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Main Area => Odds n Ends => Topic started by: The Buddha on November 25, 2008, 12:36:00 PM

Title: The Idiots running the financial system.
Post by: The Buddha on November 25, 2008, 12:36:00 PM
Yesterday Henry Paulson mentioned "you dont want to be found dead with unused ammunition" when referring to the fiscal situation.

OK they are assuming that 2 armies are fighting. What if we are fighting a fire breathing dragon, and as you approach the cave he's in carrying guns and ammo, he blows a fire ball in your face and you die. You leave the ammo and guns right there and drop dead.

That enables a person to run in quickly and fire bullets at the dragon before he can snort again ... cos a person carrying a light machine gun moves much much slower ... so its good to die with ammo left unused so it can be followed by a nimble person who can then use it.

So, by all means get ready to use the stimulus, but wait till its the weakest time for the dragon you're trying to kill.

Cool.
Buddha.
Title: Re: The Idiots running the financial system.
Post by: The Buddha on November 25, 2008, 06:23:38 PM
And ... 800 billion more has been given ... that was it, no vote, no congressional approval, not even a politician talking it up or a financial industry wiz calling for armageddon ...
A 2 page press release and we'll be another 800 billion in the hole. Just like that.
Cool.
Buddha.
Title: Re: The Idiots running the financial system.
Post by: ohgood on November 25, 2008, 07:02:26 PM
I don't remember a problem being defined just yet, but the country is ready to throw a trillion dollars at it- oh wait, IT isn't defined, right ?

Wow.

Who gets the money ? No one knows ?

Where does the money go ? No one knows that either ?

Uh oh, I'm betting the dark ages are coming around again...


Title: Re: The Idiots running the financial system.
Post by: makenzie71 on November 25, 2008, 07:22:26 PM
The problem is an assortment of problems...the biggest ebing no one wants to buy shaZam! because manufacturers want to charge too much for inferior products and that Americans as a whole don't care enough to do anything about our situation.
Title: Re: The Idiots running the financial system.
Post by: yamahonkawazuki on November 25, 2008, 09:54:49 PM
think its bad now. wait ntil 3 months from now.  :thumb:
Title: Re: The Idiots running the financial system.
Post by: The Buddha on November 26, 2008, 09:56:37 AM
Quote from: ohgood on November 25, 2008, 07:02:26 PM
I don't remember a problem being defined just yet, but the country is ready to throw a trillion dollars at it- oh wait, IT isn't defined, right ?

Wow.

Who gets the money ? No one knows ?

Where does the money go ? No one knows that either ?

Uh oh, I'm betting the dark ages are coming around again...




No, we know who gets the $$ ... the friends of the people who are in office. What happens when new people take office ... well, the same friends get the $ but in different ratio.

Honestly they are trying to stop the financial meltdown from happening by throwing 1.5 trillion at it. Sorry, that aint going to do squat ... only the melt down will create any sorta stability. The meltdown will kill most of the un sustainable businesses and ideas, bankrupt the theiving companies and reset it to where it can grow again. it needs to be allowed to die and rot.

They are trying to "pick up a turd by the clean end" ... they want regrowth, without death. The dying are choking off the healthy. Pretty soon they will all be dead.
Cool.
Buddha.
Title: Re: The Idiots running the financial system.
Post by: AyeKay on November 26, 2008, 05:10:12 PM
The root of the problem leis at the federal reserves fiat currency.

There is nothing federal about it, money is created out of thin air , and interest is attached with it. It is only a matter of time until the currency can not sustain itself, the dollar has lost 94% of its purchasing power since the fed was introduced in 1913.

The cold fact is, Americans have been taken and deceived once again , and it seems we are destined to be RAPED.

Just my .2 cents