DrStool Posted April 13, 2004 Report Share Posted April 13, 2004 Tanks HH! Link to comment Share on other sites More sharing options...
Guest Posted April 13, 2004 Report Share Posted April 13, 2004 The reason for the seeming complicity of your relatives and mine with respect to siding with Bush in the invasion of Iraq is quite simply our need for the oil. We all know that the country runs on it and we want as much of it as we can get our hands on as cheaply as possible. There is a collective denial of the truth of this war, but it is known even by those who would deny it. The truth is that our country actually does need the oil, as we have built an entire society around a non-renewable resource. We've known this day would eventually come, when demand outstrips supply, and now we can see it more clearly. It is merely convenient to ignore the realities of how we go about getting our hands on the oil we need to keep this party going. Nobody wants to spend more for it, and nobody wants to use less of it. We've been on a leaderless path for decades in this regard...with politicians telling their constuencies not what they needed to hear for their long-term well being, but what they wanted to hear - in order to facilitate their next term in office. "Eat more, drink more, take more drugs, buy a bigger house and burn more oil." These are the messages that have been drilled into the heads of American's for the past ten years. Detroit is notorious for bringing to market precisely the wrong products at precisely the worst time. Is it any wonder then that the most oversized, gas-guzzling vehicles all hit the market last year...the same year that they tabled the development of hybrid vehicles and we invaded Iraq? The wisest leaders among us cannot be elected. The American people would never elect someone who told them the truth about the condition of this country, nor would business leaders tolerate it. As I was told recently by someone deep inside the Matrix - in a position to know: "We just want you to go on about your life and be happy...go to your jobs, raise your children...and don't worry about the big stuff..we'll take care of that." This is the same person who said: "Nothing is as it appears." The arrrogance of it all. Don Imus said on his show this morning that he thought Donald Rumsfeld was a "war criminal." Things are going to get ugly...very ugly. Yes, very ugly -- and so unnecessary. Rummy and Cheney are madmen but they keep the wheels turning so everyone makes excuses for them. Madmen painted as visionaries, men of action, great planners and leaders. Freaking incredible. Link to comment Share on other sites More sharing options...
Hiding Bear Posted April 13, 2004 Author Report Share Posted April 13, 2004 The reason for the seeming complicity of your relatives and mine with respect to siding with Bush in the invasion of Iraq is quite simply our need for the oil. We all know that the country runs on it and we want as much of it as we can get our hands on as cheaply as possible. Americans have lost all sense of proportion and value not just in the US, but how much its costing to secure oil from Iraq. The marginal cost of getting oil out of Iraq now is about $100 a barrel, if you add the $80 billion annual cost of the military occupation. The market price of $37 to $38 looks cheap in this regard. The thing that prevents realization of the huge escalation of energy costs is deficit spending and its blinding side effects like rising home prices. Rising inflation and interest rates will - well maybe - wake up the US about these facts. Link to comment Share on other sites More sharing options...
microdon Posted April 13, 2004 Report Share Posted April 13, 2004 Take retail sales figures with grain of salt. Government figures there is more to gain from finally stating pass throughs of costs to businesses reflected in prices of their products and services than in worrying about consequences to bond markets, whose net losses more than nullify gains in stocks. I don't think retail is selling that much more, but things like computer memory, LCD panels, siding, roofing materials, plumbing supplies, too many food items to mention, auto parts and labor to fix cars, just to mention a few items at retail have been soaring. Link to comment Share on other sites More sharing options...
HiHat Posted April 13, 2004 Report Share Posted April 13, 2004 Bonds rule...I would not get long here even if Brittany Spears was stroking my keyboard Link to comment Share on other sites More sharing options...
soup Posted April 13, 2004 Report Share Posted April 13, 2004 anyojne have a one year chart of the 10 year in yield? What was the high ( in yld) over the last year? Thanks. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted April 13, 2004 Report Share Posted April 13, 2004 Bagful of puts Link to comment Share on other sites More sharing options...
brian4 Posted April 13, 2004 Report Share Posted April 13, 2004 Morning Crew- the pig flies alone at the open-I suspect a gap and crap! Another day another downed Apache. Link to comment Share on other sites More sharing options...
Guest yobob1 Posted April 13, 2004 Report Share Posted April 13, 2004 A little historic perspective on the 10s. The trend is their friend. Link to comment Share on other sites More sharing options...
brian4 Posted April 13, 2004 Report Share Posted April 13, 2004 Opening now for 53 minutes-helmets on, buckle up! Link to comment Share on other sites More sharing options...
brian4 Posted April 13, 2004 Report Share Posted April 13, 2004 As i said gap and CRAP! Link to comment Share on other sites More sharing options...
Guest Posted April 13, 2004 Report Share Posted April 13, 2004 1144 **close** tested to confirm support is steady. If it does not hold steady then we crap otherwise it may be NASA time Link to comment Share on other sites More sharing options...
soup Posted April 13, 2004 Report Share Posted April 13, 2004 Gee Wally, how are the trillions and trillions of dollars long the carry trade doing? Link to comment Share on other sites More sharing options...
brian4 Posted April 13, 2004 Report Share Posted April 13, 2004 deploying blast shield-the bullship is about to implode. Link to comment Share on other sites More sharing options...
Guest Posted April 13, 2004 Report Share Posted April 13, 2004 we have breached 1144 ..carefull for the fake out Link to comment Share on other sites More sharing options...
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