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I see an economic diasater coming...

Started by the_big_m_in_ok, September 03, 2009, 01:05:30 AM

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Do you think the American economy will ever improve?

Yes, definitely
Possibly, in the long run
No, it will worsen
Undecided

sparks

     Profit economies always crash.  You can not buy something for a dollar and sell it for two dollars without somebody inflating the money supply.  Then you have people that do nothing but run con games who say they have something you need so give me something you have and we'll give you this majic piece of paper that says you now owe us more than you gave us.  Work for thirty years and give us 1/2 of your life experience in exchange for this piece of paper that says you owe us.  If everybody just stopped paying moneylenders and invested in local economies providing valued services to trade the economic collapse of the bullshit based economy would be hastened.  Bank assets would be seized by local government agencies and redistributed to those in need.  I would love to see some poor women living on disability income residing on the top floor of a Chase Manhatten skyscraper with her clothes drying on a clothesline run to a building seized that was once owned by some legalized bookies better known as investment firms.  These people are dreamweavers.  They promote homeownership like it is the end all be all of life.  I've owned several homes and basically it boils down to renting them from the bank-maintaining them for the bank-selling them for the bank-  I know this guy I worked with who use to enjoy life.  He would go fishing-smoke some bud-play some tunes-pretty much had a hell of a time.  He just bought a house.  Now he works two jobs-hasn't fished for 6months-appears haggard and thin-never smiles.  Actually he works three jobs because after he gets home from his 2nd job on his one day off he has to cut the banks grass for them and their asset needs painting and interior plumbing and floor repair.
Think Legacy
A spark gap is cold cold cold
Space is a hot hot liquid
Spread the Love

triffid

I know that pattern,you get a house,work for the bank.Bank takes away from your pocket $100,000 or more over a period of 17 years.Forces you to sell your house for less than you paid.Thats what happened to me in oklahoma.I really don't like banks either.triffid

triffid

http://www.youtube.com/watch?v=6CKofa08Nzk   




NJ LaRouche congressional candidate Diane Sare provides a concise pedagogical demonstration of the power of reality over........toilet paper.

triffid

It seemed sudden, that an important faction in England should have chosen yesterday’s moment as the occasion to have presented an urgent proposal whose effect might well become a rescue of the trans-Atlantic community from the nick-of-death of the entire trans-Atlantic community (and more) from the worst economic break-down crisis in all modern European history.
If this venture, launched into public opinion yesterday, is to succeed, the actions to be taken immediately must be placed into operation immediately. It is my estimate that the kind of turn reported publicly in London yesterday could become the needed basis for rescue of the planet from the most deadly moment in modern world history. The necessary, immediate actions, must be taken immediately, but with precise design as to who does what in which sequence.
It happens that the remedies which are implicitly available are not inconsistent with the launching of an attempt at a true FDR Glass-Steagall reform, and represent a potential which could save civilization at the veritable “last moment;” but, this is not a task for the generality of leading figures in government and financial leadership today. Current thought in financial markets and related academic traditions would lead to an early and irreparable disaster throughout the trans-Atlantic sector and beyond. My own qualifications in this matter are unique. An entirely new system of values must be adopted, and that must be done very quickly: the present world system, especially that of the trans-Atlantic regions, is already ready to blow out.
At the same time, it must also be emphasized, that what I have read from monetarist circles of opinion, or most academically trained professionals in “economics” would be a virtually immediate disaster for humanity generally. In short, the practice of monetarism must be suspended, and a system of physical-productive values must be substituted.
To sum up these opening remarks, the essential change to be made, if civilization is to avoid the greatest economic crash in modern history, must be the termination of use of a system of monetarist values; physical-productive [e.g., “production-based”] physical values must be adopted as the controlling standard of “market values,” instead.
As the announcements in certain sections of the British press have presented their argument yesterday, a workable escape from the presently accelerated break-down crisis is both a physical-economic and political option, and some among us in this community are summoned to this common cause. I emphasize, that there are certain circles in London and other places which are intelligent enough to recognize the essential nature of the reform which must be instituted immediately.
I am uttering the foregone message here and now, for immediate distribution. During the over-night and tomorrow, I shall present my summary of this matter.

triffid

The cliffs edge is very sobering indeed!Let us hope that we are able to save ourselves at so late an hour.triffid