Stacy Summary: Your thoughts?
“I hope that as the largest economy in the world and an issuing country of a major reserve currency the United States will effectively discharge its responsibilities,” Wen said at a news conference in Egypt, according to wire reports.
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So the obvious question is who owns the T-Bills now? Or to put things another way, who is America’s new landlord?
@ …..
Chinese premier calls on US to control deficit
Where has this Chinese Premier been for the last 100 yrs RODFL
N why the F#&K is he called a “Premier” He should be called a premier “Idiot” RODFL OOOOOSSAAAAA….burb aaaaaa (Code name for USA) dont know anything about saving its not in thier dictionary RODFL
An example of why price does not equal value.
Exactly. Joe and Jane are willing victims of the G20 IMF gizmo machine.
@france
That space between perception and reality about gold value is grand canyon wide re Joe and Jane bag of doughnuts.
An example of why price does not equal value.
@frances
Most people have no clue, but the retail gold buyer is really very small………for now
Funny vid though
http://www.nu.nl/economie/2118682/banken-doen-werk-van-god.html
Dutch story about GS top exec thinking that GS does the work of God…
youri what I learned recently is that the sun rotates differently at different spots a fact which builds up energy. What causes the sunspots I do not know!
@WL:
Did you scroll down to the comments? One blogger linked this classic:
http://www.youtube.com/watch?v=Gk5aRIz17fk&feature=player_embedded
@warburg sidney
If the sun gets “At a certain moment, when the sun’s magnetism reaches a crucial point, the sun’s surface will be subjected to immense storms” wouldn’t you ecpect more and more sunspots instead of less like what is happening now? Or is the sun gonna surprise us now apart from the observations which have been done before? A sudden outburst on 2012?
There is no evidence of any of that kind cause we simply don’t know. Since many changes go gradually rather than abrupt I stick to the disbelieve untill we see more changes on the sunspots.
@Youri:
Yes. You nailed it again!
@frances snoot
You also have the “Smuggy Pink Pimp” smile of wonnabee cheap salesman. That must be Obama. Here a good demonstration of that smile by Cramer: http://www.youtube.com/watch?v=-_zKCUG20xs
@warburg sidney
I have not read his book, only seen his interview at Project Camelot, where he mentions this 50 year tolerance. His calculation is based on the 11 year cycle in sunspots ( in conjuntion with a 11,000 year cycle– —which i dont know and this is where i was lost)
http://en.wikipedia.org/wiki/Solar_cycle
I have not yet read a book that would give me an exact calculation. I believe some of the books out there fail because they try to match the mayan timelines with the Gregorian timelines.
@warburg,..I think that’s one thing about life we can be sure of,..it eventually ends
75% of septic tanks (yanks) are overweight and dumb!
And that isn’t what Government wanted?
Long term agenda!
Drug and overfeed the cattle before you slaughter them, me thinks.
Here’s a nice clip to lift everyones spirits ; )
http://www.youtube.com/watch?v=NR4wipToefE
@Photoception – I’ve noticed that; I think you can look to Japan as what US wants to achieve . . . they WANT the carry trade in order to keep their currency cheap and their population away from saving and toward speculating
from patrick´s web
In this book I scientifically reveal the millennia-old codes of the Maya and the Old Egyptians, which refer to this super-disaster. The reader gets carried away in an astonishing series of discoveries about the secrets of a long lost past — of an antediluvian civilization, which was able to calculate the previous polar shift, and its late descendants, who have calculated the next reversal for 2012. What I discovered is incredibly shocking and of such crucial importance, that it concerns everybody without any exception.
The Dresden Codex of the Maya, for instance, contains the secrets of the sunspot cycle, about which our modern astronomers know nothing yet! The conclusions that follow, are even more staggering.
At a certain moment, when the sun’s magnetism reaches a crucial point, the sun’s surface will be subjected to immense storms. They will cause a super-catastrophe on earth, without equal. The astronomical Zodiac of the Egyptians described the exact dates of the previous disasters and their consequences for our planet.
When you combine the facts of these phenomena, you are able to prove the source of the number 666, known from the Bible as the number of the Apocalypse. It is taken from the Egyptian civilization and indicates an aberration in the sunspot cycle, which lays the foundation for the forthcoming world cataclysm.
Furthermore, both cultures had made incredibly precise calculations for the orbit of the earth around the sun. They are so accurate, that they exceed our present values! Completely astonished by this discoveries, I could do nothing but acknowledge these ancient particulars as exact, and with that, concede that our end is imminent.
Every time the dollar begins to form a bottom theres some random news headline that comes out about why the dollar sucks. The media clearly works for wall st.
The dollar was bottoming, than Robert Fisk started that dumb rumor. Friday the dollar was flat despite stocks/commodities being up. So in order for the carry trade to continue they needed this IMF headline.
The carry trade was begining to unwind the past 2 weeks, turn on CNBC and you could see the desperation for an excuse to continue the trend. This is hilarious. I’d rather be on the side of reason than these greedy traders who can only make money by rationalizing their positions.
doomandbloom
what is this maya calculation about and how accurate is it?
Is that theory in patrick´s book?
I get excessive smiling a lot, maybe there is a lethal dose for kindness after all…
My doctor friend and his doctor father say the swine flu does not give them reason to use vaccines yet, it is usually a three day flu with not much to say about it. Keep fit is his advise..
75% of the US youth is to fat and dumb to fight. Of course one could wonder why the young should fight for the f-ups of the babyboomers.
http://www.foxnews.com/story/0,2933,572351,00.html
@ warburg sidney
i saw the Patrick Geryl video on Sat..and actually liked him. His theory is reasonably good..the only problem is that he is trying to link it with the Mayan calendar. By his own account the actual year of the pole shift may be off by around 50 years but because other things point to 2012, he also is saying the same.
If his theory is combined with Paul Laviolette’s, there is an explanation of why the activity of the sun would increase tremendously (superwave phenomenon). The date of this occurence is not yet clear( as Paul says it could happen in the next 400 years).
The Truther Girls – Ukraine Mutated Swine Flu is a Bioweapon http://www.youtube.com/watch?v=ekZG7D8YkNA
I have an theory; the industry of the west (and financial scams, colonial robbery expedition/exploitation) has shifted, most work in the service sector. Now the consumer has been pushed to its limits and beyond the economy is purposely in free fall. (not need to elaborate on that, you are the financial experts). The reason developing nations are “rising” is only because of the cheap labour, easy laws (slave labour in china). As soon as wages reach an certain point, it is an “western” size economy; the industry will swift to another part of the world where profits can be made, and speculators can cash in with controlled demolition of such an economy. If you re on the right “side” it’s the best thing since the wheel, fire and electricity. So my prediction is that there is no new empire, the empire is hidden: global giant corporations and speculators are the new uncrowned royalty. (don’t even get me started about royal families). So developing economies show the way; if you just work for slim to nothing you’re industry/manufacturing will grow again, too badly the average western citizen has an way higher standard of living/prices are much more inflated.
youri
Patrick Geryl found and understood old text concerning an advanced theory about sunspots of the acient maya-culture (he has no clue how they got to that knowledge). This theory relates to the idea of a cataclysm in 2012. The interview at Camelot is interesting
http://www.projectcamelot.org/patrick_geryl.html
Geryl is Belgium and has a unusual Dutch arrogance for a person from Belgium (sorry to say) and I hope deeply that he is very wrong!
phew, i guess i ought to thank my lucky stars that i don’t have my own family (even though i think i’d like one), i never thought i’d actually be saying this especially when i consider that as a 25 year old , an ever increasing number of my friends are getting married and having kids.
From ZH
David Rosenberg: This Is How We Get To $2,750 Gold
http://www.zerohedge.com/article/david-rosenberg-how-we-get-2750-gold
Wait, I mean $50/oz.
Phil, we are going the route of Argentina. The government seized the 401k’s. The government kissed the bankers’ bottoms and left the people to gnaw bones.
If the dollar crashes, who is going to pay the IRS in April? (Not to mention that the IRS is a private corporation which steals money for the criminal cabal at the IMF)
Answer: nobody. We pay with assets or our flesh and blood now.
People need to set themselves and their families up for really hard times.
Maybe silver will be $100/oz by the time the project is fully funded. It’s easy to mail an ounce of silver.
@PHIL:
YES, IT WOULD BE IF THE BANKS WEREN’T INSOLVENT, THE DOLLAR CRASHING, THE STOCK MARKET READY TO CRASH, THE GOVT. MONETIZING THE DEBT, AND WW 3 PEEKING AROUND THE CORNER.
You long dollars, Phil? Are you long Pelosi? What right has Denninger to give anyone advice seeing as he refuses to admit the reality of our own national bankruptcy?
We (US sovereign interests) are in receivership.
Get real!
Re: IRC
http://irchelp.org/irchelp/ircd/
Its really simple. Once you get used to it…you ll get hooked!
Great place to meet like minded ppl and share ideas on a real time basis.
@stacy… pls start a IRC chan! It will keep us engaged in office hrs
@marietta – lol, good question; we’re hedged
@frances … Denninger
…
“Your 401k or IRA has near-absolute protection in a personal bankruptcy. As a qualified retirement plan it cannot be seized by creditors if you file a Chapter 7 or Chapter 13.”
…
In this respect, I think that is good advice.
Of course, you are the mercy of the stock market and the Govt., but is probably the better of the two choices.
Stacy, Max
by the end of the week, are you going to be able to afford to find Ken Lay if i pay for my pirate copies in dollars? I don’t think soooo…
Karl Denninger is telling people not to cash in their 401K’s! Why would he do that?
http://market-ticker.denninger.net/archives/1601-Dont-Do-It!-Cashing-Out-401ks.html
He is dead wrong on this. Denninger insisted all last year that the dollar would be strong and go long dollars. Now this?
“But if you don’t pay the IRS they will not only trash your credit they will come after you, and they don’t play nice. They can and will intercept any refunds you get and even freeze your banks accounts.”
The IRS is willing to settle nicely if one is upfront and doesn’t hide out. (I know people who negotiated after retrieving their 401Ks) But the point being that the 401K’s are sitting money for the politicos means that the cash will be confiscated one way or another. Talk is that the 401K’s will be forced into Social Security plans:
http://www.wnd.com/index.php?fa=PAGE.view&pageId=79168
i’m having some trouble posting too
getting error messages
v
Someone may have posted this already and i apologize if that’s the case. Yesterday, W. Pollock said we will know in the next few days who is right, deflationists or inflationists.
http://www.youtube.com/user/wepollock#p/u/0/z-y-hehqSXo
Someone may have posted this already and i apologize if that’s the case. Yesterday, W. Pollock said we will know in the next few days who is right, deflationists or inflationists.
http://www.youtube.com/user/wepollock#p/u/0/z-y-hehqSXo
Iran charges three American ‘hikers’ with espionage
http://www.reuters.com/article/newsOne/idUSTRE5A829G20091109
Strange, i keep trying to post a link…………& i get kicked out?
Mike
http://www.moneymorning.com.au/20091109/britain-and-its-near-death-economy.html
Mike
Am i locked out?
Russia may cut rates, buy gold.
MOSCOW, Nov 9 (Reuters) – Russia’s central bank does not exclude further rate cuts before the end of 2009 and may buy gold from the state repository, Gokhran, the bank’s first deputy chairman, Alexei Ulyukayev, said on Monday. “We will buy (gold) only if conditions are adequate,” Ulyukayev told reporters. Last month, Russian media reported that the government planned to sell 25 tonnes of gold, possibly on the local market, from the repository. Ulyukayev said Monday that the regulator may further cut its benchmark lending rates this year. The central bank has administered eight cuts this year, bringing its benchmark refinancing rate to annualised 9.50 percent. Easing inflationary pressures have been the main factor allowing the regulator to facilitate its monetary policy and provide a stimulus for domestic lending. On Friday, Deputy Economic Development Minister Andrei Klepach said inflation may return to single digits and be as low as 9 percent this year — significantly below the government’s earlier official estimate of around 11 percent. Separately, Ulyukayev said the central bank has bought more than $1 billion in November on the foreign exchange market to cap the appreciation of the rouble. The vast majority of the purchases came on Monday amid increased interest from investors in the rouble and its instruments, pressuring the Russian currency to firm further. Early on Monday, the central bank shifted its intervention bid level to 35.25 roubles per euro/dollar basket, used for guiding the rouble’s nominal exchange rate policy, from the previous 35.30, after buying as much as $700 million on the forex market, dealers said. At 0940 GMT the rouble traded at 35.26 against the basket, nearly 8.5 percent stronger from the levels seen early September when the rouble’s rally began. Ulyukayev also said the central bank had no plans to invest again in U.S. mortgage agency bonds. “We have fully exited from them and we have no plans to go back,” Ulyukayev said.
US $ getting crushed like the American Dream mythology
Below 75
http://quotes.ino.com/chart/?s=NYBOT_DX
Murdoch could block Google searches entirely
http://www.guardian.co.uk/media/2009/nov/09/murdoch-google
@max, have fun with this one
Goldman Sachs Boss Says Banks Do ‘God’s Work’
http://www.foxbusiness.com/story/markets/business-leaders/goldman-sachs-boss-says-banks-gods-work/
This is priceless;
“Smiling is the easiest, cheapest way to improve your looks. It has been proven that smiling people make more money and have free sausage given to them more regularly than non-smiling people. At least sixty-seven percent of unsmiling people get rickets at the age of twenty-four. That´s a lot of rickets! Don´t be a statistic — get out there and start smiling!”
Britons face higher credit card charges http://tinyurl.com/yh62guc
Why has the UK £ NOT crashed?
http://www.moneymorning.com.au/20091109/britain-and-its-near-death-economy.html
?
Mike
Just a small comment on the tags – RBI is not the ‘Royal Bank of India’, it’s the Reserve Bank of India.
@All
http://www.smilingpeople.eu/
William Blake: poem on smiles:
http://www.autodidactproject.org/my/smile.html
@Youri:
It makes the smiler look like a mannequin. A doll. A poppet. Intended with Barbie Models, but with Obama???
@Dedo
Have you ever seen somebody smiling while going down the drain? Than you must be mentaly ill.
But you’ve got many diffirent smiles the “Poirot Clown” forced depressed smile, The forced “Jolly Joker” smile, the forced “Angst” smile, the delusional looking to a pink glass “La Vie en Rose” smile, the “Cynical” smile or “there is realy somtin to laugh” smile which I prefer. If there’s notin to smile for or at what’s the use? It’s menatlly ill, it’s stupid.
@Mongo:
Thanks, Mongo. That made me smile!
Why do Barbie Models have to continually smile during competitions? And @All:
Don’t forget Obama!
http://kyleinjapan.files.wordpress.com/2009/03/obama-smile.jpg
He’ll smile till he’s finished with his work here is the ole USA.
@Stacy, If you want a permanent channel I think you have to register it at the server-admins for a specific server, see link below, not sure it applies to all IRC-servers though. I know that anybody can create and become operator but if they go offline and somebody else creates same channel then THEY become operators for that channel. However if you have a registered channel then no matter who joins that channel you will always be operator when you join that channel.
http://irchelp.org/irchelp/changuide.html
IRC is almost the best thing with Internet.. been using it since -95.
@Phil,…..lol,.you know I like a good poke!! ; )
@frances snoot, sure
http://di.se/Avdelningar/Artikel.aspx?ArticleID=2009\116\360685§ionid=BorsMarknad
@Dedo @Youri
LOL … classifying people into smilers and non-smilers, and trying to derive some formula and meaning … is crazy .
( my smile above )
@Youri,…..so you hate folk who are psychotic, depressed, and hide the fact,.using facial expressions?
Does that mean you like folk who are just like you?
(I take it you don’t smile very often)
BTW,.I’ve noticed that Max and Stacy smile a lot! : )
@Youri … ” Mayan 2012 is actualy 200 years later!”
LOL .. I saw that as well … timed nicely with the realeas of the Film 2012 !
There were other reports that said it may be 2 years out … 2010 !!
I guess the PTB don’t want panic on the streets .
PS:
They’ve had long enough to study the Maya Calendar, so my guess is that the 200 year stuff is just MSM manipulation.
@merci – I’ve also noticed that excessive smiling is a sign of being either stoned or crazy
@merci …. ” Excessive smiling is often a sign of submission (fear). ”
Do you mean Blair ?
@stacyherbert
Donnow they won’t answer my e-mails so until they do I know more. They make a living of letting everybody spam to each other so that would be ridiculous but notin surprises me anymore.
Been banned from a Dutch side http://www.nujij.nl/ for bringing up the Dyncorp and Halliburton Pedofile files so their must be some within the organisation who didn’t like that. Expect the same with Twitter. Nothing new.
@Youri
Excessive smiling is often a sign of submission (fear).
I consider myself on the grouchy side…. facing reality can be painful and sobering. I do make every attempt to maintain a sense of humor to balance out the doom.
@warburg sidney
I’ve been following Cliff Web Bot and Camelot also but that doesn’t stop me and you from thinking for ourselves especially regarding the 2012 stuff. It could well be that the Mayan 2012 is actualy 200 years later!? (Google trans from Dutch) http://tinyurl.com/ydmopdz
@Mongo – how to start IRC channel?
@Youri – twitter has a new feature which allows users to mark any user as spammer; perhaps someone (or two or three) have marked you as spam?
@merci
Merci! merci….I actualy hate people who are smiling all the time…makes me think they are psychotic or hiding something…suspicious.
I also heard that people who smile all the time are the most depressed ones, they are in fact “Poirot Clowns” the so called “La Vie en Rose” disease.
@Phil
Better get some now before the CIA ships the whole crop to El Norte…
@TJ .. Columbia
Chavez steps up Colombia war talk
http://news.bbc.co.uk/2/hi/americas/8349745.stm
John Reed Says `I’m Sorry’ for Glass-Steagall Repeal, Building Citigroup
http://www.bloomberg.com/apps/news?pid=20601109&sid=albMYVE7D578&pos=12
75% of Potential Armey Recruits Too Fat, Too Sickly, Too Dumb to Serve
http://www.wired.com/dangerroom/2009/11/75-of-potential-recruits-too-fat-too-sickly-too-dumb-to-serve/
How India’s 200 Ton Purchase of IMF Gold Affects You
http://dailyreckoning.com/how-indias-200-ton-purchase-of-imf-gold-affects-you/
Decline of the Empire — Now What?
http://www.aspousa.org/index.php/2009/11/decline-of-the-empire-now-what/
Free market flawed, says survey
“In the global poll for the BBC World Service, only 11% of those questioned across 27 countries said that it was working well”
http://tinyurl.com/yeqzwru
Not to complain now cause Goldman Sachs actualy will help you to meet your maker much earlier than you planned. Remember they are working for Lucifer…. their God now!
Wall Street Record Bonuses Return as Big 3 May Pay $30 Billion http://tinyurl.com/yewyhlu
For tangible liquidity, you can’t make a better investment
http://tinyurl.com/ydcpcd8
I’m adding Colombian Gold to my portfolio
@Mongo:
Do you have the Swedish link for the monkey article?
IMF allowed China to swap US treasuries for SDR:
http://www.bloomberg.com/apps/news?pid=20601087&sid=ahoIPyEdpHUI
Same/same India? Swap Treasuries for sdr?
Sdr manipulations by IMF to enslave poor countries most likely.
What have these guys been up to: this is an IMF functionary:
http://en.wikipedia.org/wiki/Exchange_Stabilization_Fund
@frances snoot, irony or not but he kind of represents in persona all the inaccurate analysises done thus far by the “community”. Actually, a recent article in a swedish financial paper revealed that if you had been trading with the assistance of a monkey you would be better of .. so I guess monkey is a too good word to use for describint Paul..
“They don’t call it a pyramid scheme for nothing”
The Fed’s Nemesis: Exter’s $2 Quadrillion Of “Liquidity”
…can you spell $1 million an ounce of gold? (Because even S&P would likely rate any company with 1000x book (imaginary to real asset ratio) at most an AAA-…Maybe)
…
http://www.zerohedge.com/article/feds-nemesis-exters-2-quadrillion-liquidity
assuming unemployment is at plus 17 % ,addtional 7 percent for people who are working part time and 2 jobs ,when they really want a 9 to 5 Job , Plus say 20 % are in education ,plus 20 % are retired ,ie adds up too hmm 57 % unemployed 15 % in the Govt. 10 – 15 % in the Army / Navy / Airforce getting thier asses shot off in Iraq. So that adds upto 82 % – 87 %, ROFL
6 % in Banking hey i forgot Medical ROFL Now thats an Economy
“The U.S. economy has faced a double whammy: the recession and credit contraction,” said Akira Takei, head of non-yen denominated bonds at Mizuho Asset in Tokyo, a unit of Japan’s second-largest bank.
“The U.S. will face a triple whammy with deflation. That’s good for the Treasury market.”
Japan Tops China Buying Treasuries After Lost Decade http://tinyurl.com/yjjg4ts
Paul Krugman is a monkey!
@Mongo:
You are very wise!
@mongo
I second your thought of IRC style chat. Its an awesome idea
@dan valley, Paul Krugman is a monkey!
And Bernanke Didn’t Think Unemployment Would Reach 10%
http://seekingalpha.com/article/172045-and-bernanke-didn-t-think-unemployment-would-reach-10?source=email
youri, I looked a little into this cliff high stuff (at rense.com) and now I downloaded a interview with this Partick Geryl
http://www.howtosurvive2012.com/htm_day/home.htm
at projectcamelot.org.
Both see numbers as esoteric codes! So it is like reading a poem….. lots to be interpreted!
Anyway empirical “science” started in England with Francis Beacon and John Dee….. a rather suspicious beginning…
Teton Energy files for bankruptcy, to sell itself http://tinyurl.com/yj4lyhl
merci, its not the swine flu, its the avian flu spreading. GSK and the rest of the scumbags got what they wanted.. a whole country to test the WHO/UN marcial laws on…
merci, like I said before, they are using that flu over there as a test case for WHO controlled martial law to be implemented at other countries as well!
Ukraine; flu update from Nov 8th
“Over a hundred have died since the outbreak of the virus last week. But it’s still unclear exactly what killed those Ukranians. Only some are confirmed as a result of AH1N1, the rest are blamed on respiratory diseases. Even so, talks over imposing a state of emergency in the country are surfacing from the highest levels”
http://russiatoday.com/Top_News/2009-11-08/swine-flu-ukraine-panic.html
Something is rotten in the state of Kiev.
Here is something for n00bs as me to read about support and resistance, good read for us that understand some things but not everything about trends..
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:support_and_resistan
Gold nonsense? US prices its gold at $42/oz, would never sell, selling it would cause inflation..
http://tinyurl.com/yzjwtvz
@warburg sidney
I don’t see any evidence since they just don’t know how it happened so there are people out there speculating a lot but there is no hard core scientific evidence.
OK the earth magnetic field seems to be decreasing since the had begun measuring in the 1940-ties which the Germans stopped later. Untill recently they (NASA probably) started measuring again.
That’s the fuckup with all this new knowledge before we knew nothing and now we know we’re suddenly doomed? Don’t buy that.
Sunspots are on a abnormal low (nearly absent) level but what that has to do with earths magnetic field? You tell me.
TSg maybe a stupid question, what is the (scientific) evidence of this polar-shift happening soon (2012)? Or is it all based on esotherics?
http://img.photobucket.com/albums/v393/youricarma/Miscellaneous/YouriCarmaTwitterAccountSuspended.jpg
@Phil
Think a lot of people use it on their mobile device. You only can use a limited amount of characters which is a drag. I only use it as public messenger sending links around which could be the hidden reason for my suspension since they are unwilling to answer my questions? My letter I send daily:
“Account Suspended This account is currently suspended and is being investigated due to strange activity. If we have suspended your account mistakenly, please let us know. See Suspended Accounts for more information. ”
Information request: Dear Twitter,
Like to Know what exactly is being investigated and what exactly this strange activity may be?
If there is any person or other organization involved in relation with this suspension I here by request there names and further relevant information which I can pass on to my house counsellor
so he can do me a proper advice on this matter.
Before I recieved any answers on my questions I presume my account has been mistakenly suspended.
Waiting for your response,
Youri Carma
@Youri …. ” My Twitter Account has been suspended for No Obvious Reason. ”
Wow .. what an honor … You must be very important to them !
BTW… Twitter and Facebook are pretty much unknown to me. I “presume” they are just chat interfaces for mobile devices primarily ?
Seems that the NSA, FBI or CIA are exterminating the “Wise Guys” on Twitter. I quess we get attacked from all sides now. My Twitter Account has been suspended for No Obvious Reason. Probably got the NSA, FBI or CIA on board!!!! Been sending them e-mails daily, they just don’t react!? Twitter sucks!
I can however still send links to my fans trough http://www.twitter4all.com/channels/Economy but for how long?
Wal-Mart ‘sells’ Asda for £6.9bn in group restructuring
…The deal means that Corinth, which does not employ any staff other than the seven directors, will receive Asda’s dividend payments, which last year stood at £160m….
…
… Asda set aside an undisclosed amount of money to cover any costs linked to the Office of Fair Trading’s inquiries into alleged milk and tobacco price fixing….
http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/6527054/Wal-Mart-sells-Asda-for-6.9bn-in-group-restructuring.html
@Youri …. Lindsey Williams heard from the elite that they want to remain only 9 Big Banks.
Griffin predicted this 12 years ago BTW … just repeating (FED) history !
Good news for us grouchy types
“Bad moods can actually be good for you, with an Australian study finding that being sad makes people less gullible, improves their ability to judge others and also boosts memory.”
http://www.reuters.com/article/newsOne/idUSTRE5A10ZP20091102
Regulators close United Commercial Bank, San Francisco http://tinyurl.com/yf2gu2z
Bob Chapman predicted that 50% of the Banks will dissapear in 2010. Lindsey Williams heard from the elite that they want to remain only 9 Big Banks. This is a controlled demolition!
U.S. consumer credit falls $14.80 billion in Sept http://tinyurl.com/yz5ayju
U.S. jobless rate “deeper” problem: PIMCO http://tinyurl.com/yjlmfdp
U.S. government backed $4.3 trillion in assets in crisis: report http://tinyurl.com/yaadml7
Bear Market Comparisons
Unemployment : http://www.bearmarketcomparison.com/Bear-Market-Comparison-Unemployment-Rate.htm
DJIA versus 1929 : http://www.bearmarketcomparison.com/Bear-Market-Comparison-Dow-Jones-Industrial-Average.htm
People want the Govt. to … “get the hell out of their business”
http://www.youtube.com/watch?v=vp8Wn_zl4ps&feature=sub
IMF exploring insurance levy on banks http://tinyurl.com/yjjwgl8
Using King’s fallen off a cliff metaphor, the US and UK are hanging onto too many toxic debts –now and for the foreseeable future — to climb back out. Meanwhile, BRIC are gaining on us.
Would be logical that you use an instable currency to exchange for something solid. And chinese calling publicly for controlling the deficit, is not really remarkable china threatened to stop buying debt before. It is self interest/preservation, because if the dollar keeps plunging and all nations sell off their dollars they get an penny on the dime. Something i was wondering; the amount of gold in central banks is usually a really low percentage, china around 1% RBI 4% orso which means that the majority is paper currencies; how can an gold standard be implemented when there isn’t enough gold to go around? (it limits the amount of currency in circulation but specially developing nations that exponentially grow need to create more loans/increase the moneysupply constantly to support it.)
I still think with all corruption in china, social unrest that china can not become the new empire. The developing nations like brasil or india have a chance if they manage to progress society; in these nations a majority of the population still is poor although the gdp indicates increase of wealth, a lot of wealth in centralised in the hands of few. specially in brasil there is a lot of crime and corruption. India recently went to the moon; yet with pakistan destabilized by CIA and the history between the nations and the same problems like any developing nation; it has a chance of becoming a world power but it has a long way to go like Brasil. Impact on the environment is another factor; not CO2 but pollution and increased standard of living increases pollution (not saying that people should settle for less or that there are too many people; i don’t believe in problems i believe in solution, just stating what i see)
Google spy?
http://www.climatebabes.com
@Stacy, Re: OIl markets, possibly ==
Dubai Financial Market launches X-Stream trading platform
Dubai Financial Market (DFM) announced today that it will launch the new trading system “X-Stream” as of the trading session on Thursday, 29th October 2009.
http://www.finextra.com/fullpr.asp?id=30583
@Youri … interesting, yes.
I’ve been harping on about Internet censorship and control for a while now , now I think it becomes obvious “why” !!
The rumors about a second-level internet ( not WWW2 ), that is purely for politicians and authorities may become a reality – AFAIK they’re working on it.
The extension of the 4-byte address to 8-bytes may also give the PTB new opportunities of classifying web addresses .
We’ll see.
Vote Pirate Party Now !
@Phil
Interesting stuff indeed Phil.
G20 leaves door open for fresh pressure on dollar http://tinyurl.com/yhyjbpa
How Social Media Sites Are Changing the Existing Power Structure (Last Video False Flagged))
http://www.youtube.com/watch?v=nicaGyO-JlE&feature=sub
A lot of interesting data .. must listen .
FOREX-Dollar slides on G20-fuelled risk appetite, IMF http://tinyurl.com/yceucql
@Stacy, you guys should start up an IRC-channel like over at ZH. Would probably take away some of the “pressure” in here
. Besides, IRC is an excellent place to exchange thoughts, ideas and knowledge without having to refresh.
Gold strikes another record on falling U.S. dollar (1,108 55 now!)
Sun Nov 8, 2009 11:13pm ES http://tinyurl.com/ydso7pz
Its Reserve Bank of India not royal. We threw away the last of Royalty in 1947.
Crisis Point Phase Transition
http://www.youtube.com/watch?v=z-y-hehqSXo&feature=sub
W.E.Pollock
Lucky me bought some silver on saturday… price might be going down but I aint taking my chances!
@stacyherbert
Here the original link from Reuters:
Oil futures market opens up to black box trade, Thu Nov 5, 2009 http://www.reuters.com/article/GCA-Oil/idUSTRE5A42MH20091105?sp=true
PS: Surely there’s an investment angle there–leveraging Google points for ‘covert slimedog’ research? I hear they are hiring work-at-home types.
Off topic, but WTF ? Found a cool site called http://muckety.com where you can see the links between Execs and their allies. So, I was curious about this cat (or rather dog,) named Pedro-Aspe, wonderin’ what ‘was’ his connection to Bill C. regarding NAFTA, and why might it matter? Sure enough all the usual suspects from the bush Admin., including Thomas H Keane (9/11 scumbag,) Thomas Pickering, Anthony Pritzker, Warren Christopher, all have connections through Evercore partners, who are lockstep with Goldman Sachs, blaugh-blaugh…
NAU, I figure, is mostly about the coming earth changes, and this idea of a polar-shift is beginning to appeal to me more. Why not promote–hell, INVEST IN– the M&A between Mexico and the former USA, especially if in all liklihood TORONTO is soon going to be situated at the edge of the Arctic Circle?
..At which time, Spain will become a suitable refuge from the tsunami? Never mind that posh Parisian pied-de-terre, where would Stacy build if she could own a whole Continent after the water subsides?
Is anybody aware that when you use Google adds any entry in your website is channeled through mountain view California? I was looking at double database entries and it appears any form data is copied and submitted by google. How much spying does this allow?
@stacyherbert
Actulay got it From Dian L.Chu at http://www.twitter4all.com/channels/Economy which I advice all Twitters to follow cause than you can see your own Headlines comming by and those of Dian sometimes.
Hi Guys
late this morning ……sorry.
Mike
Gold in Scottish Highlands
http://tinyurl.com/yckvgx4
Apart from prudent banking it seems odd to me the IMF went head. The IMF/US may have bought an Indian alliance against China’s influence or a guarantee not to go to war with Pakistan. It will be interesting to see whether India is still aligned with the other BRIC members..
@Youri Carma – great find, thanks for that
‘NYMEX had become too fast to follow manually’: High Frequency Trading Comes to the Oil market http://bit.ly/48rZm0