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The Crash of 2009 Is COMING To YOU!!

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posted on Feb, 18 2009 @ 11:38 PM
reply to post by David9176

The problem is, Glenn Beck is wrong much of the time. Nothing beat his false reporting on the Chris Benoit murder/suicide, he didn't even get the names correct and made a lot of false allegations that sounded like things he picked off Internet gossip sites.

Based on the tone and inconsistency of his reporting, I think he just cruises the Net and a few news brief agencies and compiles them into opinion columns if he even writes that for himself. I liked him when I first heard him until all his mistakes popped out. He reminds me of the old radio announcers who were paid to spout on the air to drum up listeners. Sad that we don't have any new Cronkites coming up, I work in the news industry and have basically quit reading papers and listening to the news in the last few months because none of the sources are believable. A lot of my colleagues do the same.

posted on Feb, 18 2009 @ 11:43 PM
Good luck, I just started a job after 7 months off. Hope all works out for you.

posted on Feb, 18 2009 @ 11:45 PM
reply to post by secretagent woooman

It'll be OK. I make all my money in June and July. I just have to ride it out...

posted on Feb, 18 2009 @ 11:51 PM
Look, I don't want to direct the comments I'm about to make against anyone. I hear what you are all saying. However, one thing that we all need to do, is to stop looking at things in a partisan way. We are all in the same boat. There are no Democrats or Republicans now. There are only Americans. It doesn't matter where the bad news or good news comes from. It IS the news. I don't care if Fox or MSNBC reports it. You have a responsibility to yourself to check the facts, and if they are found to be sound, then act in your best interest. Sticking your head in a hole won't make this situation go away. You can whistle as your walk past the cemetery, but it's still there.You can make believe that this financial disaster isn't so bad, but you're only fooling yourself.

You may say it can't happen here, but I remind you of this:

In the pre-Nazi era my family believed, like the majority of others, that because we lived in a democracy that was founded in a civilized world, that nothing like what was to come could even be imagined, let alone expected. They had all seen the warning signs of insanity and blind hatred, stirred to a war-fever pitch, but had chosen to deny them for the most part, until it was too late. The Germany of that time was a place of hopes for the future, as a nation amongst many peaceful neighbors in the world community. The first World War, the one that was supposed to, “end all wars”, was now a memory from which the world had supposedly learned its lessons. But that was not to be the case, as history proves. The attention span of the public is short, and memories are even shorter.

That, of course, was the 1930's, in Germany.
The Great Depression was also in the 1930's.
Today, people say "Oh it can't happen now. The government has put controls in place to prevent such a disaster again."
Guess what? Those controls were never tested. We are now in a Depression, not yet as bad as that of the 1930's. However, the government is at a loss as to what will work. Even Obama said that they're just experimenting until they find something that they hope works.

Today, we have things working against us, that were not in place in the 1930's. Today , the world economy is one huge system, and the sheer weight of the failures are dragging all of the nations of the world down.

I'm retired now, but I spent my entire life either in the Business world, finally ending my career by teaching college, based on my experiences. I have to tell you, for the FIRST time in my LIFE, I FEAR FOR THE FUTURE OF MY CHILDREN AND GRANDCHILDREN. That fear is not baseless. It is based upon my knowledge and experience in business and economics. I tell you, without one iota of exaggeration, that this situation MAY be BEYOND REPAIR.
The world-wide economy is a sinking ship. You can sit back and enjoy the ride, or you can do whatever needs to be done to ensure your survival and that of your family. I chose the later option.

posted on Feb, 18 2009 @ 11:53 PM

Originally posted by Merkabah
Share and pass on to family and friends!!!

You know, I FKIN HATE GLEN BECK WITH A PASSION. But his beginning comment about al gore using the big chart method to make people believe crap, made me like him just a smidge more!

posted on Feb, 19 2009 @ 12:11 AM
Think about it .. this is the only way the US Gov't can devalue the dollar enough to be equivalent to the Peso.. Amero here we come.

I smell a well oiled plan.

posted on Feb, 19 2009 @ 12:16 AM
A structure is a structure. The foundations for the structure was made to stand the test of time yet it fails to stand 100 years in the test of Human stupidity. Be on the wayside as the structure falls for if you stand beneath it you will be crushed by its awesome weight.

Let it be a show of fireworks than a monumental loss. You see, we can now start anew.

posted on Feb, 19 2009 @ 12:19 AM
the graph is accurate but i am no expert to know what it actually means will happen. we will have to wait and see. the fact that its fox news makes it tough to believe as being fully truthful but indeed very interesting.

posted on Feb, 19 2009 @ 12:30 AM
Does anyone here think that "negative speculation" is contributing to this mess, at all? You think our economy is in shambles because of a few talking heads trying to save face by actually reporting the news, after the fact when it's too little and too late?

This crash has been in the works ever since the Federal Reserve was established. No amount of positive or negative speculation could have prevented this - it is a natural outcome of the system that has been set up, and the creators of this system knew it. Just look at the quotes of former Federal Reserve bankers, they knew that this system is predicated on the existence of debt.

We can not have a working economy without having the majority working as debt slaves. If we pay off all of our debt, then there would be no money in circulation. Shocking, right? There isn't even enough money in circulation to pay off our debt, and this is intentional.

Anyway, in regards to Glen Beck, I am reserving judgment. I don't know much about him. Just recently he has been expressing views that are similar to those of Alex Jones, so I'm slowly gaining respect for him. If nothing else, he has more credibility than any other Fox newscaster.

[edit on 19-2-2009 by Viral]

posted on Feb, 19 2009 @ 12:43 AM

posted on Feb, 19 2009 @ 12:46 AM
I think staying positive right now is like seeing the light at the end of the tunnel, realizing it is a TRAIN, and hoping it won't hit you...HOPE ain't getting nothing done!
I'm amazed that some people actually don't see anything wrong, others do, and are relying on GOVERNMENT to protect them or to make it all better.
I truly hope for the best here...but I'm not delusional either. This thing IS like a train and it will run you over if you aren't ready. Our collective positive thinking will not stop it, its downhill without the brakes now.
My prediction is that by Friday of this week, more fuel to this the sucker's rally in tomorrow's market in the morning, followed by the afternoon frenzy, and subsequent plummet. Say goodbye to 7548, we are going to be setting a new low. Market closes at 7200-7300 tomorrow, 7000 possible by Friday, if not LOWER.
You want POSITIVE???
You POSITIVELY better prepare you and your families for what is coming...What a shame if you are privy to all the warnings on sites like ATS, and do nothing, HOPING for the best. Just my two cents, and that's all I can afford right now.

posted on Feb, 19 2009 @ 01:41 AM

Originally posted by WISHADOW
reply to post by DemonicAngelZero

That was awesome. Glenn Beck is a great actor. He's perfect for any news network as they capitolize on terror. You know they need to make a profit in the time of need. Let's scare everyone for better ratings!!! Anyone that denies their intentions will burn in hell. Fall to your knees for Jesus! Good job republicans! Refuse to adjust to the new presidency. Deny everything. Make everything fail. Oh my god abortion and stem cells? Get the Pope online we need more fronts on the war with Islam! And hey don't forget there's a nuclear bomb that just went off in Jerusalem. I'll tell you letting off that kind of radiation will keep people off your grass for years to come. We can create thousands of more jobs if we build more nuclear bombs and actually use them. I'm happy that all that money was spent making the dollar worthless. It's a worthless commodity. And it can go to hell with all those secret hidden pictures of spiders and owls that those big scary freemasons put into it. I'm really praying for the fall of the dollar. It's destroying rainforests and causing harm to the environment.

"Adjust to the new presidency"? Seriously? You want to blame Republicans for "fearmongering"?

[edit on 19-2-2009 by thrustbucket]

[edit on 19-2-2009 by thrustbucket]

posted on Feb, 19 2009 @ 02:11 AM
I started a thread in the first half of January, before Obama got in office, about the massive spending from the Iraq War + the first Bailout and how it is going to bring hyper-inflation. This was before the second bailout

Looking at the situation now... I see one of three things happening....

a) The dollar hyper-inflates and the United States goes into a full blown depression, worse than "The Great Depression." Chaos ensues. And I don't know how you would fix it from here...

b) We adopt a new currency. Maybe an NAU currency, but probably a World Currency since the USD is the World's reserve currency and the tanking of the dollar will impact the global economy pretty heavily (worse than right now).

c) or I guess it could be a combination of both with A happening before B, causing B... but I would think that they would force the change on us before people hit the streets and the entire workforce is depleted.

Glenn Beck, and so many other people who have already said it/ been saying it, are right. You can't pump this much money into the system and expect the dollar to retain any bit of its value. I consider my understanding of our economy and the Fiat Money system pretty bare bones, but even I can see this.

Since it's pretty obvious the dollar is going to die a miserable death, has anyone considered what it will mean for the US? What scenarios are going to play out? How long is it going to take before the dollar hyper-inflates? (I sincerely believe it's a when not if question at this point) I gave you my three possibles and that's really the only way I see this playing out. Someone please tell me I'm wrong (I hope I am)

[edit on 19-2-2009 by ImaNutter]

posted on Feb, 19 2009 @ 02:18 AM
I think our dollar will be worthless internationally and U.S. will be forced into isolationalsim, with no goods coming in from the outside. We will then have to hire inside the country and not outsource.

posted on Feb, 19 2009 @ 02:22 AM
I was for Obama when he got elected, just because he was slightly better than McCain.

Now I seriously dont know what I was thinking. Obama is bailing out EVERYTHING.

Things fail because whatever it is didnt work. Dont bail it out so one or two things can change. People will find loop holes and get around it again.

The economy is going to fail, be it tomorrow or next year. It is coming and we need to prepare for a massive change in our culture.

posted on Feb, 19 2009 @ 02:30 AM

Originally posted by ImaNutter
I started a thread in the first half of January, before Obama got in office, about the massive spending from the Iraq War + the first Bailout and how it is going to bring hyper-inflation. This was before the second bailout

Looking at the situation now... I see one of three things happening....

a) The dollar hyper-inflates and the United States goes into a full blown depression, worse than "The Great Depression." Chaos ensues. And I don't know how you would fix it from here...

b) We adopt a new currency. Maybe an NAU currency, but probably a World Currency since the USD is the World's reserve currency and the tanking of the dollar will impact the global economy pretty heavily (worse than right now).

c) or I guess it could be a combination of both with A happening before B, causing B... but I would think that they would force the change on us before people hit the streets and the entire workforce is depleted.

I strongly believe it will be C. People won't accept the massive change over to a whole new economic system (which is a forgone conclusion at this point) without a good deal of suffering first. They know this.

What's really sad is this has to be happening on purpose. They WANT this to happen. They WANT to crash the dollar. There is no mistakes here, no oopsy's. This is all very deliberate for a myriad of reasons that can be discussed indefinitely.

posted on Feb, 19 2009 @ 03:41 AM
reply to post by David9176

I wish people would see in your chart, that it starts rising around 1940...not long after the US declares Bankruptsy and we're put on a Fed monetary debt system...really takes off after 1970 when US is taken off the Gold Standard.

Check out my Signature Links if your in doubt about whats going on out there and how it might of started, a long time a go, in a land far, far away...

Edit: The recent rise of CDO/CDS/Rating Agencys is helping to quicken this crisis...

The Bankers' Manifesto of 1892

People without homes will not quarrel with their leaders. History repeats itself in regular cycles. This truth is well known among our principal men who are engaged in forming an imperialism of the world. While they are doing this, the people must be kept in a state of political antagonism.

The question of tariff reform must be urged through the organization known as the Democratic Party, and the question of protection with the reciprocity must be forced to view through the Republican Party.

By thus dividing voters, we can get them to expend their energies in fighting over questions of no importance to us, except as teachers to the common herd. Thus, by discrete actions, we can secure all that has been so generously planned and successfully accomplished.

Sound Familiar?

Notice Who is standing behind TPOTUS these days?
In fact most of the higher up Politicians these days are involved somehow with Bankers/Wall St/Lobbists...

[edit on 2/19/2009 by Hx3_1963]

posted on Feb, 19 2009 @ 03:45 AM
I agree, ProfEmeritus.

First of all, let's try to avoid partisan thrashing. It's starting to look like we're in the midst of an important chapter in history, here, and we can't afford to stand around and strangle one another while the ship is sinking around us. Just as the Great War was renamed to World War I, I wouldn't be surprised if history eventually calls the Great Depression the "American Depression," and the crash of 08/09 the "First World Depression." Anyway, the biased viewpoints on Fox News are no worse than CNN's god-like announcements of who they perceive to be the good guys and bad guys in this mess. I watch both networks anyway... news is news. You gotta take the good with the bad.

So here's my opinion on this mess. It's easy to point at the entire financial system and say that it's all wrong, from the ground up. But the capitalist system that most of the world uses today has brought unprecedented productivity to the Earth, and the rise of a global economy is a major part of that. Yes, I agree that it's broken and needs to be fixed... maybe even a large-scale overhaul. But I wouldn't go calling for socialism just yet.

My perception is that we need more regulation on finances. The banks were practically handing out blank checks a few years ago, and as a result they flooded the system with securities that weren't even remotely secure, and made a profit off of it at the expense of the economy. We've had good regulation in the past, but we were blinded by the "roaring 90's" and I think we just let our guard down. But better regulation is a hindsight that doesn't do us much good right now; it's more of a lesson we need to learn for the future. Right now, the economy is dissolving in a seemingly unstoppable snowball of panic, and what good does economic regulation do us if there's no economy? So what do we do about this snowball of doom?

I'm getting the impression that we are just far too dependent on credit. I'm not talking about "bad consumerism." I mean, we have a financial system that depends on loans. Borrowed money is the lifeblood of the economy, and on a certain level, that's just wrong. I understand that a healthy economy needs to be able to support investments... when you get right down to it, almost everything is an investment. Owning a pet is an investment: Somebody buys a dog because they are betting on a positive experience in the future, even though there is a risk they could be bitten at some point by the dog. Whether you decide to hand some cash to your cousin who's trying to start a small business, or you buy stock in Google because they're showing promise, or you're switching currencies over to the yen because its capital value is going up, the basic idea is the same. But this kind of stuff is exactly what puts the entire world's economy in jeopardy at a time like this. So, where do we draw the line?

I'm no economist... I wish I could see even a faint suggestion of a Holy Grail solution to this problem, but I can't. However, I can't help feeling like something major needs to change in the way we're doing things. Maybe banks should be a purely federal institution. Maybe there shouldn't even BE any banks, and we need to find some other way to put a dollar sign on our trust in one another. Maybe we shouldn't use a 100% fiat currency. Or maybe it's time to redefine our capital system somehow, I don't know. But whatever we need to do, maybe now is the time to do it.

posted on Feb, 19 2009 @ 04:25 AM
I apologize to an earlier poster who felt i was spreading panic by not offereing a solution. That was not the intention. I could not comment on it because i have litle knowledge of how it works and what the jargon means etc.

But even i could see how shocking the facts were, without even knowing exactly what they meant. Thats why i didnt and havent commented.

I posted it for those who may not understand the scale of this, its visual and easy to comprehend. And a person is more likely to take notice of something if they understand it.

posted on Feb, 19 2009 @ 04:40 AM
reply to post by Magnus47

All what you write makes senses.

In my opinion, the major problem comes from

1) the artificial needs created in our daily life, and especially by all kinds of advertising. supply will create demand when conveniently boosted by massive or smart marketing. I would like to point out a very important element: the consumer is paying the cost of marketing when he purchases the goods he has been lured in. The day the cost of advertising will not be part of the product or service price, you will see the end of mass credit supply.

2) the wrong perception of money borrowed to purchase the products or services. The cash coming from a loan is not present money. It s tomorrow's money, if everything goes as planned. So it s not real money it s debt on the future.

I shall point out at the very clear explanation given by this link

Everyone knows this video, but it shall be seen repeatingly until people understand.

To some extent, it seems that the world has created so much debt on the economic future that the economic future is ipso facto destroyed and comes back at us.
In other words, we are crushed by the future we created.
Interesting view, no?

[edit on 19-2-2009 by seb118]

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