Overunity.com Archives is Temporarily on Read Mode Only!


Free Energy will change the World - Free Energy will stop Climate Change - Free Energy will give us hope
and we will not surrender until free energy will be enabled all over the world, to power planes, cars, ships and trains.
Free energy will help the poor to become independent of needing expensive fuels.
So all in all Free energy will bring far more peace to the world than any other invention has already brought to the world.
Those beautiful words were written by Stefan Hartmann/Owner/Admin at overunity.com
Unfortunately now, Stefan Hartmann is very ill and He needs our help
Stefan wanted that I have all these massive data to get it back online
even being as ill as Stefan is, he transferred all databases and folders
that without his help, this Forum Archives would have never been published here
so, please, as the Webmaster and Creator of these Archives, I am asking that you help him
by making a donation on the Paypal Button above.
You can visit us or register at my main site at:
Overunity Machines Forum



I see an economic diasater coming...

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

Previous topic - Next topic

0 Members and 13 Guests are viewing this topic.

Do you think the American economy will ever improve?

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

triffid

From an article titled the "race to zero percent":As it turns out, creating financial bubbles and asset price inflation does not create growth and prosperity for all. But don't expect central bankers to admit this any time soon; they are what you call in poker "pot committed" to this policy. And thus the race to 0% is likely to continue as central bankers increasingly compete with one another in the greatest financial experiment in history.

Their goal is simple: drive the expected future return on all asset classes to 0% or even negative levels. This in turn will enable governments to continue to borrow beyond their means and convince the masses that things are great and they should spend what little money they have saved because stock prices are going up. In short, it is a policy of borrowing from the future to satisfy the whims of today, delaying the structural reforms necessary to generate real growth.

Is this good economic policy? Of course not, but with stocks at new highs don't expect many complaints. Only after faith in these policies inevitably fade and stocks start going down will the blame game and hearings begin. "How could you have let this happen," they will shout, pointing fingers at one another.

"Oh, what a tangled web we weave...when first we practice to deceive." – Walter Scott

triffid

From an article titled"Dont shoot your mouth off in Ferguson :"I don't know that the shooting was justified, but I do believe there is reasonable doubt about the shooting. There is Wilson's word; there are some conflicting accounts. At this moment, the strongest argument against Wilson is suspicion, not fact. There's this stereotype about white cops and black victims, and a cadre of professionals intent on making sure that the stereotype speaks louder than any evidence.

A heavy media presence also allowed hotheads to preen on national TV and fanned the flames of discontent. In August, critics piled on the militarized police presence in Ferguson which, they charged, contributed to public unrest. Remember the term "war zone?" After Monday night's riots, cable news critics were complaining again about the cops and National Guard — but this time, because there weren't enough of them. Well, which is it?

Soon the camera crews will be gone. Local merchants will take down the boards they had nailed to protect their windows. Small-business owners will debate whether to stay or relocate. Monday night's looters will have to live with what they allowed themselves to become for one night. The people of Ferguson and the police who patrol their intersections will have to look each other in the eye again. Some rioters, too, will have to look at the damage they inflicted.

triffid

 More from the same article:After St. Louis County Prosecuting Attorney Robert McCulloch announced there would be no charges against Wilson, Brown's stepfather was seen exhorting a crowd to "burn" his city down. Where is the justice in that?

Brian Willingham, a church pastor and black police officer from Flint, Mich., told the New York Times, "I now realize, that we who consider ourselves leaders in the black community can't just be against racism. We have to also be against a portion of black culture that has become increasingly anti-authority and antisocial to a point of self-destruction. This is an enemy we've yet to engage in the black community. But it's a conversation I think we're forced to have now."

Debra J. Saunders is a San

Francisco Chronicle columnist.

triffid

Three changes congress wants to make to social security.  http://www.fool.com/retirement/general/2014/11/29/3-major-changes-congress-wants-to-make-to-social-s.aspx  Best to read it in its entirety.And read readers comments.triffid

triffid

One more thing, only US citizens can collect SS so the money paid by illegals is used for American citizens and the illegals cannot collect. And they can't vote, either, so the phrase No Taxation Without Representation should come to mind