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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (26689)	12/19/2007 11:24:33 PM
From: elmatador	Respond to of 217901

rent-seeking is hallmark of the capital hogger. The capital spreader doesn't do rent-seeking. He gets the money and send it to Sudan, Zimababwe, Angola and put mines and railways to work. He doesn't listen to those toting greenism and crying they are violtaing human rights. The ultimate human right violation is to deny the man the shovel the cement and the wheel barrow that he can work with to build. Look like I'm the last Weberian here touting work ethics. What I call take advantage of is to buy assets that in the hands of an country has much more value than where it is now. Chinese buy a whole industry. Dismantle. Ship to China and reassemble. Japan did the same with their aluminum and petrochemical plansts in the 90s. Those assets would have much more value in Indonesia or Malaysia than in Japan. I look like that it: It cost 10 years and 10 billion. Today one can get for one billion and in one year.

To: Ilaine who wrote (26689)	12/19/2007 11:28:12 PM
From: elmatador	Read Replies (2) \| Respond to of 217901

U.S. exports to Brazil are up nearly 30%. John Deere and Caterpillar are cleaning up there with equipment sales to mining and agricultural businesses riding the wave of high-priced commodities. General Electric peddles jet engines and mining equipment to the South American giant, while IBM, Hewlett-Packard, Compaq and Dell all view Brazil as a choice target for their IT hardware sales forces. That's why is "beneficial as investing in assets that produce new value." exports to India have gained a whopping 65%. Boeing will be busy for several years fulfilling orders, collectively worth $13 billion, from Air India and Jet Airways. Cisco is overflowing with Indian orders for IT networking gear, while Motorola and Alcatel-Lucent are cashing in on the nation's expanding telecommunications infrastructure. Houston-based Transocean Inc. is selling the country deepwater gas drilling platforms as India tries to keep up with its burgeoning energy needs. In the year through September 2007, exports to China were up 16% from the same period in 2006. Timken Co. of Canton, Ohio, is selling oodles of its specialty steel in the Middle Kingdom. China also buys huge volumes of American-grown soybeans and about one-third of the U.S. cotton crop. In addition, sales to China yield indirect benefits for companies that supply the exporters. For example, MTS Systems Corp. of Eden Prairie, Minn., one of the world's leading manufacturers of test equipment, is doing brisk business with U.S. semiconductor makers and others selling to China.

To: Ilaine who wrote (26689)	12/22/2007 5:12:12 PM
From: TobagoJack	Read Replies (1) \| Respond to of 217901

hello cb ilaine, you might remember our conversations regarding The South Sea Bubble, addiction, toxic drugs, overdose, complicated machines, Federal Reserve, and the wastrels Maestro Greensputin and Professor BurnAndKaput, money, credit, and gold and other wonderfully delicious discussions. I provide some links that allows you to trace back easily Message 19992529 April 2004 is just wonderful [btw, gold has doubled between then and now, and had you leveraged 10:1, would have gained more kitco.com , without systemic risk, no roof maintenance bothers, and without property tax ] Message 19996364 April 2004 simply delicious Message 20000518 April 2004 fantastic Message 20008381 Sept 2004 fabulous Message 23089204 Dec 2006 good stuff Message 23101727 Dec 2006 (this one is particularly funny) ... "I assume by "nearly upon us" you mean less than a year, so we'll revisit this in a year." and so we can revisit now? well, any way, i point you to the following barrons article that references all of the above QUOTE ECONOMIC BEAT Study History, Mr. Greenspan By GENE EPSTEIN CAN FORMER FEDERAL RESERVE chairman Alan Greenspan be blamed for the current crisis in mortgage debt? The question is like asking whether the recently departed Mafia lord in charge of pushing drugs might be responsible for the fact that a lot of folks got addicted, and eventually overdosed. Now suppose this same Mafia lord also manages the major methadone clinics and rehab facilities. This is good for his organization, which wants to sell to users whose habits are kept under control. It all makes for a system that runs like a well-oiled machine. The "drug" in question is money and credit, which the central bank dispenses. And it's the ready availability of money and credit that lures the irrationally exuberant into committing finance capital to unsustainable projects that eventually bring on the sort of crisis we're now in. These points are worth making not because we share Greenspan's concern about the way history will remember him. (See his self-exculpatory article in The Wall Street Journal, Dec. 12.) Rather, they help us gain perspective on the current debate about fundamental causes: And as usual, it's the debate about whether government regulators should have been aware of the problem sooner, or whether the former Fed chairman, "the maestro," should have moderated the tempo sooner. In this umpteenth variation on the credit crisis that periodically strikes the world's economies, the cause that is truly fundamental is rarely addressed. That cause is the very regime that makes the expansion of money and credit possible. The existence of that regime is bound to make the economists happy. Being an adviser to presidents can undoubtedly be exciting, as both Greenspan and current Fed chairman Ben S. Bernanke can probably attest, since both once served as Chairman of the President's Council of Economic Advisers. But what can be more glorious than running a virtual fifth estate, in the form of today's central bank? The human susceptibility to "Potomac fever" helps explain why Alan Greenspan so conveniently forgets that he himself once saw the alternative to the modern Fed. "A fully free banking system and fully consistent gold standard have not as yet been achieved," he wrote hopefully in his 1966 essay "Gold and Economic Freedom." [edit: in case folks want a refresher, 321gold.com ] And: "under the gold standard, a free banking system stands as the protector of an economy's stability and balanced growth." In today's environment, anyone who even raises these issues risks being branded as a heretic and crank. One common rejoinder is that credit crises predated the creation of the Federal Reserve. Of course; but the Fed didn't invent money-and-credit expansion, either. The creation of the Federal Reserve in 1913 only made the practice more respectable and systematic, while not incidentally giving the economists a seat at the tables of power. For example, in his Dec. 12 article Greenspan refers to the "South Sea Bubble of the 18th century." [edit: another refresher achamchen.com ] But he does not mention, as economist Jesus Huerta de Soto does in his 2006 book Money, Bank Credit, and Economic Cycles, the role played by credit expansion in the South Sea Bubble via the Bank of England. De Soto's comprehensive work would make for indispensable reading by Greenspan, Bernanke and anyone else wishing to know the way out of our current predicament. UNQUOTE