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#21
posted to rec.boats.cruising
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Go Lehman GO!
On Sun, 28 Sep 2008 16:43:12 +0000, Larry wrote:
Will he find out where Soilent Green comes from? Depends if he saw the movie. --Vic |
#22
posted to rec.boats.cruising
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Go Lehman GO!
"Larry" wrote in message
... "Capt. JG" wrote in easolutions: He told me that they make about $20, which was a fortune at the time. Anyone in NYC with $20 cash was a millionaire in 1930. I think that's how they felt. They hired a long-time friend/mechanic almost immediately. Then, all three of them sat there for several more months before they got another job. They ended up getting some relief from the Navy Dept., I believe when lend/lease started up, but I have no way to check at this point, and eventually became one of the "essential industries" during WWII, thus avoiding service. -- "j" ganz @@ www.sailnow.com |
#23
posted to rec.boats.cruising
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Go Lehman GO!
"Larry" wrote in message ... George Orwell had the date wrong....not the concept of constant wars to control population and keep the elite in absolute power. Build the gallows on Wall Street. I have quite a que ready to take their turns pulling the handles.....me first....for humanity and that little baby. Money Changers. Hitler identified the problem but got carried away with the solution. The Money Changers don't think the goyum will do it again, or they would have changed their attitudes. Nothing has changed for centuries..... ========= Larry has left the building .. |
#24
posted to rec.boats.cruising
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Go Lehman GO!
Hey Larry,, read about CDS's.. $45 trillion .. and the things were invented
in 1995! Isn't that special. JP Morgan comes up with a derivative Do ya hear anyone in Washington talking about closing down the CDS market, basically saying NO MORE? Oh noooooo.. Twice the size of the stock market and I bet most of us [ I admit to not totall understanding this stuff ] have no clue what these things are. == Credit default swaps (CDS) are the most widely used type of credit derivative and a powerful force in the world markets. The first CDS contract was introduced by JP Morgan in 1995 and by mid-2007, the value of the market had ballooned to an estimated $45 trillion, according to the International Swaps and Derivatives Association - over twice the size of the U.S. stock market. Read on to find out how credit default swaps work and the main uses for them. How They Work A CDS contract involves the transfer of the credit risk of municipal bonds, emerging market bonds, mortgage-backed securities, or corporate debt between two parties. It is similar to insurance because it provides the buyer of the contract, who often owns the underlying credit, with protection against default, a credit rating downgrade, or another negative "credit event." The seller of the contract assumes the credit risk that the buyer does not wish to shoulder in exchange for a periodic protection fee similar to an insurance premium, and is obligated to pay only if a negative credit event occurs. It is important to note that the CDS contract is not actually tied to a bond, but instead references it. For this reason, the bond involved in the transaction is called the "reference entity." A contract can reference a single credit, or multiple credits. (To learn more about bonds, see our tutorial Advanced Bond Concepts.) As mentioned above, the buyer of a CDS will gain protection or earn a profit, depending on the purpose of the transaction, when the reference entity has a negative credit event. When such an event occurs, the party that sold the credit protection and who has assumed the credit risk may deliver either the current cash value of the referenced bonds or the actual bonds to the protection buyer, depending on the terms agreed upon at the onset of the contract. If there is no credit event, the seller of protection receives the periodic fee from the buyer, and profits if the reference entity's debt remains good through the life of the contract and no payoff takes place. However, the contract seller is taking the risk of big losses if a credit event occurs. (For related reading, see Corporate Bonds: |
#25
posted to rec.boats.cruising
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Go Lehman GO!
"Larry" wrote in message
... Jere Lull wrote in news:2008092716442316807- jerelull@maccom: Should the entire economy tank and we go into a depression, my investments and house will have the same value relative to the price of bread, about the only true measure. I'm currently deciding where to invest my severance. It won't be under the mattress. Actually, those that had cash in 1929 did quite well for themselves, according to my grandparents who were dairy farmers. Apples sold for 5c at retail. If you had a dollar's worth, you couldn't carry it alone. Those that had money stored with the bankers, of course, were the starving one with those that had nothing all along. For that reason, drilled into me by my grandparents, I've never kept much of the pittance I possess in the banker's purse, where it can get lost in a heartbeat, vanishing into thin air. Until I got married, for 17 years, I had no debt to the bankers, which is the root of all evil anywhere. Until you owe, you're not a slave. Once the wife found something she liked better, I shed the debt she left ASAP and have dealt in cash ever since. I also refuse to play the insurance scams as much as possible, saving me thousands of dollars each year. Not being in debt for a car, for instance, I do not buy comprehensive and collision insurance. Take that part of car insurance and multiply it times 32 years and see how much money wasted that is. If the windscreen breaks, I simply have it replaced out of the pot of money I DIDN'T give to the billionaire insurance scammers. When I was married, she forced me to buy Blue Cross/Blue Shield medical insurance on the 3 of us at $385/month. The only time I've ever been a science project was for laser lithotripsy up the plumbing to burn out a stuck kidney stone. When I was about to be released BC/BS of SC called me to say they wouldn't pay 80% of my medical bills unless I removed my wife from the policy because they got nervous over her thyroid condition, which had no effect on her and resulted in zero claims so they could keep it all, the reason they give you a policy in the first place. I refused and they threatened to cancel my policy. "What happens to all those thousands of dollars I've paid you all these years you had no intention of covering my family", I asked quite pointedly. They told me they would return my premiums...without interest, of course, having effectively borrowed money from me for nearly 14 years at no interest. "Send me a check by tomorrow.", was my reply. He did, after my lawyer contacted him, of course. I paid my exhorbitant little room bill, the doctor scammers and various "other charges" they refused to reveal a reason for. The rest of the money I simply put into the Federal Credit Union in a separate savings account that paid about 6% interest at that time in the 1980's. I paid into that account the same exact amount, to the penny, every month even if it hurt, to prove a point to my slave wife. Soon, the credit union called to remind me we had reached the $100,000 limit the FCUA would insure and did I want to open another account to keep it covered. I did, they did. We continued for years to pay into the accounts and filled that, too. Each year, we paid ourselves a "Medical Dividend" with the overage interest on them and just blew the money on whatever hit our fancy. $200K can buy as much medicine as I care to pay for. Any more you might as well be dead, anyways. Without insurance, you'd be amazed at how FAST medicine can get you in...fixed...and out because there is no insurance tit to suck from, extending your stay nearly indefinately if they can arrange it. We split the accounts when we divorced. She squandered hers. Mine went into a mutual fund which got very interesting before the tech bubble burst. They just kept replacing my shares in EMC with twice as many new shares a lot of times! I got out at the top of the bubble and put the money back in the credit union at the pittance interest they were paying just to store it and let it replace the taxes stolen from me at the point of a gun by the goon squads at the IRS. I don't do medical insurance or HMO scams, either. To enter a hospital of MY CHOICE, I use one of my VISA cards. If I don't survive or become a vegetable, the greedy bankers will recover their money in a chargeback because I will be unable to pay those bills.....ensuring I get WELL, not addicted. Doctors have never refused VISA, but I haven't tested it since the 80's. What a crash will mean to me is everything I'm forced to purchase will become dirt cheap, literally overnight, as supply will simply overrun the nearly zero demand. They'll be begging me to buy a new everything for a pittance....instead of my having to kiss someone's ass for everything I buy, now. I don't buy much. Sitting here shoulder deep in my "stuff", my collection of toys I accumulate by hook and crook used, I'm quite happy, now. If I want something else, I simply buy it. If I cannot afford it, I open a new envelope in the cookie jar and start working hard to fill the envelope until I can pay CASH. CASH IS YOUR FRIEND! EUROS, NOT DOLLARS! I forgot to mention that. I apologize. When it took $1.10 to buy a Euro, many years ago, I decided to turn my cash into Euros because I think united Europe is more stable than the New World Order bankers, here. I was right! $1 is only worth Euros 0.68 this week. Stupid Americans are still craving useless Federal Reserve Private Corporation banknotes in some blind stupidity they are backed by Uncle Sam. They're not. Euros are higher, so far, and it's getting WORSE! Euro cash makes more "interest" than American dollars at 4% interest.....and my rich Uncle DOESN'T have his hands out for taxes on interest with Euros. I don't get interest...It's not my fault they're worth more, it's HIS! I also suspect, after the crash, Euros will be more valuable in a foreign country than US dollars if I'm forced to flee. He was 90. JD Rockefeller, Jr. lost half the family fortune in the crash, but still had enough to live comfortably, to found the Museum of Modern Art, build the Rockerfeller Center, restore colonial Williamsburg, and buy enough of Jackson Hole for a national park. -- "j" ganz @@ www.sailnow.com |
#26
posted to rec.boats.cruising
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Go Lehman GO!
"Larry" wrote in message
... Money Changers. Hitler identified the problem but got carried away with the solution. The Money Changers don't think the goyum will do it again, or they would have changed their attitudes. Sorry, but this is pretty racist. It's easy to look for an ethnic community to blame, when usually, the blame is in the mirror. -- "j" ganz @@ www.sailnow.com |
#27
posted to rec.boats.cruising
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Go Lehman GO!
"Capt. JG" wrote in
easolutions: Sorry, but this is pretty racist. It's easy to look for an ethnic community to blame, when usually, the blame is in the mirror. Money Changers is an ethnic community by a special association going back centuries. The problem with Money Changers NOW is exactly the same as the problem with Money Changers THEN. Their aim of world domination by controlling the money supply has not faltered in all this time. As Meyer Rothchild, Money Changer, put it: "Give me control of a nation's money supply and I care NOT who makes its laws." Meyer wasn't an Episcopalian, you'll notice. If the shoe fits, and it does, all the deflections of racist or antisemite in the world will not change the FACTS! MONEY CHANGERS cause these depressions, on purpose, and MONEY CHANGERS need to pay for it with their lives.... Curiously, MONEY CHANGERS who had businesses in the WTC on 9/11 were absent from the building that day and all stayed off airplanes....curiously. The families of the black people who died in the building keep asking why but not getting an answer. They noted the very few Jewish funerals after the attacks. Co-incidence or Conspiracy? .....just good luck, I suppose..... Why would MONEY CHANGERS automatically cause you to think Jews and start the antisemite bull****? Same reason it does me?? FACT?? |
#28
posted to rec.boats.cruising
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Go Lehman GO!
Larry wrote:
Curiously, MONEY CHANGERS who had businesses in the WTC on 9/11 were absent from the building that day and all stayed off airplanes....curiously. The families of the black people who died in the building keep asking why but not getting an answer. They noted the very few Jewish funerals after the attacks. Co-incidence or Conspiracy? Larry, I think it's time to ditch the aluminum foil beanie and move onto lead foil, the rays are getting through.... Cheers Marty |
#29
posted to rec.boats.cruising
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Go Lehman GO!
"Marty" wrote in message
... Larry wrote: Curiously, MONEY CHANGERS who had businesses in the WTC on 9/11 were absent from the building that day and all stayed off airplanes....curiously. The families of the black people who died in the building keep asking why but not getting an answer. They noted the very few Jewish funerals after the attacks. Co-incidence or Conspiracy? Larry, I think it's time to ditch the aluminum foil beanie and move onto lead foil, the rays are getting through.... Cheers Marty This is out-of-control racism and a load a bs, as though it's not obvious. It's not just crazy talk. -- "j" ganz @@ www.sailnow.com |
#30
posted to rec.boats.cruising
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Go Lehman GO!
Capt. JG wrote:
"Marty" wrote in message ... Larry wrote: Curiously, MONEY CHANGERS who had businesses in the WTC on 9/11 were absent from the building that day and all stayed off airplanes....curiously. The families of the black people who died in the building keep asking why but not getting an answer. They noted the very few Jewish funerals after the attacks. Co-incidence or Conspiracy? Larry, I think it's time to ditch the aluminum foil beanie and move onto lead foil, the rays are getting through.... Cheers Marty This is out-of-control racism and a load a bs, as though it's not obvious. It's not just crazy talk. Indeed Jon, Larry can read the death roll as well as anyone else. But he only sees what he wants to. Same thing the Germans did in 1935-45. Offer the masses a group to blame for their problems and 90% of the population will rush out to join the lynch mobs. Cheers Marty |
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