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...and off the cliff we go

 
^Faceless^

User ID: 9581681
United States
01/01/2013 06:43 AM
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Re: ...and off the cliff we go
meanwhile we're building two new super carriers. god bless 'merica!
 Quoting: Anonymous Coward 16648993


Debt based money and the defense industry are linked. You can't remove defense without addressing the money supply. The reason is that the global debt based system inevitably collapses eventually. And in the mean time, forces countries to eat each other to pay their debts. So, you either build big guns and go eating or you get eaten. So, if you want to address defense spending, address the monetary system at the same time, or get attacked down the road.
Anonymous Coward
User ID: 20756371
United Kingdom
01/01/2013 06:44 AM
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Re: ...and off the cliff we go
I think the US funds the IMF.

The US is the global currency.

It may come down to inflation in the end.
 Quoting: Anonymous Coward 20756371


They wouldn't be able to collect taxes if they went the inflation route. Inflation is a one shot deal, and after that, the goverment that does it loses the ability to collect taxes.
 Quoting: Anonymous Coward 31130701


They might not get a choice.
Anonymous Coward
User ID: 20756371
United Kingdom
01/01/2013 06:48 AM
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Re: ...and off the cliff we go
meanwhile we're building two new super carriers. god bless 'merica!
 Quoting: Anonymous Coward 16648993


Debt based money and the defense industry are linked. You can't remove defense without addressing the money supply. The reason is that the global debt based system inevitably collapses eventually. And in the mean time, forces countries to eat each other to pay their debts. So, you either build big guns and go eating or you get eaten. So, if you want to address defense spending, address the monetary system at the same time, or get attacked down the road.
 Quoting: ^Faceless^


Building ships creates jobs. That's why the Representatives want defence money for their area. Even though the Pentagon say they don't need it.

They have no choice to keep it all going until it all collapses.

Ecosystem for humans.

There will be people who know a lot more than me.
Anonymous Coward
User ID: 20756371
United Kingdom
01/01/2013 06:51 AM
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Re: ...and off the cliff we go
History happens sometimes without any planning.
Mr. Toppit

User ID: 26466623
United States
01/01/2013 06:52 AM

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Re: ...and off the cliff we go
Sequestration still comes in in two months time.

That's another event on the horizon.

Cuts in defence etc.
 Quoting: Anonymous Coward 20756371


There is no government and there is no sequestration.
 Quoting: Mr. Toppit


They were there yesterday. Whether they will still be there by Friday is anybody's guess.
 Quoting: Anonymous Coward 20756371


Its a working hypothesis. They won't be back until the end of January. Whether the US will still exist is anybody's guess.

Last Edited by Mr. Toppit on 01/01/2013 06:53 AM
Anonymous Coward
User ID: 20756371
United Kingdom
01/01/2013 06:53 AM
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Re: ...and off the cliff we go
I'm watching a programme now and the man just said the future is full of surprises.
Anonymous Coward
User ID: 20756371
United Kingdom
01/01/2013 06:55 AM
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Re: ...and off the cliff we go
Sequestration still comes in in two months time.

That's another event on the horizon.

Cuts in defence etc.
 Quoting: Anonymous Coward 20756371


There is no government and there is no sequestration.
 Quoting: Mr. Toppit


They were there yesterday. Whether they will still be there by Friday is anybody's guess.
 Quoting: Anonymous Coward 20756371


Its a working hypothesis. They won't be back until the end of January. Whether the US will still exist is anybody's guess.
 Quoting: Mr. Toppit


Obama could be exposed soon and then all bets are off as to what he would do.

Orly Taitz has a court case the day of the vote on the fiscal cliff. She has to strike lucky one day.

Everything he has ever done will be wiped out.
Anonymous Coward
User ID: 20756371
United Kingdom
01/01/2013 06:57 AM
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Re: ...and off the cliff we go
Justice Roberts is looking at his case.

He may get struck off the ballot in Florida yet.

That would really throw the cat amongst the pigeons.
Anonymous Coward
User ID: 20756371
United Kingdom
01/01/2013 06:58 AM
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Re: ...and off the cliff we go
So many imponderables.

Even the planet has a history of its own.
Anonymous Coward
User ID: 20756371
United Kingdom
01/01/2013 06:58 AM
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Re: ...and off the cliff we go
The House may not even vote for this bill yet.
Anonymous Coward
User ID: 20756371
United Kingdom
01/01/2013 07:02 AM
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Re: ...and off the cliff we go
It's already over the cliff as of now.

[link to twitter.com (secure)]
Anonymous Coward
User ID: 31219456
Croatia
01/01/2013 07:03 AM
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Re: ...and off the cliff we go
You need a leader, someone who will not be afraid to combat the banksters. But do not forget JFK.
Anonymous Coward
User ID: 20756371
United Kingdom
01/01/2013 07:06 AM
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Re: ...and off the cliff we go
Somebody who knows what they are doing would be a good idea.
Anonymous Coward
User ID: 20756371
United Kingdom
01/01/2013 07:10 AM
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Re: ...and off the cliff we go
This is a nice one for Orly ...

[link to twitter.com (secure)]
Anonymous Coward
User ID: 20756371
United Kingdom
01/01/2013 07:11 AM
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Re: ...and off the cliff we go
It could be about timing.
Anonymous Coward
User ID: 13700709
Argentina
01/01/2013 07:17 AM
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Re: ...and off the cliff we go
obama says they are close but thats like saying a kid is saying he is gonna clean his room while he is laying down on his bed
 Quoting: mrmuffins69


afro
Anonymous Coward
User ID: 31219456
Croatia
01/01/2013 07:17 AM
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Re: ...and off the cliff we go
Somebody who knows what they are doing would be a good idea.
 Quoting: Anonymous Coward 20756371


Their will reduce the amount of money in circulation, so more people will be broke because the money to repay the loan (and we are living in the money=loan system) will not be in the system, but you must know that this money(to pay interest) was never inserted in the system from the beginning. The final goal is to dispossess us of private and public property.
Anonymous Coward
User ID: 28870983
United States
01/01/2013 07:22 AM
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Re: ...and off the cliff we go
I can't even imagine being one of the 12 idiots standing behind zero....
acrophobia

User ID: 25510840
01/01/2013 07:47 AM

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Re: ...and off the cliff we go
Here's my view of the cliff:

Pretty ridiculous that the cliff is 5:1 tax increases to spending cuts. (and you know you'll never even see those cuts, but honestly, you'll never see the revenue increases either since you are only giving them more incentive to do some financial planning)

If you really want to tax the rich, realize the rich don't have income. The really rich have carried interest and long term capital gains. Can't raise those taxes or it will be TEOTWAWKI, but we sure can tax income at twice that rate!? I say we call all income - income, and then drop the tax rate down to the rate Mitt Romney and Warren Buffet pay - 15% (for starters). For 3 years I had a white collar salary overseas, so I did not have to pay any income tax. That is the wealthiest I have ever felt in life. You have to believe me when I say income tax is almost slavery. Income tax always ends up like this - the workers pay it, and the rich and powerful exempt themselves from it. One more thing to think about - serfs typically paid their lord one day a week labor. That means serfs had at worst, a 20% income tax. You aren't even a serf, you're almost a slave. What is the justification for a tax on income? Income is bad? No, income is a necessity just as food, water, clothing and shelter are. The government regulates income and therefore needs a fee to pay for that service? No, not a function of government even though I do see the government trying to manipulate wages through immigration on the down side, and unions on the up side. Let government collect money where it provides a service. They need to earn their money just like we do.

Now the spending side. When we create money, we call it debt. So take whatever figure you want - federal debt, M2, credit and currency deriviatives - that number must grow at the same rate as GDP. Less is deflation, more is inflation - two sides of the same coin. So, the federal budget has to be whatever they collect in taxes, plus whatever GNP increase there is. The reason for that is simple - money is a proxy for goods and services. As an economy produces more goods and services, money must be produced or you will have more goods and services denominated by the same amount of money - deflation. Stable prices requires money production at the exact same rate as production of goods and services in the economy. I think this is what confuses people, it's a derivative - rate of change.

This is why we may never have a "balanced" budget. Power corrupts, and while we limited the scope of power through a consitution, we did not limit the duration. Congress limited duration on the President, but we need to go much further. No one should be allowed to run for public office while in public office.
tredmil
 Quoting: Anonymous Coward 17173602


Well, at least one person here understands the situation.

[link to finance.yahoo.com]
Anonymous Coward
User ID: 16553869
United States
01/01/2013 08:11 AM
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Re: ...and off the cliff we go
Here's my view of the cliff:

Pretty ridiculous that the cliff is 5:1 tax increases to spending cuts. (and you know you'll never even see those cuts, but honestly, you'll never see the revenue increases either since you are only giving them more incentive to do some financial planning)

If you really want to tax the rich, realize the rich don't have income. The really rich have carried interest and long term capital gains. Can't raise those taxes or it will be TEOTWAWKI, but we sure can tax income at twice that rate!? I say we call all income - income, and then drop the tax rate down to the rate Mitt Romney and Warren Buffet pay - 15% (for starters). For 3 years I had a white collar salary overseas, so I did not have to pay any income tax. That is the wealthiest I have ever felt in life. You have to believe me when I say income tax is almost slavery. Income tax always ends up like this - the workers pay it, and the rich and powerful exempt themselves from it. One more thing to think about - serfs typically paid their lord one day a week labor. That means serfs had at worst, a 20% income tax. You aren't even a serf, you're almost a slave. What is the justification for a tax on income? Income is bad? No, income is a necessity just as food, water, clothing and shelter are. The government regulates income and therefore needs a fee to pay for that service? No, not a function of government even though I do see the government trying to manipulate wages through immigration on the down side, and unions on the up side. Let government collect money where it provides a service. They need to earn their money just like we do.

Now the spending side. When we create money, we call it debt. So take whatever figure you want - federal debt, M2, credit and currency deriviatives - that number must grow at the same rate as GDP. Less is deflation, more is inflation - two sides of the same coin. So, the federal budget has to be whatever they collect in taxes, plus whatever GNP increase there is. The reason for that is simple - money is a proxy for goods and services. As an economy produces more goods and services, money must be produced or you will have more goods and services denominated by the same amount of money - deflation. Stable prices requires money production at the exact same rate as production of goods and services in the economy. I think this is what confuses people, it's a derivative - rate of change.

This is why we may never have a "balanced" budget. Power corrupts, and while we limited the scope of power through a consitution, we did not limit the duration. Congress limited duration on the President, but we need to go much further. No one should be allowed to run for public office while in public office.
tredmil
 Quoting: Anonymous Coward 17173602


Well, at least one person here understands the situation.

[link to finance.yahoo.com]
 Quoting: acrophobia


Well it always comes back to the Federal Reserve, printing "money" out of thin air, loaning it out at interest, was never a good idea, unless of course you and your friends own the printing press. Until people recognize what is really going on, which ihs really quite simple, nothing will ever change. Everything is designed to protect these printing press operators (psychopaths) at all costs, no more no less. The simple solution is to allow the treasury to print its own money. Anyone that tells you anything different is either completely ignorant or a liar, what a mess. Slaves yes, it was always meant to be so.

Wizard of Oz
Anonymous Coward
User ID: 31240561
United Kingdom
01/01/2013 08:16 AM
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Re: ...and off the cliff we go
watching this on the news now here.

why are they playing it as BRILLIANT news?

this shit is scary.
Anonymous Coward
User ID: 31240561
United Kingdom
01/01/2013 08:17 AM
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Re: ...and off the cliff we go
I can't even imagine being one of the 12 idiots standing behind zero....
 Quoting: Anonymous Coward 28870983


they seemed to enjoy it. especially the inanely grinning idiot of a woman behind him.
Anonymous Coward
User ID: 20756371
United Kingdom
01/01/2013 08:33 AM
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Re: ...and off the cliff we go
watching this on the news now here.

why are they playing it as BRILLIANT news?

this shit is scary.
 Quoting: Anonymous Coward 31240561


I doubt they even know its a two parter.

Second part on Thursday.
Soma/Comatose
Everything You Know Is WRONG.

User ID: 997239
United States
01/01/2013 08:43 AM

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Re: ...and off the cliff we go
Nobody gives a fuck about US politics anymore. Who pinned this shit? What a jackass...
 Quoting: Anonymous Coward 22510744




I'm with you, AC...

QUAB!
I have so much debt, I can start a government.
Anonymous Coward
User ID: 1364318
United States
01/01/2013 09:01 AM
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Re: ...and off the cliff we go
Allrighty gub'mnt now you get the across the board cuts that most of us got long ago. I suggest you start with salaries, pensions and the worthless entrenched... But we all know you will make sure it ALL comes out of what little useful service you actually provide to maximize effect. Because that is your nature. Sluuuuuuuuuurrrrrrppp.
Anonymous Coward
User ID: 3798339
United States
01/01/2013 09:06 AM
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Re: ...and off the cliff we go
FAIL.. They made a deal.. Just has to pass house.. and it will pass.. So your Cliff doom is a fail.. go back to sleep sheep
Anonymous Coward
User ID: 31264186
01/01/2013 09:10 AM
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Re: ...and off the cliff we go
FAIL.. They made a deal.. Just has to pass house.. and it will pass.. So your Cliff doom is a fail..
 Quoting: Anonymous Coward 3798339


Thread fail.

clappa
Anonymous Coward
User ID: 27515407
United States
01/01/2013 09:24 AM
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Re: ...and off the cliff we go
so many republicans on glp, guess you're all millionaires must be nice...enjoy paying a lower percentage tax rate than us poor working stiffs, just got my check, 80 dollars less than last month but it's all worth it if that job creator out there can afford the new infinity pool at his second beach house...looks like it'll be baloney sandwiches for me this month.
Janitor of Doom

User ID: 15234726
United States
01/01/2013 09:28 AM
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Re: ...and off the cliff we go

When TSHTF... I'll be the one to clean up the mess.
Anonymous Coward
User ID: 22453342
United States
01/01/2013 09:34 AM
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Re: ...and off the cliff we go
happy new year and happy cliff diving the country goes

dancerastabananana
 Quoting: mrmuffins69


may i use a bungee cord?

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