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The US of A

Post  Top dog on Sat 6 Aug - 9:02

Standard and Poor have downgraded the US from AAA credit rating to AA+


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Re: The US of A

Post  Guest on Sat 6 Aug - 11:03

Top dog wrote:Standard and Poor have downgraded the US from AAA credit rating to AA+


I can see the whole financial world toppling. December 2012 is not the end of the world its the end of the financial world. JMO

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Yes

Post  Top dog on Sat 6 Aug - 11:25

Antoinette wrote:
Top dog wrote:Standard and Poor have downgraded the US from AAA credit rating to AA+


I can see the whole financial world toppling. December 2012 is not the end of the world its the end of the financial world. JMO

Those pesky Mayans I wonder what odds they got at Mayan Power 1,000,000,000/1

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Re: The US of A

Post  Badboy on Sat 6 Aug - 12:06

SHOULD PEOPLE GO DOWN THE BOOKMAKERS AND BET WHAT WILL HAPPEN NEXT?

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Re: The US of A

Post  AnnaEsse on Sat 6 Aug - 14:09

Someone of Mayan descent has said that the 2012 date is just the end of one cycle and the beginning of another.

As for the USA, I think the big slide is starting. Gerald Celente, trends forecaster, who has been right most of the time, has predicted a major crash this year and warned people to be ready for it.

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as above

Post  halfamo on Sat 6 Aug - 14:15

AnnaEsse wrote:Someone of Mayan descent has said that the 2012 date is just the end of one cycle and the beginning of another.

As for the USA, I think the big slide is starting. Gerald Celente, trends forecaster, who has been right most of the time, has predicted a major crash this year and warned people to be ready for it.

I heard somewhere or may have read there are 7 million Mayan descendants still alive and kicking and cannot understand the fuss about this date it is not significant to them.

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Gerald Celente: An Economic 9/11 is Coming

Post  AnnaEsse on Sat 6 Aug - 16:01


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Re: The US of A

Post  Angelina on Sat 6 Aug - 16:09

AnnaEsse wrote:Someone of Mayan descent has said that the 2012 date is just the end of one cycle and the beginning of another.

As for the USA, I think the big slide is starting. Gerald Celente, trends forecaster, who has been right most of the time, has predicted a major crash this year and warned people to be ready for it.

Just remembering those pics of camps and coffins. Assuming that it's not just all hype and a few random pictures, I'd say the US have been expecting trouble for quite some time.

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Re: The US of A

Post  AnnaEsse on Sat 6 Aug - 16:17

Angelina wrote:
AnnaEsse wrote:Someone of Mayan descent has said that the 2012 date is just the end of one cycle and the beginning of another.

As for the USA, I think the big slide is starting. Gerald Celente, trends forecaster, who has been right most of the time, has predicted a major crash this year and warned people to be ready for it.

Just remembering those pics of camps and coffins. Assuming that it's not just all hype and a few random pictures, I'd say the US have been expecting trouble for quite some time.

Yes, Angelina, I too recall all those black coffins, stacked up by the thousand at what were described as FEMA camps. We need to find a couple of those investigative videos.

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Re: The US of A

Post  Angelina on Sat 6 Aug - 16:19

AnnaEsse wrote:
Angelina wrote:
AnnaEsse wrote:Someone of Mayan descent has said that the 2012 date is just the end of one cycle and the beginning of another.

As for the USA, I think the big slide is starting. Gerald Celente, trends forecaster, who has been right most of the time, has predicted a major crash this year and warned people to be ready for it.

Just remembering those pics of camps and coffins. Assuming that it's not just all hype and a few random pictures, I'd say the US have been expecting trouble for quite some time.

Yes, Angelina, I too recall all those black coffins, stacked up by the thousand at what were described as FEMA camps. We need to find a couple of those investigative videos.

Probably some on You Tube. If you search for FEMA concentration camps there's plenty of articles to be found.

ETA...a lot of it is probably conspiracy theory but certainly raises some questions and there must be some reason for all those coffins and camps

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Re: The US of A

Post  widowan on Sat 6 Aug - 16:22

No theory too foolish for someone to believe in it. We had people here who thought the world was ending in June and some of them had talked about putting their pets to sleep. Typically this is around religion, there is no crap those people won't swallow.

The tea party IS partly to blame for the stalemate here in Congress. They are too small a fringe to get what they want, but are big enough to stymie people who know how to work together and compromise, from doing anything. Now we have this budget deal that has stood firm on the right wing to not see a cent of tax increase on the most wealthy but who gave in to raise the debt ceiling. Republicans are high fiving John Boehner for "winning" this budget fight and yet the tea party are screaming they didnt' get what they want, it's a lousy compromise as no one got what they wanted.

As for social security, we took that money and let the government include it in a bigger kitty a long time back, rather than to keep people's social security safe in it's own fund, and now of course they want to "slash" the amount of money you get as a pension when that money, had it been in a money market fund, would have plenty to take care of all the people who paid into it their whole lives expecting to have it to fall back on when they were old. My parents now in their 70's - my dad figured if he had put that social sec. in the bank drawing interest, of him and my mom, their whole lives (55 years working and paying in!) they'd have a couple million. Instead the government takes it, plays with it, and now it's an "entitlement" Republicans want to slash when these people are too old to bounce back. They have nothing they can do, they can't go out and get jobs at that age. I mean my parents are okay, but a lot aren't.

I think it's smart to plan ahead, personally I do that, however the government seems to think it doesn't have to; just borrow or raise the debt and rob Peter to pay Paul and the party will never be over. Maybe the silent majority will rise up on this and say, this is BS. No more free lunch in America, for the rich OR the loafers. We can't afford it and we can't afford to be the world's policeman running around to defend "democracy" in places that happen to have a lot of oil, so the taxpayers get soaked and the oil companies make out like the bandits they are.

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Re: The US of A

Post  Angelique on Sat 6 Aug - 16:58

Every government does this - they reckon on not being around when the time comes to pay back. And they can always borrow/legislate for more contributions from the workforce.

Whether anyone (political movement) saying this has got to stop will make a difference - there are too many on the carousel making money out of this "system".

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Re: The US of A

Post  widowan on Sat 6 Aug - 17:03

Angelina wrote:
AnnaEsse wrote:Someone of Mayan descent has said that the 2012 date is just the end of one cycle and the beginning of another.

As for the USA, I think the big slide is starting. Gerald Celente, trends forecaster, who has been right most of the time, has predicted a major crash this year and warned people to be ready for it.

Just remembering those pics of camps and coffins. Assuming that it's not just all hype and a few random pictures, I'd say the US have been expecting trouble for quite some time.

The camps are hype. http://www.popularmechanics.com/technology/military/news/4312850

That myth has been debunked apart from on the conspiracy theory web sites that claim the airport hangars have detention facilities in them and that photos of Korean work camps are really in Wyoming.

Coffins stacked up by FEMA I presume were photos of preparation for disasters like Haiti. The US ends up helping a lot of victims of natural disasters in other countries. also in our own country. There are some facilities with tents and those boxcar FEMA housing units, because we get an enormous influx of people when ever there is a disaster, as with Hurricane Katrina, most of those disposed are housed in section 8 houses or with family or church groups - Houston took about 250,000 Katrina refugees, none of them were in camps - you couldn't put that many people in a detainment center anyhow. When Rita hit one of our options was to go to one of those camps in Austin, to flop out with a sleeping bag until we could come home. It was voluntary, we managed to get into the Days Inn however, that can be out of reach for some refugees who don't have much money.

Maybe if there is an economic crash in the US people will finally stop looking at this country as the place to escape to, and will all paddle their canoes to Lichtenstein where the country still has AAA ratings with S&P.

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Re: The US of A

Post  widowan on Sat 6 Aug - 17:08

Angelique wrote:Every government does this - they reckon on not being around when the time comes to pay back. And they can always borrow/legislate for more contributions from the workforce.

Whether anyone (political movement) saying this has got to stop will make a difference - there are too many on the carousel making money out of this "system".

They might have their hands full here with the over 55 however. These are people who aren't going to just sit back and accept that, the baby boomers born right around the end of WWII are far more politically savvy and powerful as a group, than they were in the 40's. I wish I could recall which President it was that decided - or which Congress - that social security should be lumped into the governement's slush fund and not kept out as this was money people EARNED doing their job. That was our money. The governement took it to hold it aside for us when we were old. They should not have taken it and played with it.

The other thing that hurts us here is this idea that every person must have their own house, no one lives in a family group any more, when grandma and grandpa get old they leave their house and go to a old folks home or the like, kids all want to move out and get their own apartment, every has to have their own car, at least in the white middle class group. I see other kinds of families, from east India, or Mexico, or China, where the family does live in ONE house, they must save a fortune. We have gotten spoiled.

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Re: The US of A

Post  Angelique on Sat 6 Aug - 17:22

widow an

Brown did the same here and cost the Pension funds of millions of people over £100bn.

http://www.thisismoney.co.uk/money/pensions/article-1603390/Browns-pension-raid-cost-savers-pound100bn.html

Immigrants in this Country also live with several generations in one house - though not all from the same family and not all legally here. There is a vast problem of rouge landlords letting out all the rooms in their house for a family in each room! The situation has reversed itself. It's economical to live with all members of your family, but now this has become a 'money earner' and is causing a return of "Rackman-ism" in this Country. They don't just use the houses either - they have sheds in the gardens, sometimes three, each housing at least 6 people!

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Hello

Post  Top dog on Sat 6 Aug - 18:00

Top dog wrote:
Antoinette wrote:
Top dog wrote:Standard and Poor have downgraded the US from AAA credit rating to AA+


I can see the whole financial world toppling. December 2012 is not the end of the world its the end of the financial world. JMO

Those pesky Mayans I wonder what odds they got at Mayan Power 1,000,000,000/1

I was joking a bit about the Mayan's but I think they knew something.

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Re: The US of A

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