Tuesday, 10 November 2009
Monday, 9 November 2009
From
Theo Spark
at
17:10
0
comments
Parade of monsters.............from Rico
In our once free and prosperous country we now have a circus parade of monsters: cunning human beings with oversized egos, with ambitions out of proportion to their ablity, whose ideas are self-serving. They do not possess skills or mental acuity, and have pushed-aside anyone with good sense from our public affairs. Instead of being right about anything, they are always wrong. They are weak, and being weak hate and fear the strong. There is nothing 'new' about them (Marx and Thucydides would recognize them), although they fancy themselves 'original' in all things.
From
Theo Spark
at
15:58
1 comments
Macro-view OIL..............from Rico
I thought this chart to be a good macro-view of what OIL will be doing in our future.
It is possibly also a template for other commodities. I tend to agree with Jim Rogers that:
- There is another severe equities "crash" looming.
- Commodities and cash are the place to be.
While nothing will be cheaper in future, and taxes WILL be going up...so will the price of OIL.
Muni's and Treasuries? Many cities and states are in worse condition than the Federal gooberment. I wouldn't have a penny placed in them (even the post-1984 pennies that are made of zinc and copper-washed to 'look' like real copper pennies from pre-1984 and are worth multiples of their face value based on their copper content and the copper spot price).
What was that old movie line? Something about fastening your seatbelts because we're in for a bumpy ride.
From
WellyWanger
at
08:42
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Maxine on Universal Health Care !!
While discussing the upcoming Universal Health Care Program with my sister-in-law the other day, I think we have found the solution. I am sure you have heard the ideas that if you're a senior you need to suck it up and give up the idea that you need any health care. A new hip? Unheard of. We simply can't afford to take care of you anymore. You don't need any medications for your high blood pressure, diabetes, heart problems, etc. Let's take care of the young people. After all, they will be ruling the world very soon.
So here is the solution. When you turn 70, you get a gun and 3 bullets. You are allowed to shoot one senator and 2 representatives.
Of course, you will be sent to prison where you will get 3 meals a day, a roof over your head and all the health care you need! New teeth, great! Need glasses, no problem! New hip, knee, kidney, lung, heart? Well, bring it on. And who will be paying for all of this? The same government that just told you that you are too old for health care. And, since you are a prisoner, you don't have to pay any income tax.
H/T Shelly
From
Theo Spark
at
08:42
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From
WellyWanger
at
08:20
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Green..................from Rico
With unemployment UP, incomes DOWN, industrial production DROPPING, credit CONTRACTING
.....where exactly are the "green shoots" of recovery coming from I wonder?
Promises and prettily printed paper do not offer much real substance. Sure, the Fed is printing money as fast as it can, and Congress is spending money as fast as it can...but this is all money we do not have, must borrow, and pay interest on.
With their usual inaccuracy, perhaps the lapdog MSM either:
a. Rewrote reality to curry continued favor with Dear Comrade Reader, or
b. Just got it wrong (shocka, huh?) and instead of saying "green shits" said "green shoots" instead.
- Both are equally plausible.
Meanwhile, people are running away from the dollar.
- One year ago on Friday 06 Nov 2008 the NYMEX gold spot price was $731.20 an ounce. THIS Friday 06 Nov 2009 the NYMEX gold spot price closed at $1,096.60. The dollar has moved inversely to this, and US Treasury instruments sure cannot claim this kind of return nor can the equities markets.



From
WellyWanger
at
08:14
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News........
USS New York Commissioning Ceremony
The cold hard lessons to be taken from fort hood: 1.)we cannot trust muslims in the military service, and 2.)unarmed soldiers are unarmed soldiers.
A Twice-Told Tale
The (not-too) private life of Corporal Hodge
GPs told not to prescribe antibiotics for coughs and colds
President Barack Obama to announce extra 34,000 troops for Afghanistan before end of November
Palestinians consider abandoning peace process
Chaos as Air Zimbabwe flight crashes into bush pig
Hugo Chavez tells Venezuela's military to prepare for possible conflict with Colombia
Allied forces ‘may abandon most of northern Helmand’
Libel threat to force US papers out of Britain
Fort Hood Massacre, Unemployment, 700 Million Potential Immigrants—A Busy Week For Diversity
From
Theo Spark
at
08:12
2
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From
WellyWanger
at
07:34
0
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