Posted on 04/28/2012 10:36:01 AM PDT by blam
It looks like we are (still) doomed. (WAD)
We are literally witnessing the collapse of our entire borrow-and-consume paradigm, the aftereffects of which will not be pretty, complete with hyperinflationary depression, riots, starvation and bloodshed.
Well, at least we have that to look forward to,
it won’t be dull.
2read
We may be getting to the point that tariffs alone, will not bring back American manufacturing.
We may need to start considering, actual blockades, against protectionist trade opponents.
One way or the other, sending US factories elsewhere, is destructive and dangerous.
I just find it hard to believe that such a perfect paradigm by design hasn't worked.
What no do over ?
Not a problem.
Simply import millions of Chinese to sop up the foreclosed homes at a fair price, reducing the supply and increasing the average price to where no one is underwater.
It will rebalance our trade deficit with China and allow the rest of us to get out from under our over-inflated mortgages and move elsewhere...
I know kids who have applied for sub $40k jobs with a hundred applicants.
I also know my small business is getting harder and harder each day to keep running. The attitude of fees has come to us. We are being charged by third parties who do invoices for our clients to submit our invoices. We are being charged thousands of dollars and hundreds of hours to participate in safety surveys and monitoring programs mandated by our clients who are mandated to do this by the Feds... it all just rolls down the hill. These programs are redundant to reporting and programs we already do. No regulations retire, they just get added on to the ones already there no matter the duplication or similarity.
On top of this IRS has declared open season on S Corporations. I know some who get audit or inquiry notices weekly from the IRS. They keep jabbing away until something sticks. Many just pay the claims instead of fighting it. Paying takes less time and less money and IRS knows it. The process is nothing but extortion.
I’m sure most of us break laws every day. There is no good way to keep up with it all. Then there is the specter of obastard care and all it brings to us.
Business in particular and small business in particular has a target all over it by this marxist administration.
I do think we are doomed.
Yet our ruling class keeps piling on regulations and taxes...
And voters keep voting for them...
Suicide.
The pathological hatred of small business by the Federal Government seems boundless. I guess it's the logical result of Marxists taking over much of the bureaucracy for the last fifty years.
Not a word from our so-called "representatives" in objection to such IRS practices, either. That's where "War on Everything" policy positions lead you - you have to shut up when those Wars eventually get declared on real Americans, or you'll get called a hypocrite by your Democratic opponent and you might even lose!
THe entire problem with the economic outlook in this country is trying to ‘run the economy’ as a consumer based economy.
We need to be a producer based economy.
And the ruling class controls who gets $$$ and media exposure.
My thoughts exactly. God gives us good advice, and we ignore it. Then we are surprised when the consequences arise.
The only way out of this is to eliminate taxes on corporations doing their work and manufacturing in the US AND tax the ones who do offshore it.
This is already underway in certain regions. Right now its mostly Chinese who have made money there (communists who ran “state-owned enterprises,”etc.). The one good thing is that (if we are allowed to repeat the common generalization ) the Chinese “make pretty good neighbors” and when they have kids (ehich they are allowed to do here) they insist that the public schools get better). This is propping up realty prices which otherwise would drop like bricks, as is the sale of large portfolios of houses (assembled thru our governmental lending-guarantee systems and otherwise) to largely-overseas investment interests (including we hear the communist Chinese banks). Its not all China, though. Its also from other countries.
Well that...
Or the US Coast Guard stops adversarial container ships on the high seas.
Increasingly, I’m in favor of the latter.
What we’re doing now isn’t working.
Except for America’s adversaries.
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