On Wed, 03 Aug 2011 16:05:12 -0400, LilAbner wrote:

On 8/3/2011 2:47 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.

Washington only listens to Wall Street and it could care less about an
"America." We have hedge funds gaining global monopoly on basic
commodities.

Yes, this is true. Thus, we need regulations in place and enforced to
compel WS to act responsibly. This take it out of the pay for play
political game.

We have every other nation, on earth looking out for their best
interest, except the one's falling apart like Greece and us.

We are not "falling apart" and certainly not like Greece. There is no
immediate financial crisis, esp. wrt the debt ceiling hostage taking.

China has always been playing economics with global strategic advantage
as the Marxist goal.

Tell this to Knuckles. He thinks they are just one great place!

Share the wealth or really share the poverty, instability and struggle
with all those places that never went anywhere except with our handouts.
China would still be a third world beggar if not for Kissinger and Nixon
and Globalists.

I cannot nor should anyone support isolationism. That gets us into
wars.

We shared or gave our wealth now we are sharing their poverty
insecurity, creeping socialism or communism, reduced or eliminated
American Dream for our kids.
Thank a Globalist merchant or Banker.

There is no such thing as creeping socialism in the US. We've been
socialist except in name since FDR. Feel free to give up your Social
Security and Medicare/Medicaid if you prefer.