Ducimus, Herosrest @ his best

[mireland]

[herosrest]

GO FIGURE.... For an example, try 271. I have it on reliable authority that this is the percentage increase in the money supply in the US in five months. There, he's gone cold on me again, you're thinking. But stay a moment. This is the killer fact in a piece by a smart, famous former senior advisor to President Clinton.

The point is obvious. The economy is in weirdness overdrive, things are out of control, cash is flooding through nook and cranny, but barely a cent is spent. Feel the peril. 271%! This was no typo. That the writer really believed the magnitude is apparent when he says that 271% is nearly three times higher. But mull that number. Let it count its fingers a while. This is actually an increase of nearly four times (£100 increased by 271% is £371. A 300% increase is four times bigger, not three). Imagine nearly four times as many dollars in five months. Four times, seriously? What would your salary look like x4? Or GDP?

The actual number in the US statistics was 27.1%. He had moved the decimal point. This is wrong with bells on, but with no evidence of any reflection on the absurdity. I have a number therefore I need not think.

The riveting prospect is now before us of watching Business and Trade Finance undertake massive loan risk reduction and capital building, whilst government urges a flood of new credit. In the real world 30% of all value vaporised over a year ago in implementation of medieval accounting rules. That was a pretty big margin that was wiped out - 30% of all value. Hmmmm............ where did it all go............. it vaporised....... from stock exchanges.
The only place anyone can squeeze a quick 'short' profit now is,....... stock exchanges.
The only game in town. Go short to survive! - sod the economy.

Stock prices are the only tool available to recover effectively from this mess.
They must climb - like homesick Angels.

Just imagine the effect of that $trillion had governments simply bought up strategic stocks and held them as investment. HaHa! too simple isn't it.

Someone really should begin running a front page news, daily profit and loss account for the sum of Global and national traded stocks and shares.
It's the little things that matter.

Be well. Be Free. Hug a tree.

[herosrest]

[herosrest]

The conference’s 130 attendees are speaking frankly of the challenges and frustrations they have encountered since the global financial crisis began. They also have flashed a bit of wit. “If you called it the Future of Finance, that implies you have some optimism,” quipped Treasury Secretary Timothy Geithner to his interviewer, WSJ Deputy Managing Editor Alan Murray.

Deal Journal has compiled the more intriguing quotes of the day:

[herosrest]

Were Accountants doing what they are supposed to do in the first place. NO THEY WERE AND ARE NOT! None, absolutely none of this rubbish that has been dumped on the world would have happened. Accountants do not do their work independantly, they are part of the gravy train. Ask Mr. Madoff. Auditors are on a li'l galaxy all of their own called NGC-Profit and percentages. These noble, honored Masons of the numbers were the problem, foisted blame everywhere else but where it belongs and then got the Grand Master Honcho to give them an even easier ride by bringing in comfy new rules that confused, worried and then panic'd Finance. Here we are 18 months on and............... hah!........... they've changed the rules. Just a tad......... It is time blame is put where it belongs. The accountants are THE PROBLEM!

The changes to mark to market accounting rules will turn matters Financial around in short order. The relaxations and willingness to 'trust' business's valuations of its business was at the heart of matters. Cautious optimism should ensue. It really, really was the rules that turned financial headaches into a holocaust.

There needs to be a centralised Trading pit, responsible for all trade data, all finance data included registered as it occurs. Not 1984 scenarios - an open forum available to all. Open and honest. A data exchange registering all tradeing transactions in real time. A huge great 'tea house' of national officials, business reps, compliance consultancy and the razzle of markets, monitoring, assessing, understanding and overseeing a 'real time' on line picture of the worlds business. The idea that it can all be left to the markets is somewhat tainted.
The taint was - stupid rule changes to accounting, introduced in arbitrary fashion that brought about 'painic'. The rules were introduced to address investors concerns about valuation. Well just look at investors wealth now compared with 18 months ago. The worlds biggest cockup ever - FASB-157 for Finance. They knew it would cause troubles and didn't care. This was an independant accounting body that thought it knew best. Well the truth is out. Accountants a joke who live in a little wimpy world of their own. Look what they have just done to the worlds wealth with a few retrograde rules changes. It is insanity. Purely mad.

Instead of all the dirty li'l secrets and sneaky sneak sneaky, a duty to advise immediately, contracts and finance data, puts the info into everyones hands. The markets, sometimes at length, usually as it happens, spot the problems. The significance of problems or underlying issues can be monitored and assessed by government and, well...... everyone.

It was interest rate spreads that triggered this financial meltdown in confidence as the underlying problems manifested themselves and it was decided that risk was 'under-priced'. Can you believe these Ah so's. Risk was under-priced. Not, hey these leveraged finance guys are taking the pi55.............. oh no, total, complete and utter mumbo-jumbo in code from Gobbledeegeek's and those with everything to lose, having caused all the problems by being greedy beyond all sensibility.

With the data available religiously and truthfully accurate - the means to manage trade and manage the global economy is to hand. The data will serve stirling duty at all levels, from Trading, compliance, regulation to Governments budgeting and economic oversight.

It is a simple concept - No more grubby little, over wealthy immatures playing around with little secrets at everyones expense. Lie, mislead, take unfair advantage and go to jail where they belong. The double standards of behaviour from those practicing finance has to be addressed. Human nature is what it is, greed is an illness that destroys, it may not seem that way to the greedy, but it destroys all eventually if it is rampant up top. Hey guess what................ greed is rampant........ in the banks and all places financial.

Put in place a duty and responsibility to inform. There are far bigger and more important interests than the narrow outlooks of corporations and their drive for profit. There absolutely must be effective and capable economic oversight and management of global credit and economy's. A corporation does not the planet make, business is our servant, must be so reminded and kept in its place. Trade is a dirty, grubby little undertaking that is vastly over rated and practiced by people who adore climbing into their own backsides.

Put the information out for one and all into the market place of gossip that is our lives. Name and shame the scum. They are villains and belong in jail. Profit is theft - it is tolerated in reward for decent and honest service.

Imagine the fun and frollic of the first person exposed insider trading before a large stock price movement.
Hmmmmm........ XYU inc. Why would someone buy 50,000 of their dormant buried interest. Days later.......... Ha! Ha!, well mate your clairvoyant i take it. Lock 'im up! Have a new brightly coloured suit.
In a word - excesses and stupidity. Greed. Avarice.
Sector Map: Financial

This is a presentation of real time market data. It is intuitive, interactive and thought provokingly easy.
It is the future. It is the way global data must go.
All Trading data, available real time from a single entity that can measure, analyse and assess activity.
No exceptions, no excuses, no trade secrets. Click the images.

National and lnternational regulators, Business representatives, compliance consultancy and Globa Trading Oversight.
Together, in Harmony under one roof.
Simple really. A Data exchange. Usually, the truth hurts, unless of course it has a price!

Wouldn't this Tower sit just beautifully on the River Thames.

[herosrest]

Getting the worlds Trade engine running again, smoothly and without hiccup is going to be a painful business. There has to be a real time, in your face global handle on inflation across the planet because it is going to grow, become a massive headache and will develop everywhere simultaneously.
3 monthly post fact, assessments and meetings will not be good enough to cope. It will rip, equal and opposite to the size of the credit problem. It will arrive out of nowhere.

Business will do its thing, profit and survive, Government needs to jumpstart a global analysis and real time review. 3 or 6 months is too long. The damage will again be tremendous during those months.

This is the inflation bud -
Nip it quick, as soon as it appears. In 3 months it will be a bush, in 6 a tree.

[herosrest]

OIL PRICES.

This cannot be allowed to happen again. Oil stocks must be conserved for the future.

This is the strategic raw material - an inflater and deflater of economies. The previous price spike was a sting for huge profit. Market logic does not apply to this raw material. The price spike serves as salutary warning that energy sources must change rapidly and is a recent reminder of the damage inflation will do. Business will profit from increasing prices until price becomes exclusive then crash- that was the problem underway, depleted current accounts and spending due to the oil price spike, when the accounting rules changes swept in and played havoc with all trade. Expensive oil destroys economies.

Forget the oil price at your peril. Check it first thing every day and then all day after!
They f*** you at the drive thru - "Leo Getz"
One l prepared earlier. The worlds most valuable commodity.

04-26-2008, 03:30 PM For example........... searching current world oil production data on the marketed search engines throws up useful links to a plethora of sources. However the data is varied and inconsistent. Delving and digging the links simply illustrates that no one really knows the truth of the matter. 'Authoratative' and accepted sources are misleading in the detail they provide.

eg ____ Figures indicate that total production is increasing. Hoorah.
Unfortunately the numbers include Liquid gas - which is where the actual increasing production is taking place. Try running yer motor on liquid gas. Boo.

The data is misleading - like just about everything in modern day life. Hohum.

[herosrest]

Warning of food price hike crisis

A crisis is unfolding in the UK as people in poverty struggle with rising food prices and the recession, the Save the Children charity has warned. It comes as new figures from The Grocer magazine show food prices rose by more than 18% over the last year. On Monday, the charity will launch a crisis grant scheme to help families. The government says it believes food prices have peaked and it is tackling child poverty through increased child benefits and child tax credits. Haha!

Getting the worlds Trade engine running again, smoothly and without hiccup is going to be a painful business. There has to be a real time, in your face global handle on inflation across the planet because it is going to grow, become a massive headache and will develop everywhere simultaneously.
3 monthly post fact, assessments and meetings will not be good enough to cope. It will rip, equal and opposite to the size of the credit problem. It will arrive out of nowhere.

Business will do its thing, profit and survive, Government needs to jumpstart a global analysis and real time review. 3 or 6 months is too long. The damage will again be tremendous during those months.

This is the inflation bud -
Nip it quick, as soon as it appears. In 3 months it will be a bush, in 6 a tree.

I believe, that Franklin Delano Roosevelt, saw this photo, wrestled with his conscience and then took on the ah so!'s that do not care. He did a pretty good job of it! I hate that this happened, that it is part of history.......... it is life, l know but it is to be detested, yet occurs all over.
That any Man, anywhere can permit such apathy to exist, if he can improve and better things for all is so.......... so............ human! and unforgivable.

[j.m@talk]

A fine thread gone to cock

[werz]

You expect politicians to care about the suffering of the people.
They care more about giving the crooked banksters more money to squander in the casino, or put into hidden bank accounts in tax havens, while the people they stole from are living in Bushvilles in cardboard boxes.

[mireland]

[herosrest]

A fine thread gone to cock

You cock JM, i'll crow. Idiots are in power - morons supreme.



It is considered normal by those who have accumulated wealth and fallen under its spell to be greedy. 99 out of 100 never gain opportunity to accumulate significant personal wealth - they are considered rivals by those obsessed with money. In truth the majority of people accept the dedicated pursuit of wealth and its privelages as the illness of mind and corrupting influence it really is. The majority of people don't give a to55 about these clowns who believe they are better people because their wealth means they are 'special'. Haha! It is the price of freedom and a disgusting spectacle.

[j.m@talk]

I used to be obsessed wiv money ....... Now I'm obsessed with........ Well it changes .... Frequently........ This week its Camembert

[mireland]

[mireland]