down with collectivism and goo individualism!
down with collectivism and goo individualism!
Nation Wars-
You have killed Tequilla in a beer bottle(#10)
You have killed i see your bones(#321)
You have killed NXL Media(#332)
You have killed King Ali(#272)
You have killed Best Worrior hunts Worst Boys(#344)
50k+ land destroyed in LD and AR's
[05:35] я ằ Ғ (F) ●◦я&Ŀ◦● I can barely count to 12, but I can multiply 45: does food defends me against AAs?
[05:35] я ằ Ғ (F) ●◦я&Ŀ◦● I can barely count to 12, but I can multiply 45: cuz if not...
FACTS, Not opinions from non Americans... I WANT FACTS!
Just to tell you, Dogma, you can edit posts. No need to double post there... unless you need the credits, which you don't.
It is a pitty that one of the biggest banks of the USA is bankrupt, b/c that will make the economical crisis only worse. Here, in Europe I mean, we haven't felt any consequences of this, but my guess is that we will feel it. soon.
Whatever. Dogma, you want proof? Quite hard to give, as no major European bank has had the same problem (yet).
It isn't the fault of GWB, it is the fault of whoever caused this economical crisis. That would be: Russia, OPEC and the american people and the rest of the world. No offense tho.
Russia: threatening Europe the same way OPEC did in 1972 was not smart. Stupid Russia!
OPEC: yeah, sure, produce less oil. That should help the economies in the world to heal... or not
American people: so many people losing confidence in [mortgage, that's what my translator says (don't trust it really)] at the same freakin' time is not good for the banks, thus not good for USA economy, thus not good for European economy and not good for the rest of the world either.
Rest of the world: almost no taxes in third world countries to lure big companies and thereby ruining the futures of our workers is not smart. Especially b/c china is always cheaper!
If the world continues like this for a couple of years, we will have 1929 all over again...
Turns out real life ends when you hit the log in button.
Dogma, you interpret every post non-americans post about USA with such hostility. I didn't say a thing about George Bush, yet you make it sound like I called him out and everything is his problem.
I am giving you the facts. The government decides which company to bail out. The Secretary decided not to bail out Lehmans, or a deal would have been reached over the weekend with 2 potential foreign suitors. But AIG will be bailed out, there is no way they are going to let a huge Insurance Company go under, it has branches all over the place.
You seriously need to stop being so defensive. You act like everything is attacking you personally somehow. You fail to realize that because the USA is so big, everything that happens there has consequences throughout the world. Because of Lehmans, I know the Toronto Stock Exchange dropped 500 points yesterday. We have a right to speak our opinions on topics that you may regard as domestic affairs, because it is our money at stake as well.
Originally Posted by Tnova- Lost and Desolated -
WoW | [CW][E][ELE][FW][TNR][Dak][FED][SSC][xPJx][HuuF][LoR][TWC][PX][Horde][EURO][Royals][TE][USA][ExELDx][SH][VAL]
NW | [USA][GRIM][DEAD][ABT][SLOB][AIUR][LoR][TG][xELDx][TEEF][UFS][bro][FEDx][XF][ICN][LoUB][TE][GIAA][Hades][Pasta][GGG]
Some facts:
. Administration allowed banks to loan huge amount of money to poor people
. Adminstration intervention with Bearn Sterns (govermental support to commercial company)
this gave other commercials the idea, we can do what we want.. Administration will help us when we go bankrupt..
. Administration intervention with freddy Mac and fanny mea (if spelled correct)
. Administration stopped (luckily for most americans and rest of the world) to intervent with merill lynch and and Lehman.
Result of this, banks go bankrupt, and 50.000 people are jobless..
Another result, banks take more attenitions about their loanes now, stop funding risky projects, so start-ups are harder to make, investments in factories are postponed, so economics will be affected!
EVERY action of an administration has always an affection on the economy.. but needless to say that they are not always bad, and that the commercial section will not always the intentions of an administration. But the choice of an administration for sure affects the ecomics (worldwide)
**Serving the planet**
is not hostile, all it is is a request on facts proving the Administration is responsible for the market problem. That is all I am asking.
Yes it is a trerrible thing, not only for this country but for the global economy. I agree. But, they bank itself it responsible for it's own failure. It isn't the war, it isn't the cabinet members, it isn't the president that did this, the bank's own greed did this. They are now suffering from the mortgage crisis that has gripped our country for a couople years now. But that too was caused by the banking industry, not the administration.
A repeat of the 1929 Stock Market crash would be the best thing to happen to the world this century, possibly this millenium.
These investment banks need to go down. If you couldn't see this coming last August then you just weren't looking hard enough. The Fed tried to delay it as long as possible, they should have never have bailed out Bear Sterns fail as well, it is called Capatalism.
Long term it will be better. They tried to make money with out having any money. In 10 years no one will care.