Gdub53's Comments Gdub53's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/286705/comments How to Fix the Fed - A Lesson from AIG http://seekingalpha.com/article/175949-how-to-fix-the-fed-a-lesson-from-aig?source=feed#comment-786455 786455 Wed, 02 Dec 2009 11:13:13 -0500 What's Next for Gold and the Dollar? http://seekingalpha.com/article/166199-what-s-next-for-gold-and-the-dollar?source=feed#comment-715467 715467

On Oct 14 01:17 PM Stepbear7 wrote:

> The only external sources the US is borrowing from is the scam cartel
> Federal Reserve System. We've already seen what kind of ride this
> country has had since the Federal Reserve Act(December 23, 1913)
> has been around.
> Currency is already and will continue to collapse as long as the
> Federal Reserve and fractional reserve banking continues to be aloud.
>
> The Rothschilds of London and Berlin,Lazard Brothers of Paris,Kuhn
> Loeb Co., and Warburgs of Germany, and Rockefeller families of New
> York are and continue to be pleased with the control they have over
> you and your shares and stocks because they own all of them.
>
> Accept This As The Truth The Whole Truth & Nothing But The
> Truth
>
>
> You people still don't get it.
> The Central banks along with the Federal Reserve, Fractional reserve
> banking procedures, and absence of the Gold standard are the spring
> boards of happiness for these cartel counterfeiters to rake the entire
> world over the coals and out of existence.
> Federal Reserve Notes are near extinction. Rightfully so, because
> they(seekingalpha.com/symbo...) are worthless paper not
> soft enough for biological purposes and have no value without Gold
> standard backing it.
> The rest of the world is starting to realize the USD (Federal Reserve
> Note) is the ROOT CAUSE OF PRESENT GLOBAL CHAOS.
> Use the Gold Standard and get rid of Federal Reserve Notes and start
> having the U.S Government Treasury print United States Notes backed
> by gold reserves only producing allotments as needed to balance
> goods and services.
>
> Abolish the Federal Reserve Act of 1913,Fractional Reserve Banking,
> the IRS, Ben Bernanke and the entire Federal Reserve System.
> Then you will be able to understand and open your mind and eyes and
> move on to a better economic level of survival.
> In other words remove 96 years of bend over vaseline jobs from the
> Federal Reserve System.
> Just a thought ............. Have a good day,week,month,year and
> next decade.
>
>
> Stepbear7]]>
Wed, 14 Oct 2009 17:02:47 -0400

On Oct 14 01:17 PM Stepbear7 wrote:

> The only external sources the US is borrowing from is the scam cartel
> Federal Reserve System. We've already seen what kind of ride this
> country has had since the Federal Reserve Act(December 23, 1913)
> has been around.
> Currency is already and will continue to collapse as long as the
> Federal Reserve and fractional reserve banking continues to be aloud.
>
> The Rothschilds of London and Berlin,Lazard Brothers of Paris,Kuhn
> Loeb Co., and Warburgs of Germany, and Rockefeller families of New
> York are and continue to be pleased with the control they have over
> you and your shares and stocks because they own all of them.
>
> Accept This As The Truth The Whole Truth & Nothing But The
> Truth
>
>
> You people still don't get it.
> The Central banks along with the Federal Reserve, Fractional reserve
> banking procedures, and absence of the Gold standard are the spring
> boards of happiness for these cartel counterfeiters to rake the entire
> world over the coals and out of existence.
> Federal Reserve Notes are near extinction. Rightfully so, because
> they(seekingalpha.com/symbo...) are worthless paper not
> soft enough for biological purposes and have no value without Gold
> standard backing it.
> The rest of the world is starting to realize the USD (Federal Reserve
> Note) is the ROOT CAUSE OF PRESENT GLOBAL CHAOS.
> Use the Gold Standard and get rid of Federal Reserve Notes and start
> having the U.S Government Treasury print United States Notes backed
> by gold reserves only producing allotments as needed to balance
> goods and services.
>
> Abolish the Federal Reserve Act of 1913,Fractional Reserve Banking,
> the IRS, Ben Bernanke and the entire Federal Reserve System.
> Then you will be able to understand and open your mind and eyes and
> move on to a better economic level of survival.
> In other words remove 96 years of bend over vaseline jobs from the
> Federal Reserve System.
> Just a thought ............. Have a good day,week,month,year and
> next decade.
>
>
> Stepbear7]]>
Housing Bubble, The Sequel http://seekingalpha.com/article/148972-housing-bubble-the-sequel?source=feed#comment-589412 589412 Wed, 15 Jul 2009 14:31:41 -0400 Why Banks Prefer Foreclosures over Mortgage Modifications http://seekingalpha.com/article/147570-why-banks-prefer-foreclosures-over-mortgage-modifications?source=feed#comment-578767 578767 Wed, 08 Jul 2009 10:12:32 -0400 Why Banks Prefer Foreclosures over Mortgage Modifications http://seekingalpha.com/article/147570-why-banks-prefer-foreclosures-over-mortgage-modifications?source=feed#comment-578762 578762 Wed, 08 Jul 2009 10:10:28 -0400 Crude Prices Up, But Gas Prices Are Down http://seekingalpha.com/article/146680-crude-prices-up-but-gas-prices-are-down?source=feed#comment-571760 571760 Thu, 02 Jul 2009 12:40:11 -0400 Madoff's Investors Don't Deserve Compensation or Sympathy http://seekingalpha.com/article/146403-madoff-s-investors-don-t-deserve-compensation-or-sympathy?source=feed#comment-571755 571755 Thu, 02 Jul 2009 12:38:31 -0400 Debt, Debt, and More Debt in Store for the U.S. http://seekingalpha.com/article/143621-debt-debt-and-more-debt-in-store-for-the-u-s?source=feed#comment-550464 550464 Wed, 17 Jun 2009 12:08:43 -0400 The Price of Debt, And the Ultimate Cost http://seekingalpha.com/article/143273-the-price-of-debt-and-the-ultimate-cost?source=feed#comment-549155 549155 IRS) and the income tax. Gone will be the evil perps of this debacle. No more fractional banking, no more gov't terror, no more funny money.]]> Tue, 16 Jun 2009 15:53:46 -0400 IRS) and the income tax. Gone will be the evil perps of this debacle. No more fractional banking, no more gov't terror, no more funny money.]]> Who Is Really to Blame for the Deficit? http://seekingalpha.com/article/143200-who-is-really-to-blame-for-the-deficit?source=feed#comment-547290 547290 Mon, 15 Jun 2009 11:58:12 -0400 Can the U.S. Break the Oligarchy Cycle a Fourth Time? http://seekingalpha.com/article/141887-can-the-u-s-break-the-oligarchy-cycle-a-fourth-time?source=feed#comment-537430 537430 Mon, 08 Jun 2009 13:41:32 -0400 The Worst Case Scenario (Someone Has to Say It) http://seekingalpha.com/article/134820-the-worst-case-scenario-someone-has-to-say-it?source=feed#comment-488873 488873

On May 03 06:13 PM john1940 wrote:

> Let me try to help just a few of the responders on just one issue.
> The Federal Reserve is not a private bank. It's a bank created by
> federal law and designed for independence in it's action. There
> are 12 member banks that take care of Federal Reserve responsibilities
> in designated sections of the country. It is audited regularly and
> monitored by Congress. Profits go to the federal government. Go
> to www.federalreserve.gov... for a
> start on FRB. Then try Wikipedia. Stay out of the internet and
> blogs for information. A lot of internet sources are good but most
> of America's poorly educated can't differentiate nonsense from fact.
>
>
> Lastly, I'm not leaving the USA but I am worried about it's future.
> I don't think the predictions are that good but some of it may occur
> in some smaller dosage. The future of our country is very bleak.]]>
Mon, 04 May 2009 12:49:18 -0400

On May 03 06:13 PM john1940 wrote:

> Let me try to help just a few of the responders on just one issue.
> The Federal Reserve is not a private bank. It's a bank created by
> federal law and designed for independence in it's action. There
> are 12 member banks that take care of Federal Reserve responsibilities
> in designated sections of the country. It is audited regularly and
> monitored by Congress. Profits go to the federal government. Go
> to www.federalreserve.gov... for a
> start on FRB. Then try Wikipedia. Stay out of the internet and
> blogs for information. A lot of internet sources are good but most
> of America's poorly educated can't differentiate nonsense from fact.
>
>
> Lastly, I'm not leaving the USA but I am worried about it's future.
> I don't think the predictions are that good but some of it may occur
> in some smaller dosage. The future of our country is very bleak.]]>
Bernanke's Casual Comments on 'Printing Money' and Inflation http://seekingalpha.com/article/126255-bernanke-s-casual-comments-on-printing-money-and-inflation?source=feed#comment-429412 429412

On Mar 17 09:02 AM Lavalson wrote:

> The Federal Reserve Bank is a Private Bank. It creates money out
> of thin air and loans it to the Government and the banks and charges
> interest on the loan. The loan is then payed back plus interest to
> the Federal Reserve Bank even though the money never existed before
> it was loaned. And let's not forget that we are talking about a PRIVATE
> BANK which is making billions of dollars in profit with money that
> they not only did not have but created instantly. When will the American
> people wake up and abolish the FRB? If the government can issue bonds
> it can issue its own money and stop this nonsense and therefore eliminate
> the national debt in virtually no time.]]>
Tue, 17 Mar 2009 13:15:41 -0400

On Mar 17 09:02 AM Lavalson wrote:

> The Federal Reserve Bank is a Private Bank. It creates money out
> of thin air and loans it to the Government and the banks and charges
> interest on the loan. The loan is then payed back plus interest to
> the Federal Reserve Bank even though the money never existed before
> it was loaned. And let's not forget that we are talking about a PRIVATE
> BANK which is making billions of dollars in profit with money that
> they not only did not have but created instantly. When will the American
> people wake up and abolish the FRB? If the government can issue bonds
> it can issue its own money and stop this nonsense and therefore eliminate
> the national debt in virtually no time.]]>
Increasing Tax Share vs. Income Share Gap http://seekingalpha.com/article/125799-increasing-tax-share-vs-income-share-gap?source=feed#comment-424601 424601

On Mar 13 11:30 AM John Lounsbury wrote:

> Mark - - -
>
> I am disappointed at the misleading nature of this article.
>
> Your graph leads the reader to the conclusion that the top 1% of
> incomes pay a higher tax burden in 2006 compared to 1986. You also
> imply that in your statement:
>
> <"The chart shows that the difference between the top <1%'s tax
> share (about 25% in the late 1980s) and the <that group's income
> share (about 14% in the late <1980s), which increased from 11% in
> the earlier period <to 18% by 2006, when the tax share had increased
> to <about 40% for the top 1% compared to that group's <income share
> of 22%. Stated differently, the income <share of the top 1% increased
> by about .55% per year <from 1986 to 2006, compared to the tax share
> of the <top 1%, which increased by about .75% per year."
>
> The fallacy of your statement and implication can be easily seen
> with the following calculation:
>
> In 1986-87, for every $1,000 of income, the top 1% received $110.
> In 2006, the top 1% received $220. The top 1% income increased by
> 100%.
>
> In 1986-87, for every $1,000 of taxes, the top 1% paid $250. In
> 2006, the top 1% paid $400. The top 1% taxes increased by 60%.<br/>
>
> This represents a significant lessening of the tax burden of the
> top 1% over the 20 year period.
>
> There is an old saying that "figures lie and liars figure". As an
> educator, you should be more careful in how you use numbers.
> ]]>
Fri, 13 Mar 2009 12:13:07 -0400

On Mar 13 11:30 AM John Lounsbury wrote:

> Mark - - -
>
> I am disappointed at the misleading nature of this article.
>
> Your graph leads the reader to the conclusion that the top 1% of
> incomes pay a higher tax burden in 2006 compared to 1986. You also
> imply that in your statement:
>
> <"The chart shows that the difference between the top <1%'s tax
> share (about 25% in the late 1980s) and the <that group's income
> share (about 14% in the late <1980s), which increased from 11% in
> the earlier period <to 18% by 2006, when the tax share had increased
> to <about 40% for the top 1% compared to that group's <income share
> of 22%. Stated differently, the income <share of the top 1% increased
> by about .55% per year <from 1986 to 2006, compared to the tax share
> of the <top 1%, which increased by about .75% per year."
>
> The fallacy of your statement and implication can be easily seen
> with the following calculation:
>
> In 1986-87, for every $1,000 of income, the top 1% received $110.
> In 2006, the top 1% received $220. The top 1% income increased by
> 100%.
>
> In 1986-87, for every $1,000 of taxes, the top 1% paid $250. In
> 2006, the top 1% paid $400. The top 1% taxes increased by 60%.<br/>
>
> This represents a significant lessening of the tax burden of the
> top 1% over the 20 year period.
>
> There is an old saying that "figures lie and liars figure". As an
> educator, you should be more careful in how you use numbers.
> ]]>
Why It's Actually Different This Time http://seekingalpha.com/article/125580-why-it-s-actually-different-this-time?source=feed#comment-424575 424575

On Mar 12 09:06 AM Oquichtli wrote:

> Pathetic fear mongering. You should be punished to the for spouting
> such fear. I know, fear sells papers and gets fools to read pathetic
> blogs like yours. Why don't you inform the dumb masses how to profit
> in this environment(i.e. highly volatile markets make fortunes for
> options trading) instead of scaring the hell out of their weak minds?
> Oh I know why, you are protecting the business agenda of the masters
> who own you. Just like that fool Ron Paul. Trying to scare the zombie
> sheep. You all should be put to justice.]]>
Fri, 13 Mar 2009 12:00:38 -0400

On Mar 12 09:06 AM Oquichtli wrote:

> Pathetic fear mongering. You should be punished to the for spouting
> such fear. I know, fear sells papers and gets fools to read pathetic
> blogs like yours. Why don't you inform the dumb masses how to profit
> in this environment(i.e. highly volatile markets make fortunes for
> options trading) instead of scaring the hell out of their weak minds?
> Oh I know why, you are protecting the business agenda of the masters
> who own you. Just like that fool Ron Paul. Trying to scare the zombie
> sheep. You all should be put to justice.]]>
Rethinking Fractional Banking http://seekingalpha.com/article/120869-rethinking-fractional-banking?source=feed#comment-392073 392073 Tue, 17 Feb 2009 11:15:26 -0500 Fannie, Freddie and Multi-Family REITs Part II http://seekingalpha.com/article/120154-fannie-freddie-and-multi-family-reits-part-ii?source=feed#comment-385681 385681

On Feb 12 07:59 AM James Wilson wrote:

> I hope they stop building new subdivisions for a while.]]>
Thu, 12 Feb 2009 11:32:59 -0500

On Feb 12 07:59 AM James Wilson wrote:

> I hope they stop building new subdivisions for a while.]]>
This Is Just the Beginning http://seekingalpha.com/article/119199-this-is-just-the-beginning?source=feed#comment-381404 381404

On Feb 08 12:48 PM Dave Wrixon wrote:

> No, you don't have money to burn. Every dime must count.
>
> I am utterly against the tax cuts, because I don't believe they achieve
> anything useful. There is no such thing as a free lunch, and tax
> breaks send totally the wrong message to the people, many of whom
> need to get their butt into gear and get a proper job.
>
> I am 100% behind infrastructure investment because most of it is
> needed anyway if you are to have a competitive economy in the longer-term.
>
>
> I work on highways in the UK. The money that could be save by investing
> adequately in the first place is unbelievable. Can you imagine how
> much it costs to maintain infrastructure that is already at breaking
> point? Everything is done piecemeal in the middle of the night, often
> in freezing temperatures. Do you really think that is effective use
> of Government money.
>
> Having said that if you invest when the economy is on its knees,
> you do tend to reduce costs. If contractors are struggling to make
> ends meet, it surprising how much they will sharpen their pencil.
>
>
> Also you must remember that lost momentum in the economy cost the
> Government dearly because of increased social cost when the tax base
> in shrinking. For the stimulus to have an impact you need to have
> a Keynesian multiplier as high as possible. In other words the Government
> spend induces additional private sector spend that exceeds the usual
> wastage. Only infrastructure projects will deliver that multiplier.
> ]]>
Mon, 09 Feb 2009 14:58:44 -0500

On Feb 08 12:48 PM Dave Wrixon wrote:

> No, you don't have money to burn. Every dime must count.
>
> I am utterly against the tax cuts, because I don't believe they achieve
> anything useful. There is no such thing as a free lunch, and tax
> breaks send totally the wrong message to the people, many of whom
> need to get their butt into gear and get a proper job.
>
> I am 100% behind infrastructure investment because most of it is
> needed anyway if you are to have a competitive economy in the longer-term.
>
>
> I work on highways in the UK. The money that could be save by investing
> adequately in the first place is unbelievable. Can you imagine how
> much it costs to maintain infrastructure that is already at breaking
> point? Everything is done piecemeal in the middle of the night, often
> in freezing temperatures. Do you really think that is effective use
> of Government money.
>
> Having said that if you invest when the economy is on its knees,
> you do tend to reduce costs. If contractors are struggling to make
> ends meet, it surprising how much they will sharpen their pencil.
>
>
> Also you must remember that lost momentum in the economy cost the
> Government dearly because of increased social cost when the tax base
> in shrinking. For the stimulus to have an impact you need to have
> a Keynesian multiplier as high as possible. In other words the Government
> spend induces additional private sector spend that exceeds the usual
> wastage. Only infrastructure projects will deliver that multiplier.
> ]]>
Ray Dalio: A Long and Painful Depression - Barron's Interview http://seekingalpha.com/article/119250-ray-dalio-a-long-and-painful-depression-barron-s-interview?source=feed#comment-381255 381255 Mon, 09 Feb 2009 13:16:45 -0500 How Gold Is Being Driven by a $4 Trillion Hallucination http://seekingalpha.com/article/118642-how-gold-is-being-driven-by-a-4-trillion-hallucination?source=feed#comment-377119 377119
Google video..."The Moneymasters"]]>
Thu, 05 Feb 2009 12:25:08 -0500
Google video..."The Moneymasters"]]>
The End of the U.S. As We Know It: Tracking the Dollar Downward http://seekingalpha.com/article/117801-the-end-of-the-u-s-as-we-know-it-tracking-the-dollar-downward?source=feed#comment-373444 373444 Mon, 02 Feb 2009 12:05:31 -0500 The Hopefully Not So Great Next Depression http://seekingalpha.com/article/117756-the-hopefully-not-so-great-next-depression?source=feed#comment-372587 372587 Sun, 01 Feb 2009 13:15:09 -0500 8 Important Facts About the Federal Reserve http://seekingalpha.com/article/115275-8-important-facts-about-the-federal-reserve?source=feed#comment-360143 360143

On Jan 18 10:48 AM bobomite wrote:

> The debt-based economic model that we use today was evolved in the
> 1800s. The long-term effects of bringing money into existence as
> debt without creating the money to pay interest have taken many years
> to fully understand. There is nothing sacred about our system; it
> is just what we are used to.
>
> Mathematically, our financial system will implode eventually. This
> will provide the opportunity to re-learn that these systems can be
> built however we choose.
>
> The first crucial step is that enough people need to actually take
> an effort to understand what money is and how our financial systems
> actually work. The current downturn is certainly encouraging people
> to begin that education.
>
> This article is in a great example of that process in action.]]>
Mon, 19 Jan 2009 15:20:03 -0500

On Jan 18 10:48 AM bobomite wrote:

> The debt-based economic model that we use today was evolved in the
> 1800s. The long-term effects of bringing money into existence as
> debt without creating the money to pay interest have taken many years
> to fully understand. There is nothing sacred about our system; it
> is just what we are used to.
>
> Mathematically, our financial system will implode eventually. This
> will provide the opportunity to re-learn that these systems can be
> built however we choose.
>
> The first crucial step is that enough people need to actually take
> an effort to understand what money is and how our financial systems
> actually work. The current downturn is certainly encouraging people
> to begin that education.
>
> This article is in a great example of that process in action.]]>
Selfishness vs. Selflessness http://seekingalpha.com/article/115288-selfishness-vs-selflessness?source=feed#comment-360101 360101 Mon, 19 Jan 2009 14:39:49 -0500 Orwellian Finance: Is 1984 Happening in 2009? http://seekingalpha.com/article/115328-orwellian-finance-is-1984-happening-in-2009?source=feed#comment-360050 360050 Mon, 19 Jan 2009 13:51:49 -0500 A Depression and Recovery in Internet Time http://seekingalpha.com/article/115079-a-depression-and-recovery-in-internet-time?source=feed#comment-357971 357971 Fri, 16 Jan 2009 15:48:57 -0500 Why the Fed Wants to Issue its Own Debt http://seekingalpha.com/article/110282-why-the-fed-wants-to-issue-its-own-debt?source=feed#comment-327633 327633 Fri, 12 Dec 2008 13:42:17 -0500 Excessive Systemic Debt: The Primary Cause of Our Current Crisis http://seekingalpha.com/article/109166-excessive-systemic-debt-the-primary-cause-of-our-current-crisis?source=feed#comment-320707 320707 Thu, 04 Dec 2008 10:09:19 -0500 The Fed's Potentially Very Bad Policy http://seekingalpha.com/article/109195-the-fed-s-potentially-very-bad-policy?source=feed#comment-320702 320702 Thu, 04 Dec 2008 10:06:22 -0500 Fed Watch: Policy Totally Adrift; Be Afraid, Be Very Afraid http://seekingalpha.com/article/106912-fed-watch-policy-totally-adrift-be-afraid-be-very-afraid?source=feed#comment-310756 310756 Thu, 20 Nov 2008 10:03:04 -0500