On 03/08/2011 12:47 PM, X - Man wrote:
On 8/3/11 2:23 PM, wrote:
On Wed, 03 Aug 2011 09:07:14 -0600,
wrote:


Not only has China reduced the US credit rating, they have reduced their
holdings of US debt. Once as high as $2.1 trillion, now only $1.15
trillion as everyone knows, USD is experiencing Bernanke currency fraud.
No one buys US treasuries any more, Bernanke prints it.

The Bernake doctrine of inflation causing unemployment:
http://en.wikipedia.org/wiki/Bernanke_Doctrine

http://timesofindia.indiatimes.com/w...ow/9470675.cms


Moody was paid off of course, but given Moody failed to warn Enron, GM,
GMAC, Chrysler, Greece and others, no wonder no one trusts a Moody
rating. Lets see if S&P is a better service.

It is sad that so many believe the road to wealth is paved with debt.
They will only find poverty at the end of that road.

As though China's agency is that important - a country that
artificially lowers the value of the Yuan. It's ok for them to have a
weak currency, but when the US dollar devalues, the world ends,
according to morons like you.

In any case, thanks to the wackos for the manufactured debt ceiling
crisis - the nutcases "win" by damaging the US economy and destroying
jobs. Good show!


The GOP congressional leaders said just that, that they would do
anything to help prevent Obama's re-election, and that included further
damaging the US economy.

Funny, Bernanke-democrat fleabaggerism hasn't worked since 2006
democraters got elected where unemployment started to grow. Now you
want to do 4 more years of the same thing expecting different results?
See Einstein's description of insanity.

Good luck with fleabaggerism. You are going to need it.
--
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.