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    posted a message on Ultimate Random Chat Thread [URT] v4
    Kings of Leon, good stuff Nekrodrac and the commercial was hilarious

    I think I'll throw up a new music vid for the day, these guys have been around forever but I like this song.

    http://www.youtube.com/watch?v=q6IPyiAG6oI


    Posted in: Off-Topic
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    posted a message on Your own WTF of the day.
    How about a WTF decade. In July of 1997 I moved from Monterey California to Las Vegas to stay with a company. I thought I would like the place because it was fun to come here for trade shows in the past. Of course the trade shows are only on the Las Vegas strip so I had no reason to not like it. Two weeks after moving here I realize I hate this place, it's fücking desert. One day I'm enjoying the ocean, sea otters, and pelicans, the next I'm languishing in a sea [multiple expletives] of dirt, tarantulas, and scorpions. I figure it's a job, I'll move back in a year, one thing after another (I could fill pages) keeps me here, 13 years later I'm still here. The below is joke I've seen passed around a number of times but how accurate.

    :wallbash:

    Las Vegas Diary

    May 15th: Now this is a state that knows how to live! Beautiful sunny days and warm balmy evenings. Mountains and deserts blended together. What a place! Watched the sunset from a park lying on a blanket. It was beautiful. I've finally found my home. I love it here.

    June 14th: Really heating up. Got to 108 today. Not a problem. Live in an air-conditioned home, drive an air-conditioned car, work in an air-conditioned office. What a pleasure to see the sun every day like this. I'm turning into a real sun worshipper.

    June 30th: Had the backyard landscaped with western plants today. Lots of cactus and rocks. What a breeze to maintain. No more mowing for me. Another scorcher today, but I love it here.

    July 10th: The temperature hasn't been below 100 all week. How do people get used to this kind of heat? At least it's a dry heat. Getting used to it is taking longer than I expected.

    July 15th: Fell asleep by the pool. Got 3rd degree burns over 60% of my body. Missed two days of work; what a dumb thing to do. I learned my lesson though: got to respect the ol' sun in a climate like this.

    July 25th: Dry heat, my butt. Hot is hot! The home air-conditioner is on the fritz and the A/C repairman charged $250 just to drive by and tell me he needed to order parts.

    July 30th: Been sleeping outside by the pool for three nights now. $1,600 in damn house payments and we can't even go inside. Why did I ever come here?

    August 4th: 115 degrees! Finally got the air-conditioner fixed today. It cost $1,200 and gets the temperature down to about 90. I hate this [expletive deleted] state.

    August 8th: If another wise a** cracks, "Hot enough for you today?" I'm going to tear his [expletive deleted] throat out. Damn heat. By the time I get to work the radiator is boiling over, my clothes are soaking wet, and no deodorant works well enough!

    August 10th: The weather report might as well be a damn recording: Hot and Sunny. It's been too hot to sleep for two damn months and the weatherman says it might really warm up next week. Doesn't it ever rain in this barren damn desert? $1,700 worth of cactus just dried up and blew into the [expletive deleted] pool. Even a cactus can't live in this heat.

    August 14th: Welcome to Hell! Temperature got to 120 today. Forgot to crack the window and blew the [expletive deleted] windshield out of the BMW. The installer came to fix it and said, "Hot enough for you today?" My wife had to spend the $1,600 house payment to bail me out of jail.

    August 30th: Worst day of the damn summer. I'm not leaving the house. The [expletive deleted] monsoon rains finally came and all they did is to make it muggier than hell. The BMW is now floating somewhere in Mexico with its new $500 windshield. nobody told me about staying out of the washes during a "flash flood" warning. That does it. We're moving back to California and buying a house next to the freeway for some peace and quiet.
    Posted in: Off-Topic
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    posted a message on Politics
    Rousse those Wiki's are correct but they lack many details, the men who pull the strings count on the publics ignorance. Roughly 4 years ago I wanted to learn about investing so I started reading books and doing research to learn more, and I did but I also discovered some scary stuff I did not intend to learn. What I discovered was a huge crash was coming, and the savviest of the rich had positioned themselves for it and were counting on it. I learned the history of money and discovered how our real wealth was robbed from us. Along with a great many other things our government is doing, both parties, that is concerning.

    America is still the easiest place to become wealthy so I'm not down on this country, if you learn the trends and learn to ride those waves then opportunity here id wonderful. So it's not all doom and gloom, it is angering though on the level that the average person is going to get screwed in this because they didn't devote their time to these things, they chose to be a teacher, an accountant, etc. and for that they are penalized and that makes me mad. I would rather be just a system engineer and not think about stuff like this, but circumstances won't allow that if I want to make sure I retire with some dignity.

    Here is a short list of a few I've come across over the years, a mostly video bread crumb trail for any who want it, this will lead you to more. I'll say up front, I do not necessarily agree with every point in all of these, some truths though are obvious and easy to pick out. Overall though the message is the same. How can I say much of what I do with confidence? I had a few wake calls like at this convention put on by Robert Kiyosaki I attended in Los Angles in 2006, this video (which I didn't record) was made 2 years before the stock market crash.
    Robert Kiyosaki Dollar / Dow Jones going down big time. December 12, 2006
    Part 1 - http://www.youtube.com/watch?v=1BAHcR8sOeQ
    Part 2 - http://www.youtube.com/watch?v=QRUDLFUIXLg
    Where are we at in this crash? These charts are a good indicator
    http://www.businessinsider.com/henry-blodget-coming-soon-the-alt-a-mortgage-reset-bomb-2009-8
    This is what the FED doesn't want you know, BTW many of the views here come from the Austrian school of economics, I tend to agree with it. The one that people like Paul Krugman are embracing is from the Keynesian economics. I think the Keynesian's are in for a rude awakening.
    Money, Banking and the Federal Reserve - Ludwig von Mises Institute (41 Min)
    http://video.google.com/videoplay?docid=-466210540567002553
    Chris Martsenson's crash course on economics, probably the best 3 hours you can spend for the next 20 years of your life. It covers the 3 E's. Economy, Energy, and Environment
    http://www.chrismartenson.com/crashcourse
    The Federal Reserve - Zeitgeist, The Movie (2 Hrs)
    http://video.google.com/videoplay?docid=-594683847743189197
    How long ago did we know a crash was coming? We had a clue since the early 1930's thanks to Nikolai Kondratieff
    http://en.wikipedia.org/wiki/Kondratiev_wave

    There is quite a bit of info on Nikolai Kondratieff on google
    The history of the US dollar, how we got robbed, how this economic mess was destined to happen, and why change is unlikely with our current system -- Dr Lawrence Parks.
    http://montanasoundmoney.org/parksvideo.html
    A lot of good video's on gold and silver, yes I do believe it's going to be a good store of wealth, the hero's of Diablo may have been on to something collecting all that gold.
    http://goldsilver.com/videos/?ss=9eb36167f420ce71082e4ea0c0d80eaf
    A Resource Based Economy - Zeitgeist Addendum (2 Hrs) Possible Solution
    http://video.google.com/videoplay?docid=7065205277695921912
    http://video.google.com/videoplay?docid=7065205277695921912
    Posted in: General Discussion (non-Diablo)
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    posted a message on SC2 - No LAN support?
    Quote from "Equinox" »
    Incorrect. That's a good pro-piracy measure over there. Who the hell wants their game, or even computer, monitored all the freaking time? SP/LAN players will have 0 motivation to buy the game in this case. They need neither your bnet nor the latest patch, and they certainly don't need to be updated that often nor monitored.

    No it's good anti-piracy measure, it's just not a measure that makes customers happy, but then again taking out the LAN feature isn't either. Not many want it that way but welcome to the new world order a number of companies have implemented these measures and have increased their stringency on licensing. It completely hoses anyone who wants to pirate the software for resale purposes and makes it aggravating for people who want to get a free copy, especially as new expansion packs come out and updates, and there will be at lest a half dozen of updates, there always is.

    Quote from "Equinox" »
    Disk signature tracking? How many of those we had so far? 20?
    Blizzard doesn't support mods, to add. The requirement to update the game for a mod can be cracked.

    No there are quite a few software companies that have implemented these self-serving features with enterprise to desktop applications. (OK, granted the enterprise apps are far more expensive) Doesn't support mods? Sorry I meant expansion pack, to me it's a mod.

    Quote from "Equinox" »
    I will say this again. If you can't prevent piracy without fucking over your CUSTOMERS, don't do it at all, all it will do is piss customers off and have pirates laugh at you. Long ago, when I had some hopes for Blizzard, they said bnet is their anti-piracy measure. What happened to that?

    Yeah I got tired of bitching about that ten years ago and my headaches in this area have been worse than any gamers who doesn't work in a systems engineering postion. I have to deal with product activation and mass deployment over the network and still make sure all the pushed applications licenses get activated, Adobe software for years was a royal pain in the ass to deploy but they have gotten a lot better and easier. Your only safe haven left now is Linux and it's app base, hence why I use Linux a lot more these days.


    Quote from "Equinox" »
    That has been true for ages. But at least pirates will have LAN, official customers probably won't, since Blizzard will see the hacked in LAN and tell them they're bad people for buying their game. May I ask how will this be implemented?

    Do you think anyone will be able to sell a game they can't update or buy an expansion pack for? They'll have to lie to those they sell it to and in the end they person who paid for it will be pissed they can't. If your software has to do check in authentication for updates then piracy has been for the most part been successfully detered because a hacked copy won't be able to do that, it's really the only way to put a kink in piracy. For those who fork up the bread for a real copy what do they care? They don't, they own a real copy, only those who have bogus copies will yell about it.

    Quote from "Equinox" »
    I think Blizzard is the one who'll have to jump through ugly hoops to implement this in such a way that the customer wouldn't want to bang their head on the keyboard when updating (or not being able to update) Diablo III.

    Microsoft, Adobe (two of the largest software co's) and a host of others already do this and it works fairly well. You place your product key in, activate, and the rest is fairly transparent. Mirosoft has even started forcing activation for it's volume licensing now, you get 28 activations before you have to justify to Microsoft why. That puts a huge kink in pirates who want to burn a copy and sell it again and again. Froma customer standpoint though it is of little consequence, over 3 to 5 year period the odds of you reinstalling an OS more than 5 or 6 times in a corporate environment is very small.

    Personally I would take product activation over LAN removal.
    Posted in: Starcraft & SC2
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    posted a message on Day before Diablo 3 release.
    I would go

    to the store
    Posted in: Diablo III General Discussion
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    posted a message on Experienced with 3d max?
    Quote from "Jamoose" »
    I went yesterday to some college and asked about 3d design courses. They had a course that is consisted of 40 hours of photoshop, then moving on to a 50-100 hours of 3d studio max, and its all one on one... meaning me and the teacher.

    Now i want to consult some of the guys here who have experience with these kind of programs, please answer these few questions or just comment about anything you think is necessary.
    I've worked in IT for about 20 years starting in tech support for Adobe in 89 and later in engineering and have supported developers, graphics, 3D animators, and CAD on both PC and Mac's. I have also taught IT courses in corporate colleges.
    Quote from "Jamoose" »

    I want to study this as a hobby and then maybe develop it as a profession.

    Is 3d max a good program? Why should i study it, and not Maya or any other 3d prog?
    It depends on what your career objectives are and what you see yourself doing in the long run. Degree's mean little in this field, they will get your foot in the door but for what you are considering a portfolio of work will be your biggest aid starting out, so make sure you keep all you do, at least the good stuff.

    3D Studio Max is a well respected application and if you learn it will shorten the learning curve on similar applications. There are other well respected apps too each with various strengths, learn their strengths and you will have a better idea if it will work for your purposes. Here are few:

    Lightwave
    http://www.newtek.com/lightwave/

    Maya (they make AutoCAD too)
    http://usa.autodesk.com/adsk/servlet/index?id=7635018&siteID=123112

    Bryce
    http://www.daz3d.com/i.x/software/bryce
    Quote from "Jamoose" »

    I am paying 50 dollars more or less per hour for this course, 100 hours will be 5000 dollars, what you think?

    They said that if i go for 100 hours for 3d max, i will know the program really good and almost every aspect of it, is that right? and will i be able to download some other program and play with it until i figure it out? i mean technically. And yes, i learn things pretty fast.

    Any other comments or help will be appreciated.

    Thanks in advance :)

    100 hours is really not that much time, but it's about the same as most tech school courses. As an educator I taught 8 week courses to people who were trying to develop a career in IT administration. The courses were $19/k for an AA degree but the truth is this.

    If you have a drive to know the material you will do well, an instructor is simply going to get your feet wet in the application, the honing of your skills will take much more time and effort. In my classes 1 out of every 10 students put in the effort to make a career for themselves, the others were wasting their time and money. After 6 years of teaching I had roughly 800 students pass though my class room and I can only think of about 20 tops I would go out of my way to hire today. Even 8 weeks of the courses I taught only allowed me to teach the basics in hands on intensive lab driven classes.

    So the moral of the story is if you have a real passion to get into 3D animation or graphic arts there is nothing that will stop you if you are hell bent on it. The other thing to consider is even though these are applications, there is still an artistic bend to it, you still need to have a good eye and an artistic skill that will make you marketable. If you have that already, then application will simply become another medium for you to express yourself.

    Ironically I didn't go to school for any computer courses, I started with book's, lots of them and got into entry level positions and worked my way up into more technical positions. To give you an idea when I did support for Adobe we had a crash lab in the back any of us could use and we had PC's on carts we could roll up to our desk with all of Adobe's applications on them.

    Most people never used the crash lab and only played games on the mobile PC's, after my shift was over at 10 PM, I would go in the back and teach myself Photoshop, Pagemaker, FrameMaker, etc. for another 3 to 4 hours every night until I knew it like the back of my hand. I also read all the user guides (yes those boring things :D) The same was true in all my positions, that was my college. Some people do well in class room settings, if you are one and know you have the drive for this, then 3 weeks might be just what you need to get started. I would recommend though to check out other schools before settling on one, find out who your instructor is and make sure you have a good rapport with them. Some teachers can suck and nothing will waste your time and money faster than a bad instructor.
    Posted in: General Discussion (non-Diablo)
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    posted a message on Politics
    Quote from "PhrozenDragon" »
    Suppose we would have let everything fail then. Suppose AIG and others were to have gone out of business. Would everything just have been happily ever after then?

    Bankruptcy actually works, investors love buying bargains and making them better assets. This is about the government hiding it's dirt and Wall Street's too because the FED was very much a part of it. It's all about control. They should be reducing the size of government now, reducing expenses, and using government to help streamline buying opportunities for private money while capitol hill gets busy putting back the safe guards in place they removed that helped lead us into this mess. They are doing the opposite.


    Quote from "Jamoose" »
    I think that politics these days are affected too much by interests... Everything except that is a joke.

    So, Obama or no Obama, it doesnt matter...

    And about the economical crisis, i think its also an effect of personal interests.


    Quote from "gamma11" »
    anybody who thought obama was gonna help was a fool... the president is just a puppet anyways... the companies and big corporations are what runs america...

    You are both right, Permit me to issue and control the money of the nation and I care not who makes its laws. - Mayer Amschel Rothschild
    A little history on who Mayer was:
    (23 February 1744 - 19 September 1812) was the founder of the Rothschild family international banking dynasty that became one of the most successful business families in history. In 2005, he was ranked 7th on the Forbes magazine list of "The Twenty Most Influential Businessmen Of All Time". The business magazine referred to him as a "founding father of international finance"
    Posted in: General Discussion (non-Diablo)
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    posted a message on Politics
    Quote from "applesoffury" »

    Vegas, you seem to know a bit (:P) any ideas guys?

    Here be me input matey! But first I would consider your professor, is your professor open for any solution or do he/she have economic path they want you to take? This can be a politically charged topic where people have strong opinions and that might determine how receptive they are. I know some professors can get testy about things like that.

    With that said I believe the Austrians will be proven right in the long run some of the more noted were the ones who saw this moment coming Jim Rogers, Marc Faber, Peter Schiff, Robert Kiyosaki, and Ron Paul (mentioned by 3CXOD) to name a few. They have proposed solutions but despite being credited with seeing it their solutions have gotten little attraction because they are not popular solutions, they require us taking our medicine, in essence the correction is the solution to a massive bubble market that has spun out of control for years as prescribed by Ludwig von Mises. The time we should have done something was on the drunken euphoric trip up and the aforementioned we're warning everyone about and getting laughed at and ridiculed for being Dr. Doom's.
    Peter Schiff Was Right 2006 - 2007
    http://www.youtube.com/watch?v=2I0QN-FYkpw
    The Austrian's propose allowing companies to fail and let the process of bankruptcy to help reset the market. This is the only way assets can properly valuate and flush bad debt from the books. Depending on who you listen to they have different ideas of what the government could do to aid, but basically the governments role should be to foster free trade and streamline the process so a quick V shaped recession could take place and the correction would last for a shorter period of time and thus a faster recovery. They argue no matter what we do the downturn is going to be painful. Bail outs, stimulus and recovery packages are attempts to not take our medicine. Such actions will only prolong the down turn and lead us into an L shaped recession not to unlike the lost generation in Japan in the 1990's complete with Zombie banks from which Japan never truly recovered. All the efforts being taken are basically ways vain attempts to reinflate artificial bubbles and prices that cannot persist.

    Indeed today we see that the largest bailed out banks are already undead entities on government life support no one has faith in anymore. By keeping these entities alive along with all their toxic debt no investor will place money in assets that can't be properly valuated.
    Why the Meltdown Should Have Surprised No One - Peter Schiff
    http://www.youtube.com/watch?v=EgMclXX5msc

    Jim Rogers on where global opportunities will be.

    http://link.brightcove.com/services/link/bcpid1184614595/bctid14510970001

    60 Minutes - Head of the U.S. Government Accountability Office (GAO) David Walker says that the U.S. economy is unsustainable

    http://www.youtube.com/watch?v=D6Q14HOBThM&feature=email

    I.O.U.S.A.: Byte-Sized - The 30 Minute Version

    http://www.youtube.com/watch?v=O_TjBNjc9Bo

    Robert Kiyosaki Why the Rich Get Richer
    Eve of Destruction: How the Financial Crisis Was Built Into the System
    http://finance.yahoo.com/expert/article/richricher/124339

    Let banks fail, says Nobel economist Joseph Stiglitz
    http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/4424418/Let-banks-fail-says-Nobel-economist-Joseph-Stiglitz.html
    Proponents Keynesian approach argue just because someone saw it does not equate to having solutions and simply submit their solutions are not solutions but do so without qualification. On the Keynesian side the poster child has been Paul Krugman because he won a Nobel Prize for his work on trade patterns. I agree and disagree with Krugman on varying points but a few things to consider which I find hard to resolve:
    He did not anticipate this crisis reaching this level, as he states in his 10.26.08 blog commentary
    "But I never anticipated anything like what's happening now."
    http://krugman.blogs.nytimes.com/2008/10/26/the-mother-of-all-currency-crises/
    But he has since attempted to suggest he was as close as anyone was to it. Paul Krugman was on the 'Washington Journal' (a four part series) In part 2 starting at 5:35 a caller calls Krugman out for representing Keynesian views and for not seeing this crisis where the Austrians and people like Peter Schiff did.
    What does Krugman do?

    All he does scoffs and says "Boy I don't even want to go into the Austrian stuff, it's a not a major school but look uhm what can you say I was closer to this than the bulk of the people who were giving pronouncements about the economy, I saw the housing bubble, I saw the bursting of the housing bubble was going to be nasty"
    http://www.youtube.com/watch?v=uwYgHBTfs5k
    That isn't much of a defense, personally I think of you want a voice in the crisis solution you should have been wise enough to see it coming. In all his commentaries and appearances I have not heard one thing about where the US is going to get the money to pay for all this deficit spending. Obviously we're borrowing it from China but no one wants to talk about the long term implications of this, the Keynesian's mildly acknowledge the long term debt is a problem but with light reverence.
    Look what China is considering on doing with its money.
    http://www.forbes.com/feeds/afx/2009...fx6140426.html
    http://www.chinastakes.com/story.aspx?id=1030

    And China who we are depending on to keep loaning us money is starting to get nervous
    http://www.bloomberg.com/apps/news?p...efer=worldwide
    http://apnews.myway.com/article/20090313/D96T37FO0.html
    We do however hear much about how we need to put America back to work and that Obama can create government jobs and infrastructure spending. But those who argue this again don't ask with what money? They don't consider that all government jobs while honest work is a burden to the tax payer and eventually if allowed to grow too large become a system that feeds on itself destructively. Unlike free trade inviting fresh money based on competition, supply, and demand. They believe deficit spending is a path out of this mess, I disagree. If you start with the 1 hour video I mentioned in my previous post by Dr. Lawrence Parks you can see there are fundamental problems that date 30 plus years back that are compounding our troubles.
    http://montanasoundmoney.org/parksvideo.html
    We have two crisis problems
    1) a dollar crisis and this is a fundamental problem, we now operate on a house of fiat currency cards and no one is looking to fix it. There have been over 3800 fiat currencies though out history and all have failed. With a winning tack record of 3800+ losses 0 wins, the prospects of the dollar surviving this time around is also zero. In the US alone we saw the Continental fail, and the US Greenback dollar fail. The Federal Reserve Note will too it's just a matter of time.

    2) We have a foreign debt problem in 2005, U.S. interest payments on foreign debt topped the $100 billion mark for the first time - coming in at $114 billion dollars breaking down to $310 million per day, according to Joseph Quinlan, Bank of America's chief market strategist. This equates to more than $1 per day for every person in America. So all this additional deficit spending which the left bemoaned as Bush spent like a liberal on steroids running two wars while lowering taxes, suddenly and conveniently they now see this type action as a solution to the problem. They think now somehow punch through our economic problems if we just spend enough money! (BTW I voted for Obama, that usually makes most Democrat's heads snap after I say stuff like the above)

    Conventional wisdom says if you are in a hole you stop digging, tighten the belt and pay down your debt, but not here. Keynesian's however are pumping the idea that even the basic concepts of global economics are too complex for the average person to understand. Kind of like those complex derivatives only advanced mathematicians could decipher that helped to blow up the economy. Certainly every industry has details and complexities only the professionals understand but the basic concepts should not be hard to grasp. At the end of the day it's still money in money out.

    Stimulus Has Never Worked
    "We are spending more money than we have ever spent before, and it does not work. After eight years we have just as much unemployment as when we started, and an enormous debt to boot." - US Treasury Secretary, We are spending more money than we have ever spent before, loyal secretary of the Treasury to President Franklin D. Roosevelt - and key architect of FDR's New Deal. May, 1939
    Leave the New Deal in the History Books
    http://online.wsj.com/article/SB123215398370892313.html?mod=rss_opinion_main
    Stimulus supporters would love nothing better than to bury that quote. It comes from Morgenthau's personal diary.

    I mention this because many reference FDR's New Deal as a justification for today's stimulus, so it behooves us to listen to the architect of the new deal. The depression lasted 10 to 12 years and while FDR did not cause it he was not very successful in pulling the nation out of it, there were 2 New Deals and both failed, it took WWII to pull us out of it.
    How many dollars have we printed?
    http://research.stlouisfed.org/publications/usfd/page3.pdf
    Want an interesting take on this, Michael Maloney is pro gold and silver and while some disagree with his take on gold and silver his use of the FED's own charts are compelling to say the least, and show that the problem is larger than most fathom.
    The Greatest Wealth Transfer in the History of Mankind Starts Now!
    http://goldsilver.com/newsletters/newsID/3592/
    Well there you have it, I could type a hell of lot more but that should give a fair amount of material to work from, I would recommend looking at all the links I have provided to give you a fuller perspective. After seeing all that you should have a bang up paper.

    If you are bold and want to invest 3 well spent hours, then Chris Martenson's "Crash Course on Economics" is probably one of the most important presentations you can watch for the next 20 years, he talks about the 3 E's, Energy, Environment, and Economy. No matter how you cut it, were in for a hell of ride.
    http://www.chrismartenson.com/

    They almost didn't know this was coming, Kondratieff waves
    Nikolai Dmyitriyevich Kondratieff told them 70 years ago, many today knew for 20 or more years
    http://www.kwaves.com/kond_overview.htm
    Posted in: General Discussion (non-Diablo)
  • 1

    posted a message on Politics
    All we can do is hope Obama will earn that title by making wise choices, I'm sure he will on some things, and some I keep guarded optimism for.
    Posted in: General Discussion (non-Diablo)
  • 1

    posted a message on Politics
    Quote from "Equinox" »
    It's a consequence of the current structure of the economy that you just have to accept. Calling our economy a "problem" is like calling capitalism one. It's not going to go away or disappear. It is there to stay. Just as the national media numbness.

    And I am not sure why you quoted me with that humongous long post. I don't really want to talk about US and China.

    It's a passionate topic for me I know much about. I accept the dollar will eventually will fail, as have all debased economies throughout history. This scenario has played out again and again over time. The reasons are often different, the result is always the same.

    Look at this short and incomplete list of monetary carnage
    http://en.wikipedia.org/wiki/Hyperinflation#Examples_of_hyperinflation

    I'm not blaming capitalism, I'm pro capitalism! I believe the banks should have been allowed to fail and that a correction should be allowed to correct. Today we can't properly valuate many investments because of Zombie banks and all their undead toxic assets. No investor will touch the banks with a 10 foot pole because of this. You should want to talk about China because they are funding our deficit spending, all this stimulus we hoping will pull us out of our fiscal mess is coming largely from China. A lot of people are dangerously ignoring the risk of them pulling the plug or us defaulting on our obligations.

    It is a dollar crisis and a foreign debt crisis, a result of living beyond our means for most of 38 years and Reagan did much to get the ball of debt rolling. I'm saying Obama has people on board who helped create the mess, as did Bush 43, Clinton, and Bush 41 etc. Both parties are at fault. Yes the economic crisis is not going away soon, this is why I wrote a long winded post, because if people want to come out of this then understanding the problem is paramount. Obama will not fix it, he can't. It's global because everyone pinned their currency to the dollar, the only reason the dollar has done well is because people are panicking and fleeing to the default currency, not because of any strength the dollar has, because they don't know where else to go. That isn't going to last.

    So what can you do, make sure you place your money in things that will hold value where the fundamentals have not been impaired should the worst be realized. Well I mentioned who I am listening to: Peter Schiff, Robert Kiyosaki, Jim Rogers, and Marc Faber, that is a bread crumb trail any one concerned should at least investigate and see if what they are saying makes sense to you. BTW, what I am saying is basically what all these capitalists are saying, they are among my sources. I hope for the best but I plan for the worst, it's not hard to imagine the worst, we are pretty close to it now. A long winded post, yes I have been hammering about this topic for the last 3 years on other boards and was called a nut for saying a crash was coming based on what I was reading by Republicans back in 2006. Today I am called a pessimist by many Democrats for not getting on board with Obama's financial plan despite having voted for him for other reasons.

    My message is simple, educate yourself on finance and money, the rules of money are changing, anyone clinging to old ideas is going to get wiped out. Read what I am saying, then do further research and decide if what I am saying is true. Don't take my word for it, check my sources and then compare it against those who believe the opposite. For 3 years I have been trying to wake people up on this topic, and I will as long as I can.
    Posted in: General Discussion (non-Diablo)
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