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Ethersync 02-28-2009 06:17 PM
Quote:
Originally Posted by onwebcam (Post 15564211)
Regardless of where you are from does any of this sound familiar?

?Very soon, every American will be required to register their biological property in a national system designed to keep track of the people and that will operate under the ancient system of pledging. By such methodology, we can compel people to submit to our agenda, which will effect our security as a chargeback for our fiat paper currency. Every American will be forced to register or suffer being unable to work and earn a living. They will be our chattel, and we will hold the security interest over them forever, by operation of the law merchant under the scheme of secured transactions.

Americans, by unknowingly or unwittingly delivering the bills of lading to us will be rendered bankrupt and insolvent, forever to remain economic slaves through taxation, secured by their pledges. They will be stripped of their rights and given a commercial value designed to make us a profit and they will be none the wiser, for not one man in a million could ever figure our plans and, if by accident one or two should figure it out, we have in our arsenal plausible deniability. After all, this is the only logical way to fund government, by floating liens and debt to the registrants in the form of benefits and privileges. This will inevitably reap to us huge profits beyond our wildest expectations and leave every American a contributor to this fraud which we will call ?Social Insurance.? Without realizing it, every American will insure us for any loss we may incur and in this manner, every American will unknowingly be our servant, however begrudgingly. The people will become helpless and without any hope for their redemption and, we will employ the high office of the President of our dummy corporation to foment this plot against America.? Edward Mandell House
Interesting. I know that EMH was one of the founders of the CFR, but do you have a source for this quote?

Rico Shades 02-28-2009 06:17 PM
God please fall. I really, really would like to shoot those hot Euro sluts for $200. :1orglaugh:1orglaugh:1orglaugh

Ethersync 02-28-2009 06:19 PM
Quote:
Originally Posted by Rico Shades (Post 15564227)
God please fall. I really, really would like to shoot those hot Euro sluts for $200. :1orglaugh:1orglaugh:1orglaugh
Well USD parity with the Euro is certainly in the cards sometime within the next 12-24 months...

onwebcam 02-28-2009 06:29 PM
Quote:
Originally Posted by Ethersync (Post 15564226)
Interesting. I know that EMH was one of the founders of the CFR, but do you have a source for this quote?
It's from Woodrow Wilson's memoirs. House said this to him during a meeting around the time of the setup of the Federal Reserve.

MaDalton 02-28-2009 06:37 PM
Quote:
Originally Posted by Ethersync (Post 15564003)
The people of Europe overwhelmingly do not support the Treaty of Lisbon (aka the EU Constitution). It was voted down in referendums in France, Holland, certainly would have been in the UK and arguably most of the rest of Europe had they not stopped having referendums due to lack of public support. Instead of listening to the people, politicians in pretty much every country in the EU, except for Ireland, decide to do a backdoor deal of sorts. Politicians in Ireland followed their constitutional mandate and had a public referendum on the adoption of the treaty (constitution) and, just like everywhere else in Europe that did the same prior, it was voted DOWN by the people. You criticize this and referring to it as "a kick in the ass"? Sorry, but you sound like a fucking fascist :2 cents:
sigh... why the name calling? people can have opposite opinions without insulting each other on a personal level. at least I can. and this is really the first time in 37 years that someone calls me facist. it's almost funny.

Quote:
Originally Posted by CarlosTheGaucho (Post 15564023)
If you show me one single EU citizen that does know what is the core subject of the Lisbon treaty and will be able to put together two sensible sentences about it I will believe you. :winkwink:

here's the point: 99% of the people have no clue what the topic is about. public referendums are usually won by the party that screams louder but not necessaribly has the more reasonable points. this is why i don't like them. i still know that governments are by far not perfect, but still the chances that decisions are not influenced by short term marketing campaigns are much higher.

Ethersync 02-28-2009 08:24 PM
Quote:
Originally Posted by MaDalton (Post 15564271)
sigh... why the name calling? people can have opposite opinions without insulting each other on a personal level. at least I can. and this is really the first time in 37 years that someone calls me facist. it's almost funny.




here's the point: 99% of the people have no clue what the topic is about. public referendums are usually won by the party that screams louder but not necessaribly has the more reasonable points. this is why i don't like them. i still know that governments are by far not perfect, but still the chances that decisions are not influenced by short term marketing campaigns are much higher.
So ignore the "fascist" remark and tell me where I am wrong in the rest of what I wrote. Because it seems to me you are trying to say that the people of Europe should not have a voice in matters of national sovereignty because the EU political elite know what is best for them.

DWB 02-28-2009 09:39 PM
Quote:
Originally Posted by grumpy (Post 15561611)
Solving debt with more debt will neger ever work. Not for Eurpope not for USA
Yet everyone seems to be overlooking that.

Stock up on gold, you're gonna need it. :2 cents:

cykoe6 02-28-2009 11:00 PM
Quote:
Originally Posted by onwebcam (Post 15564211)
Regardless of where you are from does any of this sound familiar?

?Very soon, every American will be required to register their biological property in a national system designed to keep track of the people and that will operate under the ancient system of pledging. By such methodology, we can compel people to submit to our agenda, which will effect our security as a chargeback for our fiat paper currency. Every American will be forced to register or suffer being unable to work and earn a living. They will be our chattel, and we will hold the security interest over them forever, by operation of the law merchant under the scheme of secured transactions.

Americans, by unknowingly or unwittingly delivering the bills of lading to us will be rendered bankrupt and insolvent, forever to remain economic slaves through taxation, secured by their pledges. They will be stripped of their rights and given a commercial value designed to make us a profit and they will be none the wiser, for not one man in a million could ever figure our plans and, if by accident one or two should figure it out, we have in our arsenal plausible deniability. After all, this is the only logical way to fund government, by floating liens and debt to the registrants in the form of benefits and privileges. This will inevitably reap to us huge profits beyond our wildest expectations and leave every American a contributor to this fraud which we will call ?Social Insurance.? Without realizing it, every American will insure us for any loss we may incur and in this manner, every American will unknowingly be our servant, however begrudgingly. The people will become helpless and without any hope for their redemption and, we will employ the high office of the President of our dummy corporation to foment this plot against America.? Edward Mandell House
Is it necessary for you to post your asinine nonsense in a thread that has nothing to do with the US? Were you worried that we all forgot that you are clinically insane? Don't concern yourself as it has been duly noted. No need to post any more idiotic drivel. :321GFY

onwebcam 02-28-2009 11:43 PM
Quote:
Originally Posted by cykoe6 (Post 15564954)
Is it necessary for you to post your asinine nonsense in a thread that has nothing to do with the US? Were you worried that we all forgot that you are clinically insane? Don't concern yourself as it has been duly noted. No need to post any more idiotic drivel. :321GFY
:1orglaugh It has a lot to do with this topic you just don't know how to connect the dots. As far as what I posted it is from the memoirs of an Ex US President. So are you going to call him insane?

onwebcam 02-28-2009 11:49 PM
What the hell I'll help you out a little bit and since you would prefer it to be about the EU/UK maybe hearing it from someone from the UK will help.

It's an illusion
https://youtube.com/watch?v=V0IM7Hobd_k

Canadian?
Your Human Rights and the Illusion
http://video.google.com/videoplay?do...21377956329335

American?
The Right to Self-Determination
http://www.themillionairenu.com/comeout.php

spacedog 02-28-2009 11:51 PM
Quote:
Originally Posted by Jensen (Post 15561897)
glad we have some cash stacked away...
cash = $0 if the currency is devalued.

spacedog 02-28-2009 11:55 PM
Quote:
Originally Posted by onwebcam (Post 15564211)
Regardless of where you are from does any of this sound familiar?

?Very soon, every American will be required to register their biological property in a national system designed to keep track of the people and that will operate under the ancient system of pledging. By such methodology, we can compel people to submit to our agenda, which will effect our security as a chargeback for our fiat paper currency. Every American will be forced to register or suffer being unable to work and earn a living. They will be our chattel, and we will hold the security interest over them forever, by operation of the law merchant under the scheme of secured transactions.

Americans, by unknowingly or unwittingly delivering the bills of lading to us will be rendered bankrupt and insolvent, forever to remain economic slaves through taxation, secured by their pledges. They will be stripped of their rights and given a commercial value designed to make us a profit and they will be none the wiser, for not one man in a million could ever figure our plans and, if by accident one or two should figure it out, we have in our arsenal plausible deniability. After all, this is the only logical way to fund government, by floating liens and debt to the registrants in the form of benefits and privileges. This will inevitably reap to us huge profits beyond our wildest expectations and leave every American a contributor to this fraud which we will call ?Social Insurance.? Without realizing it, every American will insure us for any loss we may incur and in this manner, every American will unknowingly be our servant, however begrudgingly. The people will become helpless and without any hope for their redemption and, we will employ the high office of the President of our dummy corporation to foment this plot against America.? Edward Mandell House
Man... that's some fucking creepy shit there.

NoComments 03-01-2009 02:35 AM
Quote:
Originally Posted by Lord Aga (Post 15563984)
http://www.nocomments.com/2/London04...elgo%20046.jpg

You nearly got me arrested this night! and not for climbing Nelsons column!

How u doing bud? :)
I tried your ICQ, e-mail, all failed.
Let's get together, I am free as a bird now and will gladly try having you arrested again.
:)
Can we get Meat with us, so he could get arrested too!?
;)

CarlosTheGaucho 03-01-2009 04:14 AM
Quote:
Originally Posted by Ethersync (Post 15564134)
You are right that the lax lending standards in Eastern Europe are not exactly the same as those in America... They are worse :(
Wrong,

We're talking about the fact that someone went to a risky venture to earn a little bit more, and the timing was far from ideal, but it has nothing to do with the relation between banks and its customers and any "lending standards".

The access to credit in US and Europe can't be compared at any level, so can't be compared the consumer spending habits.

Just for illustration, for example in this worst, extremely boring pseudo socialistic shithole where I live now, the banks are making 53 pct. of their profit on small fees (meaning that you get charged for withdrawing money, getting a statement to your adress etc.) so they're making more from holding your money than from lending money.

CarlosTheGaucho 03-01-2009 04:24 AM
Quote:
Originally Posted by MaDalton (Post 15564271)
here's the point: 99% of the people have no clue what the topic is about. public referendums are usually won by the party that screams louder but not necessaribly has the more reasonable points. this is why i don't like them. i still know that governments are by far not perfect, but still the chances that decisions are not influenced by short term marketing campaigns are much higher.
Not to overlook the fact who was actually financing the whole Irish anti Lisbon treaty campaign.

Majority of the people will always be incompetent idiots, and the Gauss curve knows no compromise - that's the beauty of this world.

CarlosTheGaucho 03-01-2009 04:26 AM
Quote:
Originally Posted by Rico Shades (Post 15564227)
God please fall. I really, really would like to shoot those hot Euro sluts for $200. :1orglaugh:1orglaugh:1orglaugh
You can shoot the Euro Sluts for free, just make sure you don't get busted!

:winkwink:

Iron Fist 03-01-2009 04:39 AM
Quote:
Originally Posted by PurrrsianPussyKat (Post 15560516)
So wait.. americans aren't the only ones that lived beyond their means for years? I thought we were the cause of all the worlds ills. :winkwink:
No.. but you showed everyone else how to do it, and THAT is what makes you TWICE as bad! :disgust:disgust:disgust

wjxxx 03-01-2009 05:07 AM
Quote:
Originally Posted by CarlosTheGaucho (Post 15562137)
wjxxx

I will citate one of my all time favorite politicians Leonid Brezhnev:
Are you a fucking communist, or what ?

CarlosTheGaucho 03-01-2009 05:17 AM
Quote:
Originally Posted by wjxxx (Post 15565379)
Are you a fucking communist, or what ?
No, I never fucked a communist, yet.

I'm just a pathological cynic and have a little interest in the modern history.

I've also studied statistics among other things and worked with the government in the past.

These two things make me die hard sure those numbers are nowhere near relevant, it's just something to feed the masses with and to fill the "stats".

There are no relevant or accurate statistics in this world unless you provide them on your own and for something you have access to ALL the data and input.

Agression and hate is something I deeply love and practice, you should try to think too though - the risk of ownage is too high!

Ethersync 03-01-2009 05:52 AM
Quote:
Originally Posted by CarlosTheGaucho (Post 15565302)
Wrong,

We're talking about the fact that someone went to a risky venture to earn a little bit more, and the timing was far from ideal, but it has nothing to do with the relation between banks and its customers and any "lending standards".

The access to credit in US and Europe can't be compared at any level, so can't be compared the consumer spending habits.

Just for illustration, for example in this worst, extremely boring pseudo socialistic shithole where I live now, the banks are making 53 pct. of their profit on small fees (meaning that you get charged for withdrawing money, getting a statement to your adress etc.) so they're making more from holding your money than from lending money.
No offense, but you are just completely uninformed and wrong. Ironic since you live in Czech Republic. Anyways, you will see soon enough.

Ethersync 03-01-2009 05:53 AM
Quote:
Originally Posted by DirtyWhiteBoy (Post 15564828)
Stock up on gold, you're gonna need it. :2 cents:
I'm well stocked up :)

CarlosTheGaucho 03-01-2009 05:53 AM
Quote:
Originally Posted by Ethersync (Post 15565426)
No offense, but you are just completely uninformed and wrong. Ironic since you live in Czech Republic. Anyways, you will see soon enough.
Tell me specifically, in points, what am I wrong in?

What specifical experience do you have with the European banking system, especially in the central and Eastern Europe?

I am always glad to educate myself. But you can't argument with something being "wrong" - that's always relative. :)

I'm out of the discussion again, time to make a dime.

CarlosTheGaucho 03-01-2009 05:59 AM
Oh, before I forget, please name also a list of all the sources that you used while coming up with those theories.

wjxxx 03-01-2009 06:14 AM
Quote:
Originally Posted by CarlosTheGaucho (Post 15565390)
I'm just a pathological cynic and have a little interest in the modern history.
But, you DO know who Leonid Brezhnev was ?

wjxxx 03-01-2009 06:17 AM
Quote:
Originally Posted by Ethersync (Post 15565426)
No offense, but you are just completely uninformed and wrong. Ironic since you live in Czech Republic. Anyways, you will see soon enough.

You`re wrong and commie is right. In the USA even total loser has credit card and NINJA has mortgage, in Eastern Europe nobody has credit card and you have to be premium customer to get mortgage

Ethersync 03-01-2009 06:25 AM
Quote:
Originally Posted by CarlosTheGaucho (Post 15565429)
Tell me specifically, in points, what am I wrong in?

What specifical experience do you have with the European banking system, especially in the central and Eastern Europe?

I am always glad to educate myself. But you can't argument with something being "wrong" - that's always relative. :)

I'm out of the discussion again, time to make a dime.
I had a number of investments in the area. I was involved with one of the larger investment funds in Eastern Europe, which had over $100 million dollars. I have a large number of friends who have or had similar funds throughout the Baltic States, Poland, Hungary, Bulgaria and Germany. I have spent a considerable amount of time living throughout Europe and specifically Eastern Europe the last 10 years. My wife is also from Eastern Europe originally and I know the problems the majority of her family is having right now being buried in debt and completely out of work. I have met numerous times with top executives of the Baltic divisions of the 2 largest Swedish banks in the area. So I can say with some authority that you are wrong about the lax lending standards, personal debt and the problems the banks are having.

DarkJedi 03-01-2009 06:28 AM
Quote:
Originally Posted by Lord Aga (Post 15563984)
Serge, you look like a bum. Can't you afford some decent clothes?

Malicious Biz 03-01-2009 06:52 AM
http://farm3.static.flickr.com/2038/...06b981bc8d.jpg

CarlosTheGaucho 03-01-2009 07:08 AM
Quote:
Originally Posted by wjxxx (Post 15565456)
But, you DO know who Leonid Brezhnev was ?
I never had a chance to meet him or talk to him.

CarlosTheGaucho 03-01-2009 07:08 AM
Quote:
Originally Posted by wjxxx (Post 15565463)
You`re wrong and commie is right. In the USA even total loser has credit card and NINJA has mortgage, in Eastern Europe nobody has credit card and you have to be premium customer to get mortgage
Very well said! :winkwink:

CarlosTheGaucho 03-01-2009 07:14 AM
Quote:
Originally Posted by Ethersync (Post 15565470)
I had a number of investments in the area. I was involved with one of the larger investment funds in Eastern Europe, which had over $100 million dollars. I have a large number of friends who have or had similar funds throughout the Baltic States, Poland, Hungary, Bulgaria and Germany. I have spent a considerable amount of time living throughout Europe and specifically Eastern Europe the last 10 years. My wife is also from Eastern Europe originally and I know the problems the majority of her family is having right now being buried in debt and completely out of work. I have met numerous times with top executives of the Baltic divisions of the 2 largest Swedish banks in the area. So I can say with some authority that you are wrong about the lax lending standards, personal debt and the problems the banks are having.
You still didn't stated anything to move me one single inch.

I'm awaiting on the sources / links to where you got possesed with this demon, tell me also one specific role case of the family, that will be easier to illustrate it, won't it?

I don't care about someone out of work, there's plenty of work around here, people are just degenerated idiots that are not used to take responsibility or risk and only want to be mediocre and share the same looser problems with their peers.

That someone invested in "Investment funds" in eastern Europe sounds extremely scary!

:winkwink:

MaDalton 03-01-2009 07:24 AM
Quote:
Originally Posted by Ethersync (Post 15564636)
So ignore the "fascist" remark and tell me where I am wrong in the rest of what I wrote. Because it seems to me you are trying to say that the people of Europe should not have a voice in matters of national sovereignty because the EU political elite know what is best for them.
i believe that people should elect local governments that then represent their countries in the EU legislative. nothing more and nothing less.

MaDalton 03-01-2009 07:26 AM
Quote:
Originally Posted by wjxxx (Post 15565463)
You`re wrong and commie is right. In the USA even total loser has credit card and NINJA has mortgage, in Eastern Europe nobody has credit card and you have to be premium customer to get mortgage
this has actually a lot of truth in it.

CarlosTheGaucho 03-01-2009 07:28 AM
Does being educated about communism equal being a communist these days?

Let's call McCarthy to the grave to be the judge!

Ethersync 03-01-2009 08:08 AM
Quote:
Originally Posted by CarlosTheGaucho (Post 15565538)
You still didn't stated anything to move me one single inch.

I'm awaiting on the sources / links to where you got possesed with this demon, tell me also one specific role case of the family, that will be easier to illustrate it, won't it?

I don't care about someone out of work, there's plenty of work around here, people are just degenerated idiots that are not used to take responsibility or risk and only want to be mediocre and share the same looser problems with their peers.

That someone invested in "Investment funds" in eastern Europe sounds extremely scary!

:winkwink:









Spicoli 03-01-2009 08:14 AM
Quote:
Originally Posted by evie (Post 15562227)
How much that really worth?
well............
http://www.xe.com/ucc/

1 ZWD = 0.0104800 USD

nolongerexists 03-01-2009 09:10 AM
Quote:
Originally Posted by wjxxx (Post 15565463)
You`re wrong and commie is right. In the USA even total loser has credit card and NINJA has mortgage, in Eastern Europe nobody has credit card and you have to be premium customer to get mortgage
Bingo. Poland's problem are not given CREDITS themeselves. It's the foreign companies that need their invested cash back RIGHT NOW. That's why the national currencies are so depreciated so quickly. It looks like Eastern Europe is taking a part in 'save the ass' of all those big financial companies.

cykoe6 03-01-2009 09:39 AM
Quote:
Originally Posted by onwebcam (Post 15565011)
:1orglaugh It has a lot to do with this topic you just don't know how to connect the dots. As far as what I posted it is from the memoirs of an Ex US President. So are you going to call him insane?
I can fucking connect the dots well enough to know that you are a fucking idiot. Your idiotic delusional nonsense about the Federal Reserve is annoying enough when that is the topic but that is not the case here. I am well aware that you believe every single fucking thing that happens is part of a well orchestrated global conspiracy run by the Jews or the Illuminati or fucking lizards or whatever by I am sick and fucking tired of you sticking your paranoid simplistic bullshit into every thread.

Anyone who has ever left their apartment for even a few minutes and who can interact with other people without a heavy does of Lithium knows that the world is composed of competing interest groups and who are in a constant state of conflict, hence well orchestrated global conspiracies are not possible. Anyone who pays taxes or has dealings with any government agency in any country knows that government bureaucracies are barely capable of collecting taxes and then giving it away to their friends. There is not a government agency on the planet capable of keeping a big secret or operating in an efficient or stealthy manner. Even the fucking NKVD had to execute a bunch of its agents every few years to keep people quiet.

"Never ascribe to malice that which is adequately explained by incompetence."

I understand the voices in your head tell you otherwise but why don't you take your medication, get out of your basement and take a walk in the park or something. At a bare minimum please shut the fuck up. If that is not possible go post on prison planet or democratic underground where everyone will applaud your stupidity and tell you what a fucking genius you are. :disgust

cykoe6 03-01-2009 09:57 AM
Quote:
Originally Posted by wjxxx (Post 15565463)
You`re wrong and commie is right. In the USA even total loser has credit card and NINJA has mortgage, in Eastern Europe nobody has credit card and you have to be premium customer to get mortgage
This is false. Two years ago in Latvia anyone with a job on the books could quite easily get a loan with monthly payments up to 2/3 of their salary. Someone making 600 LVL per month ($1200) could buy a $40,000 car. Now there are so many cars loans under water in Latvia that the finance companies are not even repossessing them since there are no buyers at any price. All those loans are non performing and are held by European banks (mostly Swedish). That does not even hold a candle to the amount of real estate loans that are under water.

nolongerexists 03-01-2009 10:24 AM
Quote:
Originally Posted by cykoe6 (Post 15565912)
This is false. Two years ago in Latvia anyone with a job on the books could quite easily get a loan with monthly payments up to 2/3 of their salary. Someone making 600 LVL per month ($1200) could buy a $40,000 car. Now there are so many cars loans under water in Latvia that the finance companies are not even repossessing them since there are no buyers at any price. All those loans are non performing and are held by European banks (mostly Swedish). That does not even hold a candle to the amount of real estate loans that are under water.
Law difference I think. That's why you cant put Latvia and Poland in the same bag when it comes to crisis. Seems each country is affected in different way.

There was EU meeting today. Read cliff notes to get idea of what I'm talking about. :-)

Paul Markham 03-01-2009 01:33 PM
Quote:
Originally Posted by $5 submissions (Post 15562086)
:2 cents: People need to realize that Business cycles are natural and should be left to unwind. Trying to "manage" it just creates bigger problems down the road.
The problem some have, including the US, is they are giving money to the people who dropped us into this mess and so much money repaying it is going to be tough. The people we owe it to must know that and they also know that they are part of the problem.

Because for decades we have exported jobs and manufacturing, imported anything we can that's 5% cheaper than producing it at home, run it on the basis that we can keep borrowing and the finance sector will earn enough to save us.

We now know that sector over priced every thing it could so it could pay itself massive bonuses. Little of which will be clawed back.

If you earn $1000 a week and spend $990 you can smile, if you earn $1,000 a week and spend $1001 or more you're going to get fucked eventually. That rule applies to individuals and empires. How many here live withing theirs means? We live withing our means.

Paul Markham 03-01-2009 01:45 PM
Quote:
Originally Posted by CarlosTheGaucho (Post 15562270)
About :2 cents: Evie,

Say hello to that old burglar, let him get well.

I'm sure he'll be able to handle the disease even in that terrible ancient age of him as far as I know his boards enthusiasm!
I think you mean "that old bugger"

I'm fighting it. At home after having a tube fitted and will make a blog to keep people informed, my good friend Viv Thomas had the same thing and fought and won.

Ethersync 03-01-2009 01:50 PM
Quote:
Originally Posted by cykoe6 (Post 15565912)
This is false. Two years ago in Latvia anyone with a job on the books could quite easily get a loan with monthly payments up to 2/3 of their salary. Someone making 600 LVL per month ($1200) could buy a $40,000 car. Now there are so many cars loans under water in Latvia that the finance companies are not even repossessing them since there are no buyers at any price. All those loans are non performing and are held by European banks (mostly Swedish). That does not even hold a candle to the amount of real estate loans that are under water.
Exactly :2 cents:

Payment reminders start filling Estonian?s mailboxes
http://www.balticbusinessnews.com/De...3-5c77f468f6a9

Even the crisis has its winners
http://www.balticbusinessnews.com/De...7-473f210b162a

Desperate times call for desperate measures
http://www.baltictimes.com/news/articles/22268/

Latvia?s new booming business ? debt collection
http://www.baltictimes.com/news/articles/20559/

Debt collectors turning to illegal methods
http://www.baltictimes.com/news/articles/20353/

Lithuania Debt Collector Uses Witchcraft
http://www.npr.org/templates/story/s...oryId=99451294

Latvians struggle with debt
http://www.baltictimes.com/news/articles/22266/

Debt collector inundated with work
http://www.baltictimes.com/news/articles/20052/

Sinking in a quagmire of debt
http://www.baltictimes.com/news/articles/20243/

Latvians leaving creditors holding the bag
http://www.baltictimes.com/news/articles/21649/

Paul Markham 03-01-2009 01:51 PM
Quote:
Originally Posted by cykoe6 (Post 15565912)
This is false. Two years ago in Latvia anyone with a job on the books could quite easily get a loan with monthly payments up to 2/3 of their salary. Someone making 600 LVL per month ($1200) could buy a $40,000 car. Now there are so many cars loans under water in Latvia that the finance companies are not even repossessing them since there are no buyers at any price. All those loans are non performing and are held by European banks (mostly Swedish). That does not even hold a candle to the amount of real estate loans that are under water.
This was happening in more places than Latvia, for instance the UK was giving out mortgages no one could repay in a good economy. So the bankers could earn bonuses based on the debt portfolios. And most people were buying into the system. Look at your debts and tell me they are manageable. Even if you keep your present income.

Then think in terms of it dropping 15%.

We built a house on sand and guess what happened when the tide came in?

Ethersync 03-01-2009 01:52 PM
Quote:
Originally Posted by Jesus H Christ (Post 15566144)
Looks like the EE got shot down. http://www.foxnews.com/story/0,2933,502764,00.html

Who wants to bet within the next 6 months Austria goes the way of Iceland?

http://chart.finance.yahoo.com/c/2y/_/_atx
"BRUSSELS ? German Chancellor Angela Merkel has rejected calls for a multibillion-euro bailout plan for eastern European Union member states."

Well, things in Eastern Europe are about to go from really fucking bad to a whole lot worse this week :2 cents:

nolongerexists 03-01-2009 01:55 PM
Quote:
Originally Posted by Ethersync (Post 15566871)
"BRUSSELS ? German Chancellor Angela Merkel has rejected calls for a multibillion-euro bailout plan for eastern European Union member states."

Well, things in Eastern Europe are about to go from really fucking bad to a whole lot worse this week :2 cents:
why is that?

onwebcam 03-01-2009 01:56 PM
Quote:
Originally Posted by cykoe6 (Post 15565861)
I can fucking connect the dots well enough to know that you are a fucking idiot. Your idiotic delusional nonsense about the Federal Reserve is annoying enough when that is the topic but that is not the case here. I am well aware that you believe every single fucking thing that happens is part of a well orchestrated global conspiracy run by the Jews or the Illuminati or fucking lizards or whatever by I am sick and fucking tired of you sticking your paranoid simplistic bullshit into every thread.

Anyone who has ever left their apartment for even a few minutes and who can interact with other people without a heavy does of Lithium knows that the world is composed of competing interest groups and who are in a constant state of conflict, hence well orchestrated global conspiracies are not possible. Anyone who pays taxes or has dealings with any government agency in any country knows that government bureaucracies are barely capable of collecting taxes and then giving it away to their friends. There is not a government agency on the planet capable of keeping a big secret or operating in an efficient or stealthy manner. Even the fucking NKVD had to execute a bunch of its agents every few years to keep people quiet.

"Never ascribe to malice that which is adequately explained by incompetence."

I understand the voices in your head tell you otherwise but why don't you take your medication, get out of your basement and take a walk in the park or something. At a bare minimum please shut the fuck up. If that is not possible go post on prison planet or democratic underground where everyone will applaud your stupidity and tell you what a fucking genius you are. :disgust
Sorry not paranoid, no voices and I don't even take aspirin :1orglaugh. But yes I'm very well informed. You obviously didn't take the time to watch even one of the videos I posted. Your loss.

Ethersync 03-01-2009 02:00 PM
Quote:
Originally Posted by blindzior (Post 15566877)
why is that?
Did you read the article?

nolongerexists 03-01-2009 02:05 PM
Yes, I did. Hit our local news a few hours ago. We didn't want the cash. Czech didn't want the cash. It's the Hungary who wants it and another Baltic countries who seems to need it. We are going to see how it plays out, but I wouldn't be so sceptic.

cykoe6 03-01-2009 02:13 PM
Quote:
Originally Posted by onwebcam (Post 15566881)
But yes I'm very well informed.
What is sad is actually believe that. You think that watching an Alex Jones video on youtube makes you informed. You think that the sound and fury you idiots make screaming to each other in your echo chambers at prisonplanet actually mean something. You think that spouting your Marxist propaganda will lead to your glorious workers paradise but it only leads to Lubyanka and Vorkuta. I am only comforted by the fact that when the time comes it is coffee house revolutionaries like you that always die first. :upsidedow


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