patrick.net

If you ask me, the whole thing was intentional.

I won't be surprised either. It stops inflation. Who benefits from deflation?

OO says :
"A smart President deploy other country’s resources to fight for Americans, not to deploy American resources to fight for other country"

What if your country is in control of people who are from the other country.
Most of the important institutions in US like fed bank, news media, banking and white house is filled with people who are more than sympathetic to the other country.

Its not as simple as we think so.

Savers benefit from deflation, particularly the middle class or middle upper class savers who have relative job security.

Rich people don't care, they know investment well enough to hedge it both ways. But deflation is actually good for middle class savers with strong skill sets. That's why Japan has not fallen apart after more than a decade of deflation. Not going to happen here.

But deflation is actually good for middle class savers with strong skill sets.

If their banks are still around, that is. Moreover, they need a way to physically protect themselves.

In a deflation scenario, those in debt suffer the worst.

But in this Brave New World, those in debt are rewarded at the expense of the taxpayers.

In this upside-down society, those who have been the most responsible may end up hurting the most.

There is no way to explain the kind of support we are giving to israel.
There is no justification for the extent of support. Most of the hostility that the middel east terrorists have for us is because of our support to israel.I don't buy the crappy media spin that they hate us because of our belief in free markets, liberty..etc.
just cut the crap and admit that we have spent enough blood and money for somebody else cause. Lets fix our house first before helping out somebody else.

I'm quite surprised to see that the McCain 300B homeowner bailout proposal was brought up and just as quickly dropped on this site. I have to say if this was Obama's proposal there be literally dozens of posts regarding this.

I must say the omission of this being a big topic on the site today smacks to me of the height of hypocrisy with many of the fiscally conservative posters on this site.

I have already stated that McCain is a liberal. Both presidential candidates are clowns.

I miss Ron Paul. :(

TOB : "if there were no market for mid-east oil, Israel wouldn’t have any regional problems"

can you please eloborate. I always though that israel's problem was all about land occupation and not oil. I also though that there is not even a single drop of oil in israel or surrounding areas. am i missing something ?

regarding the McCain plan...

weren't there provisions for doing this exact thing in the $700 billion dollar bailout?

Can someone educate me on the difference?

TOB, are you related in someway to israel - religion wise or ancestry ?
just curious.

Dems are right in calling McCain erratic, first he states that he'd put a spending freeze on everything but defense, vet benefits and something else, then he turns around and proposes another 300B gov't bailout. anyone who votes for this old fucck is either a redneck, has some issue with obama's race, or is simply soft in the head.

TOB: I will take your silence as a yes.
BTW, I should have added "alledged" occupation.
I am not informed enough to make any conclusions on the issue.
I have many friends from israel so i don't have any animousity towards them.I am just questioning the extent of our support and how far are we willing to go. Is the willingness only in washington or is it also in the public?

TOB says : im not going to get into my background on a board like this.

you could have just said no. Ok , I'll assume you are a jew.
If you are right in your analysis, the electric car will solve the israel issue.
ateast there is light at the end of the tunnel now.

why don't you just say that you are not related. case closed

anyway, i don't want to put more pressure. its clear enough.

take it easy, dude. nobody is going to do anything to you , if you admit it.

jeez ! :-)

:-) OK just stop it now...you are embarassing yourself and your religion.
lets talk something else.

Who gives a shit what anybody is as long as they are decent people.

:-) ....man you are sounding childish now ..dude stop it please.

I agree with TOB,
Jews and thier descendants have thier allegiance to israel rather than US.

EBGuy,

nothing of utmost urgency yet, but I think it wouldn't be harmful to swap part of the GLD/IAU positions into physical stuff, or positions outside of the country. Right now physical is only tight within certain parts of the US, in fact physical demand is much higher outside of the US because of the strength of USD, the sheeple here feel less of a need to rush for the glittery stuff. So I have read about reports of ample physical supply in the midwest.

Gold confiscation is a substantial risk that we need to face when situation further deteriorates. Of course it cannot be enforced as easily as last time around because people are far more educated and informed this time. GLD and IAU are very easy-to-manipulate, and easy-to-confiscate targets.

It all boils down to oil. That's why I do hope peak oil sets in faster to push people over the edge so that we can get off our ass on the replacement energy.

Only people living in the Middle East have the right to determine what they want and how they fight for it. But since they have something that the whole world covets, then all these powers have to get involved to secure their stake at oil, not only America, but Europe, China, almost anyone who has an insatiable demand for oil.

So if that region's oil becomes worthless, it will be a blessing for the people living there. They can really sit down with each other with no foreign intervention at all, to figure out whether blowing each other up is a lifestyle they want.

The Jews I know couldn't give a hoot about Isreal. They'll say so while munchin' on a BLT.

I used to have a lot of respect for McCain, and I think all career politicians should be required to go into service for at least 5 years or even 10 years before launching their political career. It is a demonstration of their commitment to the country.

It is very sad to see McCain running in a very much reduced state of physical and mental fitness. His breathing was a bit odd during the debate, if anyone noticed.

Richmond, They are just being politically correct by saying so.
ultimately, Israel is thier motherland where they have "natural rights"
I don't believe in the spin that they don't have allegiance to it. If US sinks ,they will jump the ship and go to israel. I know some jewish friends who admit that the last resort of every jew is israel. I don't have any problem with that though.
You can always have allegiance to other country but still be a good citizen. who cares where you came from.

There are two kinds of Jews, and they are very very different.

I have worked with quite a few American Jews, most of them are very Americanized, and don't really care about what is happening over in Israel.

But, there is a small faction of very, extremely militant Jew who are either from Isreal (and by default serviced in the army), or just because their parents are militant Jews. They place the interest of Israel far above everything else (although they are dual Israeli and American citizens), and some of them have ascended to rather high places in America, but I won't name names.

Jews as a race is very successful, they have made far more than proportional share of contribution to our modern civilization. And most Jews are also very successful in whatever they do, that in itself creates envy and jealousy. As a result, it is easy for the public to apply what they see from the militant Jews to the rest more secular Jews and connect the dots in a very unfavorable way to the race as a whole.

you're a student of Jews?

How drab.

TOB says : Just to give you another hint: I am a student of these subjects

You don't have to give more hints ..we all know that you are a jew . LOL :-)

TOB,

militant Jews tend to concentrate in two industries: Wall Street, technology.

All the problems in developed countries were and are finance related. Great depression, hyper inflation, housing bubble , credit bubble...etc
Finance is dominated by jews. Am i free to connect the dots now ?

TOB : well if I am, I must be a secular one, because tonight is the most important holiday of the year for Jews.

who gives a fuck ?
We have other things to worry about like the financial crisis.

So, do you have a Christmas tree or a Hanukkah bush? :)

TOB : Please stop defending israel and your religion. I am speaking for USA here.
Thanks !
If i am showing my true colors so are you.

You know, that is really reaching, but I had the same thought.

BTW, I am not making any conclusions here just stating facts.
if anybody has any problem with the below two facts , you are free to explain.Be logical and don't go in to the racism, stereotyping...etc crap.

fact 1: All the problems in developed countries were and are finance related. Great depression, hyper inflation, housing bubble , credit bubble…etc
fact 2 :Finance is dominated by jews.

Solution : Jews should reduce thier exposure to finance so that they are not wrongfully linked to all the mess.

TOB,

Yes, I have. That is what brought it to mind.

I still don't understand then why the fuck they didn't stay away from the financial bussiness crap ? If i were them i will stay away from the crappy field. believe me.There is lot of anger in US against the financial sector.
Jews have contributed more than enough in technology to prove that they can do much better than finance.

snmr,

You do what is comfortable. The majority of people do what is familiar to them. For some, it is finance. For me, it was industry. For my cousins, it was law. We followed our fathers. Man, I want to slap my dad.

TOB,

What is with you guys? You can spew hatred about anyone but you have to suppress any discussion about you with anti-semitism and the german thing.

TOB,

yes, there is definitely a rise in anti-Semitic sentiment, and it is unfair to most secular Jews who have nothing to do with the Wall Street mess.

The militant Jews on the Wall Street have essentially hijacked their own race.