Doom & Gloom Tabs

[tabs]

Some people might accuse TABS of being full of doom and gloom among other things. Tabs only writes about what he sees happening, the truth of the matter as it were. He doesn't claim to be always right, but presents the probable outcome of events as they unfold.

In 1980 TABS had an epiphany while sitting out by the pool at Mothers house. He said Hallejulah I see it now... the US government is going to continue to do business as usual no matter what the circumstances. That deficit spending would continue unabated going forward. At that time TABS analysis wasn't as sophisticated as it later became, he didn't realize where this frame of thought by the elected represenatives of his country began. Ironically it was at that time that TABS realized that Spoons would be a good investment going forward, and that there would be a 30 year time horizon for his collecting.

Now we can skip forward a decade or two to 9/11/2001. It was after 911 that TABS once again was able to part the clouds of future events and start telling everyone who would listen...wink, wink nudge nudge...that the USA was facing the a likely Great Depression brought about by a crisis of LIQUIDITY. This time it was the event that turned out to be right but for the wrong reasons. TABS thought it would be a

[fingpilot]

My heart beats still....... what happened to the rest?

Please do not leave me hanging, I was with ya right up to the end.

[Gogar]

You are a genius, Tabby. An Oracle. An incredible source of wise counsel and prophetic opinions. You didn't manage to highlight the whole thing before your cut-n-paste operation though; and we, the loyal hangers-on to your every word are teetering on a cliff of despair not knowing how that last paragraph came to a conclusion.

[LakeCleElum]

I have a friend hooked on pain killers that dozes off like that...........

[ramonesfreak]

pasta was boiling over on the stove? or IBS attack?

[tabs]

...Terrorist attack using a WMD that would lay an American city low that would cause a Depression.

Around 2006 it dawned on TABS that it was LBJ who by placing the Sociaql Security Trust Fund into the General Account that started America down the road of deficit spending. Now he knew the how and why of it all.

Also it was a known by TABS and anybody else that had been around CA RE for a decade or two that the RE market was becoming a bubble and a mighty big one at that. The estimate was 25% bigger then any previous bubble. But TABS never reckoned that anybody would be dumb enough not to see it coming, especially the ones who are paid to manage money and asses the risks involved in any investment. TABS was of the opiniopn that it would be another business cycle and that the Stock Market would be the investment of choice going forward as it had already suffered its correction in the 2000 to 2003 period. Little did TABS know.

Which brings us pretty much up to date. Today TABS is of the opinion that America has leveraged up the government credit card pretty much up to the limit. That the banking system is pretty much insolvent due to their poor risk managment. However US corporations in general until the freezing of credit were in pretty good shape with large cash positions on their balance sheets. Yet it is the spending programs, taxation reforms and going Green reforms of the Obama administration that will push the USA over into oblivion.

[Mo_Gearhead]

the end.

[ramonesfreak]

and not a single word about idiot george bush borrowing against our children's, grandchildren's, and great grandchildren's future for a war based on fantasy and game-playing? just more *****ing about obama's green plans.....gee wiz, china owns us now. thanks george

the killer awoke before dawn he put his boots on he took a face from the ancient gallery and he walked on down the hall and he, came to a door, and he looked inside............................................ ........booo

[Gogar]

Originally Posted by Mo_Gearhead

the end.

Wishful thinking, my friend.

[Shaun @ Tru6]

[Heel n Toe]

Originally Posted by srandallf

george bush borrowing against our children's, grandchildren's, and great grandchildren's future for a war based on fantasy and game-playing?

It was not based on fantasy. Maybe you didn't get the memo.

Here ya go:
__________________________________________________ _________
Saddam Had WMD
Posted 2/24/2006

WMD: Now that Leno and Letterman have had their way with Vice President Cheney’s hunting accident and the port controversy, maybe we can get back to something really important — like Saddam’s WMD program.

Yes, the linchpin of opposition to the Iraq War — never really strong to begin with — has taken some real hits in recent weeks. And “Bush lied” — the anti-war mantra about the president, Saddam Hussein and weapons of mass destruction — looks the most battered.

Inconveniently for critics of the war, Saddam made tapes in his version of the Oval Office. These tapes landed in the hands of American intelligence and were recently aired publicly.

The first 12 hours of the tapes — there are hundreds more waiting to be translated — are damning, to say the least. They show conclusively that Bush didn’t lie when he cited Saddam’s WMD plans as one of the big reasons for taking the dictator out.

Nobody disputes the tapes’ authenticity. On them, Saddam talks openly of programs involving biological, chemical and, yes, nuclear weapons.

War foes have long asserted that Saddam halted his WMD programs in the wake of his defeat in the first Gulf War in 1991. Saddam’s abandonment of WMD programs was confirmed by subsequent U.N. inspections.

Again, not true. In a tape dating to April 1995, Saddam and several aides discuss the fact that U.N. inspectors had found traces of Iraq’s biological weapons program. On the tape, Hussein Kamel, Saddam’s son-in-law, is heard gloating about fooling the inspectors.

“We did not reveal all that we have,” he says. “Not the type of weapons, not the volume of the materials we imported, not the volume of the production we told them about, not the volume of use. None of this was correct.”

There’s more. Indeed, as late as 2000, Saddam can be heard in his office talking with Iraqi scientists about his ongoing plans to build a nuclear device. At one point, he discusses Iraq’s plasma uranium program — something that was missed entirely by U.N. weapons inspectors combing Iraq for WMD.

This is particularly troubling, since it indicates an active, ongoing attempt by Saddam to build an Iraqi nuclear bomb.

“What was most disturbing,” said John Tierney, the ex- FBI agent who translated the tapes, “was the fact that the individuals briefing Saddam were totally unknown to the U.N. Special Commission (or UNSCOM, the group set up to look into Iraq’s WMD programs).”

Perhaps most chillingly, the tapes record Iraq Foreign Minister Tariq Aziz talking about how easy it would be to set off a WMD in Washington. The comments come shortly after Saddam muses about using “proxies” in a terror attack.

9-11, anyone?

In short, let us repeat: President Bush was right. We had to invade to disarm Saddam — otherwise, he would have completely reconstituted his chemical, nuclear and bio-weapons programs when inspectors left.

Saddam probably knew better than to use them himself against the U.S. But it’s likely he wouldn’t have hesitated giving one or more to terror groups with which he had routine contact.

Lest you think we’re making the case entirely based on these tapes, let us assure you that other evidence — mounting by the day — points to the same conclusion.
We’ve been very impressed by the story told by Georges Sada, the former No. 2 in Iraq’s air force. He has written a book, “Saddam’s Secrets,” that details how the Iraqi dictator used trucks, commercial jets and ships to remove his WMD from the country. At the time, the move went largely undetected, because Iraq pretended the massive movement of materiel was to help Syrian flood victims.
Nor is Sada alone. Ali Ibrahim, another of Saddam’s former commanders, has largely corroborated Sada’s story.

So how was Saddam able to use his “cheat and retreat” tactics without being found out? He had help, according to a former U.S. Defense Department official.

“The short answer to the question of where the WMD Saddam bought from the Russians went was that they went to Syria and Lebanon,” said John Shaw, former deputy undersecretary of defense, in comments made at an intelligence summit Feb. 17-20 in Arlington, Va.

“They were moved by Russian Spetsnaz (special ops) units out of uniform that were specifically sent to Iraq to move the weaponry and eradicate any evidence of its existence,” he said.

These are extraordinary developments. They deserve a full airing in the media, since they essentially validate part of Bush’s casus belli for invading Iraq and deposing the murderous Saddam.

But once again, the mainstream media have dropped the ball. They seem more interested in Dick Cheney’s marksmanship and American port management than in setting the record straight about one of the most important developments of our time.

http://www.investors.com/editorial/IBDArticles.asp?artsec=20&artnum=1&issue=20060224

[fingpilot]

And y'all thought this thread was gonna stay calm and non-PARF........

[daepp]

Why do I feel I have read this initial post verbatim once before???

[911Rob]

Originally Posted by lakecleelum

i have a friend hooked on pain killers that dozes off like that...........

lol