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  • #773,501
  • Mar 18, 2013 2:28pm Mar 18, 2013 2:28pm
Quoting SpacyTrader
You should save your nerves and not get mad over nothing. You'd pay for it either way. If they managed to get GM and all its competitors to pay 100% the price of a car for every car in either sales tax or income tax or whatever else they'll just send the bill to you at the end of the day. And if any one of their competitors isnt taxed to the same level they go under. See how silly the tax argument is ?
hold on... i need some acid to comprehend this one. at some point the peasants will rush the castle and kill the elite. its in the history books.
those who can, do. those who cant, talk about those who can
  • #773,502
  • Mar 18, 2013 2:36pm Mar 18, 2013 2:36pm
gotta run... i killed some time..
who will build the war machines?
they rather fund the Chinese then keep the national security interest safe...
those who can, do. those who cant, talk about those who can
  • #773,503
  • Mar 18, 2013 2:36pm Mar 18, 2013 2:36pm
ny dying to make a run for the bottom now that it has the high for the day
  • #773,504
  • Mar 18, 2013 2:38pm Mar 18, 2013 2:38pm
Quoting gatorinla
hold on... i need some acid to comprehend this one. at some point the peasants will rush the castle and kill the elite. its in the history books.
Well, not the peasants who are part of the middle class in the consumption society.

Why would you create a turmoil if you are:

15 years of payments away from owning your house/apartment;
5000 frequent flyer miles away from a free ticket;
3 stamps away from a free cup of coffee;
2 months away from lining up for a new iPhone.

etc, etc.
"Luxury is one of the basic needs", (c), Don Corleone
  • #773,505
  • Mar 18, 2013 2:38pm Mar 18, 2013 2:38pm
Quoting godrich
ny dying to make a run for the bottom now that it has the high for the day
2915 is a point of interest.
  • #773,506
  • Mar 18, 2013 2:38pm Mar 18, 2013 2:38pm
Quoting Firstboss
GM is a bad example for your argument - it is actually a success story.
First of all, former stockholders lost everything - which means, that bad investment decision resulted in a loss as it should.

Second, in the heat of the crisis the loan money simply wasn't available. The societal effect of GM going under destroying even more manufacturing jobs would've been a lot costlier. Consider it as investment in the national interests.

The only wrong part of the bailout of Citibank and GM is selling the government-owned stock before it recovered to...
Meh- I seem to remember a big billion figure dumped into that company. I doubt they got much of it back either the state or any shareholders- yup: http://dc.streetsblog.org/2012/12/20...as-12-billion/ The US gov will get half its money back. I suppose it's an improvement from all the green investments where the norm is to lose everything.
  • #773,507
  • Mar 18, 2013 2:39pm Mar 18, 2013 2:39pm
Quoting gatorinla
gotta run... i killed some time..
who will build the war machines?
they rather fund the Chinese then keep the national security interest safe...
I can't share your love for military spending.
The looting of future generations' wealth by military corporations is what slowly bankrupts the great US empire..
"Luxury is one of the basic needs", (c), Don Corleone
  • #773,508
  • Mar 18, 2013 2:41pm Mar 18, 2013 2:41pm
Quoting Firstboss
I can't share your love for military spending.
The looting of future generations' wealth by military corporations is what slowly bankrupts the great US empire..
I got an idea.. we should outsource the wars to China..
  • #773,509
  • Mar 18, 2013 2:41pm Mar 18, 2013 2:41pm
25% of today's profit burned by this retarded dive down, market will use any excuse for a stop hunt. Oh we'll, in a day of constant retraces I've done well all things considered
  • #773,510
  • Mar 18, 2013 2:46pm Mar 18, 2013 2:46pm
Quoting gatorinla
hold on... i need some acid to comprehend this one. at some point the peasants will rush the castle and kill the elite. its in the history books.
lol. You're funny. I did some research too. Those peasant operations seem to be mostly funded by interested parties where successful. Perhaps mismanagement in ancient China might have been more conducive to somewhat more real rebellions.

I still remember the description of a famine episode in ancient egypt- old kingdom. Huge drought. Enough food for only a fraction of the population. Guess what happens next ? The temples who manage agriculture and control the place hoard all the grains, shut their doors and let the people outside starve to death. Still have in my mind pics of the skeletons of the looters clubbed to death for attempting to steal the temple grain. This drought lasted for decades (dont remember exactly if not even longer). Bottom line in the end after almost everybody starved to death egyptian culture, art and society remained intact as ever because the elites got all the food they required. Looks to me like somewhere in there is the true lesson of history about the balance of power in society.
  • #773,511
  • Mar 18, 2013 2:48pm Mar 18, 2013 2:48pm
I am long at 1.29323, tp at 1.29725, sl at 1.29100
  • #773,512
  • Mar 18, 2013 2:49pm Mar 18, 2013 2:49pm
Quoting attila
I got an idea.. we should outsource the wars to China..
No need to suggest it to them. They'll do that on their own. Military dominance always follows economic dominance.
  • #773,513
  • Mar 18, 2013 2:49pm Mar 18, 2013 2:49pm
Long @ 36
Trade smaller than rational because the market is irrational...
  • #773,514
  • Mar 18, 2013 2:50pm Mar 18, 2013 2:50pm
Quoting SpacyTrader
No need to suggest it to them. They'll do that on their own. Military dominance always follows economic dominance.
Walmartizing the wars is the next logical step... btw are you really from Romania?
  • #773,515
  • Mar 18, 2013 2:53pm Mar 18, 2013 2:53pm
EUR/JPY has just tested the middle of the BB (1-hr chart), while the top of the BB begins to open up slowly

On EUR/USD the upper BB is still horizontal, so it will take a bit longer for the gap to close, but we are getting there
"Luxury is one of the basic needs", (c), Don Corleone
  • #773,516
  • Mar 18, 2013 2:55pm Mar 18, 2013 2:55pm
Quoting attila
Walmartizing the wars is the next logical step... btw are you really from Romania?
Da. Se pare că nu-ţi aminteşti că am şi schimbat cāteva vorbe pe romāneşte. Asta era īnainte de a-mi pune avatarul. Nici eu nu-mi prea aduc aminte de multe ori de cineva după nickname.
  • #773,517
  • Mar 18, 2013 2:57pm Mar 18, 2013 2:57pm
Quoting SpacyTrader
Da. Se pare că nu-ţi aminteşti că am şi schimbat cāteva vorbe pe romāneşte. Asta era īnainte de a-mi pune avatarul. Nici eu nu-mi prea aduc aminte de multe ori de cineva după nickname.
Altul mai urit nu puteai sa gasesti?
  • #773,518
  • Mar 18, 2013 3:00pm Mar 18, 2013 3:00pm
This Cypriot issue , if they don't fix it away from Banks deposits - it will be like a Pandora box ... EURJPY journey to 130 has been hit twice in one month , first with Italians and now with Cyprus ! I'm still on Bullish side , but the next few days will be key points for the EURO and his little sisters.
"It's the Margin, Stupid."
  • #773,519
  • Mar 18, 2013 3:00pm Mar 18, 2013 3:00pm
Quoting attila
Altul mai urit nu puteai sa gasesti?
This was my second choice: http://www.clownlink.com/images/blog...evil-santa.jpg
  • #773,520
  • Mar 18, 2013 3:01pm Mar 18, 2013 3:01pm
Quoting SpacyTrader
This was my second choice: http://www.clownlink.com/images/blog...evil-santa.jpg
haha, keep this one then..
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