So, Tim is now a military strategist and tactician, too. Fascinating.
mike omalley said:Mike,David Hill said:I'm guessing quite a bit
Hugo Chavez, BJ Cliinton, GW Bush, Richard Nixon, were all re-elected. What do American's know that I don't?
:lol: :lol: :lol: Made my day!
Steve,
merely ‘speculating’. Could not do any worse than the experts on Wall St or on Washington Drive!!! In the 1970’s, I found an old newpaper, under the carpet in an old house that I was renovating. It was normal during the depression years to use newspaper as an insulating material under carpet, as underfelt was too expensive. The newspaper was dated 1936. A small article attracted my attention. It was a plea from the then British Chancellor, exhorting Britain to commence armament manufacture for a more than likely conflict with Herr Hitler. Three years later, completely unprepared, Britain declared war on Germany, with dire results (almost complete annihilation on the continent). It is easy to speculate on history as it has already happened. If Britain had of taken the lead and increased military production, several years earlier, then Hitler may have limited his expansion into the lowlands, Poland, etc. and ‘world domination’. Remember that Hitler did not want war with Britain in the 1930’s.
Also an interesting point to reflect on. Who funded the 1906 Japanese conquest into Russian territory? Answer - New York Jews. After the 1937 Japanese incursion into Manchuria, it was the American Jews that the Japanese turned to for support and approval, as they needed a non-indigenous population to settle in the once Chinese-dominated province. The intent was to settle displaced Jews, in Europe, into Manchuria. Indonesia carried out this form of 'genocide' in East Timor and West Irian, post 1965, where they resettled non-indigenous people into these lands to dilute the indigenous gene pool.Hans-Joerg Mueller said:mike omalley said:Mike,David Hill said:I'm guessing quite a bit
Hugo Chavez, BJ Cliinton, GW Bush, Richard Nixon, were all re-elected. What do American's know that I don't?:lol: :lol: :lol: Made my day!
Grow up!
Another interesting factoid regarding Britain’s preparedness for WWII was the American civilian weapons program. This was where many American civilians shipped hunting rifles, some family heirlooms over to Great Britain for her defense. I read about this in connection with an article on an expensive hunting an individual shipped with a brass tag attached wishing the English success in their defense and requesting the return of the rifle after the hostilities ended, which it was. A great human interest story.
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It was too tempting a setup. I apologize for taking a cheap shot
Mike,
you will now be accused of being childish for being insulting.
TonyWalsham said:Hans-Joerg Mueller said:mike omalley said:Mike,
I'm guessing quite a bit:lol: :lol: :lol: Made my day!
Made mine too!!!
Chuckle!
On a serious note, and following on Mike’s take re the importance of preserving house values for those of us who own one, or paying off a mortgage on one, is the equal importance of preserving the value of commercial property.
Pension funds, insurance companies and banks have big-time exposure to the commercial property market (i.e., about $800 billion towards the end of last year). As the value of commercial property falls, companies with defined benefit pension plans have to dig into profits to support those plans. That leads those companies to lay off workers and close plants, leading (among other things) to a further fall in commercial property values. A fall in the commercial property market has a significant impact on the ability of banks and insurance companies to extend credit.
For better or worse, the US Treasury is now the only American entity with untrammeled lending power. It will be interesting to watch how that power is used over the next four (or eight) years.
David Hill said:David, Germany resented the 'war effort' that American industry engaged in, pre-1941 and it has been documented that German saboteurs were landed by U-boats off the east-coast and engaged in sabotage against American industry and shipping facilities. I believe that the 'Eagle Squadron' was formed in Britain to accomodate airmen from the United States and from countries overrun by Germany in Europe. Many of these airmen distinguished themselves in battle.
Another interesting factoid regarding Britain's preparedness for WWII was the American civilian weapons program. This was where many American civilians shipped hunting rifles, some family heirlooms over to Great Britain for her defense. I read about this in connection with an article on an expensive hunting an individual shipped with a brass tag attached wishing the English success in their defense and requesting the return of the rifle after the hostilities ended, which it was. A great human interest story.
In so far as American passenger ships hauling arms (mentioned in a previous thread), then this practice was rampant in WW1. It has been strongly suggested that armaments were responsible for the rapid time the 'Lusitania' took to sink - 17 minutes from detonation to sinking. It only took one torpedo to sink the craft, with loss of life around 1500. Even the U-boat crew were suprised by how quickly the ship sank. It is widely thought that England was eager to engage America in hostilities in Europe and callously ignored nearby U-boat presence as the 'Lusitania' neared the Irish coastline. The Admiralty, with blood on their hands, attempted to blame the ship's captain with navigational negligence and when this was refuted, it convinced witnesses that at least three torpedoes hit the ship, irrespective of the documented evidence from the German crew that only one torpedo hit it.Dave,
the other night on Australian television, it was reported that 40% of all housing foreclosures were located in California. I find this alarming as it centres the scam on specific banking organisations. What were they thinking???
Tim Brien said:Not much.
What were they thinking????
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TonyWalsham said:Tony,Tim Brien said:Primarily of themselves.
Dave, the other night on Australian television, it was reported that 40% of all housing foreclosures were located in California. I find this alarming as it centres the scam on specific banking organisations. What were they thinking????
The new term for that is “la maladie américaine”. 
But it is a big export item!
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Tim Brien said:The saying is "As goes California, so goes the rest of the Nation.", Cali. is the world's 12th largest economy.
Dave, the other night on Australian television, it was reported that 40% of all housing foreclosures were located in California. I find this alarming as it centres the scam on specific banking organisations. What were they thinking????
Much of California’s problems are “self made”. They have become a very socialistic state, massive welfare and other feel-good programs that have taxed the citizens and businesses to the point that many are not able to sustain a mortgage and businesses are exiting the state for overseas and other neighboring states.
Still, 93% of all homeowners are paying their mortgages. As you may know, the losses are partly due to folks buying more home than they can afford (the 4,000 s.f. McMansions), zero-down payment mortgages issued to unqualified buyers as mandated by Congress, low adjustable rate mortgages that now have rapidly rising rates, etc.
This massive Democratic spending plan is only making things worse as proven out in a similar intervention in the 1929 Depression. Leaving the fox in charge of the hen-house.
Tim Brien said:David Hill said:David, Germany resented the 'war effort' that American industry engaged in, pre-1941 and it has been documented that German saboteurs were landed by U-boats off the east-coast and engaged in sabotage against American industry and shipping facilities. I believe that the 'Eagle Squadron' was formed in Britain to accomodate airmen from the United States and from countries overrun by Germany in Europe. Many of these airmen distinguished themselves in battle.
Another interesting factoid regarding Britain's preparedness for WWII was the American civilian weapons program. This was where many American civilians shipped hunting rifles, some family heirlooms over to Great Britain for her defense. I read about this in connection with an article on an expensive hunting an individual shipped with a brass tag attached wishing the English success in their defense and requesting the return of the rifle after the hostilities ended, which it was. A great human interest story.In so far as American passenger ships hauling arms (mentioned in a previous thread), then this practice was rampant in WW1. It has been strongly suggested that armaments were responsible for the rapid time the 'Lusitania' took to sink - 17 minutes from detonation to sinking. It only took one torpedo to sink the craft, with loss of life around 1500. Even the U-boat crew were suprised by how quickly the ship sank. It is widely thought that England was eager to engage America in hostilities in Europe and callously ignored nearby U-boat presence as the 'Lusitania' neared the Irish coastline. The Admiralty, with blood on their hands, attempted to blame the ship's captain with navigational negligence and when this was refuted, it convinced witnesses that at least three torpedoes hit the ship, irrespective of the documented evidence from the German crew that only one torpedo hit it.</blockquote>Oh yes, I forgot about our aid in 1915-17 (?). Germany may have been justified in entering that war as acts-of-war were being committed by England prior to hostilities beginning. I will admit, before anyone jumps in my shit about it, I am not a historian of WWI. The little I have read about how The Last Great War began, seemed to be an unbiased account.
Remember, history is written by the victors.
David Hill said:
..... As you may know, the losses are partly due to folks buying more home than they can afford (the 4,000 s.f. McMansions), zero-down payment mortgages issued to unqualified buyers as mandated by Congress, low adjustable rate mortgages that now have rapidly rising rates, etc.This massive Democratic spending plan is only making things worse as proven out in a similar intervention in the 1929 Depression. Leaving the fox in charge of the hen-house.
David,
who set up the henhouse, in the first instance and who managed it these past few years? How quickly you forget George and the job his boys did on the economy. Who was the real fox in this scenario, an executive team who turned a blind eye to billions of dollars worth of shenanigans and then they get rewarded for their efforts (or is that lack of effort)? Who said crime does not pay?
David Hill said:
...Oh yes, I forgot about our aid in 1915-17 (?). Germany may have been justified in entering that war as acts-of-war were being committed by England prior to hostilities beginning. I will admit, before anyone jumps in my shit about it, I am not a historian of WWI. The little I have read about how The Last Great War began, seemed to be an unbiased account.Remember, history is written by the victors.
David,
do not admit to not being an expert on something and then print absurdities. Exactly what attrocities did England commit to force the Kaiser to declare war on Europe in 1914? The exact reason for the commencement of the war was the assassination of Prince Ferdinard in the Balkan region in 1914. There were however, much goings on prior to this. Yes history is written by the victors, and it is fortuitous as such, as the Japanese and Germans were not the only war criminals in WW2.
If I remember correctly, England had a naval blockade of Germany’s ports (an act of war) before any declaration of war. ??