Sunday, November 16, 2008

so this is how muslims do business

OBAMA SCARES IRAQIS INTO SUBMISSION.

THAT is what it should read but that is not what is being announced...

not bad really when you think about it. someone declares a position and before they can step forward and act on it, you step forward with the same proposition and declare it your own.

President Obama made it clear that he was going to get American troops home by the middle of 2010. So what is the average do nothing blame every one else for my problems iraqi politician to do. Act like it was your idea and you are IMPOSING it on these yankee dogz !!! That is so sweet. Imagine, now they will actually have to take responsibility for their own future. Which means they will have to go back to acting like the selfish clowns they are.

Muwafaq al-Rubaie is usually easy-going. But one night in October, as the chief Iraqi negotiator and his US counterparts struggled to thrash out a deal, they actually thought he was going to blow. "It was late at night. The Iraqi team gave 110 amendments to the US team. Contrary to my nature of being tactful, pleasant and soft-spoken, I was very forceful and extra assertive in my approach," he told AFP.

"I was perceived to be unreasonably hard and harsh. At the end of that session a member of the American team told us that he was worried that I might jump on the table and start a physical fight." Differences in culture and methods of working added further hurdles to the complex process of finishing the Status of Forces Agreement (SOFA) before the United Nations mandate governing the presence of foreign forces in Iraq expires at the end of the year.

yeah right...just like the boss who reads through your suggestions for some type of action and then announces it at a meeting as his own idea...yup, these iraqi's are gonna do a fine job of running their country...into the ground...they do not deserve the freedom our soldiers gave them. let them eat yellowcake...

speaking of tag along's...

andrew cuomo is too funny...

New York Attorney General Andrew Cuomo, who demanded pay information last month from banks that received bailout funds, lauded Goldman for taking a ``step in the right direction.''

``This gesture by Goldman Sachs is appropriate and prudent and hopefully will help bring Wall Street to its senses,'' Cuomo said in a prepared statement. ``We strongly encourage other banks to follow.''

yeah right, so is he going to bother asking any real questions or just posture and act like he did something. He helped push Countrywide out of business by asking questions of only them while ignoring everyone else who was doing the same, thus removing competition for his buddies at
FM Watch. No questions of how the NYSSA functions and what information is handed out to certain people before it is made public...no questions of what were the PR activities of certain hedge funds who were on the other side of trades on derivatives. No investigation of the Paulson & Co actions and the ISDA meeting in 2007 that triggered this massive scam being played out with derivatives that don't exist. That's right, these derivatives don't exist, they never happened. They are not real. They are revenue laundering, like happened in Enron and with Aol when it created phantom revenue in the last days of the dot scam era... or as those in the know like to say, "and on the 13th week we cook the books"... so Mario junior, are we ever going to have an honest discussion in the media about certain relatives of yours...or are you going to be handed hillary's senate seat, because that is the way it's been played out. By the way, how come there are so many people in New York City with muslim names and phony green cards who are driving around with north carolina lic plates...you know, the average american has to give up his civil liberties because a bunch of camel jockeys got lucky and caught the government asleep on 9-11...but these arabs get to hide in plain sight...how is that Mr.Bigshot investigator...???

Just Blame america...

so in the Summit to blame it all on wall street, the 20 something members of Gee-20 decided to chime in and ignore the over crank on home mortgages in the rest of the world and blame the problem on America...sounds like a south park moment...'Please America, do what we want and let us focus the problems away from us onto the US of A.' No review of the fact that in america, the average home loan is 2.5-4 times peoples household income, but from 4.5 to 10 times income in france...talk about sub prime...ou wee. But know, zee man who got avay vit telling his fellow french fries that he was a man of honor, was banging everyone but his wife, yet they both sat there smirking for zi kamera, and 50 seconds after the election, he brought out his italian hussie and proceeded to have his mid life crisis on national television. Imagine what the ratings would have been for rush limbough if clinton had done that in 1993. But no problem, the little frenchie has super sized his ego and taken credit for everything including the apollo 11 mission. What did you not know, those were french engineers at nasa...oh I'm sorry I meant to say Vichy French engineers(tee hee hee)...and of course, LULA was mouthing off, acting as if somehow he has figured out how to pay for all the social programs in his nation, since it is considered a sin in Brazil to actually work more than 3 hours a day. And the idea that the world is waiting on CHINA to pay for the bail out of the world economy...china ??? where more than 30% of the business loans are in default. What, didn't Jim Rogers tell you that when he was asking you to abandon america and give your money to him so he can bail out of his bad investments in beijing...what he did not mention that half the toy companies in china went out of business this year and that factory workers are confronting the government because many have not been paid for months...the CHINEEZE are going to help someone...the communists have been strip mining that economy for over 15 years and there are dust storms kicking in all that country, sorta like the USA had during the great depression. Lucky for america, we have teenagers who are trained to want to get a place of their own, unlike in greece, where it is a sin if your parents are not paying for your snappy outfits and gas for your motorcycle in athens so you can sit around and pose while albanians do all the real work. Yup, those millions of teenagers will soon be pushing up the economy by forcing the bottom end up the ladder...the young take what they can get, forcing everyone else to climb up the ladder and rebuilding the demand in the real estate market. It is already happening in parts of Tampa Bay, which is much more affordable than Miami. There are multiple offers on reasonably priced properties again. Maybe its the obama effect, maybe its demographics, maybe its the fact that 2 people in america working full time at MINIMUM wage, can actually afford a 70K mortgage, and in most of the country, that will buy you a serviceable home in a decent location. So other than a dozen cities in the US, there is no housing crisis. And as soon as the Basel 2 rules have finalized in 2010-2011, the market in real estate will just go right back up the ladder...did anyone say dow at 20000.

yeah the chinese are doing great...

Factory closure in China a sign of deeper pain

Sunday, October 19, 2008


"When these companies go bust, the outcome is higher prices," said Andy Xie, an independent economist in Shanghai. "Labor costs have gone up 70 to 100 percent in the last three or four years. But these guys have not been able to raise their prices because Toys "R" Us, Home Depot and Wal-Mart are saying no price increase. How is that possible?" ....


But many factories were scrimping on materials and stiffing their suppliers just to survive, Xie said. The financial crisis will be the final culling factor that forces many wobbly factories to go belly up and end an unsustainable situation, he added.

Already, China's toy industry is hurting. The official Xinhua News Agency reported this week that 3,631 toy exporters _ 52.7 percent of the industry's enterprises _ went out of business in 2008. The causes: higher production costs, wage increases for workers and the rising value of the yuan, the report said.

...Chan Cheung-yau, chairman of toy and games subcommittee under the Chinese Manufacturers' Association of Hong Kong, agreed that the outlook was gloomy for toy makers. He predicted that thousands more factories would close in China next year.

"The tightening credit market has made it more difficult for manufacturers to raise funds," he said. "It has created a huge cash flow problem."

Workers at the Smart Union toy factory said that for several months the plant was less busy and paychecks were arriving late.


the truth is hardly ever what it appears to be...