To: Cringing Negativism Network
Maybe you missed the part where I said:
And the rest of the World depends on the Japanese, the Europeans, and US for their livelihood.
That's true for the Chinese and, to a lesser extent, to the other BRIC members. Its also very true for any oil producing nation. The effect of our paper suddenly become worthless would be very devasting to them too. So they will play along and look the other way....for quite a while. Bernake and his ilk are fully leveraging the fact that the West and Japan has the rest of the World by the short hairs. But, as I said, it won't last forever. Something will break loose. I'm just not smart enough to know what or when--not sure anyone does. I just think 2013 is too early. My hunch, and that's all it is, is more like when Obama leaves office (~ 2017). That's when things will get REALLY interesting.
posted on 12/23/2012 7:03:05 AM PST
It is time to bring back American jobs.
It is also time, to use our tax code, to make that decision profitable for companies ready to back production to America.
We are trillions in debt, yet we allow our own companies to offshore their operations and operate as if continental distinctions are non-existent.
That was a good idea, until it started ruining America.
Now we need to change that. Before we collapse.
Tax imports. Significantly.
The effect of our paper suddenly become worthless would be very devasting to them too. So they will play along and look the other way....for quite a while. Bernanke and his ilk are fully leveraging the fact that the West and Japan has the rest of the World by the short hairs.
They are building up resentments in other countries that will last for generations. I guess that's all right with them, as long as they keep profiting now.
Ultimately, the value of our bonds will be determined by the strength of our military. As long as we remain able to crush all opposition into dust, they will retain some value. When and if we lose the ability to directly influence world affairs, then some catalyst will occur - like the Fall of Taiwan - that will show the world once and for all that we are a paper tiger. Then, Obama will feel his "revenge" - many times over.
Like you, I think this is quite a few years off yet. Japan-style deflation without Japanese societal cohesiveness is our immediate future. Things will just keep gradually getting worse, as they have since 2006.
posted on 12/23/2012 7:34:14 AM PST
by Mr. Jeeves
To: rbg81; Travis McGee
I’m thinking sometime around 15April2014 When all these Obamacare taxes kick in and must be paid.
posted on 12/23/2012 8:09:58 AM PST
by CPT Clay
(Follow me on Twitter @Clay N TX)
when Obama leaves office (~ 2017
Really? We could not get enough to vote for "other than O" in the last election. So do you really think that somewhere there will be enough to finally, actually work to be sure he leaves???
He isn't. There are going to be 2 to 3 new members of SCOTUS by then. Do you really think O has not already seen what he can do when SCOTUS is solidly a tool of the Liberals and the left?
O's 3rd term was ordained because of the last election. All those who would not vote for anyone other than their idea of a "perfect" candidate on the right have by default given the left what it always wanted.
Okay, you got your wish, and voted for O (you really did!). It will require work several multiples harder than if we had anyone other than O in office. That is now a reality and is with us thanks to all those who refused to vote for anyone other than their idea of a perfect presidential candidate.
You fools. By your intransigence on who you felt was a proper presidential candidate, you actually voted for O and the liberal left. As a consolation prize you doomed us to losing SCOTUS! So you left us with an on going Christmas gift of now real terror.
Merry Christmas to all who voted O back into office. You have hastened the final downfall of what the founders gave us a little over 225 years ago.
Thank you, and Merry Christmas.
posted on 12/23/2012 8:25:30 AM PST
(It was ALL about SCOTUSt. We are DOOMED for several generations. . Who cares? The Dems care!)
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