villain Posted November 18, 2004 Share Posted November 18, 2004 I heard this guy on Majority Report on Air America Radio last night and now I understand why Bush is bombing the economy. Because the less the dollar is worth the less Bush owes OPEC. OPEC recently wanted to change their payments to only accept Euros which is up on the dollar now. But that was struck down. Bush is tanking the economy so he can save money. How can anyone stand this guy? Quote Link to comment Share on other sites More sharing options...
metallix Posted November 19, 2004 Share Posted November 19, 2004 Quote Link to comment Share on other sites More sharing options...
metallix Posted November 19, 2004 Share Posted November 19, 2004 Quote Link to comment Share on other sites More sharing options...
metallix Posted November 19, 2004 Share Posted November 19, 2004 Quote Link to comment Share on other sites More sharing options...
metallix Posted November 19, 2004 Share Posted November 19, 2004 Quote Link to comment Share on other sites More sharing options...
metallix Posted November 19, 2004 Share Posted November 19, 2004 Quote Link to comment Share on other sites More sharing options...
ledzep Posted November 19, 2004 Share Posted November 19, 2004 ^^hey ANS was the abbreviaton of my old highschool. because its relevnat to the topic i decided i should say it. Quote Link to comment Share on other sites More sharing options...
metallix Posted November 19, 2004 Share Posted November 19, 2004 WOW LOOK THE EMPOYMENT RATE WENT UP DESPITE HIGH OIL PRICES AND DOLLAR PRICES Quote Link to comment Share on other sites More sharing options...
metallix Posted November 19, 2004 Share Posted November 19, 2004 Price measure -------------------------------------------------------------------------------- 2001 -------------------------------------------------------------------------------- 2002 -------------------------------------------------------------------------------- 2003 -------------------------------------------------------------------------------- Chain-type Gross domestic product 2.4 1.4 1.5 Gross domestic purchases 1.6 1.7 1.6 Personal consumption expenditures 1.6 1.8 1.4 Excluding food and energy 2.1 1.6 0.9 Chained CPI 1.5 1.8 1.4 Excluding food and energy 2.1 1.6 0.6 Fixed-weight Consumer price index 1.8 2.2 1.9 Excluding food and energy 2.7 2.1 1.2 Quote Link to comment Share on other sites More sharing options...
villain Posted November 19, 2004 Author Share Posted November 19, 2004 Oh Shit that's alot of charts Metallix!! Quote Link to comment Share on other sites More sharing options...
metallix Posted November 19, 2004 Share Posted November 19, 2004 WHAT DOES THE FEDERAL RESERVE HAVE TO SAY ON THIS? http://www.federalreserve.gov/boarddocs/hh...ortSection2.htm Quote Link to comment Share on other sites More sharing options...
villain Posted November 19, 2004 Author Share Posted November 19, 2004 Well most of the jobs being created are government jobs. Replacing alot of the military support jobs so all the troops can be boots on the ground in iraq. Quote Link to comment Share on other sites More sharing options...
villain Posted November 19, 2004 Author Share Posted November 19, 2004 Oh, and another thing, alot of people ARE being dropped off unemployment roles because they are no longer recieving benefits but still are actually unemployed. Quote Link to comment Share on other sites More sharing options...
metallix Posted November 19, 2004 Share Posted November 19, 2004 Originally posted by villain@Nov 18 2004, 07:49 PM Well most of the jobs being created are government jobs. Replacing alot of the military support jobs so all the troops can be boots on the ground in iraq. Quoted post maybe maybe not according to this chart fed. reserve chart "civilian unemplyoment rates" (as of feb. 2004) we have 1993 employment levels were we in a war in 1993? Quote Link to comment Share on other sites More sharing options...
metallix Posted November 19, 2004 Share Posted November 19, 2004 Originally posted by villain@Nov 18 2004, 07:51 PM Oh, and another thing, alot of people ARE being dropped off unemployment roles because they are no longer recieving benefits but still are actually unemployed. Quoted post ok. Quote Link to comment Share on other sites More sharing options...
villain Posted November 19, 2004 Author Share Posted November 19, 2004 Originally posted by metallix@Nov 18 2004, 07:52 PM we have 1993 employment levels were we in a war in 1993? Gulf war was in 91. It was only 42 days long. Quote Link to comment Share on other sites More sharing options...
Juan Fuentes Posted November 19, 2004 Share Posted November 19, 2004 DEMOCRACY=HYPOCRISY Quote Link to comment Share on other sites More sharing options...
DESTROYER1 Posted November 19, 2004 Share Posted November 19, 2004 http://www.knife-party.net/flash/barry.html we should all take the time to view this flash clip. its well designed and the message is of interest to us all. i'd like to hear all of your feedback. Quote Link to comment Share on other sites More sharing options...
villain Posted November 19, 2004 Author Share Posted November 19, 2004 excellent video! Quote Link to comment Share on other sites More sharing options...
metallix Posted November 19, 2004 Share Posted November 19, 2004 Quote Link to comment Share on other sites More sharing options...
ledzep Posted November 19, 2004 Share Posted November 19, 2004 that video was great. Quote Link to comment Share on other sites More sharing options...
KaBar2 Posted November 19, 2004 Share Posted November 19, 2004 Interesting graphics. I'd like to know how they did it, but it's after midnight and I'm tired. Quote Link to comment Share on other sites More sharing options...
Jimmy Jump Posted November 27, 2004 Share Posted November 27, 2004 nice video. about tanking the economy, you want to break this down villain. this argument doesnt seem logical. destroying the value of the dollar may make it easier to pay back past debts, but now the dollar prices are going up for future payments. and arent there safeguards to prevent from losing money due to inflation on debts (ie. agreeing upon a payment based on future forecasted inflation rate)? heres a somewhat related article about OPEC, the dollar, and the euro. The Invasion of Iraq: Dollar vs Euro Quote Link to comment Share on other sites More sharing options...
KYU Posted November 28, 2004 Share Posted November 28, 2004 Quote Link to comment Share on other sites More sharing options...
Guest BOSTONIAN Posted November 28, 2004 Share Posted November 28, 2004 Theres alot of good information on those charts. I truly believe that though bush sucks and has to be one of the most un qualified president this country will ever have in the big picture that is what our society has become. blinded by greed its the corporations that will succeed. so who gives a shit. fuck the middle east fuck the taliban and fuck bush too. I honestly believe that the whole voting process in our country is fucked. i dont think they count all votes. the economy is failing and thats because of no one wants to join the military and thats the only real growing job place. who the fuck wants to go to the sandlot make 220$ a week and get shot at? I just felt like rambling. fuck it think what you will. This is simply my opinion. fuck you if you dont like it and fuck you if you do. Quote Link to comment Share on other sites More sharing options...
villain Posted November 30, 2004 Author Share Posted November 30, 2004 Originally posted by Jimmy Jump@Nov 27 2004, 03:21 PM nice video. about tanking the economy, you want to break this down villain. this argument doesnt seem logical. destroying the value of the dollar may make it easier to pay back past debts, but now the dollar prices are going up for future payments. and arent there safeguards to prevent from losing money due to inflation on debts (ie. agreeing upon a payment based on future forecasted inflation rate)? heres a somewhat related article about OPEC, the dollar, and the euro. The Invasion of Iraq: Dollar vs Euro Quoted post Well since the US controls Saudi Arabia, which ostensibly controls OPEC, I think we are able to do what we want, when we want pretty much. And when was the last time you heard of a home loan or something that is inflation adjusted? I'm not an economist, I really don't understand the devil in the details. sorry. Thanks for that link though. Very good and very relevent. You made some good points bostonian. Try not to sink into nihilism. Quote Link to comment Share on other sites More sharing options...
Jimmy Jump Posted December 1, 2004 Share Posted December 1, 2004 "And when was the last time you heard of a home loan.." not that i know of either. my question was vague, but i was refering to transactions that involve foreign currencies. there are certain actions a company can take, i believe they are called "hedging", to avoid risks associated with foreign exchange (ie. the value of the dollar decreasing relative to value of their currency from the time the deal is agreed upon till the payment is actually recieved). or they can take that risk in hopes of making some extra cash out of the deal (i think its called "speculation"). my knowledge on OPEC is very limited and im not sure about the details/regulations of their transactions. i was just looking to get this clarified. i agree that bush is tanking the economy, i just think its more out of fanaticism, stupidity, and protecting US dominance of the oil market. not so much to reduce past payments but to protect future transactions. Quote Link to comment Share on other sites More sharing options...
villain Posted January 21, 2005 Author Share Posted January 21, 2005 NEW PLOT TWIST FOR NEW TERM So I've been reading about failed IMF restructing policies in 3rd world countrys (or transition country's maybe I should say) and I'm realizing that this Social Security privitization, or Pay-as-you-go (PAYG) structural readjustment is actually one of these failed policies (probably intentionally failed since the end result is an oligarchy with no middle class, majority of the population in abject poverty/slavery, and wealth concentrated into the hands of a few.... I'm harkening to "Confessions of an Economic Hitman" here) and I'm thinking that Bush wants to turn us into a third world country in this term. Yay for america. http://www.imf.org/external/np/ieo/2004/ar.../pdf/report.pdf pg 33 Social Security reform. Quote Link to comment Share on other sites More sharing options...
s.urkaleeno Posted January 21, 2005 Share Posted January 21, 2005 small observation: The Roman empire fell when it ran out of wood ( their primary source of fuel). They over stretched their resources and the empire fell. Until we demand more out of our politicians, until we get corporate interests out of Washington our country and ecoomy will continue to fall. Quote Link to comment Share on other sites More sharing options...
s.urkaleeno Posted January 21, 2005 Share Posted January 21, 2005 Originally posted by villain@Jan 21 2005, 06:11 PM NEW PLOT TWIST FOR NEW TERM So I've been reading about failed IMF restructing policies in 3rd world countrys (or transition country's maybe I should say) and I'm realizing that this Social Security privitization, or Pay-as-you-go (PAYG) structural readjustment is actually one of these failed policies (probably intentionally failed since the end result is an oligarchy with no middle class, majority of the population in abject poverty/slavery, and wealth concentrated into the hands of a few.... I'm harkening to "Confessions of an Economic Hitman" here) and I'm thinking that Bush wants to turn us into a third world country in this term. Yay for america. http://www.imf.org/external/np/ieo/2004/ar.../pdf/report.pdf pg 33 Social Security reform. Quoted post Privatization of Social security is being build as the only option for reform. SS is not in jeopardy. SS operates at a 1% cost. If it is sent to wall street it will be up around a 5-10% cost, and when you are talking about a trust that is in the Trilions you are making a hand full of people and obseard amount of money. The dividen checks to the share holders of the private investment firms will be in the Billions. we need to call Congress and tell them not to support this plan. If they do let them know that they will not be re-elected. It will only take 10minutes out of your day to call both your congressman and senator. Tell them you are a constituant, and that you are not happy. Congress 202-224-3121 Quote Link to comment Share on other sites More sharing options...
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