100 Years Of Government's Takeover Of The Economy

Tyler Durden's picture




 

The ever-encroaching 'might' of the government - or perhaps, put another way, the ever-decreasing need to be gainfully employed or productive...

 

 

(h/t @Not_Jim_Cramer)

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Sat, 04/20/2013 - 11:06 | 3476921 SoberOne
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I will gladly pay you on Tuesday for a FEMA camp today.

Sat, 04/20/2013 - 11:10 | 3476936 The Juggernaut
The Juggernaut's picture

Happy birthday... Hitler?!  Jeeeze.

Later tonight will be the anniversary of Obama saying he killed Obama... where are those pics? 

Sat, 04/20/2013 - 11:21 | 3476967 flacon
flacon's picture

Keynes: "Gross Domestic Production = Borrow from the future and spend today + interest"

Sat, 04/20/2013 - 11:23 | 3476970 markmotive
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Yet somehow rates are at historic lows.

If we truly are turning Japanese, could rates stay low until 2027?

http://www.planbeconomics.com/2013/04/could-interest-rates-stay-low-unti...

Sat, 04/20/2013 - 11:37 | 3477014 GetZeeGold
GetZeeGold's picture

 

 

It's suicide if we don't keep them low.

Sat, 04/20/2013 - 11:47 | 3477046 Abi Normal
Abi Normal's picture

So you would rather our children become slaves to debt?  I say take the big pain now, as we would be able to stand it.  Yes, it would be terrible, but can you imagine what is in store for future generations?  Alas, I think we have passed the point of no return anyway, the games are afoot and there will be much pain for everyone.

Sat, 04/20/2013 - 11:55 | 3477071 e-recep
e-recep's picture

the central banks will suppress the interest rates until they can't. the transition will be chaotic.

Sat, 04/20/2013 - 12:16 | 3477125 Bearwagon
Bearwagon's picture

The sooner the better, nevertheless.

Sat, 04/20/2013 - 18:10 | 3478332 AldousHuxley
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BRICS Nations Plan New Bank to Bypass World Bank, IMF

 

http://www.bloomberg.com/news/2013-03-25/brics-nations-plan-new-bank-to-...

Sun, 04/21/2013 - 00:18 | 3479398 Overfed
Overfed's picture

Man, I don't know if we can afford to go and liberate all of those countries.

Sat, 04/20/2013 - 12:28 | 3477166 Quinvarius
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The treasury bond market's only purpose is to funnel printed money to the government through Fed purchases and to the banks through rigged trading.  I am not sure it ever has to drop as long as the Fed is prepared to accept hyperinflation.

Sat, 04/20/2013 - 12:02 | 3477090 AmCockerSpaniel
AmCockerSpaniel's picture

You are so right. We the few who would not take our children's further for our self's.

Sat, 04/20/2013 - 13:22 | 3477316 Budd aka Sidewinder
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The money changers don't give a shit about our kids.  Their kids will be Sea Dooing off the Hamptons when our kids are hoping to get jobs fixing their Sea Doos

Sat, 04/20/2013 - 14:11 | 3477490 Kayman
Kayman's picture

Budd

sorry, those jobs are earmarked for offshoring.

Sat, 04/20/2013 - 23:17 | 3479230 kchrisc
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Only the pols and crats of government and the bankster elites could steal everything, our souls included, and the future too.     hujel

Sat, 04/20/2013 - 14:09 | 3477478 Kayman
Kayman's picture

flacon

The fatal flaw is Government is included in Production.  It should be in a separate category: GNR-

Gross Domestic Reduction.

Mathematics will soon enough kill this game. All private sector productivity increases are confiscated by government.

Sat, 04/20/2013 - 18:36 | 3478398 Uncle Remus
Uncle Remus's picture

Wait - I thought we were supposed to think of the children. Even cretinous little bastards don't deserve this mess.

Sat, 04/20/2013 - 11:14 | 3476953 Burt Gummer
Burt Gummer's picture

I will gladly pay you on Tuesday for a FEMA camp today. - Wimpy The Fema Camp Gaurd

 

http://www.youtube.com/watch?v=ZS2Z19yTuPI

Sat, 04/20/2013 - 11:16 | 3476960 krispkritter
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Will those be horse or rat burgers in the kamps? 

Sat, 04/20/2013 - 11:54 | 3477065 Bearwagon
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"King Rat" burgers, maybe?

Sat, 04/20/2013 - 12:18 | 3477143 Beam Me Up Scotty
Beam Me Up Scotty's picture

Rat burgers will be top shelf.  You will wish you got to eat that well.  The menu will consist of shit sandwiches, and rat might be on special every now and then.

Sat, 04/20/2013 - 12:33 | 3477185 krispkritter
krispkritter's picture

How do you like your rat-tinis sir?  Shaken, not furred...

A guy in a bar stands up and says, "All bankers are assholes." Another guy stands up and says "Hey...I resent that..." The first guy says, "Why? Are you a banker?" The second guy says, "No. I'm an asshole."

Sat, 04/20/2013 - 18:50 | 3478430 NorthPole
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Optimist: 'in the future, we will all eat shit'

Pessimist: 'I am afraid there won't be enought for everybody'

Sat, 04/20/2013 - 20:46 | 3478755 Kprime
Kprime's picture

due to expensive government studies at least we can eat "calm rats"

http://news.sciencemag.org/sciencenow/2013/04/how-rocking-a-baby-is-like-grabb.html?ref=hp

Sat, 04/20/2013 - 12:10 | 3477112 Winston Churchill
Winston Churchill's picture

A choice ?

Depends what day of the week it is.

Sundays is Soyalent green.

Sat, 04/20/2013 - 12:18 | 3477137 Bearwagon
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+1 for Soylent green

Sat, 04/20/2013 - 16:01 | 3477968 PKF
PKF's picture

I especially like the Rich Bastards Soylent Green Sandwich.  Remember:  End World Hunger.  Eat the Rich. 

BTW, if we're gonna print $, give it to the Former Middle Class, they'll spend it and VOILA, Growth!

Sat, 04/20/2013 - 14:34 | 3477569 css1971
css1971's picture

In the book the film was made from it would be a juicy soylent steak.

Sat, 04/20/2013 - 11:31 | 3477001 WhyDoesItHurtWh...
WhyDoesItHurtWhen iPee's picture

I will gladly pay you on Tuesday for a FEMA confinment loaf today.

There fixed for you.

Sat, 04/20/2013 - 11:43 | 3477036 Abi Normal
Abi Normal's picture

Gotta hand it to Whimpy!  Problem is he wont be able to pay you on thursday!

Sat, 04/20/2013 - 11:46 | 3477040 Silver Bug
Silver Bug's picture

It is in governments nature to expand to the point of collapse. Their day is coming.

 

http://jimrickards.blogspot.ca/

Sat, 04/20/2013 - 12:22 | 3477147 Anusocracy
Anusocracy's picture

To govern means to control. Those who are drawn to government crave control. Like Bloomturd.

What could possibly go wrong?

Sun, 04/21/2013 - 18:57 | 3481586 andyupnorth
andyupnorth's picture

Those who crave control should never be allowed to have it.

That's how it works for Christian Orthodox priesthood.

Sat, 04/20/2013 - 12:44 | 3477206 RafterManFMJ
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Like bacteria they feed until the growth medium is completely exhausted, then comes the population crash. 

Sat, 04/20/2013 - 11:05 | 3476924 jesse livermoore
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hello I am from the government and I am here to help     

 

Ronald Reagen

Sat, 04/20/2013 - 11:17 | 3476961 Terminus C
Terminus C's picture

The irony there is that he increased government expenditures by more than any president before him except Roosevelt.  He was indeed there to help... defense contractors and banks... hmm, why does that sound so familiar...?

Sat, 04/20/2013 - 11:19 | 3476964 Shell Game
Shell Game's picture

There is also an irony in the fact that Abraham Lincoln was the first American dictator who destroyed the 10th Amendment.  But we can't let details get in the way of good urban mythology...

Sat, 04/20/2013 - 11:53 | 3477058 Terminus C
Terminus C's picture

Yes, King Abe I of the American Empire.

but... but... he fought to free the slaves!  He's fights fo' freedumb!

Sat, 04/20/2013 - 12:06 | 3477074 Pool Shark
Pool Shark's picture

 

 

Not saying Reagan was perfect, but those of us old enough to remember it well will recall he was dealing with a Democratically-controlled Congress who declared his budgets "dead on arrival."

The Dems even went so far one year as to rush Reagan's budget to the Capitol in an ambulance where they had a mock-doctor examine it and declare it DOA.

 

[P.S. he added $2 trillion in debt over 8 years; we won the cold war, and the country emerged from the 'double-dip' recession into the growth of the 90's. Obama has added over $6 trillion in debt over 4 years, and we're still mired in recession.]

Sat, 04/20/2013 - 12:32 | 3477103 Shell Game
Shell Game's picture

To give Reagan some benefit of the doubt, he did try to go back to the gold standard. Volker talked him out of it. But Reagan was complicit in the $Trillion print-fest that began the endgame of the Federal Reserve system and those who loot by way of it.

 

Edit:  @poolshark - Reagan is an excellent example of how a good man can never reform a system under dishonest money.  Debt-backd fiat can ONLY result in a corrupt society and system.

Sat, 04/20/2013 - 12:43 | 3477208 Ms. Erable
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I'm of the opinion that it was Hinckley's bullet that dissuaded him from pursuing a return to the gold standard.

Sat, 04/20/2013 - 13:12 | 3477294 toys for tits
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One more Reagan comment.  His leadership regarding the strategic defense initiative, while expensive, is what today's missile interception technology is based on.

Imagine if Kim Jung Un threats carried some weight because his missiles couldn't be shot down.

Sat, 04/20/2013 - 15:11 | 3477726 dizzyfingers
dizzyfingers's picture

"One more Reagan comment.  His leadership regarding the strategic defense initiative, while expensive, is what today's missile interception technology is based on." 

https://en.wikipedia.org/wiki/Iron_Dome

 

 

Sat, 04/20/2013 - 18:41 | 3478401 Uncle Remus
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ICBM's Beavis, not home-brew bottle rockets from Gaza.

Sat, 04/20/2013 - 20:49 | 3478764 Kprime
Kprime's picture

pie in the sky dreams on a pressure cooker budget.

Wed, 04/24/2013 - 20:01 | 3495291 Ctrl_P
Ctrl_P's picture

Careful...

 

Those pressure cookers can blow up in your face quite easily.

Sun, 04/21/2013 - 00:25 | 3479409 Overfed
Overfed's picture

I think that bullet dissuaded him from doing a lot of good things.

Sat, 04/20/2013 - 12:55 | 3477247 dick cheneys ghost
dick cheneys ghost's picture

The cold was always a war against the '3rd world' and it never ended, just re-branded. There was no peace dividend.

Ike warned us in 1961

Sat, 04/20/2013 - 13:01 | 3477269 Shell Game
Shell Game's picture

And to the claim of 'winning' the Cold War.  Has there ever been an Empire that hasn't collapsed itself from within?  Noboby, no ideology, no external force has destroyed us - that honor falls square on the control freaks, criminals and a political system bought and paid for by MSM opiates and fiat heroin.

Sat, 04/20/2013 - 13:17 | 3477298 Poetic injustice
Poetic injustice's picture

Technically couple of empires were conquered, like Byzantine empire.
But there was a lot of infighting before, which helped collapse.
If they would get couple more capable emperors, they may very well survive few hundreds years more.

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