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Tractor Talk Discussion Board

Re: O/T, scrap prices plenty good here, start haulin'


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Posted by j hikemper on January 25, 2011 at 06:49:38 from (98.115.140.14):

In Reply to: Re: O/T, scrap prices plenty good here, start haulin' posted by mkirsch on January 24, 2011 at 13:20:49:

THERE IS A BIG DIFFERENCE This TIME ,,, THe banks and l!beral goverment have foolishly Whored out to China . and now Our finances are sick.. Go to YOU Tube ,, type in "Burning down the house" , The collapse of AmericasBanking industry ..very factual timeline that goes back60 yrs or ,so ....starting in 1993 Banking regulations dramatically changed which effectively eroded the security of these banks by cantalevering Savings out to bad risk folx that could not afford to PAY ATTENTION .. In effect WE ATE OUR SEED CORN.. this debt was sold to Chinese and other forieghn investors to shore up savings and recoup losses ,, But Be DAMTif the bankx lended more again and so forth .. The crazy 15 yr bloated housing expansion was a ploy to PACIFY and convert American workers, who were orphaned by factory shutdowns or moved over seas ,into the Home Building industry . The Sheepl seemed to be prospering .. WHILE the banks Funneled MORE $$,$$$,$$$,$$$,$$$. into the inferno building boom , and sold the debt to china AND OTHERS !, and the sheeple were happy FOR A WHILE ..BUT . NOW the Chinese hungrily await the next crop of interest ..AND WE BETTER PRODUCE IT because they own the debt !!!


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