Friends, I have read the papers and determined this financial crisis is now over. No problems left the the Big O hasn't solved. I note the following: We have special moeny being given to the IMF in the amount of $250 Billion....that should be about enough to fix the world economies when we just spent $12 trillion through the FED and Government guaranty/bailout programs Our AIG investment had an initial cost of $80 billion. We have spent about $170 billion on fixing AIG so far and the American taxpaer will get a handsome return on their so called investment that was twice as expensive as anticipated when we made our first investment. Only in government can you be off by more than 2x and still call it a successful investment. Federal employees got the highest bonus in government history. I can only assume we had so much cash left over from our investments and left over taxpayer money laying around that they wanted to spend it rather than refund it....all in the name of stimulating the economy. Medvedv is calling our President his "Comrade". World peace wrapped up in one g20 meeting. This boy from the "hood" knows his shit! We will have a national service to help indoctrinate our children, just like Mao, Lenin, Stalin, Hitler, and Moussilini. Would we really ask for more from our leaders in Washington? No. We need a grand and glorious leader and we should make him our permanent leader, just like Chavez.
Jobless rate bolts to 8.5 percent, 663K jobs lost Jobless rate jumps to 8.5 percent, highest since late 1983; payrolls drop 663,000 Now that is a big damn improvement. Looks like another 663,000 homes will be going into foreclosure this year.
House approves $3.6 trillion budget blueprint Apr 2 06:34 PM US/Eastern By DAVID ESPO and ANDREW TAYLOR Associated Press Writers Well, Well, Well....looks like a meager $1.2 trillion dollar deficit, not including omnibus spending, the next couple bailouts and the few trillion here and there that the FED is printing. I love this stuff. We will finally have peace in our lifetime. I am still waiting for Obama to pay all my bills....soon, soon, we have Change...Yes We Can...Yes We Can... (can't you hear the chanting?) The tears are running down my face.
In case you are wondering, the are simply tears of joy. I love being bribed with my own money. I mean, if we don't spend it now, the government is simply going to tax it away when I die. **** that. Tax it away now and make me a lifelong dependent. Screw my children's future, its not like they have one anyway.
so is the end game coming? Gordon Brown is talking about New Wold Order and IMF is getting $1 trillion. But don't you worry, we can always print more money.
There is no amount of money we can't print. It only costs money and if a $100 dollar bill costs a $100 to print, we need to start printing $1,000 bills so that we get more for our printing money!
Hmph. I didn't get even a promise of an IOU. Some incentive to spend what I don't even hope to ever see, much less pay off.
If you were rich and politically connected you'd get be getting plenty of bailout money. Hey Clyde you're absolutely right, the big 0 has saved us all from the evils of capitalism; comfort, security and saving for the future.
[rofllmao] Very good post, Clyde! Today, all I could do is buy a couple of hundred (of today's) dollars worth of pre '65 silver junk quarters. Even though they are only 90% silver, they should still retain some value. At least it is a lot easier to use than trying to split up a Maple leaf or Liberty. Earlier this week, all I could do is read an e-mail from our great senator-traitor Spector about how he believed in the GIVE act. I guess sending him e-mails is not worth my time because I sent him a bunch when he could have voted NO on the bailout. BTW, those cupcakes look good.... I can't wait to vote his ass out.
I have decided to voluntarily turn my guns in before the confiscate them. Why fight it now that the economy is fixed by the Big O
