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We see it every day...it's all about control. Look at Russia right now..The oil companies and the Mideast producers are no different....they will do anything to derail the huge mobilization of alternatives...however, the cat's out of the bag and it's going to be impossible to put back in..By 2030, this country is going to be at least 50% alternative...I hope for Gore's plan to be adopted in some form, and for this country to get it's groove back :D:D and shed our cursed addicition to imported oil...It's about time we did the right thing for this planet and orselves..

FS
 
I agree completely! Significant public awareness is required. The opposition to change is powerfull and tenacious. Strength of purpose, or the will to protect this Nation from many future problems, is essential. Good luck in this monumental effort!
 
We see it every day...it's all about control. Look at Russia right now..The oil companies and the Mideast producers are no different....they will do anything to derail the huge mobilization of alternatives...however, the cat's out of the bag and it's going to be impossible to put back in..By 2030, this country is going to be at least 50% alternative...I hope for Gore's plan to be adopted in some form, and for this country to get it's groove back :D:D and shed our cursed addicition to imported oil...It's about time we did the right thing for this planet and orselves..

FS

Very well put FS - my friend.

I would add "We see it every day...it's all about control. Look at the USA right now". Many books are available describing the extent by which the CIA has undermined various countries to wage conflicts and war - so the USA or Brittian would retain control of the resources. Iran is one of the best examples; let alone Iraq.

Doing the "right thing" for the planet and ourselves - is beyond the mentality of Nations which find Brutal Force, Might and Power, and WAR as the most effective method. It has long been established that "Muscle" is the way that shows real strength and this eventually does away with all resistence.

Perhaps "The Brain" could finally be used over "Muscle" with the current conflict. The USA, NATO, and other countries could simply ask Russia what they want and prove that by working together in global co-operation a "peaceful resolution" can be obtained. Russia has every right to protect their own interests - everybit as much so as the USA does - but with global co-operation the many that are injured and killed can instead be healthy and productive - working for the common good of everyone.

To some extent - when one super power shows the world what kind of "muscle" they have - it forces the other super power to demonstrate their "muscle" is just as big. The best thing we can do is pull out "gracefully" - and show "we largely accomplished the overall objective" - and now are focusing on our borders and not looking for trouble elsewhere.
 
Steady there Obama - what rights or interests are the Russians trying to protect - their potentially annexed civilians? This goes all the way back to Stalin and if you remember he starved to death millions of his own citizens. We need to stop this armed aggression now before it spreads into Russia proper in a counter attack. This conflict is really going to blow up.
 
Can't win them all so I will take a day or two off and do some research. I still like SLV and CCJ it just did not pan out. If I see the dollar start taking a dive SLV will be on the top of my list.
 
Show,
Thank you for modifying this link to add the Dow and Nasdaq. For me it's very useful to have all the major indexes in one place. Other TSPtalk members will be able to benefit from this. Thanks again!
 
Absolutely correct Steady. Seems to me it's about time we neutralized all that nationalistic testosterone we seem to all have in such abundance..:D:D:D

FS
 
Rehashing old calls about the dollar going up and commodities going down. Feels we are going to stomp the crap out of Europe. Makes sense. Our rates are low and have room to raise to fight inflation. Eurozone, UK, and everyone else has raised rates in there countries to put the screws to the US dollar while we lowered ours. Now they will have to lower rate because they are slowing down and their currency will get punished while our get stronger.
 
I like silver but I'm struggling with how the USD will do going forward. It is terribly depressed and the rest of the world is starting to struggle with slow economic slowing.
 
The dollar probably has further to rise. Watch though if the market stops responding to a rising dollar...that may mean we hit the top of the "dollar induced rally".

I'm predicting a better than expected housing numbers next week to give the market a good rally...but a dumb rally because we are nowhere near the bottom in housing IMO.
 
I'm of the opinion that there is more upside this month before we have another consolidation, so long as (1) Russia behaves itself, (2) no bad news from hurricanes (3) Phelps keps winning gold...:D:D:D

We heard more bad news from financials, and I'm hearing there are more writeoffs coming for bad auto loans and credit cards but that once that happens, we will have hit and bounced off the bottom. I just would like to see the market return to better health..

FS
 
Got a order for CCJ @ $29.80 after-market, but I doubt it will get filled. It went down to $29.76 after-market so what the hey.
 
I'm of the opinion that there is more upside this month before we have another consolidation, so long as (1) Russia behaves itself, (2) no bad news from hurricanes (3) Phelps keeps winning gold...:D:D:D

We heard more bad news from financials, and I'm hearing there are more writeoffs coming for bad auto loans and credit cards but that once that happens, we will have hit and bounced off the bottom. I just would like to see the market return to better health..

FS


I have been reading alot about the ARM loans with teaser rates that are scheduled to reset the first half of 2009. By 2010 all hell will break loose. A payment in the $1k would go to $5k. That and the credit card and auto loan issues. The credit crisis is far from over and you better have the best credit and 20% down if you what a home loan. And, be prepared for a cavity search when you apply.
 
Here is the graph I remember seeing in the WSJ.

'Tsunami' of adjustable-rate mortgage resets coming

But higher monthly payments won't dent U.S. economy much, study says

By Alistair Barr, MarketWatch
Last update: 7:17 p.m. EDT March 23, 2007

SAN FRANCISCO (MarketWatch) -- Trillions of dollars worth of adjustable-rate mortgages will reset in the next few years. That could dent consumer spending, but the wave of resets may end up being a ripple for the U.S. economy.

More than $2.28 trillion worth of ARMs were originated in 2004, 2005 and 2006, at the peak of the recent housing boom, according to a study released this week by a unit of real estate data company First American.
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Some of these loans have already reset at higher interest rates, but a lot more have yet to reset.
This year, almost $370 billion worth of first ARMs are resetting. More than $250 billion worth will reset in 2008 and 2009 and another $700 billion will do so in 2010 and beyond, the First American study estimates.
Rick Chance, head of the special situations advisory group at investment bank KPMG Corporate Finance LLC, reckons recent developments are only the beginning of what he calls a "tsunami" of mortgage resets and defaults that will wash over the economy during the next few years.
"That's got to have an impact on the economy and the consumers who have these mortgages," Chance said.
Still, Christopher Cagan, the author of the First American study, isn't so alarmed.
 
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