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

To: bond_bubble who wrote (59051)	4/21/2006 7:08:28 PM
From: patron_anejo_por_favor	Read Replies (3) \| Respond to of 110194

>>I dont know if land is a good investment either in deflation. 5 acre is good enough. 500 acres is probably too much than you can chew<< I'm referring to subsistence levels, not "investment" levels per se. Enough to move to and grow crops for personal/family consumption. As far as lots of other industries more or less disappearing, I'm in total agreement. Won't be much demand for tattoo artists, realtors or call center employees....a much larger percentage of employment will be in the most basic necessities, ie, food production. A surprisingly large percentage will be devoted to occupations thought obsolete. Think of how the Amish live now, that's how everyone will live in 150 years, provided "we" don't nuke ourselves into oblivion by then....

To: bond_bubble who wrote (59051)	4/21/2006 7:22:20 PM
From: shades	Respond to of 110194

The US govt has created a false economy where in the financial job involves giving printed money to OPEC and getting oil. Right Benson talked about this - if they dont give us oil - we make regime change - so far this strategy has worked well - saud boys and many others screw their own people to make the oil flow to us easy. Economic hit man Perkins talks about this and says he is sick of it. So far, the OPEC is buying into this. Right, perkins says we give them princes blonde hookers - that is his leverage over them selling out thier people. Because of this, the farmer is able to make produce at a cheaper price. Right, i have friends here in fla that are paid to NOT GROW corn. This is really pissing off 3rd world farmers and breaking down trade talks at the WTO meetings. You see our gubbment considers it a national security risk to be dependent of foreigners for certain things - I guess CORN is one of those things - they never want to lose the land and guys we got here that supposed to be able to GROW IT I guess. So they pay my friends to NOT grow CORN - haha! He cant do anything else with the land - has to keep it able to GROW corn - he gets paid to NOT grow the corn though - HAHA! Cheaper price here means that - the financial job salary is much much higher than the food price. Once the financial person is not able to sell the papers for oil, his salary has to be significantly low compared to the food price (i.e food price rises)!! In such a scenario, it will be better for the financial guy to work like a cattle pulling the plowing equipment in field than to work as a financial person!! Watch C-span tonight or watch their webfeed - here is program going into macro reasons of topics you talk about and how it will be slow to change: inside.c-spanarchives.org:8080/cspan/cspan.csp?command=dprogram&record=142478529 World Bank and International Monetary Fund Center for Global Development Carnegie Endowment for Intl. Peace Washington, District of Columbia (United States) ID: 192143 - 04/21/2006 - 1:32 - $45.00 Mathews, Jessica Tuchman President, Carnegie Endowment for Intl. Peace Mallaby, Sebastian Columnist, [Washington Post] Woods, Ngaire Lecturer, Oxford University, Politics and International Relations De Tray, Dennis Vice President, Center for Global Development Ngaire Woods presents points from her new book, The Globalizers: The IMF, the World Bank, and their Borrowers, questioning whether the time has come to rethink what these multilateral institutions do and how they do it. The panelists comment on her proposals. That is what is happening when oil prices increases!! i.e the govt supported industry is losing the productivity and they are starting to eat into the productive economy and hoping that the productive economy will sell stuff at the same price!! The oil guys in charge of the military right now have us fighting for that oil eh? If nigeria and iran and iraq and venezuela dont give us the oil for cheap or free and cut it off - all they see that is left is the military option eh? This works until you have china and russia supplying these guys with weapons and military to rebuke our advances eh? This resistance to slavery is what gives rise to the fascism Hard times call for hard men - all the jews ask is that we dont forget. etc. well, I dont want to get into the politics - but the economics. I dont know if land is a good investment either in deflation. 5 acre is good enough. 500 acres is probably too much than you can chew .......... Better investment is to short land - if you can do such a thing... If the financial economy goes BOOM - short or long will not really matter - those who have CONTROL of real desired assets and can KEEP that control are the real winners - what good will it do you to have land if they gubbment comes and takes it away - I think bondbubbles land is a BLIGHT on the community - eminant domain baby - bye bye bondbubble - dont let me see you near this land again. Its like that girl cindy crawford - I want some of her assets - if she said NO and I took them anyways - she has nothing left to barter eh? Thankfully for her she got lots of guys toting guns that will stop me from TAKING anything from her or I get a bullet in the head.

To: bond_bubble who wrote (59051)	4/21/2006 8:02:52 PM
From: shades	Respond to of 110194

STREET MOVES:Legg Mason Integrates Branches With S Barney (see bank branch mergers happening now - layoffs small so far) By Evelyn Juan Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Legg Mason Wood Walker, now a division of Smith Barney, is starting to integrate some of its branches with the Citigroup Inc. (C) unit, which initially planned to keep the Baltimore brokerage firm intact for at least one year. Last month, the division started to transfer supervision of some of its offices in the southern region to Kirby Kuklenski, divisional director for the southern region at Smith Barney. The changes will spill over into Legg Mason's northern region in May, when its New England offices come under the oversight of Brian Katz, Smith Barney's regional director for New England. "The plan was not do anything in '06, but it's more of us going to Smith Barney saying the best way to handle this is to let some pockets be supervised by local [Smith Barney] managers in the area," said Robert Sabelhaus, divisional director of the Legg Mason division. "It will help our branches get better support from local divisions in operations and sales." Around two-thirds of the firm's branches will remain in the Legg Mason division, which had 126 branches under David Jernigan, who oversees the northern region, and Bill Jones, who manages the southern region. Jones transferred the oversight of Legg Mason branches in Florida, Georgia, Mississippi, Louisiana, Tennessee, and Texas to Smith Barney divisional director Kuklenski. The change shrinks Jones' coverage to western Maryland, metropolitan Washington, Virginia, North Carolina and Annapolis, Md. Jernigan will soon be focused on Pennsylvania, southern New Jersey, metropolitan Baltimore, Delaware and some parts of Maryland when he relinquishes supervision of Legg Mason's New England branches to Katz. Jernigan, who joined Legg Mason in 2000, has been handling the New England area out of Baltimore. "Our branch managers and local officers believe that [they] can better be served by the local managers who are right [there] in the their neighborhood," said Sabelhaus. Legg Mason now operates as a fifth division at Smith Barney, which has Northeast, Midwest, West and South divisions. The two firms have been integrating their operations since Smith Barney absorbed the Legg Mason unit in an asset-swap deal that closed in December. The announcement of the merger led some of the regional firm's brokers who were uncomfortable melding with a bulge bracket firm to depart for rivals or go independent. Sabelhaus said those departures led to a 16% loss in trailing-12-month revenues. That means the brokers who left handled over $90 million in commissions and fees over the past 12 months. He couldn't provide the latest figure on headcount loss, but said it is higher than the trailing-12-month revenue loss due to the departure of low-producing brokers who generated less than $200,000 in production. "Relative to other transactions, that's a very successful rate," Sabelhaus said. - By Evelyn Juan, Dow Jones Newswires; 201-938-2312; evelyn.juan@dowjones.com (END) Dow Jones Newswires April 21, 2006 17:59 ET (21:59 GMT) Copyright (c) 2006 Dow Jones & Company, Inc.- - 05 59 PM EDT 04-21-06

To: bond_bubble who wrote (59051)	4/21/2006 8:04:29 PM
From: shades	Read Replies (1) \| Respond to of 110194

FEMA Wants $4.7M In Mississippi Katrina Benefits Returned (they give and they take away - see who has the power) JACKSON, Miss. (AP)--Thousands of U.S. Gulf Coast residents have been told they must repay millions of dollars in federal Hurricane Katrina benefits that were excessive or, in some cases, fraudulent. In Mississippi alone, the Federal Emergency Management Agency said it is seeking $4.7 million from 2,044 people, giving them 30 days to repay or set up a payment plan. Some storm victims got duplicate or extra benefits because of FEMA errors, agency spokesman Eugene Brezany said, and others might have received benefits for expenses that later were reimbursed by insurance settlements. Some others benefited "by intentional misrepresentation" or the mistaken belief that secondary residences qualified for payments, he said. More people could get repayment notices as applications are reviewed, Brezany said. Recipients could have received $2,000 to $26,200. James McIntyre, FEMA spokesman for Louisiana, could not immediately provide figures for his state or others hit by Katrina. Aaron Walker, the agency's chief spokesman, said in an e-mail he also could not immediately respond. The form letter sent to the aid recipients said that they could appeal the charges. Even so, it said, "FEMA strongly encourages" them to pay the debt or set up a repayment plan to avoid being charged penalties or interest in case the appeal fails. If the recipients do not repay the money or arrange a payment plan in four months, the U.S. Treasury will attempt to collect it, Brezany said. Federal auditors have faulted FEMA for much of the benefit abuse after last fall's hurricanes, citing an inadequate accounting system. The federal Government Accountability Office has said thousands of inappropriate payments were made because people could repeatedly apply for and collect benefits. In February, audits by the General Accounting Office and the Department of Homeland Security found that as many as 900,000 of the 2.5 million applicants who received aid under FEMA's emergency cash assistance program - which included $2,000 debit cards given to evacuees - were based on duplicate or invalid Social Security numbers, or false addresses and names. Also in February, the Justice Department said federal prosecutors charged 212 people with fraud, theft and other counts in scams related to Gulf Coast hurricanes. (END) Dow Jones Newswires April 21, 2006 17:56 ET (21:56 GMT)

To: bond_bubble who wrote (59051)	4/21/2006 8:08:26 PM
From: shades	Respond to of 110194

Dow Jones Global Indexes -2- Table of 12 Month Highs, Lows .Friday, April 21, 2006 (All index values based on U.S. dollars unless noted) 12-Mo 12-Mo 12-Mo Pct Index High Low Chg Chg World 257.25 257.25 204.17 50.34 24.33 World (ex. U.S.) 224.25 224.25 164.77 54.50 32.11 Americas 328.17 328.22 272.97 52.57 19.08 Europe 305.58 305.58 236.47 60.17 24.52 Euro Zone 310.18 310.18 235.17 66.85 27.48 Pacific 145.27 145.27 102.55 40.33 38.44 Dollar 12-Mo 12-Mo 12-Mo Pct --Since 12/31-- Index High Low Chg Chg Chg Pct Brazil 979.06 491.54 480.39 96.49 226.24 30.09 Canada 417.35 277.19 128.51 44.75 50.31 13.77 Chile 332.04 260.67 62.72 23.29 30.86 10.25 Mexico 393.51 242.78 145.24 59.83 27.95 7.76 U.S. 320.32 272.88 44.86 16.30 17.79 5.88 Venezuela 54.75 28.10 13.41 35.82 15.21 42.66 Austria 404.42 259.73 126.77 45.66 68.97 20.56 Belgium 363.06 286.20 48.93 15.58 41.82 13.02 Denmark 414.60 310.81 82.00 24.66 39.46 10.52 Finland 1196.73 825.74 346.01 40.67 248.26 26.18 France 321.39 244.81 69.10 27.39 48.11 17.60 Germany 266.24 189.49 68.91 34.92 41.98 18.72 Greece 268.19 185.60 67.10 33.88 43.82 19.80 Ireland 532.13 406.64 101.20 23.78 56.42 12.00 Italy 245.51 198.45 34.00 16.08 31.66 14.80 Netherlands 358.28 266.54 79.92 28.71 48.63 15.71 Norway 372.00 220.86 134.72 56.89 95.43 34.56 Portugal 234.08 167.34 39.32 20.28 45.06 23.94 Spain 332.42 262.63 61.71 22.80 43.79 15.17 Sweden 448.02 324.47 98.25 28.22 68.06 17.99 Switzerland 502.47 379.96 107.39 27.18 49.93 11.03 U.K. 247.02 200.03 38.72 18.59 29.43 13.52 S. Africa 328.24 186.20 125.56 63.03 54.69 20.25 Australia 353.99 265.24 70.77 25.25 38.59 12.35 Hong Kong 325.46 245.53 76.83 30.91 51.84 18.95 Indonesia 109.60 62.18 34.99 47.27 30.02 38.01 Japan 123.35 83.68 36.54 42.45 9.09 8.01 Malaysia 132.97 112.92 16.03 13.71 13.52 11.32 New Zealand 240.94 208.23 -4.52 -1.99 -5.16 -2.27 Philippines 117.79 86.92 28.89 32.50 11.06 10.36 Singapore 207.60 160.05 47.11 29.36 31.33 17.78 South Korea 238.90 138.70 95.63 66.75 29.83 14.27 Taiwan 143.33 108.09 26.40 22.59 13.69 10.57 Thailand 89.04 65.78 15.59 21.32 12.04 15.70