350zCommtech's Account Talk

Test for Youtube.


LOL...this is awesome....whew....I finally stopped laughing.

On a serious note....if we stopped printing and spending 15 billion a month on this war, that pumps virtually nothing into the us economy.....just maybe, we wouldn't see the dollar doing the swan dive.

Lets do some monkey math...we borrow 15 billion a month from the Chinese, to pay 300K a year to a oil company subsidary contractor to have a mercenary do what a soldier will do for 50K, which includes in his duties "giving duffel bags full of dinars to Sheiks in the al anbar province" but not to sieze control and proctect crude resources, while crude prices steadily climbs to record highs and were blaming Ben for the declining dollar?
 
Lets do some monkey math...we borrow 15 billion a month from the Chinese, to pay 300K a year to a oil company subsidary contractor to have a mercenary do what a soldier will do for 50K, which includes in his duties "giving duffel bags full of dinars to Sheiks in the al anbar province" but not to sieze control and proctect crude resources, while crude prices steadily climbs to record highs and were blaming Ben for the declining dollar?

Did you see Greenspan on 60 minutes? He said the reason why we're in Iraq is because of oil. Now, that's not news to me but, the majority of the public believes Bush.

Bush appointed Bernanke and Hank Paulson because he was told to. There are a lot of people to blame but Bernanke should have done just a .25% cut. He didn't have to go above and beyond. The reason why he did a .50% cut on Tuesday was the same reason why he cut the discount rate last month, Friday morning, prior to OPEX. Bernanke is one of the many Wall Street/big corporation whores in our country.
 
I cannot vote for Ron because he wants AIR TRAFFIC CONTROL contracted out . That's a game stopper for me though I do like the videos on you tube with Ben.
I'm a Acts and ill never receive a raise for the rest of my career(6 yr)no cost living to base) , that means I will Vote for whatever democrat is avail to me on Nov 08.I know that will **** off some Republicans I don't care , they took money out of my pocket , limit raises is one thing never get a cost of living raise so that inflation does not screw you is another . Please think before you vote , this will happen to all fed employees eventually if the Republicans stay in office.
I'm a republican , just not the type that is in office at this time , good luck


http://www.youtube.com/watch?v=_8pLpI5rzKI&mode=related&search=
 
Last edited:
Did you see Greenspan on 60 minutes? He said the reason why we're in Iraq is because of oil. Now, that's not news to me but, the majority of the public believes Bush.

Bush appointed Bernanke and Hank Paulson because he was told to. There are a lot of people to blame but Bernanke should have done just a .25% cut. He didn't have to go above and beyond. The reason why he did a .50% cut on Tuesday was the same reason why he cut the discount rate last month, Friday morning, prior to OPEX. Bernanke is one of the many Wall Street/big corporation whores in our country.

And he doesn't like anyone shorting the market. That's twice he burned anyone trying to short the market.:suspicious:
 
LOL! These guys have balls....:laugh:
Taiwan's central bank sets benchmark at 3.25%, up 12.5bp


By Chris Oliver
Last Update: 4:32 AM ET Sep 20, 2007

HONG KONG (MarketWatch) - Taiwan's central bank lifted interest rates by 0.125-percentage point Thursday, marking the 13th consecutive quarter rates have risen, according to media reports. The rate hike will take the benchmark discount rate to 3.25%, the secured the secured loans rate to 3.625%, and the unsecured loans rate to 5.5%, Dow Jones Newswires reported, citing a central bank policy board member it did not name. The central bank is due to disclose it policy decision officially at a press conference due later Thursday, the report said.
http://www.marketwatch.com/news/sto...x?guid={F432AD70-FE6E-4917-80DE-5A6776D395F1}
 
Did you see Greenspan on 60 minutes? He said the reason why we're in Iraq is because of oil. Now, that's not news to me but, the majority of the public believes Bush.

Did you see this map? I think it explains it very clearly. (I stole the map from a Digg article earlier this month.)

The size of the country reflects the amount of oil they produce. The intensity of the color reflects how much oil they consume.
oilmap.jpg
 
A gain of 12 cents for the I fund today.

MSCI EAFE = .001%

Total gain of 13 cents for the I fund.

Looks like the Yen carry trade is back on...Since the Nikkei is lagging, it makes the I fund a good choice for next week. If I see some profit taking on Monday or Tuesday, I'm back in. But with my luck lately, it'll probably be a start of a big sell-off.:rolleyes:

View attachment 2161
 
Did you see Greenspan on 60 minutes? He said the reason why we're in Iraq is because of oil. Now, that's not news to me but, the majority of the public believes Bush.

Bush appointed Bernanke and Hank Paulson because he was told to. There are a lot of people to blame but Bernanke should have done just a .25% cut. He didn't have to go above and beyond. The reason why he did a .50% cut on Tuesday was the same reason why he cut the discount rate last month, Friday morning, prior to OPEX. Bernanke is one of the many Wall Street/big corporation whores in our country.

Bernake did cater to wall street with that move, but consider how many companies in the US were looking for direction from the fed before making critical decisions. US companies are not going to make signficiant and costly infrastructure upgrades, implement new R&D programs, retool assembly lines, expand administrative operations, etc..... if they see a recession coming. The move was geared to keep all those business decisions moving. If you worked in engineering and design following September 11th, 2001 it was a nightmare - overnight virtually all corporate expansion projects evaporated, that quickly reversed itself in the months to come, but there were a couple of weeks there were it got real scary. Point is, the idea of a recession can become a self fulfilling prophecy - Ben closed that door and opened a window.
 
Back
Top