I agree with Blue - IMO it is coming together as planned by the socialists to create a society dependent on Obama/government rather than a free common capitalist market.
They are planning and engineering the market crash for one reason - control.
Me & Mrs. Jimbo began emptying various accounts and stuffing what we dub as the "big green monster" (a 2000 lb safe in an undisclosed location) months ago.
None of you will escape the downturn. The money in your safes will be useful to wipe your ass with, but not much else.
How do I not be insulting? It was you conservatives who laid the groundwork for this over 28 years ago. Your devotion to returning us to the feudal system brought us here.
Recall that Bear Stearns, Merrill Lynch, Lehman Brothers, WaMu, Indmac, AIG all failed last year, before Obama took office. And over 60 other banks. Obama's policies haven't even been implemented. No one engineered a market crash. It had dropped 6000 points before he got elected. This market was diving a long time ago. Your capitalist free market is crying its eyes out, begging the government for help.
I believe most of you are smart enough to realize that and do, you're just scared and freaked out by a dim future for you and your families. All you have is empty criticism.
How much will political points mean when the country is in ruins? What kind of country will you be taking over in your fantasy of taking it back in 2010 (and it is a fantasy)?
No, this is much bigger than 1992. This is a worldwide calamity that won't spare anyone here. You're all going down. Your kids too.
I've heard from both sides of this argument to day. It seems unlikely that the FDIC will go belly up, BOHICA will simply print more money. It devalues all money, it's a horrible idea, but are they pumping the down turn, through inactivity and slothful action at best, for political gain?
What better way to prove that putting part of our SS funds into the stock market or other investment vehicle is a bad idea, than to let the market go WAY down. I don’t think they set out to kill the market, it was spiraling down before the election. But they’ll ride the downward wave to prove their point.
Likewise, letting companies and unions be undermined works in their favor too. Where do most people get their health insurance? At work.
It’s a win / win for the new administration.
Ammo to fight talk of anyone personally deciding where their SS money goes. And BOHICA’S gub’ment health insurance will look good to anyone who is unable to COBRA or who has to take a new job with no or less insurance coverage.
The question is, HOW LONG before anyone from the administration says these things about insurance or investments?
It's becoming more obvious each day that Blue is right. Pretty soon, people will be begging for socialism, especially when it's sold as the cure-all, as is being done already.
BTW, the lying crooks in congress just found another $500 BIL in their other pants pocket for the FDIC. If the American people were rational, sane, and awake, tens-of-millions would be marching on DC with guns, ropes, and lighted torches.
did you notice that the real leader of the Democratic party, Brad Pitt, made an appearance in DC yesterday & had a private meeting with Obama?
Brad was there to give him his marching orders form the Hollywood elite...mainly, make sure that under the new socialist order, the people have enough money left to pay for movies
everyone here wants Obama to have policies that will take the DOW back to 14,000, eliminate unemployment, lower taxes, save the banks, solve world hunger, cure AIDS,& create world peace.........BUT.........the polices that Obama has put in place & is proposing to put in place, do exactly the opposite.........
We want Obama to fix all the wrongs of the past administrations, we want Obama to succeed
in our opinion he is headed in the wrong direction & that will pull all of us down to financial ruin, republicans, democrats, independents, and yes, even those who didn't vote
No one here wants anything of the kind. You WANT failure so you can gain power back and resume pursuing that no-tax conservative Utopia you pursued with no success from 1980 to 2008.
It's almost a shame McCain didn't win. We'd be even worse off and the resulting decline would hve completely destroyed the republican party for good. Not that the party isn't already in dire straits.
When a company falls on difficult times, one of the things that seems to happen is they reduce their staff and workers. The remaining workers must find ways to continue to do a good job or risk that their job would be eliminated as well.
Wall street, and the media normally congratulate the CEO for making this type of "tough decision", and his board of directors gives him a big bonus.
Our government should not be immune from similar risks.
Therefore: Reduce the House of Representatives from the current 435 members to 218 members. Reduce Senate members from 100 to 50 (one per State). Then, reduce their staff by 25%.
Accomplish this over the next 8 years (two steps/two elections) and of course this would require some redistricting.
Some Yearly Monetary Gains Include:
$44,108,400 for elimination of base pay for congress. (267 members X $165,200 pay/member/ yr.)
$97,175,000 for elimination of their staff. (estimate $1.3 Million in staff per each member of the House, and $3 Million in staff per each member of the Senate every year)
$240,294 for the reduction in remaining staff by 25%.
$7,500,000,000 reduction in pork barrel ear-marks each year. (those members whose jobs are gone. Current estimates for total government pork earmarks are at $15 Billion/yr)
The remaining representatives would need to work smarter and improve efficiencies. It might even be in their best interests to work together for the good of our country!
We may also expect that smaller committees might lead to a more efficient resolution of issues as well. It might even be easier to keep track of what your representative is doing.
Congress has more tools available to do their jobs than it had back in 1911 when the current number of representatives was established. (telephone, computers, cell phones to name a few)
Note: Congress did not hesitate to head home when it was a holiday, when the nation needed a real fix to the economic problems. Also, we have 3 senators that have not been doing their jobs for the past 18+ months (on the campaign trail) and still they all have been accepting full pay. These facts alone support a reduction in senators & congress.
Summary of opportunity:
$ 44,108,400 reduction of congress members.
$282,100, 000 for elimination of the reduced house member staff.
$150,000,000 for elimination of reduced senate member staff.
$59,675,000 for 25% reduction of staff for remaining house members.
$37,500,000 for 25% reduction of staff for remaining senate members.
$7,500,000,000 reduction in pork added to bills by the reduction of congress members.
$8,073,383,400 per year, estimated total savings. (that's 8-BILLION just to start!)
Big business does these types of cuts all the time.
If Congresspersons were required to serve 20, 25 or 30 years (like everyone else) in order to collect retirement benefits, tax payers could save a bundle. Now they get full retirement after serving only ONE term.
IF you are happy with how Congress spends our taxes, delete this message. Otherwise, then I assume you know what to do.
There's little he could have done in 40 days to make things worse than they were.
You know that. You just delight in bad news now that he's President because you think you'll get political points out of it. You hope for higher unemployment, more foreclosures and more suffering for your fellow countrymen. Winning is all that matters to you people and losing drives you crazy.
What you don't realize is that a large majority of people know that republicans are doing this. That's why the party is in such disarray and is so reviled. Something like 80% understand the slide were on before Obama took office and blame republicans for it.
The attitude the hardcore cons take in these times is worse than what happened to us on 9/11.
FYI HLF - I said we were emptying various accounts and stuffing a safe... I didn't say what we were stuffing the safe with. (We're stuffing the Charmin in the attic - not the safe!)
Early last year I asked Annie to confirm my plan for helping my in-laws re-invest the liquidation of their retirement fund.
Now I am sooooooo glad that once again they ignored me and pretty much kept their money under their mattress.....they still have it and my retirement fund is less than 1/2 of what it was a year ago.
News flash on the stock market.....there is no better barometer of the economy and the "populous' " opinion of the state of the economy than wall street. I am pretty sure that it is not just Repub's who are bailing with little faith in the economic recovery plan of The ONE.
It may have been only 40 days, but every day there is less and less faith that there will be a recovery.
On the upside, I did just by 5 acres of decent farmland a good day & a half walk away from civilization. When the world comes tumbling down I will have a little time to hide the food and arm the ramparts before the starving throngs arrive.
21 comments:
Obama's economic policies are working as intended - to bring our country to its knees - allowing socialism to become entrenched....
I agree with Blue - IMO it is coming together as planned by the socialists to create a society dependent on Obama/government rather than a free common capitalist market.
They are planning and engineering the market crash for one reason - control.
Me & Mrs. Jimbo began emptying various accounts and stuffing what we dub as the "big green monster" (a 2000 lb safe in an undisclosed location) months ago.
HLF - what's your uninsulting opinion? :-)
HA! I kill me!
None of you will escape the downturn. The money in your safes will be useful to wipe your ass with, but not much else.
How do I not be insulting? It was you conservatives who laid the groundwork for this over 28 years ago. Your devotion to returning us to the feudal system brought us here.
Recall that Bear Stearns, Merrill Lynch, Lehman Brothers, WaMu, Indmac, AIG all failed last year, before Obama took office. And over 60 other banks. Obama's policies haven't even been implemented. No one engineered a market crash. It had dropped 6000 points before he got elected. This market was diving a long time ago. Your capitalist free market is crying its eyes out, begging the government for help.
I believe most of you are smart enough to realize that and do, you're just scared and freaked out by a dim future for you and your families. All you have is empty criticism.
How much will political points mean when the country is in ruins? What kind of country will you be taking over in your fantasy of taking it back in 2010 (and it is a fantasy)?
No, this is much bigger than 1992. This is a worldwide calamity that won't spare anyone here. You're all going down. Your kids too.
I have to agree that the cash will be worthless....but the guns and ammo won't. And I'm saving a special one....
I've heard from both sides of this argument to day. It seems unlikely that the FDIC will go belly up, BOHICA will simply print more money. It devalues all money, it's a horrible idea, but are they pumping the down turn, through inactivity and slothful action at best, for political gain?
What better way to prove that putting part of our SS funds into the stock market or other investment vehicle is a bad idea, than to let the market go WAY down. I don’t think they set out to kill the market, it was spiraling down before the election. But they’ll ride the downward wave to prove their point.
Likewise, letting companies and unions be undermined works in their favor too. Where do most people get their health insurance? At work.
It’s a win / win for the new administration.
Ammo to fight talk of anyone personally deciding where their SS money goes. And BOHICA’S gub’ment health insurance will look good to anyone who is unable to COBRA or who has to take a new job with no or less insurance coverage.
The question is, HOW LONG before anyone from the administration says these things about insurance or investments?
I agree with Blue and Jimbo.
Get wisdom; develop good judgment. Don’t forget my words or turn away from them.
~ Proverbs 4:5
It's becoming more obvious each day that Blue is right. Pretty soon, people will be begging for socialism, especially when it's sold as the cure-all, as is being done already.
BTW, the lying crooks in congress just found another $500 BIL in their other pants pocket for the FDIC. If the American people were rational, sane, and awake, tens-of-millions would be marching on DC with guns, ropes, and lighted torches.
http://www.foxnews.com/politics/2009/03/05/senate-moves-loan-fdic-billion/
did you notice that the real leader of the Democratic party, Brad Pitt, made an appearance in DC yesterday & had a private meeting with Obama?
Brad was there to give him his marching orders form the Hollywood elite...mainly, make sure that under the new socialist order, the people have enough money left to pay for movies
Blue is right ???????????
HLF just does not understand
everyone here wants Obama to have policies that will take the DOW back to 14,000, eliminate unemployment, lower taxes, save the banks, solve world hunger, cure AIDS,& create world peace.........BUT.........the polices that Obama has put in place & is proposing to put in place, do exactly the opposite.........
say what?
Brad Pitt came to see me, that must mean I'm the messiah......
Blue is right again (sorry Mrs Blue)
We want Obama to fix all the wrongs of the past administrations, we want Obama to succeed
in our opinion he is headed in the wrong direction & that will pull all of us down to financial ruin, republicans, democrats, independents, and yes, even those who didn't vote
No one here wants anything of the kind. You WANT failure so you can gain power back and resume pursuing that no-tax conservative Utopia you pursued with no success from 1980 to 2008.
It's almost a shame McCain didn't win. We'd be even worse off and the resulting decline would hve completely destroyed the republican party for good. Not that the party isn't already in dire straits.
dear HLF - seems to me that you want Obama to fail just so you can blame it on the republicans.....
as i said we want Obama to be successful & are even willing to give him credit
BUT - his policies are making things worse not better
eat me
"The Proposal"
When a company falls on difficult times, one of the things that seems to happen is they reduce their staff and workers. The remaining workers must find ways to continue to do a good job or risk that their job would be eliminated as well.
Wall street, and the media normally congratulate the CEO for making this type of "tough decision", and his board of directors gives him a big bonus.
Our government should not be immune from similar risks.
Therefore:
Reduce the House of Representatives from the current 435 members to 218 members.
Reduce Senate members from 100 to 50 (one per State).
Then, reduce their staff by 25%.
Accomplish this over the next 8 years
(two steps/two elections) and of course this would require some redistricting.
Some Yearly Monetary Gains Include:
$44,108,400 for elimination of base pay for congress. (267 members X $165,200 pay/member/ yr.)
$97,175,000 for elimination of their staff. (estimate $1.3 Million in staff per each member of the House, and $3 Million in staff per each member of the Senate every year)
$240,294 for the reduction in remaining staff by 25%.
$7,500,000,000 reduction in pork barrel ear-marks each year. (those members whose jobs are gone. Current estimates for total government pork earmarks are at $15 Billion/yr)
The remaining representatives would need to work smarter and improve efficiencies. It might even be in their best interests to work together for the good of our country!
We may also expect that smaller committees might lead to a more efficient resolution of issues as well. It might even be easier to keep track of what your representative is doing.
Congress has more tools available to do their jobs than it had back in 1911 when the current number of representatives was established. (telephone, computers, cell phones to name a few)
Note:
Congress did not hesitate to head home when it was a holiday, when the nation needed a real fix to the economic problems. Also, we have 3 senators that have not been doing their jobs for the past 18+ months (on the campaign trail) and still they all have been accepting full pay. These facts alone support a reduction in senators & congress.
Summary of opportunity:
$ 44,108,400 reduction of congress members.
$282,100, 000 for elimination of the reduced house member staff.
$150,000,000 for elimination of reduced senate member staff.
$59,675,000 for 25% reduction of staff for remaining house members.
$37,500,000 for 25% reduction of staff for remaining senate members.
$7,500,000,000 reduction in pork added to bills by the reduction of congress members.
$8,073,383,400 per year, estimated total savings. (that's 8-BILLION just to start!)
Big business does these types of cuts all the time.
If Congresspersons were required to serve 20, 25 or 30 years (like everyone else) in order to collect retirement benefits, tax payers could save a bundle.
Now they get full retirement after serving only ONE term.
IF you are happy with how Congress spends our taxes, delete this message. Otherwise, then I assume you know what to do.
There's little he could have done in 40 days to make things worse than they were.
You know that. You just delight in bad news now that he's President because you think you'll get political points out of it. You hope for higher unemployment, more foreclosures and more suffering for your fellow countrymen. Winning is all that matters to you people and losing drives you crazy.
What you don't realize is that a large majority of people know that republicans are doing this. That's why the party is in such disarray and is so reviled. Something like 80% understand the slide were on before Obama took office and blame republicans for it.
The attitude the hardcore cons take in these times is worse than what happened to us on 9/11.
FYI HLF - I said we were emptying various accounts and stuffing a safe... I didn't say what we were stuffing the safe with. (We're stuffing the Charmin in the attic - not the safe!)
see post on Twitter CEO "advising" Obamafor responses to HLF
Good ideas Sven, but my idea is cheaper, faster, and far more effective. All it requires is a wall and lots of blindfolds.
Early last year I asked Annie to confirm my plan for helping my in-laws re-invest the liquidation of their retirement fund.
Now I am sooooooo glad that once again they ignored me and pretty much kept their money under their mattress.....they still have it and my retirement fund is less than 1/2 of what it was a year ago.
News flash on the stock market.....there is no better barometer of the economy and the "populous' " opinion of the state of the economy than wall street. I am pretty sure that it is not just Repub's who are bailing with little faith in the economic recovery plan of The ONE.
It may have been only 40 days, but every day there is less and less faith that there will be a recovery.
On the upside, I did just by 5 acres of decent farmland a good day & a half walk away from civilization. When the world comes tumbling down I will have a little time to hide the food and arm the ramparts before the starving throngs arrive.
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