tag:blogger.com,1999:blog-4382354455141747426.post6403492686929665675..comments2008-12-26T13:17:33.345-07:00Kevinhttp://www.blogger.com/profile/11467025984194022206noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4382354455141747426.post-28119941898318901022008-12-26T13:17:00.000-07:002008-12-26T13:17:00.000-07:00The problem with the U.S. economy is not that we produce junk. It's that we basically produce nothing. We just consume the products the rest of the world makes. And in trade we give them dollars, worthless IOU's. And it cannot last forever.<BR/><BR/>All the industry in this nation is drying up, outsourced overseas. Everything we use is made in China, or another country. We went from being the biggest creditor nation to the biggest debtor nation in the world. We went from a production based economy to a consumption based economy. And it's not viable. The policy of endless borrowing to consume cannot last. <BR/><BR/>America is not a capitalist nation. I repeat, America is not a capitalist nation. America is a fascist nation. It's corporatism, not capitalism that is the root of our problems.<BR/><BR/>The banksters run the country. And they're running into the ground, by design. We wouldn't be in a depression right now if it weren't for the Federal Reserve Bank. This depression is a consequence of bad monetary policy. Of reckless credit expansion from a fiat fractional reserve hoax.<BR/><BR/>Capitalism is the best viable system man can live under. Other utopian systems, which preach a classless and "fair" society always prove to be worse than the capitalist system they say they are saving you from.<BR/><BR/>Captialism coincides with free markets, with freedom of choice. It is the free market that brought to the masses the refrigerator, the airplane, the automobile. Anti-capitalist policies brought us bread lines and genocide.<BR/><BR/>Reminds me of a quote from Mises, "All the marvelous achievements of Western civilization are fruits grown on the tree of liberty."<BR/><BR/>As long as the unconstitutional group of private banks control our monetary system we are not in a capitalist society. We are slaves to the banksters.Andrewhttp://www.blogger.com/profile/01449053360356611563noreply@blogger.comtag:blogger.com,1999:blog-4382354455141747426.post-83306067381653395892008-12-21T01:15:00.000-07:002008-12-21T01:15:00.000-07:00Very true, but not 100% true. I don't think people would feel the need to buy price inflated merchandise like fruit roll ups or coca cola if it were not for advertising. What we need is some delicious localy produced staples, like bread, cheese, locally raised meat, and of course locally brewed malted grain beverages.Kevinhttp://www.blogger.com/profile/11467025984194022206noreply@blogger.comtag:blogger.com,1999:blog-4382354455141747426.post-13684629832659435182008-12-20T22:14:00.000-07:002008-12-20T22:14:00.000-07:00lol, not the case with my job :P<BR/>People always need to eat, that's better than the refrigerator in terms of sellability:<BR/>Hey you, yeah you...do you want to stay alive?<BR/>Well come on in and buy food!freakinwackohttp://www.blogger.com/profile/10020035226366099744noreply@blogger.com