B4 the Bell Weak End Tread

[machinehead]

This is more socialistic than anything even Kerry or Hillary can come up with.

Right.

 

Strip off the phony 'conservative' patina on a couple of social issues (where 'talk is cheap'), and it's evident that Bushco is a vicious gang of dirigiste socialist looters.

 

Conservatism died with isolationism 65 years ago.

[Guest]

In the name of democracy and freedom, the US is subsudizing the entire Iraq government appartatus and infastructure. Without 'reconstruction' - and oil field improvements - it costs about $15 billion a year to run Iraq. Oil revenue would probably not even reach $15 billion per year without major improvements. Essentially the government of Iraq can not sustain itself without oil going to about $100 in current dollar terms.

 

Had the neocons worked in private industry, they would have been fired long ago for their terrible planning and predictions concering Iraq. Yet GWB has fired no one and has hardly cast any blame on those making the worse decisions.

 

This is more socialistic than anything even Kerry or Hillary can come up with.

 

Many sheeple are operating under the (false) premise that the tax-cuts of 2001/2002

are permanent.

 

This is only true if the Congress acts to make those cuts permanent. Should this not

be the case, many will be stung by the AMT.

 

IMO, Congress will not act and we schmoo's will pay the FULL TAB in Iraq.

[Butterfield 8]

MH - agree about gold in 2009. any ideas on how to make money NOW?

[lineup32]

I'm thinking of leaving, and one of the reasons is a moral/ethical one.? I do not wish to expend my energy and labor inside a country whose govt uses its tax revenue to build murder machines and send troops and spooks around the globe to murder women and children.? That reason alone is enough to leave, IMO.

One might also observe that though there were some internal resistance movements, the European fascism of the 1940s was decisively ended by an external invasion, assisted by some expatriates who had left their hijacked native countries to counter the usurper governments.

 

Nationalism can be an arbitrary and abstract construct. People have many valid reasons for living in many places in the world. It can't all be fit into a one-dimensional framework of "loyalty to the country of one's birth." We each have our role to play.

I don't know who's coming or going but whatever one chooses they need to stay warm this winter, any cold weather stock ideas?

[brian4]

Making money over time is how you do it, by carefully accumulating for the long term good gold stocks with large reserves I own GG, AEM, ASA (a closed end gold fund) and PDG (the most undervalued on the planet) and physical (I prefer coins i.e. Maples) and by again over time good Oil and NG stocks-SU, ECA, Murphy oil and others, Uranium stocks-Cameco is the Big Daddy and some Juniors and on the fertilizer side-POT. For trading I stick to the Spoo's and Cubes-they are liquid and allow fast entry and exit and no I won't go long on the indicies other than on a straddle. Sure I will short individual stocks but not often and there are some good Bonds still out there and some good trusts in Oil and Coal-such as Oil Sands and Fording!

[brian4]

The NY Times is running a story about Japanese regulators shutting down the 4 Private Banking branches of Citi Bank in Japan for a series of serious offences including fraud and theft and derivative manipulation, in the article they also report Shitty Bank is in deep doo in Europe for currency and Bond manipulation-have a read-to me this clearly indicates the derivative ponzi scheme is unraveling fast.

[NWD]

"The actions cited included failing to put in effect measures to prevent money laundering, overcharging customers for financial derivative products and making loans that helped clients carry out a variety of improper deals, regulators said."

 

"Japan Shuts Unit Of Citibank, Citing Violations" by Todd Zaun, 18 September 2004.

 

http://www.nytimes.com/2004/09/18/business...ess/18citi.html

[Butterfield 8]

thanks for the citi news. Brian - I have been in your list of Can. energy trusts and coal for a few years.- ever since you first mentioned them here. but the run up has been extreme. do you still think they are fairly valued here? I am nervous about putting in new money

[brian4]

Butters- SU and ECA in my view are undervalued not overvalued. As to the others I would buy any pullbacks should they occur!

[NWD]

There's a geopolitical trend emerging which, in my opinion, will have a huge effect on financial markets that is, as of yet, little reported within the USA.

 

I'm talking about the hardening of Russian attitudes toward the USA and UK.

 

PruBear Chat this a.m. had a posting that quoted a potpourri of European and Russian sources quoting Pres. Putin as blaming the slaughter at that school in North Ossetia on Washington and London.

 

There are attributed to Pres. Putin statements to the effect that the Washington has adopted the same attitude toward Russia that Rome held for Carthage.

 

That ought to warrant six inch banner headlines in every newspaper in the country. Won't get them, though.

 

http://www.prudentbear.com/bearschat/bbs_r...r=1&sb=1&snsa=A

 

It seems to me that the official story, over here, still is that Russia is one of our numerous allies and that Pres. Bush and Pres. Putin see eye-to-eye on matters of importance and personal friends to boot. I suspect that in this, as in so many other matters, the official story is rubbish.

[brian4]

An on the money quote -"There are a lot of things weighing heavily on the shoulders of this market. Sky-High Oil, a massive Import/Export deficit, expanding National Debt, a tremulous Fed, weak employment and poor profit forecasts. On the other side of the scale is a small group of men desperate to retain POWER. To achieve this they MUST see to it that the market remains up over the next few weeks, a collapse at this juncture would spell DISASTER to both them and their sponsors.".....Adam Lass Editor of the Wavestrength Report ...he goes on to state how they are doing it by buying the Dow 30 and as to can they do it? He thinks NOT and so do I!

[brian4]

NWD- Putin is turning Russia back into a Dictatorship as per the famous quote of Boris Solzinitsen at the time of Russia's experiment with Democracy.." Every 100 years Russia has a spring...but soon again it will be WINTER." Drudge has a link to a superb article in the Moscow Times whereby Gorbachev and Yeltsin both warn that Putin is poised to crush Democracy and freedom in Russia

[The End]

An on the money quote -"There are a lot of things weighing heavily on the shoulders of this market. Sky-High Oil, a massive Import/Export deficit, expanding National Debt, a tremulous Fed, weak employment and poor profit forecasts. On the other side of the scale is a small group of men desperate to retain POWER. To achieve this they MUST see to it that the market remains up over the next few weeks, a collapse at this juncture would spell DISASTER to both them and their sponsors.".....Adam Lass Editor of the Wavestrength Report ...he goes on to state how they are doing it by buying the Dow 30 and as to can they do it? He thinks NOT and so do I!

According to some, They have been doing it since Oct 02'. Why should I think they can't prop the market for two months when we hear stories of the PPT and 990N?

[The End]

Since I still believe that Bush will lose the election, I have to go on record as believing we go down into mid Oct, not up. I am straddled (as usual, these days).

[NWD]

According to some, They have been doing it since Oct 02'. Why should I think they can't prop the market for two months when we hear stories of the PPT and 990N?

My very thought. Took the words right out of my mouth.