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G-20 Summit to Be Protected by 2,5000 Extra Police Officers, Guardian Says
www.bloomberg.com...
Police Cancel Vacations, Gird for G20 Protests, Guardian Says
Originally posted by Hx3_1963
reply to post by Hastobemoretolife
Yep I agree...Banks/Wall St hire a bunch of conceptual theoretical mathematicians to "invent" ways to create money from nothing...
None of the things they deal in has any real value at all...just a bunch of formulas playing with number...that appear to create wealth...
Jeez...let's see...
if a=1 and b=2 and c=3
c+b=a
see how that works!!!!
DOH...backwards but ya get my drift?
[edit on 3/22/2009 by Hx3_1963]
Originally posted by pause4thought
reply to post by stander
Dear Pause,
You are an expert on computer trading, so I hope you can help. You know that I'm not a greedy guy, but the morning was really slow, so I pushed CTRL + ALT + PAUSE and things started to move... but in a wrong direction. Do you know what keys to press to put it back?
Secrets of the trade are - you will understand - generally relayed via a nod and a wink. However you have clearly spent so much time at the keyboard that it is now only a matter of time before you happen across its lesser-known functions. The esoteric combination you seek is ALT-SHFT-MANIPULATE.
Originally posted by stander
Originally posted by pause4thought
reply to post by stander
Dear Pause,
You are an expert on computer trading, so I hope you can help. You know that I'm not a greedy guy, but the morning was really slow, so I pushed CTRL + ALT + PAUSE and things started to move... but in a wrong direction. Do you know what keys to press to put it back?
Secrets of the trade are - you will understand - generally relayed via a nod and a wink. However you have clearly spent so much time at the keyboard that it is now only a matter of time before you happen across its lesser-known functions. The esoteric combination you seek is ALT-SHFT-MANIPULATE.
Dear Pause,
Maybe I'm blind but I just can't find the MANIPULATE key on my keypad. I got BACKSPACE, ENTER DELETE, PRTSC, SHIFT . . . but not that key you advised me to press. Maybe that's because I don't have Window Vista. Can you please find the key sequence for me to press that is good for Windows XP Home Edition?
Sincerely,
Stander
Below is the change in industrial production, measured in logs, from the previous peak in 1929-30 and 2007-9.
Move the GR chart 6 months to the left and you have a perfect sync...
Originally posted by Hastobemoretolife
I have an idea.
Instead of injecting 700+ billion dollars into these banks that are loaded to the gills with toxic assets, why didn't we just take that 700+ billion dollars and start entirely new banks, that are completely free of toxic assets and let them do business?
We know for a fact that we would have a positive ROI, confidence would be somewhat restored, and credit would be able to flow again because the newly created banks have no obligations other than to make a profit.
The only problem with that though is that TPTB would have to admit that we don't have a credit flow problem, we have to much debt to begin with. Other than that I don't see why that wouldn't work.
...And this guy was on the inside...
Gregg: 'This country will go bankrupt'
politicalticker.blogs.cnn.com...
WASHINGTON (CNN) – Even though he was almost a member of the new Obama administration, New Hampshire Republican Judd Gregg Sunday slammed President Obama’s approach to handling the country’s fiscal outlook.
Watch: Gregg warns of fiscal 'crash'
“The practical implications of this is bankruptcy for the United States,” Gregg said of the Obama’s administration’s recently released budget blueprint. “There’s no other way around it. If we maintain the proposals that are in this budget over the ten-year period that this budget covers, this country will go bankrupt. People will not buy our debt, our dollar will become devalued. It is a very severe situation.”
Gregg, known as one of the keenest fiscal minds on Capitol Hill, also told CNN Chief National Correspondent John King that he thought it was “almost unconscionable” for the White House to continue with its planned course on fiscal matters with unprecedented actual and projected budget deficits in the coming years.
“It is as if you were flying an airplane and the gas light came on and it said ‘you 15 minutes of gas left’ and the pilot said ‘we’re not going to worry about that, we’re going to fly for another two hours.’ Well, the plane crashes and our country will crash and we’ll pass on to our kids a country that’s not affordable.”
Despite his criticism of Obama’s approach to the long-term finances of the country, Gregg praised how Obama’s top economic lieutenants are trying to get the sick banking system back to health.
“They’re doing the right things,” Gregg said about embattled Treasury Secretary Timothy Geithner and White House economic adviser Larry Summers. “They haven’t done it as definitely as they should have . . . but they are moving in the right direction and the Fed is moving in the right direction,” Gregg said on CNN’s State of the Union.
Gregg broke ranks with some of his fellow Republicans and said he did not think Geithner should step down from his Cabinet post.
On the recent scandal of more than $150 million in bonuses paid to the AIG employees whose work pushed the financial giant to the brink of collapse, Gregg criticized the plan afoot on Capitol Hill to tax those bonuses at very high rates. But, Gregg pointed out that the Obama administration and, to some extent, the Bush administration before it failed to “discipline” the bonuses paid out by AIG, which is now 80 percent owned by the federal government.
The Republican senator was appointed to be Obama’s Commerce Secretary but then bowed out unexpectedly, citing policy differences with the Democratic administration.
More at Link...
PRECIOUS-Gold down as Chinese dealers sell, ETF at record
www.reuters.com...
SINGAPORE, March 20 (Reuters) - Gold crept down on Friday as dealers in China and Southeast Asia booked profits, taking advantage of bullion's rise to a near three-week high a day earlier, but a holiday in Japan may keep volumes thin.
As the dollar heads for its biggest weekly fall in 24 years and holdings of the largest gold-backed exchange-traded fund hit a record, traders said sentiment remained strong as investors scrambled for safe-haven assets.
"Some physical selling from China and Southeast Asia came in this morning," said a Hong Kong-based trader. "They found the price close to $960 a good level to sell a few positions."
Another trader echoed gold's safe-harbour allure at a time of wavering risk appetite, saying: "People are still not confident about investing in stocks. They have nowhere to go."
Spot gold was trading at $956.30 an ounce by 0540 GMT, down from New York's notional close of $958.60. Earlier in the day, it was down as much as 1 percent. On Thursday, gold hit $961.50 an ounce, its loftiest level since Feb. 27.
Gold is down 5 percent from its 11-month high above $1,000 struck in February after investors booked profits and sales of scraps intensified as holders sold back jewellery and coins for cash. It hit a record of $1,030.80 last March.
Bullion rose 3 percent this week, largely supported by the weakening dollar after the Fed said it planned to buy long-dated U.S. Treasuries along with U.S. mortgage and agency debt in a big way, the central bank's most aggressive purchase since the early 1960s. [ID:nN18343369]
Reflecting gold's continued popularity, the SPDR Gold Trust GLD said its holdings rose to a record 1,103.29 tonnes by March 19, up 18.96 tonnes, or 1.7 percent, from the previous day. [GOL/SPDR]
For a graphic on the SPDR holdings, click: here
"The ETF trend -- successive records and that too very frequently -- is a clear indication that sentiment is strong and will remain strong in the near term," said another Hong Kong-based trader.
"Some physical selling took place but gold looks like one of the safest assets at the moment. And the dollar weakness is a key factor."
Originally posted by Hx3_1963
reply to post by pause4thought
That chart reminds me of the one I was using to gauge the current market to the '29-'32 market...
Seems we're not the only ones seeing a definite correlation...