A sign of a larger problem. When a system becomes too complex, it becomes unmanageable. The same is true of securities. They've engineered something that nobody can control. The result is a total loss of control, which destroys markets along with value. Simpler is best, just so it works as Einstein remarked. Invest in the newspaper and traditional publishing markets. Tech is headed for a whole lot more trouble in my humble opinion. What works always works and we can all clearly see what is not working. We just can't fix it.
Are the economy's recent financial failures also moral failures?
They are worse, they are technical failures. Morals don't cost money. We have all this money invested in complex systems that are failing. They can't be bailed out and it doesn't pay to fix them. All that can be done is scrap it out. That's what is being done. It's going to get scrappier before it's all over with. Quality will go up in value as the junk gets liquidated.
The pressure is building for sure and things are crashing down. Opportunity is greater than crisis. I have the Bullitt. Here's a Bullitt, "We wanted peace and we could have used our power to move toward peace. We did not know how to use it."
Narcs
The other guy has the gun and we stood like Tyrannosaurus Rex. He perished from the earth and so shall we, not for a lack of power but rather a lack of understanding on how power should be applied. The brakes have been applied and it's so bad that the nefarious dispensers of habit forming drugs who have preyed on children nation-wide are feeling the pressure and going bust. The dealers of death are dying. It's looking bad for banks and others in the distribution side of the dirty trade. It's a cold dish and cities do rise and fall on virtue and vice. Some security lasts forever and love conquers all for the good of the future and there is a lot of good in the future if we live in peace. There will be progress and my Philly days were filled with discovery too. The good journey continues and let the losses be what they will be. You can't stop progress, you can only stop crisis. The economy rolls on rewards and punishments. Thanks for the space Pub. It's been a big bust and getting bigger. It's looking like a boom at The Post, so keep buying and keep selling and let your profits run on!
"Remembering the TNT days in Philly. You are not forgotten." Rest in Peace Brother.
Have some lobster for me in Maine, it is one of my favorite foods. Been to Maine for a 5 day vacation and loved it, but I wouldn't want to live there.
I love living on the coast, but Maine is too cold. Brother's are Maine, mine was to me. He was a great dancer and we would go every week-end just to dance and have fun.
He was a riot at the dinner table growing up, and he could light up a room with his personalitiy. He told me before he died "don't waste time with unforgiveness, because it will all comes crashing down on you at the end."
I beleive he was right in his assessment. He was really moody the last few months before he passed away. I took a lot of his anger, knowing that his time was short I was not about to deny him of the right to express his disappoinment with things in his life.
I learned not to take others so seriously when they are under pressure. But you will find that certain people want to hold a gun to your head for every comment you make. These people have no tolerence, are bitter inside, hatful, spitful, and generally will seek the opprotunity to slay you in one way or the other, and will usually do so behind your back. I don't like to be around people that live in that kind of state. It is not healthy emotionally or mentally.
Hi Moon Penn,
"Each must tend their own garden. Take care of yourself and your trees."
I only have one tree, a Ficus tree. It is my brother's favorite tree, he is deceased now but today is his birthday and I miss him so. So today was a very sad day for me. I had a very low tolerance level today and vulnerability reared its ugly head.
You remind me of someone that is dear to me. Someone that doesn't believe in himself like he should and always questions what should be instead of accepting it for what it is. He has problems with trust, but he is a good man We don't talk anymore but if I could talk to him I would tell him that outside of my daughter he is the person that I love the most, he has his faults but to me they are minor issues compared to all the good that dwells in him.
He sees his worth in his vocation but not emotionally. If he could only see what I see in him, the good, underneath all the residual from life's turmoil, he is a genuine, loving, and a caring individual that depicts strength and gentleness in one touch, a balance that few men ever achieve in a life time.
A cover was provided and all is well. There is no way that he could be a party to anything that is evil, only that which is good. You can't take back what was done before but you can prevent it in the future, do not doubt in that regard. That level of grace will not be extended to others Not to worry, it was asked, noted, and relayed that there is no association with the events. His friends, not all, but certainly some are not worthy of his devotion, but I have no say in the matter. Him, I will always love.
If you should see him tell him that for me, please.
I hope it all goes well for you. Thanks for the thoughts. They are getting rare these days. So many good minds consumed with so much greed and the problem appears as a mystery to them all. Throw more money at it. I'll look in my mirror and you look in yours. Each must tend their own garden. Take care of yourself and your trees.
MP “it can get better. I'm going to shoot some balls and have a drink. It's a sad day.”
Thanks for you positive attitude, I know how you feel about being misunderstood with your post. I stopped posting here as much for that very reason. People misinterpret and misjudge what I said or was trying to say, so to avoid any further confusion I limit my posts here. It is hard because the ones that I had good exchange with like you, I can’t have anymore, I miss that exchange. Too many people involved making determinations about things/issues/feelings where they really don’t have the slightest clue. I went out with a girlfriend last night; she needed to get away from her sad situation, so we were both out trying to feel better about things. I don't want revenge, or to hate, or to take action as a matter of self-preservation. I don’t know what to say anymore. I'v learned that it is better to clarify things if you can before taking any action.
My exchanges with you brighten my life. Last week was a bad week for me. It is hard to trust again. Still very sad too, if you see me smiling I am experiencing a brief time of hopefulness about my future. I keep this scripture in mind and it is my way of trying to encourage myself,
Proverbs 13:12, (12) Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life.
Keep hoping in your dreams. Me, I'm still losing sleep.
meaning the thugs you sent to beat my car with a baseball bat that busted my driver’s side mirror which happened at 2:30am on 9/21/2008
I know nothing. People are out of their minds.
Ask Sgt. Shultz.
Schultz: [walking in to the office introducing a Captain] Herr Kommandant, this is Captain Müller. He barely escaped the terrible raid!
Colonel Klink: That raid was a complete failure!
Schultz: No, Herr Kommandant! They knocked the stuffing out of the Messerschmitt factory and got away from the Luftwaffe!
Hogan: Illustrious Luftwaffe.
Schultz: Illustrious Luft...
Colonel Klink: Shultz!
I want to register a complaint on behalf of my men.
Hey gang.
I don't really have a plan. As soon as you plan, something else happens you never expected. I have the Maine thing, which is really more of a concept than a plan. It's a really old concept and thanks for all the care. This whole country cares. I'm just another guy living in a hole in the wall and shooting golf balls. Just so the campers are happy, it can get better. I'm going to shoot some balls and have a drink. It's a sad day. Happy camping! http://www3.holeinthewallgang.org/letters/default.html
Moon Penn wrote, “Not everyone. We wrecked the place and there are more shells to shock what needs shocked. There's some plan now to dump the bad debt down under. This follows the "bad bank" idea. Oil has to go down to relieve the pressure, so that is where the shockwaves need sent. You won't see them. You could see more gas stations closing instead of banks closing. Back to paper work.”
Still hooked on revenge and the delusional belief that you are above reproach when you act on your revengeful plan to pay someone back for something that they did you didn’t like?. “You won’t see them” you mean I will not be able to identify them? Glad to see that you are finally admitting and taking responsibility that “we wrecked the place,” meaning the thugs you sent to beat my car with a baseball bat that busted my driver’s side mirror which happened at 2:30am on 9/21/2008.
And this means what, “dump the bad debt down under”……..hmmm, and You won’t see them,…..could be interpreted that you have a plan to murder and dump someone down under, that follows the “bad bank idea.” After all you say that “Oil has to go to relieve the pressure and that is where the shockwaves need sent” so someone has to pay for what they did, as you previously put in other posts on an On Faith blog site on 9/19/2008 and 9/21/2008, as follows,
“MOON,PENN :
If you can't pay, you are still going to pay. The only difference is what you are going to pay with, your money or your life. It doesn't matter to me, because one way or another you have to have faith in somebody. It might as well be yourself and your family if you have a family. Never abandon your partner. I have faith in the firefighters. Wall Street is another story?
SEPTEMBER 21, 2008 2:51 PM”
MOON,PENNA :
"People feel like they are owed something - entitled and that is the morality part of this story."
People are owed and I think we know the morality part by heart by now. Don't fool yourself. More pain is ahead. Some deeds are more important than others.”
SEPTEMBER 21, 2008 3:00 PM
MOON,PENN :
"Lawyers, guns and money take care of problems and we have plenty of all three. Above and Beyond we have faith which beats being down and under.”
SEPTEMBER 19, 2008 9:41 AM
MOON,PENN :
When under pressure, people rise or fall to meet the challenges. The weak panic and run. This could be a record setting week and one way or the other you take the good with the bad. Good is good. Faith is good if not misplaced. Better watch yourself.
SEPTEMBER 21, 2008 10:09 AM
A bit of advice, hatred and revenge never satisfies, it breeds more hatred and revenge. Let it go and move on. Watch how you word things you could give one the wrong idea about your intentions. It is all in the perception of the other, like when I saw the Asian, friends, Best Buy, and 7 eleven.
"I think the markets are on pause trying to figure out where this is going to go. Congress is still there," said Mark Coffelt, portfolio manager at Empiric Funds in Austin, Texas. "Right now everyone is a little bit shellshocked." WP
Not everyone. We wrecked the place and there are more shells to shock what needs shocked. There's some plan now to dump the bad debt down under. This follows the "bad bank" idea. Oil has to go down to relieve the pressure, so that is where the shockwaves need sent. You won't see them. You could see more gas stations closing instead of banks closing. Back to paper work.
It's getting sporty. First McCain bails on the debate and now it looks like he has bailed on the bailout. Now they are going to start new talks, just not a summit because it turned into a shouting match. Crude is sliding as the bailout comes undone or redone or whatever it is. Maybe by letting the bailout ride over the weekend the price of gas will go down. If it keeps going down, so do food prices and a lot of other things. The bailout debate could do more for the economy than the bailout. The bailout could make things worse than they are, if that's possible. Anything is possible. The bailout is looking like mission impossible, which is how the whole mess started to start with. It never ends, so I believe it will all workout because it has to. I'm going to workout side. The debate continues, it's just a bigger debate. Maybe you need a bailout debate blog. Sell more ads and make money on the debate. It could last for a month and maybe into next year. The debate is looking bigger than the election. It seems like people are now forgetting about the election and wondering if their bank will close. The banks with money will not close, so no debate about that.
Out of lettuce(Lactuca sativa)and I wanted a BLT for breakfast. I ended up with a BBT, bacon, basil and tomato sandwich. Horseradish optional.
You have to make it up with what you have growing.
Basil Rathbone, MC (13 June 1892 – 21 July 1967), was a South African-born English actor most famous for his portrayal of Sherlock Holmes and of suave villains in such swashbuckler films as The Mark of Zorro, Captain Blood, and The Adventures of Robin Hood. http://www.londonscottishregt.org/iraq/index.cfm
What new breakfast means
"Let us take a break today from the academic world -- and talk about food and perhaps drink. A neighbour of mine who is a famous chef gave a series of talks a few years ago on Radio Eireann. Time and again he emphasised that the best way to start the day is with a good plate of porridge. I couldn't agree less." Con Houlihan http://www.independent.ie/opinion/columnists/con-houlihan/what-makes-a-real-irish-breakfast-1481530.html
I need a break fast. The Pros are saying: Buy Buy Buy, which means Sell Sell Sell. Agree more or less, somebody buying means somebody selling.
Everybody is speculating and I'm having a late breakfast. The bailout isn't looking like Bailfast. Belfast is still eating breakfast, lunch and dinner and so are we. Better late than never. It's lunch time. It's always time to eat or getting to be time to eat. It's never too late for good things. The good things can wait and get better for the wait. The bad things just get worse and are left behind. I'm having breakfast for lunch and after that I'll see what happens. Looks like rain and we need it and the garden needs it.
Something to chew on.
MILWAUKEE (AP) -- "Shareholders of Wm. Wrigley Jr. Co. have approved the company's $23 billion sale to Mars Inc., a move that will end more than a century of family control as the chewing-gum company becomes part of what will now be the world's largest candy maker."
$23 billion is a sweetheart of a deal and Mars is green to go. We should be seeing more of these deals and family control is now a different family affair. Mars Inc., a family owned company whose global net sales are about $22 billion. You can't beat family control because it does make a difference, so the business grows and another family retires. It looks like a nice retirement package. All is well that ends well and McLean, VA just got bigger. If more banks close maybe we can convert them into candy stores. I'm sure the kids would love that idea.
Post Numbers +O50
The Washington Post was taking flight this morning, then orbited for the afternoon and the closing numbers are: +0.50 (0.09%) Here we go 050 again and up to 09, so it's funny how things work out. The important thing is that they work. My morning paper was 50 cents. The last check was +20.50 (3.60%) and the main thing is that it stays positive so the checks cash. I'm deep into negative territory here, but somebody has to be doing good and it might as well be the newspaper and candy business. I wonder what would happen if the newspaper and candy business merged. It is the land filled with opportunity and I have my candy jar sitting here on the table and it's full of papers. It is a rather historic candy jar. Another story.
50 cents here and 50 cents there and you are talking a real even paper dollar. How sweet it is. I hope everything stays positive there, because I'm melting down here like a chocolate bar. It could be worse and maybe it will turn around. Always get a receipt.
What the Pros Say: Buy a Mattress! CNBC this morning
Get those mattress ads running.
Financial bailout agreement reached this afternoon
They agree on a set of principles. Losing money sucks, so everybody agrees.
We can all sleep at night again.
I'm sidelined for now.
You are +20.50 (3.60%)
I hope you keep going up, because going down is a pain and I know a lot about pain.
Don't lose any sleep, I'll lose it for you.
Deer, meet headlights
You Fox, no not that Fox http://time-blog.com/curious_capitalist/
Things keep getting more dear! And how they do.
Keep the lights on and keep the presses pressing.
Red or white wine? It's lunch time.
Upbeat news WPO +25.81 (4.53%)
If the day gets better maybe oil will go down. A fill up is killing my grocery budget, but I have a garden. A guy can hope. The down news is that a half a million computer jobs are leaving the United States by 2016. I guess for better or worse we are stuck with the printing presses and the same old things that we always depended on. Keep speculating and don't get Paddy whacked!
Market Geometry and Irish Math
Read the problems and prove them as originals. You can arrive at solutions pretty quickly and the problems don't multiply.
Everybody has an angle or a global angle. The geometry does not change. It's business as usual at the little banks and the big banks, well that's not looking so good. The WashPosties are looking up +13.87 (2.44%) The geometry of the chart looks positive, so if you are going up the best thing you can do is keep going. 52wk Range: 551.11 - 880.00. Keep selling good articles and that gets you back in that 880.00 range. Past that is 900.00, which beats a $900 billion bailout, so we all save a lot of time and you make a lot of money. That is what I call a win-win which beats an all-gone by a long-shot.
Just like that +17.13(3.01%). It's an uphill battle in a war of words. The numbers get better the higher you go, so go above and beyond then go some more. The profit is the moral thing and as a moral thing it is safer than the alternatives. I'm up and you are keeping me up. If you only knew!
Everybody is now speculating on the bailout so the market is going up. If it keeps going up, the irony is that we won't need a bailout so all you can do buyers and sellers is keep speculating. With more speculation comes more volume and more volume means more action for everybody. It's never too late for action. The bailout seems to be more talk than action leading to more talks. Things are looking up until they are looking down, so I better go invest in my morning newspaper to see what I'm really thinking. I've been speculating on the newspaper business and I've always got satisfaction for knowing what I know. If I don't know, it's good knowing somebody knows better. I know it's time for coffee and the rest of the day. I need to go bail myself out here.
"Federal Reserve Chairman Ben Bernanke told Congress Tuesday the government should pay more than "fire-sale" prices for the toxic assets" AP-I think
They are having a summit today to see how much more should be paid. The cash is all-gone, so let's see how much cash can be burned to recover ashes from ashes.
"When the lamp is shattered, the light in the dust lies ahead." Hopes from last October
"I feel I can do it-if only nothing happens" Rachel
"I look back at the devastating wreckage of those plans. . ." More wreckage ahead.
Toxic assets at a premium prices. What a bar-gain. I have premium whiskey at a bar-gain price, so quality pays off and pays for itself. There are lots of junk bonds floating. I guess we'll see what sinks next. It won't need help sinking. The market will sink it, so don't get that sinking feeling. Kids have to learn how to swim and I keep drowning my sorrows. The Presidential Ball is looking like a Wrecking Ball.
What can you do? Hit a Golf Ball and get into a hole and head for the 19th hole or head for a 19th nervous breakdown. Here it comes, here it comes, here it comes, here it comes and I'm going to Maine so hells bells.
Bush administration officials warned an angry Congress on Wednesday that the U.S. financial system would sink into Great Depression-style chaos unless it approved a $700 billion bailout plan and the president called an emergency meeting for Thursday to try to broker a deal.
Like my grandmother said, they call it the the great depression. I was there and there was nothing great about it. I guess the same could be said today for some of our leaders. Public debt is public robbery and we have a lot of thieves out there. I guess that's why people are angry. We're going to save the Middle East with all this debt. They have their own debt and don't need ours. This is going to take time. You have investigations, meetings, hearings, debates, more meetings, hearings and before you know it you are back at your rattlesnake ranch.
I'm back to the Maine thing. The million six is looking like a problem, when I thought it was a solution. I decided on a compromise and went looking for a B&B for R&R until I can hatch a better plan or at least a different plan. I found something timeless and this is all going to take timeless the way it's been going. I kind of like Room 9 http://www.pilgrimsinn.com/room09.html
This large, bright and sunny room on the third floor overlooks Northwest Harbor across the road. It features beautiful wood floors, exposed brick and vertical beams. This room also has a sitting area and iron queen-sized bed. A tri-fold privacy screen separates the shower area, with the toilet in an enclosed area.
Settle down and think. Do not panic, it's such a large and immediate chaos, but it is a very well planned chaos and as such only the weaker will be eliminated while the stronger will survive and get stronger. As it's always been. The reality is that the strongest businesses are in the United States, so the United States never needs to bail itself out. We are the ones that bail everybody else out. There's no bailing out the Middle East, they are going to take bigger financial hits than they ever imagined. So are those that invested there, so let the chaos continue while the fire burns out of control. Everything is good at the firehouse and we never abandon our partner. A lot of people are going to wake up and find their money all-gone. They won't be the firefighters. Watch out for oil slicks selling futures and telling tales. The oil industry could turn into large and immediate chaos with falling values and tumbling prices. It's getting too expensive to fuel up the fire trucks, so something needs to give and something needs to get. More chaos is ahead, so don't fall behind. Lots of people are.
"Middle East is now grappling with the contagious global credit crunch and worries over its own overheated asset market. And the debate among Islamic scholars is sure to complicate those woes."
Grunt Intel: Grappling hooks are currently used by combat engineers breaching tactical obstacles.
A tool available for this purpose is the rifle-launched grapnel, a single-use grappling hook placed on the end of an M4/M16 rifle. A grapnel can clear up to 99 percent of the trip-wires in a single pass. A grunt is only as good as the tool he has for the job, so he has no use for the debate. The debate only distracts you from the mission. We have better tools, no debate about it. The markets are all booby trapped and the boobs all got trapped and now want the grunts to sell off their tools to untrap the boobs. It's getting hot and sporty and some get burned worse than others. In our market each is free to shoot for their own goals by their own rules with their own tools, if they believe the game itself is good. So be a good sport and keep your cool. Winning is the only religion. Cool heads prevail and tools make the grunt. A grunt never bails out before the mission is complete and there is always the next mission. It may be too late to think about it, it's just never too late for the action. Parts of the market look like skid row and the shooty-spiky-thing can cause all hell to break loose. I wonder how the market did today. The breach is open and more closed businesses to come. They need to go all-gone on a need to know basis. That's why newspaper is so important. It's just another tool for the good fight. These Middle Eastern newspapers could turn into a big mess, so ours need to be all the bigger or at least all the more profitable. Build a new printing plant and get more tools. As any grunt knows, newspaper has many uses in the field. Keep your steel sharp and stay good to go. Maybe I'll see you in Maine, if I ever get all these tools and papers packed up for the trip. It could take some time.
The same resources being used to investigate, debate and sort out the financial trouble are resources not being used for defense and security purposes. We need to be prepared for anything and right now we seem to be unprepared for anything and attacking ourselves using our own resources. If you lost money, that's the breaks. Look at the threats and they are real. Some threats are more grave than others. The best defense is business growth, so if you aren't prepared to grow better be prepared to be eliminated. It all comes down to all or all-gone. The country can't afford to carry defense debt and all this bad business debt. The debt is being eliminate along with the business that created the debt. All for victory and none for defeat. I've been at all-gone since September of 1967 according to my records, so I've gotten pretty good at it over the years. More things are going to end up being all-gone.
There's gone for good and good and gone. The newspaper has always been good to go, so it should keep going good. A lot of other stuff is going to end up for good all-gone. It's not coming back because it can't be secured or it isn't worth securing, so wasting resources and billions of dollars on it. It will only result in greater losses and more money will end up all-gone. You think your expenses are high now, just think of a nuclear attack. That's why we need a surplus and we have more debt than we can imagine and it's growing. That doesn't mean more security, it means greater losses. The growing debt not only threatens security now, it is a threat to the security of the next generation. They aren't concerned about it, so we better be and we better do something about it and do it soon. It's not Pearl Harbor, it's much worse than that we need to be prepared for and we are not. Pearl Harbor was an attack on a military target. The danger now is an attack on civilian populations, so the stakes are higher than ever, while the profits are getting lower. Raise profits and raise security. The alternative is losses and loss of life and liberty. Expand or die. Invest in the United States or invest globally. We see what happened to the global strategy. It's all-gone or going. It is just not good to go.
I was reading that there are 1,400 FBI fraud investigations going on now. That number is almost certain to go up. Billions are missing and they want mor billions and want them fast. Fast money can lead to ruin and we have all kinds of ruin. Good people are getting ruined for the greed of a few guys trying to run the world into the ground. The threats are now called grave. Do you think?
Mercy to the guilty is cruelty to the innocent. Now the spin is that nobody is innocent. A bunch of Nuns just drove by on the way from the convent. The cars keep going by. Sell your Gulfstream if it's that bad. Hit Hollywood up for cash, they all have more money than God so they say. The NFL is paying people like there's no end to the money. Look at Pat Tillman, a true patriot who gave all for the country. The country is worth giving everything for and some do. The rest of them are whatever you call them. You lost a few billion. If you were smart enough to make it once, you should be able to make it up later and then you die. Life's a beach.
Left, right and who cares? A newspaper has to be positive or it's negative. -27.393% is not good. You want to be positive and then your numbers reflect how positive you are and things start looking up for you. Everything is on the line and losses keep multiplying. Software is looking like a big loser in all of this. There's always free software. Paper carries costs and it carries weight. There's plastic and metals, metals are enduring and lots of plastic is now melting. No helping it. Of course the greedy are going to say how bad everything is and it may get worse. If you have $20 billion, it might be looking real bad. I don't, so for me it's all paper, progress and family. For them it's all something else. I have no idea how they think and I don't want to know. I just want to see the presses keep rolling and they appear to want to stop them or print more money backed by nothing. It's like printing the paper in crayon. Ink and paper still mean something in this world. They would sell wine with no label on the bottle. That little piece of paper means something. You can buy wine in plastic jugs too. You can't beat glass though.
What is the reason this is posted. It's quite evident whose camp you are in. You both are hateful, way, way left people who should not be in journalism. Newsweek and WaPost has become a very, very left, in the camp for Obama magazine/newspaper.
I'm boxing up the bankers den here, just trying to get to main things in Maine. I took down the old bank charter that was on the wall. The memories and Leo Crowley. The picture is worth a look-see: http://www.trumanlibrary.org/photographs/printRecord.php?id=19255&rr=
I wonder what the charter is worth. It's another thing I can't sell on bankers orders. Then there's all the other stuff I can't sell and I need $1.6 million for the road ahead.
"Back in the business world, Crowley was named chairman of the Milwaukee Road in December 1945 and made it turn a profit until the mid 1960s. He continued contact with the White House: President Dwight Eisenhower appointed Crowley to the United States Commission on Civil Rights in his second term, and he was known to have dined with Lyndon Johnson." I have the inaugural program from 1965. That's a keeper. "The will of the people is the only legitimate foundation of any government..." Thomas Jefferson, as quoted in the program. Mrs. Perle Mesta was Social Consultant to the Chairman.
I need to go find a box and pack up. The $1.6 million can wait until later and then who knows what? This could take some time. I keep coming across something else and it's back down memory lane trying to get to Maine. Maybe I need a Packing Consultant. If it's not one thing, it's the Maine thing. I can't rush this, so some things take more time than others. That's life!
Dear Posties,
Things are bad here. The hospital is planning layoffs and the local newspaper is doing the same. If more people get sick, things could look up for the hospital. The newspaper appears to be in critical condition and life support may be too late. Some news is worse than other news. You might find some lemons and make more lemonaid and get a bigger market in on the bargain. Holy Toledo, it keeps getting worse or better depending on the bar gain. Our town decays and cities rise and fall on paper gains or losses. Gains are all better.
"A memorial museum of George Washington relics could not excite any considerable interest if it were located in that decayed town and the devotee had to get to it over the Boston and Maine," Mark
Are the economy's recent financial failures also moral failures?
What's newsy?
"Actions louder than words, Bush tells U.N.
The old line was that Wall Street got drunk and on the road of life there are drivers and drunk drivers. Now the drunk drivers have all crashed and we get to buy them new cars and a bottle of Scotch, so the price of a drink keeps going up as you can see. When you are running on empty, sooner or later you start walking. With the bailout, they are going to get things running faster again. If you hit a brick wall it's a sign that you need a bricklayer. They want to hit you in the head with a brick and tell you how good it feels. It's urgent and they are going to lay a new yellow brick road to bailout oz. . . .Have another drink and keep silent. Silence is golden. The city newspaper still cost the same today and the comics are still comical.
Intel: For Wednesday, September 24 -Why hide what you have to offer from others? Being shy and coy can be cute, but these aren't effective tactics for showing the world what you can offer -- especially if you are looking to create a romantic connection. So today, you need to take a bigger risk -- reveal your inner thoughts and ideas and you won't be disappointed. You are a lot more intriguing than you realize. Providing a clue towards solving the mystery will attract a lot of people to you.
"A true friend freely, advises justly, assists readily, adventures boldly, takes all patiently, defends courageously, and continues a friend unchangeably."
William Penn
I just need one person and $1.6 million for change. Attracting a lot of people benefits a publisher and I am not a publisher. I am a rough.
Clues
"I solicited from basements to garrets, and sold books in both, to rich and poor men, roughs and gentlemen; and think I have climbed steps enough to land me in heavenland, and am just as far away from the goodly place, but not any farther, than when I first began my sad departure; for I received many good lessons, and some of the very best, from the roughest masters, and when least expected. And although temptations and insults greeted me, I would also have received them if stationed behind any village or city store counter, in any permanent establishment. And I saw no reason why I should not or could not work in that capacity as well as men, and support myself, and respectably, too."
Only a woman can turn a rough into a gentleman.
"Debating the question of ways and means, . . . I was prompted instinctively to pick up a city newspaper . . . my visionary mind was mechanically drawn down through its newsy page to a single item of distinctive meaning, so electrifying and magically warming my freezing life-current, that I was instantly thrown into complete respiration and retroaction. It was a simple announcement, an advertisement only, of A. Roman & Co., who wanted agents to canvass "Tom Sawyer," Mark Twain's new book. I had been led to it by a mysterious guidance . . . ."
The sun is up, so this rough must go out and get his city newspaper and see what is newsy. I was led to the Maine thing by a mysterious guidance . . . . "If this man sprained his ankle, a million miles of telegraph would carry the news over mountains -- valleys -- uninhabited deserts -- under the trackless sea -- and ten thousand newspapers would prate of it; if he were grievously ill, all the nations would know it before the sun rose again; if he dropped lifeless where he stood, his fall might shake the thrones of half a world! If I could have stolen his coat, I would have done it." Mark
I'm packing up my bar to go. It's good.
It is once again looking like a long cold winter, perhaps colder than most on Deer Isle. Things keep getting more dear. Bundle up those papers and keep warm. It's soon off too Maine for me and all gone unchangeably so. I don't know about You. I may never know, just so you know all's well that ends well. That is the Maine thing.
"For the purpose of financing the war the Government was issuing large amounts of bonds. To aid in this financing, Congress passed "An Act to Provide a National Currency Secured by a Pledge of United States Bonds and to Provide for the Circulation and Redemption Thereof." approved June 3,1864. From a history written by George H. Thurston, published in 1888, we learn: "The rates of interest on Government bonds during the war was 7.3/10 and 6%, and the interest was paid in gold, and this sold at times at a premium as high as 100%." The addition of the circulation privilege made the purchase of bonds highly attractive to banks and many hastened to apply for national charters." From the bankers den
Today the war financing is different and all we can say to many of the banks is turn in your charters. We have the circulation privillege of the newspaper and we'll be reading about more bank closings. If not we'll be writing more stories about bank failures. Many banks are simply running on borrowed time. If they have money to redeem with they don't need bailed out and if not there's no redemption for a good many of them. There's good and there is as good as gold. Then there is the rest of it.
Unless the HOLES in the financial system are properly plugged up, this 700 billion dollar bailout will just GO TO WASTE. The reason why we are in this FINANCIAL MESS is because all those holes came into play at full throttle. Some people simply abused the weakness of the dollar for their benefit. Upon seeing the weakness of the dollar, they played up the price of oil. They can do it because as we have seen last Monday, there is no regulation that can stop them from doing so. With very high oil prices, the companies become vulnerable and weak. Here comes the SHORT SELLERS taking advantage of that weakness and betted that the stock prices of these companies would fail. As a result of stocks plunging, many companies struggled and many could have borrowed money from banks and in the process raised the interest rates. Also, profits from short selling contribute to excess liquidity and to offset this liquidity, interest rates are raised. As interest rates climbed, so does the mortgage interest rates. Many homeowners defaulted which put banks on a tough situation. Again the SHORT SELLERS saw the opportunity to profit so they came BETTING AGAINST the banks until we see all these big banks failed.
Now, we can see that there are THREE BIG SUCKING HOLES that came into play that put us into this mess. The FIRST are the SPECULATORS who played up THE PRICE OF OIL. The SECOND are SHORT SELLERS which pulled down the stock market. The resulting HOLE (third hole) which these two sucking holes created are the FORECLOSED houses which continue to burden the financial system.
The SOLUTION to this mess is simply to PLUG UP these THREE HOLES. First is to create an OIL PRICE STABILIZATION LAW which I explained in my earlier posts. Second is to PERMANENTLY BAN SHORT SELLERS. Thirdly, if they want a bailout, it should be used to relieve the homeowners by lowering their mortgage interest payments and return the foreclosed houses to its previous owners under a restructured payment scheme that's affordable. The third solution will release the banks from bad debt and can therefore continue and start clean anew.
The hedgefunds which will be affected by the ban on short selling can look for MORE PRODUCTIVE investments like the manufacturing sectors and new technologies sectors. This shift of investment would lower interest rates because manufacturers would not be crowding in the banks for loans. This will also make our manufacturing sectors competitive. As a result more jobs will be created.
This is WIN-ALL SCENARIO and to achieve this, THESE THREE HOLES MUST BE ATTENDED TO, otherwise, NO BAILOUT WILL SUCCEED.
Do you have faith in the economy?
Only if a woman is handling the books. You can easily see what the men have done with the economy. I don't think it can be doubted that women are better with money. In all money matters I trust in God and woman.
Now for the Maine thing, the dream if you will.
"One doesn't have to be sensitive to feel the strangeness of Deer Isle." John wrote. I was told that when the time came, I would have everything that I needed.
The twin bridges and one bounces.
Deer Isle is separated from the main land by Eggemoggin Reach and may be reached by car via a narrow 1939 suspension bridge bearing the island's name. This bridge is a sister bridge to the first Tacoma Narrows Bridge, which collapsed spectacularly in 1940, due to wind vibrations. The Eggemoggin Reach bridge still stands today. Presumably the dimensions of the bridge and the geography of the Reach do not create the same aerodynamic conditions that occurred in the Tacoma Narrows. The bridge does bounce up and down on windy days, however.
The local paper for the ladies http://www.islandadvantages.com/
One door closes and another opens http://www.haystack-mtn.org/opendoor.php
Now all that I need is a woman to figure out the money situation for me and I am good to go.
Everything keeps getting more dear for the dream of Deer Isle is strange and here we are On Faith, perfect strangers reaching different conclusions. The geography of the Reach makes all the difference. There we have a bridge to a safe and secure future.
"The Chinese use two brush strokes to write the word "crisis". One brush stroke stands for danger; the other for opportunity. In a crisis, be aware of the danger — but recognize the opportunity." I have reached for the bridge of opportunity and the question is who will cross that bridge with me. I can not cross it alone. None of us can, because we all need somebody. Never abandon your partner and never abandon their dreams. Big challenges are always ahead and we always meet them and the next set of challenges become even greater for generations that follow ours. The bridge of opportunity will always be here in the United States and we will always reach higher and achieve more because of it. It is a long way home from here and a different way. With hope it is a better way.
A new frontier always defeats a crisis and progress is born of courage.
The Baptizer drew crowds and charged for the "dunking".
The historical Jesus saw a good thing and continued dunking and preaching the good word but added "healing" as an added charge to include free room and board. Sure was better than being a poor peasant but he got a bit too zealous and they nailed him to a tree. But still no greed there.
Paul picked up the money scent on the road to Damascus. He added some letters and a prophecy of the imminent second coming for a fee for salvation and "Gentilized" the good word to the "big buck" world. i.e. Paul was the first media evangelist!!! And he and the other Apostles forgot to pay their Roman taxes and the legendary actions by the Romans made them martyrs for future greed. Paul was guilty of minor greed?
Along comes Constantine. He saw the growing rich Christian community and recognized a new tax base so he set them "free". Major greed on his part!!
The Holy Roman "Empirers"/Popes/Kings/Queens et al continued the money grab selling access to JC and heaven resulting in some of today's
richest organizations on the globe i.e. the Christian churches (including the Mormon Church) and related aristocracies. Obvious greed!!!
An added note: As per R.B. Stewart in his introduction to the recent book, The Resurrection of Jesus, Crossan and Wright in Dialogue, ( Professors Crossan and Wright are On Faith panelists).
"Reimarus (1774-1778) posits that Jesus became sidetracked by embracing a political position, sought to force God's hand and that he died alone deserted by his disciples. What began as a call for repentance ended up as a misguided attempt to usher in the earthly political kingdom of God. After Jesus' failure and death, his disciples stole his body and declared his resurrection in order to maintain their financial security and ensure themselves some standing."
Judaism - Because the foundations are so mythical, it is almost impossible to be historical about greed in said religion. The historical King Herod and his offspring were with the assistance of Rome, however, were a very greedy bunch.
Hinduism and Buddhism- A Google search will take you to many instances of greed in the leadership of said religions even though like other religions greed is a major sin and disorder.
This baby book is bringing back the old days, the good days and the all or nothing days for me.
At 14 months I did "ALL GONE".
Those were the days and I'm still doing all gone, I'm just doing it differently today.
Fatally Flawed Bonds
"Islam, where the world's fastest-growing debt market has hit the skids in part because leading Islamic scholars began to question whether some popular Islamic bonds, or sukuks, followed Islamic law."
"the conventional, interest-based marketplace," have churned out products that give lip-service to Islam while using "ploys that sound minds reject and bring laughter to enemies."
That game was all played a number of years back, after invasion USA started, so it was tricky. Broken bonds do spoil a jihad. We have different laws and blanket laws. Their law means nothing to us and now maybe to them it means less.
Behind the Scenes
I was working for this wealthy old woman. I say what do I get paid for lip-service? I just get one of those looks. Nothing needs said. A number of years later I find my baby book and it turns out the woman knew my grandmother years ago and the family gave me a blanket for my first birthday. Some bonds can't be flawed or broken because you don't even know about them until years later. I don't remember the blanket, because I was one. I'm sure it was a nice blanket, because the lady was loaded. After all these years I'm still covered and good to go. As grandmother said, things keep getting more dear. And how they do.
"The reality is that we're in a situation that if Wall Street falls apart, Main Street is going to get killed." former Federal Reserve Governor Frederic Mishkin
Wall Street is falling apart, so why not just give all this money to Main Street so it doesn't get killed? At the end of the day, who gives you anything? The government takes what they can, along with everybody else trying to get a piece of you for themselves. Holywood is swimming in cash, but Main Street is being thrown to the wolves. The newspapers are barely hanging on and have always supported Main Street, because they came from Main Street. Too many vultures, too few eagles.
Yes, there is the myth, but he is now in the world, although as yet behind the scenes.
Great, then maybe he can go direct traffic on Wall Street. There behind the scenes too, along with all these lobbyists in Washington running a circus to see who can lose more money, New York or Washington.
Propaganda
"There wasn't wholesale panic but minus those with a desire to jump on the oil-related bandwagon, there was a complete buyers' strike.
However, the epitome of sheer panic occurred in the oil market. If the short crowd figured it would chill out and make a few bucks in the commodities market until suspensions in financials were lifted, it made a serious mistake."
It's buyers (union) on strike and sellers (managers) out in the cold. What's the short crowd? People using their heads and selling to avoid losses are supposed to be the bad speculators and the buyers are the good guys. Just like all the home buyers were such good guys and now have garbage mortgages too. Whatever. Now there's hell to be paid and the buyers all want saved from themselves at the expense of the managers. Do like the steel industry. Close the plant and send everybody home after they go on strike.
"The chief reason businesses block access to Web sites is to prevent the spread of spyware and other forms of malware, said Lawrence Orans, an analyst at Gartner Inc. in Stamford, Conn." My Washington Post site was all screwed up yesterday. It seems normal again.
"I think it is prudent at this point for the DoD to act in a manner that is consistent with what businesses have been doing," said Ron O'Brien, senior security analyst at security vendor Sophos PLC in Burlington, Mass. "At home, a lot of these applications are acceptable and the manner in which you use them is at your discretion. But when you bring it into a work environment there are a number of impacts. The most significant is the security risk."
I never had a problem and then that Political Browser came online and something went wrong. I didn't abandon the site. I was rather concerned about why it was malfunctioning though.
You have to be careful what you link to and think about the security ramifications. Your entire site can become toast in a matter of minutes.
"Bottom line: "There is no business purpose for those sites." They don't make money! Making money is moral.
CONCERNED THE CHRISTIAN NOW LIBERATED wrote:
"South and Central Asian mythology
Maitreya or Metteyya, is the name of the Buddha who is yet to come. This is in accord with the Buddhist notion that there is a series of Enlightened Ones, existing before and after the historical Buddha. Maitreya is regarded as living at the moment in a Tusita heaven at the apex of the sensual universe. In China as Mi-lo this aspect of his myth underwent considerable development, his abode becoming identified with a sanctuary from the endless round of birth. In Tibet and China there are rock-cut inscriptions which read, ‘Come, Maitreya, come!’"
Buddhists sure spin some interesting tall tales and myths."
Yes, there is the myth, but he is now in the world, although as yet behind the scenes. Awaited by all traditions, under different names, the Teacher comes. We live in the most extraordinary time in the history of mankind. Many have already met Maitreya and can vouch for his wise and compassionate presence, on the subway in NYC; at a Benjamin Creme lecture in Tokyo, on the streets of your city. He appears daily to teach, to heal, to offer succor. But soon he will emerge from behind the scenes into full and public view. Watch and wait. Wake up to this long-awaited event. http://www.share-international.org
"NEW YORK (AP) -- The Washington Post is launching a new Web section linking readers to the best of political coverage -- even scoops by rival newspapers. The idea behind the Political Browser, expected to start Monday, is to brief political junkies on the top "must reads" of the day, from an article on a scandal to a humorous video making the rounds on Google Inc.'s YouTube."
I've seen political ideas. This one doesn't seem real good. "New Post Web section to send readers elsewhere" Sounds like a high tech way of saying get lost. The whole YouTube idea is embedded video.
Sending users away is nasty, just not as nasty as embedded video has the potential to be. Active content can bring a site crashing down, depending on the content and how things are run. It's a recipe for trouble one way or the other. If you control the video, it's safe. With YouTube it's a matter of being out of control. You end up with problems and it“impacts our official DoD network and bandwidth ability, while posing a significant operational security challenge.” In other words, YouTube is a security risk. Losing traffic for a security risk poses other challenges such as how to get that user back. If it's worth securing it's secured. Don't lose more users for a sense of political gain. It never pays, it only costs.
-104.18 Maybe we can just call it the Down Jones. -105.05 and dropping like yesterday and more bad news and an urgent bailout will be good news too. It's a rat race and they want to feed the rats.
WPO is behind here. How behind?
1-Yr Return (-25.393%) There's no bailout, there's just improvement. Now we have all these people on Wall Street writing bad loans, mortgages and whatever else could of failed. Now they want all these hundreds of billions of dollars for failing. The people who are actually publishing the truth, which I remind you makes you free come out 25 and some odd percent behind. The wrong people are being punished for doing right and now we are actually considering rewarding the others for doing wrong. It's not only all backwards, it's upside down. Maybe if we just destroy the publishing business in America, the entire country will look like Wall Street does and we adopt the Chinese news business model and start making poison baby formula while we are losing all our marbles. Something different needs to start going on. What's going on isn't moral and it will not last. Maybe we need to do something never done before. I have a few ideas about what. There's always next year.
-22.30 It's looking like some stars are now falling. How low can it go? Urgent calls for bailouts and then something else falls out of the sky. One catch 22 leads to the next and all hell breaks loose, so more action is needed and the rules say don't sell even if your brain says get out. You have to keep your losses running on and cut your profits short or you are branded a bad bettor. Dow Jones isn't what it used to be and it's looking worse by the hour. In 22 hours it could implode, leaving 2 hours for cocktails.
I'm a soldier of fortune and I don't know why. I had my baptism of fire and we don't care who the killing is effecting or affecting. They brought war here and made us get back to business the way it should be. All or nothing days are back. You're a Postie or a Toastie. You can't get untoasted, so stay Posted. The Toasties are on Wall Street reading Journals about their own terrible fate. It is what is and will be what it was, just a family tradition and family still makes a difference so nothing changes. Loss is loss and gains are gains. You are Up and Above or Down and Under. Life comes from above and death from below. Heaven and hell are not the same things. Posties are going up, so get some Postie Notes. Wall Street is getting toastie. It's a real necktie party.
Maitreya or Metteyya, is the name of the Buddha who is yet to come. This is in accord with the Buddhist notion that there is a series of Enlightened Ones, existing before and after the historical Buddha. Maitreya is regarded as living at the moment in a Tusita heaven at the apex of the sensual universe. In China as Mi-lo this aspect of his myth underwent considerable development, his abode becoming identified with a sanctuary from the endless round of birth. In Tibet and China there are rock-cut inscriptions which read, ‘Come, Maitreya, come!’"
Buddhists sure spin some interesting tall tales and myths.
The new economy is all search, facebooks and lost money. The siliCons and dotCommies. The old economy is all news, people, papers and postage stamps. They're going to make gold out of lead too and bottle rain water and sell it online for a buck a bottle. Look at Wall Street. It starts at a cemetery and ends at the river. Take your pick and jump. We are at +64.12, which beats -310.07. I think I'll walk up to the real store and get a real paper for 2 quarters. At 4 o'clock I'm a dinosaur here and the prisons will be opened up since everybody is going to be as good as gold. Maybe the water will turn into wine tonight and I can get drunk for nothing.
Faith in the old economy? No. Hope for a new economy? Yes.
Watch and wait..his face appears.
"My friends, I am near you indeed.
I see around you your aspiration and love, your hope and desire for a better world. Believe me, my friends, all these will be fulfilled. That New World is now in the making, is formed in thought and desire, and slowly descends. Therefore, My brothers, know no fear."
" I am among you in many ways. I present myself to the world in many facets. I galvanize all forms to change. I stimulate all souls to growth."
"I am with you and in you. I am the Heart of your life. I seek to place before you the Laws which are God. I aim to evoke from you the love of your heart"
"I am the Prince of Peace.
I am the Sword Bearer.
I am in your heart as Love.
I am your Friend and Guide.
I am the Lawgiver.
I know God's Purpose.
I teach His Plan.
I long to serve.
I bring Joy.
I awaken the New Spirit in man.
I come prepared for the task.
I call you as helpers.
I take you by the hand to the Source.
I shall live among you."
"The time of God has come.
By pure Love man will achieve.
By great deeds man will conquer.
By mighty steps man will advance into the future."
"My name is Oneness.
My Love abideth.
My law creates.
My teaching shall turn all men to God."
Maitreya's Message 100, 1980
"Messages from Maitreya, the Christ",
Benjamin Creme: Tara Press, London. 1980
Something stirs deep within the human spirit. Unbelievable yet felt, experienced. Something soft, yielding yet reserved. Turning one way, all is broken, dirty and dead. Turning the other way, music invites wonder and beauty emerges. Which way to go? Watch and wait. Then you must decide. Share and save the world. All else has been tried and failed.
I'm not racing with rats, so if I don't win the rats don't win. The dream continues and I'm going to do some Swedish research.
"Seriousness and pleasure should thrive together."
Business should be a pleasure, if it is to be serious business. The future is serious business. I have found one serious house for one future. You can never be too sure though.
I'm looking for a house and find a sculpture,
"The Swedish design emphasizes light and spaciousness. The rooms are elegant, bright and expansive. Light floods the house throughout the day through custom made Swedish doors and windows located on three sides of all major rooms."
If Henry Paulson and Ben S. Bernanke want to know what happens when central banks and governments bail out financial institutions, they should be ``learning Swedish.'' Bloomberg
Perhaps for my American Dream, I need a nice young Swedish woman and I too can learn Swedish. For now I'm just trying to figure out how I can get the million six up before the house gets sold and my dream is over and done with.
"The Life of Meaning: "Reflections on Faith, Doubt, and Repairing the World", by Bob Abernathy.
Are Global Humans catching up with the USA's Bountiful Lifestyle since the 1940s.
The USA took over from Europe. China and India are taking over from the USA. How will the USA adjust in this Race for More 'Things'/Blessings from God? Nuclear War?
Gods Daily Promise, 9/23/08. This week's promise: God has conquered all our enemies How well are you running the race?
1 Corinthians 9:24 NLT "Remember that in a race everyone runs, but only one person gets the prize. You also must run in such a way that you will win. All athletes practice self-control. They do it to win a prize that will fade away, but we do it for an eternal prize. So I run straight to the goal with purpose in every step. I am not like a boxer who misses his punches. I discipline my body like an athlete, training it to do what I should. Otherwise, I fear that after preaching to others I myself might be disqualified. "
Paul was teaching about Earthly Gains. He had a problem with the Celibacy of the males, Jesus and his Disciples taught was necessary for males.
Who are all the enemies God has conquered? The 'Flesh' and 'Things'? God's Perfect Humans, took over God's Reproduction of Humans, that ended with Division, Disease, Killing and Death.
The Race of Life is not for Humans to Store up God's Blessing in Individual Barns, but to Overcome the Killing Competition Society, a result Killer Heterosexual Misbred Body Birth Humans.
Planetary Pollution and Nuclear Bombs, should not be the Goal of the Human Race for Eternal Physical Life After Birth, on Planets and in Spaceships.
Male Celibacy would Slow Down, the Destruction of our Overpopulate Home Planet.
Humans should be the Equal Reproduced Male and Female Caretaker Species of Life on a Planet, not the Unequally Reproduced Killer Species.
I found an old royal crack house up in Dayton. http://thisoldcrackhouse.blogspot.com/2008/09/getting-screwed-royally.html
Now we're all supposed to pay Wall Street for screwing themselves forever and ever. The result is we all get to live in crack houses as the world of Washington turns on a bailout hose that is as dumb as the day is long.
Back to the American Dream of mine.
Here's where I want to dream. http://www.huckleberrypoint.com/images/image12.jpg
You can do what you want to do. It's a free country. Are there any interested ladies out there who want to share the dream with me? I'd love to know. I thought I knew and now I'm not as sure as I was. There's always the Maine shore, I'm sure about that.
Some interest is greater than other. You borrow sugar and never repay it. You borrow money and they want more money. How much is enough? Just a little more. Less sucks, so some get more or less screwed on the bad deals. Life can be expensive and quality like love pays for itself. There's a lot of junk that needs liquidated and it will be liquidated. Some banks will be liquidated because they don't have assets, just growing debt and closing doors. One door closes and another opens. I need a million six too http://www.huckleberrypoint.com/plans.html
Plans do change and tables keep turning. I need a new table for good times. We all need something or something else. The American Dream lives on and on. Keep busy!
usury not only ruined people,s economy but people,s brains as well ,look how many people are dependent on $credit$ despite the fact that $jesus land$ not only so large but so large full of milk and honey full of cows and buffalos full of mules and horses full of modern technology full of$ freedom$ ,despite all this nice luxury nice $liberty$ people who call themselfs $civilized $they go and invade peoples land kill and steal their wealth in sharp blow to humanity ,what is funny, they call themselfs human$interferers ?
the old time religion says,
usury is parallel to insanity ,when the society is soaking with usury is also soaking with madness and manic delusionism.
fonication and adltury is parrllel to mortality ,when the society is full of fonication is also full of diseases and death.
mass killing and mass confusness is the end product .
There are bank failures and moral failures.
The Fed announced that it had approved the request of the two investment banks. The change in status will allow them to create commercial banks that will be able to take deposits, bolstering the resources of both institutions.
Who in hell would put their money in one of these banks? That's a good question. Maybe they are going to be used to hold all the bailout money and rescue money. If they transfer billions from the Treasury into these reinvented banks they become the "good banks". The other side is the Fed becomes the "bad bank", stuck with all the bad debt from what was termed "investment bank". I think what it all comes down to is we will be seeing more "closed banks" in the near future. What banks will close? I wish I knew.
THIS INSANITY MUST STOP ( Our National Security is AT STAKE)
It is high time this INSANITY SHOULD STOP. The reason why the U.S economy is so vulnerable to Wall Street speculation is because of SHORT SELLING. The economists DO NOT REALIZE that these people (short sellers) are like PRINTING MONEY UNHINDERED. Earning money at the expense of others (short selling) is NOT EARNING BUT STEALING. It's the same reason why we can't print money freely because it is tantamount to stealing.
UNLESS the regulators BAN THIS SHORT SELLING IN THE STOCK MARKET, Americans will continue to SUFFER ECONOMICALLY as what is happening now. The ENEMIES of America does not need an airplane to crash to our buildings. They only need to PLAY UP THE OIL PRICE IN THE STOCK MARKET and then start BETTING ON THE OTHER STOCKS TO FAIL thru SHORT SELLING. Not only can they ruin the economy of America, but they can also make themselves rich by doing so.
NOW WHERE ARE THE BRAINS OF OUR LEADERS AND ANALYSTS ?
BAN SHORT-SELLING AND IMPLEMENT THAT OIL PRICE STABILIZATION MECHANISM NOW and all will be well again.
That 700 billion dollar bail-out should be used to relieve American homeowners by lowering their mortgage interest rates and those who already lost their homes should be asked to return with their payments restructured.
WE NEED THAT OIL PRICE STABILIZATION MECHANISM LAW NOW.
We have seen how the price of oil jumped 16 points in just one day for no valid reason. It's very clear that the government (both Congress and the executive branch) has NOT DONE anything to rein-in speculators. It is therefore NOT farfetched that oil would rise up again to an all time high as before.
I hope they would now legislate a bill that would rein-in the STUPIDITY of these speculators. Oil has been the lifeblood of world economy and people should not be allowed to play on this commodity. It's very clear that the speculators are not using their minds. They do not understand that they are slowly hanging themselves as the price of oil shoots up to where the economy cannot perform anymore. Their money would be deemed useless if there would be a work stoppage worldwide.
I hope Congress would make a law that would put a price cap on oil everytime speculators are playing with it. If the price of oil today (Monday) is 120 dollars per barrel, the price cap tomorrow (Tuesday) should be 120 dollars per barrel. Since it cannot go up that price, there would be massive panic selling which would pull down it's price. If the price of oil closes at 110 dollars tomorrow (Tuesday), the price cap should be set at 110 dollars per barrel on Wednesday. There is no way to go for the price of oil but DOWN if this mechanism would be put into place. Once the oil price reaches a SANE LEVEL of maybe about 90 dollars, regulators can then SWITCH-OFF that mechanism so it can settle to it's true value. There must be a body that can switch that mechanism on or off as the need requires.
We NEED THAT MECHANISM NOW AND CONGRESS SHOULD ACT NOW BEFORE THESE IDIOTIC SPECULATORS WOULD HAMMER THE ECONOMY AGAIN.
PERMANENTLY BANNING INSANITY (a guideline to who should become president)
From the time humanity started, there never was a practice that a person can sell what he DOESN'T OWN. It is only logical that NOBODY can sell a house or any property which he doesn't own. And yet, this kind of practice is LEGALLY done in the stock market thru SHORT SELLING. That is the term they use for the "PUT OPTION" in stock trading. YES, it is legal to sell stocks which you don't own in the stock market thru short selling. What happens is the one engaging in short selling gets a profit from the loss of another. The lower the stocks plunge the richer they become. What is worse is if they make creative ways to pull it down. That is how insane the stock market has become. GREED and INSANITY has become their god.
Finally, upon seeing that there's a possiblity that all banks around the world could collapse because of this practice, they've made a decision to TEMPORARILY BAN SHORT SELLING. It was not a galant act on their part but only a REACTION TO SURVIVE. They are only TEMPORARILY STOPPING THEIR GREED TO SURVIVE.
It was NOT the planned government BAILOUT which saved the market although it could help ease the money crunch. I hope the bailout would bring down mortgage interest rates so homeowners would also benefit. With the government now owning Fannie and Freddie and the planned absorption of foreclosed properties thru a massive 700 billion dollar bailout, the government has NOW the POWER to REDUCE them.
The point is, let SANITY PREVAIL. The government should now focus on that ONE GOAL to bring DOWN mortgage interest rates and MOST IMPORTANTLY make SHORT SELLING BE BANNED PERMANENTLY.
The PRESURE TO BRING IT BACK coming from the SHARKS would be great. I think Bush would buckle to the pressure. What we need is a next president who can STAND FOR WHAT IS RIGHT. The presidential candidate who can promise to abolish SHORT SELLING ( profiting from the LOSS of others) should be the NEXT President.
Paddy whacked
"RTE calls those who buy stock "investors". They brand short sellers as "speculators" who "bet".
Buyers are speculators too. One man's cheap stock is another man's horror story. And everyone likes a quick buck." Shane Ross
New York Times - Sep 22 5:24 AM
"More financial regulators across the globe are following the lead of the United States and Britain to curb the short sales of financial stocks in a move aimed at returning stability to financial markets, The International Herald Tribune reported."
There are lots of horror stories out there and not many quick bucks. Everybody is speculating, we're all doing it, so according to the rules everybody selling short is more guilty than everybody else. When everybody is guilty, nobody is guilty. Now the bailout or rescue or whatever it's called is going to reward those who got caught with their shorts down and lost all this money being stupid. If you are buying now you are a good investor and if you are selling you are a speculator. It's like trying to regulate buying and selling to control everything and instead of a market you end up with what we have now, a house of cards. There are plenty of cheap stocks and more cheap stocks on the way as people keep dumping them. It's getting to be a bigger dump than first thought. At least there will be bargains to be had and some stocks could go back up in value. It just won't be quickly. Regulations are fine producers, they just are not always moral.
London Calling. Here's a shot of euphoria for you.
Gem Diamonds, a London-listed mining firm, said on Sunday it had recovered a 478 carat diamond from its mine in Lesotho
And I thought Maine was a financial challenge. Imagine the cost of that rock.
Derivatives appear to be popular Down Under. Let's talk high finance and get smashed.
Registrations are being accepted for the upcoming SDIA Young Member Drinks functions:
- Brisbane 4 September
- Melbourne 13 November
- Sydney 20 November
These social gatherings are held regularly throughout the year and provide a great opportunity for young people in our industry to develop their professional networks and are always well attended.
Drinks and canapes provided free of charge – so please encourage your younger staff members come along and to RSVP online via the SDIA Events Calendar.
"We had a lot of euphoria at the end of last week, which wasn't misplaced, but perhaps premature," said Art Hogan
I have a lot of euphoria for my Maine plan, so for me the euphoria from last week continues into this week. Then there's the $1.6 million question which seems mature enough. A mortgage is out of the question, so this could take a bit of time and creativity to work out. I guess life comes down to popping bubbles and popping questions, at least in this economy at this point in time. Another question?
I can't go to my investment banker, because now there are no investment bankers so says the news. Who would of thought? What is this? There are investment bankers http://www.jpmorgan.com/pages/jpmorgan/investbk J.P. Morgan is a proven pioneer in the derivatives industry. I need $1.6 million, so maybe I can use derivatives once I figure out how they work. With enough euphoria and dirivatives something has to work. That or break in a spectacular fashion. They are recognized as a thought leader in derivatives and are unrivaled in the number of deal and industry awards we have collected over the years. What's a thought leader?
WE NEED THAT OIL PRICE STABILIZATION MECHANISM LAW NOW.
We have seen how the price of oil jumped 16 points in just one day for no valid reason. It's very clear that the government (both Congress and the executive branch) has NOT DONE anything to rein-in speculators. It is therefore NOT farfetched that oil would rise up again to an all time high as before.
I hope they would now legislate a bill that would rein-in the STUPIDITY of these speculators. Oil has been the lifeblood of world economy and people should not be allowed to play on this commodity. It's very clear that the speculators are not using their minds. They do not understand that they are slowly hanging themselves as the price of oil shoots up to where the economy cannot perform anymore. Their money would be deemed useless if there would be a work stoppage worldwide.
I hope Congress would make a law that would put a price cap on oil everytime speculators are playing with it. If the price of oil today (Monday) is 120 dollars per barrel, the price cap tomorrow (Tuesday) should be 120 dollars per barrel. Since it cannot go up that price, there would be massive panic selling which would pull down it's price. If the price of oil closes at 110 dollars tomorrow (Tuesday), the price cap should be set at 110 dollars per barrel on Wednesday. There is no way to go for the price of oil but DOWN if this mechanism would be put into place. Once the oil price reaches a SANE LEVEL of maybe about 90 dollars, regulators can then SWITCH-OFF that mechanism so it can settle to it's true value. There must be a body that can switch that mechanism on or off as the need requires.
We NEED THAT MECHANISM NOW AND CONGRESS SHOULD ACT NOW BEFORE THESE IDIOTIC SPECULATORS WOULD HAMMER THE ECONOMY AGAIN.
Out on the lonesome sea
Protecting us from what should not be
High above in the sea of space
Watching down on ship and shore
Protecting us ever the more
I found my love and found my island
A place for us to go and be
Just what we were made for
With the eagles living free
My lonesome dream I gave to you
Just so you would know
What you meant to me
Everything always and forever
An American Dream came true again
A price was paid we never forgot
How we got this great chance
We will not fully know
Some things are not to be
The best is ahead that we know
The long journey ahead
The end we never know
The one of my dreams she knows
How I love her so deeply
With freedom eveything goes
Without you I would be only half alive
The best things are just and meant to be
Never give up on our love
If it is worth a thing
It is worth fighting for
Love is worth living for
The country is worth dying for
You are priceless my love
An American beauty
Written for: All you American lovers out there on the water and up there in the air.
Written By: A guy sitting here on a piece of free soil making some major moves tonight.
“Our Good Journey"
I reached out for you
You were not there
Because of You Love
I reached higher
My hopes became dreams of your touch
You would always be there with me
Inside and I was out of my mind
With no control
Everything seemed out of control
We are free
Love leaves no doubts
Written for: One who is loved like no other and who should have no doubt how special
“Love Conquers”
My heart was afraid to love you my dear
Forgive me for running from what I knew that was sincere
Many doubts came and whispered in my ear
My will prevailed conquering them and said no not to fear
My heart never rests from wanting and loving you
For this one thing I know my love for you is true
My body desires and waits for your touch
I awaken at night and long for you so much
Can you let go and truly forgive what was done
Not to forgive will cause our future to be undone
Quench my thirst my darling for the feel of your skin
Let us be close together as one to feel you within
I have waited for you above all others
For loving you forever is all that matters
Written by: The one who has been deeply hurt and still cries from that pain. For I am not ashamed to say that you hurt me deeply, so deeply that food, drink, or life do not matter anymore. Your revenge against me spoke volumes and was not warranted. When a heart loves sincerely punishment comes from internal torment, by feeling the pain of the one you love, when you hurt, I hurt, when you are sad, I am sad, because in the heart love binds us as one. I should not have borne that guilt because there was no malice in what I did, it was a mistake, people make them. My love for you will not allow me to hurt you, even now taking measures would be justified but I cannot hurt you intentionally. Rest and be well and know that that there is someone that loves you with an unconditional love, so much so that they would rather hurt then to see you hurt. Forever, I will love you.
The Bible answers your question.
Jehovah views the poor with compassion. We read in the Bible: “[God] is sure not to forget the outcry of the afflicted ones.” (Psalm 9:12) Jehovah is a God who cares about the poor.
Regarding Jehovah, the Bible says: “To you the unfortunate one, the fatherless boy, commits himself. You yourself have become his helper.” (Psalm 10:14) Notice how this Bible verse refers to afflicted people as individuals. God looks at each one and considers his or her needs. To him each person is precious and worthy of attention. Jehovah invites people from all economic levels to learn from him and enjoy his friendship.
The Lord Jesus Christ once told his followers: “All you are brothers.” (Matthew 23:8) Thus, all who take up true worship become part of a brotherhood that does not discriminate on the basis of wealth. They care for one another and build one another up in times of trouble. The Bible contains principles that can mitigate the effects of poverty. The Scriptures show that God condemns polluting the body—as by the use of tobacco—and abusing alcohol. (Proverbs 20:1; 2 Corinthians 7:1) The person living by those principles saves money that would otherwise be wasted on harmful habits. He avoids illness caused by smoking and drunkenness and the subsequent expense of medical treatment. The Bible also teaches people to reject materialistic thinking and greed. (Mark 4:19; Ephesians 5:3) By respecting God’s Word in these matters, a person also avoids wasting his money on gambling.
The Bible provides principles for daily living that are practical, even amid severe poverty. Of course, we live amid an economic system in which selfishness rules and profits are all-important. Some who deeply respect Bible principles may still have to struggle to acquire the food, clothing, and shelter they need. But such ones have a clean conscience before their Creator and look forward with confidence to better times ahead, thanks to Jehovah, “the God who gives hope.”—Romans 15:13.
God’s Word does not tell people where they are to live and work. Bible principles, however, can help a person determine whether moving to another country for economic reasons is advisable. Note the following questions and the Scriptural principles that apply.
1. Am I being led on by unfounded rumors? Proverbs 14:15 states: “Anyone inexperienced puts faith in every word, but the shrewd one considers his steps.”
2. Do I have a balanced view of my family’s needs? Am I confusing needs with unrealistic desires? Family heads are obligated to provide materially for their wife and children. (1 Timothy 5:8) But fathers are also responsible to God for educating their children morally and spiritually. (Deuteronomy 6:6, 7; Ephesians 6:4) A father may be able to provide more in a material sense if he moves away. But he cannot provide the moral and spiritual training his children need if he does not see them for weeks, months, or years at a time.
3. Do I realize that a prolonged absence from my wife exposes the two of us to adultery? God’s Word warns married couples to consider the sexual needs of each other.—1 Corinthians 7:5.
4. Do I understand that entering a country illegally can bring serious consequences from the ruling authorities? True Christians are obliged to obey the laws of the land.—Romans 13:1-7.
The Bible reveals the strong feelings Jehovah has against those who promote the unfair oppression of the poor. God’s inspired Word says: “Woe to those who are enacting harmful regulations and those who, constantly writing, have written out sheer trouble, in order to push away the lowly ones from a legal case and to wrest away justice from the afflicted ones . . . , for the widows to become their spoil, and that they may plunder even the fatherless boys!” (Isaiah 10:1, 2) Whether they willingly neglect the poor or they do so in ignorance, those who control the economic workings of human society today are part of an oppressive system that Almighty God is going to replace.
The prophet Isaiah asks such oppressors a serious question: “What will you men do at the day of being given attention and at the ruin, when it comes from far away?” (Isaiah 10:3) Jehovah will put them out of business by destroying the unjust system that they perpetuate.
But God’s purpose includes more than taking action against oppressors. He will give righthearted humans a way of life free of injustice. By means of a superior form of government, he will allow all humans to lead satisfying, joyful lives free of poverty. To prosper at that time, you will not need a large inheritance of money, good connections, or business acumen.
Jesus Christ, the one Jehovah has appointed to rule mankind, referred to that wonderful future as the “re-creation.” (Matthew 19:28) This word carries the idea of a renewal, a new start of human life. By using the term “re-creation,” Jesus emphasized that Jehovah will give righteous humans an opportunity to live life as our loving Creator wills. Among the many benefits he will bring to mankind at that time is the permanent removal of the economic load that weighs so many down.
The Bible prophetically states regarding the rule of Jesus Christ: “He will deliver the poor one crying for help, also the afflicted one and whoever has no helper. He will feel sorry for the lowly one and the poor one, and the souls of the poor ones he will save. From oppression and from violence he will redeem their soul, and their blood will be precious in his eyes.”—Psalm 72:12-14.
This beautiful future is open to everyone. But to meet God’s requirements for life in that new world, it is vital to first learn and then do the will of the true God. God’s Word promises: “Not always will the poor one be forgotten, nor will the hope of the meek ones ever perish.”—Psalm 9:18.
Life, words, dreams, love and blessings. Just simple and good things for a life I love and can't really explain why. I guess that is morality. It's all in your heart and who's in your heart.
"Voyeur, scientist,
figuring words
to tell about the nudgings,
pawings,
writhings
– you’re not invited to the secret rite.
Just watch."
-372.75 says it all. On the flip side of the coin, heads here say Maine is looking better than ever. Since the bailout money isn't working market magic, I think I need to find a new baroness and get along to Maine to keep going along. Don't make any trouble you can't get out of and be nice to the people you meet on the way up. They are the same people that you will meet on your way down. Gold is up, so I made a little gain today. There's always the future to think about and the main thing here is the Maine thing. I don't know about there.
Enjoy off-season http://www.deerislemaine.com/offseasonactivities.html and keep running On Faith.
Moral issues?
The best dreams are the dreams that live on afer we are gone. They live in the hearts of the next generation of Americans. Dream and love eternally. Where would we be without the American Dream and our grandmothers? http://www.yankeemagazine.com/photos/resized468/1362.jpg
Live free or die.
"The land that I am selling is very dear to me, and I know that it will be dear for the future owner as well. When I first walked the seven acres, I knew it was the property I wanted to purchase to construct my home. The landscape and tidal sea recalled similar landscapes where I had lived in both Sweden and Montana. It is a place to become grounded. It is very quiet, private and peace bringing. One can boat here and swim as the cove warms the water. There are rocks and an island in the cove one can swim to, lovely little bays where one can skirt the shore." http://www.huckleberrypoint.com/land.html
It can only get all better.
For a dream to be a special dream come true it must be peace bringing. The future is very dear.
The ad is killing my dream now.
Heating/Hot Water System: German Budherus Furnace (oil). There is a main thermostat and each room has its own temperature controls
Back to Vermont!
Wood Burning Stoves: Two Vermont Castings Wood Stoves
I guess I'll need a chainsaw. Back to oil.
Nothing can ruin this
Versatile, loft-like spaces: Two of the bedrooms and the Great Room on Floor 2 lend themselves as versatile spaces. They have served as studios and bedrooms for the present owner. For new owners, those spaces can serve as master bedrooms, family rooms, libraries, studios for writing, painting, sculpture, dance, architecture, music etc.
Make Plans http://www.huckleberrypoint.com/images/plans.gif
Bail! Hey and send money. I have a lawyer and gun.
I need bailout cash myself for the dream in my mind here http://www.huckleberrypoint.com/housedescription.html
Price: $1,600,000
Type: Single Family
Annual Real Estate Tax: $4549 (2007)
Lot Size: 7.1 acres
Don't bailout on your dreams. Sometimes that's all you have and sometimes that's all you need in America. The millon six is a different matter. It's not like the six million dollar man, don't you know? As grandmother always said, "things just keep getting more dear." How true. The mirror doesn't lie and neither did grandmother.
Now all I need is the money and time to work out the details before it gets sold or I get too old. Are you ever too old? I'm not sure what it costs, but you know things could be getting more dear at Deer Isle. Only time will tell just how dear.
"You know, it's fun to dream." I know. It's much more fun when the dreams all come true. That's the American Dream, Alive And Well.
Off Faith to explore changing colors at: http://www.yankeefoliage.com/blog/
Hope to see you and if not, keep it dear.
I'm headed for Vermont, maybe for good. http://www.yankeefoliage.com/blog/covered_bridges1
Who wants to go to Vermont with me? While things burn out of control, you might as well have a good time. That's the USA.
The men were hunting witches and ended up killing women. I just got the book over the weekend. Try hunting for profit and killing losses guys and gals. That's about all you can do, so it's the same old thing as it's ever been. People are screaming for change.
Chinese news, "The world urgently needs to create a diversified currency and financial system and fair and just financial order that is not dependent on the United States."
We can still make wonderful babies and safe baby food in the U.S., so we must be doing something right and as sure as can be we'll keep doing it. Everything is this big rush and urgent today. The dollar might not be quick, it's real paper though. Good paper takes good time and babies take their time growing up. Can we stop racing to the bottom now?
Loss of faith -206.44
It could be a sign of loss of faith in the bailout plan. Maybe people figure that if they lose enough money, they will be rewarded like the other people who lost lots of money. The real tycoons will be safe. The titans are finished, so it stands to reason there will be aftershocks. It's looking like a down day. There's always Tuesday to think about and the whole week could be down. I'm staying positive and I'm staying up here. I've been up for so long, I forget what down is. The numbers just keep turning, just like the tables do as any waitress can tell you. You have to eat up or down one way or the other.
What has Faith have to do with the Economy? Does Faith lead Humans to Share Equally of GODs Resources on Earth like all the other LIFE Species?
Did the Salem Witch Hunts teach us anything? Which Flesh Lust Temptation, caused the Killing of Humans? Sex, Lies, Food, Drink, Drugs?
The Pure-bred Perfect Peace Adam and Eve Clones Temptation, of Heterosexual Sex Lust, reproduced Inbred Cain and Abel by Heterosexual Body Birth, and All Human Peace was lost. Killing and Death began on Earth.
The Original Peace Equal Male and Female Caretaker Helpmeet Species of Humans, became the Unequal Killer Male and Female Mate Species.
This Original Sin resulted in Hate and Killing and War, by Humans born in Sin. No more Perfect Humans were added to the Mix, and many Mixtures of Race and Creed resulted.
Fallen Humans are caught up in Breeding Perfect Animals, but Humans could Care Less about Breeding Perfect Humans. There are a few trying to Clone Perfect Humans, but this is not Man's Work, that is God's Work, after Humans are Dead.
All the Other Reproduced Flesh Lusts, food, drink, and drugs, etc., cause Sickness, and Death to the Person, without Killing others.
The Proof is in the Pudding. The Human Species is Killing All Life on Earth and their Eco System.
They have set Nuclear Bombs on Land and Sea. Fallen Humans have Polluted their Land, Sea, and Atmosphere.
Where is their God of Love and Peace in All this Activity? In Temples Made By Human Hands?
There is No Love of Brothers/Sisters of Life. Our Nuclear Bombs prove this.
Lets get on with our Greed, Pollution, and Killing, Until All Humans Die.
And Go to Heaven, to be with the Lord God and Jesus, or Where Ever Other Humans Go After Death.
God is Up There, Out There. Somewhere. Who Cares about Here? Any Religion? Any God?
-130.86 just before the 11th hour, but climbing. Could keep climbing higher. It could get above and beyond before the day ends. Business can be a real battle, so everybody can win on the way up if they aren't on the way down. It's looking up here. Wish You were here instead of there. You have work to do though and other things to think about. Keep busy and I'll do the same. Go U.S. Navy. It's getting sporty out there on the seas. Space is like love unlimited and safe.
"MOSCOW (AP) -- A Russian navy squadron set off for Venezuela Monday, an official said, in a deployment of Russian military power to the Western Hemisphere unprecedented since the Cold War."
They were bringing bombers last week and now the Russian navy. We have White Cloud - U.S. Navy Ocean SIGINT Surveillance satellite, intercepts ship to shore, ship to ship and shore to ship tactical and/or strategic, so the socialist Black Cloud can't compete. There's always competition to solve problems. We have black ink and White Cloud. The socialists have red ink and black cloud. I just invested in a newspaper and it looks like rain today. I wonder how the market looks. I'm sure it's looking for better or worse. Better is better. Another cloudy day.
DJIA -101.55
It's looking down right now. Love 101, it always goes up sooner or later. Today could just be one of those down dow days. Somebody knows something and it could get up later today. I'm doing what I can do to stay up here. It can be rough and tumble. I'm going out for my paper, so keep thinking up and I'll go see what they are writing up. Don't get down or too down if you aren't up. Things can always get better and so they do.
A little rebellion from time to time is a natural and good thing, like storms in nature it knocks down things and does damage. Capitalism does damage too. It also gives you the chance to repair the damage. What can we do for ourselves is the same as what we can do for each other. The cost of doing it is the cost of doing business. As the stock market proves, some costs are greater than others. People living and competition beats people dying and no competition. If we fail, we try again until the end and then the next generation comes of age and they take their best shot at it. It keeps getting better and with the right combination of things easier. Failure always makes things more difficult and always will. Failure is not an option or at least a good option. You can shoot for your own goals, by your own rules if you believe the game itself is good. The alternative is a bad game, with worse rules and no goals to shoot at. It's like playing baseball and everybody hits a homer every time at bat and just runs around the bases while people sit in the stands and watch with no interest. There can just be one brand of beer too and no Cracker Jacks. The economy is always into extra winnings, so somebody has to lose. You can't win them all. With socialism you can't win at all. Some things cost more than others and quality pays for itself. Quality is moral. We have a lot of junk and more on the way. It never ends.
ANONYMOUS wrote:"Market forces are not evil. What is evil is those who try to destroy competition. Market forces reward and punish. Rewards are good. What next, evil is the same as good?
So, how are market forces working for you? For the world? We have competition in religion...so many wars fought over whose God is better, bigger. How is your child going to live...thanks to competition she/he will need to slave away for 40 years and maybe, maybe then, retire and live. Market forces are like a dragon which keeps on eating whether hungry or not. Market forces are evil because they destroy your soul..even while persuading you that you are god!
Where there is competition, there is little trust and gross manipulation. Without the coming of the Teacher, we will have a long and dark future in which the pathologies of the market destroy us. Only someone whose stature is that the the Buddha, the Christ, the Mahde, Sri Krishna, the Messiah..can speak to the hearts of all men and women at once so that trust may be born and so that we may realize that we are all ONE. Watch and wait. http://www.share-international.org
All this is revolting. The people who had had financial responsability will be forced into rescue millionaires and "smart investors" that made any deal to get "money". These people now are going to be rescued all the financially responsable people in this Country. So, this is a very convenient Capitalism where you (The Corporations, CEOs, dishonest people) keep the profits and socialize the financial loss.
I think the government should let these corporations to go bankrupt. They did wrong they have to face the consequences. Yes, there will be a crisis, but a crisis that for a change will also be felt by the billionaires and not only by the little guy. This remap the the financial system and make those who had in the recent years had a good management and responsability grow, and let the dishonest psychopaths go out of business. Just do not make me give money to these people!
Matt 21:12-13 as per almost every historic Jesus exegete, Jesus really did say, "Jesus entered the temple area and drove out all who were buying and selling there. He overturned the tables of the money changers and the benches of those selling doves. "It is written," he said to them, " 'My house will be called a house of prayer, but you are making it a 'den of robbers.'
For this impulsive act, the Roman soldiers took Jesus and hung him on a cross. As per many historic Jesus exegetes, there was no trial.
John's version- "When it was almost time for the Jewish Passover, Jesus went up to Jerusalem. In the Temple courts he found men selling cattle, sheep and doves and others sitting at tables exchanging money. So he made a whip out of cords and drove all from the Temple, both sheep and cattle; he scattered the coins of the money changers and overturned their tables. To those who sold doves he said: 'Get out of here.' (John 2:13-16)
This appears to be more about the sellers of animals than about money changers. We should at least give equal condemnation to first century peasant farmers.
And Jesus was a simple preacher man. How, pray tell, did he know anythig about money exchange rates?????
Bottom line: Jesus' wrath that got him killed was more about animals smelling up the temple and being sold there.
As long as the people of the United States are in debt to the Federal Reserve System they will never be free. The Fed will always control us economically. This system is controlled by a small group of private bankers and the richest families in the world. It prints our money and then lends it to us for interest, automatically putting us in debt. It must be abolished.
I believe that banking institutions are more dangerous than standing armies. If the American people ever allow private banks to control the issue of currency… the banks and the corporations that grow up around them will deprive the people of their property until their children wake up homeless on the continent their fathers conquered. Thomas Jefferson
If you want to remain slaves of the bankers and pay for your own slavery let them continue to create money and control the nations credit.
Sir Josiah Stamp
Our great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated, the growth of the nation, therefore, and all our activities are in the hands of a few men. Who necessarily, by reason of their own limitations, chill and check and destroy genuine economic freedom.
We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world – no government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of small groups of dominate men.
Woodrow Wilson
As long as the people of the United States are in debt to the Federal Reserve System they will never be free. The Fed will always control us economically. This system is controlled by a small group of private bankers and the richest families in the world. It prints our money and then lends it to us for interest, automatically putting us in debt. It must be abolished.
I believe that banking institutions are more dangerous than standing armies. If the American people ever allow private banks to control the issue of currency… the banks and the corporations that grow up around them will deprive the people of their property until their children wake up homeless on the continent their fathers conquered. Thomas Jefferson
If you want to remain slaves of the bankers and pay for your own slavery let them continue to create money and control the nations credit.
Sir Josiah Stamp
Our great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated, the growth of the nation, therefore, and all our activities are in the hands of a few men. Who necessarily, by reason of their own limitations, chill and check and destroy genuine economic freedom.
We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world – no government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of small groups of dominate men.
Woodrow Wilson
is this the on faith article to those who worship money...My Lord Jesus the Christ, The Son of the Living God kicked you people out of the temple once...he will do so again...
Let me remind one and all that what drives the U.S. free market capitalistic society are greed and profits, if not avarice.
The strongest and the fittest survive and prosper.
The weak and the inefficient wither on the vine and die a natural capitalistic death.
Given this perspective, American economic society is primarily amoral.
Christians and other religionists may disagree, but American economic society is absolutely secular and thus naturally has nothing to do with morality which is a theological or religious concern.
We can all share and throw open all the prison gates next and let the rapists, murders and thugs loose so we can share with them while we are at it. People are out of their minds!
Market forces are not evil. I know, it's the end of the world as we know it and I feel fine. Not including my bad back. What is evil is those who try to destroy competition. That's who gets punished. Market forces reward and punish. Rewards are good. What next, evil is the same as good?
some quotes about this crisis from Share International magazine:
The major problem is the fact that we have come to the end of our civilization. We are witnessing the breakup of the civilization of the last 2,000-odd years and the beginnings of the process of creating a new civilization .
At the moment we see a super-division of the world, a separation into major groups -- the developed and the developing world. The developed world usurps and wastes three-quarters of the world's food and 83 per cent of the resources. The Third World, as it is called, has to make do with the rest. As a result, 38 million people are, at this moment, starving to death in a world with a huge surplus of food. We have a 10 per cent per capita surplus of food in the world, so no one need starve.
Market forces are the 'forces of evil' because they have inequality built into their very structure. They help a few to achieve a better standard of living, but at the expense of millions who suffer a lower one. Commercialization is gripping every nation in the world as the market forces concept begins to dominate even in the previously communist bloc. We are finding a situation where the rise in tension is so great it has within it the seeds of a third world war, and that war would destroy all life.
Unless we share the resources rather than compete for them, we cannot create that new situation. We have enough food and resources in the world for the needs of all people, but the major nations -- the US, the European states, Japan and one or two others -- completely dominate the scene and usurp and misuse most of these resources. So there is not enough for others at a price that they can afford to pay. The Third World is strapped for its very existence. That is why there are 38 million people starving there. That is why there are 38 million people starving there.
The reason why millions die is not from drought but because they do not have the finances to replenish that which is lost through drought. If you have an economic system which is not based on competition, greed and self-service, which is what market forces are about, then you can redress this whole situation.
"...any government which follows market forces blindly is leading its nation to destruction. He says this civilization is literally at the end of its tether. It is coming to a halt. What we are witnessing today is not simply a recession or slowdown of production. We are witnessing the death throes of the current civilization because it is based on wrong premises."
"...the stockmarket is a bubble; it will burst inevitably. How it bursts depends on ourselves, but it has to burst and let out all the corruption and inequality... We are wasting the resources of countless millions in the world by condemning them to an enforced poverty and degradation, and the misery of undernourishment and starvation."
"...it will take the collapse of our economic system, as we have known it, to bring us to a sense of reality, to realize that we cannot go on indefinitely in a world where one-third of the population uses three-quarters of the world's food and 83 per cent of the other resources. The crime, drug addiction and social unrest in the developed world are a direct result of this imbalance in the world's resources..."
Many people see the error of our ways... But governments, and people who keep the governments in power -- enormous vested interests in the world in all sectors, the simple greed, the self-protective mechanism of humanity -- all prevent these changes from taking place. Almost everybody would admit these changes would be useful, but maybe impractical to implement.
says when that happens the priorities of all governments will change. He says the number one priority of all governments will become the provision of correct, adequate food for all the people. It is the number one necessity. Second will be the provision of adequate shelter for all the people; third, the provision of adequate health care; and fourth, educational facilities for all the people. These are the basics which do not seem too much to ask for enough food, shelter, health care, and education. Yet there is no country in the world not even the US, the most powerful militarily, and once the richest, country in the world not anywhere do these four requirements pertain as a universal right. He says that when they do, they will transform the world.
Humanity is going through a great spiritual crisis, Maitreya says. It is a crisis of identity, to find out who we really are as spiritual beings. As souls we are one. There is no such thing as a separate soul. On the physical plane we have the illusion that we are separate, but in fact we are one. Therefore, we can make this step forward in our evolutionary advance only when we create right human relationships. That is the next spiritual ideal to be achieved by humanity
The first step is the sharing of the world's resources, because if we do not do this we will destroy ourselves. It is as simple as that. We have free will. Maitreya is not going to interfere and make sure that we do not destroy ourselves. He is going to present us with these alternatives: carry on as we are today in the old, greedy, selfish, competitive ways of the past and destroy ourselves, or else accept that we are one, accept the Principle of Sharing; implement it, create justice in the world, and therefore peace, and begin the construction -- under his inspiration, of a most brilliant and wonderful civilization such as this world has never known.
It is really a problem of redistribution of resources. That redistribution results from a change of consciousness. Humanity is approaching a point where it is undergoing a great shift in consciousness, beginning to recognize itself in relation to each other and to cosmos, to nature, to what we generally call God, in an entirely new way. Maitreya says that everything, every single thing in cosmos, is interconnected. There is no break at any point. What we do to ourselves, we do to nature. What we do to nature, we are doing to ourselves, as God, because we are reflections, points of consciousness of that total consciousness that we call God.
Just making a stronger police force or army will not solve the problem. We have to combat the source of the crime -- inequality, imbalance. The whole process of evolution is moving towards oneness, fusion, synthesis. Market forces, which are based on division, separation and competition, act against the evolutionary process. That is why Maitreya calls them 'the forces of evil' They have their place, but only a very limited place. When they are followed blindly, they lead inevitably to destruction.
"... the farmer in the US producing food should reap the benefit of his labour, but the poor peasant in Zaire or Zambia should also reap the benefit of his hard labour. That does not pertain today. In the developed world, we produce so much that we dominate the world's markets. We lay down the price of our goods and, because of our resources, the price of the goods of the Third World also. We demand from the Third World countries the raw materials and products at a price which leaves them able to live only at a very low level, with 1,000 million people living below the poverty line and 38 million actually starving. Yet we demand for our resources, for our production, the top value that we can demand on the world market so that we can maintain what is a very artificial level of living.
We are also seeing the collapse of economic totalitarianism. The economic system, largely based on market forces, is approaching its death.
FAQs
Q: Since the power in the world remains with the rich and the powerful, is it up to the rest of us to wait until they change their mind?
A. No; we will wait for ever for that to happen. Few rich and powerful people will give up their power or riches unless they have to. The mechanics of the change is a world stock market crash. Maitreya has predicted many, many things which have come true. He has also predicted a world stock market crash which He said would begin in Japan. He made that prediction in 1988, and immediately the stock market of Japan began to collapse. As far as Japan is concerned, everyone knows that the 'bubble', as He called it, has burst. This stock market crash will end the present distorted and unjust economic structures. Speculation is seen by Hierarchy as a disease. At present, over 90 per cent of all stock market transactions are currency speculations. The markets have become what Maitreya calls 'gambling casinos'; they have no part to play in a rational economic structure based on justice.
This is no joke. The timing depends on when we are ready to at least listen. How bad does it have to get? Total stock market meltdown is what most say. He won't tell you what to do, and money will not come up. He is so wise and loving, like an elder brother.
One guy is going to appear and tell everybody what needs to be done. You are lucky if you can get somebody to do what needs done if you pay them $70,000 a year to do it. Now we are supposed to watch TV all year and wait for somebody great to reveal what we should do. It sounds like a joke. They all have special knowledge that the rest of us don't have. Give me 50K and tell me what to do.
“So far this is a personal attack, not a business attack. But any other negative news and this guy is toast,” said one banker.
Then came the point when it became a business attack, the negative news followed from there and a lot of people became toast. They can't be untoasted. So much for bailouts. It will work as well as untoasting your toast on Monday morning. Better to butter your toast and enjoy the breakfast than become toast. Buy your own butter and bullets.
Do I have faith in the economy? No, because it is out of balance. The gap between rich and poor has widened. The middle class is in deep debt. The children are dropping out of school in droves. The institutions which brought us solidarity, vision, hope for a better future are dead.
But, watch your televisions over the next year. I cannot say which show, but soon you will see and hear a man of simple but potent ideas for all of us. He will speak to your heart and inspire hope that you had thought was long since dead. I cannot say his name, but just watch for this extraordinary man. Info at http://www.share-international.org
That mission went well Baron. The tycoon has her solace and the titans are safe asleep in their graves. All is well that ends well, so I will wait for instructions on the next mission. I have been developing a new process, because there is always another way to die. More importantly, as you know, there is a better way to live. 007
The titans are bitterly defeated and you the tycoon are happy and safe as it should be.
"Khaos in Hesiod's poem is the air, literally the "gap" between heaven and earth. He uses the word clearly as such in his description of the Titan-War where, through the flaming lightning bolts of Zeus "all the land (gaia) seethed, and Okeanos' streams and the unfruitful sea (pontos) ... flame unspeakable rose to the bright upper air (aither) ... astounding heat seized the gap (khaos)." http://www.theoi.com/TreeHesiod.html
The victory all depends on your family trees and the rest is up to you and whosoever will.
With OPM, there is a big difference between love and a crush. Loving is easy and crushing is difficult. It does seem we are making money into something more difficult than it should be. With love, all good things are possible. What we need is more OPL. We're losing enough money now and if that wasn't enough, now we're looking at a bailout to see how much more we can lose. They want 900 billion dollars and nobody on earth can say how much of that will be lost. You can bet it will be a big number. I've lost enough myself.
You think it's love and then you feel it in your heart, so it has to be real and it's special. It needs no explaining, it's just understood. Then there's the other extreme of not so special spirits.
"The Keres were cravers of blood and feasted upon it after ripping a soul free from the mortally wounded bodies and sending it on their way to Haides. Thousands of Keres haunted the battlefield, fighting amongst themselves like vultures over the dying. The Keres had no absolute power over the life of men, but in their hunger for blood would seek accomplish death beyond the bounds of fate." http://www.theoi.com/Daimon/Keres.html
Do not feed the vultures. Feed the children instead. All this blood was lost and they want more blood, more killing. The Treasury isn't a blood bank guys. Maybe Wall Street should have a blood donation drive this week. It would help the city and God knows the city needs helped. I try to stay within the bounds of fate. It's easier that way.
All in good time. Colbert came into the management of French finances and sent for the principal merchants of the kingdom. He asked what he could do for them. The unanimous reply was, "Pray do nothing!" "Let us do for ourselves." Today is the same deal. The government is different today, so they say the cost of doing nothing is too high, we must spend 700, 800, 900 billion or whatever and in a hurry or the sky shall fall. Wall Street can do for itself what it needs to do. I have other things to do for myself. It being Sunday, Pray do nothing. Monday will take care of what needs done and life will go forward with us or without our money. They always respond, they always say yes if the deal is good. The solution. Make better deals and that gets you into the big money. Do bad deals and pray do nothing. You save everybody money and don't waste our time. The market is always ready to reward good deals and punish the bad deals. Those being punished aren't happy, but they learn a valuable lesson. It could be a record setting day on Wall Street. Invest in the newspaper business, it's still as solid as a rock. It looks like oil is headed down, so it can't be all that bad. Time will tell if they know what they are doing and if they don't, we'll know soon enough. Good luck is common sense and hard work.
I reached out for you
You were not there
Because of You Love
I reached higher
My hopes became dreams of your touch
You would always be there with me
Inside and I was out of my mind
With no control
Everything seemed out of control
We are free
Love leaves no doubts
Written for: One who is loved like no other and who should have no doubt how special she is in all the world, for the good future ahead.
Baron or whoever - if it's done right, this takeover may just restore order to the economy and the markets simultaneously.....and will eventually make back the money + interest that our failed financial wizards skimmed for themselves over the years.
Odd to say, notable and high profile members of said financial elete are re-engineering the new economy as we speak - first come, first served, as the saying goes. No spys will be left out in the cold with this arrangement.
The free markets are dead for a very good reason - they suicided. Too bad the final generation of market killers gets to live on in undeserved luxory with ill-gotten gains before the final bell tolls.
"And here’s the other thing—timing. The U.S. government is getting companies like Fannie, Freddie, and AIG at the very cheapest valuations. Sure, it’s taking on lots of the liabilities. But it’s paying nothing for the equity. It’s functioning more like a vulture fund, swooping in on distressed companies a step away from bankruptcy and taking control by snaffling up their debt. Moreover, Uncle Sam’s SWF finances itself incredibly cheaply. It sells tens of billions in Treasury bonds at ultracheap interest rates—the 10-year bond only pays investors 3.7 percent. And guess what? The lion’s share of these Treasury bonds is bought by foreign governments and central banks." http://www.thebigmoney.com/articles/sovereign-wealth-funds/2008/09/19/paulsons-sheikh-plan
They're going to buy all this bad debt and then sell Treasury bonds to foreign governments and central banks, so why not just forget about money while we are at it.
They are engineering things that nobody will be able to operate or want to operate.
It's a big Rube Goldberg machine.
The "Self-Operating Napkin" is activated when the soup spoon (A) is raised to mouth, pulling string (B) and thereby jerking ladle (C) which throws cracker (D) past parrot (E). Parrot jumps after cracker and perch (F) tilts, upsetting seeds (G) into pail (H). Extra weight in pail pulls cord (I), which opens and lights automatic cigar lighter (J), setting off skyrocket (K) which causes sickle (L) to cut string (M) and allow pendulum with attached napkin to swing back and forth, thereby wiping chin. After-dinner entertainment can be supplied with the simple substitution of a harmonica for the napkin.
I'm going back to my papers here. Watch for vultures.
Most religions support helping those in need, but I haven't yet seen a credible doctrine that calls for the poor and middle class bailing out needy millionaires. There is something wrong in asking families to switch from hamburger to beans in order that the greedy can continue eating caviar.
Someone on one of the talk shows Friday suggested that the executives who presided over this fiasco should pay back their obscene profits and bonuses before we ordinary middle class types are expected to bail them out with our tax money. After all why should funds that were intended for roads, schools, and national defense be available to subsidize jet-set lifestyles and multiple mansions.
Instead of people who live in small affordable housing being asked to prop up the choices of those with unaffordable mortgages, set up a housing service to get those families into more modest dwellings that they can afford.
The country is founded on respect for individual choices, but individual risk has to be part of the equation.
It appears that the Russian car boom is about to go bust. More trouble for GM it seems. If you can't make it in the American market, the Russian market could prove deadly. Three years of losses, one new plant and the Russian market crashing in slow motion. GM is looking for U.S. government loans to keep the losses moving forward. Perhaps new plants in the U.S. would of been a better strategy. It is worse than it looks for GM and it looks toxic.
Lenin's advice: "The question whether it is possible to undertake at once a revolutionary war, must be answered solely from the point of view of actual conditions and the interest of the socialist revolution which has already begun."
Capital keeps revolving. We don't play Russian roulette with the revolver. That's a socialist game.
"People feel like they are owed something - entitled and that is the morality part of this story."
People are owed and I think we know the morality part by heart by now. Don't fool yourself. More pain is ahead. Some deeds are more important than others.
I'm not concerned with bubbles and things that pop, unless it's popcorn and a good film. All these mortgages are going to pop like a bunch of little bubbles. Take a bubble bath and give the kids one too. If you can't pay, you are still going to pay. The only difference is what you are going to pay with, your money or your life. It doesn't matter to me, because one way or another you have to have faith in somebody. It might as well be yourself and your family if you have a family. Never abandon your partner. I have faith in the firefighters. Wall Street is another story? There's a good question Sally and Jon.
"The Titan brothers Atlas and Prometheus undergo their torments. Atlas, hounded by the Hesperian serpent, holds the rock of heaven upon his shoulders and Prometheus, tied to a post, has his heart pecked out by the eagle." http://www.theoi.com/Gallery/T20.1.html
I have an eagle on my mirror in the hall. Avoid the torments.
"A business magnate, sometimes referred to as a mogul, tycoon, baron, or industrialist, is a person who has reached a prominent place in a particular industry (or set of industries) and whose wealth has been derived primarily there from."
There's wealth and there's having your heart pecked out. It never changes.
You can look in the mirror for yourselves. Titans do fall and Post Rome can burn for all I care here. I'm having back & leg troubles and looking at life in a wheelchair or who knows what? I guess the upside is that if I can't walk, I won't fall down and it's one too a wheelchair. You have your own little problem and I have mine. Maybe after you look at yourself in that mirror, you can put a real gun up to your head and squeeze one off. It won't be the first time and won't be the last. It will be the last for you. Life comes down to simple things and if you have the dough you can get what you want. I really don't want a wheelchair, but you need to stay moving ahead to get ahead. People want to make their pain yours. My pain is mine and mine alone. I know nobody cares, because everybody is all caught up in this big money trouble. It will all come to pass and the people will get the justice they so richly deserve. Maybe the newspapers will go broke or some of them will. It's looking bad on Wall Street and Washington is a go go, I'm shattered. If you are up and walking and it doesn't hurt, be thankful for that. You could be taking steps and feeling each one could be your last. It could be worse. 15 feet from where I'm sitting was a wheelchair ramp I built for somebody near and dear. They're all gone and I'm still here, wondering if I'll need a wheelchair and a ramp. Maybe I should build a new ramp while I can still walk and then all I'll need is a wheelchair if by chance I can't walk. Keep looking into the mirror and you'll find your bailout partner there. The government won't be looking back at you. It just looks forward and punishes those who are deserving. If you have a bad mortgage, you only punished yourself. If you expect the government to reward you, you are only fooling yourselves. You made your castle your prison and mine is hospital here with a little hall of mirrors. Just don't come here and look in my mirrors. They aren't collective, although one does have a big eagle on it. Burn in hell for all I care. Maybe that's just the pain talking. In any case, keep your wheels turning and keep doing what you need to do to survive. I'll do the same. Capitalism will teach you a lesson and you can't help but to learn. It could be painful. It could hurt me more than it's going to hurt you. People like me just want one thing. Paid. The rest is all Rome and falling down. Rest in peace.
Does anyone out there think that perhaps some of the Titans of finance plan and execute financial bubbles? I know one person who's beginning to suspect it's so!
It speaks more to the lack of patience and working for something more than anything. If you have to buy a house with a creative mortgage you know that you don't really qualify to buy the house and that you are on dangerous financial ground. People feel like they are owed something - entitled and that is the morality part of this story. There have always been loan sharks - thAT operated in back rooms. Nowadays these folks operate in the open and put a "virtual" gun to your head - while enticing you to get money/mortgage loan from them that you will not be able to pay back. NO ONE is on moral high ground here. We need to hold up a collective mirror get ourselves out of this mess and learn from our mistakes.
Now, a formula to transform my beauty into ugliness. Change my queenly rainment to a peddler's cloak. Mummy dust, to make me old. To shroud my clothes, the black of night. To age my voice, and old hag's cackle. To whiten my hair, a scream of fright. A blast of wind to fan my hate. A thunderbolt to mix it well. Now, begin thy magic spell.
Says magic mirror: Snow White still lives, fairest in the land. 'Tis the heart of a pig you hold in your hand.
The heart of a pig! Then I've been tricked!
Trick or treat. Treats are pure profit. Losses can be tricky. That's just life kids. Be true to yourself and your family. Good tradtions just keep getting better unless you betray them. Then shame on you, loss will follow loss. That's lifes lost and found. Finders keepers, losers weepers. It's rough justice, but it is justice we all serve. The words can save us time. The numbers can add up quickly. It could go either way.
Loss can't prevail. Only profit can prevail and then there's skivail http://vail.snow.com/home/
Sound like a good time? I love a woman and I love the snow. It's all different and it's going to get more different. The morality is still the same.
"Magic Mirror, on the wall, who is the fairest one of all?"
When under pressure, people rise or fall to meet the challenges. The weak panic and run. The stock market just records what is happening in the country and acts without emotion. Never get emotional over an investment. This could be a record setting week and one way or the other you take the good with the bad. Good is good. Faith is good if not misplaced. Better watch yourself.
PERMANENTLY BANNING INSANITY (a guideline to who should become president)
From the time humanity started, there never was a practice that a person can sell what he DOESN'T OWN. It is only logical that NOBODY can sell a house or any property which he doesn't own. And yet, this kind of practice is LEGALLY done in the stock market thru SHORT SELLING. That is the term they use for the "PUT OPTION" in stock trading. YES, it is legal to sell stocks which you don't own in the stock market thru short selling. What happens is the one engaging in short selling gets a profit from the loss of another. The lower the stocks plunge the richer they become. What is worse is if they make creative ways to pull it down. That is how insane the stock market has become. GREED and INSANITY has become their god.
Finally, upon seeing that there's a possiblity that all banks around the world could collapse because of this practice, they've made a decision to TEMPORARILY BAN SHORT SELLING. It was not a galant act on their part but only a REACTION TO SURVIVE. They are only TEMPORARILY STOPPING THEIR GREED TO SURVIVE.
It was NOT the planned government BAILOUT which saved the market although it could help ease the money crunch. I hope the bailout would bring down mortgage interest rates so homeowners would also benefit. With the government now owning Fannie and Freddie and the planned absorption of foreclosed properties thru a massive 700 billion dollar bailout, the government has NOW the POWER to REDUCE them.
The point is, let SANITY PREVAIL. The government should now focus on that ONE GOAL to bring DOWN mortgage interest rates and MOST IMPORTANTLY make SHORT SELLING BE BANNED PERMANENTLY.
The PRESURE TO BRING IT BACK coming from the SHARKS would be great. I think Bush would buckle to the pressure. What we need is a next president who can STAND FOR WHAT IS RIGHT. The presidential candidate who can promise to abolish SHORT SELLING ( profiting from the LOSS of others) should be the NEXT President.
"Golden Rules"
Never refuse an option when you can get it
Cut your losses short
Let your profits run on
That's capitalism and profits run on and losses run you into the ground. Some ground is harder than other ground. Then there's common ground. More losses are ahead and more profit as well. Don't limit your options. Variety is the spice of life you know. It's getting spicey and so it should if it is good.
The Fed is responsible for paying the debts of war. It is not legally responsible for the debts of Wall Street. Alldebts are either public or private. That's life, death and all the rest. Defense has big bills and the soldiers need paid not bailed on or out.
PERMANENTLY BANNING INSANITY (a guideline to who should become president)
From the time humanity started, there never was a practice that a person can sell what he DOESN'T OWN. It is only logical that NOBODY can sell a house or any property which he doesn't own. And yet, this kind of practice is LEGALLY done in the stock market thru SHORT SELLING. That is the term they use for the "PUT OPTION" in stock trading. YES, it is legal to sell stocks which you don't own in the stock market thru short selling. What happens is the one engaging in short selling gets a profit from the loss of another. The lower the stocks plunge the richer they become. What is worse is if they make creative ways to pull it down. That is how insane the stock market has become. GREED and INSANITY has become their god.
Finally, upon seeing that there's a possiblity that all banks around the world could collapse because of this practice, they've made a decision to TEMPORARILY BAN SHORT SELLING. It was not a galant act on their part but only a REACTION TO SURVIVE. They are only TEMPORARILY STOPPING THEIR GREED TO SURVIVE.
It was NOT the planned government BAILOUT which saved the market although it could help ease the money crunch. I hope the bailout would bring down mortgage interest rates so homeowners would also benefit. With the government now owning Fannie and Freddie and the planned absorption of foreclosed properties thru a massive 700 billion dollar bailout, the government has NOW the POWER to REDUCE them.
The point is, let SANITY PREVAIL. The government should now focus on that ONE GOAL to bring DOWN mortgage interest rates and MOST IMPORTANTLY make SHORT SELLING BE BANNED PERMANENTLY.
The PRESURE TO BRING IT BACK coming from the SHARKS would be great. I think Bush would buckle to the pressure. What we need is a next president who can STAND FOR WHAT IS RIGHT. The presidential candidate who can promise to abolish SHORT SELLING ( profiting from the LOSS of others) should be the NEXT President.
Some oil slicks are bigger than others. You can't regulate an oil spill. All you do is clean up the mess, so regulation has limits. You can't make a rule for everything. Trying is a fools task.
For heaven's sake, greed has been with us forever. That's why we have a governmental regulatory system. "Greed is good" so sayeth Gordon Gecko in the movie Wall Street some 25 years ago and it's still the mantra of those who do not produce any goods or services but suck cash and credit out of those who do. At least the 8 last presidents and their respective Congresses have loosened the regulations of the Depression Era that were put in place to prevent these excesses. So. Morals are great but regulations are better.
As long as the federal reserve system controls our money we will never have a truly stable economy. They desire these kinds of crashes because it enables them to buy corporations at a fraction of their worth.
Our government has no control over the fed, it is controled by private bankers. This is the root cause to all of our problems, we must eliminate the fed in order to put our house back together.
"Show me a man who lives alone and has a perpetually clean kitchen, and 8 times out of 9 I'll show you a man with detestable spiritual qualities." Bukowski
As a man who lives alone, I felt bad about the mess in the kitchen. A big mess and it just keeps getting to be a bigger mess. I must of reminded myself to clean it up 50 times and it's still a mess. That's the mens mess hall for you. The back hall is as neat as could be, so there you have it, a look see into my hall of mirrors here. Maybe I'll clean the mess hall today and clean the mirrors while I'm at it. In any case you need to be good if you are going to be good to go. That's life, that's capitalism. It can get messy. Man has a will and woman has a way don't you know.
while moses was receiving the tora ,in his absence,people worshiped the golden calf wich the samartain smelted and fashioned out of gold ,the calf was halowed so the air will go thru the mouth and come from the anus and versa versa ,echoing a funny sound$$$$$$$$$************ it was a big promise and a future to those who worshiped the calf!!!
1-pumping 700 billion (banknotes) in the system will add to the system none but more air no less no more than the identical air that comes out of the calf anus!
2-to bleed the system out of frauds and false hood you need the truth and honesty not more frauds.
3-good honest money remove and wipe away bad money lest you forget this golden rule of any honest economy.
Gasoline is expensive. I was in advance auto today and a guy came in reeking of the smell of gasoline. Three people in the store comment on it including the store manager. I was so bad that the manager was ready to ask the gut to leave.
Ironically, one of the people in the store was someone that I know, haven’t seen him for a long time but it was nice to see him again. Jim said to me that gut smells like he has been rolling in gasoline, that’s when the manager said he was going to ask the guy to leave because he smelled so bad. The guy in the parking lot said his engine caught fire from a gas leak and that he poured water on it and it didn’t stop the fire, he was in a black truck, and I could recognize both of them. The guy in the truck was talking about burning his wife to death with gasoline. I told him that he would go to jail for murder and that I would be a witness to what he said. He also told me that he has hidden cameras in his house to spy on his wife with microphones and that he put a GPS system on her car so he could track her whereabouts. I told him that he will go to jail for doing these things and he laughed and said I won’t get caught. I said the very ones that think that they are above reproach are the ones that get caught. He said he didn’t care that he had people to do it for him and that they would lie for him.
The guy said “she has to pay for what she did to me.”
The NASD amendments to Rule 2520 become effective on September 28, 2001, while the NYSE amendments to Rule 431, which are substantially similar, information memo from NYSE became effective August 27, 2001.
-----
September 28, 2001
As I sat down in my chair, thinking about the sweeping restrictions inposed by this change, a feeling of helpness starts to sweep over me.
I am at a loss of words to express the hideous motives of the financial world's insiders. I can sum up my feelings that day of september in one word - betrayal.
I woke up from my thoughts to conclude that the financial investment environment as we know it had come to an end.
On that day of gloom, I could not have imagined in my gloomiest thoughts that I would live to witness a financial structure breakdown of Wall Street that may eventually swallow Goldman Sachs.
When you talk about morals read the following, and you cannot help but come to conclusion that Bush Administration has gone about systematically dismatle the financial structure of Wall Street.
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The SEC has voted to remove the “short sale tick test”, Rule 17 CFR 240.10a-1 for all equity securities. Effective Friday, July 6, traders will be able to short all securities on an up, down, or zero tick.
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I really feel sorry for those people on Wall Street who cannot stop blaming Alan Greenspan. No one even mention the name of Christopher Cox, who single handedly wiped out trillions of dollars of wealth on Wall Street.
Read transcript of SEC Chairman's full speech and draw your own conclusion
*****
Speech by SEC Chairman:
Opening Statement on Eliminating the Short Sale 'Tick Test'
by
Chairman Christopher Cox
U.S. Securities and Exchange Commission
Washington, D.C.
December 4, 2006
The final item on our agenda today is elimination of the short sale price test - colloquially known as the "tick test."
Historically, the Commission and self-regulatory organizations have sought to balance the competing views of short selling -- whether it is primarily good or bad -- by permitting short sales in advancing markets, and preventing short sales at successively lower prices.
The Commission first imposed restrictions on the execution prices of short sales almost seventy years ago, when we adopted the "tick test" of Rule 10a-1 in 1938. The tick test permits short sales only at a price above the last sale price, or alternatively, at the last sale price -- if that is higher than the previous price.
The core provisions of Rule 10a-1 have remained virtually unchanged since the 1930s. But a great deal else has changed in the marketplace over that very long time. Over the years, decimalization and changes in trading strategies have undermined the effectiveness of the price test. And at the same time, increased transparency and better means of surveillance appear to have lessened the need for the price test.
When the Commission adopted Regulation SHO in 2004, there were concerns expressed at that time regarding the effectiveness of the price test. As a result, in June 2004 the Commission authorized a pilot program to test the premises of the short sale price restrictions.
The Regulation SHO pilot program began in May 2005. It suspended all short sale price tests for a select group of over 1,000 equity securities.
Through the pilot program, we sought to understand the effect of this particular regulation on our markets. The evidence gathered from the pilot suggests little empirical justification for maintaining short sale price test restrictions, at least for the exchange-traded stocks in the pilot.
In light of the results of the pilot program and the market developments that have occurred in the securities industry since Rule 10a-1 was first adopted, we will today consider proposals to remove the tick test of Rule 10a-1, and to prohibit the SROs from maintaining their existing price tests or adopting any new ones. Along with the proposed repeal of the tick test, we will also consider a proposal to make conforming changes to the order-marking requirements of Regulation SHO.
Although the proposed amendments are aimed at removing obsolete price restrictions on short selling, we believe that other controls are still needed to address abuses connected with short selling. That belief is borne out by our action today to revise Rule 105, and our proposal to eliminate the grandfathering and options market maker exceptions under Regulation SHO.
Once these proposals are published, the public and industry will have the opportunity to comment on both the repeal of the short sale tick test, and the changes to Rule 105. During that comment process, we will also welcome any alternative approaches. And we will consider all of the comments and any accompanying data that we receive in determining whether modifications to the proposals are necessary.
I would like to thank the Division of Market Regulation -- in particular Erik Sirri, Bob Colby, James Brigagliano, Josephine Tao, Elizabeth Sandoe, Victoria Crane, and Marlon Paz -- for their commendable work on both proposals. I'd also like to thank their colleagues in the Division of Market Regulation; in the offices of the General Counsel, Economic Analysis, and Compliance, Inspections and Examinations, and in the Divisions of Enforcement, Corporation Finance, and Investment Management, for their contributions and collaborative efforts.
I will now turn it back over to Erik Sirri, to hear a more detailed description of the proposal.
The NASD amendments to Rule 2520 become effective on September 28, 2001, while the NYSE amendments to Rule 431, which are substantially similar, information memo from NYSE became effective August 27, 2001.
-----
September 28, 2001
As I sat down in my chair, thinking about the sweeping restrictions inposed by this change, a feeling of helpness starts to sweep over me.
I am at a loss of words to express the hideous motives of the financial world's insiders. I can sum up my feelings that day of september in one word - betrayal.
I woke up from my thought process to conclude that the financial environment as we know it has come to an end.
On that day of gloom, I could not have imagined in my gloomiest thoughts that I would live to witness a financial structure breakdown of Wall Street that may eventually swallow Goldman Sachs.
One reason foreigners had for investing in U.S. companies was our well-regulated, open and fair markets. Companies would take your money and buy equipment so that they could do more business and return to you a regular dividend and, perhaps, a higher stock price. Today, not so much.
Lenin's advice: "The question whether it is possible to undertake at once a revolutionary war, must be answered solely from the point of view of actual conditions and the interest of the socialist revolution which has already begun."
What can you do? People will fall for things hook, line and sinker. Bush is leading a socialist revolution now. Go figure. I think I'll ride it out with the good old capitalistic system. Maybe we can lose the Cold War after we won it while we are engaged in fantasy here. Obama is all for the bailout along with Bush. Everybody is going to work for the government too, yeah right. We're lucky we can get the government working for everybody. We could turn the country into Cuba while we're at it too and have a Lenin style police state in on the bad bargain.
I welcome the the Socialist Republic of America to the fold. It's good to see the US has at last decided to honor its commitment to 'for the people, by the people' and kick a bit of capital into the social pot.
See fella's, it's not that hard. Now just a bit more and you will have a comprehensive social security net and a universal health care scheme - just like the rest of the developed world (and half the third world).
The money in the bank changes everything ad is funny. The way I feel, you could come here with $5 million in cold hard cash and it's not going to change anything. I might feel better if somebody showed up with a gun and shot me. That would really change everything. Then you don't need to think about money and the failing bank or the rotten mortgage fraud. If you feel good, good for you. It's the rough life here and it only gets rougher it seems.
Something new.
Wall Street May Manage Its Own Bad Mortgage Debt
I'm trying to manage my own pain here. It gets to the point where you can't think about money or the debt because you're busy thinking about trying to get up, trying to walk, so some troubles are greater than others. I guess you can pass your debt off on somebody else easier than you can pass your pain off on others. Pass me the bottle, I'll have me another drink. I don't have time for their little debt time drama. I have my own little problems to work out here. Don't we all? Check with Hollywood. They're all making $20 million a year playing somebody else. Maybe they'll help you. I don't really care anymore and I hope you figure it out. If you can't, think harder about it. Be thankful you don't feel as bad as I do. At least I don't have a mortgage, which is one less pain to be concerned with. Help the people that do, they need your help. That's why you are in business to begin with. Manage it. I'm going back to my own misery here, so I hope it works out. I'm sure it will.
Agent 99 found me, so the mission is complete and now it is on to the next mission. The last mission was deadly and the next mission should be lively until it turns deadly. Mission control is better than being out of control. Some things and some people just can not be helped. Keep those golden guns loaded and ready for danger is everywhere the same as it has ever been. Some things never change and some people never learn. You need to keep teaching the same lessons over and over again. Rest in peace!
Are you there Agent 99? The doom keeps growing and expenses just went well beyond means. We can't save everybody. I will have movie tickets if that sounds good to you. You buy the popcorn and I'll pick up the drinks. Don't yell fire in a crowded theater, unless the theater is on fire.
"The Bush administration today sent lawmakers a historic $700 billion emergency rescue plan that allows the Treasury to buy the troubled mortgage securities that have been toppling major financial firms and are at the heart of Wall Street's turmoil."
It's was $200 billion higher than lawmakers had been told yesterday to expect. Just don't get led astray by artificial rules. By Sunday, it could top a trillion depending how a shot, assist, point, rebound, foul, turnover, or steal. Lots of stealing, fouls and turnover. Maybe we'll all be given new shoes and a big athletic shoe contract too. For $10 million I'll wear clock cleaning Air Force shoes made in China.
This is getting to be trash basket ball and we need more cash to throw into the trash and burn everybody in the process. You can steal more with a pen than you can with a gun and they seem to be at it on a non-stop basis. Trashy people lose money and new rules are applied as needed. The old rules were to simple. I'm not paying for this fraud.
The creeps are creeping the creeps out. You can't crack the United States. For the wedding you get white china and for the funeral you get red china. For everything else we have people playing the blues and getting out of a jam, while others are getting jammed up. It's all the same old challenge. Pay the soldiers and kill the terrorists and the mercenaries. Any soldier with a spirit knows what is worth protecting and will protect it. Our dead soldiers are worth more than their living soldiers because we have honor. Never abandon your partner in times of trouble and these are troubled times.
For My Dear
Out of shadows of night
The world rolls into light
It is daybreak everywhere
Love is light for the journey ahead and should be bright. The next generation can't be abandoned or forgotten. Trouble will pass and light will shine. The USA can only keep getting better. The worst is just in you mind. It just seems hopeless at times and for some it is. For others things keep getting more dear.
Clearly people do not understand something. The correction did not just begin. As long as there have been mistakes, there have been corrections. Too many mistakes and too few corrections result in wide spread losses. The balance then favors those doing the corrections. The teachers are then golden and the students are screwed. The teachers can sometimes learn a lesson that doesn't come at the expense of the student. Between bad mortgages and high taxes, we may find that the sheriff can't keep up with the sales or find buyers for all the houses. You can't have too many deputies in this case. Maybe the plan is to use sovereign wealth funds to buy up all the defaulted houses and we can all rent our homes back from the Chinese or some other country. We get to lose our sovereignty as a people in on the bargain too. What a deal. We have gone from loss to lost because we live beyond our means or because somebody else up the street did. We all get to pay for their big house and big car as we lose what little we have. Everybody pays for everybody else. All are equal, just not free. I will remain independent and free. You do what you want, just don't expect me to pay for your mess. I have my own mess here and a license to kill.
Too many houses, too many condos, too many apartments, too many offices, too many shopping centers, too many brokers, too many banks, too many mortgages, too many speculators !!! And the correction begins!!!
And now I am part owner of over one million of these now inexpensive homes, condos, apartments and shopping centers. Always wanted to be a large Land Lord!!!!
Great news.
Russia Again Halts Stock Trading
Emergency Steps Taken to Prevent Collapse as Market Turbulence Spreads
Only a fool or a crook would invest in Russia. Russia is now contained. U.S. markets will be stronger for it. Who can your really trust at the end of the day? You guys are now O50.
"But a series of moves by federal officials Thursday to limit short sales and to remove toxic assets from banks sparked a rally in financial shares."
Mr. Murdock, how should we price these toxic assets? Good question there Murphy. Make it a one day sale. Sunday sounds good. Tell them the assets were regularly $19.99 and the always low Wal Street price is $8.99. People will rush the doors with a deal like that.
I'll get right on it Mr. Murdock.
And make it snappy Murphy, we have not a moment to spare. Did you price those shotguns yet?
No sir. I was working on stocking the shells.
I see. Where is my paper? I dunno.
Attn. Management and Publisher
We demand that On Faith remove these comments or we are going to get a court order signed by a judge. This is clearly a violation of our rights to rob the next generation of everything they have coming to them for the good of our Chinese partners and we want it stopped. Make it stop or legal action will follow.
MS. PR Dept.
"Morgan Stanley is still having discussions on all fronts," the source said. The firm "feels like it is operating from a position of strength, that it can slow down the timetable and figure out which is the right opportunity to pursue."
Early bird special: Slow Speed Chinese hi-fi turntables $1.99. Records 99 cents.
Limited quanities, WAL STREET STORE ONLY
NO RAINCHECKS-FIRST COME FIRST SERVE
If you figure it out sooner rather than later, you have certain advantages and can pursue better opportunities for the future and the future is serious business. The firm feels. Isn't that touchy feely? Sharks with feelings. They could end up beached whales on a Chinese beach. "China did not want to boost its $5 billion investment in Morgan Stanley." You win some and lose some. I guess the Fed is supposed to kick up $5 billion so the Chinese don't lose their cash. The kids will pay it off for the next 20 years too. No way in hell. Frauds!
Morgan Stanley PR: Hi, this is XXXXX from MS. Have you seen the information on Bloomberg? Mr Mack did NOT say these things. And I’m just calling to get your post on this taken down, so can you take it down?
FTAV: No. We’ve noted the Mack denial - published snaps from Reuters. We will link to that and make denial clear. But the post stays up.
MS felt: You can’t believe the stuff that’s going around. People are just making things up…
FT AV: So what does the NYT say?
MS felt: Oh, that’s being dealt with by our NY people. I’m just ringing round getting stuff taken down….
I just made this up: "We are equally capable of being brought to ruin. My crisis is not equal to your crisis. My crisis is different. You are independent, so you have your own crisis. We are both free to solve them with reason."
Good things are like love and can't be ruined. It's like trying to stop the rain. No matter what anybody says it can't be done. We need rain here. You talk to somebody and they don't like what you are saying, so they start talking about the weather.
Not made up. At least not by me.
"Morgan Stanley, in the throes of market turmoil, has stepped up its merger negotiations with Wachovia in a deal that could also include the involvement of a Chinese sovereign wealth fund, people involved in the talks said." IHT
"But with "everything on the table," Morgan Stanley executives would not dismiss the possibility of the China fund boosting its stake to as high as 49 percent." WashPost
You can't make this stuff up.
"Gracious me Flopson," said Mrs. Pocket, looking off her book for a moment, "everybody's tumbling."
Great Expectations
Take the baby and give me your book dear. The tables will turn. If you aren't Flopson, you could be flipping. I think they could be flipping mad. China is going to take over Wall Street and maybe they can build a Walmart on Wal Street too. Always low prices and you get low quality stuff. It's a junk revolution, I guess. Avoid junk bonds and stock up on canned goods.
3D is here. I have 4D on paper, so it's more of an up close and personal affair. Technology is one thing, but it has it's limits. Other things are still unlimited and you don't need to search for them. They are always with you and always will be. You can't always see them, you can feel them though.
There's silicons on the west coast and neocons on the east coast. In the middle is some guy trying to scratch a living out of a hunk of ground growing pigs and corn to keep America fat and happy. He's too busy to be conned, he's up to his ankles in mud trying to keep the pigs fat to go to market. Some jobs are rougher than others. The rest of them are buying futures and selling futures for some future that might be or might not be. Leave it be at that and bail hay. Your Christmas ham is getting raised somewhere right now and the next thing you know it's snowing and all the problems are different. Different seasons and different plows. Same old expenses and rock salt is going up in price. That's a big problem. What else is new?
No golden parachutes for bailouts, just "Those devils in baggy pants"
"American parachutists...devils in baggy pants...are less than 100 meters from my outpost line. I can't sleep at night; they pop up from nowhere and we never know when or how they will strike next. Seems like the black-hearted devils are everywhere..." An entry in a German officer's diary found after the battle on Anzio beachhead
"Eight o'clock had struck before I got into the air that was scented, not disagreeably, by the chip and shavings of longshore boatbuilders, and mast, oar, and block makers." Great Expectations
So it all goes and all is well. As any river consultant can tell you, you can't have too much muddy water. As for me here on the land, I can't have too many chips and shavings. It's like the newspaper business itself. You have to keep killing trees and you can't have too many trees. At the end of the day, all great expectations are determined by family trees. I need to go and collect some apples from mine, so some problems are greater than others. You can't have too many apples, all you can do is bite the Big Apple and take care of the Big Money and the kids will be just fine. An apple a day keeps the doctor away. You can't have too many doctors, just too many sick people and too few livestock. Capitalism doesn't need life support. Capitalism is life support. The rest of it is what it is and can't be redeemed. If they have grace enough to redeem with, and God knows there's need enough for redemption for a good many of them, I can't see how they can fail. If not, I don't see how they can succeed. Don't let the market fool you and don't try fooling yourself, there's no love coming to us from Russia. We have plenty here in the land of good and plenty, home of the brave. We can win wars without firing a single shot, so walls come tumbling down and it's always rough and tumble. It never changes. It's just bad and different bad actors and then markets stop and people scramble along with jets. It's hard scrabble and the tables turn fast on you. We just keep turning them and making things go around. What comes around, goes around and the markets are always open in the USA for better or worse in sickness and in health. Drink too it, it's just a family tradition. Strike a blow for liberty and keep ringing your bells and I'll ring mine. You can't have too many bells ringing!
Too many houses, too many condos, too many apartments, too many offices, too many shopping centers, too many brokers, too many banks, too many mortgages, too many speculators !!! And the correction begins!!!
And now I am part owner of over one million of these now inexpensive homes, condos, apartments and shopping centers. Always wanted to be a large Land Lord!!!!
Last check DJIA +428.27, so things are looking up.
I need to get back to the old paper and chasers here. If the day goes smooth and nobody does anything incredibly stupid, I guess it will be better for the efforts. WPO isn't looking as bad as it did. It could look better, so better to have Faith in the future and papers. Keep chasing the profits, they are all on paper. The rest is in your mind, so have peace of mind and a good weekend.
If you lower the quality of your product, you could get to heaven. Don't bet on it though. There are sure things and shore things. I would not be in a rush, since good things do take time. Hell seems to be in a hurry. Heaven can wait for us. It always has and always will.
How many times have Humans had 'interfaith meetings' in their own Division of Christianity? Has it resulted in a conversion of Unity into One Group? Or, another Religious split.
Many Humans are 'brainwashed' in Religion as a Child, in the Way they should go and not depart from it. How do Religious Humans make Interfaith Unity, of our Planetary Killing Lifestyle, into one Peace God Lifestyle?
What kind of Educational opportunities, can we do today on a Planetary Basis, that the Internet has not done? Where does Religion or the www. teach Literally, GODs Living Human Lifestyle 'Thou Shalt Not Kill? www. can explain how to build an Atom Bomb.
The merger of a Nation is usually by War. The European Nations, changed from Catholic to Protestant, but did not Unite the Citizens into One Faith Unity.
We see the three religious divisions of Humans in Iraq. Will they ever join together in a Muslim God Unity Government, or split into three new nations?
Why should any Country be a Religious Nation? Will the USA stay a Christian nation? Will interfaith divisions need adjustments, as the Muslim population increases?
The Original Perfect Peace Humans on Earth, Reproduced Killing Humans by Heterosexual Body Birth. Death Resulted. Interfaith Divisions will not End, until the Human Nuclear War ends our Divided Killing Lifestyle, for God and Country.
All Humans should Unite as Atheists, In Love of GOD/LIFE, the Unknown Maker of Universe LIFE, to Stop Nuclear War.
What does it Gain Humans, to conquer other Religious Brothers/Sisters and Die? Hate does not Unite any Couple, Family, Race, Religion, Government, or Planet.
Humans should Unite as One Human Family on Earth, and in Spaceships. Humans should Be Equal Brothers/Sisters of LIFE. Humans should stop Killing GODs Planet and Each Other, for a Religious God or Country.
Eternal Physical Life is for the Living Humans, not the Dead.
I hope it turns out for you better than me alone
I have hopes for you and your dreams that should be growing happily
Because of you I feel better about me
I feel unsure so there are a lot of maybes
When it may be love everything is sure
What may be is good and it gets better
Where I go is good because you are with me
Always
Only you know how I feel
If you feel it too
I will always be here for you
That will never change
It will be different
It will be great for you are greatness
You are courage and you are grace
You are Special
Written by one who could not change and who loved another beyond time with no limits.
“Deep Dreams”
Deep calls unto deep
The sea of love is steep
The certain voice of being unsure
Sets the tone to feel insecure
As soon as the hope comes again
The tears soon after come rushing in
Then the toll rings of goodbye
The one that causes the want to cry
As soon as the hope is renewed again
The salty taste of tears rush in
At last it seems that all is well
But the lighthouse comes to tell
That maybes are so unsure
The boat cannot dock ashore
The dream is over the rainbow
It bears the certainty of the way to go
Since the storm it is clearer to see
The dream is what is going to be
My heart says there is no other love for me
Written: for only you
See It In 3D
Tears of joy for dreams of hope never fade
Love lasting is love and light
Courage for all our struggles bring victory
In our love circles
Never abandon your partner
Never give up hope
For I love you endlessly without doubt
Your heart is right
Mine is pure delight for you are there
A light in the dark for our love
A light forever to be
DJIA +385.12 at last check. Somebody has faith in something and somebody good always beats something bad. All is well, we'll see who does what. The future is not as uncertain as it once was. Things keep getting more dear. Wish you were here. We can go up later, there's always time for the good.
A golden shower is not the same as a baby shower. Where's the gold gone man? Obama got $691,930 from Goldman Suchs. It's the stupid economy now. Before it was just the economy stupid. Harvard is giving away a bit less, all for the good of the game. Big Money can result in big loses and lose, win or draw politics is cartoonish. I'm in stitches here. I'd rather be in Big Money with a Big Love, but what can you do? The best things in life are free. Everything dreamy is just a delight.
"Maintaining confidence in the money market fund industry is critical to protecting the integrity and stability of the global financial system."
The integrity seems shaken and the stability is in the proof. The global financial system is a big mess. Deposits are one thing and funds are another. The U.S. stock market will keep trading on good information. Some others have ground to a halt. It looks worse for Russia than it does for US. Who can you really trust? In God We Trust solves all your problems, so the dollar keeps the faith. You can't lose faith in good old fashioned captalism. It's a wild thing and a dangerous kind of ride. Ride them cowboys and cowgirls. We're rough riders, so some problems are greater than others. It's the wild wild east in Washington and people are shooting for the moon. Let the good times roll, while the fire burns out of control. Don't worry and don't panic, our flag is still here. The Russians seem worried and have good reason to worry some more. We have faith and dollars. Lawyers, guns and money take care of problems and we have plenty of all three. Above and Beyond we have faith which beats being down and under. Think up.
I hope it turns out for you better than me alone
I have hopes for you and your dreams that should be growing happily
Because of you I feel better about me
I feel unsure so there are a lot of maybes
When it may be love everything is sure
What may be is good and it gets better
Where I go is good because you are with me
Always
Only you know how I feel
If you feel it too
I will always be here for you
That will never change
It will be different
It will be great for you are greatness
You are courage and you are grace
You are Special
Written by one who could not change and who loved another beyond time with no limits.
“Deep Dreams”
Deep calls unto deep
The sea of love is steep
The certain voice of being unsure
Sets the tone to feel insecure
As soon as the hope comes again
The tears soon after come rushing in
Then the toll rings of goodbye
The one that causes the want to cry
As soon as the hope is renewed again
The salty taste of tears rush in
At last it seems that all is well
But the lighthouse comes to tell
That maybes are so unsure
The boat cannot dock ashore
The dream is over the rainbow
It bears the certainty of the way to go
Since the storm it is clearer to see
The dream is what is going to be
My heart says there is no other love for me
I hope it turns out for you better than me alone
I have hopes for you and your dreams that should be growing happily
Because of you I feel better about me
I feel unsure so there are a lot of maybes
When it may be love everything is sure
What may be is good and it gets better
Where I go is good because you are with me
Always
Only you know how I feel
If you feel it too
I will always be here for you
That will never change
It will be different
It will be great for you are greatness
You are courage and you are grace
You are Special
Written by one who could not change and who loved another beyond time with no limits.
I changed the name Lucy. I went from ship to shore, since the seat of power is on the land. Things are getting a bit wild these days. It got lonely on the ship. I have a whole new mission and no plan. Can you really plan anything? Who, what, when, where and what's it all about? Everything comes down to love and life. Good luck Lucy. I always liked that name for some reason.
Deflag, "I think I'll call it a day and get some rum going down. Something has to go up as a result of the effort."
Rum and something has to go up as a result.......hmmmm, I know what I am thinking as a result of the rum and something going up.....too bad we didn't take the stairs, would have been a first for me there.
Wine
"the White House currently has only 500 to 600 bottles stored in a temperature-controlled room near the kitchen." Bloomberg
Your tax dollars are hard at work. No wonder they want to be President. I wouldn't mind having a private temperature controlled Wine Room. If you got the dough, you can get what you want and will. It's all wine and roses and romance. I might get back in the mud after I finish my drink. Good luck America!
Break out the rum and get it in the blender. It's looking like a rummage sale at AIG. The market climbed a little. One minute you look at a chart and before you know what happened the chart is going the other way. Good things tend to go up and bad things down. Real bad things get blown apart and go down in pieces or shot down in flames. I think I'll call it a day and get some rum going down. Something has to go up as a result of the effort. Yes. Airlines are looking worse, but they've looked bad for years now. You can't please everybody and the airline business has seemed to please nobody and do it at the highest possible cost. It's a loss leader. Maybe they'll nationalize it and everybody that can't afford a mortgage can then afford not to fly, but fly anyways. We can turn USAirways into USAnyways and all get loaded in Las Vegas on free booze. Keep the tables turning and have faith. I'm having a drink!
O'Victoria, O'Victoria, O'Victoria or is it "Saint Victoria"???
Bottom line: You apparently were a very disgruntled practical nurse/volunteer!! Did someone force you to do these jobs??? Apparently you did not smile much or bring any joy to these "forced" positions.
"Nun" material you were not if indeed your small autobiography is true.
And your investments in "spiritual treasures in heaven kind" would not be accepted with your "sour puss" attitude.
How goes "Fun and Feast" Ramadan???
And you do not even have an interest bearing checking account?? Might want to check the investments of your Islamic brothers in Saudi Arabia, Bahrain et al.
All we have is a sick patient who can't afford healthcare. It's in a coma and hooked up to life support and the bills keep adding up. It could be more merciful to just pull the plug and call it a day. That would be too easy I'm guessing. For what it costs to keep it alive, more people with a better chance of survival could have healthcare. A classic could of, should of, would of lesson. Maybe the operation will kill it before the sun comes up again. One must keep hope alive to survive. Another day at the Post. Don't abandon your Post, it's one of the few lights worth keeping on in Washington. Maybe more than a few.
"American taxpayers woke up to find themselves in the insurance business."
Wide awake in America. Let's all lower our insurance premiums and raise our kids to avoid another big mess in the future. Those who didn't wake up won't need insurance anymore. There's lots of work to do and lots of time to do it. America is never done, it's always the start of something new and hopefully wonderful. Think long-term and work for justice and justice will work for you. All liberty is love and freedom. It's still a free country and always will be. Some gave all and all gave some. We got the blessings that came from all those lives sacrificed for the future generations to live in peace and prosperity. There's faith in that and it never dies. It's always at risk, so seek your rewards. It's been an honor and will continue to be.
LIB says-
"Hmmm, and you have proof of all these claimed charitable activities?? Sounds more Christian in action than Islamic if true!!!!"
CLAIMED?
"And as one who cared for, bathed, fed and buried with Christian dignity his aging parents, I would advise you to be a bit more careful about using generalities in your commentaries."
BIG DEAL- I did it with hundreds over theyears of OTHER people's parents- average 15 people a day- (the legal limit is supposed to be 7- but these places can never keep employees because they are underpaid, overworked, and have no benefits, so it is always more.
Your advice is useless to me-
"And you did not answer my questions on how you currently invest your savings."
Yes I did. Go back and read it again. You have comprehension problems.
Next time think twice before making your small nasty little comments to me.
You have no idea what you are talking about- it was uncontrolled unregulated greed that got us all into this mess- and you're admonishing ME for not being GREEDY ENOUGH??
How are YOUR investments holding up LIB?
Have YOU made any investments in human beings at all? Or are you clinging to your commodities?
"Too many houses, too many condos, too many apartments, too many offices, too many shopping centers, too many brokers, too many banks, too many mortgages, too many speculators !!! And the correction begins!!!"
Didn't you paste this censure of greed all over these blogs?
And suddenly you are a PROPONENT of the same greed?
What kind of hypocrite are you anyway??
In Revelation, the power of the End Times on Earth that Falls, and is on an Island could be the USA Wall Street on Long Island.
It 'is' necessary to read Scriptures and Myth 'Literally', to understand the Recorded Supernatural Actions of Gods, Goddesses, and Angels.
They are either, our 'Supernatural' High Tech Peace Human Ancestors, or, the Killer Human Noah/Atlantis Society.
Humans Caused the Noah/Atlantis Flood, with Unbalanced High Tech Pollution, and Nuclear Bombs and Waste. God our Human Ancestors, Do Not Kill.
Mis-bred Humans Kill. Humans will also Cause the Judgement Day Fire, not God.
Fallen Humans translated ancient writings as supernatural. In Genesis, 'God' Colonized Earth, made Adam, and made Eve from Adam's rib.
These Perfect Human Clones, lost their High Tech, when their Mis-bred Children were born by Heterosexual Body Birth, and Death began.
Body Birth Humans 'did' regain High Tech Science, in the Days of Noah and Atlantis, just as Humans have today. The Noah/Atlantis Humans, nor Humans today, Evolved from subhumans.
In Genesis 1, the watery atmosphere was changed, by High Tech Colonization, to an atmosphere with half the waters going above the atmosphere, making an Ice-Crystal Canopy. The waters below made the sea.
The Ice Crystal Canopy, did fall during the Year-long Planetary Noah Flood. The Ice is at our Poles.
I describe this Lost Knowledge, on my web site. Put Dolores Lear on Google, then on my web site under Flood.
The Earth had a Balanced Axis, that was tilted during the Flood. The seasons began. A rainbow appeared in the changed atmosphere.
Earth 'cannot' have another Planetary Flood, without an Ice-Crystal Canopy.
Ever since Perfect Adam and Eve, made Imperfect Killer Humans by Heterosexual Body Birth, Humans have been Killing All Life on our Planet Spaceship Home.
Equal Male and Female Clone Human Life, the Peace Gods of Religion, do Have Eternal Physical Life, on Planets and in Spaceships.
nice, threats, anything civil or is it too much? But hey as someone told me this morning "look for good things to come" I'll take their advice at least it is an encoraging word
Do you have faith in the economy?
Old economy or new economy?
Old, yes. New, no.
You end up at maybe or may be.
Wanted dead or alive. Alive is good. It's great for that matter. It's freedom and that can't be bittersweet. Details make you sweat and it gets wet. Keep your taps wet, Wall Street shockwaves are going to follow you to Washington. Somebody has to pay. It shouldn't be the kids. You can fit that into an editorial. Click, click.
If we need to fight fire with fire, we have more firepower than the terrorists and that puts fear in their empty hearts. We have the USMC and sure they can terrorize you. Only if you try terrorizing them. I woundn't do that. I'm not a terrorist either. I'm fighting with water and I'm in the mud here guys. I'm going to stay in it and make more mud here. We love that muddy water.
It's back to bailouts. Let's see what starts sinking today. It's back to the future and early. I'd like to trade my future for yours. We could have one future and it could be good. I had a good dream last night and woke up in a good mood. Nothing will ruin this day for me.
The UNITED STATES has only 3 or 4 percent of the world population, yet it's consuming about a third of world's natural resources, and to maintain that kind of disparity and imbalance reqires force, the use of violence.
The US solution to the spiralling inequalities in the world is not to search for a more equal world, or a way of making things more egalitarian, but to espouse the doctrine of 'full-spectrum dominance'. The US government is now speaking about putting down unrest from space [1].
It's a terrorist state and it is laying out a legitimate blueprint for state sponsored terrorism
1.Noam Chomsky, Hegmony or Survival: Americas Quest for Global Dominance,2003,Metropolitan, New York p.225-32
Hmmm, and you have proof of all these claimed charitable activities?? Sounds more Christian in action than Islamic if true!!!!
And as one who cared for, bathed, fed and buried with Christian dignity his aging parents, I would advise you to be a bit more careful about using generalities in your commentaries.
And you did not answer my questions on how you currently invest your savings.
Lets leave "moral" issues for church. "Ethics" are very closely tied to morals, but don't need religious leadership to instate them. We can all agree, regardless of religion or non-religion that a society cannot allow theft. That's ethics. That's a secular ethical issue. Whether we masturbate in our own bedrooms? That's a moral issue. The morality of it depends on whom you ask. So, lets take a step back and leave religions and moralists to their philosophising. All our banks need is good old-fashioned secular regulations.
That last one was an intercept.
If they only knew.
It's all pretty simple. Then problems start. http://www.purplemath.com/modules/intrcept.htm
I know who the boss is!
Message received...Good Bye and Good Luck
Now I see. The house passed a bill to fund renewables so the GE Google lobbyists are getting ready to take some winnings from Washington. I knew there had to be a reason. It's like Let's Make A Deal and hand over more money for the good of us. What's behind door number three?
I'd rather Ask the Post, than Google it. Basically I would rather roll with you than get rocked. Thre are too many boats rocking right now and the trains keep rolling. Hell the trains are making record profits. The boats are sinking.
Some of us would just say let's roll and get into action. I'm in the mud here and I'm going to stay in it until the mission is completed. What is faith without action? Stone cold dead. Keep killing them, you grunts.
Hello Farnaz, you said "Will law enter into this at some point? As in investigations, culpability, prosecutions?"
Seeing as how the rest of the Bush administration has gotten away with peeing all over the Constitution and claiming all power concentrated in the presidency without a whiff of investigation, why would they start now?
The thing is, these problems that we're JUST NOW finding out about are SO deep, SO pervasive that there isn't any record of these dealings to find out who did what.
I was and am and will be unsure of the market.
More bad News Corp. News Dow -449.36. They made some major moves to reinvent Wall Street and turn the market into the new news market and now the whole house of cards appears to be falling down on them. It's all wind and the sails look to be ripping off the masts. Ad venture capital met the investment bank crowd at the yacht club and now it's getting a little sporty. The boat's are listing and the investment banks are burning their books. The Wall Street Journals in a frenzy writing all the bad news and what's a poor broker to do? Go broker. I'm to the point where I'm just asking questions at Ask http://news.ask.com, because who knows what the answer is? Ask says, Word that Google would be purchasing Half-Life creator Valve Software are swirling around. Now the Post is Googlized here and I'm thinking, does this mean the Post could turn into some sort of Half-Life hack site dedicated to AI and is this site going to become AIGoogle or what? Fire the staff, burn the books and artificial intel can land us in News Corp. la-la land here. Google and GE have some sort of new lobbying deal for renewable energy as if saving money weren't a good enough reason to do it. Big companies lobby and now they are lobbying jointly. I guess once we get to the Half-Life stage of the game the presses can stop rolling and we can all become avatars here and trade tales of woe in real time. I kind of like the old plan. Get up, have a coffee, go from half awake to fully awake, walk up and get my morning paper and have more coffee. I'm going to keep checking with Ask and try to get to the bottom of things. It looks like the market is getting to the bottom and the bottom will drop out. The bottom will drop out and then what? Half-News Half-Life? I wish I knew! I know I need a Scotch right about now or never! I don't know about you.
My investments are ore of a spiritual treasures in heaven kind LIB.
For instance, I didn't touch any curency for an entire year when I ran a program feeding 100 homeless people a day in vebice Beach, nor did I receive a salary for helping to bring a class action suit against the Cadillac Hotel to protect the rent controlled apartments for the 50 holocaust surviviors that lived there and were being booted (we won, by the way)
Nor did I make enough to invest when I worked with young people with Cerebral Palsy for the United Way (who, by the way- TOOK 10% of my income, OVER my objections) and paid minimum wage with no benefits)in a transitional residential setting, helping them towards independent living.
Nor the years I spentat Disabled American Veterans as a volunteer with Vietnam era vets.
Nor did I receive a salary with noting te many years I worked with (PWA's)people with AIDS,
Nor when I worked for the State of California with neglected and abused senior citizens-
Nor the Senior Homes I worked at taking care of the parents of the rich and comfortable who only visited their parents when they were clse to death to rifle through their jewelry boxes-
Nor my last job where I worked 72 hours a week- half of that volunteer- and got paid for 36 for the homeless shelter for abused women and children.
Shall I go on?
I can, but don't want to bore you too much.
Yes. mine has been a life wasted in pursuit of service to my fellow humans, hindu,christian, muslim, jew, atheist, you name it.
So, no LIB- there is no money under the bed TO INVEST.
While you were investing your monies, people like myself were caring changing the diapers of your aging parents, showering,celaning and feeding them- loving and keeping them from sinking inot lonely depression, singing songs and lightening their lives.
Before you think about change and using something new, you better be sure of what the results will be. We went through that with pesticides and ended up with all kinds of troubles. It made people a lot of money. Now instead of spending on the environment, millions of dollars are being spent on campaigns to fix the political system that the money broke to begin with. You end up with a bankrupt country and the natural environment going to hell to finance a pack of lies to watch a pack of wolves fight about nothing on television. Turn off the TV honey. Watch Wall Street change their tune or watch more failures. In any case, the bailouts are plain old stupid. AIG wants more cash to continue lying to themselves, while they cheat us. We might as well all check into the hospital tonight and ask for Dr. Kovorkian while we're at it.
We have been complacent, corrupt and willfully ignorant of what is being done in our name. Our institutions, economic, social, educational, religious and scientific have been drained of their original purpose and have been prostituted to base materialism and commercialism.
We are at the end of an age, just as Rome collapsed at the end of the previous age. As in that time, a great Teacher has come to point the way forward if mankind would survive. He taught through Jesus, who became Jesus Christ. That was the age old way for the greatest Teachers to work among men. The Buddha worked through the Prince Gautama, who became Gautama Buddha. Maitreya, the Christ, worked through Jesus in Palestine, and Jesus became Jesus Christ for the last 3 years of his life. Now Maitreya has come himself, with his group of Masters, including Jesus, to teach the way forward.
He is here to teach us how to save ourselves, for we must do the work. We in America must take charge of our country. No one is minding the store for us. We have to do it ourselves. If you are still thinking that someone will make this all go away, fogetaboutit. The past is dead The future is in the making now.
What kind of future are we making? http://www.share-international.org
So you make no investments? You put all your money under your bed? If for shame you invested money in a bank would you expect a dividend/interst on your investment? If so, where do you think that dividend would come from, Gibreel of Sir Salman Rushdie's book??
The current crises on Wall Street is simply due to overbuilding houses, condos, apartments, office buildings and shopping centers/malls. The oversupply resulted in a glut in the market. The value of these properties were reduced significantly and the owners/insurers of said assets/mortgages saw the value of their investments tumble significantly to the extent that caused some to go bankrupt.
And how goes the "fun and feasting" of Ramadan???
We assume Islamic law does not permit you to buy food and supplies from companies that pay a dividend on their stock!!!
Jeff D.
I'm not so knowledgeable about economics, but I do know that the
"concept of the time value of money. Money to be paid in the future has a lower present value today," is a construction of modern economic theory.
And, as you can see from my own example, and Lehman Brothers, AIG, Bear Stearns, and Merrill Lynch- that there are downfals and corruption inherent in the system.
The point is not to be challenging and difficult.
The point is conscientious and scrupulous honesty.
I lived in the Pine Forest in the mountains of the Great Pacific Northwest for several years.
Bartering goods and services is a way of life there.
I've also seen the many squabbles, disappointments, and buyers regret that was part and parcel of that system.
A man brought, some dates of a superior quality to Muhammad(peace and blessing be upon him).
He knew that the man only had inferior quality dates and asked the man where he got them.
The man said that he had traded twice as many inferior dates for the superior ones.
Our Prophet(pbuh) told the man to go and sell the inferior dates for money, and then use the money to buy the superior dates.
Money only has value if there is a consensus that agrees to the value of it.
If you ask someone to change a 20 dollar bill- the uspoken agreement between you is the value is based on an equal amount.
No one is going to argue that four 5's is not equal to a 20 dollar bill.
But people will argue that fixing the motor on my car was more valuable than my cleaning your house, for example.
After the house is clean of course.
Money for a fixed price that is accepted is not subject to squabbles.
Another wise practice before it's time.
I hope you take your moniker from the inner jihad, the inner striving, and not the other stuff that is too much in the news. Thanks for your comment!
Well, yes, loaning money at interest has long been defined as sinful in Islam and in Judaism, but I, as a non-believer, as NOT one of the People of the Book, have always regarded that as an interesting cultural tradition that got attributed, after the fact, to a command from God. For all I know, when Mohammed took his dictation from Gabriel and heard the sura that says not to loan money out at interest, no mathematician (not even the Arabians who brought the concept of zero out of India or later invented algebra) had clearly thought out the concept of the time value of money. Money to be paid in the future has a lower present value today, and no amount of business contortions can erase the fact that the time value exists. It can be disguised, or the lender can agree to ignore the time value and "lose" money on the deal, but the time value is still there, whether it is called "interest" or something else.
It's certainly a challenge to structure a transaction so that the participants can convince themselves that no one is paying and no one is earning "interest." Many creative people in Islamic finance have devised lots of clever, roundabout methods. To me, this whole enterprise seems a lot like the reason that certain Chinese sages supposedly went fishing with straight fishhooks -- it was supposed to be challenging and difficult. Just as many Orthodox Jews will say that one of the main points of having 613 mitzvohs to obey is that it forces the pious believer to put a greater investment of effort and time into piety.
"Hypocrisy is the tribute that vice pays to virtue." -- LaRochefoucauld.
I was waiting for you to show up to educate us about Islamic financing. Thanks.
I've only been Muslim for 9 1/2 years.
But for all of my life (I'm 47) I have watched all of my friends and associates live way beyond their means, people I work with, making the same money that I did- buying cars and entertainment systems and clothes and that were beyond my own budget.
I actually read the fine print, and decided, as a Christian (at the time) that usury was unethical and immoral. And as an intelligent person, it seemed penny wise and pound foolish to pay a stranger an extra 20, or 30 cents for every dollar I spend.
So, if I cannot afford something- I don't buy it.
And I do without some of the luxuries others have come to consider necessities.
Now, I am also doing without the debt.
I didn't envy the lifestyles of my friends when they were living them, and now I do not envy the extraordinary debt that almost every american suffers from now.
When people ask,"What is so great about Islam?"
This is one of its aspects that is both practical, and very forethoughtfully WISE.
The same ones who laughed at my foolish self restraint in not jumping on the gravy train and riding it for all it was worth,
now appreciate the wisdom of that restraint as they struggle to pay off credit that never touches principle, and appreciates in a debt that is designed to follow us to old age and the grave.
Greed make our Economy out of balance, and will cause many problems today.
Why are the Racial Youth today, who were given an Unequal Feeling of Equality, having a Religious Downer? Also, Many Religious Adults are Changing to be Atheists.
How can Youth and Adults Compete with the Population Explosion? How can the 'Have Not' Youth and Adults, Compete with the Humans who 'Have' three and four times their Needs?
The Pressure of All the Adult Heterosexual Male and Female Pleasure Flesh Lusts, In and Out of Marriage, have made the Population Explosion.
LGBT Sex does not Reproduce. So Heterosexuals should Change to that type of Flesh Lust, to stop this Population Explosion, or the Population Will Be Thinned Down, by a Human Planetary Nuclear War.
Are God's Resources on Earth, Endless, or Limited to Earth's Population?
Are the Blessed Adults, with More than their Fair Share, Willing to give up their Blessings from God, to help the Starving and Homeless Poor, and the Start the Re-Greening of God's Nature System?
Are Humans using up God's Resources on Land, Sea, and in the Atmosphere, with their 7 Billion Humans by 2011?
What is going to be the Result of all their Excessive Material 'Things', and Nuclear Weapons on land and sea?
Does God only Bless the Rich? Because Most Humans do not Believe in the Right Christian God? Atheist and other Religious Humans are Rich also, by their God and No God.
Was it easier to Follow God with Joy, when God Blessed the USA with more than other countries? Many Poor Humans that could just get by, started having Credit for "Things", the Blessings from God.
Now that Man's Credit made a problem of Greed, with more than one of everything, the Joy of Possessing God's Blessings, is breaking the Bank.
Thanks for the post. Scary stuffright out of the wild west. Modern-day carpetbaggers. Mafia money men. Will law enter into this at some point? As in investigations, culpability, prosecutions?
Maybe we'll all learn a lesson from AIG and move in a better direction. The direction we are going now leads to death.
"Stocks sink after government bailout of AIG"
You can't fix the problem with the same level of thinking that created the problem. The bailout just makes other things sink. The investors voted it down with their wallets. So propping it up with the public purse only sends a bad message. The message is, we know nobody had faith in you, we know better we will help you make your business work. It's like saying to the investors, you were wrong about this and the investors say we don't think so. The result is that more investors abandon other ships before they sink too. They can't bail the rest out, because they should not of bailed out the others. It's like Cuba on Wall Street and it's a big bay of pigs splahing about on the beach. What can you do? Get some booze in the blender and keep your books open. Have faith, the presses keep rolling, so invest in the newspaper and book publishing business. We are going to need more paper and new business books. Ink is always a safe bet, along with soap. The high tech angle is a highwire act so don't get to high. It's a long way to the bottom. It's not the crashing that is the worry, it's the burning. Drink plenty of water, take two aspirin and get a newspaper in the morning. It might look bad now, it always looks better on paper though. Depending on what color the paper is of course.
And again the Reality Challenged and Obfuscating Jihadist fails to address the basic flaws and errors of Islam so eloquently noted by Ayaan Hirsi Ali and Sir Salman Rushdie. Why is that? Fear of Malaysian, Islamic blogwatch goons?? Yes indeed!!!
If she ever does get out from under the goon watch, she should follow that with comments on the effect of Islamic terror on global economics/Shariah business practices starting with the Sunni-Shiite, 800-year blood feud presently being carried out in the Middle East.
As a layperson, I couldn't say with any certainty I had any understanding of what this whole wall street mess meant.. Until I listened to the radio.
What I learned scared me. Somebody was taking bets on whether or not all those sub prime folks would be able to pay back their loans. They took so many bets about people that they bundled them together with the loans themselves and sold them to other companies. Made those other companies sign very complicated contracts that even an executive for Lehman Brothers themselves said their own bosses didn't know what they were signing. (and just for speaking out, was fired promptly the next day). Somebody went to the insurance companies and got them to underwrite these transactions without calling it 'insurance' in order to avoid regulation, so they didn't have to follow any rules.
Somebody made a MINT on these transactions. The regulators were nowhere in sight. Anyone who noticed problems were shut up, shut out or fired. The companies that are supposed to rate these investment companies gave them higher ratings than they should have because the ones asking them to do this was... the Wall street firms that they were supposed to be regulating. The fox guarding the henhouse.
One of those somebodies was Phil Gramm. Yes, the Texas senator good old boy was the one who convinced the insurance companies to be complicit in this. Who got insurance companies to guarantee payments on these bets with disregard to the rules.
The SAME Phill Gramm whose own wife sat on the commodities commission when the first steps to deregulate the industry were taken at the tail end of the Clinton years. And approved such measures.
The same Phill Gramm that is one of the leading, if not THE leading economic adviser to Republican presidential candidate McCain. The same one who calls us a 'Nation of Whiners.'
While he is by no means the ONLY person involved in this.. it's really striking to me as a layperson and registered voter how much I keep hearing his name come up over and over again.
People better wake up and smell the danger here.
Gramm was involved in this and is now involved in McCain's campaign. McCain, by the way, who with his formidable number of years in the Senate was in a position to do something about this.. and didn't.
People better demand a President who has a firm grasp of economic policy. McCain has admitted already that it's not his 'strong suit'. Can we afford four more years of 'not my job'?
Palin is WAY out of her league here. She is no more qualified to hold executive office than I am. I've had illnesses longer than she's been in office.
We HAVE to get back to the issues in this election. People's lives are at stake here. Our financial collective futures are on the line here.
I am a layperson.. but if I can understand this, why can't other people look past the 'lipstick on pigs' and really get back to what matters here?
As for the question : "Are the economy's recent financial failures also moral failures? Are credit and debt religious issues? Do you have faith in the economy?"
Your response : "Sweet Jebus! Must the editors of this site attempt to tie EVERYTHING to religion?"
Actually, credit and debt is a religious issue in Islam. Or, to be more specific, usury. Hence, the development of Islamic banking and financial services. A fundamental principle is the sharing of not only profits between lenders and borrowers, but risks too.
It is not perfect as yet, still being developed, still questioned and discussed by some Muslims on some of its aspects as to whether it is truly Shariah compliant or otherwise. Islamic banking and financial service is so far largely spared of the toxic waste and crammed down risks cooked up by Wall Street investment bankers and LBO firms.
Why have a on faith's site when you allow cartoon's that make fun of people belief's. I am not understanding this. Of course I am referring to Pat Oliphants comic strip printed on Sept 9th. It was offensive to thousands of people and I am sure you have already heard from many.
"Are the economy's recent financial failures also moral failures? Are credit and debt religious issues? Do you have faith in the economy?"
Sweet Jebus! Must the editors of this site attempt to tie EVERYTHING to religion?
The toxic waste (worthless or nearly worthless CDOs and other exotic mortgage-based securities) that has poisoned the financial system and led to the current credit crunch and loss of confidence is a result of simple human greed or acquisitiveness getting the better of rational judgment. We certainly could classify that as a moral failure.
But more scripture-reading, more prayer, and more readiness to believe nonsense on insufficient evidence would not have prevented the current mess.
No, I don't have "faith" in the economy or in any other human cultural institutions. I can have "confidence" (in greater or lesser amounts) in the U.S. financial markets, in the probity of the Federal Reserve, and in other institutions based on my actual observations and experience of the judgments made by people working in those institutions, based on how rational and appropriate their decisions and actions have turned out to be. "Faith" (as in "persistence and certainty of belief, regardless of the evidence") has nothing to do with it.
"The moneymen have finally bamboozled even themselves with their own bulls**t."
So it's unlikely more bulls**t will save them even if we now call it by a different name, like bailout.
I did the three doors down thing. It's like let's make a deal and a total waste of time. They take you to where you've never been and you don't need to be. Then you think it over a little. You then do some figuring and reach logical conclusions. The conclusion I've reached is this, with a little help.
Free and independent. Yes. Free and equal. No.
That's why we have a Declaration. Then we have all this legislation to make us think we are equal when we know our rights. "My pen is always freer than my tongue." It never changes. People just want to afflict you with their problems so they become equal in measure and become your problems. You get brought to reason or ruin and that's just business, that's life. God gave us a free will and we are independent to exercise it. We are equally capable of being brought to ruin. My crisis is not equal to your crisis. My crisis is different. You are independent, so you have your own crisis. We are both free to solve them with reason. The alternative is ruin and we have witnessed plenty of that and we will witness more of the same. Some things just can't be helped, so the bailouts and rescues only continue the crisis while ignoring the fact that ruin happens for a reason. Reason never creates ruin. There are a lot of unreasonable people so there will be a lot more ruin. You can't save everybody, all you can do is act independently and hold on to freedom and celebrate liberty. You don't have to search for it, because you were born with it. They want you to search for it as if what you were born with can't be found, when everything you need is within you. Everything else is in the newspaper or a book, so the free press rolls on and the business of ruin gets reported and there will be more ruin to report, so stay independent and stay free. That's a reason to believe, to have faith in the future instead of searching for the future.
It's worse than chaos on Wall Street, it's computer chaos. Workers are getting the boot and there's no way to reboot the machines to produce good numbers. It proves that economics is not about math, it's a social science. You can't automate it and expect it to work right. Information needs organized, so you need librarians not a bunch of technicians. If I was working on Wall Street I think I'd build a few libraries and forget the computers or at least ignore them more. It takes time to research something. They have all these people pushing buttons on terminals and nothing is being generated except for chaos. Add more computers and technicians and the chaos is searchable. All you find from a search is more chaos. Go read a book, it solves the panic problem. Go to the library, the books are still free so there is hope for the future. I know, we are going to scan all the books and close the libraies and all get rich with micro payment. Go macro50.
I.
While the desire to acquire things you can use to make a better life for yourself and your family is a commendable moral stance, what we've seen in the housing meltdown and other financial panics (the S&L debacle of the '80s comes to mind) is a greed that easily crosses this line into the immoral. Everyone who "got rich" at the time KNEW the fundamentals were not there, that their "clients" were getting into more mortgage debt than they could handle with no out when it came time to pay. The brokers, banks and lenders all did it anyway because of unmitigated greed. One could call this pure capitalism, an amoral approach to making a iving, but that would be rationalizing (lying to one's self). Greed is immoral, in part because it causes otherwise "good" people to treat others poorly, like they themselves would not want to be treated. So yes, the economy's recent financial failures ARE moral failures, not by the system, but by the individuals and corpoartions who gave no thought to their clients while soaking up every dollar possible (and the people who took the bait).
II.
Funny to think of money and morality in the same breath, other than understanding that one can serve God OR mammon (money in this case) and not both at the same time. But there is ample warning in all Holy Books about debt and lending, and always those who ignore those warnings do so at their peril. So, does ignoring a moral guideline (don't take on too much debt, don't abuse your debtors, etc.) make those involved immoral? I have to suppose it does, or I have to ignore the advice of a real and loving God. Not everyone who sins is looking to sin, but those who do not listen to warnings get sucked in to sin and this is but one simple example of that.
III.
I have faith in the American people (and in people generally), but the economy? That is a nothing, a byproduct of our toil and efforts, not the other way around. You're asking as if the economy is another person walking around and talking us into bad decisions.
The point Americans seem to miss is that each of us is ultimtely responsible for our actions and decisions. That is the basis of American democracy, the one fundamental freedom we exercise daily. Those who choose to let "the market" or some broker make financial decisions for them can expect to get hammered for that choice. This ain't rocket science.
It is a degradation of the human spirit. It is the new slavery. We do not give it the name but such it is.
I'll tell you what it is. Google. They cobble together a bunch of dotcom scraps from the scrap pile, organize it at Stanford and launch dotcom 2, infect the whole world including the newspapers with non-sense. The VC investors pump it up, everybody buzzes and babbles about how easy it is to find everything. The problem is it doesn't matter. Think of all the effort and thought that goes into the daily paper and it sells for half a dollar. Google is the opposite of this. They buy a lot of computers from the bankrupts, lash them together and you have a new dotcom wonder in one package. Everybody gets to be a control freak and they have an ad monopoly, so the newspapers have to give them a cut of dying revenues until all the newspapers are dead themselves and Google can buy them like they bought the computers to start with. It's a world domination scheme, just like AIG. It's not difficult to see how it all ends. Too many people with too many computers and too few livestock. Ranching is hard work, so they are building server farms to generate more little ads and money for nothing. Maybe we'll all learn a lesson from AIG and move in a better direction. The direction we are going now leads to death. The same people doing this are going to get rid of paper and ink along with the penny. The nickel will be the new penny too. Read the newspaper and turn your brains back on. The staff at the newspaper did all the searching for you, so you could do something else like live, hit golf balls, take care of the kids, eat or whatever. What did Google do? I'm sure it was cool. It's basically nothing but a corporate cult of impersonality. We can close the libraies and have Burning Book like they had Burning Man. World class morons. There's a God and he's on paper. Check a dollar bill, if you still have one. Nothing really ever changes much. Wealth is true or false. You have people like me with no love, so we don't really care if the whole thing falls apart. We are more concerned with Houston and real problems needing solutions. Searching for solutions is like searching for love and Google can't help. I sent all my love to Houston and hopefully they'll find some more.
"The Great Approach", by Benjamin Creme: published by Share International Foundation, 2001 : page 22
World stock market crash
The stock markets of the world have been going through a dizzying, yo-yo-like effect over the last few years. We have seen a rise in the Dow Jones index to about 11,000. It goes down 600 points one day and a few days later it comes up 400 points. Then it drops another 200 and then up 300, and so on. This is happening in different bourses around the world, and creates a yo-yo effect which is so unstable that no government, country or economy is unaffected.
To justify the level at which the Dow Index currently stands, the US economic growth rate would need to be about 10 per cent per annum. In fact, it is nowhere near that, so a bubble is being created. That bubble will burst and with it will come plunging down the stock markets of the US and the world. All the factors that were there in 1929 are in place today.
In 1988-1991 Maitreya issued a series of prophecies which have come to pass with uncanny accuracy. One was that there would be a world stock market crash which He said would begin in Japan. Japan then was at the height of its economic power. The Nikkei Average stood at 40,000 points. Within a year the collapse began to take place. He called it a bubble that inevitably would burst and bring down the rest of the world’s stock markets with it. That started in about 1990 and in a very short time dropped as low as 14,000. Today, by dint of the constant inputting of billions of yen into a kind of bottomless pit that has no effect on the economy, at the time of writing the Nikkei Average is between 12,000 and 20,000 points, half of what it was in 1988.
It is a bubble that all Japanese know has burst. It reflected itself in the collapse of the Pacific ‘Tiger’ economies — Thailand, Indonesia, Malaysia, South Korea, Singapore and Hong Kong. This was followed by Russia, Brazil and Mexico. They were propped up by the infusion of billions of dollars of aid from the International Monetary Fund, the World Bank, and from the central banks of the world. Every two or three years the same thing happens. There will come a time when the aid will not happen, and that very soon.
The US Government cannot maintain that bubble in the US, unrelated to the nation’s true productivity. It is simply not feasible, and Maitreya is not the only one who has warned against it. Every senior economist in the world who has given an opinion has voiced it as a possibility, or even certainty in some cases, that there will be a world stock market crash. The only thing they do not know is when it will happen.
Maitreya first made that prediction in June 1988, and with every day that passes it becomes more and more likely to be fulfilled. The higher your stock market goes, when you clap hands and congratulate each other, the more likely the collapse will take place. To hear someone say, as I am saying, that the best thing that could happen is a stock market crash must make you wonder if I live on air or I am absolutely crazy. I am not crazy and I do not live on air.
Maitreya calls them the gambling casinos of the world. They have no function vis-à-vis the true trading system of the world. Ninety-seven per cent of all transactions on the world’s stock markets are currency speculations. To the Masters, speculation is the major disease of humanity, which is driving us not only crazy with greed, but also to the edge of self-destruction. The best thing that could happen is the collapse of the gambling casinos which are simply agencies for greedy minds and idle hands, as the Masters put it. They have no true function. Only their end will bring humanity face to face with the reality. The governments are not in charge of their economies because they are not in charge of their currencies. The value of any currency, or the mode of action for or against a particular currency, is in the hands of a group of about 200 men and women in every country.
The financiers, speculators at certain great institutions, use your money that you have put aside for your retirement, for example. All the big insurance companies and banks gamble like everyone else on the stock markets. The world has changed from being semi-religious to being totally religious, but the religion has changed. The new religion is money. Money is the great altar at which everyone worships today. Everyone is taken up by greed, by the possibility of making quick money. The internet is fostering it. You have the NASDAQ Index, which goes up and down like a bigger yo-yo than the Dow Index.
Every avenue which could promote the well-being of humanity is being used as a way of making a few people rich at the expense of everyone else. That is the nature of market forces. It is based on the big, self-evident lie that we are all trading on a level playing field. That is the theory. If you have free market forces then by the law of supply and demand the economies of the world would be regulated. Nothing could be further from the truth because we are not all at the same level. You cannot compare the trading strength of America, Britain, France, Germany or Japan with Kenya, Tanzania, Zambia or Nigeria.
We in the West live our well-dressed, well-motorcarred lives at the expense of the health and well-being of the people of the developing world. It is gross and indecent. Maitreya calls it a blasphemy. “For how long,” He asks, “can you support this degradation?” [Message 81] It is a degradation of the human spirit. It is the new slavery. We do not give it the name but such it is. Slavery has not died out. Slavery goes with every transaction on the stock markets. The time has come to end that disgraceful association, and it will happen by its own collapse.
Maitreya on television
When the stock market does collapse, as soon as it is obvious that it is on its final plunge, Maitreya will emerge. He will take up an invitation that He has received to appear on a major television network in the US, then in Japan. After that, all the networks will want to interview this extraordinary man.
It's never too late. For some of the people, it's just never. AIG raced against the clock to avert collapse Tuesday. Well that seems to be going well and then Tuesday's gone along with billions. This is going to be the first country in history to sell ads for the poor house and go broke searching for our liberty and finding no love. We've gone from Burning Mortgage to the hip Burning Man and now for sport and recreation we are engaged in Burning Woman and virginity commerce across a vast web of greed. In a word we have reach the point of 'out'. Try the 9-11 diet Thanksgiving and stay locked and loaded.
Too many houses, too many condos, too many apartments, too many offices, too many shopping centers, too many brokers, too many banks, too many mortgages, too many speculators !!! And the correction begins!!!
These are like the old days, the bad days, the all or nothing days. There's a ton of nothing and all can be better. It can always get worse as well. The ads are turning into loonitunes and the young women are on Google selling their virginity for a chance at greed. And then the Washington Post is all Googlized and the kids brains are being sold as pig feed and they're talking about lipstick and Sally is portrayed as satan and Jon son of satan. Go figure!
Our failure in the realm of economics is merely a reflection of our ontological failure as a species. Just as the laws of motion, transmutation, energy, thermal dynamics etc. are specific in their nature and expressions, so too, are all the immutable natural laws that govern Man. Just as their are equations which express, with EXACTITUDE, laws that govern flight, there are precise laws that express themselves with regards to human thought, and behavior. Thus, all expressions of human plight, and suffering derive from a confluence of ignorance, and the conflict between will and desire due to the misapplication of Natural Law! And because the universe, despite the conjecture of "scientific accidentalism", is impersonal and without the relativism of morality, we MUST correct our trajectory for no deified personality is comming to save us!
The Failing Economy and the Falsity of "Lack"
Through the ages, the greatest mistake made within large cultural systems is that altruism is seen as an option, when in fact, in a unitary existence, it is an uncircumventive necessity! Therefore, all our problems in society intersect at this extant point of misapplication. And our bad economy is just one expression of this Cosmic misapplication. One could give a long explanation. But what we need is individual revelation, not more complex explanations from "experts", who themselves are stumbling in the dark, as "masters" of false concepts.
It's real simple, euphemistically expressed as: "Man cannot live by bread alone"! It all comes down to the idea of whether life is merely a Darwinistic contest between humans to see who can attain the highest level of economic survival. Or, is material a given, needing only a substantive purpose, and cooperation, to eradicate the created falsity of "lack", allowing Man to be what he truly is- "the pres ence of perfection living the life of God in Man"?!
If we change this one element, the generations that follow us will look back in disbelief that we were such slaves to the assigned-extrinsic-value of money, and the created falsity of "lack"!
Don't be so concerned with what Jon or Sally think they can change. There is a new game of O50 in the works involving the Washington Post and Google. We'll see what lasts and who is last. If you watched AIG meltdown, the next fire could be bigger than burning man and a lot more fun! This could get sporty, so be good sports kids. We'll bring the lighter fluid and faith is armor. Keep firing away and aim higher.
Yes. No. Maybe.
We go O50 and people get all bent out of shape. It looked a little different on paper this morning. It was 504 in red ink. Yes, 5 n'0 and 4. It's ain't over. I have four people to think about here and they are certainly more important to me than I am to myself. This isn't the end, we're far from the end, this is just the beginning of the end with no end in sight. It's rough and it's going to get a lot rougher. Don't make it rough for the kids and stick with your own kindness. It's all the fashion, old fashioned so we'll see who gets sinked and how long it takes. This could take more time than you think or it could break loose in minutes. Good things come to those who wait and dreams do come true. Just don't make your nightmare ours and we can all get along to go along. It gets harder for some and easier for the better half. We'll keep the promise and watch for more O50 at AIG. Bite the Big Apple and watch the Big Money.
Readers - this "On Faith" blog is nothing but blatant lies by people (Meacham and Quinn) who are trying to rewrite the Christian faith as it really is.
They are workers of the democratic party who have aligned themselves with false teachings abounding.
Their columnists, their columns have absolutely NOTHING to do with real Christian teaching. They are making this stuff up as they go along with the hopes of changing this country from a country with Judea-Christian values to a secular country without God.
Make no mistake these people do not know what they are talking. Search the scriptures and there you will find the true answers.
V.R. SONTI writes:"... we left in the quandary described by Dostoyevsky in "The Idiot." What are we to believe ! "
Belief is not reliable. The mind is the slayer of the Real. Experience is reliable. What does your heart tell you is the truth? Trust that, for it is your Guide speaking.
I am afraid to say this but the Holy Bible gives no firm guidance on this subject. On the one hand we have Jesus (Sermon on the Mounts) giving us an ethic that matches Buddhism and one that inspired Leo Tolstoy and Mahatma Gandhi: and on the other we have St. Paul suggesting something different. From him ultimately derive both Calvinism and its "populist" modification, Arminianism. Thus we get the Received Standard American Form of Christianity preached by the Evangelical Churches. This is matched (imho) by the Isareli reading of the Old Testament. If we combine the two as Popular Judeo-Christianity; we have (imho) the exact opposite of Jesus' teaching (however garbled they may appear,) in the Gospels.
Thus we left in the quandary described by Dostoyevsky in "The Idiot." What are we to believe !
I'm for more. Oil and banking were good in the past. Maybe Newspapers and banking will be good in the future. They both have ink and paper in common, so there's common ground. Now it's all oil and politics, while the old machine goes broke. I have faith in more Big Money. Somebody has to.
Capitalism is a little bit religious. It's based on people reaching higher for a better future. Socialism is based on lowering standards so everybody can be happier with less. The best way to fail is by trying to please everybody. It can't be done and with capitalism anything is possible. You can't have 'too many banks'. One central bank is a bigger problem than 1,000 banks all over the country. Some people will fall and for anything and many do.
Too many houses, too many condos, too many apartments, too many offices, too many shopping centers, too many brokers, too many banks, too many mortgages, too many speculators !!! And the correction begins!!!
The increasingly large gap between the rich and the poor, and the obscene salaries/bonuses of CEO's and their "people", signify the greed which has passed for normal for the last couple of decades. The dominance of greed is a moral failure. All institutions are now empty shells of dogma and habit, which is why there has been little more than cat fighting passing for dialogue. But the New Wine comes, is in fact among us, and all will be renewed.
See Him and rejoice.
Many times over the years have I said that Maitreya was emerging 'soon', and thus has this expectation been kept vividly alive in the hearts of millions. That His full emergence has not taken place is not a sign of perfidy on My part, but rather a result of the extraordinary nature and difficulty of this enterprise. Men in general know nothing of the laws which govern such an event, nor of the boundaries to Maitreya's action which these laws create.
Also,We, your Elder Brothers, work outside and beyond the notion of time, and find difficulty in placing Our insights and information before men whose understanding is till governed by the 'fact' of time. Nevertheless, when all is said, this present 'time' should be seen by men as the anteroom in which Maitreya patiently awaits the signal to emerge openly on to the world stage. The present chaotic conditions, especially in the economic and financial fields, have tipped the scales and made possible a decision on a period which men themselves would welcome as 'soon'. It will not be long, therefore, until the Great Lord begins His open mission, albeit undeclared. Watch and wait with a sure understanding of His priorities, and so miss Him not.
How will humanity view this extraordinary man, like non seen in recent memory yet obviously one of us? how will men respond to the simple truth of His utterance? And how quickly will men respond to His analysis of their plight? It is not possible to know precisely how men will react on first experience of Maitreya. The Great Lord will be circumspect and relatively restrained on first appearance lest He drive away those who need time to evaluate His thoughts and judge their relevance. Soon, many We surmise will gather round Him, eager to see adopted the changes He advises. They in their turn, will stir their brothers and sisters to consider these seminal ideas, and to launch a crusade for sanity in world affairs. These ideas, requiring a complete reconstruction of our present way of life, will gradually appear more logical, more practical and achievable than first they may have seemed, and so a great wave of enthusiasm for sharing and right relationship will sweep across the world. Maitreya, Himself, will potentize these natural stirrings of right thinking among the nations, and will work to foster the growing public yearning for a new direction.
Thus will Maitreya work through men to sow the seeds of the New Garden. Thus will He engender in men a longing for the real and the true, for the manifestation of love and justice. In this way does the Great Lord serve humanity, showing them the way to live within the Spiritual Laws. Thus will the Lord of Love reveal Himself to men; as a Brother, a Friend, a Way-shower, a Traveller, like them, on the Way.
See Him soon then and rejoice; join His ranks and serve; awaken through Him to your divinity.
Your question is a loaded one as usual. I will answer as a Christian. I'm not sure what your intent was when you asked it.
Yes, I believe financial failures are religious and moral issues. Spending habits are totally out of control. If we use the Bible as our plumb line, we should stay out of major debt and if we have to go into debt for anything (such as our home or car) we should pay it off as soon as possible. We should not live beyond our means and make sure we are giving God what belongs to him. That would be 10% of our income, our tithe. That would turn things right around in this economy.
Unfortunately our society is full of lust (and I don't mean sexual), we see something and think we deserve it. We just have to have it. No, if we know we can't afford it we should not get it until we can.
The recent collapse of some of the large financial instutions is a matter of greed. They wanted to make allot of money and gave all kinds of loans and people fell for it and now we're in this situation. I don't think the government should bale any of the institutions out or the people who made bad decisions. We all need to become more responsible for our actions.
Your Arms Feel Like Home
I think i've walked too close to love
And now i'm falling in
Theres so many things this weary soul can't take
Maybe you just caught me by surprise
The first time that i looked into your eyes
There's a life inside of me
That i can feel again
It's the only thing that takes me
Where i've never been
I don't care if i lost everything that i have known
It don't matter where i lay my head tonight
Your arms feel like home
Feel like home
This life aint the fairy tale we both thought it would be
But i can see your smiling face as it's staring back at me
I know we both see these changes now
I know we both understand somehow
There's a life inside of me
That i can feel again
It's the only thing that takes me
Where i've never been
I don't care if i lost everything that i have known
It don't matter where i lay my head tonight
Your arms feel like home
They feel like home
(hold on, you're home to me)
There's a life inside of me
That i can feel again
It's the only thing that takes me
Where i've never been
I don't care if i lost everything that i have known
It don't matter where i lay my head tonight
Your arms feel like home
They feel like home
Almost counts in horseshoes and hand grenades. You get there and there is no there there, so you keep going and there you have it. It usually depends on where you start. The future never ends, it's always beginning and we are just in the middle. Avoid the ditch to the far left and the ditch to the far right and keep going on the road of life. Don't go too fast, for love is slow. It just seems fast, so avoid fast women. Trouble shall always pass and people are rushin around like there is a shortage of time. There's a shortage of money and time is big enough to withstand corrections in the market, so you have Big Time Big Money and kids to think about. Little eyes are watch big guys fool themselves. They aren't fooling us. Maybe they think they are. Think again. http://www.thebigmoney.com/features/todays-business-press/2008/09/16/all-eyes-aig
We have the tools and technology to make our country stronger than ever before in history, so there are solutions and hope.
September 30, 2008 9:58 PM | Report Offensive Comment
"(GOOG.O), whose shares appeared to plunge as low as 1 cent at the close of North American markets on Tuesday." http://www.washingtonpost.com/wp-dyn/content/article/2008/09/30/AR2008093002228.html
A sign of a larger problem. When a system becomes too complex, it becomes unmanageable. The same is true of securities. They've engineered something that nobody can control. The result is a total loss of control, which destroys markets along with value. Simpler is best, just so it works as Einstein remarked. Invest in the newspaper and traditional publishing markets. Tech is headed for a whole lot more trouble in my humble opinion. What works always works and we can all clearly see what is not working. We just can't fix it.
Are the economy's recent financial failures also moral failures?
They are worse, they are technical failures. Morals don't cost money. We have all this money invested in complex systems that are failing. They can't be bailed out and it doesn't pay to fix them. All that can be done is scrap it out. That's what is being done. It's going to get scrappier before it's all over with. Quality will go up in value as the junk gets liquidated.
September 30, 2008 9:54 PM | Report Offensive Comment
Hello Lucy,
We wrecked the place.
September 29, 2008 8:09 PM | Report Offensive Comment
The pressure is building for sure and things are crashing down. Opportunity is greater than crisis. I have the Bullitt. Here's a Bullitt, "We wanted peace and we could have used our power to move toward peace. We did not know how to use it."
Narcs
The other guy has the gun and we stood like Tyrannosaurus Rex. He perished from the earth and so shall we, not for a lack of power but rather a lack of understanding on how power should be applied. The brakes have been applied and it's so bad that the nefarious dispensers of habit forming drugs who have preyed on children nation-wide are feeling the pressure and going bust. The dealers of death are dying. It's looking bad for banks and others in the distribution side of the dirty trade. It's a cold dish and cities do rise and fall on virtue and vice. Some security lasts forever and love conquers all for the good of the future and there is a lot of good in the future if we live in peace. There will be progress and my Philly days were filled with discovery too. The good journey continues and let the losses be what they will be. You can't stop progress, you can only stop crisis. The economy rolls on rewards and punishments. Thanks for the space Pub. It's been a big bust and getting bigger. It's looking like a boom at The Post, so keep buying and keep selling and let your profits run on!
"Remembering the TNT days in Philly. You are not forgotten." Rest in Peace Brother.
September 29, 2008 8:02 PM | Report Offensive Comment
Hi Gerry, nice to meet you.
Have some lobster for me in Maine, it is one of my favorite foods. Been to Maine for a 5 day vacation and loved it, but I wouldn't want to live there.
I love living on the coast, but Maine is too cold. Brother's are Maine, mine was to me. He was a great dancer and we would go every week-end just to dance and have fun.
He was a riot at the dinner table growing up, and he could light up a room with his personalitiy. He told me before he died "don't waste time with unforgiveness, because it will all comes crashing down on you at the end."
I beleive he was right in his assessment. He was really moody the last few months before he passed away. I took a lot of his anger, knowing that his time was short I was not about to deny him of the right to express his disappoinment with things in his life.
I learned not to take others so seriously when they are under pressure. But you will find that certain people want to hold a gun to your head for every comment you make. These people have no tolerence, are bitter inside, hatful, spitful, and generally will seek the opprotunity to slay you in one way or the other, and will usually do so behind your back. I don't like to be around people that live in that kind of state. It is not healthy emotionally or mentally.
September 29, 2008 1:35 AM | Report Offensive Comment
Maine Thing Brothers
"We're Down Easters. We know how to handle things. We know how to take care of each other."
Gerry Green in Maine
September 29, 2008 12:12 AM | Report Offensive Comment
Hi Moon Penn,
"Each must tend their own garden. Take care of yourself and your trees."
I only have one tree, a Ficus tree. It is my brother's favorite tree, he is deceased now but today is his birthday and I miss him so. So today was a very sad day for me. I had a very low tolerance level today and vulnerability reared its ugly head.
You remind me of someone that is dear to me. Someone that doesn't believe in himself like he should and always questions what should be instead of accepting it for what it is. He has problems with trust, but he is a good man We don't talk anymore but if I could talk to him I would tell him that outside of my daughter he is the person that I love the most, he has his faults but to me they are minor issues compared to all the good that dwells in him.
He sees his worth in his vocation but not emotionally. If he could only see what I see in him, the good, underneath all the residual from life's turmoil, he is a genuine, loving, and a caring individual that depicts strength and gentleness in one touch, a balance that few men ever achieve in a life time.
A cover was provided and all is well. There is no way that he could be a party to anything that is evil, only that which is good. You can't take back what was done before but you can prevent it in the future, do not doubt in that regard. That level of grace will not be extended to others Not to worry, it was asked, noted, and relayed that there is no association with the events. His friends, not all, but certainly some are not worthy of his devotion, but I have no say in the matter. Him, I will always love.
If you should see him tell him that for me, please.
September 28, 2008 11:24 PM | Report Offensive Comment
Hello Lucy,
I hope it all goes well for you. Thanks for the thoughts. They are getting rare these days. So many good minds consumed with so much greed and the problem appears as a mystery to them all. Throw more money at it. I'll look in my mirror and you look in yours. Each must tend their own garden. Take care of yourself and your trees.
September 28, 2008 9:54 PM | Report Offensive Comment
MP “it can get better. I'm going to shoot some balls and have a drink. It's a sad day.”
Thanks for you positive attitude, I know how you feel about being misunderstood with your post. I stopped posting here as much for that very reason. People misinterpret and misjudge what I said or was trying to say, so to avoid any further confusion I limit my posts here. It is hard because the ones that I had good exchange with like you, I can’t have anymore, I miss that exchange. Too many people involved making determinations about things/issues/feelings where they really don’t have the slightest clue. I went out with a girlfriend last night; she needed to get away from her sad situation, so we were both out trying to feel better about things. I don't want revenge, or to hate, or to take action as a matter of self-preservation. I don’t know what to say anymore. I'v learned that it is better to clarify things if you can before taking any action.
My exchanges with you brighten my life. Last week was a bad week for me. It is hard to trust again. Still very sad too, if you see me smiling I am experiencing a brief time of hopefulness about my future. I keep this scripture in mind and it is my way of trying to encourage myself,
Proverbs 13:12, (12) Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life.
Keep hoping in your dreams. Me, I'm still losing sleep.
September 27, 2008 5:41 PM | Report Offensive Comment
meaning the thugs you sent to beat my car with a baseball bat that busted my driver’s side mirror which happened at 2:30am on 9/21/2008
I know nothing. People are out of their minds.
Ask Sgt. Shultz.
Schultz: [walking in to the office introducing a Captain] Herr Kommandant, this is Captain Müller. He barely escaped the terrible raid!
Colonel Klink: That raid was a complete failure!
Schultz: No, Herr Kommandant! They knocked the stuffing out of the Messerschmitt factory and got away from the Luftwaffe!
Hogan: Illustrious Luftwaffe.
Schultz: Illustrious Luft...
Colonel Klink: Shultz!
I want to register a complaint on behalf of my men.
September 27, 2008 4:59 PM | Report Offensive Comment
What's Wrong with the World?
Dear Sirs,
I am.
Sincerely yours,
September 27, 2008 4:46 PM | Report Offensive Comment
Hey gang.
I don't really have a plan. As soon as you plan, something else happens you never expected. I have the Maine thing, which is really more of a concept than a plan. It's a really old concept and thanks for all the care. This whole country cares. I'm just another guy living in a hole in the wall and shooting golf balls. Just so the campers are happy, it can get better. I'm going to shoot some balls and have a drink. It's a sad day. Happy camping!
http://www3.holeinthewallgang.org/letters/default.html
September 27, 2008 3:33 PM | Report Offensive Comment
Moon Penn wrote, “Not everyone. We wrecked the place and there are more shells to shock what needs shocked. There's some plan now to dump the bad debt down under. This follows the "bad bank" idea. Oil has to go down to relieve the pressure, so that is where the shockwaves need sent. You won't see them. You could see more gas stations closing instead of banks closing. Back to paper work.”
Still hooked on revenge and the delusional belief that you are above reproach when you act on your revengeful plan to pay someone back for something that they did you didn’t like?. “You won’t see them” you mean I will not be able to identify them? Glad to see that you are finally admitting and taking responsibility that “we wrecked the place,” meaning the thugs you sent to beat my car with a baseball bat that busted my driver’s side mirror which happened at 2:30am on 9/21/2008.
And this means what, “dump the bad debt down under”……..hmmm, and You won’t see them,…..could be interpreted that you have a plan to murder and dump someone down under, that follows the “bad bank idea.” After all you say that “Oil has to go to relieve the pressure and that is where the shockwaves need sent” so someone has to pay for what they did, as you previously put in other posts on an On Faith blog site on 9/19/2008 and 9/21/2008, as follows,
“MOON,PENN :
If you can't pay, you are still going to pay. The only difference is what you are going to pay with, your money or your life. It doesn't matter to me, because one way or another you have to have faith in somebody. It might as well be yourself and your family if you have a family. Never abandon your partner. I have faith in the firefighters. Wall Street is another story?
SEPTEMBER 21, 2008 2:51 PM”
MOON,PENNA :
"People feel like they are owed something - entitled and that is the morality part of this story."
People are owed and I think we know the morality part by heart by now. Don't fool yourself. More pain is ahead. Some deeds are more important than others.”
SEPTEMBER 21, 2008 3:00 PM
MOON,PENN :
"Lawyers, guns and money take care of problems and we have plenty of all three. Above and Beyond we have faith which beats being down and under.”
SEPTEMBER 19, 2008 9:41 AM
MOON,PENN :
When under pressure, people rise or fall to meet the challenges. The weak panic and run. This could be a record setting week and one way or the other you take the good with the bad. Good is good. Faith is good if not misplaced. Better watch yourself.
SEPTEMBER 21, 2008 10:09 AM
A bit of advice, hatred and revenge never satisfies, it breeds more hatred and revenge. Let it go and move on. Watch how you word things you could give one the wrong idea about your intentions. It is all in the perception of the other, like when I saw the Asian, friends, Best Buy, and 7 eleven.
Look ahead to your future plans and I will too.
Written by: someone who cares
September 27, 2008 2:23 PM | Report Offensive Comment
"I think the markets are on pause trying to figure out where this is going to go. Congress is still there," said Mark Coffelt, portfolio manager at Empiric Funds in Austin, Texas. "Right now everyone is a little bit shellshocked." WP
Not everyone. We wrecked the place and there are more shells to shock what needs shocked. There's some plan now to dump the bad debt down under. This follows the "bad bank" idea. Oil has to go down to relieve the pressure, so that is where the shockwaves need sent. You won't see them. You could see more gas stations closing instead of banks closing. Back to paper work.
September 26, 2008 11:57 PM | Report Offensive Comment
It's getting sporty. First McCain bails on the debate and now it looks like he has bailed on the bailout. Now they are going to start new talks, just not a summit because it turned into a shouting match. Crude is sliding as the bailout comes undone or redone or whatever it is. Maybe by letting the bailout ride over the weekend the price of gas will go down. If it keeps going down, so do food prices and a lot of other things. The bailout debate could do more for the economy than the bailout. The bailout could make things worse than they are, if that's possible. Anything is possible. The bailout is looking like mission impossible, which is how the whole mess started to start with. It never ends, so I believe it will all workout because it has to. I'm going to workout side. The debate continues, it's just a bigger debate. Maybe you need a bailout debate blog. Sell more ads and make money on the debate. It could last for a month and maybe into next year. The debate is looking bigger than the election. It seems like people are now forgetting about the election and wondering if their bank will close. The banks with money will not close, so no debate about that.
September 26, 2008 1:22 PM | Report Offensive Comment
Out of lettuce(Lactuca sativa)and I wanted a BLT for breakfast. I ended up with a BBT, bacon, basil and tomato sandwich. Horseradish optional.
You have to make it up with what you have growing.
Basil Rathbone, MC (13 June 1892 – 21 July 1967), was a South African-born English actor most famous for his portrayal of Sherlock Holmes and of suave villains in such swashbuckler films as The Mark of Zorro, Captain Blood, and The Adventures of Robin Hood. http://www.londonscottishregt.org/iraq/index.cfm
September 26, 2008 12:44 PM | Report Offensive Comment
What new breakfast means
"Let us take a break today from the academic world -- and talk about food and perhaps drink. A neighbour of mine who is a famous chef gave a series of talks a few years ago on Radio Eireann. Time and again he emphasised that the best way to start the day is with a good plate of porridge. I couldn't agree less." Con Houlihan http://www.independent.ie/opinion/columnists/con-houlihan/what-makes-a-real-irish-breakfast-1481530.html
I need a break fast. The Pros are saying: Buy Buy Buy, which means Sell Sell Sell. Agree more or less, somebody buying means somebody selling.
Everybody is speculating and I'm having a late breakfast. The bailout isn't looking like Bailfast. Belfast is still eating breakfast, lunch and dinner and so are we. Better late than never. It's lunch time. It's always time to eat or getting to be time to eat. It's never too late for good things. The good things can wait and get better for the wait. The bad things just get worse and are left behind. I'm having breakfast for lunch and after that I'll see what happens. Looks like rain and we need it and the garden needs it.
September 26, 2008 12:04 PM | Report Offensive Comment
Something to chew on.
MILWAUKEE (AP) -- "Shareholders of Wm. Wrigley Jr. Co. have approved the company's $23 billion sale to Mars Inc., a move that will end more than a century of family control as the chewing-gum company becomes part of what will now be the world's largest candy maker."
$23 billion is a sweetheart of a deal and Mars is green to go. We should be seeing more of these deals and family control is now a different family affair. Mars Inc., a family owned company whose global net sales are about $22 billion. You can't beat family control because it does make a difference, so the business grows and another family retires. It looks like a nice retirement package. All is well that ends well and McLean, VA just got bigger. If more banks close maybe we can convert them into candy stores. I'm sure the kids would love that idea.
Post Numbers +O50
The Washington Post was taking flight this morning, then orbited for the afternoon and the closing numbers are: +0.50 (0.09%) Here we go 050 again and up to 09, so it's funny how things work out. The important thing is that they work. My morning paper was 50 cents. The last check was +20.50 (3.60%) and the main thing is that it stays positive so the checks cash. I'm deep into negative territory here, but somebody has to be doing good and it might as well be the newspaper and candy business. I wonder what would happen if the newspaper and candy business merged. It is the land filled with opportunity and I have my candy jar sitting here on the table and it's full of papers. It is a rather historic candy jar. Another story.
50 cents here and 50 cents there and you are talking a real even paper dollar. How sweet it is. I hope everything stays positive there, because I'm melting down here like a chocolate bar. It could be worse and maybe it will turn around. Always get a receipt.
September 25, 2008 8:35 PM | Report Offensive Comment
What the Pros Say: Buy a Mattress! CNBC this morning
Get those mattress ads running.
Financial bailout agreement reached this afternoon
They agree on a set of principles. Losing money sucks, so everybody agrees.
We can all sleep at night again.
I'm sidelined for now.
You are +20.50 (3.60%)
I hope you keep going up, because going down is a pain and I know a lot about pain.
Don't lose any sleep, I'll lose it for you.
September 25, 2008 1:44 PM | Report Offensive Comment
Deer, meet headlights
You Fox, no not that Fox
http://time-blog.com/curious_capitalist/
Things keep getting more dear! And how they do.
Keep the lights on and keep the presses pressing.
Red or white wine? It's lunch time.
September 25, 2008 12:06 PM | Report Offensive Comment
Upbeat news WPO +25.81 (4.53%)
If the day gets better maybe oil will go down. A fill up is killing my grocery budget, but I have a garden. A guy can hope. The down news is that a half a million computer jobs are leaving the United States by 2016. I guess for better or worse we are stuck with the printing presses and the same old things that we always depended on. Keep speculating and don't get Paddy whacked!
September 25, 2008 11:55 AM | Report Offensive Comment
Market Geometry and Irish Math
Read the problems and prove them as originals. You can arrive at solutions pretty quickly and the problems don't multiply.
Everybody has an angle or a global angle. The geometry does not change. It's business as usual at the little banks and the big banks, well that's not looking so good. The WashPosties are looking up +13.87 (2.44%) The geometry of the chart looks positive, so if you are going up the best thing you can do is keep going. 52wk Range: 551.11 - 880.00. Keep selling good articles and that gets you back in that 880.00 range. Past that is 900.00, which beats a $900 billion bailout, so we all save a lot of time and you make a lot of money. That is what I call a win-win which beats an all-gone by a long-shot.
Just like that +17.13(3.01%). It's an uphill battle in a war of words. The numbers get better the higher you go, so go above and beyond then go some more. The profit is the moral thing and as a moral thing it is safer than the alternatives. I'm up and you are keeping me up. If you only knew!
September 25, 2008 11:25 AM | Report Offensive Comment
Everybody is now speculating on the bailout so the market is going up. If it keeps going up, the irony is that we won't need a bailout so all you can do buyers and sellers is keep speculating. With more speculation comes more volume and more volume means more action for everybody. It's never too late for action. The bailout seems to be more talk than action leading to more talks. Things are looking up until they are looking down, so I better go invest in my morning newspaper to see what I'm really thinking. I've been speculating on the newspaper business and I've always got satisfaction for knowing what I know. If I don't know, it's good knowing somebody knows better. I know it's time for coffee and the rest of the day. I need to go bail myself out here.
September 25, 2008 10:20 AM | Report Offensive Comment
"Federal Reserve Chairman Ben Bernanke told Congress Tuesday the government should pay more than "fire-sale" prices for the toxic assets" AP-I think
They are having a summit today to see how much more should be paid. The cash is all-gone, so let's see how much cash can be burned to recover ashes from ashes.
"When the lamp is shattered, the light in the dust lies ahead." Hopes from last October
"I feel I can do it-if only nothing happens" Rachel
"I look back at the devastating wreckage of those plans. . ." More wreckage ahead.
Toxic assets at a premium prices. What a bar-gain. I have premium whiskey at a bar-gain price, so quality pays off and pays for itself. There are lots of junk bonds floating. I guess we'll see what sinks next. It won't need help sinking. The market will sink it, so don't get that sinking feeling. Kids have to learn how to swim and I keep drowning my sorrows. The Presidential Ball is looking like a Wrecking Ball.
What can you do? Hit a Golf Ball and get into a hole and head for the 19th hole or head for a 19th nervous breakdown. Here it comes, here it comes, here it comes, here it comes and I'm going to Maine so hells bells.
September 25, 2008 9:56 AM | Report Offensive Comment
Bush administration officials warned an angry Congress on Wednesday that the U.S. financial system would sink into Great Depression-style chaos unless it approved a $700 billion bailout plan and the president called an emergency meeting for Thursday to try to broker a deal.
Like my grandmother said, they call it the the great depression. I was there and there was nothing great about it. I guess the same could be said today for some of our leaders. Public debt is public robbery and we have a lot of thieves out there. I guess that's why people are angry. We're going to save the Middle East with all this debt. They have their own debt and don't need ours. This is going to take time. You have investigations, meetings, hearings, debates, more meetings, hearings and before you know it you are back at your rattlesnake ranch.
September 24, 2008 10:00 PM | Report Offensive Comment
I'm back to the Maine thing. The million six is looking like a problem, when I thought it was a solution. I decided on a compromise and went looking for a B&B for R&R until I can hatch a better plan or at least a different plan. I found something timeless and this is all going to take timeless the way it's been going. I kind of like Room 9 http://www.pilgrimsinn.com/room09.html
This large, bright and sunny room on the third floor overlooks Northwest Harbor across the road. It features beautiful wood floors, exposed brick and vertical beams. This room also has a sitting area and iron queen-sized bed. A tri-fold privacy screen separates the shower area, with the toilet in an enclosed area.
Keep your irons in the fire and your queen of hearts on the bed guys. Remember the Maine
http://www.arlingtoncemetery.net/ussmaine.htm
September 24, 2008 9:30 PM | Report Offensive Comment
Things just keep getting more dear
September 24, 2008 8:56 PM | Report Offensive Comment
Settle down and think. Do not panic, it's such a large and immediate chaos, but it is a very well planned chaos and as such only the weaker will be eliminated while the stronger will survive and get stronger. As it's always been. The reality is that the strongest businesses are in the United States, so the United States never needs to bail itself out. We are the ones that bail everybody else out. There's no bailing out the Middle East, they are going to take bigger financial hits than they ever imagined. So are those that invested there, so let the chaos continue while the fire burns out of control. Everything is good at the firehouse and we never abandon our partner. A lot of people are going to wake up and find their money all-gone. They won't be the firefighters. Watch out for oil slicks selling futures and telling tales. The oil industry could turn into large and immediate chaos with falling values and tumbling prices. It's getting too expensive to fuel up the fire trucks, so something needs to give and something needs to get. More chaos is ahead, so don't fall behind. Lots of people are.
September 24, 2008 7:13 PM | Report Offensive Comment
"Middle East is now grappling with the contagious global credit crunch and worries over its own overheated asset market. And the debate among Islamic scholars is sure to complicate those woes."
Grunt Intel: Grappling hooks are currently used by combat engineers breaching tactical obstacles.
A tool available for this purpose is the rifle-launched grapnel, a single-use grappling hook placed on the end of an M4/M16 rifle. A grapnel can clear up to 99 percent of the trip-wires in a single pass. A grunt is only as good as the tool he has for the job, so he has no use for the debate. The debate only distracts you from the mission. We have better tools, no debate about it. The markets are all booby trapped and the boobs all got trapped and now want the grunts to sell off their tools to untrap the boobs. It's getting hot and sporty and some get burned worse than others. In our market each is free to shoot for their own goals by their own rules with their own tools, if they believe the game itself is good. So be a good sport and keep your cool. Winning is the only religion. Cool heads prevail and tools make the grunt. A grunt never bails out before the mission is complete and there is always the next mission. It may be too late to think about it, it's just never too late for the action. Parts of the market look like skid row and the shooty-spiky-thing can cause all hell to break loose. I wonder how the market did today. The breach is open and more closed businesses to come. They need to go all-gone on a need to know basis. That's why newspaper is so important. It's just another tool for the good fight. These Middle Eastern newspapers could turn into a big mess, so ours need to be all the bigger or at least all the more profitable. Build a new printing plant and get more tools. As any grunt knows, newspaper has many uses in the field. Keep your steel sharp and stay good to go. Maybe I'll see you in Maine, if I ever get all these tools and papers packed up for the trip. It could take some time.
September 24, 2008 6:46 PM | Report Offensive Comment
Here's a question. Will terrorists go nuclear?
The same resources being used to investigate, debate and sort out the financial trouble are resources not being used for defense and security purposes. We need to be prepared for anything and right now we seem to be unprepared for anything and attacking ourselves using our own resources. If you lost money, that's the breaks. Look at the threats and they are real. Some threats are more grave than others. The best defense is business growth, so if you aren't prepared to grow better be prepared to be eliminated. It all comes down to all or all-gone. The country can't afford to carry defense debt and all this bad business debt. The debt is being eliminate along with the business that created the debt. All for victory and none for defeat. I've been at all-gone since September of 1967 according to my records, so I've gotten pretty good at it over the years. More things are going to end up being all-gone.
There's gone for good and good and gone. The newspaper has always been good to go, so it should keep going good. A lot of other stuff is going to end up for good all-gone. It's not coming back because it can't be secured or it isn't worth securing, so wasting resources and billions of dollars on it. It will only result in greater losses and more money will end up all-gone. You think your expenses are high now, just think of a nuclear attack. That's why we need a surplus and we have more debt than we can imagine and it's growing. That doesn't mean more security, it means greater losses. The growing debt not only threatens security now, it is a threat to the security of the next generation. They aren't concerned about it, so we better be and we better do something about it and do it soon. It's not Pearl Harbor, it's much worse than that we need to be prepared for and we are not. Pearl Harbor was an attack on a military target. The danger now is an attack on civilian populations, so the stakes are higher than ever, while the profits are getting lower. Raise profits and raise security. The alternative is losses and loss of life and liberty. Expand or die. Invest in the United States or invest globally. We see what happened to the global strategy. It's all-gone or going. It is just not good to go.
September 24, 2008 5:35 PM | Report Offensive Comment
I was reading that there are 1,400 FBI fraud investigations going on now. That number is almost certain to go up. Billions are missing and they want mor billions and want them fast. Fast money can lead to ruin and we have all kinds of ruin. Good people are getting ruined for the greed of a few guys trying to run the world into the ground. The threats are now called grave. Do you think?
Mercy to the guilty is cruelty to the innocent. Now the spin is that nobody is innocent. A bunch of Nuns just drove by on the way from the convent. The cars keep going by. Sell your Gulfstream if it's that bad. Hit Hollywood up for cash, they all have more money than God so they say. The NFL is paying people like there's no end to the money. Look at Pat Tillman, a true patriot who gave all for the country. The country is worth giving everything for and some do. The rest of them are whatever you call them. You lost a few billion. If you were smart enough to make it once, you should be able to make it up later and then you die. Life's a beach.
September 24, 2008 3:00 PM | Report Offensive Comment
Left, right and who cares? A newspaper has to be positive or it's negative. -27.393% is not good. You want to be positive and then your numbers reflect how positive you are and things start looking up for you. Everything is on the line and losses keep multiplying. Software is looking like a big loser in all of this. There's always free software. Paper carries costs and it carries weight. There's plastic and metals, metals are enduring and lots of plastic is now melting. No helping it. Of course the greedy are going to say how bad everything is and it may get worse. If you have $20 billion, it might be looking real bad. I don't, so for me it's all paper, progress and family. For them it's all something else. I have no idea how they think and I don't want to know. I just want to see the presses keep rolling and they appear to want to stop them or print more money backed by nothing. It's like printing the paper in crayon. Ink and paper still mean something in this world. They would sell wine with no label on the bottle. That little piece of paper means something. You can buy wine in plastic jugs too. You can't beat glass though.
September 24, 2008 2:39 PM | Report Offensive Comment
To John Meacham and Sally Quinn,
What is the reason this is posted. It's quite evident whose camp you are in. You both are hateful, way, way left people who should not be in journalism. Newsweek and WaPost has become a very, very left, in the camp for Obama magazine/newspaper.
September 24, 2008 12:33 PM | Report Offensive Comment
I'm boxing up the bankers den here, just trying to get to main things in Maine. I took down the old bank charter that was on the wall. The memories and Leo Crowley. The picture is worth a look-see:
http://www.trumanlibrary.org/photographs/printRecord.php?id=19255&rr=
I wonder what the charter is worth. It's another thing I can't sell on bankers orders. Then there's all the other stuff I can't sell and I need $1.6 million for the road ahead.
"Back in the business world, Crowley was named chairman of the Milwaukee Road in December 1945 and made it turn a profit until the mid 1960s. He continued contact with the White House: President Dwight Eisenhower appointed Crowley to the United States Commission on Civil Rights in his second term, and he was known to have dined with Lyndon Johnson." I have the inaugural program from 1965. That's a keeper. "The will of the people is the only legitimate foundation of any government..." Thomas Jefferson, as quoted in the program. Mrs. Perle Mesta was Social Consultant to the Chairman.
I need to go find a box and pack up. The $1.6 million can wait until later and then who knows what? This could take some time. I keep coming across something else and it's back down memory lane trying to get to Maine. Maybe I need a Packing Consultant. If it's not one thing, it's the Maine thing. I can't rush this, so some things take more time than others. That's life!
September 24, 2008 11:57 AM | Report Offensive Comment
Dear Posties,
Things are bad here. The hospital is planning layoffs and the local newspaper is doing the same. If more people get sick, things could look up for the hospital. The newspaper appears to be in critical condition and life support may be too late. Some news is worse than other news. You might find some lemons and make more lemonaid and get a bigger market in on the bargain. Holy Toledo, it keeps getting worse or better depending on the bar gain. Our town decays and cities rise and fall on paper gains or losses. Gains are all better.
"A memorial museum of George Washington relics could not excite any considerable interest if it were located in that decayed town and the devotee had to get to it over the Boston and Maine," Mark
September 24, 2008 8:59 AM | Report Offensive Comment
Are the economy's recent financial failures also moral failures?
What's newsy?
"Actions louder than words, Bush tells U.N.
The old line was that Wall Street got drunk and on the road of life there are drivers and drunk drivers. Now the drunk drivers have all crashed and we get to buy them new cars and a bottle of Scotch, so the price of a drink keeps going up as you can see. When you are running on empty, sooner or later you start walking. With the bailout, they are going to get things running faster again. If you hit a brick wall it's a sign that you need a bricklayer. They want to hit you in the head with a brick and tell you how good it feels. It's urgent and they are going to lay a new yellow brick road to bailout oz. . . .Have another drink and keep silent. Silence is golden. The city newspaper still cost the same today and the comics are still comical.
September 24, 2008 8:39 AM | Report Offensive Comment
Got the memo. ALL caps, proof for the fools. Get out a bottle of 90 PROOF and wise UP.
September 24, 2008 7:55 AM | Report Offensive Comment
Intel: For Wednesday, September 24 -Why hide what you have to offer from others? Being shy and coy can be cute, but these aren't effective tactics for showing the world what you can offer -- especially if you are looking to create a romantic connection. So today, you need to take a bigger risk -- reveal your inner thoughts and ideas and you won't be disappointed. You are a lot more intriguing than you realize. Providing a clue towards solving the mystery will attract a lot of people to you.
"A true friend freely, advises justly, assists readily, adventures boldly, takes all patiently, defends courageously, and continues a friend unchangeably."
William Penn
I just need one person and $1.6 million for change. Attracting a lot of people benefits a publisher and I am not a publisher. I am a rough.
Clues
"I solicited from basements to garrets, and sold books in both, to rich and poor men, roughs and gentlemen; and think I have climbed steps enough to land me in heavenland, and am just as far away from the goodly place, but not any farther, than when I first began my sad departure; for I received many good lessons, and some of the very best, from the roughest masters, and when least expected. And although temptations and insults greeted me, I would also have received them if stationed behind any village or city store counter, in any permanent establishment. And I saw no reason why I should not or could not work in that capacity as well as men, and support myself, and respectably, too."
Only a woman can turn a rough into a gentleman.
"Debating the question of ways and means, . . . I was prompted instinctively to pick up a city newspaper . . . my visionary mind was mechanically drawn down through its newsy page to a single item of distinctive meaning, so electrifying and magically warming my freezing life-current, that I was instantly thrown into complete respiration and retroaction. It was a simple announcement, an advertisement only, of A. Roman & Co., who wanted agents to canvass "Tom Sawyer," Mark Twain's new book. I had been led to it by a mysterious guidance . . . ."
The sun is up, so this rough must go out and get his city newspaper and see what is newsy. I was led to the Maine thing by a mysterious guidance . . . . "If this man sprained his ankle, a million miles of telegraph would carry the news over mountains -- valleys -- uninhabited deserts -- under the trackless sea -- and ten thousand newspapers would prate of it; if he were grievously ill, all the nations would know it before the sun rose again; if he dropped lifeless where he stood, his fall might shake the thrones of half a world! If I could have stolen his coat, I would have done it." Mark
I'm packing up my bar to go. It's good.
It is once again looking like a long cold winter, perhaps colder than most on Deer Isle. Things keep getting more dear. Bundle up those papers and keep warm. It's soon off too Maine for me and all gone unchangeably so. I don't know about You. I may never know, just so you know all's well that ends well. That is the Maine thing.
September 24, 2008 7:43 AM | Report Offensive Comment
"For the purpose of financing the war the Government was issuing large amounts of bonds. To aid in this financing, Congress passed "An Act to Provide a National Currency Secured by a Pledge of United States Bonds and to Provide for the Circulation and Redemption Thereof." approved June 3,1864. From a history written by George H. Thurston, published in 1888, we learn: "The rates of interest on Government bonds during the war was 7.3/10 and 6%, and the interest was paid in gold, and this sold at times at a premium as high as 100%." The addition of the circulation privilege made the purchase of bonds highly attractive to banks and many hastened to apply for national charters." From the bankers den
Today the war financing is different and all we can say to many of the banks is turn in your charters. We have the circulation privillege of the newspaper and we'll be reading about more bank closings. If not we'll be writing more stories about bank failures. Many banks are simply running on borrowed time. If they have money to redeem with they don't need bailed out and if not there's no redemption for a good many of them. There's good and there is as good as gold. Then there is the rest of it.
September 24, 2008 5:20 AM | Report Offensive Comment
THE FOOLPROOF BAILOUT
Unless the HOLES in the financial system are properly plugged up, this 700 billion dollar bailout will just GO TO WASTE. The reason why we are in this FINANCIAL MESS is because all those holes came into play at full throttle. Some people simply abused the weakness of the dollar for their benefit. Upon seeing the weakness of the dollar, they played up the price of oil. They can do it because as we have seen last Monday, there is no regulation that can stop them from doing so. With very high oil prices, the companies become vulnerable and weak. Here comes the SHORT SELLERS taking advantage of that weakness and betted that the stock prices of these companies would fail. As a result of stocks plunging, many companies struggled and many could have borrowed money from banks and in the process raised the interest rates. Also, profits from short selling contribute to excess liquidity and to offset this liquidity, interest rates are raised. As interest rates climbed, so does the mortgage interest rates. Many homeowners defaulted which put banks on a tough situation. Again the SHORT SELLERS saw the opportunity to profit so they came BETTING AGAINST the banks until we see all these big banks failed.
Now, we can see that there are THREE BIG SUCKING HOLES that came into play that put us into this mess. The FIRST are the SPECULATORS who played up THE PRICE OF OIL. The SECOND are SHORT SELLERS which pulled down the stock market. The resulting HOLE (third hole) which these two sucking holes created are the FORECLOSED houses which continue to burden the financial system.
The SOLUTION to this mess is simply to PLUG UP these THREE HOLES. First is to create an OIL PRICE STABILIZATION LAW which I explained in my earlier posts. Second is to PERMANENTLY BAN SHORT SELLERS. Thirdly, if they want a bailout, it should be used to relieve the homeowners by lowering their mortgage interest payments and return the foreclosed houses to its previous owners under a restructured payment scheme that's affordable. The third solution will release the banks from bad debt and can therefore continue and start clean anew.
The hedgefunds which will be affected by the ban on short selling can look for MORE PRODUCTIVE investments like the manufacturing sectors and new technologies sectors. This shift of investment would lower interest rates because manufacturers would not be crowding in the banks for loans. This will also make our manufacturing sectors competitive. As a result more jobs will be created.
This is WIN-ALL SCENARIO and to achieve this, THESE THREE HOLES MUST BE ATTENDED TO, otherwise, NO BAILOUT WILL SUCCEED.
GOD BLESS AMERICA.
September 24, 2008 1:14 AM | Report Offensive Comment
Do you have faith in the economy?
Only if a woman is handling the books. You can easily see what the men have done with the economy. I don't think it can be doubted that women are better with money. In all money matters I trust in God and woman.
Now for the Maine thing, the dream if you will.
"One doesn't have to be sensitive to feel the strangeness of Deer Isle." John wrote. I was told that when the time came, I would have everything that I needed.
The twin bridges and one bounces.
Deer Isle is separated from the main land by Eggemoggin Reach and may be reached by car via a narrow 1939 suspension bridge bearing the island's name. This bridge is a sister bridge to the first Tacoma Narrows Bridge, which collapsed spectacularly in 1940, due to wind vibrations. The Eggemoggin Reach bridge still stands today. Presumably the dimensions of the bridge and the geography of the Reach do not create the same aerodynamic conditions that occurred in the Tacoma Narrows. The bridge does bounce up and down on windy days, however.
The local paper for the ladies http://www.islandadvantages.com/
One door closes and another opens
http://www.haystack-mtn.org/opendoor.php
Now all that I need is a woman to figure out the money situation for me and I am good to go.
Everything keeps getting more dear for the dream of Deer Isle is strange and here we are On Faith, perfect strangers reaching different conclusions. The geography of the Reach makes all the difference. There we have a bridge to a safe and secure future.
"The Chinese use two brush strokes to write the word "crisis". One brush stroke stands for danger; the other for opportunity. In a crisis, be aware of the danger — but recognize the opportunity." I have reached for the bridge of opportunity and the question is who will cross that bridge with me. I can not cross it alone. None of us can, because we all need somebody. Never abandon your partner and never abandon their dreams. Big challenges are always ahead and we always meet them and the next set of challenges become even greater for generations that follow ours. The bridge of opportunity will always be here in the United States and we will always reach higher and achieve more because of it. It is a long way home from here and a different way. With hope it is a better way.
A new frontier always defeats a crisis and progress is born of courage.
September 23, 2008 9:03 PM | Report Offensive Comment
Religion and Greed- 101:
The Baptizer drew crowds and charged for the "dunking".
The historical Jesus saw a good thing and continued dunking and preaching the good word but added "healing" as an added charge to include free room and board. Sure was better than being a poor peasant but he got a bit too zealous and they nailed him to a tree. But still no greed there.
Paul picked up the money scent on the road to Damascus. He added some letters and a prophecy of the imminent second coming for a fee for salvation and "Gentilized" the good word to the "big buck" world. i.e. Paul was the first media evangelist!!! And he and the other Apostles forgot to pay their Roman taxes and the legendary actions by the Romans made them martyrs for future greed. Paul was guilty of minor greed?
Along comes Constantine. He saw the growing rich Christian community and recognized a new tax base so he set them "free". Major greed on his part!!
The Holy Roman "Empirers"/Popes/Kings/Queens et al continued the money grab selling access to JC and heaven resulting in some of today's
richest organizations on the globe i.e. the Christian churches (including the Mormon Church) and related aristocracies. Obvious greed!!!
An added note: As per R.B. Stewart in his introduction to the recent book, The Resurrection of Jesus, Crossan and Wright in Dialogue, ( Professors Crossan and Wright are On Faith panelists).
"Reimarus (1774-1778) posits that Jesus became sidetracked by embracing a political position, sought to force God's hand and that he died alone deserted by his disciples. What began as a call for repentance ended up as a misguided attempt to usher in the earthly political kingdom of God. After Jesus' failure and death, his disciples stole his body and declared his resurrection in order to maintain their financial security and ensure themselves some standing."
Judaism - Because the foundations are so mythical, it is almost impossible to be historical about greed in said religion. The historical King Herod and his offspring were with the assistance of Rome, however, were a very greedy bunch.
Hinduism and Buddhism- A Google search will take you to many instances of greed in the leadership of said religions even though like other religions greed is a major sin and disorder.
September 23, 2008 6:15 PM | Report Offensive Comment
This baby book is bringing back the old days, the good days and the all or nothing days for me.
At 14 months I did "ALL GONE".
Those were the days and I'm still doing all gone, I'm just doing it differently today.
September 23, 2008 3:46 PM | Report Offensive Comment
Fatally Flawed Bonds
"Islam, where the world's fastest-growing debt market has hit the skids in part because leading Islamic scholars began to question whether some popular Islamic bonds, or sukuks, followed Islamic law."
"the conventional, interest-based marketplace," have churned out products that give lip-service to Islam while using "ploys that sound minds reject and bring laughter to enemies."
That game was all played a number of years back, after invasion USA started, so it was tricky. Broken bonds do spoil a jihad. We have different laws and blanket laws. Their law means nothing to us and now maybe to them it means less.
Behind the Scenes
I was working for this wealthy old woman. I say what do I get paid for lip-service? I just get one of those looks. Nothing needs said. A number of years later I find my baby book and it turns out the woman knew my grandmother years ago and the family gave me a blanket for my first birthday. Some bonds can't be flawed or broken because you don't even know about them until years later. I don't remember the blanket, because I was one. I'm sure it was a nice blanket, because the lady was loaded. After all these years I'm still covered and good to go. As grandmother said, things keep getting more dear. And how they do.
September 23, 2008 3:29 PM | Report Offensive Comment
"The reality is that we're in a situation that if Wall Street falls apart, Main Street is going to get killed." former Federal Reserve Governor Frederic Mishkin
Wall Street is falling apart, so why not just give all this money to Main Street so it doesn't get killed? At the end of the day, who gives you anything? The government takes what they can, along with everybody else trying to get a piece of you for themselves. Holywood is swimming in cash, but Main Street is being thrown to the wolves. The newspapers are barely hanging on and have always supported Main Street, because they came from Main Street. Too many vultures, too few eagles.
September 23, 2008 2:58 PM | Report Offensive Comment
There, there, a break please.
September 23, 2008 2:38 PM | Report Offensive Comment
Yes, there is the myth, but he is now in the world, although as yet behind the scenes.
Great, then maybe he can go direct traffic on Wall Street. There behind the scenes too, along with all these lobbyists in Washington running a circus to see who can lose more money, New York or Washington.
Propaganda
"There wasn't wholesale panic but minus those with a desire to jump on the oil-related bandwagon, there was a complete buyers' strike.
However, the epitome of sheer panic occurred in the oil market. If the short crowd figured it would chill out and make a few bucks in the commodities market until suspensions in financials were lifted, it made a serious mistake."
It's buyers (union) on strike and sellers (managers) out in the cold. What's the short crowd? People using their heads and selling to avoid losses are supposed to be the bad speculators and the buyers are the good guys. Just like all the home buyers were such good guys and now have garbage mortgages too. Whatever. Now there's hell to be paid and the buyers all want saved from themselves at the expense of the managers. Do like the steel industry. Close the plant and send everybody home after they go on strike.
September 23, 2008 2:36 PM | Report Offensive Comment
Betsyw, Betsyw, Betsyw,
Give us a break!!!!
September 23, 2008 2:34 PM | Report Offensive Comment
"The chief reason businesses block access to Web sites is to prevent the spread of spyware and other forms of malware, said Lawrence Orans, an analyst at Gartner Inc. in Stamford, Conn." My Washington Post site was all screwed up yesterday. It seems normal again.
"I think it is prudent at this point for the DoD to act in a manner that is consistent with what businesses have been doing," said Ron O'Brien, senior security analyst at security vendor Sophos PLC in Burlington, Mass. "At home, a lot of these applications are acceptable and the manner in which you use them is at your discretion. But when you bring it into a work environment there are a number of impacts. The most significant is the security risk."
I never had a problem and then that Political Browser came online and something went wrong. I didn't abandon the site. I was rather concerned about why it was malfunctioning though.
You have to be careful what you link to and think about the security ramifications. Your entire site can become toast in a matter of minutes.
"Bottom line: "There is no business purpose for those sites." They don't make money! Making money is moral.
September 23, 2008 2:15 PM | Report Offensive Comment
CONCERNED THE CHRISTIAN NOW LIBERATED wrote:
"South and Central Asian mythology
Maitreya or Metteyya, is the name of the Buddha who is yet to come. This is in accord with the Buddhist notion that there is a series of Enlightened Ones, existing before and after the historical Buddha. Maitreya is regarded as living at the moment in a Tusita heaven at the apex of the sensual universe. In China as Mi-lo this aspect of his myth underwent considerable development, his abode becoming identified with a sanctuary from the endless round of birth. In Tibet and China there are rock-cut inscriptions which read, ‘Come, Maitreya, come!’"
Buddhists sure spin some interesting tall tales and myths."
Yes, there is the myth, but he is now in the world, although as yet behind the scenes. Awaited by all traditions, under different names, the Teacher comes. We live in the most extraordinary time in the history of mankind. Many have already met Maitreya and can vouch for his wise and compassionate presence, on the subway in NYC; at a Benjamin Creme lecture in Tokyo, on the streets of your city. He appears daily to teach, to heal, to offer succor. But soon he will emerge from behind the scenes into full and public view. Watch and wait. Wake up to this long-awaited event. http://www.share-international.org
September 23, 2008 1:54 PM | Report Offensive Comment
"NEW YORK (AP) -- The Washington Post is launching a new Web section linking readers to the best of political coverage -- even scoops by rival newspapers. The idea behind the Political Browser, expected to start Monday, is to brief political junkies on the top "must reads" of the day, from an article on a scandal to a humorous video making the rounds on Google Inc.'s YouTube."
I've seen political ideas. This one doesn't seem real good. "New Post Web section to send readers elsewhere" Sounds like a high tech way of saying get lost. The whole YouTube idea is embedded video.
Sending users away is nasty, just not as nasty as embedded video has the potential to be. Active content can bring a site crashing down, depending on the content and how things are run. It's a recipe for trouble one way or the other. If you control the video, it's safe. With YouTube it's a matter of being out of control. You end up with problems and it“impacts our official DoD network and bandwidth ability, while posing a significant operational security challenge.” In other words, YouTube is a security risk. Losing traffic for a security risk poses other challenges such as how to get that user back. If it's worth securing it's secured. Don't lose more users for a sense of political gain. It never pays, it only costs.
September 23, 2008 1:54 PM | Report Offensive Comment
-104.18 Maybe we can just call it the Down Jones. -105.05 and dropping like yesterday and more bad news and an urgent bailout will be good news too. It's a rat race and they want to feed the rats.
September 23, 2008 1:24 PM | Report Offensive Comment
WPO is behind here. How behind?
1-Yr Return (-25.393%) There's no bailout, there's just improvement. Now we have all these people on Wall Street writing bad loans, mortgages and whatever else could of failed. Now they want all these hundreds of billions of dollars for failing. The people who are actually publishing the truth, which I remind you makes you free come out 25 and some odd percent behind. The wrong people are being punished for doing right and now we are actually considering rewarding the others for doing wrong. It's not only all backwards, it's upside down. Maybe if we just destroy the publishing business in America, the entire country will look like Wall Street does and we adopt the Chinese news business model and start making poison baby formula while we are losing all our marbles. Something different needs to start going on. What's going on isn't moral and it will not last. Maybe we need to do something never done before. I have a few ideas about what. There's always next year.
September 23, 2008 1:15 PM | Report Offensive Comment
-22.30 It's looking like some stars are now falling. How low can it go? Urgent calls for bailouts and then something else falls out of the sky. One catch 22 leads to the next and all hell breaks loose, so more action is needed and the rules say don't sell even if your brain says get out. You have to keep your losses running on and cut your profits short or you are branded a bad bettor. Dow Jones isn't what it used to be and it's looking worse by the hour. In 22 hours it could implode, leaving 2 hours for cocktails.
September 23, 2008 12:54 PM | Report Offensive Comment
I'm a soldier of fortune and I don't know why. I had my baptism of fire and we don't care who the killing is effecting or affecting. They brought war here and made us get back to business the way it should be. All or nothing days are back. You're a Postie or a Toastie. You can't get untoasted, so stay Posted. The Toasties are on Wall Street reading Journals about their own terrible fate. It is what is and will be what it was, just a family tradition and family still makes a difference so nothing changes. Loss is loss and gains are gains. You are Up and Above or Down and Under. Life comes from above and death from below. Heaven and hell are not the same things. Posties are going up, so get some Postie Notes. Wall Street is getting toastie. It's a real necktie party.
September 23, 2008 12:22 PM | Report Offensive Comment
South and Central Asian mythology
Maitreya or Metteyya, is the name of the Buddha who is yet to come. This is in accord with the Buddhist notion that there is a series of Enlightened Ones, existing before and after the historical Buddha. Maitreya is regarded as living at the moment in a Tusita heaven at the apex of the sensual universe. In China as Mi-lo this aspect of his myth underwent considerable development, his abode becoming identified with a sanctuary from the endless round of birth. In Tibet and China there are rock-cut inscriptions which read, ‘Come, Maitreya, come!’"
Buddhists sure spin some interesting tall tales and myths.
September 23, 2008 12:09 PM | Report Offensive Comment
The new economy is all search, facebooks and lost money. The siliCons and dotCommies. The old economy is all news, people, papers and postage stamps. They're going to make gold out of lead too and bottle rain water and sell it online for a buck a bottle. Look at Wall Street. It starts at a cemetery and ends at the river. Take your pick and jump. We are at +64.12, which beats -310.07. I think I'll walk up to the real store and get a real paper for 2 quarters. At 4 o'clock I'm a dinosaur here and the prisons will be opened up since everybody is going to be as good as gold. Maybe the water will turn into wine tonight and I can get drunk for nothing.
September 23, 2008 12:09 PM | Report Offensive Comment
Faith in the old economy? No. Hope for a new economy? Yes.
Watch and wait..his face appears.
"My friends, I am near you indeed.
I see around you your aspiration and love, your hope and desire for a better world. Believe me, my friends, all these will be fulfilled. That New World is now in the making, is formed in thought and desire, and slowly descends. Therefore, My brothers, know no fear."
" I am among you in many ways. I present myself to the world in many facets. I galvanize all forms to change. I stimulate all souls to growth."
"I am with you and in you. I am the Heart of your life. I seek to place before you the Laws which are God. I aim to evoke from you the love of your heart"
"I am the Prince of Peace.
I am the Sword Bearer.
I am in your heart as Love.
I am your Friend and Guide.
I am the Lawgiver.
I know God's Purpose.
I teach His Plan.
I long to serve.
I bring Joy.
I awaken the New Spirit in man.
I come prepared for the task.
I call you as helpers.
I take you by the hand to the Source.
I shall live among you."
"The time of God has come.
By pure Love man will achieve.
By great deeds man will conquer.
By mighty steps man will advance into the future."
"My name is Oneness.
My Love abideth.
My law creates.
My teaching shall turn all men to God."
Maitreya's Message 100, 1980
"Messages from Maitreya, the Christ",
Benjamin Creme: Tara Press, London. 1980
Something stirs deep within the human spirit. Unbelievable yet felt, experienced. Something soft, yielding yet reserved. Turning one way, all is broken, dirty and dead. Turning the other way, music invites wonder and beauty emerges. Which way to go? Watch and wait. Then you must decide. Share and save the world. All else has been tried and failed.
September 23, 2008 11:19 AM | Report Offensive Comment
I'm not racing with rats, so if I don't win the rats don't win. The dream continues and I'm going to do some Swedish research.
"Seriousness and pleasure should thrive together."
Business should be a pleasure, if it is to be serious business. The future is serious business. I have found one serious house for one future. You can never be too sure though.
September 23, 2008 11:11 AM | Report Offensive Comment
I'm looking for a house and find a sculpture,
"The Swedish design emphasizes light and spaciousness. The rooms are elegant, bright and expansive. Light floods the house throughout the day through custom made Swedish doors and windows located on three sides of all major rooms."
If Henry Paulson and Ben S. Bernanke want to know what happens when central banks and governments bail out financial institutions, they should be ``learning Swedish.'' Bloomberg
Perhaps for my American Dream, I need a nice young Swedish woman and I too can learn Swedish. For now I'm just trying to figure out how I can get the million six up before the house gets sold and my dream is over and done with.
September 23, 2008 11:02 AM | Report Offensive Comment
"The Life of Meaning: "Reflections on Faith, Doubt, and Repairing the World", by Bob Abernathy.
Are Global Humans catching up with the USA's Bountiful Lifestyle since the 1940s.
The USA took over from Europe. China and India are taking over from the USA. How will the USA adjust in this Race for More 'Things'/Blessings from God? Nuclear War?
Gods Daily Promise, 9/23/08. This week's promise: God has conquered all our enemies How well are you running the race?
1 Corinthians 9:24 NLT "Remember that in a race everyone runs, but only one person gets the prize. You also must run in such a way that you will win. All athletes practice self-control. They do it to win a prize that will fade away, but we do it for an eternal prize. So I run straight to the goal with purpose in every step. I am not like a boxer who misses his punches. I discipline my body like an athlete, training it to do what I should. Otherwise, I fear that after preaching to others I myself might be disqualified. "
Paul was teaching about Earthly Gains. He had a problem with the Celibacy of the males, Jesus and his Disciples taught was necessary for males.
Who are all the enemies God has conquered? The 'Flesh' and 'Things'? God's Perfect Humans, took over God's Reproduction of Humans, that ended with Division, Disease, Killing and Death.
The Race of Life is not for Humans to Store up God's Blessing in Individual Barns, but to Overcome the Killing Competition Society, a result Killer Heterosexual Misbred Body Birth Humans.
Planetary Pollution and Nuclear Bombs, should not be the Goal of the Human Race for Eternal Physical Life After Birth, on Planets and in Spaceships.
Male Celibacy would Slow Down, the Destruction of our Overpopulate Home Planet.
Humans should be the Equal Reproduced Male and Female Caretaker Species of Life on a Planet, not the Unequally Reproduced Killer Species.
September 23, 2008 10:52 AM | Report Offensive Comment
I found an old royal crack house up in Dayton.
http://thisoldcrackhouse.blogspot.com/2008/09/getting-screwed-royally.html
Now we're all supposed to pay Wall Street for screwing themselves forever and ever. The result is we all get to live in crack houses as the world of Washington turns on a bailout hose that is as dumb as the day is long.
September 23, 2008 10:33 AM | Report Offensive Comment
Back to the American Dream of mine.
Here's where I want to dream.
http://www.huckleberrypoint.com/images/image12.jpg
You can do what you want to do. It's a free country. Are there any interested ladies out there who want to share the dream with me? I'd love to know. I thought I knew and now I'm not as sure as I was. There's always the Maine shore, I'm sure about that.
September 23, 2008 10:18 AM | Report Offensive Comment
Some interest is greater than other. You borrow sugar and never repay it. You borrow money and they want more money. How much is enough? Just a little more. Less sucks, so some get more or less screwed on the bad deals. Life can be expensive and quality like love pays for itself. There's a lot of junk that needs liquidated and it will be liquidated. Some banks will be liquidated because they don't have assets, just growing debt and closing doors. One door closes and another opens. I need a million six too http://www.huckleberrypoint.com/plans.html
Plans do change and tables keep turning. I need a new table for good times. We all need something or something else. The American Dream lives on and on. Keep busy!
September 23, 2008 8:47 AM | Report Offensive Comment
usury not only ruined people,s economy but people,s brains as well ,look how many people are dependent on $credit$ despite the fact that $jesus land$ not only so large but so large full of milk and honey full of cows and buffalos full of mules and horses full of modern technology full of$ freedom$ ,despite all this nice luxury nice $liberty$ people who call themselfs $civilized $they go and invade peoples land kill and steal their wealth in sharp blow to humanity ,what is funny, they call themselfs human$interferers ?
the old time religion says,
usury is parallel to insanity ,when the society is soaking with usury is also soaking with madness and manic delusionism.
fonication and adltury is parrllel to mortality ,when the society is full of fonication is also full of diseases and death.
mass killing and mass confusness is the end product .
September 23, 2008 5:59 AM | Report Offensive Comment
There are bank failures and moral failures.
The Fed announced that it had approved the request of the two investment banks. The change in status will allow them to create commercial banks that will be able to take deposits, bolstering the resources of both institutions.
Who in hell would put their money in one of these banks? That's a good question. Maybe they are going to be used to hold all the bailout money and rescue money. If they transfer billions from the Treasury into these reinvented banks they become the "good banks". The other side is the Fed becomes the "bad bank", stuck with all the bad debt from what was termed "investment bank". I think what it all comes down to is we will be seeing more "closed banks" in the near future. What banks will close? I wish I knew.
September 23, 2008 5:56 AM | Report Offensive Comment
THIS INSANITY MUST STOP ( Our National Security is AT STAKE)
It is high time this INSANITY SHOULD STOP. The reason why the U.S economy is so vulnerable to Wall Street speculation is because of SHORT SELLING. The economists DO NOT REALIZE that these people (short sellers) are like PRINTING MONEY UNHINDERED. Earning money at the expense of others (short selling) is NOT EARNING BUT STEALING. It's the same reason why we can't print money freely because it is tantamount to stealing.
UNLESS the regulators BAN THIS SHORT SELLING IN THE STOCK MARKET, Americans will continue to SUFFER ECONOMICALLY as what is happening now. The ENEMIES of America does not need an airplane to crash to our buildings. They only need to PLAY UP THE OIL PRICE IN THE STOCK MARKET and then start BETTING ON THE OTHER STOCKS TO FAIL thru SHORT SELLING. Not only can they ruin the economy of America, but they can also make themselves rich by doing so.
NOW WHERE ARE THE BRAINS OF OUR LEADERS AND ANALYSTS ?
BAN SHORT-SELLING AND IMPLEMENT THAT OIL PRICE STABILIZATION MECHANISM NOW and all will be well again.
That 700 billion dollar bail-out should be used to relieve American homeowners by lowering their mortgage interest rates and those who already lost their homes should be asked to return with their payments restructured.
September 22, 2008 11:36 PM | Report Offensive Comment
WE NEED THAT OIL PRICE STABILIZATION MECHANISM LAW NOW.
We have seen how the price of oil jumped 16 points in just one day for no valid reason. It's very clear that the government (both Congress and the executive branch) has NOT DONE anything to rein-in speculators. It is therefore NOT farfetched that oil would rise up again to an all time high as before.
I hope they would now legislate a bill that would rein-in the STUPIDITY of these speculators. Oil has been the lifeblood of world economy and people should not be allowed to play on this commodity. It's very clear that the speculators are not using their minds. They do not understand that they are slowly hanging themselves as the price of oil shoots up to where the economy cannot perform anymore. Their money would be deemed useless if there would be a work stoppage worldwide.
I hope Congress would make a law that would put a price cap on oil everytime speculators are playing with it. If the price of oil today (Monday) is 120 dollars per barrel, the price cap tomorrow (Tuesday) should be 120 dollars per barrel. Since it cannot go up that price, there would be massive panic selling which would pull down it's price. If the price of oil closes at 110 dollars tomorrow (Tuesday), the price cap should be set at 110 dollars per barrel on Wednesday. There is no way to go for the price of oil but DOWN if this mechanism would be put into place. Once the oil price reaches a SANE LEVEL of maybe about 90 dollars, regulators can then SWITCH-OFF that mechanism so it can settle to it's true value. There must be a body that can switch that mechanism on or off as the need requires.
We NEED THAT MECHANISM NOW AND CONGRESS SHOULD ACT NOW BEFORE THESE IDIOTIC SPECULATORS WOULD HAMMER THE ECONOMY AGAIN.
September 22, 2008 11:35 PM | Report Offensive Comment
PERMANENTLY BANNING INSANITY (a guideline to who should become president)
From the time humanity started, there never was a practice that a person can sell what he DOESN'T OWN. It is only logical that NOBODY can sell a house or any property which he doesn't own. And yet, this kind of practice is LEGALLY done in the stock market thru SHORT SELLING. That is the term they use for the "PUT OPTION" in stock trading. YES, it is legal to sell stocks which you don't own in the stock market thru short selling. What happens is the one engaging in short selling gets a profit from the loss of another. The lower the stocks plunge the richer they become. What is worse is if they make creative ways to pull it down. That is how insane the stock market has become. GREED and INSANITY has become their god.
Finally, upon seeing that there's a possiblity that all banks around the world could collapse because of this practice, they've made a decision to TEMPORARILY BAN SHORT SELLING. It was not a galant act on their part but only a REACTION TO SURVIVE. They are only TEMPORARILY STOPPING THEIR GREED TO SURVIVE.
It was NOT the planned government BAILOUT which saved the market although it could help ease the money crunch. I hope the bailout would bring down mortgage interest rates so homeowners would also benefit. With the government now owning Fannie and Freddie and the planned absorption of foreclosed properties thru a massive 700 billion dollar bailout, the government has NOW the POWER to REDUCE them.
The point is, let SANITY PREVAIL. The government should now focus on that ONE GOAL to bring DOWN mortgage interest rates and MOST IMPORTANTLY make SHORT SELLING BE BANNED PERMANENTLY.
The PRESURE TO BRING IT BACK coming from the SHARKS would be great. I think Bush would buckle to the pressure. What we need is a next president who can STAND FOR WHAT IS RIGHT. The presidential candidate who can promise to abolish SHORT SELLING ( profiting from the LOSS of others) should be the NEXT President.
September 22, 2008 11:34 PM | Report Offensive Comment
Paddy whacked
"RTE calls those who buy stock "investors". They brand short sellers as "speculators" who "bet".
Buyers are speculators too. One man's cheap stock is another man's horror story. And everyone likes a quick buck." Shane Ross
New York Times - Sep 22 5:24 AM
"More financial regulators across the globe are following the lead of the United States and Britain to curb the short sales of financial stocks in a move aimed at returning stability to financial markets, The International Herald Tribune reported."
There are lots of horror stories out there and not many quick bucks. Everybody is speculating, we're all doing it, so according to the rules everybody selling short is more guilty than everybody else. When everybody is guilty, nobody is guilty. Now the bailout or rescue or whatever it's called is going to reward those who got caught with their shorts down and lost all this money being stupid. If you are buying now you are a good investor and if you are selling you are a speculator. It's like trying to regulate buying and selling to control everything and instead of a market you end up with what we have now, a house of cards. There are plenty of cheap stocks and more cheap stocks on the way as people keep dumping them. It's getting to be a bigger dump than first thought. At least there will be bargains to be had and some stocks could go back up in value. It just won't be quickly. Regulations are fine producers, they just are not always moral.
September 22, 2008 10:34 PM | Report Offensive Comment
London Calling. Here's a shot of euphoria for you.
Gem Diamonds, a London-listed mining firm, said on Sunday it had recovered a 478 carat diamond from its mine in Lesotho
And I thought Maine was a financial challenge. Imagine the cost of that rock.
September 22, 2008 10:07 PM | Report Offensive Comment
Derivatives appear to be popular Down Under. Let's talk high finance and get smashed.
Registrations are being accepted for the upcoming SDIA Young Member Drinks functions:
- Brisbane 4 September
- Melbourne 13 November
- Sydney 20 November
These social gatherings are held regularly throughout the year and provide a great opportunity for young people in our industry to develop their professional networks and are always well attended.
Drinks and canapes provided free of charge – so please encourage your younger staff members come along and to RSVP online via the SDIA Events Calendar.
September 22, 2008 9:48 PM | Report Offensive Comment
"We had a lot of euphoria at the end of last week, which wasn't misplaced, but perhaps premature," said Art Hogan
I have a lot of euphoria for my Maine plan, so for me the euphoria from last week continues into this week. Then there's the $1.6 million question which seems mature enough. A mortgage is out of the question, so this could take a bit of time and creativity to work out. I guess life comes down to popping bubbles and popping questions, at least in this economy at this point in time. Another question?
I can't go to my investment banker, because now there are no investment bankers so says the news. Who would of thought? What is this? There are investment bankers http://www.jpmorgan.com/pages/jpmorgan/investbk J.P. Morgan is a proven pioneer in the derivatives industry. I need $1.6 million, so maybe I can use derivatives once I figure out how they work. With enough euphoria and dirivatives something has to work. That or break in a spectacular fashion. They are recognized as a thought leader in derivatives and are unrivaled in the number of deal and industry awards we have collected over the years. What's a thought leader?
September 22, 2008 9:37 PM | Report Offensive Comment
WE NEED THAT OIL PRICE STABILIZATION MECHANISM LAW NOW.
We have seen how the price of oil jumped 16 points in just one day for no valid reason. It's very clear that the government (both Congress and the executive branch) has NOT DONE anything to rein-in speculators. It is therefore NOT farfetched that oil would rise up again to an all time high as before.
I hope they would now legislate a bill that would rein-in the STUPIDITY of these speculators. Oil has been the lifeblood of world economy and people should not be allowed to play on this commodity. It's very clear that the speculators are not using their minds. They do not understand that they are slowly hanging themselves as the price of oil shoots up to where the economy cannot perform anymore. Their money would be deemed useless if there would be a work stoppage worldwide.
I hope Congress would make a law that would put a price cap on oil everytime speculators are playing with it. If the price of oil today (Monday) is 120 dollars per barrel, the price cap tomorrow (Tuesday) should be 120 dollars per barrel. Since it cannot go up that price, there would be massive panic selling which would pull down it's price. If the price of oil closes at 110 dollars tomorrow (Tuesday), the price cap should be set at 110 dollars per barrel on Wednesday. There is no way to go for the price of oil but DOWN if this mechanism would be put into place. Once the oil price reaches a SANE LEVEL of maybe about 90 dollars, regulators can then SWITCH-OFF that mechanism so it can settle to it's true value. There must be a body that can switch that mechanism on or off as the need requires.
We NEED THAT MECHANISM NOW AND CONGRESS SHOULD ACT NOW BEFORE THESE IDIOTIC SPECULATORS WOULD HAMMER THE ECONOMY AGAIN.
September 22, 2008 9:21 PM | Report Offensive Comment
"Ship to Shore to Space"
Out on the lonesome sea
Protecting us from what should not be
High above in the sea of space
Watching down on ship and shore
Protecting us ever the more
I found my love and found my island
A place for us to go and be
Just what we were made for
With the eagles living free
My lonesome dream I gave to you
Just so you would know
What you meant to me
Everything always and forever
An American Dream came true again
A price was paid we never forgot
How we got this great chance
We will not fully know
Some things are not to be
The best is ahead that we know
The long journey ahead
The end we never know
The one of my dreams she knows
How I love her so deeply
With freedom eveything goes
Without you I would be only half alive
The best things are just and meant to be
Never give up on our love
If it is worth a thing
It is worth fighting for
Love is worth living for
The country is worth dying for
You are priceless my love
An American beauty
Written for: All you American lovers out there on the water and up there in the air.
Written By: A guy sitting here on a piece of free soil making some major moves tonight.
September 22, 2008 8:34 PM | Report Offensive Comment
“Our Good Journey"
I reached out for you
You were not there
Because of You Love
I reached higher
My hopes became dreams of your touch
You would always be there with me
Inside and I was out of my mind
With no control
Everything seemed out of control
We are free
Love leaves no doubts
Written for: One who is loved like no other and who should have no doubt how special
“Love Conquers”
My heart was afraid to love you my dear
Forgive me for running from what I knew that was sincere
Many doubts came and whispered in my ear
My will prevailed conquering them and said no not to fear
My heart never rests from wanting and loving you
For this one thing I know my love for you is true
My body desires and waits for your touch
I awaken at night and long for you so much
Can you let go and truly forgive what was done
Not to forgive will cause our future to be undone
Quench my thirst my darling for the feel of your skin
Let us be close together as one to feel you within
I have waited for you above all others
For loving you forever is all that matters
Written by: The one who has been deeply hurt and still cries from that pain. For I am not ashamed to say that you hurt me deeply, so deeply that food, drink, or life do not matter anymore. Your revenge against me spoke volumes and was not warranted. When a heart loves sincerely punishment comes from internal torment, by feeling the pain of the one you love, when you hurt, I hurt, when you are sad, I am sad, because in the heart love binds us as one. I should not have borne that guilt because there was no malice in what I did, it was a mistake, people make them. My love for you will not allow me to hurt you, even now taking measures would be justified but I cannot hurt you intentionally. Rest and be well and know that that there is someone that loves you with an unconditional love, so much so that they would rather hurt then to see you hurt. Forever, I will love you.
September 22, 2008 6:51 PM | Report Offensive Comment
Post A Comment,
You asked on 8/12/08
Q: Does God enter the lives of the Working Class?
The Bible answers your question.
Jehovah views the poor with compassion. We read in the Bible: “[God] is sure not to forget the outcry of the afflicted ones.” (Psalm 9:12) Jehovah is a God who cares about the poor.
Regarding Jehovah, the Bible says: “To you the unfortunate one, the fatherless boy, commits himself. You yourself have become his helper.” (Psalm 10:14) Notice how this Bible verse refers to afflicted people as individuals. God looks at each one and considers his or her needs. To him each person is precious and worthy of attention. Jehovah invites people from all economic levels to learn from him and enjoy his friendship.
The Lord Jesus Christ once told his followers: “All you are brothers.” (Matthew 23:8) Thus, all who take up true worship become part of a brotherhood that does not discriminate on the basis of wealth. They care for one another and build one another up in times of trouble. The Bible contains principles that can mitigate the effects of poverty. The Scriptures show that God condemns polluting the body—as by the use of tobacco—and abusing alcohol. (Proverbs 20:1; 2 Corinthians 7:1) The person living by those principles saves money that would otherwise be wasted on harmful habits. He avoids illness caused by smoking and drunkenness and the subsequent expense of medical treatment. The Bible also teaches people to reject materialistic thinking and greed. (Mark 4:19; Ephesians 5:3) By respecting God’s Word in these matters, a person also avoids wasting his money on gambling.
The Bible provides principles for daily living that are practical, even amid severe poverty. Of course, we live amid an economic system in which selfishness rules and profits are all-important. Some who deeply respect Bible principles may still have to struggle to acquire the food, clothing, and shelter they need. But such ones have a clean conscience before their Creator and look forward with confidence to better times ahead, thanks to Jehovah, “the God who gives hope.”—Romans 15:13.
God’s Word does not tell people where they are to live and work. Bible principles, however, can help a person determine whether moving to another country for economic reasons is advisable. Note the following questions and the Scriptural principles that apply.
1. Am I being led on by unfounded rumors? Proverbs 14:15 states: “Anyone inexperienced puts faith in every word, but the shrewd one considers his steps.”
2. Do I have a balanced view of my family’s needs? Am I confusing needs with unrealistic desires? Family heads are obligated to provide materially for their wife and children. (1 Timothy 5:8) But fathers are also responsible to God for educating their children morally and spiritually. (Deuteronomy 6:6, 7; Ephesians 6:4) A father may be able to provide more in a material sense if he moves away. But he cannot provide the moral and spiritual training his children need if he does not see them for weeks, months, or years at a time.
3. Do I realize that a prolonged absence from my wife exposes the two of us to adultery? God’s Word warns married couples to consider the sexual needs of each other.—1 Corinthians 7:5.
4. Do I understand that entering a country illegally can bring serious consequences from the ruling authorities? True Christians are obliged to obey the laws of the land.—Romans 13:1-7.
The Bible reveals the strong feelings Jehovah has against those who promote the unfair oppression of the poor. God’s inspired Word says: “Woe to those who are enacting harmful regulations and those who, constantly writing, have written out sheer trouble, in order to push away the lowly ones from a legal case and to wrest away justice from the afflicted ones . . . , for the widows to become their spoil, and that they may plunder even the fatherless boys!” (Isaiah 10:1, 2) Whether they willingly neglect the poor or they do so in ignorance, those who control the economic workings of human society today are part of an oppressive system that Almighty God is going to replace.
The prophet Isaiah asks such oppressors a serious question: “What will you men do at the day of being given attention and at the ruin, when it comes from far away?” (Isaiah 10:3) Jehovah will put them out of business by destroying the unjust system that they perpetuate.
But God’s purpose includes more than taking action against oppressors. He will give righthearted humans a way of life free of injustice. By means of a superior form of government, he will allow all humans to lead satisfying, joyful lives free of poverty. To prosper at that time, you will not need a large inheritance of money, good connections, or business acumen.
Jesus Christ, the one Jehovah has appointed to rule mankind, referred to that wonderful future as the “re-creation.” (Matthew 19:28) This word carries the idea of a renewal, a new start of human life. By using the term “re-creation,” Jesus emphasized that Jehovah will give righteous humans an opportunity to live life as our loving Creator wills. Among the many benefits he will bring to mankind at that time is the permanent removal of the economic load that weighs so many down.
The Bible prophetically states regarding the rule of Jesus Christ: “He will deliver the poor one crying for help, also the afflicted one and whoever has no helper. He will feel sorry for the lowly one and the poor one, and the souls of the poor ones he will save. From oppression and from violence he will redeem their soul, and their blood will be precious in his eyes.”—Psalm 72:12-14.
This beautiful future is open to everyone. But to meet God’s requirements for life in that new world, it is vital to first learn and then do the will of the true God. God’s Word promises: “Not always will the poor one be forgotten, nor will the hope of the meek ones ever perish.”—Psalm 9:18.
September 22, 2008 5:10 PM | Report Offensive Comment
Life, words, dreams, love and blessings. Just simple and good things for a life I love and can't really explain why. I guess that is morality. It's all in your heart and who's in your heart.
"Voyeur, scientist,
figuring words
to tell about the nudgings,
pawings,
writhings
– you’re not invited to the secret rite.
Just watch."
September 22, 2008 5:06 PM | Report Offensive Comment
It mirrors the eagle, so see the eagle live.
Keep an eye out for vultures. I don't think there is a vulture cam. Check the Wall Street Journal.
September 22, 2008 4:47 PM | Report Offensive Comment
-372.75 says it all. On the flip side of the coin, heads here say Maine is looking better than ever. Since the bailout money isn't working market magic, I think I need to find a new baroness and get along to Maine to keep going along. Don't make any trouble you can't get out of and be nice to the people you meet on the way up. They are the same people that you will meet on your way down. Gold is up, so I made a little gain today. There's always the future to think about and the main thing here is the Maine thing. I don't know about there.
Enjoy off-season http://www.deerislemaine.com/offseasonactivities.html and keep running On Faith.
September 22, 2008 4:38 PM | Report Offensive Comment
Moral issues?
The best dreams are the dreams that live on afer we are gone. They live in the hearts of the next generation of Americans. Dream and love eternally. Where would we be without the American Dream and our grandmothers?
http://www.yankeemagazine.com/photos/resized468/1362.jpg
Live free or die.
September 22, 2008 4:15 PM | Report Offensive Comment
"The land that I am selling is very dear to me, and I know that it will be dear for the future owner as well. When I first walked the seven acres, I knew it was the property I wanted to purchase to construct my home. The landscape and tidal sea recalled similar landscapes where I had lived in both Sweden and Montana. It is a place to become grounded. It is very quiet, private and peace bringing. One can boat here and swim as the cove warms the water. There are rocks and an island in the cove one can swim to, lovely little bays where one can skirt the shore."
http://www.huckleberrypoint.com/land.html
It can only get all better.
For a dream to be a special dream come true it must be peace bringing. The future is very dear.
September 22, 2008 3:30 PM | Report Offensive Comment
The ad is killing my dream now.
Heating/Hot Water System: German Budherus Furnace (oil). There is a main thermostat and each room has its own temperature controls
Back to Vermont!
Wood Burning Stoves: Two Vermont Castings Wood Stoves
I guess I'll need a chainsaw. Back to oil.
Nothing can ruin this
Versatile, loft-like spaces: Two of the bedrooms and the Great Room on Floor 2 lend themselves as versatile spaces. They have served as studios and bedrooms for the present owner. For new owners, those spaces can serve as master bedrooms, family rooms, libraries, studios for writing, painting, sculpture, dance, architecture, music etc.
Make Plans http://www.huckleberrypoint.com/images/plans.gif
Bail! Hey and send money. I have a lawyer and gun.
September 22, 2008 3:17 PM | Report Offensive Comment
I need bailout cash myself for the dream in my mind here http://www.huckleberrypoint.com/housedescription.html
Price: $1,600,000
Type: Single Family
Annual Real Estate Tax: $4549 (2007)
Lot Size: 7.1 acres
Don't bailout on your dreams. Sometimes that's all you have and sometimes that's all you need in America. The millon six is a different matter. It's not like the six million dollar man, don't you know? As grandmother always said, "things just keep getting more dear." How true. The mirror doesn't lie and neither did grandmother.
September 22, 2008 3:08 PM | Report Offensive Comment
Just like that, the whole plan changed. I'm planning on Vermont and then what happens? I'm looking for a house and I find a sculpture.
Deer Isle, Maine: House For Sale
Osprey Point home is artist's largest sculpture
http://www.yankeemagazine.com/issues/2008-09/home/house-for-sale/1
Now all I need is the money and time to work out the details before it gets sold or I get too old. Are you ever too old? I'm not sure what it costs, but you know things could be getting more dear at Deer Isle. Only time will tell just how dear.
"You know, it's fun to dream." I know. It's much more fun when the dreams all come true. That's the American Dream, Alive And Well.
Off Faith to explore changing colors at: http://www.yankeefoliage.com/blog/
Hope to see you and if not, keep it dear.
September 22, 2008 2:37 PM | Report Offensive Comment
I'm headed for Vermont, maybe for good.
http://www.yankeefoliage.com/blog/covered_bridges1
Who wants to go to Vermont with me? While things burn out of control, you might as well have a good time. That's the USA.
September 22, 2008 1:42 PM | Report Offensive Comment
The men were hunting witches and ended up killing women. I just got the book over the weekend. Try hunting for profit and killing losses guys and gals. That's about all you can do, so it's the same old thing as it's ever been. People are screaming for change.
Watch how fast things really change http://www.yankeefoliage.com/webcam/index.php
I'm as likely to get bailed out as I am to have somebody show up to rake my leaves.
September 22, 2008 1:35 PM | Report Offensive Comment
Chinese news, "The world urgently needs to create a diversified currency and financial system and fair and just financial order that is not dependent on the United States."
We can still make wonderful babies and safe baby food in the U.S., so we must be doing something right and as sure as can be we'll keep doing it. Everything is this big rush and urgent today. The dollar might not be quick, it's real paper though. Good paper takes good time and babies take their time growing up. Can we stop racing to the bottom now?
September 22, 2008 1:12 PM | Report Offensive Comment
Loss of faith -206.44
It could be a sign of loss of faith in the bailout plan. Maybe people figure that if they lose enough money, they will be rewarded like the other people who lost lots of money. The real tycoons will be safe. The titans are finished, so it stands to reason there will be aftershocks. It's looking like a down day. There's always Tuesday to think about and the whole week could be down. I'm staying positive and I'm staying up here. I've been up for so long, I forget what down is. The numbers just keep turning, just like the tables do as any waitress can tell you. You have to eat up or down one way or the other.
September 22, 2008 11:48 AM | Report Offensive Comment
What has Faith have to do with the Economy? Does Faith lead Humans to Share Equally of GODs Resources on Earth like all the other LIFE Species?
Did the Salem Witch Hunts teach us anything? Which Flesh Lust Temptation, caused the Killing of Humans? Sex, Lies, Food, Drink, Drugs?
The Pure-bred Perfect Peace Adam and Eve Clones Temptation, of Heterosexual Sex Lust, reproduced Inbred Cain and Abel by Heterosexual Body Birth, and All Human Peace was lost. Killing and Death began on Earth.
The Original Peace Equal Male and Female Caretaker Helpmeet Species of Humans, became the Unequal Killer Male and Female Mate Species.
This Original Sin resulted in Hate and Killing and War, by Humans born in Sin. No more Perfect Humans were added to the Mix, and many Mixtures of Race and Creed resulted.
Fallen Humans are caught up in Breeding Perfect Animals, but Humans could Care Less about Breeding Perfect Humans. There are a few trying to Clone Perfect Humans, but this is not Man's Work, that is God's Work, after Humans are Dead.
All the Other Reproduced Flesh Lusts, food, drink, and drugs, etc., cause Sickness, and Death to the Person, without Killing others.
The Proof is in the Pudding. The Human Species is Killing All Life on Earth and their Eco System.
They have set Nuclear Bombs on Land and Sea. Fallen Humans have Polluted their Land, Sea, and Atmosphere.
Where is their God of Love and Peace in All this Activity? In Temples Made By Human Hands?
There is No Love of Brothers/Sisters of Life. Our Nuclear Bombs prove this.
Lets get on with our Greed, Pollution, and Killing, Until All Humans Die.
And Go to Heaven, to be with the Lord God and Jesus, or Where Ever Other Humans Go After Death.
God is Up There, Out There. Somewhere. Who Cares about Here? Any Religion? Any God?
September 22, 2008 11:40 AM | Report Offensive Comment
-130.86 just before the 11th hour, but climbing. Could keep climbing higher. It could get above and beyond before the day ends. Business can be a real battle, so everybody can win on the way up if they aren't on the way down. It's looking up here. Wish You were here instead of there. You have work to do though and other things to think about. Keep busy and I'll do the same. Go U.S. Navy. It's getting sporty out there on the seas. Space is like love unlimited and safe.
September 22, 2008 11:10 AM | Report Offensive Comment
"MOSCOW (AP) -- A Russian navy squadron set off for Venezuela Monday, an official said, in a deployment of Russian military power to the Western Hemisphere unprecedented since the Cold War."
They were bringing bombers last week and now the Russian navy. We have White Cloud - U.S. Navy Ocean SIGINT Surveillance satellite, intercepts ship to shore, ship to ship and shore to ship tactical and/or strategic, so the socialist Black Cloud can't compete. There's always competition to solve problems. We have black ink and White Cloud. The socialists have red ink and black cloud. I just invested in a newspaper and it looks like rain today. I wonder how the market looks. I'm sure it's looking for better or worse. Better is better. Another cloudy day.
September 22, 2008 10:57 AM | Report Offensive Comment
DJIA -101.55
It's looking down right now. Love 101, it always goes up sooner or later. Today could just be one of those down dow days. Somebody knows something and it could get up later today. I'm doing what I can do to stay up here. It can be rough and tumble. I'm going out for my paper, so keep thinking up and I'll go see what they are writing up. Don't get down or too down if you aren't up. Things can always get better and so they do.
September 22, 2008 10:16 AM | Report Offensive Comment
A little rebellion from time to time is a natural and good thing, like storms in nature it knocks down things and does damage. Capitalism does damage too. It also gives you the chance to repair the damage. What can we do for ourselves is the same as what we can do for each other. The cost of doing it is the cost of doing business. As the stock market proves, some costs are greater than others. People living and competition beats people dying and no competition. If we fail, we try again until the end and then the next generation comes of age and they take their best shot at it. It keeps getting better and with the right combination of things easier. Failure always makes things more difficult and always will. Failure is not an option or at least a good option. You can shoot for your own goals, by your own rules if you believe the game itself is good. The alternative is a bad game, with worse rules and no goals to shoot at. It's like playing baseball and everybody hits a homer every time at bat and just runs around the bases while people sit in the stands and watch with no interest. There can just be one brand of beer too and no Cracker Jacks. The economy is always into extra winnings, so somebody has to lose. You can't win them all. With socialism you can't win at all. Some things cost more than others and quality pays for itself. Quality is moral. We have a lot of junk and more on the way. It never ends.
September 22, 2008 10:06 AM | Report Offensive Comment
ANONYMOUS wrote:"Market forces are not evil. What is evil is those who try to destroy competition. Market forces reward and punish. Rewards are good. What next, evil is the same as good?
So, how are market forces working for you? For the world? We have competition in religion...so many wars fought over whose God is better, bigger. How is your child going to live...thanks to competition she/he will need to slave away for 40 years and maybe, maybe then, retire and live. Market forces are like a dragon which keeps on eating whether hungry or not. Market forces are evil because they destroy your soul..even while persuading you that you are god!
Where there is competition, there is little trust and gross manipulation. Without the coming of the Teacher, we will have a long and dark future in which the pathologies of the market destroy us. Only someone whose stature is that the the Buddha, the Christ, the Mahde, Sri Krishna, the Messiah..can speak to the hearts of all men and women at once so that trust may be born and so that we may realize that we are all ONE. Watch and wait. http://www.share-international.org
September 22, 2008 10:00 AM | Report Offensive Comment
Dear Sires,
All this is revolting. The people who had had financial responsability will be forced into rescue millionaires and "smart investors" that made any deal to get "money". These people now are going to be rescued all the financially responsable people in this Country. So, this is a very convenient Capitalism where you (The Corporations, CEOs, dishonest people) keep the profits and socialize the financial loss.
I think the government should let these corporations to go bankrupt. They did wrong they have to face the consequences. Yes, there will be a crisis, but a crisis that for a change will also be felt by the billionaires and not only by the little guy. This remap the the financial system and make those who had in the recent years had a good management and responsability grow, and let the dishonest psychopaths go out of business. Just do not make me give money to these people!
September 22, 2008 8:32 AM | Report Offensive Comment
Matt 21:12-13 as per almost every historic Jesus exegete, Jesus really did say, "Jesus entered the temple area and drove out all who were buying and selling there. He overturned the tables of the money changers and the benches of those selling doves. "It is written," he said to them, " 'My house will be called a house of prayer, but you are making it a 'den of robbers.'
For this impulsive act, the Roman soldiers took Jesus and hung him on a cross. As per many historic Jesus exegetes, there was no trial.
John's version- "When it was almost time for the Jewish Passover, Jesus went up to Jerusalem. In the Temple courts he found men selling cattle, sheep and doves and others sitting at tables exchanging money. So he made a whip out of cords and drove all from the Temple, both sheep and cattle; he scattered the coins of the money changers and overturned their tables. To those who sold doves he said: 'Get out of here.' (John 2:13-16)
This appears to be more about the sellers of animals than about money changers. We should at least give equal condemnation to first century peasant farmers.
And Jesus was a simple preacher man. How, pray tell, did he know anythig about money exchange rates?????
Bottom line: Jesus' wrath that got him killed was more about animals smelling up the temple and being sold there.
September 22, 2008 8:29 AM | Report Offensive Comment
As long as the people of the United States are in debt to the Federal Reserve System they will never be free. The Fed will always control us economically. This system is controlled by a small group of private bankers and the richest families in the world. It prints our money and then lends it to us for interest, automatically putting us in debt. It must be abolished.
I believe that banking institutions are more dangerous than standing armies. If the American people ever allow private banks to control the issue of currency… the banks and the corporations that grow up around them will deprive the people of their property until their children wake up homeless on the continent their fathers conquered. Thomas Jefferson
If you want to remain slaves of the bankers and pay for your own slavery let them continue to create money and control the nations credit.
Sir Josiah Stamp
Our great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated, the growth of the nation, therefore, and all our activities are in the hands of a few men. Who necessarily, by reason of their own limitations, chill and check and destroy genuine economic freedom.
We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world – no government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of small groups of dominate men.
Woodrow Wilson
September 22, 2008 8:18 AM | Report Offensive Comment
As long as the people of the United States are in debt to the Federal Reserve System they will never be free. The Fed will always control us economically. This system is controlled by a small group of private bankers and the richest families in the world. It prints our money and then lends it to us for interest, automatically putting us in debt. It must be abolished.
I believe that banking institutions are more dangerous than standing armies. If the American people ever allow private banks to control the issue of currency… the banks and the corporations that grow up around them will deprive the people of their property until their children wake up homeless on the continent their fathers conquered. Thomas Jefferson
If you want to remain slaves of the bankers and pay for your own slavery let them continue to create money and control the nations credit.
Sir Josiah Stamp
Our great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated, the growth of the nation, therefore, and all our activities are in the hands of a few men. Who necessarily, by reason of their own limitations, chill and check and destroy genuine economic freedom.
We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world – no government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of small groups of dominate men.
Woodrow Wilson
September 22, 2008 8:14 AM | Report Offensive Comment
is this the on faith article to those who worship money...My Lord Jesus the Christ, The Son of the Living God kicked you people out of the temple once...he will do so again...
September 22, 2008 7:36 AM | Report Offensive Comment
Yonkers, New York
22 September 2008
Let me remind one and all that what drives the U.S. free market capitalistic society are greed and profits, if not avarice.
The strongest and the fittest survive and prosper.
The weak and the inefficient wither on the vine and die a natural capitalistic death.
Given this perspective, American economic society is primarily amoral.
Christians and other religionists may disagree, but American economic society is absolutely secular and thus naturally has nothing to do with morality which is a theological or religious concern.
Mariano Patalinjug
MarPatalinjug@aol.com
September 22, 2008 6:01 AM | Report Offensive Comment
girl elephant steven boat look man key girl
September 22, 2008 2:09 AM | Report Offensive Comment
We can all share and throw open all the prison gates next and let the rapists, murders and thugs loose so we can share with them while we are at it. People are out of their minds!
September 22, 2008 12:21 AM | Report Offensive Comment
Terra, Terra, Terra,
"Burning" what, where, how?? I have no idea what you are texting about.
A Good Fall Equinox to you and your gal witches!!! We are sure your spells will conquer any of the economic woes currently afoot.
September 22, 2008 12:05 AM | Report Offensive Comment
Market forces are not evil. I know, it's the end of the world as we know it and I feel fine. Not including my bad back. What is evil is those who try to destroy competition. That's who gets punished. Market forces reward and punish. Rewards are good. What next, evil is the same as good?
September 22, 2008 12:05 AM | Report Offensive Comment
some quotes about this crisis from Share International magazine:
The major problem is the fact that we have come to the end of our civilization. We are witnessing the breakup of the civilization of the last 2,000-odd years and the beginnings of the process of creating a new civilization .
At the moment we see a super-division of the world, a separation into major groups -- the developed and the developing world. The developed world usurps and wastes three-quarters of the world's food and 83 per cent of the resources. The Third World, as it is called, has to make do with the rest. As a result, 38 million people are, at this moment, starving to death in a world with a huge surplus of food. We have a 10 per cent per capita surplus of food in the world, so no one need starve.
Market forces are the 'forces of evil' because they have inequality built into their very structure. They help a few to achieve a better standard of living, but at the expense of millions who suffer a lower one. Commercialization is gripping every nation in the world as the market forces concept begins to dominate even in the previously communist bloc. We are finding a situation where the rise in tension is so great it has within it the seeds of a third world war, and that war would destroy all life.
Unless we share the resources rather than compete for them, we cannot create that new situation. We have enough food and resources in the world for the needs of all people, but the major nations -- the US, the European states, Japan and one or two others -- completely dominate the scene and usurp and misuse most of these resources. So there is not enough for others at a price that they can afford to pay. The Third World is strapped for its very existence. That is why there are 38 million people starving there. That is why there are 38 million people starving there.
The reason why millions die is not from drought but because they do not have the finances to replenish that which is lost through drought. If you have an economic system which is not based on competition, greed and self-service, which is what market forces are about, then you can redress this whole situation.
"...any government which follows market forces blindly is leading its nation to destruction. He says this civilization is literally at the end of its tether. It is coming to a halt. What we are witnessing today is not simply a recession or slowdown of production. We are witnessing the death throes of the current civilization because it is based on wrong premises."
"...the stockmarket is a bubble; it will burst inevitably. How it bursts depends on ourselves, but it has to burst and let out all the corruption and inequality... We are wasting the resources of countless millions in the world by condemning them to an enforced poverty and degradation, and the misery of undernourishment and starvation."
"...it will take the collapse of our economic system, as we have known it, to bring us to a sense of reality, to realize that we cannot go on indefinitely in a world where one-third of the population uses three-quarters of the world's food and 83 per cent of the other resources. The crime, drug addiction and social unrest in the developed world are a direct result of this imbalance in the world's resources..."
Many people see the error of our ways... But governments, and people who keep the governments in power -- enormous vested interests in the world in all sectors, the simple greed, the self-protective mechanism of humanity -- all prevent these changes from taking place. Almost everybody would admit these changes would be useful, but maybe impractical to implement.
says when that happens the priorities of all governments will change. He says the number one priority of all governments will become the provision of correct, adequate food for all the people. It is the number one necessity. Second will be the provision of adequate shelter for all the people; third, the provision of adequate health care; and fourth, educational facilities for all the people. These are the basics which do not seem too much to ask for enough food, shelter, health care, and education. Yet there is no country in the world not even the US, the most powerful militarily, and once the richest, country in the world not anywhere do these four requirements pertain as a universal right. He says that when they do, they will transform the world.
Humanity is going through a great spiritual crisis, Maitreya says. It is a crisis of identity, to find out who we really are as spiritual beings. As souls we are one. There is no such thing as a separate soul. On the physical plane we have the illusion that we are separate, but in fact we are one. Therefore, we can make this step forward in our evolutionary advance only when we create right human relationships. That is the next spiritual ideal to be achieved by humanity
The first step is the sharing of the world's resources, because if we do not do this we will destroy ourselves. It is as simple as that. We have free will. Maitreya is not going to interfere and make sure that we do not destroy ourselves. He is going to present us with these alternatives: carry on as we are today in the old, greedy, selfish, competitive ways of the past and destroy ourselves, or else accept that we are one, accept the Principle of Sharing; implement it, create justice in the world, and therefore peace, and begin the construction -- under his inspiration, of a most brilliant and wonderful civilization such as this world has never known.
It is really a problem of redistribution of resources. That redistribution results from a change of consciousness. Humanity is approaching a point where it is undergoing a great shift in consciousness, beginning to recognize itself in relation to each other and to cosmos, to nature, to what we generally call God, in an entirely new way. Maitreya says that everything, every single thing in cosmos, is interconnected. There is no break at any point. What we do to ourselves, we do to nature. What we do to nature, we are doing to ourselves, as God, because we are reflections, points of consciousness of that total consciousness that we call God.
Just making a stronger police force or army will not solve the problem. We have to combat the source of the crime -- inequality, imbalance. The whole process of evolution is moving towards oneness, fusion, synthesis. Market forces, which are based on division, separation and competition, act against the evolutionary process. That is why Maitreya calls them 'the forces of evil' They have their place, but only a very limited place. When they are followed blindly, they lead inevitably to destruction.
"... the farmer in the US producing food should reap the benefit of his labour, but the poor peasant in Zaire or Zambia should also reap the benefit of his hard labour. That does not pertain today. In the developed world, we produce so much that we dominate the world's markets. We lay down the price of our goods and, because of our resources, the price of the goods of the Third World also. We demand from the Third World countries the raw materials and products at a price which leaves them able to live only at a very low level, with 1,000 million people living below the poverty line and 38 million actually starving. Yet we demand for our resources, for our production, the top value that we can demand on the world market so that we can maintain what is a very artificial level of living.
We are also seeing the collapse of economic totalitarianism. The economic system, largely based on market forces, is approaching its death.
FAQs
Q: Since the power in the world remains with the rich and the powerful, is it up to the rest of us to wait until they change their mind?
A. No; we will wait for ever for that to happen. Few rich and powerful people will give up their power or riches unless they have to. The mechanics of the change is a world stock market crash. Maitreya has predicted many, many things which have come true. He has also predicted a world stock market crash which He said would begin in Japan. He made that prediction in 1988, and immediately the stock market of Japan began to collapse. As far as Japan is concerned, everyone knows that the 'bubble', as He called it, has burst. This stock market crash will end the present distorted and unjust economic structures. Speculation is seen by Hierarchy as a disease. At present, over 90 per cent of all stock market transactions are currency speculations. The markets have become what Maitreya calls 'gambling casinos'; they have no part to play in a rational economic structure based on justice.
http://www.share-international.org/archives/sharing/sh_mleconomic.htm
September 21, 2008 11:07 PM | Report Offensive Comment
Anon: "It sounds like a joke."
This is no joke. The timing depends on when we are ready to at least listen. How bad does it have to get? Total stock market meltdown is what most say. He won't tell you what to do, and money will not come up. He is so wise and loving, like an elder brother.
September 21, 2008 9:19 PM | Report Offensive Comment
One guy is going to appear and tell everybody what needs to be done. You are lucky if you can get somebody to do what needs done if you pay them $70,000 a year to do it. Now we are supposed to watch TV all year and wait for somebody great to reveal what we should do. It sounds like a joke. They all have special knowledge that the rest of us don't have. Give me 50K and tell me what to do.
September 21, 2008 9:08 PM | Report Offensive Comment
“So far this is a personal attack, not a business attack. But any other negative news and this guy is toast,” said one banker.
Then came the point when it became a business attack, the negative news followed from there and a lot of people became toast. They can't be untoasted. So much for bailouts. It will work as well as untoasting your toast on Monday morning. Better to butter your toast and enjoy the breakfast than become toast. Buy your own butter and bullets.
September 21, 2008 8:36 PM | Report Offensive Comment
Do I have faith in the economy? No, because it is out of balance. The gap between rich and poor has widened. The middle class is in deep debt. The children are dropping out of school in droves. The institutions which brought us solidarity, vision, hope for a better future are dead.
But, watch your televisions over the next year. I cannot say which show, but soon you will see and hear a man of simple but potent ideas for all of us. He will speak to your heart and inspire hope that you had thought was long since dead. I cannot say his name, but just watch for this extraordinary man. Info at
http://www.share-international.org
September 21, 2008 8:18 PM | Report Offensive Comment
That mission went well Baron. The tycoon has her solace and the titans are safe asleep in their graves. All is well that ends well, so I will wait for instructions on the next mission. I have been developing a new process, because there is always another way to die. More importantly, as you know, there is a better way to live. 007
September 21, 2008 8:10 PM | Report Offensive Comment
My Dear Tycoon,
The titans are bitterly defeated and you the tycoon are happy and safe as it should be.
"Khaos in Hesiod's poem is the air, literally the "gap" between heaven and earth. He uses the word clearly as such in his description of the Titan-War where, through the flaming lightning bolts of Zeus "all the land (gaia) seethed, and Okeanos' streams and the unfruitful sea (pontos) ... flame unspeakable rose to the bright upper air (aither) ... astounding heat seized the gap (khaos)."
http://www.theoi.com/TreeHesiod.html
The victory all depends on your family trees and the rest is up to you and whosoever will.
All my best,
Baron
September 21, 2008 7:52 PM | Report Offensive Comment
With OPM, there is a big difference between love and a crush. Loving is easy and crushing is difficult. It does seem we are making money into something more difficult than it should be. With love, all good things are possible. What we need is more OPL. We're losing enough money now and if that wasn't enough, now we're looking at a bailout to see how much more we can lose. They want 900 billion dollars and nobody on earth can say how much of that will be lost. You can bet it will be a big number. I've lost enough myself.
September 21, 2008 7:31 PM | Report Offensive Comment
You think it's love and then you feel it in your heart, so it has to be real and it's special. It needs no explaining, it's just understood. Then there's the other extreme of not so special spirits.
"The Keres were cravers of blood and feasted upon it after ripping a soul free from the mortally wounded bodies and sending it on their way to Haides. Thousands of Keres haunted the battlefield, fighting amongst themselves like vultures over the dying. The Keres had no absolute power over the life of men, but in their hunger for blood would seek accomplish death beyond the bounds of fate."
http://www.theoi.com/Daimon/Keres.html
Do not feed the vultures. Feed the children instead. All this blood was lost and they want more blood, more killing. The Treasury isn't a blood bank guys. Maybe Wall Street should have a blood donation drive this week. It would help the city and God knows the city needs helped. I try to stay within the bounds of fate. It's easier that way.
September 21, 2008 7:13 PM | Report Offensive Comment
Other peoples money -- Sarah Palin mentioned this and called it "our addiction to OPM."
Here are some reflections on how WE ALL are to blame:
http://redletterbelievers.blogspot.com/2008/09/our-opm-addiction.html
September 21, 2008 6:56 PM | Report Offensive Comment
All in good time. Colbert came into the management of French finances and sent for the principal merchants of the kingdom. He asked what he could do for them. The unanimous reply was, "Pray do nothing!" "Let us do for ourselves." Today is the same deal. The government is different today, so they say the cost of doing nothing is too high, we must spend 700, 800, 900 billion or whatever and in a hurry or the sky shall fall. Wall Street can do for itself what it needs to do. I have other things to do for myself. It being Sunday, Pray do nothing. Monday will take care of what needs done and life will go forward with us or without our money. They always respond, they always say yes if the deal is good. The solution. Make better deals and that gets you into the big money. Do bad deals and pray do nothing. You save everybody money and don't waste our time. The market is always ready to reward good deals and punish the bad deals. Those being punished aren't happy, but they learn a valuable lesson. It could be a record setting day on Wall Street. Invest in the newspaper business, it's still as solid as a rock. It looks like oil is headed down, so it can't be all that bad. Time will tell if they know what they are doing and if they don't, we'll know soon enough. Good luck is common sense and hard work.
September 21, 2008 6:39 PM | Report Offensive Comment
"Our Good Journey"
I reached out for you
You were not there
Because of You Love
I reached higher
My hopes became dreams of your touch
You would always be there with me
Inside and I was out of my mind
With no control
Everything seemed out of control
We are free
Love leaves no doubts
Written for: One who is loved like no other and who should have no doubt how special she is in all the world, for the good future ahead.
September 21, 2008 5:57 PM | Report Offensive Comment
Baron or whoever - if it's done right, this takeover may just restore order to the economy and the markets simultaneously.....and will eventually make back the money + interest that our failed financial wizards skimmed for themselves over the years.
Odd to say, notable and high profile members of said financial elete are re-engineering the new economy as we speak - first come, first served, as the saying goes. No spys will be left out in the cold with this arrangement.
The free markets are dead for a very good reason - they suicided. Too bad the final generation of market killers gets to live on in undeserved luxory with ill-gotten gains before the final bell tolls.
September 21, 2008 5:34 PM | Report Offensive Comment
"And here’s the other thing—timing. The U.S. government is getting companies like Fannie, Freddie, and AIG at the very cheapest valuations. Sure, it’s taking on lots of the liabilities. But it’s paying nothing for the equity. It’s functioning more like a vulture fund, swooping in on distressed companies a step away from bankruptcy and taking control by snaffling up their debt. Moreover, Uncle Sam’s SWF finances itself incredibly cheaply. It sells tens of billions in Treasury bonds at ultracheap interest rates—the 10-year bond only pays investors 3.7 percent. And guess what? The lion’s share of these Treasury bonds is bought by foreign governments and central banks." http://www.thebigmoney.com/articles/sovereign-wealth-funds/2008/09/19/paulsons-sheikh-plan
They're going to buy all this bad debt and then sell Treasury bonds to foreign governments and central banks, so why not just forget about money while we are at it.
They are engineering things that nobody will be able to operate or want to operate.
It's a big Rube Goldberg machine.
The "Self-Operating Napkin" is activated when the soup spoon (A) is raised to mouth, pulling string (B) and thereby jerking ladle (C) which throws cracker (D) past parrot (E). Parrot jumps after cracker and perch (F) tilts, upsetting seeds (G) into pail (H). Extra weight in pail pulls cord (I), which opens and lights automatic cigar lighter (J), setting off skyrocket (K) which causes sickle (L) to cut string (M) and allow pendulum with attached napkin to swing back and forth, thereby wiping chin. After-dinner entertainment can be supplied with the simple substitution of a harmonica for the napkin.
I'm going back to my papers here. Watch for vultures.
September 21, 2008 4:44 PM | Report Offensive Comment
Most religions support helping those in need, but I haven't yet seen a credible doctrine that calls for the poor and middle class bailing out needy millionaires. There is something wrong in asking families to switch from hamburger to beans in order that the greedy can continue eating caviar.
Someone on one of the talk shows Friday suggested that the executives who presided over this fiasco should pay back their obscene profits and bonuses before we ordinary middle class types are expected to bail them out with our tax money. After all why should funds that were intended for roads, schools, and national defense be available to subsidize jet-set lifestyles and multiple mansions.
Instead of people who live in small affordable housing being asked to prop up the choices of those with unaffordable mortgages, set up a housing service to get those families into more modest dwellings that they can afford.
The country is founded on respect for individual choices, but individual risk has to be part of the equation.
September 21, 2008 4:41 PM | Report Offensive Comment
It appears that the Russian car boom is about to go bust. More trouble for GM it seems. If you can't make it in the American market, the Russian market could prove deadly. Three years of losses, one new plant and the Russian market crashing in slow motion. GM is looking for U.S. government loans to keep the losses moving forward. Perhaps new plants in the U.S. would of been a better strategy. It is worse than it looks for GM and it looks toxic.
September 21, 2008 4:13 PM | Report Offensive Comment
Lenin's advice: "The question whether it is possible to undertake at once a revolutionary war, must be answered solely from the point of view of actual conditions and the interest of the socialist revolution which has already begun."
Capital keeps revolving. We don't play Russian roulette with the revolver. That's a socialist game.
September 21, 2008 3:07 PM | Report Offensive Comment
"People feel like they are owed something - entitled and that is the morality part of this story."
People are owed and I think we know the morality part by heart by now. Don't fool yourself. More pain is ahead. Some deeds are more important than others.
September 21, 2008 3:00 PM | Report Offensive Comment
I'm not concerned with bubbles and things that pop, unless it's popcorn and a good film. All these mortgages are going to pop like a bunch of little bubbles. Take a bubble bath and give the kids one too. If you can't pay, you are still going to pay. The only difference is what you are going to pay with, your money or your life. It doesn't matter to me, because one way or another you have to have faith in somebody. It might as well be yourself and your family if you have a family. Never abandon your partner. I have faith in the firefighters. Wall Street is another story? There's a good question Sally and Jon.
September 21, 2008 2:51 PM | Report Offensive Comment
Titans will be titans and tycoons tycoons.
"The Titan brothers Atlas and Prometheus undergo their torments. Atlas, hounded by the Hesperian serpent, holds the rock of heaven upon his shoulders and Prometheus, tied to a post, has his heart pecked out by the eagle."
http://www.theoi.com/Gallery/T20.1.html
I have an eagle on my mirror in the hall. Avoid the torments.
"A business magnate, sometimes referred to as a mogul, tycoon, baron, or industrialist, is a person who has reached a prominent place in a particular industry (or set of industries) and whose wealth has been derived primarily there from."
There's wealth and there's having your heart pecked out. It never changes.
September 21, 2008 2:30 PM | Report Offensive Comment
You can look in the mirror for yourselves. Titans do fall and Post Rome can burn for all I care here. I'm having back & leg troubles and looking at life in a wheelchair or who knows what? I guess the upside is that if I can't walk, I won't fall down and it's one too a wheelchair. You have your own little problem and I have mine. Maybe after you look at yourself in that mirror, you can put a real gun up to your head and squeeze one off. It won't be the first time and won't be the last. It will be the last for you. Life comes down to simple things and if you have the dough you can get what you want. I really don't want a wheelchair, but you need to stay moving ahead to get ahead. People want to make their pain yours. My pain is mine and mine alone. I know nobody cares, because everybody is all caught up in this big money trouble. It will all come to pass and the people will get the justice they so richly deserve. Maybe the newspapers will go broke or some of them will. It's looking bad on Wall Street and Washington is a go go, I'm shattered. If you are up and walking and it doesn't hurt, be thankful for that. You could be taking steps and feeling each one could be your last. It could be worse. 15 feet from where I'm sitting was a wheelchair ramp I built for somebody near and dear. They're all gone and I'm still here, wondering if I'll need a wheelchair and a ramp. Maybe I should build a new ramp while I can still walk and then all I'll need is a wheelchair if by chance I can't walk. Keep looking into the mirror and you'll find your bailout partner there. The government won't be looking back at you. It just looks forward and punishes those who are deserving. If you have a bad mortgage, you only punished yourself. If you expect the government to reward you, you are only fooling yourselves. You made your castle your prison and mine is hospital here with a little hall of mirrors. Just don't come here and look in my mirrors. They aren't collective, although one does have a big eagle on it. Burn in hell for all I care. Maybe that's just the pain talking. In any case, keep your wheels turning and keep doing what you need to do to survive. I'll do the same. Capitalism will teach you a lesson and you can't help but to learn. It could be painful. It could hurt me more than it's going to hurt you. People like me just want one thing. Paid. The rest is all Rome and falling down. Rest in peace.
September 21, 2008 2:17 PM | Report Offensive Comment
Does anyone out there think that perhaps some of the Titans of finance plan and execute financial bubbles? I know one person who's beginning to suspect it's so!
September 21, 2008 1:59 PM | Report Offensive Comment
It speaks more to the lack of patience and working for something more than anything. If you have to buy a house with a creative mortgage you know that you don't really qualify to buy the house and that you are on dangerous financial ground. People feel like they are owed something - entitled and that is the morality part of this story. There have always been loan sharks - thAT operated in back rooms. Nowadays these folks operate in the open and put a "virtual" gun to your head - while enticing you to get money/mortgage loan from them that you will not be able to pay back. NO ONE is on moral high ground here. We need to hold up a collective mirror get ourselves out of this mess and learn from our mistakes.
September 21, 2008 1:18 PM | Report Offensive Comment
People who claim to know what is next are both right and wrong 100% of the time. 100% of us die and that percentage can't increase. So what.
September 21, 2008 10:36 AM | Report Offensive Comment
Making loss out of profits.
Now, a formula to transform my beauty into ugliness. Change my queenly rainment to a peddler's cloak. Mummy dust, to make me old. To shroud my clothes, the black of night. To age my voice, and old hag's cackle. To whiten my hair, a scream of fright. A blast of wind to fan my hate. A thunderbolt to mix it well. Now, begin thy magic spell.
Says magic mirror: Snow White still lives, fairest in the land. 'Tis the heart of a pig you hold in your hand.
The heart of a pig! Then I've been tricked!
Trick or treat. Treats are pure profit. Losses can be tricky. That's just life kids. Be true to yourself and your family. Good tradtions just keep getting better unless you betray them. Then shame on you, loss will follow loss. That's lifes lost and found. Finders keepers, losers weepers. It's rough justice, but it is justice we all serve. The words can save us time. The numbers can add up quickly. It could go either way.
September 21, 2008 10:33 AM | Report Offensive Comment
Anon, all my posts are sane. If you think my other posts were not, it's because you were not thinking rightly during those times.
All my prophecies about Doomsday are accurate. Just wait.
September 21, 2008 10:25 AM | Report Offensive Comment
Spiderman2 - congratulations on a completely sane post.....is this a trend?
September 21, 2008 10:19 AM | Report Offensive Comment
Loss can't prevail. Only profit can prevail and then there's skivail http://vail.snow.com/home/
Sound like a good time? I love a woman and I love the snow. It's all different and it's going to get more different. The morality is still the same.
"Magic Mirror, on the wall, who is the fairest one of all?"
September 21, 2008 10:18 AM | Report Offensive Comment
You made your POINT more or LESS. We got it under control.
September 21, 2008 10:11 AM | Report Offensive Comment
When under pressure, people rise or fall to meet the challenges. The weak panic and run. The stock market just records what is happening in the country and acts without emotion. Never get emotional over an investment. This could be a record setting week and one way or the other you take the good with the bad. Good is good. Faith is good if not misplaced. Better watch yourself.
September 21, 2008 10:09 AM | Report Offensive Comment
PERMANENTLY BANNING INSANITY (a guideline to who should become president)
From the time humanity started, there never was a practice that a person can sell what he DOESN'T OWN. It is only logical that NOBODY can sell a house or any property which he doesn't own. And yet, this kind of practice is LEGALLY done in the stock market thru SHORT SELLING. That is the term they use for the "PUT OPTION" in stock trading. YES, it is legal to sell stocks which you don't own in the stock market thru short selling. What happens is the one engaging in short selling gets a profit from the loss of another. The lower the stocks plunge the richer they become. What is worse is if they make creative ways to pull it down. That is how insane the stock market has become. GREED and INSANITY has become their god.
Finally, upon seeing that there's a possiblity that all banks around the world could collapse because of this practice, they've made a decision to TEMPORARILY BAN SHORT SELLING. It was not a galant act on their part but only a REACTION TO SURVIVE. They are only TEMPORARILY STOPPING THEIR GREED TO SURVIVE.
It was NOT the planned government BAILOUT which saved the market although it could help ease the money crunch. I hope the bailout would bring down mortgage interest rates so homeowners would also benefit. With the government now owning Fannie and Freddie and the planned absorption of foreclosed properties thru a massive 700 billion dollar bailout, the government has NOW the POWER to REDUCE them.
The point is, let SANITY PREVAIL. The government should now focus on that ONE GOAL to bring DOWN mortgage interest rates and MOST IMPORTANTLY make SHORT SELLING BE BANNED PERMANENTLY.
The PRESURE TO BRING IT BACK coming from the SHARKS would be great. I think Bush would buckle to the pressure. What we need is a next president who can STAND FOR WHAT IS RIGHT. The presidential candidate who can promise to abolish SHORT SELLING ( profiting from the LOSS of others) should be the NEXT President.
September 21, 2008 10:05 AM | Report Offensive Comment
"Golden Rules"
Never refuse an option when you can get it
Cut your losses short
Let your profits run on
That's capitalism and profits run on and losses run you into the ground. Some ground is harder than other ground. Then there's common ground. More losses are ahead and more profit as well. Don't limit your options. Variety is the spice of life you know. It's getting spicey and so it should if it is good.
September 21, 2008 9:58 AM | Report Offensive Comment
The Fed is responsible for paying the debts of war. It is not legally responsible for the debts of Wall Street. Alldebts are either public or private. That's life, death and all the rest. Defense has big bills and the soldiers need paid not bailed on or out.
September 21, 2008 9:49 AM | Report Offensive Comment
PERMANENTLY BANNING INSANITY (a guideline to who should become president)
From the time humanity started, there never was a practice that a person can sell what he DOESN'T OWN. It is only logical that NOBODY can sell a house or any property which he doesn't own. And yet, this kind of practice is LEGALLY done in the stock market thru SHORT SELLING. That is the term they use for the "PUT OPTION" in stock trading. YES, it is legal to sell stocks which you don't own in the stock market thru short selling. What happens is the one engaging in short selling gets a profit from the loss of another. The lower the stocks plunge the richer they become. What is worse is if they make creative ways to pull it down. That is how insane the stock market has become. GREED and INSANITY has become their god.
Finally, upon seeing that there's a possiblity that all banks around the world could collapse because of this practice, they've made a decision to TEMPORARILY BAN SHORT SELLING. It was not a galant act on their part but only a REACTION TO SURVIVE. They are only TEMPORARILY STOPPING THEIR GREED TO SURVIVE.
It was NOT the planned government BAILOUT which saved the market although it could help ease the money crunch. I hope the bailout would bring down mortgage interest rates so homeowners would also benefit. With the government now owning Fannie and Freddie and the planned absorption of foreclosed properties thru a massive 700 billion dollar bailout, the government has NOW the POWER to REDUCE them.
The point is, let SANITY PREVAIL. The government should now focus on that ONE GOAL to bring DOWN mortgage interest rates and MOST IMPORTANTLY make SHORT SELLING BE BANNED PERMANENTLY.
The PRESURE TO BRING IT BACK coming from the SHARKS would be great. I think Bush would buckle to the pressure. What we need is a next president who can STAND FOR WHAT IS RIGHT. The presidential candidate who can promise to abolish SHORT SELLING ( profiting from the LOSS of others) should be the NEXT President.
September 21, 2008 9:46 AM | Report Offensive Comment
Some oil slicks are bigger than others. You can't regulate an oil spill. All you do is clean up the mess, so regulation has limits. You can't make a rule for everything. Trying is a fools task.
September 21, 2008 9:45 AM | Report Offensive Comment
For heaven's sake, greed has been with us forever. That's why we have a governmental regulatory system. "Greed is good" so sayeth Gordon Gecko in the movie Wall Street some 25 years ago and it's still the mantra of those who do not produce any goods or services but suck cash and credit out of those who do. At least the 8 last presidents and their respective Congresses have loosened the regulations of the Depression Era that were put in place to prevent these excesses. So. Morals are great but regulations are better.
September 21, 2008 9:06 AM | Report Offensive Comment
As long as the federal reserve system controls our money we will never have a truly stable economy. They desire these kinds of crashes because it enables them to buy corporations at a fraction of their worth.
Our government has no control over the fed, it is controled by private bankers. This is the root cause to all of our problems, we must eliminate the fed in order to put our house back together.
September 21, 2008 8:32 AM | Report Offensive Comment
"Show me a man who lives alone and has a perpetually clean kitchen, and 8 times out of 9 I'll show you a man with detestable spiritual qualities." Bukowski
As a man who lives alone, I felt bad about the mess in the kitchen. A big mess and it just keeps getting to be a bigger mess. I must of reminded myself to clean it up 50 times and it's still a mess. That's the mens mess hall for you. The back hall is as neat as could be, so there you have it, a look see into my hall of mirrors here. Maybe I'll clean the mess hall today and clean the mirrors while I'm at it. In any case you need to be good if you are going to be good to go. That's life, that's capitalism. It can get messy. Man has a will and woman has a way don't you know.
September 21, 2008 7:57 AM | Report Offensive Comment
the golden calf heritage and culture.
while moses was receiving the tora ,in his absence,people worshiped the golden calf wich the samartain smelted and fashioned out of gold ,the calf was halowed so the air will go thru the mouth and come from the anus and versa versa ,echoing a funny sound$$$$$$$$$************ it was a big promise and a future to those who worshiped the calf!!!
1-pumping 700 billion (banknotes) in the system will add to the system none but more air no less no more than the identical air that comes out of the calf anus!
2-to bleed the system out of frauds and false hood you need the truth and honesty not more frauds.
3-good honest money remove and wipe away bad money lest you forget this golden rule of any honest economy.
shatan promise you poverty.
September 21, 2008 6:58 AM | Report Offensive Comment
Where were these hambones five years ago, one year ago, a month ago when their opinions might have mattered?
FREE AMERICA
REVOLUTIONARY (DIRECT) DEMOCRACY
September 21, 2008 6:24 AM | Report Offensive Comment
Gasoline is expensive. I was in advance auto today and a guy came in reeking of the smell of gasoline. Three people in the store comment on it including the store manager. I was so bad that the manager was ready to ask the gut to leave.
Ironically, one of the people in the store was someone that I know, haven’t seen him for a long time but it was nice to see him again. Jim said to me that gut smells like he has been rolling in gasoline, that’s when the manager said he was going to ask the guy to leave because he smelled so bad. The guy in the parking lot said his engine caught fire from a gas leak and that he poured water on it and it didn’t stop the fire, he was in a black truck, and I could recognize both of them. The guy in the truck was talking about burning his wife to death with gasoline. I told him that he would go to jail for murder and that I would be a witness to what he said. He also told me that he has hidden cameras in his house to spy on his wife with microphones and that he put a GPS system on her car so he could track her whereabouts. I told him that he will go to jail for doing these things and he laughed and said I won’t get caught. I said the very ones that think that they are above reproach are the ones that get caught. He said he didn’t care that he had people to do it for him and that they would lie for him.
The guy said “she has to pay for what she did to me.”
September 21, 2008 3:14 AM | Report Offensive Comment
The NASD amendments to Rule 2520 become effective on September 28, 2001, while the NYSE amendments to Rule 431, which are substantially similar, information memo from NYSE became effective August 27, 2001.
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September 28, 2001
As I sat down in my chair, thinking about the sweeping restrictions inposed by this change, a feeling of helpness starts to sweep over me.
I am at a loss of words to express the hideous motives of the financial world's insiders. I can sum up my feelings that day of september in one word - betrayal.
I woke up from my thoughts to conclude that the financial investment environment as we know it had come to an end.
On that day of gloom, I could not have imagined in my gloomiest thoughts that I would live to witness a financial structure breakdown of Wall Street that may eventually swallow Goldman Sachs.
September 21, 2008 2:00 AM | Report Offensive Comment
When you talk about morals read the following, and you cannot help but come to conclusion that Bush Administration has gone about systematically dismatle the financial structure of Wall Street.
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The SEC has voted to remove the “short sale tick test”, Rule 17 CFR 240.10a-1 for all equity securities. Effective Friday, July 6, traders will be able to short all securities on an up, down, or zero tick.
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I really feel sorry for those people on Wall Street who cannot stop blaming Alan Greenspan. No one even mention the name of Christopher Cox, who single handedly wiped out trillions of dollars of wealth on Wall Street.
Read transcript of SEC Chairman's full speech and draw your own conclusion
*****
Speech by SEC Chairman:
Opening Statement on Eliminating the Short Sale 'Tick Test'
by
Chairman Christopher Cox
U.S. Securities and Exchange Commission
Washington, D.C.
December 4, 2006
The final item on our agenda today is elimination of the short sale price test - colloquially known as the "tick test."
Historically, the Commission and self-regulatory organizations have sought to balance the competing views of short selling -- whether it is primarily good or bad -- by permitting short sales in advancing markets, and preventing short sales at successively lower prices.
The Commission first imposed restrictions on the execution prices of short sales almost seventy years ago, when we adopted the "tick test" of Rule 10a-1 in 1938. The tick test permits short sales only at a price above the last sale price, or alternatively, at the last sale price -- if that is higher than the previous price.
The core provisions of Rule 10a-1 have remained virtually unchanged since the 1930s. But a great deal else has changed in the marketplace over that very long time. Over the years, decimalization and changes in trading strategies have undermined the effectiveness of the price test. And at the same time, increased transparency and better means of surveillance appear to have lessened the need for the price test.
When the Commission adopted Regulation SHO in 2004, there were concerns expressed at that time regarding the effectiveness of the price test. As a result, in June 2004 the Commission authorized a pilot program to test the premises of the short sale price restrictions.
The Regulation SHO pilot program began in May 2005. It suspended all short sale price tests for a select group of over 1,000 equity securities.
Through the pilot program, we sought to understand the effect of this particular regulation on our markets. The evidence gathered from the pilot suggests little empirical justification for maintaining short sale price test restrictions, at least for the exchange-traded stocks in the pilot.
In light of the results of the pilot program and the market developments that have occurred in the securities industry since Rule 10a-1 was first adopted, we will today consider proposals to remove the tick test of Rule 10a-1, and to prohibit the SROs from maintaining their existing price tests or adopting any new ones. Along with the proposed repeal of the tick test, we will also consider a proposal to make conforming changes to the order-marking requirements of Regulation SHO.
Although the proposed amendments are aimed at removing obsolete price restrictions on short selling, we believe that other controls are still needed to address abuses connected with short selling. That belief is borne out by our action today to revise Rule 105, and our proposal to eliminate the grandfathering and options market maker exceptions under Regulation SHO.
Once these proposals are published, the public and industry will have the opportunity to comment on both the repeal of the short sale tick test, and the changes to Rule 105. During that comment process, we will also welcome any alternative approaches. And we will consider all of the comments and any accompanying data that we receive in determining whether modifications to the proposals are necessary.
I would like to thank the Division of Market Regulation -- in particular Erik Sirri, Bob Colby, James Brigagliano, Josephine Tao, Elizabeth Sandoe, Victoria Crane, and Marlon Paz -- for their commendable work on both proposals. I'd also like to thank their colleagues in the Division of Market Regulation; in the offices of the General Counsel, Economic Analysis, and Compliance, Inspections and Examinations, and in the Divisions of Enforcement, Corporation Finance, and Investment Management, for their contributions and collaborative efforts.
I will now turn it back over to Erik Sirri, to hear a more detailed description of the proposal.
http://www.sec.gov/news/speech/2006/spch120406ccc-10a.htm
*****
September 21, 2008 1:54 AM | Report Offensive Comment
The NASD amendments to Rule 2520 become effective on September 28, 2001, while the NYSE amendments to Rule 431, which are substantially similar, information memo from NYSE became effective August 27, 2001.
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September 28, 2001
As I sat down in my chair, thinking about the sweeping restrictions inposed by this change, a feeling of helpness starts to sweep over me.
I am at a loss of words to express the hideous motives of the financial world's insiders. I can sum up my feelings that day of september in one word - betrayal.
I woke up from my thought process to conclude that the financial environment as we know it has come to an end.
On that day of gloom, I could not have imagined in my gloomiest thoughts that I would live to witness a financial structure breakdown of Wall Street that may eventually swallow Goldman Sachs.
September 21, 2008 1:41 AM | Report Offensive Comment
One reason foreigners had for investing in U.S. companies was our well-regulated, open and fair markets. Companies would take your money and buy equipment so that they could do more business and return to you a regular dividend and, perhaps, a higher stock price. Today, not so much.
September 21, 2008 1:14 AM | Report Offensive Comment
If God cannot make a defective-free product, how in heaven's name can we???
September 20, 2008 11:39 PM | Report Offensive Comment
Moylan and Lenin. One dead brain and one just dead.
September 20, 2008 8:33 PM | Report Offensive Comment
Lenin's advice: "The question whether it is possible to undertake at once a revolutionary war, must be answered solely from the point of view of actual conditions and the interest of the socialist revolution which has already begun."
What can you do? People will fall for things hook, line and sinker. Bush is leading a socialist revolution now. Go figure. I think I'll ride it out with the good old capitalistic system. Maybe we can lose the Cold War after we won it while we are engaged in fantasy here. Obama is all for the bailout along with Bush. Everybody is going to work for the government too, yeah right. We're lucky we can get the government working for everybody. We could turn the country into Cuba while we're at it too and have a Lenin style police state in on the bad bargain.
September 20, 2008 8:16 PM | Report Offensive Comment
I welcome the the Socialist Republic of America to the fold. It's good to see the US has at last decided to honor its commitment to 'for the people, by the people' and kick a bit of capital into the social pot.
See fella's, it's not that hard. Now just a bit more and you will have a comprehensive social security net and a universal health care scheme - just like the rest of the developed world (and half the third world).
September 20, 2008 7:19 PM | Report Offensive Comment
The money in the bank changes everything ad is funny. The way I feel, you could come here with $5 million in cold hard cash and it's not going to change anything. I might feel better if somebody showed up with a gun and shot me. That would really change everything. Then you don't need to think about money and the failing bank or the rotten mortgage fraud. If you feel good, good for you. It's the rough life here and it only gets rougher it seems.
September 20, 2008 4:05 PM | Report Offensive Comment
Something new.
Wall Street May Manage Its Own Bad Mortgage Debt
I'm trying to manage my own pain here. It gets to the point where you can't think about money or the debt because you're busy thinking about trying to get up, trying to walk, so some troubles are greater than others. I guess you can pass your debt off on somebody else easier than you can pass your pain off on others. Pass me the bottle, I'll have me another drink. I don't have time for their little debt time drama. I have my own little problems to work out here. Don't we all? Check with Hollywood. They're all making $20 million a year playing somebody else. Maybe they'll help you. I don't really care anymore and I hope you figure it out. If you can't, think harder about it. Be thankful you don't feel as bad as I do. At least I don't have a mortgage, which is one less pain to be concerned with. Help the people that do, they need your help. That's why you are in business to begin with. Manage it. I'm going back to my own misery here, so I hope it works out. I'm sure it will.
September 20, 2008 3:36 PM | Report Offensive Comment
85 billion dollar bail out, will it put tax payers money at risk?
Is it time to think about alternative economic system?
Is it possible to produce a car that doesnt need repair or replacement in Capitalist system ?
September 20, 2008 3:34 PM | Report Offensive Comment
Agent 99 found me, so the mission is complete and now it is on to the next mission. The last mission was deadly and the next mission should be lively until it turns deadly. Mission control is better than being out of control. Some things and some people just can not be helped. Keep those golden guns loaded and ready for danger is everywhere the same as it has ever been. Some things never change and some people never learn. You need to keep teaching the same lessons over and over again. Rest in peace!
September 20, 2008 1:18 PM | Report Offensive Comment
Are you there Agent 99? The doom keeps growing and expenses just went well beyond means. We can't save everybody. I will have movie tickets if that sounds good to you. You buy the popcorn and I'll pick up the drinks. Don't yell fire in a crowded theater, unless the theater is on fire.
September 20, 2008 12:49 PM | Report Offensive Comment
"The Bush administration today sent lawmakers a historic $700 billion emergency rescue plan that allows the Treasury to buy the troubled mortgage securities that have been toppling major financial firms and are at the heart of Wall Street's turmoil."
It's was $200 billion higher than lawmakers had been told yesterday to expect. Just don't get led astray by artificial rules. By Sunday, it could top a trillion depending how a shot, assist, point, rebound, foul, turnover, or steal. Lots of stealing, fouls and turnover. Maybe we'll all be given new shoes and a big athletic shoe contract too. For $10 million I'll wear clock cleaning Air Force shoes made in China.
This is getting to be trash basket ball and we need more cash to throw into the trash and burn everybody in the process. You can steal more with a pen than you can with a gun and they seem to be at it on a non-stop basis. Trashy people lose money and new rules are applied as needed. The old rules were to simple. I'm not paying for this fraud.
September 20, 2008 12:41 PM | Report Offensive Comment
The creeps are creeping the creeps out. You can't crack the United States. For the wedding you get white china and for the funeral you get red china. For everything else we have people playing the blues and getting out of a jam, while others are getting jammed up. It's all the same old challenge. Pay the soldiers and kill the terrorists and the mercenaries. Any soldier with a spirit knows what is worth protecting and will protect it. Our dead soldiers are worth more than their living soldiers because we have honor. Never abandon your partner in times of trouble and these are troubled times.
For My Dear
Out of shadows of night
The world rolls into light
It is daybreak everywhere
Love is light for the journey ahead and should be bright. The next generation can't be abandoned or forgotten. Trouble will pass and light will shine. The USA can only keep getting better. The worst is just in you mind. It just seems hopeless at times and for some it is. For others things keep getting more dear.
September 20, 2008 12:18 PM | Report Offensive Comment
A big sale today on cracked Chinese pots. We are are crackheads and Coke is half off today.
September 20, 2008 11:35 AM | Report Offensive Comment
Looks like the blog has been taken over by a few crackpots - it was bound to happen.
September 20, 2008 9:49 AM | Report Offensive Comment
Clearly people do not understand something. The correction did not just begin. As long as there have been mistakes, there have been corrections. Too many mistakes and too few corrections result in wide spread losses. The balance then favors those doing the corrections. The teachers are then golden and the students are screwed. The teachers can sometimes learn a lesson that doesn't come at the expense of the student. Between bad mortgages and high taxes, we may find that the sheriff can't keep up with the sales or find buyers for all the houses. You can't have too many deputies in this case. Maybe the plan is to use sovereign wealth funds to buy up all the defaulted houses and we can all rent our homes back from the Chinese or some other country. We get to lose our sovereignty as a people in on the bargain too. What a deal. We have gone from loss to lost because we live beyond our means or because somebody else up the street did. We all get to pay for their big house and big car as we lose what little we have. Everybody pays for everybody else. All are equal, just not free. I will remain independent and free. You do what you want, just don't expect me to pay for your mess. I have my own mess here and a license to kill.
September 20, 2008 8:42 AM | Report Offensive Comment
Too many houses, too many condos, too many apartments, too many offices, too many shopping centers, too many brokers, too many banks, too many mortgages, too many speculators !!! And the correction begins!!!
And now I am part owner of over one million of these now inexpensive homes, condos, apartments and shopping centers. Always wanted to be a large Land Lord!!!!
No religion involved!!!!!
September 20, 2008 3:46 AM | Report Offensive Comment
Great news.
Russia Again Halts Stock Trading
Emergency Steps Taken to Prevent Collapse as Market Turbulence Spreads
Only a fool or a crook would invest in Russia. Russia is now contained. U.S. markets will be stronger for it. Who can your really trust at the end of the day? You guys are now O50.
September 20, 2008 12:02 AM | Report Offensive Comment
testing
September 19, 2008 11:51 PM | Report Offensive Comment
"But a series of moves by federal officials Thursday to limit short sales and to remove toxic assets from banks sparked a rally in financial shares."
Mr. Murdock, how should we price these toxic assets? Good question there Murphy. Make it a one day sale. Sunday sounds good. Tell them the assets were regularly $19.99 and the always low Wal Street price is $8.99. People will rush the doors with a deal like that.
I'll get right on it Mr. Murdock.
And make it snappy Murphy, we have not a moment to spare. Did you price those shotguns yet?
No sir. I was working on stocking the shells.
I see. Where is my paper? I dunno.
September 19, 2008 9:42 PM | Report Offensive Comment
Attn. Management and Publisher
We demand that On Faith remove these comments or we are going to get a court order signed by a judge. This is clearly a violation of our rights to rob the next generation of everything they have coming to them for the good of our Chinese partners and we want it stopped. Make it stop or legal action will follow.
MS. PR Dept.
September 19, 2008 9:29 PM | Report Offensive Comment
"Morgan Stanley is still having discussions on all fronts," the source said. The firm "feels like it is operating from a position of strength, that it can slow down the timetable and figure out which is the right opportunity to pursue."
Early bird special: Slow Speed Chinese hi-fi turntables $1.99. Records 99 cents.
Limited quanities, WAL STREET STORE ONLY
NO RAINCHECKS-FIRST COME FIRST SERVE
If you figure it out sooner rather than later, you have certain advantages and can pursue better opportunities for the future and the future is serious business. The firm feels. Isn't that touchy feely? Sharks with feelings. They could end up beached whales on a Chinese beach. "China did not want to boost its $5 billion investment in Morgan Stanley." You win some and lose some. I guess the Fed is supposed to kick up $5 billion so the Chinese don't lose their cash. The kids will pay it off for the next 20 years too. No way in hell. Frauds!
September 19, 2008 9:15 PM | Report Offensive Comment
My people will get with your people stuff.
FT Alphaville: Hello, Murphy
Morgan Stanley PR: Hi, this is XXXXX from MS. Have you seen the information on Bloomberg? Mr Mack did NOT say these things. And I’m just calling to get your post on this taken down, so can you take it down?
FTAV: No. We’ve noted the Mack denial - published snaps from Reuters. We will link to that and make denial clear. But the post stays up.
MS felt: You can’t believe the stuff that’s going around. People are just making things up…
FT AV: So what does the NYT say?
MS felt: Oh, that’s being dealt with by our NY people. I’m just ringing round getting stuff taken down….
I just made this up: "We are equally capable of being brought to ruin. My crisis is not equal to your crisis. My crisis is different. You are independent, so you have your own crisis. We are both free to solve them with reason."
Good things are like love and can't be ruined. It's like trying to stop the rain. No matter what anybody says it can't be done. We need rain here. You talk to somebody and they don't like what you are saying, so they start talking about the weather.
Not made up. At least not by me.
"Morgan Stanley, in the throes of market turmoil, has stepped up its merger negotiations with Wachovia in a deal that could also include the involvement of a Chinese sovereign wealth fund, people involved in the talks said." IHT
"But with "everything on the table," Morgan Stanley executives would not dismiss the possibility of the China fund boosting its stake to as high as 49 percent." WashPost
You can't make this stuff up.
"Gracious me Flopson," said Mrs. Pocket, looking off her book for a moment, "everybody's tumbling."
Great Expectations
Take the baby and give me your book dear. The tables will turn. If you aren't Flopson, you could be flipping. I think they could be flipping mad. China is going to take over Wall Street and maybe they can build a Walmart on Wal Street too. Always low prices and you get low quality stuff. It's a junk revolution, I guess. Avoid junk bonds and stock up on canned goods.
September 19, 2008 8:54 PM | Report Offensive Comment
3D is here. I have 4D on paper, so it's more of an up close and personal affair. Technology is one thing, but it has it's limits. Other things are still unlimited and you don't need to search for them. They are always with you and always will be. You can't always see them, you can feel them though.
September 19, 2008 6:17 PM | Report Offensive Comment
There's silicons on the west coast and neocons on the east coast. In the middle is some guy trying to scratch a living out of a hunk of ground growing pigs and corn to keep America fat and happy. He's too busy to be conned, he's up to his ankles in mud trying to keep the pigs fat to go to market. Some jobs are rougher than others. The rest of them are buying futures and selling futures for some future that might be or might not be. Leave it be at that and bail hay. Your Christmas ham is getting raised somewhere right now and the next thing you know it's snowing and all the problems are different. Different seasons and different plows. Same old expenses and rock salt is going up in price. That's a big problem. What else is new?
September 19, 2008 6:07 PM | Report Offensive Comment
Thanks 504 Devils!
http://www.bragg.army.mil/AFVC-A/mission.htm
Agent O50 over and out. It's happy hour here, so I'm happy or at least trying to get there. God Bless America!
September 19, 2008 5:17 PM | Report Offensive Comment
No golden parachutes for bailouts, just "Those devils in baggy pants"
"American parachutists...devils in baggy pants...are less than 100 meters from my outpost line. I can't sleep at night; they pop up from nowhere and we never know when or how they will strike next. Seems like the black-hearted devils are everywhere..." An entry in a German officer's diary found after the battle on Anzio beachhead
Some days at the beach are easier than others.
http://www.bragg.army.mil/AFVC-A/Default.htm
Sometimes you got it in the bag and sometimes you just get bagged. Bail hay and you don't need bags.
September 19, 2008 5:10 PM | Report Offensive Comment
"Eight o'clock had struck before I got into the air that was scented, not disagreeably, by the chip and shavings of longshore boatbuilders, and mast, oar, and block makers." Great Expectations
So it all goes and all is well. As any river consultant can tell you, you can't have too much muddy water. As for me here on the land, I can't have too many chips and shavings. It's like the newspaper business itself. You have to keep killing trees and you can't have too many trees. At the end of the day, all great expectations are determined by family trees. I need to go and collect some apples from mine, so some problems are greater than others. You can't have too many apples, all you can do is bite the Big Apple and take care of the Big Money and the kids will be just fine. An apple a day keeps the doctor away. You can't have too many doctors, just too many sick people and too few livestock. Capitalism doesn't need life support. Capitalism is life support. The rest of it is what it is and can't be redeemed. If they have grace enough to redeem with, and God knows there's need enough for redemption for a good many of them, I can't see how they can fail. If not, I don't see how they can succeed. Don't let the market fool you and don't try fooling yourself, there's no love coming to us from Russia. We have plenty here in the land of good and plenty, home of the brave. We can win wars without firing a single shot, so walls come tumbling down and it's always rough and tumble. It never changes. It's just bad and different bad actors and then markets stop and people scramble along with jets. It's hard scrabble and the tables turn fast on you. We just keep turning them and making things go around. What comes around, goes around and the markets are always open in the USA for better or worse in sickness and in health. Drink too it, it's just a family tradition. Strike a blow for liberty and keep ringing your bells and I'll ring mine. You can't have too many bells ringing!
September 19, 2008 4:49 PM | Report Offensive Comment
Too many houses, too many condos, too many apartments, too many offices, too many shopping centers, too many brokers, too many banks, too many mortgages, too many speculators !!! And the correction begins!!!
And now I am part owner of over one million of these now inexpensive homes, condos, apartments and shopping centers. Always wanted to be a large Land Lord!!!!
No religion involved!!!!!
September 19, 2008 3:17 PM | Report Offensive Comment
Last check DJIA +428.27, so things are looking up.
I need to get back to the old paper and chasers here. If the day goes smooth and nobody does anything incredibly stupid, I guess it will be better for the efforts. WPO isn't looking as bad as it did. It could look better, so better to have Faith in the future and papers. Keep chasing the profits, they are all on paper. The rest is in your mind, so have peace of mind and a good weekend.
September 19, 2008 1:04 PM | Report Offensive Comment
My Dear Publisher,
If you lower the quality of your product, you could get to heaven. Don't bet on it though. There are sure things and shore things. I would not be in a rush, since good things do take time. Hell seems to be in a hurry. Heaven can wait for us. It always has and always will.
All my best,
MP
P.S. Life is a beach!
September 19, 2008 12:41 PM | Report Offensive Comment
Are Interfaith meeetings, Moral Failures?
How many times have Humans had 'interfaith meetings' in their own Division of Christianity? Has it resulted in a conversion of Unity into One Group? Or, another Religious split.
Many Humans are 'brainwashed' in Religion as a Child, in the Way they should go and not depart from it. How do Religious Humans make Interfaith Unity, of our Planetary Killing Lifestyle, into one Peace God Lifestyle?
What kind of Educational opportunities, can we do today on a Planetary Basis, that the Internet has not done? Where does Religion or the www. teach Literally, GODs Living Human Lifestyle 'Thou Shalt Not Kill? www. can explain how to build an Atom Bomb.
The merger of a Nation is usually by War. The European Nations, changed from Catholic to Protestant, but did not Unite the Citizens into One Faith Unity.
We see the three religious divisions of Humans in Iraq. Will they ever join together in a Muslim God Unity Government, or split into three new nations?
Why should any Country be a Religious Nation? Will the USA stay a Christian nation? Will interfaith divisions need adjustments, as the Muslim population increases?
The Original Perfect Peace Humans on Earth, Reproduced Killing Humans by Heterosexual Body Birth. Death Resulted. Interfaith Divisions will not End, until the Human Nuclear War ends our Divided Killing Lifestyle, for God and Country.
All Humans should Unite as Atheists, In Love of GOD/LIFE, the Unknown Maker of Universe LIFE, to Stop Nuclear War.
What does it Gain Humans, to conquer other Religious Brothers/Sisters and Die? Hate does not Unite any Couple, Family, Race, Religion, Government, or Planet.
Humans should Unite as One Human Family on Earth, and in Spaceships. Humans should Be Equal Brothers/Sisters of LIFE. Humans should stop Killing GODs Planet and Each Other, for a Religious God or Country.
Eternal Physical Life is for the Living Humans, not the Dead.
September 19, 2008 11:49 AM | Report Offensive Comment
What May Be
I hope it turns out for you better than me alone
I have hopes for you and your dreams that should be growing happily
Because of you I feel better about me
I feel unsure so there are a lot of maybes
When it may be love everything is sure
What may be is good and it gets better
Where I go is good because you are with me
Always
Only you know how I feel
If you feel it too
I will always be here for you
That will never change
It will be different
It will be great for you are greatness
You are courage and you are grace
You are Special
Written by one who could not change and who loved another beyond time with no limits.
“Deep Dreams”
Deep calls unto deep
The sea of love is steep
The certain voice of being unsure
Sets the tone to feel insecure
As soon as the hope comes again
The tears soon after come rushing in
Then the toll rings of goodbye
The one that causes the want to cry
As soon as the hope is renewed again
The salty taste of tears rush in
At last it seems that all is well
But the lighthouse comes to tell
That maybes are so unsure
The boat cannot dock ashore
The dream is over the rainbow
It bears the certainty of the way to go
Since the storm it is clearer to see
The dream is what is going to be
My heart says there is no other love for me
Written: for only you
See It In 3D
Tears of joy for dreams of hope never fade
Love lasting is love and light
Courage for all our struggles bring victory
In our love circles
Never abandon your partner
Never give up hope
For I love you endlessly without doubt
Your heart is right
Mine is pure delight for you are there
A light in the dark for our love
A light forever to be
Written only for us and all who believe in love.
September 19, 2008 11:17 AM | Report Offensive Comment
DJIA +385.12 at last check. Somebody has faith in something and somebody good always beats something bad. All is well, we'll see who does what. The future is not as uncertain as it once was. Things keep getting more dear. Wish you were here. We can go up later, there's always time for the good.
September 19, 2008 10:38 AM | Report Offensive Comment
A golden shower is not the same as a baby shower. Where's the gold gone man? Obama got $691,930 from Goldman Suchs. It's the stupid economy now. Before it was just the economy stupid. Harvard is giving away a bit less, all for the good of the game. Big Money can result in big loses and lose, win or draw politics is cartoonish. I'm in stitches here. I'd rather be in Big Money with a Big Love, but what can you do? The best things in life are free. Everything dreamy is just a delight.
September 19, 2008 10:28 AM | Report Offensive Comment
"Maintaining confidence in the money market fund industry is critical to protecting the integrity and stability of the global financial system."
The integrity seems shaken and the stability is in the proof. The global financial system is a big mess. Deposits are one thing and funds are another. The U.S. stock market will keep trading on good information. Some others have ground to a halt. It looks worse for Russia than it does for US. Who can you really trust? In God We Trust solves all your problems, so the dollar keeps the faith. You can't lose faith in good old fashioned captalism. It's a wild thing and a dangerous kind of ride. Ride them cowboys and cowgirls. We're rough riders, so some problems are greater than others. It's the wild wild east in Washington and people are shooting for the moon. Let the good times roll, while the fire burns out of control. Don't worry and don't panic, our flag is still here. The Russians seem worried and have good reason to worry some more. We have faith and dollars. Lawyers, guns and money take care of problems and we have plenty of all three. Above and Beyond we have faith which beats being down and under. Think up.
September 19, 2008 9:41 AM | Report Offensive Comment
Stay unsettled then. See if I care.
September 19, 2008 9:02 AM | Report Offensive Comment
moon penn Everything comes down to love and life. Good luck Lucy
Stop saying "Good luck Lucy" it alwaya sounds like good-bye, it is unsettling
September 19, 2008 2:46 AM | Report Offensive Comment
What May Be
I hope it turns out for you better than me alone
I have hopes for you and your dreams that should be growing happily
Because of you I feel better about me
I feel unsure so there are a lot of maybes
When it may be love everything is sure
What may be is good and it gets better
Where I go is good because you are with me
Always
Only you know how I feel
If you feel it too
I will always be here for you
That will never change
It will be different
It will be great for you are greatness
You are courage and you are grace
You are Special
Written by one who could not change and who loved another beyond time with no limits.
“Deep Dreams”
Deep calls unto deep
The sea of love is steep
The certain voice of being unsure
Sets the tone to feel insecure
As soon as the hope comes again
The tears soon after come rushing in
Then the toll rings of goodbye
The one that causes the want to cry
As soon as the hope is renewed again
The salty taste of tears rush in
At last it seems that all is well
But the lighthouse comes to tell
That maybes are so unsure
The boat cannot dock ashore
The dream is over the rainbow
It bears the certainty of the way to go
Since the storm it is clearer to see
The dream is what is going to be
My heart says there is no other love for me
Written: for only you
September 19, 2008 1:31 AM | Report Offensive Comment
What May Be
I hope it turns out for you better than me alone
I have hopes for you and your dreams that should be growing happily
Because of you I feel better about me
I feel unsure so there are a lot of maybes
When it may be love everything is sure
What may be is good and it gets better
Where I go is good because you are with me
Always
Only you know how I feel
If you feel it too
I will always be here for you
That will never change
It will be different
It will be great for you are greatness
You are courage and you are grace
You are Special
Written by one who could not change and who loved another beyond time with no limits.
September 18, 2008 10:27 PM | Report Offensive Comment
I changed the name Lucy. I went from ship to shore, since the seat of power is on the land. Things are getting a bit wild these days. It got lonely on the ship. I have a whole new mission and no plan. Can you really plan anything? Who, what, when, where and what's it all about? Everything comes down to love and life. Good luck Lucy. I always liked that name for some reason.
September 18, 2008 9:31 PM | Report Offensive Comment
Deflag, "I think I'll call it a day and get some rum going down. Something has to go up as a result of the effort."
Rum and something has to go up as a result.......hmmmm, I know what I am thinking as a result of the rum and something going up.....too bad we didn't take the stairs, would have been a first for me there.
September 18, 2008 6:11 PM | Report Offensive Comment
Wine
"the White House currently has only 500 to 600 bottles stored in a temperature-controlled room near the kitchen." Bloomberg
Your tax dollars are hard at work. No wonder they want to be President. I wouldn't mind having a private temperature controlled Wine Room. If you got the dough, you can get what you want and will. It's all wine and roses and romance. I might get back in the mud after I finish my drink. Good luck America!
September 18, 2008 3:55 PM | Report Offensive Comment
Break out the rum and get it in the blender. It's looking like a rummage sale at AIG. The market climbed a little. One minute you look at a chart and before you know what happened the chart is going the other way. Good things tend to go up and bad things down. Real bad things get blown apart and go down in pieces or shot down in flames. I think I'll call it a day and get some rum going down. Something has to go up as a result of the effort. Yes. Airlines are looking worse, but they've looked bad for years now. You can't please everybody and the airline business has seemed to please nobody and do it at the highest possible cost. It's a loss leader. Maybe they'll nationalize it and everybody that can't afford a mortgage can then afford not to fly, but fly anyways. We can turn USAirways into USAnyways and all get loaded in Las Vegas on free booze. Keep the tables turning and have faith. I'm having a drink!
September 18, 2008 3:39 PM | Report Offensive Comment
O'Victoria, O'Victoria, O'Victoria or is it "Saint Victoria"???
Bottom line: You apparently were a very disgruntled practical nurse/volunteer!! Did someone force you to do these jobs??? Apparently you did not smile much or bring any joy to these "forced" positions.
"Nun" material you were not if indeed your small autobiography is true.
And your investments in "spiritual treasures in heaven kind" would not be accepted with your "sour puss" attitude.
How goes "Fun and Feast" Ramadan???
And you do not even have an interest bearing checking account?? Might want to check the investments of your Islamic brothers in Saudi Arabia, Bahrain et al.
September 18, 2008 3:18 PM | Report Offensive Comment
All we have is a sick patient who can't afford healthcare. It's in a coma and hooked up to life support and the bills keep adding up. It could be more merciful to just pull the plug and call it a day. That would be too easy I'm guessing. For what it costs to keep it alive, more people with a better chance of survival could have healthcare. A classic could of, should of, would of lesson. Maybe the operation will kill it before the sun comes up again. One must keep hope alive to survive. Another day at the Post. Don't abandon your Post, it's one of the few lights worth keeping on in Washington. Maybe more than a few.
September 18, 2008 3:06 PM | Report Offensive Comment
Now that the US government is effectively buying AGI, I assume we now have universal health care!
September 18, 2008 1:58 PM | Report Offensive Comment
house boat global boat me no green free glass red
September 18, 2008 1:56 PM | Report Offensive Comment
all yes cube we bag home tom
September 18, 2008 1:56 PM | Report Offensive Comment
"American taxpayers woke up to find themselves in the insurance business."
Wide awake in America. Let's all lower our insurance premiums and raise our kids to avoid another big mess in the future. Those who didn't wake up won't need insurance anymore. There's lots of work to do and lots of time to do it. America is never done, it's always the start of something new and hopefully wonderful. Think long-term and work for justice and justice will work for you. All liberty is love and freedom. It's still a free country and always will be. Some gave all and all gave some. We got the blessings that came from all those lives sacrificed for the future generations to live in peace and prosperity. There's faith in that and it never dies. It's always at risk, so seek your rewards. It's been an honor and will continue to be.
September 18, 2008 12:36 PM | Report Offensive Comment
LIB says-
"Hmmm, and you have proof of all these claimed charitable activities?? Sounds more Christian in action than Islamic if true!!!!"
CLAIMED?
"And as one who cared for, bathed, fed and buried with Christian dignity his aging parents, I would advise you to be a bit more careful about using generalities in your commentaries."
BIG DEAL- I did it with hundreds over theyears of OTHER people's parents- average 15 people a day- (the legal limit is supposed to be 7- but these places can never keep employees because they are underpaid, overworked, and have no benefits, so it is always more.
Your advice is useless to me-
"And you did not answer my questions on how you currently invest your savings."
Yes I did. Go back and read it again. You have comprehension problems.
Next time think twice before making your small nasty little comments to me.
You have no idea what you are talking about- it was uncontrolled unregulated greed that got us all into this mess- and you're admonishing ME for not being GREEDY ENOUGH??
How are YOUR investments holding up LIB?
Have YOU made any investments in human beings at all? Or are you clinging to your commodities?
"Too many houses, too many condos, too many apartments, too many offices, too many shopping centers, too many brokers, too many banks, too many mortgages, too many speculators !!! And the correction begins!!!"
Didn't you paste this censure of greed all over these blogs?
And suddenly you are a PROPONENT of the same greed?
What kind of hypocrite are you anyway??
September 18, 2008 12:05 PM | Report Offensive Comment
In Revelation, the power of the End Times on Earth that Falls, and is on an Island could be the USA Wall Street on Long Island.
It 'is' necessary to read Scriptures and Myth 'Literally', to understand the Recorded Supernatural Actions of Gods, Goddesses, and Angels.
They are either, our 'Supernatural' High Tech Peace Human Ancestors, or, the Killer Human Noah/Atlantis Society.
Humans Caused the Noah/Atlantis Flood, with Unbalanced High Tech Pollution, and Nuclear Bombs and Waste. God our Human Ancestors, Do Not Kill.
Mis-bred Humans Kill. Humans will also Cause the Judgement Day Fire, not God.
Fallen Humans translated ancient writings as supernatural. In Genesis, 'God' Colonized Earth, made Adam, and made Eve from Adam's rib.
These Perfect Human Clones, lost their High Tech, when their Mis-bred Children were born by Heterosexual Body Birth, and Death began.
Body Birth Humans 'did' regain High Tech Science, in the Days of Noah and Atlantis, just as Humans have today. The Noah/Atlantis Humans, nor Humans today, Evolved from subhumans.
In Genesis 1, the watery atmosphere was changed, by High Tech Colonization, to an atmosphere with half the waters going above the atmosphere, making an Ice-Crystal Canopy. The waters below made the sea.
The Ice Crystal Canopy, did fall during the Year-long Planetary Noah Flood. The Ice is at our Poles.
I describe this Lost Knowledge, on my web site. Put Dolores Lear on Google, then on my web site under Flood.
The Earth had a Balanced Axis, that was tilted during the Flood. The seasons began. A rainbow appeared in the changed atmosphere.
Earth 'cannot' have another Planetary Flood, without an Ice-Crystal Canopy.
Ever since Perfect Adam and Eve, made Imperfect Killer Humans by Heterosexual Body Birth, Humans have been Killing All Life on our Planet Spaceship Home.
Equal Male and Female Clone Human Life, the Peace Gods of Religion, do Have Eternal Physical Life, on Planets and in Spaceships.
September 18, 2008 11:36 AM | Report Offensive Comment
nice, threats, anything civil or is it too much? But hey as someone told me this morning "look for good things to come" I'll take their advice at least it is an encoraging word
September 18, 2008 10:48 AM | Report Offensive Comment
Do you have faith in the economy?
Old economy or new economy?
Old, yes. New, no.
You end up at maybe or may be.
Wanted dead or alive. Alive is good. It's great for that matter. It's freedom and that can't be bittersweet. Details make you sweat and it gets wet. Keep your taps wet, Wall Street shockwaves are going to follow you to Washington. Somebody has to pay. It shouldn't be the kids. You can fit that into an editorial. Click, click.
September 18, 2008 10:26 AM | Report Offensive Comment
If we need to fight fire with fire, we have more firepower than the terrorists and that puts fear in their empty hearts. We have the USMC and sure they can terrorize you. Only if you try terrorizing them. I woundn't do that. I'm not a terrorist either. I'm fighting with water and I'm in the mud here guys. I'm going to stay in it and make more mud here. We love that muddy water.
September 18, 2008 8:48 AM | Report Offensive Comment
It's back to bailouts. Let's see what starts sinking today. It's back to the future and early. I'd like to trade my future for yours. We could have one future and it could be good. I had a good dream last night and woke up in a good mood. Nothing will ruin this day for me.
September 18, 2008 6:13 AM | Report Offensive Comment
The UNITED STATES has only 3 or 4 percent of the world population, yet it's consuming about a third of world's natural resources, and to maintain that kind of disparity and imbalance reqires force, the use of violence.
The US solution to the spiralling inequalities in the world is not to search for a more equal world, or a way of making things more egalitarian, but to espouse the doctrine of 'full-spectrum dominance'. The US government is now speaking about putting down unrest from space [1].
It's a terrorist state and it is laying out a legitimate blueprint for state sponsored terrorism
1.Noam Chomsky, Hegmony or Survival: Americas Quest for Global Dominance,2003,Metropolitan, New York p.225-32
September 18, 2008 2:47 AM | Report Offensive Comment
O'Victoria, O'Victoria, O'Victoria,
Hmmm, and you have proof of all these claimed charitable activities?? Sounds more Christian in action than Islamic if true!!!!
And as one who cared for, bathed, fed and buried with Christian dignity his aging parents, I would advise you to be a bit more careful about using generalities in your commentaries.
And you did not answer my questions on how you currently invest your savings.
September 18, 2008 12:12 AM | Report Offensive Comment
Lets leave "moral" issues for church. "Ethics" are very closely tied to morals, but don't need religious leadership to instate them. We can all agree, regardless of religion or non-religion that a society cannot allow theft. That's ethics. That's a secular ethical issue. Whether we masturbate in our own bedrooms? That's a moral issue. The morality of it depends on whom you ask. So, lets take a step back and leave religions and moralists to their philosophising. All our banks need is good old-fashioned secular regulations.
September 17, 2008 11:07 PM | Report Offensive Comment
That last one was an intercept.
If they only knew.
It's all pretty simple. Then problems start.
http://www.purplemath.com/modules/intrcept.htm
I know who the boss is!
Message received...Good Bye and Good Luck
September 17, 2008 10:06 PM | Report Offensive Comment
Now I see. The house passed a bill to fund renewables so the GE Google lobbyists are getting ready to take some winnings from Washington. I knew there had to be a reason. It's like Let's Make A Deal and hand over more money for the good of us. What's behind door number three?
September 17, 2008 9:43 PM | Report Offensive Comment
I'd rather Ask the Post, than Google it. Basically I would rather roll with you than get rocked. Thre are too many boats rocking right now and the trains keep rolling. Hell the trains are making record profits. The boats are sinking.
September 17, 2008 9:28 PM | Report Offensive Comment
Time never runs out. There's always time to make a difference and what a difference time makes.
September 17, 2008 9:10 PM | Report Offensive Comment
I didn't know there was a doodle museum
http://images.ask.com/news?q=google&apimg=138538&o=101483&l=dis&qsrc=8
What if the whole world rocked?
Some of us would just say let's roll and get into action. I'm in the mud here and I'm going to stay in it until the mission is completed. What is faith without action? Stone cold dead. Keep killing them, you grunts.
September 17, 2008 9:07 PM | Report Offensive Comment
Hello Farnaz, you said "Will law enter into this at some point? As in investigations, culpability, prosecutions?"
Seeing as how the rest of the Bush administration has gotten away with peeing all over the Constitution and claiming all power concentrated in the presidency without a whiff of investigation, why would they start now?
The thing is, these problems that we're JUST NOW finding out about are SO deep, SO pervasive that there isn't any record of these dealings to find out who did what.
September 17, 2008 9:04 PM | Report Offensive Comment
I was and am and will be unsure of the market.
More bad News Corp. News Dow -449.36. They made some major moves to reinvent Wall Street and turn the market into the new news market and now the whole house of cards appears to be falling down on them. It's all wind and the sails look to be ripping off the masts. Ad venture capital met the investment bank crowd at the yacht club and now it's getting a little sporty. The boat's are listing and the investment banks are burning their books. The Wall Street Journals in a frenzy writing all the bad news and what's a poor broker to do? Go broker. I'm to the point where I'm just asking questions at Ask http://news.ask.com, because who knows what the answer is? Ask says, Word that Google would be purchasing Half-Life creator Valve Software are swirling around. Now the Post is Googlized here and I'm thinking, does this mean the Post could turn into some sort of Half-Life hack site dedicated to AI and is this site going to become AIGoogle or what? Fire the staff, burn the books and artificial intel can land us in News Corp. la-la land here. Google and GE have some sort of new lobbying deal for renewable energy as if saving money weren't a good enough reason to do it. Big companies lobby and now they are lobbying jointly. I guess once we get to the Half-Life stage of the game the presses can stop rolling and we can all become avatars here and trade tales of woe in real time. I kind of like the old plan. Get up, have a coffee, go from half awake to fully awake, walk up and get my morning paper and have more coffee. I'm going to keep checking with Ask and try to get to the bottom of things. It looks like the market is getting to the bottom and the bottom will drop out. The bottom will drop out and then what? Half-News Half-Life? I wish I knew! I know I need a Scotch right about now or never! I don't know about you.
September 17, 2008 8:57 PM | Report Offensive Comment
My investments are ore of a spiritual treasures in heaven kind LIB.
For instance, I didn't touch any curency for an entire year when I ran a program feeding 100 homeless people a day in vebice Beach, nor did I receive a salary for helping to bring a class action suit against the Cadillac Hotel to protect the rent controlled apartments for the 50 holocaust surviviors that lived there and were being booted (we won, by the way)
Nor did I make enough to invest when I worked with young people with Cerebral Palsy for the United Way (who, by the way- TOOK 10% of my income, OVER my objections) and paid minimum wage with no benefits)in a transitional residential setting, helping them towards independent living.
Nor the years I spentat Disabled American Veterans as a volunteer with Vietnam era vets.
Nor did I receive a salary with noting te many years I worked with (PWA's)people with AIDS,
Nor when I worked for the State of California with neglected and abused senior citizens-
Nor the Senior Homes I worked at taking care of the parents of the rich and comfortable who only visited their parents when they were clse to death to rifle through their jewelry boxes-
Nor my last job where I worked 72 hours a week- half of that volunteer- and got paid for 36 for the homeless shelter for abused women and children.
Shall I go on?
I can, but don't want to bore you too much.
Yes. mine has been a life wasted in pursuit of service to my fellow humans, hindu,christian, muslim, jew, atheist, you name it.
So, no LIB- there is no money under the bed TO INVEST.
While you were investing your monies, people like myself were caring changing the diapers of your aging parents, showering,celaning and feeding them- loving and keeping them from sinking inot lonely depression, singing songs and lightening their lives.
Yes, a wasted life indeed.
September 17, 2008 5:30 PM | Report Offensive Comment
Before you think about change and using something new, you better be sure of what the results will be. We went through that with pesticides and ended up with all kinds of troubles. It made people a lot of money. Now instead of spending on the environment, millions of dollars are being spent on campaigns to fix the political system that the money broke to begin with. You end up with a bankrupt country and the natural environment going to hell to finance a pack of lies to watch a pack of wolves fight about nothing on television. Turn off the TV honey. Watch Wall Street change their tune or watch more failures. In any case, the bailouts are plain old stupid. AIG wants more cash to continue lying to themselves, while they cheat us. We might as well all check into the hospital tonight and ask for Dr. Kovorkian while we're at it.
September 17, 2008 5:26 PM | Report Offensive Comment
PRIVER wrote: What is happening to our country??
We have been complacent, corrupt and willfully ignorant of what is being done in our name. Our institutions, economic, social, educational, religious and scientific have been drained of their original purpose and have been prostituted to base materialism and commercialism.
We are at the end of an age, just as Rome collapsed at the end of the previous age. As in that time, a great Teacher has come to point the way forward if mankind would survive. He taught through Jesus, who became Jesus Christ. That was the age old way for the greatest Teachers to work among men. The Buddha worked through the Prince Gautama, who became Gautama Buddha. Maitreya, the Christ, worked through Jesus in Palestine, and Jesus became Jesus Christ for the last 3 years of his life. Now Maitreya has come himself, with his group of Masters, including Jesus, to teach the way forward.
He is here to teach us how to save ourselves, for we must do the work. We in America must take charge of our country. No one is minding the store for us. We have to do it ourselves. If you are still thinking that someone will make this all go away, fogetaboutit. The past is dead The future is in the making now.
What kind of future are we making?
http://www.share-international.org
September 17, 2008 5:03 PM | Report Offensive Comment
O'Victoria, O'Victoria, O'Victoria,
So you make no investments? You put all your money under your bed? If for shame you invested money in a bank would you expect a dividend/interst on your investment? If so, where do you think that dividend would come from, Gibreel of Sir Salman Rushdie's book??
The current crises on Wall Street is simply due to overbuilding houses, condos, apartments, office buildings and shopping centers/malls. The oversupply resulted in a glut in the market. The value of these properties were reduced significantly and the owners/insurers of said assets/mortgages saw the value of their investments tumble significantly to the extent that caused some to go bankrupt.
And how goes the "fun and feasting" of Ramadan???
We assume Islamic law does not permit you to buy food and supplies from companies that pay a dividend on their stock!!!
September 17, 2008 4:32 PM | Report Offensive Comment
Jeff D.
I'm not so knowledgeable about economics, but I do know that the
"concept of the time value of money. Money to be paid in the future has a lower present value today," is a construction of modern economic theory.
And, as you can see from my own example, and Lehman Brothers, AIG, Bear Stearns, and Merrill Lynch- that there are downfals and corruption inherent in the system.
The point is not to be challenging and difficult.
The point is conscientious and scrupulous honesty.
September 17, 2008 4:08 PM | Report Offensive Comment
I lived in the Pine Forest in the mountains of the Great Pacific Northwest for several years.
Bartering goods and services is a way of life there.
I've also seen the many squabbles, disappointments, and buyers regret that was part and parcel of that system.
A man brought, some dates of a superior quality to Muhammad(peace and blessing be upon him).
He knew that the man only had inferior quality dates and asked the man where he got them.
The man said that he had traded twice as many inferior dates for the superior ones.
Our Prophet(pbuh) told the man to go and sell the inferior dates for money, and then use the money to buy the superior dates.
Money only has value if there is a consensus that agrees to the value of it.
If you ask someone to change a 20 dollar bill- the uspoken agreement between you is the value is based on an equal amount.
No one is going to argue that four 5's is not equal to a 20 dollar bill.
But people will argue that fixing the motor on my car was more valuable than my cleaning your house, for example.
After the house is clean of course.
Money for a fixed price that is accepted is not subject to squabbles.
Another wise practice before it's time.
September 17, 2008 4:01 PM | Report Offensive Comment
Jihadist,
I hope you take your moniker from the inner jihad, the inner striving, and not the other stuff that is too much in the news. Thanks for your comment!
Well, yes, loaning money at interest has long been defined as sinful in Islam and in Judaism, but I, as a non-believer, as NOT one of the People of the Book, have always regarded that as an interesting cultural tradition that got attributed, after the fact, to a command from God. For all I know, when Mohammed took his dictation from Gabriel and heard the sura that says not to loan money out at interest, no mathematician (not even the Arabians who brought the concept of zero out of India or later invented algebra) had clearly thought out the concept of the time value of money. Money to be paid in the future has a lower present value today, and no amount of business contortions can erase the fact that the time value exists. It can be disguised, or the lender can agree to ignore the time value and "lose" money on the deal, but the time value is still there, whether it is called "interest" or something else.
It's certainly a challenge to structure a transaction so that the participants can convince themselves that no one is paying and no one is earning "interest." Many creative people in Islamic finance have devised lots of clever, roundabout methods. To me, this whole enterprise seems a lot like the reason that certain Chinese sages supposedly went fishing with straight fishhooks -- it was supposed to be challenging and difficult. Just as many Orthodox Jews will say that one of the main points of having 613 mitzvohs to obey is that it forces the pious believer to put a greater investment of effort and time into piety.
"Hypocrisy is the tribute that vice pays to virtue." -- LaRochefoucauld.
Peace be upon you.
September 17, 2008 3:53 PM | Report Offensive Comment
A salaamu alaikum and Ramadan Mubarak Jihadist,
I was waiting for you to show up to educate us about Islamic financing. Thanks.
I've only been Muslim for 9 1/2 years.
But for all of my life (I'm 47) I have watched all of my friends and associates live way beyond their means, people I work with, making the same money that I did- buying cars and entertainment systems and clothes and that were beyond my own budget.
I actually read the fine print, and decided, as a Christian (at the time) that usury was unethical and immoral. And as an intelligent person, it seemed penny wise and pound foolish to pay a stranger an extra 20, or 30 cents for every dollar I spend.
So, if I cannot afford something- I don't buy it.
And I do without some of the luxuries others have come to consider necessities.
Now, I am also doing without the debt.
I didn't envy the lifestyles of my friends when they were living them, and now I do not envy the extraordinary debt that almost every american suffers from now.
When people ask,"What is so great about Islam?"
This is one of its aspects that is both practical, and very forethoughtfully WISE.
The same ones who laughed at my foolish self restraint in not jumping on the gravy train and riding it for all it was worth,
now appreciate the wisdom of that restraint as they struggle to pay off credit that never touches principle, and appreciates in a debt that is designed to follow us to old age and the grave.
Tell us more Jihadist!
September 17, 2008 3:48 PM | Report Offensive Comment
Greed make our Economy out of balance, and will cause many problems today.
Why are the Racial Youth today, who were given an Unequal Feeling of Equality, having a Religious Downer? Also, Many Religious Adults are Changing to be Atheists.
How can Youth and Adults Compete with the Population Explosion? How can the 'Have Not' Youth and Adults, Compete with the Humans who 'Have' three and four times their Needs?
The Pressure of All the Adult Heterosexual Male and Female Pleasure Flesh Lusts, In and Out of Marriage, have made the Population Explosion.
LGBT Sex does not Reproduce. So Heterosexuals should Change to that type of Flesh Lust, to stop this Population Explosion, or the Population Will Be Thinned Down, by a Human Planetary Nuclear War.
Are God's Resources on Earth, Endless, or Limited to Earth's Population?
Are the Blessed Adults, with More than their Fair Share, Willing to give up their Blessings from God, to help the Starving and Homeless Poor, and the Start the Re-Greening of God's Nature System?
Are Humans using up God's Resources on Land, Sea, and in the Atmosphere, with their 7 Billion Humans by 2011?
What is going to be the Result of all their Excessive Material 'Things', and Nuclear Weapons on land and sea?
Does God only Bless the Rich? Because Most Humans do not Believe in the Right Christian God? Atheist and other Religious Humans are Rich also, by their God and No God.
Was it easier to Follow God with Joy, when God Blessed the USA with more than other countries? Many Poor Humans that could just get by, started having Credit for "Things", the Blessings from God.
Now that Man's Credit made a problem of Greed, with more than one of everything, the Joy of Possessing God's Blessings, is breaking the Bank.
September 17, 2008 3:02 PM | Report Offensive Comment
Priver,
Thanks for the post. Scary stuffright out of the wild west. Modern-day carpetbaggers. Mafia money men. Will law enter into this at some point? As in investigations, culpability, prosecutions?
September 17, 2008 2:54 PM | Report Offensive Comment
Maybe we'll all learn a lesson from AIG and move in a better direction. The direction we are going now leads to death.
"Stocks sink after government bailout of AIG"
You can't fix the problem with the same level of thinking that created the problem. The bailout just makes other things sink. The investors voted it down with their wallets. So propping it up with the public purse only sends a bad message. The message is, we know nobody had faith in you, we know better we will help you make your business work. It's like saying to the investors, you were wrong about this and the investors say we don't think so. The result is that more investors abandon other ships before they sink too. They can't bail the rest out, because they should not of bailed out the others. It's like Cuba on Wall Street and it's a big bay of pigs splahing about on the beach. What can you do? Get some booze in the blender and keep your books open. Have faith, the presses keep rolling, so invest in the newspaper and book publishing business. We are going to need more paper and new business books. Ink is always a safe bet, along with soap. The high tech angle is a highwire act so don't get to high. It's a long way to the bottom. It's not the crashing that is the worry, it's the burning. Drink plenty of water, take two aspirin and get a newspaper in the morning. It might look bad now, it always looks better on paper though. Depending on what color the paper is of course.
September 17, 2008 2:15 PM | Report Offensive Comment
And again the Reality Challenged and Obfuscating Jihadist fails to address the basic flaws and errors of Islam so eloquently noted by Ayaan Hirsi Ali and Sir Salman Rushdie. Why is that? Fear of Malaysian, Islamic blogwatch goons?? Yes indeed!!!
If she ever does get out from under the goon watch, she should follow that with comments on the effect of Islamic terror on global economics/Shariah business practices starting with the Sunni-Shiite, 800-year blood feud presently being carried out in the Middle East.
September 17, 2008 1:05 PM | Report Offensive Comment
As a layperson, I couldn't say with any certainty I had any understanding of what this whole wall street mess meant.. Until I listened to the radio.
What I learned scared me. Somebody was taking bets on whether or not all those sub prime folks would be able to pay back their loans. They took so many bets about people that they bundled them together with the loans themselves and sold them to other companies. Made those other companies sign very complicated contracts that even an executive for Lehman Brothers themselves said their own bosses didn't know what they were signing. (and just for speaking out, was fired promptly the next day). Somebody went to the insurance companies and got them to underwrite these transactions without calling it 'insurance' in order to avoid regulation, so they didn't have to follow any rules.
Somebody made a MINT on these transactions. The regulators were nowhere in sight. Anyone who noticed problems were shut up, shut out or fired. The companies that are supposed to rate these investment companies gave them higher ratings than they should have because the ones asking them to do this was... the Wall street firms that they were supposed to be regulating. The fox guarding the henhouse.
One of those somebodies was Phil Gramm. Yes, the Texas senator good old boy was the one who convinced the insurance companies to be complicit in this. Who got insurance companies to guarantee payments on these bets with disregard to the rules.
The SAME Phill Gramm whose own wife sat on the commodities commission when the first steps to deregulate the industry were taken at the tail end of the Clinton years. And approved such measures.
The same Phill Gramm that is one of the leading, if not THE leading economic adviser to Republican presidential candidate McCain. The same one who calls us a 'Nation of Whiners.'
While he is by no means the ONLY person involved in this.. it's really striking to me as a layperson and registered voter how much I keep hearing his name come up over and over again.
People better wake up and smell the danger here.
Gramm was involved in this and is now involved in McCain's campaign. McCain, by the way, who with his formidable number of years in the Senate was in a position to do something about this.. and didn't.
People better demand a President who has a firm grasp of economic policy. McCain has admitted already that it's not his 'strong suit'. Can we afford four more years of 'not my job'?
Palin is WAY out of her league here. She is no more qualified to hold executive office than I am. I've had illnesses longer than she's been in office.
We HAVE to get back to the issues in this election. People's lives are at stake here. Our financial collective futures are on the line here.
I am a layperson.. but if I can understand this, why can't other people look past the 'lipstick on pigs' and really get back to what matters here?
What is happening to our country??
September 17, 2008 1:04 PM | Report Offensive Comment
Hello Jeff D,
As for the question : "Are the economy's recent financial failures also moral failures? Are credit and debt religious issues? Do you have faith in the economy?"
Your response : "Sweet Jebus! Must the editors of this site attempt to tie EVERYTHING to religion?"
Actually, credit and debt is a religious issue in Islam. Or, to be more specific, usury. Hence, the development of Islamic banking and financial services. A fundamental principle is the sharing of not only profits between lenders and borrowers, but risks too.
It is not perfect as yet, still being developed, still questioned and discussed by some Muslims on some of its aspects as to whether it is truly Shariah compliant or otherwise. Islamic banking and financial service is so far largely spared of the toxic waste and crammed down risks cooked up by Wall Street investment bankers and LBO firms.
Cheers
J
September 17, 2008 12:05 PM | Report Offensive Comment
The cartoons are worth the price you pay for the whole newspaper. Win, lose or draw you can't please everybody.
September 17, 2008 11:04 AM | Report Offensive Comment
Why have a on faith's site when you allow cartoon's that make fun of people belief's. I am not understanding this. Of course I am referring to Pat Oliphants comic strip printed on Sept 9th. It was offensive to thousands of people and I am sure you have already heard from many.
September 17, 2008 8:54 AM | Report Offensive Comment
"Are the economy's recent financial failures also moral failures? Are credit and debt religious issues? Do you have faith in the economy?"
Sweet Jebus! Must the editors of this site attempt to tie EVERYTHING to religion?
The toxic waste (worthless or nearly worthless CDOs and other exotic mortgage-based securities) that has poisoned the financial system and led to the current credit crunch and loss of confidence is a result of simple human greed or acquisitiveness getting the better of rational judgment. We certainly could classify that as a moral failure.
But more scripture-reading, more prayer, and more readiness to believe nonsense on insufficient evidence would not have prevented the current mess.
No, I don't have "faith" in the economy or in any other human cultural institutions. I can have "confidence" (in greater or lesser amounts) in the U.S. financial markets, in the probity of the Federal Reserve, and in other institutions based on my actual observations and experience of the judgments made by people working in those institutions, based on how rational and appropriate their decisions and actions have turned out to be. "Faith" (as in "persistence and certainty of belief, regardless of the evidence") has nothing to do with it.
September 17, 2008 4:03 AM | Report Offensive Comment
It speaks for itself, so some things can never be and other things are best left alone like me. Goodbye.
September 16, 2008 10:24 PM | Report Offensive Comment
"The moneymen have finally bamboozled even themselves with their own bulls**t."
So it's unlikely more bulls**t will save them even if we now call it by a different name, like bailout.
September 16, 2008 10:20 PM | Report Offensive Comment
Bittersweet, but freedom is good, goodbye
September 16, 2008 10:14 PM | Report Offensive Comment
I did the three doors down thing. It's like let's make a deal and a total waste of time. They take you to where you've never been and you don't need to be. Then you think it over a little. You then do some figuring and reach logical conclusions. The conclusion I've reached is this, with a little help.
Free and independent. Yes. Free and equal. No.
That's why we have a Declaration. Then we have all this legislation to make us think we are equal when we know our rights. "My pen is always freer than my tongue." It never changes. People just want to afflict you with their problems so they become equal in measure and become your problems. You get brought to reason or ruin and that's just business, that's life. God gave us a free will and we are independent to exercise it. We are equally capable of being brought to ruin. My crisis is not equal to your crisis. My crisis is different. You are independent, so you have your own crisis. We are both free to solve them with reason. The alternative is ruin and we have witnessed plenty of that and we will witness more of the same. Some things just can't be helped, so the bailouts and rescues only continue the crisis while ignoring the fact that ruin happens for a reason. Reason never creates ruin. There are a lot of unreasonable people so there will be a lot more ruin. You can't save everybody, all you can do is act independently and hold on to freedom and celebrate liberty. You don't have to search for it, because you were born with it. They want you to search for it as if what you were born with can't be found, when everything you need is within you. Everything else is in the newspaper or a book, so the free press rolls on and the business of ruin gets reported and there will be more ruin to report, so stay independent and stay free. That's a reason to believe, to have faith in the future instead of searching for the future.
September 16, 2008 9:57 PM | Report Offensive Comment
It's worse than chaos on Wall Street, it's computer chaos. Workers are getting the boot and there's no way to reboot the machines to produce good numbers. It proves that economics is not about math, it's a social science. You can't automate it and expect it to work right. Information needs organized, so you need librarians not a bunch of technicians. If I was working on Wall Street I think I'd build a few libraries and forget the computers or at least ignore them more. It takes time to research something. They have all these people pushing buttons on terminals and nothing is being generated except for chaos. Add more computers and technicians and the chaos is searchable. All you find from a search is more chaos. Go read a book, it solves the panic problem. Go to the library, the books are still free so there is hope for the future. I know, we are going to scan all the books and close the libraies and all get rich with micro payment. Go macro50.
September 16, 2008 6:34 PM | Report Offensive Comment
I.
While the desire to acquire things you can use to make a better life for yourself and your family is a commendable moral stance, what we've seen in the housing meltdown and other financial panics (the S&L debacle of the '80s comes to mind) is a greed that easily crosses this line into the immoral. Everyone who "got rich" at the time KNEW the fundamentals were not there, that their "clients" were getting into more mortgage debt than they could handle with no out when it came time to pay. The brokers, banks and lenders all did it anyway because of unmitigated greed. One could call this pure capitalism, an amoral approach to making a iving, but that would be rationalizing (lying to one's self). Greed is immoral, in part because it causes otherwise "good" people to treat others poorly, like they themselves would not want to be treated. So yes, the economy's recent financial failures ARE moral failures, not by the system, but by the individuals and corpoartions who gave no thought to their clients while soaking up every dollar possible (and the people who took the bait).
II.
Funny to think of money and morality in the same breath, other than understanding that one can serve God OR mammon (money in this case) and not both at the same time. But there is ample warning in all Holy Books about debt and lending, and always those who ignore those warnings do so at their peril. So, does ignoring a moral guideline (don't take on too much debt, don't abuse your debtors, etc.) make those involved immoral? I have to suppose it does, or I have to ignore the advice of a real and loving God. Not everyone who sins is looking to sin, but those who do not listen to warnings get sucked in to sin and this is but one simple example of that.
III.
I have faith in the American people (and in people generally), but the economy? That is a nothing, a byproduct of our toil and efforts, not the other way around. You're asking as if the economy is another person walking around and talking us into bad decisions.
The point Americans seem to miss is that each of us is ultimtely responsible for our actions and decisions. That is the basis of American democracy, the one fundamental freedom we exercise daily. Those who choose to let "the market" or some broker make financial decisions for them can expect to get hammered for that choice. This ain't rocket science.
September 16, 2008 4:53 PM | Report Offensive Comment
It is a degradation of the human spirit. It is the new slavery. We do not give it the name but such it is.
I'll tell you what it is. Google. They cobble together a bunch of dotcom scraps from the scrap pile, organize it at Stanford and launch dotcom 2, infect the whole world including the newspapers with non-sense. The VC investors pump it up, everybody buzzes and babbles about how easy it is to find everything. The problem is it doesn't matter. Think of all the effort and thought that goes into the daily paper and it sells for half a dollar. Google is the opposite of this. They buy a lot of computers from the bankrupts, lash them together and you have a new dotcom wonder in one package. Everybody gets to be a control freak and they have an ad monopoly, so the newspapers have to give them a cut of dying revenues until all the newspapers are dead themselves and Google can buy them like they bought the computers to start with. It's a world domination scheme, just like AIG. It's not difficult to see how it all ends. Too many people with too many computers and too few livestock. Ranching is hard work, so they are building server farms to generate more little ads and money for nothing. Maybe we'll all learn a lesson from AIG and move in a better direction. The direction we are going now leads to death. The same people doing this are going to get rid of paper and ink along with the penny. The nickel will be the new penny too. Read the newspaper and turn your brains back on. The staff at the newspaper did all the searching for you, so you could do something else like live, hit golf balls, take care of the kids, eat or whatever. What did Google do? I'm sure it was cool. It's basically nothing but a corporate cult of impersonality. We can close the libraies and have Burning Book like they had Burning Man. World class morons. There's a God and he's on paper. Check a dollar bill, if you still have one. Nothing really ever changes much. Wealth is true or false. You have people like me with no love, so we don't really care if the whole thing falls apart. We are more concerned with Houston and real problems needing solutions. Searching for solutions is like searching for love and Google can't help. I sent all my love to Houston and hopefully they'll find some more.
September 16, 2008 4:03 PM | Report Offensive Comment
"The Great Approach", by Benjamin Creme: published by Share International Foundation, 2001 : page 22
World stock market crash
The stock markets of the world have been going through a dizzying, yo-yo-like effect over the last few years. We have seen a rise in the Dow Jones index to about 11,000. It goes down 600 points one day and a few days later it comes up 400 points. Then it drops another 200 and then up 300, and so on. This is happening in different bourses around the world, and creates a yo-yo effect which is so unstable that no government, country or economy is unaffected.
To justify the level at which the Dow Index currently stands, the US economic growth rate would need to be about 10 per cent per annum. In fact, it is nowhere near that, so a bubble is being created. That bubble will burst and with it will come plunging down the stock markets of the US and the world. All the factors that were there in 1929 are in place today.
In 1988-1991 Maitreya issued a series of prophecies which have come to pass with uncanny accuracy. One was that there would be a world stock market crash which He said would begin in Japan. Japan then was at the height of its economic power. The Nikkei Average stood at 40,000 points. Within a year the collapse began to take place. He called it a bubble that inevitably would burst and bring down the rest of the world’s stock markets with it. That started in about 1990 and in a very short time dropped as low as 14,000. Today, by dint of the constant inputting of billions of yen into a kind of bottomless pit that has no effect on the economy, at the time of writing the Nikkei Average is between 12,000 and 20,000 points, half of what it was in 1988.
It is a bubble that all Japanese know has burst. It reflected itself in the collapse of the Pacific ‘Tiger’ economies — Thailand, Indonesia, Malaysia, South Korea, Singapore and Hong Kong. This was followed by Russia, Brazil and Mexico. They were propped up by the infusion of billions of dollars of aid from the International Monetary Fund, the World Bank, and from the central banks of the world. Every two or three years the same thing happens. There will come a time when the aid will not happen, and that very soon.
The US Government cannot maintain that bubble in the US, unrelated to the nation’s true productivity. It is simply not feasible, and Maitreya is not the only one who has warned against it. Every senior economist in the world who has given an opinion has voiced it as a possibility, or even certainty in some cases, that there will be a world stock market crash. The only thing they do not know is when it will happen.
Maitreya first made that prediction in June 1988, and with every day that passes it becomes more and more likely to be fulfilled. The higher your stock market goes, when you clap hands and congratulate each other, the more likely the collapse will take place. To hear someone say, as I am saying, that the best thing that could happen is a stock market crash must make you wonder if I live on air or I am absolutely crazy. I am not crazy and I do not live on air.
Maitreya calls them the gambling casinos of the world. They have no function vis-à-vis the true trading system of the world. Ninety-seven per cent of all transactions on the world’s stock markets are currency speculations. To the Masters, speculation is the major disease of humanity, which is driving us not only crazy with greed, but also to the edge of self-destruction. The best thing that could happen is the collapse of the gambling casinos which are simply agencies for greedy minds and idle hands, as the Masters put it. They have no true function. Only their end will bring humanity face to face with the reality. The governments are not in charge of their economies because they are not in charge of their currencies. The value of any currency, or the mode of action for or against a particular currency, is in the hands of a group of about 200 men and women in every country.
The financiers, speculators at certain great institutions, use your money that you have put aside for your retirement, for example. All the big insurance companies and banks gamble like everyone else on the stock markets. The world has changed from being semi-religious to being totally religious, but the religion has changed. The new religion is money. Money is the great altar at which everyone worships today. Everyone is taken up by greed, by the possibility of making quick money. The internet is fostering it. You have the NASDAQ Index, which goes up and down like a bigger yo-yo than the Dow Index.
Every avenue which could promote the well-being of humanity is being used as a way of making a few people rich at the expense of everyone else. That is the nature of market forces. It is based on the big, self-evident lie that we are all trading on a level playing field. That is the theory. If you have free market forces then by the law of supply and demand the economies of the world would be regulated. Nothing could be further from the truth because we are not all at the same level. You cannot compare the trading strength of America, Britain, France, Germany or Japan with Kenya, Tanzania, Zambia or Nigeria.
We in the West live our well-dressed, well-motorcarred lives at the expense of the health and well-being of the people of the developing world. It is gross and indecent. Maitreya calls it a blasphemy. “For how long,” He asks, “can you support this degradation?” [Message 81] It is a degradation of the human spirit. It is the new slavery. We do not give it the name but such it is. Slavery has not died out. Slavery goes with every transaction on the stock markets. The time has come to end that disgraceful association, and it will happen by its own collapse.
Maitreya on television
When the stock market does collapse, as soon as it is obvious that it is on its final plunge, Maitreya will emerge. He will take up an invitation that He has received to appear on a major television network in the US, then in Japan. After that, all the networks will want to interview this extraordinary man.
September 16, 2008 3:14 PM | Report Offensive Comment
It's never too late. For some of the people, it's just never. AIG raced against the clock to avert collapse Tuesday. Well that seems to be going well and then Tuesday's gone along with billions. This is going to be the first country in history to sell ads for the poor house and go broke searching for our liberty and finding no love. We've gone from Burning Mortgage to the hip Burning Man and now for sport and recreation we are engaged in Burning Woman and virginity commerce across a vast web of greed. In a word we have reach the point of 'out'. Try the 9-11 diet Thanksgiving and stay locked and loaded.
September 16, 2008 2:37 PM | Report Offensive Comment
Too many houses, too many condos, too many apartments, too many offices, too many shopping centers, too many brokers, too many banks, too many mortgages, too many speculators !!! And the correction begins!!!
No religion involved!!!!!
September 16, 2008 2:35 PM | Report Offensive Comment
These are like the old days, the bad days, the all or nothing days. There's a ton of nothing and all can be better. It can always get worse as well. The ads are turning into loonitunes and the young women are on Google selling their virginity for a chance at greed. And then the Washington Post is all Googlized and the kids brains are being sold as pig feed and they're talking about lipstick and Sally is portrayed as satan and Jon son of satan. Go figure!
September 16, 2008 2:09 PM | Report Offensive Comment
Our failure in the realm of economics is merely a reflection of our ontological failure as a species. Just as the laws of motion, transmutation, energy, thermal dynamics etc. are specific in their nature and expressions, so too, are all the immutable natural laws that govern Man. Just as their are equations which express, with EXACTITUDE, laws that govern flight, there are precise laws that express themselves with regards to human thought, and behavior. Thus, all expressions of human plight, and suffering derive from a confluence of ignorance, and the conflict between will and desire due to the misapplication of Natural Law! And because the universe, despite the conjecture of "scientific accidentalism", is impersonal and without the relativism of morality, we MUST correct our trajectory for no deified personality is comming to save us!
The Failing Economy and the Falsity of "Lack"
Through the ages, the greatest mistake made within large cultural systems is that altruism is seen as an option, when in fact, in a unitary existence, it is an uncircumventive necessity! Therefore, all our problems in society intersect at this extant point of misapplication. And our bad economy is just one expression of this Cosmic misapplication. One could give a long explanation. But what we need is individual revelation, not more complex explanations from "experts", who themselves are stumbling in the dark, as "masters" of false concepts.
It's real simple, euphemistically expressed as: "Man cannot live by bread alone"! It all comes down to the idea of whether life is merely a Darwinistic contest between humans to see who can attain the highest level of economic survival. Or, is material a given, needing only a substantive purpose, and cooperation, to eradicate the created falsity of "lack", allowing Man to be what he truly is- "the pres ence of perfection living the life of God in Man"?!
If we change this one element, the generations that follow us will look back in disbelief that we were such slaves to the assigned-extrinsic-value of money, and the created falsity of "lack"!
When the purpose change, all will change with it!
September 16, 2008 1:38 PM | Report Offensive Comment
Don't be so concerned with what Jon or Sally think they can change. There is a new game of O50 in the works involving the Washington Post and Google. We'll see what lasts and who is last. If you watched AIG meltdown, the next fire could be bigger than burning man and a lot more fun! This could get sporty, so be good sports kids. We'll bring the lighter fluid and faith is armor. Keep firing away and aim higher.
September 16, 2008 1:14 PM | Report Offensive Comment
Yes. No. Maybe.
We go O50 and people get all bent out of shape. It looked a little different on paper this morning. It was 504 in red ink. Yes, 5 n'0 and 4. It's ain't over. I have four people to think about here and they are certainly more important to me than I am to myself. This isn't the end, we're far from the end, this is just the beginning of the end with no end in sight. It's rough and it's going to get a lot rougher. Don't make it rough for the kids and stick with your own kindness. It's all the fashion, old fashioned so we'll see who gets sinked and how long it takes. This could take more time than you think or it could break loose in minutes. Good things come to those who wait and dreams do come true. Just don't make your nightmare ours and we can all get along to go along. It gets harder for some and easier for the better half. We'll keep the promise and watch for more O50 at AIG. Bite the Big Apple and watch the Big Money.
September 16, 2008 12:44 PM | Report Offensive Comment
Readers - this "On Faith" blog is nothing but blatant lies by people (Meacham and Quinn) who are trying to rewrite the Christian faith as it really is.
They are workers of the democratic party who have aligned themselves with false teachings abounding.
Their columnists, their columns have absolutely NOTHING to do with real Christian teaching. They are making this stuff up as they go along with the hopes of changing this country from a country with Judea-Christian values to a secular country without God.
Make no mistake these people do not know what they are talking. Search the scriptures and there you will find the true answers.
September 16, 2008 12:20 PM | Report Offensive Comment
I'm too busy to be afraid. It's been fun here, but things need done and I need to check out. I'll check in later. Until then, I hope you stay busy.
September 16, 2008 11:26 AM | Report Offensive Comment
V.R. SONTI writes:"... we left in the quandary described by Dostoyevsky in "The Idiot." What are we to believe ! "
Belief is not reliable. The mind is the slayer of the Real. Experience is reliable. What does your heart tell you is the truth? Trust that, for it is your Guide speaking.
September 16, 2008 11:22 AM | Report Offensive Comment
I am afraid to say this but the Holy Bible gives no firm guidance on this subject. On the one hand we have Jesus (Sermon on the Mounts) giving us an ethic that matches Buddhism and one that inspired Leo Tolstoy and Mahatma Gandhi: and on the other we have St. Paul suggesting something different. From him ultimately derive both Calvinism and its "populist" modification, Arminianism. Thus we get the Received Standard American Form of Christianity preached by the Evangelical Churches. This is matched (imho) by the Isareli reading of the Old Testament. If we combine the two as Popular Judeo-Christianity; we have (imho) the exact opposite of Jesus' teaching (however garbled they may appear,) in the Gospels.
Thus we left in the quandary described by Dostoyevsky in "The Idiot." What are we to believe !
September 16, 2008 11:16 AM | Report Offensive Comment
I'm for more. Oil and banking were good in the past. Maybe Newspapers and banking will be good in the future. They both have ink and paper in common, so there's common ground. Now it's all oil and politics, while the old machine goes broke. I have faith in more Big Money. Somebody has to.
September 16, 2008 11:09 AM | Report Offensive Comment
Capitalism is a little bit religious. It's based on people reaching higher for a better future. Socialism is based on lowering standards so everybody can be happier with less. The best way to fail is by trying to please everybody. It can't be done and with capitalism anything is possible. You can't have 'too many banks'. One central bank is a bigger problem than 1,000 banks all over the country. Some people will fall and for anything and many do.
September 16, 2008 11:04 AM | Report Offensive Comment
Too many houses, too many condos, too many apartments, too many offices, too many shopping centers, too many brokers, too many banks, too many mortgages, too many speculators !!! And the correction begins!!!
No religion involved!!!!!
September 16, 2008 10:53 AM | Report Offensive Comment
The increasingly large gap between the rich and the poor, and the obscene salaries/bonuses of CEO's and their "people", signify the greed which has passed for normal for the last couple of decades. The dominance of greed is a moral failure. All institutions are now empty shells of dogma and habit, which is why there has been little more than cat fighting passing for dialogue. But the New Wine comes, is in fact among us, and all will be renewed.
See Him and rejoice.
Many times over the years have I said that Maitreya was emerging 'soon', and thus has this expectation been kept vividly alive in the hearts of millions. That His full emergence has not taken place is not a sign of perfidy on My part, but rather a result of the extraordinary nature and difficulty of this enterprise. Men in general know nothing of the laws which govern such an event, nor of the boundaries to Maitreya's action which these laws create.
Also,We, your Elder Brothers, work outside and beyond the notion of time, and find difficulty in placing Our insights and information before men whose understanding is till governed by the 'fact' of time. Nevertheless, when all is said, this present 'time' should be seen by men as the anteroom in which Maitreya patiently awaits the signal to emerge openly on to the world stage. The present chaotic conditions, especially in the economic and financial fields, have tipped the scales and made possible a decision on a period which men themselves would welcome as 'soon'. It will not be long, therefore, until the Great Lord begins His open mission, albeit undeclared. Watch and wait with a sure understanding of His priorities, and so miss Him not.
How will humanity view this extraordinary man, like non seen in recent memory yet obviously one of us? how will men respond to the simple truth of His utterance? And how quickly will men respond to His analysis of their plight? It is not possible to know precisely how men will react on first experience of Maitreya. The Great Lord will be circumspect and relatively restrained on first appearance lest He drive away those who need time to evaluate His thoughts and judge their relevance. Soon, many We surmise will gather round Him, eager to see adopted the changes He advises. They in their turn, will stir their brothers and sisters to consider these seminal ideas, and to launch a crusade for sanity in world affairs. These ideas, requiring a complete reconstruction of our present way of life, will gradually appear more logical, more practical and achievable than first they may have seemed, and so a great wave of enthusiasm for sharing and right relationship will sweep across the world. Maitreya, Himself, will potentize these natural stirrings of right thinking among the nations, and will work to foster the growing public yearning for a new direction.
Thus will Maitreya work through men to sow the seeds of the New Garden. Thus will He engender in men a longing for the real and the true, for the manifestation of love and justice. In this way does the Great Lord serve humanity, showing them the way to live within the Spiritual Laws. Thus will the Lord of Love reveal Himself to men; as a Brother, a Friend, a Way-shower, a Traveller, like them, on the Way.
See Him soon then and rejoice; join His ranks and serve; awaken through Him to your divinity.
A Master's message
published in Sept. Share International magazine
http://www.share-international.org
September 16, 2008 10:30 AM | Report Offensive Comment
Your question is a loaded one as usual. I will answer as a Christian. I'm not sure what your intent was when you asked it.
Yes, I believe financial failures are religious and moral issues. Spending habits are totally out of control. If we use the Bible as our plumb line, we should stay out of major debt and if we have to go into debt for anything (such as our home or car) we should pay it off as soon as possible. We should not live beyond our means and make sure we are giving God what belongs to him. That would be 10% of our income, our tithe. That would turn things right around in this economy.
Unfortunately our society is full of lust (and I don't mean sexual), we see something and think we deserve it. We just have to have it. No, if we know we can't afford it we should not get it until we can.
The recent collapse of some of the large financial instutions is a matter of greed. They wanted to make allot of money and gave all kinds of loans and people fell for it and now we're in this situation. I don't think the government should bale any of the institutions out or the people who made bad decisions. We all need to become more responsible for our actions.
September 16, 2008 10:15 AM | Report Offensive Comment
Your Arms Feel Like Home
I think i've walked too close to love
And now i'm falling in
Theres so many things this weary soul can't take
Maybe you just caught me by surprise
The first time that i looked into your eyes
There's a life inside of me
That i can feel again
It's the only thing that takes me
Where i've never been
I don't care if i lost everything that i have known
It don't matter where i lay my head tonight
Your arms feel like home
Feel like home
This life aint the fairy tale we both thought it would be
But i can see your smiling face as it's staring back at me
I know we both see these changes now
I know we both understand somehow
There's a life inside of me
That i can feel again
It's the only thing that takes me
Where i've never been
I don't care if i lost everything that i have known
It don't matter where i lay my head tonight
Your arms feel like home
They feel like home
(hold on, you're home to me)
There's a life inside of me
That i can feel again
It's the only thing that takes me
Where i've never been
I don't care if i lost everything that i have known
It don't matter where i lay my head tonight
Your arms feel like home
They feel like home
3 Doors Down
September 16, 2008 9:58 AM | Report Offensive Comment
Almost counts in horseshoes and hand grenades. You get there and there is no there there, so you keep going and there you have it. It usually depends on where you start. The future never ends, it's always beginning and we are just in the middle. Avoid the ditch to the far left and the ditch to the far right and keep going on the road of life. Don't go too fast, for love is slow. It just seems fast, so avoid fast women. Trouble shall always pass and people are rushin around like there is a shortage of time. There's a shortage of money and time is big enough to withstand corrections in the market, so you have Big Time Big Money and kids to think about. Little eyes are watch big guys fool themselves. They aren't fooling us. Maybe they think they are. Think again.
http://www.thebigmoney.com/features/todays-business-press/2008/09/16/all-eyes-aig
September 16, 2008 9:44 AM | Report Offensive Comment
Yes. No. Maybe.
September 16, 2008 9:02 AM | Report Offensive Comment