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The Clock Is Running (Out) (Denninger)
The Market Ticker ^ | 7-2-2010 | Karl Denninger

Posted on 07/02/2010 7:29:22 AM PDT by blam

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To: blam

The family should be the main social-welfare network, and the Gov’t has destroyed it.

In the 1930’s, my mother lived in one house with her parents, 3 brothers, 2 cousins and an aunt and uncle. When her Dad lost his job, her uncle supported everyone. Dad found another job, and then the older cousin worked as well. Everyone contributed, no one expected others to take care of them. There were few luxuries, but they maintained a decent home and even had a car which everyone shared. It was also the happiest time of their lives.


21 posted on 07/02/2010 8:00:19 AM PDT by PGR88
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To: blam

Has this woman made the onnection yet about elections having consequences ?

There’s no doubt that she voted for Barry.

I guess that didn’t work out for her. She should join a Tea Party.


22 posted on 07/02/2010 8:01:59 AM PDT by COUNTrecount (Barry...above his poi grade.)
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To: blam

Welcome to obamanomics prog. The danger to America is not Barack Obama but a citizenry capable of entrusting a man like him with the presidency. It will be easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to an electorate willing to have such a man for their president. The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails us. Blaming the prince of the fools should not blind anyone to the vast confederacy of fools that made him their prince.. The republic can survive a Barack Obama. It is less likely to survive a multitude of fools such as those who made him their president.


23 posted on 07/02/2010 8:12:37 AM PDT by Neoliberalnot ((Read "The Grey Book" for an alternative to corruption in DC))
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To: blam

Some years ago when I became unemployed I had the sense (learned from my parents who’d likewise lived through lean times, known as the Great Depression), to immediately adjust my lifestyle. No more cable TV. Economize on food, fuel, driving. Always asking myself when shopping, do I really need that now? No, well okay then. Set the heat to Jimmy Carter levels during the winter (wear a sweater inside). And, don’t spend time watching TV or surfing the internet when you could be working on a resume, sending out job application letters, and doing the whole nine yards of job searching.

I feel badly for the people who are unemployed and their benefits are ending, but the up side of this is that it may well be a needed wake-up call. Though I fear the only message some are waking up to at first is just “extend my benefits longer so I can keep living this same lifestyle longer,” rather than doing what’s needed, like stop voting for and supporting democrats and start doing something right for a change.


24 posted on 07/02/2010 8:25:10 AM PDT by Jay W
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To: blam

Watch what happens when the government monkey pellet machine stops dispensing pellets to the monkey population.


25 posted on 07/02/2010 8:28:10 AM PDT by Noumenon ("Upon what meat doth this our Caesar feed, that he has grown so great?" - Julius Caesar)
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To: Neoliberalnot

That multitude of fools such as those who made him their president are unlikely to survive the consequences of their vary bad choices.


26 posted on 07/02/2010 8:30:02 AM PDT by Noumenon ("Upon what meat doth this our Caesar feed, that he has grown so great?" - Julius Caesar)
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To: Darnright

I guess I’m just a b!@tch, cuz I don’t feel sorry for these people at all. They have sucked everything out of us indirectly. I’m furious that I’m expected to fork over part of my hard earned pay to support people who want to take extended paid vacations, and end up surprised that it lasts longer than they thought it would. There ARE jobs out there.


27 posted on 07/02/2010 8:39:58 AM PDT by kevslisababy (It's very hard to earn my trust again)
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To: Noumenon

I wonder what the people in Detroit are going to do when they don’t get their government checks any more?

I’ve been stocking up on ammo.


28 posted on 07/02/2010 8:53:24 AM PDT by MichiganConservative (A government big enough to do unto the people you don't like will get to doing unto you soon enough.)
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To: MichiganConservative

Best not to even be there.


29 posted on 07/02/2010 9:05:41 AM PDT by Noumenon ("Upon what meat doth this our Caesar feed, that he has grown so great?" - Julius Caesar)
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To: blam

Because she let’s herself be interviewed for this article and openly describes her woes, I strongly suspect that she’s totally OK with gubmint handouts. Personally, I would be too humiliated to subject myself to such an interview.


30 posted on 07/02/2010 9:30:44 AM PDT by matt1234 (The only crisis 0bama can manage is one he intentionally created.)
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To: blam

I’m stuned that she thought she could just keep living like she was on unemployment! No one seems to save anything for rainy days anymore? Geez we are still employed and the heat does not go over 70ºf all winter and I hold off as long as possible to turn on the A/C. If we were unemployed O know we would not use the A/C at all. I don’t a a cell phone because I think most are too expensive and not a necessary thing for us. We owe out much less than hubby makes in a year and that includes a mortgage. Once that is sold someday we will be out of debt. We’ve been pretty wise with our money, old George squeels before he leaves my fingers.


31 posted on 07/02/2010 10:23:12 AM PDT by chris_bdba
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To: blam

I’m stuned that she thought she could just keep living like she was on unemployment! No one seems to save anything for rainy days anymore? Geez we are still employed and the heat does not go over 70ºf all winter and I hold off as long as possible to turn on the A/C. If we were unemployed I know we would not use the A/C at all. I don’t have a cell phone because I think most are too expensive and not a necessary thing for us. We owe out much less than hubby makes in a year and that includes a mortgage. Once that is sold someday we will be out of debt. We’ve been pretty wise with our money, old George squeels before he leaves my fingers.


32 posted on 07/02/2010 10:23:51 AM PDT by chris_bdba
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To: Noumenon
That multitude of fools such as those who made him their president are unlikely to survive the consequences of their vary bad choices.

Someone (Ayn Rand?) once observed that "It is possible to ignore reality, but it is not possible to ignore the consequences of ignoring reality."

33 posted on 07/02/2010 10:56:05 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: DuncanWaring

Yep - that’s Rand. “You can evade reality, but you cannot evade the consequences of evading reality.”

This will not end well.


34 posted on 07/02/2010 11:08:41 AM PDT by Noumenon ("Upon what meat doth this our Caesar feed, that he has grown so great?" - Julius Caesar)
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To: Noumenon

I just stole that. Thanks!


35 posted on 07/02/2010 11:11:35 AM PDT by Larry Lucido (“You can evade reality, but you cannot evade the consequences of evading reality.” Ayn Rand)
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