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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: bigcat32
Things will get worse if Obama gets in but just like with Carter America will realize the mistake and change the course again.

The problem is, Carter America was characterized by inept blunders whereas Obama America, backed up by majorities in both houses of Congress, are poised to inflict far more damage in much less time. I agree American will realize the mistake, but could it really change course that easily? I have a hard time imagining this far left bunch of Dems abiding by our election processes.

41 posted on 10/23/2008 9:54:53 AM PDT by Starboard
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To: MindBender26
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."

The 80-20 rule will apply with "free" health care, i.e. 20% of the population will consume 80% of the resources.

42 posted on 10/23/2008 10:01:44 AM PDT by randog (What the...?!)
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To: itsahoot

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

Really? Some would argue that we abandoned the Constitution during the Louisiana Purchase, the disallowance of Southern secession, and particularly during the New Deal.

Some would argue that slavery was no less an abomination before God than would be homosexual marriage. We, as a nation, have departed from God’s will before now.

I’m not really sure what oath you’re referring to.

H


43 posted on 10/23/2008 10:03:04 AM PDT by SnakeDoctor (Keep Austin Quarantined ...)
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To: MindBender26

read later


44 posted on 10/23/2008 10:07:30 AM PDT by lonestar
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To: Starboard

“I agree American will realize the mistake, but could it really change course that easily?”

It took 2 years to neutralize Clinton. IF BHO gets in with a super majority in Congress we’ll have two years of pain but I believe they will overplay their hand. 2010 will be the time to take back Congress to neutralize BHO.

I don’t believe any of the polls coming out of the mainstream press anyway. Any talk of a BHO presidency at this point is very premature. Let’s wait until poeple get in the booth and cast their vote in private. A big Republican turnout will create a McCain landslide. I personally know of MANY die-hard Dems who will refuse to vote for BHO and some of those will vote for McCain.


45 posted on 10/23/2008 10:08:47 AM PDT by bigcat32
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To: gundog

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

I totally agree, there are many ways to feed if necessary,
Fishing, Hunting and getting over the fact that Bambi is a deer!


46 posted on 10/23/2008 10:11:20 AM PDT by TommyJoe (Freedom is not Free unless you fight for it !)
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To: MindBender26
"Guns don’t mean much when your children haven’t eaten in three days."

Wrong. Guns mean your children have something to eat.

47 posted on 10/23/2008 10:12:09 AM PDT by JustaDumbBlonde (America: Home of The Free Because of The Brave)
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To: MindBender26

EVERY Christian must read this letter:

Letter from a Christian in 2012 in Obama’s America


48 posted on 10/23/2008 10:13:38 AM PDT by truthandlife ("Some trust in chariots and some in horses, but we trust in the name of the LORD our God." (Ps 20:7))
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Comment #49 Removed by Moderator

To: bigcat32

it will be difficult to take congress back completely in 2010. we will probably be down 40-50 seats in the house after nov 4. doable to recapture in 2 years, but difficult. the senate will out of reach until 2012. the 2010 map will yield a few pickup possibilities but it’ll be impossible to take the at least 6 (probably more like 8 seats) needed to take the senate.

with obama in there, we are realistically looking at 4 years of complete liberal control of the government.


50 posted on 10/23/2008 10:18:42 AM PDT by philsfan24
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To: philsfan24

“we will probably be down 40-50 seats in the house after nov 4. doable to recapture in 2 years, but difficult.”

If BHO wreaks the havoc on America that this thread seems to be implying anyone with a (D)next to their name will be roasted.

How many seats changed to R in 2004?


51 posted on 10/23/2008 10:22:40 AM PDT by bigcat32
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To: MindBender26

A gun means I can hunt some dinner and protect my garden.

Of course in a city it means you can go hunt up some soylent green.


52 posted on 10/23/2008 10:34:30 AM PDT by ExpatGator (Extending logic since 1961.)
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To: bigcat32
I believe they will overplay their hand. 2010 will be the time to take back Congress to neutralize BHO.

I sincerely hope your scenario is correct. My son is very politically astute (he's worked on the Hill) and thinks the same thing. However, given Obama's 'transformational' commitment, a supermajority, and a complicit media that obligingly runs cover for the Dems, I can't help but fear some type of shenanigans are in the offing. Pray that I am wrong.

53 posted on 10/23/2008 10:35:46 AM PDT by Starboard
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To: MindBender26
The founders gave "US" the 2nd amendment
not ensure hunting or firearms collection, or for target practice..

-BUT- so they "WE" could revolt under circumstances EXACTELY like this one..
If Americans are craven cowards and will NOT revolt.. they deserve to be CONQUERED..
Evidently a few female Congress critters have DE-BALLED America..
American men must have become Capons are not Roosters anymore..

54 posted on 10/23/2008 10:46:20 AM PDT by hosepipe (This propaganda has been edited to include some fully orbed hyperbole....)
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To: Starboard

“Pray that I am wrong.”

I pray BHO loses the election. It’s our job to inform as many people as possible about the ramifications of an Obama presidency. If we end up losing then we need to continue to be informative and work harder for 2010.

I will be a poll observer in Cuyahoga County this year to see for myself if mayhem rules the polling stations. Cuyahoga County is the home of Democrat ruled Cleveland, Ohio.


55 posted on 10/23/2008 10:50:09 AM PDT by bigcat32
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To: The Hound Passer; Parley Baer

McCain? You really think the pseudo-conservative McCain is going to prevent this slide, especially with a Dem Congress in power?

The sad thing is that this is what the American people seem to want - European style socialism. Looks like they’re going to get it, too.


56 posted on 10/23/2008 11:00:51 AM PDT by Pining_4_TX
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To: bigcat32
I donated to McCain and have the campaign sign conspicuously displayed on my front lawn but that in no way compares to the effort you're making! Thanks for your dedication to the cause.

By the way, my son has bumper stickers on his car and drives into 'enemy territory' everyday.

57 posted on 10/23/2008 11:03:34 AM PDT by Starboard
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To: Hemorrhage
Some would argue that slavery was no less an abomination before God than would be homosexual marriage. We, as a nation, have departed from God’s will before now.

Slavery was rampant World Wide, still is in Africa, maybe you should give a little credit to the US for abolishing it.

Universal service that was present after WW II called for all military to take an oath, I will leave it to you to search that out.

Many in our Government abandoned God for their own purposes, but the general population had not, until recently.

During the impeachment of Bill Clinton, all seated Senators were required to take a new oath, which was broken by almost all of them, within the day they took it.

58 posted on 10/23/2008 11:14:45 AM PDT by itsahoot (We will have world government. The only question is whether by conquest or consent.)
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To: MindBender26

“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.”

This screams for a drawing similar to the 9/11 drawing of a soldier taking the flag from a NY fireman with the words “I’ll take it from here”. But in this case Obama takes the pistol from the hand of the ghetto hood.


59 posted on 10/23/2008 11:16:45 AM PDT by HockeyPop
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To: itsahoot

>> Slavery was rampant World Wide, still is in Africa, maybe you should give a little credit to the US for abolishing it.

You’ve read into my statement things I simply did not say. I said that slavery was an abomination before God. Nowhere did I absolve the world, nor did I deny the US credit for its abolishment. In fact, my argument was that we are an exceptional nation because we have overcome such problems — the abolishment of slavery is simply further evidence to prove my point.

>> Universal service that was present after WW II called for all military to take an oath, I will leave it to you to search that out.

Most people have taken no such oath. This is not a problem with the “general population”.

>> Many in our Government abandoned God for their own purposes, but the general population had not, until recently.

Sin has been prevalent in humanity for eternity, and will be until Kingdom come. One could argue that the general population, not the government, was at fault for the slave trade.

I am unconvinced that sin and Godlessness is any more prevalent now than at any other time. Perhaps more people are expressly non-religious ... but hedonism and moral weakness have been present in the general population for quite some time.

H


60 posted on 10/23/2008 11:27:27 AM PDT by SnakeDoctor (Keep Austin Quarantined ...)
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