Bernanke: “You are all Dead Ducks”

Discussion in 'Economy' started by Lookout, Feb 17, 2008.

  1. Lookout
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    Lookout Active Member

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    http://www.infowars.com/?p=303

    So, let’s summarize. The banks are battered by their massive subprime liabilities. Housing is in the tank. Manufacturing is down. Food and energy are up. Unemployment is rising. And consumer spending has shriveled to the size of an acorn. All that’s missing is a trumpet blast and the arrival of the Four Horseman.
     
  2. indago
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    indago VIP Member

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    Lookout wrote:
    The Four Horsemen of the Apocalypse

    War

    Famine

    Pestilence

    Death
     
  3. bush lover
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    bush lover Member

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    First of all, you greatly exaggerate the situation. There are plenty of jobs for people who want to work and get off their fat butts and government aid. But the main problem is the greedy unions who want more more more. We will have to outsource millions more jobs to China and India before the unions get the message. Then, in the end, we will have a more sensible wage scale for retarded work like call centers and screwing things together in a factory - say 10 bucks an hour. Why should these lazy unproductive union slobs be getting 50 grand a year for goofing off half the day? And they whine when their jobs disappear. I say good riddance. The Chinese and Hindus work harder and better for far less. It's called free enterprise.
     
  4. eots
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    eots no fly list

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    that might even contain a grain of truth if not for corporate tax breaks and corporate welfare and the exploitation and monoplys of resources owned by the American people
     
  5. Taomon
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    Taomon Active Member

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    I wouldn't say that these 4 horsemen are exactly missing
     
  6. Larkinn
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    Larkinn Senior Member

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    omg u libz, why are u always fear-mongering?
     
  7. rayboyusmc
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    rayboyusmc Senior Member

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    Not to worry, Simple Simon says so:

    Bush Lemming, after your eloquent diatribe, what exaclty do you do to stimulate the eoncomy to make up for all those other lazy bastards?
     
  8. Zoomie1980
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    Zoomie1980 Senior Member

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    The "subprime" market is only about 5% of the mortgage market. 93.5% of mortgage holders are still making their payments on time.

    Overly aggressive lenders are simply getting their due and the buyer's who used those financing vehicles are doing nothing they haven't done before...defaulting...which is why most are subprime borrowers in the first place...
     
  9. Zoomie1980
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    Zoomie1980 Senior Member

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    Bush is just as big an idiot as Reid or Pellosi.

    Recessions are a NORMAL part of the capitalistic economic cycle. They serve the very valuable purpose of weeding out and killing off the weak so the overall, long term economy and continue to grow and prosper as it has done for the past 200+ years.
     
  10. Diuretic
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    Diuretic Permanently confused

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    Except no-one wants to be around when there's one happening :rofl:

    Good system that - so that it works it has to break now and again. Right. That's useful. :eusa_whistle:
     

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