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B4 The Bell Frieday September 17


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#46 KeyboardProspector

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Posted 17 September 2004 - 09:34 AM

Thank you Yobob.  To all "pro-lifers" - I think each of you should declare your willingness to adopt an HIV positive baby from its 14 year old Mississippi mother, raise him and put him through college.

Wow, what a giant oversimplification of the issue. Why don't we kill all the mentally retarded babies then? They are certainly a drain on society. What if its an 18 year old girl, can the baby live then? What about other diseases? Maybe genetic testing or manipulation is the answer? What about unwanted healthy babies?

The issue for me is that we really don't know when life begins. We do not have the means to answer that question yet. We also have the know how to prevent most of these unwanted pregnancies. Given these facts, we are morally obligated to err on the side of caution and favor the lives of the unborn.

The time to choose is prior to sexual intercourse. Post pregnancy choice is, in most cases, an obfuscation of responsibility. Not acceptable IMO.

I think the more appropriate point here is that those who do not share responsibility for the outcome deem themselves superior, thus want to impose their will on the individual that would have to deal with the consequences.

Arbitrary imposition of one's will on another through legislative action. Doesn't sound like a society based on the rights of the individual being more important than the will of the many.

And before you ask, Life may begin at conception, but human life begins at birth. OR do we change the Constitution to refer to native conceived.......

#47 soup

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Posted 17 September 2004 - 09:39 AM

Yobob: Will you adopt me?
""Pretty bubbleheads preen daily on our financial networks, playing the shill to Wall Street and Washington in order to lure unsuspecting Americans into buying insanely overvalued stocks. The great market exchanges, once prudent arenas of investment where the engine of capitalism traded value for value, have become sham casinos staggering under decades of massive Fed created debt and lurching into oblivion on the greater fool theory. Yet our high level bureaucrats, led by Alan Greenspan, exhort all Americans to consume still more of their seed corn and seek still more fools." N. Hultberg

#48 Hiding Bear

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Posted 17 September 2004 - 09:41 AM

Yesterday we were talking about the 'zombie T-note' and a possible test of 4% yield.

I'd like to quote from the "Non-technical summary" of Benny Bernanke's new paper, which is FULL of references to "nonstandard policies":

We also find evidence ... that asset purchases in large volume by a central bank would be able to affect the price or yield of the targeted asset. [DUH ...]

Three recent episodes provide important insights: (1) the Treasury's announcements of "debt buybacks" that followed the emergence of budget surpluses in the late 1990s; (2) the massive official purchases of U.S. Treasury securities over the past two years; and (3) the apparent belief among market participants in 2003 that the Federal Reserve was actively considering targeted purchases of Treasury securities as an anti-deflationary measure.

Analyses ... suggest ... significant effects on their yields.


It doesn't seem to have entered Benny's mottled, multi-lobed reptilian mind that if you hold the beach ball (the T-note yield) underwater, eventually it will pop up and go too high.

Or maybe that subversive thought HAS occurred to young Benny, and he just ain't lettin' on. :o

A Ponzi promoter always gotta stay one step ahead of the suckers. ;)

There also doesn't seem to be any mention of the side effects of reckless monetary base expansion by the BOJ/MOF and Fed. Have they ever thought where inflation comes from ??? :blink:

Also no mention of the negative effects on savers forced to accept interest rates on savings below the real rate of inflation. Well we know this already - the focus is on saving the markets by stealing the hard earned savings of those both in Japan and the US.

And as to point number 3 above - they already are buying Treasury bond issues to some extent from day one of their issue. :o It is not an expectation.

#49 thesun

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Posted 17 September 2004 - 09:44 AM


I share your outrage.

So do I.

My uncle, in from Maine for the holidays, a Harvard law grad from 45 years ago, told me that he expected a civil war in the event that Shrub wins.

Can not happen in this country.

The National Guard that should be protecting the people from the Fed is out of the country. Some how the bushman got the National Guard to fall under his control. Just think about this. The National Guard is being controlled by the force that it should be protecting us from, unreal.

With all the laws the bushman has made up to shift power into his hands, he can do what every he wants to anybody under "national security" .

thesun signed FEMA papers, U.S. Department of Homeland Security. You tell me why the U.S. Department of Homeland Security now has the right to check me out just because I asked them for help. They came back saying that I will get $0.00.

The USA has a great killing machine. They will be able to use it here if they want. I do not think we would be able to lift arms and stay alive. We maybe able to kill follow men, and follow men maybe able to kill us. But the ruling class will lose very few people. Since 9/11 we have given up so much of our freedom. Not a single car can enter the city of New York with out the knowledge that it has happened if some want to take the time to look up that info. Night vision makes it impossible to move around with out been seen.

thesun just wishes the bushman out. thesun has put up alot of his personal wealth in harms way hoping to take the bushman down. It is worth the risk.

#50 orvack

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Posted 17 September 2004 - 09:47 AM

Just heard on the radio that Russia is preparing to pre-emptively strike SOON. Bush administration said it should not be done...

A new fad is born. But I feel safer already.

#51 KeyboardProspector

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Posted 17 September 2004 - 09:49 AM

A thought came to mind this morning. Wouldn't it be a strange turn of events if the US chastized Russia for NOT sending troops to Afganistan?

#52 orvack

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Posted 17 September 2004 - 09:49 AM

We need more pumping from the Saudis.

Oct.'04 CRUDE OIL, ACCESS
44.61 +0.73

#53 brian4

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Posted 17 September 2004 - 09:50 AM

Orvack- Strike What???

#54 BeerMarket

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Posted 17 September 2004 - 09:50 AM

Bush rejects bleak Iraq intelligence assessment
By Guy Dinmore in Washington
Published: September 16 2004 07:33 | Last updated: September 16 2004 18:55

Iraq is making broad economic and political progress, the Bush administration insisted on Thursday, responding to a leaked intelligence report setting out a bleak assessment of Iraq's prospects up to the end of next year.

http://news.ft.com/c...000e2511c8.html

now i'm confused, i was under the impression that the intelligence he gets is "darn good".

great post yobob

#55 GregFokker

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Posted 17 September 2004 - 09:54 AM

3B net drain

...A declining spenglerian carnival of Colossaalism united with Inflation where the numbers one through 10 are forever banished as worthless arithmetical detritus from a bygone age... - Beardrech

Naturally we believe the govt numbers... and Boobus Americanus sleepwalks off the edge of the energy-crisis cliff clutching his shares of "Crisco", Yoohoo and GooGah munching on his Yum Yums and Ho Hos. Future historians will have a hell of a time figuring out what the hell Americanus neanderthalus was thinking and exactly what brought on his sudden demise... - Henny Penny

Well, good night everyone. I gotta go lube up for tomorrow's regular end-of-week Gold Slapdown and Stock Index Bear Punishment Rally Weekend Greenprint. ...Probably another Shock-and-Awe Gap-Up-Open and Wire-to-Wire Meltup Runaway Bull Charge Mo-Mo Spike to Fresh New All-Time Lifetime Highs, culminating in a 4:15 yelping scalded dog runoff with panic short-covering and legal not-held bad double fills due to fast market conditions, plus quote system freeze-ups and trading platform lock-outs along the way. *yawn* typical gov't Friday. - Shorty


#56 orvack

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Posted 17 September 2004 - 09:56 AM

Orvack- Strike What???

I'm trying to find a link. I was driving.

I think Putin is preparing something big in Chechenia. The source was InterFax they said.

#57 Hiding Bear

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Posted 17 September 2004 - 09:57 AM

Well if comments on the markets are allowed :o :P :D , I fell that the congestion in the trading range in silver will lead to a breakout soon - most likely up.

Fridays after 12 noon have been known lately to produce sharp swings in PMs and energy.

Also - the Fed appears to have drained out $3B in repos today, but I do not belive it reflects any change in recent trends - and is more likely they are just preparing the markets for a push up in the Fed Funds rate in a few days.

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#58 machinehead

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Posted 17 September 2004 - 09:59 AM

There also doesn't seem to be any mention of the side effects of reckless monetary base expansion by the BOJ/MOF and Fed.  Have they ever thought where inflation comes from ??? :blink:

Also no mention of the negative effects on savers forced to accept interest rates on savings below the real rate of inflation.  Well we know this already - the focus is on saving the markets by stealing the hard earned savings of those both in Japan and the US. 

And as to point number 3 above - they already are buying Treasury bond issues to some extent from day one of their issue. :o  It is not an expectation.

Exactly, Doctor HB. Richard Benson amplifies this point in an amazingly frank "emperor has no clothes" essay:

What is becoming crystal clear is that if the United States' bond and stock markets suddenly "re-priced to fair value", the world would witness a crash in stocks, bonds, housing prices and the dollar.

More importantly, while the magnitude of aid - amounting to $1.3 Trillion - given to America's financial markets by foreign central banks has been disclosed, it is not appreciated that these holdings will most likely keep US Treasury rates 3% lower than they would be if the Treasury needed to fund its deficits within the US.

For investors with a long-term view, the price of gold is being subsidized and held well below market. If you like government subsidies, you can get one by buying gold.


Rain Dance for Money

F***in-A I like subsidies, dude. And I'm loadin' up the truck ... ;)
"GOLD -- it's not just for misers anymore."

"Dollahs -- fire-starters for the K-wave winter." - Drano

"Three humps and a dump." - anotherone, 21 SEP 2004

"No gold was harmed in the making of this movie." - Bizarro Greenspan

[i]"Da Track. Da place where Morons bet on Animals Controlled by Criminals."
- our jickiss

#59 KeyboardProspector

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Posted 17 September 2004 - 09:59 AM

Stoolies, we're not going to get into the choice-life abortion debate here. Please take it over to Political Stool.

Sorry folks,

Outa place....

#60 Guest_yobob1_*

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Posted 17 September 2004 - 10:00 AM

Yobob: Will you adopt me?

Are you willing to pay the standard $500,000 adoption fee and willing to work 12 hours a day for free? :lol:

I've had a very queasy feeling about where this year will end, economically speaking. I stated so last Fall and felt what we would see is an inversion of last year in the sense that it would start out "great" (in data terms) and finnish (or swedish :lol: ) very, very poorly. My own business stats are beginning to reflect this to a degree. So yesterday I took action to shore up my already solid buffer of cash. I unloaded my entire used inventory to a dealer who obviously felt the economy was getting stronger by the second. I made a small profit and put my cash position to a new record. Combined with the total lack of personal and business debt I'm ready for what I think we'll be a very nasty collapse post election, regardless of the election outcome.

I'm sorry I brought up the abortion issue. It is too emotionally charged for this forum. Please start a thread in political stool or LOB if you want to carry on.





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