- On 4 Sep 2012
U-Turn in quality of living ahead of us.,
The comments are fascinating. Nothing has changed.
>> but during WWII the debt to GDP was considerably
>> higher than it is now, so historically speaking
That is flat false. Our debt vs. GDP is now higher than ever
before in history. Look at the data. And our GDP is a joke now.
The GDP number includes GOV SPENDING - that is an expense!!!
That is overhead, not revenue. Gov stats are rubbish.
>> we could spend our way out of the current economic situation
>> and not be in dire straights.
Are you brain dead? Does that make any sense to you?
In what Universe? "Spend our way out" ????????????
Let me pose a simple question:
Let's say there are 2 people: one saves all his money, and one spends all his money. Which one goes broke, and which one gets rich?
The answer is obvious to anyone with a lick of common sense.
Do you understand Demographics?
Who spends more and pays more taxes:
- someone age 30-50
- someone age 50-70
There is no growth possible now. Only contraction.
The tide is going out. Employment has been falling since 2000,
and real personal income has been falling for nearly 20 years.
Wow, the mentality of the public is truly scary.
We are in a whole lot of trouble.
- On 3 Sep 2012
U-Turn in quality of living ahead of us.,
If you want reality read Chris Hedges book: "Empire of Illusion". Do a search for the following and you can see an interview of him about it:
Chris Hedges: "Brace Yourself! The American Empire Is Over & The Descent Is Going To Be Horrifying!"
For the past 30 years Americans have not cared at all about living beyond their means, no one cared about the debt, we just wanted to believe the best political liars who offered us a Free Lunch. It is no one's fault but our own. Blame yourself for being a fool.
We wanted Disneyland. We threw a real big party, and now we have $16 Trillion of debt. Borrowing money makes you think you are rich when you are not. When the credit line gets cutoff, its time for bankruptcy, and then your standard of living goes off a cliff. We're almost there.
Most Americans still don't even see the cliff. They can't stand to hear bad news. No surprise, they haven't seen it for 30 years. It's been there all along. Reality is not optional. You can't change the channel like a TV show. Only requires common sense: YOU CAN'T LIVE ON A CREDIT CARD FOREVER.
The US Fed Gov is now spending nearly 2X more than it takes in Taxes. We're nearly out of road to kick the can down. Yet people still don't care. They are still buying into the lies of the Reps or Dems.
Politics is just a Carnival Side Show designed by the bankers to keep the stupid public occupied. People are still falling for it, they still believe in Door#1 or Door#2 like it is some game show. We had a chance to vote for an honest man, Ron Paul, but still the people just want the best liar. They still don't get it.
The only way people will ever get power is to stop asking for the Free Lunch and live within their means. But they don't want reality, they want Disneyland. America should be renamed: "Home of Disneyland, Land of the Free Lunch"
What will it take? Collapse. That is the only solution now available. History repeats itself, as David Walker / GAO said it will be the same as the Fall of Rome. Only this will be much worse.
The Demographics spell certain doom, just as it has for Japan, then Europe, and next the US. 10,000 people in the US now turning 65 everyday for the next 20 years. 2/3's of the US will not be working,
expecting the 1/3 remaining to support them in the lap of luxury. Mathematically impossible. Pure insanity.
Yet people still don't want to face the facts, they don't want to hear the truth, they just want the Free Lunch. The train is headed straight into the wall. Enjoy the ride. It gets much more bumpy from here.
- On 21 Mar 2012
What do you hope to accomplish arguing politics?,
What the other writer "CLOUD" says here is correct. The public are largely fools that do not have the facts and reality. That is a huge part of why the political debates go nowhere.
The reason is largely the gov/big corp/banker controlled media lies, and the deficit spending which has hidden the truth. Right now the FedGov spends 26% of GDP while Fed taxes are 17% of GDP. So we have a -9% GDP deficit/year.
That is horrible enough, but add in the trade deficit, and the state losses, and and we are bleeding from every orifice of our body.
(BTW: the FedGov only spent 0.13% of GDP in 1913.)
If the Reps want more military, and if they actually were TAXED to pay for it, they'd be changing their minds real quick.
If the Dems want more social spending, and if they actually were TAXED to pay for it, they'd be changing their minds real quick.
Deficit Spending = Disneyland, and Disneyland is closing.
Just look at Europe. It ain't fun. Our turn is coming very soon.
Free lunch time is over. Reality is coming. Neither party represents reality, with the exception of Ron Paul. He is the only one telling people the truth, and most people don't want to hear the truth, they want to keep living in Disneyland.
So we are all riding in a plane out of gas, in a death spiral headed towards the ground. Yet most of the idiots on board want to spend their time arguing over whether they get the Vodka or Rum drinks for Free.
That is exactly how insane all of this actually is. When the plane hits the ground, the type of Free drinks ain't going to matter anymore.
After the things that Bush has done, and now the things that Obama has done, you would think more people would have realized these are all just banker puppets: Reps or Dems there is no difference.
Electing more puppets won't stop the plane from crashing. They are only offering you more Free drinks just to get elected, and to keep you happy and stupid, while the plane crashes into the ground.
Wake up folks. You have a rare opportunity to elect someone who is telling you the truth for once, and has the backbone, courage, and character to stand up to and expose the corruption.
Famous quote: "The people get the government they deserve."