Missing Madeleine
Come join us...there's more inside you cannot see as a guest!

US 13.4 TRILLION DEBT

Page 4 of 9 Previous  1, 2, 3, 4, 5, 6, 7, 8, 9  Next

View previous topic View next topic Go down

Re: US 13.4 TRILLION DEBT

Post  Panda on Sun 2 Oct - 11:08

AnnaEsse wrote:
Panda wrote:A protest movement calling itself "occupy Wall St" held a March yesterday in protest at the lack of jobs for young people and the bail-out of the Banks.

Several hundred marched from Wall Street but when they crossed the Brooklyn Bridge the Police intervened and arrested several protesters although there was no violence by them and THEY didn"t smash Windows, pour paint over Shop Fronts and Police, set fire to Police cars etc.

Another sign of the severity of the financial problems around the World and the lack of vision and leadership by Politicians.

I read on Sky News that the protesters were told by police to keep to the walkways on the Brooklyn Bridge, but that a few hundred walked into the traffic. The police then cut them off with nets and started handcuffing.

I think there will be more protest marches and the police will get heavier and heavier.

Morning AnnaEsse,

I watched the incident on Sky News and I didn"t see any nets, but there were literally hundreds of protesters . as I said, what struck me was the difference between the U.S. Protesters and U.K. Protestors who wore masks and did dreadful damage to Shops , threw paiint at Police, their cars,
overturned rubbish bins. these were vandals, not protesters. Just a flash news on sky, you are right, the protesters swarmed over the bridge and it had
to be closed down for hours .

Panda
Platinum Poster
Platinum Poster

Female
Number of posts : 30555
Age : 59
Location : Wales
Warning :
0 / 1000 / 100

Registration date : 2010-03-27

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  Panda on Sun 2 Oct - 12:36

just watched the News again and 700 people have been arrested. apparently the protesters had camped out for 2 weeks in Wall street, realised they were
not getting the publicity they needed and tried to cross the Bridge. One thing I noticed among the Marchers were the number of middle aged protesters
and their chant "the world is watching" while the Police were handcuffing protesters will give them Kudos, as will the attempt by a well dressed Congressman trying to get in on the act by agreeing with them told to go away.!!!! good on you I say.

Panda
Platinum Poster
Platinum Poster

Female
Number of posts : 30555
Age : 59
Location : Wales
Warning :
0 / 1000 / 100

Registration date : 2010-03-27

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  AnnaEsse on Sun 2 Oct - 16:25

Panda wrote:just watched the News again and 700 people have been arrested. apparently the protesters had camped out for 2 weeks in Wall street, realised they were
not getting the publicity they needed and tried to cross the Bridge. One thing I noticed among the Marchers were the number of middle aged protesters
and their chant "the world is watching" while the Police were handcuffing protesters will give them Kudos, as will the attempt by a well dressed Congressman trying to get in on the act by agreeing with them told to go away.!!!! good on you I say.

I'm wondering where they're going to put the 700 who have been arrested. FEMA camps? If the protests continue and hundreds more are arrested, it wouldn't surprise me if the FEMA camps come into play.

_________________________________________________________________________________________________
"You can run on for a long time, Run on for a long time, Run on for a long time, Sooner or later God'll cut you down." (Johnny Cash)

AnnaEsse
Administrator
Administrator

Female
Number of posts : 18464
Age : 105
Location : Casa Nostra
Warning :
0 / 1000 / 100

Registration date : 2009-09-23

http://frommybigdesk.blogspot.com/

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  Panda on Sun 2 Oct - 16:52

AnnaEsse wrote:
Panda wrote:just watched the News again and 700 people have been arrested. apparently the protesters had camped out for 2 weeks in Wall street, realised they were
not getting the publicity they needed and tried to cross the Bridge. One thing I noticed among the Marchers were the number of middle aged protesters
and their chant "the world is watching" while the Police were handcuffing protesters will give them Kudos, as will the attempt by a well dressed Congressman trying to get in on the act by agreeing with them told to go away.!!!! good on you I say.

I'm wondering where they're going to put the 700 who have been arrested. FEMA camps? If the protests continue and hundreds more are arrested, it wouldn't surprise me if the FEMA camps come into play.

I would have thought they will just be fined, the offence is not that serious to warrant Prison or Camp. It depends on the groundswell this incident
creates. They will probably proptest outside the U.S. Parliament Building next.

Meanwhile, our mealymouthed Teachere are protesting again about their Pensions........can you believe them, two days after 1020 RN Sailers are to be
made redundant.

Panda
Platinum Poster
Platinum Poster

Female
Number of posts : 30555
Age : 59
Location : Wales
Warning :
0 / 1000 / 100

Registration date : 2010-03-27

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  Panda on Mon 3 Oct - 15:56

A CEO, President of a major Insurance company has said his firm has stopped lending to Banks . He said the European Banks have more exposure to the
Greek debt, and doesn"t know yet what the U.S. Exposure is.The U.S. spends 40% of every dollar which is ridiculous and feels it will take a long time for
matters to improve.

The decision to downgrade the U.S. from their AAA rating was correct 67% agreed in a Global Poll.

Panda
Platinum Poster
Platinum Poster

Female
Number of posts : 30555
Age : 59
Location : Wales
Warning :
0 / 1000 / 100

Registration date : 2010-03-27

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  Panda on Tue 4 Oct - 13:11

Banks are taking a beating today in the U.S. as are Stocks .......for the third day in succession. Investment Companies are selling stocks to safeguard
their Investors and holding cash.

Panda
Platinum Poster
Platinum Poster

Female
Number of posts : 30555
Age : 59
Location : Wales
Warning :
0 / 1000 / 100

Registration date : 2010-03-27

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  Panda on Tue 4 Oct - 19:53

Bernanke announced today that there were no plans at the moment to go for quantitive easing. He urged to Politicians to work together. Stocks rose
a bit on on the U.S. Market .


Anyone looking to invest in Shares, Warren Buffet has just paid $1.6 billion for shares in Tesco.!!!! He reckons they are are a good buy and extremely well
organised

Panda
Platinum Poster
Platinum Poster

Female
Number of posts : 30555
Age : 59
Location : Wales
Warning :
0 / 1000 / 100

Registration date : 2010-03-27

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  Badboy on Tue 4 Oct - 19:57

Panda wrote:Bernanke announced today that there were no plans at the moment to go for quantitive easing. He urged to Politicians to work together. Stocks rose
a bit on on the U.S. Market .


Anyone looking to invest in Shares, Warren Buffet has just paid $1.6 billion for shares in Tesco.!!!! He reckons they are are a good buy and extremely well
organised
I READ TODAY THAT TESCO'S FOOD SALES? HAVE FALLEN BY 1%

Badboy
Platinum Poster
Platinum Poster

Male
Number of posts : 7739
Age : 50
Warning :
0 / 1000 / 100

Registration date : 2009-08-31

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  Angelique on Tue 4 Oct - 23:53



While I have to agree it is a fairly safe bet to invest in Food (Tesco) even they are experiencing losses in profit.

Still everyone has to eat and Tesco does have an awful lot of the Market. They have closed down many a corner shop as we know. They can afford to take a dip in share price without any harm being done.

Angelique
Platinum Poster
Platinum Poster

Female
Number of posts : 3418
Location : Freezing in England
Warning :
0 / 1000 / 100

Registration date : 2010-08-28

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  Panda on Wed 5 Oct - 17:09

Anonymous Hackers vow to hack the New York Stock Exchange in support of the Protesters.

Panda
Platinum Poster
Platinum Poster

Female
Number of posts : 30555
Age : 59
Location : Wales
Warning :
0 / 1000 / 100

Registration date : 2010-03-27

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  Panda on Thu 6 Oct - 5:20

Anti-Wall Street Protests Spread Nationwide





5:13am UK, Thursday October 06, 2011

Dominic Waghorn, US correspondent

Hundreds of people have joined protests in Wall Street - with demonstrations
gathering momentum and support as they spread nationwide.





Occupy Wall Street protesters dressed as zombies



Organised labour joined the Occupy Wall Street
protests adding numbers and focus to what is still a very disparate protest
movement three weeks since its inception.

It remains uncertain whether this is a watershed moment in American politics,
but the protests seem to be striking a chord with more and more people from all
walks of life.

There have now been protests in solidarity with the New York demonstrations,
in Boston, Los Angeles and several cities in between.

Thursday is expected to see the same in the nation's capital Washington
DC.




The logic and maths of claiming that 1% dominate you can
believe or disbeleive, but as a slogan 'We are the 99%' has a lot going for
it.

Read the blog by Sky's foreign editor Tim
Marshall



Some are already drawing comparisons with the anti Vietnam marches in the
1970s.

The protests seem to be tapping into a well spring of discontent about
America's economy and its politics.

Demonstrators are proud that they have no unifying mission.

The nearest they get to a common slogan is 'we are the 99%' - a reference to
the fact that one percent of Americans make a quarter of the country's
income.

They are demanding more jobs and more economic uncertainty at a time when the
US economy is in trouble.

They are a reaction to the perception that America's political system is
broken.



An activist does the washing up at Occupy Wall Street's
camp



Washington's various branches of government require a level of consensus and
cooperation to work and currently both are in short supply.

The Obama administration is at war with Republicans in Congress, meaning
gridlock on vital issues affecting tens of millions.

And there is huge disappointment that the US government has failed to tackle
the causes of the banking crisis that helped caused its economic woes.

Many claim the Obama administration has been hobbled by lobbyists in hock to
corporate interests - preventing effective reform of the banking system.

The causes and grievances are disparate and numerous. So far America's
politicians have not indicated how they will respond should the protests
continue mushrooming.

Panda
Platinum Poster
Platinum Poster

Female
Number of posts : 30555
Age : 59
Location : Wales
Warning :
0 / 1000 / 100

Registration date : 2010-03-27

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  Panda on Mon 10 Oct - 13:10

Hackers have threatened that today they will hack into the New York Stock Exchange. That"s a big ask but if they do there will be chaos around the
World.

One American Reporter has been visiting Wall street and says many protesters are into their 3rd week of camping in Wall Street, donations have been made to buy them food and blankets but the Reporter said while this protest has gathered momentum in Boston and Chicago and he agrees with their
protest, there is no Leader and when he talked to some of the protesters they did not know much about the Stock Exchange, Banking system or
investments.

Panda
Platinum Poster
Platinum Poster

Female
Number of posts : 30555
Age : 59
Location : Wales
Warning :
0 / 1000 / 100

Registration date : 2010-03-27

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  Panda on Mon 10 Oct - 16:22

The decision on Greece has been delayed for 3 weeks to enable the Bill to be passed by all 17 Countries, The Netherlands and Slovakia are opposed .

Also, with Italy and Spain, Belgium and possibly Portugal requesting bail outs Merkel might have to increase the EFSF fund from the E440 Billion although
she said she wouldn"t.

Stocks rose today on the News that at last action is being taken.........we hope.

I wouldn"t be surprised if LaGarde"s recent visit to France , her Home Country after all , and arranged for the IMF to help with the bailouts by lending
money to the EFSF by the back door. It is not allowed to issue Bonds, but can lend to EFSF who issue the Bonds.

Panda
Platinum Poster
Platinum Poster

Female
Number of posts : 30555
Age : 59
Location : Wales
Warning :
0 / 1000 / 100

Registration date : 2010-03-27

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  Panda on Wed 12 Oct - 13:45

the Occuipy Wall Street" Protesters marched into the richest Part of Manhattan today, including past Rupert Murdoch"s House. They did
knock on some doors and a couple of Homeowners agreed they supported their protest. More importantly, they are gaining support from
University Professors of Economics and these protesters might be seen as the turning point.

A Televised Debate yesterday by prospective Candidates for the Presidency did not throw up any inspirational ideas for halting the risk of
recession, but analysts are saying Obama has done more to create jobs than he is given credit for.

The U.S.A. has E700 Billion tied up in European Investments and currency.

Panda
Platinum Poster
Platinum Poster

Female
Number of posts : 30555
Age : 59
Location : Wales
Warning :
0 / 1000 / 100

Registration date : 2010-03-27

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  AnnaEsse on Wed 12 Oct - 17:03

IMF adviser says we face world-wide banking meltdown.


_________________________________________________________________________________________________
"You can run on for a long time, Run on for a long time, Run on for a long time, Sooner or later God'll cut you down." (Johnny Cash)

AnnaEsse
Administrator
Administrator

Female
Number of posts : 18464
Age : 105
Location : Casa Nostra
Warning :
0 / 1000 / 100

Registration date : 2009-09-23

http://frommybigdesk.blogspot.com/

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  Panda on Wed 12 Oct - 17:29

Very interesting AnnaEsse and Italy being too big to fail......what do the EU propose to do ? There will come a time when other European Countries like Finland and the Netherlands, maybe Norway too, will cry halt and vote against any more proposals to finance more Banks.
Brave Slovakia tried to make a stand but it is expected that a second vote with a bit of arm twisting, will give the go-ahead to give Greece
the E 8 Billion tranche. The next meeting of the EU when Sarkozy and Merkel unveil their plan coincides with a G20 Meeting in Europe , should
be interesting.!!!!!

Panda
Platinum Poster
Platinum Poster

Female
Number of posts : 30555
Age : 59
Location : Wales
Warning :
0 / 1000 / 100

Registration date : 2010-03-27

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  Panda on Thu 13 Oct - 8:17

"Occupy Wall Street" says the London Stock Exchange is its next target.

Panda
Platinum Poster
Platinum Poster

Female
Number of posts : 30555
Age : 59
Location : Wales
Warning :
0 / 1000 / 100

Registration date : 2010-03-27

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  Panda on Thu 13 Oct - 8:27

JP Morgan and Bank of America critical.


Google accused of Tax evasion.......another example of pure greed!!!!!!!

Panda
Platinum Poster
Platinum Poster

Female
Number of posts : 30555
Age : 59
Location : Wales
Warning :
0 / 1000 / 100

Registration date : 2010-03-27

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  Panda on Fri 14 Oct - 7:38

The rating agencies are downgrading several U.S.A. Banks including J.P. Morgan and Bank of America. They say the Banks around the World should operate under an entirely different procedure in future to avoid crisiies like these.

Panda
Platinum Poster
Platinum Poster

Female
Number of posts : 30555
Age : 59
Location : Wales
Warning :
0 / 1000 / 100

Registration date : 2010-03-27

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  Panda on Fri 14 Oct - 8:40

"Occupy Wall Street" is enjoying more and more support from other States. The Founder said it started off with 16 people camping out in Wall street a few weeks ago and more and more support is coming from Investors, Economic Professore and even Wall Street Staff. The main
concept is to stop corruption, have Laws for accountability and transparency and stop the infringements of constitutional rights.

What a difference between U.S. protests and the U.K. whioch saw masked men smashing Windows of shops and banks, throwing paint at
police, their cars , litter bins and anything in sight.!!!!!!!!

Panda
Platinum Poster
Platinum Poster

Female
Number of posts : 30555
Age : 59
Location : Wales
Warning :
0 / 1000 / 100

Registration date : 2010-03-27

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  Angelique on Fri 14 Oct - 9:04

Panda

I am fizzing over this action in America - is gone state-wide as you say.

I am wondering about the recent riots - I think that the Government has foreseen the American Spring and realise that it won't be long before it's here.

Our Government has not be backward in this respect and has passed laws that will not allow any peaceful demonstrations and no demonstration will be able to take place without prior agreement. But it won't make any difference - we too will have an English Spring - whether the Government like it or not.

Angelique
Platinum Poster
Platinum Poster

Female
Number of posts : 3418
Location : Freezing in England
Warning :
0 / 1000 / 100

Registration date : 2010-08-28

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  Panda on Fri 14 Oct - 9:25

Angelique wrote:Panda

I am fizzing over this action in America - is gone state-wide as you say.

I am wondering about the recent riots - I think that the Government has foreseen the American Spring and realise that it won't be long before it's here.

Our Government has not be backward in this respect and has passed laws that will not allow any peaceful demonstrations and no demonstration will be able to take place without prior agreement. But it won't make any difference - we too will have an English Spring - whether the Government like it or not.

Morning Angelique,

Yes, the march was joined by middleaged businessmen and Pensioners and what made it very credible , not one window smashed, no damage to any property , a small Fund set up by well wishers for the campers ,to deliver food and drink to them during their vigil. i think
U.K. protesters could learn a lot . Like you, I find it exciting that at last the Financial Systems will be overhauled and all this gambling with
savers accounts instead of long term investing will stop.It will stop the Credit culture, stabilise our throwaway society and rather than
halt production, give more chance for small businesses to grow .

Panda
Platinum Poster
Platinum Poster

Female
Number of posts : 30555
Age : 59
Location : Wales
Warning :
0 / 1000 / 100

Registration date : 2010-03-27

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  Panda on Fri 14 Oct - 16:59

Barriers were put up in Wall street to stop Protesters entering and 14 people were arrested. The Protesters have rallies planned for London and Sydney.

This protest is going Global and Governments will HAVE to take note . It is going to take years for Economies around the World to improve but
in the interim there must be a complete overhaul of the Banking system so that a crisis like this never happens again.

Panda
Platinum Poster
Platinum Poster

Female
Number of posts : 30555
Age : 59
Location : Wales
Warning :
0 / 1000 / 100

Registration date : 2010-03-27

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  Panda on Fri 14 Oct - 21:46

Occupy Wall Street Protesters Clean Up Park










  • 5 Comments






9:25pm UK, Friday October 14, 2011


Hannah Thomas-Peter, Sky News reporter



Protesters from the Occupy Wall Street movement spent the night
cleaning up a New York park to avoid having to leave their stations.










The demonstrators have been camped in lower Manhattan for nearly a
month but New York mayor Michael Bloomberg demanded that the park be
cleared temporarily so that city officials could clean it on Friday.


To avoid this, protestors came together and took the cleaning into their own hands.


According to volunteer organisers, around 600 people sleep in Zuccotti Park each night, even in the chilly autumn rain.


They are determined to stay and register their anger at myriad issues
- the 2008 banking bailout, and most of all the stubbornly high 9.1%
unemployment rate.


Their rallying cry is "We are the 99%", a reference to the wealth gap
between the small number of rich people and the vast majority of
ordinary Americans.







An NYPD officer looks on as protesters camp out in the rain





Christopher Reid joined the protest because he lost his job and cannot find another one.


The New Yorker feels let down by the government.


He told Sky News Online: "If I go broke, they don't bail me out. If
I'm in foreclosure, you know I lost my home, they don't say 'Hey Chris!
We don't want you to lose your home, we want to keep you going, so we're
going to bail you out', so my house is gone."


Occupy Wall Street does not have clearly defined goals or formal leadership but it is becoming increasingly hard to ignore.


The group has gained some union support, holds regular marches
against millionaires and the banking industry, and has inspired protests
across the US in cities like Los Angeles, Seattle, Boston, Washington
DC and Chicago.







The protest spreads to the west coast in Oakland, California





A day of global action, including protests in London, has been planned for Saturday.


New York volunteer organiser Daniel Zetah is encouraged by this.


He told Sky News Online: "Right know I feel I need to remind people
that democracy needs informed and engaged people and right now most
Americans are neither.


"I believe this is creating that dialogue in America that's been so
sorely missing for so long, that dialogue of 'what is wrong with this
system?'.


"Then, after you figure that out, then you can figure out solutions."


Although the protests have been mainly peaceful, there have been hundreds of arrests across the US.


Some 700 people were arrested in one afternoon in New York after a large march across Brooklyn Bridge.


Tension is high in the city in anticipation of a police effort to
move the protesters off the park so that the company that manages it can
clean the space.


Although both the protesters and the police have agreed that the
crowds can move in sections rather than be forced to leave all at once,
there is a worry that tempers could flare.


If there is conflict, it will be instantly broadcast around the
world, not just from the television crews based there but on the live
stream and Twitter feed the protest's media volunteers have set up.


































Your Comments

Sort comments by: Newest Oldest Recommended

Posted by: Mike69 on October 14, 2011 5:37 PM
@lewis901:
Capitalism has its ups and downs but it does work and has worked
for over 100 years unlike its rivals e.g. Socialism, these protestors
best remember that.

Eh? What are you rattling on about? All these problems have been caused
by capitalist banks and capitalist government's but socialism always
gets the blame. Capitalism, socialism, any ism is just a term that means
nothing, what we are dealing with here is plain old simple greed and
corruption. Call it what you like, but there's is just as many corrupt
politicians on both sides. Don't know of too many socialist hedge fund
or sub prime mortgage lenders who caused this mess however?

Panda
Platinum Poster
Platinum Poster

Female
Number of posts : 30555
Age : 59
Location : Wales
Warning :
0 / 1000 / 100

Registration date : 2010-03-27

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  Panda on Sat 15 Oct - 12:00

Wall Street Protests Spread To City Of London










  • 19 Comments






5:34am UK, Saturday October 15, 2011




Protests against the global financial system are set to hit the City
of London as demonstrations that started in New York's Wall Street
spread to the UK.







Demos against the global financial system began in New York's Wall Street




Part of a "global movement for real democracy" to highlight social and economic injustice, the action will see an occupation of the heart of the capital's financial centre.


A number of campaign organisations, including direct action group UK
Uncut, say they will support the Occupy London Stock Exchange protests.


The so-called OccupyLSX group's Facebook page on the protest has more
than 13,000 followers, with more than 5,000 confirmed attendees.


Laura Taylor, a supporter of the group, said: "Why are we paying for a crisis the banks caused?








After huge bailouts and in the face of unemployment,
privatisation and austerity, we still see profits for the rich on the
increase.



OccupyLSX statement







"More than a million people have lost their jobs and tens of
thousands of homes have been repossessed, while small businesses are
struggling to survive.


"Yet bankers continue to make billions in profit and pay themselves
enormous bonuses, even after we bailed them out with £850bn."


Another supporter, Kai Wargalla, said: "We want to stand with the 99% - the overwhelming majority who value people over profit.


"We want to make our voices heard against greed, corruption and for a democratic, just society.


"We stand in solidarity with Occupy Wall Street, protesters in Spain, Greece and the Middle East who started this movement.


"They have inspired people all over the world to step forward and make their voices heard."


OccupyLSX issued a statement that said: "The words corporate greed
ring through the speeches and banners of protests across the globe.


"After huge bailouts and in the face of unemployment, privatisation
and austerity, we still see profits for the rich on the increase."

Panda
Platinum Poster
Platinum Poster

Female
Number of posts : 30555
Age : 59
Location : Wales
Warning :
0 / 1000 / 100

Registration date : 2010-03-27

Back to top Go down

Re: US 13.4 TRILLION DEBT

Post  Sponsored content Today at 9:35


Sponsored content


Back to top Go down

Page 4 of 9 Previous  1, 2, 3, 4, 5, 6, 7, 8, 9  Next

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum