http://www.bloomberg.com/apps/news?p...Kok&refer=home

how about another NINE POINT SEVEN TRILLION DOLLARS IN DEBT.lol.WE WILL NEVER PAY IT BACK.BUY GOLD NOW.NOW NOW.DO NOT WAIT .

I AM TRULY TRYING TO DO YOU ALL A FAVOR.AS BIG A ASS HOLE AS I AM.

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everything i print write or show on here is a complete and utter lie..i cant help myself i am a terminal liar..all of this shit is just fiction and made up for entertainment purposes ONLY..

Geeze max, not everyone has cash coming out their wazoo. If I had a couple a hundred K just lazing around, I'd probably scarf up some of that glitter. I'm more in the lead or copper metal arena, and even copper is pricey.

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Life is good, the water is sweet. The ground keeps moving beneath my feet.

"enough to pay off 90 percent of the nations home mortgages"

pay 'em off then... maybe people will have money to spend on products/services sold by these failing companies that keep getting bailed out and cutting fancy checks to their employees.

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speaks louder than words.
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They're not going to do that. Despite all their talk of being for the little guy, for the worker the Democrats are not. (Otherwise they'd probably have been paying off all these mortgages all along instead of giving money directly to the banks.)

The Democrats want to keep everyone in slavery to the bankers (same with the Republicans.)

Both political parties are corrupt and do not have the best interests of the Republic in mind.

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Libertas inaestimabilis res est - Liberty is a thing beyond all price. | Sic Semper Tyrannis

every time you point out that both parties are corrupt .the partisans on both sides deffend themselfs with bull shit about what the other party has done to try and excuse their own actions.
the fact of the matter obongo and the dems have ran this country further into debt in the last month than all the 8 years of the bush admin.
someone should really tell these socialists how economics work.they seem to think all wealth and power comes from the government
the last two years of the bush admin a dem congress controlled the purse stings.when did all of this sky rocketing trillions of dollars in debt start?
oh it was bad before then.i dont want to seem to excuse the R crooks.but to be honest it was a dem control congress that has led to this slipery slope down hill
they have NO fiscal discipline at all
it is like giving a couple of 16 year olds someone ones credit card woth millions and telling them to go to europe and have a great time.spend as much as you want

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everything i print write or show on here is a complete and utter lie..i cant help myself i am a terminal liar..all of this shit is just fiction and made up for entertainment purposes ONLY..

I'm sorry, but I think that's B.S. You trying to tell me that all the mortgages in America add up to more the $9.7 trillion dollars? LOL to whoever believes that crap.

Economists say that world poverty could be cured with $150 billion, but America's mortgages can't be covered with $9.7 trillion? Come on now.

It might be lower than that, maybe $4.7 Trillion, but I doubt it.

Consider that

A. Most mortgages are 30 year fixed
B. Most mortgages average right around $200,000
C. There's probably 30 - 40 million mortgages out there.
D. At $200,000, those 30 - 40 million mortgages have a book value of $6 - $8 TRILLION.

Muay, do yourself a favor, go back to elementary school and relearn basic math.

Perhaps the bullshit is them saying that world poverty will be fixed with money, it wont be.

The only thing that will fix world poverty is for the people in those nations to stop acting like such sniveling little bitches and revolt against their governments. If they want to develop then there is nothing to stop them, except corrupt government.

Be men, not bitches.

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Libertas inaestimabilis res est - Liberty is a thing beyond all price. | Sic Semper Tyrannis

And an excellent example of this would be the country of Romania. When under Soviet rule, the citizens woke up one day, and because of their government's central planning, the food markets were out of food. This was the last straw for the Romanian people. Hundreds of thousands marched on the palace, drug the Romanian president and his wife out into the street ... and shot them dead. Today, Romania is a shining example of a truly free country. They have a low flat tax, simple rules to follow and few regulations. Government is back where it belongs ... leashed. Capitalism and free markets rule the day in Romanina today and the standard of living is at an all time high.

Why are we going in the opposite direction?

Vi

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Liberals are people that will believe anything twice.

The value of the mortgage markets is about $10.5 trillion. but at least 3.6 trillion has effectively gone up in smoke. Next will be the corporate mortgage market that will collapse. thats a bunch more money. All this money is gone. In Davos they just had this big meeting there they said 30% of the WORLDS wealth just went poof into thin air.

Meanwhile the Biggest banks are saying "If you don't give us TRILLIONS of dollars this will be worse than the Great depression." They are the ones that are constricting the money supply, they are the ones who engineered this whole mess. I think this whole damn thing was engineered. You are witnessing the biggest hostage situation EVER.

Look at it like this. If you think Carter and Clinton made the laws to loosen the lending restrictions without any input from banksters your kidding yourself. Then under Bush the FED lent money with very low interest thus expanding this bubble. Now the Banks will not lend money until someone fixes their problem. So they hold the people responsible for their fuck up and are saying "If you don't give us Trillions of dollars we will collapse the world economy." Banksters are holding us all hostage.

I say burn them down!! We need sound money and common sence regulations. Not Banksters money games not banksters power grabs. The Romanian Example of how to deal with this is a good one.

ilkan you re probably correct.i dont think they wanted a economic collapse it is just their opertunity to try and take over EVERYTHING with worthless money.
i think the shit will eventualy hit the fan and we will have another american revolution.
it will be much uglier this time because of the mass amount of firearms the american public has.
someone is going to snap with what this government is doing and they are going to start the ball rolling down hill.
it always happens that way.always has through out history

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everything i print write or show on here is a complete and utter lie..i cant help myself i am a terminal liar..all of this shit is just fiction and made up for entertainment purposes ONLY..