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17th November 2009, 06:41 PM
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#1 (permalink) |
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Hall of Famer
Join Date: Nov 2004
Posts: 4,487
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Yes, the sky is falling....
No kidding. The light at the end of the tunnel is a train.
Dollar Will be "Utterly Destroyed": Strategist - General * Asia * News * Story - CNBC.com YouTube - CNBC - Dollar Will be Utterly Destroyed, Global Currency, New World Order If you are not taking the economy, debt, spending, the crashing USD and the rush to commodities seriously, you are dead. Unfortunately, even if you do... you might still be dead. |
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17th November 2009, 06:46 PM
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#2 (permalink) |
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Super Star
Join Date: Dec 2005
Posts: 601
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Re: Yes, the sky is falling....
They're advertising the New World Order in the headlines... That's amazing...
__________________
As long as you still experience the stars as something above you, you still lack a viewpoint of knowledge. - Friedrich Nietzsche |
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17th November 2009, 06:49 PM
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#3 (permalink) |
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Super Star
Join Date: Jan 2005
Posts: 897
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Re: Yes, the sky is falling....
I completely agree with this. The US Govt is intentionally destroying the dollar.
This will result in a new "emergency" (although planned) Obama can exploit to force people to rely more on the Govt. No one can be so economically stupid on accident as this administration. |
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17th November 2009, 06:51 PM
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#4 (permalink) |
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Super Star
Join Date: Jan 2005
Posts: 897
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Re: Yes, the sky is falling....
I'm a 9-12'r and proud of it. I hope more folks get out and actually take action. Talking about it will not change government. Contact your elected officials, go to their offices and let them know; although you are not likely to vote for them anyway, you will do you best to get them fired if they continue these destructive policies.
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17th November 2009, 07:03 PM
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#6 (permalink) |
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Hall of Famer
Join Date: Jun 2005
Posts: 4,062
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Re: Yes, the sky is falling....
Started around the time we allowed folks to fly planes into our buildings in the name of conquering IRAQ.
Bush showed us that we are powerless against cost of living gouging that he not only applauded but supplied tax breaks to these gougers. Hopefully Sarah Palin the Queen of the Republicans chooses Carrie Prejean and they can run for office I MEAN make a porno movie together and fix this economy already!
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17th November 2009, 07:37 PM
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#10 (permalink) |
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Hall of Famer
Join Date: Nov 2004
Posts: 4,487
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Re: Yes, the sky is falling....
What matters is what one does now to prepare for the future.
Even if everything I do is of minimal consequence,... including raising alarms... I will persevere and expire fighting inevitability. |
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19th November 2009, 04:42 AM
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#13 (permalink) |
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Hall of Famer
Join Date: Nov 2004
Posts: 4,487
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Re: Yes, the sky is falling....
Cha-Ching! Total Debt Today = $12,039,319,107,488.80
Debt to the Penny (Daily History Search Application) |
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19th November 2009, 04:47 AM
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#14 (permalink) |
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Hall of Famer
Join Date: Nov 2004
Posts: 4,487
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Re: Yes, the sky is falling....
Obama warns on US public debt pile
By Edward Luce in Beijing and Krishna Guha in Washington Published: November 18 2009 13:35 | Last updated: November 18 2009 21:07 US President Barack Obama warned that the US economy could head into a “double-dip recession” unless urgent steps were taken to rein in mounting public debt. The US president’s remarks – in an interview with Fox News in Beijing on Wednesday, towards the end of his eight-day tour of Asia – marked his strongest language yet on the necessity of putting public finances back on a sound footing. “It is important though to recognise if we keep on adding to the debt, even in the midst of this recovery, that at some point, people could lose confidence in the US economy in a double-dip recession,” said Mr Obama. A 10.6 per cent plunge in housing starts in October – led by collapse in the apartment business – highlighted the dilemma facing him as he seeks to tackle the deficit without undermining a fragile economy. “It’s about as hard of a play as there is,” Mr Obama said, adding that his team was trying to set up a “pathway long term for deficit reduction” without pulling a lot of money out of the economy in the short term via tax rises or spending cuts. The mood in the US has already swung in favour of deficit reduction, with Republicans attacking Democrats’ plans for more spending to support jobs. Washington-based analysts said the president was probably trying to prepare public opinion for a tough budget in February – while leaving open some space for measures to reduce unemployment, now at 10.2 per cent. “I have no doubt that the White House is going to produce a tough budget,” said Maya MacGuineas, director of the Peterson-Pew commission on budget reform. “The question is whether they are going to spend political capital and push their budget in Congress.” The timing of Mr Obama’s remarks, which came at the end of his three-day trip to China, is likely to fuel speculation that his Chinese hosts delivered stern private warnings about the consequences of continuing high US budget deficits. China, the biggest foreign holder of US Treasury bonds, has become increasingly vocal in its fears on the value of its dollar assets. White House officials say the US fiscal situation had no impact on Obama’s interactions in Beijing, even though some observers presented his trip as that of a debtor visiting his banker. “He pulled no punches,” said Mike Froman, a senior national security adviser. A day earlier, White House budget chief Peter Orszag said the US had to bring down its deficit to about 3 per cent of gross domestic product within six years – a reduction of about one percentage point of GDP based on the administration’s current estimates. |
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29th November 2009, 01:39 PM
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#15 (permalink) |
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Hall of Famer
Join Date: Nov 2004
Posts: 4,487
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Re: Yes, the sky is falling....
Unemployment... spread like cancer: multimediafinal
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29th November 2009, 03:17 PM
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#16 (permalink) |
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Moderator
Join Date: Dec 2005
Posts: 5,807
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Re: Yes, the sky is falling....
Just watched this. Doesn't look good. YouTube - The Dollar Bubble
__________________
 Absolute Tan & Spa www.absolute.bz Arbonne International Vice President & Independent Consultant Pure, Safe & Beneficial Skin Care for Salons & Independent Consultants www.aia.myarbonne.com e-mail: arbonnekathe@msn.com |
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29th November 2009, 03:19 PM
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#17 (permalink) |
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Hall of Famer
Join Date: Jun 2005
Posts: 4,062
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Re: Yes, the sky is falling....
There it is! DOUBLE DIP RECESSION. When you bullshit about the end of a recession and you have nothing to show for it because everything is too dangerous for people to invest in besides the medical industry and snuggies.
Coming soon to put the rest of you out of business.
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29th November 2009, 03:39 PM
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#18 (permalink) |
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Moderator
Join Date: Dec 2005
Posts: 5,807
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Re: Yes, the sky is falling....
The stuff about food at the end of the video was pretty alarming. People in this country aren't going to like not being able to buy food.
__________________
Absolute Tan & Spa www.absolute.bz Arbonne International Vice President & Independent Consultant Pure, Safe & Beneficial Skin Care for Salons & Independent Consultants www.aia.myarbonne.com e-mail: arbonnekathe@msn.com |
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29th November 2009, 04:55 PM
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#20 (permalink) | |
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Hall of Famer
Join Date: Feb 2005
Posts: 2,971
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Re: Yes, the sky is falling....
Quote:
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