An investor can see trends and make a profit in any scenario.
An investor most likely pays dick attention to the BIG picture of FED power and the loss of freedoms etc, that all paint an ever clearing picture of the future.
~Lance
Stock Market
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sportsbettingman
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Stock Market
"The only reason for time is so that everything doesn't happen at once."
~Albert Einstein
~Albert Einstein
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sportsbettingman
- Posts: 3038
- Joined: Sun Jan 23, 2005 6:00 pm
- Contact:
Stock Market
They have us caught up in the ever cyclical waves of good and bad times...but never point out the loss of freedom and the unrepairable debt that comes with each wave.
The current IBM commercials about making a "smart" planet = suckering the lazy into giving up THEIR FREEDOM.
Listen to the commercial.
~Lance
The current IBM commercials about making a "smart" planet = suckering the lazy into giving up THEIR FREEDOM.
Listen to the commercial.
~Lance
"The only reason for time is so that everything doesn't happen at once."
~Albert Einstein
~Albert Einstein
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sportsbettingman
- Posts: 3038
- Joined: Sun Jan 23, 2005 6:00 pm
- Contact:
Stock Market
As I begin part 4 of 5 of the video's posted here...I can't help but think to myself...
"KJ only watched the first 10 min and formed his opinion."
KJ only watched the first few minutes of "The Money Masters" before forming his opinion.
I watch hours of stuff I may not agree with, just to see if there are diamonds in the rough...and often times there are.
We all have time.
~Lance
"KJ only watched the first 10 min and formed his opinion."
KJ only watched the first few minutes of "The Money Masters" before forming his opinion.
I watch hours of stuff I may not agree with, just to see if there are diamonds in the rough...and often times there are.
We all have time.
~Lance
"The only reason for time is so that everything doesn't happen at once."
~Albert Einstein
~Albert Einstein
Stock Market
Originally posted by GoBabyGo:
So Bacially if I get you right your thesis is based soley on HOPE (Obama ? New Boss same as the old Boss)? No Catalyst? And hoping for a Huge SHORT SQUEEZE if I understand you right because everyone is short.
You don't get me right.
Originally posted by GoBabyGo:
Fact of the matter is in 2002 The FED lowered rates to lowest point in awhile creating the REAL ESTATE BUBBLE, Credit expansion with Home Equity lines/loans. Causing people to party on by going more into debt. Now FED trying to do the same however they just cut to zero and people cannot get loans because Banks are not giving loans to properties under water and NINJA loans are gone. Credit card companies cutting balances and people are getting squeezed.
Gee, really. This is happening? I never knew, or did I ... oh, yeah, I've been writing about this for the last 4 years.
Originally posted by GoBabyGo:
Banks with all the trillions they have recieved they are still seeking more to SURVIVE??? (Banks are imho insolvent otherwise why keep throwing money into a black hole?) They need the CASH Because imho the ticking time bomb 500+ Trillions outstanding in DERVIATIVES ! Pure leveraged bets and since the underpinning are all tied to some type of asset as the asset keeps depreciating the more these companies blow up.
Did you hear me arguing to buy the banks? No you did not. Although I will say - there are small banks that have maintained credit lending standards, mostly small community banks, who will gain huge market share with the demise of the super-regionals and the money centers.
Originally posted by GoBabyGo:
That is what they pumping the Markets daily to maintain ASSET values, to slow down the blow ups.
Pumping what market? Housing??? If you're talking about stocks you don't know how equity markets function, sorry.
Originally posted by GoBabyGo:
What will happen when China starts dumping its large USD reserves? And stop buying treasuires?
China's economy is built on exports, mainly to the US. They dump dollars, their currency skyrockets and their own economy goes from slowing growth to declining. Not gonna happen in the short-term.
Originally posted by GoBabyGo:
And like Celente said who will be occupying all those vacant retail stores and office spaces that will cause Banks more problems are commercial loans start to blowout.
Commercial loans will see rising defaults in the interim, don't disagree.
Originally posted by GoBabyGo:
And how about Credit Card companies that are having massive defaults? ANd Residential Foreclosures that Banks have stopped starting foreclosures on? And Mark to MYTH accounting? And all those level 3 Assets? (I thought we were suppose to frown on ENRON type accounting, now we embrace it? Not to mention how do we ever re-pay almost 100 Trillion in debt we have (When you add in Social Security and Medicare)
Major banks are screwed, I don't disagree. We don't own one in our portfolios and haven't for more than 3 years.
Originally posted by GoBabyGo:
Too many landmines and No revenues coming in, all smoke screens and fancy accounting BS, NO TRANSPARENCY. All we have like you infer is HOPE!
This is why I am a portfolio manager and your boy posts doomsday videos on the internet and makes money by spreading fear, rather than by generating investment returns. Anyone can point out problems, it's a whole other thing to evaluate them, come to rational conclusions and stay a step ahead of the obvious.
Originally posted by GoBabyGo:
So again what will that catalyst be?
Catalysts will be apparent to you in hindsight. Investment capital has to go somewhere. Where is it going? Housing ... 3% long-term bonds? Stocks are cheap and they're discounting bad news. The next major move is up. After it happens, the doomsdayers will cry it shouldn't be going up. But it will anyway. Difference is, they don't really understand how the market works - if they did they'd be managing money not making videos.
Originally posted by GoBabyGo:
P.S. The Bond Market is a better indicator of the economy than Equities will ever be.
Not really. They're a better indicator of invsolvency risk.
Originally posted by GoBabyGo:
P.S. WHat are your thoughts on the following:
1) Madoff ADMITS to guilty yet he is home why is he NOT in jail!
Because the legal system is one massive fustercluck.
Originally posted by GoBabyGo:
2) Bank of AMerica pays huge premiuim for Merrill Lynch and Merrill was on the edge and could have gotten them for pennies. Was CEO that dumb or was the FED at play here the create the preception nothing to see here please move along? CEO had been frothing at the mouth to acquire them for years, and he assumed this financial crisis would be as transitory as the last few.
So Bacially if I get you right your thesis is based soley on HOPE (Obama ? New Boss same as the old Boss)? No Catalyst? And hoping for a Huge SHORT SQUEEZE if I understand you right because everyone is short.
You don't get me right.
Originally posted by GoBabyGo:
Fact of the matter is in 2002 The FED lowered rates to lowest point in awhile creating the REAL ESTATE BUBBLE, Credit expansion with Home Equity lines/loans. Causing people to party on by going more into debt. Now FED trying to do the same however they just cut to zero and people cannot get loans because Banks are not giving loans to properties under water and NINJA loans are gone. Credit card companies cutting balances and people are getting squeezed.
Gee, really. This is happening? I never knew, or did I ... oh, yeah, I've been writing about this for the last 4 years.
Originally posted by GoBabyGo:
Banks with all the trillions they have recieved they are still seeking more to SURVIVE??? (Banks are imho insolvent otherwise why keep throwing money into a black hole?) They need the CASH Because imho the ticking time bomb 500+ Trillions outstanding in DERVIATIVES ! Pure leveraged bets and since the underpinning are all tied to some type of asset as the asset keeps depreciating the more these companies blow up.
Did you hear me arguing to buy the banks? No you did not. Although I will say - there are small banks that have maintained credit lending standards, mostly small community banks, who will gain huge market share with the demise of the super-regionals and the money centers.
Originally posted by GoBabyGo:
That is what they pumping the Markets daily to maintain ASSET values, to slow down the blow ups.
Pumping what market? Housing??? If you're talking about stocks you don't know how equity markets function, sorry.
Originally posted by GoBabyGo:
What will happen when China starts dumping its large USD reserves? And stop buying treasuires?
China's economy is built on exports, mainly to the US. They dump dollars, their currency skyrockets and their own economy goes from slowing growth to declining. Not gonna happen in the short-term.
Originally posted by GoBabyGo:
And like Celente said who will be occupying all those vacant retail stores and office spaces that will cause Banks more problems are commercial loans start to blowout.
Commercial loans will see rising defaults in the interim, don't disagree.
Originally posted by GoBabyGo:
And how about Credit Card companies that are having massive defaults? ANd Residential Foreclosures that Banks have stopped starting foreclosures on? And Mark to MYTH accounting? And all those level 3 Assets? (I thought we were suppose to frown on ENRON type accounting, now we embrace it? Not to mention how do we ever re-pay almost 100 Trillion in debt we have (When you add in Social Security and Medicare)
Major banks are screwed, I don't disagree. We don't own one in our portfolios and haven't for more than 3 years.
Originally posted by GoBabyGo:
Too many landmines and No revenues coming in, all smoke screens and fancy accounting BS, NO TRANSPARENCY. All we have like you infer is HOPE!
This is why I am a portfolio manager and your boy posts doomsday videos on the internet and makes money by spreading fear, rather than by generating investment returns. Anyone can point out problems, it's a whole other thing to evaluate them, come to rational conclusions and stay a step ahead of the obvious.
Originally posted by GoBabyGo:
So again what will that catalyst be?
Catalysts will be apparent to you in hindsight. Investment capital has to go somewhere. Where is it going? Housing ... 3% long-term bonds? Stocks are cheap and they're discounting bad news. The next major move is up. After it happens, the doomsdayers will cry it shouldn't be going up. But it will anyway. Difference is, they don't really understand how the market works - if they did they'd be managing money not making videos.
Originally posted by GoBabyGo:
P.S. The Bond Market is a better indicator of the economy than Equities will ever be.
Not really. They're a better indicator of invsolvency risk.
Originally posted by GoBabyGo:
P.S. WHat are your thoughts on the following:
1) Madoff ADMITS to guilty yet he is home why is he NOT in jail!
Because the legal system is one massive fustercluck.
Originally posted by GoBabyGo:
2) Bank of AMerica pays huge premiuim for Merrill Lynch and Merrill was on the edge and could have gotten them for pennies. Was CEO that dumb or was the FED at play here the create the preception nothing to see here please move along? CEO had been frothing at the mouth to acquire them for years, and he assumed this financial crisis would be as transitory as the last few.
Stock Market
Originally posted by sportsbettingman:
As I begin part 4 of 5 of the video's posted here...I can't help but think to myself...
"KJ only watched the first 10 min and formed his opinion."
KJ only watched the first few minutes of "The Money Masters" before forming his opinion.
I watch hours of stuff I may not agree with, just to see if there are diamonds in the rough...and often times there are.
We all have time.
~Lance Lance, I know progaganda when I see it - it doesn't take nearly 10 minutes - the last nine minutes were for entertainment purposes only.
I see credible arguments on all sides of these issues, including those with doomsday scenarios - I don't need to watch media whores who fan emotional flames on youtube or do the talk show circuit.
As I begin part 4 of 5 of the video's posted here...I can't help but think to myself...
"KJ only watched the first 10 min and formed his opinion."
KJ only watched the first few minutes of "The Money Masters" before forming his opinion.
I watch hours of stuff I may not agree with, just to see if there are diamonds in the rough...and often times there are.
We all have time.
~Lance Lance, I know progaganda when I see it - it doesn't take nearly 10 minutes - the last nine minutes were for entertainment purposes only.
I see credible arguments on all sides of these issues, including those with doomsday scenarios - I don't need to watch media whores who fan emotional flames on youtube or do the talk show circuit.
Stock Market
Good Morning KJ Duke and all:
Here is a MUST WATCH CLIP to start the day, George Carlin sums up America in 4 minutes
http://www.youtube.com/watch?v=OuE2ZKjw6Ws
Now to respond to your question, you have peaked my curiousity. What was your Firms rate of return last year. I understand only SHort side funds did well. I hope yours did well.
ALso do you believe that funds that perform negative (lose money) should be entitled to a bonus?
You see these big firms like GS, Merrill etc getting huge bonuses for losing money? To boot those bonuses were paid from struggling Main Street Taxpayers. Sure makes sense to me (Wink WInk). So if this is systemtic failure than I say bring it on, because these bastards should get SH-T ! Let them all fail because maybe the sheep will awaken to the fleecig and looting taking place before their eyes. Again their motto Privatize the gains and socialize the losses. I am sure small mom/pop businesses wish they could do that.
This proposed bailout is nothing more than another fleecing for the benefit of these bastards, just like the first one. The difference is we have a new salesman to sell it. Then in 2 months we are back to square one. Sometimes you need failures to cleanse the system. As Free market capitalism (died with constant govt intervention) got throw under the bus as socialism/fascism take hold imho.
Here is a MUST WATCH CLIP to start the day, George Carlin sums up America in 4 minutes
http://www.youtube.com/watch?v=OuE2ZKjw6Ws
Now to respond to your question, you have peaked my curiousity. What was your Firms rate of return last year. I understand only SHort side funds did well. I hope yours did well.
ALso do you believe that funds that perform negative (lose money) should be entitled to a bonus?
You see these big firms like GS, Merrill etc getting huge bonuses for losing money? To boot those bonuses were paid from struggling Main Street Taxpayers. Sure makes sense to me (Wink WInk). So if this is systemtic failure than I say bring it on, because these bastards should get SH-T ! Let them all fail because maybe the sheep will awaken to the fleecig and looting taking place before their eyes. Again their motto Privatize the gains and socialize the losses. I am sure small mom/pop businesses wish they could do that.
This proposed bailout is nothing more than another fleecing for the benefit of these bastards, just like the first one. The difference is we have a new salesman to sell it. Then in 2 months we are back to square one. Sometimes you need failures to cleanse the system. As Free market capitalism (died with constant govt intervention) got throw under the bus as socialism/fascism take hold imho.
GoBabyGo
Stock Market
Look what happened to Argentina 12 parts all caused by the currency and still they have yet to get out of this. Have you seen the riots/protests in France, Hungary, Greece, Ireland, Iceland etc Funnything our so-called MEDIA never showed this in their news reports why is that? Keep the sheep asleep is the answer.
http://www.youtube.com/watch?v=rH6_i8zuffs
http://www.youtube.com/watch?v=rH6_i8zuffs
GoBabyGo
Stock Market
gobabygo,
I think you have confirmed it.
There is not a doubt in my mind.
Just look at the last few pages.
Right or wrong.
Much wrong.
One thing is certain.
You will get the ...
Last
WORD
I think you have confirmed it.
There is not a doubt in my mind.
Just look at the last few pages.
Right or wrong.
Much wrong.
One thing is certain.
You will get the ...
Last
WORD
On my tombstone-
Wait! I never had the perfect draft!
Wait! I never had the perfect draft!
Stock Market
Originally posted by GoBabyGo:
Now to respond to your question, you have peaked my curiousity. What was your Firms rate of return last year. I understand only SHort side funds did well. I hope yours did well.
Our main product was down ~35% last year, but outperformed the broad market S&P500 for the 10th straight year and our benchmark index for the third straight. All of our products are ahead of their benchmarks since inception (ranging from 7 to 20+ years) with lower risk/variance. We are long-only and don't place grandstanding all-or-nothing bets on ideology, we stay mostly invested and diversified. The macro outlook is one input that leads to sector and other strategic portfolio shifts.
Originally posted by GoBabyGo:
ALso do you believe that funds that perform negative (lose money) should be entitled to a bonus?
Traditional money management is percentage-of-assets fee based. So if our assets go down 35%, so do our revenues. We are a 4-man investment team/ownership group, and there were no bonuses this year - but I'm sure some firms paid bonuses to retain key people, and there's nothing wrong with that if management believes its in the interest of the firm and its clients.
The firms you're talking about are investment banking and brokerage firms. Very different business model. Investment bankers are paid based on deal flow they bring to the firm. Most are grossly overpaid by the major firms, but if you're running Merrill Lynch, your decision process is this: Johnny brought in 3 deals last year that resulted in $50 million in revenues. If Johnny wasn't here we probably don't get half of that revenue. Johnny expects a $1.5 million bonus. If we don't pay Johnny that bonus he will jump ship for Lazard and take with him those customers future financings. If you don't believe Johnny will walk, or if there is no business to be lost anyway, perhaps you stiff him, otherwise you don't if you expect to be in business next year. Executive pay, very different story. If your job as CEO and other top managers is to deliver bottom-line results for shareholders, no way in hell bonuses should be paid out in a year like that.
Originally posted by GoBabyGo:
You see these big firms like GS, Merrill etc getting huge bonuses for losing money? To boot those bonuses were paid from struggling Main Street Taxpayers. Sure makes sense to me (Wink WInk). So if this is systemtic failure than I say bring it on, because these bastards should get SH-T ! Let them all fail because maybe the sheep will awaken to the fleecig and looting taking place before their eyes. Again their motto Privatize the gains and socialize the losses. I am sure small mom/pop businesses wish they could do that.
Feels good to say it, but wouldn't to live it.
It's like jailing 10,000 innocent to be certain that 10 guilty are punished. A systemic collapse would hurt those at the top, but destroy those on the bottom. Not a good idea if you are in favor of the working class. The super-rich gain even more power in this scenario, as they would become like a modern-day JP Morgan capable of buying and controlling virtually everything.
Originally posted by GoBabyGo:
This proposed bailout is nothing more than another fleecing for the benefit of these bastards, just like the first one. The difference is we have a new salesman to sell it. Then in 2 months we are back to square one. Sometimes you need failures to cleanse the system. As Free market capitalism (died with constant govt intervention) got throw under the bus as socialism/fascism take hold imho. My Bush-Obama thesis continues on. Obama could very well be creating long-term ecnomic problems and injustices, as Bush did international political ones, but I don't think that stops him from throwing the kitchen sink and whatever else it takes to get the job done in the meantime, like George did with the war. And with that - as someone who needs to anticipate what investors will do next, I've gotta be buying. It's not comfortable knowing all the bad news yet to be reported, but as a famous value investor once said ... "if you're not sweatin' you're not buyin' right".
[ February 08, 2009, 12:02 PM: Message edited by: KJ Duke ]
Now to respond to your question, you have peaked my curiousity. What was your Firms rate of return last year. I understand only SHort side funds did well. I hope yours did well.
Our main product was down ~35% last year, but outperformed the broad market S&P500 for the 10th straight year and our benchmark index for the third straight. All of our products are ahead of their benchmarks since inception (ranging from 7 to 20+ years) with lower risk/variance. We are long-only and don't place grandstanding all-or-nothing bets on ideology, we stay mostly invested and diversified. The macro outlook is one input that leads to sector and other strategic portfolio shifts.
Originally posted by GoBabyGo:
ALso do you believe that funds that perform negative (lose money) should be entitled to a bonus?
Traditional money management is percentage-of-assets fee based. So if our assets go down 35%, so do our revenues. We are a 4-man investment team/ownership group, and there were no bonuses this year - but I'm sure some firms paid bonuses to retain key people, and there's nothing wrong with that if management believes its in the interest of the firm and its clients.
The firms you're talking about are investment banking and brokerage firms. Very different business model. Investment bankers are paid based on deal flow they bring to the firm. Most are grossly overpaid by the major firms, but if you're running Merrill Lynch, your decision process is this: Johnny brought in 3 deals last year that resulted in $50 million in revenues. If Johnny wasn't here we probably don't get half of that revenue. Johnny expects a $1.5 million bonus. If we don't pay Johnny that bonus he will jump ship for Lazard and take with him those customers future financings. If you don't believe Johnny will walk, or if there is no business to be lost anyway, perhaps you stiff him, otherwise you don't if you expect to be in business next year. Executive pay, very different story. If your job as CEO and other top managers is to deliver bottom-line results for shareholders, no way in hell bonuses should be paid out in a year like that.
Originally posted by GoBabyGo:
You see these big firms like GS, Merrill etc getting huge bonuses for losing money? To boot those bonuses were paid from struggling Main Street Taxpayers. Sure makes sense to me (Wink WInk). So if this is systemtic failure than I say bring it on, because these bastards should get SH-T ! Let them all fail because maybe the sheep will awaken to the fleecig and looting taking place before their eyes. Again their motto Privatize the gains and socialize the losses. I am sure small mom/pop businesses wish they could do that.
Feels good to say it, but wouldn't to live it.
It's like jailing 10,000 innocent to be certain that 10 guilty are punished. A systemic collapse would hurt those at the top, but destroy those on the bottom. Not a good idea if you are in favor of the working class. The super-rich gain even more power in this scenario, as they would become like a modern-day JP Morgan capable of buying and controlling virtually everything.
Originally posted by GoBabyGo:
This proposed bailout is nothing more than another fleecing for the benefit of these bastards, just like the first one. The difference is we have a new salesman to sell it. Then in 2 months we are back to square one. Sometimes you need failures to cleanse the system. As Free market capitalism (died with constant govt intervention) got throw under the bus as socialism/fascism take hold imho. My Bush-Obama thesis continues on. Obama could very well be creating long-term ecnomic problems and injustices, as Bush did international political ones, but I don't think that stops him from throwing the kitchen sink and whatever else it takes to get the job done in the meantime, like George did with the war. And with that - as someone who needs to anticipate what investors will do next, I've gotta be buying. It's not comfortable knowing all the bad news yet to be reported, but as a famous value investor once said ... "if you're not sweatin' you're not buyin' right".
[ February 08, 2009, 12:02 PM: Message edited by: KJ Duke ]
Stock Market
Tax the superwealthy-their income and their wealth-time to give back some of the looting promulgated over the last 30 years.
-
sportsbettingman
- Posts: 3038
- Joined: Sun Jan 23, 2005 6:00 pm
- Contact:
Stock Market
Originally posted by KJ Duke:
quote:Originally posted by sportsbettingman:
As I begin part 4 of 5 of the video's posted here...I can't help but think to myself...
"KJ only watched the first 10 min and formed his opinion."
KJ only watched the first few minutes of "The Money Masters" before forming his opinion.
I watch hours of stuff I may not agree with, just to see if there are diamonds in the rough...and often times there are.
We all have time.
~Lance Lance, I know progaganda when I see it - it doesn't take nearly 10 minutes - the last nine minutes were for entertainment purposes only.
I see credible arguments on all sides of these issues, including those with doomsday scenarios - I don't need to watch media whores who fan emotional flames on youtube or do the talk show circuit. [/QUOTE]What was the "propaganda" of "The Money Masters", and what/who motivated him to make it, and what fame/fortune did he get from making it?
These are the same questions I pose to you for all of these "conspiracy theory" type posts.
To say they are a fool or tool is no answer at all.
My interest is...if there is no $$$ to gain, and no "body" pushing them to make such videos...to cast them off as fools is not logical.
I'd love for you to open my eyes and prove my logic wrong...so I could go back to main stream media for all of my information.
~Lance
quote:Originally posted by sportsbettingman:
As I begin part 4 of 5 of the video's posted here...I can't help but think to myself...
"KJ only watched the first 10 min and formed his opinion."
KJ only watched the first few minutes of "The Money Masters" before forming his opinion.
I watch hours of stuff I may not agree with, just to see if there are diamonds in the rough...and often times there are.
We all have time.
~Lance Lance, I know progaganda when I see it - it doesn't take nearly 10 minutes - the last nine minutes were for entertainment purposes only.
I see credible arguments on all sides of these issues, including those with doomsday scenarios - I don't need to watch media whores who fan emotional flames on youtube or do the talk show circuit. [/QUOTE]What was the "propaganda" of "The Money Masters", and what/who motivated him to make it, and what fame/fortune did he get from making it?
These are the same questions I pose to you for all of these "conspiracy theory" type posts.
To say they are a fool or tool is no answer at all.
My interest is...if there is no $$$ to gain, and no "body" pushing them to make such videos...to cast them off as fools is not logical.
I'd love for you to open my eyes and prove my logic wrong...so I could go back to main stream media for all of my information.
~Lance
"The only reason for time is so that everything doesn't happen at once."
~Albert Einstein
~Albert Einstein
-
sportsbettingman
- Posts: 3038
- Joined: Sun Jan 23, 2005 6:00 pm
- Contact:
Stock Market
Basically I'm saying a high percentage of the conspiracy articles and videos are done with the motivation of opening minds and sharing knowledge that many/most people would never see if not for their research.
To discount their research and effort, or even worse...to ridicule it without disproving it yourself...is unwise.
~Lance
To discount their research and effort, or even worse...to ridicule it without disproving it yourself...is unwise.
~Lance
"The only reason for time is so that everything doesn't happen at once."
~Albert Einstein
~Albert Einstein
-
sportsbettingman
- Posts: 3038
- Joined: Sun Jan 23, 2005 6:00 pm
- Contact:
Stock Market
"The only reason for time is so that everything doesn't happen at once."
~Albert Einstein
~Albert Einstein
-
Edwards Kings
- Posts: 5909
- Joined: Sun Mar 14, 2004 6:00 pm
- Location: Duluth, Georgia
Stock Market
Let's really make this equal.
Through no more obvious fault of their own, the people of Iola Wisconsin have endured more than their fair share of snow. Therefore, the people of southern California and Hawaii must adopt a family from Iola, and switch houses for two months every winter. That way Iola gets their fair share of sunshine and warm weather.
Like wise, the people of California own homes much more expensive than those homes owned by say the people in Duluth GA, Billings Montanta, and Fargo North Dakota. These increased home values were promulgated by the unfair advantage California has taken for itself in the US House of Representives with 55 representatives. Therefore, the super-rich Californians must pay a "Home Value Tax" to be redistributed, first to the home owners of Duluth GA, then to the rest of the country.
Finally, pretty people really hack me off. They are just too good looking and therefore get more you-know-what than anyone else. Therefore, really good looking people must give it up to really ugly and fat people so that fair can be fair. After all, it is not the ugly peoples fault they are ugly and it is not their fault that they are suffering from the fact that Ho-Hos and Ding-Dongs constitute a filling breakfast, right? This program should also start in Duluth GA, providing of course the "Spousal Waiver" can be obtained. We can call it the "You are being SCRXWED" tax. It would, after all, fit in perfectly with the current bail out proposal.
Silly...just silly.
[ February 09, 2009, 06:52 AM: Message edited by: Edwards Kings ]
Through no more obvious fault of their own, the people of Iola Wisconsin have endured more than their fair share of snow. Therefore, the people of southern California and Hawaii must adopt a family from Iola, and switch houses for two months every winter. That way Iola gets their fair share of sunshine and warm weather.
Like wise, the people of California own homes much more expensive than those homes owned by say the people in Duluth GA, Billings Montanta, and Fargo North Dakota. These increased home values were promulgated by the unfair advantage California has taken for itself in the US House of Representives with 55 representatives. Therefore, the super-rich Californians must pay a "Home Value Tax" to be redistributed, first to the home owners of Duluth GA, then to the rest of the country.
Finally, pretty people really hack me off. They are just too good looking and therefore get more you-know-what than anyone else. Therefore, really good looking people must give it up to really ugly and fat people so that fair can be fair. After all, it is not the ugly peoples fault they are ugly and it is not their fault that they are suffering from the fact that Ho-Hos and Ding-Dongs constitute a filling breakfast, right? This program should also start in Duluth GA, providing of course the "Spousal Waiver" can be obtained. We can call it the "You are being SCRXWED" tax. It would, after all, fit in perfectly with the current bail out proposal.
Silly...just silly.
[ February 09, 2009, 06:52 AM: Message edited by: Edwards Kings ]
Baseball is a slow, boring, complex, cerebral game that doesn't lend itself to histrionics. You 'take in' a baseball game, something odd to say about a football or basketball game, with the clock running and the bodies flying.
Charles Krauthammer
Charles Krauthammer
Stock Market
So will everyone remember this day as the day Obama bent over the US more in one day than Bush did in 8 years? Another day where the US people lose more rights if you ask me.
Don't get me wrong I'm all about getting America back on track but how is this bill going to do that? Back in the 30’s? we built the Hoover Dam and had other big projects that helped get us out and is still doing something for the people to this day. Why don’t we use some of that money for Wind Farms or Ethanol/Alcohol plants. I’m sure there are plenty of projects that this bill could be used for to get the wheels rolling and create many jobs. But it looks more like a bill with things throw in to give the gov more power over us.
Right now 15% of the people in the US are unemployed. Think about when you were a kid and the teacher said look around X out of X of you will this. Well people look around you 1 out of 7 of you don’t have a job. Right now things are bad and it’s not just the poor people getting hit by this. My best friend who is a great architect was let go from his job in a massive cut back last year and is now doing temp jobs and will be done at the end of the month and will be collecting unemployment for the first time ever until he can line up another full time or temp job. I feel for him because he has a kid due in March but he is not your average person you see because he saved his money and paid off all his student loans right away and has money in the bank to live off of. But yet he and his wife have cut back where they don’t go out to eat on the weekends anymore. They don’t go catch a baseball/basketball/football game anymore they might go see a movie once every other month rather than every month. I’m happy that I was able to cut back two years ago by cutting up my credit cards and working on paying them off. To this day I'm living almost on paycheck to paycheck but I'm getting out of dept and see a light at the end of the tunnel. I could not imagine myself not being bankrupt if I hadn’t cut up my credit cards. Times are not easy right now and I can’t see how this bill is going to help us.
“Obama is spending our money like a chimp in a beat-off contest."
Don't get me wrong I'm all about getting America back on track but how is this bill going to do that? Back in the 30’s? we built the Hoover Dam and had other big projects that helped get us out and is still doing something for the people to this day. Why don’t we use some of that money for Wind Farms or Ethanol/Alcohol plants. I’m sure there are plenty of projects that this bill could be used for to get the wheels rolling and create many jobs. But it looks more like a bill with things throw in to give the gov more power over us.
Right now 15% of the people in the US are unemployed. Think about when you were a kid and the teacher said look around X out of X of you will this. Well people look around you 1 out of 7 of you don’t have a job. Right now things are bad and it’s not just the poor people getting hit by this. My best friend who is a great architect was let go from his job in a massive cut back last year and is now doing temp jobs and will be done at the end of the month and will be collecting unemployment for the first time ever until he can line up another full time or temp job. I feel for him because he has a kid due in March but he is not your average person you see because he saved his money and paid off all his student loans right away and has money in the bank to live off of. But yet he and his wife have cut back where they don’t go out to eat on the weekends anymore. They don’t go catch a baseball/basketball/football game anymore they might go see a movie once every other month rather than every month. I’m happy that I was able to cut back two years ago by cutting up my credit cards and working on paying them off. To this day I'm living almost on paycheck to paycheck but I'm getting out of dept and see a light at the end of the tunnel. I could not imagine myself not being bankrupt if I hadn’t cut up my credit cards. Times are not easy right now and I can’t see how this bill is going to help us.
“Obama is spending our money like a chimp in a beat-off contest."
Stock Market
Originally posted by sportsbettingman:
Basically I'm saying a high percentage of the conspiracy articles and videos are done with the motivation of opening minds and sharing knowledge that many/most people would never see if not for their research.
To discount their research and effort, or even worse...to ridicule it without disproving it yourself...is unwise.
~Lance Lance, I know guys like these personally. Some are just flat our delusional and ignore facts contrary to what they believe. Some are just angry at the government, or those for which the capitalist system worked better. Some just love to talk and sound smart. I don't know which of these or other apply to your videographers, but what they have in common are (a) show a lack of understanding on how some basic things work, (b) use quasi-truths to make an emotional appeal, (c) ignore and/or twist all relevant facts that would run counter to the points they are making.
You cannot make a decision and then go looking for facts and theories to support it (and expect to be taken seriously) - the research and fact-finding should come first which clearly is not the case with these guys. As to the money masters videos, it was such a joke I don't remember any "points" they were trying to make, but I think I did respond to you at the time I watched it.
Basically I'm saying a high percentage of the conspiracy articles and videos are done with the motivation of opening minds and sharing knowledge that many/most people would never see if not for their research.
To discount their research and effort, or even worse...to ridicule it without disproving it yourself...is unwise.
~Lance Lance, I know guys like these personally. Some are just flat our delusional and ignore facts contrary to what they believe. Some are just angry at the government, or those for which the capitalist system worked better. Some just love to talk and sound smart. I don't know which of these or other apply to your videographers, but what they have in common are (a) show a lack of understanding on how some basic things work, (b) use quasi-truths to make an emotional appeal, (c) ignore and/or twist all relevant facts that would run counter to the points they are making.
You cannot make a decision and then go looking for facts and theories to support it (and expect to be taken seriously) - the research and fact-finding should come first which clearly is not the case with these guys. As to the money masters videos, it was such a joke I don't remember any "points" they were trying to make, but I think I did respond to you at the time I watched it.
Stock Market
How about this Lance --- download the video on your laptop, bring it to Vegas, and you, I and all the NFBC's conspiracy theroists can watch it over a beer and I will go point-by-point to show you how it is manipulating facts and making up its own facts to manipulate emotions and prey on fears and beliefs - for as long as you can stand it. I don't think it will take you more than 10 minutes either, armed with some facts, to realize it is a load of propoganda. 
[ February 10, 2009, 12:03 PM: Message edited by: KJ Duke ]
[ February 10, 2009, 12:03 PM: Message edited by: KJ Duke ]
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sportsbettingman
- Posts: 3038
- Joined: Sun Jan 23, 2005 6:00 pm
- Contact:
Stock Market
Originally posted by KJ Duke:
How about this Lance --- download the video on your laptop, bring it to Vegas, and you, I and all the NFBC's conspiracy theroists can watch it over a beer and I will go point-by-point to show you how it is manipulating facts and making up its own facts to manipulate emotions and prey on fears and beliefs - for as long as you can stand it. I don't think it will take you more than 10 minutes either, armed with some facts, to realize it is a load of propoganda. I get your point. Both the creators of these videos and myself are too mis/uninformed to back up their claims.
I still get a large degree of information I believe are facts, and I actually do discount much of what is said, as well as look up and research what sites such as "Jordan Maxwell Exposed" has to say about Jordan Maxwell...not merely Jordan Maxwell's websites and videos.
What I DO get out of the videos...is information I'd NEVER see on TV. (Unless I get lucky and find the one time a documentary made it onto a public television station at 2am.)
I'm SICK of the lies and sick of the manipulation. I'm looking for answers and trying to filter through the crap. I've only begun to search for the "truth" and it's hard to trust ANYONE. Sucks how much people lie...it really does.
(No CHANCE of watching that stuff in Vegas!!!
)
Come visit me in NorCal.
~Lance
How about this Lance --- download the video on your laptop, bring it to Vegas, and you, I and all the NFBC's conspiracy theroists can watch it over a beer and I will go point-by-point to show you how it is manipulating facts and making up its own facts to manipulate emotions and prey on fears and beliefs - for as long as you can stand it. I don't think it will take you more than 10 minutes either, armed with some facts, to realize it is a load of propoganda.
I get your point. Both the creators of these videos and myself are too mis/uninformed to back up their claims.I still get a large degree of information I believe are facts, and I actually do discount much of what is said, as well as look up and research what sites such as "Jordan Maxwell Exposed" has to say about Jordan Maxwell...not merely Jordan Maxwell's websites and videos.
What I DO get out of the videos...is information I'd NEVER see on TV. (Unless I get lucky and find the one time a documentary made it onto a public television station at 2am.)
I'm SICK of the lies and sick of the manipulation. I'm looking for answers and trying to filter through the crap. I've only begun to search for the "truth" and it's hard to trust ANYONE. Sucks how much people lie...it really does.
(No CHANCE of watching that stuff in Vegas!!!
)Come visit me in NorCal.
~Lance
"The only reason for time is so that everything doesn't happen at once."
~Albert Einstein
~Albert Einstein
Stock Market
Originally posted by sportsbettingman:
I get your point. Both the creators of these videos and myself are too mis/uninformed to back up their claims.
Lance, Tim Geithner himself along with Obama and all of his advisors still are to an extent overwhelmed in how to remedy the situation. I don't see how anyone who hasn't worked in the markets extensively could hope to understand the situation with any degree of confidence.
Originally posted by sportsbettingman:
I still get a large degree of information I believe are facts ...
A little knowledge can be more dangerous than none at all.
Originally posted by sportsbettingman:
What I DO get out of the videos...is information I'd NEVER see on TV.
Because it would be hard to find a news producer who believes it is credible enough to be put on TV?
Originally posted by sportsbettingman:
I'm SICK of the lies and sick of the manipulation. I'm looking for answers and trying to filter through the crap.
Same here, Lance.
I get your point. Both the creators of these videos and myself are too mis/uninformed to back up their claims.
Lance, Tim Geithner himself along with Obama and all of his advisors still are to an extent overwhelmed in how to remedy the situation. I don't see how anyone who hasn't worked in the markets extensively could hope to understand the situation with any degree of confidence.
Originally posted by sportsbettingman:
I still get a large degree of information I believe are facts ...
A little knowledge can be more dangerous than none at all.
Originally posted by sportsbettingman:
What I DO get out of the videos...is information I'd NEVER see on TV.
Because it would be hard to find a news producer who believes it is credible enough to be put on TV?
Originally posted by sportsbettingman:
I'm SICK of the lies and sick of the manipulation. I'm looking for answers and trying to filter through the crap.
Same here, Lance.
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sportsbettingman
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Can I use the TRUMP card on you when looking at the European-Union...or do I have to wait until it's too late and we have a North American Union?
"The combining of national government started with the European Union...that union started with trade agreements, then a common currency..."The Euro"...and now a European parliament that is feverishly passing laws that override the laws of the member nations."
"Now it's North America's turn...building on the North American Free Trade Agreement (NAFTA), the NAFTA section of the commerce department is busy drafting laws and regulations for a North American Union...a union of Canada, America and Mexico."
~Stan Jones (Montana)
I know this isn't your territory...but these are the issues I worry about.
~Lance
[ February 11, 2009, 12:33 AM: Message edited by: sportsbettingman ]
"The combining of national government started with the European Union...that union started with trade agreements, then a common currency..."The Euro"...and now a European parliament that is feverishly passing laws that override the laws of the member nations."
"Now it's North America's turn...building on the North American Free Trade Agreement (NAFTA), the NAFTA section of the commerce department is busy drafting laws and regulations for a North American Union...a union of Canada, America and Mexico."
~Stan Jones (Montana)
I know this isn't your territory...but these are the issues I worry about.
~Lance
[ February 11, 2009, 12:33 AM: Message edited by: sportsbettingman ]
"The only reason for time is so that everything doesn't happen at once."
~Albert Einstein
~Albert Einstein
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sportsbettingman
- Posts: 3038
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- Contact:
Stock Market
There was a time in my youth when I thought that the John Lennon song 'Imagine" was amazing.
Now I have aged a bit and learned a bit, and hate that song. It sounds like Big Brother's Plan.
Imagine there's no heaven
It's easy if you try
No hell below us
Above us only sky
Imagine all the people
Living for today...
Imagine there's no countries
It isn't hard to do
Nothing to kill or die for
And no religion too
Imagine all the people
Living life in peace...
You may say I'm a dreamer
But I'm not the only one
I hope someday you'll join us
And the world will be as one
Imagine no possessions
I wonder if you can
No need for greed or hunger
A brotherhood of man
Imagine all the people
Sharing all the world...
You may say I'm a dreamer
But I'm not the only one
I hope someday you'll join us
And the world will live as one
It sounds all sweet and beautiful...until you wake up and have nothing, and they have stripped away your families culture and religion, and you are just a cog in their machine with no reason to resist.
From what little I have gathered on how to resist a "New World Order"...one main thing is to keep sovereign states and their ideals and powers, and to not overrun them. When they sweep states and/or small countries up like dust...you must fight for those states and small countries!!!
~Lance
[ February 11, 2009, 01:20 AM: Message edited by: sportsbettingman ]
Now I have aged a bit and learned a bit, and hate that song. It sounds like Big Brother's Plan.
Imagine there's no heaven
It's easy if you try
No hell below us
Above us only sky
Imagine all the people
Living for today...
Imagine there's no countries
It isn't hard to do
Nothing to kill or die for
And no religion too
Imagine all the people
Living life in peace...
You may say I'm a dreamer
But I'm not the only one
I hope someday you'll join us
And the world will be as one
Imagine no possessions
I wonder if you can
No need for greed or hunger
A brotherhood of man
Imagine all the people
Sharing all the world...
You may say I'm a dreamer
But I'm not the only one
I hope someday you'll join us
And the world will live as one
It sounds all sweet and beautiful...until you wake up and have nothing, and they have stripped away your families culture and religion, and you are just a cog in their machine with no reason to resist.
From what little I have gathered on how to resist a "New World Order"...one main thing is to keep sovereign states and their ideals and powers, and to not overrun them. When they sweep states and/or small countries up like dust...you must fight for those states and small countries!!!
~Lance
[ February 11, 2009, 01:20 AM: Message edited by: sportsbettingman ]
"The only reason for time is so that everything doesn't happen at once."
~Albert Einstein
~Albert Einstein
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Liquidhippo
- Posts: 357
- Joined: Wed May 12, 2004 6:00 pm
- Contact:
Stock Market
Lance, I have to throw out an amen for that one. I've always hated that song. Can't stand it....and I thought I was the only one.
Stock Market
Yesterday was an interesting one for the market. A combination of sell the news (Geithner), disappointment in the news (also Geithner), along with a needed correction for overbought technical indicators, crushed the market.
But has anyone noticed a change in the market's character? Classic bear market rallies are fast 1-2 day moves within a relentless downward grinding market. Yesterday, we had a sharp one-day decline within a market that has been grinding higher. So yesterday was the opposite of a typical bear market rally, it was instead consistent with a bull market correction.
When was the last time you heard anyone say "buy the dip"? That no one is saying it is a good thing.
[ February 11, 2009, 10:16 AM: Message edited by: KJ Duke ]
But has anyone noticed a change in the market's character? Classic bear market rallies are fast 1-2 day moves within a relentless downward grinding market. Yesterday, we had a sharp one-day decline within a market that has been grinding higher. So yesterday was the opposite of a typical bear market rally, it was instead consistent with a bull market correction.
When was the last time you heard anyone say "buy the dip"? That no one is saying it is a good thing.
[ February 11, 2009, 10:16 AM: Message edited by: KJ Duke ]
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Navel Lint
- Posts: 1723
- Joined: Thu Mar 29, 2007 6:00 pm
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Stock Market
Originally posted by KJ Duke:
Yesterday was an interesting one for the market. A combination of sell the news (Geithner), disappointment in the news (also Geithner), along with a needed correction for overbought technical indicators, crushed the market.
But has anyone noticed a change in the market's character? Classic bear market rallies are fast 1-2 day moves within a relentless downward grinding market. Yesterday, we had a sharp one-day decline within a market that has been grinding higher. So yesterday was the opposite of a typical bear market rally, it was instead consistent with a bull market correction.
When was the last time you heard anyone say "buy the dip"? That no one is saying it is a good thing. I hope your right about the possible early signs of a bull market, however to say the market is trending up seems to only be a measure of sample size. The Dow, NASDAQ, and S&P were all still below Jan 2nd levels before yesterday’s drop.
Yesterday was an interesting one for the market. A combination of sell the news (Geithner), disappointment in the news (also Geithner), along with a needed correction for overbought technical indicators, crushed the market.
But has anyone noticed a change in the market's character? Classic bear market rallies are fast 1-2 day moves within a relentless downward grinding market. Yesterday, we had a sharp one-day decline within a market that has been grinding higher. So yesterday was the opposite of a typical bear market rally, it was instead consistent with a bull market correction.
When was the last time you heard anyone say "buy the dip"? That no one is saying it is a good thing. I hope your right about the possible early signs of a bull market, however to say the market is trending up seems to only be a measure of sample size. The Dow, NASDAQ, and S&P were all still below Jan 2nd levels before yesterday’s drop.
Russel -Navel Lint
"Fans don't boo nobodies"
-Reggie Jackson
"Fans don't boo nobodies"
-Reggie Jackson