Gary, Oh, I got your point and I remember the Government making statements to effect that "if we let Nam fall, the Communist will ......." We know they were wrong. And as far as post 911 is concerned, we may never know. I do know that politicians never get credit for averting disaster!
My economic comments are not been based on our wonderful Government's propaganda, they are based on my own beliefs. Our monetary system works because: 1. The dollar is free flowing through the system. 2. We believe that the worn out pieces of paper we carry around with us have some value. Also, the person we trade the piece of paper to also believes it has some value. And if we had let the major banks fail: Let the major banks fail and item 1 stops - banks have to move money and the major banks are the major cash movers in this country. Letting them fail would be like taking out the main water mains feeding Atlanta or letting Lake Laneer dry up (it almost did, right?). Banks fund everything from the seed farmers need to plant in the spring to the food you buy at the grocery store. If this were to happen the Gov would have to react by printing money to finance everything - lots & lots of money - far more than they printed for the bailout. And since our dollar has no backing except for faith (item 2), once excessive printing crossed a critical point other counties would loose faith in the American dollar. Then the value of the Dollar would free fall & the cost of everything would go up just as sharply. Think this is all just BS? Study your history - the exact same scenario has played itself out over & over again in other countries. Thanks, Tom Hargrave www.kegkits.com 256-656-1924 -----Original Message----- From: mercedes-boun...@okiebenz.com [mailto:mercedes-boun...@okiebenz.com] On Behalf Of Gary Hurst Sent: Wednesday, March 18, 2009 7:43 AM To: Mercedes Discussion List Subject: Re: [MBZ] OT banned lite, Better not get hurt in war i guess i assume too much thinking you'd grasp my point. it would seem that hysterical gov't propaganda is generally a lie. nothing would happen if we gave up vietnam. we don't really need to be in a state of lock down after 9/11 and the a-rabs really aren't targeting your pig farm in arkansas for terrorist attack. so unless we give away this money in the next hour all civilization on earth will instantly and permanently end? or maybe we have once again been played for the chumps we are? On Wed, Mar 18, 2009 at 8:37 AM, Tom Hargrave <tharg...@hiwaay.net> wrote: > BZZT - we did! > > And its not the same, Nam is another country. > > Thanks, > Tom Hargrave > www.kegkits.com > 256-656-1924 > > > -----Original Message----- > From: mercedes-boun...@okiebenz.com [mailto:mercedes-boun...@okiebenz.com] > On Behalf Of Gary Hurst > Sent: Wednesday, March 18, 2009 7:31 AM > To: Mercedes Discussion List > Subject: Re: [MBZ] OT banned lite, Better not get hurt in war > > the same thing that would happen if we let vietnam fall to the commies? > > On Tue, Mar 17, 2009 at 8:38 PM, Tom Hargrave <tharg...@hiwaay.net> wrote: > > > Possibly, possibly not, but what would have happened to our economy and > the > > spending value of YOUR DOLLAR if they had been allowed to fail? > > > > Thanks, > > Tom Hargrave > > www.kegkits.com > > 256-656-1924 > > > > > > -----Original Message----- > > From: mercedes-boun...@okiebenz.com [mailto: > mercedes-boun...@okiebenz.com] > > On Behalf Of Wonko the Sane > > Sent: Tuesday, March 17, 2009 7:31 PM > > To: Mercedes Discussion List > > Subject: Re: [MBZ] OT banned lite, Better not get hurt in war > > > > I keep asking myself if the bonuses would have been paid -- or been > > obligated -- had AIG been allowed to go into bankruptcy or even shut > down. > > I > > think I know the answer, and that answer should determine what happens > > under > > what was essentially bankruptcy reorganization, with the government > buying > > and administering the assets. > > > > On Tue, Mar 17, 2009 at 7:23 PM, Peter Frederick > > <psf...@earthlink.net>wrote: > > > > > I love the argument that these bonuses were promised "by contract" -- > > what > > > about the fact that the company had to be rescued by the US government? > > I, > > > personally, would have reduced all salaries at all institutions taking > > the > > > money, either directly or as payment of contracts, to US GS rates as a > > > condition of bailing them out. No profits to anyone, no bonuses, not > > > dividends, nothing until all moneys repaid at interest, either. > > > > > > Peter > > > > > -------------- next part -------------- > > An HTML attachment was scrubbed... > > URL: > > < > > > http://okiebenz.com/pipermail/mercedes_okiebenz.com/attachments/20090317/c0 > > > 2b03e0/attachment.html< > http://okiebenz.com/pipermail/mercedes_okiebenz.com/a > ttachments/20090317/c0%0A2b03e0/attachment.html<http://okiebenz.com/pipermai l/mercedes_okiebenz.com/a%0Attachments/20090317/c0%0A2b03e0/attachment.html> > > > > > > > _______________________________________ > > http://www.okiebenz.com > > For new and used parts go to www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > > > To Unsubscribe or change delivery options go to: > > http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > > > No virus found in this incoming message. > > Checked by AVG. > > Version: 7.5.557 / Virus Database: 270.11.16/2005 - Release Date: > 3/16/2009 > > 7:01 PM > > > > > > No virus found in this outgoing message. > > Checked by AVG. > > Version: 7.5.557 / Virus Database: 270.11.16/2005 - Release Date: > 3/16/2009 > > 7:01 PM > > > > > > > > _______________________________________ > > http://www.okiebenz.com > > For new and used parts go to www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > > > To Unsubscribe or change delivery options go to: > > http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > > -------------- next part -------------- > An HTML attachment was scrubbed... > URL: > < > http://okiebenz.com/pipermail/mercedes_okiebenz.com/attachments/20090318/74 > 4a7c06/attachment.html<http://okiebenz.com/pipermail/mercedes_okiebenz.com/a ttachments/20090318/74%0A4a7c06/attachment.html> > > > _______________________________________ > http://www.okiebenz.com > For new and used parts go to www.okiebenz.com > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > No virus found in this incoming message. > Checked by AVG. > Version: 7.5.557 / Virus Database: 270.11.18/2008 - Release Date: 3/17/2009 > 4:25 PM > > > No virus found in this outgoing message. > Checked by AVG. > Version: 7.5.557 / Virus Database: 270.11.18/2008 - Release Date: 3/17/2009 > 4:25 PM > > > > _______________________________________ > http://www.okiebenz.com > For new and used parts go to www.okiebenz.com > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > -------------- next part -------------- An HTML attachment was scrubbed... URL: <http://okiebenz.com/pipermail/mercedes_okiebenz.com/attachments/20090318/eb 5caa93/attachment.html> _______________________________________ http://www.okiebenz.com For new and used parts go to www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com No virus found in this incoming message. Checked by AVG. Version: 7.5.557 / Virus Database: 270.11.18/2008 - Release Date: 3/17/2009 4:25 PM No virus found in this outgoing message. Checked by AVG. Version: 7.5.557 / Virus Database: 270.11.18/2008 - Release Date: 3/17/2009 4:25 PM _______________________________________ http://www.okiebenz.com For new and used parts go to www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
