2009 Depression Validated

[edit on 8-2-2009 by tjeffersonsghost]

What Thursday is he referring to? The Infowars article indicates 9/15/2008 but that was a Monday.

delius

reply to post by delius


It would had to of been Sept 11th? Sounds right...by the time the Fed realized what was going on/who was up to what/how to explain it/ect it probley would of took that long to come up with a story to tell the Reps that sounded plausable...

Here's another opinion on what constitutes a Depression and is the US in one...nice explanation...sounds rational...and scarey true...this I highly recommend!!!

United States Progresses Down the Path to Depression
www.midasletter.com...

And here's the Price Tag so far to avoid it...

Economy rescue: Adding up the dollars
The government is engaged in an unprecedented - and expensive - effort to rescue the economy. Here are all the elements of the bailouts.
money.cnn.com...

Updates for February 09 2009

U.S. Delays Financial Plan as Officials Grapple With Toxic Debt
www.bloomberg.com...

Fed Lacks Consensus on Treasury Purchases Even as Yields Climb
www.bloomberg.com...

GM, Chrysler May Be Put Into Bankruptcy to Protect U.S. Loans
www.bloomberg.com...

U.S. Taxpayers Risk $9.7 Trillion on Bailouts as Senate Votes
www.bloomberg.com...


[edit on 2/9/2009 by Hx3_1963]

Headlines for February 10 2009

Obama: This isn't your 'run-of-the-mill recession'
www.cnn.com...

Stimulus Talks In Congress Could Take Much Longer
www.cnbc.com...

Wholesale Inventories Drop by Record 1.4% in December
www.cnbc.com...

Recession 'worst for 100 years'
news.bbc.co.uk...

JPMorgan Cracks Down on Unused Credit as Banks Free Up Capital
www.bloomberg.com...

Bad debt leads to big loss at UBS
news.bbc.co.uk...

Selling AIG to Scarce Buyers Is Mission Impossible for Reynolds
www.bloomberg.com...

Geithner’s Bank Rescue May Determine Effectiveness of Stimulus
www.bloomberg.com...

Euro Falls as Russian Banks Seek Government Role in Debt Talks
www.bloomberg.com...

King’s BOE Should Print Money in U.K., Fathom Says (Update1)
www.bloomberg.com...

ECB’s Mersch Opposed to Zero Interest-Rate Policy (Update2)
www.bloomberg.com...

Argentina’s Redrado Says Nations Should ‘Overreact’ on Stimulus
www.bloomberg.com...

California may have to cut prison population by 40 percent
www.cnn.com...

General Motors Cutting 10,000 Jobs, Reducing Pay as Much as 10%
www.bloomberg.com...

Losses Mount on Credit Cards for Retailers
www.cnbc.com...

[edit on 2/10/2009 by Hx3_1963]

Headlines for February 11 2009

Bernanke Testifies on Liquidity
www.cspan.org...

New Bailout May Tip Scales At $1 Trillion
www.cbsnews.com...

Stocks Skid As Gov't Unveils Bailout Plan
www.cbsnews.com...

Bond Risk Rises After Geithner Warns Bank Rescue to ‘Take Time’
www.bloomberg.com...

Bernanke Begins ‘Thorough Review’ of Fed Disclosure (Update1)
www.bloomberg.com...

OK, That's Your Plan—Now Where's The Money?
www.cnbc.com...

Congress is just now starting to ask the same questions we are...

How much are we really taking about?
When did all this take place?
Who's involved?
What are the consequences?

Pimco Says World Economic Crisis Faces ‘Second Wave’ (Update2)
www.bloomberg.com...

China Needs U.S. Guarantees for Treasuries, Yu Says (Update1)
www.bloomberg.com...

China’s January Exports Fall 17.5%, Most in Almost 13 Years
www.bloomberg.com...

Dollar, Yen Gain a Second Day on Concern U.S. Plan Will Fail
www.bloomberg.com...

Slim’s Economic Forecasts Are Alarmist, Lozano Says (Update2)
www.bloomberg.com...

Schwarzenegger says state worker layoffs looming
www.cnn.com...

[edit on 2/11/2009 by Hx3_1963]

"Walk on Washington"...Time for Voices to make a Difference Again!
www.abovetopsecret.com...

reply to post by dooper


Depression started September 15, 2008 and recession started started December 2007 with dumbass Bush's admin. He is to blame.

Headlines for February 12th 2009

The economic crisis is even worse than Obama admits.
www.newsweek.com...

U.S. Lawmakers Agree on $789 Billion Stimulus Plan (Update4)
www.bloomberg.com...

Obama’s Stimulus Not Enough to Stop Biggest GDP Drop Since 1946
www.bloomberg.com...

Fed in Talks to Add Primary Dealers as Sales Rise to Record
www.bloomberg.com...

McEwen, Goldcorp Founder, Bets Crisis Will Drive Gold to $5,000
www.bloomberg.com...

Geithner’s $1 Trillion Plan May Not Save Commercial Real Estate
www.bloomberg.com...

U.S. Foreclosures Top Quarter-Million for 10th Straight Month
www.bloomberg.com...

RBS Banking Retreat Reveals Financial Protectionism (Update1)
www.bloomberg.com...

‘Dead’ Russian Bond Market’s 80% Yields Squeeze Firms (Update2)
www.bloomberg.com...

Australia Senate Rejects A$42 Billion Economic Stimulus Package
www.bloomberg.com...

Nigerian Currency Trading Halted on Bank Restrictions (Update1)
www.bloomberg.com...

Bank of Korea Cuts Rate to 2%, Sees Room for Further Reduction
www.bloomberg.com...

Canada Has First Trade Deficit Since 1976 on Exports (Update3)
www.bloomberg.com...

Japan’s Economy Probably Shrank by Most Since 1974 (Update1)
www.bloomberg.com...

Japan Wholesale Prices Fall, Deflation Looms
www.cnbc.com...

Asian Borrowing Costs to Rise as Governments Widen Debt Sales
www.bloomberg.com...

China’s New Loans Rise by Record on Stimulus Efforts (Update2)
www.bloomberg.com...

Ireland’s Government Injects EU7 Billion to Salve Biggest Banks
www.bloomberg.com...

ECB’s Papademos Says March Interest Rate Cut May Be Appropriate
www.bloomberg.com...

EU to Hold Summits on Economic Crisis, Protectionism (Update1)
www.bloomberg.com...

Sarkozy’s Go-It-Alone Aid Plan Defies EU Rules, Risks Reprisals
www.bloomberg.com...

‘Time Bomb’ Ticks in Hungary as Roma Tension Rises (Update1)
www.bloomberg.com...

Chavez Puts Venezuelan Government Behind Bid to Stay in Power
www.bloomberg.com...

Moody’s May Downgrade Dubai Companies If Abu Dhabi Acts Alone
www.bloomberg.com...

The following is a list of companies whose shares may have unusual price changes in Markets. Stock symbols are in parentheses after company names. Share prices are from the last close.
www.bloomberg.com...
www.bloomberg.com...
www.bloomberg.com...
www.bloomberg.com...
www.bloomberg.com...
www.bloomberg.com...
www.bloomberg.com...
www.bloomberg.com...

[edit on 2/12/2009 by Hx3_1963]

MAYBE THIS IS THE WRONG FORUM BUT IVE SAID IT ONCE AND I WILL SAY IT AGAIN,LEGALIZE MARIJUANA, PLACE A TAX ON IT AND REGULATE IT THE NATIONAL DEFICIT WILL BE PAID OFF IN NO TIME WITH EXTRASURPLUS!

THAT IS THE ONLY WAY TO BRING THE AMERICAN ECONOMY BACK TO LIFE QUICKLY AS CALIFORNIA MARIJUANA IS HIGHLY REGARDED WORLD WIDE AND MARIJUANA LIKE IT OR NOT IS CALIFORNIA'S #1 CASH CROP YEARLY!!!!!

HERE IS A FACT AMERICAN MARIJUANA PRODUCTION IS A MULTITRILLION DOLLAR MAKING OPERATION TO BEGIN WITH HOW CAN WE POSSIBLY LOSE???

END MARIJUANA PROHIBITION TO STIMULATE THE AMERICAN ECONOMY!!!!

[edit on 12-2-2009 by Electricgypsy]

I think we've ducked and dodged this thing for long enough...It's bound to happen soon if things continue down the path they are. I place all the blame in the government- dumb decisions, wrong people getting tax payers money,mindless squabbling instead of making a decision for the good of the people....the list goes on. They are the disease and cure. Unfortunately, things don't change overnight. We may potentially be looking at a few years of this, if not decades perhaps even!

The problem I have is the speed and timing of this "depression"... it coincides well with the handing off of the presidency. There is a New World Order, and a New World Financial Order in the works, and to bring this about, the old system has to be destroyed.

That is where we are right now, the absolute man-made destruction of the old economic system, to create mass poverty, mass suffering so that the solution to the problem will seem like a blessing.

This is a financial power struggle, it is an act of war against us the people. This is economic warfare and we the people are the intended targets. It's a financial blitzkrieg. I wish we could all wake up and see that is all a con, and we are being manipulated into a global restructering.

Commentary: Obama should have told us the whole sad truth
www.cnn.com...

Jobless Numbers Hover Around 5 Million
www.cbsnews.com...

Home prices plunge to 30-year low
money.cnn.com...

GM Bankruptcy In Bondholders' Hands
www.cbsnews.com...

Now...Who didn't see this coming?

Also I'm noticing Oil is down below $35 a Barrel Today, yet, Gas has been going up lately due to Refiner Cut Backs...can any say more Price Gouging?

Europe Fears Wave of Protectionism
www.businessweek.com...

India-China Trade Tensions Rise
www.businessweek.com...

UBS Suffers Worst Loss in Swiss History
www.businessweek.com...





[edit on 2/12/2009 by Hx3_1963]

Originally posted by Hx3_1963
reply to post by SLAYER69

 

It won't matter...they'll have to pump in up to $60 Trillion to convince the CDO/CDS holders (Shadow Bankers) that it's safe to come out and play again. The clock is ticking...interest payments on Commercial/Municipal bonds are coming due...businesses/states are broke...banks can't keep enough capitol to cover their future losses and won't lend (insolvent). I'm afraid you can't get credit at any price...even if ya could afford it you would soon be to poor to pay on it once again at this rate.

I'm starting to wonder if they are not the cause of this mess you know when you have all the money the next game in town is power over the masses!


I've also created a thread regarding the World Economic summit good stuff plenty to read and watch.

The Fight for Global Dominance begins

[edit on 12-2-2009 by SLAYER69]

reply to post by SLAYER69


That's what a lot of Threads here are leaning toward.

Conspiracies of Global Electronic Financial Hacking led to a March 17th 2008 Secret Closed Door Meeting of Congress warning of a Global Breakdown.

How worldwide economic collapse was averted
www.abovetopsecret.com...

[edit on 2/12/2009 by Hx3_1963]

US May Start Subsidizing Some Mortgage Payments
www.cnbc.com...

Stimulus Package Fails To Unite Parties
www.cbsnews.com...

Stimulus Bill Rekindles New Deal Debate
www.cbsnews.com...

Average American Net Worth Drops 23%
www.cbsnews.com...

BOJ's Shirakawa Says G7 Must Help World Economy
www.cnbc.com...

G-7 Takes ‘Back Seat’ as Financial Crisis Pushes G-20 to Fore
www.bloomberg.com...

China Cut to ‘Neutral,’ Taiwan Rating Raised at UBS (Update1)
www.bloomberg.com...

Rio’s Bond Risk Jumps as Asia Credit-Default Swap Index Climbs
www.bloomberg.com...

Russia Reserves Drop; Banks Convert Currency Accounts (Update1)
www.bloomberg.com...

Latvia May Lead 50% Devaluation in Baltic Currencies, BBH Says
www.bloomberg.com...

Ukraine’s Debt Rating Cut by Fitch on Crisis Risk (Update1)
www.bloomberg.com...

French Economy Contracted Most In at Least Three Decades
www.bloomberg.com...

Merkel’s Stimulus Plan Faces Growing Objections in Parliament
www.bloomberg.com...

Indian Rupee to Reach Record Low of 54 by Year-End, HSBC Says
www.bloomberg.com...

Chilean Move to Slash Lending Rate Signals Concern on Economy
www.bloomberg.com...

Emirates NBD Fourth-Quarter Profit Dives 99% as Provisions Jump
www.bloomberg.com...

UK's Serious Fraud Office to Probe AIG Unit
www.cnbc.com...

FBI strained by fraud probes
money.cnn.com...

"Great Recession" seen lasting 3 years, experts say
www.reuters.com...

Global Confidence Weakens as Slump Deepens, Job Losses Mount
www.bloomberg.com...

Fiscal Crisis Is Urgent Security Concern, Blair Says (Update1)
www.bloomberg.com...

Hartford Falls After Ouster From U.S. Commercial Paper Program
www.bloomberg.com...

European Government Bonds Gain as Industrial Production Slumps
www.bloomberg.com...

Japan’s 10-Year Bonds Head for Biggest Weekly Gain This Year
www.bloomberg.com...

European banks may need 16.3 trillion bail-out, EC document warns
European bank bail-out could push EU into crisis
www.telegraph.co.uk...

European banks' toxic debts risk overwhelming EU governments
www.telegraph.co.uk...

European disunion: Is the EU cracking up?
blogs.telegraph.co.uk...

Toyota Plans More North American Output Cuts, Buyouts (Update1)
www.bloomberg.com...

Nissan’s Loss May Widen Even as Carmaker Slashes Jobs (Update1)
www.bloomberg.com...

The following companies may have unusual price changes in Trading. Stock symbols are in parentheses, and share prices are from the previous close.
www.bloomberg.com...
www.bloomberg.com...

Things are not looking good over seas...


[edit on 2/12/2009 by Hx3_1963]

Headlines for February 13 2009

Ailing U.S. banks may require more aid to stay solvent: report
www.reuters.com...

Japan Banks to Need Government Money Amid Stock Rout, RBS Says
www.bloomberg.com...

Merkel May Nationalize Hypo; Flowers Talks Resume (Update1)
www.bloomberg.com...

Lloyds Tumbles on HBOS’s 10 Billion-Pound Pretax Loss (Update3)
www.bloomberg.com...

A MUST READ...some nice Cussing

Angry America And The Bailout
www.cbsnews.com...

Stimulus Would Alter Depression-Era Unemployment Benefit System
www.bloomberg.com...

Analysts: Stimulus Plan Won't Offer Quick Economic Turnaround
www.foxnews.com...

U.S. Economy: Consumer Sentiment Approaches Lowest Since 1980
www.bloomberg.com...

Allies Worry Protectionist Measures in Stimulus Bill May Spark Trade War
www.foxnews.com...

If Violence Escalates in Mexico, Texas Officials Plan to Be Ready
www.foxnews.com...

Euro Zone Suffers Biggest Contraction on Record
www.cnbc.com...

Germany, France, Italy Suffer Dramatic GDP Falls
www.cnbc.com...

Europe Needs to Act on East Europe Bank Exposure, Nomura Says
www.bloomberg.com...

Priciest Mexican Stocks in a Decade Signal Losses (Update1)
www.bloomberg.com...

OPEC Reduces Oil Demand Forecast as Recession Deepens (Update1)
www.bloomberg.com...

[edit on 2/13/2009 by Hx3_1963]

******* DO as governments and bankers DO *******

EVERYBODY PRINT MONEY !!!

We're going to have 5 million people printing money.
What can the f**king corrupt govts and banks do?
Nothing!

So let the party begin.
Everybody print money.
Collapse the corrupt money system.
Activate The Venus Project!

Final Leg: Senate Tackles Stimulus Bill
House Passes $787B Economic Plan - Approved In 246-183 Vote - With No GOP Votes
www.cbsnews.com...

Congress sends $787 billion stimulus to Obama
www.msnbc.msn.com...

U.S. consumers, economists unanimously grim
www.reuters.com...

Recession leaves many in employment limbo
www.msnbc.msn.com...

Executive Pay Caps Disappear From Stimulus Bill
www.foxnews.com...

Citi, M. Stanley may pay $3 billion to keep brokers: report
www.reuters.com...

Bush Just Escapes Being $5-Trillion Man
www.cbsnews.com...

Trillions From Heaven?
www.cbsnews.com...

White House closes in on housing plan
www.msnbc.msn.com...

White House cautions realism over Obama housing plan
www.reuters.com...

U.S. mortgage rescue plan cheers some, angers others
www.reuters.com...

JPMorgan, Citigroup halting foreclosures
www.msnbc.msn.com...

Jump In Suicides Spurs Army Stand Down
www.cbsnews.com...

U.S. Auto-Parts Suppliers Seek $18.5 Billion in Aid (Update2)
www.bloomberg.com...

Auto Workers’ 54-Year Safety-Net Pay May Be Scrapped in Talks
www.bloomberg.com...

G-7 Vows To Restore Confidence in Bank System, World Economy
www.bloomberg.com...

U.S. Stocks Drop on Concern Over Bank Losses; Wells Fargo Falls
www.bloomberg.com...

Four U.S. Banks Seized, Bringing Total for Year to 13 (Update1)
www.bloomberg.com...

‘Another Day, Another Scandal’ as Irish Bankers Exit (Update2)
www.bloomberg.com...

BOE Sets Rates on First Commercial Paper Purchases (Update4)
www.bloomberg.com...

Darling Considering Ways to Support Lloyds After Shares Plunge
www.bloomberg.com...

Seems England has the Same Problem as the US.

Bank of America/Merrill Lynch...Lloyds/HBOS...

Big Troubled Banks Buying Slightly Smaller Troubled Banks, then finding out about even Larger than Realized Losses, which Drag them both Down.

Guangdong Expects Slowest Growth in 30 Years, Morning Post Says
www.bloomberg.com...

Hong Kong Image Suffers Blow From Public Spat Over ‘Blackout’
www.bloomberg.com...

Rio Investors ‘Deeply Concerned’ on Deal, Group Says (Update2)
www.bloomberg.com...

U.S. oil jumps 10 percent on stimulus hopes
www.reuters.com...

Persian Gulf Tanker Rates May Extend Advance on Lack of Ships
www.bloomberg.com...

Mexicans Looks Homeward as U.S. Job Opportunities Fade, WSJ Says
www.bloomberg.com...

[edit on 2/13/2009 by Hx3_1963]

reply to post by dooper


That is exactly why the stimulus packages should be going to the people and NOT the banks.

Great point!