Let's talk Economy

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Re: Let's talk Economy

 
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  #41
Oct 21st, 2008
See, see - everyone laughed when I brought up posse comitatus! Do you still think we should have USMC/USAF/USArmy become internal police? pant,pant,breath,inbreath,outbreath - okay,okay om mani padmi hum ohm,om.
The black helicopters,The black helicopters
sputter,sputter nom me oho rengi kyo

That was the reason the army issued black berets to the entire army - the French control the UN and blue berets would have been too obvious.
Last edited by GrimJack; Oct 21st, 2008 at 10:59 pm. Reason: I never could spell those Japanese Zen chants
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Re: Let's talk Economy

 
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  #42
Oct 22nd, 2008
George W. Bush in Falls Church, VA 4/29/2005, on what private accounts could do for Social Security funds:
"It means your own money would grow better than that which the government can make it grow. And that's important."
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Re: Let's talk Economy

 
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  #43
Oct 22nd, 2008
Originally Posted by bumsfeld View Post
George W. Bush in Falls Church, VA 4/29/2005, on what private accounts could do for Social Security funds:
"It means your own money would grow better than that which the government can make it grow. And that's important."
Aren't we lucky that we didn't listen to Bush and McCain in those days.
No one died when Clinton lied.
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Re: Let's talk Economy

 
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Oct 26th, 2008
I've taken a vow of poverty. To annoy me, send money.
Never argue with idiots, they'll just bring you down to their level and beat you with their experience.
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Re: Let's talk Economy

 
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  #45
Nov 11th, 2008
There are 10^11 stars in the galaxy. That used to be a huge number. But it's only a hundred billion. It's less than the national deficit! We used to call them astronomical numbers. Now we should call them economical numbers.
May 'the Google' be with you!
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Re: Let's talk Economy

 
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Nov 11th, 2008
That is good VS!
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Re: Let's talk Economy

 
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  #47
Nov 12th, 2008
Let's hope that a hundred billion smackers will safe the US auto industry.
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Re: Let's talk Economy

 
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  #48
Nov 29th, 2008
My dad has his degree in economics, actually taught it for a few years. He is not really a pessimist, but keeps telling me:

When it comes to emerging markets, Eastern and Central Europe account for $1.6 trillion in loans from G10 countries' banks. Followed by Asia with loans of $1.5 trillion and Latin America with $1 trillion.

If you break down the loan originators, European Union banks and United Kingdom banks are where roughly 50% of these emerging market loans came from. In contrast, only 9% originated from U.S. or Japanese banks.

That means it's European Union and U.K. banks that are much more exposed to emerging economies in Eastern Europe, Asia and Latin America. These banks have a disaster on their hand! Their countries could simply run out of money to bail them out!

No smiles in the US however, if the EU and the UK gets ino trouble, it will find its way back to the USA. We are all linked together.

Happy holidays!
Last edited by Ene Uran; Nov 29th, 2008 at 1:26 pm.
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Re: Let's talk Economy

 
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  #49
Nov 29th, 2008
Ene - if your dad is not on Obama's economic board, he might be one of the few left in the country not so employed.
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