50 BILLION $ PONZI Scheme.

Discussion in 'Politics' started by pym, Dec 13, 2008.

  1. pym

    pym New Member

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    This country is un-raveling at the seams right before our eye's.... http://www.msnbc.msn.com/id/28204628/ So go ahead and show your support......... and give America the finger!!! And buy a shit-load of Asian crap at Wal-mart, and drive it all to your rapidly de-valuing or De-faulting home in your {take your pick}:

    Honda Hyundai Volkwagen Volvo
    Toyota DAEWOO AUDI SAAB
    NISSAN KIA PORSCHE
    mitsubishi SsangYong MERCEDES
    mazda
    suzuki
    isuzu
    daihatsu
    Subaru

    And Please, PLEASE !!! be sure to enjoy your holiday music and TV programs on your :

    Panasonic's
    Sony's
    mitsubishi's AND at LEAST a DOZEN other's that i can't even FUCKING pronounce.

    HO HO HO..........
     
  2. trentster

    trentster New Member

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    Well, one, there really aren't any consumer electronics made in the US. And two, by buying them at a US business, that places gets money which gets handed to the workers which allows the cycle to repeat.
     
  3. HazelGod

    Gold Member

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    Fuck, yeah. I'm about to order a Samsung plasma monitor, then hop into my Toyota 4Runner (which I only fuel with Venezuelan Citgo or Royal Dutch Shell gasolines) to run down to my grocery to pick up some German beer to drink while watching my new TV. When that gets boring, I'll jump in my Nissan Z (same fuel, only premium this time!) and drop the hammer on the tollway while giving local American police and traffic laws the middle finger and yakking on my Nokia mobile phone. When I arrive at my broker's office, I'll have him liquidate the remainder of my US holdings and invest them in various international interests...the profits from which I will use as collateral to short-sell the US dollar on the global currency markets.

    And I'll do it all laughing the entire time. Suckers.
     
  4. D_Tintagel_Demondong

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    Better yet, you should liquidate all of your holdings first, convert the cash to euros, then go on your nokanasoniciabaishi spending spree. The American capitalist engine will crash and burn and y'all get to start over. I wish my country had a reset button too. :mad:
     
  5. pym

    pym New Member

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    YES!!!! Yessssssss!!!!!!!! Now were showing our 'FUCK AMERICA' sentiments......And How!
     
  6. HazelGod

    Gold Member

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    Oh, I'm a step ahead of you there...I had my employer start paying my salary in Euros last year, direct-deposited into an offshore bank, of course. :tongue:
     
  7. vince

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    Yes, workers in service industries. Who don't actually produce anything. Except profits for the bosses.
     
  8. faceking

    faceking Well-Known Member

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    corrected.
     
  9. TurkeyWithaSunburn

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    Link is expired when I went to go for it. I do know what news you're talking about.

    But how does one man's multi-billion dollar scam relate to buying foreign products? :confused:

    How is this one person making the country unravel at the seams?

    Honestly, I'm confused by what you're trying to point out.

     
  10. B_Nick4444

    B_Nick4444 New Member

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    probably presumptuous of me to say so, but believe the OP is indicating that we should re-think what we have been doing, and start doing things differently, inter alia

    that given what has been happening, it's become rather urgent to do so
     
  11. D_Ireonsyd_Colonrinse

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    Bailing out the U.S. auto industry seems a really bad idea


    These are products that the american consumer was just not buying in the first place (& as the Big Three were hitting up congress for $34 billion in low-cost loans to "stay afloat", a new November report showed that GM's sales fell by 41%, Ford's by 30%, Chrysler 47%)

    GM said it may be forced into a chapter 11 filing if it does not receive government funding before Christmas --- With bailouts for the auto industry and and the banks and, now, potentially the airlines.... are we still a capitalist economy?
     
  12. Notaguru2

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    I can't think of anything American that I own. Land Rover, Lexus, appliances, computers... wait, I think some of my clothes are American made, but that's about it.

    I wonder why that is?
     
  13. samhung

    samhung Member

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    I pay my bills on time, put money into my savings account and retirement fund and where in the hell is MY bailout?

    Looks like the people who played by the rules are once again getting fucked.
     
  14. B_starinvestor

    B_starinvestor New Member

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    I didn't know that when you rent out jetskis on the beach you can get paid in Euros! Texas is so progressive, nothing surprises me anymore.
     
  15. Nrets

    Nrets Member

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    I'm gonna walk to a drugstore and play guitar for change use the change to buy some Atlantic Richfield Petroleum for my 1970 cadillac to drive to school. I will cover myself in homemade blankets for warmth due to a lack of windows. Afterwards I will drink a good old fashioned American malt liquor. Probably Steel Reserve. If I don't have change I will make beer in my bathtub. If I can't afford gas I will ride my bike.
     
  16. nudeyorker

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    I hope there is the same bail out when social security fails!
    l Security
    Government Borrowing from Your Social Security Contributions
    Each week, through FICA contributions from their paychecks, millions of Americans contribute to the Social Security trust funds, the federal 'nest egg' that provides for their future benefits.
    Under the budget proposed by the Bush Administration, the government is expected to borrow over $2 trillion from these Social Security trust funds to pay for government spending over the next ten years. Moreover, Administration officials and Republican congressional leaders have called the trust funds "a mere accounting device"1 from which employees will get "nothing in return"2 - indicating that the federal government does not plan to honor its commitment to paying back what it has borrowed from Social Security.

    The calculator below shows how much of the money you pay into the Social Security program will be borrowed over the next ten years to pay for government spending. If the federal government does not repay the trust funds, as Republican leaders have suggested, none of this amount will be available to pay for your Social Security benefits.
     
    #16 nudeyorker, Dec 14, 2008
    Last edited by a moderator: Dec 14, 2008
  17. B_starinvestor

    B_starinvestor New Member

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    The Social Security system is a ticking time bomb. Its been demonstrated...its going down. Reagan bailed out the Social Security system in his first term for $180 billion.

    The only gratification those of us get by paying in now, is that our parents/grandparents are receiving SS benefits. Its some toxic shit.

    Privatization would work extremely well, but that thought will never pass on this site so I'll leave it at that.
     
  18. HazelGod

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    :no:
     
  19. ZOS23xy

    Gold Member

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    Hmmm. I've been noticing that the only industries that New York City and Philadelphia are attracting are casinos. Nothing to do with the production of anything, but to bleed money out of the population.
     
  20. B_starinvestor

    B_starinvestor New Member

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    Yes, but they are a cash cow of taxes for the gov't.
     
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