Politics

Apart from being there a few years ago, I'm not American is any way.

But I am interested in its political spectrum. And I think everyone worldwide should watch American politics, considering they're currently the most powerful country in the world, and their decisions affect many nations worldwide.

 

THE downing of a Chinook helicopter, apparently by a Taliban rocket-propelled grenade (RPG) or grenades, in the early hours of Saturday morning with the loss of 30 Americans (including 22 members of the same elite Navy Seal team that had killed Osama bin Laden)

http://www.economist.com/blogs/clausewitz/2011/08/war-afghanistan

Karma/Bitch

 

Would it be Karma if we nuked them?

 

Definately, what goes around comes around, I dont expect them to back down and say 'OK I'll let this pass' or something.

This is looking more and more like Vietnam as the time goes by.

 

Here is a larger clip from Meet the Press where Greenspan shows that he is utterly, batshit insane. Goolsbee's face when Greenspan says they can just print more money is fully telling.


Greenspan is insane

 

That was the most silent mindfuck I've ever seen in Goolsbee.

 

That clip is actually a good example of why ALex Jones is a dumbass. The Europeans are not whiteness hating multicultural fetishists. The minorities in London do have legitimate grievances with the ruling white power structure and the public sector does not pick up all the economic slack by a long shot. For every job available there are 54 applicants... Alex Jones' shows are actually good when he interviews people like Paul Craig Roberts or Gerald Celente who are very insightful and kept off of the corporate controlled McPravda media... But when it comes to politics, history, and economics Alex Jones is a libertarian rube dilettante.

 

Of course Greenspan is just a tool of the bankster kleptocracy. We can deal with this crisis by inflating or deflating...

Or we could actually start to tax the rich who do nothing to provide jobs since the people at the top of the economic pyramid make obscene profits from socially useless forms of predatory capitalism anyway.

We could finance job creation and improvements to America's real economy through public works and taxation of the leisure class... but we won't since it is that very sociopathic capitalist gangster class which owns Congress and owns that phony Black Reagan named Barack Obama.

Maybe stocking up on gold and ammo isn't such a bad idea...

 

To be fair, the entire problem started because the banks were bailed out.

That being said, the Federal Reserve either needs to be nationalised, or abolished completely. They hold way too much power in the world economy.

 

ammo before gold. Gold is as artificial as US dollars.

 

I'd be wary of investing in Gold as well. It has been showing signs of being a bubble for a while now. I think today's smart investor is strongly looking at stuffing all their cash into their mattress. While this strategy is not likely to beat inflation, neither is any other strategy at the moment.

 

Cash, silver, and gold have the same basic problem. they are fiction.

Dylan Ratigan goes off

 

They are not exactly the same. Gold is an actual substance that cannot be created from nothing. A gold mine is not the same as a printing press. If there is a fictitious quality to the value of gold, it is similar to the fiction of the Bible in that it is largely unchanging in its basic nature and it has been held up as the truth for centuries. In comparison, fiat currency as a store of of wealth is more like a supermarket romance novel.

And silver is also a different story. It actually has considerable industrial value. Solar panels and electronic devices all use a fair amount of the stuff. And there are questions of supply if there is a downturn in the economy since that could reduce production of other metals (copper mainly iirc) whose mining process actually generates most of the silver production. And those same currency/financial woes could send demand for silver soaring as well as investors look to flee dollar denominated assets.

I am not saying I have the answers for investing in commodities, but gold would seem to be on a huge bull run and not a bubble. I say this because gold prices have soared despite the fact that there have been no policies or hype analogous to the housing or dot-com or derivatives bubbles. In fact, the bankster mouthpiece financial press is always saying that gold bugs are crazy and they are the ones who have often taken to saying that there's a bubble.

We are largely fucked at any rate. The government and the media are owned by Wall Street. The people in charge are baby seal-clubbing, panda-sodomizing sociopaths. American Democracy is facade that hides a political system, economy, and war machine run by a gangster oligarchy. The last President to stand up to them was JFK and it did not end well for him.

 

I'm saying that if the Great Failure comes then the fiction of gold, silver, and dollar bills as Valuable Things diminishes. right away.

individual resilience will be the only thing with true value because it allows for survival when it may be extremely difficult.

I don't think purchasing "stuff" prepares anyone for survival but that's just me.

 

I haven't looked at that video but the bunker crowd and hoarders of guns and gear aren't necessarily resilient people.

 

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It depends on the nature of the collapse. After the fall of the Roman Empire and during the Great Depression and so on... precious metals were a store of value. In a Mad Max style collapse, perhaps less so. Good thing we can still find the money to bomb the Libyan people who never did shit to us! Why? cuz Fuck 'em, that's why!

 

Ron Paul came VERY close 2nd behind Michelle Bachmann in the Iowa straw poll. 152 votes between them.

 

I think pointing at any one thing as the inevitable fall of the American economy is a mistake. We are in a very precarious situation right now, but there are a lot of people working very hard to prevent a complete collapse. Which problem that comes up will be the one they fail to solve, is anyone's guess. It's like trying to guess which plate will be the first to fall in a plate spinning act. If the spinner does their job right, none will fall. Or it could be just one. Or they could completely fuck up and lose all control. There is no way to predict what will happen, as there are just too many variables.

What we do understand though, or at least we should by now, is that we are fucked. Drastic action is needed to turn things around, and our government is busy twiddling it's thumbs. There is no presidential candidate in the running with a solid plan and enough political sway to execute it. They are much too busy with their petty philosophical arguments and meaningless rhetoric.

For that matter, even if we did elect a president and congress capable of acting, they might not do the right thing. This was proven by Obama's two years of control of the House and Senate, in which he accomplished almost nothing. The most notable achievements he had were an economic stimulus bill that caused more problems that it solved by creating few jobs and increasing our debt, and a health care bill that fell way short of addressing the real problems of the health care industry and may now be struck down as being unconstitutional in the first place.

But don't think the Republicans would do any better. The Bush tax cuts are the main reason we are in this crisis to begin with. Trickle down economics don't work. Giving money to the rich is counterproductive. They don't invest it like the Republicans claim they do, they save it. You know why they save it? They save it because they know the more money you have, the easier making money is. Rich people are good at saving money. If they weren't so damn good at it, they wouldn't be rich in the first place. Now middle class consumers, they are the ones that like to spend. If you drop taxes on the middle class, and increase taxes on the upper class, you would see a dramatic increase in economic growth. But don't expect this from any political party now, because the rich people are the ones calling the shots.

I'll say it again, we are fucked. I'm not sure how bad things will get, but they will keep getting worse, and nothing happening right now has any hope of changing this. As the guy in the video said, sometimes you just have to accept the things you can't change. One thing I would strongly advise though, is to save as much money as you can, and not keep any more currency than you have to in USD. In fact, don't keep too much money in any one single currency, because having a little diversity in your holdings could easily save your ass in the future. Even if nothing catastrophic happens, and an economic recovery does occur, you have nothing to lose by preparing for the worst.

 

Naw, it's a myth you can't tax the rich because they'll just move their money around or exit the US economy. The fact is, in order to completely avoid the taxes, they would have not produce or sell in the US anymore. As long as doing business in the US is making them money, this would be a stupid thing to do. It would only cause businesses to exit the US if we made the taxes so high it wasn't economically viable to do business here, and no one is suggesting this.