Lifestyle > Train of Thought
Check this...
Trauma-san:
I think you're being rediculous. There are hard times, a lot of people have it bad, but we're better off right now than we've ever been. Period. In the early 90's gangs were killing people all over the country, now you dont' hear shit about it. Hell, just 3 years ago we had dozens of soldiers a week dying in Iraq, now we don't. When Rodney King was arrested, the officers were aquitted and you had riots in the streets. In the 60's, you had riots in the streets, people were murdered. Now we have disgruntled teenagers taking popshots at the mall.
All this shit about the banks is hysteria. Please believe you don't know 1 fucking thing about the global bank market. You just think you do because of what you read in the newspaper, or what you see on television. How has your life changed because Citibank fucked up? It hasn't.
You say most of our politicians are lying thieves. What's new? In the 70's, Richard Nixon was so corrupt he had to QUIT THE OFFICE. John Kennedy was *murdered* in the 60's! Martin Luther King, Bobbie Kennedy, why do I have to give you a history lesson?
Things are MUCH better now.
You say we're repsonsible for deaths in other countries. In the 40's,we dropped nuclear bombs on Japan and the babies are still born over there with extra arms and shit. In the 1700's, we murdered every Indian that lived in America. In the 1800's, we enslaved every black person that lived in America. In the 40's, we put all the asians in concentration camps.
It just doesn't even compare. How you could not see that things are better now is beyond me.
AndrE16686:
Things are much better in some ways, but things are worse in other ways too. Its like the checkered chess board, as in life a person is constantly going through periods of light and dark. There is nothing wrong with looking back on history in context with the present. To me the song is kinda saying how WE are always on the eve of our destruction, how we always are on the eve our destruction, not that "the eve of our destruction is neigh". Its like in the Old Testament how God said that once yall eat the fruit yall shall surely die. Well, we are dying god. Constantly dying & constatnly being reborn. It is our realm, our reality.
"its a never ending game that never ceases to exist only the players change"
-GZA/Genius, I Gotcha Back.
Take the devil off your plane
Take him off your mental mentality
Take him off your brain
Leave all the ciggarettes and guns
The alcohol and everything
Thats the mental devil that exists within your body
...
Dont look towards the sky
Cause theres no heaven above
Dont look down beneath your feet
Theres no hell below
But heaven and hell exist within
Heaven is what you make it and
Hell is what youre going through
-Papa Wu, Wu-Revolution.
virtuoso:
Jrome you try responding rationally to this guy it doesn't work, you just need to be blunt with him oh and a great song, thanks for that, haven't heard it before but it sure does carry relevance.
Over 10.000 U.S soldiers are dead
Tens of thousands have been injured
The stock market is disappearing down the toilet, whenever the central banks pump more liquidity into the market, it temporarily halts the slide and then it plummets straight back down again.
Over 2 million homes in the U.S are going to be reposessed
America is bankrupt
The dollar has been completely debased
Psychopathic neocons actually want more september 11 attacks to further their aim for new wars
The stock market doesn't just affect small groups, that's peoples pensions down the toilet, they will be worth less than what they have contributed into them.
As the dollar is completely debased it means peoples savings don't amount to shit anymore.
The chinese will be forced to cut their peg to the dollar because of the downward pressures on the dollar and then americas transition into dependance will be harshly felt by everyone as inflation rockets.
How does it affect me? the average real wage of the average family in america has fallen by $1,000 since 2001.
The new jobs are being created in low paid service sector jobs, which have now also run out of steam because the big banks like the city bank, which you so ignorantly commented on, have cut the credit lines.
A government which is seemingly doing all it can to drive america into the ruins
On top of which there are psychopathic elements of the government attacking it's own people with anthrax!!
As for talking about how wonderful things are and then making the point about the depression, you ignorant low life ...
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/12/23/cccrisis123.xml
However I realise you don't actually care about reality.
jeromechickenbone:
--- Quote from: Trauma-san on February 02, 2008, 09:09:00 PM ---I think you're being rediculous. There are hard times, a lot of people have it bad, but we're better off right now than we've ever been. Period. In the early 90's gangs were killing people all over the country, now you dont' hear shit about it. Hell, just 3 years ago we had dozens of soldiers a week dying in Iraq, now we don't. When Rodney King was arrested, the officers were aquitted and you had riots in the streets. In the 60's, you had riots in the streets, people were murdered. Now we have disgruntled teenagers taking popshots at the mall.
All this shit about the banks is hysteria. Please believe you don't know 1 fucking thing about the global bank market. You just think you do because of what you read in the newspaper, or what you see on television. How has your life changed because Citibank fucked up? It hasn't.
You say most of our politicians are lying thieves. What's new? In the 70's, Richard Nixon was so corrupt he had to QUIT THE OFFICE. John Kennedy was *murdered* in the 60's! Martin Luther King, Bobbie Kennedy, why do I have to give you a history lesson?
Things are MUCH better now.
You say we're repsonsible for deaths in other countries. In the 40's,we dropped nuclear bombs on Japan and the babies are still born over there with extra arms and shit. In the 1700's, we murdered every Indian that lived in America. In the 1800's, we enslaved every black person that lived in America. In the 40's, we put all the asians in concentration camps.
It just doesn't even compare. How you could not see that things are better now is beyond me.
--- End quote ---
LOL @ me not knowing about the global banking market. How do you make that baseless assumption? I manage a $180 Million commercial real estate portfolio for our highest performing officer at a multi-billion dollar bank. He's 65 and I take over his position as soon as he retires. I've had one on one conversations w/ the #2 person at the Comptroller of Currency as recently as 2 weeks ago. I've talked economy w/ Boone Pickens and Donald Horton (google them). I personally know some extremely wealthy investors that worked Wall Street for 30 years. I'm not saying this shit to brag, I'm saying it because I'd be willing to bet my real world experience teaches me just a little better than your spoonfed reports from Fox News.
Since you understand global banking, explain to me about SIV funds. Tell me why Swiss banks are having problems. What are the potential ramifications of acquisitions of comanies like Countrywide to BofA? Tell me the rough numbers on capital injections from the middle east into our banks? What are the ramifications of this?
virtuoso:
Jrome question for you, how do you explain why so many european banks were buying credit derivatives from American Banks? This is nothing new after all, they have been warning for the last decade that the debt bubble has been pumped up to biblical proportions and yet with the financial institutions, it seemed like they were happy to continue.
P.S I know the sub prime mortgage is one issue, but as you know, framing it in that way, overlooks the credit cards, the prime mortgage market, the triple AA's, credit derivatives, the whole nine yeards basically.
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