FuzzNJ
14 years ago
Smart phones will soon have apps where you can pay by just waving your phone.

Soon you'll have to get the mark of the beast to buy stuff, 666 and all that, and then Jesus will come back and those who have the mark will be 'left behind' and tortured by god's plagues. Uh oh, I just heard a horse run by. Start rampaging!
DrafterX
14 years ago
šŸ¤”
what if we make Jesus stay.... God won't plague us and stuff if Jesus is still here right..??šŸ˜•
Brewha
14 years ago

:-k
what if we make Jesus stay.... God won't plague us and stuff if Jesus is still here right..??šŸ˜•

DrafterX wrote:



Damn! Did Jesus come back again?

I’m gonna loose big on some bets if this is true . . . .
rfenst
14 years ago

Smart phones will soon have apps where you can pay by just waving your phone.

Soon you'll have to get the mark of the beast to buy stuff, 666 and all that, and then Jesus will come back and those who have the mark will be 'left behind' and tortured by god's plagues. Uh oh, I just heard a horse run by. Start rampaging!

FuzzNJ wrote:



Stuff like that already exists and some gas stations (Mobil?) with their credit cards.


wheelrite
14 years ago
You idjits,,,

Our Dollar is a myth it's worthless...

Buy Corn,,,
jackconrad
14 years ago
Hemp Bullion
DrafterX
14 years ago

Damn! Did Jesus come back again?

I’m gonna loose big on some bets if this is true . . . .

Brewha wrote:




That's what I heard.... 😟
Stinkdyr
14 years ago
Hayzoose walks right here on earth amongst us.

Matter of fact, there are a few of them in my 'hood.


šŸ‡ØšŸ‡®
Brewha
14 years ago
I knew I guy name Jesus – he had low self-esteem and did not believe in himself.
I told him that was blasphemy . . . .
DrafterX
14 years ago
I thought being a cops son was tough.... just imagine being God's son.... 🤦
Brewha
14 years ago

I thought being a cops son was tough.... just imagine being God's son.... 🤦

DrafterX wrote:


Yeah, no smoking in the boys room for him . . . .
DadZilla3
14 years ago

It's gonna make all of my coin magic obsolete. Hard to pull 25 monetary units out of someone's ear.

Big_Bear wrote:


Not hard at all. The Federal Reserve just pulled about a trillion dollars out of its a$$.
Brewha
14 years ago
Zimm zala bim, ala kazam, behold the illusion of my disappearing ham.
Bend over . . . .
DrafterX
14 years ago

Not hard at all. The Federal Reserve just pulled about a trillion dollars out of its a$$.

DadZilla3 wrote:





🤣
FuzzNJ
14 years ago

Not hard at all. The Federal Reserve just pulled about a trillion dollars out of its a$$.

DadZilla3 wrote:



Much, much more than that. They lent something like 15 trillion to banks in overnight loans during the end of 08 in an attempt to stabilize the financial system.
DadZilla3
14 years ago

Much, much more than that. They lent something like 15 trillion to banks in overnight loans during the end of 08 in an attempt to stabilize the financial system.

FuzzNJ wrote:


Yep, and only about 585 trillion to go before all the derivative paper floating around in the world's financial system will be covered. šŸŗ
FuzzNJ
14 years ago

Yep, and only about 585 trillion to go before all the derivative paper floating around in the world's financial system will be covered. šŸŗ

DadZilla3 wrote:



From what I understand the derivatives market is several times larger than the entire world economy.

It's secret and unregulated. One party wants to stop more regulation and get rid of regulation. The other one wants to do less of that and add some more to cover stuff like this market. We need a government to regulate stronger, bring back glass steagall, and a bunch of other things that are over my head to prevent another economic blow up.

From after the new deal up to 1980 there weren't any big bubbles bursting, huge economic downturns etc. Then the Reagan administration started the whole deregulation thing and shifting the tax burden from the wealthy to the middle class. Since then the rich have gotten richer at an unprecedented clip and we've had several economic 'tragedies' that no one saw coming, which of course is bs.
DadZilla3
14 years ago

From what I understand the derivatives market is several times larger than the entire world economy.

It's secret and unregulated. One party wants to stop more regulation and get rid of regulation. The other one wants to do less of that and add some more to cover stuff like this market. We need a government to regulate stronger, bring back glass steagall, and a bunch of other things that are over my head to prevent another economic blow up.

From after the new deal up to 1980 there weren't any big bubbles bursting, huge economic downturns etc. Then the Reagan administration started the whole deregulation thing and shifting the tax burden from the wealthy to the middle class. Since then the rich have gotten richer at an unprecedented clip and we've had several economic 'tragedies' that no one saw coming, which of course is bs.

FuzzNJ wrote:


The derivatives market has grown almost unbelievably large. Our best chance at reigning in the OTC derivatives market in time came when Brooksley Born, new Clinton appointee to run the CFTC, tried to initiate some degree of regulation of that 'dark' market and was effectively shut down in a Washington turf war which was eventually won by laissez-faire economists Alan Greenspan, Larry Summers, and Robert Rubin. Deregulation continued unchecked through subsequent administrations in the US, the consequences of which the world faces today with a half quadrillion dollar derivatives market time bomb buried in its financial system.

Born's effort to regulate the OTC derivative market was actually shut down during the Clinton administration...not that subsequent administrations showed any real interest in regulating them either.

Call me paranoid but I think the Lehman Brothers bankruptcy and ensuing world financial market turmoil in 2008 wasn't the end of it, it was just one of the early tremors of a likely financial earthquake.
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