decoy409
Junior Associate
Joined: Dec 27, 2010 11:17:19 GMT -5
Posts: 7,582
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Post by decoy409 on Feb 4, 2011 13:44:04 GMT -5
Nothing like bailouts!
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usaone
Senior Member
Joined: Dec 21, 2010 9:10:23 GMT -5
Posts: 3,429
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Post by usaone on Feb 4, 2011 13:58:44 GMT -5
transferring debt from our banks to the fed does nothing to fix the problem. all it is doing is transferring private losses to public losses. you can say the the public can hold onto these debts until they are no longer debts, but it costs money to hold debt. right now we pay 5 billion a day to hold the 14 trillion in debt we have now. This info has been talked about and beaten to death on these board the last few years. We all are well aware of this. We are growing our way out of debt. We did it before and we will do it again. |
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decoy409
Junior Associate
Joined: Dec 27, 2010 11:17:19 GMT -5
Posts: 7,582
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Post by decoy409 on Feb 4, 2011 14:03:01 GMT -5
Listen, I have some very good advice for you patriot. Go back to school.
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Post by maui1 on Feb 7, 2011 11:22:38 GMT -5
THOSE THAT ARE NOT DOING WELL OVER THIS TIME PERIOD.....LOOK IN THE MIRROR. If you are in stocks and funds and have not done well the reason is.....YOU AND YOUR FAILURE TO UNDERSTAND LONG TERM INVESTING!!!!!if you chose to look at only two years......
if you look at 3 years, you are still down 20%
again, we have not fixed any of the issues that took the market to 6000, so why do you think the market is sound at 12000?
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Post by maui1 on Feb 7, 2011 11:29:13 GMT -5
We are growing our way out of debt. We did it before and we will do it again.
i don't know how you can say that..........showing growth against a prior period of no growth, does nothing for me.........why do you think it should move the market 100% from 6000 to 12000?
stomping for prosperity is great if there is a foundation for this prosperity, but the euro, yen, dollar, are all teetering on insolvency, so the foundation is built on gov't footing that is a false illusion at best.
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Post by Guest on Feb 7, 2011 11:39:54 GMT -5
maui1, Decoy409 here. They have me locked out from posting after I log in (again). Fine points indeed. But there is 'everything riding.' And once the tally rings the bell shortly the pump is going to be very hard to convince others of.  |
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decoy409
Junior Associate
Joined: Dec 27, 2010 11:17:19 GMT -5
Posts: 7,582
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Post by decoy409 on Feb 7, 2011 12:31:11 GMT -5
Well look at that. Once again as the old fiat note gets manhandled across the board as of the morning and depletes itself, the old Gold and Silver needed not do much at all.
Funny how there is so much, 'Are you ready for the new streak' but they fail to mention at what expense.
The new milker is working fine for now.
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