Lets talk future and solutions

[Lemechaim]

Banking was conceived in iniquity and was born in sin. The Bankers own the Earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it. But, take it away from these, and all the great fortunes like mine will disappear, for this would be a better and happier world and they ought to disappear. But if you wish to remain the slaves of Bankers and pay the price of your own slavery, let them continue to create deposits. - Sir Josiah Stamp, President of the Bank of England from the 1920's.

So we are able to cry over spilled milk. Or we could find answers.

I favor finding answers.

What could they be?

[jesusin75]

We could cry over spilled milk. Or we could find answers. I prefer finding answers. What could they be?

There really isn't anything (traders) could do. Have you noticed the barrage of new regulations and rules set being introduce that are against how traders and traders make or move money? However, NO new regulations for banks, bankers, brokers, investment houses.... etc..

As a civilian, there are lots of solutions we could take up in being against the banking system. One answers is to Do For Ourselves. Stop relying on handouts and help , even if offered at an discounted rate. Start saving and OWN EVERYTHING in your possession (for instance, your house) rather than rely on Credit or borrowed funds. Credit's notion is mad, if you consider it. Someone give you money, money you do not have and hope to get paid back, on time. If you are borrowing money, you've got a financial problem and I don't find that financially, strained person paying back money owed, with interest (at a top, over inflated interest rate in most cases).

[Lemechaim]

There really isn't anything us (traders) could do. Have you noticed the barrage of new regulations and rules set being introduce which are against traders and investors earn or transfer money? However, NO new regulations for banks, bankers, brokers, investment houses.... etc..

As a civilian, there are many options we can take up in being against the banking system. One answers would be to Do For Ourselves. Quit relying on handouts and help , even if offered at an increadible discounted rate. Start saving and OWN EVERYTHING...

I partially agree with you.

My father could not have purchased a house without charge. However he didn't borrow from it to find a car and a lot of items that are useless. He paid it off .

The idea would be to use credit wisely. And also to pay it off .

Maxing out credit cards at Best Buy and pay them off with a home equity loan isn't a wise use and neither is borrowing to buy a giant SUV when it is used to head to Starbucks and back.

[GasLey]

Hi all,

let me just start off with this particular specific question 2 american traders here.

Who possesses the fed??? Did contribute 2 the presidential election effort or 2 any political party?? Do have a powerful lobby group lobbying 4 your interests in congress???

Well, the banks do!!!

Obama maybe screwing the fat so 4 their extravangance n gains. Some1 had 2 take the rap 2 calm down the public. See what happens when the crisis stinks!! The fat 2 will be wanted by regain the fat that they lost during the crisis. Banks r in the company of earning profits by screwing their clients. Where do u think their multi-million bonuses? Ever heard of the phrase so, where r the clients yatchs?? It is just like these fx bucketshops, ok.

Go n read concerning the bofa takeover deal of merill lynch. There is a shocking relevation by the ceo concerning the offer of it.

Will we go back 2 the gold standard??? Certain, if gold is going to be valued at a minimum of 10k per ounce. Taking a look the rising money supply is growing day after day. I don't think 10k is

Why can your goverment condone all those banks n fiscal houses who tempt into debt?? Don't have? Wait, there's refinancing via your home with arm terms. Ok, that is below the premise that the worth of your house n your salary that is actual keep rising also!!! I read that high school students who r still in school receive credit card stickers!!!

R u americans ready 4 inflation the weimar republic germany style!! Or perhaps u like the version that is zimbawe. With the way you will find printing money, it is not hopeless!!! R u ready when the us has been dethroned as the world's reserve currency?? R u ready 4 the dollar collapse?? If the central banks do not have any reason 2 keep buying treasury bonds. Like now, where the fed is printing money 2 buy it. Your own goverment is currently borrowing money from it's right pocket 2 place in pocket!!

A few of maybe concerned of the development n rise of china. but y?? U americans donated two it

Anybody who informs 2 go into debt 2 b wealthy. Tell them 2 go n take a hike. The number of people do u know that r up in debt 2 their eyeballs n r rich?? With cold hard cash in their bank account 2 back them up??? Those fancy doodads r what's killing them today. Did the doodads come by?? By entering debt!! Some will inform u that there is debt n poor debt. Crap. Go into debt n u will discover someone who owns u someday. The only debt need is when u buy a home or take the risk of entering a business.

Go n watch the movie i.o.u.s.a.

[Lemechaim]

hi all,

let me just start off with this question two american traders here.

Who owns the fed??? Did u contribute two the election campaign or two any political party?? Do u have a lobby group lobbying 4 your interests in congress???

Nicely, the banks do!!!

Obama maybe screwing the fat so 4 their extravangance n perks. Some1 had two take the rap two calm down the public. See what happens once the crisis stinks!! The fat 2 will be wanted by s regain the fat that they lost during the emergency. Banks r in the company of making...

I welcome your opinions but English is my second language and will kindly ask that you refrain from using texting code or whatever it is called. 2 wealthy, n r are examples of what I am on about. I must ask that if you need everyone to have an ice cube's hope in hell of knowing what you're on about.

Secondly, I have seen I.O.U.S.A. and consider it to be necessary viewing for everyone if they are American or not. That's why I have seen it.

Now that we know what the issues are, what would the answers be?

[gulcieva]

Hi Jay,
It's very, very gloomy but I think although we can
talk future we cannot talk solutions.
Given that all world governments and especially all politicians are by nature corrupt and devoid of any ethical
integrity the chances for any reform are zero.
This may sound overly cynical but I used to have good hopes
and brave ambitions, however over the past 40 odd years, I
have noticed them all reduced to submission.
Hate to be negative but welcome to the real world.

[Lemechaim]

Hi Jay,
It is very, very depressing but I believe although we could
talk future we can't talk solutions.
Given that all world governments and notably all politicians are by nature corrupt and devoid of any ethical
integrity the possibilities for any reform are zero.
This may seem too cynical but I used to have good hopes
and brave ambitions, but within the last 40 odd years, I
have seen them all reduced to entry.
Hate to be negative but welcome to the real world.

Thank you for the welcome.

So are you really saying that there is no alternative? None in Any Way?

What happened to a government of the people by individuals?

To give you an instance, a friend of mine is an old hippie. We have all seen bitch about it, the type, moan about that. One day I told him that if he felt so strongly about a few issues to either get elected or if a candidate has perspectives in line with hisor her to assist that candidate.

Well guess what, he not only became a voter for the first time in his life but for the very first time, he volunteered to enable a mayoral candidate.

Even if I disagree with his views, I applaud his own initiative. At least he took some.

Seems like a lot of individuals are mining and complaining about the company shop whilst still encouraging it.

[jesusin75]

Politics has has never been runned by the folks and at all times runned this country. Take the basic idea of the Presidency. The initial job of the President was to be Chief-and-Commander of the Military, not the people (civilians). That's all! Down the line, the people gave up the rights by electing a official to speak-out for them. Rather, elected officials speak-out on their profit or political advantage and could careless what the people had to say. Things happen to be the way they are for generations upon generations and now that the damage has been done, I don't see thing going back to those people.

People can blame some politician about the current economic condition, but it is the people to blame. Politics ought to be ranned like a company; not a social club, which is exactly what it is now. There should not be sides, for example Democrates or even Republicans. There ought to be one group of individuals working on what is ideal for this country, for a frequent goal. It's the people who proceeds to promote the segragation of political circles by enabling this to occur and shamming.

There isn't likely to be change (that the President's electorial creed) unless a Re-Structuring of Government happens first. If things continue the way they are. So, change must start with the people. Will you see change.

However, I don't see that happening. For gosh sakes, we still haven't delt with racism... which runs rampid from the southrn ( most northern) areas of this country. Therefore, when people stop being followers and choose to be leaders rather, then we will see change in the economy, since the politicians and wall street may complain and put to a dog pony show on how bad the economy is and how it is not exceptable, and change desired, they are those profiting off the struggles and pains of those people. If anybody doesn't believe I”m right, prove me wrong.

Everyone is talking solutions. The President, politicians, wall street... but have you really seen any actions backing up their conversation?

[Lemechaim]

Everyone is speaking solutions. The President, politicians, wall road... but have you really seen any activity backing up their conversation?

Then maybe it's time for me to move to France. When they're pissed off instead of carrying it where folks get to the streets.

Or bring the Guillotine to America. . .Now there is a idea.

[Yolilaviha]