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To: GROUND ZERO™ who wrote (43071)1/3/2013 11:48:02 AM
From: Fintas
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CEPT many of those who voted them in and keep them in sit to your right, your left. So forget objectivity and just figure out how to furnish the bunker with all the amenities needed to enjoy life.

Here's how I see some of this. An individual had a credit card with 10k limit but had only 500 left on that limit. Rather than pay it down, or find ways to pay it down, the simple solution is. Raise the limit to 25k.

That's what is going on and it's not going to change any time soon.

IMHO

Fintas

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To: phlegmish who wrote (43075)1/3/2013 11:54:16 AM
From: Kirk ©
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Hi Codfish!
Kirk, I think my handle was Codfish back on 101, not sure now.......
I remember.
I've intermittently been a subscriber to your service, and have found it wonderfully educational and profitable.
Thanks for the kind words.
As far as pay within healthcare, those who deliver the care are woefully underpaid for what they do. My brother-in law was just laid off from his job as a pharmaceutical rep, and laments not being able to find another job paying $145K (for basically delivering breakfast and lunch to MD's offices), while his wife works as an RN/BSN, pulling 12 hour shifts, working weekends and holidays for barely 1/3 of what he was making. The disparity between those who "do" and those who "sell " is ridiculous.
Sadly, this is similar to engineering. I remember waiting for the bus to Bart to take me to UC with a friend from high school who was the football QB and still a friend today. We both had high GPAs, played varsity sports and were going to Berkeley.... He told me he was going into business rather than engineering because you get far more money there... selling rather than making.
It's all about contributing the right amount to the right government official...
It is so true. Funny... I watch Boardwalk Empire and 'Treme on HBO and what I take away from those two shows is the big money is from getting government to send tax dollars to your town for "disaster relief" or "building roads" or whatever... so you can siphon off more than actually goes to helping people. Yet, the owners and producers and actors of HBO still support the Dems rather than the Libertarians.... It is like they KNOW what is going on but are either too stupid to do anything about it with their positions or they know they can continue to make more money selling entertainment to those with spendable dollars who won't have those dollars without the corrupt system...

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To: Fintas who wrote (43076)1/3/2013 12:11:39 PM
From: GROUND ZERO™
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Individual credit card holders are not able to raise the limit like that... only the federal government could be so stupid and irresponsible...

GZ

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To: Kirk © who wrote (43077)1/3/2013 12:19:00 PM
From: penthouse mike
4 Recommendations   of 96973
 
The US Congress is no different than the Roman Senate Patronage system 2000 years ago. The elected officials need the support of the wealthy special interests to stay in office. Each member of Congress has a Chief of Staff who controls his calendar. If you are a big employer and employ an expensive lobbyist, they will meet with you early and often. If you represent an interest with little money or followers, then you will meet with the intern while the whale meets with the Congressman.

Every Congressman is a slave to his schedule which is set up by his minions to be full of special interest pleas. His only decision is to decide which special interests will get his support. The banks and big corporations control the lobbyists who are feeding the agenda to Congress, so nothing will change until campaign fund raising laws change.

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To: penthouse mike who wrote (43079)1/3/2013 1:06:44 PM
From: GROUND ZERO™
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Excellent synopsis and very well stated...

GZ

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To: Kirk © who wrote (43077)1/3/2013 1:09:42 PM
From: GROUND ZERO™
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I think there are a lot of shorts still holding out and hoping for a pull back so they could bail... but, I don't think the market is going to be so generous...

GZ

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To: GROUND ZERO™ who wrote (43081)1/3/2013 1:15:37 PM
From: Keith Feral
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If we get another good employment reading tomorrow, higher bond yields will keep pulling the marketr higher.

So far, the debate over the cliff has been a draw as far as the market is concerned. In December, it went from 13,400 back to 12,900 anticipating that a deal would not be done. Now, it's right back where it was in mid December.

If the employment number is bad, I guess we're due for a pullback. Considering 200K private jobs were added last month, I don't see how the jobs numbers disappoint this month. Construction jobs are starting to make a nice recovery.

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To: Keith Feral who wrote (43082)1/3/2013 1:30:28 PM
From: GROUND ZERO™
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I agree... also, I'm long the U.S. Dollar as of this morning, and I also went short the gold today... gold now looks like it wants to make another leg down, so we'll see... I had a rejected buy signal for gold yesterday, and the gold market still hasn't recovered from that rejection...

GZ

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To: GROUND ZERO™ who wrote (43083)1/3/2013 1:46:52 PM
From: Keith Feral
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Dollar looks good and gold looks bad right now. A good employment report should be bullish for the US dollar tomorrow, assuming the dollar stays on course with the higher direction of bond yields.

As of today, the monthly indicator for the dollar is just on the verge of triggering a buy signal for the first time since August.

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To: Keith Feral who wrote (43084)1/3/2013 1:51:43 PM
From: GROUND ZERO™
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I suspect you'll soon see that buy signal for the dollar... and I also think the dollar is going to rally much higher than most people now believe... everyone is so bearish on the dollar, the short side of the dollar is probably one of the most crowded trades in a long time... the same for long gold, I think everyone is "expecting" gold to rally to 2100 this year... maybe it will, but not today...

GZ

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