Posted on 05/16/2009 5:56:38 PM PDT by Lazamataz
DANG!
DANG, backwards, is only one letter away from "gonad".
I'm just sayin'.
Your comments in this thread are right on. I live in the Shenandoah Valley and the people I meet have those qualities you listed plus creativity (heck welders and truck drivers out here are more creative than most folks in the city).
They also have a keen sense of commerce and productivity, they make money by either making a tangible product, fixing something or making other people more productive. Whereas city employees will attend meetings, push paper, and ride bicycles to their meaningless jobs.
I can say from my own experience as a doom and gloomer that D&Gers often let emotion guide their reasoning. With this author it is his hatred of cars characterizing them as steel traps. On the way to Strasburg today I passed about 30 corvettes going the other way on Mountain Rd. Those people were not trapped and not driving steel boxes for that matter. The only problem with the road is coming around a curve at 50mph (limit 55) and coming up on a bicyclist from the city.
But then I’d have to buy a vowel, and I’m always a little short after April 15....
How ya been, dude? I just read your Thanksgiving. Miss Slippy sends her love.
Send slippy slippery love back.
Done!
bttt
Wow, I like your article much better. Good call.
bttt
Missed ya, bud.
Nam Vet
P.S. I'm gonna pour a glass of wine and settle in to reading.
Your post mentions deflation about 20 times including many things that aren’t deflating (please call my insurance company and tell them to lower my rates). What you didn’t talk about is inflation. The issue is not what the economy will do, you are basically correct about that, but what the boneheads in government are doing / want to do. They are using inflation by the standard definition of expanding the money supply to try to counteract credit deflation. The result is obvious, the first stages of hoardiing and grossly excessive inventories of commodities and other raw materials as the world anticipates the inflationary boom that is coming. If we don’t have that boom, then we can kiss the financial system goodbye, so my money is on the boom, but I am also ready for some deflationary dips as well (got cash).
The money supply isn’t expanding.
Pause.
Oh sure, you can post graphs of *cash* increasing due to government printing/borrowing...
...but the “money supply” is all available credit plus all available cash.
And credit has been destroyed faster than cash has been printed.
Thus, even while cash has increased, the overall cash+credit money supply has shrunk.
Deflation.
*oh, and you should shop your insurance around. Rates have plumeted, especially on term life insurance.
Crucial. Thanks for posting this.
Some good points also were made, so I don't want to throw the baby out with the bath water. This author without knowing anything about him but just what I surmised from this article lives near or in a city. Is not religious, is anti capitalism in everyday attitudes.
He contradicts himself, we need government and he glamorizes socialism yet he summarizes that societal “mutual” responsibility is the way to go. Hmmm isn't that a republic/capitalistic way of thinking?
Credit isn’t money. I’m more interested in auto and home insurance and as repair costs went up those went up and never came back down with the fall in energy and other raw materials since last summer. What has to happen now is either an inflationary boom to save the insolvent banks by making their assets solvent or at least postponing their liquidation, or a continuation of what you properly ID’d as deflation with an unseverable hook to financial system insolvency and collapse. IOW, your deflation would be otherwise healthy is currently fatal. Therefore there will be an inflationary boom, you can bank on it or kiss you bank goodbye.
In the failing Soviet Union there were lines of people waiting to buy bread that didn't exist. Nobody had the authority to create bread or its components.
Here in the U.S. a person could collect enough aluminum cans to buy a loaf of bread in probably a couple of hours and every supermarket has shelves loaded with bread.
I can't see how external sources or internal subversion can explain the lack of bread in the Soviet Union. The explanation is that individual responsibility and individual gain were outlawed. Without them, there is no bread.
Great observation! I've really been watching California rather closely because parents and brother are there, but I think, in the back of my mind, I've been thinking about the above also.
Nam Vet
“Americans, MORE THAN MOST OTHER PEOPLE, need to be defended from each other at all times. I think that I would prefer martial law over complete and utter mayhem and lawlessness, though I admit that both are very poor choices.”
I have lived outside the U.S. for the past five years in Moldova, a communist controlled post Soviet country. I have to agree fully with the above statement. I can walk alone here any time of the night or day in the largest city or the smallest village with absolutely no fear for my personal safety. I cannot say that for any major city in the U.S. I shudder to think what will happen in the U.S. as the situation begins to worsen. A lot of smart people have been buying guns and ammo.
bump
Ronald Reagan.
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