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quantumystic
Member
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Posted: Sat Sep 12th, 2009 04:51 am |
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The Engine wrote: And also, something which is related to the Dollar's coming collapse (boy I really hate to say that!)  Is the fact that the interest rate the USA is paying on its debt has been climbing on a daily basis. As follows:
8/28/2009- 2.64% $310,880,000, which is 31% of tax revenue
8/31/2009-2.68% $315,106,000 31.5% of tax revenue
9/4/2009-2.71% $320,701,000 32% of tax revenue
9/10/2009-2.78% APR, $328,437,000 32.8% of tax revenue
So what does this tell us? 1) The APR on America's debt is climbing and climbing fast. 2) The percentage of US tax dollars consumed by the interest on the debt is also climbing at an astronomical rate-from 31% to 32.8% in less than two weeks! At this rate, the interest on the debt will consume about 90% of all tax revenue in one year!
I must admit surprise at apparently being the only person here to notice you have no problem linking to sources for things as silly as ACORN... yet when you drop these numbers about a serious economic issue...
Hrmmm... NO source.
Even more unusual, according to your posted figures... in this last week the U.S. government was switched to Annual Percentage Rate financing???
I smell bad fish (red herring).
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Mychotik
Member
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Posted: Sat Sep 12th, 2009 05:54 am |
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The Engine wroteIn one way you are correct: his economic policy is much more like Nazi Germany's than a marxist philosophy.
Could you please elaborate on this? 
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The Engine
Member
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Posted: Sat Sep 12th, 2009 02:53 pm |
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quantumystic wrote: The Engine wrote: And also, something which is related to the Dollar's coming collapse (boy I really hate to say that!) Is the fact that the interest rate the USA is paying on its debt has been climbing on a daily basis. As follows:
8/28/2009- 2.64% $310,880,000, which is 31% of tax revenue
8/31/2009-2.68% $315,106,000 31.5% of tax revenue
9/4/2009-2.71% $320,701,000 32% of tax revenue
9/10/2009-2.78% APR, $328,437,000 32.8% of tax revenue
So what does this tell us? 1) The APR on America's debt is climbing and climbing fast. 2) The percentage of US tax dollars consumed by the interest on the debt is also climbing at an astronomical rate-from 31% to 32.8% in less than two weeks! At this rate, the interest on the debt will consume about 90% of all tax revenue in one year!
I must admit surprise at apparently being the only person here to notice you have no problem linking to sources for things as silly as ACORN... yet when you drop these numbers about a serious economic issue...
Hrmmm... NO source.
Even more unusual, according to your posted figures... in this last week the U.S. government was switched to Annual Percentage Rate financing???
I smell bad fish (red herring).
http://usdebtclock.org/ is the source for the raw data. You have to do some of the calculations yourslef.
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The Engine
Member
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Posted: Sat Sep 12th, 2009 02:58 pm |
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Mychotik wrote: The Engine wroteIn one way you are correct: his economic policy is much more like Nazi Germany's than a marxist philosophy.
Could you please elaborate on this?
Certainly.
In a facist system (facism is poorly defined in all the texts, much of the definition being the opinion of various experts. The word is utilized more as an insult than an actual definition, but the facists had an economic system with many unique characteristics), the government controls industry, while allowing private industry to retain ownership. This is a system that is unique to a facist economy.
Obama has implimented this in the auto and banking industry and he has intentions of doing the same with the health care, insurance and energy sectors of the economy. These are huge slices of our economic pie! He is acquiring more power than any US president ever! Everyone, whether he be Democrat, Republican, independant or whatever, should be very concerned about this. You guys might think it's cool now to have an ultra-powerful president, but what happens when the next guy gets in and you don't like him so much???
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goldrick
Member
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Posted: Sun Sep 13th, 2009 12:15 am |
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The Engine wrote: Mychotik wrote: The Engine wroteIn one way you are correct: his economic policy is much more like Nazi Germany's than a marxist philosophy.
Could you please elaborate on this?
Certainly.
In a facist system (facism is poorly defined in all the texts, much of the definition being the opinion of various experts. The word is utilized more as an insult than an actual definition, but the facists had an economic system with many unique characteristics), the government controls industry, while allowing private industry to retain ownership. This is a system that is unique to a facist economy.
Obama has implimented this in the auto and banking industry and he has intentions of doing the same with the health care, insurance and energy sectors of the economy. These are huge slices of our economic pie! He is acquiring more power than any US president ever! Everyone, whether he be Democrat, Republican, independant or whatever, should be very concerned about this. You guys might think it's cool now to have an ultra-powerful president, but what happens when the next guy gets in and you don't like him so much???
WOW What have we here ? the government controls industry, while allowing private industry to retain ownership. This is a system that is unique to a facist economy.
What the hell are you talking about?--what industry does the government control--but allows private industry to retain ownership and this is fascism You don't know what you are saying--now can you explain -before we allow you the portfolio of Finance Minister The USA lost it's way in 1913 under a doe-head called wilson pressured by 13 families who control America's wealth to this day--and made worse by nixon in 1971---chucking out the gold sub-standard,without telling anyone Your country's finance is ran by a private company(the federal reserve) of 13 families (approx) who prints and then lends this money to your government--who pay interest on this loan-- now the more money your country borrows from this fed res the more interest it pays----you country is a country of continuous debt-and has been since 1913 This private company is answerable to no one---it's never audited--and it also controls your gold reserve---if you have any? obviously it's in the interest of this Fed to keep your country in debt--they make their money from your debt---so the bigger the debt---well figure? It also means that every dollar in your pocket is a loan!!! What does it say on your bank notes? look and see !!! dont tell me you americans dont know that this racket has been going on since 1913
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goldrick
Member
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Posted: Sun Sep 13th, 2009 03:35 am |
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goldrick wrote: The Engine wrote: Mychotik wrote: The Engine wroteIn one way you are correct: his economic policy is much more like Nazi Germany's than a marxist philosophy.
Could you please elaborate on this?
Certainly.
In a facist system (facism is poorly defined in all the texts, much of the definition being the opinion of various experts. The word is utilized more as an insult than an actual definition, but the facists had an economic system with many unique characteristics), the government controls industry, while allowing private industry to retain ownership. This is a system that is unique to a facist economy.
Obama has implimented this in the auto and banking industry and he has intentions of doing the same with the health care, insurance and energy sectors of the economy. These are huge slices of our economic pie! He is acquiring more power than any US president ever! Everyone, whether he be Democrat, Republican, independant or whatever, should be very concerned about this. You guys might think it's cool now to have an ultra-powerful president, but what happens when the next guy gets in and you don't like him so much???
WOW What have we here ? the government controls industry, while allowing private industry to retain ownership. This is a system that is unique to a facist economy.
What the hell are you talking about?--what industry does the government control--but allows private industry to retain ownership and this is fascism You don't know what you are saying--now can you explain -before we allow you the portfolio of Finance Minister The USA lost it's way in 1913 under a doe-head called wilson pressured by 13 families who control America's wealth to this day--and made worse by nixon in 1971---chucking out the gold sub-standard,without telling anyone Your country's finance is ran by a private company(the federal reserve) of 13 families (approx) who prints and then lends this money to your government--who pay interest on this loan-- now the more money your country borrows from this fed res the more interest it pays----you country is a country of continuous debt-and has been since 1913 This private company is answerable to no one---it's never audited--and it also controls your gold reserve---if you have any? obviously it's in the interest of this Fed to keep your country in debt--they make their money from your debt---so the bigger the debt---well figure? It also means that every dollar in your pocket is a loan!!! What does it say on your bank notes? look and see !!! dont tell me you americans dont know that this racket has been going on since 1913 The biggest threat to humanity in the world today is our corrupt Government & Federal Reserve! And they are both owned by the Rothschild Familyand others. They also own 55% of the WORLDS wealth! This one family has enough money to feed,cloth and house every peron on the planet. (Look It Up!) The Federal Reserve is a private bank whose owners are primarily European. It is not federal & there is NO reserve. Yet we give them our tax dollars and let them set our rules for our government. The Federal Reserve prints our money for a fee, lends us the money we paid them to print, charges us interest on the loan, and sends that money overseas. We've never audited the Federal Reserve or our gold which they also control. This privately owned bank has created this crisis and previous ones by lending in excess to flood the market with money, then pulling cash out of the market to create a crisis. This is a calculated move to keep the government borrowing more money so the American taxpayers are always in debt. These private banks can increase their wealth and power exponentially. And look up the exponential function Today's Elite are mostly members of the same 13 family's ((starting in the 18th century Europe)) . Unfortunately you'll never hear about them because they also own the T.V. & Newspapers! They go back hundreds of years lurking in the shadows plundering the people of the planet. They amassed their Mega-Fortune by means of Lying, cheating, stealing, profiteering, war mongering, secret societies, murder, assignation, bribes, payoffs, blackmail, Corruption, slavery, genocide, human/drug trafficing, Inbreeding & all the other things that the American Government has come to stand for. The truth is the Nazi movement didnt die with Hitler; it just migrated to our nations Capital. Their Plan is to strip you of all possessions and protection. Then remove you from your homes by way of artificially created natural disasters and fake terrorist attacks. Then murder you and your family in the FEMA camps and blame it on the bogus "Black Opted" events. Every sole lost in this inbred elite game of chess earns them credit . I know it all sounds so silly, and it is unthinkable! But the inbred retarded cousins in the White House believe it very much. Whats rational thought to you & I dont apply to them obviously. Unfortunately they also have the gold and make the rules. My only comfort is knowing that someday they will be dragged out of their bunkers like Sadam, up into chaos and hell that they have created for you & me. And answer for their crimes against humanity! The end of the era of inbreeding is over! Hail to the rebirth of truth, justice & the American way! Feck the American way and all that hypocritical jingoism Flag waving bluster-hand on hearts- God bless America crap Bloody chauvinism --to blind you with stars and stripes Time to waken up, AND THINK THINK THINK
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The Engine
Member
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Posted: Sun Sep 13th, 2009 01:53 pm |
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The Engine wrote: Mychotik wrote: The Engine wroteIn one way you are correct: his economic policy is much more like Nazi Germany's than a marxist philosophy.
Could you please elaborate on this?
Certainly.
In a facist system (facism is poorly defined in all the texts, much of the definition being the opinion of various experts. The word is utilized more as an insult than an actual definition, but the facists had an economic system with many unique characteristics), the government controls industry, while allowing private industry to retain ownership. This is a system that is unique to a facist economy.
Obama has implimented this in the auto and banking industry and he has intentions of doing the same with the health care, insurance and energy sectors of the economy. These are huge slices of our economic pie! He is acquiring more power than any US president ever! Everyone, whether he be Democrat, Republican, independant or whatever, should be very concerned about this. You guys might think it's cool now to have an ultra-powerful president, but what happens when the next guy gets in and you don't like him so much???
Any Americans have an opinion on this?
(If you're not American, I dont really care what you think about our domestic politics. None of your beeswax, mate!)
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goldrick
Member
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Posted: Sun Sep 13th, 2009 04:11 pm |
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The Engine wrote: The Engine wrote: Mychotik wrote: The Engine wroteIn one way you are correct: his economic policy is much more like Nazi Germany's than a marxist philosophy.
Could you please elaborate on this?
Certainly.
In a facist system (facism is poorly defined in all the texts, much of the definition being the opinion of various experts. The word is utilized more as an insult than an actual definition, but the facists had an economic system with many unique characteristics), the government controls industry, while allowing private industry to retain ownership. This is a system that is unique to a facist economy.
Obama has implimented this in the auto and banking industry and he has intentions of doing the same with the health care, insurance and energy sectors of the economy. These are huge slices of our economic pie! He is acquiring more power than any US president ever! Everyone, whether he be Democrat, Republican, independant or whatever, should be very concerned about this. You guys might think it's cool now to have an ultra-powerful president, but what happens when the next guy gets in and you don't like him so much???
Any Americans have an opinion on this?
(If you're not American, I dont really care what you think about our domestic politics. None of your beeswax, mate!)
who the hell cares what your ignorant and ill informed opinion is ? 
The American policy on foreign affairs and economics----well it flew like the engine--- 
the engine --5 years on --wait there will be enough for all---so the FEDS say Never mind you 3rd world banana republic--you now have cheap labour 
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WA Mozart
Member
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Posted: Sun Sep 13th, 2009 05:23 pm |
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Mozart
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goldrick
Member
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Posted: Sun Sep 13th, 2009 06:21 pm |
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WA Mozart wrote:
Mozart Still an--- Pray to St Jude ---patron saint of hopeless causes
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WA Mozart
Member
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Posted: Mon Sep 14th, 2009 01:13 am |
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I think we need to get the children off of some of these threads.
Mozart
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WA Mozart
Member
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Posted: Mon Sep 14th, 2009 01:16 am |
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quantumystic wrote: The Engine wrote: And also, something which is related to the Dollar's coming collapse (boy I really hate to say that!) Is the fact that the interest rate the USA is paying on its debt has been climbing on a daily basis. As follows:
8/28/2009- 2.64% $310,880,000, which is 31% of tax revenue
8/31/2009-2.68% $315,106,000 31.5% of tax revenue
9/4/2009-2.71% $320,701,000 32% of tax revenue
9/10/2009-2.78% APR, $328,437,000 32.8% of tax revenue
So what does this tell us? 1) The APR on America's debt is climbing and climbing fast. 2) The percentage of US tax dollars consumed by the interest on the debt is also climbing at an astronomical rate-from 31% to 32.8% in less than two weeks! At this rate, the interest on the debt will consume about 90% of all tax revenue in one year!
I must admit surprise at apparently being the only person here to notice you have no problem linking to sources for things as silly as ACORN... yet when you drop these numbers about a serious economic issue...
Hrmmm... NO source.
Even more unusual, according to your posted figures... in this last week the U.S. government was switched to Annual Percentage Rate financing???
I smell bad fish (red herring).
Bad fish?
You need to start paying more attention to these 'real' numbers. They may be some of the most important numbers you'll ever see in your lifetime.
Mozart
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The Engine
Member
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Posted: Mon Sep 14th, 2009 01:39 pm |
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The Engine wrote: Slaol_121 wrote: The Engine wrote: And also, something which is related to the Dollar's coming collapse (boy I really hate to say that!) Is the fact that the interest rate the USA is paying on its debt has been climbing on a daily basis. As follows:
8/28/2009- 2.64% $310,880,000, which is 31% of tax revenue
8/31/2009-2.68% $315,106,000 31.5% of tax revenue
9/4/2009-2.71% $320,701,000 32% of tax revenue
9/10/2009-2.78% APR, $328,437,000 32.8% of tax revenue
So what does this tell us? 1) The APR on America's debt is climbing and climbing fast. 2) The percentage of US tax dollars consumed by the interest on the debt is also climbing at an astronomical rate-from 31% to 32.8% in less than two weeks! At this rate, the interest on the debt will consume about 90% of all tax revenue in one year!
Update:
9/11/2009-2.79% APR, $329,754,000,000 32.95% of all tax revenue
(the figures above were times $1000. They actually represent hundreds of billions of dollars. So today's figure is $329 billion in yearly interest on the national debt.)
Today's update:
9/14/2009-2.82% APR, $333,663,000,000 (which is 33.3% of all tax revenue)
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The Engine
Member
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Posted: Mon Sep 14th, 2009 01:42 pm |
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This may be some sort of tipping point. When a nation is spending 1/3 of its tax revenues just to pay the interest on the money it owes, that may be a point at which that nation's credit rating is downgraded (which would only result in an even higher interest rate on the money that nation owes).
Despite these sobering statistics, liberals still finatically push for more and more spending and the pupblicicazion of more of the private sector (ie. the health care industry) and the complete destruction of other huge sectors (such as the health care insurance industry).
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WA Mozart
Member
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Posted: Mon Sep 14th, 2009 05:52 pm |
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The Engine wrote: This may be some sort of tipping point. When a nation is spending 1/3 of its tax revenues just to pay the interest on the money it owes, that may be a point at which that nation's credit rating is downgraded (which would only result in an even higher interest rate on the money that nation owes).
Despite these sobering statistics, liberals still finatically push for more and more spending and the pupblicicazion of more of the private sector (ie. the health care industry) and the complete destruction of other huge sectors (such as the health care insurance industry).
...tipping point indeed.
This is utter insanity. What amazes me is how little a topic such as "interest on the debt payments" is discussed in the main stream media. It is fundamental to the savings/wealth accumulated by all Americans. The US government has a moral obligation to protect the assets of its people. It's simply being ignored. Through irresponsible actions of politicians, our very currency is being put into jeopardy. Frightening.
From the Wall Street Journal:
The most recent Wall Street Journal/NBC poll has 87% of the public somewhat or very dissatisfied with the economy. The unemployment rate is likely to go above 10% for all 2010. Whatever GDP growth may occur, there is no evidence of new-job creation. Gold's price has risen above $1,000, suggesting inflation is swimming below the economy's flat surface. China is stockpiling gold and worrying out loud about the weak dollar. A U.N. panel said this week the world should abandon the dollar as the world's anchor currency.
Just now, Barack Obama's mad obsession with arcane health-insurance puzzles looks beside the point.
I don't think anyone fully understands yet how much damage was done to the U.S. economy and financial system by the events of September 2008.
Mozart
Last edited on Mon Sep 14th, 2009 05:53 pm by WA Mozart
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George Aligator
Member
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Posted: Mon Sep 14th, 2009 06:30 pm |
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WA Mozart wrote: The US government has a moral obligation to protect the assets of its people. It's simply being ignored
I hope Mozart will explain how an abstract entity such as a government can have a moral anything. Morality is an aspect of human behavior. Leaving that issue aside, where is it written that the government is obligated to protect my assets?
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robertr2000
Member
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Posted: Mon Sep 14th, 2009 06:40 pm |
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If I may...
"Look where the US Debt/GDP ratio was at the peak of WW2. We still came out ok."
This is the reasoning the we all received from the Bushbots for the last 8 years. Mind you, I do believe that the US monetary system and with it the US dollar will soon only be part of the history books. One world currency, One world government, good by The United States of America.
Conspiracy? You betcha ![[usa]](/forums/themes/default/usa.gif) 
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WA Mozart
Member
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Posted: Mon Sep 14th, 2009 07:05 pm |
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George Aligator wrote: WA Mozart wrote: The US government has a moral obligation to protect the assets of its people. It's simply being ignored
I hope Mozart will explain how an abstract entity such as a government can have a moral anything. Morality is an aspect of human behavior. Leaving that issue aside, where is it written that the government is obligated to protect my assets?
The US government is a collection of human beings, who are granted a moral obligation by the US citizens who elected them, to protect and defend the US currency, the instrument through which accumulated wealth is stored in the country. The fact that you see no such obligation is simply ludicrous. Perhaps you have no personal wealth to defend? An anarchist? Destroy the country; let's start from the top?
I recall my grandfather, who was born and raised in the Sudentenland, who was drafted by the local authorities and fought for the Austrian Kaiser during the First World War. He fought on the Isonzo front and received the Iron Cross for his services. After the war, he set-up a small business in a Bavarian town. On one occasion he loaned a friend of his 'x' amount of Reichsmarks, to be paid back in 18 months or so, with interest. During this time the German Weimar Republic was hit with some of the highest inflation ever seen in the western world. It was unbelievable. The German government had allowed the printing presses to run wild. Just as the Obama administration is using the cover of a Wall Street crises to possibly force hyperinflation in this country, so too did the Weimar Republic boys use the excuse of the confiscatory obligations of the Versaille Treaty to begin destroying the basic currency. My grandfather's friend came back into his store after the 18 months, after the German Reichsmark had climbed by over 3000% percent or more, and calmly, and without embarassment, payed him the exact amount of money he owed, plus interest. It was but a mere fraction, a pittance, as to what the value of the loan was orignally. Moral? It wasn't 'his' fault that the value of the Reichsmark plummeted.
The fact that you, a comitted communist/socialist/whatever, despises the accumulated wealth of the citizens of this country, is hardly surprising. After all, demanding and grabbing all you can from your neighbor's hard work is the very definition of communism/socialism.
Mozart
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WA Mozart
Member
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Posted: Mon Sep 14th, 2009 07:20 pm |
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robertr2000 wrote: If I may...
"Look where the US Debt/GDP ratio was at the peak of WW2. We still came out ok."
This is the reasoning the we all received from the Bushbots for the last 8 years. Mind you, I do believe that the US monetary system and with it the US dollar will soon only be part of the history books. One world currency, One world government, good by The United States of America.
Conspiracy? You betcha
Er, are you hopping for another war?
What brought the United States back from the brink of disaster was the complete collapse of all of Europe and Japan. Europe needed to be rebuilt, and the American economy benefitted tremendously from the institution of the Marshall Plan.
Seond, if you look at your silly chart, you will note that the little red line ends at about 85% or so, in February of this year! The actual results were probably far worse in that US revenue's vs expenditures are not accounted for until the data is published 3 months after the fact. That line, the little red line, is probably already approaching, or above, the 120% marker. With each passing day it's getting worse and worse. The pinhead spending in Washington is jumping off the charts, while the actual US revenue numbers are dropping dramatically. You ain't seen nuttin yet.
Is there a war around the corner? Should we start bombing German cities again just so that we can fix-em-up? hmmm? We're gonna need more than a war to get outta this one.
Mozart
Last edited on Mon Sep 14th, 2009 07:22 pm by WA Mozart
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goldrick
Member
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Posted: Mon Sep 14th, 2009 09:30 pm |
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WA Mozart wrote: robertr2000 wrote: If I may...
"Look where the US Debt/GDP ratio was at the peak of WW2. We still came out ok."
This is the reasoning the we all received from the Bushbots for the last 8 years. Mind you, I do believe that the US monetary system and with it the US dollar will soon only be part of the history books. One world currency, One world government, good by The United States of America.
Conspiracy? You betcha
Er, are you hopping for another war?
What brought the United States back from the brink of disaster was the complete collapse of all of Europe and Japan. Europe needed to be rebuilt, and the American economy benefitted tremendously from the institution of the Marshall Plan.
Seond, if you look at your silly chart, you will note that the little red line ends at about 85% or so, in February of this year! The actual results were probably far worse in that US revenue's vs expenditures are not accounted for until the data is published 3 months after the fact. That line, the little red line, is probably already approaching, or above, the 120% marker. With each passing day it's getting worse and worse. The pinhead spending in Washington is jumping off the charts, while the actual US revenue numbers are dropping dramatically. You ain't seen nuttin yet.
Is there a war around the corner? Should we start bombing German cities again just so that we can fix-em-up? hmmm? We're gonna need more than a war to get outta this one.
Mozart
Well bloody brains,instead of bleedin hearts ,would be a help. Frankly reading your sure cure is so much crap that it seems inconcievable that any American in the year 2009 cannot grasp one simple fact It's a private company who control; all financial institutions in the USA The government is sidelined,yet Obama given the best chance in decades to close the Federal Reserve,re appoints the man responsible for a crisis Ben S. Bernanke: read Obama's senseless address http://www.guardian.co.uk/business/2009/sep/14/obama-speech-wall-street He is urging FR and banks to excercise more control--excerise--he's the fecking President--not excercise but DEMAND UNDER STATUTE with heavy jail senteces-- to be honest and not bleeding crooks Your Preisdent is your safe guard,and first line of defence, and should represent whats good for you-the electorate'not whats good for the elite and corporates . You people would elect a muppet if he wears the right colours- democrat or republician---when there is no significant difference. http://www.federalreserve.gov/newsevents/press/other/20090825a.htm The Racket: http://www.healthfreedom.info/Federal_Reserve_Fraud.htm Started by- MYER AMSHAL BOWERBURG (1743-1812)in the company of 2 brothers The Warburgs--and an insidious little scum bag called ADAM VICEHOUT--- FOUNDER OF ILLUMANATI IN 1776- (ON ROTHSCHILD BIDDING) Yes Rothchild the one and only german usurer MYER AMSHAL BOWERBURG
He had 5 sons(3 legit:--KARL---JACOB---NATHAN PLUS 2 OTHERS) --sent over the world--all primed and ready by hook or crook to run the world The interbreeding over the centuries was immense As of to-day 13 families own the FR AND ALMOST 80% OF THE WORLDS WEALTH
THEY DICTATE TO ALL GOVERNMENTS---THEY RUN THE WORLD---HE WHO HAS THE WEALTH HAS THE POWER Of course you wont read or hear or see these gangsters--they control the worlds media---except the internet--but they will own this quite soon
But as most of you will say --ach that's a bleeding conspiracy theory---well to hell, what do I care what you think?
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