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Financial fuckery thread

Started by Cain, March 12, 2009, 09:14:45 AM

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Cain

Economics clearly isn't your strong suit.  The UK plan is nuts, as the only thing it definitely does, in the long run, is shrink the UK economy.  Cutting spending has shrunk the tax base, the number of people in work and the economic-social stability the UK depends upon to attract foreign investors. 

And what a surprise!  Unemployment continues to grow, the economy continues to shrink.  Our Triple A rating from Standard and Poors wont matter for crap if we turn out like the next Greece.

And you know the one thing the Chancellor and his cronies have absolutely refused to do?  Reform the banking sector in any way, or shift the tax burden onto top earners.  Taxes were recently cut for those earning over £150,000 a year.  Goldman Sachs has been allowed to pay no interest on unpaid taxes for over a decade.  One of our government's chief economic advisors is himself a tax-dodger, with over £200 million in his wife's name in a tax haven, and a major funder of the Tories has not paid any tax at all in the last decade.

Our economic plans have also succeeded at opening the door for the privatisation of the education and health system, something a vast majority of voters are opposed to.

Trust me, the USA is bad.  At a lot of things, including economic policy.  But the US economy is growing, and US unemployment is decreasing.  Neither of those things has happened in the UK for a very long time.  Neither of those things seems to be happening in any state that embraced austerity measures, except Germany, which also did a number of things very differently to other states and centred its policy around maintaining employment levels.

Cain

Or, to put it another way: just because the British government are doing precisely the opposite of the Obama government, it doesn't mean it is any less stupid.  Reversed stupidity is not intelligence.

Freeky


inode_buddha

True, dat. Logic fail on my part. I'm not at all familiar with the UK, my main sources are BBC and The Register.

I still maintain that the US figures are BS not to be trusted at all. For the same reason that the US employment figures are BS. Don't be fooled by what the gov't measures and reports on. The "growth" is illusory.The official figures are only a small and selective subset of what is really happening.
C|N>K

hirley0

#964
11:20pdT  ?  Read 23574 times  + 6

http://www.unwomen.org/2010/09/un-women-staff-welcomes-michelle-bachelet/
http://melaniezoltan.suite101.com/biography-of-michelle-bachelet-a349569
http://www.un.org/News/Press/docs/2010/sga1262.doc.htm
http://en.wikipedia.org/wiki/Michelle_Bachelet
http://ipsnews.net/news.asp?idnews=52834

http://www.ticotimes.net/ 4/20
"My government has had to deal with problems whose solutions were neglected for many years," Chinchilla
Look the solution is very simple. Not only legalize prositution | make it mandatory.


http://www.buenosairesherald.com/



10:40 - purple ? 12 IMIX ? Read 23568  {seams like A Lot
AnyWay years ago i did play the risk board game? 7 my guess is the withdrawel
of the Mexicans across the Boarder back to Mexico, has profound implications
about upcomming news stories | Not in Mexico | { well never mind
- - -
Again /-/ow to get 3 gals in the same (Um}Pool at the same time ?/?/?
is beyound my current compreHenShion. E-Mail was my 1st guess :
that got no where, (in the computer age}: Carrier Pigeon { i doubt it
? ? ?
Maybe cinco de mayo | 2012 ? (Humm.. | worth a shot | back to the
papers | Maybe a front Page | Add ?/?

hirley0

#965
Read 23588 times +8 My reading of the gold chart
suggests to me FLAT 16-17 UNtill 3rd 1/4 then be in SA RE:'s TBC at +20?

(Read 23580 times)+6 10:49:45 AM / 10:52:08 AM  / (BWUW)
Believe Whatever yoU Want at 10:54:31.AM

REMember she May be the heavy weight | she is not the Majority Here |
the EU " a common currency " is A wrong headed approach | exchange RATES:
CHILLI  PESO | Legal tender in Argentina. | $ v ¢ | (Comprenda'?}?/?

The group announced their intention to model the new community after the European Union including a common currency, parliament, and passport.

Don Coyote

Quote from: inode_buddha on April 26, 2012, 05:41:13 PM
True, dat. Logic fail on my part. I'm not at all familiar with the UK, my main sources are BBC and The Register.

I still maintain that the US figures are BS not to be trusted at all. For the same reason that the US employment figures are BS. Don't be fooled by what the gov't measures and reports on. The "growth" is illusory.The official figures are only a small and selective subset of what is really happening.

The way I see with my limited understanding of this large and complex problem, is that even if certain figures are just noise and padding, jobs being created, or even job-loss just slowing down dramatically, is a measure of growth that means something. And it means something more tangible that gross domestic product, something that directly affects the working class. More importantly if the working class feel that the job market is doing better, then it probably is, and they will probably be reminded that Obama DIDN'T go AUSTERITY NAO, and that in places that went AUSTERITY NAO are doing WORSE much WORSE that the US.

Besides not spending cash, and cutting costs in one of the largest employers in the US would have really fucked things up. Public services would be falling apart faster and there would be MORE jobless people.

hirley0

#967
moving along to the blueGREEN waters in Japan TBC
13:55 pdT beWare errors exist Wait till NoOn Sun?
ay at 12:41:09.PM pdT-1/-/r
http://www.unwomen.org/
http://www.unwomen.org/2012/04/building-future-leaders-and-decision-makers-in-the-ict-sector/
http://www.unwomen.org/2012/04/espanol-la-directora-ejecutiva-de-onu-mujeres-visita-argentina/
Posted on April 26 2012

On
the first
day of her
mission to Argentina on 2
5 April, UN Women Executive D
irector Michelle Bachelet, met P
resident Cristina Fernandez de Kirchner
and Foreign Minister Hector Timerman in Casa Rosada,
23670+16 U? did not?/? include Chinchilla_Adelante Costa Rica

Moving on at 11:59:43 AM  to the $500 gold/silver ? CoIn
http://www.stockhouse.com/Columnists/2010/March/23/Argentina-s-gold-mining-boom--A-lustrous-trend
the earily implication may be that the 1K (kilo Coin may be % Pure Peru & % ARG)
Minted in the Economic depressed area of S.A, / Not to include Brazil | on their own
ei Not a part of the S.A. Legal tender swap group My Coin Your Coin ? Me Peso Su Peso



Top 20 Silver Producing Countries in 2011 the ? ARG $5 Coin ? 5g/Ag
http://www.silverinstitute.org/site/supply-demand/silver-production/
Read 23666+12 times NoOn posit
.BAC2 THE CAN DATE d'Bait
1 AKBAL{darkness ? Sat ? 4/28
the current objective is to update the charts to reflect reality
NOt current economic thinking| one Planet houses all {not true?
-
begin with the ARG/CLP EXCHANGE RATE
NEXT LOOK AT CLP/ARG | NOW THINK SPREAD
the Agentine CLP_Ask/Bid
the Chilean  ARG_Ask/Bid
THE bid ask spread to be used in both countries to maintain the
fixed ratio between the two initial coins Copper/Silver at 1/100
for a short interval of time (week Month Year}? GET IT STARTED?
by making it legal: the details will work themselves out very soon
-
once the size of the coins are MINTED copper_CLP v silver_ARG
assume $1/g Silver & 380/453.6 1¢/g copper Assume A 5 g Peso ?

thus ARG? $5 /coin & CLP 5¢ /Coin these coins could then combine
in the ARG+100CLP V BRZ in an assumption _- that short term
price stability can be achieved & that stair step S.A. economic
charts will develop in time with the introduction of SPREAD
price CONTROLS implemented in each joined state that does allow
the another state to mint a fraction of its coinage. the Econ
problems aRe solvable in S.A. With sum cross border understandings
I refer to as On Paper / in Fact / & most importantly in the flesh 

http://www.metalprices.com/pubcharts/






23654+18 13 COINS THIS is not A EU {one  size fits all plan
the main concept is each nation mints a coin or 2 or 3
for example Chili Mints A Peso & Argentina mints one too.
next Argentina makes the Chilean coin legal tender in Argentina
at 1/100 ARG | Next once the TWO of them have an agreement
on paper/ in practice / & in the flesh Next think Costa Rica ?
Next think 2 coins | say nickle & a metal of choice | the CR units
include those as legal tender both in Chili & Argentina. Once
the plan is put into effect the problems will eventually resolve
themselves, As the users establish exchange rates by usage?
Yes the Rates are going to change | Nickles will be heaver than
dimes for example & the ARG/CHP MAY VARY?/?  to stabalize
the 100:1 ratio over a brief time period say 30days the BUY/sell
spread will be altered with the transaction (spread) fee going
to the Mint state. thus there will be gaps ? Jumps over night
from period to period in the exchange value of every one of
the 13 coin units: But there will be a system in place to retain
a fixed rate of each coin Minted by each sovern state. It will
not take very long for the South American people to come to
the conclusion of which coins to use which t hold in reserve
and which to convert. going on anyway sum thoughts about
coins thmselves {other than the Mayan calendars  thought
ARE silver/oxide battery coins | Lithium battery coins | in plastic?
bimetalic ones with a threaded hole in the center for use as
thermal couples | magnetic dipoles | Use sum imagination Girls ? buttons
Read 23636 times)+28 vale  :fnord:
READ 23608+20 - 23613 +5
http://www.mining.com/2012/04/09/us8-4-billion-rare-earth-deposit-discovered-in-brazil/
Sul Americana Metais (SAM),
Giant Brazilian miner Vale (NYSE: VALE)

Quote from: hirley0 on April 23, 2012, 11:14:39 PM
where in South America are the RARE EARTH deposits
WHEN will the news appear ?
THIS1 v THAT4

^ READ UP ^

hirley0

#968
v READ DOWN v  Read 23690 times +20 2 KAN

23:02 2012  04/28 pdT for limegreen post around midnight board time
-
Nice try} that is my guess {But i'poise the Argentine people are in no mood 4UN
= =
Here is my plan For what its worth| it is U who must be accessable NOT SHE:
THAT MEANS 1. YOU MUST HAVE A CALENDAR  of events that is accessable to me
: : :
what that basically says is ACcessable to ALL. the Prior to 5/5 let it be know
where you will be. the test is eventually to take the plung into the radio
active waters of the FUCUSHIMA desaster { probably late summer is best.
? ? ? ?
it does not seam reasonable to try to go it alone, & i do poise .K. will
be very difficult to convince to even give a second glance much less spend
a weekend soaking up cs whatever the number. i will do my best | 0 | and
try to say chinchilla several times at night prior to turning of the set.
/tilt\
the reason for thinking about CS {YES i will look up the number & Link
rather than gold silver copper & afew others to numerous to mention (13}
is because the knowledge about the spread | probably North | & distance
i mean concentrations at that distance Maybe 41 Miles North? Listen
~bt~
there are to many variables/unkowns at this time 2: Now that SHE KNOWS
she eithor goes or she don't. it seams rather clear. My guess is yes
knowing the details of the plung is required | & should be easy to find
once the schedule of events can be found. 5/5 is comming | IT IS NOT HERE {yet
.BB.
by by baby?  yeah HA is right i guess{ what to do what to do | Map it #1
| find the hot spot #2 | try at least 3 times to convince them to take the
time to take the plunge? for the good of all, not in the National interest
A BREAK in the complexities of office will do them BOTH good | & Teach CS2

http://en.wikipedia.org/wiki/Caesium
http://en.wikipedia.org/wiki/Caesium-137
http://en.wikipedia.org/wiki/Radiation_effects_from_Fukushima_Daiichi_nuclear_disaster
http://en.wikipedia.org/wiki/Radiation_effects_from_Fukushima_I_nuclear_accidents
http://www.asrltd.com/japan/plume.php {the impact map May suggest Midway may be OK2
http://www.asrltd.com/japan/img/Tepco_Measurement_2.gif


think about it & be sure .
Read 23709 time+19 7AM pdT tick Do NOT consider this T to be
that of a Friendly Followe
i AM not i have already Gone to the sites
Those aRe just more inforced stupidity in place
places that don't work. My guess is i will move on to MONEY . .

(Read 23742 times) +33&1/3 Maybe mONeY :fnord:

hirley0

#969
:fnord: Monday |iguess any news is good news | F1
http://topics.bloomberg.com/cristina-fernandez-de-kirchner/  ? :fnord: YES I Guess"
-----------

5/7 Cc4U ?
To comment, write a letter to the editor to letters@ticotimes.net.
Please make sure to include your full name and location.
Let hers must be 500 words or fewer. Submissions should be or

=
      http://www.presstv.ir/detail/239673.html


__ Read 24003 times ? My new 1 new post per day limit { probably in effect
              <Read 25591 times
Tue ? Fast car it is: Thus FEE-Mail THE CHinCHilla to set up
a 1/4 mile drag race on her soil. Stock car? off the lot? yours v hers
stagered start in effect, such that if you choose a very fast 5 sec 1/4
and she chose a 1908 classic {used car option) 25 second / 1/4
the computed delay for the dead heat finish would be know in
advance. the stagard start | once the race is over both cars to
be auctioned ofF on site. high bid 1st round has choice OR both
at the bid price each. if only 1 then a second bidding round

once the maiden is over, the next race (as a team} can be scheduled
in CHilli ? not necessarily in the capitol?/? but at for example indi
, datonna, etc class tract in Chilli / Against their top brands ?/?/?
& again the Gals {duo} cars to be auctioned at the track after race
_don't forget to put an envelope in the glove box with a thank U note & hair_?

12 IX SO IT GOES?  i did try to read the link. But there is
so much online interference,  it was impossible. (i call Saint Vitus dance} + U
need a pug in. /-/A . No. What i want is a schedule of events?/? today Wed?
this side of the date line, it will be 9-11 on the second story terminal?/?/?
So maybe i can read all of the B bs. But really i have no interest in Police
State Activity other than Ni report on NYPD car shadow movements East
of StOTT | not 4th coming naturally | oh well | ED | now where was i | oh Y
ea/-/. |HaHaHa | Cinco de May Has past | there were no real Quakes to
speak of, i really do not understand this actuallyHow can this
be? Where are the onliners at this time? Moving along anyway?/?
i sure do see A Hi probability of continued drops in Au. way down DEEP
as the Austerity planners Dump gold and force a Global 1. not that THAT
maters here or in Grease but DOWN by inTENT. S.A. Will have to do some
Fast Moves not to get caught in the Norths Bid to Dump the Metals
i the mean time More bad weather in the Low Lands LikeLy
With the SF Quakes on hold for some time | No chance of A Win Fall ?
as Far as Ca in general it looks like a very good crop year = drop in
grape prices too. the defence $ will most likely remainin & around the
Meditranian to prevent is drying up in September | & same Songs for
Yellow, & S. China 2.  MORE of the same | Beach weather ( W&E ) ?
break out you Hawaiian threads. & get on with Sun bathing 2012 ::
13 MEN ? 5/10 Read 24142 +140-1/2 days

Disco Pickle

http://www.huffingtonpost.com/david-einhorn/fed-interest-rates_b_1472509.html

David Einhorn writes one of the best articles I've ever read on HuffP.

I'd quote some of it here but reading it ate up my break and I'm swamped.

"Events in the past may be roughly divided into those which probably never happened and those which do not matter." --William Ralph Inge

"sometimes someone confesses a sin in order to take credit for it." -- John Von Neumann

Cain

"One of the best articles on HuffPo" is not exactly high praise. 

Disco Pickle

 :lol:

Noted.  I was actually a little surprised to find something there I thought was worth sharing.

I've usually liked Einhorn though, no matter where or when he writes on financials.
"Events in the past may be roughly divided into those which probably never happened and those which do not matter." --William Ralph Inge

"sometimes someone confesses a sin in order to take credit for it." -- John Von Neumann

Cain

Meanwhile, shares in Athens crashed as the news that anti-EU rightists/far left-green coalitions emerged as the big winners of the Greek elections.

There are so many anti-EU and austerity parties in Parliament there right now, if they didn't hate each other almost as much as they did the EU, they could form a coalition.  Problem is, SYZRIA and Golden Dawn, in the same room...well, that's a recipe for a bloodbath.  Nevertheless, looks like SYZRIA are going to be the real power brokers in any functioning government, the latter not being a given with the way the vote breakdown went.

Juana

I suppose this means there's going to be even more squabbling?
"I dispose of obsolete meat machines.  Not because I hate them (I do) and not because they deserve it (they do), but because they are in the way and those older ones don't meet emissions codes.  They emit too much.  You don't like them and I don't like them, so spare me the hysteria."