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RELIGION, CURRENT EVENTS, TECHNOLOGY Subscribe to the breaking newsWhat is RSS?
FRONT PAGE  |  7/10/2014
SATURDAY, MAY 29, 2010  |  27 comments
US money supply plunges at 1930s pace
The M3 figures - which include broad range of bank accounts and are tracked by British and European monetarists for warning signals about the direction of the US economy a year or so in advance - began shrinking last summer. The pace has since quickened.

The stock of money fell from $14.2 trillion to $13.9 trillion in the three months to April, amounting to an annual rate of contraction of 9.6pc. The assets of insitutional money market funds fell at a 37pc rate, the sharpest drop ever.


CLICK HERE to Read Entire Article
www.telegraph.co.uk

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COMMENTS | show all | add new  
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· Page 1 ·  Found: 27 user comment(s)
News Item6/6/10 6:04 PM
Jessica Dawson | Canada  Find all comments by Jessica Dawson
Matthew 6:19-21 Lay not up for yourselves treasures upon earth, where moth and rust doth corrupt, and where thieves break through and steal: But lay up for yourselves treasures in heaven, where neither moth nor rust doth corrupt, and where thieves do not break through nor steal: For where your treasure is, there will your heart be also
27

News Item6/6/10 5:17 PM
Guinness  Find all comments by Guinness
Realist wrote:
Socialist!!
What definition of socialism are you using tonight O calm one?
26

News Item6/6/10 4:55 PM
nomenclature  Find all comments by nomenclature
Guinness wrote:
FYI1 I am not now nor ever have been "Name Tagger".
FYI2 Your hysterical outbursts and wild accusations show you to be anything other than a realist.
FYI3 You have little teach anyone about politics. Poly-nicks are more your field of expertise.
1) Fascinating??? Why you declared this to me I don't know but thankyou anyway. I merely picked out a couple of relevant words from your post, is all.
2) "Hysterical"??? - Why I sit here completely calmly and put my responses in.
3) You really appear to get quite emotional sometimes Guinness. Stay calm, meditate on Scripture and chill for a while. This may help.

# Tune up your sense of humour to a decibel above your militancy. And just enjoy the ride.

God be with you and have a good week.

25

News Item6/6/10 4:30 PM
Guinness  Find all comments by Guinness
FYI1 I am not now nor ever have been "Name Tagger".

FYI2 Your hysterical outbursts and wild accusations show you to be anything other than a realist.

FYI3 You have little teach anyone about politics. Poly-nicks are more your field of expertise.

24

News Item6/6/10 10:55 AM
Realist  Find all comments by Realist
Poly-ticks the Great student wrote:
Name Tagger
Socialist!!
23

News Item6/5/10 9:56 PM
Poly-ticks the Great student  Find all comments by Poly-ticks the Great student
HooZat wrote:
Anyway we wuz only tryin t' teach Guinness poly-ticks.
Arthur wrote:
SermonAudio
The further "explanation" of Name Tagger is insufficient also and I wish to pursue the question. I would be glad of some kind of a response from you on this problem.
Name Tagger
It may be that I am not getting an answer from SA, because of this being the holiday season. Should I not get an answer I will continue to question your action with them in the new year...
SermonAudio
"Name Taggers" explanation below is insufficient. Two of the aliases I used were to post, cut/paste information from other people's site sources, thus would bare no resemblance to my personal characteristics.
If this alias link information is not publically available by SermonAudio itself, then "Name Tagger" is getting it electronically or from your staff.
Thankyou...
SermonAudio
"Name Tagger's" first post at 12/20/06 11:03AM Linked together several pseudonym's/aliases.
Questions:-
Does your privacy policy allow this access to information such as this, to be publically available.?
Or
Is Name Tagger "hacking" into your system to obtain this information.
Or
Does she have access to your mainoffice/staff to obtain this information.
Thankyou.
22

News Item6/1/10 6:39 PM
Mike | New York  Find all comments by Mike
HooZat wrote:
---
Welcome back BTW
Talking about Pigs.
Did you know that in political science that some pigs are more equal than others.
Or Well did you not know?
Thanks. I see nothing has changed in the last week. Specially over there in the debate between the onlyists. It was nice being among the horse and buggy folk for awhile.

More equal? I heard the Berkshires are indeed more equal. And the money supply plunges at 1930's pace. (A bone to the topic )

21

News Item6/1/10 3:17 PM
HooZat  Find all comments by HooZat
Mike wrote:
Arguing over the "real" differences and definitions of Liberalism, Socialism, Fascism, Nazism, Communism, etc. is like trying to decide which pig manure smells less: that from the Razorback, Chester White, Essex, or the Vietnamese Pot-Belly. Relative stink is still stink.
Aaaww stop being so racist Mike.
What about the
Lacombe
Mulefoot
Norwgian Landrace
Ossabaw Island
And
The Red Wattle.

Anyway we wuz only tryin t' teach Guinness poly-ticks.

Welcome back BTW

Talking about Pigs.
Did you know that in political science that some pigs are more equal than others.

Or Well did you not know?

20

News Item6/1/10 2:15 PM
Guinness  Find all comments by Guinness
Mike wrote:
Arguing over the "real" differences and definitions of Liberalism, Socialism, Fascism, Nazism, Communism, etc. is like trying to decide which pig manure smells less: that from the Razorback, Chester White, Essex, or the Vietnamese Pot-Belly. Relative stink is still stink.
Hi Mike - Agree with that!
Illustrates the value of defining one's terms and of folks then using them consistently and without partiality in that same context.

Regarding the actual news article rather than the local rhetoric ...
it is rather obvious that if a recession is caused by a credit bubble - for the private sector can demonstrably 'print more money' even more voraciously than government! - then the necessary correction to that reckless and excessive behaviour would be a contraction of available credit and supply of money in the economy.

A contraction of the money supply is therefore actually what most folks commenting on sermonaudio forums are demanding whether they realise it or not.

A Keynesian would be more concerned about the loss of the multiplier effect on both public sector and private sector spending, and would be concerned about the "paradox of thrift".

19

News Item6/1/10 1:29 PM
Mike | New York  Find all comments by Mike
Arguing over the "real" differences and definitions of Liberalism, Socialism, Fascism, Nazism, Communism, etc. is like trying to decide which pig manure smells less: that from the Razorback, Chester White, Essex, or the Vietnamese Pot-Belly. Relative stink is still stink.
18

News Item6/1/10 11:45 AM
pundit  Find all comments by pundit
Guinness wrote:
BOTH Bush and Obama demonstrated belief in the state control (without ownership) of private property. The technical term for that philosophy is fascism.
Stout fellow Guinness.

Since Dictionary she say.....

"Fascism::- a governmental system led by a dictator having complete power, forcibly suppressing opposition and criticism, regimenting all industry, commerce, etc., and emphasizing an aggressive nationalism and often racism."

This adequately describes the Obama administration of the evil Liberalism he has collected under him.

But Bush is a Republican = "GOP" -
So he cannot be a socialist or a Liberalist or anything bad.

Compare the declining empire of British.
Conservative is good.
Labour is bad.
Liberal Dem is evil.

The evidence of this is history.

Authority is Republican/Conservative.

Workers united in confusion and beguiled is Labour/Socialism.

Anarchy is pure Liberalism.

“Our government teaches the whole people by its example. If the government becomes the lawbreaker, it breeds contempt for law; it invites every man to become a law unto himself; it invites anarchy.”
(Louis D. Brandeis)

17

News Item5/31/10 9:54 PM
Tony Lopez-Cisneros  Find all comments by Tony Lopez-Cisneros
The Telegraph Article Where Sermonaudio Got Their Title "US money supply plunges at 1930s pace" Is Actually & FULLY Entitled :"US Money Supply Plunges At 1930s Pace As Obama Eyes Fresh Stimulus"--

Therefore This Article Is About The Quack & Bogus "U.S. President" Barack Hussein Obama & His Monitary-Supply Manipulaltion Which Affects The U.S.A.'s & The World's "Buying & Selling" Ala The Global "Buying & Selling" Contol The BEAST Of Revelation 13 Wiil Have Over All Living On Planet Earth:

"And He Causeth All, Both Small And Great, Rich And Poor, Free And Bond, To Receive A Mark In Their Right Hand, Or In Their Foreheads:

And That No Man Might Buy Or Sell, Save He That Had The Mark, Or The Name Of THE BEAST, Or The Number Of His Name." Revelation 13:16&17

Now Listen To JACK HYLES PREDICTED THE RISE OF BARACK OBAMA (ANTICHRIST-BEAST) IN 1970 ! ! !

#1.JACK HYLES WAS BORN IN 1924

#2.HE PREACHED THIS SERMON ON THE ANTICHRIST-BEAST IN 1970--DESCRIBING HIM IN DETAIL

#3.OBAMA WAS THEN ABOUT 9 YRS. OLD

16

News Item5/31/10 8:30 PM
Guinness  Find all comments by Guinness
peasant wrote:
Oh alright here is an easier one
By the definitions of Sillar and/or Lacock and/or peasant is Barack Obama a socialist?

Why is no issue taken with the statement "Mr Obama and his socialist fixit is making quite an impression on your economy" and yet issue is taken with the factually accurate correction that the quoted "socialist fixit" was actually GW Bush's?

You and/or yous need to use the same measure and definition consistently.

Neither Bush nor Obama are clause IV socialists.
"To secure for the workers by hand or by brain the full fruits of their industry and the most equitable distribution thereof that may be possible upon the basis of the common ownership of the means of production, distribution and exchange, and the best obtainable system of popular administration and control of each industry or service."

BOTH Bush and Obama demonstrated belief in the state control (without ownership) of private property. The technical term for that philosophy is fascism.

15

News Item5/31/10 1:36 PM
peasant  Find all comments by peasant
Guinness wrote:
"“If you wish to converse with me, define your terms” from Voltaire.
Oh alright here is an easier one

"A more comprehensive definition of socialism is an economic system that directly maximizes use-values as opposed to exchange-values and has transcended commodity production and wage labour, along with a corresponding set of social and economic relations, including the organization of economic institutions, the method of resource allocation and post-monetary calculation based on some physical magnitude; often implying a method of compensation based on individual merit, the amount of labour expended or individual contribution." (K.Marx and friends)

Easy eh?

“It is dangerous to be right in matters on which the established authorities are wrong” (Voltaire)

“The best government is a benevolent tyranny tempered by an occasional assassination.” (Voltaire)

14

News Item5/31/10 1:03 PM
jpw  Find all comments by jpw
"if sinners entice you, do not give in to them, if they say, 'come along with us; let's lie in wait for someone's blood, let's waylay some harmless soul; let's swallow them alive, like the grave, and whole, like those who go down to the pit; we will get all sorts of valuable things and fill our houses with plunder; throw in your lot with us, and we will share a common purse'- my son, do not go along with them, do not set foot on their paths; for their feet rush into sin, they are swift to shed blood...........such is the end of all who go after ill-gotten gain; it takes away the lives of those who get it." Proverbs 1
13

News Item5/30/10 10:00 PM
rhymnrzn2zion | D-TON, OH  Contact via emailFind all comments by rhymnrzn2zion
The numbers are but a smokescreen: it has been noised that the covetous have rung up values exceeding 40 trillion in so called 'dark pools' quite apart from what is entered in bookkeeping: making it bigger than gov't if the situation so requires.

Seeing it will take the process of shaking as found in the 7 seals and 7 trumpets before the 4th horn/final dominion of men is able to enter, when they will stir up the riches and power to overtake the current market system, as the bottomless pit is opened and the locusts sting men 5 months for to shore up all authority using the mark of the beast: seeing this, we may know that the powers that be are divided against themselves, despite their deceits. Since it is before the time, instead of driving through to the height of capability, the powers are divided, but not for long. For all the national debt, it is admitted that it must be paid back, and thus the heavy spending makes it impossible, but that a raiser of taxes will be the bud of the plant, whose root is of all evil (being the love of money). So, to transfer in a figure the destruction of that man, or his lot and estate (as I meditate in Daniel 11:20), upon his end will be the end of all competition before the next yield of the root, even to the fullness of the transgressors

12

News Item5/30/10 5:52 PM
Guinness  Find all comments by Guinness
Lacock,

Thank you for your definition. On those philosophical defintions alone I would agree with you.

Please feel free to police the board against all other variant uses of the word socialist - including any that you may use.

I think it was Neil who quoted recently "“If you wish to converse with me, define your terms” from Voltaire.

From many years of observing these forums it is clear that an effective working definition (among the Americans on sermonaudio) of socialism is when government ever does ANYTHING ADDITIONAL to punishing the evildoer or defending the borders or invading foreign countries.

By that definition spending $700 billion dollars on a government expenditure program most definitely is socialist.

Margaret Thatcher rolled back the frontiers of the state and said "No-one would remember the Good Samaritan if he'd only had good intentions; he had money as well."

George Bush rolled ever onwards the frontiers of the state. One could equally observe the key difference between George W Bush and Lenin was that Bush spent money as well. Imagine what Lenin would have done with $700 billion...

11

News Item5/30/10 11:35 AM
Lacock  Find all comments by Lacock
Guinness wrote:
all others who have an equally short and/or selective memory of Bush's most momentous decision, FYI:
"WASHINGTON — After the House reversed course and gave final approval to the $700 billion economic bailout package, President Bush
This might help you Guinness.....
Dictionary Definition::
Socialism::
"1.a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole.
2.procedure or practice in accordance with this theory.
3.(in Marxist theory) the stage following capitalism in the transition of a society to communism, characterized by the imperfect implementation of collectivist principles."
10

News Item5/30/10 12:06 AM
Guinness  Find all comments by Guinness
Lacock wrote:
Bush might be a lot of political things - but socialist??? Nuh!!
For Lacock, and all others who have an equally short and/or selective memory of Bush's most momentous decision, FYI:

"WASHINGTON — After the House reversed course and gave final approval to the $700 billion economic bailout package, President Bush quickly signed it into law on Friday, authorizing the Treasury to undertake what could become the most expensive government intervention in history.

But even as Mr. Bush declared that the measure would “help prevent the crisis on Wall Street from becoming a crisis in communities across our country,” Congressional Democrats said that it was only a first step and pledged to carry out a sweeping overhaul of the nation’s financial regulatory system. "

Follow the links through ...
http://www.sermonaudio.com/new_details.asp?ID=26302

9

News Item5/30/10 12:00 AM
Neil | Tucson  Find all comments by Neil
"You are still looking at the card game on top of the table and not seeing the cards being traded under the table."

If there are indeed such secret transactions, then how could you know of it? A good card cheat will not allow himself to be observed.

8
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