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Real Recovery! - 4/5/2009 5:45:28 PM   
JohnSteed


Posts: 4
Joined: 1/26/2004
Status: offline 		Here's My Economic Recovery Plan and it won't cost the government as much as they are willing to spend right now.
1) Put America Back on the GOLD STANDARD! yeah that's right eliminate all debt in the US that means that will shut down the credit card companies, that will automatically climate the housing problems and it will shutter all of the Bankruptcy holding companies. WOW all that from one act! As long as the government keeps printing DEBT Instruments this country will never get out of this.

2) Charge any and all Companies that have operations over seas TRIPLE or even Quadruple their current taxation rate. on those jobs they have over seas. Which will force companies to shut all overseas operations and bring jobs back to America where they belong. Think of it MILLIONS of Jobs coming home to American workers in less than one year. If the government wants to spend money they can use it to retrain workers for those jobs which will put us on a sound an long term footing!

3) Stop all Military operations over seas. Now put all those active duty military on duty patrolling our borders both US/Mexico and US/Canada  and back to the old ocean front forts that used to be America's first line of defense from before World War two.
4) Tell China to go Fuck its Self. China is not our friend and how much are we in debt to them????

5) Have Obama actually keep a campaign promise and start a Manhattan project to break the back of foreign oil. Wouldn't you like to see those filthy rich Arabs trying to sell oil that no one needs?
Profile   Post #: 1
RE: Real Recovery! - 4/5/2009 6:25:14 PM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline 		Yes, yes, and yes but it will NEVER happen.

(in reply to JohnSteed)
Profile   Post #: 2
RE: Real Recovery! - 4/5/2009 6:38:58 PM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		The new global currency will be backed by gold and digital.  But think about it- digital gold is as good as digital food and water.  It is fake.

Unfortunately I think the global bankers will win.   People dont have the attention span to know that the bail outs take a number of months to show up in the real world.  What most dont understand is this take down is for real and for keeps.

In 5 years- how do you see your finances?   Think hard.  Write it down- put it in an envelope. I dont have to know it.  But see how correct you are.

Just because we think we are educated and bright advanced- and the top of the world.  God bless America and all that razz-ma-tazz wont cut it- as we go deeper into the abyss.

We need to take our government back. And dump the federal reserve.

Oh well.   We shall see how it ends up.   No point arguing.

(in reply to MrRodgers)
Profile   Post #: 3
RE: Real Recovery! - 4/5/2009 6:44:59 PM   
slaveboyforyou


Posts: 3607
Joined: 1/6/2005
From: Arkansas, U.S.A.
Status: offline
quote:

1) Put America Back on the GOLD STANDARD! yeah that's right eliminate all debt in the US that means that will shut down the credit card companies, that will automatically climate the housing problems and it will shutter all of the Bankruptcy holding companies. WOW all that from one act! As long as the government keeps printing DEBT Instruments this country will never get out of this.


Explain in detail why you think this is a good idea.  All the things you believe a gold standard would bring us are pure fantasy.  If you think I'm wrong, than please explain in detail how I am.  You've done nothing but make a lot of claims based in nothing but emotion. 

The value of all the gold ever mined in the world in the entire span of human history does not equal the amount of money currently in circulation within the U.S.  Okay, that's one country.  If we decided to go back to the gold standard, the price of gold would skyrocket.  It would make it incredible difficult to use gold for any purpose other than money.  You do realize that gold is used in industrial applications, don't you?

Since we'd be completely dependent on the price of gold, we'd also be at the mercy of gold speculators and mining trends.  Mining goes up, we can have inflations.  Mining goes down, we can have recession.  The gold standard was abandoned, because it was too confining for our rather large economy.  I'm not going to go into detail about it, because I'm certainly no expert.  But I do know it would wreck the world's economy.  It wouldn't do any of the things you've claimed. 

quote:

2) Charge any and all Companies that have operations over seas TRIPLE or even Quadruple their current taxation rate. on those jobs they have over seas. Which will force companies to shut all overseas operations and bring jobs back to America where they belong. Think of it MILLIONS of Jobs coming home to American workers in less than one year. If the government wants to spend money they can use it to retrain workers for those jobs which will put us on a sound an long term footing! 


No, it would cause most of these companies to go out of business.  It would include forcing companies out of business that employ millions within the U.S.  Our companies could not compete with companies overseas if they had to compete with their cheap labor pool.  Everything is connected, we don't live in a vacuum.  Isolationism and economic protectionism don't work.  We've tried it before. 

quote:

3) Stop all Military operations over seas. Now put all those active duty military on duty patrolling our borders both US/Mexico and US/Canada  and back to the old ocean front forts that used to be America's first line of defense from before World War two. 


Ocean front forts, huh?  Do you think our enemies are going to launch a D-Day style assault?  We have intercontinental ballistic missles, jet planes, nuclear submarines, satellite communications, etc.  It would be a moronic waste of resources.  As for patrolling the borders......why?  Do you want to turn the U.S. into a giant prison like Eastern Europe from the Cold War days?  We have some problems with illegal immigration and drug smuggling.  It's not a problem that requires a massive military prescence on the border.  People who make these kinds of statements are allowing their emotions to rule them.  Be more rational.

quote:

4) Tell China to go Fuck its Self. China is not our friend and how much are we in debt to them???? 


Oh yeah, that would be a splendid idea.   Let's tell a nation with over a billion consumers to go fuck itself.  Let's tell them to go fuck themselves on the money we owe them.  You do realize that we borrowed that money, they didn't sneak in and cause our debt.  Our economy has strength largely because of the faith others place in it.  If we told all our debtors to fuck off......goodbye to faith in our economy.  Again, stop allowing your emotions to rule you.  It wouldn't fix our economy, it would wreck it. 

quote:

5) Have Obama actually keep a campaign promise and start a Manhattan project to break the back of foreign oil. Wouldn't you like to see those filthy rich Arabs trying to sell oil that no one needs?   


....or us trying to sell oil that no one needs.  It sounds good, but we already are spending billions on energy research within the private and public sectors.  Alternatives are coming, but they aren't here yet.  It's also not advisable to wreck an entire region of the world's economy.  Like I said, everything is connected.  We don't live in 1920 anymore. 

(in reply to JohnSteed)
Profile   Post #: 4
RE: Real Recovery! - 4/6/2009 12:05:46 AM   
subfever


Posts: 2895
Joined: 5/22/2004
Status: offline 		My biggest problem with having a gold standard is that I strongly suspect that the current PTB owns most of the gold. If indeed my suspicions are correct, and we went on a gold standard, wouldn't that pretty much put the same people back in power?

Wouldn't it make more sense to create a fiat system of money that is not predicated upon debt? The power of this money creation would be for the benefit of all the people, not the few elite.

Abolish the Federal Reserve Act of 1913 (and its fractional reserve banking system), and have the Treasury print Treasury Notes (as they did back in the 60's with the red seal currency that did not require an interest payment upon it, as the current Federal Reserve Notes do). Monitor and closely tie the expansion of the money supply to an equal expansion in goods and services, so that there is zero inflation/deflation. Be gone with the boom and bust cycles that the current system foments.

This change would only be a temporary stepping stone to what ultimately needs to be done, if we are to avoid the agenda of the current PTB, and create an equitable system for all. But these are the first steps needed to get out from under the stranglehold that the PTB has upon us.

  




(in reply to JohnSteed)
Profile   Post #: 5
RE: Real Recovery! - 4/6/2009 7:20:07 AM   
DomKen


Posts: 19457
Joined: 7/4/2004
From: Chicago, IL
Status: offline
quote:

ORIGINAL: subfever
Abolish the Federal Reserve Act of 1913 (and its fractional reserve banking system), and have the Treasury print Treasury Notes (as they did back in the 60's with the red seal currency that did not require an interest payment upon it, as the current Federal Reserve Notes do). Monitor and closely tie the expansion of the money supply to an equal expansion in goods and services, so that there is zero inflation/deflation. Be gone with the boom and bust cycles that the current system foments.

Nothing in this post is accurate except the date of the Federal Reserve Act.

(in reply to subfever)
Profile   Post #: 6
RE: Real Recovery! - 4/6/2009 7:42:59 AM   
popeye1250


Posts: 18104
Joined: 1/27/2006
From: New Hampshire
Status: offline 		JohnSteed, the problem with your plan is that it makes too much sense!
People in Washington try to tell us that you can't "oversimplify" things, that, "it's more *complicated* than that" etc, etc.
The people who are making our laws are the Lobbyists and their clients, not "The People" anymore! And they get those things passed for *their own benefit*!
Look at "NAFTA", the American People never wanted "NAFTA" or any of those other "free-trade" deals, Big Business wanted them!
Thy figured they could save money by cutting labor costs.
Well, that's comming full circle to bite them in the ass now, with people in this country making less and less money now they'll be buying less and less of the goods and services that those big cos. want to sell them. What they've done effectively is to cannibalise their own market.
And it affects society as a whole too. Fifteen dollars an hour is today "subsistance level wages."
People who make $15 an hour don't buy new cars, new houses, new furniture etc. They also can't afford to pay lawyers, doctors, dentists, accountants and other professionals.
The taxes of  the 50 million without health insurance in this country are going to build hospitals and provide healthcare to people in foreign countries through all those "foreign aid" programs that big business makes so much money from!
Gee, does THAT make any sense to anyone?
But, you can't "oversimplify" things,...right?
We have a seperation of church and state in this country, we need to have a seperation of big business and state as well!
In Washington in recent years (Bush, Clinton) they do what's good for big corporations not what's good for the country!

< Message edited by popeye1250 -- 4/6/2009 8:38:37 AM >

_____________________________

"But Your Honor, this is not a Jury of my Peers, these people are all decent, honest, law-abiding citizens!"

(in reply to JohnSteed)
Profile   Post #: 7
RE: Real Recovery! - 4/6/2009 8:53:57 AM   
subfever


Posts: 2895
Joined: 5/22/2004
Status: offline
quote:

ORIGINAL: DomKen

quote:

ORIGINAL: subfever
Abolish the Federal Reserve Act of 1913 (and its fractional reserve banking system), and have the Treasury print Treasury Notes (as they did back in the 60's with the red seal currency that did not require an interest payment upon it, as the current Federal Reserve Notes do). Monitor and closely tie the expansion of the money supply to an equal expansion in goods and services, so that there is zero inflation/deflation. Be gone with the boom and bust cycles that the current system foments.

Nothing in this post is accurate except the date of the Federal Reserve Act.


It was late when I posted. I erroneously referred to a Treasury Note, whereas in fact, the red-sealed note was a United States Note issued by the Treasury.

Everything else is factual.

Both United States Notes and Federal Reserve Notes were parts of the national currency of the United States and both were legal tender. Both were used in circulation as money in the same way. However, the issuing authority for them came from different statutes. United States Notes (like the later Federal Reserve Notes) were fiat currency, in that they were never redeemable explicitly for any precious metal. The difference between a United States Note and a Federal Reserve Note was that a United States Note represented a "bill of credit" where the currency was transferred into circulation free of interest. Federal Reserve Notes are based on debt, and thus bear interest to bank with stockholders which serves as a lending intermediary between the Government and the citizenry.



(in reply to DomKen)
Profile   Post #: 8
RE: Real Recovery! - 4/6/2009 12:51:18 PM   
DomKen


Posts: 19457
Joined: 7/4/2004
From: Chicago, IL
Status: offline
quote:

ORIGINAL: subfever

quote:

ORIGINAL: DomKen

quote:

ORIGINAL: subfever
Abolish the Federal Reserve Act of 1913 (and its fractional reserve banking system), and have the Treasury print Treasury Notes (as they did back in the 60's with the red seal currency that did not require an interest payment upon it, as the current Federal Reserve Notes do). Monitor and closely tie the expansion of the money supply to an equal expansion in goods and services, so that there is zero inflation/deflation. Be gone with the boom and bust cycles that the current system foments.

Nothing in this post is accurate except the date of the Federal Reserve Act.


It was late when I posted. I erroneously referred to a Treasury Note, whereas in fact, the red-sealed note was a United States Note issued by the Treasury.

Everything else is factual.

Both United States Notes and Federal Reserve Notes were parts of the national currency of the United States and both were legal tender. Both were used in circulation as money in the same way. However, the issuing authority for them came from different statutes. United States Notes (like the later Federal Reserve Notes) were fiat currency, in that they were never redeemable explicitly for any precious metal. The difference between a United States Note and a Federal Reserve Note was that a United States Note represented a "bill of credit" where the currency was transferred into circulation free of interest. Federal Reserve Notes are based on debt, and thus bear interest to bank with stockholders which serves as a lending intermediary between the Government and the citizenry.

Quoting unsourced materila from wikipedia doesn't make it true.

Fed notes are not debt.

We had inflation and deflation while on the gold standard. The period 1870 to 1900 would be an appropriate period to study to see that hard currency is not a panacea.

Closely tying monetary supply to pop growth is impossible with a hard currency. Where do you get more of the commodity from if supply is short? If demand exceeds supply then the commodity's value rises and the money supply shrinks as people exchange the currency for the commodity.

Finally the treasury already prints the money. The Bureau of Engraving and Printing specifically but part of the US department of the Treasury none the less.

I belive that covers that every claim in your original paragraph was wrong except for the date.

(in reply to subfever)
Profile   Post #: 9
RE: Real Recovery! - 4/6/2009 6:07:16 PM   
subfever


Posts: 2895
Joined: 5/22/2004
Status: offline
quote:

ORIGINAL: DomKen

quote:

ORIGINAL: subfever

quote:

ORIGINAL: DomKen

quote:

ORIGINAL: subfever
Abolish the Federal Reserve Act of 1913 (and its fractional reserve banking system), and have the Treasury print Treasury Notes (as they did back in the 60's with the red seal currency that did not require an interest payment upon it, as the current Federal Reserve Notes do). Monitor and closely tie the expansion of the money supply to an equal expansion in goods and services, so that there is zero inflation/deflation. Be gone with the boom and bust cycles that the current system foments.

Nothing in this post is accurate except the date of the Federal Reserve Act.


It was late when I posted. I erroneously referred to a Treasury Note, whereas in fact, the red-sealed note was a United States Note issued by the Treasury.

Everything else is factual.

Both United States Notes and Federal Reserve Notes were parts of the national currency of the United States and both were legal tender. Both were used in circulation as money in the same way. However, the issuing authority for them came from different statutes. United States Notes (like the later Federal Reserve Notes) were fiat currency, in that they were never redeemable explicitly for any precious metal. The difference between a United States Note and a Federal Reserve Note was that a United States Note represented a "bill of credit" where the currency was transferred into circulation free of interest. Federal Reserve Notes are based on debt, and thus bear interest to bank with stockholders which serves as a lending intermediary between the Government and the citizenry.

Quoting unsourced materila from wikipedia doesn't make it true.

Fed notes are not debt.

We had inflation and deflation while on the gold standard. The period 1870 to 1900 would be an appropriate period to study to see that hard currency is not a panacea.

Closely tying monetary supply to pop growth is impossible with a hard currency. Where do you get more of the commodity from if supply is short? If demand exceeds supply then the commodity's value rises and the money supply shrinks as people exchange the currency for the commodity.

Finally the treasury already prints the money. The Bureau of Engraving and Printing specifically but part of the US department of the Treasury none the less.

I belive that covers that every claim in your original paragraph was wrong except for the date.


Perhaps you read the wrong post.

I did not advocate hard money.

(in reply to DomKen)
Profile   Post #: 10
RE: Real Recovery! - 4/6/2009 8:40:26 PM   
DomKen


Posts: 19457
Joined: 7/4/2004
From: Chicago, IL
Status: offline 		So only the idea of tying monetary supply to pop growth is only impossible not simply completely and stupendously impossible.

Still wrong on all points.

(in reply to subfever)
Profile   Post #: 11
RE: Real Recovery! - 4/7/2009 12:09:38 AM   
subfever


Posts: 2895
Joined: 5/22/2004
Status: offline
quote:

ORIGINAL: DomKen

So only the idea of tying monetary supply to pop growth is only impossible not simply completely and stupendously impossible.

Still wrong on all points.


I never said anything about population growth. That's two major mistakes you've made on this thread so far, as I never said anything about hard money either. 

It seems that you're not reading and comprehending what I write, and tripping over yourself.

I'm not wrong just because you want me to be wrong, Ken. It just doesn't work that way.  


(in reply to DomKen)
Profile   Post #: 12
RE: Real Recovery! - 4/7/2009 6:14:37 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		Give it 5 years.  We will suddenly see why gold and silver IS money, and IS wealth.   At the moment parrot feathers backing the dollar would give it more value.

The jig is- that all currencies today are fiat.   As good as monopoly money.  Only 3% of Americans own gold.  During the depression =just before it 45% owned gold.

Paper promises are hardly worth betting ones life on.

I refraim from posting all the bits of key info- as most dont want to hear it.   The SDRs, the basket of currencies fiat.

I am sad for many here- that one day - the lifes work wealth will be wiped out.  Just because it hasnt happened in recent memory doesnt mean it wont.

The govt can decree any number of "rules".  But the real people will only accept it to a point.  Then the black market starts.

Currently the mechanism is set into motion.  The bail outs are past the point of no return.  The dollar is going to crash and peoples life savings will be wiped out.
So if they stopped the bail outs this hour- it is too late.


Pride, ego, patriotism, self confidence wont produce a sandwich.

When people get very hungry- then the protests will begin.

Try not to be shocked when the dollar is not wanted or accepted as form of payment for groceries.      The current US culture knows nothing about currency collapses.

The mess is probably delayed by 12-18 months- as of today.   So today is bonus time.



(in reply to subfever)
Profile   Post #: 13
RE: Real Recovery! - 4/7/2009 6:45:12 AM   
DomKen


Posts: 19457
Joined: 7/4/2004
From: Chicago, IL
Status: offline
quote:

ORIGINAL: subfever

quote:

ORIGINAL: DomKen

So only the idea of tying monetary supply to pop growth is only impossible not simply completely and stupendously impossible.

Still wrong on all points.


I never said anything about population growth. That's two major mistakes you've made on this thread so far, as I never said anything about hard money either. 

It seems that you're not reading and comprehending what I write, and tripping over yourself.

I'm not wrong just because you want me to be wrong, Ken. It just doesn't work that way.  

This is a convoluted way to say population growth
quote:

Monitor and closely tie the expansion of the money supply to an equal expansion in goods and services, so that there is zero inflation/deflation

And it is impossible no matter how you word it.

(in reply to subfever)
Profile   Post #: 14
RE: Real Recovery! - 4/7/2009 7:04:32 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		....past crashes have occurred by banks calling in their loans.  Doing so en mass- causes lack of capital.  The international bankers have a grip on most every country.   In fact- the US separated from England in large part due to war debt- Bank of England- taxation to the colonies.

happily- we in the US have no war debt.  none.   and thus we are not beholden to any transnational offshore banksters.   (JK)

(in reply to DomKen)
Profile   Post #: 15
RE: Real Recovery! - 4/7/2009 10:49:33 AM   
popeye1250


Posts: 18104
Joined: 1/27/2006
From: New Hampshire
Status: offline
quote:

ORIGINAL: DomKen

quote:

ORIGINAL: subfever

quote:

ORIGINAL: DomKen

So only the idea of tying monetary supply to pop growth is only impossible not simply completely and stupendously impossible.

Still wrong on all points.


I never said anything about population growth. That's two major mistakes you've made on this thread so far, as I never said anything about hard money either. 

It seems that you're not reading and comprehending what I write, and tripping over yourself.

I'm not wrong just because you want me to be wrong, Ken. It just doesn't work that way.  

This is a convoluted way to say population growth
quote:

Monitor and closely tie the expansion of the money supply to an equal expansion in goods and services, so that there is zero inflation/deflation

And it is impossible no matter how you word it.


"All bow down to the mighty DomKen!"

_____________________________

"But Your Honor, this is not a Jury of my Peers, these people are all decent, honest, law-abiding citizens!"

(in reply to DomKen)
Profile   Post #: 16
RE: Real Recovery! - 4/7/2009 12:53:53 PM   
subfever


Posts: 2895
Joined: 5/22/2004
Status: offline
quote:

ORIGINAL: pahunkboy

Give it 5 years.  We will suddenly see why gold and silver IS money, and IS wealth.   At the moment parrot feathers backing the dollar would give it more value.

The jig is- that all currencies today are fiat.   As good as monopoly money.  Only 3% of Americans own gold.  During the depression =just before it 45% owned gold.

Paper promises are hardly worth betting ones life on.

I refraim from posting all the bits of key info- as most dont want to hear it.   The SDRs, the basket of currencies fiat.

I am sad for many here- that one day - the lifes work wealth will be wiped out.  Just because it hasnt happened in recent memory doesnt mean it wont.

The govt can decree any number of "rules".  But the real people will only accept it to a point.  Then the black market starts.

Currently the mechanism is set into motion.  The bail outs are past the point of no return.  The dollar is going to crash and peoples life savings will be wiped out.
So if they stopped the bail outs this hour- it is too late.


Pride, ego, patriotism, self confidence wont produce a sandwich.

When people get very hungry- then the protests will begin.

Try not to be shocked when the dollar is not wanted or accepted as form of payment for groceries.      The current US culture knows nothing about currency collapses.

The mess is probably delayed by 12-18 months- as of today.   So today is bonus time.





I agree that gold and silver will be a good form of insurance and likely a good "investment" under our current monetary structure. But I still don't think it would make the best form of money.

How would you propose detaching the current PTB from a new monetary system based on a gold, when they already own most of it?



(in reply to pahunkboy)
Profile   Post #: 17
RE: Real Recovery! - 4/7/2009 2:30:27 PM   
subfever


Posts: 2895
Joined: 5/22/2004
Status: offline
quote:

ORIGINAL: DomKen

quote:

ORIGINAL: subfever

quote:

ORIGINAL: DomKen

So only the idea of tying monetary supply to pop growth is only impossible not simply completely and stupendously impossible.

Still wrong on all points.


I never said anything about population growth. That's two major mistakes you've made on this thread so far, as I never said anything about hard money either. 

It seems that you're not reading and comprehending what I write, and tripping over yourself.

I'm not wrong just because you want me to be wrong, Ken. It just doesn't work that way.  

This is a convoluted way to say population growth
quote:

Monitor and closely tie the expansion of the money supply to an equal expansion in goods and services, so that there is zero inflation/deflation

And it is impossible no matter how you word it.


Of course it's possible. Maybe it's not probable under the current monetary system and power structure. But that's not what I've been talking about here. I'm talking about a new monetary system and a new power structure.

Imagine a situation where overall goods and services have contracted due to newer technology replacing older/obsolete technology, regardless of whether the population has expanded slightly or stabilized. Think travel/transport here, a new technology rendering automobile, railroad, and air travel, and all their related industries obsolete.

Or imagine a situation where the population has contracted slightly or stabilized, in the midst of a rash of new technologies in the area of entertainment and communication that most of the population "simply has to have." Think 3D/hologram television, computers and communications.

This is 3 times you've been wrong on this thread alone, Ken. Well, actually 4, since my comments were neither convoluted nor impossible.

What is it about the status quo that compels you to be such a rabid defender of, to the degree of making such blunders?





(in reply to DomKen)
Profile   Post #: 18
RE: Real Recovery! - 4/7/2009 2:54:21 PM   
DomKen


Posts: 19457
Joined: 7/4/2004
From: Chicago, IL
Status: offline
quote:

ORIGINAL: subfever
Of course it's possible. Maybe it's not probable under the current monetary system and power structure. But that's not what I've been talking about here. I'm talking about a new monetary system and a new power structure.

Imagine a situation where overall goods and services have contracted due to newer technology replacing older/obsolete technology, regardless of whether the population has expanded slightly or stabilized. Think travel/transport here, a new technology rendering automobile, railroad, and air travel, and all their related industries obsolete.

Or imagine a situation where the population has contracted slightly or stabilized, in the midst of a rash of new technologies in the area of entertainment and communication that most of the population "simply has to have." Think 3D/hologram television, computers and communications.

This is 3 times you've been wrong on this thread alone, Ken. Well, actually 4, since my comments were neither convoluted nor impossible.

What is it about the status quo that compels you to be such a rabid defender of, to the degree of making such blunders?

Hypothetical situations that aren't possible do not change the facts. precisely matching the size of the economy to the monetary supply is impossible. The simple concept of the pay raise destroys your idea. Small cost increases occur throughout the economy effectively continously. Those things add up to a moderate inflationary pressure. Its a sign of a healthy thriving economy.

A truly zero inflation economy is stagnant. Nobodies innovating and getting wealthy because that would increase demand, and therefore  prices, for more expensive/desirable products and services. No competition is occuring, which causes prices to go down. Sounds like a collapsing demand economy to me.

So as I've now said three times, every thing besides a single date in your initial post was wrong.

(in reply to subfever)
Profile   Post #: 19
RE: Real Recovery! - 4/7/2009 6:13:24 PM   
LookieNoNookie


Posts: 12216
Joined: 8/9/2008
Status: offline
quote:

ORIGINAL: JohnSteed

Here's My Economic Recovery Plan and it won't cost the government as much as they are willing to spend right now.
1) Put America Back on the GOLD STANDARD! yeah that's right eliminate all debt in the US that means that will shut down the credit card companies, that will automatically climate the housing problems and it will shutter all of the Bankruptcy holding companies. WOW all that from one act! As long as the government keeps printing DEBT Instruments this country will never get out of this.

2) Charge any and all Companies that have operations over seas TRIPLE or even Quadruple their current taxation rate. on those jobs they have over seas. Which will force companies to shut all overseas operations and bring jobs back to America where they belong. Think of it MILLIONS of Jobs coming home to American workers in less than one year. If the government wants to spend money they can use it to retrain workers for those jobs which will put us on a sound an long term footing!

3) Stop all Military operations over seas. Now put all those active duty military on duty patrolling our borders both US/Mexico and US/Canada  and back to the old ocean front forts that used to be America's first line of defense from before World War two.
4) Tell China to go Fuck its Self. China is not our friend and how much are we in debt to them????

5) Have Obama actually keep a campaign promise and start a Manhattan project to break the back of foreign oil. Wouldn't you like to see those filthy rich Arabs trying to sell oil that no one needs?


To put the US (or any country) back on the gold standard, gold would have to rise to $11,000 an ounce....or....the dollar's value would have to fall by 90%.

It's not even a matter of whether or not we wanted to....the other countries (who have investments in the US) wouldn't allow it.

Going back on the gold standard would cause your standard of living to fall...not rise.

Tripling corporate tax rates on ex patriot corporate profits would cause those corporations to simply move their Headquarters overseas (as Haliburton and others have already done).

China is a drug dealer, except instead of selling us cocaine, they sell us Tupperware and Hibachis.  We're strung out and they're there....just like a drug dealer, ready to give us our fix.

The drug dealer goes out of business the very second someone stops buying their drugs.

China's not the problem.

And lastly, not at all unlike weeding a garden (or not), pulling our military out of the rest of the world is exactly what the rest of the world would love to see....because as long as our military is in strength, they can't be assholes.  Just like that unruly neighbor everyone has....it isn't your logic or kindness that keeps him on his side...nor is it your or his fence.

It's the possibility that if he keeps doing asshole things....he'll go to jail.

< Message edited by LookieNoNookie -- 4/7/2009 6:22:03 PM >

(in reply to JohnSteed)
Profile   Post #: 20
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