tag:blogger.com,1999:blog-3758330678390419129.post1091216270184004766..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Global Insiders Warned: U.S. Debt Crisis Could Explode at AnytimeRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-3758330678390419129.post-30359997883357356772011-02-02T15:39:52.059-05:002011-02-02T15:39:52.059-05:00This process has gone on for decades, especially w...This process has gone on for decades, especially with detaching dollars from gold. I'm no gold bug, but 'In Xerox We Trust' hasn't worked too good anywhere its ever been tried.<br /><br />Since 1974 the logarithmic alpha has been about 2x-per-decade for debt growing and money losing value. Its like runway chain reaction in atom bomb though. Eighty neutron generations thereabouts Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-66377891312753285992011-01-27T12:34:20.122-05:002011-01-27T12:34:20.122-05:00Only seriously stupid people work for a living. Th...Only seriously stupid people work for a living. These criminals steal 50% in taxes and the other half in inflation.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-34599346683813523682011-01-27T07:53:55.743-05:002011-01-27T07:53:55.743-05:00Isn't it ironic, looking for solutions from th...Isn't it ironic, looking for solutions from those who are responsible for getting us here in the first place.<br /><br />We need to stop allowing the mental/ideological inbred the ability to frame the issue within which we must respond.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-19512765742012899312011-01-27T04:34:32.332-05:002011-01-27T04:34:32.332-05:00The TV show Jericho is starting to look more and m...The TV show Jericho is starting to look more and more like the most likely scenario with every passing day. When things start heading off a cliff the Ruling Class will need something big to reroute the crazy train, and it's going to come in the form of nuclear "terrorism", followed by a corporatist dictatorship Mussolini-style. A private Blackwater army will provide the muscle with Bastiat's Ghosthttp://bastiat.orgnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-81464631577568646742011-01-26T16:41:51.976-05:002011-01-26T16:41:51.976-05:00Invest in America? When they're 1.2 trillion i...Invest in America? When they're 1.2 trillion in the hole. You need to pay off those credit cards before you buy anything new O-Bubba.<br /><br />Oh yes. Invest in education. When last years grads can't find commensurate jobs? Why train for engineering when the global pay scale is $27k/yr. in Russia, Poland, India, China, etc. Can you raise a family in America on $27k?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-38756255877803423042011-01-26T15:16:09.744-05:002011-01-26T15:16:09.744-05:00Following this global economic theme, the US defic...Following this global economic theme, the US deficit dilemma, is one of my favorite past times. I'm glad the "HC bill repeal" effort is over because I don't think there is anything else that can be used to avoid the debt ceiling issue which should be very revealing and entertaining. I seriously doubt that "(we) have the political will to face up to what we must do." Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-61360842539575255422011-01-26T14:43:35.790-05:002011-01-26T14:43:35.790-05:00The "policy action" that this bankster t...The "policy action" that this bankster terrorist speaks of is really gaining total ownership of the Amerikan Tax Cattle(TM).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-4948532647047101812011-01-26T13:33:27.965-05:002011-01-26T13:33:27.965-05:00It will never be "admitted to all" that ...It will never be "admitted to all" that there is no money. They will continue printing it until no one wants it any more, then they will print something else. Then they will issue electronic "credits" which will be enforced by legal tender laws. We're all hosed.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-84138620192884423512011-01-26T10:37:16.105-05:002011-01-26T10:37:16.105-05:00The economic medicine has a expiration date (and i...The economic medicine has a expiration date (and it's about to expire) that makes it less and less effective as time goes by. It will probably come to helping thy neighbor on a very local level when it is finally admitted to all "there isn't any entitlement money or for that matter any money".Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-91802558975361542652011-01-26T02:46:46.718-05:002011-01-26T02:46:46.718-05:00You mean by 'policy action' keeping their ...You mean by 'policy action' keeping their buddies sweet while flaying the skin off the backs of everyone else?Heathroinoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-26531237769617258502011-01-26T00:30:57.326-05:002011-01-26T00:30:57.326-05:00kudos to epj for bringing this to the fore. the us...kudos to epj for bringing this to the fore. the us has mortgaged its future for the next few decades (unless there is a disruptive event). wonderful to see that lila rajiva is still part of the global dialogue. keep engaged and keep posting lj (here and at the db).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-65209721293612921282011-01-26T00:17:57.104-05:002011-01-26T00:17:57.104-05:00These violent little Hitler-wannabes know exactly ...These violent little Hitler-wannabes know exactly what is wrong...Goverment Terrorism that enacted laws and taxes that enslave and slowly murder everyone. The infantile and retarded electorate - made possible via their Public Schools and TV broadcasts - Don't have the slightest clue.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-37671138465574329602011-01-25T18:05:58.533-05:002011-01-25T18:05:58.533-05:00The money line:
"Growing out of our fiscal m...The money line:<br /><br />"Growing out of our fiscal morass over time without policy action would require inconceivable rates of growth."<br /><br />Ergo - he advises "policy action."<br /><br />What sort, I wonder.Lila Rajivahttp://www.mindbodypolitic.comnoreply@blogger.com