The SuperHeroHype Forums  

Go Back   The SuperHeroHype Forums > SHH Community > Politics

Closed Thread
 
Thread Tools Display Modes
Old 09-21-2008, 03:51 PM   #76
JLBats
The boney king of nowhere
 
JLBats's Avatar
 
Join Date: Dec 2004
Location: Toronto
Posts: 21,956
Default Re: The Economy - What the #@&$?!?

...

__________________
[I am in here]
JLBats is offline  
Old 09-21-2008, 03:54 PM   #77
Darthphere
Kneel before 'Drox!
 
Darthphere's Avatar
 
Join Date: Jul 2003
Location: The Phantom Zone
Posts: 83,630
Default Re: The Economy - What the #@&$?!?

So yeah, it's pretty ****ing ridiculous. We're in this economic crisis yet, the lines at the mall are longer than they were during the Holiday season.

__________________
"When I was in college, I was belittling the woman who later become my wife for not knowing who Boba Fett was, and she responded by asking me if I knew who the Prime Minister of Israel was. Surprisingly? Not Mon Mothma."-BKV
Darthphere is offline  
Old 09-21-2008, 04:08 PM   #78
Addendum
Banned User
 
Join Date: Jun 2004
Location: Memphis
Posts: 22,139
Default Re: The Economy - What the #@&$?!?

Quote:
Originally Posted by Dark Vigilante View Post
Ain't gonna happen on my damn watch, that’s for sure.
Because the "globalists" are really paying attention to the superherohype message boards, instead of putting their focus on their plans to "try to take over the world"

Addendum is offline  
Old 09-21-2008, 06:41 PM   #79
Dark Vigilante
Side-Kick
 
Dark Vigilante's Avatar
 
Join Date: Apr 2004
Location: Cape Cod, Massachusetts
Posts: 2,213
Default Re: The Economy - What the #@&$?!?

It won't happen on my watch because I will fight to the death if any super-government run by the wealthy elite attempts to take away my liberties. God gave them to me, and only God can take them.

But that’s only if the **** really hits the fan.


The answer now is to march. Millions and millions of people march to their nearest Federal Reserve bank and demand it be shut down. Eventually, get a huge march to D.C., straight to the Capitol. Tell Congress that they can no longer meet because they do not represent us, and we will not let them pretend they do. All they could do is either ignore us or shoot us. Eventually, with enough people and enough media coverage, they'll budge.

In terms of raw economics, the answer to the Federal Reserve problem is it's disbandment, and then a gold standard based monetary system to replace it here at home. This domestic bill would be the first of two distinct types of currency printed by the U.S. Treasury and the Congress. The second type of bill would be one that a U.S. citizen would trade their gold-standard bill in for at a post-office or some common federal building before leaving to visit another country. The traveling citizen would then take this U.S. foreign bill to the country their visiting and exchange it for whatever type of currency they use in that nation. This new bill is backed by NOTHING, much like our current Reserve system, and thus we can inflate its value to our liking. With how much business we do with foreign countries, we would be able to inflate this new type of bill and purchase so much in such a way to ravage the economy of other nations with no direct impact to ours. With this idea, the gold stays in our economy, and it continues to back our currency, meaning economic stability in the long-term.

__________________
Quote:
Originally Posted by Kritish View Post
How sweet, this thread has turned into an abortion, infidelity and communism thread all morphed together in some kind of internet abomination.
Dark Vigilante is offline  
Old 09-21-2008, 06:43 PM   #80
Rando
Banned User
 
Join Date: Sep 2008
Location: Saskatchewan
Posts: 3,269
Default Re: The Economy - What the #@&$?!?

you guys in america seem kind of screwed...

just saying.

Rando is offline  
Old 09-21-2008, 07:17 PM   #81
StorminNorman
Banned User
 
StorminNorman's Avatar
 
Join Date: Sep 2005
Posts: 30,658
Default Re: The Economy - What the #@&$?!?

Quote:
Originally Posted by jmanspice View Post
It is a tough call, honestly.

On the one hand, I am opposed to allowing the government to bailout these large investment firms, considering our economy is supposedly free-market based.

On the other hand, I feel as if the only way to prevent a massive crash is if the government intervenes.
I agree with this.

StorminNorman is offline  
Old 09-21-2008, 07:41 PM   #82
Superman
The Man Of Steel (Is #1)
 
Superman's Avatar
 
Join Date: Nov 2001
Location: Willie Wonka's Chocolate Factory
Posts: 22,579
Default Re: The Economy - What the #@&$?!?

Obama on the economy.



Discuss.

__________________
Looking For Live Action Superhero Pics? Come Join My Yahoo Group!!!
Live Action Superhero Photo Album
When you go to photos click on ''Albums'' and then go to ''Actions''' and click on ''Alphabetical'' you will get a better line up of the albums
Superman is offline  
Old 09-21-2008, 07:59 PM   #83
zanos
Banned User
 
Join Date: Dec 2001
Posts: 6,810
Default Re: The Economy - What the #@&$?!?

McCain has said that the economy is strong.

zanos is offline  
Old 09-21-2008, 08:31 PM   #84
fifthfiend
M4J3ST1C L3G1SL4C3R4TOR
 
fifthfiend's Avatar
 
Join Date: Mar 2002
Location: Oaktown
Posts: 9,028
Default Re: The Economy - What the #@&$?!?

Quote:
Originally Posted by jmanspice View Post
It is a tough call, honestly.

On the one hand, I am opposed to allowing the government to bailout these large investment firms, considering our economy is supposedly free-market based.

On the other hand, I feel as if the only way to prevent a massive crash is if the government intervenes.
Isn't it funny how our economy is always "free-market based" when it comes to regulations which would prevent the disastrous misbehavior of powerful and wealthy people pursuing their own self-interest at the expense of anybody who isn't themselves, but somehow isn't as soon as those same wealthy and powerful people need to be rescued from the inevitable consequences of that same misbehavior?

It's the sort of thing that might lead a person to think that our present system is in no way a "free market" - that indeed the very notion of a "free market" is indeed a self-evidently absurd piece of propaganda meant to disguise policies that concentrate wealth and power in the hands of the already wealthy and powerful while dismantling any law or institution which might serve or protect the interests of the vast majority of the populace.

fifthfiend is offline  
Old 09-21-2008, 08:35 PM   #85
fifthfiend
M4J3ST1C L3G1SL4C3R4TOR
 
fifthfiend's Avatar
 
Join Date: Mar 2002
Location: Oaktown
Posts: 9,028
Default Re: The Economy - What the #@&$?!?

Or I mean hey, maybe there's some totally important reason why we have to let our society's wealth be so monopolized by such a tiny handful of people that our economy will supposedly implode if we were ever to let these people bear the consequences of their own ****ups? But you know, I can't for the life of me imagine what that reason would be.

fifthfiend is offline  
Old 09-21-2008, 08:56 PM   #86
Batgort
Side-Kick
 
Join Date: Aug 2005
Posts: 349
Default Re: The Economy - What the #@&$?!?

Take a look at The Money Masters, they provide an in-depth history to how money is used, created, and managed by countries. Specifically it investigates the Federal Reserve and how it operates -- the biggest eye opener -- the federal reserve is not a public government entity, it's a set of private banks, private banks who print our money and control our interest and inflation. It's really quite scary.

Here is another tidbit -- the Rothschild dynasty was the biggest bank that provided money to governments thoughout Europe, and guess who is supporting McCain.

Unfortunately, Obama will only say that we need to reform the federal banking system, but hasn't gone as far as to do a monetary reform act (perhaps his second administration will cover that!).

Money Masters: http://www.themoneymasters.com/

Documentary: http://video.google.com/videoplay?do...+masters&hl=en

__________________
In Timm We Trust! <> Can't wait for B v S, SS!
Batgort is offline  
Old 09-21-2008, 09:04 PM   #87
Hobodeluxe
Banned User
 
Hobodeluxe's Avatar
 
Join Date: Dec 2004
Posts: 2,006
Default Re: The Economy - What the #@&$?!?

here's what happened. huge deficits from tax cuts and the war.
this devalued the dollar.
add to that deregulations of the lending institutions.
Wall st lobbyists have Bush and the GOP congress in their pockets and talked him into the "ownership society" plan to make homes available to anyone whether they could pay for them or not and to allow the institutions to loan out up to 60x their capital. (rules that had been in place since the depression for just such a reason)
then gross negligence of the SEC to stop this when they first saw it coming.
The let the banks repackage these loans and give them good ratings then resell them to the investment banks when they weren't any good at all.

It's basically theft. Rich guys got richer. Politicians profited. Dubyah got to score political points with his claims of "more people own homes than ever before"

It was giant party and the GOP was tending bar.

Golden parachutes for all the culprits and the taxpayers left holding the bag.

Hobodeluxe is offline  
Old 09-21-2008, 09:49 PM   #88
DACrowe
Side-Kick
 
DACrowe's Avatar
 
Join Date: Aug 2000
Location: Planet Earth
Posts: 28,758
Default Re: The Economy - What the #@&$?!?

eh?

I'll say I highly doubt any of us are qualified to come up with a logical solution to the problem. I do believe that the government bailing these major corporations and investment banks out is a necessity, but an unfortunate one?

How far do we extend a lending hand? For example, I do not think the CEOs should be reimburse, but can it happen like that. And we're reaching a point far closer to socialism that universal healthcare. The Fed is literally purchasing Wall Street.

My recommendation means little, but I think the government needs to help to an extent but bail them out and then sell the businesses again on the market when the recession (and when we have final info, we will be in a recession) turns around. But again, I'm no expert on this.

As for how the **** we got here? Well, when you support lax regulation and turn a blind eye to such monopolizing and the investors market, this kind of **** happens. It happened in 1929, it happened in 1988 and it happened worse than '88 again in '08. It is simple, the market came down crashing hard, as it is inevitably going to do --especially with no oversight-- and the Fed and last 4 presidential administrations (including Clinton's, albeit he wasn't as dirty as Reagan and Bush jr.'s) doing nothing but giving them more money.

Oh well.

DACrowe is offline  
Old 09-21-2008, 09:53 PM   #89
gap5ewl
inconspicuous since '03.
 
gap5ewl's Avatar
 
Join Date: Dec 2003
Location: North America
Posts: 5,241
Default Re: The Economy - What the #@&$?!?

I'm starting to hear the D word being thrown around in my town. The economic downturn hit pretty hard in my area, mainly because a lot of stupid people bought things they couldn't afford. Greed and corruption are really taking a toll.

__________________
"Whenever someone calls me ugly, I get super sad and hug them, because I know how tough life is for the visually impaired"-Will Ferrel.
gap5ewl is offline  
Old 09-21-2008, 09:56 PM   #90
Hobodeluxe
Banned User
 
Hobodeluxe's Avatar
 
Join Date: Dec 2004
Posts: 2,006
Default Re: The Economy - What the #@&$?!?

Quote:
Originally Posted by Dark Vigilante View Post
In my opinion:

Over the past 30 years, but especially in the last 15, the Federal Reserve has been inflating the value of the dollar through the constant printing of new money
Had to stop reading right there. Printing more money devalues the dollar.

imo here's what we should do. no bailouts. sorry but the criminals need to pay. this was theft. heads should roll including the heads of the sec,the ftc,the treasury and this administration.
yes it could crash the market. that is inevitable anyway. this is just a band aid. this will put the big crash another 6 months to a year out. get ready. it's coming. there's about 67 trillion in debt out there.

It's going to be 1930 all over again but the markets have to be reset. the currency has to be reset.
tough love ya'll but it will be the best for the long run.

The party is over. Our lifestyles will change. But new industry and markets will replace old and perhaps we'll do better this time.

Maybe this time we'll not be so militaristic and plutocratic.

Hobodeluxe is offline  
Old 09-21-2008, 09:56 PM   #91
DACrowe
Side-Kick
 
DACrowe's Avatar
 
Join Date: Aug 2000
Location: Planet Earth
Posts: 28,758
Default Re: The Economy - What the #@&$?!?

P.S. Am I the only one who contemplates an extension of the current policy? If our government is going to bail out the "too-big-to-fail" businesses, shouldn't we create a flexible guideline to what qualifies certain firms or corporations of this status. And then those that qualify, once they are making profits again, pay some sort of premium rate for a form of "insurance" protection from failing. I to wuldn't cover things like $700 billion bailouts, but it could make it a bit fair that our government is doing this and also contribute to decreasing the ridiculously high debt.

DACrowe is offline  
Old 09-21-2008, 10:18 PM   #92
souloffire
Side-Kick
 
Join Date: Aug 2003
Posts: 1,423
Default Re: The Economy - What the #@&$?!?

I think cutting Government spending and lowering taxes on everyone( lower, middle, upper class and corporations) is the starting point on fixing the economy.

souloffire is offline  
Old 09-21-2008, 10:26 PM   #93
Venom'sDad
Beware..Vultures nDa Hype
 
Venom'sDad's Avatar
 
Join Date: Sep 2005
Posts: 8,342
Default Re: The Economy - What the #@&$?!?

Quote:
Originally Posted by souloffire View Post
I think cutting Government spending and lowering taxes on everyone( lower, middle, upper class and corporations) is the starting point on fixing the economy.
...... but it won't happen

__________________
___________________________________
My JL Trailer * The Unholy Trinity of Venom * The Sinister 6 * Marvel's FNSM
Venom'sDad is offline  
Old 09-21-2008, 10:31 PM   #94
souloffire
Side-Kick
 
Join Date: Aug 2003
Posts: 1,423
Default Re: The Economy - What the #@&$?!?

Quote:
Originally Posted by Venom'sDad View Post
...... but it won't happen
Sigh, I know.

souloffire is offline  
Old 09-21-2008, 11:52 PM   #95
fifthfiend
M4J3ST1C L3G1SL4C3R4TOR
 
fifthfiend's Avatar
 
Join Date: Mar 2002
Location: Oaktown
Posts: 9,028
Default Re: The Economy - What the #@&$?!?

If by "won't happen" you mean "happened in 2001 and 2003, failed to fix anything and made a whole lot of things much worse," then you are correct.

fifthfiend is offline  
Old 09-21-2008, 11:53 PM   #96
fifthfiend
M4J3ST1C L3G1SL4C3R4TOR
 
fifthfiend's Avatar
 
Join Date: Mar 2002
Location: Oaktown
Posts: 9,028
Default Re: The Economy - What the #@&$?!?

double post

fifthfiend is offline  
Old 09-22-2008, 03:28 AM   #97
SentinelMind
Banned User
 
Join Date: Dec 2004
Location: North FL
Posts: 4,078
Default Re: The Economy - What the #@&$?!?

Quote:
Originally Posted by fifthfiend View Post
If by "won't happen" you mean "happened in 2001 and 2003, failed to fix anything and made a whole lot of things much worse," then you are correct.
Well, back then Bush/Congress didn't cut spending.

SentinelMind is offline  
Old 09-22-2008, 07:56 AM   #98
lazur
Banned User
 
lazur's Avatar
 
Join Date: Apr 2004
Posts: 6,191
Default Re: The Economy - What the #@&$?!?

Quote:
Originally Posted by fifthfiend View Post
If by "won't happen" you mean "happened in 2001 and 2003, failed to fix anything and made a whole lot of things much worse," then you are correct.
It failed to fix anything because of government spending. The revenue of the government went UP 20% under Bush. The issue isn't that tax cuts don't work (though someone needs to tell Obama to wise up about this) - the issue is government spending.

Well, that combined with the corrupt privately owned Federal Reserve, which needs to go. Of course, you don't hear EITHER candidate talking about it, though.

lazur is offline  
Old 09-22-2008, 09:49 AM   #99
Fading
>:(
 
Fading's Avatar
 
Join Date: Jan 2006
Posts: 9,285
Default Re: The Economy - What the #@&$?!?

I think it's a combination of things.

1) Gas prices. It's increasing the transportation cost of foods and goods, and probably car manufacturers as well.

2) Cost of living. Food prices, gas prices, everythings rising. However minimum wage still isn't up to snuff. Some factories are cutting back on employees, or hours. Transportation costs mean certain foods cost more to ship, hurricanes and tsunami's have also caused dmg to certain crops (I believe a major rice producer was hit hard, and rice prices increased in return).

3) Overspending in Iraq. We were alrdy in heavy debt as a nation, now we're paying out the ass to rebuild Iraq.

4) Everyone freaking out to each tiny shift in wallstreet.

5) Dollars not worth quite what it used to be.

There are numerous reasons. I'm not going to pretend to know them all. I'd say it's a combination of an unhappy, worried consumer base not having enough money to buy things therefore not giving money back to an in debt government.

__________________
Once you eliminate the impossible, whatever remains, no matter how improbable, must be the truth.
Fading is offline  
Old 09-22-2008, 10:33 AM   #100
lazur
Banned User
 
lazur's Avatar
 
Join Date: Apr 2004
Posts: 6,191
Default Re: The Economy - What the #@&$?!?

Quote:
Originally Posted by FadingCB View Post
I think it's a combination of things.

1) Gas prices. It's increasing the transportation cost of foods and goods, and probably car manufacturers as well.

2) Cost of living. Food prices, gas prices, everythings rising. However minimum wage still isn't up to snuff. Some factories are cutting back on employees, or hours. Transportation costs mean certain foods cost more to ship, hurricanes and tsunami's have also caused dmg to certain crops (I believe a major rice producer was hit hard, and rice prices increased in return).
Gas prices and cost of living are a symptom - not a cause.

Quote:
Originally Posted by FadingCB View Post
3) Overspending in Iraq. We were alrdy in heavy debt as a nation, now we're paying out the ass to rebuild Iraq.
Compared to what we pay for foreign oil, the cost of Iraq is negligible. Granted, it's additional cost, but it's nothing compared to our government's 'normal' cost of operations.

Quote:
Originally Posted by FadingCB View Post
4) Everyone freaking out to each tiny shift in wallstreet.

5) Dollars not worth quite what it used to be.
Wall Street and the value of a dollar are also symptoms.

Quote:
Originally Posted by FadingCB View Post
There are numerous reasons. I'm not going to pretend to know them all. I'd say it's a combination of an unhappy, worried consumer base not having enough money to buy things therefore not giving money back to an in debt government.
It's actually quite simple:

The Federal Reserve is owned by private bankers, most of whom do not even live in our country. Our government borrows every dime it has from the Federal Reserve. However, since the dollar is not on the gold standard, the Fed prints more money anytime the need arises, and this obviously has created and continues to create massive inflation as well as a saturation of the American dollar in the global economy. Since more of something always diminishes its value, that's exactly what's happening to the dollar.

As we discuss this, the most massive transfer of wealth in the history of the world is taking place. One day, you will wake up and find that the stock market has crashed by probably more than 70%. When that happens, you better hope you have enough food, water and other supplies in your house to go for a few months before the machinery of agriculture in this country kicks back in. Until that time, it'll be chaos and panic, especially when inflation increases to 20,000%.

It will be like nothing we have ever experienced, and it will happen soon. Most analysts think it'll be before the holidays, but after the November election.

lazur is offline  
Closed Thread

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 09:18 AM.

monitoring_string = "dee460792f24517621e3ca080805de7e"



Powered by vBulletin®
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
SuperHeroHype.com is a property of CraveOnline Media, LLC, an Evolve Media, LLC company. ©2017 All Rights Reserved.