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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (249561)5/24/2010 9:16:19 AM
From: DebtBombRead Replies (3) | Respond to of 306849
 
Yep....join the club. Glad I made my trip to Europe last year. ;-)
Ho ho ho....we have the world reserve currency though.
Print, Print, Print....
If we devalue....and reduce our debt/GDP ratio maybe we can keep our AAA rating? And not have to worry about the high interest payments on our debt then?
Whoa....
I smell devaluation. ;-O



To: Jim McMannis who wrote (249561)5/24/2010 10:46:58 AM
From: Skeeter BugRead Replies (1) | Respond to of 306849
 
JIm, here is how the last decade plus has gone down...

1. citizens pay taxes to controlled central government.

2. special interests loot tax payer funds so basically nothing is left.

3. government takes on debt in order to provide services since tax money has been looted away.

4. citizens responsible for debt plus compounding interest - collected primarily by the special interests.

that system is not sustainable and is in the process of blowing up leading to a different *POWER* structure where, most likely, the private special interests just take over government.

----------------------------------------

"For more than a century, ideological extremists at either end of the political spectrum have seized upon well-publicized incidents to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as "internationalists" and of conspiring with others around the world to build a more integrated global political and economic structure - one world, if you will. If that's the charge, I stand guilty, and I am proud of it."

(aka, the end of national sovereignty and authoritarian, unelected government of oligarchs / bankers by oligarchs / bankers - the very people who caused this mess in the first place! remember, rockefeller said competition is sin and now he is out to eliminate any and all competition to his elite status)

quotes.liberty-tree.ca

ampedstatus.com