50 Statistics About The U.S. Economy That Are Almost Too Crazy To Believe

reply to post by pivilu


There is one major problem with your plan. The top 1% are very happy with the system the way it is - and they are the ones that have control of our government.

There will be no voluntary reboot by the top 1%, I think the only way that ever happens is through civil war. Quite frankly if the top 1% want to kill the rest of the population they probably can. All they have to do is gather together in some underground bunkers and release a virus. All the shotguns and firearms in the world are useless against that kind of warfare.

Originally posted by 3210123

Originally posted by kozmo
There is nothing inherently wrong with having a monetary system that unifies the measure of said human capital, BUT it must be rooted in REAL value, like gold.

Nice try and exposure of the old system, but I'm afraid you're wrong.

Human capital must be rooted in TIME, not in any MATERIAL VALUE.


What does this mean that everyone here will ignore ?

Just that ONE HOUR IS ONE HOUR.

Be you a surgeon or a thief.




Think about it...
[edit on 4-6-2010 by 3210123]

The taco bell worker will not earn what the brain surgeon earns
for one VERY simple reason.

The surgeon would not pay for his expensive education to make
the same wage.

This has been played out before.

This communist tripe does not work, the skilled workers that shelled
out many thousands of dollars and years of hard work to do school
to make the same as the garbage collector.

It does not work.

There will always be different wages for different skill levels.

unskilled labor may pay the same, but engineers are not working
for 7-11 wages I promise you.

Originally posted by proximo
reply to post by belidged

 

You are wrong about point one. The banks cannot be bankrupted by withholding deposits when the Federal government will borrow and tax whatever is necessary to keep them afloat.

All the major banks and most of the smaller banks are already completely insolvent. They are just being allowed to hide it by the Feds mainly by being able to claim property values much higher than reality - because the Feds are praying if they ignore the problem long enough it will go away. This is of course BS. Until the Feds enforce the laws on the books, and let the debt default, the problem is only going to get worse.

If you really want to bring the banks down, and do your part to force a default of the excess debt the better solution is not to pay taxes.

Things are going to get much worse when the debt is defaulted - but it absolutely has to be no matter how painful. It will be horrible, but to have any chance of recovery it is required.

Defne horrible.

Government collapses. The Fed collapses and then...what?

Originally posted by proximo
reply to post by belidged

 

You are wrong about point one. The banks cannot be bankrupted by withholding deposits when the Federal government will borrow and tax whatever is necessary to keep them afloat.

All the major banks and most of the smaller banks are already completely insolvent. They are just being allowed to hide it by the Feds mainly by being able to claim property values much higher than reality - because the Feds are praying if they ignore the problem long enough it will go away. This is of course BS. Until the Feds enforce the laws on the books, and let the debt default, the problem is only going to get worse.

If you really want to bring the banks down, and do your part to force a default of the excess debt the better solution is not to pay taxes.

Things are going to get much worse when the debt is defaulted - but it absolutely has to be no matter how painful. It will be horrible, but to have any chance of recovery it is required.

Defne horrible.

Government collapses. The Fed collapses and then...what?

reply to post by RevolutionD


Because if they print more money, with out the value of the dollar being strong, that will cause inflation...and ultimately destroy the dollars value completely!

reply to post by samureyed


welcome to the club! Take a seat, or stand in line, this is gonna be a long ride!

reply to post by samureyed

Sorry dude, that stinks. My Wife is the Bread Winner in my household I have been laid off for about 6 months now. There is nothing out there. I am now a house wife. This is the big lie, there is no recovery.

Ladies and gentlemen, children of all ages....

I see a lot of debate over causes and economic theory. Fact of the matter is this... you better tighten your belt, find a solid moral/spiritual/ethical base, and if you still have grand parents or great grand parents or relatives or neighbors that lived through the Depression...talk to them. Extract every idea, fact, anecdote, story you can...you, me, we are gonna need them.

All the philosophy'n and high minded idealiz'n is over with. We are gonna have to figure out ways to feed yourself and your family, provide and create income, make something out of nothing, and really grow up very quickly.

You will learn to waste nothing...save shoe laces from shoes worn out, take the buttons off of worn out shirts and save them and use the old shirt for patches and rags, save mayonaisse jars for storage, take off everything useful before you trash a worn out lawn mower..ie wheels, spark plug, pull rope, cables, ....by the time this is over, you will be like your grand parents were.

Look to the survival threads and glean it for info...learn all of the old skills that were old fashioned.... canning, gardening, freezing, repairing things in a workshop or shed at night, rising with the sun...going to sleep with the dusk, sitting around and listening to the radio and talking.

Then one day, you can tell your grand kids..."I remember back in 2010..."

Originally posted by SurefireII
welcome to the club! Take a seat, or stand in line, this is gonna be a long ride!

Not really, this ride runs out of track, just ahead, and around the corner where a cliff will drop into an abyss.

Originally posted by Fractured.Facade

Originally posted by SurefireII
welcome to the club! Take a seat, or stand in line, this is gonna be a long ride!

Not really, this ride runs out of track, just ahead, and around the corner where a cliff will drop into an abyss.

Aint that the Damn truth!

Note to self: Never post on ATS looking for support.

Kidding, im not looking for support, just giving another example of the truth.

[edit on 4-6-2010 by samureyed]

reply to post by serbsta


Yes, there is a "reset button". Its called the NWO. I believe their agenda is to trash this economy, with Obama at the helm, so that they will have a reason to issue a new world currency. Thats just one theory anyway. I was one of those people that filed bankruptsy last year and my wife (her house when we married) was one of those people whose home was foreclosed this year.
Sorry to be such a pessimest, but it's all down hill from here.
Seeashrink

reply to post by samureyed


Sorry to hear that friend. Hang in there. I am the sole bread winner in my home and I am going to have to try and find a second job. I wish you the best.

Originally posted by serbsta

#9) In 1950, the ratio of the average executive's paycheck to the average worker's paycheck was about 30 to 1. Since the year 2000, that ratio has exploded to between 300 to 500 to one.

#8) Approximately 40% of all retail spending currently comes from the 20% of American households that have the highest incomes.

#7) According to economists Thomas Piketty and Emmanuel Saez, two-thirds of income increases in the U.S. between 2002 and 2007 went to the wealthiest 1% of all Americans.

#6) The bottom 40 percent of income earners in the United States now collectively own less than 1 percent of the nation’s wealth.

And people are still opposed to Socialism. Go figure...But then, I guess they don't know what it really means. They have been brainwashed well.

Real quick, Ive noticed a few have mentioned the NWO, interesting book that I read like a year ago, published back in the late 70's early 80's I believe, written by William Cooper, speaks of the NWO several times in the chapter titled silent groups for secret wars~

reply to post by SurefireII

was it Behold a Pale Horse? I haven't read that forever... He was wrong about a lot of stuff... The Driver doesn't turn around and shoot Kennedy. but It does look like he does.
I miss is short wave show...

Originally posted by samureyed

Originally posted by 30_seconds

There's a giant parasite feeding on the economy, which gains its power over the threat to kill the host if the host tries not to feed it.

This is probably the best allegory I've heard so far. Many people are suggesting rejecting the currency, but who's ready to give all that up? Moving from completely western, "civilized" society to living like natives? And, even if you succeed, the banks and governments are ready for this: they will assimilate you. Just like they did (and are doing now) with the indigenous people.

This is their world, their system. If we want out, we are going to have to fight for it 'till the last drop. But the prize is incredible.

The beast is out of the cage, so to speak. It was meant to happen.

reply to post by Tryptych


Not only that, but if we 'want out' it has to be a mass effort. Not a thousand people, not ten thousand, but hundreds of thousands of people, if not millions, need to act in unison in order to make a proper stand. That won't happen.