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B4 The Bell - Friday


Guest Icky Twerp

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A priest is in a church on Saturday afternoon, hearing confessions...

 

A man walks in and kneels down - father, it has been two weeks since my last confession - these are my sins. Last night I had sex with Nookie Green.

 

That is your sin?

 

Yes.

 

You are forgiven. Go out and say one Our Father. The man leaves.

 

Soon, another enters and kneels. Father, it has been one month since my last confession. These are my sins. I have had sex with Nookie Green every week for the last month.

 

The priest thinks to himself this Nookie Green woman is fairly popular with his male parishioners...

 

Those are your sins?

 

Yes.

 

You are forgiven. Go out and say three Hail Marys. The man leaves.

 

Soon, another enters and kneels down. Father, it has been six months since my last confession. These are my sins - I have had sex with Nookie Green twice a week for the last six months.

 

This time, priest has to ask - Who is this Nookie Green? Just a woman I know.

 

Very well - you are forgiven. Go out and say ten Hail Marys. The priest closes the church for the evening and leaves wondering who

 

this Nookie Green woman is...

 

The next morning, the priest is up in front of his congregation giving the sermon. The doors fly open in the back of the church and in walks this woman, a tall redhead with long gorgeous hair, a green sequin dress, green sequined heels and a green hat with a long green feather coming from it. She walks straight up the aisle and sits down right in front of the priest, her knees apart. The priest cannot help but stop and stare.

 

He finally catches himself and leans over to ask the altar boy -

 

Pssssst. Is that Nookie Green?

 

The altar boy has a look and says, "No, I think it's just the reflection off her shoes."

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Stormy like Sled said welcome!~ ;)

Thanks Brian, might learn a few things hangin' around here. Good group of people and good sense of humor, that's a must in this market environment, otherwise a guy could go stark raving mad. :o :D

 

 

An Irish girl went to London to work as a secretary and began sending home

money and gifts to her parents. After a few years, they asked her to come

home for a visit, as her father was in failing health. She pulled up to the

family cottage in a Rolls Royce and stepped out wearing fur and diamonds. As

she walked in the house her father remarked, "Well lass, they seem to be

paying secretaries awfully well in London!" The girl took his hands and

cried, "Da--I've been meaning to tell you something for years but I didn't

want to put it in a letter. I can't Hide it from you any longer...... I've

become a prostitute. Her dear old father gasped, put his hand over his heart

and keeled Over. The doctor was called but the old man had clearly lost the

will to live. He was put to bed and the priest was called. As the priest

began to administer Extreme Unction, with the mother and daughter weeping

and wailing bedside, the old man muttered weakly, "I'm a goner--killed by me

own daughter! Killed by the shame of what you've become!"

 

"Please forgive me," his daughter sobbed. "I only wanted to have nice

things. I wanted to be able to send you money and the only way I could do

that was by becoming a prostitute."

 

Brushing the priest aside, the old man sat bolt upright in bed, smiling.

"Did you say PROSTITUTE?!! I thought you said PROTESTANT."

 

 

I'm Irish and that story might be true.. :D

 

Regards

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Brian,

 

Appreciate your insight on Canadian's medical coverage. I have been retired for the past 3 years and my coverage is over $400. And getting them to pay is a nightmare. I have medical bills going on 10 months still not paid. And this is Anthem Blue Cross/ Blue Shield

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On a serious note - Noam Chomsky on C-Span now - worth hearing.

Could you please recap tommorow (or find a link)?

 

Not quite the same as Chomsky but I've asked my local library to get this book - Title: The sorrows of empire : militarism, secrecy, and the end of; Author: Johnson, Chalmers A. Publication Info: New York : Metropolitan Books, 2004. Interesting theory about the US government is building a military/oil complex/empire around the world.

 

The Sorrows of Empire : Militarism, Secrecy, and the End of the Republic [The American Empire Project ]

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A look inside the matrix at the derivative monster in the belly of the beast. From yesterdays WSJ an article entitled "Fed moves to treat Fannie, Freddie and other GSE's as businesses-The Federal Reserve has moved to strip GSE's of their ability to obtain daily interest free loans from the Fed. The change will cost GSE"s tens of millions of $ annually." The article then notes "up to now the Fed has been allowing firms like Fannie and Freddie to have interest FREE loans for as long as 9 hours on BOND payments of as much as $145 Billion a day." My take is the Fed knows these Companies are tits up and as a first step have taken the puch bowl away, the second step will be the Goobermint doing away with its guarantee of the Bonds issued by the GSE"s. What a freakin joke making Bond payments with free fed money up to $145 Billion a day! ;)

Even constantly reading about the GSEs I am still shocked about this highly valuable free benefit (subsidy) given to them. They are a public corporation already trading on the illusion they are too big to fail and will always be baild out by Uncle Sam. No other even large bank could ever get away iwth something like this.

 

BTW - The G-7 meeting didn't change my view about the US$ one bit, it will just continue going down. Against the yen and renembi, I can not ven envision the smallest rally. I said Thursday even the smallest move over 106 yen will fair and it did in only a few hours. Remember the Japanese, half the size of the US, does not have unlimited savings and can not support the$ much longer. Does that mean tommorow they give up - no - but ther is a point where all the savings sent to the US will be too much and they will have to stop the intervention.

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When the US is diagnosed with a terminal disease, the rest of the planet, other than a few more isolated pockets, may as well order their own caskets. Our fantasy land digital financial economy has infected the entire planet. There is no immunity for this disease nor is there any known cure. The symptoms can be "treated" and perhaps the life extended slightly, but the funeral will still occur.

 

As to the mourning of the loss of intellectual property rights. Well most of those went out the window with the creation of the internet. A couple of years ago I said the Chinese would soon be a major force in chip production. They were quietly buying up fabs and moving them to the mainland. The planet will soon be awash in chips of all types as initially they will begin to supply their own production reducing demand from foreign sources and eventually they will export those chips. I wouldn't be a big buyer of chip futures. Or MU, INTC, AMD, etc, etc. Right now they are probably also busy copying the machinery required by the fabs, so right on up the chain the chip industry is doomed to the low cost supplier mentality.

Fine summary yobob.

 

I think you have the handle on the future depression.

 

For most of the last 100 years, up only until the last few, home prices in New Jersey were more or less closely related to a multiple of disposable income. Now they are 50% higher than the highest prior ratio - kind of like saying the PE of the market is 50% higher than anytime in the last century.

 

Either we are eventually heading for a big drop in real estate prices, or some new type of greatly accelerated inflation to bring up income. At small amount of inlfation will not bring up incomes enough. Otherwise sometime in the next few years many home owners will be underwater (mortgage higher than value).

 

Also the Chinese have messed up many bank loans, but I still get the general impression wasteful use of credit still does not come close to the vast scale we are currently experiencing in the US the last five years. Doesn't mean that China will always do well, indeed they will suffer greatly in a US depression, but they might actaully be better off than the US in the next world depression.

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There is no limit to the amount of Yen that the BOJ can create to buy dollars and then recycle those dollars back into treasuries. There is no limit.

 

Eventually it will fail, but right now there is no limit. More to the point, there is no way to predict when the will to create an unlimited amount of Yen will waver.

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