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Thread: IMF calls for dollar alternative

  1. #21
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    Re: IMF calls for dollar alternative

    Quote Originally Posted by Councilman View Post
    If you don't own a wheel barrow you might want o buy one now, because it take one full of dollars to buy a loaf of bread if this takes place.

    This has more to do with the printing of money for failed bailout schemes than any other single act.

    2012 is going to be the most important election in our history, and if we fail to dump Obama and get rid of the idea of redistribution we are screwed for ever.
    Yes because November 2008 was the beggining of the American decline

    You wanna know why this is happening? Why you're power is declining? It's not Obama's fault, oh no, no if you wanna know why this is happening, why you will not be the only number 1 anymore, look in the mirror.

    Look at the country you have created, a country where entire families are the size of busses, and where the idea of giving kids at school healthy meals is considered "communism and control" by the talking heads you all bought into, polarising your country into a "Us and Them" mentality that will ultimately destroy you. No longer is it acceptable to believe in an idea, without subscribing to all that negatives that idea MIGHT entail. But the other side of the coin is, the majority of Americans, DO NOT CARE. They're too busy jacking off to internet porn, reading about brangelina, or simply banging the secretary to care, all while the world goes to hell in a hambasket, and they all get home just in time to catch the 6 o clock news where some jackass tells them that either Bush and Obama are evil doers who are destroying the country...

    Oh no, the fault doesn't lie with Bush, Reagan, Obama, Clinton or even Mr. Magoo, nope. The fault is yours.

    I don't wanna be an American basher.

    I have to say all this to put things in perspective, and I will try and do so now.

    Many say America was built on the foundations of freedom and liberty, kinda fail to mention the genocide of a native people...

    If a country were established today in such a manner, the world would not accept it. So you better remember that, while at the same time remembering this, it is done. The past is the past, America has done wonderful, good, but also terrible things. The only country to date to use a nuclear weapon against another country, and at that, against two civillian cities. Now I'm not gonna argue about whether it was the right thing to do, that's for another day.

    But America is also a beautiful place, with beautiful people. I love visiting, you are a good people, I do not believe America is a force for bad in this world, but just like people do in their every day lives, sometimes you **** up. So what? We all do.

    But the idea that a country that has stood for so long, against so much, could be brought down by one president, is not only absurd, but shows a complete lack of faith in your own country, and countrymen.

    When the market crashed in the 20's, do you not think people went "That's it".

    When Pearl Harbour was attacked, and everything prior to Midway, some people thought "that's it".

    When the Capital was attacked, and the white house burned, do you not think some people went "that's it".

    If you wanna say "that's it". Feel free to do so. But all that means is, you will talk yourself into failure, and failure, is not something America was built on.

    This has been Jets incorrent rant of the day, perhaps some of you will find something in this.

  2. #22
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    Re: IMF calls for dollar alternative

    Quote Originally Posted by hazlnut View Post
    Thanks George W. Bush, we couldn't have done it without you.
    You have sources to back this up, right?
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  3. #23
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    Re: IMF calls for dollar alternative

    Quote Originally Posted by Councilman View Post
    If you don't own a wheel barrow you might want o buy one now, because it take one full of dollars to buy a loaf of bread if this takes place.

    This has more to do with the printing of money for failed bailout schemes than any other single act.

    2012 is going to be the most important election in our history, and if we fail to dump Obama and get rid of the idea of redistribution we are screwed for ever.
    Oh my, the sky is falling. Wow, I blew off a day at the office to grab a little skiing and the world ends. I knew I would pay a price for cheating on my responsibilities.

    The dollar falling in value is not a bad thing. Most countries respond to local recession by devaluing the currency. It encourages foreign investment and keeps jobs at home. There isn't anything that we are importing that either we can not live without or it would be good for us to find alternatives.

    That all said, other than the English Pound, the dollar remains the most dependable of all international currency for a variety of reasons.
    Last edited by upsideguy; 02-11-11 at 08:16 PM.

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    Re: IMF calls for dollar alternative

    The American decline began long before September 2008. When I consider things in retrospect the decline began when America first became irreparably divided.

  5. #25
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    Re: IMF calls for dollar alternative

    Quote Originally Posted by Kandahar View Post
    Life is not a zero sum game; the global standard of living is far better today than 50 years ago. Most places are far richer, and even the ones that aren't are generally stagnant rather than worse off. Our wealth does not come at the expense of others. Mercantilism was discredited long ago.

    To illustrate: If I'm a farmer and you're a teacher, and you agree to educate my kids in exchange for enough food for the year, which of us "wins" the economic exchange? We both do.
    If only you knew that the Chinese are playing a new version of the mercantlist game... too bad too many people are too blind to recognize this...
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  6. #26
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    Re: IMF calls for dollar alternative

    Quote Originally Posted by ludahai View Post
    If only you knew that the Chinese are playing a new version of the mercantlist game... too bad too many people are too blind to recognize this...
    Oh I'm well aware of it. I just don't think that beggar-thy-neighbor currency manipulation is a sustainable strategy for economic growth (and certainly not the ONLY such strategy), and I think the Chinese have reached the same conclusion. That's why they've been slowly moving away from that approach.
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  7. #27
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    Re: IMF calls for dollar alternative

    France now wants a new global finance system that uses a basket of currencies, and not just the dollar.

    France wants new global finance system - RT News

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