[kauaiboy]

more whining by academics

AMERICA IS BY FAR THE STRONGEST AND GREATEST NATION ON EARTH

The only issues going on now is we are correcting the FRAUD THE HAS BEEN PERPATRATED ON US

FRAUD in the banking sector
FRAUD in the housing sector
FRAUD in the Oil prices
FRAUD in government’

and furthermore the UNIONS WHO ARE RUINING MY STATE (Ca) and the US Automakers and OUR SCHOOLS MUST BE BROKEN

WE NEED TO CLEAN HOUSE AND GET BACK TO OUR ROOTS

HARD WORK
THRIFT
INDEPENDENCE
RESPONSIBILITY

THIS NANNY STATE BULLS*** MUST GO AS WELL

GOOD LUCK SEEING THIS HAPPEN WITH THE GUVMINT WE HAVE

/ RANT

[unixfox]

One way to help things would be to completely abolish the current tax system and the IRS.

Give us a flat tax or fair tax. LOTS OF PROBLEMS SOLVED!

[yadent]

How right you are!! Check out ‘market-ticker.denninger.net’. It’s going to be bad, very bad if the market is not allowed to correct itself.

[Leisler]

Only by revolution, and that is not going to happen.
Police( the standing army ) in every town.
A debted, and Basically, we are non owning workers, i.e., serfs. We aren't Minutemen on our self sufficient farms anymore.

I think what happens, happens outside the US and is communicated by, for us, the value of the paper currencies, the dollar.

If China goes south, they'll be selling everything they can to keep China from going up in flames. This action will be a year out. This winter will be rough, but China has the cash to buy food stuffs, and support 200 million urban poor.( We're talking cook the rat poor. Not American poor ). But by next winter, China will have to sell American financials and Treasuries to get dollars. They won't be buying Treasuries.

Next year is going to be hell. Cash will be king. Big King. The US will have to either print money, or Treasury notes like mad. The US will have to raise Treasury yields, sucking money/credit out of our and other economies. The dollar might continue to climb, making our exports in a world wide economy worse. Or we could lose our credit ratings and the dollar could fall, but against whom? How may Swiss Franks are out there?

China, with support of Paulson, the Democrats, and Republicans, might keep buying our Treasuries, devalue their currency, and keep their people working by more exports to us. (Maybe the money now to Detroit, is a last dinner out with the Uncle that has cancer. Goodbye, old friend. Goodbye Detroit, Ford, GM. Uncle Sam has a brand new bag, CHINA! Last Washington/Wall Street mover and shaker in the great CHINA-USA scam is a loser!)