Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Fiscally Conservative who wrote (207628)	6/20/2009 1:36:39 PM
From: Skeeter Bug	Respond to of 306849

>>You think the little in tax breaks that trickle down to the middle class are the Holy Grail? The child tax credit had more impact on families,a Republican conception and that is up for grabs. It has never been about the little guy. It has been about those who can more than afford that Mercedes in the driveway.<< agreed. i don't know how you would conclude i believe anything different. the pennies for the middle class is a ruse to get billions for the upper class. >>What is this about the average worker owing $600,000.00 ?<< take the current promised national obligations and divide by number of workers - $600k is the average debt per worker. >>Stope trying to monetize a burden that never translates into specifics.<< $600k is a specific average. i won't stop anything that is useful and the $600k figure is useful on many levels. first, it shows the magnitude of the problem in a way that is easily understood. second, it makes it clear the usa titanic has already struck the iceberg. >>The debt is carried by all and the rearrangements of capital debt expenditures by Uncle Sam leaves no doubt that history will never decifer exact dollar approximations for the average Joe. It has never happen nor will it ever happen.<< it can provide a snapshot for right now, though, and it is a quite useful snapshot. >>What we can expect is a inflationary environment that has always been nearer than far with a cause and effect relationship. It is not about finite accounting. It is about a fundamental relationship between the country,as a whole,and our economic varraints. The burden is always shared by all and inflation is the finite expectation.<< and the $600k figure also gives you a good idea of the inflationary magnitude - it will have to be HUGE because we are broke. >>If they are looting the treasury they do so with an expectation that they will not be effected.<< if? are you joking? you see trillions in losses being transferred to the tax payer and the only word you can come up with is "if?" >>What they are willing trying to do is create an inflationary environment. It will not be hyper inflation that some would have you believe. It will be a moderate inflationary village that will perform exactly the way it was designed. Payback is a bitch but the having the constructive design to control the debt obligations is far easier in a inflationary stance with fixed interest cap expenditures.<< the way fannie and freddie or the walls around new orleans worked as designed? the way we found wmd in iraq and the promised containment of sub prime mortgages and the soft landing of the economy? good luck betting with the thieves. they love you, though. they steal all your money, dump enormous amounts of debt on you and you tell others they are smart and have control over the economy. unbelievable.