Charlie Rose

Ricardo_Amaral  05/07/2012 10:10 AM Report

@topazgirl: I have no idea. But he said in one of his postings recently that he is 84 years old, and people of that age usually has some kind health problems here and there.

I guess when he is feeling better he will return to the discussions here on the Charlie Rose message board.

If he is sick, I wish him a speedy recovery.

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topazgirl  05/07/2012 02:55 AM Report

Ricardo A: Where IS Gelles? I have not seen him in a while, and am a bit concerned...

finalfantasytown  05/07/2012 02:50 AM Report

Cadmus, founding Thebes which is one of domains of Ares, and Trojan War.

ShalomFreedman  05/06/2012 10:44 AM Report

The idea of a Marshall Plan for the Middle Class , of reskilling the American workforce makes a great deal of sense. Clearly the heart of the country is hurting and American global competitiveness is problematic. His book sounds as if it is very much worth reading.

finalfantasytown  05/06/2012 08:52 AM Report

For the blind dissent case, generally he has a face of dissent who needs eyes, and weak physical body. From his appearance, the designers don't care Chinese origin and current situation. In ancient China, when people draw a dragon, the most difficult part is eyes which guide you to understand what kind of dragon spirit is. In current situation, the whole land is composed of complex structures which are body parts of serpent, dog, rabbit, pig, mouse, etc. Thus, the blind dissent should have wear a cloth of monster inflecting this situation. Why inflecting? Because of their instinct or because of 'puzzle' making things more complicated. From this point, part of designer's region can be identified. In the brain of lower level of designers, Chinese communist party has eyes. They also want eyes guided by Americans. They are trying to detect relationship in deep between the new ambassador in Beijing and American government. They even worry about why the new ambassador has Chinese blood. Does it mean game is close to zero? This puzzle can be solved in this level based on the blind dissent himself through making senses of sexual touching, spicy tasting, typical accent, and perfume. In mind of middle level of designers, in this level, they need the largest consuming market in the world and money to keep their competitive state of hallucination. Of course, the middle level and lower level have the same appetite on this for collaboration. The question is whom they unselfcontrollably compete against. Is it meaningful and necessary? Is there an alternative way? If no alternative way for the middle level, why Americans have to innocently involve in this nasty business. Why not consider reconstruction of world map? No top level of designers.

Ricardo_Amaral  05/06/2012 07:02 AM Report

Gelles, here is more back up information regarding the fast decline of the US economic and financial system.

The Crumbling of America

http://www.elitetrader.com/vb/showthread.php?s=228e1811c71a2df2286b99b3ecc6aea5&threadid=222491&perpa ge=6&pagenumber=17

May 6, 2012

SouthAmerica: Connect the dots and you can see that the US economic and financial system is in free fall, imploding, and going to hell in a handbasket.

Here is why:

*****

The New Standard of Living in the USA

http://www.elitetrader.com/vb/showthread.php?s=228e1811c71a2df2286b99b3ecc6aea5&threadid=241539&perpa ge=6&pagenumber=5

May 2, 2012

SouthAmerica: ...The declining standard of living in the US is here to stay....

The new generation doesn't have a job with a decent wage, and I know a bunch of young people here in New Jersey with college degrees working in marginal jobs with no benefits, and also with no future – and they hardly make enough money to pay for their car insurance and gas.

The best the US economy can do today is create Burger King type of jobs, or part-time jobs at Walmart or other similar types of jobs that are good for a third world country.

The young generation has no future in the United States, and at the same time they are destroying the standard of living of the Baby Boom generation as they have been disposed of and discarded like a piece of garbage by the US corporations.

They are destroying the standard of living of the seniors in two ways:

1) Ben Bernanke has been keeping interest artificially close to zero for a long time, and the Fed probably will keep that policy for many years to come, since the US banking system is addicted to zero interest rates and the handouts they get from the fed.

Most seniors who depend on a decent rate of return, are getting nothing for their money, and many seniors have been able to survive by using their declining principal – and many seniors are afraid that they are going to run out of money before they die.

2) The standard of living of the seniors is also declining in another way – in 2012 the seniors received 3.6 percent increase on their social security money regarding inflation, because 2012 is an election year. But in the prior 3 years we had an average inflation rate of 7 percent regarding gas, food, and other regular expenses and during that period the real inflation that affected these seniors added to about 21 percent, and the US government gave nothing to adjust the social security monthly check for the seniors. During the years 2009, 2010, and 2011 the people living from social security lost over 20 percent in purchasing power because of inflation.

And you can bet that after the election, the US government will go back to its policy of not giving annual adjustment for inflation to the growing number of social security recipients.

The American population is in a race to the bottom regarding the standard of living in the United States – and Americans have no way in hell to reverse that trend.

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Ricardo_Amaral  05/06/2012 06:48 AM Report

Gelles, the discussion on that video basically is about the same subject of this current discussion - about US economic decline.

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Ricardo_Amaral  05/06/2012 06:44 AM Report

Hello Gelles, you might enjoy watching this discussion that I posted at the Elite Trader Economics forum:

May 6, 2012

SouthAmerica: Excellent discussion on this video, and I agree 100 percent with the entire analysis of Dr. Paul Craig Roberts on this video – he hit the nail on the head.

On the Edge with Max Keiser: US student loan crisis - 05-04-2012

http://youtu.be/64K8tTVuook

In this edition of the show Max interviews Paul Craig Roberts, former US treasury official. He talks about the US student loan crisis, where the student debt has passed one trillion dollars but 50 percent of the young graduates are either jobless or under-employed.

Paul Craig Roberts is an economist and a columnist for Creators Syndicate. He served as an Assistant Secretary of the Treasury in the Reagan Administration earning fame as a co-founder of Reaganomics.

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anne4444  05/05/2012 05:30 PM Report

Thank you for sharing.

Want a better world? Eating vegetable is the first step.

Eating vegetables will enable your souls (eye is the door for the soul) to see the invisible things. Some people are curious to peep into other world. Some are not and busy with digging the Gold, either for greed or surviving

Maybe… In June this year… Our sun will help us to see the invisible world. It will lift up our consciousness and understanding of the world.

tabs  05/05/2012 02:28 PM Report

One has been running behind with listening to these interviews...

Mr Luce states the obvisous but he don't know the reasons WHY. He has not figured out the process and mechanism and as such remains myopic to the Arc Of History. The following was posted as ones response to the 5/1/12 Tom Colburn interview. In that post one did not want to reiterate the deficit debt debacle issue but wanted to expand upon the Colburn perspective and go to the long term historical trajectory. None of this is new as most all of this has been posted by oneself here and elsewhere over the past few years.

tabs 05/04/2012 03:28 PM

Permit one to be egocentric for a moment. Some have said that, "TABS is with Colburn." NO, Colburn is with TABS. Colburn as a politician is only telling you half the truth. Either he does not see it or he dare not say it.

It has become evident if for no other reason than the comments posted below that Americans CAN NOT HANDLE THE TRUTH. The truth of their predicament is unpleasant and disturbing. Americans would rather delude themselves by remiaining ignorant. Charlie Rose himself seemed perplexed by what Senator Colburn was telling him, as if he was just hearing it for the first time. One can catagorically state that from watching Charlie over the years that Charlie has heard it before but choose not to believe it.

The truth of the matter is that since 7/19/69 America has been a power in decline. That day of landing a man on the Moon was the pinacle of American power and prestige in the world. At the end of WW2 America had the perfect once in a nations history storm at its back that filled its sails with unprecedented wealth and power for the next 25 years. America entered into the Great Post War Prosperity Boom where a man without a High School education could become Middle Class by working at a high paying factory job.

Why was this so, because there were NO OTHER FACTORIES IN THE WORLD that produced what was needed. By the mid 1960's this all began to change with Europe, Japan, Korea and Taiwan at first coming back online economically (industrially). With this competition the game changed and America HAD TO GIVE UP MARKET SHARE to its competitiors. This was a fact of life about the nature of competition.

So what has America done to meet this changing world. In 1968 President Johnson put the Social Security Trust and Payroll Taxes into the General Account thus hiding the real deficit spending and debt for the NEXT 44 years.Thus America has been living beyond its means for all those decades. In other words Mr Krugman we have been spending those Chickens long before they have been hatched. The bills for that largess is now coming due and there are unpleasant constraints attached. Now comes the queston of what to do about it?

If one looks at this from a historical perspective it is very clear that America can NEVER return to the prosperity and hegemony that it enjoyed in the post WW2 period while there is competition in the world. You can not put Humpty Dempty back together again. However neither Political Party is willing to tell the American People this unpleasant truth.

Now comes Part 2:

There are some that think that a rising tide can rise all boats and it is not a Zero Sum game. In the real material world the Earths resources are FINITE.

In Part 1, one used the putting of the SS Trust into the GA as a symbolic example of the American response to a changing world.

Further technology brought about increased productivity replacing many unskilled workers jobs. If one were to think about it Technology is the enemy of the American MIddle Class as it has taken its job and thus wealth (status) away. The American Middle Class was destined to shrink due to increased foreign competiton starting in earnest in the middle 1960's and the rise of technology which can now do what a man used to do. The question is can you train a man of average intelliegence to do a high tech job which requires above average intelligence to master those skills?

REMant  05/04/2012 11:28 AM Report

Luce was FT's Washington Bureau chief from 2006-2011, and is now a columnist, and judging from his columns (here, http://www.ft.com/comment/columnists/edward-luce) fairly harsh in his assessment of America.

I read two reviews which thought the title of the book should have been "Time to Start Drinking." (NYT here: http://www.nytimes.com/2012/04/08/books/review/time-to-start-thinking-by-edward-luce.html?_r=1&pagewa nted=all)

What was funny about this tho aside from the fact that Charlie tried to derail the discussion from the beginning, was that when the author says the collapse of the middle-class, (which is to say republicanism altho neither would admit that,) is a real problem, getting worse, Charlie immediately tries to get him to blame someone or something else in the Democrat's playbook, despite the fact that Obama, himself, ran on this issue four years ago. He repeats himself, and Charlie tries several other end runs, until at last, Luce, who, tho from a Tory background, was Larry Summers' chief speech writer for a year in the Clinton admin, comes up with the idea of a vast retraining and retooling bureaucracy, a Marshall Plan for labor, upon which Charlie apparently decides that's the best he'll get and abruptly closes. The thing about the Marshall Plan, however, was that it was decidedly deflationary, regressive and anti-union, designed to serve American business interests, and, Keynesians concluded, ineffective, giving rise, according to Kolko, to demands for Cold War spending. I don't think that's true, but that is what happened.