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 FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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 Getting into Debt; with NO INTENTION of paying it back... bad idea? 
#15772646 - 02/07/12 09:54 AM (1 year, 3 months ago) |
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On the surface; it may seem like a stupid question... Of COURSE you don't do that; right?
well?
...Consider this, ...The money that you borrow from a CC isn't REAL. and if you don't pay it back; no body is coming up in negative...
Think about it; ...we (as a society) have let the GOVT decide morality... and they have concluded that burning a plant and inhaling its vapor is WRONG!!! ...but that borrowing money with no ways or means of paying it back is QUITE OKAY!!! in fact, they won't lock you up for it!!! ...so, wether or not its wrong; I could care less, I only care whats LEGAL! FEEL ME!?!
I don't give a shit about my "Credit" ...I'll never be able to afford the INTREST on the payments even if I WAS able to borrow it b/c the employment and wages around here are BULLSHIT!
...so what do you guys think? am I crazy? ...the way I see it, I'll be helping the economy!!!! b/c thats all our economy is... CONSUMPTION!
AND DONT EVEN GET ME STARTED ON THIS MOVIE!!!.... (and all that it implies)
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 focker919
Stranger
Registered: 05/06/11
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15772703 - 02/07/12 10:11 AM (1 year, 3 months ago) |
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I think you might want to brush up on your economics...the money you borrow from a credit card is very, very real - if it wasnt you wouldnt be able to buy anything with it. You have a grain of truth in the idea that the CC system is set up with the CC company in mind and not the consumer, and that your debt to them is a drop in the bucket the CC company will never miss. But at the end of the day, you use credit to buy goods with real, quantifiable value. If you dont pay for that credit, someone is, and rest assured it wont be the CC company eating the loss (itll be your fellow 99%).
And as for the legality of it, just because you wont go to jail doesnt make something legal. And you can get thrown in jail if the court feels you intentionally used credit with no intent to pay it back - that makes it straight theft.
*now all that said, ive seriously considered the same question myself many a time...get a few thousand dollars of fun/goods for not being able to get another credit card for 7 years doesnt sound like too bad a deal at first glance*
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XUL
Optimist
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Posts: 7,682
Last seen: 23 hours, 40 minutes
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower] 1
#15772706 - 02/07/12 10:12 AM (1 year, 3 months ago) |
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I just feel bad for you. You are throwing away a tool that can help you establish a grand future. "credit"
Quote:
I don't give a shit about my "Credit" ...I'll never be able to afford the INTREST on the payments even if I WAS able to borrow it b/c the employment and wages around here are BULLSHIT!
America is a great place for opportunity as long as you are not lazy. Who knows what you want to buy but before you go and do something stupid take a look at this..
Lets say you are working at mcdonalds making min wage and just scrapping by. Yet you want toys or you have dreams. Well dont throw out your future just because you have a low paying job.
What you want to do is work 2 jobs for 2 years and save all the money you earn from your second job. During those two years you should "establish credit". That means you should make small purchases here and there and be sure to make your payments on time and in full. Doing that will build up your credit.
Now you have some cash in an account and you have some credit.
So now (if you are mature enough to strap down and study) you put all your saved money down on one year of college at an established university. Before you go to school you fill out your FAFSA form and you probably get free money for school. If you absolutely have to then you take out a loan (which you should be able to since you established credit. I would suggest using the credit union PSECU or something like it). When you are going to school you will work 20 or more hours per week, which earns you food stamps and free books from the assistance office. During the summer(or longer if you have to) you work 2 jobs again and save for more college. Repeat this as many times as needed. Most people find a way to get through 4 years of college on grants and or loans but it is VERY possible to pay for cash ( I am doing it ).
After you get your bachelors degree then start saving for your masters degree. Get your masters and get a nice job, buy some toys, keep establishing credit, blow some wads at the bar, and start a family or whatever the hell you like to do.
Personally I talk to a lot of people who sit around and feel sorry for themselves because they have a low paying job and therefor have no future(I used to be one of them). Its a bunch of shit. Its a pity party with intention to justify being a moron.
All you have to do is sacrifice 2-3 years to hard work in order to build your way up. Its a small price to pay for financial success, knowledge, and life experience.
Be an idiot, make a bunch of excuses, and throw your life away if you want. or strap down and work your way to the top like a man.
Edited by XUL (02/07/12 10:17 AM)
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Almond Flour
Registered: 12/26/08
Posts: 9,102
Last seen: 22 days, 17 hours
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: XUL]
#15772783 - 02/07/12 10:39 AM (1 year, 3 months ago) |
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Gonna agree with XUL on this one. DOnt fuck up your credit, escecially for the amount your talking about. Im guessing someone with your mindset doesnt have much "CREDIT" on his card to begin with  That means youll be throwing away a couple thousand dollars in order to ruin a valuable tool. Sorry but its a fail idea.
I get thousands of dollars for free by simply attending school! Dont be a fool and fuck around with your credit, it will bite you in the ass
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In other words, thinking outside the box might be facilitated by having a somewhat less intact box. -Random Doctor 
Women who seek to be equal with men lack ambition -Timothy Leary
Everyone has their own unique brand of toxic psychosis -Alexander Shulgin 
living forever would be a terrible curse if there were not also quality of life to match it.  -Unknown
There may be flies on you and me, but there are no flies on Jesus -Hunter Thompson
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Almond Flour]
#15772883 - 02/07/12 11:05 AM (1 year, 3 months ago) |
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dude... FUCK COLLEGE!!!!
...and no one said anything about the other video I posted about the "The Dollar Bubble" (in OP)
...Either you're oblivious to these things; or? in denial about how fuctdup shit has gotten... "Dreams" ..."Goals" "Aspirations" ...lol ..."Start a family" ...there's no time for any of that...
the middle class is disappearing faster than a line on a crackheads plate...
...I don't give a shit about my credit... I don't give a shit about anything... just give me my disability check, let me play my Xbox360, Forget Pussy; thats why I gotta fleshlight... I'm just trying to make myself comfortable and spend time with my family b/c the 1st thing they will do is separate me from them when they put us into labor camps...
IDK? hell, don't listen to me, I'm depressed... unemployment and lack of sex will fuckin DESTROY A MAN from the inside out!!!
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geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙
Registered: 05/08/01
Posts: 17,709
Loc: city of angels 
Last seen: 4 days, 19 hours
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 Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: XUL]
#15772912 - 02/07/12 11:10 AM (1 year, 3 months ago) |
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Great post XUL. FellowGrower, pull it together man, you're falling apart. 
As for your video, while there is a strong fundamental basis to support strong inflation as we roll forward in time, do not underestimate how long the powers that be can maintain a status quo. For all you and I know, the idea of hyperinflation may not occur in our lifetime. So while you can be mindful of the potential and do your best to prepare yourself through diversification into hard assets, I would never bank on something like hyperinflation occurring for certain, is all I'm saying.
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┼ ··∙ long live the shroomery ∙·· ┼
...╬π╥  ╥π╬...
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Almond Flour
Registered: 12/26/08
Posts: 9,102
Last seen: 22 days, 17 hours
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15772929 - 02/07/12 11:14 AM (1 year, 3 months ago) |
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Quote:
FellowGrower said:
dude... FUCK COLLEGE!!!!
...and no one said anything about the other video I posted about the "The Dollar Bubble" (in OP)
...Either you're oblivious to these things; or? in denial about how fuctdup shit has gotten... "Dreams" ..."Goals" "Aspirations" ...lol ..."Start a family" ...there's no time for any of that...
the middle class is disappearing faster than a line on a crackheads plate...
...I don't give a shit about my credit... I don't give a shit about anything... just give me my disability check, let me play my Xbox360, Forget Pussy; thats why I gotta fleshlight... I'm just trying to make myself comfortable and spend time with my family b/c the 1st thing they will do is separate me from them when they put us into labor camps...
IDK? hell, don't listen to me, I'm depressed... unemployment and lack of sex will fuckin DESTROY A MAN from the inside out!!!
one of those guys eh? 
just sitting ang praying for the end days so you dont have to put effort into your life
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In other words, thinking outside the box might be facilitated by having a somewhat less intact box. -Random Doctor
Women who seek to be equal with men lack ambition -Timothy Leary
Everyone has their own unique brand of toxic psychosis -Alexander Shulgin
living forever would be a terrible curse if there were not also quality of life to match it. -Unknown
There may be flies on you and me, but there are no flies on Jesus -Hunter Thompson
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Anonymous
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15773270 - 02/07/12 12:44 PM (1 year, 3 months ago) |
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.
Edited by Anonymous (03/12/12 02:49 PM)
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DieCommie
El Guapo
Registered: 12/11/03
Posts: 25,374
Loc: Street of Dreams
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15773299 - 02/07/12 12:52 PM (1 year, 3 months ago) |
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Plenty of people do it with student loans, I will likely never fully pay back my student loans. Not much to be gained by doing it with a credit card though.
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Almond Flour
Registered: 12/26/08
Posts: 9,102
Last seen: 22 days, 17 hours
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: DieCommie]
#15774425 - 02/07/12 05:20 PM (1 year, 3 months ago) |
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Quote:
DieCommie said:
Plenty of people do it with student loans, I will likely never fully pay back my student loans. Not much to be gained by doing it with a credit card though.
Hows it work? 25 years of payments then they drop it 
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In other words, thinking outside the box might be facilitated by having a somewhat less intact box. -Random Doctor
Women who seek to be equal with men lack ambition -Timothy Leary
Everyone has their own unique brand of toxic psychosis -Alexander Shulgin
living forever would be a terrible curse if there were not also quality of life to match it. -Unknown
There may be flies on you and me, but there are no flies on Jesus -Hunter Thompson
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I R Crankey
happiness is a warm gun.
Registered: 01/03/10
Posts: 1,738
Loc: Europe, Canada 
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Almond Flour]
#15774694 - 02/07/12 06:22 PM (1 year, 3 months ago) |
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Quote:
I get thousands of dollars for free by simply attending school!
how?
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Almond Flour
Registered: 12/26/08
Posts: 9,102
Last seen: 22 days, 17 hours
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: I R Crankey]
#15774716 - 02/07/12 06:27 PM (1 year, 3 months ago) |
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Quote:
Wut a Twist said:
Quote:
I get thousands of dollars for free by simply attending school!
how?
pell grant
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In other words, thinking outside the box might be facilitated by having a somewhat less intact box. -Random Doctor
Women who seek to be equal with men lack ambition -Timothy Leary
Everyone has their own unique brand of toxic psychosis -Alexander Shulgin
living forever would be a terrible curse if there were not also quality of life to match it. -Unknown
There may be flies on you and me, but there are no flies on Jesus -Hunter Thompson
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DieCommie
El Guapo
Registered: 12/11/03
Posts: 25,374
Loc: Street of Dreams
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Almond Flour]
#15775163 - 02/07/12 07:49 PM (1 year, 3 months ago) |
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Quote:
Ethnobotanical said:
Quote:
DieCommie said:
Plenty of people do it with student loans, I will likely never fully pay back my student loans. Not much to be gained by doing it with a credit card though.
Hows it work? 25 years of payments then they drop it
Nah, just low enough payments and a high enough balance svuuch that it will outlive me. 
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meams
Blessed
Registered: 01/11/05
Posts: 17,497
Loc: In a Tree
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: DieCommie]
#15775300 - 02/07/12 08:11 PM (1 year, 3 months ago) |
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OP: bad idea.
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Almond Flour]
#15776421 - 02/07/12 11:29 PM (1 year, 3 months ago) |
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 ...did anyone watch even a PART of the movie I posted? either about college or the dollar bubble...??
...Those movies are (essentially) what "I'm Saying" ...so? its like, I hear what Ya'll are saying, but, YOU arn't hearing what I'M SAYING!
Quote:
Ethnobotanical said:
Quote:
FellowGrower said:
dude... FUCK COLLEGE!!!!
one of those guys eh?
just sitting ang praying for the end days so you dont have to put effort into your life
Uh... ...at this LATE hour in the industrial revolution; this countdown to peak oil, these last years before the ice caps melt entirely...these last couple months that the US dollar maintains its dignity while other markets crash left and right... are no time to be making a 5 year plan... this "WHat do I want to be when I grow up" shit... its BULLSHIT. we're like 1 or 2 natural disasters away from martial law... The will of the people is being TRAMPLED by their elected officials at epic proportions. but, hey, there's still hope?! right?!?! we're gonna see a brighter tommorow!? right?!  12 trillion in debt will be paid back?! right? ...all those jobs we sent to China; they're coming back! right?! soon! right? lol... "They call it the American Dream b/c you have to be asleep to believe in it" -Gorge Carlin (RIP)
Edited by FellowGrower (02/07/12 11:32 PM)
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Almond Flour
Registered: 12/26/08
Posts: 9,102
Last seen: 22 days, 17 hours
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15776625 - 02/08/12 12:02 AM (1 year, 3 months ago) |
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Quote:
FellowGrower said:
...did anyone watch even a PART of the movie I posted? either about college or the dollar bubble...??
...Those movies are (essentially) what "I'm Saying" ...so? its like, I hear what Ya'll are saying, but, YOU arn't hearing what I'M SAYING!
Quote:
Ethnobotanical said:
Quote:
FellowGrower said:
dude... FUCK COLLEGE!!!!
one of those guys eh?
just sitting ang praying for the end days so you dont have to put effort into your life
Uh... ...at this LATE hour in the industrial revolution; this countdown to peak oil, these last years before the ice caps melt entirely...these last couple months that the US dollar maintains its dignity while other markets crash left and right... are no time to be making a 5 year plan... this "WHat do I want to be when I grow up" shit... its BULLSHIT. we're like 1 or 2 natural disasters away from martial law... The will of the people is being TRAMPLED by their elected officials at epic proportions. but, hey, there's still hope?! right?!?! we're gonna see a brighter tommorow!? right?! 12 trillion in debt will be paid back?! right? ...all those jobs we sent to China; they're coming back! right?! soon! right? lol... "They call it the American Dream b/c you have to be asleep to believe in it" -Gorge Carlin (RIP)
Dude you and every other shmuck for the last 2000 years has been saying this crap.
THe End is near
Look how horrible things are
Omg the economy 
Time to wake up and actually put EFFORT into you life. Ok the world may end tommarow, but it might not! And if it doesnt ill be the one with a steady job, fucking my hot wife, and watching my family grow up while you pump gas renting a room in the slums trying to rebuild your credit by renting redbox movies on your $100 limit credit card to try and turn back the clock of your stupid mistakes .
We were all 18 once bro. I know its a shitty age, but things are no worse now then they have been in the past. I dont see germans matching down the street killing MY grandparents. I dont see the vast majority standing out in the snow trying to get moldy bread because of the great recession 
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In other words, thinking outside the box might be facilitated by having a somewhat less intact box. -Random Doctor
Women who seek to be equal with men lack ambition -Timothy Leary
Everyone has their own unique brand of toxic psychosis -Alexander Shulgin
living forever would be a terrible curse if there were not also quality of life to match it. -Unknown
There may be flies on you and me, but there are no flies on Jesus -Hunter Thompson
Edited by Almond Flour (02/08/12 12:03 AM)
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Bambi
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15776686 - 02/08/12 12:18 AM (1 year, 3 months ago) |
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Not to be overly rude, but you don't seem to know all of what youre talking about. While we have lost jobs to China, it is still debatable who has a higher manufacturing rate. Also, there is speculation that the US will be energy independent by the end of next year and that we will begin to export energy. With excess energy it will become cheaper to run factories than in some other places, thus creating more jobs. The combination of more manufacturing and the sale of energy could be the start needed to help turn around this debt.
While yes, there is a good chance what youre talking about could occur at some time there is no guarantee it could happen anytime soon. Optimistics still have a some hope to hold on to where the US could potentially turn its self around. And no, i didnt click on your links.
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Almond Flour
Registered: 12/26/08
Posts: 9,102
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Bambi]
#15776700 - 02/08/12 12:23 AM (1 year, 3 months ago) |
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Quote:
Bambi said:
Not to be overly rude, but you don't seem to know all of what youre talking about. While we have lost jobs to China, it is still debatable who has a higher manufacturing rate. Also, there is speculation that the US will be energy independent by the end of next year and that we will begin to export energy. With excess energy it will become cheaper to run factories than in some other places, thus creating more jobs. The combination of more manufacturing and the sale of energy could be the start needed to help turn around this debt.
While yes, there is a good chance what youre talking about could occur at some time there is no guarantee it could happen anytime soon. Optimistics still have a some hope to hold on to where the US could potentially turn its self around. And no, i didnt click on your links.
Theres no reason with these types of people. They WANT the world to end so they can justify stupid shit like throwing away important resources for 2k worth of cash
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In other words, thinking outside the box might be facilitated by having a somewhat less intact box. -Random Doctor
Women who seek to be equal with men lack ambition -Timothy Leary
Everyone has their own unique brand of toxic psychosis -Alexander Shulgin
living forever would be a terrible curse if there were not also quality of life to match it. -Unknown
There may be flies on you and me, but there are no flies on Jesus -Hunter Thompson
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Bambi
Stranger
Registered: 03/23/09
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Almond Flour]
#15777046 - 02/08/12 01:45 AM (1 year, 3 months ago) |
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haha yeah, but just figured id post, i could use the extra posts for my tiny post count
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Anonymous
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower] 4
#15777087 - 02/08/12 01:55 AM (1 year, 3 months ago) |
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Edited by Anonymous (03/12/12 02:49 PM)
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zappaisgod
horrid asshole
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Last seen: 15 hours, 10 minutes
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15780014 - 02/08/12 06:45 PM (1 year, 3 months ago) |
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Can I borrow some money from you? How much you got? I'll take anything.
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meams
Blessed
Registered: 01/11/05
Posts: 17,497
Loc: In a Tree
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Anonymous]
#15780417 - 02/08/12 08:09 PM (1 year, 3 months ago) |
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Quote:
Script said:
Maybe your life plan shouldn’t be based on one YouTube video...
DING DING DING
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Anonymous
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: meams]
#15781715 - 02/09/12 12:47 AM (1 year, 3 months ago) |
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Quote:
Dude you and every other shmuck for the last 2000 years has been saying this crap.
THe End is near
Look how horrible things are
Omg the economy
Time to wake up and actually put EFFORT into you life. Ok the world may end tommarow, but it might not! And if it doesnt ill be the one with a steady job, fucking my hot wife, and watching my family grow up while you pump gas renting a room in the slums trying to rebuild your credit by renting redbox movies on your $100 limit credit card to try and turn back the clock of your stupid mistakes .
We were all 18 once bro. I know its a shitty age, but things are no worse now then they have been in the past. I dont see germans matching down the street killing MY grandparents. I dont see the vast majority standing out in the snow trying to get moldy bread because of the great recession
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cateyes
Registered: 12/16/03
Posts: 2,754
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 Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower] 2
#15782783 - 02/09/12 10:49 AM (1 year, 3 months ago) |
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well i watched the video bro and learned a few things i was unaware of, for instance the true nature of the cash for clunkers. many people here are going to be caught totally off guard. the fed has been printing and injecting up to 100 billion dollars per month into our economy and it never even comes close to developing any type of real velocity. the people in your video are some of the best managers of personal wealth in the world and all of them have invested in China after fighting for years against this odd trend. Rodgers family has moved to China and his grandchildren are learning how to speak Chinese as we speak!  there is so much ignorance to just how serious things are in our economy and it all started when Nixon took us off the gold standard.
an education is key but a solid trade school is where it is really at, fucking college is a joke. there are young engineers out of college who can't find work with out experience. why pay someone out of school with no experience X amount of dollars when an engineer with years of experience is willing to take a 30-40% cut in pay just to have a job!!! the people in this thread really need to watch the video, but they won't out of fear it will run head on into their own belief system. no manufacturing job will ever return until the American worker is willing to work for what ever an Asian worker will be working for at that point in time and right now the average Asian worker makes about 2.00 an hour, many much less... AND WITHOUT BENEFITS!!! OR PENSION PROGRAMS!!! Steve Jobs was once asked when will apple manufacturing jobs return to America and he said never...
WHAT IS WRONG WITH OUR SYSTEM WHEN A BANK CAN BORROW AT .25% INTEREST AND CHARGE 23%, BECAUSE THIS IS WHAT HAPPENED TO MY MOTHER IN LAW WHO HAS PERFECT CREDIT! SHE DIDN'T READ THE FINE PRINT ONE BILLING STATEMENT ACCORDING TO THE PERSON MY WIFE TALKED TO AND HER RATES WENT FROM 12%, WHICH IS ROBBERY TO 23% AND LIKE I SAID SHE WAS NEVER LATE ON A SINGLE PAYMENT... WE PAID HER DEBT OF ABOUT 4800.00 AND RIPPED UP HER CARD AND SHE'S LIVING OFF A DEBIT CARD NOW AND MY WIFE HANDLES ALL OF HER FINANCES...
we are the banks yet the bankers are screwing us hard core. in the end the Chinese will come in and buy up America at 10 cents on the dollar and this is going to happen much sooner then later... why do people think Ben Bernanke was given the job? because he's considered an expert on the great depression and all of his policies are text book Bernanke thesis and he's failing so miserably it is fucking scary. ANYONE WHO THINKS THERE ARE GOING TO BE LOTS AND LOTS OF JOBS FOR SPORTS PHYSIOLOGISTS IS SMOKING CRACK! 
if i were you i'd go to a solid trade school and consider studying HVAC/R because as i write this local 475 steam fitters has hundreds of fitters out of work but the B book service group is starving for qualified mechanics and you can take those skills and move any where in the world that you can speak the native language because a well built mechanical system is the same here as it is any where in the world. you're not ignorant to the world and the way it's working but there will be opportunities elsewhere while this economy flounders and falls flat...
people here need to watch the video before coming to any conclusion things are hunky dorey... and by the way, your second link, even though it was only a day old has been pulled by the university that posted it!!! very telling... i wonder what was in it... hang in there man and seriously consider trade school, i suspect you may qualify for grants and if you are i'd like to try and help you locate them... do not take out a student loan... most student loans are controlled by Chinese banks fronted by american lenders... the Chinese worked out a sweet deal where you can not default on a student loan... Niiiice!!!! our leaders did this, the same leaders that claim social security is to blame for all of our problems... the same ones who believe Bernanke when he says we can hyper inflate the dollar our way out of debt... by the way, the debt is quite a bit higher then you realize, but that's cool because no one here corrected you. anyone who owes on their home and doesn't have funds available will lose them once this economy collapses and it will collapse...
my dad has been a subscriber to many news letters including Stratfor and the infamous gloom boom and doom report and they all say the shell game is just about over, it kills me to listen to the same people who told you to study economics told me the same thing weeks ago in another forum until i proved they knew very little. they rave about bush but fail to point out the S&P 500 dropped 40% under bush even after he gave them the sweet deal regarding capital gains. people don't realize lowering capital gains gave big money more of an incentive to play zero sum.... now that comment is going to raise the hair on the back of a few necks here just because i never demonstrated it was in the 20 year time frame they proposed, which is laughable when you consider the precipitous drop that occurred at specific time frames... the market is in general a ponzi scheme and many here are going to learn just exactly what i mean. i'm preparing a trading account specifically to short the markets. look at a 100+ year chart before you tell me to look at a 20 year chart and ask yourself why did things begin to take off under Clinton, and don't say it was because he and congress balanced the budget, because that would be foolish and if that were the case why are the markets hovering instead of collapsing. this illusion that the markets are a reflection of our economy is laughable to say the least... if we couldn't print money we'd be third world over a decade ago, this is what Stratfor has said recently. we have a room full of economists here, well i've already said in another forum the economists that i respect are saying that good old Ben was the nail in the coffin just like the money managers in your video said...
People are very afraid to admit what you're putting out there dude... I'd like to try and help you locate grants to go to school on the fly, they're still out there from what i've been told.
talking about this is quite like pissing into a fan set on high trying to convince someone to take real head... people need to watch the entire video to fully understand just a fraction of what they are really up against, this video just scratches the surface you know? you do realize this? this video is tame compared to the warnings from Stratfor!!!
PeaCe2U my friend for trying your best to shake people up a bit... they'll think back to this day and think damn, i should have run up my credit cards!!! why the fuck not? the bankers have been doing it for decades... i subscribe to the economist electronically and the things they said last month would make half these peeps piss in their drawers... we've got ton's of bernies out there just waiting to go POP!
K~~~ 
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qman
Stranger
Registered: 12/07/06
Posts: 3,514
Last seen: 18 hours, 9 minutes
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Bambi]
#15782908 - 02/09/12 11:30 AM (1 year, 3 months ago) |
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Quote:
Bambi said:
Not to be overly rude, but you don't seem to know all of what youre talking about. While we have lost jobs to China, it is still debatable who has a higher manufacturing rate. Also, there is speculation that the US will be energy independent by the end of next year and that we will begin to export energy. With excess energy it will become cheaper to run factories than in some other places, thus creating more jobs. The combination of more manufacturing and the sale of energy could be the start needed to help turn around this debt.
While yes, there is a good chance what youre talking about could occur at some time there is no guarantee it could happen anytime soon. Optimistics still have a some hope to hold on to where the US could potentially turn its self around. And no, i didnt click on your links.
"There is speculation that the US will be energy independent at the end of next year" "and we will begin to export energy"
With all due respect, you do not know what you all talking about, where did you get this information?
We import over 15 million barrels of oil per day, where are we going to get this oil from, and then export the rest of it? Please do some research before typing this junk, and do some economic study while you are at it, unreal.
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: qman]
#15783823 - 02/09/12 03:31 PM (1 year, 3 months ago) |
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that comment cracked me up... it didn't even deserve an answer... at first i thought it was some kind of joke then i read his other posts and i said damn, this dude is serious! we are fucked... we should have gone as high tech as possible in nuclear energy and began to recycle spent fuel, but it just wasn't profitable to do this, everything was based on profit margins and now we are going top pay dearly. weez gonna be energy independent expworters next year!!! WEeeeeee!!!! more jobs due to lower energy costs!!! the job creators are finally going to stop creating jobs overseas and come back to an energy independent US!!!!!! YAY!!!! 
and why didn't anyone here correct that statement? or does everyone else here believe we will be energy independent next year too? the Koch brothers Canada oil sands deal is blowing up in their face it seems. how the hell did the Koch brothers get into a position of this type of power anyway? these guys are as rotten as they come... fully funding the tea party movement in order to create enough ground support to prevent taxes from being raised on them!!! awesome genius depending on the complete lack of knowledge on the part of the middle class struggling to hold onto what they have left. evil genius that is!
(edit) this poster knows something trained geologists are unaware of yet......................................
Kensho 
Edited by cateyes (02/09/12 03:49 PM)
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Bambi
Stranger
Registered: 03/23/09
Posts: 1,056
Last seen: 7 hours, 52 minutes
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15784096 - 02/09/12 04:29 PM (1 year, 3 months ago) |
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did i ever say oil independent? no. dont assume shit and then bash because of your false pretenses.
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Edited by Bambi (02/09/12 04:41 PM)
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Zulu The Most High
Soul Adventurer
Registered: 10/02/11
Posts: 825
Loc: Colorado
Last seen: 8 hours, 3 minutes
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Bambi]
#15784128 - 02/09/12 04:37 PM (1 year, 3 months ago) |
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Trust me, youll regret it in the future.
And the courts can choose to take a fixed amount of your paycheck, every time, until you pay what you owe.
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"I fly off the deep end and drown in the sweets man."
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c1dh3d
The elephant is BACK
Registered: 07/15/08
Posts: 4,640
Loc:
Last seen: 13 hours, 14 minutes
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: qman]
#15784294 - 02/09/12 05:24 PM (1 year, 3 months ago) |
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People at my work have done this, and still have piles of bills they can't pay, and regret the shit out of it because now they have a decent job and cannot get a car or apartment. They have creditors calling them all day at work, payday is like a kick in the nuts to them, they are all hurting pretty bad from racking up debt.
Do not fuck yourself, you will thank yourself later.
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qman
Stranger
Registered: 12/07/06
Posts: 3,514
Last seen: 18 hours, 9 minutes
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Bambi]
#15784349 - 02/09/12 05:35 PM (1 year, 3 months ago) |
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Quote:
Bambi said:
did i ever say oil independent? no. dont assume shit and then bash because of your false pretenses.
You are the one assuming, you make a generalization by using the term "energy", what energy? We are oil dependent, we import almost half of our oil. We will never be oil dependent, ever, anyone that understands the oil markets knows this information.
Oil is almost $100 per barrel, and gasoline around $3.50 per gallon, oil production growth is flat and stuck around 80 million barrels per day, even in a global slowdown, demand remains firm. We should expect even higher prices in the short and long term.
There is no "excess energy", prices of all commodities continue to move higher as the dollar loses value, check out your food and energy bills, they tell the story.
As far as manufacturing jobs, we continue to export even more jobs overseas, nothing as changed, manufacturing jobs will not come back to this country, your government OK's this process, ever wonder why no politician will even discuss this issue?
So go ahead and put your head in the sand and think that oil is going back to $25 per barrel, and we will have excess energy. Some also think that the 10 million manufacturing jobs are coming back, and we will even pay back our $16 trillion, it's never going to happen.
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meams
Blessed
Registered: 01/11/05
Posts: 17,497
Loc: In a Tree
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15784527 - 02/09/12 06:19 PM (1 year, 3 months ago) |
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Quote:
cateyes said:
the fed has been printing and injecting up to 100 billion dollars per month into our economy and it never even comes close to developing any type of real velocity.
WHAT IS WRONG WITH OUR SYSTEM WHEN A BANK CAN BORROW AT .25% INTEREST AND CHARGE 23%, BECAUSE THIS IS WHAT HAPPENED TO MY MOTHER IN LAW WHO HAS PERFECT CREDIT! SHE DIDN'T READ THE FINE PRINT ONE BILLING STATEMENT ACCORDING TO THE PERSON MY WIFE TALKED TO AND HER RATES WENT FROM 12%, WHICH IS ROBBERY TO 23% AND LIKE I SAID SHE WAS NEVER LATE ON A SINGLE PAYMENT... WE PAID HER DEBT OF ABOUT 4800.00 AND RIPPED UP HER CARD AND SHE'S LIVING OFF A DEBIT CARD NOW AND MY WIFE HANDLES ALL OF HER FINANCES...
1: the fed can continue printing 100B every month and not generate inflation BECAUSE there is no velocity.
2: your mother in law managed to build perfect credit but was too lazy to read the fine print on her contract? seems suspicious. not to mention the paragraph of block capital letters.
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Anonymous
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15784629 - 02/09/12 06:41 PM (1 year, 3 months ago) |
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.
Edited by Anonymous (03/12/12 02:48 PM)
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Bambi]
#15785197 - 02/09/12 08:45 PM (1 year, 3 months ago) |
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Quote:
Bambi said:
did i ever say oil independent? no. dont assume shit and then bash because of your false pretenses.
YES U DID!!! you more then hinted at it by implying that we will be producing enough energy where we will be so cheaper to run factories, so much so this will create new jobs!!! NATURAL GAS???? HA HA HA HA!! yeah right! and then that we will be exporting energy!!! that this boom in independence will create more jobs!!! do you even understand the definition of pretense? these were your words, not mine........ and now i love the way you try and qualify it by saying you didn't use the word oil... well then i guess you're now implying we will still be importing, what did qman say? 15 million barrels of oil per day? so we're going to become energy independent while still consuming 15 million barrels a day? even if we import half of that we are far from energy independent!
VVVVVVVVVV LOOK AT WHAT YOU SAID!!! VVVVVVVVVV
Quote:
Bambi said:
Not to be overly rude, but you don't seem to know all of what youre talking about. While we have lost jobs to China, it is still debatable who has a higher manufacturing rate. Also, there is speculation that the US will be energy independent by the end of next year and that we will begin to export energy. With excess energy it will become cheaper to run factories than in some other places, thus creating more jobs. The combination of more manufacturing and the sale of energy could be the start needed to help turn around this debt.
While yes, there is a good chance what youre talking about could occur at some time there is no guarantee it could happen anytime soon. Optimistics still have a some hope to hold on to where the US could potentially turn its self around. And no, i didnt click on your links.
Not to be overly rude, but you don't seem to know all of what you're talking about. have you ever walked around your house and looked at what was made where? look at the label on your underwear, look at all of the appliances, look at your furniture, look at anything you want to. you're appl;e computer is made in China, although some of their products are assembled in the US, all PC's are from outside of the US. our manufacturing base has been decimated, c-span 2 is running nostalgic speeches and the ones from Ross Perot are so telling..... he warned about the HUGE SUCKING SOUND!!! yes, shit is made here, but the only thing we export are planes and bombs and some of those factories have moved in order to bust the UNION's BACK!!! do you read the paper? sure we sell some cars but the trade deals that led to these QUOTA's are so lopsided that they buy our cars in order to import ten fold measures of theirs! you gotta love our slick legislators. i wonder how many of these jerk offs have swiss bank accounts set up? surely they can't be passing these laws for free!?! debatable? how so?
Ahhhh... here we go, the meat and potatoes of your pretense... "the US will be energy independent by the end of next year"... you did use the word SPECULATE... well this implies someone said this... well show me who said this and i'll produce 100's of articles that say otherwise!!!
Quote:
While yes, there is a good chance what youre talking about could occur at some time there is no guarantee it could happen anytime soon. Optimistics still have a some hope to hold on to where the US could potentially turn its self around. And no, i didnt click on your links.
well awesome that you admit there is a GOOD CHANCE you chose to be a head in the sand OPTIMIST... you have no clue really what our nation is facing do you? because you didn't extend the courtesy to watch OP's video yet you had the nerve to tell him he didn't know what he was talking about and claim i was posting under some pretense! you're attitude is laughable and will kick you in the teeth one day... i hope everything you own is completely paid for, this is all i have to say... i took steps in 2006, how about you? and i didn't jump the gun either... this has been unfolding for decades and the time has finally arrived my friend...
good luck!  once our dollar is no longer the oil trade currency it will cause such a frigging calamity here and a basket of currencies being used is on the horizon. there is so much more i can say to you but i'll leave it at that...
K~~~
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: meams]
#15785349 - 02/09/12 09:25 PM (1 year, 3 months ago) |
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Quote:
meams said:
Quote:
cateyes said:
the fed has been printing and injecting up to 100 billion dollars per month into our economy and it never even comes close to developing any type of real velocity.
WHAT IS WRONG WITH OUR SYSTEM WHEN A BANK CAN BORROW AT .25% INTEREST AND CHARGE 23%, BECAUSE THIS IS WHAT HAPPENED TO MY MOTHER IN LAW WHO HAS PERFECT CREDIT! SHE DIDN'T READ THE FINE PRINT ONE BILLING STATEMENT ACCORDING TO THE PERSON MY WIFE TALKED TO AND HER RATES WENT FROM 12%, WHICH IS ROBBERY TO 23% AND LIKE I SAID SHE WAS NEVER LATE ON A SINGLE PAYMENT... WE PAID HER DEBT OF ABOUT 4800.00 AND RIPPED UP HER CARD AND SHE'S LIVING OFF A DEBIT CARD NOW AND MY WIFE HANDLES ALL OF HER FINANCES...
Quote:
1: the fed can continue printing 100B every month and not generate inflation BECAUSE there is no velocity.
ohh your such a brilliant economist! these queer rules/formula's in economics... well what exactly is happening with this money? these inflation figures we're handed are beyond perverse! why has food and energy and commodities like cotton and industrial metals been removed from the inflation equation? do you buy food? have you noticed that the cost of food has gone up 50% or better in many cases during the brief period Obama has been in office alone? fuck what happened under bush! i'm just going to work on some inflation figures under Obama and post a new thread and allow your genius to explain where i'm wrong... OK? deal Mr economist? Mr Harvard business school of economics? i noticed your not unnerved that the fed has to print 100 billion a month to prop up what's going down. Mr Ben is in way over his head and his thesis on the great depression is proving to be quite the pile of dog shit it was back then that it is now... when he testifies, and he's been testifying a lot lately, he can never give a straight fucking answer... when i'm home and working at my desk i have any one of the three c-span channels on constantly and only take one break from it and that is when ELLEN is on because i love that lesbian...
you're a funny economist...
Quote:
2: your mother in law managed to build perfect credit but was too lazy to read the fine print on her contract? seems suspicious. not to mention the paragraph of block capital letters.
a 69 year old woman is TOO LAZY to read the details of fluff that comes with every bill and one day they actually send something relevant and it is her fault that they have the right to raise rates... U R really acting pathetic now in relation to defending the credit card companies, the same companies that borrow at .25% and charge 23% what a beautiful scam this is that they can go belly up and we bail them out to the tune of 12.8 trillion dollars in cumulative deals instead of the 1.2 trillion they are admitting to yet you defend the credit card companies trying to screw my mother in law... awesome! what is so suspicious about an old lady not being suspicious of her credit card company? should she have been suspicious? very telling dude, very telling.........
and why was it in bold? TO MAKE A FUCKING POINT!!!!!!!! TO DRIVE HOME AN IDEA!!!!! TO POINT OUT THAT THIS IS COMPLETELY UNACCEPTABLE AND BEYOND PERVERSE!!!!! DUH!
K~~~
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15785845 - 02/09/12 11:11 PM (1 year, 3 months ago) |
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If Ya'll ONLY KNEW HOW DEEP THE RABBIT HOLE GOES!!!...
Lets talk about Hope, b/c thats whats the issue at hand here;
What is hope? How do you get it? and where does it COME FROM?
lets consider some hypotheticals... Girl studies for a test; she HOPES she does good on it. This is a healthy hope; as it is based on solid evidence that there might be a chance... (She did all she could do) 
but Lets Take a Girl that DIDN'T study;  SHe stayed up all night  gettin tooted; and the next day took pills 
...she ALSO HOPES she does good on the test... but, why would she? she didn't even try to study?! Her HOPE was a NEGATIVE hope based on; and stemming from delusions Stubborness Pridefulness and misinformation. 
PS: (if you're still reading this) (bless your  ) I wish I had time to read everyones comments but; its cutting into my nap time...(all this reading)...
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Hashishins
Mind Manifesting
Registered: 07/27/10
Posts: 342
Loc: Psychedelic State
Last seen: 12 hours, 49 minutes
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15785926 - 02/09/12 11:33 PM (1 year, 3 months ago) |
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ya do it if you never want to buy a house, get loans ext.
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c1dh3d
The elephant is BACK
Registered: 07/15/08
Posts: 4,640
Loc:
Last seen: 13 hours, 14 minutes
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15785935 - 02/09/12 11:36 PM (1 year, 3 months ago) |
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Jobs, apartments, banks, everyone does credit checks now as a testament of a persons reliability / character - why the fuck would you want to smudge your character for the rest of your life?
An old friend of mine lost a job offer of close to 100k/year after he just finished his degree, because he failed the credit check they did, and to this day still works overnights at a hotel as a third job.
Do not listen to loosely connected analogies, do not bank on the world collapsing tomorrow, and do not fuck up your entire future. You will hate yourself for it down the road.
Do not fuck up your entire future over a short-lived shopping spree.
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Bambi
Stranger
Registered: 03/23/09
Posts: 1,056
Last seen: 7 hours, 52 minutes
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15786048 - 02/10/12 12:09 AM (1 year, 3 months ago) |
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Quote:
cateyes said:
Quote:
Bambi said:
did i ever say oil independent? no. dont assume shit and then bash because of your false pretenses.
YES U DID!!! you more then hinted at it by implying that we will be producing enough energy where we will be so cheaper to run factories, so much so this will create new jobs!!! NATURAL GAS???? HA HA HA HA!! yeah right! and then that we will be exporting energy!!! that this boom in independence will create more jobs!!! do you even understand the definition of pretense? these were your words, not mine........ and now i love the way you try and qualify it by saying you didn't use the word oil... well then i guess you're now implying we will still be importing, what did qman say? 15 million barrels of oil per day? so we're going to become energy independent while still consuming 15 million barrels a day? even if we import half of that we are far from energy independent!
VVVVVVVVVV LOOK AT WHAT YOU SAID!!! VVVVVVVVVV
Quote:
Bambi said:
Not to be overly rude, but you don't seem to know all of what youre talking about. While we have lost jobs to China, it is still debatable who has a higher manufacturing rate. Also, there is speculation that the US will be energy independent by the end of next year and that we will begin to export energy. With excess energy it will become cheaper to run factories than in some other places, thus creating more jobs. The combination of more manufacturing and the sale of energy could be the start needed to help turn around this debt.
While yes, there is a good chance what youre talking about could occur at some time there is no guarantee it could happen anytime soon. Optimistics still have a some hope to hold on to where the US could potentially turn its self around. And no, i didnt click on your links.
Not to be overly rude, but you don't seem to know all of what you're talking about. have you ever walked around your house and looked at what was made where? look at the label on your underwear, look at all of the appliances, look at your furniture, look at anything you want to. you're appl;e computer is made in China, although some of their products are assembled in the US, all PC's are from outside of the US. our manufacturing base has been decimated, c-span 2 is running nostalgic speeches and the ones from Ross Perot are so telling..... he warned about the HUGE SUCKING SOUND!!! yes, shit is made here, but the only thing we export are planes and bombs and some of those factories have moved in order to bust the UNION's BACK!!! do you read the paper? sure we sell some cars but the trade deals that led to these QUOTA's are so lopsided that they buy our cars in order to import ten fold measures of theirs! you gotta love our slick legislators. i wonder how many of these jerk offs have swiss bank accounts set up? surely they can't be passing these laws for free!?! debatable? how so?
Ahhhh... here we go, the meat and potatoes of your pretense... "the US will be energy independent by the end of next year"... you did use the word SPECULATE... well this implies someone said this... well show me who said this and i'll produce 100's of articles that say otherwise!!!
Quote:
While yes, there is a good chance what youre talking about could occur at some time there is no guarantee it could happen anytime soon. Optimistics still have a some hope to hold on to where the US could potentially turn its self around. And no, i didnt click on your links.
well awesome that you admit there is a GOOD CHANCE you chose to be a head in the sand OPTIMIST... you have no clue really what our nation is facing do you? because you didn't extend the courtesy to watch OP's video yet you had the nerve to tell him he didn't know what he was talking about and claim i was posting under some pretense! you're attitude is laughable and will kick you in the teeth one day... i hope everything you own is completely paid for, this is all i have to say... i took steps in 2006, how about you? and i didn't jump the gun either... this has been unfolding for decades and the time has finally arrived my friend...
good luck! once our dollar is no longer the oil trade currency it will cause such a frigging calamity here and a basket of currencies being used is on the horizon. there is so much more i can say to you but i'll leave it at that...
K~~~
Do you never stop and realize how much youre typing? I honestly couldnt give two shits about what you have to say in response to a comment i made directed at the op. And to expect me to read your long ass rant? I'm alright. I wont tell you what to do and how to think. So what if i want to believe in a brighter tomorrow thats hardly plausible or not. Ignorance is bliss after all
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Bambi]
#15787243 - 02/10/12 06:48 AM (1 year, 3 months ago) |
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Money not backed by gold? (OR ANYTHING) ...isn't REAL money... its just an just a series of bits in a Data file... If I don't pay it back, No one is REALLY at a loss; b/c no one REALLY "PAID" for it... you fallow?
You think the Dollar is safe storage of wealth? Think about what a dollar USED to worth say 50 years ago... do you REALLY think I'd be doing you a favor by not slapping you out of your delusions?
...you can lead a horse to water...
lol
TTYL
CHEERS!
-FellowGrower
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Bambi]
#15787292 - 02/10/12 07:16 AM (1 year, 3 months ago) |
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Quote:
Bambi said:
Do you never stop and realize how much youre typing? I honestly couldnt give two shits about what you have to say in response to a comment i made directed at the op. And to expect me to read your long ass rant? I'm alright. I wont tell you what to do and how to think. So what if i want to believe in a brighter tomorrow thats hardly plausible or not. Ignorance is bliss after all
you know what bambi? put me on ignore because i tend to really get into it when i say something in order to make my point clear and it's obvious you have a hard time dealing with what i'm putting out there. are you implying what i'm putting out there is bullshit? i mean these were your words! i don't want to see anything happen to my country but ignorance is way too far from bliss my friend, now is the time to take steps to prepare and protect what you have worked hard for. i don't know what to tell you man, just put me on ignore, one person is already ignoring me for what i put out there a second won't bother me in the least. i'm here on this server to help others because this culture is that important to me. short enough for you or what?
Kensho
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15787536 - 02/10/12 09:53 AM (1 year, 3 months ago) |
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Yeah, Not reading someones response is pretty lame; I don't care how long it is... it reminds me of like arguing with a 3 year old... and they say..."You're boobie  head!" and then you try to say something back and they cover their ears and yell bla bla bla! its like; he's obviously too immature (or in denial) to discuss things rationally...
so? ...like I said... you can lead a horse to water... its up to him (and anyone else with hope) to actually WATCH the videos and analyze the data, and put 2 and 2 together...
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15787707 - 02/10/12 10:57 AM (1 year, 3 months ago) |
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did you read my posts regarding HVAC/R school? and the possibility of qualifying for grants? just a fucking idea bro just in case they figure out some way to prop up the economy for the next ten years or so because it's been one scheme after the next for the past almost two decades. solid training in HVAC/R could allow you to travel to anywhere in the English speaking world and land a great job... trust me on this one man... i know and completely understand this field intimately enough to know if you know your shit you are basically guaranteed a great life without the need for a college degree. i know dudes with high school educations and serious trade school and work experience who are ass kissing respected by the best trained engineers... wouldn't it be cool to make 60-80K or more!!! per year, outstanding benefits and high tech ongoing training? there is no better field to consider especially if you make all the right career moves and hook up with a major manufacturer. i work for Trane which was purchased by ingersol rand... we are fucking bullet proof and located in every country on earth... we are the best!!! fuck carrier and york and mcquay and anyone else!
DO THIS!!!! this type of job, if you manage your career properly will beat the living piss out of any college degree... just saying and tossing an idea out there...
Kensho <----- brother from another planet...
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qman
Stranger
Registered: 12/07/06
Posts: 3,514
Last seen: 18 hours, 9 minutes
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15787738 - 02/10/12 11:03 AM (1 year, 3 months ago) |
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A lot of people like bambi live in a fantasy world, and just come up with ideas that suit their needs. I know people like this, they do no study, and yet they think they know something or everything.
I have been a student and investor of the financial markets for near 20 years, my father for over 50 years. Without the commitment to economic study, there is no way one can understand what takes place in the world.
This country is in big trouble in many ways, many on this board will put out economic stats from the government and say everything is just fine, guess what, the stats they put out are "lies", and are worthless.
I can tell you that smart investors of large sums of money do not waste any time reading headline stats released by the government, they spend their weekends doing their own study, reading the best of the best and coming to their own conclusions.
Doing economic study has nothing do to with being a optimistic, it's called being open minded to what the facts and markets are telling us, and I think we found out that many on these boards are not open minded.
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: qman]
#15787819 - 02/10/12 11:30 AM (1 year, 3 months ago) |
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i couldn't agree with you more qman... the inflation Data is laughable... i subscribe to the economist electronically along with others and my dad to many others including stratfor and the economic statistics coming out of our government for the past 40 years were corrupt! people who challenge me with their economic bullshit on this server are pathetic string alongs... i don't mean to be mean when i say these things but when someone tells me to read a book on economics and get back to them i laugh my ass off... we, meaning my family, made all of the right moves back in 2006 3 months before the sub prime issue reared its head... the entire sub prime thingies was a well known wall street joke, an accident just waiting to happen. i personally feel it was done purposely... where's my tin hat?  ahhh... that's better!
in any event, i for one am not going to drop this issue as long as i'm a member of this board... i have a duty to warn others here because i genuinely care for this community... if bambi chooses to ignore me, well then so be it... ignore my well known tendency to "rant" as he said i do... place me on ignore, do it bambi!
on a lighter note to FellowGrower... guess who loves Trane dude? i forgot to mention that the Chinese buy our shit by the boat loads! our interfaces come preloaded with every developed language imbedded in the internal software... a machine in China or Germany is exactly the same as the one's found here in the states... i can change the recognized language used in less then 30 seconds and the machine will be speaking Chinese with me... do this dude... the one thing you'll have to do though is cut back on your weed smoking, at least until you get in the door. this is true with any major manufacturer. and be prepared for a drug test should you fuck up big time, which is rare but just about every one of our clients requires an immediate drug test if an accident occurs including the company you work for insurance purposes... so you'll have to use in moderation at the very least, but it is a very small price to pay for an outstanding career... just saying...
again, cool post qman...
K~~~
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: qman]
#15788392 - 02/10/12 03:34 PM (1 year, 3 months ago) |
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Quote:
qman said:
A lot of people like bambi live in a fantasy world,
whats wrong with that? This is a site; Theres ALOT of us that live in fantasy worlds.  
Quote:
and
Never start a sentance with And
Quote:
just come up with ideas that suit their needs. I know people like this, they do no study, and yet they think they know something or everything.
would of been better to use a semicolon; but whatever
Quote:
I have been a student and investor of the financial markets for near 20 years, my father for over 50 years.
so this somehow makes YOU one of those people who think they know something or everything? Quote:
Without the commitment to economic study, there is no way one can understand what takes place in the world.
... we can look at history dipshit (I just thru the dipshit in for effect)(no offence) :tounge: Quote:
Doing economic study has nothing do to with being a optimistic, it's called being open minded to what the facts and markets are telling us,
 Quote:
and I think we found out that many on these boards are not open minded.
Fuck what the "Markets" are telling us, look at what YouTube is telling us!  or what redtube is showing us! (free) (DO NOT CLICK THAT ITS PORN NSFW!  
We all know the only reason I made this post is b/c 
So?! you know? I guess its good  about anything
Edited by FellowGrower (02/10/12 03:36 PM)
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I R Crankey
happiness is a warm gun.
Registered: 01/03/10
Posts: 1,738
Loc: Europe, Canada
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower] 1
#15791515 - 02/11/12 08:30 AM (1 year, 3 months ago) |
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if you're going to troll, at least make it funny.
you're just making an ass of yourself at this point.
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: I R Crankey]
#15791638 - 02/11/12 09:39 AM (1 year, 3 months ago) |
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... 
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15791648 - 02/11/12 09:44 AM (1 year, 3 months ago) |
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...hey, if you don't have anything NICE to say 
...
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c1dh3d
The elephant is BACK
Registered: 07/15/08
Posts: 4,640
Loc:
Last seen: 13 hours, 14 minutes
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15792182 - 02/11/12 01:08 PM (1 year, 3 months ago) |
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Yeah, just earned your way on my ignore list.
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zappaisgod
horrid asshole
Registered: 02/11/04
Posts: 42,313
Last seen: 15 hours, 10 minutes
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower] 1
#15792468 - 02/11/12 02:28 PM (1 year, 3 months ago) |
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Quote:
zappaisgod said:
Can I borrow some money from you? How much you got? I'll take anything.
Well?
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: c1dh3d]
#15798879 - 02/12/12 07:07 PM (1 year, 3 months ago) |
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Quote:
c1dh3d said:
Yeah, just earned your way on my ignore list.
...
...
...
...
...
......
............. 
..."I'm gonna miss him" 
 
...what were we talking about? 
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Cmac
Stranger
Registered: 02/01/12
Posts: 9
Last seen: 1 year, 26 days
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15801866 - 02/13/12 09:04 AM (1 year, 3 months ago) |
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I've done this and I don't regret it at all(I wish I would have used the money more wisely though lol). 
It's no thing to me because I can just put stuff in my dad or brothers name if I need credit. I don't work(and don't plan on it) and have a shack I live in for free that I will have for the rest of my life so I really have no need for credit.
If you have no one else to rely on it might not be the best idea but if you have family members that are cool its not that bad of an idea imo. If your all on your own its probably not the best idea to ruin your credit as it will make it pretty hard to get places to live and such in the future.
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Cmac]
#15807281 - 02/14/12 10:15 AM (1 year, 3 months ago) |
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Thanks Cmac, finally someone that will level with me!
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Cmac]
#15807407 - 02/14/12 11:09 AM (1 year, 3 months ago) |
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Quote:
Cmac said:
I've done this and I don't regret it at all(I wish I would have used the money more wisely though lol).
what'd you buy?
All I REALLY want is an awesome 
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15808919 - 02/14/12 06:23 PM (1 year, 3 months ago) |
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actually the web based radio station in my signature has a number of guest economists on who discuss this strategy all of the time. i personally have no need to wreck my credit i have zero debt, i own everything that is mine but there are many people out there who have driven up their debt on important on sale shit and make payments... if you own no assets that could be garnished and a credit card company was stupid enough to grant you a line of credit worthy of wrecking your credit over then by all means prepare for the coming collapse because i give it a year past inauguration before things are completely obvious to even the staunchest of optimists... how much money are you planning om defaulting on? what kind of line of credit do you have?
and Cman... weren't you the ray peat dude? do you think ray peat is going to default on his credit? i have a completely different perspective of you now... i mean here's a guy telling me all about the thyroid and MY MD is an asshole and here you are a discussing how to purposely default on your credit line... i'm not criticizing i'm just trying to understand the psychology here... what a fucking joke you've turned out to be... borrowing on your dad and brothers line of credit? shit if you were my brother i wouldn't lend you a fucking nickel.. you don't ever plan on working? what the fuck do you do? just hang out in your shack? what a fucking dreg...
FellowGrower if you plan on really doing this how much money are we talking? i thought i was pretty clear in my posts that i had some understanding of the strategy here, but are we talking 10's of thousands of dollars in credit card debt or a stinking $1500.00 dollar credit line? i have to imagine filing bankruptcy has to cost at least 2-3 grand to stop the phone calls and future payroll garnishments that do happen man. what if for some reason the collapse doesn't happen too quickly and they prop it up in other painful ways? you'll be stuck with phone calls because creditors do have rights that can drag you into court and if you chose to not show up, guess
what? now there is a contempt of court charge against you and a warrant is put out for your arrest. and when you're caught and placed in jail because a bondsman will never front you, you stay in jail until the creditors have their day in court with you... i mean the possibilities are endless because the economists who discuss this strategy advise setting aside all of the money you'll need to file bankruptcy... yes FellowGrower, this is an integral part of the default strategy discussed openly on web based radio...
finally you have someone to support you!!! how much money are we talking about here? and be careful how you answer because by doing so you'll have expressed intent to commit a crime not that the bankers aren't fucking crooks themselves... you'll just become a different flavor...
K~~~
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15809118 - 02/14/12 06:56 PM (1 year, 3 months ago) |
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Quote:
FellowGrower said:
All I REALLY want is an awesome
So? what are we talking? like $450.00 max?!
So
...my thinking is that it will be a good investment and save money on my weed bill every month b/c more will go farther (in a vape) right?
...so maybe it'll pay for itself eventually?
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meams
Blessed
Registered: 01/11/05
Posts: 17,497
Loc: In a Tree
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15809298 - 02/14/12 07:25 PM (1 year, 3 months ago) |
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I got a used digi volcano you can buy off me. $670 new. I'll let it go for $425
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qman
Stranger
Registered: 12/07/06
Posts: 3,514
Last seen: 18 hours, 9 minutes
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15809318 - 02/14/12 07:30 PM (1 year, 3 months ago) |
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Don't even waste your time talking to these dead beats, they have it all figured out. They will find out how fun it is when they want to rent a apartment, buy a home, get a car, or anything needed to survive.
They think just about today, the don't think about their future, they might think differently in 5-10 years, but guess what, their credit will still say the same thing, "Dead beats".
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Anonymous
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15809331 - 02/14/12 07:31 PM (1 year, 3 months ago) |
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Quote:
cateyes said:
if you own no assets that could be garnished and a credit card company was stupid enough to grant you a line of credit worthy of wrecking your credit over then by all means prepare for the coming collapse because i give it a year past inauguration before things are completely obvious to even the staunchest of optimists...
K~~~
How bout you be a little more specific, so I can bump this thread in a couple of years and we can see just how right you are?
The video said movie ticket prices would be $112 in 5-10yrs, and that video was made 3yrs ago. I remember paying then, right about what I pay now to see a movie.. Some of the food prices they referenced have gone DOWN in price!! Why did the video use food, a commodity whose price is heavily influenced by weather, seasons, immigration, gas prices ect... to illustrate HUGE inflation rate? Why not something more stable and concrete, I mean, the price food practically varies day to day like gas...
So what's your guess? How is this collapse going to make itself apparent to even me; the most optimistic of people?
http://www.usinflationcalculator.com/inflation/current-inflation-rates/
Why did they make the video in 2009, and not 2007 when inflation was noticeably higher? And why is it that inflation is only 3/10ths higher now than it was when they made this video that was full of exponential inflation graphs and what-have-you suggesting inflation would in reality be, much higher right now?
I'm not being a smart ass, you obviously have a pretty good idea of why you believe what you do.. So im truly curious about how all of these things are perceived by you.
Edited by Anonymous (02/14/12 07:54 PM)
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Anonymous]
#15809906 - 02/14/12 09:01 PM (1 year, 3 months ago) |
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Quote:
Anonymous said:
Quote:
cateyes said:
if you own no assets that could be garnished and a credit card company was stupid enough to grant you a line of credit worthy of wrecking your credit over then by all means prepare for the coming collapse because i give it a year past inauguration before things are completely obvious to even the staunchest of optimists...
K~~~
How bout you be a little more specific, so I can bump this thread in a couple of years and we can see just how right you are?
The video said movie ticket prices would be $112 in 5-10yrs, and that video was made 3yrs ago. I remember paying then, right about what I pay now to see a movie.. Some of the food prices they referenced have gone DOWN in price!! Why did the video use food, a commodity whose price is heavily influenced by weather, seasons, immigration, gas prices ect... to illustrate HUGE inflation rate? Why not something more stable and concrete, I mean, the price food practically varies day to day like gas...
So what's your guess? How is this collapse going to make itself apparent to even me; the most optimistic of people?
http://www.usinflationcalculator.com/inflation/current-inflation-rates/
Why did they make the video in 2009, and not 2007 when inflation was noticeably higher? And why is it that inflation is only 3/10ths higher now than it was when they made this video that was full of exponential inflation graphs and what-have-you suggesting inflation would in reality be, much higher right now?
I'm not being a smart ass, you obviously have a pretty good idea of why you believe what you do.. So im truly curious about how all of these things are perceived by you.
this here poster is beyond the pale hilarious!!!! they believe in their position so strongly they posted anonymously!!!! don't use a stupid analogy of movie tickets to ease your weary mind bro and try to discredit my argument... 3 weeks ago my wife and i took a receipt from 2 1/2 years ago for a shopping trip to PathMark, which is one of the larger mass food stores in my area and we only purchased the foods that weren't on sale then and weren't on sale that Saturday and were left dozens of products and paid an additional 67% today from less the 3 years ago!!! i promised a great economist here that i would work out inflation figures, well this is part of what i've been able to come up with since things have been so busy for me i haven't even had the time to look up BIDU for geokills as a short target... but i did discover that uranium has gone up over 24% since Obama took office and gasoline has certainly gone up although i haven't calculated all of these numbers exactly because of a lack of time... so why don't you do me a favor as i work on these numbers Mr i believe in my bullshit so much i post anonymously!!! you actually buy that the inflation figures we read are real? do even eat? do you fill your car? why did Greenspan remove food and energy from the inflation equation? they include it when they calculate inflation in China!!! if they can use the cost of food and energy to calculate inflation in China why isn't it part of the inflation equation here? i think inflation is being pegged at 8% or so in China at the moment... real inflation figures... i'm not even going to expand on it any further with you merely because you had no faith in your own argument... you had to post anonymously out of fear how ridiculous you seem... be optimistic! i'm optimistic enough because every single thing i own is paid for. i own 2 homes, one in new jersey and one in washington state... 40+ acres in Arizona, i'm sitting on 1100 pounds of silver since 2006... stock in HOG and JNJ since 1993... my shit is golden! i have other shit too, including guns!!! and i have an awesome job i can take anywhere in the world because my company is located everywhere in the world...
so why don't you continue trying to rationalize why everything not included in the inflation index has risen dramatically and in two years from now you can resurrect this post and we'll talk about how great things are at that point, OK sport!?! OK Mr hide behind anonymity to to the degree they're trying to discredit me!!! Mr optimistic!!! i think cotton is up over 150% right now... it may be more, it may be less as i really didn't crunch those numbers yet.. but ohh wait just one minute!!!! the weather wasn't cooperating!!!!
the dollar is rapidly becoming a piece of toilet paper... no one wants to trade on the dollar... shit!!! every wealthy US citizens have the wealth invested in other currencies the vast majority of time now... nobody wants the dollar and eventually oil will no longer be traded on the dollar... why is oil so expensive at a time of overall economic slow down?
i can't hear you!!! it's very WEIRD that in your own example you used the cost of energy as a reason why food prices go up... in that single sentence you admit that food has gone up and that it was because energy has gone up!!!! i'm sorry man but i've given you way too much attention as it is as you have so little faith in your own argument that you post anon... i mean really dude... what is wrong with this picture? i'll do my best to try and post my inflation figures... i've already posted real unemployment figures in someone else's thread and everyone ignored my post... even the magazine the economist has unemployment at 15-16% but even they fail to include an important group who have fallen off of the radar completely... but you being an optimist, you buy into the drop that has been occurring as if it were actually real!!! what are these numbers? these employment numbers?
what are you coin collector? i hope you didn't buy the monopoly golden collectors edition too!!! that shit sold for like $600.00 and sells for less the $150.00 dollars on eBay today... so much for collectible value going up... i mention this because you provided me the cpi-u bullshit illusion from a coin website as if i'm supposed to believe it! that index is perverse to say the least whether posted on a coin website or an actual government website... enough of this bullshit as i need to take the dogs for a walk and need a break from your brilliance... i'm blinded now...
K~~~
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Anonymous]
#15810016 - 02/14/12 09:21 PM (1 year, 3 months ago) |
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and speaking of the video, how about that cash for clunkers segment where they discussed the reality of the program itself? that it was actually the Chinese idea because they were unwilling to lend the US money again but were eager to buy up all of our scrap metal, all under the guise of stimulating the car industry... how could you completely over look that but point out your theater tickets haven't gone up in price so far? we don't even waste our time going to the movies as we can wait to see harry potter three after the fact for $2.00 in the comfort of our own home... why wouldn't the Chinese lend us money outright but wanted every bit of scrap metal available? why do you think the Obama administration had junk yards destroy every single engine with a special concoction provided to every scrap dealer? pour it into the engine and run it till it completely seizes up!?! because they knew they were getting fucked and refused to give the Chinese an opportunity to place cheap cars on the roads of china... Obama figured if he couldn't have it he wasn't going to let the Chinese have it... very queer thinking as the Chinese actually wanted them for scrap as their growing economy desperately needed it... how much did that program cost to implement? who actually oversaw the implementation of that program? some crony jerk off...
movie tickets he says!!!
K~~~
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aznboy
Toad
Registered: 10/14/11
Posts: 74
Last seen: 19 days, 19 hours
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15811195 - 02/15/12 01:03 AM (1 year, 3 months ago) |
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DO IT! and tell us how it goes! na just kidding... dont even think about it...
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Anonymous
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15811459 - 02/15/12 02:01 AM (1 year, 3 months ago) |
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You know what I Love about you cateyes? Your ego, for being so massive, is so easily afflicted.
2 questions:
Are you really a grown man?
and..
Do you act like an immature pseudo-intellectual 16yr old that has misplaced his ADHD meds in real life; or is that reserved for you online persona exclusively?
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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 Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Anonymous]
#15811753 - 02/15/12 03:36 AM (1 year, 3 months ago) |
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Anonymous]
#15812009 - 02/15/12 05:24 AM (1 year, 3 months ago) |
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Quote:
Anonymous said:
You know what I Love about you cateyes? Your ego, for being so massive, is so easily afflicted.
2 questions:
Are you really a grown man?
and..
Do you act like an immature pseudo-intellectual 16yr old that has misplaced his ADHD meds in real life; or is that reserved for you online persona exclusively?
my ego is in check bro... your the one with the issues here, unwilling to accept the reality of our situation so you resort to adhoms as an anon... this takes real courage to express yourself not only behind the anonymity of the internet but behind an anonymous post... i mean you can't even be your fucking self! i'm pretty much who i am here as i am in real life and i get along quite well with others dude... you probably have boat loads of real life issues if you're so unwilling to wrap your head around what is really happening out in the real world.
you are the pseudo-intellectual throwing around economic data as if you know what you're talking about!  and from a fucking coin collecting site to boot!
you're turning out to be quite the loser in life following me around from forum to forum... what a headcase you're turning out to be. i'm your mission ion life though you don't have the balls to do it in the open... just how pathetic are you in real life? exactly what is it you have actually achieved that you have to force yourself to accept the real things going on in life?
do you hide under your bed so the boogy man doesn't see you too? you bring up theater tickets as evidence that the video was off base and claim foods have come down in price but fail to name just one... from what i understand candy bars have come down in price... is this the food you're talking about? because on my little shopping trip/test a can of tuna went from .99 cents to $1.79 and this is just one of as number of extreme examples...
pathetic internet troll... Mr hide behind the anon... why are anons are allowed to post in this forum is beyond me... i can understand mental health where people may feel ashamed or embarrassed to identify themselves... do you feel any embarrassment what so ever hiding like a little child, do you feel any shame? you know what would be really weird about you? if you're actually nice to me in the open, this would demonstrate some very strange psychological pathology, almost psychopathic... no, not psychopathic as psychopaths are generally intelligent where a sociopath generally lacks an education... a know it all economist!!!
(edit) and try not to confuse a total sense of confidence with arrogance dude...
K~~~
Edited by cateyes (02/15/12 07:36 AM)
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Niffla
Welterweight
Registered: 06/09/08
Posts: 6,963
Loc: Houston, TX
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15812466 - 02/15/12 10:17 AM (1 year, 3 months ago) |
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Seems like a pretty bad idea OP but fuck it, if you're cool with it, go for it.
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Bambi
Stranger
Registered: 03/23/09
Posts: 1,056
Last seen: 7 hours, 52 minutes
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15812514 - 02/15/12 10:32 AM (1 year, 3 months ago) |
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You know, i think someone should make a 3 part poll. part 1: is this a good idea or a bad idea. part 2: do you think the US economy is doomed to fail within the next ten years or does it have a chance to rise from the ashes. part 3: does cateyes have a huge ego or is he just confident.
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Anonymous
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15812732 - 02/15/12 11:39 AM (1 year, 3 months ago) |
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This is actually the first time we've interacted in any forum. In my original reply to you, as i stated, I wassnt trying to be a smart ass. I had a real and honest curiosity about what I brought up. However, your pride is so easily hurt that you couldn't answere my questions (you did by the way) without putting me down.
If this is how you present yourself IRL, it's not surprising that your the dude on the roof fixing the AC of one my buildings. You could obviously never be a professional *inside of one.
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Anonymous]
#15814616 - 02/15/12 07:36 PM (1 year, 3 months ago) |
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Quote:
Anonymous said:
This is actually the first time we've interacted in any forum. In my original reply to you, as i stated, I wassnt trying to be a smart ass. I had a real and honest curiosity about what I brought up. However, your pride is so easily hurt that you couldn't answere my questions (you did by the way) without putting me down.
If this is how you present yourself IRL, it's not surprising that your the dude on the roof fixing the AC of one my buildings. You could obviously never be a professional *inside of one.
one of YOUR buildings huh? just one? i have a masters degree in mechanical engineering from Rutgers University, i'm on the roof when i want to be on the roof. i help spec and sell equipment, i'm capable of selling and have sold service. i'm qualified to actually service... i'm an expert in and have worked on and completely overhauled Murray condensing steam turbines up to 12,000 horse power on open drive compressors including couple alignment... i'm factory trained and authorized to service and install Woodward electronic governors on power plant equipment. i've worked on stand alone AC/Refrigeration systems rated over 7000 tons, i have expertise in cascade systems down to 180 degrees below zero. i know centrifugals(including overhauling), absorbers, semi hermetics, advanced roof tops, air handling systems, cargocaire dehumidifiers . i'm not an expert in but have a good knowledge of energy management systems. i provide advice on questionable installations, i commission new systems, i have done and can do energy surveys.... i can go on and on man... why are you making me qualify myself? i'm not on your roof... you're calling me for advice...
i'm just another dude who is really concerned about our situation and choose not to stick my head in the sand. i don't buy the inflation numbers as i've already pointed out just a few things i've managed to put together regarding a inflation thread i plan to put up... you tell me why food, fuel and commodities like cotton aren't included in the inflation numbers any longer? why is it everything not included in the numbers has risen steeply? i've posted shit here that no one has commented on and i provided links to back up every single thing i was saying at the time... where you one of them? i posted information that the real unemployment numbers are around 22% and include those marginally employed and those who have no jobs and who have fallen off the radar completely due to no longer being statistics on the unemployment roles and i provided plenty of links to support the data... recently i even pointed out that my subscription to the economist stated unemployment numbers in January were off because even they had it wrong when they said actual unemployment is between 15-16% because for some strange reason they are only including those on the unemployment roles and those marginally employed... they are not counting those who are not even marginally employed who fell off of the unemployment roles long ago claiming it was impossible to really qualify the numbers... only one person actually commented on one of my posts and they merely posted a link to a rense article, not that i'm really into rense, but they were confirming the real reason why we invaded Iraq which was to slam Saddam for beginning to trade Iraq's oil based on the euro in place of the dollar... everyone wants to do this, Christ, even Saudi Arabia is considering a basket of currencies as the real answer now... we bombed the shit out of Gaddafi for the same reason!!! both China and Russia have stated publically in the UN they will stand behind Iran during this crisis... in this thread i pointed out the real reason why we did cash for clunkers which was because the Chinese refused to lend us any more money... they wanted and received all of our scrap metal for their growing economy... China has already worked out barter deals with Iran long ago in anticipation to the upcoming oil crisis we're about to experience. nobody wants to touch the dollar... China sold all of it's dollars by buying assets of undeveloped countries with them... i listen to any one of the 3 c-span channels when i'm home at my desk and c-span 2 has what they call the nostalgia speeches or something along those lines and the speeches that old crazy dude ross perot are classic as he describes in great detail what is going to happen to the US as jobs are lost due to perverse trade agreements like nafta and cafta and all of the other funny acronyms... he described it as a huge sucking sound and boy was he ever right. the strange thing regarding ross perot was he and his son were awarded the contract to control ware houses that are used to stage products entering the US from south america... i wonder what that was all about? a way to shut him and his son up? i was very young then but what do we make that the world wants from us other then bombs and planes worth bullshit because they require multiple hours of a maintenance CREW for several hours of fly time... and speaking of bombs... why did bush approve the sale of a critical company that produced the magnets needed for our smart bombs to China? i can dig up the link if you need it... why allow the sale of a critical aspect of our most important weapons system to someone who will own us one day? i realize i'm going off on a tangent by deviating from economics but really... why did the bush administration approve such a deal?
like i've already said, i don't buy into the statistics regarding economic numbers, i completely rely on other sources of information. like tarp for instance, tarp originally cost us 700 billion they said, then it was 1. 2 trillion and then Bloomberg financial reporter Robert Pittman and Bob Irvy discovered the real liabilities of the bank bailouts were actually 12.8 TRILLION dollars. Pittman actually sued the federal reserve after they declined to reveal the actual numbers and federal judges found in Bloombergs favor but Ben Bernanke refused to open the books. multiple judges ruled in Bloombergs favor and now the decision hinges on the supreme court actually hearing the case which from what i understand isn't even up on it's plate to hear... and not to go off on another tangent but c-span wants to install cameras in the supreme court but the majority of the supreme court judges completely oppose this idea... why? anyway, here's a link to one of my favorite sites for information... it's an interview of Bob Irvy discussing the nature of their discoveries regarding the actual bailout liabilities... the woman doing the interview is Allison Stewart from the PBS news show Need To Know on every Friday early evening here where i live... it's a very brief article with the video in the body of the article. i posted this in the political forum about 1-2 months ago and no one really touched the details with a ten foot pole...
Steadfast Finances: TARP 18x: the Unknown Bailout that Requires a Supreme Court Ruling for Full Disclosure
awesome website... and before i left work i did several things including sending Bob Irvy a second email asking him to please get back to me with all of the details regarding how this money was actually distributed. what percentage was just promised, what percentage was loaned and what percentage was actually awarded as an out right grant. i explained to him that i'm trying to express how significant the problems of the bank bailout actually was to a group who believe in fairy tails...
the neat deal the fed worked out for itself in the current Dodd/Frank law is the fed has up to 2 years to disclose who it lends to and what the actual amounts of each new loan are... when i actually watch Bernanke give testimony lately and he's been very busy giving testimony lately, he never answers the questions to the point each member of the panel get openly frustrated but Bernanke just sits there with this weird smile on his face... he's worse then Greenspan was recently while answering questions regarding his fuck ups... Bernanke did admit that US banks have been lending money to European central banks, but when pressed on what banks are receiving what, Bernanke says "i have no way of knowing that answer... and speaking of loans, economists being interviewed on a web based radio network said many things this past few weeks regarding big banks... for instance, Goldman Sachs has given its smaller banks instructions not to lend to small business yet Goldman Sachs transferred 700 billion dollars into Chinese bank accounts in order to be able to invest in China... this was a strict policy that the Chinese required in order to not get screwed by Goldman and Goldman gladly transferred the money. OUR MONEY... they will not lend to American small business but they are more then willing to invest in China...
another issue the economists raised that i pointed out in this thread is that the fed has been quietly pumping up to 100 billion dollars into the US economy each month for the past two years.. i asked Irvy about this too as i don't want to completely rely on several economists who independently reported this on PRN...
do you know what i think is really odd regarding this fed/supreme court/bloomberg news bullshit that bothers me the most? it's that this lie that Pittman and Irvy are spreading hasn't gotten the slightest bit of attention in main stream press. no major news network discusses the lie that is making it's way all the way to the supreme court... the fucking nerve Pittman and Irvy have demanding that the fed reveal nothing... that there is nothing to hide... that the fed just doesn't want to open it's books, so there!!! 12.8 TRILLION dollars!!! it's little wonder the supreme court is dragging it's ass to hear this case... it's little wonder they don't want camera's recording this decision they will eventually be forced to make... YAY c-span!!!!!
and then we have derivatives which no one even discusses any longer yet were a serious issue during congressional hearings. the last time i actually looked into this which was many months ago the estimate s ranged between 200 trillion to 600 trillion dollars which the reporter claimed was more then the net worth of the entire world... who's on the hook when these schemes go sour? the last time i heard the US tax payer covers every loss of every US bank... between a can of tuna fish going up from $.99 to $1.79, the loss of every significant manufacturing job, the real costs of the bank bailouts and the fact that Ben can defy federal courts rulings... why even try to explain myself to all of you.. i have so many other issues i can bring up... if we weren't able to print money out of thin air we would have been third world decades ago according to stratfor. eventually the US will be like many areas throughout south america... they'll be the rich less the 1%, a very tiny, if at all existent middle class and a extremely dominant level of poor... like i said, i have plenty more i can say y but i'm really hoping that Irvy reaches out to me, because i explained to him how important this is to me...
and in politics i asked everyone to buy and read THIS BOOK... by economist Jeffrey G. Madrick that was awhile ago and not one single person has come up to me yet and said "cateyes, this little known economist is full of shit!" well i shouldn't say little known because he might not be in the spotlight all of the time but he has the real respect of many out there... maybe it was because it's almost 500 pages long... maybe it's because it doesn't have pictures in it... but the author said it all started when the french were trying to force Nixon to pay them in gold for their investment in the US... they wanted their money due to the fact they were worried about the debt the US was taking on during its war in Viet Nam... didn't we bail out the french in Viet Nam? fucking french!!! give me an order of freedom fries!!! yeah anon 2... why don't you read this book and tell me where the author got it wrong because the book is a series of interviews of the men who actually played a role in these decisions that led us to where we are today... this is part of where i've been coming up with these hair brain ideas of mine... this is where my dad gets his ideas from... this is what stratfor has been saying for decades...
you know... i have several friends who are new agers and they are constantly telling me not to worry that a new day is about to dawn and that all of man kind is close to becoming fully enlightened... i talk to the great spirit every night, i worry where my nation will be in the future... i think about the grandfather i never met who gave his life on some fucking beach to liberate the world so that we could deal with this bullshit... maybe their right and a new day will dawn... maybe i should stick my head up my ass and hope that there is a brighter future for the entire world... you know what anon #2? every banker who has committed any crime should be executed like they do in China... if we actually held just one accountable the rest would have thought twice about shitting in our nest... are you going to purchase the book anon?
K~~~
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qman
Stranger
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15814738 - 02/15/12 07:56 PM (1 year, 3 months ago) |
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Cateyes, good stuff!!
By my calculations, 1100 lbs of silver is worth around, $590,000, very impressive, what was your average price? in what form?
I think you might enjoy a interview on King World News, by Jim Sinclair, it just came out today, talking about what you just posted. Check it out, let me know what you think.
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meams
Blessed
Registered: 01/11/05
Posts: 17,497
Loc: In a Tree
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: qman] 1
#15815116 - 02/15/12 08:49 PM (1 year, 3 months ago) |
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wow cateyes, you wrote so much. not only did i not take the time to read it. but i didnt even take the time to skim it.
learn to condense your thoughts - it will go a long way in debates such as these.
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Bambi
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Registered: 03/23/09
Posts: 1,056
Last seen: 7 hours, 52 minutes
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: meams]
#15815577 - 02/15/12 10:17 PM (1 year, 3 months ago) |
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Quote:
meams said:
wow cateyes, you wrote so much. not only did i not take the time to read it. but i didnt even take the time to skim it.
learn to condense your thoughts - it will go a long way in debates such as these.
I cant tell if youre mocking me...
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: qman]
#15815629 - 02/15/12 10:27 PM (1 year, 3 months ago) |
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Quote:
qman said:
Cateyes, good stuff!!
By my calculations, 1100 lbs of silver is worth around, $590,000, very impressive, what was your average price? in what form?
I think you might enjoy a interview on King World News, by Jim Sinclair, it just came out today, talking about what you just posted. Check it out, let me know what you think.
thank you qman... my wife actually handled the entire trans action under the guidance of our friend. i just looked at the paperwork and the price we bought in at was $9.21 and we purchased it in what is called 1000 grain ingots plus there was a minor transaction fee...
wow, what can i say regarding that interview... i'm actually embarrassed to say i'm not familiar with him but i'm sure my dad is. he has been invested in a number of gold mining stocks for awhile now, which ones i'll have to ask him when he get's back from his road trip as i'm not really positive but i know for a fact their cost to mine an ounce and potential per mine are always a factor with him...
i have to be totally honest with you man, that was the most depressing interview i've heard in like forever... i bookmarked the website and will definitely turn my dad onto it but like i've said, i'm sure he knows who he is because gold has always been my fathers pet hobby, so to speak... and it's really queer that meams claimed he couldn't be bothered reading my post when i thought the goal was to make a point... how can one make a point in a sound bite? the real irony is meams is one of the people i was referring to in the post!!! he was part of the group in that forum... one of the ones i invited to read the book, but if he can't wrap his head around my post how can anyone expect him to read 500 pages of economic history... i honestly don't know if he's the one i was talking about who needs pictures, there were so many people into it at the time...
i actually expected things to look good until after the election to be honest but things have deteriorated so badly i guess... i wonder if this will effect the election in any way? want to hear something really weird? i just got a bulletin regarding a number of issues and one of them is the real possibility that Hilary Clinton may be the next head of the world bank!
for those who are interested here is the link to qman's post...
goodnight qman, and thank you for the website...
K~~~
Edited by cateyes (02/16/12 02:52 AM)
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Bambi]
#15816952 - 02/16/12 03:53 AM (1 year, 3 months ago) |
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Quote:
Bambi said:
Quote:
meams said:
wow cateyes, you wrote so much. not only did i not take the time to read it. but i didnt even take the time to skim it.
learn to condense your thoughts - it will go a long way in debates such as these.
I cant tell if youre mocking me...
bambi... don't take this personally but you mock yourself... did you read anything i had to say in my post? was i clear enough for you? did i explain things for you little boo boo... do you know what derivatives are? you should because they are about to kick you square in the teeth... hopefully your in a position to pay off your home so that you can call it your own at least... and there is so much other shit on my mind, i just got fucking tired typing because i know half of you will not read or will say you didn't read my shit!!!
you need sound bites? US dollar = toilet paper...
let's see what type of response this last post of mine gets... i suspect this may be the last time we here from anonymous #2... at least bambi had the courage to debate openly... i bet you anonymous #2 is a janitor or something like that, not that there's anything wrong with being a janitor, it's just that i remember the janitor from my high school saying stop putting stickers on HIS lockers!!!
his roof!!! i've read stories where people were jumping off of roofs during the last great depression...
Kensho <----- brother from another planet... maybe there will be some sort of outside intervention or enlightenment will occur in 2012... maybe my friends are right about this... tell me bambi... do you believe in new age religion? can you expand on this for me? they all went to Jerome Arizona last year and i didn't take them up on their offer to join them... they said it was a lot of fun and there were many representatives from the native American Indian culture there. now there is one culture i have deep respect for bambi... i used to be a christian till i discovered all of the really fucked up people in the world, the ones who did the most horrible things claimed they were Christians... Jesus is very cool in my book but that fucking book, the bible that is, was written by evil bishops of the early roman catholic church, ironically during the very final stages of the roman empire!!!! i started my own religion... it's called PanTaoBu... i'm its first profit and the cool thing about it is anyone can be its prophet... it's a combination of Pantheism, Taoism and a dash of Buddhism without any of the empty the mind or do away with the ego bullshit!! when i think about it for a second it's actually quite compatible with new age... Hmmmmmm.... tell me bambi, are you new age too? is this why you're hopeful? if it is, i have some respect for this as i love my friends for trying there best to help me/make me feel more upbeat about things...
Edited by cateyes (02/16/12 04:13 AM)
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15817597 - 02/16/12 10:03 AM (1 year, 3 months ago) |
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Cateyes; you should stop typing; and get out your video recorder and make rants likeTHIS GUY! Check him out! you'll love him! 
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Bambi
Stranger
Registered: 03/23/09
Posts: 1,056
Last seen: 7 hours, 52 minutes
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15817605 - 02/16/12 10:07 AM (1 year, 3 months ago) |
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How am i mocking myself? haha
I was just asking meams if he was mocking me or if he felt the same way as i did. I dont see how that called for you to come bash me some more, but thanks for my bravery comment 
Also, no need to bring my personal finances into this, im perfectly capable of using my own judgement to keep myself afloat, no need for personal attacks or accusations, unless maybe they deal with credentials that make you more believable, but my house and dividends have nothing to do with that :P
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15817607 - 02/16/12 10:08 AM (1 year, 3 months ago) |
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You'll like Rants like This ONE! (but every one he does is highly entertaining)(to me)
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Bambi
Stranger
Registered: 03/23/09
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Last seen: 7 hours, 52 minutes
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15817629 - 02/16/12 10:15 AM (1 year, 3 months ago) |
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responding to yourself eh? lol
He sounds like a crazy guy though, regardless of what hes saying, but how he done doing it
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qman
Stranger
Registered: 12/07/06
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Bambi]
#15817741 - 02/16/12 10:55 AM (1 year, 3 months ago) |
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Cateyes, glad you enjoy the interview, Sinclair is one of the best around, his track record speaks for itself.
I own over 45 gold and silver mining and exploration stocks, and my father also owns a bunch, kind of my full time hobby!!
I think you will really enjoy the following sites, check them out:
1. TF Metals Report- combination of reports and bloggers, some smart people on this site.
2. Zero Hedge
3. Harvey Organ's
4. Silver doctors
5. Jim Sinclair Mineset
Congrats on the $9 silver buy, you are going to be a very very wealthy man in the next 2-3 years, what many do not understand, 33oz is still cheap!!
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Evil Toadstool
Registered: 10/04/11
Posts: 485
Loc: Canada
Last seen: 1 year, 1 month
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: qman]
#15817837 - 02/16/12 11:36 AM (1 year, 3 months ago) |
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When I was 18 I had that same mentality. Credit? Who cares about credit! Let me tell you how much I wish someone would have smacked me across the face back then. I'm now in my mid twenties and just starting to rebuild my credit. I wasn't even able to RENT an apartment with the credit I had. I hope you never plan on getting a mortgage on a house or owning anything that cost more than the cash you have on hand. Shit, I hope you have a girlfriend who doesn't mind cosigning everything with you thus risking her own credit. I've even heard of women leaving their men due to shitty credit issues. My advice? DON'T DO IT!
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Anonymous
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Evil Toadstool]
#15818237 - 02/16/12 01:14 PM (1 year, 3 months ago) |
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I'm just messing with you Mr. cateyes, I don't have any buildings, just the roof over my head. I don't understand why you react with so much hostility sometimes.. Besides, I found it amusing that for every 30sec I spent on a post for you, you spent 10min working up a reply...
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Bambi]
#15818335 - 02/16/12 01:44 PM (1 year, 3 months ago) |
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was there anything in my post you disagreed with bambi? are you going to buy the book and get a feel for where we came from and where we are headed? i mean, i posted some information for the benefit of you as well as anon #2. you realize that by admitting you couldn't care less after asking me to provide evidence supporting my argument it doesn't shed any positive light on your argument. seriously, was there anything you didn't agree with? i mean what is it regarding the derivative markets that doesn't concern you?
@ FellowGrower... yeah i know all about drinking with bob... i like his attitude but he doesn't know what he's talking about half of the time... i stopped watching him about two years ago... that rant with Obama and wall street really wasn't that accurate as it laid all of the blame on Obama when i goes way back much further... now bob has got his own website i see...
and at qman... thanks for the links... i'll cut and paste them later... i'm really concerned regarding Sinclairs predictions... we'll be OK but at what cost? we'll almost be forced to move elsewhere, we have a friend who moved to Vancouver and married a nice guy who went to work for a defense contractor on the ground in Iraq for two years and during that time he was paid $210,000 per year for his expertise that he normally would have been making around 70,000 per year as a civilian and they took their savings and moved to Costa Rica which is quite a jamming place to be... they have everything they need and they say there are great schools for the children. we're going to visit this late spring and just check it out just to check it out... anyway, thank you for the links, i promise to check them out sometime this weekend.
and at anon #2... i'm not hostile towards you personally it's this mindset that everything is OK when it's not, that's all... i'm just trying to warn people on what's on our horizon and it doesn't look good... buy that book... be the first one out of everyone who thinks everything is cool... i just looked at my copy and it's only 480 pages long...
K~~~
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Anonymous
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15818425 - 02/16/12 02:09 PM (1 year, 3 months ago) |
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Honestly im so busy with school ATM I don't really have time to care about anything else. If the monetary system goes to shit here in America I imagine we will do as most other countries do and make a new one. This is probably what the government intends to do anyway, they obviously don't care about the national debt. Meanwhile, I’m broke, unattached to possessions, and increasing my school debt every semester, so if a financial crisis occurs… I’ll pull through the rough times here in the states, or I guess my ass will have to learn Chinese.
Sure it will suck monkey balls for a while but, eh... My family owns 10,000 acres of fertile land in New Mexico, my mother is a physician, and the rest of my family knows farming and sustainability like the back of their hand. I think we could make a nice little commune that would get use through the rough times. Additionally, I don’t look at that type of lifestyle in a negative light. Aka, I don’t need a mountain of silver, I’ll grow and slaughter my food myself if need be. I have done it before…
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Bambi
Stranger
Registered: 03/23/09
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15818913 - 02/16/12 03:55 PM (1 year, 3 months ago) |
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Quote:
cateyes said:
was there anything in my post you disagreed with bambi? are you going to buy the book and get a feel for where we came from and where we are headed? i mean, i posted some information for the benefit of you as well as anon #2. you realize that by admitting you couldn't care less after asking me to provide evidence supporting my argument it doesn't shed any positive light on your argument. seriously, was there anything you didn't agree with? i mean what is it regarding the derivative markets that doesn't concern you?
K~~~
Since you obviously pulled a bambi on me and ignored my post, ill post it again so maybe youll read it and actually respond to that instead of all that imaginary stuff. kaythanks
Quote:
Bambi said:
How am i mocking myself? haha
I was just asking meams if he was mocking me or if he felt the same way as i did. I dont see how that called for you to come bash me some more, but thanks for my bravery comment
Also, no need to bring my personal finances into this, im perfectly capable of using my own judgement to keep myself afloat, no need for personal attacks or accusations, unless maybe they deal with credentials that make you more believable, but my house and dividends have nothing to do with that :P
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meams
Blessed
Registered: 01/11/05
Posts: 17,497
Loc: In a Tree
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Bambi]
#15819535 - 02/16/12 06:24 PM (1 year, 3 months ago) |
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cateyes. condense waht you're sayinggggg
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: meams]
#15819827 - 02/16/12 07:36 PM (1 year, 3 months ago) |
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15820423 - 02/16/12 09:42 PM (1 year, 3 months ago) |
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Quote:
geokills said:
This thread is on the verge of getting closed, if the tone of the conversation doesn't become more useful or informative.
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Bambi]
#15821230 - 02/17/12 12:19 AM (1 year, 3 months ago) |
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Quote:
Bambi said:
Quote:
cateyes said:
was there anything in my post you disagreed with bambi? are you going to buy the book and get a feel for where we came from and where we are headed? i mean, i posted some information for the benefit of you as well as anon #2. you realize that by admitting you couldn't care less after asking me to provide evidence supporting my argument it doesn't shed any positive light on your argument. seriously, was there anything you didn't agree with? i mean what is it regarding the derivative markets that doesn't concern you?
K~~~
Since you obviously pulled a bambi on me and ignored my post, ill post it again so maybe youll read it and actually respond to that instead of all that imaginary stuff. kaythanks
the impending collapse of the derivative market is not imaginary. what do you think the entire purpose of "quantitative easing" is? only a douche bag like Bernanke could come up with a name like "quantitative easing" to describe something regarding a possible 600 trillion dollar ponzi scheme the bankers came up with that is finally about to blow. or was this an existing term in economics as i've already pointed out i'm no expert in the entire field of economics, but there are some real sound principles regarding it. but when you listen to a Greenspan explain why he did what he did without ever answering the question or a Bernanke who does the same shit on a daily basis one has to ask themselves who in their right mind is actually buying this bullshit? he's been on c-span quite a bit lately and every single thing he says is fluffy nonsense. even the congressmen who have been questioning him are saying he isn't answering their questions out right! last week one of them actually said what you just said made no sense Mr Bernake!!! watch c-span when Bernanke's testimonies are rebroadcasted and you'll get a good feel for just how much full of shit he is....
i'm sorry if it seemed or i became personal but if you read your original posts you'd see you said things that just aren't true and then basically criticized me and my view of the big picture. i'm sorry things degraded to the point they did and i apologize for my role in the conversation... i'm actually hanging here on this server because this community is pretty important to me as psilocybin is very important to me. i try to go out of my way to help others but it's clear when it comes to topics like politics and economics my views are not well received and i'm really sorry for this because everything i'm saying is all based on unbiased fact.. every single penalty point against me has been in politics... i picked up 3 points against me for merely saying something like "it sounds like it runs in the family" after some dude said his father was "a miserable old man and all alone"!!!! i don't even go there any longer after everything i put out there is ignored due to an inability to prove my points are wrong. i asked them to read the book in my last wall of text. i'm asking you once again to consider it and we can debate from that point on but i suspect after you get done reading it i'll have an ally in you. all of it comes from incredibly credible sources, the people who did these things or people who were directly involved in the decisions... the book is basically a long series of intimate interviews...
i have never relied on the information you receive from mass media as our media has learned real lessons from the Germans on how to manufacture consent. why has the main mass media completely ignored the fact that the Bloomberg investigative team discovered the real cost of the bail outs was 12.8 trillion dollars? how much of a lie could this be if it working it's way all the way up to the supreme court? what will the press say when it is in front of the supreme court? the facts in this case are so painfully clear that multiple federal judges have already ruled in Bloomberg favor every single time... the evidence is obviously there for this to happen and the supreme court has over ruled the lower courts many times before but how in gods name are they going to be able to over rule such a critical case? was it you who said let's see what happens during the next two years or was it anon #2? in any event all believe everything is going to be cool and know what? i honestly hope you're right believe it or not, i really hones to god hoping i'm wrong but i'm remaining a realist in relation to all of this when it comes to my family friends and finances... do i let this trip me over during every single waking hour? nope.... i get along just fine but when i sit down to do my due diligence then it bothers me to the degree i sometimes have to walk away from it all and play with my children or spend time with my wife or play music which i've been doing a lot lately, or what ever. but you have not come up with even one single shred of evidence to disprove one single point i've made so far... i read your post, i extend every possible courtesy when i'm in the middle of this type of discussion... you don't want to read my posts, don't read my posts but don't insult anyone by saying i didn't even read your post or tell them they don't know what they're talking about like what did to OP and others here have said to me... bottom line... if your wealth is based on the dollar and you don't own what you have out right, i'm concerned for you, but you're not, so cool!
K~~~
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: meams]
#15821333 - 02/17/12 12:38 AM (1 year, 3 months ago) |
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meams said:
cateyes. condense waht you're sayinggggg
how do i consolidate what i put out there? i want you to read everything i said and retype it in a way you would have preferred me putting it out there so that it would be completely understandable as i felt if i didn't explain it in some detail it would have been way too easy for you to completely discredit it... tell me meams, what is it about my post you don't agree with? where do i have it wrong? again, as in the political forum where i invited you to read a 480 page book to get an idea why this is all happening... did you pick up this book? i suspect you didn't because you require me to be more brief in my posts and what i posted would probably fill one page of the book.... you may be the type of person who needs a lot of visuals, you know, a book with a lot of pictures and things like that. what is it you don't agree with regarding my post meams, besides it being a wall of textual information you can't put a hole in? where did i get it wrong? is Bob Irvy lying about the federal reserve and 12.8 trillion dollars? is the fact that this is going all the way up to the supreme court not enough for you? that Ben Bernanke is refusing to release the information after many federal judges demand he does so? that the supreme court is refusing to put the case on the table to be heard? that the derivative markets are about to finally blow to the possible tune of 600 trillion dollars? that this "quantitative easing" is really a scheme to prevent this from happening? that this quantitative easing may be to the tune of 100 billion dollars each month? that this has been going on for years? that Goldman refuses to lend money to American business but invested 700 billion dollars in China? Christ, i could go on and on and on about the other issues i raised in that post, so do me a favor meams out of fairness, if you're not going to read my posts, since you have some sort of problem remaining focused reading... don't even bother challenging me if your not willing to read every detail i go out of my way to give you... i think this is a pretty fair request as i've never been one for sound bites as it's you buying into a sound bite that is allowing them to convince you things are just grand in the world. again, what point was it that i made that you don't agree with? name just one.... this is all i'm asking from you... i'm not even going to bother counting the number of actual points i made in that post but i made many and you act as if i went on and on and on ranting about one issue... i've just given you a lot to think about in that one post and ironically it is only a fraction of the things that actually concern me... i'm in the process of writing one out of three planned books regarding two subjects... i could easily write a book on all of the "policies" alone that i'm deeply concerned with let alone the effects some of these decisions are actually having on our lives... i shit you not........ like i've already said meams... i'm not your enemy man, i'm your ally in all of this fucking mess we're in... if you don't want to read my shit don't read my shit, but don't cut me down then say i'm giving you too much to read, because this is juts too fucking absurd...
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Anonymous]
#15821589 - 02/17/12 01:45 AM (1 year, 3 months ago) |
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Anonymous said:
Honestly im so busy with school ATM I don't really have time to care about anything else. If the monetary system goes to shit here in America I imagine we will do as most other countries do and make a new one. This is probably what the government intends to do anyway, they obviously don't care about the national debt. Meanwhile, I’m broke, unattached to possessions, and increasing my school debt every semester, so if a financial crisis occurs… I’ll pull through the rough times here in the states, or I guess my ass will have to learn Chinese.
Sure it will suck monkey balls for a while but, eh... My family owns 10,000 acres of fertile land in New Mexico, my mother is a physician, and the rest of my family knows farming and sustainability like the back of their hand. I think we could make a nice little commune that would get use through the rough times. Additionally, I don’t look at that type of lifestyle in a negative light. Aka, I don’t need a mountain of silver, I’ll grow and slaughter my food myself if need be. I have done it before…
i'm kind of stunned to learn i'm in a discussion with a young adult in school to be honest as i thought you were some type of executive decision maker who was trying to school me in economics... it's cool though man, i appreciate you... i'm sorry to hear you're accumulating school debt though... this is one of the main issues regarding the march on wall street as many of those on the streets are graduates who can't find jobs but are saddled with a debt that can not be defaulted on... neat little piece of legislation our so called leaders came up with. there was an investigative journalist who was recently interviewed on PRN who said he believes almost all of the money available in the various loan programs is from China. that the Chinese established front companies to fund education here in the US... these are not government programs but the legislation was written in such a way that the loan balances can never be defaulted on... if this is actually true and our leaders knew the end details this is sort of treasonous as the reporter suggested it is, as it protects a foreign national from standard US law... i promise you i am not buying into this completely and i do expect this reporter to be a guest on again as they have been on many times before on different producers shows even.
it's really wild that your family owns 10,000 acres in new mexico as a solid friend of mine lives on the outskirts of phoenix and has been talking about transferring to the new mexico office of my company. i only own 40 acres just north of sedona, but at least it's something. the way he talked about new mexico I'd be willing to sell my property in arizona and buy some in new mexico... i have to do my home work though as far as weather and terrain and other issues, but as far as being self sufficient, i hear you on that one. i may not be an expert farmer but i could learn and as far as survival i've hunted most of my adult life up until i became vegan and if shit does hit the fan which i honestly hope doesn't happen, i'll eat meat again, i have no problem with that if i have to. i own handguns, rifles and shotguns and so do many of my friends who will be right along with me. i just got off the phone a very short while ago with a very good friend who's only animal protein is either caught, shot of arrowed... as a vegan i recently accepted 4 pounds of vacuum sealed tuna... i just may break my vegan vows as i've always loved sushi! i didn't realize that new mexico has a lot of wild game... one of my favorite bass players lives there and he rants about it all of the time. his name is gary willis from the group tribal tech among many others... awesome bass player with a real unique style of three plus thumb finger right hand playing... yeah now that two people have mentioned new mexico during the past week i consider it a sign... i'm one of those weird dudes who believes in jungs synchronicity!
hey do you want to here something interesting regarding growing your own food? the last piece of agricultural legislation that was passed to protect us from food poisoning has a number of sections covering small to mid sized farms and believe it or not, the original OP's video touches on one of the details in great detail... there used to be what were once called "victory gardens" popping up all over the place during the last depression where people collectively grew their own food but several aspects of this legislation have queer laws that make such gardens illegal from a food distribution stand point. you can have personal gardens but the way the law was written it can't distribute it's grown food legally if it can't meet strict standards... whether they'll be any body employed to enforce the laws, we'll have to wait and see but the language is clearly in the legislation. i actually put up a thread in the politics forum as the legislation made it's way into the senate. some people said bullshit! but many others said DAMN! the laws directly effect farmers markets although they are not enforcing t he laws right now. the only ones bearing the brunt of the new legislation are the small farmers as the additional work needed to comply has added about 15 or more additional hours of personal time in order to comply and report on the details of compliance. and if they distribute instead of allowing for bulk pick up, the burden is even greater from what i've listen to others discuss on PRN. for farms who have clerks and farm hands to do paperwork, labor and such, it's a win... another bizarre law goes into effect to control in some way under the guise of protecting us... I'd go out of my way to buy from a small farmer or barter with him/her... fuck monsanto and the farmers who use their seeds...
PeaCe2U man and good luck in school...
K~~~
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Anonymous]
#15821723 - 02/17/12 02:31 AM (1 year, 3 months ago) |
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remember this term as one day you may be a real participant in it... it's being called "System D"... many in the know economists understand its current nature and the ones on PRN are saying it will be the natural replacement for the current world money system, at least in the short haul, but short could mean a number of things...
Rise of the Shadow Economy: Second Largest Economy in the World
there's also a link below the first page of the article just above the comment section on 10 ways to pay for school!!! you should check it out... ya never know!
K~~~
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Bambi
Stranger
Registered: 03/23/09
Posts: 1,056
Last seen: 7 hours, 52 minutes
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15821820 - 02/17/12 03:10 AM (1 year, 3 months ago) |
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cateyes said:
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Bambi said:
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cateyes said:
was there anything in my post you disagreed with bambi? are you going to buy the book and get a feel for where we came from and where we are headed? i mean, i posted some information for the benefit of you as well as anon #2. you realize that by admitting you couldn't care less after asking me to provide evidence supporting my argument it doesn't shed any positive light on your argument. seriously, was there anything you didn't agree with? i mean what is it regarding the derivative markets that doesn't concern you?
K~~~
Since you obviously pulled a bambi on me and ignored my post, ill post it again so maybe youll read it and actually respond to that instead of all that imaginary stuff. kaythanks
1"the impending collapse of the derivative market is not imaginary."
2"i'm sorry if it seemed or i became personal but if you read your original posts you'd see you said things that just aren't true and then basically criticized me and my view of the big picture. i'm sorry things degraded to the point they did and i apologize for my role in the conversation... "
3" i'm asking you once again to consider it and we can debate from that point on but i suspect after you get done reading it i'll have an ally in you."
4" but you have not come up with even one single shred of evidence to disprove one single point i've made so far... i read your post, i extend every possible courtesy when i'm in the middle of this type of discussion... you don't want to read my posts, don't read my posts but don't insult anyone by saying i didn't even read your post or tell them they don't know what they're talking about like what did to OP and others here have said to me... bottom line... if your wealth is based on the dollar and you don't own what you have out right, i'm concerned for you, but you're not, so cool!"
K~~~
1-I meant that you were responding to things i never mentioned in my post. I just dont see why you feel the need to expand on so many things that (while related to the subject) wernt in direct response with what i said/asked. You just seem to have too much information you want to share and it leads to rather long and blocky responses that are a bit unpleasant to read.
2. My original post was before you were in this thread and directed towards the op, so i dont see how i criticized you. Maybe your view, but that was unintentional as you hadnt posted. I only meant to point out to the op that the market may not be collapsing in the immediate future and that his source isnt the best source one could have.
3. I respectfully deny your request for me to read that book because i have other things i need to concentrate in my life and i don see it really benefiting me at this stage in life. maybe a few years down the road, but not now.
4. I would appreciate it if you filled your posts with less fluff that supports your opinion while not directly refuting my argument (thats just how i see it) and i will go back at one point and clarify my first post and what not when i have the time. I just dont see any need for you to bring in my personal assets into the debate. I see that as a pissing contest similar to what you and anon 2 have done the past few posts. You just do you and imma do me. Besides, if we all acted and thought the same, well what fun would that be?
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Anonymous
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15821863 - 02/17/12 03:32 AM (1 year, 3 months ago) |
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If you’re thinking about purchasing land in NM you definitely need to research it. My grandfather farmed his land since the 30's slowly acquiring more as he went along before he passed away in 2002. Since his passing the family has only farmed about half of it, which is also seasonally alternated so they farm about 2500 acres at a time. Non-irrigated, they farm only with what falls from the sky. They also raise cattle, chickens, goats, and sheep. The land itself has been slowly drying out over the past 20yrs, and to make matters worse it is also quickly becoming a popular spot for dairy farmers from CA, they cash in big when moving operations to NM.. As such, the land is increasing in value but unfortunately the water-tables are lowering as a result. At the time of my grandfather’s death the land was valued at approx. 1.3mil, I believe it’s probably valued much higher now, but I don’t think it will ever be sold. Anyway, just be careful, there's no use buying land if it’s not fertile. But on the other hand, weather patterns should be turning back around over the next 20yrs or so, I hope anyway, but that’s a completely different dooms-day talk all together..
BTW, I would keep Sedona and buy additional land in NM if any at all. Sedona would be a beautiful place to wait out a national crisis. Is your land on the northern or southern side of Sedona?
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Bambi
Stranger
Registered: 03/23/09
Posts: 1,056
Last seen: 7 hours, 52 minutes
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Bambi]
#15821882 - 02/17/12 03:39 AM (1 year, 3 months ago) |
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Bambi said:
Not to be overly rude, but you don't seem to know all of what youre talking about. While we have lost jobs to China, it is still debatable who has a higher manufacturing rate. Also, there is speculation that the US will be energy independent by the end of next year and that we will begin to export energy. With excess energy it will become cheaper to run factories than in some other places, thus creating more jobs. The combination of more manufacturing and the sale of energy could be the start needed to help turn around this debt.
While yes, there is a good chance what youre talking about could occur at some time there is no guarantee it could happen anytime soon. Optimistics still have a some hope to hold on to where the US could potentially turn its self around. And no, i didnt click on your links.
"While we have lost jobs to China, it is still debatable who has a higher manufacturing rate." Source
"Also, there is speculation that the US will be energy independent by the end of next year and that we will begin to export energy. With excess energy it will become cheaper to run factories than in some other places, thus creating more jobs" Okay, so i should have clarified what i said and not used such a broad term such as energy. What i meant was that there will be a natural gas surplus which will drive down the price of electricity which could make factories cheaper to run than say Chile: "Methanex Corp., the world's biggest methanol maker, said it will dismantle a factory in Chile and reassemble it in Louisiana to take advantage of low natural gas prices.". This would create jobs and the increase in exports of natural gas will bring in more money. Source
"The combination of more manufacturing and the sale of energy Natural gas* could be the start needed to help turn around this debt." The combination i feel sets a good start to turning around US debt if it were to ever happen.
"While yes, there is a good chance what youre talking about could occur at some time there is no guarantee it could happen anytime soon. Optimistics still have a some hope to hold on to where the US could potentially turn its self around." Notice that i never said anything stating that i believe the us economy will thrive for ever or even now. I even said that what the op is talking about could happen, but i suggested that he be aware that might not happen soon. I said how optimistics still could have hope, but never indicated that i was one of them. Yes there is a chance that the economy will fail this year, but there is also a chance the economy will last 100 years. No one knows for sure.
Take what i say with a grain of salt if you want. Disregard my sources since you take what the media says with a grain of salt (i think). And next time, just because i try to support something, dont assume i actually feel it to be true, please? I just enjoy presenting the other side to people to make them reflect on their idea. Honestly, if you must know, i have 0 credibility and very few assets outside of a car, some stocks, and electronics. I also think that the market will crash, but not for another 30-50 years or so. just my two cents.
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Bambi]
#15822445 - 02/17/12 09:48 AM (1 year, 3 months ago) |
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Quote:
Bambi said:
1-I meant that you were responding to things i never mentioned in my post. I just dont see why you feel the need to expand on so many things that (while related to the subject) wernt in direct response with what i said/asked. You just seem to have too much information you want to share and it leads to rather long and blocky responses that are a bit unpleasant to read.
2. My original post was before you were in this thread and directed towards the op, so i dont see how i criticized you. Maybe your view, but that was unintentional as you hadnt posted. I only meant to point out to the op that the market may not be collapsing in the immediate future and that his source isnt the best source one could have.
3. I respectfully deny your request for me to read that book because i have other things i need to concentrate in my life and i don see it really benefiting me at this stage in life. maybe a few years down the road, but not now.
4. I would appreciate it if you filled your posts with less fluff that supports your opinion while not directly refuting my argument (thats just how i see it) and i will go back at one point and clarify my first post and what not when i have the time. I just dont see any need for you to bring in my personal assets into the debate. I see that as a pissing contest similar to what you and anon 2 have done the past few posts. You just do you and imma do me. Besides, if we all acted and thought the same, well what fun would that be?
well look at it this way as it's really the only way you can look at it... OP asked if it was a good idea to default on a credit card and i explained that this is actually a well discussed strategy because if the economy does tank bad credit won't mean squat and this is a strategy economists on PRN discuss all of the time, to the degree they advise to set aside enough money to completely pay for filing bankruptcy. now you may find this unethical but many with high fico scores and credit lines who know the deal are willing to do this if they can time it right, in the mean time they're using their credit cards to make every single payment and pay off the balance before the statement ever comes in, in order to beat the charges. this is a very valid strategy but the goal is to really make it worth it. i'm not saying my dad is thinking about this at all as a matter of fact he'd prefer to preserve his credit line but he's got a total available credit line well over 150,000 dolllars...
i agree with you that the people in the video aren't completely "qualified" based on the plack on the wall bullshit but one dude has home schooled himself and owns close to one dozen rental homes he purchased in the past and outright owns every single one of them by selling many others he owned and paid off the existing balances with the money he made as profit... he's actually been taken under the wing of a hyper-inflation economic group because he's smart and he has an extremely huge Utube fan base... then there's the guy named ManOfTruth who has a masters degree in economics from Harvard!!! i shit you not! i've actually met he dude and let me tell you something there is no one more in tune with what has been happening then him... and the really cool thing about him is he's a really hard core survivalist... you should see how he lives! as far as the Asian guy, i honestly don't know his credentials but i will say he presented some of the best material in OP's video that's for sure... he's got my vote!!!
don't read the book!!! i don't care, i was only suggesting you read it in order to fully understand/wrap your head around the current situation better... don't read it!
exactly what argument did you ever present? tell me in your response to me... what point did you make that i didn't address... i addressed you when you claimed we'd be energy independent next year and selling energy... that we'd have so much energy we'd be able to operate our factories so cheaply we'd be able to create jobs again!!! i asked you to provide just one source that could back this up and you couldn't even do that but instead began bashing the length of my posts demonstrating just a handful of weaknesses in our economy i'm hip to... you provided nothing at all to this entire debate... name one thing you've provided any of us here!
fluff? you call detailed posts fluff? shit i already see no future in intelligent conversation between you and i, this is clear to me now. and as far as your personal finances go and all of it's details, when have i ever asked you a single thing regarding that issue? i asked you in my last post to discredit just one stinking aspect of my post to you and you come up with this 4 point bulletin... do me and more importantly yourself one huge favor and block me.
K~~~
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Anonymous]
#15822530 - 02/17/12 10:33 AM (1 year, 3 months ago) |
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thanks for the information... yeah my primary concern would be to be able to drill at least one productive well. i don't need thousands of acres, 50 acres would be a wet dream for me, but more would be cool of course. but fertile land is an important issue. I'd like an area that has hunt-able wild life if at all possible as i'm completely in the dark what wild life is available and like i've already said, i'll become a meat eater again if it boils down to necessity. i consider wild game so incredibly superior to factory farm meat any day of the week. but again, active aquifers is an extremely important issue to me. like i said, this is something that literally just popped up as a possible option recently meaning within the past week or so! so i have some homework to do. and as far as the land in arizona goes, you're right of course, it makes perfect sense to hold onto the land because it's paid for and is north of sedona... sedona is an extremely important community of arizona... it's a very spiritual location with the magnetic vortex's and native heritage ties. my wife has a sister in prescott... i fell in love with sedona when my buddy and his wife took me there for a weekend and we rented little cabins. single bedroom cabins with a small sitting area and bathroom. the first night we were there i couldn't sleep so i grabbed my pillow and climbed up onto the roof and just kicked back and looked at what appeared to be millions of stars in the sky. i was tripping my balls off earlier and was still up a bit and it was quite meaningful to me to the degree i decided to buy land. he lives in the valley in phoenix itself but on it's fringes and he's completely unhappy with the gang bullshit in phoenix itself... he lived in tempe and gilbert before he moved into the place in phoenix to beat traffic and to get a better home that suited his family but realized he had made a mistake when the reality of crips and bloods set in. phoenix can be pretty fucked up at times, like any big city can. it's like your california cattle farmers moving into new mexico, the califonia gangs moved into phoenix years ago it's just that he didn't realize the nature of the problem which is why he's looking into new mexico now... plus the prospects for future water for the valley don't look good. this is why i'm going to do some due diligence regarding new mexico. where would you suggest i begin to look into?
K~~~
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Bambi
Stranger
Registered: 03/23/09
Posts: 1,056
Last seen: 7 hours, 52 minutes
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15822571 - 02/17/12 10:56 AM (1 year, 3 months ago) |
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I never claimed you were wrong for supporting the op, thats fine that you agree with the people who view this as a viable option, i just dont believe that it is a good decision. And regarding the credentials of those people, even the most qualified person cannot predict the future 100% thats why people trust different people's ideas.
Well it wasnt so much an argument, but a question you sorta ignored. "How am i mocking myself?" i was really curious as to how i was.
And i suppose this wasnt the largest jab at my personal finances, but i just didnt want the topic to evolve further " hopefully your in a position to pay off your home so that you can call it your own at least... "
I did go back and expand upon my first post btw, it should be right above what you just said. and the reason i did not post facts against facts in that post was because i had removed myself from the thread more or less, then came back in when meams made a comment about your post length and i replied jokingly saying that i couldnt tell if he was mocking me. I dont know why you made a reply to that post asking me questions regarding your points and posts when clearly the comment was directed at meams and nothing to do with the thread topic.
as far as fluff, i do think some things you say are somewhat pointless for instance i dont see how this matters, "i'm not saying my dad is thinking about this at all as a matter of fact he'd prefer to preserve his credit line but he's got a total available credit line well over 150,000 dolllars..." like okay, cool, your dad is a reasonable and wealthy individual im assuming, nice....
My 4 points were to make it clear and easy to read what i was responding to. sorry if that offended you, it was not the goal i assure you. Naw i wont block you! how would we be able to have intelligent conversation together
EDIT: Btw, i just now see your most recent post, but i have to go. ill read and respond later!
EDIT 2: Aww it wasnt dirrected at me :'(
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Edited by Bambi (02/17/12 10:57 AM)
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qman
Stranger
Registered: 12/07/06
Posts: 3,514
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Bambi]
#15822617 - 02/17/12 11:19 AM (1 year, 3 months ago) |
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Bambi said:
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Bambi said:
Not to be overly rude, but you don't seem to know all of what youre talking about. While we have lost jobs to China, it is still debatable who has a higher manufacturing rate. Also, there is speculation that the US will be energy independent by the end of next year and that we will begin to export energy. With excess energy it will become cheaper to run factories than in some other places, thus creating more jobs. The combination of more manufacturing and the sale of energy could be the start needed to help turn around this debt.
While yes, there is a good chance what youre talking about could occur at some time there is no guarantee it could happen anytime soon. Optimistics still have a some hope to hold on to where the US could potentially turn its self around. And no, i didnt click on your links.
"While we have lost jobs to China, it is still debatable who has a higher manufacturing rate." Source
"Also, there is speculation that the US will be energy independent by the end of next year and that we will begin to export energy. With excess energy it will become cheaper to run factories than in some other places, thus creating more jobs" Okay, so i should have clarified what i said and not used such a broad term such as energy. What i meant was that there will be a natural gas surplus which will drive down the price of electricity which could make factories cheaper to run than say Chile: "Methanex Corp., the world's biggest methanol maker, said it will dismantle a factory in Chile and reassemble it in Louisiana to take advantage of low natural gas prices.". This would create jobs and the increase in exports of natural gas will bring in more money. Source
"The combination of more manufacturing and the sale of energy Natural gas* could be the start needed to help turn around this debt." The combination i feel sets a good start to turning around US debt if it were to ever happen.
"While yes, there is a good chance what youre talking about could occur at some time there is no guarantee it could happen anytime soon. Optimistics still have a some hope to hold on to where the US could potentially turn its self around." Notice that i never said anything stating that i believe the us economy will thrive for ever or even now. I even said that what the op is talking about could happen, but i suggested that he be aware that might not happen soon. I said how optimistics still could have hope, but never indicated that i was one of them. Yes there is a chance that the economy will fail this year, but there is also a chance the economy will last 100 years. No one knows for sure.
Take what i say with a grain of salt if you want. Disregard my sources since you take what the media says with a grain of salt (i think). And next time, just because i try to support something, dont assume i actually feel it to be true, please? I just enjoy presenting the other side to people to make them reflect on their idea. Honestly, if you must know, i have 0 credibility and very few assets outside of a car, some stocks, and electronics. I also think that the market will crash, but not for another 30-50 years or so. just my two cents.
The sources that you use are misleading to say the least, yes manufacturing output in the US is still strong relative to other nations, but we are talking about JOBS, not production. Work continues to be shipped overseas at a fast pace, that is a fact, that has nothing to do with productivity rates.
The energy piece was maybe one of the worst propaganda articles I have seen in a very long time, quotes from the CIA director about the energy sector?
Yes, natural gas production and reserves are a great opportunity for this nation, prices are at a 12 year low, but we need to first build a natural gas infrastructure, that takes a long time.
Yes, oil production is up in this country, but what they failed to mention was how much we import, all they said was it could come down by 2020. That is misleading because demand is also going to be higher.
Why is WTI oil at $103 and Brent oil at $120 today with very weak demand? Because the markets are thinking about where is the oil going to come from in 5 years, global production remains flat with growing demand, that is a fact.
I listen to people that work and invest in the energy sector about the future for energy, government officials should be the last ones to listen too, they were told what to say.
I know the other side of the arguments, that is all that the mainstream media uses 24/7, what myself and cateyes are doing is showing the real other side of the debate, the one that most people never hear.
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OGTubs
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: qman]
#15822622 - 02/17/12 11:22 AM (1 year, 3 months ago) |
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Do it OP, fuck the man
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Bambi
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Registered: 03/23/09
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: qman]
#15822831 - 02/17/12 12:35 PM (1 year, 3 months ago) |
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Quote:
qman said:
Quote:
Bambi said:
Quote:
Bambi said:
Not to be overly rude, but you don't seem to know all of what youre talking about. While we have lost jobs to China, it is still debatable who has a higher manufacturing rate. Also, there is speculation that the US will be energy independent by the end of next year and that we will begin to export energy. With excess energy it will become cheaper to run factories than in some other places, thus creating more jobs. The combination of more manufacturing and the sale of energy could be the start needed to help turn around this debt.
While yes, there is a good chance what youre talking about could occur at some time there is no guarantee it could happen anytime soon. Optimistics still have a some hope to hold on to where the US could potentially turn its self around. And no, i didnt click on your links.
"While we have lost jobs to China, it is still debatable who has a higher manufacturing rate." Source
"Also, there is speculation that the US will be energy independent by the end of next year and that we will begin to export energy. With excess energy it will become cheaper to run factories than in some other places, thus creating more jobs" Okay, so i should have clarified what i said and not used such a broad term such as energy. What i meant was that there will be a natural gas surplus which will drive down the price of electricity which could make factories cheaper to run than say Chile: "Methanex Corp., the world's biggest methanol maker, said it will dismantle a factory in Chile and reassemble it in Louisiana to take advantage of low natural gas prices.". This would create jobs and the increase in exports of natural gas will bring in more money. Source
"The combination of more manufacturing and the sale of energy Natural gas* could be the start needed to help turn around this debt." The combination i feel sets a good start to turning around US debt if it were to ever happen.
"While yes, there is a good chance what youre talking about could occur at some time there is no guarantee it could happen anytime soon. Optimistics still have a some hope to hold on to where the US could potentially turn its self around." Notice that i never said anything stating that i believe the us economy will thrive for ever or even now. I even said that what the op is talking about could happen, but i suggested that he be aware that might not happen soon. I said how optimistics still could have hope, but never indicated that i was one of them. Yes there is a chance that the economy will fail this year, but there is also a chance the economy will last 100 years. No one knows for sure.
Take what i say with a grain of salt if you want. Disregard my sources since you take what the media says with a grain of salt (i think). And next time, just because i try to support something, dont assume i actually feel it to be true, please? I just enjoy presenting the other side to people to make them reflect on their idea. Honestly, if you must know, i have 0 credibility and very few assets outside of a car, some stocks, and electronics. I also think that the market will crash, but not for another 30-50 years or so. just my two cents.
The sources that you use are misleading to say the least, yes manufacturing output in the US is still strong relative to other nations, but we are talking about JOBS, not production. Work continues to be shipped overseas at a fast pace, that is a fact, that has nothing to do with productivity rates.
The energy piece was maybe one of the worst propaganda articles I have seen in a very long time, quotes from the CIA director about the energy sector?
Yes, natural gas production and reserves are a great opportunity for this nation, prices are at a 12 year low, but we need to first build a natural gas infrastructure, that takes a long time.
Yes, oil production is up in this country, but what they failed to mention was how much we import, all they said was it could come down by 2020. That is misleading because demand is also going to be higher.
Why is WTI oil at $103 and Brent oil at $120 today with very weak demand? Because the markets are thinking about where is the oil going to come from in 5 years, global production remains flat with growing demand, that is a fact.
I listen to people that work and invest in the energy sector about the future for energy, government officials should be the last ones to listen too, they were told what to say.
I know the other side of the arguments, that is all that the mainstream media uses 24/7, what myself and cateyes are doing is showing the real other side of the debate, the one that most people never hear.
Which is more important, jobs or production? Yes jobs spread the wealth but a larger number of jobs may only mean x more revenue, but a larger number of jobs may mean 10x more revenue. You cant just throw out production, because it still plays a role in the scheme of things even if it is of less importance than jobs.
I agree that a majority of the article is misleading, but the important part (in my eyes) was the mention about natural gas and creating an import of industry(even though there will still be an export in total industry) and its role as an exportable good. However i hadnt thought about the time that it would take to create natural gas infrastructure, but isnt there a good deal of existing infrastructure?
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qman
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Bambi]
#15822973 - 02/17/12 01:16 PM (1 year, 3 months ago) |
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Energy expert and billionaire Boone Pickens is beyond frustrated with the US and it's natural gas advancements. Pickens is a rich man from oil, he knows that oil dependency down the road is big trouble, and wants this country to a embrace natural gas.
My father was been a holder of pipeline stocks for many years, these are growth companies that payout big dividends (6-8%), so a infrastructure is developing. Pickens wants all rig trucks to switch to nat gas, and he wants them to start building the stations to get it going, I think Europe is already into this for their trucks.
As far as exporting natural gas, I doubt it will happen, while some reports say the US has 100 hundreds years of nat gas reserves, the latest studies say that this is not the case, and the EPA makes life miserable for this companies.
Common sense is telling us that China and India have just started using oil for driving cars, the growth rate is incredible, most of them don't even have cars yet, but that is changing as they are building cars like crazy. China and India have over 3 billion people, they want cars to drive now, talk about some oil thirsty consumers coming after limited oil.
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mclark5215
Registered: 08/23/11
Posts: 128
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Bambi]
#15823000 - 02/17/12 01:23 PM (1 year, 3 months ago) |
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to the OP. I'm sorry that you're depressed, man. We've all been there, but if you ever want your life to get better you have to put in work. I'm not trying to bash you or anything but it sounds like you need to work on building up confidence in yourself and open your eyes to the tremendous potential that you have. you've given me the impression that you're not to fond of the gov't, yet you want a disability check? unless you're actually physically disabled, fuck that, man. be independent. you'll never find happiness and contentment in life if you go through it sucking on one or another metaphorical tit. don't disempower and victimize yourself.
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I'm so excited
about psilocybin
and i know i know i know i know i know
I want shrooms!
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OGTubs
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Registered: 12/14/11
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: qman]
#15823011 - 02/17/12 01:26 PM (1 year, 3 months ago) |
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Quote:
qman said:
Energy expert and billionaire Boone Pickens is beyond frustrated with the US and it's natural gas advancements. Pickens is a rich man from oil, he knows that oil dependency down the road is big trouble, and wants this country to a embrace natural gas.
My father was been a holder of pipeline stocks for many years, these are growth companies that payout big dividends (6-8%), so a infrastructure is developing. Pickens wants all rig trucks to switch to nat gas, and he wants them to start building the stations to get it going, I think Europe is already into this for their trucks.
As far as exporting natural gas, I doubt it will happen, while some reports say the US has 100 hundreds years of nat gas reserves, the latest studies say that this is not the case, and the EPA makes life miserable for this companies.
Common sense is telling us that China and India have just started using oil for driving cars, the growth rate is incredible, most of them don't even have cars yet, but that is changing as they are building cars like crazy. China and India have over 3 billion people, they want cars to drive now, talk about some oil thirsty consumers coming after limited oil.
Fracking makes life miserable for the thousands of Americans whose homes it destroys. And more importantly the health issues caused by it. No one will allow it to go on because its not safe.
The EPA only makes your life hard if you are raping the planet on a large scale.
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qman
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: OGTubs]
#15823192 - 02/17/12 02:16 PM (1 year, 3 months ago) |
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Quote:
OGTubs said:
Quote:
qman said:
Energy expert and billionaire Boone Pickens is beyond frustrated with the US and it's natural gas advancements. Pickens is a rich man from oil, he knows that oil dependency down the road is big trouble, and wants this country to a embrace natural gas.
My father was been a holder of pipeline stocks for many years, these are growth companies that payout big dividends (6-8%), so a infrastructure is developing. Pickens wants all rig trucks to switch to nat gas, and he wants them to start building the stations to get it going, I think Europe is already into this for their trucks.
As far as exporting natural gas, I doubt it will happen, while some reports say the US has 100 hundreds years of nat gas reserves, the latest studies say that this is not the case, and the EPA makes life miserable for this companies.
Common sense is telling us that China and India have just started using oil for driving cars, the growth rate is incredible, most of them don't even have cars yet, but that is changing as they are building cars like crazy. China and India have over 3 billion people, they want cars to drive now, talk about some oil thirsty consumers coming after limited oil.
Fracking makes life miserable for the thousands of Americans whose homes it destroys. And more importantly the health issues caused by it. No one will allow it to go on because its not safe.
The EPA only makes your life hard if you are raping the planet on a large scale.
Yes, I hear that fracking has big issues, and I am not going to make judgment on the EPA about it, but it goes back to my original argument, energy independence is never going to happen.
Drilling and production in the Gulf has been halted, that is a killer. No matter how one looks at it, high energy prices are here to stay, and that is a big mess for US economic recovery.
With $3.50 gasoline prices, this is a nasty tax for consumers, and with the US economy 70% consumer driven, this is why there no hope for recovery at this point.
I tell people to hedge themselves, own energy stocks, if oil goes higher, you are hedged, in fact my father is over weight in this sector, unfortunately most Americans are not in a position to protect themselves.
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OGTubs
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: qman]
#15823211 - 02/17/12 02:22 PM (1 year, 3 months ago) |
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Dude have you not seen the BP commercials, they destroyed a whole coast line? The only wells in the gulf are deep wells like the one that fell apart. There is no reason to think that we are capable of having a 100% success rate with these ridiculously deep wells.
Cheap gas is great, but eventually we are going to have to do away with fossil fuels. Its not worth destroying the planet to keep oil barrens happy and the market stabilized a few more years. Its going to hurt no matter how we ween ourselves off oil, but sooner or later its gonna have to happen
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Bambi]
#15823869 - 02/17/12 05:34 PM (1 year, 3 months ago) |
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Quote:
Bambi said:
Quote:
Bambi said:
Not to be overly rude, but you don't seem to know all of what youre talking about. While we have lost jobs to China, it is still debatable who has a higher manufacturing rate. Also, there is speculation that the US will be energy independent by the end of next year and that we will begin to export energy. With excess energy it will become cheaper to run factories than in some other places, thus creating more jobs. The combination of more manufacturing and the sale of energy could be the start needed to help turn around this debt.
While yes, there is a good chance what youre talking about could occur at some time there is no guarantee it could happen anytime soon. Optimistics still have a some hope to hold on to where the US could potentially turn its self around. And no, i didnt click on your links.
"While we have lost jobs to China, it is still debatable who has a higher manufacturing rate." Source
"Also, there is speculation that the US will be energy independent by the end of next year and that we will begin to export energy. With excess energy it will become cheaper to run factories than in some other places, thus creating more jobs" Okay, so i should have clarified what i said and not used such a broad term such as energy. What i meant was that there will be a natural gas surplus which will drive down the price of electricity which could make factories cheaper to run than say Chile: "Methanex Corp., the world's biggest methanol maker, said it will dismantle a factory in Chile and reassemble it in Louisiana to take advantage of low natural gas prices.". This would create jobs and the increase in exports of natural gas will bring in more money. Source
"The combination of more manufacturing and the sale of energy Natural gas* could be the start needed to help turn around this debt." The combination i feel sets a good start to turning around US debt if it were to ever happen.
"While yes, there is a good chance what youre talking about could occur at some time there is no guarantee it could happen anytime soon. Optimistics still have a some hope to hold on to where the US could potentially turn its self around." Notice that i never said anything stating that i believe the us economy will thrive for ever or even now. I even said that what the op is talking about could happen, but i suggested that he be aware that might not happen soon. I said how optimistics still could have hope, but never indicated that i was one of them. Yes there is a chance that the economy will fail this year, but there is also a chance the economy will last 100 years. No one knows for sure.
Take what i say with a grain of salt if you want. Disregard my sources since you take what the media says with a grain of salt (i think). And next time, just because i try to support something, dont assume i actually feel it to be true, please? I just enjoy presenting the other side to people to make them reflect on their idea. Honestly, if you must know, i have 0 credibility and very few assets outside of a car, some stocks, and electronics. I also think that the market will crash, but not for another 30-50 years or so. just my two cents.
sorry i haven't been able to address your multiple posts until now because i was pretty busy but i want to address things you've said since you posted this...
first, i'm not sure exactly where you're getting off saying that i'm offended by you, this is just flat out ridiculous. i just said if you can't handle the amount of information i put out there block me. where did i say or act offended by you exactly? and i mentioned my dad in order to make a point that he has enough integrity that he won't be defaulting on his credit and neither will i... i just pointed out that there is a very large community out there that are planning to do just this... and as far as my post when you asked meams if they were talking to you, that's quite telling really. it's almost as if there was something in their comment that rang true to you, i mean you did tell OP he didn't didn't know what he was talking about and said something to the effect that you didn't even watch his video, so after i posted that wall of evidence to you and meams and you didn't have the courtesy to even take the time to point out where i was wrong i decided to challenge you for cutting OP down and disregarding my details. all you had to do at that point is say you're not interested in discussing the points you made and the points i made. end of story... but you would have basically proved there were no flaws in what i put out there because if there were i'm sure you would have been more then willing to point them out.
now i will address this post... bare with me here because i find it interesting that you posted a link from msnbc because i actually admire many of their on air personalities like Dylan Ratigan for instance who was a wall street insider and constantly points out the complete corruption going on with the big banks. he has been constantly talking about the derivative markets that i brought up in one of my so called rants. if you don't believe me check out msnbc's website or go to his website. then there is Ed Schultz who single handedly exposed governor Scott Millers dismantling of state unions and was the primary driver in developing ground swell momentum that led to his upcoming recall election. you've been talking about job development in the US while republicans are going out of there way to destroy American workers ability to earn a decent living... there are very few hosts i don't admire... but sorry about the fluff and onto your article...
there is so much going on with this article it's beyond the pale. for instance they point out that 136,000 jobs were created in the past but this number is actually quite a bit higher, about 1 million jobs higher based on US job statistics but overall we have lost more then 1.2 million jobs since Obama took office so it'll be interesting to see Obama claim he created more jobs then were lost. see that? we made more jobs in the last 16 months of consecutive growth. but this is assuming that the government statistics are actually accurate because they peg unemployment at 8 point what ever percent when actuality it's been hovering around 22-23% real unemployment as i ranted about in my rant of rants...
Quote:
Alternate Unemployment Charts
The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.
The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment.
Unemployment Rate-Official (U3 and U6) vs. SGS Alternate Monthly SA through January 2012 (SGS, BLS)
this is what i posted in my original rant... the gray line is the figure the magazine the economist uses but REAL unemployment numbers are quite a bit higher and both lines blow government statistics right out of the water... how can real unemployment numbers be so high and consistent yet the labor statistics that said over 1 million more jobs were created then even your own article said were created? how can 1.2 million jobs be created without effecting the real unemployment numbers or even U6 for that matter?
anyway, even in your own article it clearly pointed out this:
Quote:
The U.S. remains No. 1 in global manufacturing, accounting for 18 percent of global manufacturing output in 2008. But China is catching up. Its share of manufacturing output jumped from about 6 percent in 1998 to 15 percent in 2008.
based on this China's output lagged behind the US total by a mere 3% during 2008 (18% vs 15%) there really isn't that much of a real difference when you consider we were the dominating manufacturer in the world at one point and if you think about it we produce 18% of all goods made collectively world wide. who knows where China is in relation to our total output because it's now 2012, 4 years have passed since these numbers were tallied...
and as far as each industry goes that was mentioned in the article goes let's just say my wifes company produces parts for major manufactures in just about every industry mentioned in your article and i can't tell you how many times orders were put on hold or cancelled completely. yes there were plenty of instances where orders were filled and in a number of cases order sizes were increased but all in all it was a real negative... and they mention planes in your article but i really don't buy into the fact that other countries are buying new fighters from US companies because the costs are ridiculous compared to other capable fighter jets and from what i listed to the host of a web based radio show called weaponry our new fighter jets require disproportionate amounts of maintenance in relation to the overall amount of actual fly time. this show has had ex generals and military personnel responsible for procurement as guests and it is completely bizarre that some of these weapon systems were ever approved in the first place... when a general responsible for making a decision on whether or not a weapon system receives approval and then turns around after retirement and goes to work for the company whose system they helped get approved to the tune of in upwards of 1 million dollar a year in salaries... Christ believe it or not, right now Obama is giving a speech to a large group at Boeing facility in Evertt(sp?) Washington on c-span!!!! if you watch c-span 2 later today you can probably catch it on a rerun as they do reruns later in the evening... talk about the fucking irony! but i digress with my fluff...
Chilean president ends 2011 with approval rating of 34% (The Santiago Times - Santa Maria 227. Of. 12, Recoleta, Santiago de Chile)
Chilean president turns to old heads for new ideas Amidst a worsening public image and low public approval rating, Piñera meets with previous presidents due to a historic low of 23 percent approval rating...
it turns out this scumbag has been selling Chile to the highest bidder or in even worst cases crony friends for ten cents on the dollar... do you think the fear of political instability has anything to do with is move of Methanex? Piñera stands an extremely good chance of losing the next election to a socialist... am i saying Methanex fears a possible nationalization of it's assets? i can't rule that out completely as the rag that i read called the economist has been reporting on this for almost a half a year now. companies like Methanex fear the political situation that is developing in Chile... i wonder if Methanex is getting money to make the move back to the US, after all we actually PAID companies to move their plants to South America and Asia in the past!!! who really cares if a methanol plant moves back to the US any way? all of a sudden methanol is important in light of the fact that we'll be energy independent by next year? seriously man, i'm going to look into whether this company received an incentive to move operations back into the US... in other words, are US tax payers paying to foot the bill for Methanex to return to the US when it should have never left the US in the first place!!!
and your own article clearly states we ill not be a natural gas exporter for the next ten years... and this will not be the US's money as every single natural gas driller is a multinational company... we get cheap gas but so do the countries that buy the exports... yeah, it also says we're eventually going to become the leading exporter in REFINED oil products, in other words part of the 15 million barrels of oil we import each day go to refining oil that is exported at a profit made by an independent multinational... awesome for national security, allowing a multinational to make money on the oil we import as a refined export. the only people winning here are the people who own the company. yes, they do create jobs here, which is an awesome thing, but at what cost exactly?
are you familiar with the process used to generate natural gas from shale? it's called hydro fracking... along with huge amounts of water and sand toxic chemicals are used to fracture the shale and in the process they have been polluting hundreds of community underground aquifers... complete communities are being poisoned as water and land are polluted. and who actually owns the underground mineral rights that an owner of land that has been in their family for generations loses complete rights they have to farm the land? the vast majority of hydro fracking sites underground mineral rights are leased to multinationals. in just about every single case the farmer actually only owned the top surface of the property in question... it true! many people are living in homes and are completely unaware that someone else owns either completely or fractionally, the mineral rights to their land... watch this video, it's very short but gives you some insight into the nature of hydro fracking and the perverse rights MULTINATIONAL oil companies have here. it's little wonder why the republicans and some scum sucking democrats want to do away with the EPA. eventually we will be the worlds greatest producer of natural gas at the expense of our environment... this is so awesome!!! here is the story of one county in once pristine West Virginia...
Snag Films: Battle for Wetzel County
look, to be honest, you and i are in the same boat and i'm not really into this an longer... you win already... i've already said that i hope i'm wrong because i have absolutely nothing to gain by wanting my country to fail, but i'm not a pessimist either, i'm a due diligence realist. i've dome my home work and i'm content what my final grade might be. if i lose this exchange in the long haul' i'll be the happiest man in the world, seriously...
we should have been building huge nuclear power plant fields far away from civilization decades ago and began to completely recycle nuclear waste using breeder reactors... despite the myth surrounding nuclear energy, nuclear energy can be made completely safe if we didn't boil everything down to making a stinking dollar but instead considered energy so strategically important that no price tag could ever be placed on it... now we face decades of polluting our environment while supplying clean energy to the rest of the world while Multinational corporations reap the profits
PeaCe2U bambi...
K~~~
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Anonymous
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Bambi]
#15824452 - 02/17/12 07:52 PM (1 year, 3 months ago) |
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Bambi
Stranger
Registered: 03/23/09
Posts: 1,056
Last seen: 7 hours, 52 minutes
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: qman]
#15825735 - 02/18/12 12:31 AM (1 year, 3 months ago) |
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Quote:
qman said:
Energy expert and billionaire Boone Pickens is beyond frustrated with the US and it's natural gas advancements. Pickens is a rich man from oil, he knows that oil dependency down the road is big trouble, and wants this country to a embrace natural gas.
My father was been a holder of pipeline stocks for many years, these are growth companies that payout big dividends (6-8%), so a infrastructure is developing. Pickens wants all rig trucks to switch to nat gas, and he wants them to start building the stations to get it going, I think Europe is already into this for their trucks.
As far as exporting natural gas, I doubt it will happen, while some reports say the US has 100 hundreds years of nat gas reserves, the latest studies say that this is not the case, and the EPA makes life miserable for this companies.
Common sense is telling us that China and India have just started using oil for driving cars, the growth rate is incredible, most of them don't even have cars yet, but that is changing as they are building cars like crazy. China and India have over 3 billion people, they want cars to drive now, talk about some oil thirsty consumers coming after limited oil.
I agree with just about all of this, except im a bit dubious of the reserves. I feel no one really knows. 40 years ago people were saying that there were 40 years left of oil reserves and last i heard the estimate is still around 40 (although i do not keep up with these estimates in the least)
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: Bambi]
#15826630 - 02/18/12 05:54 AM (1 year, 3 months ago) |
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Oppps!!! it wasn't c-span 2 i was watching it was c-span 1... i just noticed when i turned the cable on this morning but they're still doing reruns...
and to anonymous #3... indeed!
K~~~
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meams
Blessed
Registered: 01/11/05
Posts: 17,497
Loc: In a Tree
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15832931 - 02/19/12 06:13 PM (1 year, 3 months ago) |
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Quote:
cateyes said:
Quote:
meams said:
cateyes. condense waht you're sayinggggg
how do i consolidate what i put out there? i want you to read everything i said and retype it in a way you would have preferred me putting it out there so that it would be completely understandable as i felt if i didn't explain it in some detail it would have been way too easy for you to completely discredit it... tell me meams, what is it about my post you don't agree with? where do i have it wrong? again, as in the political forum where i invited you to read a 480 page book to get an idea why this is all happening... did you pick up this book? i suspect you didn't because you require me to be more brief in my posts and what i posted would probably fill one page of the book.... you may be the type of person who needs a lot of visuals, you know, a book with a lot of pictures and things like that. what is it you don't agree with regarding my post meams, besides it being a wall of textual information you can't put a hole in? where did i get it wrong? is Bob Irvy lying about the federal reserve and 12.8 trillion dollars? is the fact that this is going all the way up to the supreme court not enough for you? that Ben Bernanke is refusing to release the information after many federal judges demand he does so? that the supreme court is refusing to put the case on the table to be heard? that the derivative markets are about to finally blow to the possible tune of 600 trillion dollars? that this "quantitative easing" is really a scheme to prevent this from happening? that this quantitative easing may be to the tune of 100 billion dollars each month? that this has been going on for years? that Goldman refuses to lend money to American business but invested 700 billion dollars in China? Christ, i could go on and on and on about the other issues i raised in that post, so do me a favor meams out of fairness, if you're not going to read my posts, since you have some sort of problem remaining focused reading... don't even bother challenging me if your not willing to read every detail i go out of my way to give you... i think this is a pretty fair request as i've never been one for sound bites as it's you buying into a sound bite that is allowing them to convince you things are just grand in the world. again, what point was it that i made that you don't agree with? name just one.... this is all i'm asking from you... i'm not even going to bother counting the number of actual points i made in that post but i made many and you act as if i went on and on and on ranting about one issue... i've just given you a lot to think about in that one post and ironically it is only a fraction of the things that actually concern me... i'm in the process of writing one out of three planned books regarding two subjects... i could easily write a book on all of the "policies" alone that i'm deeply concerned with let alone the effects some of these decisions are actually having on our lives... i shit you not........ like i've already said meams... i'm not your enemy man, i'm your ally in all of this fucking mess we're in... if you don't want to read my shit don't read my shit, but don't cut me down then say i'm giving you too much to read, because this is juts too fucking absurd...
P.S. I didnt read that BLOCK of text.
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: mclark5215]
#15834180 - 02/19/12 09:46 PM (1 year, 3 months ago) |
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SHit Ya'll! I come back and theres like a BOOK to read I'm like SHIT! 
but I saw where
Quote:
mclark5215 said:
 ...fuck that, man.
So you can find me a job?
...and just so you know... its hard as FUCK to get disability; EVEN WHEN YOU'RE TRULY DISABLED! 
...ever heard of a disability lawyer?
but; now youre acting like theres some kind of "Fluke" in the system where I somehow am a perfectly healthy human being fully able to work a 9 to 5? 
but STILL getting a check?! 
...you know what that would do to my self respect as a human being?!
...
  
PS: you all really should use more smileys its SO much funner way to communicate thoughts feelings and ideas...
as well as alot funner to read!   its makes the shroomery cool! you got studmuffin 
omfg
freshwtf
ENDLESS!
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15834223 - 02/19/12 09:52 PM (1 year, 3 months ago) |
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just one mans opinion; but... take from it what you will...
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15837138 - 02/20/12 01:26 PM (1 year, 3 months ago) |
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too much information for meams to wrap his head around dude... i've always liked max kaiser, i watch him all of the time on RT... i wonder what meam's is going to say when the bottom drops out?
cool video... thanks!
Kensho
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meams
Blessed
Registered: 01/11/05
Posts: 17,497
Loc: In a Tree
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes] 1
#15839027 - 02/20/12 08:11 PM (1 year, 3 months ago) |
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Quote:
cateyes said:
too much information for meams to wrap his head around dude...
laughable.
i don't waste my time with your dribble.
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: meams]
#15839109 - 02/20/12 08:28 PM (1 year, 3 months ago) |
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Quote:
meams said:
Quote:
cateyes said:
too much information for meams to wrap his head around dude...
laughable.
i don't waste my time with your dribble.
the economist has spoken...
K~~~
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meams
Blessed
Registered: 01/11/05
Posts: 17,497
Loc: In a Tree
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15839177 - 02/20/12 08:40 PM (1 year, 3 months ago) |
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I'm not an economist. I'm a consultant
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cateyes
Registered: 12/16/03
Posts: 2,754
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: meams]
#15839238 - 02/20/12 08:51 PM (1 year, 3 months ago) |
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Quote:
meams said:
I'm not an economist. I'm a consultant
what should i do with my silver?
K~~~
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15848901 - 02/22/12 08:14 PM (1 year, 2 months ago) |
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Quote:
cateyes said:
what should i do with my silver?
...     
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15849144 - 02/22/12 08:57 PM (1 year, 2 months ago) |
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meams
Blessed
Registered: 01/11/05
Posts: 17,497
Loc: In a Tree
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15849369 - 02/22/12 09:50 PM (1 year, 2 months ago) |
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Quote:
cateyes said:
Quote:
meams said:
I'm not an economist. I'm a consultant
what should i do with my silver?
send it to me. ill make sure it's real.
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zappaisgod
horrid asshole
Registered: 02/11/04
Posts: 42,313
Last seen: 15 hours, 10 minutes
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: cateyes]
#15882594 - 02/29/12 09:00 PM (1 year, 2 months ago) |
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Quote:
cateyes said:
Quote:
meams said:
I'm not an economist. I'm a consultant
what should i do with my silver?
K~~~
Polish it.
--------------------
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Enlil
LIL-9000
Registered: 08/16/03
Posts: 11,447
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Re: Getting into Debt; with NO INTENTION of paying it back... bad idea? [Re: FellowGrower]
#15885336 - 03/01/12 12:48 PM (1 year, 2 months ago) |
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Quote:
FellowGrower said:
in fact, they won't lock you up for it!!! ...so, wether or not its wrong; I could care less, I only care whats LEGAL! FEEL ME!?!
NEWSFLASH: Borrowing money with the intention of not paying it back is fraud...it is illegal...and they WILL lock you up for it...
And your post is prima facie evidence of your intention not to pay it back...
Someone else may have said this already...but I didn't read the whole thread...sorry.
--------------------
Ask a defense attorney
Fuck the Amish
Rail_Gun said, "And those kids in CT deserved to die and I'm glad they're dead. I am glad that the survivors will have to "live with it" too. hahaha"
Listerine said, "i want genocide for most of africa"
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