Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Don't Fool Yourself: America Is Now A Communist Nation
The Market Oracle ^ | 11-12-2009 | DailyWealth

Posted on 11/12/2009 9:32:51 PM PST by blam

Don't Fool Yourself: America Is Now A Communist Nation

Politics / US Politics
Nov 12, 2009 - 01:39 AM
By: DailyWealth

At last year's Alliance Conference, I urged folks to buy stocks – vehemently... It was the most bullish I've been in my entire life. But now I feel the opposite way.
When the facts change, I change my mind. I never thought we'd see the government running $2 trillion deficits, taking over health care, owning all the banks...

The stock market seems to believe the government can solve all of our problems with paper money and bureaucratic mandates. My bet is, it doesn't work... at least, not for long.
And given the choice between earning less than 1% in the bank and buying gold at $1,100 per ounce, I'm buying gold.

Watching the government rack up debts that will be impossible to repay while narrowing the tax base (at least 50% of Americans pay zero federal income tax) at the same time is very scary.
Not only has the government gone mad with spending and corruption, but it also expects about 10% of the population to pay for essentially all the costs.
The math simply doesn't add up: 10% of the population can't (and won't) pay for all of the costs of a socialist federal government.
This has nothing to do with traditional party politics. Both parties have grown the size and responsibilities of government. Both parties have added to the national debt.
And both parties support the narrowing of the tax base – because that's what makes good political sense in an unlimited democracy... Promise the voters they can live at the expense of their neighbors and future generations.

[snip]


TOPICS: News/Current Events
KEYWORDS: 111th; agenda; bho44; communist; obamalegacy; politics
Navigation: use the links below to view more comments.
first 1-2021-4041-6061-74 next last

1 posted on 11/12/2009 9:32:52 PM PST by blam
[ Post Reply | Private Reply | View Replies]

To: blam
The Triumph Of Socialism

Politics / Credit Crisis 2009
Nov 12, 2009 - 01:34 AM
By: LewRockwell

Do you think ideas don't matter, that what people believe about themselves and their world has no real consequence? If so, the following will not bug you in the slightest.

A new BBC poll finds that only 11 percent of people questioned around the world – and 29,000 people were asked their opinions – think that free-market capitalism is a good thing.
The rest believe in more government regulation. Only a small percentage of the world's population believes that capitalism works well and that more regulation will reduce efficiency.

One-quarter of those asked said that capitalism is "fatally flawed." In France, 43 percent believe this. In Mexico, it is 38 percent. A majority believes that government should rob the rich to give money to poor countries. In only one country, Turkey, did a majority say that less government is better.

It gets even worse. While most Europeans and Americans think it was a good thing for the Soviet Union to disintegrate, people in India, Indonesia, Ukraine, Pakistan, Russia, and Egypt mostly think it was a bad thing. Yes, you read that right: millions freed from socialist slavery: bad thing.[snip]

2 posted on 11/12/2009 9:37:32 PM PST by blam
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

They will just confiscate the gold too.


3 posted on 11/12/2009 9:38:06 PM PST by Blogger
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

Despite all that has gone on these past 10 months anyone who says we are now a communist nation never lived in a communist nation.


4 posted on 11/12/2009 9:38:22 PM PST by Russ (Repeal the 17th amendment)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam
Watching the government rack up debts that will be impossible to repay while narrowing the tax base (at least 50% of Americans pay zero federal income tax) at the same time is very scary. <<

Whe 51% of the people.....
(Ben Franklin)

5 posted on 11/12/2009 9:39:51 PM PST by M-cubed
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

“Capitalism is the worst economic system, except for all the others.” -Churchill


6 posted on 11/12/2009 9:40:36 PM PST by dfwgator
[ Post Reply | Private Reply | To 2 | View Replies]

To: Russ
You’right.

But, America will never be Communist. America will always remain America. The bastards will never conquer the Soul of America!!!

7 posted on 11/12/2009 9:41:27 PM PST by unkus
[ Post Reply | Private Reply | To 4 | View Replies]

To: blam

It would be helpful to find out whether the people one does business with leans right or left. Support freedom loving business people with our business.


8 posted on 11/12/2009 9:41:31 PM PST by lurk
[ Post Reply | Private Reply | To 1 | View Replies]

To: Russ
Despite all that has gone on these past 10 months anyone who says we are now a communist nation never lived in a communist nation.

Pretty sweeping statement, that.

9 posted on 11/12/2009 9:43:01 PM PST by thulldud (It HAS happened here!)
[ Post Reply | Private Reply | To 4 | View Replies]

To: blam
Don't Fool Yourself: America Is Now A Communist Nation

Stop Being A Drama Queen: No, It's Not

10 posted on 11/12/2009 9:43:13 PM PST by Darkwolf377 (Godspeed, T, on your fourth tour of duty in Iraq.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: unkus
"The bastards will never conquer the Soul of America!!!"

In the long term you are correct. In the short term we are in for a bad ride.

Stay safe.

Bart.

11 posted on 11/12/2009 9:49:13 PM PST by blackbart.223 (I live in Northern Nevada. Reid doesn't represent me.)
[ Post Reply | Private Reply | To 7 | View Replies]

To: blam

The reason for this is that, in order to understand why a market works, you have to THINK.

On the other hand, everybody can “understand” why a command economy is “a good thing.” You tell people what to do, and then they do it. “Make flat-screen TVs,” “build cars,” “invent new medical devices,” “develop new drugs,” create jobs.”

See? It’s easy!


12 posted on 11/12/2009 9:49:55 PM PST by Arthur McGowan (In Edward Kennedy's America, federal funding of brothels is a right, not a privilege.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: blam

I believe that is why David Barton has been prepared for a time as this to re-establish America’s heritage.

plz check this out when you get a chance. parts 1 thru 5.

http://www.youtube.com/watch?v=OdhWitlgkd0&feature=related


13 posted on 11/12/2009 9:50:00 PM PST by swheats (America! America! God mend thine every flaw, Confirm thy soul in self-control, Thy liberty in law!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: lurk
"It would be helpful to find out whether the people one does business with leans right or left. Support freedom loving business people with our business."

That's exactly what I do and encourage others to do the same.

14 posted on 11/12/2009 9:50:22 PM PST by blam
[ Post Reply | Private Reply | To 8 | View Replies]

To: Darkwolf377
"Stop Being A Drama Queen: No, It's Not."

America is not a communist nation. The problem is a communist is in power at this time and he has the backing of the congress. This will all work out at some point I hope.

15 posted on 11/12/2009 9:54:47 PM PST by blackbart.223 (I live in Northern Nevada. Reid doesn't represent me.)
[ Post Reply | Private Reply | To 10 | View Replies]

To: blackbart.223
You are correct, of course.

We have an infection which the body politic will ultimately reject, starting next election day.

16 posted on 11/12/2009 9:56:37 PM PST by Darkwolf377 (Godspeed, T, on your fourth tour of duty in Iraq.)
[ Post Reply | Private Reply | To 15 | View Replies]

To: blam

RE: “A new BBC poll finds that only 11 percent of people questioned around the world – and 29,000 people were asked their opinions – think that free-market capitalism is a good thing.”


-People are confusing “corporatism” with captitalism.


17 posted on 11/12/2009 9:58:52 PM PST by FBD (My carbon footprint is bigger then yours)
[ Post Reply | Private Reply | To 2 | View Replies]

To: blam
Don't Fool Yourself: America Is Now A Communist Nation

Baloney!

America still has a long way to go before it can be designated a "Communist nation."

18 posted on 11/12/2009 10:06:09 PM PST by Fiji Hill
[ Post Reply | Private Reply | To 1 | View Replies]

To: Darkwolf377
"We have an infection which the body politic will ultimately reject, starting next election day."

I think you are correct. I just hope not much more damage is done. Time will tell.

Stay safe.

Bart.

19 posted on 11/12/2009 10:08:24 PM PST by blackbart.223 (I live in Northern Nevada. Reid doesn't represent me.)
[ Post Reply | Private Reply | To 16 | View Replies]

To: Fiji Hill

The last time I visited Venezuela a few years ago, it wasn’t a communist nation either.

It is now.


20 posted on 11/12/2009 10:18:08 PM PST by zipper
[ Post Reply | Private Reply | To 18 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-74 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson