Economists Warn Another Financial Crisis on the Way
Submitted by dexterszyd on Tue, 03/02/2010 - 20:12
Are you prepared?
YOU BETTER BE!
Even as many Americans still struggle to recover from the country's worst economic downturn since the Great Depression, another crisis – one that will be even worse than the current one – is looming, according to a new report from a group of leading economists, financiers, and former federal regulators.
http://abcnews.go.com/Business/economists-warn-financial-us-...
Not To Self Promote, but it is Appropriate for this Thread
But this falls in line with an article that was just published on Nolan Chart by me - http://www.nolanchart.com/article7437.html
The paper mache confetti fiat money jig is up. Just like Wile E Coyote, as Peter Schiff would say, many of us have yet to look down. Once the masses look down and realize there is nothing but air inbetween their life earning and the dark abyss, the true fall will commence.
VOTE THEM ALL OUT
and take away the Congress Health care and Pensions.
Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.
The solution is so simple yet
The solution is so simple yet it would be impossible to execute it.
Put a 1 year moratorium on all taxes. Federal income, local property and business taxes.
Even just a moratorium on the personal income tax (except for politicians) would launch a recovery like we've never seen or can imagine.
Its impossible because the people who could make it happen have a conflict of interest.
They are too well paid and coddled. They are the back-stabbers we sent to Congress and the Senate.
Our financial problems would go away overnight. Businesses would boom and real estate would stabilze quickley.
But it wouldn't put anymore money in the pockets of politicians.
"GINO" = Government In Name Only
I like the way you think.
It's so sad that the chance of this happening is so unlikely.
Some
good advice...
Now if we could get it to ballot, ha...
It's amazing how far We the Tax Revolters have let things go...
My Christian/Political Blog:
We the Serfs! Blog
I don't agree with your longterm thoughts.
That being said, short term you are absolutely 100% correct in your ~fix.~
You are also 100% correct in the chances of that happening, and why.
~Live life to its fullest, with an open heart, open arms and most important... an open mind~