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BajaNomad » Baja Questions & Answers » Inconvenient Debt - Glenn Beck

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mulegejim

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posted on 11-29-2009 at 08:22 AM

To be honest, if any of us could predict the direction of currency movements correctly we wouldn't have a financial care in the world.

Cypress

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posted on 11-29-2009 at 08:56 AM

Glenn Beck makes some very good points. Political decisions have serious economic and social consequences. California is a good example. The "Golden State" is now on the verge of bankruptcy.

DianaT

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posted on 11-29-2009 at 09:01 AM

Quote:

Originally posted by tripledigitken
Seems some "dangerous talk" from last night got erased.
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Probably a good thing----but still think that this entire thread belongs in off-topic because that is where Glenn Beck belongs.

ncampion

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posted on 11-29-2009 at 10:04 AM

Quote:

Originally posted by DianaT

Quote:

Originally posted by tripledigitken
Seems some "dangerous talk" from last night got erased.
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Probably a good thing----but still think that this entire thread belongs in off-topic because that is where Glenn Beck belongs.

Now who's bringing their politics into the thread??????

DianaT

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posted on 11-29-2009 at 10:07 AM

Quote:

Originally posted by ncampion

Quote:

Originally posted by DianaT

Quote:

Originally posted by tripledigitken
Seems some "dangerous talk" from last night got erased.
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Probably a good thing----but still think that this entire thread belongs in off-topic because that is where Glenn Beck belongs.

Now who's bringing their politics into the thread??????

Me, guilty----but still think that just the mention of Glen Beck puts this into the off-topic---no one is more political than he is or controversial.

oldlady

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posted on 11-29-2009 at 10:31 AM

I think Wilton's initial question would have been the same whether he used Beck's video, a link to a finance chart that shows the money supply or the US debt clock, also available on line. Beck didn't create the data, in this case it was just an expedient source. I wouldn't let that get in the way of Wilton's question about how this relates to the peso. It's darn good one, especially for retirees on fixed incomes. It could even be broadened to how it relates to the stability of the Mexican economy which could have ramifications to all of us who live in or travel to Baja.

DianaT

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posted on 11-29-2009 at 10:53 AM

Quote:

Originally posted by oldlady
I think Wilton's initial question would have been the same whether he used Beck's video, a link to a finance chart that shows the money supply or the US debt clock, also available on line. Beck didn't create the data, in this case it was just an expedient source. I wouldn't let that get in the way of Wilton's question about how this relates to the peso. It's darn good one, especially for retirees on fixed incomes. It could even be broadened to how it relates to the stability of the Mexican economy which could have ramifications to all of us who live in or travel to Baja.

It is a good question and very important---just too bad he included anything from Glenn Beck---even if as you say, he is just showing data, anything from Beck is immediately suspect as being twisted-----

And a subject such as this should look at data and information from unbiased sources in order to be valid. And it could have been started that way-

Any thread that uses someone like Glenn Beck is wide open for politics and problems ---- would be the same if someone started off quoting Michael Moore----

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