User Tag List

Page 24 of 37 FirstFirst ... 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 LastLast
Results 392 to 408 of 618
  1. #392
    Regular Member extremenanopowe's Avatar
    Join Date
    Apr 2005
    Location
    SG. Go for NCAP-L2 certified coach.
    Posts
    11,849
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    Default

    Sad. The haze is back. Life is shorter by a few days in our lives perhaps.

  2. #393
    Regular Member
    Join Date
    Oct 2004
    Location
    USA
    Posts
    4,661
    Mentioned
    4 Post(s)
    Tagged
    0 Thread(s)

    Default

    My friend, life is shorter as every day gone by.

  3. #394
    Regular Member extremenanopowe's Avatar
    Join Date
    Apr 2005
    Location
    SG. Go for NCAP-L2 certified coach.
    Posts
    11,849
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    Default

    sad sad, I am sad.... so those younger ones are lucky. The older ones will reach the milestone first....Need some youth tables.. or potion.. lol.

  4. #395
    Regular Member extremenanopowe's Avatar
    Join Date
    Apr 2005
    Location
    SG. Go for NCAP-L2 certified coach.
    Posts
    11,849
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    Default

    psi in singapore is at 107. Damn...

  5. #396
    Regular Member ctjcad's Avatar
    Join Date
    Sep 2004
    Location
    u.s.a.
    Posts
    19,157
    Mentioned
    1 Post(s)
    Tagged
    0 Thread(s)

    Default

    Quote Originally Posted by silentheart View Post
    My friend, life is shorter as every day gone by.
    Quote Originally Posted by silentheart View Post
    Black Friday again?
    ..master silentheart, this coming Tuesday, Nov.2, what's your take, will it be a Black Tuesday? will the sky get darker and darker no matter what happens?..

  6. #397
    Regular Member
    Join Date
    Oct 2004
    Location
    USA
    Posts
    4,661
    Mentioned
    4 Post(s)
    Tagged
    0 Thread(s)

    Default

    Change I can believe in...

  7. #398
    Regular Member extremenanopowe's Avatar
    Join Date
    Apr 2005
    Location
    SG. Go for NCAP-L2 certified coach.
    Posts
    11,849
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    Default

    Business as usual, my guess.

  8. #399
    Regular Member ctjcad's Avatar
    Join Date
    Sep 2004
    Location
    u.s.a.
    Posts
    19,157
    Mentioned
    1 Post(s)
    Tagged
    0 Thread(s)

    Default

    Quote Originally Posted by silentheart View Post
    Change I can believe in...
    ..not for 2012?..
    but hey, at least your state's result fared a bit better..
    CA, hmm..i have a funny feeling it's going down the gutter even more with the same fella, being the gov. again, who brought the current state debt through the unions he created...tax hike is looming..
    Quote Originally Posted by extremenanopowe View Post
    Business as usual, my guess.
    ..most likely nothing is gonna get done in the next 2 yrs; more posturing and stalling and gridlock..i'd be surprised if anything significant gets done..
    then the real show will begin..

  9. #400
    Regular Member
    Join Date
    Oct 2004
    Location
    USA
    Posts
    4,661
    Mentioned
    4 Post(s)
    Tagged
    0 Thread(s)

    Default

    I am sorry Master chris,
    For CA, the south state that I love, the north I hate, at lease 1 witch has less power in DC.
    Sales tax going up or income tax? Or just file for bankruptcy?
    When is the drive to recall brown to start?
    Thank god I did not vote in CA and I did not cause the problem. Don't blame me.
    Have a nice week.
    SH

  10. #401
    Regular Member ctjcad's Avatar
    Join Date
    Sep 2004
    Location
    u.s.a.
    Posts
    19,157
    Mentioned
    1 Post(s)
    Tagged
    0 Thread(s)

    Default

    Quote Originally Posted by silentheart View Post
    I am sorry Master chris,
    For CA, the south state that I love, the north I hate, at lease 1 witch has less power in DC.
    Sales tax going up or income tax? Or just file for bankruptcy?
    When is the drive to recall brown to start?
    Thank god I did not vote in CA and I did not cause the problem. Don't blame me.
    Have a nice week.
    SH
    ..hah, yeah, can we say buhbye to Princess Pelosi??..i think she's better off retiring..
    As for which tax he'll raise, i think he'll raise the sales tax (just like he did when he was mayor of Oakland, where he raised taxes on everything from parking to phone bills; some say Oakland is the "armpit" of CA). And looks like based on the propositions results, Gov. Moon Beam (nickname of the new CA gov.) will likely raise the property tax/repeal prop. 13 (law which protects homeowner from rising property tax, remember he was opposed to it back then before it was passed).
    No, you didn't cause the problem and even if you had voted, your vote probably wouldn't matter as CA is a solid blue state..
    Anyway, no matter who won the CA gov, it won't be easy and the state's debt & deficit will be hard to solve. Here's an interesting read abt the challenge the new CA governor has to face:
    http://www.newsweek.com/2010/10/26/c...e-it-easy.html
    Last edited by ctjcad; 11-03-2010 at 03:51 PM.

  11. #402
    Regular Member ctjcad's Avatar
    Join Date
    Sep 2004
    Location
    u.s.a.
    Posts
    19,157
    Mentioned
    1 Post(s)
    Tagged
    0 Thread(s)

    Default BO = Keynesian?..

    ..this is for master silentheart, just want to share a bit of laugh (taken at a recent rally).."What proof do you want? he was born in Hawaii!"...hope you have a good chuckle..
    (Keynesian economics is an economic theory that says more govt. spending/intervention in the economy/marketplace, the better it is for the economy's growth and stability)

    http://www.youtube.com/watch?v=_23Nt5XumaU

    Last edited by ctjcad; 11-03-2010 at 04:25 PM.

  12. #403
    Regular Member ctjcad's Avatar
    Join Date
    Sep 2004
    Location
    u.s.a.
    Posts
    19,157
    Mentioned
    1 Post(s)
    Tagged
    0 Thread(s)

    Default

    Quote Originally Posted by silentheart View Post
    ... Or just file for bankruptcy?
    ...
    ..unfortunately, as far as i know, legally under the U.S. federal bankruptcy law, a state can not declare bankruptcy. Although a municipality can declare bankruptcy.
    So, most likely tax will be raised, until more and more people flee CA.

  13. #404
    Regular Member ctjcad's Avatar
    Join Date
    Sep 2004
    Location
    u.s.a.
    Posts
    19,157
    Mentioned
    1 Post(s)
    Tagged
    0 Thread(s)

    Default CHN and Russia quit dollar..

    ..master silentheart, is this temporary or is this the beginning of the end??...more U.S. dollars circulating in U.S. = inflation?..

    http://english.eastday.com/e/101124/u1a5567988.html

    China, Russia quit dollar
    2010-11-24 08:26

    St. Petersburg, Russia - China and Russia have decided to renounce the US dollar and resort to using their own currencies for bilateral trade, Premier Wen Jiabao and his Russian counterpart Vladimir Putin announced late on Tuesday.

    Chinese experts said the move reflected closer relations between Beijing and Moscow and is not aimed at challenging the dollar, but to protect their domestic economies.

    "About trade settlement, we have decided to use our own currencies," Putin said at a joint news conference with Wen in St. Petersburg.

    The two countries were accustomed to using other currencies, especially the dollar, for bilateral trade. Since the financial crisis, however, high-ranking officials on both sides began to explore other possibilities.

    The yuan has now started trading against the Russian rouble in the Chinese interbank market, while the renminbi will soon be allowed to trade against the rouble in Russia, Putin said.

    "That has forged an important step in bilateral trade and it is a result of the consolidated financial systems of world countries," he said.
    ...

  14. #405
    Regular Member extremenanopowe's Avatar
    Join Date
    Apr 2005
    Location
    SG. Go for NCAP-L2 certified coach.
    Posts
    11,849
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    Default

    how about wikileaks going to expose a big bank in usa?

  15. #406
    Regular Member extremenanopowe's Avatar
    Join Date
    Apr 2005
    Location
    SG. Go for NCAP-L2 certified coach.
    Posts
    11,849
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    Default

    Looks like everyone is looking for him. They are panicking?

  16. #407
    Regular Member
    Join Date
    Oct 2004
    Location
    USA
    Posts
    4,661
    Mentioned
    4 Post(s)
    Tagged
    0 Thread(s)

    Default

    Dear Master c,

    Regarding your question on the article of china is proposing the currency rate for china and Russia, here are my response.
    All talk and no play.
    Given that both currencies are traded on open currency market. If 2 countries set the exchange fixed rate themselves. It will lead to arbitrage and for most of the bank and currency trader has almost no barrier on the market, they can and will make hundred of millions (if not in $B) in very short time and drain any currency reserve the country in weaker position until the new rate has been set. Another problem is the standard currency used in commodity trade is USD. If they want to peg against gold, you will need to set up the reserve in gold and then you are back on the gold standard. Either way, not going to happen.

  17. #408
    Regular Member
    Join Date
    Jan 2004
    Location
    Hong Kong
    Posts
    6,527
    Mentioned
    2 Post(s)
    Tagged
    0 Thread(s)

    Default

    Quote Originally Posted by ctjcad View Post
    ..master silentheart, is this temporary or is this the beginning of the end??...more U.S. dollars circulating in U.S. = inflation?..

    http://english.eastday.com/e/101124/u1a5567988.html

    China, Russia quit dollar
    2010-11-24 08:26

    St. Petersburg, Russia - China and Russia have decided to renounce the US dollar and resort to using their own currencies for bilateral trade, Premier Wen Jiabao and his Russian counterpart Vladimir Putin announced late on Tuesday.

    Chinese experts said the move reflected closer relations between Beijing and Moscow and is not aimed at challenging the dollar, but to protect their domestic economies.

    "About trade settlement, we have decided to use our own currencies," Putin said at a joint news conference with Wen in St. Petersburg.

    The two countries were accustomed to using other currencies, especially the dollar, for bilateral trade. Since the financial crisis, however, high-ranking officials on both sides began to explore other possibilities.

    The yuan has now started trading against the Russian rouble in the Chinese interbank market, while the renminbi will soon be allowed to trade against the rouble in Russia, Putin said.

    "That has forged an important step in bilateral trade and it is a result of the consolidated financial systems of world countries," he said.
    ...
    This type of arrangement is known as Currency Swap which bypasses the use of the US dollar for increased trade and reduction of volatility.
    Already almost 10 countries have signed currency swap agreements with China and the amounts involved are staggering, not peanuts.
    Russia, Argentina, Singapore, Malaysia, Hong Kong, Indonesia, South Korea, Brazil, Belarus and perhaps a few other countries have signed currency swap agreements with China.
    Currency swap agreements with China are a precursor of the Chinese Yuan eventually becoming another reserve currency as China slowly works to making the Yuan fully convertible.
    Longer term, as the Yuan becomes a more important reserve currency the US will be unable to simply print paper money for use in uneconomic applications like wars, which at present cost the US nothing because of its abuse of "quantity easing" measures-resorting to the printing press.

Similar Threads

  1. I did it, I finally did it!
    By gingerphil79 in forum General Forum
    Replies: 15
    : 02-12-2009, 04:09 AM
  2. Wow ... Finally ...
    By denniscool in forum Introduction
    Replies: 8
    : 07-25-2007, 06:16 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •