Wall St.
 

Sorry yet another politically bent rant on my part, but I just have to say this and when I yell at the T.V., the men in suits and women crossing their legs on Fox, just won't listen to me!!!! ARRRGGG!!

Wall St. and its current plunge has NOTHING, repreat, NOTHING to do with the jobless rates. If it did, every CEO on Wall St. would just employ people to sit on their hands all day because it would drive up their bottom lines.

Wall St. is falling because of 3 basic reasons:

1) Untied States Federal Government and its OUT OF CONTROL SPENDING

2) HEAVY taxation that the U.S. Gov needs to feed its spending ; remember almost 50% of all households in the United States pay NO, ZERO, NADDA direct taxes to the Feds... I need to learn this method!

3) The Federal control and oversight of business in the U.S.

Ask Bill Stine, Matt Steele or any other manufacture. Before they can bring a single simple model rocket kit to market, it costs them what ~$100,000 in Federal testing and approval before they can place a kit on store shelves? Just ask John Boren of Estes ... see what up front production costs are before ANY profit can be had in this new America, this America 2.0!

The greatest THREAT to your economic freedom isn't Al Queda, or the Taliban or evil rich people [sic], no the greatest threat to your physical and economic Freedoms is the United States Federal Government!

And yes you can quote me on that one folks! Now back to our regularly scheduled programming :(

J

OK Fred, corrected it!

So when are you and the other CA clubs going to host a NARAM? Would be nice to visit San Diego, or Central CA... Los Angeles ... well it would be OK if hosted out in Orange County.

J

Agree that the cost of doing business in the U.S is fargin' ridiculous.
Try the US auto industry which is the most over-regulated industry in the entire WORLD.

IIRC, one of the requirements of a NARAM is that the sport range accommodate HPR. That is impossible within the urban or suburban Los Angeles, Orange and San Diego Counties.

Lucerne Dry Lake would accommodate, but that would mean using a hotel in Barstow or Victorville. I would recommend contacting ROC and asking them if they are interested.

Now, a NARCON in So Cal is a possibility.....

It would NOT be impossible.
The NAR would just have to give a variance to their field site dimensions, and voila !, you can launch HPR.
THAT sounds like a plan to me !

I went to NARCON in San Diego. It was during a severe rain storm. Not typical CA.

I went to NSL at Lucerne Valley. The temperatures were more mild than usual and the NAR President himself described Barstow well, "it sucks". If you have it at Lucerne again, lodge in Apple Valley.

One possibility is to have it at the site of Plaster Blaster and lodge in the town east of that.

Another possibility is to have it near Paso Robles (dairy-aire) with nearby lodging suitable.

Finally possibly the best site to host an event is jean Dry Lake, NV. Super close to Vegas for lodging and food, but you must set a date that avoids July/August like the plague.

BTW we had a "liquidity crisis" not an economic crisis. It was the reaction by the D led house, senate and president that spiked the economy down by sucking all the oxygen out of the private sector with Keynsian spending focused on the government sectors of the federal, state and county governments. The stock market is a predictor of future conditions. As such once it realized it likely to have a D Pres, house, senate way back in 2007 the stock market started dropping on rumor of new spending programs. Once it was confirmed as fact with the passage of the TARP-2 (authorized by Bush, spent by Obama) would be used for private business takeovers, the "stimulus" passed as the largest failed Keynsian experiment ever, and Health care was passed with open ended rules and costs, the market was proven 100% right, and it bottomed in 3-09.

The easy solution is to revalue the dollar so gas prices drop and there is a "liquidity effect" opposite the current capital destruction effect.

Jerry

As for the original post, what do you expect?!?

For my whole (50 year) life, the American people have said; "We want...."!

We want Bin Laden.
We want cheap stuff..
We want our old taken care of (for us)...
We want....

Guess what? Now you got it.

FYI
http://forum.bodybuilding.com/showthread.php?t=2774021

a quick try without getting into a rant or flame war.


then stop watching the TV. Seriously. They do have an off button on them and on the remote.


today's plunge? Market ended up today.


not going there. Not worth the headache to discuss.


how much do companies such as GE, Google, Bank of America, Exxon, Chevron, Boeing, Valero Energy, Goldman Sachs, Citigroup, Conoco Phillips, Carnival Cruise Lines, etc pay in taxes?


really?


uh? Seriously. Where do you get that number from? Please provide a breakdown. What is required to bring a product onto the market that is a result of regulation by the US government that is not a requirement in other countries?


yes, build some rockets and fly some more.