Google Groups no longer supports new Usenet posts or subscriptions. Historical content remains viewable.
Dismiss

USA is in for a very very rough ride , nothing can save it now

Skip to first unread message

kangarooistan

unread,
Aug 5, 2007, 10:45:36 AM8/5/07
to

The USA is infor a very very rough ride , nothing can save it now

Let's take a look at the following table.


As cheap loans end the period of low interest and reset to market
rates , the repayments are simply unaffordable and becoming more so
as
money dries up , the value of homes is less than the amount owed by
the home owner , it pays them to walk away


"Bernanke told Congress last month that the housing


Jan 2007 mortgages reset to market rates $ 22 billion
Feb " $ 25 "
March $ 35
April $ 37
May $ 36
June $ 42
July $ 43


WE ARE HERE NOW , look back 6 months
, defaults take out 80 hedge funds so far


look forward 6 months, do the sums , and jump ship ASAP


numbers for the next 12 months are ALARMING


August 2007 $ 52 billion
Sept $ 58
Oct nth winter slump $ 55
Nov $ 52
Dec $ 58
Jan 2008 $ 80
Feb $ 88
March $ 110


This shows the amount of adjustable rate mortgages that reset each
month for the first half of this year and will reset for the next 12
months.


Note that these reset numbers are a driving factor in the increasing
rise in foreclosures


. Pay attention to the numbers I highlight in red for January through
June of 2008.


The largest portion of mortgage resets is not until next year.


We have just seen $197 billion of mortgage resets so far this year.


That is less than we will see in two months (February and March) of
next year.


The first six months of next year will see more than the total for
2007 or $521 billion. This suggests to me that the number of
foreclosures is due to rise dramatically from the already high
current
levels, putting more homes into a weak housing environment.


These homes that are going to see reset prices are for the most part
not going to be able to be rolled over into a traditional 30 year
mortgage because there is not going to be enough equity to get a
traditional mortgage.


Bernanke is right. The pressure from housing will diminish over time.
But it is not going to be over in a few months. It is going to take
at
least another year and maybe 18 months for a bottom in the housing
market to develop.


With over 80 Hedge funds now closed , we have a rough ride ahead for
anybody exposed to USA

CKSF

unread,
Aug 5, 2007, 5:42:15 PM8/5/07
to
The US hiccups, the world goes into a tizzy ... be careful what you
wish for.

Hmm ... I sure hope you are not using any US derived technology ...
hypocrite?

CKSF

Gregory Shearman

unread,
Aug 5, 2007, 10:20:27 PM8/5/07
to
CKSF wrote:

No. Hardware from SE Asia.
Software from developers around the world.

--
Regards,

Gregory.
Gentoo Linux - Penguin Power

kangarooistan

unread,
Aug 6, 2007, 8:51:05 AM8/6/07
to

Great , the ASX lost 25 billion dollars again today

Hopefully the west will bleed to death quickly , rather than a long
slow painful death

Then we can arrest all the warcriminals and start rebuilding the world
again without USA and Israel making wars all around the world

It really will be nice when the whole world can live in peace ,
without western taxpayer funded death squads creating wars for oil
barrons or nutter zionists

kanga
=====

bmo...@nyx.net

unread,
Aug 6, 2007, 11:32:05 AM8/6/07
to
On Aug 6, 5:51 am, kangarooistan <kangaroois...@gmail.com> wrote:
> On Aug 6, 11:20 am, Gregory Shearman <ZekeGreg...@netscape.net> wrote:
>
> > CKSF wrote:
> > > The US hiccups, the world goes into a tizzy ... be careful what you
> > > wish for.
>
> > > Hmm ... I sure hope you are not using any US derived technology ...
> > > hypocrite?
>
> > No. Hardware from SE Asia.
> > Software from developers around the world.
>
> > --
> > Regards,
>
> > Gregory.
> > Gentoo Linux - Penguin Power
>
> Great , the ASX lost 25 billion dollars again today

So you were lying about not being a gloater. Figures... you're just
full of admirable characteristics.

The gals must flip for you.

ltl...@hotmail.com

unread,
Aug 6, 2007, 11:52:49 AM8/6/07
to
Subprime problem spreads to strike non-subprime lenders.

http://biz.yahoo.com/ap/070806/american_home_bankruptcy.html?.v=11

------------------
American Home Mortgage Files Chapter 11
Monday August 6, 11:38 am ET
By Dan Seymour, AP Business Writer
American Home Mortgage Files for Bankruptcy Protection


NEW YORK (AP) -- American Home Mortgage Corp. filed for bankruptcy
protection on Monday, the latest casualty of a mortgage industry that
has plunged into distress.
The Melville, N.Y.-based company's request for Chapter 11 bankruptcy
protection -- filed in bankruptcy court in Wilmington, Del. -- caps a
tumultuous 10 days for what was in 2006 the nation's 10th-biggest home
lender.

[...]


---------------------

J.Venning

unread,
Aug 6, 2007, 9:39:10 PM8/6/07
to
<bmo...@nyx.net> wrote in message
news:1186414325.1...@j4g2000prf.googlegroups.com...

> So you were lying about not being a gloater. Figures... you're just
> full of admirable characteristics.
> The gals must flip for you.
>
Flattery won't get you anywhere, but in this case, flatulency might.
J.

bmo...@nyx.net

unread,
Aug 6, 2007, 2:00:00 PM8/6/07
to

You think so? There's quite a stink in this room already...

J.Venning

unread,
Aug 6, 2007, 11:29:54 PM8/6/07
to
<bmo...@nyx.net> wrote in message
news:1186423200.9...@m37g2000prh.googlegroups.com...

> You think so? There's quite a stink in this room already...
>
You may have to adopt some guerilla tactics - fart and run.
J.

bmo...@nyx.net

unread,
Aug 6, 2007, 4:48:54 PM8/6/07
to

Ah, a suicide bomb without the suicide...


J.Venning

unread,
Aug 7, 2007, 2:05:42 AM8/7/07
to
<bmo...@nyx.net> wrote in message
news:1186433334....@j4g2000prf.googlegroups.com...

> Ah, a suicide bomb without the suicide...
>
Watch out for the ricochet though, because in actual fact you aim at
your feet, but always hit your nose instead.
J.

bmo...@nyx.net

unread,
Aug 6, 2007, 5:28:08 PM8/6/07
to

All I can say is, anyone who flames me better watch it...

demor...@aol.com

unread,
Aug 6, 2007, 6:53:29 PM8/6/07
to

Another Great Depression like you are describing will not result in
the west bleeding to death either quickly or slowly. You seem to think
that the military suffers under such conditions. Actually in the event
of high levels of unemployment for sustained periods of time, the
armed forces will swell in size as young men (and women) decide to
volunteer. That is what happened in the 1930's. The first Great
Depression only really ended with World War.

rst0wxyz

unread,
Aug 6, 2007, 7:26:12 PM8/6/07
to

Will the next depression end with WWIII?

kangarooistan

unread,
Aug 7, 2007, 3:44:08 AM8/7/07
to
> Will the next depression end with WWIII?-

I think it will end more like the French Revolution

www.wikipedia.org/wiki/French_Revolution

Main article: Causes of the French Revolution
Historians disagree about the political and socioeconomic nature of
the Revolution. Under one interpretation, the old aristocratic order
of the Ancien Régime succumbed to an alliance of the rising
bourgeoisie, aggrieved peasants, and urban wage-earners. Another
interpretation asserts that the Revolution resulted when various
aristocratic and bourgeois reform movements spun out of control.
According to this model, these movements coincided with popular
movements of the new wage-earning classes and the provincial
peasantry, but any alliance between classes was contingent and
incidental.

However, adherents of both models identify many of the same features
of the ancien régime as being among the causes of the Revolution.
Among the economic factors were:

The social and psychological burdens of the many wars of the 18th
century, which in the era before the dawn of nationalism were
exclusively the province of the monarchy. The social burdens caused by
war included the huge war debt, made worse by the monarchy's military
failures and ineptitude, and the lack of social services for war
veterans.
A poor economic situation and an unmanageable national debt, both
caused and exacerbated by the burden of a grossly inequitable system
of taxation.
The Roman Catholic Church, the largest landowner in the country, which
levied a harsh tax on crops known as the dîme. While the dîme lessened
the severity of the monarchy's tax increases, it nonetheless served to
worsen the plight of the poorest who faced a daily struggle with
malnutrition.
The continued conspicuous consumption of the noble class, especially
the court of Louis XVI and Marie-Antoinette at Versailles, despite the
financial burden on the populace.
High unemployment and high bread prices, causing more money to be
spent on food and less in other areas of the economy;
Widespread famine and malnutrition, which increased the likelihood of
disease and death, and intentional starvation in the most destitute
segments of the population during the months immediately before the
Revolution. The famine extended even to other parts of Europe, and was
not helped by a poor transportation infrastructure for bulk foods.
(Some researchers have also attributed the widespread famine to an El
Niño effect.).[1]
The Ideals: Declaration of Human Rights.In addition to economic
factors, there were social and political factors, many of them
involving resentments and aspirations given focus by the rise of
Enlightenment ideals:

Resentment of royal absolutism;
Resentment by the ambitious professional and merchantile classes
towards noble privileges and dominance in public life (with a clear
picture of the lives of their peers in The Netherlands, The Germanies,
and Great Britain etc.);
Resentment of manorialism (seigneurialism) by peasants, wage-earners,
and, to a lesser extent, the bourgeoisie;
Resentment of clerical privilege (anti-clericalism) and aspirations
for freedom of religion;
Continued hatred for (perceived) "Papist" controlled and influenced
institutions of all kinds, by the large protestant minorities;
Aspirations for liberty and (especially as the Revolution progressed)
republicanism;
Hatred toward the King for firing Jacques Necker and Anne Robert
Jacques Turgot, Baron de Laune (among other financial advisors) who
represented and fought for the people.
Finally, perhaps above all, was the almost total failure of Louis XVI
and his advisors to deal effectively with any of these problems.


bmo...@nyx.net

unread,
Aug 7, 2007, 12:51:15 PM8/7/07
to

Will that be your first time in a bathtub?

> and his advisors to deal effectively with any of these problems.- Hide quoted text -
>
> - Show quoted text -


Midex

unread,
Aug 7, 2007, 1:42:01 PM8/7/07
to


Did they have the internet in the 1930s?


kangarooistan

unread,
Aug 7, 2007, 4:55:36 PM8/7/07
to
> Did they have the internet in the 1930s?-
You make a good point Midex

This is the first time in History that the Masses can actually find
out what is really going on

In all past wars the people actually had to believe whatever ruling
elite told us

Now we can read history and can know the ruling elites only ever tell
us what suits THEM

We the people can if we want , switch off the football replays and
other mind numbing government funded smoke screens , and find out
the truth

Thank GOD America is about to collapse and Israel along with all who
stand to close

Hav you seen what the next few months mortgage resets will do to the
USA / world economy
May GOD help the poor fools with their retirement funds in super funds
that have been used to fund the war on Islam

They deserve to , and will , lose the lot , as the house of cards is
beginning to collapse

lets all hope it kills off the USA QUICKLY , AND NOT A LONG SLOW DEATH

kangarooistan

unread,
Aug 9, 2007, 4:21:29 PM8/9/07
to
On Aug 8, 2:42 am, Midex <jbmccr...@gmail.com> wrote:
> Did they have the internet in the 1930s?-

Hey midex

Check out today's headlines

NOTHING can now save USA or ISRAEL

EU taxpayers had to give the yanks banks , 130 billion dollars to keep
them afloat for one more day

I wonder how much longer the ASIANS will be sucked dry before they see
its like the TITANIC , nothing can save it , USA was a nice ship , but
it hit a big iceberg called ISLAM ,cos it failed to notice until it
was too late

now it must pay for its stupidity

kanga
=====

Check out a few headlines around the world

Nothing can now save the Titanic , jump ship or go down with it

USA and ISRAEL are DOOMED to slowly bleed to death

kanga
=====

The Odds of Economic Meltdown,"
in *Salon*, August 3, 2006 - Brad ...The Odds of Economic Meltdown:
With interest rates and oil prices rising and consumers .... Make no
mistake about it: The U.S. economy is close to the edge. ...
www.delong.vox.com/library/post/the-odds-of-economic-meltdown-in-salon-august-3-2006.html
- 80k - Cached - Similar pages - Note this

(DV) Whitney: "Economic Meltdown" -- Sorry, but We're Toast"

Economic Meltdown" -- Sorry, but We're Toast
by Mike Whitney ... was not only a record in dollar terms but also as
a percentage of the total U.S. economy, ...
www.dissidentvoice.org/Mar05/Whitney0317.htm - 20k - Cached - Similar
pages - Note this

Devvy Kidd -- The Stark Reality of America's Financial Meltdown ..

.THE STARK REALITY OF AMERICA'S FINANCIAL MELTDOWN PART 1 of 2. By:
Devvy .... The US economic levees will break, just like the flood
ravaged levees in New ...
www.newswithviews.com/Devvy/kidd129.htm - 22k - Cached - Similar pages
- Note this

Like a dinosaur, US economy heads to extinction

because of ...Today the US economy is often compared with a dinosaur,
because it is the next largest economy in the world and almost as
large as that of the six other ...
www.english.pravda.ru/world/americas/13-06-2006/81897-us_economy-0 -
27k - Cached - Similar pages - Note this

World stocks in meltdown over US economy fears -

Yahoo! NewsEuropean and Asian stock markets sank on Wednesday,
mirroring losses the previous day in New York, on mounting fears that
weakness in the US housing sector ...
www.news.yahoo.com/s/afp/20070801/bs_afp/stockseuropeworld - 49k -
Cached - Similar pages - Note this

Is A GLOBAL ECONOMIC MELTDOWN UNDERWAY?

Europeans worry that US Alan Greenspan, chairman of the Fed, lacks
sufficient room to cut interest rates any further if the US economy
continues into ...
www.garnertedarmstrong.ws/GTA_Wordfroms/gtanews63.htm - 23k - Cached -
Similar pages - Note this

World stocks in meltdown over US economy fears -

Your World ...World stocks in meltdown over US economy fears. Ben
Perry AFP August 1, 2007. LONDON -- European and Asian stock markets
sank Wednesday, mirroring losses ...
www.metimes.com/storyview.php?StoryID=20070801-020920-1546r - 32k -
Cached - Similar pages - Note this

Business Report - US economy fears spark world markets meltdown

US economy fears spark world markets meltdown August 1, 2007 London -
European and Asian stock markets plummeted Wednesday, mirroring heavy
losses the ...
www.busrep.co.za/index.php?fArticleId=5019077 - 61k - Cached - Similar
pages - Note this

World stocks in meltdown over US economy fears

World stocks in meltdown over US economy fears.

LONDON: European and Asian stock markets sank on Wednesday, mirroring
losses the previous day in New York, ...
www.thenews.com.pk/daily_detail.asp?id=66568 - 28k - Cached - Similar
pages - Note this

RadMod.com » US Economic meltdown and political unrest ahead.

Has ...Let's get away from the GOP talking points about the rosy
economy, and look at some alternative viewpoints linked and excerpted
below.
www.radmod.com/.../ - 36k - Cached - Similar pages - Note this

mike3

unread,
Aug 9, 2007, 10:28:25 PM8/9/07
to

USA is toast.

mike3

unread,
Aug 9, 2007, 10:30:20 PM8/9/07
to
On Aug 6, 6:51 am, kangarooistan <kangaroois...@gmail.com> wrote:
> On Aug 6, 11:20 am, Gregory Shearman <ZekeGreg...@netscape.net> wrote:
>
> > CKSF wrote:
> > > The US hiccups, the world goes into a tizzy ... be careful what you
> > > wish for.
>
> > > Hmm ... I sure hope you are not using any US derived technology ...
> > > hypocrite?
>
> > No. Hardware from SE Asia.
> > Software from developers around the world.
>
> > --
> > Regards,
>
> > Gregory.
> > Gentoo Linux - Penguin Power
>
> Great , the ASX lost 25 billion dollars again today
>
> Hopefully the west will bleed to death quickly , rather than a long
> slow painful death
>

Never mind the East has lots of problems TOO. Just a different
set of them.

kangarooistan

unread,
Aug 9, 2007, 11:04:32 PM8/9/07
to
On
Hey midex

Check out today's headlines


NOTHING can now save USA or ISRAEL


EU taxpayers had to give the yanks banks , 130 billion dollars to
keep
them afloat for one more day


I wonder how much longer the ASIANS will be sucked dry before they
see
its like the TITANIC , nothing can save it , USA was a nice ship ,
but
it hit a big iceberg called ISLAM ,cos it failed to notice until it
was too late


now it must pay for its stupidity


kanga
=====


Check out a few headlines around the world


Nothing can now save the Titanic , jump ship or go down with it


USA and ISRAEL are DOOMED to slowly bleed to death


kanga
=====


The Odds of Economic Meltdown,"
in *Salon*, August 3, 2006 - Brad ...The Odds of Economic Meltdown:
With interest rates and oil prices rising and consumers .... Make no
mistake about it: The U.S. economy is close to the edge. ...

www.delong.vox.com/library/post/the-odds-of-economic-meltdown-in-salo...

Radiogalaxy

unread,
Aug 9, 2007, 11:44:46 PM8/9/07
to
Another Muzzie monkey fantasy.

"mike3" <mike...@yahoo.com> wrote in message
news:1186712905.8...@i13g2000prf.googlegroups.com...

Katrina

unread,
Aug 10, 2007, 7:11:29 AM8/10/07
to
> a percentage of the total U.S. economy, ...www.dissidentvoice.org/Mar05/Whitney0317.htm- 20k - Cached - Similar

> pages - Note this
>
> Devvy Kidd -- The Stark Reality of America's Financial Meltdown ..
>
> .THE STARK REALITY OF AMERICA'S FINANCIAL MELTDOWN PART 1 of 2. By:
> Devvy .... The US economic levees will break, just like the flood
> ravaged levees in New ...www.newswithviews.com/Devvy/kidd129.htm- 22k - Cached - Similar

> pages
> - Note this
>
> Like a dinosaur, US economy heads to extinction
>
> because of ...Today the US economy is often compared with a dinosaur,
> because it is the next largest economy in the world and almost as
> large as that of the six other ...www.english.pravda.ru/world/americas/13-06-2006/81897-us_economy-0-
> 27k - Cached - Similar pages - Note this
>
> World stocks in meltdown over US economy fears -
>
> Yahoo! NewsEuropean and Asian stock markets sank on Wednesday,
> mirroring losses the previous day in New York, on mounting fears that
> weakness in the US housing sector ...www.news.yahoo.com/s/afp/20070801/bs_afp/stockseuropeworld- 49k -

> Cached - Similar pages - Note this
>
> Is A GLOBAL ECONOMIC MELTDOWN UNDERWAY?
>
> Europeans worry that US Alan Greenspan, chairman of the Fed, lacks
> sufficient room to cut interest rates any further if the US economy
> continues into ...www.garnertedarmstrong.ws/GTA_Wordfroms/gtanews63.htm- 23k - Cached

> -
> Similar pages - Note this
>
> World stocks in meltdown over US economy fears -
>
> Your World ...World stocks in meltdown over US economy fears. Ben
> Perry AFP August 1, 2007. LONDON -- European and Asian stock markets
> sank Wednesday, mirroring losses ...www.metimes.com/storyview.php?StoryID=20070801-020920-1546r- 32k -

> Cached - Similar pages - Note this
>
> Business Report - US economy fears spark world markets meltdown
>
> US economy fears spark world markets meltdown August 1, 2007 London -
> European and Asian stock markets plummeted Wednesday, mirroring heavy
> losses the ...www.busrep.co.za/index.php?fArticleId=5019077- 61k - Cached -

> Similar
> pages - Note this
>
> World stocks in meltdown over US economy fears
>
> World stocks in meltdown over US economy fears.
>
> LONDON: European and Asian stock markets sank on Wednesday, mirroring
> losses the previous day in New York, ...www.thenews.com.pk/daily_detail.asp?id=66568- 28k - Cached - Similar

> pages - Note this
>
> RadMod.com » US Economic meltdown and political unrest ahead.
>
> Has ...Let's get away from the GOP talking points about the rosy
> economy, and look at some alternative viewpoints linked and excerpted
> below.www.radmod.com/.../- 36k - Cached - Similar pages - Note this

I am absolutely amazed by your informative article


kangarooistan

unread,
Aug 10, 2007, 4:41:56 PM8/10/07
to
The market has a very very long way to fall yet

Keep your powder dry and clean up big when it hits bottom this time
next year

till then build up your business plans for a post USA world

R U looking for work , or travel , or know somebody who is ??

looking for several teams of camel catchers , sub contract , team
members who can live in the bush a month at a time , 4 weeks on 4 off
if you want, good yields for keen fit workers , every thing
supplied , pay and conditions depending on experience , location
central australia , prefer muslims , very good pay for experienced
tough fit camel handlers and harness and saddle makers ,and
trainers , and butchers
, spread the word , language sklls or education not important ,all
travel costs re imbursed, work visa for sklled workers available ,

start soon EMAIL kanga , kangar...@gmail.com

kanga
=====

, the value of homes is less than the amount owed by
> the home owner , it pays them to walk away
>
> "Bernanke told Congress last month that the housing
>
> Jan 2007 mortgages reset to market rates $ 22 billion
> Feb " $ 25 "
> March $ 35
> April $ 37
> May $ 36
> June $ 42
> July $ 43
>
> WE ARE HERE NOW

> , defaults take out 80 hedge funds so far
>

> numbers for the next 12 months are ALARMING
>
> August 2007 $ 52 billion
> Sept $ 58
> Oct nth winter slump $ 55
> Nov $ 52
> Dec $ 58
> Jan 2008 $ 80
> Feb $ 88
> March $ 110
>

. Pay attention to the numbers I highlight in red for January through
June of 2008.

The largest portion of mortgage resets is not until next year.

We have just seen $197 billion of mortgage resets so far this year.

That is less than we will see in two months (February and March) of
next year.

The first six months of next year will see more than the total for
2007 or $521 billion. This suggests to me that the number of
foreclosures is due to rise dramatically from the already high
current
levels, putting more homes into a weak housing environment.
>

slide amid subprime concerns

The plunge came after the Dow fell 387.18, or 2.83 per cent, to
13,270.68 in New York on Thursday [AP]


Stocks in major economies have continued to fall in early trading
in response to steep declines in the US subprime mortgages market.


Defaults on subprime loans, or those made to people with poor
credit, have climbed sharply in the US of late, setting off concern
about the impact on credit markets and putting a squeeze on cash
liquidity.


Dow index futures dropped by as much as 200 points on Friday amid
the fallout from losses related the subprime sector.


The European Central Bank [ECB] injected $83.3bn into the eurozone
banking market on Friday to boost liquidity, taking its total input
to
$213bn in two days.


The injections enable commercial banks to borrow from the central
bank amid fears of a credit freeze linked to the US subprime market.


European slide


The ECB credits, which are in the form of loans, have come to more
than the amount injected shortly after the September 11, 2001
attacks
in the US, which shook global financial markets.


The US Federal Reserve also added a larger-than-normal $24bn in
temporary reserves to the US banking system.


European stocks fell on Friday, surrendering what was left of gains
made in 2007.


Banking shares were badly hit, with the Royal Bank of Scotland
down
4.5 per cent, Barclays down 5 per cent, ABN AMRO dropping 7 percent,
and Credit Suisse falling 4 percent.


At 11:11 GMT, the pan-European FTSEurofirst 300 index was down 2.9
percent at 1,481.84 points, its biggest one-day slide since May 2003.


Markets suffer


Joining Friday's decline, the Bank of Japan said it had injected
$8.4bn into money markets to curb rises in a key overnight interest
rate.


Asian markets suffered dramatic losses on Friday morning after a
large sell-off of stocks on the New York Stock Exchange the following
day.


The Nikkei 225 index on Tokyo's Stock Exchange fell 2.61 per cent
to 16,721.96 during the morning session on Friday, while the broader
Topix index dropped by 2.91 per cent, to 1,634.87.


Yasuhisa Siozaki, Japan's chief cabinet secretary, played down the
concerns over the stock market slide and the apparent stumble in the
US economy.


"Apart from the decrease of housing construction, the US economy
basically remains in gradual recovery," he said.


"The Japanese economy is also recovering, driven by private sector
demand. However, the government continues to monitor the overall
economic market, including the stock market."


Hong Kong stocks fell 3.1 per cent, and as of 10:28am (02:28 GMT),
the Hang Seng index was down 694.51 points.


The Korea Composite Stock Price Index fell 3.7 per cent, to
1,838.35 before making a slight recovery.


Australia's benchmark S&P/ASX 200 dropped 2.8 per cent at 5,991.6,
having been as low as 5,982.5 earlier in the session.


Frozen funds


The plunge came after the Dow Jones industrial average fell 387.18,
or 2.83 per cent, to 13,270.68 in New York on Thursday.


The fall was precipitated by an announcement by French bank BNP
Paribas that it was freezing three funds it had in invested in US
subprime mortgages.


BNP's disclosure came less than 10 days after DWS, the mutual funds
arm of Deutsche Bank, the second-biggest bank in the eurozone, said
it
would not be affected by activities in the subprime market.


Subprime mortgages are the most risky property loans, often offered
to
people who experiencing payment difficulties or those with a poor
credit record.


Several major US companies have announced losses from exposure to
subprime loans over the past months.


Source: Agencies


Related:
Europe acts to calm markets
(09 Aug 2007)


Tools:
Email article
Print article
www.aljazeera.net

Chairman Mao says:

unread,
Aug 11, 2007, 11:34:55 PM8/11/07
to

"rst0wxyz" <rst0...@yahoo.com> wrote in message
news:1186442772.8...@i38g2000prf.googlegroups.com...

Yes it will, history repeats itself. Leaders with an agenda will rise up
and control their parts of the world until war decides the victor.

If Germany would have won, Hitler would be considered like a God right now,
his picture would be everywhere. They lost so he became an evil entity.

The first part will be a massive civil war and balklinazation period
resulting in basic race and religious wars.

Since the USA is pretty majority christian based the religious war will not
be the main internal war here. The war here will be a race war, then settle
down into a class war with the have me's and not's battling each other for
resources.

The world war will spread across the world as other countries unite their
people long enough to gain strength to attack others for resources.

The USA has the advantage of good water and farmland areas to support basic
needs.

Society will go back to the level of +500 years ago.

You're starting to learn now, like I said it could be an economic disaster,
terrorist attack or just a simple LA style riot police beating incident
that triggers the start of the chain of events that leads to the end of
civilization as we know it.

For the Islamo types that exist in the dark ages, this change will be
welcomed as religious control will take over peoples lives in those regions.

A country like Israel will be attacked by all directions, the USA will only
need to stop the hoards of free-loading Mexicans that will try to flock
across the borders to form Aztecland.

The rich elites will flee to exclusive protected areas to insure they can
enjoy technology and power. I figure Australia would be a good place
because it is one huge island. The world elites could displace or enslave
the average australian to create their empire.

only a few elites will stay in the USA, most will flee. It is too hard for
them to disarm all of us for total control.

Won't the world be wonderful when all this happens?

This is just social riots, I'm not even talking nuclear or Bio war.

kangarooistan

unread,
Aug 12, 2007, 12:33:26 AM8/12/07
to
On Aug 12, 12:34 pm, "Chairman Mao says:" <Mao-ze-D...@prc.com> wrote:
> "rst0wxyz" <rst0w...@yahoo.com> wrote in message

Indeed , USA poor will need to gain control or starve , like in the
French Revolution


>
> The world war will spread across the world as other countries unite their
> people long enough to gain strength to attack others for resources.

Most countries are already to take back their countries , its great to
see the movement in Sth America and Africa and many other countries
that can see the capitalist exploitation the jews an yanks have tried
to gain control of all vital assets , but we will simply take back
what they stole from the peoples


>
> The USA has the advantage of good water and farmland areas to support basic
> needs.
>
> Society will go back to the level of +500 years ago.

No way mate

Do you really think losing USA and ISRAEL will destroy the world

It will FREE the world


>
> You're starting to learn now, like I said it could be an economic disaster,
> terrorist attack or just a simple LA style riot police beating incident
> that triggers the start of the chain of events that leads to the end of
> civilization as we know it.

We could see a break down for a few years if USA and ISRAEL are not
quickly arrested , but the forces of darkness will soon be crushed ,
the world will not hardly miss a beat and will blossom once again as
it was before the christian and Jewish capitalist kid killer raped
murdered pillaged and plundered nearly every country on earth in the
last few centuries there is hardly a single country they did not GUT


>
> For the Islamo types that exist in the dark ages, this change will be
> welcomed as religious control will take over peoples lives in those regions.

like this you mean
www.muslimheritage.com
www.1001invntions.com
www.islamonline.com


>
> A country like Israel will be attacked by all directions, the USA will only
> need to stop the hoards of free-loading Mexicans that will try to flock
> across the borders to form Aztecland.
>
> The rich elites will flee to exclusive protected areas to insure they can
> enjoy technology and power. I figure Australia would be a good place
> because it is one huge island. The world elites could displace or enslave
> the average australian to create their empire.

They already HAVE

But we will son take it back when USA and ISRAL implode , we will be
free to take back what they stole from us , and they can also repay
the Palestinian and Iraqi and Afghan war crimes compensation over the
next 10000 years


>
> only a few elites will stay in the USA, most will flee. It is too hard for
> them to disarm all of us for total control.
>
> Won't the world be wonderful when all this happens?

GOD willing

ALLAHU AKBAR
[ GOD is Great }
>
> This is just social riots, I'm not even talking nuclear or Bio war.- Hide quoted text -


>
> - Show quoted text -

There will be riots in USA as the poor have guns and I suspect it wont
be very long now

I prefer the Fabian socialist model of slow change

The French revolution like most revolutions pass power onto the most
violent groups of society and it takes about 50 years or so to recover

We all want to see an end of evil terrorists , so it will be great
when America and Israel are finally defeated

I see the war as having started in 1914

The war has slowly driven back the white christian capitalist colonial
ruling elites

We the peoples of the planet now only need to destroy the very last
colonial empire to free the world having at great cost destroyed the
Spanish , Portuges , Dutch , French < German< Russian , British and
now its USA and ISRAELS turn to be diarned and civillized OR DESTROYED
as they choose

We have already freed all of Asia and Africa and South America , only
USA and ISRAEL remain , still to be set free from colonial
occupation by the ruling elites of the colonial period

USA is about to implode as you point out

The few whites with guns will kill millions , but the non whites have
guns and will get rid of the kid killers in no time

We the peoplewill soon ALL BE FREE and the world will finally be able
toenjoy true andlasting peace ,

Watch Islam grow and spread asthe real terrorists are exposd for all
the world to see

This could all happen in days or weeks

Like USSR folded over noight

USA will anish in a puff of smoke as its exposed as mostly just HOT
AIR and bragging self importance

I SMELL FREEDOM TRUTH AND JUSTICE IN THE AIR

I SMELL FREEDOM TRUTH AND JUSTICE IN THE AIR

I SMELL FREEDOM TRUTH AND JUSTICE IN THE AIR

I SMELL FREEDOM TRUTH AND JUSTICE IN THE AIR

I SMELL FREEDOM TRUTH AND JUSTICE IN THE AIR

I SMELL FREEDOM TRUTH AND JUSTICE IN THE AIR

I SMELL FREEDOM TRUTH AND JUSTICE IN THE AIR

I SMELL FREEDOM TRUTH AND JUSTICE IN THE AIR

I SMELL FREEDOM TRUTH AND JUSTICE IN THE AIR

I SMELL FREEDOM TRUTH AND JUSTICE IN THE AIR

I SMELL FREEDOM TRUTH AND JUSTICE IN THE AIR

I SMELL FREEDOM TRUTH AND JUSTICE IN THE AIR

VIVA LA REVOLUTION

kanga
=====

Message has been deleted
Message has been deleted
Message has been deleted
Message has been deleted
Message has been deleted
0 new messages