because I understand better than most, I am scared, I hope The FED knows their sh%t

Discussion in 'Forex' started by IQ139, Mar 21, 2009.

  1. While I do agree that these are dire times
    • terrible economy,
    • insane greed to the level of it being a disease,
    • political leadership that would rather play politics instead getting back to the basics that made this country "great"
    • and with the demise of banking institutions that have been around for centuries, yes I would say that our collective forefathers are definitely spinning in their graves
    I just don't see the allusion to this being similar to the conditions that birthed Nazi Germany ... probably because I don't want to. :eek:
     
    #31     Mar 23, 2009
  2. It could be because you still have some sense


     
    #32     Mar 23, 2009
  3. Mandelbrot,

    Hey bro how goes it?

    That's why I qualified my statement about not wanting to sound like a moonbat.

    My point was that those bullets you listed were pretty much the exact thing going on in Germany when Hitler came onto the scene.

    I am not directly correlating the situation to Hitler...Hitler is just a well-known example used to make my point. In fact, this is the basic generic template for any type of coup, etc. Look into how many 3rd world countries have this same situation over and over and a new leader rises to power promising to save everyone from the mess as long as he is given absolute power without question. Of course, out of fear and panic the people gladly hand over their freedom in exchange for "security".

    It's the perfect breeding ground for fascism, socialism, etc.

    I am not trying to prophesy that this will happen...but it COULD. History has proven this as fact.
     
    #33     Mar 23, 2009
  4. Reaver - I know you and I know youre not a moron - so I won't pick on you

    But the other morons need to read some history
    Read the actual terms of the treaty of versailles
    look at the relative position of the weimar republic in world economies in the 1920s

    and then get back on the history repeats schtick

    but first they gotta get their fat asses off the couch and stop watching 'all Limbaugh, all the time'

    nuff said


     
    #34     Mar 23, 2009
  5. Hey Reaver, things are coming along swimmingly. :)

    Lets take a look at the connections betweeen what is happening in our present day economy and Nazi Germany.
    ***
    The Third Reich arose in the wake of the national shame, embarrassment, anger and resentment which resulted from the Treaty of Versailles, the peace treaty between Germany and the Allied Powers at the end of World War I.

    This treaty provided for:
    • Germany's acceptance of and admission to sole responsibility for causing World War I
    • the permanent forfeiture of various German territories and the demilitarization of other German territory
    • the payment by Germany of heavy reparations, in money and in kind, such payments being justified in the Allied view by the War Guilt clause
    • unilateral German disarmament and severe military restrictions
    ***
    What I see mirrored are the emotional reactions that people are having, not the exact same types of action. Hopefully it won't get any worse than creating laws to tax groups of people that you don't like ... but only time will tell. :eek:

    And FTR, I believe your allusions to Nazi Germany are correct, in form but not degree.
     
    #35     Mar 23, 2009
  6. Oh yeah definitely. I was speaking in generalities. I totally agree that some people take it way too far.

    I edited my post BTW in light of your amplifying info. I didn't realize your post wasn't a direct attack on me. Sorry for the mixup.

    Are you still involved in the mortgage market? How's the trading been going?
     
    #36     Mar 23, 2009
  7. Oh shit, I can't believe I said that.

    But then again, I can't believe they did that ...

    I was reading in the paper today how these big investors at the private hedge funds that the government wants to package and sale the bad loans from the banks to (along with some governmental gaurantees, no doubt) don't actually want to do business with Big Brother ... hell, they're afriad of 'em! :eek:

    P.S. Hey, on second thought, I think this is more along the lines of "hunting down commies, gays and uh, artists and creating laws that persecute them, rather than the Nazi schtick".
     
    #37     Mar 23, 2009

  8. Yes, you definitely make good points. I agree with your post on all counts.

    Again, I didn't want to sound like a moonbat or anything. But in the back of your mind it always makes you a little nervous when you see something like this as a possibility, no matter how remote.

    Yup.
     
    #38     Mar 23, 2009
  9. Oh, I see where you're going with this ... and it's anyone associated with Wall Street, trading, speculation and wealth who are going to be the recipients of an extremely misguided government's "witch hunt"!

    It could happen folks, it could happen. :mad:
     
    #39     Mar 23, 2009
  10. Hey Reaver
    Mortgage business is booming
    Closing about 6 loans a week
    all A paper, top notch borrowers

    also raked in some dough on boa - in at 3.50 out at 7
    How about you?


     
    #40     Mar 24, 2009