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User Info LA LA LA LA LA LA LA LA LA in forum [Ticker]
Genesis
Posts: 71431
Incept: 2007-06-26
A True American Patriot!
KD^2
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http://market-ticker.org/archives/688-LA....

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"The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2008-12-13 19:33:11
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Early_retirement
Posts: 1843
Incept: 2007-06-26

Burlington, Vermont
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Thanks KD.

I was singing Christmas songs while reading your ticker...

"Deck the Halls....FA LA LA LA LA LA LA LA LA LA..."

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"You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else."
2008-12-13 19:38:25
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Daozenrod
Posts: 303
Incept: 2008-11-18
Atlanta
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EXACTLY CORRECT.

There was no failure to warn, warn and warn again.
Plenty of people did their civic duty exactly on time--to no avail.

2008-12-13 19:47:27
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Jazumah
Posts: 142
Incept: 2008-08-20
New York
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I like this picture. I may have to steal it.

2008-12-13 19:49:05
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Wyocowboy
Posts: 4021
Incept: 2007-08-17

Wyoming's Rocky Mountains
Online
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It is interesting to note that J6P is now counting on basically the same people/groups that caused the problems to save him...LA LA LA LA LA LA LA LA LA

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An excuse is nothing more than an explanation of failure. Churchill
A government which robs Peter to pay Paul can always
depend on the support of Paul. George Bernard Shaw

2008-12-13 19:51:23
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Goldie
Posts: 244
Incept: 2008-08-02

North Carolina
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Bush will go down as the worst president in history. Clinton needs his balls cut off for signing that bill the repealed the Glass-Steagall act. 99% of our political leaders are corrupt or just incompetent. We are all ****ed. Merry X-mas.

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Total destruction the only solution

~Real Situation by Bob Marley
2008-12-13 19:55:42
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Jazumah
Posts: 142
Incept: 2008-08-20
New York
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KD, weren't you talking about a bond market dislocation? It has started in Australia:

"Australian state bonds slid this week as banks sold A$11 billion ($7.4 billion) of debt backed by Prime Minister Kevin Rudd’s funding guarantee, “dislocating” markets and pushing the premium investors demand to hold New South Wales securities over sovereign to the highest since the 1990s."

http://www.bloomberg.com/apps/news?pid=2....

You can thank Mish for finding it. How close are we to having this happen here? Maybe the government will backstop purchases of automaker debt? LA LA LA LA LA LA LA LA LA.

2008-12-13 20:02:18
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Synthetik
Posts: 4359
Incept: 2007-06-26
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RA RA RA RA... RA RA RA RA.


2008-12-13 20:06:36
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Eleua
Posts: 9907
Incept: 2007-07-05
A True American Patriot!
N 47.72/ W 122.55
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Quote:
Bush will go down as the worst president in history.


Only if nobody does a serious study of the Wilson Administration.

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http://clearcutbainbridge.blogspot.com/
2008-12-13 20:09:12
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Lemonaid
Posts: 4782
Incept: 2008-01-20

Detroit Metro
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Wilson that bastard... gave banks the power to create money (Federal Reserve Notes)

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"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." Ludwig von Mises
2008-12-13 20:11:21
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Goldie
Posts: 244
Incept: 2008-08-02

North Carolina
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I can see the Wilson argument definitely. What we need is a president with some real balls to shut down the fed.

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Total destruction the only solution

~Real Situation by Bob Marley

Last modified: 2008-12-13 20:19:21 by goldie

2008-12-13 20:18:50
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Lemonaid
Posts: 4782
Incept: 2008-01-20

Detroit Metro
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Why do Federal Reserve Notes have the signature of the Treasury Secretary?

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"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." Ludwig von Mises
2008-12-13 20:32:52
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Weezie
Posts: 3601
Incept: 2008-05-19
A True American Patriot!
Obama's personal message to the American people...
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Here's the image you need, Gen:


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----------------------------
Do not write below this line.
2008-12-13 20:54:44
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Norseman
Posts: 13372
Incept: 2008-02-25

Oregon
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image coming


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"The Free Markets are never wrong, only those who analyze them, including myself. If something is not developing as expected, it can never be the markets, only the failure to consider all the data impacting the market." Martin Armstrong

Play the charts,they do not lie. Media and people do.

Last modified: 2008-12-13 21:48:20 by norseman

2008-12-13 21:45:50
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Patentleathershoes
Posts: 7642
Incept: 2007-09-13
A True American Patriot!
Looking forward to PB&J time!
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Bush is guilty of going along with what was. I do give him credit for responding to 9/11 as he did.

Will it be better in January?

2008-12-13 22:03:40
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Mayorquimby
Posts: 5868
Incept: 2008-09-18

Ponzi Planet
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It seems more and more clear to me that a bunch of us like-minded people here and elsewhere will eventually all move to one state and then try and secede. This country is racing towards a brick wall. I'm not so sure we'll survive another 20 years based on what I've seen the past few months.

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It's a PONZI ECONOMY and it already HAS collapsed. Now they need more ponzi!
2008-12-13 22:13:35
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Nrogue87
Posts: 2276
Incept: 2007-09-03

New Jersey
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Karl, I love it!
On a note: You have to edit that banner on your ticker pages: SPX 955???? DJI 9452??!!! Perma-bulls like you...

2008-12-13 22:33:16
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Asfg3
Posts: 43
Incept: 2008-08-29

South Florida
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KD...

I don't think I could survive this without your insight. I feel as though my head is going to explode and if it weren't for your voice, I'm sure it would. I live in a state of utter hopelessness for this country (and the world). It amazes me how many people have their heads in the sand about what is really happening to us. Frankly, the only thing that's holding this mess together are the continued lies. They've got to run out of tricks soon, KD.

Jan

2008-12-13 23:24:17
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Synchronicity
Posts: 483
Incept: 2008-07-20

40° 15' 1
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Gen,

Great post! Very creative and totally on target.


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the forgotten man...."He is the man who is never thought of...He works, he votes, generally he prays---but he always pays..." Wm. G. Sumner, 1883

...It took man 5000 years to put wheels on his luggage...
2008-12-13 23:59:54
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Gen_maximus57
Posts: 2263
Incept: 2007-09-03

Miami
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Mayor

I support secession 100%, either that or take back our country from these fools and restore the original constitution


Just this weekend, I realized we must embrace the change

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Whenever destroyers appear among men, they start by destroying money, for money is men's protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper.

Last modified: 2008-12-14 05:18:18 by gen_maximus57

2008-12-14 05:17:28
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Lastchance
Posts: 1132
Incept: 2008-11-19
Las Vegas
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Let me make sure I understand all of this. If one has money, it earns 0% to 3% if loaned to Paulson. But if you cheat or lie or steal, one gets a reward.

Am I in the United States of America in December 2008?

This is not how things are supposed to be.

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"We don't quit. I don't quit" President Obama 1/27/10

Man, I would to have him in one of our poker games.
2008-12-14 05:26:21
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Fugitivekind
Posts: 613
Incept: 2007-08-20
A True American Patriot!
Boston
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The ticker's straightforward and powerful message was fantastic. It should be considered as a ticker classic.

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"I refuse to leave our children with a debt they cannot repay, and that means taking responsibility right now, in this administration, for getting our spending under control."
Barack Obama, Feb. 29, 2009
2008-12-14 06:35:58
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Tesla
Posts: 8174
Incept: 2008-04-03
A True American Patriot!
Delaware
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http://www.freestateproject.org/

Clearly you haven't heard about these people. It's looking better all the time - but I want a warmer state myself.

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"Neither the wisest Constitution nor the wisest laws will secure the liberty and happiness of a people whose manners are universally corrupt." Samuel Adams

I'd rather die on my feet than live on my knees. - Emiliano Zapata
2008-12-14 09:06:18
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Moniteyes
Posts: 2400
Incept: 2008-11-28
ny
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I am sending this to every one I know.

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2008-12-14 09:15:09
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Bozonian
Posts: 14033
Incept: 2007-09-01

PFT - Pure F'n Tin
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It's a good thing California is burying its head in the sand. It will serve as an example to the rest of the country of what's coming for everyone and Congress might sober up.

Naaaaah.

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I'm so depressed about outsourcing I called the suicide hotline and got a call center in Pakistan. They got all excited and asked me if I could drive a truck.

Everything I write is my opinion and not to be considered proven fact. Nothing I write should be considered financial advice.
2008-12-14 09:16:51
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