In response to, CNN POLL IS COMPLETE & UTTER BULLSHIT « The Burning Platform
I saw the poll and there’s a +- 4.5% margin of error, so it really shows the moderate Romney in a tie with a candidate only getting a split conservative vote. After Tue, that conservative vote will be less divided, and TPTB are going to have to pull a rabbit out of their arse to stop Paul, or present a more viable conservative candidate.
They REALLY don’t want Paul, but it’s simple, either nominate Paul, or split the conservative vote and re-elect Obama.
Be careful what you pray for, all hell will break loose if/when Paul gets the election, and God help him if he wins. That’s when the battle with the entrenched special interests begins. The longer we put off reform, the longer we delay any hope for an economic recovery.
Lower taxes and lower spending is the ONLY way to an improved economy. Anyone who thinks otherwise can pull out a checkbook and pay for $203T in unfunded entitlements. They can’t, there’s no way, and thus reform is the ONLY way. We can implement reform orderly, or chaotically, but either way, it’s going to happen. I would rather a reformer be in the White House when it happens. The hell with the bureaucrats and special interests in Washington. Carter was the last president to take them own. Reagan just rolled over and each succeeding president has been progressively worse.
God help us in this time of trial and tribulation.
Thursday, December 29, 2011
Friday, December 23, 2011
Ron Paul's flaming decent begins - Survivalist Forum
In repsonse to, Ron Paul's flaming decent begins - Survivalist Forum
My uber liberal racist friend said it makes him want to vote for Paul. He even accepted a ride with me sporting a new Ron Paul bumper sticker.
The federal bureaucracy will pull out all the stops not to elect Paul. Carter was the last president to take them own, then we got the devil incarnate in Ronald Reagan, and increasingly worse presidents to the present.
Thursday, December 22, 2011
GREED « The Burning Platform
In response to, GREED « The Burning Platform
My response to http://endthelie.com/2011/12/22/the-one-percent-whines-no-one-loves-us
"How productive are the 1/10 of 1 percent, for whom the 1% work? I would like Mr. Allison to admit he was never in it for the little guy, he was all about his position, power, and making $$ for the majority shareholders, the super rich.
What a total crock, for these guys to start whining about public perception.
On the other hand, why is Bloomberg, still owned by Michael Bloomberg, a billionaire, going after the Fed, and now this? Is he attempting to exploit class warfare in preparation for a new global currency?"
The New World Order that Bloomberg and the super rich are creating is just an electronic form of feudalism, which never really went away. Liberalism ultimately countered feudalism. Globalism may be a little tougher nut to crack.
As an aside, my Ron Paul bumber sticker went on the POV this morning, to a mostly appreciative reception on the commute to work. Even if elected RP will have his work cut out, restoring a constitutional government as a separate but equal branch of a government accustomed to using the bill of rights as toilet paper.
My response to http://endthelie.com/2011/12/22/the-one-percent-whines-no-one-loves-us
"How productive are the 1/10 of 1 percent, for whom the 1% work? I would like Mr. Allison to admit he was never in it for the little guy, he was all about his position, power, and making $$ for the majority shareholders, the super rich.
What a total crock, for these guys to start whining about public perception.
On the other hand, why is Bloomberg, still owned by Michael Bloomberg, a billionaire, going after the Fed, and now this? Is he attempting to exploit class warfare in preparation for a new global currency?"
The New World Order that Bloomberg and the super rich are creating is just an electronic form of feudalism, which never really went away. Liberalism ultimately countered feudalism. Globalism may be a little tougher nut to crack.
As an aside, my Ron Paul bumber sticker went on the POV this morning, to a mostly appreciative reception on the commute to work. Even if elected RP will have his work cut out, restoring a constitutional government as a separate but equal branch of a government accustomed to using the bill of rights as toilet paper.
Tuesday, December 20, 2011
BOOMERS EATING FROSTED FLAKES FOR DINNER, CAN ALPO BE FAR BEHIND? « The Burning Platform
In response to ,BOOMERS EATING FROSTED FLAKES FOR DINNER, CAN ALPO BE FAR BEHIND? « The Burning Platform
Yeah, that’s before you throw in all the cosmic BS with the Mayans. You really have to hand it to the Devil, he’s no dumb ass. There’s likely no disagreement on this forum that the world is being duped by a global conspiracy of Trilateralists, but I don’t know how many understand that not only is the conspiracy real, but the chief conspirator is the Devil. I would expect that while all may agree the conspiracy exists, the delineation of those who believe as I do, that Satan and the Devil are behind it all, falls principally along the same lines as those who profess to be Christian.
While It really doesn’t matter what you believe, it’s going down anyway. The difference is what one perceives is the answer to the world’s problems.
Monday, December 19, 2011
Incredible Arrogance of President - Survivalist Forum
In response to, Incredible Arrogance of President - Survivalist Forum
No difference between Repubs and Dems in this one, except Ron Paul. We would be right where we are today even if McCain had won. He's a CFR globalist, and wouldn't even be considering taxing the rich. Income and wealth disparity is what got us here, and unless and until that changes, nothing else will.
No difference between Repubs and Dems in this one, except Ron Paul. We would be right where we are today even if McCain had won. He's a CFR globalist, and wouldn't even be considering taxing the rich. Income and wealth disparity is what got us here, and unless and until that changes, nothing else will.
Saturday, December 17, 2011
BRANDON SMITH ON SURVIVAL PREPARATION « The Burning Platform
In response to: BRANDON SMITH ON SURVIVAL PREPARATION « The Burning Platform
I haven't heard .223 mentioned as a standard round. Even my hunting rifle is a smaller caliber than .30/7.62.
Water, food, self defense, shelter and clothing, these things will be in short supply. Preppers will actually help keep things more calm than otherwise in a collapse, because the criminal element will be at a disadvantage against a well armed citizen able to defend their families.
The real threat is organized gangs and the federal government. It may be hard to tell the difference in a collapse. Hopefully, organizations like Oath Keepers will keep the military in check.
When they come for me, I'm going to make it hell for them. I'm not going to a detention center, and if internet censorship happens, an internet kill switch, cell service jamming, etc, I already know everything I need to know to fight back. There's hundreds of thousands of former military, hunters, and preppers, maybe millions who will stand between the feds and an authoritarian police state. Bring it on bitches. We'll settle our grievances politically and lawfully. America is not a battle field, unless our government goes rogue and makes it one.
I haven't heard .223 mentioned as a standard round. Even my hunting rifle is a smaller caliber than .30/7.62.
Water, food, self defense, shelter and clothing, these things will be in short supply. Preppers will actually help keep things more calm than otherwise in a collapse, because the criminal element will be at a disadvantage against a well armed citizen able to defend their families.
The real threat is organized gangs and the federal government. It may be hard to tell the difference in a collapse. Hopefully, organizations like Oath Keepers will keep the military in check.
When they come for me, I'm going to make it hell for them. I'm not going to a detention center, and if internet censorship happens, an internet kill switch, cell service jamming, etc, I already know everything I need to know to fight back. There's hundreds of thousands of former military, hunters, and preppers, maybe millions who will stand between the feds and an authoritarian police state. Bring it on bitches. We'll settle our grievances politically and lawfully. America is not a battle field, unless our government goes rogue and makes it one.
Ron Paul And The Coming Great Depression - Survivalist Forum
In response to, Ron Paul And The Coming Great Depression - Survivalist Forum
The rats are in full panic mode, including Krugman, who has no credibility.
The rest of the world, especially Russia and China aren't going to capitulate to the US federal government, and the only way the US gets out of spending into oblivion is world domination in which they control everything. Since that isn't likely to happen, war is the most likely thing to happen.
So, Trent has a choice, reign in federal spending and the federal government, or risk world war. He's says by doing so we risk a depression, which the good LadyFenix aptly points out we're already in, it's just the near boiling frogs haven't gotten it yet. One could argue, risking depression is better than risking war.
Trent, which are you for, settling things by warfare, or settling them politically and economically? The socialist welfare state is dying. How do you propose we fix it?
Do yourself a favor and don't listen to Krugman, he's an idiot.
The rats are in full panic mode, including Krugman, who has no credibility.
The rest of the world, especially Russia and China aren't going to capitulate to the US federal government, and the only way the US gets out of spending into oblivion is world domination in which they control everything. Since that isn't likely to happen, war is the most likely thing to happen.
So, Trent has a choice, reign in federal spending and the federal government, or risk world war. He's says by doing so we risk a depression, which the good LadyFenix aptly points out we're already in, it's just the near boiling frogs haven't gotten it yet. One could argue, risking depression is better than risking war.
Trent, which are you for, settling things by warfare, or settling them politically and economically? The socialist welfare state is dying. How do you propose we fix it?
Do yourself a favor and don't listen to Krugman, he's an idiot.
Thursday, December 15, 2011
Top 1 percent of tax returns paid 36.7 percent of federal individual income tax - Shooting Sports Forum
In reponse to: Top 1 percent of tax returns paid 36.7 percent of federal individual income tax - Shooting Sports Forum
The effective tax rate of the 1P is historically low, around 18%, as shown here, http://paul.kedrosky.com/archives/2011/12/us-tax-rates-in-three-graphs-not-boring-really.html
That's not even bringing into account the negligible taxes that US corporations pay. What did the middle class get for all those tax breaks?
The constitutional role of government is two fold, provide for the common defense and promote the general welfare (weal = wealth).
It's not that the 1% aren't paying taxes, they are. It's corporations that aren't because they bought off the Congress. Follow the money, there's the source of income disparity in the US, tax free corporate profits. When it all funnels to the 1%, that's what you get.
The effective tax rate of the 1P is historically low, around 18%, as shown here, http://paul.kedrosky.com/archives/2011/12/us-tax-rates-in-three-graphs-not-boring-really.html
That's not even bringing into account the negligible taxes that US corporations pay. What did the middle class get for all those tax breaks?
The constitutional role of government is two fold, provide for the common defense and promote the general welfare (weal = wealth).
It's not that the 1% aren't paying taxes, they are. It's corporations that aren't because they bought off the Congress. Follow the money, there's the source of income disparity in the US, tax free corporate profits. When it all funnels to the 1%, that's what you get.
Top 1 percent of tax returns paid 36.7 percent of federal individual income tax - Shooting Sports Forum
In response to: Top 1 percent of tax returns paid 36.7 percent of federal individual income tax - Shooting Sports Forum
You're right, small business is the backbone of the economy. But, corporations are a legal entity, and where they were paying roughly half of the tax burden in 1980, they're now paying about 5%, without any corresponding cuts in spending. Where did the money go? Right into the pockets of the 1/10 of 1% of households, and the 1% they support.
Here's an article on individual taxes, http://paul.kedrosky.com/archives/2011/12/us-tax-rates-in-three-graphs-not-boring-really.html
So, while the middle class has had stagnant wages since the 70's, the top tiers have been doing quite well, thank you. The only problem it the party was thrown using borrowed money, and now the bills are coming due.
Retail in the US may as well have a "going out of business sale" in January. Then comes the commercial leg of the real estate bust. And another round of TBTF bailouts from the Fed. It might work, but I'm not counting on it.
Wednesday, December 14, 2011
Shades of patriotism - Letters - NewsObserver.com
In response to: Shades of patriotism - Letters - NewsObserver.com
Ahh, so you weren't hypocritically target Obama detractors, fine. And you consider socialism repugnant, good, because it doesn't work. Entitlements, however, refer to lots of things that 1) aren't means tested, like SS, or 2) are purely socialist, like medicare, remember, doesn't work, or 3) federal retirement, and now 4) rents imposed as interest on the national debt.
I have no problem with social programs, so long as money isn't borrowed to pay for it. We've worked ourselves into a corner from which there is no escape, except by God.
If you somehow think everything is rosy, and it's going to be all right, then tell me where $202T is going to come from. Right now, the Fed is trying to inflate it away. Without taking a hard look ar it, I can tell you It's going to take significantly more than that.
And before you think you can ignore it and it will go away, when the US Govt fails to meet it's obligations, SS checks will stop. Tell that to anyone receiving an SS check and they will turn either white or red, dependent upon whether they depend on that check to eat.
Folks, we have a real problem on our hands. When raising taxes and cutting spending aren't enough, you're down to entitlement reform. I suggest we start with the retirement benefits the US Congress has voted for itself.
Ahh, so you weren't hypocritically target Obama detractors, fine. And you consider socialism repugnant, good, because it doesn't work. Entitlements, however, refer to lots of things that 1) aren't means tested, like SS, or 2) are purely socialist, like medicare, remember, doesn't work, or 3) federal retirement, and now 4) rents imposed as interest on the national debt.
I have no problem with social programs, so long as money isn't borrowed to pay for it. We've worked ourselves into a corner from which there is no escape, except by God.
If you somehow think everything is rosy, and it's going to be all right, then tell me where $202T is going to come from. Right now, the Fed is trying to inflate it away. Without taking a hard look ar it, I can tell you It's going to take significantly more than that.
And before you think you can ignore it and it will go away, when the US Govt fails to meet it's obligations, SS checks will stop. Tell that to anyone receiving an SS check and they will turn either white or red, dependent upon whether they depend on that check to eat.
Folks, we have a real problem on our hands. When raising taxes and cutting spending aren't enough, you're down to entitlement reform. I suggest we start with the retirement benefits the US Congress has voted for itself.
Tuesday, December 13, 2011
Top 1 percent of tax returns paid 36.7 percent of federal individual income tax - Shooting Sports Forum
In response to, Top 1 percent of tax returns paid 36.7 percent of federal individual income tax - Shooting Sports Forum
Newsflash!! Our economy is already on life support, crowded out by federal spending. If, as you say, everything will be just fine if we just lower taxes, costs, and energy. However, soveriegn debt soon slaps you back into reality, as it is in Europe.
The US doesn't owe $15T, it owes anywere from $153T to $202T, depending on whose numbers you use.
Just write a check for $202T, and everything will be cool. You can't, no one can, and there's the rub, something has to give.
Will it be world war and totalitarian police state, or do we unwind Methusala, the beast we allowed the feds to become?
I vote for unwinding the federal govt, individual freedom, and I will vote for RP in the primaries.
Respectfully, cutting taxes doesn't cut it. Reagan tried it and here we are. Spending must be cut, but not before two decades of anti US jobs policy is reversed. Unemployment in the US is 20%, why? Hmm, could it be corporations don't want to share record breaking profits, which by the way, have been heavily subsidized either directly or indirectly but little or no tax obligation?
Again, to whom does the benefit accrue? It's the top 1/10 of 1% who support the top 1%, and that's it. Are there exceptions, yes, but that's the rule.
When raising taxes and cutting spending aren't enough, you're down to entitlement reform, and I suggest we start with the retirement benefits the US Congress has voted for themselves.
Newsflash!! Our economy is already on life support, crowded out by federal spending. If, as you say, everything will be just fine if we just lower taxes, costs, and energy. However, soveriegn debt soon slaps you back into reality, as it is in Europe.
The US doesn't owe $15T, it owes anywere from $153T to $202T, depending on whose numbers you use.
Just write a check for $202T, and everything will be cool. You can't, no one can, and there's the rub, something has to give.
Will it be world war and totalitarian police state, or do we unwind Methusala, the beast we allowed the feds to become?
I vote for unwinding the federal govt, individual freedom, and I will vote for RP in the primaries.
Respectfully, cutting taxes doesn't cut it. Reagan tried it and here we are. Spending must be cut, but not before two decades of anti US jobs policy is reversed. Unemployment in the US is 20%, why? Hmm, could it be corporations don't want to share record breaking profits, which by the way, have been heavily subsidized either directly or indirectly but little or no tax obligation?
Again, to whom does the benefit accrue? It's the top 1/10 of 1% who support the top 1%, and that's it. Are there exceptions, yes, but that's the rule.
When raising taxes and cutting spending aren't enough, you're down to entitlement reform, and I suggest we start with the retirement benefits the US Congress has voted for themselves.
Top 1 percent of tax returns paid 36.7 percent of federal individual income tax - Shooting Sports Forum
Responses to:
Top 1 percent of tax returns paid 36.7 percent of federal individual income tax - Shooting Sports Forum
WOW, are you guys living in La La Land.
Top 1 percent of tax returns paid 36.7 percent of federal individual income tax - Shooting Sports Forum
WOW, are you guys living in La La Land.
Let's review, in 1980, corporations were paying roughly half of the tax burden, individuals the other half. Beginning in the 1980's, corporations successfully lobbied to have their tax burden reduced, without any corresponding cuts in spending, thereby causing the exponential increase in deficits we continue to see.
I don't advocate raising taxes, we need tax reform to lower taxes for all, and cut federal spending, which by the way, has crowded out private investment, so your "free market" sentiment doesn't fly.
In fact, we should get rid of the illegal income tax altogether. I just think it's more likely we'll see a world war or totalitarian police state, or both.
No one is advocating a socialist welfare state, even though we're saddled with it for the next fifty years without a population event, like a pandemic or nuclear war. Aliens fit in there somewhere, except that's what the anti christ is going to claim when Christians rise to meet their savior, but that's another topic. We're witnessing the slow, painful death of the socialist welfare state, however, it would be a disaster to cut public spending before turning the tide of 20 years of anti US labor policies. If there aren't any jobs, then anarchy ensues, similar to the 1930's.
The crux of the argument is the wealth and income disparity in the US. At the turn of the century it was the industrialists, today it's the banksters. The welfare class, middle class, etc, etc are not at fault, it's Congress and the top one tenth of one percent, who support the top one percent who are becoming the enemy, not the welfare class.
We give a man a fish, instead of teaching him to fish, then take the fish away without teaching him to fish. We're saddled with a socialist welfare state for the next 50 years, with boomers retiring, etc. That is, unless some population event occurs or Jesus Chris returns first.
Whether Dirty Harry's point is the standard living of the supposed poor in this country, or the fact that corporations pay little or no taxes in this country since they successively lobbied Congress to lower their tax burden beginning the 1980's, the simple fact of the matter is to get people off welfare, some opportunity must be provided. If you're not willing to roll up your sleeves, you really have no business whining, bitching, or complaining about it.
The same for the unemployed, where is the opportunity. Isn't this supposed to be THE land of opportunity?
The top one percent own eighty percent of stocks in companies that pay little or no taxes as previously described, enjoy fifty percent of capital gains, and are supported by the top one-tenth of one percent.
Again, the issue is income and wealth disparity. How we solve it can put people to work. Yet, our Congress is more interesting in serving the one percent.
It's going to get ugly when fiscal responsibility meets the FSA.
Here's an article about taxes on the rich being historically low, not to mention corporations who pay little or no taxes, since the 1980's. Jeez, you guys need to get a life.
I'm not talking about someone like Adjustor who owns a small business. God bless you. I'm talking about a entity recognized legally as a person, that outlives individuals.
However, don't get me wrong, I'm against taxes. As a wage earner, I pay a disproportionate share of the tax burden. So, I considered that we should add Wealth and VAT taxes to spread the tax burden across the spectrum of economic activity. Then I saw this would give the government a hook to steal everything and realized the right answer was to repeal the income tax. Unless and until that happens, corporations and the rich should damn well pay their fair share. Perhaps the rich already are, but corps aren't, and the fact they aren't is why we have astronomical deficits in the first place, among other reasons, chiefly a profligate US Congress. Hang'em all! But until then, WAKE UP! Corporations ARE the REAL enemy, and their stooges in Congress. ****'em, then hang'em.
Sunday, December 11, 2011
Indicted financier raised millions - State - NewsObserver.com
There appears to be a pattern between political campaign financing and crime. Abrams, Corzine and now ties to the current and former NC Governors. Perhaps a little campaign finance reform is in order.
That is, of course, if our society survives until the November 2012 elections. Even then, the writing is on the wall, when our socialist welfare crony capitalist nation can not meet it's obligations, the poor and elderly will be hit the hardest while politicians will continue to enjoy separate retirement and health care systems they voted for themselves.
We should nationalize pension and retirement funds, and put ALL on the SAME retirement (SS) and health care (Medicare). Maybe not, but either way, criminals are running this country and we're nearing the end game. China bailed out the Euro, again, but it's only a short term fix. The sovereign debt crisis is coming to a currency near you, perhaps sooner than anticipated, which would be an ironic twist of fate for those who caused it. Make no mistake, insiders are getting their funds out, and putting them into hard assets, while the music is still playing. Politicians and highly compensated civil servants are only interesting in maintaining status quo as long as possible, because when payment is due, we either collapse into a police state or we reorganize everyone's pensions, or both.
Monday, December 5, 2011
NC Rep. Tim Spear won't seek re-election in 2012 - Politics - NewsObserver.com
The N&O should be ashamed of their political back biting and participation in the culture of corruption that has permeated our state and country.
Unfortunately, we're all in the same boat economically, but the failed old ideas of the past aren't going to help. The socialist welfare state is dead. It remains to be seen what rises from the ashes. It could well be an anti christ.
NC Rep. Tim Spear won't seek re-election in 2012 - Politics - NewsObserver.com
Friday, December 2, 2011
Prison Planet.com » Years of social unrest on the horizon if economies fall like dominoes
It would appear as though the US is still drunk with pursuing profits gained by the exploitation of cheap labor overseas, and it's military might. Who needs jobs?
As it turns out, everyone who isn't on the public spending gravy train, yet public sector spending has literally replaced private investment, which is what creates jobs.
It won't be until after the 2012 presidential elections until anything is done, and precious little after that, as the ruling powers like things just the way they are, and have little or no incentive to change, except to mobilize a police state to protect it.
Thursday, December 1, 2011
CENTRAL BANKS IN LAST DITCH DESPERATE MOVE TO SAVE BANKERS AND SCREW YOU AGAIN « The Burning Platform
There is the possibility of world war, even nuclear. This serves two purposes, depopulation and return to status quo. After all, that's what we're talking about with all the debt, it's debt owed by socialist nations, including the US.
The Devil and his minion would clearly see this as the most opportune action, get rid of as many souls as possible, and reset the system.
With a lot fewer people in the world, things would pretty much return to where they were, and governments would resume their role of nanny states, with the Devil continuing his role of killing God's Word in people's lives.
The Devil's time is short, we are told in Revelation 12:12, where it also states there is a battle raging in heaven between the Michael and his Angels and the dragon and his angels. This would be right before the appearance of the anti christ, and the beginning of the tribulation and events leading up to Armegeddon and Judgement Day. Revelation talks of Satan being cast in a pit for a thousand years before Armegeddon, so it's hard to tell where we are in the order of events.
In this context, the saints are admonished more than once,
Here is a call for the endurance of the saints, those who keep the commandments of God and their faith in Jesus.
Nothing to do for the moment except remain vigilante, assuming of course you've got basic prepping done. If not, I highly encourage you to store several weeks or months worth of food you use every day. There's powdered or dehydrated versions of perishable goods. You also need guns and ammunition, water filtration, sanitation, all of the things yo take for granted. If there's no food to had anywhere, it's going to get ugly real fast. Katrina in 2005 and LA in 1992 are your best examples of what to expect.
One may say these are extreme measures, or even paranoid, but these are extreme times. It's not paranoia if there really is an enemy who is trying to kill you. The conspiracy exists, and the chief conspirator is Satan and the Devil.
IT’S GOOD TO BE THE 0.1% « The Burning Platform
Not only was there a cut in the corporate tax rate, but there was no corresponding cut in spending, sending the deficit skyrocketing on an upward trajectory which has only sped up since Reagan.
Corporations pay only 5% of the tax burden today, compared to 50% before Reagan took office.
As companies made more money due to borrowed federal dollars, they paid less in taxes, and who benefited? The one percent made up of corporate executives who saw their total compensation increase by 300% over the past two decades and the 1/10 of 1% who earn 50 percent of capital gains.
While the middle class saw there wages stagnate between 1970 and 2010. All of that tax reduction and corresponding deficit spending accrued to the top 1 percent. Effectively, the US Govt borrowed money, gave it to the rich and bought the votes of the FSA.
It sucks to be citizen of the world these days, that is, if your intention is to work and provide for your family. Unemployment is at near records highs, it could go to 50%, the number of families receiving food assistance and living near or below the poverty line is rising. Families are living in their cars. Is this all by choice? I don’t think so.
The Tea Party and OWS are protesting the same injustice, wealth and income disparity. How to fight and win is the difficult thing to figure. Trust in God is the key, and for now, I’m watching and waiting.
We would have been better off without bailouts and stimulus. Neither has created jobs. A eurozone collapse would bring China and western economies down with it, albeit only temporarily. Derivatives exposure is supposedly 100 times greater than in 2008, but bailing out the Euro is equivalent to the 2008 bailout of US Banks. It didn’t work, 3 years later the banks are still broke. It can’t and won’t work for Europe. What it will accomplish is a bankster takeover in Europe similar to what happened in Mexico. Their sights will then be firmly on the US. It didn’t work in 2008, it won’t work in 2011, and i’ll be damned if I’m going to give up my soveriegnty to a squiggly bankster named Blankfien, not in this lifetime. Police states are easy to deal with, at least then you know who is the enemy. Banks showing up at your house with a foreclosure notice, accompanied by a sheriff bought and paid for, is a little tougher to deal with.
The big reset needs to start in Europe.
IT’S GOOD TO BE THE 0.1% « The Burning Platform
Tuesday, November 29, 2011
REVERSION TO THE MEAN IS A BITCH
It's possible, however unlikely, the US may pull off the biggest fraud in history and become rulers of the world. The only thing standing in the way is capitulation by the whole world, including Russia and China.
Central bankers are in the process of taking over Europe. Greece has become the model by which sovereign debt is institutionalized across the western world, where financiers own the means of production and everyone else is a wage slave. This is the result of wealth accumulation in the top 1/10 of 1 percent of households.
The US budget deficit is a ponzi scheme, where more debt is issued to pay off existing debt. If the only way to save the Euro is to issue Euro bonds, then the Euro embarks on the same scheme. How many $T are needed? How far can the money supply expand before it becomes worthless. The people of PIIGS countries aren't too thrilled with austerity, US citizens would starve under austerity. The jobs it seems, have all gone to Asia, where workers work for slave wages. Another reversion to the mean is in order for the US labor market, not exactly propping up asset prices, except those being accumulated by the top 1 percent.
US Congress has been bought off, corporate executives have all been bought off. Wall Street has been doing the buying, but they're shills for the enormous family fortunes of the world, the billionaires. Why should the rest of the world live and work as their slaves?
REVERSION TO THE MEAN IS A BITCH
Central bankers are in the process of taking over Europe. Greece has become the model by which sovereign debt is institutionalized across the western world, where financiers own the means of production and everyone else is a wage slave. This is the result of wealth accumulation in the top 1/10 of 1 percent of households.
The US budget deficit is a ponzi scheme, where more debt is issued to pay off existing debt. If the only way to save the Euro is to issue Euro bonds, then the Euro embarks on the same scheme. How many $T are needed? How far can the money supply expand before it becomes worthless. The people of PIIGS countries aren't too thrilled with austerity, US citizens would starve under austerity. The jobs it seems, have all gone to Asia, where workers work for slave wages. Another reversion to the mean is in order for the US labor market, not exactly propping up asset prices, except those being accumulated by the top 1 percent.
US Congress has been bought off, corporate executives have all been bought off. Wall Street has been doing the buying, but they're shills for the enormous family fortunes of the world, the billionaires. Why should the rest of the world live and work as their slaves?
REVERSION TO THE MEAN IS A BITCH
Thursday, November 24, 2011
The real cause of the federal deficit « The Progressive Pulse
While I don't disagree with either Baker or David, the headline is misleading. The “real” cause of the exponentially increasing debt was brought about under Reagan, when corporations, which were paying an equal amount of the tax burden, began successfully lobbying Congress to reduce their tax burden to about 5% of individual taxes, without corresponding cuts in spending.
Reforming health care is commendable, reforming the tax code and instituting pro jobs legislation are paramount.
The real cause of the federal deficit « The Progressive Pulse
Reforming health care is commendable, reforming the tax code and instituting pro jobs legislation are paramount.
The real cause of the federal deficit « The Progressive Pulse
Thursday, November 17, 2011
NC gov, GOP at odds over severance significance
All except Paul. He's the only one with a message that both parties should embrace. They won't, so endless inflation is our future. No one will be able to afford anything, including basic necessities. It's time to throw the federalistas out of office, and return government to the people. Unless you like the way the country is being run. If you do, get out your checkbook, the bill that is due is $202 T, including unfunded federal liabilities. As bad as things are, they're worse for the rest of the world. It's time for the US to take a leadership role against the banksters.
If you think otherwise, you're entitled to you're opinion, but you're being fooled. The Tea Party and OWS are indications neither the left nor the right are happy with being shafted by powerful interests in Washington. We CAN win the protest, not on the street but at the ballot box by electing Ron Paul as an Independent Candidate for POTUS, unless you think the GOP will nominate him as their candidate. Yeah, right! And Donald Duck is a cute cartoon character with a beak. Yeah, they might, but if they don't, this isn't over. Neither are the Tea Party or OWS protests.
Wake up, people! Both sides are being shafted by powerful interests in Washington, the seat of world power.
http://www.newsobserver.com/2011/11/16/1649094/nc-lawmakers-trade-accusations.html
If you think otherwise, you're entitled to you're opinion, but you're being fooled. The Tea Party and OWS are indications neither the left nor the right are happy with being shafted by powerful interests in Washington. We CAN win the protest, not on the street but at the ballot box by electing Ron Paul as an Independent Candidate for POTUS, unless you think the GOP will nominate him as their candidate. Yeah, right! And Donald Duck is a cute cartoon character with a beak. Yeah, they might, but if they don't, this isn't over. Neither are the Tea Party or OWS protests.
Wake up, people! Both sides are being shafted by powerful interests in Washington, the seat of world power.
http://www.newsobserver.com/2011/11/16/1649094/nc-lawmakers-trade-accusations.html
Monday, November 7, 2011
Disruptive Technology
If technology is the one thing most likely to change or improve on the near horizon, then it will be in the storage and processing of vast amounts of data. What is critical, as in all things, is how will that technology will be used, for good or evil, for the liberation and betterment of all men, or a tool for dominion over him.
The Tea Party protests and now Occupy Wall Street represent civil unrest over of a lack of control of their own destiny, with no prospect for change. With God, all things are possible, and in him is our salvation and the salvation of the whole world.
link
The Tea Party protests and now Occupy Wall Street represent civil unrest over of a lack of control of their own destiny, with no prospect for change. With God, all things are possible, and in him is our salvation and the salvation of the whole world.
link
Friday, November 4, 2011
Tea Party and OWS unite!!!
"So even if Keynesianism were the answer, it cannot work without the implementation of structural reforms to the financial system."
This is where the Tea Party and OWS agree, "structural reform". Break up the TBTF!!! Decentralize government!!! It's not too late, or maybe it is.
Greenspan Suggested Cutting Taxes on the Wealthy to Increase Debt so the Fed Wouldn't "Lose Control of Monetary Policy"
Wednesday, November 2, 2011
Occupy facts: Federal Reserve CAUSES unpayable debt, unemployment, inflation, high interest rates
The 99% can change the world. Tea party and OWS unite!
Occupy facts: Federal Reserve CAUSES unpayable debt, unemployment, inflation, high interest rates was originally published on Washington's Blog
Tuesday, October 25, 2011
BERNANKE’S PINK SLIP
I love it, "... you’ll wait until Europe or some other force breaks the camel’s back and then declare, like the housing bubble, no one could have seen this coming."
Of course, he's constrained by the status quo. I agree with another recent blog that stated the 1% is the government, with their unfunded retirement entitlements. They'll have to throw the other 99% under the bus.
BERNANKE’S PINK SLIP « The Burning Platform
Of course, he's constrained by the status quo. I agree with another recent blog that stated the 1% is the government, with their unfunded retirement entitlements. They'll have to throw the other 99% under the bus.
BERNANKE’S PINK SLIP « The Burning Platform
Thursday, October 20, 2011
Corruption in America meets the Light of Day
Today it appears the good guys are winning, two main financial stories involve BofA malfeasance being brought to light, from Reuters and Bloomberg, with commentary at Zero Hedge and Washington's Blog. There were a number of articles regarding the GAO report on the internal working on the Fed, one from Naked Capitalism which highlights the interconnection of those working at the Fed and banks receiving loans from the Fed. There were also articles outlining how Wall Street protestors should target the Fed and Bank of America over the transfer of derivative liabilities to the federally insured subsidiary from the non-insured entity.
Another article at Zero Hedge reports about the Massachusetts Supreme Court decision on Tuesday against the mortgage industry. It points out an interesting fact that 2/3 of all real estate transactions over the past five years were foreclosure related, the majority of those were cash deals. The article goes on the explain who is buying the property and how the middle class is being disenfranchised.
This ends one of two ways, in a society based upon individual freedom, or a police state based upon a totalitarian government. Until the fraud which caused the GFC of 2008 is prosecuted, and the TBTF elites are treated like the criminals they are, the protests on Wall Street and around the country, indeed, around the world, will continue. There are two many conflicts of interest, primarily in the US Congress for the current balance to be maintained. The federalists, central bankers, and globalists need to be thrown out of organized government, and held accountable for the ruin and destruction they've wrought world wide.
Another article at Zero Hedge reports about the Massachusetts Supreme Court decision on Tuesday against the mortgage industry. It points out an interesting fact that 2/3 of all real estate transactions over the past five years were foreclosure related, the majority of those were cash deals. The article goes on the explain who is buying the property and how the middle class is being disenfranchised.
This ends one of two ways, in a society based upon individual freedom, or a police state based upon a totalitarian government. Until the fraud which caused the GFC of 2008 is prosecuted, and the TBTF elites are treated like the criminals they are, the protests on Wall Street and around the country, indeed, around the world, will continue. There are two many conflicts of interest, primarily in the US Congress for the current balance to be maintained. The federalists, central bankers, and globalists need to be thrown out of organized government, and held accountable for the ruin and destruction they've wrought world wide.
Monday, October 17, 2011
America’s Wealth-Defined Society
I would expect the top 1% are now considering that it's not their responsibility to feed the bottom 19%. Food is cheap, but you don't give a man a fish, you teach him to fish and provide an opportunity to fish. This is an inalienable right endowed by our creator and set forth in the US Constitution, which in America means jobs.
Secondly, the system which allowed the top 1% to gain their wealth, and elect politicians sympathetic to their cause, promised a welfare state that the US is saddled with for the next 50 years. Certainly, welfare can be reformed, social security to a certain extent by providing means testing, but medicare costs will continue to rise.
Everyone must pay their fair share, which means corporations must shoulder the social costs required of every citizen, and the wealthy must pay a larger share of their income, which is a double hit to their bottom line, but that is fair.
Guest Post: America’s Wealth-Defined Society | ZeroHedge
Secondly, the system which allowed the top 1% to gain their wealth, and elect politicians sympathetic to their cause, promised a welfare state that the US is saddled with for the next 50 years. Certainly, welfare can be reformed, social security to a certain extent by providing means testing, but medicare costs will continue to rise.
Everyone must pay their fair share, which means corporations must shoulder the social costs required of every citizen, and the wealthy must pay a larger share of their income, which is a double hit to their bottom line, but that is fair.
Guest Post: America’s Wealth-Defined Society | ZeroHedge
Thursday, September 8, 2011
What's your plan.... - Part 7
The point was it was the Fed who enabled, the Administration who failed to oversee, and yes, the Uber Liberal Congress who encouraged and participated in the Ponzi scheme, in particular through Fannie Mae and Freddy Mac.
Next it was Bush who went along with TARP, schemed by the Fed, and Obama and Company, the Ultra Liberals who pursued the Stimulus Act, all the while we've fought wars on poverty, drugs, and terrorism to no avail, besides building the walls of our own prison. Corporations pay less and less in taxes and the deficit balloons.
The point is not to lay blame, only make an observation that it can't get much worse, with low employment rates, and ask how bad will it have to get before Americans revolt? Reagan talked the talk, but didn't walk the walk, cuts in corporate taxes weren't accompanied by corresponding cuts in spending. Wake up! My point certainly wasn't GWB caused anything, neither has Obama. They have either gone along, or encouraged and participated in it, along with Congress, the Fed and Wall Street. The question is, how do we right the Titanic? Who will stand up? It won't happen until a majority of Americans demand higher taxes for corporations and a balanced budget amendment. I've even suggested paying off the debt, but the worst thing we can do is cut spending before jobs are brought back onshore.
There it is, fact for fact. Do with it what you will, America.
What's your plan.... - Page 15
Next it was Bush who went along with TARP, schemed by the Fed, and Obama and Company, the Ultra Liberals who pursued the Stimulus Act, all the while we've fought wars on poverty, drugs, and terrorism to no avail, besides building the walls of our own prison. Corporations pay less and less in taxes and the deficit balloons.
The point is not to lay blame, only make an observation that it can't get much worse, with low employment rates, and ask how bad will it have to get before Americans revolt? Reagan talked the talk, but didn't walk the walk, cuts in corporate taxes weren't accompanied by corresponding cuts in spending. Wake up! My point certainly wasn't GWB caused anything, neither has Obama. They have either gone along, or encouraged and participated in it, along with Congress, the Fed and Wall Street. The question is, how do we right the Titanic? Who will stand up? It won't happen until a majority of Americans demand higher taxes for corporations and a balanced budget amendment. I've even suggested paying off the debt, but the worst thing we can do is cut spending before jobs are brought back onshore.
There it is, fact for fact. Do with it what you will, America.
What's your plan.... - Page 15
Tuesday, August 30, 2011
What's your plan.... - Part 6
[QUOTE=Ringo;224794][SIZE=3][FONT=Georgia]Big brother could care less about the small stuff.[/FONT][/SIZE][/QUOTE]
No doubt, however, wide scale civil unrest and economic collapse scenarios are part of the Pentagon's strategic planning. I have nothing to hide. There isn't anything that can be said on this forum that isn't already part of their planning. Yeah, they can trace IP addresses, etc, but they're after the guys printing their own money, and stuff that challenges their world system.
Remember how expensive long distance telephone service used to be? Well, back in the early days of silicon valley, those guys had a device that would basically steal long distance service by hacking the automated switches through the use of dial tones. Getting caught with one of the those devices was punishable by up to life in prison. For what, stealing long distance service?
Corporations own the government, and want to own us. Not unlike the leaders of the temple in Jesus' day, or the artisans in Ephesus who wanted to stone Paul for preaching God. Any challenge to their racket. Well, their racket is coming to an end, of their own doing. Yet, they would maintain status quo at any cost, including the starvation of whole populations of people.
This is what we'll be seeing over the next year, potentially here in the US. This is what the government is planning for, and every person should be planning for as well, being as self sufficient as possible. Buying a little extra food each week, rotating stock, and planning for the possibility of a disruption in the supply chain. Water filtration, home defense, and all of the things necessary to sustain life, should it become untenable to venture out to procure these items. I hope it doesn't come to that, but if it does, my guns are the only thing between me and being robbed and killed, so it's highly unlikely I would willingly give them up, any more than anything else I've gathered for my own survival.
My plan is to survive the first few weeks, or months of any civil unrest or economic collapse. In fact, an armed militia is a better defense against civil unrest than all the strategic planning in the Pentagon lumped together. Civil unrest is going to occur in pockets of poverty that were formed by the creation of the welfare state in the first place, and aren't going away until the welfare state ends, anyway. So, it's their problem, not mine from the start. With god's help, I'll take care of myself.
That's enough for today, cheers and god bless!
What's your plan.... - Page 11
No doubt, however, wide scale civil unrest and economic collapse scenarios are part of the Pentagon's strategic planning. I have nothing to hide. There isn't anything that can be said on this forum that isn't already part of their planning. Yeah, they can trace IP addresses, etc, but they're after the guys printing their own money, and stuff that challenges their world system.
Remember how expensive long distance telephone service used to be? Well, back in the early days of silicon valley, those guys had a device that would basically steal long distance service by hacking the automated switches through the use of dial tones. Getting caught with one of the those devices was punishable by up to life in prison. For what, stealing long distance service?
Corporations own the government, and want to own us. Not unlike the leaders of the temple in Jesus' day, or the artisans in Ephesus who wanted to stone Paul for preaching God. Any challenge to their racket. Well, their racket is coming to an end, of their own doing. Yet, they would maintain status quo at any cost, including the starvation of whole populations of people.
This is what we'll be seeing over the next year, potentially here in the US. This is what the government is planning for, and every person should be planning for as well, being as self sufficient as possible. Buying a little extra food each week, rotating stock, and planning for the possibility of a disruption in the supply chain. Water filtration, home defense, and all of the things necessary to sustain life, should it become untenable to venture out to procure these items. I hope it doesn't come to that, but if it does, my guns are the only thing between me and being robbed and killed, so it's highly unlikely I would willingly give them up, any more than anything else I've gathered for my own survival.
My plan is to survive the first few weeks, or months of any civil unrest or economic collapse. In fact, an armed militia is a better defense against civil unrest than all the strategic planning in the Pentagon lumped together. Civil unrest is going to occur in pockets of poverty that were formed by the creation of the welfare state in the first place, and aren't going away until the welfare state ends, anyway. So, it's their problem, not mine from the start. With god's help, I'll take care of myself.
That's enough for today, cheers and god bless!
What's your plan.... - Page 11
Sunday, August 28, 2011
What's your plan.... - Part 5
[QUOTE=Ringo;224069]Our hope is not in the second coming of Christ, but in the "blessed hope" referencing the Rapture.[/QUOTE]
I call it Hope, you call it Blessed Hope. I say second coming of Christ, you say Rapture. We're talking about the same thing.
I prefer to use words the way the bible using them, and in that respect, I do have my facts straight and thank you for the admonishment, lest we forget.
How does all of this apply to the original topic? Let's see, we all want to be on the side of righteousness and truth, right? Jesus says to render unto ceasar that which is due ceasar, and unto God the things that are of God. Disobeying an illegal order is the right thing to do, anyone would agree, so even where the government to attempt confiscation of personal property without due process, it would be illegal.
"As it is written,
"For your sake we are being killed all the day long;
we are regarded as sheep to be slaughtered."
No, in all these things we are more than conquerors through him who loved us." (Romans 8:36-37 ESV)
What a striking example Paul was to his followers. Jesus endured more than any man who ever lived, or ever will live. None of us has ever had to endure the kind of persecution which even Paul endured. Not is peacetime, anyway.
Yet, even the disciples of Christ were armed. Peter cut the ear off of one of the temple soldiers sent to arrest Jesus, and Jesus healed that man's ear.
We are not counted as sheep for the slaughter, but if we give up our arms, we would be. Therefore, I would consider it an act of civil disobedience to refuse to follow an unconstitutional order to surrender my firearms.
You've probably heard this story, Democracy is two wolves and a sheep voting on what to have for dinner. Freedom is a well armed sheep contesting the vote! Our system of government was formed to protect our freedom. If government fails, we can always form another one. If we lose our freedom, I suppose we could regain it, but at what cost?
The world doesn't owe anyone a living, yet there are those who feel entitled to what others have worked for. The time is coming when it will have to be taken by force, because no one is going to willingly hand over the fruits of their own labor, when they themselves need it to survive. It's not possible, mathematically anyway, for our government to meet all of it's obligations, and when it is no longer able, it will default on those obligations. So what, I don't depend on the government to survive. Yet many do, and more. There are many who depend on the government, and the force of government to not only survive, but enrich themselves, to the detrimenet of all.
With one five families on federal food assistance, our nation is in crisis. But, I don't hear Obama talking about what a disaster our economy has become, or talk about how to get people off food stamps. The answer is put them to work, but crony capitalism has sent our jobs overseas.
We need a president who will stand up to these idiots in Washington, who have screwed up a perfectly good country in the name of corporate profit. The last time I checked, the constitutional role of government was to promote the general welfare, not corporate profit. The pursuit of profit conflicts with general welfare, or wealth, by concentrating wealth in the hands of a few, not the more.
We need elected officials who will stand up to the corporate way of doing things, and call these wolves in sheep clothing out for what they are.
We need men and women to stand up for what is right, to offer a hand, not a hand out.
We need to return this country to the principles upon which is was founded, rugged individualism, not corporate elitism.
Do you want to know why the deficit is so high? In 1980, the year Ronald Reagan took office, corporations paid about half of the federal tax receipts. Since then, lobbyists have convinced Congress to reduce the amount of taxes they pay to about 5% of tax receipts. The rest is made up by deficit spending.
You can call the last 30 years the "Rise of the Corporation". Illuminists call it "the company", and the war of this century will be against such as these.
What's your plan.... - Page 10
I call it Hope, you call it Blessed Hope. I say second coming of Christ, you say Rapture. We're talking about the same thing.
I prefer to use words the way the bible using them, and in that respect, I do have my facts straight and thank you for the admonishment, lest we forget.
How does all of this apply to the original topic? Let's see, we all want to be on the side of righteousness and truth, right? Jesus says to render unto ceasar that which is due ceasar, and unto God the things that are of God. Disobeying an illegal order is the right thing to do, anyone would agree, so even where the government to attempt confiscation of personal property without due process, it would be illegal.
"As it is written,
"For your sake we are being killed all the day long;
we are regarded as sheep to be slaughtered."
No, in all these things we are more than conquerors through him who loved us." (Romans 8:36-37 ESV)
What a striking example Paul was to his followers. Jesus endured more than any man who ever lived, or ever will live. None of us has ever had to endure the kind of persecution which even Paul endured. Not is peacetime, anyway.
Yet, even the disciples of Christ were armed. Peter cut the ear off of one of the temple soldiers sent to arrest Jesus, and Jesus healed that man's ear.
We are not counted as sheep for the slaughter, but if we give up our arms, we would be. Therefore, I would consider it an act of civil disobedience to refuse to follow an unconstitutional order to surrender my firearms.
You've probably heard this story, Democracy is two wolves and a sheep voting on what to have for dinner. Freedom is a well armed sheep contesting the vote! Our system of government was formed to protect our freedom. If government fails, we can always form another one. If we lose our freedom, I suppose we could regain it, but at what cost?
The world doesn't owe anyone a living, yet there are those who feel entitled to what others have worked for. The time is coming when it will have to be taken by force, because no one is going to willingly hand over the fruits of their own labor, when they themselves need it to survive. It's not possible, mathematically anyway, for our government to meet all of it's obligations, and when it is no longer able, it will default on those obligations. So what, I don't depend on the government to survive. Yet many do, and more. There are many who depend on the government, and the force of government to not only survive, but enrich themselves, to the detrimenet of all.
With one five families on federal food assistance, our nation is in crisis. But, I don't hear Obama talking about what a disaster our economy has become, or talk about how to get people off food stamps. The answer is put them to work, but crony capitalism has sent our jobs overseas.
We need a president who will stand up to these idiots in Washington, who have screwed up a perfectly good country in the name of corporate profit. The last time I checked, the constitutional role of government was to promote the general welfare, not corporate profit. The pursuit of profit conflicts with general welfare, or wealth, by concentrating wealth in the hands of a few, not the more.
We need elected officials who will stand up to the corporate way of doing things, and call these wolves in sheep clothing out for what they are.
We need men and women to stand up for what is right, to offer a hand, not a hand out.
We need to return this country to the principles upon which is was founded, rugged individualism, not corporate elitism.
Do you want to know why the deficit is so high? In 1980, the year Ronald Reagan took office, corporations paid about half of the federal tax receipts. Since then, lobbyists have convinced Congress to reduce the amount of taxes they pay to about 5% of tax receipts. The rest is made up by deficit spending.
You can call the last 30 years the "Rise of the Corporation". Illuminists call it "the company", and the war of this century will be against such as these.
What's your plan.... - Page 10
Saturday, August 27, 2011
What's your plan.... - Part 4
I've recently stated to a colleague at work discussing preps, "I'm a christian first and foremost, and I hope that Christ returns before it gets too bad", only because if the Devil has his way, it will be hell.
The Devil knows the truth of God's word, he quoted God a number of times in tricking Eve and tempting Christ, the only two people to whom he's shown himself in person.
What doe's God say about the truth and devil? "Thou believest that God is one; thou doest well: the devils also believe, and shudder." (James 2:19 ESV)
You're correct that we live in a crooked and perverse generation (Acts 2:14) and that evil men will wax worse and worse in the last days (2 Tim 3:13), however, in the context of 2 Tim, God contrasts the characteristics of evil men, with that of men who believe God, "that the man of God may be competent, equipped for every good work." (2 Tim 3:17) and by contrast, overcome evil men.
There are many times, Jesus Christ himself said "fear not", so while I agree with you about what self professed Christians do, none of us is perfect. But, we have a perfect example in Christ, and we encourage one another to uphold the high standard and high calling of Christ.
We have the hope of the return of Christ, his second coming. In the meantime, I believe for the best and prepare for the worst, because, we don't know when Christ will return, but we know for a certainty he will, so does the Devil.
All of the events that are occurring, since just before 2000, with droughts, rolling brown outs, the dot com recession, just as we were beginning to recover from the recession, the 9/11 attacks (false flag?), 2008 global financial crisis, fukushima, earthquakes, tornadoes, hurricanes, all of these things, some man made, some not, I believe they are part of a conspiracy to destroy the truth, indeed as there has been since Lucifer rebelled in heaven, and that there is a main conspirator, the Devil.
It seems to me events are unfolding more quickly, facilitated by technology, however, the word of truth can be disseminated more quickly, as well. So, while it is a fact that we live in interesting times, and it can be fearful, we can take comfort in the 23rd Psalm, and a well built, American made, Smith and Wesson, Colt, Browning, or any of a host of reliable firarms, and the readiness, willingness, and ability to use them in defense of our families and loved ones. Let the enemy fear that.
What's your plan.... - Page 10
The Devil knows the truth of God's word, he quoted God a number of times in tricking Eve and tempting Christ, the only two people to whom he's shown himself in person.
What doe's God say about the truth and devil? "Thou believest that God is one; thou doest well: the devils also believe, and shudder." (James 2:19 ESV)
You're correct that we live in a crooked and perverse generation (Acts 2:14) and that evil men will wax worse and worse in the last days (2 Tim 3:13), however, in the context of 2 Tim, God contrasts the characteristics of evil men, with that of men who believe God, "that the man of God may be competent, equipped for every good work." (2 Tim 3:17) and by contrast, overcome evil men.
There are many times, Jesus Christ himself said "fear not", so while I agree with you about what self professed Christians do, none of us is perfect. But, we have a perfect example in Christ, and we encourage one another to uphold the high standard and high calling of Christ.
We have the hope of the return of Christ, his second coming. In the meantime, I believe for the best and prepare for the worst, because, we don't know when Christ will return, but we know for a certainty he will, so does the Devil.
All of the events that are occurring, since just before 2000, with droughts, rolling brown outs, the dot com recession, just as we were beginning to recover from the recession, the 9/11 attacks (false flag?), 2008 global financial crisis, fukushima, earthquakes, tornadoes, hurricanes, all of these things, some man made, some not, I believe they are part of a conspiracy to destroy the truth, indeed as there has been since Lucifer rebelled in heaven, and that there is a main conspirator, the Devil.
It seems to me events are unfolding more quickly, facilitated by technology, however, the word of truth can be disseminated more quickly, as well. So, while it is a fact that we live in interesting times, and it can be fearful, we can take comfort in the 23rd Psalm, and a well built, American made, Smith and Wesson, Colt, Browning, or any of a host of reliable firarms, and the readiness, willingness, and ability to use them in defense of our families and loved ones. Let the enemy fear that.
What's your plan.... - Page 10
Thursday, August 25, 2011
What's your plan.... - Part 3
There have been lots of replies to this thread, which was an open ended question about what if the government tried to take your guns.
It's unlikely the feds would attempt confiscation of firearms during a period of normalcy, but if martial law or worse were to be declared, disarmament and pacification of the populace would be a top priority.
It happened in New Orleans, and the cops basically became the criminals. During a breakdown of social order is exactly when you do need your firearms, and had to be the intent of the 2nd Amendment, as well as to prevent the undue intrusion of government in the lives of it's citizens.
The federal government has taken on a life of it's own because of runaway federal deficit spending. Jimmy Carter was the last president to attempt to take on the bureaucracy in DC. Ron Paul would take them on, no doubt as he has for 20 years, even though I know very little about him. Rick Perry is looking like a viable candidate, however, if he only talks the talk, like Reagan, he's the last thing we need.
As a nation, we are in for a period of severe instability, because people don't have jobs. There are two opposing forces at work, the so-called liberals who want to enslave, and the so-called conservatives, who also want to enslave. Then there are a few individuals who haven't become jaded by national politics, and haven't sold out to the establishment. What the conservatives and liberals fail to realize is we are at war with the banking cartel, and are willing to sell us out for a bribe. This conspiracy is so vast that spineless GWB went along with a bailout for the very entities what conspire to control us, only proving the Bush family is part of the consipiracy. Maybe they don't realize it, but they're working for the chief consipirator, the Devil.
Thankfully, the founding fathers understood the important of self reliance and self determiniation, defensible by force. This nation is one of the few, if not the only nation where the right to keep and bear arms is a right. Any attempt to subvert that right is an attempt to take away our freedom, however crafty or subtle.
What's your plan.... - Page 9
It's unlikely the feds would attempt confiscation of firearms during a period of normalcy, but if martial law or worse were to be declared, disarmament and pacification of the populace would be a top priority.
It happened in New Orleans, and the cops basically became the criminals. During a breakdown of social order is exactly when you do need your firearms, and had to be the intent of the 2nd Amendment, as well as to prevent the undue intrusion of government in the lives of it's citizens.
The federal government has taken on a life of it's own because of runaway federal deficit spending. Jimmy Carter was the last president to attempt to take on the bureaucracy in DC. Ron Paul would take them on, no doubt as he has for 20 years, even though I know very little about him. Rick Perry is looking like a viable candidate, however, if he only talks the talk, like Reagan, he's the last thing we need.
As a nation, we are in for a period of severe instability, because people don't have jobs. There are two opposing forces at work, the so-called liberals who want to enslave, and the so-called conservatives, who also want to enslave. Then there are a few individuals who haven't become jaded by national politics, and haven't sold out to the establishment. What the conservatives and liberals fail to realize is we are at war with the banking cartel, and are willing to sell us out for a bribe. This conspiracy is so vast that spineless GWB went along with a bailout for the very entities what conspire to control us, only proving the Bush family is part of the consipiracy. Maybe they don't realize it, but they're working for the chief consipirator, the Devil.
Thankfully, the founding fathers understood the important of self reliance and self determiniation, defensible by force. This nation is one of the few, if not the only nation where the right to keep and bear arms is a right. Any attempt to subvert that right is an attempt to take away our freedom, however crafty or subtle.
What's your plan.... - Page 9
Wednesday, August 24, 2011
What's your plan.... - Part 2
That's exactly why I propose retiring the debt by assessing every individual and corporation a percentage of net worth as part of a balanced budget amendment. We will still be paying for the failed welfare state for the next 50 years, but we'll be doing that anyway. Otherwise, service on the debt will continue to increase as debt increases, and you'll have to cut transfer payments for things like social security and medicare, services people depend on to live. No one depends on interest on treasury bills, that can't be earned on some other investment. Sure, no one wants to pay 10 - 20% of their net worth to pay off the national debt. Maybe they would rather the US default on it's debt, or turn senior citizens out on the street. I'm sure they would.
Eliminating the debt, and the deficit will also revive the job market by reducing the competition for goods and services from the public sector, which is increasingly consuming everything. However, you can't contract public spending by balancing the budget without wreaking havoc on the economy. You have to cut somewhere, and what I'm suggesting is that you start with interest payment on the debt, by paying it off.
You also can't default on the debt, because real people depend on the income from treasury bills. If you pay off treasury bills as they become due, those same people and institutions can invest their money elsewhere, and do more good with it. Our government doesn't need to be in the business of guaranteeing interest income, and harms, rather than helps promote the general welfare, which is a constitutional mandate of our federal government, by taking money out of the private sector, and competing with the private sector for goods and services.
I have thought a good deal about this issue, and came up with the idea shortly after graduating from a 4 year land grant university in the 1980's with a degree in economics, and researching the amount of national net worth, which at that time was around $100T. If we were to follow this proposal, and it worked, it would solve the problem of sovereign debt, and restore the national economies of indebted nations, of which we're at the top of list in absolute terms, and in the top ten by percentage of GDP.
Rethinking my proposal isn't necessary because I've thought a good bit about it. I didn't understand your objection to it, rather, it seems you were agreeing with it by correctly stating the interest on the national debt will continue to increase as the debt increases. That money is better spent elsewhere, even though we still must have a balanced budget amendment to the US Constitution in order to reign in out of control federal deficit spending.
My vote for POTUS in 2012 will be Ron Paul.
What's your plan.... - Page 8
Eliminating the debt, and the deficit will also revive the job market by reducing the competition for goods and services from the public sector, which is increasingly consuming everything. However, you can't contract public spending by balancing the budget without wreaking havoc on the economy. You have to cut somewhere, and what I'm suggesting is that you start with interest payment on the debt, by paying it off.
You also can't default on the debt, because real people depend on the income from treasury bills. If you pay off treasury bills as they become due, those same people and institutions can invest their money elsewhere, and do more good with it. Our government doesn't need to be in the business of guaranteeing interest income, and harms, rather than helps promote the general welfare, which is a constitutional mandate of our federal government, by taking money out of the private sector, and competing with the private sector for goods and services.
I have thought a good deal about this issue, and came up with the idea shortly after graduating from a 4 year land grant university in the 1980's with a degree in economics, and researching the amount of national net worth, which at that time was around $100T. If we were to follow this proposal, and it worked, it would solve the problem of sovereign debt, and restore the national economies of indebted nations, of which we're at the top of list in absolute terms, and in the top ten by percentage of GDP.
Rethinking my proposal isn't necessary because I've thought a good bit about it. I didn't understand your objection to it, rather, it seems you were agreeing with it by correctly stating the interest on the national debt will continue to increase as the debt increases. That money is better spent elsewhere, even though we still must have a balanced budget amendment to the US Constitution in order to reign in out of control federal deficit spending.
My vote for POTUS in 2012 will be Ron Paul.
What's your plan.... - Page 8
Tuesday, August 23, 2011
What's your plan.... - Part 1
We could pay off the national debt by assessing every individual and corporation with assets in the US, a percentage of net worth, with a balanced budget amendment to the constitution, requiring a super majority to raise taxes or issue debt in times of declared emergency. We still have to deal with entitlements, and retiring seniors for the next 50 years, but the interest savings on retiring the debt would go a long way.
It may be the only way of restoring the US economy and bringing back jobs. The reason being is that public spending has effectively crowded out the private sector. Contracting the public sector by the amount of deficit spending will allow the private sector to recover. A public sector contraction without retiring the national debt would send the US into a death spiral, because otherwise you're cutting other spending that ordinary people depend on for their livelihood. No one depends on US Treasury interest, that can't be re-invested somewhere else. That is all, for now.
The text of this post has been sent to North Carolina Senators Kay Hagan and Richard Burr, and Congressman Brad Miller.
What's your plan....
It may be the only way of restoring the US economy and bringing back jobs. The reason being is that public spending has effectively crowded out the private sector. Contracting the public sector by the amount of deficit spending will allow the private sector to recover. A public sector contraction without retiring the national debt would send the US into a death spiral, because otherwise you're cutting other spending that ordinary people depend on for their livelihood. No one depends on US Treasury interest, that can't be re-invested somewhere else. That is all, for now.
The text of this post has been sent to North Carolina Senators Kay Hagan and Richard Burr, and Congressman Brad Miller.
What's your plan....
Saturday, August 20, 2011
GOVERNMENT SUCKING THE LIFE OUT OF AMERICA « The Burning Platform
Voter backlash is coming. The FSA will have their choice of well established liberal candidates from which to choose. The true liberals are the Libertarian party, who want freedom from government, but have never garnered more than a few percent of the popular vote, because most people want their stuff without paying for it.
Ron Paul is the best choice right now for stopping the free stuff parade. There are only tough choices left in dealing with unfunded entitlements. Neither so called conservatives nor so called liberals have demonstrated any capacity to deal with out of control federal deficit spending. We can either slow down and stop, or hit the wall at 120 mph.
In Raleigh, NC, the big spending mayor who is not running for re-election, is defending over $1B debt, which has quadrupled in 10 years by pointing out most is paid for with fees and not property taxes. While he has a point, constrained spending should be the order of the day. The city budget has probably doubled in the last ten years, as well, so the debt picture isn’t the whole story.
With revenues decreasing, city leaders are loathe to give up the standard of living to which they have grown accustomed, so it’s citizens must give up theirs.
We’ll see if we actually make it to election day, 2012, without widespread riots. Extended unemployment and more families on food assistance will mitigate civil unrest, while the looting and plundering of America by the top one percent continues unabated. Where will the next crack in the foundation appear? There is a critical mass at which all hell breaks loose and most everyone is dependent on the same supply chain for basic necessities. When the politicians in DC feel the pinch, they will act, and even then, their’s is a broken system of corruption. When they lose control, and they will, it’s a mathematical certainty, it may be too late.
We could pay off the national debt by assessing every individual and corporation with assets in the US, a percentage of net worth, with a balanced budget amendment to the constitution, requiring a super majority to raise taxes or issue debt in times of declared emergency. We still have to deal with entitlements, and retiring seniors for the next 50 years, but the interest savings on retiring the debt would go a long way.
GOVERNMENT SUCKING THE LIFE OUT OF AMERICA « The Burning Platform
Ron Paul is the best choice right now for stopping the free stuff parade. There are only tough choices left in dealing with unfunded entitlements. Neither so called conservatives nor so called liberals have demonstrated any capacity to deal with out of control federal deficit spending. We can either slow down and stop, or hit the wall at 120 mph.
In Raleigh, NC, the big spending mayor who is not running for re-election, is defending over $1B debt, which has quadrupled in 10 years by pointing out most is paid for with fees and not property taxes. While he has a point, constrained spending should be the order of the day. The city budget has probably doubled in the last ten years, as well, so the debt picture isn’t the whole story.
With revenues decreasing, city leaders are loathe to give up the standard of living to which they have grown accustomed, so it’s citizens must give up theirs.
We’ll see if we actually make it to election day, 2012, without widespread riots. Extended unemployment and more families on food assistance will mitigate civil unrest, while the looting and plundering of America by the top one percent continues unabated. Where will the next crack in the foundation appear? There is a critical mass at which all hell breaks loose and most everyone is dependent on the same supply chain for basic necessities. When the politicians in DC feel the pinch, they will act, and even then, their’s is a broken system of corruption. When they lose control, and they will, it’s a mathematical certainty, it may be too late.
We could pay off the national debt by assessing every individual and corporation with assets in the US, a percentage of net worth, with a balanced budget amendment to the constitution, requiring a super majority to raise taxes or issue debt in times of declared emergency. We still have to deal with entitlements, and retiring seniors for the next 50 years, but the interest savings on retiring the debt would go a long way.
GOVERNMENT SUCKING THE LIFE OUT OF AMERICA « The Burning Platform
Monday, August 8, 2011
RECESSION A CERTAINTY « The Burning Platform
What do you mean the Emperor is wearing no clothes? It’s hard to fathom, considering markets have long run global trade, through thick and thin, that of a perfect storm, if even there is such a thing.
The fourth turning is merely a crisis in leadership. I will stake my claim in the truth, and know that I was known before the foundations of this world, made a little higher than the angels, of which lucifer was one.
The world will be a better place when it is a much simpler life. If it takes the return of Jesus Christ, so be it. Come, Lord Jesus, come!
RECESSION A CERTAINTY « The Burning Platform
The fourth turning is merely a crisis in leadership. I will stake my claim in the truth, and know that I was known before the foundations of this world, made a little higher than the angels, of which lucifer was one.
The world will be a better place when it is a much simpler life. If it takes the return of Jesus Christ, so be it. Come, Lord Jesus, come!
RECESSION A CERTAINTY « The Burning Platform
Tottenham Riots - Coming to Your Town Soon?
There's another thread running about the mob riots in Wisconsin, apparently the same stuff happened over the fourth of July, now the state fair. It's happened in Chicago, and more recently in Philadelphia, and occurs regularly in NYC, where it was first called "wilding", now "flash mobs". We've also seen it in recent memory in New Orleans (2005) and LA (1991).
These most recent riots are hate crimes and terrorism, by definition.
Unfortunately, there isn't a lot you can do about it, except stay out of their neighborhoods. If there is a disruption in the supply chain, whether it be economic instability, or fuel, or pandemic, or other natural or man made disaster, if aliens land, or the mother of all asteroids hits earth, and Jesus Christ hasn't returned first, then it will be everyone person for themselves first, then it will be neighbor helping neighbor as they are able.
Grocery stores will run out of essentials faster then Greg Fischel can forecast a light dusting of snow. Therefore, it is every person's responsibility to store several weeks, if not months worth of food, even if it's spaghetti noodles and canned spaghetti sauce.
My wife and I started "prepping" a couple of years ago, and I sleep a lot better at night knowing I can survive at least six months against a zombie invasion. But not alone. Neighbors should team up, and worst case, have a plan to get out of dodge if lawlessness becomes the order of the day. Most likely, however, martial law will be declared, and you should be ok during the day in your own neighborhood, if you have food, water, and the ability to defend yourself, even if it's a shotgun and a box of #6's. You may want to spring for a few more boxes, as you stock up on food and water, as well.
That's how you deal with riotous crowds, stay away from them, and keep them out of your neighborhood. A few Koreans with only small arms kept rioters away from there stores. It shouldn't be too difficult to keep them out of your neighborhood, even if you have to set up barricades, and stand guard. But, you don't want to be stranded with no food, water, or defensive capability, either.
Tottenham Riots - Coming to Your Town Soon?
Friday, July 29, 2011
WHO ARE THE EXTREMISTS? « The Burning Platform
Thanks for the bipartisan article. Using Carville and Rove in the same sentence, priceless.
As for the fourth turning, why does it have to be a civil war? It seems that since this financial crisis is global in nature, the “civil” war will in reality be a “global” war, and it will occur due to a shortage of natural resources, when one country invades another for lack of food, water, or energy.
Granted, the risk assessment going into 2008 was that former soviet block countries would be unable to quell popular uprising when their governments become unable to feed the people. What happens when new governments form, still unable to feed the people, especially in the Middle East?
Cap, cut, balance is the best approach to the contrived debt ceiling crisis. Balancing the budget over a period of time, say 10 years should give the markets some level of confidence, and prevent the sudden shock to the system of cutting spending all at once. Raising the debt ceiling for the short term will allow continued discussion, that is, if the fear mongering can be set aside.
Call your representative’s and urge them to support a balanced budget amendment, otherwise, the debt ceiling will become our prison.
WHO ARE THE EXTREMISTS? « The Burning Platform
As for the fourth turning, why does it have to be a civil war? It seems that since this financial crisis is global in nature, the “civil” war will in reality be a “global” war, and it will occur due to a shortage of natural resources, when one country invades another for lack of food, water, or energy.
Granted, the risk assessment going into 2008 was that former soviet block countries would be unable to quell popular uprising when their governments become unable to feed the people. What happens when new governments form, still unable to feed the people, especially in the Middle East?
Cap, cut, balance is the best approach to the contrived debt ceiling crisis. Balancing the budget over a period of time, say 10 years should give the markets some level of confidence, and prevent the sudden shock to the system of cutting spending all at once. Raising the debt ceiling for the short term will allow continued discussion, that is, if the fear mongering can be set aside.
Call your representative’s and urge them to support a balanced budget amendment, otherwise, the debt ceiling will become our prison.
WHO ARE THE EXTREMISTS? « The Burning Platform
Wednesday, July 27, 2011
Top of the morning « The Progressive Pulse
No more so than Democrats, or is it that Progressives have a special dispensation that allows them to criticize without being criticized.
The fact that you’re a Progressive, and just criticized Republicans for being hypocritical, only proves you aren’t any different.
Where was your voice when the economy was good? That’s the time to cut public sector spending. Now that we have to cut spending out of necessity, it only makes it ten times worse, and as we are coming to see, public sector borrowing, not spending, is what is going to bring down the house of cards. Of course, it’s a federal, not a state problem, and we should be moving away from dependence on federal spending as quickly as possible.
Top of the morning « The Progressive Pulse
The fact that you’re a Progressive, and just criticized Republicans for being hypocritical, only proves you aren’t any different.
Where was your voice when the economy was good? That’s the time to cut public sector spending. Now that we have to cut spending out of necessity, it only makes it ten times worse, and as we are coming to see, public sector borrowing, not spending, is what is going to bring down the house of cards. Of course, it’s a federal, not a state problem, and we should be moving away from dependence on federal spending as quickly as possible.
Top of the morning « The Progressive Pulse
Wednesday, July 13, 2011
DID YOU NOTICE? « The Burning Platform
Gun ownership has been a major thorn in the side for the New World Order, realizing they won’t take anything by force, they resorted to offshoring and outsourcing. Having confiscated gold, once, it won’t be successful a second time, except to make criminals of otherwise law abiding citizens.
Now it is being uncovered the US has been arming and training mexican drug cartels, for what one can only surmise to hollow out the Mexican state, for oil and ostensibly and base of operations for excursions into the US from the southern border, since it would be ludicrous for US troops to act against their own citizens.
These denizens of the US Intelligence community owe no loyalty to anyone or anything except money and drugs, and use gang violence as the means to the end.
After Administrator’s warnings yesterday about this forum being monitored, my response, too, is fuck’em, bring it on. When you have nothing less to lose, you lose it. As the social contract continues it’s disorderly disintegration, the 30 blocks of squalor will become a war zone. Add armed and trained gangs running up the interstates, it won’t be long until martial law is imposed, and firearms being seized in the name of maintaining order, just not the kind of order afforded free citizens.
A collapse of the Euro would bring a flight to safety in US Treasury bills, perhaps buying two more years before the US defaults on it’s obligations.
These events are too well coordinated to be random, and too well orchestrated to be the work of one individual or group of individuals. This leaves one entity, the Devil, as responsible for the mayhem and destruction we are currently witnessing. I encourage each individual to make up their own mind to follow the path of righteousness, and not follow after the agents of destruction. The same methods by which Satan is seeking to undermine all of mankind, can be employed to disarm him. Civil disobedience is what is required. Do not do the bidding of Satan, but follow after your own heart, and live as children of the light, not of darkness. Be willing to do whatever is necessary to thwart the will of Satan, and follow after God’s own heart, and in the continual blessing and truth of his eternal Word.
DID YOU NOTICE? « The Burning Platform
Now it is being uncovered the US has been arming and training mexican drug cartels, for what one can only surmise to hollow out the Mexican state, for oil and ostensibly and base of operations for excursions into the US from the southern border, since it would be ludicrous for US troops to act against their own citizens.
These denizens of the US Intelligence community owe no loyalty to anyone or anything except money and drugs, and use gang violence as the means to the end.
After Administrator’s warnings yesterday about this forum being monitored, my response, too, is fuck’em, bring it on. When you have nothing less to lose, you lose it. As the social contract continues it’s disorderly disintegration, the 30 blocks of squalor will become a war zone. Add armed and trained gangs running up the interstates, it won’t be long until martial law is imposed, and firearms being seized in the name of maintaining order, just not the kind of order afforded free citizens.
A collapse of the Euro would bring a flight to safety in US Treasury bills, perhaps buying two more years before the US defaults on it’s obligations.
These events are too well coordinated to be random, and too well orchestrated to be the work of one individual or group of individuals. This leaves one entity, the Devil, as responsible for the mayhem and destruction we are currently witnessing. I encourage each individual to make up their own mind to follow the path of righteousness, and not follow after the agents of destruction. The same methods by which Satan is seeking to undermine all of mankind, can be employed to disarm him. Civil disobedience is what is required. Do not do the bidding of Satan, but follow after your own heart, and live as children of the light, not of darkness. Be willing to do whatever is necessary to thwart the will of Satan, and follow after God’s own heart, and in the continual blessing and truth of his eternal Word.
DID YOU NOTICE? « The Burning Platform
Sunday, July 10, 2011
Fatigued: Will I die when SHTF?
Cdevidal, apparently you have the motivation to follow this thread, keep the faith. If you wait for deliverance to come to you, you'll be waiting a long time. You have to seek it out, and I think you're doing that.
Many will die in a SHTF, or in a slow slide economic depression, as you described it. What we're experiencing is unprecedented, quite possibly, in the history of western civilization, to the extent our system of government may not be able to form a proper response to it. Mainly that of the takeover of economic power by global capitalists.
Governments have responded to military threats through out history. The US is well accomplished in this area. However, providing for the common defense is one part of the constitutional role of government. The other role is that of promoting the general welfare, or wealth of the nation. It is in this regard, that our government is currently failing. If elected and appointed leaders of government were colluding with a military enemy, they would be deserving of death by firing squad as traitors. Whether you're a Christian or not, the effects of the Devil's conspiracy against man are obvious.
"Indeed, all who desire to live a godly life in Christ Jesus will be persecuted, while evil people and impostors will go on from bad to worse, deceiving and being deceived." (II Tim 3:12-13 ESV)
"Therefore, rejoice, O heavens and you who dwell in them! But woe to you, O earth and sea, for the devil has come down to you in great wrath, because he knows that his time is short!" (Rev 12:12 ESV)
The threat we face is not military, but an economic one. America stands at a cross road. There isn't enough money to pay all of the promises our Government has made over the years to it's various constituencies. The debt ceiling exists to prevent runaway deficit spending, which began in the modern American economy at the end of WWII, and accelerated in earnest under Reagan, who gave lip service to cutting government, but in reality began the push toward where we are today.
We are at war with those who will sacrifice the lives and well being of it's citizens to maintain the status quo of a system that is destined to collapse under it's own weight. If politicians were leaders, they would start by cutting their own salary and retirement benefits, trim the federal workforce, and begin undertaking cost cutting measures in every federal program. Instead they bail out everyone but their own citizens. These politicians and appointees are traitors.
It's not a question of whether the US will default on it's obligations, it's a matter of when, maybe by the end of the summer as $500B in US Treasury debt matures. It the Treasury can't find a buyer, debt ceiling negotiations aside, it could easily precipitate another financial crisis worse than 2008. THE US WILL DEFAULT ON ITS OBLIGATIONS AT SOME POINT, IT'S ONLY A MATTER OF WHEN, and what will be the consequences. The best any of us can do is prepare for the unpredictable. I'm reminded of a passage from the Book of Job, the oldest book of the bible,
"So Satan went out from the presence of the LORD and struck Job with loathsome sores from the sole of his foot to the crown of his head. And he took a piece of broken pottery with which to scrape himself while he sat in the ashes. Then his wife said to him, "Do you still hold fast your integrity? Curse God and die." But he said to her, "You speak as one of the foolish women would speak. Shall we receive good from God, and shall we not receive evil?" In all this Job did not sin with his lips." (Job 2:7-10 ESV)
God restored double to Job, after the Devil took everything from Job, his family, property, and health. We don't know what is going to happen, or how bad it may get, but we can place our trust in him who sustains us. We can also encourage one another, and one means of doing that is participating in these forums. Peace.
Fatigued: Will I die when SHTF?
Many will die in a SHTF, or in a slow slide economic depression, as you described it. What we're experiencing is unprecedented, quite possibly, in the history of western civilization, to the extent our system of government may not be able to form a proper response to it. Mainly that of the takeover of economic power by global capitalists.
Governments have responded to military threats through out history. The US is well accomplished in this area. However, providing for the common defense is one part of the constitutional role of government. The other role is that of promoting the general welfare, or wealth of the nation. It is in this regard, that our government is currently failing. If elected and appointed leaders of government were colluding with a military enemy, they would be deserving of death by firing squad as traitors. Whether you're a Christian or not, the effects of the Devil's conspiracy against man are obvious.
"Indeed, all who desire to live a godly life in Christ Jesus will be persecuted, while evil people and impostors will go on from bad to worse, deceiving and being deceived." (II Tim 3:12-13 ESV)
"Therefore, rejoice, O heavens and you who dwell in them! But woe to you, O earth and sea, for the devil has come down to you in great wrath, because he knows that his time is short!" (Rev 12:12 ESV)
The threat we face is not military, but an economic one. America stands at a cross road. There isn't enough money to pay all of the promises our Government has made over the years to it's various constituencies. The debt ceiling exists to prevent runaway deficit spending, which began in the modern American economy at the end of WWII, and accelerated in earnest under Reagan, who gave lip service to cutting government, but in reality began the push toward where we are today.
We are at war with those who will sacrifice the lives and well being of it's citizens to maintain the status quo of a system that is destined to collapse under it's own weight. If politicians were leaders, they would start by cutting their own salary and retirement benefits, trim the federal workforce, and begin undertaking cost cutting measures in every federal program. Instead they bail out everyone but their own citizens. These politicians and appointees are traitors.
It's not a question of whether the US will default on it's obligations, it's a matter of when, maybe by the end of the summer as $500B in US Treasury debt matures. It the Treasury can't find a buyer, debt ceiling negotiations aside, it could easily precipitate another financial crisis worse than 2008. THE US WILL DEFAULT ON ITS OBLIGATIONS AT SOME POINT, IT'S ONLY A MATTER OF WHEN, and what will be the consequences. The best any of us can do is prepare for the unpredictable. I'm reminded of a passage from the Book of Job, the oldest book of the bible,
"So Satan went out from the presence of the LORD and struck Job with loathsome sores from the sole of his foot to the crown of his head. And he took a piece of broken pottery with which to scrape himself while he sat in the ashes. Then his wife said to him, "Do you still hold fast your integrity? Curse God and die." But he said to her, "You speak as one of the foolish women would speak. Shall we receive good from God, and shall we not receive evil?" In all this Job did not sin with his lips." (Job 2:7-10 ESV)
God restored double to Job, after the Devil took everything from Job, his family, property, and health. We don't know what is going to happen, or how bad it may get, but we can place our trust in him who sustains us. We can also encourage one another, and one means of doing that is participating in these forums. Peace.
Fatigued: Will I die when SHTF?
Tuesday, July 5, 2011
TOTAL DECONSTRUCTION OF HERR GEITHNER’S FOOLISHNESS « The Burning Platform
TOTAL DECONSTRUCTION OF HERR GEITHNER’S FOOLISHNESS « The Burning Platform: "Geithner is correct, aggregate demand would decrease in the event of a default. Dollar X isn't coming out of wallet X, it's being borrowed, at least a percentage of it. Until the deficit is erased, dollar x will remain constant, and the decrease in deficit spending will lead to decreased aggregate demand. This is a much needed correction, as deficit spending effectively competes and crowds out private spending on scarce goods and resources.
With over $100T in unfunded entitlements, there isn't enough money in the world for the US to borrow, without hyperinflation. This appears to be the course for the Fed. Perhaps it's time SS and Medicare were converted to defined contribution, and not defined benefit plans, and put federal retirees on the same system, including our beloved elected officials in Congress.
I apologize to those who think this is extreme rhetoric. It isn't."
With over $100T in unfunded entitlements, there isn't enough money in the world for the US to borrow, without hyperinflation. This appears to be the course for the Fed. Perhaps it's time SS and Medicare were converted to defined contribution, and not defined benefit plans, and put federal retirees on the same system, including our beloved elected officials in Congress.
I apologize to those who think this is extreme rhetoric. It isn't."
Sunday, July 3, 2011
THE NEXT SIX MONTHS « The Burning Platform
The debt apologist Stuck cites qualified two of his points with “bondholders”. The debt ceiling really isn’t the issue, it’s the government’s ability to borrow. If the bondholders indeed “let it ride,” then turning over $500B by August 31 in maturing treasuries is no big deal. Republicans playing brinksmanship is like the scene from one movie, where the character puts a gun to his head, and says, “stop, or I’ll shoot.” Neither party has a plan to eliminate the deficit.
The other point in the article is pure nonsense, saying the national debt amounts to $47,000 is assuming every American owns an equal share of capital. It’s more applicable to speak of the national debt in terms of national net worth, which could be as high as 50%.
Exponentially increasing deficits assures we’ll be bankrupt as a nation. There is no way today, to pay for the unfunded entitlement obligations of the post world war II generation. If or when the government loses it’s ability to borrow money, and this is the “disastrous consequences” eluded to by Geithner if the debt ceiling isn’t raised, the government would simply stop making transfer payments to individuals, and those who have come to depend on the federal government for their monthly check, whether it be federal retirees, social security beneficiaries, the states in the form of medicare payments, or the military industrial complex, would find themselves with no income.
Everything else would resume pretty much as normal, except that the federal government has become insidious in nature, and pervasive, but make no mistake, it’s a cancer by definition, having taken on a life of it’s own, and it must be beaten back. When it takes over the body, the patient is dead, and it will go looking for another host. I prefer the scenario where we the people take control back, from the zombie government, regulate banks, declare debt amnesty, tax the rich and poor, and generally put this country on sound financial footing, although neither party in Congress has the will.
God says, if a man doesn’t work, neither should he eat. There’s going to be a lot of people starving if we don’t end this charade of socialism, and put an end to the welfare state, once and for all.
THE NEXT SIX MONTHS « The Burning Platform
The other point in the article is pure nonsense, saying the national debt amounts to $47,000 is assuming every American owns an equal share of capital. It’s more applicable to speak of the national debt in terms of national net worth, which could be as high as 50%.
Exponentially increasing deficits assures we’ll be bankrupt as a nation. There is no way today, to pay for the unfunded entitlement obligations of the post world war II generation. If or when the government loses it’s ability to borrow money, and this is the “disastrous consequences” eluded to by Geithner if the debt ceiling isn’t raised, the government would simply stop making transfer payments to individuals, and those who have come to depend on the federal government for their monthly check, whether it be federal retirees, social security beneficiaries, the states in the form of medicare payments, or the military industrial complex, would find themselves with no income.
Everything else would resume pretty much as normal, except that the federal government has become insidious in nature, and pervasive, but make no mistake, it’s a cancer by definition, having taken on a life of it’s own, and it must be beaten back. When it takes over the body, the patient is dead, and it will go looking for another host. I prefer the scenario where we the people take control back, from the zombie government, regulate banks, declare debt amnesty, tax the rich and poor, and generally put this country on sound financial footing, although neither party in Congress has the will.
God says, if a man doesn’t work, neither should he eat. There’s going to be a lot of people starving if we don’t end this charade of socialism, and put an end to the welfare state, once and for all.
THE NEXT SIX MONTHS « The Burning Platform
Thursday, June 30, 2011
S&P TO DEEPLY CUT U.S. RATINGS IF DEBT PAYMENT MISSED « The Burning Platform
And the big wind down begins, without deficit spending, the US and world economy will grind to a halt.
The US went off the gold standard because there wasn't enough money to go around, Wall Street wasn't making money fast enough, so they devised ways of accelerating commissions, the US taxpayer assumed the risk.
Deficits began to skyrocket during the Reagan Administration when Reagan and the US Congress agreed to whatever one side wanted as long as the other side got what they wanted. Corporations successfully lobbied to have their share of the tax burden reduced from fifty percent in 1980 to around five percent today. While CEO pay increased five to ten times what it was in 1980, while working wages have been stagnant since the 1970's. Inflation has taken hold and promises to continue to increase as long as Bernanke continues to print money, which will be until the system collapses.
Geithner said it best, there is no credible spending plan that will not cause the need to raise the debt ceiling. So, the debt ceiling is raised, and we continue the march toward higher prices and lower GDP. Unfunded federal entitlements and the lack of political will to significantly cut spending guarantee deficit spending will remain out of control. Regardless of whether the debt ceiling is raised, the system will collapse when the federal government loses the ability to borrow money. Debt to infinity proponents have said as much by describing the dire consequences of not raising the debt ceiling. The US finds itself in a position of having to cut spending, while maintaining a socialist welfare state for at least the next fifty years. Future generations will look back and wonder who were these profligates. The history books will record they were the politicians, bureaucrats, central bankers, and financiers, who contribute little to society, yet were allowed to gain a strangle hold over the world economy. When the ponzi scheme collapse, and it's almost guaranteed at this point, what will the future look like, indeed.
S&P TO DEEPLY CUT U.S. RATINGS IF DEBT PAYMENT MISSED « The Burning Platform
The US went off the gold standard because there wasn't enough money to go around, Wall Street wasn't making money fast enough, so they devised ways of accelerating commissions, the US taxpayer assumed the risk.
Deficits began to skyrocket during the Reagan Administration when Reagan and the US Congress agreed to whatever one side wanted as long as the other side got what they wanted. Corporations successfully lobbied to have their share of the tax burden reduced from fifty percent in 1980 to around five percent today. While CEO pay increased five to ten times what it was in 1980, while working wages have been stagnant since the 1970's. Inflation has taken hold and promises to continue to increase as long as Bernanke continues to print money, which will be until the system collapses.
Geithner said it best, there is no credible spending plan that will not cause the need to raise the debt ceiling. So, the debt ceiling is raised, and we continue the march toward higher prices and lower GDP. Unfunded federal entitlements and the lack of political will to significantly cut spending guarantee deficit spending will remain out of control. Regardless of whether the debt ceiling is raised, the system will collapse when the federal government loses the ability to borrow money. Debt to infinity proponents have said as much by describing the dire consequences of not raising the debt ceiling. The US finds itself in a position of having to cut spending, while maintaining a socialist welfare state for at least the next fifty years. Future generations will look back and wonder who were these profligates. The history books will record they were the politicians, bureaucrats, central bankers, and financiers, who contribute little to society, yet were allowed to gain a strangle hold over the world economy. When the ponzi scheme collapse, and it's almost guaranteed at this point, what will the future look like, indeed.
S&P TO DEEPLY CUT U.S. RATINGS IF DEBT PAYMENT MISSED « The Burning Platform
Tuesday, June 14, 2011
Obama vows to get people back to work - NewsObserver.com
Cree is one three companies headquartered in NC with a billion dollars in the bank. SAS and Red Hat are the other two. The private sector isn't going to get off of their hands, meaning no hiring is going to occur, until the federal government gets deficit spending under control. This also means the ball is squarely in the big O's court. Thankfully, bumbling Joe is on the case, leading up the administration's efforts to uncover government waste, like Otis from Mayberry being asked to uncover where all the moonshine's being made.
Getting a handle on deficit spending is no simple matter. There are powerful interests that like the status quo. A balanced budget amendment would go a long way, and tax reform to require corporations and individuals to pay their fair share of a progressive tax, without deductions, would just about right the Titanic.
These powerful interests, on the other hand, would rather subjugate the masses, including the US, while continuing to exploit the world's resources for their own gain. Are we truly a government of, for, and by the people, or merely a pawn in Satan's scheme of world dominion? Actions speak louder than words, Mr. President.
Obama vows to get people back to work - National - NewsObserver.com
Getting a handle on deficit spending is no simple matter. There are powerful interests that like the status quo. A balanced budget amendment would go a long way, and tax reform to require corporations and individuals to pay their fair share of a progressive tax, without deductions, would just about right the Titanic.
These powerful interests, on the other hand, would rather subjugate the masses, including the US, while continuing to exploit the world's resources for their own gain. Are we truly a government of, for, and by the people, or merely a pawn in Satan's scheme of world dominion? Actions speak louder than words, Mr. President.
Obama vows to get people back to work - National - NewsObserver.com
Sunday, May 29, 2011
Senate budget pounds Perdue staff | newsobserver.com projects
I agree, keep the Office of the Governor cuts in place, and cut the General Assembly's budget at the the same percentage as most other agencies, anywhere between 7 and 15 percent.
In general, let agencies cut all services in meeting their spending cut goals of 10 percent. Then let's start talking about where the other 90 percent of the budget is being spent.
A financial tsunami is about to hit in terms of the federal government's ability to borrow money. If our state's fiscal house is not in order, it will get swept away by the ensuing flood. The biblical reference, for those of you keeping score, is Matthew 7:24-27.
We're witnessing the end of the socialist revolution on a global scale, and possibly the fall of western civilization. How we respond to the absolute necessity to reduce federal deficit spending will determine our fate as a society. A reduction in federal deficit spending necissitates a reduction in state spending, that cannot be made up for in increased taxes.
The coming year will see states and local governments declaring bankruptcy, with the the feds doing everything they can to prop them up and maintain status quo. When will the emporer realize he's wearing no clothes? Perdue should be working with the majority in the General Assembly to cut spending, instead of protecting her sacred cows.
Senate budget pounds Perdue staff | newsobserver.com projects
In general, let agencies cut all services in meeting their spending cut goals of 10 percent. Then let's start talking about where the other 90 percent of the budget is being spent.
A financial tsunami is about to hit in terms of the federal government's ability to borrow money. If our state's fiscal house is not in order, it will get swept away by the ensuing flood. The biblical reference, for those of you keeping score, is Matthew 7:24-27.
We're witnessing the end of the socialist revolution on a global scale, and possibly the fall of western civilization. How we respond to the absolute necessity to reduce federal deficit spending will determine our fate as a society. A reduction in federal deficit spending necissitates a reduction in state spending, that cannot be made up for in increased taxes.
The coming year will see states and local governments declaring bankruptcy, with the the feds doing everything they can to prop them up and maintain status quo. When will the emporer realize he's wearing no clothes? Perdue should be working with the majority in the General Assembly to cut spending, instead of protecting her sacred cows.
Senate budget pounds Perdue staff | newsobserver.com projects
Saturday, May 28, 2011
Perdue rips into Republicans' budget - Politics - NewsObserver.com
Governor Perdue is fighting a losing battle, which, even if she wins, the war is lost. The large trend across all states is rising budget gaps. The next two years will see municipalities and states declaring bankrupt, while an already bankrupt federal government will attempt to bail them out. Perdue should be working with the majority leadership in the General Assembly to reduce the size of State Government across the board, as quickly as possible.
The surest and quickest way to cut payroll, the largest single cost factor in State Government, is to early retire all retirement eligible employees. This serves two purposes, immediately reduces the payroll by the largest margin possible, without reducing services, and makes room for new and entry level hires to fill in the gaps, thereby raising the State's employment rate.
Instead, Beverly "do as I say, not as I do" Perdue seems intent on iterating the worn out mantra of the socialist welfare state, which is crumbling on a global scale, and willing to go down fighting, instead of helping to brought about a new world order. The survival of our state depends on getting our fiscal house in order, or there will be a new breed of carpet bagger coming to call, global corporatists. Another risk is the confiscation of the State's pension fund.
Cowell should be buying physical gold and silver, like the university of Texas has done. We'll need it to back our own currency, like Utah is preparing to do.
Cooper should be pursuing mortgage fraud, instead of looking the other way, as the other 49 state attorneys general are doing.
The collapse of the US Dollar is no small matter, and our state should be doing everything it can to extricate itself from the grasp of the federal government, the most bloated and corrupt government in the history of the world, instead of Perdue's complicity.
Rising food and fuel prices, and sovereign debt is causing a global epidemic of civil unrest. We can avoid it in our own communities by eliminating socialist welfare spending, cutting taxes in order to create jobs in the private sector, and reigning in power of government. The other alternative is a police state. Which will you choose? There are those who would prefer a police state, most of those participated in the civil rights movement, and would support a police state as a means of furthering their own agenda. Most reasoning people would choose individual liberty, which means limiting the power of the state, and is the basis upon which the US Constitution was written. The TSA is allowed to violate the 4th amendment prohibiting unreasonable search and seizure, now the State of Illinois allows police to enter a person's house without probable cause. As a nation and a society, we must reverse the tide of the police state, and assume responsibility for ourselves, including the elimination of the welfare state. Welfare and Police state go hand in hand, again, which will you choose, as the choice is each person's individually, and collectively at the ballot box. You and I decide, and in the immortal words of Patrick Henry spoken in 1775, "Give me liberty, or give me death".
The power of government resides not in the states, as was decided by the war between the states. It remains to be seen whether it will reside in the people.
Perdue rips into Republicans' budget - Politics - NewsObserver.com
The surest and quickest way to cut payroll, the largest single cost factor in State Government, is to early retire all retirement eligible employees. This serves two purposes, immediately reduces the payroll by the largest margin possible, without reducing services, and makes room for new and entry level hires to fill in the gaps, thereby raising the State's employment rate.
Instead, Beverly "do as I say, not as I do" Perdue seems intent on iterating the worn out mantra of the socialist welfare state, which is crumbling on a global scale, and willing to go down fighting, instead of helping to brought about a new world order. The survival of our state depends on getting our fiscal house in order, or there will be a new breed of carpet bagger coming to call, global corporatists. Another risk is the confiscation of the State's pension fund.
Cowell should be buying physical gold and silver, like the university of Texas has done. We'll need it to back our own currency, like Utah is preparing to do.
Cooper should be pursuing mortgage fraud, instead of looking the other way, as the other 49 state attorneys general are doing.
The collapse of the US Dollar is no small matter, and our state should be doing everything it can to extricate itself from the grasp of the federal government, the most bloated and corrupt government in the history of the world, instead of Perdue's complicity.
Rising food and fuel prices, and sovereign debt is causing a global epidemic of civil unrest. We can avoid it in our own communities by eliminating socialist welfare spending, cutting taxes in order to create jobs in the private sector, and reigning in power of government. The other alternative is a police state. Which will you choose? There are those who would prefer a police state, most of those participated in the civil rights movement, and would support a police state as a means of furthering their own agenda. Most reasoning people would choose individual liberty, which means limiting the power of the state, and is the basis upon which the US Constitution was written. The TSA is allowed to violate the 4th amendment prohibiting unreasonable search and seizure, now the State of Illinois allows police to enter a person's house without probable cause. As a nation and a society, we must reverse the tide of the police state, and assume responsibility for ourselves, including the elimination of the welfare state. Welfare and Police state go hand in hand, again, which will you choose, as the choice is each person's individually, and collectively at the ballot box. You and I decide, and in the immortal words of Patrick Henry spoken in 1775, "Give me liberty, or give me death".
The power of government resides not in the states, as was decided by the war between the states. It remains to be seen whether it will reside in the people.
Perdue rips into Republicans' budget - Politics - NewsObserver.com
Thursday, May 19, 2011
Registers of Deeds as Unexpected Foot Soldiers Fighting Mortgage Abuses? « naked capitalism
AA, very good point. Registrars are public officials and should be notified, if they haven't been already.
The other point I wanted to make is a big thank you to Yves for her unwavering commitment to uncovering mortgage fraud. Easy credit driving caused the housing bubble, and if that's all there was to it, that would be the end of it. Instead our global financial system is in havoc, the US federal government owns 46% of all foreclosed property, federal deficit spending has been increasing exponentially since the end of WWII, we have an inequitable tax code where corporations pay little or no taxes, and 10% of income goes to the top 1% of households.
Gas prices were the tipping point to the mortgage fraud. Mortgage fraud may very well be the tipping point to the collapse of the dollar. The inability of federal regulators to prosecute fraud only means that maintaining status quo is more important than the law. Perhaps the states attorneys general can wield a bit more influence.
I'm proud that a North Carolina Registrar is one of those fighting the good fight, and I intend to send this article to my local and national elected representatives. If the Attorney General of North Carolina published an e-mail address, I would send a copy to his office, as well.
Registers of Deeds as Unexpected Foot Soldiers Fighting Mortgage Abuses? « naked capitalism
The other point I wanted to make is a big thank you to Yves for her unwavering commitment to uncovering mortgage fraud. Easy credit driving caused the housing bubble, and if that's all there was to it, that would be the end of it. Instead our global financial system is in havoc, the US federal government owns 46% of all foreclosed property, federal deficit spending has been increasing exponentially since the end of WWII, we have an inequitable tax code where corporations pay little or no taxes, and 10% of income goes to the top 1% of households.
Gas prices were the tipping point to the mortgage fraud. Mortgage fraud may very well be the tipping point to the collapse of the dollar. The inability of federal regulators to prosecute fraud only means that maintaining status quo is more important than the law. Perhaps the states attorneys general can wield a bit more influence.
I'm proud that a North Carolina Registrar is one of those fighting the good fight, and I intend to send this article to my local and national elected representatives. If the Attorney General of North Carolina published an e-mail address, I would send a copy to his office, as well.
Registers of Deeds as Unexpected Foot Soldiers Fighting Mortgage Abuses? « naked capitalism
Sunday, May 15, 2011
The New York Fed Working to Bend Real Estate Law to Suit Needs of Banks « naked capitalism
I tend to agree with the crisis not ending until "rule of law" is restored. However, the defenders of the status quo, our current monetary system, will gladly change the law to suit their purposes. Not only did the Fed inject $T's in liquidity to banks all over the world, but toxic mortgages were bought from these banks, leaving the public holding both end of the bag.
$6.5T lost in housing equity, and $T's more in public debt. This isn't going to end well. A balanced budget amendment and tax reform will go a long way. Let the big banks have their way, as long as everyone pays their fair share of the tax burden, and our federal government quits spending more than it takes in in tax reciepts.
The New York Fed Working to Bend Real Estate Law to Suit Needs of Banks « naked capitalism
$6.5T lost in housing equity, and $T's more in public debt. This isn't going to end well. A balanced budget amendment and tax reform will go a long way. Let the big banks have their way, as long as everyone pays their fair share of the tax burden, and our federal government quits spending more than it takes in in tax reciepts.
The New York Fed Working to Bend Real Estate Law to Suit Needs of Banks « naked capitalism
Wednesday, May 11, 2011
Budget Whack a Mole | newsobserver.com projects
Holy Cow, I wish this much attention was being paid to the budget when it was being doubled in the ten years leading up to 2008. As was the case last year, it doesn't matter what budget is passed, tax revenues will likely fall short, and even more spending cuts are going to have to be made.
Gov Dumpling is going to be hard pressed to get her education agenda in there without offering up offsets in spending somewhere else. Can't raise taxes and can't blame it on the Republicans. We're in the worst economy in seventy years, and I would advise the state to start planning for further cuts.
As energy and food prices continue to climb and stimulus spending trickles upward, wages remain flat, and it's highly likely the wheels come off the economy before 2012 elections. Barry Goldwater said that federal pensions and interest on the national debt will freeze federal spending by 2020, and we may arrive at that destination sooner than anyone realizes when federal deficit spending collides with a sell off in US treasuries.
A federal balanced budget amendment is what is needed now, as well as tax reform for both individuals and corporations to counter accumulation of wealth in the top 1% of US households, who aren't paying their fair share. Federal pensions will continue to garner their automatic COLA, while everyone else except the the wealthy suffer, and the poor suffer the most. No, Progressive Pulse, that doesn't mean spend more :), it means balance the federal budget, and reform tax policy. It will take an act of God to accomplish, and God help us all.
Budget Whack a Mole | newsobserver.com projects
Gov Dumpling is going to be hard pressed to get her education agenda in there without offering up offsets in spending somewhere else. Can't raise taxes and can't blame it on the Republicans. We're in the worst economy in seventy years, and I would advise the state to start planning for further cuts.
As energy and food prices continue to climb and stimulus spending trickles upward, wages remain flat, and it's highly likely the wheels come off the economy before 2012 elections. Barry Goldwater said that federal pensions and interest on the national debt will freeze federal spending by 2020, and we may arrive at that destination sooner than anyone realizes when federal deficit spending collides with a sell off in US treasuries.
A federal balanced budget amendment is what is needed now, as well as tax reform for both individuals and corporations to counter accumulation of wealth in the top 1% of US households, who aren't paying their fair share. Federal pensions will continue to garner their automatic COLA, while everyone else except the the wealthy suffer, and the poor suffer the most. No, Progressive Pulse, that doesn't mean spend more :), it means balance the federal budget, and reform tax policy. It will take an act of God to accomplish, and God help us all.
Budget Whack a Mole | newsobserver.com projects
Sunday, May 8, 2011
WASHINGTON WILL DO NOTHING UNTIL CRISIS HITS « The Burning Platform
Geithner has stated he needs a $2T line of credit by May 15, giving himself 4 weeks before runaway federal deficit spending burns through April's tax receipts. The debt ceiling will be raised, after much debate, because no one in Washington has any interest in cutting spending, only maintaining status quo. Unfortunately for them, the current status quo is unsustainable. As the economy continues to flat line, and each additional deficit dollar spent continues to trickle up, and people begin feeling the cuts in State spending, Muni and Pension defaults, or any of a myriad number of unpleasant scenarios, and the backlash against Washington will come in 2012. That is if we even have elections in 2012, and a national state of emergency doesn't exist. There are too many vested interests that stand to lose too much to allow a Constitutional Convention, or whether one would even produce workable reform. It may be, too, that things will have gotten so bad, that a Constitutional Convention will be the only viable option. It's hard to say whether things will get bad enough to topple the current government, but it's painfully obvious the TPTB will sacrifice all before conceding defeat. Hence, even though "utter damnation and chaos are not pre-ordained," that may very well be what it takes to reverse course and end deficit spending.
The social problems facing our nation can be addressed through tax reform, but not without a balanced budget amendment. One could even go so far as to suggest levying a one time wealth tax to pay off the national debt, given that those who have accrued the most, bear the larger responsibility for the burden, but again, not without a balanced budget amendment.
There are many problems facing our society, but the largest and most immediate threat is runaway federal deficit spending, hidden behind the guise of quantitative easing and stimulus pork spending. If Washington can't or won't do anything to end it, the people will, and with the same abandon by which this crisis was thrust upon us, whatever it takes.
Gates and Buffet have threatened to take their $B's and run if reform is enacted. Let them, but their tyranny will not stand.
WASHINGTON WILL DO NOTHING UNTIL CRISIS HITS « The Burning Platform
The social problems facing our nation can be addressed through tax reform, but not without a balanced budget amendment. One could even go so far as to suggest levying a one time wealth tax to pay off the national debt, given that those who have accrued the most, bear the larger responsibility for the burden, but again, not without a balanced budget amendment.
There are many problems facing our society, but the largest and most immediate threat is runaway federal deficit spending, hidden behind the guise of quantitative easing and stimulus pork spending. If Washington can't or won't do anything to end it, the people will, and with the same abandon by which this crisis was thrust upon us, whatever it takes.
Gates and Buffet have threatened to take their $B's and run if reform is enacted. Let them, but their tyranny will not stand.
WASHINGTON WILL DO NOTHING UNTIL CRISIS HITS « The Burning Platform
Thursday, May 5, 2011
Naked Capitalism: Jamie Dimon Says Banks Are Being Nice to You When They Take Your House
"Why not just go old school with “let them eat cake”?" LOL
Since our government relieved the banks of toxic loans, and nearly 100% of all new loans are underwritten by Freddie and Fannie, as I understand it, then the banks aren't on the hook for the loans they're servicing. Most likely, the owner of the note is Freddie or Fannie, or some other entity.
These obligations have already been discounted by the markets.
As QE winds down, and the economy resets, foreclosure rates can be expected to increase in a big way. If QE3 is enacted, then the end of the dollar is near. There is no clear way out of this mess without stabilizing the economy, which begins with addressing wealth and income disparity and corporate tax reform. Status quo is unsustainable, and we ignore the causes of the instability at our own peril.
Naked Capitalism: Jamie Dimon Says Banks Are Being Nice to You When They Take Your House
Since our government relieved the banks of toxic loans, and nearly 100% of all new loans are underwritten by Freddie and Fannie, as I understand it, then the banks aren't on the hook for the loans they're servicing. Most likely, the owner of the note is Freddie or Fannie, or some other entity.
These obligations have already been discounted by the markets.
As QE winds down, and the economy resets, foreclosure rates can be expected to increase in a big way. If QE3 is enacted, then the end of the dollar is near. There is no clear way out of this mess without stabilizing the economy, which begins with addressing wealth and income disparity and corporate tax reform. Status quo is unsustainable, and we ignore the causes of the instability at our own peril.
Naked Capitalism: Jamie Dimon Says Banks Are Being Nice to You When They Take Your House
Statement from the Budget and Tax Center on HB 200 Passing the House
First off, we're not in a recovery, not by a long shot, and not until the fraud and corruption that caused it is rooted out and uncovered.
Second, what discredited economic theory? Cutting taxes and cutting spending will invite private investment, which is the one thing that will revive the economy, minus the fraud and corruption that caused the collapse in the first place. Neoliberalism is what is discredited, or will be, if we survive the Fed.
The rest of your piece hinges on the first two points, and there's no point in further discussion. "History bears out the value of public investment"? Not when it crowds out private investment. The problem is federal, the symptoms are local and state.
The middle class is an endangered species, unless wealth and income disparity and corporate tax reform is addressed.
Statement from the Budget and Tax Center on HB 200 Passing the House
Second, what discredited economic theory? Cutting taxes and cutting spending will invite private investment, which is the one thing that will revive the economy, minus the fraud and corruption that caused the collapse in the first place. Neoliberalism is what is discredited, or will be, if we survive the Fed.
The rest of your piece hinges on the first two points, and there's no point in further discussion. "History bears out the value of public investment"? Not when it crowds out private investment. The problem is federal, the symptoms are local and state.
The middle class is an endangered species, unless wealth and income disparity and corporate tax reform is addressed.
Statement from the Budget and Tax Center on HB 200 Passing the House
Friday, April 29, 2011
PRINTOCCHIO « The Burning Platform
April 15 was tax day. It's going to take approximately two months for the feds to burn through the receipts, then the deficit takes off like a rocket. No one is going to buy US Debt, except the Fed. So the earliest the wheels come off is the middle of June, unless some other black swan event happens. it's possible extend and pretend can extend a little longer. The Ben may have put off a depression by guaranteeing the collapse of western civilization. It's a good thing we spend more money on defense than all other nations in the world combined, because that's how this plays out. Ben's plan works if every other nation in the world capitulates to the dollar. But even all of these are a smoke screen.
The real cause of the US economic problems are simple. First is the amount of GDP flowing to the top 1% of households, and the second is the level of taxes corporations pay compared to individuals. These two issues are readily fixed if the US Congress would do their jobs. Without fixing these, there's no recovery.
PRINTOCCHIO « The Burning Platform
The real cause of the US economic problems are simple. First is the amount of GDP flowing to the top 1% of households, and the second is the level of taxes corporations pay compared to individuals. These two issues are readily fixed if the US Congress would do their jobs. Without fixing these, there's no recovery.
PRINTOCCHIO « The Burning Platform
Saturday, April 16, 2011
Tillis meets with groups about state health plan - Politics - NewsObserver.com
The State Health Plan was changed only recently from being fully vested at 5 years to being fully vested at 20 years of employment. Scott Anderson can view it as compensation if he likes, but the simple fact of the matter is North Carolina is self insured, and the plan needs and should pay for itself. It's not compensation, it's a self sustaining benefit. Should the servicing plan with BCBS be scrutinized? Probably, but the State Health Plan has to pay it's own freight, meaning it's members pay the premiums, choose healthy alternatives, and maybe support the medical claims tort reform the Legislature is proposing.
This may enrage those of you who favor a nanny state, but we're witnessing the failure of the socialist revolution on a global scale. North Carolina can reform it's spending priorities now or potentially find itself in a worse position in coming years. Even the NCAE has to recognize having any benefits is better than none. One can even surmise, as the Federal Government reigns in the deficit, if that's even possible in this political climate, that North Carolina may find itself a net recipient of skilled talent as people leave states with failed economies and high taxes. Let's see to it North Carolina doesn't lose ground in very difficult circumstances.
The best thing in this situation is for the House to find the votes it needs to override the Governor's vote buying veto and get on with the state's business. Let me reiterate the State Health Plan should be self sustaining, and put the servicing plan out for bid. Insurance is not a losing business. It's time the NCAE learns to stand on their own two feet. The same for anyone else who wants nanny to take care of them.
Tillis meets with groups about state health plan - Politics - NewsObserver.com
This may enrage those of you who favor a nanny state, but we're witnessing the failure of the socialist revolution on a global scale. North Carolina can reform it's spending priorities now or potentially find itself in a worse position in coming years. Even the NCAE has to recognize having any benefits is better than none. One can even surmise, as the Federal Government reigns in the deficit, if that's even possible in this political climate, that North Carolina may find itself a net recipient of skilled talent as people leave states with failed economies and high taxes. Let's see to it North Carolina doesn't lose ground in very difficult circumstances.
The best thing in this situation is for the House to find the votes it needs to override the Governor's vote buying veto and get on with the state's business. Let me reiterate the State Health Plan should be self sustaining, and put the servicing plan out for bid. Insurance is not a losing business. It's time the NCAE learns to stand on their own two feet. The same for anyone else who wants nanny to take care of them.
Tillis meets with groups about state health plan - Politics - NewsObserver.com
Monday, April 11, 2011
ADMINISTRATOR ENLISTS IN THE FREE SHIT ARMY « The Burning Platform
“Eliminate all deductions, all loopholes, and all credits, for everyone. I’m not tied to a flat tax or fair tax or a particular rate.” Absolutely, no question about it, but it won’t happen.
Pass a balanced budget amendment and require a super majority before raising taxes, it won’t happen.
End the income tax, instead of adding wealth and value added taxes, still won’t happen.
All of these things need to happen but won’t. What will happen is the logical conclusion to a game of buying votes with borrowed money, and when there’s no more $$, we’ll print more, bidding up the cost of votes. The FSA marches on!
Oh, forgot to mention, this only works for the Feds, the states have to balance their budgets, and have their hands out, too. Better crank up the presses!
Can WWIII be far behind, or will the world capitulate to dollar denominated rule? Stay tuned!
ADMINISTRATOR ENLISTS IN THE FREE SHIT ARMY « The Burning Platform
Pass a balanced budget amendment and require a super majority before raising taxes, it won’t happen.
End the income tax, instead of adding wealth and value added taxes, still won’t happen.
All of these things need to happen but won’t. What will happen is the logical conclusion to a game of buying votes with borrowed money, and when there’s no more $$, we’ll print more, bidding up the cost of votes. The FSA marches on!
Oh, forgot to mention, this only works for the Feds, the states have to balance their budgets, and have their hands out, too. Better crank up the presses!
Can WWIII be far behind, or will the world capitulate to dollar denominated rule? Stay tuned!
ADMINISTRATOR ENLISTS IN THE FREE SHIT ARMY « The Burning Platform
Sunday, April 10, 2011
RE’s Daily Rant-4/9/2011 « The Burning Platform
@So Very Doomed said, “A 90%+ Die Off seems certain in the Occident.”
Not very likely, even if we were to revert to a late 19th century means of production, although a die off of any magnitude will seem like it’s 90%.
RE made a point (ugh) that as fossil fuels become more scarce, the more powerful will consume them. If that were the case, that would be the end of discussion, however, one has to consider natural gas, and coal production as means of producing electricity, not to overlook nuclear. So, the argument isn’t as simple as RE makes it out.
How does one resolve the poverty problem? How simple does it have to be? Beginning with LBJ and the great society, you pay people to have babies, they have babies. Beginning with Harry Reid and Nancy Pelosi, you pay people to not work, they don’t work. The fix is easy, quit disincentivising those who produce, and stop incentivising those who don’t.
I’m not familiar with MA’s five years of hell, but basically, our socialist state created the problem, and we’re experiencing the results. The fix will not be pleasant, but better than continuation of the problem. Until we own up to the failures of the socialist state, we ARE doomed.
At some point, even the statists in Washington will wake up to the fact the socialist model is failure. The only question left is whether they will resign peacefully or by force.
RE’s Daily Rant-4/9/2011 « The Burning Platform
Not very likely, even if we were to revert to a late 19th century means of production, although a die off of any magnitude will seem like it’s 90%.
RE made a point (ugh) that as fossil fuels become more scarce, the more powerful will consume them. If that were the case, that would be the end of discussion, however, one has to consider natural gas, and coal production as means of producing electricity, not to overlook nuclear. So, the argument isn’t as simple as RE makes it out.
How does one resolve the poverty problem? How simple does it have to be? Beginning with LBJ and the great society, you pay people to have babies, they have babies. Beginning with Harry Reid and Nancy Pelosi, you pay people to not work, they don’t work. The fix is easy, quit disincentivising those who produce, and stop incentivising those who don’t.
I’m not familiar with MA’s five years of hell, but basically, our socialist state created the problem, and we’re experiencing the results. The fix will not be pleasant, but better than continuation of the problem. Until we own up to the failures of the socialist state, we ARE doomed.
At some point, even the statists in Washington will wake up to the fact the socialist model is failure. The only question left is whether they will resign peacefully or by force.
RE’s Daily Rant-4/9/2011 « The Burning Platform
DOWNWARD SPIRAL INTO THE ABYSS « The Burning Platform
What we are witnessing is the end of the socialist revolution, begun in 1917, and we are at a crossroad. Call it a fourth turning, the end of a seventy year business cycle, the decline of the empire, or the end of civilization as we know it, greed at the top levels is about to reach it’s ultimate conclusion.
No doubt there are various forces that conspire to bring about a one world government, but they will govern a wasteland. There are two paths which our society can take, totalitarian government or individual freedom. The statists will prefer any government that maintains status quo, at the expense and to the detriment of all. The alternative is for a right minded and God fearing people to defend their lives, their liberty and their way of life by any and all means necessary to correct the domestic abuses that are causing nations to revolt.
Should the federal government continue in it’s headlong rush toward financial armageddon by refusing to reign in spending, it’s going to find itself isolated from the very states that form it’s constituency, and may very well face dissolution by constitutional convention.
DOWNWARD SPIRAL INTO THE ABYSS « The Burning Platform
No doubt there are various forces that conspire to bring about a one world government, but they will govern a wasteland. There are two paths which our society can take, totalitarian government or individual freedom. The statists will prefer any government that maintains status quo, at the expense and to the detriment of all. The alternative is for a right minded and God fearing people to defend their lives, their liberty and their way of life by any and all means necessary to correct the domestic abuses that are causing nations to revolt.
Should the federal government continue in it’s headlong rush toward financial armageddon by refusing to reign in spending, it’s going to find itself isolated from the very states that form it’s constituency, and may very well face dissolution by constitutional convention.
DOWNWARD SPIRAL INTO THE ABYSS « The Burning Platform
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