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Discussion Starter #1
So the bail out bill was shoved down the throats of the American people and some say that now we wait and see if it helps in any way.

Well, don't waste your time and don't hold your breath. It won't help and that's not why it was passed. It was passed to ultimately grant the IRS, CIA, FBI and DHD extraordinary powers; the kind that the Gestapo had.

What? You don't believe that this was all for naught? Listen to this wise gentleman who so far has warned us of the coming of every level of this disaster:

Depression now guaranteed!!!

I said this before and I'll say it again: Stop getting your hopes up! Accept the fact that this destruction has already occurred and it can't be reversed. What you are seeing now is nothing but the masters, the elite if you'll allow me to use a cliche, ensuring a safe exit and a soft landing.

Ignore at your own risk!
 

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I'm not "ignoring" bro and thanks for the post. However I expect this probably did buy us all some time. And in NO WAY should that be construed that I am or was for the bailout. Unlike some folks that think the government will "ensure our health and safety"- I don't want them involved in my life now or post disaster!!!!

They've pulled a great many rabbits out of hats before, that's for sure...
 

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Discussion Starter #3
Anyways, here are some more "heads up" articles for those of you who are not unpacking your BOBs now that the both houses have passed that tar baby of a bail out bill :

Next,the mother of all bank runs

When investors don't trust even venerable institutions like Morgan Stanley
and Goldman Sachs, you know that the financial crisis is as severe as ever.
When a nuclear option of a monster $700 billion rescue plan is not even
able to rally stock markets, you know this is a global crisis of confidence in
the financial system.

The next step of this panic could be the mother of all
bank runs, i.e. a run on the trillion dollar-plus of the cross-border short-
term interbank liabilities of the U.S. banking and financial system, as
foreign banks start to worry about the safety of their liquid exposures to
financial institutions.


A silent cross-border bank run has already started, as
foreign banks are worried about the solvency of U.S. banks and are starting
to reduce their exposure. And if this run accelerates -- as it may now -- a
total meltdown of the financial system could occur. The U.S. and foreign
policy authorities seem to be clueless about what needs to be done ...




LA Times: Credit Crunch Forcing California to Cut Essential Services

With credit markets all but paralyzed and state and local governments
unable to borrow money, California officials joined calls Thursday for quick
approval of a financial bailout plan working its way through Congress.

The
warnings were stark, including suggestions that operating funds to pay
state workers, teachers or even healthcare workers could dry up in the
weeks ahead.

"It is daunting that California, the eighth-largest economy in
the world, cannot obtain financing in the normal course of its business to
bridge our annual lag between expenditures and revenues," Governor Arnold
Schwarzenegger wrote to the state's congressional delegation ...



New York City shutting down services

Cities, states and other local governments have been effectively shut out
of the bond markets for the last two weeks, raising the cost of day-to-day
operations, threatening longer-term projects and dampening a broad
source of jobs and stability at a time when other parts of the economy are
weakening.

"We really are in terra incognita here," said Robert O. Lenna,
executive director of the Maine Municipal Bond Bank. The sudden loss of
credit, one of the ripple effects of the current financial turmoil, is affecting
local governments in all parts of the country, rich and poor alike.




Wall Street Journal: Offices Emptying Out as Business Close En Masse


Businesses are dumping office space at the fastest pace since the months
after the Sept. 11 attacks, increasing the financial stress on commercial
-real-estate owners and their lenders, many of them already ailing financial
institutions.

Nationwide, rents on office properties -- including landlord
concessions and discounts -- were flat in the third quarter, the worst
result for office-property owners since late 2004 -- when commercial real
state began to emerge from a prolonged slump, according to Reis Inc . . .
 

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I read somewhere recently that gold bars cannot be produced fast enough. The rich are hording them en masse.
 

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The actions of congress are kind of like prison life. You can bend over, spread the cheeks and take it now, or you can fight it and make it worse and take longer later.
 

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Discussion Starter #7
Now, that is as bad as anyone can imagine but wait! To further exacerbate this catastrophe, we are now dealing with the onset of Peak Oil and a parallel crisis. The energy crisis will soon surpass the financial crisis and, I don't need to tell you what comes next...

Matt Simmons: "Run on the pumps could empty grocery stores in a week"

: "Run on the pumps could empty grocery stores in a week"

Drawing parallels with the current financial meltdown, Matthew Simmons,
the CEO of Simmons & Company International, expresses his alarm about
gasoline stocks being the lowest in several decades and refinery production
down following recent hurricanes. He warns that if there were a run on the
"energy bank" by everyone topping off their gasoline tanks, the U.S. would
be out of fuel in three days, and grocery shelves largely emptied in a week.




Power Grid Still in 'Dire Straits'

The US power grid - three interconnected grids made up of 3,500 utilities
serving 283 million people - still hangs together by a thread, and its
dilapidated state is perhaps one of the greatest threats to homeland
security, according to Bruce deGrazia, the president of Global Homeland
Security Advisors and a former assistant deputy undersecretary for the
Department of Defense, who spoke at an electricity industry conference in
Shepherdstown, Va. The slightest glitch on the transmission superhighway
could upset the smooth distribution of electricity over thousands of miles
and darken states from Ohio to New York in a matter of seconds . . .
 

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Discussion Starter #9
And last but not least, as you would expect on the heels of global melt down in the financial and energy sectors, we are going to see...are starting to already see...military maneuvers and preposition for the big show down...

What? What did you think was going to happen when the big dog fell ill and couldn't bite or even bark anymore?

Russian live missile fire. Air exercise near Alaska


Not since 1984, just before the fall of the Soviet Union, has Russia ventured to launch dozens of nuclear bombers for an exercise in which Tu-95 Bear bombers will fire live cruise missiles. Exercise Stability 2008 will take place Oct.-6-12 over sub-Arctic Russia uncomfortably close to the US state of Alaska, and Belarus.

The exercise is part of a month-long war game described by Russian air force spokesman Col. Vladimir Drik as “practicing the strategic deployment of the armed forces including the nuclear triad.”

As part of the exercise, our sources reported exclusively on Oct. 1, that Russian ships armed with nuclear missiles will dock at Syrian ports Oct. 8, on the eve of Yom Kippur, before continuing to the Caribbean for joint maneuvers with Venezuela.

More than 60,000 troops and 1.500 tanks and APCs, as well as land-based and submarine-launched nuclear missiles, were tested in the first phase of the war games.

(“Nuclear triad” refers to three tiers of a national nuclear arsenal, usually strategic bombers armed with bombs or missiles, land-based missiles and ballistic missile submarines. These weapons must have a first- or second-strike capability.)
 

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great thread declan!!!!! today i found out that even the dipsh!t doctors i work with who all along have been saying this was just a rough spot and it was all gonna be fine, have 100% pulled out of the stock market. and these guys were in deep denial.
 

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Information is Ammunition
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i just read in a tiny article in todays chronicle that the FBI has been given greater powers regarding intelligence gathering- but didnt say exactly what. They just got a power increase last month!
 

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I think even the 'don't worry, be happy' people are starting too wake up. Grocery store shelves are beginning to become noticeably bare of canned goods.
When I went to the grocery store the other day all the 20lb bags of sugar were gone as well.

I seriously think this is crunch time.
 

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It pisses me off the day after it passes the media starts to tag it as a mistake.
They bring all these economist that blast it even liberal ones.

When it was failing they tagged the House Republican as lunatics.

It is all set up and orchestrated, it seems.
 

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I read somewhere recently that gold bars cannot be produced fast enough. The rich are hording them en masse.
I can tell you from a coin collectors point of view:
the US Mint has suspended sales of ALL bullion coins because they can't get the gold planchets to make them. This is the second time this year they have suspended sales on gold coins. They have suspended sales of silver coins 3 times this year. They have suspended the sale of platnum coins indefinitely.

What does that tell you?
 

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It pisses me off the day after it passes the media starts to tag it as a mistake.
They bring all these economist that blast it even liberal ones.

When it was failing they tagged the House Republican as lunatics.

It is all set up and orchestrated, it seems.
It has been but if you say that to loud here someone comes in and rolls their eyes and makes some dumbass comment about conspiracy theories.
 

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If the US finacial and political system collapses, it will cause a global void never seen before in history.
On a smaller scale was the collapse of the USSR political and financial system, and what a mess that caused in more ways than one.
We are still seeing the effects of that one today.
 
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