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#1 |
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Administrator
Join Date: 08.03.2005
Posts: 3,143
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In this year's US presidential election, truth is in short supply. Both the Democrats and the Republicans have become more unabashed in their lies than ever before. With a mainstream media weakened by the appearance of partisan bias and editorial staffs that have been ravaged during the crisis, many of the whoppers won't be second-guessed.
http://www.spiegel.de/international/...853925,00.html |
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#2 |
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Experienced User
Join Date: 11.01.2006
Posts: 1,640
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Didn't the German government lie along with other EU governments that there was no bailout clause in the eurozone when the euro was introduced 13 years ago.
Now that was one of the biggest lies ever told but Europeans seem to have forgotten that one now. We are now on what the 2nd or 3rd bailout for Greece. Ireland received how many bailouts? Spain?
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http://www.americanism.ws/new/forum/index.php |
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#3 |
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Join Date: 05.09.2012
Posts: 1
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A global crisis, what's next?
My letter is about the next stage of the current crisis. Now about my forecast accuracy - as I chose a job in Scotland in 2005, I have been thinking about this crisis; I knew, that it is unexpected and that it lasts until 2020. Nouriel Roubini predicted the twelve stages of current crisis, I predicted the first eight stages - how it will start and develop in USA and UK, but I didn't predict that it covers the whole world and in 2005 I knew that 2020 China will be the largest economy in the world. A dollar crash is inevitable, as now is going the four processes, which can not be stopped: 1. The ever worsening economic situation in the world, because has been not eliminated a main reason for this crisis - the financial black holes - tax havens, which sucked from world economy 21-32 trillions $. 2. The decreasing dollar market share. 3. The protectionism, the regulation of investment, prohibition to sell the most important companies and more and all these measures have been taken to guard against the dollar... 4. The global system of the tax havens is becoming every year bigger and stronger and more influential, it is practically impossible to reform it now, as show the tax havens history. A only way to reform the global financial system and central part of it - tax havens is crash, a only question is when? Now, about the financial system and globalization. The crisis in 2008 showed that the world has become a gigantic financial superpower in which all countries are financially bonded together, and crisis in one big country is a crisis almost everywhere in the world. Such fact has approved the current crisis in the euro area. The money in this system is something similar to water: a small country or its currency market is like a very small body of water, and if you add a lot of water and if it is isolated, the water level rises abruptly, similarly it is with the money - if a small country prints a big number money, hyperinflation occurs, an example - Zimbabwe, a big country is like a great pond and you need a lot more water to launch a level rise, as well as lot more money to rise the inflation and if there is leak – the water flows away. Something similar happened with the convertible currencies. UK 1973 and in the years Margaret Thatcher as prime minister and USA 1983 Ronald Reagan as president, with help of the representatives the largest business began the reforms taking away limits amount of credit issued by the banks and taking away limits for capital flow abroad and helped create a global network of tax havens, soon followed by the main other developed countries and globalization began. The world is like a large lake, which requires a lot of water in order to launch its level to a rise, similarly the finance require a lot of money to launch a rise in level, but unlike water, for every human being the income and the amount of money in his account is very different. The peculiarity of this crisis is, that in the developed countries the money have been allocated very unevenly. During 30 years of globalization for 90% of the population real incomes increased slightly or remained the same and the illusion of the better life was created by the credits and mortgages, that triggered real estate bubble. The only winners from globalization were 10% of population and a real winner was 1% of population. And now about what scares me, it's not the eurozone crisis, permanent eurozone crisis is very useful for one country - Germany, a low euro rate promotes its exports, a unemployment is reduced to a record level and enables Germany to reform EU in the way they want and because of the euro collapse its interests would be seriously undermined and the crisis is easy to complete, by release the required amount of eurobonds or simply printing electronic money, as are doing the UK and the USA and not a single eurozone country's elite, even Greece don't want to leave euro, because new national currency will be significantly devalued and who want lose their money or receive lower wage and this crisis is creating United States of Europa, a economic system, where Spain is like California with the big problems and Greece like Montana. |
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#4 |
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Join Date: 12.09.2012
Posts: 1
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Herr Gregor Peter Schmitz,
"Obama's campaign, for example, has broadcast ads falsely claiming that Romney wants to ban abortion, even in cases in which a woman has been impregnated during rape or when pregnancy puts the woman's life at risk." This statement about a "false claim" on the part of the Obama campaign is demonstrably wrong. I beg the readers indulgence, but I wouldn't want to be accused of quoting out of context. Following is a link to an appearance Romney made on the show "Huckabee" on the 01/11/2011: http://www.youtube.com/watch?v=gkrOt9Qposg: At approximately 5:24 into the interview: Huckabee "Would you have supported a Constitutional Amendment that would have established the definition of life at conception" Romney "Absolutely" This refers to the so-called "Personhood Amendment" which has been introduced in a number of States and has been rejected. It would ban all forms of abortion under any circumstances. This makes absolutely no exceptions with regard to abortion, furthermore it would - if put into law - ban many forms of contraception including the female contraception pill. Thus not only is the characterisation of the Obama ad as a lie incorrect, what Romney in the interview agreed to actually goes far beyond the banning of abortion in the case of rape, incest and health of the mother. It can also be clearly seen, in context, that Romney could not have misspoken or misunderstood what Huckabee was asking. From the following: http://thomas.loc.gov/cgi-bin/query/z?c112:H.R.212 01/07/2011: which refers to the House of Representatives Bill 212IH, which was cosponsored by the Republican vice-presidential nominee Paul Ryan, and seeks to codify into law the concept of Personhood at fertilisation, it is also clear that the Obama ad did not lie. On a personal note, I am not a member of or affiliated with the Democratic Party, any Obama re-election organisation, any pro-choice organisation or anyone running for any election past or present in any State of the United States. The opinion stated above is entirely my own and I have attempted to present freely and publicly available evidence - not the opinions of others - to support my view. |
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