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Yes you may but the wealthy are in the minority in this country and they are the ones who have the cash. I say let's put tariffs on every luxury car coming in from Germany, Sweden and England. Also increase the property taxes on home worth more than one million dollars. You got the cash, its time you should pony up and pay your fair share. After all the democrats are in office and your money will soon be ours.
If the government was not favoring some over others there would be no rich people to suck up most of the capital. A true free market with minimal government oversight allows anyone able to work the opportunity to get their share. Instead we have a system with regulatory hurdles to prevent competition, a legal system as obsolete as a buggy whip, perpetual copyrights and a monetary system designed to give a few almost limitless wealth. Government should only be a referee in the market when corruption prevents innovation. The solution is smaller governments and a simpler system of taxation.
Yes you may but the wealthy are in the minority in this country and they are the ones who have the cash. I say let's put tariffs on every luxury car coming in from Germany, Sweden and England. Also increase the property taxes on home worth more than one million dollars. You got the cash, its time you should pony up and pay your fair share. After all the democrats are in office and your money will soon be ours.
Of course I am. I don't believe in government intervention in our economy but because Wall Street dropped the ball the federal government thinks they have the right to dictate how the economy is going to be run. Who is at fault for this mess? Both of them. If the banks were not allowed to deregulate we would not be in as deep as we are.
Of course I am. I don't believe in government intervention in our economy but because Wall Street dropped the ball the federal government thinks they have the right to dictate how the economy is going to be run. Who is at fault for this mess? Both of them. If the banks were not allowed to deregulate we would not be in as deep as we are.
You mean when the banks lowered standards for loans causing much of the problems we have today?
Assault on the mortgage lenders: in the name of racial justice, the Clintonites want the power to decide who gets a home of his own - efforts to impose regulations on banks to make loans even if applicants are not creditworthy
National Review , Dec 27, 1993 by Robert Stowe England
QUIETLY, behind the scenes, the Clinton Administration is preparing for the biggest regulatory crackdown of recent years. Attorney General Janet Reno is linking up with banking regulators and with HUD Secretary Henry Cisneros to end the supposed epidemic of discrimination against minorities in making home loans. The implications for society at large are ominous. (No kidding)
Here, as in affirmative-action efforts in hiring, college admissions, and the drawing of voting districts, the Washington establishment is obsessed with "disparate impact," which it equates with racism. In the mortgage-lending area, there is ample evidence of disparate impact to feed this obsession. Data collected by the Federal Government reveal that in 1992, while 16 per cent of white applicants for mortgage loans were rejected, 36 per cent of black applicants were rejected.
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Just a reminder both parties of government are equally worthless when it comes to our nations downfall.
Gold, Silver and other commodities have been on a steady rise for most of this decade. While I know nothing about the gentlemen in the video (I did not watch or listen to it), I do know that commodity prices reflect expectations about future inflation as well the current value of the US dollar.
Commodity prices have been falling recently due to a strengthening dollar. While many unsophisticated investors are being sucked into this trade by fear based sales pitches, there is one scenario which they would be right.
We have been printing money like there is no tomorrow to prop up these ragged banks (I think they should have been allowed to fail...but I digress) and to prevent "deflation". Right now the macroeconomic situation is so bad that expanded money supply has "stabilized" the economy. Here is the catch, if the Federal Reserve does not shrink the money supply as well as raise interest rate very quickly when we do start to actually recover the dollar will decline severely in value (it is already weak) and inflation could spiral out of control. Under this scenario the prices of all commodities would go through the roof.
While I certainly do not have blind faith in the Federal Reserve to do what it needs to do when the time comes, I do not think we will see that worst case scenario. However, they may still puck it up somehow!
Personally I would not pay $900 per ounce for Gold or $13.60 per ounce for silver but there are a lot of late night TV and newspaper ads selling fear.
I know who we all can buy American. Go right over to your outdoor shop and buy a Marlin, Remington or Ruger rifle or shotgun. You just might need it very soon when the market falls deep into the toilet.
I know who we all can buy American. Go right over to your outdoor shop and buy a Marlin, Remington or Ruger rifle or shotgun. You just might need it very soon when the market falls deep into the toilet.
There's some talk about 25% unemployment in California.
This would be good.
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