Crash: Say Goodbye to the Era of False Prosperity
Posted November 20th, 2008 by Michael Nystrom
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Yay! The era of false prosperity is back! Dow up 6.55%!
:-)
http://groups.yahoo.com/g...
1993---Here we come!!
..
One thing is certain.
One thing is certain. Either they are incredibly incompetent, or they are incredibly evil.
Same thing
I've come to the conclusion that incompetence and ignorance is incredibly evil.
"It's just one big Club - and WE ain't in it"
One thing I'd like to mention,
It seems like the GOP wants us to go into a great depression.
They were so eager to give billions to the people and companies that caused the financail disaster, but now they are fighting against helping American Auto companies which if the Big 3 fail, then millions of Americans will be jobless.
I don't agree with the idea of bailouts, but why give money to the criminals and not help the victims? A big part of the Big 3's problems is that people can't get loans to buy their vehicles.
"The Constitution was written not to regulate you in any way, the purpose of the Constitution is to restrain the government." Ron Paul.
http://www.youtube.com/wa...
I feel the same way about it
I don't see bailing out the auto companies as a bailout more like an investment in american workers. Giving the money to the bankers is like rewarding the crooks and they won't do anything useful with it.
~Mikael / Peace, love, Light and unity ~
it might be an investment in american workers
but it is a bad one. these companies, like the government, are bloated and inefficient. only two things can really come from giving the auto makers money - losing the money due to the companies doing more of the same that got them into the mess, or more socialism if they agree to restructure in a way that pleases the government. lets see: give the most ineffiecient body i can think of (the fed gov) the reigns over an already inefficient industry. a nightmare, imo.
Denmark was plagued by a serious food shortage
"The value of whole, unrefined foods .was dramatically demonstrated on a grand scale during the First World War. Denmark was plagued by a serious food shortage. The government assigned Dr. M. Hindhede, the director of the Danish Institute of Nutrition Research, to design a program for protecting the nation from the hunger threat.
The first action of Hindhede was to increase whole- grain production by limiting livestock production and curtailing the sale of meat, thus saving grain for human consumption. Production of alcoholic beverages was banned for the same reason. Also, grain processing was stopped and only whole-grain bread and cereals were allowed to be sold. Farmers were directed and encouraged to produce more grain, green vegetables, fruits, milk and butter, instead of meat."
"These simple, but from a nutritional standpoint revolutionary , changes in eating habits resulted in spectacular and rapid changes in the health condition of the whole nation. The death rate dropped over 40% in one year. Diseases that affected other European countries, including the dreaded influenza epidemic, bypassed Denmark. In only a few years, Denmark became the healthiest nation in all of Europe! " (p. 46)
http://www.liferesearchun...
relax guys, solving this crisis is easy
All they have to do is plug the money making machine in and print more.
This solves all problems, so why worry?
Didn't Peter Schiff have it right???
I'm putting some extra cash in Schiff's europac fund!!
Real satisfied europac client...
www.europac.net
"The question is not who will let me- the question is who will stop me" - Ayn Rand
quote
I like that Ayn quote. Do you know the source of the quote - one of her books?
bump.
bump.
loom
Tokyo stocks plunge 570 points, GM walks away from Congress empty-handed, European stocks drop again, Air France profit down 96%, jobs cuts at: Rolls-Royce, Boeing, Isuzu, Mazda, Peugeot, Sanvik, Deutsche Bank, Intevac, Akamai, Sara Lee, and at probably another half dozen firms we missed.