![]() |
If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
![]() |
#2
|
|||
|
|||
![]()
On Sat, 15 Oct 2011 00:15:24 +1000, Elmo
wrote: Let me take a wild guess. You're French? Heh. -- Dogman |
#3
|
|||
|
|||
![]()
On 15/10/2011 1:14 AM, Dogman wrote:
On Sat, 15 Oct 2011 00:15:24 +1000, wrote: Let me take a wild guess. You're French? Heh. Nope. A little closer to home than that. Look north. |
#4
|
|||
|
|||
![]()
On Sat, 15 Oct 2011 01:49:39 +1000, Elmo
wrote: On 15/10/2011 1:14 AM, Dogman wrote: On Sat, 15 Oct 2011 00:15:24 +1000, wrote: Let me take a wild guess. You're French? Heh. Nope. A little closer to home than that. Look north. No thanks. TROLL. -- Dogman |
#5
|
|||
|
|||
![]() Drudge is a poseur. -- We are becoming a country that believes the rich have earned their money but the well educated have not earned their intellectual superiority. This leads to a nation that idolizes Kardashians. Joel Stein, TIME, 8/23/10 |
#6
|
|||
|
|||
![]()
On Fri, 14 Oct 2011 17:14:43 -0400, Patricia Martin Steward
wrote: Drudge is a poseur. Michael Moore is an big fat asshole. -- Dogman |
#7
|
|||
|
|||
![]()
On 15/10/2011 7:14 AM, Patricia Martin Steward wrote:
Drudge is a poseur. Drudge has nothing to do with it, he didn't write the book, he just commented on it. It is only one of thousands of books and articles that are central to the decline of the US. You can stick your head in the sand and pretend it isn't happening but it won't change the inevitable. The USA is kaput! Its death throes might last for a year or two, but is is already beyond resuscitation. The most it can hope for is to recover to a third world status, and that is a very slim chance. It will never be a superpower again. It is bankrupt, fiscally and morally, and there is no chapter eleven for countries. We are already getting an influx of Americans arriving here, they have seen the inevitable and are jumping ship while what dollars they have still retain some value. |
#8
|
|||
|
|||
![]()
On 15/10/2011 1:30 PM, Dogman wrote:
On Sat, 15 Oct 2011 12:17:36 +1000, wrote: On 15/10/2011 7:14 AM, Patricia Martin Steward wrote: Drudge is a poseur. Drudge has nothing to do with it, he didn't write the book, he just commented on it. It is only one of thousands of books and articles that are central to the decline of the US. You can stick your head in the sand and pretend it isn't happening but it won't change the inevitable. The USA is kaput! Its death throes might last for a year or two, but is is already beyond resuscitation. The most it can hope for is to recover to a third world status, and that is a very slim chance. It will never be a superpower again. It is bankrupt, fiscally and morally, and there is no chapter eleven for countries. We are already getting an influx of Americans arriving here, they have seen the inevitable and are jumping ship while what dollars they have still retain some value. Since your economy is so closely linked to ours, what do you think will happen to Canada should we actually become "kaput"? Hmmmmm? -- Dogman Unfortunately we will get dragged down with you, as will much of the western world. Thankfully as result of the first US caused GFC, most of the western world is prepared and will not be dragged as irrevocably low as the US. We will recover, the US won't. It has been living on borrowed time and funds for decades, it is time to pay up and it has no way of paying. The US economy is cannibalistic, it has devoured itself, it is a giant Ponzi scheme that has reached the end and imploded. It has no way of earning the money it owes in order to pay its debts, so it will have to try to survive without further borrowing. That survival will be hand to mouth. Get ready, you have maybe four of five years before you will be unable to feed yourself. You are about to experience life as a third world citizen. No effective social services, no effective medical care, no strong military, Police and court corruption, a failing education system, rapidly escalating street crime, massive unemployment. It will be worse than the Soviet Union not so long ago. If you want to disagree, explain where the next few trillion dollars needed simply to maintain the status quo will come from? It won't be China, the country that currently holds all of the US pawn tickets. You can't pay the interest on what you owe, let alone the capital. They won't advance you any more. Much of Europe is already in trouble thanks to the US and they can't and very probably wouldn't help. The UK isn't much better, Australia, as it did last time will probably fare well, but only because they have such huge export resources, mostly going to China, they will have enough to look after themselves, not enough to aid the US. What's left? South America? Africa? Not much chance of aid there. The US is like an irresponsible family who has survived by getting more and more credit cards whenever it needed money, and it has now reached the point where it can't both survive and keep up the interest payments on those cards. Its credit rating is too low to allow issue of more cards, and the debt collectors are banging on the door. You can twist and turn, go into denial, keep looking the other way, but it won't help. It is the end of an era and a new China centric era is beginning. Uncle Sam's gluttony and arrogance has finally choked him to death. Get used to it. |
#9
|
|||
|
|||
![]()
On Oct 15, 3:51*am, Elmo wrote:
On 15/10/2011 1:30 PM, Dogman wrote: On Sat, 15 Oct 2011 12:17:36 +1000, wrote: On 15/10/2011 7:14 AM, Patricia Martin Steward wrote: Drudge is a poseur. Drudge has nothing to do with it, he didn't write the book, he just commented on it. It is only one of thousands of books and articles that are central to the decline of the US. You can stick your head in the sand and pretend it isn't happening but it won't change the inevitable.. The USA is kaput! Its death throes might last for a year or two, but is is already beyond resuscitation. The most it can hope for is to recover to a third world status, and that is a very slim chance. It will never be a superpower again. It is bankrupt, fiscally and morally, and there is no chapter eleven for countries. We are already getting an influx of Americans arriving here, they have seen the inevitable and are jumping ship while what dollars they have still retain some value. Since your economy is so closely linked to ours, what do you think will happen to Canada should we actually become "kaput"? Hmmmmm? -- Dogman Unfortunately we will get dragged down with you, as will much of the western world. Thankfully as result of the first US caused GFC, most of the western world is prepared and will not be dragged as irrevocably low as the US. Instead of the usual liberal emotion, let's look at the actual facts about govt debt levels in countries around the world. Here's the list of countries with their debt to GDP ratios: http://en.wikipedia.org/wiki/List_of...by_public_debt Number one is Japan, with debt at 200% of GDP. Then we have Greece at 142%, Iceland at 126%, Italy at 120%, Belgium at 100%, Ireland at 97%, Portugal at 93%, and CANADA at 84%, France at 82%....... The USA is at 62%. So, if we are on the road to financial ruin, Canada and a whole lot of other countries are already well ahead of us. Yes, if we continue to spend like those other irresponsible countries, we could be there too someday. But there are strong signs that the spending will get under control. The election a year from now could make a huge difference. I'd also like to hear how the USA is responsible for Ireland, Greece, etc being on the verge of default. We never told them to give away all that money in entitlements to a bunch of lazy asses that won't work..... We will recover, the US won't. It has been living on borrowed time and funds for decades, it is time to pay up and it has no way of paying. The US economy is cannibalistic, it has devoured itself, it is a giant Ponzi scheme that has reached the end and imploded. It has no way of earning the money it owes in order to pay its debts, so it will have to try to survive without further borrowing. That survival will be hand to mouth. Get ready, you have maybe four of five years before you will be unable to feed yourself. You are about to experience life as a third world citizen. No effective social services, no effective medical care, no strong military, Police and court corruption, a failing education system, rapidly escalating street crime, massive unemployment. It will be worse than the Soviet Union not so long ago. If you want to disagree, explain where the next few trillion dollars needed simply to maintain the status quo will come from? The answer is simple. First, we need a president that sets a positive message and climate for business. Get rid of all the uncertainty. End Obamacare. Pick up the phone and fire the NLRB that is preventing Boeing from opening a plant in South Carolina that would employe thousands because a union claims the plant was built in retaliation for a strike years ago. Hold a press conference and announce that the president will not allow bureaucrats like these morons to stand in the way of the American economy. Have a tax holiday with sharply reduced coroprate tax rates for corps that bring money sitting overseas home and invest it here. Have a one year write off of any new capital investments. Then get spending under control. The budget has grown by 40% from 2007 to 2011. If your family budget had gone up like that, what would you do? The combination of spending cuts and a reinvigorated economy will close the deficit. Getting the economy moving won't happen until you get a president who understands business and wants to work with them, not against them. It won't be China, the country that currently holds all of the US pawn tickets. More emotion and ignorance. Time for a fact check. All foreigners together own 46% of US debt. Of that China owns 8% of the US debt. That's a long way from 100%. Gee, wonder how much of Canada's debt they own? And if the US is in such dire straits, it's rather odd that all these foreigners are lining up to buy our debt while at the same time, interest rates on that debt are at the lowest point in history. You can't pay the interest on what you owe, let alone the capital. They won't advance you any more. Much of Europe is already in trouble thanks to the US Sure it is. Why every time anything happens anywhere in the world, it's always the US's fault according to the clueless America haters. You sound like you should be sleeping in the rainy park with the rest of those pig ignorant America bashers that are protesting abouth things they don't understand. and they can't and very probably wouldn't help. The UK isn't much better, Australia, as it did last time will probably fare well, but only because they have such huge export resources, mostly going to China, they will have enough to look after themselves, not enough to aid the US. What's left? South America? Africa? Not much chance of aid there. The US is like an irresponsible family who has survived by getting more and more credit cards whenever it needed money, and it has now reached the point where it can't both survive and keep up the interest payments on those cards. Its credit rating is too low to allow issue of more cards, and the debt collectors are banging on the door. Another total lie. Actually, bond BUYERS are what are waiting at the door because they know the USA is still the safest, most secure place for their money. Gee, I wonder who knows more. The folks actually buying those bonds at the lowest interest rates in history, or you who I'll bet doesn't have a pot to pee in. |
#10
|
|||
|
|||
![]()
In article ,
Elmo wrote: http://www.drudgereport.com/flashpb.htm This is an "Off-Topic" post. Please take it else where. -- - Billy Both the House and Senate budget plan would have cut Social Security and Medicare, while cutting taxes on the wealthy. Kucinich noted that none of the government programs targeted for elimination or severe cutback in House Republican spending plans "appeared on the GAO's list of government programs at high risk of waste, fraud and abuse." http://www.politifact.com/ohio/state...is-kucinich/re p-dennis-kucinich-says-gop-budget-cuts-dont-targ/ [W]e have the situation with the deficit and the debt and spending and jobs. And itıs not that difficult to get out of it. The first thing you do is you get rid of corporate welfare. Thatıs hundreds of billions of dollars a year. The second is you tax corporations so that they donıt get away with no taxation. - Ralph Nader http://www.democracynow.org/2011/7/19/ralph_naders_solution_to_debt_crisis |
Thread Tools | |
Display Modes | |
|
|