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Old 09-21-2008
Rockter Rockter is offline
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Rockter will become famous soon enough
RickM...

Thanks for the explanation.
What's the difference between fraud and dishonesty?
I read today in the London Telegraph that the ghouls at Lehman Brothers are going to get this year's bonuses. Last year they totalled 5 billion dollars.

I warn you guys in the States. I have watched for abouit 30 years as that great nation is buried ever deeper into debt by a parcel of xxxxxxxx... first it was Savings and Loan, and now it is this utter catastrophe, with a bunch of ghouls that have enriched themselves beyond their wildest dreams (still are) and have passed the collosal bill to the American taxpayer.

You cannot go on like this. You are just about owned by foreigners and you are going to have to pay them for the rent of the place.

This is not a free market. This is utter rape of the nation and her people. There is no concept of balancing books with this government, or the one before, or the one before that. They know full well that it is not sustainable, yet they are going to get very rich while it's still functioning.

It's no different here in the UK either. The only difference is that we have no foreign debt here, it is all domestic debt. The effect is similar. Today, interest payment on debt is more than we spend on defence and it's ever-rising... the debt, that is.

Whatever happened to living within our means?

The UK is the most indebted nation in the industrialised world. Between formal national Debt and the hidden state (unfunded) pension commitments, it is likely to be about 1,000 billion £. That is close to 100% of GDP.

The people are wakening up to it. Gordon Brown.... now known as the "sub-prime minister" is going to get trounced at the next election, assuming he survives that long.

I wonder will it change much? I wonder.

Last edited by Rockter; 09-21-2008 at 08:58 PM.
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