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United States Heading towards a Depression?

Discussion in 'Politics & Religion' started by decoyjames, Dec 27, 2007.

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  1. bogart

    bogart Notable Member

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    #3881
    Birth rates are down. The Great Depression and following recessions showed a decline in births rates.

    [​IMG]
     
    bogart, Aug 9, 2009 IP
  2. domainer_10

    domainer_10 Peon

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    #3882
    Thats just cause the illegals stop coming across the border and having babies. I've read articles and when the housing bubble burst tons of them stopped coming over. We haven't had this low of border crossing in many years. Anyone living in california already knows that a large portion of the workforce on the housing construction was done by illegals.



    Its not coincidence that in that graph all the border states had large declines and the only positive growth was in Alaska and other rural northern states where there is no minorities.




    Truth is america would have a NEGATIVE population growth if it wasn't for illegals and mexicans which now are the only reason for the net balance pouplation growth every year. Abortion and birth control is the major reason why.
     
    domainer_10, Aug 9, 2009 IP
  3. bogart

    bogart Notable Member

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    #3883
    Barry Obama will be able to pack the Federal Reserve in 2010 so that he can continue his big government spending agenda.

    Federal Reserve board chairmen Ben Bernanke's term expires in 2010. The Federal Reserve Board also has two vacancies on its seven-member panel.

    http://www.bloomberg.com/apps/news?pid=20601087&sid=axEYxWfoWCIk&refer=home

    The US would be better off with a Guest Worker Program. The current system is broken. Employers pay illegal aliens low wages and US taxpayers subsidize illegals through welfare to their families. 30-40% of all illegal aliens are receiving some kind of welfare.
     
    bogart, Aug 9, 2009 IP
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  4. Mia

    Mia R.I.P. STEVE JOBS

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    #3884

    I have to repeat myself because some of you just don't get it.
     
    Mia, Aug 9, 2009 IP
  5. Jackuul

    Jackuul Well-Known Member

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    #3885
    I hope most of the U.S. stops having children until a significant portion of the older population is dead.
     
    Jackuul, Aug 9, 2009 IP
  6. bogart

    bogart Notable Member

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    #3886
    The US has negative population growth. The increase in population increases are based on legal and illegal immigration of approx 2 million people and the higher birth rates of immigrants.

    Without children, who will pay for social security and healthcare :confused:

    Due to the current depression, Social Security will start paying out more than it receives in taxes in 2013.
     
    bogart, Aug 9, 2009 IP
  7. Jackuul

    Jackuul Well-Known Member

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    #3887
    It would cause a faster collapse and also make those coming in go back out.

    Without a collapse there will be no change.
     
    Jackuul, Aug 10, 2009 IP
  8. Mia

    Mia R.I.P. STEVE JOBS

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    #3888
    WTF is that supposed to mean? There are some strange people here. :eek:
     
    Mia, Aug 10, 2009 IP
  9. Jackuul

    Jackuul Well-Known Member

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    #3889
    It will bring about change much faster.
     
    Jackuul, Aug 10, 2009 IP
  10. anglefourfivemedia

    anglefourfivemedia Banned

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    #3890
    [​IMG]

    yeah come on...the reason we're able to communicate on this forum is because the US...

    we invented, and were the first to commercialize two economies out of thin air...the internet, and software.

    and the hits just keep coming (eg., google w/ online advertising, the entertainment industry etc.,)
     
    anglefourfivemedia, Aug 10, 2009 IP
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  11. anglefourfivemedia

    anglefourfivemedia Banned

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    #3891
    Every country is getting bitch slapped as far as GDP is concerned.
     
    anglefourfivemedia, Aug 10, 2009 IP
  12. Will.Spencer

    Will.Spencer NetBuilder

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    #3892
    Which will push real estate prices further down.

    Which will increase foreclosures even more, because it doesn't make sense to pay a $400k mortgage on a $200k house.

    Troop deaths in Afghanistan are going up because Obama is micromanaging our military. He's not telling them to win the war, he's telling them how to fight the war. This is the classic mistake made by LBJ in Vietnam. LBJ was another overblow egotistical asshole who got a lot of good people killed with his inept micromanagement.

    I bet Al Gore is relieved.

    The environmentalists must be ecstatic. Since we elected Obama, food consumption is down, metal consumption is down, energy consumption is down, and birthrates are down.

    The Democrats are saving the planet by getting rid of the biggest risks to the planet: mankind.

    Exactly! Somebody is going to get stuck with the bill for all these aging liberals.

    The party is over.

    If you really feel this way, you can speed up the change by setting fire to something. :rolleyes:
     
    Will.Spencer, Aug 11, 2009 IP
  13. Mia

    Mia R.I.P. STEVE JOBS

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    #3893
    If the health care bill in its current state passes, your philosophy may hold true.
     
    Mia, Aug 11, 2009 IP
  14. bogart

    bogart Notable Member

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    #3894
    There's a limit to how low foreclosure prices will go. Most of the foreclosures are selling within 3% of the asking price. Basically, the banks are resetting foreclosure prices to realistic market prices.

    Another part of the equation was that subprime buyers were so desperate that they purchased homes needing significant repairs. At lot of these homes need 50k or more in work.



    The Left doesn't understand that you win the war but not losing. In 1864, the anti-war movement was on the verge of defeating President Abraham Lincoln on a platform of making a peace with the Confederacy. The only thing that saved Lincoln was the capture of Atlanta by General Sherman.

    If you draw a comparision between the Korean War and Vietnam War, there really wasn't any difference other than the Left cut and ran out on South Vietnam.

    In Afganistan, the US should limit troop strength to approx 20,000 men and keep rotating in fresh combat troops. President Bush was highly sucessful by keeping US troop strength down. There isn't a way to win the war with a military victory. The Taliban are able to rebuild and resupply in Pakistain and Iran. The only way to win is to keep the costs as low as possible in both lives and money. So that the US can fight a low drawn out war that will decimate the Taliban.

    Barry Obama has backed himself into a corner. His platform was that we should cut and run from Iraq because the "real" war was in Afganistan.
     
    bogart, Aug 11, 2009 IP
  15. Mia

    Mia R.I.P. STEVE JOBS

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    #3895
    On the domestic front, I'd give Bush a D+ at best. He does know how to run a war however, and on that front, A+++.

    I really don't think there ever really was a war in Afganistan. If anything, we should leave IMO. Afganistan was like the Doolittle Raid in WWII. I still remember those Whitman AF B2's that left Missouri and flew straight through to Afganistan and back bombing the shit out of that crap hole. This was in the weeks following 9/11 and like Doolittle, did nothing to win a war, but everything to reinstall confidence and hope in the eyes of distraught Americans.

    If all I had to rely on was Bush's handling of the days, weeks, months and years after 9/11 I'd have to say he's probably one of the greatest President's and leaders the world has ever seen in modern times.
     
    Mia, Aug 11, 2009 IP
  16. bogart

    bogart Notable Member

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    #3896
    Robert Prechter of Elliott Wave International says "the next wave down is going to be larger than what we've already experienced," and take major averages well below their March 2009 lows.

    Prechter believes the late 2007-early 2009 market debacle was just a warm-up to a market crash. In this regard, he says the current cycle will echo past post-bubble periods such as America in the 1930s and England in the 1720s, after the bursting of the South Sea bubble.

    http://finance.yahoo.com/tech-ticke...Down-Will-Be-Bigger-and-March-Lows-Will-Break

    President Bush made a big mistake of attempting social security reform after the 2004 election win. He should have focused ho the mortgage bubble and cutting spending.
     
    Last edited: Aug 11, 2009
    bogart, Aug 11, 2009 IP
  17. icebreaker

    icebreaker Peon

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    #3897
    According to President Barack Obama, his policies are instrumental in staving off the US from an economic catastrophe because a recent statistics showed that the job losses are now decreasing. Moreover, his 787-Billion-US Dollar stimulus plan has been very effective. So, with these developments, we can say that US is not going into depression but recovery perhaps.

    http://www.mb.com.ph/articles/215044/obama-policies-saved-us-economy-catastrophe
     
    icebreaker, Aug 12, 2009 IP
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  18. Mia

    Mia R.I.P. STEVE JOBS

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    #3898

    Bingo... Too bad Barry the Bungler cannot take a queue and learn from Bush's mistake.

    Last thing we need right now is the government running more of our lives and spending more of our money. OBAMA spent SEVENTY FIVE BILLION DOLLARS (75 BILLION) ($75,000,000,000.00) of OUR money just this week alone.

    Never heard the word TRILLIONS used in reference to spending, the deficit, or much of anything until Barry the Bungler came to town.
     
    Mia, Aug 12, 2009 IP
  19. bogart

    bogart Notable Member

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    #3899
    Foreclosure activity jumped 7 percent in July from June and 32 percent from a year earlier

    California, Florida, Arizona, Nevada and Illinois are the leading foreclosure states.

    Other states with the highest foreclosures last month included Texas, Georgia, Ohio and New Jersey.

    http://news.yahoo.com/s/nm/20090813/bs_nm/us_usa_mortgages_foreclosures

    The only sector of the economy that is booming is government.


    The deficit is $1.27 trillion through June 2009 and is projected to reach $1.84 trillion. That's 4x the defict George Bush had in 2008.

    The Fed is purchasing Treasury Bills on the secondary market from primary dealers approx 10 days after auction to conceal the money printing.
     
    bogart, Aug 13, 2009 IP
  20. guru-seo

    guru-seo Peon

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    #3900
    Why the misleading comparison? Obama has been in office only 6 months and he inherited the biggest deficit in the history of the U.S. by, you guessed it. So why not say: as a result of G.W. BUSH's disastrous tenure of the last 8 year the U.S.A. has and is suffering tremendously. Bush saw all the shit that was happening to this country and did nothing about it. He spent more time at his ranch than at the oval office. So to make it sound like the the blame lays with the current president is misleading and cowardly.

    P.S. And of course the deficit will reach new highs, the interest on the deficit compounds after all. So it will grow exponentially.
     
    guru-seo, Aug 14, 2009 IP
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