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babycakes - was that a subtle message to newly regarding you know who? <gg>
adopt middle aged dog to teach him some respect.
Every "car" on the road was a convertable.
GS is the PPT and they're away at the hearings in Washinton today.
No PPT today.
Fabian - this isn't the same fly you often speak of is it?
"A Web site(edit: flyonthewall.com) ordered to delay publishing the stock recommendations of financial-services firms has warned a federal judge in New York that the ruling may put it out of business."
http://news.yahoo.com/s/ap/20100414/ap_on_hi_te/us_broker_reports_lawsuit
Thanks, Bruce & Gottfried
Bruce - what's the best free anti virus for an older computer? I use a 2gig pentium with 500m of ram and running win 2000 pro, as backup. I used to use AVG but it is no longer compatable with win 2000. I don't want to mess with upgrading my OS.........thanks
NM, you make perfect sense as to M1's behavior. However, what triggered j6p's sudden desire to withdraw his money? Could it have been the banks being leveraged at 40:1 or more on their derivatives in a deteriorating RE market. Might this leverage been encouraged by the repeal of Glas-Steagal?
Zab - Good luck to you on Monday.
We defeated the RedCoats, although it took a while, they exchanged them for Armani Suits. <gg>
brightness - I enjoy reading your posts and shall continue to do so............shalom
We are talking education here, politics aside. I don't condone communism, nazisim or any other "ism". I am simply stating the effects of education on man's evolution. Sputnik brought us GPS and the man on the moon among other things.
Please do not get offended but, might I suggest you calm down a bit and condense your thoughts somewhat.
From the Mediaeval guilds to the present union movement, all were ironically created by industry through coercion. Law of unintended consequences you might say.
Cuba is an exception, It has been artificially isolated. Given a level playing field, and with their level of education, they are quite capable of contributing to the world economy.
As for the French and the Brits of the 18th century, both countries were equally educated, simply a contest between two educated societies. No comparison to the illiteracy of Haiti and Zimbabwe.
1917 illiterate Tzarist Russia succumbed to communist revolutionaries who stressed education of the masses. The result…………...Sputnik.
Perhaps the reason they could keep more of what they made was because it was only through unions they were able to negotiate that "more of what they made"
If one is interested in a society without education look no further than Haiti, Zimbabwe, or any third world Nation. However, for contrast it may be helpful to also look at Denmark and Sweden.
<<"Paper degree acquisition was no more a reason for the "middle-class" than union was. The American middle class was born because people could keep more of what they made">>
zab - I understand and fully agree with you. We must first be in tune with our bodies and then with mother earth. I feel fortunate to not have had to dodge any bullets as you have in my 74 years.
Good trading
Ice sheets are formed by the accumulation of snow and ice over time and eventually break off of their own sheer weight. As the meeting of tectonic plates that build up massive energy through friction over time, which is eventually released as earthquakes. Been happening for millennia. Certainly not a result of man's behavior.
<<"those twp giat icebergs that just broke off from the antartic a few days ago heading for Australia,">>
gtober - Re your omega 3 rec. I've been taking daily doses of flax seed oil straight out of the bottle for years. Haven’t had a cold or the flew since I don't remember when.
Just to add: when playing a stringed instrument, Banjo, Guitar, after a while my fingers would begin to go numb. Flax seed oil (omega3) relieved that too.
just an old geezers humble experience
fishweed
"The rabbi gets the salary, and the mohel gets the tips."
Fabian, your calls have been prescient. I don't know how you do it but keep it up.
Zab - global warming/climate change, is a Trojan Horse........with Bankers inside!
Zab - Re climate change. What tugs at my cynical nerve is the $$$$$$$! Why must everything be monotized? Do we need carbon credits that can be bought and sold? Do we need derivatives based on this? Does all of this have to be managed by investment bankers? Must we again, rely on wall street to lead us to the promised land?
Markets can be influenced in both directions for the right cause.
Fabi - You've got to admit, that cratering of the markets 6 months ago did a superb job of convincing congress to pass all that bailout legislation without even reading it.
Newly - You do know that all the guys at Goldman Sachs have their shirts taylor made in order to have one sleeve shorter than the other, nothing to do with their physical makeup though, just to make sure the Rolex watch is showing.
<<.."He's got to take concrete steps to eliminate corruption," Adm. Michael Mullen, chairman of the Joint Chiefs of Staff said last week. "That means you have to rid yourself of those who are corrupt. You have to actually arrest and prosecute them." ..>>
Perhaps we should let the Pentagon police wall Street....
Basserdan - The implication of the article seems to be the government was never involved in the illicit drug trade. IMHO the war on drugs was no different than the present "war" on wall street. The results are the same.
Fabian - I believe the James Grant article is available online........
http://online.wsj.com/article/SB10001424052970204518504574420811475582956.html
View from above - Mine That Bird........
http://nbcsports.msnbc.com/id/22825103/vp/30539276#30539276
Talk about $70/hr autoworkers - what kind of contracts have the banks been agreeing to with their employees. I always thought bonuses were paid as a reward for improvement in ones performance......????
With billions being sloshed around to save banks from their own wrongdoings and you suggest there is no evidence........?????
Thanks Bruce, your insight much appreciated.
Bruce - I have a similar problem. Have a 98 /Chevy Silverado with a 5.7L vortec, 250k on it and though still running decent, using too much oil. Can't afford a new rig. Not sure weather to rebuild or buy a new engine from GM. GM offers 100k/5yr warranty?
Mind me asking, was this a labor of love cost be da**d? Did you go with a short or long block or did you rebuild the original. Where did you buy your parts.
Thanks
I believe LG coined that phrase.
They've paid farmers not to grow produce......now pay home builders not to build.......isn't that the American way? <g>
Fed - There's a difference.......... Chavez and Putin only take equity stakes in profitable companies not losers!
Peak oil is nothing ........................... The sun spots have been waning lately........ could it be the sun has reached it's peak output?
basserdan & greenehugh.....thanks for your response on Don Coxe.
Basserdan - does Don Coxe have an archive of his weekly report? If so, is it accessible to the public?......thanks
Zeev - may you rest in peace........thank you for being you.......
fishweed
It wasn't that long ago that here in the U.S. they wouldn't allow cameras or cell phones into factories in fear of industrial espionage........now they're shipping whole factories to China, Russia, India, Mexico.................go figure????