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#1
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![]() ...can't put Wall Street together again...they are the "chaplains" in the following Harry Chapin Song; Dance Band on the Titanic.
Dance band on the Titanic Sing "Nearer, my God, to Thee" The iceberg's on the starboard bow Won't you dance with me Mama stood cryin' at the dockside Sayin' "Please son, don't take this trip" I said "Mama, sweet Mama, don't you worry none" "Even God couldn't sink this ship" Well, the whistle blew and they turned the screws It turned the water into foam Destination sweet salvation Goodbye home sweet home I'm in the dance band on the Titanic Sing "Nearer, my God, to Thee" The iceberg's on the starboard bow Won't you dance with me There was a trombone and a saxophone The bass and drums were cookin' up the bandstand And I was strummin' in the middle with this dude on the fiddle And we were three days out from land And now the foghorn's jammed and moanin' Hear it groanin' through the misty night I heard the lookout shout down "There's icebergs around" "But still everything's all right" Oh, the dance band on the Titanic Sing "Nearer, my God, to Thee" The iceberg's on the starboard bow Won't you dance with me They were burnin' all the flares for candles In the banquet they were throwin' in first class And we were blowin' waltzes in the barroom When the universe went CRASH! "There's no way that this could happen" I could hear the old captain curse He ordered lifeboats away, that's when I heard the chaplain say "Women and children and chaplains first" Well, they soon used up all of the lifeboats But there were a lot of us left on board I heard the drummer sayin' "Boys, just keep playin'" "Now we're doin' this gig for the Lord" I heard the dance band on the Titanic Sing "Nearer, my God, to Thee" The iceberg's on the starboard bow Won't you dance with me There's a wild-eyed boy in the radio shack He's the last remaining guest He was tappin' in a Morse code frenzy Tappin' "Please God, S.O.S." Jesus Christ can walk on the water But a music man will drown They say that Nero fiddled while Rome burned up Well, I was strummin' as the ship go down I'm in the dance band on the Titanic Sing "Nearer, my God, to Thee" The iceberg's on the starboard bow Won't you dance with me ***************************************** Listen closely, you'll hear the Congress and White House and Cabinent playing the same old TITANIC tune... Those whom have follwed this forum for a while know I'm an optimistic pessimist...and preparation has been by mantra from day one... ARE your prepared? We've already hit the ICEBERG. Gordon Jay Alexander PS. If any of the following people read this post, please contact me by email ASAP, OK? [email protected] Phil Ankesh Kothari Erik Lukas Pete Egeler Jason Cain Cornell Duane Adolph Michael Bill Thanks Last edited by GordonJ : September 24, 2008 at 10:01 AM. |
#2
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![]() Just read an Interesting piece from Ron Paul. You'll find it below...
========== - original can be seen here http://www.campaignforliberty.com/blog/?p=597 Dear Friends, Whenever a Great Bipartisan Consensus is announced, and a compliant media assures everyone that the wondrous actions of our wise leaders are being taken for our own good, you can know with absolute certainty that disaster is about to strike. The events of the past week are no exception. The bailout package that is about to be rammed down Congress’ throat is not just economically foolish. It is downright sinister. It makes a mockery of our Constitution, which our leaders should never again bother pretending is still in effect. It promises the American people a never-ending nightmare of ever-greater debt liabilities they will have to shoulder. Two weeks ago, financial analyst Jim Rogers said the bailout of Fannie Mae and Freddie Mac made America more communist than China! “This is welfare for the rich,” he said. “This is socialism for the rich. It’s bailing out the financiers, the banks, the Wall Streeters.” That describes the current bailout package to a T. And we’re being told it’s unavoidable. The claim that the market caused all this is so staggeringly foolish that only politicians and the media could pretend to believe it. But that has become the conventional wisdom, with the desired result that those responsible for the credit bubble and its predictable consequences - predictable, that is, to those who understand sound, Austrian economics - are being let off the hook. The Federal Reserve System is actually positioning itself as the savior, rather than the culprit, in this mess! • The Treasury Secretary is authorized to purchase up to $700 billion in mortgage-related assets at any one time. That means $700 billion is only the very beginning of what will hit us. • Financial institutions are “designated as financial agents of the Government.” This is the New Deal to end all New Deals. • Then there’s this: “Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.“ Translation: the Secretary can buy up whatever junk debt he wants to, burden the American people with it, and be subject to no one in the process. There goes your country. Even some so-called free-market economists are calling all this “sadly necessary.” Sad, yes. Necessary? Don’t make me laugh. Our one-party system is complicit in yet another crime against the American people. The two major party candidates for president themselves initially indicated their strong support for bailouts of this kind - another example of the big choice we’re supposedly presented with this November: yes or yes. Now, with a backlash brewing, they’re not quite sure what their views are. A sad display, really. Although the present bailout package is almost certainly not the end of the political atrocities we’ll witness in connection with the crisis, time is short. Congress may vote as soon as tomorrow. With a Rasmussen poll finding support for the bailout at an anemic seven percent, some members of Congress are afraid to vote for it. Call them! Let them hear from you! Tell them you will never vote for anyone who supports this atrocity. The issue boils down to this: do we care about freedom? Do we care about responsibility and accountability? Do we care that our government and media have been bought and paid for? Do we care that average Americans are about to be looted in order to subsidize the fattest of cats on Wall Street and in government? Do we care? When the chips are down, will we stand up and fight, even if it means standing up against every stripe of fashionable opinion in politics and the media? Times like these have a way of telling us what kind of a people we are, and what kind of country we shall be. In liberty, Ron Paul ========== Is it as Dire as Paul suggests? Michael Ross |
#3
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![]() Michael,
Good question. It is one of your favorite topics to rant about...SCARE tactics. President Bush spent his 20 minutes trying to SCARE the American people into supporting the bail out, or else there WILL BE dire consequences. OK, what will they be? It is an amazing thing to watch our congress and the media so befuddled and absolutely confused, bi-partisan and all ready to hit the Wall Stree EASY button (Wall Street borrowed it from Staples, turned it green, and every time they hit the EASY buttton, congress throws more money at them.) When I wrote the Winds of Change over 7 months ago, I gave a dim forecast of what was about to happen. And as for DIRE, next time you come to the States, look at the bridges (drive under them real fast, just in case)...our highways, our levees, and our underground 100 year old (in some cases) water lines, sewer lines and gas lines. Cities are already going broke, let's watch Houston for awhile. Is it DIRE here in the States? I don't think so. But, I also add...YET. We'll see DIRE in 2009, within 120 days of the inaguration. Hope I'm wrong. Gordon Jay Alexander |
#4
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![]() Quote:
Back before the last election in 2004 when I wrote/suggested that maybe the Dems should be Allowed to win - because - I saw the Housing Crash coming, and thus they'd be Out and the GOP would then probably get another 2 terms as a result of backlash. I miscalculated. The cover up. A while back you asked what we saw around us. And I said I saw a Boom. What I saw is a clue to Where money should go Instead of Wall Street... INFRASTRUCTURE! Want the economy to surge? Spend the $700B on infrastructure. On new infrastructure. And on Fixing the aged existing infrastructure. THAT is Where Economic salvation lays. For not only will that Avert future problems when those items Fail, it will Circulate the money in the economy by way of Jobs, etc. And the economy will flourish. $700B spent on Infrastructure will do more good, than bailing out a dying part of wall street. Of course, whether the Bailout is really about what it is Claimed to be about is another question entirely. Let's face it... infrastructure investment has Proven to be a Boost to any/all economies when it is applied. While money thrown into a stockmarket to Change Its Direction has only ever ended in disaster as the market doesn't change and the money is gone with nothing to show for it - regardless of the amount of money. And also let's understand... the Stock Price of a company doesn't mean the company whose stock it is, is in trouble. Coke prices might fall. But that won't stop people buying Coke, for example. If people understood those two things... or the media talked about them... it'd be harder for the Hobgoblins to be used by the Pres. If Obama wins, then he will inherit a disaster from Bush who inherited the writing on the wall from Clinton who inherited... Michael |
#5
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![]() Right you are Michael. This Congress has been the most inept in our great history (if anyone can cite an example of any good piece of legislation that's been passed in recent years please share - I need some glimmer of hope from them).
To be fair, this meltdown did start well back in the Clinton Presidency with the wild speculation and corporate greed (along with falsifying books), Enron was just the tip of the iceberg. Unfortunately, Bush missed his opportunity to make things better, as did Congress. And I fear the next President will likely make things worse instead of better. Kennedy had it right: "Ask not what your country can do for you, ask what you can do for your country." Obama: What can your country do for you? How about free healthcare, free stimulus checks, profits from the rich re-distributed to the poor, and anything else I can promise you that will buy some votes... We need to get some common sense leaders into Congress to keep whichever blowhard wins the Presidency in check. - Todd |
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