Comments on: As U.S. approaches the fiscal cliff, will it jump? http://blogs.reuters.com/christopher-papagianis/2012/10/04/as-u-s-approaches-the-fiscal-cliff-will-it-jump/ Thu, 08 Nov 2012 20:02:05 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: cmoses0971 http://blogs.reuters.com/christopher-papagianis/2012/10/04/as-u-s-approaches-the-fiscal-cliff-will-it-jump/#comment-128 cmoses0971 Thu, 08 Nov 2012 20:02:05 +0000 http://blogs.reuters.com/christopher-papagianis/?p=150#comment-128 Printing money only makes the problem worse. The US and the Global Economy is the likeness of a small child not wanting to take its medicine because it tastes so bad! This is coming, no matter how much we kick and scream. It is time to let the cuts expire, and see where we land. We can no longer believe that war creates profit and prosperity for this country. We can no longer believe that Corporate Welfare is a good model for success. As a nation, yes the necessities are all we really need. Work is now akin to slavery. We work for money, when in relaity we could have enough resources for all. Capitalism is a pissng contest between people who want to acquire as much CRAP as they can. We will be ok without it, as we have been before. But the time is NOW to make that change. Kicking it down the road only further detaches the American public from the reality we face. I am ready to jump... I have a Plan B, and C and D if we collapse. It is time we all prepare for some pain. And this is not Obama's fault. Blame yourself, Bernays, Big Government, Big Business, and the Central Banking Cartel. We are all liable here. You can't live in fantasy land forever. Time to get to work and un-do what we have done. And for Logic's sake, get the HELL out of the Middle East! Printing money only makes the problem worse. The US and the Global Economy is the likeness of a small child not wanting to take its medicine because it tastes so bad! This is coming, no matter how much we kick and scream. It is time to let the cuts expire, and see where we land. We can no longer believe that war creates profit and prosperity for this country. We can no longer believe that Corporate Welfare is a good model for success.

As a nation, yes the necessities are all we really need. Work is now akin to slavery. We work for money, when in relaity we could have enough resources for all. Capitalism is a pissng contest between people who want to acquire as much CRAP as they can. We will be ok without it, as we have been before. But the time is NOW to make that change. Kicking it down the road only further detaches the American public from the reality we face. I am ready to jump… I have a Plan B, and C and D if we collapse. It is time we all prepare for some pain. And this is not Obama’s fault. Blame yourself, Bernays, Big Government, Big Business, and the Central Banking Cartel. We are all liable here. You can’t live in fantasy land forever. Time to get to work and un-do what we have done. And for Logic’s sake, get the HELL out of the Middle East!

]]> By: Pete_Murphy http://blogs.reuters.com/christopher-papagianis/2012/10/04/as-u-s-approaches-the-fiscal-cliff-will-it-jump/#comment-126 Pete_Murphy Tue, 09 Oct 2012 10:59:15 +0000 http://blogs.reuters.com/christopher-papagianis/?p=150#comment-126 It's impossible to address our fiscal problems in any meaningful way until we first address the trade deficit. It's impossible to avoid recession in an economy that is being drained of its assets by a trade deficit without an equal infusion of deficit spending. The U.S. economy isn't approaching a "fiscal cliff." We drove off that cliff in 1947 with the signing of the Global Agreement on Tariffs and Trade, forerunner of today's World Trade Organization. The only question now is whether congress will call off the team feverishly digging a hole at the bottom of the canyon to delay the inevitable crash. Pete Murphy Author, "Five Short Blasts" It’s impossible to address our fiscal problems in any meaningful way until we first address the trade deficit. It’s impossible to avoid recession in an economy that is being drained of its assets by a trade deficit without an equal infusion of deficit spending.

The U.S. economy isn’t approaching a “fiscal cliff.” We drove off that cliff in 1947 with the signing of the Global Agreement on Tariffs and Trade, forerunner of today’s World Trade Organization. The only question now is whether congress will call off the team feverishly digging a hole at the bottom of the canyon to delay the inevitable crash.

Pete Murphy
Author, “Five Short Blasts”

]]> By: tmc http://blogs.reuters.com/christopher-papagianis/2012/10/04/as-u-s-approaches-the-fiscal-cliff-will-it-jump/#comment-125 tmc Mon, 08 Oct 2012 20:54:59 +0000 http://blogs.reuters.com/christopher-papagianis/?p=150#comment-125 No, it will not jump. It will just print more money. No, it will not jump. It will just print more money.

]]> By: anthropisces http://blogs.reuters.com/christopher-papagianis/2012/10/04/as-u-s-approaches-the-fiscal-cliff-will-it-jump/#comment-124 anthropisces Mon, 08 Oct 2012 12:47:30 +0000 http://blogs.reuters.com/christopher-papagianis/?p=150#comment-124 We are (in general) all eating, have roofs over our heads and enjoy the basic necessities. What is it that is providing those basics? Is it money or simply the world's resources? On the face of it global resources seem sufficient to allow for all to live with dignity. When the financial system in respected then no, things are not working. When dollar or euro or other monetary icons are included then that we going (or have gone) off a fiscal cliff. Maybe some day the whole world will fall off the fiscal cliff and find that the landing was soft and that people are still eating and living with dignity. We are (in general) all eating, have roofs over our heads and enjoy the basic necessities. What is it that is providing those basics? Is it money or simply the world’s resources? On the face of it global resources seem sufficient to allow for all to live with dignity.

When the financial system in respected then no, things are not working. When dollar or euro or other monetary icons are included then that we going (or have gone) off a fiscal cliff.

Maybe some day the whole world will fall off the fiscal cliff and find that the landing was soft and that people are still eating and living with dignity.

]]> By: philbrabe http://blogs.reuters.com/christopher-papagianis/2012/10/04/as-u-s-approaches-the-fiscal-cliff-will-it-jump/#comment-123 philbrabe Mon, 08 Oct 2012 05:28:19 +0000 http://blogs.reuters.com/christopher-papagianis/?p=150#comment-123 American Spring? American Spring?

]]> By: OneOfTheSheep http://blogs.reuters.com/christopher-papagianis/2012/10/04/as-u-s-approaches-the-fiscal-cliff-will-it-jump/#comment-122 OneOfTheSheep Fri, 05 Oct 2012 05:44:28 +0000 http://blogs.reuters.com/christopher-papagianis/?p=150#comment-122 Our government is rather like the reverse of a lunatic asylum. Taxpayers are on the outside looking in but neither they, their economists or their journalists are allowed the necessary information to comprehend the chaos each observes because of "privacy". The "tipping point was probably reached years ago. We are trapped with no exit on a roller coaster ride with poorly maintained equipment, all the safeties disabled or non-functioning and no knowledge that the track ahead has ever been traveled before or even completed. What could possibly go wrong? If all "we, the people" can do is dial 911 on our cell phone, what's your point, Christopher? Our government is rather like the reverse of a lunatic asylum. Taxpayers are on the outside looking in but neither they, their economists or their journalists are allowed the necessary information to comprehend the chaos each observes because of “privacy”.

The “tipping point was probably reached years ago. We are trapped with no exit on a roller coaster ride with poorly maintained equipment, all the safeties disabled or non-functioning and no knowledge that the track ahead has ever been traveled before or even completed. What could possibly go wrong?

If all “we, the people” can do is dial 911 on our cell phone, what’s your point, Christopher?

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