The House Agriculture Committee heard some spirited debate this week on if it should be easier for organic food companies to organize industry-wide promotional campaigns, a concept which didn't sit well with many farm-state Republicans. It's been a slow process, but more Republicans have been backing amendments and bills that support the organic food industry. Organic-minded: TFM, HAIN, NGVC, HAIN, BNNY, WFM, UNI, STKL, BDBD. [View news story]
Is there something in the water from DC that our elected officials would consider chemicals and GMO as "traditional" and methods that have been used for 10,000 years as "assaulting" the industry??? (Hmmmm ....Will farmers need back ground checks for "assault" crops?)
The bounce in precious metals takes a breather, with gold (GLD) off 1.6% and silver (SLV) off 1.2%. It's more tough news for John Paulson after his gold fund reportedly lost 27% in April, bringing the YTD loss to about 47%. Add David Einhorn to those taking a hit: "We were somewhat surprised by the swift decline," he said on the GLRE earnings call (transcript), especially given the BOJ's joining in "the global monetary printing race." Einhorn sees nothing to change his long-term bullish stance. [View news story]
Gold did not lose 27% to 47% of its value - - So, should I feel sorry for a fund that speculated/gambled in options/futures, paper gold shares, derivatives, etc. and lost their shirt when the manipulators called in their bets on their crooked game?
The Senate looks poised to approve a bill today that would force online merchants to collect sales tax on Internet transactions. However, the measure will probably hit greater opposition in the House, where the leadership appears to be ambivalent, with Speaker John Boehner taking no public position. Companies in favor include Wal-Mart (WMT) and Amazon (AMZN), while those against include News Corp (NWS) and eBay (EBAY). [View news story]
Wal-Mart and Amazon - - You'd better watch out, because the next money grubbing, tax grabbing move will be that you will have to collect, in each of your stores, the taxes from each person/customer, according to their residences, and if your store is located next to an interstate or a state line, aren't you going to have fun???
Common sense would be to collect the local tax, in the state where the payment is being received rather than the state it is being sent from (just like they do in a physical store when you travel cross country) - - It would give the sending state the incentive to welcome internet sales into their own state
Gold's reaction to Tuesday's fake AP tweet illustrates a "new reality" for the metal says Deutsche's Jens Johansen, who notes the price reacted last (vs. stocks and currencies) and barely budged. His team feels this lends support to their bearish thesis for gold and an expectation it's headed to $1,300 before stabilizing. GLD +1.7%. [View news story]
Like a rubber band - - Let them continue to artificially push gold down - - Eventually it will break free and reach its true value
Wound Care Market: The Promise Of Healing [View article]
What specifically is Oculus doing in the field of MRSA that you feel makes them stand head and shoulders above the rest? Does the product prevent and/or cure MRSA?
Banks this Friday will begin making payments to ~4.2M borrowers whose homes were in any stage of foreclosure in 2009-10. The payments, which will range from $300 to $125K, are compensation for the robo-signing scandal when bank employees said foreclosure documents were correct without reviewing them. Part of the settlement: BAC, C, GS, HBC, JPM, MET, MS, PNC, SAN, STI, USB, WFC. [View news story]
Mortgages that lead to the 2007/2008 implosion of the banks ignored all the rules of common sense - - Rules were so relaxed that DEAD people actually got loans - - Companies like Country Wide then immediately sold these crappy loans off to investors who were not aware of the cheating that had been done to originate these loans - - And you had greedy people flipping houses and taking out 5 year ARMs of interest payment only - - It was nothing less than a Los Vegas gambling casino - -
Does that excuse the ROBO signing that happened there after? Not really - - Banks should have hired more employees to handle the avalanche of paper work that resulted from the system crashing - - There is enough blame to throw at ALL the greedy parties that participated in that credit dance
A Safe And A Shotgun, Or Public Sector Banks? The Battle Of Cyprus [View article]
Let us add another wrinkle to this information - - If we become a completely cashless society and you have to keep your electronic money in a bank and can only use credit/debit cards to buy things and pay bills, then that makes us all a captive audience and vulnerable to a Cyprus Shave anytime our governments want to fleece us - - God - - What a wonderful warm fuzzy feeling I am getting!!!
It Can Happen Here: The Confiscation Scheme Planned For U.S. And U.K. Depositors [View article]
“All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third it is accepted as being self-evident.” Arthur Schopenhauer German Philosopher (1788 – 1860)
It Can Happen Here: The Confiscation Scheme Planned For U.S. And U.K. Depositors [View article]
Banks are quickly losing the trust of the people - - Someone is going to invent a new system and then we will see the banks die a slow death unless they change their ways and regain the trust that they have destroyed
It Can Happen Here: The Confiscation Scheme Planned For U.S. And U.K. Depositors [View article]
Article in Bloomberg about the Cyprus Banking system. It states how the US Federal Reserve sent one of its minions to Cyprus in 2007 just a year before our banks blew up in front of everyone - -
My question would be, after seeing those American results, why did that minion allow the Cyprus banks to follow the same pattern? Was it a test to see how the sheepel would handle the confiscation of their funds?
The market is inventive. Given time, someone will invent a new method to replace the banks, which have proved, by lack of trust, that they have outlived their usefulness.
By a 75-24 margin, the Senate has passed a non-binding vote of approval for a bill allowing states to collect sales taxes from online retailers with $1M+ in annual sales and no presence within a given state's borders. The margin of victory suggests a filibuster shouldn't be a problem when a binding vote is made. Amazon (AMZN) and eBay (EBAY) have already begun collecting in a number of large states, and many investors have already assumed collections will expand in time. (previous) [View news story]
When you put foxes in charge of guarding the hen house what do you actually expect?
The question is not where does it stop? but rather where did it start? Pull out your history books and find the answer.
A Safe And A Shotgun, Or Public Sector Banks? The Battle Of Cyprus [View article]
If Cyprus "scalps" the savers they have broken a moral code of TRUST - - If your trusted friend stabs you in the back - - Do you go back for more? - - Et tu Brutus?
Coca-Cola (KO) says it will cut 750 jobs in the U.S. The bulk of the positions being eliminated are in the Atlanta area. [View news story]
Canary in the coal mine? Cyprus??
If the Cyprus Government goes along with giving the "haircut" to the savers, the ripple effect could go across Europe - - Look at history and the "Bank Holidays" that USA had during the depression - - Selling mattresses that can be stuffed might be the next biggest industry to invest in
The House Agriculture Committee heard some spirited debate this week on if it should be easier for organic food companies to organize industry-wide promotional campaigns, a concept which didn't sit well with many farm-state Republicans. It's been a slow process, but more Republicans have been backing amendments and bills that support the organic food industry. Organic-minded: TFM, HAIN, NGVC, HAIN, BNNY, WFM, UNI, STKL, BDBD. [View news story]
The bounce in precious metals takes a breather, with gold (GLD) off 1.6% and silver (SLV) off 1.2%. It's more tough news for John Paulson after his gold fund reportedly lost 27% in April, bringing the YTD loss to about 47%. Add David Einhorn to those taking a hit: "We were somewhat surprised by the swift decline," he said on the GLRE earnings call (transcript), especially given the BOJ's joining in "the global monetary printing race." Einhorn sees nothing to change his long-term bullish stance. [View news story]
The Senate looks poised to approve a bill today that would force online merchants to collect sales tax on Internet transactions. However, the measure will probably hit greater opposition in the House, where the leadership appears to be ambivalent, with Speaker John Boehner taking no public position. Companies in favor include Wal-Mart (WMT) and Amazon (AMZN), while those against include News Corp (NWS) and eBay (EBAY). [View news story]
Common sense would be to collect the local tax, in the state where the payment is being received rather than the state it is being sent from (just like they do in a physical store when you travel cross country) - - It would give the sending state the incentive to welcome internet sales into their own state
Gold's reaction to Tuesday's fake AP tweet illustrates a "new reality" for the metal says Deutsche's Jens Johansen, who notes the price reacted last (vs. stocks and currencies) and barely budged. His team feels this lends support to their bearish thesis for gold and an expectation it's headed to $1,300 before stabilizing. GLD +1.7%. [View news story]
Wound Care Market: The Promise Of Healing [View article]
Wound Care Market: The Promise Of Healing [View article]
I can only go by what the photos are showing - -
Diabetes is a scary disease for you if your doctor has to tell you that you are going to lose your leg below the knee due to ulcers
Banks this Friday will begin making payments to ~4.2M borrowers whose homes were in any stage of foreclosure in 2009-10. The payments, which will range from $300 to $125K, are compensation for the robo-signing scandal when bank employees said foreclosure documents were correct without reviewing them. Part of the settlement: BAC, C, GS, HBC, JPM, MET, MS, PNC, SAN, STI, USB, WFC. [View news story]
Does that excuse the ROBO signing that happened there after? Not really - - Banks should have hired more employees to handle the avalanche of paper work that resulted from the system crashing - - There is enough blame to throw at ALL the greedy parties that participated in that credit dance
A Safe And A Shotgun, Or Public Sector Banks? The Battle Of Cyprus [View article]
It Can Happen Here: The Confiscation Scheme Planned For U.S. And U.K. Depositors [View article]
First, it is ridiculed.
Second, it is violently opposed.
Third it is accepted as being self-evident.”
Arthur Schopenhauer
German Philosopher (1788 – 1860)
It Can Happen Here: The Confiscation Scheme Planned For U.S. And U.K. Depositors [View article]
It Can Happen Here: The Confiscation Scheme Planned For U.S. And U.K. Depositors [View article]
My question would be, after seeing those American results, why did that minion allow the Cyprus banks to follow the same pattern? Was it a test to see how the sheepel would handle the confiscation of their funds?
The market is inventive. Given time, someone will invent a new method to replace the banks, which have proved, by lack of trust, that they have outlived their usefulness.
By a 75-24 margin, the Senate has passed a non-binding vote of approval for a bill allowing states to collect sales taxes from online retailers with $1M+ in annual sales and no presence within a given state's borders. The margin of victory suggests a filibuster shouldn't be a problem when a binding vote is made. Amazon (AMZN) and eBay (EBAY) have already begun collecting in a number of large states, and many investors have already assumed collections will expand in time. (previous) [View news story]
The question is not where does it stop? but rather where did it start? Pull out your history books and find the answer.
A Safe And A Shotgun, Or Public Sector Banks? The Battle Of Cyprus [View article]
Coca-Cola (KO) says it will cut 750 jobs in the U.S. The bulk of the positions being eliminated are in the Atlanta area. [View news story]
If the Cyprus Government goes along with giving the "haircut" to the savers, the ripple effect could go across Europe - - Look at history and the "Bank Holidays" that USA had during the depression - - Selling mattresses that can be stuffed might be the next biggest industry to invest in
Coca-Cola (KO) says it will cut 750 jobs in the U.S. The bulk of the positions being eliminated are in the Atlanta area. [View news story]