The Federal Reserve Bank bankrupt?
 

On Oct 1, 2:11*pm, bpuharic wrote:
On Fri, 1 Oct 2010 09:22:48 -0700 (PDT), Jack
wrote:

On Oct 1, 3:59*am, bpuharic wrote:
On Fri, 01 Oct 2010 02:02:40 -0400, wrote:

The issue is not monetary policy, it is a decline in our capacity to
produce things we can sell the world.

and one of the biggest factors in this was the destruction of unions.
a recent series of articles in 'slate' showed that countries with
strong unions also have strong manufacturing bases. the right
destroyed the unions in this country and, bye bye manufacturing

You're using backward logic. *Actually, more manufacturing brings more
unions.

nope. not if you can intimidate workers. and america has given carte
blanche to companies to do exactly this. there is no penalty for
harassment, intimidation, or even firing union organizers

* Less manufacturing = less unions. *Unions priced themselves

out of the market,

wrong. germany, sweden and france all have good manufacturing bases
and have strong unions

right wingers WANT people to think unions are bad, but the EVIDENCE
shows othewise

and people like you killed manufacturing by buying

cheap chinese-made battery chargers at walmart. *You killed the unions
with your purchasing decisions.

nope. you killed them when you allowed the right to pass legislation
destroying unions

Obviously you have never really worked in a blue collar union
operation. But it's ok for you to believe what you read at the Kos,
it's your right....

The Federal Reserve Bank bankrupt?
 

On Fri, 01 Oct 2010 15:00:57 -0400, wrote:


The question is what caused them to decline. You can blame it on
management but managers answer to stock holders, not unions.
In the late 80s and beyond we rated the economy based on how the stock
market was doing, not how the workers were doing. We still rate the
economy on how the major stock indexes are doing.
Bob dances around it but that was particularly true during the Clinton
administration. The decline of his middle class went into high gear
during that time.

wrong. the decline of the middle class has been happening for decades.
the 'great divergence' of middle class/wealthy salaries has been going
on for quite some time

That was when major corporations started shedding
their senior employees in massive downsizing actions, just to pump up
stock prices. That was where his "prosperity" came from.

and they started paying their CEO's astronomical salaries...one of the
major factors in the wage split

The Federal Reserve Bank bankrupt?
 

On Fri, 1 Oct 2010 11:20:14 -0700 (PDT), "JustWaitAFrekinMinute!"
wrote:


Obviously you have never really worked in a blue collar union
operation. But it's ok for you to believe what you read at the Kos,
it's your right....


why not look up ATT and Greene Tweed. see if they are/were union
shops, OK?

another opnion pulled out courtesy of charmin

The Federal Reserve Bank bankrupt?
 

On 9/30/2010 3:25 PM, A.Boater wrote:
No. Now, calm down and take your meds.

You mean take the profits?

--
Is government working for you, or are you working for the government?

The Federal Reserve Bank bankrupt?
 

On 10/1/2010 8:28 AM, Harry® wrote:
wrote in message ...

wrote in message
...
On Thu, 30 Sep 2010 17:55:44 -0700, "nom=de=plume"
wrote:


wrote in message
...

So is the US The Federal Reserve Bank bankrupt?

Perhaps. They are issuing lots of new fiat money to the US and other
governments as no one is lending them money any more. Keep crating
money
until it breaks and then declare bankruptcy on a world wide scale.

http://curiouscapitalist.blogs.time....dump-u-s-debt/

Which is the real reason behind government rant on currency, they want
the
Chinese to eat the depreciation of US debt.

Suckers play by democrat debtors in denial.

Boats are only going to get cheaper.

--
Is government working for you, or are you working for the government?

Nuckles, nuckles... the Fed can't go bankrupt. Learn to use google. Google
is your friend.


Certainly it can. All it would take is for China to stop buying our
debt and dump their dollars on the world money markets.

As I said, it can't go bankrupt.

It would certainly hurt them bad but it would kill us. The Chinese
expect tanks in the street to kick them back into the fold but we
would not survive as a country if it happens here.

No, actually, the reverse is true. It would hurt us and wipe them out.



What logic supports your theory?


nom=de=plume has logic? Hahaha... she-it doesn't have the money to
invest and knows nothing.


--
Is government working for you, or are you working for the government?

The Federal Reserve Bank bankrupt?
 

On 10/1/10 3:35 PM, Canuck57 wrote:
On 10/1/2010 8:28 AM, Harry® wrote:
wrote in message
...

wrote in message
...
On Thu, 30 Sep 2010 17:55:44 -0700, "nom=de=plume"
wrote:


wrote in message
...

So is the US The Federal Reserve Bank bankrupt?

Perhaps. They are issuing lots of new fiat money to the US and other
governments as no one is lending them money any more. Keep crating
money
until it breaks and then declare bankruptcy on a world wide scale.

http://curiouscapitalist.blogs.time....dump-u-s-debt/


Which is the real reason behind government rant on currency, they
want
the
Chinese to eat the depreciation of US debt.

Suckers play by democrat debtors in denial.

Boats are only going to get cheaper.

--
Is government working for you, or are you working for the government?

Nuckles, nuckles... the Fed can't go bankrupt. Learn to use google.
Google
is your friend.


Certainly it can. All it would take is for China to stop buying our
debt and dump their dollars on the world money markets.

As I said, it can't go bankrupt.

It would certainly hurt them bad but it would kill us. The Chinese
expect tanks in the street to kick them back into the fold but we
would not survive as a country if it happens here.

No, actually, the reverse is true. It would hurt us and wipe them out.



What logic supports your theory?


nom=de=plume has logic? Hahaha... she-it doesn't have the money to
invest and knows nothing.



There's plenty of evidence you don't know **** from shoe polish. You
provide more of it with almost every post.

--
Republicans are the Party of No:
No Leaders / No Ideas / No Morals

The Federal Reserve Bank bankrupt?
 

"Secular Humoresque" wrote in message m...
On 10/1/10 3:35 PM, Canuck57 wrote:
On 10/1/2010 8:28 AM, Harry® wrote:
wrote in message
...

wrote in message
...
On Thu, 30 Sep 2010 17:55:44 -0700, "nom=de=plume"
wrote:


wrote in message
...

So is the US The Federal Reserve Bank bankrupt?

Perhaps. They are issuing lots of new fiat money to the US and other
governments as no one is lending them money any more. Keep crating
money
until it breaks and then declare bankruptcy on a world wide scale.

http://curiouscapitalist.blogs.time....dump-u-s-debt/


Which is the real reason behind government rant on currency, they
want
the
Chinese to eat the depreciation of US debt.

Suckers play by democrat debtors in denial.

Boats are only going to get cheaper.

--
Is government working for you, or are you working for the government?

Nuckles, nuckles... the Fed can't go bankrupt. Learn to use google.
Google
is your friend.


Certainly it can. All it would take is for China to stop buying our
debt and dump their dollars on the world money markets.

As I said, it can't go bankrupt.

It would certainly hurt them bad but it would kill us. The Chinese
expect tanks in the street to kick them back into the fold but we
would not survive as a country if it happens here.

No, actually, the reverse is true. It would hurt us and wipe them out.



What logic supports your theory?


nom=de=plume has logic? Hahaha... she-it doesn't have the money to
invest and knows nothing.



There's plenty of evidence you don't know **** from shoe polish. You
provide more of it with almost every post.

--
Republicans are the Party of No:
No Leaders / No Ideas / No Morals


I'm always happy to weigh evidence but you don't have any. You talk through your ass and it stinks.

--
Harry
"The 'C' students run the world."

The Federal Reserve Bank bankrupt?
 

wrote in message
...
On Fri, 1 Oct 2010 10:38:08 -0700, "nom=de=plume"
wrote:

They are already braced to take that loss. China is smart enough to
see our current system is unsustainable. The only question is whether
they want to get out while the dollar is still strong or ride it down.
They may take the tough love decision to squeeze us, just to force us
into fiscal responsibility and insure a longer term market for their
goods.

Not true. They're in it for the money. They intend to keep playing.
They're
certainly going to squeeze us (continue to actually) to get our house in
order. What's wrong with that? Everyone wins.

We are not going to be any happier about it than the Greeks were when
the Germans told them they had to cut their entitlements.
The question is how that manifests itself. We have a horrible history
of electing politicians who will not admit we are in trouble and
promise to kick the can down the road.

The Chinese can bankrupt us yet not take a Trillion buck loss. The value of
the their debt holdings are decreasing with any inflation we get. And they
may get 50% of the debt and win a war against evil America and not even have
to shoot off a missile. We've spent a Trillion in the middle east on the
longest war in US history and still no way to win. They spend $500 Billion
and win. The ability to print money does not guarantee we can not go BK.
If overspending by government made us richer, the USSR would still be the
USSR and be the richest entity of all the nation states.

The Federal Reserve Bank bankrupt?
 

"Canuck57" wrote in message
...
On 9/30/2010 3:25 PM, A.Boater wrote:
No. Now, calm down and take your meds.

You mean take the profits?

--
Is government working for you, or are you working for the government?

Something you're incapable of accomplishing we're sure.

The Federal Reserve Bank bankrupt?
 

wrote in message
...
On Fri, 1 Oct 2010 10:32:48 -0700, "nom=de=plume"
wrote:

Go to any store, pick up just about anything and see where it came
from.

So, you want us to compete to make plastic toys? Well, actually, what gets
produced here doesn't usually have a lead problem.

Have you looked at anything other than plastic toys?
Look at things like tools, electronics or clothes. How many are US
made?
We send them scrap iron, they send us socket wrenches.

And, I pointed out that we also export lots of stuff. Your point? We used to
be afraid of Japan. Now, we're "afraid" of China. I prefer not to be
"afraid."