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alstry (35.03)

ANOTHER DAY.....ANOTHER RISE IN THE DOLLAR

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December 07, 2009 – Comments (12)

WASHINGTON (MarketWatch) - To prevent another devastating financial crisis, the Federal Reserve is going to have to learn how to identify and deflate asset bubbles before they can destabilize the economy, New York Federal Reserve Bank President Bill Dudley said Monday. The best way to control bubbles may be to monitor and limit the amount of leverage (or debt) that the financial sector takes on, Dudley said. Targeting asset bubbles would be a massive cultural shift for the Fed. "Limiting increases in leverage may help to prevent bubbles from being created in the first place," Dudley said in speech at Columbia University in New York.

INTERESTING TIMING ON THAT COMMENT.........

WHAT ABOUT ALL  THAT EXISTING DEBT OUT THERE SUFFOCATING THE ECONOMY.....???

12 Comments – Post Your Own

#1) On December 07, 2009 at 6:45 PM, alstry (35.03) wrote:

More and More are being fired or forced to work for FREE

FLINT (WJRT) -- (12/07/09) -- The Flint Generals hockey club is letting go of some of its employees.

About 20 ushers were fired right after last Friday night's game. Some had been with the club as long as 10 years.

The general manager of Flint's only professional sports team, Peter South, says financial problems forced the layoff.

Diane Herman had been a Flint General's  usher for more than four years when the team gathered all of them together to deliver the bad news.

Head Usher John Nowyorkas said the dismissals came a week after they staged a brief standoff at the arena. The ushers wouldn't open the doors to the arena for about 15 minutes because they hadn't gotten paid.

From his home in Windsor, South said the job cuts were made for financial reasons.

Starting with the next home game on Dec. 18, the Generals will use volunteers for ushers.

Herman told us it's never easy to leave a job you love, but the timing stinks.

South says the team has no complaints against the ushers, but the team just can't afford them.

Meanwhile the Generals are looking for volunteers to fill those jobs.

Under Zombulation.....the money simply runs out.....and when the government runs  out of money......it needs all you have.

1.01.10......Concentric Contraction

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#2) On December 07, 2009 at 6:45 PM, alstry (35.03) wrote:

More and More are being fired or forced to work for FREE

FLINT (WJRT) -- (12/07/09) -- The Flint Generals hockey club is letting go of some of its employees.

About 20 ushers were fired right after last Friday night's game. Some had been with the club as long as 10 years.

The general manager of Flint's only professional sports team, Peter South, says financial problems forced the layoff.

Diane Herman had been a Flint General's  usher for more than four years when the team gathered all of them together to deliver the bad news.

Head Usher John Nowyorkas said the dismissals came a week after they staged a brief standoff at the arena. The ushers wouldn't open the doors to the arena for about 15 minutes because they hadn't gotten paid.

From his home in Windsor, South said the job cuts were made for financial reasons.

Starting with the next home game on Dec. 18, the Generals will use volunteers for ushers.

Herman told us it's never easy to leave a job you love, but the timing stinks.

South says the team has no complaints against the ushers, but the team just can't afford them.

Meanwhile the Generals are looking for volunteers to fill those jobs.

Under Zombulation.....the money simply runs out.....and when the government runs  out of money......it needs all you have.

1.01.10......Concentric Contraction

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#3) On December 07, 2009 at 6:53 PM, Rebkong1 (< 20) wrote:

You truly are a joke, the dollar is doomed , sure it may receive a technical bounce, and alstry can claim all knowing knowledge but to be touting this thing as LT term play is a joke...

 

by the way the nation got some extremely bad news today people .. EPA all but slammed the doors on any possible way to keep cap and trade from becoming a reality.. THIS WAS AMERICA'S DEFINING MOMENT (to allow congress to put this thing down) but since the new emails and scientific monsters behind this whole scandal stepping down....the power (s) at be KNEW that cap and tax would most likely never be passed SO WHAT DO THEY DO?? no worries progressives... just buy off the EPA ..that way they don't need congress's approval for anything anymore....its 100% legal to regulate CO2 (what we breathe OUT everyday) as they see fit

 

the writing is ON THE WALL AMERICA...to steal from alstry..

"its not difficult to see where all this is headed, it's just difficult to accept"

 

well for someone (ALSTRY) that is NOW TURNED BULLISH on America...TODAY  REBKONG IS OFFICIALLY BEARISH ON AMERICA

between the coming of the passage of healthcare and NOW THE INEVITABLE taxation of EVERYONE AND EVERYTHING dealing with  CO2 ..there IS NO HOPE FOR US ANYMORE

 

Obama said he is going to "fundamentally transform america" well people in 2010 you will FEEL and SEE it first hand, and unless you are apart of the sick people that are running all this..it will be the  saddest sight your eyes ever see 

 

 

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#4) On December 07, 2009 at 7:02 PM, Rebkong1 (< 20) wrote:

and by touting the dollar's Strength as a Long term play is about as .. now i say about as...WEAK and unlikely as your 6 months of missed dates and screaming of the markets fall ..when fed is injecting trillions of dollars in cash into it....Alstry is as good on $$$$ fundamentals and its impact on the economy as Obama is for this country

 

and for those who are slow...that is VERY BAD 

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#5) On December 07, 2009 at 7:20 PM, alstry (35.03) wrote:

THE END OF THE WORLD AS YOU KNOW IT....HIGH SCHOOL SPORTS AND A LOT MORE.....

Down with high school athletics!

Friday night football? Forget it. Basketball? Nope. Girls’ softball? Sorry. Track? Ha!

See, we can’t afford it. Or rather, we can afford it, but we don’t want to pay. So that’s that.

What — you don’t think we should do away with high school sports? Well, San Diego Unified is looking at having its budget slashed by $200 million for the academic year 2010-2011, and the difference has to be made up somewhere. Want to keep those Friday night lights burning? Here are some other cost-saving suggestions:

Do away with all arts and music programs. Fire every vice principle. Eliminate all non-mandated busing. Get rid of all the librarians. All the school nurses, too. Shorten the academic year by 30 days. What the hell — make it 40 days.

gathering of parents and teachers at San Diego High last week, even all those draconian cuts wouldn’t make up the difference. So throw in, or rather, throw out high school athletics, too.

Surprise! That still wouldn’t be enough.



 http://www.sdnn.com/sandiego/2009-12-07/columns/arthur-salm-columns/friday-night-lights-out-the-end-of-high-school-football#ixzz0Z3GU0cYN

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#6) On December 07, 2009 at 7:36 PM, alstry (35.03) wrote:

WIND POWER FULL OF HOT AIR......AS ELECTRICITY DEMAND EVAPORATES.....

WINDSOR – Denmark-based wind-turbine company Vestas plans to halt production at its Windsor blade manufacturing plant for an unknown period of time in the first part of 2010.

Most, if not all, of its 500 employees at the plant will be placed on furlough during that time.

“There will be no layoffs,” Vestas spokesman Peter Kruse said.

Vestas has also frozen its hiring process for the two manufacturing plants in Brighton, which remain under construction. The company had planned to create 1,350 jobs at its Brighton facility by 2010.

“The first quarter historically is always a slow quarter,” Kruse said, adding this anticipated dip has been exacerbated by a tight credit market and the relatively low price of gas.

“We’re building up slowly due to the lack of orders,” he said. “We would all prefer to make ourselves our useful, but that’s impossible.”

Kruse offered his assurances that this move represents a temporary setback.
“As for U.S. manufacturing, I can tell you that we’re in this for the long haul,” he said.
Mike Masciola, senior vice president of Northern Colo-rado Economic Development Corp. said he was unaware of Vestas’ furlough plans but was not surprised.

“We’ve heard rumors that sales have dropped off because of the economy and the financing of end products that is more difficult to secure. You can sort of make the connection that if that’s the case and actual (wind) farms aren’t being built, that their orders are going to be down.”

The opening of the Windsor plant and the groundbreaking of the Brighton plants were met with festivity and celebration. Gov. Bill Ritter attended both events and hailed Vestas as a symbol of Colorado’s future green energy economy.

Vestas announced a slow-down in hiring this fall. It will also fail to meet its goal of completing its tower plant in Pueblo by the end of this year.

Spanish turbine manufacturer Gamesa is also cutting as Concentric Contractioin kicks in 1.01.10.

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#7) On December 07, 2009 at 8:42 PM, alstry (35.03) wrote:

LOOKS LIKE THE DOLLAR COULD KEEP RISING......

THE VALUE OF A DOLLAR IS RELATIVE TO OTHER CURRENCIES

Japan government increases fiscal spending: report

Australia's current account deficit widens in 3Q

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#8) On December 07, 2009 at 9:08 PM, Rebkong1 (< 20) wrote:

what is the dollar going to do against gold alstry?

 

what is it going to do against the yuan or the rupee??

 

 

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#9) On December 07, 2009 at 9:09 PM, Rebkong1 (< 20) wrote:

you keep showing how , pardon my french, AWFUL you are at making a real and relative argument..

 

 

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#10) On December 07, 2009 at 9:51 PM, alstry (35.03) wrote:

Re:

China is a ponzi scheme too........

As far as India.....now that is an interesting question......but right now the economy is pretty small.

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#11) On December 08, 2009 at 10:39 AM, hhasia (66.73) wrote:

Alstry= China is not a "free market " economy. The westerner who views China through western "free market" eyes, is mistaken. Those western eyes lead to faulty conclusions.

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#12) On December 08, 2009 at 12:37 PM, jesusfreakinco (28.77) wrote:

Rebkong - Alstry is short gold miners right now.  Anyone can see that gold has begun a massive bull market that will last for several years.

JFC

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