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Is America Over? The Tipping Point May Be Very Close.
Discussions with bankers and investors | MB26

Posted on 10/23/2008 9:23:08 AM PDT by MindBender26

Is America over? The tipping point may be very close.

Three proven economic principles may be converging to put the final nail in the coffin of the Great American Dream.

Economics, at least at the level American citizens and businesses must practice it, with money in the bank to cover checks, money to cover payrolls, never spending more than you have and other little inconveniences that never seem to bother either government or its servants, that type of economics is a cold, hard, unforgiving science. The Clinton years proved that we can not cash a check at the bank if that check is made out in the amount of "Hope." Likewise, the reality-based segment of economics does not like nonspecific, pie-in-the-sky promises of "change." In reality-based economics, 2+2 always equals 4, hot checks bounce, and race-baiting poverty pimp politicians are viewed with disdain, not awe.

12 months ago the real world financial and economic engines in this country viewed Barack Obama is a joke. Six months ago they viewed him as a bad joke. Now they just see him as bad... or worse, as the coming disaster to the economic foundation that is the basis of life in America.

Some may believe that our concept of freedom is the basis of life in our country. Others may say it's our faith, (... or hope ... or charity.) Crediting "diversity" as critically important is politically popular, although no one can quite explain what diversity means other than ensuring that the best qualified person for position does not get the job!

Our success is due to more than our freedom. A core economic system is essential for the success of any country or any society. Look what has happened in former Communist-bloc countries where inflation ran wild and their currency became worthless. That would be especially disastrous here in the United States with our transnational interdependence on others for basic life necessities. The real problems would not come when China would no longer accept a worthless dollar to pay for TV sets or computers. The real problem is American starving because Canada would not send us wheat, Argentina will not ship us beef and the 75% of our oil that we import from overseas would dry up, all because our dollar had become as worthless as an Obama smile.

In the second world and third world, currency and economic stability are not nearly as important as they are here. The African fishermen can trade parts of his daily catch to the local goatherd for milk. The Asian camel trader can attain anything he needs from other goods and services traders, usually within his village. His social status is not dependent on the latest video game from Korea, clothing from Thailand or perfume from Paris.

But such local exchange and barter is impossible for most Americans. What does the welfare recipient resident of Bedford-Stuyvesant in Brooklyn trade to get basic food for her family? Even worse, how do the basic necessities of life get to her from the farms and fields of Middle America when the trucks, trains and planes of our transportation system sit idle because of no fuel, or money to pay for it.

If you think it couldn't happen here, please realize that most real-world economists say it is the absolutely natural outcome of an Obama economic system. For years everyone has worried that as both the welfare system and welfare mentality continue to grow unchecked, the real wealth generators, the American companies and those men and women who are paid to provide work for them would one day just simply give up. Everyone knew there was a point at which America's business owners and entrepreneurs would simply say "I'm sick of getting screwed. I'm sick of working harder and harder to provide food and shelter, and of course the oh so politically correct "healthcare" for those people who simply choose not to work."

That point in time has come.

These are the people who realize that the Teddy Kennedy-Barack Obama promise of health care for everyone really means "free doctors visits and medicines for people too lazy to work paid for by people who do work."

These are the people who realize that Barack Obama's promise to "redistribute the wealth" simply means reaching into our pockets, ripping out our money, and giving it to someone else. For the last 50 years they have been doing it with pistols, Now they want to do it by fulfilling political promises they have made to the welfare classes.

The real untold story of the last 20 days of this political campaign and stock market crash has been a quiet surge of American business owners, professionals, the otherwise wealthy and those who contribute to America's largess, as opposed to those who simply take from it. They are all running not to the early voting ballot booths, but they are going to their bankers, investment advisors, other family members and anyone else that they involve other major financial decisions. They are all asking basically the same question "how do we get off the treadmill? How do I make sure that I'm not the last smart person to get out of this country with their money and their sanity intact? How, without starting a panic, do I guard against malignant Obamaism? It's obvious Obama is going to kill our basic core economic system because there simply won't be enough successful businesses left to pay for those who will not work... and pay off those who elected them?"

International economists expect to see operating capital transferred out of this country at an increasing and alarming rate. With it would go, not only the economic engine that drives the country, but any possibility of recovery and return to economic prosperity within the United States. We have reached the tipping point where the "smart money" is saying "enough is enough." They think of themselves as not leaving the United States but rather that the United States has left them.

Bankers and government officials in Australia, New Zeeland, the Bahamas, the Turks and Cacaos, Austria, Kenya, Israel and even Iceland are quietly rolling out the welcome mat. They want American businesses, American businesspeople, and the skills, attitudes and money they bring with them. Of course, there will be nowhere for the average American to go, but of course, Obama will blame the collapse of our economy and country on racism…. and he and the Rev. Wright could always catch the last flight out for Switzerland.

When you look at Obama's history and the current ACORN-inspired buggery you can see that Obama wishes to transform our political system into one resembling a third world banana dictatorship. If as many people flee the country as we expect, he will have a third-world economic system to accompany his dictatorship.


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
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To: Para-Ord.45

“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world’s greatest civilizations has been 200 years.”

This is the same nonsense spouted during the height of the Jimmy Carter “malaise”. Things will get worse if Obama gets in but just like with Carter America will realize the mistake and change the course again. The backlash will be huge against a potential Obama presidency and right now an Obama presidency is starting to look wobbly.


21 posted on 10/23/2008 9:36:46 AM PDT by bigcat32
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To: TommyJoe

Not, when on the 6th day, it’s all 100 miles away.

Read “Alas, Babylon.”


22 posted on 10/23/2008 9:37:48 AM PDT by MindBender26 (Never kick a leftist when they are down. Wait 'til they're halfway back up! You get better leverage!)
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To: MindBender26
"A country that kills its young has no future"

Pope John Paul II

23 posted on 10/23/2008 9:37:55 AM PDT by marshmallow
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To: MindBender26
Guns don’t mean much when your children haven’t eaten in three days.

If you have guns and your children haven't eaten in three days then you're at fault.

24 posted on 10/23/2008 9:38:38 AM PDT by facedown (Armed in the Heartland)
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To: MindBender26

I’m going to disagree.

No people in the history of the universe have ever been more free than us.

While things can get bad (ie, Adams’ Alien and Sedition Acts, socialized rail transportation, FDR, Jimmy Carter), we are still armed and dangerous, especially with the recent explosion of gun sales.

As a group, we won’t be giving up our freedoms easily. If it gets bad enough, even the left will join with us as they did when Hitler invaded the USSR.

I have great optimism for the future and expect that we are very early in the period that will come to be known as the 1st great and bountiful human empire.


25 posted on 10/23/2008 9:39:23 AM PDT by <1/1,000,000th%
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To: MindBender26

Oh, look, gloom-and-doom defeatism. How quaint.


26 posted on 10/23/2008 9:41:32 AM PDT by arderkrag (Libertarian Nutcase (Political Compass Coordinates: 9.00, -2.62 - www.politicalcompass.org))
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To: MindBender26; tx_eggman
Guns don’t mean much when your children haven’t eaten in three days.

Not much of a hunter, are you?
27 posted on 10/23/2008 9:42:05 AM PDT by SpinnerWebb (Islam ... If you can't join them, beat them.)
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To: ClearCase_guy
after everything falls apart, there is reason to believe that people will see government as the problem, not the solution, and then free individuals and free markets can work miracles.

I can remember back in the 1970s, when I became a conservative (after first discovering Ayn Rand in 1969), I used to have this nightmare: The world has been destroyed by nuclear war. I think I am the only survivor. Then I meet another living human being, a fellow survivor. We both look around at the destruction and carnage, and the first thing he says is: "F**king capitalists!"

28 posted on 10/23/2008 9:42:42 AM PDT by Maceman (If you're not getting a tax cut, you're getting a pay cut.)
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To: Lazamataz

I did that last week. Am I in hell?


29 posted on 10/23/2008 9:44:18 AM PDT by MARTIAL MONK (I'm waiting for the POP! It's gonna be a BIG one.)
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To: MindBender26

The bailout was Bush’s Christmas gift to Obama/Pelosi and gave the pass for endless handouts, all put on the Bush ‘deficit credit card” as Pelosi tells the public. Then next year Pelosi will claim she has to raise taxes on those that pay taxes (minus a few on the bottom) to pay for the Bush deficit(=all the bills Bush signed that Pelosi pushed) , and it may fly. We were sold out. And McCain quietly voted for the bailout sealing his fate with Bush (couldnt happen to a better guy.)

Once Bush (and McCain) is gone the dynamics will change. Finally they will not be able to point fingers, take credit for spending, vblame for deficits.


30 posted on 10/23/2008 9:46:23 AM PDT by sickoflibs ( Obama : I will spread YOUR money around with 'tax rebates' to those not paying taxes)
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To: MindBender26

If you don’t like what’s going on change it. Instead of doing a roll over. Geez, this stuff is just defeatism.

I’m in PA and I don’t know about Bethlehem, but I can see miles and miles of homes and businesses when I travel. And one heck of a lot of new gas wells going up all over the farmlands.

As a Pennsylvanian I’m sick of the ‘Allentown’ Billy Joel outsider mentality. Isn’t it bad enough that we’re bitter, rednecks, racists and clinging to God and guns? Do we have to be soupliners too?

There are people fighting for this country right now. Who are we to shrug and give up and stick our heads in the sand?


31 posted on 10/23/2008 9:47:17 AM PDT by ReneeLynn (The heels are on, the gloves are off.~ Sarah Palin)
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To: Camel Joe
It has been nearly 30 years since I swore a solemn oath to defend the Constitution from enemies BOTH foreign and domestic and as far as I can recall I have NEVER rescinded that oath.

July 1954, I took that same oath, little did I know that we would be the only ones stupid enough to take it seriously.

Now I am too old to do much but shout at the TV. God Blessed this Nation, now we as a Nation have abandoned God, the Constitution, and our Solemn Oaths.

May God forgive us for what we have left our children.

32 posted on 10/23/2008 9:48:07 AM PDT by itsahoot (We will have world government. The only question is whether by conquest or consent.)
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To: marshmallow
"Is there any reason to lament the decline of a civilization that has contributed so much to its own demise?"

Josef Cardinal Ratzinger (now Pope Benedict XVI)

33 posted on 10/23/2008 9:50:33 AM PDT by Alberta's Child (I'm out on the outskirts of nowhere . . . with ghosts on my trail, chasing me there.)
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To: arthurus

Yes, we do have the same threats from McAmnesty as posed by B Hussein. That is the real scary part. Both of these guys will redistribute our American wealth, one way or the other


34 posted on 10/23/2008 9:50:45 AM PDT by UCFRoadWarrior (Return to Americanism)
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To: MindBender26

Not, when on the 6th day, it’s all 100 miles away.

______________________________________

I’ve read Alas, Babylon about 50 times (favorite book), but I find your statement obscure. I get the whole “pap for the masses during campaigns, etc., but can you expand on your sentence?


35 posted on 10/23/2008 9:50:56 AM PDT by melissa_in_ga (McCain-Palin 2008 - A landslide?)
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To: Hemorrhage
We have triumphed over far worse than this.

That was before we as a Nation had abandoned God, the Constitution, and our Solemn Oaths.

36 posted on 10/23/2008 9:51:04 AM PDT by itsahoot (We will have world government. The only question is whether by conquest or consent.)
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To: Parley Baer

‘America’s best days may be behind it. I think it is only a matter of time.”

Try reading some history. It will give you a perspective bigger than only what you can see in front of you.

There have been cycles of prosperity, chaos, war, and destruction throughout all of history, and throughout the history of this nation, too.

There is an interesting book called The Fourth Turning which lays out some interesting principles for the future. Yes, there is a crisis looming right now, and a contested election may be the trigger. But it’s not the first time we’ve been faced with something like that, and won’t be the last.


37 posted on 10/23/2008 9:51:19 AM PDT by webstersII
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To: itsahoot

Liberalism and radicals are destroying this country.
It may take another civil war or revolution to restore the power back to the people ans the states.


38 posted on 10/23/2008 9:51:57 AM PDT by RED SOUTH
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To: ReneeLynn
Good points. And as I've said for months now, look at the positive side of all this economic turmoil . . .

You don't hear too much crap about "global warming" and "protecting the environment" anymore, do ya?

39 posted on 10/23/2008 9:53:29 AM PDT by Alberta's Child (I'm out on the outskirts of nowhere . . . with ghosts on my trail, chasing me there.)
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To: MindBender26

Why would it take you three days to find and shoot a deer?


40 posted on 10/23/2008 9:53:51 AM PDT by gundog (I'm a bitter gun owner, and I vote.)
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