Where are we today....as if anyone really knows?...... THE MUDDLE EAST..... Feb/30/11
Bear
Posts: 18,953 ✭✭✭
1.High National debt, dropping National income in the USA.Cat Nip for everyone.
2. Total instability in the largest Nation in the Muddle East.
3. The Nation, as usual, appears to have been caught by suprise.
4. Washington very quiet indeed.
5. PMs seem unusually quiet so far
6.Vast military implications due to Egypt
7. Egypt has always been on the edge of poverty. What will this revolution
do to that already weak economy.
8. Once more, we know not were we come from, not where we are going to or how to get there.
9. We are going from a STATE OF SELF DECEPTION to a STATE OF TOTAL CONFUSION
10. What is next, Pearl Harbor gets attacked and bombed again?
2. Total instability in the largest Nation in the Muddle East.
3. The Nation, as usual, appears to have been caught by suprise.
4. Washington very quiet indeed.
5. PMs seem unusually quiet so far
6.Vast military implications due to Egypt
7. Egypt has always been on the edge of poverty. What will this revolution
do to that already weak economy.
8. Once more, we know not were we come from, not where we are going to or how to get there.
9. We are going from a STATE OF SELF DECEPTION to a STATE OF TOTAL CONFUSION
10. What is next, Pearl Harbor gets attacked and bombed again?
There once was a place called
Camelot
Camelot
0
Comments
State of confusion?
David's (Tom Cruise) Mustang (New York) has a registration of 02/30/01, only ten yeras off, Bear!
Egypt is a much bigger boodle. Maybe the market is anticipating Moobaruk getting out with 15 or 16 tons.
"Ya steal 16 tons, and whadda ya get?
Another day older and nowhere in debt!"
I have a feeling that Friday was the fun day.
The fun looks to be over in GLD, on the Egyptian panic front.
If that is so, the AU slide should resume and the S&P will be fun on
Monday. An early morning in/out may be all that is there, tho.
AA might be safe LONG at pre-market open. Dump by about 11 am,
or sooner. Just guessin'.
..................
IF stocks are way up in pre-market, it might be best to stay out and
just watch.
1. Another record income year, seventh straight increase and salary more than doubled in 7 years
2. Egypt is a fascinating country with an amazing history. My daughter is studying it in her Montessori school.
3. News on the TV is expected, but no one clusters around the set, following every story
4. We're have a favorable view on the balance in the federal government right now, looking forward to a more stable 2 years ahead
5. PM portion of asset mix up in value threefold in past few years, box of gold and silver almost too heavy to lift
6. Jets often fly in and out of Miramar and we watch and hear them come and go, ready to defend or attack against threats
7. We're glad the middle east is so far away and it's so peaceful in our middle class neighborhood with good parks and schools
8. Our families have bettered themselves for generations, and we're teaching values of effort and responsibility to our children
9. We are going to go to the beach tomorrow to get a STATE oF RELAXATION and may drive by Torrey Pines on a lark, watch some golf and gliders
10. Next is get some sleep, go to work developing products made in America, come home to a good wife and a good life
Liberty: Parent of Science & Industry
Four Reasons Why The Government is Destroying the Dollar
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>Gee Bear, where you are seems to be not very happy, based on your list. Not sure where you live, but in my America:
1. Another record income year, seventh straight increase and salary more than doubled in 7 years
2. Egypt is a fascinating country with an amazing history. My daughter is studying it in her Montessori school.
3. News on the TV is expected, but no one clusters around the set, following every story
4. We're have a favorable view on the balance in the federal government right now, looking forward to a more stable 2 years ahead
5. PM portion of asset mix up in value threefold in past few years, box of gold and silver almost too heavy to lift
6. Jets often fly in and out of Miramar and we watch and hear them come and go, ready to defend or attack against threats
7. We're glad the middle east is so far away and it's so peaceful in our middle class neighborhood with good parks and schools
8. Our families have bettered themselves for generations, and we're teaching values of effort and responsibility to our children
9. We are going to go to the beach tomorrow to get a STATE oF RELAXATION and may drive by Torrey Pines on a lark, watch some golf and gliders
10. Next is get some sleep, go to work developing products made in America, come home to a good wife and a good life >>
Knowledge is the enemy of fear
in all things.
Camelot
<< <i>Coholk,I wish I could be optimistic like you. I hope you are right
in all things. >>
I just have a different perspective Bear. The way I see it, Americans have been living the life of lobster and filet mignon for the last 30 years. They were promised Creme Brulee for dessert. Of course this lifestyle is unsustainable so now Americans will eat haddock and pork chops with a brownie sundae for dessert. That still sounds like a mighty fine dinner to me. Is it a dropoff from the last meal, of course, but it is not the end of the world and that dinner is still better than 99.999999% that the worlds population eats.
So be proud to live in America, the greatest country for the last 200 years, and the next 200 years. Sure there are bumps in the road, just as there were since 1776, but here are no problems the human spirit cannot overcome. My kids will establish great lives for themselves, of that I am sure!!
Knowledge is the enemy of fear
We are close to the eve of WWIII.
If you have no PMs, buy some.
A 12-month+ food supply would also be a good investment.
<< <i>We are close to the eve of WWIII.
If you have no PMs, buy some.
A 12-month+ food supply would also be a good investment. >>
WW3? You will need more than PM's and a years food supply.
<< <i>
<< <i>We are close to the eve of WWIII.
If you have no PMs, buy some.
A 12-month+ food supply would also be a good investment. >>
WW3? You will need more than PM's and a years food supply. >>
A fallout shelter would help.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I am thankful for what I've been able to earn with my education and experience in this, the greatest land of opportunity that has ever existed.
ON THE OTHER HAND - I am unhappy that the government wants to take what I've saved from me and give to some who never bothered to study or work. I'm unhappy that a manchurian candidate who is so blase' about our history and our law is so willing to tear down our society and to replace it with a utopian dream that has never worked every time that it has been tried, simply because he has an attitude about American colonialism in the 3rd world.
Let's review. Nobody ever extracted oil or created a market for it in Algeria, Saudi, Kuwait, Iran, Iraq, or UAE before the Brits and Americans came and PAID the tentdwellers handsomely for the rights to do so. By any measure, the Brits and the US could have come in and simply taken it. Now, because we did things in mostly ethical ways, we are paying a heavy price. Never mind the immense wealth that has been squandered by the Kingdoms in the Oil States for decades and decades while their rulers have for the most part brutally oppressed their own peoples.
America is blamed for many problems throughout the world, just as I expect to be blamed for being educated and hard-working. Except for a tin can and a cherry b**b sometime around 45 years ago, I don't remember ever using e*plo*ives to bl*w anything up. And yet, our own Homeland Security Administration has politicos who can't (and won't) protect our borders but who would consider ordinary people like me to be more a threat than illegals coming here to get free stuff simply because they can get away with it.
Now, I find that my way of life is being targeted and blamed for people on the other side of the world not having enough to eat or clean water. People from degenerate cultures move here and expect to make us think like they do. America is being smeared with bad intent from one end of the globe to the other, but the truth never seems to get much traction. That tends to make me a bit testy, and I tend to agree with Bear's points.
I knew it would happen.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Please pass me the mashed potatoes and biscuits please.
Seriously I agree 100% with your thoughts.
Camelot