mojo's Account Talk

[budnipper1]

Warren and other big names are not going to criticize anything Obama or his administration propose at the moment. See how Crist and Arnold talked today.

I didn't watch Meet the Press today, but I read about Crist's comments in the article linked below. As far as "Arnold" is concerned, I'm not really interested in hearing his opinion. He should have stuck with making science fiction movies and ingesting special "vitamins".

http://www2.tbo.com/content/2009/feb/22/221321/crist-vs-jindal-over-stimulus-neither-side-backs-d/

 

[hessian]

I can't find any information on delisting a stock in the DOW. It would be like restacking the deck.

Thanks for the great, quick responses everyone!
FYI, I posed this question in the "Ask Tom" thread, NNuut confirmed their and Tom had some insights (in case interested).

Together, I think I got the general/overall picture.
I don't like it, seems manipulated, but perhaps not a huge issue (someone replied it maybe carried the Dow, but mentioned perhaps only a hunderd points, or so [I'll add - as yet].
VR All!!

 

[mojo]

"Citigroup Inc. is in talks with federal officials that could result in the U.S. government substantially expanding its ownership of the struggling bank, according to people familiar with the situation.
While the discussions could fall apart, the government could wind up holding as much as 40% of Citigroup's common stock. Bank executives hope the stake will be closer to 25%, these people said.
Any such move would give federal officials far greater influence over one of the world's largest financial institutions. Citigroup has proposed the plan to its regulators. The Obama administration hasn't indicated if it supports the plan, according to people with knowledge of the talks."


http://online.wsj.com/article/SB123535148618845005.html

 

[mojo]

This story just makes me sick. We're over there begging a communist country to by our debt. It really makes me sick.



Clinton Urges China to Keep Buying U.S. Treasury Securities

Feb. 22 (Bloomberg) -- Secretary of State Hillary Clinton urged China to continue buying U.S. Treasury bonds to help finance President Barack Obama’s stimulus plan, saying “we are truly going to rise or fall together.”
“Our economies are so intertwined,” Clinton said in an interview today in Beijing with Shanghai-based Dragon Television. “It would not be in China’s interest” if the U.S. were unable to finance deficit spending to stimulate its stalled economy.




http://www.bloomberg.com/apps/news?pid=20601009&sid=apSqGtcNsqSY&refer=bonds

 

[350zCommTech]

"Citigroup Inc. is in talks with federal officials that could result in the U.S. government substantially expanding its ownership of the struggling bank, according to people familiar with the situation.
While the discussions could fall apart, the government could wind up holding as much as 40% of Citigroup's common stock. Bank executives hope the stake will be closer to 25%, these people said.
Any such move would give federal officials far greater influence over one of the world's largest financial institutions. Citigroup has proposed the plan to its regulators. The Obama administration hasn't indicated if it supports the plan, according to people with knowledge of the talks."


http://online.wsj.com/article/SB123535148618845005.html

BIG RALLY TOMORROW!!!!


It will last until all the banks that are in trouble ask to do the same thing.

 

[mojo]

ROCHESTER, N.Y. — Americans named President Obama as their No. 1 hero, followed by Jesus Christ and Martin Luther King, in a new Harris poll.


http://newsbusters.org/blogs/michael-m-bates/2009/02/20/harris-hero-poll-obama-first-jesus-second

 

[mojo]

G7 sets sights on new world economic order

http://article.wn.com/view/2009/02/15/G7_sets_sights_on_new_world_economic_order/

 

[mojo]

EU Calls For 'New World Governance'

http://www.youtube.com/watch?v=a7D21rPpBrk

 

[Silverbird]

Surreeee EU, you guys don't even agreen on a unified approach within the EU.... Let's see what you do for the old Eastern block member countries that are in trouble, first. And there's little context, and lots of cuts in that YouTube. It's a nice Kabuki Dance with big swords swinging, but there's a reason why someone who is all noise, and no context isn't taken seriously and is known these days as a "poser".

I see some grandstand posing here. Quick get the cameras. I have a new sound bite that'll make me look heroic without me having to do anything, and make the U.S. do something or look bad. YAWN.

 

[Show-me]

Thanks for the great, quick responses everyone!
FYI, I posed this question in the "Ask Tom" thread, NNuut confirmed their and Tom had some insights (in case interested).

Together, I think I got the general/overall picture.
I don't like it, seems manipulated, but perhaps not a huge issue (someone replied it maybe carried the Dow, but mentioned perhaps only a hunderd points, or so [I'll add - as yet].
VR All!!

Reuters
Is it time to make over the Dow Jones stock index?
Monday February 23, 11:23 am ET
By Deepa Seetharaman NEW YORK (Reuters) - There was a time when a tumble below $10 in the share price of a company in the Dow Jones industrial average (DJI:^DJI - News) meant ignominy.


http://biz.yahoo.com/rb/090223/business_us_usa_stocks_dowcomponents.html

 

[mojo]

Surreeee EU, you guys don't even agreen on a unified approach within the EU.... Let's see what you do for the old Eastern block member countries that are in trouble, first. And there's little context, and lots of cuts in that YouTube. It's a nice Kabuki Dance with big swords swinging, but there's a reason why someone who is all noise, and no context isn't taken seriously and is known these days as a "poser".

I see some grandstand posing here. Quick get the cameras. I have a new sound bite that'll make me look heroic without me having to do anything, and make the U.S. do something or look bad. YAWN.

I agree they are grandstanding. Kind of like CSPAN after hours at times.

There are obvious obstacles to global governance but that has never stopped some humans from striving for it. It is obvious to me that that is what is occuring. That doesn't mean anyone has all the logistics worked out and it will occur in an orderly fashion. Seems to me that chaos and crisis is the greatest medium for large changes such as this. Like when Rahm says "never let a good crisis go to waste" . He clearly states that crisis is an opportunity for government to implement programs and changes they couldn't without the crisis. That is exactly what is going on right now.

http://www.youtube.com/watch?v=_mzcbXi1Tkk

It took the bankers quite awhile to gain control of the US money supply but in the end they persevered and achieved it.

http://www.youtube.com/watch?v=BPU8w7Bxc0A&feature=related
"Banking reform, down with Wallstreet" Does this sound familiar? 7:17 into video. We are using the exact same lines from 1913 today. Some things never change.

http://www.youtube.com/watch?v=h9-tBGxVU6o&feature=related
Does this look familiar? I don't believe that 9/11 was an inside job but there are some familiar themes in the video.

http://www.youtube.com/watch?v=C4cqSXtj9ak&feature=related

I can go on and on with examples, are they straw men? I don't think so.

 

[mojo]

http://www.youtube.com/watch?v=wTwr7CLT5aU&feature=related

 

[mojo]

Gold: an investment you hope won't pay off

http://www.reuters.com/article/ousiv/idUSTRE51N0RW20090224

 

[mojo]

Very good article!


http://www.gold-eagle.com/editorials_08/orlandini022209.html

DAILY REPORT (02/22/09)

"If you ever wanted to live in a period that you "can tell your grandchildren about", you've got your wish. We have embarked on the financial equivalent of the Ice Age and when it's all said and done, there won't be a dinosaur left. Just about everybody I know, including a large majority of my clients, have been in denial. Furthermore, almost no one is prepared for the monetary tempest that is hitting the mainland as I type. To be perfectly honest about it, I don't know if it's possible to prepare yourself for what's happening now; it's not like you can go to your local library and check out a handbook on financial collapse. Many people are under the impression that we are in for a severe recession, whereas I believe we are already knee deep in the worst depression to hit in the last one hundred years. No one will escape unscathed. There is a faction in Washington DC that thinks they can somehow alter the course of events, but they are sadly mistaken. The bear market that is gripping the world has been manipulated for years and it is about to take its pound of flesh."

 

[momacs]

Mojo, are you still keeping up with Enterprise Corruption and R?

 

[mojo]

Mojo, are you still keeping up with Enterprise Corruption and R?

Yes I go check on that MB pretty often. They have people following the news pretty close so I find some interesting political and economic news stories there. Every once in awhile I log on to the chat just to see if there is any interesting talk.

http://www.wiredpirate.com/forum/

http://widget.mibbit.com/?settings=...rc.rizon.net&channel=#rchat&noServerTab=false

 

[momacs]

I was in the chat last night. R was there and said that the dow would go down to 3000 within 2 months.

 

[mojo]

I hadn't heard that.

If you look at the drop in the market from the 9th until yesterday it was pretty dramatic.

I am still intrigued by the story. I haven't had time to really keep up with it though. I would like to start a thread in the lounge here and maybe post stuff there I just haven't made the time yet.

If you hear anything else interesting I'd like to know.

 

[alevin]

Very good article!


http://www.gold-eagle.com/editorials_08/orlandini022209.html

DAILY REPORT (02/22/09)

"If you ever wanted to live in a period that you "can tell your grandchildren about", you've got your wish. We have embarked on the financial equivalent of the Ice Age and when it's all said and done, there won't be a dinosaur left. Just about everybody I know, including a large majority of my clients, have been in denial. Furthermore, almost no one is prepared for the monetary tempest that is hitting the mainland as I type. To be perfectly honest about it, I don't know if it's possible to prepare yourself for what's happening now; it's not like you can go to your local library and check out a handbook on financial collapse. Many people are under the impression that we are in for a severe recession, whereas I believe we are already knee deep in the worst depression to hit in the last one hundred years. No one will escape unscathed. There is a faction in Washington DC that thinks they can somehow alter the course of events, but they are sadly mistaken. The bear market that is gripping the world has been manipulated for years and it is about to take its pound of flesh."

very good post, mojo. thumbs up, I wish it were otherwise. I've read other gold-eagle posts, but don't keep up regularly. Neither do I have any gold. been contemplating commodity stocks tho, as well as getting the serious garden started this year, bumping up in scale from my normal 3 tomato plants and 2 pepper plants and the sad little bolting lettuces I tried last year for the first time. chickens been thinking about, haven't quite committed mentally to that one. Got to rid the neighborhood of a psycho rental neighbor first. Long sad story that. You know that TV Show 48-hours? Well, we're operating under those kind of timeframes in the neighborhood at the moment. Not sure how the story is going to end. Someone may end up dead, even tho the cops have been called in twice already and mental health was called in today for home visit as well. Not concentrating too well on the market right now. It's always something, isn't it?

 

[momacs]

He was there again tonight, now he thinks 2800. And something is going to happen to trigger it, the way I understand, the 26th of Feb.