re: The Federal Reserve ends QE.

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Tiger n Miami AU83

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Almost two years later, and you are STILL a bitch.

You're a bitch.

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Our economy will collapse on itself within 5 years.

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I doubt we will ever see a total collapse BUT I do think the possiblity of another Great Depression like the 1930s is very possible.

I have grudgingly come to the conclusion that 'Merica is in decline & she may not be able to revive herself.

I am seeing a slow decline of the US over the next 20-30 years. IF something miraculous doesn't happen, the best days of America are BEHIND her.

This country needs BOTH a spiritual and economic revival.

I see the little ones that are born today and in the last 10 years. I wonder if they will know the freedoms and relative prosperity that most of us have known.

It saddens me to no end that future generations of Americans will read about the past freedoms and prosperity that this great country once had & wonder why they don't have them.

Maybe enough of the them will rise up against the socialist state and start demanding what this country can really be in terms of freedom and prosperity again.

It may take some bloodshed, sacrifice, and hardtimes. Hopefully it doesn't come to that but I think it will.

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Reubaltaich

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Can you name a few of the "freedoms" that we have lost?

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Can you name a few of the "freedoms" that we have lost?

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Too easy.

But you have been so blinded & conditioned over the years that you & tens of millions like you can't even comprehend it.

#1 is my money. I bust my tail every day to provide a living for my family.
However, when its all added up, well over 50% of my money is ate up in government taxes.

Our Founding Fathers went to war over a lot less.

You people look at your check stub and look at the withholdings and think that is it. You & tens of millions of other are so wrong.

You are being taxed on just about EVERY item you purchase. From the fuel to your vehicle to the gallon of milk you purchase at the grocery store.

Then you have what economists called 'hidden taxes'. I would suggest you research it.
Its all factored into the cost of what you purchase, from the shoes on your feet to the cell phone minutes you use, to the food that you buy at the store.

#2 Health care. Our HC system has been so distorted of the last 50 years, its so out of whack. And most of it has come from the 'do-gooders' from the left due to the likes of ted kennedy.

Now we have obama-scam. We are only on the precipice of what is going to go down. And it ain't gonna be pretty.

Does it seem ironic to you that none other than the IRS is going to be the main administer of this scam? Prolly not.

#3 Think of the NSA. We have lost all privacy.
*Your EVERY phone conversion is being recorded & stored.
*Every e-mail and text message you seen is being archived in a data base somewhere.

*EVERY piece of mail and UPS/FedEx or other
package is scanned and archived in a data base.

*Even every post you have on TD is saved and stored on a data base somewhere.

You were saying?

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#1 is my money.

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Taxes exist in every government. You lost this "freedom" like 1000 years ago.

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#2 Health care.

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You use a lot of words like "scam". Yet you don't say how you have "lost" anything. Although I guess it's ironic you would consider healthcare to be a freedom in the first place and then be against ObamaCare in the other. It may not be a great system but its goal is to provide that "freedom" to more citizens, which it does no matter how much you might argue its effectiveness.

The bottom line is that more people in the US have access to better healthcare today than at any other time in history, so this is clearly a fail in the lost freedoms department.

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#3 Think of the NSA. We have lost all privacy.

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I think we are only more aware of how our privacy is being violated nowadays. And yes, everything you do on the internet is being recorded, only it's not just Big Brother watching. I could write a program to record every post ever written on TD if I wanted to.

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S.E.C. Crazy

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Appreciate the explanation.

I do agree with some of your post especially the point about rising interest rates. However I do not see this is a sign of bad times. In fact I like high interest rates because I'm a saver. I like when my money sits in an essentially risk free money market account earning a nice return.


I also agree that rising interest rates and the national debt is a concern. I don't belive it's necessarily the national debt that's at issue with rising interest rate, it the lurking unfunded libilities that have to be met. Those unfunded liilities are many people's hopes and dreams and if those are not met that's when civil unrest could occur. This is uncharted waters.

In terms of the dollar, currently the dollar is strong. It's strong because the other central banks continue to print whereas the Fereral Reserve has stopped. Furthermore, there might be a little geopolitics being played with the Federal Reserve to strengthen the dollar and thus undermine Putin.

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It may not be a great system but its goal is to provide that "freedom" to more citizens, which it does no matter how much you might argue its effectiveness.

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It's a handout for the (mostly) leeches, and it is less freedom for those who actually have to pay for it.

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less freedom for those who actually have to pay for it.

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In fairness, paying for it is a matter of degree. The real loss of freedom is in consumer choice.

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I think that the ending of QE could be an especially strong time for the economy.

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I'm not sure why they kept it up as long as they did. If it works, you don't need it anymore. If it doesn't you should try something different.

The shrinking labor force and stagnant middle-class incomes are both signs that the latter is true.

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paying for it is a matter of degree. The real loss of freedom is in consumer choice.

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I am working to pay for something that does not benefit me or my family. That is asignificant loss of freedom.