Comments on: Are The Banks Safe? http://www.dangerouscreation.com/2008/10/are-the-banks-safe/ "Argue not with fools, frauds, fops, and fanatics. Seek instead better companions." ----- "Show me a millionaire and I will show you a man who has never thought about the meaning of his life." Sat, 11 Feb 2012 09:45:27 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Phill http://www.dangerouscreation.com/2008/10/are-the-banks-safe/comment-page-1/#comment-1512 Phill Sat, 11 Oct 2008 04:40:07 +0000 #comment-1512 "Rev Manny, economic booms do not, I repeat, do not help the goons! They are special cycles instituted by the rich and right-wing politicians to increase their wealth."<br /> <br /> Which of course is true.Unless you live in Iceland, apparently they are the first country to be officially declared, "Bankrupt"<br /> <br /> Yikes Iceland bankrupt? All those billions they owe their Anglo Saxon cousins to the south of this cold land, they will not be amused.<br /> <br /> Maybe they will pay off their debt in fish! Ah I hear what you say, what fish? The ravenous English diet for fish and chips has exhausted all the stocks.<br /> <br /> But wait there's more, the good Ivans are going to lend them the last of their own rubles to pay off their former enemy.My God, Philby and Burgess will be mortified.<br /> <br /> But all is not lost, George Bush is going to address the nation later whilst we all sleep here, and impart his wisdom to the faithful on how to get out of this mess.<br /> <br /> It's getting funnier by the day folks, trouble is no one is laughing.<br /> <br /> Well maybe just Paulson,at us. <br /> “Rev Manny, economic booms do not, I repeat, do not help the goons! They are special cycles instituted by the rich and right-wing politicians to increase their wealth.”

Which of course is true.Unless you live in Iceland, apparently they are the first country to be officially declared, “Bankrupt”

Yikes Iceland bankrupt? All those billions they owe their Anglo Saxon cousins to the south of this cold land, they will not be amused.

Maybe they will pay off their debt in fish! Ah I hear what you say, what fish? The ravenous English diet for fish and chips has exhausted all the stocks.

But wait there’s more, the good Ivans are going to lend them the last of their own rubles to pay off their former enemy.My God, Philby and Burgess will be mortified.

But all is not lost, George Bush is going to address the nation later whilst we all sleep here, and impart his wisdom to the faithful on how to get out of this mess.

It’s getting funnier by the day folks, trouble is no one is laughing.

Well maybe just Paulson,at us.

]]> By: David G http://www.dangerouscreation.com/2008/10/are-the-banks-safe/comment-page-1/#comment-1511 David G Tue, 07 Oct 2008 13:29:39 +0000 #comment-1511 Lucy, please don't tell Cody!<br /> <br /> Rev Manny, economic booms do not, I repeat, do not help the goons! They are special cycles instituted by the rich and right-wing politicians to increase their wealth.<br /> <br /> Cheers. Lucy, please don’t tell Cody!

Rev Manny, economic booms do not, I repeat, do not help the goons! They are special cycles instituted by the rich and right-wing politicians to increase their wealth.

Cheers.

]]> By: Reverend Manny http://www.dangerouscreation.com/2008/10/are-the-banks-safe/comment-page-1/#comment-1510 Reverend Manny Tue, 07 Oct 2008 10:43:38 +0000 #comment-1510 The truth the Mainstream Media doesn't wanna admit about this is that this most recent economic downturn will BARELY affect the average, lay american.<br /> <br /> Why? The last three economic booms had little to actually do with productivity gains or general production improvements. They had to do with creating money, while not creating value. (sorry to be so abstract here)<br /> <br /> So the dotcom bubble did nothing to most Americans (except hurt the ones that invested in foolish ROth IRAs or 401ks) . This one will also do little to change the conditions for small businesses. <br /> <br /> The reasons they're trying to create all this drama about it is to get ppl worried enough to bail out these rich goons with our publicly held funds. How else could they talk us into this giveaway.<br /> <br /> Finally, just a quick statistic about how LITTLE the last three economic booms have had to do with the average american. In 1980, the richest 1% drew 8% of all the nation's income. In 2006, the richest 1% now drew 20% of the income.Btw, average median family income DROPPED by 2,000 dollars since 2001. So then, who did this most recent "economic boom" really benefit?<br /> <br /> Buck Fush,<br /> --Reverend Manny The truth the Mainstream Media doesn’t wanna admit about this is that this most recent economic downturn will BARELY affect the average, lay american.

Why? The last three economic booms had little to actually do with productivity gains or general production improvements. They had to do with creating money, while not creating value. (sorry to be so abstract here)

So the dotcom bubble did nothing to most Americans (except hurt the ones that invested in foolish ROth IRAs or 401ks) . This one will also do little to change the conditions for small businesses.

The reasons they’re trying to create all this drama about it is to get ppl worried enough to bail out these rich goons with our publicly held funds. How else could they talk us into this giveaway.

Finally, just a quick statistic about how LITTLE the last three economic booms have had to do with the average american. In 1980, the richest 1% drew 8% of all the nation’s income. In 2006, the richest 1% now drew 20% of the income.Btw, average median family income DROPPED by 2,000 dollars since 2001. So then, who did this most recent “economic boom” really benefit?

Buck Fush,
–Reverend Manny

]]> By: Lucy http://www.dangerouscreation.com/2008/10/are-the-banks-safe/comment-page-1/#comment-1509 Lucy Tue, 07 Oct 2008 08:49:53 +0000 #comment-1509 <i>does laying on a mattress stuffed with dollar bills make me a capitalist?</i><br /> Afraid so, hand in your copy of Das Kapital at the door on your way out. does laying on a mattress stuffed with dollar bills make me a capitalist?
Afraid so, hand in your copy of Das Kapital at the door on your way out.

]]> By: David G http://www.dangerouscreation.com/2008/10/are-the-banks-safe/comment-page-1/#comment-1508 David G Tue, 07 Oct 2008 01:45:38 +0000 #comment-1508 If the financial world goes kaput they won't need copper pipe, Pangolin. I agree that holding dollar bills if there's hyperinflation won't help much either.<br /> <br /> Perhaps canned food might be the answer. At least you can eat that! If the financial world goes kaput they won’t need copper pipe, Pangolin. I agree that holding dollar bills if there’s hyperinflation won’t help much either.

Perhaps canned food might be the answer. At least you can eat that!

]]> By: Pangolin. http://www.dangerouscreation.com/2008/10/are-the-banks-safe/comment-page-1/#comment-1507 Pangolin. Tue, 07 Oct 2008 01:35:56 +0000 #comment-1507 Silver coin is the way to go or copper pipe. The coin is always useable as money even when the paper is spurned and copper pipe is easy to store and will maintain it's value over dozens of years. <br /> <br /> Some contractor will always buy pipe from you at a discount and copper isn't getting any cheaper. Also it's not immediately obvious to a thief or looter. <br /> <br /> Don't hold too much paper. Think Zimbabwe. Silver coin is the way to go or copper pipe. The coin is always useable as money even when the paper is spurned and copper pipe is easy to store and will maintain it’s value over dozens of years.

Some contractor will always buy pipe from you at a discount and copper isn’t getting any cheaper. Also it’s not immediately obvious to a thief or looter.

Don’t hold too much paper. Think Zimbabwe.

]]> By: David G http://www.dangerouscreation.com/2008/10/are-the-banks-safe/comment-page-1/#comment-1506 David G Mon, 06 Oct 2008 17:47:01 +0000 #comment-1506 Sound advice, Swan. Take care! Sound advice, Swan. Take care!

]]> By: swan http://www.dangerouscreation.com/2008/10/are-the-banks-safe/comment-page-1/#comment-1505 swan Mon, 06 Oct 2008 16:32:56 +0000 #comment-1505 Get a fireproof safe, so I've been advised.. Get a fireproof safe, so I’ve been advised..

]]> By: David G http://www.dangerouscreation.com/2008/10/are-the-banks-safe/comment-page-1/#comment-1504 David G Mon, 06 Oct 2008 13:31:03 +0000 #comment-1504 Phill, I don't mean to be alarmist but the point you make about the little people being the last to know is valid.<br /> <br /> Lucy, does laying on a mattress stuffed with dollar bills make me a capitalist?<br /> <br /> Adina, your Buddhist philosophy (which I share) is calming.<br /> <br /> Kvatch, you've just made my day!<br /> <br /> Cheers. Phill, I don’t mean to be alarmist but the point you make about the little people being the last to know is valid.

Lucy, does laying on a mattress stuffed with dollar bills make me a capitalist?

Adina, your Buddhist philosophy (which I share) is calming.

Kvatch, you’ve just made my day!

Cheers.

]]> By: Kvatch http://www.dangerouscreation.com/2008/10/are-the-banks-safe/comment-page-1/#comment-1503 Kvatch Mon, 06 Oct 2008 13:24:01 +0000 #comment-1503 Getting your money out of the banks is fine, as far as it goes. But what if the currency is worthless? This is the real fear, in my opinion. <br /> <br /> Black pepper anyone? Getting your money out of the banks is fine, as far as it goes. But what if the currency is worthless? This is the real fear, in my opinion.

Black pepper anyone?

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