stock market swimming in it's own puke

[kombu_kid]

We're down in the 11 thousands now baby. The Nikkei is in the 12's. All is not well with gas prices the way they are. Suppressing growth. Anybody interested in the stock market? I'm not too well versed in the whole thing, but I find it very interesting........kind of based on investor sentiment and how people feel about the future.

[EmbOKJ]

The market goes up, the market goes down - this time the price of oil has a big effect, which is also dragging the dollar down. One thing that doesn't help is when investors decide to make knee jerk reactions or make buy/sell decisions based on pure speculation and headline news events (like the Gov. of NY getting accused of being involved in a prostitution ring..). Unless you're relying on the market for your income right now, one "silver lining" is that you can buy shares at a much lower cost then before - as long as you're willing to hold out for a turn-around.

[DougP]

Biggest problem is that we are still using a central banking system. By having one central source dictating the flow and supply of money rather than the free market, the value of our currency is constantly being watered down. Historically, nothing good has ever come of increasing the supply of money, over inflating a nations currency. A free market should be charged with the production and distribution of money. Instead of having a currency with a fixed definition rooted in the commodity most suited to a monetary use, we have an increase in the stock of money, which is rooted in absolutely nothing.

I believe Jim Rogers puts this all into perspective rather well.
http://www.youtube.com/watch?v=AwIncF3yrpQ

[okisteve]

He's pretty cool for an old fart ;). I think he's using 20-20 hindsight when he says that Greenspan and Bernanke screwed up, because only a year ago everyone was patting them on the shoulders saying what a great job the Fed was doing (to keep the economy LOOKING good as it was rotting from within.

Anyway, he says to buy sugar, so catch that farmer next door and give him a few beers, maybe he'll sell his land cheap.

[kombu_kid]

Oh man, I so wholeheartedly agree with this guy!!!! Socialism for the rich!! Freakin' exactly......capitalism isn't supposed to be THIS. They oughta let those investment banks crash & burn, not play "daddy" and try not to let anyone feel the pain of their screw-ups.

Sweet!......That guy was singin' my tune!

[DougP]

http://www.youtube.com/watch?v=yybFGh1sUcQ&feature=related

[kombu_kid]

Check out these charts for the Nikkei stock market.......interesting stuff.

http://i21.photobucket.com/albums/b276/MyCammer/2999.gif

http://i21.photobucket.com/albums/b276/MyCammer/nikkei8401.gif

The Japanese stock market reached a high of 38,134 in Dec '89. Today it is at 12,480.

[kombu_kid]

Make that "in the 10,000 range".........

[Asshat]

Well gee, the Fed is holding interest rates at a level that is artificially low, to keep stimulating an economy that can't compete with rising energy costs.

The Fed has been printing money like mad, and foreign investors are buying the debt.

There is no GOOD place to invest right now. The realestate market in the US while still in an inflated state is shakey and on the way down. Stocks will continue to fluctuate, and I expect some runs on banks as investors try to stem losses.

Buy foreign currency, but be quick, the dollar is plumeting on many of them.

Looking for ten years of shit.

[Old Timer]

Economic Warfare: Hitting bin Laden's Target
Usama bin Laden’s target price for Arab crude oil ten years ago was roughly today’s price: $144.

Of course, this figure is not adjusted for inflation and was made at a time when the market price of crude was in the neighborhood of $20 per barrel. But the Congressional testimony of Anne Korin should grab your attention today, as we hit bin Laden’s goal.

http://threatswatch.org/rapidrecon/2008/06/economic-warfare-hitting-bin-l/:barf:

[Asshat]

The market goes up, the market goes down - this time the price of oil has a big effect, which is also dragging the dollar down. One thing that doesn't help is when investors decide to make knee jerk reactions or make buy/sell decisions based on pure speculation and headline news events (like the Gov. of NY getting accused of being involved in a prostitution ring..). Unless you're relying on the market for your income right now, one "silver lining" is that you can buy shares at a much lower cost then before - as long as you're willing to hold out for a turn-around.

Yeah, let's raise the retirement age to 75! Holding out is not something the current generation of retirees are able to do.

[Oki alumni]

Economic Warfare: Hitting bin Laden's Target
Usama bin Laden’s target price for Arab crude oil ten years ago was roughly today’s price: $144.

Of course, this figure is not adjusted for inflation and was made at a time when the market price of crude was in the neighborhood of $20 per barrel. But the Congressional testimony of Anne Korin should grab your attention today, as we hit bin Laden’s goal.

http://threatswatch.org/rapidrecon/2008/06/economic-warfare-hitting-bin-l/:barf:

Sorry, Old Timer. I had to move the "barf" out of the URL to make it work, haha.

-Oki Alumni:old:

[Oki alumni]

Yeah, let's raise the retirement age to 75! Holding out is not something the current generation of retirees are able to do.

HUSH YO MOUFF there sonny! LOL, many of us old farts retired "early" because we foresaw JUST this kind of thing happening! I'm just hoping that things don't get too jacked up BEFORE another 100+ days roll around when I can start drawing MINIMUM Social Security. Why th' hell SHOULD WE "hold out"...we can't "hold out" when there's noting to hold out for!!! "We worked HARD for th' money...so hard for it honey!". Frikkin' Federal Reserve Bank. America's being held by the short hairs by this private enterprise operation which REALLY controls the future of the U.S.A.

-Oki Alumni:old:

[Asshat]

HUSH YO MOUFF there sonny! LOL, many of us old farts retired "early" because we foresaw JUST this kind of thing happening! I'm just hoping that things don't get too jacked up BEFORE another 100+ days roll around when I can start drawing MINIMUM Social Security. Why th' hell SHOULD WE "hold out"...we can't "hold out" when there's noting to hold out for!!! "We worked HARD for th' money...so hard for it honey!". Frikkin' Federal Reserve Bank. America's being held by the short hairs by this private enterprise operation which REALLY controls the future of the U.S.A.

-Oki Alumni:old:

Yep. It kind of pisses me off really. I have some other plans in place...I just wish I didn't have these useless US dollars. Can't do much with them in the US, and outside of the US they are getting to be monopoly money.

[vvloc]

LOL - "monopoly money"

Will trade monopoly money, if I can find some, for greenbacks

[Oki alumni]

LOL - "monopoly money"

Will trade monopoly money, if I can find some, for greenbacks


vvloc AND hat...perhaps it won't be that much longer before THIS currency is NO LONGER just a joke:
708
709

Will trade monopoly and greenbacks for AMERO's?

-Oki Alumni:old:

[Asshat]

Hey, I think the US should join the EU!

[vvloc]

Sorry for the long post, but this has just aarived in my mailbox from Jim Sinclair, the granddaddy of goldbugs:

Posted On: Tuesday, July 15, 2008, 4:05:00 PM EST

It Has Hit The Fan


Author: Jim Sinclair

Dear CIGAs,
The financial system is broken and all that can be done by the US Federal Reserve and the US Treasury is monetize all major financial entities.
The reason that all this has happened is the $1.114 QUADRILLION dollar mountain of crap paper made of unfunded, unlisted, unregulated and non-transparent financial specific performance contracts called OTC derivatives.
Those that create and peddle OTC derivatives are guilty of financial murder one.
I cannot imagine you reading the information above and failing to protect yourself, but knowing mankind, I doubt many did.

You should hold no dollars except what is required to pay bills for six months. You know now that FDIC is grossly under-financed compared to potential claims. Get all your money out of financial entities now before you have to stand in line to get it. Screw interest rates. Keep six months of cash in your safety deposit box, invest the balance in short term treasuries of other currencies.
You should put a minimum 1/3 of your LIQUID net worth in gold and gold equivalents.
You surely know by now that SIPC is grossly under-financed when it comes to covering potential claims. The secondary insurance held by brokers is written to them for you, but not for you.

There are three ways you can protect your securities:
Have your shares delivered to you as paper shares registered in your name.
Have your shares put in direct registration as a book entry at the transfer agent of the company you are invested in.
After consulting a tax counsel and receiving their blessing, order your retirement 401K, Roth and other like investments transferred into the name of your Trust Company, for the benefit of you.
Failing to do this because your broker disagrees or makes a fuss is you becoming complacent.
The basic thesis is please distance yourself and your assets from financial agents.

Monty Guild wrote the following excerpt in early April of this year:
"REMINDER--HAVE YOU CHECKED THE SAFETY OF YOUR CUSTODIAN? HAVE YOU CAREFULLY READ THE LANGUAGE OF YOUR CUSTODIAN'S AGREEMENT WHICH GOVERNS THE DISPOSITION OF YOUR ASSETS IN THE CASE OF SERIOUS FINANCIAL PROBLEMS IN THE WORLD ECONOMY, OR WITH THE CUSTODIAN ITSELF?
In our opinion, all investors and all recipients of pension plans or holders of IRAs should check the financial stability of the custodians of the assets that they own. Equally important, is the legal wording of your relationship with your custodian. Have your attorney look over the wording and make sure that the custodian is segregating your assets and will audit your assets annually to make sure that they are segregated from other clients and from the assets of the firm itself.
We have spent money on attorneys who review the legal language in our custodial agreements as we believe that it is essential knowledge. We are money managers, not attorneys. Please have an attorney look over the legal language of your relationship with your custodian...what you find may surprise you."

That which remains in any bank or trustee financial agency should be in true custodial form. Assuming you have your tax counsel bless the above actions with regards to your 401K, Roth, and other similar investments, the end result will be the trustee acting as a true custodial-ship.
You must own gold and gold equivalents. Gold is headed to a minimum of $1650, a number that now looks quite low.
Gold is a currency. Do not forget that.
The US Budget Deficit is going ballistic. The US dollar will trade at .5200. The Euro will trade at $2. The collapse of banks is far from over. Default derivatives will fail to function when called upon to function in any significant amount. Many major companies will fade away due to hidden OTC derivatives.
Pakistan will take crude up $100 from the point it is trading at now when the event occurs.
Monetization of all primary dealers of US Treasuries and all major manufacturers of OTC derivatives will be bailed out.
If you delay or do not act by doing the above simple and easy steps you will be financial finished. Mark my words. Those of you out there who freeze up make yourself targets.


Monty Guild?s commentary on Bernanke?s testimony before the senate banking committee:
Dear CIGAs,
Chairman Barnacle made it clear today that he will do nothing but increase the liquidity in the system. He will not raise interest rates and he will make the loan window available to all important institutions that need it. He is saying, in our opinion, that he recognizes the system is deeply damaged and in danger of total collapse. Later on TV a former Fed bank president confirmed his approach.
To us this means more liquidity will be pumped into the system. The future will see more inflation, more demand for currencies other than the dollar, more demand for gold and a continued weak US banking system .To protect oneself is, as Jim has constantly pointed out, the major responsibility of CIGAs. We believe the solution is to own gold, foreign currencies, food related investments and to have your assets in a secure institution which will not commingle your funds with theirs in case of their solvency problems.
Respectfully yours,
Monty Guild
www.GuildInvestment.com

[okisteve]

Don't give up on the greenback!

One country has virtually switched from its own currency to the USD for almost all business transactions.

Let's hear it for ZIMBABWE !!!!!

[kombu_kid]

Today I read that the SEC is considering buying stock in Freddie Mac & Fannie Mae........sounds really strange.

[Asshat]

Today I read that the SEC is considering buying stock in Freddie Mac & Fannie Mae........sounds really strange.

That's been in the news for awhile...and since the Fed has been printing up all that money, NO PROBLEM! LMAO!

What are the interest rates going to be after that happens? 12% on a 30-year?

[OCanadaOurHomeAndNativeLand]

From the linkfilter on the main forum page comes...

10 Banks That Could Go Under Next

http://consumerist.com/5026344/10-banks-that-could-be-next-to-go-under

[okisteve]

From the linkfilter on the main forum page comes...

10 Banks That Could Go Under Next

http://consumerist.com/5026344/10-banks-that-could-be-next-to-go-under

Don't say you weren't warned. I was asleep at the switch when NetBank (largest or 2nd largest online bank in US) went under last year. I eventually got all my money but trust me, I had some sleepless nights and angry phone conversations.

[Oki alumni]

Don't say you weren't warned. I was asleep at the switch when NetBank (largest or 2nd largest online bank in US) went under last year. I eventually got all my money but trust me, I had some sleepless nights and angry phone conversations.

What will happen with the MBF's (military banking facilities) fail????? It's Bank of America at Yokota, and IIRC, it's pretty much the same Japan wide. Can you imagine the chaos? I use my debit card for just about ALL my purchases.

-Oki Alumni (who's thinking the old sock under the mattress trick and switching from direct deposit to direct CHECK TO ME.)

[vvloc]

Yeah, I blew the call for gas at $150 by 7/15 - it topped at $147.00 on 7/14 as the fed was bailing out Freddie and Fannie; but this is only phase I of the great epic collapse. Hold on to your hats, folks, 'cause you ain't seen NOTHING yet.

This is still gonna' get a real lot uglier before it's over.

[Oki alumni]

Yeah, I blew the call for gas at $150 by 7/15 - it topped at $147.00 on 7/14 as the fed was bailing out Freddie and Fannie; but this is only phase I of the great epic collapse. Hold on to your hats, folks, 'cause you ain't seen NOTHING yet.

This is still gonna' get a real lot uglier before it's over.

I'd guess it's hold on to your foot...three joints up...rather than one's hat!

Buy, buy, buy...using credit with "today's" money, and paying it off with tomorrow's inflated "money".

-Oki Alumni:old: (Brotha, can ya spare a dime???)

[vvloc]

I'd guess it's hold on to your foot...three joints up...rather than one's hat!

Buy, buy, buy...using credit with "today's" money, and paying it off with tomorrow's inflated "money".

-Oki Alumni:old: (Brotha, can ya spare a dime???)

What happened with oil is called a dead cat bounce - I think you can catch the imagery - if not, just watch - it's gonna' be one heck of a ride,

[Oki alumni]

What happened with oil is called a dead cat bounce - I think you can catch the imagery - if not, just watch - it's gonna' be one heck of a ride,

'member that methane we wuz chattin' about? Is there a commodities market for that?

-Oki Alumni:old: ("If I were a rich man...all day long I'd da de da de da de dahhhh!"...ala Tevia) Maestro...a little Fiddler On The Roof, if you please.

[vvloc]

Methane may become the gold of the future - hold nose - release!

[Rollin_J's]

We're down in the 11 thousands now baby. The Nikkei is in the 12's. All is not well with gas prices the way they are. Suppressing growth. Anybody interested in the stock market? I'm not too well versed in the whole thing, but I find it very interesting........kind of based on investor sentiment and how people feel about the future.


Outstanding. I am hoping for a bigger slide, I am praying for more world events and higher oil prices.

Why? Lower share prices on bigger corporations that will be around for quite a while (Coke, Pepsi, Johnson and Johnson, General Electric, Boeing, etc, etc).

This is a perfect entry point for people who have been waiting to BLSH....(Buy Low Sell High).

I personally have been investing in dividend and capital gain paying corporations and alternative energy companies.

There are some really good funds out there as well with Fidelity and Vanguard.

Like McDonalds says, "I'm Lovin It!" :clear19:
:thumbup:

[Asshat]

Outstanding. I am hoping for a bigger slide, I am praying for more world events and higher oil prices.

Why? Lower share prices on bigger corporations that will be around for quite a while (Coke, Pepsi, Johnson and Johnson, General Electric, Boeing, etc, etc).

This is a perfect entry point for people who have been waiting to BLSH....(Buy Low Sell High).

I personally have been investing in dividend and capital gain paying corporations and alternative energy companies.

There are some really good funds out there as well with Fidelity and Vanguard.

Like McDonalds says, "I'm Lovin It!" :clear19:
:thumbup:

As long as you are young enough to not realize a return on your investment for a few years, it is a good time to buy. (Wait a bit longer perhaps)

But the fed is still holding interest rates down, printing money, and selling debt to foreign...the biggies will hold, but I like foreign currency...and maybe even foreign property.

[vvloc]

This is a perfect entry point for people who have been waiting to BLSH....(Buy Low Sell High).

With all due deference to you and AH, wait Buy Lower, sell high. We are still only in the early innings.

[kombu_kid]

From what I see and hear, there may just be a bit of a stock market rally coming around soon, what with oil continuing to drop......I've been hearing about the tech sector coming back with a vengeance, like Apple, Applied Technologies, etc......and gold dropping off big time with the dollar gaining strength!!

But even though there seems to be some renewed enthusiasm, I don't yet believe "the other shoes has dropped" as far as bank failures/bailouts is concerned.

[kombu_kid]

Here's a bit of not-so-optimistic reaction to these "weekend bailouts" by the U.S. Gov't:

http://bigpicture.typepad.com/comments/2008/09/weekend-bailout.html

[kombu_kid]

Another Sunday crisis......Lehman Brothers going belly up this week. Henry Paulson says the gov't won't jump in this time, like they did with Bear Stearns......I guess we'll see.

Quoted from AOL financial:

The deal was tripping on the potential buyers' insistence that they receive the same kind of help that Bear Stearns Cos. got last March when JPMorgan Chase & Co. bought the securities firm with a $29 billion Fed-backed loan.

Let's see how fast the dominoes start falling from here on......

[Vincent]

Lehman going under is huge. We're going to see the words 'recession' and 'stagnation' in the national news a lot more often.

[Asshat]

Staying in cash.

[vvloc]

"Wall Street's nightmare goes nuclear

Except that, here we are, in September 2008, less than two months before a presidential election, and what we are witnessing, in effect, is everybody heading for the exits all at once.

The problem is that when everyone attempts to deleverage at once, the market is flooded with more sellers than buyers, and the prices for everything saleable fall, which just makes the whole mess worse for everyone.

Now, we are staring at the kind of mess you get when you give two-year-olds a few buckets of paint and tell the baby-sitter to take the day off. Clean-up is going to be a bitch."

http://www.salon.com/tech/htww/?last_story=/tech/htww/2008/09/15/systemic_meltdown/

[vvloc]

"WALL ST TEETERS
"These Are The Most Extraordinary Events I've Ever Seen"

Fed Takes Emergency Steps... Deal: Merrill Sells Itself To Bank Of America For $44 Billion... Lehman Confirms Bankruptcy Filing... Insurance Giant AIG Scrambles For Cash... Stocks Expected To Be Sharply Down Monday... Banks Roll Out $70 Billion Loan Program... Greenspan: America Can't Afford McCain's Tax Plan... Obama: You'd Be Hard-Pressed To Explain McCain's Vision To Get This Economy Back On Track"

http://www.huffingtonpost.com/

[Maggie]

Well gee, the Fed is holding interest rates at a level that is artificially low, to keep stimulating an economy that can't compete with rising energy costs.

The Fed has been printing money like mad, and foreign investors are buying the debt.

There is no GOOD place to invest right now. The realestate market in the US while still in an inflated state is shakey and on the way down. Stocks will continue to fluctuate, and I expect some runs on banks as investors try to stem losses.

Buy foreign currency, but be quick, the dollar is plumeting on many of them.

Looking for ten years of shit.


I don't think you'll have to look too far.

I think we're heading for another depression. It'll be hard enough just trying to keep your head above water.:thumbdown:


Maggie

[vvloc]

Maggie, the governments like to play fast and loose with the facts. They have only just recently confirmed that the u.s. is in a recession, when average people like us have known this a long time. They will use a lot of newly minted words to avoid saying the word "depression," but you DO know what you pay for food, gasoline, etc.

I hark back to him often, but nothing could be more appropriate than the words of the late great George Carlin "They are lying to you" about so MANY things that it is hard to even keep track of their lies.

[Maggie]

Maggie, the governments like to play fast and loose with the facts. They have only just recently confirmed that the u.s. is in a recession, when average people like us have known this a long time. They will use a lot of newly minted words to avoid saying the word "depression," but you DO know what you pay for food, gasoline, etc.

I hark back to him often, but nothing could be more appropriate than the words of the late great George Carlin "They are lying to you" about so MANY things that it is hard to even keep track of their lies.


I've almost given up trying to keep track. Our Government is so unbelievable that there's very little point.

I've been saying for two or more years (and so has Matt) that we're heading for a bad depression , but the rest of the country seems more interested in the next episode of Coronation Street, or Eastenders

The fail to see that the Government and its cover ups, is the best soap on the ground.

Maggie

[vvloc]

I've seen a Matt post here from time-to-time. If that is the Matt you are referring to, he seems highly literate and smart - a keeper, I'd say.

[Maggie]

I've seen a Matt post here from time-to-time. If that is the Matt you are referring to, he seems highly literate and smart - a keeper, I'd say.


Yes, that my husband. He's very inteligent, far more so than I am, and a much better writer.

He's in Vietnam at the moment, but he always asks how JU is.

Maggie

[kombu_kid]

I've almost given up trying to keep track. Our Government is so unbelievable that there's very little point.

I've been saying for two or more years (and so has Matt) that we're heading for a bad depression , but the rest of the country seems more interested in the next episode of Coronation Street, or Eastenders

The fail to see that the Government and its cover ups, is the best soap on the ground.

Maggie

Honey, you done said a mouthful!!.......hey, check out this article on CDS's......it gives a little bit of insight about how things were nudged towards "fast and loose" as VV put it. If you could gamble with an insurance policy, who wouldn't?

http://www.bloggingstocks.com/2008/09/15/100-year-crash-mccain-advisor-spurred-62-trillion-derivatives/

This is an amazing game of "who's gonna be left holding the bag?":scratchchin:

Unfortunately, how could it be anyone except the American taxpayer?\:-)

[vvloc]

John McCain: "The fundamentals of our economy are strong"What country is the Republican presidential candidate referring to? Because it can't be the United States

John McCain at a town hall meeting in Florida on Monday morning: "The fundamentals of our economy are strong."

http://www.salon.com/tech/htww/?last_story=/tech/htww/2008/09/15/mccain_fundamentals/

[DougP]

The practice of sound money almost seems to be a forgotten art. More over when the discussion of economy arises during presidential campaigns it usually diminishes from talk of solutions to finger pointing. Neither address the elephant in the room, the one responsible for the inflation, for the falling value of our fiat currency, the ones Banks, Dems and Pubs turn to when they need quick cash. The Fed. All the while it never occurs to anyone that the truth is the Federal Reserve is not a government institution!
http://www.youtube.com/watch?v=UMstcGRezhw&eurl=http://www.campaignforliberty.com/

Article on sound money:
part 1 (http://www.house.gov/htbin/blog_inc?BLOG,tx14_paul,blog,999,All,Item%20not%20 found,ID=080831_2356,TEMPLATE=postingdetail.shtml)
part 2 (http://www.house.gov/htbin/blog_inc?BLOG,tx14_paul,blog,999,All,Item%20not%20 found,ID=080908_2360,TEMPLATE=postingdetail.shtml)
part 3 (http://www.house.gov/htbin/blog_inc?BLOG,tx14_paul,blog,999,All,Item%20not%20 found,ID=080915_2388,TEMPLATE=postingdetail.shtml)

[vvloc]

"This should worry Americans, for obvious reasons — not only because of what McCain clearly failed to grasp about the situation, but because he didn't seem even really to try. In the middle of the worst financial crisis in years, he was surly, wooden, and uncooperative as an interviewer asked legitimate questions — precisely when it was most important to be forthcoming.

While McCain's testiness yesterday morning was well-noted, his glib assertion regarding AIG didn't get traction in the news cycle until today, when he reversed himself somewhat (see here {http://www.abcnews.go.com/Politics/5050/story?id=5821886&page=1 }and here {http://marcambinder.theatlantic.com/archives/2008/09/what_the_heck_is_aig_part_ii.php}; I didn't see this moment highlighted on "NBC Nightly News" or on MSNBC's post-AIG announcement coverage, though I may have missed it). But to my mind, it was the most important and revealing moment of the interview, because it revealed that McCain had little to no understanding of the issue. Even his statement today on "Good Morning America" — "There are literally millions of people whose retirement, whose investment, whose insurance were at risk here" — was not even hinted at in his Today show comments.

McCain's answer yesterday on AIG was not an accident. Put bluntly, I can't see any evidence that he knew what he was talking about; nor any evidence that he wanted to try. This is a blatant moment, on tape, under urgent questioning from the media at a moment of crisis, and not only was his lack of preparation apparent but his attitude spoke volumes. This isn't a matter of left or right, of "gotcha" or "in the tank" or anything else — it's a matter of accountability at a pretty critical moment. It should be noted, and remembered."

http://www.huffingtonpost.com/2008/09/17/does-mccain-understand-th_n_126947.html

[DougP]

I'm sure there might be some of you out there tired of me posting videos with Ron in them but I can't help it.:D Besides it was kind of funny watching Cavuto getting choked up and looking depressed when Ron asked "Where did they get this 85 billion dollars? Did it come out of your pocket or my pocket? No. Did it come from appropriation? No..."

Just think of all that money being spent by the government on wars, bailouts and who knows what... Racking up debt in our name on their Federal Reserve Credit card!

http://www.youtube.com/watch?v=CcfaORVl0Zg&eurl=http://www.campaignforliberty.com/

[P_chan]

Keep posting them doug. A lot of what Ron Paul says makes sense.:thumbup:

[vvloc]

"Briefly emerging from his near-invisibility during the nation's terrifying financial crisis, President Bush this morning offered brief, unsubstantive and unpersuasive assurances.
"The American people are concerned about the situation in our financial markets and our economy," he said, in a dazzling statement of the obvious. "And I share their concerns."

"This week, President George W. Bush held a state dinner for Ghana's president, surveyed Texas hurricane damage, posed with Youth of the Year award finalists, and met with Army General David Petraeus."During that time, Bush has publicly uttered 160 words about the worst Wall Street crisis since the Great Depression, saying the government is working to ' reduce disruptions' in U.S. financial markets.

AFP reports: "Fears of a global financial collapse have cast a dark cloud over US President George W. Bush's final months in office, after years in which he claimed the US economy as a major success story."

Steven Pearlstein writes in The Washington Post: "This is what a Category 4 financial crisis looks like. Giant blue-chip financial institutions swept away in a matter of days. Banks refusing to lend to other banks. Russia closing its stock market to stop the panicked selling. Gold soaring $70 in a single trading session. Developing countries' currencies in a free fall. Money-market funds warning they might not be able to return every dollar invested. Daily swings of three, four, five hundred points in the Dow Jones industrial average.

"What we are witnessing may be the greatest destruction of financial wealth that the world has ever seen -- paper losses measured in the trillions of dollars. Corporate wealth. Oil wealth. Real estate wealth. Bank wealth. Private-equity wealth. Hedge fund wealth. Pension wealth. . . .

Aubrey Cohen of the Seattle Post-Intelligencer interviews author Naomi Klein: "President Bush was recently quoted as saying that Wall Street 'got drunk and now it's got a hangover.'"The administration was serving the drinks, Klein said. 'And I'm arguing that Bush was bartender in chief.'"

http://www.washingtonpost.com/wp-dyn/content/blog/2008/09/18/BL2008091801645_3.html

[DougP]

Keep posting them doug. A lot of what Ron Paul says makes sense.:thumbup:

Well, just for you and anyone else who enjoys them
http://www.youtube.com/watch?v=d73KlhUq1W8&eurl=http://www.campaignforliberty.com/

[vvloc]

http://jp.youtube.com/watch?v=ng1yXgyY8Uo

[okisteve]

Yeah, he's an idiot. So what? Half of the country is gonna vote for him.

[vvloc]

Yeah, he's an idiot. So what? Half of the country is gonna vote for him.

If the race is as close as many believe it is, the fact that I have no children is irrelevant to the concept of trying to point out the severe deficiencies mcsame offers, so those who DO have kids may see some possibility of climbing out of the hole that 8 years of republican misrule has wrought.

It's ALL about the world people want to leave for their children,

[vvloc]

http://news.yahoo.com/s/ap/20080918/ap_on_re_us/tent_cities

Mcsame said on Monday the economy is strong!!! How many houses do you have?

[Asshat]

Listening to political pundits continue to use the economy as a stick are is getting tiresome.

I could give a fruck less what Bush has to say about it. I want to know what the new government is going to do to fix it...no matter what color, age, gender, or penis size they are.

[Oki alumni]

"Briefly emerging from his near-invisibility during the nation's terrifying financial crisis, President Bush this morning offered brief, unsubstantive and unpersuasive assurances.

Aubrey Cohen of the Seattle Post-Intelligencer interviews author Naomi Klein: "President Bush was recently quoted as saying that Wall Street 'got drunk and now it's got a hangover.'"The administration was serving the drinks, Klein said. 'And I'm arguing that Bush was bartender in chief.'"

Shortened...apology to vvloc.

A DRUNK as the bartender in chief? How TOTALLY "RePUBlican" of the host/ess!

-Oki Alumni:old:

[vvloc]

Listening to political pundits continue to use the economy as a stick are is getting tiresome.

I could give a fruck less what Bush has to say about it. I want to know what the new government is going to do to fix it...no matter what color, age, gender, or penis size they are.

The article is a NEWS article from AP - there is NO political pundit nor bush here.

I'm sorry if you don't like my agenda (which is hardly hidden) which is clearly to help in any way I can to see Obama elected and mcsame sent home.

Only 45 days more to put up with me.

[Oki alumni]

Listening to political pundits continue to use the economy as a stick are is getting tiresome.

I could give a fruck less what Bush has to say about it. I want to know what the new government is going to do to fix it...no matter what color, age, gender, or penis size they are.

Just a WILD guess here, and an assumption...BUT...isn't "stay the course" a FAVOURITE phrase of the Republican party? I KNOW they have others...such as "The economy is in GREAT shape", but that one just came to mind outta nowhere. ;) hehehe...I think SOMEONE has a record of voting for Bushwhacker initiatives 90% in 2007 and 100% in 2008...now WHO was that?????

-Oki Alumni:old:

[Asshat]

The article is a NEWS article from AP - there is NO political pundit nor bush here.

I'm sorry if you don't like my agenda (which is hardly hidden) which is clearly to help in any way I can to see Obama elected and mcsame sent home.

Only 45 days more to put up with me.

VV, when you deal with me, please stow you libido issues. My post wasn't even about you, or one of a million fuking articles you **** and paste for us.

Seriously dude. I devote less than a millisecond to considering what you had for breakfast. :smile4:

[Asshat]

Just a WILD guess here, and an assumption...BUT...isn't "stay the course" a FAVOURITE phrase of the Republican party? I KNOW they have others...such as "The economy is in GREAT shape", but that one just came to mind outta nowhere. ;) hehehe...I think SOMEONE has a record of voting for Bushwhacker initiatives 90% in 2007 and 100% in 2008...now WHO was that?????

-Oki Alumni:old:

Well, we can all rest easy knowing that old mantra is now going to be, "we need a 9/11 Commission to study it!" LMAO!

Confession number two: in the 2000 prelims, I thought McCain was a good choice because he really was "The Mav." They sure reigned him in, but look where it's got him.

[vvloc]

VV, when you deal with me, please stow you libido issues. My post wasn't even about you, or one of a million fuking articles you **** and paste for us.

Seriously dude. I devote less than a millisecond to considering what you had for breakfast. :smile4:

You posted 12 minutes after me. I was the last poster who posted ANYTHING about bush. You are the only one who brought "penis" into the thread:smile4:.

Get off my back, or keep dogging my posts, whichever make you happiest.

The only person who openly displays libido problems on a daily basis is you. I don't dog you in chat for YOUR curious way:rolleyes: of conversing.

[Asshat]

You posted 12 minutes after me. I was the last poster who posted ANYTHING about bush. You are the only one who brought "penis" into the thread.

Get off my back, or keep dogging my posts, whichever make you happiest.

The only person who openly displays libido problems on a daily basis is you. I don't dog you in chat for this curious way of conversing.

LMAO! Dude, check out your posts from 8 this morning. I thought we were friends. I tried to give you a couple of clues about some of your posts and the way you've been dogging (your term) numerous posters.

You have a lot to say. But the manner in which you have been displaying it definitely diminishes the message.

By the way, I was serious about the milliseconds. However, as I typed this, I was rubbing my PENIS furiously.

I've said this before. I don't take myself too seriously because no one else does. You think yer any different?

[vvloc]

LMAO! Dude, check out your posts from 8 this morning. I thought we were friends. I tried to give you a couple of clues about some of your posts and the way you've been dogging (your term) numerous posters.

Thanks for your clues - when I need clues. you are the last place I'll look. Friends!!! What have you ever tried to do for me 'cept dog my posts these past few days? When I thought you were a serious guy, I DID try to help you when you whined.

You have a lot to say. But the manner in which you have been displaying it definitely diminishes the message..

Mr. spends all day in chat bashing white people and talking about penises, is gonna' clue me in on what diminishes messages:rolleyes:

By the way, I was serious about the milliseconds. However, as I typed this, I was rubbing my PENIS furiously.

NOTHING new there.

I've said this before. I don't take myself too seriously because no one else does. You think yer any different?

Nah, you don't take yourself seriously - hahahaha

[Asshat]

Good bye TP junior! LMAO!!!!

[DougP]

Could you two get a room or go find another thread to flirt in?

[vvloc]

Today's reported potential infinite bailout of all and any portends, if adopted, is the largest increase in dollars outstanding since the Jurassic Age.

It closely models actions undertaken regarding the production of currency liquidity seen in the "Weimar Republic."

It is reported now that more than 1000 hedge funds are on the rocks. This has the potential for a significant financial impact.

The only way to hide the numbers from the statistics produced by the suspected actions of the Fed is to value the indebtedness purchased at 100%, claiming a wash transaction.

The only conclusion is that when the smoke clears and the advertised actions have been adopted, nothing more dollar negative than this has ever occurred due to the potential expansion of T bills and therefore dollar supply explosion.

Gold is the only currency with no liability attached to it which, as you have seen recently, will be selected as the currency of the people.

[Oki alumni]

Today's reported potential infinite bailout of all and any portends, if adopted, is the largest increase in dollars outstanding since the Jurassic Age.

It closely models actions undertaken regarding the production of currency liquidity seen in the "Weimar Republic."

It is reported now that more than 1000 hedge funds are on the rocks. This has the potential for a significant financial impact.

The only way to hide the numbers from the statistics produced by the suspected actions of the Fed is to value the indebtedness purchased at 100%, claiming a wash transaction.

The only conclusion is that when the smoke clears and the advertised actions have been adopted, nothing more dollar negative than this has ever occurred due to the potential expansion of T bills and therefore dollar supply explosion.

Gold is the only currency with no liability attached to it which, as you have seen recently, will be selected as the currency of the people.

Back to the "gold standard"? Didn't the Republicans TELL us that was a "bad idea", and (forceably) take "us" (the world) OFF of it via Tricky Dick? Oh yeahhhhh...things are so MUCH better now! The economy is doing GREAT, but "we've got some very very bad problems". LOLOLOL

[vvloc]

If someone would just change the names, there is a best selling science fiction novel in the machinations of the pubbers

[Oki alumni]

If someone would just change the names, there is a best selling science fiction novel in the machinations of the pubbers

Don't think the pubbers are too interested in the literary right now...GWB's got a special selection "best seller" all 'bout himself!:dead:

-Oki Alumni:old::grin1:

[vvloc]

My Pet Goat, redux?

[kombu_kid]

3-10-08
We're down in the 11 thousands now baby. The Nikkei is in the 12's.

7-15-08
Make that "in the 10,000 range".........

10-10-08
Make that the low 8,000 range

Glad I yanked all my money out last month.......looks like gold isn't doing anything so far......we might need some more time for the "Zimbabwe Syndrome" to occur, with all this flood of liquidity. More and more people are at least mentioning comparisons to 1929.....

[DougP]

Just to lighten the mood, here's a clip from Newstopia. They brilliantly explain Central/reserve banking.
http://www.youtube.com/watch?v=NIfH0vY2ANA&eurl=http://westernstandard.blogs.com/shotgun/2008/10/finally-central.html

[Patrick]

I buy, sell, and trade gold and silver physicals and I do quite well. I trade all my silver for gold when gold is low in relation to silver and then I trade back to silver when silver is low in relation to gold. Its called arbitrage. The stock market and inflation don't effect me in the slightest. In fact I like inflation because it makes my gold/silver more valuable. I know I know, I am a dirty capitalist ;)

The down side is that right now I am waiting more than a month for shipping because everyone is panicked.

[kombu_kid]

We're down in the 11 thousands now baby. The Nikkei is in the 12's. All is not well with gas prices the way they are. Suppressing growth. Anybody interested in the stock market? I'm not too well versed in the whole thing, but I find it very interesting........kind of based on investor sentiment and how people feel about the future

Make that "in the 10,000 range".........


Make that the low 8,000 range


Oh, look!.......we just dipped into the 6000's......WOW!!! History in the making!