The Really Useless Thread

dont u love london

under 35 i lust London.. not love

I'm so glad we shot all the way up just to drift all the way back down.

When this thing breaks north out of this crap I'm gonna have like 48 buy orders in it

One more swipe at the lows should do it

Yeap you are right. I have been reading about that. Complex outcomes financially speaking on that.

There is going to be some reactions whatever the number. As you said CACs could be triggered on Friday and that will trigger CDS so depending on the financial valuation of what is best to exercise or not that's the key. An excessive trigger of CDS on the Greek default could open Pandora's box across the EZ.

Not sure what to expect on that side and we have ECB tomorrow too so better wait for more info.

sisse

got it. close enough close

dont foken read

12:59 PM The bulk of its Treasury holdings in 2007 expiring in 12 months or less, the Fed now holds mostly paper of 5-year or longer term. Same for the BoE. The ECB? It has taken on a barrel of credit risk because of the suspect collateral is has accepted. All 3 will face a tricky task unwinding their schemes without disrupting markets. Or, like the BOJ, maybe they never will unwind.


11:37 AM Should the ISDA do its job and trigger CDS if Greece activates its CACs, the biggest losers will be Unicredit (UNCFF.PK) and German banks. But while the sums are small, not triggering the contracts will "destroy the CDS market for sovereign debt," writes Ambrose Evans-Pritchard, thus deterring "investors from buying any Club Med bonds."

its after london

ok jinkiessss

Q: who of u see the eur visiting 3550 and who think we will visit 2900 befor any real bounce to 3250 dam bastards i got the lube

sisse gator and hatchy dont answer this

holy shitt we have a ratt among us dammmmmmmmm

ratt nothing personal u are ok

WTF talking to my self dead walking camels

too cloudy for bulls

rain or snow

The 15min bull wedge could bring a silver lining

Time to chill Kill bro

Its all priced in... Even the fact it's all priced in.... Is priced in

innnnnnnnnnnnnn

me likey

hey crackforex heads dont read this shitt

"I now have absolute proof that smoking even one marijuana cigarette is equal in brain damage to being on Bikini Island during an H-bomb blast"
~Ronald Reagan
"When I was in England, I experimented with marijuana a time or two, and I didn’t like it, and I didn’t inhale, and I never tried again."
~Bill Clinton
"I smoked pot in college and in the Army..."
~Al Gore
"So what if it's risky? It's the right thing to do. What we're talking about is 160 people in deep pain. It only affects them."{to George Bush about medicalmarijuana}
~Bill Richardson
"When I was a kid I inhaled frequently. That was the point."
~Barack Obama
"I would absolutely never use the federal government to enforce the law of using marijuana"
~Ron Paul
"Pot is not a drug"
~Arnold Schwarzenegger - Governor of California
"You bet I did and I enjoyed it." {on whether he has smoked marijuana}
~Michael Bloomberg - New York City Mayor
"I think that marijuana should not only be legal, I think it should be a cottage industry. It would be wonderful for the state of Maine. There's some pretty good homegrown dope. I'm sure it would be even better if you could grow it with fertilizers and have greenhouses."
~Stephen King
"If we think them not enlightened enough to exercise their control with wholesome discretion, the remedy is not to take it from them but to inform their discretion by education"
~Thomas Jefferson
"When even one American who has done nothing wrong is forced by fear to shut his mind and close his mouth, then all Americans are in peril."
~Harry S. Truman - Former U.S. President
"I enjoy smoking cannabis and see no harm in it"
~Jennifer Aniston
"And God said, Behold, I have given you every herb bearing seed, which is upon the face of all the earth, and every tree, in the which is the fruit of a tree yielding seed; to you it shall be for meat."
~Biblical - Genesis 1:29
"Forty million Americans smoked marijuana; the only ones who didn't like it were Judge Ginsberg, Clarence Thomas and Bill Clinton."
~Jay Leno
"Make the most of the Indian Hemp Seed and sow it everywhere."
~George Washington
"The drug is really quite a remarkably safe one for humans, although it is really quite a dangerous one for mice and they should not use it."
~J.W.D Henderson Director of the Bureau of Human Drugs, Health and Welfare, Canada
"The prestige of government has undoubtedly been lowered considerably by the prohibition law. For nothing is more destructive of respect for the government andthe law of the land than passing laws which cannot be enforced. It is an open secret that the dangerous increase of crime in this country is closely connected with this."
~Albert Einstein "My First Impression of the U.S.A.", 1921
"Our youth can not understand why society chooses to criminalize a behavior with so little visible ill effect or adverse social impact... These young people have jumped the fence and found no cliff. And the disrespect for the possession laws fosters a disrespect for laws and the system in general... On top of this is the distinct impression among the youth that some police may use the marihuana laws to arrest people they don't like for other reasons, whether it be their politics, their hair style or their ethnic background." "Federal and state laws (should) be changed to no longer make it a crime to possess marijuana for private use." ; "State laws should make the public use of marijuana a criminal offense punishable by a $100 fine. Under federal law, marijuana smoked in public would merely be subject to seizure."
~President Richard M. Nixon's National Commission on Marihuana and Drug Abuse "Marihuana: A Signal of Misunderstanding" March 1972
"Congress should definitely consider decriminalizing possession of marijuana... We should concentrate on prosecuting the rapists and burglars who are a menace to society."
~Dan Quayle U.S. Representative and Vice president under President Bush March 1977
"Penalties against possession of a drug should not be more damaging to an individual than the use of the drug itself; and where they are, they should be changed. Nowhere is this more clear than in the laws against possession of marihuana in private for personal use... Therefore, I support legislation amending Federal law to eliminate all Federal criminal penalties for the possession of up to one ounce [28g] of marihuana."
~Jimmy Carter U.S. President Message to congress 1977
"The amount of money and of legal energy being given to prosecute hundreds of thousands of Americans who are caught with a few ounces of marijuana [1 ounce = 28g] in their jeans simply makes no sense - the kindest way to put it. A sterner way to put it is that it is an outrage, an imposition on basic civil liberties and on the reasonable expenditure of social energy."
~William F. Buckley "Legalization of marijuana Long Overdue" Albuquerque Journal June 8, 1993
"The greatest service that can be rendered to any country is to add a useful plant to its culture."
~Thomas Jefferson
"In any civilized society, it is every citizen's responsibility to obey just laws. But at the same time, it is every citizen's responsibility to disobey unjust laws."
~Martin Luther King Jr.
"How many murders, suicides, robberies, criminal assaults, holdups, burglaries and deeds of maniacal insanity it causes each year, especially among the young, can only be conjectured...No one knows, when he places a marijuana cigarette to his lips, whether he will become a joyous reveller in a musical heaven, a mad insensate, a calm philosopher, or a murderer..."
~HARRY J ANSLINGER Commissioner of the US Bureau of Narcotics 1930-1962
"...the primary reason to outlaw marijuana is its effect on the degenerate races."
~Harry J. Anslinger
"marijuana is an addictive drug which produces in its users insanity, criminality, and death."
~Harry J. Anslinger
"Reefer makes darkies think they're as good as white men."
~Harry J. Anslinger
"You smoke a joint and you're likely to kill your brother."
~Harry J. Anslinger
"There are 100,000 total marijuana smokers in the US, and most are Negroes, Hispanics, Filipinos and entertainers. Their Satanic music, jazz and swing, result from marijuana usage. This marijuana causes white women to seek sexual relations with Negroes, entertainers and any others."
~Harry Anslinger, 1937 testimony to Congress in support of the marijuana Tax Act.
~If people let government decide which foods they eat and medicines they take, their bodies will soon be in as sorry a state as are the souls of those who live under tyranny."
~Thomas Jefferson
''We did not view marijuana as a significant health problem--as it was not....Nobody dies from marijuana. marijuana smoking, in fact, if one wants to be honest, is a source of pleasure and amusement to countless millions of people in America, and it continues to be that way.''
~Peter Bourne, President Carter's Drug Czar {Source: PBS's Frontline: ''Drug Wars,'' October 2000}
"The commission has come to the conclusion that the moderate use of hemp drugs is practically attended by no evil results at all. ... ...moderate use of hemp... appears to cause no appreciable physical injury of any kind,... no injurious effects on the mind... [and] no moral injury whatever."
~Indian Hemp Drugs Commission, 1894
"Having reviewed all the material available to us we find ourselves in agreement with the conclusion reached by the Indian Hemp Drugs Commission appointed by the Government of India (1893-94) and the New York Mayor's Committee (1944 - LaGuardia)that the long-term consumption of cannabis in moderate doses has no harmful effects" "the long-asserted dangers of cannabis are exaggerated and that the related law is socially damaging, if not unworkable"
~1968 UK ROYAL COMMISSION, THE WOOTTON REPORT
"Cannabis is remarkably safe. Although not harmless, it is surely less toxic than most of the conventional medicines it could replace if it were legally available. Despite its use by millions of people over thousands of years, cannabis has never caused an overdose death."
~Testimony of Professor Lester Grinspoon, M.D., Associate Professor of Psychiatry, Harvard Medical School, before the Crime Subcommittee of the Judiciary Committee, U.S. House of Representatives, Washington, D.C., October 1, 1997
"marijuana is beneficial to many patients"
~Jocelyn Elders, USA Surgeon General
"The major health and psychological effects of chronic cannabis use, especially daily use over many years, remain uncertain"
~The Report of the Australian Government 1996
"There are no long lasting ill-effects from the acute use of marijuana and no fatalities have ever been recorded ... there seems to be growing agreement within the medical community, at least, that marijuana does not directly cause criminal behaviour, juvenile delinquency, sexual excitement, or addiction."
~Dr J. H. Jaffe, The Pharmacological Basis of Therapeutics. L.Goodman and A Gillman, 3rd edn. 1965
"... as a multipurpose plant, ganga is used medicinally, even by non-smokers. ....There were no indications of organic brain damage or chromosome damage among smokers and no significant clinical psychiatric, psychological or medical) differences between smokers and controls."
~US Jamaican Study 1974
The U.S. federal government has failed to make public its own 1994 study that undercuts its position that marijuana is carcinogenic - a $2 million study by the National Toxicology Program. The program's deputy director, John Bucher, says the study "found absolutely no evidence of cancer." In fact, animals that received THC had fewer cancers. Bucher denies his agency had been pressured to shelve the report, saying the delay in making it public was due to a personnel shortage.

The Boston Globe reported Thursday (1-30-97) that the study indicates not only that the main ingredient in marijuana, THC, does not cause cancer, but also that it may even protect against malignancies, laboratory tests on animals show.

The report comes on the heels of an editorial in the prestigious New England Journal of Medicine that favors the controlled medical use of marijuana, and calls current federal policy "misguided, heavy-handed and inhumane."

The Clinton administration has said that doctors prescribing marijuana could be prosecuted for a federal crime.

marijuana has been reported to ease the pain, nausea and vomiting in advanced stages of cancer, AIDS and other serious illnesses, but the federal government claims other treatments have been deemed safer than what it calls "a psychoactive, burning carcinogen."

However, The Boston Globe says the government's claim appears to be undercut by its own $2 million study.
~BOSTON, Jan. 30, 1997 (UPI)
"Users in our matched-pair sample smoked marijuana in addition to as many tobacco cigarettes as did their matched non-using pairs. Yet their small airways were, if anything, a bit healthier than their matches. We must tentatively conclude either that marijuana has no harmful effect on such passages or that it actually offers some slight protection against harmful effects of tobacco smoke"
~Cannabis in Costa Rica: A Study of Chronic marijuana Use; Institute of Human Issues
"The use of marijuana does not lead to morphine or heroin or cocaine addiction and no effort is made to create a market for these narcotics by stimulating the practice of marijuana smoking"
~The LaGardia sub-committee of New York 1944
"Most marijuana users do not go on to use other drugs."
~"marijuana: Facts for Teens." U.S. Department of Health and Human Services. Washington, D.C. 1995, p.10.
"Simulated driving scores for subjects experiencing a normal social "high" and the same subjects under control conditions are not significantly different. However, there are significantly more errors for alcohol intoxicated than for control subjects"
~Crancer Study, Washington Department of Motor Vehicles
"THC's adverse effects on driving performance appear relatively small"
~U.S. Department of Transportation, National Highway Traffic Safety Administration (DOT HS 808 07, Final Report, November 1993
"Compared to alcohol, which makers people take more risks on the road, marijuana made drivers slow down and drive more carefully.... Cannabis is good for driving skills, as people tend to overcompensate for a perceived impairment."
~Professor Olaf Drummer, a forensic scientist the Royal College of Surgeons in Melbourne in 1996
"Medicines often produce side effects. Sometimes they are physically unpleasant. Cannabis too has discomforting side effects, but these are not physical they are political"
~The Economist March 28th 1992
"I'm quite impressed by what's happened to (MS) patients who have used it"
~Dr. James Malone-Lee, consultant St. Pancras Hospital, London
"Measurements and main results. Exposed and nonexposed neonates were compared at 3 days and 1 month old, using the Brazelton Neonatal Assessment Scale, including supplementary items to capture possible subtle effects. There were no significant differences between exposed and nonexposed neonates on day 3. At 1 month, the exposed neonates showed better physiological stability and required less examiner facilitation to reach organized states. The neonates of heavy- marijuana-using mothers had better scores on autonomic stability, quality of alertness, irritability, and self-regulation and were judged to be more rewarding for caregivers."
~Prenatal marijuana Exposure and Neonatal Outcomes in Jamaica: An Ethnographic Study Melanie C. Dreher, PhD; Kevin Nugent, PhD; and Rebekah Hudgins, MA
"Penalties against possession of a drug should not be more damaging to an individual than the use of the drug itself"
~President Jimmy Carter
"Cannabis never killed anybody and it's use is widespread. You can"t stop it. The law defeats itself because all the efforts to stop drugs coming in only drives up the prices and then gangsters move in to push the drugs. If they legalised there wouldn't be gangsters and huge profits...The police are gradually decriminalising the possession of cannabis because they realise there's not much point prosecuting"
~Judge James Pickles, UK
"Prohibition... goes beyond the bounds of reason in that it attempts to control mans' appetite through legislation and makes a crime out of things that are not even crimes... A prohibition law strikes a blow at the very principles upon which our Government was founded"
~President Abraham Lincoln (December 1840)
''From the Colombian point of view legalization is the easy solution. I mean, just legalize it and we won't have any more problems. Probably in five years we wouldn't even have guerrillas. No problems. We would have a great country with no problems.''
~Jaime Ruiz, Senior Adviser to the Colombian President {Source: Ottawa Citizen, September 6, 2000}
''I say legalize drugs because I want to see less drug abuse, not more. And I say legalize drugs because I want to see the criminals put out of business.''
~Edward Ellison, former Head of Scotland Yard's Antidrug Squad {Source: London's Daily Mail, March 10, 1998}
"I am here because I am the first judge in this country to say, in 1990, that the war on drugs was racist. It still is and that hasn't changed"
~Judge Pamela Alexander at the DPF Conference, November 1996
"I, as a responsible adult human being, will never concede the power to anyone to regulate my choice of what I put into my body, or where I go with my mind. From the skin inwards is my jurisdiction, is it not? I choose what may or may not cross that border. Here I am the Customs Agent. I am the Coast guard. I am the sole legal and spiritual government of this territory, and only the laws I choose to enact within myself are applicable"
~Alexander Shulgin, PhD, Chemist and author, at the DPF Conference, November 1996
"I support decriminalisation. People are smoking pot anyway and to make them into criminals is wrong. It's when you're in jail you really become a criminal."
~Sir Paul McCartney, Independent on Sunday, 28th September 1997
"It is certainly no longer true to say if it ever was, that smoking cannabis is a sign of affiliation to an "alternative" lifestyle. Clearly, in the light of its popularity and to a degree its apparent social acceptability questions are raised about the legalisation of cannabis"
~The Misuse of Drugs, Office of Health Economics
From: Outside View: Let science decide about pot
By Paul Armentano (NORML)

Currently more than 30 percent of the U.S. population lives in a place where some type of marijuana decriminalization is the law. According to the federal government, this policy "has had virtually no effect on either the marijuana use or on the related attitudes and beliefs about marijuana use among young people."

Since the 1970s, more than a dozen government-appointed committees -- in the United States, Britain, Canada and Australia as well as in other countries -- have issued recommendations regarding marijuana policy. These include the Shafer Commission, appointed by former President Richard Nixon, Canada's Le Dain Commission, and Britain's Wooten Report, all of which concluded that marijuana prohibition causes far more social damage than marijuana use, and the possession of marijuana for personal use should no longer be a criminal offense.

The passage of time has done little to sway the minds of these nonpartisan experts. Consider the conclusions of the Wooten Report, originally issued in 1968: "In considering the scale of penalties, our main aim, having regard to our view of the known effects of cannabis, is to remove for practical purposes, the prospect of imprisonment for possession of a small amount and to demonstrate that taking the drug in moderation is a relatively minor offense."

Parallel those findings with the recent recommendations of the conservative British Police Foundation, which in a 2001 report concluded: "The law's implementation damages individuals in terms of criminal records and risks to jobs and relationships to a degree that far outweighs any harm that cannabis may be doing to a society. Prison should no longer be a penalty for possession." The millennium may be different, but their analysis remains the same.

Scientific inquiries on this side of the Atlantic have yielded equally consistent results. In 1972, Nixon's handpicked Shafer Commission recommended Congress remove criminal penalties for the possession of marijuana for personal use as well as on the "casual distribution of small amounts of marijuana."

Ten years later, researchers at the U.S. National Research Council, a division of the National Academy of Sciences, reaffirmed that prohibition was ineffective and should be "seriously reconsidered." Most recently, a special Canadian House of Lords committee concluded, "The consequences of conviction for possession of a small amount of cannabis for personal use are disproportionate to the potential harm associated with that behavior."
~Source THC
"It really puzzles me to see marijuana connected with Narcotics - Dope and all that crap…it's a thousand times better than whiskey - it's an Assistant - a friend."
~Louis Armstrong
"We shall, by and by, want a world of hemp more for our own consumption."
~John Adams

"The greatest service which can be rendered any country is the add a useful plant to its culture!"
~Thomas Jefferson
One of the problems that the marijuana reform movement consistently faces is that everyone wants to talk about what marijuana does, but no one ever wants to look at what marijuana prohibition does.

marijuana never kicks down your door in the middle of the night.
marijuana never locks up sick and dying people.
marijuana does not suppress medical research.
marijuana does not peek in bedroom windows.

Even if one takes every reefer madness allegation of the prohibitionists at face value, marijuana prohibition has done far more harm to far more people than marijuana ever could.
~Richard Cowan, Former head of NORML, Now editor of Account Suspended
"marijuana in its natural form is one of the safest therapeutically active substances known to man."
~DEA's Administrative Law Judge, Francis Young. Source: US Department of Justice, Drug Enforcement Agency, "In the Matter of marijuana Rescheduling Petition," [Docket #86-22], (September 6, 198, p. 57.
"I do not believe that the federal government should treat adults who choose to smoke marijuana as criminals," Frank said in a statement, adding that it's "not appropriate in a free society."
~Rep. Barney Frank
.

thats too dam long i will delete when u finish

God gave it to us so let us enjoy

would like to see a little sell off. still think we hit 3.07x before north/south decided

15m to the US lets see where they wanna close es and dow