Political shifts since the 2008 Reccession

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But the US dollar isn't worthless. If there was a real threat that the US dollar could suddenly become worthless then no foreign country would buy US treasury bonds. As to how things stand now, other countries we borrow from have far weaker currencies.

http://en.wikipedia.org/wiki/Treason#Canada

Canada's law doesn't doesn't agree with your opinion on what constitutes Treason. Its punishment is also life in prison and not death. You should be more respectful of the laws of your nation.

It is? Then how come I can buy groceries with my worthless US dollars?

ruveyn

No, it is not treason if the bonds are genuinely not worth their rating, then that is the facts. The fact they were arguing for honesty is not treason. If you want to blame anyone blame the people causing the situation that caused the individuals you are slandering to demand the bond rating for Canada be lowered. Or wait that would mean the liberals would have to take responsibility for their actions.



You really don't know your history do you. I'm making a statement here because it is obvious you don't.

http://en.wikipedia.org/wiki/Inflation_ ... r_Republic


http://en.wikipedia.org/wiki/Hyperinflation

Essentially if your money becomes worthless you are basically bankrupt, it has happened in history on multiple occasions. It causes severe unrest which I feel is what Liberals want in order to overthrow governments and impose a dictatorship style government on people.

Moody's was saying there's no problem, these traitors were calling them up screaming at them to downgrade Canada's credit rating! They were screaming at them! These people wanted to manufacture a phony crisis by pressuring Moody's. They're traitors and they deserve to be dealt with for their treason. These were Canadians who were doing this, they wanted a fake crisis so to redistribute wealth and income to them and for social engineering purposes. They deliberately plotted to damage Canada's reputation. Their media was telling outright lies comparing Canada to Mexico and Argentina. That they're still on the loose means Canada is threatened.

Look, they would have no motive to do so unless they knew something you do not. Fact is investors look for bonds that are high rating as safe investments. They wouldn't be calling for the bond rating to be lowered unless they felt that investing in Canadian bonds was more risky than Moody was letting on.



And maybe they had good reason.



Unless you are a telepath, which you aren't, you have know way of knowing what their motives were. In fact, the only reasonable motive they could have had was that they honestly felt investing in Canadian Bonds was more risky than Moody was letting on.



I seriously doubt they are traitors, if anything they are concerned citizens calling the Canadian Government on being fiscally irresponsible.



That is more of what people on the far-left would do. That is a Communist, Socialist, position not a capitalist one.



No, if they are businessmen that live in Canada, their motivations would be to save Canada's reputation by stopping fiscal irresponsibility before it gets so out of hand that Canada is in as much trouble as Greece.



That may be stretching it comparing Canada to Mexico, but that looks to be more of exageration for effect so that people can realize Government is being irresponsible and potentially corrupt as well.



Again you are proving Rush Limbaugh and Glenn Beck to be right.

Let me explain it to you again. Plutocratic scum wanted some social engineering and redistribution in their favour. The method to get this done is to scare the people about this mythical Debt Wall. The key to that is to get the bond rating agencies to make noise about a downgrade in the credit rating. In the midst of all that, Moody's announced that Canada was doing well, that this idea of a downgrade was silly. This angered the plutocratic scum who called up Moody's and screamed at them, demanding that they play along with their manufactured crisis and either threaten to downgrade Canada's credit rating or do so outright.

Moody's said there was no problem. The plutocratic scum was falsely claiming that there was a problem in order to personally profit from it. This meant dragging Canada's reputation in the mud and creating real trouble if their threats were to succeed in getting bond agencies to downgrade Canada's credit rating. Moreover, their destructive reforms surely would damage Canada - the country has not recovered completely from the Great Canadian Slump caused by right wing social engineers. So any way you look at it, this is treason.

Last edited by xenon13 on 03 Dec 2010, 1:56 pm, edited 1 time in total.

It is not something considered treason by your countries own standards.

They were plotting to damage Canada's economy. That is sabotage. That's treason by any reasonable definition. Just as those Enron traders who laughed about putting California in the dark should have been treated the same way as hypothetical al-Qa'eda operatives having achieved the same thing.

The reason why the Enron traders didn't go to prison, the reason why those who screamed at Moody's didn't go to prison is simple - they are powerful, they are in power, the laws are not enforced against such people, they are above the law. That's the simple truth.

Not with any overt signs of hostility, that means it doesn't qualify as sabotage. Even if it did it wouldn't be considered treason. They aren't in prison for treason because they did not commit treason. Reasonable definition or no your country's law disagrees with your assertions concerning treason.(and death for treason)

Our dollar isn't in the situation where it is worthless yet, however if the Fed keeps printing money like crazy the same fate will happen to us.

In the case of the Weimar Republic, the issue was was debt in the form of war reperations that were owed in either gold or other currencies. The problem was Germany was forced to repay its debt in gold more quickly than it could possibly afford. This is what lead to the sudden hyperinflation. The US does not have a large debt in gold or foreing currencies. The vast majority of the US national debt is in dollars, i.e. government treasury bonds. It's impossible for the US currency to become worthless in a matter of years.

Kinda bad when you can get more accurate news reporting from a message board than most of the media:
http://onedinar.forumotion.net/world-ec ... t25645.htm

I will take them with a grain of salt though cause I'm still trying to find a second source.

Also I know you don't like Glenn Beck, but at least read through the transcript:
http://www.foxnews.com/story/0,2933,602103,00.html

With the Federal Reserve set to print $600 billion in order to buy Treasury securities, it is essentially funding the $1.2 trillion deficit for the next six months, according to Ed Yardeni, President of Yardeni Research. It’s even more if you count the reinvestment of proceeds from its mortgage-backed securities portfolio.
http://www.cnbc.com/id/40008544/Fed_s_P ... r_6_Months

$600 billion being printed out of thin air, what is that going to do to the value of the Dollar, it sure isn't going to go up.

I posted that a while ago.

http://www.wrongplanet.net/postt144183.html