$555 billion package
spiral out
Posts: 1,052
Where does this money come from?
Considering your already $9 billion dollars in debt.
http://news.yahoo.com/s/ap/20071219/ap_on_go_co/budget_battle
Opps forgot the link.
Considering your already $9 billion dollars in debt.
http://news.yahoo.com/s/ap/20071219/ap_on_go_co/budget_battle
Opps forgot the link.
Keep on rockin in the free world!!!!
The economy has polarized to the point where the wealthiest 10% now own 85% of the nation’s wealth. Never before have the bottom 90% been so highly indebted, so dependent on the wealthy.
The economy has polarized to the point where the wealthiest 10% now own 85% of the nation’s wealth. Never before have the bottom 90% been so highly indebted, so dependent on the wealthy.
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~Ralph Waldo Emerson~
The Tie-Dye Lady is HOT!!!
The economy has polarized to the point where the wealthiest 10% now own 85% of the nation’s wealth. Never before have the bottom 90% been so highly indebted, so dependent on the wealthy.
it's a giant stack of IOU's just like social security.
http://www.moviesoundscentral.com/sounds/dumb_and_dumber/dumb43.wav
Typo - You meant 9 TRILLION (and the REAL debt is close to SIXTY TRILLION, including off-balance sheet future liabilities -- ie -- entitlements!)
HERE IS YOUR ANSWER:
Europe Adds HALF TRILLION to Credit Markets -- translation, Europe SIGNIFICANTLY INFLATES \ DEVALUES the Euro to save America.
In case ya'll don't know, the Euro is in a bit of a down trend against the dollar for the past month (for no good reason, dollar "oversold" maybe) ... the European Central Bank just jumped at this as an opportunity to disguise some inflation and help bail out America.
Interesting Side Note: Notice that the ECB inflating their currency had NO AFFECT ON LIBOR because Libor is a MARKET SET RATE, unlike US interest rates "set" by the Fed!
If I opened it now would you not understand?
That was quite a typo i made there. 9 trillion is a bucket load more than 9 billion and well 60 trillion isn't even worth thinking about.
I didn't relise the Euro was down against the dollar. I thought it was it was still gaining.
Thanks for info drifting, i've learnt alot from you over the last few weeks.
The economy has polarized to the point where the wealthiest 10% now own 85% of the nation’s wealth. Never before have the bottom 90% been so highly indebted, so dependent on the wealthy.
It is passed on to the next generation and the one after that.
The non-military adults cheering this war on today will feel no pain (physically, emotionally or financially). The small percentage of Americans in the battle zone are the only ones bearing the burden... and your kids and grandkids are going to be left holding the check.
...
Support Our Troops... buy a magnet that was Made in China.
Hail, Hail!!!
If they come up short, in some other area; they can just print more money.
Hell, it's only paper. You know, paper....what we use to wipe our butts with.
500 billion injection means 5 trillion in loans in the 1:10 marginal reserve system. Too bad it won't help much past Christmas.
You got to spend it all
It's a US led initiative to make thin air smooth out the bumps of war.
http://www.iht.com/articles/2007/12/18/business/credit.php
I think something really f-ed up is going on. Everyone is kept merrily trapsing along, but behind the scenes big things are happening. I'm not sure too many people realize the implications. I suppose down with Islam, and tighten the grip on everyone globally in the process. This NWO thing does not seem to be taking a rest (ever) if you know what I mean. Population explosion, survival of the fittest maybe there is no option but extermination under false pretences. Gotta make room somehow I suppose...not very comforting thoughts.
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
http://i36.tinypic.com/66j31x.jpg
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