U.S. Fiscal Meltdown in Spitting Distance: Laurence Kotlikoff

[Zundfolge]

While the dollar tanks, should I continue to think about the situation or act?

Think ... act ... it doesn't matter, its all too little too late.

Look folks, we're done, there is no solution to the coming financial problems (unless you have a time machine and can jump back to '63 and put LBJ in the back seat of that Lincoln at the last second ... among several hundred other adjustments across the 20th century).

I don't care if every member of congress were to magically turn into committed tea party members overnight or if we just appointed Dr. Thomas Sowell to king tomorrow things are just too far out of whack for anything other than a major correction to fix it.

Major correction will likely mean the end of capitalism in general (since we haven't really been using capitalism anyway ... we've lived under a growing system of quasi-fascism since WWI). It will mean the end of America as we know it, it will probably mean the end of liberty and the end of peace too. It may get bad enough that it will mean the end of life for billions.

We are good and truly fucked ... so if you don't mind I've given up enough nights sleep over this and I'm just going to worry about what caliber for deer hunting (even though I don't hunt), what color for a good CCW rig (I tend to prefer cordovan) and maybe what I'll have for dinner tonight (I'm thinking pasta).

There's nothing I (or anyone here) can do about the shit storm that's coming other than eat our CCW pieces.

[Guylee]

Think ... act ... it doesn't matter, its all too little too late.

Look folks, we're done, there is no solution to the coming financial problems (unless you have a time machine and can jump back to '63 and put LBJ in the back seat of that Lincoln at the last second ... among several hundred other adjustments across the 20th century).

I don't care if every member of congress were to magically turn into committed tea party members overnight or if we just appointed Dr. Thomas Sowell to king tomorrow things are just too far out of whack for anything other than a major correction to fix it.

Major correction will likely mean the end of capitalism in general (since we haven't really been using capitalism anyway ... we've lived under a growing system of quasi-fascism since WWI). It will mean the end of America as we know it, it will probably mean the end of liberty and the end of peace too. It may get bad enough that it will mean the end of life for billions.

We are good and truly fucked ... so if you don't mind I've given up enough nights sleep over this and I'm just going to worry about what caliber for deer hunting (even though I don't hunt), what color for a good CCW rig (I tend to prefer cordovan) and maybe what I'll have for dinner tonight (I'm thinking pasta).

There's nothing I (or anyone here) can do about the shit storm that's coming other than eat our CCW pieces.

Not gonna lie, that's the most sense anyone has made about the way the country is going in a long time.

[stevelkinevil]

Being a Libertarian (a dying or already dead bread). I must agree with Zundfolge, nothing to do but carry on and wait on the inevitable. Human societies never worry about the slow erosion of their personal liberties (always done in the name of safety for your own good) until its far to late to stem the tide. So in the meantime I will enjoy my sons, and my scotch and the few remaining quasi-freedoms I have left.

[Zundfolge]

Heh ... I don't know what depresses me more, my own position or the fact that nobody seems to disagree with me