(10-07-2013 11:46 AM)thedude3737 Wrote: What I've never understood is why chicken little comes out when there's even a remote threat of the market crashing, "The sky is falling! The sky is falling!"
There have been doomsday prophets for centuries.
Okay, there's a massive U.S. Dollar drop. Okay, there's a Treasury bond crisis. So what?
Okay, unemployment rates skyrocket. Okay, crime rates go up. So what?
Does anyone really think, "Oh, the U.S. is done." I might feel that way about this country culturally, but certainly not financially. I look at it as opportunity. I look at it as a time to stack cash and buy in.
A LOT of people got filthy rich right after the great depression. They also got filthy rich in 2001 and in 2009 as well. Buy in when shit hits the fan and then sit back and watch the reconstruction process. What's the problem here? I'm not as market-savvy as some posters here so what am I missing?
(10-07-2013 11:46 AM)thedude3737 Wrote: What I've never understood is why chicken little comes out when there's even a remote threat of the market crashing, "The sky is falling! The sky is falling!"
There have been doomsday prophets for centuries.
Okay, there's a massive U.S. Dollar drop. Okay, there's a Treasury bond crisis. So what?
Okay, unemployment rates skyrocket. Okay, crime rates go up. So what?
Does anyone really think, "Oh, the U.S. is done." I might feel that way about this country culturally, but certainly not financially. I look at it as opportunity. I look at it as a time to stack cash and buy in.
A LOT of people got filthy rich right after the great depression. They also got filthy rich in 2001 and in 2009 as well. Buy in when shit hits the fan and then sit back and watch the reconstruction process. What's the problem here? I'm not as market-savvy as some posters here so what am I missing?
(10-07-2013 11:49 AM)It_is_my_time Wrote:(10-07-2013 11:46 AM)thedude3737 Wrote: What I've never understood is why chicken little comes out when there's even a remote threat of the market crashing, "The sky is falling! The sky is falling!"
There have been doomsday prophets for centuries.
Okay, there's a massive U.S. Dollar drop. Okay, there's a Treasury bond crisis. So what?
Okay, unemployment rates skyrocket. Okay, crime rates go up. So what?
Does anyone really think, "Oh, the U.S. is done." I might feel that way about this country culturally, but certainly not financially. I look at it as opportunity. I look at it as a time to stack cash and buy in.
A LOT of people got filthy rich right after the great depression. They also got filthy rich in 2001 and in 2009 as well. Buy in when shit hits the fan and then sit back and watch the reconstruction process. What's the problem here? I'm not as market-savvy as some posters here so what am I missing?
The Debt to GDP ratio under Bush got out of control. To the point by the 2008 election we needed someone who was extremely fiscally conservative to save the country.
Instead we got the most feminist liberal president in the history of the country. So our debt to GDP is probably beyond the point of no return.
If magically the American people woke up and realized we cannot borrow at this rate and voted in the most fiscal conservative politicians in the last 70 years to run the govt. we might be able to save it.
That isn't happening. And the number of takers and those looking for a hand outs continues to grow and vote in line step.
It is only a matter of time, I am hoping they can starve it off long enough that I can get out before it collapses.
(10-07-2013 12:08 PM)thedude3737 Wrote:(10-07-2013 11:49 AM)It_is_my_time Wrote:(10-07-2013 11:46 AM)thedude3737 Wrote: What I've never understood is why chicken little comes out when there's even a remote threat of the market crashing, "The sky is falling! The sky is falling!"
There have been doomsday prophets for centuries.
Okay, there's a massive U.S. Dollar drop. Okay, there's a Treasury bond crisis. So what?
Okay, unemployment rates skyrocket. Okay, crime rates go up. So what?
Does anyone really think, "Oh, the U.S. is done." I might feel that way about this country culturally, but certainly not financially. I look at it as opportunity. I look at it as a time to stack cash and buy in.
A LOT of people got filthy rich right after the great depression. They also got filthy rich in 2001 and in 2009 as well. Buy in when shit hits the fan and then sit back and watch the reconstruction process. What's the problem here? I'm not as market-savvy as some posters here so what am I missing?
The Debt to GDP ratio under Bush got out of control. To the point by the 2008 election we needed someone who was extremely fiscally conservative to save the country.
Instead we got the most feminist liberal president in the history of the country. So our debt to GDP is probably beyond the point of no return.
If magically the American people woke up and realized we cannot borrow at this rate and voted in the most fiscal conservative politicians in the last 70 years to run the govt. we might be able to save it.
That isn't happening. And the number of takers and those looking for a hand outs continues to grow and vote in line step.
It is only a matter of time, I am hoping they can starve it off long enough that I can get out before it collapses.
I understand all that, but then what?
Look, not to get all conspiracy theory here but governments have been in bed with private bankers for centuries now. The U.S. and European governments have been funding wars, railroads, and god knows how many industries through the Rothschild family for centuries. Being indebted to foreign bankers is absolutely not something new.
Do you really think this is an accident?
So we're budgeted at a defecit. Great. Does anyone REALLY think that the U.S. will default? We still have, by FAR, the highest GDP in the world. So if our GDP/debt ratio is that far off the cliff, obviously there are austerity measures which can take place, which some people think will tank the market.
But again, so what? Okay spending drops and the market drops and chicken little comes out again and says, "The sky is falling! The sky is falling!"
As we can see, we can easily cut 800,000 govt jobs and NOTHING HAPPENS. I would guess you can cut 2-3x that amount and NOTHING HAPPENS. Grats on the bureaucracy, America. Every armchair economist on here can say what the solution is. There are millions of solutions. Take jobs out of government sector bureaucracy and put them into commodities, tech, energy, whatever.
But again, think about the money flow.
U.S. is in debt because some very powerful people want the U.S. to be in debt.
If you were a banker, who is your best client? The one with the biggest salary and most assets. That's us. The GDP:debt is irrelevant. That's like a banker chastising his client for hitting the strip club too often. It's irrelevant.
There is no crisis. This situation could get turned around in a matter of years with some austerity measures and restructuring of the job market. But that will only happen when a very select few, very powerful people WANT it to happen.
(10-07-2013 12:17 PM)It_is_my_time Wrote: The USA is a country on the edge of violence. Remove those resources along with the handouts that keep the takers quiet and happy and TBH I don't want to know what it will look like.
At that point we are probably looking at a true police state to control things.
So will the USA completely collapse? Probably not. Will there be lots of great economic freedoms or just general civil liberties? Unlikely as well. I believe there are some very dark days ahead. I hope I am wrong.
(10-07-2013 11:49 AM)It_is_my_time Wrote:(10-07-2013 11:46 AM)thedude3737 Wrote: What I've never understood is why chicken little comes out when there's even a remote threat of the market crashing, "The sky is falling! The sky is falling!"
There have been doomsday prophets for centuries.
Okay, there's a massive U.S. Dollar drop. Okay, there's a Treasury bond crisis. So what?
Okay, unemployment rates skyrocket. Okay, crime rates go up. So what?
Does anyone really think, "Oh, the U.S. is done." I might feel that way about this country culturally, but certainly not financially. I look at it as opportunity. I look at it as a time to stack cash and buy in.
A LOT of people got filthy rich right after the great depression. They also got filthy rich in 2001 and in 2009 as well. Buy in when shit hits the fan and then sit back and watch the reconstruction process. What's the problem here? I'm not as market-savvy as some posters here so what am I missing?
The Debt to GDP ratio under Bush got out of control. To the point by the 2008 election we needed someone who was extremely fiscally conservative to save the country.
Instead we got the most feminist liberal president in the history of the country. So our debt to GDP is probably beyond the point of no return.
If magically the American people woke up and realized we cannot borrow at this rate and voted in the most fiscal conservative politicians in the last 70 years to run the govt. we might be able to save it.
That isn't happening. And the number of takers and those looking for a hand outs continues to grow and vote in line step.
It is only a matter of time, I am hoping they can starve it off long enough that I can get out before it collapses.
(10-07-2013 12:28 PM)Hencredible Casanova Wrote:(10-07-2013 11:49 AM)It_is_my_time Wrote:(10-07-2013 11:46 AM)thedude3737 Wrote: What I've never understood is why chicken little comes out when there's even a remote threat of the market crashing, "The sky is falling! The sky is falling!"
There have been doomsday prophets for centuries.
Okay, there's a massive U.S. Dollar drop. Okay, there's a Treasury bond crisis. So what?
Okay, unemployment rates skyrocket. Okay, crime rates go up. So what?
Does anyone really think, "Oh, the U.S. is done." I might feel that way about this country culturally, but certainly not financially. I look at it as opportunity. I look at it as a time to stack cash and buy in.
A LOT of people got filthy rich right after the great depression. They also got filthy rich in 2001 and in 2009 as well. Buy in when shit hits the fan and then sit back and watch the reconstruction process. What's the problem here? I'm not as market-savvy as some posters here so what am I missing?
The Debt to GDP ratio under Bush got out of control. To the point by the 2008 election we needed someone who was extremely fiscally conservative to save the country.
Instead we got the most feminist liberal president in the history of the country. So our debt to GDP is probably beyond the point of no return.
If magically the American people woke up and realized we cannot borrow at this rate and voted in the most fiscal conservative politicians in the last 70 years to run the govt. we might be able to save it.
That isn't happening. And the number of takers and those looking for a hand outs continues to grow and vote in line step.
It is only a matter of time, I am hoping they can starve it off long enough that I can get out before it collapses.
thedude737 - Great post. I totally agree. Lots of fear mongers out there.
According to former Congressman Pete Stark (the only one who had the balls to openly admit he was an Atheist while in office), the larger the national debt, the wealthier we are. Other nations still view the US government as a creditworthy borrower.
(10-07-2013 12:27 PM)thedude3737 Wrote:(10-07-2013 12:17 PM)It_is_my_time Wrote: The USA is a country on the edge of violence. Remove those resources along with the handouts that keep the takers quiet and happy and TBH I don't want to know what it will look like.
At that point we are probably looking at a true police state to control things.
So will the USA completely collapse? Probably not. Will there be lots of great economic freedoms or just general civil liberties? Unlikely as well. I believe there are some very dark days ahead. I hope I am wrong.
I don't necessarily disagree, but I still think it's an irrational fear. The U.S. has been down that road before and like I said, people got extremely wealthy during the rebuild.
(10-07-2013 12:58 PM)Samseau Wrote:(10-07-2013 12:27 PM)thedude3737 Wrote:(10-07-2013 12:17 PM)It_is_my_time Wrote: The USA is a country on the edge of violence. Remove those resources along with the handouts that keep the takers quiet and happy and TBH I don't want to know what it will look like.
At that point we are probably looking at a true police state to control things.
So will the USA completely collapse? Probably not. Will there be lots of great economic freedoms or just general civil liberties? Unlikely as well. I believe there are some very dark days ahead. I hope I am wrong.
I don't necessarily disagree, but I still think it's an irrational fear. The U.S. has been down that road before and like I said, people got extremely wealthy during the rebuild.
Not true. The average man gets clobbered during depressions/recessions. In particular during the Great Depression of the 1930's no one was making any money except for a lucky few.
The only reason the USA got out of the Great Depression was being the victor of WW2; otherwise the USA would have remained the dump it was during the 1930's.
The truth about America's prosperity isn't capitalism or New Deal policies, but instead a massive war that took us to prosperity.
I'd try posting some stats on this subject but all the government sites are shut down right now so I cannot look anything up.
(10-07-2013 12:32 PM)thegmanifesto Wrote:(10-07-2013 12:17 PM)It_is_my_time Wrote: Instead we got the most feminist liberal president in the history of the country. So our debt to GDP is probably beyond the point of no return.
Just so I follow, you are talking about that male cheerleader George Bush's second term here, correct?
(10-07-2013 10:06 AM)klosck Wrote: The truth of the matter is, (and the much larger issue) is that it can’t be passed because we are broke, broke, broke….
(10-07-2013 12:27 PM)thedude3737 Wrote: ……. there are 3 types:
-Alarmists. Chicken little. Sorry, but you'll be the first to go.
-Preservationists. People with a stake in the game, something to lose, who are reluctant to adapt to an upcoming change or shift.
-Opportunists. People who follow trends, formulate potential outcomes, and adapt in anticipation to yield the maximum reward possible.
I look at everything through lens number 3 for obvious reasons. I don't like thinking in terms of "Crashes", why? Because someone got rich off of it! In every single high and low throughout economic history, someone got rich off of it.
(10-07-2013 12:27 PM)thedude3737 Wrote: If you've got everything tied up in dividend-yielding assets and retirement accounts, yeah, life will probably suck for you, and bad.
But if you're sitting on a pile of cash, you are STOKED!
(10-07-2013 12:08 PM)thedude3737 Wrote: So we're budgeted at a defecit. Great. Does anyone REALLY think that the U.S. will default? We still have, by FAR, the highest GDP in the world. So if our GDP/debt ratio is that far off the cliff, obviously there are austerity measures which can take place, which some people think will tank the market.
(10-07-2013 12:08 PM)thedude3737 Wrote: As we can see, we can easily cut 800,000 govt jobs and NOTHING HAPPENS. I would guess you can cut 2-3x that amount and NOTHING HAPPENS.
(10-07-2013 12:08 PM)thedude3737 Wrote: If you were a banker, who is your best client? The one with the biggest salary and most assets. That's us. The GDP:debt is irrelevant. That's like a banker chastising his client for hitting the strip club too often. It's irrelevant.
There is no crisis. This situation could get turned around in a matter of years with some austerity measures and restructuring of the job market. But that will only happen when a very select few, very powerful people WANT it to happen.
(10-07-2013 12:28 PM)Hencredible Casanova Wrote: According to former Congressman Pete Stark (the only one who had the balls to openly admit he was an Atheist while in office), the larger the national debt, the wealthier we are. Other nations still view the US government as a creditworthy borrower.

(10-07-2013 01:15 PM)It_is_my_time Wrote:(10-07-2013 12:32 PM)thegmanifesto Wrote:(10-07-2013 12:17 PM)It_is_my_time Wrote: Instead we got the most feminist liberal president in the history of the country. So our debt to GDP is probably beyond the point of no return.
Just so I follow, you are talking about that male cheerleader George Bush's second term here, correct?
Nah, Bush sucked, but he has been out of office almost 5 years.
I am talking about a president that...
Proudly claimed he was a feminist.
Who ran on the premise that women make less than men for the very same job and the very same work.
Who ran a campaign of stopping the "war on women" while men are being crushed by this economy and the anti-male laws.
Who passed a 1,200 page healthcare bill that targets young and middle aged men and saves women even more money.
What a disaster for any true red pill male.
(10-07-2013 02:20 PM)JayJuanGee Wrote: This video appears to have been shot during the Bush era, and a funny thing about this video is that Republican Pete Stark is pretty much arguing that debt is not a problem because he likes the way that the Republicans are using that debt to bring benefits to the American people.
(10-07-2013 02:26 PM)Hencredible Casanova Wrote:(10-07-2013 02:20 PM)JayJuanGee Wrote: This video appears to have been shot during the Bush era, and a funny thing about this video is that Republican Pete Stark is pretty much arguing that debt is not a problem because he likes the way that the Republicans are using that debt to bring benefits to the American people.
Pete Stark is a Democrat. He represented one of the most liberal and solidly blue districts in the US (East Bay communities in the San Francisco metro area). That's largely the reason he was able to publicly proclaim his atheism without suffering political consequences.
I guess i do not watch enough TV to know some of the personalities, including who is Jan Feldman.(10-07-2013 02:22 PM)Hencredible Casanova Wrote:(10-07-2013 01:15 PM)It_is_my_time Wrote:(10-07-2013 12:32 PM)thegmanifesto Wrote:(10-07-2013 12:17 PM)It_is_my_time Wrote: Instead we got the most feminist liberal president in the history of the country. So our debt to GDP is probably beyond the point of no return.
Just so I follow, you are talking about that male cheerleader George Bush's second term here, correct?
Nah, Bush sucked, but he has been out of office almost 5 years.
I am talking about a president that...
Proudly claimed he was a feminist.
Who ran on the premise that women make less than men for the very same job and the very same work.
Who ran a campaign of stopping the "war on women" while men are being crushed by this economy and the anti-male laws.
Who passed a 1,200 page healthcare bill that targets young and middle aged men and saves women even more money.
What a disaster for any true red pill male.
So do something productive about this "problem" if you're so convinced rather than complaining ad inifinitum on an anonymous forum. How many iterations do we need to hear about the POTUS being a "feminist?" You've said that a million times now. You are clearly failing in persuading anyone over to your pov so this is largely a rudderless exercise on your part. If you were able to accurately predict the future you wouldn't be on this forum to begin with. Why don't you run for office or launch a movement if you're so convinced about your beliefs? Not so easy, is it? Now you tell me what's "beta" or "red pill."
(10-07-2013 02:47 PM)Aliblahba Wrote: I'm beginning to think the gov't wants a system failure. Doing so will clean the slate. We have way too many people milking the system, and the only way to get the them off the dole is for the guv to literally run out of money. There's no way to know how much the taxpayer would save by cutting out most of the entitlement/foreign aid policies.
I can promise you though, when they start axing out payments to those that have paid into the system and earned it, those that didn't will run scared. Like the ones that came here to seek "refuge", will be begging the gov't for a one way ticket back to wherever they came from.
(10-07-2013 12:58 PM)Samseau Wrote: Not true. The average man gets clobbered during depressions/recessions. In particular during the Great Depression of the 1930's no one was making any money except for a lucky few.
(10-07-2013 03:03 PM)thedude3737 Wrote:(10-07-2013 12:58 PM)Samseau Wrote: Not true. The average man gets clobbered during depressions/recessions. In particular during the Great Depression of the 1930's no one was making any money except for a lucky few.
Right but I'm not talking about being the average man.
The only reason the USA got out of the Great Depression was being the victor of WW2; otherwise the USA would have remained the dump it was during the 1930's.
The truth about America's prosperity isn't capitalism or New Deal policies, but instead a massive war that took us to prosperity.
I'd try posting some stats on this subject but all the government sites are shut down right now so I cannot look anything up.
(10-07-2013 04:56 PM)The Texas Prophet Wrote: Either way, right now would be a good time to stock up on guns and ammo.
(10-07-2013 05:09 PM)thedude3737 Wrote:(10-07-2013 04:56 PM)The Texas Prophet Wrote: Either way, right now would be a good time to stock up on guns and ammo.
For what? Genuine question.
Do you really think "the bad guy" is coming to your front porch?
Do you own a grocery store that you want to protect?
Do you plan on looting a grocery store and take everyone else out?
![[Image: 179516.jpg]](http://www.strangevacations.com/images/content/179516.jpg)
(10-07-2013 05:09 PM)thedude3737 Wrote:(10-07-2013 04:56 PM)The Texas Prophet Wrote: Either way, right now would be a good time to stock up on guns and ammo.
For what? Genuine question.
Do you really think "the bad guy" is coming to your front porch?
Do you own a grocery store that you want to protect?
Do you plan on looting a grocery store and take everyone else out?
(12-19-2013 11:42 PM)JayJuanGee Wrote: Surely they pay more taxes than the poor (b/c the poor do NOT have much if anything to pay), but they pay far less than their fair share… and the poor need most of their income to survive... the rich can afford to pay higher taxes, b/c their income and their wealth already allow for them to live cushy lives. Also, many times they have the ability to pay high falutent accountants and attorneys to figure out ways to minimize their tax burden.
In essence, they are leeches that are taking disproportionately than they should.