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Old 03-26-13, 09:42 AM   #1
AVGWarhawk
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Has it really ever been safe?
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Old 03-26-13, 10:49 AM   #2
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Nothing really changes. As in the past, big business, banks, the very rich often become that way not from work or selling anything, but through shady means. Take our big bank bailout, the money was mostly to be used to help the middle class and small business, but they took it and invested it where they could increase their bottom line. Today the stock market is great, but the middle class continues to suffer. It will all eventually implode again, they know this and know how to get even richer during the crisis. The banks got bailed out, took millions of homes and invested most the money in overseas markets. Now home prices are going up and they'll make lots of money on the homes they sat on.

I agree with Gates, Buffet, Trump, etc., were headed for a two class nation, where about 10% hold 80% of all real wealth and 80% will be right at the poverty line.

Obama isn't doing anything to help the middle class, his plans lets the riche get richer, just expects them to give more free stuff to the poor. The GOPs plan is no different, except no freebies for the poor, let them die out. No one has a plan to secure a thriving middle class. It's just a matter of time until our economy fails again under the mass of debt. The time will come we won't be able to solve it by more debt and we'll see a depression unlike ever before. About every leading economist agrees.
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Old 03-26-13, 11:05 AM   #3
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Quote:
Has it really ever been safe?
No.
Banks, pensions, insurance, property, gold, silver, wheat....its all a gamble, always has been always will be.
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Old 03-26-13, 11:18 AM   #4
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My money as never been safe since I can hardly walk past a bookies without having to calling in
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Old 03-26-13, 11:34 AM   #5
STEED
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The true inflation figure in the UK is 5% but due to manipulation a false figure is put out.

Example on the lies in the UK

Slightly off topic..each month the Office of National Statics releases the unemployment figures and each month from Nov12-Feb13 they said unemployment fell and they did revised figures also said it fell bigger but only last week the ONS said unemployment for Nov12-Jan13 was in fact up! You tell me how?

Back on topic

So if they can get away with it so can the Banks...Wait minute they have and continual to lie. Its all going to pot people.
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Old 03-26-13, 11:38 AM   #6
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The whole bloody mess is just a Ponzi scheme. Destined to implode on itself no matter what is done.
A house of cards can not stand up to the winds of change.
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Old 03-26-13, 12:20 PM   #7
STEED
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Quote:
Ben Bernanke Takes Questions At Federal Reserve Press Conference

3:00 PM: We are not targeting asset prices or measuring our success by the stock market. While the Dow may be hitting a high, it's in nominal terms and not real terms. I don't think it's all that surprising that the market would rise, given the increased optimism in the economy, and profits are high.

Read more: http://www.businessinsider.com/fomc-...#ixzz2OfRHZF55
Was that a slip?
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Old 03-26-13, 01:34 PM   #8
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What are these 'savings' yoo speak of?

I'll get my coat

Cheers

Gary
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Old 03-26-13, 01:40 PM   #9
AVGWarhawk
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Quote:
Originally Posted by STEED View Post
Was that a slip?
I don't know if that was a slip, but, if you look at just the stock market alone as a indicator one would conclude the economy is good.
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