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It is now time for Atlas to Shrug...
self | 11-4-08 | Republican Extremist aka JLB

Posted on 11/04/2008 7:17:47 PM PST by Republican Extremist

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To: Cinnamontea
I think it would be a simple matter to compile a list

I would love to see such a list compiled then posted on FR. Then all of us, whether or not we own businesses, could play a small part in bringing these companies down.

There are two ways to do this.

We can create a "Consumer Advocacy Group" with periodic report cards on the friendliness of businesses to our side. Then it is up to each person to act individually. I can see this accomplishing one of the goals, which is hurting those who support socialism, but I do not see this accomplishing our other equally important goal, which is to let them know exactly why they are being punished, and who is punishing them.

Example: We all decide we don't want to support Ben and Jerry's Ice Cream (FOR EXAMPLE PURPOSES ONLY), and buy Breyer's instead. Ben and Jerry's sees a drop in profits and Breyer's sees a rise... BUT THEY DON'T KNOW WHY.

We also have no way to gauge our success, or if everyone is acting together or not. We may see a dip on B&J's annual report, but we cannot track our progress.

Plan B: We organize, pool our assets, and act en mass. We do this by creating a mutual fund, or a holding company, like Berkshire Hathaway functions for Warren Buffett.

We purchase friendly companies, and we send them a note letting them know who, and why their shares were purchased. When one crosses us, we sell their shares, and we send them a slightly different note.

Those with small market caps who cross us (and may make a profit, which is our ultimate goal) we can purchase enough shares in to gain a seat on the board, or even an outright majority.

161 posted on 11/05/2008 9:36:46 AM PST by Republican Extremist
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To: Republican Extremist

Right on, people simply don’t understand the consequences of “taxing the so called rich”.


162 posted on 11/05/2008 9:37:01 AM PST by 1Old Pro (Obamarx wants Redistributive Reparations)
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To: Myrddin
How much will an AR-15 appreciate in value after the Obama Attorney General gets in office?
163 posted on 11/05/2008 9:51:12 AM PST by FightThePower! (Fight the powers that be!)
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To: Republican Extremist; jellybean

Please add me to your ping list.


164 posted on 11/05/2008 9:52:43 AM PST by They'reGone2000
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To: Republican Extremist
Somebody PM me and explain how this Ping List thing works.

Those of you with the skill sets to make this happen like the guy who knows web design, PM me.

Anyone who would consider participating in some future "Galt Fund", PM me.

I don't know if it's the caffiene or the adrenaline from being so ticked off, but I am going to start putting some of these ideas into work before this motivatitional feeling goes away.

165 posted on 11/05/2008 9:53:18 AM PST by Republican Extremist
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To: 3AngelaD

“There is currently $4.5 Trillion dollars invested within 401(k) plans in the United States, the transfer of this wealth to the government would cause the collapse of an entire industry of financial and accounting companies that have been built upon the Retirement Savings Industry. This would be the largest loss of wealth and seizure of private assets in world history. And right now they are talking about how to do it.”

Willie Sutton a bank robber. When asked why he robbed banks, Sutton simply replied, “Because that’s where the money is.”


166 posted on 11/05/2008 9:56:23 AM PST by FightThePower! (Fight the powers that be!)
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To: jellybean

Would like to be added to the ping list.

Thanks


167 posted on 11/05/2008 10:19:14 AM PST by utford
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To: 3AngelaD
Hello? The government can do anything it wants to. The government has a record, in your tax returns, of every dollar in your 401(K) and where it is invested. As is the case with your earned and interest income, the government can decide to take as much as it wants, and there isn't a lot you can do about it. During her primary campaign, Mrs. Clinton discussed "nationalizing" 10 percent of all 401(k)s "for the greater good." But hers was a modest proposal. House Democrats recently invited Teresa Ghilarducci, a professor at the New School of Social Research, to testify before theHouse Ways and Means Committee’s Subcommittee on Income Security and Family Support on her idea to eliminate the preferential tax treatment of the popular retirement plans. In place of 401(k) plans, she would have workers transfer their dough into government-created "guaranteed retirement accounts" for every worker. The government would deposit $600 (inflation indexed) every year into the GRAs. Each worker would also have to save 5 percent of pay into the accounts, to which the government would pay a measly 3 percent return. Rep. Jim McDermott, a Democrat from Washington and chairman of the Subcommittee on Income Security and Family Support, said that since "the savings rate isn’t going up for the investment of $80 billion [in 401(k) tax breaks], we have to start to think about whether or not we want to continue to invest that $80 billion for a policy that’s not generating what we now say it should." There is currently $4.5 Trillion dollars invested within 401(k) plans in the United States, the transfer of this wealth to the government would cause the collapse of an entire industry of financial and accounting companies that have been built upon the Retirement Savings Industry. This would be the largest loss of wealth and seizure of private assets in world history. And right now they are talking about how to do it.

Exactly, and let me add that Argentina just nationalized their retirement system, and it caused the Argentine MerVal Index to fall from the 1,700 range to around 840, losing more than 50% of it's value. It's come back slightly, to the 1,110 range, but is still a disaster.

168 posted on 11/05/2008 10:25:36 AM PST by Republican Extremist
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To: johnnycap

An additional idea: the MSM loses money on its news shows, but adding the networks together, they still dominate and thus influence too many people in ways we don’t like. Most of us already don’t watch the MSM news shows, so we can’t withhold our viewership to make a point.

We CAN withhold our viewership of their regular programs, though. And they are what pay for the news shows. So if we stopped watching our favorite shows on NBC, CBS, ABC (and admit it, we DO watch some of them), that viewership would go down as well, and thus further affect the MSM’s ad revenues. We can’t starve them out, but we can surely make them go hungry.

The loss of every thousand households costs them money, as they have to reduce what they charge to advertisers.

If enough people organized to do this, it would have an impact. And it’s something we can all do right from home. The time to do it would be during Nielsen sweeps weeks,when viewership and ad costs are determined.


169 posted on 11/05/2008 10:28:15 AM PST by Laur
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To: Cinnamontea

I suppose you are right. When you talk to the locals away from the liberal enclaves, they tend to be pretty conservative.


170 posted on 11/05/2008 10:33:19 AM PST by crusty old prospector
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To: FightThePower!
How much will an AR-15 appreciate in value after the Obama Attorney General gets in office?

Buy one while you can. If they follow California, you won't be able to buy them, sell them or transfer them. You won't be able to pass them along in your estate either. California forced registration of all "assault weapons" in 1999. The only alternative was to move them permanently out of state. That was my choice. I moved the firearms and everything else out of the state. It's a bigger problem when the law is federal. There's nowhere to go.

171 posted on 11/05/2008 10:36:13 AM PST by Myrddin
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To: shezza
If you decide to do this and create a ping list, please add me to it.

I've added you to the Atlas Shrugged ping list. :)

172 posted on 11/05/2008 10:37:15 AM PST by jellybean (Who is John Galt? ~ Proud Ann-droid and a Steyn-aholic)
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To: Laur
When my paycheck gets smaller as a consequence of increased taxes, I'll compensate by dumping DishNet and buying fewer DVD/BluRay releases. Starbucks? Bye bye. VerizonWireless...fewer minutes, less services. We watch less than 3 hours of "over the air" TV in a given week. Typically a new episode of ER (last season running now) and local TV news.
173 posted on 11/05/2008 10:41:21 AM PST by Myrddin
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To: fanfan
Add me please.

You've been added! :)

174 posted on 11/05/2008 10:44:57 AM PST by jellybean (Who is John Galt? ~ Proud Ann-droid and a Steyn-aholic)
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To: wfu_deacons
Put me on you list.

You've been added to the Atlas Shrugged ping list. :)

175 posted on 11/05/2008 10:53:45 AM PST by jellybean (Who is John Galt? ~ Proud Ann-droid and a Steyn-aholic)
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To: TenthAmendmentChampion
Time to shrug, Atlas. Bigtime. Start a ranch or a farm and work at a subsistence level. Barter. Buy used from trusted others. Learn to write letters again. Learn Morse Code and how to operate a ham radio. Buy a shortwave.

It's odd, but for the last year or two I have been positively OBSESSED--for no reason at all--with doing things primitively. I've made my own batteries, hobo stoves, and a solar cooker. I've experimented with compost heating.

Perhaps our good Lord is preparing us for something, eh?

176 posted on 11/05/2008 10:58:33 AM PST by Claud
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To: 3catsanadog
Please add me to your ping list.

You've been added to the Atlas Shrugged ping list. :)

177 posted on 11/05/2008 10:59:33 AM PST by jellybean (Who is John Galt? ~ Proud Ann-droid and a Steyn-aholic)
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To: They'reGone2000
Please add me to your ping list.

You're on! :)

178 posted on 11/05/2008 11:06:04 AM PST by jellybean (Who is John Galt? ~ Proud Ann-droid and a Steyn-aholic)
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To: johnnycap
"we are looking at tax structuring options...off shore options...downsizing options...all because of Barack. Will the last productive American please shut the light out as you leave."

I will be waiting with anticipation to hear suggestions from you and others in the coming 60 days as to precisely what my family can do to protect itself financially and otherwise before America is "transformed."

I'm small potatoes compared to many, but I've earned what is mine and am not inclined to "spread it around" to others who haven't.

179 posted on 11/05/2008 11:07:47 AM PST by daler
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To: jellybean
Thank you.
180 posted on 11/05/2008 11:08:27 AM PST by 3catsanadog (“The people are uninformed, and would be misled by a few designing men.” Delegate Gerry, 7/19/178)
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