Ah, but my Granny had shares in the South Sea Bubble Co Ltd!

By the way, can I interest you in a new investment opportunity from Ponzi Enterprises Ltd ?

Korr!!...a money tree....gim'me - gim'me - gim'me...

---

The Kite Fliers

--------------------
Kite fliers: An imaginary club of solo members, those who don't yet
belong to a formal team so "fly their own kites" - as the saying goes.

Ah, but my Granny had shares in the South Sea Bubble Co Ltd!

By the way, can I interest you in a new investment opportunity from Ponzi Enterprises Ltd ?

What's your name then, errr "Bob Diamond"!!
...or even, "Bernard Madoff"...
...seems to be a connection here ?????

---

The Kite Fliers

--------------------
Kite fliers: An imaginary club of solo members, those who don't yet
belong to a formal team so "fly their own kites" - as the saying goes.

Well I'm gonna take a tip from my old granny and keep my savings under the mattress.


Ooops now you know where to find them ....

The UK is already entering into a double dip recession, if the USA does so as well, will we then see a world wide double dip recession? That would be really worrying. Our General Strike of 1926 and their Wall Street crash of 1929, would look like minor blips.....

Oh yus!!... proportionality, certainly carrying far more debt now than we did
back then!!

---

The Kite Fliers

--------------------
Kite fliers: An imaginary club of solo members, those who don't yet
belong to a formal team so "fly their own kites" - as the saying goes.

The UK is already entering into a double dip recession, if the USA does so as well, will we then see a world wide double dip recession? That would be really worrying. Our General Strike of 1926 and their Wall Street crash of 1929, would look like minor blips.....

The thing is - absent a compromise (and the Teapublicans are not likely to play), there will be a double dip in the US as unless new bills are passed, the full set of the Bush cuts (which includes the reduced taxes on those in the $250K+ bracket) AND sequestration -- (which includes modest but real cuts in the military budget), along with a number of other measures will go in effect in January.

Without a compromise, the IMF should be thrilled they get both the things they want, deficit reduction AND a recession.

Well they put pressure on Greece & the rest of the Eurozone to force austerity through..now it's the turn of those across the pond to "have a go" at the IMF....

IMF warns US of tepid recovery

"Fears are increasing in the US and beyond that Republicans and Democrats will fail to reach agreement over how to temper the pace of the deficit reduction in 2013, alongside delivering a long-term plan on the country's $15 trillion of debt".

---

OK -- not absolutely debt free, I have a very low interest home equity loan equal to about 1/3 of 1 Percent of my liquid assets -- first because the interest rate is VERY low, and second because the credit score games LIKE a smidgen of debt.

I too try to promote what I consider appropriate government fiscal response. I suspect that what you consider appropriate and what consider appropriate might differ. I also suspect the approach to getting to that response that you and I would advocate are different as well.

I actually try to promote what I consider to be the appropriate government fiscal
response to this current financial crisis. The suffering I don't promote for I
just highlight it as an unfortunate bi-product If the government was to take
the necessary action to curb our over-spending. The later they take action the
more sufferers there will be. As it stands no governments seem to wont to take
the appropriate action so time will tell who is right and who is wrong.

You're debt free too, Barry...best position to be in during these times at the
moment.

I understand, we are debt free as well. But there is the follow on, when you start in effect, promoting suffering, there is the risk that those who are suffering are not without available responses which just might 'spread the wealth' of suffering even to those without debt.

Barry...
I actually try to promote what I consider to be the appropriate government fiscal
response to this current financial crisis. The suffering I don't promote for I
just highlight it as an unfortunate bi-product If the government was to take
the necessary action to curb our over-spending. The later they take action the
more sufferers there will be. As it stands no governments seem to wont to take
the appropriate action so time will tell who is right and who is wrong.

Your debt free too, Barry...best position to be in during these times at the
moment.

---

The Kite Fliers

--------------------
Kite fliers: An imaginary club of solo members, those who don't yet
belong to a formal team so "fly their own kites" - as the saying goes.

By the way, that appears the same view that in the US is held by the TeaPublican party (except it turns out that a LARGE proportion of the Teapublican party partisans would in fact encounter severe personal financial stress if the policies they seem to want are deployed across the board. (The folks that chant 'keep the government hands off of my Medicare' represent a curious suspension of political disbelief.

No problem, I took precautions just in case so I have zero debt and so no worries.

I understand, we are debt free as well. But there is the follow on, when you start in effect, promoting suffering, there is the risk that those who are suffering are not without available responses which just might 'spread the wealth' of suffering even to those without debt.

No problem, I took precautions just in case so I have zero debt and so no worries.

---

The sooner the suffering starts so the sooner it will all be over.

You first <smile>

No problem, I took precautions just in case so I have zero debt and so no worries.

---

The Kite Fliers

--------------------
Kite fliers: An imaginary club of solo members, those who don't yet
belong to a formal team so "fly their own kites" - as the saying goes.

You first <smile>

The sooner the suffering starts so the sooner it will all be over.

...maybe the better to "gerkin" them?

A firkin full of gerkins....what say Sirius...

I would definitely pay a premium to see that event.......

---

...maybe the better to "gerkin" them?

A firkin full of gerkins....what say Sirius...

---

The Kite Fliers

--------------------
Kite fliers: An imaginary club of solo members, those who don't yet
belong to a formal team so "fly their own kites" - as the saying goes.

He hated the British.

Hang on, not so fast, Sirius...the French don't hate us for they consider us
as, "our most dear enemies"....a lot of difference in that...

Ah yes, slaps himself on wrist....forgot that famous quote.."Keep your friends close, but your enemies even closer"

...maybe the better to "gerkin" them?

---

He hated the British.

Hang on, not so fast, Sirius...the French don't hate us for they consider us
as, "our most dear enemies"....a lot of difference in that...?

---

The Kite Fliers

--------------------
Kite fliers: An imaginary club of solo members, those who don't yet
belong to a formal team so "fly their own kites" - as the saying goes.

spot on! & if only the t**t's concerned had listened to Winnie when he said "this is not the end of the war, but a 20 year truce".

...and what did de Gaul state when forming the common market alongside Germany,
"we must not let this become a united states of Europe"...ho-hum!!

Non, non, mon amie, Definitely USE but we must not allow the engleeesh to be part of it.

He hated the British.

---

spot on! & if only the t**t's concerned had listened to Winnie when he said "this is not the end of the war, but a 20 year truce".

...and what did de Gaul state when forming the common market alongside Germany,
"we must not let this become a united states of Europe"...ho-hum!!

I wounder who Winnie was thinking of when he made this statement, Russia?

---

The Kite Fliers

--------------------
Kite fliers: An imaginary club of solo members, those who don't yet
belong to a formal team so "fly their own kites" - as the saying goes.