Financial topics

[Higgenbotham]

Even something that's somewhat better than that would not provide a living wage; and unless an American student stays in school or performs approved community service post-graduation, he/she will have to start paying on any student loans that he/she has. —Best regards, Marc

That's another cogent point. When I had those well paying Summer jobs and education was much cheaper, those jobs covered the entire cost of my schooling. There was no need to obtain any loans.

[OLD1953]

I think I convinced some people I was crazy on an interview a few years back. They asked me if I understood backups and I said of course I do. Then they asked about some particular version of some off breed backup software and I told them flatly I'd never heard of it. This got them all upset, and I told them "there really is only one backup program, because there really is only one way to do backups". They were sure I was crazy.

Ok, think about it. You can copy a file, you can copy changed files, you can archive files that aren't used any more. You have to have special "agents" or programs running on any machine that stores data in a structured manner (database files, SQL, Oracle, Exchange) or you dump the material into a static file by a schedule and backup the static file that you can use to recover the data in case of loss. You will usually have a "disaster recovery" option in case you have the OS drive on a server fail totally.

There are a few other items, but that's the gist of it. It's a damn short list. Honestly, there isn't much you can do to obfuscate that interface. It's all there out in front of you. There really is only one backup program, it just has different skins and is sold by different companies. I'm not crazy, I just understand this.

School loans are the bane of existence now. We are going to lose a lot of young minds to Canada or Australia if that doesn't change shortly.

[Trevor]

What really irritates me is the complete dismissal of any complaints we may have about how we're treated. If we say that our boss is a prick, the response is just stating that we refuse to work hard. If you try to explain, they only get angry, sometimes even blow up.

[Higgenbotham]

IMF's Christine Lagarde warns of '1930s moment'

In a BBC interview, Ms Lagarde said now was the time to act in order to avoid a 1930s-style depression.

She said: "Looking at it from this perspective, 2012 must be a year of healing. But as Hippocrates put it long ago: 'Healing is a matter of time, but it is sometimes also a matter of opportunity.'

"And today, it has to be an opportunity of our own making. Otherwise, we could easily slide into a 1930s moment.

"A moment where trust and co-operation break down and countries turn inward. A moment, ultimately, leading to a downward spiral that could engulf the entire world."

http://www.bbc.co.uk/news/business-16689211

Granville Says DJIA to Fall 4,000 Points by Year's End
http://www.youtube.com/watch?v=ehWrbBiPxOk

[OLD1953]

I think the bulk of the financial ministers and analysts understand fully that we are indeed looking at at 1930's moment. The question they can't answer is "how do we avoid it?".

And they can't answer it because they can't give an answer that will be accepted by the people in control. How can Greece maintain any sort of economy if it is tied at the hip to Germany? How can Italy or Ireland maintain? How can Italy have a growing or even static economy with their birth rates for the last 20 years?

There aren't any answers that are acceptable. Greece, Italy, Spain and the other less productive nations have to be given some kind of second class EURO status or they have to leave the EURO. Pouring money into that problem just pushs it down the road a bit. If Greece agreed to ALL the austerity measures and the ECB bought ALL the Greek debt and simply cancelled it, how long before they'd be back in trouble, given current rates of actual economic growth and reasonable projections given birth rates and so forth? I'd be surprised if that projection went longer than 20 years without showing them in serious trouble again.

Greece cannot stay in the EURO. It is impossible.

Italy will not allow a million Muslim immigrants per year to bump up their population. That's impossible. (Imagine the fuss the Vatican would put up, oh my.)

There are no painless solutions, and that's all that's acceptable. The only solutions are to allow these countries endless poverty (unacceptable), remove them from the EURO (unacceptable) or bring in a million foreign workers to improve their production (unacceptable). The quantity of spending is almost irrelevant, what is killing them is balance of trade, and it cannot be balanced while they are tied to the EURO.

[aedens]

The treadmill will only slow enough so the doornobs are not turned and the door opened
in the political economy that wishes to be left alone. The road of history has the same
inertia and story. Let not over morning coffee decide all the news you can stand is relavent
to taxpayers and unfunded mandates are there reality to impose the will.
Locally I can spend it better under my roof but there topia is on course as they
will decide.

Such persons are grievously mistaken if they imagine that their poorer brethren are unable to form an opinion on the merits of the question at issue.
We desire, therefore, to remind the Committee that it is their duty to guard against such a prostitution of its influence to purposes alien from its design.

1843 warning from English on intent. This is a cautionary tale on the questions in any day.

"The quantity of spending is almost irrelevant, what is killing them is balance of trade."

[aedens]

The Fund’s long interest rate volatility positions also benefited from this environment, generating steady returns through gamma trading. Tactical
http://www.zerohedge.com/news/brevan-ho ... ation-2012
opportunities in other areas including yield curves, bond versus swap spreads, commodities and credit also generated positive returns.

In light of the ongoing binary risks, we have taken decisive action to focus on liquid, uncomplicated strategies, to increase the Fund’s cash liquidity and to ensure that the exposure of the Fund to potentially vulnerable counterparties is kept to a minimum.

http://piie.com/publications/pb/pb12-4.pdf Usual suspects to pilfer and not differentiate between free trade and global labor arbitrage
for the 20 percenters we referenced for ever so long also. My thought still is the technical paper on the timeline to that event then to when the tip of the funnel who get priority and that was the crux of the beast verbiage. It may or may not apply and I will dig it up when I get some time and the transmission mechanism of acount other than my first post. I got individual reference from years ago to the mindsets of the eat what they kill croud. Namely the nature, or focused lack of it in the preface of morals vein to the usefull idiots bent of mind in the global schemes of thing we had to navigate to survive.

http://generationaldynamics.com/forum/v ... 950#p12030

[OLD1953]

I've assumed that everyone here knows the real reason for the extreme resistance to Islamic law in any form arriving in the west. In the normal mode of such laws, banks are not allowed to charge interest. They have to charge fees or live by profit sharing - and quite a few object to fees up front and live solely by profit sharing. Given that such banks are far closer to the steady growth sought by Warren Buffet, rather than the boom and bankruptcy cycle promulgated by Goldman Sachs, I have to wonder if the Muslims will simply take over by owning us after another economic cycle or two.

http://www.nait.net/NAIT_about_%20us.htm

Though I expect the banksters can whip up enough ethnic violence to put that off for a very long time.

Having said that, this is interesting and shows Iran is not nearly as Muslim/Sharia as most think.

http://www.reuters.com/article/2012/01/ ... V520120125

[aedens]

We touched on that topic in the forums on the dimminitude topic.
I will leave that to the citizens to read it as did Thomas Jefferson.
A few Americans have read it as myself. I perfer to regard who's yoke
is light and many do remember if salt has lost its savor to throw it out as did Ghandi
to break the monopoly of that product in India and citizens claimed there right to produce
salt which got him incarcerated for some time. I still remind myself of the nature as we
see it today. Systems may mean well but the camel through the eye of needle also is true
to what that conveyed and it is hard for them to do. We touched on that topic as in
some products are fordidden in my home and it is crucial to convey why.
"which reminds me for the wife to get some old number seven"
The point is we discuss why and leave it at the doorstep since if it under your roof
it your responsibity. It goes back to the education link that was left also in the forums
http://www.youtube.com/watch?v=hkPvSCq5 ... re=related
on what and how the intent is clear to so called standards. I have many family members
in education as Im sure you do also. A percentage of the issue is the raw material going in
and agenda's of the actors in the system.
http://www.youtube.com/watch?v=NugRZGDb ... re=related

[aedens]

First it is attacked, then ignored and acepted later.
Not surprised on the course of action to date.