Chump Change Posted February 14, 2009 Share Posted February 14, 2009 Partisians- please ignore the fact that the author is Jerome Corsi and try to focus on the numbers. Does anyone still believe that this is just another 'normal' recession in the ecomomic cycle? http://www.worldnetdaily.com/index.php?fa=...mp;pageId=88851 I don't see a happy ending here...while the world will continue to rotate and the sun will also rise, the future of our nation as we know it is clearly in doubt. Keep the blinders on or see the world for what it is, your choice. Link to comment Share on other sites More sharing options...
Kelly the Dog Posted February 14, 2009 Share Posted February 14, 2009 Frankly, he makes some good points. But I'm not at all worried, because we could easily clear this all up, all across the world, in a relatively short period of time, if we would just stop all the nonsense and bullschitt and just cut taxes for anyone in the upper middle classes and above. Link to comment Share on other sites More sharing options...
PearlHowardman Posted February 15, 2009 Share Posted February 15, 2009 Frankly, he makes some good points. But I'm not at all worried, because we could easily clear this all up, all across the world, in a relatively short period of time, if we would just stop all the nonsense and bullschitt and just cut taxes for anyone in the upper middle classes and above. Kelly - Get a LIFE! Link to comment Share on other sites More sharing options...
KD in CA Posted February 16, 2009 Share Posted February 16, 2009 Hiring hundreds of thousands of gov't employees who are gaurenteed never to be fired no matter how lazy they become, giving them free health insurance and early reitirement pensions will certainly help clear this up. Link to comment Share on other sites More sharing options...
StupidNation Posted February 16, 2009 Share Posted February 16, 2009 I think the solution is increasing welfare, giving people free money for not producing, increasing the strength of the legal profession and increasing lawsuits, having an empire across the world, and allowing illegals to destroy the country, and tax the producers of the nation and give it to non-producers. The solution overnight is to end corporate and income tax, stop welfare spending, stop military intervention worldwide, stop the bogus free-trade, and end regulation on manufacturing so we can compete with the world and bring back our jobs. Of course neither party really wants those things. It wouldn't help the corporatists or the socialists. Link to comment Share on other sites More sharing options...
IDBillzFan Posted February 17, 2009 Share Posted February 17, 2009 Hiring hundreds of thousands of gov't employees who are gaurenteed never to be fired no matter how lazy they become, giving them free health insurance and early reitirement pensions will certainly help clear this up. The world will only heal when there is finally only one class of people who rely on the goverment for everything. In one short month we are on our way, as this is easily accomplished by taking from those who produce and giving to those who don't produce to the extent that those who produce say "!@#$ it" and decide it's easier to be one who does not produce. We laughed at Peggy, but how smart is she now? Link to comment Share on other sites More sharing options...
BillsNYC Posted February 17, 2009 Share Posted February 17, 2009 Compare this recession to the one Reagan inherited. Realize that one was worse. Follow what Reagan did. We're in the clear. Link to comment Share on other sites More sharing options...
bills_fan Posted February 17, 2009 Share Posted February 17, 2009 Compare this recession to the one Reagan inherited. Realize that one was worse. Follow what Reagan did. We're in the clear. Bill With all due respect, this is far worse than 1980. Consider the following article... http://www.minyanville.com/articles/CHINA-...i/index/a/21152 Chump Change got it right...we're f*cked. S&P will be in the 600s by the ides of March. Link to comment Share on other sites More sharing options...
Kelly the Dog Posted February 18, 2009 Share Posted February 18, 2009 Solution over time Link to comment Share on other sites More sharing options...
StupidNation Posted February 18, 2009 Share Posted February 18, 2009 Solution over time While I find the cartoon somewhat humorous, we are falling because of entitlements and empire building with a touch of corporatism exporting our jobs. Tax cuts would help tremendously, but only if we slash spending. Why not realize that tax cuts as a "republican" are not the cause, but the effect of theft of individuals? I guess that might be hard to grasp when you look to steal others to pay for lazy-asses. Link to comment Share on other sites More sharing options...
finknottle Posted February 18, 2009 Share Posted February 18, 2009 Bill With all due respect, this is far worse than 1980. Consider the following article... http://www.minyanville.com/articles/CHINA-...i/index/a/21152 Chump Change got it right...we're f*cked. S&P will be in the 600s by the ides of March. I'm not so sure of that. We have a generation today who simply doesn't appreciate inflation and what it was like in the late seventies - IMO inflation is far worse than unemployment and economic contraction. It destroys your wealth, savings, and planning, and makes impossible any kind of economic decision-making. We may be worried academically about the spectre of inflation, but believe me if it hits 10-15% again you won't hear people crying about unemployment any more. They will be drowned out by those who have jobs, but whose salaries are effectively shrinking week by week. Link to comment Share on other sites More sharing options...
bills_fan Posted February 18, 2009 Share Posted February 18, 2009 I'm not so sure of that. We have a generation today who simply doesn't appreciate inflation and what it was like in the late seventies - IMO inflation is far worse than unemployment and economic contraction. It destroys your wealth, savings, and planning, and makes impossible any kind of economic decision-making. We may be worried academically about the spectre of inflation, but believe me if it hits 10-15% again you won't hear people crying about unemployment any more. They will be drowned out by those who have jobs, but whose salaries are effectively shrinking week by week. I disagree in part. Inflation benefits those with fixed rate debt payments like mortgages, student loans, the US govt etc. You can plan for inflation by moving money into the proper instruments (equities, gold etc.), then selling and taking advantage of muni/gov't bonds paying 10-15%...a once a generation buying opportunity. In a debt deflation scenario, you just try to avoid losing everything and the only asset worth anything is cold, hard cash. Link to comment Share on other sites More sharing options...
GG Posted February 19, 2009 Share Posted February 19, 2009 Solution over time If the cartoon was true, then CA & NY would be poster children of financial health right now. Link to comment Share on other sites More sharing options...
KD in CA Posted February 19, 2009 Share Posted February 19, 2009 While I find the cartoon somewhat humorous, we are falling because of entitlements and empire building with a touch of corporatism exporting our jobs. Tax cuts would help tremendously, but only if we slash spending. Why not realize that tax cuts as a "republican" are not the cause, but the effect of theft of individuals? I guess that might be hard to grasp when you look to steal others to pay for lazy-asses. What makes the cartoon stupid is that it's poking it's little fun at 'tax cuts', which presupposes that taxes (and very high taxes) are necessary. How could anyone who is not a complete moron be against reducing the tax burden on citizens (gee, wouldn't that stimulate spending)? Especially when one looks at the enormous and mostly useless bureaucracy that has been created in this country. Link to comment Share on other sites More sharing options...
Kelly the Dog Posted February 19, 2009 Share Posted February 19, 2009 What makes the cartoon stupid is that it's poking it's little fun at 'tax cuts', which presupposes that taxes (and very high taxes) are necessary. How could anyone who is not a complete moron be against reducing the tax burden on citizens (gee, wouldn't that stimulate spending)? Especially when one looks at the enormous and mostly useless bureaucracy that has been created in this country. IMO it's not at all ridiculing tax cuts as an idea, it's ridiculing tax cuts as the only idea. That it's the solution and only solution to everything. Link to comment Share on other sites More sharing options...
Chump Change Posted February 26, 2009 Author Share Posted February 26, 2009 I had to bump this...check out today's headlines: $750 Billion here... http://www.bloomberg.com/apps/news?pid=was...id=aY8vuevw1NKs $643 Billion here... http://www.washingtonpost.com/wp-dyn/conte...2502587_pf.html $75 Billion here... http://www.bloomberg.com/apps/news?pid=206...refer=worldwide Oh, and these ass clowns want some more handouts too. Think they'll get it? You betcha! http://apnews.myway.com/article/20090226/D96J8RGG0.html Which all adds up to: http://apnews.myway.com/article/20090226/D96JA8J83.html I really don't see what the big deal is and maybe I'm making much ado about nothing. Boy, the Dems sure are doing their best to make Republicans look like conservatives. But move along now...nothing to see here folks. Change we can believe in- Woo Hoo! Link to comment Share on other sites More sharing options...
StupidNation Posted February 26, 2009 Share Posted February 26, 2009 IMO it's not at all ridiculing tax cuts as an idea, it's ridiculing tax cuts as the only idea. That it's the solution and only solution to everything. Which is exactly your problem and why you can't understand institutionalized theft. Tax cuts are a reaction to an action, not created in a vacuum. When you tax productivity and give to the non-productive you eventually create what we have today in a country without manufacturing and increasing of wealth. When the credit card binge of consumers and the gov't is dry you're response will be to burn the rich, but I have bad news, there will be very few, and the ones that were got out or were drained dry. You can't have 53% of the country on the gov't check either through employment or "programs". Asking that to be cut in order to drop burdens on those paying for the 53% is (gulp) only reasonable and ethical. Or do you really believe "paying one's fair share" is really a nice way of saying "stealing". Link to comment Share on other sites More sharing options...
Chump Change Posted February 26, 2009 Author Share Posted February 26, 2009 Wow! when I posted this morning I really didn't expect much of a response. But I must say that I am overwhelmed by the Obama supporters responses to this so far! They really are on top of the issues! Link to comment Share on other sites More sharing options...
KD in CA Posted February 26, 2009 Share Posted February 26, 2009 IMO it's not at all ridiculing tax cuts as an idea, it's ridiculing tax cuts as the only idea. That it's the solution and only solution to everything. Where is your cartoon ridiculing people who think increasing Gov't spending is the solution and only solution to everything? Link to comment Share on other sites More sharing options...
RLflutie7 Posted February 27, 2009 Share Posted February 27, 2009 Which is exactly your problem and why you can't understand institutionalized theft. Tax cuts are a reaction to an action, not created in a vacuum. When you tax productivity and give to the non-productive you eventually create what we have today in a country without manufacturing and increasing of wealth. When the credit card binge of consumers and the gov't is dry you're response will be to burn the rich, but I have bad news, there will be very few, and the ones that were got out or were drained dry. You can't have 53% of the country on the gov't check either through employment or "programs". Asking that to be cut in order to drop burdens on those paying for the 53% is (gulp) only reasonable and ethical. Or do you really believe "paying one's fair share" is really a nice way of saying "stealing". This is way off base. It's the rich and their short sighted policies that caused the problem. An addiction to cheap labor is what got us to this place. People on programs and gov't money are there because companies do not want to compensate a fair wage. Plus, most communities "gave away the store" to get companies to locate in their backyard. The credit card binge was a reaction to a slow down in consumer spending in the 90s. It was credit card companies that flooded the market with credit cards. Link to comment Share on other sites More sharing options...
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