Save The Nation

logic_man · Jul 31, 2011

Quote from bullmarket79:

ok logic man, what cha want to give up? You want to give up Washington bailing out wall street where a great deal of your worth is stored? You want to give up your tax subsidies on your housing where a great deal of your wealth is stored? You want to give up the ability of tax cuts to stimulate the business climate where you draw your wealth from?
You expect foreign nations to have to defend themselves? We transfer trillions out of America every decade to defend foreigners so our business community can feel safe in their investments overseas. You see the Republicans have a excellent point about government dependency, and our allies are quite dependent on us. UK uses some of their weapon inventories and calls it quits in libya, leaving it to the good ol usa. Quit nato then. Only 4 members of Nato even meet the 2% requirement. You willing to give up defending taiwan, japan, south korea? Theres another $104 billion pr yr savings, it cost $15 bil pr yr just for fuel cost for our military.
Hey the govt gets $2.2 trillion pr yr in income, were spending $717 bil this yr on the military, so there is a third of our total alloted money, then $40 billion for homeland security, then cia $80 billion, $40 billion for war on drugs, batf, dea, fbi and other alphabet soup agencies. Well now were at a trillion, so 50% of our total intake going to defend our nations interest whether internally or externally.
Now you are left with 1.2 trillion to take care of the usa and its citizens interest. so just divvy up the rest and were all good.

Maybe just have the government sector grow at a slower rate than the private sector for about 50 years, to bring them in line.

The problem isn't that the government does X,Y or Z, except insofar as doing those things creates perverse incentives. It's that the government is forecasting 7% growth rates into its budgets when the private sector is flatlined. As anyone who's ever done a terminal value of an equity can tell you, at that kind of differential in growth rates, eventually the government becomes the entire economy.

So, save the dramatic hyperbole for someone who doesn't understand how to calculate the value of a perpetuity. Sheesh.

Lucrum · Jul 31, 2011

Quote from tradingjournals:

Imagine you have been invited as an expert guest in a program called "Save The Nation" (moderated by yours truly), and the anchor (me) asks you what you think the President, The House and The Senate should do and say before the futures open on Sunday, and before the deadline of August 2nd?

What would be your answer?

Ban tradingURINALS

EMRGLOBAL · Jul 31, 2011

Every man for himself.
__________________________-

That is not my point. Everyone must reach out and build good networks among their friends and neighbors. Welcome Independence from the NANNY STATE and the CORPORATE BULLSHIT WAY OF LIFE. Stop being a Monkey and think for yourself. That is the Point.

The other point, as in RE investing, LOCATION LOCATION LOCATION.
Find the proper state that enforces Independence, that enforces capitalism and that is growing their economy locally.

Migration happen in the First Depression. This current depression, to many fools are tied to their "THINGS" and their Bullshit Corporate Jobs, which they have a very good chance loosing here in the next 6 months if you in the STATES THAT ARE BROKE!

And wake the fuck up because there is a WAR, its CLASS WAR FAIR.

FED GOV is a Joke, they can't save the US and they will not bring us out of this DEPRESSION.

CaptainObvious · Jul 31, 2011

What should they say and do? I'd like to hear them say, we have realized the magnitude of our incompetence and have decided to stick these guns in our mouths and pull the trigger.
My response would be, about fucking time.

bullmarket79 · Jul 31, 2011

I know of few states in America that embrace the free markets, most states embrace some form of crony capitalism, the corporations or unions take care of the politicians and the politicians take care of the corporate or union interest. We live in a free market and if the free markets demand the free markets will provide it, hence you find a underground economy of one trillion dollars, the free markets shock and disturb some. You will always find those who will tell you how to live, buckle that seat belt, put out that smoke, take off your shoes at the airport, dont smoke in a car with children in it, no abortions, no guns, etc,,,.All markets are manipulated in every state, in virtually every case.
Will losing a triple a rating be the end of the world? No. If your old enough to remember canada or japan or germany or a host of others who lost their good ratings only to in some cases regain them later on with fiscal discipline. The markets do fluctuate whether its a flash crash or some other economic dislocation. One shouldnt lose the rating in the first place but we the people elected these officials and we the people must pay for their errors.
I leave you with this emrglobal. Winston Churchill said America will always do the right thing, after every other possibility has been exhausted, that was true then and still true today.bill

Random.Capital · Jul 31, 2011

Quote from logic_man:

Maybe just have the government sector grow at a slower rate than the private sector for about 50 years, to bring them in line.

Specifics, please.

An example would be "cap Social Security at zero increases for the next 20 years and cut defense spending by $500B a year by leaving Iraq and Afghanistan immediately, reducing VA benefits by 50%, cancelling the F-35, and reducing force strength by 100,000 soldiers every year for the next decade".

That's just one example, meant to be illustrative. I look forward to hearing specifics of your own.

Because the "grow slower" is the same Business As Usual platitude we've had for 30 years.

Zr1Trader · Jul 31, 2011

All I know Is I'm glad I'm in Minnesota . Alot of the people I know either are related to someone with farmland or have some of there own. Everyone has guns. People are tight nit in this state and are for the most part self sufficient (rural areas ,non twincities welfare people). Although our entitlement system here is out of hand that won't matter when the final "correction" comes because its down to who is self sufficient and can offer value to either their selves or for trade.

Nothing better than being able to fish everyday in serenity, have a very large garden, hunt, and enjoy gods beautiful green earth without all of the daily rat race.

Save the nation= let the revolution take place. Get rid of this fiat currency, Let people produce things of value again that the free market demands. Let people learn to be self sufficient. Only help those who can't help themselves eg (retarded, wheelchair handicapped ect.) non of this section 8 bullshit where you have 5 kids and its all bought and paid for by uncle sam.

377OHMS · Jul 31, 2011

Quote from EMRGLOBAL:

Every man for himself.
__________________________-

That is not my point. Everyone must reach out and build good networks among their friends and neighbors. Welcome Independence from the NANNY STATE and the CORPORATE BULLSHIT WAY OF LIFE. Stop being a Monkey and think for yourself. That is the Point.

The other point, as in RE investing, LOCATION LOCATION LOCATION.
Find the proper state that enforces Independence, that enforces capitalism and that is growing their economy locally.

Migration happen in the First Depression. This current depression, to many fools are tied to their "THINGS" and their Bullshit Corporate Jobs, which they have a very good chance loosing here in the next 6 months if you in the STATES THAT ARE BROKE!

And wake the fuck up because there is a WAR, its CLASS WAR FAIR.

FED GOV is a Joke, they can't save the US and they will not bring us out of this DEPRESSION.

I'm sorry to say that I agree.

Random.Capital · Jul 31, 2011

Minnesota is nice, from what I've seen as a visitor.

Here, my neighborhood as pigs, cows, chickens, eggs, sheep, horses, two grow-ops, multiple "other" greenhouses, a distillery, one police chief, several ex-military, plenty of water, lots of woodland and a dude with a wood gasification setup.

We personally bank about 800 pounds of meat a year and make quite a bit of really good hooch. Awesome stuff for trading.

I think we're about as prepared for the zombie apocalypse as one can be...

Andromeda · Jul 31, 2011