Political Opinion

Oh look, inherent trust in government.

As a dog returns to his vomit, so a fool repeats his folly.

I believe a few things on that list are necessary as well. But to justify all of it is lunacy.

Current sea level rise - Wikipedia, the free encyclopedia

Did I call you a “Fake News zombie” already?!
All the scientists with Al Gore on the helm are conspiring against Faux News and photoshopping the melting polar ice caps each year…Right, Jolly?!

It’s all non exact science…Economy is…You probably have a degree in economy, right? You are trying to predict the future of a system that has endless variables to it.

Wow, I never knew it was that bad!

This will get out of control. This will get out of control and we’ll be lucky to live through it.

Lol, just kidding.

Are you actually serious, or are you just joking? Do you honestly think atmospheric CO2 levels can alter the Sun cycle?

The climate profiteer’s thank you for your ignorance and supporting their Derivatives scheme.

This is the story of our age in a nutshell for sure. But never underestimate the politicians’ indomitable ability to kick the can down the road. I see the central banks’ venture into equities as the final nail in the coffin for the financial markets as a realistic pricing mechanism. They already control the treasury and mortgage markets (conforming loans at least). Using virtually unlimited quantities of cash at their disposal, the sovereigns are now assuming complete control of the markets to protect the balance sheets of the financial institutions. That is all they care about. They will indeed be successful in avoiding a crash for the foreseeable future, and so this zombie economy will continue to stumble ahead even as the percentage of people actually working continues to shrink to new all time lows…

I mean, it’s pretty clear what is about to happen. The Housing bubble was pretty clear as well.

Unlike you, I don’t have blind faith in men like…

Yeah

I’m not sure if they will be able to avoid a crash. I wouldn’t be surprised if they continue to postpone the inevitable, but I think a rapid spike in interest rates and things such as BRICS could cause things to quickly get out of hand.

We will either fall like

a) British Empire: Fade into a shadow of former glory, accept lower standards as the new norm, creeping socialism, etc.

b) Soviet Union: Complete chaos collapse, lots of corruption, a few scumbags really make out well and everybody else gets the shaft. New govt will show up but pretty much be a poor, less effective version of former government

c)Weimar Republic - Our economy goes down the toilet and people, stupidly, embrace even more socialism and vote in some moronic tyrant.

d) Somalia: We tear the crap out of each other, house to house fighting between different political/ethnic/economic groups, trash our infrastructure and wind up crapping in ditches.

  1. We magically pull back from the brink, rediscover small government, individual responsibility and freedom, and become the best, most hopeful and most productive country in the world again.

We are pretty much already are fading away like option (A).

Perhaps as that continues, people will lose confidence in the dollar and we will rapidly crash. I think there will inevitably some form of balkinization though.

There is no way to predict when everything is going to hit the fan though. For now, our walking dead economy will continue to flounder around.

That’s right…No one really knows…I have heard economist say by the end of the last quarter that another crash will happen…Instead the stocks went up…Who should I trust.

Now I will go “pond sand” …even tho it sounded like a racial remark I’ll just let it slip…But, I’ll be back to check on you good ole boys tomorrow prolly…Gonna watch Mississippi Burning now and try to get some rest.

Trust Bernanke. He has the best understanding, obviously.

Pond Sand?

I’m pretty sure I told you to “Pound Sand”

Racial Remark? Lol, you would think Pound Sand is a racial remark.

Trolololol

Holy #$@&% Batman! Check out what’s going on again this month in California!

Harvey Milk Day// - SaveCalifornia.com

  • In 2009 Governor Arnold Schwarzenegger signed into law SB 572, which establishes every May 22 as “Harvey Milk Day” in K-12 public schools in California

  • Teachers, schools and school districts will teach children to admire the life and values of late homosexual activist Harvey Milk, of whom the bill states: "…perhaps more than any other modern figure, Harvey Milk’s life and political career embody the rise of the lesbian, gay, bisexual, and transgender (LGBT) civil rights movement in California, across the nation, and throughout the world

  • Under SB 572, children will perform “suitable commemorative exercises,” remembering the “life,” “accomplishments,” and “contributions” of Harvey Milk

  • Although the official HM Day is May 22, school activities occur any time unannounced between May 17 and May 24. This is done mainly to discourage parents from keeping their children home on a particular day.

  • The “suitable commemorative exercises,” are UNDEFINED in this law, and could include (have included during past HM Days at various schools):
    – Pro-Harvey Milk reading and writing assignments and tests
    – Making children watch the fictional film “Milk” in class (R-rated film showing two men in bed together)
    – Having children participate in cross-dressing contests, mock gay-pride parades and mock gay weddings
    – School assemblies teaching children that homosexuality, bisexuality and transsexuality are good and natural and maybe even for them

Now when they say predator, do they mean actual predator or trying to make somebody sound worse than they are?

My buddy went to jail because his boyfriend was 16 and he was 17. The boys parents didn’t like what they were doing so they turned him in. I don’t consider him a predator. Just a victim of a failed system.

That’s nothing to do with being gay. Sounds like one was classified as a minor. Same thing would have happened if the 16 year old was a girl. Anyway, this HM Day thing goes way too far. I understand some schools have been holding HM Day activities for kids as young as 5 years old. That’s brainwashing – pure and simple.

I know. Never said it had anything to with him being gay. We were talking about that predator guy. Was wondering if he’s an actual predator, or people flying off the handle.

Agree there will be eventual balkinization/fragmentation in the Euro Zone. I’m as exasperated as you are regarding what’s going on here in the States. But coordinated efforts of the world’s largest central banks will probably be successful in delaying the next financial meltdown for quite some time. Over the past several months its become clear to me that the on-going discussions in the media about inflation, where is it?, how best to measure it?..yada yada…have just been a smoke screen to disguise the Central Banks’ true intentions which is nothing short of an old fashioned “cornering the market” strategy. Forget mucking around with inflation measures and “too big to fail” scenarios. A more direct method of avoiding a future banking crisis is to control actual market prices. If you can control or manipulate the markets directly then you can better (in their minds) protect bank balance sheets.

Stimulating bank lending is ok, but in the mean time the central banks are quite happy to accumulate assets in their target markets. The more they accumulate, the easier they can manipulate prices. We’ve already seen how well it works – both treasuries and mortgage rates remain at insanely low yields. Now the central banks are taking aim at equities. Already BOJ has committed to doubling its position in equity index funds by 2014. And there is speculation PBOC has also been making large equity purchases. If the USA stock indexes begin to tank, you can bet the Fed will be in there buying too, either directly or using its Plunge Protection Team (aka the too big to fail banks it tells what to buy and sell).

But… But… what about the Moral Hazard of being able to conjure up Trillions of dollars out of thin air, to buy tangible things with it… Ah, who cares. No one gives a crap anymore.

It’s a sick game they are playing.

I can’t believe we have gotten to this point.

Do you see any unintended consequences to this? Any potential for it to backfire?

ETA:

Couldn’t perpetual stock rallies, created by CB’s turn the markets into a personal money machine for everyone who chooses to participate and end up leading to rampant inflation? If stocks just keep going and going because of CB actions, wouldn’t more people start jumping into the endless rallies and start pulling out profits, eventually leading to massive inflation?

Why would you hate the gays? As a heterosexual male, shouldn’t you endorse male gayness as much as possible coz that only means more womens available for you?! So impractical, lol.

Haha, I never thought of it like that.