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Arraya
ParticipantThe fire chief is a lesbian who caused a sexual harrassment lawsuit.
“While I was sitting there waiting for the parade to start, I felt that I was forced against my will to be at the Gay Pride Parade and forced to see men in tight shorts dancing provocatively and other men kissing and hugging wearing sexually suggestive material on T-shirts with writing ‘Girth and Mirth,’ ‘Suit Up Before You Dive In,’ according to the complaint.
Haha… Next thing you know they will be asking them to put fires out in Hillcrest… Oh the humainity!
ParticipantThe fire chief is a lesbian who caused a sexual harrassment lawsuit.
“While I was sitting there waiting for the parade to start, I felt that I was forced against my will to be at the Gay Pride Parade and forced to see men in tight shorts dancing provocatively and other men kissing and hugging wearing sexually suggestive material on T-shirts with writing ‘Girth and Mirth,’ ‘Suit Up Before You Dive In,’ according to the complaint.
Haha… Next thing you know they will be asking them to put fires out in Hillcrest… Oh the humainity!
ParticipantHere is the satellite imagery. Pretty ominous…
ParticipantHere is the satellite imagery. Pretty ominous…
ParticipantHere is the satellite imagery. Pretty ominous…
Participant“I don’t buy it. If they cut them again oil will go over $100 and the relatively few companies that benefit from a low dollar will be faced with higher cost everything else as will the American public.”
Oil will go up regardless. The dollar is only a fraction of the problem, it has more to do with supply. EIA estimates demand at 88 million bbl per day 4th qtr and they can’t seem to pump out more than 85.5, besides exports are declining because the are cannabalizing their exports.
Participant“I don’t buy it. If they cut them again oil will go over $100 and the relatively few companies that benefit from a low dollar will be faced with higher cost everything else as will the American public.”
Oil will go up regardless. The dollar is only a fraction of the problem, it has more to do with supply. EIA estimates demand at 88 million bbl per day 4th qtr and they can’t seem to pump out more than 85.5, besides exports are declining because the are cannabalizing their exports.
Participanthttp://piggington.com/gold_is_a_bubble
Here is Mr. Toscano’s view of gold.
Participanthttp://piggington.com/gold_is_a_bubble
Here is Mr. Toscano’s view of gold.
Participanthttp://www.marketoracle.co.uk/Article2481.html
The banks are presently holding hundreds of billions of dollars in mortgage-backed securities (MBSs) that they cannot sell—because there are no buyers —and don’t want to take back on their balance sheets because they’ll be forced to increase their capital reserves. So they’ve decided to launch a public relations campaign to promote some goofy-sounding fund, called the “Master-Liquidity Enhancement Conduit” or M-LEC, which will allow the banks to place their unwanted bonds in Limbo until some future date when the public appetite for garbage CDOs improves.
“The banks are being crushed by a debt-load they generated through “securitization”. They need to accept responsibility for their poor judgment (or greed?) and report their losses. The Super-Conduit is just a dodge to put off the unavoidable day of reckoning. The whole wretched plan should be scrapped. No amount of financial chicanery will eradicate billions of dollars in bad bets. It’s time for the banks to face the hangman.”
Participanthttp://www.marketoracle.co.uk/Article2481.html
The banks are presently holding hundreds of billions of dollars in mortgage-backed securities (MBSs) that they cannot sell—because there are no buyers —and don’t want to take back on their balance sheets because they’ll be forced to increase their capital reserves. So they’ve decided to launch a public relations campaign to promote some goofy-sounding fund, called the “Master-Liquidity Enhancement Conduit” or M-LEC, which will allow the banks to place their unwanted bonds in Limbo until some future date when the public appetite for garbage CDOs improves.
“The banks are being crushed by a debt-load they generated through “securitization”. They need to accept responsibility for their poor judgment (or greed?) and report their losses. The Super-Conduit is just a dodge to put off the unavoidable day of reckoning. The whole wretched plan should be scrapped. No amount of financial chicanery will eradicate billions of dollars in bad bets. It’s time for the banks to face the hangman.”
ParticipantVery interesting thread…
Much of this talk is over my state school-history major-brain. However, it seems to me that the current prosperity of the US is the same prosperity seen in a person with a large home loan, a large car loan, and a mountain of credit card debt. He’s living lavishly and living at the mercy of his creditors. The US is VERY affluent and has a LOT of debt. And taking the Machiavellian view, the US likes spending other people’s money and has no wish to balance its accounts if it can borrow without genuinely repaying.
Also I would presume that the rest of the world is becoming concerned that our currency (and ability to purchase goods or repay debt) could collapse catastrophicaly.
Throw $120 bbl oil in the mix and we have interesting times ahead, indeed…
ParticipantVery interesting thread…
Much of this talk is over my state school-history major-brain. However, it seems to me that the current prosperity of the US is the same prosperity seen in a person with a large home loan, a large car loan, and a mountain of credit card debt. He’s living lavishly and living at the mercy of his creditors. The US is VERY affluent and has a LOT of debt. And taking the Machiavellian view, the US likes spending other people’s money and has no wish to balance its accounts if it can borrow without genuinely repaying.
Also I would presume that the rest of the world is becoming concerned that our currency (and ability to purchase goods or repay debt) could collapse catastrophicaly.
Throw $120 bbl oil in the mix and we have interesting times ahead, indeed…
Participant“Appreciation is what we are counting on and we are pushing the debt service further into the future.”
So basically the RE market is/was a microcosm of the larger economy. Banking of infinite growth to pay for todays bills.
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