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#11
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FDD might pull a Cheney on me LOL.
J/J FDD
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#12
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Can't happen, your talking about 40 trillion dollars here. thats almost 3.5 times what every single persons income in the USA ( The largest economy in the world) is equal to over a years time. That would be like MASSIVE currency devaluation and Hyperinflation gone mad in a matter of months, you can't just print money without all that new money devaluing the money that is already there, its called inflation and 40 trillion of it at once woul make a loaf of bread cost $1000. NOT a good idea. The best way to cure the problem is to let those insolvent banks go bankrupt and reorganize into companies that will be managed more carefully since the Govt will not bail them out. All the malinvetment caused by low interest rates ( Controlled buy the Fed Reserve) must be brought to bear and those bad investment must now be liquidated. That would be the shortest route to recovery.
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It is far easier to ignorantly control others than it is to wisely control yourself. |
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#14
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hu..i wonder what the 14 trillion obama and the federal reserve ..and the 3.6 trillion dollars budget just passed is going to do to inflation?. not to mention AIG needs some more billions..
all the companys they have bailed out keep needing bailed out. its like a black hole where tax payer stolen money goes never to be seen again.and the more you feed them in bail out funds..the more they need.this country is already doomed. nothing that can be done about it. it is going to get ALOT worse before or if it ever gets better
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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..
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#15
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Quote:
EXACTLY..Its going to get worse. Like when they say "Hey the economy is getting better, only 610,000 people lost their jobs last month, we expected 635,000" only they don't tell you that the Gov't hired 75,000 temporary employees to work as census takers. so in essence we lost 50,000 more jobs than anticipated. Its all in how they spin it to make things look better. Its not better, its worse and you now understand how inflation works. FWIW inflation at its worst is like a Hidden 80% tax. if gov't taxed us 80% we would have a revolution over night, but since inflation is hidden from us over the course of years of time, we don't really notice.
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It is far easier to ignorantly control others than it is to wisely control yourself. |
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