OT, FEMA Funds Spent on Divorce, Sex Change

quandry · Post by **quandry** » Wed Jun 14, 2006 10:51 pm

stinky wrote:
That already happened. It was the 1990s boom and 2000 market crash.
Sorry, that's nowhere near as bad is what's going to happen. The $ has never been so low. The housing market is going to burst shortly. Greenspan's out. US deficit is the largest it's been in history. You can't compare what happened with the dot-com bubble burst to the '29 crash.... that was just the economy trying to figure out a way to deal with the new markets (the internet created)... this doesn't have anything to do with one section of the economy.. No way... that was a fart-bubble in the wind compared to what's just around the corner. It's kinda like the earthquake that's due to hit SF.. we're overdue.. like am over-ripe baby, you can smell the stench throughout the house... it's time change the diapers...

are you nostradmus or something?

eyeknow · Post by **eyeknow** » Wed Jun 14, 2006 10:54 pm

yessir

and the fox news/talk radio jab could have easily said CNN and MICHAEL MOORE docs........same thing......they all get you "riled" up and angry.........

stinky · Post by **stinky** » Thu Jun 15, 2006 12:01 am

are you nostradmus or something?

not at all, but i do happen to pay attention to worldwide events and trends, and you can just see it coming.. i'm not a bible beater, thinking armageddon is on the way.. i just *think* it's going to happen, as certain as any eventuality (especially since all things in life, nature, etc are cyclical).. i happen to *think* it's coming sooner than later, and i'm not throwing out my opinion here as fact... but, you can choose to ignore current events...

M. Bréqs · Post by **M. Bréqs** » Thu Jun 15, 2006 12:47 am

stinky wrote:
That already happened. It was the 1990s boom and 2000 market crash.
Sorry, that's nowhere near as bad is what's going to happen. The $ has never been so low. The housing market is going to burst shortly. Greenspan's out. US deficit is the largest it's been in history. You can't compare what happened with the dot-com bubble burst to the '29 crash.... that was just the economy trying to figure out a way to deal with the new markets (the internet created)... this doesn't have anything to do with one section of the economy.. No way... that was a fart-bubble in the wind compared to what's just around the corner. It's kinda like the earthquake that's due to hit SF.. we're overdue.. like am over-ripe baby, you can smell the stench throughout the house... it's time change the diapers...

It's funny, I think this sometimes too. The US economy is a house of cards. Built high, but ready to tip with the slightest push. The weak foundation is twofold:

1. Foreign debt
2. Lack of liquidity in the US economy

So, what's the US to do?

Well, I sometimes think that the high level of US defence spending is a direct answer to problem 1. What foreign country will be able to force the US to pay up? NONE! As long as the US maintains military supremacy, point 1 is not an issue. They can owe trillions to the Chinese and Europeans, but none of 'em will EVER collect.

The second problem is essentially that every US dollar is essentially a promisory note - it is the potential of a good / service. However, if dollars are not in circulation (because foreign countries, Americans and corporations are hoarding them) then there's the potential for a "run on the bank" so to speak. If everybody were to suddenly decide that they didn't want US dollars anymore and dumped them on the currency market, the US dollar would plummet even further. I think this has started already. The solution to this? Well, that one's a lot tougher.... I don't know.

Though I remember reading a novel that had "blue dollars" mentioned, which were held in a reserve somewhere to be released in an emergency - they would invalidate all the circulating greenbacks (and electronic versions thereof) and re-issue a new currency. I think it was a Tom Clancey or some similar thriller, it was a few years ago...

eyeknow · Post by **eyeknow** » Thu Jun 15, 2006 4:10 am

It's funny, I think this sometimes too. The US economy is a house of cards. Built high, but ready to tip with the slightest push. The weak foundation is twofold:

1. Foreign debt
2. Lack of liquidity in the US economy

could definatly be

So, what's the US to do?

Well, I sometimes think that the high level of US defence spending is a direct answer to problem 1. What foreign country will be able to force the US to pay up? NONE! As long as the US maintains military supremacy, point 1 is not an issue. They can owe trillions to the Chinese and Europeans, but none of 'em will EVER collect.

maybe, and I would add that we have been a huge huge target and that when we were militarily weak (like the end of the nixon era and through the carter era) we were percieved as weak and people came after us. So again to add to what you are saying, we have to defend ourselves.

The second problem is essentially that every US dollar is essentially a promisory note - it is the potential of a good / service. However, if dollars are not in circulation (because foreign countries, Americans and corporations are hoarding them) then there's the potential for a "run on the bank" so to speak. If everybody were to suddenly decide that they didn't want US dollars anymore and dumped them on the currency market, the US dollar would plummet even further. I think this has started already. The solution to this? Well, that one's a lot tougher.... I don't know.

agreed

blakejarrell · Post by **blakejarrell** » Thu Jun 15, 2006 7:27 am

i still have most of my fema money left. i could easily pay 2-3 months rent with it. im just keeping it in a savings account incase i get it asked back. btw i now live in chicago and am never moving back. i lived there for 21 years, and now im 22. the lost city of atlantis if you ask me

the problem is new orleans was always a shit hole to begin with. it thrived solely on its tourism industry alone. i know you all are saying well what about shipping and oil industry there? when i lived in new orleans i didnt know a single person who worked in either industry. very odd isnt it? i cant explain it either. its very dead end. very very very poor region. so it was no surprise to me that when people got a hold of 2-4000 dollars it was going to be spent irrationally. the schools there (public schools) are fucking horrendous. its more like survival than it is education. all you have to look forward to if you pass high school (mind you out of 1000 incoming seniors at my high school, only 300 graduated, and only 80 went to college! at one point more than 30% of the females were pregnant!!! simultaneously!!!) is to work as a bartender or server, or maybe just maybe con a bank into loaning you millions of dollars so you can own a small hotel in the french quarter.

you guys have to have some sort of compasion for these people. they just dont know any better. id like to blame it on the government, the schools, the corruption (Entergy, the power company there, charged me HUNDREDS of dollars more PER MONTH for electricity than ComEd does here in chicago) but its a combination of everything. when katrina happened all i could think of was the tool song "i wanna see it all go down, i wanna wash it all away".

my brothers house was under twelve feet of water. my neighborhood was under 6 feet. my mothers was under 3 feet. as much as we lost, i have to say were all the more better for it. i got to move to a great place full of oppourtunity, with good schools. my mom and brother have all new houses and cars (thanks god my mom is an insurance agent!!!). and we all have a new outlook on life.

guys dont take for granted the things you have.

and dont judge these people for the stupid mistakes theyve made, i know seriously from first hand experience, that they dont know any better, and it was probably the most amount of money any of them had at one time. it was sadly, equivalent to winning the lottery to most people.

DeadlyKungFu · Post by **DeadlyKungFu** » Thu Jun 15, 2006 7:52 am

blake - that's heavy.

From where I see it... The work force to get things running again will be slow to return. Corporations will be set up to rebuild, they'll hire whomever, likely people who are there to work, not necessarily live in N.O. It wasn't the affluent areas that flooded, like the gay neighborhoods on high ground (male and male dual income, God never saw that coming) that flooded. It was the people who support a tourist town, beer, food, music and hotels. A lot of whom have settled elsewhere.

Rebuild Iraq or The Big Easy?? Right...

Never been there, knew I should have been before something happened.

Best of luck wherever you end up.

blakejarrell · Post by **blakejarrell** » Thu Jun 15, 2006 8:00 am

DeadlyKungFu wrote:blake - that's heavy.

From where I see it... The work force to get things running again will be slow to return. Corporations will be set up to rebuild, they'll hire whomever, likely people who are there to work, not necessarily live in N.O. It wasn't the affluent areas that flooded, like the gay neighborhoods on high ground (male and male dual income, God never saw that coming) that flooded. It was the people who support a tourist town, beer, food, music and hotels. A lot of whom have settled elsewhere.

Rebuild Iraq or The Big Easy?? Right...

Never been there, knew I should have been before something happened.

Best of luck wherever you end up.

thanks for the concern

im doing just fine though. i can honestly say katrina was the best thing that ever happened to me.

subterFUSE · Post by **subterFUSE** » Thu Jun 15, 2006 1:42 pm

you guys have to have some sort of compasion for these people. they just dont know any better. id like to blame it on the government, the schools, the corruption (Entergy, the power company there, charged me HUNDREDS of dollars more PER MONTH for electricity than ComEd does here in chicago) but its a combination of everything. when katrina happened all i could think of was the tool song "i wanna see it all go down, i wanna wash it all away".

my brothers house was under twelve feet of water. my neighborhood was under 6 feet. my mothers was under 3 feet. as much as we lost, i have to say were all the more better for it. i got to move to a great place full of oppourtunity, with good schools. my mom and brother have all new houses and cars (thanks god my mom is an insurance agent!!!). and we all have a new outlook on life.

guys dont take for granted the things you have.

and dont judge these people for the stupid mistakes theyve made, i know seriously from first hand experience, that they dont know any better, and it was probably the most amount of money any of them had at one time. it was sadly, equivalent to winning the lottery to most people.

The real crime was that no one should have been allowed to live there in the first place.

I am 27 years old today. I remember in the 7th grade (that was in 1990) we watched a movie about New Orleans levee system, and what would happen if a hurricane hit. They showed computer drawings with x-sections of the city, showing it fill up with water like a cereal bowl. The scientists all saying, it's not a matter of if.... but when.

No person should have been allowed to live there. That's the real crime. Everyone knew, but no one did anything when there was plenty of time.

And I can't believe people are being permitted to rebuild there. They should tear down the levees, and allow the water to find it's natural equilibrium point. If there is any land above water after that, then maybe then can think about rebuilding there. But it's just foolish to try to fight a force as raw and powerful as water. It can't be done.... no matter how much technology, money, etc... you throw at it.

I'm not trying to sound mean... but I don't see how it is rational to put more people back into harms way by continuing to fight the water back.

subterFUSE · Post by **subterFUSE** » Thu Jun 15, 2006 1:49 pm

not at all, but i do happen to pay attention to worldwide events and trends, and you can just see it coming.. i'm not a bible beater, thinking armageddon is on the way.. i just *think* it's going to happen, as certain as any eventuality (especially since all things in life, nature, etc are cyclical).. i happen to *think* it's coming sooner than later, and i'm not throwing out my opinion here as fact... but, you can choose to ignore current events...

Well.... the truth of the matter is.... in this world, if you want to make predictions... then the way to make predictions which turn out to be correct most often is to be as pessimistic as possible.

So in that respect, you could be more right than you know.

As I think about it more, I will agree with you. At some point, we're going to stumble again. And it could be harder than ever. Records are made to be broken.

jeskola · Post by **jeskola** » Thu Jun 15, 2006 1:50 pm

adult erotica products in Houston and "Girls Gone Wild" videos in Santa Monica, Calif.

thelike5 · Post by **thelike5** » Thu Jun 15, 2006 2:46 pm

jeskola wrote:
adult erotica products in Houston and "Girls Gone Wild" videos in Santa Monica, Calif.

Yeah, this is great...

Bottles of Dom and Cristal and you don't have a pot to piss in. But you gots some new Jordans and Dom, maybe a new Ludacris cd to go with it.

But your kids you never see are going to a war zone of a school and probably straving. You could go one of two ways: Become a family man (yeah right) and spend the money the 'right' way or well, decide to become a woman and feel yourself up all of the time...

What's with us Americans anymore? Half of us are making decsions to end people's lives through war and the other half are more less killing themselves.

This is a total embarresment of a story but one that shouldn't surprise anyone.

How perfect is that photo of the guy holding up the Government issued mastercard debit card in his hands? That should be on the next Cash Money/ Lil Wayne record. Fucking hopeless.