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  • Destruction of Demand [View article]
    SoCalSailor, I just had to reply so I could make sure I keep track of this quote, that's a refreshing change to hear it from a pastor!


    On Feb 22 12:04 PM SoCalSailor wrote:

    > Pastor Adrian Rogers explained how many Americans feel today.
    >
    > "You cannot legislate the poor into freedom by legislating the wealthy
    > out of freedom. What one person receives without working for, another
    > person must work for without receiving. The government cannot give
    > to anybody anything that the government does not first take from
    > somebody else. When half of the people get the idea that they do
    > not have to work because the other half is going to take care of
    > them, and when the other half gets the idea that it does no good
    > to work because somebody else is going to get what they work for,
    > that my dear friend, is about the end of any nation. You cannot multiply
    > wealth by dividing it."
    >
    > Is this guy talking about the AIG Financial Services wizards? Or
    > perhaps Goldman Sachs? Lehman Bros?
    Feb 22 21:11 pm |Rating: +1 -1 |Link to Comment
  • Predatory Legislators [View article]
    Bravo! I implore everyone to read what fireball wrote.

    Its a little rough, I'll admit, but hell I would take 'rough' over 'stagnant' for the benefit in the long run!


    On Feb 22 10:11 AM fireball wrote:

    > "i'm from the government and i'm here to help you."
    > just never works does it. kind of like the reverend and obama. if
    > you really want to help, don't.
    > in this free society you are given the opportunity to buy the nicest
    > home, the best healthcare, the fastest car, that you can afford.
    > you have no right to these things. you have every right to procure
    > them for yourself.
    > alas we stupidly slide down the slope into the cesspool of socialism,
    > the great failure. why should i work harder to fund more welfare
    > because the lazy and worthless think they have a right to the fruits
    > of my labors.
    > i noticed a hail of letters from small business owners beginning
    > on nov. 5th that they were laying off, shutting down or selling out
    > because they were sick of socialist government stealing their success
    > to give to the parasites. b.o. promised more of the same so the ignorant,
    > the stupid, and the lazy would back him with their vote. trouble
    > is the uaw, the banksters, the teachers union, etcetera already bought
    > a big piece of him. he is a hollow man. sadly mccain seemed little
    > better as an option.
    > oh well, just print more money, great plan. i am glad to see tax
    > evasion is now o.k.. somehow i am still afraid to try it.
    > just last night i listened to a bo supporter whine because his property
    > taxes rose because the state of florida raised his appraisal. he
    > asked, "how can that be?"
    > i said,"from each according to his ability. to each according to
    > his need." this is what you campaigned and voted for. enjoy the Bad
    > Odor of a rotten, failed, system.
    > i know there are a few more dinosaurs out there who believe in the
    > free market system, minimal government, and fair trade. that is what
    > allowed the u.s. to rise above the rest.
    > for now it seems prudent to make sure i just coast to make sure i
    > do not help what failed over and over by paying more taxes. i'm just
    > picking up my marbles and going home until the situation changes.
    > luckily i am in a position to do this.
    > i feel for the other dinosaurs who have to play the rigged game to
    > give to the worthless.
    Feb 22 20:45 pm |Rating: +5 -1 |Link to Comment
  • The Dollar Gains on Fed Minutes, Obama’s Mortgage Plan [View article]
    Republicans?? Democrats??? Congress??

    I thought it was just the Party of Dear Leader?


    On Feb 21 04:59 PM Ecomike wrote:

    > Well it has inspired this investor.
    >
    > What I find humerus about these attacks on Democratic policy, is
    > the Republicans do the same thing, it's just called corporate welfare
    > when they do it.
    >
    > Oh yea, The Sky is Falling, find cover!
    Feb 22 20:27 pm |Rating: +1 0 |Link to Comment
  • The Dollar Gains on Fed Minutes, Obama’s Mortgage Plan [View article]
    Republicans?? Democrats??? Congress??

    I thought it was just the Party of Dear Leader?


    On Feb 21 04:59 PM Ecomike wrote:

    > Well it has inspired this investor.
    >
    > What I find humerus about these attacks on Democratic policy, is
    > the Republicans do the same thing, it's just called corporate welfare
    > when they do it.
    >
    > Oh yea, The Sky is Falling, find cover!
    Feb 22 20:27 pm |Rating: +1 0 |Link to Comment
  • Japan's Scary New Plan [View article]
    When was the last time the US had a free market? I don't even mean a purely free market, I mean (please forgive my heuristic scale for now) somewhat free market?

    Aren't the problems we're seeing now moreso the impact of an over-controlling monetary policy that led to exceptionally poor debt management on the part of the average US citizen and poor risk management by lenders?

    I feel like, had the Federal Reserve been more restricted in the moves it has made over the years, the market would have shifted investments towards more productive pursuits than, for example, supporting so much home and auto consumption and furthering the services that push these.


    On Feb 17 09:01 PM MJJP wrote:

    > Whats wrong with Japan being ahead of the curve and calling a spade
    > a spade? Isn't this in essence what the US did haphazardly by allowing
    > unrestricted free trade and destroying the clothing, shoe, television,
    > appliance, car, steel industries and more?
    Feb 17 22:34 pm |Rating: +2 -1 |Link to Comment
  • Switzerland's Dollar Denominated Debt and the Fed's Shrinking Balance Sheets [View article]
    So I've been wondering, and its getting more and more confusing....

    Is it a good idea to stay in the Yen for about 1 year? 2 years?

    I, as an American Citizen, have lost most of my confidence in our beloved fiat currency...and I need to know a safe place to put it. I'm also part of the ultra-paranoid, I think, and so even symbols like GLD scare the hell out of me (though GDX seems safe for now..)

    What's a boy to do?...and if anyone has had any doubts about the societal effect on savers in the US, I'm evidence that its pretty negative, I'd consider myself a miser.
    Feb 08 20:34 pm |Rating: +1 0 |Link to Comment
  • Precious Metals and Shipping: Some Recent Developments [View article]
    Not to sound nutty, but in these times its good to have a solid backup plan...

    for those of you, watching the market (locally and in chartland) unable to decide what to invest in (or whether you should or not), as well as the Survivalists

    Some good (cheap) ultra-back-up investments might be in

    -Cigarettes / Heirloom Tobacco Seeds
    (ex. newhopeseed.com/to.../)--
    Worst Case Scenario: History shows, such as in post-Soviet Russia, that cigarettes work well as a valued unit of exchange
    Best Case Scenario: Open an E-Bay Store and work on your salesmanship ;)

    -Heirloom Vegetable/Legume Seeds
    (ex. survivalistseeds.c.../)--
    Worst Case Scenario: History shows, its good to eat every now and then.
    Best Case Scenario: Finally garner those gardening skills and taste what you've been missing (by likely buying food that's already been halfway around the world)


    NOTE: Any seeds you purchase, make sure they're heirloom (so that they continue to germinate (produce further seeds on successful planting))
    Feb 05 14:32 pm |Rating: +1 -1 |Link to Comment
  • BofA's Merrill Purchase: Good for America, Bad for Them [View article]
    I'm tired of the increasingly "faux socialist"/"crony-capi... atmosphere in America and its fake media, fake representative democracy...and I'm not being quiet about it in public.



    That's all I have to say here.


    By the way...I'm EXTRAORDINARILY sick of hearing things being justified by "the terrorists!!"...honest... this society needs to GROW SOME BRAINS.
    Feb 05 14:28 pm |Rating: +2 -2 |Link to Comment
  • Deflation Risk Dipping As Stagflation Risk Rises [View article]
    Not to sound nutty, but in these times its good to have a solid backup plan...

    for those of you, watching the market (Locally and in Chartland) unable to decide what to invest in (or whether you should or not), as well as the Survivalists

    Some good (cheap) ultra-back-up investments might be in

    -Cigarettes / Heirloom Tobacco Seeds
    (ex. www.newhopeseed.com/to.../)--
    Worst Case Scenario: History shows, such as in post-Soviet Russia, that cigarettes work well as a valued unit of exchange
    Best Case Scenario: Open an E-Bay Store and work on your salesmanship ;)

    -Heirloom Vegetable/Legume Seeds
    (ex. www.survivalistseeds.c.../)--
    Worst Case Scenario: History shows, its good to eat every now and then.
    Best Case Scenario: Finally garner those gardening skills and taste what you've been missing (by likely buying food that's already been halfway around the world)


    NOTE: Any seeds you purchase, make sure they're heirloom (so that they continue to germinate (produce further seeds on successful planting))
    Jan 27 01:14 am |Rating: +3 -1 |Link to Comment
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