12-04-2009, 04:10 PM
Quote:To use your previous example of moose hunting. If we dismantle the regulations, what would stop me from killing every moose I saw? I mean sure, some people would be responsible, and only kill a few. But maybe I have a lot of free time and want to eat nothing but moose meat. It doesn't take too many irresponsible people to offset the responsible ones.No, we don't really want it to crash, but it will. The voters, and corporations mostly, have learned that they can vote themselves your money and borrow trillions with little hope of repayment. At some point (which we are near or just past), the burden becomes unbearable and the system crashes. Then, the government (and the people) would like to protect the moose, but can't afford to pay the DNR officer who would do that job. They would like to catch that criminal, but cannot afford to pay the people needed to do it, and are no longer able to borrow money or tax people.
The US is currently borrowing trillions per year with the tax base (during the last boon time) being about $2.5 trillion. We are now spending that 2.5 trillion, and borrowing another 3 to 6 trillion each year. And, this divergence is getting worse. Add to that the rate at which our Federal Government is printing US Dollars (devaluing) which will express itself as a hidden tax on every dollar saved or in circulation.
http://www.telegraph.co.uk/finance/finance...ting-money.html
Right now, I'm riding on this bus in morbid fascination, looking at that cliff we are about to plummet over. Most of the passengers are asleep, some are terrified, and some are laughing hysterically. Meanwhile, the bus driver, drunk on tax money and borrowing, is saying, "Don't worry, we've driven this way dozens of times before." The saddest part is, that when this bus crashes, millions will die. Really.