tag:blogger.com,1999:blog-20377909.post286434788569682218..comments2024-02-26T08:05:58.174-08:00Comments on ECONOMICROT: Bailout or no bailout - what's the difference?Randyhttp://www.blogger.com/profile/09221346085089343469noreply@blogger.comBlogger18125tag:blogger.com,1999:blog-20377909.post-56751800270200914882014-03-27T22:30:28.486-07:002014-03-27T22:30:28.486-07:00UnusualUnusualPENNY STOCK INVESTMENTShttp://www.manhattancalumet.comnoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-5860173164823417692013-01-11T12:35:20.689-08:002013-01-11T12:35:20.689-08:00The difference is someone else is paying for someo...The difference is someone else is paying for someone elses mistakes.QUALITY STOCKS UNDER 4 DOLLARShttp://www.mysheriff.net/profile/finance/alsip/930503601/noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-87057166153391922622010-03-13T14:14:55.456-08:002010-03-13T14:14:55.456-08:00Thanks for the links!Thanks for the links!watch new moon onlinehttp://the-movie-vault.com/noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-71162840525142581692010-03-08T16:57:03.754-08:002010-03-08T16:57:03.754-08:00I would say the POLITICAL WILL is there, the real ...I would say the POLITICAL WILL is there, the real question is, on what it is directed and to HOW is is being translated into.Tonsil Stoneshttp://www.therabreath.com/noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-43760324168667567582009-12-11T13:04:35.311-08:002009-12-11T13:04:35.311-08:00The bailout has already proven to be "product...The bailout has already proven to be "productive" and useful to some extent, although the market is obviously much more unstable that what the administration admits. Somewhere within the thin line of bailout and no bailout lies the mistake - political will?!Irene Cakeshttp://www.rattlecake.com/noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-25814158854671152782008-09-28T20:54:00.000-07:002008-09-28T20:54:00.000-07:00Justin,I love the dry heat of the SW. I'd prefer ...Justin,<BR/><BR/>I love the dry heat of the SW. I'd prefer to be in the 4 corners region near the Hopi Nation (if they'll have me). <BR/><BR/>- PDMAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-29103895058475716612008-09-27T15:43:00.000-07:002008-09-27T15:43:00.000-07:00I love Karl's passion! It's troubling that some pe...I love Karl's passion! It's troubling that some people are capitulating - I'm not! This bailout will at best delay the inevitable paying of the piper, and make the ultimate payment much more taxing.<BR/><BR/>DaveAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-76564423543817718392008-09-27T15:29:00.000-07:002008-09-27T15:29:00.000-07:00Monty Guild at jsmineset.com now backs the bailout...Monty Guild at jsmineset.com now backs the bailout. Glenn Beck now backs the bailout. Who is getting to these people? Are they simply "seeing the light"? Are they realizing that friends and family have 401K's and are scared? I don't know. But no one has gotten to Karl Denninger yet. He still says "<A HREF="http://market-ticker.denninger.net/archives/594-MAKE-THIS-VIRAL-STOP-THE-BAILOUT!-SAVE-AMERICA!.html" REL="nofollow">Stop the Bailout! Save America!</A>" (New video)FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-73115193512673188812008-09-27T08:08:00.000-07:002008-09-27T08:08:00.000-07:00Here's a link to last week's funnies - for those w...Here's a link to last week's funnies - for those who may have missed them: <BR/><A HREF="http://economicrot.blogspot.com/2008/09/weekend-funnies-economic-meltdown.html" REL="nofollow">Weekend Funnies - 20 Sept </A><BR/><BR/><BR/>FoFoa - I absolutely would have to agree... Losing reserve status in a relatively short period of time would lead to a nightmare scenario.<BR/><BR/>Justin - thank you for 1)the kind thoughts and 2)daily contributions you make to this blog. I feel much the same way. Very few that I interact with on a daily basis understand the predicament we're in (nor do they want to). <BR/><BR/>It's very calming to communicate with others who share the same understanding - My psychological fix if you will.<BR/><BR/>I only wish I had more time to devote to this thing.<BR/><BR/>FoFoa - saw that article earlier in the week - scary indeed. Only question is: When will talk/rhetoric turn to action?<BR/><BR/>MogwaiHunter,<BR/><BR/>Understand your point, but would have to disagree - as stated above, loss of reserve currency status would force the end of the US as we know it.<BR/><BR/><A HREF="http://economicrot.blogspot.com/2008/01/dollar-faltering-foundation-of-us.html" REL="nofollow">Dollar: Faltering foundation of US Economic Strength </A><BR/><BR/>Thanks to all for posting up<BR/><BR/>RandyRandyhttps://www.blogger.com/profile/09221346085089343469noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-972858956322348802008-09-27T06:42:00.000-07:002008-09-27T06:42:00.000-07:00Randy,I for one, want to slow the collapse. I nee...Randy,<BR/><BR/>I for one, want to slow the collapse. I need time to prepare for the collapse and if it happens now, I am certainly going to die. <BR/><BR/>So, I say slow it and slow it as much as possible and yes I realize that will destroy the dollar. The dollar is already destroyed. I say GO BAILOUT! I would be for a BLANK CHECK and screw any limit on it! 700 Billion... naw... lets make it 1,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000.<BR/><BR/>Maybe, just maybe, enough people will awake during the time we have left to actually change this world. Worst case, we all get a little more time to prepare.MogwaiHunterhttps://www.blogger.com/profile/10086098893367910013noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-5504796521978828772008-09-27T01:00:00.000-07:002008-09-27T01:00:00.000-07:00German leader warns U.S. superpower era is over"WA...<A HREF="http://www.upi.com/news/issueoftheday/2008/09/26/German_leader_warns_US_superpower_era_is_over/UPI-49431222441387/" REL="nofollow">German leader warns U.S. superpower era is over</A><BR/><BR/>"<I>WASHINGTON, Sept. 26 (UPI) -- German Finance Minister Peer Steinbrueck has proclaimed the Writing on the Wall for the United States: America's days as an economic superpower are over, he said Thursday.<BR/><BR/>Steinbrueck said the United States will "lose its financial superpower status" as a result of the current financial crisis. He said it was now inevitable that the major industrial powers would move into a multipolar financial world with better capitalized Asian and European banking centers rivaling the United States...</I>"<BR/><BR/>This talk is measured in it's severity because this situation is still developing. But read the whole article:<BR/><BR/>"<I>Indeed, it looks increasingly likely that the dollar will not even remain the leading reserve currency. For several years, Arab nations, led by Saudi Arabia, that were alarmed by the financial measures included in the Patriot Act have quietly been transferring hundreds of billions of dollars into euros.</I>"<BR/><BR/>These are the thoughts of the policy makers around the world right now as they watch our Congress on the news.FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-19049797569502775772008-09-27T00:31:00.000-07:002008-09-27T00:31:00.000-07:00How about the Midwest? South central Illinois. Wi...How about the Midwest? South central Illinois. <BR/><BR/>WinkJustin_n_ILhttps://www.blogger.com/profile/02364920951342189988noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-88928071136248737952008-09-27T00:27:00.000-07:002008-09-27T00:27:00.000-07:00Anyone up for buying land in the US southwest and ...Anyone up for buying land in the US southwest and creating an eco-village?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-90605955738103220052008-09-27T00:22:00.000-07:002008-09-27T00:22:00.000-07:00Jim Sinclair's Mineset website, a gold bastion, is...Jim Sinclair's Mineset website, a gold bastion, is tonight encouraging people to support the Paulson Plan. This is a shocker. I don't agree with this assessment, but it is a sign that we should all be scared. When the Goldbugs are saying that we should embrace government intervention, something is wrong in the world.<BR/><BR/>Here's the way I see it. We are right at a turning point. The least worst we can hope for is a bad recession and a stock market decline. Next worse is a stock market collapse and a depression. Next worse is hyperinflation. Just look at Zimbabwe today. And the absolute worst is the destruction of the dollar on the world stage. <BR/><BR/>And I'm afraid that worst case scenario is right where we are headed. We should be restoring confidence in the markets and the dollar by requiring transparency in the biggest financial companies. Instead we are moving forward with glossing over the root of the problem with more money. Money from where? Exactly.<BR/><BR/>The world sees this. They are already tired of America. And as for all the financial problems right now, we are getting blamed. Foreign Central Banks right now are considering ways of cutting us out of the equation. <BR/><BR/>For the past 65 years we have had something more valuable than an unlimited supply of gold. We have had the privilege of owning the printing press of the world. Our dollar has been used by every country in the world to buy oil from the Middle East. It has been used by China, Japan, and many others as a way to hold the savings that come with a trade surplus. And because of this, we have been able to print dollars and watch them flow throughout the world in mass quantities. Every printed dollar bringing a little more wealth to America, and with that, a little more dependence on "the system". <BR/><BR/>If the world revokes our privilege as the worlds "money printer", then we are in big trouble. Because we have become so dependent on our "status" as the world's reserve currency, we will hardly be able to function without it. <BR/><BR/>As it stands right now, we are not a net producer, we are a net consumer. So without the world's net support, we will start consuming ourselves. Just like in the movie <A HREF="http://www.imdb.com/title/tt0106246/" REL="nofollow">Alive</A>. Imagine a depression where even our utility workers are laid off. And the few that remain can't do the job. Everything will shut down. I can imagine a world where we would go weeks without power, and only the labor of thousands of volunteers would finally get things running again. Imagine the panic and chaos that would surround this picture.<BR/><BR/>This is exactly why I DON'T support "the plan". It is destroying the dollar just talking about it. We need to clean up this mess, starting with the big Wall Street banks. We need to hold them accountable. If we FORCE transparency, then the market will be able to price in the winners and dump the losers. That is the direction we need to take. <BR/><BR/>So buy gold, oppose the bail out, and hope for the best.FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-38140065452494161582008-09-27T00:13:00.000-07:002008-09-27T00:13:00.000-07:00Very well put Randy. I appreciate the community he...Very well put Randy. <BR/><BR/>I appreciate the community here. This has become a staple for me. Surely there are multiple reasons for this. Topping such reasons would be that I can relate to you and your opinions. Without mentioning their names the same goes for a few others here . Even though I've never been able to see the above mentioned face to face one thing is for certain. Many of the thoughts that consume us are compatible. <BR/><BR/>In the mental sense this place is truly a stabilizer for me. The number of people who I am friends with possessing the same intellectual compatibility that I am able to see in the flesh are FEW. <BR/><BR/>Thanks a million Randy.<BR/><BR/>GOD blessJustin_n_ILhttps://www.blogger.com/profile/02364920951342189988noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-82593538008290335512008-09-26T23:41:00.000-07:002008-09-26T23:41:00.000-07:00This comment has been removed by the author.FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-32359337723276546202008-09-26T23:31:00.000-07:002008-09-26T23:31:00.000-07:00Randy, I have long thought that hyperinflation was...Randy, I have long thought that hyperinflation was the worst that we could expect. After a lot of thought, I think that the dollar losing reserve currency status is far worse. It threatens the very utilities we rely on for day to day existence. It is a long trail of thought that leads there, but now I am scared.FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-86481105171512277062008-09-26T22:59:00.000-07:002008-09-26T22:59:00.000-07:00Speaking of holding onto hats, I miss the weekend ...Speaking of holding onto hats, I miss the weekend funnies posts...haven't seen it for the past 2 weeks.<BR/>ThanksRamanandhttps://www.blogger.com/profile/07385723230133705375noreply@blogger.com