sickoflibs
Since Nov 7, 2005
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sickoflibs
Since Nov 7, 2005
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The Peter Schiff/Austrian Economics ping. (Washington Bankrupting our Nation by Spending your past, present and future money!)
If you realize both parties in Washington think that our money is theirs and you trust them to do the wrong thing, this list is for you.
If you think there is a Santa Claus that has some magic easy cure for the economy; someone who is going to get elected in Washington and fix everything just by cutting your taxes, investing (more government spending) a few trillion more we don't have and will never have, and who will just command some countries to lower their prices and others to raise their prices all to suit your best interests, then this list is not for you.
You can read past posts by clicking on : schifflist , I try to tag all relevant threads with the keyword : schifflist.
Ping list pinged by sickoflibs.
To join the ping list: FReepmail sickoflibs with the subject line 'add Schifflist'.
(Stop getting pings by sending the subject line 'drop Schifflist'.)
The Austrian Economics School’s Commandments plus :From : link
1) You cannot spend your way out of a recession
2) You cannot regulate the economy into oblivion and expect it to function
3) You cannot tax people and businesses to the point of near slavery and expect them to keep producing
4) You cannot create an abundance of money out of thin air without making all that paper worthless
5) The government cannot make up for rising unemployment by just hiring all the out of work people to be bureaucrats or send them unemployment checks forever
6) You cannot live beyond your means indefinitely
7) The economy must actually produce something others are willing to buy
8) Every government bureaucrat should keep the following motto in mind when attempting to influence the economy: “First, do no harm!”
9) Central bank-supported fractional reserve banking is an economically distorting, ethically questionable activity. In particular, no government should ever do anything to save any bank from the full consequences of a bank run, no matter what the short-term consequences.
10) Gold is God’s money.
Add mine:
1) Businesses don't hire workers just because of demand for products or services, they hire because it makes them money. Sorry to have to state the obvious.
2) Government spending without taxing is still redistribution
3) Taking one man's money and giving it to another is not a job.
4) Paul Krugman and Bernake have been wrong about everything, as well as the other best and brightest Keynesian's who have been fixing our economy for over a decade.
5) Republicans in the minority (esp out of the White House) act like Republicans, in the majority they act like Democrats .
Equity bubble rules:
1)If something goes up too fast, it is going down faster,
2) By the time it looks like everybody is getting rich, it’s too late, stay out!
3) To get rich you have to get in early start of recovery and get out at the first really 'bad' news, and ignore the experts that claim that they will stop the next crash(our buddy Bernake.).
4) Don't invest money you will probably need, or worse money you don't really have.
Bush home Ownership links:
Bush pushes minority homeownership (FR post | June 15, 2002 | By KATHY A. GAMBRELL)
Bush seeks to increase minority homeownership (FR post USA Today ^ | 1-20-04 | Thomas Fogarty )
President Bush Mortgage Speech 2002(Helping those w bad credit buy houses)
Compassional conservative was proved to be a huge failure under Bush as all those minorities voted Democrat by 2008 after they lost all those homes promoted above.
Check Federal law, you cannot offer in-state tuition rates to illegals unles you offer it to out-of-state legal Americans too.
(a) In general
Notwithstanding any other provision of law, an alien who is notlawfully present in the United States shall not be eligible on the basis of residence within a State (or a political subdivision) for any postsecondary education benefit unless a citizen or national of the United States is eligible for such a benefit (in no less an amount, duration, and scope) without regard to whether the citizen or national is such a resident.
(b) Effective date This section shall apply to benefits provided on or after July 1, 1998.
COOL post comment from early-mid 2008
To: Baladas
I am with you. America thinks Marxism is the answer. Obama is the cure. We have no say this year so we can just try to enjoy the ride. Next year all focus will be on Obama to keep his promises and fix things. Now he's the liberal messiah, but he will be hung once elected by same fickle liberal press looking for blood.
#7 posted on Wednesday, May 28, 2008 9:44:36 AM by sickoflibs (Are libs really as dumb as they act??(maybe they just assume we are that dumb))
To: Frantzie
RE “Volunteer and donate. We will hold Pres McCain’s feet to the fire.”
Like you did with Bush? And with a Democratic majority??
“Volunteer for ???? You don’t mean for McCain do you? I can’t promote him with a straight face. I may donate to a 527 that has a message I agree with but. . How can I go out and tell people: “John’s a reformer, not a Republican" ? McCain is saying "Both parties mainly my party caused this mess, but not me the independent reformer". John is NOW for cutting taxes and for drilling. But he WAS against it a few months ago then switched his positions in the middle of an election 'because of principle, not politics.' And he’s against pork, and earmarks, and deficits, except the 700B investor/bank bailout bill he voted for that because it’s the best congress would pass and we had to do something immediately”
I cannot defend mCCain. can you???
#21 posted on Friday, October 17, 2008 2:42:23 PM by sickoflibs ( Obama : spread YOUR money around with ‘tax rebates’ to those not paying taxes)
Rush says is always right, never doubt him:
Rush Limbaugh Predicts McCain Victory (NewsMax ^ | October 31, 2008 | David A. Patten )
OWCH!
Abortion to states Scalia and Palin:
““Justice Clarence Thomas, joined by Justice Scalia, wrote an interesting concurrence in yesterday's partial birth abortion case, indicating that he might be sympathetic to a Commerce Clause challenge to the federal partial birth abortion ban that was just upheld by the Court.” But no one — perhaps fortunately — raised the Commerce Clause, so Thomas and Scalia voted with the rest of them to uphold the ban.”
ref at Catholic Answers Forums,
Q to Palin: Why is Roe v. Wade a bad decision?
PALIN: I think it should be a states’ issue not a federal government-mandated, mandating yes or no on such an important issue. I’m, in that sense, a federalist, where I believe that states should have more say in the laws of their lands and individual areas. Now, foundationally, it’s no secret that I’m pro-life that I believe in a culture of life is very important for this country. Personally that’s what I would like to see further embraced by America.
Source: 2008 CBS News presidential interview with Katie Couric Oct 1, 2008
Sarah Palin on Abortion Republican Governor (AK); 2008 nominee for Vice President
Gingrich Earned Twice As Much As Previously Disclosed From Ethanol Lobbying Group
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Aunt B gone again:
I’m in the wrong place. And it looks like the entire ‘tea party’ is compromised. I’m outta here. I want immigrants to be part of this country, not singled out for special treatment or like they’re too dumb to be an American without being pandered to. Imo, the actions of this ‘tea party’ to pander like our enemy does is RACIST.
This isn’t a discussion, I’m done and so is this country when even ‘conservatives’ are willing to sell off ethnicities for votes...which you will NEVER get. But it must make ya feel good, so you go ahead.
27 posted on Wednesday, April 17, 2013 5:22:23 PM by AuntB