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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (296434)	12/8/2010 6:17:38 AM
From: Giordano Bruno	Read Replies (2) \| Respond to of 306849

Hey, China gives us 12 months. At that time, U.S. Treasury bonds and the dollar will experience considerable declines." reuters.com So what on earth was Ben Bernanke thinking when he talked to Scott Pelley on CBS’s “60 Minutes” Sunday night? ...In defending himself, Bernanke said some things that left critics and admirers scratching their heads. For example, take his contention about money printing. Here’s the comment in full to provide context: “We’re not printing money. The amount of currency in circulation is not changing. The money supply is not changing in any significant way. What we’re doing is lowering interest rates by buying Treasury securities. And by lowering interest rates, we hope to stimulate the economy to grow faster.” Of course the central bank prints (definition: manufactures or produces out of pixie dust) money. Bernanke invoked that power in 2002 to reassure the public that the Fed has the means to prevent deflation, or a decline in the price level: a “technology known as a printing press that allows it to produce as many U.S. dollars as it wishes at essentially no cost.” ~Caroline Baum Plan B

To: Skeeter Bug who wrote (296434)	12/8/2010 7:01:03 AM
From: Smiling Bob	Read Replies (4) \| Respond to of 306849

Idiot me spent all this time teaching my dog how to roll over and play dead. Now you can be detained for bringing unreported cash on a vacation??? Soon you'll need that just to cover the the carry on bag fees ------- Cash-sniffing dog comes through at airport 1CASH-SNIFFING DOG COMES THROUGH Nina, the currency-sniffing dog, sniffed out a bonanza Friday at Philadelphia International Airport - $41,500 in the checked luggage of a passenger bound for Jamaica. The money was concealed in the suitcase liner, Stephen Sapp, a spokesman for the U.S. Customs and Border Protection agency, said. That was in addition to $1,802 in the carry-on bag of the woman, a U.S. citizen, who was headed to the Caribbean. The woman had declared that she was carrying $5,000, Sapp said. The woman abandoned the $43,302 and was released, he said. There is no limit to how much currency travelers can carry into or out of the country, but they must declare amounts exceeding $10,000. Read more: philly.com Watch sports videos you won't find anywhere else