The 'stimulus' isn't going to work, and why.

[unregistered]

 

[Lavared]

The age group that has the wealth (50+) understands all that. And you can sit and try to blow all the smoke up their ass you want but it isn't going to change the fact that they're pulling out of the economy and the more this congress does to run up the debt on welfare give aways, the faster they're going to pull out of the economy.

Kindly to explain "pulling out of the economy". Saving more? Not eating out? No longer buying stocks? Putting their money into Swiss banks (which should actually decrease since the Swiss are communicating with the IRS)?

 

[unregistered]

 

[off2bed]

If people are yanking their retirement funds from risky places, and putting them in things the government can't control, then the Democrats will undoubtedly follow the Argentine model.

If seizing gold is part of their plan, what will they do? Raid peoples houses like they were crack houses? That'll be funny till half the federal agents die of lead poisoning.

 

[Ishmael]

Kindly to explain "pulling out of the economy". Saving more? Not eating out? No longer buying stocks? Putting their money into Swiss banks (which should actually decrease since the Swiss are communicating with the IRS)?

All of the above. But primarily in the form of not investing and not buying non-essentials. In other words, capital preservation.

And the Swiss have decided not to cooperate. What's their incentive to cooperate with a has been economic power whose government is driving it into bankruptcy? They're starting to give the US government the big middle finger. What's Obama going to do, tell them they can't buy any of our poisoned securites?

Ishmael

 

[Lavared]

And the Swiss have decided not to cooperate.

Have they? That must have been on the news on one of my school nights.

Good for the Swiss. I figured that turning over the names of all their American depositors to the IRS would be a sure-fire way to keep Americans from continuing to use their banks.

Not to mention autonomy.

 

[Cap’n AMatrixca]

They don't have to come looking for the gold, they just have to catch you in the act of actually trying to use it as currency...





Soon, we could be on a Galt-style barter economy.

 

[Lavared]

Soon, we could be on a Galt-style barter economy.

I'll do your taxes if you'll clean out my koi pond this spring.

 

[off2bed]

Easy, just travel overseas and exchange it.

Or just ride it out. Prohibition rarely lasts long. It'll be funny to see drugs legal and gold illegal, then the drug lords will become gold smugglers. Most likely, though, when they re-legalize gold it'll be worth diddly.

 

[Cap’n AMatrixca]

Taxes done!





Who says we'll be allowed to travel? Are we going to end the extensive airport searching, or do we make like the NFL and hire a boat?




I still remember playing with hoarded silver certificates as a kid.

 

[off2bed]

With gold so heavy, they'll just restrict our baggage to ten pounds per bag.

Customs will have gold-sniffing dogs.

Cigarette boats will be more popular than ever...

 

[unregistered]

 

[Cap’n AMatrixca]

I think America has forgotten how to deal in gold but silver American coins can be circulated quite easily I think.

Wait until we see real quartered dollars! Have tin snips, can make "change!"





Change you can believe in!

 

[off2bed]

Pieces of eight! Pieces of eight!

 

[Cap’n AMatrixca]

Pieces of eight! Pieces of eight!

Ayers, me Matey, we're ALL pirates now! Somolia bound!

 

[off2bed]

Ayers, me Matey, we're ALL pirates now! Somolia bound!

Somalia? Nope, we're bound for the "Ayres Capitalist Re-Education camp."

 

[Acanthus]

Im actually writing a paper on the failure of regeanomics today. I'll post it later for the "free market capitalists" to critique.

 

[Ishmael]

Im actually writing a paper on the failure of regeanomics today. I'll post it later for the "free market capitalists" to critique.

Good, no one gives a shit.

Write a paper on how socialism is going to get us back to prosperity.

Ishmael

 

[Acanthus]

Good, no one gives a shit.

Write a paper on how socialism is going to get us back to prosperity.

Ishmael

But wait, arent you a "cutting taxes fixes everything" proponent?

Dont worry, ill cover the reinvestment act too.

 

[hogjack]

writing a paper on the failure of regeanomics.

Nancy Reagan's astrologist Joan Quigley foresaw your work being published someday. Later, the President just laughed it off and finished his nap.

Reaganites will hound you. Be careful.

 

[off2bed]

Good, no one gives a shit.

Write a paper on how socialism is going to get us back to prosperity.

Ishmael

Prosperity is so 20th century. Today it's all about fairness. Share the misery.

 

[hogjack]

a "cutting taxes fixes everything" proponent?

Wrong.

Ishy is a "cutting taxes, increase spending" proponent.

The incongruent fiscal concept keeps the Russkies confused. That's a win!!

 

[Ishmael]

Prosperity is so 20th century. Today it's all about fairness. Share the misery.

That just about sums it up.

Ishmael

 

[MeeMie]

Soon, we could be on a Galt-style barter economy.

It has already started...

Going John Galt


Like Robert Stacey McCain, my frustration with the “moderates” who voted for Obama in the desperate hope that he was not what the evidence - and by evidence, I mean his words, his associates, and even his extremely limited legislative track record - clearly proclaimed him to be: a far left Chicago thug politician whose goal was to move us into a more socialist state. David Brooks, Christopher Buckley, Peggy Noonan, Kathleen Parker, Doug Kmiec… you led the RINO cheerleading squad that helped this man become our President. Serious scrutiny of Obama’s admittedly scant record would have told you all you need to know.

Now people begin to feel sorry, and are deservedly mocked. But in the meantime, we’re going further and further down the socialist rabbit hole, and taxpayers like me who are net contributors to the federal government - instead of the 60% of taxpayers who receive more in government services than they put in - are going John Galt.

http://pursuingholiness.com/wp-content/uploads/whopaystaxes.gif

Gas lines, unemployment, inflation, problems with terrorists… we have all this and more to look forward to, right down to the guy in the Oval Office lecturing us that we can’t keep our homes at the temperature we like. At least Carter had the decency to put on a sweater and give the appearance of suffering right along with the rest of us. President Obama can’t even do that. These things are going to happen eventually anyway because the 40% cannot carry the rest of the country, nor should a moral society expect us to do so. My goal is to not extend the misery; to hasten the inevitable crash so we can recover quickly.

Do I want Obama to fail? Aren’t I, as a Christian, required to pray for our president? I do pray for him. But I don’t pray for his success, where his success means implementing policies which harm the country’s security, kill babies, increase poverty, and decrease freedom. The Alinskyite game playing is pathetic, trying to divide us with “have you beat your wife lately?” questions designed to “catch” conservatives in being “disloyal” to the President. Are you now, or have you ever been, a fan of Rush Limbaugh? Grow up! I’m not hoping for economic failure. I’m experiencing economic failure, and I’m hoping to return to economic success.

As the natural consequences of these disastrous polices - foreign policy based on magical thinking, energy policy designed to increase costs and cause shortages, economic policy that has already stolen big chunks out of people’s retirement funds by sending the stock market back to Clinton administration levels, with no floor in sight - the country is going to suffer. I welcome that, to the extent necessary to cause people to re-think their attitudes and comprehend the results of their entitlement mentality.

By going John Galt - reducing my income to the point that I no longer subsidize anyone else via government imposed wealth transfers - I hope to hasten the inevitable collapse.

The H.E.N.R.Y.’s feel the same way; people who are in the dreaded eeevil, mean capitalist pig $250,000 bracket are cutting back on their productivity. As they should - where does society get the right to enslave these people? The faster the 40% opts out, the sooner the collapse, and the sooner we can correct the situation.

Think of it as praying the alcoholic in your family will hit rock bottom sooner, rather than later. It’s time to stop enabling the entitlement mentality. It’s time to let go of our co-dependency and desire to be liked. It’s time for an intervention.

It’s time to go John Galt.

 

[Ishmael]

MeeMie, it started before the media or the government were even paying attention. It's just now escalating.

Ishmael