With all of that money, it might be convenient for a merger A reversion of sorts, maybe they will call it Texaco
chlawfirm Registered: Jun 2005 Posts: 36 02-01-09 04:31 PM I havent posted for some time. I dont want want to say "I told you so". Whilst the sub prime housing bubble may have been the trigger to the this meltdown, there is no doubt that the rise in crude and in turn interest rates and inflation were the underlying cause. Below is a list of my posts in 2005. The only way out of this mess is to let market forces take its natural progression. Pouring more money into the fire is like pouring more gas. Yes there will be alot of pain but in the end the world will evolve stronger. Goodluck to everyone. chlawfirm chlawfirm Registered: Jun 2005Posts: 35 06-17-05 06:58 PMDo the math. Core inflation will go through the roof. Fed will be forced to raise interest rates by 400. Market will capitulate. Dont say u werent warned. My humble opinion only. I have now shorted everything. 06-20-05 09:43 PMOccasionally a stock's price level/movement seems to, interact ? with the fibonacci number series 3 5 8 13 21 34 55 89; seems both Gold and Crude Oil coincidentally or otherwise dance with the fibos.Crude Oil waves topped at the 34 and 55 areas . . . 89 to come ?chart: AG's EW labeling, Gann Box, BC. Attachment: co m ag.jpgThis has been downloaded 621 time(s). Edit/Delete ⢠Quote ⢠Complain chlawfirm Registered: Jun 2005Posts: 35 06-20-05 10:48 PMIf your chart is correct its the end of civilisation as we know it! chlawfirm Registered: Jun 2005Posts: 35 06-20-05 04:37 PMInterest rates zooming by the end of the year inflation hard to reign in thanks to crude prices. Meltdown is on the cards unless we can get crude under control which doesnt seem likely. My opinion only Edit/Delete ⢠Quote ⢠Complain chlawfirm Registered: Jun 2005Posts: 35 06-16-05 06:49 PMSurely the way of the market will be determined by the price of crude. I dont care about data and numbers, if crude goes above $65/b and stays there for any real time we could be looking at Dow 5000 Nas 200. Hope I am wrong. Edit/Delete ⢠Quote ⢠Complain
Bail-out Banks sought foreign workers. Associated Press â 2 hours ago SANTA CLARA, Calif. â Banks collecting billions of dollars in federal bailout money sought government permission to bring thousands of foreign workers to the U.S. for high-paying jobs, according to an Associated Press review of visa applications. The dozen banks receiving the biggest rescue packages, totaling more than $150 billion, requested visas for more than 21,800 foreign workers over the past six years for positions that included senior vice presidents, corporate lawyers, junior investment analysts and human resources specialists. The average annual salary for those jobs was $90,721, nearly twice the median income for all American households. The figures are significant because they show that the bailed-out banks, being kept afloat with U.S. taxpayer money, actively sought to hire foreign workers instead of American workers. As the economic collapse worsened last year â with huge numbers of bank employees laid off â the numbers of visas sought by the dozen banks in AP's analysis increased by nearly one-third, from 3,258 in fiscal 2007 to 4,163 in fiscal 2008. The AP reviewed visa applications the banks filed with the Labor Department under the H-1B visa program, which allows temporary employment of foreign workers in specialized-skill and advanced-degree positions. It is unclear how many foreign workers the banks actually hired; the government does not release those details. The actual number is likely a fraction of the 21,800 foreign workers the banks sought to hire because the government limits the number of visas it grants to 85,000 each year among all U.S. employers. During the last three months of 2008, the largest banks that received taxpayer loans announced more than 100,000 layoffs. The number of foreign workers included among those laid off is unknown. Foreigners are attractive hires because companies have found ways to pay them less than American workers http://news.yahoo.com/s/ap/20090201/ap_on_bi_ge/bailout_foreign_workers
We can't afford it. We'll take over somebody in ten days, and spend four years and a trillion dollars to give it back to them.
Profile For mach700 posts by this user. Date Registered: 02-01-09 Status: ??? Total Posts: 8 (8 posts per day)
Heaven forbid all the laid-off workers receive help with basic human needs such as health care. Oh well, that's what they get for living in a Military Oil junta who makes war.
Bush was "produced" in New Haven, CT. And I didn't type "almighty", I typed "all hail the mighty state"..as in Texas, Our Texas! all hail the mighty State! Texas, Our Texas! so wonderful so great! Boldest and grandest, withstanding ev'ry test O Empire wide and glorious, you stand supremely blest. God bless you Texas! And keep you brave and strong, That you may grow in power and worth, throughout the ages long. God bless you Texas! And keep you brave and strong, That you may grow in power and worth, throughout the ages long! There's many wonderful places to live in the USA, but I love my Lone Star State.
1) The Extreme Rich can't hide anymore. 2) Politicians are publicly exposed. 3) Huge increase in Weapons sales. 4) Ammunition is purchased before it hits the selves, and prices are still cheap! 5) Information for whatever you're looking for is readily available. 6) Old School Americans won't put up with Political BS very much longer. (You think Muslim Extremist are the only ones to sacrifice their lives, Old Schoolers would take out anyone that threatens their families). There are more armed and warrior type citizens than those in the Government. And they'll all become united in this situation. Also, lots of Government employees (Soldiers, FBI, etc.) will join the MOVEMENT!!! 7) There's plenty of cash out there. Although the Markets came down 40%, and they say that $2 trillion dollars were lost, doesn't mean the money vanished and disappeared from the face of the EARTH. The money and wealth are still there, its just been redistribute and the only way they can make more is through investment: GREED always takes precedence. 8) Those that have sold, have already sold. THose in the Market for the long term will stay. 9) The only agency that will take anymore money from the Markets will be the US Government and the next money taking, I believe, will be from the SHORTS. Therefore, I believe, hang in there for a little while. The Market's downturn was stopped on Nov 21 and now they are stabilizing and maintaining balance with other long term economic factor trends such as M1 and M2. Politicians and the Wealthy know that the Underground Economy and Organized Gangs and Crime Syndicates will flourish in this type of situation. Then the Government IDEAL and those protected by it will now longer RULE. But its those with foresight and understand potential future events which generally SURVIVE. What do you think......
The reason the poor and the underclass have never rose up in the USA, is the same reason the predicted civil unrest will never happen... surf