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Obama & Crew needs to watch this!
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Re: Obama & Crew needs to watch this!
Originally posted by Mega View Post
phillip a - Tuesday February 17, 2009 12:59PM EST
I completely agree with him i've been advocating this for years - I also we will begin to see global wages begin to even out in the next 5-10 years
Roger P - Tuesday February 17, 2009 01:05PM EST
I love these guys who show up late and tell us what we already know like it's news. I can picture this same guy talking in the same way about this new invention called the SUV.
thejen - Tuesday February 17, 2009 01:05PM EST
The American standard of living was unsustainable. This is a necessary change, just a bummer that it's happening to us instead of our children/grandchildren!
(special for Mega coming up)
Kelly P - Tuesday February 17, 2009 01:07PM EST
Didn't Peter Schiff say something like this 2 years ago?
conjonmaxwell - Tuesday February 17, 2009 01:07PM EST
With so many unemployed it is only a matter of time before we feel a complete change in standard of living across the board. Prepare to have your relatives ask to move in with you.
david w - Tuesday February 17, 2009 01:09PM EST
A few days ago I would say that this guy is way off base. Then today I saw someone stop their car to pick up a road kill rabbit. Last year dead deer would rot by the roadside, not any more.
yankeesrule - Tuesday February 17, 2009 01:10PM EST
Agree as well. Consumerism is over, people need to seperate necessity v. luxury. Luxury is a thing of the past.
etc.
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Re: Obama & Crew needs to watch this!
Once again the average American is made a scape goat. Since the entire money system is debt based is it any wonder why they are in debt? Most of this was created by tax policy that essentially forced people to buy homes as an inflation hedge. Most people thought this was saving. Who's fault is it that there is a mortgage interest deduction while a %3 savings account is taxable interest? Who's fault is it that their government made people run for the houses from inflation?
The banksters, their Washington puppets, and financial press mouth pieces are vermin.
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Re: Obama & Crew needs to watch this!
Originally posted by gwynedd1 View PostOnce again the average American is made a scape goat. Since the entire money system is debt based is it any wonder why they are in debt? Most of this was created by tax policy that essentially forced people to buy homes as an inflation hedge. Most people thought this was saving. Who's fault is it that there is a mortgage interest deduction while a %3 savings account is taxable interest? Who's fault is it that their government made people run for the houses from inflation?
The banksters, their Washington puppets, and financial press mouth pieces are vermin.
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