"bpuharic" wrote in message
...

On Fri, 02 Dec 2011 18:43:17 -0700, Canuck57
wrote:

On 02/12/2011 5:50 PM, bpuharic wrote:
On Fri, 02 Dec 2011 17:26:45 -0700,
wrote:

On 02/12/2011 2:49 PM, bpuharic wrote:
On Fri, 2 Dec 2011 12:58:38 GMT, "Haywood Jablomie"
wrote:


Fact is USA wealth is dissipating fast as government consumption
outweighs economic production.

how things going in italy? greece? ireland? they doing OK?

Funny, a stock I had in an Irish company gave me a return this year of
17%. I don't do Greece or Italy, too screwed up with too many
fleabaggers. I did sell the Irish position though, too much Euro exposure.

cantcha just see ol' canuck, in his waders and flannel shirt, sittin'
around the pickle barrel, chaw in place, dazzlin' the locals with his
readers digest stories!! i bet he's the biggest guy at the local
general store


US Treasuries are junk paper,

golly. why are people demanding 7% for spanish and italian bonds and
only 1% for T bills?

oh. you dont know economics so dont know that's a reflection of
confidence

uh huh


especially the longer the term as you
can't get out without taking a bath when the **** really flies.

Watch careful, and remember this, in 2012 I predict any bond not
yielding over 7% with a remaining term greater than 4 years will take at
least a 25% depreciation hit in 2012 on the resale markets.

read that in 'sunset' magazine did you?


. As fast as we can. Just
reduced my USA holding 34% in fact. Check should be here in 10 days and
going to take more out in January to defer the taxes....

no one gives a **** about your reader's digest stories. the real world
functions on evidence and data, not supermarket tabloid stories

Funny, some people have open minds that read and rationalize, others
like yourself wallow in self pity and whining.

you confuse your self aggrandizing bull**** stories with reality.
that's what riight wingers do.


who tells us unions are evil and socialized medicine destroys a
country

Funny, people die waiting while those that can afford it that run the
system go to the USA.

http://www.americanthinker.com/2010/...al_sojour.html

gee...then why is longevity higher in canada than the US?

and how long do you wait in the US if you dont have health insurance?

tell you what, canuck, why not come to the US and try to get help here
with your canadian health insurance

see how far you get


----------------------------------------------------

T-bills are being bought by the same people that are borrowing money from
the Fed at 0.25% of less and then buying T-bills to hide the fact they can
not sell T-bills otherwise. Our problem is the fully bundled labor cost in
this country for manufacturing is an average of $65. We are priced out of
the manufacturing market. Why should someone with maybe a GED putting
lugnuts on a car going down a GM assembly line make more than you did as a
degreed engineer? Figuring the wages, and benefits, they are making more
than probably 80% of the engineers in the country.