On 30/07/2011 9:24 PM, LilAbner wrote:
On 7/30/2011 11:11 PM, Canuck57 wrote:
On 30/07/2011 8:21 PM, LilAbner wrote:
On 7/30/2011 6:27 PM, BAR wrote:
In , says...

On 7/30/2011 2:07 PM, Canuck57 wrote:
On 30/07/2011 10:35 AM, BAR wrote:
In ,
says...

On Sat, 30 Jul 2011 08:26:17 -0400, Beach Bum"not a
wrote:

On 7/30/2011 1:34 AM, Canuck57 wrote:
http://www.boston.com/business/healt...off_1200_plus/






1200 direct and who nows how many indirect jobs are lost.

Another victim of Obama-tax.

At least they aren't *all* US jobs. But still it's not good to
lose any
jobs due to a country running helter skelter for lack of
leadership.

Were you one of the screamers when Obama kept GM afloat?


You mean when Obama illegally gave GM to the unions?

GM and Chrysler should have gone through the existing bankruptcy
process.

Maybe UAW should bailout the US government?

Investment in our government should be by the People.
They stopped selling bonds except in 10,000.00 increments to
Investors.
Americans need a stake in our Republic beyond being subjects.
Restart the small secure bond sales, by payroll deduction, at banks,
credit unions, and post offices.

You have never heard of a US Savings Bond, dumb-ass?

http://www.treasurydirect.gov/indiv/...s/products.htm
Buy one at the post office or by payroll deduction.

They only pay at max 1/10th of 1%. Or about $5 on $5000. Hardly worth
the gas to go there.

Which is also why the US is failing. Bernanke is printing USD so fast
with the intent of making the currency loose value fast. And that
attacks the wealth of America.

Zero rate debt is a huge fraud on America. Time just to call Bernanke a
criminal.

It could stand improvements. They have to have the push to do it though.
Americans should be able to invest in our Country. Who owns America
makes a difference.

Well to invest takes a fair trade. US government isn't giving out fair
trades for the money. They pay you 0% interest because they themselves
and the banks deem the money worthless.

Read up on the Tinkerbell Effect
http://en.wikipedia.org/wiki/Tinkerbell_effect

USD has no real value other than ass wipe. However it has perceive but
not real value. If people view of it as having less value it will
depreciate. If it is perceived to have more value then it appreciates
(but that is rare).

Bernanke prints money, OK, he goes to a terminal and types it in, but it
was called counterfeiting as little as 40 years ago just before Nixon
unlined gold to USD. But today it is electronic counterfeiting. This
causes dilution of the currency, and thus reduces it value of each unit
past and present. Commonly known as inflation.

Over time this is disastrous. Dozens of countries have tried it and
everyone including USSR fell because of it. USA will in time too.

The reason Bernanke does this is that savers would want 6% to reflect
inflation and taxes, but government want 0%...so the fraud is have
Bernanke counterfeit it and provide it to short out the legitimate lender.

Only works right now as many investors just think USA is the only place
to invest. And it isn't. Also why in 2004 I massively reduced my
holdings in the USA to flea the currency meltdown. In this period the
USD has lost 35% or more of its value against the Yuan, the world second
biggest currency.

You don't see the drop as in the G8/20 it was agreed to do this with the
CAD, Euro, Pound and USD all at once in a huge fraud. The idea is to
devalue the debts by inflation. Pay a $1 borrowed today with a 50 cent
dollar tomorrow.

It is also why everyone in the world is ****ed off. If they had $2
billion USD, now it does not purchase as much as it did yesterday. Many
don't even realize how they were bamboozled by the US government and US
fed, but more and more they are catching on. It is why purchases to
India and China often trigger gold purchases, China and India each
swapped USD for well over 100 tons of gold in the last year. Even
Gaddafi doesn't trust Euro or USD, and has 144 tons of it.

Hey, these government-bank greed and conspiracy is very real. It is why
with this deb crisis Hilary was busy with the USA's biggest creditor,
China. And China is ****ed off. Hey, we lent you $2 trillion and we
are watching it devalue because you print it faster than Americans
consume toilet paper. At some point I expect China to cease accepting
USD and demand trade for products. Using currency only for same day
trading. Already happening between Russia and China actually. The fall
fo the USD as a world reserve is well under way.

How long it will take will depend on when people start selling off USD
for an alternative. As inflation ramps up, people will be desperate to
seek safe places to preserve wealth value. It is why you buy gold. If
a currency run occurs, and with Bernanke money print fraud it will come,
the only way to stop t is a sharp and fast interest rate hike.

You could wake up one morning and find oil went up 50%, as did gold,
food, imports especially, and a 15% interest rate. The interest rate is
needed to attract cash to stay and meet currency reserves.

And why I have reduced my USD and US investments. People get severely
burned by his life shafting even as you will not get income raises to
offset it. USA in in Japans lost decades, 20 years of no raises and he
people eat inflation. No way out either, short of raising interest
rates and the government can't afford that or they go bankrupt. I
prefer to call this the walking dead economy. People in a few years
will start to emigrate from the US because of it, just like Japan with a
1.13 (near 1/2 sustainable) birth rates and emigration -- a shrinking
population.

This crap is predicable Above is also does not have war mongering or
some asteroid issues...just a current forecast. A dead economy with low
wages and eventual tax creep.
--
Seems like paying your bills with real money is no longer the accepted
behavior in USA. Perhaps that is the problem and not the the solution.