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Fearing an Impasse in Congress, Industry Cuts Spending
New York Times ^ | 08/06/2012 | NELSON D. SCHWARTZ

Posted on 08/06/2012 11:01:49 AM PDT by SeekAndFind

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To: Myrddin; SeekAndFind

Many will just close the doors and stop the financial hemorrhaging. Stash the cash and do something else. Downsize to a level that will permit an extended hunker down.


I think you will be correct in what will happen. On the other hand I expect draconian laws to be passed that will allow the Government to confiscate “Unused and Excessive funds”. Those people are desperate for all the money they can get into their hands.


21 posted on 08/06/2012 5:08:15 PM PDT by The Working Man
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To: The Working Man
Those "unused and excessive funds" need to be moved out of the reach of the government ASAP. Offshore or in a private vault. Preferably as a hard asset that can't be stolen by arbitrary devaluation. Electronic "currency" will be raided.
22 posted on 08/06/2012 7:27:51 PM PDT by Myrddin
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To: cableguymn

He will show you!


23 posted on 08/06/2012 7:37:31 PM PDT by tallyhoe
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To: tallyhoe

He will show you!


So I have to vote for the guy before I can know if the guy will actually do what he says and not what he did?

I’m going to vote for the guy because he’s not Obama, and even though he worries the hell out of me, I just don’t think he is as bad as Obama..


24 posted on 08/06/2012 9:08:55 PM PDT by cableguymn (For the first time in my life. I fear my country's government.)
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To: cableguymn

So don’t vote or throw your vote away! Frankly I don’t give A Darn!


25 posted on 08/07/2012 12:08:09 PM PDT by tallyhoe
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To: tallyhoe

dude.. relax. have a beer..

I said I’d vote for Mittens.. Telling me not to vote or to “throw my vote away” is kinda pointless at this time isn’t it?


26 posted on 08/07/2012 12:23:14 PM PDT by cableguymn (For the first time in my life. I fear my country's government.)
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To: cableguymn

Well don’t complain so much about mittens he is one heck of allot better than what we have now. A Communist!


27 posted on 08/07/2012 7:00:19 PM PDT by tallyhoe
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