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Rob Garbin's Blog

I started out by just testing the waters of what I wanted to say in this blog. I found it nice to get feedback on my thoughts and ideas. Now; however, I find it to be a place where I can vent the ideas that constantly plague me when I view what is going on in the world. At times I know I sound like a pundant, but I feel that I do try to take a more sensible look at the world, which I hope I am able to express here. In addition, I hope to find more to talk about than the politics of the world. We'll see.

  1. Confidence and Delusion Part II

    by , December 31st, 2011 at 01:05 PM (Rob Garbin's Blog)
    A sad facet of the debt based economy we have created is the ability to buy and sell debt to other parties. Again, this was a program created to help sell more products by having investors with money buy debt off the books of banks at a discount rate in hopes of making a profit off the remaining interest paid on the debt. The banks get more money to lend along with some of the profit and the investor gets the difference in profit from what they paid the bank and the total repayment of the debt ...
  2. Confidence and Delusion

    by , December 30th, 2011 at 11:46 PM (Rob Garbin's Blog)
    Many Americans are asking themselves why our economy is failing. They want to understand why the economy of the greatest democracy in the modern world is sinking like a lead brick. The answers, in the end, come down to the very human failings of greed, sloth, neglect, and the list goes on. These are the basic reasons for the failure of every human endeavor in the long run, but if you want to understand some of the mechanics of our current situation and what I think could be done to reverse their ...
  3. Feedback Loop

    I have heard it said many times that America's Democratic Capitalist society is the best form of government around. Mostly by Republicans that wrap themselves up in their favorite illusion along with an American Flag and a big corporate donation (Democrats are just as guilty). If they are right then, why are we drowning in debt?

    If this form of government works so well, why are we in debt to the tune of $45,000 per U.S. citizen, which is higher than that of a Greek citizen at $44,000? ...