GOODBYE GOP.............

[WTF]

Originally Posted by markroxny

This from the same guy that was predicting a Romney landslide win and quoting "unskewed" polls to back it up.

Forgive me if I don't find your predictions credible.

[Whirlaway]

We are in the early stages of the collapse. It just hasn't sunk in for the masses. Obama knows it. He is a happy fella !

The FR knows it. Why do you think they are taking the current monetary course.

[joe bloe]

Originally Posted by markroxny

What makes you think we won't deal with the debt and the spending? You are so confident that we will fail?

Again I say, Oh ye of little faith.

See you in 2 years buddy.

You're like the guy who fell out of the 100 story building, and after falling 90 floors, thought so far so good.

Just exactly what do you have faith in....magic? Numbers don't lie. I'm sure the Greeks thought the party would never end. They were wrong and so are you.

[Guest050715-1]

Originally Posted by Whirlaway

No doubt OH, America is the 800 pound gorilla. But when we fail, there isn't anyone who can prop our economy up....

Exactly, because they don't want to. There's nothing worse than beating someone and then helping them like we've done over and over and over again.

Originally Posted by Whirlaway

We will have to cut deals with our creditors. The terms they dictate to us will be a bitter pill. It will be very ugly for most Americans !

We will end up negotiating away our country, sovereignty, and likely most of our national wealth. Our creditors, many who despise us, will not be lenient. They will not treat us as we treated Argentina, Mexico, or Russia when we bailed them out.

We'll see how it all shakes out, but inflating it away is the only real answer. That's going to hurt.

[CJ7]

I'm sure the Greeks thought the party would never end


the greeks didnt have China ,,, as it stands this country is the best investment on the planet and will be for a long time

[markroxny]

Originally Posted by joe bloe

You're like the guy who fell out of the 100 story building, and after falling 90 floors, thought so far so good.

Just exactly what do you have faith in....magic? Numbers don't lie. I'm sure the Greeks thought the party would never end. They were wrong and so are you.

Like I said to COG, see you in 2 years buddy.

[CJ7]

Originally Posted by OliviaHoward

Exactly, because they don't want to. There's nothing worse than beating someone and then helping them like we've done over and over and over again.



We'll see how it all shakes out, but inflating it away is the only real answer. That's going to hurt.

http://money.msn.com/personal-financ...more-inflation

[joe bloe]

Originally Posted by Whirlaway

We are in the early stages of the collapse. It just hasn't sunk in for the masses. Obama knows it. He is a happy fella !

Funding government spending by printing money is what you do in the end stage. It's a desperation tactic. If you're freezing to death you burn the furniture. If you're starving, you eat the seed corn. Governments print money.

When Hitler was at the end, he put children on the front lines. That's where we are.

[Whirlaway]

As a landlord I love inflation; especially in Texas.

But it is a killer to the middle and working class.

Why any economist (with a heart) would think hyper inflation is a good thing is beyond me.

[CJ7]

Originally Posted by Whirlaway

As a landlord I love inflation; especially in Texas.

But it is a killer to the middle and working class.

Why any economist (with a heart) would think hyper inflation is a good thing is beyond me.

I bet the people that went underwater on the price of their house after the bubble broke will disagree with you on that ... just like youre a landlord

[CuteOldGuy]

Originally Posted by markroxny

Like I said to COG, see you in 2 years buddy.

You never answered my question. What do you think will happen? If you think Obama and the Congress are going to get spending and taxing under control, what makes you think that? We've heard that since Reagan, and before. There was a brief period under Clinton where it looked like we might get on track, but that was primarily due to the dotcom boom, and the President's willingness to work with Congress. That atmosphere no longer exists.

So what do you expect to happen, KarlMarxRoxny?

[joe bloe]

Originally Posted by Whirlaway

As a landlord I love inflation; especially in Texas.

But it is a killer to the middle and working class.

Why any economist (with a heart) would think hyper inflation is a good thing is beyond me.

I don't think the landlords liked inflation in the Weimer Republic and Zimbabwe. Carter era inflation is tolerable for a couple years but not the kind of inflation that comes when the currency collapses.

The only "good thing" about hyper inflation is that it essentially pays of the national debt. That's why we're going to hyperinflate, we have a debt we can't hope to pay without devaluing the dollar. At some point, we'll pay the Chinese back with a worthless dollar.

[Whirlaway]

I would like to know as well....I am thinking AllMarxNoSmarts will tell us he thinks Obama will "bend he cost curve" of government !

Originally Posted by CuteOldGuy

,,,,,

So what do you expect to happen, KarlMarxRoxny?

[WTF]

You fools act like this country is broke. Do you not understand all the resources we have? Do you not read how much more oil has been found in the last few years?

Those that bet aganist this country , will lose. Periodbut go ahead, its your money.

[Whirlaway]

At some point the Chinese will say NO to that......they will want hard assets.

Originally Posted by joe bloe

... At some point, we'll pay the Chinese back with a worthless dollar.