McAble vs McCaine

[Zer]

You think you are going to elect a president, but you are only voting your global liquidator.

But hey...there is also positive sign - at least the forthcoming president is not able to go into a war, because he`s out of money for doing so.

[garyb]

there's always money for war.

[Zer]

Let`s be patient

[garyb]

no, the war mongers loan money. for war.

[siriusbliss]

war is the first go-to way of 'saving' economies, since they are now so inter-linked with the military industrial complex.
War justifies recessionary spending and increasing the debt. Just start a way and you can print all the money you want.

Greg

[siriusbliss]

Then this financial crisis is just a fake war.

IMO it's a real war to bring down the global economy that will force consolidation of banks, resulting in a global sort of 'federal' reserve, and increased loss of freedoms.

There are already plans for the 'Amero' in US/Canada/Mexico, and further consolidation of Asian, South American, and African markets - which is why BS like what what happened in Argentina several years ago is created (rather than just happens).

America was the last stronghold, but now the globablists are even bringing it down, while China and Russia gain more power (although China faces a huge recession also).

Globalism (and the people that own the banks and 'run the worl) are the culprit.

The current wars in Afghanistan and Iraq are all about oil (Caspian sea pipeline), and poppies (heroin).

Everything else is a ruse.


G

[siriusbliss]

So the certificates and all the inter-bank loans were just pandora boxes and trojans.

forced consolidation, or basically one big ponzy scheme.
Yup, trojans is a good word for it.

Watch out when the derivatives come due any day now.

G

[Zer]

Afghanistan is about drugs. 98 % of the world leading heroine is coming from there. A far better yield than oil. They have no relevant oil ressources and they don´t have many alternatives then growing poppy. A bit of coffe maybe, but that doesn't count on the global markets.

The financial crisis is still not over. For most international firms the bad dept insurance is not given for their j.i.t. deals. That results in no delivery to the supermarkets as well as truncating other services.

And those guaranties of the governments: What shall that be? Foul credits are still foul credits. They will blow off some day and the governments will have to pay for them. So it's just a matter of time when the second run will start.

[garyb]

Yes we pay now with our real money for the virtual money that is in the 'financial industry'

my thoughts exactly. no thanks.

how dead are people to actually accept such tomfoolery?

[Zer]

real money?

Do you think your moneay has a real value? Ist your currency based on a real value like gol or platinum?
I don´t think so.

[Shroomz~>]

Good point Zer. Paper money is just a credit note & modern coins aren't much better since they're not made of valuable metal. Paper money was invented by people that's companies' now have assets & holdings going into tens of trillions. In the case of the J P Morgan company it's over $70 trillion.

[Neutron]

There we go.

[garyb]

real money can be held in your hand and belongs to you. credits are issued by an authority, belong to the authority and are a privilege. the current paper money is somewhere in between. the electronic age upon us will bring a new fuedalism through credits as money becomes an outdated idea.

[Shroomz~>]

Gary, I'm a bit surprised at you on this one. Real money is something we've been forced to forget by bankers. The paper money we have is simply a credit note that's essentially a promise by the bankers that made them to stand by the value of the note. Our current so called global credit crunch is a direct result of bankers printing more credit notes than they can actually honour imo & that's why the burden of the problem should NOT be placed on the taxpayer by the bank funded governments while the bankers actually sit quite comfortably on their mountains of wealth.

[Shroomz~>]

Sorry, I should have said... "Our current so called global credit crunch is a direct result of bankers printing more credit notes than they can actually honour whilst continuing to make excessively large amounts of profit."

[Shroomz~>]

Btw, there must be some sort of reason for a recent upsurge in investing in Gold, Silver & other commodities with actual value. Maybe there's been some realizations about what paper & electronic money is actually worth... IE potentially zero. It's only worth something while there's still people willing to sell you something for it or accept it in payment for something.

[marcuspocus]

Forget about what you think about money, learn how it's created in the first place :

http://video.google.com/videoplay?docid ... 2583451279

Doomed to fail...

[Shroomz~>]

That video is excellent. I like the way it was made like an educational video for schools... now that's a joke in itself, eh? They couldn't possibly include information like that in the learning curriculum....

[garyb]

Shroomz, that's all pretty much true.

before banks were able to loan more than their assets, the money represented shares of the net worth of a country, whether in gold, silver, platinum or just as a paper representation(like a stock certificate). yes, the money was the trick that started cities and ultimately leads to the bankers owning everything...i believe it was Mayer Rothschild who said, "Give me control of a nation's money and I care not who makes her laws".

bamboozled.

buying gold while the price is suppressed is not such a bad idea....if you can find some to buy...

the coming money system, after the great crash, will be only in volatile ether in a database and will be rationed and controlled. credits are not the same as money. money is a trading commodity, credits are the charity from the ownership. in such a system, there is no personal wealth. trade is only possible within the system. everything is numbered and tracked and allotted. people are at best lessees of product produced and owned by the corporate banking state. in this situation, gold coins won't be of much use...

[marcuspocus]

Noticed the part where they talk about ratio, 9:1? This is the actual ratio the bank work with today.

ex.: A bank owning 1$, i can lend/invest 9$! Thus creating 8 virtual $.

I work in banks for a long time now, i can assure you this is very very true.

Now report that on what's happening now, and what does this mean when banks say they wont be making loans no more = death of the system

The capitalist system is very fragile, scary...