Posted on 03/19/2011 7:10:10 PM PDT by RobinMasters
Ain't it great when progressives make up arbitrary rules as they go. We are doomed. The left has FUBARed this country beyond repair.
Bookmark.
Yes they have, and let’s remember that when it’s time to rebuild. There needs to be a serious purge of commies.
Past performance is not indicative of future results.........but it’s the best we got........
bump for later.
“In the bailout process, government agencies will have the right to choose which creditors get paid and which don’t”
What’s new. The government essentially stole GM from the bondholders and gave it to the UAW.
Contract law means nothing now.
Hell to the yes.....
Contract law died with no-fault divorce.
All hedgies are their own biggest admirers.
By all means, read the interview. But consider the source, and consider that it's really not rocket science after all.
anyway, the breakdown of the private sector means the end of economic leadership. Period.
*
Oh, please. It was widely known and consequences were anticipated from dire but workable through to financial collapse. Little old me, no hedge fund "prognosticator" I, was sitting on the beach in the southern Outer Banks when the news hit that summer, that people in California weren't even trying to keep their houses but were just turning in the keys and defaulting. I knew then, as did anyone paying attention, that we were in for one heck of a ride with derivatives and MBS, let alone residential real estate.
Excessive government "coziness" isn't a new thing, either. Is our government run by Goldman Sachs, or is Goldman Sachs run by the government? I have to say, it's hard to tell with all the incestuous back and forth.
Will this precipitate a crisis in one form or another? Well, yes. To some of us, it already is, no crystal ball "prognostication" necessary.
“Yeah I said it too and so did a hundred others. “
Care to make any prognostications on the coming year?
Yes, but is it done peacefully in rigged elections which may come too late or done forcefully upon the realization by whom and how many, esp. when Congess and Courts refuse to help?
How would you start to throw off such a government?
We are still under a national emergency with the President having all the powers granted after 9/11(and secret powers in the Annexes of 2007 which likely means he becomes a military dictator). Congress refuses to review those powers as required by law.
I’m buying extra rice and beans for my economic fallout shelter but I’m hedging my bets by putting bids on a 22 gauge Pittsburgh machine.
get me some..... i will be long gone due to lack of medicine when that occurs.. but rid these pricks once and for all for my kids liberty......
http://www.youtube.com/watch?v=idpTCGrWXEM
The reason people don't realize just how bad it is - that it doesn't LOOK like the Great Depression days with the long soup lines - is because of food stamps.
(waiting for the self-righteous to post about these lazy bums - don't expect an answer)
It sure is great. Government chooses which creditors get paid. It chooses who can get a waiver from Obamacare. It can decide when to ignore the courts. Our federal government intervenes when a state like Arizona or Wisconsin tries to actually SOLVE its problems. Imperial presidency indeed. Everyone should read up on the death of the Roman republic. That really worked out well.
I think that form will eventually end up being a world war.
Maybe it won't be the next crisis, but the one after that, and yes, there will be a series of crises.
Fascism always leads to war before the final collapse.
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