On 09/05/2010 8:22 AM, bpuharic wrote:
On Sun, 09 May 2010 08:02:32 -0600,
wrote:

On 08/05/2010 10:23 PM, wrote:
On Sat, 08 May 2010 12:04:28 -0400, wrote:

in 1 day wall street wipes out a TRILLION DOLLARS from the
economy.

It was a trillion that never really existed in the first place. It was
just phony paper "money" they created out of thin air.

Some real truth to that. If you exclude dividents, where there is a
winner there is a loser. A zero sum game. The economy is say worth 100
units. Than the market swings are irrelivant, your percentage of the
units is all that maters.

Being a zero sum game, the odds are better than Vegas.

well...no. because 100 units today are not worth the same as 100 units
yesterday

golly. you really are stupid, aren't you?

oh, yeah. you're right wing.

When currency fluxates, you don't worry about the numbers, you worry
about value.

For example, you take a 10 year t-bill at 0.5% and say inlfation runs an
average of 10%, then loaning the government cost you 50% in value even
though the $$$ amount in 10 years is slightly up.

It is also why US/Canadian government can no longer borrow money and
create it off their own banks...inflationary ponzi money. I have zero
in bonds, but do watch the markets and I haven't seen a government issue
anywhere fill since Sept 2008 or so. Which means our governemtns are
bankrupt, as they only function on their ability to create money which
is not sustainable.

That is, a second crash is inevitable at this point. As Obama and
democrats are jack asses if they think they can debt-spend their way out
of a debt depression.

--
There is a sucker born every minute, liberals and our politicians are
counting on it.

On Sun, 09 May 2010 09:09:09 -0600, Canuck57
wrote:



For example, you take a 10 year t-bill at 0.5% and say inlfation runs an
average of 10%, then loaning the government cost you 50% in value even
though the $$$ amount in 10 years is slightly up.

It is also why US/Canadian government can no longer borrow money and
create it off their own banks...inflationary ponzi money

really?

by the way...what's the rate of inflation nowadays?

oh. there isn't any.


That is, a second crash is inevitable at this point. As Obama and
democrats are jack asses if they think they can debt-spend their way out
of a debt depression.

worked in 39, didn't it? our debt burden was higher then than it is
now.

but you're right wing...not too bright....you think black guys will
destroy the US

On 09/05/2010 10:42 AM, bpuharic wrote:
On Sun, 09 May 2010 09:09:09 -0600,
wrote:



For example, you take a 10 year t-bill at 0.5% and say inlfation runs an
average of 10%, then loaning the government cost you 50% in value even
though the $$$ amount in 10 years is slightly up.

It is also why US/Canadian government can no longer borrow money and
create it off their own banks...inflationary ponzi money

really?

by the way...what's the rate of inflation nowadays?

oh. there isn't any.

Funny, we watch what we spend like a hawk and my wife has a good memory
for her shopping. She estimates 5-7% in the last year at the grocery store.

If you use the governments own inflation calculator, you can tell pretty
quick the goverment inflation numbers are bull****. Inflation is always
more than the government states. About 1.6 times I figure. Keeps the
sheep happy to get a 2% raise on a government stated 1.6% when it is
really 2.5%.

That is, a second crash is inevitable at this point. As Obama and
democrats are jack asses if they think they can debt-spend their way out
of a debt depression.

worked in 39, didn't it? our debt burden was higher then than it is
now.

but you're right wing...not too bright....you think black guys will
destroy the US

Work out the government debt in 1939 and the personal rates of income
tax. I rest my case as debt was under control, income tax was much lower.

But if you are suggesting that after Obama and congress screw it up bad
enough, they might start a WWW III to bailout government, they just might.

Could even be this is engineered. How better to get quality recruits
into the armed forces than a government made depression as they gear up
for war. Exactly the same path Adolf Hitler took.

--
There is a sucker born every minute, liberals and our politicians are
counting on it.

On Sun, 09 May 2010 13:28:59 -0400, wrote:

On Sun, 09 May 2010 12:42:16 -0400, bpuharic wrote:

by the way...what's the rate of inflation nowadays?

oh. there isn't any.


Bought any oil based products lately? (everything is oil based) There
is certainly inflation going on. The fed is just ignoring it and
borrowing to hide it by printing money.

really? got any proof?

or is the only proof you need listening to limballs?

On 09/05/2010 12:46 PM, bpuharic wrote:
On Sun, 09 May 2010 13:28:59 -0400, wrote:

On Sun, 09 May 2010 12:42:16 -0400, wrote:

by the way...what's the rate of inflation nowadays?

oh. there isn't any.


Bought any oil based products lately? (everything is oil based) There
is certainly inflation going on. The fed is just ignoring it and
borrowing to hide it by printing money.

really? got any proof?

or is the only proof you need listening to limballs?

Not that you want to see, but with unemployment going 9.7 to 9.9 and GDP
is reputed to be growing, it has historically been a 100% hit rate on
pending inflation.

Read some good books. Not the kenesian BS, some good books with lots of
straight up historical real events and discussions. Like the one that
says a recession/depression is coming when real interest rates on
savings goes below real unadjusted inflation.

And discussions on why bonds go down near the end. Right now, if you
are into loaning money in CDs, t-bills, or whatever, good time to get
the frack out. Interest rates have only one way to go and it isn't down.

--
There is a sucker born every minute, liberals and our politicians are
counting on it.

On Sun, 09 May 2010 17:21:05 -0600, Canuck57
wrote:

On 09/05/2010 12:46 PM, bpuharic wrote:
On Sun, 09 May 2010 13:28:59 -0400, wrote:



really? got any proof?

or is the only proof you need listening to limballs?

Not that you want to see, but with unemployment going 9.7 to 9.9 and GDP
is reputed to be growing, it has historically been a 100% hit rate on
pending inflation.

fine. when it hits you be sure and let me know, OK? the reason
inflation hasn't been rising is that the rich have been screwing the
living **** out of the middle class for the last 10 years and ensuring
we live paycheck to paycheck


Read some good books. Not the kenesian BS,

sorry sport. i did my grad work reading rudiger dornbusch of MIT. i
now read simon johnson, of MIT, joseph stiglitz, nobel prize winner,
paul krugman, of princeton, nobel prize winner, nouriel roubini of NYU
who predicted the crash, herbert simon who taught at the university
where i spent my freshman year...and who won the nobel prize...

you? you listen to limballs

and keynesianism? gaining a WHOLE LOT of respect among conservatives
since friedman has been shown to be full of bull****

some good books with lots of
straight up historical real events and discussions. Like the one that
says a recession/depression is coming when real interest rates on
savings goes below real unadjusted inflation.

gee. the rich have engineered this by stealing middle class 401K's,
destroying pensions, trying to stave off middle class health
insurance, etc

all teh while ensuring they get protected for ****ing up the economy


And discussions on why bonds go down near the end. Right now, if you
are into loaning money in CDs, t-bills, or whatever, good time to get
the frack out. Interest rates have only one way to go and it isn't down.

depends on how the rich think they can screw the middle class again

On Sun, 09 May 2010 15:50:34 -0400, wrote:

On Sun, 09 May 2010 14:46:35 -0400, bpuharic wrote:

On Sun, 09 May 2010 13:28:59 -0400, wrote:

On Sun, 09 May 2010 12:42:16 -0400, bpuharic wrote:

by the way...what's the rate of inflation nowadays?

oh. there isn't any.


Bought any oil based products lately? (everything is oil based) There
is certainly inflation going on. The fed is just ignoring it and
borrowing to hide it by printing money.

really? got any proof?

or is the only proof you need listening to limballs?


The proof I have is I go to the gas station, the grocery store and I
pay a cable bill (until I fired them). What is not going up?

?? so your little 7-11 grocery store is the entire US economy?

gee. i had no idea it was so busy


The BLS agrees with me but you know how those government people lie.

really? again, i ask

where's your proof?


http://www.bls.gov/news.release/cpi.nr0.htm

EXACTLY!! finally you get it you IDIOT!!

inflation is running at about 2.5%. and it's been that way for YEARS.

but you right wingers think it's like zimbabwe...

paranoia...tin foil hat paranoia

On 09/05/2010 2:30 PM, bpuharic wrote:
On Sun, 09 May 2010 15:50:34 -0400, wrote:

On Sun, 09 May 2010 14:46:35 -0400, wrote:

On Sun, 09 May 2010 13:28:59 -0400, wrote:

On Sun, 09 May 2010 12:42:16 -0400, wrote:

by the way...what's the rate of inflation nowadays?

oh. there isn't any.


Bought any oil based products lately? (everything is oil based) There
is certainly inflation going on. The fed is just ignoring it and
borrowing to hide it by printing money.

really? got any proof?

or is the only proof you need listening to limballs?


The proof I have is I go to the gas station, the grocery store and I
pay a cable bill (until I fired them). What is not going up?

?? so your little 7-11 grocery store is the entire US economy?

gee. i had no idea it was so busy


The BLS agrees with me but you know how those government people lie.

really? again, i ask

where's your proof?


http://www.bls.gov/news.release/cpi.nr0.htm

EXACTLY!! finally you get it you IDIOT!!

inflation is running at about 2.5%. and it's been that way for YEARS.

but you right wingers think it's like zimbabwe...

paranoia...tin foil hat paranoia


Did we say Zimbabwe also tried the print money and debt to spend out of
debt?

They did. Wish I had the link to the $10,000,000 note that would not
buy a loaf of bread.

It is called currency dilution. Otherwise known as inflation. One in
the same. Governemnt prints money it does not have, then inflation.
Trouble is they lie their asses off on the real impact. Real inflation,
unadjusted for governemtn BS is as I figure 1.6 times that of the
government rate.

So if government clains 2%, I believe after taxes to the net income it
is closer to 3.2%.

And it is like Zimbabwe, Agenina, Brazil, Germany (pre WW II), 1929 USA,
Iceland, Spain, Greece (isn't the first time the ******s are a
welshing), Venezuela, Mexico and dozens of others, 100% of the time it
is a whopping inflation.

Government actually _wants_ it for some important reasons.

1) What sounds better if you are greedy government, getting taxes on
$3.000 a gallon or $6 gallon of gasoline? The alter of course.

2) If a house was worth $400k, but today is worth $200k, if 100%
inflation took, it would revalue the house to $400k and people would be
less inclined to walk away.

3) For the suckers doing t-bills for locked in, and inflation hits say
100%, then the t-bill will loose 1/2 of it's value in favor of th
debtor. This inflation is good for debt welshers.

But 3) is where Chinese, Saudi and Japanese (major creditors) have
issues with the US congressional money mismanagment. So China, the
worlds now premier currency is pegged to the US to protect its debt in
the US from devaluing. In essense, the Chinese Yuan is proping up the USD.

That will work for awhile, but sooner or later the Chinese will write it
off. And with Japan in so much debt, they would rather clean up their
books, a rather bad mess for US futures.

Call it the Obama bad debtor paying chicken with the worlds creditors.
And he is going to loose big time. $14.5 trillion of defunct debt. Now
that is worth a wild assed market crash. Makes Greece look like a cake
walk.

--
There is a sucker born every minute, liberals and our politicians are
counting on it.

On Sun, 09 May 2010 17:54:09 -0600, Canuck57
wrote:

On 09/05/2010 2:30 PM, bpuharic wrote:
On Sun, 09 May 2010 15:50:34 -0400, wrote:


EXACTLY!! finally you get it you IDIOT!!

inflation is running at about 2.5%. and it's been that way for YEARS.

but you right wingers think it's like zimbabwe...

paranoia...tin foil hat paranoia


Did we say Zimbabwe also tried the print money and debt to spend out of
debt?

and did we say that inflation is running at 2.5%?

to you that's the same as 2500%

such is right wing math

So if government clains 2%, I believe after taxes to the net income it
is closer to 3.2%.

And it is like Zimbabwe, Agenina, Brazil, Germany (pre WW II), 1929 USA,
Iceland, Spain, Greece (isn't the first time the ******s are a
welshing), Venezuela, Mexico and dozens of others, 100% of the time it
is a whopping inflation.

any proof other than rush limballs saying it?


Call it the Obama bad debtor paying chicken with the worlds creditors.
And he is going to loose big time. $14.5 trillion of defunct debt. Now
that is worth a wild assed market crash. Makes Greece look like a cake
walk.

more tin foil hat paranoia. more bull****

not a single fact in the whole string of bull****

On Sun, 09 May 2010 17:26:53 -0400, wrote:

On Sun, 09 May 2010 16:30:03 -0400, bpuharic wrote:

The BLS agrees with me but you know how those government people lie.

really? again, i ask

where's your proof?


http://www.bls.gov/news.release/cpi.nr0.htm

EXACTLY!! finally you get it you IDIOT!!

inflation is running at about 2.5%. and it's been that way for YEARS.

I am not stupid enough to think 2.5% is zero.

you're stupid enough to think it's 2500%