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	<title>Comments on: Rescue or Bailout?</title>
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		<title>By: Mark</title>
		<link>http://www.maxpersuasion.com/rescue-or-bailout/#comment-334</link>
		<dc:creator>Mark</dc:creator>
		<pubDate>Thu, 30 Oct 2008 23:34:10 +0000</pubDate>
		<guid isPermaLink="false">http://blog.maxpersuasion.com/?p=131#comment-334</guid>
		<description>For the last 8 weeks the Fed has been printing money at the rate of 130% per year.   A banana repblic with no bananas!  Our planes are late, the postal service is a wreck, and our politicians are on the take.    Oh yeah and debt up the wazoo.  Default is inevitable...</description>
		<content:encoded><![CDATA[<p>For the last 8 weeks the Fed has been printing money at the rate of 130% per year.   A banana repblic with no bananas!  Our planes are late, the postal service is a wreck, and our politicians are on the take.    Oh yeah and debt up the wazoo.  Default is inevitable&#8230;</p>
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		<title>By: Doug Eberhardt</title>
		<link>http://www.maxpersuasion.com/rescue-or-bailout/#comment-333</link>
		<dc:creator>Doug Eberhardt</dc:creator>
		<pubDate>Thu, 30 Oct 2008 22:49:05 +0000</pubDate>
		<guid isPermaLink="false">http://blog.maxpersuasion.com/?p=131#comment-333</guid>
		<description>I misspelled my website in the last post so when you click on my name there it won&#039;t take you to it, lol.

Click on my name in this post (above) and it should take you to my latest writings.  I wrote about what was coming in a February post on my blog here: http://youcanmakeadifference.org/fedup/archives/5</description>
		<content:encoded><![CDATA[<p>I misspelled my website in the last post so when you click on my name there it won&#8217;t take you to it, lol.</p>
<p>Click on my name in this post (above) and it should take you to my latest writings.  I wrote about what was coming in a February post on my blog here: <a href="http://youcanmakeadifference.org/fedup/archives/5" rel="nofollow">http://youcanmakeadifference.org/fedup/archives/5</a></p>
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		<title>By: Doug Eberhardt</title>
		<link>http://www.maxpersuasion.com/rescue-or-bailout/#comment-332</link>
		<dc:creator>Doug Eberhardt</dc:creator>
		<pubDate>Thu, 30 Oct 2008 22:45:39 +0000</pubDate>
		<guid isPermaLink="false">http://blog.maxpersuasion.com/?p=131#comment-332</guid>
		<description>Brilliant observation Kenrick!

I was a financial adviser for over 20 years.  I left the business 3 1/2 years ago to write a book to expose what I viewed as the flaws in the industry.  This book has now evolved into three to resolve bigger issues that confront the U.S., but your conclusion that &quot;The real problem is that it won&#039;t fix the crisis&quot; is spot on.  It&#039;s like pouring gasoline on the fire or giving a heroin addict another hit.

It is indeed fear that the government is peddling.  It is indeed a form of Marxist socialism.  Plank #5: &quot;Centralization of credit in the hands of the state, by means of a national bank with State capital and an exclusive monopoly.&quot;

Is this not what they did with Goldman Sachs and J.P. Morgan?  What about Fannie and Freddie?  The list goes on and it won&#039;t stop there.

In reality it is both the left and the right that are taking this country down a socialistic path.  It will be difficult to overcome this new wave of socializing to the tune of over a trillion dollars that they have put upon us.

With over 10 trillion of current debt, the U.S. is heading down a slippery slope as eventually the dollar will head back below 80 and towards self implosion.

Look at the analysis I did comparing the economic data of Iceland and the U.S. here: http://youcanmakeadifference.org/fedup/archives/31

Iceland had better economic data than the U.S. in 2007 and only 1% unemployment and a trade surplus yet their currency called the Krona lost 75% this year and their stock market lost 77% with interest rates currently at 18%.  This is the future of the U.S.  It&#039;s a matter of &quot;when,&quot; not &quot;if.&quot;

But you can trust the government to keep trying to print more money to bail us out, erm, excuse me, &quot;rescue&quot; the Americans.  But how long can this game continue with a balance sheet your financial adviser would have you short?  If Americans don&#039;t know any better, who is going to tell them they&#039;re getting a raw deal?  Americans are the ones thinking that Treasuries are a good, safe investment!

Hopefully my books will be out soon enough to warn them.  This isn&#039;t going to end well.  How can it when congress never stops spending and the Fed never stops the printing press?  Where&#039;s the checks and balances the Bible speaks of?  It will soon change from &quot;We The People,&quot; to &quot;We The Serfs!&quot; (yes...I have that website too...for future use!)....

Peace and keep up the good writing!</description>
		<content:encoded><![CDATA[<p>Brilliant observation Kenrick!</p>
<p>I was a financial adviser for over 20 years.  I left the business 3 1/2 years ago to write a book to expose what I viewed as the flaws in the industry.  This book has now evolved into three to resolve bigger issues that confront the U.S., but your conclusion that &#8220;The real problem is that it won&#8217;t fix the crisis&#8221; is spot on.  It&#8217;s like pouring gasoline on the fire or giving a heroin addict another hit.</p>
<p>It is indeed fear that the government is peddling.  It is indeed a form of Marxist socialism.  Plank #5: &#8220;Centralization of credit in the hands of the state, by means of a national bank with State capital and an exclusive monopoly.&#8221;</p>
<p>Is this not what they did with Goldman Sachs and J.P. Morgan?  What about Fannie and Freddie?  The list goes on and it won&#8217;t stop there.</p>
<p>In reality it is both the left and the right that are taking this country down a socialistic path.  It will be difficult to overcome this new wave of socializing to the tune of over a trillion dollars that they have put upon us.</p>
<p>With over 10 trillion of current debt, the U.S. is heading down a slippery slope as eventually the dollar will head back below 80 and towards self implosion.</p>
<p>Look at the analysis I did comparing the economic data of Iceland and the U.S. here: <a href="http://youcanmakeadifference.org/fedup/archives/31" rel="nofollow">http://youcanmakeadifference.org/fedup/archives/31</a></p>
<p>Iceland had better economic data than the U.S. in 2007 and only 1% unemployment and a trade surplus yet their currency called the Krona lost 75% this year and their stock market lost 77% with interest rates currently at 18%.  This is the future of the U.S.  It&#8217;s a matter of &#8220;when,&#8221; not &#8220;if.&#8221;</p>
<p>But you can trust the government to keep trying to print more money to bail us out, erm, excuse me, &#8220;rescue&#8221; the Americans.  But how long can this game continue with a balance sheet your financial adviser would have you short?  If Americans don&#8217;t know any better, who is going to tell them they&#8217;re getting a raw deal?  Americans are the ones thinking that Treasuries are a good, safe investment!</p>
<p>Hopefully my books will be out soon enough to warn them.  This isn&#8217;t going to end well.  How can it when congress never stops spending and the Fed never stops the printing press?  Where&#8217;s the checks and balances the Bible speaks of?  It will soon change from &#8220;We The People,&#8221; to &#8220;We The Serfs!&#8221; (yes&#8230;I have that website too&#8230;for future use!)&#8230;.</p>
<p>Peace and keep up the good writing!</p>
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		<title>By: Mike Sawisky</title>
		<link>http://www.maxpersuasion.com/rescue-or-bailout/#comment-331</link>
		<dc:creator>Mike Sawisky</dc:creator>
		<pubDate>Thu, 30 Oct 2008 20:40:34 +0000</pubDate>
		<guid isPermaLink="false">http://blog.maxpersuasion.com/?p=131#comment-331</guid>
		<description>[quote comment=&quot;&quot;]Wow C.T. - you are one angry, weird-acting person.

I&#039;m guessing you may be panicking over the election your favorite candidate is about to lose.  Losing sucks.  Better luck next time to you.[/quote]

I am on Kenrick&#039;s Point Of View. By a simple Reframe, the shift clicks in and voila, it doesn&#039;t sound like it&#039;s a problem anymore. However I wonder what crisis needs to be fixed here? And is crisis for one, opprtunity for others? Certainly the arguement could be made that the government actions are taking them where they shouldn&#039;t be, that is, if we wish to remain in a free market system. Thanks for challenging us KC!</description>
		<content:encoded><![CDATA[<p>[quote comment=""]Wow C.T. &#8211; you are one angry, weird-acting person.</p>
<p>I&#8217;m guessing you may be panicking over the election your favorite candidate is about to lose.  Losing sucks.  Better luck next time to you.[/quote]</p>
<p>I am on Kenrick&#8217;s Point Of View. By a simple Reframe, the shift clicks in and voila, it doesn&#8217;t sound like it&#8217;s a problem anymore. However I wonder what crisis needs to be fixed here? And is crisis for one, opprtunity for others? Certainly the arguement could be made that the government actions are taking them where they shouldn&#8217;t be, that is, if we wish to remain in a free market system. Thanks for challenging us KC!</p>
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		<title>By: Loren Woirhaye</title>
		<link>http://www.maxpersuasion.com/rescue-or-bailout/#comment-330</link>
		<dc:creator>Loren Woirhaye</dc:creator>
		<pubDate>Thu, 30 Oct 2008 18:57:56 +0000</pubDate>
		<guid isPermaLink="false">http://blog.maxpersuasion.com/?p=131#comment-330</guid>
		<description>Wow C.T. - you are one angry, weird-acting person.

I&#039;m guessing you may be panicking over the election your favorite candidate is about to lose.  Losing sucks.  Better luck next time to you.</description>
		<content:encoded><![CDATA[<p>Wow C.T. &#8211; you are one angry, weird-acting person.</p>
<p>I&#8217;m guessing you may be panicking over the election your favorite candidate is about to lose.  Losing sucks.  Better luck next time to you.</p>
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		<title>By: C T Vivian</title>
		<link>http://www.maxpersuasion.com/rescue-or-bailout/#comment-329</link>
		<dc:creator>C T Vivian</dc:creator>
		<pubDate>Thu, 30 Oct 2008 18:16:00 +0000</pubDate>
		<guid isPermaLink="false">http://blog.maxpersuasion.com/?p=131#comment-329</guid>
		<description>* * * *  This comment was removed as inappropriate as any form of contribution to a conversation, and unacceptable language * * * *

See our posting policy.  Comments are welcome, even if you disagree, as long as it is kept civil and contributes to the conversation.  Personal insults, offensive language, and general flaming will not be allowed.</description>
		<content:encoded><![CDATA[<p>* * * *  This comment was removed as inappropriate as any form of contribution to a conversation, and unacceptable language * * * *</p>
<p>See our posting policy.  Comments are welcome, even if you disagree, as long as it is kept civil and contributes to the conversation.  Personal insults, offensive language, and general flaming will not be allowed.</p>
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