“We have gone Galt in our family too. Not sure how it will work though, when the ‘giants’ of industry all are lining up in DC for bail-outs, instead of taking a stand for capitalism. Very sad.”
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Actually, (in theory) it will work even faster. The more they spend the money they took (stole) from us taxpayers, the faster it will run out.
Of course they will print up more, but the more they print the more worthless it will be.
Most if not all of the economic system we have now needs to fail. That includes greedy, failing big industries. (ie; the companies asking for taxpayer bail-outs)
It needs to fail before the majority of sleeping sheep will wake up and understand that a socialistic (or worse) society does not work. Never has.
Now the taxpayers could do this quickly, by taking in lower pay, (lower taxes) or by not paying taxes at all.(brave move) Both of these are conscious actions.
But unconsciously it can happen too. If the economy continues to take a dive, less money will go into the system.
Of course the decisions made after the collapse need to be pro-capitalism for any good to come out of the efforts.
The above is my grade-school type understanding of the economy. When I break down all the noise and side show explanations the experts give us, I get the above opinion.
As simple as I know it is, I think it is better than the obvious lies told to us by the current dictators and the MSM.
I do know that we all all going to pay the price for the bad past and present economic decisions. But everyone already knows this.
There is another alternative to taking lower pay or to risking not paying taxes.
There are many legal ways to reduce the amount of taxes you pay, but you need a good/smart tax accountant (and you have to pay him) in order to know and use all of them.