American Capitalism Gone With a Whimper

[TruthBringer]

American Capitalism Gone With a Whimper



Mat Rodina

May 18, 2009



It must be said, that like the breaking of a great dam, the American decent into Marxism is happening with breath taking speed, against the back drop of a passive, hapless sheeple, excuse me dear reader, I meant people.



America at best will resemble the Wiemar Republic and at worst Zimbabwe.



True, the situation has been well prepared on and off for the past century, especially the past twenty years. The initial testing grounds was conducted upon our Holy Russia and a bloody test it was. But we Russians would not just roll over and give up our freedoms and our souls, no matter how much money Wall Street poured into the fists of the Marxists.

Those lessons were taken and used to properly prepare the American populace for the surrender of their freedoms and souls, to the whims of their elites and betters.

First, the population was dumbed down through a politicized and substandard education system based on pop culture, rather then the classics. Americans know more about their favorite tv dramas then the drama in DC that directly affects their lives. They care more for their “right” to choke down a McDonalds burger or a BurgerKing burger than for their constitutional rights. Then they turn around and lecture us about our rights and about our “democracy”. Pride blindth the foolish.

Then their faith in God was destroyed, until their churches, all tens of thousands of different “branches and denominations” were for the most part little more then Sunday circuses and their televangelists and top protestant mega preachers were more then happy to sell out their souls and flocks to be on the “winning” side of one pseudo Marxist politician or another. Their flocks may complain, but when explained that they would be on the “winning” side, their flocks were ever so quick to reject Christ in hopes for earthly power. Even our Holy Orthodox churches are scandalously liberalized in America.

The final collapse has come with the election of Barrack Obama. His speed in the past three months has been truly impressive. His spending and money printing has been a record setting, not just in America’s short history but in the world. If this keeps up for more then another year, and there is no sign that it will not, America at best will resemble the Wiemar Republic and at worst Zimbabwe.

These past two weeks have been the most breath taking of all. First came the announcement of a planned redesign of the American Byzantine tax system, by the very thieves who used it to bankroll their thefts, loses and swindles of hundreds of billions of dollars. These make our Russian oligarchs look little more then ordinary street thugs, in comparison. Yes, the Americans have beat our own thieves in the shear volumes. Should we congratulate them?

These men, of course, are not an elected panel but made up of appointees picked from the very financial oligarchs and their henchmen who are now gorging themselves on trillions of American dollars, in one bailout after another. They are also usurping the rights, duties and powers of the American congress (parliament). Again, congress has put up little more then a whimper to their masters.

Then came Barrack Obama’s command that GM’s (General Motor) president step down from leadership of his company. That is correct, dear reader, in the land of “pure” free markets, the American president now has the power, the self given power, to fire CEOs and we can assume other employees of private companies, at will. Come hither, go dither, the centurion commands his minions.

So it should be no surprise, that the American president has followed this up with a “bold” move of declaring that he and another group of unelected, chosen stooges will now redesign the entire automotive industry and will even be the guarantee of automobile policies. I am sure that if given the chance, they would happily try and redesign it for the whole of the world, too. Prime Minister Putin, less then two months ago, warned Obama and UK’s Blair, not to follow the path to Marxism, it only leads to disaster. Apparently, even though we suffered 70 years of this Western sponsored horror show, we know nothing, as foolish, drunken Russians, so let our “wise” Anglo-Saxon fools find out the folly of their own pride.

Again, the American public has taken this with barely a whimper…but a “freeman” whimper.

So, should it be any surprise to discover that the Democratically controlled Congress of America is working on passing a new regulation that would give the American Treasury department the power to set “fair” maximum salaries, evaluate performance and control how private companies give out pay raises and bonuses? Senator Barney Franks, a social pervert basking in his homosexuality (of course, amongst the modern, enlightened American societal norm, as well as that of the general West, homosexuality is not only not a looked down upon life choice, but is often praised as a virtue) and his Marxist enlightenment, has led this effort. He stresses that this only affects companies that receive government monies, but it is retroactive and taken to a logical extreme, this would include any company or industry that has ever received a tax break or incentive.

The Russian owners of American companies and industries should look thoughtfully at this and the option of closing their facilities down and fleeing the land of the Red as fast as possible. In other words, divest while there is still value left.

The proud American will go down into his slavery with out a fight, beating his chest and proclaiming to the world, how free he really is. The world will only snicker.

Mat Rodina: American Capitalism Gone With a Whimper

[spot]

Yessss! Power to the People!

[TruthBringer]

America has been trapped for over two centuries, with today’s debt level way exceeding developing nations. Like bankrupt people staying “afloat by making the minimum payment(s) on (their) credit card(s), the government (avoids) bankruptcy by paying just the interest on its monster debt” - now double in size since just a few years ago and onerous enough for Controller of the Currency David Walker to warn earlier of its unaffordability by this year.

America can’t service the amount, it’s officially bankrupt and the economy will collapse. If it happens, IMF austerity will follow and turn America into Guatemala. Other vulnerable economies as well - permanent debt bondage and worker serfdom.

Catherine Austin Fitts was a former high-level Wall Street and government insider. She points to a “financial coup d’etat” conspiracy between the two to hollow out America, centralize power and knowledge, shift wealth to the top, destroy communities and local infrastructure, create new wealth by rebuilding them, and leave human wreckage in its wake.

She also calls today’s crisis “a criminal leveraged buyout of America (meaning) buying (the) country for cheap with its own money and then jacking up the rents and fees to steal the rest.” She calls it the “American Tapeworm” model:

It’s “to simply finance the federal deficit through warfare, currency exports, Treasury and federal credit borrowing and cutbacks in domestic ‘discretionary’ spending…This will then place local municipalities and local leadership in a highly vulnerable position - one that will allow them to be persuaded with bogus but high-minded sounding arguments to further cut resources. Then to ‘preserve bond ratings and the rights of creditors,’ our leaders can be persuaded to sell our water, national resources and infrastructure assets at significant discounts of their true value to global investors” - masquerading as a plan to “save America by recapitalizing it on a sound financial footing.”

In fact, it’s to loot the country by shifting wealth offshore and to the top. Also, to destroy the country’s middle class, consign US workers to serfdom, then meet expected civil disobedience with military force.

Today, the rich are getting richer while millions of Americans struggle daily to get by and live perilously from paycheck to paycheck, a mere one away from insolvent disaster.

Given where we’re heading, Warren Buffett warns that America is changing from an “ownership society” to a “sharecroppers’ ” one, no different than feudal serfdom. Economist Paul Krugman calls it “debt peonage,” much like the post-Civil War South that forced debtors to work for their creditors.

Make no mistake, it’s a corporate America scheme for a plentiful reserve army of labor no better off than in developing countries - at low wages, no benefits, weak unions if any, and government engineering the whole scheme. Even personal bankruptcy protection eroded under the Bankruptcy Abuse Prevention and Consumer Protection of 2005 - benefitting lenders at the expense of borrowers by keeping them chained to their debts.

It requires many more people “to file under Chapter 13, which does not eliminate debts but mandates that they be repaid under a court-ordered payment schedule over a three to five year period.” Homes, in some cases, may be seized and even owe a “deficiency, or balance due” if its sales price doesn’t cover it. This Act “eroded the protection the government once provided against (various) unexpected catastrophes (like job loss and high medical expenses) ensuring that working people (henceforth) are kept on a treadmill of personal debt.”

Even worse are loopholes in the law letting “very wealthy people and corporations….go bankrupt….and shield(ing) their assets from creditors…” This bill was written at the behest of credit card companies that entrap consumers in debt, charge usurious interest, and demand repayment no matter what besets them. In one respect, debt bondage is worse than slavery. As property, slaves had to be cared for. Debt slaves have to fend for themselves and pay tribute (interest) to their captors.

[mikeinie]

Wow, a little extreme don’t you think.

The global economy, which was supposed to be perfect, as all but fully collapsed.

How come whenever a different approach is taken in America there are always a group of people who think it is the end of the world or something?

Was FDR not considered a great president and seen as the man who lead America out of the Great Depression that the extreme capitalists threw the country into back then? So if the ‘New Deal’ worked then, why can’t a new approach work now? What has worked so well thus far to make it so worthwhile hanging on to?

[spot]

TruthBringer;1191038 wrote: America can’t service the amount, it’s officially bankrupt


Would you like to justify that claim quantitatively? I think it's quite evidently false.

[TruthBringer]

mikeinie;1191039 wrote: Wow, a little extreme don’t you think.

The global economy, which was supposed to be perfect, as all but fully collapsed.

How come whenever a different approach is taken in America there are always a group of people who think it is the end of the world or something?

Was FDR not considered a great president and seen as the man who lead America out of the Great Depression that the extreme capitalists threw the country into back then? So if the ‘New Deal’ worked then, why can’t a new approach work now? What has worked so well thus far to make it so worthwhile hanging on to?


In 2004, household home ownership rates were “touted” to be nearly 69%. In fact, only 40% of homes are debt-free, but that percentage fell given the amount of refinancing in recent years. As a result, “most mortgages on single-family properties today are less than four years old” meaning they’re many years away from free and clear ownership.

“The touted increase in home ownership actually means an increase in debt (and) Households today owe more relative to their disposable income than ever before,” although in recent months they’ve been repaying it and saving more.

Earlier, and still now, low “teaser rates” entrapped households in onerous debt, fueling the housing bubble as another Federal Reserve/lender ploy to pump “accounting-entry money into the economy,” set it up for trouble, then let financial predators exploit it for profit. The same strategies for Third World countries are playing out in America with too few people the wiser.

The 19th century “Homestead Laws that gave settlers their own plot of land (cost and debt free) have been largely eroded by 150 years of the ‘business cycle,’ in which bankers have periodically raised interest rates and called in loans, creating successive waves of defaults and foreclosures” - worst of all for subprime and other risky mortgage holders defaulting in record numbers with millions still ahead in what’s playing out as the nation’s worst ever housing crisis showing no signs of ending.

[TruthBringer]

spot;1191045 wrote: Would you like to justify that claim quantitatively? I think it's quite evidently false.


It looms in the form of inflation and deflation given the enormity of newly created money at the same time borrowers can’t repay loans that then default. When that happens, “the money supply contracts and deflation and depression result.”

When the housing market corrected between 1989 - 1991, “median home prices dropped by 17%, and 3.6 million mortgages” defaulted. The equivalent 2005 decline “would have produced 20 million defaults, because the average equity-to-debt ratio….had dropped dramatically” - from 37% in 1990 to 14% in 2005, a record low as a result of equity extracted refinancings.

“What would 20 million defaults do to the money supply?” Two trillion dollars would evaporate or about one-fifth of M3. The fallout would cause huge stock and home value declines, income taxes needing to be tripled, Social Security, Medicare and Medicaid benefits halved, and pensions and comfortable retirements gone for the vast majority of workers. And that’s assuming a modest housing price decline when it’s already far more severe and continuing, giving pause to the virtually certain calamity ahead and devastation for the millions affected.

Policy changes in 1979 - 1981 laid the groundwork for today’s crisis by “flooding the housing market with even more new money,” and much more. They let Fannie and Freddie speculate in derivatives and mortgage-backed securities and by so doing assume enormous risk.

In June 2002, writer Richard Freeman warned of the impending dangers in an article titled: “Fannie and Freddie Were Lenders - US Real Estate Bubble Nears Its End.” He cited the largest housing bubble in history made all the greater by Fannie and Freddie manipulation and stated: ….”what started out as a simple home mortgage has been transmogrified into something one would expect to find at a Las Vegas gambling casino. Yet the housing bubble now depends on (highly speculative derivatives as new) sources of funds,” made all the riskier through leverage.

In 2003, Freddie was caught cooking its books to make its financial health look sound. In 2004, Fannie did the same thing. Meanwhile, housing peaked in 2006, then steadily imploded, bringing the economy down with it.

[spot]

TruthBringer;1191048 wrote: It looms in the form of inflation and deflation given the enormity of newly created money at the same time borrowers can’t repay loans that then default. When that happens, “the money supply contracts and deflation and depression result.”

When the housing market corrected between 1989 - 1991, “median home prices dropped by 17%, and 3.6 million mortgages” defaulted. The equivalent 2005 decline “would have produced 20 million defaults, because the average equity-to-debt ratio….had dropped dramatically” - from 37% in 1990 to 14% in 2005, a record low as a result of equity extracted refinancings.

“What would 20 million defaults do to the money supply?” Two trillion dollars would evaporate or about one-fifth of M3. The fallout would cause huge stock and home value declines, income taxes needing to be tripled, Social Security, Medicare and Medicaid benefits halved, and pensions and comfortable retirements gone for the vast majority of workers. And that’s assuming a modest housing price decline when it’s already far more severe and continuing, giving pause to the virtually certain calamity ahead and devastation for the millions affected.

Policy changes in 1979 - 1981 laid the groundwork for today’s crisis by “flooding the housing market with even more new money,” and much more. They let Fannie and Freddie speculate in derivatives and mortgage-backed securities and by so doing assume enormous risk.

In June 2002, writer Richard Freeman warned of the impending dangers in an article titled: “Fannie and Freddie Were Lenders - US Real Estate Bubble Nears Its End.” He cited the largest housing bubble in history made all the greater by Fannie and Freddie manipulation and stated: ….”what started out as a simple home mortgage has been transmogrified into something one would expect to find at a Las Vegas gambling casino. Yet the housing bubble now depends on (highly speculative derivatives as new) sources of funds,” made all the riskier through leverage.

In 2003, Freddie was caught cooking its books to make its financial health look sound. In 2004, Fannie did the same thing. Meanwhile, housing peaked in 2006, then steadily imploded, bringing the economy down with it.But what you actually wrote is that America is officially bankrupt. I'd like justification for that because it's not true.

[TruthBringer]

spot;1191052 wrote: But what you actually wrote is that America is officially bankrupt. I'd like justification for that because it's not true.


The lessons americans will face will try their very souls. America is in such a sad state, yet most Americans do not know the truth of it. America is bankrupted, All of the trust funds are empty looted,the pension fund is looted, The country has resorted to buffoonish plots to steal the private pension funds of Americans by means of all manner of financial instruments.

Today America prints the dollar so extensively that if things don't change then the dollar is soon going to be the penny yes thats right not able to rob America, they are now planning to loot the dollar itself.

America is bankrupt it must soon give up the SS pension and medicare.

How many Americans realize the US military budget is greater than that of the rest of the world combined? This doesn't include our "off-budget" expenditures in the Iraqi and Afghan theaters, which surpass the combined military budgets of Russia and China. For the first time, the bill for the "defense" of the United States – a task left to the Department of Homeland Security, not the Defense Department – exceeds $1 trillion. And that's just what's public: the secret "black budget" costs are unknown.

We've financed it all with deficit spending, and the powers that be have simply set the printing presses of the Federal Reserve on overdrive, creating a huge bubble that's about to pop.

[spot]

Nothing could please me more, to be honest. Something sometime has to stop the Empire raping the rest of the world, if this is what it takes then let it crash.

[TruthBringer]

spot;1191060 wrote: Nothing could please me more, to be honest. Something sometime has to stop the Empire raping the rest of the world, if this is what it takes then let it crash.


Not only has America fallen behind by failing to modernize its capital assets and losing its technological edge, it has also corrupted its own currency. By exponentially expanding credit, the Federal Reserve is weighing down future generations with an unprecedented albatross of debt. The sheer weight is crushing the vitality out of the American economy, as military development crowds other investments out of the market. The dollar is no longer the currency of choice: the Euro has taken its place. All that has to happen is for the Saudis and other oil-producers to demand Euros instead of dollars, and we're sunk.

[TruthBringer]

What is likely to stop the rise of the American empire dead in its tracks isn't a sudden upsurge in the antiwar movement, the election of a rational President, and/or a sudden radical reversal by the policymaking elite after more than half a century of folly – it's bankruptcy that will do it, long before any of these possibilities have a chance to take shape.

Not that this is anything to anticipate with glee: it means social and political disruption on a scale we have scarcely experienced before in this country, perhaps even a revolution. It surely means the end of our republican form of government, and the institution of something less free, less secure, less faithful to the teachings and traditions of the Founders. It almost certainly means the end of constitutional government in America, and the beginning of our long, slow decline – or, perhaps, a more dramatic, meteoric descent than anyone now imagines.

[spot]

TruthBringer;1191064 wrote: Not that this is anything to anticipate with glee: it means social and political disruption on a scale we have scarcely experienced before in this country, perhaps even a revolution. It surely means the end of our republican form of government, and the institution of something less free, less secure, less faithful to the teachings and traditions of the Founders. It almost certainly means the end of constitutional government in America, and the beginning of our long, slow decline – or, perhaps, a more dramatic, meteoric descent than anyone now imagines.


In what way does this differ from the punishment of the guilty?

[mikeinie]

And as you love conspiracy theories, if what you say is true, then what would rebuild a stronger currency and stronger economy than an open and free market with a single currency between USA, Mexico and Canada? Yes, I now see where all of this is heading….

[frugalgrannie]

:yh_flag

[spot]

If there's one thing I can't stand it's misplaced patriotism blinkering people to reality.

[frugalgrannie]

:yh_flag

Peace n Love

[spot]

frugalgrannie;1191686 wrote: :yh_flag

Peace n Love


You can't reach out to people if you have a gun in your hand, grannie. I'd have thought that was blindingly obvious.

[frugalgrannie]

Sorry, no gun here....

:-4





:)

[spot]

frugalgrannie;1191714 wrote:

Sorry, no gun here....

:-4





:)


It's the difficulty of conveying "you" over a forum, grannie. It's either you singular or you plural and you have to work it out from the context. The thread's about American Capitalism Gone With a Whimper and progressed to the desirability of such an outcome.

Personal pacifism is meaningless when your - that's singular - armed forces are out there indiscriminately killing defenceless people, the way they've done for generations. What else is going to stop them? Voting Democrat and holding the occasional rally? It's been tried, it failed. Bankrupt the system, it's the only remaining option. The first step is to stop waving that bloodstained flag.

[frugalgrannie]

I,singularly, hear you.

Point taken.

[spot]

valentine;1191756 wrote: Frug, you are far better person that I am. :-4


She dealt with that a lot better than most round here, I agree.

[frugalgrannie]

Me, too. Val. 100%

.... But a few thoughts before I exit....

In the past, you, plural, looked to the U.S.A. for help when you, plural, were unable to help yourselves from people like Hiltler.... You,plural, liked us then.... innocent people always get hurt in war.... hello, it's 'war'..... unevitable, that's why people usually flee from a war zone....

With an attitude like that, maybe we should have left Berlin to the communist and pulled out of the Cold War early so they could've expanded through out Europe.

Who ya gonna call next time if we fail?

[But, it's a what ever, Val.]

I, singulary, won't stay on this thread to ruin your bashing party.

Don't call us, we'll call you.

Enjoy!

:yh_flag

Long May She Wave!

[kazalala]

valentine;1191801 wrote: I might as well make a fool of myself in my first couple weeks. This makes me sick. I would never, ever dream of wishing harm to you and yours in such a way. I wish andyou, yours and ALL of the folks on this board nothing but goodness, because that is how I was raised. I read this **** and I want to just shut off the computer and go weave something.

The "crash", last Friday an Indian gentleman in my brother's plant, who spent over 20 years here building a life for his family working for GM lost his job. He will not be called back. He was so destraught that he began throwing things and screaming and had to be removed from the plant. Ya know, he wasn't even born here, but he made it his home and he got it too. My family has been in the auto industry since it's inception, my Grandpa apprenticed under Henry Ford. I live in the rust belt, there is no more rust because there are no more jobs. And they are not coming back. I heard on the radio two days ago that Americans are losing their homes at a rate of one every 8 seconds. Those are REAL people there spot, real people. Losing everything. And you wanna see it crash. How nice for you, I hope is makes you happy. Still, I wish that you, yours and anyone here will have it happen.

We will survive, different, but we'll be here. Me I am poor, came from a public housing project in Detroit, working since I was 10, never stopped, almost lost everything I own in a few years ago, but I'm still here. I just hit the wall sooner that most. Lost my measly retirement, $535,000 gone, never coming back. I will never retire, I'll be baling hay till I cannot walk, then I will die. But I'm still here.



Bless Ya Frug. Bless Ya.

My Grandpa was one of those. He VOLUNTEERED to go to France in WWI and was f**king gased, mortor shelled, oh holy cripes, he wouldn't talk about it. But he was glad he went, he again volunteered for #2, but they wouldn't take him cause he was too old. For people he didn't know, never met, and never would see again. Because he wanted to HELP. I hope to heck he cannot see the gratitude history has laid at his feet.

I'm proud of my Grandpa, my Uncle Pat who was a medivac pilot in Nam (you are very intelligent spot, I bet you know the life expectancy of that job), my Dad who volunteered for Korea. It is who we are.

The internet sometimes makes me wonder about so many things. Mostly, whatever happened to kindness, not kicking someone/thing when it's down, not being rude to others, charity of spirit, etc.

There, I did it again. Made an ass of myself.

Now I'll decide if I want to stay on this board or just go weave and shovel cowshit. It's better than reading this ****.


sadly its not just the internet ,,, its in the real world too.. but good people do exist in both worlds:) Just pick your companions;):)

[Carolly]

valentine;1191801 wrote: I might as well make a fool of myself in my first couple weeks. This makes me sick. I would never, ever dream of wishing harm to you and yours in such a way. I wish andyou, yours and ALL of the folks on this board nothing but goodness, because that is how I was raised. I read this **** and I want to just shut off the computer and go weave something.

The "crash", last Friday an Indian gentleman in my brother's plant, who spent over 20 years here building a life for his family working for GM lost his job. He will not be called back. He was so destraught that he began throwing things and screaming and had to be removed from the plant. Ya know, he wasn't even born here, but he made it his home and he got it too. My family has been in the auto industry since it's inception, my Grandpa apprenticed under Henry Ford. I live in the rust belt, there is no more rust because there are no more jobs. And they are not coming back. I heard on the radio two days ago that Americans are losing their homes at a rate of one every 8 seconds. Those are REAL people there spot, real people. Losing everything. And you wanna see it crash. How nice for you, I hope is makes you happy. Still, I wish that you, yours and anyone here will have it happen.

We will survive, different, but we'll be here. Me I am poor, came from a public housing project in Detroit, working since I was 10, never stopped, almost lost everything I own in a few years ago, but I'm still here. I just hit the wall sooner that most. Lost my measly retirement, $535,000 gone, never coming back. I will never retire, I'll be baling hay till I cannot walk, then I will die. But I'm still here.



Bless Ya Frug. Bless Ya.

My Grandpa was one of those. He VOLUNTEERED to go to France in WWI and was f**king gased, mortor shelled, oh holy cripes, he wouldn't talk about it. But he was glad he went, he again volunteered for #2, but they wouldn't take him cause he was too old. For people he didn't know, never met, and never would see again. Because he wanted to HELP. I hope to heck he cannot see the gratitude history has laid at his feet.

I'm proud of my Grandpa, my Uncle Pat who was a medivac pilot in Nam (you are very intelligent spot, I bet you know the life expectancy of that job), my Dad who volunteered for Korea. It is who we are.

The internet sometimes makes me wonder about so many things. Mostly, whatever happened to kindness, not kicking someone/thing when it's down, not being rude to others, charity of spirit, etc.

There, I did it again. Made an ass of myself.

Now I'll decide if I want to stay on this board or just go weave and shovel cowshit. It's better than reading this ****.


Valentine sometimes we have to move off Threads that may upset us for different reasons .....same as when we walk away in the RW when we feel a situation is upsetting us to much,Theres many Threads here that you and your Friend would have so much fun on...as you know;)...I have walked in your shoes Val and I know what your feeling but sometimes we dont read the words we so want to as we all are different....dont go.... stay....you have friends here already you know that happen to think yer an ok bird;):-4

[Peg]

There, I did it again. Made an ass of myself.

Now I'll decide if I want to stay on this board or just go weave and shovel cowshit. It's better than reading this ****.
YOU did not make an ass of yourself. I'm hoping you won't leave because of one person's opinion.

[Carolly]

valentine;1191933 wrote: I apologize to everyone, I did what I do when I read this stuff, I type out what I think then delete it. Being a dipshit, I think I hit send by mistake, I was mortified to see this here.

I apologize to everyone.



Frug, I'm sorry, you know I'll always be a total internet flop.



I love ya and your Mom from England and your Pa from the rust belt.



And all the nice FBers who wrote me over this, I'm am sorry.

****, I need to learn to use a friggin computer better.

Spot, I do not apologize for loving my country, for better or worse. I will till the day I die. It is my home. I also love the places my family came from: Poland, Sweden, France and Ireland. Oh and a bit of Scotland. They too, are part of who we are.

I imagine you love yours the same way.

Like Frug, I'm off the thread.

Back to your regularly scheduled posts...Oh Valentine theres no need for you to say sorry....if your so passionate on some issues and you know you will upset yourself trying to put that across either harden up or like me.....keep away from those Threads.I never go on some Animal Threads as I cant handle the title of some never mind anything else.Ive come to know you quite well I feel in the l short time you have been here and feel you have alot to offer this Forum.....you stay put so I can tell you about the new Pink Tele I bought today for me bedroom;):D:-4

[Kathy Ellen]

Hello Frug and Valentine:-4



Please do me a favor and ignore threads like this. Look at TruthBringer's homepage and see who he is. IMO, Spot has always hated our country and our citizens. I feel sorry for anyone who has those feelings. I don't hate anyone from different countries here and don't show them disrespect.



There are so many lovely people in FG and so many lovely threads to post in. No one should have to put up with the s*it in this thread from people who dislike us. It's not worth it. They're pot stirrers and love to incite people.



Don't apologize for anything you've said in this thread as you've said nothing wrong. We love our country and are blessed to live here.



Don't let small things deter you from posting...just chose your threads to post in. Don't sweat the small stuff;)

[qsducks]

Peg;1191937 wrote: YOU did not make an ass of yourself. I'm hoping you won't leave because of one person's opinion.


Dont' leave Valentine just because some peeps disagree with you. I for one am also proud to be American and if some peeps don't like it...tough shyte!! I'm here on the FG not my heritage as an American but for who I am. Take it or leave it.

[flopstock]

Definitely worth staying around kids. You'll find enlightenment from all manner of unexpected sources in these garden threads..



for instance... I didn't know what a wanker was, until I started reading some of the stuff here..

[frugalgrannie]

Good evening!

[I posted a reply but I can't see it here.

Maybe I forgot to hit the submit button.

Forgive me if I'm repeating myself.]

Just want to make sure you know how much I appreciated your time to post your lovely messages.

Got home a little bit ago and just now read my emails.

I should know better than to even go by those political threads.

Won't go there anymore.

Thanks for the heads up.

Looking forward to having a good time with everyone in the Forum Garden!

Have a GREAT Day!



:-4

[Carolly]

valentine;1192077 wrote:

Thank you Kaz, very, very wise words.



Thank you Carol, I :-4 you too



Thank you Peg, I'm not leaving, I was venting, I had thought privately. So I did kinda make an ass of myself by posting a rant that was not suppose to be posted. Heck, if I knew it was gonna show up I'd have proofread it a bit first :-5



Like Frug, I will stay away from threads that have titles that feel "off".



Hello Kathy Ellen, and thank you You are right, there are many nice folks here, and is the right thing to do to be kind and respectful to everyone. If you find someone you don't click with, it's best to give them a wide berth. I know better than to read stuff like this... I do.

And thank you for the heads up on the OP. I did what you said, point taken Thank you.



Very well put Ducky, wish I had done it that well I like you!!! For who you are.



Thank you flopstock! I learned what a shag was not long ago, but whatsa wanker??? :wah:



Thank you all. :-4



Hey Frug, I wonder if we tanked this thread? You know my reputation as a thread killer, I've stopped them cold many times... :yh_rotfl:yh_rotflHavent I taught you that posh word yet:-3 well its someone......no better not say here....I will PM you but glad Flops is also teaching you classy words:wah:.....welcome to the "real world" babe;):D

[TruthBringer]

mikeinie;1191078 wrote: And as you love conspiracy theories, if what you say is true, then what would rebuild a stronger currency and stronger economy than an open and free market with a single currency between USA, Mexico and Canada? Yes, I now see where all of this is heading….


In November 2006, financial expert and investor safety advocate Martin Weiss called the derivatives crisis:

“a global Vesuvius that could erupt at almost any time, instantly throwing the world’s financial markets into turmoil….bankrupting major banks….sinking big-name insurance companies….scrambling the investments of hedge funds (and) overturning the portfolios of millions of average investors.”

Gary Novak’s web site explains the derivatives crisis as follows: the banking system gridlocked because “pretended assets are fake and fake assets” consumed real ones. Deregulation, beginning in the 1980s, caused the problem. Once eliminated, “funny money became the order of the day (in the form) of very complex vehicles (called) derivatives, which were often made intentionally obscure and confusing.” Even financial experts don’t understand them, and that was the whole idea - to sell junk to the unsuspecting, profit hugely as a result, and let buyers handle the problems.

It was a Ponzi scheme disappearing money “down the derivatives hole.” Holders are now stuck with “pretend” values. They can’t sell and no one will buy. A global liquidity shortage resulted. “The very thing derivatives were designed to create - market liquidity - has been frozen to immobility in a gridlocked game.” Ironically, derivatives are sold as insurance “against something catastrophic going wrong.” The solution is now the problem writ large.

Something gone wrong makes counterparties (on the other side of the bet) “liable to fold their cards,” take losses, “and drop out of the game.”

In May 2005, early signs of a crisis emerged after GM and Ford debt was downgraded to junk. Dire warnings followed of “a derivatives crisis ‘orders of magnitude beyond LTCM” in 1998. To head it off, the Fed and other central banks covertly flooded the market with liquidity by no longer reporting M3 - “the main staple of money supply management and transparent disclosure for the last half-century, the figure on which the world has relied in determining the soundness of the dollar.”

Even worse is that the government isn’t doing it interest and inflation-free. The private Federal Reserve and banks are creating a massive amount of government debt, debasing the currency, and risking a future hyperinflation even though none is around today. When the Fed buys government bonds with newly issued money, they stay in circulation, “become the basis for generating many times their value in new loans; and the result is highly inflationary.”

Catherine Austin Fitts describes an Orwellian (pump and dump) scheme letting “the powers that be steal money by manipulation (then) keep this thing going, but in a way that leads to a highly totalitarian government and economy - corporate feudalism” with workers as serfs. Another observer said: “The only way government can function and maintain control in an economically collapsed state is through a military dictatorship,” where it looks like we’re heading with police state laws enacted to handle expected civil disobedience disruptions once people realized they’ve been had.