In response to:

The Damn Will Break Soon

restoreliberty Wrote: Nov 09, 2012 2:17 AM
I spent the last four years paying off all my consumer debt, paying off my house and vehicles, I have transitioned my employees to new employers, and liquidated all my investment holdings. I can now live on less than 10k a year, pay no taxes, be exempt for buying health insurance and being taxed for not buying it and then only pick up insurance if and when it is an actual need. I can ride out four more years and let the parasites and illegals spend their ill gotten gains to keep the economy going. Basically, I've decided to stop feeding the beast.
karpe diem Wrote: Nov 09, 2012 12:17 PM
good for you, but not everyone can do this. i am a sitting duck to the tax man and i have no escape. california has a supermajority democrats so they can tax us to their hearts' content. no escape, not even in death.
E1776 Wrote: Nov 09, 2012 9:06 AM
That describes me, too, except I didn't have employees.
you've been served Wrote: Nov 09, 2012 7:11 AM
Excellent Restoreliberty. I support you in this endeavor and hope millions will join you and me in this offense against the new taker mentality federal government.
justme16 Wrote: Nov 09, 2012 6:43 AM
It is only a matter of time before that beast DEVOURS you. It matters little whether one is in debt or not. They will begin squeezing all of us to conform the masses into tidy and easily controlled population centers Most will go willingly as the cost of living, fuel, food, etc begins to soar...Centers have already been targeted. They are called green zones (green being the new RED for communism) Orlando Florida is a prime example ...Low income, income restricted apartment complexes everywhere (the new projects) and plans are on the board to create high rise communities coupled to retail stores so travel is not necessary and convenient. All connected to high speed rail and walla..the solution to the SIX, SEVEN maybe even $10 gas.
justme16 Wrote: Nov 09, 2012 6:46 AM
Remember what he said? "Energy prices will necessarily skyrocket"? The EPA is already poised to start crushing the coal industry. Pipe lines have been stopped, drilling slowed, and "alternative energy"? Give me a break. Solar and Wind can NEVER sustain this country. Compress and control....if you are outside those zones? You'll move out of necessity or you will be moved and controlled under the guise of CLIMATE change and the government confiscation of minimize the bogus CARBON FOOTPRINT scam (the world wide excuse for domination and control)
Timgabz Wrote: Nov 09, 2012 6:48 AM
I am wondering how they are even going to get this far. They are so over spent and have to cover current deficits and the massive S/S + Pension + other unfunded liabilities.

The stockmarket boomed under Obama because he curtailed most other avenues for interest and returns.
Timgabz Wrote: Nov 09, 2012 6:53 AM
I lived and worked under an over regulated, highly taxed socialist Zimbabwe. Money will find a ways of new levels. There were new laws passed daily and many fell by the wayside, but the govt couldn't kill the black market. Everyone was living duel lives with accounts in other countries and business trips. I am watching to see where the money flows.......
David70 Wrote: Nov 09, 2012 9:30 AM
UN Agenda 21.............ugly any way it's sliced.
SpaceVegetable Wrote: Nov 09, 2012 6:27 PM
"voila" not "walla"

Sorry, it's a pet peeve of mine. I agree with you, though, 100%.
Greg1084 Wrote: Nov 09, 2012 6:34 AM
It's nice that you are in a position to do that. I will be slowing down on the amount of work I do, but still have one more kid to get through college. As soon as he's settled, I think I'll bail. This will likely be an instance of early retirement being made possible by Obamacare, probably one of many, possibly millions. Sure, it will open up jobs for some younger people, but they will be helping to support those of us who have checked out early. Think of it as Cloward-Piven conservatism, a kind of going Galt on the dime of the government in order to drive the progressives out of business sooner.
justme16 Wrote: Nov 09, 2012 6:54 AM
What? Put your kids through college so they can take a number? Get in line? Join the union or NOT work? Drive a truck? Build a bridge? Pick up that shovel for the shovel ready infrastructure job? Live like a nomad moving from one project to another (all shades of FDR's works program)? Oh attention to what Van Jones is on video as saying. Move over..Do you really think those jobs will go first to you're kid? Or will they go to AFFIRMATIVE action candidates who will willingly line up for the new age communism that is being gradually implemented? Black, Hispanic, Affirmative action CARD CHECKED (listen to Trumpka) or YOU don't work. A degree only means one has paid their dues but that is only part of the entry criteria.
karpe diem Wrote: Nov 09, 2012 12:22 PM
the russians now have a good laugh at our expense. they got rid of their communism and have a capitalistic system with so many oligarchs it is not funny, and they buy expensive real estate in NY, but they are laughing at us. we switched places with them, voluntarily, we do not have a stalin, we did it to ourselves, well, 51% of them did it. we just have to ride it out and hope for a real hope and real change, which is what Romney offered but the idiots rejected.

For the market, Obama's re-election means relying on cheap money and overseas growth as the best underpinnings for higher stock prices.

Sure, the domestic economy is positioned to move higher, but I think it will stumble along, and in fact, could crash from political squabbling and doubling down on policies too harsh on success. Looking at the roots of the economy, small businesses and entrepreneurship, you see them drying up fast. People are not starting businesses, small businesses that are already going concerns can't raise money, and the damn will break soon releasing more rules and regulations and taxes.