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Author Topic: I see an economic diasater coming...  (Read 1453718 times)

sparks

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Re: I see an economic diasater coming...
« Reply #660 on: September 03, 2010, 11:14:53 AM »
  I was in a bank   (I like talking to the people that work there as opposed to dealing with a machine) and witnessed an economic disaster a spoiled brat and his escort were experiencing.  The young man was on the phone to what I could make out was his father.  His account was empty and he was in need of funds to do whatever he needed to do.  He was trying to coerce his father into depositing funds into his account.  The father from what I could make out was the administrator of a trust fund set up by grandpa for the benefit of his dna projections into the future.  Daddy couldnt transfer any money to sonnys account because A. The trust had dried up.  B.  The old man emptied the trust account a long time ago.  Well the kid is making a huge scene using 4 letter words and the ho he was with is just floating around the bank so you can tell she was pretty well acquainted with Sonny's way of supporting himself.  The kid storms out of the place and jumps into his minny hummer with the usual display of footpedal power exiting the banklot.  What job is that kid going to be able to perform.  I have no idea what percentage of the wealthy are taking a tumble but the above problem is because for some reason we feel our descendants will get a boost in life from our accrued wealth.   Grandpa would have done better service to his offspring by changing his wealth into dollar bills and burning them in front of Daddy so that daddy woudl get off his ass and do something besides being a consumer.  This is not a typical sceanario in America.  Most Americans work 50 hours a week not including the time travelling to and from work preparing to go to work repairing and maintaining the car that takes them to work and maybe getting a little time on a Sunday to do what they are into.  Most of the time this is to sleep in a little because your so damned tired out from the rest of the week and spend some time with family and friends on a Sunday afternoon.  Monday looms and its back to the grind. 

triffid

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Re: I see an economic diasater coming...
« Reply #661 on: September 03, 2010, 02:28:54 PM »
By kid I assume a young 20 something?My dad always taught us by example.There was no family business but my dad held down jobs in his early years that he got laid off from.After about age 30 he didn't hold those jobs anymore.He got tired of being laid off(about 4 times).I learned from him.That I had to work for myself.No one was going to give me money.As a result I worked in jobs that I had to quit.I never got laid off.I did get fired twice but survived anyway.The bills still came in even if I was fired.The landlord still expected his rent.Etc.I learned to go back to work anyway.The people I owed money to still had faith in me even if my faith in me had been temporally shaken.triffid

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #662 on: September 03, 2010, 08:41:17 PM »
I found this website on chemistry.Its a forum actually.This thread may not be the right one for it but I wanted to leave a link here somewhere. http://sciencemadness.org/talk/
Riiiiiight!!!!  Now you're talking my language.  I did rocket fuel research on launch vehicles for decades until I switched to jets and naval architecture(ship engineering) to extend my mental interests further.

I do suppose there are conspiracy sites on the 'Web devoted to explosives handling and manufacture, but that's a really, (really!) dangerous thing to get into.  On the other hand, there are survival uses for this information.  But, whoever does this:  BE. CAREFUL.

On topic:
http://www.foxnews.com/opinion/2010/09/03/john-lott-economy-unemployment-milton-friedman-depression-paul-krugman-newt/

http://www.nytimes.com/2010/06/18/opinion/18krugman.html?_r=2&hp

http://www.foxnews.com/opinion/2010/09/03/john-lott-economy-unemployment-milton-friedman-depression-paul-krugman-newt/

I say even if the government does anything, it won't help.  To wit:  The national debt load---including the potential $1,000,000,000,000 in "credit default 'swaps'  "---cannot be paid off unless we all lived to be 10,000 yrs old, or more.

--Lee
« Last Edit: September 03, 2010, 10:05:07 PM by the_big_m_in_ok »

X00013

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Re: I see an economic diasater coming...
« Reply #663 on: September 04, 2010, 06:31:42 AM »
http://www.youtube.com/watch?v=eAaQNACwaLw

grow your seeds, and hold arms.

X00013

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Re: I see an economic diasater coming...
« Reply #664 on: September 04, 2010, 07:11:33 AM »

X00013

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Re: I see an economic diasater coming...
« Reply #665 on: September 04, 2010, 07:18:58 AM »
Thank Earth some people still remember what America stands for http://www.youtube.com/watch?v=O4UUJdckLwU

sparks

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Re: I see an economic diasater coming...
« Reply #666 on: September 04, 2010, 05:29:41 PM »
     A free mind is a very powerful mind.  It threatens those that seek to imprison the mind.  A free mind can find its way to different states of awareness.  When you become aware if you have the balls to you will sacrafice the comfort of being led to having to lead.  Taking responsiblity for your life and not having to lay it at the door of others to make your life happen for you.  It is a subtle war of wills that has been waged since man ate from the tree of knowlege.  The gardener "nature"  has this competition going for reality to be a product of competition and discourse over crumbs it steals from the lifeforce.   The serpent was used by ancient mindfuckers because of the natural response of humans to dangerous poisonous snakes that cohabited trees with primeval man.  A monkey sees a poisonous snake in a tree it communicates it to his family and friends so they dont get dead.    They used images like the snake and a lush garden to conjure up some sort of guilt trip for the masses/  Dumb down folks.  Dont want to be like Adam and Eve and think for yourselves.  Do as the bilbe says to do.  Do what God wants you to and that is above everything else is stay mindless.  Run around like an animal just doing animal things because the God of Nature is the one and eternal god.  Maybe round here in the world of the unaware this God of the garden of Eden reigns.  This God who cares little about your mind and entraps your spirit in this form.  Would I settle for eternal life being an animal.  A mindless extension of a physical process whose only purpose is to perpectuate the games for the gardeners entertainment.  Fuck no.  Thanks gardener but no thanks. 

the_big_m_in_ok

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Re: I see an economic disaster coming...
« Reply #667 on: September 05, 2010, 02:00:18 AM »
@sparks
With respect to your Reply #669,

David Icke, the conspiracy author, says about the same thing you did; he just adds a personal God to the mix.  Several other things along that line, too.  On the other hand, I actually do agree with the premise of your post.

http://en.wikipedia.org/wiki/David_Icke

More on topic:
http://finance.yahoo.com/family-home/article/110581/5-doomsday-scenarios-for-the-us-economy
http://finance.yahoo.com/real-estate/article/109747/the-housing-market-recession-is-not-over?mod=realestate-buy

---Lee
« Last Edit: September 05, 2010, 03:36:29 AM by the_big_m_in_ok »

triffid

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Re: I see an economic diasater coming...
« Reply #668 on: September 05, 2010, 03:52:33 PM »
Heres a website that talks about taking care of your tools.Something thats always useful to know.http://www.thisoldhouse.com/toh/article/0,,1552611,00.html?xid=yahoo-answers&partner=yes

triffid

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Re: I see an economic diasater coming...
« Reply #669 on: September 05, 2010, 03:54:33 PM »

triffid

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Re: I see an economic diasater coming...
« Reply #670 on: September 05, 2010, 03:59:25 PM »
More about the USA money system.http://www.andygause.com/

triffid

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Re: I see an economic diasater coming...
« Reply #671 on: September 05, 2010, 04:11:10 PM »

sparks

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Re: I see an economic diasater coming...
« Reply #672 on: September 05, 2010, 07:44:47 PM »
   If I go to a federal reserve bank and give them a bunch of federal reserve notes I can purchase a us treasruy note.  This tbill is a form of money that is created by taxation of the countries citizens.  The treasury department is obliged to payout in federal reserve notes upon surrender of the tbill.  Since the federal reserve notes can be exchanged for tbills it is obviously a shell game where you have to try to figure out which shell has anything of value associated with it.  The federal reserve puts its paper promissary notes into circulation by purchasing treasury notes.  They are loosing interest in buying treasury notes because the American people now owe way more to the federal reserve than it can possibly make in 3 or 4 lifetimes never mind the interest the federal reserve system charges for doing nothing besides investing in the ability of the federal government to wrest wealth from its citizens.  So instead they are all about seizing assets now.  We need to have the elected officials print an exchange currency based directly on the GNp  You can let the federal reserve print all the debt notes it wants.  The new currency will be excluded from the purchase of investment instruments.  It will be strictly seperated from glorified  chips that our currency now consists of.  You want to buy a home to live in fine.  You want to buy a home and turn around and sell it for more then go play the bankers game.  You work hard and save your real money and show the ability to purchase a better home or a boat or something then you are free to do so with real money.  Not government issued  chips.

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #673 on: September 06, 2010, 11:54:36 PM »
   If I go to a federal reserve bank and give them a bunch of federal reserve notes I can purchase a us treasruy note.  This tbill is a form of money that is created by taxation of the countries citizens.  The treasury department is obliged to payout in federal reserve notes upon surrender of the tbill. ...
Okay, yeah, but that stops---and all other economic activity as well---when a run on the Federal Reserve and commercial banks ensues before the economy collapses, yes?
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  Since the federal reserve notes can be exchanged for tbills it is obviously a shell game where you have to try to figure out which shell has anything of value associated with it.  The federal reserve puts its paper promissary notes into circulation by purchasing treasury notes.
That would cause uncontrollable inflation, eventually, wouldn't it?
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So instead they are all about seizing assets now.
It's been like that for some time now.
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We need to have the elected officials print an exchange currency based directly on the GNp
The COLA (Cost of Living Allowance) for SSI/SSDI/Soc. Security was considered in the past to have been tied to the national inflation rate, but that provision was shelved awhile ago.  People might have been able to live inside their means, then, as now, if they did?

--Lee

sparks

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Re: I see an economic diasater coming...
« Reply #674 on: September 07, 2010, 12:55:07 AM »
   The purchase of Tbills by the federal reserve is a futures purchase.  Their main assets besides the physical assets is tbills.  These are promissary notes that state that the taxpayers of the United States will repay in goods and services and any other pursuit of happiness the feds can put their greedy lazy fucking hands on to the owner of the note.  So this privatized corporation for the services rendered own you me our children and there children and there children.  What service does the Federal Reserve provide besides run a check clearing house that is totally being obsoleted by electronic payment processing. What do these people do to allow them to enslave us and not only enslave us but for generations to come.  They even turn a profit at being a clearinghouse.  Woodrow Wilson was a tool a puppet.   Who imposed the income tax and established the Federal Reserve all in one administration.  What followed right after this.  Wars stockmarket crashes inflation more wars more recessions more inflation.  Your right an economic disaster is coming for the federal govenment.  People will be forced to go underground more and more and more.  The federal government wont have anybody left to tax because on paper no one will be working.  There recourse will be to issue more tbills to the federal reserve in exchange for currency drops.  Everyone knows that these bills are getting worthless so if the federal government wants to stay in tact it better just welch on the tbills.  This makes the Federal Reserve Insolvent and it goes away.  Start printing money directly tied to the GNP.  The GNP to citizen ratio drops pull that much money out of circulation.  The GNP increases add that much money into circulation.  These are trade instruments not debt notes.  Use seashells like the indiians did anything but green paper with pictures of politicians on it.  If they dont what is going to happen is the US is going to blow up.  And when the dust settles the corporations will move in and rebuild one nation under the net profit and loss statement.  Why was it necessary to dump trillions of dollars into the banking system because the stockmarket crashed.  It was necessary because ever since 911 the federal govenment was transferring into defense contractors hands huge amounts of taxpayers futures.  This money was not being put back into circulation in the United States.  It didnt trickle down it gushed out.  The stockholders of the defense contractors are not really interested in how poor the United States gets it is more interested in how fast will their economy bust.