Friday, August 5, 2011

It's a U.S. downgrade

...and it's a Chinese language news report about it.

http://youtu.be/L3VsXlZSb8E

Translation should really not be needed; we can get the idea from the visuals!

:)

10 comments:

  1. You're correct john, I didn't understand a word they said.
    I hate to keep saying "I told you so" (no i don't) but ive said, since the cold war; "It's not the russians who should concern us, it's the Chinese.
    That clip says it all.
    Thanks for that.

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  2. Well, what's been apparent to the COTO's of this world for a long time is now evident to the dumbed-down masses, of at least should be, I don't know "Jersey Shore" got 9-million viewers last night, perhaps they're still in a trance?

    Everything should fall apart rather rapidly now. $2,000-gold by November, riots, perhaps the round-ups by January. Big chance now for a huge false-flag attack to rally and distract the dummies one more time.

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  3. QBAMCO – Apropos of Everything

    To infer the members of the black swan would be redundant.

    Welcome to QE3 courtesy of OBAMCO
    Devaluation & Transformation
    http://www.ritholtz.com/blog/2011/04/apropos-of-everything/

    ReplyDelete
  4. Always the optimist, huh M?
    Good to hear from you. I won't ask "How ya doin?" I probably couldn't comprehend.
    Abso-fukin-lutely correct.
    People like coto, who've been instinctively aware for a very long time could, if we were like the sheep, revel in "I told ya so's", or in a more juvenile,seinfeld type of way,"nani- nani-booboo!! Ya bunch of arsholes, ya!"
    But we won't do that. we'll be the ones helping people prganize neighborhood co-ops,taking care of safety and security and saying,
    nani-nani-booboo!
    Take care M.
    If the mood strikes, I think you have my #

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  5. At least the Chinese seem sympathetic to the plight of the average american. I assume by the visuals that they see our leadership as pretty evil--doling out rotten apples to the proletariat. And Obama as especially responsible. If so, why do they keep lending us money...if not to enslave us?

    Maybe we should ask for their help in overthrowing this rotten government.

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  6. OK, wait, I'm an idiot. Guess it was the Chinese themselves getting the rotten apples. I'm assuming the suggestion was to buy gold instead of buying our currency. Too late for that. The banking cartel will flood the market with it and the Chinese will lose out once again. That ought to really piss 'em off.

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  7. It's not only the Chinese downgrading the US...

    Credit rating agency Standard & Poor's on Friday downgraded the credit rating of the United States, stripping the world's largest economy of its prized AAA status.

    World stock markets in turmoil. Almost £50bn wiped off leading British shares and huge sell-off on Wall Street amid economic fears...

    Mayhem continues to stalk the horizon.
    \\||//

    ReplyDelete
  8. boomerangcomesbackAugust 6, 2011 at 7:57 PM

    For some nutritious financial factoids important to your future, take a gander at http://www.silverbearcafe.com/private/08.11/circus.html

    I suggest readers bookmark silverbearcafe.com, read their articles daily, and they will obtain a defense against the offensive planned destruction of your personal finances. No B.S. here!

    ReplyDelete
  9. Important Note for YOU!:

    1% TAX FOR ALL BANK TRANSACTIONS- OPEN YOUR EYES

    This is a House bill. If this doesn't make you contact your congressman, nothing will.

    Watch for this AFTER November elections; remember this BEFORE you VOTE in case you think Obama's looking out for your best interest.

    1% tax on all bank transactions HR 4646

    This government just cannot think of enough ways to hurt the American people!This Bill must die FORWARD THIS TO EVERYONE YOU KNOW!

    1% tax on all bank transactions HR 4646 - ANOTHER NEW OBAMA TAX SLIPPED IN WHILE WE WERE ASLEEP.

    Checked this on snopes, it's true! Check out HR 4646. (see below copied from Snopes)

    President Obama's finance team is recommending a one percent (1%) transaction fee (TAX). Obama's plan is to sneak it in after the November elections to keep it under the radar.

    This is a 1% tax on all transactions at any financial institution - banks, credit unions, savings and loans, etc. Any deposit you make, or even a transfer within your account, will have a 1% tax charged.



    ~If your paycheck or your social security or whatever is direct deposit, it will get a 1% tax charged for the transaction.



    ~If your paycheck is $1000, then you will pay Obama $10 just for the privilege of depositing your paycheck in your bank. Even if you hand carry your paycheck or any check into your bank for a deposit, 1% tax will be charged.

    ~You receive a $5,000 stock dividend from your broker, Obama takes $50 just to allow you to deposit that check in the bank.



    ~If you take $1,000 cash to deposit at your bank, 1% tax will be charged.

    Mind you, this is from the man who promised that, if you make under $250,000 per year, you will not see one penny of new tax. Keep your eyes and ears open, you will be amazed at what you learn about this guy's under-the-table moves to increase the number of ways you are taxed.

    ~Oh, and by the way, you receive a refund from the IRS next year and you have it direct deposited or you walk in to deposit that check, you guessed it. You will pay a 1% charge of that money just for putting it in your bank. Remember,

    any money, cash, check or whatever, no matter where it came from, you will pay a 1% fee if you put it in the bank.

    Some will say, oh well, it's just 1%. Are you kidding me? It's a 1% tax increase across the board. Remember, once the tax is there, they can also raise it at will. And if anyone protests, they will just say, "oh,that's not really a tax, it's a user fee"! Think this is no big deal? Go back and look at the transactions you made from last year's banking statements. Then add the total of all those transactions and deduct 1%.

    Still think it's no big deal???

    1. snopes.com: Debt Free America Act - Is the U.S. government proposing a 1% tax on debit card usage and/or banking transactions?

    It is true. The bill is HR-4646 introduced by US Rep Peter deFazio D-Oregon and US Senator Tom Harkin D-Iowa. Their plan is to sneak it in after the moved beyond proposing studies and submitted the Debt Free

    America Act (H.R. 4646) , a bill calling for the implementation of a scheme to pay down the [2010] by Rep. Chaka Fattah (D-Pa.). His "Debt Free America Act" (H.R. 4646) would impose a 1 percent "transaction tax" on every financial transaction...

    I suggest you read religiously www.theinternationalforecaster.com for hard-hitting no BS financial information.

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  10. Homo Vishnu Amerikanus, or in street language, TVZombies, the subjects in this psychotic society.


    ZZzzooooooommMM Toonz Via Wheetone ©2011 \\ii//

    ReplyDelete