By 2030, things will be worse than the 60s ever were

[Ehwmatt]

http://www.stltoday.com/stltoday/news/s ... enDocument

There's an ominous wind of change blowing in this country. Cultures are about to war in a big fuckin way. Enough fuckin said

At least the cops in this case have the balls to at least HINT that it might be racially motivated... gee, ya think?

Some kid just got the shit beat out of him at a local fair a cpl weeks ago by 20 black kids and the media around here wouldn't even describe them as BLACK, let alone hint at a racial motivation. It needs to cut both ways, but they are scared.

[Behshad]

http://www.stltoday.com/stltoday/news/stories.nsf/illinoisnews/story/60D37B6EC5FF4711862576320011605B?OpenDocument

There's an ominous wind of change blowing in this country. Cultures are about to war in a big fuckin way. Enough fuckin said

2030??? 2012 (Dec 21st) is when things will change, didnt you get the memo

[Rockindeano]

http://www.stltoday.com/stltoday/news/stories.nsf/illinoisnews/story/60D37B6EC5FF4711862576320011605B?OpenDocument

There's an ominous wind of change blowing in this country. Cultures are about to war in a big fuckin way. Enough fuckin said

At least the cops in this case have the balls to at least HINT that it might be racially motivated... gee, ya think?

Some kid just got the shit beat out of him at a local fair a cpl weeks ago by 20 black kids and the media around here wouldn't even describe them as BLACK, let alone hint at a racial motivation. It needs to cut both ways, but they are scared.

Man, St. Louis is a hard town, especially East St Louis. Just proves racial tension is all but gone. I don't think anyone has the answer to this problem.

[Voyager]

Our biggest problems will be financial by 2030... third world nations are outproducing us in the manufacturing sector because we moved our manufacturing plants there for cheap labor. China is kicking our ass economically. We cannot be a service-only nation without selling products to the rest of the world and expect to have a thriving economy. Without a good economy all the other problems cannot be dealt with because there will be no funds available for them.

[Ehwmatt]

Our biggest problems will be financial by 2030... third world nations are outproducing us in the manufacturing sector because we moved our manufacturing plants there for cheap labor. China is kicking our ass economically. We cannot be a service-only nation without selling products to the rest of the world and expect to have a thriving economy. Without a good economy all the other problems cannot be dealt with because there will be no funds available for them.

Perhaps, and financial problems will lead to worse.

[strangegrey]

Our biggest problems will be financial by 2030... third world nations are outproducing us in the manufacturing sector because we moved our manufacturing plants there for cheap labor. China is kicking our ass economically. We cannot be a service-only nation without selling products to the rest of the world and expect to have a thriving economy. Without a good economy all the other problems cannot be dealt with because there will be no funds available for them.

There's a reason. Over the years, China has purchased a very large store of dollars, in an effort to peg their yuan against the dollar. The end result is that their businesses (which remember, are state businesses) are never seriously affected by currency translation/re-measurement issues. Therefore, they can always deliver a product that the US will be able to afford and consume....contrast this with countries like England, who's pound has remained relatively strong to the dollar. Anyone that's a guitarist can understand this by looking at how expensive Celestion, Marshall and Vox products have become in the past 10 years.

We allowed this to happen, because as a country we have become a huge debtor. I mean, who's going to pay for all of the wars, the bailouts, the healthcare, etc....the idiots that have voted for the Pelosi's, Reid's, Bush's and Obama's think that money grows on a tree somewhere in washington. It doesn't. We just sell our debt to other countries. China scoops it up...because we give them a huge export market.

Granted, had we not had the global debt market to tap into, we would have entered the Greatest Depression (which would made the one in the 30s look like the roaring 20s) right around the time Bill Clinton was taste testing cigars. But that's neither here nor there.

The fact is, we have a global debt market and for the past 20 years, we've increased our foreign debt significantly.



Anyone that thinks our economy has green shoots of life is seeing things. We're in for a very long haul out of this...and there's ALOT of danger ahead.


Anytime China decides to look for greener pastures (no pun intended) it can dump our dollars on the markets and drive us into financial ruin.



China doesn't need an army to blast us into the dark ages. They can do it with their banks....





Obama's just desperate to find a way to stave off this financial ruin long enough to pass it on to the next poor sap that sits in his chair. Presidents have been gutlessly doing this for over 20 years. Bush I left Clinton with the prospects of financial ruin....Clinton left it for Hayseed...and Hayseed left the mother of financial messes for YoMamma. Trust me, YoMamma is going to string this along anyway he can....and dump it on his successor....


There's no easy way out of this problem. The only real solution is to cut government spending by 90% or greater....and that's not going to happen in our lifetimes.

[Ehwmatt]

Video footage for your viewing pleasure: http://www.fox2now.com/videobeta/watch/ ... 0On%20Tape

[Rockindeano]

Obama's just desperate to find a way to stave off this financial ruin long enough to pass it on to the next poor sap that sits in his chair. Presidents have been gutlessly doing this for over 20 years. Bush I left Clinton with the prospects of financial ruin....Clinton left it for Hayseed...and Hayseed left the mother of financial messes for YoMamma. Trust me, YoMamma is going to string this along anyway he can....and dump it on his successor....

Whoa wait a second...

Clinton left what to Hayseed?


A peaceful world and a huge surplus. A surplus to Hayseed was just a bigger toy box full of brand new shit.

[mikemarrs]

Obama's just desperate to find a way to stave off this financial ruin long enough to pass it on to the next poor sap that sits in his chair. Presidents have been gutlessly doing this for over 20 years. Bush I left Clinton with the prospects of financial ruin....Clinton left it for Hayseed...and Hayseed left the mother of financial messes for YoMamma. Trust me, YoMamma is going to string this along anyway he can....and dump it on his successor....

Whoa wait a second...

Clinton left what to Hayseed?


A peaceful world and a huge surplus. A surplus to Hayseed was just a bigger toy box full of brand new shit.

when clinton left in 2000 there was a surplus not to mention no wars.eight years later bush left us completely up shit creek.he fucked a lot of shit up in eight years.


imagine if gore won in 2000.i would've loved to see gore instead of bush win in 2000.

[Eric]

Obama's just desperate to find a way to stave off this financial ruin long enough to pass it on to the next poor sap that sits in his chair. Presidents have been gutlessly doing this for over 20 years. Bush I left Clinton with the prospects of financial ruin....Clinton left it for Hayseed...and Hayseed left the mother of financial messes for YoMamma. Trust me, YoMamma is going to string this along anyway he can....and dump it on his successor....

Whoa wait a second...

Clinton left what to Hayseed?


A peaceful world and a huge surplus. A surplus to Hayseed was just a bigger toy box full of brand new shit.

Do we have to have the debt versus deficit conversation again Dean?

[Eric]

China doesn't need an army to blast us into the dark ages. They can do it with their banks....

Don't forget though...China is addicted to our cheap exports

[Ehwmatt]

China will never try and fuck us over. It's a symbiotic relationship, no good would come from putting us out of business. That argument doesn't hold any water for me.

[strangegrey]

A peaceful world and a huge surplus. A surplus to Hayseed was just a bigger toy box full of brand new shit.

A 'balanced budget' does not mean surplus. Surplus is a very misused term with respect to Clinton's time in office. This country was still massively in debt when Clinton left the white house. The difference was that he renegotiated the terms on alot of that debt to come due during Hayseed's term. Mighty ingenious actually. Move your overburdening short term debt to long term debt and you look alot better....

As for the peaceful world thing...eh, don't go there. If Clinton broke the peace a little more during his term, we might not have had to deal with 3000 dead 8 years and 4 days ago!

[strangegrey]

China will never try and fuck us over. It's a symbiotic relationship, no good would come from putting us out of business. That argument doesn't hold any water for me.

Not true. Imagine if our economy takes a real turn for the worse....I'm talking Great Depression and worse....which we are by no means, out of the woods, in so far as such a threat.

Trust me, the very last thing the chinese would want, is to have it's yuan pegged to our dollar. We wouldn't be buying their goods anymore....so they would have zero reason to have a yuan get dragged down by the dollar.

If we went out of business on our own, they would have no choice but to sever the symbiosis.

They'll dump those fucking things quicker than dumping the bodies of the Tiananmen Square dead into the Yangtze river.....

[Rockindeano]

Frank, the recession is over.

Relax.

[Ehwmatt]

Frank, the recession is over.

Relax.

How can it be over with so many losing jobs? The car, banking, and finance industries are still shot. I don't believe the relatively encouraging stock market activity until other things fall into place. I want to, but sorry CNN, I ain't buying... yet

[strangegrey]

Frank, the recession is over.

Relax.

When the jobless figures drop back under 7% and we have 2 quarters of positive growth, I'll agree with you. Until then, we're very much in trouble right now....

[slucero]

This is no where NEAR over...

[Peartree12249]

http://www.stltoday.com/stltoday/news/stories.nsf/illinoisnews/story/60D37B6EC5FF4711862576320011605B?OpenDocument

There's an ominous wind of change blowing in this country. Cultures are about to war in a big fuckin way. Enough fuckin said

At least the cops in this case have the balls to at least HINT that it might be racially motivated... gee, ya think?

Some kid just got the shit beat out of him at a local fair a cpl weeks ago by 20 black kids and the media around here wouldn't even describe them as BLACK, let alone hint at a racial motivation. It needs to cut both ways, but they are scared.

Man, St. Louis is a hard town, especially East St Louis. Just proves racial tension is all but gone. I don't think anyone has the answer to this problem.

Luv the Obamablob Deano

[YoungJRNY]

Obama's just desperate to find a way to stave off this financial ruin long enough to pass it on to the next poor sap that sits in his chair. Presidents have been gutlessly doing this for over 20 years. Bush I left Clinton with the prospects of financial ruin....Clinton left it for Hayseed...and Hayseed left the mother of financial messes for YoMamma. Trust me, YoMamma is going to string this along anyway he can....and dump it on his successor....

Whoa wait a second...

Clinton left what to Hayseed?


A peaceful world and a huge surplus. A surplus to Hayseed was just a bigger toy box full of brand new shit.

when clinton left in 2000 there was a surplus not to mention no wars.eight years later bush left us completely up shit creek.he fucked a lot of shit up in eight years.


imagine if gore won in 2000.i would've loved to see gore instead of bush win in 2000.

He did, Florida just can't fucking vote.

[Arianddu]

We allowed this to happen, because as a country we have become a huge debtor. I mean, who's going to pay for all of the wars, the bailouts, the healthcare, etc....

Don't forget personal debt, too. I still remember being a little kid and adults at my parents parties getting into heated discussions about credit cards and whether it was ok to use them, and about the ethics of debt vs saving. Who saves these days? But the pressure to have a credit card is huge. I know plenty of people who live off their credit cards, and I just have to shake my head, because their entire pay goes to paying the bill, but the debt keeps rising. Far too many people who just don't get it - you can't spend more than you earn and stay financially ok, especially when there are interest rates on top of it.

[Jubilee]

Don't forget personal debt, too. I still remember being a little kid and adults at my parents parties getting into heated discussions about credit cards and whether it was ok to use them, and about the ethics of debt vs saving. Who saves these days? But the pressure to have a credit card is huge. I know plenty of people who live off their credit cards, and I just have to shake my head, because their entire pay goes to paying the bill, but the debt keeps rising. Far too many people who just don't get it - you can't spend more than you earn and stay financially ok, especially when there are interest rates on top of it.

Agreed. Sadly for some, I believe those chickens are now coming home to roost.

[rockinfayrose]

[quote="Ehwmatt"2030??? 2012 (Dec 21st) is when things will change, didnt you get the memo

Oh no, you believe the world's going to end on December 21, 2012 too Why should I believe this just because some Mayan calendar says so? Really I would like someone to shed some light on this cause it bugs me that people keep saying it