Fark! Codex Is Going to Fugg The World

Details on Codex Alimentarius and its lack of benefits to mankind.

If you are into health in any way at all take a look at this scumbag organisation.

Nutricide - Criminalizing Natural Health, Vitamins, and Herbs

Posted in Latest Views February 29th, 2008 | No Comments »

Looks like the world is begging to wake up

It looks to me like the world is beginning to wake up that there is something bad going on in the markets with the price of Gold going nuts. To me that is an indicator in economic faith.

Read more on how much faith is being lost below:

Money Investing: Stock Market Quotes & News – Syracuse.com

Posted in Latest Views February 29th, 2008 | No Comments »

How to read stock charts

Recently I have been thinking of learning about this and found this page to be of use.

How To Read Stock Charts

Its fascinating when you know what it all means.

I am clearly “green” when it comes to such ability and hope one day to be an adept.

C

Posted in Latest Views February 28th, 2008 | No Comments »

Excellent… the banks are now suing over the subprime debacle

Who’d have thunk that this would happen?

They were all so busy at the trough they never thought it could get this bad.

HSH Nordbank sues UBS over mortgage securities losses

Oh joy :)

Posted in Latest Views February 28th, 2008 | No Comments »

Very nice toones

For those of you that like dub electonica… check this out…

very noice :)

MySpace.com - Anomie - Sydney, AU - Electro / Dub / Experimental - www.myspace.com/aanomie />
.

Posted in Latest Views February 28th, 2008 | No Comments »

Aus $ at amazing High

Aussie dollar surges to 23-year high | smh.com.au

Whoa!

Nice one… time to buy stuff from the USA if you were thinking of making purchases.

Looks like our dollar will get stronger tho with the underlying drama in the markets driving us all to economic hell.

.

Posted in Latest Views February 28th, 2008 | No Comments »

Harry Schultz Letter Homepage

I found this site recently after reading an article where a quote from Harry’s letter was posted.

Talk about amazing information!! I am considering a subscription soon.
http://www.hsletter.com/HSLtrackRecord_index.html
Need to know more about how the world is running and the stocks to keep an eye on.

I like the idea that he explains charting more in his letters.

For him to be the highest paid financial adviser on the planet would mean that he has a respected idea.

Peace
C

Posted in Latest Views February 28th, 2008 | No Comments »

Found This To Be Of Interest

I have been tracking lately the financial news as it has been of
interest to me because of the dramas happening in the stock markets
little to the knowledge of the regular person.

Only yesterday I was sent this link by several friends… so I can only
assume the awareness of the underlying issues to the economic collapse
that is evolving in the background is becoming a little more well known.

This one is titled Bernanke’s Recession….
http://www.marketwatch.com/news/story/story.aspx?guid=%7B39D13A23%2D5028%2D4976%2D9883%2DBB1975099038%7D&siteid=rss

Posted in Latest Views February 28th, 2008 | No Comments »

2/18 Peter Rhalter - Galactic Moral Hazard

Found this today on Le Metropole and thought I would include it on my site….

Interesting.




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Galactic Moral Hazard

Peter Rhalter

“Fear that a hobbled banking sector may set off another Great Depression could force the U.S. government and Federal Reserve to take the unprecedented step of buying a broad range of assets, including stocks, according to one of the most bearish market analysts.

That extreme scenario, which would aim to stave off deflation and stabilize the economy, is evolving as the base case for Bernard Connolly, global strategist at Banque AIG in London…

"Avoiding a depression is, unfortunately, going to have to involve either a large, quasi-permanent increase in the budget deficit — preferably tax cuts — or restoring overvaluation of equity prices," Connolly said on Monday…”*

So here’s an economist who thinks it will require giving the US Government statutory authority to buy stocks and other assets in order to re-inflate prices and prevent another Depression. I guess he doesn’t realize the Feds are already doing that—and a lot more—through intermediaries like Goldman-Sachs and Morgan. Anyway, leaving aside the issues of creeping socialism and moral hazard on a galactic scale, when I got done laughing I had to ask, “What are they going to pay with?”

Think about it; the Federal Government has unfunded liabilities in the trillions already. Now they are going to start supporting asset prices in how many markets? As it is, the federal government is borrowing hundreds of billions from abroad just to stay afloat. If anyone is going to buy the American economy, it won’t be a deadbeat Uncle Sam but rather our overseas creditors—who can cherry pick this country’s assets and own them outright through Sovereign Wealth Funds. In any case, if the US Government goes down that road it won’t be long before greenbacks will be worth as little as their Continental Dollar precursors. Then the Depression would arrive, anyway.

Mr. Connolly should make no mistake about this point either: supporting one market requires supporting all markets, from Muni bonds to mortgages obligations to you-name-it. Otherwise people will liquidate assets in the markets that don’t have guarantees in preference for the markets that do. Nothing can compete with a government guarantee, so long as the government is solvent. That’s why, in times of crisis, every other kind of debt obligation gets sold to buy Treasuries.

I’m sure that Mr. Connolly’s rescue plan is well-intentioned. It just goes to show, however, that there is no rational, or workable, escape from the present dire circumstances; circumstances that have been exacerbated by a long line of ill-advised governmental actions over the years. More of the same will just dig the hole deeper. That a plan of this nature is being bruited about by a respected economist should serve as a strong reminder to not trust in paper debts and promises.

Best wishes,

Peter R.

* http://www.reuters.com/article/ousiv/idUSGOR2766022
0080212?pageNumber=1&virtualBrandChannel=0

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Posted in Latest Views February 20th, 2008 | No Comments »

I just love Lynch

Here David pans watching media on small devices. Someone has made it into an iphone ad. Cool.

Posted in Latest Views January 8th, 2008 | No Comments »