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Archive for February 2009

The plot thickens….

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More people will believe  that Obamama is the top evil genius. He came at the right time. (The Repubs can’t lie half as good. After all He da man!)

Even in the midst of a disaster!

Hell the conspiracy nuts are ecstatic. Like a stopped clock they are correct periodically because they believe this economy can be “controlled” and once in awhile it looks that way.

Don’t tell them that if our world  could be controlled by these evil geniuses  we would all join up!!!

Where do I sign? I’m tired of being a peon. I’ll obey the secret code and use the sneaky handshake. I’ll even vote for the “correct ” candidate. (OK I promise  to vote as many times as needed for all the candidates. Hell any candidate. )

But what’s in it for me, huh? Power, wealth, pussy (OOPs) Toyota pickups, free cable and don’t forget the clean underwear every Friday.

I’ll even wear a tin hat, TRUST ME.

Want to get them stirred up?

Remind them that the last time we had a Depression Roosevelt ran and won 3 terms. He’d still be president if he hadn’t croaked.

How many terms will “they” give Oba mama, hmm?

OK your HIGHNESS, I’m ready,  beam me up.

No TARP Can Mend the Economy Now – The International Forecaster

We still believe the economy can be held afloat in spite of its condition for another two years despite the increase in deflation. We still don’t see the elements of collapse, but it is on the way. Be patient, it will arrive and you won’t like it. The elements that brought about this horrible situation are starting to be recognized as the culprits and for the criminals that they are. If we were they we’d quickly go into hiding because we do not give five cents for their chance of survival. Over the next two years the impact of events will be staggering. Wall Street and banking will get their comeuppance from the public, who don’t really understand how really corrupt and deadly they are. The public is not trained to and can never understand how evil and diabolical these people are. They are willing to take down the entire world economic and financial system to bring about their satanic dreams of world government. The average decent mind cannot conceive of something so evil. These are the people who deliberately wrecked our economy via free trade, globalization, offshoring and outsourcing. America cannot ever recover unless tariffs on goods and services are imposed. The plug has already been pulled on manufacturing. Next is consumer consumption, the next three to four years in housing, then Wall Street, banking and insurance.

The collapse we see in the distance will bring about social dislocation and Martial law. The Illuminists know this and are laying the preparations now to subdue the people. The question is will our military shoot their own fellow citizens? We believe 90% will not. That 10% that attempt to will be killed by their own troops. That is why at this point we believe we can work with the American military. We expect revolutions worldwide, so we do not expect many foreign troops to interfere. Let’s say Argentina sends 30,000 troops to the US, what a perfect time and opportunity for revolution. The entire world is going to be in a terrible state of affairs.

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Written by mrcauser

February 28, 2009 at 9:38 pm

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Guy has it in a nut shell…….

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What I learned from playing all this poker….

You have to know when to fold them.

And never chase good money with bad.

This crash ends when all the bad loans are flushed out of the system. Fold the “underwater” loans. Forgiving you trespassers
is not hot air but necessary to save our ass.

Why chase good money with bad? Picking on fools may satisfy our outrage for a while but it doesn’t rebuild a shattered world economy.

Do you seriously want to solve the credit problem? Kill the all the “national” banks. Shut them down. Close them and start some new ones. No mercy.

Do it yesterday.

Reset everyone’s credit to 640 so the suckers can start over. (My call for complete debt moratorium is coming, one way or the other,yes it is.)

Set credit  lending top limits at %10. Yes that old Bible thumping limit. It has worked for thousands of years.I remember it was the law in upstate N.Y. when we were kids. Foreclosures were rare (I never heard of one) and only used when necessary. Credit card rip off Ponzi schemes were virtually impossible.

Outlaw second mortgages! What are we waiting for? Texas had this as law forever, then they went nuts.

Can you hear me now?

What the fuck were banks thinking, let alone any half wit, that using the roof over your head to fund Disney land trips and shopping sprees was good for your economic health.

Stay away from banks.

Join a credit union and save a few bucks every payday. Borrow small and often, pay it back on time and you’ll be able to buy any thing you can afford. Even if your credit is shaky.

As long as you pay it back.

Oh yeah, kill the lawyers!

(At least this keeps them out of government.)

Anyways the following is from a Russian emigre who watched Russia implode:

ClubOrlov: Social Collapse Best Practices

First: growth, of course! Getting the economy going. We learned nothing from the last huge spike in commodity prices, so let’s just try it again. That calls for economic stimulus, a.k.a. printing money. Let’s see how high the prices go up this time. Maybe this time around we will achieve hyperinflation. Second: Stabilizing financial institutions: getting banks lending – that’s important too. You see, we are just not in enough debt yet, that’s our problem. We need more debt, and quickly! Third: jobs! We need to create jobs. Low-wage jobs, of course, to replace all the high-wage manufacturing jobs we’ve been shedding for decades now, and replacing them with low-wage service sector jobs, mainly ones without any job security or benefits. Right now, a lot of people could slow down the rate at which they are sinking further into debt if they quit their jobs. That is, their job is a net loss for them as individuals as well as for the economy as a whole. But, of course, we need much more of that, and quickly!

So that’s what we have now. The ship is on the rocks, water is rising, and the captain is shouting “Full steam ahead! We are sailing to Afghanistan!” Do you listen to Ahab up on the bridge, or do you desert your post in the engine room and go help deploy the lifeboats? If you thought that the previous episode of uncontrolled debt expansion, globalized Ponzi schemes, and economic hollowing-out was silly, then I predict that you will find this next episode of feckless grasping at macroeconomic straws even sillier.

Written by mrcauser

February 27, 2009 at 8:02 pm

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Free trade is about to die…..

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Back to the future. It can’t come soon enough.

take it from a former “Washington insider” Paul Craig Roberts  who was Assistant Secretary of the Treasury in the Reagan administration.

A Change is Gonna Come- and it won’t be voluntary – iTulip.com

The American economy has gone away. It is not coming back until free trade myths are buried six feet under.

America’s 20th century economic success was based on two things. Free trade was not one of them. America’s economic success was based on protectionism, which was ensured by the union victory in the Civil War, and on British indebtedness, which destroyed the British pound as world reserve currency. Following World War II, the US dollar took the role as reserve currency, a privilege that allows the US to pay its international bills in its own currency.

World War II and socialism together ensured that the US economy dominated the world at the mid 20th century. The economies of the rest of the world had been destroyed by war or were stifled by socialism [in terms of the priorities of the capitalist growth model. Editors.]

The ascendant position of the US economy caused the US government to be relaxed about giving away American industries, such as textiles, as bribes to other countries for cooperating with America’s cold war and foreign policies. For example, Turkey’s US textile quotas were increased in exchange for over-flight rights in the Gulf War, making lost US textile jobs an off-budget war expense.

Written by mrcauser

February 26, 2009 at 8:46 pm

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Sometimes when your right…..

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You really don’t want to be.

Unfortunately it’ll get worse. Just don’t tell any one because they got guns. Heh heh.

Where’s my rope?

Boomer wealth is evaporating – Feb. 25, 2009

NEW YORK (CNNMoney.com) — What a turnaround for the American Dream!

According to a report released Wednesday, the real estate market bust and stock market declines have carved a huge chunk out of the assets of baby boomers, the largest age cohort in U.S. history.

So much home equity has been lost that should boomers need to sell their homes, 30% of those aged 45 to 54 would owe money at closing, according to “The Wealth of the Baby Boom Cohorts After the Collapse of the Housing Bubble,” a report released by the Center for Economic and Policy Research, a Washington, D.C.-based, non-partisan think tank. About 18% of boomers aged 55 to 64 are underwater and would have to bring money to the table.

The CEPR also found that people who were renting homes in 2004 will have more wealth in 2009 than those who were owners. That’s true for all five wealth groups the study analyzed, from the poorest to the wealthiest.

“The collapse of the housing bubble, which led to the current recession, has already destroyed almost $6 trillion dollars in housing wealth for homeowners,” said report co-author Dean Baker. “This reality is compounded by the recent collapse of the stock market. Many baby boomers will only have Social Security and Medicare to rely on in their retirement.”

Written by mrcauser

February 25, 2009 at 8:24 pm

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Ha ha hah ah ah ah……..

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Their trying to kill me. After doubling the budget this year alone we’re going to halve it in the next 4 years.!!!

Why didn’t this genius just leave the budget as is? Save a lot of time even though it  makes lousy TV. After all He has to look Presidential.

Then again, what are they going to come up with when all this “stimulus”  doesn’t work?

Remember after a while, most of the “economy” is government spending or lending. No one can fart without government help or permission. Therefor,  everyone waits for the Fed to decide every detail. Not much of a future there, is it?

Then again, it’s my understanding that it  takes a government running surpluses to cut budgets.

Where’s all this surplus going to come from?

Your house? Confiscate my future SS check? Steal it from my mother’s $900 a month retirement? How about grabbing some more foreign money?

There must  plenty of that left.

Of course, if they bitch we can just bomb them into next week. Heh heh.

Obama pledges to cut nation’s deficit in half – Feb. 23, 2009

WASHINGTON (CNN) — President Barack Obama pledged Monday to cut the nation’s $1.3 trillion deficit in half by the end of his first term.

He identified exploding health-care costs as the chief culprit behind rising federal deficits during a bipartisan “fiscal responsibility summit” convened to discuss ways to restore fiscal stability without deepening the recession.

Written by mrcauser

February 24, 2009 at 7:50 pm

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Ha ha hah ah ah ah……..

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Their trying to kill me. After doubling the budget this year alone we’re going to halve it in the next 4 years.!!!

Why didn’t this genius just leave the budget as is? Save a lot of time even though it  makes lousy TV. After all He has to look Presidential.

Then again, what are they going to come up with when all this “stimulus”  doesn’t work?

Remember after a while, most of the “economy” is government spending or lending. No one can fart without government help or permission. Therefor,  everyone waits for the Fed to decide every detail. Not much of a future there, is it?

Then again, it’s my understanding that it  takes a government running surpluses to cut budgets.

Where’s all this surplus going to come from?

Your house? Confiscate my future SS check? Steal it from my mother’s $900 a month retirement? How about grabbing some more foreign money?

There must  plenty of that left.

Of course, if they bitch we can just bomb them into next week. Heh heh.

Obama pledges to cut nation’s deficit in half – Feb. 23, 2009

WASHINGTON (CNN) — President Barack Obama pledged Monday to cut the nation’s $1.3 trillion deficit in half by the end of his first term.

He identified exploding health-care costs as the chief culprit behind rising federal deficits during a bipartisan “fiscal responsibility summit” convened to discuss ways to restore fiscal stability without deepening the recession.

Written by mrcauser

February 24, 2009 at 7:31 pm

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retire???………

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Uh… No.

Be lucky if we can eat. Hell I know more about this than the criminal class in Washington.

At least when we go fishing we can tell the old lady it’s what’s for dinner. Heh heh.

These clowns had better be grateful my generation is only at the beginning of retiring. (we just started officially  last year in January).

Just imagine several hundred thousand “mad bombers” and Timothy McVeighs.

Think we got enough cops?

How do we feed , clothe and medicate 79 million more pissed off old geezers who will demand their handouts from government, hmm.

We played by the rules: get an education, get a career, kids,house, invest in 401k’s and vote for the assholes who got us into this mess.

Oh these fuckers are going to pay, all right. One way or the other. Putting black guys in charge is not going to save them.

Can’t wait to see it.

Five strategies to rescue your retirement – Feb. 23, 2009

(Money Magazine) — Will I ever be able to retire now? That’s a question you’re likely asking yourself these days. After a year in which your 401(k) has been hammered by the biggest stock losses since the Great Depression, your home equity has been whacked by the collapse of the real estate market and the specter of being laid off looms larger every day, no one can blame you for being skeptical.

In fact, more than two-thirds of the respondents in a recent poll CNNMoney.com poll said they’ll have to postpone their retirement as a result of the current financial crisis; more than a third worried that they’ll be chained to their desks for life.

Now for the good news: You’ve got more weapons at your disposal to win the battle against a hostile economy than you may imagine. Read on for specific strategies to help you position your portfolio for a rebound, take advantage of other financial assets in your arsenal and make the most of the time you have left in the work force.

Written by mrcauser

February 23, 2009 at 6:25 pm

Posted in Uncategorized