- Search Crypto Craft
- gat commented Oct 21, 2013
Wow, this topic is still on the board. One point that has not been discussed from my posts is about the victim groups. Yes, people of different cultures can co-exist among each other but not if one acts like or is a victim group. That is not the ...
Why A Swiss Proposal To Give Every Citizen $2,800 Each Month Is So Radical
- gat commented Oct 18, 2013
Of course without an air force someone could decide to take what the Swiss have while they retreat to their defensive caves. Good thing the US has been a sucker providing the defense for Europe since WW2. Look at Jane's for the fearsome German navy ...
Why A Swiss Proposal To Give Every Citizen $2,800 Each Month Is So Radical
- gat commented Oct 18, 2013
Where does government get that money? From the people. So it moves more money around faster feeding inflation. That's the best result. But the idea ignores human nature which is to sloth. We walk one side of the block not around three to get to the ...
Why A Swiss Proposal To Give Every Citizen $2,800 Each Month Is So Radical
- gat commented Oct 18, 2013
1/3 of Swiss GNP but he says it's not a government expenditure. lol He's wackier than the Democrats here. With a decent livable income guaranteed why work? Or if you get bored and do take a job why show up on time Monday morning or stay on Friday ...
Why A Swiss Proposal To Give Every Citizen $2,800 Each Month Is So Radical
- gat commented Oct 17, 2013
DragonFire - Not meaning to be insulting but you area tool. Whining about 24 billion lost income in a 17 trillion economy, and your other MINOR points are laughable. How long will it take for our leaders to print an extra 24 b? So what if China ...
US crisis over, will China re-think Treasury holdings?
- gat commented Oct 16, 2013
Why does every article and every newscaster keep calling it a default? When a most basic factor about an issue is incorrect, whether by incompetence or by purposeful lying, the source must be viewed with increasing doubt and eventually ignored. A ...
6 ways a default could hurt the world
- gat commented Oct 15, 2013
I'm not surprised hearing newscasters repeatedly saying no deal means default. They are after all mouthpieces for the administration. But I am surprised that the comments here, from a group one would think is a bit more economically educated, repeat ...
Obama says if GOP can't resolve debt standoff, "we stand a good chance of default"
- gat commented Oct 9, 2013
Look at the chart for personal credit last out a couple of days ago. It's not just the government that can't live within its means. Putting groceries on a credit card is ok if you pay it off each month but really only a house, a car, or emergency ...
No Way U.S. Would Allow Debt Default? Don’t Bet on It
- gat commented Oct 8, 2013
The news is for uninformed idiots, aka useful tools. That's why they continually conflate the budget, debt ceiling, and default issues. There will be no default unless Butt Hole Orifice specifically refuses to pay the interest and any debt that has ...
Big creditors China, Japan press U.S. to resolve debt row
- gat commented Oct 1, 2013
30 whooping million a day? Big deal. It's only 0.00064% of the economy. That's 0.64% of 1%. Government loses that behind a filing cabinet every hour.
What You Can and Can't Do During the Government Shutdown
- gat commented Oct 1, 2013
Only thing that has reduced spending is the sequestration. In the past shutdowns the furloughed workers were given the back pay for not working. What kind of stupid is that? Never would happen in the private sector. There are 6 communities where the ...
What You Can and Can't Do During the Government Shutdown
- gat commented Sep 30, 2013
Calling it a shutdown and all the fretting about default is bogus. Revenues continue to come in and debt continues to be paid so no default. Other operations continue so not a shut down. "Shutdowns" have occurred something like 17 times and we are ...
First US Shutdown in 17 Years at Midnight Seen Probable
- gat commented Sep 24, 2013
I've become fond of the term "willful ignorance". You can tell people facts, show them graphs demonstrating facts, prove historical effects with facts, and still they cling to what they want to believe.
Fed official blasts White House handling of Bernanke succession
- gat commented Sep 18, 2013
Food or gold...food or gold. Or rent etc. Gold loses funske. I'll agree with Eagleprice to a point. Governments will support the price they bought or produced at. So they will promote fear directly or via GS et al. But it really does not represent ...
Gold's worst days are coming
- gat commented Sep 18, 2013
Central banks can hold all they want. So what. The gold standard is totally impractical. There's only a bit over $1500 per person at 1000/oz. Gold is of little practical use unless you consider jewelry practical. That's 52% while industrial only ...
Gold's worst days are coming
- gat commented Sep 17, 2013
Heard a supposedly leading authority say that if any taper is done it should be on the treasuries and not the mortgages. I think just the opposite. Trimming treasuries would nudge interest rates up thus increasing the deficit spending among other ...
Don’t Let This Rare Forex Technical Signal Go Unnoticed
- gat commented Sep 12, 2013
Remember when individuals did not have credit cards? Only big ticket items - cars and houses - where bought on credit. Now the only time there is growth is when credit is expanded. Look at the charts on here when the data comes up. Personal credit ...
Draghi Rate Vow Splits Economists as Euro Area Rebounds
- gat commented Sep 10, 2013
So a fortnights worth of time is worth a stone of weight? Very strange. lol
Want to fail in trading? Do this!
- gat commented Aug 27, 2013
Your assumptions are wrong realclick. I am a Libertarian who finds plenty of fault with GWB. It is the elite vs the common man - not the R vs D. I wonder if you realize that. History backs up my opinions on foreign affairs as well as economics.
Treasury Secretary Lew: Obama not negotiating over the debt limit
- gat commented Aug 27, 2013
Emperor Obama not negotiating is his style. How can he negotiate when he is the stupidest person in pretty near every room he is in? He was photo shopped into the situation room pic when Osama was taken out. Where was he? Upstairs playing cards. So ...
Treasury Secretary Lew: Obama not negotiating over the debt limit