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50 Charts That Explain Why ‘Dr. Doom’ Thinks We’re Headed Toward ‘Massive Wealth Destruction’

Nov. 23, 2012 12:44pm Becket Adams

Marc Faber, noted investor and author of “The Gloom, Boom, & Doom Report,” has long held a pessimistic view of the global economy (they call him “Dr. Doom” for a reason).

But, you know, Faber’s pessimism may not be without reason. Perhaps things really are as bad as he says they are.

The following are 50 charts from Marc Faber that help explain why he thinks we’re headed toward “market meltdowns” and “massive wealth destruction”:

FLASHBACK — Faber’s “massive market meltdown” warning:

FLASHBACK II — Faber’s “massive wealth destruction” warning:

Happy Black Friday.

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Comments (171)

okaaay
Posted on November 23, 2012 at 4:11pm
I have for a couple of years now heard rumblings that the ultra wealthy in my community (I live in a far left, very well to do location, lots of Hollywood, financial big wigs, etc) that the wealthy are taking out their money 9,999,000 at a time (so that it won’t be earmarked by banks) and putting it into other things, other than the dollar, like foreign investments, gold, etc.

I found it very very interesting that this incredibly left community actually voted for Romney this term. It was unbelievable to me.

I think something big is going to happen.

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- socialism.rocks
  Posted on November 23, 2012 at 4:17pm
  all those assets will be siezed… money laundering is illegal tax evasion is fraud … and try to sell those assets for the new dollar ….lmao
  
  Report this comment
- chalkdust
  Posted on November 23, 2012 at 4:34pm
  Confiscation, by who socialism? You think you’re glorious dems/comrades are not corrupt?
  Really dumb notions you have.
- cbrown
  Posted on November 23, 2012 at 5:33pm
  Every year Faber is on CNBC predicting this same nonsense. He has the said this about US and China. Not sure how he missed Europe. I do read his charts, one should always listen to other point of view, as long as they have some facts behind their predictions. Faber is a smart guy but has been wrong more times than right. I guarantee, you will not make money listening to him.
  
  Report this comment
- michaelmoron
  Posted on November 23, 2012 at 5:54pm
  I like this CNBC video clip where all the financial experts admit that we are slaves to the International Banksters:
  http://www.youtube.com/watch?v=CF8wfUJ6sj8
  
  Report this comment
- ChiefGeorge
  Posted on November 23, 2012 at 5:55pm
  In those latter days, the rich men of the earth will cast their silver and gold into the streets, because it will also be worthless. We are all going to find out that our security is not massed on paper, silver, gold whatever, its to be based on the Lord. Its alright to have these things but its not alright to rely solely on them for your security in this life.
  
  Report this comment
- Advection
  Posted on November 23, 2012 at 8:15pm
  I think you’re right. Something big is about to happen, and it appears the coming destruction is intentional.
  
  Report this comment
- OBAMANATIONOFDESOLATION
  Posted on November 23, 2012 at 8:34pm
  The government will take control of all publicly traded companies, the next time the market collapses. The markets will drop to less than 10% valuation, all the useful idiots will say – Oh great government, please save us, and it will respond – We’ll “trade” in your worthless 401k retirement for a government retirement system. And the masses will thank their new master. In doing so the government will own majority controlling interest in all publicly traded companies. You need a job, don’t worry – Uncle Obama is there to help! See the proposed plan by none other than Obama’s union buddies. http://www.retirement-usa.org
  
  Report this comment
- Independent4233
  Posted on November 23, 2012 at 10:01pm
  Marc Faber isn’t the only well-known economist who is predicting BIG problems ahead.
  
  More influential and famous than Faber is Max Keiser who specifically declares that we’re going to bottom out in April 2013. In case you think anybody can say that and get away with it, keep in mind Keiser has his own show and is highly thought of among his own peers.
  
  Another even more accurate and famous economist and trends analyst is Gerald Celente who is forecasting a complete collapse as well, because, as he says, the existing debt to GDP ratio is unsustainable, and that the banking system is still on very fragile ground. He’s forecasting the greatest depression, which he claims is in the beginning stages right now. Celente has an 80% success rating forecasting trends and outcomes correctly.
  
  Peter Schiff also forecast this last crash in 07 on a t.v. show and the other business execs on with him laughed and ridiculed. Not long after that we crashed. He’s predicting anout the same as Celente which is a severe depression, and he has a book outlining his reasons, which warns that the real crash is coming to a neighborhood near you soon.
  
  Noriel Roubini, Niall Ferguson, are two more who pretty much agree with Marc Faber.
  
  But it is Keiser, Schiff and Celente who have the track records for accuracy.
  
  We’ll see.
  
  Report this comment
- Elena2010
  Posted on November 23, 2012 at 10:03pm
  Socialism — that’s why they are pulling money out under $10K — gov’t can’t track it as easily that way. Also, you don’t “launder” your own money. Money laundering is when you take illegally obtained monies and make it look legally obtained.
  
  Report this comment
- cbrown
  Posted on November 23, 2012 at 11:35pm
  @Independent4233
  
  Please read wiki page on “Max Keiser” before putting out some nonsense from him. He sounds like a nutcase. He had predicted JP Morgan will be bankrupt in 2010 but last time I checked they are still making billions.
  
  Report this comment
- Dr Vel
  Posted on November 24, 2012 at 1:55am
  socialism.rocks “all those assets will be siezed… money laundering is illegal tax evasion is fraud … and try to sell those assets for the new dollar ….lmao”
  
  Taking their money they lawfully earned and paid taxes on out of the bank and buying other assets for safekeeping is perfectly legal. It is not money laundering not tax evasion. As Americans they have every right to protect the results of their lawful hard work. This is a fundamental right of private property. If it were not for the corruption in government caused by people just like you they would not need to do this. It lowers the economic engine and you are driving it and this country straight to hell. You and all who think like you destroy this nation and hell is not hot enough for you. Even so it is your destination and nothing you do using your line of thinking can stop it. Have a bad trip.
  
  Report this comment
- Scooby_Do
  Posted on November 24, 2012 at 7:25am
  Well and with cap gains and dividend taxes going up no matter what, the market is in for a crash as the wealthy investors pull out. Read fresh political commenatry at: http://smallcraftadvisorychronicles.blogspot.com/
  
  Report this comment
- cvanrijn
  Posted on November 24, 2012 at 10:58am
  Let your Hollywood friends know that the banks take interest in any transaction of $5000 or more, and must make a direct report to the Feds when it exceeds $10000… it will take a long time to hide assets in this fashion (unless you only have a little bit of money, of course)
  
  Report this comment
- tommylink
  Posted on November 24, 2012 at 2:18pm
  I hate to agree with socalsim rocks however if the stuff does hit the fan you will see another gold and asset confiscation. It will be done in the name of protecting people, fairness, etc, and if the panic is big enough people will go along with it. The constitution is a 200 year old piece of paper that’s all that it is, unless the american people start to defend what’s written on that piece of paper and give it power again it will be has worthless has the money the Federal Reserve is printing.
  
  Report this comment
- Jetstream001
  Posted on November 24, 2012 at 3:45pm
  One needs both God and gold … and in that order.
  Why do governments hate them both? Because both are a check on the immoral excess of man.
  That’s why God is rejected from their morality and Gold is rejected from their money systems.
  
  Report this comment
- Arizona Don
  Posted on November 24, 2012 at 5:30pm
  We are going through some very trying times. The problem(s) however, they are exacerbated by Obama not curtailed in any way. In order to solve a problem it is first necessary to identify the problem, Obama and his supporters refuse to acknowledge there even is a problem. That should be obvious to all Republicans, Democrats , independents and even libertarians. However, one thing no party can guard against after Obama’s first four years is; The fact is when the dollar is no longer world “accepted” as the medium of exchange for oil etc. we are doomed as a Republic. The dollar became world accepted because it was the most stable and reliable currency in the world. That is the only thing that is keeping the dollar somewhat secure to date in spite of the fed printing so much money. However, we will go down the same road as the Weimar Republic, and the dollar will experience hyperinflation just as the Germans did if or perhaps when it is no longer accepted as the medium of exchange. For a good idea of what is coming study the fall of the Weimar Republic and the rise of hitler to power (after WWI and through the 1930′s).
  
  Make no mistake both the Russians and Chinese know that, and they will make it happen. The problem now is China holds so much of America’s debt. That is the reason for the delay. However, they are currently in the process of selling it off. When they do, shazam, hyperinflation.
  
  Report this comment
- dfinch
  Posted on November 24, 2012 at 6:17pm
  Warren Buffett and George Soros has already cashed in millions of dollars of stocks and not re-invested. I said then they knew something we all didn’t know about.
  
  Report this comment
- Independent4233
  Posted on November 24, 2012 at 6:36pm
  cbrown
  Posted on November 23, 2012 at 11:35pm
  @Independent4233
  
  “Please read wiki page on “Max Keiser” before putting out some nonsense from him. He sounds like a nutcase. He had predicted JP Morgan will be bankrupt in 2010 but last time I checked they are still making billions”
  
  First of all, who the hell are you to tell me how I should regard economists?
  
  Secondly, I’m not familiar with the forecast he made that you refer to, but I’m not going to write off somebody as knowledgeable as he is, because some numbnutz like you gets scared when he reads about things getting a bit out of hand.
  
  The info I outlined are valid forecasts from people who have been correct many, many times,. especially Celente.
  
  And thirdly, are you so naive as to expect everybody is going to be right everytime abouteverything. After all, in the last analysis these are expert opinions, but they’re still opinions. Celent said we could very well have a commercial real estate crash in 2010, but it didn’t materialize due to manipulations by the banks and government and the Fed. But if you think he should be written off for being wrong once after being right so many times you know about as much about economics as I do about brain surgery.
  
  Data I report on here has to do with the economic picture for the purpose of alerting everyone to the possibilities.
  
  If you don’t like it, take your opinion and stuff it where the sun doesn’t shine.
  
  Report this comment
- Independent4233
  Posted on November 24, 2012 at 9:40pm
  cbrown
  Posted on November 23, 2012 at 11:35pm
  @Independent4233
  
  “Please read wiki page on “Max Keiser” before putting out some nonsense from him. He sounds like a nutcase. ”
  
  Max Keiser is well thought of throughout the financial world. While he isn’t correct everytime he is in the vast majority of instances. Your opinion means nothing.
  
  Please refrain from criticizing economists you know nothing about….in addition to your limited education on economics….and please don’t refer to Wiki when you are trying to dig somerthing up unfavorably about somebody you don’t agree with, since they’re no more than what amounts to far left loons who manipulate facts and figures to suit their agenda.
  
  Why no derogatory comments about the others?
  
  Couldn’t find anything to complain about?
  
  Does it bother you that they’re mostly in agreement with Keiser as is Marc Faber…at least to a great degree?
  
  Does it upset you thinking the economy is going to go in a severe depression?
  
  Do you think your community organizer will be impeached.
  
  Do you think there will be attempts at secession?
  
  Will there be civil war?
  
  Report this comment
- cbrown
  Posted on November 24, 2012 at 10:56pm
  @Independent4233
  
  Believe in whatever you want too. There isn’t much of a cure for ignorance.
  
  I like many other economist believe that in 2 years we will create 5+ million jobs GDP growth will be 3-4%, deficit will cut by 30+%, Stock market will be up 15%, Food stamp recipients will go down by 20+%, .. After 2 years hopefully you will learn to invest smartly.
  
  Report this comment
- The_Eye
  Posted on November 25, 2012 at 4:25am
  You may not want to advertise that people are intentionally taking out less than $10k to avoid bank reporting. That is actually against Federal law. (whether the underlying policy is a good one or not) it is considered money laundering.
  
  Report this comment
- Liberalismsamentaldisorder
  Posted on November 25, 2012 at 9:41am
  @cbrown
  
  you destroy any credibility of your opinion when you site wikipedia
  
  Report this comment
- cbrown
  Posted on November 25, 2012 at 10:47am
  @Liberalismsamentaldisorder
  
  In general, Wikipedia is great. It is not perfect but its best unbiased source I know of. For a quick overview on a person/topic wiki is a great tool. If you know of something else then please let me know, I would like to try it out.
  
  Report this comment
- Independent4233
  Posted on November 25, 2012 at 7:27pm
  cbrown
  
  “Believe in whatever you want too. (sic)There isn’t much of a cure for ignorance.”
  
  Which you have indicated unequivocally with your hare-brained, pie-in-the sky figures.
  
  Here’s a bit of data that will have you shrieking hysterically in fright. As the EU continues its downward spiral due to its Democratic socialist tax and spend policies and reverberations from the fall out on all the worthless mortgages they bought from US banks, the falling dominos will streak across the Atlantic instantly and put the final touches on our imploding multicultural utopia.
  
  There will be riots in the streets here, as the dollar’s value goes in the tank and the debt to GDP ratio grows to the point where bankruptcy will be the order of the day. Severe austerity measures will be attempted, which will be a continuation of what we are seeing now with police forces as in Camden and Newark and Stockton cut in half, or far more, with some eliminated. Pensions will be eliminated or reduced to a fraction of what was promised.
  
  Secessionist movements will be much supported and as the riots turn to civil war, secession will be granted as a condition for peace.
  
  The US gov’t. will break along lines of race and ethnicity, just like the citizens and will be weakened and overwhelmed.
  
  Behold, my leftist, radical dreg. Your Orwellian utopia will be a thing of the past and roving bands of militias will be knocking on doors with payback in mind.
  
  Report this comment
- Independent4233
  Posted on November 25, 2012 at 7:42pm
  cbrown
  Posted on November 24, 2012 at 10:56pm
  @Independent4233
  
  “I like many other economist believe that in 2 years we will create 5+ million jobs GDP growth will be 3-4%, deficit will cut by 30+%, Stock market will be up 15%, Food stamp recipients will go down by 20+%, .. ”
  
  And WHO ARE these economists you refer to?
  
  I follow business trends pretty closely and I know of ABSOLUTELY NO ONE who is forecasting such absurd figures.
  
  Surely you’re not so dense as to expect that all you have to do is lie about something, get everyone to believe it and it will come about as a matter of general agreement, eh?
  
  I mean, like the leftist deceivers on NBC who altered the Zimmerman tapes, because they thought their lies could create the scenario they wanted, which was to hang an innocent man, because he was a gun advocate and had the audacity to shoot a black thug who was beating him. Or like ABC who altered video footage to show no injuries. Or CBS who altered data on good old George’s National Guard record a while back.
  
  There are no lies, deceit, manipulations or level that leftist dregs will not resort to.
  
  “After 2 years hopefully you will learn to invest smartly.”
  
  After two years you will be in the midst of a mob action wondering where it all went wrong and hating yourself for answering that knock on your door.
  
  Report this comment
- socialism.rocks
  Posted on November 25, 2012 at 8:35pm
  every empire kills anti-tax nut jobs…and plutocrats its just a matter of time to all you thinking money-laundering and fraud- is okay so be it— but nations go rogue and seize assets dont come run to the usa government
  
  why do semi-rich people think they are smart- why do a few millionaires think they know better
  i love history i absolutely love it
  
  Report this comment
- Independent4233
  Posted on November 25, 2012 at 9:02pm
  cbrown
  Posted on November 23, 2012 at 5:33pm
  “Every year Faber is on CNBC predicting this same nonsense.”
  
  Why is he wrong?
  
  Can you give even one valid reason why his analysis is incorrect?
  
  “He has the said this about US and China.(sic) ”
  
  He is right on as far as China is concerned also. China’s growth has dropped drastically and all indications are that there is much turmoil among the workers. Know that as the West goes so goes China, since an elimination of Western markets would mean a recession or Depression for China itself. They’re having considerable problems with their worker’s paradise. They house them in government buildings that look like ant hills that house worker ants who get up, go to work, then return to their dorms.
  
  “Not sure how he missed Europe.”
  
  He talks about it frequently and forecasts that they’re on the road to bankruptcy, just as all the others do.
  
  “Faber is a smart guy but has been wrong more times than right. I guarantee, you will not make money listening to him.”
  
  And that’s your expert analysis, eh? Hahahahahaha.
  
  Report this comment
- SituationalGravity
  Posted on November 25, 2012 at 11:06pm
  Socialism is the smiling twin sister of the snickering twin brother Social Darwinism. They both CANNOT survive without accelerated Spending/GDP and Debt/GDP. See America’s historical tables.
  
  This is a scientific absolute. In fact, when the government balances their budgets they systematically dismantle the S&SD twins.
  
  Human history has proven that the S&SD twins have always won in the end. It is what killed Rome.
  
  Report this comment
TheePolitinator
Posted on November 23, 2012 at 3:50pm
Don’t need charts to see what’s happening. If you have researched the global agenda you can clearly see it coming to fruition. Only the ignorant lemmings will argue to the contrary.

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- Lamarr01
  Posted on November 24, 2012 at 4:10am
  Most of the “wealth” in the world are magnetic 1′s and 0′s on a hard drive somewhere. There is nothing “real” about digital records. When the sell orders come in, everyone will try to go through the exit at the same time.
  
  Remember MF Global and Bernie Madoff. They don’t even know where all the money went. Poof.
  
  Report this comment
- JACKTHETOAD
  Posted on November 24, 2012 at 6:00am
  It’s a shame those lemmings are in positions of authority, and in the public eye. They’re the ones that lead the others to the cliff at full-speed, then make a sharp LEFT.
  
  Report this comment
Z
Posted on November 23, 2012 at 3:44pm
Would be nice if we could click on the charts and actually see them. Just a thought.

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- caddieman
  Posted on November 23, 2012 at 4:07pm
  you can download it
  
  Report this comment
cloudsofwar
Posted on November 23, 2012 at 3:29pm
believe in America, obama doesn’t rule us. there are still plenty of people who love America the way it used to be before the debt crisis. obama might even lose power over the next 4 years. we still have a repub congress and now we have to take the senate and keep the house in 2014 then obama will have no power to speak of.

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- stevetherealist
  Posted on November 23, 2012 at 3:37pm
  hate to break it to you but the debt crisis started and continued under republican leadership. They are the money minipulating credit card kings of all time. Experts at shucking their responsibility.
  
  Report this comment
- jjoy
  Posted on November 23, 2012 at 4:09pm
  @clouds…
  
  “we still have a repub congress and now we have to take the senate and keep the house in 2014 then obama will have no power to speak of.”
  
  Sorry clouds, but it is painfully obvious that the rinos are not going to do anything about obama’s “power”… The rinos have had many opportunities to say “No” to obama, yet they do nothing ’cause they are just as “progressive” as obama and the dims…
  
  Report this comment
- girlnurse
  Posted on November 23, 2012 at 4:18pm
  You guys are funny:)
  
  Report this comment
- ChiefGeorge
  Posted on November 23, 2012 at 5:59pm
  I hate to break it to you Steve, but who had the house and senate in 2006? The Dems controlled the purse strings and pushed banks to lend out the waazoo to people who were not worthy of homeownership. Bush tried to reign in Fannie and Freddie but got drowned out by the Lefty spenders. You know its true.
  
  Report this comment
- stevetherealist
  Posted on November 24, 2012 at 10:13am
  hate to break it to you cheifgeorge but it wasn’t the poor defaulting on million dollar mansions and multiple properties purchases via LLCs. It wasn’t the poor creating huge ponzi schemes but you go ahead and keep believing the people that want you to look the other way. I will also point out your hipocrisy regarding the President. You all have no problem blaming this President for high school fights and budgets that are congessional responsibility but when discussing the actual leadership of the country somehow its the dems fault back in 1996. You may also want to take note that dems traditionally support the President and his ideas be them republican or democratic. Can’t say the same for the incredible obstructionist occupying the House during this Presidency
  
  Report this comment
- tommylink
  Posted on November 24, 2012 at 2:14pm
  I don’t see Chiefgeorge even blaming the poor Stevetherealist, he was balming the dems for creating the enviornments in the first place. Large goverment progressives do this they make plans, when it fials they blame the people who oppose it for the problem and say they hate the poor.
  
  The republicans spent too much but the dems are even worst Obama spent more then Bush in his first term and he’s going to spend more in his 2nd. Lets see how well the poor do when people start calling in there debts and the money in there pockets aren’t worth anything.
  
  Report this comment
- freedomcelt
  Posted on November 24, 2012 at 10:33pm
  Hey, STEVETHEREALIST….try some reality…we NEVER heard the end of how AWEFUL and HATEFUL and EVIL George Bush and Republicans were back in 2006+ when the Dems gained Congressional control….Dems are not the “we love whover the President is” crowd…they are vitriolic, rude, and offensive on so many levels it is not funny…if you are “THEREALIST” you claim to be, try some reality….it might help you get off the KOOL AID and the “happy bong” you are hooked on…the reason for the crash started with Democrat desire to allow everyone to borrow as much as possible without regard for whether they could ever pay it back…it grew into a mess….then come 2006 when the all knowing and benevolent Dems got Congress back, they FAILED on an epic level to provide any oversight and stop the coming implosion that occurred….almost like they wanted it that way….I am not a Republican so I am not partisan…but I am an Independent who looks at the facts and reality and saw a whole lot of things on both sides to the aisle going wrong…Bush/Repubs and the Dems….time for you to “GETREAL”….
  
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- stevetherealist
  Posted on November 24, 2012 at 11:20pm
  tommylink…you don’t see it because it doesn’t fit your argument so here let me point it out for you and I quote…” banks to lend out the waazoo to people who were not worthy of homeownership.”
  and freedomcelt…you should try some facts and get real. Our real problem is the debt and the tax and spend policies of the republican party. They spend like drunken sailors but then never tax to pay for it. Then they spend their time blaming it on the next guy and complain when he points the finger back to where the blame really belongs.
  
  Report this comment
stevetherealist
Posted on November 23, 2012 at 3:20pm
you all missed the most important statement…we have had a problem from 1980-2007..don’t worry the republicans are not in control now..we’ll fix their mess but be patient.

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- cemerius
  Posted on November 23, 2012 at 3:23pm
  as long as you STILL believe in Democrat vs Republican you are a blind moronic tool “realist”……
  
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- michaelmoron
  Posted on November 23, 2012 at 3:25pm
  Our Financial problems go way back, But we declared bankruptcy in 1933 and never recovered.
  http://www.youtube.com/watch?v=IlCs7u1ihws
  
  Report this comment
- ChiefGeorge
  Posted on November 23, 2012 at 6:04pm
  Dems run our cities and we see what a mess they are! Clinton was only successful in cutting the budget in the 90s because after his first term the Reps got the House and forced him into doing what Obama has not done and should. Cut spending, reform welfare. Dems are the problem! Always have been, always will be. Why? Because they believe that all men are inherently good and this is not the case. They are the party of handouts and thats just as bad as drug dealing because lives are unproductive and ruined just the same of being addicted to herion..
  
  Report this comment
- Fubared
  Posted on November 23, 2012 at 8:19pm
  Stevie
  Please, I implore your huge brain; spell it out the way that really too smart guy with massive ears couldn’t. Go ahead. Really. You are so simple to think that politicians, no, democrats, will do a damn thing but burn more money? Holy cow. Seek help, you are beyond delusional. One word-budget. Would you give a Paul supporter your bag of weed while you went to the lil girls room?
  
  Report this comment
- stevetherealist
  Posted on November 24, 2012 at 10:18am
  you guys, keep telling me this all through the recovery. Its entertaining to listen to.
  
  Report this comment
- Stelex
  Posted on November 24, 2012 at 10:39am
  StevetheSocialist………Hi Jagov
  
  Report this comment
- Fubared
  Posted on November 24, 2012 at 3:30pm
  Stevie
  What plan, what recovery, what budget? Come on, don’t hold out. Lay 0′s plan out. He is a bidness guru after all. Hey Stevie-just got another printer; want to buy some carbon credits way low? Got some beach front properties in the middle of the pacific for when 0 lowers the oceans. Real cheap dude and I can throw in the carbon credits.
  
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- SituationalGravity
  Posted on November 25, 2012 at 11:00pm
  Obama and the Dems in Congress accelerated Fed Spending/GDP 20% since 2009. The Fed is spending over 18%/GDP on discretionary items; this is an all-time high.
  
  Since the “natural” rate of Fed Revenues is about 17.5%/GDP; America in big-heep trouble.
  
  As for the Dems fixing this situation; who do you think controlled Congress for most of the last 50 years? Truthfully there has been plenty of Repubs in favor of deficit spending.
  
  Since 1961, the Fed has ANNUALLY spent 11% more than it has earned.
  
  Obama is a one trick pony; play the a victim and reap the affirmative action. Unfortunately for most people this means systematic debt and eventual crisis.
  
  The Socialists & Social Darwinists need their constituents to do one thing; IGNORE the debt.
  
  50 years of looting the system by the Fed and the Ruling Class is coming to a head. Either the Fed will cut spending within the means to create revenue; or gravity will do it for them.
  
  Fear wealth taxes and Chinese bank takeovers.
  
  Report this comment
michaelmoron
Posted on November 23, 2012 at 3:15pm
It is so basic is is pathetic.

The United States Government (a corporation established in 1871)
has to go to a PRIVATE BANK (The Federal Reserve) for LOANS to continue to operate !!!!!!

This is how we lost our Country.

We were warned:

“Every effort has been made by the Fed (Reserve) to conceal its powers but the truth is — the Fed has usurped the government!”
– Congressman Louis McFadden

“This [Federal Reserve Act] establishes the most gigantic trust on earth. When the President Wilson signs this bill, the INVISIBLE GOVERNMENT of the monetary power will be legalized….the worst legislative crime of the ages is perpetrated by this banking and currency bill. From now on, depressions will be scientifically created.”
– Charles A. Lindbergh, Sr., 1913

“Behind the ostensible (visible) government sits enthroned an INVISIBLE GOVERNMENT owing no allegiance and acknowledging no responsibility to the people.”
– Theodore Roosevelt

“The real truth of the matter is that a financial element in the large centers has owned the government since the days of Andrew Jackson.”
– President Frankin D. Roosevelt

“Its preparations are concealed, not published. Its mistakes are buried not headlined. Its dissenters are silenced, not praised. No expenditure is questioned, no rumor is printed, no secret is revealed.”
– John F. Kennedy”

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- michaelmoron
  Posted on November 23, 2012 at 3:22pm
  This Hilarious CLASSIC explains it all, in 30 minutes.
  http://www.youtube.com/watch?v=ZPWH5TlbloU
  
  Report this comment
- michaelmoron
  Posted on November 23, 2012 at 3:32pm
  More warnings:
  
  “I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. As a result of the war, corporations have been enthroned, and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed.”
  – Abraham Lincoln
  
  “I believe that banking institutions are more dangerous to our liberties than standing armies”
  – Thomas Jefferson
  
  “The Federal Reserve is one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this Nation is run by the international bankers.”
  – Congressman Louis T. McFadden ( Speech on the House Floor )
  
  “Whoever controls the volume of money in any country is absolute master of all industry and commerce.”
  – President James A. Garfield, assassinated 1881
  
  If the nation can issue a dollar bond, it can also issue a dollar bill. The element that makes the bond good, makes the bill good, also. The difference, between the bond and the bill, is that the bond lets the money-broker collect twice the amount of the bond, and an additional 20%. Whereas the currency, the honest sort, provided by the Constitution, pays nobody, but those, who contribute in some useful way.
  – Thomas Edison
  
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- chicago76
  Posted on November 23, 2012 at 9:28pm
  Well said Michael. Your quotes make me weep for our republic.
  
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cloudsofwar
Posted on November 23, 2012 at 3:12pm
i do believe that obama wants to go over the fiscal cliff. then he can blame the republicans and get the house back in nancy’s hands. after that wealth is gone. it wont matter how much you earn, it’s what your net worth is.

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- Lt_Scrounge
  Posted on November 23, 2012 at 7:20pm
  You’re almost write. They’re going to destroy anyone who isn’t super wealthy. They intend to raise INCOME taxes through the roof, but you don’t see a thing being said about a property or asset tax do you? Income taxes don’t impact those who have already accrued wealth, only those who are trying to get to that point. Want to see the Demon Rats scurry from the SS “Tax the rich” in a hurry? Insist on a property/asset tax on ALL non manufacturing/farming/transportation assets over $10 million to include trust funds and all stocks not in a company they personally operate. That will prevent the family farms and businesses from being impacted while forcing those evil rich people to pay their fair shares. A 10% tax will cost San Fran Nan Pelosi over $14 million, Michael Mooreon over $7 million, John Imarriedawealthywidow Kerry over $20 million, Matt Damon over $5 million, Warren Buffett, Mark Zuckerberg, and Bill Gates over $1 billion each and the list of uber rich liberal dems goes on. If you put that on an annual basis, you could almost cover a year of Obamao’s deficits every other year. You would almost certainly eliminate the wealthy, and their support for the Demonrat party.
  
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thegreatcarnac
Posted on November 23, 2012 at 2:58pm
The sad thing about our coming economic demise is that it is done on purpose. This faux prez is our enemy. He is ruining our economy on purpose because he hates the US and all it entails. It is sad because the democratic party would rather go along with the demise of a great country than give up an inch of power. It is sad because no one in government or in the military has the balls to take the reigns away from this traitor and restore the constitution. The people will have to.

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- VoteBushIn12
  Posted on November 23, 2012 at 3:13pm
  Hahahahaha.
  
  Drink that koolaid, I’m sure it’s delicious.
  
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- steve61lindsey
  Posted on November 23, 2012 at 3:17pm
  You are 100% correct. Alexis de Tocqueville correctly predicted what is happening in America over 160 years ago. We are kidding ourselves thinking things thinking this ship will right itself. We are headed for a world war that will probably include a civil war in the US. I’m not sure if the US will be on the good or evil side this time.
  
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- Twobyfour
  Posted on November 23, 2012 at 3:22pm
  One who laughs last… actually, neither of you would be laughing, however thegreatcarnac may be able to tell you “I told you so”.
  
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- progressiveslayer
  Posted on November 23, 2012 at 3:44pm
  Carnac You’re correct and voteBush you’re an idiot.
  
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- darkknight91
  Posted on November 23, 2012 at 4:46pm
  Votebush must’ve gotten his Obamaphone. That’s why he’s so happy. Unlimited calling and texting. Foodstamps for his belly. Housing for his dwelling. Welfare for his entertainment. Planned Parenthood for all his abortion needs. What’s not to love about President Santa? Oh, I forgot to mention he’ll be wiped out in the first wave when SHTF. Hahahahahaha! Now I find that last part funny.
  
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- cbrown
  Posted on November 23, 2012 at 5:28pm
  Don’t worry, it will be all OK, please listen to some real news once in a while. In next two years we will create 5+ million more jobs, GDP will be increasing 3-4%, Deficit will go down more than 30+%, Stock market will be up 15%, Food stamp recipients will go down by 20+%, ….
  
  Hopefully if all of this comes true then you will stop being in the echo chamber. I guess, not.
  
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- RIGHT_WHERE_IT_HURTS
  Posted on November 24, 2012 at 6:12am
  My money’s on Dr.Octopus. More hands to watch, and so much more interesting too.
  
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robot501
Posted on November 23, 2012 at 2:47pm
Sad to say, but I don’t think the dollar will be around much longer. “Invest” in dry grocery, ammo, and items of trade value like booze and medical supplies. Nod to those that mentioned the “black Friday” mentality, once you peel back that facade of civilization and take a good look it’s not pretty. Imagine the same folks, only starving and cold. Might be even uglier…

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- HoratiusAtTheBridge
  Posted on November 23, 2012 at 10:00pm
  Domo Arigato, Mr Roboto… THANK YOU… Well said! Yes – watch the brutality and savagery over marked down CRAP made in China. Wait until it’s for the few remaining groceries dragged out through smashed store windows because the dollar is worthless and no banks or businesses are open! Really? A bank teller will work for free? Truck drivers for free? People at food processing factories working for poops n’ giggles? This is why I don’t give a rat’s butt about credit card debt; will their employees or collection agency workers man the non-working phones, etc – for free? Spend all you can right now on guns, ammunition, spare parts and trade items like those little tubes of instant coffee. Screw the holidays – save your family now.
  
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hatchetjob
Posted on November 23, 2012 at 2:44pm
On a good note, the DOW is climbing, lol.

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Impenitent
Posted on November 23, 2012 at 2:36pm
We are Weimar … except we have nukes…

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- jman-6
  Posted on November 23, 2012 at 2:54pm
  Look at the bright side, GOD’s still on HIS throne and in control and none of this has or will ever take HIM by surprise!! The problem we have now is simply this; the “MAKERS” will not stick together, they will try to work with the “TAKERS”!! This is LUDICROUS!! Just as you can’t negotiate with a jihadi, you can’t negotiate with marxist terrorists!!
  
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progressiveslayer
Posted on November 23, 2012 at 2:25pm
Wealth destruction wealth redistribution, the Marxist mulatto doesn’t care which both will destroy our economy and that’s his goal.His anti-colonialism compels him to do what he’s doing.

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- kindling
  Posted on November 23, 2012 at 3:17pm
  anti-colonialism compels him to do what he’s doing I do believe you. But I must wonder what he thinks of the march of Islam across the world. Isn’t that a form of colonialism? Is he okay with Islam going in and taking over like what is happening all across Europe and all parts east?
  
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- progressiveslayer
  Posted on November 23, 2012 at 3:31pm
  I don’t think he cares which ‘ism’ is in control as long as capitalism is destroyed,his Marxist ideology is averse to capitalism and freedom.I’m sure he loves what’s going on with the so called ‘Arab spring’ he initiated in Cairo and doesn’t mind communists joining forces with Islamists since they all share a common goal,end western civilization and Israel.
  
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longknifed
Posted on November 23, 2012 at 2:13pm
Beck knew that being a cynic makes you right at least half the time…and crying about Israel makes you right 100% percent of the time…while laughing all the way to the bank.

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- HoratiusAtTheBridge
  Posted on November 23, 2012 at 10:07pm
  Really? Still with the silly and impotent Beck attacks? You can talk cute, SWEETIE, but show us where Beck has been wrong or done anything for the money. My G*d! Our nation is literally dying this very minute and you’re squeezing this crap out of your…PIEhole? Come on!!!!
  
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- longknifed
  Posted on November 24, 2012 at 1:17am
  I hope you are not a guy
  
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girlnurse
Posted on November 23, 2012 at 2:11pm
Well Im not an expert in the stock market or finance..but I don’t care. I sold all my houses, got rid of everything I had (all trinkets, collections, nonessentials). Basically I don’t have a pot to pee in. I found that the more stuff I had the harder it was to keep it. Time to regroup. I pray people don’t act a fool when ASHTF. But take a look at the “black Friday shoppers” and you will see how people will act. Material goods is not where our treasure lies. If we trust Him let us lay up our treasures in heaven.
God is in control and He is the only one who can help us. As long as I get my “daily bread” Im satisfied. I hope to be able to help others and that will be a double blessing. We had a great country but evil has taken over…let the politicians get what they deserve….

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- AbrahamsSheepdog
  Posted on November 23, 2012 at 2:18pm
  wags his tail. Her and blackcrow nailed it. Good work.
  
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- hatchetjob
  Posted on November 23, 2012 at 2:43pm
  GIRLNURSE, I like what you said, and I’m with you.
  
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BlackCrow
Posted on November 23, 2012 at 2:08pm
1. There is no way to pay down or pay off a 16 trillion dollar debt.

2. There is no desire to pay down or pay off that debt.

3. If interest rates returned to their historic levels government from the local school districts to the federal government would see their operating budgets disappear into debt service.

4. If Social Security and food stamp monies were swallowed by debt service then there would be riots and anarchy. No police as they will not be getting paid. Same for National Guard and military. All that would be needed would be a prime rate at 4-5%.

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- UNALIEN
  Posted on November 23, 2012 at 2:23pm
  the real debt, all in is around 200 trillion,,,,,
  
  there is only one way to address it default..
  
  either a slow $ devaluation or a quick devaluation aka bank holiday..
  
  the real problem is defining wealth, the NeoKeynesians have convinced everyone that money is wealth, when it is NOT, it is debt that is is by design devalued over time through “inflation” aka theft
  
  Currency/debt will be devalued slowly at first then quickly… panic early or be left with nothing
  
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- KevINtampa
  Posted on November 23, 2012 at 2:41pm
  Every dollar that’s printed has a Federal Reserve Bank interest tied to it; so technically, if we took all the U.S. dollars in circulation, every last cent, and used it to pay all of our debt we we would still be in debt as a country as we’d owe private banks the interest charged on that total amount. So to all of my fellow Americans that say we need to pay off all of our debt please understand you can not mathematically do that under our current “Federal” Reserve System.
  
  That impossibility has nothing to do with politics, it’s just math.
  
  For instance if there was only one dollar ever printed at a Federal Reserve interest rate of 2%, you would need a $1.02 to pay it back. But if there’s only $1 in circulation how do you come up with the $.02? The answer is you cannot. So to all reading this who say we need to be debt free as a nation, what you are actually saying is that we need to end the current Private Bank Reserve system and move to a backed currency instead of a fiat currency.
  
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- Cavallo
  Posted on November 23, 2012 at 2:55pm
  But… I want my Bama Money!!!!!
  
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- SituationalGravity
  Posted on November 25, 2012 at 11:27pm
  Money is merely the paper that buys what we really need; energy resources.
  
  Energy resources; fuel & food, are the basic requirements. Invest in fuel & food. Ammo is a form of fuel; it defends a trajectory.
  
  The debt; paper & IOU’s increase, but the resources cannot keep up with the acceleration. Therefore the price tags increase.
  
  Evidently there is enough worldwide production to keep prices relatively low, for now.
  
  America may be turning into a Ruling Class nightmare, but healthy capitalism is breaking out all over the world.
  
  Scientifically speaking; the essence of Conservatism is a balanced budget agenda.
  
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jimbo_from_suwanee
Posted on November 23, 2012 at 2:07pm
16 Trillion in debt and 15 trillion spent on “The War on Poverty”. I wonder how low the unemployment rate would be if we had 15 trillion more in capital investment in the economy.

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DadRocked
Posted on November 23, 2012 at 1:36pm
Comments are good but action speaks…
Watch/Invest in the necessities like makers of toiletries (Johnson/Johnson or Proctor & Gamble), utilities, lumber, natural resources and amongst many others makers of efficiency like motorcycles.

Example, we are fully aware that fuel prices are going to go high, we need transportation.
More and more folks will be turning to scoots for it.

Hint Hint, Wink Wink: If you have a few bucks, buy a motorcycle or stock in a bike maker – If you can invest in the U.S. makers (Indian, Harley, Hodaka, Rokon or Victory).
Otherwise the Japanese makers (Honda, Kawasaki, Suzuki, etc). Fuel goes up and the bike sales will drastically increase.

Not only stock price increases but most of these makers will pay you in dividends. Reinvest the dividends to purchase more stock.

Just saying…

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- AbrahamsSheepdog
  Posted on November 23, 2012 at 1:52pm
  You go back to the bar. You just really are out there. Im a motorcycle tech, he doesn’t know crap. Believe whoever the hell you want to. Have another shot patron.
  
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- AbrahamsSheepdog
  Posted on November 23, 2012 at 2:05pm
  Dad what’s a perfect stoiciometrick ratio (at sea level)? Difference between a needle jet and a jet needle. Wink 1 is an emalsion tube. Well? Your parts guy at shop may know. Bet he has to look it up! Ps bike parts are not all made in usa. Subcontracting all day. Everyday.
  
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- auntmoxie.com
  Posted on November 23, 2012 at 2:24pm
  But when you cash out, you’re still getting American dollars. I’m not so sure that’s a winning formula.
  
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- robot501
  Posted on November 23, 2012 at 2:43pm
  Your best “investments” would be in dry grocery, liquor and ammo. The dollar is not long for this world.
  
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- KevINtampa
  Posted on November 23, 2012 at 2:49pm
  @Aunt
  
  Barring a total system collapse, stocks are a good invest as they are inflation resistant. As money enters circulation there’s more money to be invested. More money invested means stock values (prices) in successful companies go up. Now in a total collapse where there is no more stock market you are SOL. If you are worried about the eventuality occurring in our lifetime you need to buy hard assets that you possess. Some people say gold is good, but I disagree. If SHTF where stocks are no longer traded no one will want gold. You’d be better off in that situation with stock piles of Slim Jims or some other long shelf life meat.
  
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- DadRocked
  Posted on November 23, 2012 at 3:04pm
  AbrahamsSheepdog – Say what you may but I’ve had two professions over the past 45 working years.
  Cop for over 18yrs and a financial numbers guy for over 20yrs. Average scoot gets what? 37mpg. average car 20mpg? More and more of the younger crowd getting into bikes with less expendable cash flow? Numbers are black and white. No contest.
  
  Just speaking of where to put some cash that will grow at a better rate than the U.S. average savings account of 0.00-0.25%.
  
  Really out there? Hmmm, blue collar guy stuck in a white collar world.
  
  As for the bar, do you only drink milk?
  
  Glad that you’re a tech but I’ve driven scoots for 40yrs and can repair my own.
  
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- DadRocked
  Posted on November 23, 2012 at 3:06pm
  Robot501 – Those are more options but ammo will only increase due to the taxes and not the profit margin of the manufacturers.
  
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- DadRocked
  Posted on November 23, 2012 at 3:09pm
  AbrahamsSheepdog – A Road King compared to a Prius are close and true that actually don’t spend as much filling up the Prius. But who buys a Prius. Comparing the fuel costs to an SUV on the other hand can save you a lot. Maintenance and service are also comparable. Where motorcycles cost more is in tires. Even though you only need to replace half the tires, they last a quarter of the miles and cost twice as much. Make sure you have some cash in the bank come 12K miles and you need to replace your tires.
  
  So even though riding a motorcycle can save 25-75% over driving a car, there are some costs that you will incur.
  
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- DadRocked
  Posted on November 23, 2012 at 3:16pm
  Avg cost of just a bike, what maybe $10k vs the avg cost of just a car… $18k?
  
  Numbers just won’t lie.
  
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- AbrahamsSheepdog
  Posted on November 23, 2012 at 3:26pm
  @dad. You can’t answer. 40 yrs, huh. 2 professional jobs aint much. I just win. Hands down. Go buy rokon. Or CanAM.
  
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- DadRocked
  Posted on November 23, 2012 at 3:33pm
  AbrahamsSheepdog – “Dad what’s a perfect stoiciometrick ratio (at sea level)?”
  
  Are you referring to gasoline, natural gas, propane, ethanol, methanol, hydrogen, diesel or wood?
  
  Since we’re talking about scoots, I would vote gasoline. In that case the air to fuel ratio at sea level is 14.696 pounds per square inch.
  
  And the average elevation in the U.S. is 6,162ft.
  The average is between VA (5,729ft) and NH (6,288ft)
  
  Since my residence once was in FL then the stoiciometrick ratio would be 14,696ppsi.
  But now that I live in VA.
  
  Do we need to go on with this AbrahamsSheepdog knows better than DadRocked?
  
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- DadRocked
  Posted on November 23, 2012 at 3:47pm
  SheepDog – This isn’t about what kind of bike to get, (although my personal preference is an Indian or Victory over an HD) my comments are about some ideas of where to place ones monies.
  
  I’m sure that your a great scoot tech, but if nobody puts funds into your brand, your company WILL go kaput.
  
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- AbrahamsSheepdog
  Posted on November 23, 2012 at 9:52pm
  @Dad. Ok, you did homework. If you like scoots, then you’re ok by me. Sorry to give you a hard time. I can’t give bike away people are broke! It’s not funny to me. Times are tough and even old 2 cyl twins ain’t selling well at all. Once again sorry. Keep riding (one tire on the ground!) Peace
  
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- DadRocked
  Posted on November 24, 2012 at 10:04am
  AbrahamsSheepdog – “@Dad. Ok, you did homework”.
  Have to admit that I reached for my Chilton’s are but nothing of a ‘stoiciometrick ratio’. You had me… then went to ‘al gore’s amazing internet’ – I relaxed to find that it was something that I knew about… But how to calculate was a challenge. So I went digging deeper to learn more.
  Thanks Teach!
  
  If you like scoots, then you’re ok by me. Sorry to give you a hard time.
  
  “I can’t give bike away people are broke! It’s not funny to me. Times are tough and even old 2 cyl twins ain’t selling well at all.”
  Your saying this doesn’t surprise me… D.C.area (me in Fairfax VA), only see people working and unemployment rate is ONLY a number. I get back to CLE OH and see it. Just like when carter was in…
  
  “Once again sorry.” – No apology needed… Sometimes its the only way to weed out the sheep.
  “Keep riding (one tire on the ground!)” – I’m old school… KEEP THE RUBBER SIDE DOWN!
  
  “Peace” Back at you… you DAWG!
  
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MrKnowItAll
Posted on November 23, 2012 at 1:30pm
People KILL for Money. I have to believe they will KILL to keep it! Martini to Night Train? (Night Train is the Wine without a Grape in it) 78 Cents a pint! NO! Ain’t Gonna happen. Martini to Saki? Maybe. Advise no one has given you. GET ASIAN FRIENDS! Fast!

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Seedyman
Posted on November 23, 2012 at 1:21pm
Obviously, the left/progressives that are in government from city councils to the White House either don’t want to listen to Farber and others like him or they just want the whole thing to collapse. I suspect the latter. With collapse; will come power. Power over others seems to be more of an intoxicant than money, integrity, honesty, honor,or national sovereignty.
The Sheeple of America spoke on November 6th. With their vote, they have unknowingly (poorly educated/lazy) emboldened Obama and all the progressives in positions of power and they will be stripping our Constitution and our personal ethical and moral standards as quickly as possible. Many of the people in power positions have neither ethics, morals, integrity or any common sense.Just a thirst for power in what ever form they can get it.

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Ruckus_Tom
Posted on November 23, 2012 at 1:16pm
Math and numbers are hard.

As long as I got my ObamaPhone, it’s cool.

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- hatchetjob
  Posted on November 23, 2012 at 2:52pm
  Yeah, but you can’t wipe your bottom with the Obama phone, oh wait, on second thought…
  
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- charles116
  Posted on November 23, 2012 at 6:19pm
  It’s a Bush phone.
  Do some reading,
  
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- Fubared
  Posted on November 23, 2012 at 8:32pm
  116
  It’s gun walker versus fast and furious. Read more.
  
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chips1
Posted on November 23, 2012 at 1:13pm
WOW!!!! I thought Obama was stupid before, now I think he has set new records. His IQ is in the minus. He gives blacks a bad name. Why aren’t more of them pointing this out? I was hoping we were all Americans. My bad!!!!

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- Mike Austin
  Posted on November 23, 2012 at 2:04pm
  They won’t bite the hand that feeds them. Or that gives them free phones.
  
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- chips1
  Posted on November 23, 2012 at 2:21pm
  Your statement is more complete than mine. I guess I’m limited. Old age does that.
  
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- madvlad
  Posted on November 23, 2012 at 8:50pm
  We were all Americans? Nope, we’re moving beyond that now. We’re basically two self-segregating camps that really don’t want to be around each other any more. The Preezie said in his victory speech “We’re not the Red States or the Blue States, we’re the United States.” He knows better.
  
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blaaaaackwoman
Posted on November 23, 2012 at 1:10pm
Well if you think he is right just put your money in inverse ETFs. For instance SPXU will go up 3% for every 1% drop in the S & P 500 index. You could get rich while all the optimistic people go broke.

I wonder how much of Faber’s money is on the short side? Does he put his money where his mouth is?

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Gary_K
Posted on November 23, 2012 at 1:09pm
I can sum it up very easily…..We’re screwed !

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RodT82721
Posted on November 23, 2012 at 1:05pm
Really doesn’t take a financial guru to understand what’s happening to the Nation today.
Step 1 – Dumb down the voters. That step is now complete. Most voters have no idea what they are voting for.
Step 2 – Spend all their wealth. $16 Trillion in debt, pretty much tells the story of our big spending elected officials.
Step 3 – Paying people not to work, with borrowed money from those not yet born. The final key to complete ruin.

We are not the 1st to suffer this fate, and wont be the last as long a snake oil salesman exist.
But the real secret is 1st capturing the education system
.

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- fancynancy
  Posted on November 23, 2012 at 2:18pm
  I agree about the education system…it’s crap now. Our g-kids are going to be home schooled. It’s hoopla to be able to do it in WA but she’s doing it anyway.
  
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- TreeTrimmerJim
  Posted on November 23, 2012 at 7:25pm
  Nature’s Law demands that parents teach their children to survive where they live or face extinction. There are no geographic cures for survival. It appears that parents are failing their children, sending them on a path towards extinction in rural American and slum communities. A closer look reveals parents are being replaced as the guide who directs the education of their young. They are being replaced with central planning “experts” and increasingly the evidence is “don’t fool with Nature”. The children are not being sufficiently educated to insure their survival, as a result rural communities are shrinking and slums are growing. Compounding this problem, these poorly educated children are soon the parents of the next generation of this downward spiral.
  
  “Lack of knowledge… that is the problem.” ~ W. Edwards Deming
  
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E.Souchak
Posted on November 23, 2012 at 1:02pm
It is all being orchestrated out of Chicago

Chicago Tribune reporter John Chase talks about Rezko’s friend and sponsor

http://illinoispaytoplay.com/2012/11/23/chicago-tribune-reporter-john-chase-talks-about-rezkos-friend-and-sponsor/

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- SanDiegoCountyCitizen
  Posted on November 23, 2012 at 2:19pm
  I gets my Obama money, my obama phone, my obamacare, my welfare, my food stamps and my section 8 housing…. I gets lots of wealth and Is dont need to pay any taxes. In line at Walmart for my 3rd flat screen tv right now! You keep on working, and ill keep on spending it for you!
  
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