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	<title>Comments on: Concern Mounts About FDIC Deposit Fund; Roubini Says, &#8220;They&#8217;re Going to Run Out of Money, with Certainty&#8221;</title>
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	<description>news - analysis - conspiracies</description>
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		<title>By: Eileen</title>
		<link>http://cryptogon.com/?p=2976&#038;cpage=1#comment-13578</link>
		<dc:creator>Eileen</dc:creator>
		<pubDate>Mon, 21 Jul 2008 06:18:14 +0000</pubDate>
		<guid isPermaLink="false">http://cryptogon.com/?p=2976#comment-13578</guid>
		<description>@Loveandlight-
 Maybe that&#039;s what all those plastic coffins are for/ Heh Heh.
 Deal with the die of when the Federal government finally stops printing money.
 The U.S. Goverment already has no more money to spend.
 What&#039;s that equation from accounting:
 Your Assets have to equal Liabilities plus Owner&#039;s Equity.
 The version on the U.S. Government balance sheet is somewhat different. But not that much that there isn&#039;t a gawd damn equation that has never balanced.
 But then there has never been a FULL ACCOUNTING - verily, for the Pentagon. YAWN. What&#039;s $3 what is it now trillion and counting? YAWN.
 There is a roomful of douchebags somewhere out there dreaming up ways to cook the government books well past their &quot;overdone&quot; stage.
 How many ways can you say &quot;there is no more milk to be had from this cow? - or there are no more eggs to be had from this chicken?
 I don&#039;t know how many versions of the same I have written the same thing. IMAGINE. THE U.S. IS BANKRUPT.
 All those welfare checks, bailouts, etc. its just FUNNY MONEY TRANSACTIONITonism.
 Its a disease of deceipt and treachery.
 I for one don&#039;t think the U.S. goverment bankruptcy will be televised. It will be something like a scene from the movie &quot;Brazil&quot; where TV&#039;s monitor or every move, and you can never turn your tv off or be branded as a traitor.
I also like V for Vendetta.
 Yes I am a black minded thought thinker.
But I don&#039;t think I&#039;m a fool.</description>
		<content:encoded><![CDATA[<p>@Loveandlight-<br />
 Maybe that&#8217;s what all those plastic coffins are for/ Heh Heh.<br />
 Deal with the die of when the Federal government finally stops printing money.<br />
 The U.S. Goverment already has no more money to spend.<br />
 What&#8217;s that equation from accounting:<br />
 Your Assets have to equal Liabilities plus Owner&#8217;s Equity.<br />
 The version on the U.S. Government balance sheet is somewhat different. But not that much that there isn&#8217;t a gawd damn equation that has never balanced.<br />
 But then there has never been a FULL ACCOUNTING &#8211; verily, for the Pentagon. YAWN. What&#8217;s $3 what is it now trillion and counting? YAWN.<br />
 There is a roomful of douchebags somewhere out there dreaming up ways to cook the government books well past their &#8220;overdone&#8221; stage.<br />
 How many ways can you say &#8220;there is no more milk to be had from this cow? &#8211; or there are no more eggs to be had from this chicken?<br />
 I don&#8217;t know how many versions of the same I have written the same thing. IMAGINE. THE U.S. IS BANKRUPT.<br />
 All those welfare checks, bailouts, etc. its just FUNNY MONEY TRANSACTIONITonism.<br />
 Its a disease of deceipt and treachery.<br />
 I for one don&#8217;t think the U.S. goverment bankruptcy will be televised. It will be something like a scene from the movie &#8220;Brazil&#8221; where TV&#8217;s monitor or every move, and you can never turn your tv off or be branded as a traitor.<br />
I also like V for Vendetta.<br />
 Yes I am a black minded thought thinker.<br />
But I don&#8217;t think I&#8217;m a fool.</p>
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		<title>By: Loveandlight</title>
		<link>http://cryptogon.com/?p=2976&#038;cpage=1#comment-13569</link>
		<dc:creator>Loveandlight</dc:creator>
		<pubDate>Sun, 20 Jul 2008 16:34:30 +0000</pubDate>
		<guid isPermaLink="false">http://cryptogon.com/?p=2976#comment-13569</guid>
		<description>&quot;A small fraction&quot;?  Usually that means ten percent or less.  So if only about 5.3G were available and the IndyMac bailout cost 4G, well then...  So where is that other 47.7G if it is there in paper but not &quot;available&quot;?

The FDIC is not the only paper fiction of the government.  Last night on reddit I read a comment by a person in the USA who had fallen into deep poverty from middle-class status after a job loss who described the social-welfare safety-net here as largely a paper-fiction because they make it very difficult to access.

I remember reading somewhere that much of what passes for gainful employment in the USA is the direct or indirect result of Federal Government spending.  I wonder what&#039;s going to happen when the Federal Government doesn&#039;t have any more money to spend because the people and instituions who have been buying our treasury bonds don&#039;t want to flush any more of their money down the toidy?</description>
		<content:encoded><![CDATA[<p>&#8220;A small fraction&#8221;?  Usually that means ten percent or less.  So if only about 5.3G were available and the IndyMac bailout cost 4G, well then&#8230;  So where is that other 47.7G if it is there in paper but not &#8220;available&#8221;?</p>
<p>The FDIC is not the only paper fiction of the government.  Last night on reddit I read a comment by a person in the USA who had fallen into deep poverty from middle-class status after a job loss who described the social-welfare safety-net here as largely a paper-fiction because they make it very difficult to access.</p>
<p>I remember reading somewhere that much of what passes for gainful employment in the USA is the direct or indirect result of Federal Government spending.  I wonder what&#8217;s going to happen when the Federal Government doesn&#8217;t have any more money to spend because the people and instituions who have been buying our treasury bonds don&#8217;t want to flush any more of their money down the toidy?</p>
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