China downgrades US debt
 

On Wed, 03 Aug 2011 23:11:59 -0600, Canuck57
wrote:

On 03/08/2011 7:18 PM, I am Tosk wrote:
On 8/3/2011 8:35 PM, Canuck57 wrote:
On 03/08/2011 2:58 PM, 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.

Agreed. Welfare and unemployment get rolled into workfare as an example.

Pffffttt. my neighbor has been collecting for nearly two years.. maybe
longer I don't know.

Bet he votes fleabagger. Part of the problem. Too many fleabagger
voters and not enough taxpayers with a vote.

No need to bet that both of you are morons.

China downgrades US debt
 

On Wed, 03 Aug 2011 23:18:31 -0600, Canuck57
wrote:

On 03/08/2011 8:20 PM, wf3h 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:

inflation is running at about 3%. IOW canuck doesnt know what he's
talking about

First, no one believes the governments own bull**** numbers.

An interesting chart suggests gold tracks debt, debt limit and inflation....

http://www.telegraph.co.uk/finance/p...-year-end.html

If you use a government inflation calc, it does not take long to see
their numbers are pure bull****.

The very debt incurred causes the depression.

Maybe you should buy some gold from Beck. Oh wait, you don't have any
money.

China downgrades US debt
 

On 03/08/2011 6:35 PM, LilAbner wrote:
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.

DC just wants more debt. Debt has a cost. Like most things government
in America (and Canada) they do little to make business economically
viable. Thus they get less business, less taxes, less jobs.

I think we are on a similar page. But until DC corruption stops, it is
only a rid down the rabbit hole.

Global economy is here to stay. And protectionism never works. Here is
why.

If I work, I make 20 units of wages. 1/2 goes to government one way or
another, income, employment, property, fuel or some tax.

Now with the 10 units I have to spend, I can buy 10 units, say 1 for a
car, but oh wait, it is GM union priced at 3 units. I can't afford that
so I don't buy one at all. As I need 6 units for the mortgage, 2 to
eat, and 2 for other.

Less consumption and higher cost are all that come out of protectionism.
An less consumption just means even fewer jobs.

Government has done nothing in the last 4 years to make USA a good
environment to invest in, just bailouts, debt, bamboozling, finger
pointing and bull****. So this dip will be like 1932....another more
severe wake up call.

And real recovery starts with firing Bernanke and downsizing government
that the people can no longer afford to support.
--
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.

China downgrades US debt
 

On Thu, 04 Aug 2011 11:39:33 -0600, Canuck57
wrote:

On 03/08/2011 6:35 PM, LilAbner wrote:
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.

DC just wants more debt. Debt has a cost. Like most things government
in America (and Canada) they do little to make business economically
viable. Thus they get less business, less taxes, less jobs.

I think we are on a similar page. But until DC corruption stops, it is
only a rid down the rabbit hole.

Global economy is here to stay. And protectionism never works. Here is
why.

If I work, I make 20 units of wages. 1/2 goes to government one way or
another, income, employment, property, fuel or some tax.

Now with the 10 units I have to spend, I can buy 10 units, say 1 for a
car, but oh wait, it is GM union priced at 3 units. I can't afford that
so I don't buy one at all. As I need 6 units for the mortgage, 2 to
eat, and 2 for other.

Less consumption and higher cost are all that come out of protectionism.
An less consumption just means even fewer jobs.

Government has done nothing in the last 4 years to make USA a good
environment to invest in, just bailouts, debt, bamboozling, finger
pointing and bull****. So this dip will be like 1932....another more
severe wake up call.

And real recovery starts with firing Bernanke and downsizing government
that the people can no longer afford to support.

You want more stupid, but I don't think that's possible. You have all
you can get.

China downgrades US debt
 

On 03/08/2011 11:46 PM, wrote:
On Wed, 03 Aug 2011 23:18:31 -0600,
wrote:

On 03/08/2011 8:20 PM, wf3h 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:

inflation is running at about 3%. IOW canuck doesnt know what he's
talking about

First, no one believes the governments own bull**** numbers.

An interesting chart suggests gold tracks debt, debt limit and inflation....

http://www.telegraph.co.uk/finance/p...-year-end.html

If you use a government inflation calc, it does not take long to see
their numbers are pure bull****.

The very debt incurred causes the depression.

Maybe you should buy some gold from Beck. Oh wait, you don't have any
money.

Already have lots of precious metals. Over weight in them actually.
Doing OK compared to most as I am 50% in cash and the rest is oil,
precious metals and the like. Just waiting for a bottom in a month or
so and get more stocks check from panicking liberal losers.

Gold was up at new hihs again today before a light pullback. Sure beats
owning Obama bull**** and DC debt.
--
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.

China downgrades US debt
 

On Thu, 04 Aug 2011 12:14:59 -0600, Canuck57
wrote:

On 03/08/2011 11:46 PM, wrote:
On Wed, 03 Aug 2011 23:18:31 -0600,
wrote:

On 03/08/2011 8:20 PM, wf3h 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:

inflation is running at about 3%. IOW canuck doesnt know what he's
talking about

First, no one believes the governments own bull**** numbers.

An interesting chart suggests gold tracks debt, debt limit and inflation....

http://www.telegraph.co.uk/finance/p...-year-end.html

If you use a government inflation calc, it does not take long to see
their numbers are pure bull****.

The very debt incurred causes the depression.

Maybe you should buy some gold from Beck. Oh wait, you don't have any
money.

Already have lots of precious metals. Over weight in them actually.
Doing OK compared to most as I am 50% in cash and the rest is oil,
precious metals and the like. Just waiting for a bottom in a month or
so and get more stocks check from panicking liberal losers.

Gold was up at new hihs again today before a light pullback. Sure beats
owning Obama bull**** and DC debt.

Bull. The only precious metals you have are in your mouth unless
you've pulled your teeth by now to pay for cheap beer.

China downgrades US debt
 

On Wed, 03 Aug 2011 23:18:31 -0600, Canuck57
wrote:

On 03/08/2011 8:20 PM, wf3h 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:

inflation is running at about 3%. IOW canuck doesnt know what he's
talking about

First, no one believes the governments own bull**** numbers.

so you have all the evidence that you're right except when you dont

gotcha

An interesting chart suggests gold tracks debt, debt limit and inflation....

http://www.telegraph.co.uk/finance/p...-year-end.html

If you use a government inflation calc, it does not take long to see
their numbers are pure bull****.

gee the article doesnt mention inflation at all. in fact, inflation is
the result of high demand

how's demand doing right now? we at full employment after the
teabaggers nearly destroyed the US

you keep showing you know zip about economics


The very debt incurred causes the depression.

China downgrades US debt
 

On 05/08/2011 2:08 PM, wf3h wrote:
On Wed, 03 Aug 2011 23:18:31 -0600,
wrote:

On 03/08/2011 8:20 PM, wf3h 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:

inflation is running at about 3%. IOW canuck doesnt know what he's
talking about

First, no one believes the governments own bull**** numbers.

so you have all the evidence that you're right except when you dont

gotcha

An interesting chart suggests gold tracks debt, debt limit and inflation....

http://www.telegraph.co.uk/finance/p...-year-end.html

If you use a government inflation calc, it does not take long to see
their numbers are pure bull****.

gee the article doesnt mention inflation at all. in fact, inflation is
the result of high demand

how's demand doing right now? we at full employment after the
teabaggers nearly destroyed the US

you keep showing you know zip about economics


The very debt incurred causes the depression.

Inflation is more complex. Inflation has two inputs, currency dilution
and availability of currency.

If people don't have currency, and they don't, then pricing resistance
keeps prices down but inflation pressures can still build a problem.

However business costs of the product rise, reducing margins and they
cut employees to get the costs down as much as possible. They even cut
profits and gross margins. Trouble is this employs people and pays less
taxes. If it gets bad enough, businesses fail and even employ more
people and no one pays taxes.

Just what is happening in the USA right now.

Inflation on averages has only one source, creation of no-value money
and Bernanke likes to sex the counterfeiting up to Quantitative Easing.
It is none the less dilutive to the currency and assures inflationary
pressures.

So keep up the fraud you ponzi fraud delinquent debtors blinded by your
own greed, Berbanke and the debtors are destroying your economy for the
GREED of debt.

It is why I own gold, oil and view USDs as a massively depreciating
asset in the next few years.

--
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.

China downgrades US debt
 

On Fri, 05 Aug 2011 17:37:20 -0600, Canuck57
wrote:

On 05/08/2011 2:08 PM, wf3h wrote:
On Wed, 03 Aug 2011 23:18:31 -0600,
wrote:

On 03/08/2011 8:20 PM, wf3h 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:

inflation is running at about 3%. IOW canuck doesnt know what he's
talking about

First, no one believes the governments own bull**** numbers.

so you have all the evidence that you're right except when you dont

gotcha

An interesting chart suggests gold tracks debt, debt limit and inflation....

http://www.telegraph.co.uk/finance/p...-year-end.html

If you use a government inflation calc, it does not take long to see
their numbers are pure bull****.

gee the article doesnt mention inflation at all. in fact, inflation is
the result of high demand

how's demand doing right now? we at full employment after the
teabaggers nearly destroyed the US

you keep showing you know zip about economics


The very debt incurred causes the depression.

Inflation is more complex. Inflation has two inputs, currency dilution
and availability of currency.

If people don't have currency, and they don't, then pricing resistance
keeps prices down but inflation pressures can still build a problem.

However business costs of the product rise, reducing margins and they
cut employees to get the costs down as much as possible. They even cut
profits and gross margins. Trouble is this employs people and pays less
taxes. If it gets bad enough, businesses fail and even employ more
people and no one pays taxes.

Just what is happening in the USA right now.

Inflation on averages has only one source, creation of no-value money
and Bernanke likes to sex the counterfeiting up to Quantitative Easing.
It is none the less dilutive to the currency and assures inflationary
pressures.

So keep up the fraud you ponzi fraud delinquent debtors blinded by your
own greed, Berbanke and the debtors are destroying your economy for the
GREED of debt.

It is why I own gold, oil and view USDs as a massively depreciating
asset in the next few years.

Yeah, that's why inflation is at a historic low. Feel free to eat your
gold filling, because that's the only "gold" you own (assuming you've
paid the dentist).

China downgrades US debt
 

On 05/08/2011 6:12 PM, wrote:
On Fri, 05 Aug 2011 17:37:20 -0600,
wrote:

On 05/08/2011 2:08 PM, wf3h wrote:
On Wed, 03 Aug 2011 23:18:31 -0600,
wrote:

On 03/08/2011 8:20 PM, wf3h 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:

inflation is running at about 3%. IOW canuck doesnt know what he's
talking about

First, no one believes the governments own bull**** numbers.

so you have all the evidence that you're right except when you dont

gotcha

An interesting chart suggests gold tracks debt, debt limit and inflation....

http://www.telegraph.co.uk/finance/p...-year-end.html

If you use a government inflation calc, it does not take long to see
their numbers are pure bull****.

gee the article doesnt mention inflation at all. in fact, inflation is
the result of high demand

how's demand doing right now? we at full employment after the
teabaggers nearly destroyed the US

you keep showing you know zip about economics


The very debt incurred causes the depression.

Inflation is more complex. Inflation has two inputs, currency dilution
and availability of currency.

If people don't have currency, and they don't, then pricing resistance
keeps prices down but inflation pressures can still build a problem.

However business costs of the product rise, reducing margins and they
cut employees to get the costs down as much as possible. They even cut
profits and gross margins. Trouble is this employs people and pays less
taxes. If it gets bad enough, businesses fail and even employ more
people and no one pays taxes.

Just what is happening in the USA right now.

Inflation on averages has only one source, creation of no-value money
and Bernanke likes to sex the counterfeiting up to Quantitative Easing.
It is none the less dilutive to the currency and assures inflationary
pressures.

So keep up the fraud you ponzi fraud delinquent debtors blinded by your
own greed, Berbanke and the debtors are destroying your economy for the
GREED of debt.

It is why I own gold, oil and view USDs as a massively depreciating
asset in the next few years.

Yeah, that's why inflation is at a historic low. Feel free to eat your
gold filling, because that's the only "gold" you own (assuming you've
paid the dentist).

I knew it was over your head. But perhaps value to someone with a
higher IQ. Gold will go past $2000/USD inside of 12 months.

--
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.