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Re: Obama's New Cold War 

By: zzstar in FFFT3 | Recommend this post (1)
Wed, 24 Dec 14 5:45 PM | 27 view(s)
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Msg. 06642 of 65535
(This msg. is a reply to 06639 by faul)

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The "representatives" coming in have fooled some of the American people that they are guardians of the economy. Some of the very same characters who brought Sept 2008 on us.

Has anyone heard frm the Tea a Party crowd about the derivatives coming back the moment this crowd is back in charge?

The Tea Party is now happy with their lackies.


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The above is a reply to the following message:
Re: Obama's New Cold War
By: faul
in FFFT3
Wed, 24 Dec 14 3:09 PM
Msg. 06639 of 65535

The idea that the US can service it's $18 trillion & growing
debt as well as it's tens of trillions of unfunded liabilities
at normalised interest rates is laughable......you are already
at 105% debt to GDP.....Russia is at only 13% & has a trade
surplus every year,something the US hasn't had for over
40 years.....

You claim a GDP of 5%,unemployment at 5.8% & that your
economy has decoupled from the rest of the world & planet,
& yet you still can't raise your interest rates up from 0.2%
which they have been sitting at for over 6 years!

Citibank & the bankers through your 'elected representatives'
have now put the US taxpayer on the hook for hundreds of
Trillions of derivatives......honestly who runs the country
Your Representatives or Your Banks!Why would the people
that are supposed to represent your interests & your country
allow the taxpayers to be liable for hundreds of trillions of
potential losses from bad banking bets?Is this how free markets,
freedom & democracy works or is this how a nation run &
controlled by it's banks works??

The US is being set up to collapse,being put on the hook
for hundreds of trillions of bank derivatives is surely the
means....



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