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Viewing 8 posts - 31 through 38 (of 38 total)
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    • Tue, Aug 16, 2011 - 12:14pm

      #30

      frobn

      Status Bronze Member (Offline)

      Joined: Nov 28 2010

      Posts: 38

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      dshields wrote:…What the

    [quote=dshields]

    …What the majority of people have not been able to figure out yet is the transfer payments are going to get cut one way or another in the not so distant future.  They will be cut through some organized legislative process or they will be cut by a disorganized crisis process.  But, cut they will be.  When that happens all hell is going to break loose in America.  There will be riots in cities.  There will be madness.  The politicians can not save us from ourselves.[/quote]

    I hate to be cynical but indications are that If the riots do come, which is likely, official policy will be one of benign neglect towards the masses while providing full protection for the financial elites through military and private security forces.

     

    • Thu, Aug 11, 2011 - 02:36pm

      #14

      frobn

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      Joined: Nov 28 2010

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      Tim_P wrote:…There’s a

    [quote=Tim_P]

    …There’s a reason that people shoot looters.  They are opportunists that serve nobody but themselves.

    Tim

    [/quote]

    hmmmmmmmm.

    There is a reason that people shoot looters

    Looters are opportunists that serve nobody but themselves

    Banksters are opportunists that serve nobody but themselves

    Therefore people have a reason to shoot banksers

    Substitute looters/banksters with politician or oligarchs or any other group of opportunists that serve nobody but themselves. This should make for an interesting society in the sense of the Chinese curse.

     

     

     

    • Tue, Aug 09, 2011 - 11:26pm

      #9

      frobn

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      This is not directed at

    This comment has been moved here.

    • Tue, Aug 09, 2011 - 11:26pm

      #1159

      frobn

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      This is not directed at

    This is not directed at anyone in particular.

    I wish that posters would not post complete articles in the forum for 2 reasons:

    1: Complete articles may be impinging on the author’s copyright. A brief synopsis or paragraph from the article with the link should suffice.

    2: I may be interested in the topic but find it a nuisance to have to scroll though a large amount of material I am not interested in reading.    

     

    [Moderator’s note: Marked for removal]

    • Mon, Aug 08, 2011 - 08:24pm

      #1125

      frobn

      Status Bronze Member (Offline)

      Joined: Nov 28 2010

      Posts: 38

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      I feel sorry for the Tea

    I feel sorry for the Tea Party members. Their frustrations are clearly being manipulated to the point where their demands are against their best self interests. Those of us who want no government rather than a sane government (our present government is not sane) will be getting exactly what they wish along with all the unintended consequences. No one will be celebrating except for maybe less than 1/10 of 1% of our population.

     

    [Moderator’s note: Marked for removal]

    • Sat, Jul 30, 2011 - 03:03pm

      #23

      frobn

      Status Bronze Member (Offline)

      Joined: Nov 28 2010

      Posts: 38

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      pangiagreg wrote: For the

    [quote=pangiagreg]

    For the past 3+ years I have been convinced that the US Dollar would loose reserve status. In that time I have read a LOT of convincing arguments for that point of view. Tonight I located a recent article by Mark Lapolla that was not written in it’s tone as in favor of the dollar, but he sure paints a point of view that I find worth considering and it is contrary to what I have been thinking for these past years.

    I am curious as to what others here at CM think about this article (link to PDF below). The article is in alignment with NO GROWTH as a reality, however, the author paints (in my opinion) a very convincing outcome for the US Dollar that is different than what I have been planning for. 

    Comments?…What do you think?….Thanks!

    Link to PDF: http://welling.weedenco.com/html/20110429_Welling_Lapolla_REPRINT.pdf

     

    [/quote]

    His arguments are well reasoned. He argues that there may be a period of slow or no growth with the implication that growth will resume a continuous upward spiral at some point. We may vary well have small spurts of growth but the direction of the spiral will be predominately downward. Otherwise his reasoning appears close to CMs.

     

    • Sun, Jun 26, 2011 - 09:22pm

      #9

      frobn

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      switters wrote:I don’t see

    [quote=switters]I don’t see how owning physical gold would save me from excessive taxes, either.  I’d still have to pay them if I wanted to sell my gold for land, a house, or other productive assets.[/quote]

    This is the big unknown with PMs. The government doesn’t need to confiscate and no matter where you physically store your PMs there may be a tax or government fee when you cash in. If such a tax or fee is imposed Bullion Vault would be in violation of the law if they did not withhold the tax.

    • Sun, Jun 26, 2011 - 09:22pm

      #8

      frobn

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      Joined: Nov 28 2010

      Posts: 38

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      switters wrote:I don’t see

    [quote=switters]I don’t see how owning physical gold would save me from excessive taxes, either.  I’d still have to pay them if I wanted to sell my gold for land, a house, or other productive assets.[/quote]

    This is the big unknown with PMs. The government doesn’t need to confiscate and no matter where you physically store your PMs there may be a tax or government fee when you cash in. If such a tax or fee is imposed Bullion Vault would be in violation of the law if they did not withhold the tax.

Viewing 8 posts - 31 through 38 (of 38 total)