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Author Topic: Closer to economic collapse...and I hear crickets  (Read 962 times)
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tlg4freedom
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« on: September 20, 2007, 07:00:21 PM »

So,
- The dollar is at a 30 year low
- Gold at 27 year high
- 2 british pounds = 1 dollar
- 1.50 Euro = 1 dollar
- 1 Canadian = 1 dollar (not since 35 years)
- Mortgage bankruptcy getting worse
- Credit crunch putting banks and mortage companies out of business
- FED pumps 200+ billion into the economy
- FED cuts rate by .5% to quell market panic
- Saudi Arabia mulling changing reserves from dollars to Euros
- China threatening to diversify the 1 trillion plus in US bonds and Cash
- Inflation sky high
- Oil 82$ / barrel
- $8.9 Trillion debt...Congress will raise debt ceiling to 9.7 Trillion
- etc.

I'd like to hear the preemptive planning some of you on this board are taking. 
It's cool to debate about political theory and history but this is real.

Anyone?

or is this tin foil stuff?
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« Reply #1 on: September 20, 2007, 07:39:47 PM »

If you move this out of the realm of abstraction and into the realm of how this will impact out day  to day lives, then people might respond.


But to address some of these things more directly:

A weak dollar doesn't mean much to average people.  In fact, a weak dollar is a boon to domestic industry, what little of it there is.  A strong dollar doesn't necessarily mean good things.  It's a mixed bag.  A strong dollar means that there will be less of a market for domestically manufactured goods for export.  Why?  Because they will be MORE expensive once exported.  That is one reason why China is able to achieve the level of export dominance that they have, because they have an undervalued currency that increases demand for their domestic products. 

The downside to a weak dollar is that it can lead to inflation, and the fed certainly increases this possibility by printing more money, however, inflation is still relatively low.  However, IMO, inflation impacts rich investors more than average people because it lowers the returns on their long-term investments. In fact, it makes all investments worth LESS.  That is why the fed and other monetarist institutions care so much about it.  It hurts the investment climate far more than it does the day to day lives of people whose commodity prices increase.  The threat of hyper inflation, though real, is not very high.  You say that inflation is sky high, well, back that up because I don't see it happening right now.  In the future, more than likely, but not right now.   

As for Saudi and China changing reserves to Euros.  That is TALK, and diversification of currency is not an uncommon thing.  China will never fully convert to Euros because it would ensure an economic collapse of their entire system as well.  It is in the best interest of China to prop up the US economy so that it guarantees a market for Chinese goods.  That much is certain.  China will NEVER cut us off because we are the fuel for their double digit economic growth.  Cut us off, and their growth rate goes down to like 3%.

Oil at high prices is a fact of life.  The solution:  drive less, invest in oil and start conserving.  Those are all easy things to do.  Peak oil is here, and it will impact us in ways that we cannot fathom.  When gas is at 5$ a gallon, then we will really see society change.

The national debt is a boogey man.  It means nothing.  It could be easily wiped away with a tax increase on the upper 5% of incomes in this country.  It's that simple.  The debt is a result of tax policy that is regressive working in tandem with an out of control military industrial complex.  It is a political problem more than an actual economic problem.  Cut off the pentagon and fix taxation and you have a solution.

Finally, housing.  The housing market is going through a CORRECTION.  All of the money that could be made in it has been, and the people who made that money are high tailing it out of there.  Who's left holding the bag?  Average people who got suckered into the market.  It actually bodes well for those of us who want to buy a home in the next 10 years as inventory of houses is stagnant or slightly increasing while demand is falling rapidly.  Prices are collapsing and if you are credit worthy in 5 years, you can get in a great place for cheap.  It doesn't hurt renters that much either, even though there are more people trying to rent.  The demand is not high enough to significantly impact that market.


It isn't tin foil stuff, but it's alarmist to say the least.  The people who will be MOST impacted by this are the investment class, of whom the majority of us would love to see get destroyed.  ALl of the stuff you listed, the vast majority of it, it is a concern of the wealthy.  It's news because the wealthy want it to be news.  Do I think there will be a meltdown?  Yes, but I am in a position to weather it quite well.  I am in a profession that will always have demand.  I am closing my debt fairly quick (most of it will be gone in 3 years).  My college loans are LOCKED at 2.50% and my only major credit expense is my car, which will be paid off by next year. 

If you want to show us WHY we should be afraid of it, and not welcome it, then be my guest.  I am in the camp of welcoming it.  I want the ruling class to take a major hit and for people to be awakened from their lethargy by material necessity.  Bye-bye bourgeoisie...that would be a gift to humanity if the AMerican middle class was seriously damaged.  It would really change things and make people wake up.   
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« Reply #2 on: September 20, 2007, 07:50:26 PM »

But if the upper-class remains relatively untouched, won't the power structures remain the same? ie:bad
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« Reply #3 on: September 20, 2007, 07:53:09 PM »

So,
- The dollar is at a 30 year low
- Gold at 27 year high
- 2 british pounds = 1 dollar
- 1.50 Euro = 1 dollar
- 1 Canadian = 1 dollar (not since 35 years)
- Mortgage bankruptcy getting worse
- Credit crunch putting banks and mortage companies out of business
- FED pumps 200+ billion into the economy
- FED cuts rate by .5% to quell market panic
- Saudi Arabia mulling changing reserves from dollars to Euros
- China threatening to diversify the 1 trillion plus in US bonds and Cash
- Inflation sky high
- Oil 82$ / barrel
- $8.9 Trillion debt...Congress will raise debt ceiling to 9.7 Trillion
- etc.

I'd like to hear the preemptive planning some of you on this board are taking. 
It's cool to debate about political theory and history but this is real.

Anyone?

or is this tin foil stuff?


- 2.03 US dollars = 1 POUND
- 1 US dollar = 0.71 euro
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« Reply #4 on: September 20, 2007, 08:01:36 PM »

Go Europe!
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tlg4freedom
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« Reply #5 on: September 20, 2007, 08:19:30 PM »

- 2.03 US dollars = 1 POUND
- 1 US dollar = 0.71 euro
my bad, thanks for the correction
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« Reply #6 on: September 20, 2007, 08:40:27 PM »

I am speechless...

I don't know about you but down here inflation is kicking our ass.  example:(last year milk was 3.50, now it's 4.25, OJ 3.80, now 4.99)

The super rich, believe me have already taken precationary measures to protect their assets.  Yes the average millianaire and upper middle class is fucked. IRA's and 401k's will be wiped, along with their slush accounts.

OK, now you have the middle and lower class... but wait, if companies start going out of business now you have the middle class joining the lower.

Your opinion as to what China and other dollar reserve holders will do, remains to be seen.

The national debt is a boogeyman??? How can you say that?
When you or I are unable to pay back a debt we get put in collections.  And the creditors come knocking..

"Cut off the pentagon and fix taxation and you have a solution."
You go right ahead and pay 60% of your wages to the IRS, I'll keep mine thank you. 

I totally disagree with you on the housing bubble.  We'll see soon enough..so no need to debate further.

That's good you have taken action, but i'm afraid too many people are oblivious as to whats happening.  So this will take them by surprise and lead to chaos.
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« Reply #7 on: September 20, 2007, 08:43:17 PM »

Go Europe!

Shout out to Somoa!

I grew up with a guy from there.  Last name Tuliosega.
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« Reply #8 on: September 20, 2007, 09:25:24 PM »

Ta tlg.... just trying to represent for all da tagata pasifika (Pacific people). Alot of people don't really know we exist.
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« Reply #9 on: September 20, 2007, 11:14:40 PM »

Alarmism is something that I don't feel is totally appropriate in this particular instance.  A total collapse just isn't going to happen.  There are far too many safeguards and controls for that to happen.  The situation in the late 1970s was far worse than it is now, and there still wasn't a total collapse of the economy.  Concern?  Yes.  Should people wait on buying a house?  Yes. Does that mean that this crisis is going to crush a lot of people?  Yes.  Is it going to impact tens of millions of people?  No.

 

I don't know about you but down here inflation is kicking our ass.  example:(last year milk was 3.50, now it's 4.25, OJ 3.80, now 4.99)

Anecdotal.  Let's see some actual data.  As for OJ.  The price of OJ is dependent on many things, weather being one.  Last year in California, which is the largest producer of fruit of all kinds had a major frost.  This impacted OJ prices for this year significantly.  Milk is similar.  Basic commodities like that are impacted by things beyond just inflation. 

Quote
The super rich, believe me have already taken precationary measures to protect their assets.  Yes the average millianaire and upper middle class is fucked. IRA's and 401k's will be wiped, along with their slush accounts.

The average rich person will be HURT by all of this, not wiped out.  I still fail to see ANY evidence that 401ks are at risk or even the vast majority of mutual funds, unless they were heavily invested in sub-prime backed securities, which I doubt most mutual funds were.  Slush accounts are wholly expendable.  Again, hurting rich people, not destroying them.

Quote
OK, now you have the middle and lower class... but wait, if companies start going out of business now you have the middle class joining the lower.

What companies are going out of business that aren't tied to housing?  Again, alarmism that doesn't necessarily fit the facts surrounding this particular problem.  What other sectors is this "credit crunch" hurting other than financial services and housing related industries?  That's two important parts of the economy, but not something as giant as retail.

Quote
Your opinion as to what China and other dollar reserve holders will do, remains to be seen.

Actually, it is being seen as we speak.  They have yet to significantly do anything other than TALK about diversifying their currencies, again, which isn't an uncommon thing.  It matters as to what % they are diversifying.  Still, you have no response for my theory, which is strongly supported by the fact that China has yet to liquidate any substantial amount of dollars.

Quote
The national debt is a boogeyman??? How can you say that?
When you or I are unable to pay back a debt we get put in collections.  And the creditors come knocking..

I can say it because I don't see how it is a problem?  We were going to have a massive budget SURPLUS if the Bush tax cuts hadn't been implemented.  If you doubt this, I can cite you some stuff to support it.  You and I are not the most powerful economic engine in the history of humanity.  The creditors have no incentive to make the US pay what it owes because it will slow consumption.  The creditors have no incentive to make the US pay because that might create a global financial panic.  The US economy is so important that we have UNLIMITED CREDIT because we consume so much.  Make us pay and you make the global financial system collapse.  But, we could pay it, quite easily, if we simply increased taxation on the richest 5% of the population. 

Quote
"Cut off the pentagon and fix taxation and you have a solution."
You go right ahead and pay 60% of your wages to the IRS, I'll keep mine thank you.

What the hell are you talking about?  That doesn't even make sense.  It makes sense if you don't pay taxes right now, but I doubt that.  Are you a war tax resister?  If we increased taxation on the richest 5% and made the corporate tax rate 30%, then we would have no debt and the tax burden on the lower 95% could be lowered significantly, all the while INCREASING the revenue generated.  It's called PROGRESSIVE TAXATION.  Your comment shows that you don't understand how taxation works.  No one pays 60% of their income in taxes.  The highest tax bracket is 35%.  I am in the 25% tax bracket. The debt is something that right wingers point to but don't really understand.  No one will make us pay it, and if we just had a just and fair taxation system, we could wipe the debt out completely in less than 10 years.

Quote
I totally disagree with you on the housing bubble.  We'll see soon enough..so no need to debate further.

Were you around during the early 1990s?  That's what we are moving back towards.  It's called a recession, and it impacted housing significantly as rates were roughly twice what they are now.  Also, I would like to know what you disagree with.  Just saying it doesn't make for any discussion without an explanation.



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« Reply #10 on: September 21, 2007, 08:36:39 PM »

Quote
Alarmism is something that I don't feel is totally appropriate in this particular instance.  A total collapse just isn't going to happen.  There are far too many safeguards and controls for that to happen.  The situation in the late 1970s was far worse than it is now, and there still wasn't a total collapse of the economy.  Concern?  Yes.  Should people wait on buying a house?  Yes. Does that mean that this crisis is going to crush a lot of people?  Yes.  Is it going to impact tens of millions of people?  No.

Anecdotal.  Let's see some actual data.  As for OJ.  The price of OJ is dependent on many things, weather being one.  Last year in California, which is the largest producer of fruit of all kinds had a major frost.  This impacted OJ prices for this year significantly.  Milk is similar.  Basic commodities like that are impacted by things beyond just inflation. 

Here's some data..can you find where shit went wrong???

Buying power compared to 1980 USD
Year   Equivalent buying power   Year   Equivalent buying power   Year   Equivalent buying power   
1774 $0.09                             1850 $0.09                              1930 $0.20
1780 $0.16                             1860 $0.10                              1940 $0.17
1790 $0.11                             1870 $0.15                              1950 $0.29
1800 $0.15                             1880 $0.12                              1960 $0.36
1810 $0.14                             1890 $0.11                              1970 $0.47
1820 $0.14                             1900 $0.10                              1980 $1.00
1830 $0.11                             1910 $0.11                              1990 $1.59
1840 $0.10                             1920 $0.24 <<                         2000 $2.09
                                                                                        2006 $2.45


Quote
What companies are going out of business that aren't tied to housing?  Again, alarmism that doesn't necessarily fit the facts surrounding this particular problem.  What other sectors is this "credit crunch" hurting other than financial services and housing related industries?  That's two important parts of the economy, but not something as giant as retail.
What's going on here is adding fuel to the economic/monetary fire...
You speak as if this is no big deal, and we'll weather the storm.  Our fiat money system is breaking down..has been ever since 1930s.
Bernie Sanders breaks it down.  and the people are awakening..
http://www.youtube.com/watch?v=S5wfNnV6vTU
You should be a politician GOS.  You rationalize things well but fail to see that these things are all interconnected.

Quote
Actually, it is being seen as we speak.  They have yet to significantly do anything other than TALK about diversifying their currencies, again, which isn't an uncommon thing.  It matters as to what % they are diversifying.  Still, you have no response for my theory, which is strongly supported by the fact that China has yet to liquidate any substantial amount of dollars.
China and Europe in my opinion could give a shit what happens to the US.  They see what's happening..and China will milk whatevers left out of the American teet and move on...as they have for centuries.

Quote
I can say it because I don't see how it is a problem?  We were going to have a massive budget SURPLUS if the Bush tax cuts hadn't been implemented.  If you doubt this, I can cite you some stuff to support it.  You and I are not the most powerful economic engine in the history of humanity.  The creditors have no incentive to make the US pay what it owes because it will slow consumption.  The creditors have no incentive to make the US pay because that might create a global financial panic.  The US economy is so important that we have UNLIMITED CREDIT because we consume so much.  Make us pay and you make the global financial system collapse.  But, we could pay it, quite easily, if we simply increased taxation on the richest 5% of the population. 

What the hell are you talking about?  That doesn't even make sense.  It makes sense if you don't pay taxes right now, but I doubt that.  Are you a war tax resister?  If we increased taxation on the richest 5% and made the corporate tax rate 30%, then we would have no debt and the tax burden on the lower 95% could be lowered significantly, all the while INCREASING the revenue generated.  It's called PROGRESSIVE TAXATION.  Your comment shows that you don't understand how taxation works.  No one pays 60% of their income in taxes.  The highest tax bracket is 35%.  I am in the 25% tax bracket. The debt is something that right wingers point to but don't really understand.  No one will make us pay it, and if we just had a just and fair taxation system, we could wipe the debt out completely in less than 10 years.
What i'm talking about is that's BS.  Show me the numbers on your national debt repayment plan. LMAO
Good luck...

Quote
Were you around during the early 1990s?  That's what we are moving back towards.  It's called a recession, and it impacted housing significantly as rates were roughly twice what they are now.  Also, I would like to know what you disagree with.  Just saying it doesn't make for any discussion without an explanation.
My disagreement..the housing "correction" will be much worse than you think.






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« Reply #11 on: September 21, 2007, 08:43:43 PM »

Anyone else care to comment?   
Just want to hear what others are thinking on this subject matter.
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« Reply #12 on: September 21, 2007, 09:20:40 PM »

I still fail to see how a weak dollar impacts the domestic market as much as you are alluding to.  Unemployment, which is a better indicator of things than the strength or weakness of the dollar, or even inflation, is relatively low.  It is low in spite of the housing collapse.   

Mind you, I think the economy is a miserable failure and it always has been.  Globally speaking it is an utter disaster (global unemployment is at roughly 30%), but what monetarism has to do with this isn't as clear as you make it out to be. 

Your first chart proves what?  It proves that people like Allan Greenspan have been guiding the economy in a particular direction (weak dollar).  The dollar may be weak, but that is not INFLATION.  The weak dollar is proof of the globalization of American corporations if anything, as they sent their products to other countries to be manufactured so that they could be bought at lower prices in the US. 

Here is something that speaks more directly to your incorrect assertions:

http://www.econedlink.org/lessons/index.cfm?lesson=EM222

Quote
Figure 3 shows annual rates of inflation from the 1970s to now. Compared to the rates of inflation in the 1970s and much of the 1980s, the current rate of inflation is low. Few observers would describe the most recent rates as high and they are not when compared to those of the past thirty years.



So, you would be wrong when it comes to inflation.

Quote
What's going on here is adding fuel to the economic/monetary fire...
You speak as if this is no big deal, and we'll weather the storm.  Our fiat money system is breaking down..has been ever since 1930s.

I fail to see how it is adding fuel to the fire?  Show me evidence that it is having a dramatic impact in other sectors of the economy, as you claim.  If it is the edge of a wave of total economic collapse, as you assert, then where is the evidence that the majority of sectors of the economy are being dramatically impacted by the current state of the market?  That's a simple request that you should be able to provide ample evidence for.  Is a particular sector of the economy in trouble? Yes.  But it is very similar to the dot.com bomb of the late 1990s and early 2000s.  Many people were saying that the .com bomb was going to destroy vast swathes of the economy, but look at the market, it went up and has almost DOUBLED in value since 1997.

Quote
You should be a politician GOS.  You rationalize things well but fail to see that these things are all interconnected.

That's truly a joke.  I understand how interconnected it is, far better than you do because I understand that it is far bigger than the Fed, which you claim is the core of the problem.  The core of the problem is capitalism, which despite its massive state management, has failed to provide for the general welfare of humanity.  You have nothing to say on capitalism.  You have nothing to say on the cure to capitalism, which is democratization of work and the economy.  You go on and on about monetarism etc. but you don't say shit about workers controlling their own labor and the need for the elimination of the parasitic classes at the top of the economic order.

Quote
China and Europe in my opinion could give a shit what happens to the US.  They see what's happening..and China will milk whatevers left out of the American teet and move on...as they have for centuries.

This is laughable.  So instead of actually providing evidence, you just brush off my very valid points off as if they are meaningless.  China gives a huge shit about what happens in the US.  Who else will buy Chinese goods if we collapse?  WHO?  They have an export based economy, which displaced domestic US production.  Why would they eliminate the customer who buys the VAST MAJORITY of ALL of its products?  Seriously.  Give some evidence to that effect other than your opinion, because your opinion is at odds with the facts on the ground.  You claimed that China is going to dump its dollars.  Well, when did that happen?  Talk is one thing, action is another.  We are Europe's largest economic partner.  It would NEVER cut us off, lest it wants to destroy its own economies.  As for China screwing over the US.  Man, you don't know anything about history if you think China has been screwing us at any point.  It's always been the other way around, always.

Quote
What i'm talking about is that's BS.  Show me the numbers on your national debt repayment plan. LMAO
Good luck...

Yeah, it's BS because you don't have any response to the very real plan that I put forward there.  How is raising revenue through the taxation of the wealthy BS?  If you want to pay down the debt, which is a boogeyman IMO, then you need to raise taxation on particular groups, namely those that can afford it.  You don't have a response to that do you?  Also, if we reduced military spending to half of what it is now, we would have an extra 250-400 billion dollars a year in funds which could easily be used to eliminate the debt.  In fact, the debt would stop if that were to happen.  In 2000, the last year of Bill Clinton (of whom I am not a fan mind you), the US had 200 billion in SURPLUS MONEY.  That was without any cuts to the military industrial complex.  THat alone could have been used to pay off the debt quite quickly, within 15 years.  But you act like that wasn't a reality at one point in this country.

Quote
out an explanation.
My disagreement..the housing "correction" will be much worse than you think.

Oh, it will be bad.  It will be like it was in the early 1990s, when we were in a recession.  Is that a collapse?  Nope.  What do you think is going to happen, since we are speculating?
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« Reply #13 on: October 25, 2007, 07:19:57 PM »

Hey, it's been a month so let's see how things are going.

- The dollar is at a 30 year low
Continues to plummet
http://stockcharts.com/h-sc/ui?s=$usd

- Gold at 27 year high
Continues record highs
http://stockcharts.com/h-sc/ui?s=$GOLD&p=D&yr=0&mn=6&dy=0&id=p91390929942

- Oil 82$ / barrel
Now at $90

China and Japan start shifting from the dollar to other currencies or gold.
http://english.pravda.ru/business/finance/18-10-2007/99059-japan_china_dollars%20-0

We'll revisit next month
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« Reply #14 on: October 25, 2007, 07:41:51 PM »

The core of the problem is capitalism, which despite its massive state management, has failed to provide for the general welfare of humanity.
Word. Also capitalism has fucked up a fair proportion of humanity, in the so-called first and third world, putting them in an economically marginal situation: where they are dependent on the capitalist model... but have no real access to it.
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« Reply #15 on: November 06, 2007, 10:04:31 PM »

November Economic update:

- The dollar plummets further...notice the difference since September
http://stockcharts.com/h-sc/ui?s=$usd
- Gold at $833 ...same here
http://stockcharts.com/h-sc/ui?s=$GOLD&p=D&yr=0&mn=6&dy=0&id=p91390929942
- Oil is at $97
http://www.marketoracle.co.uk/Article2619.html

stay tuned...

BTW:
Countrywide has a $1.2 billion third-quarter loss
Merrill Lynch's shocking $8.4 billion loss
Citigroup's write-off -- estimated at $8 billion to $11 billion
Washington Mutual recorded a third quarter $967 million in loan-loss provisions and $421 million in net charge-offs
Bank of America and Morgan Stanely to report soon....

This ain't no chump change.
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« Reply #16 on: November 07, 2007, 01:48:20 PM »

China:
Cheng Siwei, vice chairman of the Standing Committee of the National People's Congress, was quoted by wire services as saying that China should shift more of its $1.43 trillion of currency reserves into "stronger currencies," such as the euro, to offset "weak" currencies like the dollar.
He also said that a rapid appreciation of the yuan -- as Washington and increasingly Europe are requesting -- is not necessarily the right move, though Cheng insisted the country wasn't actively seeking a major trade surplus.
Cheng "has in the past made errant remarks that have no bearing on policy," according to Marc Chandler, currency strategist at Brown Brothers Harriman.
Nonetheless, the reports sent the dollar into a tailspin.
The buck plunged to new lows against the euro, with the shared currency surging as high as $1.4730.
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« Reply #17 on: November 07, 2007, 01:54:54 PM »

Oh no, I hear my car alarm going off....




































No, it was just some
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"Who Owns America?" R.I.P- George Carlin

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« Reply #18 on: November 07, 2007, 02:05:08 PM »

Spam...
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They done fucked this shit up then give it to the Black people, “Here you take it. Take my mess.”   
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« Reply #19 on: November 07, 2007, 02:15:41 PM »

Cut me a little slack...I am just having a little fun to avoid pulling my hair out over this economy.   
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"Who Owns America?" R.I.P- George Carlin

"I am like the whole library in Kemet with Annunaki genetics, NIGGA--go LOOK that up; figure it out...INVASION!" -Tech

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Mobile-friendly version Immortal Technique Biography

Born Felipe Andres Coronel on the 19th of February 1978, hip-hop artist Immortal Technique is a controversial figure in the U.S. His songs speak of the need for social justice and equality among all races, with special emphasis on the people of color or Latin Americans, but they also cover topics such as the fight against unfair imprisonments or militarism and many others.

His biography is hence quite intriguing, to say the least, and, just like the best anti aging cream is probably going to be lingering over the shelves of all cosmetic stores for many years to come, Immortal Technique’s songs are going to remain hot, fresh and sought after for a really long time. Due to the fact they speak about topics which are to be considered taboos, his lyrics continue to be listened to with the exterior shutters down in most homes.

Immortal technique was born in Peru, in El Hospital Militar de Lima; several years later, his family moved to America in order to escape the harsh living conditions in Peru. Even though they could not afford to buy any terrain a vendre there, they managed to move to Harlem in the ‘80s. Immortal Technique went to Hunter High School, but just like a hip replacement recall is never of good omen, his grades and behavior weren’t any good during high school either. He was the school bully, he harassed other students and he was not afraid to get involved in scandals with drug dealers from around the area. And while his interactions with these drug dealers were not as numerous as used cars in Phoenix are, they still managed to leave an ugly mark on his biography.

Plus, his graffiti did not actually resemble any Dreamweaver templates, but he was famous for his controversial acts of vandalism. His violence against others almost got him expelled in 1996, but he somehow managed to finish high school and even attend college at Pennsylvania State University. This time, his college experience only lasted for two years; he was then charged and convicted and he was eventually imprisoned in Pennsylvania.

In prison, just like a SEO San Antonio company would focus on booting a web site’s ranking, Immortal Technique also focused on boosting his own social ranking. He began studying the policy of religious history, and, finding the inspiration he needed, he began putting his thoughts in lyrics. In 1999 he was paroled and, even though he was first considered some sort of Agen Bola, as no one had heard of him at first, he began to attend freestyle battles he started winning.

From there on, his career started to bloom, as he gave birth to albums such as “Revolutionary Vol 1” in 2002, “Revolutionary Vol 2” in 2004 and “Revolutionary Vol 3” in 2008. He also became a political activist and started to sing about political injustice (check out his opinion on the imprisonment of Mumia Abu-Jamal or the songs on George W. Bush). Despite of the fact that his albums might not have gotten the type of positive reviews African mango reviews are usually comprised of, this has not stopped him from getting involved in future projects, including an important film collaboration. He might not approve the work of the CNA Financial Corporation, but we all need to eat, right?




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Many travel locations and hotels don't offer water softeners either, which is a problem. If they read some water softener reviews there'd probably be more hotels offering this amenity. Although many hotels and resorts do offer indoor fountains which help provide a nice source of relaxation. You can even find hotels and resorts that offer temporary office space for meetings or conferences. Regardless of where you may be traveling this summer pay attention to the passive income opportunities around you. You never know when you may come across an opportunity to earn passive income online to help alleviate your travel expenses. Heck, you may even end up selling WOW gold online and make a fortune. If you are dead stuck on money during your trip, just take a look for the local pay day loans location. While it may hurt in the long term they are helpful for getting cash in your pocket and keeping the trip alive.
Recently I've been in the market for used cars. Which I'm sure many of you know how long that process can take. Having to go from dealer to dealer and look at one car after another. What a painstaking process! Its a good thing I don't have to take a personality test after the whole process. I'm sure I'd have some pretty skewed results. After finally settling down and buying a new Audi A4, I found out I had a bigger problem on my hands. Where am I gonna park the car during winter? I decided I had to contact a local contractor and get remodeling estimates to redo our garage which had been having problems with leaks all last winter. After getting some rather expensive estimates back from contractors our family finally decided to move to a different area of New York, we took a look at jamestown ny homes which was recommended by a close friend of mine. Have you ever just had that feeling after looking at a town? You just knew it was the one. Well thankfully we had a lot of wonderful homes to look at that were priced perfectly. We eventually decided to go with a home with a nice garage for the new car, a gym witih a full pull up bar, and best of all my wife could stop taking her proactol and finally begin to use our at home gym!

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The History and Growth of Rap Music

If you are a music enthusiast, then it is very likely that you have come across a genre of music called rap music. Rap music is area that has very clear distinguishing features most notably the rapid and rhythmic chanting of the lyrics perfectly timed to the beat and musical accompaniment that forms the base of the song. Rap music traces its roots to the development of the hiphop subculture which predominantly carries four complementary musical styles namely: rapping, dancing and in particular break dancing, scratching or more popularity known as DJing, and graffiti writing which others dub as vandalism. Another sub-element of this genre is beat-boxing which also features heavily in the repertoire of many rap artists. If you thought this was an easy musical genre to characterize, then you were poorly informed: consider, many research papers and doctoral dissertations have been written on the subject of rap music and its accompanying stylistic elements.

The history of rap music, or hip-hop music, is composed of a series of rapid development phases that have all culminated in the popular rap versions of today. Before rap music took off in the 1990s, it was predominantly referred to as disco rap in the late 1970s. The three rappers who had a hand in coining the term “rap music” were DJ Hollywood, Lovebug Starski, and Keith Cowboy, the last one being officially credited with the term hip-hop. Rap music original began with improvisations and freestyle singing to add an element of unpredictability to the songs in parties and other gatherings. Even in the 1960s to 1970s, the initial elements of rap music where already sown in urban subcultures particularly in New York City where adhoc performances in the streets led to a coalescing of influences in the wake of the Civil Rights era. Like the iPhone 5 release date, it had a slow and steady rise building into an explosion of creativity and style that has made it into what it has become today.

At this very early stage of rap development, it was particularly tied to emcee-ing more than it was associated to any specific song. It predominantly tied songs together as an adlib in between. It was born out of the creative inputs of DJs who had to work with self-imposed musical constraints such as the 4/4 time beat and sampling or sequencing sections of other songs to create a smooth flow of uninterrupted musical stimuli. These were eventually married with electronic equipment such as drums and synthesizers, and ultimate melodies to give it that bite and identity. In a sense, rap music artists were basically like a video game designer who had to figure out each artistic component at every turn until it developed into a more coherent musical genre that became the rap music we know today.

The first recorded version of rap music came alive in the early 1980s when DJs decided to make records out of their freestyle MCing. This necessitated the documentation of song lyrics so they do not change during each and every rendition. The age of the stromanbieter for rap music was gone paving the way for more organized chaos. Still, the freestyle and improvisation element remained a part of many DJ interludes as the song goes through certain sections that did not require too much rap singing.

Likewise, as a consequence of the hip-hop records, the influence of rap began to spread faster than ever before. Artists no longer had to travel far to get their music heard. Now, records from New York City and Philadelphia can be reproduced and transported to cities like Los Angeles, New Orleans, Dallas, Baltimore, Washington, D.C., and Seattle among others for people to appreciate and enjoy. This was primarily the reason for rap music’s rapid growth. Like Christmas mini lights, cities formed the nodes through which rap music would spread to other parts of the country. From small beginnings to grand achievements, the birth certificate translation to true stardom took a matter of years for rap music to be realized. Since then, its take-off and rise has been meteoric.

In this regard, it is almost impossible to talk about rap music but not discuss the golden age of rap. This was the era from the late 1980s to the mid 1990s when rap grew at an astounding rate fueled by the creative contributions of many artists from all over the continental United States and in many parts of the world. The primary trait of the Golden Age or Rap was that it was an almost unbroken wave of transformative music with every single pushing the boundaries of the genre. From this age and in the succeeding Gansta Rap age came names like Run-D.M.C., Dr. Dre, Ice T, MC Hammer, The Wu-tang Clan, Snoop Dogg, and The Notorious B.I.G. among others. The list of names can virtually fill a Sharepoint Hive without any problems.

According to social studies published in 2005, teenagers and children are more familiar with hip-hop and rap music more than any other musical genre. Up to 65% of all children from ages 8 to 18 hear hip-hop music on a daily basis, making it their routinary keratin hair treatment session, almost to the point that it has become an intrinsic part of their lives. With the diversification of the genre to include the more stylish R&B or rhythm and blues, it is not difficult to explain how rap music has continued to pervade radio station, TV and movie song line-ups. The marriage of rap and jazz which paved the way for R&B is itself a phenomenon that warrants all sorts of social analysis.

And with its very strong following, it is safe to say that rap music is here to stay. Years from now, when you open your TV on a bright Saturday morning, there’s a big chance you would be watching the next stage in the evolution of rap music, and there’s an even better chance you would be dancing or singing to that tune.

Immortal Technique Rapper Biography

Immortal technique is the stage name for which rapper Felipe Andres Coronel is popularly known. His lyrics characterized by its unique mixture of socialist commentary of social class hierarchy, religion, wealth, poverty to contemporary issues touching on governmental and institutional racism. Perhaps you may have come across information about this popular icon as you undertake research for that mba online, or for whatever course you are undertaking, be it bachelors in criminal justice, performing arts degree, governance systems, online nurse practitioner programs, history, or any other course for which you have to do online research.

The rapper was born on the 19th day of February 1978 in Lima, Peru. During the internal conflicts that took place in their country at the time, his parents migrated to Harlem, New York. Probably, in the process of migration to the country, they may have used boats at least once in the journey. Like many American teenagers, the rapper was engaged in various acts against the law that led to his arrest several times, which in one his public interviews admitted that they were selfish and at best childish acts. After completing his incarceration terms, he took up a political science course in a bid to mend his seemingly torn life, while living with his father.

After completing his studies, he was not lucky enough to secure a job in his field of study owing to the unemployment situation prevailing in the entire United States. Like many American fresh graduates who take up it jobs, nursing jobs, waiter and nursing jobs among many other common jobs that may not necessarily need a specialist, he took up a working in a restaurant to earn a buck from which he could live on.

Through his deep interest in championing for equality between the elite and the under privileged in society, and being not a Mesothelioma Lawyer, the rapper begun his music career basing his lyrics on such issues as injustice, exploitation and mistreatment of the poor. This is captured clearly in his desire to keep control over his production, since he strongly believes that in the music industry, the producers normally make a large profit while the artist for who credit belongs, normally end ups earning peanut amounts at the end of the day.

His popular sediments are captured in his albums that include the revolutionary, both volume one and two, and the 3rd world and the middle passage album. the rapper is increasingly involved in prison visits and working with migrant rights activists, though which he speaks to youths and the unprivileged in the society trazer amor de volta. His investments are largely in farmland in Latin America, which like soweto properties is an unpopular investment option for many celebrity figures. His advice to the youth is not much on taking up an aacsb online mba or an online criminal justice degree, but rather it is based on exploiting ones talents and living soberly within the law.

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