| | On first glance the S&P Shariah index appears to be very similar to Wesleyan investment ethics.As for the stimulus the intentions have been waylaid in the name of profit. Commodities trading does not feed people. If the price of corn goes down the farmer has little choice but to produce more corn. The farmer is at his discretion as to taking a futures price or a current market price. Same goes for wheat, hogs. peanuts or milk. Our government has elected to set a bottom on the price of these and various commodities. For obvious reasons.
One wonders if the stimulus monies will be employed to purchase carbon credits that will profit others with out ever being utilized to create jobs in the private sector employing skilled trades men and women in the modernization of our manufacturing and utilitarian facilities. Should one presuppose that this is what our descendants will be debating when they are on their career path? Or is this just a continuation of the superfund project of the eighties that never got off the ground?
Perhaps if our youngsters could be taught to find some one with the principles to team up with a person of their own liking and choice to save up 50,000 or so thousand dollars and borrow against it at 8 to 9 percent. They just might make it through life to their retirement in time to go into debt for their own kids education.
Government spending is one thing seeing in action is another. Reaganomics and all the Talk about trickle down were good talk. I never did see when the hammers handle got moistened other than by ones own sweat. No euphemism intended or implied.
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We must spend now as an investment for the future.
