Permacritical

Why Stocks Will Collapse This Fall

I lived in California twice. I really like the place visually and conceptually, but normal people can't afford it thus I rejoice when they fall and all those state, county, and city employees get axed via outright job loss or drastic cuts in their easy street benefits, especially the cops.

Sucker's Rally Approaching an End

How can you write an article like this, which I basically agree with the intellectual and predictive tone of and then state that the government intervention was too little too late. What are you some kind of Stalinist? Just when you think someone is smart they haul off and make a dumb ass comment like that. I question your sanity!

Sucker's Rally Approaching an End

How can you write an article like this, which I basically agree with the intellectual and predictive tone of and then state that the government intervention was too little too late. What are you some kind of Stalinist? Just when you think someone is smart they haul off and make a dumb ass comment like that. I question your sanity!

Recent Policy Decisions and a Greater Depression

Great assessment. You must be acquainted with Peter Schiff.

The Bailouts Are Doomed - All of Them

Okay but again you are blaming the free market and not federal power in your conclusion. Unfortunately you are not part of the solution but the problem. Hopefully people don't read your article to its conclusion. Pin the blame where it belongs, it makes a difference in what happens going forward. If the free market is to blame, then guess what - we get more regulation from those who directly feed off of the free market - aka. parasites. If it is the government, then we get the solution - LESS GOVERNMENT and a REAL DIFFERENCE!!!! Choose this day whom you will serve!

A Capitalist Reformation

Agree wholeheartedly! Another media type afraid to call things what they really are. Capitalism is almost dead and socialism is firmly in place. Hybrid 21st century capitalism is merely creeping deceitful socialism, lets not be cowards and start calling things what they are. Any government program has the paradigm "take from everybody, give to a few, while the bureaucracy takes their 60% off the top. Everybody wants their piece of the action and why not everybody pays for it, the rich, middle class, and poor! When the dollar dies nobody will care about anyone but themselves. As Government jobs increase real private sector and actual production declines. This is why the Feds have systemically blinded our eyes by removing M1 money supply data, secretly entered service and loan data into GDP numbers, and show governments jobs as jobs created. For many years we always looked good with these numbers as our private and public debt was leading us down the primrose path to Hades. They voted themselves pay increases during the so called "boom " years for a job well done. They take credit for the booms and demonize capitalism for any failures. The response is more government control as if they were the only unbiased entity in the economic food chain. When people get punished for saving by paying high taxes on dividend income and rewarded for going into debt, then this is a 100% government created problem. They have masterfully marketed themselves as the saviors once again and the stupid American public has bought into it hook line and sinker. In the end I hope I can keep my wife, family, and home. The true capitalist only needs the gun and gold. To hell with all the liars and those that would use this country's wealth to enrich themselves. Mainland China is more capitalist than this place!


On Nov 06 10:14 AM cgr wrote:

> You are obviously not a Reagan Republican. The system that you are
> criticizing is socialism not capitalism. Socialism creates public
> debt. Capitalism is not premised on greed but rather on voluntary
> mutual exchanges. BTW, the US still produces over 20% of the worlds
> good with only 4% of the world's population.

The Shallowest Generation

I concur we are all to blame, but in particular the "greatest" generation - more appropriately the WORST generation for creating the ponzi scheme of Social Security, which as yet has gone unfixed since its origins. How can a generation be great that votes themselves a giant pay raise being the main beneficiary. You call this sacrifice! How can a program be consider great when it constantly needs fixing, the main fix being constantly needing more money. The ones that sacrificed were dead prior to 1945. The ones that lived, lived off the fat of the land. Since most of them were drafted it was not a volunteer army either. Clearly they are closer to the WORST generation than the "greatest" generation. Since Tom Brokaw coined the phrase, then it must be load of crapola.


On Nov 02 07:02 PM moonbat1775 wrote:

> I blame the generation that allowed the Federal Reserve to be created.
> It has been downhill since then.
>
> The Fed:
> 1. Financed WWI.
> 2. Caused boom of the 1920's that led to the Great Depression
> 3. which led to huge social spending
> 4. and WWII
> 5. which killed over 50 million
> 6. which led WWII generation to think they were special.