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At 10/10/08 06:49 PM, EKublai wrote: Two Campaign-Goers shout "Kill Him!" then "Treason!"

(Note: [McCain] has not [denounced the comments], and his spokesperson has actually defended the people freedom to say those things)

The freedom to whip up a frenzy of unwarrented hate (over wildly substantiated claims) in a public rally leading up to a "free and democratic election" is prolly exactly what Bush was referring to when he said "they hate our freedoms".

Mass Fear (a terrorist's weapon of choice i might add) is clearly endorsed by the Republican party, as Palin herself has made the case for Obama being "pals with terrorists".

Should Obama win, it wouldn't surprise me at all to see Republican supporters form activist groups to "bring down their government" ..and the irony here? well no doubt a lot of 8 year olds will be influenced by the excessive rhetoric and unchecked publicity to grow up wanting to join such groups, because after all, the right to arms is claimed to be the main mechanism to keep government in check..

(mind you, ppl who freely own weapons and are free to openly and publicly incite hate towards their own government like this are all potential terrorists too!)

.

At 10/2/08 05:43 PM, Truth wrote: And yet Sarah Palin has a 10% chance of leading this country as president.

There's a higher chance of economic riots. (globally speaking)

At 10/4/08 08:38 AM, mopo wrote: actioally it 54 trillion dollars owed lol

any sauce with that?

At 10/2/08 09:11 PM, cellardoor6 wrote: Translation:

"I'm too afraid to admit openly what country I'm from because I know cellardoor6 has proved that my country's economy..."

see. you are the one who puts words in ppls mouths.

Translation just for Cellar: I moved country when i was 5, when i was 10, when i was 13, etc.. So telling which country i'm from so you can score useless points in a "my economy is bigger than your pathetic economy" pissing contest is yeah, pretty POINTLESS!

At 10/2/08 05:39 PM, cellardoor6 wrote:

At 10/2/08 12:18 PM, JudgeDredd wrote:

At 9/30/08 10:18 PM, cellardoor6 wrote: .. runs away from every argument with me about economics. It's pretty funny though.

Yeah right. Let's argue how "Great" American financial system is while it's economy is spin-tailling.

First off, you know it's true that every time the facts come out, or when you're asked to reconcile your argument with the facts, you tend to run away.

Your "facts" are American propaganda feed balony. The fake economy has crashed. You're wrong. Deal with it.

Then you do what you're doing now and you quote things I didn't even say, and make satirical arguments that intentionally misrepresent my position.

Quotes are emphasis like "facts" or "Great".. i've already been warned by a mod for using caps on 1 word. Rediculous considering how long i've been on this site and my living upto the whole "Dredd" image.. lol.

You're never able to justify your single-minded, almost fiendish devotion to bashing the US economy

when you use China and Microsoft in the same paragraph then i consider you a lost cause. I ignore it, and go back to writing my own WebOS.

given the situation in other countries including yours.

You concluded i was from UK. Judge Dredd is a UK artist's construct character based on "American futuristic doomsday". Which country i'm "from" (originally) hardly counts. My mind is internationalist, that's all that matters.

You're never able to respond when confronted with the fact that financial/economic problems are worldwide right now, and in many countries, far worse than what exists in the US.

Tell us all what country you're from, then tell us why you feel like have ANY grounds to bash the US economy for its current problems. Go ahead. Don't run away and talk trash in some other thread this time.

{read above}

Palin Rocks!!! (my whole bed)

At 10/1/08 09:56 PM, freddorfman wrote:

At 9/30/08 12:26 PM, MrHero17 wrote: Palin is not someone you would consider "good" at interviews.

palin is not someone i would consider good at anything except looking good for photos and countering john mccains aged look

she's supposed to be good at "connecting with the people" whateva that is supposed to mean.

At 9/30/08 10:18 PM, cellardoor6 wrote: .. runs away from every argument with me about economics. It's pretty funny though.

Yeah right. Let's argue how "Great" American financial system is while it's economy is spin-tailling.

"Bailout.. err Rescue.. err.. Anti-Dote.."

At 9/30/08 09:19 PM, SmilezRoyale wrote: If you cant then you [or anyone else in the same situation] should rethink why they feel a certain way.

Haha.. Gawd yeah. Cellar would vote republican if it was a Hillbilly his pet Romney sheep (with lipstick on) did runin' fer prezzadint.

At 9/30/08 07:21 PM, Frattochino wrote: Oh yeah cause 3000$ is soooo much

Do the math again.

11.3 Trillion *!* (incl. bailout) divided by 150 Million workers (aged 16 and over) = $75,000 per person.

(*!* federal government debt only)

At 9/29/08 04:17 PM, Truth wrote:

At 9/29/08 03:55 PM, Achilles2 wrote: Thoughts? Comments? Discussion?

America is screwed

Just raise the governments debt ceiling and everything will be sweet!

/sarcasm

At 9/29/08 06:02 PM, freddorfman wrote: yes were fucked , and eventually people will be pissed off enough at which point you will see alot more of me

anti-eco-terrorist squads are being trained as we speak. ;^)

(NGP should get busier, there's always an upside!)

There's always a certain irony in that the ppl who fear their bank may collapse, and by taking their money out before there's a rush on the bank are actually the smart ones, yet by their very actions they also help precipitate the collapse that follows.

It's kinda like the proverbial rats on the sinking ship that have to get clear of the ship's own down-vortex sucking them under. You might be a rat, but you're a rat still breathing.

At 9/26/08 07:17 PM, JudgeDredd wrote: And rescue might be more of the same..

Bailout Pandemic is spreading worldwide.. i'm quite certain that nationalizing all the worlds' banks is not a viable solution to rescue the major global markets from a full-blown ressession.

At 9/28/08 10:13 PM, Prinzy2 wrote: So you can execute a 13 year old for stealing a couple twinkies..

Todays twinkies or cookies is equivalent to yesteryears apple on a tree.. I'm sure there's a health message for teens in this unfortunate happening.

And rescue might be more of the same..

"..then there's the part of their [new] rescue plan where they want to "remove regulatory and tax barriers that are currently blocking private capital formation". That's right.. Removing regulations and lowering taxes. Exactly what's been done for the last 8 years."

At 9/26/08 01:34 AM, TheMason wrote: However, there is an expectation that when things are going to shit (9/11, Katrina or this) there should be a focus on the disaster.

And what a disaster for the campain. Where are the conspiracists?? A Planned Disastar perhaps?! Maybe a super-computer financial management modelling program is going haywire in some deep bunker. . . doh! lol.

ps. it doesn't smell, it reeks! ;-)

pps. watching stock market Fri.

At 9/25/08 04:45 PM, Ecke wrote: 21st century "Great Depression" anyone?

..or perhaps a backlash against certain "market forces".

At 9/24/08 05:32 PM, LazyDrunk wrote: This bailout is like, 4 years of Iraq.

Yep, and even the projected cost of Iraq was only perhaps 20 to 60 Billion. Whereas we know it's ended up costing a LOT more. (approaching 1 Trillion??)

This measue, [the bailout] has to achieve the impossible. It needs to guarantee it's own success.
Should the bailout fail, EXACTLY how much worse does that make the initial problem of say, a partial or severe collapse in the financal markets?

Where is the line where you say "ok, we're now officially bankrupting the country if we take such and such a step and it subsequently fails..".

This is certainly unchartered territory, regardless of how someone like Cellar likes talking up the cross-purpose percentages, and positivity in the "real America".

At 9/21/08 10:05 PM, cellardoor6 wrote:

At 9/21/08 09:29 PM, Al6200 wrote: I just don't buy all the horror stories about how our debt is going to kill us. As a percentage of GDP it's not particularly large, and even if it was the numbers don't back up any sort of doomsday scenario.

Well, the people who either cry about or make snide remarks about US debt, Americans or non-Americans, probably don't know how exactly the debt works, or how it compares to other countries.

Translation; "Today, this situation is complicated by institutions holding so many new and complex financial instruments that are nearly impossible to value."

Cellar, admit it. You talk up the strenght of the economy just like a broker. Even when your own leaders admit that "We are just days away from total collapse", you're still claiming the "complex numbers will save us". Still in denial. Getting out of step with reality..

At 9/21/08 11:14 PM, cellardoor6 wrote: And America is still the world's R&D department.

R&D doesn't make money per-se. If the information is on the internet, then the Chinese have access to everything you do. What have you gained? More regulation. More tension with China over intellectual property? Nothing but "kudos"?

You tell me.

At 9/21/08 09:35 PM, cellardoor6 wrote: Um, China's economy is not tightly controlled anymore. They are politically communist..

^hahaha.. U FAIL right there!!

At 9/21/08 09:35 PM, cellardoor6 wrote: The US consumer market and the US economy as a whole has been one of the biggest, if not the biggest sources of economic growth for China.

I don't disagree.

But now they are the "world factory" not "America's factory". They can stand on their own feet. They don't NEED the American consumer up to his/her eyeballs in bad debt.

At 9/21/08 09:29 PM, Al6200 wrote: I just don't buy all the horror stories about how our debt is going to kill us. As a percentage of GDP it's not particularly large, and even if it was the numbers don't back up any sort of doomsday scenario.

The analogy being made is like a $50k mortgage on a $500k house. Sure, at only 10% it's not very much, but if your income falls suddenly (recession slashing a long-propped-up GDP figure) and you find you can't pay any of your growing debts, then the bankers takes your house.

Yes it's a dumb analogy, but the US has been borrowing, and is continuing to borrow on it's past performances. The "bankers" here are hard earnt savings of many countries folk, and at this point in time, most of those people are thinking to themselves that they want their money back in a hurry.

Should America fail to pay what it has guaranteed to pay (in the form of govt-backed bonds) then the scenario i mentioned to at the top of this page will likely ensue. It might even make the whole "War on Terror" look like a prelude to the main event.

At 9/21/08 02:29 PM, Menelaus wrote: China's not going to call in our debt because if we sink, they sink.

Reality Check: China has over 5 times America's population and all the technology and resources that they need. They honestly could care less if America sinks.

Infact their leaders would hail an American collapse as a victory for their own tightly controlled state run market place. (where America is now heading)

The U.S. economy is too important to the rest of the world to have it going under.

No, most countries with half a brain have already re-aligned their trade with countries like China because that's where the real profit is. The "rest of the world" is NOT going to bail out years of American over-extravagance.

At 9/21/08 12:54 PM, tony4moroney wrote: They can't lose. It's socialism for the rich.

..or perhaps The Mother Of All Frauds.

At 9/21/08 11:33 AM, poxpower wrote: Beer.

Can i at least complain about the rapidly rising price of beer? .. just a little??

"The Bush administration is seeking sweeping powers to solve the credit crisis"

My question is this: What's going on here? Where are all the freaked out people? Am i on an American site? Does unilateral intervention like this make it a taboo subject already?

Ok, listen, it really doesn't make any sense..

"Loans were made far to easily thereby allowing people to buy things out of their price range thereby causing prices to inflate thereby causing banks to loan more and refinance more homes and offer more and bigger home equity loans. And so on and so forth for far too long.."

Paulson therefore claims to be "Protecting the American People by purchasing the illiquid Assets from the Banks."

Now let me get this straight.. Because the banks lent money with great gusto for toxic assets with and caused a credit crash, therefore the Fed is going to fix the problem by borrowing with great gusto to buy the same toxic assets. Essentially doing exactly what the banks did "irresponsibly", and they are gonna do it in a more hurried manner, and on an even bigger scale, using nothing but future worker's taxes.

Anyone see a problem here? o_O

At 9/19/08 02:12 PM, LazyDrunk wrote: lol, maek Arfica paed ther bilz.

Except that Africa didn't espouse dodgy money markets as being a system the whole world should bet the farm on. ; )

...who's going to "make the US pay it's debts"

Hmm...

People are perhaps starting to see possible parallels to Argentina's crisis of 2001.

"At first the cacerolazos were simply noisy demonstrations, but soon they included property destruction, often directed at banks, foreign privatized companies, and especially big American and European companies."

.."[By] 2003 an estimation of 30,000 to 40,000 people scavenged the streets for cardboard to eke out a living by selling it to recycling plants. This method accounts for only one of many ways of coping in a country that at the time suffered from an unemployment rate soaring at nearly 25%".

This is what happens when banks essentially close up shop. The Fed is at least stacking cash in the windows of the banks to make it appear everything is business as usual.

Will it work is the 6.4 Trillion dollar question.

At 9/18/08 02:09 AM, cellardoor6 wrote:

define "fully crashed".

It is essentially a severe economic depression.

ahh.. like a storm huh?

This is how i interpret "fully crashed".. i read it crashed like a computer..

"once the financial system is re-booted in this fashion, the government would be able to sell off the assets for enough money to recover the taxpayers' money and perhaps even turn a profit"

The Fed are trying to "re-boot" the economy before the economy has "fully crashed". They are pre-empting this "War on Cash". That could be a flaw in itself.

If they get it wrong they crash harder. Car "fully crashed" then comes to mind..

At 9/18/08 01:38 AM, cellardoor6 wrote:

At 9/18/08 01:23 AM, JudgeDredd wrote:

...

Quick Judge, damage control. Think of some snide remarks to divert attention away from your little mistake.

ok, i'll bite; define "fully crashed".