VOA is no more than a 'black propaganda' brodcasting agency...
 

VOA is no more than a 'black propaganda' broadcasting agency...

The US government is now so deeply in debt that it will probably have to
cease VOA / IBB / BBG broadcasting operations sometime in the near future.

The total US debt is ~200 Trillion, or about 700k USD per person.

The US economy is based on paper promises for flows of money that may or may
not exist. Without foreign investors buying US federal and state bonds ...
most governmental functions would collapse, and that is just one example.

The only good a total collapse of the US economy will do will be to make the
economy become based on the production of actual goods -- not chasing after
imaginary money flows.

As a non-US listener to radio-voice-of-america, I was
interested, in the 'top journalists discussion' [called
issues in the news], how they only discussed:
- the crash,
- the panic,
- how/why measures to stop the panic are failing.

No one mentioned the good reasons FOR the panic.

Pain is an evolved defence mechanism which warns
of an underlying cause. Similarly there are good
reasons for 'the panic', and the longer the opinion
leaders avoid exposing the mistakes which are partly
unravelling now, the greater the long term damage.

Just one little example of the type of behaviour
which has recently, apparently become common and
NEEDS to be punished by pain, for learning, is the
reported case of a dolly, who despite, or perhaps
because, she works in the bank, was able to keep
extending her credit until her monthly repayments
exceeded her total net income.

The apparently common recent, policy of
granting 100% mortgage on house purchases,
is absurd and was unheard of pre 70's.

VOA is no more than a 'black propaganda' brodcasting agency...
 

Comcast Newsgroups service will cease on 10/25/2008 wrote:

The total US debt is ~200 Trillion, or about 700k USD per person.

The US economy is based on paper promises for flows of money that may or
may not exist. Without foreign investors buying US federal and state
bonds ... most governmental functions would collapse, and that is just
one example.

The only good a total collapse of the US economy will do will be to make
the economy become based on the production of actual goods...

Well then, that's not a very good prognosis, is it?

"Production of actual goods", you say?

We don't produce no stinkin' goods anymore.

(Can you say "China"? Sure you can).

VOA is no more than a 'black propaganda' brodcasting agency...
 

We don't produce no stinkin' goods anymore.

(Can you say "China"? Sure you can).

So sell them some pigs and soybeans, fool. Brazil does it.

Hudley Pearse

VOA is no more than a 'black propaganda' brodcasting agency...
 

On Oct 13, 10:05*am, "Comcast Newsgroups service will cease on
10/25/2008" wrote:
VOA is no more than a 'black propaganda' broadcasting agency...

A very boring one.

Hudley Pearse

VOA is no more than a 'black propaganda' brodcasting agency...
 

We don't produce no stinkin' goods anymore.

(Can you say "China"? Sure you can).

wrote:

So sell them some pigs and soybeans, fool. Brazil does it.

Hudley Pearse

Methinks the only 'fool' here is -you-.

With your weak reading comprehension skills, you seem to have missed
that the point was -not- to sell them a few agricultural products.

Rather, the point -was- that virtually all of our manufacturing base has
been decimated and shipped overseas, a sad fact which really *won't*
"make the economy become based on the production of actual goods" as the
OP stated. Get it now, fool?

However, I do understand that the Chinese have a great need for melamine
-- maybe we could sell that to them.

VOA is no more than a 'black propaganda' brodcasting agency...
 

On Oct 14, 8:38*pm, Billy Burpelson wrote:
We don't produce no stinkin' goods anymore.

(Can you say "China"? Sure you can).
wrote:
So sell them some pigs and soybeans, fool. *Brazil does it.

Hudley Pearse

Methinks the only 'fool' here is -you-.

With your weak reading comprehension skills, you seem to have missed
that the point was -not- to sell them a few agricultural products.

Surely you realize that agriculture is one of the leading industries
in America? Maybe THE leading one, now? Of course, Bushy did his
best to destroy the major export terminal, New Orleans, but (as usual)
he didn't completely succeed.

America still can export corn, hogs, soybeans, cattle:primary
products, just like any 3rd world country. Some Reps will even get
their wish to be 3rd world oligarchs! But most won't.

Look at Brazil or Phillipines to see your future, Bush-worshipper!

Hudley Pearse

VOA is no more than a 'black propaganda' brodcasting agency...
 

VOA is no more than a 'black propaganda' brodcasting agency...