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  #11   Report Post  
posted to rec.boats
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First recorded activity by BoatBanter: May 2011
Posts: 115
Default China downgrades US debt

On 8/3/2011 4:32 PM, wrote:
On Wed, 03 Aug 2011 14:14:34 -0600,
wrote:

On 03/08/2011 12:23 PM,
wrote:
On Wed, 03 Aug 2011 09:07:14 -0600,
wrote:


Not only has China reduced the US credit rating, they have reduced their
holdings of US debt. Once as high as $2.1 trillion, now only $1.15
trillion as everyone knows, USD is experiencing Bernanke currency fraud.
No one buys US treasuries any more, Bernanke prints it.

The Bernake doctrine of inflation causing unemployment:
http://en.wikipedia.org/wiki/Bernanke_Doctrine

http://timesofindia.indiatimes.com/w...ow/9470675.cms

Moody was paid off of course, but given Moody failed to warn Enron, GM,
GMAC, Chrysler, Greece and others, no wonder no one trusts a Moody
rating. Lets see if S&P is a better service.

It is sad that so many believe the road to wealth is paved with debt.
They will only find poverty at the end of that road.

As though China's agency is that important - a country that
artificially lowers the value of the Yuan. It's ok for them to have a
weak currency, but when the US dollar devalues, the world ends,
according to morons like you.

In any case, thanks to the wackos for the manufactured debt ceiling
crisis - the nutcases "win" by damaging the US economy and destroying
jobs. Good show!


They do that to fight the US Fed currency fraud. But as the US
treasuries come due, China is pulling out the USD and buying companies
and real assets around the world, mostly outside of the USA. They even
buy 100s of tons of gold.

Hey, I agree USA is being sucked dry of wealth. Not everyone is a
fleabagger with their ass on their shoulders worshiping debt like a god.
I just completed my exit USA planning session with my tax accountant
on how best to get my remaining moneys out of the USA investments in the
most tax efficient manner. Will only cost me 15% so I gave the just
orders to execute it.

You should read up on debt currency crisis of Argentinian, Germans in
the early 30's, Zimbabwe, Asian currency crisis circa 1990 or so,
Iceland and others. No glory had being invested with delinquent debtors
and sticking around for the carnage of debt-tax greed.

In 1933, after the double dip of 1932, US government issued an executive
order to confiscate gold at $20/ounce and then pegged it to $35 casing
75% over night inflation. I am sure the government greedy statists are
cooking up something for 2012 or beyond. Who knows, maybe an
incremental tax grab of 18% national VAT.

But it is clear in any case the USA economy is toast for decades to
come. No glory in delinquent debtors. And Bernanke can't print money
like grains of sand or toilet paper forever. Countries are moving off
the USD as a world reserve. No glory there either.

Basically fleabagger greed killed the USA economy with dishonored debts.


Feel free to support China over the US. That's about your speed.
Marxism over Capitalism seems to be your mantra, just like you
promoting stupidity over rationality.

Capitalism is not America. The Chinese Marxist are now capitalist or is
it using capitalism?. The Russians are using capitalism.
  #12   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Jul 2011
Posts: 165
Default China downgrades US debt

On 8/3/11 4:32 PM, wrote:
On Wed, 03 Aug 2011 14:14:34 -0600,
wrote:

On 03/08/2011 12:23 PM,
wrote:
On Wed, 03 Aug 2011 09:07:14 -0600,
wrote:


Not only has China reduced the US credit rating, they have reduced their
holdings of US debt. Once as high as $2.1 trillion, now only $1.15
trillion as everyone knows, USD is experiencing Bernanke currency fraud.
No one buys US treasuries any more, Bernanke prints it.

The Bernake doctrine of inflation causing unemployment:
http://en.wikipedia.org/wiki/Bernanke_Doctrine

http://timesofindia.indiatimes.com/w...ow/9470675.cms

Moody was paid off of course, but given Moody failed to warn Enron, GM,
GMAC, Chrysler, Greece and others, no wonder no one trusts a Moody
rating. Lets see if S&P is a better service.

It is sad that so many believe the road to wealth is paved with debt.
They will only find poverty at the end of that road.

As though China's agency is that important - a country that
artificially lowers the value of the Yuan. It's ok for them to have a
weak currency, but when the US dollar devalues, the world ends,
according to morons like you.

In any case, thanks to the wackos for the manufactured debt ceiling
crisis - the nutcases "win" by damaging the US economy and destroying
jobs. Good show!


They do that to fight the US Fed currency fraud. But as the US
treasuries come due, China is pulling out the USD and buying companies
and real assets around the world, mostly outside of the USA. They even
buy 100s of tons of gold.

Hey, I agree USA is being sucked dry of wealth. Not everyone is a
fleabagger with their ass on their shoulders worshiping debt like a god.
I just completed my exit USA planning session with my tax accountant
on how best to get my remaining moneys out of the USA investments in the
most tax efficient manner. Will only cost me 15% so I gave the just
orders to execute it.

You should read up on debt currency crisis of Argentinian, Germans in
the early 30's, Zimbabwe, Asian currency crisis circa 1990 or so,
Iceland and others. No glory had being invested with delinquent debtors
and sticking around for the carnage of debt-tax greed.

In 1933, after the double dip of 1932, US government issued an executive
order to confiscate gold at $20/ounce and then pegged it to $35 casing
75% over night inflation. I am sure the government greedy statists are
cooking up something for 2012 or beyond. Who knows, maybe an
incremental tax grab of 18% national VAT.

But it is clear in any case the USA economy is toast for decades to
come. No glory in delinquent debtors. And Bernanke can't print money
like grains of sand or toilet paper forever. Countries are moving off
the USD as a world reserve. No glory there either.

Basically fleabagger greed killed the USA economy with dishonored debts.


Feel free to support China over the US. That's about your speed.
Marxism over Capitalism seems to be your mantra, just like you
promoting stupidity over rationality.



Actually, what we have in this country is socialism, but ****-poor
socialism, not the sort of socialism that modern European countries that
are progressing have. We're heading down the black hole of corporatism
and serfdom.


--
Don't forget to leave a bit of beef for rec.boat's right-wing
conservatrashers and ID spoofers to feed upon. The more they feed, the
quicker rec.boats will fall into the black hole of cyberspace and disappear.
  #13   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Oct 2010
Posts: 4,021
Default China downgrades US debt

On Wed, 03 Aug 2011 16:39:38 -0400, LilAbner wrote:

On 8/3/2011 4:31 PM, wrote:
On Wed, 03 Aug 2011 16:05:12 -0400, wrote:

On 8/3/2011 2:47 PM, X - Man wrote:
On 8/3/11 2:23 PM,
wrote:
On Wed, 03 Aug 2011 09:07:14 -0600,
wrote:


Not only has China reduced the US credit rating, they have reduced their
holdings of US debt. Once as high as $2.1 trillion, now only $1.15
trillion as everyone knows, USD is experiencing Bernanke currency fraud.
No one buys US treasuries any more, Bernanke prints it.

The Bernake doctrine of inflation causing unemployment:
http://en.wikipedia.org/wiki/Bernanke_Doctrine

http://timesofindia.indiatimes.com/w...ow/9470675.cms


Moody was paid off of course, but given Moody failed to warn Enron, GM,
GMAC, Chrysler, Greece and others, no wonder no one trusts a Moody
rating. Lets see if S&P is a better service.

It is sad that so many believe the road to wealth is paved with debt.
They will only find poverty at the end of that road.

As though China's agency is that important - a country that
artificially lowers the value of the Yuan. It's ok for them to have a
weak currency, but when the US dollar devalues, the world ends,
according to morons like you.

In any case, thanks to the wackos for the manufactured debt ceiling
crisis - the nutcases "win" by damaging the US economy and destroying
jobs. Good show!


The GOP congressional leaders said just that, that they would do
anything to help prevent Obama's re-election, and that included further
damaging the US economy.

Washington only listens to Wall Street and it could care less about an
"America." We have hedge funds gaining global monopoly on basic
commodities.


Yes, this is true. Thus, we need regulations in place and enforced to
compel WS to act responsibly. This take it out of the pay for play
political game.

We have every other nation, on earth looking out for their best
interest, except the one's falling apart like Greece and us.


We are not "falling apart" and certainly not like Greece. There is no
immediate financial crisis, esp. wrt the debt ceiling hostage taking.

China has always been playing economics with global strategic advantage
as the Marxist goal.


Tell this to Knuckles. He thinks they are just one great place!

Share the wealth or really share the poverty, instability and struggle
with all those places that never went anywhere except with our handouts.
China would still be a third world beggar if not for Kissinger and Nixon
and Globalists.


I cannot nor should anyone support isolationism. That gets us into
wars.

We shared or gave our wealth now we are sharing their poverty
insecurity, creeping socialism or communism, reduced or eliminated
American Dream for our kids.
Thank a Globalist merchant or Banker.


There is no such thing as creeping socialism in the US. We've been
socialist except in name since FDR. Feel free to give up your Social
Security and Medicare/Medicaid if you prefer.

Look at it in the broader context, including remarks; not in political
affiliation or leaning.


I have and I do. Do you really think we're a pure capitalist society??
  #14   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Oct 2010
Posts: 4,021
Default China downgrades US debt

On Wed, 03 Aug 2011 16:45:27 -0400, LilAbner wrote:

On 8/3/2011 4:32 PM, wrote:
On Wed, 03 Aug 2011 14:14:34 -0600,
wrote:

On 03/08/2011 12:23 PM,
wrote:
On Wed, 03 Aug 2011 09:07:14 -0600,
wrote:


Not only has China reduced the US credit rating, they have reduced their
holdings of US debt. Once as high as $2.1 trillion, now only $1.15
trillion as everyone knows, USD is experiencing Bernanke currency fraud.
No one buys US treasuries any more, Bernanke prints it.

The Bernake doctrine of inflation causing unemployment:
http://en.wikipedia.org/wiki/Bernanke_Doctrine

http://timesofindia.indiatimes.com/w...ow/9470675.cms

Moody was paid off of course, but given Moody failed to warn Enron, GM,
GMAC, Chrysler, Greece and others, no wonder no one trusts a Moody
rating. Lets see if S&P is a better service.

It is sad that so many believe the road to wealth is paved with debt.
They will only find poverty at the end of that road.

As though China's agency is that important - a country that
artificially lowers the value of the Yuan. It's ok for them to have a
weak currency, but when the US dollar devalues, the world ends,
according to morons like you.

In any case, thanks to the wackos for the manufactured debt ceiling
crisis - the nutcases "win" by damaging the US economy and destroying
jobs. Good show!

They do that to fight the US Fed currency fraud. But as the US
treasuries come due, China is pulling out the USD and buying companies
and real assets around the world, mostly outside of the USA. They even
buy 100s of tons of gold.

Hey, I agree USA is being sucked dry of wealth. Not everyone is a
fleabagger with their ass on their shoulders worshiping debt like a god.
I just completed my exit USA planning session with my tax accountant
on how best to get my remaining moneys out of the USA investments in the
most tax efficient manner. Will only cost me 15% so I gave the just
orders to execute it.

You should read up on debt currency crisis of Argentinian, Germans in
the early 30's, Zimbabwe, Asian currency crisis circa 1990 or so,
Iceland and others. No glory had being invested with delinquent debtors
and sticking around for the carnage of debt-tax greed.

In 1933, after the double dip of 1932, US government issued an executive
order to confiscate gold at $20/ounce and then pegged it to $35 casing
75% over night inflation. I am sure the government greedy statists are
cooking up something for 2012 or beyond. Who knows, maybe an
incremental tax grab of 18% national VAT.

But it is clear in any case the USA economy is toast for decades to
come. No glory in delinquent debtors. And Bernanke can't print money
like grains of sand or toilet paper forever. Countries are moving off
the USD as a world reserve. No glory there either.

Basically fleabagger greed killed the USA economy with dishonored debts.


Feel free to support China over the US. That's about your speed.
Marxism over Capitalism seems to be your mantra, just like you
promoting stupidity over rationality.

Capitalism is not America. The Chinese Marxist are now capitalist or is
it using capitalism?. The Russians are using capitalism.


Ummm... and your point? You just denied this previously. China/Russia
have very little regulation (enforced) over corporations, except when
it comes to political involvement, then they throw the CEOs in jail.
Is that what you want in the US? I think I'll pass on that.

  #15   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Oct 2010
Posts: 4,021
Default China downgrades US debt

On Wed, 03 Aug 2011 16:58:18 -0400, X - Man
wrote:

On 8/3/11 4:32 PM, wrote:
On Wed, 03 Aug 2011 14:14:34 -0600,
wrote:

On 03/08/2011 12:23 PM,
wrote:
On Wed, 03 Aug 2011 09:07:14 -0600,
wrote:


Not only has China reduced the US credit rating, they have reduced their
holdings of US debt. Once as high as $2.1 trillion, now only $1.15
trillion as everyone knows, USD is experiencing Bernanke currency fraud.
No one buys US treasuries any more, Bernanke prints it.

The Bernake doctrine of inflation causing unemployment:
http://en.wikipedia.org/wiki/Bernanke_Doctrine

http://timesofindia.indiatimes.com/w...ow/9470675.cms

Moody was paid off of course, but given Moody failed to warn Enron, GM,
GMAC, Chrysler, Greece and others, no wonder no one trusts a Moody
rating. Lets see if S&P is a better service.

It is sad that so many believe the road to wealth is paved with debt.
They will only find poverty at the end of that road.

As though China's agency is that important - a country that
artificially lowers the value of the Yuan. It's ok for them to have a
weak currency, but when the US dollar devalues, the world ends,
according to morons like you.

In any case, thanks to the wackos for the manufactured debt ceiling
crisis - the nutcases "win" by damaging the US economy and destroying
jobs. Good show!

They do that to fight the US Fed currency fraud. But as the US
treasuries come due, China is pulling out the USD and buying companies
and real assets around the world, mostly outside of the USA. They even
buy 100s of tons of gold.

Hey, I agree USA is being sucked dry of wealth. Not everyone is a
fleabagger with their ass on their shoulders worshiping debt like a god.
I just completed my exit USA planning session with my tax accountant
on how best to get my remaining moneys out of the USA investments in the
most tax efficient manner. Will only cost me 15% so I gave the just
orders to execute it.

You should read up on debt currency crisis of Argentinian, Germans in
the early 30's, Zimbabwe, Asian currency crisis circa 1990 or so,
Iceland and others. No glory had being invested with delinquent debtors
and sticking around for the carnage of debt-tax greed.

In 1933, after the double dip of 1932, US government issued an executive
order to confiscate gold at $20/ounce and then pegged it to $35 casing
75% over night inflation. I am sure the government greedy statists are
cooking up something for 2012 or beyond. Who knows, maybe an
incremental tax grab of 18% national VAT.

But it is clear in any case the USA economy is toast for decades to
come. No glory in delinquent debtors. And Bernanke can't print money
like grains of sand or toilet paper forever. Countries are moving off
the USD as a world reserve. No glory there either.

Basically fleabagger greed killed the USA economy with dishonored debts.


Feel free to support China over the US. That's about your speed.
Marxism over Capitalism seems to be your mantra, just like you
promoting stupidity over rationality.



Actually, what we have in this country is socialism, but ****-poor
socialism, not the sort of socialism that modern European countries that
are progressing have. We're heading down the black hole of corporatism
and serfdom.


Of course we do. The right-wingers are all for pure capitalism until
they have to give us street lights, water treatment, police, fire,
SS/Medicare/Medicaid, etc.


  #16   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Aug 2011
Posts: 315
Default China downgrades US debt

On 8/3/2011 5:32 PM, wrote:
On Wed, 03 Aug 2011 16:58:18 -0400, X -
wrote:

On 8/3/11 4:32 PM,
wrote:
On Wed, 03 Aug 2011 14:14:34 -0600,
wrote:

On 03/08/2011 12:23 PM,
wrote:
On Wed, 03 Aug 2011 09:07:14 -0600,
wrote:


Not only has China reduced the US credit rating, they have reduced their
holdings of US debt. Once as high as $2.1 trillion, now only $1.15
trillion as everyone knows, USD is experiencing Bernanke currency fraud.
No one buys US treasuries any more, Bernanke prints it.

The Bernake doctrine of inflation causing unemployment:
http://en.wikipedia.org/wiki/Bernanke_Doctrine

http://timesofindia.indiatimes.com/w...ow/9470675.cms

Moody was paid off of course, but given Moody failed to warn Enron, GM,
GMAC, Chrysler, Greece and others, no wonder no one trusts a Moody
rating. Lets see if S&P is a better service.

It is sad that so many believe the road to wealth is paved with debt.
They will only find poverty at the end of that road.

As though China's agency is that important - a country that
artificially lowers the value of the Yuan. It's ok for them to have a
weak currency, but when the US dollar devalues, the world ends,
according to morons like you.

In any case, thanks to the wackos for the manufactured debt ceiling
crisis - the nutcases "win" by damaging the US economy and destroying
jobs. Good show!

They do that to fight the US Fed currency fraud. But as the US
treasuries come due, China is pulling out the USD and buying companies
and real assets around the world, mostly outside of the USA. They even
buy 100s of tons of gold.

Hey, I agree USA is being sucked dry of wealth. Not everyone is a
fleabagger with their ass on their shoulders worshiping debt like a god.
I just completed my exit USA planning session with my tax accountant
on how best to get my remaining moneys out of the USA investments in the
most tax efficient manner. Will only cost me 15% so I gave the just
orders to execute it.

You should read up on debt currency crisis of Argentinian, Germans in
the early 30's, Zimbabwe, Asian currency crisis circa 1990 or so,
Iceland and others. No glory had being invested with delinquent debtors
and sticking around for the carnage of debt-tax greed.

In 1933, after the double dip of 1932, US government issued an executive
order to confiscate gold at $20/ounce and then pegged it to $35 casing
75% over night inflation. I am sure the government greedy statists are
cooking up something for 2012 or beyond. Who knows, maybe an
incremental tax grab of 18% national VAT.

But it is clear in any case the USA economy is toast for decades to
come. No glory in delinquent debtors. And Bernanke can't print money
like grains of sand or toilet paper forever. Countries are moving off
the USD as a world reserve. No glory there either.

Basically fleabagger greed killed the USA economy with dishonored debts.

Feel free to support China over the US. That's about your speed.
Marxism over Capitalism seems to be your mantra, just like you
promoting stupidity over rationality.



Actually, what we have in this country is socialism, but ****-poor
socialism, not the sort of socialism that modern European countries that
are progressing have. We're heading down the black hole of corporatism
and serfdom.


Of course we do. The right-wingers are all for pure capitalism until
they have to give us street lights, water treatment, police, fire,
SS/Medicare/Medicaid, etc.


You aren't being paid to worry about this crap.
  #17   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: May 2011
Posts: 115
Default China downgrades US debt

On 8/3/2011 5:31 PM, wrote:
On Wed, 03 Aug 2011 16:45:27 -0400, wrote:

On 8/3/2011 4:32 PM,
wrote:
On Wed, 03 Aug 2011 14:14:34 -0600,
wrote:

On 03/08/2011 12:23 PM,
wrote:
On Wed, 03 Aug 2011 09:07:14 -0600,
wrote:


Not only has China reduced the US credit rating, they have reduced their
holdings of US debt. Once as high as $2.1 trillion, now only $1.15
trillion as everyone knows, USD is experiencing Bernanke currency fraud.
No one buys US treasuries any more, Bernanke prints it.

The Bernake doctrine of inflation causing unemployment:
http://en.wikipedia.org/wiki/Bernanke_Doctrine

http://timesofindia.indiatimes.com/w...ow/9470675.cms

Moody was paid off of course, but given Moody failed to warn Enron, GM,
GMAC, Chrysler, Greece and others, no wonder no one trusts a Moody
rating. Lets see if S&P is a better service.

It is sad that so many believe the road to wealth is paved with debt.
They will only find poverty at the end of that road.

As though China's agency is that important - a country that
artificially lowers the value of the Yuan. It's ok for them to have a
weak currency, but when the US dollar devalues, the world ends,
according to morons like you.

In any case, thanks to the wackos for the manufactured debt ceiling
crisis - the nutcases "win" by damaging the US economy and destroying
jobs. Good show!

They do that to fight the US Fed currency fraud. But as the US
treasuries come due, China is pulling out the USD and buying companies
and real assets around the world, mostly outside of the USA. They even
buy 100s of tons of gold.

Hey, I agree USA is being sucked dry of wealth. Not everyone is a
fleabagger with their ass on their shoulders worshiping debt like a god.
I just completed my exit USA planning session with my tax accountant
on how best to get my remaining moneys out of the USA investments in the
most tax efficient manner. Will only cost me 15% so I gave the just
orders to execute it.

You should read up on debt currency crisis of Argentinian, Germans in
the early 30's, Zimbabwe, Asian currency crisis circa 1990 or so,
Iceland and others. No glory had being invested with delinquent debtors
and sticking around for the carnage of debt-tax greed.

In 1933, after the double dip of 1932, US government issued an executive
order to confiscate gold at $20/ounce and then pegged it to $35 casing
75% over night inflation. I am sure the government greedy statists are
cooking up something for 2012 or beyond. Who knows, maybe an
incremental tax grab of 18% national VAT.

But it is clear in any case the USA economy is toast for decades to
come. No glory in delinquent debtors. And Bernanke can't print money
like grains of sand or toilet paper forever. Countries are moving off
the USD as a world reserve. No glory there either.

Basically fleabagger greed killed the USA economy with dishonored debts.

Feel free to support China over the US. That's about your speed.
Marxism over Capitalism seems to be your mantra, just like you
promoting stupidity over rationality.

Capitalism is not America. The Chinese Marxist are now capitalist or is
it using capitalism?. The Russians are using capitalism.


Ummm... and your point? You just denied this previously. China/Russia
have very little regulation (enforced) over corporations, except when
it comes to political involvement, then they throw the CEOs in jail.
Is that what you want in the US? I think I'll pass on that.

say what?
  #18   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Oct 2009
Posts: 6,596
Default China downgrades US debt

On 03/08/2011 2:05 PM, LilAbner wrote:
On 8/3/2011 2:47 PM, X - Man wrote:
On 8/3/11 2:23 PM, wrote:
On Wed, 03 Aug 2011 09:07:14 -0600,
wrote:


Not only has China reduced the US credit rating, they have reduced
their
holdings of US debt. Once as high as $2.1 trillion, now only $1.15
trillion as everyone knows, USD is experiencing Bernanke currency
fraud.
No one buys US treasuries any more, Bernanke prints it.

The Bernake doctrine of inflation causing unemployment:
http://en.wikipedia.org/wiki/Bernanke_Doctrine

http://timesofindia.indiatimes.com/w...ow/9470675.cms



Moody was paid off of course, but given Moody failed to warn Enron, GM,
GMAC, Chrysler, Greece and others, no wonder no one trusts a Moody
rating. Lets see if S&P is a better service.

It is sad that so many believe the road to wealth is paved with debt.
They will only find poverty at the end of that road.

As though China's agency is that important - a country that
artificially lowers the value of the Yuan. It's ok for them to have a
weak currency, but when the US dollar devalues, the world ends,
according to morons like you.

In any case, thanks to the wackos for the manufactured debt ceiling
crisis - the nutcases "win" by damaging the US economy and destroying
jobs. Good show!



The GOP congressional leaders said just that, that they would do
anything to help prevent Obama's re-election, and that included further
damaging the US economy.

Washington only listens to Wall Street and it could care less about an
"America." We have hedge funds gaining global monopoly on basic
commodities.
We have every other nation, on earth looking out for their best
interest, except the one's falling apart like Greece and us.
China has always been playing economics with global strategic advantage
as the Marxist goal.
Share the wealth or really share the poverty, instability and struggle
with all those places that never went anywhere except with our handouts.
China would still be a third world beggar if not for Kissinger and Nixon
and Globalists.
We shared or gave our wealth now we are sharing their poverty
insecurity, creeping socialism or communism, reduced or eliminated
American Dream for our kids.
Thank a Globalist merchant or Banker.


You just can't admit China with all of its civic, provincial and federal
combined debt of $1.55 trillion and $2.6 trillion in foreign assets to
offset it balance sheet in the green, is just a better economically
managed country.

Who you have to thank is Bernanke and the fleabaggers who signed away
America's future to more debt. Now DC can't even pay real money for its
debts, as Bernanke has to counterfeit it or the US treasuries will not
be bought.

You should see what the Russian and Chinese papers say about America's
delinquent debtors and the ponzi fraud scheme.

Fact is, too much debt, corruption, incompetence and bailouts. While US
was bailing out GM, China was building the worlds largest power
generating dam and have something to show for it.

--
Seems like paying your bills with real money is no longer the accepted
behavior in USA. Perhaps that is the problem and not the the solution.
  #19   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Oct 2009
Posts: 6,596
Default China downgrades US debt

On 03/08/2011 2:45 PM, LilAbner wrote:
On 8/3/2011 4:32 PM, wrote:
On Wed, 03 Aug 2011 14:14:34 -0600,
wrote:

On 03/08/2011 12:23 PM,
wrote:
On Wed, 03 Aug 2011 09:07:14 -0600,
wrote:


Not only has China reduced the US credit rating, they have reduced
their
holdings of US debt. Once as high as $2.1 trillion, now only $1.15
trillion as everyone knows, USD is experiencing Bernanke currency
fraud.
No one buys US treasuries any more, Bernanke prints it.

The Bernake doctrine of inflation causing unemployment:
http://en.wikipedia.org/wiki/Bernanke_Doctrine

http://timesofindia.indiatimes.com/w...ow/9470675.cms


Moody was paid off of course, but given Moody failed to warn Enron,
GM,
GMAC, Chrysler, Greece and others, no wonder no one trusts a Moody
rating. Lets see if S&P is a better service.

It is sad that so many believe the road to wealth is paved with debt.
They will only find poverty at the end of that road.

As though China's agency is that important - a country that
artificially lowers the value of the Yuan. It's ok for them to have a
weak currency, but when the US dollar devalues, the world ends,
according to morons like you.

In any case, thanks to the wackos for the manufactured debt ceiling
crisis - the nutcases "win" by damaging the US economy and destroying
jobs. Good show!

They do that to fight the US Fed currency fraud. But as the US
treasuries come due, China is pulling out the USD and buying companies
and real assets around the world, mostly outside of the USA. They even
buy 100s of tons of gold.

Hey, I agree USA is being sucked dry of wealth. Not everyone is a
fleabagger with their ass on their shoulders worshiping debt like a god.
I just completed my exit USA planning session with my tax accountant
on how best to get my remaining moneys out of the USA investments in the
most tax efficient manner. Will only cost me 15% so I gave the just
orders to execute it.

You should read up on debt currency crisis of Argentinian, Germans in
the early 30's, Zimbabwe, Asian currency crisis circa 1990 or so,
Iceland and others. No glory had being invested with delinquent debtors
and sticking around for the carnage of debt-tax greed.

In 1933, after the double dip of 1932, US government issued an executive
order to confiscate gold at $20/ounce and then pegged it to $35 casing
75% over night inflation. I am sure the government greedy statists are
cooking up something for 2012 or beyond. Who knows, maybe an
incremental tax grab of 18% national VAT.

But it is clear in any case the USA economy is toast for decades to
come. No glory in delinquent debtors. And Bernanke can't print money
like grains of sand or toilet paper forever. Countries are moving off
the USD as a world reserve. No glory there either.

Basically fleabagger greed killed the USA economy with dishonored debts.


Feel free to support China over the US. That's about your speed.
Marxism over Capitalism seems to be your mantra, just like you
promoting stupidity over rationality.

Capitalism is not America. The Chinese Marxist are now capitalist or is
it using capitalism?. The Russians are using capitalism.


China would be best described as a democratic authoritarianism
governance with a capitalist economy. Highly efficient. Any you are
right, Russia is now capitalist.

Capitalism really exists everywhere to one degree or another.
--
Seems like paying your bills with real money is no longer the accepted
behavior in USA. Perhaps that is the problem and not the the solution.
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Default China downgrades US debt

On 8/3/2011 8:27 PM, Canuck57 wrote:
On 03/08/2011 2:05 PM, LilAbner wrote:
On 8/3/2011 2:47 PM, X - Man wrote:
On 8/3/11 2:23 PM, wrote:
On Wed, 03 Aug 2011 09:07:14 -0600,
wrote:


Not only has China reduced the US credit rating, they have reduced
their
holdings of US debt. Once as high as $2.1 trillion, now only $1.15
trillion as everyone knows, USD is experiencing Bernanke currency
fraud.
No one buys US treasuries any more, Bernanke prints it.

The Bernake doctrine of inflation causing unemployment:
http://en.wikipedia.org/wiki/Bernanke_Doctrine

http://timesofindia.indiatimes.com/w...ow/9470675.cms




Moody was paid off of course, but given Moody failed to warn Enron,
GM,
GMAC, Chrysler, Greece and others, no wonder no one trusts a Moody
rating. Lets see if S&P is a better service.

It is sad that so many believe the road to wealth is paved with debt.
They will only find poverty at the end of that road.

As though China's agency is that important - a country that
artificially lowers the value of the Yuan. It's ok for them to have a
weak currency, but when the US dollar devalues, the world ends,
according to morons like you.

In any case, thanks to the wackos for the manufactured debt ceiling
crisis - the nutcases "win" by damaging the US economy and destroying
jobs. Good show!


The GOP congressional leaders said just that, that they would do
anything to help prevent Obama's re-election, and that included further
damaging the US economy.

Washington only listens to Wall Street and it could care less about an
"America." We have hedge funds gaining global monopoly on basic
commodities.
We have every other nation, on earth looking out for their best
interest, except the one's falling apart like Greece and us.
China has always been playing economics with global strategic advantage
as the Marxist goal.
Share the wealth or really share the poverty, instability and struggle
with all those places that never went anywhere except with our handouts.
China would still be a third world beggar if not for Kissinger and Nixon
and Globalists.
We shared or gave our wealth now we are sharing their poverty
insecurity, creeping socialism or communism, reduced or eliminated
American Dream for our kids.
Thank a Globalist merchant or Banker.


You just can't admit China with all of its civic, provincial and federal
combined debt of $1.55 trillion and $2.6 trillion in foreign assets to
offset it balance sheet in the green, is just a better economically
managed country.

Who you have to thank is Bernanke and the fleabaggers who signed away
America's future to more debt. Now DC can't even pay real money for its
debts, as Bernanke has to counterfeit it or the US treasuries will not
be bought.

You should see what the Russian and Chinese papers say about America's
delinquent debtors and the ponzi fraud scheme.

Fact is, too much debt, corruption, incompetence and bailouts. While US
was bailing out GM, China was building the worlds largest power
generating dam and have something to show for it.

I'm not interested in how efficient China is. The trains ran on time
when Lenin ran Russia too.
Our wealth has fled because we had no choice. American production and
jobs was bought out. Washington aided and abetted the elimination of
American production and jobs for benefit the globalists' economy.
I'm not interested in the success of anyone other than Americans and
America first. China and everyone else has been looking out for themselves.
Washington has not been looking out fro America. It has been the global
economy since Carter.
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