crunkle
54 posts
msg #97114
- Ignore crunkle |
10/20/2010 1:28:18 PM
A congressman was seated next to a little girl on an airplane so he turned to her and said, "Do you want to talk? Flights go quicker if you strike up a conversation with your fellow passenger."
The little girl, who had just started to read her book, replied to the total stranger, "What would you want to talk about?"
"Oh, I don't know," said the congressman. "How about global warming, universal health care, or stimulus packages?" as he smiled smugly.
"OK," she said. "Those could be interesting topics but let me ask you a question first. A horse, a cow, and a deer all eat the same stuff - grass. Yet a deer excretes little pellets, while a cow turns out a flat patty, but a horse produces clumps.
Why do you suppose that is?"
The legislator, visibly surprised by the little girl's intelligence, thinks about it and says, "Hmmm, I have no idea."
To which the little girl replies, "Do you really feel qualified to discuss global warming, universal health care, or the economy, when you don't know sh*t?"
And then she went back to reading her book.
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karennma
8,057 posts
msg #97116
- Ignore karennma |
10/20/2010 1:42:20 PM
ROFLMAO!!
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karennma
8,057 posts
msg #97172
- Ignore karennma |
10/24/2010 9:02:47 AM
This SUCKS
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karennma
8,057 posts
msg #97173
- Ignore karennma |
10/24/2010 9:20:20 AM
END OF AMERICA AS WE KNOW IT
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TheRumpledOne
6,529 posts
msg #97305
- Ignore TheRumpledOne |
11/3/2010 1:30:54 AM
Can you believe the American voting public reelected ANYONE to the US Senate and House?
What were they thinking?
Were they thinking?
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heypa
283 posts
msg #97311
- Ignore heypa |
11/3/2010 2:46:32 PM
TRO No. They weren't thinking. It's the Stockholm syndrome.
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tmaugham
115 posts
msg #97313
- Ignore tmaugham |
11/3/2010 6:43:53 PM
Thus I continue to believe that at least half the population should be confined to playpens and fed with spoons!!!
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Eman93
4,750 posts
msg #97318
- Ignore Eman93 |
11/3/2010 11:56:38 PM
"the Fed will surpass China's $868 billion in UST holdings before the end of November." -- ZeroHedge
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four
5,087 posts
msg #97342
- Ignore four |
11/5/2010 11:48:57 AM
That was one of the aims of Fed's quantitative easing, according to the central bank's Chairman, Ben Bernanke. Writing in the op-ed pages of Thursday's Washington Post, Bernanke asserted: "Lower corporate bond rates will encourage investment."
I infer Bernanke contends lower borrowing costs would induce increased investment in the economic sense, in plant and equipment to expand productive capacity and, ultimately, employment.
But Coke had different plans. It used the proceeds from its bargain-basement borrowings to pay for a tender offer for higher-yielding debt following its acquisition of the North American operations of its biggest bottler, Coca-Cola Enterprises (NYSE: CCE - News) In other words, it was a shuffling of corporate assets, greatly assisted by ultra-cheap credit, rather than a job-creating expansion.
While the Fed's actions are facilitating these financial transactions and fattening Wall Street's year-end bonus pool, it is having severe impacts on the rest of the world. The flood of dollar's is driving down the U.S. currency's exchange rate and driving up those of other countries. Some of which are resisting, notably Australia and India, which raised interest rates earlier this week ahead of the Fed's actions.
http://finance.yahoo.com/banking-budgeting/article/111235/end-of-bond-bull-spurs-borrowing-binge?mod=bb-budgeting&sec=topStories&pos=5&asset=&ccode=
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"shuffling of corporate assets, greatly assisted by ultra-cheap credit, rather than a job-creating expansion",
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karennma
8,057 posts
msg #97505
- Ignore karennma |
11/16/2010 8:53:01 AM
SAY NO TO HR 4646!!
The gov't wants your money again.
HR 4646 allows 1% tax on every transaction you do.
Another GOV'T BAILOUT for the banks ... complements of the American taxpayer.
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