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HK July 17th 08 07:02 PM

How many banks...
 
....and bank-related businesses will fail in the next few months?

Wachovia Securities was raided today.

Bank of American is teetering.

Several other massive financial organizations are on a sharp downward slide.

Short Wave Sportfishing[_2_] July 17th 08 08:26 PM

How many banks...
 
On Thu, 17 Jul 2008 14:02:51 -0400, HK wrote:

...and bank-related businesses will fail in the next few months?

Wachovia Securities was raided today.

Bank of American is teetering.

Several other massive financial organizations are on a sharp downward slide.


Gee - that must be why all their stocks have increased by a couple of
dollars or more since yesterday.

Oh yeah - increased stock value is a sure sign of a banks imminent
failure in the Land of Hope and Change.

Of course the rest of the world looks at it differently.

HK July 17th 08 08:30 PM

How many banks...
 
Short Wave Sportfishing wrote:
On Thu, 17 Jul 2008 14:02:51 -0400, HK wrote:

...and bank-related businesses will fail in the next few months?

Wachovia Securities was raided today.

Bank of American is teetering.

Several other massive financial organizations are on a sharp downward slide.


Gee - that must be why all their stocks have increased by a couple of
dollars or more since yesterday.

Oh yeah - increased stock value is a sure sign of a banks imminent
failure in the Land of Hope and Change.

Of course the rest of the world looks at it differently.



Yeah, that explains why Bank of America shares are half the price of
what they were last fall.

Short Wave Sportfishing[_2_] July 17th 08 08:37 PM

How many banks...
 
On Thu, 17 Jul 2008 15:30:21 -0400, HK wrote:

Short Wave Sportfishing wrote:
On Thu, 17 Jul 2008 14:02:51 -0400, HK wrote:

...and bank-related businesses will fail in the next few months?

Wachovia Securities was raided today.

Bank of American is teetering.

Several other massive financial organizations are on a sharp downward slide.


Gee - that must be why all their stocks have increased by a couple of
dollars or more since yesterday.

Oh yeah - increased stock value is a sure sign of a banks imminent
failure in the Land of Hope and Change.

Of course the rest of the world looks at it differently.


Yeah, that explains why Bank of America shares are half the price of
what they were last fall.


B of A has taken a massive write down from it's purchase/rescue of
Countrywide.

Even you can understand that.


Larry July 17th 08 10:59 PM

How many banks...
 
HK wrote in
:

Several other massive financial organizations are on a sharp downward
slide.


"Merrill Lynch takes heavy 2Q write-downs; Sells stake in Bloomberg for
$4.4B

NEW YORK (AP) -- Merrill Lynch & Co. on Thursday reported a $4.9 billion
loss amid massive write-downs from soured mortgage positions and other
risky investments, and unveiled plans to raise money by unloading assets.

The world's largest brokerage posted its fourth straight quarterly loss as
it struggles to shore up a balance sheet battered by the global credit
crisis. Merrill Lynch took $9.4 billion of charges and write-downs from
mortgage-backed securities, unprofitable hedge positions, and residential
mortgage exposure."

http://biz.yahoo.com/ap/080717/earns_merrill_lynch.html

The depression begins....in spite of the stock market tinkering the last
few days.

Let the public hangings begin.....Drag them out of their mansions and hang
them in the street for the other ones to see....

Isn't it amazing how they can simply make mountains of money vanish without
a trace?



Larry July 17th 08 11:00 PM

How many banks...
 
HK wrote in news:6e9fq3F5uqn4U1
@mid.individual.net:

Wachovia Securities was raided today.


got some url pointers for this Harry?


JR North July 17th 08 11:13 PM

How many banks...
 
What's this got to do with boating?
JR

HK wrote:

...and bank-related businesses will fail in the next few months?

Wachovia Securities was raided today.

Bank of American is teetering.

Several other massive financial organizations are on a sharp downward
slide.


--
--------------------------------------------------------------
Home Page: http://www.seanet.com/~jasonrnorth

HK July 17th 08 11:22 PM

How many banks...
 
Larry wrote:
HK wrote in news:6e9fq3F5uqn4U1
@mid.individual.net:

Wachovia Securities was raided today.


got some url pointers for this Harry?


Here's one from Reuters:

http://www.reuters.com/article/ousiv...EN674920080717

Larry July 17th 08 11:22 PM

How many banks...
 
HK wrote in news:6e9fq3F5uqn4U1
@mid.individual.net:

Wachovia Securities was raided today.


Never mind, I found it. Took my money out of their bank, yesterday, before
the rush.


Larry July 17th 08 11:28 PM

How many banks...
 
Short Wave Sportfishing wrote in
:

Gee - that must be why all their stocks have increased by a couple of
dollars or more since yesterday.

Oh yeah - increased stock value is a sure sign of a banks imminent
failure in the Land of Hope and Change.

Of course the rest of the world looks at it differently.



It is very easy to tamper with the stock price. What drove the stock price
DOWN to under $10/share was daily massive selling like 255M shares the day
before it rose again.

Bankers control massive money to manipulate any stock....especially their
buddy bankers in trouble....to make people, like you I suppose, think
everything is hunky dory, dispite billions of dollars in losses to the
contrary.

http://www.thestreet.com/_yahoo/news...10427200.html?
cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

http://charlotte.bizjournals.com/cha.../daily46.html?
ana=yfcpc

http://losangeles.bizjournals.com/lo...14/daily28.htm
l?ana=yfcpc

WACHOVIA CP
(NYSE: WB)

After Hours: 13.03 Down 0.41 (3.05%)6:14PM ET

Headed down again, tonight.....after dark on the exchange floor.


Calif Bill July 17th 08 11:40 PM

How many banks...
 

"HK" wrote in message
...
...and bank-related businesses will fail in the next few months?

Wachovia Securities was raided today.

Bank of American is teetering.

Several other massive financial organizations are on a sharp downward
slide.


Bof A is a large international bank, so is going to be a survivor. Probably
buy a bunch of the small in trouble banks. And Wachovia BAnk was not
raided. Wachovia Securities was.



DK July 18th 08 12:05 AM

How many banks...
 
Short Wave Sportfishing wrote:
On Thu, 17 Jul 2008 14:02:51 -0400, HK wrote:

...and bank-related businesses will fail in the next few months?

Wachovia Securities was raided today.

Bank of American is teetering.

Several other massive financial organizations are on a sharp downward slide.


Gee - that must be why all their stocks have increased by a couple of
dollars or more since yesterday.

Oh yeah - increased stock value is a sure sign of a banks imminent
failure in the Land of Hope and Change.

Of course the rest of the world looks at it differently.


The Democrats in congress have no interest in that sort of thing. They
are all going on vacation.

Larry July 18th 08 12:54 AM

How many banks...
 
HK wrote in news:6e9v0fF64g5dU1
@mid.individual.net:

Larry wrote:
HK wrote in news:6e9fq3F5uqn4U1
@mid.individual.net:

Wachovia Securities was raided today.


got some url pointers for this Harry?


Here's one from Reuters:

http://www.reuters.com/article/ousiv...EN674920080717


Just for fun, I printed out one of the better articles about the guy with
$500K for his retirement that's not FROZEN so he can never retire before
he's 105....and taped it to the front door of my Wachovia Branch. I'll
have breakfast in the morning in the diner down the street so I can watch
the reaction as the public comes in the front door. The staff goes in the
back door and won't see it thinking it's some message that's always taped
to the front door about Wachovia's wonderful services.


Larry July 18th 08 12:59 AM

How many banks...
 
JR North wrote in
:

What's this got to do with boating?
JR



Boats take vast sums of money to buy, or just sit there rotting away at the
$600/month marina slip. In order to HAVE boats, some boaters have invested
vast sums of money in securities with various, previously-stable, banking
institutions now on the verge of collapse.

The solvency of the bank the "Boat Fund" is stored in is VERY on-topic to a
discussion about boat....unless you're Donald Trump and sold your little
house in Florida for $95,000,000 this morning to one of the Russian
billionaires. Don wanted $120,000,000 but had to take less to dump it.

By the way, the REAL ESTATE TAXES on Don's old house was quoted on the
radio at $16,830,000 PER YEAR....as of 2006. A "small tax increase" could
put the Russian's property taxes above the GDP of several small African
countries!

I think he screwed up....


HK July 18th 08 01:54 AM

How many banks...
 
Larry wrote:
JR North wrote in
:

What's this got to do with boating?
JR



Boats take vast sums of money to buy, or just sit there rotting away at the
$600/month marina slip. In order to HAVE boats, some boaters have invested
vast sums of money in securities with various, previously-stable, banking
institutions now on the verge of collapse.

The solvency of the bank the "Boat Fund" is stored in is VERY on-topic to a
discussion about boat....unless you're Donald Trump and sold your little
house in Florida for $95,000,000 this morning to one of the Russian
billionaires. Don wanted $120,000,000 but had to take less to dump it.

By the way, the REAL ESTATE TAXES on Don's old house was quoted on the
radio at $16,830,000 PER YEAR....as of 2006. A "small tax increase" could
put the Russian's property taxes above the GDP of several small African
countries!

I think he screwed up....



We don't keep any significant liquid assets in any U.S. financial
institutions.

Mike[_6_] July 18th 08 02:52 AM

How many banks...
 
B of A has taken a massive write down from it's purchase/rescue of
Countrywide.

Even you can understand that.

No he can't.

--Mike

"Short Wave Sportfishing" wrote in message
...
On Thu, 17 Jul 2008 15:30:21 -0400, HK wrote:

Short Wave Sportfishing wrote:
On Thu, 17 Jul 2008 14:02:51 -0400, HK wrote:

...and bank-related businesses will fail in the next few months?

Wachovia Securities was raided today.

Bank of American is teetering.

Several other massive financial organizations are on a sharp downward
slide.

Gee - that must be why all their stocks have increased by a couple of
dollars or more since yesterday.

Oh yeah - increased stock value is a sure sign of a banks imminent
failure in the Land of Hope and Change.

Of course the rest of the world looks at it differently.


Yeah, that explains why Bank of America shares are half the price of
what they were last fall.


B of A has taken a massive write down from it's purchase/rescue of
Countrywide.

Even you can understand that.




Eisboch July 18th 08 03:46 AM

How many banks...
 

"HK" wrote in message
...



We don't keep any significant liquid assets in any U.S. financial
institutions.




If there were *any* way I could prevent my tax dollars from benefiting you,
I would pay double to find and eliminate it.

Eisboch



Reginald P. Smithers III[_9_] July 18th 08 04:04 AM

How many banks...
 
HK wrote:
Larry wrote:
JR North wrote in
:

What's this got to do with boating?
JR



Boats take vast sums of money to buy, or just sit there rotting away
at the $600/month marina slip. In order to HAVE boats, some boaters
have invested vast sums of money in securities with various,
previously-stable, banking institutions now on the verge of collapse.

The solvency of the bank the "Boat Fund" is stored in is VERY on-topic
to a discussion about boat....unless you're Donald Trump and sold your
little house in Florida for $95,000,000 this morning to one of the
Russian billionaires. Don wanted $120,000,000 but had to take less to
dump it.

By the way, the REAL ESTATE TAXES on Don's old house was quoted on the
radio at $16,830,000 PER YEAR....as of 2006. A "small tax increase"
could put the Russian's property taxes above the GDP of several small
African countries!

I think he screwed up....



We don't keep any significant liquid assets in any U.S. financial
institutions.


Harry, we all know you don't have any significant liquid assets, so it
is very easy for you to keep them out of US financial institutions.

D.Duck[_2_] July 18th 08 09:21 AM

How many banks...
 

"Eisboch" wrote in message
...

"HK" wrote in message
...



We don't keep any significant liquid assets in any U.S. financial
institutions.




If there were *any* way I could prevent my tax dollars from benefiting
you, I would pay double to find and eliminate it.

Eisboch



It's National election season. 8)



HK July 18th 08 10:44 AM

How many banks...
 
Eisboch wrote:
"HK" wrote in message
...


We don't keep any significant liquid assets in any U.S. financial
institutions.




If there were *any* way I could prevent my tax dollars from benefiting you,
I would pay double to find and eliminate it.

Eisboch




Treasuries Gain as Stocks Fall on Concern Bank Losses to Worsen

By Daniel Kruger and Sandra Hernandez

July 14 (Bloomberg) -- Treasuries gained, pushing two-year note yields
down the most in more than two weeks, as stocks fell on concern that
U.S. banking-system losses may be worsening.

Predictions of wider losses overshadowed the Treasury Department's
support of Freddie Mac and Fannie Mae. Washington Mutual Inc. posted its
biggest drop ever and National City Corp. tumbled to a 24-year low after
last week's collapse of IndyMac Bancorp Inc. spurred speculation that
more regional banks may be short of capital.

``There's a significant amount of grave concern about the banking
sector,'' said T.J. Marta, a fixed-income strategist at RBC Capital
Markets in New York, the investment-banking arm of Canada's biggest
lender. ``Now what we're having is solvency concerns.''


- - -

Perhaps you and SW Tom can talk the U.S. economy out of its slide...

Why should we invest in or trust assets to poorly managed financial
institutions?

Jim July 18th 08 10:46 AM

How many banks...
 

"Eisboch" wrote in message
...

"HK" wrote in message
...



We don't keep any significant liquid assets in any U.S. financial
institutions.




If there were *any* way I could prevent my tax dollars from benefiting
you, I would pay double to find and eliminate it.

Eisboch

And if only we could get back the blood that was shed to protect Harry's
sorry ass.
America the beautiful. Love it or leave it.


HK July 18th 08 10:48 AM

How many banks...
 
D.Duck wrote:
"Eisboch" wrote in message
...
"HK" wrote in message
...


We don't keep any significant liquid assets in any U.S. financial
institutions.



If there were *any* way I could prevent my tax dollars from benefiting
you, I would pay double to find and eliminate it.

Eisboch



It's National election season. 8)






Yes, it is, and it is my fervent wish the GOP and its supporters take it
right up a certain portion of their anatomy this fall, in every way
possible.

HK July 18th 08 10:56 AM

How many banks...
 
Jim wrote:

"Eisboch" wrote in message
...

"HK" wrote in message
...



We don't keep any significant liquid assets in any U.S. financial
institutions.




If there were *any* way I could prevent my tax dollars from
benefiting you, I would pay double to find and eliminate it.

Eisboch

And if only we could get back the blood that was shed to protect Harry's
sorry ass.
America the beautiful. Love it or leave it.



Pretty funny talk...since if you served in Vietnam, nothing you did
there was in anyway related to "saving" my butt.

Jim July 18th 08 10:57 AM

How many banks...
 

"Eisboch" wrote in message
...

"HK" wrote in message
...



We don't keep any significant liquid assets in any U.S. financial
institutions.




If there were *any* way I could prevent my tax dollars from benefiting
you, I would pay double to find and eliminate it.

Eisboch


Harry should go live where his money is.


HK July 18th 08 11:18 AM

How many banks...
 
Jim wrote:

"Eisboch" wrote in message
...

"HK" wrote in message
...



We don't keep any significant liquid assets in any U.S. financial
institutions.




If there were *any* way I could prevent my tax dollars from
benefiting you, I would pay double to find and eliminate it.

Eisboch


Harry should go live where his money is.



Most of our investment assets *are* invested in the U.S.,
crap-for-brains. I was specifically referring to not investing much in
the way of "liquid" assets with U.S. financial institutions because of
their poor management and "loose" regulation.

John H.[_4_] July 18th 08 11:25 AM

How many banks...
 
On Thu, 17 Jul 2008 23:04:06 -0400, "Reginald P. Smithers III" "Reggie is
Here wrote:

HK wrote:
Larry wrote:
JR North wrote in
:

What's this got to do with boating?
JR



Boats take vast sums of money to buy, or just sit there rotting away
at the $600/month marina slip. In order to HAVE boats, some boaters
have invested vast sums of money in securities with various,
previously-stable, banking institutions now on the verge of collapse.

The solvency of the bank the "Boat Fund" is stored in is VERY on-topic
to a discussion about boat....unless you're Donald Trump and sold your
little house in Florida for $95,000,000 this morning to one of the
Russian billionaires. Don wanted $120,000,000 but had to take less to
dump it.

By the way, the REAL ESTATE TAXES on Don's old house was quoted on the
radio at $16,830,000 PER YEAR....as of 2006. A "small tax increase"
could put the Russian's property taxes above the GDP of several small
African countries!

I think he screwed up....



We don't keep any significant liquid assets in any U.S. financial
institutions.


Harry, we all know you don't have any significant liquid assets, so it
is very easy for you to keep them out of US financial institutions.


I was surprised no one else picked up on that.

HK July 18th 08 11:39 AM

How many banks...
 
John H. wrote:
On Thu, 17 Jul 2008 23:04:06 -0400, "Reginald P. Smithers III" "Reggie is
Here wrote:

HK wrote:
Larry wrote:
JR North wrote in
:

What's this got to do with boating?
JR


Boats take vast sums of money to buy, or just sit there rotting away
at the $600/month marina slip. In order to HAVE boats, some boaters
have invested vast sums of money in securities with various,
previously-stable, banking institutions now on the verge of collapse.

The solvency of the bank the "Boat Fund" is stored in is VERY on-topic
to a discussion about boat....unless you're Donald Trump and sold your
little house in Florida for $95,000,000 this morning to one of the
Russian billionaires. Don wanted $120,000,000 but had to take less to
dump it.

By the way, the REAL ESTATE TAXES on Don's old house was quoted on the
radio at $16,830,000 PER YEAR....as of 2006. A "small tax increase"
could put the Russian's property taxes above the GDP of several small
African countries!

I think he screwed up....


We don't keep any significant liquid assets in any U.S. financial
institutions.

Harry, we all know you don't have any significant liquid assets, so it
is very easy for you to keep them out of US financial institutions.


I was surprised no one else picked up on that.



Snerk...yeah, that's the ticket. Maybe I should go buy a travel trailer
I'll rarely use. I was down at the marina for a little while yesterday,
Herring, doing a bit of maintenance work. Have you had that new boat of
yours in the Bay yet?

Oh...and Reggie? The guy who lives in Hotlanta and spends his offtime
sleeping on a bubble boat in the middle of a receding inland lake?
Yeah. That's what I want to do.

Short Wave Sportfishing[_2_] July 18th 08 11:49 AM

How many banks...
 
On Thu, 17 Jul 2008 22:46:14 -0400, "Eisboch" wrote:


"HK" wrote in message
...

We don't keep any significant liquid assets in any U.S. financial
institutions.


If there were *any* way I could prevent my tax dollars from benefiting you,
I would pay double to find and eliminate it.


ROTFL!!!

Now there's a concept.

Short Wave Sportfishing[_2_] July 18th 08 11:50 AM

How many banks...
 
On Thu, 17 Jul 2008 20:54:29 -0400, HK wrote:

Larry wrote:
JR North wrote in
:

What's this got to do with boating?
JR



Boats take vast sums of money to buy, or just sit there rotting away at the
$600/month marina slip. In order to HAVE boats, some boaters have invested
vast sums of money in securities with various, previously-stable, banking
institutions now on the verge of collapse.

The solvency of the bank the "Boat Fund" is stored in is VERY on-topic to a
discussion about boat....unless you're Donald Trump and sold your little
house in Florida for $95,000,000 this morning to one of the Russian
billionaires. Don wanted $120,000,000 but had to take less to dump it.

By the way, the REAL ESTATE TAXES on Don's old house was quoted on the
radio at $16,830,000 PER YEAR....as of 2006. A "small tax increase" could
put the Russian's property taxes above the GDP of several small African
countries!

I think he screwed up....


We don't keep any significant liquid assets in any U.S. financial
institutions.


Harry, you are so full crap sometimes.

Honest to pete - do you even realise how stupid that statement is?

Or improbable?

HK July 18th 08 11:56 AM

How many banks...
 
Short Wave Sportfishing wrote:
On Thu, 17 Jul 2008 20:54:29 -0400, HK wrote:

Larry wrote:
JR North wrote in
:

What's this got to do with boating?
JR


Boats take vast sums of money to buy, or just sit there rotting away at the
$600/month marina slip. In order to HAVE boats, some boaters have invested
vast sums of money in securities with various, previously-stable, banking
institutions now on the verge of collapse.

The solvency of the bank the "Boat Fund" is stored in is VERY on-topic to a
discussion about boat....unless you're Donald Trump and sold your little
house in Florida for $95,000,000 this morning to one of the Russian
billionaires. Don wanted $120,000,000 but had to take less to dump it.

By the way, the REAL ESTATE TAXES on Don's old house was quoted on the
radio at $16,830,000 PER YEAR....as of 2006. A "small tax increase" could
put the Russian's property taxes above the GDP of several small African
countries!

I think he screwed up....

We don't keep any significant liquid assets in any U.S. financial
institutions.


Harry, you are so full crap sometimes.

Honest to pete - do you even realise how stupid that statement is?

Or improbable?



Really? Please explain the "stupidity" or "improbability."
Be as specific as you can.

Thanks.

Jim July 18th 08 11:56 AM

How many banks...
 

"HK" wrote in message
...
John H. wrote:
On Thu, 17 Jul 2008 23:04:06 -0400, "Reginald P. Smithers III" "Reggie
is
Here wrote:

HK wrote:
Larry wrote:
JR North wrote in
:

What's this got to do with boating?
JR


Boats take vast sums of money to buy, or just sit there rotting away
at the $600/month marina slip. In order to HAVE boats, some boaters
have invested vast sums of money in securities with various,
previously-stable, banking institutions now on the verge of collapse.

The solvency of the bank the "Boat Fund" is stored in is VERY on-topic
to a discussion about boat....unless you're Donald Trump and sold your
little house in Florida for $95,000,000 this morning to one of the
Russian billionaires. Don wanted $120,000,000 but had to take less to
dump it.

By the way, the REAL ESTATE TAXES on Don's old house was quoted on the
radio at $16,830,000 PER YEAR....as of 2006. A "small tax increase"
could put the Russian's property taxes above the GDP of several small
African countries!

I think he screwed up....


We don't keep any significant liquid assets in any U.S. financial
institutions.
Harry, we all know you don't have any significant liquid assets, so it
is very easy for you to keep them out of US financial institutions.


I was surprised no one else picked up on that.



Snerk...yeah, that's the ticket. Maybe I should go buy a travel trailer
I'll rarely use. I was down at the marina for a little while yesterday,
Herring, doing a bit of maintenance work. Have you had that new boat of
yours in the Bay yet?

Oh...and Reggie? The guy who lives in Hotlanta and spends his offtime
sleeping on a bubble boat in the middle of a receding inland lake? Yeah.
That's what I want to do.


You should get a travel trailer that you will rarely use. You can park it
next to the little boat you rarely use. You'll at least have a place to take
your afternoon nap and a convenient place to go when you want a snack or
need to take a whiz. How many hours did you put on your last boat? 15 maybe
in 5 years.


Jim July 18th 08 11:58 AM

How many banks...
 

"Short Wave Sportfishing" wrote in message
...
On Thu, 17 Jul 2008 20:54:29 -0400, HK wrote:

Larry wrote:
JR North wrote in
:

What's this got to do with boating?
JR



Boats take vast sums of money to buy, or just sit there rotting away at
the
$600/month marina slip. In order to HAVE boats, some boaters have
invested
vast sums of money in securities with various, previously-stable,
banking
institutions now on the verge of collapse.

The solvency of the bank the "Boat Fund" is stored in is VERY on-topic
to a
discussion about boat....unless you're Donald Trump and sold your little
house in Florida for $95,000,000 this morning to one of the Russian
billionaires. Don wanted $120,000,000 but had to take less to dump it.

By the way, the REAL ESTATE TAXES on Don's old house was quoted on the
radio at $16,830,000 PER YEAR....as of 2006. A "small tax increase"
could
put the Russian's property taxes above the GDP of several small African
countries!

I think he screwed up....


We don't keep any significant liquid assets in any U.S. financial
institutions.


Harry, you are so full crap sometimes.

Honest to pete - do you even realise how stupid that statement is?

Or improbable?


I think he's been drinking his liquid assets.


Eisboch July 18th 08 12:02 PM

How many banks...
 

"John H." wrote in message
...

On Thu, 17 Jul 2008 23:04:06 -0400, "Reginald P. Smithers III" "Reggie is
Here wrote:

HK wrote:



We don't keep any significant liquid assets in any U.S. financial
institutions.




Harry, we all know you don't have any significant liquid assets, so it
is very easy for you to keep them out of US financial institutions.




I was surprised no one else picked up on that.





Some of us did, but that wasn't Harry's point, was it?

Think about this. In the past 14 years or so that Harry has been here,
broadcasting his political garbage and anti-business rhetoric, do you ever
recall him saying anything positive or respectful of his country of choice?
Has he ever offered any sense of appreciation of the opportunities and
freedom afforded him as a US citizen and resident?

I don't.

He lives to pick on the warts.

Eisboch



D.Duck[_2_] July 18th 08 12:10 PM

How many banks...
 

"Jim" wrote in message
...

"Short Wave Sportfishing" wrote in message
...
On Thu, 17 Jul 2008 20:54:29 -0400, HK wrote:

Larry wrote:
JR North wrote in
:

What's this got to do with boating?
JR



Boats take vast sums of money to buy, or just sit there rotting away at
the
$600/month marina slip. In order to HAVE boats, some boaters have
invested
vast sums of money in securities with various, previously-stable,
banking
institutions now on the verge of collapse.

The solvency of the bank the "Boat Fund" is stored in is VERY on-topic
to a
discussion about boat....unless you're Donald Trump and sold your
little
house in Florida for $95,000,000 this morning to one of the Russian
billionaires. Don wanted $120,000,000 but had to take less to dump it.

By the way, the REAL ESTATE TAXES on Don's old house was quoted on the
radio at $16,830,000 PER YEAR....as of 2006. A "small tax increase"
could
put the Russian's property taxes above the GDP of several small African
countries!

I think he screwed up....

We don't keep any significant liquid assets in any U.S. financial
institutions.


Harry, you are so full crap sometimes.

Honest to pete - do you even realise how stupid that statement is?

Or improbable?


I think he's been drinking his liquid assets.



Or using them for a high colonic.



HK July 18th 08 12:43 PM

How many banks...
 
Jim wrote:

"HK" wrote in message
...
John H. wrote:
On Thu, 17 Jul 2008 23:04:06 -0400, "Reginald P. Smithers III"
"Reggie is
Here wrote:

HK wrote:
Larry wrote:
JR North wrote in
:

What's this got to do with boating?
JR


Boats take vast sums of money to buy, or just sit there rotting
away at the $600/month marina slip. In order to HAVE boats, some
boaters have invested vast sums of money in securities with
various, previously-stable, banking institutions now on the verge
of collapse.

The solvency of the bank the "Boat Fund" is stored in is VERY
on-topic to a discussion about boat....unless you're Donald Trump
and sold your little house in Florida for $95,000,000 this morning
to one of the Russian billionaires. Don wanted $120,000,000 but
had to take less to dump it.

By the way, the REAL ESTATE TAXES on Don's old house was quoted on
the radio at $16,830,000 PER YEAR....as of 2006. A "small tax
increase" could put the Russian's property taxes above the GDP of
several small African countries!

I think he screwed up....


We don't keep any significant liquid assets in any U.S. financial
institutions.
Harry, we all know you don't have any significant liquid assets, so
it is very easy for you to keep them out of US financial institutions.

I was surprised no one else picked up on that.



Snerk...yeah, that's the ticket. Maybe I should go buy a travel
trailer I'll rarely use. I was down at the marina for a little while
yesterday, Herring, doing a bit of maintenance work. Have you had that
new boat of yours in the Bay yet?

Oh...and Reggie? The guy who lives in Hotlanta and spends his offtime
sleeping on a bubble boat in the middle of a receding inland lake?
Yeah. That's what I want to do.


You should get a travel trailer that you will rarely use. You can park
it next to the little boat you rarely use. You'll at least have a place
to take your afternoon nap and a convenient place to go when you want a
snack or need to take a whiz. How many hours did you put on your last
boat? 15 maybe in 5 years.



How's that old, clapped-out Wellcraft you claimed to own? Got a *recent*
decent photo of it?


HK July 18th 08 12:44 PM

How many banks...
 
Eisboch wrote:
"John H." wrote in message
...

On Thu, 17 Jul 2008 23:04:06 -0400, "Reginald P. Smithers III" "Reggie is
Here wrote:

HK wrote:


We don't keep any significant liquid assets in any U.S. financial
institutions.



Harry, we all know you don't have any significant liquid assets, so it
is very easy for you to keep them out of US financial institutions.



I was surprised no one else picked up on that.





Some of us did, but that wasn't Harry's point, was it?

Think about this. In the past 14 years or so that Harry has been here,
broadcasting his political garbage and anti-business rhetoric, do you ever
recall him saying anything positive or respectful of his country of choice?
Has he ever offered any sense of appreciation of the opportunities and
freedom afforded him as a US citizen and resident?

I don't.

He lives to pick on the warts.

Eisboch




I think my country of choice is finally about to make some political
decisions I can respect. Further, I am not anti-business as much as I am
anti multi-national and large corporation.

Short Wave Sportfishing[_2_] July 18th 08 01:04 PM

How many banks...
 
On Fri, 18 Jul 2008 06:56:15 -0400, HK wrote:

Short Wave Sportfishing wrote:
On Thu, 17 Jul 2008 20:54:29 -0400, HK wrote:

Larry wrote:
JR North wrote in
:

What's this got to do with boating?
JR


Boats take vast sums of money to buy, or just sit there rotting away at the
$600/month marina slip. In order to HAVE boats, some boaters have invested
vast sums of money in securities with various, previously-stable, banking
institutions now on the verge of collapse.

The solvency of the bank the "Boat Fund" is stored in is VERY on-topic to a
discussion about boat....unless you're Donald Trump and sold your little
house in Florida for $95,000,000 this morning to one of the Russian
billionaires. Don wanted $120,000,000 but had to take less to dump it.

By the way, the REAL ESTATE TAXES on Don's old house was quoted on the
radio at $16,830,000 PER YEAR....as of 2006. A "small tax increase" could
put the Russian's property taxes above the GDP of several small African
countries!

I think he screwed up....
We don't keep any significant liquid assets in any U.S. financial
institutions.


Harry, you are so full crap sometimes.

Honest to pete - do you even realise how stupid that statement is?

Or improbable?


Really? Please explain the "stupidity" or "improbability."
Be as specific as you can.

Thanks.


I can be as specific as you want, but if you have ANY major liquid
assets in a non-US based bank, you automatically fall under
anti-terrorism quidelines for the movement of said funds and/or
interest in said funds that you claim every year on your tax return.

Assuming you file one that is.

I'd be very curious as to what "non-US" bank you think is financially
sound where you don't get killed in exchange rates in moving "liguid"
assets around to make more money.

Which is the whole point of having liquid assets - to make more liguid
assets.

And I'm already tired of this discussion.

Sometimes Harry, words just can't define how stupid you sound.



John H.[_4_] July 18th 08 01:46 PM

How many banks...
 
On Fri, 18 Jul 2008 10:50:53 GMT, Short Wave Sportfishing
wrote:

On Thu, 17 Jul 2008 20:54:29 -0400, HK wrote:

Larry wrote:
JR North wrote in
:

What's this got to do with boating?
JR



Boats take vast sums of money to buy, or just sit there rotting away at the
$600/month marina slip. In order to HAVE boats, some boaters have invested
vast sums of money in securities with various, previously-stable, banking
institutions now on the verge of collapse.

The solvency of the bank the "Boat Fund" is stored in is VERY on-topic to a
discussion about boat....unless you're Donald Trump and sold your little
house in Florida for $95,000,000 this morning to one of the Russian
billionaires. Don wanted $120,000,000 but had to take less to dump it.

By the way, the REAL ESTATE TAXES on Don's old house was quoted on the
radio at $16,830,000 PER YEAR....as of 2006. A "small tax increase" could
put the Russian's property taxes above the GDP of several small African
countries!

I think he screwed up....


We don't keep any significant liquid assets in any U.S. financial
institutions.


Harry, you are so full crap sometimes.

Honest to pete - do you even realise how stupid that statement is?

Or improbable?


Sometimes?

John H.[_4_] July 18th 08 01:47 PM

How many banks...
 
On Fri, 18 Jul 2008 12:04:00 GMT, Short Wave Sportfishing
wrote:

On Fri, 18 Jul 2008 06:56:15 -0400, HK wrote:

Short Wave Sportfishing wrote:
On Thu, 17 Jul 2008 20:54:29 -0400, HK wrote:

Larry wrote:
JR North wrote in
:

What's this got to do with boating?
JR


Boats take vast sums of money to buy, or just sit there rotting away at the
$600/month marina slip. In order to HAVE boats, some boaters have invested
vast sums of money in securities with various, previously-stable, banking
institutions now on the verge of collapse.

The solvency of the bank the "Boat Fund" is stored in is VERY on-topic to a
discussion about boat....unless you're Donald Trump and sold your little
house in Florida for $95,000,000 this morning to one of the Russian
billionaires. Don wanted $120,000,000 but had to take less to dump it.

By the way, the REAL ESTATE TAXES on Don's old house was quoted on the
radio at $16,830,000 PER YEAR....as of 2006. A "small tax increase" could
put the Russian's property taxes above the GDP of several small African
countries!

I think he screwed up....
We don't keep any significant liquid assets in any U.S. financial
institutions.

Harry, you are so full crap sometimes.

Honest to pete - do you even realise how stupid that statement is?

Or improbable?


Really? Please explain the "stupidity" or "improbability."
Be as specific as you can.

Thanks.


I can be as specific as you want, but if you have ANY major liquid
assets in a non-US based bank, you automatically fall under
anti-terrorism quidelines for the movement of said funds and/or
interest in said funds that you claim every year on your tax return.

Assuming you file one that is.

I'd be very curious as to what "non-US" bank you think is financially
sound where you don't get killed in exchange rates in moving "liguid"
assets around to make more money.

Which is the whole point of having liquid assets - to make more liguid
assets.

And I'm already tired of this discussion.

Sometimes Harry, words just can't define how stupid you sound.


Sound?

Yet people continue to encourage him.

John H.[_4_] July 18th 08 01:49 PM

How many banks...
 
On Fri, 18 Jul 2008 07:02:10 -0400, "Eisboch" wrote:


"John H." wrote in message
.. .

On Thu, 17 Jul 2008 23:04:06 -0400, "Reginald P. Smithers III" "Reggie is
Here wrote:

HK wrote:



We don't keep any significant liquid assets in any U.S. financial
institutions.



Harry, we all know you don't have any significant liquid assets, so it
is very easy for you to keep them out of US financial institutions.




I was surprised no one else picked up on that.





Some of us did, but that wasn't Harry's point, was it?

Think about this. In the past 14 years or so that Harry has been here,
broadcasting his political garbage and anti-business rhetoric, do you ever
recall him saying anything positive or respectful of his country of choice?
Has he ever offered any sense of appreciation of the opportunities and
freedom afforded him as a US citizen and resident?

I don't.

He lives to pick on the warts.

Eisboch


Harry's point is to do what he can, with the aid of his two buddies, to
make this group untenable. 'Discourse' with him simply encourages him.


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