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I agree that wages are deflating. But as you know...(or you should know) is that wages in an inflationary or deflationary economy are the result of already inflating or deflating prices and its really the last thing to get affected in an economy. That huge deleveraging last year which deflated...

Hmm...lets see...you cant pay your employees, but thats not a default? I know if I dont pay my mortgage, i am in default. If i dont pay my credit card I'm in default" Can you imagine a guy calling up his credit card company and saying "yeah, I cant pay you this month...I'm having a bit of a...

Opps...my mistake. I wonder if they will build debtors prisons later on then.

Well i know back in 2008 they were talking about building 700 miles of new fence...but that still left 630 miles(or 1000 kilometers) of unfenced border. So yeah...630 miles of unfenced border is a BIG hole that 20 million people would have no trouble getting through.

Pennsylvania, Arizona, Indiana, Ohio, Connecticut and Mississippi. Did I miss any? I hear that after july 24, all state workers in Pennsylvania stop getting paid completely (and they are only getting partial pay for this month) But dont worry...the banks are willing to loan the workers...

They are I believe. Its supposed to be a 9.9% tax

I am wondering how long these non-payment of funds will take to trickle down into the economy. 1 month? 2 months? I mean CA stops paying...then the people that they were supposed to pay stop buying stuff or paying bills which means less revenue which means less taxes which means more death...

My 2001 honda cost 160$ in may to register

Illegals are generally poor. Poor people dont pay tax. And the rich people from 3rd world countries have no touble coming here. Its only the poor workers that have trouble getting in.

Yeah i about flipped when i saw AIG just now. I have had AIG on my ticker and when i saw 22$ this morning I was like "no way!" Did that pipps announcement really push it up that much and why? Then i saw it was a 20 for 1 reverse split. So it looks like its time to short AIG again down to a...

From what i understand so far of what they plan to do is add a 1.50 tax on a pack of cigarettes and another 9.9% tax on gas. Arnold was also talking a few weeks ago about selling things that generate income for CA like those concert arenas and such. I've always been saying "cut education"...

California officially goes into default tommorrow. They are not calling it default though. They are just calling it "giving out IOU's until they can figure out how to save/make money." CA is the 10th largest economy in the world. This should be the worlds biggest news story, but its not...

Well you gotta admit...you cant tell the sheeple the truth. You cant go on TV and tell them that you think housing is going to drop another 20-50% Or the same with the dow. You cant tell them that oil prices are going back over $100 and possible even $200. Now sure...you can put the...

Yes...this is what i heard too.

"...is precisely a lack of ethics in financial structures; it has been understood that ethics are not something ''outside' the economy but ''inside' it, and the economy does not work if it does not contain the ethical component" So he thinks less corruption, lies, and thievery is good for...

Did you find anything about what he said about economics to be untrue?

There is an exit tax that most people do not seem to know about in this country. I thought I would bring this up, because this tax was only introduced 1 year ago this month, but nobody really seems to know about it. This tax a tax on EVERYTHING you own when you leave the country. So you sell...

They didnt take the housing doom & gloomers seriously either. Or the dot com doom & gloomers. It doesnt affect me if they believe me or the videos i post. The fact is, i put it out there and they can make their own decisions. Besides...its not like im some crazy anti-israeli, Obama...

Nice strawman there Stu. Now let me knock it down for ya! Do you think the average person that is thinking about barbaric acts, or doing barbaric acts is thinking about their religion at the same time? Are the kids that shoot up schools thinking about God when they are doing it? Is the...

Jerimiah 17:9 The heart is wicked above all things and beyond cure, who can know it? 1 John 3:15 He who hates his brother is a murderer Luke 18:19 There is none good but God. So to answer your question...its not just the average person barbaric...its EVERY person. (thats...