Higgenbotham wrote:"With the QEs, many are wondering why stocks rose for the past 3 years in terms of gold. I think it's because the US is producing more of its own oil..."
http://www.census.gov/foreign-trade/sta ... l/petr.pdf
Quantity (thousands of barrels) of Imports
2003 3,676,005
2004 3,820,979 (PEAK)
2005 3,754,671
2006 3,734,226
2007 3,690,568
2008 3,590,628
2009 3,314,787
2010 3,377,077
2011 3,321,918 (SHARP DROPOFF BEGINS)
2012 3,092,332
2013 2,808,689
I believe that Ollie was put on the stand to tell the american people,
"Fuck you---we are running things!"
And then the american people put their heads down and said,
"That's OK, but, PLEASE, don't forget to call us for dinner."
And that is when I decided to live elsewhere----the best decision of my life.
Good luck to you, PATRIOTS
But I'll wait until you are in the streets before I have any hope for the USA h/t l
World Bank study of corporate income taxes in 185 countries for 2013 finds that cash tax payments are higher for companies operating in the United States as a percentage of income than the average of other OECD and non-OECD countries.
The U.S. cash effective tax rate (ETR) of 27.6 percent is more than 12 percentage points higher than the average of other OECD countries and 11 percentage points higher than the average of non-OECD countries.
Globally engaged U.S. companies contribute nearly $7 trillion to the U.S. economy, or 54 percent of U.S. economic output, and support more than 70 million jobs, or 48 percent of private-sector employment. "Corporate lobbyists incessantly claim that our corporate tax rate is too high, and that it's not 'competitive' with the rest of the world," said Robert McIntyre, director of Citizens for Tax Justice and the study's lead author. "Our new report shows that both of these claims are false," he said, contending that most large corporations pay nowhere near the statutory 35-percent U.S. corporate income tax rate due to tax breaks that lower their effective tax rates.
In politics, few talents are as richly rewarded as the ability to convince parasites that they are victims. Welfare states on both sides of the Atlantic have discovered that largesse to losers does not reduce their hostility to society, but only increases it. Far from producing gratitude, generosity is seen as an admission of guilt, and the reparations as inadequate compensations for injustices -- leading to worsening behavior by the recipients. Some people say that taxes are the price we pay for civilization. But the runaway taxes of our time are the price we pay for being gullible. Whatever the ideology or rhetoric of the political left, their agenda around the world has been preempting other people's decisions and regimenting their lives.
Structurally speaking to date the election solves nothing as we are but in theory runs the Scoundrels out as Carroll Quigley (1966) conveyed.
After the first crude bloodletting they always move to the Social dialectic route as we noted the Neo-Marxist strategies of Antonio Gramsci an Italian Communist relying on gradualism, infiltration and the dialectic process rather than a bloody revolution, Gramsci's transformational Marxism was so subtle that few even noticed today. Also after reading Tolstoy's, The Kingdom of God is Within You, it convinced Gandhi to avoid violence and espouse nonviolent resistance. Tolstoy also seen the rise and fall of it before it even existed, it leveled me when I first read it. These people today will never be able to allow others to be left alone in peace.
As Richard Pipes has pointed out [in 'Survival is Not Enough', Simon and Schuster, New York, 1984, page 80], 'such mastery is secured, in the first place, by control of the organs of information'. The objective is 'to control thought at the source - that is, in the mind that absorbs and processes the information - and the best way of accomplishing this is by shaping words and phrases in the desired manner'.
The problem is not just a handful of government villains, the problem is US, the weak and complicit electorate we've become. As we also know when the people find they can vote themselves money, that will herald the end of the republic Franklin warned since also we know that no thought of recompense other than the goodwill of the community can sustain prosperity and freedom.