Do you really want the markets fixed?

That is the goal, right?
Back to business as usual, right?
Quickly! ASAP! Now!...right?
This isn't a political attack or a set up.

I wonder if this is what purgatory is like?
I don't know if I'm coming or going. I await a revolution while keeping about my daily activities. I work because I don't have a second thought my the money in my pocket will soon become worthless, while I'm stocking up on food and ammo.
I'm chasing my own tail.

If Americans woke up to the way the banks, in concert with the federal government, are ripping them off with this bailout scam we'd have a revolution by morning.

Vi

To fix the markets people have to start buying stuff again.

For people to start buying stuff again, they need some jobs.

In order to have jobs, we need either to bring manufacturing back to the US or find a new industry to tap into and fast.

Wait until later this year when all the credit card defaulting starts happening. That's the new prediction, people are relying too heavily on their credit cards to see them through, with no dollars at the end of the rainbow.

There is no revolution coming is there?
There is no fresh start coming, is there?
To wake up debt free, I really thought it was real.
To hand my son a better life then mine, I really bought into that idea.

It remind me of a sad slave story. This slave master was going to die and stated in his will, upon his wifes death the slave family would be set free. When the wife finally did die yrs later and at the reading of her will, she bequeath the slave family to her young niece. This family was turned down by the courts and remained in slavery.

Don't lose hope Joe, revolutions don't happen overnight. People are starting to go nuts and shoot people, we're on the edge.

misshestermoffitt said:

Don't lose hope Joe, revolutions don't happen overnight. People are starting to go nuts and shoot people, we're on the edge.

Click to expand...

Yes, but for a Revolution to be successful it needs to be organized, and I don't think an armed organized Revolution would work.

For some reason I can just see the Politicians using Nukes against their own Citizens.

Then again, Politicians have this habit of using Suits to disguise the disgusting state of their character. Same with Lawyers, and some CEOs.

No, any revolution would have to include at least 3 Million unarmed people marching into D.C., into the Hill, dragging the Politicians out of there, rolling up the Guillotine, and lopping off some heads.

Then do the same with the White House, and probably the Supreme Court.

Using Force wont work, and only a quick strike can accomplish the goal with out massive amounts of bloodshed.

Nay Nay!! You organize a revolution you allow it to be co-opted by demagogues (or the Fed's themselves). Just keep doing what we are doing. Grow pot, take unemployment, suck government dry. Grind up pot seeds in a pepper corn grinder then sprinkle it everywhere. Steal the toilet paper from public bathrooms, LOL. Let government provide all that stuff. Go to work but cheat your taxes just fuck with them in little ways.

The Governments overreaction will piss people off. The tax rate will get so high (70-80%) that people will be screaming!! Then it will end, the people will elect someone who promises to cut all that crap out. Either that or The people will be so pissed about the government handouts to "Bad Citizens" they will march on the capitol and do our job for us. I say the more people on the government Dole the sooner the Dole will disappear and people will have to learn they can only take care of themselves Government can't do it for you.

Some people will say that being a "Bad Citizen" is wrong, Normally I would agree. However, with this government (repub.or Dem.) I say fuck it abuse the system until it collapses. This is simply non-violent protest.

ViRedd said:

If Americans woke up to the way the banks, in concert with the federal government, are ripping them off with this bailout scam we'd have a revolution by morning.

Vi

Click to expand...

only when the people are hungry and starving will you get a revolution.
i heard a guy i was playing a game with on line say he wasnt going to go back to work untill his unemployment ran out.
milk it for all it is worth.
the ones i know who are unemployed looking for work cannot find a job.

ilkhan said:

Nay Nay!! You organize a revolution you allow it to be co-opted by demagogues (or the Fed's themselves). Just keep doing what we are doing. Grow pot, take unemployment, suck government dry. Grind up pot seeds in a pepper corn grinder then sprinkle it everywhere. Steal the toilet paper from public bathrooms, LOL. Let government provide all that stuff. Go to work but cheat your taxes just fuck with them in little ways.

The Governments overreaction will piss people off. The tax rate will get so high (70-80%) that people will be screaming!! Then it will end, the people will elect someone who promises to cut all that crap out. Either that or The people will be so pissed about the government handouts to "Bad Citizens" they will march on the capitol and do our job for us. I say the more people on the government Dole the sooner the Dole will disappear and people will have to learn they can only take care of themselves Government can't do it for you.

Some people will say that being a "Bad Citizen" is wrong, Normally I would agree. However, with this government (repub.or Dem.) I say fuck it abuse the system until it collapses. This is simply non-violent protest.

Click to expand...

hell yea brother ,let them fail and let this country start over again under the constitution.with perhapps alot fewer people .but oh well
this country is over crowded anyways

misshestermoffitt said:

To fix the markets people have to start buying stuff again.

For people to start buying stuff again, they need some jobs.

In order to have jobs, we need either to bring manufacturing back to the US or find a new industry to tap into and fast.

Wait until later this year when all the credit card defaulting starts happening. That's the new prediction, people are relying too heavily on their credit cards to see them through, with no dollars at the end of the rainbow.

Click to expand...

Actually with just 10% unemployment it's not so much the jobs that are a problem Miss, it's more a matter of people not knowing what half-wit ideas D.C. is going to spit out next, and thus not able to be confident enough to actually start purchasing.

I mean, right now I'm thinking that
1. I'm going to get dinged by higher energy prices in the future (Obama's idiotic Environmental Policies)
2. The state might resort to the idiocy of raising taxes again.
3. Or the Local Municipalities might do the same.

About the only people I see winning in this entire situation are the bureaucrats. The poor are getting a head fake, as is the middle class. Obama is giving us a tax break, but taking it right back with a tax hike (or what amounts to a tax hike) on energy if he can get his loony Cap & Trade program passed.

Then there's the fact that if the energy company is forced to pay uneconomical rates for energy produced off grid via Solar or Wind, then they will probably hike rates again, which will probably spur more mal investment in Solar and Wind, resulting in even more rate hikes, creating an inflationary spiral in energy prices. Even if it tops out at an additional $50/month/400kwh then that's another $600 that's getting ripped out of everyone's pockets. The people that are going to get hurt the most are the poor, and middle class.

There's also no telling what the Cap & Trade regulations will do. It's possible that it will result in charges of another $10 - $50 a month by itself. 300% Inflation in Energy Prices due to government regulation, would suck.

It would also mean that the poor and the middle class are getting bent over by the government to a tune of $100 - $700/year in the worst case scenario, possibly more in the case of those with families.

Of course, this likely means that the states and cities will raise taxes so they can help the poor pay their utility bills. So the only people that are going to get shafted are the middle class.

Typical.

Under Bush, The Rich got Richer, the Middle Class more or less stayed the same, and the Poor stayed Poor.

Under Obama the Rich are probably going to get Richer, the Middle Class is going to get poorer, and the Poor are going to still be poor...

I still can't understand why politicians still hire economists that believe in Keyne's Policies, the last 70 years seems like a pretty good case against fallacy-laden Keynesian Economics.

there are like only three people on here that know what keynesian economics are.LOL
the rest think they are going to get a free hand out and the dirty evil filthy rich are going to get their come upons.,
id say there are way less than 30 percent of the american public that knows or somewhat knows what the fuck is even going on.

Under Bush, The Rich got Richer, the Middle Class more or less stayed the same, and the Poor stayed Poor.

Under Obama the Rich are probably going to get Richer, the Middle Class is going to get poorer, and the Poor are going to still be poor...

I'm afraid that under Bush, the middle class took a big hit, starting with wage stagnation or loss and ending with housing prices going through the floor. Just how many Middle class people bought houses at 300K plus and now have a 75-150K house with a 300K mortgage, But yeah, the rich definently got richer.
Under Obama, the rich will (should) take a fairly large hit. Let's hope it's enough to pull this economy together. BTW, I support a law to stop the rich from moving their money offshore. 10,000 a year max.

i hear ya. I go about my daily life, but i have changed my ways ever so slightly. i am saving more moey than i used to, i have been inclined to buying alot of silver lately. everyonce in a while i catch myself jotting down my dooms day plans or catch myself searching on ebay for ranch homes with its own well, solar power and is fenced with 9 foot walls. I want evrything to turn around but my gut feeling....i dont see this ship getting out of the storm. maybe paying for pelosi's new luxury jet will solve things.

medicineman said:

Under Bush, The Rich got Richer, the Middle Class more or less stayed the same, and the Poor stayed Poor.

Under Obama the Rich are probably going to get Richer, the Middle Class is going to get poorer, and the Poor are going to still be poor...

I'm afraid that under Bush, the middle class took a big hit, starting with wage stagnation or loss and ending with housing prices going through the floor. Just how many Middle class people bought houses at 300K plus and now have a 75-150K house with a 300K mortgage, But yeah, the rich definently got richer.
Under Obama, the rich will (should) take a fairly large hit. Let's hope it's enough to pull this economy together. BTW, I support a law to stop the rich from moving their money offshore. 10,000 a year max.

Click to expand...

DONT blame the rich for this. sounds to me like you want hitler..i mean obama to take everyones income and then divi it up accordingly.

I live in the heart of the foreclosures (Southern Cali) and its the upper class that can actually do something about this economy. Its the rich that have the money and dont want to put it anywhere because the US is so F***** up right now. And Obama is going the wrong direction to fix it. Its the lower -middle class that ate more than they could chew.

Westlake Ca is upper middle class - upper class and there has only been a hand full of forclosures. Oxnard Ca. is Lower to middle class. Where about 70% of the homes are now in forclosure or have already gone through forclosure.

If i had $1,000,000,000 i wouldnt even think about puting it in our corrupt economy.

panamajack777 said:

DONT blame the rich for this. sounds to me like you want hitler..i mean obama to take everyones income and then divi it up accordingly.

I live in the heart of the foreclosures (Southern Cali) and its the upper class that can actually do something about this economy. Its the rich that have the money and dont want to put it anywhere because the US is so F***** up right now. And Obama is going the wrong direction to fix it. Its the lower -middle class that ate more than they could chew.

Westlake Ca is upper middle class - upper class and there has only been a hand full of forclosures. Oxnard Ca. is Lower to middle class. Where about 70% of the homes are now in forclosure or have already gone through forclosure.

If i had $1,000,000,000 i wouldnt even think about puting it in our corrupt economy.

Click to expand...

Hi, Neighbor.

Vi

medicineman said:

Under Bush, The Rich got Richer, the Middle Class more or less stayed the same, and the Poor stayed Poor.

Under Obama the Rich are probably going to get Richer, the Middle Class is going to get poorer, and the Poor are going to still be poor...

I'm afraid that under Bush, the middle class took a big hit, starting with wage stagnation or loss and ending with housing prices going through the floor. Just how many Middle class people bought houses at 300K plus and now have a 75-150K house with a 300K mortgage, But yeah, the rich definently got richer.
Under Obama, the rich will (should) take a fairly large hit. Let's hope it's enough to pull this economy together. BTW, I support a law to stop the rich from moving their money offshore. 10,000 a year max.

Click to expand...

Med o Mao, you're being myopic.

The entire problem was that between Clinton and Bush interest rates were set at absurdly low levels, and credit was given to everyone, thus Home Prices were artificially inflated due to mal-investment.

So, when the market corrected for it, of course home prices fell.

It's the government in general that was responsible for this crisis.

50% of the poor are elevated out of poverty within 10 years. There is no social/economic stagnation...it's a myth. All you need to do is get off of the couch. If you accept handouts, then your chances are far less at getting ahead. Even Clinton got that one.


out.

Howdy. I sounded a little upset on my last post. I was just tripin. haha. So Cal is the place to be! even if every other house in some neighborhoods are vacant. there is still the warm sun, the blue sky and the beach.