0
 

home
news
wu-tang clan
bio's
media
store
blogs
forum
contact

Go Back   Wu-Tang Corp. - Official Site of the Wu-Tang Clan > The Elements > Know The Ledge

Reply
 
Thread Tools Display Modes
Old 09-29-2008, 10:00 AM   #1
NoSaidDate420
ADEPT
 
NoSaidDate420's Avatar
 
Join Date: Jan 2008
Age: 31
Posts: 580
Rep Power: 0
NoSaidDate420 iron monkeyNoSaidDate420 iron monkeyNoSaidDate420 iron monkey
Default financial "bailout plan" - will it lead to martial law?

i wanna know what heads up in here think about this shady deal. i got a gut feeling bad things are to come in this country.
it seems clear as day to me this situation is being used to threaten the american people into giving up even more of their rights. economic terrorism.
thoughts?
__________________
"We Agreed To Send One To Swim From Lost To Found."
NoSaidDate420 is offline   Reply With Quote
Old 09-29-2008, 10:20 AM   #2
LORD NOSE
The Smell of The Future
 
LORD NOSE's Avatar
 
Join Date: Dec 2003
Location: Double Barreled Snot Gun
Age: 1
Posts: 14,643
Blog Entries: 4
Rep Power: 70
LORD NOSE Iron Lungs (Fists of Legend)LORD NOSE Iron Lungs (Fists of Legend)LORD NOSE Iron Lungs (Fists of Legend)LORD NOSE Iron Lungs (Fists of Legend)LORD NOSE Iron Lungs (Fists of Legend)LORD NOSE Iron Lungs (Fists of Legend)LORD NOSE Iron Lungs (Fists of Legend)LORD NOSE Iron Lungs (Fists of Legend)LORD NOSE Iron Lungs (Fists of Legend)LORD NOSE Iron Lungs (Fists of Legend)LORD NOSE Iron Lungs (Fists of Legend)
Default

Quote:
Originally Posted by NoSaidDate420 View Post
i wanna know what heads up in here think about this shady deal. i got a gut feeling bad things are to come in this country.
it seems clear as day to me this situation is being used to threaten the american people into giving up even more of their rights. economic terrorism.
thoughts?
the president is not going to give up his seat

yes martial law is right around the corner

and i mean right around the corner
__________________
LORD NOSE is offline   Reply With Quote
Old 09-29-2008, 06:40 PM   #3
diggy
The ABBOTT
 
Join Date: Mar 2004
Location: O-Block
Posts: 10,876
Blog Entries: 4
Rep Power: 50
diggy Iron Lungs (Fists of Legend)diggy Iron Lungs (Fists of Legend)diggy Iron Lungs (Fists of Legend)diggy Iron Lungs (Fists of Legend)diggy Iron Lungs (Fists of Legend)diggy Iron Lungs (Fists of Legend)diggy Iron Lungs (Fists of Legend)diggy Iron Lungs (Fists of Legend)diggy Iron Lungs (Fists of Legend)diggy Iron Lungs (Fists of Legend)diggy Iron Lungs (Fists of Legend)
Default

Stealing American citizen's money to save banks - is that not authoritarianism or dictatorship?
__________________







Quote:
Believe it or not, lobster and crabs are crustaceans and are a part of the arthropod family, which include caterpillars, cockroaches, and spiders!
diggy is offline   Reply With Quote
Old 09-29-2008, 10:47 PM   #4
whitey
Wu Vatican
 
Join Date: Oct 2003
Location: ny
Age: 29
Posts: 8,373
Rep Power: 36
whitey Iron Lungs (Fists of Legend)whitey Iron Lungs (Fists of Legend)whitey Iron Lungs (Fists of Legend)whitey Iron Lungs (Fists of Legend)whitey Iron Lungs (Fists of Legend)whitey Iron Lungs (Fists of Legend)whitey Iron Lungs (Fists of Legend)whitey Iron Lungs (Fists of Legend)whitey Iron Lungs (Fists of Legend)whitey Iron Lungs (Fists of Legend)whitey Iron Lungs (Fists of Legend)
Default

well predicted.
__________________
The earth is a very small stage in a vast cosmic arena. Think of the rivers of blood spilled by all those generals and emperors so that in glory and in triumph they could become the momentary masters of a fraction of a dot.

People are too stupid to effectively conspire to do anything, but not too stupid to come up with conspiracy theories.
whitey is offline   Reply With Quote
Old 09-30-2008, 04:34 AM   #5
Visionz
The People's Champ
 
Visionz's Avatar
 
Join Date: Sep 2005
Age: 35
Posts: 13,656
Rep Power: 49
Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)
Send a message via AIM to Visionz
Default

that bill didn't pass but the whole thing stinks. The thing that makes no sense is the amount of the proposed bail-out package. 700 Billion????? What's that break down to when you divide it by the 250 million inside the US on a per capita basis? There's no way that they lended out more than a couple BILLION per PERSON in the entire US that they can't recover now. there's no way the math behind it can make any sense
__________________

Support the Real. Click HERE
Visionz is offline   Reply With Quote
Old 09-30-2008, 07:33 AM   #6
Longbongcilvaringz
.
 
Longbongcilvaringz's Avatar
 
Join Date: Dec 2004
Posts: 23,510
Rep Power: 98
Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)
Default

Its fucking stealing diggy.

America needs to acknowledge that it needs to have some degree of socialism.

Great prediction btw sunny.

[pb]
__________________





Longbongcilvaringz is offline   Reply With Quote
Old 09-30-2008, 07:36 AM   #7
Longbongcilvaringz
.
 
Longbongcilvaringz's Avatar
 
Join Date: Dec 2004
Posts: 23,510
Rep Power: 98
Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)
Default

And Bad Debts total over $2 Trillion.

So $700 Billion is big, but not as huge as people might think.

Well it is huge, but you know what i mean.
__________________





Longbongcilvaringz is offline   Reply With Quote
Old 09-30-2008, 10:41 AM   #8
Visionz
The People's Champ
 
Visionz's Avatar
 
Join Date: Sep 2005
Age: 35
Posts: 13,656
Rep Power: 49
Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)
Send a message via AIM to Visionz
Default

2 Trillion??!!?? but how? seriously, on a per capita basis I just don't see how you can amass two trillion in debt solely on bad mortage loans
__________________

Support the Real. Click HERE
Visionz is offline   Reply With Quote
Old 09-30-2008, 11:02 AM   #9
TSA
BIG OPINION, BIGGER LOAD

www.majeofficial.com

 
TSA's Avatar
 
Join Date: Jun 2005
Age: 26
Posts: 34,025
Rep Power: 118
TSA Iron Lungs (Fists of Legend)TSA Iron Lungs (Fists of Legend)TSA Iron Lungs (Fists of Legend)TSA Iron Lungs (Fists of Legend)TSA Iron Lungs (Fists of Legend)TSA Iron Lungs (Fists of Legend)TSA Iron Lungs (Fists of Legend)TSA Iron Lungs (Fists of Legend)TSA Iron Lungs (Fists of Legend)TSA Iron Lungs (Fists of Legend)TSA Iron Lungs (Fists of Legend)
Default

THAT many mortages loans i guess.

at one point they were cranking out houses like a canned bean factory cause the figured out if they make the same house 500 times in a new suburb ppl are down to buy it.

that were the problem came, way too many houses while ppl were loosing jobs.
when a company creates a supply it will almost always try to create an equal or greater demand and therefore nobody was overlooking the history of these ppl taking the loans. The demand for all these mass produced homes was high but the money wasn't there, and almost everyone with stable finance had already had a home so it left a bunch of ppl that couldn't and shouldn't have a loan wanted them cause they were the last frontier


when asked for the skrilla everything got familiar causing the problem, on top of that the banks were using the credit of this bad unreviewed loans as money

now theres entire unpopulated suburbs and shit, ghost towns that never had anyone living in them.

we'll recover cause shit happens, it's capitalism, but we going to need a lot of government spending, probably a lot of deficit spending that's gonna make our debt worst
__________________
TSA is offline   Reply With Quote
Old 09-30-2008, 11:39 AM   #10
Visionz
The People's Champ
 
Visionz's Avatar
 
Join Date: Sep 2005
Age: 35
Posts: 13,656
Rep Power: 49
Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)Visionz Iron Lungs (Fists of Legend)
Send a message via AIM to Visionz
Default

still though

2,000,000,000,000
_______________
250,000,000 = no fucking way, you'd have to have everyone in america bailing out on mortages for 18 bedroom mansions fit with their own bowling alley and imax movie theatres


home ownership in this country isn't at a 100% and not everyone is defaulting on their mortage, in short something stinks
__________________

Support the Real. Click HERE

Last edited by Visionz; 09-30-2008 at 11:42 AM.
Visionz is offline   Reply With Quote
Old 09-30-2008, 11:57 AM   #11
Longbongcilvaringz
.
 
Longbongcilvaringz's Avatar
 
Join Date: Dec 2004
Posts: 23,510
Rep Power: 98
Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)
Default

um, These bad debts and worthless bonds are not soley personal loans.

As far as i know.

The problem is deeper than that.
__________________





Longbongcilvaringz is offline   Reply With Quote
Old 09-30-2008, 12:06 PM   #12
Longbongcilvaringz
.
 
Longbongcilvaringz's Avatar
 
Join Date: Dec 2004
Posts: 23,510
Rep Power: 98
Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)Longbongcilvaringz Iron Lungs (Fists of Legend)
Default

Heres my opinion on the Sub Prime crisis though.

- People essentially should be responsible for their own financial situation, they should take full responsibility for investment decisions they choose to make. They should plan for many circumstances and outcomes resulting from this investment.

- Now, that being said, the problem here is that it's incredibly difficult to do the above when a professional is telling you that said investment is viable.

- Additionally, in my opinion, banks finding themselves in financial trouble and the effects which this had on people with home loans is probably unforeseeable in the calculation of the viability of a loan.

- In this regard, yes, people borrowing money are somewhat at fault, and ultimately, they agreed to terms which may (and did) force them to make payments which they could not afford to. However, it was the risky and poor decisions of banks which caused the problems which effected individuals with mortgages.


In conclusion, from my uneducated perspective, these events were pretty well unpredictable, and the result of financial mismanagement on the part of banks, and thusly, the suffering that people with personal loans have endured, is pretty rough.

[pb]
__________________





Longbongcilvaringz is offline   Reply With Quote
Old 09-30-2008, 02:12 PM   #13
diggy
The ABBOTT
 
Join Date: Mar 2004
Location: O-Block
Posts: 10,876
Blog Entries: 4
Rep Power: 50
diggy Iron Lungs (Fists of Legend)diggy Iron Lungs (Fists of Legend)diggy Iron Lungs (Fists of Legend)diggy Iron Lungs (Fists of Legend)diggy Iron Lungs (Fists of Legend)diggy Iron Lungs (Fists of Legend)diggy Iron Lungs (Fists of Legend)diggy Iron Lungs (Fists of Legend)diggy Iron Lungs (Fists of Legend)diggy Iron Lungs (Fists of Legend)diggy Iron Lungs (Fists of Legend)
Default

Quote:
Originally Posted by Visions Unseen View Post
2 Trillion??!!?? but how? seriously, on a per capita basis I just don't see how you can amass two trillion in debt solely on bad mortage loans
I think some or most of that debt is from the wars bush has started. I heard that money from the Iraq war was borrowed from China.
__________________







Quote:
Believe it or not, lobster and crabs are crustaceans and are a part of the arthropod family, which include caterpillars, cockroaches, and spiders!
diggy is offline   Reply With Quote
Old 09-30-2008, 02:17 PM   #14
TSA
BIG OPINION, BIGGER LOAD

www.majeofficial.com

 
TSA's Avatar
 
Join Date: Jun 2005
Age: 26
Posts: 34,025
Rep Power: 118
TSA Iron Lungs (Fists of Legend)TSA Iron Lungs (Fists of Legend)TSA Iron Lungs (Fists of Legend)TSA Iron Lungs (Fists of Legend)TSA Iron Lungs (Fists of Legend)TSA Iron Lungs (Fists of Legend)TSA Iron Lungs (Fists of Legend)TSA Iron Lungs (Fists of Legend)TSA Iron Lungs (Fists of Legend)TSA Iron Lungs (Fists of Legend)TSA Iron Lungs (Fists of Legend)
Default

borrowing money is how we make money since WWII

i think the problem is the size of companies, they need to find a way to make more mid sized businesses the norm, a middle class of businesses so that the actions of a few will be less able to destroy the financial world
__________________
TSA is offline   Reply With Quote
Old 09-30-2008, 04:38 PM   #15
HANZO
Hanovallah
 
HANZO's Avatar
 
Join Date: Jul 2005
Location: London
Age: 26
Posts: 9,492
Rep Power: 44
HANZO Iron Lungs (Fists of Legend)HANZO Iron Lungs (Fists of Legend)HANZO Iron Lungs (Fists of Legend)HANZO Iron Lungs (Fists of Legend)HANZO Iron Lungs (Fists of Legend)HANZO Iron Lungs (Fists of Legend)HANZO Iron Lungs (Fists of Legend)HANZO Iron Lungs (Fists of Legend)HANZO Iron Lungs (Fists of Legend)HANZO Iron Lungs (Fists of Legend)HANZO Iron Lungs (Fists of Legend)
Default

if the government give the banks $700billion they jus gonna lose it again, and we will be back at square 1.

they first need to investigate why the banks are failing, and hold the board members of these companies responsible. the CEO of Lehmann Bros was 'earning' 22million a year. he obviously wasnt doing shit, the company went down the drain.

now in europe Belgiums largest bank has been nationalised, another major bank Fortis has been partly nationalised by 3 governments. a bank in england has been nationalised. a major French bank is going down the same road.

If the second bill on thursday is rejected the stocks will probably lose $2trillion.
__________________
HANZO is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 02:44 AM.


Copyright 2000 - 2013 The Wu-Tang Corp. & shift-one