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mercury (No way), 22:16:11 07/03/09 Fri -- Jasper, 04:13:28 07/04/09 Sat
Well said.
Honduras new government is censoring journalists -- doran, 02:45:45 07/04/09 Sat
Reporters for The Associated Press were taken away in military vehicles and Venezuela's Telesur network -- and any other station supportive of toppled president Manuel Zelaya -- are still off the air.
Stations that are broadcasting carry only news friendly to the new government. Several local papers have yet to publish information about Zelaya's international support in neighboring countries. http://www.miamiherald.com/news/americas/story/1122536.html
@WALIAC -- mozel, 02:42:50 07/04/09 Sat
So, have you been reading about The London Connection in the Mullins book to which I posted a link ?
Once a deluded one falls into the whirled citizen slough of despond, he has to get his own self out. Only a greater fool would go near to pull a fool out.
Obama Continues to Move Further Away From Promise of Transparency -- doran, 02:32:20 07/04/09 Sat
(The Intelligence Daily) -- The Obama administration continues to back away from its grand promises of transparency and open government by using legal arguments virtually identical to those made by Justice Department lawyers working under George W. Bush to block the release of critical documents. http://www.inteldaily.com/news/173/ARTICLE/11157/2009-07-03.html
Gob-smacked -- doran, 02:23:33 07/04/09 Sat
A large number of Honduran military commanders have their own long-term relationships with the Pentagon and the intelligence agencies, many of them forged during their training at Fort Benning, Georgia. Here is the notorious School of the Americas where promising officers from Argentina, Colombia, Honduras and other US allies are given training such useful skills as seizing power, hunting down leftists and torture. http://www.counterpunch.org/
I'm not so sure we aren't British. Puppets anyway.
Just tonight I was at a concert where the lead singer, David Coverdale, an Englishman bragged of having just turned American, as many wealthy Brits do due to the tax penalties.
But I couldn't help but think of someone jumping off the Titanic and onto the Lusitania.
The Banality of Evil Applies to Everyone -- doran, 02:03:30 07/04/09 Sat
The rationales for the killings, murders, torture, and sex abuse varied from agent to agent and soldier to soldier. Some said, “We’re doing it because Saddam Hussein was about to attack the U.S. with WMDs.” Others said, “We’re doing it because Islam is at war against the West.” Others said, “We’re doing it to stop them from killing us here.” Others said, “We’re doing it to bring democracy to their land.” Others said, “We’re doing it because of what al-Qaeda did on 9/11.” Others said, “We’re doing it for freedom.” The more honest of them said, “We’re doing it because we’ve been ordered to do it.” http://www.fff.org/blog/jghblog2009-07-02.asp
@WALIAC -- mozel (), 01:58:24 07/04/09 Sat
And does that mean you would rather be British and that the Independence men who died fighting died in vain ?
You could always turn Canadian and go North, if you really hate the fourth as much as morbius. He can talk. He's too lazy to come to the mainland and give up orchids on principle. But you are almost right at the border, aren't you ?
You could go South, but then there's Cinque d'Maio.
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9/11 Truth comes home; Pols back new investigation -- doran, 01:55:00 07/04/09 Sat
On the international front, former Italian President Francesco Cossiga, U.K. Member of Parliament Michael Meacher, Japanese Diet member Fujita Yukihisa and former German Defense Secretary Andreas von Buelow have all expressed support for a new inquiry into the Sept. 2001 attacks. So has British M.P. George Galloway, who put it this way: “The failure of the Bush administration to properly investigate, maybe for self-serving reasons, because it would have shown them to be monumentally incompetent, or something more sinister than that, is another argument that is beginning to be established. http://www.thevillager.com/villager_319/talkingpoint.html
Family's fears for activist seized by Israeli authorities -- doran, 01:51:37 07/04/09 Sat
Ms McDermott was one of the activists on board Spirit of Humanity, which was carrying aid including medical supplies, books and children's toys to Gaza. She was arrested on a similar trip in February, and held in an isolation cell for four days, but she was determined to go back. http://edinburghnews.scotsman.com/topstories/Family39s-fears-for-activist-.5422494.jp
WASHINGTON —
The tough economy and tight labor market have tarnished the luster
of a bachelor's degree for young college graduates seeking employment.
New monthly survey data from the Center for Labor Market Studies
at Northeastern University in Boston finds that during the first four months
of 2009, less than half of the nation's 4 million college graduates
age 25 and under were working in jobs that required a college degree.
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It's like: If your community can afford to blow up a few million dollars worth of fireworks (with the appropriate licenses and fees and insurance and fire and police protection, well. that must mean you're free.
Cynthia McKinney Refuses Israel's Offer of Release from Custody -- doran, 01:43:40 07/04/09 Sat
"At issue is the fact that Ms. McKinney was in international waters" when the Israeli Navy stopped the group's boat, according to a statement from the Rev. Dr. Joseph Lowery and the Atlanta-based Coalition for the People's Agenda. http://www.11alive.com/news/local/story.aspx?storyid=132132&catid=3
Raising Interest rates on Credit Cards............ -- AZAU, 01:37:41 07/04/09 Sat
Banksters are going to ram it up the ass of anyone still able to make payments;
Why Reducing Credit Card Debt Now Is So Important -- doran (), 01:34:32 07/04/09 Sat
On June 24, 2009, the Wall Street Journal reported that “the annualized credit-card charge-off rate broke through 10% during May, according to Moody's Investors Service, the first time in the more than two decades the credit ratings company has tracked the measure. Also, the measure of credit-card loans deemed uncollectible [sic] as a percentage of loans outstanding hit a fresh high for the sixth-consecutive month, rising to 10.62% in May on an annual basis from 9.97% in April and 6.41% a year earlier.” Furthermore, citing data from Moody’s and other sources, the article indicated that these numbers are expected to continue their upward trend for at least the next year. http://www.huliq.com/4783/83036/why-reducing-credit-card-debt-now-so-important
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@morbius -- mozel, 01:29:36 07/04/09 Sat
I know the feeling well.
Major Banks all raising Credit Card rates........ -- AZAU, 01:13:55 07/04/09 Sat
good, cut them off. pay them off. send them packing to their imminent doomain of debt.
Parasitic, dying banks are coming after YOU for more blood... -- AZAU, 00:50:00 07/04/09 Sat
bailouts, higher interest rates, any way they can get more from you, they will....
__________________________________________________________
Americans Under Squeeze: Higher Credit Card Rates, Taxes Have "Devastating" Effect
Posted Jul 03, 2009 08:00am EDT by Aaron Task
Related: C, BAC, JPM, AXP, MA, V, ^DJI
Citigroup this week joined Bank of America and JPMorgan in sharply raising fees on credit cards for late payments, balance transfers and the like.
The banks appear to be trying to raise rates before new consumer-protection rules go into effect. They're also putting the squeeze on the same U.S. consumers whose taxes pay for the industry's ongoing bailouts.
TJ Marta, chief strategist at MartaontheMarkets.com, sympathizes with the outrage but says there's more going on than just a craven effort by big corporations to take advantage of their clients.
"The banks are not healthy - more money has to go in," he says. "That's why rightly or wrongly we've seen these banks increase the credit card rates."
But the story goes beyond the banks, Marta says: "Everyone wants a piece of ‘Joe six pack's' money" -- banks, state and local governments, and the Federal government.
Between cap and trade, backtracking on healthcare taxes, and considering a value-added tax, he says "Obama is tripping" on his campaign pledge to not raise taxes on Americans making less than $250,000.
"We need to balance the budget," the economist says, but higher taxes now will have a "very devastating to the economy," perhaps akin to the policy errors of 1929 and 1937.
____________________________________________________
It's over folks. The parasites must be shed from the producers, and left to die as they might.
mozel - yes.... -- morbius, 00:13:28 07/04/09 Sat
and too old to believe this 'Land of The Free' bullshit. July 4th used to be my favorite holiday. Stopped celebrating it years ago.
What do Sarah Palin and Mark Sanford (SC gov) have in common? -- mozel, 00:10:40 07/04/09 Sat
THEY BOTH REJECTED STIMULUS MONEY. This is a federal hit job. http://www.godlikeproductions.com/forum1/message830769/pg1
-------------------------
I think this is true. The "stimulus" money was the edge of a subversive undercutting of State sovereignty, under this Constitution. It is an offer which is not intended to be refuseable.
@morbius -- mozel, 00:06:34 07/04/09 Sat
You're a real Mario Savio. I so sympathize with your crushed adolescent ambitions.
The best of anything will be perverted by faithless men. Don't you agree you're old enough now to identify and resist the faithless men and to support the good thing ?
The mountain of debt the next full-fledged economic crisis without firm action from Washington -- b_w, 00:02:14 07/04/09 Sat
The firm action by the puppet clowns in DC is the cause of our debt. Anyone who cannot see its all very deliberate is sound asleep.
India Joins Russia, China in Questioning U.S. Dollar Dominance -- doran, 23:59:28 07/03/09 Fri
July 4 (Bloomberg) -- Suresh Tendulkar, an economic adviser to Indian Prime Minister Manmohan Singh, said he is urging the government to diversify its $264.6 billion foreign-exchange reserves and hold fewer dollars. http://www.bloomberg.com/apps/news?pid=20601087&sid=aR7yfqUwTb4M
...feck off drunk on broke -- Prime8, 23:48:05 07/03/09 Fri
Date Posted: 23:47:30 07/03/09 Fri
Author: Prime8
Subject: Although i think the truth is that
the rethugs have concluded that the american sheeple are stupid enough to elect Sara if she can spit out four more kids by 2012 so we can have octomilf prez.
mozel - That all? -- morbius, 23:45:36 07/03/09 Fri
No. It was just my first experience with Boobus AmericANUS's love of liberty. You never forget your first time.
@morbius @That's it ? A high school petition that got you threatened with expulsion ? -- mozel, 23:43:41 07/03/09 Fri
That's all that's in your bag ???
You are really Hollywood head fecked worse than I imagined.
@ YAHOO Top Story: MOUNTAIN OF DEBT: Rising debt may be next crisis -- MoreGold (), 23:30:33 07/03/09 Fri
So many ordinary peapell near broke and hurting, while...
The Parasite BANKs and SACKS's raise pay and bonuses,
while sucking on the Giant Udders of the MOTHER COW FED and Public Monies ...
MOUNTAIN OF DEBT: Legacy of debt from Founding Fathers not celebrated on Independence Day
* By Tom Raum, Associated Press Writer
WASHINGTON (AP) -- The Founding Fathers left one legacy not celebrated on Independence Day but which affects us all. It's the national debt.
The country first got into debt to help pay for the Revolutionary War. Growing ever since, the debt stands today at a staggering $11.5 trillion -- equivalent to over $37,000 for each and every American. And it's expanding by over $1 trillion a year.
The mountain of debt easily could become the next full-fledged economic crisis without firm action from Washington, economists of all stripes warn.
A press release buried on the FEMA website, dated June 30, 2009,
announces a meeting between FEMA administrator Craig Fugate and
Maj. Gen. Yair Golan of the Israeli Defense Forces Home Front Command.
“I look forward to working with my Israeli counterpart as co-chair
of an emergency management work group to improve emergency
management practices in both countries,”
said Fugate.
“These partnerships are critical in ensuring that we are incorporating
best practices and also working towards greater public preparedness.”
Imagine...... -- morbius, 23:07:18 07/03/09 Fri
Luke: She's rich.
Han Solo: [interested] Rich?
Luke: Rich, powerful. Listen, if you were to rescue her, the reward would be...
Han Solo: What?
Luke: Well, more wealth than you can imagine!
Han Solo: I don't know, I can imagine quite a bit.
DEPRESSION? -- mercury (No way), 22:16:11 07/03/09 Fri
Not -evident- in my town.
Btw my town is Vallejo. Remember, the one everyone made fun(d) of a year ago cuz we wuz BANKRUPT/ Funny, nobody makes fun anymore; now that their town/county/state/country is in the same boat (just a little behind the curve, eh?)
I caught this dude on Moe Ansari show yesterday, some PHD in state economices. Turns out both NV and AZ are actually worse off than Ca on a Per Capital basis. For that matter, NY is worse off on a political basis (you think Ahnold has it bad, look into what’b been going on in Albany last couple months).
And large swaths of Ohio, Michigan, and a few southern states- troubles there too.
Anyway, we are just a working class hub. Middle class.
I just got back from a walk. Know what I saw?
- A few neighbors upgrading/rehabbing their newly purchased houses.
- Most just kicking back on the porch, drinking and BBQing.
- In their driveways? Cars. Usually two but often three. Every fourth one has either a RV or a boat. Every fourth house also has a car that stopped running a while ago, sitting in the side driveway (half the houses here have two driveways).
Someone just reminded me: Remember when Hong Kong was where its at? Per capital leading owner of Rolls Royces? What happens when their car breaks down? They tow it with a beast of burden! What do we do? We let it sit there and get a new one! And pack the old one full of gear, clothing, books, audio visual equipment, extra stock, etc.
- Fact is, most people park their cars in the first and backup driveways b.c. their garages are FULL OF STUFF. Home shops, pool tables, extra living rooms, more cars, equipment, camping gear, Drum sets, more audio-visual equipment, antiques, supplies, more food, etc.
- I dodged MANY aluminum cans (worth cash in our state) in the street. Most people ain’t bothering to pick em up. Too much trouble!
I picked money off the sidewalk.
You know what else is littering the sidewalks here? FRESH FOOD. Peaches and plums are at their height, some citrus looks good also. Most of it simply falls off and rots in the yard or on the sidewalks/streets. Most folks here get 4.5 squares a day (and pack on an extra 10-20 pounds) and they couldn’t bother to PICK UP FREE FOOD!
Depression?
Not here. Maybe your neighborhood, have you walked around or even talked to the neighbors lately?
Sure, the depression is on the telly and the newspapers (disappearing) and spewed from the parasitic politician class – but I don’t see it.
Now, maybe YOU remember 1930-1936 well. I doubt it, But from the stories I heard, things weren’t as I just described. Your mileage may vary, but maybe its your vehicle. If its coming, we've got some stores to work off first.
IS CALIFORNIA BANKRUPT
NO.
Are the parasitic politician class pretending so? YES.
Currently, the IOUs are to collect 4% interest! Are you getting that kind of return on CASH?
In 1992, the last time CA issues IOUs, only one N. Cal bank – a credit union with mostly state workers – accepted IOUs. Today Wells, BAC, Chase et. al. promised to cash these IOUS (with a wrinkle, they COLLECT the interest).
Just another TARP/TALF/BARF.
Carry on with the gnashing and wailing.
p.s Ok. Not everybody has it really great.
Fact is, some folks are losing their homes.
You know what that means?
They will move from a home with 2 driveways, 3.2 cars, 3 baths, 4 rooms, 2900 square feet, a boat or RV, and a garage/kitchen/4rooms and a storage unit full of stuff they don’t need...
INTO
... a 3/1 1,100 sq. foot home with only one driveway. AND They might have to downsize to just two cars.
OH YEAH TIMES ARE BAD!!!
And you know that RICH creditor nation (the one that starts with CHINA?).
MOST of their citizens have one or two lighbutlbs in room, if not the ‘house’.
Plumbing? Sanitation Districts?
(har)
Best depression yet!
Pps. Yep, CHINA, INC has begun to let the Ruan run. See last months story on trade using native currency with Brazil. See their bitching about the USD dollar.
The reality is, they screwed themselves. China cant’ collect. All they can do is crash the dollar and screw themselves in the process.
The supply lines are to far for them to support an invasion.
Anyway, they’ve already sent advanced scouts (San Fransisco now is almost a majority Chinese).
You know what happened?
They like it here. Meditteranean climates vs. Monsoons. They built homes and businesses and schools and communities and send their kids to Cal to get a PHD.
And then you know what happens?
Their kids bring the ways of the usa back to CHINA…
Only way they can collect is to BUY our STUFF. And the stuff we have is not cheap-ass plastic trinkets. We have metal, commodities, land, nice houses, food rotting in the street.
They will buy it back – much of it – which is why real estate and gold are such good bets right now.
... trade ya my war fer yers ... -- BWP, 22:07:46 07/03/09 Fri
"Beijing on Friday joined a growing clamour of complaint about US plans for a carbon tax on imports from countries without their own emission caps, warning it could set off a global trade war."
... here it comes ... get ready ta see lotsa empty shelves in yer stores ... they're simply gonna stop sellin' and shippin' here ... and we ain't got the manufacturin' base no more ... we gonna be poor fer a loooooong time ...
... revertin' inta nuffin' ... -- BWP, 21:57:22 07/03/09 Fri
"Millions of mosquito eggs laid across southern Texas after Hurricane Ike hit the coast last summer are waiting for the little bit of rain and hot summer days they need to hatch. That's got the man whose job it is to fight the bugs worried -- he's already running out of money."
... they ain't makin' this easy ... first they rob us then they unleash pestilence and disease on us ... WHO'S MINDIN' THE STORE??!? ... can ya imagine wallowin' in poverty and gettin' eaten alive by bugs while coughin' yer lungs out from swineflu ...? ... WE GONNA BE ANOTHER THIRD WHIRLD SHITHOLE! ... yeah, it's true ... but not fer me ... I'm beamin' up ....
mozel - In high school learned all about how freedom loving America was -- morbius (), 21:46:12 07/03/09 Fri
They told me every day in civics class. Then one May I decided to take my freedom for a spin. All the students were forced to participate in some martial exercise on 'May Day'. If that were not bad enough, we wasted weeks of gym class practicing for the big event. In previous years the May Day Reviewing Stand had been burned by appreciative students. The stand afterward being guarded, I decided to circulate a petition. It was very successful. The (sarcasm on) All Jewish (sarcasm off) school administration was apoplectic. They accused me of being a communist (for protesting May Day - Smart all the way to the top) and threatened to expel me.
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... hand 'em high ... -- BWP, 21:40:38 07/03/09 Fri
"A judge ruling in a shareholder lawsuit filed on behalf of HealthSouth has ordered Scrushy to pay $2.8 billion for his role in a massive fraud at the company. Scrushy denies any wrongdoing, but the judge found him liable anyway."
... here come da judge ... shoulda just shot Scrushy from the bench and had the body dragged ta the town dump ... gonna see lots more quick justice 'round these parts soon, I tell ya ...
... the late great Earf ... -- BWP, 21:31:12 07/03/09 Fri
"Texas brewer, once near defeat, shines again- AP"
... booze it up, boyz ... we all gonna die ... no sense mopin' around when ya can go out blitzed ... face the Void wif a spliff ... listen ta Michael Jackson songs while the mongol hords breach the Western walls ... it had ta end sometime ...
I'm gonna' publish a white man map of the world ... -- mozel, 21:21:52 07/03/09 Fri
so I can mark all those places properly with, "They have no flush toilets there" and the like. On the part Up North I will mark it, "They have Canadians and Canadian flush toilets there." Just so people know what to expect. White people, that is.
Skinnneeee - welcome back -- Carmack, 21:21:24 07/03/09 Fri
"f you buy a car for $20.000., when the government of that great socialist desirable country takes their taxes, that car costs $60.000."
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Soooo you pay it to the gov or you pay it to the HMO's and corporate types for company jets and living high on the hog ? Whats the diff ??
.. turn 'em inta dust ... -- BWP, -- Carmack, 21:10:08 07/03/09 Fri
Looks as if all those smart Madoffwith Chewish Wall Street types may have bum holed themselves as the Merkin financial system and the USD goes round and round in the flusher ! Maybe all the free billions that the Merkin taxpayer pumps annually into Israeli nuclear bombs and military hardware for killing Arabic women and childern will dry up in favour of IOU's! Let me see now will that be Californication or weapons and welfare for the Chews ??
@morbius -- mozel (), 21:05:16 07/03/09 Fri
Do you actually identify the sicko anti-freedom of speech ADL with "America" as your statement implied ?
Hollywood has brain fecked you but good, if you do.
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... a l'il arm twistin' ... -- BWP, 21:04:55 07/03/09 Fri
"TOKYO (Reuters) - Major countries should support the dollar as the key international currency, a Japanese official said on Friday."
... the official, Gotta Yen said he was forced to say this when he was passed a note that threatened to bomb Hiroshima again if he didn't ...
... once we get these pesky holidays over with ......... -- BWP, 20:41:38 07/03/09 Fri
... it's gonna be DA 'SPLOSION! ... yeah, baby ... no more fartin' 'round in poverty ... no sireee ... ya think Bernie had a lavish lifestyle? ... wait 'til ya get a load o' what I'm gonna pull off when gold 'splodes in mine and yer faces ... still sittin' onna sidelines, ladies? ... good luck wif that, girlypeople ...
Oh and Big Bob -- Skinee, 20:34:57 07/03/09 Fri
To further answer your question.
I believe in freedom of the people.
I do not support or believe in a system were workers are forced to pay union dues or belong to a union against their wishes.
I believe in a free world not a union world.
If a person has to pay somebody to look after his affairs on the job.
That person is not worth hiring.
He can't think or act on his own behalf.
Unions look after those kinds of people.
That is why Unions destroy great nations.
... happy feckin' 4th o' July ta the 'merkan buckaroos .... -- BWP, 20:33:12 07/03/09 Fri
... we had our birfday onna 1st ... three days apart ... ain't that peculiar, baby ... me, I saluted my beer, humped a beaver and sang Oh Canada, Eh? ... party time in Norf 'Merika, I tell ya ... gets ya all lathered up 'n ready ta kick a penguin inna nuts ....
Well big Bob -- Skinee, 20:26:02 07/03/09 Fri
I wanna tell you something about unions and socialism and how successful they are.
I was in Stockholm Sweden the other day.
The great socialist enterprise of the united Nations has them listed as the most desirable place to live.
A quick check will show that that is based on the avilability of social services.
They have your great socialist dream world.
Big daddy government looks after you from cradle to grave.
If you buy a car for $20.000., when the government of that great socialist desirable country takes their taxes, that car costs $60.000.
You union loving idiots just love those figures.
That is why 90% of the population of Copenhagen drive bicycles.
You just gotta love the stupidity of Unions, the United Nations and no names mentioned.
Give a big thundering applause to Skinny for setting union loving idiots straight.
I see the feckin Unions are still demanding big wages.
They haven't figured out we are in a recession.
Union members pay a fee each month to dwell in union stupidity and lose their jobs.
I would think that the majority around here who -- Monoimos, 20:05:14 07/03/09 Fri
who now inhabit The turtle nation do not agree on what the powers that be here have done to other nations as well as to itself.
Most of us are mere prisoners who used to be welcomed to other countries but now find few options. (this is coming from a guy who was able to make friends with the French in 1975.)
The pardigm shift of this economic failure will harm everyone in every country.
No where to run and NO where to hide for anyone.
And cheers to all our amigos who reside in our vassel states that include Canada, New Zealand, Australia who think other wise.
I do not think that any around here are going to enjoy the coming power vacuum.
Do U SUPPORT the FULLY UNIONIZED
Teachers & AUto Werkers in Europe & Japan??????????????
AND their Cradle-to-the-Grave Health Care,
Retirement & Unemployment $y$tem$??
I have posted MY Continuing Opposition Since Then
On MULTIPLE Occa$ion$
Buttttttttttttttttttttttttttttttttt
Since yer Stuck On Stupid
I'll wait fer yer NEXT misleading Statement
$00n enuff it will NOT Matter
Wee will NOT bee able to AFFORD IT Any More
I'm sure that wee will then ELECT
Or Have Appointed
A More Suitable Shade Of Dick-Tater
Sum One U & cRIP & Ebeneezer SKINnee can get RIGHT Behind
The Roman Catholic church -- Skinee, 19:22:45 07/03/09 Fri
was the greatest power against freedom of speech.
I am sure glad those 9th century thinking idiots have lost their power.
Of course if the world was flat we could look over the edge.
mozel - aboard our Internet to exercise freedom of speech -- morbius, 19:15:47 07/03/09 Fri
Don't worry. America is working on it to arrange that there to be no reason to be grateful. When they succeed, you will be among the first to know.
I notice all these detractors of America are not grateful about coming -- mozel, 19:12:00 07/03/09 Fri
aboard our Internet to exercise freedom of speech ...
So, they may have many things, but righteous character is not among them.
Yes, Gila you have "opposed the Entrance INTO & CONtinuation" -- morbius, 19:11:26 07/03/09 Fri
"Of the Wars in Afghanistan & Iraq
Since Day One................"
Status: True, but not since Jan 20th last.
"That the Fundamental Objection U Have to Oh!! Blah!! Blah!!
Is his Skin Colour"
Status: Ridiculous mischaracterization of his opponents.
skinny -- faloffal, 19:05:42 07/03/09 Fri
the idea is that 'we' (which may or may not comprise the elusive 'goldbug') are waking up to a mind bending gold hoax spanning centuries. At least the last 4 or 5. Now if that sounds like a script for using words like: saviour and religion, that is fine with me.
Idiotic and completely bass ackwards ......... per the usual skinnee interp -- Earl, 19:01:25 07/03/09 Fri
Goldbugs want the United ?States to go back on the gold standard so they cannot own gold.
That tells me something.
SECRETS OF THE FEDERAL RESERVE The London Connection By Eustace Mullins -- mozel, 18:58:00 07/03/09 Fri
I then wrote up my findings to date, and in 1950 began efforts to market this manuscript in New York. Eighteen publishers turned it down without comment, but the nineteenth, Devin Garrity, president of Devin Adair Publishing Company, gave me some friendly advice in his office. "I like your book, but we can’t print it," he told me. "Neither can anybody else in New York. Why don’t you bring in a prospectus for your novel, and I think we can give you an advance. You may as well forget about getting the Federal Reserve book published. I doubt if it could ever be printed."
...
My original book had traced and named the shadowy figures in the United States who planned the Federal Reserve Act. I now discovered that the men whom I exposed in 1952 as the shadowy figures behind the operation of the Federal Reserve System were themselves shadows, the American fronts for the unknown figures who became known as the "London Connection." I found that notwithstanding our successes in the Wars of Independence of 1812 against England, we remained an economic and financial colony of Great Britain. For the first time, we located the original stockholders of the Federal Reserve Banks and traced their parent companies to the London Connection. http://www.apfn.org/apfn/reserve.htm
And still there are bipeds who maintain there is no conspiracy ... I won't misrepresent them by calling them men.
skinee ... cave dwellers? Nuke 'em. -- GlodCoaster, 18:51:40 07/03/09 Fri
I guess the good 'ol USA with super size fast food loaded with Aspartame, GM grains, hormones... sky-spraying weather mod airforce, Stasi Homeland Security thugs with machine guns everywhere, microchipped animals and soon people, American Idol and Superbowl-worshipping overweight dummies transfixed to their TVs have just gotta show the Arab world how to live eh?
Note to mah Krit-Tics -- Gila_Bob, 18:48:06 07/03/09 Fri
Friends:
I have opposed the Entrance INTO & CONtinuation
Of the Wars in Afghanistan & Iraq
Since Day One................
That has NOT Changed
My post earlier 2-Day merely Pointed Out
ONE of the Many CONsiderations that thee dummycRATs
Have taken into Account (no doubt)
In figuring out what to Due
The fact that u Turd$
Mischaracterize My Po$ition$
Is no le$$ Offensive than the Fact
That the Fundamental Objection U Have to Oh!! Blah!! Blah!!
Is his Skin Colour
Butttt due Troll On
Between the 2 of U
There is much less than Meats The Eye
Big Bob
(The Ebeneezer SKINnee might wanna check into EU Education
He might note that THEIR Teachers
LIKE the Japanese AUto-Workers IN Japan
Are ALL FULLY Unionized..................
With Cradle-to-the-Grave Health Care
The BIG Difference is that THEY are NOT $QUANDERING
Trilli0n$ chasing indigents around the Hindu Kush
And the Mesopotamian Hinterlands
Of course, Ebeneezer SKINnee won't Get This
Since He Undoubtedly Phheed$ at The Same Trough
Along with ALL of the Udder PIG$ FOR WAR)
fallofal -- Skinee, 18:46:34 07/03/09 Fri
Not many people are interested in gold as a world savior.
Some do so as a personal savior but not me.
Goldbugs want the United ?States to go back on the gold standard so they cannot own gold.
That tells me something.
Rip -- Skinee, 18:16:41 07/03/09 Fri
The Detroit airport does not even have a Nexus lane.
That should tell the whole world how feckin paranoid the United States is.
Their gun totting Gestapo should be ashamed of being so far behind reality.
Oh...and guns
The Russian customs agents do not need them.
Rip -- Skinee, 18:10:58 07/03/09 Fri
I did considerable research on the American dollar as a world currecy.
This is basically what it boils down to.
The rest of the world does not have enough paper in circulation to act as a world currency.
And when this recession turns and business picks up, it is going to be a tremendous recovery.
The American dollar will be in great demand.
Personally I am staying with the greenback.
But I do think that the world should have a one world currency, but I am ahead of my time.
It will come.
The Euro Zone will expand to become the world.
The Euro will overtake the Greenback because the Unites States is on a downhill run.
Their schools are graduating idiots.
Thanks to Unions
Rip -- Skinee, 17:56:10 07/03/09 Fri
Any country that is not willing to fight Muslim extremism should not be in a war.
Any country that has a army and cannot have any soldiers killed should not have a army.
The free world is a bunch of candy asses losing out to cave dwellers.
Nuke the feckers
Saddam And Goldman Sachs: Who Is The Student, And Who Is The Master? -- RIP, 17:52:30 07/03/09 Fri
...When Matt Taibbi was writing a recent article about Goldman Sachs over the past seventy years, he asked them some basic factual questions. Here's how they responded:
Your questions are couched in such a way that presupposes the conclusions and suggests the people you spoke with have an agenda or do not fully understand the issues.
In 2004, the FBI made Saddam Hussein watch a documentary about the brutal repression of the post-Gulf War Iraqi rebellion against him. Then they asked him some basic factual questions about it. Here's how he responded: (pdfs)
Hussein opined that a documentary such as this...is not a neutral film produced by neutral individuals...
Hussein said it was "beneath him" to comment about this documentary. Hussein characterized the film as not being objective and that it was made as further justification for "what was being done against Iraq"...
Hussein stated that an accused individual should be able to defend himself...He affirmed that he would not comment on such propaganda films.
aurator -- Skinee, 17:52:21 07/03/09 Fri
A American friend of mine recently returned from a trip to Australia. He said he let on he was Canadian so he would not be american, he told me he got told by one person that he was not American because of the way he pronounced certain words.
Americans are famous for laughing at the British and Canadians for the way they pronounce certain words. I don't think it actually registers with them that the English speak English.
I was laughed at this winter for the way I said Roof and About.
And of course with any American the way they say it has to be correct..
And then they wonder why people think they are idiots.
Denmark and Sweden are so feckin far ahead of the United States on Phone and computer technology it is sickening, but yet a fat hog from New York said to me that they were really not very advanced.
Uh Huh
aurator - then you dumb merkins invaded Iraq -- morbius, 17:10:07 07/03/09 Fri
Aren't you forgetting something? Does Phony Tony and 'The Coalition of the Willing' ring a bell?
Minnows in the lake -- aurator (), 17:01:34 07/03/09 Fri
Now this probably means nothing at all to most on this board, but there's a little old finance company that's just recorded its first loss since it began in business. Big Deal, you say. Well, the big deal is that this little old finance company has been in business since 1934 and HAS NEVER BEFORE REPORTED A LOSS. I wonder how many other companies in the world have had 75 years that's SEVENTY FIVE YEARS of continuous profits. Probably none. So, this minnow of the finance world, steered through its entire life by one man, has reported its first loss. To me this is a loud clarion call, ... BRING OUT YOUR DEAD..... BRING OUT YOUR DEAD.... Cos there's bugger all live ones left...
Chairman Hubbard said it will be disappointing for the group to report its first bottom-line loss since 1934.
"In considering the past 60 years of business, the lending environment today is difficult, due to lower confidence of lenders, lack of exit strategies and sale options. However, South Canterbury Finance will continue to seek lending opportunities in the next year to backbone businesses and industries.
“I am committed to supporting South Canterbury Finance and its 45,000 investors who have loyally supported the group for 83 years."
==============================================
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The Sexigesimal Gold Atom -- faloffal (), 16:57:21 07/03/09 Fri
During a siege is it a good idea to try new ideas?
There is no better time!
The Atomic Structure of the Gold Atom, the Sexigesimal Number System, and Funny Phase Transition that occurs around the number 72.
Do they positively correlate?
The gold atom has six shells, the electrons are arrayed in a form that resembles a ‘family’
• main house
• master bedroom
• first wing
• second wing
The master bedroom is comprised of electrons in all 6 shells, the only part that does. It is the Master because this part of the atom snares the only two electrons in the innermost shell.
A total of 11 electrons are found in the Master Bedroom, arranged in pairs except in the outermost shell, which has only one.
The Sexigesimal system and the gold atom are thus:
Sexigesimal, a derivative of this word, the act of copulation, commonly understood to occur in the Master Bedroom (let’s get this out of the way Right Away! I gnow how some of you think!!), yes, SEX, or SIX, the word neutered by the passage of time. But sex is done in pairs, and here that is 5 x 2, with one lonely heart left over.
You are in a rhythm with me now? So far in this structure, you’ve got 2 + 2 + 2 + 2 + 2, five solid couples, plus 1 remainder. You’re at 11 and you want to make it 12, but there is chaos out there, and I’m reluctant. As a noble beast, I don’t just do it with anyone!
In the gold atom the electrons seem to want to spread out and fill the wings, leaving the Main House with no electrons in the outermost shell, and the Master Bedroom with only one (see above). Where are those outermost electrons? In the wings! Chirp, chirp. Through careful noble sex the family grows and spreads out. Refer to an image of an angel, or a cuneiform of the planet Nibiru with its feathered wings… You may remember the discussion with Cherokee where we looked at a crop circle that someone said depicted the Gold Atom complete with two wings? But wait. They are not the same. The first wing is short and powerful, 3 shells deep. The second wing is longer, and strung out over one shell, the outermost. I think I might have to call Anu, Enki and Enlil for an explanation!
Getting back to the Number 12 rhythm: what I propose is to assign a Sexigesimal series to each shell. The Master Bedroom (where the Sex is performed), is the silly instigator of this concept.
Now, at this point these numbers are simply Assigned. They don’t represent Years, or Degrees or anything else that may screw up your Cause and Effect logic.
If you are wondering about 0 to 11, take the area in the atom enclosed by the first shell, this is the nucleus. So the very center of the atom is assigned 0. The number 11 is also the number of electrons in the Master Bedroom, so if you are looking for symmetry, here is an example of what’s to come.
By now you’ve noticed 72 is the progressive number assigned to the outermost shell, a shell that has only 1 electron in the Master Bedroom portion. This electron in the outermost shell is gnown to react with other elements, but only very rarely. This is the conceptual period of Phase Transition (Ok, I did it, I correlate the year. Can we also correlate the precession of the equinox, or maybe Earth’s axial rotation perturbation?)
The (ASSS) is breathing down my neck now. This wasn’t supposed to happen. Armstrongian Spook Sexigesimal System is so dialectically opposite the October 10, 2008 document, who would be so bold to design the Universe like this? And if you were to gnow this information, who would be so brash as to try and ensnare the Gold community with a net from their own tackle box?
Regards
Ocean’s 11
Ps: I’m still working on posting a diagram showing a Poincare Gold Atom.
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Montana Fest -- aurator, 16:54:39 07/03/09 Fri
I'd've been welcomed at the first couple of Montanafests, then you dumb merkins invaded Iraq and the rest, as they say, is history.........
Mr Le Skinny put it best...
But you can't blame the united States for being paranoid, the rest of the world hates their guts. I found that out on this last trip. I was to Holland, Denmark, Sweden, Norway, Estonia, Germany, Russia.
But you can't blame the united States for being paranoid, the rest of the world hates their guts.
But you can't blame the united States for being paranoid, the rest of the world hates their guts.
But you can't blame the united States for being paranoid, the rest of the world hates their guts.
In a hurry? After reading the Introduction, You may wish to read the Summary and Conclusion next. Then back into the rest.
Introduction:
There are 144 signs of the zodiac when you combine Eastern Astrology with Middle Eastern Astrology, 12 years x 12 months. In Suzanne White’s book ‘Chinese Chance’ she has something to say about all 144 signs, plus a few remarks about the special Fire Horse year.
I’ve taken this information and incorporated the data into Timewave and Quant-time. I’m interested in the Sexigesimal crossovers and the Fire Horse year. I’ve already posted the information on Tiger Year, which is next year. It looks very unsettled and we’re in for some nasty surprises. But as far as market conditions it might be a big winner for some because of the ‘wild variability’. S.White’s comments are in “Quotes”
Astrology in Timewave and Quant-time:
We’ve passed through this one already:
1936 Double Rat, 72x, Peaking early December 2008, Sagittarius-Rat
“Tact is not the primary quality of Rat people born in the sign of Sag. ‘the truth and nothing but’ drives the piston of this subjects energy vector. Privately, he will be idealistic and intellectual. In public, this Rat is expansive. He knows how to make a silk purse from a grain of salt, or a mountain surge up from a hill of beans. You will marvel at this Rat’s ability to charge at obstacles larger than himself and topple them with his charm. Sagittarians are aggressive. Rats are persistent. This is an energetic combination that guarantees success, provided that the environment is free of constraint. Good humor will reign supreme, so long as this heady Rat subject is applauded and cared for in the style to which he would like to become accustomed.”
Closing in on this one:
1949 Double Ox, 60x, Peaking late July 2009, Leo-Ox
“Tempered somewhat by the influence of the Ox’s water element, Leos born in the Year of the Ox will probably not take themselves as seriously as Leos are wont to do. This person can offer tremendous succor to those less fortunate than himself. I propose you do not approach him for charity, however, unless you intend to return his philanthropy in kind. Leo Oxen’s are born leaders. Quieter and less flamboyant than usual, they nonetheless wield a mighty big stick when power is accorded them. This plodding human dynamo ought not to push his luck in the authority department. His ego might get in the way of his common sense and the walls of his fortress could come tumbling down. Napoleon, even though he was born reasonable enough and ascended to the throne through a series of imposingly well-designed strategies did allow gloire to muddle his lucidity once too often. If things look very rosy for this subject, he is advised to remember that Waterloo may lurk menacingly close to the end of that starry scepter.”
Then it gets nasty:
1962 Double Tiger, 48x, Peaking late March 2010/1962, Aries-Tiger
“The elements of fire and wood unite here to create a rare blaze. The ego is paramount in the case of both signs. Aries are sprinters, strong beginners, project undertakers, and persistent forgers ahead. What better combination than these two dauntless soldiers? Something a bit less energetic and vehement? Hugh Hefner is a Tiger/Aries. Have they no shame, these Tiger rams? Not very much, I’m afraid. If it gets out of hand, throw water on it.”
Burn, baby, burn:
1966 Fire Horse, June 2010, Gemini-Horse
Not a sexigesimal cross, but significant as special 60 year FIRE horse anniversary in Quant-Time. It’s also a significant alignment in Timewave6 with the Finding of the Ark of the Covenant in 1127 and Templers meeting at Council of Troyes in 1129. If you’re East Asian you may see the 44 year-old anniversary double 4’s, as significant, and plan your fear/fire response accordingly. If your descendants are European, it’s Holy Grail time.
“Whip yourself up a bonfire and watch it dance and change shape in the night wind. Now you have seen what a Gemini’s air can do to the fire of Horse people. Ingenuity, even genius, resides within this multifarious creature. Gemini Horses crop up in the strangest places. Movies, the theatre, music, politics, and other public careers attract their expansive natures. One small problem is that Horses born in the sign of the twins are periodically unsure what they really want to do with their lives. A Horse without personal mission is like a man without a country. Vacillation, mutability, indecision, and flightiness may beat this Horse to his own finish line. He rarely completes what he undertakes. And, if he does take a project to its end, he will be slow in getting it down to the next one. Bored easily when not stimulated by success, the scatty Gemini Horse may be busily engaged in putting himself out to pasture before his time.”
Still not out of the woods:
1974 Another Double Tiger, 36x, Peaking late October 2010, Scorpio-Tiger
“This time the wood is found floating rapaciously across the water. Scorpio’s and Tigers are so alike that such a person could be said to expect to either leap off a bridge before he’s old enough to swim, or burn a very respectable amount of them behind him throughout his hectic life. All the aspects of the Tiger/Scorpio combination are not positive. But they are all strong. Gangsters might readily be found among this lusty group of Tiger people. The manner of these people may be gruff and put you off. Don’t be alarmed. The reason for this is simple. Scorpio/Tigers are off-putting gruff people. Don’t forget to look for the marshmallow fluff. It’s in there somewhere”
Summary:
I’ve not much to say about Sagittarius Rat, other than it’s the sign behind the orchestrated take down in 2008. “You will marvel at this Rat’s ability to charge at obstacles larger than himself and topple them with his charm” Doesn’t this sound beautiful? Is this the refrain of the mainstream media knowing full well the ramifications of the set-up in the political arithmetic that toppled the great unwashed? Of course it is!
The Ox-Leo period is just weeks away. The Major Character: Napoleon. There’s a lot of ground that can be covered by an analysis of this major historic figure. If you are considering a punt on Europe you may want to spend more time than usual figuring out your exit strategy. This period in Timewave6 has the Vikings ready to make their most impressionable first raid (793) According to Toynbee these raids ‘make’ England and France what they are today. The Nords can never finish the job, you’d wonder if this were part of the divine matrix? If so, the Law of Compensation would steer you towards a heavy Scandinavian investment. We’ve been down this road before, so maybe just add to the current position.
Aries-Tiger, and Gemini-Horse, what can be said that isn’t FIRE? Fire is so prominent in these two paragraphs that I had to go away from my computer and freak out a little. We are going to have a pretty good global burn next year. It’s been mentioned before the conflagration aspect of 7 planets aligning in Capricorn last December. Aries-Tiger and Gemini-Horse, plus the Fire Horse 44-year anniversary of 1966. Here are now three more points that confirm my bias. But something nags…is the Fire Horse ingenuity Star Fire-Spiritus Mundi-Philospher Stone-White Gold?
Scorpio-Tiger period late October 2010 sounds like anarchy, or a period when the ‘law’ decides to round up the latest generation of evildoers. “This time the wood is found floating rapaciously across the water” Once again the word: fire, but a metaphor, as bridges burn or perhaps a water crossing invasion.
War is my guess. Timewave6 is not friendly either. The conniving Philipp IV is about to do in the Templers and force them underground for several centuries. The Holy Land goodies float off to Scotland.
Conclusion:
Very serious catastrophes involving water, and especially fire. A genius Fire Horse, dear me: Alkhemical Fire Horse. A warning of war or political intrigue coup d’etat, in Tiger year tradition, in this reading of times past, present and future.
Yeah, morbius -- RIP (), 16:34:22 07/03/09 Fri
It looks like Gila tossed his vote....so BO would win.
And now.....all is kool.
Even the Afghan surge.
Indefinite detention.
Torture.
Wiretapping.
etc.
etc.
And if you point it out....you are a racist.
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RIP - I think Gila just hated Bush because he was white -- morbius, 16:29:05 07/03/09 Fri
because he sure has no problem with Bush policies as long as BO is implementing them.
America getting paranoid -- Skinee, 16:24:22 07/03/09 Fri
I flew into the United States from Europe Tuesday. The Americans were taking palm prints and finger prints and pictures of everyone on the plane. I stood in line almost a hour. I said to the gestapo, you must have many travelers miss connecting flights, he said yes many do. He said they should put at least five hours between flights when arriving in the United States. I went to Russia and they never put me through that bullshit. anyway, he said get going, They already have the picture and prints of me.
And Obama is telling Russia the cold war is over.
Sure is but not in the United States.
But you can't blame the united States for being paranoid, the rest of the world hates their guts. I found that out on this last trip. I was to Holland, Denmark, Sweden, Norway, Estonia, Germany, Russia.
I hope Lord Jim hasn't predicted anything based upon his tomato plants -- RIP, 16:22:49 07/03/09 Fri
Late blight - the same disease that caused the Irish Potato Famine in the 1840s - occurs sporadically in the Northeast, but this year's outbreak is more severe for two reasons: infected plants have been widely distributed by big-box retail stores and rainy weather has hastened the spores' airborne spread. http://www.boston.com/business/ticker/2009/07/plant_disease_h.html?p1=Well_MostPop_Emailed1
will not -- Nuclearson, 16:09:07 07/03/09 Fri
sign organ donor card or give away free blood until
I either get paid for it, OR
they give it to the people that get it
free of charge
the current framework is way to slanted in the
hospital$ favor
will give freely and whenever to family or friends though when the times comes
Gila_Bob - What ever happened to that libertarian that used to post here.... -- morbius, 15:54:31 07/03/09 Fri
what was his name...Big Bob, or something like that?
If a finger of a man can be entered into commerce, then why cannot a whole body of a man ? -- mozel, 15:53:28 07/03/09 Fri
The right to dispose of men, body and soul, in commerce is the right to a trade in slaves. Such a trade has been abolished in and among the States of this Union by amendments to Constitutions.
The john, The John, The JOHN, and THE JOHN could all refer to the same and may be presumed to do so by judges and bureaucrats, however, they do not necessarily so refer, if you can prove the contrary with admissible evidence.
Before proofs of title are considered, identification of the thing claimed should occur.
Gila tis fuzzy but for one you cant sell your body parts -- Monoimos, 15:32:22 07/03/09 Fri
you of course can donate or give them away says the guv
but this does not bode well for the self determination of ones own body and parts. In this case the state clearly
is making the final ownership claim on your body.
Four gold producers on top 10 list -- mercury, 15:08:25 07/03/09 Fri
ELKO — Gold producers moved up in market capitalization rankings among global mining companies as the industry was bludgeoned with falling commodity prices and rising costs in the fourth quarter of last year, a new PricewaterhouseCoopers LLP study shows.
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Upcoming Southern California Money, Coin and Paper Shows -- mercury, 14:47:26 07/03/09 Fri
ANA World's Fair of Money August 5-9, Los Angeles Convention Center,
The 2009 Golden State Coin Show, August 22nd and 23rd, Masonic Center, 50 West Duarte Road in Arcadia, CA.
The September North County Monthly Coin Show, On September 6th, Embassy Suites Hotel in Anaheim, CA.
47th Annual Fall Long Beach Coin,
Stamp & Collectibles Expo, September 10th through the 12th, Long Beach Expo, Long Beach Convention Center.
Buena Park Coin and Stamp Show Retail Clerks Hall, 8550 Stanton Avenue, Buena Park, CA 90622. October 3rd and 4th
Lyn Knight puchases Memphis International Paper Show -- mercury, 14:31:56 07/03/09 Fri
reports are attendence at the show last week was decent and sales were not too bad, generally mixed.
... how true it is, that states and governments were made for man; -- mozel, 13:45:18 07/03/09 Fri
and at the same time how true it is, that his creatures and servants have first deceived, next vilified, and at last oppressed their master and maker.
Justice Wilson (seriatim opinion), Chisholm v. Georgia (1793), 2 Dall. (2 U.S.) 419, 1 L.Ed 440, 455.
@ Teck and Chinaman -- RIP, 13:24:38 07/03/09 Fri
I hope the Chinese know that no matter how many 'B' shares they acquire.....the voting rights rest with the 'A' shareholders.....who are Keevil and Sumitomo.
We Have Not Scene -- Gila_Bob, 13:15:21 07/03/09 Fri
Friends:
How the Banking $yndicate$ who TRIED ta Grab the Re$ource$
Of companies like Teck in the Bridge Loan $w00n
Feel about only gettin' their FRN'$ Backque...........
The REAL Deal Here Is
What objections will these $hy$ter$ Rai$e
To the Chine$e Inve$t-Mint
And They WILL
Like with Rio Tinto in the Parliament
"National Security" and all That
Big Bob
(While Posting Troops Around the Whirled
Hither, Tither & Yonder don't Cripple That
The Blind shall EVENTUALLY See
Buttttttttttttttttttt
First we'll have anudder bout of Flag-Wavin' Gerbil Phantasea
And TCK announced last Nite
That they had had cRIP on the Payroll since November 2008
"Not to take his advice" said their Spokesman
"But as a sort of Guide-Post about What NOT To Do
To Save the Company...............
A clear referant to what a Plan WOULD Be
If it lacked any Business Sense At All"............
Hopi prediction if the trouble comes from the West -- Monoimos, 13:09:11 07/03/09 Fri
do not look or marvel at it from your roof tops just go inside your dwelling and hope you will live...
Yerh Bufford the wheel is visably turning -- WIFFO, 12:56:27 07/03/09 Fri
It comes down to real wealth. Things not paper assets or even claims on things that are real such as wealth ina ground. Everything will done to garnish these assets. Chinnee know this and as the game goes on those that do not know this will be de-nuded of their wealth. Those that have real estates will come out on top. Make sure your mining companies canot be called on for debt. Every trick in the book will be played from here on in.
Wow. Using the rule of 72, we can see what is transpiring in the G7/20 and that the emerging world is forced into huge money supply growth to “sterilize” the massive influx of G7/20 money exports:
To Top
Russia, 72 divided by 43.7 equals money supply doubling every 1.64 years
India, 72 divided by 20.15 equals money supply doubling every 3.57 years
China, 72 divided by 17.06 equals money supply doubling every 4.22 years
Australia, 72 divided by 16.64 equals money supply doubling every 4.32 years
United States, 72 divided by 17. equals money supply doubling every 4.23 years
Denmark, 72 divided by 14.53 equals money supply doubling every 4.95 years
UK, 72 divided by 13.06 equals money supply doubling every 5.51 years
Mexico, 72 divided by 12.69 equals money supply doubling every 5.67 years
Euro zone, 72 divided by 12 equals money supply doubling every 6 years
Brazil, 72 divided by 12.37 equals money supply doubling every 5.82 years
Korea, 72 divided by 9.97 equals money supply doubling every 7.22 years
OECD, 72 divided by 8.22 equals money supply doubling every 8.75 years
Canada, 72 divided by 8.15 equals money supply doubling every 8.83 years
Germany, 72 divided by 6.16 equals money supply doubling every 11.68 years
I could continue, but the point has been made. These are economies that CONTEND that inflation is contained and running below 4% in the developed world, and less than 6% in the emerging world. “Inflation is a policy of government” and constitutes a crack-up boom in its infancy. Those headline numbers are used to fool the dumbest among them and they keep the man on the street as their fool and victim. This is the face of public servants and government PREYING upon their constituents.
A ten-year bond or currency from these countries is a certificate of confiscation. You are GUARANTEED to lose half the purchasing power or more.
The BIGGEST money in the world is operating under the false assumption that you can store wealth in global currencies, stocks and bonds. The definition of this was irreparably changed during Bretton Woods II in the early 1970’s. Now we see why commodities and natural resources are in BULL markets against ALL currencies; almost 40 years of annually-compounded debasement is finally catching up with the central bank fraudsters and their public servant masters.
@ Chinee should have stockpiled Dell computers, windows Vista, and Iphones! -- Pyrite, 12:07 -- MoreGold (), 12:32:38 07/03/09 Fri
Come to cANADA ... We still Gata loads of VCR'skies on sale here ... eh!!!
If yer Lucky, you may find some SONY WALKMANs too ...
Hahahahahahahaha
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Written by Greg Weldon - Weldon's Money Monitor | Friday, 03 July 2009 05:41
Today he uncovers a fact that could change the world...
"FLASH ALERT:
We MUST send out this 'flash alert' ... as the USD rallies, and commodities decline, counter to our 'stance' ... we note that the moves are coming on the back of headlines trumpeting 'Dollar supportive' comments from the Chinese Central Bank, who said that they would like to see a 'stable' dollar. BUT, under the guise of "watch what I do, not what I say", we note that the People's Bank of China has ACTED, somewhat decisively, in a way that has avoided pop-media hoopla (thanks to their dollar supportive 'mis-direction') ... in saying that because the dollar has NOT been 'stable' ... that the central bank will now allow banks to undertake settlement of cross-border transactions between Chinese exporters, and members of the Association of Southeast Asian Nations, in CHINESE YUAN !!! Further, the government will offer TAX BREAKS to exporters who make use of this new settlement option !!!! And, there is talk that a similar announcement will follow soon, involving trade with Brazil. Unless I am missing something, this is HUGE news, and it is FAR from 'dollar supportive'. With payroll data dues within an hour, and a long US holiday weekend looming, it would not be prudent to act upon this 'read' until after the jobs report has been released. However, with commodities on the run, and with the dollar appreciating, and, with two Chinese trading days until the US 'trades' again, we would not be shocked to see the dollar lower, and commodities higher, early next week. The news from China is significant in our opinion, and marks an acceleration in a global political-attack on the greenback's status as world reserve currency. Indeed, comments from both the Chinese CB and the Malaysian CB this morning seek to shine the spotlight on the next G-8 meeting, as a time to begin a more serious discussion as it relates to 'global reserve currency alternatives'. We remain dollar bearish, and thus, we remain friendly towards the commodity complex. We wait for the US Employment Situation Report, to complete our next full-blown Money Monitor focus on the US macro-market scene, which also includes a top-down overview of the Housing and Mortgage markets, and focus on some eye-opening data for Commercial Bank Lending.
Gregory T. Weldon
Michael Campbell: "Greg Weldon is a regular guest on Money Talks because he is the most thorough analyst in the market today. His research is used by serious market students and investors alike. He is a must read for anyone interested in investments." Register for a free trial HERE.
Weldon Financial was founded by Gregory Weldon in 1997, and is recognized within the industry as one of the top macro-research firms in the world. After attending Colgate University within the Class of 1982, Greg began his successful career in the financial markets “in the middle of the mayhem”, in the Comex Gold and Silver Pits. He quickly discovered that a trader’s instincts are his most valuable resource, along with vigilant analysis of the fundamental data and a clear understanding of a market’s technical structure."
Chinee should have stockpiled Dell computers, windows Vista, and Iphones! -- Pyrite, 12:07:31 07/03/09 Fri
There's a tad of trooth to that. But not in them things.
I just had my old VCR bite the dust. JUST as I wanted to dub some of my former antique toys IN OPERATION onto DVD.
There ain't no VCRs no more.
Pawnshop? Zilch.
Finally a guy on the coin forum rescued me and sent me one they were throwing away.
Which didn't have any sound output.
MANY told me to go to Walmart where they "should" be $29 or so. They don't even CARRY VCRs.
Nope.
Then, on da way home from Walmart, I got a IDEE!
Try GOODWILL
Bingo!
5 and 6 bucks per!
Now.... think of it. No new VCRs. Loads of folks whose unit still works so in the American TRADITION, they postpone dubbing. Until their unit goes OUT!
So ... whutcha gonna do?
Someone with some 5 buck stored VCRs is gonna have a whole generation of procrastinators who suddenly NEED to dub the tape with Aunt Melba drunk at the wedding.
And.... serendipitously.... NOW would be the BEST time to get a Goodwill unit.
People are ..thinking... that with no new tapes and all the new releases on DVD, why just DUMP that VCR. Even NEWER ones.
The stack of VCRs at Goodwill were CLEAN!
FAR better than the shit that the okies wanted to pawn at our shop not a haffa mile away.
Betcha cud do WORSE than store some of them clean used units if ya got the room.
Someone finally "getting it"? -- AZAU, 12:02:05 07/03/09 Fri
MOUNTAIN OF DEBT: Rising debt may be next crisis
MOUNTAIN OF DEBT: Legacy of debt from Founding Fathers not celebrated on Independence Day
* By Tom Raum, Associated Press Writer
* On Friday July 3, 2009, 11:20 am EDT
WASHINGTON (AP) -- The Founding Fathers left one legacy not celebrated on Independence Day but which affects us all. It's the national debt.
The country first got into debt to help pay for the Revolutionary War. Growing ever since, the debt stands today at a staggering $11.5 trillion -- equivalent to over $37,000 for each and every American. And it's expanding by over $1 trillion a year.
The mountain of debt easily could become the next full-fledged economic crisis without firm action from Washington, economists of all stripes warn.
"Unless we demonstrate a strong commitment to fiscal sustainability in the longer term, we will have neither financial stability nor healthy economic growth," Federal Reserve Chairman Ben Bernanke recently told Congress.
Higher taxes, or reduced federal benefits and services -- or a combination of both -- may be the inevitable consequences.
The debt is complicating efforts by President Barack Obama and Congress to cope with the worst recession in decades as stimulus and bailout spending combine with lower tax revenues to widen the gap.
Interest payments on the debt alone cost $452 billion last year -- the largest federal spending category after Medicare-Medicaid, Social Security and defense. It's quickly crowding out all other government spending. And the Treasury is finding it harder to find new lenders.
The United States went into the red the first time in 1790 when it assumed $75 million in the war debts of the Continental Congress.
Alexander Hamilton, the first treasury secretary, said, "A national debt, if not excessive, will be to us a national blessing."
Some blessing.
Since then, the nation has only been free of debt once, in 1834-1835.
The national debt has expanded during times of war and usually contracted in times of peace, while staying on a generally upward trajectory. Over the past several decades, it has climbed sharply -- except for a respite from 1998 to 2000, when there were annual budget surpluses, reflecting in large part what turned out to be an overheated economy.
The debt soared with the wars in Iraq and Afghanistan and economic stimulus spending under President George W. Bush and now Obama.
The odometer-style "debt clock" near Times Square -- put in place in 1989 when the debt was a mere $2.7 trillion -- ran out of numbers and had to be shut down when the debt surged past $10 trillion in 2008.
The clock has since been refurbished so higher numbers fit. There are several debt clocks on Web sites maintained by public interest groups that let you watch hundreds, thousands, millions zip by in a matter of seconds.
The debt gap is "something that keeps me awake at night," Obama says.
He pledged to cut the budget "deficit" roughly in half by the end of his first term. But "deficit" just means the difference between government receipts and spending in a single budget year.
This year's deficit is now estimated at about $1.85 trillion.
Deficits don't reflect holdover indebtedness from previous years. Some spending items -- such as emergency appropriations bills and receipts in the Social Security program -- aren't included, either, although they are part of the national debt.
The national debt is a broader, and more telling, way to look at the government's balance sheets than glancing at deficits.
According to the Treasury Department, which updates the number "to the penny" every few days, the national debt was $11,518,472,742,288 on Wednesday.
The overall debt is now slightly over 80 percent of the annual output of the entire U.S. economy, as measured by the gross domestic product.
By historical standards, it's not proportionately as high as during World War II, when it briefly rose to 120 percent of GDP. But it's still a huge liability.
Also, the United States is not the only nation struggling under a huge national debt. Among major countries, Japan, Italy, India, France, Germany and Canada have comparable debts as percentages of their GDPs.
Where does the government borrow all this money from?
The debt is largely financed by the sale of Treasury bonds and bills. Even today, amid global economic turmoil, those still are seen as one of the world's safest investments.
That's one of the rare upsides of U.S. government borrowing.
Treasury securities are suitable for individual investors and popular with other countries, especially China, Japan and the Persian Gulf oil exporters, the three top foreign holders of U.S. debt.
But as the U.S. spends trillions to stabilize the recession-wracked economy, helping to force down the value of the dollar, the securities become less attractive as investments. Some major foreign lenders are already paring back on their purchases of U.S. bonds and other securities.
And if major holders of U.S. debt were to flee, it would send shock waves through the global economy -- and sharply force up U.S. interest rates.
As time goes by, demographics suggest things will get worse before they get better, even after the recession ends, as more baby boomers retire and begin collecting Social Security and Medicare benefits.
While the president remains personally popular, polls show there is rising public concern over his handling of the economy and the government's mushrooming debt -- and what it might mean for future generations.
If things can't be turned around, including establishing a more efficient health care system, "We are on an utterly unsustainable fiscal course," said the White House budget director, Peter Orszag.
Some budget-restraint activists claim even the debt understates the nation's true liabilities.
The Peter G. Peterson Foundation, established by a former commerce secretary and investment banker, argues that the $11.4 trillion debt figures does not take into account roughly $45 trillion in unlisted liabilities and unfunded retirement and health care commitments.
That would put the nation's full obligations at $56 trillion, or roughly $184,000 per American, according to this calculation.
California IOUs.......Do they pay interest? -- AZAU, 11:53:49 07/03/09 Fri
"I am not so concerned about the return on investment, as I am concerned about the return OF investment!"
They won't be worth a "continental" to "coin" a phrase(heh,heh)
This is the great American sin. -- mozel, 11:53:09 07/03/09 Fri
"What is the great American sin? Extravagance? Vice? Graft? No; it is a
kind of half-humorous, good-natured indifference, a lack of 'concentrated
indignation', as my English friend calls it, which allows extravagance and
vice to flourish. Trace most of our ills to their source, and it is found
that they exist by virtue of an easy-going, fatalistic indifference which
dislikes to have its comfort disturbed....The most shameless greed, the most
sickening industrial atrocities, the most appalling public scandals are
exposed, but a half-cynical and wholly indifferent public passes them by
with hardly a shrug of the shoulders; and they are lost in the medley of
events. This is the great American sin."
Joseph Fort Newman, Atlantic Monthly, October 1922
One might accept an IOU from someone who doesn't have the cash on them right now, but who you know is good for it.
How does that fit California, being bankrupt with nothing but more trouble on the horizon? Those are the types that you take only cash from.
You see, over here in the US, we have an army that will come smash you up good if you refuse our coupons. What's Ahnold gonna do...send the Terminator?
And talk of California gold? Ha! Maybe the kind you can smoke.
CHINEE Comrade Metals Buy Desk ... -- MoreGold -- Pyrite, 11:05:06 07/03/09 Fri
We will BURY them dopes. They're gonna get stuck with COMMODITIES!
Serve em right.
TORONTO -- Teck Resources said on Friday it will sell a 17.2 percent equity stake to state-owned China Investment Corp. through a private placement that will raise C$1.74 billion ($1.5 billion) and help the miner pay down debt.
Teck, a top miner of zinc, copper, and metallurgical coal, will sell 101.3 million shares at C$17.21 each, a 7 percent discount to Thursday's closing Toronto-listed price of C$18.50.
In a statement, Teck Chief Executive Don Lindsay said the transaction was "an attractive opportunity for Teck to establish a relationship with a major Chinese financial investor."
Teck said CIC, a sovereign wealth fund, has said it is acquiring the shares as a long-term passive financial investors and has agreed to hold the stock for at least a year after closing.
Vancouver-based Teck will use the proceeds of the deal to cut bank debt. The miner took on nearly $10 billion in debt last year to buy Fording Canadian Coal Trust, which made it a top producer of metallurgical coal, or coal used in the steelmaking process.
The company has sold some assets to pay down the debt, and has said it planned to sell a 20 percent stake in its coal business. Lindsay has said the company has seen strong demand for coal out of China, which is overhauling its steel industry.
Inflation = Revolution -- Monoimos, 10:08:03 07/03/09 Fri
Inflation will push 50% of the U.S. population into poverty with the diminshed relative purchasing power of the dollar.
BULLISH-MIKES GOT MY E-MAIL PLEASURE ME -- Rack, 09:42:03 07/03/09 Fri
why I want to make more money -- Bullishonbronze, 07:41:17 07/03/09 Fri
a. buy bullion
b. give it away randomly because that is the greatest pleasure in life, IMHO
Economy shrinks at 1930s rates
The recession is now on a par with the very worst year of the Great Depression,
By Edmund Conway and Angela Monaghan
Published: 6:16AM BST 01 Jul 2009
Economy shrinks at 1930s rates
The dire state the UK is in emerged on Tuesday as revised figures uncovered the full extent of the country's economic contraction.
The economy shrank by 4.9pc in the year to the first quarter of 2009, the Office for National Statistics said. The fall in gross domestic product was significantly greater than had previously been calculated, as Government statisticians became aware of the full scale of the fall in company activity.
"Clearly this is now the worst peacetime recession since the 1930s," said Michael Saunders, chief UK economist at Citigroup. "The worst contraction then was a year of around -5pc; this year will not be hugely different."
__________________________________________
How can this be called a Recession if it equals the '30s in the rate of shrinkage?
Big Pharma crimes exposed by one of their own -- GlodCoaster, 09:01:20 07/03/09 Fri
Dr John Rengen Virapen is a scientist and company director who after 35 years of work in the pharmaceutical industry (Eli Lilly), has blown the whistle on his former employer:
“The pharma industry is the most powerful industry in the world, they sleep in the same beds as government … they also kill more people than the wars we have in the world … we need the pharma industry because there are some good things out there, but most of it is rubbish … they’re not interested in curing a disease you may have, they’re more interested in making you get diseases …”
WATCH HERE: http://www.youtube.com/watch?v=6QMYFgC_YSo
________________________________________
the latter 4 sentences I sacraficed for you all like an American -- Bullishonbronze, 09:00:34 07/03/09 Fri
I was though having a rather profound spiritual experience at the time
there is a raison for me here .. a reason why Bullishonbronze has not been kicked off -- Bullishonbronze, 08:57:30 07/03/09 Fri
despite all my drunken rages
I have something too offer as the world requires ahead of ourselves
and this is me
it doesn't seem like it, for I feel rather uncomfortable for a while but I can accept that a new way is coming along ... I know this is possible and within Christ as I have had superior understanding to the Protestants
however; where is my wife? Where is my Irene, my Stacia?
my love
where is my love oh Yaw of Dav
dear my lor tug uon me all you allof you for I love this coneection no don't leave
States without budgets: -- AZAU, 08:40:10 07/03/09 Fri
States beleaguered by budget woes set to ring in Independence Day without fiscal game plan
* By Andrew Welsh-Huggins, Associated Press Writer
* On Friday July 3, 2009, 4:07 am EDT
COLUMBUS, Ohio (AP)
California Gov. Arnold Schwarzenegger declared a fiscal emergency and ordered state offices closed three days a month to save money as state officials began paying bills with IOUS on Thursday.
Deep budget cuts have already forced California school districts to cancel summer school programs, moves that have affected -- among others -- elementary and middle school students in Los Angeles, which has the country's second largest district.
School officials in North Carolina, Oregon, Florida and other states have also cut or limited summer classes.
North Carolina's budget crunch apparently wasn't bad enough to persuade lawmakers to work through the holiday weekend.
House and Senate negotiators said Thursday they will go home rather than iron out differences in taxes and spending, despite Gov. Beverly Perdue's stern advice to finish the budget.
Pennsylvania schools still don't know how much state money they'll receive and may have to reopen their budgets to add or subtract spending. The state's budget year began Wednesday with no sign of a deal between lawmakers and Gov. Ed Rendell.
Ohio Gov. Ted Strickland and lawmakers are stymied over a proposal to allow casino-style gambling to raise money. As a result, the state started its budget year with a one-week temporary budget.
That interim spending plan was already putting a strain on some social service groups.
The state food pantry agency has only $163,000 available to spend on produce this week, regardless of how much more they could purchase. The group spends $400,000 a week at the height of Ohio's harvest.
"This budget impasse is impacting real Ohioans," said Lisa Hamler-Fugitt, executive director of the Ohio Association of Second Harvest Food Banks. "People for the first time in their lives are now finding themselves standing in the food line because they've lost their jobs, their incomes aren't stretching."
___________________________
Oh come on ... give up dollar. -- GlodCoaster, 08:35:40 07/03/09 Fri
Is the gold short position so bad that the dollar must be defended at all costs?? Well, Uncle Jimmy says gold's heading for 1260 and 1600, so tough luck gold shorters, youse is gonna be in trubble - just bend with the trend.
okay -- Bullishonbronze, 08:25:43 07/03/09 Fri
I had to look around for the link to this site. And all of a sudden comes talinking is this spirit person. Saying things.
To condense. ... they are more confused than we are.
Two Buck Chuck will be outlawed in California -- Monoimos, 08:24:15 07/03/09 Fri
So Good and SOOO cheap. Californication is the only way to go which is Drunk and Stupid mixed in with a splash of spirtual awareness...
I always go to In and Out Burger not just for the food but to witness a modern money making machine. Their hamburgers are one of the best values left in California. And people seem happy to be working there.
I also spend hours at Trader Joes where I watch them sell cases of two dollar per bottle of wine that is drinkable all day long.
Would move home but must wait for the revolution.
Oh How I love California but it is like a beutiful women.
I bot a lot of gold Thursday -- Bullishonbronze, 07:19:25 07/03/09 Fri
kinda think it might be close to a bottom, although Futures point lower as Gila Bob has mentioned
but for hard hands types, this is time to start getting more ... depends on what you got in cash
in time I will have nothing in cash ... except for 1/2 Kennedy 40% half dollars
Bullish -- Skinee, 07:08:21 07/03/09 Fri
I had a pile of ABX at one time and made good bucks. I used to trade it often. I had a bid in a long time ago and missed out by a few cents and never tried again. I usually bought when it was around $26 Canadian. The last time I bid was $22., anyway I will probably buy some more on a gold pullback.
What province do you live in?
even accidents -- Bullishonbronze, 07:07:58 07/03/09 Fri
"to discipline
undiscpline"
.. note the misspelling in the latter word. This was unplanned. So, even in the training I have lended there it is something more. Whether this is that or this. It is a decided pronouncement. Nothing can be controlled
futures USA SMkt quite volatile over past 12 hours -- Bullishonbronze, 07:00:48 07/03/09 Fri
if you knew
if you knew
the balls it took to be me past so many weeks ...
well how much money are yu dealing with Bullish? -- Bullishonbronze (), 06:57:11 07/03/09 Fri
I am drunk a lot of the time; but it is like Rocky where the real are wrecked and the real are
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by the way -- Bullishonbronze, 06:50:35 07/03/09 Fri
I stopped my email bullishonsilver@hotmail.com
I got too many replies
so if you wanna contact me, then you have to buy a coin offa Norwester and he will lead the way to know me if your are substantial ... meaning if you got a soul.
Those that have read me long time. Know I am connected with St. Peter, the ... who just told me I don't know him.
The “Spirit of Humanity -- doran, 05:50:02 07/03/09 Fri
An Israeli government spokesman recently rebuked the President of the United States, a country, the Israeli said, who stole all of its land from Indians, for complaining about Israel’s theft of Palestine. http://informationclearinghouse.info/article22964.htm
@Goldman @Rolling Stone -- Smythe, 04:58:33 07/03/09 Fri
Goldman is now to the world what the Treaty Of Versailles was to Weimar Germany. Same crowd different moniker. And we know what grew out of that. These parasites NEVER learn. Irretrievably blinded by greed. Can't help themselves. God only knows what whirlwind they have now sown for themselves.
I lost a good thought when this popped up -- Bullishonbronze, 04:55:08 07/03/09 Fri
About VoyForums Privacy.
I already know about all this sort of thing from my time leading a revolution in centroAmerica
sin embargo, ugh.
.................
an actress, yes from Hllywd, asked me: how
I said ... don't mistake my hand for what it is pointing, neither for what it is holding. Now here is a Krugerrand for I am like Jesus, the Eucharist, for real and not some chump protestant full of words.
changes 2 my lifestyle -- Bullishonbronze, 04:24:48 07/03/09 Fri
coming up
the part time job I work I cut my hours down to half days instead of random full days
I intend to put more time into the following on a dedicated basis:
a, fixed time on literature study
b, fixed time for study of The Calculus
c. fixed time on study of French and Spanish language
d. contemplation of Gen 2:15 Vulgate [ tulit ergo Dominus Deus hominem et posuit eum in paradiso voluptatis ut operaretur et custodiret illum ]
e, contemplation of Thérèse of Lisieux
f. daily gratitude
-- -- Winston, 03:58:05 07/03/09 Fri
Charles H. Smith
What If The (Debt-Based) Economy Never Comes Back?
July 2, 2009
The U.S. economy currently has no Plan B in the event the credit/consumer economy never comes back--a scenario which appears not just likely but inevitable. http://www.oftwominds.com/blog.html
Air France plane didn't break up? Skepticism grows. -- doran, 03:49:37 07/03/09 Fri
The conclusion by the French accident investigation agency, known as the BEA, drew criticism from aviation analysts. But the decision to continue the search for the black boxes was welcomed.
this is a damn insightful post -- Bullishonbronze, 03:46:14 07/03/09 Fri
something to ponder the implications .... financial bloggers in from out in the cold? -- Bullishonbronze (), 01:07:25 07/03/09 Fri
===================================================
it doesn't seem so, but it takes years of education and sacrifice to bring finance and liberal arts all together like I did there.
* @ FLASH ... Drunks Are Running The OIL Markets ... GOLD ??? -- MoreGold, 03:28:20 07/03/09 Fri -- Bullishonbronze (), 03:43:24 07/03/09 Fri
when I was with the futures brokers, the drunks were the most reliable, myself included. The rest were gamblers and coke heads or else beyond any of the above:
a kind of cold man ... pure money
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@ FLASH ... Drunks Are Running The OIL Markets ... GOLD ??? -- MoreGold, 03:28:20 07/03/09 Fri
‘Rogue broker’ blamed for oil spike
By Javier Blas and Izabella Kaminska in London
""" Traders said the broker implicated had allegedly accounted for at least half of the unusual activity, with the rest the result of others chasing the rally. Oil prices on Thursday fell to $66.5 a barrel, down almost 10 per cent from Tuesday’s peak.
The Financial Times has identified the PVM broker as Steve Perkins. PVM declined to comment and Mr Perkins could not be reached. Fellow traders said Mr Perkins was considered an experienced broker, well-regarded in the market.
This is the second episode of rogue trading in the oil market this year. In May, an oil trader at Morgan Stanley was banned by the City watchdog after he hid from his bosses potential losses on trades made under the influence of alcohol.
The incidents come as regulators are considering tougher oversight of the commodities markets after policymakers complained that speculators fuelled last year’s surge in oil and agriculture prices. """
Prime8 .. from voy 205877 .. -- Delta-au (), 02:42:52 07/03/09 Fri
M O N T A N A F E S T ..........info will be forthcoming.... -- Norwester, 00:36:40 07/02/09 Thu [1]
..I'm hoping to send out a more complete email to anyone
who is planning to come to Libby for the Labor Day Weekend
festivities .......will try to get that out this weekend...
my email: dollar@nwlink.com
NW'er
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MontanaFest -- Prime8, 02:39:31 07/03/09 Fri
Id maybe swing by Montanafest if someone would shoot me an email. rtruono@gmail.com, Rob
hey nogtans -- ballgame, 02:37:47 07/03/09 Fri
Is that a cup and handle in the zar/usd? Is there a financial meltdown coming to SA like happened to Iceland?
something to ponder the implications .... financial bloggers in from out in the cold? -- Bullishonbronze (), 01:07:25 07/03/09 Fri
.. recently CNBC's resident geek took on Zero Hedge and a few other bloggers. This gave worldwide attention to these bloggers, fringe dwellers who discuss gold and the secret workings of the PPT and Goldman.
an article posted here tonight, I think from the Wall St. Journal, mentions Karl Denninger and gives link to his Market Ticker website.
my question for your consideration is whether this alters the landscape?
It is said of Poland, that when communism fell, Poland became suddenly a less Catholic country even among those still content to practice the religion despite the ingress of Western-Pop-Culture. ...
perhaps, cf. Colin Wilson's seminal book: outsider
Wilson explores the psyche of the Outsider, his effect on society, and society's effect on him.
...>>>
Lo! What is to become of our key financial bloggers now that they are becoming mainstreamed like retarded children being forced into public schools.
I can remember how it was when gold got to be more mainstream and part of normal people's portfolio. Many of the fellers here suffered an identity crisis. It was no longer bohemian to be a bug.
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The 2nd aircraft to be downed occurred on the eastern boundary of the African Tectonic Plate today -- b_w, 01:01:12 07/03/09 Fri
Hey cherokeeee what do want to bet these "storms" are coming from the near earth orbit "machinery" that seems to be running out of room up there with the "Peace Station", aka death stars. LOL!
trading stopped -- nogtans, 00:52:05 07/03/09 Fri
how many times has trading been stopped on the NYSE?
Know it has been stopped during 9/11(Hey, this is a cue for unearthing tired theories again !)
Did they stop trading any time during the great depression?
What is the current policy?
Revolutionary care: Castro's doctors give hope to the children of Chernobyl -- doran, 00:28:32 07/03/09 Fri
A steady procession of children with bald heads, skin lesions and other malformations have since benefited from splashing in the clear blue Caribbean waters. Twenty-three years after Chernobyl, the Cuban programme is still going strong. Remarkably, children born years after the disaster still suffer physical consequences of the meltdown that irradiated large parts of Ukraine and Belarus; equally remarkably, despite isolation and economic miasma, Cuba still manages to tend to them. http://www.guardian.co.uk/world/2009/jul/02/cuba-chernobyl-health-children
BUFFORD @ TRE -- Bullishonbronze, 00:22:14 07/03/09 Fri
I added more today. Now most of the accounts under my control have 6% of their total assets in TRE.
I'd say that is a vote of confidence for Jim Sinclair.
stimulus and bailouts have produced nothing but more fraud and theft. -- b_w, 00:22:01 07/03/09 Fri
You cannot "stimulate" your way out of excess debt. Of course an ignorant half black marxist cannot know this. His criminal wall street gang know it but the plan is for the "stimulus" to fail and bankrupt the fed gov.
The ability of Canadian banks to navigate the current financial storm is earning global plaudits. -- b_w, 00:12:30 07/03/09 Fri
Yeah we really need that NAU to supply the good ole USA with solvent banks. Thank god for the queen, er Canada.
TRE from contrary investors cafe -- BUFFORD, 00:05:02 07/03/09 Fri
Posted: 30 June 2009 Tuesday 10:48
Quote
Reply
Ready to Explode Junior Miner #5:
What’s Better than Mining Gold and Getting Paid? Letting
SOMEONE ELSE Mine the Gold and You STILL Get Paid!
Let me tell you a story about a guy who made millions on gold back in the 1970s. And just to give away the
end of the story, he’s now running a gold business with a plan to turn every $1 into $50.
The One Man That Knew…
Do you remember the rising price of gold back in the 1970s? For most people in the U.S., rising gold prices in
the 1970s were no big deal. The future of the economy was based on monetary theory. After all, the economists
had all studied calculus in college. The Federal Reserve would tweak the interest rates here and there. And we’d all
have full employment and prosperity forever. Right?
Nope. That’s not how it worked out at all. It turns out that the rising gold price was a reflection of the decline in
the value of the dollar. The inflationary policies of the U.S. government form the 1960s sowed the sees of horrible
inflation in the 1970s. It was like the wheels just fell off the U.S. economy. Inflation destroys capital, and wow… did
we ever destroy a lot of U.S. capital back during the 1970s!
Still, who knew?
Well, there WAS this one guy. He was kind of a kook. One of those “gold-bug” people. He was this voice out
in the wilderness, talking about how the dollar was tumbling due to inflation. In fact, at one point when gold was
selling for “only” $150 per ounce, this oddball was predicting we might see $900.
People scoffed. Many were downright disdainful. “$900? For gold? Ha! What’s he smoking?”
Well, the day after gold hit its $850 high in January 1980, this guy sold his entire position. His profit? More
than $15 million.
ENERGY & SCARCITY INVESTOR
Set for Life: Eight Keys to Getting “Miserable Rich” with Gold
12
And then… he got out. Mr. “$900-Gold” said the bull market was over. And of course, he was right. And rich.
Not Exactly Unemployed
So what to do for an encore? Well, this guy was not exactly unemployed. In 1981 his telephone rang. It was
Paul Volker, Chairman of the U.S. Federal Reserve.
The Hunt family, of Texas and Hunt Oil fame, had tried to corner the silver market. They had bought up immense
quantities of silver, and run up the price to nosebleed levels. Now the Hunts were in trouble with the feds for a variety
of securities law violations. But there was another problem. What to do with all the silver?
If the U.S. government just dumped the entire block of Hunt silver onto world markets, it would utterly wreck every
sort of market mechanism, not to mention destroy large swaths of the world mining industry. Can’t do that.
So Chairman Volker asked this 1970s-era gold bug — OK, his name is James Sinclair — to serve as the
“Precious Metals Advisor” to Hunt Oil and the Hunt family for the orderly liquidation of their silver position. With Jim
Sinclair onboard, the Fed then put even more skin in the game by arranging a $1 billion loan (a lot of money, back
then) to support the liquidation. And Jim Sinclair sold the silver.
As you can imagine, Mr. Sinclair’s fame as a precious metals forecaster, and silver-broker to the Federal
Reserve, helped him make many new friends and acquaintances. He spent the 1980s and 1990s investing in
numerous businesses, writing books and articles, traveling, and speaking at conferences and private gatherings. It’s
kind of like the old TV commercial for a particular brokerage house, “When Jim Sinclair talks, people listen.”
The Prophet of Gold
In 2001, when gold was near its bear-market low of $252 per ounce, Jim Sinclair told Forbes Magazine that
gold was going back up. At first, he “only” predicted $440. But he’s been riding the gold rush to higher levels ever
since.
And what is Jim Sinclair doing now? He’s running a small company called Tanzanian Royalty Exploration Corp.
(TRE: AMEX, TNX: TSX).
Tanzanian has interests in vast swaths of land in Africa, specifically in the ancient Precambrian rocks of Tanzania,
in East Africa. Much of the acreage is proven to be rich in gold deposits. Within the past 15 years, the exploration
geologists have turned up over 40 million ounces of gold resource in the region. There are also significant deposits
of nickel and diamonds.
So what is Jim Sinclair doing? He has NO PLANS to develop any of it. And just like back in the 1970s, it makes
you say, “Huh?” Or even “What?! Is he crazy?”
Yeah, Jim Sinclair is crazy like a fox. His strategy is to farm out the hard work of digging gold, nickel and diamonds
to other companies. Let other folks build the mines, develop the sites and bring them into production.
And what about Jim Sinclair’s company, Tanzanian Royalty? Well, it means that he has no equipment, no big
expenses, no big payroll to meet, no environmental liability. Jim and his company can just make deals, sit back, keep
watch over what the partners are doing, and collect a healthy cut of the profits via royalties.
Can this possibly work? It’s very similar to the strategy another gold company called Franco-Nevada Mining used
earlier this decade. Franco-Nevada popped from a few bucks a share to $180. Early investors made 50 times
their money.
In the end, Franco-Nevada merged with Newmont Mining and Australia’s Normandy Mining to form the world’s
largest gold producer. At the time, Newmont paid 97 times annual 2001 sales for Franco Nevada. (And this premium
ENERGY & SCARCITY INVESTOR
Set for Life: Eight Keys to Getting “Miserable Rich” with Gold
13
is the yardstick that Jim Sinclair has in mind in the event of a future takeover.)
Franco-Nevada’s strategy involved purchasing production royalties on the open market. However, as I’ll explain
below, Tanzanian intends to develop royalty income via more elaborate property development agreements with
established industry partners, most of them major companies.
In short, the Tanzanian business model is to “find gold” cheaper through other firms exploring Tanzanian licenses,
than by buying gold reserves on the open market.
But There’s More…
In April 2002, shareholders of Tanzanian Royalty Exploration (formerly Tan Range Exploration) approved the
acquisition of Tanzania American International, a company controlled by the Sinclair family. Following this, Jim
Sinclair became Chairman of Tan Range. He now leads its effort to become a “royalty company,” primarily with gold
but also with nickel and diamonds.
A royalty company has a business model that’s quite different than that of your basic, rock-digging miner. In general,
Tanzanian enters into a “royalty option agreement” with a mine developer. Then it’s the role of the developer to
complete exploration work and any subsequent resource calculations. This moves the significant capital expenses of
exploring, developing, permitting and building a mine onto the counterparty, and not on Tanzanian Royalty.
Tanzanian has rights to 121 prospecting licenses covering over 4,150 square miles in the Lake Victoria
Goldfield. This is an established gold-mining province, with several “super-mines” in the region (operated by Barrick,
AngloGold Ashanti and Australia’s Resolute) producing over one million ounces of gold annually. That’s serious gold!
Naturally, Jim Sinclair and Tanzanian would like
their own “super-mine.” But Jim is more than willing to
let someone else pay for finding the ore body and
developing it. So we’re at the stage where almost all
of Tanzanian’s gold-prospective properties are slated
for development within the context of its royalty model.
And Tanzanian’s partners are no fly-by-night group.
Indeed, they are the biggest of the big names in mining.
Tanzanian currently has royalty agreements in place
with Barrick Gold and Northern Mining Exploration.
Tanzanian is also the largest individual landholder in the
Kabanga Nickel Belt of Tanzania, which hosts the high
grade Kabanga Nickel Project. This latter development is
a joint venture between Xstrata and Barrick Gold.
Meanwhile, Tanzanian has “confidentiality agreements”
in place with numerous other explorers. These guys are
doing the foot-work, the geophysics and drilling to find
and define the ore bodies that are certainly out there.
Then they tend to partner-up with the big miners that
have the capital to develop the deposits.
Barrons Magazine Gets It Wrong
Tanzanian recently received some bad press in Barrons Magazine, which referred to Tanzanian as a “failed
exploration company.” The thing is, to be a failed exploration company there are two things that have to happen.
ENERGY & SCARCITY INVESTOR
Set for Life: Eight Keys to Getting “Miserable Rich” with Gold
14
First you must fail. Second, you must be an exploration and development company.
Neither criticism applies to Tanzanian. Tanzanian is doing just fine, thank you. It controls land in some of the
richest goldfields of Africa. The majority of Tanzanian’s properties fall under royalty agreements. So the term “failed
exploration company” is hardly a fair categorization by Barrons.
Tanzanian Royalty — A Company With Potential
Tanzanian lists about 88 million shares, currently selling at about $3.80. Its 52-week low was $1.58 during the
2008 market meltdown. Its 52-week high was $5.55. The land position in Tanzania is excellent, and the royalty
model has solid precedent with what happened to Franco-Nevada. The list of business partners is first Class (Barrick,
Xstrata, etc.)
At root, however, this is a “James Sinclair” story. And Jim has a long history of both being right and being in the
right place at the right time. If you buy into Tanzanian, you can ride along with Jim. And he’s ridden to riches before.
Action to take: Buy Tanzanian Royalty Exploration Corp. (TRE: AMEX) up to $5.
Looks like the giant Con-Game is ending, and it's reality time, -- AZAU, 00:04:38 07/03/09 Fri
Going to get uglier from here, because the stimulus and bailouts have produced nothing but more fraud and theft.
Obama promised a huge number of new jobs from Stimulus & its done spent -- b_w, 23:56:57 07/02/09 Thu
Last I saw only about 10% of so of the graft has been dispersed. Most of it is to be doled out just before the next election. Ya see these dumb fec political types have such SHORT memories. Ya got to bribe em right BEFORE the election.
Poor Ruth Madoff ... guilty by association and evicted just like a Palestinian. -- mozel (), 23:56:35 07/02/09 Thu
The similarity is probably the reason she is getting so little sympathy and support, from some quarters. In others she is simply getting just punishment for associating with a criminal.
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What re-payments have actually been received by the -- AZAU, 23:55:29 07/02/09 Thu
gobmint from the Banks?
Here's the problem with the lousy UE Report today -- APOLLO, 23:45:32 07/02/09 Thu -- Bullishonbronze (), 23:48:46 07/02/09 Thu
I was wont to tell a friend about the Swedish rate cut to <0.25%> today ... as being bullish for gold in USA.
but then it occurred to me that the US Market might somehow spin this as supportive of $USD on a relative basis.
what is the status of the Swedes vis a vis the Euro currency? Does Sweden have its own currency? Do members of the European Union each set their own rates? Is Sweden a member state?
TIA
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MORE STIMULUS! Bring it on, Another Round! -- AZAU (), 23:46:53 07/02/09 Thu
And another it will be.
All due haste will be made to shore up the collapsing ramparts as onslaught grows...More Bailouts over here, and make it quick!
All siphoned off by the banksters, no matter how much you feed it!
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"A higher amount of gold should be on hand than the physical amount of gold counted," -- b_w, 23:46:14 07/02/09 Thu
We have also noticed a strange phenomenon. Each time we count the gold LESS is there. For example the last count yielded a shortage of 17,657 ounces; the count before last yielded a shortage of 17,531. Since we are unable to explain this we have passed a law that there will be NO MORE gold counting. Hopefully this will solve the problem.
Here's the problem with the lousy UE Report today -- APOLLO, 23:45:32 07/02/09 Thu
Obama promised a huge number of new jobs from Stimulus & its done spent - where da new jobs go?? So now what??? More Stimulus???? The USD hasn't a prayer.
question for the Mexicans or Mexi-philes out there -- Bullishonbronze, 23:44:16 07/02/09 Thu
was driving through a barrio and happened to notice a nice little store called "Foot Massage". Clean, well lit and they had a picture of the foot with the accupressure points on the wall.
Did not at all appear to be an untoward establishment.
Don't mind if I do return for a massage. . . . "¡Y este pequeño piggie vino y vino!"
What Horrors Await? What massive Defibrillation must we -- AZAU, 23:28:35 07/02/09 Thu
behold on the anniversary of Independence, like the eye of King Lear, plucked from his head to spite himself?
Or is it Wells Fargo, another pustulating cancerous -- AZAU, 23:19:47 07/02/09 Thu
lesion of corruption, fraud, and real estate nightmare with the Wachovia boat anchor around its neck?
Bank in Trouble? ......Why, Ahhhh Declayah.... -- AZAU, 23:16:06 07/02/09 Thu
the GRAND COLLAPSE right on the 4th of July Weekend! What Fireworks Await? Bank of America, because of California's not having any money, and because Ken Lewis spilled the beans on the FED?
More saturday nite Specials!
If you don't clean up the mess, it just gets messier.
"A higher amount of gold should be on hand than the physical amount of gold counted," -- b_w, 23:15:30 07/02/09 Thu
LOL. What a classic!
Ranks right up there with my dog ate my home work. Let me ask you a rhetorical question "Has there EVER been a government coffer counted that yielded the same physical result as the books (before they are changed)?
guess she should of stuffed it up her azz -- skys39, 22:59:23 07/02/09 Thu
Feds seize Madoff penthouse, wife leaves- AP
Federal marshals seized disgraced financier Bernard Madoff's $7 million Manhattan penthouse on Thursday and forced his wife to move out and leave her possessions behind, including a fur coat she had asked to take with her, an official told The Associated Press.
@ Are ya goin to Libby? -- BWP, 22:47:00 07/02/09 Thu
... can't make it ... Mike got off his ass too late ... had already made plans .... gonna miss the boyz ... LIBBY ROOOOOLZ!!! ....
@ ... What's Mr Mysto gonna do for his two year bank holiday? -- BWP, 22:44:54 07/02/09 Thu
... already called the beer truck ... and all the hydroponic equipment is here ...
Brian dubya -- mudturtle, 22:44:51 07/02/09 Thu
Are ya goin to Libby? I need some more downhead shit like you were saying a few years ago on how everything will be owned by the few poitically connected. It isn't that you were wrong at all, it is just the depressive effect of hearing it.
Let's party one last time before the all out currency collapse, eh? I just hope that it doesn't come when we are out on the road. Carry a couple of Maples and some 20 Francs for small change in case they won't take dollars of any sort at the bar.
BWP - What's Mr Mysto gonna do for his two year bank holiday? -- Kitcotodd, 22:41:09 07/02/09 Thu
[Edit]
... buyin' cars, eh? -- BWP, 22:41:08 07/02/09 Thu
"TORONTO (AP) -- Ford Motor Co. of Canada Ltd. has claimed the top spot in Canadian vehicle sales in June for the first time in 50 years, the company reported Thursday."
... canadian car analyst, Furry Sprocket said the zippy new Ford Beaver outsold Honda's Yellow Snow by a wide margin ...