Crash / Recession!

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Coondog
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Maybe they're being rhetorical........

Postby Coondog » 2011 Oct 17 11:09

I saw two guys on the news the other day at an Occupy rally in suits claiming to represent the 1%, saying they hadn't had a voice and were seeking donations to further their anti-Occupy cause.

Coondog :pompom:

The top 1% needs donations?

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Crux
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The Mainstream OCCUPY Movement

Postby Crux » 2011 Oct 17 14:50

http://biggovernment.com/jbradley/2011/ ... -movement/
Yes it is just opinion. A hit piece in a right wing blog owned by a big corporation shill...STILL. :pompom:
This is a fun show to watch! I mean, on a COP CAR! This skit just keeps on giving! :grin:

_________________________________________________________________
(don't think for a moment these cats aren't useful idiots for dangerous ends)
crux identifies with American Principles. Personal Liberty, Respect and Limited government.
He is a classic liberal, a libertarian at heart, and a conservative in the classical sense...

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Juggler
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Re: Crash / Recession!

Postby Juggler » 2011 Oct 18 08:57

There's a movement by OWS on to get bank customers all to withdraw $1000 in cash on a selected UNbank holiday, to demonstrate strength in numbers as a big hit occurs all at once.

I thought it was such a good idea that it deserved emulating a thousand times. So I went to the nearest Citibank, and asked to withdraw $1,000,000 dollars.

"A million bucks? You don't even have an account here," they said. Then they threw me out. I hate Citibank.

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Wise One
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Re: Crash / Recession!

Postby Wise One » 2011 Oct 18 10:28

Here's an example of genuine compassionate capitalism, not the faux kind righties blather on and on over. It's a good idea, if difficult to execute, and the two principals seem to be well-positioned to pull it off.

:coffee:
"If your only tool is a hammer, every problem looks like Donald Trump."

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Crux
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Recession that is.

Postby Crux » 2011 Oct 19 20:36

"TO recede" :tiphat:

In that sense I will be leaving this forum. It has been fun, and infuriating, and helpful. I thank you all for challenging me. I wish you all well. I always have... I bear no one ill will. Sure, I think some of you are dead wrong... I end my input here and say good bye. 10 months of this is plenty. Time to move on. All the best to you in your pursuits. This has been inevitable. Thanks to coondog for making me LAUGH out loud many times. Fangz, I think you are a good person. Sam, all the best to you and yours. History, Paul doesn't have a chance but take note: The Dems are NOT the party of Personal Liberty, but rather, GOVERNMENT. Wise one you are really a nut. A smart nut but nutty none the less. Amy. Peace to you. Parker all the best. The rest of you, all the best in this life.

May the library thrive. May Obama be defeated. May the Tea Party Spirit live on... I put my best foot forward here often.

crux :thumbup:
crux identifies with American Principles. Personal Liberty, Respect and Limited government.
He is a classic liberal, a libertarian at heart, and a conservative in the classical sense...

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fangz1956
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Re: Crash / Recession!

Postby fangz1956 » 2011 Oct 25 16:57

Ever looked at someone and thought "the wheel is turning but the hamster is dead"?

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Buck Turgidson
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Re: Crash / Recession!

Postby Buck Turgidson » 2011 Oct 30 09:22

Tom Friedman wrote:U.S. congressmen should have to dress like Nascar drivers and wear the logos of all the banks, investment banks, insurance companies and real estate firms that they’re taking money from. The public needs to know.

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Amy Probenski
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Re: Crash / Recession!

Postby Amy Probenski » 2011 Nov 07 21:02


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Juggler
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Wells Fargo Over-sized Sign in Lexington

Postby Juggler » 2011 Nov 08 14:48

Wells-Fargo-signLexington3.jpg
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Uji
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Re: Crash / Recession!

Postby Uji » 2011 Dec 14 16:04

"... markets were becoming dangerously unstable. Germany had just adopted a new monetary system, and Europe was being flooded with cheap German money. Greece had just signed up to a monetary union with Italy and France but was struggling to hold it together. Financial markets had been deregulated. New technologies were transforming production and communications, allowing money to move across borders at lightening speed. And a massive new industrial power was flooding the world with cheap manufactured goods, blowing apart old industries. When it all fell apart in an almighty crash, it was only to be expected..."

A prophesy for London, New York or Berlin in 2012? Not exactly. It is a description of Vienna in 1873. In that year, in one of the great crashes of all time, the Austrian markets triggered collapses across Europe, swiftly followed by an equally spectacular collapse in New York. It was the start of what economic historians call The Long Depression: a prolonged period of volatility, unemployment and slumps that lasted an epic twenty-three years, only finally coming to an end in 1896. (http://www.marketwatch.com/story/this-slump-wont-end-until-2031-2011-12-14?link=MW_story_popular)

For what it's worth, I think this guy is on the money. This mess will be around for the next decade -- at least. The money the Fed is pumping into the system never got to the system: it sits in the banks. Until it does, there will be no inflation; and any inflation there is will be slow in coming. The over-leveraging hasn't really even begun to unwind, yet; Europe is just one of several shoes yet to drop.

How many feet does this beast have? Don't know -- but a lot. Hunker down, Rockbridgers, this is gonna be long and tough no matter who is elected to what and no matter what they do.

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Wise One
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Re: Crash / Recession!

Postby Wise One » 2011 Dec 15 09:25

Very interesting ... we never learn.

This piece is also interesting, pointing out that when we redistribute from poor to wealthy, Republicans are just fine with that.

:coffee:
"If your only tool is a hammer, every problem looks like Donald Trump."

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Neck-aint-red
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Re: Crash / Recession!

Postby Neck-aint-red » 2012 Jan 26 13:03


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Coondog
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Re: Crash / Recession!

Postby Coondog » 2012 Jan 27 11:22

So.....if the Occupy Movement urged on (supposedly) by Obama is waging Class Warfare,

Who is Bill Gates waging Class Warfare against?

Coondog :hum:

War! Huh! What is it good for? Absolutely no-thin!
-Jackie Chan

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Crux
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Occupy: Voice of America?

Postby Crux » 2012 May 12 20:49

(Gates? I suppose he is a champion for Utopia. A big Democrat Government guy...)
_______________________________________________________________________

Perhaps he advocates for a Californian Model.

http://latimesblogs.latimes.com/califor ... brown.html

What's 16 BILLION between the Good Friends of California. The Occupy movement is LAME.
The Dems have their own hands all over this EMBRACE of the Occupy Joke. The Tea Party, the real GRASSROOTS conservative Libertarian variety is far and above the ALL AMERICAN Roots Movement.

Lame Hippy Wannabes crapping on cop cars, behind mailboxes, at banks, carrying around bags of shatz,
pissing and busting windows....


Not so much.


cruxforshux

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Coondog
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Re: Crash / Recession!

Postby Coondog » 2012 May 13 12:38

The Tea Party, the real GRASSROOTS conservative Libertarian variety is far and above the ALL AMERICAN Roots Movement.


Does the fact that the portions of this diatribe which are demonstratably untrue are capitalized indicate that the untruth is recognized and acknowledged by the writer? If so.......the intent to emphasize sarcasm might be more easily identified by inclusion of a suitablely appropriate icon:

GRASSROOTS :laughing:
ALL AMERICAN :laughing:

If not.....well, there you are!

Coondog :joker:

Is it a coincidence that the emergence of the Tea Party in Rockbridge County coencided with the closing of the Bowling Alley?

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Trend Setter
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Re: Crash / Recession!

Postby Trend Setter » 2012 May 20 12:02

Republican ideologues bellow falsehoods aplenty, anything to make the rich richer and poor poorer. But it hurts everybody.

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Crux
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Re: Crash / Recession!

Postby Crux » 2012 Jun 13 21:25

Trend Setter wrote:Republican ideologues bellow falehoods aplenty, anything to make the rich richer and poor poorer. But it hurts everybody.


Huh? Does Obama EXIST? Has he helped the situation? Is the economy BETTER for anyone, other than Federal Workers?

Listen to Krauthammer, and learn, Trendy: http://www.realclearpolitics.com/video/ ... ining.html

crux

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Coondog
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Re: Crash / Recession!

Postby Coondog » 2012 Jun 14 10:01

Obama has to deal with the damage republicans have done, damage they continue to do due to their single minded obsession with abortion, misconceptions fostered on the public by deliberate republican distortions, complicity among "job creators" to not create jobs.

Yet, somehow, the rich keep getting richer while the rest of us wallow in an unnecessary depression because republicans can't bring themselves to pass the jobs plan Obama submitted because they're too busy denying that he has ever had one.

Must we deny that the stock market is doing fine? Must we deny that the auto industry is doing fine, that consumer prices (including gas) are down, that positive job trends are better than negative ones and that (a conserative favorite) we have not been attacked by terrorists on Obama's watch?

Must we be saddled with more ficticious republican issues solving like voter fraud, religious persecution, birth certificates, abortion on demand and socialism?

If you're a republican, you need to realize that Obama is not destroying America......YOU ARE!

Coondog

C'mon Man!

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Crux
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Your separate reality is quite a yarn.

Postby Crux » 2012 Jun 14 22:46

All I see is selective vision. It is again as if the Dems are not players here. The stock market is not doing fine. Factor in the devaluation of the dollar at least 'dog. Obama has stymied the growth of the economy. Growing the public sector in Washington TAKES money from the private sector. Hello? Numbers are out on the auto industry (GM bailout) today. 27 BILLION to "save" 35,000 jobs. Do the math. Most sane folks reject this kind of government intervention. Better to have let GM declare bankruptcy and re-organize. You call 3.50/gallon in the midst of a shitty economy LOW gas prices? Cripes I can't wait til the economy takes off. Obama has had his self determined one-term proposition my friend. A one Trillion dollar stimulus, and pushing a crap health care fiasco has HURT the economy, job creation, and risk taking. He has failed. Simple.

crux

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Wise One
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Re: Your separate reality is quite a yarn.

Postby Wise One » 2012 Jun 15 12:26

You are completely disconnected from reality. Facts do not matter to you, only strident and manifestly wrong ideology.

crux wrote:The stock market is not doing fine.
The actual facts show you are wrong. The Bush crash has been erased and substantial progress added.
Capturestockmarket.png
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crux wrote:Factor in the devaluation of the dollar at least 'dog.
The actual facts show you are wrong. The dollar has held roughly constant against the Euro and other currencies, of course with temporary excursions up and down.
Capture2012-03-06 dollar.png
Capture2012-03-06 dollar.png (29.72 KiB) Viewed 3520 times

crux wrote: Obama has stymied the growth of the economy.
The actual facts show you are wrong. During his term, the recession was ended and moderate growth has resumed if not at hyper (and unrealistic) levels.

crux wrote:Growing the public sector in Washington TAKES money from the private sector.
The actual facts show you are wrong. Taxation as a percent of GNP is at an historic low. See this reference, 3rd column from the right, showing that the last time this level was so low was 1943.

crux wrote:You call 3.50/gallon in the midst of a shitty economy LOW gas prices? Cripes I can't wait til the economy takes off.
Yes, it's perhaps the lowest retail price for gasoline in the world among developed countries. Oil is a commodity traded widely on the world market and no government policy, apart from outright subsidy as is done in a few 3rd world countries, can affect it. Realism demands that we develop practical alternatives to oil, as Obama is doing and the Republicans will never do.
Evidently you do not understand simple economics. When the "economy takes off" you can be certain that demand will outpace supply and oil prices will rise dramatically.
"If your only tool is a hammer, every problem looks like Donald Trump."