About Zak

Zak


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In United States
Registered Sep 22, 2010


Zak's most recent comments:

  • On 31 Jul 2014 in Fed Buys 71% of US Treasuries! We Have to Abandon Free Market Principles...., Zak said:

    >No, I suggest you don't wax nostalgic about what you missed out on. Be careful what you wish for.

    you're right. I should just be grateful that the 40% coming out of my paycheck isn't because of communism! Ugg. how dare i suggest that it might be nice to pay only 15% tax as if my income were capital gains. I am just a stupid peon worker. I should be grateful these kind people want to take care of me so well. They have my best interest at heart .. you swear! They really do need to read my email and listen to my phone calls because TERRORISM! my poor pea brain is incapable of any reason or self direction of my life.. CAPITULATE TO THE STATE! chant it with me!

  • On 30 Jul 2014 in Fed Buys 71% of US Treasuries! We Have to Abandon Free Market Principles...., Zak said:

    >Watch what happens to that cash in a deflationary depression when families need that money to buy food because there are no jobs.

    During the great depression a LOT of people moved back to the country and farmed food with relatives. You MAY be right that people are no longer able to support themselves and may die, just from a lack of any basic ability to care for themselves outside of a supermarket society. If that happens, the government should just raise my tax rate to 95%, and they can just be in charge of feeding everyone and determining who gets what, because we just can't have people dying from their own stupidity.. it's not fair.

  • On 30 Jul 2014 in Fed Buys 71% of US Treasuries! We Have to Abandon Free Market Principles...., Zak said:

    >You type it but you don't get it. On the one hand, people scream "Too big to fail!!! Let them die!!!". On the other hand, people say "No bailouts!!! Let them get liquidated!!!!".

    uhh, those things are not opposites at all. in fact, they are the same thing. AIG was "too big to fail". we should have let it die. it shouldn't have gotten a bailout. It should have been liquidated.

    When Lehman when through bankruptcy, it was split up and sold to a variety of other banks. By definition, 1 less means some kind of consolidation. Nothing to fear there. What is to fear is the damage inflicted on the smaller banks by propping up the unprofitable actions of AIG. Multiply this by all the TARP "bailouts".

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