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Old 11-19-2012, 04:20 PM   #1
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The Looters Are in Control

[And now it’s time for Mr. Obama to start paying for all those votes by reaching deep into our pockets. If you intend to avoid paying your “fair share,” however, please take note: There will be few places to hide. For a gimlet-eyed view of what may lie in store for taxpayers and citizens of all political persuasions during the next four years, ponder the guest commentary below, from Wayne Siggard, a regular in the Rick’s Picks forum. RA]

The election was all about new math: 47 = 51. The foresight and genius of the Founders knew no bounds. Ben Franklin said, “Once the people find they can vote themselves money, that will herald the end of the republic.” The trumpets have sounded. The heralds have announced the awakening of the masses to that reality. The greatest and most free nation the world has ever known has just sold its birthright for a mess of pottage; or, at least, the promise of an Obama phone. The takers have voted to take control over the producers.

Everyone will now get a fair shot — except that those who work in government and those who take government welfare will get a fairer shot. Obama knows that you didn’t build that company. You didn’t live frugally and save more money than your neighbor while they spent theirs on drugs or riotous living. He knows this because he didn’t get anything without government assistance — affirmative action put him ahead of more qualified people who earned a spot that he took, just like Elizabeth Warren. You couldn’t possibly have gotten anything on your own merit or hard work.

"A claim for material position can be met only by a government with totalitarian powers." – Friedrich von Hayek

Von Mises said that full government control of all activities of the individual is virtually the goal of both national parties. Have you ever tried to drill an oil or gas well? Have you ever tried to build a house or commercial building? Have you ever tried to manufacture and sell a product? The International Building Code (IBC) increases in size, restrictions and requirements every year. Why? Because a bureaucracy needs to expand to justify its existence.

"Power tends to corrupt, and absolute power corrupts absolutely." – Lord Acton

Have you ever experienced the disdain and contempt of a bureaucrat whose permission you sought? It used to be that their power to grant a license or permit was retribution for their pay being less than that of the private sector. Now, you get to pay them 50% more than you would get for the same job, and the disdain has not decreased. Firemen, police officers, and military personnel can retire as young as 38, many making over $100,000 per year if they work until 50, and many can take another job and collect another pension on top of the first. Meanwhile, according to the Census Bureau, the average middle class family’s income has decreased $4,019 during the Obama years, to $50,964. More than half of the lifeguards in Newport Beach, CA, make over $150,000 per year and can collect more than $100,000 in pension benefits starting under 50 years of age.

So, What’s Coming?

That paradigm of preternatural prestidigitation, the Federal Reserve Bank, will continue its policy of zero percent interest. The big banks will mask their insolvency with free money from the Feds. Greedy speculators and fools who overspent on housing will have their mistakes paid for by those taxpayers who had the foresight to save and invest wisely. Obama bundlers and other insiders will continue to get billion dollar investments from the government, sucking valuable capital from the private sector. The official inflation rates will miraculously stay low while you are paying 100% more for gasoline and food.

"History is largely a history of inflation, usually inflations engineered by governments for the gain of governments." – Friedrich von Hayek

Foreign nations are no longer purchasing U.S. government bonds. The largest purchaser is the Federal Reserve Bank. In other words, the government is printing money from thin air. In 1970, you could go to Las Vegas and buy a silver dollar for one paper dollar. It now costs around $35. A mansion behind the Beverly Hills Hotel sold for $200,000. It resold in 2004 for $16 million. A house in Flintridge, CA, sold for $115,000. Its current value is $4.5 million. The base price for a Corvette was $5192. It is now $49,600, a comparative bargain. What you could buy for $1 million in 1970 now takes $36 million. Senator Everett Dirksen in the 1960s is reputed to have remarked,” a billion here, a billion there, and pretty soon we’re talking real money.” You can now add three zeros. The bottom line is that if you are collecting 0.15% interest on your CD, you are losing real purchasing value of at least 10%, and that rate will be accelerating in the next four years. Carlo Ponzi was a hopeless naïf compared to our elected officials.

Harry Reid Has a Plan

Harry Reid already has a bill on his desk which requires that all pension plans (except for the unions, of course), 401Ks, and IRAs be converted to annuities from the government. This pile of cash represents the largest pile of readily available cash in the world right now. The money will be gone as soon as it hits the government’s account, and you will be left with empty promises. There is no money, only a printing press.

Capital export controls will be enacted. You will not be able to get your money out of the country. Already you can no longer open a bank account in Switzerland unless you have over $30 million because the reporting requirements are too onerous for a smaller account. All requests to Switzerland for visas from Americans will be suspended. History will be repeated (shocking, I know), and all gold in private hands will be confiscated. The Republicans will cave, the tax rates will rise, and anyone making more than the insider politicians and government employees will encounter ever-increasing marginal tax rates.

Payoffs for votes will be made. Affirmative action requirements will be increased in every field of endeavor. Women’s abortions and contraceptives will be free. Regulations will stop the advent of fracking and the boom in oil and natural gas will come to an abrupt halt. Payments to environmental groups for lawyer’s fees will expand exponentially. Government-controlled lands with oil and gas potential will be declared wilderness or national monuments, just like Grand Staircase-Escalante in Utah. I could go on for another ten pages, but , in a nutshell, the message from Mr. Obama is, “You lost.”

And finally, Israel has recognized that Mr. Obama will offer no succor. Before the end of January, they will raid Iran. Gasoline will reach $7 per gallon, and voila, solar and wind energy will be competitive. No matter that your thermostat is set at 40 degrees, if you can get fuel or power.

The looters are in control. Set your alarms.

http://www.zerohedge.com/contributed...rs-are-control
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"When you see that in order to produce, you need to obtain permission from men who produce nothing; when you see that money is flowing to those who deal, not in goods, but in favors; when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you; when you see corruption being rewarded and honesty becoming a self-sacrifice; you may know that your society is doomed." – Ayn Rand
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Old 11-19-2012, 04:34 PM   #2
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My alarm is set for 12:00 PM, January 31, 2013. If gasoline isn't $7/gal, this guy is full of it.
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Old 11-19-2012, 05:13 PM   #3
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My alarm is set for 12:00 PM, January 31, 2013. If gasoline isn't $7/gal, this guy is full of it.

"Full of it" like the jokers who said Romney was electable? Or full of it like the guys who called the 08 crisis in 05?
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"When you see that in order to produce, you need to obtain permission from men who produce nothing; when you see that money is flowing to those who deal, not in goods, but in favors; when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you; when you see corruption being rewarded and honesty becoming a self-sacrifice; you may know that your society is doomed." – Ayn Rand
Old 11-19-2012, 11:07 PM   #4
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Even if only half of the Authors predictions come true,
we are still done.
Slaves to barry.

I took notice of all Gold in private hands being confiscated.
Like Adolf Hitler did with the Jews.
Took the Gold wedding bands off of all married Jews before sent to prison camps to work till they die or stuck into gas chambers, set in front of machine gun firing squads.

Fick You Obama.



$7 per gallon gas.
it may just happen under bama's rule from now 2012 to 2016.
Communism transformation complete.
Mission accomplished.
The sheep- liberals will comply.
No brains left. Fried from drugs & years of brainwashing.

BR
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Old 11-19-2012, 11:09 PM   #5
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Anyone involved in economis knows that you can't predict an event to the "Day". It's just common sense. Lots of variables and plenty players involved. There are many things the bankers can do to stave off a crash, or to speed one up...especially once they're plans are no longer secret.

So, if you were lucky enough to be listening to the right folks in 05', 06 and 07 and they mentioned a crash in 08', or even possible crash, then you would have had a "heads up" and start making preparations and watched the market more closely...if you listened. If you didn't, well then you ended up "bitch'n" and broke like so many who lost anywhere from a one-quarter to all of their savings and investments...which included their homes and cars.

Some people have their money tied up in various types of investments. Often times, money is "locked-in" for a year or several years..up to 20 years in some cases, so the sooner the owner of that money is warned, the better his chances are of moving and protecting it.

So let's flip the script, some of these same folks said gold was going to sell for over 1000.00 .oz from 350.00 oz. That was a 10 year prediction. Well as you can see, they were right.. and then some! Guess it all depends on who'd you rather listen too.

3 years ago, Germany was warned that if they didn't take their gold back (which was supposedly held in NY), that it would disappear. Guess what, now that countries all around the world are taking back custody of their gold to hedge against the collapsing dollar,....Germany's gold has just vanished. Guess it's just too bad they didn't listen.

Even in a market like ours today, there's much money to be made. Frankly, I like the super-Idealogues! They're so ignorant, arrogant and stubborn, that they leave tons of money to be made by those listening to the right folks.
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Old 11-19-2012, 11:44 PM   #6
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Anyone involved in economis knows that you can't predict an event to the "Day". It's just common sense. Lots of variables and plenty players involved. There are many things the bankers can do to stave off a crash, or to speed one up...especially once they're plans are no longer secret.

So, if you were lucky enough to be listening to the right folks in 05', 06 and 07 and they mentioned a crash in 08', or even possible crash, then you would have had a "heads up" and start making preparations and watched the market more closely...if you listened. If you didn't, well then you ended up "bitch'n" and broke like so many who lost anywhere from a one-quarter to all of their savings and investments...which included their homes and cars.

Some people have their money tied up in various types of investments. Often times, money is "locked-in" for a year or several years..up to 20 years in some cases, so the sooner the owner of that money is warned, the better his chances are of moving and protecting it.

So let's flip the script, some of these same folks said gold was going to sell for over 1000.00 .oz from 350.00 oz. That was a 10 year prediction. Well as you can see, they were right.. and then some! Guess it all depends on who'd you rather listen too.

3 years ago, Germany was warned that if they didn't take their gold back (which was supposedly held in NY), that it would disappear. Guess what, now that countries all around the world are taking back custody of their gold to hedge against the collapsing dollar,....Germany's gold has just vanished. Guess it's just too bad they didn't listen.

Even in a market like ours today, there's much money to be made. Frankly, I like the super-Idealogues! They're so ignorant, arrogant and stubborn, that they leave tons of money to be made by those listening to the right folks.
If you can turn $100K into 1 X 10 to 6 power or 10 to the 9 th. power, 1,000,000 + go for it.
I would not stick 1 penny into the stock market, investment fund, ect.
Because it leaves a paper & electronic trail for barry & the bankers to steal it back from You.

I prefer like the old school Italians did things.
Bury $$$.

BR
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Old 11-20-2012, 02:12 AM   #7
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Ben Franklin said, “Once the people find they can vote themselves money, that will herald the end of the republic.”
This quote is of spurious origin. There is no record of Franklin ever saying that.

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The greatest and most free nation the world has ever known has just sold its birthright for a mess of pottage; or, at least, the promise of an Obama phone. The takers have voted to take control over the producers.
The whole "Obama phone" thing has already been discredited. I don't know why people keep bringing it up. The "Lifeline Assistance" program was started almost 30 years ago under the Reagan administration. They first started offering cellular service under the second Bush administration... it would be more accurate to call it the "Reagan phone," since his administration originally launched the program.

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What you could buy for $1 million in 1970 now takes $36 million.
This guy keeps just pulling information out of his @%$. According to the Consumer Price Index, what cost $1,000,000 in 1970 would take $5,961,778 to purchase in today's money... not $36,000,000. This guy is so full of $#@* that the stench in here is starting to make it difficult to breathe.
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Old 11-20-2012, 03:40 AM   #8
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I would not stick 1 penny into the stock market, investment fund, ect.
You can make some money off of stocks/bonds, but in this ever increasingly fraudulent market, you have to have some good guidance and be careful. In fact, you make loads lots of money in Bear markets,.. certain companies prosper in down-times. It's all about info.

But... "Real" money is the stuff you can't burn. Gold and Silver has been honored as currency for over 5000 years! Paper money comes and goes.
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Old 11-20-2012, 04:03 AM   #9
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The whole "Obama phone" thing has already been discredited. I don't know why people keep bringing it up. The "Lifeline Assistance" program was started almost 30 years ago under the Reagan administration. They first started offering cellular service under the second Bush administration... it would be more accurate to call it the "Reagan phone," since his administration originally launched the program.
Just like there were 7 Presidents before BO who tried to expand Health Care to all.. Republican and Democratic Presidents alike. I'm sure there were differences in all of the plans, but the notion was the same.

There were others with plans as well. We all know that Clinton tried, though before him Nixon had a plan that would've given Health Care to nearly all Americans (Employee mandate-based). Gerald Ford was in agreement and tried to push it forward, but with so little time in office, that died. H.W. Bush saw what the Dems had done previously, and drew up a plan of his own. It was said that he didn't care for the issue personally, but on a political front, he wanted to get out ahead. Ronald Reagan signed the Emergency Medical Treatment and Active Labor Act, which required hospitals to treat patients in Urgent need. Reagan also instituted COBRA, and catastrophic care to Medicare towards the end of his last term..but that was later repealed.

Conservatives don't realize that many ideas have been swapped or stolen, and many have been used as talking points or even political campaign platforms.

The Pundits keep turning that "key" in the middle of their backs.
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Old 11-20-2012, 04:14 AM   #10
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Written in 1957...for those of you who care...way before BO was born.


http://en.wikipedia.org/wiki/Atlas_Shrugged
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Old 11-20-2012, 04:20 AM   #11
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Romney and the GOP really demonstrated a synergy of arrogance and incompetence by blowing the election. They had it made and completely fumbled it. Do you really want those morons running the country?

Romney was going to close a bunch of loopholes which would have made things worse for those of us that profit from those.

At least Obama knows how to win an election.
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Old 11-20-2012, 04:33 AM   #12
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[QUOTE=87vette81big;1998314]I took notice of all Gold in private hands being confiscated.
Like Adolf Hitler did with the Jews.
Took the Gold wedding bands off of all married Jews before sent to prison camps to work till they die or stuck into gas chambers, set in front of machine gun firing squads.[QUOTE]

The U.S. Govt. confiscated all personal gold in 1933... inflated the price, where you could then buy it back at a major loss.

No gun needed.
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Old 11-20-2012, 04:38 AM   #13
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Romney and the GOP really demonstrated a synergy of arrogance and incompetence by blowing the election. They had it made and completely fumbled it. Do you really want those morons running the country?

Romney was going to close a bunch of loopholes which would have made things worse for those of us that profit from those.

At least Obama knows how to win an election.
..but look at how so many Conservatives and Republicans think?? If you look at many of the different martial arts styles, most don't attack or use force, they just use your anger, hate and self-delusion against you by side-stepping and allowing you to fall on your face.
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Old 11-20-2012, 05:48 AM   #14
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The U.S. Govt. confiscated all personal gold in 1933... inflated the price, where you could then buy it back at a major loss.

No gun needed.
No, it was illegal for the serfs to own gold again until 1969.. then you could buy/own it. It was basically an overnight 70% devaluation of the dollar.
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"When you see that in order to produce, you need to obtain permission from men who produce nothing; when you see that money is flowing to those who deal, not in goods, but in favors; when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you; when you see corruption being rewarded and honesty becoming a self-sacrifice; you may know that your society is doomed." – Ayn Rand
Old 11-20-2012, 05:49 AM   #15
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Written in 1957...for those of you who care...way before BO was born.


http://en.wikipedia.org/wiki/Atlas_Shrugged

Brought the book and read most of it...thought it was too convoluted.
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