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	<title>Comments on: The Great Crash</title>
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	<description>HotAir.com&#039;s Greenroom</description>
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		<title>By: Sen. Ron Johnson and the American “tipping point” &#124; Undivided US</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-2/#comment-141862</link>
		<dc:creator>Sen. Ron Johnson and the American “tipping point” &#124; Undivided US</dc:creator>
		<pubDate>Tue, 29 Jan 2013 05:52:25 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-141862</guid>
		<description><![CDATA[[...] describes as the &#8220;tipping point&#8221; is similar to what I&#8217;ve long described as &#8220;The Great Crash&#8220;: the moment at which all the smart people who don&#8217;t feel like playing along with the [...]]]></description>
		<content:encoded><![CDATA[<p>[...] describes as the &#8220;tipping point&#8221; is similar to what I&#8217;ve long described as &#8220;The Great Crash&#8220;: the moment at which all the smart people who don&#8217;t feel like playing along with the [...]</p>
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		<title>By: Lortab medication.</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-2/#comment-61051</link>
		<dc:creator>Lortab medication.</dc:creator>
		<pubDate>Fri, 07 May 2010 15:56:51 +0000</pubDate>
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		<description><![CDATA[&lt;strong&gt;How to snort lortab....&lt;/strong&gt;

Lortab 7.5-500....]]></description>
		<content:encoded><![CDATA[<p><strong>How to snort lortab&#8230;.</strong></p>
<p>Lortab 7.5-500&#8230;.</p>
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		<title>By: The Answer to Socialism &#171; Doctor Zero</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-2/#comment-50480</link>
		<dc:creator>The Answer to Socialism &#171; Doctor Zero</dc:creator>
		<pubDate>Sun, 07 Feb 2010 08:45:25 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50480</guid>
		<description><![CDATA[[...] believe this system is very close to total collapse. If nothing else triggers it, the explosive bankruptcy of Social Security and Medicare will. The [...]]]></description>
		<content:encoded><![CDATA[<p>[...] believe this system is very close to total collapse. If nothing else triggers it, the explosive bankruptcy of Social Security and Medicare will. The [...]</p>
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		<title>By: The Greenroom &#187; Forum Archive &#187; The Answer to Socialism</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-2/#comment-50479</link>
		<dc:creator>The Greenroom &#187; Forum Archive &#187; The Answer to Socialism</dc:creator>
		<pubDate>Sun, 07 Feb 2010 08:43:08 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50479</guid>
		<description><![CDATA[[...] believe this system is very close to total collapse. If nothing else triggers it, the explosive bankruptcy of Social Security and Medicare will. The [...]]]></description>
		<content:encoded><![CDATA[<p>[...] believe this system is very close to total collapse. If nothing else triggers it, the explosive bankruptcy of Social Security and Medicare will. The [...]</p>
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		<title>By: Mojave Mark</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-2/#comment-50413</link>
		<dc:creator>Mojave Mark</dc:creator>
		<pubDate>Sat, 06 Feb 2010 19:07:29 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50413</guid>
		<description><![CDATA[The rest of the &quot;free&quot; world is our parasite. They are free because our armies are there to defend them. When we go down, we&#039;re taking the rest of you with us. 

All because the Democrats wanted power.]]></description>
		<content:encoded><![CDATA[<p>The rest of the &#8220;free&#8221; world is our parasite. They are free because our armies are there to defend them. When we go down, we&#8217;re taking the rest of you with us. </p>
<p>All because the Democrats wanted power.</p>
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		<title>By: speed</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-2/#comment-50392</link>
		<dc:creator>speed</dc:creator>
		<pubDate>Sat, 06 Feb 2010 17:22:11 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50392</guid>
		<description><![CDATA[Well done Doc! First the good news, the National TEA PARTY convention is great, and I&#039;m looking forward to listening to Governor Palin tonight. The bad news, of course is that Doc is right. Unfortunately fixing the deficit spending will not stop the coming storm. We have the dubious honor of front row seats at the collapse of a 300 year old economic experiment in &quot;monetized debt&quot;. Federal deficit spending is probably the last great credit bubble made possible by this &quot;experiment&quot; in monetary implementation before the whole thing collapses. Deficit spending can add energy to the coming implosion but arresting spending won&#039;t stop it. You can almost feel the cracks forming as $14 Trillion (M3) of money attempts to support the weight of $52.6 Trillion in US debt. Monetized debt was a bad idea when proposed to the British Parliment in 1698 and has not improved with age. It does a marvelous job of drowning a government and Nation in debt and that is about it. Oh, on the short term it&#039;s a swell tool for controlling the body politic, unlimited funds will buy alot of media and politicians, but in the long term it always ends the same.... an economic Tsunamia.

From the convention floor.]]></description>
		<content:encoded><![CDATA[<p>Well done Doc! First the good news, the National TEA PARTY convention is great, and I&#8217;m looking forward to listening to Governor Palin tonight. The bad news, of course is that Doc is right. Unfortunately fixing the deficit spending will not stop the coming storm. We have the dubious honor of front row seats at the collapse of a 300 year old economic experiment in &#8220;monetized debt&#8221;. Federal deficit spending is probably the last great credit bubble made possible by this &#8220;experiment&#8221; in monetary implementation before the whole thing collapses. Deficit spending can add energy to the coming implosion but arresting spending won&#8217;t stop it. You can almost feel the cracks forming as $14 Trillion (M3) of money attempts to support the weight of $52.6 Trillion in US debt. Monetized debt was a bad idea when proposed to the British Parliment in 1698 and has not improved with age. It does a marvelous job of drowning a government and Nation in debt and that is about it. Oh, on the short term it&#8217;s a swell tool for controlling the body politic, unlimited funds will buy alot of media and politicians, but in the long term it always ends the same&#8230;. an economic Tsunamia.</p>
<p>From the convention floor.</p>
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		<title>By: Rovin</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-2/#comment-50390</link>
		<dc:creator>Rovin</dc:creator>
		<pubDate>Sat, 06 Feb 2010 17:17:38 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50390</guid>
		<description><![CDATA[&lt;blockquote&gt;Thats twice in a row I’m finding point of agreement, Doc. Has hell frozen over?  

ernesto on February 6, 2010 at 10:28 AM&lt;/blockquote&gt;

Maybe more like a &quot;thawing reality&quot; ernesto?  I find it refreshing to see you, (if I may), understanding that perhaps the radical direction our current leadership is attempting to take us, might be a &quot;little too aggressive&quot;, with an emphasis on the reliance of our Federal government.]]></description>
		<content:encoded><![CDATA[<blockquote><p>Thats twice in a row I’m finding point of agreement, Doc. Has hell frozen over?  </p>
<p>ernesto on February 6, 2010 at 10:28 AM</p></blockquote>
<p>Maybe more like a &#8220;thawing reality&#8221; ernesto?  I find it refreshing to see you, (if I may), understanding that perhaps the radical direction our current leadership is attempting to take us, might be a &#8220;little too aggressive&#8221;, with an emphasis on the reliance of our Federal government.</p>
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		<title>By: Dark-Star</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-2/#comment-50380</link>
		<dc:creator>Dark-Star</dc:creator>
		<pubDate>Sat, 06 Feb 2010 16:42:39 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50380</guid>
		<description><![CDATA[&lt;blockquote&gt;The people targeted most aggressively by desperate socialists can simply leave the system. They can stop investing, hoard their wealth, or move overseas.&lt;/blockquote&gt;

If you have the resources, I would suggest just that.

But what of those left without much of anything thanks to a crumbling economy? Hard to do the &quot;stock up on guns/food/etc.&quot; bit when you&#039;re almost broke.]]></description>
		<content:encoded><![CDATA[<blockquote><p>The people targeted most aggressively by desperate socialists can simply leave the system. They can stop investing, hoard their wealth, or move overseas.</p></blockquote>
<p>If you have the resources, I would suggest just that.</p>
<p>But what of those left without much of anything thanks to a crumbling economy? Hard to do the &#8220;stock up on guns/food/etc.&#8221; bit when you&#8217;re almost broke.</p>
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		<title>By: ernesto</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-2/#comment-50370</link>
		<dc:creator>ernesto</dc:creator>
		<pubDate>Sat, 06 Feb 2010 15:28:11 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50370</guid>
		<description><![CDATA[&lt;blockquote&gt;Simply returning to the bloated budget of George Bush’s final year would require a historically unprecedented cut of over 15% in total government spending.&lt;/blockquote&gt;

Even as someone who has no philosophical qualms with the idea of collectivist policy, I cannot ignore this fact. 

The federal government simply does too much. I&#039;d love to see an American society that could provide for those with no means and pursue all sorts of projects in the name of the public good...but doing so on the federal level, as you say at the beginning of your post, just will not work. 

Decentralization, even for those with visions of a more equal, collective society, must be the priority for federal policy going forward. 

Thats twice in a row I&#039;m finding point of agreement, Doc. Has hell frozen over? :D]]></description>
		<content:encoded><![CDATA[<blockquote><p>Simply returning to the bloated budget of George Bush’s final year would require a historically unprecedented cut of over 15% in total government spending.</p></blockquote>
<p>Even as someone who has no philosophical qualms with the idea of collectivist policy, I cannot ignore this fact. </p>
<p>The federal government simply does too much. I&#8217;d love to see an American society that could provide for those with no means and pursue all sorts of projects in the name of the public good&#8230;but doing so on the federal level, as you say at the beginning of your post, just will not work. </p>
<p>Decentralization, even for those with visions of a more equal, collective society, must be the priority for federal policy going forward. </p>
<p>Thats twice in a row I&#8217;m finding point of agreement, Doc. Has hell frozen over? <img src='http://media.hotair.com/greenroom/wp-includes/images/smilies/icon_biggrin.gif' alt=':D' class='wp-smiley' /> </p>
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		<title>By: Rovin</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-2/#comment-50369</link>
		<dc:creator>Rovin</dc:creator>
		<pubDate>Sat, 06 Feb 2010 15:15:25 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50369</guid>
		<description><![CDATA[&lt;blockquote&gt;I love trolls who can’t contribute intelligently to a finely expressed opinion so they divert and deflect with their own brand of idiocy. Part of the reason we’re in the trouble we’re in.

Mr_Magoo on February 6, 2010 at 7:38 AM&lt;/blockquote&gt;

They really can&#039;t find the ability to rationally think for themselves Magoo.  While I do place much of the blame on our current educational system, Doc&#039;s point about a generation of entitlement mentality---which is systematically creating a binding government dependency---seems to also &quot;feed the animal&quot;.  While many conservatives will win seats in November campaigning on reducing the size of government, I believe we need to revisit the liberal curriculum coming out of our public school systems, and the universities preaching this statist ideology.  Instead of preparing a student for the harsh realities of a global 21st century where competition, ingenuity, and productivity will be the reward, we have a current educational system that values self-esteem over achievement with an emphasis on social engineering.  Until this changes, it will remain a vicious cycle of government reliance versus individual responsibility.]]></description>
		<content:encoded><![CDATA[<blockquote><p>I love trolls who can’t contribute intelligently to a finely expressed opinion so they divert and deflect with their own brand of idiocy. Part of the reason we’re in the trouble we’re in.</p>
<p>Mr_Magoo on February 6, 2010 at 7:38 AM</p></blockquote>
<p>They really can&#8217;t find the ability to rationally think for themselves Magoo.  While I do place much of the blame on our current educational system, Doc&#8217;s point about a generation of entitlement mentality&#8212;which is systematically creating a binding government dependency&#8212;seems to also &#8220;feed the animal&#8221;.  While many conservatives will win seats in November campaigning on reducing the size of government, I believe we need to revisit the liberal curriculum coming out of our public school systems, and the universities preaching this statist ideology.  Instead of preparing a student for the harsh realities of a global 21st century where competition, ingenuity, and productivity will be the reward, we have a current educational system that values self-esteem over achievement with an emphasis on social engineering.  Until this changes, it will remain a vicious cycle of government reliance versus individual responsibility.</p>
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		<title>By: RADIOONE</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-2/#comment-50366</link>
		<dc:creator>RADIOONE</dc:creator>
		<pubDate>Sat, 06 Feb 2010 14:44:18 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50366</guid>
		<description><![CDATA[Who is John Galt?]]></description>
		<content:encoded><![CDATA[<p>Who is John Galt?</p>
]]></content:encoded>
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		<title>By: esblowfeld</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-2/#comment-50365</link>
		<dc:creator>esblowfeld</dc:creator>
		<pubDate>Sat, 06 Feb 2010 14:34:51 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50365</guid>
		<description><![CDATA[﻿Dr. Zero is rather bright for a young wipper-snapper.
-
B.O.’s tax rate increases will once again prove the Laffer curve.
-
As tax &lt;strong&gt;rates&lt;/strong&gt; go up, tax &lt;strong&gt;revenue&lt;/strong&gt; will be reduced.
-
It happens every time congress tries to squeeze the economy.
-
It’s the Al Capone school of Government.
-]]></description>
		<content:encoded><![CDATA[<p>﻿Dr. Zero is rather bright for a young wipper-snapper.<br />
-<br />
B.O.’s tax rate increases will once again prove the Laffer curve.<br />
-<br />
As tax <strong>rates</strong> go up, tax <strong>revenue</strong> will be reduced.<br />
-<br />
It happens every time congress tries to squeeze the economy.<br />
-<br />
It’s the Al Capone school of Government.<br />
-</p>
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		<title>By: johnmackeygreene</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-2/#comment-50364</link>
		<dc:creator>johnmackeygreene</dc:creator>
		<pubDate>Sat, 06 Feb 2010 14:27:36 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50364</guid>
		<description><![CDATA[Excellent post all around.

This sentiment is something I&#039;ve been thinking about lately, myself:

&lt;blockquote&gt;Liberal politicians assume the population will go on blindly producing the same extraordinary prosperity, no matter how much the government skims off the top.&lt;/blockquote&gt;

Even getting away from entitlement spending, in the larger context of our society and our economy, many people in Washington, on both the right and the left, often exhibit this attitude. That there is something &lt;em&gt;intrinsic&lt;/em&gt; about American prosperity and that no matter how much sand you throw into the gears, the system will continue to just hum along as it always have. 

We aren&#039;t the richest and freest people on Earth by some kind of historical accident; we were bequeathed a very specific and deliberate system that is being slowly eroded on multiple fronts by cheap politicians who pursue shot term electoral success in the present at the expense of both our heritage and our future prosperity.]]></description>
		<content:encoded><![CDATA[<p>Excellent post all around.</p>
<p>This sentiment is something I&#8217;ve been thinking about lately, myself:</p>
<blockquote><p>Liberal politicians assume the population will go on blindly producing the same extraordinary prosperity, no matter how much the government skims off the top.</p></blockquote>
<p>Even getting away from entitlement spending, in the larger context of our society and our economy, many people in Washington, on both the right and the left, often exhibit this attitude. That there is something <em>intrinsic</em> about American prosperity and that no matter how much sand you throw into the gears, the system will continue to just hum along as it always have. </p>
<p>We aren&#8217;t the richest and freest people on Earth by some kind of historical accident; we were bequeathed a very specific and deliberate system that is being slowly eroded on multiple fronts by cheap politicians who pursue shot term electoral success in the present at the expense of both our heritage and our future prosperity.</p>
]]></content:encoded>
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		<title>By: allstonian</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-2/#comment-50363</link>
		<dc:creator>allstonian</dc:creator>
		<pubDate>Sat, 06 Feb 2010 14:06:45 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50363</guid>
		<description><![CDATA[There is no avoiding this crash.  Everything will have to re-value and we must reevaluate our priorities...a bronze statue by Giacometti sold for $104.3 million a few days ago.  A statue sold for $104.3 million.  What is wrong with us?]]></description>
		<content:encoded><![CDATA[<p>There is no avoiding this crash.  Everything will have to re-value and we must reevaluate our priorities&#8230;a bronze statue by Giacometti sold for $104.3 million a few days ago.  A statue sold for $104.3 million.  What is wrong with us?</p>
]]></content:encoded>
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		<title>By: mountainmanbob</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-2/#comment-50362</link>
		<dc:creator>mountainmanbob</dc:creator>
		<pubDate>Sat, 06 Feb 2010 14:01:01 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50362</guid>
		<description><![CDATA[Doc,
As always, great post.
I&#039;ve been telling friends and family for years that this insane spending is going to destroy us. I remember one of the &quot;boy wonder&quot; economic advisors to Obama, one Peter Orzag (OMB) stating that a 9 trillion dollar debt is unsustainable. The demoncRATS just raised the debt limit to over 14 trillion and it has been said that that ceiling will be reached by the end of March. 
The only way to stop this madness is to withhold revenue to the treasury. A good old fashioned tax revolt would starve the machine of funds for the myriad of unnecessary programs. 
Without bold action on the part of THE PEOPLE, I fear the good Dr. is correct, the predicted crash will occur; not if but when.]]></description>
		<content:encoded><![CDATA[<p>Doc,<br />
As always, great post.<br />
I&#8217;ve been telling friends and family for years that this insane spending is going to destroy us. I remember one of the &#8220;boy wonder&#8221; economic advisors to Obama, one Peter Orzag (OMB) stating that a 9 trillion dollar debt is unsustainable. The demoncRATS just raised the debt limit to over 14 trillion and it has been said that that ceiling will be reached by the end of March.<br />
The only way to stop this madness is to withhold revenue to the treasury. A good old fashioned tax revolt would starve the machine of funds for the myriad of unnecessary programs.<br />
Without bold action on the part of THE PEOPLE, I fear the good Dr. is correct, the predicted crash will occur; not if but when.</p>
]]></content:encoded>
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		<title>By: bikermailman</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-2/#comment-50358</link>
		<dc:creator>bikermailman</dc:creator>
		<pubDate>Sat, 06 Feb 2010 13:11:06 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50358</guid>
		<description><![CDATA[&lt;blockquote&gt;Yep. But FDR wasn’t stupid. You could ‘collect’ when you were 65. Only, at that time, average life expectancy was 59. And over the years no one thought to change the date of when you could start collecting (other than to start EARLIER with reduced benefits at age 62).

GarandFan on February 5, 2010 at 8:59 PM&lt;/blockquote&gt;

They did, with the &#039;reform&#039; in the 80s, along with increases in the taxes.  As a 41 year old, I can (theoretically anyway) draw from SS when I&#039;m 67 and some months.  They pushed Doomsday back a few years with this, due to the cash cow that was the Baby Boomers in their earning prime.

A comment on more and more people working for the Government, at all levels:  Once we reach a certain number of people working for the State, then they&#039;ll be &#039;unable&#039; to cut government spending.  We&#039;ll be putting millions of people out of work, ya know.]]></description>
		<content:encoded><![CDATA[<blockquote><p>Yep. But FDR wasn’t stupid. You could ‘collect’ when you were 65. Only, at that time, average life expectancy was 59. And over the years no one thought to change the date of when you could start collecting (other than to start EARLIER with reduced benefits at age 62).</p>
<p>GarandFan on February 5, 2010 at 8:59 PM</p></blockquote>
<p>They did, with the &#8216;reform&#8217; in the 80s, along with increases in the taxes.  As a 41 year old, I can (theoretically anyway) draw from SS when I&#8217;m 67 and some months.  They pushed Doomsday back a few years with this, due to the cash cow that was the Baby Boomers in their earning prime.</p>
<p>A comment on more and more people working for the Government, at all levels:  Once we reach a certain number of people working for the State, then they&#8217;ll be &#8216;unable&#8217; to cut government spending.  We&#8217;ll be putting millions of people out of work, ya know.</p>
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		<title>By: Mr_Magoo</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-2/#comment-50355</link>
		<dc:creator>Mr_Magoo</dc:creator>
		<pubDate>Sat, 06 Feb 2010 12:59:18 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50355</guid>
		<description><![CDATA[There were approximately 80 million babies born during the Boomer years (1946-1964). By 2027, our &#039;potential&#039; SSI liability for Boomers alone could be upwards of $960,000,000,000 per year. Using simple math:

80,000,000 x $12,000 per year = $960,000,000,000

Of course, this assumes that all Boomers survive, apply and collect approx. $1,000.00 per month. Obviously, it is much more complex than that - but it gives one an idea of what is at stake here. And it is only 17 years from now. The way Congress kicks the can down the road...]]></description>
		<content:encoded><![CDATA[<p>There were approximately 80 million babies born during the Boomer years (1946-1964). By 2027, our &#8216;potential&#8217; SSI liability for Boomers alone could be upwards of $960,000,000,000 per year. Using simple math:</p>
<p>80,000,000 x $12,000 per year = $960,000,000,000</p>
<p>Of course, this assumes that all Boomers survive, apply and collect approx. $1,000.00 per month. Obviously, it is much more complex than that &#8211; but it gives one an idea of what is at stake here. And it is only 17 years from now. The way Congress kicks the can down the road&#8230;</p>
]]></content:encoded>
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	<item>
		<title>By: Mr_Magoo</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-2/#comment-50353</link>
		<dc:creator>Mr_Magoo</dc:creator>
		<pubDate>Sat, 06 Feb 2010 12:38:26 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50353</guid>
		<description><![CDATA[&lt;blockquote&gt;What do you mean if we fail?

We’re a little country what has a horrific percentage of peoples what can review the situation you lay out for us and say hey this looks like a job for &lt;strike&gt;Sarah Palin&lt;/strike&gt; &lt;strong&gt;Hope &amp; Change&lt;/strong&gt;.

God help us.

We’re so screwed.

happyfeet on February 5, 2010 at 8:39 PM&lt;/blockquote&gt;

FIFY.

I love trolls who can&#039;t contribute intelligently to a finely expressed opinion so they divert and deflect with their own brand of idiocy. Part of the reason we&#039;re in the trouble we&#039;re in.]]></description>
		<content:encoded><![CDATA[<blockquote><p>What do you mean if we fail?</p>
<p>We’re a little country what has a horrific percentage of peoples what can review the situation you lay out for us and say hey this looks like a job for <strike>Sarah Palin</strike> <strong>Hope &amp; Change</strong>.</p>
<p>God help us.</p>
<p>We’re so screwed.</p>
<p>happyfeet on February 5, 2010 at 8:39 PM</p></blockquote>
<p>FIFY.</p>
<p>I love trolls who can&#8217;t contribute intelligently to a finely expressed opinion so they divert and deflect with their own brand of idiocy. Part of the reason we&#8217;re in the trouble we&#8217;re in.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Stepan</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-2/#comment-50352</link>
		<dc:creator>Stepan</dc:creator>
		<pubDate>Sat, 06 Feb 2010 12:30:20 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50352</guid>
		<description><![CDATA[There is hope for our young people after all.]]></description>
		<content:encoded><![CDATA[<p>There is hope for our young people after all.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: petefrt</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-2/#comment-50347</link>
		<dc:creator>petefrt</dc:creator>
		<pubDate>Sat, 06 Feb 2010 11:35:31 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50347</guid>
		<description><![CDATA[&lt;blockquote&gt;During my college days in the early Nineties...&lt;/blockquote&gt;

I am, err... umm..., amazed to find you&#039;re so young. You have the wisdom and polish of someone many years your elder. So I imagine you have a brilliant future ahead. Move over, Charles Krauthammer, Victor Davis Hanson,&lt;em&gt; et al&lt;/em&gt;. Meanwhile, it&#039;s great having you at HA.]]></description>
		<content:encoded><![CDATA[<blockquote><p>During my college days in the early Nineties&#8230;</p></blockquote>
<p>I am, err&#8230; umm&#8230;, amazed to find you&#8217;re so young. You have the wisdom and polish of someone many years your elder. So I imagine you have a brilliant future ahead. Move over, Charles Krauthammer, Victor Davis Hanson,<em> et al</em>. Meanwhile, it&#8217;s great having you at HA.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: J.J. Sefton</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-1/#comment-50346</link>
		<dc:creator>J.J. Sefton</dc:creator>
		<pubDate>Sat, 06 Feb 2010 11:29:10 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50346</guid>
		<description><![CDATA[Piece of cake Doc!

All we have to do is remove the leftist cancer from our culture, news media and schools, restore the classic American work ethic to several generations of people raised on entitlement and victim mentalities, drill for every last drop of petroleum and whiff of natural gas wherever it can be found within our borders and immediately dissolve perhaps one third of all government administrations created over the past 50-70 years.

All sarcasm aside, this is a great and sobering essay.  G-d help us.]]></description>
		<content:encoded><![CDATA[<p>Piece of cake Doc!</p>
<p>All we have to do is remove the leftist cancer from our culture, news media and schools, restore the classic American work ethic to several generations of people raised on entitlement and victim mentalities, drill for every last drop of petroleum and whiff of natural gas wherever it can be found within our borders and immediately dissolve perhaps one third of all government administrations created over the past 50-70 years.</p>
<p>All sarcasm aside, this is a great and sobering essay.  G-d help us.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: dogsoldier</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-1/#comment-50342</link>
		<dc:creator>dogsoldier</dc:creator>
		<pubDate>Sat, 06 Feb 2010 10:37:15 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50342</guid>
		<description><![CDATA[Great post Dr. Z.  There is evidence to support your point in microcosm in New York. I read the wealthy are moving out because they are tired of being soaked and even the Mayor said they can&#039;t keep ratcheting up taxes or more will leave.

I submit that by the time a politician makes such a public proclamation its already too late.]]></description>
		<content:encoded><![CDATA[<p>Great post Dr. Z.  There is evidence to support your point in microcosm in New York. I read the wealthy are moving out because they are tired of being soaked and even the Mayor said they can&#8217;t keep ratcheting up taxes or more will leave.</p>
<p>I submit that by the time a politician makes such a public proclamation its already too late.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: scotash</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-1/#comment-50317</link>
		<dc:creator>scotash</dc:creator>
		<pubDate>Sat, 06 Feb 2010 06:56:07 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50317</guid>
		<description><![CDATA[When people learn they are not entitled to the fruits of other people&#039;s hard work, we may start to get somewhere.

An &quot;Atlas Shrugged&quot; moment is in order if we could figure one out.]]></description>
		<content:encoded><![CDATA[<p>When people learn they are not entitled to the fruits of other people&#8217;s hard work, we may start to get somewhere.</p>
<p>An &#8220;Atlas Shrugged&#8221; moment is in order if we could figure one out.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: On Watch</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-1/#comment-50315</link>
		<dc:creator>On Watch</dc:creator>
		<pubDate>Sat, 06 Feb 2010 06:49:46 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50315</guid>
		<description><![CDATA[&lt;strong&gt;That&#039;s enough for me to . . .&lt;/strong&gt;
hang up my &quot;&lt;em&gt;Gone Fishin&lt;/em&gt;&quot; sign!

&lt;em&gt;&quot;Let&#039;s Roll&quot;&lt;/em&gt;]]></description>
		<content:encoded><![CDATA[<p><strong>That&#8217;s enough for me to . . .</strong><br />
hang up my &#8220;<em>Gone Fishin</em>&#8221; sign!</p>
<p><em>&#8220;Let&#8217;s Roll&#8221;</em></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: disa</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-1/#comment-50311</link>
		<dc:creator>disa</dc:creator>
		<pubDate>Sat, 06 Feb 2010 06:32:07 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50311</guid>
		<description><![CDATA[&lt;blockquote&gt;At that point we will have no option but to slash all Fed and State employee pay and benefits by 20%. This will keep them working but the cost will plummet. De-certify all public service unions! This is the driving force that is taking us all to the edge of bankruptcy.&lt;/blockquote&gt;

If we&#039;re supposed to trust the government, why can&#039;t government employees trust the government?  No union needed.

The upcoming underfunded pension blowout (state and municipal) may put an end to pensions, period.

Welcome to SS along with the rest of us schlubs.]]></description>
		<content:encoded><![CDATA[<blockquote><p>At that point we will have no option but to slash all Fed and State employee pay and benefits by 20%. This will keep them working but the cost will plummet. De-certify all public service unions! This is the driving force that is taking us all to the edge of bankruptcy.</p></blockquote>
<p>If we&#8217;re supposed to trust the government, why can&#8217;t government employees trust the government?  No union needed.</p>
<p>The upcoming underfunded pension blowout (state and municipal) may put an end to pensions, period.</p>
<p>Welcome to SS along with the rest of us schlubs.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: mjk</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-1/#comment-50309</link>
		<dc:creator>mjk</dc:creator>
		<pubDate>Sat, 06 Feb 2010 06:10:18 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50309</guid>
		<description><![CDATA[I was reading an interview by a German who had lived through the Nazi regime.  He said that America would never have a German style socialist dictator.  America would grow its own kind of socialist dictator.  I don&#039;t normally go this way, but we&#039;re headed in a very ugly direction.  It probably won&#039;t be as extreme as Nazi Germany, but it&#039;s gonna be bad.

In difficult times, the most insane ideas start up and grow in popularity.

We only have to look to the &#039;trolls&#039; on this site to see them knee-jerk blame everything wrong in the world on conservatives, Republicans, Christians, Sarah Palin, or BOOOOOSSSHHHH.  These ideas are gonna get uglier and more hate-filled as the years go on.....]]></description>
		<content:encoded><![CDATA[<p>I was reading an interview by a German who had lived through the Nazi regime.  He said that America would never have a German style socialist dictator.  America would grow its own kind of socialist dictator.  I don&#8217;t normally go this way, but we&#8217;re headed in a very ugly direction.  It probably won&#8217;t be as extreme as Nazi Germany, but it&#8217;s gonna be bad.</p>
<p>In difficult times, the most insane ideas start up and grow in popularity.</p>
<p>We only have to look to the &#8216;trolls&#8217; on this site to see them knee-jerk blame everything wrong in the world on conservatives, Republicans, Christians, Sarah Palin, or BOOOOOSSSHHHH.  These ideas are gonna get uglier and more hate-filled as the years go on&#8230;..</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Metanis</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-1/#comment-50306</link>
		<dc:creator>Metanis</dc:creator>
		<pubDate>Sat, 06 Feb 2010 05:53:00 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50306</guid>
		<description><![CDATA[Just say NO to tax increases of any sort. Go Galt. Minimize your taxes in any fashion possible. Starve the beast while protesting furiously that limiting government is the only path forward. Think more in terms of value rather than currency to encourage bartering. Get interested in the mechanics of producing the essentials of life. Realize that you may only survive with the clothes on your back and skills in your hands. It&#039;s not going to be like some movie. It&#039;s going to be ugly, brutal, and back-breaking. Read how people survived the Great Depression. We are going back to that future.]]></description>
		<content:encoded><![CDATA[<p>Just say NO to tax increases of any sort. Go Galt. Minimize your taxes in any fashion possible. Starve the beast while protesting furiously that limiting government is the only path forward. Think more in terms of value rather than currency to encourage bartering. Get interested in the mechanics of producing the essentials of life. Realize that you may only survive with the clothes on your back and skills in your hands. It&#8217;s not going to be like some movie. It&#8217;s going to be ugly, brutal, and back-breaking. Read how people survived the Great Depression. We are going back to that future.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: inspectorudy</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-1/#comment-50305</link>
		<dc:creator>inspectorudy</dc:creator>
		<pubDate>Sat, 06 Feb 2010 05:52:43 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50305</guid>
		<description><![CDATA[Man what an article. Thee are several things that will take place before the collapse. Inflation will start to climb because the dollar will buy even less than it does now and then credit to the US will dry up. At that point we will have no option but to slash all Fed and State employee pay and benefits by 20%. This will keep them working but the cost will plummet. De-certify all public service unions! This is the driving force that is taking us all to the edge of bankruptcy. Start a barter system with the people you know and within your community. Unfortunately get out of the stock market. or at least take enough out that you have total control over it. The FDIC will be meaningless once the dollar is falling so even though your assets are protected they won&#039;t have any value. Be proactive and plan ahead with things where to store supplies and where you will go if you are about to lose your home. Gold will be worth it&#039;s weight in gold. It may be the only thing that is usable in a collapsing economy. It&#039;s dire and if Obama stays in power for three more years we may face the apocalypse.]]></description>
		<content:encoded><![CDATA[<p>Man what an article. Thee are several things that will take place before the collapse. Inflation will start to climb because the dollar will buy even less than it does now and then credit to the US will dry up. At that point we will have no option but to slash all Fed and State employee pay and benefits by 20%. This will keep them working but the cost will plummet. De-certify all public service unions! This is the driving force that is taking us all to the edge of bankruptcy. Start a barter system with the people you know and within your community. Unfortunately get out of the stock market. or at least take enough out that you have total control over it. The FDIC will be meaningless once the dollar is falling so even though your assets are protected they won&#8217;t have any value. Be proactive and plan ahead with things where to store supplies and where you will go if you are about to lose your home. Gold will be worth it&#8217;s weight in gold. It may be the only thing that is usable in a collapsing economy. It&#8217;s dire and if Obama stays in power for three more years we may face the apocalypse.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: NoLeftTurn</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-1/#comment-50302</link>
		<dc:creator>NoLeftTurn</dc:creator>
		<pubDate>Sat, 06 Feb 2010 05:08:02 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50302</guid>
		<description><![CDATA[&lt;blockquote&gt;Like beads? And the sort of societies that go hand in hand with them?

ericdijon on February 5, 2010 at 9:17 PM&lt;/blockquote&gt;

You tell me.  All I know is that if the government ever collapses to the point where the dollar becomes worthless, I&#039;m hard-pressed to see how it will be valuable as a currency.  Certainly for the time being a cash economy is a viable option -- that&#039;s been going on for years and probably even more so now -- but it would be difficult, I would think, to amass any kind of meaningful wealth that way.  I imagine it would be like trying to tunnel your way out of a jail cell with a dessert spoon.  

Or maybe it&#039;s not that hard, I don&#039;t know.  If it isn&#039;t, I&#039;m definitely in the wrong business.]]></description>
		<content:encoded><![CDATA[<blockquote><p>Like beads? And the sort of societies that go hand in hand with them?</p>
<p>ericdijon on February 5, 2010 at 9:17 PM</p></blockquote>
<p>You tell me.  All I know is that if the government ever collapses to the point where the dollar becomes worthless, I&#8217;m hard-pressed to see how it will be valuable as a currency.  Certainly for the time being a cash economy is a viable option &#8212; that&#8217;s been going on for years and probably even more so now &#8212; but it would be difficult, I would think, to amass any kind of meaningful wealth that way.  I imagine it would be like trying to tunnel your way out of a jail cell with a dessert spoon.  </p>
<p>Or maybe it&#8217;s not that hard, I don&#8217;t know.  If it isn&#8217;t, I&#8217;m definitely in the wrong business.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: disa</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-1/#comment-50300</link>
		<dc:creator>disa</dc:creator>
		<pubDate>Sat, 06 Feb 2010 04:54:14 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50300</guid>
		<description><![CDATA[Doc, you are always inspiring to read.  I appreciate your passion and truly lovely writing.

It tickles my political clitoris.]]></description>
		<content:encoded><![CDATA[<p>Doc, you are always inspiring to read.  I appreciate your passion and truly lovely writing.</p>
<p>It tickles my political clitoris.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: dhunter</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-1/#comment-50297</link>
		<dc:creator>dhunter</dc:creator>
		<pubDate>Sat, 06 Feb 2010 04:06:21 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50297</guid>
		<description><![CDATA[&lt;blockquote&gt;Then let the States, on their own, harvest our oil, natural gas, shale, coal, wind, geothermal, and any other energy source to sell on a competitive market to each other and the world, freeing up our bread basket to harvest food instead of turning it into fuel and selling that to each State and the world,

… think of all of the jobs, wealth, technology, competition, innovation, revenues to government to pay for programs like Social Security, and export to the world inexpensive energy and food, making our enemies in the world bankrupt?

No, we can’t have THAT, now can we?

Seven Percent Solution on February 5, 2010 at 9:19 PM
&lt;/blockquote&gt;

This is the way out. Crank up the gears of industry and employ the American people in providing for our own energy needs through building and maintaining our own infrastructure and capitalizing upon on own vast resources.
Harvest the wealth that lies under our soil, under our oceans and start building nuclear energy systems in every state.

There are small scale nuclear reactors that are fully self contained and could be used for small cities and rural towns. Rebuild our rail transportation our highways and our electrical grids. All have fallin to disrepair and by harvesting our vast resources could be rebuilt.
We could produce our way out, but a change of attitude would need to take place. Environuts must be kicked to the curb and Americans producers must be unleashed.
Unleashed to produce, employ, and create wealth. Wealth that will support a scaled down SSI system.
Citizens must be made to take responsibility for their own circumstances. No more unlimited income for makin babies. Real welfare reform must be instituted.
It may take a crash of epic purportions to change the attitude such that these measures could be tried]]></description>
		<content:encoded><![CDATA[<blockquote><p>Then let the States, on their own, harvest our oil, natural gas, shale, coal, wind, geothermal, and any other energy source to sell on a competitive market to each other and the world, freeing up our bread basket to harvest food instead of turning it into fuel and selling that to each State and the world,</p>
<p>… think of all of the jobs, wealth, technology, competition, innovation, revenues to government to pay for programs like Social Security, and export to the world inexpensive energy and food, making our enemies in the world bankrupt?</p>
<p>No, we can’t have THAT, now can we?</p>
<p>Seven Percent Solution on February 5, 2010 at 9:19 PM
</p></blockquote>
<p>This is the way out. Crank up the gears of industry and employ the American people in providing for our own energy needs through building and maintaining our own infrastructure and capitalizing upon on own vast resources.<br />
Harvest the wealth that lies under our soil, under our oceans and start building nuclear energy systems in every state.</p>
<p>There are small scale nuclear reactors that are fully self contained and could be used for small cities and rural towns. Rebuild our rail transportation our highways and our electrical grids. All have fallin to disrepair and by harvesting our vast resources could be rebuilt.<br />
We could produce our way out, but a change of attitude would need to take place. Environuts must be kicked to the curb and Americans producers must be unleashed.<br />
Unleashed to produce, employ, and create wealth. Wealth that will support a scaled down SSI system.<br />
Citizens must be made to take responsibility for their own circumstances. No more unlimited income for makin babies. Real welfare reform must be instituted.<br />
It may take a crash of epic purportions to change the attitude such that these measures could be tried</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: javamartini</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-1/#comment-50293</link>
		<dc:creator>javamartini</dc:creator>
		<pubDate>Sat, 06 Feb 2010 03:58:17 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50293</guid>
		<description><![CDATA[The pendulum swings both ways. What we can do is work as hard as we all can to elect individuals who have a keen sense of everything you just wrote Doc. If the statists can get within inches of socialism, we must seaze that backward momentum from their failure to enact with great speed the ideas we have that will turn our country towards the right direction.

Flat tax or similar ideas seem like pipe dreams to many of us...but ask yourself why it has to be so? Certainly the statists do not feel the same way about socialism? They are so close to the begining steps they can taste it that even the loss of their symbolic Kennedy seat has not stopped many of them from pushing forward like kamikazi pilots. 

If we elect the right people, who share in our belief that the current ways are the death of the Nation as we know it, we can capture the momentum needed to swing this pendelum to prosperity. We can do this and this is actually one of the best oppourtunities we will have in a very long time. 

Just as Obama came into power and with lightning speed began his country killing agenda...we can also do the same but in the opposite direction. We can do this and the proof is staring at you from the current administration. Jujutsu my friends, jujutsu.]]></description>
		<content:encoded><![CDATA[<p>The pendulum swings both ways. What we can do is work as hard as we all can to elect individuals who have a keen sense of everything you just wrote Doc. If the statists can get within inches of socialism, we must seaze that backward momentum from their failure to enact with great speed the ideas we have that will turn our country towards the right direction.</p>
<p>Flat tax or similar ideas seem like pipe dreams to many of us&#8230;but ask yourself why it has to be so? Certainly the statists do not feel the same way about socialism? They are so close to the begining steps they can taste it that even the loss of their symbolic Kennedy seat has not stopped many of them from pushing forward like kamikazi pilots. </p>
<p>If we elect the right people, who share in our belief that the current ways are the death of the Nation as we know it, we can capture the momentum needed to swing this pendelum to prosperity. We can do this and this is actually one of the best oppourtunities we will have in a very long time. </p>
<p>Just as Obama came into power and with lightning speed began his country killing agenda&#8230;we can also do the same but in the opposite direction. We can do this and the proof is staring at you from the current administration. Jujutsu my friends, jujutsu.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: CapedConservative</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-1/#comment-50291</link>
		<dc:creator>CapedConservative</dc:creator>
		<pubDate>Sat, 06 Feb 2010 03:33:37 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50291</guid>
		<description><![CDATA[When enough people grasp the concept of &quot;I&#039;ve seen the future and it doesn&#039;t work&quot;, the only choice left is the change the future.

CC]]></description>
		<content:encoded><![CDATA[<p>When enough people grasp the concept of &#8220;I&#8217;ve seen the future and it doesn&#8217;t work&#8221;, the only choice left is the change the future.</p>
<p>CC</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: FloatingRock</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-1/#comment-50290</link>
		<dc:creator>FloatingRock</dc:creator>
		<pubDate>Sat, 06 Feb 2010 03:28:27 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50290</guid>
		<description><![CDATA[I think if our federal government collapses, the state borders should be redrawn taking into consideration red/blue divisions.  Maybe have City-States for liberal metropolitan areas and State-States for conservative rural areas.  Then have two seperate federal governments, one for the City-states and another for State-States, perhaps with only mutual economic and defense ties.

The two governments would be co mingled geographically, but in the modern world I think it could work---(which isn&#039;t to say it&#039;s a necessarily a good idea).

This way the city-states could sink or swim on their own without taking the rest of us down with them.  But since they may sink, the only way we could have a common currency, I think, is if it&#039;s secured with gold or some other commodity.]]></description>
		<content:encoded><![CDATA[<p>I think if our federal government collapses, the state borders should be redrawn taking into consideration red/blue divisions.  Maybe have City-States for liberal metropolitan areas and State-States for conservative rural areas.  Then have two seperate federal governments, one for the City-states and another for State-States, perhaps with only mutual economic and defense ties.</p>
<p>The two governments would be co mingled geographically, but in the modern world I think it could work&#8212;(which isn&#8217;t to say it&#8217;s a necessarily a good idea).</p>
<p>This way the city-states could sink or swim on their own without taking the rest of us down with them.  But since they may sink, the only way we could have a common currency, I think, is if it&#8217;s secured with gold or some other commodity.</p>
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		<title>By: cntrlfrk</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-1/#comment-50289</link>
		<dc:creator>cntrlfrk</dc:creator>
		<pubDate>Sat, 06 Feb 2010 03:21:18 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50289</guid>
		<description><![CDATA[Personally, I think this is the way to save freedom and capitalism.  

The networks need to be put into place to survive after &#039;the crash&#039; without turning to the government.  This will be much harder than ever since people rely on everyone for just about everything.]]></description>
		<content:encoded><![CDATA[<p>Personally, I think this is the way to save freedom and capitalism.  </p>
<p>The networks need to be put into place to survive after &#8216;the crash&#8217; without turning to the government.  This will be much harder than ever since people rely on everyone for just about everything.</p>
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		<title>By: Observation</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-1/#comment-50288</link>
		<dc:creator>Observation</dc:creator>
		<pubDate>Sat, 06 Feb 2010 03:17:53 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50288</guid>
		<description><![CDATA[In case you haven&#039;t noticed, &lt;em&gt;Junior &lt;/em&gt;, the latest crash was produced by Banks and the Real Estate business playing the biggest Bait and Switch and Ponzi scheme on the American home owner, in &lt;em&gt;history&lt;/em&gt;, to compare the successes of the greatest nation on earth, like for instance, Social Security, the postal system, and our national highway system to the vicious monsters of communist history is absurd, at least.
Those in our great nation who profited did so precisely because of the our great investment in humanity and interior.  What we need now is adulthood and reasonable courses of action not ideology masquerading as intellect. Although I will admit that unfortunately is what sabotaged the War on Terror and won the last election.]]></description>
		<content:encoded><![CDATA[<p>In case you haven&#8217;t noticed, <em>Junior </em>, the latest crash was produced by Banks and the Real Estate business playing the biggest Bait and Switch and Ponzi scheme on the American home owner, in <em>history</em>, to compare the successes of the greatest nation on earth, like for instance, Social Security, the postal system, and our national highway system to the vicious monsters of communist history is absurd, at least.<br />
Those in our great nation who profited did so precisely because of the our great investment in humanity and interior.  What we need now is adulthood and reasonable courses of action not ideology masquerading as intellect. Although I will admit that unfortunately is what sabotaged the War on Terror and won the last election.</p>
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		<title>By: FloatingRock</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-1/#comment-50287</link>
		<dc:creator>FloatingRock</dc:creator>
		<pubDate>Sat, 06 Feb 2010 03:15:58 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50287</guid>
		<description><![CDATA[&lt;blockquote&gt;Okay, two questions. If the collapse is inevitable, how do individuals survive?

Skandia Recluse on February 4, 2010 at 6:48 PM&lt;/blockquote&gt;
In that case; from the ground up.  Your home &gt; neighborhood &gt; town &gt; county &gt; state &gt; a new attempt at limited federal government (maybe).]]></description>
		<content:encoded><![CDATA[<blockquote><p>Okay, two questions. If the collapse is inevitable, how do individuals survive?</p>
<p>Skandia Recluse on February 4, 2010 at 6:48 PM</p></blockquote>
<p>In that case; from the ground up.  Your home &gt; neighborhood &gt; town &gt; county &gt; state &gt; a new attempt at limited federal government (maybe).</p>
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		<title>By: Liberals are socialists &#171; Severely Independant</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-1/#comment-50286</link>
		<dc:creator>Liberals are socialists &#171; Severely Independant</dc:creator>
		<pubDate>Sat, 06 Feb 2010 03:10:29 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50286</guid>
		<description><![CDATA[[...] is another thing to call progressive socialism (aside from marxism that is):  Collectivism, and here are some good thoughts about it.  It&#8217;s all sounding sickeningly familiar isn&#8217;t it?  How long is it going to take [...]]]></description>
		<content:encoded><![CDATA[<p>[...] is another thing to call progressive socialism (aside from marxism that is):  Collectivism, and here are some good thoughts about it.  It&#8217;s all sounding sickeningly familiar isn&#8217;t it?  How long is it going to take [...]</p>
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		<title>By: jukin</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-1/#comment-50285</link>
		<dc:creator>jukin</dc:creator>
		<pubDate>Sat, 06 Feb 2010 03:03:20 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50285</guid>
		<description><![CDATA[Well Played.]]></description>
		<content:encoded><![CDATA[<p>Well Played.</p>
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		<title>By: bkenner</title>
		<link>http://hotair.com/greenroom/archives/2010/02/04/the-great-crash/comment-page-1/#comment-50283</link>
		<dc:creator>bkenner</dc:creator>
		<pubDate>Sat, 06 Feb 2010 02:54:53 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/greenroom/?p=15353#comment-50283</guid>
		<description><![CDATA[Great work.
First there was a technology bubble.  Next real-estate.  Now we have a government bubble.  It will burst.  The question is what will happen.
I&#039;m concerned.  Really.]]></description>
		<content:encoded><![CDATA[<p>Great work.<br />
First there was a technology bubble.  Next real-estate.  Now we have a government bubble.  It will burst.  The question is what will happen.<br />
I&#8217;m concerned.  Really.</p>
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