Cesarnc's market talk, gossips, rumours & fun

Suck it Wall Street!

Ok, Let's wrap up.

Dow -300, now below 10k

Baby Giovana +50, now at 2kg

Suck it Wall Street

Jolie +1, now at 35 y.o.

http://p1.trrsf.com.br/image/get?o=c...2310-atm14.jpg

On the oil spill...

If there were people who could argue in favor of oil, they can now drop it. The recent BP oil spill says "that's it" for oil...

I mean, c'mon. Sucking up black shit made out of rotten dinossaurs and trees from underground and setting it on fire is what a 21st Century Society can call "technology"?

My solution: The Projet Manhattan for the Energy business... Countries must shove $1 trillion, $10 trillion, $ 100 trillion on it. Pick top 100 research centers in the world and make them pull out, in 5 years, a "oil free" solution. From transportation to agriculture, from plastic to whatever the hell has oil in the process...

Some fellas were thrown away down to the middle of the desert with only "E=mc2" in their minds and a few months later, nagasaki and hiroshima were toasted down to ashes.

Roubini: "Greece was just the tip of the iceberg...And the Americans too will run into the wall at some point if the carry on the way they are," he said in the interview published in German.

There is a guy you don't want to invite to your party.

On the oil spill II...

I keep thinking, maybe 50,000 years ago a pack of ETs came down to Earth to check out on that blue planet.

10 minutes after arrival, one guy goes "General? We spotted a buncha guys down there. They are chopping off trees, setting them on fire to cook a tiger".

The General goes "4 MILLION LIGHTYEARS TRIP FOR THIS? Learn how to toast a cat? Let's getta #$@$outta this place!!!".

50,000 years later, they come back to check on the evolution. "huh, General? Well, now they are sucking up black shit from the underground, set a spark on it below a hood so they can get 4 wheels to spin".

"Wha-what? Spinning wha-, are you kidding me? "

I have a feeling that the technology for a OIL FREE SOCIETY is all ready here.

It's just that OIL is to big to fail / do away with. How many billions / trillions of $ does oil generate a year?

For many years, I have heard of the oil companies buying the technology & putting it on the shelf in some warehouse to keep it off the market. That is of cousre, until the time is right & they make can make a buck from it & look good doing it.

Hey BP, it might be time to go to the warehouse. Once you clean up your mess here in the Gulf that is.

how do i say this without making a huge controversy and getting everyone to understand what i really happening?? don't know, so i will start a controversy.

what is bad about oil,coal,natural gas?? they are fossil fuels, and when they are burned thru combustion, they make various forms of pollution. as technology moves on, all of these fossil fuels have been been burned cleaner. but the thing that everyone has seemingly forgotten is that all of the chemicals are found on this planet. we have not imported anything from the out side universe that was not here originally. even an asteroid or comet that has hit this planet has the same stuff we already have, though released in huge quantites at the time of impact. or take a volcano, it releases massive amounts of co2 and sulfer when they erupt, more than we generate in years in a day or so. we could stop all fossil fuel burning tomorrow and yet we would still be in danger of being wiped out from an asteroid or a super volcano going off. what would it matter??

don't get me wrong, i want to keep the planet as clean as we can, but let's not get stupid. the earth will kill us sooner than we can kill it. if we can keep politics out of the equation, in the next 20 years, we can clean up the planet and get off of our dependance of fossil fuels and rely on renewable sources. technology and innovation will get us there, not these asshole politicians that say they are looking out for us. they don't give a shit in hell about any of us, they want us to be stupid, porr and subserviant to them because they think they are smarter and better than us. how did the g-20 get where they are, because of industry, not government. mostly because of the u.s. and free enterprise. i know, i am ranting, but it must be spoken. the world is at a crossroads, which way do we go?? the way of the reagan years or the european way???

the oil spill was on purpose. obama and his band of retards made sure of lax regulation and safety inspections so they could force chnage on us and take away our freedoms. anyone with a brain can see this. why do you think they hate fox news??? fox news has them exposed like a stripper on a pole, and stupid people cannot see her. he wants the world to be like cuba, where only the few have the power, noone can complain and their lives are controlled from cradle to grave. there was a bigger spill in the 70's, lasted 10 months and spilled 150 million gallons in the gulf. all the "experts" said the gulf would be dead for generations. in a year or two, everything was back to normal. what it did was make congress limit oil exploration, but there have been 30,000 wells drilled in the u.s since then in the ocean with no issues. this one failed due to a purposeful attempt by the obama admin so he can pass his cap and trade legislation and destroy capitalism. he hates it with a passion. he does not want people to be successful and make money. he even said in a speech that you can make money, but when you make a certain amount, that is enough and the reat should be taken by the government and redistributed to those "less-fortunate"!!! who is less fortunate??? what gives the govt the right to decide how much you can make?? but those elite who follow him blindly, well they can make as much as they want cuz they have the same philosophy as him.

i have the solution to fixing the world's energy issues and clean it up. DRILL, BABY, DRILL!!!!!!!!!!!!!!! by doing this we flood the market with cheap oil. sorry saudia arabia, but you will just have to rely on other things to generate income. try giving women the rights of men, guarantee the gdp will triple. by driving the cost of petroleum down, every countries gdp will go up, driving down un-employment. big oil will lose revenue and profits, but i am sure noone will care. raise the gas tax and use the revenue to fund clean energy projects and infrastructure. pass legislation that requires all school and public transportation buses to be fuel cell or electric vehicles in 5 years. also, pass legislation that requires all new home built to have solar panels, shingles,etc.. before they are sold in the next couple of years. in 5 years, existing homes must comply. allow individual homes to have wind generation machines to be on their property without undo fees imposed by local municipalities. allow wind generation farms to be put up where it is windy, even if it pisses of the local a-holes with their million dollar homes on the coast(cape cod)!!! there are other methods of generating power, use those as well. the big issue is going to be cars. i don't like the battery thing because they are toxic, what do you do to dispose of them?? you can recycle some of it, but there is toxic remains. we could dump it in the hawaiian volcano and burn it that way. i am thinking of pushing to fuel cell cars in 20 years. we have lots of water for fuel.

i know i fired a few people up, but look at the trees, not the beautiful forest that obama has shown you. every one of those trees says that your freedoms are at risk on it, you will be nothing more than a drone in the great borg cube he is making!!!!

It's a damn world we live in, that's for sure. I know, political and financial interests and all...

I read once a theory that says it will be almost impossible for us to contact alien civilizations because, eventually they discover uranium and if they are formed upon hostile states, they will blow up themselves long before we can contact them LOL...

We are in this exact path...

I still wonder how I will teach my daughter about some things 15 years from now. "how do cars work, dad?", "well, some guys we don't know sucked up black shit from the underground, it explodes right there under that hood so the wheels can spin"...

"woooowww.... You mean, there is a real EXPLOSION right there 3 feet in front of us??"

Solar energy and agriculture, guys. That's the answer. Free, clean, hot energy from the Sun and we can make from beer to space shuttle with agriculture. Iron? Well, we must consider dragging a goddamn asteroid to our orbit, crack it open and send the rocks down here through a pipeline... C´mon, that's what technology is all about.

Like I said, The Project Manhattan.

Madoff (not a joke)

One evening a fellow prisoner kept asking Madoff about the victims of his $65 billion scheme and Madoff, angered, said: "F*** my victims. I carried them for twenty years, and now I'm doing 150 years," the magazine reported

That's a guy you wanna work for

That is funny. I liked the comment where he says "People were throwing money at me and when I turned them down they were like "What? I'm not good enough for you?""

you read what he said about the SEC didn't you???

well, i guess that goes to show you how bad a govt can be at regulating anything. how can lawyers regulate the financial markets???

well, i guess you can't expect much from these guys. now they are mad because the banks won't lend money to people, even those with great credit. seems they seem to forget that they demanded the banks don't lend money to anyone who could be a risk. just like after the S&L crisis in the early 90's. i wanted to buy a video rental business back then. the bank wouldn't loan me the money cuz i didn't have liquid capital. i looked the guy square in the eye and said if i had cash, i wouldn't come to you for the money!!! his reply?? the govt requires it.

i guess life is a wheel, everything always comes back given a few years.

Solar power fact - a solar panel with an area the size of Victoria in australia using current cheap tech, can supply the worlds electric power needs - now take that detail and displace it accross the countries with sufficient sunlight and the issue is over

but politics and greed prevent the world from moving on - shame

You are right. If there is one country in the world that could solve the world's energy problems it's the USA with a similar project.

Then some guy can go around like Bill Gates saying "You got a licence for that cold fusion reactor, buddy?" "That'll be $50.00 for the next 10 years"...

Sounds like good business to me.

It wouldn't need to be the US alone. But a project like this will have to be done. Be it now, or when the barrel touched $500. But it will have to be done.

I can write down pages of what men can do given enough money. I bet we can replace oil completely in 5 years.

Being an old man, let me remark that I have been hearing this since early nineties...

wow! semi-trucks, air planes, trains and ships all w/o oil in 5 years?! wouldn't that be sweet, I don't know if it's do-able but 500 a barrel and I guess we'll find out.

Yes. I'm a bit worried about battery powered aeroplanes.

yes, the 3-6000 lb cars are one thing but 80K on a semi going up a 3-4 percent grade or moving 800 miles on one "charge/tank" is going to be tough with current technology to implement...cost effectively. It can be done of course but we don't buy teslas now in record numbers..

Yes. Perhaps some in the SEC should see the inside of a jail? Could someone please tell me how difficult it is to ask "How much have you taken from clients?" and then ask "Now show me the investments you have made with the money?"