Religion and Politics

*Federal Reserve* Trinity.. Its privately ran by the richest bankers around the world.. They have bled the US of its wealth, and id bet money they will move the Federal Reserve to China soon!!!!! If they do? They will obviously want China to prosper so they can bleed their wealth the same way.

I believe Jim Rogers is one of them.. He already moved to China and he's been selling all his US money.. He speaks out against Bernanke and the Fed, but I think thats just part of their current strategy. To make Americans outraged at the Fed so they can move it to China. Biggest Crooks in the world imo

Originally posted by HanFei Originally posted by uc SYZYGY uc *Federal Reserve* Trinity.. Its privately ran by the richest bankers around the world.. They have bled the US of its wealth, and id bet money they will move the Federal Reserve to China soon!!!!! If they do? They will obviously want China to prosper so they can bleed their wealth the same way. I believe Jim Rogers is one of them.. He already moved to China and he's been selling all his US money.. He speaks out against Bernanke and the Fed, but I think thats just part of their current strategy. To make Americans outraged at the Fed so they can move it to China. Biggest Crooks in the world imo How or why would our central bank move to China? How does the Fed "bleed this wealth?" Why would they want "China's wealth" when our economy is roughly 3 times their size?

Not the central bank lol dude that made me laugh so hard :) I'll let you research what the Federal Reserve is and what all they do Han Fei.
They have been bleeding our wealth for decades! Our debt is more like 16 trillion atm. The dollar is about to become virtually worthless.
China has the third largest land mass in the world.. Their population is over a billion and a half.. Their growth will be enormous and it will last for a very long time. Thats over a billion consumers needing food, housing, vehicles, entertainment, and every other consumer product.
There just isn't anymore money left in the US for them to bleed. Thats why they will relocate soon imo China is the obvious choice to relocate to. I would bet the farm that the reserve is moved to China soon.

Low wages in China is a big plus for the Country overall.. As wages grow so will their economy.. While wages are low building and improving their infrastructure will be very affordable.. business will thrive due to low wages.. Low wages is the reason their growth will last for so long.. It will take a long time for their wages to reach ours, if they ever do? Which means they will continue a steady growth and not max out as quick as we did. Its the worth of the currency thats important Tuna. Our dollar is worth 4 cents compared to its worth in 1920.

Originally posted by HanFei Originally posted by uc SYZYGY uc Low wages in China is a big plus for the Country overall.. As wages grow so will their economy.. While wages are low building and improving their infrastructure will be very affordable.. business will thrive due to low wages.. Low wages is the reason their growth will last for so long.. It will take a long time for their wages to reach ours, if they ever do? Which means they will continue a steady growth and not max out as quick as we did. Its the worth of the currency thats important Tuna. Our dollar is worth 4 cents compared to its worth in 1920. Let us remember that real growth equals growth minus inflation. Real growth is all that matters not inflation. ~1000 Korean Won = 1 USD. This past year they saw ~11 percent growth on par with India and China.

Inflation always matters! Inflation and debt can destroy a country in a very short period of time! devaluing currency is a form of inflation.. weather they print more money or add imaginary money digitally it devalues the dollar just the same.

Watch and see if they don't try to get the reserve transferred to China's central bank in the near future.

Tim Pawlenty for President.

This country is on borrowed money therefore its on borrowed time!

Not every country. And even if, would that make it any better ?

Hmmm! Norway do borrow money... But that is a political agenda. Not because we need to!

2 questions

1 How much do we really owe China? 2 What is the interest on that debt?

No country has ever been 14 to 16 trillion dollars in debt! Its new territory. Thats a huge amount of money.

The democrats still want to keep raising the debt ceiling? We're so fk'd :)

Originally posted by uc SYZYGY uc 2 questions 1 How much do we really owe China? 2 What is the interest on that debt? No country has ever been 14 to 16 trillion dollars in debt! Its new territory. Thats a huge amount of money. The democrats still want to keep raising the debt ceiling? We're so fk'd :)

Both parties deficit finance. The Tax cuts in 01, at a time of brief budget surplus are still lingering throughout these years of deficits. Unfortunately, any attempt to let these taxes expire and return Taxes to their previous level is seen as a tax increase by the public, which has a short memory.

Let us also frame Debt as a % of GDP for a more accurate representation of our debt:earnings. Currently we take in 57 cents for every dollar spent.

Originally posted by uc SYZYGY uc 12/2008? old chart? Do you know who the Intergovernment is? China is our biggest foreign lender by far. Returning the tax rate to pre bush tax cuts would be raising taxes! Your view would be like me saying Bush didn't cut taxes he just returned them to an earlier rate. Bush cut/lowered taxes. When taxes go up its raising taxes.. When taxes go down its cutting/lowering taxes. Obama is a radically far left puppet! Our government is way too big! Our economy is screwed up! Our currency is becoming worthless! Inflation is about to hit hard! We are in 3 wars that we can't afford! Banks aren't loaning money! Health care costs are very high! Energy prices are climbing! I could go on, but i'm sure you get the picture. :)

Here is a projection for 2011 with practically identical percentages. Again, Japan's share is quite comparable to that of China's. China is not the lead holder by far.


Cutting taxes at the time of a small budget surplus caused a budget deficit. Because of deficit funding, a tax cut at the time of a budget deficit is a deferment of taxes. To truely reduce taxes, we must reduce spending and taxes at the same time, to not do so is to play accounting games and rhetoric.

Let us remember which party started these wars. Our economy grew last quarter. Constant, mild inflation discourages hoarding, unlike no inflation or deflation. South Korea uses 1,000 Won notes; yet their % GDP grow was larger than ours. This is all that matters. Energy is still widely avaliable, even as we consume ~25% of the worlds energy....

Originally posted by uc SYZYGY uc Bush was almost as bad as Obama when it comes to spending.Thats not accurate.. Cutting taxes is a tax cut! The budget is the total that will be spent each year! A surplus or deficit is the result of spending! There's plenty of tax money! There's just too much spending! How many democrats also voted for the wars? Our economy grew last quarter? < Thats BULLSH1T!!! :) Mild inflation discourages hoarding? sounds like something the left would believe. lol

After the 09 depression, we've experienced positive growth, despite the rhetoric of pundants and candidates.
http://www.bea.gov/national/xls/gdplev.xls

Deflation encourages hoarding because hoarding cash will increase value in time. With slight inflation, there is incentive to convert cash into assists with growth instead of loss. Kahn Accademy for lectures. http://www.khanacademy.org/