You Know

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Posts by You Know

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  155

  WORLD OF LIES COMING UNRAVELED

  by You Know in

  1. watchtower
  2. beliefs

  some historians date the beginning of the end of the soviet empire to the chernobyl disaster, for the reason that for several days after the explosion, as the radioactive cloud floated quietly over europe, the soviet government said nothing to warn people of the dangers that may have minimized some of the exposure.

  it ruined their credibility, from which they never recovered.

  presently, the whole capitalist system has an even worse credibility problem.

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  You Know

  Here's a link for you. Sort of like Mount Vesuvius rumbling while the locals insist that she hasn't blown yet and probably won't. / You Know

  http://news.bbc.co.uk/hi/english/business/newsid_2087000/2087409.stm
• 
  155

  WORLD OF LIES COMING UNRAVELED

  by You Know in

  1. watchtower
  2. beliefs

  some historians date the beginning of the end of the soviet empire to the chernobyl disaster, for the reason that for several days after the explosion, as the radioactive cloud floated quietly over europe, the soviet government said nothing to warn people of the dangers that may have minimized some of the exposure.

  it ruined their credibility, from which they never recovered.

  presently, the whole capitalist system has an even worse credibility problem.

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  2. 
  3. 
• 

  You Know

  If 7 trillion is unpayable then why not 14 trillion? What I'm saying is, who are these people that are owed money and why and when would they try to collect?

  The whole capitalist system is based upon debt. Investors in effect loan money to companies in hopes of gaining a profit. That invested money becomes a debt for the company, which they are obligated to pay in the form of a quarterly dividend to equity holders and interest to bond holders. And even if you are not a direct investor, if you have a pension program or a 401K, more than likely the guy who manages your fund has bought the debt of some company by buying their bonds. So, it's a system-wide problem. Even if a person decideds to play it safe and keep their money in a bank, that bank is exposed to potential losses that could wipe-out your savings. What you are proposing, in essence, is declaring the system bankrupt, which sounds dangerously like the lunatic Lyndon LaRouche's call for putting the whole thing in receivership. LOL / You Know

  http://www.thestreet.com/_yahoo/markets/marketfeatures/10029399.html
• 
  155

  WORLD OF LIES COMING UNRAVELED

  by You Know in

  1. watchtower
  2. beliefs

  some historians date the beginning of the end of the soviet empire to the chernobyl disaster, for the reason that for several days after the explosion, as the radioactive cloud floated quietly over europe, the soviet government said nothing to warn people of the dangers that may have minimized some of the exposure.

  it ruined their credibility, from which they never recovered.

  presently, the whole capitalist system has an even worse credibility problem.

  1. 
  2. 
  3. 
• 

  You Know

  GE blowout! Hah!!! JP Morgan?? Come on YOU KNOW! You cant honestly believe that!

  Here's another link for the hyterical, incredulous, raving ridiculer.

  http://www.forbes.com/2002/07/02/0702watch.html?partner=yahoo&referrer=

  http://www.321gold.com/editorials/ackerman/ackerman020602.html

  / You Know

  Edited by - You Know on 3 July 2002 6:11:52
• 
  155

  WORLD OF LIES COMING UNRAVELED

  by You Know in

  1. watchtower
  2. beliefs

  some historians date the beginning of the end of the soviet empire to the chernobyl disaster, for the reason that for several days after the explosion, as the radioactive cloud floated quietly over europe, the soviet government said nothing to warn people of the dangers that may have minimized some of the exposure.

  it ruined their credibility, from which they never recovered.

  presently, the whole capitalist system has an even worse credibility problem.

  1. 
  2. 
  3. 
• 

  You Know

  crazy drinker

  What a bunch of bullshit! SNAKE! You have outdone yourself with this one

  You are the one trafficking in male bovine manure, not me.

  When you remark that 7 Trillion dollars is needed to pay the short term debt- who exactly is that to be paid to?

  It doesn't matter who the debt holders are, that's not the point. The point is that it is unpayable. And those many banks and bondholders are going to get burned, even as they are now presently being burned with the likes of Global Crossing, WorldCon, etc.

  OH SHIT! IT SOUNDS LIKE AN ECONOMIC SYSTEM! OH NO END OF THE WORLD! LOL!!

  Yes, that's exactly the case. And, obviously, some weak-minded imbeciles are already being driving over the edge into hysterics at the mere thought of what is to come.

  GE blowout! Hah!!! JP Morgan?? Come on YOU KNOW! You cant honestly believe that! So Enron went bankrupt, so what! 1000's of businesses go under every year

  A year ago Enron was touted as the greatest American money machine going. It was the 9th largest corporation in America. Ken Lay was on the cover of Fortune magazine as the man of the year. One year ago if anyone would have said that Enron was going to go bust in a few months idiots like yourself would have foamed at the mouth and laughed like ranting lunatics.

  http://www.thestreet.com/markets/marketfeatures/10024907.html

  Look at DMChrysler, remember when Chrysler went bust?-guess what they are still here! The world did not end!

  Yeah, I remember the dark days and how Lee Iacocca got the government to back loans to Chrysler to the tune of one billion dollars. Back then everybody gasped that a car company could burn that kind of cash. Now, in the world of high finance a billion dolllars is considered to be pocket change. Heck, the Boys in Brazil owe 500 billion dollars. It's a whole different world than 20 years ago. This is merely a variation of the idiotic reaonings of ridiculers and apostates who imagine that everything is the same as it ever was. It ain't.

  If you honestly beleive that Fanny and Freddy (a JW fantasy?) are going to go bust then you need to seriously check into a psych ward ASAP.

  Why is that? Do you even know what Freddy and Fannie are? I doubt if you have even the slightest clue what the financial condition of those corporations is. You are rolling in male bovine manure dude. LOL

  The Economy took a big dump in 1929 and we didnt go to war!

  You are probably one of the biggest ignoramuses that have ever come on the board here. In the slim chance that you can be disabused of your massive ignorance and stupidity, most historians cite WWII, by far the most destructive war to ever rock this planet, as the direct by-product of the Great Depression that took Germany to her knees and then gave rise to Hitler and the Nazis.

  / You Know
• 
  155

  WORLD OF LIES COMING UNRAVELED

  by You Know in

  1. watchtower
  2. beliefs

  some historians date the beginning of the end of the soviet empire to the chernobyl disaster, for the reason that for several days after the explosion, as the radioactive cloud floated quietly over europe, the soviet government said nothing to warn people of the dangers that may have minimized some of the exposure.

  it ruined their credibility, from which they never recovered.

  presently, the whole capitalist system has an even worse credibility problem.

  1. 
  2. 
  3. 
• 

  You Know

  On a lighter note

  http://www.satirewire.com/news/june02/ceonistas.shtml

  / You
• 
  155

  WORLD OF LIES COMING UNRAVELED

  by You Know in

  1. watchtower
  2. beliefs

  some historians date the beginning of the end of the soviet empire to the chernobyl disaster, for the reason that for several days after the explosion, as the radioactive cloud floated quietly over europe, the soviet government said nothing to warn people of the dangers that may have minimized some of the exposure.

  it ruined their credibility, from which they never recovered.

  presently, the whole capitalist system has an even worse credibility problem.

  1. 
  2. 
  3. 
• 

  You Know

  dubula,

  so, that makes anyone who believed that the market would come back delusional?

  Technically, yes. Although I wouldn't use the word "believe" in the past tense. Some people wised up while others who persist in thinking along the same lines fall under the catagory of being deluded. Most of those suckers who believed the markets would come back two years ago are the very same fools who believe that the big turn around is just around the corner. They are delusional. I love this commercial that runs where this Yuppie says: 'I believe in the markets. I believe in me." We would have to say that that poor sap is deluded on two accounts. And, apparently, we would have to add you to that camp. Here's the defintion of delusional on the link I provided: "Delusion is deception from want of knowledge; A delusion is a false judgment, usually affecting the real concerns of life. Or, in other words, it is an erroneous view of something which exists indeed, but has by no means the qualities or attributes ascribed to it. " According to that definiton and your own view of the markets, and indeed the world, you are certifiably delusional.

  Take today's disaster du jour, Vivendi. The exact same scenario as has played out at Worldcon a couple of days ago, where you have the CEO walking amid rumors of accounting irregularities (fraud)and liquidity concerns, is now taking place in the giant French conglomerate. The stock tanks as their credit is downgraded to junk status, and talk immediately begins to stir about default of the 30 billion dollar debt, nearly exactly the same unpayable mountain of debt as WorldCon and Endrun. Now, rational people begin to see a pattern, that as I pointed out with Endrun, that these corporate collapses are not anomalies, but rather typical of the entire system. Those who imagine that it's still business as usual can only be described as delusional. Of course, if anyone deals in the reality of the situation, they are riviled and ridiculed, but in the end the ridiculers always get punished, as is occurring now, and will no doubt accelerate going forward.

  A few years back, ten now come to think of it, Clinton's campaign slogan when he defeated daddy Bush was the mantra: "It's the economy stupid!" Well, now we could revise that somewhat and say: 'It's the system stupid!' That's because the whole system is coming down. It is not just some aspect, but the whole system. George Soros, Mr. Hedge Fund, who by the way is LaRouche's bitter enemy, made the comment last week that "the global financial system is coming apart at the seams." Here's why: Just this year, in order to meet the interest payments on the total debt in America, corporate and consumer, as well as government debt, will require over 7 trillion dollars. That's way over half of the GDP of the U.S. necessary just to make the interest obligations coming due in the short term. That's impossible. That's why these giant debt-bloated companies are rolling over and going belly up, on the average of one per week. They simply can't meet the enormous debt load that they took on during the bubble phase. And the biggies are yet to blow. We are still just in the second tier so far. Wait until the likes of IMB and GE and JP Morgan blow out. GE has like ten times the debt of WorldCon. And, rumors are beginning to swirl about 'accounting irregularities,' aka fraud, in the world's most capitalized company. And Fanny Mae and Freddy Mac are out there too.

  What it comes down to, as far as you should be concerned, is that once the financial system is ripped apart the only way the Anglo-American establishment will be able to stay in power is through nuclear war, which of course they are preparing for at this very moment. That has some bit of relevance to prophecy. That makes apostate dubs appear all the more delusional. / You Know

  Edited by - You Know on 2 July 2002 18:17:29
• 
  155

  WORLD OF LIES COMING UNRAVELED

  by You Know in

  1. watchtower
  2. beliefs

  some historians date the beginning of the end of the soviet empire to the chernobyl disaster, for the reason that for several days after the explosion, as the radioactive cloud floated quietly over europe, the soviet government said nothing to warn people of the dangers that may have minimized some of the exposure.

  it ruined their credibility, from which they never recovered.

  presently, the whole capitalist system has an even worse credibility problem.

  1. 
  2. 
  3. 
• 

  You Know

  Dubula

  it could get much worse, confidence wise, and if it does, its only all the more reason to believe that bull markets are around the corner.

  This typifies the sort of delusional thinking that I referred to earlier, to which you took exception, but clearly, if you believe that you are laboring under a delusion.

  http://www.dictionary.com/search?q=delusion People have allowed yourself to be conned at every phase and you are no exception. Back a couple of years ago when the tech wreck first occurred the bulls were all saying that the market would come back. I didnt. Then when there was talk of a recession the bulls said that that wouldnt happen. They were wrong. Then every quarter they predicted that the markets would come back next quarter or next half. They didnt. They are trying to pass on the same lies now, and why shouldnt they, there apparently are still fools who desperately what to believe that stuff.

  http://www.uniontrib.com/news/business/20020701-9999_1n1deficit.html

  / You Know
• 
  155

  WORLD OF LIES COMING UNRAVELED

  by You Know in

  1. watchtower
  2. beliefs

  some historians date the beginning of the end of the soviet empire to the chernobyl disaster, for the reason that for several days after the explosion, as the radioactive cloud floated quietly over europe, the soviet government said nothing to warn people of the dangers that may have minimized some of the exposure.

  it ruined their credibility, from which they never recovered.

  presently, the whole capitalist system has an even worse credibility problem.

  1. 
  2. 
  3. 
• 

  You Know

  Crazy drinker, Hopefully you won't be driving or trying to operate heavy equipment in your present condition. / You Know
• 
  155

  WORLD OF LIES COMING UNRAVELED

  by You Know in

  1. watchtower
  2. beliefs

  some historians date the beginning of the end of the soviet empire to the chernobyl disaster, for the reason that for several days after the explosion, as the radioactive cloud floated quietly over europe, the soviet government said nothing to warn people of the dangers that may have minimized some of the exposure.

  it ruined their credibility, from which they never recovered.

  presently, the whole capitalist system has an even worse credibility problem.

  1. 
  2. 
  3. 
• 

  You Know

  crazydrinker

  Billions of Dollars are traded everyday dumbass Its called money exchanging You obviously have never taken an economic class

  Obviously you don't have a clue what you are talking about. Actually the daily financial turnover exceeds one trillion dollars per day, everyday. In case you are unaware, that's more than a billion. LOL

  http://www.forexcapital.com/introfx.htm'> http://www.forexcapital.com/introfx.htm"> http://www.forexcapital.com/introfx.htm

  If you had you would realise that the Gold Standard put incredible limits on trade and economic growth.

  No, again you have no idea what you are saying. The gold standard put limits to monetary and financial excesses, particularly in the floating exchange rates, but it actually supported economic growth by providing stability in exchange rates.

  Your claim that the world has gone bad since the gold standard was dumped is just plain stupid. Hmmm lets see lets compare 1932-2002.

  You are out in left field man. The gold standard wasn't dropped until 1972. LOL / You Know
• 
  536

  LET'S MAKE A LITTLE WAGER

  by You Know in

  1. jw
  2. friends

  perhaps you recall the instance in the bible where samson made a wager with the philistines that they couldnt guess his riddle.

  as it turned out they wheedled the answer out of him by his fiancee, but the point is that they had a wager.

  since the underlying assumption of the apostasy is that we are not living in the last days of this system of things, and that this world is not facing anything remotely like the biblical apocalypse, at least not any time soon, in the spirit of such antagonism, i would like to propose a similar wager.

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  You Know

  Tell me, You Know, are you predicting anything this July 4th or this October?

  Yes, as a matter of fact, I think we are going to see some fireworks come the 4th of July, and maybe in October too! / You Know