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Request for comment: Collapse of the U. S. A.

New Nexus

By New Nexus
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Voyageur

Voyageur

Posted
Posted

Brendan Wrote:

-------------------------------------------------------

> lk/dfka pijasdpj afepoujpaf piao0iua 09japjd as

> 'piijadjakpjpasdj po'jaspjs d ipjiopja

>

>

> and another thing

>

> 'pasjasi askjuidj jfdiopodfo sdgoas kosfejpjopasdg

> jgjasdpoksfd!"!"!!"!!!!!!!?!



Quite! (at least I 'read' your post - I don't even bother with richardbach's. If he does have useful points to make they will sadly invariably be lost as people just can't be bothered trying to decipher).

New Nexus

New Nexus

Posted
  • Author
Posted

Loz Wrote:

-------------------------------------------------------

> New Nexus Wrote:

> --------------------------------------------------

> -----

> > Santerme Wrote:

> >

> --------------------------------------------------

>

> > -----

> > > I live four to five months of the year in the

> > > US....all is well, don't worry so much!

> >

> > Patriot Act aka Enabling Act

> >

> >


>

> You'll be very pleased to know the Daily Mail is

> in full agreement with you...

> http://www.dailymail.co.uk/news/article-1392653/Po

> lice-officers-body-slammed-dancing-protesters-insi

> de-Jefferson-Memorial-face-investigation.html

>

> But it does go to prove that America is slightly

> nuts. They have a pretty well set out

> constitution (something the UK could do with), but

> still manage this sort of stuff.


Bush kicked the SXXt out of the constitution, Patriot Act, homeland security Act Etc. No big surprise there, just look at his granddaddy Prescott Bush.


http://www.guardian.co.uk/world/2004/sep/25/usa.secondworldwar

New Nexus

New Nexus

Posted
  • Author
Posted

Brendan Wrote:

-------------------------------------------------------

> UK's consitution is pretty well set out actually.

> Just not in one place. Arguably this is better

> because if someone wants to bugger about with it

> they can only change one aspect at a time and not

> throw the baby out with the bath water.


Yes the UK has a constitution, it's called shut up and do as your told.

This brings to mind a quote attributed to Margret Thatcher.

?A shiver ran along the back benches, looking for a spine to run down.?

katie1997

katie1997

Posted
Posted

Well, that makes two of us NN as I don't understand any of the claims (points?) made in your posts I'm afraid. Seems like lots of quotations and odd 'facts' and figures plucked from who knows where...


And your posts remind me of somebody else on here, that's all.


Biscuit? I have just made some yummy chocolate and macadamia ones.

Loz

Loz

Posted
Posted

Brendan Wrote:

-------------------------------------------------------

> UK's consitution is pretty well set out actually.

> Just not in one place. Arguably this is better

> because if someone wants to bugger about with it

> they can only change one aspect at a time and not

> throw the baby out with the bath water.


OK, let me adjust my point... the UK could do with actually writing it's constitution down so that not just a bunch of lawyers understand what it says.

Santerme

Santerme

Posted
Posted

New Nexus Wrote:

-------------------------------------------------------

> Santerme Wrote:

> --------------------------------------------------

> -----

> > I live four to five months of the year in the

> > US....all is well, don't worry so much!

>

> Patriot Act aka Enabling Act

>

>





That comparison is fatuous and lazy thinking.

Undisputedtruth

Undisputedtruth

Posted
Posted

If the Treasury, Bank of England and the FSA couldn't understand the events leading to the banking crisis, what chance EDF have in understanding future financial dissaters?


NewNexus mentions derivatives but he should also talk about gearing/ margin trading and this should give you the scale of future financial losses.

New Nexus

New Nexus

Posted
  • Author
Posted

Undisputedtruth Wrote:

-------------------------------------------------------

> If the Treasury, Bank of England and the FSA

> couldn't understand the events leading to the

> banking crisis, what chance EDF have in

> understanding future financial dissaters?

>

> NewNexus mentions derivatives but he should also

> talk about gearing/ margin trading and this should

> give you the scale of future financial losses.


I was trying to ease people in gently, start with the simple stuff.

Yes folks there?s more.

New Nexus

New Nexus

Posted
  • Author
Posted

Santerme Wrote:

-------------------------------------------------------

> New Nexus Wrote:

> --------------------------------------------------

> -----

> > Santerme Wrote:

> >

> --------------------------------------------------

>

> > -----

> > > I live four to five months of the year in the

> > > US....all is well, don't worry so much!

> >

> > Patriot Act aka Enabling Act

> >

> >


>

>

>

> That comparison is fatuous and lazy thinking.



Some Jews in Germany in 1930?s believed that Hitler was a joke and that he would be around for about 6 months then kicked out.


Then the Reichstag building burnt down ? would anyone like to finish this story?


Please go and check out Prescott Bush, then look up who signed in to law the Patriot Act.

Santerme

Santerme

Posted
Posted

New Nexus Wrote:

-------------------------------------------------------

> Santerme Wrote:

> --------------------------------------------------

> -----

> > New Nexus Wrote:

> >

> --------------------------------------------------

>

> > -----

> > > Santerme Wrote:

> > >

> >

> --------------------------------------------------

>

> >

> > > -----

> > > > I live four to five months of the year in

> the

> > > > US....all is well, don't worry so much!

> > >

> > > Patriot Act aka Enabling Act

> > >

> > >


> >

> >

> >

> > That comparison is fatuous and lazy thinking.

>

>

> Some Jews in Germany in 1930?s believed that

> Hitler was a joke and that he would be around for

> about 6 months then kicked out.

>

> Then the Reichstag building burnt down ? would

> anyone like to finish this story?

>

> Please go and check out Prescott Bush, then look

> up who signed in to law the Patriot Act.


Thanks I have a History degree and run a business in the USA, so I still call nonsense on the comparison.

LadyDeliah

LadyDeliah

Posted
Posted

Instead of a knee jerk dismissal of the information NN is posting, because he has a kind of 'conspiracy' theorists delivery, why don't you actually look at the facts with an open mind and evaluate them.


I have no idea if what he is saying is crap, but I hate it when people just react with closed minds and close down any discussion of their points by saying or alluding to it being a conspiracy theory.


The father and grandfather of 2 Bush presidents were involved in funding Nazi Germany, so why aren't any of you shocked or appalled about that?


The Patriot Act is a disgusting erosion of the US Constitution, as are the Terrorism Acts in the UK. Neither of these pieces of legislation have much to do with controlling anti-patriotic acts or terrorism, and are used on a daily basis to control ordinary people in both the US and the UK.


The banking stuff is more complex for me because I know more about law than economics, but it's pretty obvious that there is something massively wrong with our financial system. Fractional reserve banking looks like a massive con to me where people licenced to be banks get to invent money from no-where, lend it to poor plebs who then pay real money back to them, or lose their property if they can't pay.


It seems like a massive fraud.


Also the selling of debt again and again and adding extra bits on top to make a profit and claiming it all back from the tax payer when the debts aren't paid and things go belly up, also seems like another big con.


I think NN has some valid points, even if his delivery seems a bit hackneyed.

New Nexus

New Nexus

Posted
  • Author
Posted

If you think the way money comes into being is a con, take a look at (TARP) Troubled Asset Relief Program.

2010-2011 one U.S. banking arm acquired hundreds of bad mortgages for pennies on the dollar, then pushed them through the TARP for 100% of face value. So as people are getting clicked out their home, banks are still screwing the system.

katie1997

katie1997

Posted
Posted

LadyDeliah Wrote:

-------------------------------------------------------

> Instead of a knee jerk dismissal of the

> information NN is posting, because he has a kind

> of 'conspiracy' theorists delivery, why don't you

> actually look at the facts with an open mind and

> evaluate them.


But the trouble is LadyD, its very difficult to discern the 'facts' from these type of posts, even putting aside the cries of 'conspiracy theory'...


As you say yourself, we're not all experts on every subject. I'm no way an expert on law or economics but if I see incorrect statements about something I DO know about alongside a whole load of other points on different areas of expertise, I'm far less inclined to believe them or rate the credibility of the post.


I don't see the point in cherry picking certain 'facts' just because I'm inclined to agree with thenm and dismiss all the other dross but that's me and hey, its a forum. I still think this is not a new poster too...


> I have no idea if what he is saying is crap, but I

> hate it when people just react with closed minds

> and close down any discussion of their points by

> saying or alluding to it being a conspiracy

> theory.

>

> The father and grandfather of 2 Bush presidents

> were involved in funding Nazi Germany, so why

> aren't any of you shocked or appalled about that?

>

> The Patriot Act is a disgusting erosion of the US

> Constitution, as are the Terrorism Acts in the UK.

> Neither of these pieces of legislation have much

> to do with controlling anti-patriotic acts or

> terrorism, and are used on a daily basis to

> control ordinary people in both the US and the

> UK.

>

> The banking stuff is more complex for me because I

> know more about law than economics, but it's

> pretty obvious that there is something massively

> wrong with our financial system. Fractional

> reserve banking looks like a massive con to me

> where people licenced to be banks get to invent

> money from no-where, lend it to poor plebs who

> then pay real money back to them, or lose their

> property if they can't pay.

>

> It seems like a massive fraud.

>

> Also the selling of debt again and again and

> adding extra bits on top to make a profit and

> claiming it all back from the tax payer when the

> debts aren't paid and things go belly up, also

> seems like another big con.

>

> I think NN has some valid points, even if his

> delivery seems a bit hackneyed.

New Nexus

New Nexus

Posted
  • Author
Posted

Santerme Wrote:

-------------------------------------------------------

> New Nexus Wrote:

> --------------------------------------------------

> -----

> > Santerme Wrote:

> >

> --------------------------------------------------

>

> > -----

> > > New Nexus Wrote:

> > >

> >

> --------------------------------------------------

>

> >

> Thanks I have a History degree and run a business

> in the USA, so I still call nonsense on the

> comparison.


History degree, cool

Who recently got fined $300k for violation of the Logan act ?.


It?s a great shame we do not have a Logan act here in the UK, could do something about that god-awful Osborne.

Frankito

Frankito

Posted
Posted
Lady D, the difference between Nexus and say, your good self is that he rants and rants and rants and rants with questionable substance whereas you may take the time to present a proper argument that ultimately has more read appeal as it's not based on hysteria..
Undisputedtruth

Undisputedtruth

Posted
Posted

I agree with LadyD.


The problem here is that the usual few seems to think they have the god given right on this forum, in the absence of expertise in the relevant areas, to determine what's true or false. Then ultimately accusing the poster to be a previously banned member without having the full acts to hand.


There is truth in what NewNexus is saying if you understand what are derivatives, gearing/leverage and how toxic investment vehicles are being sold to financial institutions (pensions, investments and insurance). So far we've had the first wave being the banks. Next may be the insurance sector and then the pension sector. All timebombs waiting to happen.

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