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


To: ild who wrote (56930)3/27/2006 12:02:09 PM
From: ild  Respond to of 110194
 
Date: Mon Mar 27 2006 11:11
trotsky (explain to me why this is NOT a dictatorship) ID#248269:
Copyright © 2002 trotsky/Kitco Inc. All rights reserved
"The point of these signing statements, of course, is to "address specific provisions of legislation that the White House wishes to nullify." Like what? Well, when Congress passed a measure prohibiting torture of detainees, Bush issues a statement saying he would ignore the ban whenever he thought he should."

"When President Bush signed the reauthorization of the USA Patriot Act this month, he included an addendum saying that he did not feel obliged to obey requirements that he inform Congress about how the FBI was using the act's expanded police powers."

"In typical Bush fashion, the president said provisions of the legislation that required the White House to tell Congress how the Patriot Act powers were being used weren't valid. He didn't veto the bill; he signed the bill and quietly announced which parts of the bill he'd ignore whenever he decided he should."

thecarpetbaggerreport.com

Date: Mon Mar 27 2006 10:41
trotsky (@what it is not) ID#248269:
Copyright © 2002 trotsky/Kitco Inc. All rights reserved
it's not a good day for gold bears. money flows and quantitative sentiment data all continue to look supportive. the XAU put/call OI ratio has improved further, and the Rydex pm fund cash flow ratio has just begun to bounce from the recent 3 year low.
gold itself needs only one more good trading day to break out to new 25 year highs ( there's of course the danger of a double-top being formed, however it would be unusual for this to happen with the solid support from the backdrop of skepticism currently on diplay ) .



To: ild who wrote (56930)3/27/2006 12:45:08 PM
From: shades  Read Replies (1) | Respond to of 110194
 
Some know it all guru like Trotsky. hehe Only I think he knows more than Trotsky.

www.philsgang.com

Here is what I have been able to piece together. He was a national ski champion, big athlete, big real estate ties in the midwest - always big with the chicks. He came from big midwestern farm/land/cattle money and used his family contacts and fortunes to get into big real estate and business deals. Worked in wall street for a long time around folks like sandy wiel and corzine - they are pretty big names in wall street from what I hear. Was named in inc. magazines entrepreneur of the year in the 80's.

philsgang.com

It was by using this that he was recognized in 1987 as the “Entrepreneur of the Year in the United States” by the then, big six accounting firm, Arthur Young and Venture Magazine. Phil's holding company also made the prestigious INC MAGAZINE ANNUAL INC 500 LIST which identifies and honors this nations 500 fastest growing privately held companies.

Philster went on to do big business deals with many wall street hotshots. Charlie Gasparino was one of his best buds and used to co-host on phils show in the early days - but now you see Charlie on CNBC a lot as thier on air editor. (phil says it was hard to see charlie go to the darkside) Phil also had many business ties to some dude that was donald trumps right hand man - a real estate mogul that is a little more low key than the Trump.

Most importantly, the Philster is a great comedian and makes me laugh and is just the kind of guy you would think would be a Jester in the halls of power of the Wall Street Kingdom and therefore has all this personal insight - like last week when he told me Sandy weil takes his hooker in the limo from 11 to 1 most days and not to get excited about what the market will do between those hours. (If philster was lying he would have been sued off the air many moons ago I think - so all his personal knowledge of these crooks might have some merit eh?)

Now I ask you - who is trotsky - what contacts does he have and what is his history and what gives him the inside track like Phil?

BTW - Phil became great friends with Paul Newman and the show he does now he claims is to raise money for Paul Newman's camp for cancer kids - boggy creek.

Phil has said on his show he used to trade in the oil pits, he used to work with the market maker for home depot, that he has very LARGE land holdings in the midwest, that he bought many bankrupt companies - turned them around and resold them - has schmoozed with all the big crooks in wall street for decades before he started his "what wall street doesn't want you to know" radio show. Has a daughter now who is still big into colorado and florida real estate holdings of his. He is also a big helicopter buff from his personal stories involving all these wall street executives he used to fly around with in his helicopter.

Oh and before I forget, Gasparino broke a story on CNBC about home depot and charge offs a couple months back - Phil broke it 6 months prior on his radio show (he did say him and charlie have the same well connected friends in wall street)

Phil has also broke many other stories that still have yet to be confirmed on CNBC or get much popular media attention - so far the PIMCO offshore support of bonds and interest rates is the subject he has been harping on most.