Financial Armageddon!!

[Josko]

Yeah, right . . .
I don't work on belief or phaith
with PI or tenants; same goes
for other matters of importance.

A pretty bland and uninteresting world and definitely not the answer to the worlds challenges.

[k1w1]

Blind Faith: Great band. Not so good as a way of living one's life, however.

[Gatekeeper]

A lot here seem to have blind faith in our financial and monetary systems. Is there much difference? (Aye Kiwi ;-)

[Badger]

Not according to the Bible.

Lets not fall for official historical lies, when most ancient native or aboriginal peoples are talking about "the Creator" they do not mean, as we have been falsely told, "God."

They are not talking about the supreme, over-arching Great Spirit.

They are talking about a Creator, an Architect, a Builder, an Artificer. If the word Creator was translated from the "Hebrew" properly it would have been rendered "Builder" not "Creator."

We have been mislead by the manipulators of language, by some clever clerics, who went to their graves smiling their insider smiles, relishing the dark mysteries that would confound the Everyman who would barely live passed 21 and who was forbidden to travel five miles from his feudal lord's lands.

[Josko]

I prefer the following names for the Creator...
The All-Compassionate
The All-Merciful
The Absolute Ruler
The Pure One
The Source of Peace
The Inspirer of Faith
The Guardian
The Victorious
The Compeller
The Greatest
The Creator
The Maker of Order
The Shaper of Beauty
The Forgiving
The Subduer
The Giver of All
The Sustainer
The Opener
The Knower of All
The Constrictor
The Reliever
The Abaser
The Exalter
The Bestower of Honors
The Humiliator
The Hearer of All
The Seer of All
The Judge
The Just
The Subtle One
The All-Aware
The Forebearing
The Magnificent
The Forgiver and Hider of Faults
The Rewarder of Thankfulness
The Highest
The Greatest
The Preserver
The Nourisher
The Accounter
The Mighty
The Generous
The Watchful One
The Responder to Prayer
The All-Comprehending
The Perfectly Wise
The Loving One
The Majestic One
The Resurrector
The Witness
The Truth
The Trustee
The Possessor of All Strength
The Forceful One
The Governor
The Praised One
The Appraiser
The Originator
The Restorer
The Giver of Life
The Taker of Life
The Ever Living One
The Self-Existing One
The Finder
The Glorious
The Only One
The One
The Satisfier of All Needs
The All Powerful
The Creator of All Power
The Expediter
The Delayer
The First
The Last
The Manifest One
The Hidden One
The Protecting Friend
The Supreme One
The Doer of Good
The Guide to Repentance
The Avenger
The Forgiver
The Clement
The Owner of All
The Lord of Majesty and Bounty
The Equitable One
The Gatherer
The Rich One
The Enricher
The Preventer of Harm
The Creator of The Harmful
The Creator of Good
The Light
The Guide
The Originator
The Everlasting One
The Inheritor of All
The Righteous Teacher
The Patient One

[Perry]

Breaking News from ABCNEWS.com: [5:15 PM EST]

CHRYSLER TO CLOSE ALL 30 OF ITS MANUFACTURING PLANTS FOR A MONTH

[Davo36]

Yes, yes, can we have less of the religious outporings and more about property investment please? Josko, you like God, fair enough, no problem, but you dont' have to tell us about it a couple of times a day.

This thread is entitled Financial Armageddon, not Religious Armageddon. Crikey.

David

[Dean@Massiveaction]

I heard yesterday that Woolworths in the UK are closing 800 stores.

[Josko]

David,

I am not about to change the focus of my contributions as they are not about my love for God. There is more to the discussion than that and I am sorry you fail to see it.

If you had any understanding of any religion you would understand that Financial Armageddon is only a precursor to the end of days as we understand them.

So I think it relevant and open to discussion, of which I am one participant.

Do let me know if there is something you do not understand I will do my best to explain it for you.

My Best Regards,

[k1w1]

The demise of Woolies in the UK is no surprise. It's a truely horrible store. Old fashioned and stocked with shite not much better than the $2 shops. Shopping for chavs. I wouldn't be seen dead in one.

[Badger]

Breaking News from ABCNEWS.com: [5:15 PM EST]
CHRYSLER TO CLOSE ALL 30 OF ITS MANUFACTURING PLANTS FOR A MONTH

This corporation and many like them should have been out of business years if not decades ago...

[TonyMacaroni]

Yes, yes, can we have less of the religious outporings and more about property investment please? Josko, you like God, fair enough, no problem, but you dont' have to tell us about it a couple of times a day.

This thread is entitled Financial Armageddon, not Religious Armageddon. Crikey.

David

Here's some more financial Armageddon:

IMF Chief Warns of Riots in Response to Economic Crisis
Paul Joseph Watson
Wednesday, December 17, 2008


Strauss-Kahn says advanced countries would see violent civil unrest if elite continue to exploit financial chaos for their own ends.

The head of the International Monetary Fund has warned that advanced nations will be hit by violent civil unrest if the elite continue to restructure the economy around their own interests while looting the taxpayer.
During a speech in Madrid, Dominique Strauss-Kahn said that “social unrest may happen in many countries - including advanced economies” if governments failed to adequately respond to the financial crisis.
“He added that violent protests could break out in countries worldwide if the financial system was not restructured to benefit everyone rather than a small elite,” reports the Guardian.
Strauss-Kahn’s comments echo those of others who have cautioned that civil unrest could arise, specifically in the U.S., as a result of the wholesale looting of the taxpayer and the devaluation of the dollar.
...

http://www.prisonplanet.com/imf-chie...ic-crisis.html

Federal Reserve sets stage for Weimar-style Hyperinflation
by F. William Engdahl
December 15, 2008

The Federal Reserve has bluntly refused a request by a major US financial news service to disclose the recipients of more than $2 trillion of emergency loans from US taxpayers and to reveal the assets the central bank is accepting as collateral. Their lawyers resorted to the bizarre argument that they did so to protect 'trade secrets.' Is the secret that the US financial system is de facto bankrupt? The latest Fed move is further indication of the degree of panic and lack of clear strategy within the highest ranks of the US financial institutions. Unprecedented Federal Reserve expansion of the Monetary Base in recent weeks sets the stage for a future Weimar-style hyperinflation perhaps before 2010.
On November 7 Bloomberg filed suit under the US Freedom of Information Act (FOIA) requesting details about the terms of eleven new Federal Reserve lending programs created during the deepening financial crisis.
The Fed responded on December 8 claiming it's allowed to withhold internal memos as well as information about 'trade secrets' and 'commercial information.' The central bank did confirm that a records search found 231 pages of documents pertaining to the requests.
The Bernanke Fed in recent weeks has stepped in to take a role that was the original purpose of the Treasury's $700 billion Troubled Asset Relief Program (TARP). The difference between a Fed bailout of troubled financial institutions and a Treasury bailout is that central bank loans do not have the oversight safeguards that Congress imposed upon the TARP. Perhaps those are the 'trade secrets the hapless Fed Chairman,Ben Bernanke, is so jealously guarding from the public.

Coming hyperinflation?
The total of such emergency Fed lending exceeded $2 trillion on Nov. 6. It had risen by an astonishing 138 percent, or $1.23 trillion, in the 12 weeks since Sept. 14, when central bank governors relaxed collateral standards to accept securities that weren't rated AAA. They did so knowing that on the following day a dramatic shock to the financial system would occur because they, in concert with the Bush Administration, had decided to let it occur.
On September 15 Bernanke, New York Federal Reserve President, Tim Geithner, the new Obama Treasury Secretary-designate, along with the Bush Administration, agreed to let the fourth largest investment bank, Lehman Brothers, go bankrupt, defaulting on untold billions worth of derivatives and other obligations held by investors around the world. That event, as is now widely accepted, triggered a global systemic financial panic as it was no longer clear to anyone what standards the US Government was using to decide which institutions were 'too big to fail' and which not. Since then the US Treasury Secretary has reversed his policies on bank bailouts repeatedly leading many to believe Henry Paulson and the Washington Administration along with the Fed have lost control.

http://www.globalresearch.ca/index.p...t=va&aid=11401

[Badger]

Yep Tony...and many still question wonderingly why they should hold some gold and silver! The most common one so far...

*how does gold make a return*

Well it looks like the paper central bankers force us to use at gunpoint dosnt seem to earn much these days either! So you could say

*not worth the paper its printed on* or is that...

*not worth the invisable electrons and pixels floating in the datasphere*

[k1w1]

Oh God, it's tin foil hat time again.

[Davo36]

So Josko, post #1026 was not about your love for God? Then what was it? I guess I don't understand that. I like the Big Bang Theory but I don't have 40 names for it and don't need to tell other people about it all the time.

Getting back to the topic...

Poomba, 800 stores. Amazing really. They have around 60 million people over there, so around 15 times as many as we have here. So maybe that's like 800/15 = 53 Woollies stores closing over here which would be a huge deal.

David