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Readers have reported that this story contains information that may not be accurate.Danger - Proof that American Economy & Dollar WILL Collapse watch!
video.google.com — Watch the GAO Accounting office for the government on 60 minutes, telling you what the real deal is? Watch and stand up....research you candidates....each one..... Hillary, Ron Paul, Obama, Huckabee, McCain take a look at each one's views and platforms(Look for yourself dont just watch the news) and see who makes the most sense. PLEASE!
ArmyVet1967- 2004 diggs
- digg it
- lucutus, on 02/18/2008, -9/+195"I like to think that part of why the youngest voters support Ron Paul is that they understand this issue and the financial burden two generations of bad parenting have put upon several generations of America's children.
While many have wrung their hands over drugs, sex and status, the future of this generation has been entirely mortgaged to the Chinese and other foreign holders of our debts. "
The baby boomers I work with openly accept blame and have apologized to me directly for what their generation left us with.- stonebear, on 02/18/2008, -10/+76Don't heap it all on their shoulders. The downfall happened in 1916, when control of the nation's money was given to the international banking cartels; everything since is a direct result of that. It was the parents of the baby boom who had a real shot at revolution, during the great depression, but there was just enough middle class left intact to prevent it. By the time the baby boom had its shot, the middle class of their parents had become large enough that any meaningful social change was literally impossible no matter how much they protested. They should be given credit for what little they did pull off under the circumstances.
With the unrelenting attack on the American middle class today, and the hubris of the banks to rely on a police state to prevent social change instead, this generation may have a real shot at finally overturning the abomination of desolation that has been wrought by the usurers. An elite, high tech police Vs. the raw animal energy of millions of desperate people will be an interesting contest.- Birdoftruth, on 02/18/2008, -0/+26I thought that happened in 1913?
- Awspire, on 02/18/2008, -12/+3Your right. It was summer, and the day was hot. I could remember her finely... oh, wait, wrong day. nvmd.
- mhearne, on 02/18/2008, -1/+11A number of things happened in 1913, including the establishment of the personal income tax, and the creation of the Federal Reserve system.
- mhearne, on 02/18/2008, -1/+11A number of things happened in 1913, including the establishment of the personal income tax, and the creation of the Federal Reserve system.
- Awspire, on 02/18/2008, -12/+3Your right. It was summer, and the day was hot. I could remember her finely... oh, wait, wrong day. nvmd.
- dantrenner, on 02/18/2008, -5/+8Stonebear is correct. It was actually my grandfather's generation who opened the door on the despicable IRS and Federal Reserve both in 1913. There is only one solution to all of this and that's to go back to those forks in the road and stay the straight course. Ron Paul is the only man who might be able to do something about it, if we haven't already waited too long. I give my sacred pledge that I will wirte Ron's name on my ballot if I have to as my part of a voter's revolt. But there could yet be a delegat revolt in the Convention when they realize their horse is an Oath Violator, they are pledged not to the man, but to the country and may well vote for Ron Paul.
- mempko, on 02/18/2008, -5/+3What is funny is that Ron Paul wants to fix this by gold standard. Stonebear would obviously figure out that being a fiat system of money is not the problem. It is having our money controlled by private banking cartels.
- gyrfalcon, on 02/18/2008, -0/+10Ron Paul is not about a gold standard necessarily. He just wants money backed by commodities.
- Birdoftruth, on 02/18/2008, -0/+26I thought that happened in 1913?
- FaithclubDotNet, on 02/18/2008, -2/+37Isn't it a basic flaw in any democracy,"When faced with the chance to vote oneself more money by heaping debt on the next generation, the democracy will vote for it. Or at least elected officials will."
- slezzzter, on 02/18/2008, -1/+38And, of course, this is why the US was founded as a republic. Through the years we've become more democratic (direct election of senators, for instance) and suffered the major flaw of democracy: destruction of minority rights. That is especially, if you agree with Rand, that the individual is the smallest minority.
Although the true author is probably unknown, the progression of democracy attributed to Alexander Tyler seems to be holding well:
"The people go from bondage to spiritual truth, to great courage, from courage to liberty, from liberty to abundance, from abundance to selfishness, from selfishness to complacency, from complacency to apathy, from apathy to dependence, from dependence back again to bondage." and
"A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largess from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship."- chromerium, on 02/18/2008, -2/+6Ouch. Thats a pretty hard judgement. Maybe I should read up on Marx.
- loopist, on 02/18/2008, -0/+1slezzzter, I think that quote isn't nessecarily a true historical quote....but none the less one of the most spot on quotes I've read in a while. I think we are somewhere in the "apathy to dependence" state right now...
http://www.snopes.com/politics/quotes/tyler.asp
- slezzzter, on 02/18/2008, -1/+38And, of course, this is why the US was founded as a republic. Through the years we've become more democratic (direct election of senators, for instance) and suffered the major flaw of democracy: destruction of minority rights. That is especially, if you agree with Rand, that the individual is the smallest minority.
- sjl127, on 02/18/2008, -2/+37Buy ammo - it's only going to go up.
- Yodacola, on 02/18/2008, -22/+6Don't act like an ape
- aphexcoil, on 02/18/2008, -0/+32Easy for you to say in a civilized world but when the ***** hits the fan and people are going hungry ... well, we'll see how thin the social fabric is that keeps humans from diving into their animalistic tendencies ...
- covertbadger, on 02/18/2008, -13/+4But I thought an armed society was a polite society? Is it possible that all the gun nuts have been less than honest with me? I'm shocked, SHOCKED.
- gyrfalcon, on 02/18/2008, -4/+2Armed societies can be any number of things... If there is a depression unfortunately it probably won't be citizens that keep society "polite" but rather martial law.
- aphexcoil, on 02/18/2008, -0/+32Easy for you to say in a civilized world but when the ***** hits the fan and people are going hungry ... well, we'll see how thin the social fabric is that keeps humans from diving into their animalistic tendencies ...
- blackfog, on 02/18/2008, -0/+10Don't be a simpleton and think that force may not be necessary. Give up your means to protect yourself intellectually AND physically, what defense do you have left?
- Yodacola, on 02/18/2008, -22/+6Don't act like an ape
- DogofFire, on 02/18/2008, -26/+12this is such ridiculous propaganda. yeah it's all those "entitlements" (read: almost paying working people fairly for their decades of labor). and it has nothing to do with the trillions of dollars we spending on the military every year. 60% of the federal discretionary budget goes to the military! social security is a self-funded program - paid by workers, for workers. the real fiscal problem in this country is military spending and the exploitative capitalist system itself. but Americans are so mis-educated and propagandized that the second anybody says that, people scream "COMMUNIST!" the next crisis will be oil depletion (not some abstract "fiscal irresponsibility"), and that will make life so hard for working people that they will start to think differently about a cooperative economy and won't have such warm and fuzzy feelings toward the financial aristocracy.
- LuaPron, on 02/18/2008, -4/+8If capitalism is exploitive, then start by quitting your job.
- DogofFire, on 02/18/2008, -13/+5if you think capitalism is so great, why don't you go buy a few factories and a few thousand acres of farmland?
ask the people dying in Iraq if they think capitalism is exploitative. because that's why we're in Iraq - to keep oil prices down and keep capitalism working smoothly. does it make you feel good that millions of people are murdered so you can enjoy riding around in your Hummer?- LuaPron, on 02/18/2008, -2/+11if you think my government's war of aggression in Iraq is a product of economic freedom, I would suggest you take a look at what has been happening since 1913. This war is funded in much the same way as would be expected from a thief.
If you really wish to provide a principled argument against the evil corporate overlords, then you'd better not be serving them. Know that computers, the internet and electricity are all products of capitalists. If your so willing to rail against the system, then participation in it is hypocritical.
If you really want to make some progress toward peace, then I suggest you look toward the types of people who are generally responsible for the killing - the politicians.
- LuaPron, on 02/18/2008, -2/+11if you think my government's war of aggression in Iraq is a product of economic freedom, I would suggest you take a look at what has been happening since 1913. This war is funded in much the same way as would be expected from a thief.
- noctu, on 02/18/2008, -2/+4if he feels the need to defend entitlement programs he probably collect welfare and doesn't work.
- lucutus, on 02/18/2008, -0/+2LuaPron, Though I agree with your point for the most part, just because my ammo was manufactured for/by the government it does not mean I can not shoot a politician with it. Using you enemy's technology against them is generally a good idea. You save a lot of time and effort by not creating your own computer and Internet as opposed to using what is already there.
- DogofFire, on 02/18/2008, -13/+5if you think capitalism is so great, why don't you go buy a few factories and a few thousand acres of farmland?
- hitmonval, on 02/18/2008, -8/+3Word. You speak the truth DogofFire, I don't know why you're getting dug down.
- wbienek, on 02/18/2008, -0/+11He's getting dugg down cuz he's a MORON... only 17-22% of the budget is military.. 60% is entitlements.. and people paying in doesn't cover the tab because the government doesn't and hasn't in the past invested the money, but spent it on MORE entitlements to secure votes.. go get an education DogoFire and maybe your life wont be so miserable.
Here is a link to an easy to understand chart for you...
http://www.icdr.us/atreportweb/images/chart5.jpg google US BUDGET and see 100 more..
- wbienek, on 02/18/2008, -0/+11He's getting dugg down cuz he's a MORON... only 17-22% of the budget is military.. 60% is entitlements.. and people paying in doesn't cover the tab because the government doesn't and hasn't in the past invested the money, but spent it on MORE entitlements to secure votes.. go get an education DogoFire and maybe your life wont be so miserable.
- LuaPron, on 02/18/2008, -4/+8If capitalism is exploitive, then start by quitting your job.
- Samsong, on 02/18/2008, -26/+15Young people support Ron Paul because they want dope legalized...
- ShogunWarPig, on 02/18/2008, -0/+17Think of the tax dollars!
- d03boy, on 02/18/2008, -3/+28There are a variety of reasons to legalize marijuana hemp. It makes a more efficient fuel than ethanol, it can be used to make very soft and durable fabrics and of course it is good for smoking
- mhearne, on 02/18/2008, -1/+10We have a lot more to worry about right now than the drug war dirtbags and their unconscionable laws. I do, however, agree that marijuana and hemp should not be classified as schedule I substances.
- nakani, on 02/18/2008, -1/+5What greater threat do we have to deal with than the violation of our Constitutional liberties?
- dealseeker, on 02/21/2008, -0/+1"What greater threat do we have to deal with than the violation of our Constitutional liberties?"
Other people with their Constitutional liberties.
- mhearne, on 02/18/2008, -1/+10We have a lot more to worry about right now than the drug war dirtbags and their unconscionable laws. I do, however, agree that marijuana and hemp should not be classified as schedule I substances.
- mempko, on 02/18/2008, -1/+2Thats one reason I support Mike Gravel!
- haterofps3, on 02/18/2008, -1/+4I don't see the point in defending my position with facts and truths of hemp when the other side has done nothing but lie, and demonize anyone who disagree with them.
- BESTenemy, on 02/18/2008, -1/+21The problem is not so much that the older generation did not invest into their future. They were promised social programs and benefits for the taxes they paid. Sure, there were a lot more of them, but there were also a lot more taxes collected as a result. If the money was spent where it was supposed to, there wouldn't be a problem. Nowdays they tell us that there is a baby boom crisis and that we won't be able to afford to sustain the aging population, yet parallel to that they tell us to invest into our future, selling the same ***** that tricked our parents into believing everything was going to be alright.
The problem is irresponsible redistribution and reappropriation of funds - the government and the central bank that think they can get away with anything.- mhearne, on 02/18/2008, -1/+5They also neglect to mention that the boomers will be dying in droves about 10 years after they begin to collect.
- andreegal, on 05/18/2008, -0/+1Agreed, its like following the bread to the cage....
- mhearne, on 02/18/2008, -1/+5They also neglect to mention that the boomers will be dying in droves about 10 years after they begin to collect.
- Quakee, on 02/18/2008, -1/+13Its not the fault of the baby boomers. Its the fault of politicians. If the govt promised you a bunch of ***** would you really say no? Are you gonna return your tax refund check if you happen to get a refund? Will anyone? ***** no.
Whats funny to me is that the medicare system the way it is NOW seems to be bankrupting the country and so many people want to make it universal for EVERYONE. Thats not baby boomers talking, thats US... and Michael Moore.
So with the current presidential candidates we either have to choose to destroy the nation through debt and bankruptcy, or through non ending wars...
I already voted for Paul. Now that he's out theres no one left worth voting for.- DanOnTheMoon, on 02/18/2008, -0/+17He's not out. The Revolution is long term project.
- TypeEE, on 02/18/2008, -0/+2As long as you believe in it. The voting record showed that US citizen is not ready.
- DanOnTheMoon, on 02/18/2008, -0/+17He's not out. The Revolution is long term project.
- xkorbin, on 02/18/2008, -1/+30All of these financial issues do not concern me as I have a man in Nigeria transferring money into my account as we speak.
- dealseeker, on 02/18/2008, -0/+10Dr. Josiah Morbewad is done with tranfer please.
May I half ur credit number to forgive you more?
- dealseeker, on 02/18/2008, -0/+10Dr. Josiah Morbewad is done with tranfer please.
- regeya, on 02/18/2008, -7/+6Not the baby boomers I know. If you're not all for building a fence across the southern border, not for making English the only legal language, and not 100% for continuing to blindly follow the Republican leadership on the road to Armageddon in Iraq, you SUPPORT TERRORISTS and are no better than the PINKO COMMIES their generation was DRAFTED to FIGHT in VIETNAM, which was a REAL WAR unlike the LITTLE WAR in IRAQ.
OK, so they're not that completely that bad, but they're close and I've heard some pretty stupid ideas bandied about.
I'd just like to know why fruit-pickers from other parts of the Americas taking sub-minimum-wage jobs are more alarming than people in China and India taking all the blue- and white-collar jobs, and why it's okay for us to go and try to rebuild countries and give aid to people who don't want any.
At least the illegal immigrants made the effort to come HERE to get a handout, and seem to want the help instead of shooting at our troops! Sheesh. Friggin' morons.- mhearne, on 02/18/2008, -3/+3Because there are American citizens, who are NOT mentally ill substance abusers, living in the dirt in their own country, while foreigners prosper.
- mhearne, on 02/18/2008, -3/+3Because there are American citizens, who are NOT mentally ill substance abusers, living in the dirt in their own country, while foreigners prosper.
- Angostura, on 02/18/2008, -9/+6One of those baby boomers was Bill Clinton who, as it happens. He did rather a lot to reduce the deficit.
- mempko, on 02/18/2008, -0/+11Apparently they did it from raiding the social security fund. Sneaky.
- pigfister, on 02/18/2008, -2/+9What a great time now the dollar is at an all time low for the government to introduce the amero!
http://www.youtube.com/watch?v=6hiPrsc9g98
http://www.google.co.uk/search?hl=en&q=amero&btnG= ...- Soulbow2, on 02/18/2008, -7/+5They will say its the only way to keep the country from going broke. Also, Bill Clinton happened to be the president when the economy was doing great, not that he caused us to be prosperous.
- lucutus, on 02/18/2008, -8/+3You are so right! To many people do not know this. One mention of Reganomics to a clinton supporter and your just laughed out of the room.
- lucutus, on 02/18/2008, -0/+3hee hee hee hee
- betterth, on 02/18/2008, -1/+7Amazing how the economy was great for his eight years and instantly turned to ***** before and after.
- Acolyte357, on 02/18/2008, -0/+1Wow good call! It's great that Bill and Al caused the Dot com bubble.
/sarcasm
- lucutus, on 02/18/2008, -8/+3You are so right! To many people do not know this. One mention of Reganomics to a clinton supporter and your just laughed out of the room.
- Soulbow2, on 02/18/2008, -7/+5They will say its the only way to keep the country from going broke. Also, Bill Clinton happened to be the president when the economy was doing great, not that he caused us to be prosperous.
- Narrator, on 02/18/2008, -0/+11Why does the government pay interest to the bankers when it could just print the money? JFK started doing this and we know what happened to him. ( http://www.john-f-kennedy.net/executiveorder11110. ... ) There are some very good criticisms of the way our capitalism is set up. Unfortunately the only one that ever gets any play is Marxism which is a throughly broken and unworkable theory. That's probably the way the banking cartels like it. They present a false choice between our current rigged system and something worse.
- Reaper2806, on 02/18/2008, -4/+2It's just so cute how all the people on this forum rant and rave and don't do anything about it. It's charming, really it is.
Didn't you guys do something called protesting back in the 60s? - VitriolAndAngst, on 02/18/2008, -1/+3Oh crap -- I didn't get any of this loot.
None of the current politicians has a full plan to get us out of this mess. However, Clinton and Obama can help the economy, because innovation is strong in America. It took a lot of effort for Bush, and other Conservative economic policies going back to Reagan to help wipe out our middle class. Really, if you get these crooks out of our way -- it is hard to keep America down. You have to intentionally try to ***** it up by lowering taxes on the wealthy, pushing for cheap credit for banks while giving extortionary fees to credit card holders. Meanwhile, you give importers "free trade" while not hurting "competitiveness" with things like Tariffs, which might actually force companies to pay Americans more money. Then sit back while companies outsource to the lowest wage country, and sell off infrastructure and technology to China and Dubai (which is very involved in terrorist and drug cartel banking).
***** Pee Wee Herman could help our economy -- it really takes a devious and evil mind to screw it up like Bush did. Even Clinton's NAFTA wasn't enough to destroy the middle class.
The REAL solution, if mentioned by a candidate, would mean they never got elected; send an armada of ships to all these offshore banks, and demand the People's money back. Then put executives in Exxon and those hiding in Dubai in prison. Every last bit of the $9 Trillion in debt should be paid by the Banksters, Military War Profiteers, and Big Oil. If the media gives you bad press, just tell them that Habeus Corpus is not in effect until we've set things right.
But that ain't going to happen. And ***** Ron Paul's economic theories would turn us into Mexico. I can understand the anger of the youth for jumping on his bandwagon -- but get a clue. You have to understand how we got here to get us out of this mess.
- stonebear, on 02/18/2008, -10/+76Don't heap it all on their shoulders. The downfall happened in 1916, when control of the nation's money was given to the international banking cartels; everything since is a direct result of that. It was the parents of the baby boom who had a real shot at revolution, during the great depression, but there was just enough middle class left intact to prevent it. By the time the baby boom had its shot, the middle class of their parents had become large enough that any meaningful social change was literally impossible no matter how much they protested. They should be given credit for what little they did pull off under the circumstances.
- bingobongony, on 02/18/2008, -38/+6PROOF!
- SuperWinner, on 02/18/2008, -1/+17PROFIT!
- bobbybobington, on 02/18/2008, -2/+19DEBT!
- ophello, on 02/18/2008, -1/+9CAPS!
- schibs, on 02/18/2008, -0/+4LEEROYYYYYYYYYYYYYYYY...JEENNNKINNNNNNNSSSSSSS!
- hamobu, on 02/18/2008, -0/+1The proof has to do with actuarial science. It will be hard to show you the proof in a little Digg text window
- bobotheking, on 02/18/2008, -67/+40Christ, what is wrong with you people? If something in the economy "WILL" happen, then you can make a lot of money off of it. If they're so sure of things, why don't the Ron Paul fanatics stop complaining and sell short on the dollar in foreign exchange market? That way they'd REALLY get the last laugh. But no, they'd rather saturate Digg with worthless posts like this.
- kaelyiesta, on 02/18/2008, -5/+5Could you go into this idea a bit more? I never had enough money to consider researching trading so its all quite confusing to me.
- pjoslin83, on 02/18/2008, -1/+6http://en.wikipedia.org/wiki/Sell_short
- tekmonkey, on 02/18/2008, -1/+6Hint: don't do it because this video encouraged you to.
- kaelyiesta, on 02/19/2008, -0/+1Actually I was trying to make a point. Unfortunately no one seemed to get it. The point is, this idea is nonsense. The currency problems in our country are long term, (emphasized by semi predictable short term issues that pop up now and then like the housing bubble did) and if the author of this comment bobtheking had listened to this topics argument, instead of attacking us as supposed ron paul fanatics, he would have realized that his argument is not sound. You can't sell short on long term trends, at least not very practically. I was asking him for details facetiously.
- bobbybobington, on 02/18/2008, -4/+18You can hide debt through all sorts of mechanisms, but the fact is debt is debt, and eventually somebody has to pay for it.
- muchachoburacho, on 02/18/2008, -3/+2That's a completely irrelevant response. IF you're so positive that the dollar will collapse and the American economy is gonna fail, then do like what bobotheking said, sell the dollar short in a foreign currency and make tons of money. Stop whining.
- EXreaction, on 02/18/2008, -8/+11You can't make money off of it. If you live in the US and are here when the dollar collapses you are screwed, I don't care if you traded all of your money in for gold. Nobody is going to take your gold because food, water, and essential needs will be worth more than anything after the dollar collapses in the US.
- Protonz, on 02/18/2008, -1/+9Even Russia made a comeback after communism.
You need to do something to prepare. As long as there is a somewhat free market, there will still be food, water, etc. Even if that means ignoring the government and living as part of the underground economy.- kingcam, on 02/18/2008, -5/+3What the ***** are you talking about for almost its entire run the USSR was in a relatively good economic state; bearing in mind that this is a nation that has been modernized from a peasant society into a nation with developed infrastructure in a single decade. The only reason that Russia is so ***** up today is because of the conditions by which it was converted to capitalism, many of those conditions are things that will happen to America if the dollar collapses.
- bjornski, on 02/18/2008, -2/+6Spending all of their money in a military arms race ***** them up pretty badly.
As it's doing to us.
The "terrorists" couldn't have done a better job at destroying the country from the inside. - DanOnTheMoon, on 02/18/2008, -1/+5*****, you call 16 million starving russians back in Stalin's time a good economy? I sure don't. The USSR machine collapsed under its own overcentralized weight.
- whorunbartertwn, on 02/18/2008, -2/+2USSR in a relatively good economic state?
When their people would see pictures of our grocery stores containing full shelves of all that meat/fruit/veggies/bread they were sure it was fake propaganda photos. Consumer electronics that were almost necessities in the West were often available only on the black market. The centralized control of production and price caused drastic over and under production of consumer durables, and the economy was far to rigid to react to a changing world.
- bjornski, on 02/18/2008, -2/+6Spending all of their money in a military arms race ***** them up pretty badly.
- kingcam, on 02/18/2008, -5/+3What the ***** are you talking about for almost its entire run the USSR was in a relatively good economic state; bearing in mind that this is a nation that has been modernized from a peasant society into a nation with developed infrastructure in a single decade. The only reason that Russia is so ***** up today is because of the conditions by which it was converted to capitalism, many of those conditions are things that will happen to America if the dollar collapses.
- Protonz, on 02/18/2008, -1/+9Even Russia made a comeback after communism.
- Protonz, on 02/18/2008, -1/+6You have a VERY valid point. Many libertarians I know are investing in gold as it has a steady value compared to the US Dollar. So there are many libertarians who are making, or at least, saving the value in their dollar.
We are looking at things like the housing mortgage foreclosure crisis, and many smart business people are snatching these houses up at auction for great deals. But this has a great deal of risk, you are depending on the economy picking up before property taxes and utilities sucking up your profit.
Gotta go family guy... - krnldmp, on 02/18/2008, -5/+14Principle. Ron Paul fans are not your described type of "investors" because they're not a bunch of rip-off artists. They actually believe in strengthening the country. Fascinating, isn't it.
- revisrev, on 02/18/2008, -11/+1Everybody who eats Wheaties would lay down their lives for their fellow man! Byah!!
- muchachoburacho, on 02/18/2008, -0/+2It's great to know that only good people support Ron Paul
- XanderDee, on 02/18/2008, -10/+5I have already have. I care about people I guess that's Paulards problem they care when everyone else does not. I think you may be Right that Ron Paul people should stop caring and stare preparing. You can not stop a Hurricane you can only survive it.
- DanOnTheMoon, on 02/18/2008, -1/+7Dugg down for 'paultards'. Funny, you can still call them tards even when they're right, huh? Tard.
- purzzzell, on 02/18/2008, -0/+2I think he may be one - I've referred to RP supporters as Paultards when refuting an anti-RP comment - and I have been on the RP bandwagon for some time.
- DanOnTheMoon, on 02/18/2008, -1/+7Dugg down for 'paultards'. Funny, you can still call them tards even when they're right, huh? Tard.
- SpykerSpeed, on 02/18/2008, -0/+6You can't short a currency long-term. But just look at the markets now, you don't have to read Digg to get the full story. The dollar is falling, and that means people are selling it. Other aspects of our economy that are easily measurable are getting worse. In the short term, people will prop up prices for as long as possible in hopes of making money. They'll wait until the very last minute before all selling at once. Then things get really nasty.
- hotdrop, on 02/18/2008, -0/+6Exactly you cant short long term when you short the market being right isnt good enough you need to be right at the right time
- terminal157, on 02/18/2008, -0/+8And how exactly would that help the hundred million other Americans who would be having trouble buying food?
- whorunbartertwn, on 02/18/2008, -5/+11 in 3 Americans is having trouble buying food? Is that counting people with newer cars, computers, and ipods who would answer a survey saying yes they have trouble budgeting for food?
- terminal157, on 02/18/2008, -0/+4"would be" and "is" mean different things, genius.
- whorunbartertwn, on 02/18/2008, -5/+11 in 3 Americans is having trouble buying food? Is that counting people with newer cars, computers, and ipods who would answer a survey saying yes they have trouble budgeting for food?
- phauwn, on 02/18/2008, -3/+2Ive made a killing shorting the dollar on a 30-1 margin in the last year...plus I live in Europe now.... however, I'm enough of a patriot to not really want to see the US enter a total economic apocalypse. :P
- jbird32275, on 02/18/2008, -0/+1Good advise - I did invest in foreign markets for exactly this reason. Vote Ron Paul!
- kaelyiesta, on 02/18/2008, -5/+5Could you go into this idea a bit more? I never had enough money to consider researching trading so its all quite confusing to me.
- anarchytv, on 02/18/2008, -4/+28Man, can you imagine how awesome that would be. People in massive amounts of debt would be able to pay off all their debt.
- ryan83189, on 02/18/2008, -4/+12As a college student I think that it would be helpful. That is, if my income is adjusted to the POL.
- XanderDee, on 02/18/2008, -3/+20Yes and the people who saved and live on social security will just die. Awesome in deed.
- mdcarso, on 02/18/2008, -1/+2indeed - one word
- hamobu, on 02/18/2008, -3/+3We could use their corpses for fuel, and solve another future impending crisis.
- Navicerts, on 02/18/2008, -0/+2Don't be so calus! We should be 100% effecient with thier lives should we choose to use them.
Giant wheels that they run inside of to produce electricity. When the get weak/tired they simply fall off the wheel onto a conveyor belt where they can be burned for fuel.
- Navicerts, on 02/18/2008, -0/+2Don't be so calus! We should be 100% effecient with thier lives should we choose to use them.
- Ryan83, on 02/18/2008, -0/+6I have $180,000 in student loan debt. Luckily my grad degree is marketable overseas. I look forward to moving to Europe, being paid in Euros, and repaying the dollar loans with a 3/1 exchange rate.
- ryan83189, on 02/18/2008, -26/+5The dollar will fall if you tell everyone the dollar will fall. If the dollar falls, the dollar falls faster.
- BESTenemy, on 02/18/2008, -1/+12Alan Greenspan had the same thought - he expanded easy credit and false optimism. He said that when people panic, they stop spending and that is bad for the economy. The role of the FAD is to make things seem better than they actually are, to keep people spending, cause they don't actually have the wisdom to see what's good for them and for the economy. Well... look at where his logic got us.
- nooreazy, on 02/18/2008, -6/+69No ones gonna do ***** about it. and then America will get its wake up call, sad that were gonna have to take it the hard way
- biotch, on 02/18/2008, -9/+2One thing people need to do first is figure out what constitutes proof. Then we can go about figuring out what to do about something like this.
- gyrfalcon, on 02/18/2008, -2/+9Compared to global warming/cooling, etc... There is more than enough evidence to constitute proof that the US is going to have severe financial problems.
- biotch, on 02/20/2008, -2/+1Im sorry but that article was not proof. Its relation to global warming is irrelevant. If you think it is proof, you are part of the problem.
- gyrfalcon, on 02/18/2008, -2/+9Compared to global warming/cooling, etc... There is more than enough evidence to constitute proof that the US is going to have severe financial problems.
- biotch, on 02/18/2008, -9/+2One thing people need to do first is figure out what constitutes proof. Then we can go about figuring out what to do about something like this.
- lostdiggacct, on 02/18/2008, -52/+30Digg me down, whatever, but I've been using Digg for a couple years now reading articles about how America is going to implode but it hasn't happened yet, like it was predicted about every week.
Seriously though folks, these tinfoil-hat articles are useless. Get up and ***** do something about it if it's that bad, pussies.- maddla, on 02/18/2008, -8/+21You obviously look at things on a much smaller scale. Human beings haven't been around for that long let alone our current economic system. Luckily we have certainly survived for quite a while on our current system, but the entire system is based on DEBT, don't believe me... well your an idiot. We ARE heading toward economic CHANGE, not doom and gloom unless you consider we ALL have to change our way of living drastically to bail ourselves out of this ***** hole. Change will happen, it will be abrupt and it will hurt. Preparing for the pending change is what the ENTIRE point the Comptroller of the GAO is saying.
- gazaa, on 02/18/2008, -6/+3"well your an idiot"
.....................- Rodman930, on 02/18/2008, -3/+3We better just believe him to avoid becoming mentally handicaped.
- gyrfalcon, on 02/18/2008, -0/+1Yeah I forgot how Digg has been around for so looooong.
- Rodman930, on 02/18/2008, -3/+3We better just believe him to avoid becoming mentally handicaped.
- gazaa, on 02/18/2008, -6/+3"well your an idiot"
- mexicanmonkey, on 02/18/2008, -5/+32 this guy is saying that America is going to implode when all the baby-boomers start to retire and put a huge strain on the health care system from 2010 to 2040. The top accountant of the entire country says that the US will hardly have enough cash to pay the interest rates on what they owe. Did you watch the whole video? Seems like a good argument to me.
- orca94, on 02/18/2008, -7/+7If the U.S. is going to implode because of entitlements then Japan and the E.U. will supernova. We don't have an aging population anywhere near that of Japan's and the E.U.'s (or China for that matter, but China doesn't have entitlements) or entitlements on the scale of the E.U. or Japan. Basically the video is then arguing that the whole world is *****. Because frankly, if the E.U., United States and Japan's economies (or any two, or even one) crash every country on the planet is *****.
It's debt, deal with it, it's not the end of the ***** world. - Outdoor83, on 02/18/2008, -4/+5Our economy won't crash. Americans, and people in general, are nothing if not completely ingenious when forced to solve a problem with limited resources. Gas starts to get expensive? Look to alternatives. Dollar starts to get weak? Demand political change to spend less. We respond late to problems, but generally not TOO late.
As long as everyone keeps going to work, producing things, there will be no crash in this country as there will still be enough "stuff" to go around. We didn't really understand that in the 1920's, and most monetary policy at that time simply made the matter worse. I have heard from numerous sources that our knowledge of how the economy works will prevent the Great Depression from repetition.
Also, debt *in of itself* is not bad, as long as your economy expands past the rate at which you are accumulating debt. Right now, we aren't. But that can change: we can add to our debt, grow at a faster rate, and be better off.
- orca94, on 02/18/2008, -7/+7If the U.S. is going to implode because of entitlements then Japan and the E.U. will supernova. We don't have an aging population anywhere near that of Japan's and the E.U.'s (or China for that matter, but China doesn't have entitlements) or entitlements on the scale of the E.U. or Japan. Basically the video is then arguing that the whole world is *****. Because frankly, if the E.U., United States and Japan's economies (or any two, or even one) crash every country on the planet is *****.
- Richandler, on 02/18/2008, -9/+6Do you believe in Global Warming? Because I see the world ending because of that too on digg every week.
- masterm1nd, on 02/18/2008, -6/+5To be fair it wouldn't happen for a while, but it's still 90% *****.
- chrisbarr, on 02/18/2008, -4/+3well, chances are both will happen at the same time.
- link5280, on 02/18/2008, -4/+6Think past tomorrow! Why has the dollar fallen over the last 10 years to every currency in the world? You haven't seen articles where celebs and musicians want their contracts adjusted so payments are in foreign currencies? Now ask yourself why!
- annonimality, on 02/18/2008, -3/+3The dollar has not "fallen over the last 10 years to every currency in the world" - China pegs its currency to the dollar, so as the U.S. dollar falls so does the Yuan. The Bush administration is devaluing the dollar intentionally (or promoting its devaluation as the Federal Reserve actually controls fiscal policy), and for the same reason China is intentionally devaluing its currency - to promote the sale of exports and discourage the sale of imports.
- maddla, on 02/18/2008, -8/+21You obviously look at things on a much smaller scale. Human beings haven't been around for that long let alone our current economic system. Luckily we have certainly survived for quite a while on our current system, but the entire system is based on DEBT, don't believe me... well your an idiot. We ARE heading toward economic CHANGE, not doom and gloom unless you consider we ALL have to change our way of living drastically to bail ourselves out of this ***** hole. Change will happen, it will be abrupt and it will hurt. Preparing for the pending change is what the ENTIRE point the Comptroller of the GAO is saying.
- ZackWolk, on 02/18/2008, -20/+10haha @ the afraid. Analysts that proclaim Armageddon are not taking Human innovation into account. Nothing is inevitable.
- JulyZerg, on 02/18/2008, -1/+5Death is, but nothing else.
- SpykerSpeed, on 02/18/2008, -3/+5Human innovation? You mean like raising taxes? Eliminating benefits? The economy would have to grow at breakneck speed for decades straight in order for the US government to fulfill its obligations.
- Outdoor83, on 02/18/2008, -0/+3This isn't new: we've known social security is hosed for years. The likely outcome is that benefits will start to go down, regardless of how people hate it, and some very pissed-off baby boomers won't retire. They'll work to 70, 75, or later, and that'll *greatly* help the problem. Social Security will revert to a baseline standard of living, not something that people think you can survive off of as your sole means of income.
- SpykerSpeed, on 02/18/2008, -0/+2Depends on who comprises the voters. If the baby boomers continue to vote in larger numbers than younger generations, they'll continue to get their full benefits and taxes will keep going up for the younger folks.
- Outdoor83, on 02/18/2008, -0/+3This isn't new: we've known social security is hosed for years. The likely outcome is that benefits will start to go down, regardless of how people hate it, and some very pissed-off baby boomers won't retire. They'll work to 70, 75, or later, and that'll *greatly* help the problem. Social Security will revert to a baseline standard of living, not something that people think you can survive off of as your sole means of income.
- d03boy, on 02/18/2008, -4/+1So how can you fix this? Any bright ideas? You're a dumbass?
- DrCyclops, on 02/18/2008, -3/+3What are you, some kind of optimist?
Man, if only you guys were ever right. We'd be living in a utopia by now.- gyrfalcon, on 02/18/2008, -1/+2Ignorance is bliss...
- postaboy, on 02/18/2008, -2/+3Not only is he forgetting about human innovation, he's forgetting about our deepening in both human and physical capital, the increasing quality of our labor force, and exponential technological changes. All of these have helped us sustain growth through increased productivity for centuries now.
- NinjaPig, on 02/18/2008, -20/+42I'm mad as hell, and I'm not gonna take it anymore!
- nightmare1228, on 02/18/2008, -5/+3Apparently, you seem to be mad says this comment and the other two below us.
- NinjaPig, on 02/18/2008, -0/+4yeah, the comment wouldn't go up the first time so i tried it again
and again trying to change the word hell because i thought there was a filter- spoonyinc, on 02/18/2008, -0/+6I dont know why you're being dugg down, NinjaPig. That quote is from an awesome movie from the 70s that is still very relevant today.
- Merendino, on 02/18/2008, -0/+5I can't believe you're getting dugg down... Network, is a great film, and hell, this has all the implications to go exactly with this story.
- TypeEE, on 02/18/2008, -2/+2and?
- NinjaPig, on 02/18/2008, -16/+11I'm mad as hell and I am not going to take it anymore!
- rebe01, on 02/18/2008, -0/+3Network = Great movie.
- NinjaPig, on 02/18/2008, -16/+9I am mad as heLL, and I'm not going to take it anymore.
- Minutemanjones, on 02/18/2008, -4/+267Does anybody else have the feeling that our government would suck at SimCity?
- mknoll1, on 02/18/2008, -6/+42could you imagine playing SimCity where 3 people had to agree on every move. Now Imagine playing with 30 people (in 2 different rooms) having to reach a majority for every move. Now imagine 20X that and you have the Congress. I would expect a crappy Sim CIty game as well.
- dagamer34, on 02/18/2008, -6/+12I hope you're not suggesting we have a dictatorship. That's like having the one person playing the game be George W. Bush.
- KrazyA1pha, on 02/18/2008, -3/+18He was basically saying that government bureaucracy gets in the way of real decision making and common sense. I doubt he was in any way advocating a dictatorship.
- dagamer34, on 02/18/2008, -6/+12I hope you're not suggesting we have a dictatorship. That's like having the one person playing the game be George W. Bush.
- ArchiTech, on 02/18/2008, -1/+12By far, the most logical comment made regarding this subject.
- asurroca, on 02/18/2008, -2/+8Yeah, especially now that the latest SimCity has takes global warming into account!
- bjornski, on 02/18/2008, -0/+6The latest one sucks major ass. I was SEVERELY disappointed.
NO company should be able to use the "Sim" name besides Maxis.
- bjornski, on 02/18/2008, -0/+6The latest one sucks major ass. I was SEVERELY disappointed.
- outkaster, on 02/18/2008, -0/+31They can't stop using the cheat code for more money.
- hoovcluck, on 02/18/2008, -6/+1I like the P-O-R-N code
Can't get e-n-n-n-n-n-ough! - kesam, on 02/18/2008, -1/+4The 'Issue Bond' button isn't a cheat code. They just think it is.
- arjung, on 02/18/2008, -1/+1except there's no inflation in sim city.
- hoovcluck, on 02/18/2008, -6/+1I like the P-O-R-N code
- tgc1, on 02/18/2008, -6/+2Dude, the ***** computer would have caught on fire and committed suicide by now.
- Harbinger67, on 02/18/2008, -0/+5It's a shame that there isn't a "No Disasters" button for them to use.
Then again, I could be wrong in my recollection that there was an "Ignorant Shrubberies" option in the disaster menu...- tms8707056, on 02/18/2008, -4/+1I see what you did there.
- Roryking, on 02/18/2008, -1/+8YOU CAN'T CUT FUNDING FOR TRANSPORTATION! YOU WILL REGRET THIS!!!
- BeyondDGrave, on 02/18/2008, -2/+2ha. ha. ha. ...
- Reaper2806, on 02/18/2008, -4/+1Top quality, right on the money.
Now try to picture George Bush playing Spore. What horrors would he create? Where would he put the feet?- BingoPower, on 02/18/2008, -0/+3In his mouth.
- enri, on 02/18/2008, -0/+2Bush's handlers would not allow him to play Spore because it is based on evolution.
- govsucks, on 02/18/2008, -1/+4The government sucks at everything it does buddy. All things should be left to people who have a vested interest in making things work.
- Atertract, on 02/18/2008, -0/+2In Lords of the Realm II I let my people starve so I could focus on pouring boiling oil on pikemen, so I can empathize with a government that isn't concerned with me unless I'm trying to cross the moat with a ladder.
- cfulp, on 02/18/2008, -0/+4That's funny. My roommate and I already compare our government to Civ 4. They're just waiting to implement police state! If only we had a great prophet.
- TypeEE, on 02/18/2008, -0/+1Bush is pushing at all of the disaster buttons.
- mknoll1, on 02/18/2008, -6/+42could you imagine playing SimCity where 3 people had to agree on every move. Now Imagine playing with 30 people (in 2 different rooms) having to reach a majority for every move. Now imagine 20X that and you have the Congress. I would expect a crappy Sim CIty game as well.
- medalian1, on 02/18/2008, -4/+23Just another thing I can thank old people for!
- Branyers, on 02/18/2008, -1/+3Yep, and they wonder why they get very little respect from the younger generations.
- tsos2, on 02/18/2008, -2/+6Well, you also need to remember that many in the older generations were fed the belief that "everthing was ok" by the MSM. Being 42 myself I've seen the difference in the way things are now and the way they were. It used to be that when "Uncle Sam" gave his word you were led to believe it was the truth. Well, people have begun to see the lies over the last 10-20 years or so. The true "resposibility" lies with wall street and the "those behind the scenes". Over the last 10-20 years, the internet has opened a lot of eyes and "those behind the scenes" do not like it one bit. I wouldn't be suprised if one day we wake up and the internet will have mysteriously been disabled by "terrorists". If that happens, standby for the real stuff to hit the fan.
- zcreem, on 02/18/2008, -0/+2You'll be old one day, just see much you're appreciated by the younger generation then.
Jivers, Beatniks, Hippies, Punks, Rappers, .....- holzp, on 02/18/2008, -0/+1iKids™
- Haohmaru, on 02/18/2008, -0/+2Every generation blames the one before it while things just continue to get worse.
- caponumen, on 02/18/2008, -5/+32Better hide your gold really well......
- orca94, on 02/18/2008, -5/+7Because Gold would be really useful in a post Western economic crash world.
- aukxsona, on 02/18/2008, -2/+1Metal detector..... better trade your assets
- tgc1, on 02/18/2008, -0/+8***** gold. You better hope they don't come for your HOUSE!
- azimir, on 02/18/2008, -1/+6Own it. Sadly, eminent domain sucks.
- tgc1, on 02/18/2008, -1/+2Own it? Like people OWN gold? What are you getting at? If they come up with a way to take your gold, they sure as ***** have already figured out a way to take your house. The banks do it every single day.
- Richandler, on 02/18/2008, -20/+115Yeah, there is only one actual elected official talking about the financial irresponsibility and his name isn't Obama.
- orca94, on 02/18/2008, -36/+19Yeah, his name is Ron Paul, and that's because he's advocating it through his plans to abandon fiat currency and other just as nutty plans.
- petrodollar, on 02/18/2008, -8/+15No, the gold standard will be so much better because it will prevent the government from printing more paper money. Don't ask me how or why, it just will.
- Ayanamifan, on 02/18/2008, -5/+9The government should only be allowed to print as much money as the gold it has on hand. When the gold runs low, you need to spend money and use resources, which would help to stimulate the economy, to go out and mine some more.
I don't see how people believe that just ... printing money is a good idea. The money is only worth anything because the people are fooled into believing its worth something. The rest of the world is starting to realize this. Why is it a hard concept?
Is it seriously ok just to print bills and expect them to be worth the same amount?- orca94, on 02/18/2008, -6/+9Wrong. Currency isn't a measure of a nation's wealth in terms of precious metals. It's a vehicle facilitating the exchange of wealth (for goods, services etc...) in a regulated, recognized and trusted method. Why should the amount of currency a country produces be tied to the amount of precious metals it owns? That doesn't make a lick of sense. The total value of the U.S. economy in a year far outweighs the total gold reserves of the largest 50 or so gold reserves in the world. Saying currency has to be gold backed is asserting that the only thing of worth in the economy are precious metals, the discovery of which is erratic and the value of which is insignificant when compared to the world economy.
- gyrfalcon, on 02/18/2008, -2/+3"Why should the amount of currency a country produces be tied to the amount of precious metals it owns?"
Ron Paul is not about a gold standard, but rather backing money on commodities... Gold is one commodity that's very good to do this with. There are other commodities that are good too. - nakani, on 02/21/2008, -0/+1@orca94: That's the point of competing currencies backed against an array of commodies: silver, gold, timber, platinum, coal, etc.
- adeptation, on 02/18/2008, -0/+1You do know that the gold standard is bad. It causes deflation which is worst than inflation. What we need to do, as Ron Paul stated, is accountability of the Federal Reserve. Read up on your economics before you make claims that the gold standard is better than now. What caused this whole ordeal to happen is giving the Federal Reserve too much control and almost little to no accountability for what they do. I say have an open forum on how they conduct and make their decisions.
- Ayanamifan, on 02/18/2008, -5/+9The government should only be allowed to print as much money as the gold it has on hand. When the gold runs low, you need to spend money and use resources, which would help to stimulate the economy, to go out and mine some more.
- DanOnTheMoon, on 02/18/2008, -2/+13Is the bury brigade so rabid that you ***** will bury every comment that even mentions Ron Paul? You bastards, I'm off to bury 80 pages worth of Obama spam.
- gyrfalcon, on 02/18/2008, -1/+3
Yay, I could use the help... Fight fire with fire!
- gyrfalcon, on 02/18/2008, -1/+3
- petrodollar, on 02/18/2008, -8/+15No, the gold standard will be so much better because it will prevent the government from printing more paper money. Don't ask me how or why, it just will.
- nakani, on 02/18/2008, -4/+3Obama may not have a plan to get us out of this financial crisis.... but at least he's not Bush!
amirite? right, amirite? YESSSSS WEEEEE CAAAAAAAAAN - andreegal, on 05/18/2008, -0/+1Nice Jab
- orca94, on 02/18/2008, -36/+19Yeah, his name is Ron Paul, and that's because he's advocating it through his plans to abandon fiat currency and other just as nutty plans.
- Look4Truth, on 02/18/2008, -5/+9People had better wake up and prepare for what's coming before it's too late. We might not have much time...
http://digg.com/business_finance/Global_systemic_c ...- MAGZine, on 04/22/2008, -0/+4Too late.
- masterm1nd, on 02/18/2008, -8/+13I'm pretty sure it's impossible to prove something that has yet to be...
- Tehrab, on 02/18/2008, -4/+12While you are correct, in literal terms, you are catastrophically ignorant in figurative terms.
It doesn't take much insight or brains to grok the current state of affairs. It takes even less to understand that something needs to be done.- masterm1nd, on 02/18/2008, -3/+3And how exactly would you know I'm "catastrophically ignorant" as I made no mention into the current state of affairs. I'm pretty sure it's also impossible to read my mind.
- d03boy, on 02/18/2008, -2/+3don't be so sure about that... you don't look like you're wearing your tin foil
- masterm1nd, on 02/18/2008, -1/+4But I am, that's why it's impossible.
- d03boy, on 02/18/2008, -2/+3don't be so sure about that... you don't look like you're wearing your tin foil
- masterm1nd, on 02/18/2008, -3/+3And how exactly would you know I'm "catastrophically ignorant" as I made no mention into the current state of affairs. I'm pretty sure it's also impossible to read my mind.
- taskrok, on 02/18/2008, -2/+5If I see an apple drop from a tree, i can safely assume that it will hit the ground.
- whorunbartertwn, on 02/18/2008, -4/+2Gravity is a theory and I don't accept it.
- nakani, on 02/18/2008, -1/+2I don't suppose you'd mind walking off a cliff for us then
- masterm1nd, on 02/18/2008, -1/+2Gravity has *already* been proven to exist. We don;t fully understand it, but we know it's there. If you could predict that apple falling when gravity does not exist, then you'd have a comparison.
- brownrabbit, on 03/05/2008, -0/+1'Gravity', as a force, does NOT exist. It is the effect of other forces. 'Gravity' is a concept to explain an observation and so you cannot therefore PROVE that it exists.
"In general relativity, the effects of gravitation are ascribed to space-time curvature instead of a force."
http://en.wikipedia.org/wiki/Gravity#General_relat ...
http://en.wikipedia.org/wiki/Quantum_gravity#The_g ...
- whorunbartertwn, on 02/18/2008, -4/+2Gravity is a theory and I don't accept it.
- brownrabbit, on 03/05/2008, -0/+1Then why does anyone pay insurance? I hate insurance.
- Tehrab, on 02/18/2008, -4/+12While you are correct, in literal terms, you are catastrophically ignorant in figurative terms.
- z3r0c0O1, on 02/18/2008, -37/+90Americans have the opportunity right now! Just ***** vote for Ron Paul! Is it that ***** hard to understand?
- doommetal, on 02/18/2008, -5/+9hell ya!
- grungegbunny, on 02/18/2008, -10/+31Time to face the facts, McCain is getting the nod.
- tgc1, on 02/18/2008, -5/+4He's also going to get the boot, if he's ever elected.
- fokov, on 02/18/2008, -1/+1He won't get elected. If it comes down to McCain or Obama. I'll take the socialist and get ***** one little bit less. Now if it comes to Hilary and McCain, I'm clueless as what to do because this country will be officially full of morons.
- tgc1, on 02/18/2008, -5/+4He's also going to get the boot, if he's ever elected.
- xsquirrel378x, on 02/18/2008, -4/+17RP: the answer to america's problems since 2007
- BESTenemy, on 02/18/2008, -3/+9Since 1988 - the last time he ran for office.This is his second attempt as a republican instead of libertarian.
- nakani, on 02/18/2008, -1/+3You mean the last time he ran for president? And he was running on the Libertarian, not Republican, ticket.
- BESTenemy, on 02/18/2008, -3/+9Since 1988 - the last time he ran for office.This is his second attempt as a republican instead of libertarian.
- ShogunWarPig, on 02/18/2008, -2/+8Or do some research and vote for the potential elected officials that aren't just tools and are trying to do things about these problems.
- gyrfalcon, on 02/18/2008, -0/+2Such as?
- TypeEE, on 02/18/2008, -2/+1At least obama is not taking lobbyists' money.
- gyrfalcon, on 02/18/2008, -0/+2Such as?
- chuckDontSurf, on 02/18/2008, -4/+5Yes, Ron Paul is the messiah that will solve all our problems! All hail Ron Paul!
- fokov, on 02/18/2008, -1/+2He isn't the solution, but will allow us to decide real solutions to our problems, not have some group of people that will never understand you make it for you.
- chuckDontSurf, on 02/20/2008, -1/+1Ah yes, because Ron Paul "understands" me. He feels my pain, right?
- fokov, on 02/18/2008, -1/+2He isn't the solution, but will allow us to decide real solutions to our problems, not have some group of people that will never understand you make it for you.
- NamelessCoward, on 02/18/2008, -11/+3ts;dw
- phogasmic, on 02/18/2008, -9/+17yes America is in debt far over its head. And our economic system is headed for a North American Currency similar to the Euro. Its inevitable, but it is far from signaling breadlines and food riots.
- jaymzdean, on 02/18/2008, -1/+13Fearful thinkers will digg the hell out of that. "Breadlines and food riots? Holy ***** *****! Not here! We are IMMUNE!!"
- LetsGoHawks, on 02/18/2008, -3/+3And the Euro has been such a disaster for Europe.....
- joelito, on 02/18/2008, -3/+2And I don't really understand what all the fuss about establishing a "North American Union". I mean, AFAIK, wasn't a similar concept that created the USA after all?
- SpoonerMcgavin, on 02/18/2008, -1/+2Please don't try to suck Canadians in with your country's problems
- DogofFire, on 02/18/2008, -15/+13What's really going to make the economy go down the toilet is oil depletion. Oil could be up to $500 a barrel by 2020. That was the real reason for the invasions and occupations in the Middle East (Iraq) and Central Asia (Afghanistan). Note: the 9/11 hijackers were from Saudi Arabia and funded by a Pakistani general. So why did we invade Iraq and Afghanistan instead? The answer is obvious. Read up about "peak oil."
- form3hide, on 02/18/2008, -10/+7Oh jesus christ, shut the ***** up already.
- jaymzdean, on 02/18/2008, -11/+7*****. 911 was carried out by the Mossad with the help of stand down orders from Cheney. That's a fact, regardless of your opinion on the subject.
- Derelict267, on 02/18/2008, -10/+3Common belief among Ron Paulites: The jews are behind everything.
- jaymzdean, on 02/18/2008, -2/+11Take your anti-semite accusations and shove 'em up you're ass. If I say something against the KKK, that doesn't make me anti-white and if I say something about AIPAC or Zionists, that doesn't make me against Jews. Grow the ***** up.
- Derelict267, on 02/18/2008, -9/+2Who called you an anti-semite? I don't see anyone...Hm...Oh wait you assume I am calling you one because im part of the conspiracy aren't I? I'm a jew aren't I?
- mhearne, on 02/18/2008, -0/+9Don't forget that Arabs and Bedouins are Semites as well. They are all decendants of Isaac, and that's where the rift began.
- mhearne, on 02/18/2008, -0/+9Don't forget that Arabs and Bedouins are Semites as well. They are all decendants of Isaac, and that's where the rift began.
- DanOnTheMoon, on 02/18/2008, -1/+8Us JPFO (Jews for the Preservation of Firearms Ownership) types are big Ron Paul supporters, I'm also a precinct captain and a delegate for Ron Paul. Please abandon the sort of groupthink that says that RP supporters are anti semitic, because that's nonsense. All of us Red Sea Pedestrians should be Anti-Authoritarians by now.
- Derelict267, on 02/18/2008, -10/+3Common belief among Ron Paulites: The jews are behind everything.
- postaboy, on 02/18/2008, -1/+7When faced with scarce resources like oil, prices would indeed drive so high up that there would be no demand. Instead the search for substitutes would be stimulated and over time our dependency would dissipate. So stop worrying about it.
- Digg90210, on 02/18/2008, -1/+4Any transition like that on a large scale is going to take decades. And don't forget 500 million new cars in China.
- Logicexe, on 02/18/2008, -1/+3Exactly, that's what's dangerous about peak oil. Sure we'll find other ways of producing and storing energy but what are we going to do with the hundreds of millions of cars out there? Where are the trillions of dollars necessary to move away from oil going to come from? We've essentially put all of our eggs in the fossil fuel basket. Peak oil is not going to destroy our civilization, but it sure is going to make the next couple of decades difficult during the transitional period.
- Digg90210, on 02/18/2008, -1/+4Any transition like that on a large scale is going to take decades. And don't forget 500 million new cars in China.
- Aphelion27, on 02/18/2008, -18/+68Well,
I converted my money to other currencies (not USD) this weekend. The economy is collapsing, the dollar is falling. I have about 400k in student and mortgage debt right now. After I finish medical school I will practice outside the US and pay it back with Euros.
Oh, and I will vote for an OB/GYN because he is the only Candidate that has a clue. The media is corrupt and is misleading the American people for some reason. Perhaps something similar to Venezuela?
I Hope America Wakes up and takes the country back, but it just looks too bleak until News Corp is destroyed.- orca94, on 02/18/2008, -22/+10HAHAHAHA. You dumb *****. These idiots have been calling out a dollar and economic collapse every week for the past few decades now and the only thing that's stayed constant is the cyclic tendency of the economy and currency exchange in relative worth terms. Way to buy an over valued asset. No wonder you're $400k in debt. I have a bridge I can sell you for $600k, it's made of toothpicks and spit, it's a bargain in your book, dollars are worthless right?
Have fun with that.- Volaitle86, on 02/18/2008, -12/+4have to agree with you orca
- aleone31, on 02/18/2008, -2/+14Wow - I just did some research and indeed they have been calling it a collapse for thirty years. So just to be clear -- you are arguing it is not a collapse because according to the exchange rate of USD to YEN the dollar is worth 51% of what it was in 1978. How much further would it have to go to be a collapse in your mind?
- orca94, on 02/18/2008, -8/+4Holy *****, how thick are you guys. A collapse or crash implies a SUDDEN and EXTREME loss in value. Nothing that's happened to the dollar in the past few years indicates it has crashed of collapsed. In fact everything indicates it's business as usual, i.e. a cycle. Things go up, others go down, then they go down and others go up. The Euro is on top right now, and the Dollar is on the bottom, 3-4 years from now it'll be the other way around. Welcome to how the world works and has for the past few decades.
Btw, I'd love to see this so called research. I could use a good laugh right now, especially since what I'm saying is clearly evident from looking at any random finance sites historical currency exchange rate graphs. Choosing discrete points in time to prove your points doesn't work, it's all about trends.
- orca94, on 02/18/2008, -8/+4Holy *****, how thick are you guys. A collapse or crash implies a SUDDEN and EXTREME loss in value. Nothing that's happened to the dollar in the past few years indicates it has crashed of collapsed. In fact everything indicates it's business as usual, i.e. a cycle. Things go up, others go down, then they go down and others go up. The Euro is on top right now, and the Dollar is on the bottom, 3-4 years from now it'll be the other way around. Welcome to how the world works and has for the past few decades.
- d03boy, on 02/18/2008, -2/+5Were you aware that Iran opened up their Oil Bourse today? watch the economy on tuesday
- orca94, on 02/18/2008, -7/+3There's always something with you whack jobs. When nothing happens on Tuesday will you promise to never speak again?
- d03boy, on 02/19/2008, -1/+1yes
- orca94, on 02/24/2008, -1/+1Nothing happened, never speak again.
- bjornski, on 02/18/2008, -0/+4I'm waiting for the bombing to start now.
- orca94, on 02/18/2008, -7/+3There's always something with you whack jobs. When nothing happens on Tuesday will you promise to never speak again?
- betterth, on 02/18/2008, -3/+2You're a stupid retard. He's in MEDICAL SCHOOL. That's at least half, if not more of the 400k.
You think a MD is a waste of money? Well, when's making 120,000-200,000 pounds or euros a year and paying off his massively devalued loans in three years, maybe you'll think differently.
Kudos to you man, I'm on the same track as you, albiet a few years behind you.
- phybere, on 02/18/2008, -4/+50Wait, you're 400k in debt and you have money to convert to a different currency?
- d03boy, on 02/18/2008, -3/+6you live in america. It makes perfect sense to me
- regeya, on 02/18/2008, -3/+2phybere, if I had 100 thumbs up to give you, I would.
- betterth, on 02/18/2008, -1/+7Mortgage and student loans.
Since you're apparently financially retarded, let me clue you in to how finances work. If you have 1000$, and you have a mortgage on a house and medical student loans, you don't neccesarily instantly pay down your mortgage or student loan.
In many, many cases you can make more money investing your 1000$ at a better return rate than you are paying in interest on the loans, both of which are traditionally very low interest.
But hey, don't mind me. Continue with the "not understanding how to make money" bit. - TypeEE, on 02/18/2008, -0/+1He issued his own bonds.
- TheG2, on 02/18/2008, -4/+15Taking financial advice from a video you saw on Digg...well done sir, well done.
- tgc1, on 02/18/2008, -4/+5Did you not notice that the guy in the video giving the advice, was FROM THE GOVERNMENT?! What does that tell you? That wasn't Joe Shmoe the wanna be banker or whoever.
- TheG2, on 02/18/2008, -0/+3But isn't the whole idea behind the rants and threads in this Digg thing to stand up against the goverment? You can't have it both ways.
- tgc1, on 02/18/2008, -4/+5Did you not notice that the guy in the video giving the advice, was FROM THE GOVERNMENT?! What does that tell you? That wasn't Joe Shmoe the wanna be banker or whoever.
- BeyondDGrave, on 02/18/2008, -0/+3I am doing almost the exact same thing...
- monkeypaw, on 02/18/2008, -1/+1I hope you guys are also changing your citizenship. You're going to lose money on the conversion from dollars to any other currency - it's built into the exchange. You will have to pay taxes in whatever other country you work in. If it's in Europe you can expect it to be > 40%. If you keep your citizenship here, then you also have to pay US taxes for income earned overseas. US taxes must be paid in dollars - and you'll lose money yet again on the conversion back to the dollar. So good luck with that.
- purzzzell, on 02/18/2008, -1/+3Funny, I'm hoarding dollars b/c they're devalued and easy to get right now.
- sanotaan, on 02/18/2008, -0/+5you do realize doctors there make a fraction of what doctors here make, right? something on the order of 33%. further, if you're an american citizen working abroad, there's the possibility (though not inevitability) that you will have to pay income taxes to the host country as well as to US even though you're working abroad and getting paid in some other currency...
think that strategy over and evaluate the dollar's (and euro's/pound's) situation again as you near the close of your schooling.- brad3378, on 03/01/2008, -0/+1There's a lot of pressure in the Medical community to cut costs lately - but how?
All doctors must go to medical school.....and it's damn expensive. The cost of a Doctor's education MUST be accounted for in their pay scale or else nobody would want to risk bankruptcy after spending 8 years in an expensive medical school.
The Democrats want to create a socialized medicine program to offer health insurance to everybody. With the extra needs of aging baby boomers and "free" health care for all, there's likely to be a greater demand for services. If I were a Doctor, I'd be fighting this to the end. One way they will likely cut costs is by capping a doctor's pay. So basically all of those years you spent slaving away in medical school while your liberal arts friends got drunk every weekend will have been wasted. No Reward for your risk or hard work. Instead you could expect to work longer hours to help a bunch of fat people that don't give a ***** about their own health for a fraction of what you should be earning to help deserving people.
- brad3378, on 03/01/2008, -0/+1There's a lot of pressure in the Medical community to cut costs lately - but how?
- OneAndOnlySnob, on 02/18/2008, -0/+1400k in debt? Though it is somewhat selfish, you should be begging for inflation. Inflation would reduce the value of your debt, and the price on your labor will adjust to the new prices.
- orca94, on 02/18/2008, -22/+10HAHAHAHA. You dumb *****. These idiots have been calling out a dollar and economic collapse every week for the past few decades now and the only thing that's stayed constant is the cyclic tendency of the economy and currency exchange in relative worth terms. Way to buy an over valued asset. No wonder you're $400k in debt. I have a bridge I can sell you for $600k, it's made of toothpicks and spit, it's a bargain in your book, dollars are worthless right?
- bitspace, on 02/18/2008, -22/+9I couldn't decide whether to flag this as "spam" or simply "inaccurate" - I went with "inaccurate."
For some reason the Ron Paul zealots think they can suddenly predict the future when nobody before them has been able to.
Is the US economy *****? Yes. Is Ron Paul the answer? No.- XanderDee, on 02/18/2008, -3/+6Read about the Federal Reserve and how it is federal as federal express. That means a few men not the government controls the isuance of money.
http://www.youtube.com/watch?v=A1gb4_qdCkw
Then tell me who will fix that so people can vote for them. - nVious, on 02/18/2008, -1/+0So who else will help?
Ron Paul is the only one I see.
- XanderDee, on 02/18/2008, -3/+6Read about the Federal Reserve and how it is federal as federal express. That means a few men not the government controls the isuance of money.
- Evolutuon, on 02/18/2008, -1/+17Funny how this was 3 months ago and now they ***** has been hitting the fan in the economy, this guy was spot on.
- HiKevinRose, on 02/18/2008, -6/+44I'M A HUMAN BEING GOD-DAMN-IT AND MY LIFE HAS VALUE!
- blacktriangle, on 02/18/2008, -0/+8Dugg for the 'Network' reference.
- phybere, on 02/18/2008, -0/+14I don't think anyone else here actually watched the video...
- Angostura, on 02/18/2008, -0/+10Which makes you as mad as hell, I expect.
- Arcesius, on 02/18/2008, -0/+2*puts head out of window* I'M MAD AS HELL, AND I'M NOT GOING TO TAKE IT ANYMORE!!!
- DarthChaos, on 02/18/2008, -6/+3So, a debt based economy can not work, eh? Wow, not the first time I have heard that and doubt anyone will really give a ***** even when the who control goes belly up.
- postaboy, on 02/18/2008, -1/+3Debt based economies do work if the money received is used responsibly. If the government went into debt to pay for a war (like Iraq), it certainly does not make sense becasue it does not promote future growth. However if that debt was used to increase capital stock, or saved, or R&D, it would yield economic growth in the future. That's why heavy debtor countries (most of the G8 and especially the US and Japan), have continued to see sustained growth even though they are knee deep in debt.
- jordanlgta, on 02/18/2008, -5/+2560 Minutes is will always be the most important television show of all time.
- XanderDee, on 02/18/2008, -9/+18I will bet $100 this will be removed from the front page because Ron Paul's name is in it. Any takers?
- masterm1nd, on 02/18/2008, -2/+18What? *inaudible whispers*... Ohh, it's Obama now... ok.
- michaelfitz, on 02/18/2008, -0/+2nah- its got David Walker, a fiscal genius.
- Kimberlyyan, on 02/18/2008, -0/+8I'll take that but can you pay me in euros?
- XanderDee, on 02/18/2008, -0/+3lol looks like I may have lost this one. will you take a check?
- Kimberlyyan, on 02/18/2008, -0/+4Not a chance, but you can pay me in bread and potted meat, looks ike we might be needing a stockpile.
- XanderDee, on 02/18/2008, -0/+3lol looks like I may have lost this one. will you take a check?
- monkeypaw, on 02/18/2008, -3/+0I hope so.
- Tehrab, on 02/18/2008, -0/+38What is troubling to me is not this information but that there is a significant portion of the population who will be surprised by this.
- link5280, on 02/18/2008, -2/+6To late to convert my 401k to euros?
- orca94, on 02/18/2008, -6/+6That'd be an "EPIC FAIL" of a move. Why the ***** would you convert you assets into a currency that's currently on the upswing of a cycle?
- link5280, on 02/18/2008, -3/+4Because it will continue to raise against the dollar, buy low sell high! The euro has yet to peak on the dollar!
- orca94, on 02/18/2008, -5/+7Right... Because the Euro isn't high right now? Do you get the whole point behind Buy Low, Sell High? You're advocating Buy High, Sell Low, the dumbest of all investment strategies.
- link5280, on 02/18/2008, -2/+6Um, no! Using your logic I should wait until the Euro goes up even higher then buy, so I would get less for each dollar. Ill buy now, thank you. Actually I have been buying for years, both Euro and Asian markets and I'm doing very well.
- orca94, on 02/18/2008, -4/+3The Euro is on an upswing. Emphasis on the upswing, it's on the upper end of the cycle. In relative terms it's at a high right now. I.e., if you buy now, you're buying high. The nominal initial exchange rate for the Euro (which was based upon the strength and value of each individual European currency) was about ~$1.18 expect that to be about the long term mean. It's at ~$1.47 right now, it's overvalued by about $.29 or about a 25% premium. Have fun with that. A good time to buy would have been when it was at about ~$.85, or wait till it moves back down there again in a few years.
- wcarolyn, on 02/18/2008, -2/+2No link.. trust orca94! You're just going to waste your money
- johnny23, on 02/18/2008, -1/+4link, if you haven't done it already, you are much too late.
- johnny23, on 02/18/2008, -1/+4@link5280
arg, timed out while editing. Good for you for recognizing the issue and moving your money elsewhere. i've done much the same (moved into euro and latin american markets) since about 9 months ago and feel much better for it.
- orca94, on 02/18/2008, -5/+7Right... Because the Euro isn't high right now? Do you get the whole point behind Buy Low, Sell High? You're advocating Buy High, Sell Low, the dumbest of all investment strategies.
- link5280, on 02/18/2008, -3/+4Because it will continue to raise against the dollar, buy low sell high! The euro has yet to peak on the dollar!
- aleone31, on 02/18/2008, -1/+4Actually --- It may not be to late. There are things called ETFs or Exchange Traded Funds, they will let buy EURO, YEN, just about all major currencies as well as hard assets like gold, silver, even oil. I would recommend not overweighting on any one of them.
- CrazedLeper, on 02/18/2008, -6/+6British pound sterling. The exchange rate is not so great but it's not going anywhere. It's actually backed by something. Later, when the smoke has cleared, you can convert it to something else--maybe even a whole lot of something else.
- orca94, on 02/18/2008, -1/+5What exactly is the pound backed by? It's fiat currency just like the dollar, nothing more, nothing less.
- CrazedLeper, on 02/18/2008, -3/+2The pound sterling is backed by sterling-silver...I could be mistaken.
- Angostura, on 02/18/2008, -2/+5You are indeed mistaken.
- covertbadger, on 02/18/2008, -2/+5You certainly are mistaken. It hasn't been backed by silver in over 300 years, and hasn't been backed by gold for over 30. And yet, despite your shocking lack of knowledge about the subject, you see fit to advise others on investing?
- holzp, on 02/18/2008, -1/+2The Queen's Navy!
- CrazedLeper, on 02/18/2008, -3/+2The pound sterling is backed by sterling-silver...I could be mistaken.
- orca94, on 02/18/2008, -1/+5What exactly is the pound backed by? It's fiat currency just like the dollar, nothing more, nothing less.
- monkeypaw, on 02/18/2008, -1/+0link5280 - The short answer is NO. It's not too late. As long as you own your 401k you can converto it to another currency. Google it, or talk to a financial advisor for more details.
But it would be terribly stupid. You will lose money on the conversion. You will be taxed by both the US and whatever other country holds your bank account, and then you will lose more money when you convert back to dollars when you retire.
- orca94, on 02/18/2008, -6/+6That'd be an "EPIC FAIL" of a move. Why the ***** would you convert you assets into a currency that's currently on the upswing of a cycle?
- JBmtk, on 02/18/2008, -7/+31http://zeitgeistmovie.com/
- matadata, on 02/19/2008, -0/+0Keep digging, Ron Paul fans! Because all your man needs is more evidence of the lunacy of his fan-base!
(For the record, I saw this movie a few months ago. I enjoyed the first part, but as a whole, it has no logical cohesion and many inaccuracies... it's fodder for people whose lives are so lacking, they WANT to be able to blame the boogeyman.)
- matadata, on 02/19/2008, -0/+0Keep digging, Ron Paul fans! Because all your man needs is more evidence of the lunacy of his fan-base!
- wbeavis, on 02/18/2008, -1/+3The irony is that those that are bankrupting the country will suffer the most. If the economy collapses, the retired, elderly with be in big trouble. If medicare and social security disappear, many people will become homeless and die off. Unless they haven't already pissed off their children. For those 65+, expect your benefits to erode away. For those under 65, don't expect government retirement. That way if you get it, it will be a bonus.
- ScottMitchell, on 02/18/2008, -0/+5I hate to sound crass, but maybe we, as a society, have to agree that we can't be expected to ensure that everyone has a certain standard of living. If you get dealt a ***** hand of cards in life, and can't better yourself through hard work and perseverance, then, well, that sucks, but as my dad always said, "Life ain't fair. She's a mean spirited bitch that would soon as rip out your heart and piss in your chest cavity as she would bequeath you with riches and women."
- wbienek, on 02/18/2008, -0/+4This is BULLLLL *****... You can get an education online! Over the last 5 years using Youtube and online materials I've learned Flash Actionscript 2 and 3.. Javascript, Visual Basic, C++, Java and now I've just about mastered Objective-C for OSX as I see thats the next big thing.. I barely graduated high school.. started an online business and now earn upwards of 300k a year doing websites.
You bunch of cry babies are JUST LAZY.. Opportunity is there.. this is a golden age where as Bill Gates once said.. "A bunch of kids in their garage could put us out of business"- nakani, on 02/18/2008, -0/+1"A bunch of kids in their garage could put us out of business"
See: GOOG :)
- nakani, on 02/18/2008, -0/+1"A bunch of kids in their garage could put us out of business"
- wbienek, on 02/18/2008, -0/+4This is BULLLLL *****... You can get an education online! Over the last 5 years using Youtube and online materials I've learned Flash Actionscript 2 and 3.. Javascript, Visual Basic, C++, Java and now I've just about mastered Objective-C for OSX as I see thats the next big thing.. I barely graduated high school.. started an online business and now earn upwards of 300k a year doing websites.
- ScottMitchell, on 02/18/2008, -0/+5I hate to sound crass, but maybe we, as a society, have to agree that we can't be expected to ensure that everyone has a certain standard of living. If you get dealt a ***** hand of cards in life, and can't better yourself through hard work and perseverance, then, well, that sucks, but as my dad always said, "Life ain't fair. She's a mean spirited bitch that would soon as rip out your heart and piss in your chest cavity as she would bequeath you with riches and women."
- grungegbunny, on 02/18/2008, -3/+15I'm mad as hell and I'm not gonna take it anymore!
- jer2eydevil88, on 02/18/2008, -3/+3"Yes we can!"
Vote this year. It doesn't matter if you hate that slogan and the man who uses it but please read up on the issues and Vote as you see fit.- ScottMitchell, on 02/18/2008, -0/+1And what if the "wrong" person gets elected? Then what? Am I supposed to stop being mad as hell and start taking it?
- dealseeker, on 02/18/2008, -0/+2That's when you buy your "I voted for the other guy" bumper sticker. Might as well buy it now.
- ScottMitchell, on 02/18/2008, -0/+1And what if the "wrong" person gets elected? Then what? Am I supposed to stop being mad as hell and start taking it?
- jer2eydevil88, on 02/18/2008, -3/+3"Yes we can!"
- Sep11insidejob, on 02/18/2008, -1/+12They are going to make us beg for the amero. THat is pathetic
- Beuben, on 02/18/2008, -11/+6I was about to digg it until I saw the sign asking for a vote for Ron Paul at the end.
- jer2eydevil88, on 02/18/2008, -0/+2I dugg you up.
It's still a good video even if its a propaganda video. - azimir, on 02/18/2008, -0/+3Please identify the other US presidential candidate(s) still running who have a: mentioned methods of dealing with our debt based system and b: not kept hammering on about how they'll bring free/government sponsored entitlements en-mass.
Go:
- jer2eydevil88, on 02/18/2008, -0/+2I dugg you up.
- neevakee, on 02/18/2008, -1/+10I'm just happy all of my money has been in gold for the last 4 years.
While I hope the dollar will not collapse it still has been a great investment.- form3hide, on 02/18/2008, -1/+3How do you pay your bills? Sell the gold and use the cash as payment? Are you then essentially losing money? Please shed some light.
- blacktriangle, on 02/18/2008, -1/+4Its pretty basic. He bought gold for 500/600 USD four years ago. He sells his gold for $930 to any coin shop or gold outlet for instant cash.
- dealseeker, on 02/18/2008, -0/+8... and then (here's the punchline) - he turns around and buys $930 worth of gasoline and other junk which would've cost him $500 back on 2004.
- blacktriangle, on 02/18/2008, -1/+4Its pretty basic. He bought gold for 500/600 USD four years ago. He sells his gold for $930 to any coin shop or gold outlet for instant cash.
- form3hide, on 02/18/2008, -1/+3How do you pay your bills? Sell the gold and use the cash as payment? Are you then essentially losing money? Please shed some light.
- remotehuman, on 02/18/2008, -0/+38i will vote for ANYONE who can do the following 2) Act responsible with finances, our safety, and war and 2) be upfront and honest.
democrat, republican, green, gay, woman, man, black, white, chinese, saudi-*****-arab. i will vote for that person.- sark666, on 02/18/2008, -2/+1Act responsibly!!!
This grammatical error was influenced by Elvis Presley, and Apple.
Think Different!! ;) - CrazedLeper, on 02/18/2008, -0/+7Sorry, that person couldn't afford to campaign and those who could afford to back him had nothing to gain from it.
- sark666, on 02/18/2008, -2/+1Act responsibly!!!
- 3rdcoast, on 02/18/2008, -1/+26Fine, I'm moving to Canada. They have milk in bags.
- XanderDee, on 02/18/2008, -0/+7Anything close to an imploding sun gets sucked in with it.
- kingcam, on 02/18/2008, -0/+1I would tend to a agree, but we have enough natural resources to sell off to keep or economy about outright implosion for at least one more generation.
- XanderDee, on 02/18/2008, -0/+2This is true however we also have a central bank and they stated that we will reduce our interest rates when our economy is booming, unemployment is at 33 year low, home starts are up and expected to increase, and manufacturing is managing the increase of our currency. Lowing our interest rates makes no sense at all, you must take away from the punch bowl when every one is drunk not add to it.
If Mark lowers the rate by .5 that means we are following the US into the grave.
- petrodollar, on 02/18/2008, -1/+16We have that here. It's called Christina Aguilera.
- tgc1, on 02/18/2008, -0/+1It also comes in cartons here. Just FYI.
- XanderDee, on 02/18/2008, -0/+7Anything close to an imploding sun gets sucked in with it.
- Khast, on 02/18/2008, -7/+16I want a president who does care about all aspects of what it is to be American. Not just corporate interests. Unfortunately, I don't see a single candidate which would be the *best* choice for America. Yeah, Ron Paul sounds great, but I still don't know..every candidate has promised great things...............
Don't get me started about the liberals...Both Hillary, and Obama would be absolute frickin' clowns in office. (No, I am not racist, or against women being president.) Just listen to their dribbling about health care, and how to make it so.... BZZZZZT wrong, there are a few other things to deal with BEFORE health care can even be a reality...like say making it so frivolous lawsuits are dropped, making it impossible to sue for millions for stupid *****....then, just then maybe health care can become more affordable, because the insurance rates might drop.
Republicans...hoo boy... What is with the absolute fanaticism about keeping this ***** war going forever? Control? Makes their dicks bigger? Or is there something more...like greed? Yeah, there's a war going on, it is the financial vacuum cleaner, sucking the money out of the taxpayers for generations to come...you'd figure anyone with even 1/32nds of a brain would have to say "Let's get this ***** war over with, it is costing us more, and more each year", but no..they want to keep it going.
/.02- ShogunWarPig, on 02/18/2008, -0/+6I don't know why your being dugg down.
- Khast, on 02/18/2008, -0/+10I guess I am offending people with salt in their wounds. People think that just because we are losing GW Bush at the end of the year, the tyranny will end there....WRONG. Bush only opened the floodgates for future presidents to abuse the system....and you honestly think they won't? Bush showed us, with the right attitude, anything can be accomplished, even against congress, the house, or even 90% of the voting populace....
Not only is this country going to go bankrupt, we are having our constitution gutted, our checks and balances removed.
The writings on the wall people....don't vote with your heart....these tyrants are willing to tell you anything to get them into office....if Bush wouldn't listen to us, what makes you think these guys will?
Rome was confident that it would never fall.....Because they were the "best"...they had "patriotism" and yet, they made some pretty arrogant mistakes which ultimately led to their fall.......don't let the USA make these same mistakes.- wbienek, on 02/18/2008, -1/+5Hate to tell you this.. but it's INEVITABLE the US will fall.... Just read your Bible.. All the Evolution arguments in the world aren't going to keep the US from collapsing in from its lazy greed riddled ignorant foolishness.
- Khast, on 02/18/2008, -0/+1As much as I know this will be dugg down. Frankly, I think all religions tend to believe their sacred texts to the point, they yearn to make the prophecies come true. They say, if you believe something in your mind, your actions will ultimately lead to your desire. (Whether successful or not depends on feasability..ect.)
I personally feel, that irregardless of whether there's a god or not. I should enjoy life, as if this is all I got. But in the same time, being the kind person, to make the experience of others better. I do believe in creation AND evolution, as there is evidence which supports both concepts. (I feel God may have started things, and made multiple revisions throughout the history of the universe.) [human race 2.0]
I don't care what religion you are. Me? I am Pagan. I don't go preaching to everyone about how great my religion is. (Who am I to say that my religion is the only way.) But at the same time, I don't want people telling me what's right and wrong either (Okay, so your religion *is* the only way to "heaven"...doesn't every other religion on the planet have this claim? What makes yours so special?)
- Khast, on 02/18/2008, -0/+1As much as I know this will be dugg down. Frankly, I think all religions tend to believe their sacred texts to the point, they yearn to make the prophecies come true. They say, if you believe something in your mind, your actions will ultimately lead to your desire. (Whether successful or not depends on feasability..ect.)
- wbienek, on 02/18/2008, -1/+5Hate to tell you this.. but it's INEVITABLE the US will fall.... Just read your Bible.. All the Evolution arguments in the world aren't going to keep the US from collapsing in from its lazy greed riddled ignorant foolishness.
- Khast, on 02/18/2008, -0/+10I guess I am offending people with salt in their wounds. People think that just because we are losing GW Bush at the end of the year, the tyranny will end there....WRONG. Bush only opened the floodgates for future presidents to abuse the system....and you honestly think they won't? Bush showed us, with the right attitude, anything can be accomplished, even against congress, the house, or even 90% of the voting populace....
- ShogunWarPig, on 02/18/2008, -0/+6I don't know why your being dugg down.
- gooovil, on 02/18/2008, -1/+7Too too many things are so ***** up!!!!
- brownrabbit, on 03/05/2008, -0/+1And everything else is just fine...
no worries!
ALOHA
- brownrabbit, on 03/05/2008, -0/+1And everything else is just fine...
- quazywabbit, on 02/18/2008, -0/+12And who knows what is going to happen after David walker leaves on March 12th. My guess is that he got tired of telling congress that we are broke and them not listening.
- jerryterhorst, on 02/18/2008, -0/+1is he leaving prematurely? the 15-year term doesn't expire until 2013.
- quazywabbit, on 02/18/2008, -0/+1yeah he's resigning on the 12th.
- arjung, on 02/18/2008, -0/+1Gene Dodaro, the current COO of the GAO takes over. Walker thinks that Gene is more than capable to continue the message.
- jerryterhorst, on 02/18/2008, -0/+1is he leaving prematurely? the 15-year term doesn't expire until 2013.
- phybere, on 02/18/2008, -0/+23Is any of this surprising? Looking at the average American, they owe nearly $10,000 in credit card debt alone, not to mention car payments, house payments, etc. Would we really expect the government to function within their means when the population voting them into power doesn't?
This is why the country is doomed to collapse: not because we *couldn't* recover, but because we *won't* recover - the voters are short-sighted and voting for tax decreases, not increases.- postaboy, on 02/18/2008, -1/+4America has been in debt for 200 years now and has continued to see significant economic growth. Right now the debt to GDP ratio is 60%. It is mathematically possible to cut medicare, medicaid, other entitlements, defense spending, and social security, for one year and that debt would be eliminated to half of what it is. If the people of America wanted to dedicate all of their production to eliminating the federal debt, they would be able to within less than a year.
- brad3378, on 03/01/2008, -0/+1Actually it's $9200 per average American HOUSEHOLD http://money.cnn.com/magazines/moneymag/money101/l ...
And yes, that is a disturbing number, but let's suppose that you have a family of four.
Now multiply 4 x $30,000 = $120,000 to calculate your family's share of our national debt.
(based on data from http://www.brillig.com/debt_clock/ )
Now as if that's not enough to be angry and/or depressed over, consider the fact that this is only our CURRENT level of debt.
We still need to add Social security benefits for 78,000,000 baby boomers that are about to retire.
We still have not taken into account that the baby boomers will no longer be paying income taxes towards the debt after they retire.
I won't even attempt to speculate how bad our situation is, but I'd be lying if I said I was not scared *****-less about the future of this country.
- easy4lif, on 02/18/2008, -2/+3so, who the first to get to lose health care benefits, the poor or the elderly. Remember the 1930's before social security, but, I guess most of you don't mind having to physically for mom and dads meds + having an extra mouth to feed.
- Myztry, on 02/18/2008, -3/+5Let's play a quiz game.
What is Karma?- XanderDee, on 02/18/2008, -0/+4It's a bitch. :)
- gr00vy, on 02/18/2008, -7/+2Ummm... Proof??!?
- d03boy, on 02/18/2008, -1/+4video footage doesn't do it for you?
- azimir, on 02/18/2008, -1/+5If you can bother to read it, here is the Comptroller General's projections for the US financial status from last year:
www.gao.gov/new.items/d07342t.pdf
Here is the presentation mentioned in the video:
gaonet.gov/cghome/d08353cg.pdf
I know it requires you to read and comprehend, but the data is widely available. - brownrabbit, on 03/05/2008, -0/+1HA! You are so silly...
- Ayanamifan, on 02/18/2008, -2/+11Shhh, it's just a conspiracy anyway. The government would NEVER do anything like this.
Right? ... Right?- postaboy, on 02/18/2008, -1/+3Well it's the economy, stupid. The government is one sector of a much larger entity. There are millions of consumers and and thousands of firms moving making millions of uncoordinated economic decisions everyday. Shouldn't some blame be placed on everybody?
- bonlebon, on 02/18/2008, -7/+15OK it will collapse, but will it blend?
- brownrabbit, on 03/05/2008, -0/+1wave-functions!
RIDE THE SNAKE!!!
- brownrabbit, on 03/05/2008, -0/+1wave-functions!
- DjViral, on 02/18/2008, -1/+6is this guy for ron paul? (david walker)
- fixhist, on 02/18/2008, -0/+1American currency is not tied up with treasury reserve, it is Feds Monopoly paper money.
Bush going to Africa and dolling out $100.00 B in charity is not an actual charity,over time same paper money will barter for trade payments for poor nation.
No country should accept American $'s in Aid, Aid should be equivalent in country's own money.
World on Earth is spherical and is mostly water covered. Forced pushing away of water will get back in ripples, America has repeatedly sent out waves of aggression abroad.
We hope God will bless America again and again. watch?v=awiCjwwcDb4- fixhist, on 02/18/2008, -0/+1God Bless America again and again and over again.
http://www.youtube.com/watch?v=awiCjwwcDb4
- fixhist, on 02/18/2008, -0/+1God Bless America again and again and over again.
- Wildfeuer5, on 02/18/2008, -2/+2I don't really want to believe in the Mayan calendar, but things are coming together quickly.
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