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Originally posted by xxshadowfaxx
Call me crazy, call me stupid, call me whatever you want.
I believe the governments are trying to keep the economy as stable as possible for as long as possible. They are trying to stop it from crashing for as long as they can. Why? Because I honestly believe that something major is going to happen to earth in 2012, and they know it. This is why they are spending so much money. They are preparing themselves and a select few to survive, while not telling the rest of the public. Their only favor to us, is not letting the system crash until it absolutely has to. Then the world will be thrown into chaos, while they go and hide in their underground shelters and hope to survive whatever is coming. Just look at denver airport. Just look at the georgia guidestones. Just look at the seed vault. And most importantly, just look at how the government seems to have made no plans whatsoever for a future beyond 2012. Every major economy in the world has a foreseen crash in 2012. All national debts are due, which can't be paid back. We're talking war. When one can't pay the other, they do what drug dealers do to each other. Shoot first. Enjoy what is left the economy. And hope I am wrong.
[edit on 30-3-2010 by xxshadowfaxx]
Originally posted by HunkaHunka
You still haven't explained what the OP meant when he/she said "Get out of debt now... if you remember the late 70's early 80's you'll know what I mean" is referring to. That's what I asked him.
Originally posted by Sarkazmon
Ah yes here come all the right wingers to blame it all on "progressives"
Tell ya what.
Why don't all you people who forget that Nixon is the one to have defaulted on the US obligations with the closing of the gold window and are good for nothing else than to bash "progressives" go back to living in your cave.
Maybe one day a "progressive" will come along and give you fire and the wheel. Lord knows no right thinking conservative would experiment with anything "progressive" like that. They are happy living in the past.
Hey, your the one who dragged politics into this.
Anybody who believes that the economic mess is the fault of only one side of the coin doesn't deserve the time of day.
[edit on 30-3-2010 by Sarkazmon]
Originally posted by j2000
reply to post by xxshadowfaxx
Well at least someone is paying attention. Good post.
Money does not disappear until the Fed. Res. raises interest and takes it back. So the wealth only get transferred to someone else.
Where the hell did 10's of Trillions go missing to over the last decade????
Anyone? Anyone?
Bueller?? Bueller??
The biggest problem with the next couple of years and what is happing now is, there are too many unanswered questions. If there are serious questions left by several different peoples of the past that have a common point, would it not be smart to try and answer them?
I think they have the answer already.
Originally posted by Jakes51
The economy is in no way near any kind of recovery, and sadly, what the American people are being exposed to is smoking mirrors by their leaders, economists, and the MSM. They are being duped.
Originally posted by Sarkazmon
Ah yes here come all the right wingers to blame it all on "progressives"
Ah yes here come all the right wingers to blame it all on "progressives"
Originally posted by Sarkazmon
They are happy living in the past.
Originally posted by Rockpuck
And if people think it started with Carter, please don't get that inpression, the cycle was long before that. Before Volker was William G Miller, who inherrited an economy with 6.5% inflation (not as high as Volker). However it should be noted that Miller, Volker, Greenspan and Bernake ALL subscribed to "Keynesian" logic.. that when the economy contracts, inflate the monetary supply and buying power will induce economic euphoria to bring about economic expansion (with or without wealth generation). Before Miller was Burns, who was also a Keynesian.
He served under Carter as Chairman of the Board, and Reagan's Secretary of the Treasury.
Originally posted by hotpinkurinalmint
The people most at blame for this are the American Citizens. American Citizens seem to want to have their cake and eat it too.