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

The author makes two compelling points: the financial situaiton of the USA is much worse than the press admit, and probably can't be turned around. And there is a small elite which is profiting even during this collapse.
1 posted on 02/04/2010 11:50:20 AM PST by Jack Black
[ Post Reply | Private Reply | View Replies ]


Navigation: use the links below to view more comments.
first 1-2021 next last
To: Jack Black

Economy ping


2 posted on 02/04/2010 11:53:07 AM PST by gleeaikin
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jack Black

We Are So Screwed... (c)


3 posted on 02/04/2010 11:57:19 AM PST by Old Sarge (Marking Time On The Government's Dime)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jack Black

Ping for CWII ping list. The facts are both vivid and depressing. What is the response to most Americans to the open looting that is going on? (Today's $100 Million bonus's to the very unit of AIG that bankrupted the company is a great example).

Is there any point where it becomes too much to bear? Have we been so sheeple-ized that we will just acquiesce to all this? Does the idea of our kids paying 75% of their income in taxes (and perhaps still not getting health care for it) upset anyone?

4 posted on 02/04/2010 11:57:59 AM PST by Jack Black
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jack Black; Abathar; Abcdefg; Abram; Abundy; akatel; albertp; AlexandriaDuke; Alexander Rubin; ...
When government “representatives” deliberately sell into slavery the citizens of a so-called free Republic, they have committed treason against those people. This is exactly what has happened in the United States: the citizens have been sold into debt slavery that they and their descendants can never escape...

There's no doubt anymore that our debt is becoming a national security issue, and that our own government is the biggest threat we face.



Libertarian ping! Click here to get added or here to be removed or post a message here!
View past Libertarian pings here
5 posted on 02/04/2010 12:00:53 PM PST by bamahead (Few men desire liberty; most men wish only for a just master. -- Sallust)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: conservatism 4 me

4 your reading and comment.


9 posted on 02/04/2010 12:11:29 PM PST by Mark17
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jack Black

“probably can’t be turned around”

That’s pretty grim.

So, what are we facing? Starvation? Invasion? Default on the national debt?


10 posted on 02/04/2010 12:13:36 PM PST by dsc (Any attempt to move a government to the left is a crime against humanity.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jack Black; Old Sarge; bamahead

Time for a good ol’ World War to shake things up. (and get the economy rolling.)


12 posted on 02/04/2010 12:22:09 PM PST by wolfcreek (http://www.youtube.com/watch?v=Lsd7DGqVSIc)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jack Black

And Barry is just getting warmed up .


13 posted on 02/04/2010 12:26:46 PM PST by dbrew2u
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jack Black

The article here & comments at this article are from 2005:

“European Left Helps DNC to Re-Educate America”

By Red Square

http://thepeoplescube.com/red/viewtopic.php?t=129


15 posted on 02/04/2010 12:34:46 PM PST by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spirito Sancto.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jack Black

Yes, but as far as the conclusion goes, perhaps it doesn’t end with a dictatorship by a ruling elite. My sense tells me that the “elite” will in big trouble if wealth seizure is attempted. The “elite” may find themselves before firing squads of angry citizens at stadiums everywhere.

This alone would cause moderation in execution of ill conceived seizure plans.

If the election of one Republican senator from Mass can turn the political class on its head, think of their reaction to the potential action of tens of millions of armed citizens.

Our founding fathers got the 2nd Amendment right. There’s a reason it exists.


18 posted on 02/04/2010 12:53:47 PM PST by Gulf War One
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jack Black

Sergeantdave’s unofficial economic report:

I’m seeing big growth in cash for service and a big leap in the quality and quantity of goods in the underground markets. High-priced manufactured foodstuff (yuppy spaghetti sauce, olive oil, nuts, imported Italian noodles, canned crab, etc.) is selling for about 50 to 75% less than on store shelves. Common low price food (cans of vegetables, tuna, soup, etc.) is sometimes selling for more than at the grocery stores. (Watch for expiration dates) Fresh fish very high prices, but get to know the fish monger and he’ll give a good price at end of day. Power tools galore for bargain bin prices. Hand tools priced high. Most ammo and arms are still in the high price range. Fresh fruit and veggies coming in daily at very low prices, except pineapples. Still $4 each. Meanwhile, the obuma booths at the local fleamarkets sit mostly unattended with massive disinterested crowds passing by.


24 posted on 02/04/2010 4:27:13 PM PST by sergeantdave
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jack Black

The Federal Government is a terminal cancer on this country, and the media and the lying politicians are passing out nausea medicine in the form of propaganda to mask the symptoms.


26 posted on 02/05/2010 9:27:27 PM PST by spodefly (I have posted nothing but BTTT over 1000 times!!!)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jack Black
he's right about the elite ruling class , "the borrower is slave to the lender" as the bible proverb states.

the treachery of the moneylending sytem is on so many levels, from retail sales monopolies, to utility monopolies, to credit card debt, to mortgages, to stocks and bonds, right up to national debt and taxation, it is all manipulated and orchestrated by the unbridled moneylending monarchy as in the old days of kings and queens

30 posted on 02/06/2010 3:32:15 AM PST by KTM rider ( ..........tell me this really isn't happening ! !)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jack Black
Of course. Such is the path of history.

We have had a democracy for some time (the republic died long ago), and such states always go either to tyranny or fall apart. We should assume the US is no different.

34 posted on 02/06/2010 10:42:21 AM PST by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jack Black

Democrats should never be treated with even the smallest amount of respect or tolerance. They are a walking lethal virus worthy only of eradication. They bring absolutely nothing good into the world. They ONLY thing they do is kill and consume the weak throughout their entire worthless lifespans.


35 posted on 02/06/2010 12:15:46 PM PST by Soothesayer (The United States of America Rest in Peace November 4 2008)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jack Black

"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."

~~Ludwig Von Mises

(What comes after that is a total disaster: CW2, Max Max or tyranny.)

41 posted on 02/08/2010 11:50:50 AM PST by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jack Black
When Fannie Mae and Freddie Mac were nationalized at enormous taxpayer expense, the government approved $6,000,000.00 individual pay packages in 2009 (150 times the average American wage) for the CEOs of both failed companies anyway.

I can't imagine why there is a problem.

42 posted on 02/08/2010 12:01:40 PM PST by dragnet2
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jack Black

When more than seven million American workers lost their jobs and were subsisting on unemployment benefits and food stamps, federal government employees, who now earn DOUBLE what private sector workers earn, were given another round of pay and benefits increases anyway.


43 posted on 02/08/2010 12:02:18 PM PST by dragnet2
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jack Black
When private sector workers’ 401Ks and IRA retirement plans plummeted in value due to economic collapse and endemic Wall Street-orchestrated market corruption (including systemic front running, flash trading, naked short selling and other manipulations), government “defined benefit,” lifetime-cost-of-living-adjusted pension plans, despite already being underfunded by $2,000,000,000,000.00 ($2 trillion), were made richer than ever anyway.
44 posted on 02/08/2010 12:03:36 PM PST by dragnet2
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jack Black

Governments that openly defy the people are either already totalitarian or in the process of becoming so. Monetarily, the United States clearly functions as a totalitarian dictatorship already


45 posted on 02/08/2010 12:05:33 PM PST by dragnet2
[ Post Reply | Private Reply | To 1 | View Replies ]


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

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