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The Destruction Of The Middle Class Is Nearing The Final Stages
zerohedge.com ^
| 12/23/2014
| Tyler Durden
Posted on 12/24/2014 3:11:54 PM PST by dontreadthis
click here to read article
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To: Aliska
I don't believe any money anywhere is safe; some maybe a little moreso than others.Send it all to me, then. FReepmail me your bank account and routing number.
101
posted on
12/26/2014 5:38:19 AM PST
by
1010RD
(First, Do No Harm)
To: Logical me
Remember how Clinton was destroying the middle-class? Yet, here we are.
102
posted on
12/26/2014 5:39:19 AM PST
by
1010RD
(First, Do No Harm)
To: 1010RD
103
posted on
12/26/2014 5:42:51 AM PST
by
E. Pluribus Unum
(Any energy source that requires a subsidy is, by definition, "unsustainable.")
To: 1010RD
Ann Barnhardt is calling for a return to the Stone Age. Shes likeable, but her strategy sounds like something out of the Islamic State. She is half genius, half nut-cake, and 100% entertainment. I do no think she is calling for the stone age, but regardless of what we end up with, there will be a financial collapse.
104
posted on
12/26/2014 6:31:53 AM PST
by
VRW Conspirator
(American Jobs for American Workers)
To: 1010RD
Send it all to me, then. FReepmail me your bank account and routing number. Ha ha, got me. Nothing doing. I was talking in absolute terms. Everything is relative; there is always the unexpected. I have most of it in a credit union.
I'm really stymied, don't know what is safest for my money, what's going to be left of it after I do some things I've been putting off.
105
posted on
12/26/2014 11:53:41 AM PST
by
Aliska
To: E. Pluribus Unum; kiryandil
E. Pluribus Unum wrote:
"
What does any of that have to do with anything I said?"
I don't know anything about Miss Barnhardt except the following from a quick search.
Barnhardt
http://www.barnhardt.biz/contact/
Judica me, Deus, et discerne causam meam de gente non sancta...Latin Rosary...I dont actually live in a Van Down By A River. That is just a more humorous way of saying that I have gone Galt. I am with dear friends, traveling around and seeing all kinds of things that I never thought I would be able to see, much less while still young and in my prime...I aspire to janitorial work, but also realize that might not be the plan. I just dont know.
106
posted on
12/26/2014 2:25:32 PM PST
by
familyop
(We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
To: E. Pluribus Unum; kiryandil
My comments are relevant to most bankrupt business and/or government administrators or regulators who would attempt to live in a remote area without amenities from utility companies (fall of the middle class) for at least three years (for any who would try it for less time and give useless advice to others). These comments are also more relevant to the article posted above this thread and the general economic situation (fall of the middle class).
What real, tangible, useful things can most members of the contemporary middle class build, make or repair? The answer is next to nothing. Very few of them are technically capable at building anything other than script-kiddie-like software.
Some people like myself are very technically inclined, have much experience and are sometimes very generous with information and physical help. I can build and repair just about anything useful (to codes) several miles from the nearest power lines in one of the harshest climates in our country or elsewhere.
Some people respect those capabilities. Others disrespect us and gossip spite at our abilities, even as their vainglorious, counterproductive Rome fails yet again to become much of an empire.
107
posted on
12/26/2014 2:47:20 PM PST
by
familyop
(We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
To: catnipman; MHGinTN
1. G20 says banks own deposits, not the the depositors.
So what (assuming this is even true)? Has no effect on U.S. banks without legislative change.
FR “Search” feature is your friend....
WARNING Bank Deposits Will Soon No Longer Be Considered Money But Paper Investments
http://www.freerepublic.com/focus/f-news/3227765/posts
2. The spending bill just passed by congress makes the American taxpayer responsible for any derivatives loses that banks may suffer. These derivative holders now have first priority when any funds are paid out and depositors are relegated to last place.
Assuming the first part is true, is the second part actually true? Would love to see a reference.
Here’s your “reference”....again....FR Search is your friend....
New Law Would Make Taxpayers Potentially Liable For TRILLIONS In Derivatives Losses
http://www.freerepublic.com/focus/f-news/3234786/posts
108
posted on
12/26/2014 3:09:46 PM PST
by
Jane Long
("And when thou saidst, Seek ye my face; my heart said unto thee, Thy face, LORD, will I seek")
To: familyop
You really enjoy babbling to yourself, don't you?
Keep it up, then!
109
posted on
12/26/2014 3:44:20 PM PST
by
E. Pluribus Unum
(Any energy source that requires a subsidy is, by definition, "unsustainable.")
To: Jane Long
None of those links are credible sources of financial information.
110
posted on
12/26/2014 7:06:09 PM PST
by
catnipman
(Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
To: familyop
Being able to make and repair actual things is going to be useful when the .gov pension Ponzis implode.
111
posted on
12/26/2014 10:34:55 PM PST
by
kiryandil
(making the jests that some FReepers aren't allowed to...)
To: kiryandil
That’s true. Bond holders won’t take haircuts by themselves. The overspending on pensioners and employees could even be cut to stave off a bond collapse for a little longer. I was a little surprised that spending wasn’t cut even more in Greece, before so many bond holders and real taxpayers were cheated.
112
posted on
12/27/2014 8:11:36 AM PST
by
familyop
(We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
To: kiryandil
On making and repairing things, the low was -18, F, this morning. -16 now. Temperatures usually go down into the minus-30s at times in January and February. I’m at a high elevation on the Rockies, just where many preppy preppers say that they want to be. This winter, that would be nice, because it’s warmer and much less windy than usual so far.
But propane goes very quickly here and gets very expensive—about 2,000 gallons per year for most residents in small houses in the area. Last year, propane more than doubled in a short run price trial. Forced air heating would use monstrous amounts of power (electricity) from a home PV solar plant. It’s a situation, where building something unorthodox to use sunlight and/or smaller amounts of wood can be very important.
There are no quick, conventional fixes. Such necessities are complicated and require much thought, planning and designing in advance.
Gardening is also a technical challenge, although it can be done by someone willing to solve a few problems and do extra work. There are sometimes freezes during summer nights, high winds, intense hail storms in July and more. Because of NIMBY policies for decades here and no farming in the past, the soil is hard packed and sterile. Precipitation evaporates immediately. A lower elevation in a warmer place would be much easier.
113
posted on
12/27/2014 8:35:25 AM PST
by
familyop
(We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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