Socialism cannot compete!

The Case for Depression, Part 4: Dollar Collapse

User 353732 for President, 2012!!! Dude (dudess?) gets it! Understands the basis for human freedom and prosperity is personal character! Understands limited government, to *serve* the people, not subjugate them. PLEASE run. Although...that would require revealing yourself. ;) We are curious to know more about who you are. You're more than just a number to us, ya know! (Can you hear the line in Ben Hur: "row well, 353732, and live!")


On Nov 25 08:05 AM User 353732 wrote:

> The stable dollar was not the cause of America's growth and ascent
> to global hyperpower status. It was a consequence.
> It was the manifestation of American exceptionalism based in liberty
> and a profound sense of mission...the mission of global inclusiveness
> into the blessings of freedom so abundantly bestowed on America.
> Free markets, free elections, free speech, free thought and the freedom
> to experiment and innovate and the freedom to succeed and fail.
>
> A deeply Middle Class nation, America embodied traditional middle
> class virtues and values and the dollar was the projection of these
> virtues and values.
>
> The dollar was a symbol of honor because during its great ascent
> America was an honorable Nation that believed in getting by giving,
> in working and producing, saving and investing. The dollar was sound
> because the middle class was strong and America was sound.
> Now the middle class is enervated and weakening by the day. The occupation
> Regime that now rules the USA has contempt for American traditions
> and legacy values; it dishonors America's history and mocks its Constitution;
> it despises the productive middle class.
>
> The dollar is now horribly disfigured and debased because America
> itself has been degraded by the Regime. As the middle class falls,
> so America falls. The dollar reflects this descent. The dollar is
> no longer sound because occupied America is no longer sound. The
> economic calamity that is impending and is prefigured by the dollar's
> descent into shame is the logical consequence of the moral and intellectual
> calamities that are already being inflicted on America.
>
> When America is re-liberated and the occupation ends, then there
> will be a new America, a renewed and expanded middle class and a
> new dollar that will again be an honorable store of value and medium
> of exchange.

GE Is David Hartzell's Highest Conviction Holding - Here's Why

Management team one of the best in the business??? How can he even try to claim this? Immelt has run this company into the ground. Welch was BIB. Immelt is not even a shadow of Welch!

10 Reasons to Believe That We're in a Depression

Sorry, pal...your Muslim friends invaded us. I'll take a little strife as the price of freedom, thank you.


On Nov 19 02:04 PM Wadhamite wrote:

> The Great Depression ended with a world war. Now that America has
> invaded the Muslim world, events are lining up for a repeat. Do we
> want international strife and conflict to replace economic grief?
> Isn't there something beautiful in the Buddhistic non-materialistic,
> non-competitive, non-stressed lifestyle? Going forward, America isn't
> going to be at the top any more; but everyone may be better off spiritually
> and emotionally.

A Rough Day at the Office for Tim Geithner

How DARE he blame this mess on Bush! W certainly went along with all the ill-conceived (and some even fraudulent) activities that led to this economic collapse...but he did not initiate those activities. Look to the policies of the Fed and the Socialist Democrats' social engineering of housing (Fannie, Freddie, the Community Reinvestment Act, etc.) for that. Tax Cheat Timmy is more to blame than W -- he should have played a role in preventing the excess risk-taking that was going on in the financial sector, even though that was downstream from the root causes: socialism. Now, as Treasury Secretary, he is doubly complicit, as his current activities assist in foisting *increased* debt and socialism as the supposed means of curing all our economic ills!

The man is now not just a tax cheat and derelicter of duties...but also now a liar and guilty of slander!!

U.S. Job Losses Demystified

You are deceived and deluded. China is not free by any stretch, but economically it has been moving towards capitalism, rather than away. Meanwhile, the U.S. is moving away from it. Look at the economic trends for both countries -- the results are clear: moving toward greater government control results in stagnancy; moving towards free market capitalism results in growth. Liberty begets prosperity -- and that is not a rule that can be controverted nor will ever expire.


On Nov 15 08:49 PM LCACM wrote:

> The author and others are still stuck in classical economic thinking.
> Most of the classical economics developed at a time when large chunks
> of Asia were colonies and were not significant economic players.
> Now Asian economies are strong economic competitors and this fact
> should be considered when thinking of econmic policies. By and large,
> Asians have strong faith in their respective government and this
> is borne by the fact that the high growth economies of China and
> India have been guided by strong central government policies. <br/>Considering
> the fact that Asian countries have been succesful using Government
> directed economies, US will need to rethink it's traditional Laisses
> Faire, anti-Government thinking, if it wants to survive economically.

U.S. Job Losses Demystified

It will lend to you if it gets sued to do so...by a Chicago thug socialist:

www.mediacircus.com/20.../


On Nov 16 08:42 AM gzulauf wrote:

> Most of the comments above forget that our economy is heavily based
> upon intangible trust. Even if my taxes are high (they are not in
> America) and regulation exists to keep me honest, my bank will not
> lend to me if it feels I will not have a good chance of repaying
> the loan. (The same bank loaned to me two years ago and saw me as
> a very good risk.) In addition, if I am a smart businessman, I will
> not seek a loan if my customers have left because of an uncertain
> financial future. No reduction in taxes or changes in regulations
> will bring my customers back. Not until trust in 'paying' returns
> will this economy get back to what we all consider normal. It will
> happen without government intervention. But, how long are we willing
> to wait for the patient to heal thyself.

U.S. Job Losses Demystified

And Tax Cheat Timmy!!


On Nov 16 11:01 AM D. McHattie wrote:

> I won't believe Obama is making forward progress until he gets rid
> of Larry Summers. The guy is poison.

U.S. Job Losses Demystified

Too true. Biz can use the big stick of "its cheaper abroad" as leverage for regulation and tax policy that suits it, but not workers. Those decrying "protectionism" would do well to reconsider.


On Nov 15 02:08 PM [e-mail] wrote:

> The real unfortunate part of this story is that many BIG businesses
> are in bed with government and love central control. It eliminates
> competition, adds to big business profits along with many politicians
> receiving large donations from the selected big business elite few.
> This program of raping the public has been going on for over a century.
> I have tried to place all the blame on government, but big business
> is just as guilty for our present mess. To overcome this double obstacle
> will take Herculean effort.

Should the Federal Reserve Be Doing More?

Do more? The Fed should not EXIST!!

Wall Street Breakfast: Must-Know News

So...no national security concerns there with GE "joint venturing" with AVIC. :( How in h#ll have we allowed this to continue???


On Nov 16 09:34 AM Kolk Abuk wrote:

> GE's planned 50-50 joint venture with Aviation Industry Corporation
> (AVIC) of China illustrates a fundamental leverage that finance has
> over good sense where national interests are concerned. From AVIC's
> own website here:
>
> www.avic.com.cn/EN/cop...
>
> "China Aviation Industry Corporation (AVIC) is an ultra large state-owned
> enterprise and an investment institution, authorized and managed
> by the Central People’s Government...
>
> AVIC develops in series fighter, fighter bomber, bomber, transport,
> trainer, reconnaissance aircraft, helicopter, attack aircraft, general
> aviation aircraft, UAV, etc. It also develops engines and missiles,
> such as turboprop engines, turbo-shaft engines, turbojets, turbofans,
> air-to-air missiles, air-to-surface missiles and ground-to-air missiles.
> It develops and builds brand aircraft including J-10, FBC-1, FC-1,
> L-15, JL-9, etc., brand engines such as Taihang, Qinling, Kunlun,
> etc. It provides advanced aviation-weaponry to Chinese military forces."

Wall Street Breakfast: Must-Know News

That's what this form of socialism is: government picking winners. The way that control is exerted is that each company knows it must comply with the agenda if it wants to be among the chosen. The only recourse the public has right now is to boycott those "chosen" companies...Congress is *not* listening to the people.


On Nov 16 09:46 AM Dave M. wrote:

> Go witness the outrage (message boards set up) of the Delphi non-union
> employees who had their pensions slashed while the unionized employees
> did not. That's Obama filling the pockets of certain Americans in
> a discriminatory fashion. Hope and change on a selective basis. Makes
> me sick.

Wall Street Breakfast: Must-Know News

* GE execs should be tried for treason!
* Thomas Hoenig gets it.
* Let GM/Opel fail!! No American tax $$ to Opel!!!

GM Looks to Use U.S. and Canadian Tax Money to Bail Out Opel

The fleecing of the American taxpayer continues. Wonder if Opel execs are not limited by the pay czar? Maybe there will be a "restructuring" in which GM ends up as a subsidiary of Opel after a "capital move" in which Opel ends up with the green balance sheet and GM the red ink...and then Opel execs, formerly GM execs based in U.S., will be uncapped? In any case...this DEFRAUDING of the taxpayer should never have been begun, and must be ENDED before further damage is inflicted!!!

P.S. -- I will never buy another GM vehicle. No company that has received a dime of TARP, TALF, etc. will get any of my business! EVER.

Market Destruction: Mass Media Finally Catching On?

"Keynesian Economics and its offshoot ("Chicago" economic theory) is, at its core, a scam. Not because the idea is invalid..."

Actually, I believe it IS invalid: government does not have money of its own -- any spending it does takes away from those who fund government and would do something else with that money. It is at least invalid in terms of Liberty and property rights. I believe it is also fundamentally unsound and invalid economically because all it is is debt creation in order to prevent slackening of demand -- trying to deny economic cycles is futile, and Keynesianism only exacerbates problems when they are finally actualized.

Capitalism Is for the Other Guy

Mmmm...mmmm...mmm!! Oh...oops. That's reserved for that *other* IL politician -- the mirror image of good old Honest Abe!


On Nov 13 09:20 AM The Geoffster wrote:

> Any people anywhere, being inclined and having the power, have the
> right to rise up, and shake off the existing government, and form
> a new one that suits them better. This is a most valuable - a most
> sacred right - a right, which we hope and believe, is to liberate
> the world.
> Abraham Lincoln