12345

A Strong U.S. Dollar Isn't in Anyone's Best Interest

“A strong dollar is in our national interest,” still echoes through the air in the District of Columbia. Never mind that the strong dollar was largely responsible for the housing boom that led to the current bust."


WHAT! The Dollar was falling fast during the Boom, cheap money and a weak Dollar is what drove housing prices so high. How can a strong Dollar drive prices up?

What's Another $1.15 Trillion?

Nope, I can't solve the worlds problems in 5 minutes but the robbery is in clear sight. The money won't be paid back, if these companies had the ability to pay the money back they never would of needed it in the first place.

The Fed purchased $300 billion in bonds today..where did that money come from? It came from the existing money in your pocket and bank account.

the U.S is BROKE, it is a bankrupt country. We do not have a viable Economy. We do not have the ability to cover our obligations without increasing our money supply. We can not cover our Foreign Debts without inflating our money supply. When you increase the money supply you ROB the people. When you increase taxes to pay for the bailouts you are ROBBING the people.

It does not take a Genius to see that we're being taken to the cleaners.

Wake up

and if Lawson Heals up I'm picking the Tar Heels to take it


On Mar 18 11:00 PM CJJ wrote:

> You haven't been robbed. Please back up your silly statements. <br/>
>
> When the banks pay back the TARP money and the US(Thats YOU Abag)
> makes 5-10% on money when you can't get that yield on money anywhere
> these days...Are you going to be back on here telling us how bad
> that is.
>
> Why don't you add up all the money the US has proposed in the past
> 12 months, shout out a lofty number like 10-14Trillion and feel satisfied
> with yourself. But please be prepared to start subtracting that when
> it is paid back.
>
> I forgot, 12345 and everyone here are geniouses. They could step
> into the fray and solve the worlds ills in about 5 minutes and still
> have time to get home for dinner.
>
> Do you want to tell me your NCAA picks, since you obviously know
> it all.
>
> On Mar 18 08:43 PM 12345 wrote:

What's Another $1.15 Trillion?

Applaud the move? You've just been ROBBED


On Mar 18 04:48 PM Respirate wrote:

>
> "This is insane." Maybe. I applaud the Fed's bold move, and believe
> that it will help spur economic activity over the coming months.

What Is Going On With Gold?

Paul - Yes I know. But at 20% we cannot afford to make the interest payment on our debt. We have much more debt then we had in the early 80's and our debt is now in short term treasuries!

we're caught between a rock and a hard place and we have nowhere to move...

Inflate or die

On Jan 08 11:14 PM paultaut wrote:

> 12345: If the inflation rate rises to the levels of the last time,
> the late 70's through early 80's, It took interest rates of almost
> 20% to turn the tide.
>
> Since I think inflation will be much worse, it may take that much
> more to stem it. I will expect the dollar to be dropping steadily
> at that point. My target is 40-50.
>
> For now however, the deflationary perception will continue to rule.
>
>
> Kitco.com has a section devoted to Gold Precious Metals. In that
> section you will be able to read excerpts from various Gold related
> Newsletters, Faber, Ruff, Aden Sisters, etc.
>
> Read what they have to say about the USD and Gold.
>

What Is Going On With Gold?

Paul - Interest rates cannot go up to 25% at 25% the U.S cannot afford the interest payment and we would default.

What Is Going On With Gold?

U.S Economoy Superior to the Japanese? Really?

If we're superior then why do we need to borrow money from the inferior Japanese Economy just to stay afloat?

The U.S Economy is a Ponzi scheme that is rapidly falling apart.