Posted on October 17th, 2008 by joseph
It seems the $700 billion bailout is being used by the companies to bail themselves out. It hasn’t thus far cured the liquidity issues in the credit world. http://www.reuters.com/article/forexNews/ idUSTRE49G5Z620081017?pageNumber=2&virtualBrandChannel=0 So what happens now? It is really very simple logic to me. If prices are being supported and are maintained artificially higher then their true [...]
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Posted on October 14th, 2008 by joseph
According to the article that I have linked below, Opec is attempting to stabilize the price of oil around the 80′s. I seems that I may have been correct after all. http://www.domain-b.com/industry/oil_gas/20081013_emergency_meet.html
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Posted on October 10th, 2008 by joseph
As per my predictions oil prices have dropped even below the mark I had set at $82 per barrel.
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Posted on October 9th, 2008 by joseph
I had just responded do Diane Feinstein. It was a form letter sent explaining her vote for the bailout. I was angry and I let her know what I think of her and her vote. After sending the letter, I looked at the headlines on-line. I run across an amazing Reuters story. This must be [...]
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Posted on October 9th, 2008 by joseph
The story of how ketchup came to be is part of the American Lexicon. It goes something like this. Whilst making tomato sauce the chefs burnt the sauce. In their machinations to save the sauce ketchup was born. Please bear with me. I hear many comparisons between the Great Depression and what is happening today. [...]
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Posted on October 8th, 2008 by joseph
I had predicted a $2.5 trillion bailout, seems I may have been off by $2.5 trillion, it may be as high as $5 trillion. Recently, I had a meeting with a colleague during our conversation he mentioned the re-deployment of one military brigade back in the US. The reason he gave me for this redeployment [...]
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Posted on October 5th, 2008 by joseph
In an earlier article I wrote this is not a 700billion bailout, it is 2.5 Trillion. Sure seems I may be sadly right.
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Posted on October 1st, 2008 by joseph
I have decided that I will relate the actual daily activities of my career. This is the true story of a Real Estate transaction. Today I received a call. It was from a friend of mine. We have dealt with each other on a completely different area of business. It is entertainment of sorts lets [...]
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