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drunkle
Participantcheers rusty. i’ll send you a drunkle bob fan club tshirt as soon as i can find, make or buy another fan…
Participantyou know, the gold standard is only as good as the gold… i read something recently about the downfall of rome as a result of dilution of the gold content of their coins. wiki charles ii and specie or something…
there is essentially zero oversight of the federal reserve, the financial companies, wall street… like in big fish where steve buscheme’s (sp?) character takes off for wall street where the real crimes take place. if the people trusted with the security of the dollar or gold coin or clam shells or sticks can’t be trusted, it doesn’t matter what you chose to represent your tomatoes. without trust, it’s back to barter and good luck carrying even lunch money worth of tomatoes in your gold plated money clip.
Participantyou know, the gold standard is only as good as the gold… i read something recently about the downfall of rome as a result of dilution of the gold content of their coins. wiki charles ii and specie or something…
there is essentially zero oversight of the federal reserve, the financial companies, wall street… like in big fish where steve buscheme’s (sp?) character takes off for wall street where the real crimes take place. if the people trusted with the security of the dollar or gold coin or clam shells or sticks can’t be trusted, it doesn’t matter what you chose to represent your tomatoes. without trust, it’s back to barter and good luck carrying even lunch money worth of tomatoes in your gold plated money clip.
Participantyou know, the gold standard is only as good as the gold… i read something recently about the downfall of rome as a result of dilution of the gold content of their coins. wiki charles ii and specie or something…
there is essentially zero oversight of the federal reserve, the financial companies, wall street… like in big fish where steve buscheme’s (sp?) character takes off for wall street where the real crimes take place. if the people trusted with the security of the dollar or gold coin or clam shells or sticks can’t be trusted, it doesn’t matter what you chose to represent your tomatoes. without trust, it’s back to barter and good luck carrying even lunch money worth of tomatoes in your gold plated money clip.
Participanteven if banks could chose to not reset arms, that wouldn’t do anything to save anyone. the bank would either be reneging on its obligations to the debt owners or it would be buying back the debt and financing it on it’s own. in the first case, the debt owners would scream bloody murder, sue the bank, drain its cash by dumping their holdings, destroy the bank’s credit, etc. in the second case, the bank would have to have the cash to buy back far more obligations than it has in reserve. in effect, it would only be able to buy back as much debt as they have in cash. meaning only a small fraction of mortgages could be suspended.
now, if your mommy and daddy were the bank, then sure. they could give you more time, they could float you some, they could even forgive you of the whole thing. everything would be peachy and no one would freak out about anything. the percentage of people who have mommy and daddy supporting them, however, is very small. very very small. miniscule.
maybe that’s why bush has no clue how to deal with the economy…
Participanteven if banks could chose to not reset arms, that wouldn’t do anything to save anyone. the bank would either be reneging on its obligations to the debt owners or it would be buying back the debt and financing it on it’s own. in the first case, the debt owners would scream bloody murder, sue the bank, drain its cash by dumping their holdings, destroy the bank’s credit, etc. in the second case, the bank would have to have the cash to buy back far more obligations than it has in reserve. in effect, it would only be able to buy back as much debt as they have in cash. meaning only a small fraction of mortgages could be suspended.
now, if your mommy and daddy were the bank, then sure. they could give you more time, they could float you some, they could even forgive you of the whole thing. everything would be peachy and no one would freak out about anything. the percentage of people who have mommy and daddy supporting them, however, is very small. very very small. miniscule.
maybe that’s why bush has no clue how to deal with the economy…
Participanteven if banks could chose to not reset arms, that wouldn’t do anything to save anyone. the bank would either be reneging on its obligations to the debt owners or it would be buying back the debt and financing it on it’s own. in the first case, the debt owners would scream bloody murder, sue the bank, drain its cash by dumping their holdings, destroy the bank’s credit, etc. in the second case, the bank would have to have the cash to buy back far more obligations than it has in reserve. in effect, it would only be able to buy back as much debt as they have in cash. meaning only a small fraction of mortgages could be suspended.
now, if your mommy and daddy were the bank, then sure. they could give you more time, they could float you some, they could even forgive you of the whole thing. everything would be peachy and no one would freak out about anything. the percentage of people who have mommy and daddy supporting them, however, is very small. very very small. miniscule.
maybe that’s why bush has no clue how to deal with the economy…
Participantjesus, money markets are supposed to be the safest bet…
so where to park your 401k then?
Participantjesus, money markets are supposed to be the safest bet…
so where to park your 401k then?
Participantjesus, money markets are supposed to be the safest bet…
so where to park your 401k then?
Participantthis gao comptroller guy is obviously naive if he thinks the government can do anything about anything.
if he actually read the constitution, he’d know that it says nothing about “fiscal deficits, chronic healthcare underfunding, immigration and overseas military commitments” or about “declining moral values and political civility at home, an over-confident and over-extended military in foreign lands and fiscal irresponsibility by the central government”.
and he was appointed by clinton so he’s obviously a liberal wingnut spreading lies and fear about bush and republicans.
and comptroller general isn’t even a real military position, his daddy probably pulled strings for him at the salvation army to award him rank.
Participantthis gao comptroller guy is obviously naive if he thinks the government can do anything about anything.
if he actually read the constitution, he’d know that it says nothing about “fiscal deficits, chronic healthcare underfunding, immigration and overseas military commitments” or about “declining moral values and political civility at home, an over-confident and over-extended military in foreign lands and fiscal irresponsibility by the central government”.
and he was appointed by clinton so he’s obviously a liberal wingnut spreading lies and fear about bush and republicans.
and comptroller general isn’t even a real military position, his daddy probably pulled strings for him at the salvation army to award him rank.
Participantthis gao comptroller guy is obviously naive if he thinks the government can do anything about anything.
if he actually read the constitution, he’d know that it says nothing about “fiscal deficits, chronic healthcare underfunding, immigration and overseas military commitments” or about “declining moral values and political civility at home, an over-confident and over-extended military in foreign lands and fiscal irresponsibility by the central government”.
and he was appointed by clinton so he’s obviously a liberal wingnut spreading lies and fear about bush and republicans.
and comptroller general isn’t even a real military position, his daddy probably pulled strings for him at the salvation army to award him rank.
Participant“marginal buyers”… does that refer to all the ignorant, uneducated, whiny, bitter, renting losers that make less than half a mil per year? or just people who can count?
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