Global economic situation for liveaboard cruising yachties

Discussion in 'All Things Boats & Boating' started by masalai, Mar 22, 2009.

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  1. masalai
    Joined: Oct 2007
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    masalai masalai

    mgriffin,
    and where the only "social services" are the ones you provide for yourself and a few neighbours, else, because you were seen/perceived as a bringer/giver of "largess" and if you don't share, they kick you out and let your development fall to rack & ruin... Try Canada's wilderness (bit too cold for me)...

    It is sometimes called "pay your dues" or taxation, or social responsibility... What goes around comes around, somehow, eventually... :D:D:D:D

    http://www.caseyresearch.com/displayGsd.php "U.S. Bullion Banks Pile In on the Short Side Again Yesterday" They are still at it, fcuk the FED and associates....:!::!: let the market do it's own thing or suffer longer... and harder... The six linked items at the end of the report should also be read as they show the depth of corruption, stupidity and whatever else you may wish to call the "NY push" - - hang them by the testicles from the front of the NY FED building would be a good start... http://www.futures.tradingcharts.com/cotcharts/GD and http://www.fgmr.com/hyperinflation-watch-october-21-2009.html and http://www.telegraph.co.uk/finance/...-created-biggest-moral-hazard-in-history.html and http://www.gata.org/node/7922 and the pdf file is attached below...

    A cheeky response may be to buy 99.99% gold bullion from Perth Mint using borrowed US$ (paper fiat money), watch the crash or the US$ and rapid rise to true value in gold bullion, whilst all the "paper gold" (GLD) investors get fleeced... and those still holding US$ (paper fiat money), find they have a good supply of cheap patterned green wallpaper...
     

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  2. masalai
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    masalai masalai

  3. hoytedow
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    hoytedow Fly on the Wall - Miss ddt yet?

    Boston, I guarantee if Obama gets the chance, he will Hugo Chavez our oil industry.
     
  4. masalai
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    masalai masalai

  5. Boston

    Boston Previous Member

    beyond all the hyperbole its clear Obummer is as much or more of a stooge as any other president before him. Dam lucky to get elected in the first place and his popularity waning he is hardly in a position to dictate to the corporate oligarchy. Take his treatment of health care for example. The unwashed masses elected Obummer based on his ludicrous promises of free everything. Anyone remember his promise of a college education to any and all comers, or his promise of free health care. But what is he pushing now, a system of forced single payers. Unbelievable, forcing another unfunded mandate on the working public. The insurance companies are gearing up ( and gone public with there plans ) to raise prices dramatically while at the same time getting ready to deny billions in new claims. Any other country have that kind of public mandate to buy your own insurance or pay stiff penalties at tax time with absolutely no guarantees of receiving vital health care? Talk about a captive audience and does anyone really think corporate insurance isnt going to take advantage of that by raising prices exactly as they are threatening to do now, and what controls are being suggested to put a halt to the price fixing and gouging there? none that I can see, and thats just the health insurance industry. If Obummer cant even make a few health insurance companies sit and bark on command what is it that makes anyone think he can command the richest and most powerful corporate entities the world has ever seen, roll over and play stupid? No way is he any other than a cheap fast talking thief just like the vast majority of politicians before him. Just like Reorge he is probably asking permission from someone to so much as take a leak.

    I got an article of my own kicking around if you want a good read folks, found it on CNN durring the elections and saved it, it clearly supports one of my long standing theories of politics that has never failed to prove itself over time "the biggest piece of **** always rises to the top"


    Obummer went on to accomplish absolutely nothing in his time as state senator
    in his time as a us junior senator he was equally unsuccessful
    Obummer introduced only two bills in his short and uneventful play as us senator
    one changing the name of a post office
    failed
    the other a bill to help support democracy in DRC ( denocratic republic of congo )
    failed miserably

    the man couldnt organize the name change of a post office but by some miracle is going to take on the biggest multinational corporations in the world?

    in a nut shell the man has previously accomplished nothing and based on that past performance it seems more likely that he continue in that pattern than that he suddenly becomes an effective avenue of change for the better. Personally I had previously felt like "give the man a chance" but after his incredibly bad performance on the one most important issue facing the USA today ( health care ) Im think hang the ******* right there in the middle, between the senators and congressmen

    my ever so humble opine
    love
    B

     
  6. masalai
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    masalai masalai

    http://www.gata.org/node/7925 "New Jersey pays Goldman millions for swaps on redeemed bonds" .......The mind fuckin' boggles with amazement at the level of stupidity......
    http://www.gata.org/node/7926 points to "2009_Winter_Warning_Volume_10_issue_1.pdf" attached below -- -- -- -- How does that Shakespearian quote go "Now is the winter of our discontent" - methinks one will know the true meaning of that phrase all too soon...
     

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  7. masalai
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    masalai masalai

    Obummer has accomplished what he has been told to do/say, else another Kennedy-esq departure? Big money politics just concentrates the money in one place - Then it becomes worthless, as no one else has any and everything collapses....
     
  8. masalai
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    masalai masalai

    When this is aired publicly by pbs, all hell should break loose - I am reading the synopsys here http://www.pbs.org/wgbh/pages/frontline/warning/etc/synopsis.html - bloody hell, let the blood run in the streets:?::?: someone posted a link the other day but I could not download, and now the server is too busy or being wiped clean... download while you can... Here it is the individuals are NAMED, and the dumb politicians fell in to line because they are just ****** UP DUMB STUPID SHITS... and if they deny that then they are complicit and accomplices of the BIGGEST fraud EVER... either way they all deserve to be hung drawn and quartered or something equally gruesome...

    _________________________________________________________________________________________________________________________ Copied from pbs.org - do watch the video.....
    "We didn't truly know the dangers of the market, because it was a dark market," says Brooksley Born, the head of an obscure federal regulatory agency -- the Commodity Futures Trading Commission [CFTC] -- who not only warned of the potential for economic meltdown in the late 1990s, but also tried to convince the country's key economic powerbrokers to take actions that could have helped avert the crisis. "They were totally opposed to it," Born says. "That puzzled me. What was it that was in this market that had to be hidden?"

    In The Warning, veteran FRONTLINE producer Michael Kirk unearths the hidden history of the nation's worst financial crisis since the Great Depression. At the center of it all he finds Brooksley Born, who speaks for the first time on television about her failed campaign to regulate the secretive, multitrillion-dollar derivatives market whose crash helped trigger the financial collapse in the fall of 2008.

    "I didn't know Brooksley Born," says former SEC Chairman Arthur Levitt, a member of President Clinton's powerful Working Group on Financial Markets. "I was told that she was irascible, difficult, stubborn, unreasonable." Levitt explains how the other principals of the Working Group -- former Fed Chairman Alan Greenspan and former Treasury Secretary Robert Rubin -- convinced him that Born's attempt to regulate the risky derivatives market could lead to financial turmoil, a conclusion he now believes was "clearly a mistake."

    Born's battle behind closed doors was epic, Kirk finds. The members of the President's Working Group vehemently opposed regulation -- especially when proposed by a Washington outsider like Born.

    "I walk into Brooksley's office one day; the blood has drained from her face," says Michael Greenberger, a former top official at the CFTC who worked closely with Born. "She's hanging up the telephone; she says to me: 'That was [former Assistant Treasury Secretary] Larry Summers. He says, "You're going to cause the worst financial crisis since the end of World War II."... [He says he has] 13 bankers in his office who informed him of this. Stop, right away. No more.'"

    Greenspan, Rubin and Summers ultimately prevailed on Congress to stop Born and limit future regulation of derivatives. "Born faced a formidable struggle pushing for regulation at a time when the stock market was booming," Kirk says. "Alan Greenspan was the maestro, and both parties in Washington were united in a belief that the markets would take care of themselves."

    Now, with many of the same men who shut down Born in key positions in the Obama administration, The Warning reveals the complicated politics that led to this crisis and what it may say about current attempts to prevent the next one.

    "It'll happen again if we don't take the appropriate steps," Born warns. "There will be significant financial downturns and disasters attributed to this regulatory gap over and over until we learn from experience."




    _______________________________________________________________________________________________________________ What a good piece of investigative journalism :!::!::!::!:
    Just finished watching the documentary and praise goes to the PBS team in showing the world a very courageous and honest woman who deserves ALL the Nobel awards.... Watch this and you will see and understand how big and all pervasive this culture of fraud is in "wallstreet" and complicit politicians & bureaucrats - - and needs to be cleaned out with ultimate prejudice....
     
  9. masrapido
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    masrapido Junior forever

    So the price should then go down to 20 centavos per litre. How is that a bad thing?
     
  10. Bamby
    Joined: Jun 2009
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    Location: USA near Wheeling, W.V.

    Bamby Junior Member

    Thanks Mas that PBS link was a good one, i enjoyed watching it. I also lifted it and posted it in another couple sites for others to view. But you know what Mas I'm beginning to believe too many American people are bought in to this mess and system. Many have actually bought into this BS and figure they'll be OK with their investment and so what if their neighbor get screwed. As long as the money people are making big money the hell with the working stiffs who will actually pay the bill with higher taxes, and so what uncle sam will bail them out again and again after all the working class is expendable.

    I see they are at it again with commodities and driving up the cost of Oil and everything else they can. But hell they are using public pension funds (taxes) to fund a lot of their efforts. So when they steal that money through mutilation of the markets, the taxpayer will again haft to pay out for the losses.

    In short I think we're screwed big time here IMO.
     
  11. mark775

    mark775 Guest

    Only a devout communist could not see the problem with a government stealing a corporation. It's just something taught here and I guess it's why we have such a problem with Obama, for example - Stealing is wrong.
     
  12. masalai
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    masalai masalai

    At last something I can agree with you - Thanks mark - - "STEALING IS WRONG:!:" but it was not only the old communists but also those professing affiliation and allegiance to "Democrats", "Republicans" and most other political movements where humans had a temptation to "help themselves".... The more money the bigger the temptation.... And I have found the temptations in Wallstreet are the biggest by an exponential factor that beggars belief... USA debts exceed a multiple of total global GDP and possibly total global wealth, so who is doing the buying aliens from outer space:?::?: and WITH WHAT:?::?:

    http://www.gata.org/node/7927 "Russia said planning to sell up to 50 tonnes of gold" from http://www.forbes.com/feeds/reuters..._LN274842_RTRIDST_0_GOLD-RUSSIA-UPDATE-3.html - - :?:This sale is confusing, as Russia does not usually make announcements & since when the change as it has been out buying regularly (did they get stuck with some "fake" gold in London storage and are passing it on as part of the musical chairs game now in progress) - a rumour that the Chinese bought some from EU or USA recently cored out with ?titanium? which has a similar sg?:?:

    http://www.caseyresearch.com/displayGsd.php and I liked these links therein http://www.zerohedge.com/article/re...sues-182-billion-total-will-debt-ceiling-be-b and http://www.investmentrarities.com/ted_butler_comentary10-21-09.shtml as well as the pdf as an attachment "09_09_MAAG.pdf" is but 3 pages of high impact stuff...
     

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  13. masalai
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    masalai masalai

    Thirteen essays and more stuff here http://financialsense.com/index.html and do not forget the audio podcast downloads due Friday evening NY time...

    http://www.caseyresearch.com/displayCdd.php?id=257 "Lessons Not Learned"

    """ Richard Wiseman of the University of Hertfordshire did research to identify the world’s funniest jokes… here are his top two. What do you think?

    Two hunters are out in the woods when one of them collapses. He doesn't seem to be breathing and his eyes are glazed. The other guy whips out his phone and calls the emergency services. He gasps, "My friend is dead! What can I do?" The operator says "Calm down. I can help. First, let's make sure he's dead." There is a silence, then a shot is heard. Back on the phone, the guy says "Okay, now what?

    The second funniest, according to the Wikipedia reference, follows here…

    Sherlock Holmes and Dr. Watson were going camping. They pitched their tent under the stars and went to sleep. Sometime in the middle of the night Holmes woke Watson up and said: "Watson, look up at the stars and tell me, what do you see?"

    Watson replied: "I see millions and millions of stars."

    Holmes said: "And what do you deduce from that?"

    Watson replied: "Well, if there are millions of stars, and if even a few of those have planets, it's quite likely there are some planets like Earth out there. And if there are a few planets like Earth out there, there might also be life."

    And Holmes said: "Watson, you idiot, it means that somebody stole our tent."

    But, at least in my warped opinion, the funniest was this one, selected as the top joke in England…

    A woman gets on a bus with her baby. The bus driver says: "That's the ugliest baby that I've ever seen. Ugh!" The woman goes to the rear of the bus and sits down, fuming. She says to a man next to her: "The driver just insulted me!" The man says: "You go right up there and tell him off – go ahead, I'll hold your monkey for you." """
     
  14. hoytedow
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    hoytedow Fly on the Wall - Miss ddt yet?

    Obama is a fence turtle.
     

  15. hoytedow
    Joined: Sep 2009
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    hoytedow Fly on the Wall - Miss ddt yet?

    veinte centavos

    Only high party(Communist)officials will be able to afford it. The rest of us will be using onagers.
     
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