Really?

The email exchange below displays just how convoluted the thought processes of the left are! In order to follow it chronologically, you have to read the back and forth threads from the bottom of this article back up to the top.

Regarding your statement blaming the “greed and mismanagement of big business” causing the economic mess. You are wrong. It was the micromanagement of the ever intrusive government through over-regulation and over taxing that caused business hiring to decline. That caused lower government revenues, which sent the then Secretary of the Treasury Henry Paulson out in the streets and at the Whitehouse microphones crying that “the sky was falling, the sky was falling. Give me, the FED and Wall Street a trillion dollars and don’t ask any questions”.

The reason that businesses are allowing or outright arranging for themselves to be bought up by foreign firms is that when that happens, their charter for incorporation inside the United States is null and void because their new owners are already incorporated in another (more business friendly) country. If our luggerheads in congress would only figure this out they could have stopped it years ago before all the damned jobs left with the businesses and their headquarters. So there are no “loopholes” for businesses that operate outside the US. Those companies are no longer American companies. The US cannot tax foreign companies! They can impose tariffs on imports, but the American consumer will not stand for that. We want inexpensive goods.

I am not clear on what you mean by “taking oil from our waters and not paying for it”. But if you mean that foreign corporations or countries are taking our oil then there is an easy fix for that. Allow American companies to drill for it instead! That generates high-paying private sector jobs, huge tax revenues to the government, and energy independence all at the same time! It would kill three birds with one stone, but what the congress has done instead, is to take away generous tax breaks for big oil companies. The oil industry views this as a disincentive and most of the companies that were operating in the Gulf of Mexico have left for other countries where they can drill, taking those high-paying jobs with them. But the dunderheads in control of the White house and Senate will not go as far as to actually encourage job growth because they are either beholden to the enviroterrorists and their lobbies, or they are just plain stupid, I can’t really determine which it is yet.

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You do not read well - - You can't have "interjections" but you seem to have trouble - or want to deflect what I say into something else - READ the words below that I changed to red & USE your head:  Where did I stop reading - when you started name calling - so you figure it out how much I read. It was interesting till I got to the point that was rude & belittling -& that's where I quit. I was done & I remain done. And there will be no further discussion on economics or politics - -you DON't handle it in a way that causes me to want to participate - I just want to be done with it.  

Amen, over & out.

----- Original Message -----

Your comments brushed on politics, but the main topic involved economics, a subject which I know rather well. Macroeconomics is a topic that I excel in as graded by institutions of higher learning.

Have you bothered to Google “The seven stages of currency” or “the seven stages of empires”? I am not talking off of the top of my head here. Do the research for yourself and see what has been historically documented throughout the world!

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Do not refer to my president as an idiot or clown or any other belittling name.  I don't engage in name calling & you better not with me.  THIS IS WHY I CAN"T STAND THE WAY YOU COMMUNICATE POLITICS - as if you're some damn radio talk-show host - RUDE & a pompous ass.  I do not like it & I hate you for writing like that. Once again - You've lost my interest. I stopped reading right there - NO MORE POLITIC talk - - - - - I "tested the waters" & you failed - again.

If you can't carry on a converstation about political issues in an adult, polite, matter of fact manner - AND YOU CAN"T -

then we're back to what it was NO POLITICAL TALK BETWEEN US.

----- Original Message -----

As a country, we need to stop spending so much. The cuts they want in the house are quite reasonable, but in reality it will never fly in the Senate because the democrats still have a majority there albeit somewhat smaller now. And then the President himself will veto it. What will end up happening is that neither “side” will get all that they want and there will be compromise. Personally, as a country we are broke. The fact is that we are spending way more than we are collecting in revenues. The reasons are many, but chief among them is the lousy economy has forced many businesses to either close, or lay off personnel. That means corporate tax revenues as well as individual income tax revenues are way down, and our government just keeps on busting the budget higher and higher with increased spending. At some point, our creditors (those who purchase our debts through the fed issuing bonds and treasury notes) will stop purchasing them and we will have a currency that has failed because it has no backing. Our currency was taken completely off the gold standard in 1971. Since 1971 we have operated with a fiat currency. If you look throughout all of recorded human history, every single time that a country or empire took its currency off a standard (went to a fiat currency) the currency failed within forty years. Fiat currency has a historically documented 100% failure rate. You do the math yourself, 2011-1971=40 years! Guess what is right around the corner!

There are seven stages to currencies in any empire (country) and they are;

1.      Currency is sound because it is backed by a standard, usually a precious metal like gold or silver.

2.      As a country starts to develop both socially and economically, it implements social programs and many layers of public works such as the “New Deal” implemented by FDR.

3.      As the economy grows and affluence builds a larger middle class, political clout in the world grows and the empire funds a massive buildup of its military. (we spend more on defense than any other nation, and we have for many decades now)

4.      At some point the empire puts its military to use exploding expenditures (we are the de facto world’s police).

5.      in order to finance the military costs, it is necessary to steal the wealth of the citizenry by replacing their sound, asset backed currency with fiat currency that can be printed in unlimited quantities. Inflating the monetary supply devalues the fiat currency and allows easier repayment of debts, it also introduces price inflation into the economy.

6.      The increased monetary supply burdens the economy with price inflation and people start to loose faith in the currency.

7.      During this last stage, people have lost so much faith in the currency that there is a massive exodus from currency into precious metals. Ask yourself, why has gold been experiencing an unrelenting rise in price for over the past six years? And why are there so many television and radio commercials for different businesses that will help you to purchase gold or silver? The exodus from the fiat currency into precious metals always immediately precedes the complete collapse and failure of the fiat currency.

These seven stages have happened around the globe in the same order usually within a forty-year time span (from fiat to failure). This fiat to failure cycle has happened thirty times around the globe in just the past 100 years. It is also what destroyed the Roman empire! The Romans started a gradual decent into fiat currency (just as we have done). Originally their Denarius was made of pure gold. However, gradually over time the gold content was reduced to just 0.02%. Within forty years of that extremely low devaluation (creating a fiat currency), the empire crumbled from within.

We are currently between stages six and seven. So now is not the time to spend like drunken sailors on programs that we simply cannot continue to afford. What happened in Greece, will (not if) happen here. All the damned pet pork projects need elimination. No more funding of the “Arts”. No more grants for studying the effects of Prostitution, or whatever other ridiculous idiotic crap some lobbyist or special interest dreams up. No more grants to protect the great horned toad or whatever stupid idiotic environmental cause some bleeding heart champions. We are broke. We can’t afford it anymore, period. It is time to cut up the damned credit cards and pay down the damned debts we have now. Stop incurring new debts. Obama and his 111^th congress exploded the public debt (forget Wall Street, let them twist in the wind). This idiot in the Whitehouse and his former goon squad in congress have spent more than all other administrations combined since the formation of our blessed nation! And they did it in just two years! They have seriously damaged, crippled even, our economy and our nation. They have perpetuated the new norm; high unemployment, high crime, high anxiety, homelessness, and high despair.

This clown in the Whitehouse is a criminal for his crimes against humanity, his own people! What is coming is going to make the great depression look lame!

By the way, the unemployment rate inside the city limits of Pontiac has reached 33%. I am sure that it is even higher in Detroit proper.

Public employee unions have become a favorite target of public ire lately and rightly so because they enjoy high wages, high employment growth, many paid holidays, Cadillac benefits that cost them little or nothing, and defined benefit pensions while the rest of society pays the tab for it all and suffers far less generous remuneration for far more arduous labor. I hope like hell that Wisconsin and Ohio are victorious in breaking the damned AFLCIO. I have had two private union jobs in my life and I ended up firing the unions in both of them. And it was a good thing that I did. I earned more money and did not have to pay the monthly extortion to the union, plus I kept all the same benefits that I had in the union. When you have a sound work ethic, you don’t need some union to do your bidding for you. I did not like the fact that a union gave any of my (forced) dues to political candidates that I did not personally support either. We here in Michigan finally have a conservative majority. We have a former businessman (CEO) as a republican governor, our congress and our senate are both controlled by republicans and now we are finally getting down to the real business of cutting our wasteful spending (that the former democratic criminal bitch Governor Jennifer Granholm initiated and perpetuated). Michigan will be another battleground state in the near future.

The Organizing for America organization (Obama’s political campaign apparatus) is in full swing in creating an image in Wisconsin. They have bussed in hundreds of thousands of “rent a mob” protesters, while the silent majority there watches in horror as grown men (all democratic state senators) act childish and shirk their responsibilities to govern by being present to vote on important issues. They should be arrested for dereliction of duty, or failure to perform and tossed out of office. They are cowards. They are attempting to evade responsibility by traveling out of state and staying away in a futile attempt to make the budget issues just go away! That is the very definition of childishness (infantile) if you ask me. Wisconsin is broke, Michigan is broke, the whole United States is broke. It is time to stop the madness of continued frivolous, wasteful spending.

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Just read these last two email you sent. My cats too often get comfy in one of the dog cages!

I don't know what will ultimately happen - but, the house of Representatives have passed so many

cuts & some were for unemployment stuff - - I hope this doesn't come to actually pass as it will

have to go to the Senate &/or there's a good chance it will get a veto.  They also killed anything

to do with the clean Air Act & the EPA - - there goes the air, water & land quality!  Watch out if

you have any breathing issues 'cause the EPA will no longer even be able to report the quality of

the Air!  (I really can't see the President not passing out a veto on this as it is so extreme while not

addressing two other areas:  (1) no more tax cuts for wealthiest 2% of country & (2) no more tax cuts

for BIG Business that manufacture out of country + HR1 the Continuing Provision took out the oversight

in place that monitors & sees to it that that all the companies that got government stimulus money -

pay it back with interest & are not doling out big bonus payments instead + the off shore deep water

drilling that takes oil from our waters are not paying a dime for it.  They voted to just do away with

anything environmental & kept everything pertaining to business as "status quo" claiming that global

warming is just a theory - without acknowledging that their beloved "trickle-down effect" from

BIG BUSINESS is also JUST a theory!  And one that certainly wasn't working so hot as evident from

the mismanagement & greed of big business which led to the economic mess.  The house was in a

war of Economics vr the Environment.  The problem I have with worrying about not leaving a huge

debt for our children & grandchildren is this:  Without good Air, Water, & Land - crops & livestock foods

are threatened and our children & grandchildren, whose health is also at risk, - cannot eat money! 

I'll take good health over money in my pockets. 

Anyway - the jury is still out on all of this stuff - & I just hope the middle class & poor are not made to bear

the brunt of whatever justifications are ultimately used to shore up the fiscal mess.  We could end up as

another Egypt if this country divides too severly between rich & poor with no viable middle class.

----- Original Message -----

Look who took over Lyndi’s crate! Boy was she surprised when she tried to enter!

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