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

To: Gib Bogle who wrote (56525)	10/16/2009 2:24:11 AM
From: elmatador	Respond to of 218007

I did not write that was wayo. You say so.

To: Gib Bogle who wrote (56525)	10/16/2009 2:25:47 AM
From: elmatador	Respond to of 218007

of course I want to say wayo I would have posted that whatreallyhappened.com

To: Gib Bogle who wrote (56525)	10/16/2009 3:49:42 AM
From: elmatador	1 Recommendation Read Replies (1) \| Respond to of 218007

Saudi Arabia's Money-for-No-Oil Scheme Dubbed a Real Knee-Slapper. Oil-rich Saudi Arabia has a bold new plan to curb greenhouse gases: pay them for the right to stop using so much oil. ELMAT: Of course! farmers are paid not to plant. Fisherman not to fish. Wrokers not to work. It is just natural they want money not to ship oil! More By John Hudson on October 14, 2009 2:18pm Oil-rich Saudi Arabia has a bold new plan to curb greenhouse gases: pay them for the right to stop using so much oil. As The New York Times reports, the Saudis have proposed that countries looking to reduce oil consumption fork over cash as compensation to oil producers. The measure would secure Saudi Arabia's cooperation on climate talks in Copenhagen and would allegedly give the country the kick in the pants it needs to diversify its economy. But the idea of paying Saudi Arabia for oil that's not being used has sparked ridicule, scorn and bemusement across the web. Here are the most savory takes: You Need Our Money to Diversify Your Economy? asks The Economist: "If the billions of dollars per day the world has been sending oil producers for years now haven't been enough to fund diversification, I'm not really sure what will be." Echoing the sentiment, Matthew Yglesias compares Saudi Arabia to its oil-rich brethren: "It’s interesting to look at the range of policy responses different countries have had to oil wealth. Norway has been incredibly far-sighted, while Abu Dhabi and Qatar also score quite well. All the way on the other end of the spectrum are Nigeria and Equatorial Guinea. And then there’s Saudi Arabia, kind of the oil exporters and apparently world champions in chutzpah." Worst Idea Ever, writes Will Bunch at the Philadelphia Daily News: "I always thought that toppling these corrupt, torturing desert oligarchs was one of the main reasons for not using so much foreign oil, almost as much as saving the environment. That said, I'm not surprised that the Saudis would resort to this idea -- once you've proven that you're good at terrorism, extortion isn't that big of a deal, is it?" Raw Story adds, "If you thought the executives at Goldman Sachs were the kings of backroom finance, think again. Goldman Sachs, meet Saudi King Abdullah." Get to the Back of the Line, Saudi Arabia, writes Daniel Drezner at Foreign Policy: "What I do find particularly amusing is that if one thought about compensating dirty energy producers for the costs of climate change mitigation, then oil producers would be close to the back of the line. Coal-producing economies -- like China and the United States -- would be justified in demanding much greater levels of compensation, since coal is a much dirtier energy source. Oil would be in front of natural gas producers, and that's about it." Yes, Let's Subsidize the Saudi Lifestyle, laughs McQ at QandO: "Gee maybe if they hadn’t spent billions on spreading their radical brand of Islam they’d be in better financial shape. What’s happened, however, is they have become accustomed to a particular style of life. They like having Filipinos and Indonesians waiting on them hand and foot and living in virtual slavery. They want to continue to spread their poisonous religion and have you pay for it. They enjoy the profligate life-style and by gosh, they expect you to continue to subsidize it." Because the Saudis Will Spend It Wisely, Right? smirks Michael O'Hare at Same Facts: "They have had more than half a century to accumulate wealth beyond the wildest imagination of people who work for a living, simply because they were struck by underground magic lightning where they happened to have pitched their tents. That wealth could have made them the most educated, productive, creative, fixed-for-centuries society in the world, but they chose to spend it becoming the most incompetent, dependent, and primitive. Now these parasites propose that the world owes them this lifestyle even if our taste for oil changes to a taste for planetary survival?"

To: Gib Bogle who wrote (56525)	10/17/2009 8:54:35 PM
From: TobagoJack	3 Recommendations Read Replies (3) \| Respond to of 218007

it amazes me that american j6p collectively fail to either (1) see the dark implications, (2) appreciate the shadowy possibilities, and/or (3) be fearful of the known unknowns. freedom is not a birth right, but a reward, but only to the deserving. as the collective fails to be deserving, the reward will surely be lost. another example is the proposal of having the irs operate the national healthcare bureaucracy - insane. given that obama is ultimately responsible and accountable, he is either stupid, which i doubt, or evil, which i used to suspect, and am now convinced. what is the point of expending so much energy to fight global communism only to have the core hijacked ? let us watch n brief based on above premise and wait a bit for definitive conclusion on the truth. just in in-tray Another Goldman executive named to key government post as its profits skyrocket [Updated below - Update II (Sat.) - Update III (Sat.) - Update IV (Sat.)] Apparently, the U.S. government didn't have enough Goldman Sachs executives in key financial and regulatory positions, so the following happened this week: A Goldman Sachs executive has been named the first "chief operating officer" of the Securities and Exchange Commission's "enforcement" division. The market watchdog says Adam Storch, vice president in Goldman Sachs' Business Intelligence Group, is assuming the new position of managing executive of the SEC division. The move comes as the SEC revamps its enforcement efforts following the agency's failure to uncover Bernard Madoff's massive fraud scheme for nearly two decades despite numerous red flags. UPDATE: Business Insider has more details on Storch, the new COO of SEC Enforcement: He's "29", and has worked at Goldman Sachs for the last 5 years -- since he was 24 years old. I'm sure there was nobody more qualified for that position and that he'll be an absolutely relentless and fearsome force in helping the SEC enforce applicable laws and regulations. UPDATE II: I owe Adam Storch an apology for unfairly questioning whether he's really the most qualified person for the position of COO in SEC enforcement. After all, in 2002, he was named as a Co-Winner by SUNY-Buffalo of the prestigious Intern of the Year Award, for his sterling summer work in sorting mail and fetching coffee at Deloitte & Touche (h/t thelastnamechosen). salon.com