In spite of spending a trillion dollars on his porkulus in which Obama
indebted us all to shovel money into the pockets of his buddies, the
money supply is dropping at a rate not seen since the great
depression:
http://www.telegraph.co.uk/finance/e...-stimulus.html
Guess what, raiding the savings of the US middle class to pay off his
union buddies is going to kill the USA economy.

On 5/27/10 4:18 PM, Frogwatch wrote:
In spite of spending a trillion dollars on his porkulus in which Obama
indebted us all to shovel money into the pockets of his buddies, the
money supply is dropping at a rate not seen since the great
depression:
http://www.telegraph.co.uk/finance/e...-stimulus.html
Guess what, raiding the savings of the US middle class to pay off his
union buddies is going to kill the USA economy.


Did you happen to read the article you referenced, dipstick?



--
The Tea Party's teabaggers are just the Republican base by another name.

"hk" wrote in message
m...
On 5/27/10 4:18 PM, Frogwatch wrote:
In spite of spending a trillion dollars on his porkulus in which Obama
indebted us all to shovel money into the pockets of his buddies, the
money supply is dropping at a rate not seen since the great
depression:
http://www.telegraph.co.uk/finance/e...-stimulus.html
Guess what, raiding the savings of the US middle class to pay off his
union buddies is going to kill the USA economy.


Did you happen to read the article you referenced, dipstick?


Froggy isn't interested in facts or the truth.
Remember...he's the guy who insists that the Gulf oil spill is no big deal.

On 5/27/10 5:09 PM, YukonBound wrote:


"hk" wrote in message
m...
On 5/27/10 4:18 PM, Frogwatch wrote:
In spite of spending a trillion dollars on his porkulus in which Obama
indebted us all to shovel money into the pockets of his buddies, the
money supply is dropping at a rate not seen since the great
depression:
http://www.telegraph.co.uk/finance/e...-stimulus.html

Guess what, raiding the savings of the US middle class to pay off his
union buddies is going to kill the USA economy.


Did you happen to read the article you referenced, dipstick?


Froggy isn't interested in facts or the truth.
Remember...he's the guy who insists that the Gulf oil spill is no big deal.


As previously stated I don't believe frog and canuck working together
could get $10 in change from a change vending machine.

--
The Tea Party's teabaggers are just the Republican base by another name.

hk wrote:
On 5/27/10 5:09 PM, YukonBound wrote:


"hk" wrote in message
m...
On 5/27/10 4:18 PM, Frogwatch wrote:
In spite of spending a trillion dollars on his porkulus in which Obama
indebted us all to shovel money into the pockets of his buddies, the
money supply is dropping at a rate not seen since the great
depression:
http://www.telegraph.co.uk/finance/e...-stimulus.html


Guess what, raiding the savings of the US middle class to pay off his
union buddies is going to kill the USA economy.


Did you happen to read the article you referenced, dipstick?


Froggy isn't interested in facts or the truth.
Remember...he's the guy who insists that the Gulf oil spill is no big
deal.


As previously stated I don't believe frog and canuck working together
could get $10 in change from a change vending machine.

It was a dumb statement then and it's now dumber.

On 27/05/2010 2:29 PM, hk wrote:
On 5/27/10 4:18 PM, Frogwatch wrote:
In spite of spending a trillion dollars on his porkulus in which Obama
indebted us all to shovel money into the pockets of his buddies, the
money supply is dropping at a rate not seen since the great
depression:
http://www.telegraph.co.uk/finance/e...-stimulus.html

Guess what, raiding the savings of the US middle class to pay off his
union buddies is going to kill the USA economy.

Did you happen to read the article you referenced, dipstick?

Which one? The one where the worlds credit markets are going nuts? Of
course they are. Congress and Obama haven't addressed the problems.

I will restate, why would anyone loan out my money at todays rates? Why
would I invest in a shrinking economy in some otherwise stagnent dead
business? If you don't have ahrd assets and a good balance sheet, your
not worth my time and certainly will not see my money.

You get 100% of the risk and basically not enough return on a $100k note
to cover the gas costs to get to the bank to loan it. Ditto bonds,
preferred shares etc. Why take the risk? GM got away with a $177
billion wipe out and not one ass hole in jail.

If you look at the fundimentals of the economy, this is going to last
more than a decade. The current course of debt-bailout-corruption and
more debt is failing. And more people are realizing US DC debt is far
greater than 14.5 trillion...

Basically, liberal ponzi government mismanagement of debt, corruption
and statism has it's price, just like USSR.

But this time it is United States Socialist Republic.

--
I would rather be a paid up Conservative nut job than a Liberal with no
nuts, no job in debt and living off of other people like a leach.

"Canuck57" wrote in message
...
On 27/05/2010 2:29 PM, hk wrote:
On 5/27/10 4:18 PM, Frogwatch wrote:
In spite of spending a trillion dollars on his porkulus in which Obama
indebted us all to shovel money into the pockets of his buddies, the
money supply is dropping at a rate not seen since the great
depression:
http://www.telegraph.co.uk/finance/e...-stimulus.html

Guess what, raiding the savings of the US middle class to pay off his
union buddies is going to kill the USA economy.

Did you happen to read the article you referenced, dipstick?

Which one? The one where the worlds credit markets are going nuts? Of
course they are. Congress and Obama haven't addressed the problems.

I will restate, why would anyone loan out my money at todays rates? Why
would I invest in a shrinking economy in some otherwise stagnent dead
business? If you don't have ahrd assets and a good balance sheet, your
not worth my time and certainly will not see my money.

You get 100% of the risk and basically not enough return on a $100k note
to cover the gas costs to get to the bank to loan it. Ditto bonds,
preferred shares etc. Why take the risk? GM got away with a $177 billion
wipe out and not one ass hole in jail.

If you look at the fundimentals of the economy, this is going to last more
than a decade. The current course of debt-bailout-corruption and more
debt is failing. And more people are realizing US DC debt is far greater
than 14.5 trillion...

Basically, liberal ponzi government mismanagement of debt, corruption and
statism has it's price, just like USSR.

But this time it is United States Socialist Republic.

--
I would rather be a paid up Conservative nut job than a Liberal with no
nuts, no job in debt and living off of other people like a leach.


Feel free never to come here. Oh wait, you can't....

On 27/05/2010 2:18 PM, Frogwatch wrote:
In spite of spending a trillion dollars on his porkulus in which Obama
indebted us all to shovel money into the pockets of his buddies, the
money supply is dropping at a rate not seen since the great
depression:
http://www.telegraph.co.uk/finance/e...-stimulus.html
Guess what, raiding the savings of the US middle class to pay off his
union buddies is going to kill the USA economy.

To the professor, it might be frightening but to me, not at all. A
number of factors are at play. Write offs, loses wipe out money. Home
owners taking cash to reduce loan mortgages, larger down payments, as
credit shrinks money cancels off the banks books.

Zero interest rates is actually part of the problem. Why the hell would
anyone loan someone else money for a 0.25% return and all the risk?
Stupid actually. It is why the US government can't borrow and is
creating money by the train loads.

In fact, why should I invest in businesses for a crappy return?

While it shrinks, it staves off inflation. But this trend will not
last. USD needs this contraction or it would be a majorly devalued
currency.

Double dip? At this point it is guaranteed. All the government debt
spending is like pumping up a balloon. Sooner or later it will go pop.
The crack heads in DC didn't learn the first time, so here we go
again. The higher the US debt, the lower we go.

"Great Government/Debt Depression 2008-20xx"

--
I would rather be a paid up Conservative nut job than a Liberal with no
nuts, no job in debt and living off of other people like a leach.