I.O.U.S.A. - Toyota Yaris Forums

yaris-me · 01-02-2009, 08:17 AM

http://www.iousathemovie.com/

What do you think?

GeneW · 01-02-2009, 08:53 AM

Let you know after Obama raises the deficit to $1,000,000,000,000.00 dollars next year. That's not a misprint, he says he has to stimulate the economy.

Roosevelt tried that too. Didn't work too well.

Gene

ChinoCharles · 01-02-2009, 09:00 AM

The problem is most of the economists with degrees agree with his approach.

Gene, if you have a better idea, why the HELL aren't you in office!? Yeah, I'm pointing my finger right now!!!

ChinoCharles · 01-02-2009, 09:14 AM

... I'm 2/3rds through it. Everyone needs to watch this. Pretty interesting stuff.

TLyttle · 01-02-2009, 06:01 PM

I am always amazed that there is never enough money to feed the poor (I see that food banks are in a pinch: too many customers, too few donations), but there is always enough money for another war...

MadMax · 01-02-2009, 06:18 PM

In a country where most people are technically in debt (About 43% of American families spend more than they earn each year, average households carry some $8,000 in credit card debt and personal bankruptcies have doubled in the past decade [source]; and those figures are five years old...just a year later the average credit-card debt of US households was up to $9300), I find it odd that people are surprised that our government is in the same boat...

America has lived on "borrowed" time (pun intended) for quite a while, and now it is starting to bite us on the ass. I don't think the incoming administration will be able to find a solution, as typically Democratic administrations increase spending on mostly social programs. The Clinton administration was the one that started the current housing dilemma by trying to provide cheap housing for those who otherwise could not afford it. It was a noble idea but made poor economic sense in the long run; and now we have large corporations who are failing in the competitive business market and the government is having to bail them out. That too is a lose-lose situation as if they didn't, the economy would be affected even more.

And don't even get me started on the billions that have been spent in Iraq and Afghanistan. Both have become money pits due to the lack of a strategic plan by the Bush administration. There was good reason to go into Afghanistan (the Taliban government supporting al Qaida), but we should have been out of there years ago and the UN or NATO finishing up. Iraq was a bad move for numerous reasons, and the fact that we didn't start pumping billions of barrels of oil out of there to pay for the "liberation" of that country only hurt our economy more (but what do you expect from a president whose main source of income is oil revenues?). The US military has done much good in both places, I know, I have witnessed it; but overall we are paying the price for our government getting us into situations where they have no clue as to how to resolve and end them.

There is a major shock on the horizon for our economy, maybe not to the level of the Great Depression but enough to force many people to adjust their lifestyles considerably. And that shock will be felt globally, as the US is a major consumer of goods from all over the planet. That is the reason why many foreign governments are so concerned over our economic situation, as it directly impacts their own.

My advice would be to buy as much guns and ammo as everyone can afford, but pay cash as most likely your credit cards can't withstand any more strain!

Cheers! M2

TLyttle · 01-03-2009, 03:56 AM

Uhhh, and what good is all that ammo going to do you? Just curious.

One may be better off buying enough manure to cover one's property, and a bucketful of seeds; somehow, those will do you and your neighbours more good than the biggest gun you can buy. In my mind, if everyone survives, it is better than no one surviving, but that's just me, I guess.......

MadMax · 01-03-2009, 04:11 AM

Oh crap, I forgot there were Canucks on here...any mention of a gun sets them off! Check my location, I'm in Texas. It is a gun-friendly state in a country where the right to bear arms is defined in our Constitution.

If you follow US politics, you will know that the price of guns and ammo has been rising due to the incoming administration. As such, it makes good economic sense to purchase those commodities now before the prices increase. Plus, much like parachutes, guns and ammo are something that is better to have and not need, then to need and not have!

No one is suggesting anarchy here...but thanks for the agriculture lesson, Jethro Tull!

Shroomster · 01-03-2009, 05:38 AM

Quote:

Originally Posted by MadMax

Jethro Tull!

He was Canadian?

necessity is the mother of invention, is it not?

something will be brought about out of desperation, or greed, or malevolence...

GeneW · 01-03-2009, 06:02 AM

Quote:

Originally Posted by ChinoCharles

The problem is most of the economists with degrees agree with his approach.

No kidding? Where did you hear that?

Quote:

Originally Posted by ChinoCharles

Gene, if you have a better idea, why the HELL aren't you in office!? Yeah, I'm pointing my finger right now!!!

Why do I need to be in office to point out that Keynesianism doesn't work?

The following is by FA Hayek, 1974 Nobel Prize Winner, Economics.

http://www.youtube.com/watch?v=pit609RLJd4

The Reader's Digest version...

http://www.youtube.com/watch?v=TmUBPFYy1ls

Gene

GeneW · 01-03-2009, 06:30 AM

Quote:

Originally Posted by TLyttle

Uhhh, and what good is all that ammo going to do you? Just curious.

I'd rather trade ammo than use it on other people but it's not bad to have.

If Obama and the Democrats slap a massive tax on ammunition then having it now is better than paying out the nose for it later. There has been serious discussion of "microstamping" bullets in order to ID them too - something that will drastically raise the cost of ammunition.

Buy it while you can....

Quote:

Originally Posted by TLyttle

One may be better off buying enough manure to cover one's property, and a bucketful of seeds; somehow, those will do you and your neighbours more good than the biggest gun you can buy. In my mind, if everyone survives, it is better than no one surviving, but that's just me, I guess.......

You can buy both - good seeds are cheap and great seeds can be obtained for the asking from seed savers. I have a few containers of heirloom seeds and save seeds.

I gave some thought to a "composting toilet" in order to make manure from the best source - people. It's stinky but doable.

I am planning to expand the garden considerably this year. Probably adding balcony gardens since they are not as easy to poach as ground gardens.

Everyone ought to be growing fresh food. People in Cuba grow vegetables and even poultry and pigs on their apartment balconies. No excuses for anyone to go hungry - unless they're unlucky, stupid or lazy.

Gene

GeneW · 01-03-2009, 06:43 AM

Quote:

Originally Posted by ChinoCharles

The problem is most of the economists with degrees agree with his approach.

Gene, if you have a better idea, why the HELL aren't you in office!? Yeah, I'm pointing my finger right now!!!

Oh yeah... this is from the Bureau of Labor Statistics...

The first figure is the year, the second the US unemployment rate in percent.

1923-29 3.3

1930 8.9

1931 15.9

1932 23.6

1933 24.9

1934 21.7

1935 20.1

1936 17.0

1937 14.3

1938 19.0

1939 17.2

1940 14.6

1941 9.9

1942 4.7

http://www.bls.gov/opub/cwc/cm20030124ar03p1.htm

Please notice a few things in this data... Roosevelt began his Administration on March 4, 1933 and died in Office in 1945.

During his first year in office unemployment peaked. During his first year in office he declared a "bank holiday", closed the banks, outlawed the private ownership of gold (except for coins), abolished all contracts that paid in gold and mandated "legal tender" laws - the dollar was mandatory for all debts public and private. Prior to this time the Dollar competed with gold.

The National Recovery Act was created by executive order under the authority of the National Industrial Recovery Act in 1933. NIRA authorized the President to "stimulate the economy".

Quote:

The NIRA was famous for its rules, all of which were written by committees of businessmen from the specific industry involved. Journalist Raymond Clapper reported that between 4,000 and 5,000 business practices were prohibited by NIRA orders that carried the force of law, which were contained in some 3,000 administrative orders running to over 10,000 pages, and supplemented by what Clapper said were "innumerable opinions and directions from national, regional and code boards interpreting and enforcing provisions of the act." There were also "the rules of the code authorities, themselves, each having the force of law and affecting the lives and conduct of millions of persons." Clapper concluded: "It requires no imagination to appreciate the difficulty the business man has in keeping informed of these codes, supplemental codes, code amendments, executive orders, administrative orders, office orders, interpretations, rules, regulations and obiter dicta." [2]

The NIRA was overturned in May,1935 when the Supreme Court of the United States unanimously ruled in the case Schechter Poultry Corp. v. United States (295 U.S. 495, 1935), sometimes called the "sick chicken" case, that the Act infringed upon states' authority, unreasonably stretched the Commerce Clause, and gave legislative powers to the executive branch in violation of the Nondelegation doctrine. Moreover, the opinion fell back on the question of constitutional authority by stating, "extraordinary conditions do not create or enlarge constitutional powers."[3] By then the NRA program had become unpopular and there was no effort to rewrite the legislation.[4]

There is controversy over the effectiveness of this Act.[5] Section 7(a) helped promote the formation of labor unions, and led to the establishment of the National Labor Board. The Act's lack of clarity and enforcement powers regarding unions led to passage of the Wagner Act in 1935, which incorporated Section 7(a).

Well, how did it work? The proof of the pudding is in the eating - double digit unemployment until after Pearl Harbor.

If the boys with the PhDs want to support Obama that's their affair. Other nations where this crap was tried include Japan from 1990 until present, and Viet Nam from roughly 1960 until the economy tanked just prior to the first US combat forces.

Gene

TLyttle · 01-04-2009, 03:40 AM

Yeah, the Canucks are here, sorry about that. We, too, are allowed to own Yarii...

Because we live in kinda tough territory, we found out long ago that cooperation is the only key to survival. And believe me, survival will be the key to the future.

Somehow, the attitude of "if you want it, just take it" is becoming the sign of a declining civility here in North America. Will it change? I am old enough so that I don't care much, but I do wish everyone luck in the future!

ToddR · 01-05-2009, 01:04 AM

Quote:

Originally Posted by Shroomster

He was Canadian?

British whether you are referring to the agriculturalist or the band.

01-02-2009, 08:17 AM	#1
yaris-me Learn to Relax Drives: 2007, Meteorite, LB Join Date: Dec 2008 Location: Anaheim, CA Posts: 2,070	I.O.U.S.A. http://www.iousathemovie.com/ What do you think?

01-02-2009, 08:53 AM	#2
GeneW Banned Drives: 2008 Yaris Join Date: Oct 2008 Location: Pennsylvania Posts: 1,034	Let you know after Obama raises the deficit to $1,000,000,000,000.00 dollars next year. That's not a misprint, he says he has to stimulate the economy. Roosevelt tried that too. Didn't work too well. Gene

01-02-2009, 09:00 AM	#3
ChinoCharles Banned Drives: LB Join Date: Jul 2006 Location: OH Posts: 7,787	The problem is most of the economists with degrees agree with his approach. Gene, if you have a better idea, why the HELL aren't you in office!? Yeah, I'm pointing my finger right now!!!

01-02-2009, 09:14 AM	#4
ChinoCharles Banned Drives: LB Join Date: Jul 2006 Location: OH Posts: 7,787	... I'm 2/3rds through it. Everyone needs to watch this. Pretty interesting stuff.

01-02-2009, 06:01 PM	#5
TLyttle Drives: 07 Yaris sedan Join Date: Jun 2007 Location: Keremeos BC Posts: 986	I am always amazed that there is never enough money to feed the poor (I see that food banks are in a pinch: too many customers, too few donations), but there is always enough money for another war...

01-02-2009, 06:18 PM	#6
MadMax Drives: 2008 Yaris Liftback (Sprocket) Join Date: Oct 2008 Location: San Antonio, Texas! Posts: 2,799	In a country where most people are technically in debt (About 43% of American families spend more than they earn each year, average households carry some $8,000 in credit card debt and personal bankruptcies have doubled in the past decade [source]; and those figures are five years old...just a year later the average credit-card debt of US households was up to $9300), I find it odd that people are surprised that our government is in the same boat... America has lived on "borrowed" time (pun intended) for quite a while, and now it is starting to bite us on the ass. I don't think the incoming administration will be able to find a solution, as typically Democratic administrations increase spending on mostly social programs. The Clinton administration was the one that started the current housing dilemma by trying to provide cheap housing for those who otherwise could not afford it. It was a noble idea but made poor economic sense in the long run; and now we have large corporations who are failing in the competitive business market and the government is having to bail them out. That too is a lose-lose situation as if they didn't, the economy would be affected even more. And don't even get me started on the billions that have been spent in Iraq and Afghanistan. Both have become money pits due to the lack of a strategic plan by the Bush administration. There was good reason to go into Afghanistan (the Taliban government supporting al Qaida), but we should have been out of there years ago and the UN or NATO finishing up. Iraq was a bad move for numerous reasons, and the fact that we didn't start pumping billions of barrels of oil out of there to pay for the "liberation" of that country only hurt our economy more (but what do you expect from a president whose main source of income is oil revenues?). The US military has done much good in both places, I know, I have witnessed it; but overall we are paying the price for our government getting us into situations where they have no clue as to how to resolve and end them. There is a major shock on the horizon for our economy, maybe not to the level of the Great Depression but enough to force many people to adjust their lifestyles considerably. And that shock will be felt globally, as the US is a major consumer of goods from all over the planet. That is the reason why many foreign governments are so concerned over our economic situation, as it directly impacts their own. My advice would be to buy as much guns and ammo as everyone can afford, but pay cash as most likely your credit cards can't withstand any more strain! Cheers! M2

01-03-2009, 03:56 AM	#7
TLyttle Drives: 07 Yaris sedan Join Date: Jun 2007 Location: Keremeos BC Posts: 986	Uhhh, and what good is all that ammo going to do you? Just curious. One may be better off buying enough manure to cover one's property, and a bucketful of seeds; somehow, those will do you and your neighbours more good than the biggest gun you can buy. In my mind, if everyone survives, it is better than no one surviving, but that's just me, I guess.......

01-03-2009, 04:11 AM	#8
MadMax Drives: 2008 Yaris Liftback (Sprocket) Join Date: Oct 2008 Location: San Antonio, Texas! Posts: 2,799	Oh crap, I forgot there were Canucks on here...any mention of a gun sets them off! Check my location, I'm in Texas. It is a gun-friendly state in a country where the right to bear arms is defined in our Constitution. If you follow US politics, you will know that the price of guns and ammo has been rising due to the incoming administration. As such, it makes good economic sense to purchase those commodities now before the prices increase. Plus, much like parachutes, guns and ammo are something that is better to have and not need, then to need and not have! No one is suggesting anarchy here...but thanks for the agriculture lesson, Jethro Tull!

01-04-2009, 03:40 AM	#13
TLyttle Drives: 07 Yaris sedan Join Date: Jun 2007 Location: Keremeos BC Posts: 986	Yeah, the Canucks are here, sorry about that. We, too, are allowed to own Yarii... Because we live in kinda tough territory, we found out long ago that cooperation is the only key to survival. And believe me, survival will be the key to the future. Somehow, the attitude of "if you want it, just take it" is becoming the sign of a declining civility here in North America. Will it change? I am old enough so that I don't care much, but I do wish everyone luck in the future!