Liberty is an inherently offensive lifestyle. Living in a free society guarantees that each one of us will see our most cherished principles and beliefs questioned and in some cases mocked. That psychic discomfort is the price we pay for basic civic peace. It's worth it. It's a pragmatic principle. Defend everyone else's rights, because if you don't there is no one to defend yours. -- MaxedOutMama

I don't just want gun rights... I want individual liberty, a culture of self-reliance....I want the whole bloody thing. -- Kim du Toit

The most glaring example of the cognitive dissonance on the left is the concept that human beings are inherently good, yet at the same time cannot be trusted with any kind of weapon, unless the magic fairy dust of government authority gets sprinkled upon them.-- Moshe Ben-David

The cult of the left believes that it is engaged in a great apocalyptic battle with corporations and industrialists for the ownership of the unthinking masses. Its acolytes see themselves as the individuals who have been "liberated" to think for themselves. They make choices. You however are just a member of the unthinking masses. You are not really a person, but only respond to the agendas of your corporate overlords. If you eat too much, it's because corporations make you eat. If you kill, it's because corporations encourage you to buy guns. You are not an individual. You are a social problem. -- Sultan Knish

All politics in this country now is just dress rehearsal for civil war. -- Billy Beck

Friday, June 12, 2009

90 Days and Counting

90 Days and Counting

This year's Gun Blogger's Rendezvous is now 90 days away and closing. I've made my hotel reservations (9/10-9/12, checking out Sunday) and put in for vacation.

I want to reiterate: this isn't a trade show, a sales meeting, or multi-level marketing - it's a gathering of people of like mind for three or four days of fun, conversation, food, drink, recreational shooting, and other adult activities. And it takes place right next door to Circus Circus, where the kiddies can have a good time too! (My wife and I are bringing the grandkids this year, I think.)

BUT the Rondy is sponsored (thanks to tireless efforts by Mr. Completely, the organizer of this thing) by several of the major players in the field:

Para USA

Hi Point Firearms

Dillon Precision

Brownell's

and this year, GLOCK

And others - and this year, me, since I'm donating a Para myself.

That is to say, there's a lot of swag at this thing, and the chance to win some pretty damned nice stuff. (I've brought home a damned nice Brownell's range bag, a Dillon Border Shift ammo bag, some Brownell's AR15 magazines, and other stuff.) Plus, we raise money for a very good charity, Project Valour IT.

A lot of the blogger attendees of May's NRA convention 2A Blog Bash have said that the thing they wish they could have done more of was interact with sit around and shoot the shit with the other bloggers.

This is the event for that.

This year as an extra added bonus we will have as our guest of honor Alan Gura, the lawyer who argued D.C. v. Heller in front of the Supreme Court and won, and who will (hopefully) be arguing NRA v. Chicago before it in the not-too-distant future. How can you pass up that opportunity?

Hey, Mike Vanderboegh might even show up. (I'm still hoping U.S. Citizen gets Summer Glau to appear, but . . .)

And you don't even need to be a blogger! Want to meet the people you read? C'mon down! The more the merrier!

Plus, Reno in September should be beautiful. (Not f*^king freezing and snowing like last year! Unless Al Gore plans on being in town that weekend.)

So scrape your pennies together now, and sign up! September isn't that far away!

$134.5 Billion in Bonds?


(Found at AR15.com)
2 Japanese carrying $134 bil worth of U.S. bonds detained in Italy

ROME —

Two Japanese nationals were detained by Italian financial police last week after trying to enter Switzerland with $134 billion worth of undeclared U.S. bonds, mostly Treasury bonds, an Italian daily said Wednesday. The Japanese consulate general in Milan confirmed that the detention had taken place and said it was trying to confirm with Italian authorities whether the two were indeed Japanese nationals and their identities.

According to the report in il Giornale, two unidentified Japanese in their 50s concealed the bonds, including 249 U.S. Treasury bonds each worth $500 million, in a suitcase with a false bottom that was searched by the Italian authorities June 3 when they were in Chiasso, at the border with Switzerland, about 50 kilometers north of Milan. The daily did not say on what charges they have been detained, but the two may have been detained on suspicion of attempting to take a large amount of securities out of Italy without declaring it because the paper said they had not declared the bonds.
Note the date in the original article - June 3.

More:
Italy Seizes $135 BILLION Of US Bonds

This is a totally crazy story.

Asia Times: Italy’s financial police (Guardia italiana di Finanza) has seized US bonds worth US 134.5 billion from two Japanese nationals at Chiasso (40 km from Milan) on the border between Italy and Switzerland. They include 249 US Federal Reserve bonds worth US$ 500 million each, plus ten Kennedy bonds and other US government securities worth a billion dollar each.

The question now is whether the bonds are real or counterfeit

Karl Denninger, who discovered the story, notes that either way, this is wild:
If they're real, what government (the only entity that would have such a cache) is trying to unload them?

If they're fake, this is arguably the biggest counterfeiting operation ever, by a factor of many times. I've seen news about various counterfeiting operations over the years that have made me chuckle, but this one, if that's what it is, is absolutely jaw-dropping.

The cute part of this is that if the certificates are real Italy just got a hell of a bonanza - their money laundering laws provide for a statutory 40% penalty for failure to declare instruments and cash in excess of $10,000 Euros, which means they'd garner a close-to-$40 billion dollar windfall.
We're leaning towards counterfeit on this one. Either way, we wanna know more!
Me too. Here's a picture of the seized bonds:


A poster at ARFCOM found this interesting coincidence:
Yosano Says Japan’s Trust in Treasuries ‘Unshakable’

June 12 (Bloomberg) -- Japanese Finance Minister Kaoru Yosano said his government is confident about the outlook for U.S. Treasuries, signaling the second-biggest foreign holder of the securities will keep buying them amid record sales.

"We have complete trust in the fact that the U.S. views its strong-dollar policy as fundamental," Yosano, 70, said in an interview in Tokyo on June 10 before attending a Group of Eight meeting of finance ministers starting today in Italy. "So our trust in U.S. Treasuries is absolutely unshakable."

China and Russia, the largest and third-largest single holders of the debt, have said they may switch some of their reserves out of Treasuries, and economist Nouriel Roubini said yesterday the dollar won't always be the world’s reserve currency. Treasury yields fell today after Yosano's remarks, retreating from a seven-month high.

"Japan is, of course, mindful that selling Treasuries will cause the yen to strengthen and that would hurt corporate profits," said Chotaro Morita, chief strategist in Tokyo at Barclays Capital Japan Ltd. in Tokyo. "Even with their strong ties, it's possible Japan would consider selling U.S. Treasuries should the dollar say, halve in value."
RTWT. If it IS the Japanese government, $134.5 billion represents about a quarter of their current holdings in U.S. bonds.

Another Bloomberg report from today:
Japan Probes Report Two Seized With Undeclared Bonds

June 12 (Bloomberg) -- Japan is investigating reports two of its citizens were detained in Italy after allegedly attempting to take $134 billion worth of U.S. bonds over the border into Switzerland.

“Italian authorities are in the midst of the investigation, and haven’t yet confirmed the details, including whether they are Japanese citizens or not,” Takeshi Akamatsu, a spokesman for the Ministry of Foreign Affairs, said by telephone today in Tokyo. “Our consulate in Milan is continuing efforts to confirm the reports.”

An official at the Consulate General of Japan in Milan, who only gave his name as Ikeda, said it still hasn’t been confirmed that the individuals are Japanese. “We are in contact with the Italian Financial Police and the Italian Public Prosecutor’s Office,” Ikeda said by phone today.

The Asahi newspaper reported today Italian police found bond certificates concealed in the bottom of luggage the two individuals were carrying on a train that stopped in Chiasso, near the Swiss border, on June 3.

The undeclared bonds included 249 certificates worth $500 million each, the Asahi said, citing Italian authorities. The case was reported earlier in Italian newspapers Il Giornale and La Repubblica and by the Ansa news agency.
So it appears that the story isn't B.S.

Tinfoil hat time?

UPDATE: More here.

Quote of the Day

Quote of the Day
It's not about that. It is about gaining power for your segment of the population. More specifically, it's about gaining some control over the government's use of power. That's all that this global warming movement is about ... it is a fraud and a scheme created to empower people who would otherwise be selling Che Guevara t-shirts at a street fair.

Neal Boortz, THE GLOBAL WARMING MOVEMENT ISN'T ABOUT THE ENVIRONMENT
Yup.

Thursday, June 11, 2009

Men are Pigs

Men are Pigs

But I have to admit, this made me laugh until I cried:


From an AR15.com thread on the subject of a certain actress. (*WHEW*) Had to wipe off the tears.

Damn. I'm such a neanderthal.

Quote of the Day

Quote of the Day
Philosopher Bertrand Russell suggested that "Men are born ignorant, not stupid. They are made stupid by education." And, it was Albert Einstein who explained, "Insanity: doing the same thing over and over again and expecting different results." So which is it -- stupidity, ignorance or insanity -- that explains the behavior of my fellow Americans who call for greater government involvement in our lives?

According to latest Rasmussen Reports, 30 percent of Americans believe congressmen are corrupt. Last year, Congress' approval rating fell to 9 percent, its lowest in history. If the average American were asked his opinion of congressmen, among the more polite terms you'll hear are thieves and crooks, liars and manipulators, hustlers and quacks. But what do the same people say when our nation faces a major problem? "Government ought to do something!" When people call for government to do something, it is as if they've been befallen by amnesia and forgotten just who is running government. It's the very people whom they have labeled as thieves and crooks, liars and manipulators, hustlers and quacks.

Walter E. Williams, Americans Love Government
Sounds suspiciously similar to the Gell-Mann Amnesia Effect. Those are the opening paragraphs. Read the rest.

Nice of 'Em to Actually Admit It

Nice of 'Em to Actually Admit It

Dancing in the blood of the slain, that is:
Gun controllers say rampage aids cause

Gun-control advocates seized on the Holocaust Museum shooting Wednesday to call on Congress to reverse its drift toward loosening firearms restriction.

They said it highlights the need for lawmakers to reconsider efforts to ease the District's tough gun laws and allowing firearms into national parks.

D.C. Council Chairman Vincent C. Gray said the shooting underscored the need for strict gun laws in the nation's capital.
Uh, right. The shooter was a convicted felon. The law said: A) He couldn't possess a firearm. B) he couldn't carry a firearm into the museum. C) He was prohibited by law from firing a firearm in the city. And D) Murder is a crime.

So we need more laws to prevent his actions?

"The philosophy cannot be wrong! Do it again only HARDER!!"

The gun ban, er control, um safety groups still aren't getting any traction. I've covered this before, in Birchwood, Wisconsin is Not Hungerford, England. Neither is Washington, D.C.

(h/t: Uncle)

Wednesday, June 10, 2009

Rightwing Extremist Military Veteran Lone Wolf Terrorist

. . . shoots two guards at the Holocaust museum in Washington, D.C., killing one.

The Left and the media (but I repeat myself) are now touting the recent DHS "Rightwing Extremist" document as prophetic.

The guy was an 88 year-old WWII veteran and ex-con, white supremacist, holocaust denier, and general nutball. Oh, and illegally in possession of a .22 caliber rifle.

I am reminded, however, of a quote from Neil Strauss' recent bestseller Emergency: This Book Will Save Your Life:
Few of the most brutal periods in medieval history - from the sack of Rome to the early Inquisition - were as coldly barbaric as what happened in our supposedly enlightened modern Western civilization.

And though I left the (Holocaust) museum with the reassuring message that the world stood up and said "never again" to genocide, it only took a minute of reflection to realize that it happened again - immediately. In the USSR, Stalin continued to deport, starve, and send to work camps millions of minorities. As the bloody years rolled on, genocides occurred in Bangladesh in 1971, Cambodia in 1975, Rwanda in 1994, and in Bosnia in the mid 1990s.

All these genocides occurred in ordinary worlds where ordinary people went about ordinary business. The Jews were integrated into every aspect of the German social and professional strata before the Holocaust. The entire educated class in Cambodia - teachers, doctors, lawyers, anyone who simply wore glasses - was sent to death camps. And as Philip Gourevitch wrote in his book on the Rwandan massacre, "Neighbors hacked neighbors to death in their workplaces. Doctors killed their patients, and schoolteachers killed their pupils."

--

So what I ultimately learned at the Holocaust Museum was not "never again," but "again and again and again."
Chew on that.

I Know I'm Going to Regret This

I Know I'm Going to Regret This . . .

. . . but it needs to be done.

Billy "Doesn't Play Well With Others" Beck has once again more than eloquently expressed his overweening misanthropy, not just here but at his own blog, and since Mr. Beck doesn't allow comments at his site I figured I'd go ahead and stick the proverbial fork in the wall outlet here at TSM. It seems Mr. Beck was less than enamored of Bill Whittle's recent video paean to Star Trek, TOS after Maureen Dowd's attempt to hijack it for her own nefarious purposes:
If that guy is what passes for an intellect in these times, we are more fucked than I have previously imagined, although it doesn't surprise me.
Mr. Beck expounded further at his own site on the topic, sort of (excerpts, skipping multiple contemptuous references to Glenn Reynolds):
If you're going to take seriously someone who dresses up in a goddamned Star Trek outfit and tells you that reason and logic are impotent, in order to explain the intellectual rot in America today, then you deserve where you're going.

--

As for Whittle, he's a wanker and a creep. Sooner or later, he will expose himself to the dumbest among you, and I am content with all I have to say about him until then.
Odd, that wasn't the message I took from Whittle's piece at all, but then I'm not the towering philosophical intellect Mr. Beck is and have never claimed to be. Still, somehow I doubt that that was Billy's last word on Mr. Whittle.

Thus I generated this:


We're just not worthy to share the planet with you, Billy. Mea culpa, mea maxima culpa. Please forgive us and allow us to scrape lick the mud off your boots, since that's apparently all we're suited for.

UPDATE: Billy posts a response:
You're wrong.

Again.
Of course. That's what the poster says!

UPDATE II: Apparently I struck a nerve. Via email:
That's my photograph, and I'm not going to let you use it for that.

You will take it down, quietly or with an explanation to your audience --
it doesn't matter to me -- but you will take it down as fast as you can
arrange it after you see this.
It's not worth the hassle of arguing over it. I've had enough of Drama Llamas for one month. Use your imaginations. Or just go here.

UPDATE III: Since I asked him, Beck sent me a picture with permission to use it for the poster. Picture updated. Who says Billy doesn't have a sense of humor?

Quote of the Day - Primary Source


From a post at Samizdata:
At 47, I lament how today's America is far less free than the country of my youth. Replacing it is not a 1984ish totalitarian dictatorship, but what Alexis de Tocqueville called the 'soft tyranny' of what Mark Levin sees as a 21st century 'nanny state'. We so feared a Stalin or Hitler that we ignored endless assaults on our liberty by idealistic home-grown statists and the seductive narcotic of ever more government goodies buying our acquiescence. What makes Americans' surrender to statism so shameful is that we freely chose this course in direct contravention of our founding principles.

Nowhere have we seen such an accelerating atrophy of our freedom as in K-12 public schools where recent decades have witnessed far more books banned, and not some print version of Debbie Does Dallas. No, literary classics like J.D. Salinger's Catcher in the Rye and Mark Twain's Huck Finn are verboten - required reading in those decadent days of my 1970s high school. But educrats with the backbone of a large worm now avoid anything controversial.

Students have far less choice of classes in high school, and often teachers can not make their own lessons since they must teach the test so schools can make "adequate yearly progress". Only about 40 percent of my college students say they ever discussed any controversial issues in high school. My high school classes revelled in such debate.
The author is Douglas Young, Professor of Political Science & History at Gainesville State College in Gainesville, GA.

RTWT. And note the title of his piece.

Tuesday, June 09, 2009

Quote of the Day


In its entirety, a rant of beauty by LabRat right here in my comments:
I just finished reading this whole thread after looking at it once when the number of comments was 3.

UJ and others are doing quite all right at the quote-fisk game. They have that covered.

So far as I can determine from having read Round XIV of Markadelphia versus everyone else including, apparently, Fox News and an imaginary army of slavering violent right-wing neojihadists who will begin mutilating the genitals of women, blowing up school buses, introducing compulsory Christianity on pain of death, and outlawing nonBiblical education just as soon as, um, they finish their beers or something, the following is the grounds for argument. I provide so we can understand each other better, and as we all know all conflict stems from a lack of understanding.

Furthermore, any and all dishonest or incompetent thing that any liberal does- especially Mark himself- is just fine because unidentified conservatives do it all the time only more betterer and Dick Cheney said something about it just last week and by the time you finish watching the obvious violent enemy of all that is good in the world by watching Fox News we'll have entirely forgotten whatever thing Mark the liberal did because LOOK A PONY

Conservatives are bad, terrible people that hate freedom and anyone different from them and education and intelligence and success and the beautiful flower of human reasoning and hope and we will all be better off just as soon as we've gotten rid of them. Oh, and the worst thing about them is they try to fool you into seeing your normal fellow Americans with different opinions as stupid and evil.

If you have ever agreed with a Republican about anything you obviously LOVED it when Bush spent like a drunken trophy wife with no plan for debt and you're a HUGE HYPOCRITE for disapproving of Obama spending like a drunken Imelda Marcos with no plan for debt. Also you hate doing ANYTHING about ANY problem and you just want problems to continue because you hate change. Any sputtering about how you actually want to overhaul most of American government, just not the same way Obama does, IS VICIOUS LIES. So stop lying, dammit! It gets us nowhere.

Obama has proved forever he's nonpartisan because he's kept basically the entirety of Bush's evil antihuman terror policies also Republicans never have useful plans except when they do only it's evil but not after Obama redeems it SO DO YOU THINK WE SHOULD WATERBOARD DEMOCRATS OR WHAT? HUH, YOU LIBERTY-HATING SECURITY FREAK oh hey pony

We will spend our way out of this recession even though I said that was lies and foolishness when it was the Bush administration and we should believe Obama utterly on this because he's said he'll make mistakes. The economy will turn around under his policies because the Republican policies I will now make up wouldn't work.

And now I'll make a prediction. One week from now, in a distant other thread of the FUTURE:

"Taxes? Economy? Torture? Libel? Stop waving all those links to sourced information. What the hell do you people want from me, I have a life, I don't have time to feed your goddamn pony."
LabRat, I am not worthy. Thank you for that inspired response. I hereby tag this post with the coveted "Moment of Zen" tag.

Monday, June 08, 2009

Bill Whittle: Anti-Intellectual Rightwing Extremist

The entire premise of the new movie is that Spock takes an extraordinary risk to make sure that he himself is not sitting in the command chair because no one knows more than Spock just how dangerous it is to have an intellectual in charge.
You HAVE to watch the thing all the way through the credits!

Mr. Whittle, I bow in your general direction. We are not worthy.

Now, get to work on the new "Common Sense."

Sunday, June 07, 2009

Kids, Don't Do Drugs


They cause you do to stuff like this to guns:














Found at AR15.com

Saturday, June 06, 2009

Prophecy


Given President Obama's recent Middle-East Apology Tour speeches, I am reminded of a Quote of the Day from last October, and the prediction of another damned fine intellectual, Thomas Sowell:
"There is such a thing as a point of no return," he says. If Obama wins the White House and Democrats expand their majorities in the House and Senate, they will intervene in the economy and redistribute wealth. Yet their economic policies "will pale by comparison to what they will do in permitting countries to acquire nuclear weapons and turn them over to terrorists. Once that happens, we're at the point of no return. The next generation will live under that threat as far out as the eye can see."

"The unconstrained vision is really an elitist vision," Sowell explains. "This man [Obama] really does believe that he can change the world. And people like that are infinitely more dangerous than mere crooked politicians."
Ran across that perusing the archives for something else, and thought it bore repeating.

Quote of the Day


Obama will come to his senses with his ‘Bush did it’, reset button, moral equivalency, soaring hope and change, with these apologies to Europeans, his Arab world Sermons on the Mount to Al Arabiya, in Turkey, in Cairo, etc., his touchy-feely videos to Iran, his “we are all victims of racism” sops to Ortega, Chavez, and Morales. It is only a matter of when, under what conditions, how high the price we must pay, and whether we lose the farm before he gains wisdom about the tragic universe in which we live.

A sojourn at an elite university, you see, can sometimes become a very dangerous thing indeed.

Victor Davis Hanson, Works and Days, The Reckoning
A very good piece on why so many people connected to reality are considered "anti-intellectual," written by a damned fine intellectual. RTWT.

Friday, June 05, 2009

But the Stimulus PASSED

But the Stimulus PASSED!

The blog Innocent Bystanders has been keeping track of the unemployment numbers compared to the projections of the Obama economic team (PDF) back in January. Granted, the team acknowledged "there is substantial uncertainty around all of our estimates", but still . . .

Here's their chart with the unemployment data released today:


Now, it's been a while since I took a math class, but I don't see the data even starting to indicate a decrease in slope. Using some admittedly crude tools, here's the graph with the new data points linked:


To me, it looks like the slope is, if not linear, increasing. It's definitely not nosing over. Yet.

Of course, the claim now would be that "if the Stimulus plan had not passed, it would be WORSE!" Perhaps. But it does indicate that the best and brightest minds on the Obama team weren't even close in their January projections.

As Glenn keeps saying, "The country is in the best of hands." Personally, I think "flyfisher" has his finger on the economic pulse of the country.

UPDATE 6/7: Someone else notices the same thing, and uses better graphics tools.

Don't MAKE US Come BACK THERE!

Don't MAKE US Come BACK THERE!

Tam had a very interesting post this morning:
Remember when you were little and you were whining to go to Disneyland or order a large pizza for supper or to get that shiny new toy, and your dad said "No, we can't afford it."

He said that because he was a grownup, and it was his job to be responsible.

We need a new political party in Washington, to get the checkbook away from the 537 people who have been kiting checks like a runaway teenager who boosted mom's purse. Not the G.O.P., because they're part of the problem.

We will call ourselves the G.U.P.: the GrownUp Party, and our motto will be "No we can't!"

Chant it with me now:

"But all the other kids have ice cream and free universal health care!"

"No we can't!"
RTWT.

Government has been incrementally taking on the responsibilities of our parents for decades, but only recently has it become too obvious to be ignored any longer. In 2005 when I wrote Tough History Coming, I quoted an Albuquerque Tribune piece by Jeffry Gardner entitled Save Us From Us. (The Trib is another paper that has failed, so the links are broken.) Here it is again, since it's pertinent:
During the 1992 presidential debates, there was a moment of absurdity that so defied the laws of absurdity that even today when I recall it, I just shake my head.

It was during the town hall "debate" in Richmond, Va., between the first President Bush and contenders Bill Clinton and Ross Perot.

A grown man - a baby boomer - took the microphone from the moderator, Carol Simpson of ABC News, and said, in a fashion: You're the president, so you're like our father, and we're your children.

See? My head's shaking already. Where did that come from? Would a grown man have told a president something like that 100 years ago - or 50?

We've got our wires crossed, and our ability to accept responsibility for our lives - once so ingrained in our American nature that President Kennedy felt comfortable telling us to "ask not what your country can do for you" - has been short-circuited. We've slouched en masse into an almost-childlike outlook: You're the president, so you're like our father.

The fact that an adult - on national television, no less - would say this and later be interviewed as though he'd spoken some profound truth struck me then, as now, as more than a little absurd. It was alarming.

That attitude certainly hasn't abated over the past 12 years. In fact, that helpless, innocent-child routine has crept into nearly all aspects of our culture.
At the top of this blog I have three quotes that are illustrative of the purpose for its existence. The third is from Kim du Toit:
I don't just want gun rights... I want individual liberty, a culture of self-reliance....I want the whole bloody thing.
I'm not sure there are enough grown-ups left. What adults there are out there sure as hell aren't in elected office. I'll join the G.U.P., but I'm afraid we'll have a smaller membership than the Greens. After all, we won't be offering to "bribe the public with the public's money." Hard to compete with that when the electorate isn't made up of grown-ups already.

Entropy wins.

You Know You're a Gun Nut When

You Know You're a Gun Nut When . . .

You see this:


(The character Finona from the USA series Burn Notice)

. . . and the first thought you have is "Her grip is screwed up. Her off-hand thumb behind the frame!"

(Picture courtesy of SondraK)

Phrases You Wish You'd Never Read

Phrases You Wish You'd Never Read
The Glock is as sexy as Helen Thomas in a thong bikini. - Robb Allen

Carradine was found with a rope tied around his genitals and another rope around his neck. - AP story on David Carradine's death.
I need to scrub out my mental image file with steel wool and acid now.

Thursday, June 04, 2009

Twenty Years Ago

Twenty Years Ago


There stands a man who has had enough.

He just needed about a million others to stand with him.

So do we.

UPDATE: The blog The Right Outlook expands upon this post.

I Don't Know Anything About Finance

I Don't Know Anything About Finance . . .

But I'm pretty sure this guy's right:
I'm an attorney and CPA and I've spent my career in the world of investment banking, hedge funds, and private equity, etc. Tell your mother I'm almost certain a depression is on the way and many of my colleagues believe the same thing because the math has finally caught up with us. However, I believe this depression will be worse than the 30's because, among other factors, Americans are no longer self-sufficient and we're burdened with debt we can never repay. I don't want to believe any of this, but I can't ignore what I know and see. I really hope I'm wrong. I hope those in charge figure out a way to kick the can down the road one more time, but I don't expect that because they would have to defy their Keynesian impulses. I fear it's too late.

flyfisher on June 3, 2009 at 10:36 PM

A comment left at a Hot Air post yesterday on a proposed tax on employee health insurance benefits. It was prompted by this comment, a few minutes earlier:

I was on the phone with my mother today (a Baby Boomer, born 1955), and we were discussing the fact - not possibility, but fact - that our economy will sink into a depression if Cap-and-Trade or "Healthcare Reform" is passed before the end of the year like Obama wants. My mom said, "I just can't believe that there's actually going to be a depression in my lifetime. We did this once already and didn’t learn anything from it?"

I was born in 1984, so I've known nothing but prosperity in my lifetime. Even so, I just can't believe that SO many Americans who remember the 70s learned NOTHING from the experience. I cannot believe that hardly a generation passes before socialism rears its ugly head again. I want the horrors I've read about to STAY in the history books - I don't want to live them. For the first time, though I'm frightened. I can prepare to some extent for inflation or the loss of a job, but I really don't know what I'll do if the government takes over healthcare. I may be relatively healthy, but I know a lot of people (many elderly) who are not and if the government starts rationing as we KNOW they will, I hope that the wrath of the American people is finally awoken in defense of our countrymen.

Is this what it’s going to take, America? How much will be destroyed before you’ve had enough?

Animator Girl on June 3, 2009 at 10:06 PM

Good question.