Comments

While there's an element of

While there's an element of humor in Fiore's insightful cartoons, it's so bloody depressing in our world right now. Does anyone see one minutia of hope on the horizon????

There are no capitalisme or

There are no capitalisme or communisme or any of the other isems,
the only thing there is is coperations, watch Network 76, there
is a lot of truth in that movie!
http://tinyurl.com/c3qhxw

I do hope you help us get

I do hope you help us get rid of this capitalism nonsense before it dooms us all, because this will just keep happening again with more severity, and people will always be poor until we trash the retarded system that claims everyone is in debt to the federal reserve, when they have done NOTHING for the country.
Everything is created from engineers calculations, harvested natural resources, high-tech machines, and the sweat of every bricklayer et al, all over the world. Writing a number on a piece of paper or a computer screen and saying it allows you to run your business is not a contribution to society, and does not indebt anyone to you.
Bankers must go (preferrably to a forced work camp to pay off their years of luxury, run by those orphaned in the War On People).

http://video.google.com/videoplay?docid=7065205277695921912
http://www.thevenusproject.com

You all need to read: "The

You all need to read:

"The Unseen Hand" - the best book ever written on why things in our country and in our world happen the way they do.

"The Creature from Jekyll Island" - the book you must read if you want to understand the history of the federal reserve.

"The Daily Bell" - This is a Swiss free Market daily online newsletter. It is an excellent source.

TJM
www.hopeforman.com
mr.resumeguy@gmail.com

I wrote the following reply

I wrote the following reply to a so-called respected economist at
http://www.econbrowser.com/archives/2009/09/guest_contribut_2.html
I contributed the following comment. One day ago. The comment was reviewed and was not published. Like so many things. Where the Bankers have piled up so much interest from us. They pretty much own everything. I would hate to be owned. I don't borrow money which means masters mouth does not bother me. Only the loud mouths that do owe their masters can be loud and pushy and a real pain in the tail.

Here is the following reply I had sent to that economist:

To big to fail banks. Really means a vote on the Federal Reserve Corporation. Only the big banks get a vote. They and their subsidiary's (they have more subsidary's than you know). Can never be sunk because all they have to do now is get some numbers that on a computer screen from the Fed. Instant money. BLA BLA THIS BLA BLA THAT. I am tired of all the BS that obscures or covers up all of that. And well the Pmi companies and the reinsure people like AIG. Are all owned by the same people to.

Not to mention Wal-mart. Ford, Bank of England ahem, Suntrust, Target, Kroger, Mcdonald's (Joan croc what a croc), Publix, Exxon, BP. I could go on forever.

Heres the thing with all the interest you have sucked down. From your thieving finiancial products. That made all of these Corporations and Companies. Which resell at scalped prices to put on credit like your Mastercharge and Visa. The revolvers that never end. Not to mention Auto lenders and Banks. Why even come to us? You will do it anyway.

So it is true we owe. We really owe. Many of us anyway. So you have the right to suck our tax money out to pay for your bailout. Please get our "economy" going again. We would not want your interest to stop. After all it is so vital to you.

I just love seeing everything these people own. Built on the interest we have to pay. It's impressive. Like well the shopping malls. I grit my teeth trying to relax on Saturday. Driving by these tourist attractions like everyone else. I grit my teeth because well. I have to be back to work sooner than I know. Because know it or not I have to help pay for all of these great impressive stores and keep all of this going. If it all caves in I will only know that I have failed and gone bankrupt like everyone else. Hows that for economics junior.

Just wait until after

Just wait until after christmas, when all the companies grab what they can and go bankrupt.

Champ is right, the USD is

Champ is right, the USD is going in the toilet. Watch gold cost to verify this.
You simply cannot print alot of currency and not expect inflation.
China and the oil countries are starting to dump the USD.

I do not know what Obama could have done... I just do not know.

- SPT

A jobless recovery... you

A jobless recovery... you mean, like the last recovery? That felt like a real hangover.

This might sound like

This might sound like stupid, naive optimism, but most say that job growth is kind of a lagging indicator of economic recovery. Anyway, I hope Barack does something to stop the bad behaivor out of the banks that caused all of this and is said to be going on again.

Anyway, it seems like Wall Street needs to restrained in.

Mr. Dan, the Congress came

Mr. Dan, the Congress came together for the common good to save all those Wall Street banksters. It's socialism. Thank goodness. It isn't a free market when the Fed and the Congress and the Treasury all insure what the financiers do and bail them out with money stolen from tax victims. D.C. hates us for our freedom, Mr. Dan. We have to get rid of it so D.C. will like us.

COTO's picture

Their 'market rebound' is

Their 'market rebound' is the USD crashing into the pavement with all the grace of a bathtub launched out of a trebuchet.

Still, with the average P/E of an S&P stock in unprecedentedly stratospheric territory, not even the cratering dollar will keep the stock numbers getting bigger forever.

Happy Crashiversary, America! Let's hope we're still here for the next one.

Thank you for saying those

Thank you for saying those things. I wanted to but had not done it yet. I will go further now that you have got the ball rolling.

In the original stock market crash, the market lost 50 percent of its value and regained about 50 percent. Which crash am I referring to? Both 1929 and 2009. The differences are how long the crash and the rebound took (increasing by a factor of two this time), and the fact that we do not know what is coming in the next 12 to 24 months.

The market in 1929 went from nearly 400 to slightly under 200, then rebounded to nearly 300. Then it fell to a low of barely above 40. That's right. After the rebound just like this one, the marker fell to a low of barely ten percent of what it was before the crash began.

I hope we do not repeat the 1929-40 scenario but think we had better realize we are not necessarily "out of the woods". The current rebound is largely due to excessive spending that will be curtailed. A "jobless" recovery means there is no real recovery at all... just shells being shuffled in a way that temporarily instills confidence and likely ignites inflation.

Thomas Jefferson M.
www.hopeforman.com
mr.resumeguy@gmail.com

can you say dead cat bounce!

can you say dead cat bounce!

admin's picture

Happy Crashiversary! Share

Happy Crashiversary! Share some of your stories of economic woe from the past year. (Including fat banker bonuses.)

-MF

Post new comment

  • Lines and paragraphs break automatically.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Filtered words will be replaced with the filtered version of the word.

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.