Posts Tagged ‘economy’

World Economic Collapse Explained in 3 Minutes…lolll

Posted on 2010 06, 04 by duo

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Links Related to Economic Warfare, Currency Devaluation and Worldwide Economic Default

Posted on 2010 02, 16 by duo

Gerald Celente says It’s Beginning: Financial War is the First Stage of Global War

http://bit.ly/d0lCew

Foreign demand for US Treasury securities falls by record amount as China reduces holdings

http://bit.ly/d0NDfU

Pentagon preps for economic warfare

http://bit.ly/153Mz

The Truth Behind China’s Currency Peg

http://bit.ly/8jCRC5

Marc Faber Says that the United States AND Europe Are Destined for Default

http://bit.ly/9R1qIb

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America Rising Part 2- A Call for the Republican Party to Join!

Posted on 2010 02, 09 by rockingjude

The Government Bubble Heads for a Blow-Off Top

Posted on 2010 01, 20 by duo

By Tom Mullen

I have a friend that tends to express his ideas about everything in the jargon of a securities trader. Of course, this is probably because he has been a very successful trader, both in bull and bear markets, for many years. “Every trend in history, even liberty, can be charted like a stock,” he has often observed. I tend to agree.

The Market Crash of 2008 Was Merely a Warm-up for What is to Come

Posted on 2009 11, 06 by duo

“A trillion here, a trillion there, pretty soon it adds up to real money.”

Posted on 2009 09, 23 by duo
Economy of American Samoa
Image via Wikipedia

By Vincent Gioia

It used to be that a billion dollars was a lot of money. Senator Everett Dirksen, a senator back in the age of reason once said “A billion here, a billion there, pretty soon it adds up to real money.” I wonder what the good senator would say now.

We have gone well beyond the idea that a billion dollars is “real money.” Today as we approach the age of socialism real money is measured in trillions of dollars. Of course socialists don’t talk about trillions of dollars; like in everything else they do, success is achieved by “incrementalism” (my word). Incrementalism, when it comes to money, is the Dirksen idea about real money except socialists no longer think in terms of millions, that’s chump change by government standards; no, congress and the president (including the president-elect) talk of the need to spend merely billions of dollars at a time but simpletons like me can add the billions and billions and come up with trillions of dollars the government wants to hand out.

It used to be, before the age of reason expired, that government spending was more or less in line with government income. Since most people paid taxes back then, the idea of raising their taxes was not popular. Today however when not all people pay taxes, the idea of raising taxes sounds pretty good to a large number of voters, citizens or not, because they are on the receiving end of government handouts. Actual working folks who pay most taxes to the government are in the voting minority so it becomes easier to get a majority of voters to be indifferent to increasing taxes or actually proponents of tax increases – that’s how it is in the dawning of the age of socialism.

Tribute to the Porcelain God: This economy should be making you sick

Posted on 2009 08, 28 by duo

By The Ans

throwup

Ralphing up Dollars.

Lunch (revisited).

Upchucking for fun and profit.

Regurgitating Godot.

Tossing up dimes.

Losing dinner.

Why the subject line?

We are riding on the thinnest of the razor’s edge. One false move and over we go. Wheeee!!!

The 07/08 patch was a warning, we need to change our ways but yet, we don’t. The next patch won’t be so … tame.

Most sense it but can’t put their finger on it, others are well aware but spin their wheels chasing this or that nostrum on the net and finally just get acrimonious. This constant state of upset usually includes some gastronomical event(s).

Hence the tag line.

Me, I’m mildly amused.

Hey, we got our tickets punched, might as well watch the show. Besides that I liked lunch so I prefer to keep it. It never tastes as good the second time anyway.

Rewind America

Posted on 2009 07, 09 by rockingjude

Democrats: Are they beginning to panic?

The Really Big Show in Washington

Democrats are running the show in Washington these days, and it seems that everybody in the country is very unhappy with the show’s performance so far. Notice how some of the leaders are starting to unravel, and beginning to throw out little panic statements: Vice President Joe Biden admits they misread the economy, which indirectly is an admission they did the wrong things to help the economy. As unemployment worsened, they admit that only about 10% of their spending solution has been applied, and now are in a panic to get more of the spending out. So, a porker of a stimulus package is going to put on steroids and doled out faster, and that’s supposed to be the solution. What are they going to do, they wanted the states to spend the money as quickly as possible, but the states are in such bad shape financially, all they seem to be doing is baling water to save themselves. It’s not clear the states are in a position to even spend more money. You know the old saw, ‘it takes money to make money’ in this case it takes money to spend money; so are the states in a position to even spend the stimulus money. A good portion of the porker-stimulus was for social mandates and programs, feel-good projects and make-do jobs, so it is quite clear to me, the Congressional dole-out was not going to do the job anyway.

Subprime Banking Mess 2007

Posted on 2009 06, 26 by rockingjude

How did these comedians know back then????…;)


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