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Oil's energy contribution has declined by about 12% since 1999. The world's economies have also declined by about 12%. (Using conventional metrics, which are time delayed determinations, this will only be seen in hind sight). The massive destruction of asset values now occurring testifies to it happening. Peak is well behind us, world economies have peaked and will continue to decline.

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Peakoil.com :: View topic - Stop the Bailout!!! Restore the Republic!!!
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Stop the Bailout!!! Restore the Republic!!!
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Delphis
Heavy Crude
Heavy Crude


Joined: Sep 09, 2008
Posts: 153
Location: Hobbiton, but it's looking more like Mordor by the day...oh! hey Sauron, I didn't see you behind me!

PostPosted: Fri Sep 26, 2008 3:11 pm    Post subject: Stop the Bailout!!! Restore the Republic!!! Add User to Ignore List Reply with quote

link

Spread the word, this bailout is a fraud! Act now!
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"Two things are infinite: the universe and human stupidity; and I'm not sure about the universe."....Albert Einstein
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SILENTTODD
Intermediate Crude
Intermediate Crude


Joined: May 06, 2006
Posts: 873
Location: Tustin, CA

PostPosted: Fri Sep 26, 2008 3:50 pm    Post subject: Re: Stop th Bailout!!! Restore the Republic!!! Add User to Ignore List Reply with quote

Delphis wrote:
link Spread the word, this bailout is a fraud! Act now!

What do you suggest in it's place? Realize, come Monday if nothing has come about by Monday you may have a freeze of all credit accounts; remember we are playing with the big boys here. Understand, if you have an AMX, Visa, MasterCard, or any other form of ready credit it may and probably will be suspended. I'm almost ready to take this risk but are you? Next level what if your bank, S&L and Credit Union take a "holiday"? You will be unable to withdraw money that is yours because the bank, S&L, ECT is closed!

Want to see runs on banks? Lines at all your gas stations (I have 4 bicycles I don't care about that one) because no one has any access to money? Or worse, violence, because people have no food, gas, access to $.

I'm much closer to retirement age than most people on the blog. I honestly don’t think I or anyone reading this will ever be able to truly retire (Herman Melville the man who wrote "Moby Dick" had to work till the day he died at 72)

What they are doing right now only buys some time. Maybe only 6 months. I don't know about you but I would like as much time as I can to prep.
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newman1979
Heavy Crude
Heavy Crude


Joined: Sep 25, 2006
Posts: 105

PostPosted: Fri Sep 26, 2008 4:34 pm    Post subject: Re: Stop th Bailout!!! Restore the Republic!!! Add User to Ignore List Reply with quote

Delphis wrote:
link Spread the word, this bailout is a fraud! Act now
!
Now cash is king. If you can live without a paycheck or a job, then feel free to to take a fall on your sword and protect future taxpayers. If you are not in that situation, I think you should listen to the financial leaders of the government. Main street is as much a victim as taxpayers, so chose your poison.
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retiredguy
Intermediate Crude
Intermediate Crude


Joined: Jan 11, 2005
Posts: 580
Location: southern Wisconsin

PostPosted: Fri Sep 26, 2008 4:52 pm    Post subject: Re: Stop th Bailout!!! Restore the Republic!!! Add User to Ignore List Reply with quote

Preps in place, let 'er rip.
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jbrovont
Intermediate Crude
Intermediate Crude


Joined: Jun 16, 2006
Posts: 701

PostPosted: Fri Sep 26, 2008 4:58 pm    Post subject: Re: Stop th Bailout!!! Restore the Republic!!! Add User to Ignore List Reply with quote

Yup, get it over with. I've already seen the damage this crew does to everything they get to touch. I prefer the unknown to predictable failure.

retiredguy wrote:
Preps in place, let 'er rip.
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Daculling
Light Sweet Crude
Light Sweet Crude


Joined: Apr 12, 2005
Posts: 1361

PostPosted: Fri Sep 26, 2008 5:02 pm    Post subject: Re: Stop th Bailout!!! Restore the Republic!!! Add User to Ignore List Reply with quote

The longer this goes on the worse damage they do.

Bring it.
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Winners never quit and quiters never win, but those that never win and never quit are idiots.
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killJOY
Fission
Fission


Joined: Feb 21, 2005
Posts: 2510
Location: ^NNE^

PostPosted: Fri Sep 26, 2008 5:09 pm    Post subject: Re: Stop th Bailout!!! Restore the Republic!!! Add User to Ignore List Reply with quote

fVck it.

I have no debt and a cellar full of food.

I don't give a sh1t what the fumbducks do.
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jasonraymondson
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Fission


Joined: Jul 04, 2007
Posts: 2339
Location: The U.S.S.A

PostPosted: Fri Sep 26, 2008 6:17 pm    Post subject: Re: Stop th Bailout!!! Restore the Republic!!! Add User to Ignore List Reply with quote

Nothing is going to farking happen you de de de's

Nothing will be any different monday that it is today.
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retiredguy
Intermediate Crude
Intermediate Crude


Joined: Jan 11, 2005
Posts: 580
Location: southern Wisconsin

PostPosted: Fri Sep 26, 2008 6:56 pm    Post subject: Re: Stop th Bailout!!! Restore the Republic!!! Add User to Ignore List Reply with quote

Au contraire. If there is no bailout in sight by Sunday night, the week following will be a lot different from the week before.

Without new debt, the engine stops.
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Novus
Light Sweet Crude
Light Sweet Crude


Joined: Jun 21, 2005
Posts: 1750

PostPosted: Fri Sep 26, 2008 8:48 pm    Post subject: Re: Stop th Bailout!!! Restore the Republic!!! Add User to Ignore List Reply with quote

This Bailout scam is total bull. Yeah it if it goes through it will buy us a tiny bit of time but it will make the situation about ten times worse than it is now. At least now the dollar is still worth something and the US government is still seen as legitimate. This bail out is a suicide pill for the government and the country as a whole. This won't buy us 6 months. It will be more like 3 months before the wheels come off and then you will really see some Armageddon. I am talking total lights out in the dead of winter die-off type Armageddon.
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retiredguy
Intermediate Crude
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Joined: Jan 11, 2005
Posts: 580
Location: southern Wisconsin

PostPosted: Fri Sep 26, 2008 8:52 pm    Post subject: Re: Stop th Bailout!!! Restore the Republic!!! Add User to Ignore List Reply with quote

+1.

Postponing the inevitable will make it worse.
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TommyJefferson
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Joined: Aug 19, 2004
Posts: 1786
Location: Republic of Texas

PostPosted: Sat Sep 27, 2008 7:48 am    Post subject: Re: Stop th Bailout!!! Restore the Republic!!! Add User to Ignore List Reply with quote

Novus wrote:
At least now the dollar is still worth something and the US government is still seen as legitimate.


There's yer problem right there.
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TommyJefferson
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Joined: Aug 19, 2004
Posts: 1786
Location: Republic of Texas

PostPosted: Sat Sep 27, 2008 7:53 am    Post subject: Re: Stop th Bailout!!! Restore the Republic!!! Add User to Ignore List Reply with quote

retiredguy wrote:
Without new debt, the engine stops.


Without new heroin every day, the heroin addict will experience painful withdrawals, but will be healthier, smarter, and wealthier in the long run.

Heroin makes you feel GOOOOOOD. (for a little while)
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Shannymara
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Joined: Oct 04, 2004
Posts: 5720
Location: Body in OK, Heart in TX

PostPosted: Sat Sep 27, 2008 8:44 am    Post subject: Re: Stop th Bailout!!! Restore the Republic!!! Add User to Ignore List Reply with quote

retiredguy wrote:
Without new debt, the engine stops.

GOOD. Let's get this over with before it gets even worse. I'd love to have a chance to be alive to help my kid through it. The sooner the better.
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"Every junkie's like a setting sun..." - Neil Young
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efarmer
Intermediate Crude
Intermediate Crude


Joined: Mar 17, 2006
Posts: 510

PostPosted: Sat Sep 27, 2008 10:22 am    Post subject: Re: Stop th Bailout!!! Restore the Republic!!! Add User to Ignore List Reply with quote

We are a debtor nation. We need a little over 700 billion USD
a year to keep our government solvent. This comes from Asia
and other nations to a large extent. We have been able to
borrow this money on our reputation and credibility. We have
damaged these things. The bank wants collateral now, and
this is us. Uncle Sam needs to sign a note pledging 700
billion dollars worth of US butts, backs, and brains, for
another taste of that wonderful credit we have been
sucking up. The Chinese and Japanese have been working and saving and investing in you. A big plastic house with an SUV in
the driveway and a hot tub is not of use to them, they want
you to agree to work for them so they can retire on the
savings they have invested in you. Deal?

Comfort can be traded for freedom and it is very comfortable
until you have to pay up, and then it seem as if it is a moral
outrage, and is mostly the fault of the swine of Wall Street
who preyed on us lesser hogs and took advantage of us.

*edited once for a typo
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