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jose
9th December 2008, 04:24 PM
Our shift is coming...

U.S. Loosing Ground as Primary Internet Hub
http://www.circleid.com/posts/us_loosing_ground_primary_internet_hub/

Rubber Duck
9th December 2008, 04:37 PM
Our shift is coming...

U.S. Loosing Ground as Primary Internet Hub
http://www.circleid.com/posts/us_loosing_ground_primary_internet_hub/

Watch my lips!

Change in World Order. ;)

later777
9th December 2008, 04:47 PM
Where US is NOT loosing ground these days? this is a result of irresponsible liberal policies and rampant idiotic greed.

Rubber Duck
9th December 2008, 05:18 PM
Where US is NOT loosing ground these days? this is a result of irresponsible liberal policies and rampant idiotic greed.

Well, they have overhauled the Czechs in the Fairy Tale market just in time for Christmas. You cannot fault their timing on that one! :p

Drewbert
9th December 2008, 06:59 PM
Where US is NOT loosing ground these days? this is a result of irresponsible liberal policies and rampant idiotic greed.

I've heard of Commander MessyPants being called irresponsible, but this is the first time I've seen anyone claim he's liberal.

Liberal at handing out money to his rich buddies, yes, but that's about it.

later777
9th December 2008, 07:04 PM
I've heard of Commander MessyPants being called irresponsible, but this is the first time I've seen anyone claim he's liberal.

Liberal at handing out money to his rich buddies, yes, but that's about it.

I was rather talking about what was going on for the last 50 years. This did not just happen because of the CommanderMessyPants.

Rubber Duck
9th December 2008, 07:12 PM
I was rather talking about what was going on for the last 50 years. This did not just happen because of the CommanderMessyPants.

Well you might be able to trace the development of the problem back 50 years, but basically three people are primarily to blame.

Reagan
Greenspan
Bush

later777
9th December 2008, 07:21 PM
Well you might be able to trace the development of the problem back 50 years, but basically three people are primarily to blame.

Reagan
Greenspan
Bush

They bear a lot of responsibility but I think this all started in the beginning of 20th century when government for some reason delegated money creation to obscure Fed(which some say is a private bank) and started the inflation spiral.
Add to this immigration reform of the 60s under the pressure of crazed liberals.
add to this unchecked Wall Street speculation which created the notion that it's not necessary to produce but just to play the market. Add to this rampant inequality of compensations not seen anywhere in the World. What is happening now was bound to happen sooner or later.

Rubber Duck
10th December 2008, 04:39 AM
Not really surprising. They are celebrating getting to half-way up the fourth grade maths tables, but basically the Far East is just way ahead in terms of technological development.

http://www.nytimes.com/2008/12/10/education/10math.html?em

Drewbert
10th December 2008, 04:53 AM
Tech dev = bad if you're a talking snake believer.

Apart from bombing technology, of course!

Viva la auto-rapture!

http://www.youtube.com/watch?v=dMHDBL7CNA4

Rubber Duck
10th December 2008, 05:13 AM
Tech dev = bad if you're a talking snake believer.

Apart from bombing technology, of course!

Viva la auto-rapture!

http://www.youtube.com/watch?v=dMHDBL7CNA4

Did Kenny also understand where the US car industry was headed?

http://www.youtube.com/watch?v=ecsEAXNlfv0&NR=1

Drewbert
10th December 2008, 05:27 AM
Heh. I thought SeƱor Frijol was the only one to get that on tape.

They're WAY too rare over here to be doing that.

http://articulo.mercadolibre.com.mx/MLM-25413118-mini-cooper-edicion-25-aniversario-_JM

later777
13th December 2008, 02:57 PM
Did Kenny also understand where the US car industry was headed?

http://www.youtube.com/watch?v=ecsEAXNlfv0&NR=1

That's not about some "car industry" anymore.. The whole world financial system has become one big Ponzi scheme.
It started in Great Britain, granted, but in US it was polished to perfection.

Isn't the whole US banking system (as in Central banking fiat money system) one big Ponzi scheme? Under the Federal Reserve system, money doesn't exist until someone agrees to borrow and repay it with interest. Then the money is simply created out of thin air by The Bank. To keep the system afloat, more borrowers must be found to allow the creation of more money at the bottom of the pyramid. When they talk about consumer confidence and expansion of the economy, what they are really talking about is the luring of new borrowers into the system. When they can no longer find new borrowers, the system collapses as all Ponzi scheme did before.
The question is only how you delay it and for how long.

trapezoid
15th December 2008, 04:24 PM
Everything is falling apart... it's just that simple.

Too bad.
http://www.image-jump.com/img/08040837089cdf46631a10aca5258e16.gif

Rubber Duck
15th December 2008, 05:54 PM
That's not about some "car industry" anymore.. The whole world financial system has become one big Ponzi scheme.
It started in Great Britain, granted, but in US it was polished to perfection.

Isn't the whole US banking system (as in Central banking fiat money system) one big Ponzi scheme? Under the Federal Reserve system, money doesn't exist until someone agrees to borrow and repay it with interest. Then the money is simply created out of thin air by The Bank. To keep the system afloat, more borrowers must be found to allow the creation of more money at the bottom of the pyramid. When they talk about consumer confidence and expansion of the economy, what they are really talking about is the luring of new borrowers into the system. When they can no longer find new borrowers, the system collapses as all Ponzi scheme did before.
The question is only how you delay it and for how long.

It begs the question, if it really is created from thin air, does it really matter it nobody repays it? It is bits of paper at best and most it doesn't even take a physical manifestation at all.

touchring
16th December 2008, 03:04 AM
It begs the question, if it really is created from thin air, does it really matter it nobody repays it? It is bits of paper at best and most it doesn't even take a physical manifestation at all.


You should ask the kublai khan mongols, they were the first to print money out of thin air on an almost worldwide scale.

later777
16th December 2008, 03:37 AM
It begs the question, if it really is created from thin air, does it really matter it nobody repays it? It is bits of paper at best and most it doesn't even take a physical manifestation at all.

That's strait to the point. To the bankers mafia it does not matter if the borrowers cannot pay. They just take over the collateral. For them, creating money does not cost anything but they get real value in case the borrower defaults in return.

touchring
16th December 2008, 04:18 AM
That's strait to the point. To the bankers mafia it does not matter if the borrowers cannot pay. They just take over the collateral. For them, creating money does not cost anything but they get real value in case the borrower defaults in return.


As i understand, the collateral for the $2 trillion lent out recently are CDOs?

Rubber Duck
16th December 2008, 04:27 AM
Well, there is the rub. In far too many cases the underlying collateral is non-existent. That is why we have a credit crisis!