Attention Americans

**skelooth** · 12-21-2006, 05:11 PM

You are over 8 trillion in debt. Please make your way to the nearest mcdonalds job so that you can begin paying it off.

**Pioneer** · 12-21-2006, 05:29 PM

Attention Americans:

You are living in one of the strongest economies this country has ever had in its history, and also after having recovered from a recession. Please make your way over to the stock market, or go buy a house.

**Jayhawkk** · 12-21-2006, 05:37 PM

Attention charitable Americans: Please make your way to donating a large sum of money my way so I can buy a house and a McDonalds.

**A.FreeRadical** · 12-21-2006, 06:04 PM

Quote:

Originally Posted by Pioneer

Attention Americans:

You are living in one of the strongest economies this country has ever had in its history, and also after having recovered from a recession. Please make your way over to the stock market, or go buy a house.

The Dow has gone up 4% since 2000. That is less than 1% per year. The price of housing is dropping, but even at lower prices the cost of owning a home is still at historical highs. Fiscal and Trade deficits are huge. The wars in Iraq and Afghanistan have already cost (in adjusted dollars) more than the 15 year Vietnam war. This deficit is being paid for by printing dollars, not by raising taxes. Those chickens will come home to roost.

Just my 2 cents. (Which is now worth more than 2 cents due to the increased value of copper.)

EzyRyder · 12-21-2006, 06:14 PM

Attention Americans:

I'd rather live in the USA than any other country in the world. It's good to be an American.

Biggie · 12-21-2006, 06:18 PM

Attention Canada:

You're americas biotchhhhhhhh

**Grunt76** · 12-21-2006, 06:35 PM

Comparing the current stock market level to a previous high does distort the picture somewhat. If you were to compare current DOW index level (and the Dow is IMO a very poor indicator, but that's another story) to June 1997 levels (the middle of the '90's bull-market) then the picture is more honest.

Quote:

Originally Posted by A.FreeRadical

The Dow has gone up 4% since 2000. That is less than 1% per year. The price of housing is dropping, but even at lower prices the cost of owning a home is still at historical highs. Fiscal and Trade deficits are huge. The wars in Iraq and Afghanistan have already cost (in adjusted dollars) more than the 15 year Vietnam war. This deficit is being paid for by printing dollars, not by raising taxes. Those chickens will come home to roost.

Just my 2 cents. (Which is now worth more than 2 cents due to the increased value of copper.)

**Jayhawkk** · 12-21-2006, 06:43 PM

In these arguments, everyone can pull info for their sides indicating a poor or not so poor economy.

**Grunt76** · 12-21-2006, 07:19 PM

Quote:

Originally Posted by Jayhawkk

In these arguments, everyone can pull info for their sides indicating a poor or not so poor economy.

Yes but the difference is that I have a University degree in Economics.

DarkFalcon · 12-21-2006, 07:33 PM

Quote:

Originally Posted by skelooth

You are over 8 trillion in debt. Please make your way to the nearest mcdonalds job so that you can begin paying it off.

Problem with the US is you don't have a leader strong enough to make the changes needed to correct it and a people unwilling to make the sacrifices needed. US is #1 now but it won't be 20 years from now.

**Grunt76** · 12-21-2006, 07:43 PM

Quote:

Originally Posted by DarkFalcon

Problem with the US is you don't have a leader strong enough to make the changes needed to correct it and a people unwilling to make the sacrifices needed. US is #1 now but it won't be 20 years from now.

I totally agree. The USA is now where the Roman Empire was right before falling: riches and decadence made effort seem degrading. Not that Americans as a people are to blame except in their excessive trust of the political class, which is all to blame.

DarkFalcon · 12-21-2006, 07:52 PM

Quote:

Originally Posted by Grunt76

I totally agree. The USA is now where the Roman Empire was right before falling: riches and decadence made effort seem degrading. Not that Americans as a people are to blame except in their excessive trust of the political class, which is all to blame.

If they would use their wealth to truly produce an alternate energy source to oil they could become a net exporting country instead of losing close to 300 billion a year due to near total dependence on foreign oil.

**Grunt76** · 12-21-2006, 08:02 PM

Quote:

Originally Posted by DarkFalcon

If they would use their wealth to truly produce an alternate energy source to oil they could become a net exporting country instead of losing close to 300 billion a year due to near total dependence on foreign oil.

Yes but it is in the nature of power to drive the people with it to do EVERYTHING they can to preserve that power. Whether it is political or economic power, the result is the same: those who have it do everything they can to stifle anything that will challenge their position of power. That fact is the central pillar of all advanced economic discussion in universities.

So of course it isn't surprising that alternatives to the current ways which generate riches for the few are never seen. I'm sure some companies have said to people developing such alternatives something like "You know what, that stuff rocks bro, I'll give you some capital and some engineers to make it work." and eventually the startup gets swallowed by the big guy and of course the little guy signed a non-disclosure agreement, and his invention is now in the hands of his competitor. Endgame.

The final problem is that those with the capital to take revolutionary inventions to the market are those whom the revolutionary inventions challenge. Where do you go with that? Stagnating, that's where.

**Jayhawkk** · 12-21-2006, 08:11 PM

Quote:

Yes but the difference is that I have a University degree in Economics.

I mean that you will also find people with degrees/experience in economics who have a completely different view based off what they are willing to accept as evidence. Same thing with Global warming. I don't have a formal enough education to even argue the topic but I do follow along and look at the resources cited.

**Grunt76** · 12-21-2006, 08:21 PM

Quote:

Originally Posted by Jayhawkk

I mean that you will also find people with degrees/experience in economics who have a completely different view based off what they are willing to accept as evidence. Same thing with Global warming. I don't have a formal enough education to even argue the topic but I do follow along and look at the resources cited.

Very true bro, you don't need a degree in anything to understand provided your intellect is flexible and able enough.

Look, I even understand IGF-1! :p

Vegeto · 12-21-2006, 08:34 PM

Quote:

Originally Posted by Grunt76

except in their excessive trust of the political class

^This is the only part I disagree with. We had a major attempt at a revolution in the 60's which failed miserably. I think most people don't really trust the government, it's just that after the failed revolution, not too many people bother trying to salvage what potential this country has anymore. :peace: We all know our parents tried to change things, and we know how that ended up. Everything good they tried to do was transformed into something bad, or something profitable for the greedy. The people are in a state of moral apathy. There's no trust, but we have to play it like their is. We have no choice.

12-21-2006, 05:29 PM	#2
Pioneer Moderator Join Date: Jun 2005 Posts: 1,723 Recipes: 0 Rep Power: 73	Attention Americans: You are living in one of the strongest economies this country has ever had in its history, and also after having recovered from a recession. Please make your way over to the stock market, or go buy a house. __________________ "A Marine in battle fears disgracing himself by running. He fears not losing his life, but losing his honor. He may not be able to preserve his life, but he can always preserve his honor. That much is within his power... To fear disgrace but not death, to fear not duty but dereliction from duty -- this is courage." -FMFM 1-0 "Leading Marines" pg. 43 Drive on

12-21-2006, 05:37 PM	#3
Jayhawkk Nutraplanet Rep Join Date: Jun 2006 Posts: 1,106 Recipes: 0 Rep Power: 44	Attention charitable Americans: Please make your way to donating a large sum of money my way so I can buy a house and a McDonalds. __________________ Nutraplanet.com for all your supplement needs! ------------------------------ Hangin's too good for 'em! BURNIN'S too good for 'em! They should be ripped into itsy-bitsy little pieces and BURIED ALIVE!

12-21-2006, 06:18 PM	#6
Biggie Pro Stature Join Date: May 2006 Posts: 838 Recipes: 0 Rep Power: 130	Attention Canada: You're americas biotchhhhhhhh __________________

12-21-2006, 06:43 PM	#8
Jayhawkk Nutraplanet Rep Join Date: Jun 2006 Posts: 1,106 Recipes: 0 Rep Power: 44	In these arguments, everyone can pull info for their sides indicating a poor or not so poor economy. __________________ Nutraplanet.com for all your supplement needs! ------------------------------ Hangin's too good for 'em! BURNIN'S too good for 'em! They should be ripped into itsy-bitsy little pieces and BURIED ALIVE!

12-21-2006, 05:11 PM	#1
skelooth eh heh heh Join Date: Aug 2005 Location: Behind you Posts: 7,205 Recipes: 0 Rep Power: 158	Attention Americans You are over 8 trillion in debt. Please make your way to the nearest mcdonalds job so that you can begin paying it off. __________________ R I P

12-21-2006, 06:14 PM	#5
EzyRyder Pro Stature Join Date: Jul 2006 Posts: 743 Recipes: 0 Rep Power: 71	Attention Americans: I'd rather live in the USA than any other country in the world. It's good to be an American.

12-21-2006, 08:39 PM	#17
Grunt76 Going Pro BBer in '08-'09 Join Date: Oct 2005 Location: Montreal, Canada Posts: 1,289 Recipes: 0 Rep Power: 28