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Old 03-02-2009, 07:39 PM
 
Location: Barrington
63,919 posts, read 46,725,169 times
Reputation: 20674

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Quote:
Originally Posted by thriftylefty View Post

The key to getting the economy back running is to create demand even if it is smoke a mirrors
We need another bubble and somewhere along the line we lost our wand.
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Old 03-02-2009, 08:18 PM
 
48,502 posts, read 96,838,702 times
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I tyhnk a stimuluis is fine but we need to look at the Chinese who did one 100% stimulus;forgetting the special interest froup pork. I also think teh main thig is to stabilze the banks and even AIG or we may face another economic collapse.The administrion needs to stop the fear tactics to get thing s doen wuickly;it has made things get worse IMO. They also need to forget other domestic ploicy that cost money we don't have. I saw many economic journalist who basicaslly said if AIG goes under it will be worse than the big three all going under.They alos said that the feds takover of the Fannies shows how bad that can go.
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Old 03-02-2009, 08:27 PM
 
Location: planet octupulous is nearing earths atmosphere
13,621 posts, read 12,729,004 times
Reputation: 20050
well i think it's time for the B2 ice berg to roll over it's getting top heavy!!!!
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Old 03-02-2009, 08:31 PM
Status: "119 N/A" (set 22 days ago)
 
12,956 posts, read 13,671,429 times
Reputation: 9693
an expansion of the food stamp program or farm subsidies might lower food prices, and people will spend the extra money on the way home, what would it cost to feed all school children free lunch
from k-8? that would also put alittle walking around money in parents pockets, A parent with three kids would save $30.00 a week or have it to spend
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Old 03-03-2009, 03:10 PM
 
Location: Prepperland
19,020 posts, read 14,198,297 times
Reputation: 16747
Quote:
Originally Posted by thriftylefty View Post
I think we got to keep the Auto industry and the Banks bailed out, what ever is going to replace cars, the auto industry is going to have build it, and nobody can buy any thing big like Houses or cars with out "invisible" money or credit.
Demand for credit is a side effect of scarce money. Scarce money is a side effect of the disconnect between the marketplace and the money system.
As currently configured by law, the supply of money tokens is borrowed, at usury, into existence. Before that, gold / silver coin was also scarce. Scarce money enriches bankers who lend money or extend credit, at usury.

The automobile industry is highly efficient, pound for pound than many other industries (compare the cost of a bicycle to an automobile). However, all automobiles are entirely dependent upon petroleum, for fuel, lubrication, synthetic rubber tires, plastics, fabric, polymer films in safety glass, and the asphalt pavement. Since we import roughly 70% of our consumption, it is unrealistic to subsidize it.

In 2007 consumption rates
1 million barrels of oil = one hour U.S. consumption
1 billion barrels of oil = one month U.S. consumption
1 trillion barrels of oil = one human lifetime ...

The ANWR field in Alaska, for example, has about 20 billion barrels, or 20 months of supply for the U.S.
The U.S.A. has the legacy of being a big country that was once "king of oil". Problem is, although the U.S.A. lost the crown in the 1970s, 30 years later, it still has not lost the mindset. And now we import 70% percent of our oil. We can't afford to remain oil junkies. And there is no alternative that can supply the equivalent of 24 million barrels / day 'habit'.

The best estimates for worldwide petroleum reserves is only 40-50 years - then collapse.

To reduce petroleum consumption requires a renaissance of rail - steel wheel on steel rail. That will require a massive initiative to not only electrify all mainline railroads, but rebuild all the urban streetcar systems that were deliberately destroyed by the oil interests.

An electric powered mass transit system is the only viable option to replace 70-80% of the petro-cars, and their demand for petroleum.


Quote:
Originally Posted by thriftylefty View Post
I think National health care will work if there is a stipulation that you have to work a job to get it, The key to getting the economy back running is to create demand even if it is smoke a mirrors
National Health Care will never work efficiently nor effectively.
The demand will outstrip the supply of caregivers and supplies, causing long delays and rationing.
"Emergency Care" will become triage.

Socialist policies already "require" everyone to work. But "smart people" have figured out many ways to become an "official recipient", and feed from the public trough, whether in the administration or as a beneficiary.
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Old 03-03-2009, 06:22 PM
 
Location: Under a bridge.
3,196 posts, read 5,395,985 times
Reputation: 982
Quote:
Originally Posted by middle-aged mom View Post
We need another bubble and somewhere along the line we lost our wand.

You got that right....I hope the next bubble is being developed now--maybe something with genetics, stem cells, and energy....
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Old 03-03-2009, 07:22 PM
 
311 posts, read 694,033 times
Reputation: 225
Legalize all drugs and prostitution and have legal state run gambling and tax the hell out of all three.Anyone that hurts someone from useing drugs or underage pros. will be thrown in prison for a long time.I.E stealing to support habit or assulting people while high or neglecting your kids.
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Old 03-03-2009, 09:41 PM
 
Location: Barrington
63,919 posts, read 46,725,169 times
Reputation: 20674
Quote:
Originally Posted by tired-of-mn View Post
Legalize all drugs and prostitution and have legal state run gambling and tax the hell out of all three.Anyone that hurts someone from useing drugs or underage pros. will be thrown in prison for a long time.I.E stealing to support habit or assulting people while high or neglecting your kids.
Then we have to support them.
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Old 03-03-2009, 09:46 PM
 
Location: Barrington
63,919 posts, read 46,725,169 times
Reputation: 20674
Quote:
Originally Posted by thriftylefty View Post
an expansion of the food stamp program or farm subsidies might lower food prices, and people will spend the extra money on the way home, what would it cost to feed all school children free lunch
from k-8? that would also put alittle walking around money in parents pockets, A parent with three kids would save $30.00 a week or have it to spend
Actually, adjusted for inflation, food is cheaper now than it was 40 years ago.

With a substantial segment of the population facing retirement I think it's going to be a tough sell to convince those without school-aged children to pay for lunch, so their parents have some walking around money, in their pockets.
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Old 03-03-2009, 09:59 PM
 
Location: Under a bridge.
3,196 posts, read 5,395,985 times
Reputation: 982
Quote:
Originally Posted by middle-aged mom View Post
Then we have to support them.

We already do.
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