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How Far Down The Rabbit Hole Must We Go?
The Market Ticker ^ | March 21, 2010 | Karl Denninger

Posted on 03/22/2010 12:28:05 AM PDT by happygrl

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To: JLAGRAYFOX
And....my friends government bankruptcy is right around the corner!!!

THAT is the beauty of it.

I feel so much like Francisco d'Anconia. I fully get it. The rage and the desire to see it all destroyed rather than fund and prop up the looters. I can not wait to see it all crash down and I hope to do whatever I can to hasten that collapse.

21 posted on 03/22/2010 4:17:56 AM PDT by riri (Resistance-It's the New Black)
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To: happygrl

"we go until they don't move anymore"

22 posted on 03/22/2010 4:20:10 AM PDT by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated)
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To: happygrl
Our fate is sealed. No one, neither the DNC nor the GOP, will do the hard thing.

We will either break apart, become an Empire, or fall like Argentina.

23 posted on 03/22/2010 4:35:32 AM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: JLAGRAYFOX; All

“Watch the sparks fly at that point. And....my friends government bankruptcy is right around the corner!”

I’m doing my part - upped my tax exemptions to the highest I could by law. Directed more pre-tax dollars into my health care slush fund and 401K at work; ANYWHERE you can stash pre-tax cash will help.

I suggest everyone else do the same. Read a tax table (Fed and/or state.) See how much they expect to steal from you this year...then double down, live as far below your means as you can, pay off any debt that you have, stash cash, silver, gold and lead. Barter for what you need when you can. Plant a garden, or enlarge the one you already have.

I started doing this years ago; my family has the means to weather this storm.

Starve the Beast! :)


24 posted on 03/22/2010 4:52:36 AM PDT by Diana in Wisconsin (Save the Earth. It's the only planet with Chocolate.)
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To: happygrl

MSNBC and CNN were obviously full of joy last night.

This makes me ill

http://www.cbsnews.com/video/watch/?id=6320924n&tag=related;photovideo


25 posted on 03/22/2010 5:49:05 AM PDT by Dubya-M-DeesWent2SyriaStupid!
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To: redgolum

State’s Rights is an immediate part of the answer. The taxes that are mandated would be stopped by individual states declaring that their residents are not subject to them. Throughout the New Deal there were 10th Amendment challenges that the Supreme Court denied on precedent rather than the Constitution. So the point is, get the challenges going on state level, stop the taxes NOW and turn off the spigot. Just like the states that have no income tax have no withholding of money for an income tax. So check the map and get to those states, then drive the truck right into the heart of these oligarchs.


26 posted on 03/22/2010 6:16:03 AM PDT by John S Mosby (Sic Semper Tyrannis)
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To: Diana in Wisconsin

Good points. The Grasshoppers are coming for the Ants lifetime savings of grain. Which in the story, meant the Ants had to fund a mercenary army to destroy the Grasshoppers.


27 posted on 03/22/2010 6:22:07 AM PDT by John S Mosby (Sic Semper Tyrannis)
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To: timetostand
The ombamacare dance is a ruse to get to your money and assets in a cinical attempt to float the sinking ship.

More like putting four more torpedos into the Yorktown as she's rolling over for the last time.

28 posted on 03/22/2010 6:49:02 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: happygrl

Don’t go down the hole. Pour in gas and light it and wait for the kaboom

That’s the way to exterminate yellow jackets. It should work for a rabbit hole as well.


29 posted on 03/22/2010 6:56:05 AM PDT by bert (K.E. N.P. +12 . Ostracize Democrats. There can be no Democrat friends.)
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To: happygrl

Bookmark.


30 posted on 03/22/2010 10:53:08 AM PDT by geologist (The only answer to the troubles of this life is Jesus. A decision we all must make.)
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To: John S Mosby

adding to this the importance of who our judges are now...who expects to leave...and how will Obama’s new appointments affect and weigh the SCOTUS...and how long the republicans can keep them dangling out there.


31 posted on 03/22/2010 11:23:43 AM PDT by caww
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