American capitalism gone with a whimper

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PTG
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Postby PTG » Sat Jan 23, 2010 7:53 pm

Exactly Patch.

The situation in terms of tax burden compared to the US is even higher in most EU countries. The middleclass over here ends up paying 70-80% of their earnings in taxes.

The whole point is that in an economy, civil "services" are financed by monies that haven't been allocated according to highest needs through a competitive price mechanism. There is no alternative, you have to buy their "services" in order to move forward (unless one dares to live like the gentlemen in the video clip as per my previous post).

On top of that, since fiat currencies like the dollar are unlimited in supply (they are created out of thin air), there is no limit to the finances of the federal state. It shouldn't come as a surprise, for example, that the Washington DC area is one of the few areas where the economy isn't affected as badly as elsewhere.

Enough people need to understand the mechanisms behind all this. Central banking is the issue; it needs to be stopped. People in the know need to educate those who don't know. This is going to be one heck of a struggle. And it will get ugly. Those in control will not let go of their profitable positions without a fight, maybe even literally.
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Patch
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Postby Patch » Sat Jan 23, 2010 8:28 pm

PTG

While in Texas I read about 160 something pages of Mark Levin's book, Liberty and Tyranny. The corruption and the lack of conscious and concern for doing simply what is right and wrong in DC, and no doubt throughout the entire country, is very upsetting for me. I was getting so upset, I stopped reading for a couple weeks. We are in a very bad way morally and therefore in every other way. jbz
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Postby Madyliene » Mon Jan 25, 2010 9:43 am

Hi Guys!
New here in this site!
Im so glad I found this site!
I hope I can have more friends here!
Thanks!
Good Luck!...


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bredin
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Postby bredin » Tue Feb 02, 2010 8:34 am

"Can anybody rid me of this accursed priest.... er spammer"

with apologies to bill shakespeare.
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Patch
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Postby Patch » Tue Feb 02, 2010 1:18 pm

bredin

Just wondering is this fair young maiden Madyliene truly a spammer? I see she has 3 posts as of 8.13 am est. I've not seen her other two posts. For the most past it seems avoid them, ignore them and they tend to go away. They are an annoyance.

I am very concerned about the new budget put forth by the current president. The US economy will be crushed and destroyed by the debt burden and usher in marshal law declared by the self same president. Don't believe a word from this man's mouth, see and hear his actions.

Patch
In VA
Last edited by Patch on Wed Feb 03, 2010 2:48 am, edited 1 time in total.
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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newschool
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Postby newschool » Tue Feb 02, 2010 4:26 pm

Yes the US debt is gigantic, but like pointed before, Europe is really not doing better. I believe its in fact the whole West who is trouble, because of our socialist tendencies. In a global market like today, we simply cannot compete...

Asia (including India) will take the spotlight...

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bredin
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Postby bredin » Wed Feb 03, 2010 1:26 am

Patch, remember that currency IS debt and in any economic system based on a usurous currency as soon as even ONE "interest" payment is made it instantly becomes impossible to pay the principle as there is less currency in circulation than outstanding debt. The ONLY way to keep up with payments is to 'borrow' more.... instant slavery at the national level.

The course of action is to do exactly what (for want of a better word) the elites dont want you to do: which is dump all personal debt as hard and fast as possible. It is not possible for everybody to get out of debt, for the reason outlined above, so you have to do something else the elites dont want you to do: put YOUR family first, THEN help others.

Also to note is that debt repayments, coupled with refusal to take on more debt, cause recession by dint of contracting the money supply.

It is a shame that law forces us to accept currency, if offered, for goods and services, as it means that the people cannot create their own unencumbered currency.

Cheers
G

PS all three posts promote the same link as their primary focus, and I thought to make light of bills plays :)
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Patch
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Postby Patch » Wed Feb 03, 2010 2:56 am

bredin

Terrific statement of truth. Following the self same truth will play a big part of each one of us being set free. Truly elitism plays the leading roll in what is going on before us in the US right now. The men and women in the US house and senate are far from being servants of the people and guardians of the greatest document of self governance in the entire history of the world. Once Lost Freedom and Liberty are Hard to Recover.

A key part of the picture for each of us is to use our trading to set a firm financial foundation to help affect change and weather the coming storms.

Patch
In VA

Never Never Never Never Never Give Up !!!
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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Postby newschool » Sun Feb 21, 2010 8:42 pm

Did you see how Micheal Moore named his new "film" ? This guy is a joke.

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Powerful speech closes CPAC Saturday

Postby Patch » Sun Feb 21, 2010 9:36 pm

Last night I at 6pm EST I listened to Glenn Beck give the closing key note at the CPAC meeting here in Washington DC. Beck's speech was one of the best on America I've heard in since Ronald Reagan. He as done his homework and is powerful. Click on the afternoon session is you need to.

Advance to video time to 3hr:17min:00Sec to advance to Glenn.

http://www.c-span.org/Watch/Media/2010/ ... eting.aspx

Especially, If you don't like Glenn listen to what he has to say and please post your thoughts.

Silly Patch
for 19 more hours...
In VA
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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