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Here is your open thread for Monday February 25th, 2013. You may post random links and off-topic discussions here. Also, if you have an idea or a topic you’d like to see covered in an article, please make it known.
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Have You Noticed About the Sequestration to Hit Us in Mar 1, Friday
Its supposedly all agencies cut in unison, yet most of the news is cutting middle incomes and excludes foreign/corporate rich elite sucking of our tax budget dry…
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RE: softwarengineer @ 1 – Will Dancing with the Stars be affected!!!!!!!!!!!????????? Nascar!!!!!!!!??????????? Footbal!!!!!!!!!!!??????????
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RE: softwarengineer @ 1 – Some of us will be affected if it happens – we have been told to expect 1-2 unpaid days off per two-week pay period.
The big question is: what effect will it have on the stock market?
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The fiscal cliff starring a young John Boehner: https://www.youtube.com/watch?v=LGUYsuYudVA
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Blurtmeister posted on a previoes thread but the link is too good to not bring up again. Once again, goldman is blameless, and is fully cooperating with the SEC.
Blurtman
February 21, 2013 at 11:41 am | Permalink
So you can open a Private Wealth account with Goldman Sachs and never identify yourself. For example, you might be a money launderer or international terrorist transfering money to an agent in the USA, for example, and GS has no idea who you are, apparently. Incidentally, it is the Private Wealth client base that was in danger of losing substantial amounts of their billions if GS went down. Shouldn’t they say Thank You?
“In another application also dated February 15 and filed Wednesday, Brown’s colleague Megan Bergstrom said Goldman had informed the SEC “it does not have direct access to information about the beneficial owner or owners behind any particular transaction or position” in the account.”
http://finance.yahoo.com/news/goldman-private-wealth-client-holds-182759624.html
Fel Frickin’ Temp Reparatio
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RE: ricklind @ 5 – Kill the bankers!
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RE: Blurtman @ 2 –
No
They’re owned by companies like FOX….last I heard Japan owned FOX.
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RE: redmondjp @ 3 –
Assume It Will Devistate the Stock Market
Home values shood shrink….as I’d assume home mortgage interest rates will sky-rocket too, we’ll be out of debt cans to kick down the path…when we stop buying our own treasuries.
Who will win during a Sequestration? Farmers and food hoarders are the new rich….even gold may turn out useless….
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RE: softwarengineer @ 8 – I don’t know about farmers, as they can’t even reuse the seeds that they grow if they are GMO (case now before the US Supreme Court, plenty to read on the interwebs):
http://www.nwcn.com/news/washington/192651561.html
Our entire country’s food supply is dependent upon just a handful of giant agribusiness companies. That should give one pause. If you live out in the sticks and have good relationships with local organic (non-GM) farmers and ranchers, you’ll be just fine no matter what happens in the future. But for most people, that isn’t an option.
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http://www.zerohedge.com/news/2013-02-26/new-home-sales-seasonal-adjustments-go-full-retard
Why, there is NOooooooo manipulation at all. /snark
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RE: redmondjp @ 9 –
You’re Right
And those are the greedy foreign/corporate entities demanding more low paid slaves to profit off of [and we still pay high prices anyway, like using illegals to build new homes as they sky-rocketed in price anyway….
But…..I’ve dreamed of getting three small farm buyers together if the economy turned more depressionary, put the food and animals between the small farm triad security of the three farms and all of us carry shot guns to protect the central food and animals from theft….like Biden suggested.
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