United States on the verge of unprecendented economic collapse

Obfuscate said:
Most are holding on to our dollar, they hold our debt because they want to because it's secure. If they have to dump it too low they will lose alot of money. They may not like that the dollar is losing value but they hold our debt because they want to. If they have to dump them too low who will buy them? Probably Americans, If I can buy $100,000,000 for $75,000,000 thats a good deal since I spend them here. It's called moving from weak hands to strong hands. Plus our dollar has fluctuated since we introduced the Fed, it's been weaker before, investors know this and know it will bounce back unless we resort to serious inflation. Which we wont.

If this is a concern you should vote Ron Paul because hes the one that wants sound money backed in gold, fiat money fluctuates and it is now because the credit crisis and our debt that is supported by both parties.
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Educate yourself.

Countries holding onto the dollar have LOST money .. lots of money .. because they did not adequately diversify their holdings.

7 Countries Considering Abandoning the US Dollar (and what it means)
http://www.currencytrading.net/2007...g-abandoning-the-us-dollar-and-what-it-means/

There is way too much information available to be so misinformed.

No nation on earth uses the Gold Standard .. and there is a very good reason why .. which is readily available to serious minds.

Serious people do not consider Ron Paul to be a viable solution to anything.
 
blackascoal said:
If you consider what you've been doing since I've been here as "whipping my ass all over the place" then you've demonstrated why you don't have a clue what you're talking about.

I just call it dementia .. you can call it whatever you want.

We may agree that Americans are being screwed but you fail to recognize why we're screwed .. and I'm not real sure you possess the capacity to think beyond it even if you did know.

You're a right-winger and there is this thing called "the obvious".

I know .. flew right over your head.

Simple question .. what is obvious and demonstrated over the past 7 years about the right-wing thought?

Let's hear one of those "solutions" you speak of?

So much easier to simply play the fool than to defend yourself against being one, isn't it?

Open up a can of the "whoop-ass" you claim you have and let's see if you can intellectually articulate your position.
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Well if countries are distancing themselves from us, it is prudent to not rely on them for vital goods and resources. Mutually beneficial trade relationships must be within a relatively harmonious political relationship. If those are breaking down as you say, we should reduce our external dependancies accordingly. What's your solution?
 
AssHatZombie said:
Well if countries are distancing themselves from us, it is prudent to not rely on them for vital goods and resources. Mutually beneficial trade relationships must be within a relatively harmonious political relationship. If those are breaking down as you say, we should reduce our external dependancies accordingly. What's your solution?
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My solution is to be a better global partner and recognize that America can no longer buly the rest of the world into doing our bidding at the expense of their own people.

My solution is to end our war of terror on Islamic nations and seek real peace and solutions in the ME.

My solution is to make trade agreements that do not solely benefit corporations and the aristocracy.

My solution is to recognize that our dependence will not allow us to simply distance ourselves from the rest of the world, thus we had better seek more quid-pro-quo and equitable agreements.

My solution is to take the doctrine of American exceptionalism and flush that bullshit down the toliet .. then deal with the world as equals.
 
blackascoal said:
Educate yourself.

Countries holding onto the dollar have LOST money .. lots of money .. because they did not adequately diversify their holdings.

7 Countries Considering Abandoning the US Dollar (and what it means)
http://www.currencytrading.net/2007...g-abandoning-the-us-dollar-and-what-it-means/

There is way too much information available to be so misinformed.

No nation on earth uses the Gold Standard .. and there is a very good reason why .. which is readily available to serious minds.

Serious people do not consider Ron Paul to be a viable solution to anything.
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Come on BAC, you don't know what your talking about, in 05-06 early 07 the dollar was very strong and the Euro was down, did everyone dump thier Euros? Dumping the dollar at huge losses when history proves that the dollar has always went up and down makes no sense. It's at THIER loss. Like I said if they were to sell them at a huge loss {which won't happen unless the Fed uses inflationary measures} who will buy them? Americans, the idea of weak to strong hands common language in economics.

The reason countries don't use the gold standard is 2 reasons:

1.} You can't spend more than you have for wars and welfare without turning on the printing press {IE cause inflation}

2.} Gold can devalue

The reason the fed was set up in the first place was to regulate bank deposits and in the rare case gold devalued they cold print money to to make up the differance and save off a panic, something they failed to do in the Great Depression when they let the money supply decreas by 1/3. Money backed in gold is one of those way out ideas that the majority of Nobel Prize winners agree with {except neo keynsians} and most buisness leaders like a Steve Forbes. The debate has more to do if we should keep the fed for the reasons I descibed.

Educate yourself...
 
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blackascoal said:
My solution is to be a better global partner and recognize that America can no longer buly the rest of the world into doing our bidding at the expense of their own people.
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I'll go for that, with the caveat that the rest of the world cannot bully americans into harming their own people too. We agree. Unless you want harm to americans left ON the table.
My solution is to end our war of terror on Islamic nations and seek real peace and solutions in the ME.
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My solution is to make trade agreements that do not solely benefit corporations and the aristocracy.

My solution is to recognize that our dependence will not allow us to simply distance ourselves from the rest of the world, thus we had better seek more quid-pro-quo and equitable agreements.
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Here you will be told that labor standards and basic human freedoms are trying to "force your morality" on them. Is it?
My solution is to take the doctrine of American exceptionalism and flush that bullshit down the toliet .. then deal with the world as equals.
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Is it a doctrine that is false or merely proof that freedom works?
 
blackascoal said:
If you consider what you've been doing since I've been here as "whipping my ass all over the place" then you've demonstrated why you don't have a clue what you're talking about.

I just call it dementia .. you can call it whatever you want.

We may agree that Americans are being screwed but you fail to recognize why we're screwed .. and I'm not real sure you possess the capacity to think beyond it even if you did know.

You're a right-winger and there is this thing called "the obvious".

I know .. flew right over your head.

Simple question .. what is obvious and demonstrated over the past 7 years about the right-wing thought?

Let's hear one of those "solutions" you speak of?

So much easier to simply play the fool than to defend yourself against being one, isn't it?

Open up a can of the "whoop-ass" you claim you have and let's see if you can intellectually articulate your position.
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How about this? If you vote for Hillery or Obamma or Edwards---I will be happy to come over and "whip your ass all over the place"! Why---because you are responsible for stealing my American dream. I will look at it as my right to protect myself and my property and my liberties. Anybody that implements a socialistic health care plan in this country will be effectively taking away peoples American dream and their ability to get ahead (which makes more dependant people). If demacrats and liberials want me to take care of dependant people (most who are able), that will get inbetween me and my ability to take care of myself and earn a retirement (is retirement a right now also?). Those are ass whoppen idealisms to me. Now, I am not a violent person, but anybody who takes the money from me to give to some looser, that I had the friggen guts to go out and get--I would love to punch those people sqaure in the nose.
 
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theMAJORITY said:
How about this? If you vote for Hillery or Obamma or Edwards---I will be happy to come over and "whip your ass all over the place"! Why---because you are responsible for stealing my American dream. I will look at it as my right to protect myself and my property, because anybody that implements a socialistic health care plan in this country will be effectively taking away peoples American dream and their ability to get ahead.
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Feel free to come on over and whip my ass anytime you choose .. which I can tell you now will only bring great comedy to my life coming from someone on the right in the face of the disaster people just like you have brought to this nation.

And here's another clue .. it ain't (eb) your America.

You just live here like everybody else .. no special claim on this country .. no extrodinary contributions that give you title .. no special any damn thing that identifies you as anymore a proprietor than any other citizen.
 
Bc I like your solution. Stop the phoney war of terror.
I was going to rail on you for poo pooing the American economy. But if you are skeptical of the racist motha fuckers in charge and distrust them I feel ya.
The dollar is where it was ten years ago and soon it will be back up, of course the economics illiterate dems will ignore selectively. I'll give you a pass based on your well founded fear of racism.
 
blackascoal said:
Dumb and dumber.

Don't look now dummy but the rest of the world is dumping dollars and balancing their holdings with euros.

There is just so much more than can be addressed about the question of whether we are more dependent on the rest of the world than they are us .. but unfortunately, you sir are not the person I'd like to have that discussion with .. given your .. ahh .. limitations.
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I am definitely impressed that the combined wealth of most of Europe is more valuable than the currency of a single country....we are clearly circling the drain.
 
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