.

If this stupid Gun Registration is miraculously passed into law, there is no way any Military Scale Back could ever happen .... the Military will have to be used to make unlawful raids on Private Citizens so as to confiscate their legally owned guns. And then to Police the Streets of the United States to enforce Marital Law sans Posse Comitatus via a Dead Constitution.

That's one down and out of Fiscal Worry ....

NEXT .....

.

(01-19-2009 01:29 PM)tigerjoe Wrote:  I am a fan of a Fair tax.

However, this Debt thing is so confusing - check out this 'opposing' view to the mainstream David Walker type view.

http://rodgermitchell.com/USNationalDebtArticle.htm

Because all money is debt, and a growing economy requires a growing supply of debt, this is what happens when debt is reduced:
1817-1821: U. S. Federal Debt reduced 29%. Depression began 1819.
1823-1836: U. S. Federal Debt reduced 99%. Depression began 1837.
1852-1857: U. S. Federal Debt reduced 59%. Depression began 1857.
1867-1873: U. S. Federal Debt reduced 27%. Depression began 1873.
1880-1893: U. S. Federal Debt reduced 57%. Depression began 1893.
1920-1930: U. S. Federal Debt reduced 36%. Depression began 1929.
1998-2001: U. S. Federal Debt reduced 9%. Recession began 2001

I hate stupid Keynesian supply siders. They all need to go to the Ludwig von Mises Institute and learn REAL economics. I notice he convienently left out that those debt reductions frequently coincide with the end of a major war where we drive debt through the roof .... or that debt increases due to massive government programs (LBJ ... SS ... Medicare ... etc) also coincided with depressions. I also notice how he TOTALLY IGNORES the fact that the US Federal Reserve is almost entirely responsibile for the housing boom and bust that lead us into our current recession.

Let me put it this way. Dave Walker is accompanied in the movie and on his fiscal wakeup tour by:
- The Heritage Foundation (conservative)
- The Brookings Institution (liberal)
- The Concord Coalition (non-partisan)
Ranking Dems and Republicans on the Senate and House budget committees agree with him. Even Fed chairman Ben Bernanke agrees with him.

I can find NOBODY of any merit that disagrees fundamentally with Dave Walker's analysis.

Let Peter Schiff learn ya a thing or two

(01-19-2009 03:24 PM)georgia_tech_swagger Wrote:  

Now that's more like "21 GRAMS" .....