Great Depression of 2016

[hemet dennis]

Quote:
It's call trickle up economics, and it wont work.

 

[hemet dennis]

People can never agree on what spending cuts should be made. Those with investments and good incomes like the idea of tax breaks, and those on the lowest incomes want extra spending on what you call welfare and we call benefits. Some would have tax increased and others, benefits slashed. Where do we go from there?

And people will complain that politicians cannot agree, but the people cannot agree. So what makes the people think that the politicians will ?

 

[Bluebonnet]

People can never agree on what spending cuts should be made. Those with investments and good incomes like the idea of tax breaks, and those on the lowest incomes want extra spending on what you call welfare and we call benefits. Some would have tax increased and others, benefits slashed. Where do we go from there?

Those that need benefits do not receive enough to survive on their own, yet such money comes from taxation.

It is a pretty vicious cycle.

The answer lies not in government, but with we the people.

This is a problem that is multi-faceted and where it is clear that the methods our government has tried in the past have failed and are not lasting solutions.

Our system currently has both parents working, the children being raised and educated by our government, our elderly in nursing homes and the natural order is way off balance.

The answer lies in the restoration of the family unit and by that I mean families being financially able and willing to return to a somewhat older lifestyle.

The problem lies in folks being able to make the transition back, because few can afford to make the initial investment it requires to do so.

This is just my opinion on the matter and I do not wish to elaborate for fear of bringing up gender roles, because it is obviously an offensive subject and what is right for one family is not necessarily what works for another and I just do not want to open that can of worms. It is also outdated given the outsourcing of our jobs and hiring of foreigners here in America, which is also a no-go subject.

So to wrap up my view, I would like to see a return to what used to work for us as opposed to continuing on the path our country is on right now.

I'm sure some find that dated and there is something to be said for the saying that you can not return to the way things used to be, because the times have changed. That does not mean that folks like myself do not pine for a revival of those times, namely pre-1950's America, but with some modern conveniences of course.

 

[hemet dennis]

Quote:

 

[Bluebonnet]

Dennis, you seem shocked by this fact.

People do not agree with one another. Never in the history of humanity has anyone unanimously agreed upon any given subject.

That is no excuse for our country being in the shape it is in right now.

Politicians just figured out they could make a lot of money by playing us against each other.

Eventually, I have faith that my generation will get off their collective backsides and do what needs to be done, out of necessity because that is the only way you are going to get them to do anything, even if that means we have to pick up the shattered mess of a country our parents and grandparents generations left us with and piece it back together as best we can or otherwise do what needs to be done in order to secure our prosperity for our own children.

No matter how this goes down, it is going to be me and my generation that foots the bill when the creditors come calling.

I do not hope that generations prior found it worth it, but that my generation finds the restoration of what the Founding Fathers intended for us to inherit a task worth undertaking and that like a phoenix, we will rise from the ashes of this crisis, reborn and rejuvenated with a vigor that will inspire generations to come. I truly hope we can weather the bad, dark times ahead and find it in ourselves to rise to the occasion and that in the depths of despair, march forward while exhibiting the qualities of innovation, creativity and iron will that made our ancestors famous and made our country the greatest on earth.

 

[rufus]

Dennis, yes countries can specify what currency their goods are sold in, but China makes everything now days. Right now, the dollar looks doomed and the renminbi looks to be the next reserve currency. The Chinese currency system is a somewhat complicated thing. It has always been an iffy thing. Provinces issued their own money, or their own variation of the same coin. The currency was always being debased, and the printing press made millionaires out of some people.

I have wads of old Chinese currency that my family hung on to. I doubt they will ever have any value.

Supposedly, the renminbi is going to eventually be backed by precious metals. That would make it the primo currency. Time will tell.

 

[newfoundland]

I too can see the advantages of life as it was lived before the 1950s KatherineM. One wage earner in the family, well able to support the others. Stay at home mums cooking nourishing food and supervising the children's homework. Families caring for their own elderly folk and communities supporting each other. But was it ever reality except maybe on Happy Days? Wasn't it affording modern appliances and the extra income necessary that finished the era of the 'stay at home mum'? And hasn't that same attitude of 'why shouldn't i have it all?' brought us to where we are today? To go backwards to a simpler life we would have to give up these luxuries, because it is a luxury to own a machine that washes the plates for example, or air conditioning, or central heating and make do with much less. Is everybody willing?

 

[rufus]

Did anyone else see anything in the news about this incident? I read on line news all day, and I never saw anything about this. Note that this is coming from "The Voice of America," the US government's mouth piece.

http://www.voanews.com/content/atta...ornia-power-station-raises-alarm/1846303.html

Now read the article. They say it could be anyone who did it. Trolls and fairies, but not radical Islamist. This is like trying to ignore a really bad smell in church. Everyone knows the cause, but no one is willing to even acknowledge the problem. CHANGE THAT BABY!

 

[Bluebonnet]

I too can see the advantages of life as it was lived before the 1950s KatherineM. One wage earner in the family, well able to support the others. Stay at home mums cooking nourishing food and supervising the children's homework. Families caring for their own elderly folk and communities supporting each other. But was it ever reality except maybe on Happy Days? Wasn't it affording modern appliances and the extra income necessary that finished the era of the 'stay at home mum'? And hasn't that same attitude of 'why shouldn't i have it all?' brought us to where we are today? To go backwards to a simpler life we would have to give up these luxuries, because it is a luxury to own a machine that washes the plates for example, or air conditioning, or central heating and make do with much less. Is everybody willing?

It is not a luxury life that I envy about Pre-1950's America, but the family cooperation.

No matter how bad folks had it, they not only toughed it out, but they cared for and helped their neighbors. It was a reality, at least for my family during that time period. My Great Grandmother was not just a mother at that time, married to a good man that brought home the bacon, but she got to do what she wanted to do in life as well, which was to help the needy and she not only did all of that excellently , but took in laundry and baking jobs and made extra money on the side and lived happily into her late 80's a loved and respected woman.

It might not be a matter of being willing to, we might very well have to do so out of necessity.

My idea of happiness and living a good life seems to be different from the rest of my generation. They want what they see online, but all I want is a good family life and lifestyle, which can not be achieved if both parents are having to work themselves into an early grave, the children being anything other than homeschooled or having to get into debt for college and our parents stuck in elderly homes because we did not make the time to take care of them, which is far more important than some high pressure career.

People make it sound like we have to give up dreams or goals to make this happen, but what greater goal is there in life than raising a cohesive family? Besides, if there is something you want to do in life, you should find a way to go into business for yourself, where the real money is, rather than living paycheck to paycheck for someone else's benefit.

No one can have everything, but with proper planning, you might very well be able to get closer than you would on the modern route.

 

[rufus]

Uh oh! The mattress is looking better every day. So it looks like the European Union wants to confiscate savings accounts and retirement funds to fund their favorite business venture. SOLYNDRA!

Can you imagine just how the government bureaucrats are going to invest these funds? Shades of the MyIRA. What a scam. Read it for yourself.

http://www.zerohedge.com/news/2014-...-savings-confiscation-enforced-redistribution

And worse, Germany is saving Greece again for the third time. God help us!