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| Messages 1 - 16 of total 16 in this topic |
dougalclimber
climber
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Topic Author's Original Post - Mar 2, 2009 - 12:20am PT
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Change has come...
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apogee
climber
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The new kids obviously think big...
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Lynne Leichtfuss
Social climber
valley center, ca
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Nasty. Yo bigger than that.
Condie is a talented woman whether you agree with her politics or nada.
Can yo fill me in on Michelle's credentials. Seriously asking. Don't listen to sheee tv or rarely read the rags.
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Lynne Leichtfuss
Social climber
valley center, ca
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Pick and choose your liars. One side is cleaner than the other? Really ? Think not, really, when you study their lives. :)
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guido
Trad climber
Santa Cruz
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Seriously-Condi should be in jail!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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Lynne Leichtfuss
Social climber
valley center, ca
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guido, you want to put a human being in jail. Ok, give me the data on why. List specifically all the reasons. Jail time is serious...very.
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MisterE
Trad climber
One Place or Another
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Another "Fish" tale?
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Lynne Leichtfuss
Social climber
valley center, ca
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So Kevin, I did. I respect your opinions. We have some mutual friends and I listen and weigh what you say.
But, I cannot take any of the shee presented on the media as Real Truth. I cannot believe the words of either of our two major political parties.
I can only at this point try and discover the truth for myself.
I served in a limited role in San Diego Politics...and learned much. It was not pretty...on either side of the political spectrum. Lynne
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Patrick Sawyer
climber
Originally California now Ireland
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Say, I know that guy in the Enzyte ad. Isn't he involved with Condi? Or is he just the skipper of SS Condoleezza Rice?
She may not have taken the big one, but a 129,000-ton supertanker ain't small.
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Dick_Lugar
Trad climber
Indiana (the other Mideast)
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I dunno, organic milk shot up from $5.29/gal last week to $6/gal this week, that's with lower fuel costs and falling wholesale milk prices. Something is hitting the fan.
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corniss chopper
Mountain climber
san jose, ca
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100 Billion dollars for 3 eggs !!!- It took Mugabe 10 years to drive their money to that level.
A recent news blip also from Zimbabwe is that their National Park
rangers who get paid Z$5000 a month (less than 1-cent US) and get
10Kg of bush meat per month also. The math is 3000 Rangers, so
30,000Kg of meat. All of which they get to kill themselves and/or
take possession of from poachers kills or paid legal hunts the
National Parks cater to. First choice they all say is elephant,
as the taste is wonderful (quote), but buffalo is fine.
The crocodile farms around Lake Kariba need vast amounts of meat
and poachers are supplying them elephant.
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jstan
climber
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At 12:10 EDT the DOW is down 230 at 6837. If you look at the historical data you see a rise just in time for the 2004 election. The DOW is now below that and indeed we are back to 1997. If there is any inflection in the DOW earlier to 1997 it comes at about 4000. Forgeddabout a support level.
If you linearly extrapolate the decreases starting late in 2008 we reach 4000 around the first of September 2009. All of that is just numerology. The current decreases being breathtakingly rapid is, however, a fact.
I did not think stocks made any sense either during the telecomm era or even after that correction. At 4000 if we have some semblance of rationality in business planning i.e. no more talking only about quarterly results, we may have some ground on which to stand longer term.
On another subject, I have thought we need to isolate banks one at a time, take them over, and put their inventories in order. Today Bloomberg has a report lauding the effort in Sweden to fix their problems just this way. That country, not being retarded did not suffer reckless lending, so their problem is not as severe as in some other places.
EDIT:
Another report just in. Moody's is continuing its review of GE's AAA rating even though GE has made the first cut in its dividend since Mar. 4, 1938. 80% of GE's stockholders are non-institutional so a downgrade will have an outsized effect on general perception of the market.
That same report includes work by Prof. Shiller who feels, based on P/E ratios from 1982, that those ratios are still too high by as much as a factor of two.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aWrthV.bqHAg&refer=home#
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