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China downgrades US debt
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. -- 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 Wed, 03 Aug 2011 09:07:14 -0600, Canuck57
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! |
China downgrades US debt
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. |
China downgrades US debt
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. -- 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 03/08/2011 12:47 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. Funny, Bernanke-democrat fleabaggerism hasn't worked since 2006 democraters got elected where unemployment started to grow. Now you want to do 4 more years of the same thing expecting different results? See Einstein's description of insanity. Good luck with fleabaggerism. You are going to need 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. |
China downgrades US debt
On Wed, 03 Aug 2011 16:05:12 -0400, 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. 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. |
China downgrades US debt
On Wed, 03 Aug 2011 14:17:41 -0600, Canuck57
wrote: On 03/08/2011 12:47 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. Funny, Bernanke-democrat fleabaggerism hasn't worked since 2006 democraters got elected where unemployment started to grow. Now you want to do 4 more years of the same thing expecting different results? See Einstein's description of insanity. Good luck with fleabaggerism. You are going to need it. Good luck with stupidity. You don't need it, but you got it! |
China downgrades US debt
On Wed, 03 Aug 2011 14:14:34 -0600, Canuck57
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. |
China downgrades US debt
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. |
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. |
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. |
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?? |
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. |
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. |
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. |
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? |
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. |
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. |
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. |
China downgrades US debt
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. -- 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 03/08/2011 3:32 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 forgot the other costs, bailouts, corruption, world warfare, US war machine, excessive government wages and perks and waste. Take social security skimming. Government hikes employment taxes to be approaching income taxes, then borrows it for 0% in a 5% inflation environment. So the moneys paid to SS will be 95% of current value in a year. A slimy way of skimming SS for government greed. And that is before i is picked over with government GA costs. In the end a good portion of SS paid is effectively and employment tax. If government gave a **** about what is fair with pensions, they would have the social security taxes deposited into a non-refundable IRA in your name, in your account and in your control. And if someone wanted gobs of pooled moneys, they would define to you a fair rate of return and none of this skimming bull****. And you would get statements with real money and not promises of future fraud. Fact is government is corrupt. -- 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 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. |
China downgrades US debt
On 8/3/11 9:18 PM, I am Tosk wrote:
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. Of course, you can't collect...you have to have worked to collect UC, and you don't work. -- 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. |
China downgrades US debt
On Wed, 03 Aug 2011 18:43:25 -0600, Canuck57
wrote: On 03/08/2011 3:32 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 forgot the other costs, bailouts, corruption, world warfare, US war machine, excessive government wages and perks and waste. Take social security skimming. Government hikes employment taxes to be approaching income taxes, then borrows it for 0% in a 5% inflation environment. So the moneys paid to SS will be 95% of current value in a year. A slimy way of skimming SS for government greed. And that is before i is picked over with government GA costs. In the end a good portion of SS paid is effectively and employment tax. If government gave a **** about what is fair with pensions, they would have the social security taxes deposited into a non-refundable IRA in your name, in your account and in your control. And if someone wanted gobs of pooled moneys, they would define to you a fair rate of return and none of this skimming bull****. And you would get statements with real money and not promises of future fraud. Fact is government is corrupt. So, instead of fixing all the "corruption, etc." you're happy to do without all the things I mentioned. Yes, you're a moron. |
China downgrades US debt
On Wed, 03 Aug 2011 18:35:44 -0600, 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. Agreed. You're a moron racist. |
China downgrades US debt
On Wed, 03 Aug 2011 09:07:14 -0600, Canuck57
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 |
China downgrades US debt
On Wed, 03 Aug 2011 22:20:05 -0400, wf3h wrote:
On Wed, 03 Aug 2011 09:07:14 -0600, Canuck57 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 Ah, but the world is ending next week, or is it next month... I told him to go into hiding and we'd tell him when it's safe to come out. |
China downgrades US debt
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. -- 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 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. -- 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 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. |
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