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To: orkrious who wrote (60690)12/16/2006 11:29:21 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 116555
 
Would like to add my 2 cents to remarks made by Heinz, Joel, and TJ and to their musing about the impeding evaporation of perceived value of assets.

First of all the financial assets already got a severe haircut without inflicting to much pain because J6P did not noticed it even the stealth confiscation of their assets. House prices appreciated 30% to 50% and commodities appreciated from 50% to 100% - all those gains are taxable.

Renewable commodities like sugar corn, wheat etc. went up 50% or more non renewable like coal, oil or metals around 100% or more. They call it a long term commodity rally but actually it is a fiat money devaluation as it take the same amount of work and fertilizers to grow grains and the same amount of work and energy to extract oil or to mine coal or copper etc..

(If I recall correctly several years ago TJ bought PHELPS DODGE and wrote puts on the stock, he made nice financial gains at the time and paid taxes on his gains – but PD stock price did not cover the devaluation of the fiat money v. the price of copper – so he got rich in paper and lost in real buying power. )


Officialdom was successful in hiding the governments run on our savings. It started long ago at a time Rubin was at the treasury and the change in the way they calculate inflation which was adopted by most countries around the world. This hideous officialdom scheme resulted that a substantial portion of pensions and social security saved by the working people over their lifetime was already confiscated in real values, even that those plans may payout the same amount of fiat currency.

Even that I agree with every point they make there is one omission that should be taken into account – the success in convincing the working people to save for retirement if by social security or pension funds or all other schemes like IRA, Roth and the likes. Those flows of funds denominated in fiat money which represent something like 15% to 20% of the earning power of the working people will continue to sustain the financial assets bubble, whose nominal buying power will shrink over time, even that in fiat currency denomination will show appreciation. There is no one financial asset including inflation adjusted bonds, that will keep it’s buying power over time and this is the ponzi scheme that started under the Clinton administration and adopted worldwide.

It is all about perception and the confiscation of our wealth which was done over the last 12-15 years went without a hitch and there is no reason that the scheme should not perpetuate further. Officialdom achieved it long sought goal – slow stealth confiscation of peoples wealth to support the state and it’s activities and pay the expenses of every state politicians and its administration.



To: orkrious who wrote (60690)12/16/2006 12:48:46 PM
From: mishedlo  Respond to of 116555
 
Douglas Lake Minerals Strikes Visible Gold in High Grade Vein Structures in Morogoro Drill Program
home.businesswire.com
VANCOUVER, Canada--(BUSINESS WIRE)--Harp Sangha, CEO / President of Douglas Lake Minerals Inc. (OTCBB:DLKM), announced further details on the company’s progress of Phase 1 diamond drilling at the DLKM’s 150 square kilometre Tanzanian Morogoro property.
“The presence of multi-gram gold values within host rocks, in addition to visible gold we found in the high grade vein structures is really encouraging. Investors can view photos of this visible gold on our website on the Morogoro Drill Program page in the Property Section at www.douglaslakeminerals.com/properties.html,” said Harp Sangha, CEO / President of Douglas Lake Minerals Inc. “This all confirms the potential for the discovery of a near-surface bulk mineable gold deposit at Morogoro.”

Morogoro Drill Program Overview
douglaslakeminerals.com

The initial exploration program at Morogoro was begun in early October 06, with our partner, Canaco Resources putting their entire exploration team onsite. The planning and execution of the exploration and quality control of the program is under direction of Andrew Lee Smith, P.Geo., Canaco’s CEO, an experienced mining professional who has brought a number of gold mines into production.
….



To: orkrious who wrote (60690)12/16/2006 1:36:44 PM
From: mishedlo  Respond to of 116555
 
Check out this amazingly stupid article that takes 20+ paragraphs before getting to the heart of the problem.

Scraping by on $150,000 a year
The Schuetts have an enviable income. So why are they having a hard time making ends meet?
money.cnn.com

A closer look at the Schuetts' finances reveals, for example, that a big chunk of their income is eaten up by two rental properties. Brian purchased them thinking they'd generate extra income, but he has yet to find tenants. Even when the properties are finally occupied, the area's softening rental market probably won't allow them to make enough to cover carrying costs.

Meanwhile, the two houses are expected to appreciate only about 3 percent a year - the couple can do better than that with Treasuries (bonds, at least, will never need expensive new wiring).

But the Schuetts haven't had a heart-to-heart about selling the properties yet because Brian has been so keen on making them work. "Our strategy has been to practice 'avoidance,'" says Amy. "But you don't have to be a psychiatrist to see that."



To: orkrious who wrote (60690)12/16/2006 1:54:50 PM
From: mishedlo  Respond to of 116555
 
Tired of ridicule, Fjuckby seeks name change
STOCKHOLM (Reuters) - After years of ridicule the inhabitants of the Swedish village of Fjuckby have had enough.

Tired of the mirth caused by the name of their tiny hamlet, a number of Fjuckby residents have handed in an application to Swedish authorities for a small change that could make a big difference by becoming Fjukeby.

"The word 'Fjuckby' today appears to spontaneously and repeatedly lead to associations concerning certain carnal activities between people and between animals," the residents wrote in their plea to the Surveyors Office.

"This regrettable fact breeds feelings of weariness, embarrassment and conditioned shame among the residents..."
....
news.yahoo.com



To: orkrious who wrote (60690)12/16/2006 2:09:14 PM
From: mishedlo  Respond to of 116555
 
diabetes
canada.com

In a discovery that has stunned even those behind it, scientists at a Toronto hospital say they have proof the body's nervous system helps trigger diabetes, opening the door to a potential near-cure of the disease that affects millions of Canadians.

Diabetic mice became healthy virtually overnight after researchers injected a substance to counteract the effect of malfunctioning pain neurons in the pancreas.

"I couldn't believe it," said Dr. Michael Salter, a pain expert at the Hospital for Sick Children and one of the scientists. "Mice with diabetes suddenly didn't have diabetes any more."

The researchers caution they have yet to confirm their findings in people, but say they expect results from human studies within a year or so. Any treatment that may emerge to help at least some patients would likely be years away from hitting the market.