Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

If you're lucky enough to have some, don't sell your gold or silver

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU
 
No Mandate Here. Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-26-04 09:07 AM
Original message
If you're lucky enough to have some, don't sell your gold or silver
I just had a discussion about this, and a flash bulb went off.

I have been forming a theory that * and the corporatists want to form a two tiered society with no middle class- essentially back to a serf and vassal system, with people so busy surviving that they have no energy left for protesting.

Almost every action this government has taken the past four years has indicated this direction, and the pace is assuredly accelerating since the election. To wit, in no particular order (and certainly not a complete list)...

Pell grants, which help middle class college students, are being dropped. This will reserve higher education for the wealthy.

You get a tax credit for buying a huge vehicle with horrible gas mileage, but not for prolonging the environment.

The continued top end tax cuts.

Dropping the corporate tax incentive for offering health care benefits.

Supporting the outsourcing of good jobs through offshore tax havens.

So, although I am not an economist, here is the gist of the discussion this morning...

With the current free fall of the dollar, and the run up of gold and silver, who could be buying at these prices? If I sell my gold, I might make a profit, but is it possible that there are that many people gambling that the price will go up even higher? I sort of doubt it, and feel that it must be the corporatist party. They want all of it so they have control when the rest of the economy is in the tank. Basic wealth has always been land and precious metals. Newer wealth has been information and knowledge.

They want us all to go back to the middle ages. They don't want to share the wealth.
Printer Friendly | Permalink |  | Top
aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-26-04 09:48 AM
Response to Original message
1. Yeah, they do.
Thing is, the rest of the world isn't with them. Bush has left a huge power vacuum and other nations are rushing to fill it, making new economic and defense agreements that don't include us.

The Middle Ages worked because everybody was in it. The Roman Empire worked because it had the best army going. The British Empire because they had army and sea power. Do you see where I'm going? We don't have ANY of that. Our military is WRECKAGE.

None of the Republican dream fantasy economic models will hold up. During the Gilded Age, people amassed great wealth with the aid of a corrupt Congress because people would work at any job... and because people kept coming because there WERE jobs. We have no jobs. So we will have a bankrupt society full of people either starving or being state supported while doing nothing.

And did I mention they have guns?

Gonna be fun.
Printer Friendly | Permalink |  | Top
 
No Mandate Here. Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-27-04 06:55 AM
Response to Reply #1
3. Yeah. thanks to the NRA's sacred second,
a lot of others, do as well.

I wish I shared your enthusiasm (?)
Printer Friendly | Permalink |  | Top
 
Bhaisahab Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-26-04 09:55 AM
Response to Original message
2. You're spot on n/t
Printer Friendly | Permalink |  | Top
 
Junkdrawer Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-27-04 07:30 AM
Response to Original message
4. "They" see America in two ways:
1.) A market for "their" goods

and, more importantly,

2.) "Their" source of military power.

And now, "their" military is stretched to the limit in Iraq. And how do "they" recruit? By pulling the economy out from under the lower middle class and creating a whole new batch of "economic conscripts".

Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Tue Apr 23rd 2024, 02:57 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC