Marginalthoughts.com

Goldman Sachs: No Global Financial Espionage Story Here

You must mean the M3 money supply numbers. No one cared about those either.


On Jul 06 11:52 PM ur2smrt4me wrote:

> didn't you hear? December 2008 was canceled due to lack of interest
>

True Unemployment Numbers

Hi John,

Interesting article. The very first thing that firms do during a belt tightening cycle is to let go of all of the "independent contractors" on their books.

These IC's are considered "self-employed" by the Government and do not appear in reporting when their work week is cut to zero. IC's are also not mentioned in your appendix.

What are your thoughts on this?

Goldman Sachs: No Global Financial Espionage Story Here

How's this for a conspiracy? The entire "scandal" of the scary foreigner stealing 32 megs of "code" is a strawman. Stories like that sure make trends like this more palatable:

www.npr.org/templates/...

Who wouldn't want our tax dollars used to track the financial decisions of "people of interest"? Sounds very above board to me. What a great use of our taxpayer dollars.

While we're at it, perhaps we can remove net neutrality, create a new "cyber security" department, put the internet back in the bottle, and let loose the thought police? That's not actually a conspiracy theory. That's just Jay Rockefeller's personal plan for our Country.

www.youtube.com/watch?...

You guys really need to work on your conspiracy theories. Weak. Weak. Weak.

Monday's Closing Update

Excellent work on the close Plunge Protection Team! I will order thee green capes embroidered with the initials PPT! Sally forth and save the world by turning bearish head and shoulder patterns into "resistance" on the downside!

Employment Numbers Uniformly Horrible

I don't think he's advocating protectionism. I think he's advocating a global balancing of labor supply and demand with no human rights or labor laws mucking up the free markets.

The problem there, of course, is that we'll see a return to the same type of exploitation we have seen in the past. The bottom line is that with uneven labor laws in different Countries, corporations are free to set up shop near the lowest common denominator and exploit the hell out of their workforce. Countries are forced to compete against each other to lure jobs to their shores, and in doing so expose their citizens to degraded work environments and lower wages.

The US has far to fall before sea level rises high enough to meet them. I wouldn't call it an "economic morphing", I'd call it a global wealth balancing and massive shift in power from governments, democracies and small businesses to multinational corporations.


On Jul 02 01:44 PM conceptwizard wrote:

> I guess I should have bought that 10 acres of woodland in Maine.
> Plant a vegetable garden, cut some wood, shoot a moose and barter
> my eggs and milk from my cow.
> This is getting real serious folks. Nothing that we are doing is
> working. The stimulus missle hit somewhere else. Either that or no
> matter how much money we pour down this de-leveraging hole matters,
> it swallows it like candy. If thats the case then we are going through
> a complete economic morphing, that will end in a different America
> altogether.
>
> I think Peter Schiff has a point in bringing back our manufacturing
> jobs, but that would mean protectionism and that opens a whole new
> kettle of fish.

Clint Cox: Digging for Opportunities in Rare Earths

Without seeing exactly the exact uses of these commodities and realistic projections of the trend of these uses along with potentially more cost effective substitutes that can achieve the same thing (or perhaps economies of scale where these commodities can be gathered from other places at higher prices, e.g. sea water), this conversation, and article, are pretty much hype.


On Jun 26 03:01 PM Windsun33 wrote:

> Is it a bubble, or it is people just now realizing that the US has
> almost no production or source of them outside of China?

Clint Cox: Digging for Opportunities in Rare Earths

James Dines has been hyping up rare earth metals for several months now. We've got a group of people blowing hot air into another mini-bubble.

Just remember to get your corn out before the group comes crashing down into penny stock territory (like the uranium juniors).