10The answer to our debt problem is staring at us from the sidebar.

Legalized hookers in high-heals! yea!

Posted by: sTevo at January 10, 2013 10:10 AM (/afpH)

Legalizing and taxing dope? We've got a multi-trillion dollar debt. That's a lot of dope. And pizza. Until now, I didn't realize Bob Dylan's, 'Everybody must get stoned' was a command.

>>Hey, did anyone else just see Pride walk through here?

I look good in these high heels, don't I?

And I'm completely steady.

Ish.

>>How would a person actually spend this coin and get change?

By next month, just try to buy a gun and ammo and you wouldn't get much change.

The problem the US, Europe, assorted banana republics in the past and Enron and a few other major companies have, is that they are trying to create the illusion of wealth and available money, without actually creating wealth by either resource extraction, manufacturing or some other wealth creating process.  The story of Enron, and the reason that the US and Europe do it is to maintain the floating welfare state crap game.

The US government has PURPOSELY chased manufacturing, mining, and other production or resource extraction out of the country, and I don't quite understand WHY, but it keeps on going apace.  The remaining manufacturing "value" is somewhat overstated by inflation.  This could REALLY collapse.

What will happen with this childish nonsense about a "trillion dollar coin", is that at some time in the future, the US Dollar will no longer be the reserve currency in the world.  I would bet that the Chinese will lead this effort to go away from the dollar - which is much more important to us than any military build-up China engages in.

When that day happens, our economy will start to go into free fall, and we will all be MUCH poorer, and inflation will take off to Wiemar proportions.  This day is coming, and doing something really stupid like this "trillion dollar" coin only accelerates the time when this day comes.

Posted by: John P. Squibob at January 10, 2013 10:15 AM (kqqGm)

Didn't we already try that selling of indulgences thing?  How did that work out?

Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at January 10, 2013 10:31 AM (5DR1j)

Fixed

Posted by: zmdavid at January 10, 2013 10:24 AM (AH6ig)

Trillion Dollar coin? We beat you to it!

Posted by: Empire of Jeff at January 10, 2013 10:34 AM (A+odv)

Gotcha.

Posted by: BSR: Live from Falls Church at January 10, 2013 10:33 AM (CBCxo)

Ten Zeros.

And I still maintain that this trillion dollar coin thing as a dodge to avoid the debt ceiling is illegal.
Posted by: Vic at January 10, 2013 10:05 AM (53z96)

Half the stuff the cockholster has done since he got into office is illegal.

Half the government (charitably) over the last century has been illegal.

Posted by: Polliwog the 'Ette, still a Hobbit at January 10, 2013 10:32 AM (wbeNt)

People talk all the time about the distinction between a "fiscal" conservative and a "social" conservative.  It is my belief that there are laws of social dynamics which are just as inviolable as are the laws of economics. 

People some how think you can ignore the social issues and have a working economic system. You. Can. Not.

Posted by: sven10077 at January 10, 2013 10:36 AM (LRFds)

I'm good to go on centerfire and shotgun ammo. down to 1000 rounds of .22 and feel naked...

He's still a loon, but it would be nice to hear Luap Nor go all crazy-talk about a trillion dollar coin and how much candy that could have bought him in 1914.

He was literally the only guy (running for POTUS) who actually wanted to stop this shit before it was too late.

You can tweek out about Iran all day long, but the increasingly obvious reality is our financial woes and the FSA represent a greater national security threat than Iran could ever hope to be.

Posted by: Hopeless at January 10, 2013 10:36 AM (APkRP)

And there will be an accounting for it. Just as the laws of economics are rigidly determined by nature, so are the consequences of violating natures social laws.

I see mass death a'commin.  I hope I can get me and mine out of the way.

Posted by: Entropy at January 10, 2013 10:37 AM (TULs6)

Yes, and it wasn't for benevolent reasons anyway. I am convinced that Lyndon Baines Johnson created the "Great Society" programs for one reason, and one reason only.  To try and capture the black vote newly franchised by the 24th amendment.  It was a very effective political tactic and one which has rewarded the Democrats heavily ever since.

Vote farming with government money may be deadly to the nation in the long run, but when your goal is to get into power in the here and now, it is a very effective tactic.

>>>Hey I once saw a guy pull a coin out of his ass

Which reminds me. They can use the coin I left atop my beer bottle in that skanky Phillipino titty bar

Posted by: Brother Cavil, High Priest of the Gods of the Copybook Headings at January 10, 2013 10:47 AM (GBXon)

I think we're in for Fall of Roman Empire type bad, not quite Book of Revelation type bad, but I could be wrong.

The US government has PURPOSELY chased manufacturing, mining, and other production or resource extraction out of the country, and I don't quite understand WHY, but it keeps on going apace.

There is only one reason: to weaken our  country.

Ignoring the  immutable   Laws of Economics,  like ignoring the Constitution, is done for one reason and one reason only.

Posted by: Entropy at January 10, 2013 10:43 AM (TULs6)

And how did we get here?  MEDIA MEDIA MEDIA MEDIA! 

I have long maintained that the Media have always been a greater threat to this nation than were Al Qaeda.  They are the people who keep getting Democrats elected.  It is long past the time we dealt with them as we would an enemy during a war.

All problems in society stem from a lack of virtue. And an entire half of our society hates virtue, and runs the schools.

Posted by: Hopeless at January 10, 2013 10:36 AM (APkRP)

Ah Ha another opportunity to repeat a Churchill quote.

" He has all of the virtues I dislike and none of the vices I admire"

Posted by: ontherocks at January 10, 2013 10:46 AM (aZ6ew)

I have seen it argued that Keyne's economic outlook is just an extension of his Homosexual mindset.  This is just a variation of "Party today, for we die tomorrow."

Posted by: Brother Cavil, High Priest of the Gods of the Copybook Headings at January 10, 2013 10:47 AM (GBXon)

I'm often dreading the notion that "Revelations" might be correct, and we are living it.

Posted by: Hopeless at January 10, 2013 10:49 AM (k80Ik)

Obama is just a symptom of a long occurring cultural rot.

Posted by: zmdavid at January 10, 2013 10:50 AM (AH6ig)

I think with the nature of the current occupants of the US portion of North America, when it breaks bad, the silly narcissism surrounding us will transform into the worst sort of malignant evil. 

When the Sandra Fluke "Whore of Babylon" types are celebrated by the populace,  it is likely going to be a "Revelation" style of collapse.

Posted by: Backwards Boy at January 10, 2013 10:50 AM (yiIja)

I disagree. As one of the corollaries to Murphy's law says:

"Never attribute to Malice what can be explained by stupidity." 

One day, as they squat hungrily around the cooking fires among the windblown ruins, American children will marvel at the story of the minting of this magical trillion-dollar platinum coin. Songs will be sung extolling its shiny magnificence. Whole generations will scavenge the wastelands looking for it. Mounds of discarded quarters and nickels and dimes and pennies will accumulate and rise over time to the size of high hills. Long, bloody tribal wars will be fought among those copper mounds over possession of those Franklin Mint commemorative coins once sold on late-night television, so big and bright and shiny they must be mystical cousin coins to the Mighty Magical Platinum Coin Of Power.

At some point, a very old and frail Paul Krugman will finally run out of food and entertainments and crawl from his Manhattan safe room and step out into this savage new world, whereupon he will be discovered by a wandering band of marauders, who will brutally use him like a woman and then offer up his scrawny carcass as a sacrifice to SMOD. Somewhere in the distance, a coyote howls.

Posted by: JohnJ at January 10, 2013 10:52 AM (Tt6ky)

You are correct, but we weren't founded as a Majoritarian system.  The 24th amendment, and the 26th amendment were the instruments by which we transformed from a "Non-Majoritarian" system into a defacto "Majoritarian" one.

I regard it as a axiom that no successful or functioning society can exist when the non-contributors have equal say with the contributors.  In Engineering this is known as a "negative feedback" system.  Disconnect that, and a motor runs away with itself until it explodes.

Posted by: sven10077 at January 10, 2013 10:53 AM (LRFds)

I advise you to form groups of interlocking self protection amongst your neighbors. I also advise you to move out into the countryside (away from large cities) if you are able to do so.

"At some point, a very old and frail Paul Krugman will finally run out of food and entertainments and crawl from his Manhattan safe room and step out into this savage new world, whereupon he will be discovered by a wandering band of marauders, who will brutally use him like a woman andthen offer up hisscrawny carcass as a sacrifice to SMOD. Somewhere in the distance, a coyote howls."

^^ Would make for a decent "post apocalyptic" flick.

172
Ignoring the immutable Laws of Economics, like ignoring the Constitution, is done for one reason and one reason only.


Posted by: Backwards Boy at January 10, 2013 10:50 AM (yiIja)

I disagree. As one of the corollaries to Murphy's law says:

"Never attribute to Malice what can be explained by stupidity."

Posted by: DiogenesLamp at January 10, 2013 11:02 AM (bb5+k)

--------------

But then stupidity is often used as a cloaking device for malice.

Or more precisely, feined stupidity.

"Oops, I did it again."

When supposedly smart people, keep doing stupid things...there reaches a point when one must ponder whether they are doing it on purpose...and for a reason.

Posted by: Cicero (@cicero) at January 10, 2013 10:57 AM (FITsd)

Excellent summation!  I have long been baffled as to why anyone shows these people the slightest degree of Respect. They should be called liars and fools at every single Media Opportunity, along with pointing out other examples in Human History where their ideas were tried and demonstrated to be utter horrors in practice.

I disagree. As one of the corollaries to Murphy's law says:

"Never attribute to Malice what can be explained by stupidity."

Except it's not really stupidity IMO. The original comment was that we've (well, not us, but those in power) are purposely chasing away sectors of the economy where the "old" laws of economics were most visible, like manufacturing.

On the  surface, it appears as a simple misstep.  BJ Cliton's justification for signing  NAFTA was to "move into a service-based economy." Sounded all innocuous at the time, the service sector was doing OK. However, what works well as a part of a larger economic structure (that is, interconnected with  other  true, wealth-generating sectors such as manufacturing) clearly cannot be the sole foundation of our economy. UE has creeped up steadily ever since  until we have now arrived at the "new normal" of suckitude.

Spiritually, we know that BJC isn't the best thing that's  ever happened to us,  just as TFG will eventually become known as our worst president (sad when we've had so many lately). He, along with his fellow travelers on the Left have a deep seated hatred for the institutions of America: what  appear to be simple missteps and mistakes are part of a larger  pathology.

Posted by: ontherocks at January 10, 2013 11:01 AM (aZ6ew)

Yup, John Maynard Keynes was a Homosexual.   While we're on the topic, the NAZI party started out as a Homosexual club, and many of the worst members of it were Homosexuals. (Butch Homosexuals. They HATED the Fem Homosexuals and reserved the worst kind of abuse for them.)

Google "The Pink Swastika" if you've never heard of this.  You might be shocked to learn how central of a role Homosexuality played in the Nazi movement.

Granted, the trillion dollar coin is a trick.  It tries to create money out of thin air and does nothing to solve the long term problems.

However, as conservatives, we shouldn't overlook unique solutions to the problems we face.  Sure, it would be nice if we could just buckle down and cut spending by 40%, keep taxes down and get the economy moving, but that's a little hard right now.

If we were advising a family that was hopelessly in debt, spending far more than they make each year and was facing a situation where their lifestyle will radically change if something isn't done, we might not suggest opening a new credit line.  Instead, we would look at the totality of their assets and suggest something different.

Perhaps we would recommend that this family sell their collection of antique cars or all of the art works collecting dust in the warehouse. 

In this same light, the U.S. could establish a quasi-governmental agency (ala Freddy Mac) that would "buy" and in time, sell certain assets of the country.  The money could be used now and repaid later without interest - it's all in the accounting.  The asset could be the 72 trillion in oil and gas on federal land in the upper midwest.

Just a thought.

Posted by: JohnJ at January 10, 2013 11:08 AM (Tt6ky)

It contributed to it, but if you look at Federal Deficits, they did not become this all encompassing mess until after the 1960s, when the "great society" programs had a chance to take effect.

In truth, it was a series of measures which led us into the Majoritarian wasteland.

Dwight:   WhÂ…donÂ’t you wanna earn Schrute Bucks?

Stanley:   No. In fact, IÂ’ll give you a billion Stanley Nickels if you never talk to me again.

Dwight:   WhatÂ’s the ratio of Stanley Nickels to Schrute Bucks?

Stanley:   The same as the ratio of unicorns to leprechauns.

And so ends the American Empire, not with a bang, but with an episode of The Office.

Posted by: wheatie at January 10, 2013 11:12 AM (fH4X9)

I would argue that we have actually witnessed a combination of both.  I find it unlikely that ALL Democrats since the 1960s (Pat Monihan?) were intent on destroying their nation. Many of them were just stupid.

Posted by: Polliwog the 'Ette, still a Hobbit at January 10, 2013 11:18 AM (wbeNt)

Yes I am, and yes she is. Me? Not so much. Has been a great disappointment. Would rather not talk about it.  Thanks for the compliment though.

Posted by: RoyalOil at January 10, 2013 11:24 AM (imtbm)

The "mandarin caste" members of both parties is convinced that if only the "right" (and smartest)  people can continue to run things for a few more decades, everything will work out fine.

Rational people know instinctively that shoe clerks selling sneakers made in Viet Nam to fry cooks at McDonalds who buy sneakers from shoe clerks is not the basis of a sound economy.

Correctamundo. Economics isn't rocket surgery. Wealth can be created. We were really good at it for a long time. 

What concerns me is that  the current gang of economic idiots in Washington are either ignoring or actively trying to defeat the basic foundations of capitalism. Where this notion of "zero sum" economics came from is a mystery to me. There. Is. No. Such. Thing.  However, leftards of all stripes will tell you that it does exist, with a straight face. Krugman is one of the worst. How that guy has any credibility is another mystery.

Posted by: RoyalOil at January 10, 2013 11:24 AM (imtbm)

I have come to believe this as well. The Tea Party represents a threat to these empowered Republicans who have a vested interest in this broken system.

It contributed to it, but if you look at Federal Deficits, they did not become this all encompassing mess until after the 1960s, when the "great society" programs had a chance to take effect.

That was also when we completely abandoned the gold standard.

Mitt Romney was the most fiscally conservative candidate Republicans have run since Goldwater.

Give me your guys number. I want some of that shit.

His comment was right on the money.

If you want to disagree with that one statement about MFM narrative, that's another story.

But that's not COMPLETE disagreement. His larger point is why the GOP is losing and not gaining.

They are not an opposition party as currently oriented.

Posted by: Entropy at January 10, 2013 11:34 AM (TULs6)

Posted by: Entropy at January 10, 2013 11:34 AM (TULs6)

Yes, and that was probably a substantial part of it as well. But you cannot deny that the Great Society did not metastasize into this horrible economic cancer that is causing most of our problems now.

If you carried the zero-sum economic theory to its conclusion, we should all still be living in caves, hunkered over our fires, foraging off the land, and polishing our clubs waiting for the next cave invasion!

Also, our  GDP would never grow. There would never be any bubbles to pop in the markets. Again, how this demonstrably false  notion has remained viable despite all the clearly visible evidence to the contrary befuddles me to no end.

And it's not a new problem. Ronaldus Magnus's famous  speech A Time for Choosing makes  reference to it.

If you want a fiscally conservative government, make fiscal conservatism popular.

Well, I doubt I'll make it "popular", but I will make it exist.

Yep. It could produce a spectacle public presentation on the steps of the Congress every single day to educate the American people on all sorts of issues. But it won't. Because  it's Stupid it's part and parcel of the elitist parasites ruling over us and thrives on that.

FIFY.

Just wanted some clarification, thanks.

.......and Hrothgar, absolutely agree. I go back aways.

Yes, but manufacturing jobs are icky.

Is is the F150 ad that has the line about if you have a job where you shower at the end of the day in it? I always ponder that I hear that and think, yeah, that's an actual job with actual work as opposed to what I do. Our Betters hear that and think how terrible it is that anyone would ever have a job that requires that, bless their hearts.

I've been there and done that. I'd come home sweaty, smelly, with cuts all over my hands, exhausted. First thing I'd do is grab a beer and head  to the shower. The Daughter of Satan wouldn't even give me a kiss until then.

Manufacturing is  dirty and   dangerous, there's no doubt. It ain't for the pussified amongst us. There aren't many who are cut out for it. I was. I enjoyed every day, and so did everyone else I worked with. And none of us begrudged  anyone who didn't do it. It was what it was and it was our role.

*sigh* I miss the good  old days...   .

Don't forget the ubiquitous riding crop.
Posted by: Oldsailors Poet, Author of Amy Lynn available on Amazon. http://tinyurl.com/ahc8poj at January 10, 2013 11:24 AM (l86i3)

Posted by: alexthechick - SMOD. Seriously, Sheldon/Penny to the end. at January 10, 2013 11:30 AM (VtjlW)

DAMMIT, Alex - why do you post these - !

*deep breath*

I mean. . .your kindness and beneficence to your unworthy subjects knows no bounds, Imperial One.

*looks around*  *heads for bunk*

Posted by: Oldsailors Poet, Author of Amy Lynn available on Amazon. http://tinyurl.com/ahc8poj at January 10, 2013 11:37 AM (l86i3)

Wilson, FDR, Johnson, Carter, Clinton and Obama.

To greater and lesser extents.

Wilson, FDR, Johnson, Carter, Clinton and Obama.

To greater and lesser extents.

You forget Lincoln, TR, Hoover, Nixon, Ford, Bush....

Ulysses Grant (R)may still edge out Obama as the most unabashedly corrupt administration ever.

Yeah, I'm not looking so bad now, am I, bitchez?

252 I guess no one liked the videos.

-------

Now, now. Don't get carried away. Can't watch videos at work, so I have to save them all up for when I get home.

Why do we need to mint a platinum coin and pretend it's worth a trillion bucks?  Does a thousand bucks worth of platinum make it more credible to pretend it's really a trillion bucks?  Does making it a coin make it more money-like and valuable? 

We could put anything in the gummint's piggy bank and call it a trillion bucks.  We could just write "A TRILLION BUCKS" on the back of an envelope and deposit it.  Or a big bowl of cole slaw, the Trillion Dollar Slaw.  We could deposit a trillion smacker bowling ball.  Or a pack of crackers, those orange kind everyone likes.  Or an old Parchesi game bought at a yard sale.

I mean, if we just pretend that we have a trillion bucks in the bank, why go through the trouble of making a coin?  Couldn't we just put a stick of gum or pack of smokes in the vault and call it a trillion?

Posted by: BackwardsBoy, who did not vote for this shit. at January 10, 2013 11:29 AM (yiIja)

Krugman and Geithner and the others are not 'economic idiots'. They know precisely what they're doing. The goal is to crash and discredit the capitalist system. Stephen Lerner, a former SEIU official, was forced to resign in November 2010 after he was recorded giving a supposedly closed university symposium lecture outlining a plan to disrupt the markets, destabilize the economy, and use the resultant disenchantment and civil disruptions to discredit capitalism and move the country to a more 'equatable' redistributionist model. His plan, such as it was, was all wishful thinking, unicorns and rainbows, and would never work. No, I don't think Lerner gave away their plans. He gave away their goals.

The biggest mistake the GOP has made and continues to make is believing President Obama and his cronies are somehow within the Democratic Party mainstream tradition. They are emphatically not. They are Marxist ideologues who hate, hate, hate this country's history, its Founders, its first principles. They view the United States as fundamentally flawed, historically a force for imperialism and aggression. They view us, those who oppose their views, we happy, bitterly clinging few, as enemies of the State, not as political opponents.

For them, the big trick is orchestrating an economic crash and getting away with it, so there needs to be a plausible scapegoat. Enter the hapless, clueless GOP, whose traditional Establishment leadership appears ready--nay, eager--to step into the first trap set on its path. Why? Because Republican elected officials--all of them--cannot allow themselves to see the truth or are afraid to exacerbate already heated domestic tensions. Besides, calling the President a Marxist socialist would mark GOP politicians as Alex Jones conspiracy types and further murder their credibility.

So how to stop the train? I honestly don't know. Breitbart's idea was to go over Obama's background and do the in-depth vetting the MSM wouldn't do and then publicize the findings. That's a good start, I suppose, but think it's too little, too late. We're running out of time.

"The very worst thing about this stupid platinum coin idea is that it's the most practical, results-oriented solution that has so far been suggested for our current problems."

DOOM! We embrace thee!