My most recent letter to my congressmen and senators

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09-28-2008, 06:29 PM

#11

phinsup

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(US) Fed discount window borrowings averaged a record $187.8B/day in Sept 24 week v $48B/day prior week; M1 up by $16.2B and M2 up by $20.6B

- Primary credit borrowings averaged a record $39.4B/day in Sept 24 week vs $21.6B/day prior week.

- Primary dealer and other broker-dealer credit borrowings were $105.7B as of Sept 24.

- On Wed, AiG's Fed loan was $44.6B (52.4% of the total loan amount)

- Foreign central bank US debt holdings rise $23B

- Foreign central bank holdings of US Agency debt rises to $5.6B.

09-28-2008, 06:39 PM

#12

ColinRX7

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Maybe we can hack everyone's computers, like viciously attack people's machines with non-threatening information.

I'm here talking in Gen D about it because nobody will entertain me with conversation in real life when I say "so, you hear about what's going on in the US right now?"

09-28-2008, 06:40 PM

#13

phinsup

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Yea well I used to be the guy no one wanted to listen too as well, now they all want to talk to me.

09-28-2008, 06:50 PM

#14

defprun

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To put it really simple, you hand America to the Banks on a silver platter.

09-28-2008, 06:50 PM

#15

phinsup

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Rape me

Rape me, my friend

Rape me

Rape me again

I'm not the only one, IIIII [3x]

I'm not the only one...

Hate me

Do it and do it again

Waste me

Rape me, my friend

I'm not the only one, IIIII [3x]

I'm not the only one...

My favorite inside source

I'll kiss your open sores

I appreciate your concern

You're gonna stink and burn

Rape me

Rape me, my friend

Rape me

Rape me, again

09-28-2008, 06:51 PM

#16

defprun

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That was my ex-girlfriend's favourite song..

09-28-2008, 06:52 PM

#17

ColinRX7

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Quote:

Originally Posted by phinsup' post='908733' date='Sep 28 2008, 07:18 PM

I'm ready to ******* take up arms and storm this **** at this point, I've ******* had enough, this is horseshit. Honestly I don't know what I will do, this will not avoid any catastrophic failure as I have said before, we are headed for a total breakdown of the financial system, I do believe at this point that there is no avoiding it, only postponing it and in the process making "it" worse when it gets here.

Honestly if all this **** goes through I'll just move and stop paying taxes unless the people actually take some responsibility and throw these ******* in jail, then I'll help, otherwise **** it I'm done. I'm so pissed I can't even effectively get my point across, I've been the crazy guy in the room for over a year, telling everyone the **** is going to hit the fan, telling them to buy gold, telling them to stockpile food, ammo, guns and everyone laughs at me, now people want to take me out to dinner and listen to me LOL

Who cares though? Not until anyone realizes it can actually change things for them, they won't care.

Like honestly there are alot of firms closing their doors in my industry and it's linked to what's been going on in the automotive sector when the gas prices went up. The value of heavy vehicles plummeted, value of cheap economical cars stayed steady and sales went up. Again, value steady, sales increase. So I bought my truck, and a month later I could have bought the exact same **** brand spanking new not used for LESS money. And it was a good deal, a month ******* earlier. So anyways, here we are, in the fall, and those trickle-down economics trickled back up or however you want to describe it. Transportation firms, who haul parts and cars to locations and factories, had steady contracts. Then all of a sudden the automotive manufacturers have to cut costs to make up for the unsold vehicles. Lost contracts in transportation. No money, fuel too expensive. **** this ****. Doors close. Jobs gone. There was a local transportation company that had been operating for over 70 years, and they closed up.

So anyways, that's just because of fuel increase. I saw all the waves it caused.

Then the transport companies that pulled through are talking about how tough the US is right now, and they really aren't sure what's going to happen.

This is why I've started to watch closer now anyways.

09-28-2008, 07:02 PM

#18

phinsup

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Commodities (such as oil) are very tightly linked to the USDX, now there are some things they do in the news to try and hide the USDX, for example you never actually the usdx on the news, they always compare the dollar to the Euro, the yen, etc, etc.... If you were to look back at the USDX when oil was at it's highest you will see that the dollar was at it's lowest. The reason for this is pretty simpler, oil for the most part is bought and sold with the USDX, places like Saudi Arabia no longer couple their dollar to the US dollar, when the dollar goes down in value, they want more dollars for the barrel oil. This is no secret, the dollar had a big rally, which will be short lived and even shorter as we take on more debt, print more money and become a less worthy credit risk.

The dollar currently trading at 77.238, will be trading at 60 or less, the lower dollar value will cause inflation, commodities will rocket, all prices will rocket the dollar will not buy ****.