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Socialist America

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  • O Oakman

    BoneSoft wrote:

    Get ready for the next crisis

    Well, today Obama rounded up all the credit card purveyors (they're almost as sleazy as your average congress critter) and started to work on them. He wants them to lower their interest rates and fees (raising them has been how they tried to stay liquid in an economy of defaulters) so they can start asking for Tarp money themselves. According to a couple of talking heads, the next major crisis is going to come as cc companies have to start writing off a whole bunch of debt regardless of what interest they charge. Other than the Mob's shylocks, is there is any other lending organization he needs to get his hands on?

    Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin

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    Christian Graus
    wrote on last edited by
    #8

    The whole thing is insane. In my world, I am responsible for my credit. Why are lenders not responsible for where they lend money ?

    Christian Graus Driven to the arms of OSX by Vista. "I am new to programming world. I have been learning c# for about past four weeks. I am quite acquainted with the fundamentals of c#. Now I have to work on a project which converts given flat files to XML using the XML serialization method" - SK64 ( but the forums have stuff like this posted every day )

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    • M Mike Gaskey

      BoneSoft wrote:

      Chavez would be proud

      actually I suspect he's embarrassed, 0 is ruining the nation far faster than did he. sarcasm aside, it would behoove all to have ready access to: arms, ammo, CB radios, a couple of changes of clothes and something that can work as currency in a Mad Max world and a fueled vehicle. I would guess there's a 50 / 50 chance of utter chaos in the not too distant future. the next crises are on the horizon. I just watched a report on commercial loans (business properties) that will come due within the next year. Billions that cannot be paid by the borrower and will or cannot be refinanced, at least not at the original values fo the properties. who pays for that? and the collapse of the consumer driven economy - jobless increases means much much less consumer spending and consumer spending already etched into plastic will go unpaid. who pays for that? I think we need to pay attention to what is going on in France. I read an article that described how electrical company (gas as well) employees are demanding a 10% pay increase and it can't happen. the result is that employees turn off power to neighborhoods, lock the substation and run like hell. how many times will you put up with no electricity because some idiot thinks he's worth 10 more in today's world? and you're right, re: nationalization of banks. gives 0 absolute insight into everyone's finances and the ability to balance inequities. read that as, I had more cash than you up until today. the step to really fear, given all the above, is silly shit like it is difficult to find .38 rounds.

      Mike - typical white guy. The USA does have universal healthcare, but you have to pay for it. D'oh. Thomas Mann - "Tolerance becomes a crime when applied to evil." The NYT - my leftist brochure. Calling an illegal alien an “undocumented immigrant” is like calling a drug dealer an “unlicensed pharmacist”. God doesn't believe in atheists, therefore they don't exist.

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      Brady Kelly
      wrote on last edited by
      #9

      Mike Gaskey wrote:

      sarcasm aside, it would behoove all to have ready access to: arms, ammo, CB radios, a couple of changes of clothes and something that can work as currency in a Mad Max world and a fueled vehicle. I would guess there's a 50 / 50 chance of utter chaos in the not too distant future.

      That's what people in SA said years ago when we first got a black leader. ;P

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      • B BoneSoft

        Mike Gaskey wrote:

        it would behoove all to have ready access to: arms, ammo, CB radios, a couple of changes of clothes and something that can work as currency in a Mad Max world and a fueled vehicle. I would guess there's a 50 / 50 chance of utter chaos in the not too distant future.

        That very thought has been running through my head for months now. And I find myself feeling less and less that that thought is irrational. I bought a gun for Christmas, and have horded away about a thousand rounds. I keep a couple grand in small bills in a safe now. Even bought a couple books on trapping and cleaning and other survival topics. I can really picture a time when we have no services or help. What worries me even more is a huge wave of Mexicans coming this way to escape whatever starts happening there. Millions of poor hungry deperate people who likely never had too much concern for others wellbeing to begin with. I hope it doesn't come to that, but I see it becoming more and more of a realistic possibility. And what is it with .38 ammo? I know it's been impossible to find here as well. Lucky for me, I need 9mm and .22.


        Visit BoneSoft.com for code generation tools (XML & XSD -> C#, VB, etc...) and some free developer tools as well.

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        Oakman
        wrote on last edited by
        #10

        BoneSoft wrote:

        I keep a couple grand in small bills in a safe now

        Buy gold coins and a money belt.

        BoneSoft wrote:

        Millions of poor hungry deperate people who likely never had too much concern for others wellbeing to begin with.

        Sounds like all the scotch-irish who settled the south. ;) (My mother's family, by the way)

        Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin

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        • C Christian Graus

          The whole thing is insane. In my world, I am responsible for my credit. Why are lenders not responsible for where they lend money ?

          Christian Graus Driven to the arms of OSX by Vista. "I am new to programming world. I have been learning c# for about past four weeks. I am quite acquainted with the fundamentals of c#. Now I have to work on a project which converts given flat files to XML using the XML serialization method" - SK64 ( but the forums have stuff like this posted every day )

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          Rob Graham
          wrote on last edited by
          #11

          Careful there, you're in danger of being seen as a neocon with opinions like that... Personal responsibility is not a liberal tenet, at least not in today's America. You're supposed to want the government to take care of things like that.

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          • B Brady Kelly

            Mike Gaskey wrote:

            sarcasm aside, it would behoove all to have ready access to: arms, ammo, CB radios, a couple of changes of clothes and something that can work as currency in a Mad Max world and a fueled vehicle. I would guess there's a 50 / 50 chance of utter chaos in the not too distant future.

            That's what people in SA said years ago when we first got a black leader. ;P

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            Oakman
            wrote on last edited by
            #12

            Brady Kelly wrote:

            That's what people in SA said years ago when we first got a black leader

            And South Africa, today, is rated as one of the most dangerous Western countries in the world, today, beaten only by that center of the drug-trade: Colombia. In South Africa you are six times more likely to be the victim of an intentional homicide than in the U.S. Buy a gun, Brady. A big one.

            Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin

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            • O Oakman

              Brady Kelly wrote:

              That's what people in SA said years ago when we first got a black leader

              And South Africa, today, is rated as one of the most dangerous Western countries in the world, today, beaten only by that center of the drug-trade: Colombia. In South Africa you are six times more likely to be the victim of an intentional homicide than in the U.S. Buy a gun, Brady. A big one.

              Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin

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              Brady Kelly
              wrote on last edited by
              #13

              Oakman wrote:

              Buy a gun, Brady. A big one.

              I'm afraid that's a lot easier said than done.

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              • O Oakman

                BoneSoft wrote:

                I keep a couple grand in small bills in a safe now

                Buy gold coins and a money belt.

                BoneSoft wrote:

                Millions of poor hungry deperate people who likely never had too much concern for others wellbeing to begin with.

                Sounds like all the scotch-irish who settled the south. ;) (My mother's family, by the way)

                Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin

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                BoneSoft
                wrote on last edited by
                #14

                Yes but back then there was nothing out here but dirt and yucka plants. Considerably different scenario now.


                Visit BoneSoft.com for code generation tools (XML & XSD -> C#, VB, etc...) and some free developer tools as well.

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                • M Mike Gaskey

                  Synaptrik wrote:

                  I thought supply was supposed to drive the economy.

                  correct, the supply would be money.

                  Mike - typical white guy. The USA does have universal healthcare, but you have to pay for it. D'oh. Thomas Mann - "Tolerance becomes a crime when applied to evil." The NYT - my leftist brochure. Calling an illegal alien an “undocumented immigrant” is like calling a drug dealer an “unlicensed pharmacist”. God doesn't believe in atheists, therefore they don't exist.

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                  Synaptrik
                  wrote on last edited by
                  #15

                  which are derived from wages

                  This statement is false

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                  • O Oakman

                    Synaptrik wrote:

                    I thought supply was supposed to drive the economy.

                    The supply of money. Money is not an abstract concept that can be treated separately from the sphere of commodities; money is itself a commodity: in a free market, money is the kind of commodity that is considered most exchangeable. With prices of all vendible items expressed in terms of a single commodity, transaction costs are greatly diminished, requiring fewer resources for making exchange possible, thereby contributing to higher productivity and higher standards of living. The use of money as an accounting tool provides for an accurate expression of an individual's opportunity cost. This, in turn, supports efficient decision making on the part of consumers and producers. There are two kinds of money: "sound money," which is, in essence, currency that is a, or is backed by another, valuable commodity (like gold or silver). Sound money changes changes in value very slowly, if at all, because it is, or is the equivalent of, something that must be produced by real effort - which also makes it very difficult for the government to meddle with the amount of currency available. There is also "fiat money." It is not worth anything in itself and it is not backed by anything. i.e. an ounce of gold may be worth $800 today and $1,000 tomorrow. This makes it very difficult to plan for the future, i.e. save money; and encourages spending it before it is in hand, i.e. borrowing in the hopes one can pay it back with "cheaper dollars." Since it can be printed as easily as any other kind of paper (or simply exist as entries in an electronic ledger) the goverment can increase the amount of money whenever it chooses to do so. This inflation of the money supply without any concommitant increase in real wealth leads to every other commodity become more expensive. (with apologies to Ludwig Von Mises)

                    Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin

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                    Synaptrik
                    wrote on last edited by
                    #16

                    Sorry, too lengthy to read. I was merely being facetious and can't consume serious replies.

                    This statement is false

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                    • S Synaptrik

                      which are derived from wages

                      This statement is false

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                      Mike Gaskey
                      wrote on last edited by
                      #17

                      Synaptrik wrote:

                      which are derived from wages

                      which are paid by people that control the supply, the "rich" (read that as business owners).

                      Mike - typical white guy. The USA does have universal healthcare, but you have to pay for it. D'oh. Thomas Mann - "Tolerance becomes a crime when applied to evil." The NYT - my leftist brochure. Calling an illegal alien an “undocumented immigrant” is like calling a drug dealer an “unlicensed pharmacist”. God doesn't believe in atheists, therefore they don't exist.

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                      • M Mike Gaskey

                        Synaptrik wrote:

                        which are derived from wages

                        which are paid by people that control the supply, the "rich" (read that as business owners).

                        Mike - typical white guy. The USA does have universal healthcare, but you have to pay for it. D'oh. Thomas Mann - "Tolerance becomes a crime when applied to evil." The NYT - my leftist brochure. Calling an illegal alien an “undocumented immigrant” is like calling a drug dealer an “unlicensed pharmacist”. God doesn't believe in atheists, therefore they don't exist.

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                        Synaptrik
                        wrote on last edited by
                        #18

                        Which returns right back as a direct result of consuming. Henry Ford had to deal with recession in his day and his solution was to give all of his employees raises and ecourage them to by Ford vehicles. It worked. That increase in wages led right back into his economy. He got it.

                        This statement is false

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                        • S Synaptrik

                          Which returns right back as a direct result of consuming. Henry Ford had to deal with recession in his day and his solution was to give all of his employees raises and ecourage them to by Ford vehicles. It worked. That increase in wages led right back into his economy. He got it.

                          This statement is false

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                          Mike Gaskey
                          wrote on last edited by
                          #19

                          okay, you do understand. realize though that the supply, money aka wages, came from private industry.

                          Mike - typical white guy. The USA does have universal healthcare, but you have to pay for it. D'oh. Thomas Mann - "Tolerance becomes a crime when applied to evil." The NYT - my leftist brochure. Calling an illegal alien an “undocumented immigrant” is like calling a drug dealer an “unlicensed pharmacist”. God doesn't believe in atheists, therefore they don't exist.

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                          • S Synaptrik

                            Sorry, too lengthy to read. I was merely being facetious and can't consume serious replies.

                            This statement is false

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                            Oakman
                            wrote on last edited by
                            #20

                            Synaptrik wrote:

                            I was merely being facetious and can't consume serious replies

                            Damn. I am such a sucker. Every time someone writes, 'I think," I take them at their word. :-O

                            Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin

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                            • M Mike Gaskey

                              okay, you do understand. realize though that the supply, money aka wages, came from private industry.

                              Mike - typical white guy. The USA does have universal healthcare, but you have to pay for it. D'oh. Thomas Mann - "Tolerance becomes a crime when applied to evil." The NYT - my leftist brochure. Calling an illegal alien an “undocumented immigrant” is like calling a drug dealer an “unlicensed pharmacist”. God doesn't believe in atheists, therefore they don't exist.

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                              Synaptrik
                              wrote on last edited by
                              #21

                              Tis a vicious cycle. ;) The supply of goods is meaningless without wages with which to purchase. Supply side doesn't quite work as a theory due to the codependency upon wages.

                              This statement is false

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                              • O Oakman

                                Synaptrik wrote:

                                I was merely being facetious and can't consume serious replies

                                Damn. I am such a sucker. Every time someone writes, 'I think," I take them at their word. :-O

                                Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin

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                                Synaptrik
                                wrote on last edited by
                                #22

                                Oakman wrote:

                                Every time someone writes, 'I think,"

                                Ahhh... I understand, slight reading comprehension error. I said "I thought" syntactical difference.

                                This statement is false

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                                • S Synaptrik

                                  Oakman wrote:

                                  Every time someone writes, 'I think,"

                                  Ahhh... I understand, slight reading comprehension error. I said "I thought" syntactical difference.

                                  This statement is false

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                                  Oakman
                                  wrote on last edited by
                                  #23

                                  Synaptrik wrote:

                                  I understand, slight reading comprehension error. I said "I thought" syntactical difference

                                  I'll try to remember that you no longer think. Thanks for clearing that up.

                                  Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin

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                                  • O Oakman

                                    Synaptrik wrote:

                                    I understand, slight reading comprehension error. I said "I thought" syntactical difference

                                    I'll try to remember that you no longer think. Thanks for clearing that up.

                                    Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin

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                                    Synaptrik
                                    wrote on last edited by
                                    #24

                                    Whatever helps you sleep at night! :laugh: A small piece of advise that you are more than free to ignore. By adjusting your slant towards insult you might find a more intellectual discourse. It could be that you are stifling potential before it buds. Or rather you determine the playing field and game by your choice to insult. ... *awaiting the next laughable attempt at insult*

                                    This statement is false

                                    O 1 Reply Last reply
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                                    • S Synaptrik

                                      Whatever helps you sleep at night! :laugh: A small piece of advise that you are more than free to ignore. By adjusting your slant towards insult you might find a more intellectual discourse. It could be that you are stifling potential before it buds. Or rather you determine the playing field and game by your choice to insult. ... *awaiting the next laughable attempt at insult*

                                      This statement is false

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                                      Oakman
                                      wrote on last edited by
                                      #25

                                      Synaptrik wrote:

                                      you might find a more intellectual discourse

                                      Lemme see. I spent 15 minutes writing a short, but fairly cogent explanation of why the medium of exchange is no longer a force for stability and you reply "duh, it's too long to read." And now you're advising me on how to have a conversation on a higher level? ROFL! The most intellifent and satisfying conversation I can have with you, it seems, is to ignore you. Thank goodness for Diego's script. Plonk.

                                      Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin

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                                      • O Oakman

                                        Synaptrik wrote:

                                        you might find a more intellectual discourse

                                        Lemme see. I spent 15 minutes writing a short, but fairly cogent explanation of why the medium of exchange is no longer a force for stability and you reply "duh, it's too long to read." And now you're advising me on how to have a conversation on a higher level? ROFL! The most intellifent and satisfying conversation I can have with you, it seems, is to ignore you. Thank goodness for Diego's script. Plonk.

                                        Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin

                                        S Offline
                                        S Offline
                                        Synaptrik
                                        wrote on last edited by
                                        #26

                                        Oakman wrote:

                                        The most intellifent and satisfying conversation I can have with you, it seems, is to ignore you.

                                        And this is the best news I've heard of late. Thanks, I hope you have the temerity to follow through. But I seriously doubt your trollish tendencies will allow that.

                                        This statement is false

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