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Sirius

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Everything posted by Sirius

  1. Kudos to the Mods here...Good work. Just a shout out to the Mods and the great work they do on this site, which I am sure everyone appreciates here. Spam attack has been thwarted..!!
  2. http://www.hongkongforex.com/Forex/en/index.html Nope.
  3. Obama: Gut Social Security Now, Don't Wait Till The Election Incredible that a Democrat would propose loud and clear that our Social Security system should be gutted starting immediately to get an up-tick, illusory as it may turn out to be, in GDP just before the next election. But President Obama's proposal to cut the employee portion of our payroll taxes in half and also cut payroll-taxes for small businesses will do just that. The two measures would remove $240 billion from our Social Security system during 2012 and hand it over to consumers and businesses so that they can do some magic with it. Will that nudge up GDP? Not by much. The problem is that the money we consumers spend goes into products that are to a great extent imported. Hence, our trade deficit will rise. This has already happened with the current payroll-tax cut. Since January, it has given consumers about $80 billion in additional spending money. And true: It nudged up consumer spending. At the same time, our trade deficit, particularly with China, skyrocketed. YTD through July, it hit $433 billion. Same period last year: $330 billion. The $103 billion increase is largely attributable to rising consumer spending (including the impact of higher prices). A humongous trade deficit like this, aside from being a terrible drag our economy, is also subtracted from GDP (GDP = Consumption + Investment + Government Spending + Exports – Imports). And true again: GDP so far this year has barely budged though consumer spending is up. Will it create jobs? Well, let's look at our current payroll-tax cut. And we see that a few jobs are being created in the U.S., but not many, and none last month. Meanwhile, lots of jobs are being created in China. Coincidence? Maybe not. This is the result of many years of corporate efforts to offshore production and services to countries where labor is cheaper (15.4 Million Missing Jobs). So the impact on job creation, thanks again to our trade deficit problem, will be minor. So, what does cutting payroll taxes accomplish? It reduces the flow of money into the Social Security system by $240 billion a year. And no one can ever let a payroll-tax cut of this magnitude expire. It would be perceived as a huge tax increase. It's already happening. The current one is supposed to expire by the end of December. But heck no! Instead, an even bigger one is being proposed to take its place. So this won't be a "temporary" cut. It'll be permanent. At least until the money is gone—maybe in a decade or so if disbursements stay at current levels. Presidential candidate Rick Perry, who called Social Security a Ponzi scheme and monstrous lie, and who wants to unwind it, couldn't have come up with a more effective plan to put his campaign rhetoric into action. Meanwhile, in another corner of Washington, a bipartisan group of lawmakers is hunkering down, trying to figure our how to make politically feasible and perhaps sensible adjustments to our entitlement programs, including Social Security, ironically, to keep them functional for a few more decades. Makes you wonder if these people ever talk to each other. For some people, the $2.6 trillion Trust Fund doesn't exist, and thus the whole issue would be moot. Well, for Wall Street bankers it existed enough to where they were dying to get their hands on it when President Bush wanted to privatize it. Remember? At the time, I had dinner with some of them, and so giddy were they about the prospects of all this money flowing their way that they were barely able to eat. In fact, the Trust Fund is loaded with treasuries, like any wealthy and conservative investor. Whether or not these treasuries will be worth anything in the future is another question, but not just for the Trust Fund. Wolf Richter LINK :
  4. Yes, that would be Project Bluebeam. http://theintelhub.com/2011/08/14/project-bluebeam-imminent-michio-kaku-hyping-alien-invasion/.
  5. Bank of America cutting 30,000 jobs NEW YORK (CNNMoney) -- Bank of America said Monday that it plans to eliminate 30,000 jobs as part of a plan to save $5 billion. The announcement came after Chief Executive Brian Moynihan outlined the bank's strategy at an investor conference in New York. BofA has already disclosed plans to eliminate a total of 6,000 jobs this year. And it recently announced a management shakeup that effectively will split the bank into two units: one serving consumers and one serving commercial clients. The bank said it expects a "significant portion" of the reduction in headcount to occur through attrition and the elimination of unfilled positions. BofA had a total of 287,000 employees as of June 30. The move, part of an ongoing reorganization launched last year called the "Project New BAC," will play out over the next few years. In the first phase of the plan, BofA said it expects to save $5 billion, or 18% of its projected $27 billion in overall costs, through 2014. The second phase will begin in October and run through 2012. The cost reductions stem from changes BofA has made in its consumer and small banking business, credit card operations, home lending as well as global operations and certain support areas. "We're a much simpler company than we were 24 months ago," Moynihan said. Shares of BofA (BAC, Fortune 500) rose 1.3% in morning trading. The company's stock has taken a beating this year, tumbling about 48% from January. BofA's shakeup signals more layoffs Moynihan said the company will continue cutting costs as part of a plan to refocus on its core businesses, but he declined to provide details on future reductions. Moynihan acknowledged that BofA faces a challenging environment, pointing to the weak economy, low interest rates and the bank's troubled mortgage unit. But he stressed that BofA has been focused on building "a fortress balance sheet" to help offset any future losses. It has been doing that, he added, by "getting out of the things we don't need to do." The bank has been struggling to tamp down widespread speculation in financial markets about potential legal costs and loan losses in its mortgage unit, which has been the worst performing of its six business lines. BofA announced an $8.5 billion settlement earlier this year with 22 of the nation's largest fixed-income investment firms over mortgage-backed assets. The assets in question stem from BofA's purchase of Countrywide Financial, once the nation's largest sub-prime lender, in 2008. The settlement, which has yet to be approved by the courts, is being challenged. When asked if the bank would consider bankrupting Countrywide, Moynihan said BofA is "looking at all options." But he stressed that the company would not discuss such plans publicly. Meanwhile, BofA is also being sued by state and federal regulators for questionable foreclosure processes. BofA is one of 17 major U.S. financial institutions that are being sued by the federal agency overseeing Fannie Mae and Freddie Mac in an attempt to recover billions of dollars in losses from risky mortgage investments. Moynihan said resolving the lawsuits "could help move us forward." But he added that the settlements "must be reasonable for the company and the shareholders." He also discussed the economic challenges facing the company, as lending activity continues to decline and interest rates remain near record lows. To deal with these challenges, Moynihan said the bank is focusing on its "core" businesses, including its retail and commercial banking operations, as well as private wealth management. Moynihan also argued that BofA has improved its capital position and reserve levels following recent asset sales. Buffett bets $5 billion on Bank of America In the third quarter, BofA sold part of its stake in China Construction Bank and agreed to sell its Canadian credit card business. It also received a $5 billion investment from Warren Buffett's Berkshire Hathaway (BRKA, Fortune 500). Moynihan said BofA was not pressed by bank regulators to raise capital at the time of Buffett made his offer. "We are very pleased with the investment and it has had a great impact on our company," he said. "It was absolutely right thing to do for us at the time." To top of page First Published: September 12, 2011: 11:36 AM ET LINK :
  6. Sirius

    911

    Amazed you said that without asking yourself "say what"? They weren't muslims, research instead of TV may help.
  7. Sirius

    911

    Glad you did your research....I feel safer now knowing we are safe from terrorists...who killed 8 Americans in the last year. Maybe we need to go to war with automobiles, they killed 40,000 Americans last year, or maybe an all out war on alcohol, as 75,000 died last year from it. Lets get real here. In October 2004 in Caracas, Venezuela, a fire in a 56-story office tower burned for more 17 hours and spread over 26 floors. Two floors collapsed, but the underlying floors did not, and the building remained standing. Twin towers were years ahead of this one. Research can be fun........http://www.serendipity.li/wot/other_fires/other_fires.htm Jet fuel is kerosene....burned off in less than a minute.
  8. Don't want to rain on the old wives tale, but that's just what it is. Turkey actually has less Tryptophan than chicken. I remember people saying cold water will boil faster than hot water. I also never "lather,rinse,repeat"...it is just a sales gimmick. RV soon.
  9. You didn't read it right I guess...if they are going to "lop" the zeros off the notes, and the 25K now becomes 25 dinars, why would they worry about fraud? Maybe if they were going to RV to a dollar with our old dinars then it might make some sense. Nothing to do with US currency or Istanbul's....just a question of the obvious. Exactly...
  10. Sure, I can trade you for some rare Canadian Tire money... Actually we have 34 Million people here, alot of sex up here.
  11. One question for you Dalite, as you are one of the calmer RD'ers. All this information comes from CBI articles which I understand but why would they claim to be very worried about mafia and fraud from people trading in "old" dinars for "new" dinars when the old ones will be worth chump change? Just one of the those things that doesn't add up. Thanks.
  12. All the FBI has to do is release just ONE of the dozens of recordings taken that day that they confiscated immediately after the "crash". Just show us the truth and we will go away...but they won't and that's another smoking gun. They released a few frames with one missing...not good enough.
  13. You can call me anything you want, you see when one is awake it has zero effect on them and 100% effect on you. I have worked a long life and my kids are grown and doing excellent, as for my faith, worry about your own, you need it. We don't "buy" into these "conspiracies" as you call them, we have researched for a decade and interviewed many people who were there or had family members lost there. You are not awake, that is obvious so therefore you do not live in a real world, you are stuck living in a fable that has you brainwashed beyond anything you can comprehend, from your schooling and textbooks to your TV habits and media lies being pounded into your feeble mind. You think "our" world is a struggle? What a laugh I had from that, we know about many things that will happen now before they do...do you? No. We have waken up countless people and now we seem to be left with people like you, which is fine as we don't need you, we can handle this ourselves, just don't expect to jump on the bandwagon after our work is done. There will be no room. You sit on your butt everyday while the rest of the world is standing up to the same tyranny that is hitting us, that is because they are all awake. So stay asleep little sheeple, let the adults who have the knowledge fight our fight, we will let you know when it is ok to come out into the real world. Here is a quote from Obama's senior advisor, who has stated that they are speeding up their plan for a world government because too many of US are awake to their plans. "It Is Infinitely Easier to Kill a Million People than to Control a Million People." - Zbigniew Brzezinski People like you TFK actually think we sit around and make this stuff up...I will tell you what I have told many others...if you do start to wake up, and realize the truth of the "real world" you will crap yourself and that is putting it lightly. These Elites are beyond any evil you could imagine. Maybe it is best you stay asleep and live out your life in ignorance. Good luck.
  14. Yes I knew that, I wasn't bashing...just pointing it out for the government lovers to see.
  15. There were no firefighters in WT7, they were out long before he said "pull it", and when do you refer to firefighters as "it"? I see your main problem and that's your use and belief in the MSM, (NY Times) which is owned and controlled by the very same people behind 9/11. Turn off your TV and stop reading MSM newspapers who have been proven to lie and have admitted it. So in this clip when Rumsfeld says "shot the plane down" he actually meant flew it into the ground? Oh was it just a slip of the tongue? No...truth tends to come out when all you can do is lie. But there lies are working on some still as I see. So again, these people like Bush and Rice never would lie....but they did and there is no excuse for it. The government really does think you are all stupid, but they are scared now because of the ones waking up. I guess they never saw this document below either...
  16. Sigh, is all I can say, you are about 9 years behind us and I suggest you catch up. Nano Thermite has not or ever will be debunked, it was found in endless samples of dust. The original photo of the cut beam was seconds after it fell, as well as the molten metal which remained red hot for weeks. See Nasa photos. You need to stay away from NIST crap and government funded 9/11 debunking sites like Popular Mechanics. So are you saying the firemen on the scene that claimed explosions all the way down the towers were lying? Or are you going to try and say "that was just the floors hitting each other"? The pancake theory...more crap. Time to research and join the majority who know the truth, this stuff is beginner 9/11 arguments...you should move on to who did it and why. Follow the money, it usually works.
  17. Oh is that what you think of a real American hero ? He is a liar? Pathetic. I guess you also assume that Barry Jenning was another liar? I don''t think you can be that dumbed down. Barry makes it clear that BOTH towers were standing when the explosions went off in WTC 7. Of course he died soon after along with many other "witnesses"....wake up. http://www.youtube.com/watch?v=_DuSeuxjiJQ You another one of these simpletons who believe Larry Silverstein meant get the firefighters out of building 7, before he said "we decided to pull it"? There was no firefighters near building 7, they had been moved back already before he said that. You don't refer to firemen as "it", he would have said get your men out of there, but they already were. http://www.youtube.com/watch?v=7WYdAJQV100 Sometimes common sense makes things clearer. Well said, sad some people can't see it. That explains the top section, why was there no path of resistance then on the lower steel columns which were cold? Explain the diagonal CUTS made on these columns which were at the base as you can see.... and if you really believe in the Popular Mechanics (debunked long ago) garbage "pancake theory", then prove it....clap your hands 100 times in less than 10 seconds...bet you can't. Fail.
  18. He isn't talking about the day of the attacks, he means weeks prior to the attack, the towers were closed for maintenance as well as security cameras were all off. That would have been when any Thermite or explosives could have been applied. William Rodriguez is one of the only witnesses still alive, for now..but everyone should read his "Last man out", video coming out this week I believe. He is the proof of bombs going off before and after the plane hit.
  19. Yeah tell that to the families of the 2400+ dead Americans and see if they agree, I would doubt that.
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