Number of posts : 4229 Age : 71 Location : being Humor : my sides hurt ... Registration date : 2009-01-23
Subject: world economy collapse explained in 3 min Mon Aug 01, 2011 11:45 am
dedicated, with love, to my sis
Reunite Moderator
Number of posts : 4993 Age : 47 Location : Here Humor : Dry and Wet Registration date : 2009-01-23
Subject: Re: world economy collapse explained in 3 min Mon Aug 01, 2011 9:25 pm
Put's it into perspective doesn't it...lol
Now making major news......
US House of Representatives passes bill to avert debt default
WITH barely a day to act, a polarised US House of Representatives has approved a massive austerity plan to avert a debt default that could have wreaked havoc through the global economy.
After intense round-the-clock talks, the Republican-led House voted 269-161 on a package backed by President Barack Obama to raise the limit on the US debt and authorise at least $US2.1 trillion ($A1.9 trillion) in spending cuts over the next decade.
The Democratic-led Senate was to vote later, but the measure appeared to be less controversial there than in the House.
The government needs to raise the debt ceiling by 2pm tomorrow (AEST) or the world's largest economy will run out of cash to pay its bills.
Adding to the drama, Representative Gabrielle Giffords - who was seriously injured in a shooting rampage in Arizona on January 8 - returned to the House floor for the first time for the vote, setting off a standing ovation.
Number of posts : 5325 Age : 62 Location : canada Registration date : 2009-01-23
Subject: Re: world economy collapse explained in 3 min Tue Aug 02, 2011 5:22 am
One needs to watch for the attachments that go with this according to AJ. Council of 13 given more power. Reminds him of Hitler and his appointed ones. Closer to a dictatorship.
Warning this video contains more fearmongering.
Congress to decide whether Super Congress could impose gun control
Quote :
Gun owner registration … bans on semi-automatic firearms … adoption of a UN gun control treaty -- all of these issues could very well be decided over the next 24 hours.
Both houses of Congress will be voting on a debt ceiling bill that establishes a legislative committee with TREMENDOUS powers. Fox News is calling this committee a SUPER CONGRESS, because its legislative proposals (which could include gun control provisions) CANNOT be filibustered or amended in the Senate or House.
To understand what a huge deal this is, consider that House Speaker John Boehner is able to keep a mountain of gun control bills from coming to the floor of the House. That’s the power of the Speaker.
Canada has had gun control for years. It costs billions to implement and maintain.
skywatcher Senior Member
Number of posts : 1827 Age : 70 Location : UK Humor : yes lots Registration date : 2010-12-18
Subject: Re: world economy collapse explained in 3 min Tue Aug 02, 2011 5:40 am
It makes no difference whether it cost billions or not to maintain this Mic, cos all they do is tax the little guy still further to pay for it. THEY don't pay for it, YOU do.
Yet another way to keep the masses under control and fleece them more, whatever it takes.
Come back tomorrow and I bet this bill is passed.
micjer Senior Member
Number of posts : 5325 Age : 62 Location : canada Registration date : 2009-01-23
Subject: Re: world economy collapse explained in 3 min Tue Aug 02, 2011 5:48 am
Guaranteed it will pass/
The whole thing has been nothing but a staged show. Dramatic with the end result "SAVING" the country and the world from economic collapse, yet further enslaving the masses for generations to come. You cannot spend your way out of debt.
Hyperinflation or default only two choices. Guess they are greasing the wheels on the roller coaster!
micjer Senior Member
Number of posts : 5325 Age : 62 Location : canada Registration date : 2009-01-23
Subject: Re: world economy collapse explained in 3 min Tue Aug 02, 2011 5:53 am
micjer Senior Member
Number of posts : 5325 Age : 62 Location : canada Registration date : 2009-01-23
Subject: Re: world economy collapse explained in 3 min Tue Aug 02, 2011 6:02 am
When Canada's auditor general tabled her December 2002 report, she set her sights on Ottawa's controversial gun registry program.
Quote :
Sheila Fraser blasted the federal government, run by the LIberals at the time, for exceeding its estimated budget, saying that by the time the smoke cleared and all gun owners and their guns were registered, the program would have cost taxpayers more than $1 billion. Opposition critics were quick to point out that figure is 500 times more than the original $2-million estimate. A look at internal audits conducted by the Canadian Firearms Program suggests the cost of the program has been an issue from the beginning.
Yep doesn't matter to the government. The people are paying for it either way. Has not slowed down the number of murders and violent crimes, just a way of controlling the masses.
skywatcher Senior Member
Number of posts : 1827 Age : 70 Location : UK Humor : yes lots Registration date : 2010-12-18
Subject: Re: world economy collapse explained in 3 min Tue Aug 02, 2011 6:06 am
about this safe...
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Subject: Re: world economy collapse explained in 3 min