Wednesday, July 20, 2011

Moody's and why they are useless

Check and Mate. Moodys has gone full retard.

(Reuters) - Ratings agency Moody's on Monday suggested the United States should eliminate its statutory limit on government debt to reduce uncertainty among bond holders. Click here for entire article...

26 comments:

  1. If money is debt then debt is money.

    If money is gold then gold is money.

    Debt is gold?

    (Ha, my attempt at a full retard first post!)

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  2. Bahahahaaha

    Holy fuck I needed a good laugh tonight, thanks SGS.

    I'm starting to think Obama isn't from Kenya, he is pure Zimbabwe.

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  3. Either way this debt ceiling bullshit is played out, PM's will march toward higher ground. Fuck man..14 Trillion Dollars... If I miss one rent payment, Im on the fucking street, and these buttfuckers run up the national debt like it was nothing important. I guess it isnt, because anyone who views FRN's as money needs to take a long walk of a short Space Station. Most likely, knowing these asshole's rednecks elected, the debt ceiling will be increased to 20 Trillion and in 10 years, after everyone forgets about it, the same shit will occur and they will raise it again.

    Seriously... WHAT THE FUCK DOES IT TAKE TO THROW THESE FUCKING MORONS OUT OF OFFICE? WHY SHOULDNT THERE BE ANOTHER REVOLUTION? ARE WE CONTENT? DO WE AGREE WITH WHAT THE FUCK IS GOING ON IN THE WORLD? IF I WENT OUT TODAY, AND SMASHED ALL OF THE SMART METERS, ATM'S, AND RED LIGHT CAMERA'S, WOULD IT MATTER? OR WOULD I BE PORTRAYED AS A NUT CASE MARTYR THAT THE PEOPLE WOULD HAVE AS A TEMPLATE TO INCITE A FULL BLOWN REVOLUTION, ONLY TO SUDDENLY CONVINCE THE SHEEPLE THAT ANYONE AGAINST THE "SYSTEM" IS THE ENEMY?

    Phewww... ok...enough ranting...but seriously folks.... what the fuck?!?

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  5. Fuck the debt it will never be paid back!

    What do people do when they know they are going to claim bankruptcy, run up their credit card!

    They run it up!

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  6. ..fuck those morons in congress...attach all THEIR millions that they have managed to "save" while in office and the debt limit is moot remember most of congress has been around for a long time..and they are the problem..back to good news for silver..read on


    Rising demand for silver bars, "biscuits" and similar products with 99.9% (.999) fineness have set a new trend. Local precious metals traders are also selling silver denominated notes reminiscent of turn of the century american silver certificates, but actually made of silver. These silver notes are very popular among the country´s rapidly growing middle class. The demand for silver notes, which highly resemble the country´s official rupee currency, is growing rapidly. The nominal value of each note corresponds exactly with its respective weight in silver. A silver note with a face value of 10 rupees is equivalent to 10 grams of silver. Due to the growing demand for this product, traders already offer silver notes with a nominal value of 50, 500 or even 1,000 rupees.

    Silver notes are seen as a great gift option and have become hugely popular with India’s younger generation. This innovation confirms Indians’ openness to new products aside from traditional coins and bars.

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  7. Fuck congress, NO NO NO

    Fuck all the people that keep voting them in.

    ..developing..

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  8. highrise, and all the rest of our comrades


    this in part will answer some of your venting and questions

    gary null might be the smartest man on this planet--sure, he doesnt have every single aspect covered of all known elements, but in an all around debate on a myriad of subjects, I'll back him in the ring ....

    great 2 hours of info ... Celente comes on as a guest for part of show and hits a 440' rope to deep center. you will want to share this.


    http://www.progressiveradionetwork.com/progressive-commentary-hour/2011/7/12/progressive-commentary-hour-071111.html

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  9. It will all end in a cloud of gun-smoke.

    The great thing about Americans in general is that they have guns (lots of them) AND they know how to use them. The US Gov. doesn't have a clue what is coming down the pipe when Mom and Pop America can't afford to put food on the table cause their 'Fiat' money is Worth-Less (inflation).

    Look up a 100 trillion dollar Zimbabwean note on Ebay ... they are going for 1.75 British pounds - whatever that's worth. Bernanke is gunna have to start printing WAY larger bills.

    When Hyperinflation hits, the Whitehouse and DC will make Syntagma Square look like a mother Phucking JOKE.

    Get your popcorn and your TEAR GAS MASKS ready folks.

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  10. Meanwhile technically that LULU thing has short written all over its body from Full_STOCH / RSI / DMI / MFI.

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  12. "JFK" talks about today's silver manipulation (old bears voice)

    http://www.roadtoroota.com/public/642.cfm?awt_l=9b4FA&awt_m=3WgaaMQvB3AZ85B

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  13. Or is it the new "bears" voice? Oh well, still good to watch

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  14. @highrise408: it is called a police state formed by the military/industrial complex. Very sad, I know. No individual or even a small group of people can fight them because of the money it would take. Exactly as they planned.

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  15. KING OTCT....Zimbabwe did have one of the worst Hyperinflations in history. The interesting thing about their economy during their hyperinflation was that they still had somewhat of a decent one.

    The reason for this is they had the US DOLLAR in the black market. When they got paid in hyperinflated trillion dollar zimbabwe notes, they went to the black market and immediately turned them in for US Dollars. They were then able to by goods and services for this backup currency.

    When the Dollar dies a hyperinflationary death, we will have nothing to fall back on. this we be just a complete disaster and disintegration of our JUST IN TIME SUPPLY CHAIN SYSTEM that moves goods to market.

    The $1-$1.5 Trillion dollar commercial paper market that greases the supply chain will evaporate, thus collapsing our economy virtually overnight. We must remember, all the big chains, stores and warehouses need a stable currency to trust each others payment. Settlement of trade by way of the US Dollar happens very quickly today in this high tech financial system.

    When we have hyperinflation, this system will just collapse and there will be no RESET BUTTON to get it going again.

    Very few realize the severity of this problem.

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  16. There will always be a medium of exchange, the question becomes what will it be?

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  17. Led
    What happened to your 1,2,3,4 post listing your trades?

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  18. Just listening to bloomberg radio - Jon Nadler on - recommends 'Sell the gold buy the share' What a fuckwit.

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  19. Haven't been filled yet. The prices I gave were where I am going to get in. Haven't checked if they got filled yet this morning or not.

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  20. @Rui said... Meanwhile technically that LULU thing has short written all over its body from Full_STOCH / RSI / DMI / MFI.

    multicollinearity
    http://stockcharts.com/school/doku.php?id=chart_school:trading_strategies:multicollinearity

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  21. Highrise and Led- you may be interested in this:

    http://pogoprinciple.wordpress.com/2011/07/10/how-to-kill-the-fascist-state-in-one-easy-lesson/

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  22. SRS:

    how long do you think chaos would reign once it fails?

    Many expect Mad Max -which would certainly occur in spots- but don't you think the majority of people will trade/barter/make do for the few months it takes the world to re organize a bit?

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  23. Not sure. Thats why I'm ready. Everything lined up, like insurance incase SHTF. Enjoy.

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  24. JoJo....it's hard to predict what will happen in a Default-hyperinflation. In Weimar Republic of Germany during their hyperinfation, they still had gold and silver to fall back on as it was money.

    As I said in my prior post, in Zimbabwe they fell back on the US Dollar. In the past when all fiat currencies died, they all fell back on Gold and Silver.

    After the Revolutionary War was over, anyone who was holding Contentials got 1% of their value by 1791.

    When the Civil War ended, those holding GREEN BACKS found the same fate. But...we must remember...we always went back to gold and silver...as they were money.

    Today...I can't even begin to think of what the ramifications and outcomes will be when the Dollar dies.

    My gut tells me it will happen rather quickly when it does...and it will be far worse than anyone realizes.

    Do not forget...our large Supply Chain System will not reset when the Dollar Dies. When it breaks, it will be like Humpty Dumpty.

    I see a lot of dead people and a great deal of violence.

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  25. @SRS: "I see a lot of dead people and a great deal of violence". Me too. Sadly. Esp. the violence part. And esp. in large cities. Will be a dark period in U.S. history.

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  26. Here's a interesting map.
    131 - US States Renamed For Countries With Similar GDPs


    http://bigthink.com/ideas/21182

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