Re: ****Re: Geek/Tech/Entrepreneur Stuff to do in PHX

again totally agree with you here, esp. with regards to 1)
hyperinflation, 2) china. (btw- didn't you initially support the
bailouts on this list?). You can buy and hold gold in small
quantities with BuillionVault.com . The biggest problem we have will
be China- if we break our promises regarding inflation with them
anything could happen.

-jmz

On Sun, Aug 2, 2009 at 2:42 PM, keith smith<klsmith2020@yahoo.com> wrote:
>
>
> Some think deregulation was a factor.  Bailing out thosw who made bad decisions is even worse.
>
> We should have let GM and Chrysler go bankrupt at the get go.  We should have held those accountable for risky loans accountable not bailed them out.
>
> Yeas we have a problem.  And businesses are predatory by nature.  Nothing a few class action law suits can cure.
>
> We need the free market to find equilibrium and with government intervention we have an artificial prop.
>
> Hope it does not happen however there are people what are saying our economy is going to tank because of the government trying to intervene and correct the market.
>
> I will agree, some government is good.  I will also say we have a government that is way too large.  Maybe by as much as 85%.
>
> Wait til you social security disappears and we move into hyper inflation.
>
> I wish I could by a lot of gold.
>
> We have set ourselves up for failure.  China of all countries owns some 2 trillion in our national debt.  How does that help us?  It has much potential to hurt us.
>
> We are in bed with a country that kills people that stand up against the government.
>
>
>
> ------------------------
> Keith Smith
>
>
> --- On Sun, 8/2/09, Craig White <craigwhite@azapple.com> wrote:
>
>> From: Craig White <craigwhite@azapple.com>
>> Subject: Re: ****Re: Geek/Tech/Entrepreneur Stuff to do in PHX
>> To: "Main PLUG discussion list" <plug-discuss@lists.plug.phoenix.az.us>
>> Date: Sunday, August 2, 2009, 2:27 PM
>> On Sat, 2009-08-01 at 21:20 -0700,
>> keith smith wrote:
>> > If you are referring to the courts that is one thing
>> the government
>> > needs to do.
>> >
>> > Water
>> > Sewer
>> > Trash pickup
>> > Streets
>> > Police
>> > Fire
>> > Standing Army
>> > and one or two other things.
>> >
>> > Everything else needs to be removed from the
>> government.
>> >
>> > Using the courts to resolve a dispute is differently
>> from the
>> > government providing for our business needs.
>> >
>> > Free enterprise.  Do you think as a small
>> business owner I am afforded
>> > any protection under the law.  Not
>> happening.  Only the big guys get
>> > help from the government.
>> >
>> > I really have to get a few things done so i will sing
>> off for now.
>> >
>> > Keep in mind I'm for small government and a free
>> market.
>> ----
>> the problem is that free market has now proven to be a
>> disaster. The
>> current economic mess is a direct result of deregulating
>> things like the
>> banks, Wall Street, etc. While the John Galt logic sounded
>> pretty good,
>> it simply didn't work and the great Ayn Rand disciple,
>> Greenspan got it
>> all wrong. We are paying the consequences for this now and
>> will be
>> paying even more consequences as the next wave of home and
>> commercial
>> property foreclosures ramp up, unemployment starts to climb
>> again and
>> more and more people's unemployment benefits expire. Free
>> market is a
>> great concept that simply doesn't work because corporate
>> interests are
>> predatory and irresponsible.
>>
>> The acknowledgment that essential government services
>> listed above
>> justifies the role of government and you want to argue that
>> it should do
>> no more. There is much more government should be
>> doing...but they have
>> abrogated their responsibilities in things like consumer
>> protection.
>>
>> Government will always be a problem but no government is a
>> worse problem
>> considering the amount of people and the current trend of
>> business
>> practices.
>>
>>
>> --
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