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alstry (< 20)




March 16, 2010 – Comments (6)



Hundreds of powerful US “bunker-buster” bombs are being shipped from California to the British island of Diego Garcia in the Indian Ocean in preparation for a possible attack on Iran.

The Sunday Herald can reveal that the US government signed a contract in January to transport 10 ammunition containers to the island. According to a cargo manifest from the US navy, this included 387 “Blu” bombs used for blasting hardened or underground structures.


6 Comments – Post Your Own

#1) On March 16, 2010 at 2:58 AM, alstry (< 20) wrote:

Is The US Preparing For "The Total Destruction Of Iran?"

Is war just around the corner? While in theory it would make perfect sense to distract Americans from the long road to US insolvency, and other more pressing issues such as the endless criminality all around us, in practice we have so far heard merely rumors......

 Is the relatively long period of market stability and low volatility about to come to a sudden end?


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#2) On March 16, 2010 at 6:14 AM, cashkid79 (93.81) wrote:

Ok, just have to mention that what if...say, an entrepreneurial-minded intelligent well-educated young man saw a great opportunity to buy a home and w/ a guaranteed re-sell for a definite profit. He goes and is president of a branch of an Atlanta-based business that is just starting up in this same branch city.  Because of the situation, A bank in California is very comfortable giving a loan pre-approval for the full amount of the home price (downpayment too) as a no doc loan also for simplicity sake and time sake (6 month expected turnaround).  Did this person do something wrong by: 1) taking OR 2) not-taking the loan and purchasing the home which was indeed worth $50K more in less than a year?  Fool - no fool | honest - deceitful (assuming that the financial capacity to repay loan at loss of value is sound)...OR contributing to society in a capitalistic manner by using (...or not using) the $50K to put into business development (Katrina was expensive) to boost the local economy and create more jobs. 

Since this is fiction anyway...the character here did NOT make the move...on the advice of others, against his own intuition nonetheless.

But - this is a bit different than the OTHER guy (in California) who had no real idea if said character was a complete fool/chimp/whatever you like or a responsible, educated, qualified person there with the no doc 24hr approved slip to hand over for title.

Any thoughts---


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#3) On March 16, 2010 at 6:24 AM, cashkid79 (93.81) wrote:

I mean, if the same owner stayed in the home, the price still goes up, but the profit if they were to sell then isn't as likely or is definitely NOT more likely to be going toward business/economic stimulation, and likely just sits in the home for another generation (the hypothetical appreciation in value i mean)...which also, is not contributing to stimulating the economy as much (or as quickly)...and not through secondary spending through a second mortgage either for those of you thinking of one I may have missed...

Any thoughts---



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#4) On March 16, 2010 at 6:34 AM, cashkid79 (93.81) wrote:

For the record: The housing market bust was a result directly rooted from financial greed, IMO. Sometimes there is no more money to be distributed, unless it is printed of course...people cut corners, it happens...can't cut corners, invest in yourself, contribute, work together, focus on developing yourself and family in ways that are aligned with the ideal image of America as you (we) all want it to be.



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#5) On March 16, 2010 at 7:36 AM, SPARTANBURG (< 20) wrote:

I love what William Black described the debacle of our economy and consequently the world economy as a moral and financial crisis instead of solely a financial crisis.  Only the truth will set us free.  It is absolutely immoral and idiotic to let legislators, bankers and consultants decide what the public can hear.  George Orwell's worse fears and defining descriptions came to our society much faster than he, even, believed.

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#6) On March 16, 2010 at 1:42 PM, cashkid79 (93.81) wrote:

Well, SPARTANBURG, I'm not an active legislator, banker, or consultant, presently...simply a student at a state university in a state that is part of our country and governed by a federal board that oversees education for future generations...

Simply put, I have NO financial incentive to feel or persuade anyone one way or the other.  My comments are my own personal idealogy and meant to maybe help someone gain insight through my (relatively young) eyes... (read my other blogs if you want to get an idea of the part of society you think I most closely resemble)

Of course, there are monetary & fiscal policies that are being adjusted for global effects etc. and to 'ease' back in some of the money supply, but morally & financially, I am moving very quickly toward doing as much as I can to help our nation continue to flourish and avoid or discourage {insert personal choice word} individuals from contributing to what I would consider to be a society resembling a fear of mine (everyone essentially withdrawing from society from fear) much more so than one where our nation comes together and does what can be done (at every level) to keep heads up, move forward, and not take for granted all of the freedoms and liberties we as Americans enjoy.  You are an American, correct?

Also, for the record, since this is a fictional example and an online pseudonym, to let you all know - I was raised well and integrity was a very fine focal point in that upbringing as a character trait to constantly develop and encourage in those around me, so use your own discretion as to how far you want to draw conclusions between productivity and cutting corners - but I will tell you that I would NOT ever use an 'edge' so to speak to cut corners in a way that was not ethical (under almost every ethical philosophy ever written/taught in history and business), MUCH LESS violated my own inner moral and spiritual code - for personal deceitful financial gain, please...I have been eating burgers 5 days a week for the last year...

The thing is, and again, draw your own conclusions, but capitalism and free market theory are, at the very core, supported by the enforcement of property rights. The reason - competition, and how else do you expect innovators to be able to innovate in an environment conducive to such activity, not to mention, do you not value your own personal rights?? It (competition) is healthy when practiced in an ethical manner, however, business and government operations running day to day ethically, as is the norm here, does not make news like Madoff scandals do...this distorts the perception of the masses in my opinion...could America head in the wrong direction, sure - if we the people actually work for it to be that way - any country anytime can (and sometimes have, IMO>)...but I didn't hear any solutions on your end...and last I checked, America was still at the epicenter of this world...and in my opinion, it has something to do with the model that it was founded upon...a model that is a definite winner in my book. 

Is the economy adjusting to some poor moral decisions AS WELL AS decisions that were mistakes with possibly nothing to do with morality, yes (IMO)...but we learn from mistakes and are stronger for least that is what I was taught growing up...

Have a nice day!  I don't mean to sound harsh, just like to provoke thought (if not a little debate at least:>)


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