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alstry (35.34)

IS ALSTRY PAUL VOLKER??????

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December 12, 2009 – Comments (5)

Dec. 11 (Bloomberg) -- Former Federal Reserve Chairman Paul Volcker said imbalances in the structure of the U.S. economy pose a bigger challenge than the financial crisis and will impede economic growth for some time.

“We have another economic problem which is mixed up in this of too much consumption, too much spending relative to our capacity to invest and to export,” Volcker, an adviser to President Barack Obama, said today in Berlin. “It’s involved with the financial crisis but in a way it’s more difficult than the financial crisis because it reflects the basic structure of the economy.”

A BIGGER CHALLENGE THAN THE FINANCIAL CRISIS.........

NO TRUER WORDS HAVE EVER BEEN UTTERED.

We simply can't be a nation that borrows trillions of dollars to consume when we produce very little to generate initial dollars. It became especially evident over the past few years.  At some point in time, the ability to borrow comes to an end. Today, most of the jobs in America are directly or indirectly dependent on borrow and spend vs. produce and earn.

Once America gets cut off from borrowing most of our jobs will be unncecessary, and government will no longer have the funds to function under our CURRENT STRUCTURE.........at that point, the population will get restless.  And not just our population, populations around the world are being impacted as we are one interdependent system

As more and more are unemployed and become hungry tensions will rise......when anger reaches a critical level........unforeseeable event can result which is a natural consequence of Zombulation.

When you don't stop the  Zombulator....the Zombulator will stop you.

GETTING MUCH CLOSER TO 1.01.10.....................

U.S. Freezes $2 Billion in Iran Case

New Incidents Test Immunity to Terrorism on U.S. Soil

Houston Sales Tax Allocation Down 16.9%

WHEN YOU GIVE BANKERS UNLIMITED MONEY FOR FREE AND CUT OFF THE PRIVATE ECONOMY......THE ECONOMY EVENTUALLY EVAPORATES......AT THAT POINT THERE IS ONLY ONE THING LEFT TO DO......

5 Comments – Post Your Own

#1) On December 12, 2009 at 11:43 AM, alstry (35.34) wrote:

You can't hide from the Depression any longer.....our nation is in pain and most of you only think about your own well being.....we are being Zombulated and many of you can only Alstrybate....a very sad reflection on a nation that once proclaimed...GIVE ME LIBERTY OR GIVE ME DEATH!!!!!!

Unemployment for Young Veterans Surpasses 20%

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#2) On December 12, 2009 at 11:51 AM, fmahnke (91.50) wrote:

I don' t think so, but you should know,

You had me worried yesterday, with your Tahoe headline, but a closer read revealed the name and that place was the only dive in a city full of nice casinos.

I do think the stock market will reward your next prediction with a pretty big drop (this from my technical analysis) in January.

Have a happy holiday season

 

 

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#3) On December 12, 2009 at 12:49 PM, RonChapmanJr (93.14) wrote:

Are you really a cafeteria manager?

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#4) On December 12, 2009 at 1:16 PM, Rasbold (92.56) wrote:

Tahoe, a city full of nice casinos?!

 

Dude, have you ever been there? Those casinos suck...hard. Even the parking is crappy. The only thing good in Tahoe is the SKIING!!

I hope the big casinos (and there are only 4) go bankrupt and get replaced by something worthy.....like trees.

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#5) On December 12, 2009 at 2:19 PM, alstry (35.34) wrote:

Actually, revenues to Tahoe casinos are down the most in the state.

My guess is property values in Tahoe will drop 30-50% in the next 12 months...with my bias closer to 50%.

At this point, most people in Tahoe are simply living off extend and pretend........which is soon to end.

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