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WTF · 02-04-2013, 09:44 AM

Quote:

Originally Posted by Whirlaway

Our combined energy resources are estimated at $7 trillion, a pittance compared to the total debt......and most of the resource is in private ownership so the government would have to confiscate it............................

http://www.manhattan-institute.org/html/pgi_01.htm

And your "foreseeable future" is as nebulous as my opine.........like you said "without being specific your opinion is worthless".....................

Now you are starting to get it! Nobody knows the future.

But I am betting on this country right now. If you Tea Pukes want to put your money where your mouths are , fine with me, bet aganist it. It is your money.

All I am saying is that actions are what speak in my book and my action are investing in the country as of now. That could change at some point. I may retire to Columbia if I find the right golf courses! .....or maybe Tahoe.

Whirlaway · 02-04-2013, 09:51 AM

It isn't a question of "betting against it"...it is what is the outlook and how you plan for that .............

You want to remain all rosy fine....and an investor can be pessimistic about the future but still make a ton of money while the politicians are running up debt, printing money, and devaluing our currency....a ton of money is being made on this misery. It doesn't mean the fundamentals of the economy are sound.

WTF · 02-04-2013, 09:59 AM

Quote:

Originally Posted by Whirlaway

It isn't a question of "betting against it"...it is what is the outlook and how you plan for that .............

You want to remain all rosy fine....and an investor can be pessimistic about the future but still make a ton of money while the politicians are running up debt, printing money, and devaluing our currency....a ton of money is being made on this misery.

Aww the Invisible Hand. Yes I subscribe to that.

All I am saying is that I do not see misery and gloom and doom in the future. In fact I see Houston Texas doing pretty damn good. All politics are local. That is how I invest my money also.

Quote:

Originally Posted by Whirlaway

but still make a ton of money while the politicians are running up debt, printing money, and devaluing our currency.....

What do you think Reagan did? He inflated his way out of tthe mess we were in , he finished what Volker had started.And before you go blaming Carter, it started way before then.

Whirlaway · 02-04-2013, 10:01 AM

Of course the feds are going to try and inflate our way out of this mess; it is their only remedy.....but our mess is a lot deeper than what Reagan or Carter had; to inflate our way out of our liabilities will mean a lot of pain and loss of middle class wealth....

The case still stands that the breakup of the GOP is happening because of a division in the party over the role/size of government; THE issue of our time.........the same debate and division will happen within the Democratic Party as the debt bomb accelerates.

WTF · 02-04-2013, 10:09 AM

Quote:

Originally Posted by Whirlaway

Of course the feds are going to try and inflate our way out of this mess; it is their only remedy.....but our mess is a lot deeper than what Reagan or Carter had; to inflate our way out of our liabilities will mean a lot of pain and loss of middle class wealth....

That trend started a long time ago!

Opening trade with China..NAFTA. The list goes on and on.

That is why you better be making some bacon and moving out of the middle class and to the Penthouse. Even during the Depression, things were fine for the wealthy!

Whirlaway · 02-04-2013, 10:11 AM

I appreciate your financial advice; I am years ahead of you on that.

But the thread is about the break up of the GOP, not financial security for a individual...

IMO Rove makes the miscalculation that grass roots Conservatives, the base of the party, will vote for whomever the party apparatus promotes.........he is mistaken. There is an ideological battle going on within the GOP over the size/role of government. The Conservative base won't cave on that core principle.

WTF · 02-04-2013, 10:15 AM

Quote:

Originally Posted by Whirlaway

I appreciate your financial advice; I am years ahead of you on that.

But the thread is about the break up of the GOP, not financial security for a individual...

The GOP will do fine...you guys will back Rubio in 2016. Hell he might win if you do not have a long drawn out primary.

The Tea Party is dead nationally though. Oh they will throw you a bone every once in a while but you are the John Birch Society of this century.

Cheers to good investments and drinking beer on the Yucatan Peninsula in our retirement years!

Whirlaway · 02-04-2013, 10:18 AM

Rubio might be a candidate who can bridge the divide; but it will depend on his handling of immigration...as it stands now he is being despised for his amnesty program and going along with the Gang of 8............

EXTXOILMAN · 02-04-2013, 10:24 AM

Quote:

Originally Posted by Whirlaway

Rubio might be a candidate who can bridge the divide; but it will depend on his handling of immigration...as it stands now he is being despised for his amnesty program and going along with the Gang of 8............

+1. I like Rubio, but he needs to tread lightly or he will not get the true conservative voters to back him. Of course, if he can double the Hispanic vote for the GOP, he may win anyway.

WTF · 02-04-2013, 10:25 AM

Quote:

Originally Posted by Whirlaway

Rubio might be a candidate who can bridge the divide; but it will depend on his handling of immigration...as it stands now he is being despised for his amnesty program and going along with the Gang of 8............

Matters not, you rallied behind Romney, you will rally behind Rubio. He is your Obama.

If you do not get the Latino vote moving in your direction you will never win nationally again. The big boys in nthe GOP know that, you Tea Peckers will fall in line!

WTF · 02-04-2013, 10:29 AM

Quote:

Originally Posted by EXTXOILMAN

+1. I like Rubio, but he needs to tread lightly or he will not get the true conservative voters to back him. Of course, if he can double the Hispanic vote for the GOP, he may win anyway.

The John Birch Society voted for Romney, Rubio will get your vote, even if he hands out Sombreros at the border. You voted for a Mormon, you'll vote for a Cuban!

EXTXOILMAN · 02-04-2013, 10:33 AM

Quote:

Originally Posted by WTF

The John Birch Society voted for Romney, Rubio will get your vote, even if he hands out Sombreros at the border. You voted for a Mormon, you'll vote for a Cuban!

When it comes down to a decision between voting for the continued destruction of this country or a candidate that will at least stem the tide, I'll hold my nose and vote for the lesser of two evils every time.

Little Stevie · 02-04-2013, 10:40 AM

LIBERTARIANS: Diligently plotting to take over the world and leave you alone after you've given them a job as a lifeguard at the pool and your grandchildren begin drowning.

What? No bootstraps to use to pull yourselves up with? You should have thought of that before you had cramps and started sinking!

Little Stevie · 02-04-2013, 10:40 AM

LIBERTARIANS: bigger partakers of government programs than welfare Moms.

Whirlaway · 02-04-2013, 10:43 AM

I did rally behind Romney; but won't repeat that mistake again.........an immigration reform agreement will NOT move hispanic voters into the GOP camp......if you have any proof that it will, please share.

So like I said, the GOP is in the process of breaking up......they can't win/keep the Hispanic vote and they are isolating the conservative camp.............the GOP is going through a break up, plain and simple.

Quote:

Originally Posted by WTF

Matters not, you rallied behind Romney, you will rally behind Rubio. He is your Obama.

If you do not get the Latino vote moving in your direction you will never win nationally again. The big boys in nthe GOP know that, you Tea Peckers will fall in line!