How Conspiracy Theorists Are Steering US Toward the Fiscal Cliff | |
Anonymous Coward User ID: 24522527 United States 12/12/2012 08:16 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 9258649 India 12/12/2012 08:19 AM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward (OP) User ID: 9258649 India 12/12/2012 08:24 AM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward (OP) User ID: 9258649 India 12/12/2012 08:34 AM Report Abusive Post Report Copyright Violation | OP, Merica is broke. Like really broke. They're keeping the country afloat by suing multi-nationals (BP,HSBC) and encouraging US companies not to pay tax abroad, instead putting it all to American shareholders and banks. Quoting: Anonymous Coward 29620170 America getting broke is like sea running out of sea-water. Never going to happen. "Countries that can print their own currency can never go broke" - Economics 101 |
Anonymous Coward User ID: 12786780 Canada 12/12/2012 08:37 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 25708624 United States 12/12/2012 08:41 AM Report Abusive Post Report Copyright Violation | So far the only things that have failed are the doomsy fantasies of conspiracy theorists - from microchipping to world-is-going-to-end-in-2012 Without gullible people there would be no "banking industry" and therefor no economic collapse. You generalize about conspiracy theorists, not all conspiracy theorists prescribe doom, your title should refer to doomers. Your agenda is transparent stupid libtard. DON'T STOP QUESTIONING |
Anonymous Coward (OP) User ID: 9258649 India 12/12/2012 08:41 AM Report Abusive Post Report Copyright Violation | That republication guy Boehner said the other day " WE ARE BROKE" to the media after talking with Obama. Quoting: Anonymous Coward 12786780 Obama know this but will not tell the public because the monkey's will go nuts when their EBT cards no longer have funds. Obama also knows that you are a moron but will not tell you because he has better things to do with his time |
Anonymous Coward User ID: 25953791 United States 12/12/2012 08:41 AM Report Abusive Post Report Copyright Violation | OP, Merica is broke. Like really broke. They're keeping the country afloat by suing multi-nationals (BP,HSBC) and encouraging US companies not to pay tax abroad, instead putting it all to American shareholders and banks. Quoting: Anonymous Coward 29620170 America getting broke is like sea running out of sea-water. Never going to happen. "Countries that can print their own currency can never go broke" - Economics 101 |
Anonymous Coward (OP) User ID: 9258649 India 12/12/2012 08:44 AM Report Abusive Post Report Copyright Violation | So far the only things that have failed are the doomsy fantasies of conspiracy theorists - from microchipping to world-is-going-to-end-in-2012 Without gullible people there would be no "banking industry" and therefor no economic collapse. You generalize about conspiracy theorists, not all conspiracy theorists prescribe doom, your title should refer to doomers. Your agenda is transparent stupid libtard. DON'T STOP QUESTIONING I've followed conspiracy theories since a decade. Not one of hundreds of theories I've read in last ten years has come true. I guess I've earned the right to generalize about conspiracy theorists. |
Anonymous Coward User ID: 1044117 United States 12/12/2012 08:44 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 25708624 United States 12/12/2012 08:55 AM Report Abusive Post Report Copyright Violation | So far the only things that have failed are the doomsy fantasies of conspiracy theorists - from microchipping to world-is-going-to-end-in-2012 Without gullible people there would be no "banking industry" and therefor no economic collapse. You generalize about conspiracy theorists, not all conspiracy theorists prescribe doom, your title should refer to doomers. Your agenda is transparent stupid libtard. DON'T STOP QUESTIONING I've followed conspiracy theories since a decade. Not one of hundreds of theories I've read in last ten years has come true. I guess I've earned the right to generalize about conspiracy theorists. I think you have the term "conspiracy theory" mixed up with "doomsday prediction." |
Anonymous Coward User ID: 771675 United States 12/12/2012 08:56 AM Report Abusive Post Report Copyright Violation | OP, Merica is broke. Like really broke. They're keeping the country afloat by suing multi-nationals (BP,HSBC) and encouraging US companies not to pay tax abroad, instead putting it all to American shareholders and banks. Quoting: Anonymous Coward 29620170 America getting broke is like sea running out of sea-water. Never going to happen. "Countries that can print their own currency can never go broke" - Economics 101 No, not broke, just sitting on mountains of worthless currency that no one will accept in trade, anymore. Lots and lots of "money". Whoopee! This is BEGINNING to happen. It might take 10 years to run its course (or possibly much less). But it is happening. |
Anonymous Coward User ID: 771675 United States 12/12/2012 08:57 AM Report Abusive Post Report Copyright Violation | There are real structural issues we face, but there is a difference between challenges we must confront and impending collapse. Challenges can energize and mobilize our creativity and ambition to solve and meet them; fear of collapse has a paralyzing effect, or worse -- it leads to a "burn, baby, burn" nihilism that knows no compromise and dismisses measured responses as meek and useless. It fuels radicalism of the most unhelpful sort rather than energizing a collective response to shared issues. And regrettably, this kind of thing is likely to be part of the mix even after Dec. 21 comes and go with nary a dent to the planet. Quoting: Anonymous Coward 9258649 Very good point, actually. |
Anonymous Coward User ID: 19755366 Canada 12/12/2012 08:58 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 9258649 India 12/12/2012 09:05 AM Report Abusive Post Report Copyright Violation | OP, Merica is broke. Like really broke. They're keeping the country afloat by suing multi-nationals (BP,HSBC) and encouraging US companies not to pay tax abroad, instead putting it all to American shareholders and banks. Quoting: Anonymous Coward 29620170 America getting broke is like sea running out of sea-water. Never going to happen. "Countries that can print their own currency can never go broke" - Economics 101 No, not broke, just sitting on mountains of worthless currency that no one will accept in trade, anymore. Lots and lots of "money". Whoopee! This is BEGINNING to happen. It might take 10 years to run its course (or possibly much less). But it is happening. If USD was worthless, it wouldn't rise against most currencies. Check the dollar index..DXY is almost 80..up from the low of 70 in 2008 (presuming you know what DXY is) |
Anonymous Coward User ID: 13158115 United States 12/12/2012 09:10 AM Report Abusive Post Report Copyright Violation | |
Anonymous Cowherder
Stop the inanity! User ID: 28230270 United States 12/12/2012 11:35 AM Report Abusive Post Report Copyright Violation | deflection. "It was those other guys, not us. we 'tried'." Repeal the 17th Amendment and the Reapportionment Act of 1929! Thread: First steps down the road to a return to the Constitutional Republic that we were intended to be. Restore the Republic. Thread: The Bill of Rights does NOT include age requirements! It's a flower, not something to be feared. - Moo! |
*HEISENBERG*
User ID: 28152425 United States 12/12/2012 11:42 AM Report Abusive Post Report Copyright Violation | I don't see how you can deny math. It's simple math. 16 trillion debt(that we know of) growing daily. We can barely pay the interest on that. It is true though, as long as we can print money, we can prop up the broken system, but what happens when we are not the reserve any longer? Do you know what will happen when we print money then? I understand the need to question everything, especially conspiracy theories.....but how can you try and make a case against math? You can take issue with Chem trails, moonlanding "hoax", 12-21-12, illuminati, but you can't argue against math. Math is a constant. |
Elsabiades.... User ID: 28025858 United States 12/12/2012 11:56 AM Report Abusive Post Report Copyright Violation | |
Phennommennonn
Forum Administrator 12/12/2012 11:57 AM Report Abusive Post Report Copyright Violation | bwahahahah ^^^^^^ dude....best come back ive seen in all 2013 to date. WIN. political correctness is a doctrine.... fostered by a delusional, illogical minority...... and rabidly promoted by an unscrupulous mainstream media; which holds forth the proposition that it is entirely possible to pick up a turd by the clean end. |
Anonymous Coward (OP) User ID: 9258649 India 12/12/2012 12:04 PM Report Abusive Post Report Copyright Violation | |
thetrickybigguy
User ID: 29699734 United States 12/12/2012 12:06 PM Report Abusive Post Report Copyright Violation | I don't see how you can deny math. It's simple math. 16 trillion debt(that we know of) growing daily. We can barely pay the interest on that. Quoting: *HEISENBERG* It is true though, as long as we can print money, we can prop up the broken system, but what happens when we are not the reserve any longer? Do you know what will happen when we print money then? I understand the need to question everything, especially conspiracy theories.....but how can you try and make a case against math? You can take issue with Chem trails, moonlanding "hoax", 12-21-12, illuminati, but you can't argue against math. Math is a constant. 5 * post and nothin but the truth.... Falling down is a part of life, getting back up is living. ~ Life is about choices, you get to make them each and every day of your life. ~ Capitalization is the difference between helping your Uncle Jack off a horse and helping your uncle jack off a horse.~ Only in America... do we use the word 'politics' to describe the process so well: 'Poloi' in Greek meaning 'many' and 'tics' meaning 'bloodsucking creatures'.~ “When a government is dependent for money upon the bankers, they and not the government leaders control the nation. This is because the hand that gives is above the hand that takes. Financiers are without patriotism and without decency.” If you're not a liberal at twenty you have no heart, if you're not a conservative at forty you have no brain. Winston Churchill |
Anonymous Coward User ID: 1382145 United States 12/12/2012 12:08 PM Report Abusive Post Report Copyright Violation | |
thetrickybigguy
User ID: 29699734 United States 12/12/2012 12:08 PM Report Abusive Post Report Copyright Violation | 2013? but it's still 2012... i know you live in a time warp. Falling down is a part of life, getting back up is living. ~ Life is about choices, you get to make them each and every day of your life. ~ Capitalization is the difference between helping your Uncle Jack off a horse and helping your uncle jack off a horse.~ Only in America... do we use the word 'politics' to describe the process so well: 'Poloi' in Greek meaning 'many' and 'tics' meaning 'bloodsucking creatures'.~ “When a government is dependent for money upon the bankers, they and not the government leaders control the nation. This is because the hand that gives is above the hand that takes. Financiers are without patriotism and without decency.” If you're not a liberal at twenty you have no heart, if you're not a conservative at forty you have no brain. Winston Churchill |
Mrbillybadass
User ID: 760726 United States 12/12/2012 12:11 PM Report Abusive Post Report Copyright Violation | OP, Merica is broke. Like really broke. They're keeping the country afloat by suing multi-nationals (BP,HSBC) and encouraging US companies not to pay tax abroad, instead putting it all to American shareholders and banks. Quoting: Anonymous Coward 29620170 America getting broke is like sea running out of sea-water. Never going to happen. "Countries that can print their own currency can never go broke" - Economics 101 O.o.... |
Anonymous Coward (OP) User ID: 9258649 India 12/12/2012 12:15 PM Report Abusive Post Report Copyright Violation | I don't see how you can deny math. It's simple math. 16 trillion debt(that we know of) growing daily. We can barely pay the interest on that. Quoting: *HEISENBERG* It is true though, as long as we can print money, we can prop up the broken system, but what happens when we are not the reserve any longer? Do you know what will happen when we print money then? I understand the need to question everything, especially conspiracy theories.....but how can you try and make a case against math? You can take issue with Chem trails, moonlanding "hoax", 12-21-12, illuminati, but you can't argue against math. Math is a constant. We are not discussing maths, my friend, but economics. In economics, the amount of debt is always considered in relation to the GDP of a country. In case of US, the GDP is also over $16 trillion giving a public debt : gdp ratio of 1:1 or 100% which while high is not astronomical. Consider that Japan has debt:GDP ratio of over 200 %, for nearly two decades, but it hasn't been bankrupted or even faced problem of not being able to pay it off. Also consider that dabt:gdp ratio of US during post WW2 was as high as 146%, yet its economy continued booming for several decades. First of all, it is unlikely that USD will stop being reserve currency for many more years because all other currencies of the world are far weaker than dollar, including Euro. But even in the unlikely event that USD stops being reserve currency, it won't make much difference. After all, Japanese yen is not a reserve currency, yet it hasn't been bankrupted by its high debt. |