I Want To Vomit...

[Naam]

And everyone should know by now, there is a concentrated effort to replace the US dollar as the world's reserve currency.

To be replaced with what?

[Naam]

lol @ the RMB being the reserve currency. which ever currency is the world's reserve currency will become heavily strengthened. the correct answer was gold. it already makes up most of the reserves for the usa/europe.

forex reserves of a country/central bank have nothing to do with "reserve currency".

[Naam]

Bunch of chicken littles here. Make your bets on gold then, suckers.

Hmmm... gold up over 26% in the last 12 months.

hmmm... hundreds of assets up 50% in the last 12 months and 300-500% in the last 18 months.

[Naam]

Bunch of chicken littles here. Make your bets on gold then, suckers.

Hmmm... gold up over 26% in the last 12 months.

hmmm... hundreds of assets up 50% in the last 12 months and 300-500% in the last 18 months.

one year ago one ounce of fine gold 34.650 Baht, today 40,410 Baht. hmmm...

[cloudhopper]

Hmmm that means that the THB only lost 17% of it's gold purchasing power vs. 26% for the USD.

[Naam]

Hmmm that means that the THB only lost 17% of it's gold purchasing power vs. 26% for the USD.

that is correct if THB was kept in a cookie jar and not invested for example (other examples exist) in the SET100 where it gained ~30% gold purchasing power.

[cloudhopper]

(other examples exist)

It took Hillary Clinton only 10 months to parlay a grand into 100k on the cattle futures market so it can be done!

Edited October 9, 2010 by cloudhopper

[flying]

The perfect storm ALREADY happened. Obama saved us from a great depression; the only problem was the stimulus should have been much bigger, so the recovery is slow. Now he is being spanked for this, good deeds never go unpunished.

You are not serious.....are you????

Remember he ran a post thanking Geithner & Obama awhile back for saving us

[Naam]

The perfect storm ALREADY happened. Obama saved us from a great depression; the only problem was the stimulus should have been much bigger, so the recovery is slow. Now he is being spanked for this, good deeds never go unpunished.

You are not serious.....are you????

Remember he ran a post thanking Geithner & Obama awhile back for saving us

you mean these Obama and Geithner chaps did not save us? then who saved us? Goldman Sucks? the late Lehman brothers? the combined efforts of the CEOs of Loyal Scotland Banksters, Albion Irish Moneylenders, Deutsche Hype Real Estate?

[Naam]

(other examples exist)

It took Hillary Clinton only 10 months to parlay a grand into 100k on the cattle futures market so it can be done!

comparing melons with strawberries does not prove a point. but quite obviously it is futile to discuss prevailing facts rationally with goldbugs who wear blinkers but are able to see the future.

and i know what i am talking about. i even spend my nights with a goldbug

Edited October 9, 2010 by Naam

[Jingthing]

The perfect storm ALREADY happened. Obama saved us from a great depression; the only problem was the stimulus should have been much bigger, so the recovery is slow. Now he is being spanked for this, good deeds never go unpunished.

You are not serious.....are you????

Remember he ran a post thanking Geithner & Obama awhile back for saving us

you mean these Obama and Geithner chaps did not save us? then who saved us? Goldman Sucks? the late Lehman brothers? the combined efforts of the CEOs of Loyal Scotland Banksters, Albion Irish Moneylenders, Deutsche Hype Real Estate?

Yes absolutely, Obama and Company DID save us. But now Obama's party has to run on the truth, it would have been MUCH WORSE, but that isn't easy to sell on fickle short attention span spoiled voters.

Edited October 9, 2010 by Jingthing

[teletiger]

Yes absolutely, Obama and Company DID save us.

Now I want to vomit.

Regards.

[flying]

Yes absolutely, Obama and Company DID save us.

Now I want to vomit.

Regards.

I just did!! Sad that some are so blind.....

Yes it is sad & it is why it is this way.

There are folks out there that to this day say yes we can in unison to these back stabbing useless pieces of political meat.

It will be hard to ever realize any true change/repairs as long as the blind sheep believe there is in fact change taking place & we have in fact been saved.

Because anything that actually has eyes can see that is not the case at all.

The punch line ....

But now Obama's party has to run on the truth,

Lord have mercy

[Jingthing]

Yes absolutely, Obama and Company DID save us.

Now I want to vomit.

Regards.

How's this? Reelect Obama-Clinton 2012

Edited October 9, 2010 by Jingthing

[teletiger]

There would be a coup before Bambi got back in. IMHO.

Regards.

[flying]

How's this? Reelect Obama-Clinton 2012

Hows this....

Because if your going this route....

Then you may as well take your pick as the result will be the same...

[Jingthing]

There would be a coup before Bambi got back in. IMHO.

Regards.

Bambi? You mean Palin?

[mrmillersr]

For those of you who can interpret some sobering numbers check out http://www.usdebtclock.org/

[Jingthing]

During this time, we needed MORE DEBT, not less. Debt can be a temporary problem if we can turn things around. That is the idea of Keysnian stimuli.

[cloudhopper]

Debt can be a temporary problem if we can turn things around.

And if we can't there will always be a cot for everyone at the nearest FEMA camp. At least if you're willing to hot bunk.

That is the idea of Keysnian stimuli.

No that is the way populist politicians get elected. Keynes advocated saving surpluses to spend as stimulus during downturns, not printing money to do it.

[mrmillersr]

During this time, we needed MORE DEBT, not less. Debt can be a temporary problem if we can turn things around. That is the idea of Keysnian stimuli.

It's hard to respond to ignorant comments like this "We needed more debt."

For those that are completely clueless, buying things like houses that people couldn't afford is what caused the whole <deleted> mess to start with. But then again, maybe the problem was they didn't buy enough houses they couldn't afford. Give me a break.

[Englander]

Yes absolutely, Obama and Company DID save us. But now Obama's party has to run on the truth, it would have been MUCH WORSE, but that isn't easy to sell on fickle short attention span spoiled voters.

Youre right the man and his economic advisers are fcuken geniuses, When they announce job losses the stock market shoots up.

http://www.telegraph.co.uk/finance/comment/liamhalligan/8052899/The-gloves-are-off-QE-is-now-seen-as-an-aggressive-depreciation-tool.html

And as for short attention span voters being the problem, well most proles i meet realise we've got to pay the debt off, and balance budget deficits. Its short term lying corrupt politicians such as the man for all seasons AKA Umbongo, who will quite happy bankrupt the nation to stay in power for just a little while longer.

It was Umbongos mates at GS who whilst under Clinton deregulated the banks to cause todays complete <deleted> up, and that brainless moron has gone and given them all new jobs in office to fix it.

PS please dont play the racism card again for me mocking Umbongo, the reason i mock the man is because he's a smooth talking salesman doing a job thats completely beyond him.

PPS Please read the above link.

[Englander]

There would be a coup before Bambi got back in. IMHO.

Regards.

Bambi? You mean Palin?

As stupid as Palin quite clearly is, the Tea Party that she is piggybacking to stay in the limelight have the only answers to Americas economic problems, the problem is people like yourself who vote for personality as opposed to policy.

[teatree]

During this time, we needed MORE DEBT, not less. Debt can be a temporary problem if we can turn things around. That is the idea of Keysnian stimuli.

I think you have stumbled across an ingenious idea. Why not just print loads of money and buy your way out of debt? Why not print enough for a million dollars for each person in the US. Everyone will be millionaires and their money problems will be over. hel_l, why not make it a billion each?

You may want to do some research into what happened to inflation in the Weimar Republic and find out why this kind of thinking is plain stupid.

[midas]

During this time, we needed MORE DEBT, not less. Debt can be a temporary problem if we can turn things around. That is the idea of Keysnian stimuli.

I think you have stumbled across an ingenious idea. Why not just print loads of money and buy your way out of debt? Why not print enough for a million dollars for each person in the US. Everyone will be millionaires and their money problems will be over. hel_l, why not make it a billion each?

You may want to do some research into what happened to inflation in the Weimar Republic and find out why this kind of thinking is plain stupid.

hey teatree

You know where Jingthing ( who is a staunch Obama supporter ) got this idea don't you ?

Joe Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt’

Unreal how people can think this way ?

[Jingthing]

There would be a coup before Bambi got back in. IMHO.

Regards.

Bambi? You mean Palin?

As stupid as Palin quite clearly is, the Tea Party that she is piggybacking to stay in the limelight have the only answers to Americas economic problems, the problem is people like yourself who vote for personality as opposed to policy.

I feel Obama has an ideology but the trouble is he hasn't been able to implement it fully. For example, health reform was half baked and is a mess. They should have gone MUCH FURTHER towards a universal Canadian style system and I am certain that is also Obama's ideal, but being a practical man he didn't push for what was actually needed, due to socialism-phobia of Americans. Proven by ignorant, reactionary, mostly redneck racist tea party disaster. I think the tea party is a dangerous movement and their leader Glenn Beck is completely INSANE. They must be resisted AT ALL COSTS by TRUE American patriots. The they are even considering bimbo Palin to be president just shows you how little regard they have for the future of our great country.

Edited October 10, 2010 by Jingthing

[midas]

There would be a coup before Bambi got back in. IMHO.

Regards.

Bambi? You mean Palin?

As stupid as Palin quite clearly is, the Tea Party that she is piggybacking to stay in the limelight have the only answers to Americas economic problems, the problem is people like yourself who vote for personality as opposed to policy.

I feel Obama has an ideology but the trouble is he hasn't been able to implement it fully. For example, health reform was half baked and is a mess. They should have gone MUCH FURTHER towards a universal Canadian style system and I am certain that is also Obama's ideal, but being a practical man he didn't push for what was actually needed, due to socialism-phobia of Americans. Proven by ignorant, reactionary, mostly redneck racist tea party disaster. I think the tea party is a dangerous movement and their leader Glenn Beck is completely INSANE. They must be resisted AT ALL COSTS by TRUE American patriots. The they are even considering bimbo Palin to be president just shows you how little regard they have for the future of our great country.

And what is your idea of a " TRUE American patriot " Jingthing ?

Do you support people like Andy Stern ( Obama's right hand man ) who

says " "If we cant use the power of persuasion, we will use the persuasion of power."

[flying]

due to socialism-phobia of Americans. Proven by ignorant, reactionary, mostly redneck racist tea party disaster. I think the tea party is a dangerous movement and their leader Glenn Beck is completely INSANE. They must be resisted AT ALL COSTS by TRUE American patriots. The they are even considering bimbo Palin to be president just shows you how little regard they have for the future of our great country.

your still confused

Beck & Palin are not the tea party. They may try to ride the coat tails & hijack it but they are not what the tea party started out as.

None of their ideals are shared by the majority of the Tea Party

As usual we have a Neo-con propaganda machine in motion using the media to to sway the easily swayed like yourself into thinking the way they want you to think.

Seems they are succeeding

Palin & Beck had nothing at all to do with this visit by the Tea party Express in DC on 9-12-09

PS: I have to say it is funny to see you an X-Pat mention the words TRUE American Patriot .

Mmmmm yep

Edited October 10, 2010 by flying

[Englander]

I feel Obama has an ideology but the trouble is he hasn't been able to implement it fully. For example, health reform was half baked and is a mess. They should have gone MUCH FURTHER towards a universal Canadian style system and I am certain that is also Obama's ideal, but being a practical man he didn't push for what was actually needed, due to socialism-phobia of Americans. Proven by ignorant, reactionary, mostly redneck racist tea party disaster. I think the tea party is a dangerous movement and their leader Glenn Beck is completely INSANE. They must be resisted AT ALL COSTS by TRUE American patriots. The they are even considering bimbo Palin to be president just shows you how little regard they have for the future of our great country.

You now live in a nation with low taxation, by doing so youre showing that you dont like big bad (unaffordable) govt, which is what we have these days in the west (thats not to say i dont think Thailands bordering on totalitarian).

A Palin govt taking half the tax revenue in comparison to Obama/Bushes lot, that balances the budget shows far more regard for the future then any other party, no matter what names you wish to call them.

PS Id vote for a UK version of the tea party as i dont wish to bail out banks/ pay for unaffordable public sector and pensions/ lazy benefit scroungers/ illegal wars/ bail out the reckless borrowers who have made property unaffordable/ or have my life dictated to by bureaucrats .... thats pretty much what your average US Tea Party supporter thinks, its hardly extremism. Im hoping America is going to lead the way on this one.

Edited October 10, 2010 by Englander

[jazzbo]

Because anything that actually has eyes can see that is not the case at all... And we indeed are so lucky because all those John Birchers who truly can see choose to inform the public at large from on high via this here website ... A coup led by whom?