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Yes! Easy as adding just a little extra tin to a silver denarius every few years!

I agree with peil.... wow that was hard to type. Anyway, for all the kool-aid drinkers out there, how can this paradigm continue: Seems to me that the ponzification of the US economy began in earnest in the early 1980s. Kind of troubling, if you ask me, that every year more debt is...

Didn't Volcker recently say that recent financial innovation was a load of bullshit (not in those words, exactly) and that the only real beneficial innovation recently was the ATM?

Too early to make such an assumption Mg Sometimes it's not a lack of Ponzi economics that holds a country back... it's history. Though history too fades and something new ultimately emerges. .

Blackberries. I used to enjoy being "unplugged" from the world. Now I need my blackberry to remain competitive. It's a race to the bottom. I guess wealth has its costs too?

We are already past the point of sustainable population if standards of living are increased. There are billions on this planet that want to live like you and me. What happens if they succeed within a few decades?

I would like to see total debt (Corporate, Financial, Personal, All levels of gov't) to gdp - I've looked online and can't find anything to that effect. I do know that US total debt to gdp is probably around 370% right now. The alarming thing is that for the past thirty years, total debt...

I agreee with Scat above. As for your service industry solution - it was already implemented in the 1980s until about now. A service industry is heavily reliant on increasing debt and increasing asset valuations to keep up with a growing population. As such debt levels grow - they risk...

Here's a scenario: Let's say that due to technological advances/increased productivity, and efficiencies in production that 300-500 million people can manufacture everything the rest of the developed world needs? Then what? (I'm assuming arguendo here... though I don't think the...

So, part of it is the fault of the American worker? Isn't that the cost of a free market? Freedom of movement of capital is allowed, but freedom of movement of labor should be circumvented? Isn't that a double standard? Look, I'll be balanced and say that the H1B Visa does have merits -...

What's wrong with it? You're destroying the American Middle class - the reason the US became a great country and envy of the world.

Sir James Goldsmith described this in 1994 and concluded: “All of a sudden, by creating a global marketplace for labor, by creating circumstances where people are making the same product with the same technology for the same capital and the only variant is cost of labor, you are shattering...

I agree with you that he is a partisan talking head and will quickly play the blame game and focus on the other party. He does bring up good points though. But remember, Buchanan was no fan of the war. He does, I admit, lean more towards the Ron Paul camp - but not by much.

Pat Buchanan has an interesting take on immigration in general: We have been losing jobs every month for two years. Why, then, are we still bringing immigrants into the United States at a rate of 125,000 a month to take jobs from fellow Americans and compete with our unemployed for the...

You think the bond market will let her cut taxes and incease spending in 2013? That's being very optimistic.

Did you read my post? Can you read? I am not against immigration. I'm against this policy of washing down wages - under the guise of "technological competitiveness" during a god-damn severe recession! We already have 10+ million illegals. 17% U6, and 1 in 8 Americans on food stamps...

It's called nationalism dumbass. Despite globalization, we still have countries. We vote in them, we protect them, we develop them. So yes, having an "American First" policy in America is not such a crazy idea, is it? You like hiring foreigners? Than why the fuck don't you go to...

Watch the video that was posted a few posts up. Yes, businesses want to avoid hiring Americans, and see what I posted - Bank of America wanted (and did) layoff people to replace them with cheaper foreign workers. I hope those that BofA laid off had BofA mortgages and defaulted on them...

Duh... it's to save money. Yet these same companies rely on American Military personel to make sure markets are open and free and no nutjob dictator nationalizes their global assets. It's treasonous...

Keep in mind that every law is enacted in order to serve a public policy. The public policy intent of H1B Visas is that there is an accepted "truth" that High tech type jobs are being unfilled, and thus, the US suffers in technological advancement. Well guess what? In my view that was...