SEVERAL THINGS OBAMA IS GREAT AT GROWING.....

[icuminpeace]

LOL! I'm not a libertarian either. I'm an independent, I have common sense and I don't blindly follow parties. America is so broken, no one can fix it, not even a miracle. But keep thinking Romney is your savior. Hopefully we'll be here in 2016 and you'll be justifying why Romney couldn't deliver and how it's all Obama's fault.

Here is my prediction from another thread:

COG - there is no quick fix or even a fix regardless of who wins the election. America's problems have been in the making over the last 30 years. It's too late my friend, the shit has to hit the fan and the reset button will need to be pushed. The Great Depression of the 21st Century is brewing. Also, this is not something the President of the US can fix. We are living the consequences of globalization, where resources and capital flow freely to where they are most effectively utilized. In our case, American labor rates are too expensive, therefore the jobs will move to lower cost areas. Capital will stop coming to America as well, as countries like China and India continue to expand their middle class and people will start making bets on those countries' growth rates. The American economy will stagnate and even shrink as people stop consuming goods and services because there are no jobs. The end result will be that Americans will need to cut back their expectations on wages as American wages drop to remain competitive with lower cost countries. At the end of the process, we will have a global economy in equillibrium with similar living standards across the countries that made the leap from emerging to industrialized. Of course, the people with the capital will relocate to where their money provides better returns. I don't blame them, I would do the same. They will have no allegiance to a specific country as allegiance will not get in their way of returns.

The US lost control of its economy when we decided to push globalization in exchange of short term profits. The invoice will come and we will have to pay.
__________________

[CuteOldGuy]

CBJ7, here's where that comprehension class will come in helpful. You were looking at the GDP column, not the debt column. The GDP when Bush left office was $14.5 trillion. The debt was $10 trillion. Now go back to the chart, and see if you can find your mistake. That will be lesson 1.

[CJ7]

Originally Posted by Whirlaway

Your an idiot CJ; you just posted that the debt was $14.7 trillion when Obama took office in January 2009.

http://www.eccie.net/showpost.php?p=2888025&postcount=3

ok pal ... I said 14.5 not 14.7 ... wrong numbers idiot.


see how that works?

[Whirlaway]

LOL; I never called you a libertarian.

I don't know what principles you stand on, other than you think the Reps and Dems don't deserve to lead. Fair enough. Don't vote, throw your vote away on some 3rd party, whatever, no skin off my nose.

But the way out won't be thru some catastrophic life altering event, but thru incremental changes. Even if the greatst deperession hits us, the responses and changes will be incremental. Revolution isn't going to happen in America anytime soon....sorry to disappoint.

In the meantime, Icum will be sitting on the sidelines waiting to be put into the game....but then again, Icum thinks the game isn't worth playing because the outcome is somehow already determined.

[CuteOldGuy]

Originally Posted by icuminpeace

LOL! I'm not a libertarian either. I'm an independent, I have common sense and I don't blindly follow parties. America is so broken, no one can fix it, not even a miracle. But keep thinking Romney is your savior. Hopefully we'll be here in 2016 and you'll be justifying why Romney couldn't deliver and how it's all Obama's fault.

Here is my prediction from another thread:

COG - there is no quick fix or even a fix regardless of who wins the election. America's problems have been in the making over the last 30 years. It's too late my friend, the shit has to hit the fan and the reset button will need to be pushed. The Great Depression of the 21st Century is brewing. Also, this is not something the President of the US can fix. We are living the consequences of globalization, where resources and capital flow freely to where they are most effectively utilized. In our case, American labor rates are too expensive, therefore the jobs will move to lower cost areas. Capital will stop coming to America as well, as countries like China and India continue to expand their middle class and people will start making bets on those countries' growth rates. The American economy will stagnate and even shrink as people stop consuming goods and services because there are no jobs. The end result will be that Americans will need to cut back their expectations on wages as American wages drop to remain competitive with lower cost countries. At the end of the process, we will have a global economy in equillibrium with similar living standards across the countries that made the leap from emerging to industrialized. Of course, the people with the capital will relocate to where their money provides better returns. I don't blame them, I would do the same. They will have no allegiance to a specific country as allegiance will not get in their way of returns.

The US lost control of its economy when we decided to push globalization in exchange of short term profits. The invoice will come and we will have to pay.
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I don't disagree with you at all, ICUP. I think disaster is inevitable, and what little freedom we have left will be gone. The people will flock to a dictator who will promise them security and stability, and they will willingly trade any freedom they have for it.

I call myself a Libertarian because I agree with most of their stands. They are also the only organized group that I can see that actively promote freedom. If you read my Hail Mary thread, you will see that I am only supporting Romney because I think he will lead us to disaster only slightly slower than Obama, which may buy us a little more time to convince people that freedom is the most important quality we want in a country. I don't have any Pollyanna views that it will work, I just hate to give up and watch my country be destroyed by these arrogant "do gooders" who only want power. I guess I'll stay in the fight as long as I can.

I also know that the major parties are owned by the banksters, and when the economy crashes, the banks will be there to pick up the pieces. And they will keep the pieces.

[Whirlaway]

You are reading the wrong column in your fucking chart idiot.

Originally Posted by CJ7

ok pal ... I said 14.5 not 14.7 ... wrong numbers idiot.


see how that works?

[CuteOldGuy]

Originally Posted by CJ7

ok pal ... I said 14.5 not 14.7 ... wrong numbers idiot.


see how that works?

Ahem. CBJ7. Let's try again.

YOU ARE READING THE WRONG COLUMN, IDIOT!!!

There, get it?

[CJ7]

Originally Posted by CuteOldGuy

Ahem. CBJ7. Let's try again.

YOU ARE READING THE WRONG COLUMN, IDIOT!!!

There, get it?

shhhhhhhhh ... Im huntin wabbits

[Whirlaway]

You're scenario of debt/credit collapse has been played out multiple times around the world - in modern times.

The most recent being Greece, Ireland, Iceland. The debt gets reset, haircutted, dismissed. The world adjusts and commerce continues. It happened in Mexico with the peso collapse, in Russia with the ruble collapse, and in Argentina. All those countries worked thru the debt/credit problems and commerce continued.

If individual households have zero to minimal debt, times may get hard, but not impossible to manage. For households with crushing debt, it will be a life altering event, but not doombsday...

And there definetly won't be breakdown of civilizations, as many survivalists and doomsdayers think.

[CuteOldGuy]

WW, their collapses were not as huge as ours will be, and when ours happens, the world goes with us. It will be a disaster of biblical proportions. There is no way to predict its effect on society, except to say that the banksters and their friends will be happy, fed, and safe.

[Whirlaway]

Can't have it both ways; if bankers are as greedy as you say (which I tend to agree with), they will find a way to keep the system operating.

It isn't in their interest to have consumerism collapse, trade get wiped out, credit vanishes, wealth evaporates, and people only intersted in food and water.

The real danger will be when governments can't provide free this and free that. Civil unrest in this respect, yes. But the system will protect itself, and find ways to operate and maintain......disruptions, urban riots, will happen, but it will not be the armageddon that many on the far spectrum predict (hope).

[CuteOldGuy]

Unfortunately, WW, we will be given the chance to find out if you're right, or I'm right. Let's just say I hope my prediction on this is a accurate as my others have been. But I doubt it. Time will tell, my friend.

[Whirlaway]

Don't get me wrong COG; America's great test is coming..........with or without an Obama 2nd term......but definetly much sooner and uglier with a second Obama presidency.

A Romney win (actually Tea Party victory) may vent steam and keep the system from blowing sooner, give the boat a chance to right herself, and possibly steer clear.........but very dangerous waters, no doubt.

Clinton and the Repubicans did it once before - not too long ago.....and we can do it again. But NOT with Obama. He is determined to wreck us on the reef. But rest assured, he isn't the kind of captain to go down with the ship. Obama will dress girly and sneak onto one of the lifeboats to save his sorry ass.

[Whirlaway]

CJ; consider this one of life's little lessons. Next time COG or myself tells you are "hunting wabbits", please save face and quietly sign off.....


your buddy, Whirlaway.

Originally Posted by CJ7

shhhhhhhhh ... Im huntin wabbits

[CJ7]

Originally Posted by Whirlaway

CJ; consider this one of life's little lessons. Next time COG or myself tells you are "hunting wabbits", please save face and quietly sign off.....


your buddy, Whirlaway.

why do you think I posted that link whirlie ?