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Blake
| | Posted on Thursday, June 23, 2011 - 04:00 pm: | 
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>>> the banks turned around and created all kinds of haywire schemes to repackage and resell this known bad debt back and forth.
Actually it was the government that created the means for that, Fannie Mae and Freddie Mac (FM&FM). And they were allowed to back the whole scheme without adequate capital. when the Bush admin pushed to mandate a higher percentage of capital to back all the loan guarantees of FM&FM, the Dems screamed bloody murder, racism, and every other miserable accusation they could think of.
It is one of the most corrupt cases in government banking history, but they were buddies with the lawmakers and powerful politicians. They skated. Jamie Gorlick is even being groomed for ever more powerful government positions. That woman is the ruin of everything she touches.
Since when to wealthy Americans spend most of their money overseas or not spend it at all?  I'd be questioning some of what your textbook says there Ed. The whole "income disparity" can be manipulated via statistics quite easily, using averages rather than actual incomes. What did Mr. Carnegie earn in a year at his peak? |
Fahren
| | Posted on Thursday, June 23, 2011 - 04:04 pm: |
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I'm really not sure. Right now, and for a long time already, IMHO, there has been a lot of kicking the can down the road by a series of our fearless leaders, none of whom want to be in the oval office when TSHTF.
Maybe Cityx has some seating space on his Russian porch for all of us, if we chip in for vodka money? |
Scooter808484
| | Posted on Thursday, June 23, 2011 - 04:08 pm: |
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screamed bloody murder, racism, and every other miserable accusation they could think of.
That is the problem IMO. That's all any of our leaders do anymore. There appears to be no way any of our leaders are going to compromise and work for the better of the nation. (I'm talking about both sides, one side screams bloody murder just as much as the other.)
The blank check the progressives want to write is unsustainable. The no taxes under any circumstances of the conservatives is unsustainable. Somehow we've got to quit posturing for MSNBC and Fox and come to terms with how to deal with the problem. The solution lies somewhere in between.
As Court often says, "We deserve better leaders." |
Boogiman1981
| | Posted on Thursday, June 23, 2011 - 04:10 pm: |
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The corruption is on all sides. No one help an actual gun to anyone's head that we know of... free will is something that we all have. sure we create choice limiting circumstances there is still a choice.
until the little guy(us) actually get together and organize this will not change. a bunch of talking heads spouting off spun infotainment does nothing. actual citizens must act. hopefully in a peaceable manor. |
Cityxslicker
| | Posted on Thursday, June 23, 2011 - 04:21 pm: |
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Ukrainian  and the best vodka is a home brew samagon.... I have grand pappy's still set up diagrams, I doubt they have seen anything like the sour mash p-pit in back woods Mykolaev it converts to potatoes easy enough.
good vodka leaves a crisp bite
Great vodka is colorless, odorless, tasteless and hits you with a sledge hammer that you never saw coming.
Your cycle for economy waffleing is a trough that is 7-10 years, the EARLIEST it turns out is 2012 - adjusted back for inflation, loss of productivity, and hedged bets NOTHING happens before the election (NO MATTER WHO RUNS, WHO WINS) And if they reissue the currency - the recession, inflation, decapitalization continues... 2016 should be a VERY wild ride.
that stink from the swamp is the beginnings of 'it cant happen here' back speak.
Watch 'Resilience' very closely. |
Hootowl
| | Posted on Thursday, June 23, 2011 - 04:22 pm: |
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I know of no prominent conservative politician calling for no taxes whatsoever. All I see are desperate pleas to stop the hemorrhaging and the left wanting to take more blood from me to let the economy continue to bleed. |
Sifo
| | Posted on Thursday, June 23, 2011 - 04:38 pm: |
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Mtjm, Really sorry to hear that. it sounds as if you had a problem with a private, free-market capitalist, not with the government, though.
No doubt true that this was done by a capitalist. If they had been able to see what was coming I doubt they would have give a big portion of their salaries to continue it know that they are going to be screwed for their efforts.
Social programs are leading us as an entire country right down that same unsustainable path. There are more examples of countries doing this to their people than I can begin to list. We can see it happening as we speak and people think that the wealthy should willingly give up their wealth to enable this corruption just a little bit longer? Are you freaking kidding me? There might be a hope of that happening if there were signs that a leader was going to change that, but there is no sign of that. In fact we are doubling down on the government waste right now.
I agree that this should be more than a red vs. blue discussion. The reality is that when you walk into the voting booth you pretty much have a red vs. blue choice. Sadly, right now that means the difference of going broke on Tuesday or Thursday.
The solution lies somewhere in between.
Great! Somewhere in between has us going broke on Wednesday. Many of us don't feel that a compromise somewhere in the middle is going to fix anything. That IMO is why the Tea Party has gained so much traction. Cityxslicker is dead on right that we are headed for a big crash in the not very distant future. Those with wealth will do what they can to protect themselves. I'm starting to examine my options. I'm just not sure that I'm far enough ahead of the curve or wealthy enough to come out in reasonable shape. One thing is for sure though, I sure as hell don't plan on giving my wealth away to the government for them to piss it away right in front of my eyes.
One other thing that is almost a certain outcome is that blood will flow. History has seen this many times over, there's little reason to believe that this time will be an exception. |
Mtjm2
| | Posted on Thursday, June 23, 2011 - 04:39 pm: |
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This election cycle will cost the most ever . Obahma will rase a BILLION $$$ to stay where he is . The LIBS who spout there for the little guy will give him the money and the little guy , all the minoritys combined whos existance depends on the Fed will bring him back. That being said , NO RINO or conservative will tell the F**KN truth because they now that will end there carere . |
Scooter808484
| | Posted on Thursday, June 23, 2011 - 06:07 pm: |
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I drive by dozens of folks with Tea Party signs on my way to work everyday. Right beside their Taxed Enough Already signs are sign urging some increased tax for some local initiative that would directly benefit them. Most of them are just like everybody else, out for themselves.
Then one of my friends goes on and on about federal gov't spending. The funny thing is, his email address ends in .gov. |
Pkforbes87
| | Posted on Thursday, June 23, 2011 - 06:14 pm: |
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"Then one of my friends goes on and on about federal gov't spending. The funny thing is, his email address ends in .gov."
I complain about the government spending too much money, and my email address ends in .mil 
Karma has caught up with me though. I'm weeks away from my final denial of reenlistment. (the military equivalent of being laid off)  |
Sifo
| | Posted on Thursday, June 23, 2011 - 08:03 pm: |
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I drive by dozens of folks with Tea Party signs on my way to work everyday. Right beside their Taxed Enough Already signs are sign urging some increased tax for some local initiative that would directly benefit them. Most of them are just like everybody else, out for themselves.
That seems consistent with Tea Party values. Less federal involvement, take care of things on a local level. I'd be curious about the details. |
Blake
| | Posted on Friday, June 24, 2011 - 01:58 pm: |
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>>> I'm talking about both sides, one side screams bloody murder just as much as the other.
Like I before, you always hear that type of dismissal when the Progressives are behaving poorly. I don't see it anywhere near so much on the conservative side. |
Mtjm2
| | Posted on Friday, June 24, 2011 - 02:21 pm: |
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Sifo , Hows that FED border control working ? So much could be handled on the local level . but the FED will suew if they dont get there cut . The federal income tax was started as temporary , try not paying it now . |
Sifo
| | Posted on Friday, June 24, 2011 - 02:52 pm: |
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The borders SUCK! Why? This is another area where one party seems to want it to flow like a fire hose and the other a garden hose. Securing the borders, again, is among the few mandates in the Constitution. Clearly we are doing a very poor job of it, wouldn't you agree.
I've been wondering if there's anyway that either a citizen or a state could file a lawsuit against the feds for not upholding the mandates of the constitution.
I'm not so concerned about the income tax thing. Taxation is necessary at some level. I think we are way over taxed, but that can be done with any type of tax. Most tax schemes can also be done pretty fairly if they want to. There's pluses and minuses to every tax scheme. I would be open to discussion of a different scheme, but I'm more concerned about the effective tax rate. |
Mtjm2
| | Posted on Friday, June 24, 2011 - 03:34 pm: |
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OK Sifo , we agree on the borders . The FED is sewing the border states for acting on thier own behalf . The FED is sewing BOEING becouse it wants to move. Thank you UNIONS .A nother protected minority .It comes down to polatitions making way to much money , I dont care if it Nancy Palosi or Nuewt , there all over paid. Al they do is make more laws to protect themselves and there parties |
Cityxslicker
| | Posted on Friday, June 24, 2011 - 06:14 pm: |
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if they did not make new laws... you would see how little they actually do.
(hell they dont even read the ones that are cobbled before them, it is like a Rhotti at chow time!) |
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