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First recorded activity by BoatBanter: Oct 2009
Posts: 9
Default 2012 forecast: Food riots, ghost malls, mob rule, riots, terror

Dinosaur_Sr wrote:

This sort of thing has happened before, and will happen again. the US
is not the Soviet Union.


Getting more like it by the minute these days. Do not make the fatal
error if believing that it cannot happen here. It can, and by slices,
it is.

This will not cause the collapse of US
society. We have had the recession and deflation...still going through
the deflationary phase.


This is no recession - it is depression. Mild at the moment, but there
are events on the horizon that are almost certain to come before long
that will turn the wick up a notch or two on our currently unwelcome
conditions. Just one example would be the coming wave of mortgage
foreclosures. That should be spread over the coming year or two. Based
on my reading, it stands to be a damned sight worse than the first wave.

And what about the likelihood of hyperinflation? While it would be
nice to be able to pay off the mortgage after only 20 minutes after
taking that job at McDonalds, the other side effects may not be so pleasant.

In a few months we will get some real growth
and consequent inflation.


Um... not likely. Runaway inflation is not a result of economic
growth, but of out of control printing of paper money, which our
esteemed ex-president and congress were quite happy to kick off and
which our current Nobel laureate has taken to heights GW's puny mind
could unlikely wrap itself around.

When the value of the currency matches GDP
and other indices of real worth, we will get another period of
prolonged growth. While the ole boom/bust cycle is not well liked by
some progressives, it sure beats the permanent mandated bust phase
that result from progressivist policies.


The operative work here is "when". As it is currently proceeding,
Obama and congress may be defining "when" in terms of geological time
scales.
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First recorded activity by BoatBanter: Oct 2009
Posts: 22
Default 2012 forecast: Food riots, ghost malls, mob rule, riots, terror

Demon Buddha wrote in
:

Dinosaur_Sr wrote:

This sort of thing has happened before, and will happen again. the US
is not the Soviet Union.


Getting more like it by the minute these days. Do not make the
fatal
error if believing that it cannot happen here. It can, and by slices,
it is.

This will not cause the collapse of US
society. We have had the recession and deflation...still going through
the deflationary phase.


This is no recession - it is depression. Mild at the moment, but
there
are events on the horizon that are almost certain to come before long
that will turn the wick up a notch or two on our currently unwelcome
conditions. Just one example would be the coming wave of mortgage
foreclosures. That should be spread over the coming year or two. Based
on my reading, it stands to be a damned sight worse than the first wave.

And what about the likelihood of hyperinflation? While it would be
nice to be able to pay off the mortgage after only 20 minutes after
taking that job at McDonalds, the other side effects may not be so
pleasant.

In a few months we will get some real growth
and consequent inflation.


Um... not likely. Runaway inflation is not a result of economic
growth, but of out of control printing of paper money, which our
esteemed ex-president and congress were quite happy to kick off and
which our current Nobel laureate has taken to heights GW's puny mind
could unlikely wrap itself around.

When the value of the currency matches GDP
and other indices of real worth, we will get another period of
prolonged growth. While the ole boom/bust cycle is not well liked by
some progressives, it sure beats the permanent mandated bust phase
that result from progressivist policies.


The operative work here is "when". As it is currently proceeding,
Obama and congress may be defining "when" in terms of geological time
scales.


Don't forget the people like me who would rather see the house burn down than
go socialist.

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First recorded activity by BoatBanter: Oct 2009
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Default 2012 forecast: Food riots, ghost malls, mob rule, riots, terror

Gray Ghost wrote:

Don't forget the people like me who would rather see the house burn down than
go socialist.


We already are socialist and have been since 1933, thanks to that
commie rag FDR. We have been a crypto-socialist affair for abut 76
years. I don't see that changing any time soon. All those people on
welfare for the 5th generation running would not know what to do with
themselves. But let us hope I am wrong and they become faced with the
choice of finding a job or starving to death.

Yes, we have been socialist, but have now added the factor of more or
less bald-faced fascism to the mix. I do not consider the USA to be a
constitutional republic any longer in terms of how we actually do our
business. We are a fascist capitalist police state. Things are likely
to get worse before they get better. A lot worse.
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First recorded activity by BoatBanter: Oct 2009
Posts: 22
Default 2012 forecast: Food riots, ghost malls, mob rule, riots, terror

Demon Buddha wrote in
:

Gray Ghost wrote:

Don't forget the people like me who would rather see the house burn down
than go socialist.


We already are socialist and have been since 1933, thanks to that
commie rag FDR. We have been a crypto-socialist affair for abut 76
years. I don't see that changing any time soon. All those people on
welfare for the 5th generation running would not know what to do with
themselves. But let us hope I am wrong and they become faced with the
choice of finding a job or starving to death.

Yes, we have been socialist, but have now added the factor of more
or
less bald-faced fascism to the mix. I do not consider the USA to be a
constitutional republic any longer in terms of how we actually do our
business. We are a fascist capitalist police state. Things are likely
to get worse before they get better. A lot worse.


Which is why a fire is needed.

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jps jps is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 7,720
Default 2012 forecast: Food riots, ghost malls, mob rule, riots, terror

On Thu, 15 Oct 2009 22:09:56 -0500,
(Gray Ghost) wrote:

jps wrote in news:rcffd5ldgilt8ouu9i1gdeo263iu8sksn6@
4ax.com:

On Mon, 12 Oct 2009 18:11:37 -0500,

(Gray Ghost) wrote:

Demon Buddha wrote in
news:acKdnUp_erL2LU7XnZ2dnUVZ_hCdnZ2d@giganews. com:

Gray Ghost wrote:

Don't forget the people like me who would rather see the house burn down
than go socialist.

We already are socialist and have been since 1933, thanks to that
commie rag FDR. We have been a crypto-socialist affair for abut 76
years. I don't see that changing any time soon. All those people on
welfare for the 5th generation running would not know what to do with
themselves. But let us hope I am wrong and they become faced with the
choice of finding a job or starving to death.

Yes, we have been socialist, but have now added the factor of more
or
less bald-faced fascism to the mix. I do not consider the USA to be a
constitutional republic any longer in terms of how we actually do our
business. We are a fascist capitalist police state. Things are likely
to get worse before they get better. A lot worse.


Which is why a fire is needed.


Ah yes, to replenish the tree.

Seems we should add alt.insane. assholes to the thread.


Nope. To barbecue the libs.


Oh, how delicious. You're talking like an Ethiopian already.

Maybe you could nuzzle up to a warlord and shine his pistol for him.


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