Debt and Inflation poll

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I currently live outside the country and made it a point years ago to NOT follow the news on a regular basis. I went from an activist (in my mind at least) to just feeling burned out. There are some things that you just can't change. Sometimes people need to be hit upside the head before they give credence to your rants.

What I do know is that the recession has hit many people.

My question to everyone is the following: Reply "1" or "2" for simplicity's sake for the question you most agree with. Fell free to elaborate if you want.

1- Do you believe that the media and the government are reporting the recovery honestly and that the worst is behind us?

or

2- Do you believe that the numbers are being fudged and that a double dip recession and possible hyper-inflation is likely?
#debt #economy #inflation #recession #recovery
  • Profile picture of the author Bill Farnham
    For the duration of this thread...2
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  • Profile picture of the author askloz
    2...

    re: 1, they are all democrats, even the republicans are too, they're just paid to keep the crap out there so they get more sponsorships for their commercials...

    what ever they say, believe the opposite.
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    • Profile picture of the author Kurt
      Some people just don't have a clue about what the phrase "no politics" means.

      If anyone really wants to know the answer to this question for themselves, as a cab driver how they are doing. They are the best real indicator of the econmony in their area.
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      • Profile picture of the author Alexa Smith
        Banned
        Originally Posted by renangll View Post

        I currently live outside the country
        Which country?

        Sorry, but it's an international forum with over 300,000 members all over the world. Neither your post nor your profile contains a clue to which country you're asking about. Are you asking everyone to answer your questions regarding the media and governments and economy of the countries we live in, or what? :confused:
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        • Profile picture of the author Devid Farah
          Originally Posted by renangll View Post


          I currently live outside the country and made it a point years ago to NOT follow the news on a regular basis.
          I agree with Alexa's point. At what country do you refer?
          Well first off,let me tell you that you did a right thing. News are manipulated so you will never find the truth on television.

          Originally Posted by renangll View Post


          There are some things that you just can't change.
          Hey, keep in mind that you can't change the world,but you can change yourself.

          Mahatma Gandhi said: "You must be the change you want to see in the world".

          Originally Posted by renangll View Post


          My question to everyone is...
          Regard your last question, Loz answered for me.

          Politicians are paid to keep the system "as is". Don't expect changes from politicians. They are masters in lies.
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      • Profile picture of the author askloz
        Exactly, my step-dad was one (amongst 3 other jobs he has/had).

        Originally Posted by Kurt View Post

        Some people just don't have a clue about what the phrase "no politics" means.

        If anyone really wants to know the answer to this question for themselves, as a cab driver how they are doing. They are the best real indicator of the econmony in their area.
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      • Profile picture of the author Bill Farnham
        Originally Posted by Kurt View Post

        econmony...
        Kurt, I think you coined a new word there.

        It actually makes sense...
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      • Profile picture of the author hardraysnight
        Originally Posted by Kurt View Post

        Some people just don't have a clue about what the phrase "no politics" means.

        If anyone really wants to know the answer to this question for themselves, as a cab driver how they are doing. They are the best real indicator of the econmony in their area.

        I have been to many countries and been in many more taxis, USA excluded.

        I have yet to find a taxi driver who does not plead poverty.
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        • Profile picture of the author seasoned
          Originally Posted by oncewerewarriors View Post

          I have been to many countries and been in many more taxis, USA excluded.

          I have yet to find a taxi driver who does not plead poverty.
          Frankly, I am still amazed that there are ANY taxi drivers in the US! If I tried it I would say:

          Let me get this straight....

          I need to get a special license? OK
          I need to pay for the gas? Ok...........
          I need to pay for the car lease? Are you KIDDDING ME?
          I need to pay for the medallion?
          I need to pay to be able to pick up at the airport?
          I have to wait a month for all credit card income?
          I take on nearly ALL risks?
          YOU own the car and make profit on most of the above, INCLUDING the base fee?

          There may be more, but MAN! And MOST taxicab drivers HATE credit cards. Many won't even ACCEPT them! Many others will ignore your calls, or not be too quick to help if you use a credit card. WHY? Because they may not see the money for a MONTH and you will use up resources they need to make money NOW! If you are say the fifth in line for a cab, they will pick YOU up FIRST if you have CASH!

          Steve
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          • Profile picture of the author Dennis Gaskill
            Originally Posted by seasoned View Post

            Frankly, I am still amazed that there are ANY taxi drivers in the US! If I tried it I would say:

            Let me get this straight....

            I need to get a special license? OK
            I need to pay for the gas? Ok...........
            I need to pay for the car lease? Are you KIDDDING ME?
            I need to pay for the medallion?
            I need to pay to be able to pick up at the airport?
            I have to wait a month for all credit card income?
            I take on nearly ALL risks?
            YOU own the car and make profit on most of the above, INCLUDING the base fee?

            There may be more, but MAN! And MOST taxicab drivers HATE credit cards. Many won't even ACCEPT them! Many others will ignore your calls, or not be too quick to help if you use a credit card. WHY? Because they may not see the money for a MONTH and you will use up resources they need to make money NOW! If you are say the fifth in line for a cab, they will pick YOU up FIRST if you have CASH!

            Steve
            You forgot the risk. It's one of the most dangerous professions there is in many countries.
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            • Profile picture of the author seasoned
              Originally Posted by Dennis Gaskill View Post

              You forgot the risk. It's one of the most dangerous professions there is in many countries.
              I DID say "I take on nearly all risks". That means collisions, theft, maintenance, and YEP, even being held at gun point. Practically the ONLY risks you don't take are subsequent problems, if the car is stolen, or liability if someone sues(assuming that you aren't required to get FULL insurance), registration defects, etc....

              Steve
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        • Profile picture of the author ThomM
          Originally Posted by oncewerewarriors View Post

          I have been to many countries and been in many more taxis, USA excluded.

          I have yet to find a taxi driver who does not plead poverty.
          If your pay was mostly tips, would you brag about how rich you are?
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          • Profile picture of the author Ken Strong
            Originally Posted by Dennis Gaskill View Post

            You forgot the risk. It's one of the most dangerous professions there is in many countries.
            Including in the U.S., where some reports claim it's more statistically dangerous than being a cop.

            Originally Posted by ThomM View Post

            If your pay was mostly tips, would you brag about how rich you are?
            Your pay is mostly cash (fares and tips), so when a passenger asks how business is (as they almost always do, just to make conversation), one of the first things you learn is to ALWAYS say it's been a crappy night... the last thing you want to do is broadcast that you're carrying a large amount of cash on you.
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  • Profile picture of the author seasoned
    For the US, I am saying #2. I'll leave it at that.

    Kurt,

    This DOES deal with the economy and marketing.

    Steve
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  • Profile picture of the author Charlotte Jay
    This is kind of toeing the line of politics, but hey I'll answer.

    No, I don't things are reported truthfully and honestly. And that's all I'm saying on this.
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  • Profile picture of the author HeySal
    Alexa does have a point. But I'm looking around asking if there's much difference from one country to the next anymore with govs trying to take everything global.

    2 and 2 and 2 and 2 and 2.............. nuff said.
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  • Profile picture of the author ejb2059
    Originally Posted by renangll View Post

    I currently live outside the country and made it a point years ago to NOT follow the news on a regular basis. I went from an activist (in my mind at least) to just feeling burned out. There are some things that you just can't change. Sometimes people need to be hit upside the head before they give credence to your rants.

    What I do know is that the recession has hit many people.

    My question to everyone is the following: Reply "1" or "2" for simplicity's sake for the question you most agree with. Fell free to elaborate if you want.

    1- Do you believe that the media and the government are reporting the recovery honestly and that the worst is behind us?

    or

    2- Do you believe that the numbers are being fudged and that a double dip recession and possible hyper-inflation is likely?

    There's no way they (feds) can report accurate stats as they don't know them nor can effectively obtain them!

    If the Feds told America the complete truth it would spark an immediate revolution..

    The "boys" on Capitol Hill / Wall Street & the Fed Reserve and the biggest liars, thieves, and cheats in the World bar none!

    It's high time all their crimes were exposed / made public & they were held accountable

    Rev
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    • Profile picture of the author artwebster
      Once upon a time in a land far, far away, there was an economy.
      The end.
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      • Profile picture of the author Alexa Smith
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        Originally Posted by artwebster View Post

        Once upon a time in a land far, far away, there was an economy.
        I have to say, this observation deserves a lot of thought, coming from a guy who lives in a town called "Coin". Don't tell me: before the banking crisis, it was called "Note"? :confused:
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    • Profile picture of the author HeySal
      Originally Posted by ejb2059 View Post

      There's no way they (feds) can report accurate stats as they don't know them nor can effectively obtain them!

      If the Feds told America the complete truth it would spark an immediate revolution..

      The "boys" on Capitol Hill / Wall Street & the Fed Reserve and the biggest liars, thieves, and cheats in the World bar none!

      It's high time all their crimes were exposed / made public & they were held accountable

      Rev
      Maybe the feds (gov) can't - but the FED (World Bank) not only can - they should be forced to tell the truth. We should have a choice whether to continue to fund that travesty or not. I'm thinking - NOT.
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      • Profile picture of the author myob
        The truth does not even matter any longer. And, there are lots of much better liars, thieves, and cheats in the world:

        "Our choice of a reform framework dictated that we looked at the fundamental assumptions that had driven Nigeria's economy, society and policy hitherto and to seek ways of either abandoning or transcending those assumptions and their supporting institutions."
        - General Ibrahim Babangida

        Although widely known to have presided over one of the most corrupt periods in Nigeria, no one in his regime were ever convicted or tried by the courts. Sounds a little familiar, doesn't it?
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      • Profile picture of the author seasoned
        Originally Posted by HeySal View Post

        Maybe the feds (gov) can't - but the FED (World Bank) not only can - they should be forced to tell the truth. We should have a choice whether to continue to fund that travesty or not. I'm thinking - NOT.
        All the fed can do is tell you things like the debt oevef the US, and affiliates so to speak, and dollars known to be in circulation. BTW look at the usdebt clock U.S. National Debt Clock : Real Time us total debt. Is there an emoticon here to show crying?

        myob,

        ICSM! Again, where is that emoticon?

        Steve
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        • Profile picture of the author myob
          Originally Posted by seasoned View Post

          myob,

          ICSM! Again, where is that emoticon?

          Steve
          Judging from all the emails I get from high government officials in Nigeria wanting to share their wealth, it is the extended middle finger.
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          • Profile picture of the author seasoned
            Originally Posted by myob View Post

            Judging from all the emails I get from high government officials in Nigeria wanting to share their wealth, it is the extended middle finger.
            NOPE, that is what they give ME, and many others, and THAT is why I want to cry, at least in the forum.

            Steve
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      • Profile picture of the author hardraysnight
        Talk to any Jamaican about the integrity of the world bank.
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        • Profile picture of the author TLTheLiberator
          Originally Posted by oncewerewarriors View Post

          Talk to any Jamaican about the integrity of the world bank.

          What does that mean???


          TL
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    • Profile picture of the author askloz
      they got an even better excuse now, since they took down building 5 in NYC, thats where they kept all the debt, corrupt, etc, records.

      over $2T of US's debt, expenditure, was in there too... how convenient.

      Originally Posted by ejb2059 View Post

      There's no way they (feds) can report accurate stats as they don't know them nor can effectively obtain them!
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      • Profile picture of the author Devid Farah
        "If the American people only understood the rank injustice of our money and banking system - there would be a revolution before morning..."
        - Andrew Jackson
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      • Profile picture of the author seasoned
        Originally Posted by askloz View Post

        they got an even better excuse now, since they took down building 5 in NYC, thats where they kept all the debt, corrupt, etc, records.

        over $2T of US's debt, expenditure, was in there too... how convenient.
        Well, you are taking like 1960s, where online backup and networks were RARE. YOU are talking about something that happened in 2001, when online backup and networks are SO common that probably 30% or more of those that have them don't even know it!!!! And it is STILL common! HOW common? Well, everyone on this system probably has it to some respect and, if the world were a 3' x 5' map, this system wouuld be like a pin prick. Internet use is huge, and those using networks is larger still.

        Steve
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  • Profile picture of the author Net66
    I live in the UK although did live in the US for almost 5 years and still keep an eye on US politics and news (we get the hilarious Fox News feed on Sateliite). I would say the answer for both those countries is "2".

    I too used to consider myself an 'activist' in many senses but also came to the realization you can't change the world situation. In the UK I have lived through a long run of Conservative government and also through a long run of the Labour party, and now am experiencing a the liberal/conservative mishmash. And you know what? All of them are the same and none of them are really capable of running a country.

    The good news is that you can change your own world. You have to work for yourself and then you have control. You need to change how you approach business depending on the economy but generally speaking my business does equally well in both boom and bust times. So from that point of view I don't really care what the media tell us or whether the figures are true or not. As long as I understand how people percieve and feel in the current climate I can adjust my strategies accordingly and continue to do well.

    Andy
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  • Profile picture of the author CaliChristian
    Oh, and top it off, the Labor Department releases the unemployment rate at 9.2%, basically the third month in a row of rising unemployment rates.
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    • Profile picture of the author Dennis Gaskill
      Originally Posted by in reply to the use of "econmony" Bill Farnham wrote View Post

      Kurt, I think you coined a new word there.

      It actually makes sense...

      Maybe we should go for the whole truth in advertising thing and just call it conmoney.


      ...and my answer is: to two too (Lauren) Tewes.
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  • Profile picture of the author seasoned
    Kurt,

    Why don't we just have allen shut the whole system down. This deals with the ECONOMY. If we should ignore any meaningful thing about that, IM and all other things mean nothing and deal with politics. In the main forum, for example, many talk about using some OTHER currency, abandoning the dollar, and following currency fluctuations.

    As for the poll here? look at the new, prices, etc... CLEARLY the answer is 2.

    Steve
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    • Profile picture of the author Kurt
      Originally Posted by Kurt View Post

      Some people just don't have a clue about what the phrase "no politics" means.

      If anyone really wants to know the answer to this question for themselves, as a cab driver how they are doing. They are the best real indicator of the econmony in their area.
      Originally Posted by seasoned View Post

      Kurt,

      Why don't we just have allen shut the whole system down. This deals with the ECONOMY. If we should ignore any meaningful thing about that, IM and all other things mean nothing and deal with politics. In the main forum, for example, many talk about using some OTHER currency, abandoning the dollar, and following currency fluctuations.

      As for the poll here? look at the new, prices, etc... CLEARLY the answer is 2.

      Steve
      Steve,

      The economy IS politics.

      Why don't you just learn that the INTENT of the rule is not to have topics that DIVIDE the COMMUNITY? Aren't you creative enough to have discussions about other topics?

      BTW, you forgot to quote Bill's post...I'll do it for you:

      For the duration of this thread...2
      What is Bill implying by "duration"? You think I'm the only one of the opinion this is POLITICAL?

      Now here's the very next post, which you also seemed to have skipped:

      2...

      re: 1, they are all democrats, even the republicans are too, they're just paid to keep the crap out there so they get more sponsorships for their commercials...

      what ever they say, believe the opposite.
      How is this NOT political?

      And as far as #2...Who do we blame for a double-dip recession? I could say more.
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  • Profile picture of the author TLTheLiberator
    I say #1:

    - The dept of labor reports on the jobs situation:

    - The fed reports on the money supply etc.

    We were even told about the Quantitative Easing program of the Fed, whereas the fed released/loaned even more money to the big banks - other than the big bailouts of 2008.

    Quantitative easing - Wikipedia, the free encyclopedia

    - The CBO (Congressional Budget Office) simply crunches the numbers and gives pretty accurate projections and effects of particular pieces of legislation.

    My faith in these institution is not blind.

    There is no good reason for these offices to lie about the numbers that everyone uses to gauge where the economy is.

    If the situation were even worse than it is, I'm sure at least one party would be crying about a cover up etc. - every time the numbers are released.

    The charts don't say we're close to a double dip yet.

    http://cr4re.com/charts/charts.html#...ssJune2011.jpg

    It's still a very bleak picture but we are not losing 700k jobs per month as we were doing in Jan of 2009.


    There's a lot of justified frustration out here but there is no proof that the major stats for this society are being fudged.

    TL
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  • Profile picture of the author KimW
    I took a cab recently because my car was in the shop and I had no choice.
    The driver spoke hardly any english and was borderline rude. Even though the ad on yellowpages.com said they took credit cards,he told me he didn't.
    He then said I would have to pay a $15 minimum for using a credit card even though the fair was only $10.50.
    I was tempted to report him,but then decided not to. Who knows if I will ever need a cab again,and it was hard enough to get this one to show up.
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    • Profile picture of the author ThomM
      Your pay is mostly cash (fares and tips), so when a passenger asks how business is (as they almost always do, just to make conversation), one of the first things you learn is to ALWAYS say it's been a crappy night... the last thing you want to do is broadcast that you're carrying a large amount of cash on you.
      Exactly Ken I have a friend here who used to drive a cab in the winter.
      Me told me another thing he did if the fare looked shady (which is almost everyone around here) was when they asked how his night was going he'd say they where his first fare.
      That was from a guy who went through a home invasion and put 3 of the 5 gang members in the hospital.
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    • Profile picture of the author seasoned
      Originally Posted by KimW View Post

      I took a cab recently because my car was in the shop and I had no choice.
      The driver spoke hardly any english and was borderline rude. Even though the ad on yellowpages.com said they took credit cards,he told me he didn't.
      He then said I would have to pay a $15 minimum for using a credit card even though the fair was only $10.50.
      I was tempted to report him,but then decided not to. Who knows if I will ever need a cab again,and it was hard enough to get this one to show up.
      The way I understand it, MOST taxicab drivers DON'T advertise. They also HATE taking cash. But they can't really manage all the hoops, etc....

      COMPANIES prefer credit cards as it simplifies book keeping, and reduces theft. And THEY don't want to drive, but DO manage the hoops.

      And THAT is probably why the phonebook said they accept credit cards and the driver didn't.

      I've had a LOT of experience here. Your chances of getting a cab triple or quadruple if you have cash.

      Steve
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