Money Minute: Deficit, Starbucks, Ford

[stephanieco28]

Thats wonderful, I can buy a car or a new house, all kinds of available credit. However, has anyone considered that I DONT HAVE THE MONEY TO MAKE THE PAYMENTS ON THE LOAN? Give me a fucking break. Are we, as a country, completely insane? We can get out of debt by incurring more!! With that said, I'm ready to grow and learning to live within my means. I've got my family, my health, some stored food and seeds and a couple weapons to kick the crap out of anyone who threatens that. : )

[Dewdaahman]

we'll be livin' in our cars soon.. I wonder if Walmart will let us park there overnite..?

[Quy4life]

they probably charge us but cheaper than other lots like Target and Walgreen.

[aquafishsoup]

how about fish

[xlioilx]

people are buying used cars because they have gotten foreclosed on their brand spanking new ones its happened to a few of the people I know glad I own my car =D

[BinkieMcFartnuggets]

Oh the American car market will stabilize! Near the bottom! But maybe when all the used cars people are buying break down they'll have to buy new ones.

[sugarpuddin88]

The Federal Reserve Bank is privately owned

The FED owes its duty to private shareholders!

America can no longer create money debt & interest free!

It's a criminal organization that caused 3 depressions in the 30's (google their retraction of money and the correlating collapse of biz & unemployment)

Then, the FEDs same shareholders bought up property and companies at pennies on a dollar!

The FED wants the USA to collapse! The FED is NOT part of the US Government!

[sugarpuddin88]

Fed debt per person: $58K

Un-funded Medicare/Medicaid per person: $332K

Fed's plundered trusts per person: $30K

Un-funded SS: $166K

Every American owes: $586K for FED debt

Gov grows 4 Xs faster than economy

Fed spending grows 16 times faster than economy, (16 fold expansion in control & gov dependence)

The US gov now holds 57% share of entire National Income = Government makes more than all the money made in private sector!

How long does the USA honestly think it will last?

[sugarpuddin88]

Every 15 months, the USA owes another trillion dollars against Gov expenses!

Prop up the bad guys with money!

Reward the mistakes & incompetence!

Weve increased the Money Supply 70% since October!!!!!

Can you imagine?!

Bernanke refused to show up the other day before congress

Altogether, the worlds markets over the past four weeks saw $11 trillion worth of assets wiped out. This sum corresponds to virtually the entire annual gross national product of the US, or the European Union