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US economic collapse: Unlikely, but still very possible Archived From: Finance

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Darkrose50 said:I have some observations concerning the US economy.
1. Salesmen make a rather good living. We have advertisers, political action comities, and propaganda in abundance.
Yes and no. It's $30k to a few millions.2. People seem to like being told, and sold what to do with just about every aspect of there life.Okayy..3. The average American is in credit card debt some $9,000. Our national debt spread among Americans would add another $90,000 to the pile of debt.No body is an average XXX.4. We like spending more than we earn individually, and as a nation.Not us, buddy.5. Healthcare is rather expensive, and is part of the problem.There are some healthy debate on FWF, search.My thoughts
1. Look in the phone book for insurance salesmen. Drive about town, and look at all the insurance agencies everyplace. America sure does have a lot of insurance salesmen, and branch offices.
2. Can’t we cut the middle man out somehow? It seems the other first world countries have done so with a national healthcare system.
3. Would cutting out all the effort in getting our insurance business be a net benefit to the economy?
We have a lot of insurance because we have a lot of lawyers. Are you suggesting getting rid of the lawyers?


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Darkrose50 said:1. Look in the phone book for insurance salesmen. Drive about town, and look at all the insurance agencies everyplace. America sure does have a lot of insurance salesmen, and branch offices.
2. Can’t we cut the middle man out somehow? It seems the other first world countries have done so with a national healthcare system.
3. Would cutting out all the effort in getting our insurance business be a net benefit to the economy?
First of all, cutting out the insurance company is not feasible at this point in time without serious political and lobbying reforms.

As has been mentioned before, national healthcare works pretty well when the care required is cheap. However, a lot of care is expensive, since so much time and effort has been put into R&D of new drugs and medical devices. No one has figured out a way to deliver expensive healthcare, affordably, in an expedient manner to 300 million people without sacrificing the advancement of medical technology.


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I was trying to convey that we have an awful lot of insurance salesman, and branches. Would this not be cut down in state with national healthcare? Would it benefit the US economically?


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Darkrose50 said:I was trying to convey that we have an awful lot of insurance salesman, and branches. Would this not be cut down in state with national healthcare? Would it benefit the US economically?When services are moved from the private sector to the government, free market forces are taken out of the picture, and you invariably end up with higher overhead costs, lower quality of service, and more red tape.

The number of insurance salesmen and branch offices isn't necessarily a good indicator of how efficient and cost-effective an insurance company is.


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Darkrose50 said:I was trying to convey that we have an awful lot of insurance salesman, and branches. Would this not be cut down in state with national healthcare? Would it benefit the US economically?All those offices you are dealing mostly with Auto/Fire/Liability Insurance so I don't see how it has anything to do with national healthcare?


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lostdude said:Darkrose50 said:I was trying to convey that we have an awful lot of insurance salesman, and branches. Would this not be cut down in state with national healthcare? Would it benefit the US economically?All those offices you are dealing mostly with Auto/Fire/Liability Insurance so I don't see how it has anything to do with national healthcare?

the original post includes healthcare, taxes, the Iraq war, the running of the bulls, and a discussion of the tide tables


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germanpope said:the original post includes healthcare, taxes, the Iraq war, the running of the bulls, and a discussion of the tide tablesActually, if you read the original post, it mentions none of those things. There's one mention of a possible future war with Iran as examples of what could happen to "ruin the American economy", but the original post was reasonably fair, with the exception of the thread title.

Unfortunately OP's followup posts (and some replies) have descended into partisanism.


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Not my own opinion, but shamelessly ripped from here.

Today the empire of the Babylonian slave-drivers is under threat like never before. First of all, large masses of humanity freed themselves from a form of Masonic slavery known as Colonialism. These people then began to gain both economic and intellectual power. The biggest threat now is the rise of China and India.

The 10,000 illuminati are now outnumbered by the humans they want to enslave by a ratio of close to 700,000 to one. With non-controlled humanity gaining in economic, military and intellectual power, the illuminati feel extremely scared and vulnerable. Cultures not under direct illuminati control now account for 83% of the World's population and over 60% of its wealth.

To deal with this situation, David Rockefeller and the descendants of J.P. Morgan and Averil Harriman (including the Bush family) cooked up an incredibly horrendous scheme to slaughter billions of the world's free people and then take advantage of the trauma of slaughter to enslave the rest.

The plan calls for an artificial armagedon to be launched that would start with a never ending "war on terror," followed by plagues, famine and possibly even a fake, and very lethal, alien invasion fleet.

The plan was so evil that it provoked a split in the illuminati ranks. A rebel group, centered around Jay Rockefeller and most of the Rothschilds, tried to take power from David Rockefeller and his clique with a so-called war on Global Warming. The plan was to neutralize one of the David Rockefeller clique's main sources of power: their control over oil. The Rothschilds also refused to finance the war in Iraq. Since their headquarters are in Europe (the BIS) they decided instead to try to turn the EU into a Babylonian style world monarchy.

To finance David's insane campaign, the Japanese people have been forced to work harder for lower pay. To maximize tribute payments from the Japanese, David Rockefeller also forced the Japanese government to hand him control of their entire banking system. The Japanese government tried to refuse and were threatened into submission with a new array of high-tech weaponry, including, if you can believe this, a weapon that caused an earthquake in Niigata Japan.

However, despite Japanese money, the plan is coming apart at the seams and threatening to end the entire illuminati long-term campaign to enslave humanity. The war in Iraq turned into a disaster. People caught on that 911 was an inside job. Vladimir Putin kicked them out of Russia.

The David Rockefeller faction now only really control North America and England.

And now that the Chinese secret societies have found out about race-specific diseases being aimed at them, they will start assassinating the entire David Rockefeller faction unless this criminally insane plan is called off.

What the whole world really hopes for is that the American people will free themselves before this madness can proceed any further. All they would have to do is arrest about a dozen of the most senior members of the David Rockefeller faction, starting with the old man himself.

You tell me the benefit of a guess for 50 years down the road.


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delzy said:Not my own opinion, but shamelessly ripped from here.

Today the empire of the Babylonian slave-drivers is under threat like never before. First of all, large masses of humanity freed themselves from a form of Masonic slavery known as Colonialism. These people then began to gain both economic and intellectual power. The biggest threat now is the rise of China and India.

The 10,000 illuminati are now outnumbered by the humans they want to enslave by a ratio of close to 700,000 to one. With non-controlled humanity gaining in economic, military and intellectual power, the illuminati feel extremely scared and vulnerable. Cultures not under direct illuminati control now account for 83% of the World's population and over 60% of its wealth.

To deal with this situation, David Rockefeller and the descendants of J.P. Morgan and Averil Harriman (including the Bush family) cooked up an incredibly horrendous scheme to slaughter billions of the world's free people and then take advantage of the trauma of slaughter to enslave the rest.

The plan calls for an artificial armagedon to be launched that would start with a never ending "war on terror," followed by plagues, famine and possibly even a fake, and very lethal, alien invasion fleet.

The plan was so evil that it provoked a split in the illuminati ranks. A rebel group, centered around Jay Rockefeller and most of the Rothschilds, tried to take power from David Rockefeller and his clique with a so-called war on Global Warming. The plan was to neutralize one of the David Rockefeller clique's main sources of power: their control over oil. The Rothschilds also refused to finance the war in Iraq. Since their headquarters are in Europe (the BIS) they decided instead to try to turn the EU into a Babylonian style world monarchy.

To finance David's insane campaign, the Japanese people have been forced to work harder for lower pay. To maximize tribute payments from the Japanese, David Rockefeller also forced the Japanese government to hand him control of their entire banking system. The Japanese government tried to refuse and were threatened into submission with a new array of high-tech weaponry, including, if you can believe this, a weapon that caused an earthquake in Niigata Japan.

However, despite Japanese money, the plan is coming apart at the seams and threatening to end the entire illuminati long-term campaign to enslave humanity. The war in Iraq turned into a disaster. People caught on that 911 was an inside job. Vladimir Putin kicked them out of Russia.

The David Rockefeller faction now only really control North America and England.

And now that the Chinese secret societies have found out about race-specific diseases being aimed at them, they will start assassinating the entire David Rockefeller faction unless this criminally insane plan is called off.

What the whole world really hopes for is that the American people will free themselves before this madness can proceed any further. All they would have to do is arrest about a dozen of the most senior members of the David Rockefeller faction, starting with the old man himself.


You tell me the benefit of a guess for 50 years down the road.

What are those black helicopters circling around for? Are those jack boots I hear outside? Quick, hand me my tinfoil hat!

It certainly is possible that our economy might someday fall out of the throne. With that we might see a lowering of our standard of living. I think one could argue that that's already happened. We seem to have a higher standard of living than our parents did, but then not that many years ago households only needed one parent in the workforce.

But even if our economy isn't the alpha dog that doesn't mean that masses of Americans will be living in cardboard boxes. In every country there are those who do well. The trick is to make certain your family is amongst those that do well. That's still pretty easy to do in the USA, and probably will be even for our grandkids.


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>> Why not give the people with the wealth the ability to chose where their money goes? It's theirs, they earned it....

TheThinker wrote:

> They get to keep most of their money. But some of their money should be used to help
> our society out. Saying otherwise is selfish.

Exactly.
So what do you think the person making "$20 billion" is doing with his fortune?

The money like this isn't a bunch of bills and coins in one's drawer.
And only a small portion of it is usually spent on luxuries.
Most of the "$20 billion" is *invested*, thus likely creating a good deal of jobs.
A good amount of this money eventually ends up in pockets of those who are "working 3 jobs to make ends meet".

What you're proposing is to take half of the money from the economy, waste some on the bureaucracy, and put the rest back.
As a most likely result, those who work hard will start getting less, the money will get invested less wisely, and the government will grow bigger.

Please note, that it's not only about losing some money and efficiency, it's likely about losing some freedoms as well.
Unfortunately, those bureaucrats can't just take their paychecks, help out some poor folks out there, and go home.
First they'll make sure that their jobs are secure. And this is usually done via a "regulation" of this sort or another, by requiring more paperwork, licenses, permits and imposing more restrictions.

The bottom line: lets leave the money where they are. If somebody is smart enough to legally make (or preserve inherited) $20 billions, s/he is apparently the best person to *manage* the money.
And this way we won't get yet another control freak messing with our lives.


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I think something else those who would steal the money of a rich person is missing is that the person with $20 billion has either already had his pocket picked by the gov't in excess of 11 figures or has a significant tax liability included in their net worth (Bill Gates). It's very sad that people are so jeleous of those who are successful, and see nothing wrong stealing even more of their money, all the while couching it in totally false claims of being unselfish. I've noticed that when people talk about others being selfish, most of the time what they are really saying is 'why don't you quit being so selfish and think about what I want for a change'. But then I'd like it if people would quit being so selfish and give me all their money.


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MaxMojo said: Quick, hand me my tinfoil hat!
Tinfoil is what the Illuminati want you to use. Tinfoil actually amplifies the mind control rays.


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I have black helicopters hovering over my house twice a day, 5 days a week except holidays. The pattern is obvious. Of course my naive friends tell me it's because I live near a the intersection of two highly used commuter roads and that they're traffic helicopters reporting rush hour traffic. What kind of a fool do these people think I am?


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WalStMonky said:I have black helicopters hovering over my house twice a day, 5 days a week except holidays. The pattern is obvious. Of course my naive friends tell me it's because I live near a the intersection of two highly used commuter roads and that they're traffic helicopters reporting rush hour traffic.
Your friends are in the Illuminati, QED.


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ifyouhavetoask said:What do you expect them to say? The truth?

You, a regular citizen, can't handle answering a few simple questions, let alone attempt answering them truthfully, how can you expect others to be truthful?


Come on, you still need to explain how you are completely independent from everyone and you grow your own food and manufacture your own goods while mining your own natural resources.

Or since we know that's all bogus, just try providing a sense of logic to your assertion that we are facing having a 15+ year long depression that will have more than a quarter of the people unemployed and see millions dislocated in search of a job. You can't tell people "they are blind to truth" when you can't even show what that "truth" is to backup your claims. The collapse of housing market, educational loans and credit card default will lead to a depression greater than the Great Depression... please tell us how and why.


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TheThinker said:<some random stuff>

Anyone finds it exceptionally ironic that TheThinker is backing up ifyouhavetoask even though she explicitly disagrees with his topic headline?


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Politics makes strange bedfellows.


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RushnRockt said:Anyone finds it exceptionally ironic that TheThinker is backing up ifyouhavetoask even though she explicitly disagrees with his topic headline?Nope, they both think the rest of the FWF are "sheep" whatever that means. Both can spot "obvious" trends while we are oblivious. Both has a funky understanding of how basic economic incentive works.


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TheThinker said:They get to keep most of their money. But some of their money should be used to help our society out. Saying otherwise is selfish.

Actually, they get to contribute nearly a third of that money in taxes to "help society out" via taxes. Basically your arguement is: taxes need to be higher, we should extend the tax brackets up past 50%.


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lostdude said:RushnRockt said:Anyone finds it exceptionally ironic that TheThinker is backing up ifyouhavetoask even though she explicitly disagrees with his topic headline?Nope, they both think the rest of the FWF are "sheep" whatever that means. Both can spot "obvious" trends while we are oblivious. Both has a funky understanding of how basic economic incentive works.I call it ESEM Syndrome..."Everyone's stupid except me."

http://www.snpp.com/episodes/9F01.html


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