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alstry (34.92)

Americans are being injected with Anger.....stay cool.

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August 23, 2009 – Comments (10)

Americans are being assaulted from every direction. 

Health Care "reform"

Job Losses

Wage Cuts

Prisoner releases with police cuts

Health Insurance Premium Increases

Property Tax increases even though values falling

Furloughs

Social Security Cuts

Pension Assets Evaporating

Businesses shutting down

Bankruptcies rising parabolically

Income taxes increasing

Bankers tightening credit and increasing interest rates

Government services being taken away

ALL THE WHILE BANK ECONOMISTS AND BENNY THE B ARE TELLING YOU THINGS ARE GETTING BETTER....TIME AND TIME AGAIN.

Ask yourself why?

Things can't be growing if everyone cutting.  It is not very hard to understand....yet so few want to think.

As you give less, government and bankers need more......pretty soon they will take all you have as they tell you things are getting better.

 

10 Comments – Post Your Own

#1) On August 23, 2009 at 10:47 AM, alstry (34.92) wrote:

With sales to our most important companies collapsing, and tax receipts to government evaporating......and banks tightening credit and raising interest rates  on the private sector......

IT IS IMPOSSIBLE FOR THE ECONOMY TO IMPROVE.

Yet we are being told by the economists hired by bankers and Benny the B that things are getting better.

As the frustration level rises, so does the danger of unrest.

The only thing holding America together right now is government spending money it doesn't have.....what happens to our nation once the bankers stop supporting our spending and demand payment?

Prepare.....it will be an environment few ever believed could happen in America.  The longer we wait to restructure, the worse it will be.

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#2) On August 23, 2009 at 11:01 AM, alstry (34.92) wrote:

Once you realize the stability of our entire nation is predicated on the soundness of debt, you will realize that the Fed is recklessly destroying our ecnonomy.

Debt makes up the assets of our pension funds, banks, insurance companies, and mutual funds.  If debt is not performing, assets are evaporating in value.  Without performing debt, there is no equity.

Right now, the equity of practically everything every American owns is being destroyed by defaulting debt.

Instead of bailing out the banks, had the Fed bailed out the debt, there would have been no need to bail out the banks as the debt would not have been toxic.

Instead, the Fed bailed out the banks and left the debt to suffocate the economy.  Now our nation is shutting down because we simply can't service the debt that the bankers recklessly infected our nation with due to credit default swaps.

THE BANKS ARE ACTUALLY PROFITING FROM THE DESTRUCTION OF THE AMERICAN ECONOMY.  JUST LOOK AT THE RECENT BONUSES.

Soon things will get a lot worse, Benny the B will tell you he couldn't foresee it coming, a new crisis will develop, and this one will be a lot worse than the last one.

How long will the reckless destruction of our economy continue...that is anyone's guess?  But if it gets bad enough, the Fed will have accomplished in reality what Osama Bin Laden only dreamed about.

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#3) On August 23, 2009 at 11:34 AM, AdirondackFund (< 20) wrote:

Good point about the FED and Bin Laden.  With friends like the FED, who needs to worry about our enemies?

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#4) On August 23, 2009 at 11:35 AM, NoMoeMoney (< 20) wrote:

Once they reset all debt to zero, the economy will be fine... But I think you need a really big war for that (with lots of dead people)? 

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#5) On August 23, 2009 at 11:58 AM, alstry (34.92) wrote:

If you think the bankers are going to reset the debt to zero when they have a chance to own you , your family, and everything you own....

you have no clue behind the behavior of Benny Bin Laden and his banker buddies.

Why do you think all the money is going to a few Wall Street banks and not to restructuring debt?

It should  not be much longer now...9.09.

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#6) On August 23, 2009 at 12:16 PM, alstry (34.92) wrote:

It appears more and more are turning up the heat:

http://revolutionarypolitics.com/?p=2298

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#7) On August 23, 2009 at 3:24 PM, bullnada (< 20) wrote:

al,

Remember this post.  Yes my score sucks. So dont listen.

Words not from myself but a very wise person.

 

Our next war will be  u.s. backing isreal with iran.

Within 24 months america wil change like no one could imagine.

 

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#8) On August 23, 2009 at 4:14 PM, Varchild2008 (85.21) wrote:

And yet McDonalds is opening up new Restaurants in Michigan.  So much for Contraction.....Alstrynomics....for McDonalds restaurants.

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#9) On August 23, 2009 at 4:15 PM, Varchild2008 (85.21) wrote:

"Within 24 months america wil change like no one could imagine."

What's that? Pushing the Goal posts from September out to 2 years from now already? *Sheesh*

And imagine....what a *SHOCK* that would be to see President Barack Obama actually siding WITH  Israel rather than AGAINST Israel.

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#10) On August 23, 2009 at 5:23 PM, aqua2 (< 20) wrote:

Hmmmmmm,

What does McDonald's sell... the cheapest restaurant food and I use that term loosely in the USA.  Oh man, so many seem to miss the big picture. Restaurant sales are down nationwide so if McD's is expanding, there must be a lot more contraction among others in the industry. Would see encouragement if mid priced and higher end chains were doing well, but they are not.  I have a few friends in the business, Chinese and Thai food places, they are loath to admit it but they all say sales are way down.  Carryout seems to have increased in relation to sit down customer %, think to avoid leaving a tip, a quick way to save 20%.  And these places had the customer base which has decided to take the family to McD's instead their place.  Net effect, you have less people eating out and also spending less money at cheaper places.  So for now places like McD's will somewhat thrive until the people can not even afford that.  Feel McD's expansion backs up Alstry's view more than it is against it.  JMHO

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