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Title: Gold Futures Jumps by Most Since March 2009; Silver Rises to 30-Year High
Source:
Bloomberg
URL Source: http://www.bloomberg.com/news/2010- ... fed-boosts-debt-purchases.html
Published: Nov 4, 2010
Author: By Pham-Duy Nguyen
Post Date: 2010-11-04 15:30:02 by Brian S
Keywords: None
Views: 67401
Comments: 102
Gold surged the most since March 2009 and silver rose to a 30-year high after the Federal Reserve said it will buy more debt, driving the dollar lower and boosting demand for precious metals as alternative investments. The dollar fell to the lowest level in almost nine months against a basket of major currencies. The Fed yesterday said it will buy an additional $600 billion of Treasuries through June to spur growth. Before today, gold futures gained 22 percent this year, reaching a record $1,388.10 an ounce on Oct. 14. “The Fed aims to weaken the dollar and create inflation,” said Peter Schiff, the president of Euro Pacific Capital in Westport, Connecticut. “Gold and non-dollar investments should benefit from their efforts.” Gold futures for December delivery rose $40.30, or 3 percent, to $1,377.90 an ounce at 12:02 p.m. on the Comex in New York. A close at that price would mark the biggest gain for a most-active contract since March 19, 2009. The Federal Open Market Committee said yesterday that it was compelled to act because “progress” toward objectives of full employment and stable prices “has been disappointingly slow.” The U.S. and other governments kept interest rates low and spent trillions of dollars to revive the global economy. ‘Inflationary Threat’ “Investors are starting to think about the long-term inflationary threat,” said Adam Klopfenstein, a senior market strategist at Lind-Waldock in Chicago. “The $600 billion in bond purchases looks very friendly for buying anything tangible like gold. Commodities are going to look undervalued.” The Thomson Reuters/Jefferies CRB Index of 19 raw materials rose to a two-year high. “Commodity prices are far more likely to rise than to fall,” said Dennis Gartman, an economist and the editor of the Suffolk, Virginia-based Gartman Letter. The Fed has signaled that “it will do what it must to assure that deflationary pressures are dealt a death blow, that inflation is the better choice.” Inflation expectations, based on the 10-year U.S. Treasury breakeven rate, have fallen to 2.17 percent from 2.4 percent at the beginning of the year. Gold is traditionally a hedge against accelerating consumer prices. Silver futures for December delivery jumped $1.154, or 4.7 percent, to $25.59 an ounce. Earlier, the price reached $25.72, the highest level since March 1980. Palladium futures for December delivery climbed $26.50, or 4.1 percent, to $669.20 an ounce on the New York Mercantile Exchange. Earlier, the price touched $676.85, the highest level since May 2001. Platinum futures for January delivery rose $52.10, or 3.1 percent, to $1,749.30 an ounce.
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#1. To: Brian S (#0)
Glenn Beck was right...Weiner was wrong. NO surprise.
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
Oil shall rise too. Then everything that needs oil to be distributed and used.
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Everything you need to know, right there. 8D http://www.investmenttools.com/futures/bdi_baltic_dry_index.htm
The Peak Oil Crisis: The Leading Edge by Tom Whipple 4.5 Average: 4.5 (2 votes) Please Log in or register to rate this article. Do you remember the furor over drilling for oil in the Alaska National Wildlife Refuge a few years back? The whole country was up in arms. At various times some 50 to 60 percent of Americans favored drilling in the area as they were told this would result in lower gas prices. Last week the USGS lowered its estimate of the amount of oil that could be extracted from the region all the way from 10 billion barrels down to less than one billion, making drilling in the area uneconomical. By the way, the amount of crude being pumped down the Alaskan pipeline now has fallen from 2 million barrels a day (b/d) when the pipeline first opened back in the 1970's to about 600,000 b/d in recent weeks. The trouble is that when the flow of oil falls below a quantity estimated to be 200-300,000 b/d (some say 500,000) the line will have to be closed as there will simply not be enough hot oil being sent down the pipeline to keep it from freezing in winter." $2.80 Gas shuts down the economy.
We're paying over $3 a gallon now. BTW, silver is at $26.60 this morning.
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson
And thank you. California leads the way. You'll also note that Housing is having a problem in your state. It seems to be doing an imitation of Wiley E. Coyote. And I was referring to $2.80 as the Nationwide Avg. ;} CA will probably be at $3.35 or so, when that happens.
We're about there right now.
We're about there right now. In the mean time the right is all up in arms over the fake news about the cost of Obama's Asian trip.
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson
And you'll notice the right will talk about ANYTHING except what matters. 8D Afghan resistance : The untold reality of Kandahar Operation (Part 3) Islamic Emirate of Afghanistan November 4, 2010 www.uruknet.info/?p=m71499&hd=&size=1&l=e Israel does not want anything that could conceivably be called a genuine peace. For the sake of holding on to its ill-gotten gains, it is prepared to remain a garrison state forever. It is prepared to fight wars and to launch them to destroy anyone who stands in the way of the fulfillment of the Zionist dream/nightmare. Nothing is left for the Palestinians in this situation but to declare that, as the Oslo process succeeded or failed as a package, as it has now not so much failed as been killed off by Israel, all the agreements that were made along the way are null and void. Effectively, they, the Palestinians, and we, the rest of the world, because there is no way that the world can avoid becoming embroiled in the very large crisis that will inevitably arise as the apotheosis of all these smaller crises (small by comparison), we are back to 1948. Blocked from swinging in one direction, the pendulum between war and peace must now swing in the other." Caught In A Lie: Bernanke Promised Congress The Federal Reserve Would Not Monetize The Debt But Now That Is Exactly What Is Happening “(Sudden Debt) The largest group of wage earners – a massive 24 million or 16% of the total – made between 1 red cent and $4,999.99. On average they earned $2,016. The average wage for everyone was $39,054, but the median was a mere $26,261. Two thirds of all workers made less than $40,000.”
;} $87 the bbl should do it.
Or the BigOil refinery's eat the diff, and I don't think they'll do that this time. ;}
That's because we punish the rich by making them pay taxes. PAUL: Well, the thing is, we’re all interconnected. There are no rich. There are no middle class. There are no poor. We all are interconnected in the economy. You remember a few years ago, when they tried to tax the yachts, that didn’t work. You know who lost their jobs? The people making the boats, the guys making 50,000 and 60,000 dollars a year lost their jobs. We all either work for rich people or we sell stuff to rich people. So just punishing rich people is as bad for the economy as punishing anyone. Let’s not punish anyone. Let’s keep taxes low and let’s cut spending. Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson
We're all interconnected all right. ;} But not like Paul imagines. We do have the Top 50 000. We do have the Bottom 99%. We don't have representative democracy. Note how since Reagan the Concentration of Wealth is now at a Plutonium from Raw Uranium level. And we're now at the point that the $ must be destroyed for the Wealthy to float their yachts (a bullshit story btw-seen anyone arrested for Bankster Fraud lately?;} But destroy the $ and the US Empire is over. But Default the debt and the Top 50 000/USEmpire are over as well. Happening now. ;}
$2.955 here in mid-michigan and I just received a email alert projecting another increase to the $3.05-$3.15 range. Monday I paid $2.749...
Never swear "allegiance" to anything other than the 'right to change your mind'!
I'm beginning to think we can't afford the wealthy - they're costing us too much.
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson
Welcome to the Bottom 99% Revolution 8D: We have Neo-liberals to the left and Neo-cons to the right, leaving 99% of us without representation. And the saddest part of all, the system is now so rigged via campaign finance, lobbying and the revolving door that it is almost impossible for people who represent us to even get into office, let alone stay in office and enact policies that will bring change. Two politicians in Congress who actually fought for us against the Economic Elite just lost their reelection bids. Alan Grayson and Russ Feingold lost because record amounts of cash went to funding the candidates who ran against them. http://ampedstatus.com/midterm-election-further-demonstrates-need-for-revolution Olbermann just got pulled by MSNBC. Notice a trend? ;}
Thanks. I was wondering what happened to those two.
The instant Grayson attacked the Fed. Feingold tried to take credit for the ObamaCare Law. And showed why Dems are NOT talking about it: "But the new Feingold ad touts Feingold’s support for aspects of the new law that have already taken effect and attacks GOP opponent Ron Johnson on the issue (Johnson wants to repeal the law). It's possible to watch the ad without knowing that it refers to the new health care law, which may be politically wise. Still, Feingold is banking on the notion that elements of the new law are popular -- and repealing them would be unpopular -- despite the poor to middling ratings the law receives overall in surveys."
They lost because they are assholes. They should be tarred and feathered.
libertysflame.com/cgi-bin/readart.cgi?ArtNum=14808 "It is ironic, of course, that the requirement to purchase insurance has become the centerpiece of Republicans’ condemnation of the new law and their court challenge of its constitutionality. Insurers have no reason to worry, however, because they fare very well when the Republicans are in charge. Their profits soared—as did the number of Americans who are uninsured and underinsured—during the Bush years and Republican control of Congress." A Poll on this one issue would be 85:15 against.
I can understand a leftwingnut supporting Feingold. But Grayson? He's a assholes asshole. Which is why Freddie likes him, of course.
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
A Poll on this one issue would be 85:15 against. The Above was the CenterPiece quote of that article and I had to go thru more than 1/2 of same to find that quote. They all know it. Call it the STAMP Mandate. King George should've had such councilors. ;}
And of course, 'healthcare' is always a consequence of FOOD: The FDA rejects constitutionalism even according to the diminished principles of “representative democracy”. When I first read about Farm-to-Consumer’s lawsuit and saw these headings in the article: a. There is No Right to Consume or Feed Children Any Particular Food b. There is No Generalized Right to Bodily and Physical Health c. There is No Fundamental Right to Freedom of Contract I thought they were interpretative summaries. But nope – they’re verbatim from the brief’s outline. When reading claims by the FDA, and wherever we see it claiming powers and even obligations the way it does in this brief, we should keep in mind that it has consistently refused to exercise such powers where it comes to large producers." http://attempter.wordpress.com/ Cotton above $1.40 the lb. Unheard of. Soy closing in on $13 the bu. Corn attacking $6. Wheat going for $8 the bu. Those are starving American prices. ;}
Those are starving American prices. ;} The problem, however, is that for the lowest 20% of Americans, as per the BLS, food and energy purchases represent over 50% of their after-tax income (a number which drops to 10% for the wealthiest twenty percentile). In other words should rampant liquidity end up pushing food and energy prices to double (something that is a distinct possibility currently), Ben Bernanke may have very well sentenced about 60 million Americans to a hungry and very cold winter, let alone having any resources to buy trinkets with the imaginary wealth effect which for over 80% of the US population will never come." -zerohedge
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
You, an expert in that category, would know.
Yes I can spot you guys a mile away.
The 'All' to those who don't want to be 'pinged'...sometimes 8D: "But also note that the world in which the Fed wants to sell the bonds is also a world of rising inflation and therefore rising interest rates. This is the world of huge mark to market losses on the bonds themselves. The Fed is saying don’t worry about mark to market losses because we will hold the bonds. The Fed is saying don’t worry about inflation because we will sell the bonds. Both of those statements cannot be true at the same time. You can hold bonds and you can sell bonds but you can’t do both at once. You will want to sell when rates are going up but that’s when losses will be the greatest. So the time when you most want to sell is the time when you will most want to hold. The Fed may say they can finesse this by selling shorter maturities only to reduce money supply and holding onto longer maturities. But that just further degrades the quality of the Fed’s balance sheet and turns it into a one-way roach motel for highly volatile and junk assets. So, here’s the bottom line on money printing, or QE if you prefer. If nothing happens, the whole thing was a waste of time. If inflation takes off, the Fed will have to choose between holding bonds and letting inflation get worse or selling bonds and going bankrupt in the process. Since no entity goes down without a fight, the Fed will naturally hold the bonds and let inflation take off. Do not ask about the exit strategy from QE; there is no exit. Follow Jim Rickards on Twitter at twitter.com/JamesGRickards % Rates Cannot go up w/o destroying the Fed. But the $ can't show any weakness w/ ZIRP. A destroyed $ means a destroyed Empire. And Starving Americans/Tent Cities/ Bonus Armies.
Ilargi: " Yeah, the markets had a knee-jerk upward reaction. And that, or so it seems, is all anybody needs. Hyperinflation is sure to follow, or so they say. Then again, they said the same when QE1 occurred. Didn't happen, though. Will it this time? Will gold rise to the stratosphere? If so, who will buy? Bank of America? With your QE2 billions? Not very likely, they need that free cash to cover up increasing losses. Is it that hard to understand, simple calculus? That every dollar spent ostensibly "on your behalf" will have to be paid back by you, even if not a penny of this, your own, money, went towards making your life better? DEFLATION. An acre of Farmland for an OZ of Gold. ;}
I was truly shocked when he wasn't re-elected.
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson
See Japan for details on all the above. 8D
I was truly shocked when he wasn't re-elected. I think Wisconsin just got tired. They'll put up someone from the DemocraticFarmerLabor Party next. After all, LaFollette came from Wisconsin. ;}
I was truly shocked when he wasn't re-elected. I was happy. I hate enemies of free speech and the constitution. He was a pompous ass.
I'm sorry you don't know the difference between a human being and a corporation; the founding fathers wouldn't make that mistake.
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson
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LOL
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson
So since a corporation isn't a person you can't tax them right? Be consistent.
Russ Feingold I was truly shocked when he wasn't re-elected. It was only obvious for the past year he was going to lose....(eyes rolling)
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
The Founding Fathers would be leading a rebellion against this regime.
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
Are taxes collected on humans?
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson
The founding fathers didn't confuse freedom for people with freedom for money. "We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness." That would seem to apply to what God has created, not to what human beings created by law.
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson
Be consistent. If corporations are persons, they can run for political office - right? Opinion of Stevens, J.: The basic premise underlying the Court’s ruling is its iteration, and constant reiteration, of the proposition that the First Amendment bars regulatory distinctions based on a speaker’s identity, including its “identity” as a corporation. While that glittering generality has rhetorical appeal, it is not a correct statement of the law. Nor does it tell us when a corporation may engage in electioneering that some of its shareholders oppose. It does not even resolve the specific question whether Citizens United may be required to finance some of its messages with the money in its PAC. The conceit that corporations must be treated identically to natural persons in the political sphere is not only inaccurate but also inadequate to justify the Court’s disposition of this case. In the context of election to public office, the distinction between corporate and human speakers is significant. Although they make enormous contributions to our society, corporations are not actually members of it. They cannot vote or run for office. Because they may be managed and controlled by nonresidents, their interests may conflict in fundamental respects with the interests of eligible voters. The financial resources, legal structure, and instrumental orientation of corporations raise legitimate concerns about their role in the electoral process. Our lawmakers have a compelling constitutional basis, if not also a democratic duty, to take measures designed to guard against the potentially deleterious effects of corporate spending in local and national races. www.law.cornell.edu/supct/html/08-205.ZX.html Be consistent.
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson
The Founding Fathers would be leading a rebellion against this regime. The founding fathers didn't confuse freedom for people with freedom for money. True, only modern day liberals like yourself do.
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
Sure. Corporations DON'T PAY TAXES We pay them for them, via higher PRICES ON GOODS AND SERVICES. Please make a note of this.
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
Note who's attacking you. Ignoring me. 8D 'Fisher described the soft and hard coral they found seven miles southwest of the well as an underwater graveyard. He said oil probably passed over the coral and killed it. The coral has "been dying for months," he said. "What we are looking at is a combination of dead gooey tissues and sediment. Gunk is a good word for what it is." … ' Why 'Muricans' can't have nice things. 8D
We pay them for them, via higher PRICES ON GOODS AND SERVICES. What is the percent of the price of a good or service that is tax?
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson
It is correct. Tell me mama how would the govt stop corporations from having spokesmen? How would they do that? War was to much of a pussy to answer the question then he ran up under Robins skirt under her left knee for protection. Can you answer the question?
If a corporation is a person, why doesn't it open its mouth and speak for itself? "corporation 1. an association of individuals, created by law or under authority of law, having a continuous existence independent of the existences of its members, and powers and liabilities distinct from those of its members." The Constitution begins with these words We the People of the United States... and Thomas Jefferson wrote We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights... it seems clear to me that the founding fathers understood people to be natural born persons, not an entity created by law. War was to much of a pussy to answer the question then he ran up under Robins skirt under her left knee for protection. Can you answer the question? Sonny, war isn't here anymore to answer for himself; for that reason Mama says the above is in poor taste and unbecoming a Christian.
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson
So you admit that it is actually people exercising their right to speak. About time.
I see a rhetoric question. There is no admission that such an entity is a person in her quote. You are just guilty of wishful thinking, nothing more.
It's : rhetorical ( adj )
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No. I'm not.
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson
Then do tell by what authority does the government limit any person from speaking at any time for any reason you can come up with.
We're not talking about limiting the speech of any person. Any person who has invested in, or works for a corporation is free to speak (except for Keith Olbermann, of course, who may not speak by order of the corporation).
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson
In a statement, FAIR pointed to Center for Responsive Politics data, showing that GE made over $2 million in political contributions during the 2010 election cycle alone. In addition, GE spent over $30 million on lobbyists during the same election cycle and gave over $400,000 to Democratic and Republican governors since last year. When comparing Olbermann's donations to other NBC employee violations that went unpunished, there is a major contradiction in policy enforcement. In 2004, it was revealed that NBC chief executive Robert Wright donated thousands in campaign contributions. Later, in 2007, it was uncovered that fellow MSNBC host Joe Scarborough made a $4,200 donation to a Republican candidate. However, both Wright and Scarborough actions resulted in no suspensions or firings. http://www.examiner.com/political-buzz-in-washington-dc/msnbc-s-owners-give-millions-political-contributions Interesting how that worked out to a 'do as I say, not as I do.'
-- Ah, but when I weary of the struggle of my spell checker, used keyboard I installed on my HP lappie and my attention span when using one to correct the other, I just remember Basil Marceaux's struggle to speak as he ran as the Republican candidate for Gov in Tennessee. And then I feel better.
Four "I's" . It's all about you, you little smurf bitch. Diminutive males often have self esteem issues.
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Maybe that's what it was all about - reminding Keith who gets to say and who has to do.
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson
So you support the Citizens United case or you are a liar. Which is it?
Corporations DON'T PAY TAXES We pay them for them, via higher PRICES ON GOODS AND SERVICES. What is the percent of the price of a good or service that is tax? Variables in figuring it include county, state, THEN federal taxes. No hard and fast 'rule' due to this. But the fact remains corporations don't pay taxes. WE DO it for them via higher prices than the market requires or demands. Which of course means 'taxing corporations' ala the leftwing's desire, is just ANOTHER TAX on 'We the People'.
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
Pure bullshit. Olbermann violated the terms of his employment, and got smacked for doing so. The fact it was also highly unethical, given he was featuring the one Dem he donated to virtually monthly was actually worse than the contribution he made financially.
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
That was a split decision, I support the dissenting opinion. Beyond that, relating money to the right to speak reminds me of this, "All animals are equal, but some animals are more equal than others."
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson
Beyond that, relating money to the right to speak reminds me of this, "All animals are equal, but some animals are more equal than others." The minority opinion attempted to shut people up. The constitution is very clear. They are allowed to make NO LAW restricting free speech. In order to shut corporations up and not allowing people to speak for them would require a law restricting free speech. That is forbidden in the constitution. Checkmate. N
That's correct. Because income tax is paid on profit it would be pretty darn difficult to figure what portion of the price of a product or service is tax, or how much prices would fall, or if they would fall at all, if corporations were exempt. But the fact remains corporations don't pay taxes. WE DO it for them via higher prices than the market requires or demands. My guess is that if taxes were removed from corporations, much of the savings would go to bonuses and dividends, not in lower prices (we also pay CEO compensation). Prices wouldn't fall by much, if at all, and we would be taxed at a higher rate to compensate for business's good tax fortune.
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson
No, its not 'difficult' at all. You can look it up locally, quite easily. As for the theory about 'much of the savings would go into bonuses and dividends', not in a world competing with Wal Mart, and not in this particular economic condition where providers of goods and services are scrambling for customers. But the bottom line remains: Corporations do not pay taxes, the customers for their goods and services do.
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
At five foot six inches with a thirty one inch waist yet weighing 168 because muscle is heavier than fat, you should not worry about my height. Worry that I could easily knot you into pretzel boy if you ever put your nose as close to my ass in real life as you do metaphorically in forum. In any event, I am amused you dedicate your existence to following me around spending the same level of energy hating me people expend in the act of deep love of another. My height is something I wouldn't change for anything, so where does that leave your silly theory? Besides, even if it was an issue; it would just be an issue of height. That would be preferable to being ignorant, lacking brain horsepower and being socially inept as is the case with you. It's nice having you so attentive. You feel it bothers, it doesn't. With you so close wanting to stick your nose up my butt there is always entertainment at hand. And it is appreciated. ;-D
LOL! Even if you were seven feet tall and weighed a rock solid 400#, you'd still be nothing but a insipid little pussy ferret girl. Because what counts is the fight inside of a person, and you are nothing but an all talk, puffed up little pussy. "Bragging" about how you'd kick somebody's ass on the web! LOL! Real "MACHO"! NOT!, you little simpering libturd bitch. YOU are a JOKE! Pointing at you, LMAOAY!!!!!!!!!!!!!!!!!!!
Living in mouth breather's empty noggins 24/7/365 totally rent free!
I'm not possitive, but I think I read a post where someone said WhiteSands is female..correct me if I'm wrong WS!
"I really wanna care. I wanna feel somethin'. Let me dig a little deeper:. No, My give-a-damn's busted"~ Messina Jo Dee
Mammy, we don't call her MrsBadeye for nothin'.
LOL! Shouldn't you be somewhere sucking dwarf's a$$hole freddy?
Living in mouth breather's empty noggins 24/7/365 totally rent free!
Who's we, horse fucker?
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
Oh! Then that means you're getting your ass kicked by another woman...figures!
"I really wanna care. I wanna feel somethin'. Let me dig a little deeper:. No, My give-a-damn's busted"~ Messina Jo Dee
Individuals who make up the corporation may speak all they wish on behalf of the corporation that, BTW, has no independent thoughts, opinions, or voice because it does not exist except for those human beings. In the upside down world the corporation is human and money is speech.
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson
Bottom line, its a chicken or the egg question - we could just as easily say that business pays all taxes because one way or another most people get their money from some kind of business.
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson
ohhh you're an angry little smurf! 9 references to yourself in one post! A clear sign you suffer low self esteem. Short men were found most jealous in the presence of powerful, tall potential rivals It is said they are prone to bouts of aggression, showing off and keeping a close eye on their wives or girlfriends at parties. Vertically challenged men may argue that the notion of a "short man syndrome" is an unfair, inaccurate stereotype. The findings could help explain why diminutive males from Napoleon Bonaparte and Benito Mussolini to Tom Cruise and Dudley Moore have on occasion been accused of overcompensating for a lack of physical stature.
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This is FACT. What you posted is an attempt at rationalization that falls short.
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
The fact is that money isn't anything unless it flows, and when it flows, it gets taxed. You rationalize like a hormonal teenage boy trying to convince his virgin girlfriend that it will be good for her too.
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson
And you're beginning to talk like those foul mouthed liberal fags you hang with at the nest, backstabbing the members here at LF, badeye in particular!
"I really wanna care. I wanna feel somethin'. Let me dig a little deeper:. No, My give-a-damn's busted"~ Messina Jo Dee
Sorry goofy, I learned early on 'vigins' aren't worth the effort. Corporations don't pay taxes. This is simple fact, and basic economics 101. Its not surprising a uber liberal doesn't understand this, or chooses to avoid admitting its reality.
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
(chuckle) Whats posted by my anti groupies is of no importance, beyond noting how far into their brain I am. Some of them are STILL worked up over comments from five or more years ago. I take it as a badge of honor, actually, and the clearest admission of winning these 'forum wars' you can ever receive. I've never hit that website..no reason to.
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
I respect your expertise in the foul mouth department.
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson
Hmmm - not laughing now, are you?
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson
Well Mammy, you've got the foul-mouthed part down pat. I'm not so sure about how you and Stone know so much about fags. Personal experience?
Here you are, with your pointy little nose planted firmly up my ass again. I find the culture of deceit and abuse of this forum fascinating. The theme you play with here was first introduced by Stone, and now you are here being his pit bull laying down suppressive fire with it. If i was vain and arrogant, I wouldn't be engaged in the politics of iconoclastic endeavor. People who think of themselves first and are willing to put the truth in the back seen do so to be successful in politics or business. They do not engage in dissent. It is precisely because I am educated into the nuances of how Machiavellian tactics work, I see this game you are playing. And you are not smart enough to engage in this without prompting. If I was arrogant and too full of myself for my own good, I would be insulted and take offense. But I see the game you guys are playing and I'm merely amused. You are Stone's Crusader Rabbit, nothing more. Amusing post, thanks for sharing, buttercup. (and for pity sake, clean that shit off of your nose.)
That's true, I do, I speak what's on mind without the sugar coating, but then I've never attempted to pass myself off as some ignorant welfare teat sucker either. As for the other's and their sexual preference, their posts speak for themselves...
"I really wanna care. I wanna feel somethin'. Let me dig a little deeper:. No, My give-a-damn's busted"~ Messina Jo Dee
War refers to Sand as female, and I believe this to be the case as well. However, this interlocutor takes on male attack tactics, so I take the cue on how someone likes to be treated and will refer to her as a he. Sand is filling a role Stone wants filled in his forum of someone to try to harass viewpoints into silence. Stone does not want to overtly ban and make his political paradigm officially the only one here, he works in a sneakier and more passive aggressive way. Sand is a tool and allows herself to be manipulated in a submissive way, and I find it fascinating to see this character work trying to act as a male, but ultimately failing as her true gender unconsciously shines through in interesting ways. I am every bit as much a sociologist as I am a political animal, and people like her make this an interesting ant farm to watch. The dysfunction and games are fascinating to watch. If I was here merely to talk politics and not to watch the interplay of abuse and deceit, I would of stopped checking this loony bin out a long time ago.
How about some examples so we can see what you see? According to Stone, 90% of the nest are homos, and the rest are metrosexual fags. I'd like to see how you know that by their posting style.
I think Whitey's real name is Pat. See the problem?
Then I am possitive you won't have any trouble finding that quote where McCain said 'Palin isn't qualified to be president. I know Bush said it, it's everywhere on the net, but not McCain...
"I really wanna care. I wanna feel somethin'. Let me dig a little deeper:. No, My give-a-damn's busted"~ Messina Jo Dee
I did, and already posted a quote sneaky was talking about. I also noticed a few posts back someone beat me to it. Anyway, as Lily Tomlin once said, ''Man invented language to satisfy his deep need to complain.'' Now Sneaky has been proven to be correct, the argument will shift to parsing the nuances of McCain's words. That's just how it goes in discussions like that.
Yup. If male, he stands Pat in front of the urinal when he pees. Right?
Bigotry takes different forms and has different targets, but the social mechanics are always the same. People who institutionalize racism are sure that if a Black man looks at a White woman, he's hell bent to leather obsessing about getting her in bed. People who institutionalize homophobia invent equally absurd stereotypical behaviorisms about homosexuals and project them on anyone they don't like and accuse them of being gay because they claim to be experts on gay behavior.
I don't know which post to look for, point it out, if it's true, I will apologize...but I won't play word games.
"I really wanna care. I wanna feel somethin'. Let me dig a little deeper:. No, My give-a-damn's busted"~ Messina Jo Dee
What in the world would you have to apologize for? It is obvious to anyone watching McCain's interview objectively that he does not support her for president. And he would if he thought her ready and able to do the job. The thing going on here is derived from the same principle that makes the average woman prefer beauty to brains. They know all too well the average man can see better than he can think. Stone likes what he sees when ogling Palin, and the hormonal reaction that causes this lust filters out anything that knocks anyone he takes pleasure in looking at or listening to.
Read my lips! I said I would apologize if you (or pete), show us where McCain said Palin 'Isn't Qualified to be president'....neither of you have done this. Either McCain said it, or he didn't, which is it? No one asked you what you 'thought mccain said', I'm calling both of you Bald Faced Liars!
"I really wanna care. I wanna feel somethin'. Let me dig a little deeper:. No, My give-a-damn's busted"~ Messina Jo Dee
Read mine, opinions are like assholes, everyone has one. Call me what you want, people consider the source anyway. The simple truth is McCain would protect his reputation in that he chose her to be his running mate if he thought her qualified for the job. HE not only excluded her, he made a reference to excluding a mention of her as a possible presidential candidate because he knew the omission would spark the back biting from the Palin camp which is a large part of why he doesn't support her for POTUS. He sent a message to them not to bother contacting him to whine about his change of heart about her. ;-D
And I am indeed 'bald' faced' my dear. How did you know I shave every morning? I never expected a Miss Clara's crystal ball moment from you; I'm impressed.
Sure I am goofy, those idiots are so ate up with the goofies you can't help but laugh. Surprised you would think otherwise...NOT...(laughing)
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
Yep. Hilarious that a couple of these posters whine constantly about mealy mouthed politicians...and citing here a mealy mouthed answer from McCain. The irony is too rich.
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
I never expected a Miss Clara's crystal ball moment from you; I'm impressed. Two sentences with four references to yourself. Little smurfs disease. Short men were found most jealous in the presence of powerful, tall potential rivals It is said they are prone to bouts of aggression, showing off and keeping a close eye on their wives or girlfriends at parties.
-----------------------------------------------------------
Smurf is an anarchist for larger government.
-----------------------------------------------------------
English not your first language,bitch?
"I adore John McCain, support him 100 percent and will do everything I can to support his reelection. As everyone knows, I was honored and proud to run with him. And Todd and I were with him in D.C. just a week ago." (Sarah Palin,Dec 2009) ************************************ DID Palin say or write these things or not? (Me) I don't know or F ing care. (Mad Dog posted on 2009-12-26 16:36:33 ET,post # 105 http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=5510&Disp=114#C114)
#2. To: Brian S (#0)
The dollar fell to the lowest level in almost nine months against a basket of major currencies.
Barrack Hussein Obama
President of the United States of America said that some Americans ; "They can come for the ride, but they gotta sit in back."
#3. To: Brian S (#0)
Gold surged the most since March 2009
#4. To: All (#3)
#5. To: mcgowanjm (#4)
$2.80 Gas shuts down the economy.
#6. To: lucysmom (#5)
We're paying over $3 a gallon now.
#7. To: mcgowanjm (#4)
$2.80 Gas shuts down the economy.
#8. To: Fred Mertz, mcgowanjm (#7)
$2.80 Gas shuts down the economy.
#9. To: lucysmom (#8)
(Edited)
In the mean time the right is all up in arms over the fake news about the cost of Obama's Asian trip.
#10. To: Fred Mertz (#7)
We're about there right now.
#11. To: All (#10)
$87 the bbl should do it.
#12. To: mcgowanjm (#9)
“(Sudden Debt) The largest group of wage earners – a massive 24 million or 16% of the total – made between 1 red cent and $4,999.99. On average they earned $2,016.
#13. To: lucysmom (#12)
PAUL: Well, the thing is, we’re all interconnected. There are no rich. There are no middle class. There are no poor. We all are interconnected in the economy. You remember a few years ago, when they tried to tax the yachts, that didn’t work. You know who lost their jobs? The people making the boats, the guys making 50,000 and 60,000 dollars a year lost their jobs. We all either work for rich people or we sell stuff to rich people. So just punishing rich people is as bad for the economy as punishing anyone. Let’s not punish anyone. Let’s keep taxes low and let’s cut spending.
#14. To: lucysmom (#5)
We're paying over $3 a gallon now.
#15. To: mcgowanjm (#13)
We do have the Top 50 000. We do have the Bottom 99%.
#16. To: lucysmom (#15)
I'm beginning to think we can't afford the wealthy - they're costing us too much.
#17. To: mcgowanjm (#16)
Alan Grayson and Russ Feingold lost because record amounts of cash went to funding the candidates who ran against them.
#18. To: Fred Mertz (#17)
Alan Grayson
#19. To: Fred Mertz (#17)
Alan Grayson and Russ Feingold lost because record amounts of cash went to funding the candidates who ran against them.
#20. To: Fred Mertz (#17)
(Edited)
Thanks. I was wondering what happened to those two.
#21. To: A K A Stone (#19)
#22. To: All (#20)
"It is ironic, of course, that the requirement to purchase insurance has become the centerpiece of Republicans’ condemnation of the new law and their court challenge of its constitutionality. Insurers have no reason to worry, however, because they fare very well when the Republicans are in charge. Their profits soared—as did the number of Americans who are uninsured and underinsured—during the Bush years and Republican control of Congress."
#23. To: All (#22)
#24. To: All (#23)
Cotton above $1.40 the lb. Unheard of. Soy closing in on $13 the bu. Corn attacking $6. Wheat going for $8 the bu.
#25. To: Brian S (#0)
Glenn Beck was right...Weiner was wrong. NO surprise.
#26. To: A K A Stone (#19)
They lost because they are assholes.
#27. To: Fred Mertz (#26)
#28. To: Fred Mertz, A K A Stone, All (#26)
(Edited)
#29. To: All (#28)
#30. To: mcgowanjm (#16)
Russ Feingold
#31. To: All (#29)
#32. To: lucysmom (#30)
Russ Feingold
#33. To: lucysmom (#30)
Russ Feingold
#34. To: A K A Stone (#33)
I was happy. I hate enemies of free speech and the constitution.
#35. To: A K A Stone (#33)
I hate enemies of free speech and the constitution.
#36. To: Fred Mertz (#35)
#37. To: lucysmom (#34)
#38. To: lucysmom (#30)
#39. To: lucysmom (#34)
I'm sorry you don't know the difference between a human being and a corporation; the founding fathers wouldn't make that mistake.
#40. To: A K A Stone (#37)
So since a corporation isn't a person you can't tax them right?
#41. To: Badeye (#39)
The Founding Fathers would be leading a rebellion against this regime.
#42. To: A K A Stone, Badeye (#37)
So since a corporation isn't a person you can't tax them right?
#43. To: lucysmom (#41)
#44. To: lucysmom (#42)
Be consistent.
#45. To: lucysmom, All (#32)
#46. To: Badeye (#44)
Corporations DON'T PAY TAXES
#47. To: lucysmom (#42)
it is not a correct statement of the law.
#48. To: A K A Stone (#47)
Tell me mama how would the govt stop corporations from having spokesmen?
#49. To: lucysmom (#48)
If a corporation is a person, why doesn't it open its mouth and speak for itself?
#50. To: A K A Stone (#49)
"If a corporation is a person, why doesn't it open its mouth and speak for itself?"
#51. To: Smurf Bitch, A K A Stone (#50)
I see a rhetoric question.
Barrack Hussein Obama
President of the United States of America said that some Americans ; "They can come for the ride, but they gotta sit in back."
#52. To: A K A Stone (#49)
So you admit that it is actually people exercising their right to speak. About time.
#53. To: lucysmom (#52)
#54. To: A K A Stone (#53)
Then do tell by what authority does the government limit any person from speaking at any time for any reason you can come up with.
#55. To: lucysmom (#54)
WASHINGTON - After Politico's reporting that MSNBC host Keith Olbermann recently donated $7,200 to Democratic candidates, in violation of NBC's company rules that restrict employees from making political contributions, MSNBC president Phil Griffin suspended Olbermann indefinitely without pay. However, as reported by media watchdog, Fairness & Accuracy In Reporting (FAIR), it appears that MSNBC's parent company, General Electric (GE) along with potential new owner Comcast, both violated the company's "news policy and standards" by each donating millions of dollars in campaign contributions.
#56. To: WhiteSands (#51)
#57. To: Ferret Mike (#56)
Barrack Hussein Obama
President of the United States of America said that some Americans ; "They can come for the ride, but they gotta sit in back."
#58. To: Ferret Mike (#55)
Interesting how that worked out to a 'do as I say, not as I do.'
#59. To: lucysmom (#54)
We're not talking about limiting the speech of any person.
#60. To: lucysmom (#46)
#61. To: lucysmom (#54)
We're not talking about limiting the speech of any person. Any person who has invested in, or works for a corporation is free to speak (except for Keith Olbermann, of course, who may not speak by order of the corporation).
#62. To: A K A Stone (#59)
So you support the Citizens United case or you are a liar. Which is it?
#63. To: lucysmom (#62)
That was a split decision, I support the dissenting opinion.
#64. To: Badeye (#60)
Variables in figuring it include county, state, THEN federal taxes. No hard and fast 'rule' due to this.
#65. To: lucysmom (#64)
That's correct. Because income tax is paid on profit it would be pretty darn difficult to figure what portion of the price of a product or service is tax, or how much prices would fall, or if they would fall at all, if corporations were exempt.
#66. To: WhiteSands (#57)
"Diminutive males often have self esteem issues."
#67. To: cornflake boy ferret girl Ferret Mike, white sands (#66)
#68. To: Mad Dog, Ferret Mike, WhiteSands (#67)
"Bragging" about how you'd kick somebody's ass on the web! LOL! Real "MACHO"! NOT"!
#69. To: Murron (#68)
#70. To: Freddy the fudge packing racist libTURD moron Mertz, Murron (#69)
#71. To: Fred Mertz (#69)
Mammy, we don't call her MrsBadeye for nothin'.
#72. To: Fred Mertz (#69)
(Edited)
"we don't call her MrsBadeye for nothin'."
#73. To: A K A Stone (#63)
In order to shut corporations up and not allowing people to speak for them would require a law restricting free speech.
#74. To: Badeye (#65)
But the bottom line remains: Corporations do not pay taxes, the customers for their goods and services do.
#75. To: Ferret Mike, aka Little Smurf Bitch or He-that-was-pwned-by-a-6-dollar-an-hour-rent-a-cop (#66)
Barrack Hussein Obama
President of the United States of America said that some Americans ; "They can come for the ride, but they gotta sit in back."
#76. To: lucysmom (#74)
But the bottom line remains: Corporations do not pay taxes, the customers for their goods and services do.
#77. To: Badeye (#76)
This is FACT. What you posted is an attempt at rationalization that falls short.
#78. To: lucysmom, Badeye (#77)
"You rationalize like a hormonal teenage boy trying to convince his virgin girlfriend that it will be good for her too".
#79. To: lucysmom (#77)
You rationalize like a hormonal teenage boy trying to convince his virgin girlfriend that it will be good for her too.
#80. To: Murron (#78)
#81. To: Murron (#78)
And you're beginning to talk like those foul mouthed liberal fags...
#82. To: Badeye (#80)
I take it as a badge of honor, actually, and the clearest admission of winning these 'forum wars' you can ever receive.
#83. To: Murron (#78)
And you're beginning to talk like those foul mouthed liberal fags you hang with at the nest,
#84. To: WhiteSands (#75)
(Edited)
"9 references to yourself in one post!"
#85. To: Skip Intro (#83)
Well Mammy, you've got the foul-mouthed part down pat. I'm not so sure about how you and Stone know so much about fags. Personal experience?
#86. To: Murron (#68)
"I'm not possitive, but I think I read a post where someone said WhiteSands is female..correct me if I'm wrong WS!"
#87. To: Murron (#85)
As for the other's and their sexual preference, their posts speak for themselves...
#88. To: Ferret Mike (#86)
#89. To: Ferret Mike (#86)
"I am every bit as much a sociologist as I am a political animal"
#90. To: Murron (#89)
#91. To: Skip Intro (#88)
''See the problem?''
#92. To: Skip Intro (#87)
(Edited)
''I'd like to see how you know that by their posting style.''
#93. To: Ferret Mike (#90)
#94. To: Murron (#93)
http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=14841&Disp=75#C54
#95. To: Ferret Mike, Badeye, sneaky pete, A K A Stone (#94)
"What in the world would you have to apologize for? It is obvious to anyone watching McCain's interview objectively that he does not support her for president. And he would if he thought her ready and able to do the job".
#96. To: Murron (#95)
(Edited)
#97. To: Murron (#95)
#98. To: lucysmom (#82)
I take it as a badge of honor, actually, and the clearest admission of winning these 'forum wars' you can ever receive. Hmmm - not laughing now, are you?
#99. To: Murron (#95)
Either McCain said it, or he didn't, which is it? No one asked you what you 'thought mccain said',
#100. To: Ferret Mike, Bitch Smurf (#97)
And I am indeed 'bald' faced' my dear. How did you know I shave every morning?
Barrack Hussein Obama
President of the United States of America said that some Americans ; "They can come for the ride, but they gotta sit in back."
#101. To: Badeye, Murron, Smurf Bitch (#99)
The irony is too rich.
Barrack Hussein Obama
President of the United States of America said that some Americans ; "They can come for the ride, but they gotta sit in back."
#102. To: Murron (#95)
I'm calling both of you Bald Faced Liars!
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