What happened to all of the doom and gloom economic threads?

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DEMAND ACCOUNTS?

You mean TAX the peeps that did the right thing and SAVED money so they wont be on GUBMINT DOLE
 
DEMAND ACCOUNTS?

You mean TAX the peeps that did the right thing and SAVED money so they wont be on GUBMINT DOLE

Those people were small potatoes in the scheme.

Compare the Cyprus banking industry with its GDP. They wanted a cut of the Russian mob money.
 
Cyprus proposed to tax demand accounts ~10% (Owch if you are a Russian gangster).

Question of the day: Has the Fed's policy of keeping interest rates below 1% for the past three years amounted to the same thing here?

Answer: Yes. Had interest rates been in the 'normal' range, deposits would have earned an additional 10% over the past 3 years.
 
blah blah

fuck CYPRUS

all it was

was

a trial balloon

one domino down

many to go

once it starts

BANK RUNS INEVITABLE

why not tax, EXCESSIVE PROFITS in the MARKET?
 
Answer: Yes. Had interest rates been in the 'normal' range, deposits would have earned an additional 10% over the past 3 years.

interest rates were kept low


so COMPANIES could GORGE themselves on CHEAP $$$.......MAYBE JUST MAYBE they will help the economy.....they didn't


meanwhile, the FED couldn't do shit with the economy, so they PUSHED TEH MKTS up

most peeps made the $$$ back from 2008.....gave the illusion of GOOD TIMES

they hope the ILLUSION isn't a PO'Temkin village, but the ripple effect would spread

so far

it hasn't

(Im sure you understand all this, cause you be a smart juan, the NIGZ, wont get it)
 
interest rates were kept low


so COMPANIES could GORGE themselves on CHEAP $$$.......MAYBE JUST MAYBE they will help the economy.....they didn't


meanwhile, the FED couldn't do shit with the economy, so they PUSHED TEH MKTS up

most peeps made the $$$ back from 2008.....gave the illusion of GOOD TIMES

they hope the ILLUSION isn't a PO'Temkin village, but the ripple effect would spread

so far

it hasn't

(Im sure you understand all this, cause you be a smart juan, the NIGZ, wont get it)

AND - to manipulate the deficit.
 
The portion of the budget that goes to paying interest on the debt has been kept artificially low. A return to historical interest rates would double that payment.
 
And the game goes on. The greedy and dumb will give their money to the smart guys. Choose to be a smart guy.

:cool:
 
The portion of the budget that goes to paying interest on the debt has been kept artificially low. A return to historical interest rates would double that payment.

ARGH!

Indeed, I should have realized what you meant


Here is the problem.....The FED cant afford to let rates go up, cause mkt will tank and $$$ to pay new debt will rocket up

But rates MUST go up......

so here is what will happen

YOU HEARD IT FROM ANQUAN JIHAD, and from BB II as well


The FED is THE big BUYER of debt....the FED is the GUBMINT....the GUBMINT pays the interest on the debt the FED buys.....therefore the GUBMINT is taking money from juan pocket and putting in another

SO

The FED will take a few TRILLION in SAID debt and

Since the GUBMINT owes us THIS money and we be the GUBMINT, why have us pay us

POOF....wipe out trillions in DEBT owed by by the GUBMINT to the GUBMINT....thereby reducing the DEBT...and the interest owed on DEBT

and WhoSane Obama will sceech

I REDUCED THE DEBT!

and the NIGGS of LIT will cum 6 times per minute when said screed will be guttered
 
Doing that would tighten the money supply, which would lead to inflation.

So the balancing act, once rates and security in the EU and Asia go up, is how much debt can the Fed cancel and still keep inflation under control.
 
money supply constriction doesn't lead to inflation

will lead to a mkt collapse
 
Hey yo, Johnny

its startng

While some of California’s interior counties are really struggling, the wealthy coasts and the tech industry are helping to keep everything propped up — but it seems that the progressive state just can’t resist taking a little off the top wherever possible.


California’s top-end taxpayers — already steamed over a recent hike in the nation’s highest state income tax — are now fuming over a new $120 million retroactive tax grab on small business owners.

In December, the state’s tax authority determined that a tax break claimed over the past few years by 2,500 entrepreneurs and stockholders of California-based small businesses is no longer valid and sent out notices of payment.

“How would you feel if you made a decision, which was made four years ago, (and) you absolutely knew was legally correct and four years later a governing body came in and said, ‘no, it’s not correct, now you owe us a bunch more money. And we’re going to charge you interest on money you didn’t even know you owed’,” Brian Overstreet told Fox News from his office north of San Francisco. …

“Once the revenue is identified, those folks up in Sacramento will figure out how to spend it already,” warns former state Sen. George Runner. “And that’s what makes this so difficult. Even though it has this great bipartisan support as being wrong.” …
 
Hey yo, Johnny

its startng

While some of California’s interior counties are really struggling, the wealthy coasts and the tech industry are helping to keep everything propped up — but it seems that the progressive state just can’t resist taking a little off the top wherever possible.


California’s top-end taxpayers — already steamed over a recent hike in the nation’s highest state income tax — are now fuming over a new $120 million retroactive tax grab on small business owners.

In December, the state’s tax authority determined that a tax break claimed over the past few years by 2,500 entrepreneurs and stockholders of California-based small businesses is no longer valid and sent out notices of payment.

“How would you feel if you made a decision, which was made four years ago, (and) you absolutely knew was legally correct and four years later a governing body came in and said, ‘no, it’s not correct, now you owe us a bunch more money. And we’re going to charge you interest on money you didn’t even know you owed’,” Brian Overstreet told Fox News from his office north of San Francisco. …

“Once the revenue is identified, those folks up in Sacramento will figure out how to spend it already,” warns former state Sen. George Runner. “And that’s what makes this so difficult. Even though it has this great bipartisan support as being wrong.” …

Like telling the slubs to be more efficient with gasoline. Then gas tax receipts went down. So the government needs a way to replace the revenue they lost because people did what they were told.

tee hee?
 
I formed a new LLC last year (my fourth one) and didn't buy any new personal property for the business. But still have to pay $300 personal property tax.

I'm getting taxed on nothing!
 
I formed a new LLC last year (my fourth one) and didn't buy any new personal property for the business. But still have to pay $300 personal property tax.

I'm getting taxed on nothing!

yeah



paid 9 $300 tax craps on my LLC's as well

But I fuck em in the end, I never "make" $$$ and they get no tax
 
Trial run

This "glitch" will happen again and again

getting peeps USED to it

and once when it will be for real, many will be "immune"

Chase Customers See Bank Balance Reduced to Zero


The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store



Glitch stokes panic on Twitter

Paul Joseph Watson
Infowars.com
March 19, 2013

Millions of Chase Bank customers were affected by an unfortunately timed glitch which resulted in their checking and savings accounts showing a zero balance for several hours yesterday, prompting many to take to Twitter and express panic that their money had been stolen.



Reaction to the glitch was undoubtedly made more intense by the fact that the top global news story yesterday was about how residents of Cyprus were facing a mandatory “tax” that would see 10 per cent of their savings plundered for a banker bailout.

After Chase was hit by a denial of service attack last week, the bank blamed an “internal” issue for the glitch which left shocked customers thinking their online and mobile banking accounts had been emptied of deposits. The issue was resolved by 7:30pm PST.
 
Trial run

This "glitch" will happen again and again

getting peeps USED to it

and once when it will be for real, many will be "immune"

Chase Customers See Bank Balance Reduced to Zero


The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store



Glitch stokes panic on Twitter

Paul Joseph Watson
Infowars.com
March 19, 2013

Millions of Chase Bank customers were affected by an unfortunately timed glitch which resulted in their checking and savings accounts showing a zero balance for several hours yesterday, prompting many to take to Twitter and express panic that their money had been stolen.



Reaction to the glitch was undoubtedly made more intense by the fact that the top global news story yesterday was about how residents of Cyprus were facing a mandatory “tax” that would see 10 per cent of their savings plundered for a banker bailout.

After Chase was hit by a denial of service attack last week, the bank blamed an “internal” issue for the glitch which left shocked customers thinking their online and mobile banking accounts had been emptied of deposits. The issue was resolved by 7:30pm PST.

Just practice, Chase does have a seat of the fed reserve. :D
 

According to Martenson: "These systems could all implode at the same time. Food, water, energy, money. Everything."

Another member of this team, Keith Fitz-Gerald, the president of The Fitz-Gerald Group, went on to explain their discoveries.

"What this pattern represents is a dangerous countdown clock that's quickly approaching zero. And when it does, the resulting chaos is going to crush Americans," Fitz-Gerald says.

Dr. Kent Moors, an adviser to 16 world governments on energy issues as well as a member of two U.S. State Department task forces on energy also voiced concerns over what he and his colleagues uncovered.

"Most frightening of all is how this exact same pattern keeps appearing in virtually every system critical to our society and way of life," Dr. Moors stated.

Gloomy enough?
 
What Sequester? Feds To Continue Funding Study On “Duck Penis Length”…




Let me guess… they’re very small?


(CNSnews.com) – The National Science Foundation (NSF) has awarded a $384,949 grant to Yale University for a study on “Sexual Conflict, Social Behavior and the Evolution of Waterfowl Genitalia”, according to the recovery.gov website.

The grant description says,“The project examines how reproductive morphology covaries with season, age, and social environment in a diverse sample of duck species that differ in ecology, territoriality and breeding system.”

The grant was made available through the American Recovery and Reinvestment Act, better known as the stimulus package.

The project has been receiving money from the NSF since 2009 and is slated for funding through July of this year.
 
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