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Originally posted by OldMedic
Does it not occur to anyone that perhaps Fortis is profiting from the rumors it is spreading?
The Chairman of Fortis obviously does not know much about the subject, as he is predicting the bankruptcy of General Motors (which has enough cash on hand to last two years without any sales at all); the U.S. Federal Reserve System would prevent the wholesale bankruptcy of the U.S. Banking system, etc.
Is it possible that there is a concerted campaign out there to attempt to destroy the US Financially? That companies like Fortis, and some foreign governments are manipulating the markets, in an attempt to "bring down the Americans"?
Just think about something, the last time the U.S. economy went "bankrupt", it took the rest of the world with it. The U.S. was affected much less severely than Europe, Asia and the 3rd world.
Remember the 1930's folks, and just keep on doing what you are doing. It will be much worse for you, than it will be for us.
Originally posted by Mdv2
I seriously hate this Fortis company. It's a Belgian/Dutch company that so necessecarily had to buy ABN Amro, together with RBS and Banco Santander while they actually did not have enough capital to buy their part of the company.
These guys had to borrow money from a Chinese insurer that is in problems itself now. Now they are in huge problems and had to borrow money from a Russian elite and some Libyan guy.
Now it comes... they already have to sell parts to Deutsche Bank (within 6 months) of buying the company, as they lack cash to keep their business running.
ABN Amro was a huge and great bank ruined by some stupid company that cannot even finance itself.
[edit on 2-7-2008 by Mdv2]
Originally posted by dawnstar
afraid I don't have the time to read all the recent posts, but thought you should know...
I found this...
the fortis story appears to be a net hoax...
"Democrats promise you everything even that your lawn will improve if you elect them to office. Republicans will tell you governments do not work, and when you elect them they go about proving it."
Originally posted by ALightinDarkness
Wrong as usual - and as usual you jump in to gang me because you cannot hold a conversation without making sure the odds are 2v1 or greater - the federal reserve is NOT PRIVATE. Can you list ANY OTHER private corporation with a BOARD OF DIRECTORS THAT IS APPOINTED BY THE GOVERNMENT? Please stop spewing things that are wrong. The Federal Reserve is what is called - by those who actually do their research - a pseudo public organization. It cannot be private, but it was structured as much as possible to prevent undue political influence and the public sector has a direct hand in its operations by appointing the board.
About 50 posts ago I already preempted this "LOL ITS A LIE ITS LIKE ENRON LOL" line of thought. Dismissing the fact that no one has any proof for this and its just a way to ignore any actual evidence, there has been no other company in history that has had its public audited statements released weekly and then turns around and is somehow cooking the books. They must be doing a lot of cover up to get away with that.
You really shouldn't be so pompous and arrogant, especially because 0 of your "predictions" have been right. Get over yourself.
Originally posted by mattguy404
This has now been confirmed as a hoax.
"This article documents how an urban legend got started the weekend of June 28-29, 2008, how and why urban legends spread virally, and what you can do to spot them and stop them."
*snip* I just realized it's been posted previously... Oh well, here it is again.
Is there any further evidence either way?
[edit on 3-7-2008 by mattguy404]
Originally posted by Anonymous ATS
I've been buying gold for a year now, everytime I save up $1000. Close to 10K now.