From last thread: "The Brits, French and Germans bombed their manufacturing base into smithereens, with our help. They all have national health care if you haven't noticed. What gives you the foggiest notion that Mexico won't nationalize the factories one day, just like Venezuela, Cuba, Nicaragua... Or just tax them into foreclosure as soon as they are self-sufficient."

Didn't know Europe got bombed in the '60s, '70s and 80's - and you can pay for national health care when you are not paying for defense.

EDIT: As for nationalization, seems like that is the course this regime is taking here.

volker the viking wrote:

"suggesting a downward revision to Q3 GDP"

So we have or had 1 qtr of prosperity before continuing our recessionistic ways?

a big adjustment or one of the infamous tweaks?

volker the viking wrote:

a big adjustment or one of the infamous tweaks?

Big enough to make Q4 look "less worse less faster", but small enough for CNBC to declare it a

I'm trying to work through the logic on something and not certain if it's right.

As the dollar devalues, we have to spend more nominally in order to purchase foreign goods - think more of that damned plastic crap - while foreigners have to spend less of their money to purchase our soybeans. So on a nominal level, the trade deficit would rise. Does that sound right?

If so, then what's the utility of the trade deficit information since it's real status is masked by the dollar's devaluation? Is there any way to obtain dollar adjusted data or do we have to rely on proxies such as tonnage/# containers out of the Port of LA?

Cinco-X wrote:

Mike in Long Island wrote:
So we have or had 1 qtr of prosperity before continuing our recessionistic ways?
Takes 2 successive quarters of reduced growth to declare a recession. Does it take 2 quarters of growth to declare one over?

Calvinball so who knows. NBER hasn't declared this one over yet.

NBER

Look at the table at the top right of the page:

Last Four Recessions and their duration
12/07 to ?

Is there any way to obtain dollar adjusted data

What I've been saying for a year. Just look at a couple of precious metals, the Euro, the Yen. No "recovery".

1 currency now -yogi wrote:

Didn't know England, France and Germany stopped making cars in the 60's, 70's and 80's. Have you been to France? The standard of living is quite high, despite all the socialism like government subsidized mass transportation.

On the last thread, yoiu suggested I move - I prefer to stay and try to take back our government from the Marxists who are currently in charge. If that is unsuccessful, I will vote with my feet, as is happening in England, New York, California, New Jersey and Illinois.

LOL! Not at you CR but at those saying we might double-dip...we can't because we never got that recovery in the first place (save the equities markets and commodities market). That UE is a lagging indicator this time isn't going to wash as without sustained improvements tax coffers will continue to be stressed at the state, local and federal levels. Previous 'recessions' were also job-loss, millions end up blowing through savings, , taking a hit by liquidating IRAs, 401k to 'weather the storm' then taking on part-time jobs and selling the McMansion.

This is a perfect storm. Hoards of boomers have watched their savings over decades vanish in their 401ks, equity in their homes, earning nothing as physical savings to stay up with that invisible inflation all this; while trying to send children to to college on second mortgages, filling the gaps of their elderly parents who have outlived their savings and look into a future where no relief can be found.

The measurements the fed.gov uses and massages for those equity market players. The real economy is not served, we're merely served up.

Some notables on the world stage have suggested that GDP be measured using different data sets more reflective of economic conditions to main street and individuals. What they don't get is we don't count.

I'm sure Vampire Squid from Hell would say "yes, sir!"

What the hell is that thing?!

ac wrote:

Did any beneficial structural changes in the US economy actually take place?

The banksters are again profitable-
/snark

U.S. Treasury Confident Congress Will Increase Debt Ceiling - Bloomberg.com

Hehe...

It's all straight out of the history books.

What's the old saying?

"Each time history repeats the price goes up."

1 currency now -yogi wrote:

U.S. Treasury Confident Congress Will Increase Debt Ceiling - Bloomberg.com

From yogi's link
"The White House wants an increase of at least $1 trillion to $1.5 trillion, according to a person familiar with the deliberations between lawmakers and the administration. Record budget deficits are pushing the national debt closer to the $12.1 trillion statutory limit. "

How quaint. Why don't they just ask for another $10 trillion so they aren't back asking for more 2 years from now...

Stimpak 2 is going to be for a least double Stimpak 1.

Good riddance, Terry.
Enjoy Paraguay.

A word of warning: if you're thinking of violent overthrow of the US Government because they're "marxists", go fuck yourself, traitor.

Gotta love this one for the FX traders/gold bugs:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aae3NJRYVR6I&pos=7

Nov. 13 (Bloomberg) -- A former client adviser at UBS AG was banned and fined 35,000 pounds ($58,000) by Britain’s financial regulator for his part in unauthorized trades that led to the bank receiving an 8 million-pound fine last week.

Andrew Cumming, who left the bank in 2008, according to the Financial Services Authority’s register, won’t be able to work in regulated financial companies for five years, the FSA said today. He helped to document false loans that were used to conceal losses from as many as 50 unauthorized trades a day in currencies and precious metals from January 2006 through December 2007.

The FSA last week levied its third-highest penalty over the trades. It said UBS’s bonus policies contributed to the violations by encouraging employees to take risks. The bank has had to pay $42 million in compensation to its customers for the unauthorized trades so far.

(said bad boy moves to unregulated trading exchanges like ICE-my speculation)

gabyjan wrote:

where did this recovery start in july 09?\

It was a "V" shaped recovery. North Dakota, Louisiana, and Vermont, as I recall....
but it's best not to rely on my memory.

good morning gabyjan: I resemble "maybe I just don't get out enough". lol. There are some landmines about today, tread carefully. I'm off to get my high fructose corn syrup and milk that costs more than gasoline in a diary state.

Nanoo-Nanoo wrote:

good morning gabyjan: I resemble "maybe I just don't get out enough". lol. There are some landmines about today, tread carefully. I'm off to get my high fructose corn syrup and milk that costs more than gasoline in a diary state.

N-N,
I checked the ingredients of the Cinnamon-Dulce syrup at , and there's no HFCs to be found. None none in their treats either.

I don't see how the NBER dingbats can declare the recession over in July 2009. If they do it's a travesty.

Aggregate income, especially private income, is still falling. Plus, the private economy is still shrinking. All of the Q3 "growth" was due to Government borrowing and deficit spending.

That's not growth in my book as it ignores the cost and sustainability of the growth. It's no wonder the majority are getting poorer.

Angry Saver wrote:

I don't see how the NBER dingbats can declare the recession over in July 2009. If they do it's a travesty.
Aggregate income, especially private income, is still falling. Plus, the privated economy is still shrinking. All of the Q3 "growth" was due to Government borrowing and deficit spending.
That's not growth in my book as it ignores the cost and sustainability of the growth. It's no wonder the majority are getting poorer.

But the top 5% that constitute the bulk of income are doing better!? Is it really that hard to understand?
/snark or at least wish I was...

I don't see how the NBER dingbats can declare the recession over in July 2009.

Now we know what social stratum you're in.

"If you put the Federal Government in charge of the Sahara Desert, in five years there would be a shortage of sand."

• Milton Friedman

Terry says its because the Marxists have taken over the government. You hear that Timmy, you're doing too much for the workers and not enough for the capitalists. (Heckuva job fooling the poor dope.)

Cinco-X (profile) wrote (in reply to...) on Fri, 11/13/2009 - 9:34 am

But the top 5% that constitute the bulk of income are doing better!? Is it really that hard to understand?
/snark or at least wish I was...

Since we basically know they aren't CREATING wealth or increasing productivity by the magical powers of their passive income, if they have seen real gains, they had to have come from redistribution (theft is a type of redistribution, as is fraud, as is extortion, as is taxation). We pretty much have established this as true - the top end has grown their net worth as well as incomes disproportionately to the bottom 4 quintiles.

Look...If were interested in building a milk pipeline ala the colonial oil pipeline and all the other's that supply customers throughout the country, then maybe then we can have milk as cheap as gas...

AOPL | Association of Oil Pipe Lines

FACTOID:

Today, four companies process 90 percent of the beef consumed in the United States. In dairy, just two companies process nearly 70 percent of the milk produced nationally.

I see my bank's 30 yr. fixed rate is back down to 4.875 again this morning. I didn't think I'd see that rate again, or at least not so soon.

Any predictions on how low the 30 yr. fixed will drop?

Milton Friedman

I'll take "Ivory tower wingnuts" for $2,000 please, Alex.

If I consume a freezer full of beef over the course of the year, but also grow another calf in the meantime, I have "more left for future years" as well.......

How's your oil crop doing?

Nanoo - wow. Here in NH I'm paying $2.39.

nova
i find that hard to believe,but i believe it. they have no idea of how to shop. i take a calulator,grocercy list and pen.and i look at prices dont buy things on sale if i dont want them and use coupons,some stores are total twits about coupons and yes you can use coupons with food stamps. no i dont use them dont need them. its takes a lot of time. most stores send out flyers of their weekly specials and you can get a good ideal of their prices sorry got excited you were just reporting the fact.

JD, let's face it, 90% of the American populace is expendable at this point.

Outsider,

I went to the WINC-FM website but they don't post sources and I didn't hear it.

Nanoo-Nanoo wrote:

yeah, the cost of living here is totally outrageous and despite the 'mystique'...VT is a poor state. Last year VT topped CA, HW and AK in taxation, its insane. We were the #1 highest taxed state in the union in '08.

Is that all in? Meaning sales, income and property tax?

Terry, if you finally reckon to move, come to HK.

16% tax on ordinary income, nothing on cap gains. Gov't rev comes from those reduced rates, as well as assessments on real estate, and some duities and fees.

Beijing doesn't have to dick with it because the elites are all trying to be more catholic than the pope.

Bloated but effective bureaucracy here, and the seafood is quivering fresh.......

yup. And I keep saying it, then when retail numbers are worse than last year, the flu will be blamed and it will be considered a 'temporary' problem to gather up for the 2nd qtr of '10.

I see a billboard in the future with us on it, and it says...

"Pets or Meat"

About the parents cutting back on food...around here that translated to middle class moms shopping at Target aren't buying organic, and have cut back to Hamburger Helper and Mac and Cheese. This is more about trying to stretch paychecks by eating cheaper, than actually skipping meals. I do believe however, the lower down on the income rung, the more drastic the cutbacks are....and this should not marginalize the issue of hungry kids, they are real and the number is growing. Locally, the school lunch program is feeding many kids their only 'real' meal of the day.

Retail stocks boosted by J.C. Penney, Abercrombie

Bizarre world! JC Penney was down 78%??????????????????????? they will be the first to go in 2010.

JD - Our great advantage is that the food value of most humans is much lower than that of animals raised for slaughter. For now...

,rad RIF,

There's many an American would plenty of meat on the hoof, 4 legs good eating, 2 legs not so much.

shill wrote:

Retail stocks boosted by J.C. Penney, Abercrombie

Bizarre world! JC Penney was down 78%??????????????????????? they will be the first to go in 2010.

...Yeah, but they beat analyst estimates !!

Uh oh... did consumer continence just take a dive?

(Klaxon sounds repeatedly)

comrade rally monkey
the price of diesel figures very much into the price of milk. diesel not gas diesel! diesel is what makes this country go around and it needs not to go higher than gas jmo

Uh oh... did consumer continence just take a dive?

With a do nothing Congress, and DO NOTHING COMMANDER IN CHIEF...its a wonder the whole economy has not tanked............oh wait.

Comrade Misean is Dope wrote:

Thanks, tip the waitresses...I'm here all week.

How's the veal?

ac,
The last five years of my father's military career...he started to talk about the transformation of the army from a military force to a social program designed to meet the needs of certain segments of the population. This was fine during periods of relative peace but would backfire in a prolonged 'real' war environment.

shill wrote:

With a do nothing Congress, and DO NOTHING COMMANDER IN CHIEF...its a wonder the whole economy has not tanked............oh wait.

I think we'd be in much better condition if they had done nothing, actually.

ac wrote:

I keep reading all these articles that say the only kind of stimulus spending that really works is military spending. I can't evaluate the validity of these arguments, but I do wonder if that's the real driver behind military spending today.

Other forms of stimulus merely pull demand forward; military spending has the advantage that it's pure waste and there's no real demand to pull forward.

And I can't decide if that's snark or not.

Blankfein claims GS employees are the most productive in the world....

Really?

Petroleum pipelines depend on a relatively small national workforce of about 10,000 skilled men and women, yet that workforce transports over 828.8 billion ton-miles of freight each year. These workers accomplish this job so efficiently that America's oil pipelines transport 17% of all U.S. freight, but cost only 2% of the nation's freight bill

anyone else have examples?

noob goldberg wrote:

However, it's generally assumed that a relative reduction in the cost of exports would encourage importing countries to consume more, and vice versa.

However, since much of what we import isn't produced anymore in the United States a weakening dollar just increases the cost of imported goods. So we don't get the import substitution that would normally take place. So at best the a weaker dollar only stimulates exports- but then again we don't make a lot of stuff that the world wants to buy so we are left with just the price elasticity of a few items. On that basis a weaker dollar is very weak tool.

U.S. Nov. UMich sentiment 66.0 vs 70.6 Oct.
9:55 a.m.
MarketWatch.com Search

,rad Comrade,

Everybody knows the Squid is specialer than everybody else. They fly in short-planes you know...

Angry Saver wrote:

Apparently it is that hard to understand. The Fed, CONgress and NBER seem oblivious to the simple fact that our "growth" was based on unpayable debt issuance. That's not growth at all, it's impoverishment.

THAT'S why I wished I was snarking.

crazyv wrote:

However, since much of what we import isn't produced anymore in the United States a weakening dollar just increases the cost of imported goods. So we don't get the import substitution that would normally take place. So at best the a weaker dollar only stimulates exports- but then again we don't make a lot of stuff that the world wants to buy so we are left with just the price elasticity of a few items. On that basis a weaker dollar is very weak tool.

Agreed, but I'll have to channel dryfly and argue that we're still in the early stages of this crisis--from a manufacturing perspective--and it will probably take a couple of years to rebuild the manufacturing sector from decades of neglect. But the economics are finally in favour of it, so I have no doubt it's going to happen now.

ResistanceIsFeudal wrote:

Indeed. The true reason for fattening us up on a carbohydrate and protein-rich diet is now coming into view for me. I had ignorantly assumed it was just to increase our dependency on the medical establishment. In reality, perhaps it improves our flavor or results in more tender and succulent flesh (at least in the younger ones).

So you're saying we'll need to get a "long pig" icon soon?

U.S. Nov. UMich sentiment 66.0 vs 70.6 Oct.

Diving drill complete.

Back to the highs.

Cinco-X wrote:

Not a lot of details in the article. Oil price recovery probably played a part in it, but I wonder if big business is starting to get the sense that the government is going to try and put the burden of more spending on them, and are beginning to restructure their businesses in a way where the "profits" are made outside the US of A and beyond the reach of the USG
.
Cinco-X, these global, multi-national , US originated corporations do not belong to the American people anymore. Whether they make big profits outside the US or not should not be our concern since their foreign profits do not help 99% of the Americans and most of them pay on average, around 2% in US taxes anyway

Noob

I think if we focused on things like unfair labor and environmental standards we wouldn't have to resort to the clumsy tool of currency depreciation. Sometimes I wonder what kind of universe I am in when I listen to economic prognosticators - bigger government deficits and weaker currency are the path to economic health!!!

FTD - Congressional Highlights

Just make government the single-pay insurer and leave the rest of the health-care market alone. Current insurers can be relegated to providing supplementary insurance. Why is this so complicated?

Noob, how about you lobby for us?

ac wrote:

I keep reading all these articles that say the only kind of stimulus spending that really works is military spending (or spending unrelated to "typical" domestic activities). I can't evaluate the validity of these arguments, but I do wonder if that's the real driver behind military spending today.

One thing about military spending; it's difficult by regulation to outsource it to China or India. I believe it allows folks here to gain income without simultaneously swamping the market with consumer goods. Finally, there has been evidence in the past that there have been many technology spin-offs that helped improve out standard of living. Of course, it's all paid for with taxes or debt, so there needs to be a limit to it; we can't rely on it to be the sole driver of growth, or even a primary driver.

omg jd i can just see them in their short planes and copters too right? about the copters

crazyv wrote:

I think if we focused on things like unfair labor and environmental standards we wouldn't have to resort to the clumsy tool of currency depreciation.

In that respect, you and I are in complete agreement. I'd be perfectly happy if the days of multinational regulatory arbitrage were behind us.

But I've always been overly optimistic.

'It's protectionist as hell, distorts the market all out of whack, and yet is probably a system we'll see emulated in other countries as this crisis unfold, IMHO."

It guarantees huge profits for agribusinesses and for large farmers. Also it allows us to burn our foods in our gas tanks (ethanol). Farmers and automobile owners all vote and agribusiness contributes large to political campaigns. What's not to like?

gabyjan wrote:

fresh produce costs more then canned frozen etc etc

Are you sure? Frozen food is quite expensive, and not as good, at least here in the NE-

Nanoo -

I can relate.

2010 assessed value @ $490k
2009 general tax @ $3900
2009 school tax @ $6632
2010 school tax @ $7267

2.5% tax on home energy (includes oil, nat gas, propane, coal and firewood)
Sales tax 8.625%
State income tax 6.85%

regular gas at the pump is $2.85 of that $.42 is state tax and federal - county taxes gas as a percentage of price as well at the rate of 4.25%

I'm sure I'm omitting a few.

they really wanna hold this market up through the end of the year. I'd love to see a crash before the warm and fuzzy holiday season.

You may get your wish. I think hedge fund redemption notices for this quarter are due november 15th. With long funds having a great return this year I can see a lot people wanting to lock in their gains. And since they have pretty much been the market this year there could be some year end selling. It will have the additional benefit of providing a lower base to pump from next year and provide political cover for the next stimpack which will heat up after xmas when small businesses get decimated by poor xmas sales.

blackdog,

+1

Uncle Ar wrote:

Noob, how about you lobby for us?

Good lord, I lobby in agriculture right now, and that's got enough drama for me. I can't imagine the soap opera running the US healthcare gauntlet would be!

But I'm obviously missing something (intentionally...I'm trying to stay as ignorant as possible toward this issue). From what I understand, doctors in the USA hate the current system because they have to hire umpteen administrative support personnel simply to deal with processing insurance claims. In Canada, three or four doctors operating in a clinic together can share one part-time clerk who comes in a couple times a week and and deals with the limited paperwork.

Just think of the waste and extra expense that's being generated in that one activity alone in the current health-care system? If every doctor has to have at least two or three full time assistants to deal with the paperwork, that drives up all medical costs.

Mike in Long Island-

I think anybody who complains about the their tax burden should also offer their list of spending cuts first. To give you just an example- I proposed that my City should consider reducing its foot print of footpaths so that the existing maintenance spending would be in balance with the expected life time of the foot path. It went down like lead balloon. In fact there were petitions that we should be building more paths by the same people who were complaining that our taxes are too high.

Uncle Ar wrote:

Any ag product getting a subsidy from the american taxpayer should not be exportable. Problem solved.

How should we deal with cross-subsidization? Subsidize corn and soybeans, for example, which are then fed as cheap food-sources to cattle and chickens. The American cost of production is lower, but since they aren't directly subsidizing livestock production, can they still export them?

There are ways of encouraging and supporting agriculture that do not rely on direct subsidization, but they are hard to implement and sell and subsidies are easier to explain and justify, even if they're counterproductive.

Apparatchica gabyjan,

When I was in elementary school, the developmentally challenged kids were on the same campus, but segregated somewhat, and they came to school on the "Mahaney Bus Co." short-bus, and we sadly called the kids 'Mahaneys'.

The Unabankers are very much Mahaneys in their own special fashion...

better to have the abortion payment come from the RNC for your paige than from the senator's wallet.

Lord Blankcheck's (stole that) behavior is calculated but his intent is causing me to draw a blank. Lord Shiny Dimon has an excellent Orwellian doublespeak commentary in today's Post. Throw in Gates and Buffet cheerleading yesterday and it seems the bad banker role is being Figureheaded to Blankfein. Did that oligarch make so much money that he is willing to take the heat for the bankers? Or is he just that arrogant and assured of his place in the world?

Banks should be allowed to expand - and fail - washingtonpost.com

didn't consumer sentiment unexpectedly decline last month, too?

U.S. Economy: Consumer Sentiment Unexpectedly Falls (Update1) - Bloomberg.com

better to have the abortion payment come from the RNC for your paige than from the senator's wallet.

I didn't realize young boys needed abortions.

crazyv wrote:

I proposed that my City should consider reducing its foot print of footpaths so that the existing maintenance spending would be in balance with the expected life time of the foot path. It went down like lead balloon. In fact there were petitions that we should be building more paths by the same people who were complaining that our taxes are too high.

Each community has its own school district. Centralization of purhcasing and admininstrative functions would be a step in the right direction - chances of that actually happening are slim and none.

'Noose & Squirrel"?

Cinco-X (profile) wrote (in reply to...) on Fri, 11/13/2009 - 10:27 am

Success on SW projects sucks (>90% failures?). The hardware projects I've known about in the past did much better. Even McNamara's Folly, the F-111 turned out to be a very good airframe over the long haul, despite 15 years of setbacks. It just needed to find its niche-

That makes sense based on my somewhat hazy recollection of some research done for a project management class years ago. There are so much better ways to spend large amounts of money in foolish and risky ways that create or support interesting and hi-tech research and development jobs than letting merchant banks play the ponies with it.

Where is Liz ?

Home, Condo Sales on the Rise in Florida

cinco-x
got memo filed in round file under hogwash

Gold just left the launch pad.....climb Mr. Market climb!

where is the
t r orwell
what is poverty? i think poverty is different for each one of us.and as a country how many would realize it it would be same old same old to them.

Looks like V shaped recovery for deficit.

Uncle Ar wrote:

Any ag product getting a subsidy from the american taxpayer should not be exportable. Problem solved.

Didn't you just completely eliminate US food aid? i.e. govvie money supporting exports of food to 'where it's needed' (to wipe out other countries ag).

If the Agriculture Industrial Complex can sell it's carrots for $3 a pound f.o.b. to China, and can only get a dollar a pound here, who gets the carrots, Buggs?

gaby-I don't know. I do know Lord Dimon is the Big Man and a tried and true friend to the Administration. If anyone wields the reins of power it is Dimon. Blankfein has made hundreds of millions and GS is facing an incredibly damaging pr backlash. Add the real possibility that GS has some big bonuses, lawsuits and investigations pending and a fall guy is being manufactured. Blankfein does a credible mea culpa with a Truman "buck stops here" and takes the populist anger away with him as he steps down to run a hedgefund in Asia.
All conjecture on my part. Entertainment purposes only.

gotta go- enjoy the day.

It's funny...

When I was a kid, my parents told me to finish my meals, "because there are people starving to death in China", and it was true at the time, sure enough.

Might a Chinaman in the future tell his children to finish their meals, "because there are people starving to death in the United States"?

gabyjan wrote:

got memo filed in round file under hogwash

The least you could've done was recycle it.

JD - Perhaps the Chinaman will tell his children to get back to the factory so that the people in the United States can get their food stamps.

exteernalized costs
you got to admit it is entertaining sort of almost taking a leaf from Ws god told him...
i know nothing about this financial stuff but jmo and just a feeling. bonuses are going to parachutes better to call them bonuses isnt it. then parachutes

Juvenile Delinquent, this is exactly what happened in Argentina when the politicians sold out the country to foreigners. Neither Bugs Bunny nor the Argentinians got anything except very expensive carrots. AND THEY RIOTED to the detriment of their foreign investors temporarily.

Cinco-X wrote:

The least you could've done was recycle it.

Recycling killed domestic aluminum production. When demand increases shortages will cause price disruptions and environmental laws will prevent reopening thus sending sources overseas exacerbating trade deficits. Ain't 'Merica grand?

That Minyanville bit on UE is an excellent piece of analysis - recommended reading!

*"because there are people starving to death in the United States"? *

worst line of logic ever....

result? 28% morbid obesity rate

jd could be but give us at least couple of months and plenty of water, faties going on diet. then they might be able to say that. but we have stores

Super-rich seen buying gold, selling hedge funds

Super-rich seen buying gold, selling hedge funds | Gold Anti-Trust Action Committee

Terry wrote:

A must read on the disincentives created by the health care bills on the working poor: The Dead Zone: The Implicit Marginal Tax Rate - Clifford F. Thies - Mises Institute

How stupid and evil must our elected representatives be to do this to the working poor! Actually, this being a democracy, there is nobody to blame but the electorate. Especially the left-liberal do-gooders. Since Milton Friedman developed the negative income tax, waaay back in the 1950s, there can be no excuse for any educated person to not be aware of the fact that taxes and means-tested benefits destroy the lower classes' positive incentive to work.

Not a War Chicken (Auburn) fan, but'cha gotta love it.

News doesn't mean jack - look at the EUR/USD cross - just sayin'

Don't know why my Baltic Dry Chart link shows up as "Franchise Times Magazine". The link does work however.

Cinco-X wrote:

Not a War Chicken (Auburn) fan, but'cha gotta love it.

War my economy not sucking.
War me not having to eat cat food.
War the CR Commentariat.
.
And I'm out.

Tic Tic Tic Tic

Pathetic Volume, that is all

Shark Investing - Volume Charts

cinco-x
if they get the card cant buy either nor anything other than food and seeds vegetable only (i think)

It's a Chinaman's chance, that the hoi ploy will keep on getting stamps.

Unemployment Projections Through 2020

I'd like to see what Mish's UE projections are for a double dip.

gabyjan wrote:

if they get the card cant buy either nor anything other than food and seeds vegetable only (i think)

I just recently saw something about foodstamps being used for buying other stuff. Probably some sort of barter arrangement or crooked store owners. Not supposed to happen, but it does. See the post above regarding morbid obesity.

Go long garlic?
Swine flu causes surge of garlic sales in Serbia

It cured my ear infection, and I am still eating a raw clove a day. Nice little energy boost. Keeps the away too.

Vonbek777 wrote:

Cinco, they finally got rid of one of the ones near Panama City... St. Joe Company building new condos after the environmental cleanup.

I heard that. I used to visit cousins that lived downwind off them back in the '70s. Even when the wind wasn't blowing that smell past their place, the houses, trees and everything else still had that smell. I wouldn't be surprised it you went out to the local ponds and creeks and stilled up the mud that you'd still smell it-

...using someone with a "food stamp credit card" to buy you groceries and then they are paid back "some way" happens all the time - watch the food shoppers (I sit on a bench at Wal-Mart near the check-out counters while the Mrs shops) - the "traders" are easy to pick out.

Vonbek777 wrote:

Go long garlic?
Swine flu causes surge of garlic sales in Serbia

Go long mouthwash and breathmints?

Vonbek777 wrote:

Nice little energy boost. Keeps the

Mmmm.......Squid with butter and garlic

We Must End the Era of "Too Big Too Fail" - Jamie Dimon, Washington Post

Need a new keyboard now

This is just the daily chart from stocktiming.com. I don't know where the hyperlink language is coming from....

Expert Stock Market Timing Models used by Money Managers and Investors...

Cinco-X (profile) wrote (in reply to...) on Fri, 11/13/2009 - 9:14 am

* reply
* Ignore user

Vonbek777 wrote:

Nice little energy boost. Keeps the Vampire Squid from Hell

Mmmm.......Squid with butter and garlic Wink

Popular item in annual Gilroy garlic festival. Sadly, Gilroy garlic production is on the way out; can't compete with Chinese garlic imports.

Those of you spooked by Swine Flu...

One thing i'd most definitely invest in, would be a 20 pack of N-95 masks, it's around $50 or so.

When SARS hit earlier in the century, and I was at the post office almost everyday, you wouldn't believe how many Asian people were mailing masks, back home.

Vonbek777 wrote:

So far the wife's co-workers haven't complained, although she has invested in the mouthwash and breath mints, so I concur with your counter-suggestion.

Guess you won't need to worry about her cheatin' on ya'

I used to live near the Champion paper mill in Canton NC. P-U. Plus, issues w/the river resulting.

Of course, the local saying was: Smells like money.

Rob Dawg wrote:

This is not a discussion you want to start. My grandmother was Horace A. Moses' Executive Secretary at Strathmore and I was a mill chemist including being responsible for effluent treatment. Whatever you think, I've got a different story. Given the north american resources amenable to paper production it is indeed a shame that we aren't able to execute sustainable production practices as the jobs would be plentiful, varied and well paying.

Edit; Just checked. I have GOT to remember to add those "smileys" . Later
I was (again) just teasin' you. I'm sure things are better around paper mills than they used to be. If we'd get rid of the desire for bleached paper, we'd also get fewer (is it?) dioxins in the effluents. Being responsible is always a good option in my opinion. We just need to get exchange rates and regulations that allow it to be practicable.

re: Swine Flu
ALDA Pharmaceuticals Corp. named Official Supplier of hand sanitizer and disinfectant cleaning products for the 2010 Winter Games - News Releases : Vancouver 2010 Winter Olympics
Alda Soars on 2010 Olympic Contract as J&J Withdraws (Update2) - Bloomberg.com 1-Yr Return 359.259%

She likes kimchi too...so I don't worry too much...although there is that single Korean contractor I keep my eyes on... just kidding . We're both incredibly introverted...about as close to eagles as you come.

Ooh! I added it to my post above and here you've beat me to it!

i use lysol wipes

something is going on funny how gs got out of bank holding business just as sheila wants her prepaid fees.

GS isn't a bank holding company because it is a financial holding company.

Octopi Octopirates, same same.

I'll take 3 Tim. And I have to ask, are you going to the movie tonight?

Nov. 13 (Bloomberg) -- The Federal Reserve’s policy of keeping interest rates near zero is fueling a wave of speculative capital that may cause the next global crisis, Hong Kong’s leader said.

“I’m scared and leaders should look out,” said Donald Tsang, chief executive of the city, said in Singapore today. “America is doing exactly what Japan did last time,” he said, adding that Japan’s zero interest rate policy contributed to the 1997 Asian financial crisis and U.S. mortgage meltdown.

Fed May Cause Next Crisis, Hong Kong’s Tsang Suggests (Update2) - Bloomberg.com

basel too
does that mean they do or dont have to play the prepaid fee game?

My parents were stationed in Korea for four years, after I left for college, didn't get to go....they developed a taste for it too. I love sauerkraut, but I can't do kimchi at most of our local joints. I am told the real stuff is much better.

NC? Which NC? Not the state?

The famous Las Vegas Herbst family who owned all the "Terrible Herbst" gas stations, casinos, Primm properties, and slot routes, hoped to keep the slot routes in bankruptcy court. A Reno judge throw them out of ALL. One brother (of three) still runs the casino operations for the other principals, but everything INCLUDING the lucrative slot routes were taken away.

FYI, "Slot route" companies are what most all of the small bars, restaurants, & businesses use to gain slot machine revenue. Instead of buying 15-machines (the basic limited gambling license), a slot route company will install and service THEIR machines and provide you with a cut of the proceeds, generally 30-60%).