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Post by LuLu on Aug 19, 2011 20:01:56 GMT -5
Symbol__________Last____________Change
Dow Jones__________10817.65________-172.93
oil____________________20.97___________0.28
Gold_________________ 109.99___________5.79
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dent
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Account Suspended
Posts: 232
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Post by dent on Aug 26, 2011 21:56:40 GMT -5
I figure that if I work until I'm 93 my 401K should have enough in it for me to buy a box of Depends. Until then I'll just have to get used to being "moist".
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Post by LuLu on Aug 29, 2011 23:48:58 GMT -5
Symbol__________Last__________Change
Dow Jones__________11539.25_______254.71
Oil____________________22.20________0.547
Gold__________________103.72_______-2.64
Hope your 401K is still there by then.
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Post by LuLu on Aug 30, 2011 9:55:14 GMT -5
Symbol__________Last__________Change
Dow Jones__________11451.72_______-87.53
Oil____________________22.32________0.12
Gold__________________104.25________0.53
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dent
Full Member
Account Suspended
Posts: 232
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Post by dent on Aug 30, 2011 12:15:42 GMT -5
Why is it that when the price for a barrel of oil goes up $5, the price at the pump goes up 30 cents a gallon, yet when the price of a barrel of oil drops $10 the price at the pump only drops 3 cents?? OH!! I forgot!! It's Bush's fault!!
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Post by LuLu on Aug 30, 2011 17:31:33 GMT -5
Symbol___________Last__________Change
Dow Jones___________11559.95_______20.70
Oil_____________________22.55________0.35
Gold___________________105.17________1.45
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Post by LuLu on Sept 2, 2011 14:38:39 GMT -5
Symbol__________Last__________Change
Dow Jones__________11223.04______-270.53
Oil____________________21.95________-0.61
Gold__________________106.94________3.35
Wait till after this long week-end and gas will go down. Just look at the price of it now. Take my work for it and see!
Have no fear with Gold. Now is not the time to sell it. Just sit back and watch baby. You will make some money now! Its still going up more!! Happy Days are Here!!
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Post by Hoosier Hillbilly on Sept 7, 2011 15:06:38 GMT -5
Analysts from the National Bank Financial of Canada warned that the current debt crisis in Europe is not only financial or economic but also geopolitical, making a successful resolution more challenging and elusive. "The risks are growing that one or more governments will refuse to continue financing the bailouts and/or abide by creditor-imposed bailouts, thus precipitating a disorderly debt default." tiks Definition of GEOPOLITICS
1: a study of the influence of such factors as geography, economics, and demography on the politics and especially the foreign policy of a state
2: a governmental policy guided by geopolitics
3: a combination of political and geographic factors relating to something (as a state or particular resources*** *** My explanation: Now that we're no longer the big duck in the 'pond' ( financial leader in the world ), considering who is and how they operate [ top secret] all countries are playing to each other; a problem in one nation, because we're all in trouble causes problems in all nations. Wall Street plays to it all, there's no inside info anymore it's a world game with lots of cheaters, liars, and out-right crooks!Analysts think that market jitters *def* - state of widespread fear among investors, which may cause them to sell stocks and bonds, pushing prices downward.Unlike 'our' government 'stock brokers' are concerned about 'our' money, what it buys, how it works, and making a profit not Trillions of debt! Why? because they won't get any more of it if they screw up - unlike the gov again....are justified about the euro zone's permanent crisis mode and its inability to deal with the fundamental underlying problems. "U" got questions  [shadow=red,left,300]Keep'em simple and 'i'll try to answer'm![/shadow]Read more: community.nasdaq.com/News/2011-09/forex-flash-geopolitical-tensions-will-continue-to-impact-the-eurozone-debt-crisis-nbf.aspx?storyid=93533#ixzz1XIbFiDcM |
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Post by Hoosier Hillbilly on Sept 18, 2011 15:05:42 GMT -5
Wall Street News:Robert Lenzner writes the StreetTalk column for Forbes.com and anchors the StreetTalk video show. Previously Lenzner was National Editor and Senior Editor at Forbes Magazine, New York Bureau Chief of The Boston Globe and Wall Street correspondent of The Economist. Robert Lenzner’s Popular Posts Here's How John Paulson Made $5 Billion Last Year ExxonMobil CEO Says Oil Price Should Be $60 To $70 A Barrel The 400 Richest Americans Pay An 18% Tax Rate Soros Warns U.S. Could Be On Verge Of Dictatorial Democracy, (Obamas' backer & spokesman) ~~~~~~~~~~~~~~~~~~~~~~~~~ SOROS:: Multi-billionaire funder of leftwing causes and groups Founder of the Open Society Institute The prime mover behind the Democratic "Shadow Party" network See also: Guide to the George Soros Network Organizations Funded by George Soros and his Open Society Institute The Shared Agendas of George Soros and Barack Obama www.discoverthenetworks.org/individualProfile.asp?indid=977Only two years ago UBS paid $800 million in fines to the Justice Department for a multi-year illegal scheme to solicit wealthy American citizens to hide their wealth from the IRS by letting UBS move the assets to tax havens on behalf of 52,000 Americans. The fine would have been far greater had the Swiss government not intervened to warn the US off putting UBS in a fragile financial position. In 2008 the Swiss Central Bank had to inject funds into UBS to rescue it from insolvency. Best known is the $550 million fine paid by Goldman Sachs for defrauding investors in the offering of sub-prime mortgage backed bonds that were primed to fail. Further investigations into Goldman’s actions are bound to result in further cash settlements down the road. In Massachusetts GS had to pay $10 million for s0-called “trading huddles” where certain good clients were tipped to market news before the general public learned of them. Just for starters Bank of America has paid fines of $428.6 million for various and sundry violations including rigged bids for municipal financing business. More to come from investigations into the bank’s huge mortgage operation, much of it inherited from Countrywide Credit. Then, there’s the lesser known $1.2 billion paid by Credit Suisse, Lloyds-TSB and ABN Amro (part of Royal Bank of Scotland) for systematically and secretly violating sanctions against Iran, Libya, Cuba and the Sudan by accepting dollar deposits from those outlawed nations and aiding and abetting their public finances. A great part of these banned operations were done through shell companies established to hide the identity of the rogue state beneficiaries. Their crimes were uncovered by t he District Attorney in NYC, Robert Morgenthau. Or Citigroup which was forced to buy back from the public $7 billion in automatic rate securities and a $100 million fine as well as $75 million for hiding from the public a huge multi-billion dollar exposure to rotten sub-prime securities as well as well over $100 million for its role in disguising financing on behalf of the criminal Enron scheme. I’d say they got off lightly for their sins. Non-criminal sins sent the stock down from $48 to 97 cents and back up to $2.38 before a 1 for 10 split. They are not only crooked; they are incompetent. Many banks were caught up in the Madoff scam, but JP Morgan Chase is still fighting off allegations it should have investigated its many suspicions of Madoff. "WE" bailed WS out, nobody in wall street got arrested - NO ONE took the fall! Will it happen again? Does a bear s*** in the woods? ... or maybe on "US" tax payers again???
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Post by Hoosier Hillbilly on Sept 19, 2011 6:25:31 GMT -5
The following is a comment from "The Australian" newspaper concerning 'baby boomers' & retirement: What is needed is a BIG, BIG dose of common sense. Working people should never have been stupid enough to buy shares in the first place. In buying shares, working people are simply funding the profligate lifestyles of corporate executives and idle plutocrats who, as we have seen over the past few years, are self-indulgent buffoons with no greater understanding of the economy than you or me. It is time to rebuild what works: raise the old-age pension to a decent level and raise corporate taxation to cover the cost. Forget about forcing struggling families to lend money to rich, foreign loafers - Australian workers deserve to be able to look forward to a comfortable retirement and this should not be dependent on the vagaries of the stock market. If our current economic system cannot provide working people with a decent income, it is time to get a new one. My exact sentiments as pertaining to US plutocrats! plu·toc·ra·t n. pl. plu·toc·ra·cies 1. Government by the wealthy. 2. A wealthy class that controls a government. 3. A government or state in which the wealthy rule. ;D Just think of Nancy Pollutesie  “Nancy Pollute-si said "we have to pass the bill in order to know what's in it". ...shows the intellectual prowess of the party... *** Nancy Pelosi is among the richest members of Congress, with an estimated net worth of approximately $58 million, the 12th highest estimated net worth in congress. (( a plutocrat )) "&" another brilliant statement she made: Pelosi strongly opposed the plan ( Bush's idea to change Social Security), saying there was no crisis, as minority leader for the democrats; that was just before "ALL HELL!" broke loose  Yew! It looks like shes smiling ( and why shouldn't she be? {$58 million} but shes laughing @ "US"! |
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Post by LuLu on Sept 20, 2011 18:01:49 GMT -5
Looks like her face is gonna break any minute.
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Post by LuLu on Sept 20, 2011 18:14:17 GMT -5
Symbol__________Last__________Change
Dow Jones
_________________11408.66_________7.65
Oil
____________________21.84_________0.08
Gold
___________________113.45_________3.33
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Post by LuLu on Sept 22, 2011 14:13:56 GMT -5
Symbol__________Last__________Change
Dow Jones
___________________10681.26______-443.58
Oil
______________________20.2768______-1.2332
Gold
_____________________102.87________-7.34
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Post by LuLu on Sept 22, 2011 14:16:39 GMT -5
Don't buy gold yet wait a few days!!
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Post by Hoosier Hillbilly on Sept 22, 2011 14:54:56 GMT -5
“You had to read the Fed statement to know the economy is in the tank?”
This isn't a return of the recession "WE" went thur; the market dropping 1000 pts. indicates not only a ((( double-dip recession))) but a full depression.
Until gov. gets off it's 'dead ass' and starts acting like responsible adults putting their heads together and preforming as political paid participants to care on the business "WE" sent them there to do things will continue to get worse. ((( You think that can't happen - WATCH!
Employment, inflation, energy increases, cost of living prices {food}, it's going to get bad. Don't say I didn't tell YOu so!
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[shadow=red,left,300]Keep'em simple and 'i'll try to answer'm![/shadow]