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General : OT: The U.S. Dollar  
     
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Recommend  Message 1 of 29 in Discussion 
From: GreedyScott  (Original Message)Sent: 6/12/2008 6:29 PM
Fed officials making lots of noise about a strong dollar... trying to talk up it's value to reduce inflation... It's all noise, IMO... they have done nothing...
 
- Fed. overnight interest rate... 2%
- Fed loan window... taking more types of products from more than the usual borrowers...
- Congress:   Still running a deficit... in other words, printing money... making each dollar you hold worth less... Stock holders would call this dilution, and/or negative earnings...
- National debt:  $ 9 , 4 1 4 , 4 0 3 , 2 9 4 , 3 6 3 . 6 5
http://www.brillig.com/debt_clock/      <- this is a cool link...
 
The Greedy plan... IMO, what they need to do is:
- Quit printing money... IE.. live within the budget... no off budget spending...
- Make Iraq pay, via oil revenues, for continued U.S. military presence... We bought them their chance... now it's time to let them pay their own way... Also more incentive for them to speed our peaceful exit...
- End farm and ethanol subsidies... If farmers can't make money with food prices this high, they aren't very good farmers...
- End oil subsidies... they don't need them, but drop the stupid windfall profits tax crap... 
- Slowly raise the Fed interest rate... NO more than 50 per year... stop these huge disruptive moves known as over-corrections...
- End tarriffs on needed Brazilian ethanol imports... we subsidise our ethanol because we claim we need it... then charge tarriffs on friendly nations who want to sell it to us... please explain that...  
- Drill oil on U.S. lands, requiring a fair percentage of the oil revenue be returned to the U.S. budget... Claim a 25-30% royalty, and award contracts based on environmental records...
- Heck... once they got spending under control... big if, and if still needed, I'd even support a national sales tax of up to 2% to pay the national debt off.. No sense leaving it to our grandkids...


First  Previous  15-29 of 29  Next  Last 
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Recommend  Message 15 of 29 in Discussion 
From: MSN NicknamemacroscopicSent: 7/16/2008 7:03 AM
LOL!

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Recommend  Message 16 of 29 in Discussion 
From: GreedyScottSent: 7/23/2008 3:27 PM
 still nothing but wind moving the dollar IMO... maybe it's Dolly!  
 

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Recommend  Message 17 of 29 in Discussion 
From: KutzSent: 7/23/2008 4:11 PM
Dolly has turned out to be a little more bitchy than all thought-just heard Cat 2 as it readies to comes ashore!  Hope those folks on south padre are sealed up and drinking baileys and coffee?
 
Kutz 

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Recommend  Message 18 of 29 in Discussion 
From: GreedyScottSent: 8/14/2008 8:29 PM
bump for the debt clock... ...
 
National deficit... budget defecit... inflation... increasing unemployment... housing... and the likelihood of higher taxes and more gov't programs no matter who win the presidency...  it's all good...

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Recommend  Message 19 of 29 in Discussion 
From: BrunoSent: 8/14/2008 8:53 PM
Did you see the HBO special on John Adams,  Well things have not changed one little bit.   its amazing.    We really need a competitive  independent party,  its the only way to break the strangle hold. 
 
Leberman was just , a  black female,  he would have a chance

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Recommend  Message 20 of 29 in Discussion 
From: GreedyScottSent: 8/14/2008 9:00 PM
... a black, gay, muslum, female would be unstoppable... lol... ...

Reply
Recommend (1 recommendation so far) Message 21 of 29 in Discussion 
From: MSN NicknameFrankyB_Is_BackSent: 8/14/2008 10:46 PM
What are you Nuts..LMFAO...... It won't Make a Difference
COLD Reality is Indeed Cold..
There is Nothing FEDERAL about the FEDERAL RESREVE..It is made up of 300 Richest Families..It is Private..the FEDERAL RESERVE is not More FEDERAL (GOV) than FEDERAL EXPRESS..
Congressman McFadden's Speech
On the Federal Reserve Corporation
Quotations from several speeches made on the Floor of the House of Representatives by the Honorable Louis T. McFadden of Pennsylvania. Mr. McFadden, due to his having served as Chairman of the Banking and Currency Committee for more than 10 years, was the best posted man on these matters in America and was in a position to speak with authority of the vast ramifications of this gigantic private credit monopoly. "Some people who think that the Federal Reserve Banks United States Government institutions.Fact is They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lender. In that dark crew of financial pirates there are those who would cut a man's throat to get a dollar out of his pocket; there are those who send money into states to buy votes to control our legislatures; there are those who maintain International propaganda for the purpose of deceiving us into granting of new concessions which will permit them to cover up their past misdeeds and set again in motion their gigantic train of crime.
The 12 Corporations together cover y and monopolize and use for private gain- every dollar of the public currency and all public revenue of the United States. Not a dollar can be put into circulation among the people by their Government, without the consent of and on terms fixed by these 12 private money trusts.'

"In defiance of this and all other warnings, the proponents of the Fed created the 12 private credit corporations and gave them an absolute monopoly of the currency of these United States- not of the Fed Notes alone- but of all other currency! The Fed Act providing ways and means by which the gold and general currency in the hands of the American people could be obtained by the Fed in exchange for Fed Notes- which are not money- but mere promises to pay.

"Since the evil day when this was done, the initial monopoly has been extended by vicious amendments to the Fed and by the unlawful and treasonable practices of the Fed.

 
For the Full Text of the Hearing
 
 
Bottm LINE.....MONEY Talks and BS Walks..and  Most Powerful  Big Money Club is the US Senate.. they are all Members of the Same Club...as Blond to anything as "I love SIRI Club..LMFAO 

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Recommend  Message 22 of 29 in Discussion 
From: MSN NicknameFrankyB_Is_BackSent: 8/14/2008 11:06 PM
Yes Boys and Girls.."The Truth is Really OUT THERE" but YOU need to recinize "the Truth"..And tha Truth is "The Big BOYS always WIN..YOU have  TO Folllow them..Refuse to Reconize What the Big BOYS are doing and YOU WILL LOSE. It is that simple..
But TA  (Charitng for homegamersExposes  EXACTLLY what They are Doing, it is a fingerprint..They Can't hide.The Money FLOW is the KEY.(For HomeGamers, is money Moving in or Out of an issue)...Fighti That and  you Get Blowups like SIRI, YOU will Be left "Holding  the BAG.".Figuring How can a Corp  in a "Seet industry, God Growth, even corps with Good FA will make NO Difference..IF Money is  moving out, the PPS Drops.
.It is Really So simple..
  ...CARRY On
 
  
 

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Recommend  Message 23 of 29 in Discussion 
From: GreedyScottSent: 8/14/2008 11:09 PM
Not sure what "the big boys", TA, and SIRI have to do with the value of the US dollar... but I guess you found another thread you could work a SIRI slam into... ... lol... go for it... who cares?

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The number of members that recommended this message. 0 recommendations  Message 24 of 29 in Discussion 
Sent: 8/14/2008 11:35 PM
This message has been deleted by the author.

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Recommend  Message 25 of 29 in Discussion 
From: MSN NicknameFrankyB_Is_BackSent: 8/14/2008 11:47 PM
 
Very Simple "Grasshopper"
The Dollar's FATE  is  controled by the  Big Boys PRIVATE Federal Reserve ..and All Issues Can be control Via "Financials"
There s a Correct Market Saying, have you heard it.?
"Markets ALWAYS Follow the Financials"That is the PRIME RULE.. (i chart the XLF in Detail as a Guide for Direction".only a Few "Special situations: can go against the XLF.it is that Simple..Financial smove up, Market will move up..If Financials move Down..Markets will Fall...
When the Financials hit Meltdown..(Mtg loans, etc, the Banks (Financials)  were in big Trouble, so  they used "their Club Corp, the Fed Reserve  to Bail out,and Put $$ into system  etc and All banks got $$$ to Save things, they also Moved Up  PPS of the "Investments Held"  so they had Money  to pay things, etc..the General Market  rallied as XLF showed they WAT UP..They needed that so they COULD Sell The Inventment  they HELD at  Higher PPS (look at the Corps "institution Selling in Major DOW,Market issues like GE,CSCO,AIG..Etc. At the Same Time They sold "masses of un-informed Investor Mutual Funds, etc..(banks like BA ,WF make Tons of $$$ in Fees on money they Manage,Selling  to Un-informed  masses is Easy , they CRANK up the MEDIA SPIN, CNBC "I'm calling a botton" Heck JC could see a Botttom IF HE Tripped Over It....And the Experts tha  They have on Panals..What a Joke..they are  fund managers who have an interest in manageing  your $$$$>. "They say Avg down."EVERYTHING WILL BE OK..LMFAO they will never say Take you $$$ the  Market is in REAL METDOWN..(Is FEES for Managing  your $$$ in PLAY..Would they Lie to keep you in the  M funds they SELL?
On your ??.SIRI  has a lot to do with the conversation, IT is  an EXELLENT Example of  a Worhless POS that have Left  tons of un-informed investors "Holding the Bag.. IF you can Remember, as they put the SPIN on SIRI, insiders and "Institutions were Bailing as Fast as they Got Free shares and/or shares Bought after  re-organization  that they pumped up..(GREAT Job MEL..Great JOB Howard, etc..lol..They Sold  As they were on CNBC..Etc.SIRI It is a GREAT Example Because it Is CURRENT, many HERE can relate to SIRI , and SIRI was Widely HELD by MASSES buying the Hype..Most  will .Have Direct hands on  Knowlege of  the SIRI SPIN
on you Other question "Grasshpopper" TA has EVERYTHING to DO With It..TA showed the Way of not only SIRI,But the Market and  the Dolllar (as Fed Big boys manipulated  things) .
What you are failing to Realize  Greedy, my Dear Friend..LMFAO is that ALL things are connected with Money..And  "The TRUTH is REALLY OUT There"..LOOK at IT..Greedy Reconize The Truth..CARRY On

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Recommend  Message 26 of 29 in Discussion 
From: KutzSent: 8/19/2008 4:47 PM
On the watch for inflation!----LOLOL
 
 
To his credit, Fisher has been squaking about this for quite some time.  I was worried about inflation and posting on it 3-4 months ago while discussing whether the FED should lower?
 
Its coming home to roost.  The FED just had to save the banks first-the did it on the backs of main street-did a crappy job-its not done--now we are screwed!  A look at those steller numbers coming out of 2Q reporting companies proves it! 
 
Between Congress, the president, financial instiutions, and the FED-why would anyone want to be the next president?    I wouldn't wish it on anybody-its like a personal death wish!
 
Kutz 

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Recommend  Message 27 of 29 in Discussion 
From: GreedyScottSent: 8/28/2008 3:24 AM
- more of "our' money on the line... ...
 
The FDIC Needs a Backstop: Whalen
... The FDIC may have to borrow money from the Treasury Department to handle an expected wave of bank failures coming down the road...

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Recommend  Message 28 of 29 in Discussion 
From: MSN NicknameScott482Sent: 11/26/2008 7:13 PM
When this thread was started the debt was only in the $7 trillions...

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Recommend  Message 29 of 29 in Discussion 
From: KutzSent: 11/26/2008 10:52 PM
It just keeps accelerating up!
 
Kutz 

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