Hey !

Anyone know where to find video of Ben speaking? Nobody seems to be covering it..

Yellen is jellin' like a felon.

Rob Dawg (homepage, profile) wrote (in reply to...) on Mon, 2/22/2010 - 12:17 pm

There's the difference! Thank you. A single piercing light that illuminates the darkness. Krugman advocates counter-cyclical spending whereas I advocate counter-cyclical saving.

There was a time when heretics were burned at the stake.......

Juvenal Delinquent wrote:

but they said nothing of what becomes of the kids that don't go to college

Listening to what's not said can be bad for your mental health, JD.

Hus your daddy?

http://theologhia.files.wordpress.com/2008/09/spiezer_chronik_jan_hus_1485.jpg

It is like thinking causes unYUANted pain.

Cinco-X wrote:

Rob Dawg (homepage, profile) wrote (in reply to...) on Mon, 2/22/2010 - 12:17 pm

There's the difference! Thank you. A single piercing light that illuminates the darkness. Krugman advocates counter-cyclical spending whereas I advocate counter-cyclical saving.

There was a time when heretics were burned at the stake.......

There will come a time again when heretics are burned at the stake.......

Back on topic:

Yellen doesn't make the case for why unemployment will decrease 2 percent. That's +270k/mo from here to year end and +350k/mo in 2011. Not.

Yellen says I should warn that there is a great deal of uncertainty surrounding this forecast.

Brilliant!.... now got anything more to say

Yellen doesn't make the case for why unemployment will decrease 2 percent. That's +270k/mo from here to year end and +350k/mo in 2011. Not.

Because the said so Dawg....

So I'm supposed to pay taxes in order to fund public education for 4 years of high school and now they only want to provide 1/2 the service (2 years)?

Rob Dawg wrote:

Yellen doesn't make the case for why unemployment will decrease 2 percent

Gad, another guy listening to what's not said.

We need some legislation here.

yagij wrote:

We are confident that it sucks to be us!

Better being us than Greece.

Yalt wrote:

a 20% increase in disgruntlement among the unemployed.

go long CESSNA.

OT: Gold. Today's smack down is notable. The nation states must at alllllllllllllllllllllllll costs protect the acceptance of their fiat. Irregardless of the their abuse of fiat as a store of value and the real consequences to their constituents, they will attempt to savage gold's price whenever and wherever they see an opportunity.

The failure of the 80's gold dump by the West via the IMF to hold price for more than the 10 years it was successful in doing so, IMO is this generation's severe and permanent injury to fiat.

But that will not stop raids, loans, backings, jawboning, and soon enough outspoken derision of gold.

With no protection of the masses against their nation state ruling parties, the desire to rescue themselves via self-help remains a constant.

Gold will double, without a doubt in my mind, even if there were the largest attack against gold in world history (though larger than the last IMF attempt is unimaginable to me).

The logic irrationality on the part of government is way too easy and self ratifying.

There's no question in my mind that a position of one's assets, now 40% in gold is rational and wise while we watch the world of today.

Yes, a law with a catchy title like "Freedom Facts"...
and flag lapel pins; lots of flag lapel pins.
They are the mark of a true patriot.
and eagles we're going to need some eagles...

Juvenal Delinquent wrote:

Is how we end up with 3rd world educated kids

In all seriousness, I think our institutional process for developing these children's minds needs to be changed, but I'd have to be seriously retarded (w/ apologies to Ms. Palin) to think that the same people who run the current institution will be able to change it for the better.
.
I'm with HomeGnome that unless the taxes for schools are cut from 25-50% because of the changes to 11th and 12th grade, then I see nothing but FAIL.

"So I'm supposed to pay taxes in order to fund public education for 4 years of high school and now they only want to provide 1/2 the service (2 years)?"

gnome, you need to concentrate on quality over quantity. If we had after school cramming sessions we could follow the Asian model and get them out of school by the end of grade 7 and into the salt mines earlier.

Think of the boost to corporate profts!!

poic wrote:

Think of the boost to corporate profts!!

Corporations need paper derivatives, not workers. Where are you from?

-$6 is a smackdown?

Go long hyperbole

Cinco-X wrote:

If so, then your statement is true.

Motto of the Grecian Army: Never leave your buddy's behind.

"According to one study, only half of the high school students in the nation's 50 largest cities are graduating in four years, with a figure as low as 25% in Detroit. And while concern over dropouts isn't new, the problem now has officials outside of public education worried enough to get directly involved."

The High School Dropout's Economic Ripple Effect - WSJ.com

---50% is an EPIC FAIL!

TransUnion: Surprising increase in souring mortgages | Money & Company | Los Angeles Times

• You just gotta love the continued use of the words, "Surprising", "Unexpected", etc. I've taken to laughing when I see a sentence related to the economy that starts with those words!

I'm with HomeGnome that unless the taxes for schools are cut from 25-50% because of the changes to 11th and 12th grade, then I see nothing but FAIL.

In a sense, that's part of the problem - public education is a TBTF institution. Piles of money, lots of influence peddling, and ... won't anyone please think of the children?

Soros: Even if You Save Greece, The Euro Is Doomed

Read the rest @ FT.

FT.com / Comment / Opinion - The euro will face bigger tests than Greece

"poic wrote:
Think of the boost to corporate profts!!
Corporations need paper derivatives, not workers. Where are you from?
"

well we need someone to run the paper mills for the base goods. What better then 12 year olds. Get them in there at the bottom of the pyramid when they're young and maleable.

I'm thinking we could also teach them a revamped religion.

How god created Jamie and Lloyd to run our world and do gods work.
And on the 6th day he created paper derivatives.
On the 7th day he rested and all was good.

I vote for the goose -- a perfect example of pay-as-you-go.

You sure you don't want a golden goose? Everyone stuck together, one following the other, no control over where it ends up.

Welcome to the Icarus Economy with Janet Yellen in the guest role of Daedalus.

Them song: YouTube - Greatest American Hero Intro

Look at what's happened to me,
I can't believe it myself.
Suddenly I'm up on top of the world,
It should've been somebody else.

Believe it or not,
I'm walking on air.
I never thought I could feel so free-.
Flying away on a wing and a prayer.
Who could it be?
Believe it or not it's just me.

It's like a light of a new day-,
It came from out of the blue.
Breaking me out of the spell I was in,
Making all of my wishes come true-.

Believe it or not,
I'm walking on air.
I never thought I could feel so free-.
Flying away on a wing and a prayer.
Who could it be?
Believe it or not it's just me.

NateTG wrote:
... won't anyone please think of the children?
Someone did think of them... as dinner (or political leverage in more PC terms). Along with the sick, the needy and the old.

NateTG wrote:

won't anyone please think of the children?

I thought that was illegal.

I see the economy gradually picking up steam over the remainder of this year as households and businesses regain confidence, financial conditions improve, and banks increase the supply of credit.

I can see why she would be encouraged if those things were happening. But how does she expect confidence to rise, financial conditions improve, and banks increase credit supply? Those are some pretty big assumptions.

The unemployment rate, which was 5 percent at the start of the recession, rose to around 10 percent in late 2009.

I have a problem with the 10% number. The brunt of this downturn has hit the housing sector and all of its tributaries, which include a huge number of U6, unaccounted-for, workers. The 10% just doesn't begin to cover the real numbers.

There is a glimmer of good news on the employment front. The pace of job losses has slowed dramatically and some indicators, such as gains in temporary jobs, suggest that we may be close to a turnaround in the labor market.

I saw a report recently that stated in this downturn, temporary employment is NOT an indication of the dawn of improvement, but that this time instead it was just that companies are too afraid to hire permanently - contrary to past recessions.

I was encouraged to see the unemployment rate drop from 10 percent to 9.7 percent in January.

Again, you have discouraged workers and those who are just relenting to the drop from middle to lower class. I don't believe the employment situation is getting better.

Slumdog, I want to take my current losses in srs and roll them over into another losing trades. Any recommendations?

Rob Dawg wrote:

Believe it or not it's just me.

Oh, man, Dawg on Happy Juice.

Something very bad is happening in CA.

Dude, maybe like, we could, like, you know, maybe, like, I dunno, um, er, like, increase, um, the like, requirements, like, for graduation and like, stuff like that, dude.

Counting money is habit forming.

yagij wrote:

This "for the children" meme needs to be taken out back and stabbed to bloody death.

Especially when it's used to justify a bigger salary for themselves...

ResistanceIsFeudal wrote:

Non-being can never rest.

But they do have the Freedom of Speech so they get all the productivity gains possible!

Good question about those kids who don't make it to college. Wonder what a high school diploma will signify after further dilution...,

Assuming one skims out a small subset of the seniors and/or juniors performing well enough to go to college, the kids who are left will to be restratified of course. The top performers will now be the B students (who will probably receive the A's) and so one down the Bell Curve. It may take a lot of effort to fail. Top colleges will soon take a jaundiced eye at anybody slow enough to have to stay all 12 years at a typical high school curriculum, as though there is something wrong with the pupil. Parents will find the schools with the high proportion of "opt out," seniors and redirect their children there. It will become yet another way to identify the failing systems as well, as these schools will not send as many kids to college at age 16.

Maybe the U.S. is headed to the Asian "cram school," approach. The quicker you test out of high school, the better. The only high level kids in grades 11 and 12 might end up being the athletes who are obligated to stay by NCAA rules.

Whether or not one is mature enough to handle a collegiate program at age 16 is up for debate. Certainly, I was not.

ResistanceIsFeudal wrote:

Feedom of Speech.

---I have been assimilated.

ResistanceIsFeudal wrote:

Actually it's now the Feedom of Speech.

While we get the Fiefdom from Speech! Peasants of the World shuddup.

Dude like I um know this dude that works at a Starbucks and like he can so get me into a job there, and make some real money, dude.

poic wrote:

another losing trades

Treasuries are your best bet, although any currency in Europe could be good, too.

Apparently I was too subtle. No more off-label for me.

I wanted to jump in on this topic, but my experience doesn't seem to be the norm...but let me say this, as much as I found high school a mental and physical prison...the disappointment college turned out to be...going there sooner...is not the answer. Truth is the whole education system needs to be reworked...but we can't stop the machine for fear we will never get it started again.

NateTG wrote:

No more off-label for me.

Stick to the top shelf stuff when you're here

HomeGnome wrote:

Dude, that's like, totally awesome dude.
And there's loads of hotties dude.

And like tons of MILFs 'n stuff...

awesome, dude!

We committed to this course when the "Swedish" model was passed over.

Rob Dawg wrote:

California Debt Watch.

---You need to add a "Freedom" or "Patriot" in there.
And proudly wear your flag lapel pin.

I have absconded with July 15th being of high importance in the scheme of things here in the Golden State, so you'll have to decide upon one of 364 others days, ,rad Dawgma.

Outsider wrote:

The 10% just doesn't begin to cover the real numbers.

I'm going to have to update my numbers on the unadjusted U-3 to U-6 spread, it appears to have opened back up a tad. It ran around 3%-4% (including the 2001 recession) until the current recession started when it blew out to the 6%-7% range...got under 7% for awhile, it is back over that again.

"Distressing Gaps" everywhere...

11th and 12th graders out of HS, into college debt earlier.

I've reinstituted my California Debt Watch. I'll be sure to leave a note when the threat level is raised to Default Watch.

I'm conditioned to colors. If you don't translate it into colors, how are we going to know when to worry?

"I'm conditioned to colors. If you don't translate it into colors, how are we going to know when to worry?"

California debt watch has been raised to code

Outsider wrote:

I've reinstituted my California Debt Watch. I'll be sure to leave a note when the threat level is raised to Default Watch.

I'm conditioned to colors. If you don't translate it into colors, how are we going to know when to worry?

Colors? Does "brown and steaming" work for you?

energyecon wrote:
A love of lifelong learning is a parental value to be transmitted to the young...which survives in spite of the educational process.
Hard to get that in families when both parents work 60+ hours a week, and you're raised by daycare providers, the state and TeeVee. All hail the de facto Lebensraum!

White: Uh oh.

Brown: Worry.

Red: Get to hospital.

12th Percentile wrote:

the idea of sending kids to college at 15 or 16 is bad. Who knows what they want to do at that age?
and the social life sucks.

I was 16 when I started college. I wanted to do the same things everyone else did -- and the social life sucked.

Dude, that's like, totally, a lot of, like, , dude.

HP Loancraft is working on another financial horror story, and is unavoidably detained.

Juvenal Delinquent wrote:

This is the main problem with our colleges and universities, they stifle further learning after receiving your diploma because the way they teach it is a chore.

No, I still try to learn (hence, CR), but I have an unhealthy loathing for academics and the Higher Ed. in general.
.
Many academics are truly good people, but until I meet 'em and get to know 'em, I don't care how many letters they have after their name unless it is related to providing expert testimony for trial. Then, it is just about convincing a judge, not me.

This little piggy ate !

Maury the Credit Responsibility Panda wrote:

Think of the savings!

(Even with the ) Tease

Think of the savings!

The new, revised, improved definition of savings: We had to borrow less this month than we had to borrow last month.

Juvenal Delinquent wrote:

HP Loancraft is working on another financial horror story, and is unavoidably detained.

Margin Call of Cthulu indeed.

Thumbing through my copy of "The Necronomicon" (at midnight by the light of a black flame), it warns that the consequences of bringing the housing market back from the dead will be far more dangerous than letting it rot in the stygian depths to which it has fallen. The extent of those depths in the dark days ahead will not be known until the spectre of Cthulu awakens and (re)posses those things most dear to the doomed minions souls. Namely the holy speed boat, the most reverent Harley-Davidson, those objects of all desire the SUV, RV and ATV. Only then when all hope is lost and the scavengers are finished picking the bodies on the bloody battlefield clean of all that is valuable will the lamentations of the children, resigned to public schools and community college be heard. Only then as the wives cry out to the darkness, "Maui, Cancun wherefor art thou" will the true nature of the beast variously known to mere humans as the House ATM, the great equity withdrawl, the very HELOC himself so powerful that he is CAPITALIZED be revealed as a vampire sucking the lifeblood of guilty and innocent alike. Listen now, quiet, in the distance. The sound, the smell, the desperation. Those who thought an easy death, bankruptcy itself will be denied. No one gets off that easy. The laws of the gods of light and dark are no match for the US courts system. Ameriquest will eat their livers every dawn and peck out their eyes every sunset only to keep them barely alive to feed again on the morrow. And at night, where will they sleep? Not in their own beds, that's for sure.

i agree yagij
and i think that we should get rid of daylight savings time,thats another thing that is supposed to be for the children

homeGnome
you dont mean like being able to read,do you?

EW talks to Bill Maher.

Elizabeth Warren: Are You People Blind Or Something? - Dealbreaker - A Wall Street Tabloid - Business News Headlines and Financial Gossip

The good stuff starts at 2:00. Both funny and sad.

What is scary to me is how much money we've had to print to bail out and too big to fail companies, to buy every mortgage, to try and prop up the economy and so forth. This is being done to stabilize the here and now with shaky results at best.

The 800 pound gorilla in the room is the 50 trillion plus in unfunded mandates and other pensions that for the most part will NEVER be paid. I think the shear size of this "debt" is beyond comprehension! We have made a lot of promises that will never be kept! The sooner we renig on many of these promises and obligations the sooner we can begin to grow again or maybe it will be TEOTWAWKI!!

tncubsfan wrote:

The sooner we renig

--renege
fyi.

12 Billion short for public pensions here in South Carolina.

He may have meant renig.

Rob Dawg wrote:
The extent of those depths in the dark days ahead will not be known until the spectre of Cthulu awakens and (re)posses those things most dear to the doomed minions souls.
They're called possessions for a reason. I suppose the breast implants and other vanity surgeries are pretty much write-offs though, so they may turn out to have been the smartest 'investment'.

Yellen's outlook fails to include the budget crunch that state and local governments will face this year.

As an example the county I live in is looking at cutting the school budget from $72.6 million (FY 2010 which runs through june 30th) to $65.1 million next year. The budget won't be finalized until march but dozens of job cuts on the table.

I expect unemployment to remain painfully high for years. The rate should edge down from its current level to about 9¼ percent by the end of this year

UE going down later this year when all the census workers are let go 2H?

On that front, the most recent data show consumers releasing somewhat their tight grips on their wallets.

Sales tax collections say otherwise.

tncubsfan wrote:

What is scary to me is how much money we've had to print to bail out Vampire Squid from Hell and too big to fail companies, to buy every mortgage, to try and prop up the economy and so forth. This is being done to stabilize the here and now with shaky results at best.

We've spent more over the last three years than it would take to pay every mortgage payment over that time. Got that? every household in the US with an extra mortgage payment in disposable income and get this; 0.00% delinquencies. An inflationary? You bet. These idiots can't even cause inflation when they want it never mind the scary part of their being able to control it when they need.

W have indeed printed squidloads of money. Doubling the available supply wouldn't have been enough to offset the halving of the velocity of money. F=1/2 Mv^2. It's all about the "v" and when the "v" ticks up the Fed won't be able to drain fast enough. Bad, bad, bad. Obvious, obvious, obvious.

Rob Dawg wrote:

(re)posses those things most dear to the doomed minions souls.

No, PLEASE, not my JetSki. I have 2 perfectly good children you can take.

Tick, tick, tick.....

Dangerous times indeed. There have been hate groups before but when that is combined with large scale frustration among populace and the need to DO SOMETHING...that is something totally different than just a bunch of stupid skinheads drinking beer and "having fun".

I'm starting to get with the program a little more each day. So, the government prints money and borrows from foreigners, gives it to the states to spruce up their interstates and later build them out with toll booths in order to sell them to their creditors for extra income. It's a win,win for everybody. Got it!

sm_landlord wrote:

EW talks to Bill Maher

Great link and enjoyed EW as usual!!

Timmay finally found his perfect audience. The women who read Vogue.
In Vogue, Geithner Strikes a Charming Pose | The New York Observer

Juvenal Delinquent wrote:

-$6 is a smackdown?

Go long hyperbole

Maybe you can work on your math? Or might you be the first of the 10th graders gaining early release?

High 1124
Low 1100
Daily Spread (irrelevant to you, I guess) 14.

Drop Speed $11 in 1 hour, an above average rate of price movement (also irrelevant?)

Gaps to fill at this time on a daily chart: None.

This is a sharp price movement in gold. But, he whadda I know. I watch this daily and have done so for the past 1500 trading sessions. Mehbe I'll learn me something, sumtyme.

Eric, how do the Italians see it?

:hushpuppyicon:

http://www.avidinvestments.com/inflation.jpg

• Yes, continue to hand out the green paper until inflation wipes out any value it may have? Burn the money rather than buy firewood with it?

not that this is a surprise to anyone on this forum.

Wealth Disparities in U.S. Approaching 1920s Levels -- Seeking Alpha

The 2011-2012 projected state budgets are addressing (mostly) the assumption that fedgov will not backstop education this go-around, so cuts will probably look like 10% of public ed workforce across the board (results may vary)...teachers will once again be migrant seasonal labor.

--bh

Little light lunchtime reading....

US super-rich get five times more income than in 1995  :
Information Clearing House -  ICH

poic wrote:

Sounds like you're talking more about 2 kids and a spouse there.

You're receding from a fair trade, not approaching one.

Dude, I was so, like, totally bummed, like at the DARE, um, show.
Dudes buds were like mexi schwag, dude.
Like the 3 S's, dude.
Seeds, stems and shake.
Yeah, dude.
See you at, the, like, pep rally, dude.
Yeah, dude.

Yeah, that is why the use of lab rats is way down...doctors just send pills to the Vogue readers with note, "Diet pill, recommended by Madonna (or add star here____)". Then 10 days later "field" assistants go and check the results. Lab rat public union is not exactly happy with this new development.

HomeGnome wrote:

See you at, the, like, pep rally, dude.

Is that what we're calling this market action lately...

The greatest lesson I learned in my senior year economics class was the extra credit stock market game. We were each given a virtual 100.00 to invest. I finished at 27 bucks. A kid who seemed rather unassuming finished with over 10 grand. His secret, his dad worked for a big broker.

poic wrote:

Slumdog, I want to take my current losses in srs and roll them over into another losing trades. Any recommendations?

Ever since the NC RE tycoon at Mish's said to go long in SRS, thereby seriously financially injuring so many there, I've watched it from a distance, though no interest on my part. It's a losing trade but for short term posturing when sentiment can be determined in advance.

It's not a buy and hold; that's for sure.

poic, I monitor only 3 markets, gold, silver, and the S&P via the DJIA. I've wished to do other things, but I don't because I know I don't know. In things I believe I know, I can hold my position. In things I don't know, I refuse to accept the insight or advice of anyone as that's merely a tout at a race track. I don't gamble. Oops. I did buy something for $3500 that's a loss of $2000, and I made one mistake on one lot of fabric and ate $50,000 for 7 years, finally capturing back net $30,000 of it after reworking it. I just don't accept risk very well.

Others are retired. I can't seem to be able to release the tar baby. I like what I do. And it's let's just say supporting what I consider idyllic living arrangements, though I'd like a parallel vacation life, to live in the beauty in which I reside, as well. Just won't til I'm triple set for life.

poic, every trade is a losing trade if one doesn't have a very high probability of the outcome known in advance. IMO, there is zero reason to gamble that way. Spend your money on a vacation, rather than place it at risk.

February 22, 2010

"Iceland has rejected a proposal for the terms of repaying $5.4 billion to Dutch and British investors after the collapse of Icelandic bank Landsbanki’s Icesave, DPA reported Feb. 22, citing RUV broadcasting. The rejected proposal reportedly included two years interest-free and a floating interest rate based on the euro interbank rate plus a 2.75 percent premium, RUV reported."

broward wrote:

What is now?

Given that this is the lowest level of market activity on the NYSE since the Christmas holidays, it appears that there's reason to 'buy and trade' either.

poic wrote:

I think I screwed up and did a hold,buy,hold in the middle instead and that's why my trade went bad.

So much for the customer's yachts...

poic wrote:

I think I screwed up and did a hold,buy,hold in the middle instead and that's why my trade went bad.

You must be Italian .

poic wrote:

buy,hold,sell,sell,hold,hold,buy,hold,sell,sell

I'm really cheap, so I'll stubbornly hold on to a losing trade instead of giving my broker the extra $10 to close it.

I blame it on my parents.

"I'm really cheap, so I'll stubbornly hold on to a losing trade instead of giving my broker the extra $10 to close it."

If it was SRS then looks like you're cheap and poor now.

[poic goes over and gives noob a hug and wipes away his tears]

noob goldberg wrote:

See you at, the, like, pep rally, dude

I think Obama's PPT will run into the same wall as the Bush PPT, but then again, Obama does seem more willing to print more money, but this is a matter of plasticity and seeing how far shit can be pushed. We have a with a Ferrari V12 Engine:

See and click>  

Maybe we need a Trial balloon - Wikipedia, the free encyclopedia

poic wrote:

I tried to follow slumdogs advice a few weeks ago. I received a piece of paper in the mail with the instructions: buy,hold,sell,sell,hold,hold,buy,hold,sell,sell

It's pretty enlightening to do an advanced search on google of the hoocoodanode.org domain.

There are many places to get good education and training about both trading and technical analysis on the internet, and many good books (and many bad ones) have been written about the topic as well.

That's funny broward, my dad and I had a similar conversation just the other day. He said he thought this whole economic crisis was because the new generations were getting too independent. Had to crash everything in order for the elders to get their self esteem back as all the kids came home to get in line for boot licking their way into the family money. My response was....what family money?

noob<

USA 5 Canada 3

---Feeling better?

broward wrote:

I'd like to but I'm afraid they'd cut my allowance.

I'm afraid they'll stop offering to watch my kids. You can't put a price on abandoning your children.

What's the preferred method of hari kari in Quebec, noob

How was customs leaving the Gulag Hockeypelago?

" noob<

USA 5 Canada 3

---Feeling better? "

I bet the US pulled a Patriot Act on us and threatened economic warfare or waterboarding all our IT folks if we didn't lose. Obama is a commie so I'm sure he would pull something like that. Plus it helps counter-balance all the negative economic news. I'm pretty sure it was all a plot hatched months ago.

County sales tax revenue takes tumble - Business First of Buffalo:

Juvenal Delinquent wrote:

How was customs leaving the Gulag Hockeypelago?

Perfect. Amazing actually.

I misread my departure time and thought I had an extra 20 minutes. So I left my house at 5:33, and had a good cabbie who got me to the airport in 15 minutes, even through rushhour traffic. I threw him some cash, got my boarding pass, went through security, and then through customs, and was sitting on the plane by 6:06. We pushed back 5 minutes later and I was airborne by 6:25.

On the way back I was the only person in line at Terminal A at Reagan, and was through in 2 minutes. It was actually the smoothest I've had in ages.

"We have a Wheres MY pony? with a Ferrari V12 Engine:"

Ironic that it is a 3 day job to change the oil in most of those?
There is a metaphor in that somewhere.

Ciao
MS

Ot?

ANALYSIS-Build America Bonds bring “a game-changing moment” | Business News

I wonder if the increased inventory in the bond world is reflected in the increase of the S&P 5oo P/E, which should impact currencies and gold ... what a loop, huh? Something tells me this not going to end well (again).

noob goldberg wrote:

Wandering through a rural French town, like Val-D'or, wearing Canadian flags whilst carrying a banner stating that Quebec sovereignty is for yellow-bellied surrender monkeys. All written in English.

You would be perfectly safe- they flunked their English tests, ya know;-} Now a sign sayign DeGaulle was a poofta- that they would get;-}

Someday this war's gonna end...

"Wandering through a rural French town, like Val-D'or, wearing Canadian flags whilst carrying a banner stating that Quebec sovereignty is for yellow-bellied surrender monkeys. All written in English."

Warning, warning! Do NOT attempt this test if you in any way look like an immigrant.

I expect unemployment to remain painfully high for years.

Welcome to the new jobless economy. Gee who's got the money to buy the offshored, outsourced corporate products & services ?

The rate should edge down from its current level to about 9¼ percent by the end of this year

Where are the new jobs coming from again or is this just move govt. make-work ? Which include free knock-on effects of healthcare costs and generous pension entitlements.

Can I get paid to 'state the bleeding obvious' and make pronouncements.

~splat

noob goldberg wrote:

What's the preferred method of hari kari in Quebec, noob

Wandering through a rural French town, like Val-D'or, wearing Canadian flags whilst carrying a banner stating that Quebec sovereignty is for yellow-bellied surrender monkeys. All written in English.

Post_of_the_day. LoL. Quelle bon chance that my surname has one of the accent thingies at the end. Best of both worlds.

Citizen AllenM wrote:

Now a sign sayign DeGaulle was a poofta- that they would get;-}

The most ironic thing about DeGaulle was that in the end.. even the French were sick of him.
~splat

poic wrote:

I tried to follow slumdogs advice a few weeks ago. I received a piece of paper in the mail with the instructions:

buy,hold,sell,sell,hold,hold,buy,hold,sell,sell

Hey man, I shorted the S&P one day and covered the next day, and posted so. The chart formation that was published online one day did not match the one published the next day. I left the trade and posted so immediately as I do not gamble unless I believe strongly in the outcome. So, the loss was commission and a few bucks.

Recently, I posted that it was smart to buy LT gold calls out of the money, when gold was in the 1070 range.

I arrived here long gold and long silver, unleveraged, and for about 80% of this crowd, retireable amounts. I''ve done nothing with that backstop. I'll return those metals when the time is ripe, around $2000/5000 in gold, and $50/100 in silver. Right now, they're foundational backstops.

I seek tradable positions in gold/silver/S&P via the DJIA. If brokers made a living on my trades, it would be great as they'd all have starved to death by now.

Gold will double. That's kewl. The calls will do well. But otherwise, there's nothing to do but wait and for many here, burn the pile of capital against lifestyle.

Slumdog wrote:

Gold will double. That's kewl. The calls will do well. But otherwise, there's nothing to do but wait and for many here, burn the pile of capital against lifestyle.

Gold has doubled. And doubled again. Start date, start price. End date, end price.

Personally I can get all on board for a doubling. Unfortunately it is an early 2011 $780 to a 2012 $1560. I don't think that's what you mean.