We Are Facing an 'Inflation Holocaust': Jim Rogers

CNBC ^ | October 10, 2008

[Leisler]

That’s what Marxist do. It’s what they say they must. What’s the problem? They tell you what they are, and what they are going to do.

Is the problem them, or us?

[Leisler]

When I was a kid, I worked for an old mason. He had a old beat up dump truck, old beat up mixer, old beat up pipe staging, all of it covered in mortar dust, dented, rusted.

So, one day we are up about three, three and a half stories, putting up the last of a chimney on the gable end of a house. We are above the ridge. The pipe staging was on sand and boards and with us up top, the bricks, mortar pan, it was all kind of shaky.

I ask him what happens if it peels away from the house. He looks at me, looks across the sand, towards the trees and says, “Well, I guess we’ll just have to ride it on down”.

That’s us. We’re in for a ride of some kind.

[Dick Bachert]

Rogers couldn’t be elected dog catcher because the new, improved, PC indoctrinated American “citizen” of the 21st century — to steal a line from Lefty Rob Reiner’s flick “A Few Good Men” — CAN’T HANDLE THE TRUTH!

[Roccus]

"What about all the people in countries that minded their manners, saved their money, didn't get overextended and now all of a sudden they're being asked to bail out a bunch of guys on Wall Street who were incompetent at best and some of them crooks?"

What about all the people in THIS country who played by the rules and are already being FORCED to bail them out????

[slowry]

“What the world needs are more and better panics. Let adjustments occur in nature’s own time. Let the government withdraw from the adjustment-suppression business. Let imbalances not build up to the extent that a largish illiquid broker-dealer can threaten to bring down the global financial system.”

http://au.pfinance.yahoo.com/b/stevejohnson/4/money-meddling-and-meltdown/

[Graybeard58]

No person is on fixed incomes. They choose to be. That is their choice.

Your second statement contradicts the first one. I can't disagree completely with the third statement though. I knew all about inflation, when I chose to retire 9 years ago at age 54, I planned for it and it doesn't overly concern me but there are plenty of people who aren't ready for it.

[ex-snook]

Inflation? You betcha.

[GregoryFul]

Lots of people are quite easy with killing the unborn, why not load future generations down with debt?

[Leisler]

I hear all the time from elderly, that basically, such and such has to be done, because THEY are on a fixed income. As if it was a judges order, or some natural law. A more accurate, and honest statement is something like, “ I have chosen, and will continue to, keep my income fixed”. Fine. Free will.

Often I hear such stuff as “I am on a fixed income and my living standards are going down, or cost are going up....so raise my fixed income”.

So, basically it's head I win, tails you lose. Elderly, pensioners, disability people when they want use the ‘fixed income’ phrase when they want to escape some cost, and then use it when they want to extract more funds.

Also, there is another, unsaid philosophy that at some time in life you can escape the effects of the broader economy. ''''''''''''''''''' Anyways, I hope it works out for you. It seems the only predictable thing is that the good are getting punished.

[Leisler]

Kill’m or debt chain’em.

Nice.

[ml/nj]

Democrats and republicans can not handle fiscal conservatives

I know! Frequently when I pontificate about one thing or another, someone will suggest that I run for office. I couldn't be elected dog catcher. We have given the vote to the leeches and they want more. It won't end until there is no more blood to suck.

ML/NJ

[GregoryFul]

Yep! And complain, agitate, rebel - and get the hired heal of the oppressive overlord.