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Recent news reports say that the economy is improving because consumers are starting to spend again. Will this trend continue? How many FReepers that said "I'm going Galt" are still doing so?
1 posted on 04/30/2010 1:21:30 PM PDT by smokingfrog
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To: smokingfrog

I’m Galt for sure and will not spend until this idiot has gone


2 posted on 04/30/2010 1:22:05 PM PDT by manc (WILL OBAMA EVER GO TO CHURCH ON A SUNDAY OR WILL HE LET THE MEDIA/THE LEFT BE FOOLED FOR EVER)
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To: smokingfrog

forgot to add
a guy from MI who moved own here has been spending like crazy since bozo got in, course it’s all on credit cards, even yesterday he bought himself a steam cleaner and a power washer
yes he’s a left kook and believe me not all there in the head


3 posted on 04/30/2010 1:23:37 PM PDT by manc (WILL OBAMA EVER GO TO CHURCH ON A SUNDAY OR WILL HE LET THE MEDIA/THE LEFT BE FOOLED FOR EVER)
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To: smokingfrog

SPEND LIKE THERE’S NO TOMORROW.........


4 posted on 04/30/2010 1:26:15 PM PDT by Red Badger (When you see Jerusalem being surrounded by armies, you'll know that its desolation is NEAR. Luke 21)
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To: smokingfrog

Telemachus Sneezed ...


5 posted on 04/30/2010 1:27:56 PM PDT by Chi-townChief
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To: smokingfrog
Recent news reports say that the economy is improving because consumers are starting to spend again. Will this trend continue? How many FReepers that said "I'm going Galt" are still doing so?

Yes the reports keep saying the economy is improving. and then on the Friday news dump a correction report adjsuts the numbers "unexpectedly." Just today there was an article posted on FR noting that the 99 weeks of unemployment was about to expire for a lot of people.

While I don't agree with paying people to not work for nearly 2 years, eventually many of those people are going to lose their homes and cars. A lot of people refer to the economy as a house of cards..... I think of it as a Jenga game..... take a block from Peter and you give it to Paul. Take more blocks from Peter and you give them to Tom, Dick, and Harry. Peter is running out of bloks and the tower is going to fall.

6 posted on 04/30/2010 1:28:04 PM PDT by Repeat Offender (While the wicked stand confounded, call me with Thy Saints surrounded)
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To: smokingfrog
The novel was twice as long as it needed to be, filled with long philosophical soliloquies about the evils of socialism;

The philosophical soliloquies were the core of the book. The rest was just to provide setting for the speeches.

7 posted on 04/30/2010 1:28:16 PM PDT by KarlInOhio (I am so immune to satire that I ate three Irish children after reading Swift's "A Modest Proposal")
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To: smokingfrog
Deep into the story, the main protagonist, John Galt, is revealed to the reader as a brilliant young engineer who has decided to stop the engine of the world. He has invented a motor that can convert static electricity into electric power, but he refuses to share his knowledge or his invention with the world in an atmosphere of ever-intrusive government intervention into the private sector.

Several Russian aircraft designers did some of their best work while serving time during WW2 in Stalin's prisons. Don't be so sure that the State can't squeeze you for your intellectual property. I will admit that to many of those Russian engineers patriotism trumped any problems that they had with the Soviet regime.

8 posted on 04/30/2010 1:30:54 PM PDT by Tallguy ("The sh- t's chess, it ain't checkers!" -- Alonzo (Denzel Washington) in "Training Day")
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To: smokingfrog
I believe the reasons for the apparent improvement last quarter are; increased government spending (wealth transfer), tax refunds, and people not paying their mortgages now having cash to spend. As for increased company profits, I noticed that they are doing this with decreased revenues (look at CAT).
9 posted on 04/30/2010 1:31:46 PM PDT by yadent
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To: smokingfrog

Up until the past few weeks, we have not been spending more on retail/discretionary items, and do not anticipate doing so anytime soon. We have had to spend more money lately due to some events of our lives recently, but have not just “gone shopping” for the fun of it.


13 posted on 04/30/2010 1:37:54 PM PDT by NEMDF
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To: smokingfrog

Only thing I spend money on was a car. Would have preferred not to, but the old one would never have made it till 2012. (plus his CAFE standards scared me about what my choices might be in a couple of years)


14 posted on 04/30/2010 1:39:07 PM PDT by Buckeye McFrog
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To: smokingfrog
Earn as little as necessary.

Spend as little as possible.

Stock up on food and ammo.

15 posted on 04/30/2010 1:40:09 PM PDT by E. Pluribus Unum (FYBO: Islam is a religion of peace, and Muslims reserve the right to kill anyone who says otherwise.)
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To: smokingfrog

Only spending to stock up on those things I think will be necessary and less available, including homeschooling materials.


16 posted on 04/30/2010 1:46:17 PM PDT by FourPeas (God Bless America)
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To: smokingfrog

Going Galt? Well I’m already earning almost nothing at a brain dead job.. not quite an unskilled track laborer but close ,,, as far as feeding the beast I recently started a not-for-profit and am using that umbrella to run and host several businesses that will (while legitimately helping others) help my family... also it opens me up to the world of “grants” ... until the rules change I’m playing the game as it’s presented. And I already have my own “Galts Gulch” up and running in a free country. I need more but I’m pretty well situated.


18 posted on 04/30/2010 1:49:32 PM PDT by Neidermeyer
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To: smokingfrog
My only purchases for the past few months have been to stockpile needed items for protection and survival.

I have property and a home in a state and location where, if things do fall apart, the entire local and State Government apparatus will fall apart and have no more effect on my life. Local resources will go away and the State will have to concentrate on the major urban areas far away.

I have the ability and resources to plant what I need to survive and can hunt and fish on my property and nearby on my neighbor's/friends property.

I have the ability to store and transport my own gas to get my family there when needed.

28 posted on 04/30/2010 2:03:40 PM PDT by OldMissileer (Atlas, Titan, Minuteman, PK. Winners of the Cold War)
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To: smokingfrog
Certainly not by choice, having been thrown out of work because of my advanced age; but the result is the same.

I have not worked since last July. Further, no employer hires employees over 60 (much less over 62), unless it is for very menial labor.

Therefore, I am living on SS, unemployment, and any other gummint handout I can find.

If that is "John Gault", then I'm a'doin' it!

29 posted on 04/30/2010 2:03:46 PM PDT by Logic n' Reason (Don't piss down my back and tell me it's rainin'!)
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To: smokingfrog

30 posted on 04/30/2010 2:32:09 PM PDT by roofgoat
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To: smokingfrog

I am still ‘going Galt.’ Other than absolute necessities, I buy nothing. Would love to get some new things but I just won’t do it.


36 posted on 04/30/2010 2:49:33 PM PDT by CaliforniaCon
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To: smokingfrog

We have lowered our federal tax liability by over 95%. Life is good. We’ll reconsider if and when the Socialists are out of power.


37 posted on 04/30/2010 3:07:18 PM PDT by SaxxonWoods (Gone Galt and loving it)
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To: smokingfrog

Going Galt, with a Henry Bowman chaser...

Pigs need feeding...


41 posted on 04/30/2010 3:59:17 PM PDT by stevie_d_64 (I'm jus sayin')
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To: smokingfrog

I have four years to pay off the house. Then I have low expenses.


42 posted on 04/30/2010 4:01:18 PM PDT by Chickensoup ("A corrupt society has many laws" - Tacitus)
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