Home › Forums › Financial Markets/Economics › Economic Collapse 2011?
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CA renter.
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July 25, 2010 at 9:40 PM #583485July 25, 2010 at 10:08 PM #582459
beanmaestro
Participant[quote=GH]
I am not advocating 0% tax, since obviously we would quickly see anarchy. California raised sales tax and collects less income. Less products and cars are sold as a result, less income tax is collected and eventually more tax is collected on less sales resulting in a net loss.[/quote]Red herring. In a recession of this magnitude, a 1% tax rate change will vanish in the noise of other factors. The signal to noise ratio of this point is terrible.
July 25, 2010 at 10:08 PM #582551Participant[quote=GH]
I am not advocating 0% tax, since obviously we would quickly see anarchy. California raised sales tax and collects less income. Less products and cars are sold as a result, less income tax is collected and eventually more tax is collected on less sales resulting in a net loss.[/quote]Red herring. In a recession of this magnitude, a 1% tax rate change will vanish in the noise of other factors. The signal to noise ratio of this point is terrible.
July 25, 2010 at 10:08 PM #583085Participant[quote=GH]
I am not advocating 0% tax, since obviously we would quickly see anarchy. California raised sales tax and collects less income. Less products and cars are sold as a result, less income tax is collected and eventually more tax is collected on less sales resulting in a net loss.[/quote]Red herring. In a recession of this magnitude, a 1% tax rate change will vanish in the noise of other factors. The signal to noise ratio of this point is terrible.
July 25, 2010 at 10:08 PM #583191Participant[quote=GH]
I am not advocating 0% tax, since obviously we would quickly see anarchy. California raised sales tax and collects less income. Less products and cars are sold as a result, less income tax is collected and eventually more tax is collected on less sales resulting in a net loss.[/quote]Red herring. In a recession of this magnitude, a 1% tax rate change will vanish in the noise of other factors. The signal to noise ratio of this point is terrible.
July 25, 2010 at 10:08 PM #583495Participant[quote=GH]
I am not advocating 0% tax, since obviously we would quickly see anarchy. California raised sales tax and collects less income. Less products and cars are sold as a result, less income tax is collected and eventually more tax is collected on less sales resulting in a net loss.[/quote]Red herring. In a recession of this magnitude, a 1% tax rate change will vanish in the noise of other factors. The signal to noise ratio of this point is terrible.
April 16, 2011 at 12:26 PM #687260Anonymous
GuestALL THIS
bla bla bla bla bla bla from the AMNESIA STRICKENI laugh
laughing at the country who murdered the natives, commandeered the territory, enslaved and sadistically tortured and murdered African people and continued to skirt the horrible, accountability of that diabolical, color-coded psychopathic legacy then conveniently tells the progeny of those people, who still by and large suffer from institutional racism and white privilege malfeasance, to just “get over it”. And all this coming to a head now with the very obvious criminal minority who managed to be clever enough to consolidate their powers into the perilous corporate culprit behemoths that now tower over everything….and now these heathens wonders why everything is so f—-d up ???
HA HA HA HA HA HEE HEE HEE
my side is splitting, stop it ya’ll !!
HA HA HA HA HA (snort snort)
April 16, 2011 at 12:26 PM #687316GuestALL THIS
bla bla bla bla bla bla from the AMNESIA STRICKENI laugh
laughing at the country who murdered the natives, commandeered the territory, enslaved and sadistically tortured and murdered African people and continued to skirt the horrible, accountability of that diabolical, color-coded psychopathic legacy then conveniently tells the progeny of those people, who still by and large suffer from institutional racism and white privilege malfeasance, to just “get over it”. And all this coming to a head now with the very obvious criminal minority who managed to be clever enough to consolidate their powers into the perilous corporate culprit behemoths that now tower over everything….and now these heathens wonders why everything is so f—-d up ???
HA HA HA HA HA HEE HEE HEE
my side is splitting, stop it ya’ll !!
HA HA HA HA HA (snort snort)
April 16, 2011 at 12:26 PM #687934GuestALL THIS
bla bla bla bla bla bla from the AMNESIA STRICKENI laugh
laughing at the country who murdered the natives, commandeered the territory, enslaved and sadistically tortured and murdered African people and continued to skirt the horrible, accountability of that diabolical, color-coded psychopathic legacy then conveniently tells the progeny of those people, who still by and large suffer from institutional racism and white privilege malfeasance, to just “get over it”. And all this coming to a head now with the very obvious criminal minority who managed to be clever enough to consolidate their powers into the perilous corporate culprit behemoths that now tower over everything….and now these heathens wonders why everything is so f—-d up ???
HA HA HA HA HA HEE HEE HEE
my side is splitting, stop it ya’ll !!
HA HA HA HA HA (snort snort)
April 16, 2011 at 12:26 PM #688076GuestALL THIS
bla bla bla bla bla bla from the AMNESIA STRICKENI laugh
laughing at the country who murdered the natives, commandeered the territory, enslaved and sadistically tortured and murdered African people and continued to skirt the horrible, accountability of that diabolical, color-coded psychopathic legacy then conveniently tells the progeny of those people, who still by and large suffer from institutional racism and white privilege malfeasance, to just “get over it”. And all this coming to a head now with the very obvious criminal minority who managed to be clever enough to consolidate their powers into the perilous corporate culprit behemoths that now tower over everything….and now these heathens wonders why everything is so f—-d up ???
HA HA HA HA HA HEE HEE HEE
my side is splitting, stop it ya’ll !!
HA HA HA HA HA (snort snort)
April 16, 2011 at 12:26 PM #688426GuestALL THIS
bla bla bla bla bla bla from the AMNESIA STRICKENI laugh
laughing at the country who murdered the natives, commandeered the territory, enslaved and sadistically tortured and murdered African people and continued to skirt the horrible, accountability of that diabolical, color-coded psychopathic legacy then conveniently tells the progeny of those people, who still by and large suffer from institutional racism and white privilege malfeasance, to just “get over it”. And all this coming to a head now with the very obvious criminal minority who managed to be clever enough to consolidate their powers into the perilous corporate culprit behemoths that now tower over everything….and now these heathens wonders why everything is so f—-d up ???
HA HA HA HA HA HEE HEE HEE
my side is splitting, stop it ya’ll !!
HA HA HA HA HA (snort snort)
April 17, 2011 at 8:36 PM #687404CricketOnTheHearth
ParticipantWhat shape is the elephant?
Is it shaped like a wall or like a fan?
Yes.Those who argue “the government provides essential services such as law enforcement, roads, street lights and food safety regulations” describe one aspect of government– in fact, about 10% (max) of the current Federal government spending.
Those who argue “the government takes your money and funnels it into a vast ‘entitlement’ structure, as though they know better than you what to do with it”, describe another part of government, namely the 3rd Rail: Social Security, Medicare, and the Military.
These take > 3/4 of federal government spending. Try to cut any one of them and you get:
“You are trying to throw Grandma on the street/force her to live on cat food!!”
“You are trying to cut the poor off from all medical care and cause them to die miserably of preventable diseases, when they are not spreading said diseases to all the rest of us!”
“You are trying to leave us all wide open to Al Qaeda!”I favor good roads, fair policing, clean safe food, decent lives for grandmas, access to basic health care for the poor, and keeping the terrorist wolves from our door. However, with a current deficit that is some 10% of the overall federal budget, something’s gotta give.
No, I don’t have an answer. Maybe grandma has to live with Po’boy in a nonprofit commune with nonprofit “barefoot doctor” health care, and maybe we have to pull our troops out of most of the countries we are in, put 15% of our military on patrol at the borders and set the rest of them to work building the communes and administering the health care. Heck, if they build their own housing and live in it for free, the gov’t sure doesn’t have to pay them much.
I think it more likely that if everything does hit the fan and break down, people will re-form up pretty quickly into new organizations to ensure the public safety, police food, maintain the roads, etc. Mad Max would not remain employed for long; people just would not stand for such an existence. Vigilante committees would form up quickly to stand against the gangs; the gang-bangers might rule over some enclaves but others would be armed fortresses where they dared not tresspass. The gangsters’ main problem might become trying to keep the people in their “turfs” from migrating over to the fortresses… hmmm… the word “Mexico” comes to mind.
We (the U.S.) would undoubtedly fracture into a number of nations, each with a somewhat different way of running things, and then a number of decades or centuries of jockeying amongst them to reach some sort of semi-steady-state. Or not steady… maybe like Europe for most of its history.
Oh, and rhedda– what you describe for the ‘browns’, women have lived it for over 2,000 years– and still live it in most of the world. How do you treat your sisters? J/C.
April 17, 2011 at 8:36 PM #687461ParticipantWhat shape is the elephant?
Is it shaped like a wall or like a fan?
Yes.Those who argue “the government provides essential services such as law enforcement, roads, street lights and food safety regulations” describe one aspect of government– in fact, about 10% (max) of the current Federal government spending.
Those who argue “the government takes your money and funnels it into a vast ‘entitlement’ structure, as though they know better than you what to do with it”, describe another part of government, namely the 3rd Rail: Social Security, Medicare, and the Military.
These take > 3/4 of federal government spending. Try to cut any one of them and you get:
“You are trying to throw Grandma on the street/force her to live on cat food!!”
“You are trying to cut the poor off from all medical care and cause them to die miserably of preventable diseases, when they are not spreading said diseases to all the rest of us!”
“You are trying to leave us all wide open to Al Qaeda!”I favor good roads, fair policing, clean safe food, decent lives for grandmas, access to basic health care for the poor, and keeping the terrorist wolves from our door. However, with a current deficit that is some 10% of the overall federal budget, something’s gotta give.
No, I don’t have an answer. Maybe grandma has to live with Po’boy in a nonprofit commune with nonprofit “barefoot doctor” health care, and maybe we have to pull our troops out of most of the countries we are in, put 15% of our military on patrol at the borders and set the rest of them to work building the communes and administering the health care. Heck, if they build their own housing and live in it for free, the gov’t sure doesn’t have to pay them much.
I think it more likely that if everything does hit the fan and break down, people will re-form up pretty quickly into new organizations to ensure the public safety, police food, maintain the roads, etc. Mad Max would not remain employed for long; people just would not stand for such an existence. Vigilante committees would form up quickly to stand against the gangs; the gang-bangers might rule over some enclaves but others would be armed fortresses where they dared not tresspass. The gangsters’ main problem might become trying to keep the people in their “turfs” from migrating over to the fortresses… hmmm… the word “Mexico” comes to mind.
We (the U.S.) would undoubtedly fracture into a number of nations, each with a somewhat different way of running things, and then a number of decades or centuries of jockeying amongst them to reach some sort of semi-steady-state. Or not steady… maybe like Europe for most of its history.
Oh, and rhedda– what you describe for the ‘browns’, women have lived it for over 2,000 years– and still live it in most of the world. How do you treat your sisters? J/C.
April 17, 2011 at 8:36 PM #688078ParticipantWhat shape is the elephant?
Is it shaped like a wall or like a fan?
Yes.Those who argue “the government provides essential services such as law enforcement, roads, street lights and food safety regulations” describe one aspect of government– in fact, about 10% (max) of the current Federal government spending.
Those who argue “the government takes your money and funnels it into a vast ‘entitlement’ structure, as though they know better than you what to do with it”, describe another part of government, namely the 3rd Rail: Social Security, Medicare, and the Military.
These take > 3/4 of federal government spending. Try to cut any one of them and you get:
“You are trying to throw Grandma on the street/force her to live on cat food!!”
“You are trying to cut the poor off from all medical care and cause them to die miserably of preventable diseases, when they are not spreading said diseases to all the rest of us!”
“You are trying to leave us all wide open to Al Qaeda!”I favor good roads, fair policing, clean safe food, decent lives for grandmas, access to basic health care for the poor, and keeping the terrorist wolves from our door. However, with a current deficit that is some 10% of the overall federal budget, something’s gotta give.
No, I don’t have an answer. Maybe grandma has to live with Po’boy in a nonprofit commune with nonprofit “barefoot doctor” health care, and maybe we have to pull our troops out of most of the countries we are in, put 15% of our military on patrol at the borders and set the rest of them to work building the communes and administering the health care. Heck, if they build their own housing and live in it for free, the gov’t sure doesn’t have to pay them much.
I think it more likely that if everything does hit the fan and break down, people will re-form up pretty quickly into new organizations to ensure the public safety, police food, maintain the roads, etc. Mad Max would not remain employed for long; people just would not stand for such an existence. Vigilante committees would form up quickly to stand against the gangs; the gang-bangers might rule over some enclaves but others would be armed fortresses where they dared not tresspass. The gangsters’ main problem might become trying to keep the people in their “turfs” from migrating over to the fortresses… hmmm… the word “Mexico” comes to mind.
We (the U.S.) would undoubtedly fracture into a number of nations, each with a somewhat different way of running things, and then a number of decades or centuries of jockeying amongst them to reach some sort of semi-steady-state. Or not steady… maybe like Europe for most of its history.
Oh, and rhedda– what you describe for the ‘browns’, women have lived it for over 2,000 years– and still live it in most of the world. How do you treat your sisters? J/C.
April 17, 2011 at 8:36 PM #688220ParticipantWhat shape is the elephant?
Is it shaped like a wall or like a fan?
Yes.Those who argue “the government provides essential services such as law enforcement, roads, street lights and food safety regulations” describe one aspect of government– in fact, about 10% (max) of the current Federal government spending.
Those who argue “the government takes your money and funnels it into a vast ‘entitlement’ structure, as though they know better than you what to do with it”, describe another part of government, namely the 3rd Rail: Social Security, Medicare, and the Military.
These take > 3/4 of federal government spending. Try to cut any one of them and you get:
“You are trying to throw Grandma on the street/force her to live on cat food!!”
“You are trying to cut the poor off from all medical care and cause them to die miserably of preventable diseases, when they are not spreading said diseases to all the rest of us!”
“You are trying to leave us all wide open to Al Qaeda!”I favor good roads, fair policing, clean safe food, decent lives for grandmas, access to basic health care for the poor, and keeping the terrorist wolves from our door. However, with a current deficit that is some 10% of the overall federal budget, something’s gotta give.
No, I don’t have an answer. Maybe grandma has to live with Po’boy in a nonprofit commune with nonprofit “barefoot doctor” health care, and maybe we have to pull our troops out of most of the countries we are in, put 15% of our military on patrol at the borders and set the rest of them to work building the communes and administering the health care. Heck, if they build their own housing and live in it for free, the gov’t sure doesn’t have to pay them much.
I think it more likely that if everything does hit the fan and break down, people will re-form up pretty quickly into new organizations to ensure the public safety, police food, maintain the roads, etc. Mad Max would not remain employed for long; people just would not stand for such an existence. Vigilante committees would form up quickly to stand against the gangs; the gang-bangers might rule over some enclaves but others would be armed fortresses where they dared not tresspass. The gangsters’ main problem might become trying to keep the people in their “turfs” from migrating over to the fortresses… hmmm… the word “Mexico” comes to mind.
We (the U.S.) would undoubtedly fracture into a number of nations, each with a somewhat different way of running things, and then a number of decades or centuries of jockeying amongst them to reach some sort of semi-steady-state. Or not steady… maybe like Europe for most of its history.
Oh, and rhedda– what you describe for the ‘browns’, women have lived it for over 2,000 years– and still live it in most of the world. How do you treat your sisters? J/C.
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