Print

[lordfly]

The 1913 US Dollar is today only worth $.04 cents.

Inflation does that.

[christfollower]

Reality Check.. the sky is not falling

Payrolls Grow by Strong 166,000 in Oct. By JEANNINE AVERSA 11.02.07, 11:25 AM ET


WASHINGTON - Employers boosted payrolls by a surprisingly strong 166,000 in October, the most in five months, an encouraging sign that the nation's employment climate is holding up relatively well against the strains of a housing collapse and credit crunch.

The Labor Department's report, released Friday, also showed that the unemployment rate held steady at 4.7 percent for the second month in a row. It's a figure that is considered low by historical standards.

Job gains were logged for professional and business services, education and health care, leisure and hospitality, and for the government. Those employment increases more than offset jobs losses in manufacturing, construction and retail - casualties of the problems plaguing the housing market.

The latest report on employment conditions around the country was better than economists were anticipating. Economists were forecasting payrolls to grow in October by about half the pace seen - around 80,000. They did correctly predict the unemployment rate would be unchanged.

"Businesses have not clammed up on the hiring scene as some feared," said Ken Mayland, president of ClearView Economics. "The wheels aren't coming off the economy."

Please tell all of this to my checking account. I am a car salesmen my job depends on how much money others are making. If others are not making money neither am I. Michigan and Ohio has the worst economis in the country. I believe your using federal stats. They sure are not helping us here in Michigan and Northern Ohio at least.

[Theguy4321]

Wow, such pessimistic views on careers in this thread.
There are good industries and bad industries in this nation, it just so happens that a lot of the bad industries are in the Automotive area and the Midwest happens to have a ton invested in that sector.

I love to see people complain about Michigan going to hell while they drive foreign cars... although I can't blame people for buying foreign when the value is there.

[lordfly]

I can drive a Ford for 100k miles or a Honda for 300k....

[schrodingers_cat]

I can drive a Ford for 100k miles or a Honda for 300k....

Exactly.

Plus, I have said this before.  My "foreign car" was made in Ohio.  I would check to see where your "American car" is made.  And even if it is made in the US, I can GUARANTEE you that not everything in that car was made here.

[SMASH]

Inflation does that.

Yeah, fake inflation CREATED by a fiat currency, and continuing the practice of "fictions to cover usury" by banks and lending institutions.

[lordfly]

Yeah, fake inflation CREATED by a fiat currency, and continuing the practice of "fictions to cover usury" by banks and lending institutions.

Yeah yeah, federal reserve act, 1913, council of foreign relations, gold standard, new world order, north american union.

we get it.

[1conservative]

Yeah yeah, federal reserve act, 1913, council of foreign relations, gold standard, new world order, north american union.

we get it.

No! It appears you don't "get it"!

[lordfly]

No! It appears you don't "get it"!

Oh, I get it. We're all doomed, the new world order is here, and it's probably Bush AND Clinton's faults.

Sorry, at some point I just fail to see why bringing up why the Federal Reserve is evil at every possible opportunity advances the conversation. It's not going anywhere. It'd be like arguing for the removal of the post of President, or the shutdown of Medicare/Social Security. Sure, you can talk about it til you're blue in the face, but it's an institution in our government, and ripping it out would be very destabilizing, thus it won't happen.

[SMASH]

Oh, I get it. We're all doomed, the new world order is here, and it's probably Bush AND Clinton's faults.

Sorry, at some point I just fail to see why bringing up why the Federal Reserve is evil at every possible opportunity advances the conversation. It's not going anywhere. It'd be like arguing for the removal of the post of President, or the shutdown of Medicare/Social Security. Sure, you can talk about it til you're blue in the face, but it's an institution in our government, and ripping it out would be very destabilizing, thus it won't happen.

No.

It's not an institution "in" our government.
Our government "is" the enforcement arm of a "private" institution.

Semantics are pertinent to this conversation.

Ripping it out may be destabilizing. JFK found out it may be fatal?

EO 11110.

[Frenchfry]

Debunking the Federal Reserve Conspiracy Theories (and other financial myths)
Myth #9: President Kennedy was assassinated because he tried to usurp the Federal Reserve's power.  Executive Order 11,110 proves it.
http://mcadams.posc.mu.edu/weberman/jfk.htm

[SMASH]

Debunking the Federal Reserve Conspiracy Theories (and other financial myths)
Myth #9: President Kennedy was assassinated because he tried to usurp the Federal Reserve's power.  Executive Order 11,110 proves it.
http://mcadams.posc.mu.edu/weberman/jfk.htm

Hence my question mark.
I don't think we will ever know who all the powers that be are/were that whacked JFK.
I mean there is no way in hell I'll ever by into the Warren Commission report.

So, the questions remain.
Just who are all the owners of the Federal Reserve?
And, why do we pay interest to a private bank when we don't have to? Against all the warnings and admonitions of our founders, and economists, and history itself.

[SPOOKYTOOTH]

....the Dollar Going down, down, DOWN!! Cost of Electric and Propane Increasing, Drought growing worse in the Southeast, Growing unemployment,Foreclosures Forever, the Housing Market Blues, Increasing Inflation,  and the Stock Market in roller coaster overdrive.....what does it all mean for America and ...You.   

Interesting posts on the topic....thought I'd add a (hypothetical) twist to the original at this point.....


What if OPEC were to decide to invest in / price oil in...say...EUROS instead of U.S. dollars? Would / How (would) that affect the U.S. economy?
The NAU, AMERO, L.O.S.T., etc., ... All points well taken...but....what if the NAU / AMERO doesn't quite get off the ground fast enough to "convert" Mexico, America, and Canada into the one "supernation" invisioned by Globalist Elite,  .... what if the objective is NOT as clear as it apears on first or second glance....what if the agenda is NOT to "convert" but rather to CONQUER...completely, utterly, entirely....as in ELIMINATE as a controlling influence in world events / economy. How does THAT fit in with everyone's views?

[SPOOKYTOOTH]

Gold at $800 per ounce (actual close at $808.50) is in response to the weak US Dollar. The Euro closed at an all time high, at $1.4527, compared to the dollar.

 "The metal's powerful surge is reflective of growing apprehensions that something, somewhere in the global financial system might go awry, despite interest rate maneuvers designed to keep things going," said Jon Nadler, an analyst at Kitco Bullion Traders. 

Gold is nearing an all time high close of $825.50 back in 1980, although the record high set on the same day was $875.00. Indications and analysts are predicting $1000.00 gold by years end. What will our dollar be worth if that happens? How long will it be before the US Dollar is gone and we are using the Euro?

....insightful comment....

[SPOOKYTOOTH]

We won't use the Euro, we'll be using the Amero, once the NAU is firmly in place.
The collapse of the dollar could precipitate a quicker move to finalize the NAU?

The 1913 US Dollar is today only worth $.04 cents.

...possibly...but what if the NAU were intended as "competition to " rather than "partner of" the EU as everyone suspects?