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600 Comments
- Look4Truth, on 01/20/2008, -13/+192This is a MUST read for anyone concerned about where this country is heading. I urge everyone to read this and prepare for what's coming.
- gottadiggit, on 01/20/2008, -37/+205This is why I am leaving in 10 minutes to go vote for Ron Paul at our state cacus here in Nevada.
- purpmint008, on 01/20/2008, -7/+139George Carlin said it best:
Ignorant, selfish, and dishonest people elect ignorant, selfish, and dishonest representatives.
You have NO ONE BUT THE VOTERS TO BLAME. - hop2it, on 01/20/2008, -0/+90"No one in any position of authority, you see, has yet admitted that the U.S. government is indeed going bankrupt."
Wrong... If any of you have read ANY literature from the Government Accountability Office you would know the Comptroller General of the United States, David Walker, has been warning us for years that we are headed for a fiscal crisis. Americans just don't want to believe it. It's time we hold Washington accountable for their frivolous habits. - isny, on 01/20/2008, -2/+65Published July 17, 2006.
- inactive, on 01/20/2008, -12/+70This country has been bankrupt for quite some time. If any of us ran our business or household the way the government operates, we would be in jail or destitute. We have been in a recession for a while now and it is finally starting to show in the market. Every time the Fed pumps money into the system to keep it floating, you get a short term jump in the market but the affects on the dollars in your pocket are devastating. The cost of goods isn't going up, the value of the Federal Reserve Note is going down.
I'd suggest trading as many as you possibly can for gold, silver, copper jacketed lead, and storable foods while they are still considered a worthwhile currency. The day of the Federal Reserve Note will be coming to an end within a few short years. - bygonevexation, on 01/20/2008, -22/+79The need to prepare is paramount. How to prepare is up to you. I believe the best solution is to simply unplug. Learn to grow crops, learn to hunt, learn to build your own shelter etc.......in doing this you are not in need of anything and it won't matter if the financial institutions falter or fail. We must also understand that all of what is happening is part of a plan to strip Americans of their individual sovereignty and freedom. This plan is being orchestrated not by an individual in gov. but by a self serving privately owned and operated corporation that most Americans now know as the FEDERAL RESERVE. This is important to know to understand just how manipulated the American people have been over the past almost 100 years. Do some research. This is a challenge to you to take back your freedoms before there are none left.
- scabbers, on 01/20/2008, -9/+61America got poorer, Bush and Cheney got even richer. Coincidence I think not.
- ElusiveByte, on 01/20/2008, -12/+58WTF?
"We might possibly be saved, he explains, if the nation engages in massive, radical reform in three areas"
1) Eliminate IRS in favor of a 33% sales tax
2) Privatize Social Security
3) Enact national health care
My criticisms:
1) Taxes are taxes. Switching *how* they take our money isn't going to change anything. They could just increase the income tax if they want to take more of our money.
2) I can't see how this could possibly help, but it's a great idea for our people. Currently the US steals money from the SS system. How does eliminating that stolen money help the US budget?
3) WTF? How does more gov't bureaucracy and spending help the governments bankruptcy!?
How's this for an answer to saving the US gov't
1) STOP SPENDING MONEY!
Do you have any idea how much money the US spends on stupid things that it doesn't need to spend on? If you eliminate all spending other than on national defense and other constitutionally-authorized expenditures we might actually be able to pay back our creditors. No, let's go to Mars instead! And pay for useless, failing education programs. Oh and don't forget corporate handouts, and paying farmers NOT to grow crops. Yeah let's just keep doing all that. - nitsnipe, on 01/20/2008, -27/+71I wander how attacking Iran is gonna help this...
- bossm4n, on 01/20/2008, -8/+49After you are through wandering around, please let us know.
- SpykerSpeed, on 01/20/2008, -9/+47Up until a couple hours ago I had no opinion about Nevada, but after seeing the results of your primary, I have to tip my hat to you guys. You're got a better understanding of freedom than New Hampshire could ever claim to have.
- apologeticus, on 01/20/2008, -18/+53I quit reading when he said the answer is universal healthcare.
- inactive, on 01/20/2008, -5/+40No *****, what has Ron Paul being saying, he talks about the country in debt and all the other candidates snicker at him.
- koonchu, on 01/20/2008, -1/+32"I'll publish practical solutions and strategies on this website in the months and years ahead. If you'd like to stay informed, subscribe to the free NewsTarget email newsletter"
LOL. Great marketing. He's *obviously* our only hope to survive this apocalypse. Something tells me the newsletter won't stay free for long. - Humptydank, on 01/20/2008, -1/+25I completely agree.
Need some suggestions though. I live in an apartment in New York. I clearly need to plant the crops by the window, and the big livestock goes in the hall, but should I use my bathtub to raise salmon or make it into a chicken coop?
Anyone have any good pigeon recipes? - Scaryclouds, on 01/20/2008, -4/+27Further inform us of any other candidate who will be able to begin to reducing the debt. Because right now NONE of them are offering solutions, in truth they are offering only more problems.
- adooga, on 01/20/2008, -0/+22Those physical assets will still be there, just owned by China.
- mark076h, on 01/20/2008, -12/+33this sucks we cant be the world police anymore :(
- inactive, on 01/20/2008, -10/+27Enlighten us then as to who will give you back your civil liberties and freedoms aside from mr Paul...
- CrazedLeper, on 01/20/2008, -9/+26You say "if" as if it weren't a certainty. It is. Furthermore, Fascism has already risen in the US.
- SpykerSpeed, on 01/20/2008, -3/+19How about leave the country and renounce citizenship? That's definitely on my radar if things keep going down this path.
- CrazedLeper, on 01/20/2008, -10/+26This country has been bankrupt ever since the Ft. Knox deception. The "Federal" Reserve Bank, owned by (among others) the Queen of England, famed old-money banker-cartel families the Schiffs, the Rothchilds, et al, has taken all the nation's gold as "collateral" against the national debt. You're a nation of idiots because you think you are smart. More massive deceptions to come.
- dianebl, on 01/20/2008, -2/+17That doesn't mean he can't be right.
- GeneralFailure0, on 01/20/2008, -2/+17Since when is the current state of the economy a partisan issue?
- iticu, on 01/20/2008, -7/+22Does it really take 4 replys by overly smug grammer nazis to get a simple typo made public?
God people, answer the question or don't ***** post. - Aard88, on 01/20/2008, -0/+14Our future selves are Chinese? OK I get it now.
- Emnsta, on 01/20/2008, -7/+21If the USA does fail, will it cause other Democratic countries to fail also, and Communism, Fascism, and other forms of oppressive government gain power and expand?
- dotlizard, on 01/20/2008, -4/+18great time for a big old multi-billion dollar tax rebate, eh?
- pradaaddict, on 01/20/2008, -3/+16"Printing Money" is a term bankers use to talk about increasing the size of the monetary base. It's not inaccurate, you're ignorant.
- 1aPowerDigger, on 01/20/2008, -0/+13Which is why this bailout of subprime borrowers is a crime against the people.
- catfish182, on 01/20/2008, -2/+15you are way to paranoid but you have some good points.
1- i think it is a good idea on learning to grow your own food. We have been doing it this past year and it has been great. the work is a little hard but still it was nice when i was eating my peppers that i grew.
2- learning to take of your basic needs is important. I dont know about a shelter and building one but anything is possible.
I do not think though that this is a plan to rob americans of their freedoms. What is to really be gained by that? I really think we have stupid people lining their own pockets with money but i don't think they are out to make us their slaves. I think Bush and his people are trying to get as much money as they can for themselves and thats it. they have all the power they really need so now its about money.
i agree about Americans being manipulated but you will never show enough people that they have been taken advantage of. Most will never come to terms with it since they would have to admit they got suckered.
I say open a account in a country with a strong economy and put money into it. Thats what i do. Its not a lot just 15 dollars a month but i have been doing it for a year now. I dont know if its the best idea but seemed nice when i was told about the idea.
What do you guys think? - FTLJohnson, on 01/20/2008, -1/+14Whenever I talk to someone about any one particular issue they have with Ron Paul - it's ALWAYS driven by ignorance... 100% of the time I will turn them around on that issue, and they either end up agreeing and looking more into Paul, often supporting him, or they simply spew more ignorance... There's not much you can do when someone still believes Iraq had something to do with 9/11, that Universal Healthcare wouldn't be a disaster, that Churches should control the Government, or that Social Security is actually going to pay out, or that the government should decide how the majority of your income (better than 60% in combined taxes) is spent.
- ChaosMotor, on 01/20/2008, -0/+13My ignorant what?
- Humptydank, on 01/20/2008, -0/+13But look out, it may not be posted very long!
- inactive, on 01/20/2008, -8/+20I feel it is too late for the people here. We had our chance to fix the situation, and we did not. Good bye great country. I wish everyone only the best over the next few years.
- BESTenemy, on 01/20/2008, -1/+13What do you expect? The person that promises the most benefits for the least amount of taxation wins. The only way to accomplish that is through borrowing, or offsetting spending into inflation through manufacturing of more currency. People have a credit card mentality, so they have no problem spending money they don't have and electing politicians that do exactly the same.
- CrazedLeper, on 01/20/2008, -0/+12It won't "help" but it will provide a distraction while a new central bank and fraudulent currency system is put in place.
- Fatcheeseguy, on 01/20/2008, -7/+18How much are we in debt from the Iraq War? This article below says the War in Iraq could cost the US over 2 trillion. Why is there an article on this now?
http://www.guardian.co.uk/Iraq/Story/0,,1681119,00 ... - GeneralFailure0, on 01/20/2008, -21/+32Will the Ron Paul supporters please stop putting forth that they are the only ones who understand what freedom is? I disagree with your candidate's views. This does not mean that I do not care about freedom or that I do not understand how freedom must be protected and maintained.
- GMorgan, on 01/20/2008, -8/+19Actually this is entirely the point. Fractional reserve banking systems are always bankrupt and they survive it via counterfeiting. Doesn't it bother you at all that governments can print more money, essentially stealing value from your money. It's embezzlement and theft, it's no different to debasing gold coins.
If there was a free market in monetary systems the national systems would soon be considered a joke as people moved to private options that do not steal their money. - rhodydog, on 01/20/2008, -5/+16I think cutting national defense in half would be a good start. That would probably save all the money that we need to.
- JackandCoke, on 01/20/2008, -1/+12I agree that financially the US is pretty *****, but really the end kinda pissed me off.
"Beating the odds on this financial hurricane requires exceptional planning and preparedness. I'll publish practical solutions and strategies on this website in the months and years ahead. If you'd like to stay informed, subscribe to the free NewsTarget email newsletter (see below) and make sure you select either "All topics" or the "CounterThink" topic.
As a subscriber, you'll receive an email alert when I publish new solutions to the coming financial crisis that, according to many observers, now seems a foregone conclusion. Americans, it seems, are in for a rude awakening in the near future. "
It ends up amounting to a scare tatic to get people to subscribe. Its a pyramid scheme and thats how they plan to beat the melt down. (IMFHO) - Albionshores, on 01/20/2008, -5/+15In a recession wealth is not destroyed but redistributed. If America is bankrupt it means someone else is rich. The redistribution is easy to see - corporation.
Even if you look at supposedly communist China 70% of its wealth is developed by the private sector. Same goes for the reawakening Russia. The KGB used to have no interest in personal assets; the replacements organisation, the FSB, is rolling in private enterprise and investment. The war has cost America trillions - much of that has been outsourced. The US Defense budget is astronomical, but it nearly all goes on private contracts. The money has been taken from the taxpayer to give to an elitist private sector. The taxpayer is responsible for national debt. So more money still is lent on the Nation's credit card to fund and subsidise private enterprise, money that they don't have, a transferal of wealth into private pockets that the taxpayer has to ultimately pay for.
Those countries closely tied in to the US economy, the UK for example, will suffer accordingly.
It is not themselves that they have bankrupted it is you.
Welcome to corporate serfdom. - inactive, on 01/20/2008, -1/+11Actually it is. But without also cutting spending it will only have a short lived positive impact.
- fjc8, on 01/20/2008, -0/+10For 2006, the US's GDP of $13,194,700,000,000 (27.3% of world total) is close to the European Union's combined GDP of $14,609,836,000,000 (30.3% of world total). China is 5.9% at $2,644,642,000,000
Japan and Germany are both ahead of China, with 9.1% and 6.0% respectively. - inactive, on 01/20/2008, -1/+11They snicker because they know the best way to get elected is to tell people what they want to hear, Ron Paul just tells it how it is.
- Amric, on 01/20/2008, -1/+11Only problem is that if it suddenly like 100 million people start taking interrest in hunting there won't be a deer, bird, rabbit or rat to hunt. That in just a few weeks.
- inactive, on 01/20/2008, -0/+10Google it, it is true. When Ronald Reagan took office he ordered an inventory of the gold in Fort Knox. Reagan's Gold Commission reported to Congress in 1982 that the US Treasury owned none of the gold at all, rather the ownership of all gold in Fort Knox had been transfered to the Federal Reserve (a private corporation) as collateral against the national debt.
- inactive, on 01/20/2008, -5/+15Thanks to Solarbird, at the tickerforum for bringing this up...
Federal Reserve banking update:
AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS AND THE MONETARY BASE
Not adjusted for changes in reserve requirements
Not seasonally adjusted
Millions of dollars
Date______________total___nonborrowed___required
2008-Jan._16(p)___39989______-1387________38278_
Yes, that's a minus sign. Total reserves now appear to consist of loans from the Fed. (Two weeks ago was bad enough, at 75% loans.) No similar event appears to exist within the range of online records, which go back to 1959. (Weekly data available through 1975.)
http://www.federalreserve.gov/releases/h3/Current/
http://www.federalreserve.gov/releases/h3/hist/h3h ...
Folks we are heading for a full blown depression here. Good luck to you all. -
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