Is $1 Trillion bail-out "big ponzi"?

The citizens of this country will be slaves before they ever revolt against a system unfair to their fruits of labor. We're all lazy, dumb, arrogant assholes. I can't hold a 5 minute conversation about how fucked up (to the depositors and holders of USD) our fractional banking system is with an average American citizen.

 

Posted in other forum-:

That is the worst thing the government can do. By just increasing the amount of money by printing more means that you just devalue the currency.

This is what killed the economy in Germany after World War I and ushered Hitler into power, when the deutschemark was so devalued it took a wheelbarrow full of money to buy a loaf of bread.

This is also why the government of Zimbabwe just issued their first $100 trillion "dollar" note, which translates to just about US$300. This is also why the government makes such a big deal about dealing with counterfeiters, because there is a fear that some terrorist group may try to destroy the country's economy by flooding the market with fake currency.

 

anyone who thinks geithner is a 'Change' from Paulson is blind

 

The $1 Trillion bail-out and $1.5 Trillion stimulus package is creating World War III like situation.

 

USA army should over-throw the government and gain 100% control over USA administration. Barak Obama & his team is too weak, incompetent and useless.

George Bush was the Best-ever USA President.

What further improvements and better policies can Barak Obama make which George Bush could not make. It is a dead end and there is no way out. It's over.

 

China has about $200-300 billion cash in its foreign exchange reserve of over $1.9 trillion. More future capital outflow may force China¡¦s central bank to sell its dollar assets to meet domestic demand of cash exchange, and this will lead the central bank to adjust its portfolio of foreign exchange reserve by selling long-term treasury bills and buying short-term ones. China¡¦s capital outflow in the fourth quarter last year was estimated at about $160 billion

http://www.chinastakes.com/story.aspx?id=978

 

A lot of doctors here in the U.S. are from India. We need them.

 

Falling giant banks & giant companies" are indicators of approaching massive financial catastrophe which is further loss of $1200 Trillion to the world economy

Too bad there is $1,400 Trillion of wealth left to evaporate and will probably only be about $200 Trillion at current values left when all is said and done.

The deflationary credit contraction begins.