Author Topic: guns first, money next? (Read 862 times)

Brett · « **on:** March 18, 2013, 07:47:39 AM »

Government "[T]he scariest news over the weekend came from the tiny country of Cyprus. ... Individuals who have deposits of at least $130,000 (equivalent) in Cypriot banks will pay what the New York Times called a 'one-time tax' of 9.9 percent of their deposits. Smaller depositors will have their funds confiscated taxed to the tune of 6.75 percent. ... Naturally the ATM networks were shut down to prevent the good people of Cyprus (or Russia) from getting to their money before the government could take it away. Chancellor Merkel said that making the depositors help pay for the bailout is the right thing to do. 'That way,' she said, 'those responsible will contribute in it, not only the taxpayers of other countries.' I have $12.75 in the bank in Alexandria, Virginia. How does that make me responsible for creating the national debt? ... Think about what will happen when officials of the Obama Administration come to work this morning and read that the EU could force Cyprus to confiscate legally deposited funds. According to the Federal Reserve Bank of St. Louis, as of last Monday there was $6.8 trillion on deposit in U.S. banks. ... I can certainly hear the clack-clack-clack of keyboards drawing up the talking points explaining why rich people with deposits of over, say $50,000 should be willing to do their fair share in paying down the national debt. ... Sample Talking Point: If you can afford a 401(k) and $4/gallon gasoline, you're making too much." --columnist Rich Galen

wolverine_1 · « **Reply #1 on:** March 18, 2013, 07:55:19 AM »

Actually, I think that if they do this, they will figure out how to exempt the deposits over 50,000. Obviously, those folks are investing in improving the econmy. It's the little folks deposits that take funds out of the economy and cause it to stagnate.

The Hermit · « **Reply #2 on:** March 18, 2013, 02:17:33 PM »

The bulk of the larger deposited funds in Cyprus comes from Russia. If the IMF thinks they are getting away with something, hang onto your hat. This will be bullish for gold. This is "confiscation".
The E.U. just stepped in it big time. Fiat money always fails. Russia won't lose this one.
The reason for stricter gun control in the US, as in other parts of the world, is that the Gov. fears the comming revolution and currency collapse.
Nice post, Brett.

The Hermit

Anna · « **Reply #3 on:** March 18, 2013, 02:37:37 PM »

Hide it buried out back in a fruit jar ! A lawyer told me that once but why would you stash something
that's becomeing as useless as the dollar ?
You can't find gold or silver at a decent price anymore so what can you invest in that the guberment
wont try and take or make worthless ?
Easy , ammo and cigarettes ! Mostly cigarettes ,when those start to dry up you will see real carnage.
Withdrawal off of tobacco can last for months in a lot of cases, and that will become the common
denominator mark my words .
Its very possible that cigarettes will eclipse ammo , in very hard times they are the one simple
luxury . People will eat dry dog food just to have enough to trade for a smoke .
Coffee is another one , add to that the morning cig and watch the black market get rich .
Sex will not even be a commodity . If you have coffee and cigarettes you will be able to barter for
about anything you want .
Saw it happen . Hit them with their addictions , not with what they think they want or need .

Oldshooter · « **Reply #4 on:** March 18, 2013, 05:45:54 PM »

I keep sayn dont buy gold, buy spam, beans and lead.... the latter to protect the other.

It will interesting to see how that plays out in Cyprus.

And we thought it( the gun grab) was to protect the chirrens!

theratdog · « **Reply #5 on:** March 19, 2013, 01:03:35 AM »

get the corporations to pay there taxes there would be no deficit.

sharps4590 · « **Reply #6 on:** March 19, 2013, 01:34:32 AM »

Yessir. Tax those eeeeeeeeeevill corporations until there is absolutely no growth. Then everyone can go get a job from a poor person. Problem is, government is as eeeeeevil, if not more so, than corporations.

Anna · « **Reply #7 on:** March 19, 2013, 02:10:57 AM »

Well the cooperations are sure getting away with this cheap labor crap .
There were a couple of them I thought were a little better than that but it looks like even they have
jumped on that band wagon also .
The jobs that pay ok are ones that are extremely dangerous or could leave you maimed for life .
Oh they talk safety but they sure don't practice it to well, and anymore its like OSHA is non
existent . They get this cheap labor from south of the border then when one of them gets hurt
there is this big cover up like the worker never existed .
In doing this Americans if they want a job have to take the same pay as these others do .

No more getting paid for your experience or seniority , they have blanket pay scales at around
$10.00 an hour across the board no matter who you are .
It may sound ok but try to support a family and drive to work after taxes on that kind of money .
No more asking for a raise they will tell you there are a lot more in line that would gladly take your
job. One bunch in Texas got paid in pesos ! That's right and where was the labor board ?
No where to be found its like everyone is looking the other way to protect their own bu++s.
Commies don't need to tell me its our way of life here in America that has caused this , its them
and their policy's that cause things like this !

spruce · « **Reply #8 on:** March 19, 2013, 03:22:41 AM »

Very scary precedent. The people in cyprus were caught completely off guard. Now that people elsewhere have seen it happen they will be very, very wary - if it happened there it could happen anywhere. All it would take now is for a rumor to start in some other country and you would see a run on banks that would make the one in 1929 look like child's play.

I'd be willing to bet there's already been some people in THIS country that have pulled their money out of the bank. Paranoia? Overreacting? Maybe - but I wouldn't put anything past the current administration. Of course like some have already said, if it should happen, the currency will be pretty much worthless anyway.

As far as the current low wages - they merely reflect the economic state we're in. In a thriving economy wages go up, in a poor economy wages go down. It's just supply and demand. If there are 10 jobs and 1000 people competing for them a company doesn't have to offer much in the way of wages. If there are 1000 jobs and only 10 people to fill them a company has to offer more to attract them, or they lose them to some other company. Doesn't have anything to do with good or evil, it's just how the capitalistic system works.

Anna · « **Reply #9 on:** March 19, 2013, 03:46:32 AM »

But they caused it to happen that's my point ! This is not some normal ebb and flow going on here.
There is no reason for this economy to be in the shape its in and for this long .
Without some form of government mingling to keep it this way .
Same thing with the 22lr, it may have started this way but now it is not the hording when supplyers
are not catching up with the demand on something as simple as a 22
Common fireworks are more difficult to make than a 22, that prosses could be totally automated.
There is no copper jacket , no primer cups , the case isn't all that complicated .
An automated stamp could crank out these shells by the thousands each day .
The 22lr is not some exact science , even the guns do not have to be all that well made .
And with 14 company's out there capible of doing this where are the 22s ?
They don't have to retrofit equipment to make a 22 ! Its a set deal with that cartrage it is what it
Is and that's it !

mechanic · « **Reply #10 on:** March 19, 2013, 04:31:22 AM »

Quote from: Anna on March 19, 2013, 03:46:32 AM

But they caused it to happen that's my point ! This is not some normal ebb and flow going on here.
There is no reason for this economy to be in the shape its in and for this long .
Without some form of government mingling to keep it this way .
Same thing with the 22lr, it may have started this way but now it is not the hording when supplyers
are not catching up with the demand on something as simple as a 22
Common fireworks are more difficult to make than a 22, that prosses could be totally automated.
There is no copper jacket , no primer cups , the case isn't all that complicated .
An automated stamp could crank out these shells by the thousands each day .
The 22lr is not some exact science , even the guns do not have to be all that well made .
And with 14 company's out there capible of doing this where are the 22s ?
They don't have to retrofit equipment to make a 22 ! Its a set deal with that cartrage it is what it
Is and that's it !

+1

spruce · « **Reply #11 on:** March 19, 2013, 06:18:08 AM »

Unfortunately the ammo makers can only make it so fast. When a panic buying frenzy hits they just can't keep up.

Think about this: They normally make millions and millions of .22 rounds per year. Let's say there are 50 million .22 rifles/handguns out there in the public domain. Now if, in an average year, one (1) 50 round box is purchased for each gun that would be 2,500,000,000 rounds per year (if my math is correct!).
Now, when you consider that a LOT of people who ordinarily would buy only one or two boxes or maybe a brick per year are stockpiling 50,000 rounds or more it's no mystery why it's so scarce right now!

The actions of the king and his court are what set off the panic buying spree, but it's the panic itself that makes the shortage.

nw_hunter · « **Reply #12 on:** March 19, 2013, 07:01:31 AM »

Quote from: spruce on March 19, 2013, 06:18:08 AM

Unfortunately the ammo makers can only make it so fast. When a panic buying frenzy hits they just can't keep up.

Think about this: They normally make millions and millions of .22 rounds per year. Let's say there are 50 million .22 rifles/handguns out there in the public domain. Now if, in an average year, one (1) 50 round box is purchased for each gun that would be 2,500,000,000 rounds per year (if my math is correct!).
Now, when you consider that a LOT of people who ordinarily would buy only one or two boxes or maybe a brick per year are stockpiling 50,000 rounds or more it's no mystery why it's so scarce right now!

The actions of the king and his court are what set off the panic buying spree, but it's the panic itself that makes the shortage.

I agree with Anna. If the product isn't on the shelf, then how can one horde it? My local store is only getting 5 bricks of 22 cal per week now. These stores are NOT getting their normal allotments. Where is it going?

ChungDoQuan · « **Reply #13 on:** March 19, 2013, 07:42:07 AM »

More repercussions from Austerity. This is the Austerity Bailout. When big banks don't make as much money as they did last month, they take yours. These are the big corporations the right thinks need more tax breaks.

spruce · « **Reply #14 on:** March 19, 2013, 08:36:50 AM »

It's going out the door - as fast as it comes in! Right now it wouldn't matter if they got in 5 bricks or 50 bricks, there still wouldn't be any on the shelf.

During normal times some stores sold more than 5 bricks a week, but some other smaller stores probably only sold a few boxes a week. Now they could all sell 100 bricks a week, whether they're big or small - the manufacturers and the supply chain just can't keep up.

It's the same thing that happens with flashlight batteries when there's a hurricane, or groceries when a big winter storm is forecast. The difference is that the ammo panic buying is lasting a lot longer than panic buying during a hurricane or storm, and as a consequence the stores are unable to replenish their stock.

mechanic · « **Reply #15 on:** March 19, 2013, 10:43:45 AM »

Quote from: ChungDoQuan on March 19, 2013, 07:42:07 AM

More repercussions from Austerity. This is the Austerity Bailout. When big banks don't make as much money as they did last month, they take yours. These are the big corporations the right thinks need more tax breaks.

I keep reading this sentiment, but who did the left give the bailout money to? Big banks.

Ben

Oldshooter · « **Reply #16 on:** March 19, 2013, 12:23:35 PM »

Quote from: theratdog on March 19, 2013, 01:03:35 AM

get the corporations to pay there taxes there would be no deficit.

What it is that you dont understand about "pass it on to the consumer". If They make the corporations pay their taxes you are going to pay more for your "widgets" or what ever. And the corporations will let you go and hire someone who will work cheaper. And if you bear down on them like the unions have done the auto makers. they will belly up and THEY(the gooberment) will have to bail them out with your money.

you and chang dun some need to get a grip.

ChungDoQuan · « **Reply #17 on:** March 19, 2013, 01:13:54 PM »

Quote from: mechanic on March 19, 2013, 10:43:45 AM

Quote from: ChungDoQuan on March 19, 2013, 07:42:07 AM
More repercussions from Austerity. This is the Austerity Bailout. When big banks don't make as much money as they did last month, they take yours. These are the big corporations the right thinks need more tax breaks.

I keep reading this sentiment, but who did the left give the bailout money to? Big banks.

Ben

The LEFT? After GW went to them in a panic, saying the economy would collapse. Their only mistake was believing GW!

Casull · « **Reply #18 on:** March 19, 2013, 02:30:01 PM »

Quote

More repercussions from Austerity. This is the Austerity Bailout. When big banks don't make as much money as they did last month, they take yours. These are the big corporations the right thinks need more tax breaks.

What a complete load of nonsense. Do you even read the stuff you write, before you post it? This is not the "big banks" taking someone's money. This is the GOVERNMENT taking someone's money. You know, the GOVERNMENT. That same body that you and the left wing nutjobs want to throw MORE of our money to. Well, actually I don't care about your money (why should I if you don't), but I damn sure care about mine.

mechanic · « **Reply #19 on:** March 19, 2013, 03:21:54 PM »

Chung,

GW hollered the sky is falling, but the money went to Obama and a fully democratic controlled congress. GW never spent a dime of it. All the suceeding bailouts, including QE1,2, 3 have gone to banking interests, Gen. Motors and Gen Elec, etc. As well as to some like Solindra.

Little if any of the money has been used to help the "little man"

This old saw about the Republicans being for the rich and the Democrats being for the poor is a load of BS. They are ALL out for their own interests.

Until people quit blame tossing and realize either party is going to bankrupt us, we face the fate of Cyprus and Greece. Who's gonna' bail us out?

Ben

Anna · « **Reply #20 on:** March 19, 2013, 03:32:24 PM »

Well Ben the guberment might send us all some buckets and tell us to start bailing .
Sorta like the let them eat cake thing no more than they care .

BBF · « **Reply #21 on:** March 20, 2013, 08:38:52 AM »

It didn't happen, I presume the lawmakers en large thought better of it.

vabeachman · « **Reply #22 on:** March 20, 2013, 08:48:42 AM »

The government take yours and passes it on through the Fed to the financial institutions. The financial institutions gamble it away, create a panic, get a monetary infusion from Fed, pay themselves bonuses because they are so talented. Corporations need to pay their fair share and pass it on to the consumer. Why should I subsidize widgets when I do not need them or want them? Let the people who use them and need them pay for the widgets. I loathe state sponsored capitalism, love true free capitalism. Even though I do not like her, Sarah Palin has a point about crony capitalism.