Comments on: Updated: Predicted Meltdown

By: Michael Rebmann

Michael Rebmann — Sat, 20 Sep 2008 03:52:12 +0000

It would be more accurate to say the electorate has been deceived into thinking that the practices of socialism are good.

By: gunjam

gunjam — Sat, 20 Sep 2008 02:49:46 +0000

“Theft is what this is all about–unconstitutional, criminal taking.”

Amen, although you are more likely to be jailed for asserting the truth than are those who have perpetrated these heinous crimes.

By: media kingdom

media kingdom — Fri, 19 Sep 2008 23:32:27 +0000

it’s hard to object to the government’s mass bailouts from a historical standpoint since similar debt-producing methods were put into action to save the U.S. from the Depression; maybe we’re really socialists at heart and don’t want to admit it…

By: Bucktowndusty @FromThePen.com

Bucktowndusty @FromThePen.com — Fri, 19 Sep 2008 14:40:30 +0000

This book sums it up nicely.
http://www.amazon.com/Behind-Housing-Crash-Confessions-Insider/dp/1439204063/ref=sr_1_1?ie=UTF8&s=books&qid=1221835190&sr=1-1

By: Jamie

Jamie — Fri, 19 Sep 2008 04:43:22 +0000

I’m finding it a heavy burden to live during the decline of the American Empire. I imagine I feel similarly to a concerned Roman citizen after the battle of Adrianople. The Empire won’t fall tomorrow, next year or next decade. But its fate is sealed nonetheless, and there’s not a damn thing I can do about it.

By: Alex

Alex — Fri, 19 Sep 2008 00:40:57 +0000

Thank you so very much for posting this. I have been gritting my teeth at the stupidity of the Average American and even my Professors in academia.

There is an article on MSNBC.com that talks about how ‘regulation’ is becoming a fashionable word in the future. They say that an end is coming to the 30 year love with ‘de-regulation’.

There is so much wrong with this article that I dont know what to say. First of all, I would say that I apparently lived in an alternate reality where we didn’t have the government micromanage our economy and price control nearly everything with dozens of agencies, thousands of taxes, and literally approaching millions of lines of regulatory law for every industry.

I will post more on this as comments come in – I want to let people chime in.

But I will say that the biggest problem we have now is not that *we* know what is going on, it is that the American *people* (you know, those dummies walking around the street) do not.

[Ron Paul spoke brilliantly on Glenn Beck today about this issue; see if you can locate the YouTube.–IM]

By: Myron Pauli

Myron Pauli — Thu, 18 Sep 2008 22:53:53 +0000

Benoit Mandelbrot (fractals mathematician) wrote how markets fluctuate. Markets are related to dervivatives – the higher the derivative, the more the potential gain and the more the fluctuation. Leveraging upon marginal leverage is essentially “asking for it”. It is like having a 10 foot levee and being hit by a 40 foot wave. The fact that people now expect the government to (unconstitutionally and stupidly) bail out these reckless decisions just encourages the recklessness MORE. These arbitrary and unlawful bailouts are attaching a bigger anchor on all of us until there finally is no one to bail out the United States of Weimar Zimbabwe. (and freedom dies in the process as well)