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Posted on 09/20/2007 4:55:46 PM PDT by NYer
Basically. Really more like your dog emptied out your checking account with his constant demands for food, toys, grooming, and state-of-the-art veterinary care. If he only ate the checkbook, and you were solvent before he did that, then you’re still solvent — just very temporarily illiquid. The check will be in the mail as soon as you get the checkbook replaced, and for creditors who don’t want to wait that long, funds could be wired out the very same day the dog at the checkbook.
It’s called watching your FRiends back? Don’t you have that in your world?
That's one of the weakest arguments I've ever seen; it is also a logical fallacy. You've proven nothing. Claiming that something couldn't be happening just because the "Euro was never kept a secret" doesn't dismiss all the other parallels. Europeans are not Americans and they don't think the way Americans do. That's like saying it couldn't happen here because we don't speak the same kind of English in America as they do in England.
All you’re doing is typical conspiracy theory methodology. Any proof that something doesn’t exist, you simply transfer into proof that it does.
Besides if it is all true, what can I do about it? Sounds to me like, if what you’re saying is true, we’re all f**ked anyway, might as well enjoy the ride before we put bullets to our heads.
It's a continuation of the same problem. Our sovereignty.
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and being ridiculous.
If it were the Clinton Administration in power right now, either Bill or Hitlery, probably the FR threads would seethe and bubble over with widespread agreement over the premise of this foreboding article.
However with a Republican (some would say a "RINO" but that is a different thread!) firmly at the White House helm, you see a preponderance here of dismissing this kind of projection and prediction.
I can tell you from independently watching things here in Japan, watching the USA, Brit and Asian markets, taking temperatures everywhere, and talking with tons of people, this is an extremely serious global situation the likes we have not seen in many of our lifetimes.
I for one am not particularly optimistic about things right now. We had heard the warnings about such things as these Too-Good-To-Be-True "No Interest Loans" and other packages and products. It is all about the sub-prime borrowers, not a few of them illegal aliens, itinerant, untrustworthy, irresponsible, illiterate and the like, simplistically thinking they could base their payback ability on ever rising domestic U.S. real estate values. Freely and of their own volition, ignorance, greed or whatever they went out on a limb (again, their foolishness) and the mortgage companies and shady financial organizations also going out on a limb (again, their foolishness, too).
Wait till the other shoe drops. It AIN'T going to be pretty. Democrat or Republican in the White House. No difference!!
Your post revealed who you are. ANd it is as I expected.
Nice try, but I said the following: I'm a loyal patriotic American who puts country before anything and everything else, save God and my children.
yes, of course it will (and already has).
OH MY GOD!! A 0.008 DROP! WE’RE DOOMED!
Doesn’t look very healthy. Thank you for the chart.
As did your, and yours was also expected.
There have never been “No Interest Loans.”
I have noticed it too. Every bloody thread has to have something about illegal aliens on it. Some of it can be quite racist.
Why do you need your back watched?
It actually looks more like you ping one another to come and reinforce what each is posting. And to give the appearance of support.
OK, but the problem here is that you have no proof that any of this happening. So why not focus on those things that ARE happening and we can do something about?
yeah.....the “expert” Mike Whitney lives in Washington state.
You assume that everyone is stupid and is up to their ears in debt. 40% of homeowners have no mortgage debt. Many of the ones that do have mortgages are not stupid and don’t sign up for interest only loans or ARMS that they can’t afford.
Are there people out there that are stupid? Yes! Are they going to be in trouble? Only if the government doesn’t step in a pull their bacon out of the fire, which they will probably do.
Doom, gloom we’re all going to die! If I wanted that news I’d watch CBS,ABC,CNN or Shepard Smith.
You seem to put yourselves in this exclusive little club where only the members have brain cells.
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