October 03, 2007

Because of the Iraq debacle, the housing bubble and The Fed's deceptive behavior, has the world lost trust in America (and the dollar) for good?

Trust is one of the hardest things to earn and one of the easiest things to lose.

Because of Ben Bernanke's desperate, deceitful and damaging actions a few days ago that purposefully destroyed the US dollar (and holders of US debt), combined with the Greenspan Fed's reckless bubble-inflating stupidity that caused this worldwide credit and housing bubble to form, and combined with The Worst President Ever's horrific performance these past six years...


Has the world now simply lost trust in the United States of America, its currency, its government, its auditors, its regulators and its financial institutions?


(note to HP US readers - yes, seeing the American flag upside down, an internationally recognized
symbol of distress, should upset you. But seeing what's happened to our country, our financial system and our currency should be even more upsetting. The image is not one of disrespect. It is one of distress)

78 comments:

Anonymous said...

Stupid Americans - the flag worship is one of the worst things about that country. (I can't believe Keith felt the need to put that disclaimer in the article). To a foreigner, the US flag worship is reminiscent of Nazi Germany. Do you think all those Nazi flag wavers thought their flag represented an evil empire before (or even during) the full scale atrocities? I'm not saying that the US is anything like Nazi germany, but people should look suspiciously at the flag wavers and at least question whether unbridled patriotism and unquestioning allegiance to the king/president is bad for the country.

Quentin Daniels said...

For the last time Keith ... Jimmy Carter was the worst president ever (and the worst ex-president too). George W. Bush is a pretty darned bad president, but not the worst - that title goes to Jimmuh.

Happy European said...

There is still Nicolas Sarkozy who trusts and admires the US. But anybody else? I don't think so - not even his wife who refuses to see G.W.Bush

Batman said...

It goes back further than that. Sorry.

c.f.
http://www.tiny.cc/nt6UR

Anonymous said...

Quentin - Speaking of past Presidents - what do you think of the Harding Presidency?

Anonymous said...

Whatever dude. If you think things can't get any worse you weren't around in the late 70s.

Andrew from Russia said...

Let's see...

The median price for Moscow residential estates is $4000 per square meter.
The average price of a modest two-bedroom flat in a Soviet-era block is (45 sq.m * $4000) = $180k.
The size of a dollar note is around 0.15 by 0.07 meters.
Given a 2.5-meter ceiling, a bedroom size of 3 x 5 meters and a 6-meter hallway (a conservative assumption), the surface area of walls - excluding bathroom and kitchen - is 2.5*(2*2*(3+5)+2*6) = 110 square meters.

110/(0.15*0.07) = 10476.19

CONCLUSION: it only takes $10477 (6.54% of purchase price) to wallpaper a Moscow flat with $1 notes. $209540 if you prefer twenties.

Anonymous said...

With the dollar hitting record lows every day you don't even have to ask the question the answer is YES

raynla said...

In a word...YES

In a sentence...It has.

In a paragraph.

I look at the world like the Mafia. You have all of these families are a part of the "organization" (the U.N.). There are codes and rules to follow and when one gets too out of line the other families have a secret meeting to discuss how to get rid of the "problem". I think there is a "meeting" about to take place and the US hasn't been invited this time.

RayNLA

keith said...

69% of Americans think we're going in the wrong direction

That number is amazing, and it is sad.

Remember the "Shining City on a Hill?" Remember when we had national pride? Remember the time before our financial system and future got destroyed by bankers and the REIC?

http://www.realclearpolitics.com/polls/

Anonymous said...

69% of Americans probably couldn't name the their 2 Senators.

These polls are meaningless since the people who are polled have no clue about anything other than who won Idol.

Anonymous said...

Wasn't everything supposed to be A-OK once the Dems won power?

Since they took over in January gas price is higher, the dollar is in the shitter, the housing crash is in full force, unemployemnt is rising, amnesty for illegals is constantly up for apprval in the senate

And you morons want even more of this in 2008? What the hell is the matter with you people?

Edgar said...

Upside down and backwards? Damn! Next time find a picture of a flag that faces left to rotate.

and the rockets red glare said...

Bush and Cheney et all.

The nightmare continues...

(and the democrats who have turned their backs on bush-co's chilling crimes, greedy ambitions, wrecklessness, lies, mass deceptions and dry-drunk stupidity.)

Done.

Metroplexual said...

Keith,

The American flag displayed in such a manor means we in distress. How appropriate. Yes our country has acted shamefully and Carter was a better president than this guy. He never took away habeas corpus or thought he was always right.

michael said...

who cares about all that crap. the shit aint gonna really hit the fan until they lose "trust" in the american consumer.

money talks bullshit walks.

as far as trust goes. i have never trusted the rest of the world. why should they trust us.

putin said...

I keep hearing the shrils on cnbc say that a declineing dollar is no big deal.I am really confused by it all.Can one of you geniuses tell us why it really matters.I guess it hurts on imports but could be good for exports and multinationals.

Chris said...

Anonymous said...
69% of Americans probably couldn't name the their 2 Senators.

These polls are meaningless since the people who are polled have no clue about anything other than who won Idol.

--------------

I disagree that this poll is meaningless because of the potential lack of intelligence by respondents. I agree that most people these days are morons, but the fact that even they are so discountent with what's happening is proof that the "leadership" - at all levels - of this country is so far off the path of what is right for the county.

sam said...

The coup de grace will be the marxist Democrat takeover next November.

60% top marginal rates (to start), trial lawyers and regulators unleashed on politically targeted industries and a "populist" anti-trade pro-union agenda will finish the dollar for good. The "safe haven" benefits that draw capital from the developing world (and finance our deficits) will reverse- there is no safe haven against populists/marxists other than hiding your money outside the US.

Remember that FDR didn't solve the depression (the catclysm of WWII ultimately did), but helped perpetuate it for 9 years with a general war on "the rich" and business.

Anonymous said...

Who cares what the rest of the world thinks.

Americans have lost trust in the dollar, the US government, the banking system, and so on.

At least those not so stupid as to still support Bush.

Bitterrenter said...

There's not a republican alive fit to shine Jimmy Carter's shoes.

You can lay the blame for our decline squarely at the feet of conservatism and it's biggest cheerleader, the republicans.

If someone started rounding them up I wouldn't lift a finger to stop it.

BitterRenter said...

Ronald Reagan ushered in the end of cooperation and the beginning of savagery. Since that time the cesspool we call the USA has achieved little technologically. What little we do achieve are things like lifetestyle drugs, new plastic surgery techniques and better ways to kill people.
Our infrastructure is a joke compared to the rest of the world and continues to decline further each year.
Huge tax cuts to the wealthy and corporations drastically decreased investment in the culture and we have progressed down the path towards a white trash society. "Public is bad and private is good" in the minds of these selfish miscreants which means public investment is ridiculed and neglected.

I said this years ago: We're on the path towards a South American style culture where 5% have it all and everyone else barely gets by. Where corruption is not only tolerated, it's encouraged. Where the credo is, "get as much as you can, all that you can and don't give a second thought to how negatively it affects anyone else."

Metroplexual said...

I am with you bitterrenter.

Mammoth said...

"it only takes $10477 (6.54% of purchase price) to wallpaper a Moscow flat with $1 notes. $209540 if you prefer twenties."
-------------------
Russian flats look much better with the traditional rug hanging on the walls.

Veronica Lodge said...

RE: Has the world now simply lost trust in the United States of America, its currency, its government, its auditors, its regulators and its financial institutions?

Yes, the ENTIRE world, and this includes America.

Americans have become fearful as they helplessly watch their imperialist leaders destroy the dollar and the Constitution.

V.L.

Anonymous said...

bitter renter once again earns
IDIOT OF THE WEEK honors

congrats

Anonymous said...

.


Who gives a F**K about what the rest of the world thinks!

All we get is Sh*tty products from China,

Grief from the Middle East,

Attitude from the South Americans,

Economic rape from the Mexicans in welfare, healthcare, education for those anchor babies.....

Where? Just where would Every other country be if it wasn't for the U.S., saving their collective asses in WWII.

We fought the Vietnamese, now they pack our cities with sh*tty drivers and nail salons!

Billions of dollars in aide over the years of debt that we have forgiven them,

Britain was not able to hold on without us.

Need I mention France or the Philippines?

When a natural disaster (earthquake, tsunami, flood, etc) or famine, war whatever occurs.....who ya gonna call, Why the U.S. of course!


F**K the rest of the ungrateful bastards!!!!!

And 'WE' are considered the Ugly Americans!!!!!


Bring me back to a time when America was truly One Nation under GOD!

When nations Feared our might and Respected our ability to assist them with your TAX dollars for whatever!



GOD Bless America! He has,

but we have turned our backs on him




.

shtove said...

Trust lost in the political system, certainly. But then, in the last fifty years not many honest people have bothered trying to defend the ways of Washington.

Only the dollar will tell if there's a loss of trust in the financial system.

But the USA still has the biggest marketplace of ideas, and that's the most important thing.

BitterRenter said...

Sam conveniently ignores the decline that his free-market cultist conservatives have brought us over the last several decades.

Conservatives are truly ignorant people who live for nothing but the thought what they can pick up at the mall next weekend. Many are doing far worse than they would under the "Marxist" liberals but prefer to delude themselves that if they back conservatives they'll get all their taxes back to spend at the mall. After all, 99% of their taxes went to lazy black people on welfare, right?

Too bad republican policies have taken their cushy blue collar jobs away and now they obediently fold clothes next to their wives at WalMart. Congratulations "Reagan Democrats", you've arrived at the good life!

BitterRenter said...

Poor anonymous. Typical conservative can think of nothing more profound than a silly attack.

Enjoy your decline. I know I'll enjoy watching the likes of you suffer.

Anonymous said...

Good quote from the article Keith linked to on this thread

"Greed and corruption have been exposed for being endemic to so many levels within America’s economy. Who is to say that even U.S. government bonds more closely resemble subprime mortgages than their conventional reputation as a safe investment?

The world is approaching an end of an era. America’s moral collapse now lies exposed to all—a virtual death sentence to an economic system based on trust. Confidence lost, America’s reputation as a financial safe haven is being replaced with subprime status—and as foreigners have found out, subprime risks just aren’t worth it."

Anonymous said...

69% of Americans think we're going in the wrong direction

The other 31% inbred idiots should do the planet a favor and just die.

Anonymous said...

Whatever our problems are, that flag should be facing upright. Upside down is not a sign of distress, it is a sign of disrespect.

Anonymous said...

The flag upside down is not disrespectful it is a symbol of distress

Turn off Fox News now

Anonymous said...

If Americans want to save their country they need to get behind Ron Paul and do everything they can to help the campaign. Even beyond Ron Paul get politically active. Saying the government is a mess, it's corrupt and I can't do anything about it is a cop out.

Anonymous said...

But the USA still has the biggest marketplace of ideas, and that's the most important thing.

What does this mean? Ideas are like assholes, everybody has one.

FaceDown said...

I always get a kick out of the posters here who blame Democrats or Republicans for the nation's ills. I swear you folks must be no older that 20. You are in for a world of disappointment if you think having either one of those parties in office will right the ship.

My personal theory is that the real downhill slide began when we became a net oil importer and subsequently reached our peak oil production. No, I'm not trying to turn this all into a peak oil discussion. You just have to believe that as corporations realized we could no longer supply ourselves with cheap energy, they needed to diversify their interests away from the USA.

That is what has been happening for a long time now. Investment in the USA has been shifted to investment in other parts of the world. Corporations lobby and buy our Republican and Democrat governments to help them do this through globalization.

This is what you often see typed as the hollowing out of America. That's it. We have used our resources and now the corporations need to plow onto greener pastures.

Republican or Democrat...please.

Anonymous said...

>Quentin Daniels said...

>For the last time Keith ... Jimmy
>Carter was the worst president
>ever (and the worst ex-president
>too). George W. Bush is a pretty
>darned bad president, but not the
>worst - that title goes to Jimmuh.

Quentin Daniels,

What the hell have you been drinking.

I'll take Jimmy Carter over Bush any day. Bush is the worst President this country has ever had. Here is a list of George Bush Accomplishments.

1.) U.S. will be Bankrupt by end of 2008.
2.) The end of the dollar
3.) The Greater Depression will be here soon.
4.) We lost the Iraq and Afgan war
5.) Inflation to the moon
6.) Destruction of the Middle Class
7.) Oil at 5 bucks a gallon by end of 2008.
8.) The whole world sees the U.S. as monkeys since were run by monkeys
9.) Just vetoed health care for children that would cost 30 billion, yet his asking for another 190 billion for a war that has been lost. Incredible!
10.) THE HOUSING BUBBLE!

Would you like me to continue adding to this list?

Anonymous said...

Anon Said...
Wasn't everything supposed to be A-OK once the Dems won power?

Since they took over in January gas price is higher, the dollar is in the shitter, the housing crash is in full force, unemployemnt is rising, amnesty for illegals is constantly up for apprval in the senate

And you morons want even more of this in 2008? What the hell is the matter with you people?

=================================

Dude,

The Democrats have done NOTHING since they took control of congress. Hell, they can't even get non-binding resolutions about Iraq past the Republican filibuster.

They are toothless and afraid to stand up to this president. In fact, I could say that this Democratic congress has been better about passing Bush's programs than the Republican congrss before them. Look at the domestic spying authorization or the recent war funding bills!

consultant said...

Bitterrenter,

You nailed it!!!!

Anonymous said...

Where? Just where would Every other country be if it wasn't for the U.S., saving their collective asses in WWII.

It's this brainwashed type of thinking by American inbreds that's hurting the country. They think that there's always a noble cause behind US actions around the world. This country has caused more damage than good, and there's always self-interest in everything it does. Do you really think that there was a noble cause behind the Vietnam, Iraq, or Korean wars? It's always special interest lead by idiotic secret society types that manipulate this government. Now you add to that the Israeli rogue Mossad types to the party, along with their Israeli partners in crime who lobby the corrupt American Senate. The US and its CIA was behind every episode of military coup (including torture techniques) in Central and South America to place puppets in command, which took those regions back 50 years. The same thing they did in Iran and, now, after Iran removed CIA's puppet Sha to establish free elections, that country is out of the sudden a threat to democracy. The same CIA and American government that backed Sadam, Osama, Taliban, Noriega, etc.

So you keep waving that sheeple flag in front of the porch while spinning the hamster wheel because they are not done with your wallet yet. Giuliani wants a piece of the action, by scaring you all to death that bogeyman terrorist is under your beds. The shady groups that control this government got you where they wanted. Meanwhile, our almighty dollar is worth sh!t.

Could you sheeple, please make an effort to wake up before you destroy this country for good? Please, just a little effort to learn history that's not fed to you by this corrupt government and MSM.

Oh, and one more thing, the Scandinavian countries are more philanthropic and provide more aid to other countries in distress, as a percentage of its overall population, than the US. So let's put that myth aside which the US is the mother Theresa of the world.

Anonymous said...

Gee, I think I remember the Dems promising they would fix everything once they got in office, too.

Remember when they promised to bring the price of oil down? Never did explain how they were gonna do that. LOL!!!

Anonymous said...

"Whatever our problems are, that flag should be facing upright. Upside down is not a sign of distress, it is a sign of disrespect."

Don't be a useless twit. The inverse flag has always been a distress signal.
Learn some history. Learn something about that flag you worship.

P.S. The flag is a symbol, just some cloth and dye.

The oath of office is NOT

"I do solemnly swear (or affirm) that I will faithfully execute the office of President of the United States, and will to the best of my ability, preserve, protect and defend the Flag of the United States."

Nor is it

"I do solemnly swear (or affirm) that I will faithfully execute the office of President of the United States, and will to the best of my ability, preserve, protect and defend the Citizens of the United States."

It is

"I do solemnly swear (or affirm) that I will faithfully execute the office of President of the United States, and will to the best of my ability, preserve, protect and defend the Constitution of the United States."

Think about it.

-Snow

russdog777 said...

I don't think you should take this Hamid Varzi author so seriously. After all he is IRANIAN. Based in Tehran.

Loss of confidence in the US Dollar is the/a stated objective of the Tehran government. The iranians have been working towards that goal and, in this shadowy form of economic warfare being fought between Iran and the US, you have to expect some small successes at least from both sides.

Iran's small success is some devaluing of the dollar brought about by the US's own mistakes. And getting their oil sold in euros instead of the dollar.

Before taking this Iranian joker too seriously, try and critically examine the state of the Iranian economy. It's a shambles. It even makes Detroit look good by comparison.

We should be concerned about excessive debt but take a more critical look at the messenger.

And some investigation / prosecution of those that perpetrated the mortgge & bond rating frauds is in order.

BitterRenter said...

The US is 19th in per capita foreign aid. And if the conservatives had their way we'd give nothing. It's always funny to see cons bragging about our generosity when they HATE IT.

PS. The dems have been out of power for the better part of 30 YEARS. Conservatism has reigned over this decline. Dems have had less than a YEAR to improve things and have to fight the ignorance of the republicans and the idiot fratboy prez. They don't rule with much of a majority.

But they WILL in 2008. If there is a housing crash as deep as we think, look for lots of socialistic policies. If I were rich I'd be investing in lots of security.

russdog777 said...

BTW: the cable guy who just caem to installa new drop box moved here from kazahkstan - said that his people there used to invest in the dollar but now do the euro.

Or they invest in real estate, commodities, other investments.

Loss of confidence in the dollar. Came here to study and work (part time), but keeps the bulk of his savings in euro still. Said so explicitly.

Shocking. I'm diversifying out of the dollar pronto- like this f!@king week!

Anonymous said...

We are still in Iraq so the world has lost trust in us becasue of that. If we betray the Irqi people as we did the Vietnamese, then, yes, the world will lose trust in America.

Anonymous said...

It's funny how Americans are quick to defend their flag (which is just a symbol) but don't realise that their Constitution (which is really what defines the US) has been butchered and ignored by the US government.

Americans think that simply being born within the borders of America defines a person as being American. I think a far more powerful idea is that Americans are defined by their commitment to the US Constitution. The US Constitution is what made the US the great country it *was*. Ignoring the Constitution is what is destroying the US now.

anon e. moose said...

>Where? Just where would Every other country be if it wasn't for the U.S., saving their collective asses in WWII.
-----------------------------------
Typical American arrogance... "we saved the world in WW2"... Have you heard about Soviet Union, pushing Germans from Russia all the way back to Berlin?

Anonymous said...

>Russian flats look much better with the traditional rug hanging on the walls.
------------------------------
Man, those things are nothing but HUGE dust accumulators. Those small rooms look even smaller with a dark rug on the wall. Trust me, I know.

michael said...

"Our infrastructure is a joke compared to the rest of the world and continues to decline further each year."

?????????????

Anonymous said...

I worry that we are doing the same thing that Japan did before WW2 by trying to secure empire and oil access for our manufacturing? (china)...????!!!!

Anonymous said...

It is posts like these which show who you people really are. Anti-american communist filth.

There are about 200 countries on earth. Yet all of you still live in this one. Why? If it is so damn awful here, leave. Cuba will have you I'm sure. As would Iran, China, N. Korea and every other 3rd World utopia that you all seem to admire so much.

Jambu said...

Oh, and one more thing, the Scandinavian countries are more philanthropic and provide more aid to other countries in distress, as a percentage of its overall population, than the US. So let's put that myth aside which the US is the mother Theresa of the world.

============

Not really. Governments give more as a % of their budgets. Yet indivudals give much less than Americans.

When you look at % of GDP donated to charity for both private and govt giving, the US gives by far more than any other country.

But nice try. Now go back to dailykos and see what else they have.

Anonymous said...

I still remember mother teresa parading around with the scam ripoffs of the savings and loan collapse, just cracks me up...reminds me of Paris Hiltons getting religion,,, yet still a big fan....

Anonymous said...

and how few nukes it would take to toss every square inch of......

Metroplexual said...

http://www1.jeffhead.com/liberty/flagdistress.htm

Hey fascist nuts.

ApleAnee said...

FaceDown said...

I always get a kick out of the posters here who blame Democrats or Republicans for the nation's ills. I swear you folks must be no older that 20......

My personal theory is that the real downhill slide began when we became a net oil importer and subsequently reached our peak oil production.....

The real downhill slide began when America began watching TV every night for 7 to 8 hours. I am the farside of 20 and I remember back in the early 70's when there were many studies done about TV emitting "subliminal signals, and how brain waves change while watching TV.

We are being programmed by the Geico Cavemen and the Ditech Guy.

Just look at the faces of Pelosi and Reid on the front page. Body Snatchers both of them.

George L said...

I believe most of our presidents of have been the worst ever.we have been driven into to wars,done nothing about health care,the economy,corruption and crime. just to name a few.they allow all of this things to happen.what's is the purpose of electing these people if they don't look after the interest of the people, I mean every year on any kind of election, is the same thing over and over and over.they promise everything and the only ones to benefit are the especial interest and not the people,who they have to protect in the first place.they only reason we elect them is to protect us and they don't do it,and it's all our fault.we allow petty differences, non-issues and labels(liberal/conservative) to blind us from the real issues while preventing our own children from having a better future .a better standard of living,government out of our lives,that we get free and better education including college,free health care for all and so on.

some people say we are heading in to some real dark economic times,some say we are not.times are turbulent, no doubt.and with that, the chance that world history will change,how this will happen?
is anyone's guess...

Anonymous said...

America is very bad, blah blah blah
*
truth = if anyone cares to be financially successful invest in the American dollar.

but, but Keefer said that the dollar is dead,
exactly,
it has only one way to go and that's up!

I feel so strong about the US dollar because its common sense and basic fundamentals.

Fed may cut interest rates to zero
the stock market may tank along with housing
and the best paper money will still be the Greenback

By next week Friday (10/12/07) the Dollar will already have turned a corner

as clear as housing prices are going down to normal, Dollar values are up to normal.

Anonymous said...

Facedown - Hold your face up man, someday this duopoly will come to an end.

I really wish I knew how to better channel the fear and anger of the republicrats; I think it was Hitler who best understood that blind servitude requires an enemy.

Anonymous said...

Real estate nomimal house prices v. inflation adjusted prices.

Notice the curve after 1999.

http://mysite.verizon.net/vodkajim/housingbubble/

reflections of truth said...

Re: Bring me back to a time when America was truly One Nation under GOD!

******************************

Hey dude, can you show me this GOD?

What was he floating above America in a airplane or what? GOD is just a concept. Sure he may exist, but not even the pope can proove he is real. So that means "we the people" are in charge of how things operate. Not a never seen before GOD who lives in the clouds. If you believe, fine. But get real. One nation under GOD is just a concept.

So I think you must mean a time when more people went to church perhaps? Just choose your favorate cult and be happy. America was founded upon freedom of religion and a seperation of church and state. Just look in your own mirror. Tip: Be good to others, not like bush and the neo-christians who kill, steal and cause pain and suffering to millions.

Anonymous said...

michael said...
"Our infrastructure is a joke compared to the rest of the world and continues to decline further each year."


============

I take it you have never been outside of the country. Damn you people get more retarded by the minute.

Anonymous said...

America died the day Clinton was elected in 1992. That was the day this country decided a draft dodging, tax and spend liberal rapist was fit for the presidency because he felt your pain.

Now the same morons are about to elect his wife to put the final nail in the coffin of this once great nation.

Well to hell with all of you. I have enough stashed away in foreign investments that I couldn't care less. Burn this fucker down for all I care. Hey but you will have free health care and a $5000 bond for your babies. Good luck with all that.

Anonymous said...

"It is posts like these which show who you people really are. Anti-american communist filth.

There are about 200 countries on earth. Yet all of you still live in this one. Why? If it is so damn awful here, leave. Cuba will have you I'm sure. As would Iran, China, N. Korea and every other 3rd World utopia that you all seem to admire so much."

Umm, maybe because I'm still a patriot who expects his country to lead by example, instead of by fear, lies, threats, bullying and empty rhetoric in sound bites? To set an example that the world, including halfwit sheep like you would want to follow? Instead I get leaders and so called countrymen who shame me.

shtove said...

Anonymous said...
"But the USA still has the biggest marketplace of ideas, and that's the most important thing."

What does this mean? Ideas are like assholes, everybody has one.

October 03, 2007 4:49 PM

-----------

There are plenty of other housing bubbles around the world, but where do people from other countries come to find out what's going wrong with the financial system?

Here, and dozens of other blogs.

And those blogs are all run by ...? Americans.

Be thankful that people can still express themselves in public without punishment. The fact that Americans actually get out there and do it is wonderful.

And you've confused the phrase: it's opinions that are like assholes - everybody has one. Ideas are a different matter.

If you think ideas aren't important, go and take a basic course in Greek philosophy and the US constitution.

Then get some experience of how ideas are perverted by bad people looking to hurt good people.

If you survive that, please come back and give us your opinion - asshole.

Anonymous said...

"There are about 200 countries on earth. Yet all of you still live in this one."

I live half a year in Canada, two months in Australia, and the remainder in the USA. There are other countries, you know, which are not related to communists and not 3rd world.

Anonymous said...

"CONCLUSION: it only takes $10477 (6.54% of purchase price) to wallpaper a Moscow flat with $1 notes. $209540 if you prefer twenties."

Don't forget to paper the bathroom walls with dollars too. Then, if you run out of TP ...

Anonymous said...

bwa ha ha ha look at the poll keefer. 50% of you think Ron paul is a viable candidate. 30% of you think Osamabama is.

'nuff said about your sanity levels

Anonymous said...

Anonymous said...
America is very bad, blah blah blah
*
truth = if anyone cares to be financially successful invest in the American dollar.

but, but Keefer said that the dollar is dead,
exactly,
it has only one way to go and that's up!

I feel so strong about the US dollar because its common sense and basic fundamentals.

Fed may cut interest rates to zero
the stock market may tank along with housing
and the best paper money will still be the Greenback

By next week Friday (10/12/07) the Dollar will already have turned a corner

as clear as housing prices are going down to normal, Dollar values are up to normal.

October 03, 2007 8:54 PM

And then by 10-19-07 it will turn another corner (after the Fed cuts rates again)and start down toward its "normal" value target of 40 on the dollar index despite a concerted effort by central banks around the world to prop it up. Bernanke should have raised, not lowered. What did Paul Volcker think of that move? Has anyone heard any comments from him? How about Alan "bubbles" Greenspan. He's the first Monday morning quarterback I ever saw that lost the game on Sunday, and started bad mouthing the new quarterback as if he was the one that lost the game in the first place. Has anyone seen any interviews with the bubble maestro? He speaks as if the sh*tstorm thats about to hit us had nothing to do with him.
I believe there is a place in hell reserved for that man. Fifty years from now, kids will read about how things got so bad and how America was once a great power like Rome, but became run by a few corrupt men. Hopefully they will read about how the Federal Reserve was abolished in 2010, and how they should never let the Constitution be compromised ever again like it was in 1913 when the Fed was empowered.

Shakster said...

Whatever our problems are, that flag should be facing upright. Upside down is not a sign of distress, it is a sign of disrespect.
-----------------------------------
What was that flag supposed to mean in the upright position?
I won't ever fly "that Flag" uside down ,I will ignore it.
America is the Promise,not the US.
Presidents,Congressmen,Judges etc. have hidden behind that thing for decades.The Promise will never come from,nor be fullfilled by the US.American men ,and women (you,and your neighbors?)are the only ones who can keep the promise.

Anonymous said...

.


Hey reflections of truth........


You arrogant agnostic dumb fu*k have a little faith!




.

Anonymous said...

.




Anon is correct!


Not very many Ruskies sweeping out France or the Philippines!



Eisenhower stopped the move into Berlin gave the opportunity for the Reds........payback baby!



Countries would have long crumbled if not for our financial AIDE!







.

Anonymous said...

WHATS WRONG WITH ALL THESE PEOPLE ON HERE. WE MUST ASSUME NOW THAT ALL THE ACTIONS ARE ON THEIR COURSE NOW AND CANNOT STOP THE INEVITABLE. WE MUST NOW START PLANNING HOW WE ARE GOING TO REGAIN WHAT WE HAVE LOST.

THIS IS THE UNITED STATES OF AMERICA AND I AM STILL PROUD TO BE AN AMERICAN. I KNOW MANY PEOPLE HAVE FAILED US AND THE SYSTEM ISNT WORKING BUT WE MUST START DRAWING UP SOLUTIONS FOR OUR FUTURE. WE WILL NOT JUST SIT BACK AND BE DEPRESSED AND POINT FINGERS AT WHO DID WHAT. WE ARE THE GENERATION THAT CAN TURN THINGS AROUND, WE HAVE THE RESOURCES, MINDPOWER, AND INFRASTRUCTURE (MILITARY ETC.) TO MAKE IT HAPPEN. WE MUST DEVELOP A STRONG LEADERSHIP IN THIS SOCIETY.
WE MUST IMPOSE THE CONSTITUTION, WE MUST REVIVE OURSELVES AS THE MANUFACTURING SUPERPOWER. WE MUST ALL WORK TOGETHER AND HELP EACH OTHER BECOME GREAT AGAIN. IF THERE IS ONE COUNTRY IN THE WHOLE WORLD THAT CAN DO THIS IT WOULD BE THE UNITED STATES. ITS GOING TO TAKE HARD WORK, DETERMINATION, AND A DESIRE TO ACCOMPLISH THIS FEAT BUT IT CAN BE DONE. OUR RELATIVES ARE TURNING IN THEIR GRAVES FOR SEEING HOW UNDIVIDED, GREEDY, EFFORTLESS,
AND CLOSE MINDED MANY PEOPLE HAVE BECOME.

Anonymous said...

There are about 200 countries on earth. Yet all of you still live in this one. Why? If it is so damn awful here, leave.

You are the one who should leave. We are the only ones trying to fix your idiotic mess to save this country. Better yet, go to fight in Iraq along with your children and relatives, while the soldiers come back. Stay there fighting, nobody here will miss you, I guarantee.

Anonymous said...

By next week Friday (10/12/07) the Dollar will already have turned a corner

as clear as housing prices are going down to normal, Dollar values are up to normal.


I take financially handicap morons for thousand, Alex.

Anonymous said...

"Better yet, go to fight in Iraq along with your children and relatives, while the soldiers come back. Stay there fighting, nobody here will miss you"

And the problem is that this story's now a re-tread. When I was a kid, cerca 1979, it was the same anecdote...

Vet gets into a taxi and says... "I just got back from Vietnam" and the cab driver was like, "so what, so what".

Things really don't change.