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To: anyer who wrote (65036)5/28/2006 9:22:19 AM
From: anyer  Read Replies (2) | Respond to of 206317
 
Prius is a winner after 32.3 years!
dallasnews.com



To: anyer who wrote (65036)5/28/2006 12:19:49 PM
From: ChanceIs  Read Replies (1) | Respond to of 206317
 
>>>It's every man for himself with capital controls looming.<<<

I earlier posted on the real estate crash board, part of a discussion in Barrons pertaining to gold going to $8,000 - yes I typed that correctly. I referenced it here because of a citation of Matt Simmons and the interaction of printing too much $$$$, gold, the sunset of the greenback as the world currency and crude.

The author made several references to "capital controls." Capital controls are a new one on me. The author cited the congress' blockage of purchase by China of Unocal as an example of capital control.

What are capital controls, please???

Are we harking back to Nixon with price controls???

Will the government be telling me I can only buy so many shares of CHK???

I think buying the Australian firm, Woodside Petroleum, is a great idea, because it is a well run NG play, and you also get to expatriate $$$$ as the dollar continues to fall against other currencies. As part of "capital controls," will the government not allow me to buy Woodside or potentially mandate that I sell if I already have a position???



To: anyer who wrote (65036)5/28/2006 1:39:06 PM
From: booyaka  Respond to of 206317
 
I agree that it's all downhill from here for the US. And I certainly don't have any hope that the Democrats will do anything constructive about our plight.



To: anyer who wrote (65036)5/28/2006 4:47:57 PM
From: enginer  Read Replies (1) | Respond to of 206317
 
In the past we were ascendant because we could out-compete the competitors. But we have taught them all we know, and are getting really short on natural resources. We need a new "edge."