Home Precious Metals

What does all this social unrest mean ?

124»

Comments

  • chumleychumley Posts: 2,305 ✭✭✭✭
    this is what the SHTF guys have been fearing......those without are coming for their piece of the pie
  • PerryHallPerryHall Posts: 46,285 ✭✭✭✭✭


    << <i>this is what the SHTF guys have been fearing......those without are coming for your piece of the pie >>



    Fixed it for you.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • MilesWaitsMilesWaits Posts: 5,378 ✭✭✭✭✭
    Got Gold??
    Now riding the swell in PM's and surf.
  • braddickbraddick Posts: 24,151 ✭✭✭✭✭


    << <i>Got Gold?? >>



    Apparently not for long. image

    peacockcoins

  • BearBear Posts: 18,953 ✭✭✭
    Chumley , I do believe that you have defined a large part of the mass demonstrations.

    Another portion, is the opening gap between the haves and do not haves. There is no longer

    a pathway to the middle class, it only exists to go down from the middle class to the lower class.

    As benefits to the old, poor sick and mentally and physically disabled decline or are elimination, violence

    in some manner is the inevitable outcome. Rare coins and PMs may well be the last bastions of defense in

    protecting what resources are left to the middle class.


    The development of this mass violence and worldwide mayhem was predicted on this Forum several years

    ago. Yes, Governments, to some degree are inefficient and wasteful, but so too are all large organizations

    like mega companies, military, ect, ect. To keep a huge system running , requires a lubricant some call waste.

    To cut all waste an inefficiency, would close down the Government, which is ever getting closer.


    Think of the regressions and lost benefits for working people. Eight hour a day OT has been rolled back to 40 hr a week OT,

    Defined benefit pension plans have almost all been converted to defined contribution plans such as 40lKs. Why, because it is

    a lesser cost to the company. More of the burdens and cost of health care have been transfered to the backs of working people.

    The Unions that so many folks blame for all that is wrong with the Nation and the World, have declined

    from 44% of the work force at the end of WW2 to

    16% of the work force and is still declining.

    It seems to me, that working class folks such as we find on this website are among the per centage of people that have a grounding in

    historic monitary issues and understand how to protect actual values of ones assets.
    There once was a place called
    Camelotimage
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    I just stumbled upon this list that might help the OP.

    1) Fall 2011: OWS trial run, get traction.
    2) Regroup, repackage message for broad appeal. Winter break in some regions.
    3) American Spring: Recreate 1968.
    4) Summer of Rage: numerous disruptions to daily life.
    5) Occupiers push limits. Some shootings; "Kent State" type events; police brutality; countrywide flash mob riots.
    6) Martial Law
    7) Suspend US Presidential election: Goal 1

    This secretly obtained list is incomplete, soiled and torn. Near the bottom of this paper is an unintelligible list to Goal 2. However there is one point that is readable.
    6) Purge those that advocate hard money and cease assets.


  • mhammermanmhammerman Posts: 3,769 ✭✭✭
    Hummmmmmmmm...we aren't seeing social unrest, we are seeing economic unrest. Everyone wants an iPad and a 60" LED flatscreen with a gov provided mortage and free college and free medical care; it's a basic human right. Maybe pigs will fly across the dark side of the moon. Meanwhile, I'm still doing the 7 to 4 until all this gets worked out. Good luck out there.
  • derrybderryb Posts: 37,010 ✭✭✭✭✭
    It means people are realizing that their voice at the polls is not being heard.

    Exit bunker, enter Matrix. LOL

  • When the snow starts..they will be back living at home with mommy and daddy or in Phoenix wearing the pink handcuffs of Joe'simage
    UCSB Electrical Engineering....... USCG and NASA
  • DrBusterDrBuster Posts: 5,412 ✭✭✭✭✭
    Saw this on the FB this morning.

    image
  • People that are only watching the nightly network news have been spoon fed the idea that the
    Occupy Wall Street protests are just about young people wanting more hand outs and to be given
    more of a free ride. Nothing could be further from the truth. This is what our young people are
    waking up to and protesting about.
    The government creates money to loan to the banks at 0% so that the banks can then loan that money back to the US government with interest and virtually guaranteed capital gains and then give some of those interest payments/capital gains back to the politicians in the form of lobbying/campaign finance funds to ensure more no-cost loans and bailouts. What a beautiful business model!
    Along with all the corruption that this business model buys, For goodness sake the Chief of Staff of the President of the United States Mr. Daly was an Executive at J.P. Morgan Chase
    before being tapped to be the Chief of Staff.

    This KID protesting actually gets it and voices it very well in on camera
    it does my heart good to see that their are young people that actually understand
    what is going on, It gives me hope for the future of our country

    This Young Person GETS IT
  • cohodkcohodk Posts: 19,242 ✭✭✭✭✭
    The government creates money to loan to the banks at 0% so that the banks can then loan that money back to the US government with interest and virtually guaranteed capital gains and then give some of those interest payments/capital gains back to the politicians in the form of lobbying/campaign finance funds to ensure more no-cost loans and bailouts


    I wish Paulson and Bernanke had just let the bansk fail in 2008. Then will have have known the meaning of "social unrest". Perhaps we'll get another chance when the Europeans screw up.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • open flood gates
    dont send sheep to kill a wolf...
  • WinPitcherWinPitcher Posts: 27,726 ✭✭✭
    Thanks Stew.


    Good for you.
  • BaleyBaley Posts: 22,661 ✭✭✭✭✭
    Dang, if all these "occupy" events had been 10 years ago, when I was a wandering vagabond, I would have been all over it!

    I used to loves me a street party imageimage

    Liberty: Parent of Science & Industry

  • cladkingcladking Posts: 28,694 ✭✭✭✭✭
    Greed has been institutionalized in this country. Profiting for the sake of profit
    is the only ideal. Where once individuals and businesses had to create wealth
    to make money it is now acceptable, even preferable, to destroy wealth, to de-
    stroy the good names of companies, to steal, and to collude to make as much
    money as is possible. To make a dollar they will destroy thousands of lives and
    deplete the economy further. They will push toxic products of all sorts on care-
    less consumers. They gamble with taxpayer money and keep the profits for them-
    selves and their cronies in Washington and get bailed out by taxpayers if they
    lose. In any case the only ideal is profit at any cost motivated by the unbridled
    greed which is the new face of capitalism.
    Tempus fugit.


  • << <i>Greed has been institutionalized in this country. Profiting for the sake of profit
    is the only ideal. Where once individuals and businesses had to create wealth
    to make money it is now acceptable, even preferable, to destroy wealth, to de-
    stroy the good names of companies, to steal, and to collude to make as much
    money as is possible. To make a dollar they will destroy thousands of lives and
    deplete the economy further. They will push toxic products of all sorts on care-
    less consumers. They gamble with taxpayer money and keep the profits for them-
    selves and their cronies in Washington and get bailed out by taxpayers if they
    lose. In any case the only ideal is profit at any cost motivated by the unbridled
    greed which is the new face of capitalism. >>

    image


  • << <i>They gamble with taxpayer money and keep the profits for them-
    selves and their cronies in Washington and get bailed out by taxpayers if they
    lose. In any case the only ideal is profit at any cost motivated by the unbridled
    greed which is the new face of capitalism. >>

    What you just described is not capitalism.
  • JulioJulio Posts: 2,501
    Rosseau or Hobbes? Makes you think. Take care. jws
    image
  • derrybderryb Posts: 37,010 ✭✭✭✭✭


    << <i>What does all this social unrest mean? >>


    "OWS's Beef: Wall Street Isn't Winning – It's Cheating"


    Exit bunker, enter Matrix. LOL

  • mhammermanmhammerman Posts: 3,769 ✭✭✭

    Hummmmmm...Idonno. It seems like there is some kind of conspiracy being played right out in the open for all to see. The white and blue collar workers watch their savings become less and less and they see their stock based retirement programs being devalued to where it's like throwing money in a hole. The OWS people are raging against something but they don't know what it is (reminds me of Dylan and Ballad of the Thin Man) and they are so clueless about the game being played right in front of them. The problem is that the game, while we can all see it, is being played so far above our heads that we can barely make out who the players are and if it wasn't for the team logos, we probably wouldn't even know who the teams are.

    The curious part of this is that we all have bets on the game even if we didn't place them and there are no odds really, not even 3:5, the simple explanation is that you lose so stop moanin' and groanin' and keep that account open.

    BoA's ML is rated at just above junk. Goldman fined $500 mill but no admittance of any wrong doing but...hey, when you get 3 bill for a bail out, then the 500 mill is just vig but no one goes to jail. Citi fined for $285 mill but no admittance of wrong doing here either so the fraternity can still keep the 8:30 tee time on Wednesday without anyone going to the pokey-45 bill in two installments so the vig is way off here but they paid some back and of course, no wrongdoing so no one has to go to jail. Unfortunately, those homeowners took a bit of a hickey but there's really nothing that can be done about that.

    You know something is happening but you don't know what it is, do you Mr. Jones.

    Got CASH (not the kind in the banks)

    Edited to add:
    Utohhh, I was wrong, there is some wrong doing.
  • I think you are very right mhammerman a good number of them are not quite sure where the problems are at exactly.
    And there are those that are better informed that are trying to show them where the problems lie.
    I have been watching this closely since it began and I am seeing more and more of the attention being
    placed on where the problems actually are. It gives me hope.
    Then again when things like this happen right out in the open it is hard not to understand why we are where we are.
    It is just a matter of getting people to understand that people that own their own business are being ran through the wringer
    right along with the rest of the people.

    Bank of America quietly moved $53 trillion in derivatives from its holding company to its subsidiary
    that holds $1 trillion in customer deposits and is insured by the FDIC. If any part of these derivatives blow up,
    the Taxpayer will then be on hook for the $1 trillion in deposits.

    This is a direct transfer of risk to the taxpayer done by the bank without approval by regulators and without public input.
    JP Morgan-Chase Bank is apparently doing the same thing with $79 trillion of notional derivatives guaranteed by the FDIC and Federal Reserve

    What this means for you is that when Europe finally implodes and banks fail, U.S. taxpayers will hold the bag
    for TRILLIONS in Credit Default Swaps insurance contracts sold by Bank of America and JP Morgan.
    No wonder Geithner has been hopping all over Europe begging and cajoling leaders to put together a massive bailout of troubled banks.
    His worst nightmare is Eurozone bank defaults leading to the collapse of the large U.S. banks
    who have been happily selling default insurance on European banks since the crisis began.
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    What it means is the socialism and militaryism is crushing the life out of this place with the destruction of the middle class and with the immense ignorance from both those who support dictating to the world and having a base in over 130 countries and those who support every conceivable cradle to grade social program, with both vigorously and ignorantly fighting for more of this agenda, neither of which supports the spirit of the Constitition and the spirit of freedom, a concept more and more Americans seem unwilling or unable to even define, this place is doomed. There is one hope but with the near total corruption in the press , I doubt it's going to happen.

    Good luck and have a nice day. I will image
  • jmski52jmski52 Posts: 22,947 ✭✭✭✭✭
    Great couple of posts, Stew.image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • WingsruleWingsrule Posts: 3,020 ✭✭✭✭
    I was speaking to a friend and former colleague late this afternoon. After our old employer closed its doors, she went to work as a recruiter for a temp hiring service. She tells me she is frustrated because she has a company trying to fill 50 openings paying between $18-22 per hour for unskilled, manual labor. After making about a dozen and a half calls to folks in their database, she did not find a single one willing to accept the positions. Almost without fail, I am told, is that these people were willing to make less than half that amount sitting on their arse collecting unemployment.

    I am wondering how many will be crying up a storm when their bennies run out. Probably a good number of them.

    Another one passed up an opportunity managing a chain store that would have paid him about 2.5x what he was making with us.

    There are opportunities out there. It may not be the perfect job in the perfect company in the perfect location, but they do exist.
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭


    << <i>
    There are opportunities out there. It may not be the perfect job in the perfect company in the perfect location, but they do exist. >>




    Absolutely
  • jmbjmb Posts: 594 ✭✭✭


    << <i>What it means is the socialism and militaryism is crushing the life out of this place with the destruction of the middle class and with the immense ignorance from both those who support dictating to the world and having a base in over 130 countries and those who support every conceivable cradle to grade social program, with both vigorously and ignorantly fighting for more of this agenda, neither of which supports the spirit of the Constitition and the spirit of freedom, a concept more and more Americans seem unwilling or unable to even define, this place is doomed. There is one hope but with the near total corruption in the press , I doubt it's going to happen. >>



    image
  • 10 years ago the USA had Steve Jobs, Bob Hope and Johnny Cash.

    Now they have no Jobs, no Hope and no Cash.
    Many successful BST transactions ajia
    (x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
    mariner67, and Mikes coins
  • derrybderryb Posts: 37,010 ✭✭✭✭✭


    << <i>10 years ago the USA had Steve Jobs, Bob Hope and Johnny Cash.

    Now they have no Jobs, no Hope and no Cash. >>



    No Cash, but they have change. image

    Exit bunker, enter Matrix. LOL

Sign In or Register to comment.