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Prepare for Fiscal Doom

catcaul Wrote: Nov 15, 2012 2:13 PM
The Austerity Bomb is coming. Jamie Dimon has said investing in Irish credit default swaps is a solid money maker. After all, Ireland is closer to the USA than London is to France, and Jamie has already primed the pump with 11 billion investor dollars..Privatize the Social Security Ponzi scheme and invest it all in default swaps..then true Austerity for all the chumps that rely on that failed scheme while my fund is prime for a Treasury bailout. See Capitalism works
Dreadnaught011 Wrote: Nov 15, 2012 5:33 PM


I'm ready to invest in Irish racehorses, you can keep the Irish funds.

A medium-class horse from Ireland can generate money in the hundreds of thousands of dollars without even winning races on our tracks. Just by placing second and third consistently. And if he's a high-class runner; he'll make you millions at stud. Let's hear it for Ireland!

Fooling Wrote: Nov 15, 2012 5:32 PM
Cannot happen soon enough.

Let us pray that when the mob gathers, when milk is $10 a gallon and gas $10 a gallon, it finds the FED officials first and gives them a taste of the new hope and change. Peacefully, of course. But that this mob gives them a serious piece of their mind : )

What disgusting, shabby, nasty individuals.

I am ready for austerity and will suffer it IF the ship of vile, nasty traitors in the White House and Congress and Supreme Court will stand down against the American People and learn its lesson. Otherwise, if they retain their lust for power, they will put us through insane economic cycles and policies forever.

Freedom and Liberty - they are moral imperatives and WORK~!!!

OK, perhaps doom is too strong a word, but then again, perhaps it is not. 

In either event, 2013 is not shaping up to be a banner year for the economy. And it’s not just or even mostly because of the fiscal cliff.

Our financial system is not stronger now than it was in 2008 when it finally collapsed under the weight of crashing real estate prices that fell all the harder because they were ballasted by plenty of government guaranteed debt.

In fact, prepare right now for the Next Great Bailout. Because this time around, the federal...