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
Friday, July 29, 2011
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
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