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Are We Headed Toward a New Collectivist State ? (Consequences of our financial meltdown)
Human Events ^
| Sept 20,2008
| Mark Skousen
Posted on 09/20/2008 3:57:33 AM PDT by SeekAndFind
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To: SeekAndFind
This article failed to mention our Nation's switch to
consumerism and debt instead of saving and productive
activities. The long term solution is to cut back annual
growth to 1%-2& and emphasizing saving and true production.
True production would be in three areas: mining, agriculture and manufacturing.
To: upcountryhorseman
Are you referring just to heavy industry manufacturing or all types of industry, including ones that primarily provide knowledge?
To: upcountryhorseman; AuntB
“True production would be in three areas: mining, agriculture and manufacturing.”
Most manufacturing has been outsourced.
23
posted on
09/20/2008 2:08:35 PM PDT
by
Clintonfatigued
(If Islam conquers the world, the Earth will be at peace because the human race will be killed off.)
To: Reeses
I LIKE they way your mind works! My day just got brighter!
The bureaucratic money pits are OFF the TABLE!
To: bamahead
You will want to see this article by Mark Skousen on the bailouts.
To: SeekAndFind
Out of respect for Dr. Skousen, and the copyright laws, I'm posting the last paragraph of his essay. Perhaps some FReepers will want to know about this upcoming conference.
Special Announcement The latest crisis won't be the last. That's why I've decided to hold an Anti-Davos Anti-Establishment "World Economic Summit," at the five-star Atlantis Hotel & Resort, in Paradise Island in the Bahamas, January 28-30, 2009; Steve Moore, editorial board member of the Wall Street Journal, will be our keynote speaker. Other speakers include myself, Peter Schiff, Eric Singer, Peter Zipper, Keith Fitz-Gerald, Frank Seuss, Jon Golding, Lou Petrossi, Ron Holland, and many more. For more information, and to sign up, call Tami Holland at 1-866-266-5101 or go to www.freedomfest.com.
To: logician2u; Abathar; Abcdefg; Abram; Abundy; akatel; albertp; AlexandriaDuke; Alexander Rubin; ...
The real culprits, however, are government agencies (Congress, Fed, SEC) which created the boom-bust excesses in real estate in the first place.
Congressional leaders constantly promoted through new legislation home ownership by high-risk borrowers (sub-prime lending).
Libertarian ping! Click
here to get added or
here to be removed or post a message here!
27
posted on
09/21/2008 8:36:40 AM PDT
by
bamahead
(Few men desire liberty; most men wish only for a just master. -- Sallust)
To: SeekAndFind
28
posted on
09/21/2008 8:39:09 AM PDT
by
kbennkc
(For those who have fought for it freedom has a flavor the protected will never know F/8 Cav)
To: Clintonfatigued
That’s partly why we are in this mess: we no longer have a manufacturing base. No economy in history has been sustainable on services alone.
To: John Will
Any type of manufacturing that produces something to benefit the economy.
To: SeekAndFind
The SEC under Republican “conservative” Chris Cox bans short selling. This is like preventing a shark from ridding the sea of the sick and diseased fish . I would rather swim with the sharks than the sick .
31
posted on
09/21/2008 8:45:30 AM PDT
by
kbennkc
(For those who have fought for it freedom has a flavor the protected will never know F/8 Cav)
To: SeekAndFind
I agreed with all of that until I saw the part about returning to a gold standard.
That's tinfoil hat and black helicopter territory.
To: MuttTheHoople
Yesterday, at the gym, I had a financial advisor tell me (sarcastically) that he could now be a Government employee and have all kinds of cool benefits and retirement.That is my plan as well.
To: supercat
Given today's computing power, I wonder how hard it would be to produce periodic reports(*) listing all of the hard assets that back particular securities, along with the percentage of each, and then figure out the total value of securities backed by each asset.We already have that and have had that for decades.
It just doesn't apply to governmental entities, GSE's, or members of Congress.
To: elkfersupper
Headed?
Baby, we are there.
35
posted on
09/22/2008 7:05:16 PM PDT
by
gost2
To: SeekAndFind
The stock market is a playground for parasites. May they all go broke.
36
posted on
09/22/2008 7:07:40 PM PDT
by
gost2
To: gost2
The stock market is a playground for parasites. May they all go broke.The stock market is a playground for capitalists. May they live long and prosper.
To: elkfersupper
The stock market is a playground for parasites. May they all go broke. The stock market is a playground for capitalists. May they live long and prosper.
The stock market is a playground for parasites and capitalists. May the parasites all go broke while the capitalists live long and prosper.
38
posted on
09/22/2008 7:31:51 PM PDT
by
supercat
To: supercat
To: elkfersupper
Yer livin in the past ... or another reality. There is no free market. There is no capitalism. Wake up and smell The Brave New World.
40
posted on
09/22/2008 8:00:31 PM PDT
by
gost2
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