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Posted by Taras - 14-02-08 05:01 - 3 comments - Read - Edit
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 | Sometimes I pee sitting down
Because I feel like a Natural Woman
| Taras
Not a fag
But some other reasons to whiz sitting down:
-Ambivalence
-Too drunk to care
-Power is out and you don't want to mess the seat
-US Navy Ships are no longer equipped with urinals
-Got owned on an internets forum |
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Posted by Taras - 30-01-08 01:50 - 2 comments - Read - Edit
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| | Aussie Dollar may soon reach parity with USD
| Since this is liable to attract some of the boards Australian readers, let me say:
1. Thank you for Air Supply - they still rock
2. WTH is up with Vegemite?
3. Congratulations on your newfound wealth by default.
The Aus Dollar recently hit $US0.8900 against the US Dollar which is dropping like a bad habit due to the neo-Keynesian policy of wallowing in filthy-filthy debt like a pig in dookie whilst congratulating ourselves on the new era of digital alchemy (attempting to turn lead into gold and the ensuing inflation which is a monetary cancer).
The Canadian Dollar (The aptly named Loonie), as you may recall, passed the USD a few months ago although they're rightfully pissed that consumer goods there still cost more. For instance, we see magazine covers that say Price: $5.00 US/$15.00 Can. That was to address the disparity in the dollars strength which has vanished like Brittney's good sense. But you don't see manufacturers in a hurry to change it and why should they (I'm being facetious here BTW), the current financial structure is nothing more that a wealth transfer. We'll all be poor sooner or later.
Among the other good news today, Tyson chicken is jacking up prices in response to higher costs - a trend you see everywhere at the supermarket (10-30% increases) while your paychecks (or allowances for Linki) are nominally stagnant.
And ATM fees will now increase because (going from memory) "during tough economic times, the banks have to make up for it by nickle and diming customers". Hell they do that during good times too.
So I will sign off with a great quote from a wonderful "B" movie: Hamburger the Motion Picture - "Grab the cash and save your a**". Go rent it if you still have a VHS player. kthxbye
Disclaimer: This is not investment advice. If you listen to me then you deserve what you get. |
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Posted by Taras - 28-01-08 03:05 - 4 comments - Read - Edit
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| | 2oldmen1cup
| Now why do you want to go and click on a topic title like that?
Anyway it allows me to segue into an appropriate discussion about current affairs.
You see, the 2 old men are Alan Greenspan and Ben Bernanke. The 1 cup is the kitchen table of the Western taxpayer. If you happened to see the overnight markets (I'm guessing not), then you would see that the markets are down again so the recent jumps last week were nothing more than a "dead cat bounce". The fundamental problems of too much credit and money created from thin air and computer digits are so built into the foundation of every Western economy that the only way to correct them is to let them fall. This will happen regardless of presidential policy, congress, parliment, Pokedex or anything else because nobody in the 4000 year history of Finance has been able to figure out how to consistently spend more than they make (either on the micro or macro level) without paying for it in the end. When U.S. President Dumb announced last week that the Treasury Department would issue checks for $600 for each American taxpayer to fix things, did you happen to laugh your ass off? Well you should have. This is like you getting buried in credit card debt and your credit card company giving you a C-note to go spend. It doesn't solve anything, it puts the US further in debt and worst of all it signals that nobody in the top ranks of finance or government has any idea what they are doing. That is unless this is all by design, but that's a discussion for another day.
Well, in the words of Don Cornelius: "Peace, Love and Soul..." |
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Posted by Taras - 23-01-08 01:22 - 0 comments - Read - Edit
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| | Economic Misunderstandings
| A fellow was kind enough yesterday to sort out some misunderstandings which I felt it appropriate to relay:
1. There is/was no housing bubble brought about by irresponsible Federal Reserve policy and mortgage brokers handing out half a mil to any mouthbreather that knows how to sign their own name.
2. The aforementioned debt was not repackaged and stamped "AAA" (the highest grade of investments) by investment firms and oversight boards and sold to trusting foreigners with funny accents who may or may not reek of garlic.
3. Paper markets in derivatives are not currently totaling over $500 trillion, or around 50 times the global GDP, which is the total production of every man, woman and child in the world. http://en.wikipedia.org/wiki/Derivative_(finance)
4. The US is not being bankrupted by wars, defecit spending, tributary interest payments to the Federal Reserve and outsourcing manufacturing to China with which no developed nations can compete because things like environmental and worker protections are actually addressed.
5. The world markets didn't actually fall the past few days, and if they did it was simply because they were waiting for the US to lower rates which as we all know is the key to prosperity.
6. Taking out the largest credit lines and credit cards is a good idea, because if a nation can borrow it's way to prosperity, so can you.
7. Coldplay doesn't suck.
8. Tiger Woods 2009 should contain some groundbreaking improvements in console golf which will reach 90% market penetration.
These statements have not been evaulated by the Food and Drug Administration. Consume at your own risk. |
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Posted by Taras - 22-01-08 05:41 - 3 comments - Read - Edit
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| | World Markets continue their plunge
| http://finance.yahoo.com/intlindices?e=asia
http://finance.yahoo.com/intlindices?e=europe
Look at the red. This is huge volatility and it reflects fundamental problems with the "Global Economy" where the absolute wealthiest people looked around at each other and said "You know what?" "Screw the working class of our respective countries, there's money to be made". So they proceeded to outsource, offshore, gut industries, import underclasses and generally make a mess of things. The banks, governments and largest businesses are in collusion to consolidate their grasp on laws, industry and economies. And those with representative governments believe that they have the power to change things by ideas. That's the greatest scam of all. This shakeout in the markets will culminate in the serfs eventually learning where they stand. And that's little more than indentured servantry for life, but with HDTV 
All the best... |
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