The Dollar is Under Attack! - DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate

**Fiipolera** · 10-13-2009, 04:35 AM

What the hell did you think was going to happen when your boy Obama decided to run trillion dollar annual deficits for the forseeable future?

**vioppyskype** · 10-13-2009, 04:46 AM

Hey, that flagging dollar = stock market dynamite. Stop being a baby.

**DF9sLGSU** · 10-13-2009, 06:36 AM

"Oh no, our precious economic supremacy is under threat!! How ever did this happen?!"

Thanks for f***ing over America, baby boomers. You couldn't win Nam, couldn't run a country with a balanced budget, and couldn't help but run the USD into the ground thanks to your greed and insatiable lust for cheap sh*t. Funny how America's worst generation came right after its greatest.

All the Little Eichmanns... or Zkribs of the world are to blamed for this. And what do they do when the going gets tough? Leave for the Philippines in search of teen brides.

Now now, Ming will come in and defend his baby boomer ilk while he laughs his ass to retirement while everyone else suffers from his profligate life. I'm glad that Ming's kids are going to inherit a **** sandwich.

**Qncvqpgfg** · 10-13-2009, 07:02 AM

"Oh no, our precious economic supremacy is under threat!! How ever did this happen?!"

Thanks for f***ing over America, baby boomers. You couldn't win Nam, couldn't run a country with a balanced budget, and couldn't help but run the USD into the ground thanks to your greed and insatiable lust for cheap sh*t. Funny how America's worst generation came right after its greatest.

All the Little Eichmanns... or Zkribs of the world are to blamed for this. And what do they do when the going gets tough? Leave for the Philippines in search of teen brides.

You earned my respect with this.

**NutChusty** · 10-13-2009, 07:43 AM

Obama is a Baby Boomer.

**YpbWF5Yo** · 10-13-2009, 07:47 AM

Your generation voted him in, bottom line. I can still hear the cheers that resonated at Poly.
Fools.

What was the voter turnout for under 30?

**VonErmad4** · 10-13-2009, 07:56 AM

There's no plot. Anyone holding dollars right now is losing value, the treasury cannot raise interest rates to make up for that loss, and with other economies starting to raise interest rates we are even less able to get investors to buy our debt than before.

The only one dumping dollars on the market is the Fed.

This is the start of the slide we've been fearing since they started dumping last year.

**Rasklad** · 10-13-2009, 10:52 AM

Gold is now 1060/Oz.(intraday high).

Happy news for those of us who bought at 750, 850, and 950 as much as we could (I was laughed at back then by some for pointing out the obvious about interest rates below 1% for this long).

That is NOT a 'rise in value' of gold. It is the obvious. Gold doesn't change.

Of course the stock market is up. I hear the zimbabwe stock market is worth several quadrillion Zim dollars. Nominal values are meaningless.

You should now be all buying silver (not gold until it dips again).

I certainly hope the current policy continues. My $2000 Troy ounce may not be able to buy much more than a 800 dollar ounce could've in 1979, but at least I'll have preserved my wealth a heck of a lot better than some fool putting their money in a savings account or fixed income and trusting in the good graces of Bernanke & Co.

**mybooboo** · 10-13-2009, 01:00 PM

Gold is now 1060/Oz.(intraday high).

Happy news for those of us who bought at 750, 850, and 950 as much as we could (I was laughed at back then by some for pointing out the obvious about interest rates below 1% for this long).

That is NOT a 'rise in value' of gold. It is the obvious. Gold doesn't change.

Of course the stock market is up. I hear the zimbabwe stock market is worth several quadrillion Zim dollars. Nominal values are meaningless.

You should now be all buying silver (not gold until it dips again).

I certainly hope the current policy continues. My $2000 Troy ounce may not be able to buy much more than a 800 dollar ounce could've in 1979, but at least I'll have preserved my wealth a heck of a lot better than some fool putting their money in a savings account or fixed income and trusting in the good graces of Bernanke & Co.

Yes, I too distinctly remember saying 'buy gold' last year...

Of course, the shares I bought are doing far better than my gold, but then one should diversify one's portfolio...

**levitratestimon** · 10-13-2009, 11:23 PM

That is NOT a 'rise in value' of gold. It is the obvious. Gold doesn't change.

**nanyaHgoc** · 10-14-2009, 02:39 AM

Why me? Anybody with even a rudimentary understanding of economics could do it.

**dosugxxx** · 10-14-2009, 02:49 AM

Why me? Anybody with even a rudimentary understanding of economics could do it.

Because you let the **** words fly better than the rest of us.

**StitsVobsaith** · 10-14-2009, 03:30 AM

Obama was born in '61, which makes him a GenXer. Sorry.

at 1961 being GenX

**MeatteCen** · 10-14-2009, 05:38 AM

Did the UN pass a resolution?

10-13-2009, 04:35 AM	#1
Fiipolera Join Date Oct 2005 Posts 429 Senior Member	The Dollar is Under Attack! What the hell did you think was going to happen when your boy Obama decided to run trillion dollar annual deficits for the forseeable future? Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

10-13-2009, 04:46 AM	#2
vioppyskype Join Date Oct 2005 Posts 477 Senior Member	Hey, that flagging dollar = stock market dynamite. Stop being a baby. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

10-13-2009, 06:36 AM	#3
DF9sLGSU Join Date Oct 2005 Posts 438 Senior Member	"Oh no, our precious economic supremacy is under threat!! How ever did this happen?!" Thanks for f**ing over America, baby boomers. You couldn't win Nam, couldn't run a country with a balanced budget, and couldn't help but run the USD into the ground thanks to your greed and insatiable lust for cheap sht. Funny how America's worst generation came right after its greatest. All the Little Eichmanns... or Zkribs of the world are to blamed for this. And what do they do when the going gets tough? Leave for the Philippines in search of teen brides. Now now, Ming will come in and defend his baby boomer ilk while he laughs his ass to retirement while everyone else suffers from his profligate life. I'm glad that Ming's kids are going to inherit a **** sandwich. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

10-13-2009, 07:02 AM	#4
Qncvqpgfg Join Date Oct 2005 Posts 373 Senior Member	"Oh no, our precious economic supremacy is under threat!! How ever did this happen?!" Thanks for f**ing over America, baby boomers. You couldn't win Nam, couldn't run a country with a balanced budget, and couldn't help but run the USD into the ground thanks to your greed and insatiable lust for cheap sht. Funny how America's worst generation came right after its greatest. All the Little Eichmanns... or Zkribs of the world are to blamed for this. And what do they do when the going gets tough? Leave for the Philippines in search of teen brides. You earned my respect with this. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

10-13-2009, 07:43 AM	#5
NutChusty Join Date Oct 2005 Posts 565 Senior Member	Obama is a Baby Boomer. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

10-13-2009, 07:47 AM	#6
YpbWF5Yo Join Date Oct 2005 Posts 469 Senior Member	Your generation voted him in, bottom line. I can still hear the cheers that resonated at Poly. Fools. What was the voter turnout for under 30? Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

10-13-2009, 07:56 AM	#7
VonErmad4 Join Date Oct 2005 Posts 543 Senior Member	There's no plot. Anyone holding dollars right now is losing value, the treasury cannot raise interest rates to make up for that loss, and with other economies starting to raise interest rates we are even less able to get investors to buy our debt than before. The only one dumping dollars on the market is the Fed. This is the start of the slide we've been fearing since they started dumping last year. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

10-13-2009, 10:52 AM	#8
Rasklad Join Date Oct 2005 Posts 390 Senior Member	Gold is now 1060/Oz.(intraday high). Happy news for those of us who bought at 750, 850, and 950 as much as we could (I was laughed at back then by some for pointing out the obvious about interest rates below 1% for this long). That is NOT a 'rise in value' of gold. It is the obvious. Gold doesn't change. Of course the stock market is up. I hear the zimbabwe stock market is worth several quadrillion Zim dollars. Nominal values are meaningless. You should now be all buying silver (not gold until it dips again). I certainly hope the current policy continues. My $2000 Troy ounce may not be able to buy much more than a 800 dollar ounce could've in 1979, but at least I'll have preserved my wealth a heck of a lot better than some fool putting their money in a savings account or fixed income and trusting in the good graces of Bernanke & Co. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

10-13-2009, 01:00 PM	#9
mybooboo Join Date Oct 2005 Posts 538 Senior Member	Gold is now 1060/Oz.(intraday high). Happy news for those of us who bought at 750, 850, and 950 as much as we could (I was laughed at back then by some for pointing out the obvious about interest rates below 1% for this long). That is NOT a 'rise in value' of gold. It is the obvious. Gold doesn't change. Of course the stock market is up. I hear the zimbabwe stock market is worth several quadrillion Zim dollars. Nominal values are meaningless. You should now be all buying silver (not gold until it dips again). I certainly hope the current policy continues. My $2000 Troy ounce may not be able to buy much more than a 800 dollar ounce could've in 1979, but at least I'll have preserved my wealth a heck of a lot better than some fool putting their money in a savings account or fixed income and trusting in the good graces of Bernanke & Co. Yes, I too distinctly remember saying 'buy gold' last year... Of course, the shares I bought are doing far better than my gold, but then one should diversify one's portfolio... Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

10-13-2009, 11:23 PM	#10
levitratestimon Join Date Oct 2005 Posts 413 Senior Member	That is NOT a 'rise in value' of gold. It is the obvious. Gold doesn't change. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

10-14-2009, 02:39 AM	#11
nanyaHgoc Join Date Oct 2005 Posts 445 Senior Member	Why me? Anybody with even a rudimentary understanding of economics could do it. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

10-14-2009, 02:49 AM	#12
dosugxxx Join Date Oct 2005 Posts 497 Senior Member	Why me? Anybody with even a rudimentary understanding of economics could do it. Because you let the **** words fly better than the rest of us. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

10-14-2009, 03:30 AM	#13
StitsVobsaith Join Date Oct 2005 Posts 537 Senior Member	Obama was born in '61, which makes him a GenXer. Sorry. at 1961 being GenX Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

10-14-2009, 05:38 AM	#14
MeatteCen Join Date Oct 2005 Posts 507 Senior Member	Did the UN pass a resolution? Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

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