What will bring the US to it's knees?

[BamaFanNKy]

Is it Global Warming? NO! Terrorism? Hell No!

Watch:
http://youtube.com/watch?v=I-16u9x3tfE
We're screwed if we don't go Dave Ramsey on our spending!

[crimsonnation713]

IMO...a good swift kick in the nads will do it.

[BamaFanNKy]

Wow..... You didn't even watch the video. Sad man. Sad. Most important issue and no one is listening to the Chief Accountant of the U.S. Government.

[crimsonnation713]

My god,lighten the hell up. I was joking and it wasn't even aimed at you.Quit taking yourself so f!@#ing seriously...nobody else does.

[Sabanocchio]

Quit taking yourself so f!@#ing seriously...nobody else does.I'm embarrassed I even graced this thread with my presence, but here here!

[BamaFanNKy]

Hmmmm..... Crimson nation.... I was joking. But glad to see some of your other uninformed brethren were able to smack hands with you. Enjoy your freedom fries! :)

[crimsonnation713]

yeah...justify all you want to. You weren't kidding and you damn well know it. You come here to flame and pick arguments and TRY to make us believe your some kinda enlightened being sent here to try and degrade everything anybody else says.
You said you and DDD were just alike. If I were DDD , I'd take offense to that.

[BamaFanNKy]

I've never said I was like DDD. Again you read what you want in posts. I mean I have got to worry about a guy who uses a liverpool fan for his avatar. Plus.... maybe this thread was meant for a serious discussion. If you can't contribute.... move along and if no one else wants to it will fall to the bottom.

[crimsonnation713]

Sorry but go back thru your manifestos and you will find you said that. So your wrong oh wise one from the west. (thats an oxy-moron if I ever heard it) Keep spinnin' baby !!!!

[BamaFanNKy]

hahaha..... you guys need to get a life if you are now memorizing my posts. Funny enough, I only know you as the slow guy that pulls for Bama. So how about this.... I'm done with you. Your too slow to keep up and understand financial policy. Just like your high five buddies.

[azamugg]

well, this rant has a history..............its theme is to be studied and respected but through a techno KABOOM in the mid to late 90's we were able to achieve a surplus.................politics aside, the war and a terrible mother nature we sank back into a deficit............good politics (what a desperate hope) and a robust economy w/out HUGE expenditures required is all that is required to balance things out

Im a huge skeptic when it comes to gov't competence but sometimes the economy can exceed gov't malfeasance

[BamaFanNKy]

All good points. As a business owner I am very weary of how our econoy is moving.

[GatorBait15]

All good points. As a business owner I am very weary of how our econoy is moving.

I don't know much about this stuff but I do know the economy sucks so bad that my dad had to move from the car business to opening up his own sports bar and we are in the middle of geting things done with the sports bar right now so times are rough right now, roughest in my life to be truthful. I live in a beautiful house with a ocean front view It's 3 stories and my room is the whole 3rd floor and if the sports bar doesn't get done very fast and be a hit right away we might have to down size big time.:sad:

[azamugg]

contrary to popular opinion our econonmy is fine relatively speaking, unemployment still unbelievably low, GDP strong, Consumer confidence healthy.......we've just got the real estate situation, again, which has been caused by the homeowner borrowing irresponsibily on equity and new purchasers buying beyond their means via sexy loan products that had guidelines much looser than they needed to be

a correction is what we're experiencing ..........things will be fine, that is unless a GD democrat doesnt get elected :)

[BamaFanNKy]

Ouch..... Restaurant/Bar biz is tough. What kind of auto biz was he in?

[BamaFanNKy]

contrary to popular opinion our econonmy is fine relatively speaking, unemployment still unbelievably low, GDP strong, Consumer confidence healthy.......we've just got the real estate situation, again, which has been caused by the homeowner borrowing irresponsibily on equity and new purchasers buying beyond their means via sexy loan products that had guidelines much looser than they needed to be

a correction is what we're experiencing ..........things will be fine, that is unless a GD democrat doesnt get elected :)

Hate to disagree..... the economy sucks because so many f***ed up and bought more house than they should of. Not to mention how crappy the dollar happens to be with CHina and Japan buying it up. Inflation has killed us. Yes there is a market correction. But, a major part of America is in debt with all the credit they have borrowed. Our government has been even worse at the credit thing.

[GatorBait15]

Ouch..... Restaurant/Bar biz is tough. What kind of auto biz was he in?

Well he started off in the Resturant biz before I was born an then moved to the car biz my uncle owned a lot called Bob Boast dodge he was a very rich man but he died and the guy that took over was a royal cock to my dad and I guess you could say ran him off. So he started his own used car lot and he was making good money enough to have a million dolor house on a canal:wub:. then one night my 8th grade my rents split up and we had to move to a little house I moved with my Dad and he had to move his lot to a new place somehow he got f**ked over at the place he was at and moved again! and that is when the car biz got super slow so him and his brother are opening up a sports bar called legends and hopeing for the best our millionear aunt is trying to fund us and get us started thank god for her!

edit: somewhere along the lines at the end there we built this new house and have lived here since Oct. 06

and moral of the story don't get married...

[azamugg]

Hate to disagree..... the economy sucks because so many f***ed up and bought more house than they should of. Not to mention how crappy the dollar happens to be with CHina and Japan buying it up. Inflation has killed us. Yes there is a market correction. But, a major part of America is in debt with all the credit they have borrowed. Our government has been even worse at the credit thing.

you just hit the nail on the head........Americans are responsible for the real estate/economic woes and they will learn a lesson hopefully...........as far as the value of the dollar, why do other countries continue to buy the American T-Bill? answer that for yourself

[BamaFanNKy]

I get that the T-bills are being bought because the U.S. should rebound. In fact gold always goes through the roof when the economy slows. But, my major problem is with them printing more dollars and the fed being dumbasses and cutting the rates. People are brainless with credit. I have no loans, no credit cards (I have a business AMEX I pay off at the end of each month) and very rarely buy anything that I don't save for. I just wish our government would work like I do.

[BamaFanNKy]

Well he started off in the Resturant biz before I was born an then moved to the car biz my uncle owned a lot called Bob Boast dodge he was a very rich man but he died and the guy that took over was a royal cock to my dad and I guess you could say ran him off. So he started his own used car lot and he was making good money enough to have a million dolor house on a canal:wub:. then one night my 8th grade my rents split up and we had to move to a little house I moved with my Dad and he had to move his lot to a new place somehow he got f**ked over at the place he was at and moved again! and that is when the car biz got super slow so him and his brother are opening up a sports bar called legends and hopeing for the best our millionear aunt is trying to fund us and get us started thank god for her!

edit: somewhere along the lines at the end there we built this new house and have lived here since Oct. 06
Life is tough like that. Your dad will get through it. May not be with the sports bar but, sounds like he has the will to push for what he wants. Plus anyone who can sell is always valuable.

I am not a big fan of the auto industry. It's a bunch of cut throat know it all a**holes. Buick is a tough sell right now. Hell, I live in the town where the Corvette is made and Toyota and Honda are still kicking everyone's a**.

[azamugg]

I get that the T-bills are being bought because the U.S. should rebound. In fact gold always goes through the roof when the economy slows. But, my major problem is with them printing more dollars and the fed being dumbasses and cutting the rates. People are brainless with credit. I have no loans, no credit cards (I have a business AMEX I pay off at the end of each month) and very rarely buy anything that I don't save for. I just wish our government would work like I do.

Im with you, your last statement fits me perfectly............I have a mortgage and two car payments (mine and my daughters) but other than that I live on cash and my business on Amex (30,000 a month, I will fly free for the rest of my life:)) but the answer to why other countries continue to invest in the U.S. is because they know that we are money(Vince Vaughn), we are the most stable economy that has a reliable history...

we will be fine

[GatorBait15]

Life is tough like that. Your dad will get through it. May not be with the sports bar but, sounds like he has the will to push for what he wants. Plus anyone who can sell is always valuable.

I am not a big fan of the auto industry. It's a bunch of cut throat know it all a**holes. Buick is a tough sell right now. Hell, I live in the town where the Corvette is made and Toyota and Honda are still kicking everyone's a**.

Haha, I agree my dad has worked with some dicks he told me he didn't know sh*t about cars but when my brother was born he couldn't do the bar biz anymore because he was out to late and he made a good living on cars for a long time, now he is always tryin to invent something stupid haha!

[BamaFanNKy]

I have been happily self employed for 3 years. Worked in all my dream jobs. I never realized my real dream job was doing my own thing. Your dad will know what I mean.

Azza..... I take it back. I'll probably buy a car soon and pay it off in two years. I have to catch up on retirement. I waited till 26 to start. Roth only allows me and the wifey to put 8k a year in. So I spend quite a bit in some othe investment stuff. That's why I can't stand the stock market right now. I look like Jim Kramer every day watching the news. This is my rant about Bernake almost every night with my wife:
http://youtube.com/watch?v=SWksEJQEYVU&feature=related

[BamaFanNKy]

I love Kramer's melt down.

[azamugg]

right now I'm putting money in CD's, thats it, Im conservative and don't throw my money away..........I have an etrade account that is $30,000 down so Im just prayin and holdin, luckily I have an account w/a Brokerage that is stable

always live beneath your means, play the odds and you'll be ok.......but yea, owning your own business is the way to go

[BamaFanNKy]

I have 9 months of cash always at hand to pay bills and keep my lifestyle up. So I have the nest egg. Right now investing is tough! Actually if I were the other countries I'd buy the hell out of U.S. Dollars. They are cheap. I may buy some cheap stocks that should rise again. Cash in in the long run.

[WarEagle73]

We have no one to blame but ourselves for this mess. For far too long we have foregone our responsibility as citizens of a republic (we're not a demoracy BTW) and now we're in it good. For a republic to function you have to have a well informed citizenry that is actively involved with the goings on of the government. This system has broke down to an alarming degree. First, we no longer have the ability to get truthful information from our media. It's slanted for the most part to the far left of the political spectrum. Second, the average citizen has no idea whom represents them in congress much less what they are doing. On top of that most people have not the slightest idea what it is that government is actually supposed to do in the first place.

Another sign of decline is our loss of our traditional national character. Yes, we are a country made up of immigrants. However, up until about 40 years ago whenever a new wave of immigrants started to our shores they blended into our culture rather expect us to allow them to act as though they are still beholden to whatever third world cesspool they managed to escape from. We can look back to history to provide us with examples of what happens to a society once it loses it's national or cultural identity. Two such examples are the Roman Empire of ancient times and the Austro-Hungarian that fell at the end of World War I. Both empires prospered so long as they held to the traditions and beliefs that made them into world powers. However, towards the end of each you can see how they slowly lost their national unity and splintered into squabbling ethnic groups. We are on such a road today.

I think the root cause of this splintering we see in our country today is that we no longer teach our children what it truly means to be an American. To show patriotism is to risk offending some group or the other. But it goes deeper than that. Along with teaching our children that it is a privilege to be a citizen of our great republic, we must also instill in them what is required to be a good citizen, to serve our country, to follow closely the goings on with our governing body, to be a part of something that is greater than themselves. This is the trend we must reverse and we must do it in our generation. Otherwise we will take our place along with Rome, Austria, and the other great but former powers that have been relegated to the dust bin of history.

[nellanaesp]

Well he started off in the Resturant biz before I was born an then moved to the car biz my uncle owned a lot called Bob Boast dodge he was a very rich man but he died and the guy that took over was a royal cock to my dad and I guess you could say ran him off. So he started his own used car lot and he was making good money enough to have a million dolor house on a canal:wub:. then one night my 8th grade my rents split up and we had to move to a little house I moved with my Dad and he had to move his lot to a new place somehow he got f**ked over at the place he was at and moved again! and that is when the car biz got super slow so him and his brother are opening up a sports bar called legends and hopeing for the best our millionear aunt is trying to fund us and get us started thank god for her!

edit: somewhere along the lines at the end there we built this new house and have lived here since Oct. 06

and moral of the story don't get married...

Sometimes parents hide the real truths to the fact that they're really not screwed at all . . my parents did. They were complaining about bills and such (who doesn't) and shortage of money, but when I got old enough to understand the whole thing I look back and realize they were fine, it's just all whining.

Now I look at my dad and his pay and wish that I get a job half as successful as his in the future.

[GatorBait15]

Well since he has to start a whole new job and he still try's to do EVERYTHING in the world for me I trust him...I am 17 and we talk to each other like adults, he is alot like a best friend to me also!

Edit: the guy does his best every weekend to get tickets to gator games for me so I can drive up to the games and see my brother and the gators!

[BamaFanNKy]

We have no one to blame but ourselves for this mess. For far too long we have foregone our responsibility as citizens of a republic (we're not a demoracy BTW) and now we're in it good. For a republic to function you have to have a well informed citizenry that is actively involved with the goings on of the government. This system has broke down to an alarming degree. First, we no longer have the ability to get truthful information from our media. It's slanted for the most part to the far left of the political spectrum. Second, the average citizen has no idea whom represents them in congress much less what they are doing. On top of that most people have not the slightest idea what it is that government is actually supposed to do in the first place.

Another sign of decline is our loss of our traditional national character. Yes, we are a country made up of immigrants. However, up until about 40 years ago whenever a new wave of immigrants started to our shores they blended into our culture rather expect us to allow them to act as though they are still beholden to whatever third world cesspool they managed to escape from. We can look back to history to provide us with examples of what happens to a society once it loses it's national or cultural identity. Two such examples are the Roman Empire of ancient times and the Austro-Hungarian that fell at the end of World War I. Both empires prospered so long as they held to the traditions and beliefs that made them into world powers. However, towards the end of each you can see how they slowly lost their national unity and splintered into squabbling ethnic groups. We are on such a road today.

I think the root cause of this splintering we see in our country today is that we no longer teach our children what it truly means to be an American. To show patriotism is to risk offending some group or the other. But it goes deeper than that. Along with teaching our children that it is a privilege to be a citizen of our great republic, we must also instill in them what is required to be a good citizen, to serve our country, to follow closely the goings on with our governing body, to be a part of something that is greater than themselves. This is the trend we must reverse and we must do it in our generation. Otherwise we will take our place along with Rome, Austria, and the other great but former powers that have been relegated to the dust bin of history.
Let me get this.... We need to take responsibility. Then you blame the media, the mexicans and the kids today? hahaha j/k. I agree kids need to better informed. I don't agree that the "foreign invaders" are our problem. The problem is how we are addicted to cheap labor. Our country has a history of loving cheap labor from slaves (now african americans), Irish and the Chinese. Now you have the hispanic population. Our businesses have been run by cheap labor for years.

I've seen lame videos about how the hispanics are ruining america. Bollocks. Most come here work for 9 months to a year then go back home for a break. Once they have enough money they stay in their country and start businesses. In fact they have the American work ethic we want. HARD WORK and Goal driven. Too bad many of our white kids rather direct rap videos than work on the family farm. Stop blaming the hispanics and look around at the white kids in your community. Heck most of them have better cars at that age than what I had when I started my biz. NO Work ethic.

[BamaFanNKy]

Well since he has to start a whole new job and he still try's to do EVERYTHING in the world for me I trust him...I am 17 and we talk to each other like adults, he is alot like a best friend to me also!

Edit: the guy does his best every weekend to get tickets to gator games for me so I can drive up to the games and see my brother and the gators!
You sound like you have an awesome dad. Just be there for him and he'll come out on the good side.

[azamugg]

Let me get this.... We need to take responsibility. Then you blame the media, the mexicans and the kids today? hahaha j/k. I agree kids need to better informed. I don't agree that the "foreign invaders" are our problem. The problem is how we are addicted to cheap labor. Our country has a history of loving cheap labor from slaves (now african americans), Irish and the Chinese. Now you have the hispanic population. Our businesses have been run by cheap labor for years.

I've seen lame videos about how the hispanics are ruining america. Bollocks. Most come here work for 9 months to a year then go back home for a break. Once they have enough money they stay in their country and start businesses. In fact they have the American work ethic we want. HARD WORK and Goal driven. Too bad many of our white kids rather direct rap videos than work on the family farm. Stop blaming the hispanics and look around at the white kids in your community. Heck most of them have better cars at that age than what I had when I started my biz. NO Work ethic.



now, now, now BFKY, be a little more tactful here, WE73 is one of the good ones.........whether I agree with him or not, *Slingblade* "I like the way he talks"

WE is talking more individual character and integrity moreso than economic specificities

[BamaFanNKy]

Yeah.... but you see azza..... I am one of those that actually has hispanic family members. They are all pretty legal.... like 7th generation legal. They get to hear white trash (not refering to WE) tell them they are going to call INS on them all the time. So I am a big fan of legal immigration. It's what our country is all about. In fact when the economy is rolling we need those workers. It's a problem now because the economy is slow.

But understand we love cheap labor. Always have always will. That's why most of us right leaners who own businesses hate unions.

[UKat]

Is it Global Warming? NO! Terrorism? Hell No!

Watch:
http://youtube.com/watch?v=I-16u9x3tfE
We're screwed if we don't go Dave Ramsey on our spending!I fianally agree with you on something! I'm a Ramsey fan and fully push the 0 debt message to everyone.

[BamaFanNKy]

You have to understand.... I am a big libertarian. I worked for both Dems and Rep. on campaigns. They are one and the same. In fact I almost joined Gatewood recently just because he's crazy enough that he may make Kentucky a better run state.

[GetEmGamecocks]

So when is the War in Iraq (or at least it's result) actually going to start making the gov't some money? I have a feeling a few asshole bankers are going to be mad paid, instead of American people getting $paid$ back for their troubles.

[BamaFanNKy]

Actually I don't think we are getting any money back on that investment.

[Gamecocks4Ever]

I agree with a lot of what Dave Ramsey says, but I can't follow his fianancial principles to the point that he takes it. He is TOO conservative. Bottom line is he was once one of those "no money down", "leveraged to the hilt" real estate investors who got burnt. Now he seems to try to keep people out of real estate altogether. There are more self-made millionaires in this country from real estate than any other means. Debt is okay as long as you use it responsibly to buy things that will INCREASE in value. I do agree with him that consumer debt is bad. I also agree with him that CASH is king, but only if you use it wisely. Wait till the stock market hits bottom and put that cash to use. You could use that cash to buy up all these foreclosures.
If you're too conservative and do nothing but save money your whole life while living like a miser, what have you really accomplished? My grandma passed last year, and I was shocked to see what she had, especially considering how she lived. She wouldn't spend money to fix up her place, or for any other reason. Let's just say that she passed with a sizeable amount sitting in CDs. What good did that do her?
Sorry about the soapbox. I just think that most people in this country are off the deep end one way or the other when it comes to money. They either have $50000+ in credit card debt, or the save save save for the rainy day that in their minds never comes. Balance is the key.

[WarEagle73]

Yeah.... but you see azza..... I am one of those that actually has hispanic family members. They are all pretty legal.... like 7th generation legal. They get to hear white trash (not refering to WE) tell them they are going to call INS on them all the time. So I am a big fan of legal immigration. It's what our country is all about. In fact when the economy is rolling we need those workers. It's a problem now because the economy is slow.

But understand we love cheap labor. Always have always will. That's why most of us right leaners who own businesses hate unions.


I think you may have the wrong picture of what I'm talking about. I understand that Mexicans and other Latin groups have for generations helped to make this country what it is today. They have contributed to this country and shed their own blood for her. I too have Latino relatives. My favorite aunt growing up was born and raised in Mexico. She was one of the kindest souls I've ever met and one of the few people that have passed out of my life that I truly miss.

The point I was trying to get across is that a good deal (but not all) of the immigrants coming into America today are not following the same path that those who came before them did. And I'm not just referring to the method that they come into the country. What I am talking about is that a good deal of people who are coming into America today no longer strive to integrate themselves into our society. They do not wish to gain citizenship, they do not want to learn English, in short they do not come here to become Americans. They hold no love for their adopted home, no loyalty, no sense of civic duty to our country. That is what is different with a good deal of immigrants today. And it's not just illegal Latino immigrants I'm talking about. They just get all the media attention because they are the largest immigrant group.

Immigration is what made this country into the greatest the world has ever known. But the way it worked was that people from all over the world came here looking for a better life for them and their children, to build a country that would provide their future generations with a homeland to call their own. They looked at becoming an American citizen as an honor and not a privilege. They are the ones that made it possible for our country to expand all the way to the Pacific ocean. Also, they brought their culture and mixed it what those who came here before thus enriching themselves and the nation as a whole. That is what generations of immigrants from Europe, Asia, Africa, and Latin America did for this country. This is exactly what your relatives and millions of other Latino immigrants (like my aunt)did. And everyday Latinos are still coming here to continue this tradition. I welcome them as I would anyone else.

My problem with Immigration has nothing to do with the race of people whom wish to come here. My problem is that so many are no longer coming here for the right reasons or with the right intentions. I welcome anyone wishing to come here and become an American and are willing to take on the responsibilities that being a citizen entails

[BamaFanNKy]

I understand your POV. But, here is what people need to understand. Most are not coming here to make a better life. Most come here to earn money and send it home. Then with that money they go back home and make a better life in their home country.

A friend of mine owns a trucking company here. He is Bosnian, which means he had an easy path to get in the country. He sends a large portion of his dollars to Bosnia. After the war his country was decimated. So he is rebuilding it and basically he will be the big fish back there when he is done. The thought most want to be citizens is not all together true. These people are as nationalistic as us. They still want to be Mexico, Ecuador, Columbia, Guatamala etc. citizens.

But for those wanting to be citizens will probably do what you say. I think all should assimulate since it would make it easier for them.

[geechee]

I don't know much about this stuff but I do know the economy sucks so bad that my dad had to move from the car business to opening up his own sports bar and we are in the middle of geting things done with the sports bar right now so times are rough right now, roughest in my life to be truthful. I live in a beautiful house with a ocean front view It's 3 stories and my room is the whole 3rd floor and if the sports bar doesn't get done very fast and be a hit right away we might have to down size big time.:sad:

This is what happens when the American people choose to spend their money in Arabia instead of investing in their own country. You simply can not bleed over 300 billion dollars a year into a foreign country. They have the third largest oil reserves in the world and we are broke.

[BamaFanNKy]

The American people voted the people in who spent the money overseas. Why dd they cote them in..... to make sure boys won't kiss (gay marriage) and keeping them funny lookin' brown men from bombing our country (immigration). Time to vote on the financial issues.... not the low priority ones.