O.K. I have been thinking and I know that is dangerous. Well here it is anyway. All of the above are interconnected. How you ask? I think that the banking cartels and the big wales are using the first 3 to make more money. I am a greenie from way back but something during the last 10 years just didn't make sense to me. Just watch the film with an open mind and then tell me we still need Globelazation and Do we have a way to play this?
It does not seem all that good to me and do you think that this won't affect housing? I'm open to suggestions. [more]
You know it's bad when the supposed bad guy says he needs our help on the war on drugs.
NATO "indifferent" to Afghan drugs problem: Iran Reuters via Yahoo! News Wed, 07 May 2008 6:54 AM PDT Iran accused NATO on Wednesday of being indifferent towards Afghanistan's growing drugs problem and called on European states to help Tehran fight smuggling of heroin and other narcotics from its neighbor. Yet just another cost of the war. Our young children here who will get hooked on the drugs harvested in Afganistan. [more]
Fed cut rates? Probably another 25 bases points. Why you ask? Well, the banks are still in trouble. No doc loans are still being made. Credit Cards delinquency rising. Oil and food out of sight. Can the Central Bank called the Fed raise rates? Yes they can but they won't. The arms loans are still are being made so if the rate is raised then this mess comes back with a vengeance. Look for these prices for the next 5 years. Oil and the dollar are both high right now. Why? Beats me. Maybe the wall street people are still in denial. Do you think that the Central Bank will raise the lending rate and risk a torrent of foreclosures again? The Rate is forcing more foreclosures now as it is. I wonder how long it will take for the currency's traders realize that the dollar won't strengthen any time soon. Now for the good news. Min wage will go up in Nov. by a $1.00 to $6.85. Now if you lost your job on wall street you can always get a job in the service industry. I hear they need help and they pay a really good wage of $6.00 an hour and you know that you will see a pay raise in Nov. Now I know that it won't cover a gal of gas and a gal of milk, but it will cover one of them and if you go to the day old bakery you can have a loaf of bread. Remember to walk there to save gas money and to keep in shape. Oh yea Bac is thinking of pulling out of the Country Wide deal. Where is your money at? As the commercial says "Can you hear me now?" Get used to 6.00 a gal. because the dollar will tank and then they will introduce the Amero. as the new currency. Raise the Lending rate and oil will drop as well as food prices. Then the riots around the world will stop because they can then afford the food again. Save for Christmas it is going to be a lean one. [more]