'fortunately' the current approach, off shoring US production,
and bloated goverment is collapsing the US tax base.. so the
mess will at least be addressed.
... ever so slowly the federal govt is instituting import
tarrifs to fund govt. tarrifs will drive the cost of imported
goods up. And make domestically produced goods and labor more
viable also... for about 6 months.
the down side of that is that Japan and China own trillions of
dollars of US debt and can call that in at any time....
bankrupting the US on the spot if it doesnt like paying the
tarrifs.
Beyond that are the macro economic issues...
.....a country that consumes but does not produce collapses.
The US is a massive net consumer of inported goods and is
hemoraging over a trillion dollars a year in money it doesnt
even have... it is selling its 'soul' for utterly bogus short
term profit.
. the chickens have *already come home to roost... soon there
will be more. With no way to reverse the trend.
I don't think it is reversible now actually.. we have already
decimated our replacment generation with high school drop out
rates near 40% on average.. and illiterate high school
graduates... and BSME's that that think water flows up hill.
then we trained and set up our completion in china to
under-cut what remains of US manufacturing in the world
markets.
For any idiots present, a 100% 'service economy' collapses
due to no actual wealth creates by actual goods production.
The 'service economy' crap was a sick joke... presented by
idiots in government. 100% bogus.
The US can no longer 'service' the rest of the world with
engineering and medicine either, since it has fallen behind in
both of those areas predominantly (but not yet in every single
case, just most cases).
Currently the US is 'servicing' the rest of the world with
cruize missiles, shock and awe ... and Dicky Cheeny's dick.
Thats not working either.
Solutions:
Repatriate all offshore production, suffer the consequences.
Tarrifs on imports. Cut the size of US govt by 80%.
Apologize to those nations we have hosed since descending from
our previous status as a decent and free nation in the world
war II era.
Spend the money saved on effective education and in funding
research.
Effective education is self driven, self paced and on line, no
time wasted in driving to school and sitting in classes that
move at the pace of the dimmest dimwit....
and accelerated by personnel departments that are looking for
actual capability....not 'when did you do ____ last'.. etc.
then disallowing you to get experience in areas you have not
already been proficient in... thats cultural and corporate
insantiy fronted by basket weaver graduates running HR
departments.
Will that happen? No.
Why not? Because Dicky Cheenie, GWB and the boyz have long
since moved their money to China..thats where the money is.
and because the civil servants, retired civil servants, and
their relatives and vested interests make up a near majority
of the electorate, which will vote the nation into the pits as
fully detailed and predicted for democracies by our founding
fathers....nearly 260 years ago on the money. (the life span
of most nations).
Our founding fathers stated explicity that democracies always
fail this way, and that they had given us a *republic (rule
by law not popular vote) "if you can keep it".
We have not kept it.
The US will now collapse from its preiminent peak as a world
power to a debtor state, subserviant to the interest of China
and India.....
Such collapse is comon to all pure democracies before us...
rule by the mass of idiots always fails.
Currently we still have shreds of our republic in tact, the
constitution enforced somewhat by the US supreme court.
However, with the rise of a bloated civil servant class we are
decimating whats left of that, with the homeland security act
etc.
Fortunately GWB has hosed us so throughly now that complete
disaster looms, the lies are obvious ... half of those jerks
would be felons if we could bring them to trial... the hyper
inflation card is being played covertly... its not working.
.... all those lies just in the last 2 months have turned the
neocon juggernaut, thought unstoppable earlier this year, to a
red faced disaster world wide.
...will the 'democrats' fix that? Nah....
the corrective measures at this point are too painful for any
democratically based political means to address, the debt and
debilitation is too far south for resurection...
... the mess will now go through the historically inevitable
and constantly repeating cycle... collapse, nasty times for
hundred or more years, then slow rise from the ashes of a
differnt sort of arrangement.
What can one do to mitigate the mess personally?... step out
of the line of fire.
Eat whats left of the sushi . Drink beer. Become ubber fit
and healthy, and skilled, have no debt and *minimal taxable
assets (those will be used as leverage to work you to death).
('pay or we will seize the assets'... is the snearing federal
and state agency mantra.)
Thats also standard, most people opt to work themselves to
death until the work runs out...then they starve. The state
knows this. Do youself a favor, do not engage in that cycle.
I recommend a lean, skilled and relaxed life style now and
study of this mess, so you will know which way to side step
the hose job to whatever degree possible.
ymmv
Phil Scott
Bobk207 - 29 Nov 2005 17:09 GMT
*minimal taxable assets"
Is not any asset within the reach of the govt?
cheers
Bob
Phil Scott - 29 Nov 2005 21:07 GMT
> *minimal taxable assets"
>
> Is not any asset within the reach of the govt?
correct.. its all in reach.
However, for the last few years, in attempts to intimidate
people the IRS was going out to seize a poor persons old car..
what they found was that the person could no longer get to
work so the withholding taxes stopped... the persons income
stopped so there was no sales tax income.... the person then
got sick and ended up on the govt dole or in prison at a cost
of 30k a year or more. The family went on welfare. The kids
in such straights did poorly in school.......... US business
whinned about the trained skills shortage... so moved
manufacturing abroad...... poooof went the rest of the tax
base.
accordingly this seizure thang is now mostly an empty threat
with a few glowing examples floated every once in a while to
keep the broader population scared to death.
A scared to death poplulation enervates itself, ceases
to be entrepeneurially productive, the looses its world
markets... that wipes out whats left of the tax base.
Accordingly new policy is in force..some anounced, some not
anounced. 'Do not seize property where the cost of seizure
is greater than what the property can be auctioned for'
(there is a lot of spin on that though).
The US is up against the wall on seizures. If too many homes
get reposessed or seized for taxes with work going offshore,
the bogus economy held afloat by bogus loans will crash
property values... as this property is then sold on the open
market at fire sale prices.
(the 'solution is more bogus e money from the fed, but such
always ruins a nation, its currency corrupted, its economy
follows... ours is 10 years down that path already.... the
collapsed tax base defunds govt... the nation looses is
ability to dominate in the world... it becomes a surf to other
nations, China and India will rule next.)
Crashed property values crashes the property tax... a point is
soon reached where the sale price of home is less than the
bank loan, so it too is not viable as seizable assets.
(it costs govt tens of thousands of dollars to seize a home
and sell it, did you know that? Who pays the jerks that do
this? We do...'we' are running out of money. The Jerks must
count their bullets now, go after the high rollers... the high
rollers have their assets protected by a wide range of
means...
.... accordingly the US middle class is the primary target,
but it is in fast decline. Not much blood left... no
taxes... so in Oakland and Richmond calif, the libraries and
parks and half the schools had to be shut down to pay police
and fire retirements (42% of the budgets in Novatto and San
Diego Calif...no figures on Oakland but the demographic are
even worse)
So there is a police shortage, no money after paying the
retirements of fix the potholes or chase criminals...
accordingly there are large sections of Richmond and Oakland
that the police will not enter, day or night. The state is
considering sending in the national guard. (which wont work
either)
So we are at the collapse threshold, with no retreat possible
due to the entrenched corruption and decayed situation. If
we want to ice that cake we will spend another 500 billion in
Iraq, and allow the current and ex US govt officials to keep
raiding HUD for what is now over 600,000 properties valued at
over a trillion dollars. These have the money now.
they do not want a 'solution'.
People with paid down homes are going to be the next big
targets of US and state govts that are going broke...
currently the solution is covert hyper inflation ( 15% now)..
that always ends in disaster as it drives off foreign
investment (off 80% since 1999 except for real estate)
The big picture is govt bloat greater than national net
production ...after the cost of living.... drives a nation
into bankrupcy... were are 15 years past that threshold today.
In desperation nations go after their own citizens... those
with marginal assets are not viable targets. Those with
viable assets will work themselves to death paying the tax
burden... the rich are exceptions.
the middle class in these cases drops to lower class
standards, the existing lower class become slum dwellers...
all of that is currently in place. It is the case. All
trends are going to the extremes.
Those are the end stage algorithms.
So what has the state of New Hamshire done? Added a 'view tax
factor" a wonderful view will 7x your property tax (form a
google news report last week)
Thats hot. The retiree living in one of those just has to
figure out how to get the extra 500 dollars a month from his
800 dollar a month income to cover it. I guess he can sell
the house. that will be interesting, with the property tax
now up by 450 dollars a month... I guess he can go out and get
a job for the IRS, stalking people living under bridges...
they *must have something.. after all, they are not starved
are they? Get the money is the mantra.
a mantra of complete idiots.
.
Phil Scott
> cheers
> Bob