Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Pulling the financial plug on these jokers

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU
 
offcenter Donating Member (105 posts) Send PM | Profile | Ignore Fri Nov-26-04 03:40 PM
Original message
Pulling the financial plug on these jokers
We've been through the stolen elections, corrupt paybacks, facilitated terrorist attacks, mass protests, wars of aggression, bombing of civilians and escalation of military spending.

We've seen most of the world and 49% of Americans renounce these ghouls and their crusade for world domination.

So when will we find a way to pull the plug on their financing?

The second stolen election along with the Sinclair boycott and discussions of leaving the USA got me thinking of ways to go beyond grumbling and take real action. Think of Thoreau writing On Civil Disobedience from his jail cell, justifying his refusal to pay for the invasion of Mexico his his taxes.

First, convert free cash to gold or Euros (backed by gold @ 15%, could increase to 28%), sell US stocks and government debt in all investment accounts (half way there).

Look for foreign companies to roll over retirement accounts to. I'm looking at UBS, the Swiss bank, to see if their SEP plan (pension & profit sharing plan for small business) offers investment options for European government debt to replace US treasuries. Fidelity does not offer these instruments. Open new IRA or SEP accounts with European institutions before year end (it's almost here!) and make contributions before tax day.

Then develop a plan for emigrating. Learn a foreign language (parles vous frances?) and develop skills that are needed elsewhere (computer programmer, wife & kids speak Chinese, have bridge to Taiwan).

I've been contributing 25% of earnings pre-tax from a successful IT consulting firm in NYC for several years. Not all liberals are penniless hippies as the freepers like to claim. They want us to go? Fine. We will defund your war machine on the way out.

Already, the dollar has declined 30% against the Euro with a lot more to go and gold has hit a 16 year high at $430. $8 trillion in debt increasing $400+ billion/year, $200+ billion in war costs off the budget books with no end in sight, huge trade deficits, the Federal Reserve increasing the M3 money supply at record rates, China and Japan buying our debt, oil and natural gas production entering decline globally, Wall Street propped up and manipulated by the Federal Reserve since the 1980's, real estate values artificially high, jobs being outsourced, loss of our manufacturing base, dismantled social programs, descent into religious madness, ...

The list of impending disasters goes on and on. This is not sustainable and the people in charge of every branch of government are not about to change course.

If the Iran invasion becomes imminent (hearing stories of Jan or Feb 2005), execute plan with all haste. That's the crushing blow to our military, economy, currency and civil liberties that is sure to bring about financial armageddon.
Printer Friendly | Permalink |  | Top
Ruffhowse Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-26-04 03:48 PM
Response to Original message
1. Quickest way to cause economic chaos is to just not spend any money
this Christmas. Take a materialistic Christmas Holiday. If everyone who voted for Kerry did this as a sign of protest towards the illegitimate Bush regime, man, would the fat cats squeal!!
Printer Friendly | Permalink |  | Top
 
offcenter Donating Member (105 posts) Send PM | Profile | Ignore Fri Nov-26-04 03:50 PM
Response to Reply #1
2. Not travelling to red states
I'm sure as heck not going to Georgia for Christmas.
My parents and sister have turned into Repubs since moving there.
Printer Friendly | Permalink |  | Top
 
intheozone Donating Member (839 posts) Send PM | Profile | Ignore Fri Nov-26-04 03:57 PM
Response to Reply #1
3. My husband and I are doing just that,
not buying any xmas presents, won't decorate or wrap anything! It is form of protest against the stolen election and unlaw war against Iraq.
Printer Friendly | Permalink |  | Top
 
pss Donating Member (124 posts) Send PM | Profile | Ignore Fri Nov-26-04 03:59 PM
Response to Original message
4. The rest of us...
...meaning those of us who don't have money to divest and have no plans whatsoever to leave the country must take another approach.

I'm just gonna stop buying all their cheap plastic crap. I don't need any of it anyway. It's all just a way for them to turn oil into cash. I'm done.

I've taken my desire to spend and turned it into a new hobby. I'm buying old musical instruments on ebay. No more new stuff. I'm spending more time playing music and less time being "entertained" by their media crap, which is all propaganda anyway. I'm done with them. They will only get my money now for heat and electricity and food. And that's changing for me too, in the form of more fruits and vegetables, more local greenmarket stuff, as little processed stuff as I can.

Fuck them. They're not getting my money anymore. And I don't care if the economy crashes because of it...
Printer Friendly | Permalink |  | Top
 
rfranklin Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-26-04 03:59 PM
Response to Original message
5. Isn't UBS the bank that was tied in to the Bush rise to power and riches?
http://www.independent-media.tv/item.cfm?fmedia_id=9409&fcategory_desc=Bush%20Administration%20Lies%20and%20Deceit

The chairman of the nation's Homeland Security Advisory Council was helping to guide America's security strategy at the same time he was a top executive with an international banking firm that was investigated and eventually fined more than $100 million for cash transfers to rogue nations, including Iraq, Iran, Libya and Cuba, a Newsday investigation has found.
Joseph Grano Jr., 56, said he did not inform Bush administration officials, including Secretary of Homeland Security Tom Ridge, about the problems of Swiss banking giant UBS, where he worked until June, because he said it "is public record" and he wasn't required to do so.

He denied any wrongdoing and said he was unaware of the accusations against UBS until the Federal Reserve's May announcement of one of its largest fines ever -- for the bank's improper money transfers to "rogue" nations under U.S. economic sanctions and its "deception" in trying to cover it up.



Printer Friendly | Permalink |  | Top
 
offcenter Donating Member (105 posts) Send PM | Profile | Ignore Fri Nov-26-04 04:09 PM
Response to Reply #5
7. Ouch!
Still looking for a foreign outfit that offers better investment opportunities (not USD) and WASN'T involved in funding Bush or Nazis.

Guess that rules out all the Swiss.
Printer Friendly | Permalink |  | Top
 
Niccolo_Macchiavelli Donating Member (641 posts) Send PM | Profile | Ignore Fri Nov-26-04 04:01 PM
Response to Original message
6. Please not UBS
They're a crooked bank just as CS and CSFB. If you invest through a swiss bank i'd nudge you to Raiffeisen bank. much more friendly to the common (wo)man.

A Swiss
Printer Friendly | Permalink |  | Top
 
cliss Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-26-04 05:35 PM
Response to Original message
8. Good deal, O.
Edited on Fri Nov-26-04 05:36 PM by cliss
I for one applaud you for acting according to your convictions. We are making changes to our lifestyle to create the maximum impact to this administration. Good news: we're not the only ones. There are lots of threads going on right now which urge us to a variety of actions.

If some are not possible, check out the other threads and see what you CAN do to affect change.

We have a lot of subscribers here (54,000?). There are millions of disgruntled Democrats and Independents and of course Rat-publicans who are getting cold feet about what they just did.

Think of what we could accomplish if we all took action. We can most definitely impact them.
Printer Friendly | Permalink |  | Top
 
Keirsey Donating Member (508 posts) Send PM | Profile | Ignore Fri Nov-26-04 08:43 PM
Response to Reply #8
9. right, we're not alone in this
Don't Feed the Beast - Boycott Republican Businesses
by Carol Ware and Marie Pugh - North Texas for Justice and Peace

http://www.ntimc.org/newswire.php?story_id=1477


Ditch Dubya’s donors

http://tinyurl.com/6r489


Boycott War Now!

http://peace-action.inbyron.com/boycott.html


http://forum.bushout.info/file/boycott.htm


We need to get exponential!!!
Printer Friendly | Permalink |  | Top
 
walldude Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-26-04 10:08 PM
Response to Original message
10. I always love these threads about
converting your money to Euros or gold or whatever. My question is always the same. What money? I can't even afford health care for my kids.
Printer Friendly | Permalink |  | Top
 
Cleita Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-26-04 10:55 PM
Response to Reply #10
11. If those of us who can convert some of our savings into
other currencies, do so, at least we might save some of our capital to bring back to this country to help people like you when the time comes. I'm so sorry you are cut off from health care. It is something so many of us have struggled and worked for and nearly gotten there, but then had the rug pulled out from under our feet. I guess we have to fix this damn system first and oust the crooks.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Sun May 05th 2024, 10:30 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC