Wall Street Gambling, Price Manipulation, etc

Discussion in 'All Things Boats & Boating' started by brian eiland, Feb 17, 2013.

  1. ImaginaryNumber
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    ImaginaryNumber Imaginary Member

    THE ATLANTIC | Expand Social Security, Don't Cut It
     
  2. michael pierzga
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    michael pierzga Senior Member

    I dont compeltly understand the Social Security System. In my eyes Social Security is not a pension.

    Increasing the size and efficiency of the SS fund may be needed and may be a good idea
    . Eliminating Personal Responsibility, the personal pension ...would be a mistake.

    The Government can steal your money just as the Banksters do.

    Better to spread risk by working with both elected crooks and private crooks
     
  3. bntii
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    bntii Senior Member

  4. ImaginaryNumber
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    ImaginaryNumber Imaginary Member

    WIKIPEDIA | Pension
     
  5. Rebel01
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    Rebel01 Junior Member

    Yep! And, if you're a poor Veteran of several wars like me, you can barely afford to keep your boat alive and actually enjoy it. :(
     
  6. bntii
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    bntii Senior Member

    Pleasure boats are largely made from petroleum products, burn the stuff to get down the road and are largely used in the 'environment'.

    Adding that we can't afford to buy them, fix them & run them if the economy is too poor or if fuel prices go too high makes a good many seemingly "off topic" discussion pointedly relevant to boating.
     
  7. troy2000
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    troy2000 Senior Member

    Saying the Euro is in trouble because of a postwar 'socialist wave' that happened years before the Euro was even created strikes me a a rather meaningless and ideologically-driven statement. Nor has the European Central Bank responded to current financial problems by printing more money and creating bubbles.

    Another fact check: Germans don't work any longer, harder or better than other Europeans.
    And what support do you have for your claim that China is 'unwinding its position in the US'?

    In fact, it seems to me that your entire post is a series of ideologically-colored, fact-challenged statements....:)
     
  8. powerabout
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    powerabout Senior Member

    The central bank of the EU is not your fed although its trying to be
    Each country printed hence the massive asset inflation as banks gave money away during the gulf wars, what do you think blew up these EU economies' global warming??
    http://www.youtube.com/watch?v=5D0VhS8qXT0&hl=en-GB&gl=SG
    Some would say the EU was invented to keep the ponzi scheme running longer which it has
    worst than the FED it can print what it likes
    http://www.guardian.co.uk/business/2012/sep/06/mario-draghi-euro-countries-bonds
    http://www.economist.com/blogs/freeexchange/2012/09/ecbs-new-bond-purchase-programme
    http://www.spiegel.de/international/europe/analysis-of-ecb-announcement-to-buy-bonds-a-854481.html

    Germans must be smarter then, have the richest economy and work the least..
    http://www.youtube.com/watch?v=LKsZ1hqHBHU
    http://www.youtube.com/watch?v=dyNekAJ6rA8
    If you visited these places you would have the opposite opinion of that article

    there's plenty on China slowing up on treasuries
    http://www.forbes.com/sites/kenrapoza/2012/02/16/china-reduces-u-s-debt-holdings-again/
    China doesn't own t bills because they are a good investment they buy them as they are a very effective tool to control the US dollars value and the US interest rate.
    Clearly with the recent currency swap deals with their other major trading partners ( did that make the US press?) and their massive gold purchases they have a plan
    http://www.youtube.com/watch?v=TfHEz4plxtg

    A lot of the western world is about to finish with its free lunch
     
  9. troy2000
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    troy2000 Senior Member

    OK, I get seriously bored after a while, when people start gleefully predicting the financial end of the world. I'll be 64 years old in a month, and I've been listening to that doomsday crap my entire life. Why should I believe you've got it right this time, any more than I should have believed the guys who were sounding just like you thirty or forty years ago?

    Are there serious problems out there? Of course. There are always serious problems; that's the way of the world.

    That was true two or three thousand years ago, and it'll be true two or three thousand years from now -- when some of our descendents will still be gleefully predicting the imminent end of the World Order.....
     
  10. Leo Lazauskas
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    Leo Lazauskas Senior Member

  11. powerabout
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    powerabout Senior Member

    Troy
    its not the end of the world unless you think your county is the centre of the world
    What would you telling your children if they just finished uni and live in Greece/Cyprus/Ireland/Spain etc... ( what would you have said to them in 1929??)
    I saying there will be large shift in life/money/prosperity as you/me know it.
    From the 3rd world its all good from now on, the average punter doesnt know the Wests problems. All they know is western products are/will becoming more and more affordable.
    The McLaren dealer in Singapore said he can take deposits on the whole production run on the current car prior to its release, I think Singapore was only allocated 3
    Only other place that decadent is Washington that generates nothing but seems to have the cash
     
  12. michael pierzga
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    michael pierzga Senior Member


    Id be telling them that the Speculative Financial markets and Bankers need to be brought under control for the benefit of society
     
  13. michael pierzga
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    michael pierzga Senior Member


    Good program.

    A bit lopsided, but accurate. I particular like the speech by George Bush that rallied support for the destruction of Iraqi society
     
  14. Leo Lazauskas
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    Leo Lazauskas Senior Member

    It's always good to get multiple perspectives on complicated issues.

    I've always been amazed at the way at which lines were drawn on maps and
    whole countries were divided up in that region.
     

  15. troy2000
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    troy2000 Senior Member

    Yep. Look at the Kurds. How many countries did they wind up being part of?
     
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