Thursday, June 30, 2011

IVECO DAILY RESTYLING (FOTO UFFICIALI)


Info:
http://www.omnifurgone.it/magazine/435/iveco-anteprima-nuovo-daily

Prima era brutto ...continua ad esserlo anche in versione restilizzata.
Salvo solo la fascia cromata con il logo IVECO bello grande in evidenza.

KIA TAM INSIDE (SPY)


Da queste foto sembra più "simpatica" fuori che dentro

The Truth why the market is going up

Everything about the stock market is rigged.  It is smoke and mirrors.  High frequency trading and computer algorithmns. It is a con; an insider's game, and you the everyday person is not meant to benefit from it.

Did you know: 90% of all the stocks are owned by 10% of the population?

So the market's been rising.  The carnival barkers on the financial networks pick rationales out of the thin air (or another area more posterior) and tell you to Buy! Buy!  Invest! Invest!   And Mom & Pop investors and the Jim Cramer dirtball wannabes stay glued to their sets, hoping to learn how to make money.

So.. What made the market rise in the first quarter of 2011 and continue to rise, beside all the Fed stimulus which everyone will have to one day repay in tax increases and social program cuts?

From MarketWatch:

"A new report from TrimTabs, the investment analysts, has blown the whistle on what really went on behind the stock-market "boom" we saw in the first quarter, when the S&P 500 Index rose more than 5%...  So who was driving up the market? What was creating this boom?

Turns out it was the companies themselves. TrimTabs says companies spent a thumping $124 billion in the first three months of the year trying to boost their share prices by buying up stock.  That works out at about $2 billion for every day the market opened."

~ In other words, companies took some of their collective $2 Trillion in cash reserves which they did not wish to use on job creation, and put into their own companies to give the appearance they were stronger than they appeared and to entice Mr & Ms Sucker to invest with them.

* "This stock is jumpin' I tell ya'  Juuuuummpin~"

Let's continue...

"Meanwhile, according to Trim Tabs, guess who avoided buying stock during the first quarter? Company executives. The "insiders."  These are the guys whose stock purchases tend to strongly signal bull markets and genuine booms. They were spending investors' money buying their stock, but weren't spending their own... "We've never seen such a sharp contrast between what insiders are doing with their own money and what they're doing with the money of the companies they manage," TrimTabs Chief Executive Charles Biderman wrote in a note..."

~  Interesting- the CEOs did not wish to risk their own money on their own companies.  They understood the rise in the market was complete bullshit. They better than anyone else, understood their balance sheets and profitability was nowhere near as strong as the public perception they were selling.

How is this not different than say, cooking a meal for others which you're afraid to eat or buying a car for another which you're nervous to be a passenger in?

Now part 3- the money source.

"Where did the companies find the money to buy back their stock? In some cases the money came from profits (includes hoarded cash)... But in other cases they just borrowed the funds.  According to the latest data from the Federal Reserve, corporate debt surged again last quarter — to the highest levels on record.  Debts for nonfinancial corporates hit $7.3 trillion by March 31, reports the Fed. That's up more than $100 billion since the start of the year.

The total at the end of 2007, at the peak of the so-called "credit bubble," was just $6.7 trillion."

~  Now if/when there's another financial crisis and corporations are crumbling like in 2008, and claiming they're all 'too big to fail', where do they get the funds to resuscitate themselves?  Correct-- the US government.  And who really pays?   Yes-- you and I, the taxpayers.

So corporations borrow heavily to acquire the funds to invest into their own stocks to give the appearance of strength.  Shareholders are happy because their profits rise.  Everyday Americans are suckered in to believing there's a 'recovery' going on.  Novices put their money into the market and hope for some kind of return.. and its all one elaborate dupe.

And people get fooled because they want to be.  They want hope and optimism and a belief that all will be well again, while trusting in the most corrupt and soulless individuals-- politicians and corporate businesspeople, to make it happen.

* "Who wants the American Dream?  Ha Ha! Step right up, folks.."

The author of the MarketWatch commentary puts it best...

"When a company borrows money to bolster its own stock price, it makes me wary of the bonds. When the executives aren't even willing to invest their own money, it doesn't exactly make me enthusiastic about the stock either."

Nothing is getting better.  Personally I do not know how much if any, the 2012 Election will matter in terms of improving things.  I do know that in spite of the market rising as it has this week, the most fiscally sound advice one can give is to not invest.  And if you Have to invest, don't commit any money that you will miss when you lose it.

Quick thoughts-- 6/30/11

More quick thoughts coming your way... flying in the air like hand-flung chocolate creme pies..  Don't forget to duck!

Goldman Sachs Informs New York State of Plan to Cut 230 Jobs (Bloomberg) --  I guess this is what it was like in 'Star Wars' when Darth Vader handed out pink slips to some of the stormtroopers.

Stocks rise as Greece nears debt solution (AP) --  Let's see: market went up 72pts while 46 Greek people were injured fighting for their nation's survival.  So that's 1.565 US market points raised per Grecian person beaten or kicked.  Isn't math the coolest?

Amazon battles California sales tax (FT.com) -- Cali has a $9.6 billion deficit yet expects Amazon.com who didn't cause the debt, to pay towards it.  Amazon will leave state if tax law enacted.  Greece's leadership needs to take a page or two from Amazon how to stand up to bullies.

Should You Interview for a Low-Paying Job?  (US News & World Report) -- Only if you can handle the pressure of competing vs other candidates with multiple doctorates.  Dunkin' Donuts expects a lot from their workers, don't ya know...

New York set for boom in Gay Weddings (FT.com) --  How beautiful.  ~Thinking out loud.."Is it too late for me to go to law school, pass the Bar, and start practicing Divorce & Child Custody Law? Hmm.."

Obama: End Tax Breaks For Rich, Not Middle Class (CNBC)  -- I know I heard that somewhere before.. When was it?  Hmm.. Oh yes, right before the President signed an extension of the Bush tax cuts for EVERYONE last December.

Pending home sales up 8.2% in May (MarketWatch) -- Yippee!!  Oh wait, pending home sales were minus 11.3% in April - Darn!  But sales rose in Feb and March- Woo Hoo! But they had dropped in January - Double-darn...

John Kerry: "I Would Have Been A Good President, Maybe Even A Great One"  (NCP.com) -- Ehh.. Or maybe not...

'To Catch A Predator' Host Chris Hansen Allegedly Caught Cheating On His Wife  (Radar) -- Headline made me laugh.  Nice to see someone who profits from false entrapment get trapped via National Enquirer sting




Wednesday, June 29, 2011

WWII history- Bank for International Settlements

The Bank for International Settlements (BIS) is an intergovernmental organization of central banks. It fosters international monetary and financial cooperation and serves basically as a bank for central banks.  It is not accountable to any national government and provides banking services, but Only to central banks, or to international organizations like itself.  It is based in Basel, Switzerland.

Its origins and history are interesting and quite disgraceful...

The BIS was formed in 1930, established between Montagu Norman the then-Governor of The Bank of England,  and Hjalmar Schacht, his German counterpart who later served as Adolf Hitler's finance minister. The Bank was originally intended to facilitate reparation payments imposed on Germany by the Treaty of Versailles after the First World War.

~ Montagu Norman, Governor- Bank of England

During the period 1933–45, the board of directors of the BIS included Emil Puhl and Walter Funk, a prominent Nazi official, who were both convicted at the Nuremberg trials after World War II.  In addition was Herman Schmitz the director of IG Farben and Baron von Schroeder, the owner of the J.H.Stein Bank, the bank that held the deposits of the Gestapo.  It is alledged that the BIS had helped the Germans loot assets from occupied countries during World War II.

As a result of these allegations, at the Bretton Woods Conference in July 1944, Norway proposed the "liquidation of the Bank for International Settlements at the earliest possible moment". This resulted in the BIS being the subject of a disagreement between the American and British delegations. The liquidation of the bank was supported by other European delegates, as well as the United States but opposed by John Maynard Keynes, head of the British delegation.

~ John Maynard Keynes

The dissolution of the BIS was eventually approved. however the liquidation of the bank was never undertaken.  The British delegation did not give up trying to prevent the bank's dissolution and still had not yet been accomplished when Roosevelt died in April 1945.  New president Harry S. Truman and the British agreed to suspended the dissolution and the decision to liquidate the BIS was officially reversed in 1948.

Currently, the BIS is composed of 60 member central banks or monetary authorities.

~  Makes one wish FDR had lived...

Never be loyal to an employer

The headline should be obvious to everyone..  like telling a person to brush one's teeth after eating a meal or turn the TV off when you leave a room...

I always find it humorous when I meet people who are deeply loyal to the companies they work for; taking pride in the success of profitability of the corporation they're attached to and believing their company cares about them.

I usually listen.. nod.. smile..  then think about situations like this:

"Deeper cutbacks will be made throughout Goldman (Sachs)... especially in the U.S.  Goldman still plans to add more employees in Singapore, Brazil and India." -- WSJ

All that hard work spent helping Goldman make untold billions..

And here's your reward.. Pink Slip.  Why?  Because someone else can do your job the same but at a fraction the cost...  Isn't Capitalism wonderful?


Greece: Fire Sales, Spilt Milk & "Lemonade"

Are you an International Investor?

Looking for a good deal?

Want a piece of a nation at rock-bottom prices?

Maybe a motorway?  Or a sewer system?

Why look no further friends... just head over to Greece..

From Guardian UK:  "While Greece erupted in protest again, representatives of the country's government were at Claridge's hotel trying to drum up international investors' interest in a "fire sale" of its national assets.  Up for sale are 39 airports, 850 ports, railways, motorways, sewage works, a couple of energy companies, banks, defence groups, thousands of acres of land for development, casinos and Greece's national lottery...

George Christodoulakis (Greece's special secretary for asset restructuring and privatisations) denied that the hastily arranged sell-off was a fire sale, preferring to describe it as a "professionally managed privatisation plan"... When a fellow Greek interrupted to say the sell-off was "destroying our country", Christodoulakis said there was "no point crying over spilt milk" and told his countryman to "try and be optimistic"."

~ Remember kids, when you're government takes your lemons then sells them to foreign banks and investors to pay debts you did not personally accrue, that's when you need to turn that frown upside down and make pretend lemonade...

KIA K2 HATCHBACK (SPY)


Come in passato....Hyundai & Kia rovinano belle sedan in banali hathback 5 porte con dei posteriori dalle linee molto elementari.
Vedi esempi quali Accent e Cerato.

Tuesday, June 28, 2011

Quick thoughts-- 6/29/11

Since yesterday's "Quick Thoughts" went so well,  and we had so much fun doing it, we thought we'd try two days in a row-- So, take a cup of sarcasm, a teaspoon of irrelevance, a smidge of meanness, a dash of clever-clever, and bake at 350deg for 30min.. and here's your daily 'treats':

Lagarde's selection marks a break with IMF's past (AP)  --  Hmm..  She's the 11th European to head IMF and she's replacing Strauss-Kahn who was Also from France.  Yes, a nice clean Break.

Why France's Rescue Plan for Greece Won't Work Either (CNBC)  --  Shhhh, don't tell the Greek Parliament or the MPs may not go through with their bribed pro-austerity vote...

Palin, in Iowa, ‘Still Thinking About’ Running (NY Times)  -- Wonder what's less likely- Sarah deciding not to run for President, or finding 1 person on CNN Headline News' 24 hour Casey Anthony coverage who will take her side?

Romney Camp Pushes Utah to Move Up Vote (WSJ)  --  It will cost state taxpayers $2.5 million but Heyyy, C'mon!-- its for Romney's benefit.. And what's $2.5 million anyways?  Utah is 41st in education- they don't need the money...

Saab can finally pay workers... to do nothing (CNN Money) --  Where do I submit my resume?

Fears About Jobs and Wages Depress Consumer Confidence (The Atlantic) -- AND.. Cue the automated response: "Recovery... Recovery",  "Soft Patch",  "Headwinds",  "a Blip.. Bleep.. Bloop",  "Jobless Recovery", "All is well.. repeat... All is well"

J&J recalls more Tylenol Extra Strength pills (AP) -- All because of a musky odor?  Hell, back in my day, we'd live in musky homes, eat moldy bread and drink mildewed milk and Not One Complaint...

Declines in Home Prices Ease  (WSJ) --  When a 4% National decline in home values vs this time last year is celebrated as a positive, I know a certain paper is losing its trustworthiness.

Cramer: Things Are Looking Up (CNBC) --  Yes, Jim. Usually when you are fully bent over and clasping your ankles like a good Wall St. employee, you find yourself looking "Up"

Scenes From a 'Playboy' Playmate Casting Call (The Atlantic) -- Old joke: "Are you willing to pose nude for $100k?" ~ "Sure" ... "Will you pose for $10?"  ~ "No! What do you think I am?" .... "Well I know what you are--just negotiating price."

Photos: The Greece that Investors Ignore

Yahoo! Finance had this headline:  'Ignore Greece, Earnings Matter Most'


This meant Greece's economic situation was supposedly 'priced in' to the markets and that everyone should assume austerity measures will pass tomorrow.  And even if it doesn't,  the bankers will cleverly come up with some trick or scheme to make sure no one is financially hurt by Greece but perhaps Greece themselves.  So, don't think or concern oneself with that little country  Focus on Earnings.. \Mmm.. Yummy Profits.. MMmMmm..  ~Rubs hands together~

And this allows the sociopath investor/trader to ignore this:


And this..



And this...


Well I guess on the 'bright side', as Americans, we never have to worry about scenes like this taking place in US cities, because our economy is Strong, our leaders care, and no one pulls this nation's financial 'strings'.

So let's 'relax' and look at some more photos & snicker at those "silly Grecians"; those people the corporate media summarize as 'lazy tax dodgers who get to retire in their 50s with 80% pensions and who obviously are to blame for their mess'.







Quick thoughts.. 6/28/11

The news is just chock full of headlines.. 99% of it completely irrelevant and immaterial to people in any meaningful way.  So for fun, and a quick read, here's a new segment on A&G called "Quick Thoughts" where we post headlines and give observations in as few words as possible.  Sometimes astute, sometimes smart-alecky, but at least you have something to contribute to the proverbial "water cooler".

Here we go...

Fed May Buy $300 Billion in Treasuries After QE2 (Bloomberg)   -- Funny, could have sworn QE2's end was supposed to mean end of Fed Treasury purchases.  Guess instead of calling Q3 by a different name, call it No name.

Can't ban violent video sales to kids, court says (AP) -- Whew, last thing we need is anything preventing increased desensitization of young people to violence.  That skill will come in handy one day when they enlist or are drafted.

Michele Bachmann confuses John Wayne Gacy with The Duke (LA Times) -- Hmm, which is funnier:  that or the Entire corporate media confusing a global recession/depression with 'recovery' and 'soft patches'?

Euro debt news lifts stocks after last week's loss (AP) -- Guess the adage is true: higher they lift, the harder they will drop.  Check back on Friday to see what I mean.

Germans Becoming Resigned to Euro Divorce  (MarketWatch)  -- If nations or people never get married, they wouldn't have to worry about divorces.  On bright side, at least there's no child custody battle awaiting.

Why Some Pros Still Believe a Big Stock Rally Is Coming  (CNBC)  --  A) They're clairvoyant,   B) They're experts or, C)  Because their soulless, greedy sociopathic monsters who will say Anything to get you to risk your last dollars in the market.

Neb. nuke utilities say safety prevails amid flood  (AP)  --  I coulda' sworn I heard the same thing from 'experts' in Japan.

French banks agree to Greek debt rollover  (Reuters) -- In plainspeak: picking shit out of thin air to get out of a bind.  Whatever it takes to avoid dealing with reality Mr Sarkozy... Whatever it takes...

Facebook hires PlayStation hacker George Hotz, aka GeoHot  (Washington Post)  --  See kids, that's how you get a good paying job in today's economy.

Monday, June 27, 2011

Debt Slave Nation- Degrees not worth it

Found this article from CNN Money..  They talked to people overloaded with student debt to share their thoughts, experiences and basically if it was all worth it.  Personally, I feel anyone taking on tens of thousands of dollars in debt for a worthless piece of paper (or making their parents pay for it) are Fools.

But I could be wrong.. let's see what these others had to say...

(These are real people, and not made up by A&G to make a 'point'. Their thoughts/opinions were expressed in the CNN Money article.  With the exception of anything underlined or highlighted, A&G did not inject any viewpoints into the following commentaries..)

Erik Solecki

Student debt: $185,000
Degree:   Bachelor's in industrial engineering from Kettering University

Was my college degree worth it?   Hell no.

I graduated from one of the top engineering schools in the nation, thinking my starting salary would be between $70,000 and $80,000 a year.

Such a specialized, technical degree is supposed to lead to a great career, so I was willing to take out the debt.  Instead, I was hit with 9 months of unemployment after graduating. And now that I finally have a job, I'm making about $15,000 a year less than I had hoped.

Even if I were able to afford the $1,800 payments each month, it will probably take me 30 years to pay off my student loans.  I engineer high-end autos. Ironically, I'll probably never be able to afford one.
~ * ~ * ~ * ~ * ~ * ~

Saniquah Robinson

Student debt:   $82,000
Degrees:   Master's in Health Science from Chatham University; Bachelor's in psychology from Temple University

After holding my Master's for three years, I'm still fighting to find a Master's level position.  I have been seeking employment in the medical field and after about a hundred interviews, I'm left doing contract work for $19 an hour.

I once believed that part of the American Dream was to earn a college education and this would ensure a great career and financial freedom. Unfortunately I am losing hope. I'm a mother of three, and my husband and I have been turned down from purchasing a home due to our income-to-debt ratio.
~ * ~ * ~ * ~ * ~ * ~

Shane Dixon

Student debt:   $72,800
Degrees:   Master's in public health from University of South Carolina; Bachelor's in biology from Clemson University

In my early years after high school, I wavered between trade school and college, but eventually opted for college and earned a Bachelor's in biology.  I quickly found work, but at an abysmal wage of $7.25 per hour, which did not even allow me to live on my own.

After an exasperating year at that wage, I decided to go back to school and I graduated in 2004 with a Master's in Public Health, thinking I was on the road to recovery.

During that time, I had been married, had a child, gotten divorced, and ended up raising my son on my own. I took a low paying government job in Southern Florida, and because I couldn't even make the minimum payments on my debt, I took forbearance after forbearance.

I have had a good life, but now at age 37, the weariness of carrying this financial burden frustrates me to no end.
~ * ~ * ~ * ~ * ~ * ~

Michelle Shipley

Student debt:   $140,000
Degree: Bachelor's in political science and international development from Tulane University

Like many, I had no idea what money meant when I was 17. My family is not wealthy. I simply didn't have the information or knowledge to know what it would be like now.  I had to pay for college on my own and took out loans for everything - rent, food, books, tuition, etc.

Then, during my sophomore year, I lost everything to Hurricane Katrina. I finished my degree, but continued to take loans to make it possible.  I'm now working at a non-profit and I love it -- but I don't make much. I've been able to put off the payments through forbearance, but I know the $1,400 a month bills are coming soon.  Not to mention, I've also racked up about $7,000 in credit card debt.

My debt is a life-swallowing, all-consuming, hole in my life. No college degree is worth that
~ * ~ * ~ * ~ * ~ * ~

We all want to be Doctors and Lawyers.. We all want to be multimillionares.   And if that's your dream (and not something your parents are Pushing you into), then super-- best of luck to you.  But understand no matter the degree you're seeking, the system is set up so that you are to be a debt slave before you turn 22years old.

Unless you are choosing a field that is truly expanding or have some kind of job placement when you're done schooling,  you should think long and hard about attending a University, especially one far away from home where room & board costs have to be factored in.

Be SMART- Don't be a Debt Slave if you can help it..

Lastly,  If you are curious to see an A to Z list of drop-out Successes:

http://www.collegedropoutshalloffame.com/

Greece's people say 'No'- Will Parliament listen?

Read a really good piece in this morning's Guardian UK entitled Greece Is Standing Up To EU Neocolonialism.  For the full article, one can click below...

http://www.guardian.co.uk/commentisfree/2011/jun/27/greece-bailout-eu-neocolonialism

Nonetheless, I wanted to highlight a few astute points from the article (in blue font):


"It is perhaps time to revisit some basic facts that have been seriously misrepresented.



1. The bailout of Greece is not a gift or grant but a loan bearing high interest. Crucially, bailout funds are not used to pay civil servants' salaries and pensions, but to pay off debt held by German and French banks...



2. This unprecedented punishment led to an increase in debt and to permanent economic depression. The European governments now propose to offer a second loan, if Greece accepts an even more odious set of measures and sells off the family silver. Acceptance of these measures has been made a precondition for the payment of the fifth instalment of the initial bailout.



This is blackmail worthy of a backstreet loan shark. The privatisation plan includes the sale of 17% of the public power corporation, the engineroom of growth, which will remove the state's controlling interest. ... This post-Soviet style privatisation will pass valuable public assets to private hands...



3. The loss of economic sovereignty is accompanied by unprecedented attacks on the political and legal integrity of the country. IMF and EU inspectors visit the country on a regular basis, examine the records and dictate policy. Under the new plan, foreign emissaries will be assigned to the main ministries and will run the companies that will privatise the public wealth. Government capitulation is not enough. The European authorities demand that all political parties should accept the new austerity measures before the next loan instalment is paid. Surreptitiously, a new type of colonialism is emerging, in which the Brussels elites treat the European south as undeserving poor or colonial subjects to be reformed and civilised..."

I read yesterday that the Damned Chinese now wish to offer to bailout Greece and the rest of the EU.   Funny how a supposed Communist nation born from the philosophies of Marx, Lenin & Mao would have its own stock exchange, have 3.3 millionaires amongst its population and conduct its economic policy like every other capitalist nation... Just funny.  But I digress...

The US made the same financial pledges last month even though we're $14.5 Trillion in Debt as it is.   Only when you print your own money can you get away with such irresponsibility.

You would really think after 33 months since the global Crisis of 2008, that banks and financial entities would be allowed to simply fail, and that Greece could just default before it loses its infrastructure and national identity.  You would think these magical tricks and schemes would come to an end and the baddies would get just desserts?  

You'd think?

~ sings: "Felix the Cat.. the Wonderful, Wonderful Cat!  Whenever he gets in a Fix, He reaches into his bag of tricks!"

PEUGEOT 308 SEDAN (SPY)


Il frontale mi piace molto.
Il posteriore e' veramente poco Peugeot.

Sunday, June 26, 2011

Lying Quote of the Day- 6/26/11

Hey Boys & girls, if you want to be a Serious, Professional fear mongerer, look how it is properly done:

"Returning to the (Greek) drachma would mean that on the following day banks would be surrounded by terrified people trying to withdraw their money, the army would have to protect them with tanks because there would not be enough police... There would be riots everywhere, shops would be empty, some people would throw themselves out the window ... And it would also be a disaster for the entire European economy."

-- Greece's Deputy Prime Minister Theodoros Pangalos speaking to Spanish newspaper El Mundo about if the Greek Parliaiment didn't vote Tuesday to sell out its people  (Oops, I mean if they didn't vote for more austerity)

Whewww.. If I was a bank or special interest, I Definitely would want to OWN him!

~ Perhaps Mr Pangalos should start with some personal 'austerity'

Questions, Expectations and Courtship

Most people think there's distinct differences between Republicans and Democrats.

There isn't.

Now I concede on social and 'hot button' issues- topics such as gay marriage, abortion, burning of flags, etc,  there are distinct differences.  And this is because both parties find these topics relatively harmless and allow the extreme elements of both sides to express themselves and parties pretend these people matter.

But on important issues.. the economy in particular, there's very little difference.

Last week in a previous posting, I quoted the incoming Commerce Secretary stating during confirmation hearings that the Administration supports lowering the taxes on companies i.e. corporations.    I also provided a quote from Obama's Secretary of Treasury, Geithner stating that the Administration feels it is important the taxes of small and medium businesses go UP to keep the size of the government where it currently is.  Quotes found in link below:

http://ants-and-grasshoppers.blogspot.com/2011/06/little-person-no-one-is-on-your-side.html

Funny, but Every Single Republican presidential nominee and Every Republican in Congress agrees with these two Democrats and the Administration when it comes to cutting taxes, and yet calls Obama a 'socialist'.  Funny how liars think..

Found this quote today in the New York Times- pretty innocent stuff, no 'gotchas'

"President Obama traveled to Manhattan on Thursday for several fund-raising events, including an extravagant dinner for some of his administration's top Wall Street supporters. The $35,800-a-plate dinner... was hosted by a committee of bankers, private equity executives and hedge fund managers"

As I said nothing illegal or 'gotcha' about it.  Yet, ask yourself some questions:

1)  Why would anyone spend $35,800 for a plate of food?  I don't mean that humorously.  I mean- what would someone feel they had to gain from spending that much to meet the President?   A photograph?  A story to tell their children?

2)   A follow up would be, what would someone feel they had to gain from donating that much money to the Democratic Party, which traditionally (prior to Clinton) put concerns of Main Street before Wall St.? Wasn't this the exclusive domain of the Republicans-- to rub elbows with riff raff and money-hungry monsters dressed in fine attire?

3)  Is it more likely someone would spend that much money in the hopes the President would 'Finally' listen to their concerns and fulfill their needs, or as a thank-you to a man who already has served the banking and finance community well?  And what expectations does someone who spends $35,800 for dinner have for 2013 and beyond?

There used to be a time the Democrats were distinct from the Republicans on issues of economy, taxation, war, providing social services, etc.   It is no accident things changed.

It used to be that the biggest contributors to the Republicans were Wall St 'fat cats' and Democrats got their money from unions. As unions weakened in the 80s thanks to Reagan in particular, they were donating less and less, and a booming Wall St was donating more and more.   In 1988, a genuinely liberal Michael Dukakis got severely trounced by George Bush Sr. and the disparity in 'war chests' was profound.

The Democratic party decided afterwards they would change tactics.  Because they allowed 'liberal' to turn into a dirty word during the '88 campaign, no longer would they embrace 'traditional' Democrats and in 1992, when they backed Bill Clinton, they supported a very Wall St friendly candidate and in turn, money from the financial sector was being placed in the Dem party's coffer.

Clinton did good things in office during his eight years but he also got NAFTA and the Free Trade Act passed, which has completely decimated the American manufacturing base and stunted workers' wages in all non-technical fields.  And in was Clinton who passed the Welfare Reform Act which to the delight of Republicans made it very difficult for the poorest people to get government assistance to survive.

Fast forward to 2008- Obama is elected President.  And before he is even inaugurated, he fires his entire economic team and replaced them with Wall St Clinton-cronies.  And the rest is history.  No 'Jobs Act' passed.. No extension of benefits for '99ers' (those out of work 99weeks and unable to receive any more assistance).. No law placing a moratorium on evictions or foreclosures..  Nothing.

Well.. not 'nothing' I suppose..  Trillions of dollars did find their way into the hands of Wall St and the stock market.. so I guess that's "something"

I end with this thought to consider:  When a man pays for lobster on a date, he's expecting more than a kiss on the cheek.    And when a Wall St. man pays $35,800 to eat "Maine lobster salad with roasted beets, duos of Black Angus beef, braised short ribs with young spinach, and roasted tenderloin with stuffed potato and hen of the woods", he's expecting more from the President than a handshake.


LEXUS GS (SPY)

*lexusenthusiast

Spero vivamente che mantengano coraggiosamente la mascherina a forma di clessidra del Concept.

Saturday, June 25, 2011

This Day in History- June 25th

Many interesting things occurred on this day in history- Virginia ratified the Constitution and officially became a US State in 1788,  the Battle of Big Horn or 'Custer's Last Stand' was fought in Montana in 1876, and the Korean War officially began in 1950.  In addition, "The Diary of Anne Frank" was published in 1947 and Michael Jackson sadly passed away two years ago today (2009).

But I wanted to focus on a very special event (depending on which side of the Atlantic you live on) which took place today that fits with the broader themes of Ants & Grasshoppers-- resilience, determination, and to never be discouraged or quit in the face of adversity or monumental hurdles, etc..  

Following is from History.com (in blue font):

"On this day in 1950, an American team composed largely of amateurs defeated its more polished English opponents at the World Cup, held in Belo Horizonte, Brazil. Dubbed the “Miracle on Green,” the game is considered one of the greatest soccer upsets of all time.

The English team at the time, known as the “Kings of Football,” boasted a record of 23 victories, 4 losses and 3 draws in the years since World War II ended. Its members were professional footballers culled from England’s domestic leagues. The Americans, by contrast, had lost their last seven international matches. Hastily assembled just days before the match against England, the U.S. team included a dishwasher, two mailmen, a teacher and a mill worker. The Belfast Telegram described them as “a band of no-hopers drawn from many lands,” ostensibly because some of the men were recent immigrants to the United States.

By the time the two teams squared off at Belo Horizonte, bookies had given the Brits 3-1 odds to take the World Cup, compared to 500-1 for the Americans. The newly appointed American coach, Bill Jeffrey, apparently agreed with them, telling a British reporter, “We have no chance.”

The game began with the Americans on the defense as the English assailed them with one clear shot on goal after another. The goalkeeper, Frank Borghi, a former minor league catcher who now drove a hearse in St. Louis, managed to tip each one.  Finally, with less than 10 minutes to go in the first half, U.S. midfielder Walter Bahr centered a ball from 25 yards out, and Haitian-born forward Joe Gaetjens scored with a diving header. 


England lashed back with a battery of shots throughout the second half, but nothing got past Borghi. The no-hopers had defeated the Kings of Football with a single goal. The 30,000 Brazilians in the stands went wild, knowing that a British loss could help their own team fare better in the tournament. Gaetjens, who would later return to Haiti and disappear during François Duvalier’s repressive regime, was carried off the field in celebration.

Appalled English fans could not fathom that the Americans had beaten them at their own game. In the United States, meanwhile, the improbable win barely made a ripple. Only one American journalist had traveled to Brazil for the World Cup in the first place: Dent McSkimming of the St. Louis Dispatch, who paid his own way when his newspaper would not send him. He later said that the American victory was “as if Oxford University sent a baseball team over here and it beat the Yankees.”...

After the upset, both teams were quickly eliminated and returned to their respective sides of the Atlantic–the Brits chastened, the Americans essentially ignored. It would be 16 years before England won its first and only World Cup title. The United States, meanwhile, would not even appear in the tournament again until 1990."

No matter what happens with the global economy; the soulless bankers, corrupt politicians and Evil money-junkies in the markets in collusion... no matter how bad things seem or are in reality, the human spirit rises.  It overcomes, and achieves great things.  As individuals.. as family.. as communities, people who take control of their lives, prepare for the future and are not intimidated by the unknown-- they are Winners.

Tulips shall always grow ~

DACIA MULTI SPACE K67 (SPY)

*kM77

??
La targa indica la nazionalità francese...
I 3 MultiSpace Renault/Peugeot/Citroen sono troppo recenti per pensare ad una loro sostituzione.
Pertanto, procedento per esclusione, non può che trattarsi della piu' volte annunciata MPV by DACIA.?!?
(Anche il portellone separato in modo assimetrico con il lunotto che maschera i montanti, simile alla soluzione usata dalla LOGAN SW e' un indizio che avvalora la mia ipotesi)

UPDATE:
No monovolume MPV...ma secondo fonti ben informate questo sarà il nuovo MultiSpace della DACIA prossimo alla presentazione a Francoforte (Concept?)siglato con il codice K67.