Fed slashes interest rates 3/4% to 2.25
Larry
Pretty soon the dollars will be so worthless THEY will be paying YOU
interest to borrow it!
Gold was below $980/oz, too, off from $1050, but don't expect that new
yacht to drop at the dealer...(c;
We're in very serious trouble. They can't keep plugging the holes in the
dam for ever.....
http://www.orlandosentinel.com/business/sns-ap-oil-prices,0,4883136.story
Diesel rose further above $4/gallon making you a genius to buy a sailboat,
not the Azimut.
"Diesel rose 1.3 cents to a new record national average of $4.015 a gallon
Tuesday. Delta Air Lines on Tuesday offered buyouts to 30,000 employees,
about half its work force, and said it will cut domestic capacity 5 percent
this year to cope with soaring fuel prices."
Of course, this is NOT at the MARINA!
Thomas, Spring Point Light
"Larry" <no...@home.com> wrote in message
news:Xns9A65BB1C5C9...@208.49.80.253...
Larry,, talked to a fishing ship captain this week.. He told me it is
$20,000 to leave the dock.
Twice what is was a little over a year ago. That is just fuel. Bait, etc,
add on.
Figure it out,,, same fish, but twice the price to get to same fish.
We are F......ed. This is what happens when the government get too big,
and we elect a dope.
The three who are running now; Hill, Borac, and Casper .. would you hire
any of these people.
We are F........ed.
Larry
news:RKcEj.11812$u62.5080@trndny07:
> We are F......ed. This is what happens when the government get too
> big, and we elect a dope.
>
You're blamin' the EMPLOYEES! Wrong pointer.....
The money is worthless because of the FEDERAL RESERVE and it's elite group
of BANKER owners. FEDERAL RESERVE is like FEDERAL EXPRESS, a private
corporation. The government borrows money, at interest, from them!
They're at the top of the blame heap....printing worthless bank notes.
They also cause the interminable wars that have gone on since 1913 to line
their pockets with gold. These wars, like Vietnam, are not to be "won",
but to be SUSTAINED so governments keep coming back to borrow more money to
wage them.
Prices only reflect demand, supply and the value of the currency.
We can reduce demand by sending 15% of the population HOME TO THEIR OWN
COUNTRIES. Do you think demand for gas will drop if we reduce consumption
15% by deporting the illegal population? I do.
Eliminating the private central banks is key to problem 3.
Dennis Pogson
Not your old-fashioned Chicago-style guys with 45's and sub-machine guns.
These guys are dealers who spread rumouirs around the market that
such-and-such a bank is about to go bust. They wait until the arse falls out
of the stock, then rush in and buy. The bank issues a denial, the stock
rockets upwards, and these guys then make a killing by selling.
Yesterday they spread the word that one of our biggest, HBOS, was about to
go belly-up. The stock dropped 35%. They bought billions and made millions
in less than a day. HBOS curently has around £660 billion on it's balance
sheet.These crooks made £100 million yesterday alone.
Our government seems powerless to find out who starts these rumours, which o
nly work in today's jittery market conditions.
Bank robbers? Sure they are, but who can prove it? You would think some
honest dealers would come clean and shop these guys by exmamining the deals
they make, but it's a closed market. Nobody tells.
Dennis.
Martin Baxter
> On Thu, 20 Mar 2008 09:29:18 GMT, "Dennis Pogson"
> <dennis_no...@ntlworld.com> said:
>
>> Our government seems powerless to find out who starts these rumours, which o
>> nly work in today's jittery market conditions.
>>
>> Bank robbers? Sure they are, but who can prove it? You would think some
>> honest dealers would come clean and shop these guys by exmamining the deals
>> they make, but it's a closed market. Nobody tells.
>
> doing the shorting. (There are records of the trades, no? The regulators can
> look at those records, no?) A pattern quickly develops. Then they look for
> somebody in the shorting entity that has other likely regulatory problems,
> and come down on him like a barrel of lead. Then offer leniency if he'll
> spill what he knows. Generally works.
It is being investigated, see:
http://news.bbc.co.uk/2/hi/business/7305039.stm
Cheers
Marty
Larry
news:77t4u3143u9h9784t...@4ax.com:
> I find that hard to believe. What the regulators do is first examine
> who's doing the shorting. (There are records of the trades, no? The
> regulators can look at those records, no?) A pattern quickly develops.
> Then they look for somebody in the shorting entity that has other
> likely regulatory problems, and come down on him like a barrel of
> lead. Then offer leniency if he'll spill what he knows. Generally
> works.
>
>
But, in the case of the CENTRAL BANKERS who control the governments, and
their regulators, do you think these "regulator" who work at the pleasure
of the CENTRAL BANKERS are going to shoot their feet off and starve for
Queen and country by blowing the whistle on them?
Not in your lifetime.
The bank crash in the early 1920's was caused by the same central bankers
that caused the crash of 1929, starved millions and pocketed huge profits
used, even today, to still control the world by its purse strings.
RichH
> "Thomas, Spring Point Light" <tomc...@verizon.net> wrote innews:RKcEj.11812$u62.5080@trndny07:
Sorry Larry
The cause of the current banking crisis is the EXACT same cause of the
Savings and Loan Crisis of the 1980s and has to do with 'social
engineering' as was enforced (this time from the Federal Court System
- BOSTON) versus 'discrimination' in lending practice. The Boston
Federal Court ruled that is was 'discriminatory' for a bank to require
that a borrower prove that he/she had sufficient collateral/income to
support the loan and to be able to pay if that loan would become into
default ... and these loans were issued versus NO collateral and with
NO % investment of the borrower ---- if you remember such loans/
mortgages prior to 1980s REQUIRED as cash down-payment of ~ 20% to
ensure 'good faith ownership' of the mortgage by the 'borrower'. The
exact same thing happened to cause the S&L crisis of the 80s wherein
lending institutions were 'red-lining' based on geographical areas of
high default (also ruled 'discriminatory'. Our Congress (who now only
'works' 3 days a week) in its usual lethargy to get involved i n
'discrimination' issues both times simply sat on its collective ass
and did nothing other than watch as the banking system began to
collapse both times when the defaults became common.
If you want to blame someone, blame the liberal Federal Courts for
their addition of 'social engineering' requirements to banking issues,
blame our US Congress who ultimately controls the banking system and
who twice now sat on its dead ass and did NOTHING to prevent this, and
then blame the FannyMae (the board 'stuffed' with unknowledgeable
Clinton era supporters) who ultimately 'holds' and supports these
worthless mortgages. In the end you can be 'pleased' that your
holdings and value is now worth 30%-50% LESS (vs. other
currencies) .... all in the pursuit of social engineering and
'discrimination'. Dont worry, with the current political 'tilt' of
the US, the same exact thing will inevitably happen again ... probably
in 5-7 years; but, with the additional burden of 30-50% increased
federal individual taxation rates; The 'rich' being targeted will be
probably anyone who makes greater than $60K per year !!!!!!!! I'll
bet the farm on that one.
Dennis Pogson
General opinion in the press today is that the real culprits (they who
started the rumours) will NEVER be caught.
The UK regulatory bodies concerned with market misdemeanours are as weak as
hell, and really ought to be disbanded.
Dennis.
Larry
$6R1...@newsfe4-gui.ntli.net:
> General opinion in the press today is that the real culprits (they who
> started the rumours) will NEVER be caught.
>
>
They can't be caught. Hell, we can't even find out who owns the Federal
Reserve Corporation....