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14 Feb 2010 @ 12:57
The 2010 Great Global Recession Reconciliation Statement
Well it would seem in light and retrospect that the collapse of the global economy reveals perhaps a simple accumulation of an accounting error or errors known as a reconciliation statement. It reveals thus a discrepancy between the world banks books and the businesses and consumers books of perhaps some $2 Trillion or more dollars accumulated and compounded over some 70 or 80 years since the great depression. Normally in such a situation negotiations are held to address such and as is the general case an "adjustment" is made to the books. In light of such then considering the large current discrepancy and the case that the world has never really had a global economic policy on such, the prudent thing to do would be to take a $ 1 Trillion dollar "write down" on the 2000 or so Global Banks books and issue a $ 1 Trillion dollar "credit" to the some 1 million global businesses books and 6 Billion global consumers. In contrast I don't see any other simple global and amiable solution or how putting this "accounting error or discrepancy" and or debt of $ 2 Trillion dollars on the backs of the future will serve any constructive purpose and considering the amount of financial transactions in a day over the last 75 years such an error and or errors are bound to occur and creep in. So perhaps the "2010 Great Global Recession Reconciliation Statement" could be proposed and implemented unless anyone else has a better idea or ideas. My bill is in the mail perhaps.
Alfred G. Jonas More >
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11 Feb 2010 @ 22:24
I believe, we need to believe.... believe...
link = [link]
love
swanny More >
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11 Feb 2010 @ 14:51
Well the clicker that gets me with quantum physics is when you tell them
"well heck that doesn't make sense" and they come back at you with
"exactly its not supposed to make sense" "if it makes sense then it isn't quantum physics"
Oh
Alrighty then, and how much of a grant did you get from the Government for your research
and where do I apply for one?
Old shell game
see image More >
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10 Feb 2010 @ 12:07
Ah ain't life grand, driving in your brand new Prius with its sticky gas pedal and sticky brakes through a construction zone during rush hour traffic after a few pints of mock Guinness with the boys or girls? trying to get a hold of your broker on the Iphone to find out why your RIM stocks have tanked sitting besides your wife whose just had a sex change and wants a divorce listening to the kids fight over the car TV vampire show cause they forgot to take their Ritalin today going home to make supper with your roast that's been recalled due to listeria concerns and the salmonella in your spinach while a tornado due to climate change approaches from the south trying to find a job cause your unemployed due to the recession waiting for compensation from your Church for the sexual abuse charge as your Government sits prorogued. As the policeman pulls you over and asks so hows your day going. An aint life grand. More >
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