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we don't want the dollar to collapse! this is a global situation, not just united states, although bernanke is doing everything he can to fudge it up.
the amazing thing to me is that we just had a wall street catastrophe approximately a year ago, and NONE OF THE UNDERLYING PROBLEMS HAVE BEEN FIXED. any world GDP growth has been artificially induced and the the bubble continues to grow, while the global economic picture continues to deteriorate in real terms. china, due to forced government spending in a slowing market, is now faced with overproductivity and flagging demand. greece and ireland are in trouble, british consumer spending is "unexpectedly" down, dubai is unstable, and the eurozone has problems. the system is, if anything, becoming increasing unstable thanks to government intevention:
Moody’s warns of 'social unrest’ as sovereign debt spirals
In a sombre report on the outlook for next year, the credit rating agency raised the prospect that future tax rises and spending cuts could trigger social unrest in a range of countries from the developing to the developed world.
why do you think our government is now looking for the united states to pay a global warming tax to keep up with this bubble blowing? (on the backs of americans).
what this country needs is a recall site, where if enough americans sign on they can call for a vote to recall an elected or appointed official. these officials think they can operate with impunity until reelection and this is damaging our country.
Last edited by floridasandy; 12-17-2009 at 06:41 AM..
It's not a global problem. That's what the socialist liberals want you to think, because they want the ponzi scheme to continue. The truth is the rest of the world is dumping the dollar as reserve currency, so it wont be their problem anymore. The Gulf states are already developing their own currency. China isn't buying any more treasury bonds. An now the government has opened war bonds to the american public. Which will only last awhile, then they'll go directly to taxing.
max keiser:
Max Keiser (born January 23, 1960) is a film-maker, broadcaster and former broker and options trader. Keiser is the host of On the Edge, a program of news and analysis hosted by Iran's Press TV. He also hosts Keiser Report, a financial tabloid, that broadcasts on Russia Today.
i am not saying that everything he says is incorrect, (actually agree with some of his posts) but he certainly brings his own bias into issues. this is a global problem and derivatives started in britain. why do you think we have government leaders meeting at G20 summits and trying to transfer money via global warming agendas?
as far as war bonds, i don't think too many americans are going to be signing up to buy them. this isn't world war 2 after all, and i am not sure how many people trust our own government anymore or even agree with this "war".
as for a dollar collapse, it certainly could happen if the government keeps devaluing the money via the federal reserve, but why would any american want it to happen? the ramifications would be serious to all the savers in this country and generations of hard workers in america.
what this country really needs is a federal reserve audit, a cleansing of the system, and prosecution of the crooks, INCLUDING THOSE AT THE TOP. the one thing that is clear is that ron paul was right all along about the federal reserve and the damage that these global agreements inflict upon countries. (and not just our country either)
People won't buy war bonds unless they pay a good interest rate and can be redeemed in short terms. They don't support either war like they did in WWII. Actually these are not even wars, they are police actions by the US Military. WWII had a definite goal. Nobody knows what the goals are for Iraq and Iran.
We're like an alcoholic who can't stop drinking, and China is our enabler. It's definitely an unhealthy relationship. The best thing that could happen is that they stop buying our debt and we're forced to control it. We're sure as hell not going to do it on our own. That much is crystal clear.
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