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Canuck57[_9_] Canuck57[_9_] is offline
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First recorded activity by BoatBanter: Oct 2009
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Default good news: obama beats romney according to GOP poll

On 02/12/2011 7:13 PM, bpuharic wrote:
On Fri, 02 Dec 2011 19:02:04 -0700,
wrote:

On 02/12/2011 6:25 PM, bpuharic wrote:
On Fri, 02 Dec 2011 18:10:04 -0700,
wrote:


Billionaires are moving abroad. even 0bama's buddy Warren Buffet is.

great. let 'em go. how's our economy doing with the greatest number of
billionaires in the world? we doing OK?


90% of the billionaires have significant holdings in gold, not much in
US treasuries and many have a high "liquid" cash only position. All have
big positions in one or more of China, Brazil, Russia, India, and other
non-Euro and non-US real-estate and businesses related to resources.

i betcha they're from UFO's too!!


Funny, if you like T-bills so much, you should buy them. But I know,
never seen a fleabagger put his own money where his mouth is. Fact is
t-bills are junk paper.


this from a guy who thinks our rates are LOW because no one wants to
buy our debt...

that's amazing...how truly stupid right whiners are


Look carefully, lenders using real money have not been lending real
money to government and decreasing now for 6 years. Government US Fed
now owns more US debt (directly or indirectly) as a percentage than any
time in history. System is running on fraud money creation.

It is the only way government can keep the rates low is to create more
no value inflation money. Started in earnest with the criminal
Bernanke's appointment and democrat 2006 congress.

They caused the US depression with it too. And zero-bama makes it worse
by debt spending so much of the no-value money putting it in
circulation. As it is spent, it generates inflation.

So look at it like government debt spending is driving inflation and
unemployment. It is materially correct in the current economic model.

As about 12% f the money is inflation, but wages are down at 2%
increases, a 10% is being made up in job loss and cost cutting. Not
sustainable ether as a point comes where it doesn't work, an then ****
really happens. And that point I think has been reached. Inflation in
2012 is going to go nuts.

--
All successful people have one thing in common, if even for a moment
they think rationally.