he's sooo progressive he spells lead stories, LEID stories...
Posted on 12/30/2012 3:47:39 PM PST by Lorianne
Podcast/audo 52:57
Will “the cliff” do the trick? Or must we wait for the wave of municipal bankruptcies to kick in first? Why has government spending accelerated if we are truly in a “recovery”? Why is the Fed massively padding its balance sheet? How much of the economy is sapped by unproductive activities? With government responsible for almost half of GDP, how much longer will it be before private business just gives up altogether and America wakes up to a Communist society? It is moving inexorably in that direction. Some statistics proving the presence of deflation.
that would be good for America, but it ain’t going to happen until the real collapse
Many of us who made it beyond the ninfe grade have been asking this and trying to calculate the crash point for a few years. Hard to figure it.
Here is where it gets reset.
We’re waitin’ for State Bankruptcies.
Axe the Hairy Reed.
politicians can not act, they can only react
Source no doubt thinks waking up to a Communist society would be a good thing...
Yup!
I think it is going to turn out entirely differently than he had planned.
Remember what happened to Mussolini?
Negative output due to government regulations....
They are only figuring this out now?
I’m in Georgia...It’s not great here but we will survive...
But screw California and New England if they think we are going to bail them out....
Half of the government’s problem is that lower level managers budgeting for their Operations and Maintenance costs realized this fall was coming, so over the past 7 years have inflated their operating costs and staffs, so that when the crunch arrived, they could simply get rid of their excess and never feel the crunch.
This will only exacerbate problems because now the system operates so inefficiently, it is likely to can the most efficient workers, as the least efficient, so not to make any difficult decisions, ....or will lapse into a good ol’ boy mechanism where more even handed employees are swept out with the tide.
Doesn’t sound that way from this podcast
Doesn’t sound that way from this podcast
he's sooo progressive he spells lead stories, LEID stories...
This was the main issue in this past National Election. Unfortunately it was never discussed as a topic - - - - .
Anyhow, thanks for bringing it up.
The article writer must have become a tad detached in the last 4 years as he wrote this “ - - - and America wakes up to a Communist society?-—”
To late Richard Martin, to late - - - .
Paraphrasing:
“this cliff is as predictable today as it was 10 years ago, as Americans keep spending more than they are taking in”
My only problem is he blames “Americans” which is a pretty broad brush. It’s the big-government politicians and their cultivated cabbage-head supporters.
Piqued my interest, so I started looking up the Baltic Dry Index, and found the above site, credited to a different author.
It’s an almost word-for-word copy of the podcast (but two weeks prior)
Out of further curiosity, I googled some more of Martin’s podcast, and found this:
http://ewallstreeter.com/deflationary-trends-in-consumer-credit-3664/#
Again, word-for-word, but three weeks prior to the podcast.
Question: who plagiarized whom?
Found this, too:
http://earstory.blogspot.com/2008/09/richard-martins-wake-up-call.html
“All Richard Martin does is plagiarize articles verbatim from blogs like theeconomiccollapseblog.com, edit a few words here and there to make it sound like he wrote it, or he cuts out things he doesn’t like, and then he delivers a well practiced monologue that makes him sound like he’s a genius speaking off the cuff. He never gives the real authors credit. “
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