*~1Best~*
14 years ago
It was all propaganda ~ most of western nations are bankrupted and enslaved. Lives in western are mostly miserable even though in appearance they smile and say love and peace. over 80% adults are on some kinds of drug -- depression, illness, just drug addicts, etc.
It was a big mistake that I listened to Bush. IT WAS A BIG MISTAKE!! It was a big financial scam ~ big, big scam using real life drama such as 911. Study ancient histories also and put all the puzzles together -- God will lead and provide clues!
~~~~
President Obama warned President Hu Jintao that if China did not step up its pressure on North Korea, the United States would have to redeploy its forces in Asia to protect itself from a potential North Korean strike on American soil, a senior administration official said Thursday.
http://www.cnbc.com/id/41185331
*~1Best~*
14 years ago
Fed Reserve psychopathic Fraud: Insane ~ Europe went bankrupt, but the fraudsters are still pumping markets! They, US+EU, are the same owners of the fraudulent Fed Reserve and big banks deceiving all.
The problem is that they are still pumping markets to defraud the mass and national treasuries!
$COMPX 2765.85 10.55 0.38% 2,036,575
$INDU 11837.93 50.55 0.43% 1,284,479
$INX 1295.02 1.78 0.14%
*~1Best~*
14 years ago
Western countries are enslaved by massive debt which they will NEVER get out!
Western countries are possessed by demonic deception as in Genesis 3:1 for example, there is no hope for this world under the demonic, highly deceptive system except through Asians realize and understand the realities of deception in bankrupted nations in western countries.
The most highly demonic, intellectual reptilians possessed and brainwashed almost all, and the foolish Asians and almost all westerns are enslaved by the reptilians, e.g. Greenspan & Bernanke Fed Reserve living hell, rotting human beings alive --- financial hitler, i.e. its demon possessed slaves.
Christianity, as well as other religions, is used by the reptilians such as Greenspan-Bernanke and the Fed Reserve mammon greed followers as they preach Love and Peace only to lead mass into massive financial hitler style rotting people alive, and claim themselves as Elites -- which is in reality - the demons in Genesis 3:1. The demonic power pollutes western cultures with ill, sickness of various kinds - e.g. the 666 digital enslavement. Nearly 80% adult Americans, for example, are on some kinds of drugs such as psychological drugs if those are not illness related. Western countries are sick and filled with all kinds of different mental sickness and enslavement.
China, obviously, has better financial & political system when compared to US/Europe Capitalism Fraud & Deception.
China is the big daddy and mama for Asians.
Asians are brainwashed with false propaganda.
How bad is the China financial and political system?
Capitalism became the worst form of economic system -- it's nightmare, and I can explain. You should know when you think about the reasons. The capitalists are the profit-takers (your wealth).
~~*~~
The Foreclosure Dump
Millions of Americans lost their life saving and bankrupted, now, because of the fraud and deception using markets. They will never recover from the nightmare in their life time. They are living in living nightmare.
The western financial, economical, and political system became demonic.
*~1Best~*
14 years ago
It seems like the US manipulation of the N-S Korea is about "China" is being independent; so, US manipulation (obviously Europe is together) is trying to manipulation Asians to fight.
I hope that they are not ignorant to be manipulated by the US manipulators!
~~*~~
Greenspan started the most demonic economic war against Americans and America, and Bernanke is his puppet carrying out the same.
How does Capitalism literally and legally steal money from mass? The answer is in Genesis 3:1, the deception in most subtle form which most of people is completely being fooled into.
Almighty God, lead and guide us to fight against demonic power manipulating wars. At present time, N-S Korea is used by the greedy few as they were as we see it in global history. All are under control by Your Mighty Power, and Your Will be accomplished. Praise You. Amen.
~~*~~
Wars are manipulated by the Few.
The Greedy Capitalists are continuing to manipulate S-N Korea to exploit their economic and international minority status -- as previous wars which were also manipulated.
~~*~~
Quote:
12/8/2010
Bloomberg
South Korea declared North Korea’s regime and military its enemy after the communist country’s deadly shelling of a border island last month that killed four people, including two civilians.
South Korea stopped short of calling North Korea its “main enemy” in a defense white paper to be published tomorrow, the defense ministry said in a statement on its website. The term main enemy was dropped in 2004 under South Korea’s “Sunshine Policy” of engagement with North Korea.
President Lee Myung Bak has taken a tougher approach to North Korea since coming to power in 2008 and in the wake of the deadly Nov. 23 shelling of Yeonpyeong Island. Lee named Kim Kwan Jin as his new defense minister just three days after the artillery barrage and has pledged to strengthen the military.
*~1Best~*
14 years ago
This is inevitable and obvious -- otherwise, N-S Korea manipulated into another war, they will go bankrupt. Wars are manipulated, and hopefully, they are not naive and stupid to go into a war.
~~~~~
QUOTE:
South Korea must unite to survive, says President Lee
Lee Myung-bak at the Demilitarised Zone on 26 Dec Mr Lee said he had learned "valuable lessons" from the Yeonpyeong island shelling
Continue reading the main story
South Korean President Lee Myung-bak has told his nation it must unite in the face of military aggression from the North.
Mr Lee said in a national radio address that what was at stake was "the survival of this nation".
He added: "If [we] are afraid of war, we can never prevent war."
*~1Best~*
14 years ago
This is the latest story. And it is obvious that US is manipulating S.K..... pulling strings to manipulate a war. It's nightmare, and I hope that N-S Korea are not stupid enough to start a war. When SK goes to a war, you know they will go bankrupt.
There was a news about young Chineses are now loving Christmas -- you know as I said, any country adopts western culture, they will most likely go bankrupt as histories have proven.
~~~
Quote:
cbs
POCHEON, South Korea - North Korea lashed out Thursday after South Korean fighter jets dropped bombs and tanks fired artillery as the military staged its largest air and ground firing drills of the year in a show of force a month after the North's deadly shelling of a front-line island.
The North said it was ready to launch a "sacred war," accusing South Korea of exacerbating tensions on the peninsula.. ...............
*~1Best~*
14 years ago
S Korea is manipulated!! They manipulated God as well as if He can be deceived!
Special announcement: CHRISTMAS IS CANCELED!!!
Jesus is celebrated everyday.
Christmas is a marketing scam.
Jesus is celebrated every day!!
Quote:
If I wasn't patriotic, I would not be wasting my time and energy which I have since July 2004. I also served in US Navy believing in US propaganda.
Well, there are good points, but mostly misleading and fraudulent claims made by US Leaders.
I think, however, China would be, for that matter any countries. Nevertheless, China is not bankrupted yet.
You made, however, very good points which are realities which we much think very carefully -- the beginning of USA. Even though we hear those nightmares, because of lacking to face realities, we simply choose to take it lightly. However, we now have to face the reality!!!
So, you think that China will not go bankrupt in 10years. Will see how long they will last.
When they (anyone) mess with financial markets -- THEY WILL, mostly, ALL GO BANKRUPT -- histories prove it.
*~1Best~*
14 years ago
S. Korea and Asians are manipulated by Greedy politicians into wars. Americans and westerners have more hidden problems such as all kinds of health and mental problems.
Japan is literally bankrupted. Western system devalues family -- breaking up family values, promoting cheats and unethical back-stabbing.
Asian values are still superior such as strong family value.
Many would not mind living in healthy environment with less money than going bankrupted and live in insanity.
N-S Korea is dysfunctional because of big power manipulation.
Hopefully, Asians are not following western madness of monetary slavery and madness.
Many Asians in US are living in nightmares taken as whole worse than half-century ago.
Hopefully, some Asians are able to see the slick devilish deception of money slavery system and are not fooled by it.
QUOTE:
Adm. Mike Mullen, chairman of the U.S. Joint Chiefs of Staff, was quoted by Agence France-Presse as saying — after a meeting with Japan’s Defense Minister Toshimi Kitazawa — that he had high hopes for Japan’s participation in U.S.-South Korean drills to promote security after North Korea’s bombardment of a disputed South Korean island last month.
“I do have a real sense of urgency about addressing the potential in terms of the Korean Peninsula that is much better addressed with all of us together, in terms of showing strength and getting to a point where we can deter North Korean behavior,” Mullen reportedly said, according to AFP.
*~1Best~*
14 years ago
Hope you are having a good TG.
Regarding N-S Korea:
It is obvious that this is another scam that US is playing using S Korea.
http://www.cnn.com/2010/WORLD/asiapcf/11/23/nkorea.skorea.military.fire/index.html?hpt=C1
Can you imagine that they are doing war drill so close to the N. Korea land.
It is time that they should unite with the China influence, but as we heard that ALL WARS are motivated by money and power -- by a few people.
If China let N Korea to unite with S Korea like Germany, I think that the world could be more peaceful -- however, I heard that the few is constantly making troubles around the globe motivated by money and power.
What's astonishing is that what I heard and learned during the past half century is inaccurate -- and just a few are willing to address the real problems.
It looks to be that it is so much easier to ignore it all and live day by day --- and that is the reason the world is in a hands of a few very greedy people who are corrupting the world.
For the purpose of "Peace" between N-S Korea, I hope that China can show good will toward N Korea so that they can unite and operate like states under one country.
I see that China President seems to be very smart and the leaders are also -- even though I don't follow their politics closely.
S Korea has Chinese movies and people living there for very long time. It seems that N Korea is geographically disadvantaged for good economy as well as blocked by North side by China and South side by S Korea.
I hope that China President will help them to unite. Everyone knows that China has the power to reconcile them. I don't think that they are betraying N Korea by helping to progress forward as the rest of the world is --- even though we are seeing very unfair manipulation is going on around the globe.
N Korea is one of the last isolated from the rest of the world -- and we know that China has the key and the power to change the situation.
Hopefully, China President will help them to reconcile instead of using them as political pawns.
Addendum: I can understand one of reasons for China being Communistic country -- actually, I don't know details of China communistic policies, however, it seems that Communistic form of Government could be appropriate because the population is very big and large.
However, N Korea can adopt S Korea government style since they are not as populated as China -- but of course, China would not want to lose N Korea to US governing style which I can understand.
I don't think that China will easily let N Korea to unite with S Korea because of fundamental differences of government style, but I hope that the similar government style of Chinese and United States -- adopted by N-S Korea so that they can both accommodate China and US.
Actually, entire world is manipulated, so who knows exactly what is going on -- I hope that S Korea and China will not go bankrupted like major nations around the globe.
Everyone who hears about this is lucky because I never heard these until recently years -- it was astonishing, stunning, distressful -- and still is, even though many are accepting false and true.
I hope your nations are not as foolish as the rest of the world.
*~1Best~*
14 years ago
The Fed Greenspan-Bernanke fraudulent hype, scheme, scam will bankrupt USA if the fraud continues.
~~~ MANY AMERICANS ARE STILL NAIVE.
The major European country debt level is a clue.
Nov. 10, 2010, 10:53 a.m. EST
Margin boost, other woes hammer Irish bonds
Irish 10-year yield rises to 8.5%, spread vs. Germany hits record
*~1Best~*
14 years ago
US scams: Fed Greenspan on "bank fraud" - the fact is that I was fraudulently deceived by the Fed Reserve fraudulently disguising as if it is a government entity, for example.
Also millions of Americans are deceived, but it is their insane choice if they want to remain silent about the reality that our nation is going bankrupt due to the fraudulent activities, schemes, and scams. The Fed Reserve is owned by private banks -- Fraudulently deceiving public until now that Americans are discovering facts.
Hopefully, Asians will be fooled into the USA scams as I have been fooled into -- even though there are good points, the deception is not known to almost all around the globe, and still to many Americans even though many are now learning the real facts.
WATCH OUT, OTHERWISE, YOU WILL ALL GO BANKRUPTED. Don't believe media or prevalent news hype for many of news and commentaries are misleading and hyped. Learn real American and western history, then, you will be astonished.
*~1Best~*
14 years ago
US Treasury - Geithner - robbing Americans & America
NIGHTMARE
The FED Bernanke using Treasury/Geithner, hype up Financial markets -- easy to do using computer programming and Treasury printing -- claiming double-dip economy is over. This is another MADOFF scam economic lunacy for American people as financial market hype is resulted in defrauding Americans and America for the billions and trillions of market hype mostly went to the few.
American financial/economic/political system has evolved to a literal defrauding entity -- now some realize what is happening.
American Nightmare
ANYONE STILL IS NOT AWARE OF REAL FACTS?
Most of Americans are fooled until now, even though some Americans are now learning the real facts.
US Treasury is the source of Madoff Fed Bernanke, just as previous Fed CEOs.
You can all verify the facts and numbers, e.g. deficits and real reasons & money flow.
Real facts are not taught in Universities or through media hype.
~~~*~~~
QUOTE: The United States struggled on Friday to win backing for its proposal of setting numerical targets for external imbalances as a way of pressing surplus countries such as China to let their exchange rates rise.
In a letter to fellow finance ministers of the Group of 20 leading economies, U.S. Treasury Secretary Timothy Geithner said countries should implement policies to reduce their current account imbalances below a specified share of national output.
Diplomats said the Treasury chief was proposing to limit surpluses and deficits on the current account — the broadest measure of trade in goods and services — to 4 percent of gross domestic product.
*~1Best~*
15 years ago
America and western world is possessed by greedy demonic power. There is no hope under the greed manipulation. The greed has deceived just about all, however, God can't be deceived, and He knows all the facts.
God knows all the facts about how the greed demons deceive the world. In 1970s, many heard about western world is corrupt and materialistic through preaching, however, they never said the reason. We now know the reason as it is because of the greedy, demonic power deceiving the world.
$COMPX 2529.03 -1.12 -0.04% 1,183,540
$INDU 11236.40 32.12 0.29% 603,370
$INX 1216.59 -0.69 -0.06%
There is no hope unless God sends a miracle through the people, however, the demonic greed power will always fight against the will of God.
*~1Best~*
15 years ago
BIG GLOBAL SCAM: now this is going on in China.
Banks and homeowners alike need to take a more realistic view about how to stem the tide of foreclosures overtaking the housing market and the economy, the head of a government watchdog panel told CNBC.
http://trend-signals.blogspot.com/2010/04/fed-bernanke-greenspan-multi-trillions.html
The Greenspan scam plan by repealing Glass-Steagall act along with the Fed Bernanke literally stealing multi-trillions from US Treasury after bankrupting millions of Americans using financial market bubble/crash.
Time to 'Sober Up' on Foreclosures: TARP Official
| 14 Apr 2010 | 08:14 AM ET
Banks and homeowners alike need to take a more realistic view about how to stem the tide of foreclosures overtaking the housing market and the economy, the head of a government watchdog panel told CNBC.
The more than $700 billion the government allocated toward dealing with foreclosures has only made a minor dent in the problem, said Elizabeth Warren, chairwoman of the Congressional Oversight Panel for the Troubled Asset Relief Program.
That's because those on both sides of the equation are not taking a proactive enough approach, she said.
"We have to sober up on this and say, 'Look, it's time to get realistic,'" Warren said. "It's time for the banks to get realistic about the value of the second mortgages, it's time to be realistic about doing some principal writedowns."
But the onus is not entirely on banks. Homeowners with distressed mortgages also may need a reality check.
"Some of you should stay in your homes...and some of you don't belong in those homes and you've got to be moved out," Warren said. "And frankly, those houses need to get back onto the market and get into the hands of people who can afford them."
"In other words, acknowledge the problem, deal with it, write off the losses and start rebuilding an economy on solid ground."
Warren projected that as many as 1.9 million homeowners will lose their houses this year, up a notch from the 1.7 million in 2009. Some 200,000 families a month are being added to the foreclosure rolls.
She called the situation a "negative spiral" in which foreclosures are driving down property values which in turn creates more foreclosures.
"We have a problem," she said. "It is continuing to grow."
Banks and homeowners alike need to take a more realistic view about how to stem the tide of foreclosures overtaking the housing market and the economy, the head of a government watchdog panel told CNBC.
The more than $700 billion the government allocated toward dealing with foreclosures has only made a minor dent in the problem, said Elizabeth Warren, chairwoman of the Congressional Oversight Panel for the Troubled Asset Relief Program.
That's because those on both sides of the equation are not taking a proactive enough approach, she said.
"We have to sober up on this and say, 'Look, it's time to get realistic,'" Warren said. "It's time for the banks to get realistic about the value of the second mortgages, it's time to be realistic about doing some principal writedowns."
But the onus is not entirely on banks. Homeowners with distressed mortgages also may need a reality check.
"Some of you should stay in your homes...and some of you don't belong in those homes and you've got to be moved out," Warren said. "And frankly, those houses need to get back onto the market and get into the hands of people who can afford them."
"In other words, acknowledge the problem, deal with it, write off the losses and start rebuilding an economy on solid ground."
Warren projected that as many as 1.9 million homeowners will lose their houses this year, up a notch from the 1.7 million in 2009. Some 200,000 families a month are being added to the foreclosure rolls.
She called the situation a "negative spiral" in which foreclosures are driving down property values which in turn creates more foreclosures.
"We have a problem," she said. "It is continuing to grow.
"http://www.cnbc.com/id/36497737/
*~1Best~*
15 years ago
GLOBAL MARKET MANIPULATION !!
Obvious FED Bernanke with Ph D from Princeton MIT = Lic. to lie and to deceive ... even though the FED Reserve is always ruthlessly deceptive -- as we now know it.
$COMPX 2465.99 8.12 0.33% 2,507,381
$INDU 11019.42 13.45 0.12% 1,147,457
$INX 1197.30 0.82 0.07%
About 10 millions bankruptcies since Greenspan lunatic market bubble/crash.
LET ALL S. KOREANS KNOW THAT THE FEDERAL RESERVE and gangs are "666" deceptive as in Gen 3 and Matt 4 bankrupting millions of people using deception!!
It's all about juggling global deception manipulating one part of the world against the other part of the financial world.
It's masterful deception as the FED Reserve has mastered over the 100s of years.
In the end, the FED Reserve will bankrupt all except a few in collusion and corruption net work.
Financial market, economic manipulation, and political manipulation ~~ the satanic=deception ~~
The Fed Bernanke and greedy gangs are making debt bubbles == slaughtered all bears... DEAD, DEAD, DEAD AGAIN!
Also, you know and you know who has done it with the Poor plane crash!! GOD KNOWS IT 100%!!!
THE FED BERNANKE GANG LIARS ~ deceived, bankrupted, enslaved all with debts!!! GOD HAVE MERCY!!!
*~1Best~*
15 years ago
EWY -- SK small country can be collapsed when you least expected.
The US Debt rising like living hell as the FED Bernanke literally robbing Treasury.
1. Ireland - 1,267%
External debt (as % of GDP): 1,267%
External debt per capita: $567,805
Gross external debt: $2.386 trillion (2009 Q2)
2008 GDP (est): $188.4 billion
2. Switzerland - 422.7%
External debt (as % of GDP): 422.7%
External debt per capita: $176,045
Gross external debt: $1.338 trillion (2009 Q2)
2008 GDP (est): $316.7 billion
3. United Kingdom - 408.3%
External debt (as % of GDP): 408.3%
External debt per capita: $148,702
Gross external debt: $9.087 trillion (2009 Q2)
2008 GDP (est): $2.226 trillion
4. Netherlands - 365%
External debt (as % of GDP): 365%
External debt per capita: $146,703
Gross external debt: $2.452 trillion (2009 Q2)
2008 GDP (est): $672 billion
5. Belgium - 320.2%
External debt (as % of GDP): 320.2%
External debt per capita: $119,681
Gross external debt: $1.246 trillion (2009 Q1)
2008 GDP (est): $389 billion
6. Denmark
External debt (as % of GDP): 298.3%
External debt per capita: $110,422
Gross external debt: $607.38 billion (2009 Q2)
2008 GDP (est): $203.6 billion
7. Austria - 252.6%
External debt (as % of GDP): 252.6%
External debt per capita: $101,387
Gross external debt: $832.42 billion (2009 Q2)
2008 GDP (est): $329.5 billion
8. France - 236%
External debt (as % of GDP): 236%
External debt per capita: $78,387
Gross external debt: $5.021 trillion (2009 Q2)
2008 GDP (est): $2.128 trillion
9. Portugal - 214.4%
External debt (as % of GDP): 214.4%
External debt per capita: $47,348
Gross external debt: $507 billion (2009 Q2)
2008 GDP (est): $236.5 billion
10. Hong Kong - 205.8%
External debt (as % of GDP): 205.8%
External debt per capita: $89,457
Gross external debt: $631.13 billion (2009 Q2)
2008 GDP (est): $306.6 billion
11. Norway - 199%
External debt (as % of GDP): 199%
External debt per capita: $117,604
Gross external debt: $548.1 billion (2009 Q2)
2008 GDP (est): $275.4 billion
12. Sweden - 194.3%
External debt (as % of GDP): 194.3%
External debt per capita: $73,854
Gross external debt: $669.1 billion (2009 Q2)
2008 GDP (est): $344.3 billion
13. Finland - 188.5%
External debt (as % of GDP): 188.5%
External debt per capita: $69,491
Gross external debt: $364.85 billion (2009 Q2)
2008 GDP (est): $193.5 billion
14. Germany
External debt (as % of GDP): 178.5%
External debt per capita: $63,263
Gross external debt: $5.208 trillion (2009 Q2)
2008 GDP (est): $2.918 trillion
15. Spain
External debt (as % of GDP): 171.7%
External debt per capita: $59,457
Gross external debt: $2.409 trillion (2009 Q2)
2008 GDP (est): $1.403 trillion
16. Greece
External debt (as % of GDP): 161.1%
External debt per capita: $51,483
Gross external debt: $552.8 billion (2009 Q2)
2008 GDP (est): $343 billion
17. Italy
External debt (as % of GDP): 126.7%
External debt per capita: $39,741
Gross external debt: $2.310 trillion (2009 Q1)
2008 GDP (est): $ 1.823 trillion
18. Australia
External debt (as % of GDP): 111.3%
External debt per capita: $41,916
Gross external debt: $891.26 billion (2009 Q2)
2008 GDP (est): $800.2 billion
19. Hungary
External debt (as % of GDP): 105.7%
External debt per capita: $20,990
Gross external debt: $207.92 billion (2009 Q1)
2008 GDP (est): $196.6 billion
20. United States
External debt (as % of GDP): 94.3%
External debt per capita: $43,793
Gross external debt: $13.454 trillion (2009 Q2)
2008 GDP (est): $14.26 trillion
*~1Best~*
15 years ago
Madoff FED 666 Bernanke did it again. He is a perma lunatic and disgrace for Americans -- and remember, the greedy and ruthless 666 will rob you sooner or later. You must fight the 666 demons.
If the American-British preachers let know Asian Christians all around the globe 30-40 years ago, we wouldn't be in this mess in US and other parts of the globe.
Have a good weekend
$COMPX 2454.05 17.24 0.71% 2,100,199
$INDU 10997.35 70.28 0.64% 1,047,845
$INX 1194.37 7.94 0.67%
*~1Best~*
15 years ago
G20: S. Koreans/Asians following the path ~~> American wealth destroyer CC : Consumer Credit Plummets by Record $21.6 Billion
| 08 Sep 2009 | 03:57 PM ET
Total U.S. consumer credit fell by a record $21.6 billion in July, Federal Reserve data showed on Tuesday, while June's decline was bigger than previously thought.
July consumer credit outstanding fell at a 10.4 percent annual rate to $2.47 trillion, suggesting that households were shying away from credit amid rising unemployment.
Analysts polled by Reuters had forecast consumer credit dropping by $4.0 billion in July. June's figures were revised to show a $15.5 billion drop, previously reported as a $10.3 billion drop.
Consumer credit has now declined for six consecutive months, the first time this has happened since the period from June 1991 to December 1991.
Nonrevolving credit, which includes closed-end loans for big-ticket items like cars, boats, college education and holidays, plunged a record $15.4 billion, or at a 11.7 percent annual rate, to $1.6 trillion.
Revolving credit, made up of credit and charge cards, dropped $6.1 billion, or at 8.1 percent rate, to $905.6 billion, the data showed.
URL: http://www.cnbc.com/id/32738637/
*~1Best~*
15 years ago
Asian Economy and financial markets ~ The FED enslaved China as well -- scheme to rob individual bank accounts using mass media brainwash scam.
The FED Vempire destroyed the United States.
The Buffett vempire another example.
The Fed ruthless Fiatzz money scam economic theories ~ for decades ~
Printing ~ How many years, ASIANS to go bankrupt like Americans and Europeans?
Would the FED Bernanke ma fiatzz take a break?
US debt is going ballistic to get the financial market hyped.
How many years will it take Asians who have small individual savings to spend and to bust becoming like many Americans?
How many years would China and S. Koreans take to become like many Americans?
Chinese have one of highest saving rate, and eventually, with the cultural change using T.V. media and written materials, they will also be brainwashed going through the same cycle as did Americans overspending and being in massive debt.
Since all media is owned by the same money propaganda RICH, they will do anything to suck up more wealth sooner or later, like in USA taking decades.
200+ NY Dealers Pull Out of Clunkers Program
| 19 Aug 2009 | 02:05 PM ET
A New York dealership group says hundreds of its members have left the Cash for Clunkers program, citing delays in getting reimbursed by the government.
The president of the Greater New York Automobile Dealers Association said about half its 425 members have stopped offering rebates from the program because they can no longer afford them.
Veterans of two wars work together: One city, 15,000 homeless veterans
By Paul Vercammen
New Directions says there are more than 15,000 homeless vets in Los Angeles, the largest such population in the United States. Most of the vets are from the Vietnam War era. A small but growing number of veterans from Afghanistan and Iraq are
GrapplerKe
This is exactly why I will not be focusing on importing goods from China, but instead will be exporting goods from California to China.
The mass brainwashing has already begun. Last year, I thought it would only affect the younger generation, but apparently the older generations have been brainwashed just as easily. Just as many centuries ago when China went bankrupt while it was on top of the world, the same will happen to China again. History continues to go in cycles.
The Chinese have already begun to buy multiple houses and highly expensive consumable goods. To them, more expensive = better.
The FED enslaved China as well?
Bernanke ruthless fiatzz money scam: re Bernanke's Tough Task: Taking Away Emergency Aid
Greenspan & Bernanke mafiatzz ruthless money scam using economic theory deception over decades ~ Americans and the US have been robbed during the Greenspan era as we can see it.
The Fed is robbing countries with indebtness and using the Financial markets -- now, globally using print machine and deceptive manipulation of economic theories.
http://www.cnbc.com/id/32496923
"The Fed fears that if Representative Paul is successful in creating Fed balance sheet transparency, the public will pull power from the Fed before the Fed can work its magic to inflate the assets it has acquired – a process that will take several years to complete. "
*~1Best~*
15 years ago
Asian markets are also being fooled: EWY/ KOSPI is also being fooled by the global financial deception
The greedy global money power will enslave all countries, eventually, and will bankrupt millions.
After enslaving Americans and European countries, now the greedy money power is on the move to ASIA.
It's deception using mass media to brainwash to slave under the money power.
Americans are the examples after under gone decades of manipulation and deception using economic theories and hype manipulation.
Let others to know the truth and facts. Don't be fooled.
The deceptive power will hook you in, then, it will rob you. The greedy power will rob you using all kinds of manipulation and deception.
Bankrupting many using global financial markets:
The Fed print robbing the USA using deception for decades, now, still robbing Americans running up massive debt :
"May 2009 set the sixth consecutive monthly record in food stamp use in the US, with 34.4 million Americans relying on federal; assistance to feed themselves."
Jobless Claims Show Surprise Gain Amid Fears on Economy
| 20 Aug 2009 | 08:35 AM ET
The number of U.S. workers filing new claims for jobless benefits unexpectedly rose last week, a government report showed Thursday, fanning worries of an anemic recovery from the worst recession in 70 years.
Initial claims for state unemployment insurance benefits rose 15,000 to a seasonally adjusted 576,000 in the week ended Aug. 15 from 561,000 the prior week, the Labor Department said.
Analysts polled by Reuters had forecast new claims slipping to 550,000 last week from a previously reported 558,000.
"I think that we're hoping for the numbers to stay below 600,000, and not until we get below 500,000 can we be more certain that there is an economic recovery," said Linda Duessel, market strategist at Federated Investors in Pittsburgh.
Futures for the Dow Jones industrial average and the Nasdaq turned negative after weak jobless data, while U.S. government debt prices erased losses.
While economic data continue to point to a pending upturn from the recession that started in December 2007, doubts over the sustainability of the recovery are causing companies to be cautious.
Though the pace of layoffs has slowed markedly from early this year, unemployment remains high and continues to inflict big dents in household incomes. There are fears that consumer spending will be too tepid to drive the recovery.
The number of people collecting long-term unemployment benefits edged up 2,000 to 6.24 million in the week ended Aug. 8, the latest week for which the data is available. However, the four-week moving average declined 2,500 to 6.27 million.
The insured unemployment rate, which measures the percentage of the insured labor force who are jobless, was unchanged at 4.7 percent.
The four-week moving average for new claims climbed 4,250 to 570,000 last week. The four-week moving average is considered a better gauge of underlying trends as it irons out week-to-week volatility.
Copyright 2009 Reuters. Click for restrictions.
URL: http://www.cnbc.com/id/32489434/
*~1Best~*
15 years ago
Buffett market pump - golly
Insanely Greedy Buffett is obviously pumping markets so that Mafiatzz can unload trillions of stock inventories to someone else.
He can not take his money to likely hell, only GOD knows, so why in the world sucking money out of sheepsters. Where in the hell he got his billions/trillions from --- sheepsters.
http://en.wikipedia.org/wiki/Warren_Buffett
He is 78, and he still wants more money.
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Warren Buffett's 'Greenback Effect' Warning: A Call to Buy Stocks
Posted By: Alex Crippen | Executive Producer
| 19 Aug 2009 | 01:58 PM ET
Warren Buffett is back with a new piece in the New York Times, but today he's not using the high-profile platform to explicitly urge us all to buy stocks as he did last October.
But there's still a big "buy" recommendation implicit in the dollar doomsday scenario he lays out in his latest op-ed.
In The Greenback Effect, Buffett details his ongoing warning that the "enormous dosages of monetary medicine" being used to rescue the U.S. economy will eventually produce a dangerous "side effect."
He worries there won't be enough borrowers ready and able to absorb the nation's growing debt relative to its economic output over the years, forcing Washington's "printing presses" to work overtime churning out paper money.
All those "greenback emissions" will, he fears, feed potentially "banana-republic" style rates of inflation.
Buffett's warning, however, doesn't come with a policy prescription that has to be filled right away.
He still believes our "immediate problem" is to get the economy "back on its feet and flourishing" and that the nation should continue to do "whatever it takes."
While "the United States economy is now out of the emergency room and appears to be on a slow path to recovery," Buffett argues that "once recovery is gained ... Congress must end the rise in the debt-to-G.D.P. ratio and keep our growth in obligations in line with our growth in resources."
"With government expenditures now running 185 percent of receipts, truly major changes in both taxes and outlays will be required. A revived economy can't come close to bridging that sort of gap.
Buffett recognizes that's a very difficult position for politicians who depend on voters for their jobs.
Since they will "correctly perceive" that raising taxes or cutting spending will hurt their re-election chances, legislators may instead "opt for high rates of inflation, which never require a recorded vote and cannot be attributed to a specific action that any elected official takes."
Buffett, however, believes the "invisible" and "latent" threat of inflation could be "as ominous as that posed by the financial crisis itself."
The world "properly" worries about greenhouse emissions causing global warming, says Buffett. "Unchecked carbon emissions will likely cause icebergs to melt. Unchecked greenback emissions will certainly cause the purchasing power of currency to melt. The dollar's destiny lies with Congress."
It's hard to imagine Washington will have the discipline to properly handle that responsibility, and that brings us back to Buffett's previous op-ed in the Times last October.
What should an investor do in tough economic times with inflation on the horizon? Buffett's recommendation then was to buy stocks rather than try to play it safe with cash:
"People who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value. Indeed, the policies that government will follow in its efforts to alleviate the current crisis will probably prove inflationary and therefore accelerate declines in the real value of cash accounts."
He repeated that advice late last month, when he told CNBC viewers that with "real inflationary possibilities" down the road, he "would much rather own equities at 9000 on the Dow than have a long investment in government bonds or a continuously rolling investment in short-term money."
So, while Buffett doesn't explicitly use today's Times piece to repeat his advice to buy stocks, that remains the implicit recommendation given his argument that it will be very difficult, if not impossible, for Washington to summon the "extraordinary political will" to hold off serious long-term inflation.
URL: http://www.cnbc.com/id/32476270/
*~1Best~*
15 years ago
The South Korea and China are following the same path where majority of Americans went through.
Addicted to the materialism and credit card spending until bankrupted.
Of course, right now, KOSPI and Asian markets are getting attention, but those who really know the nature of the capital market operation which is like Mafiatzz style, would be very careful!!
You know what drugs do to you as the money lure using credit is just like that, to hook you in.
Obviously, Americans and the US are like junkies slaughtered by the FED over the decades.
*~1Best~*
15 years ago
How long will it take South Korea to go bankrupt?
Would the FED Bernanke ma fiatzz take a break?
US debt is going ballistic to get the financial market hyped.
How many years will it take Asians who have small individual savings to spend and to bust becoming like many Americans?
How many years would China and S. Koreans take to become like many Americans?
Chinese have one of highest saving rate, and eventually, with the cultural change using T.V. media and written materials, they will also be brainwashed going through the same cycle as did Americans overspending and being in massive debt.
Since all media is owned by the same money propaganda RICH, they will do anything to suck up more wealth sooner or later, like in USA taking decades.
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200+ NY Dealers Pull Out of Clunkers Program
| 19 Aug 2009 | 02:05 PM ET
A New York dealership group says hundreds of its members have left the Cash for Clunkers program, citing delays in getting reimbursed by the government.
The president of the Greater New York Automobile Dealers Association said about half its 425 members have stopped offering rebates from the program because they can no longer afford them.
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Veterans of two wars work together: One city, 15,000 homeless veterans
By Paul Vercammen
New Directions says there are more than 15,000 homeless vets in Los Angeles, the largest such population in the United States. Most of the vets are from the Vietnam War era. A small but growing number of veterans from Afghanistan and Iraq are starting to hit the streets.
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