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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (33448)	5/28/2005 11:18:10 AM
From: 10K a day	Respond to of 110194

i think we'l have a used house market the likes of the used car market.....soon. Only prob is....what u going to do if your 50,000-200,000 under water.... who is going to take your house....and how u going to keep it if your yob just went over seas.... What wages are rising??? who's wages are rising??? I havn't had a raise in my industry since 1982... I'm way over due. But i don't see it happening. what goes around comes around. Government is a CESSPOOL....Arnold Scwartzenager tearing up roads for staged events...using Cal Trans workers....This sh*t has gotta' stop....

To: Jim Willie CB who wrote (33448)	5/28/2005 11:39:52 AM
From: 10K a day	Read Replies (1) \| Respond to of 110194

>technology has had a terrible impact on US Economy ATM banking, automatic gasoline pumping, call centers for customer service, etc i don't know about that....Are faster chips and computers going to make u happy??? NO. Is more bandwidth going to make u happy??? Are more prisons better prisons and STEEL PLATED GOVERNMENT BUILDINGS going to make u happy??? Is tieing George bush up by his EARS going to make u happy??? Is Delay attacking judges and giving 600,000 to his family going to make u happy??? Is Dick Cheney and his Gay daughter going to make u happy??? Is newsweek retracing it's statement and the FBI confirming prisoner abuse going to make u happy???? Is the government subpeona of your ISP records going to make u happy??? Is the government tracking the books u buy going to make u happy???? Is the governor of California staging events and tearing up roads going to make u happy??? Is moving the SS money around going to make u happy??? Is having a big Medicare Drug Benefit going to make u happy??? Is having a bigger faster and stronger bomb and media spin going to make u happy??? Is being afraid of every little piper cub that flys within 3 miles of the pentagon and people running for their lives going to make u happy??? Is a filibuster going to make u happy??? Is getting rid of the filibuster going to make u happy??? Is putting medical professionals out of business and committing insurance mis representation going to make u happy??? Is changing laws and winnning going to make u happy??? Is having a bigger house with a nicer porecelan sink going to make u happy???? Is people sleeping on the street and driving up to a field of farm workers in an INS truck going to make u happy. Is watching people run from the INS truck and giving u some kind of chuckle going to make u happy??? Is standing at the border of mexico with a howitzer and chasing poor people trying to better their lives going to make u happy. Is throwing teen agers in jail who break in to stuff going to make u happy??? Is pulperizing a prisoners legs or putting a bible in the toilet going to make u happy??? Is building a fence at 200 dollars an hour and calling it home land security going to make u happy??? Is monitoring every website and every phone call and global satellite positioning fire hydrant going to make u happy??? Is having 7 hummers and being married to a kennedy going to make u happy??? Are 15 face lifts and burning those wild nose hairs out of your nostrils going to make u happy???? Is that cocaine addiction going to make u happy???? Is george bush going to make me happy??? Is arnold scwartzenager going to make me happy??? Am i ever going to be happy???? Can somebody answer these questions for me????

To: Jim Willie CB who wrote (33448)	5/31/2005 11:17:31 AM
From: stockman_scott	Read Replies (2) \| Respond to of 110194

Supreme Court Overturns Arthur Andersen Conviction __________________________ By THE ASSOCIATED PRESS May 31, 2005 WASHINGTON -- The Supreme Court on Tuesday overturned the conviction of the Arthur Andersen accounting firm for destroying Enron Corp.-related documents before the energy giant's collapse. In a unanimous opinion, justices said the former Big Five accounting firm's June 2002 conviction was improper. It said the jury instructions at trial were too vague and broad for jurors to determine correctly whether Andersen obstructed justice. "The jury instructions here were flawed in important respects," Chief Justice William H. Rehnquist wrote for the court. The ruling is a setback for the Bush administration, which made prosecution of white-collar criminals a high priority following accounting scandals at major corporations. After Enron's 2001 collapse, the Justice Department went after Andersen first. Enron crashed in December 2001, putting more than 5,000 employees out of work, just six weeks after the energy company revealed massive losses and writedowns. Subsequently, as the Securities and Exchange Commission began looking into Enron's convoluted finances, Andersen put in practice a policy calling for destroying unneeded documentation. Government attorneys argued that Andersen should be held responsible for instructing its employees to "undertake an unprecedented campaign of document destruction." But in his opinion, Rehnquist noted that jurors were instructed to convict Andersen if the accounting firm had an "improper purpose," such as an intent to impede or subvert fact-finding in an "official proceeding." He noted jurors were instructed to convict, even if Andersen mistakenly thought it was acting legally. At trial, Andersen argued that employees who shredded tons of documents followed the policy and there was no intent to thwart the SEC investigation. The probe into Andersen led to just one guilty plea, from the firm's former top Enron auditor, David Duncan. But the conviction of the Chicago firm forced it to surrender its accounting license and stop conducting public audits. Some 28,000 workers had to find other jobs, and the company was left a shell of its former self. A ruling against Andersen would have had onerous consequences for businesses, whose discarding of files is an everyday occurrence. Experts say companies would have to keep all files for fear that any disposal, however innocent, could subject them to potential prosecution. According to Andersen attorneys, notes and drafts of documents were thrown away under the firm's document-retention policy in part because they were preliminary and could have been misconstrued. Andersen's appeal was backed by the National Association of Criminal Defense Lawyers. It argued in a friend-of-the-court filing that broad characterization of "obstruction" used in the jury instructions would also unfairly punish criminal attorneys who advise their clients to withhold evidence in legal ways. Such a broad reading could open defense lawyers and others to prosecution if they merely advise clients of their rights to assert legal privileges or review document retention policies, the criminal defense group said. The case is Andersen v. U.S., 04-368.

To: Jim Willie CB who wrote (33448)	6/1/2005 12:09:16 PM
From: Haim R. Branisteanu	Respond to of 110194

Jim , you were a great advocate for the EUR due to the recent drop in the EUR/USD ratio to the levels of last year do you have any comments? I know that from an economic point of view it does not make sense as nothing has actually changed to the contrary Europe is more competitive now, than at 1.34 EUR/USD But than again only chart readings or NO vote does not cut it - what else is there aside from unwinding positions

To: Jim Willie CB who wrote (33448)	8/19/2005 7:54:11 AM
From: stockman_scott	Respond to of 110194

A New World Economy biz.yahoo.com The balance of power will shift to the East as China and India evolve. ------------- <<...However the race plays out, Corporate America has little choice but to be engaged -- heavily. Motorola illustrates the value of leveraging both nations to lower costs and speed up development. Most of its hardware is assembled and partly designed in China. Its R&D center in Bangalore devises about 40% of the software in its new phones. The Bangalore team developed the multimedia software and user interfaces in the hot Razr cell phone. Now, they are working on phones that display and send live video, stream movies from the Web, or route incoming calls to voicemail when you are shifting gears in a car. "This is a very, very critical, state-of-the-art resource for Motorola," says Motorola South Asia President Amit Sharma. Companies like Motorola realize they must succeed in China and India at many levels simultaneously to stay competitive. That requires strategies for winning consumers, recruiting and managing R&D and professional talent, and skillfully sourcing from factories. "Over the next few years, you will see a dramatic gap opening between companies," predicts Jim Hemerling, who runs Boston Consulting Group's Shanghai practice. "It will be between those who get it and are fully mobilized in China and India, and those that are still pondering." In the coming decades, China and India will disrupt workforces, industries, companies, and markets in ways that we can barely begin to imagine. The upheaval will test America's commitment to the global trade system, and shake its confidence. In the 19th century, Europe went through a similar trauma when it realized a new giant -- the U.S. -- had arrived. "It is up to America to manage its own expectation of China and India as either a threat or opportunity," says corporate strategist Kenichi Ohmae. "America should be as open-minded as Europe was 100 years ago." How these Asian giants integrate with the rest of the world will largely shape the 21st-century global economy...>>