This forum is in permanent archive mode. Our new active community can be found here.

American National Debt Crisis

16781012

Comments

  • We will if we keep going like we have been.
    So will the EU. Surprise, this is a global problem.
    I'm not denying that. That's why I initially specified moving to a nation out of the Eurozone. If the Euro collapses, the pound will be in shit shape, but it'll still have value. Anyway, at least most EU nations still have politics that actually make a difference. The US might as well not even have two parties anymore. There's one limp-dicked majority with severe multiple personality disorder, and a bunch of unelectable fringe elements ranging from batshit crazy anarchists to loony bin Evangelical libertarians who think that God created the dollar, the atom bomb, and apple pie the day before last.

    I've been pretty fucking sick of the news and most everything as of late, but it's just becoming too much for me to bear.
    Dude... Britain is on fire!
  • A Tea Party spokeswoman actually had the gall to publically announce her group's opinion that the President "has no intent to restore the US to its AAA rating."

    Fuck these people. Fuck them, their idiocy, and their alternate reality. I hope their children are born sterile, and I hope they weep in desperation for the end of their line and the death of their malevolent values as they lay broken and destitute. A pox on them.
  • edited August 2011
    Dude... Britain is on fire!
    I knew the hooligans were waiting for the perfect time to strike!
    Post edited by Codger on
  • Fuck these people. Fuck them, their idiocy, and their alternate reality.
    This quote reminds me off that one quote about nerds and microcosms.
  • Obama Bans Gimmicks: Decit will raise
    Wonder if he would have done this if he knew what an annoying pest deficit hawks would turn out to be.
  • Dude... Britain is on fire!
    As far as I can tell it hasn't affected the pound. The riots don't really have popular support and are, as yet though I'm sure some one will, politically minded. To most people this is a small group of utter fucktards being tools.
  • To most people this is a small group of utter fucktards being tools.
    Be glad those are the people in your streets and not in your government.
  • America welcome to stagflation!

    Benarnake wants to lock in low interest rates until mid 2013. Way to follow the same path of Japan guys.
  • Do you guys think there will be another bubble pop in 2012? I may want to keep my assets liquid until then and then invest in when the market gets low.
  • Move all your money into Forex.
  • Or under the mattress the markets are extremely volatile atm.
  • Or under the mattress the markets are extremely volatile atm.
    Some economists are basically saying long term treasury bonds or mattress for the time being.

  • This. This. This.
  • Some economists are basically saying long term treasury bonds or mattress for the time being.
    I'm going with guns for the moment.
  • This. This. This.
    I like what the guy is saying about congress being bought, so fuck them. But then he says to bring in offshored money and loan to businesses at 2%? Ok, that's not a bad idea since it's a big fuck you to all the evil banks, but what does that really solve? If the congress is corrupt and the businesses are corrupt how about we put those corrupt fuckers in jail? That's my kind of justice. Congresspeople will stop being corrupt if there is an actual threat of being sent to jail for a long time.
  • edited August 2011
    Move all your money into Forex.
    image
    If you don't get it, that brand of beer is commonly pronounced Forex.
    Post edited by Churba on
  • Ok, that's not a bad idea since it's a big fuck you to all the evil banks, but what does that really solve?
    It solves the lending problem for small businesses, which is a core part of the slow economic growth.
  • I'm not investing at all until the markets level out. Glad all of my assets are liquid.
  • Ok, that's not a bad idea since it's a big fuck you to all the evil banks, but what does that really solve?
    It solves the lending problem for small businesses, which is a core part of the slow economic growth.
    Great, let's do it. But it does nothing for corrupt ass congress.
  • Great, let's do it. But it does nothing for corrupt ass congress.
    Really, the only way to deal with congress right now is expose them to the public. Obama needs to separate himself and just start naming names. "Senator X voted this way on bill Y because he accepted money from company Z" The problem is that congress has gotten the Supreme Court to essentially legalize corruption by having corporations and businesses recognized as "people"; money accepted as "free speech". Obama needs to let the citizens know just how bad the problem is, utilize his bully pulpit, and introduce campaign reform legislation.
  • Great, let's do it. But it does nothing for corrupt ass congress.
    Really, the only way to deal with congress right now is expose them to the public. Obama needs to separate himself and just start naming names. "Senator X voted this way on bill Y because he accepted money from company Z" The problem is that congress has gotten the Supreme Court to essentially legalize corruption by having corporations and businesses recognized as "people"; money accepted as "free speech". Obama needs to let the citizens know just how bad the problem is, utilize his bully pulpit, and introduce campaign reform legislation.
    That's good and all, but on this issue I happen to actually agree with Cory Doctorow. Transparency means nothing without justice. As long as people have bread and circuses they will be complacent. They'll just keep re-electing the same corrupt-ass bastards over and over. There needs to be a source of justice making them pay for their crimes, and at this point it needs to be very harsh. The people already hate congress, more than ever, and know it is corrupt. Yet, they still re-elect everybody every time.

    http://www.guardian.co.uk/technology/2009/apr/29/cory-doctorow-police-transparency
  • dsfdsf
    edited August 2011



    This. This. This.
    ^
    I've been telling ScoJo, and Rym for the last 10 years that all these Neo-liberal policies, privatization plans and wars have been methods to extract money and resources from the American people. Before that it was the slew of bad trade deals that essentially outsourced our labor to countries that employ people effectively as slaves.

    It seems we've hit the point were there isn't much left to take. Enough people are hurting now to "start" to care. Will America get it's shit together and stop being a tool?

    I say, yes. Maybe not this year or next, maybe it will take a full on depression. But it will happen. Will we have another bubble form and pop between this year and next? This is the big question on my mind.
    Post edited by dsf on
  • edited August 2011
    Well said, and I would say it relates back to a discussion I started and got flamed for.

    The flamers basically argued that rich people can be rich, but they're not making them poor!

    I'd say it's lies propagated by mainstream media by vested interests to keep people content with their lot and ignorant that the top 1% people are making money from their suffering.
    The personal and the political are today in perfect alignment. Virtually all U.S. senators, and most of the representatives in the House, are members of the top 1 percent when they arrive, are kept in office by money from the top 1 percent, and know that if they serve the top 1 percent well they will be rewarded by the top 1 percent when they leave office. By and large, the key executive-branch policymakers on trade and economic policy also come from the top 1 percent. When pharmaceutical companies receive a trillion-dollar gift—through legislation prohibiting the government, the largest buyer of drugs, from bargaining over price—it should not come as cause for wonder. It should not make jaws drop that a tax bill cannot emerge from Congress unless big tax cuts are put in place for the wealthy. Given the power of the top 1 percent, this is the way you would expect the system to work.
    BOOM!!! 'Nuff said... GOOD night!
    Post edited by Codger on
  • I'd say it's lies propagated by mainstream media by vested interests to keep people content with their lot and ignorant that the top 1% people are making money from their suffering.
    The media is run by reptoids too, right?
  • dsfdsf
    edited August 2011
    Pat Toomey is on the super committee :(
    I guess the Dems only need to get 1 republican to agree though.
    Post edited by dsf on
  • Well said, and I would say it relates back to a discussion I started and got flamed for.
    I wasn't actually flaming because I disagreed much with you, but because you were making claims that you didn't have evidence for, and you were starting to sound about as crazy as the crazy right-wing conspiracy theorists that I so despise.
  • The media is run by reptoids too, right?
    Are you telling me this octogenarian isn't?

    image

    But seriously, by making light of the the current state of affairs, is what excuses the medias blasé attitude towards the public. Anyone who says things that sound extreme but true, gets laughed at till the cows come home.

    I work with a guy that believes the state world is OK and could care less about what economic or political issues are happening around him. For him as long as he makes money and has good mates, its all good.

    He doesn't even have a passport for fuck sake...

    He believes that nothing can effect the decision process in a democracy and once it happens, too bad so sad. I believe this is a more common attitude out there, then one would think and it's this state of apathy by the public that will lead to ruin.
  • But Linkigi, obviously if you aren't in the top 1%, someone has manipulated you into being complacent with poverty. Certainly we would all be rich if the media didn't force us into positions of ambivalence about our economic standing. We are all ambitious, intelligent, and skilled enough to be billionaires.
  • Pat Toomey is on the super committee :(
    Fucking A.. That fucking Ahole?
Sign In or Register to comment.