*:::: HURRAY for the1much!!!!! You just explained the ENTIRE problem with our financial system, the inflation rate, and the current economic crisis in one fell-swoop!!!!!! TAKE A BOW!!!!:woot:thumbsup
* Found this site, nice, neat and easy to understand-- if I get the link in right-- called, "The Grandfather Economic Report" by one Michael Hodges. http://mwhodges.home.att.net/nat-debt/debt-nat.htm
* And, that's what they'd do, probably. Eventually. Either by tucking us up under the coattails of the EU or the UN or the World Bank or a combination thereof. . . Like I said to start with-- The question is just who did we sell ourselves in bondage to??? :|
* Granted. This has all been coming since they took us of the gold standard back in the day and numerous other bad decisions since. . . .But, what do we do to get started stopping the bleeding NOW??-- or, do we just let the default jaggernaut roll on and take all of us and the country, (and a...
* O.k., Here's a few specifics; We've hemorraging from multiple open arteries (and honestly, what we send to other countries as aid is a drop in the bucket!!) and we need to start tourniques to stem the flood. Our import list is one place to start. Imagine it's YOUR KID'S VERY LARGE CREDIT CARD...
*Here's a list of some stuff we import (on credit)-- uh, in 2 parts, since I time-out so durn fast. . . #1) CRUDE OIL, 7O% of all our supplies, from OPEC nations (Saudia Arabia, et al) #2) AG PRODUCTS: Organic/Inorganic Chemicals, Fertilizers & Animal Feeds, #3) ELECTRONICS: Computers, Telecom...
* Our government has been playing the same game as the banks for YEARS, folks. That National Debt number is the only REAL number there is. THAT'S how much we, as a NATION, OWE-- How much CREDIT we have been extended from other countries. The only question left is WHO holds the majority of our...
* You're missing it-- It ain't MONEY that makes the world go 'round anymore. . . It's CREDIT. Nearly every corporation lives on it and does business on it. They buy their inventories, pay their employees and their invoices with it. . . SO DOES OUR GOVERNMENT. THE 7OO BIL BAILOUT ALSO A...
* You're missing it-- It ain't MONEY that makes the world go 'round anymore. . . It's CREDIT. Nearly every corporation lives on it and does business on it. They buy their inventories, pay their employees and their invoices with it. . . SO DOES OUR GOVERNMENT. THE 7OO BIL BAILOUT ALSO A...
* They won't give it to us-- They BLAME us!!!! They pushed credit/ interest/development markets to the max, and when we couldn't/wouldn't pay any more, they ran out of money to pay their gambling debts which THEY were playing with credit dollars borrowed for OTHER banks. For every dollar we paid...
*Yeeaaah, um-- The Dems blamed the Reps and the Reps blamed the Dems and from the vote count *I* saw, the INDEPENDENTTS nearly ALL voted No, and they are keeping their mouths shut tight-- OR the brainless ninnies in the media haven't yet thought to talk to any of them. . . . Ed: AND, HOW COME...