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


To: abuelita who wrote (54806)9/10/2009 4:57:19 PM
From: Gib Bogle  Read Replies (1) | Respond to of 218059
 
"tj is a capitalist with a capital 'C'"

Geithner, Paulson, Bernanke, Summers and the rest of the GS gang that Obama has left in control of the money are not capitalists with a capital 'C'? Do you see the disconnect?



To: abuelita who wrote (54806)9/11/2009 4:32:10 AM
From: Snowshoe  Read Replies (4) | Respond to of 218059
 
Rose,

From Elmat's thread header: "Sense you are deeply cynical? This board is a good place for you" Eplay

From the 2008 presidential campaign: "Barack Obama will require you to work. He is going to demand that you shed your cynicism. That you put down your divisions. That you come out of your isolation, that you move out of your comfort zones. That you push yourselves to be better. And that you engage. Barack will never allow you to go back to your lives as usual, uninvolved, uninformed." - Michelle Obama

I think this helps explain why some of us here are not so thrilled about Obama. We like our cynicism! We are not easily swayed by Obama's pretty flowery words and pie-in-the-sky promises.

-Snow





To: abuelita who wrote (54806)9/12/2009 12:41:39 PM
From: elmatador  Read Replies (1) | Respond to of 218059
 
Teck 20% interest in the Fort Hills oilsands project owned by Petro-Canada. By taking an interest in Teck, CIC continued its strategic plan to buy foreign resource companies while they are cheap.

Chinese Investment Corporation (CIC)--the sovereign wealth fund responsible for investing roughly $300-billion (and growing) of China's foreign exchange reserves

CIC made its first major investment in a Canadian company in July when it acquired a 17.2% stake in Teck Resources, Canada's largest diversified mining, mineral processing and metallurgical company. Teck also holds a 20% interest in the Fort Hills oilsands project owned by Petro-Canada. By taking an interest in Teck, CIC continued its strategic plan to buy foreign resource companies while they are cheap.

Clearly, China will continue to pour billions, if not trillions, of dollars into direct investments around the world. Much of it thus far has been in businesses that produce the commodity products for which China has enormous excess demand.

calgaryherald.com

They do not hog capital