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Oct 11, 2008, 13:31 GMT
Bush: Countries will work to avoid broader economic fallout
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Older Talkback
page: 1
The best thing that this lame dead-duck president coulld honour this World with is ,his
SILENCE.
......The archtitect of his own downfall, words from a man who once claimed dirct communiction from God himself.................
,,,
rest Bush. If you are really really concerned about he economy of the USA, and you want to do your part, say nothing; do nothing. Pretend you are brain dead.
Bush is trying to preserve something that never existed: FAKE EQUITY. The equity markets have been overvalued for years and fudged with debt spending. The fact is, Bush knows NOTHING about valuation or economics. To him, god created the universe 6000 years ago and jesus is the all powerful. Nothing is fact and there is no rational basis for everything. Everything is rote and the only good book is the bible. Economic books don't count. With a frame of mind like that it is no wonder things got so out of hand.
IMF, World Bank, and G7 can start packing up and closing their doors, cause the entire world doesn't give one ounce of monkey crap what they have to say or what they plan to do.
One only has to look at Iceland's recent action when bankruptcy came knocking on its door. It went to Russia for a low interest loan with no strings attached. Iceland did not go to let say....US or UK or IMF or World Bank, did it now?
Another example: look at Venezuela's recent joint funds with other countries; namely, China. A joint fund of....$....12 billion dollars. Who needs that ridiculous IMF or so-called World Bank?
Also, that G8 became G7 after Russia gave them that 'you can't fire me, cause I quit!' line.
MY suggestion: G7, IMF, and World Bank need to close down for business. Cause....business will no longer come their way!
Besides, these organizations are the tools of colonialism and imperialism by the western European countries and the US.
IMF, World Bank, and G7 can start packing up and closing their doors, cause the entire world doesn't give one ounce of monkey crap what they have to say or what they plan to do.
One only has to look at Iceland's recent action when bankruptcy came knocking on its door. It went to Russia for a low interest loan with no strings attached. Iceland did not go to let say....US or UK or IMF or World Bank, did it now?
Another example: look at Venezuela's recent joint funds with other countries; namely, China. A joint fund of....$....12 billion dollars. Who needs that ridiculous IMF or so-called World Bank?
Also, that G8 became G7 after Russia gave them that 'you can't fire me, cause I quit!' line.
MY suggestion: G7, IMF, and World Bank need to close down for business. Cause....business will no longer come their way!
Besides, these organizations are the tools of colonialism and imperialism by the western European countries and the US.
IMF, World Bank, and G7 can start packing up and closing their doors, cause the entire world doesn't give one ounce of monkey crap what they have to say or what they plan to do.
One only has to look at Iceland's recent action when bankruptcy came knocking on its door. It went to Russia for a low interest loan with no strings attached. Iceland did not go to let say....US or UK or IMF or World Bank, did it now?
Another example: look at Venezuela's recent joint funds with other countries; namely, China. A joint fund of....$....12 billion dollars. Who needs that ridiculous IMF or so-called World Bank?
Also, that G8 became G7 after Russia gave them that 'you can't fire me, cause I quit!' line.
MY suggestion: G7, IMF, and World Bank need to close down for business. Cause....business will no longer come their way!
Besides, these organizations are the tools of colonialism and imperialism by the western European countries and the US.
IMF, World Bank, and G7 can start packing up and closing their doors, cause the entire world doesn't give one ounce of monkey crap what they have to say or what they plan to do.
One only has to look at Iceland's recent action when bankruptcy came knocking on its door. It went to Russia for a low interest loan with no strings attached. Iceland did not go to let say....US or UK or IMF or World Bank, did it now?
Another example: look at Venezuela's recent joint funds with other countries; namely, China. A joint fund of....$....12 billion dollars. Who needs that ridiculous IMF or so-called World Bank?
Also, that G8 became G7 after Russia gave them that 'you can't fire me, cause I quit!' line.
MY suggestion: G7, IMF, and World Bank need to close down for business. Cause....business will no longer come their way!
Besides, these organizations are the tools of colonialism and imperialism by the western European countries and the US.
It is time to ponder on some questions now regarding the nature of governemnts.You ll find the answers to the questions will need you to think outside the usual patterns but traditional thinking simply yields no answers.
Why has a 700 billion dollar plan been launched in a matter of days but has nothing been done in all these years when hundreds of thousands of workers lost their livelihood and jobs due to delocalization of manufacturing jobs .The answer then was that such were the unavoidable consequences of modern economical needs to rationalize the production process (read the maximalization of profit by moving the plants to countries where labor could be exploited much more cheaply and there would be no annoying labor unions to defend the workers rights ).The governments also teold you that unfortunately they could not intervene in the economy as the market would regulate itself and in a few years all would be well again .And of course you've been told that there was no money anyway .there is a war going on and you all have to contribute to the war efforts (except Wall Street of course and the corporate war profiteers.)Patriotism was taken out of the closet ,dusted off and the donned by americans whilst the media beat the war drums .Communism was dead but lo and behold ,a new ennemy was found,just in time to avoid the weapon merchants from losing their fat profits.Terrorism was the new menace .A vague notion that became the object of military spending like never seen before .Terrorism needs polica action logically,not so in the USA.A 100.000 dollars assault would be met with an 1.000.000.000 reply (I am now talking of the anthrax letters ).A real terrorist assault perpetrated by Al Quaida was met with a full scale war against a country that had nothing to do with it.After which you could only say,sorry guys we'll rebuild it all,we have a vice president with good connections to Haliburton.Hundreds of billions od dollars got lost in the process.Bin Laden must be laughing after seeing the result of his attack.the consequences of it must have been way beyond his wildest expectations .On top of that blinded by irrational patriotism those that dared oppose the attack on the wrong enemy were labeled traitors and bad patriots.
After this mess there are still people doing so,likely the same people that make enormous profits from tis war .
How long will you be fooled ?
There are still irresponsible politicians still claiming that it is a crime to raise taxes .Fine then,what would be their solution to the crisis?I'd love to hear the magic they will perform to pay of a debt that grew so enormous that it became a surrealistic figure,almost too absurd to exist.
If no taxes need to be raised,how then will you solve this problem.Please clarify that for me,I'd love to use this magic too.
Unfortunately we all never will get an answer to that .You allhave been lured into thinking that the marker is magic,that government interference is satanic .And indeed not much sane is going on in solving this mess.Except throwing money at the bankers nobody comes forward with even a bribe of a solution.
After the elections are over ,the answer will come;taxes will have to be raised.The only question remainig is which ones of you will carry the burden ?
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