http://en.wikipedia.org/wiki/Causes_...nch_Revolution


The Causes of the French Revolution were those significant historical factors
that led to the revolution of 1789 in France.

Although France in 1789 faced economic difficulties, mostly concerning the
equitability of taxation, it was one of the richest and most powerful nations of
Europe.[1] The French people also enjoyed more political freedom and a lower
incidence of arbitrary punishment than any of their fellow Europeans. However,
Louis XVI, his ministers, and the widespread French nobility had become
immensely unpopular. This was a consequence of the fact that peasants and, to a
lesser extent, the bourgeoisie, were burdened with ruinously-high taxes levied
to support wealthy aristocrats and their sumptuous, often gluttonous, lifestyles.[2]

....

In summary, a number of factors led to the outbreak of the French Revolution.
Deep structural causes combined with factors peculiar to the period. Revolution
was not due to a single event but a series of events that, together,
irreversibly changed the organization of political power, the nature of society,
and the exercise of individual freedoms.

Debt

It was debt that led to the long-running fiscal crisis of the French government.
On the eve of the revolution, France was effectively bankrupt. Extravagant
expenditures on luxuries by Louis XVI, whose rule began in 1774, were compounded
by debts that were run up during the reign of his even-more-profligate
predecessor, Louis XV (who reigned from 1715 to 1774). Heavy expenditures to
conduct the losing Seven Years' War against Britain (1756–1763), and France's
spiteful attempt to poke a finger in the eye of the British by backing the
Americans in their War of Independence, ran the tab up even further.

Louis XV and his ministers were deeply unhappy about Britain's victory in the
Seven Years War, and, in the years following the Treaty of Paris, they began
drawing up a long-term plan that would involve constructing a larger navy and
building an anti-British coalition of allies. In theory, this would eventually
lead to a war of revenge and see France regain its colonies from Britain. In
practice, it resulted in a mountain of debts.

Louis XV had spent liberally to establish Versailles as a showplace city worthy
to be the French capital, in function if not in fact. There, he built a Ministry
of War, a Ministry of Foreign Affairs (where the Treaty of Paris (1783) ending
the American Revolutionary War was signed), and a Ministry of the Navy.

In Louis XV's high council, the parti dévot ("devout" party), led by the Comte
d'Argenson, secretary of state for war, and the parti philosophique
("philosophical" party), which supported the Enlightenment philosophy and was
led by Machault d'Arnouville, controller-general of finances, vied for power.

On the advice of his mistress, the marquise de Pompadour, the king supported the
policy of fiscal justice designed by d'Arnouville. In order to finance the
budget deficit, which amounted to 100 million livres in 1745, Machault
d'Arnouville created a tax of 5% on all revenues (the vingtième), a measure that
affected the privileged classes as well as the rest of the population. Still,
expenditures outpaced revenues.[14]

Ultimately, Louis XV failed to overcome these fiscal problems, mainly because he
was incapable of harmonizing the conflicting parties at court and arriving at
coherent economic policies. Worse, Louis seemed to be aware of the forces of
anti-monarchism threatening his family's rule, yet he failed to do anything to
stop them.[15] Louis XV's death in 1774 saw the French monarchy at its nadir,
politically, morally, and financially.

Under the new king, Louis XV's grandson, Louis XVI, radical financial reforms by
his ministers, Turgot and Malesherbes, angered the nobles and were blocked by
the parlements who insisted that the king did not have the legal right to levy
new taxes. So, in 1776, Turgot was dismissed and Malesherbes resigned. They were
replaced by Jacques Necker, who supported the American Revolution and proceeded
with a policy of taking out large international loans instead of raising taxes.

....

When Necker's tax policy failed miserably, Louis dismissed him, and replaced
him, in 1783, with Charles Alexandre de Calonne, who increased public spending
in order to 'buy' the country's way out of debt. This policy also failed, so
Louis convened the Assembly of Notables in 1787 to discuss a revolutionary new
fiscal reform proposed by Calonne. When the nobles were told the extent of the
debt, they were shocked. However, the shock did not motivate them to rally
behind the plan but to reject it. This negative turn of events signaled to Louis
that he had lost the ability to rule as an absolute monarch, and he fell into
depression.

....

Edmund Burke, no friend of the revolution, wrote in 1790: " ... the public,
whether represented by a monarch or by a senate, can pledge nothing but the
public estate; and it can have no public estate except in what it derives from a
just and proportioned imposition upon the citizens at large." Because the nobles
successfully defended their privileges, the king of France lacked the means to
impose a "just and proportioned" tax. The desire to do so led directly to the
decision in 1788 to call the Estates-General into session.[19]

The financial strain of servicing old debt and the excesses of the current royal
court caused dissatisfaction with the monarchy, contributed to national unrest,
and culminated in the French Revolution of 1789.

On Sun, 31 Jul 2011 11:16:49 -0500, CaveLamb
wrote:

The Causes of the French Revolution were those significant historical factors
that led to the revolution of 1789 in France.
snip lots of good stuff

Your data appears to be correct and logically leads to the
most unfortunate conclusions for the average American
citizen and creditor.

I would however suggest a parallel explication (with the
same outcomes), namely nations, like people, political
parties, and corporations have finite life spans. What
appears to be unusual is the speed with which the
end-of-life developments, equivalent to senescence,
obsessions, paranoia, and Alzheimer's in an elderly
individual, have occurred.

On Sun, 31 Jul 2011 13:39:17 -0500, F. George McDuffee
wrote:

On Sun, 31 Jul 2011 11:16:49 -0500, CaveLamb
wrote:

The Causes of the French Revolution were those significant historical factors
that led to the revolution of 1789 in France.
snip lots of good stuff

Your data appears to be correct and logically leads to the
most unfortunate conclusions for the average American
citizen and creditor.

I would however suggest a parallel explication (with the
same outcomes), namely nations, like people, political
parties, and corporations have finite life spans. What
appears to be unusual is the speed with which the
end-of-life developments, equivalent to senescence,
obsessions, paranoia, and Alzheimer's in an elderly
individual, have occurred.

Guillotine!!!! Guillotine!!!!!

Folks think Im absolutely nutz when I talk about the Great Cull..when
all one needs to do is look at France..circa 1789

http://en.wikipedia.org/wiki/French_Revolution


Gunner




--
"The danger to America is not Barack Obama but a citizenry
capable of entrusting a man like him with the Presidency.
It will be far easier to limit and undo the follies of an
Obama presidency than to restore the necessary common sense
and good judgment to a depraved electorate willing to have
such a man for their? president.. Blaming the prince of the
fools should not blind anyone to the vast confederacy of
fools that made him their prince".

Gunner Asch wrote:

Guillotine!!!! Guillotine!!!!!

Folks think Im absolutely nutz when I talk about the Great Cull..when
all one needs to do is look at France..circa 1789




Gunner

Well yes, of course we do, Gunner!
Because you ARE! Nutz that is.

Similar economic situations, but that's as far as it stretches.

Look, if you really believe in the Great Cull (or Great Pumpkin,
for that matter)

DO something about it.

Start shooting.

See if anybody else follows suit.


But if you are not willing to walk your talk?
STFU.

Ok?



--

Richard Lamb
http://www.home.earthlink.net/~cavelamb
http://www.home.earthlink.net/~sv_temptress

On Sun, 31 Jul 2011 18:34:35 -0500, CaveLamb
wrote:

Gunner Asch wrote:

Guillotine!!!! Guillotine!!!!!

Folks think Im absolutely nutz when I talk about the Great Cull..when
all one needs to do is look at France..circa 1789




Gunner

Well yes, of course we do, Gunner!
Because you ARE! Nutz that is.

Similar economic situations, but that's as far as it stretches.

Look, if you really believe in the Great Cull (or Great Pumpkin,
for that matter)

DO something about it.

Start shooting.

See if anybody else follows suit.


But if you are not willing to walk your talk?
STFU.

Ok?

Time will tell wont it?

Care to put $5 on it?

payable to the charity of your choice?

And Ive never said ILL be shooting leftwingers. Im simply an observer.
Ive stated that over and over again. And Ive further stated that I hoped
it didnt happen..though my stance on that has been slowly decaying as
time goes on, to the point I believe it will be a terrible...but
necessary event.

Ill be sitting on my front porch, banjo in hand, playing happy riffs as
the rising body counts are reported over the radio.

"Liberté, égalité, fraternité!!!"

VBG

Now Im curious as to why you are getting so upset over something you
think is impossible to occur?
Does something in the back of your mind roll around in horror and
speculation? Or are you just being ****y?


Gunner

--
"The danger to America is not Barack Obama but a citizenry
capable of entrusting a man like him with the Presidency.
It will be far easier to limit and undo the follies of an
Obama presidency than to restore the necessary common sense
and good judgment to a depraved electorate willing to have
such a man for their? president.. Blaming the prince of the
fools should not blind anyone to the vast confederacy of
fools that made him their prince".

CaveLamb on Sun, 31 Jul 2011 18:34:35 -0500
typed in rec.crafts.metalworking the following:
Gunner Asch wrote:

Guillotine!!!! Guillotine!!!!!

Folks think Im absolutely nutz when I talk about the Great Cull..when
all one needs to do is look at France..circa 1789

Gunner

Well yes, of course we do, Gunner!
Because you ARE! Nutz that is.

Similar economic situations, but that's as far as it stretches.

Look, if you really believe in the Great Cull (or Great Pumpkin,
for that matter)

DO something about it.

Start shooting.

See if anybody else follows suit.


But if you are not willing to walk your talk?
STFU.

Ok?

There is an old, old story of the guy interviewing for the job of
switchman. And he gets asked about how he would handle various
situations, and finally is asked about what he would do if he had two
trains coming from opposite directions at great speed. He says
"I'd call my brother Wilbur"
Why would you do that?
"Cause he's never seen a train wreck."

Gunner sees a "train wreck" or rather a situation which sure nuff
looks like it will lead to a train wreck. Not his job to start it,
nor is it his job to prevent it (save in the sense of being a citizen
in a representational republic.)

Gunner's warning of the "great cull" is no more causative than my
warning my brother that if he got married without me being there, all
his kids would be born naked. He did, and they were.


toodles
pyotr

--
pyotr filipivich
We will drink no whiskey before its nine.
It's eight fifty eight. Close enough!

On Sun, 31 Jul 2011 14:15:59 -0700, Gunner Asch
wrote:

I would however suggest a parallel explication (with the
same outcomes), namely nations, like people, political
parties, and corporations have finite life spans. What
appears to be unusual is the speed with which the
end-of-life developments, equivalent to senescence,
obsessions, paranoia, and Alzheimer's in an elderly
individual, have occurred.

Guillotine!!!! Guillotine!!!!!

Folks think Im absolutely nutz when I talk about the Great Cull..when
all one needs to do is look at France..circa 1789
=============

That was in a time long, long ago in a country that was far,
far away. Rather than simply adopting obsolete foreign
practices, it would appear better to put a distinctive
American stamp on new and updated procedures.

For example, rather than hauling the prisoners to the site
of executions in a tumbrel*, a clapped out rusty/crusty
pick-up with a stock rack or cage in the bed would seem
suitable. A few left over cow patties in the bed from the
last trip to the sales barn or slaughterhouse would seem
appropriate.
* http://dictionary.reference.com/browse/tumbrel

Hanging or lynching is much more in keeping with American
traditions than beheading, and firing squads, although very
popular in Latin America, have largely been limited to
military executions in this country. One possible update is
the substitution of polypropylene rope for hemp rope, both
because of the cost savings, and the wider availability of
polypropylene. The traditional 13 turn noose knot can also
be eliminated, as most any slip knot should work, saving yet
more rope.

On Mon, 01 Aug 2011 19:06:43 -0500, F. George McDuffee
wrote:

On Sun, 31 Jul 2011 14:15:59 -0700, Gunner Asch
wrote:

I would however suggest a parallel explication (with the
same outcomes), namely nations, like people, political
parties, and corporations have finite life spans. What
appears to be unusual is the speed with which the
end-of-life developments, equivalent to senescence,
obsessions, paranoia, and Alzheimer's in an elderly
individual, have occurred.

Guillotine!!!! Guillotine!!!!!

Folks think Im absolutely nutz when I talk about the Great Cull..when
all one needs to do is look at France..circa 1789
=============

That was in a time long, long ago in a country that was far,
far away. Rather than simply adopting obsolete foreign
practices, it would appear better to put a distinctive
American stamp on new and updated procedures.

For example, rather than hauling the prisoners to the site
of executions in a tumbrel*, a clapped out rusty/crusty
pick-up with a stock rack or cage in the bed would seem
suitable. A few left over cow patties in the bed from the
last trip to the sales barn or slaughterhouse would seem
appropriate.
* http://dictionary.reference.com/browse/tumbrel

Hanging or lynching is much more in keeping with American
traditions than beheading, and firing squads, although very
popular in Latin America, have largely been limited to
military executions in this country. One possible update is
the substitution of polypropylene rope for hemp rope, both
because of the cost savings, and the wider availability of
polypropylene. The traditional 13 turn noose knot can also
be eliminated, as most any slip knot should work, saving yet
more rope.


Actually..barbed wired works far better as a hanging medium. We have
millions and millions of miles of it, it doesnt rot or stretch, and it
has a very good load bearing range for the fatties.

And it can be found just about anywhere.

But yeah..I like the idea of the 71 Dodge pickup as a tundrel. Perhaps
one tire should be obviously low for charector and very poorly spray
painted in spray can flat black as something of a ID symbol.

Good thinking!

Gunner

--
"The danger to America is not Barack Obama but a citizenry
capable of entrusting a man like him with the Presidency.
It will be far easier to limit and undo the follies of an
Obama presidency than to restore the necessary common sense
and good judgment to a depraved electorate willing to have
such a man for their? president.. Blaming the prince of the
fools should not blind anyone to the vast confederacy of
fools that made him their prince".

Gunner,


Peace offering...


The Agenda - Grinding America Down
http://www.youtube.com/watch?v=xQf_QfitmKE

F. George McDuffee wrote:
On Sun, 31 Jul 2011 11:16:49 -0500, CaveLamb
wrote:

The Causes of the French Revolution were those significant historical factors
that led to the revolution of 1789 in France.
snip lots of good stuff

Your data appears to be correct and logically leads to the
most unfortunate conclusions for the average American
citizen and creditor.

I would however suggest a parallel explication (with the
same outcomes), namely nations, like people, political
parties, and corporations have finite life spans. What
appears to be unusual is the speed with which the
end-of-life developments, equivalent to senescence,
obsessions, paranoia, and Alzheimer's in an elderly
individual, have occurred.



Very much what I thought as well.
Although you made a better analogy of it.


In the good news category, my VA pension just showed up in my
checking account today. Well, it's good news for me anyway.


--

Richard Lamb
http://www.home.earthlink.net/~cavelamb
http://www.home.earthlink.net/~sv_temptress

On Sun, 31 Jul 2011 18:18:27 -0500, CaveLamb
wrote:

F. George McDuffee wrote:
On Sun, 31 Jul 2011 11:16:49 -0500, CaveLamb
wrote:

The Causes of the French Revolution were those significant historical factors
that led to the revolution of 1789 in France.
snip lots of good stuff

Your data appears to be correct and logically leads to the
most unfortunate conclusions for the average American
citizen and creditor.

I would however suggest a parallel explication (with the
same outcomes), namely nations, like people, political
parties, and corporations have finite life spans. What
appears to be unusual is the speed with which the
end-of-life developments, equivalent to senescence,
obsessions, paranoia, and Alzheimer's in an elderly
individual, have occurred.



Very much what I thought as well.
Although you made a better analogy of it.


In the good news category, my VA pension just showed up in my
checking account today. Well, it's good news for me anyway.
================

Thanks for the positive feedback.

I don't know if this is a cause or effect (or neither), but
the current US congress is one of the oldest since records
have been kept. This would seem to be an argument for both
term limits and mandatory annual physical/mental
examinations of members over the age of 65.

F. George McDuffee wrote:
On Sun, 31 Jul 2011 18:18:27 -0500, CaveLamb
wrote:

F. George McDuffee wrote:
On Sun, 31 Jul 2011 11:16:49 -0500, CaveLamb
wrote:

The Causes of the French Revolution were those significant historical factors
that led to the revolution of 1789 in France.
snip lots of good stuff

Your data appears to be correct and logically leads to the
most unfortunate conclusions for the average American
citizen and creditor.

I would however suggest a parallel explication (with the
same outcomes), namely nations, like people, political
parties, and corporations have finite life spans. What
appears to be unusual is the speed with which the
end-of-life developments, equivalent to senescence,
obsessions, paranoia, and Alzheimer's in an elderly
individual, have occurred.


Very much what I thought as well.
Although you made a better analogy of it.


In the good news category, my VA pension just showed up in my
checking account today. Well, it's good news for me anyway.
================

Thanks for the positive feedback.

I don't know if this is a cause or effect (or neither), but
the current US congress is one of the oldest since records
have been kept. This would seem to be an argument for both
term limits and mandatory annual physical/mental
examinations of members over the age of 65.




I'd like to see the psych report BEFORE the election.
But like so many other good ideas, I doubt that congress
will ever vote for it...

Is there really no mechanism for a national referendum?



--

Richard Lamb
http://www.home.earthlink.net/~cavelamb
http://www.home.earthlink.net/~sv_temptress

On Mon, 01 Aug 2011 01:52:39 -0500, CaveLamb
wrote:
snip
I don't know if this is a cause or effect (or neither), but
the current US congress is one of the oldest since records
have been kept. This would seem to be an argument for both
term limits and mandatory annual physical/mental
examinations of members over the age of 65.

I'd like to see the psych report BEFORE the election.
But like so many other good ideas, I doubt that congress
will ever vote for it...

Is there really no mechanism for a national referendum?
================
Indeed! Perhaps we could weed out the Wus and Wieners before
they get [re]elected, but in any event we don't need senile
Congressmen, or those that must vote from stretchers.
Before the flames start, both parties have excessive numbers
of moon bats, dirty old men, and dotards in leadership
positions and political office to be ever again be entrusted
to do the "right thing" and lead the country. But then
again Congress is supposed to be [and is] a representative
body...

On 7/31/2011 11:03 PM, F. George McDuffee wrote:
On Sun, 31 Jul 2011 18:18:27 -0500, CaveLamb
wrote:

F. George McDuffee wrote:
On Sun, 31 Jul 2011 11:16:49 -0500, CaveLamb
wrote:

The Causes of the French Revolution were those significant historical factors
that led to the revolution of 1789 in France.
snip lots of good stuff

Your data appears to be correct and logically leads to the
most unfortunate conclusions for the average American
citizen and creditor.

I would however suggest a parallel explication (with the
same outcomes), namely nations, like people, political
parties, and corporations have finite life spans. What
appears to be unusual is the speed with which the
end-of-life developments, equivalent to senescence,
obsessions, paranoia, and Alzheimer's in an elderly
individual, have occurred.



Very much what I thought as well.
Although you made a better analogy of it.


In the good news category, my VA pension just showed up in my
checking account today. Well, it's good news for me anyway.
================

Thanks for the positive feedback.

I don't know if this is a cause or effect (or neither), but
the current US congress is one of the oldest since records
have been kept. This would seem to be an argument for both
term limits and mandatory annual physical/mental
examinations of members over the age of 65.


Rather than place the blame on the age or mental infirmity of the
members of congress I think it's more appropriate to place the blame for
our current problems at the source, the American people.

America is a disunited country. It always has been except for very short
times in which there was some kind of calamity. America is a lot like
the Soviet Union except we didn't force people into our union. We do
force them to stay though.

Being such a disunited group of people as we are we have far too many
regional, racial, social, and political, differences that divide us. The
consequence of so many differences is that finding consensus is just
about impossible on almost any issue. It's really a miracle that the
politicians are able to forge any kind of deal when you understand how
many factions are opposed to any proposition.

If the people wouldn't elect such diverse people to represent them we
could come to agreements a lot easier. But when the people are
themselves so different from each other how can you expect them to agree
on things they will never see eye to eye on?

That's why I think breaking the country up into smaller more homogeneous
groupings would be beneficial to all. Instead of asking the red states
to agree with the blue ones why not just ask the red states to be their
own country? Let the old Confederate states become a country. All the
conservatives could go there and be happy. So would the rest of us if
they left.

It could be like Liberia was for blacks except for right wingers. I say
let the right wingers have a country of their own, the south. Then the
rest of us can go on and run our country like we want without the
constant strife we have because of having to deal with the right wing.

Hawke

CaveLamb wrote:



Very much what I thought as well.
Although you made a better analogy of it.

When are you numbskulls going to get it thru your heads that
US federal debt is not the problem
It is not even A problem much less THE problem.

The massive private sector debt is and always has been the problem.
The private sector is what brought the economy to its knees
the government and government debt had absolutely nothing
to do with it

Now we had people in government like Russ Feingold that wanted to
regulate the banks and lending and wanted to stop the runaway train
before it went over the cliff, but the public canned him.
The public doesn't want the government to regulate the banks
and so the government doesn't regulate the banks
You can't blame that on the gov.
The public gets rid of anybody who tries.

Right now the banks are claiming huge amount of profits
when in fact they have no income at all
What they have is enormous liquidity due to households and small
businesses paying back debt and saving and
they have trillions in phony assets on the books
those assets are still being valued at 2007 values (or higher)
even though there is no realistic hope of selling at book values
And the interest due on these trillions in assets is still
being counted as income based only on the prayer that someday
they will be able to sell and collect that income from the sale proceeds

meanwhile the banks are spending lavishly
they are paying Executives like never before
and to do this they use money that they really don't own.
The banks (and other financial institutions) are enormously in
debt and even though today they are reporting profits
in reality they are just digging the hole they are in even deeper

And when the **** Hits The Fan its the tax payers that will
bail the banks out again
and the guys who made billions will laugh and walk away unscathed

And this isn't the governments fault. Anybody in government who
tries or has tried to do something about this gets canned by the public.
Anybody who says the government should seize the banks books
and put an end to the fraud therein gets labeled a socialist and
is
tossed out the door.

the private debt and its consequence caused the recession
And private debt is what is driving the slow recovery
This is a classic market failure of unprecedented proportions and
the voting public is telling the government to stand aside and let
the market perform its magic.



In the good news category, my VA pension just showed up in my
checking account today. Well, it's good news for me anyway.

If the government checks stop coming its all going south
very fast.

The house of cards that fell apart 3 summers ago has been hastily
rebuilt. It is now even higher and more flimsy than it was then.
and the only thing keeping it all from collapsing is what the gov
spends in excess of what it takes in.

Three years ago it all collapsed because of attempt to reign in
government spending that left the private debt hanging way too
far over the ledge and it fell off.
The market response to cutting back gov spending was swift then, but
it will be even swifter this time around.

Washington is not going to cause another collapse now.
Every single Congressman knows that
They know it will all collapse if they don't continue
funding the deficit and so they will continue the deficit.

There is not even a ghost of a chance the government will
try to run with a balanced budget anytime in the foreseeable future

-jim



--

Richard Lamb
http://www.home.earthlink.net/~cavelamb
http://www.home.earthlink.net/~sv_temptress

Wait a minute, jim.

I paid off all my debts YEARS before the banks poked
a hole in their bubble.

I use my credit cards regularly, but I pay them off every month
and carry NO balance. Even though a disabled VA pension WITH SSDI
is still well-below-poverty-level income.
I use a credit Union, not a bank.
I don't own stocks or play the market (what a ludicrous thought!)

It's called "living within your means".

If the government money quit coming in I'd move aboard the boat
and STILL live within my means.

So who are you calling numskull?

As for government debt, please take note that this is NOT the same
situation we have ever been in before.

You said that the people didn't want banks regulated?
Balderdash!
It's the BANKS who don't want banks regulated.
Sure, stupid people do stupid things when they get the chance.
But it wasn't "the people" who bribed congress to change those laws.
It's the banks who are worming out from under the new regulations too.

But all that (banking and politics) is handled WAY above my pay grade.
I have one vote to cast, and no psych reports to base my decision on.


Richard

CaveLamb wrote:

Wait a minute, jim.

I paid off all my debts YEARS before the banks poked
a hole in their bubble.

So what is your point. Are you saying that by doing that somehow
incapacitated your brain and that justifies superfluous
whining about non-existent problems?

What connection are you trying to make between your personal
debt (or lack thereof) and anything that I said.

I never said there is something evil or wrong about debt
Debt is a necessary component for a thriving economy
The problem is the private sector have developed
an enormous adverse reaction to debt.
This sudden and deep aversion to borrowing is the cause
of the economic collapse

This is what caused a recession and that is why the nation
cannot recover from that economic downturn


The problem is
There are just way too many people and small businesses
who refuse to borrow. And since they are also paying back loans and
trying to save whatever they can that is a huge drain on the economy.
here is a brief explanation of this phenomenon

http://www.beezernotes.com/wordpress/?p=4202

But its really worse than that
this current push in the private sector to save
is putting a lot of liquidity in the hands of bankers who are
simply stealing it.

the bankers do this because they know its all going to fall apart
again and this time they are not going to be caught
with their pants down around their ankles like in 2008
This time they are going to have their **** together and
have cashed in their chips before it all crashes down



I use my credit cards regularly, but I pay them off every month
and carry NO balance. Even though a disabled VA pension WITH SSDI
is still well-below-poverty-level income.
I use a credit Union, not a bank.
I don't own stocks or play the market (what a ludicrous thought!)

It's called "living within your means".

So everything is hunky-donky and your French revolution
diatribe was just some silly blather?



If the government money quit coming in I'd move aboard the boat
and STILL live within my means.

So who are you calling numskull?

You. but It is not the skull - its what's inside that's numb



As for government debt, please take note that this is NOT the same
situation we have ever been in before.

Bull ****. The US Government had twice as much debt
compared to national income just 60 years ago and
when debt reached that level there was zero negative impact.

There is a long long way to go before
it is the same situation that we have been in before.
We can run a deficit at the current level for another 20
years before we reach the same level of debt to national income
we were at the end of WW2

You are looking at a non-existent problem and
ignoring the real problems



You said that the people didn't want banks regulated?
Balderdash!
It's the BANKS who don't want banks regulated.
Sure, stupid people do stupid things when they get the chance.
But it wasn't "the people" who bribed congress to change those laws.
It's the banks who are worming out from under the new regulations too.

There are pretty much no new bank regulations.
And it never was even a matter of lack of regulations anyway
the regulations against fraud exist but the government
is constrained from interfering in the private markets

And that is policy promoted and approved by voters.



But all that (banking and politics) is handled WAY above my pay grade.
I have one vote to cast, and no psych reports to base my decision on.

How is that a valid excuse for pointing at a nonexistent problem (like
an acorn hitting your head) and jumping up and down shouting
"The sky is falling. The sky is falling"

-jim



Richard

On Sun, 31 Jul 2011 13:39:17 -0500, F. George McDuffee
wrote:

On Sun, 31 Jul 2011 11:16:49 -0500, CaveLamb
wrote:

The Causes of the French Revolution were those significant historical factors
that led to the revolution of 1789 in France.
snip lots of good stuff

Your data appears to be correct and logically leads to the
most unfortunate conclusions for the average American
citizen and creditor.

I would however suggest a parallel explication (with the
same outcomes), namely nations, like people, political
parties, and corporations have finite life spans. What
appears to be unusual is the speed with which the
end-of-life developments, equivalent to senescence,
obsessions, paranoia, and Alzheimer's in an elderly
individual, have occurred.


Gibbons wrote, in part:

But the decline of XXXXX was the natural and inevitable effect of
immoderate greatness. Prosperity ripened the principle of decay; the
causes of destruction multiplied with the extent of conquest; and as
soon as time or accident had removed the artificial supports, the
stupendous fabric yielded to the pressure of its own weight. The story
of its ruin is simple and obvious; and instead of inquiring why the
XXXXX was destroyed, we should rather be surprised that it had
subsisted so long.

Substitute as you wish for "XXXXX".

Cheers,

John B.