Comments on: Day of Reckoning http://jontaplin.com/2008/06/28/day-of-reckoning/ Mon, 06 Sep 2010 22:20:37 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Paulson,Hat in Hand to Moscow « Jon Taplin’s Blog http://jontaplin.com/2008/06/28/day-of-reckoning/comment-page-1/#comment-7139 Paulson,Hat in Hand to Moscow « Jon Taplin’s Blog Thu, 03 Jul 2008 16:24:17 +0000 http://jtaplin.wordpress.com/?p=843#comment-7139 [...] The sight of him sucking up to Putin and Medvedev is a true snapshot of a changed world order. As I pointed out last week, the Russians and the Chinese are already the largest holders of our Treasury Bills. I’m not [...] [...] The sight of him sucking up to Putin and Medvedev is a true snapshot of a changed world order. As I pointed out last week, the Russians and the Chinese are already the largest holders of our Treasury Bills. I’m not [...]

]]> By: Paulson,Hat in Hand to Moscow « Jon Taplin’s Blog http://jontaplin.com/2008/06/28/day-of-reckoning/comment-page-1/#comment-7157 Paulson,Hat in Hand to Moscow « Jon Taplin’s Blog Thu, 03 Jul 2008 16:24:17 +0000 http://jtaplin.wordpress.com/?p=843#comment-7157 [...] The sight of him sucking up to Putin and Medvedev is a true snapshot of a changed world order. As I pointed out last week, the Russians and the Chinese are already the largest holders of our Treasury Bills. I’m not [...] [...] The sight of him sucking up to Putin and Medvedev is a true snapshot of a changed world order. As I pointed out last week, the Russians and the Chinese are already the largest holders of our Treasury Bills. I’m not [...]

]]> By: Andres http://jontaplin.com/2008/06/28/day-of-reckoning/comment-page-1/#comment-7135 Andres Tue, 01 Jul 2008 19:40:47 +0000 http://jtaplin.wordpress.com/?p=843#comment-7135 I don't see this as a political problem but more of a social/cultural problem. Americans have been told to spend, in fact they are encouraged to spend and spend they do. I, like many people, was brought up by a generation of immigrants that where taught the value of conservation and quality. Not too long ago American products were the most coveted because of their quality "life time guarantees" and all of that. Now we buy inexpensive, cheaply made products that satisfy the immediate need but are not meant to last. And it's not just the day to day stuff, we build our homes this way, plan communities this way and do it all on credit. It's harder to save to buy quality in the future than simply satisfy that pang of the moment. It took me a while, but nothing I own will stop working or go out of style before me and I have everything I need to be comfortable and live well. In Europe they still benefit from these customs and if you've ever had the chance to close a door or window in a house in Germany or Switzerland you know why: expensive, lasting, efficient quality. When is the last time any of you visited your television repair man? Or had a blender fixed? a couch re-upholstered or a vacuum cleaner serviced? Instead of just buying a new one? A. I don’t see this as a political problem but more of a social/cultural problem. Americans have been told to spend, in fact they are encouraged to spend and spend they do.

I, like many people, was brought up by a generation of immigrants that where taught the value of conservation and quality. Not too long ago American products were the most coveted because of their quality “life time guarantees” and all of that. Now we buy inexpensive, cheaply made products that satisfy the immediate need but are not meant to last. And it’s not just the day to day stuff, we build our homes this way, plan communities this way and do it all on credit.

It’s harder to save to buy quality in the future than simply satisfy that pang of the moment.

It took me a while, but nothing I own will stop working or go out of style before me and I have everything I need to be comfortable and live well.

In Europe they still benefit from these customs and if you’ve ever had the chance to close a door or window in a house in Germany or Switzerland you know why: expensive, lasting, efficient quality.

When is the last time any of you visited your television repair man? Or had a blender fixed? a couch re-upholstered or a vacuum cleaner serviced? Instead of just buying a new one?

A.

]]> By: Andres http://jontaplin.com/2008/06/28/day-of-reckoning/comment-page-1/#comment-7156 Andres Tue, 01 Jul 2008 19:40:47 +0000 http://jtaplin.wordpress.com/?p=843#comment-7156 I don't see this as a political problem but more of a social/cultural problem. Americans have been told to spend, in fact they are encouraged to spend and spend they do. I, like many people, was brought up by a generation of immigrants that where taught the value of conservation and quality. Not too long ago American products were the most coveted because of their quality "life time guarantees" and all of that. Now we buy inexpensive, cheaply made products that satisfy the immediate need but are not meant to last. And it's not just the day to day stuff, we build our homes this way, plan communities this way and do it all on credit. It's harder to save to buy quality in the future than simply satisfy that pang of the moment. It took me a while, but nothing I own will stop working or go out of style before me and I have everything I need to be comfortable and live well. In Europe they still benefit from these customs and if you've ever had the chance to close a door or window in a house in Germany or Switzerland you know why: expensive, lasting, efficient quality. When is the last time any of you visited your television repair man? Or had a blender fixed? a couch re-upholstered or a vacuum cleaner serviced? Instead of just buying a new one? A. I don’t see this as a political problem but more of a social/cultural problem. Americans have been told to spend, in fact they are encouraged to spend and spend they do.

I, like many people, was brought up by a generation of immigrants that where taught the value of conservation and quality. Not too long ago American products were the most coveted because of their quality “life time guarantees” and all of that. Now we buy inexpensive, cheaply made products that satisfy the immediate need but are not meant to last. And it’s not just the day to day stuff, we build our homes this way, plan communities this way and do it all on credit.

It’s harder to save to buy quality in the future than simply satisfy that pang of the moment.

It took me a while, but nothing I own will stop working or go out of style before me and I have everything I need to be comfortable and live well.

In Europe they still benefit from these customs and if you’ve ever had the chance to close a door or window in a house in Germany or Switzerland you know why: expensive, lasting, efficient quality.

When is the last time any of you visited your television repair man? Or had a blender fixed? a couch re-upholstered or a vacuum cleaner serviced? Instead of just buying a new one?

A.

]]> By: P. Cross http://jontaplin.com/2008/06/28/day-of-reckoning/comment-page-1/#comment-7134 P. Cross Tue, 01 Jul 2008 17:07:13 +0000 http://jtaplin.wordpress.com/?p=843#comment-7134 You got it, sad but true You got it, sad but true

]]> By: P. Cross http://jontaplin.com/2008/06/28/day-of-reckoning/comment-page-1/#comment-7155 P. Cross Tue, 01 Jul 2008 17:07:13 +0000 http://jtaplin.wordpress.com/?p=843#comment-7155 You got it, sad but true You got it, sad but true

]]> By: jeff http://jontaplin.com/2008/06/28/day-of-reckoning/comment-page-1/#comment-7131 jeff Tue, 01 Jul 2008 16:31:45 +0000 http://jtaplin.wordpress.com/?p=843#comment-7131 .....and a happy July 4th Dependence Day to you. …..and a happy July 4th Dependence Day to you.

]]> By: jeff http://jontaplin.com/2008/06/28/day-of-reckoning/comment-page-1/#comment-7154 jeff Tue, 01 Jul 2008 16:31:45 +0000 http://jtaplin.wordpress.com/?p=843#comment-7154 .....and a happy July 4th Dependence Day to you. …..and a happy July 4th Dependence Day to you.

]]> By: P. Cross http://jontaplin.com/2008/06/28/day-of-reckoning/comment-page-1/#comment-7130 P. Cross Mon, 30 Jun 2008 20:59:22 +0000 http://jtaplin.wordpress.com/?p=843#comment-7130 Morgan-"Because we are at the natural conclusion, the end game of vote-for-stuff democracy "- You said a Mouf-ful, we can't afford to play the game under the existing rules anymore. Morgan-”Because we are at the natural conclusion, the end game of vote-for-stuff democracy “-

You said a Mouf-ful, we can’t afford to play the game under the existing rules anymore.

]]> By: P. Cross http://jontaplin.com/2008/06/28/day-of-reckoning/comment-page-1/#comment-7153 P. Cross Mon, 30 Jun 2008 20:59:22 +0000 http://jtaplin.wordpress.com/?p=843#comment-7153 Morgan-"Because we are at the natural conclusion, the end game of vote-for-stuff democracy "- You said a Mouf-ful, we can't afford to play the game under the existing rules anymore. Morgan-”Because we are at the natural conclusion, the end game of vote-for-stuff democracy “-

You said a Mouf-ful, we can’t afford to play the game under the existing rules anymore.

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