Super Member
oh myOriginally Posted by Sailer
and *that* was *before* this Nov downturn....
China publishes awful trade figures for November | Falling apart | The EconomistExports to America fell by 6.1%
There is still gigantic demand for US treasuries, and adequate capacity even just here in the US to buy them I've read.
A foolish consistency is the hobgoblin of little minds -- Emerson
On Earth, what goes up tends to come down.
Here's more at my blog:
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Uber Member
100,000 Points
It's simply risk adversion as the yields on treasury's are near nothing Oh wait I posted earlier they actually were nothing. Why would you have demand for something at 0% unless you were required to invest money **Cough* 401K **Cough** in a market that swings about 10% per day. Those 10% swings being far from predictable by any normal economic forecasting (OK guys the market is down below 8,000 so lets take a spin on the giant bail-out wheel today, and we can light the fires and smoke some tires, ye ha!!) so I don't find it surprising you have campers (0%) on the sidelines waiting it out for sanity to regain control.
The more you read and learn, the less your adversary will know. - Sun Tzu
Super Member
250,000 Points Ouch, check out the jobless claims
http://www.marketwatch.com/News/Story/Story.aspx?guid={FEDEE988-E48F-4BB2-B51B-8FCEC5F80726}
Nearly up 500K in total!
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Uber Member
100,000 Points Get ready for the Santa Clause bailout....
U.S. Says It Will Bail Out Christmas - WSJ.com
Guess it pays to be a fat cat in a suit....Inside Treasury, some officials privately worry that such a precedent could result in the nationalization of Santa Claus, leading to similar calls for help next year from the Easter Bunny and even Valentine's Day. Treasury Secretary Henry Paulson personally concluded, however, that "Santa Claus is too big to fail."
The more you read and learn, the less your adversary will know. - Sun Tzu
Uber Member
25,000,000 Points I'm thinking that such numbers are going to grow substantially after Christmas. At least locally, most people I know are cutting back on spending, so there probably will be some big hits in the retail market.
I see Ford is off a little this morning. Keep sinking, little car company. We want you nice and low again before putting the money back in.
Over 50- Seen it, Done it, Can't remember it, but I miss it.
The great economist Milton Friedman once observed, "Many people want government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
det skal ikke mye til for å more oss (It doesn't take much to amuse us)
Super Member
Get ready for the Santa Clause bailout....
U.S. Says It Will Bail Out Christmas - WSJ.com
Guess it pays to be a fat cat in a suit....
Santa Claus is getting TARP funding?
He must have had too much leverage.
A foolish consistency is the hobgoblin of little minds -- Emerson
On Earth, what goes up tends to come down.
Here's more at my blog:
http://findingourdream.blogspot.com/
Super Member
Get ready for the Santa Clause bailout....
U.S. Says It Will Bail Out Christmas - WSJ.com
Guess it pays to be a fat cat in a suit....
(from above)...Mr. Claus would be asked to appear this Tuesday before Rep. Barney Frank's committee with a plan to reduce the sleigh's carbon footprint.
With only 13 days remaining for a Santa rescue, Mr. Paulson and Speaker Pelosi are said to be discussing the appointment of a Christmas czar...
oh sh*t.....
......
A foolish consistency is the hobgoblin of little minds -- Emerson
On Earth, what goes up tends to come down.
Here's more at my blog:
http://findingourdream.blogspot.com/
Uber Member
25,000,000 Points I mean, really, you just can't imagine how much pollution those reindeer produce. And from the above, lots of it, tons of it, breaking the backs of all the elves who have to shovel it. Shame, shame on Santa....
On a different front, I did my part to help the economy today, as I ordered an ASUS 24" LCD to replace the old 24" CRT on my business computer. Got tired of breaking my back moving that CRT. Besides, Newegg had a sale I couldn't resist. OK, so it doesn't help any US manufacturing jobs, but it helps keep the guys at Newegg and UPS busy.
Over 50- Seen it, Done it, Can't remember it, but I miss it.
The great economist Milton Friedman once observed, "Many people want government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
det skal ikke mye til for å more oss (It doesn't take much to amuse us)
Uber Member
100,000 Points +4 ATTA-BOY's
Newegg
UPS
Port of LA dockworkers
Xcpus (you did click from the ad link right???)
The more you read and learn, the less your adversary will know. - Sun Tzu
Uber Member
25,000,000 Points No.I had a direct mailing from Newegg in which there was a promotion code for an extra $30 off, plus free shipping. Sorry guys. But hey, 3 out of 4 isn't too bad, is it?
Over 50- Seen it, Done it, Can't remember it, but I miss it.
The great economist Milton Friedman once observed, "Many people want government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
det skal ikke mye til for å more oss (It doesn't take much to amuse us)
Uber Member
100,000 Points $30 Off AND free shipping thats it there goes the quarter for Newegg....No.
Don't know if we can award you more than one now....
The more you read and learn, the less your adversary will know. - Sun Tzu
Premium Member
5,000,000 Points 
I demand that any winter celebration bailout be holiday neutral! Kwanza and Hannukah have adapted to the changing needs and new holidays like Festivus aren't getting any government assistance at all. We need economic protections that encourage progress without politicians playing favorites so the market can continue to operate freely to find the best solution for consumers.
(parady of auto bailout and ethanol subsidy objections)
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Uber Member
100,000 Points Festivus??? From Seinfeld....OMG!!!! What did I start now!!!!
The more you read and learn, the less your adversary will know. - Sun Tzu
Uber Member
100,000 Points Looks like the fever is over....
http://www.marketwatch.com/
U.S. stocks finish deep in the red, pressured late in session by financialsStreet falls on bailout fearsA little bit???"That the auto bailout is not going to go through, or at least not in its current form, is discouraging people a little bit today," said Ken Tower, market strategist at Quantitative Analysis Services.
The USS GMtanic is listing 10% to port while green fluid continues to gush out, the USS FORD is listing 9% to port and leaking green fluid as well, while the privately flagged Chryler also appears to be listing to port and pouring out green fluid after all taking a direct hit from the USS SENATE.
Oh boy look at the trend we have started now Italy is bailing out cheese??
The Italian Cheese Bailout - MarketWatch Video
And Speaking of "BAIL-OUT"
Experience "BAIL-OUT" 2008's newest ultra-coaster situated in the Congressional area of the "BIG Government Fun Park" in Washington DC. It's the wildest ride you'll ever experience, it will drop, and soar, then twist and spiral generating massive B's so when you finally get off it will have thoroughly cleaned you of everything.
With all the excitement "BAIL-OUT" has now generated some other park "Changes you Belived in" now appear to be delayed. One of them moving full ahead is "Stimulus II" the first planned addition for 2009 which will replace the temporary "2008 Stimulus Boost Booth" where patrons were plastered with hundreds of statically charged dollars. "Stimulus II" is in planning right now but preliminary reports say its' expected to be a Trillion volt blast that is supposed to leave the guests tingling for years to come.
Stay tuned for the 2010 breakthrough that will totally "Change" your park experience. It called "Wealth Spreader" at the IRS entrance area and it is rumored to be the most sophisticated vacuum admission system yet developed. It is alleged to utilize a revolutionary bio-eco-fiscal-metric measuring system to determine your park admission price and add/deduct that from your net worth.
The more you read and learn, the less your adversary will know. - Sun Tzu
Uber Member
25,000,000 Points Hey, I like Italian Cheese!Oh boy look at the trend we have started now Italy is bailing out cheese??
The Italian Cheese Bailout - MarketWatch Video
And Speaking of "BAIL-OUT"
On the car bailout front, I see that Ford was down by .20 this morning with the Congressional news, only to rise by .10 as the Emperor, or rather President, decided to bail the companies out on his own terms. Yes indeed, a roller coaster ride this is.
On a different front we see the Hong Kong Exchange. Its a beautiful building, with sealed windows. They need to be sealed, for as fast as that exchange has been falling, the sidewalk might otherwise get a bit messy as its population takes flying lessons after seeing what's happening on their computer screens.
Over 50- Seen it, Done it, Can't remember it, but I miss it.
The great economist Milton Friedman once observed, "Many people want government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
det skal ikke mye til for å more oss (It doesn't take much to amuse us)
Uber Member
100,000 Points
Well now with the non-bail-out bail-out being used to bail-out the Big-2 out of 3 where does this leave us??? Confused??? It looks like the market doesn't have a clue what it really means either other than GM and Ford aren't going to zero. Why did Bush have to open his yap so early he could have at least let them sweat it out and do some pleading and begging until the middle of next week when I could have snatched up more Ford for $1.00.
Last edited by BaldEagle; 12-13-2008 at 07:43 PM.
The more you read and learn, the less your adversary will know. - Sun Tzu
Uber Member
25,000,000 Points Yes, I had something of that nature in mind as well. How can we make investment plans when the government keeps messing with the market? I'm feeling mighty sour at the moment.the middle of next week when I could have snatched up more Ford for $1.00.
Over 50- Seen it, Done it, Can't remember it, but I miss it.
The great economist Milton Friedman once observed, "Many people want government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
det skal ikke mye til for å more oss (It doesn't take much to amuse us)
Uber Member
100,000 Points Well the "bank" body count now stands at 25.
http://finance.yahoo.com/news/Fed-re...-13823673.html
Oil is back near $50 on expected OPEC cuts.
Oil up sharply near $49 as OPEC readies output cut - Yahoo! Finance
And the auto bailout.....Where are we????
Detroit automakers await deal on auto loans - Yahoo! Finance
Ronnie I wouldn't wait by the phone for them to call because when it's time they'll tell you what your doing. If you decide you don't like the terms there Ronnie then they go file chapter 11 because there will be no loans period. This isn't a negotiation it's government aid to avoid bankruptcy .Ron Gettelfinger, the president of the United Auto Workers, said the union had not held discussions with the White House.
Think thing are tough where you are then try out NYC!
Things Are Tough All Over, But Really 'Horrific' in New York: Tech Ticker, Yahoo! Finance
"Communism is saving Capitalism"
Would be shocking except its true in the bail-out sweepstakes.
The more you read and learn, the less your adversary will know. - Sun Tzu
Uber Member
25,000,000 Points Yes, and from my travels in China, I can all too easily see it happening. Of course, modern China, though Communist in nature, is not acting Communist at all when it comes to money, finances, etc. China has turned Capitalist in ways that make the US look backward. All this surely would shocked my parents into their graves, were they not already there, and makes Khrushchev's statement "We will bury you" all too real, though it may end up China, not Russia, that does the burying, and the weapons of war be economic instead of military."Communism is saving Capitalism"
Would be shocking except its true in the bail-out sweepstakes.
I think our government has dug its, and our, graves for a long time, and this move to 0%-.25% interest rate merely is a secretive admission of its failure. The next step is deflation, as Japan has experienced. Who will buy then? Sounds more like casino slot machines, put a dollar in and get 90 cents back. Of course, we could head into a mass inflation, as printed dollars pour into the streets and people spend the money today before it becomes worth less tomorrow. No good answers here, that I know of.
Over 50- Seen it, Done it, Can't remember it, but I miss it.
The great economist Milton Friedman once observed, "Many people want government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
det skal ikke mye til for å more oss (It doesn't take much to amuse us)
Super Member
"Communism is saving Capitalism"
Would be shocking except its true in the bail-out sweepstakes.
Ok....
but wiat!@!!!
who's saving communism?????
ah....
http://www.moscowtimes.ru/article/1010/42/372910.htm
(the article also has a lot of interesting bits for those who like to keep up with Russia)
(Roubini also made an appearance on the site, btw)
...
Well, ok that's not really communism, but there never was much except in rhetoric I guess.
Last edited by halbhh; 12-16-2008 at 01:51 PM.
A foolish consistency is the hobgoblin of little minds -- Emerson
On Earth, what goes up tends to come down.
Here's more at my blog:
http://findingourdream.blogspot.com/
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