you know things are bad when...
feel free to fill in your own blank here, there are soo many to choose from. thought it could be a sort of fun and silly thread filled with irate cynicism to participate in to help get things off your chest.
ill start.
You know things are bad when you start to ponder if Hugo Chavez of Venezuela would make a good presidential candidate.
http://sg.news.yahoo.com/rtrs/20080927/tbs-portugal-venezuela-usa-7318940.html
"Venezuela's leftist President Hugo Chavez said on Saturday it was the capitalist system that had caused the financial crisis in the United States and the country should come up with a new constitution.
Speaking to reporters in Lisbon on the last leg of a tour that included visits to China and Russia, he said: "I think the United States should start a constituent process to create a constituent assembly, a new truly democratic model."
A constituent assembly is a body elected to draft and sometimes adopt a new constitution.
"It was capitalism that caused the ruin" in the United States, said Chavez, who is one of Washington's fiercest critics, calling the financial crunch "the worst financial crisis in history".
"Let the U.S. empire end and let a great nation and great republic rise from the ruin ... It's time to shout 'Liberty!' again in the United States," Chavez said, calling for a new government to be free of the "dictatorship of the elite" such as big banks and corporations."
and i was going to write in pinnochio... (well not really)
I meant SpLenda...
I meant SpLenda...
You know things are bad when
you wonder if your goldfish would be
better baked or fried!
You Know Things Are Bad
You know things are bad when you can use Spenda as an ant killer, (Seriously I did) you wonder what the hell they are putting in our food that we can kill ants with it, the artificial sweetners turn into formaldahyde (Sp?) in your body, you get headaches from those "misquito spray trucks", they're teaching your kindergarteners about sex ed, and you cannot get a student loan to go to school for nursing. And the list can go on and on and on....
You know things are bad when...
a 'Rope Bomb' sounds almost reasonable.
You know its bad
when your Senator has to think twice to be called a half-wit
You start liking socialists just because they vote no
to the bailout!
You know its bad when
your US congressmen and senators are pan handling. Oh Wait a minute, they are.
You know things are bad when
Senators who are up for reelection in 4+ weeks defy the will of the people and vote for the bailout bill.
Probably know 4 senators who won't
get re-elected
you know things are bad when
you know things are bad when someone suggests making a list titled "you know things are bad when..."
You know things are bad, when...
the bailout passes....
2Chronicles 7:14 If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.
its bad when
liberals stop shooting up fiat currency into their left arm and start shooting up peter schiff into their right arms.
I hate to say it.....but...
Hugo Chavez, Evo Morales, Mahmoud Ahmadinejad, et. al are not *bad* people from what I can see, hear and read. They live in a area that has a culture that is entirely different from ours.
It is not our place, or the place of our Government to worry about their countries. It is not the place of us or our Government to judge them based on the culture of the United States. We must look at them from within their own cultural view to understand them, to understand the culture of the people and only once we understand the history and culture of these countries and people can we begin to look at how they fit into that.
As an example, and this is one of my favorite examples because it bring up controversy :), here in the United Sates were someone over the age of 18 to have sex with someone under the age of 18, we would call that child molestation and the person would be labeled a sex offender.
Now, lets look at the law regarding Male-Female sex in the countries whose leaders I mentioned:
Iran (Ahmadinejad): Must be married.
That is pretty cut and dry. While I don't agree with it. I respect it.
Bolivia (Evo Morales): Males must be 16, females must be 14.
It is not my culture, and while I don't particularly think this is a good thing, it is not my place to say when a female is sexually mature enough. That is their culture and I accept that for what it is.
Venezuela: 16
Again, this is not OUR culture, or is it?
United States:
Alabama, Alaska, Arkansas, Connecticut, D.C., Georgia, Hawaii, Indiana, Kansas, Kentucky, Maine, Maryland, Michigan, Minnesota, MIssissippi, Montana, Nevada, New Hampshire, New Jersey, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Dakota, Vermont, West Viriginia, and the Military: 16<,/B>
Military (at least as of 2001):
ART. 120. RAPE AND CARNAL KNOWLEDGE
(a) Any person subject to this chapter who commits an act of sexual intercourse with a female not his wife, by force and without consent, is guilty of rape and shall be punished by death or such other punishment as a court-martial may direct.
(b) Any person subject to this chapter who, under circumstances not amounting to rape, commits an act ofsexual intercourse with a female not his wife who has not attained the age of sixteen years, is guilty ofcarnal knowledge and shall be punished as a court-martial may direct.
South Carolina: 14
Missouri: 14 (if under 21), 17 (if over 21)
Those are just a few, and who is to say what is right and what is wrong? Just because you may have grown up being told that if you are over 18, then the legal age is 18, doesn't make it:
1) True
2) Right, because who sets that age limit and why?
3) Culturally acceptable
In my state for example the LAW states that 16 is the age of consent, UNLESS you are five years or more older than the person AND in a supervisory position over the person AND you are using that supervisory position to have sex with the other person. However, everyone I know and have ever talked to believes that the age of consent in my state is 18.
All I am illustrating here is that just because you believe something to be a certain way, you have been taught that something is a certain way, and that has been ingrained in you by the way you were brought up, etc. doesn't mean that what you believe is necessarily correct in the eyes of the law or from within what is culturally acceptable.
I forgot where I was going with this as I was interrupted by my gf going to work and my son introducing me to his friend, so I will stop now.
They're bad people because...
Two of 'em redistribute property via force.
Two of 'em stick their noses in other business of other countries.
Two of 'em oppress their people in the name of nationalism/socialism
One of 'em oppresses his people in the name of 'religious orthodoxy'.
And All of 'em are 'populists'.
Long story short: While we can 'understand' their positions, we cannot condone or endorse them. Do not conflate tolerance with acceptance.
You know things are bad.
When your realtor's are taking bids for "under the bridge" home locations.
cardboard boxes are considered "upgrades".
Jim Sinclair's latest - Sunday
Posted On: Sunday, September 28, 2008, 1:12:00 PM EST
In The News Today
Author: Jim Sinclair
Dear CIGAs,
Happy Saturday morning in the "Mother of all Crises" that few understand and only a very few care about.
Consequences cannot be eliminated, adjusted or spun away.
I have seen many tries at explaining this as just another bailout. Both the media and politicos are telling the public to buy toxic paper, failed mortgages and so on.
Has anybody stopped for a moment and asked specifically WHAT IS THE PLAN other than to give the Treasury the right to tell the Federal Reserve to issue $700 billion dollars from their endless blank checking account, so far without checks and balances and free from any litigation from anywhere by everyone.?
Think deeply about this!
OTC derivatives have a measured life wherein more OTC derivatives have to be written to accommodate changes in the interest rate market, assumed risk, creditworthiness of either counter-party and many other variables. Eventually there will not be a number big enough to define the size of the notional value of all written OTC derivatives.
Where did anyone get the idea that those endless equations will in fact ever recover from the ashes?
Keep in mind in bankruptcy of one side of the arrangement (I can't call it a transaction because it isn't yet) notional value becomes real value.
Where did the $700 billion number come from? How was it calculated?
US Economy: Even Hank Paulson's bail-out plan cannot detox global banking
Can the rescue package really halt our slide into a new Depression, asks Ambrose Evans-Pritchard.
By Ambrose Evans-Pritchard
Last Updated: 3:30AM BST 27 Sep 2008
Even if Congress backs the Paulson bail-out, the $700 billion blast cannot save the US, Britain or the world from the deepest economic slump since the Thirties. If Congress balks, God help us. The credit system is suffering a heart attack. Inter-bank lending is paralysed. Funds are accepting zero interest on US Treasury notes for the first time since Pearl Harbour, because no bank account is safe.
Wherever you look – dollar, euro, sterling Libor (the rate at which banks lend to each other), or spreads on credit derivatives – the stress has reached breaking point. If borrowers cannot roll over the three-month loans that are the lifeblood of business, they will default en masse.
“Money markets are imploding. If no action is taken very soon, there is a significant risk that the global economy will collapse,” says BNP Paribas. Almost every trader says much the same thing. So does US treasury secretary Hank Paulson, who as Toby Harnden reports, literally dropped on bended knee to beg help from Democrats on Capitol Hill.
Republican refuseniks – defying their president – have a grim responsibility if they now tip America over the edge, setting off the “adverse feedback loop” that so terrifies the US Federal Reserve. Like players in a Greek tragedy, they seem determined to repeat the “liquidation” policy that led to the Great Depression – and to Democrat ascendancy for years.
Lehman Brothers’ collapse showed the chain of inter-connections that can cause mayhem across a clutch of different markets. That was just one bank – albeit with $630 billion or so in liabilities.
More…
Jim Sinclair’s Commentary
What is in the $700 billion brown paper bag?
Breakthrough Reached in Negotiations on Bailout
By DAVID M. HERSZENHORN and CARL HULSE
WASHINGTON — Congressional leaders and the Bush administration reached a tentative agreement early Sunday on what may become the largest financial bailout in American history, authorizing the Treasury to purchase $700 billion in troubled debt from ailing firms in an extraordinary intervention to prevent widespread economic collapse.
Officials said that Congressional staff members would work through the night to finalize the language of the agreement and draft a bill, and that the bill would be brought to the House floor for a vote on Monday.
The bill includes pay limits for some executives whose firms seek help, aides said. And it requires the government to use its new role as owner of distressed mortgage-backed securities to make more aggressive efforts to prevent home foreclosures.In some cases, the government would receive an equity stake in companies that seek aid, allowing taxpayers to profit should the rescue plan work and the private firms flourish in the months and years ahead.
More…
Jim Sinclair’s Commentary
But they still keep writing this garbage. Financial TV quotes the number as an index of risk to a situation. Is that not complete and unadulterated greed driven madness while Henny Penny is falling from the sky?
Behind Insurers Crisis, Blind Eye to a Web of Risk
By GRETCHEN MORGENSON
Published: September 27, 2008
It is hard for us, without being flippant, to even see a scenario within any kind of realm of reason that would see us losing one dollar in any of those transactions.
--Joseph J. Cassano, a former A.I.G. executive, August 2007
Two weeks ago, the nations most powerful regulators and bankers huddled in the Lower Manhattan fortress that is the Federal Reserve Bank of New York, desperately trying to stave off disaster.
As the group, led by Treasury Secretary Henry M. Paulson Jr., pondered the collapse of one of Americas oldest investment banks, Lehman Brothers, a more dangerous threat emerged: American International Group, the worlds largest insurer, was teetering. A.I.G. needed billions of dollars to right itself and had suddenly begged for help
More…
Jim Sinclair’s Commentary
Conservatorships are usually done when your crazy uncle is throwing family money into the river.
Senate sends big spending bill to Bush
Bill lifts offshore drilling ban, aids Gulf Coast disaster victims
The Associated Press
Updated 12:57 p.m. PT, Sat., Sept. 27, 2008
WASHINGTON - Automakers gained $25 billion in taxpayer-subsidized loans and oil companies won elimination of a long-standing ban on drilling off the Atlantic and Pacific coasts as the Senate passed a sprawling spending bill Saturday.
The 78-12 vote sent the $634 billion measure to President Bush, who was expected to sign it even though it spends more money and contains more pet projects than he would have liked.
The measure is needed to keep the government operating beyond the current budget year, which ends Tuesday. As a result, the legislation is one of the few bills this election year that simply must pass. Bush’s signature would mean Congress could avoid a lame-duck session after the Nov. 4 election.
White House spokesman Tony Fratto said the bill "stands as a reminder of the failure of the Democratic Congress to fund the government in regular order." But, he said, it "puts the United States one step closer to ending our dependence on foreign sources of energy" by lifting the offshore drilling ban and opening up huge reserves of oil shale in the West.
The Pentagon is in line for a record budget. In addition to $70 billion approved this summer for operations in Iraq and Afghanistan, the Defense Department would receive $488 billion, a six percent increase. The spending bill also offers aid to victims of flooding in the Midwest and recent hurricanes across the Gulf Coast.
More…
When you win $5
On a lotto ticket but don't want to use the gas to go turn it in to collect on it.
When Iacocca is asking "Where have the leaders gone?"
http://www.youtube.com/watch?v=daBx_PBrvSE
When you stop shooting
When you stop shooting varmints and birds around your house because you figure they may make a good meal someday.
When You Stop Using Toilet Paper
because you don't want to cut into your reserve supply. You figure there's still leaves around in the fall to use, so you better keep the good stuff for winter.
Old phone books
Just saying.
Will need to to use those to keep warm
x
FRN's
Soon. Just saying.
People like Chavez, Amadimajad, Putin...
start sounding like the voice of reason....
I may not know the truth, but I know when I'm being lied to...
I may not know the truth, but I know when I'm being lied to...
When...
you listen to Ahmadinejad and you actually agree with what he's saying.
when you start looking up immigration policies for other countries and think which country would be easiest to get into.
when you look at the price of 2 movie tickets and think to yourself "I could get 5 cans of pork and beans, or I could buy an ounce of silver with this money" and choose to go home instead.
When
laundry: colors go in with the whites
as everyone on the Daily
as everyone on the Daily Paul should know- it was SOCIALISM and the LACK of capitalism that caused the current financial crisis- not free markets.
Preaching to the choir there dude.
"As for me and my home. We will read Peter Schiff."
"Being an old farm boy myself, chickens coming home to roost never did make me sad; they've always made me glad." - Malcolm X.
You know things are bad
When FAUX news is calling the DR.
you know it is bad when
the school bus that was half empty last year is so full they aren't letting any new kids ride, there's another guy at walmart shopping for fireproof safes at the same time as you are and lecturing you about the end times, the line is so long at the bank the manager is helping people in line to move it along faster, you're calling your 95 year old grandma for advice on how to survive a depression, and you can't find any good deals at Goodwill because the place is always packed with customers now and nothing good is being donated, you refer a client to an agency and they come back and say there's an eviction notice on the door, people can't afford cell phones anymore, half the people you know haven't paid their mortgages in more than 6 months, they are giving away horses for FREE, Hay costs over $15 a bale, people who you thought were wealthy are working at Walmart now?, every other commercial building is vacant, they are Lowering the rents instead of raising them, I love this thread!!! I could go on and on.....They are selling cottage cheese for $6 and cheddar cheese for $9 and the store clerk says "makes you realize you really don't like cheese that much after all" the guy next to you at the bank is being told he can't get any money because he's overdrawn on his account and you overhear other customer trying to get reverse mortgages, refinance their mortgages, crying because they are in forclosure...every time you are at the bank!
This is in California