Recent

% | $
Quotes you view appear here for quick access.

Staples, Inc. Message Board

thespyisfalling 10 posts  |  Last Activity: Apr 1, 2016 8:57 AM Member since: Aug 3, 2010
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • thespyisfalling thespyisfalling Feb 8, 2016 8:17 AM Flag

    wow?

  • thespyisfalling thespyisfalling Feb 11, 2016 7:45 AM Flag

    You are correct Pud. So this is my thesis about what to expect. There will be a new way to account for debt.

    Government debt will be classified in to different types. The debt that the US GOV owes the Banking System will be reclassified as something other than debt. It will be called something like..........." currency distributed for government necessities "

    That debt obviously can never ever get repaid so why not just call it what it is.

    An IOU called a treasury given to the banks that simply can not and will not ever get repaid.

    Then there will be another kind of government debt. The debt that is floated to public that is not part of the banking system. So let's say there is a pension fund that simply wants to loan the gov back some money.......that debt will be shown as what it is......debt floated to the Private Sector.

    The reality is that the banking system and the Federal Government are basically incestuous anyway.. Why else would the phony profits of the FED be given back to the treasury anyway? The banks are really not private anyway. Is anything? But out of all entities the banks are simply the ones closest to K street.

    So my guess is that we will see some type of new accounting rule created by the AICPA or FASB that states how to handle this so called DEBT that was created when the banks printed money in exchange for worthless IOU's.

    Or,,,,,,,,the whole thing will just collapse. Do not forget......the FASB came out with a way to handle the bad housing debts held by the banks when housing values were substantially less than mortgage values. They did not force the banks to take an immediate write off which would have blown everything up.

    We will see some accounting rule changes. It is the only way to keep the game afoot.

  • thespyisfalling thespyisfalling Feb 11, 2016 8:06 AM Flag

    Just think about the debits and credits. So what my thesis does is extend the life of the game........it lets them print for much much much longer.

    I have not done this.......but if you were to take a look at who holds USA DEBT, I think that it would interesting to simply look at what is held by the BANKING SYSTEM versus what is held by let us say.......entities other than the banking system.

    I would say that if you back out that which is held by social security trust fund......trust.....that's funny .......and then back out everything that is held by the banks you end up with NET DEBT OWED TO OTHERS than the banks and SOCIAL SECURITY and who knows what other government agencies..........

    That is the true debt. for starters.

    If I owe you and you owe me......but.....you are in control of me.....in the end......you won't owe me Jack S_it........right? So of course ......since the US GOV really controls the BANKS anyway......in theory.....then in the end ......the debts owed back to the BANKING SYSTEM will be forgiven or reclassified......,I do not see a better way to continue the shell game.

  • thespyisfalling thespyisfalling Feb 21, 2016 11:59 AM Flag

    There are different types of inflation. Prices being driven up because there is a shortage and prices driven up because buyers want to be TRENDY.

    A good example of this of course would be food and water. Food has simply been going up and up and up for the most part.

    But, certain things, for instance, go up for a bit of time, and then you can find them at Walmart or Costco or Marshalls for substantially less than what they were in the past.

    Jordache jeans.

    In the 1980's they were all trendy and so of course in 1980 dollars they were about 80 to 100 dollars give or take.

    Now what are they? 20 today dollars?

    There is no real economic growth. Certain areas of the country for sure housing and land prices are very high.

    As they say, location location location.

    So did you give any thought to my commentary about how I think that the banking system and the debts owed by the US GOV to the banking system are going to be reclassified? I still think that at some point something like that will have to happen for the dollar to maintain its status.

  • thespyisfalling thespyisfalling Feb 21, 2016 7:26 PM Flag

    I think you missed the point. Brand new Jordache jeans in the 1980's were very expensive.

    Brand new Jordache Jeans today are not very expensive. I am not comparing New to used. I am comparing new to new.

    Anyway does it really matter?

  • thespyisfalling thespyisfalling Feb 22, 2016 10:04 AM Flag

    As I recall you are at an average of 103.80 is that correct? Just wondering.

  • thespyisfalling thespyisfalling Feb 22, 2016 10:27 AM Flag

    Ok best of luck on this.......most of the trends are down.......the one year trend has busted the 1 year average.........I do not see that as the best scenario.

  • thespyisfalling thespyisfalling Feb 22, 2016 11:23 AM Flag

    Dips are being bought. Rips are being sold. Two sided. Avoid the middle.

  • thespyisfalling thespyisfalling Mar 10, 2016 8:14 AM Flag

    You are correct. There is only so much demand in the world and do you really want to spend 165 $ on a pair of tennis shoes that are the 2016 model when you can get the 2015 model for 42 $?

    Do you really want to get that Dunlop M2.1 tennis racquet for 179 when you can get the same one called the M 2.0 from 2015 for 59 $?

    Or perhaps go get a used on on Ebay...........for almost nothing.

    This is reality.........all hype and marketing........so what do you do?

    Watch the show.......and wait for the lemmings to do the wrong thing........it happens everyday.

  • Reply to

    25bps Is Still A Problem?

    by hyperinflationhyenas Apr 1, 2016 8:32 AM
    thespyisfalling thespyisfalling Apr 1, 2016 8:57 AM Flag

    There is no one to sell stocks to anyway. You basically just said that when you said that the jobs report is bogus and the jobs created are not paying a living wage.

    The ponzi is comprised of two types of "fresh money". The money that the banks are getting from the fed to pump price and the money that would be available from Joe Retail who is barely surviving and opens his or her on line trading account.

    And part of the Joe Retail money are things like 401k's and so on.

    So......there is no one for the banks to sell it to anyway.

    This is exactly why the banks were prohibited from doing this type of activity and Glass Steagall was created.

    The bottom line is that the STOCK INDEXES represent nothing other than a talking point for the politicians to reference.

    What is the value of a piece of art? Or a so called classic car? Ever go to a live auction?

    The entire game is all about hurting the over leveraged traders.

SPLS
10.20-0.18(-1.73%)Apr 29 4:00 PMEDT