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  Topic: Fox/CNBC Reporting A Bank Holiday Needed Next Week
3aidlillahi

Replies: 14
Views: 514

PostForum: Economics & Finance   Posted: Sat Oct 11, 2008 5:25 am   Subject: Re: Fox/CNBC Reporting A Bank Holiday Needed Next Week
Since a bank holiday, or even the announcement of a future one, would cause a run on the banks, wouldn't it make sense to have an alternating holiday? So like, over a one week period, each bank would ...
  Topic: Obama Campaign Confesses He Is Kenyan
3aidlillahi

Replies: 10
Views: 339

PostForum: Americas Discussion   Posted: Sat Oct 11, 2008 4:20 am   Subject: Re: Obama Campaign Confesses He Is Kenyan
Won't matter.
The media has paid no attention to the fact his first job was for a terrorist, no attention to his legal affairs with ACORN intimidating banks to give inappropriate loans and register d ...
  Topic: Lehman CEO Punched In the Face
3aidlillahi

Replies: 29
Views: 1275

PostForum: Economics & Finance   Posted: Wed Oct 08, 2008 6:27 pm   Subject: Re: Lehman CEO Punched In the Face
I have to agree I am also keen to see some blood.
Not so much out of any particular emotion as a keeness to see opportunity taken to restore some form of justice and honesty.
Go after them while th ...
  Topic: Maybe they're right: it won't be like 1929...
3aidlillahi

Replies: 16
Views: 1175

PostForum: Economics & Finance   Posted: Wed Oct 08, 2008 9:48 am   Subject: Re: Maybe they're right: it won't be like 1929...

As for cutting, I personally believe we could cut damn near a trillion from the budget. its important to remember the enumerated powers. Spending outside of that is not hitting bone. We may think we ...
  Topic: Fed orders emergency rate cut to 1.5 percent
3aidlillahi

Replies: 26
Views: 1186

PostForum: Economics & Finance   Posted: Wed Oct 08, 2008 6:26 am   Subject: Re: Fed orders emergency rate cut to 1.5 percent
When will it be 0%?

How about -1.5%?

Yeah. Let's PAY people to take "money." That oughta work.

With inflation around 15% and even CPI inflation at 5%, they've been paying people to take the d ...
  Topic: Dollar Supply Spikes, Growth Rate Hits 21%
3aidlillahi

Replies: 4
Views: 346

PostForum: Economics & Finance   Posted: Tue Oct 07, 2008 5:30 pm   Subject: Re: Dollar Supply Spikes, Growth Rate Hits 21%
I'd noticed a month ago the plunge that the growth rate had taken. No doubt, it was from banks stopping their lending a great deal and the slowing economy. This, the rebound, was to be expected give ...
  Topic: Dow 8000?
3aidlillahi

Replies: 44
Views: 1626

PostForum: Economics & Finance   Posted: Tue Oct 07, 2008 3:27 pm   Subject: Re: Dow 8000?
I'm guessing around 8000-8500 on Nov. 4. We'll be below 8000 before Christmas hits, so I voted before Christmas season (late Nov.).

Really? What's the bottom? Like the human population, the DJ ...
  Topic: Can Chesapeake Energy be trusted?
3aidlillahi

Replies: 10
Views: 348

PostForum: Peak Oil Discussion   Posted: Tue Oct 07, 2008 11:05 am   Subject: Re: Can Chesapeake Energy be trusted?
They likely mean 100 years "at current rates of consumption." That's how these numbers are usually given, and it's always disingenuous as hell. Especially, in this case, with all the buzz about buildi ...
  Topic: Depression Talk....in "Cramer"ica????
3aidlillahi

Replies: 16
Views: 857

PostForum: Economics & Finance   Posted: Tue Oct 07, 2008 6:54 am   Subject: Re: Depression Talk....in "Cramer"ica????
Tonight Cramer was talking about having 5 years worth of cash on hand in a savings account. For a Wall Street guy he is now the definition of doomer.

joeltrout

Last night on the Colbert Report, ...
  Topic: Booms, Busts, and Construction Cranes
3aidlillahi

Replies: 6
Views: 350

PostForum: Economics & Finance   Posted: Mon Oct 06, 2008 5:35 pm   Subject: Re: Booms, Busts, and Construction Cranes

I thought they were pretty much out of oil. Something like 10-20% of their income is oil related anymore. I think most of it is investing, business and tourism.

1 is wrong, 2 is correct. While ...
  Topic: Risk of Default on Government Debt Higher Than Exxon Debt
3aidlillahi

Replies: 12
Views: 801

PostForum: Economics & Finance   Posted: Sun Oct 05, 2008 3:58 am   Subject: Re: Risk of Default on Government Debt Higher Than Exxon Deb
How can our government be run by Big Oil but do such a worse job than Big Oil on finances? Razz

Is this really shocking? I think I, and just about everyone here, is better qualified for a loa ...
  Topic: Biden/Palin Debate...The horror! The horror!
3aidlillahi

Replies: 284
Views: 7613

PostForum: Current Events   Posted: Sat Oct 04, 2008 6:47 pm   Subject: Re: Biden/Palin Debate...The horror! The horror!
I think there should be a difference noted between small businesses (which have profits of maybe a few tens of thousands or a couple hundreds of thousands per year) and corporations, which have CEO's ...
  Topic: Wachovia freezes accounts of nearly 1,000 colleges
3aidlillahi

Replies: 15
Views: 954

PostForum: Economics & Finance   Posted: Sat Oct 04, 2008 11:30 am   Subject: Re: Wachovia freezes accounts of nearly 1,000 colleges
I never set up my university ID with Wachovia as a Freshman despite having an account with them. Then last year, so I could buy some Au and Ag, closed my account with them. Good riddance.

Lowem, ...
  Topic: For Treasury Dept., Now Comes Hard Part of Bailout
3aidlillahi

Replies: 7
Views: 475

PostForum: Economics & Finance   Posted: Sat Oct 04, 2008 9:05 am   Subject: Re: For Treasury Dept., Now Comes Hard Part of Bailout

It sounds to me like the wolf is no longer guarding the hen house. Instead, he has taken up residence. Shocked

And he's hired a dozen more wolves to aid as "bodyguards" for the hens and charges t ...
  Topic: New Passat Bluemotion II. 57.4 mpg US
3aidlillahi

Replies: 53
Views: 1157

PostForum: Energy Technology   Posted: Sat Oct 04, 2008 4:26 am   Subject: Re: New Passat Bluemotion II. 57.4mpg US
I got my first ride in a modern diesel passenger car(a Mercedes) this week via a coworker and wow, they really have come a long way. You'd never know it was a diesel. It wasn't noisy or smokey or an ...
 
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