On 20/11/2011 9:18 AM, bpuharic wrote:
On Sun, 20 Nov 2011 11:03:52 -0500, wrote:
On Sun, 20 Nov 2011 07:09:35 -0500, X ` Man
wrote:
On 11/20/11 6:50 AM, bpuharic wrote:
On Sun, 20 Nov 2011 01:08:55 -0500, wrote:
On Sat, 19 Nov 2011 14:30:24 -0500, wrote:
Bob? What's the matter, did Olbermann lie to you again or was it Thom
Hartman?
notice how the right denies we're in a depression? after all, the rich
are doing great
It's time to upscale the kinds of protests the 99% are engaging in and
make them much more personal. Not violent, just personal.
That 1% does seem to be more like 53%
a nice little lie told by the right to make sure they continue to hate
the middle class
Maybe Bob is just preaching to the wrong audience. He should go to
alt.roadkill.recipies if he wants to find people who are suffering
like him.
yeah let's just ignore what's happening in the US.
perhaps we can be like egypt.
Who knows? If you fleabaggers keep voting for the problem living like
Egyptians might eventually become a reality. No wealth in a delinquent
debt-corruption spending government. Just debt-tax slavery.
In one economic model I maintain, goes something like this. As US debt
increases, a slow but sure devaluation of USD will occur, and it could
accelerate without much notice. Devaluation means fewer other countries
will want the depreciating USD currency. With the Yuan appreciating on
the USD, it will eventually replace the USD as the worlds reserve
currency. In this scenario, a flood of low value USDs will render the
US currency to a much lower value, say $100/gallon of gas. The model
says the USA economy has passed its peek and will decline in prosperity
for at leas 2 decades.
The model uses the same theory as what actually happened with Japan's
lost decades, so based on fact, not liberal academic bull****, it has
much higher probabilities as it is based on actual precedent.
Given China, Russia and India's momentum, USA will not just slide to
second place, but at least drop to 3rd place or lower inside of 12
years. I predict 2nd place in 4 years.
Hey, when no one wants USDs the US currency is going to go through a
rapid devaluation cycle. Because the US government is so economically
weak, it can't support the USD with higher rates. A zero rate declining
economy will be the inevitable result.
History is no going to treat the 2006 democrat congress, Bernanke and
0bama very well when the dust and bull**** clear.
--
The reason government can't fix the economic problems as government is
the problem.