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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: ild who wrote (59887)4/30/2006 1:13:35 AM
From: shades  Read Replies (2) of 110194
 
Ild you like thinking out of the box and beyond borders no?

Now dialynas and trotsky are talking about japan like solutions - ZIRP being one - have you ever been to japan? Everything I have read on japan is they have a very cohesive monoculture - they dont have mexicans rioting in the streets do they? America is so much more DIVERSE than japan in politics and religions and races and roots eh? Look at how MAD you got at me for trying to pass judgements against your countrymen that you didn't agree with - multiply that anger by all the diversity in America - tensions and anger are certain - I am fairly pissed off about gender inequality in the legal system. I still think we will have a better go of it than the eastern europeans though - I think all that business over there is certain to blow up too. I dont expect CIA to kill certain state or county leaders with poison like was tried on yushencko.

I see so many local and state politicians starting to divide on key issues and this is filtering up to national politics - I think trotsky and dialnysis are wrong that we can implement a japan style solution - we don't have nearly the cohesion and unity they had from what I read. I read on slashdot about japanese pawn dealers selling used electronics - It will be very interesting to watch our multi racial multi cultural country try to implement reforms that were implemented on a mono culture mono racial group of people:

hardware.slashdot.org
The redneck pawn dealers I know would have a field day with this one law alone that was passed in Japan. This however would go a long way to closing the analog "hole" and make a digital police state far more powerful.

These reforms requiring implementation below - it will require an utter and total police state - I see no way around it but for hitler to come to power and bring all the crying babies of diversity onto one mother tit. The jews said dont forget and then want us to go kill lots of people - its all so crazy - hehe!

Message 20990628

DIALYNAS and the non-interference proposed by the Austrian school. the former will bring us Japan-like never-ending misery, while the latter would result in a lot of short term pain, but would bring the economy back on a solid footing in a much shorter time - and without the costs in terms of lost liberty that the interventionist agenda will incur.
we need a new breed of economists prepared to cast off the chains of state propaganda that bind the minds of the profession, and daring to think for themselves. we need a new vision in support of economic freedom. all the other roads will without a doubt lead to a long term disaster.

Message 21547527

1. Cut by 15% across the board all U.S. social spending programs.
2. Increase U.S. tax rates.
3. Increase incentives to save in U.S. - consumption taxes.
4. Devise capital controls such that capital cannot be exported out of the U.S.
5. Debt renegotiation/forgiveness by countries with cumulative high trade surplus with the U.S.
6. Change the Federal Reserve Bank objective function to include a constraint on the size of the trade deficit.
7. Prohibit sale of highly sensitive technology and defense to any and all foreign countries.
8. Revalue Chinese currency to U.S. dollar by 40 percent.
9. Targeted protective tariffs if needed.
10. Renegotiate WTO.
11. Prohibit the Fed from purchasing bonds from foreign holders of U.S. debt.

All of the above measures are of great and equal importance and need to be implemented as a package. Piecemeal implementation violates the requirement that all participants must contribute to the readjustment of the global economy.

Category I initiatives need to be followed by a second set of policy measures that we will call Category II. These initiatives are crucial to the long run political-economic stability of the U.S. economy.

1. Increase U.S. defense spending.
2. Develop incentive-based programs for youth, education and health. Take funds from programs for elderly.
3. Reduce minimum wage in U.S. by 50%.
4. Repeal regressive Prop 13 in California.
5. Tax prosperous countries that have benefited from prior IMF bailout recipient
6. Proceeds disbursed to IMF "equity" holders.
7. Tax holders of Iraqi debt for invasion "appreciation" and ultimate "occupation" appreciation value.
8. U.S. Treasury needs to extend average maturity of the debt issued.

Finally, a few additional measures are necessary to help safeguard U.S. national interests. These measures include:

1. Conflict of interest disclosure by any person providing policy advice.
2. Prohibit consulting contracts for any public official leaving office for two-year period.
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