"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "


Chinese premier Wen Jiabao 12th March 2009


""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."


Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Showing posts with label if you have shares prepare to sell them now. Show all posts
Showing posts with label if you have shares prepare to sell them now. Show all posts

Tuesday, January 08, 2008

Iraq - just one damned success after another



Sometime this year, an eighteen year old soldier will die in a war that started when he was thirteen.
Hold onto that.
Let it linger.

Posted by Alex at Wednesday, January 02, 2008, Army of Dude GI Special 6A5



U.S. army soldiers from Blackfoot Company, 2nd Battalion, 23rd Infantry Regiment examine a severed human head at K-wal combat outpost in the village of Shakarat, Diyala province, north of Baghdad, Jan. 6, 2008. The U.S. soldiers found the severed head of an unidentified person, believed to be a U.S.-funded security volunteer in Shakarat, after they were tipped off by locals. (AP Photo/Marko Drobnjakovic)



A U.S. army soldier from Blackfoot Company, 2nd Battalion, 23rd Infantry Regiment guards a family while other members of his unit search their home during the initial phase of Operation Raider Harvest in the village of Sinsil on the northern outskirts of Muqdadiyah, in the volatile Diyala province, about 90 kilometers (60 miles) north of Baghdad, Iraq, Tuesday, Jan. 8, 2008. (AP Photo/Marko Drobnjakovic)

Thursday, December 27, 2007

Postman Patel returns like a dog to his vomit - smug bastard


Postman Patel Wednesday, January 03, 2007 The Mysterious case of the disappearing M3 is worth re-reading. Containing as it does Your New Year Cut out 'N' Keep New year supplement for 2007".

It also contained the laughable quote ...
"If you live in the US ... the only thing you will buy cheaper in a year's time is your house."

Daily Telegraph today , "House prices in US fall at record rate"

"The Standard & Poor's/Case-Shiller index through October (i.e not yet including Nov/Dec) of 10 metropolitan areas fell 6.7pc compared to October 2006, a record decline. The previous biggest fall was a 6.3pc drop recorded in April 1991 just after the recession of the early 1990s." ...." The index has fallen every month in 2007 ... etc., etc., "



..and the grisly details ..


Click images to enlarge ...

Miami being the high (that is low) spot you might like to look at this on record Miami foreclosures and this from the NYT about cut price luxury condos in Palm Beach.

Pic by Documentary photographer Dorothea Lange b.1895 - d. 1965 from the Depression in the Dust Bowl. "Photography takes an instant out of time, altering life by holding it still."

Saturday, December 22, 2007

Could there be any connection...

...between the diving pound sterling against the Euro and the willingness of the BOE to spirit up (and away ) unimagineable sums of money to support a second mortgage lender / bank (no make that 4th string) bank ...?

I only ask.

(C) Very Seriously Disorganised Criminals 2002/3/4/5/6/7/8/9 - copy anything you wish