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ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
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04-19-2006 14:35
The Debt of the United States makes me sick. (Blahhhhhh!!!!!)
$8.3/Trillion Dollars. And the government just raised the
debt ceiling to $9/Trillion dollars. So expect the Treasury to
borrow another $700/billion pretty soon...
I don't know about you, but every American should be doing
the following steps or you will be feeling the PAIN in the coming years.
a) Rid yourself of all Variable Rate Debt (ie: Credit Cards)
b) Obtain only Fixed Rate Long Term Debt (ie: 30yr Fix Mortgage, NO ARMS)
c) Stockpile Savings/Cash (Min. 10% yearly income)
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Andy Grant
Registered User
Join date: 20 May 2005
Posts: 140
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04-19-2006 14:47
ReserveBankDivision: *Nods*
Btw. i actualy saw the light reading that recent deficit expansionpack... The bill passed by a 52-48 vote <- Damn there are actualy afew ppl there that want america good, just too bad they're surrounded with payed off crackheads all over the place.
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Cybin Monde
Resident Moderator (?)
Join date: 27 Jan 2004
Posts: 2,468
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moved
04-20-2006 01:10
this forum is for the discussion of SL related Land & Economy, as such this thread has been moved to Off Topic where discussion of RL economics are more appropriate.
edit: i left a re-direct for this thread due to it's activity.
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"We, as developers, are doing the easy part – building the scaffolding for a new world. You, as the engines of creation, must breathe life into it."
- Philip Linden
"There is no life I know to compare with pure imagination. Living there, you'll be free if you truly wish to be."
- Willy Wonka (circa 1971)
SecondSpace (http://groups.myspace.com/secondspace) : MySpace group for SLers.
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Lucifer Baphomet
Postmodern Demon
Join date: 8 Sep 2005
Posts: 1,771
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04-20-2006 05:19
From: ReserveBank Division Let me guess, you used to be a member of the National Union of Mineworkers?
Broken like a stick over Maggie's knee...
The Miners' Strike, 1984-85
UK miners' strike (1984-1985)
In 1984, under the leadership of Arthur Scargill, a Marxist, the NUM went on strike in response to the decision by the National Coal Board to close twenty allegedly unproductive pits. The strike lasted a full year, during which there were violent clashes between police and miners, before workers were forced back to work without a deal and was an era-defining moment in British politics. The British coal-mining industry never recovered. Today there are very few mines still left and it is alleged by some that it is only a matter of time before they too are closed.
The effectiveness of the strike was reduced because of over its legal position and the difficulty of measuring miners' support for the action. The membership of the NUM were not formally balloted on strike action. The union had a history of voting by public meeting and an open show of hands, and the leadership presented the law requiring a private ballot as an attack on its right to conduct internal affairs. Critics claimed that a ballot was not taken because the union could not be certain of support for the strike and that the action was illegimate. The lack of a ballot also had implications for the government's powers to counter the strike. Actually no, RSB... however I do live here, and Thatchers policies detroyed many communities in Scotland. Yes I know heavy industry suffered globally, but Thatcher foccused all her revitilisation of the economy in the southeast of England, and turned most of the UK north of Watford into a post industrial wasteland. Also Thatchers rellentless deconstruction of the NHS is something the health service is still recovering from. RSB, go to Clydebank, Leith or Linwood, once thriving communities, see what Thatcherism did to those communities.
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Usagi Musashi
UM ™®
Join date: 24 Oct 2004
Posts: 6,083
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04-20-2006 06:35
You Know The yen to the euro is still pretty much over valued Its been this way for a while now. Grant you Japan does alot of business with european business and they have many business here. The euro is steal the 1.00 Euro = 145.29 Japanese Yen this is so out of wack!!!!!!!!!!!!!!!!! Gesh I hope this madness stops. For a better Look see the folowing with a referance of a "Crossrate" Pattern...... Crossrates ------------------------------ Europe Asia Pacific Apr 19 US $ UK £ Japan ¥ Euro € US $ xxxxx 0.5615 117.77 0.8116 UK £ 1.781 xxxxx 209.76 1.4455 Japan ¥ 0.008491 0.004767 xxxxx 0.00689 Euro € 1.2322 0.692 145.116 xxxxx |
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Ulrika Zugzwang
Magnanimous in Victory
Join date: 10 Jun 2004
Posts: 6,382
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04-20-2006 20:34
From: ReserveBank Division Damn Socialists... Filthy capitalist pig. ~Ulrika~
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Boliver Oddfellow
CEO Infinite Vision Media
Join date: 22 Sep 2005
Posts: 484
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04-20-2006 20:59
Seeing how the dollar fell today President George Bush decided to end all Dwell Payments in order to stabalise the economy. Hollywood and the Music and club industries were up in arms. Milton Freedman warns citizens stipends may be next
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Zuzu Fassbinder
Little Miss No Tomorrow
Join date: 17 Sep 2004
Posts: 2,048
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04-20-2006 21:04
This thread should be moved to Notices and Well Wishes.
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From: Bud I don't want no commies in my car. No Christians either.
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Usagi Musashi
UM ™®
Join date: 24 Oct 2004
Posts: 6,083
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04-20-2006 22:01
hahhaha
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