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All Forum Posts by: Account Closed

Account Closed has started 30 posts and replied 510 times.

Post: How STUPID Can They Be?

Account ClosedPosted
  • Los Angeles, CA
  • Posts 557
  • Votes 70

Great post -
I no longer pay finance charges to CCD companies. I pay full balance at the end of each month, earn points, then travel for free. I take great joy in working these companies in any way I can. It helps my credit score nicely, too.

Post: Is Anyone Minding the Store at the Federal Reserve?

Account ClosedPosted
  • Los Angeles, CA
  • Posts 557
  • Votes 70

Apparently not the Federal Reserve Inspector General. She doesn't seem to know who is responsible for investigating as well.

http://www.youtube.com/watch?v=PXlxBeAvsB8

Post: "I expect to see civil unrest in the U.S." 02/25/09

Account ClosedPosted
  • Los Angeles, CA
  • Posts 557
  • Votes 70

I just saw a similar clip by a guy named Gerald Celente from trendwatcher: I am not as familiar with him as I am Rogers. Celente states, full on revolution in 2012 fueled by a tax revolt and food riots. He said 2009 would be the official collapse led by commercial real estate, and that we'd see the seeds of the revolt and food riots in the US this year

I like Jim Rogers. He says the farmers are going to be one's driving the Lamborghini's in the future. Everything he says makes sense to me. Roger's moved to Singapore so his daughters would not have to grow up in the U.S. That feels sad to type. But that's his story and he's sticking to it.

Post: Peter Schiff Addresses End the Fed Rally in New York

Account ClosedPosted
  • Los Angeles, CA
  • Posts 557
  • Votes 70

I am impressed with this video clip: Decent rowdy crowd, and Peter Schiff speaking.

I love his statement of how Wall Street was drunk and the Fed supplied the alcohol.

http://news.goldseek.com/EuroCapital/1240807495.php

.

Post: Who's Attending a Tea Party Today?

Account ClosedPosted
  • Los Angeles, CA
  • Posts 557
  • Votes 70
Originally posted by Michael Culler:
I am thinking of a move before hyperinflation gets the next depression going.

Perhaps the UK or China would be a good choice? As a visitor of course...


Learning Mandarin is probably a good idea in general these days.

On a semi related note, I was pretty impressed when I came across 'end the fed' yesterday. The rallies in Nov. 2008 actually got a little news. Apr 25 2009 is the next one: Held at all major fed branches. I like the clip of Ron Paul at the Texas rally

http://endthefed.us/

Post: Who's Attending a Tea Party Today?

Account ClosedPosted
  • Los Angeles, CA
  • Posts 557
  • Votes 70
Originally posted by MikeOH:
We've gotten rid of the Federal Reserve twice in our history and we could certainly do it again. Once the country collapses, everything will be on the table. Income taxes are also something we could do without (although I agree that it will be difficult getting rid of them). We didn't have income taxes until 1862 in this country.

Mike


It actually feels like there's hope for this. It's refreshing to see the occasional mainstream media article questioning the Fed's role/power lately. If we get to a point where the price of gold and silver is mentioned every hour in every mainstream media outlet (bye bye dollar) then we just may lose the fed again. Yay!

Post: Why do YOU Visit BiggerPockets.com?

Account ClosedPosted
  • Los Angeles, CA
  • Posts 557
  • Votes 70

I visit to learn and to give back. Right now my ratio of learn/give back is still pretty high. But I will give back more as I continue to take it to the street.

Post: Housing Bubble II - One possible future.

Account ClosedPosted
  • Los Angeles, CA
  • Posts 557
  • Votes 70

I was just reading a Peter Schiff interview. He stated food and energy costs will inflate a lot first, and fast, before real estate and stocks inflate. Maybe that can help gauge timing a little.

Post: An interesting read from the Ludwig von Mises institute of the Austrian school of economics.

Account ClosedPosted
  • Los Angeles, CA
  • Posts 557
  • Votes 70

Lee you're obviously a conspiracy theorist.
Central banking is good. Free market theory does not apply to fiat money and the the right to issue currency. A socialist central banking authority/cartel is in place for our own best interest, and to keep the economy stable. We need them. They are the angels of society. They rise above free market theory. Bernanke and Geithner, all those in central banking, are here for YOU. They are not in this for their own self interest. Now please stop posting this nonsense :)

Post: Feds cracking down on loan mod companies

Account ClosedPosted
  • Los Angeles, CA
  • Posts 557
  • Votes 70
Originally posted by Jon Holdman:
Apparently, Treasury Secretary Tim Geithner agrees: "These predatory scams callously rob Americans of their savings and potentially their homes".


Now that's ironic.