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Falling dollar.. Good or bad?


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Posted

and when the money is gone, and the bread and circus have run out, it will be most unfortunate that our economic divisions so closely mimic our racial ones, because this country will descend into a race war... our Final Civil War...

 

Well, if things are getting that bad we will see it comming. I agree with your assessment that LA will be the first to go and other towns will follow suit. I have land and assets that are not American so if things get that bad, I will take care of mine and dissapear.

 

 

I can see it happening if it gets as bad as your saying about a total disruption of paychecks and stuff but I do not see these sheep taking action for anything less than that kind of total breakdown of society and government.

 

 

 

And yes, Canada needs America strong to continue, we buy almost all of their exported oil for example and we even buy electricity for most of the north east corner of America from Canada. If we go, they go.

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Posted
You cannot have an uprising without a common belief structure. If people cannot agree with what is wrong, then they cannot gather together to fight that wrong.

 

That's why we have Democrats & Republicans.

 

It's easier to get 2 sides to fight over something they disagree on then to get them to fight something they can agree on.

 

Last time there was any unification was after the 9/11 attacks. Once people figured out the US used the attacks as a stepping stone to "LIBERATE", not fight terrorism, the division started all over again, and the sheeple comply.

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Guest Fullauto
Posted

UPDATE: 9/15/08 @ 1700hrs

+++++++++++++++++++++

 

Down Jones closes down 504 points after market selloff triggered by Lehman Bros chapter 11 suit, and Merryl Lynch selling itself to Bank of America!

 

Basically, The 3rd and 4th largest US investment firms collapsed...

 

I can only hope that a 1987 style collapse is next as frightened investors run for the Euro...

then after that, hopefully a complete collapse, and the death of the FED!

 

Money is dwindeling... Energy is getting scarce, and yes we have actually had food shortages!

things are looking good! or bad... depends on how you look at it...

Posted
I like Canada...you bunch of.......Canada haters. Why do y'all dislike us so much? Sheesh! :(

 

I'm teasing! I love Canada! It's just an extention of Alaska. ;)

"You can't stop insane people from doing insane things by passing insane laws. That's just insane!" Penn & Teller

 

NEVER FORGOTTEN

Posted
I like Canada...you bunch of.......Canada haters. Why do y'all dislike us so much? Sheesh! :(

 

 

I love Canadians, we have lots of them here in Florida escaping with what is left of their savings to avoid the taxes there. Canadians are like our family, I may not like everything they do but I would defend them like I would defend America.

Guest Fullauto
Posted
I like Canada...you bunch of.......Canada haters. Why do y'all dislike us so much? Sheesh! :(

 

I love Canada! I just hink that they like believing that they are not linked to the US... Canada is US and US is Canada... We should really just learn to accept that...

 

Canada is like a US Superstate... ;)

Guest Fullauto
Posted
Am I REALLY the only person on this forum that thinks the US is doomed to fight another civil war?
Posted
If it came down to a civil war I would think other countries would take advantage of the situation and attack us.

"You can't stop insane people from doing insane things by passing insane laws. That's just insane!" Penn & Teller

 

NEVER FORGOTTEN

Guest Fullauto
Posted
I'm sure the UN would do little... but Nato might actually have a bunch to say about it..
Posted

Like it or not, we are in a world economy and any large Country going down will throw everyone into a mess from one degree to another. Our stock market dropping had severe effects all over the world.

 

We are importing massive amounts of goods that we no longer produce. That depresses our economy but it props up other economies. Once that flow is suddenly stopped, well it will not be pretty.

 

 

Maybe that is the end of the world predicted in the Bible. Maybe we will all collapse and the last world war will be set off and all the nukes will finally be unleashed causing the destruction of man.

Posted

Looks like the fed is gonna bail out AIG on the side somehow.. Gotta keep it on the down low though, ya know.. real capitalists like China might not like it.. so don't say anything..

 

Lord knows there should be no risk when YOUR WHOLE FUKKING INDUSTRY IS BASED ON RISK!

 

 

Dumbass billionaires..

Posted

Funny.. saw what bender said in the shout box about privatizing SS with people's money to these crook buddies of crook politicians..

 

 

That's what a pyramid/ponzii scheme needs to survive.. a constant infusion of new capital.. eventually the cookie crumbles no matter what.. There may be a bigger sucker born every minute, but eventually the biggest sucker is left holding the bag..

Guest Fullauto
Posted
Funny.. saw what bender said in the shout box about privatizing SS with people's money to these crook buddies of crook politicians..

 

 

That's what a pyramid/ponzii scheme needs to survive.. a constant infusion of new capital.. eventually the cookie crumbles no matter what.. There may be a bigger sucker born every minute, but eventually the biggest sucker is left holding the bag..

 

 

ROFLMAO ! ! !

 

You referenced Ponzii! ! ! :p

Posted
Looks like the fed is gonna bail out AIG on the side somehow.. Gotta keep it on the down low though, ya know.. real capitalists like China might not like it.. so don't say anything..

 

Lord knows there should be no risk when YOUR WHOLE FUKKING INDUSTRY IS BASED ON RISK!

 

 

Dumbass billionaires..

Not so dumb. They're being bailed out at your expense.:rolleyes:
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Posted
Not so dumb. They're being bailed out at your expense.:rolleyes:

 

I have to spread some rep around before I can give you some more.

 

Fukken aye.

 

Exactly... we're bailing them out, the taxpayers, not the Federal.

 

I hope AIG doesn't stand for Allah is Great.

To be the Man, you've got to beat the Man. - Ric Flair

 

Everybody knows I'm known for dropping science.

Posted
YOUR WHOLE FUKKING INDUSTRY IS BASED ON RISK!

 

Such is life, wez. Such is life.

 

You're at risk every second of the day, though most of us shrug it off and go about our merry business.

 

Calamities happen, accidents happen, sh!t happens; life is a gamble and risk is rolling the dice.

To be the Man, you've got to beat the Man. - Ric Flair

 

Everybody knows I'm known for dropping science.

Guest Fullauto
Posted
I have to spread some rep around before I can give you some more.

 

Fukken aye.

 

Exactly... we're bailing them out, the taxpayers, not the Federal.

 

I hope AIG doesn't stand for Allah is Great.

 

 

We are dumping 83 billion dollars into the already devalued US market by giveing them a loan against money we don't have! I can hear the dollar value tumbling as I type this...;)

Posted

I am now quite certain that Nancy Pelosi is either completely delusional, in complete denial, or thinks that the American people are downright stupid...

 

Pelosi: Dems bear no responsibility for economic crisis

By Klaus Marre

Posted: 09/16/08 04:14 PM [ET]

 

House Speaker Nancy Pelosi, when asked Tuesday whether Democrats bear some of the responsibility regarding the current crisis on Wall Street, had a one-word answer: “No.”

 

Pelosi (D-Calif.) ripped President Bush’s “mismanagement” of the economy and a lack of regulation that led to the current situation.

 

“I think the American people have had it with this situation where the middle-income people in our country are not protected from the ramifications of the risk-taking and the greed of these financial institutions,” Pelosi told MSNBC.

 

When asked whether the Democrats “deserve some responsibility” regarding the economic crisis, Pelosi responded: “No.”

“John McCain said that this is a result of overregulation by the Democrats in Congress,” she added. “Either he doesn’t know what he's talking about or he’s misrepresenting the facts as he knows them. But it’s simply not true.”

 

Republicans responded quickly, pointing out that a Congress led by Democrats had not helped the economy.

 

“The Pelosi-Obama Congress has failed to pass an all-of-the-above energy plan, failed to stop earmarks, and failed to break the partisan gridlock that plagues Washington,” RNC spokesman Alex Conant said. “If Pelosi thinks the Democratic Congress is doing a good job handling the economy now, then just imagine how bad our economy would be if Democrats controlled the White House, too.”

 

TheHill.com

Posted
I am now quite certain that Nancy Pelosi is either completely delusional, in complete denial, or thinks that the American people are downright stupid...

 

 

 

TheHill.com

I'll go with choice number three. It was a difficult decision because there are elements of the first two included. Guess it was more like an "all of the above" choice.
Guest Fullauto
Posted
I predict that soon there will be a 'bank holiday' to keep people from running thier accounts dry..

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