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Post by sportsbettingman » Thu Feb 12, 2009 4:30 am

What's the over under on when the word/number "QUADRILLION" is spoken on the major news networks in reference to debt/budget/whatever???



10 years? 15 years?



It's coming.



From what I gathered...(Like Tropic Thunder :D )



It's better to "pump the brakes" and save more, yet spend a bit to keep business from going out, rather than slamming on the brakes, and not spending on anything that's not absolutely necessary.



Small purchase at bookstore and Best Buy planned for today...just to give them hope!



~Lance
"The only reason for time is so that everything doesn't happen at once."

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Post by King of Queens » Thu Feb 12, 2009 5:33 am

Originally posted by sportsbettingman:

What's the over under on when the word/number "QUADRILLION" is spoken on the major news networks in reference to debt/budget/whatever???



10 years? 15 years?



It's coming.



From what I gathered...(Like Tropic Thunder :D )



It's better to "pump the brakes" and save more, yet spend a bit to keep business from going out, rather than slamming on the brakes, and not spending on anything that's not absolutely necessary.



Small purchase at bookstore and Best Buy planned for today...just to give them hope!



~Lance A quadrillion is 1,000 times a trillion. That's quite a big number. Even so Lance, you may be onto something here. When I read "The Trillion Dollar Meltdown" several months before there actually WAS a trillion dollar meltdown, the figure seemed almost preposterously high. Fast forward to today, and we're throwing around the word billion like it's chump change.



I'll say this: if you're right, we may as well start burning our cash for fuel and change our name to The Weimar Republic II.

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Post by King of Queens » Thu Feb 12, 2009 5:37 am

Originally posted by sportsbettingman:

Small purchase at bookstore and Best Buy planned for today... Baseball magazine and the new Kelly Clarkson CD?

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Post by KJ Duke » Thu Feb 12, 2009 6:04 am

Originally posted by King of Queens:

quote:Originally posted by sportsbettingman:

Small purchase at bookstore and Best Buy planned for today... Baseball magazine and the new Kelly Clarkson CD? [/QUOTE]I'm guessing Alan Greenspan's Turbulence, and "Sounds of Nature" to fall asleep to.

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Post by DOUGHBOYS » Thu Feb 12, 2009 6:22 am

Liars and Thieves - Steven Coonts



The answer is Blowin' in the Wind- Bob Dylan
On my tombstone-
Wait! I never had the perfect draft!

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Post by sportsbettingman » Thu Feb 12, 2009 6:33 am

:D :D :D



Nice guesses! (Turbulence) sounds a lot like my last name first, first name last. (old nickname).



I already have the "book on cd/audiobook" The Age of Turbulence...but fell asleep to it. Maybe that makes it the double whammy!



Fingered through the Bill James 2009 Handbook, but passed.



Looked through the endless economy, business, and investing areas of the bookstore...but didn't pull the trigger.



Wound up buying two books I hadn't planned...



Book #1...



"Fidel Castro" (La historia me absolvera) by Claudia Furiati. Yikes...over 700 pages in spanish! (my wife can read it first, but the guy is interesting IMO.)



Book #2...



"Hey Rube" (Blood Sport, the Bush Doctrine, and the Downward Spiral of Dumbness) by Hunter S. Thompson (written the year before he passed on.)



I'll dig into that tonight!



~Lance
"The only reason for time is so that everything doesn't happen at once."

~Albert Einstein

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Post by sportsbettingman » Thu Feb 12, 2009 7:41 am

Originally posted by DOUGHBOYS:

Liars and Thieves - Steven Coonts



The answer is Blowin' in the Wind- Bob Dylan WOW!



What a coincidence!



Right on the second page of the Author's Note...



"How long, O lord, how long? This blizzard of shame is getting a little old, isn't it? Just how low do we have to fall before the voters catch on?

Indeed. How many times can a man be robbed...on the same street, by the same people...before they call him a Rube? Bob Dylan said that, in a tattered old song called "Blowin' in the Wind." Read it and weep, your poor bastards...because Dylan was yesterday, and George Bush is now.

That is a morbid observation, at best, and we are all stuck with it. The 2004 presidential election will be a matter of life or death for the whole nation. We are sick today and we will be even sicker tomorrow if this wretched half-bright swine of a president gets re-elected in November. Take my word for it. Mahalo."



~Lance
"The only reason for time is so that everything doesn't happen at once."

~Albert Einstein

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Post by GoBabyGo » Thu Feb 12, 2009 8:21 am

Hi Lance,



If you are interested in a GREAT not good Book you might want to try this one. They caused the problem and now they will with their other CB's create the global solution. You should start to be hearing alot of that word "GLOBAL" lately on the Mainstream Media. USA National soverignity

is out the window as the Constitution (uphold and defend) is getting shreddred. Unreal.



http://www.bigeye.com/griffin.htm
GoBabyGo

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Post by sportsbettingman » Thu Feb 12, 2009 8:33 am

Ha!!! I absolutely love Hunter...can't put it down!



"New Rules for Baseball...



By Hunter S. Thompson

Page 2 columnist





Hi, folks. My name is Thompson, and I don't have much space for this high-speed presentation, so let's get started and see how tight we can make it. My job is to devise a whole new set of rules and concepts to shorten the time it takes to play a game of Major League BASEBALL, or any other kind.



Everybody agrees that Baseball games Must be shortened, but nobody is really Working on it. ... And meanwhile, the games get longer and longer. The good old "meat in the seats" argument won't work after midnight, when the seats are mainly Empty, and TV networks get nasty when they start having to refund money to advertisers when the ratings sink lower and lower. Pro wrestling and golf are bigger draws than baseball games. ... I have not been to a live baseball game in 20 years, and I hope I Never see another one. Not even the New Rules would drag me back to the Ballpark -- but I am a Doctor of Wisdom, a professional man, and some of my friends in the Business have asked me to have a look at this problem, which I have, and this is my solution, for good or ill.



I am keenly aware of the angst and bitter squabbling that will erupt when somebody tries to screw with the National Pastime. ... But it must be done, and if I don't do it somebody else will. So here's the plan.



ELIMINATE THE PITCHER: This will knock at least one hour off the length of a game, which is now up to 3:42. One World Series game took five hours and 20 minutes, which is unacceptable to everybody except the Pitchers. Yes. ... So we will ELIMINATE THE PITCHERS, and they won't be missed. Pitchers, as a group, are pampered little swine with too much money and no real effect on the game except to drag it out and interrupt the action.



“ Not even the New Rules would drag me back to the Ballpark -- but I am a Doctor of Wisdom, a professional man, and some of my friends in the Business have asked me to have a look at this problem, which I have, and this is my solution, for good or ill. ”

— HST



LIMIT ALL GAMES TO THREE (3) HOURS: Like football and basketball and hockey, the Baseball game will end at a fixed time. THE SCORE, at that moment, WILL BE FINAL, based on an accumulation of TOTAL BASES IN 3 hours.



ALL BASE-RUNNERS MAY RUN TO ANY BASE (but not backward) -- First to Third, Second to Home, etc. And with NO PITCHER in the game, this frantic scrambling across the infield will be Feasible and Tempting.



ALL "PITCHING", by the way, will be done by a fine-tuned PITCHING MACHINE that pops up out of the mound, delivers a remote-controlled "pitch" at the batter, and then drops back out of sight, to free up the whole infield for running. ... If a batter hits a home run with the bases loaded, for instance, his team will score 16 total bases (or 16 points). But, if it's 3 up and 3 down in an inning, that team will score Zero points.



Think of 22-5, perhaps, or 88-55. Yes sir, we will have Huge scores and constant speedy action for three straight hours.



The heroes of the game will be CATCHERS, not Pitchers. The CATCHER will dominate the game and be the highest-paid player. ... With no Pitcher and no Mound to disrupt the flow, runners on base will be moving at the crack of the bat, and it will be the catcher's job to shut them down or pick them off whenever possible. Foot-speed and a bazooka throwing arm will be paramount. ... There will be no more of this bull about Bullpens and Managers scratching their heads on TV for hours on end, no more lame pick-off throws to first, no more waving off signs and agonized close-ups while pop fouls bounce off the roof.



No, there will be no such thing as a base on balls. Each batter will get five "pitches" from the robot -- only FIVE (5) and if he doesn't get a hit by then, he is Out. ... And the CATCHER will control the kind of drop or curve or speed he wants the machine to throw. And it will obey.



Those damn pitching machines can put a Slider past you at 98 miles an hour five times in a row, with no problem. They can throw hideous wavering knuckleballs and half-moon curves -- all depending and according to what the CATCHER wants to dial up on his remote-control unit. He can even order that the batter be whacked in the ribs by a 102-mph fastball, although that will cost his team TWO (2) bases, instead of one. And you won't want to have some poor Cuban drilled in the ribs when you're nursing a 31-30 lead.



OK, folks, that's it for now. I am already late, and I have written too many words -- but the Concept is sound, I think, and there is a clear and desperate Need for it. ...



Next spring ESPN will put my theories to the test by sponsoring a series of "New Rules" baseball games in New York, Chicago, Omaha and Seattle, among others. ...Tickets will be sold and big-time sports talent will be employed. The success or failure of these Games will determine the fate of Baseball in America.



Purists will bitch and whine, but so what? Purists will Always bitch and whine. That is their function. Res Ipsa Loquitor.



HST, 11-6-2000
"The only reason for time is so that everything doesn't happen at once."

~Albert Einstein

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Post by GoBabyGo » Thu Feb 12, 2009 9:05 am

By the way for all you non believers of the Plunge Protection Team isn't amazing the Dow down 241pts at 3:00pm miracleously ROCKETS/SPIKES to close down only 7 pts. WOW Check that spike out! On no news, amazing.



Yeah I must be nuts to think someone could be manipulating the markets.



goto yahoo finance see the chart



[ February 12, 2009, 03:07 PM: Message edited by: GoBabyGo ]
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Post by KJ Duke » Thu Feb 12, 2009 9:09 am

Originally posted by GoBabyGo:

By the way for all you non believers of the Plunge Protection Team isn't amazing the Dow down 241pts at 3:00pm miracleously ROCKETS/SPIKES to close down only 7 pts. WOW Check that spike out! On no news, amazing.



Yeah I must be nuts to think someone could be manipulating the markets.



goto yahoo finance see the chart It rallied on news, and you are nuts. :D



Smallcaps led the way, up on the day.

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Post by GoBabyGo » Thu Feb 12, 2009 9:16 am

Duke thanks for the compliment, now please tell what was the news or so called RUMORS/WHISPERS? Thanks in advance.
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Post by GoBabyGo » Thu Feb 12, 2009 9:27 am

Duke,



By the way since you keep insisting that the (PPT) does not exist why is it posted on the Tresury's website? The official name NKA "President's Financial Working group"



http://www.treas.gov/offices/domestic-f ... et-policy/



P.S. Wouldn't it be in the best interest of the PPT to artificially prop the markets higher to maintain ASSET values propped up because of the declining house prices and more Hedgies and Derivatives from blowing up. I am wrong?



[ February 12, 2009, 03:28 PM: Message edited by: GoBabyGo ]
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Post by KJ Duke » Thu Feb 12, 2009 9:58 am





[ February 12, 2009, 04:09 PM: Message edited by: KJ Duke ]

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Post by KJ Duke » Thu Feb 12, 2009 10:04 am

Originally posted by GoBabyGo:

Duke,



By the way since you keep insisting that the (PPT) does not exist why is it posted on the Tresury's website? The official name NKA "President's Financial Working group"



http://www.treas.gov/offices/domestic-f ... et-policy/



P.S. Wouldn't it be in the best interest of the PPT to artificially prop the markets higher to maintain ASSET values propped up because of the declining house prices and more Hedgies and Derivatives from blowing up. I am wrong? PPT - Where did I insist on that? Call whoever, whatever you want, I've already said Obama will throw everything he can at the economy to stabilize it. And we all know he has put together a big advisory team to help him do just that.



And we got more of that today - the rally came from new plan to help homeowners.



And yes, it is in the best interests of all involved for asset prices to stabilize - but the nature of markets and prices is that they are driven by psychology and expectations, so what exactly constitues artificial and how is that different from any day or year in the stock market?

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Post by GoBabyGo » Thu Feb 12, 2009 10:15 am

What constitutes artificial is basically in my opinion using TARP or taxpayer money to buy the INDEXES via the PPT and its blackboxes.



So after we use one card credit we will max out the next and then the next (Tarp 1 and 2 and next 3 is probably coming before the world rises up and says NO MAS ) so you promote this ponzi type of scheme so INVESTORS (little people with 401k's) can get hoodwinked because it creates the illusion that the MARKET is doing great so step right up and dive in with 2 feet don't be scared. (The market is only doing great because of the constant PPT prop job otherwise where would the S&P and Dow be? Below 5,000? Probably imho.



Duke sorry to disappoint you, Wall St is not the economy Main St is. Without Main St. their is NO WALL ST. And Main St never needed Wall St. Before Wall ST America operated and prospered just fine we actual MADE THINGS! Now we make CDO's , ponzi scheme's and promote the use of massive credit to CONSUME things to become debt slaves. While the criminals are never charged only rewarded. (i.e. Milken imho)Where did we go wrong?



P.S the new plan ? More jaw boning to use as cover so the PPT can continue to pump it until Option expiration next week imho. Then who knows imho



[ February 12, 2009, 04:26 PM: Message edited by: GoBabyGo ]
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Post by KJ Duke » Thu Feb 12, 2009 10:49 am

You're a great spokesman for the conspiracy theory crowd.



They should put you on their PPT (Propoganda Payroll Team).




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Post by GoBabyGo » Thu Feb 12, 2009 11:05 am

LMAO that was good.



Again thanks for the compliment however, I like to see myself as a critcial thinker.
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Post by sportsbettingman » Thu Feb 12, 2009 11:13 am

KJ...



How much money would there be in circulation if everyone paid off their debt?



~Lance



[ February 12, 2009, 05:14 PM: Message edited by: sportsbettingman ]
"The only reason for time is so that everything doesn't happen at once."

~Albert Einstein

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Post by KJ Duke » Thu Feb 12, 2009 11:24 am

Originally posted by sportsbettingman:

KJ...



How much money would there be in circulation if everyone paid off their debt?



~Lance One quadrillion.

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Post by sportsbettingman » Thu Feb 12, 2009 12:07 pm

Originally posted by KJ Duke:

quote:Originally posted by sportsbettingman:

KJ...



How much money would there be in circulation if everyone paid off their debt?



~Lance One quadrillion.
[/QUOTE]HAAAA!!!! lol



:D ~Lance
"The only reason for time is so that everything doesn't happen at once."

~Albert Einstein

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Post by Gordon Gekko II » Fri Feb 13, 2009 12:46 am

“Even if you don’t lose your job you’re less likely to go out and spend, because you’re more likely to be worried about your job,” said Mark Vitner, a senior economist at Wachovia Corp. in Charlotte, North Carolina. “Job cuts are going to continue right into 2010.”



with consumers not going to bring the economy back, the government is trying to substitute its spending in place of the consumers to prop up a PRETEND economy. once the government is bankrupt (i think they are already), the US will have no more bullets to fire and will be DEAD BROKE.



A government run society / police state of some sort is getting closer each day. so is "V for Vendetta"

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Post by Gordon Gekko II » Fri Feb 13, 2009 1:05 am

I must be in the minority of US consumers. I must be HATED by big bankers...



1. ~7 years ago, I purchased a home (30 year mortgage) that was well under the "maximum limit" my bank said I could afford. ~3/4 years ago, I refinanced at a lower rate AND a term of 15 years. before this economic collapse, I was going to shorten the term to 5 years, but i will play it cautious and see if my water delivery job is still there come the end of the year.



2. I've driven the same vehicle for 6 years, and i will continue to drive it until it fails. (i've already had to put a new tranny in it last year)



3. I have ZERO in credit card debt. In fact, I don't have a credit card. They only lead to bad things, and I cut up the only one I had years ago.



my goal is to be entirely liquid before I turn 40 years old, all on a water delivery boy salary.

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Post by GoBabyGo » Fri Feb 13, 2009 2:19 am

Originally posted by Gordon Gekko II:

“Even if you don’t lose your job you’re less likely to go out and spend, because you’re more likely to be worried about your job,” said Mark Vitner, a senior economist at Wachovia Corp. in Charlotte, North Carolina. “Job cuts are going to continue right into 2010.”



with consumers not going to bring the economy back, the government is trying to substitute its spending in place of the consumers to prop up a PRETEND economy. once the government is bankrupt (i think they are already), the US will have no more bullets to fire and will be DEAD BROKE.



A government run society / police state of some sort is getting closer each day. so is "V for Vendetta" "V for Vendetta" best movie ever made imho. The parallels are amazing and yet this was a comic written in the early 1980's. AWESOME MOVIE.



Also the movie "SHOOTER" with Mark Wahlberg shows how corrupt these congress critters really are. Smile in the camera while they are up to no good.
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Post by Gordon Gekko II » Fri Feb 13, 2009 2:36 am

Originally posted by GoBabyGo:

quote:Originally posted by Gordon Gekko II:

“Even if you don’t lose your job you’re less likely to go out and spend, because you’re more likely to be worried about your job,” said Mark Vitner, a senior economist at Wachovia Corp. in Charlotte, North Carolina. “Job cuts are going to continue right into 2010.”



with consumers not going to bring the economy back, the government is trying to substitute its spending in place of the consumers to prop up a PRETEND economy. once the government is bankrupt (i think they are already), the US will have no more bullets to fire and will be DEAD BROKE.



A government run society / police state of some sort is getting closer each day. so is "V for Vendetta" "V for Vendetta" best movie ever made imho. The parallels are amazing and yet this was a comic written in the early 1980's. AWESOME MOVIE.



Also the movie "SHOOTER" with Mark Wahlberg shows how corrupt these congress critters really are. Smile in the camera while they are up to no good.
[/QUOTE]you do know that the "government's spending" is really coming from our sons/daughters wallets. they are just robbing from the future to pay the current. aka ponzi scheme.

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