- Oct 7, 2011
- 38,401
- 4,162
- 1,130
Looks like another Obummer Summer ahead. Pretty sad.
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Swapping over to Mitt?
Pubs shouldn't be elected for 20 years- lying cronyism thieves...
from wiki:
In November 2007, commenting on the financial crisis sparked by the sub-prime mortgage collapse in the United States, Doug Nolands Credit Bubble Bulletin, on Asia Times Online, noted,
The scale of the Credit "insurance" problem is astounding. According to the Bank of International Settlements, the OTC market for Credit default swaps (CDS) jumped from $4.7 TN at the end of 2004 to $22.6 TN to end 2006. From the International Swaps and Derivatives Association we know that the total notional volume of credit derivatives jumped about 30% during the first half to $45.5 TN. And from the Comptroller of the Currency, total U.S. commercial bank Credit derivative positions ballooned from $492bn to begin 2003 to $11.8 TN as of this past June....
Pubs shouldn't be elected for 20 years- lying cronyism thieves...
from wiki:
In November 2007, commenting on the financial crisis sparked by the sub-prime mortgage collapse in the United States, Doug Noland’s Credit Bubble Bulletin, on Asia Times Online, noted,
The scale of the Credit "insurance" problem is astounding. According to the Bank of International Settlements, the OTC market for Credit default swaps (CDS) jumped from $4.7 TN at the end of 2004 to $22.6 TN to end 2006. From the International Swaps and Derivatives Association we know that the total notional volume of credit derivatives jumped about 30% during the first half to $45.5 TN. And from the Comptroller of the Currency, total U.S. commercial bank Credit derivative positions ballooned from $492bn to begin 2003 to $11.8 TN as of this past June....
African-American Unemployment Crisis, Part 1
President Bush says the U.S. economy is on the road to recovery but with double the unemployment rate of whites, African Americans seem to have been left behind. We visit an unemployment office in the Crenshaw district of Los Angeles to hear from one of the many caught in this crisis.
African-American Unemployment Crisis, Part 1 : NPR
The unemployment rate is 10.6% for blacks compared
http://www.caa.wa.gov/priorities/civil/documents/StateoftheDisparity12306version32.pdf
I wonder how those people who claimed the economy was bad under bush what they say about it now?
African-American Unemployment Crisis, Part 1
President Bush says the U.S. economy is on the road to recovery but with double the unemployment rate of whites, African Americans seem to have been left behind. We visit an unemployment office in the Crenshaw district of Los Angeles to hear from one of the many caught in this crisis.
African-American Unemployment Crisis, Part 1 : NPR
The unemployment rate is 10.6% for blacks compared
http://www.caa.wa.gov/priorities/civil/documents/StateoftheDisparity12306version32.pdf
I wonder how those people who claimed the economy was bad under bush what they say about it now?
Didn't you hear? 'Summer of Recovery' Part Three...
You and me both.
Anybody who still has money in the markets and is not a professional who makes a living doing it - is a fool. (includes 401k folks). You cannot win...your basically only providing the perks for the high rollers...you have no chance to make money long term in the markets any more. Your better off buying gold/utilities/real estate etc.
As for politics...does it really matter? We no longer live in a democratic representative republic...it has been a plutocracy for almost 40 years now.
If your not in the upper 20%...your supporting the upper 20%. There are no more conservatives or liberals in Washington. Just devoted, dutiful servants of New York who have different opinions.
Wait until the doors are locked and the armed guards won't give you your gold.
Your stocks are suddenly worthless. The traffic lights don't even work anymore....OR the streetlights!
Wait a minute! Now the power is off in your HOME! But you're sure you've paid your bill!
No computer....no phone. Just that old radio from the basement IF that is....you've got a few batteries!
So you go down to the market thinking you'll pick up a couple gallons of water to see you through....and maybe some cold cuts too.....and OLIVES from the olive bar....just to pass the difficulty.
But there are THOUSANDS of people in the parking lot and smoke, and armed guards BEATING people away from the doors!!!!
Think it PROBABLY won't happen in your lifetime?
Try within the next two years
I have my Gold Eagles in MY vault.
I have cows and a garden and a cellar full of canned goods.
I trade products with my neighbors.