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1. Photo of ka9taw
Paul Mooney: Time to rethink the Lotus Notes front end?
http://edbrill.com/ ebrill/ edbrill.nsf/ dx/ new-job-day-3-a-stake-in-the-ground
Permanent Link Location: Highland Park, IL USA New job day 3: ... up to. Put simply, the function of my new team is product management. We worry about the overall ... .
15 minutes ago by ka9taw in Ed Brill · Authority: 210
2. Photo of Finbar
THE FINTAG NEWSLETTER @ 09 October 2008
http://fintag.com/ archive/ 2008/ 10/ 09/
[ ]FINTAG COMMENT Phew! At last these "once in a lifetime events" are becoming so regular that I am able to sleep better than usual. The British now have one of the highest tax burdens in the world, the streets around the Bank of England have more journalists than city workers and market volatility
1 hour ago by Finbar in FiNTAG: Hedge Funds: Daily News: Gossip: Predictions: Opinions · Authority: 65
3.
View all »
Videos about marketing management
1. Master of Marketing Management in Bern (www.imu.unibe.ch)
2. USQ School of Management and Marketing
3. marketing management software business marketing small
4. Keynote Speaker: Futurist Patrick Dixon - industry trends - management, marketing, customers, lifestyles, motivation, change management and leadership development. Corporate event keynote speaker: video and slides.
4. Photo of BernieTyrol
DMI Review: Unleashing the Power of Design Thinking at IBM
http://www.customer-experience-labs.com/ 2008/ 10/ 09/ dmi-review-unleashing-the…
image The Design Management Institute has just published an article titled "Unleashing the ... Strategist for IBM Corporate Marketing and Communications. While the magazine is fully accessible ...
NOTE: IBM IS ONE OF THE TOP COMPANY IN MARKETING AND COMMUNICATIONS.
1 hour ago by BernieTyrol in The Customer Experience Labs | design.remarkable.experience · Authority: 25
5. No one has claimed this blog
CMS at a crossroads
http://digitalassetmanagementorguk.wordpress.com/ 2008/ 10/ 09/ cms-at-a-crossro…
What Next for Web CMS Vendors? by Kasman Thomas 09-Oct-2008 In research for the Web CMS Report ... in new markets based on some combination of product features and marketing strategy ...
1 hour ago in digital asset management weblog · Authority: 21
6. Photo of deadpresident
Idea Cellular - Annual Report - 2007-2008
http://deadpresident.blogspot.com/ 2008/ 10/ idea-cellular-annual-report-2007-20…
IDEA CELLULAR LIMITED ANNUAL REPORT 2007-2008 DIRECTORS' REPORT Dear Shareholders, The Directors are pleased to present their Thirteenth Annual Report together with the Audited Accounts of your Company for the financial year ended March 31, 2008.
1 hour ago by deadpresident in Dead Presidents! - India Equity Research · Authority: 30
7. Photo of deadpresident
Polaris Software - Annual Report - 2007-2008
http://deadpresident.blogspot.com/ 2008/ 10/ polaris-software-annual-report-2007…
POLARIS SOFTWARE LAB LIMITED ANNUAL REPORT 2007-2008 DIRECTOR'S REPORT To the Members, Your Directors have great pleasure in presenting the Fifteenth Annual Report together with the Audited Statements of Accounts for the year ended March 31, 2008. 1. Financial Results a.
1 hour ago by deadpresident in Dead Presidents! - India Equity Research · Authority: 30
8. Photo of deadpresident
Geodesic - Annual Director's Report - 2007-2008
http://deadpresident.blogspot.com/ 2008/ 10/ geodesic-annual-directors-report-20…
GEODESIC INFORMATION SYSTEMS LIMITED ANNUAL REPORT 2007-2008 DIRECTOR'S REPORT To, ... has been recorded at 12.09%. Your management made all efforts to keep its promise of increasing revenues
1 hour ago by deadpresident in Dead Presidents! - India Equity Research · Authority: 30
9. Photo of gswann
Will Mortgage Brokers Be the Hope For Homeowners?
http://www.bloodhoundrealty.com/ BloodhoundBlog/ ?p=4858
The FHA Hope For Homeowners program was designed for existing homeowners, struggling with mortgage payments and an "upside-down" equity position in their primary residence. It is a new program with lots of misinformation. Some believe it can only be offered by existing loan servicers, some think
1 hour ago by gswann in BloodhoundBlog: National real estate marketing and technology blog | Realtors and real estate, mortgages, lending, investments · Authority: 1,338
10. No one has claimed this blog
How a Degree in the Culinary Arts will Give You the Edge
http://www.betteronlineeducation.com/ / how-a-degree-in-the-culinary-arts-will-g…
Find the Best Online Colleges Universities at BetterOnlineEducation ... of the food industry, so you can expect some in-depth tuition on business management and running IT programs such as CRM (customer relationship management) and
1 hour ago in Best Online Colleges, Best Online Universities, Top Online College Review, APA Approved Accredited Programs · Authority: 25
11. Photo of techlime
Acer Aspire Wimax Notebooks: 6930-6771 & 4930-6862
http://techlime.com/ laptops-desktop-tablet-pc/ acer-aspire-wimax-notebooks-6930…
Acer have taken the wraps off of their WiMAX-integrated notebooks, designed to work with Sprint's new XOHM network. The tiresomely-named Aspire 4930-6862 and Aspire 6930-6771 both integrate Intel's new WiMAX/WiFi Link 5050 module for Centrino 2 notebooks, promising average downlink speeds of 2-4
1 hour ago by techlime in TechLime | Mobiles, Graphic Cards, CPU, Cameras, LCD Tvs, Gaming, GPS, Handhelds, HDTV, Laptops, Storage, etc. · Authority: 75
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12,904 RESULTS FOR MUTUAL FUND
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1. No one has claimed this blog
The Fall of the Bond Markets
http://money-advice-guide.org/ 2008/ 10/ 09/ the-fall-of-the-bond-markets/
The Fall of the Bond Markets The current question that is being asked in the stock is why is the bond market selling off. While there is a number of excuses there are real reasons this is occurring. First and foremost there are more seller than buyers.
NOTE:PLUNGE IN THE STOCKMARKET AFFECTED THE BOND MARKET.
48 minutes ago in Money Advice Guide · Authority: 15
2. Photo of Finbar
THE FINTAG NEWSLETTER @ 09 October 2008
http://fintag.com/ archive/ 2008/ 10/ 09/
[ ]FINTAG COMMENT Phew! At last these "once in a lifetime events" ... on dire warnings by the International Monetary Fund. The UK Government sought to bolster Britain's
1 hour ago by Finbar in FiNTAG: Hedge Funds: Daily News: Gossip: Predictions: Opinions · Authority: 65
3.
View all »
Videos about mutual fund
1. 20. Mutual Funds 1: What is a Mutual Fund?
2. 21. Mutual Funds 2: Types of Mutual Funds
3. Mutual fund company deal
4. Very funny Indian ad for HDFC Mutual fund
4. No one has claimed this blog
Too 'SMALL' To Fail!!!
http://howardlindzon.com/ ?p=3878
There is panic people. You can choose to Panic or you can do as I do everyday and repeat after ... such massive damage (the IBD mutual fund index is down 40 freaking percent this year). This is a once
1 hour ago in Howard Lindzon · Authority: 250
5. No one has claimed this blog
Why the Wall Street bail out plan is bad-5: Rewarding greed
http://wp02.miomia.net/ wp02/ 2008/ 23466.html
In this next-to-last post in this series (but probably not on this topic), I want to look at how senior Wall Street executives saw their profession as some sort of game in which the goal was to extract more personal benefit than the next executive, leading to a leap-frogging of various forms of
2 hours ago in Mortgage Information · Authority: 106
6. Photo of QualityStocks
USA Truck Inc. (USAK): King of the Road, Royalty for Your Portfolio?
http://Blog.QualityStocks.net/ ?p=12832
USA Truck (USAK) offers truckload freight services to various industries, ... own 31 percent of USA Truck's shares while 40 institutions control another 57 percent. Mutual fund
2 hours ago by QualityStocks in The Quality Stocks Stock Newsletter For Smallcap Companies Blog · Authority: 41
7. No one has claimed this blog
Say it with me: Money market mutual funds are not insured
http://www.usatoday.com/ money/ perfi/ columnist/ krantz/ 2008-10-09-money-marke…
Q: I thought money market funds were safe. So, why am I losing 3% of my money on The Reserve Primary Fund?
3 hours ago in Money News: Financial, Economy, Stock Market & Real Estate Stories - USATODAY.com · Authority: 30
8. No one has claimed this blog
Say it with me: Money market mutual funds are not insured
http://money.com.hr/ say-it-with-me-money-market-mutual-funds-are-not-insured/
Q: I thought money market funds were safe. So, why am I losing 3% of my money on The Reserve Primary Fund?
3 hours ago in Money, Insurance, Mortgage, Investment · Authority: 20
9. No one has claimed this blog
Obama Lying Again
http://robertd.wordpress.com/ 2008/ 10/ 08/ obama-lying-again/
From the McCain Campaign via Fox's Urgent Que. You get to read it here first! Of course the McCain people won't say B. Hussein Obama lied, that was me. I say, watch the video and read the facts. He Lied!
NOTE: MCCAIN IS A U.S. PRESIDENTIAL CANDIDATE.
3 hours ago in Bob's Bites · Authority: 25
10. Photo of MarathonPundit
Friends of Barack update: Obama still not telling all about his relationship with Ayers
http://marathonpundit.blogspot.com/ 2008/ 10/ obama-still-not-telling-all-on-his…
Barack Obama is still not telling everything he knows about his relationship with unreptentant terrorist Bill "Bomber" Ayers. Or for that matter, Ayers' wife Bernardin Dohrn. In his interview on on Hannity & Colmes I saw two hours ago, John McCain said something along the lines that during their
3 hours ago by MarathonPundit in Marathon Pundit · Authority: 240
11. No one has claimed this blog
Four Mutual Fund Giants Join Guaranty Plan
http://www.wp.elo.pl/ four-mutual-fund-giants-join-guaranty-plan-3/ 09/ 10/ 2008…
The new federal program aimed at restoring confidence in the nation's money market funds was joined by four of the nation's best-known mutual fund companies.
3 hours ago in My very new news blog · Authority: 24
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About / rising and falling
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1. No one has claimed this blog
The Fall of the Bond Markets
http://money-advice-guide.org/ 2008/ 10/ 09/ the-fall-of-the-bond-markets/
The Fall of the Bond Markets The current question that is being asked in the stock is why is the bond market selling off. While there is a number of excuses there are real reasons this is occurring. First and foremost there are more seller than buyers.
NOTE:PLUNGE IN THE STOCKMARKET AFFECTED THE BOND MARKET.
48 minutes ago in Money Advice Guide · Authority: 15
2. Photo of Finbar
THE FINTAG NEWSLETTER @ 09 October 2008
http://fintag.com/ archive/ 2008/ 10/ 09/
[ ]FINTAG COMMENT Phew! At last these "once in a lifetime events" ... on dire warnings by the International Monetary Fund. The UK Government sought to bolster Britain's
1 hour ago by Finbar in FiNTAG: Hedge Funds: Daily News: Gossip: Predictions: Opinions · Authority: 65
3.
View all »
Videos about mutual fund
1. 20. Mutual Funds 1: What is a Mutual Fund?
2. 21. Mutual Funds 2: Types of Mutual Funds
3. Mutual fund company deal
4. Very funny Indian ad for HDFC Mutual fund
4. No one has claimed this blog
Too 'SMALL' To Fail!!!
http://howardlindzon.com/ ?p=3878
There is panic people. You can choose to Panic or you can do as I do everyday and repeat after ... such massive damage (the IBD mutual fund index is down 40 freaking percent this year). This is a once
1 hour ago in Howard Lindzon · Authority: 250
5. No one has claimed this blog
Why the Wall Street bail out plan is bad-5: Rewarding greed
http://wp02.miomia.net/ wp02/ 2008/ 23466.html
In this next-to-last post in this series (but probably not on this topic), I want to look at how senior Wall Street executives saw their profession as some sort of game in which the goal was to extract more personal benefit than the next executive, leading to a leap-frogging of various forms of
2 hours ago in Mortgage Information · Authority: 106
6. Photo of QualityStocks
USA Truck Inc. (USAK): King of the Road, Royalty for Your Portfolio?
http://Blog.QualityStocks.net/ ?p=12832
USA Truck (USAK) offers truckload freight services to various industries, ... own 31 percent of USA Truck's shares while 40 institutions control another 57 percent. Mutual fund
2 hours ago by QualityStocks in The Quality Stocks Stock Newsletter For Smallcap Companies Blog · Authority: 41
7. No one has claimed this blog
Say it with me: Money market mutual funds are not insured
http://www.usatoday.com/ money/ perfi/ columnist/ krantz/ 2008-10-09-money-marke…
Q: I thought money market funds were safe. So, why am I losing 3% of my money on The Reserve Primary Fund?
3 hours ago in Money News: Financial, Economy, Stock Market & Real Estate Stories - USATODAY.com · Authority: 30
8. No one has claimed this blog
Say it with me: Money market mutual funds are not insured
http://money.com.hr/ say-it-with-me-money-market-mutual-funds-are-not-insured/
Q: I thought money market funds were safe. So, why am I losing 3% of my money on The Reserve Primary Fund?
3 hours ago in Money, Insurance, Mortgage, Investment · Authority: 20
9. No one has claimed this blog
Obama Lying Again
http://robertd.wordpress.com/ 2008/ 10/ 08/ obama-lying-again/
From the McCain Campaign via Fox's Urgent Que. You get to read it here first! Of course the McCain people won't say B. Hussein Obama lied, that was me. I say, watch the video and read the facts. He Lied!
NOTE: MCCAIN IS A U.S. PRESIDENTIAL CANDIDATE.
3 hours ago in Bob's Bites · Authority: 25
10. Photo of MarathonPundit
Friends of Barack update: Obama still not telling all about his relationship with Ayers
http://marathonpundit.blogspot.com/ 2008/ 10/ obama-still-not-telling-all-on-his…
Barack Obama is still not telling everything he knows about his relationship with unreptentant terrorist Bill "Bomber" Ayers. Or for that matter, Ayers' wife Bernardin Dohrn. In his interview on on Hannity & Colmes I saw two hours ago, John McCain said something along the lines that during their
3 hours ago by MarathonPundit in Marathon Pundit · Authority: 240
11. No one has claimed this blog
Four Mutual Fund Giants Join Guaranty Plan
http://www.wp.elo.pl/ four-mutual-fund-giants-join-guaranty-plan-3/ 09/ 10/ 2008…
The new federal program aimed at restoring confidence in the nation's money market funds was joined by four of the nation's best-known mutual fund companies.
3 hours ago in My very new news blog · Authority: 24
1. 1
2. 2
3. 3
4. 4
5. 5
6. 6
7. 7
8. next »
Rising and falling in Finance
Technorati data powered by Truviso
1. amex
2. bankruptcy
3. cd
4. cfr
5. corporate
6. credit
7. credit cards
8. debt
9. earnings
10. federal reserve
11. financial
12. financial goals
13. garmin
14. gold
15. housing
16. housing market
17. inflation
18. insurance
19. ipo
20. nasdaq
21. options
22. saving money
23. stock market
24. stock quotes
25. tax
About / rising and falling
Find posts and stories that have something in common using this weighted list of phrases, where popularity is represented by size. Learn more...
Ads by Google
* Invest Your Money HereSafe High Yield Investment Program
Get High Profit & Commission Today.www.NewsMaxInvesting.com
* Make Money Online HereFair Investments!
Safe - Profitable Online Investmentwww.makeprofits24hrs.biz
* Mutual FundFind the Right Mutual Funds
2,000 Reports - Free 14 Day Trialwww.morningstar.com
* Bank IncomeMake money from home Business.
More money income at homewww.BankIncomes.com
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Thursday, October 16, 2008
OLDER AUSTRALIANS TOLD TO MOVE ON
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Older Australians told to move on
http://topnews.in/ older-australians-told-move-274413
Older Australians told to move on Submitted by Sahil Nagpal on Thu, 10/09/2008 - 03:22. Lifestyle Australia Sydney - Retired couple Lyn Gardiner and Rob Gay are selling their Melbourne home, buying a camper van and joining the tens of thousands of older Australians perpetually on tour in the wide brown land. It's a lifestyle change that warms the heart of sociologist Bruce Bradbury of the University of New South Wales in Sydney. His research shows that lots of pensioners have little money in the bank but are living in houses worth a fortune.
NOTE: BRADBURY IS A RESPECTED SOCIOLOGIST.
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Wednesday, October 15, 2008
ECONOMIC CRISIS CHANGES TONE OF RACE IN SIXTH DISTRICT
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Home | Politically Connected | National Politics | U.S. House
Economic crisis changes tone of race in Sixth District
Marlin Levison, Star Tribune
From left, Bob Anderson, Michele Bachmann and Elwyn Tinklenberg held an election debate on Oct. 1 at Stillwater City Hall.
Wall Street's meltdown and the government's bailout have become key in the three-way battle for the House.
By PAT DOYLE, Star Tribune
Last update: October 8, 2008 - 11:01 PM
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Bachmann has to go...
This is an easy one. If you think the direction our country is heading is the wrong direction, you need to vote for a change. Bachmann … read more has been a whacky pawn for the far right political agenda...and this is an agenda that has not worked. Our economy is in the tank, our status in the world is on the decline, and that's just the start. Moreover, Bachmann is so obsessed with pet social issues like legislating a definition of marriage that she hasn't gained any meaningful status in Congress. We deserve AND we need much, much better...party allegiance alone cannot justify a vote for Bachmann.
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Abortion, taxes and transportation have dominated recent campaigns for Congress in the suburbs, small towns and farms north of the Twin Cities.
But the political landscape changed in Minnesota's Sixth District when the financial crisis hit Wall Street and Washington. More than any other congressional race in the state, the showdown in the Sixth is offering voters stark choices on whom to blame for the crisis and what to do about it.
Rep. Michele Bachmann, a Republican, is telling voters that "hyper-regulation" by the federal government created a chain of events that caused bank failures and credit freezes. Bachmann voted against the massive rescue package that cleared Congress last week, slamming it as unfair to taxpayers.
Her Democratic challenger, Elwyn Tinklenberg, tells voters that lack of government regulation encouraged bankers to make reckless bets that brought on the crisis. He favored the bailout as a way to avert a more serious slowdown in middle America.
As the financial squeeze makes itself felt on Main Street, the candidates' contrasting positions on the bailout could determine the outcome of the race.
"People are very responsive to what the headlines are about," said Steven Smith, a professor of political science and expert on Congress at Washington University in St. Louis.
NOTE: STEVEN SMITH IS A WELL RESPECTED PERSONALITY IN WASHINGTON UNIVERSITY IN ST.LOUIS.
The Sixth sprawls across Washington, Anoka, Wright, Benton, Sherburne and Stearns counties. It has been reliably Republican in recent years but is expected to be competitive for Democrats in a year when Republicans around the nation are struggling.
Bachmann, who won the seat in 2006, had a voting record more conservative on economic, social and foreign policy issues than 89 percent of her colleagues last year, according to the National Journal's ideological scorecard of congressional members. She gets more money from abortion-opposition and gun-rights groups than all but nine other members of the House.
Democrats argue that Bachmann is too conservative even for this conservative district. That line didn't work in 2006 for Democrat Patty Wetterling, a child-welfare advocate whom Republicans labeled too liberal.
But Tinklenberg calls himself a moderate Democrat and touts endorsements from police and fire groups and good grades from the National Rifle Association, which nonetheless endorsed Bachmann. He considers himself a Blue Dog Democrat, a group of fiscally conservative Democrats in Congress that has endorsed him.
Another candidate, Bob Anderson of the Independence Party, entered the race to bring mental health insurance on par with other health coverage. Because the rescue bill includes such a provision, he is now focusing on prohibiting insurance companies from denying coverage for applicants with pre-existing conditions. He also stands apart from the others by his refusal to accept campaign contributions and his attack on Congress as a tool of special interests.
Still, the Independence Party endorsed Tinklenberg in the district, which voted heavily for Jesse Ventura when he ran under the party's banner for governor in 1998. Tinklenberg reminds people that he promoted the Hiawatha light-rail line and the future North Star commuter line while he was Ventura's transportation commissioner.
Transportation and oil
Transportation issues still loom large in the district, where traffic snarls and long commutes are common.
"If I had something to do downtown, I'd take the line," Patti Trott said of the North Star rail line after talking with Tinklenberg in a restaurant in Elk River, which will have a commuter station. But her husband, Karl, wanted more money spent on roads, explaining, "our priorities are out of whack."
While Bachmann has denounced the use of federal earmarks for funding local projects, Elk River city administrator Lori Johnson told her during a recent visit that the city needs all the help it can get to fix roads to ease congestion.
"We don't want to be left behind if there are earmarks, and that's the way the game is played," Johnson said.
As gasoline prices spiked this summer, both Bachmann and Tinklenberg advocated more off-shore drilling and alternative sources of energy. But they differ sharply on emphasis.
Bachmann stresses lifting federal restrictions on oil drilling. "We sit on the answer to our own problem," she said at a recent debate. "We have more oil in the United States than all of Saudi Arabia, and that's just in Colorado, Utah and Wyoming in the form of shale oil."
Tinklenberg replied, "We need to be exploring more domestically ... but we also need to move aggressively in both the areas of conservation and the areas of alternatives."
He favors increasing automobile fuel efficiency standards, while Bachmann voted last year against a measure that raised them.
NOTE: BACHMANN WON THE SEAT HOUSE LAST 2006.
On another key issue, health care, Bachmann wants to make insurance premiums and other medical expenses tax-deductible for individuals to make it easier for consumers to buy health insurance. Tinklenberg favors offering the option of government-sponsored health insurance as a competitively priced alternative to private insurance plans to achieve universal health coverage.
During her freshman term, Bachmann sometimes made news with remarks that raised eyebrows.
This summer she said expanded oil drilling and other measures would bring "immediate and lasting relief" and cut gas prices to $2 a gallon. The U.S. Energy Information Administration said it's unlikely those steps would significantly reduce gas prices any time soon.
Shortly after taking office in 2007, Bachmann told the St. Cloud Times that Iran planned to partition Iraq and turn part of it into a terrorist training ground. Her office later said her remarks were "misconstrued."
"The only reason this district would ever be in play is Michele Bachmann herself," said David Wasserman, the editor in charge of assessing House races for the nonpartisan Cook Political Report in Washington. "She's a lightning rod in Minnesota politics. To the extent that Elwyn Tinklenberg is competitive, he's attracting some moderate Republican votes that's necessary to win this district."
Through mid-August Bachmann had $1.4 million in campaign contributions on hand. Tinklenberg had $200,000. Wetterling had four times as much cash at this point in her losing 2006 race.
Unless the party, union allies or others pump money into the race in the final weeks, Tinklenberg won't be able to afford many, if any, TV ads to counter a likely Bachmann ad blitz. She also has frequently appeared on "Larry King Live" to discuss national issues such as drilling or the financial rescue package.
About the bailout
Bachmann says the $700 billion bailout was unnecessary. She blames federal regulations for making it easier for people to obtain loans they couldn't repay, and she says the crisis could be overcome in part by changing accounting rules.
Tinklenberg labels her remedy "pretend accounting" and defends the package as needed to prevent credit from drying up in communities throughout the nation. He said significant oversight and curbs on executive compensation made the final package more palatable than its earlier version.
In talking with voters, he has been pointing out that Bachmann sits on the House Financial Services Committee that oversees the financial industry. She received more contributions from finance, insurance and real estate interests than any Congress member from Minnesota.
Wasserman said Bachmann needed "to be careful to ... avoid being seen as too corporate."
Smith said Bachmann's no vote on the bailout can be easily justified to constituents.
"The conservatives don't like big government and the liberals don't like bailing out fat cats," he said. "People in the middle just don't like the idea of giving away money."
But Tinklenberg can use his support of the package to define himself.
"There are signs that working-class individuals are finding their credit options disappearing," Smith said. "He's trying to show that he's a middle of the road politician who takes a pragmatic view of the problems facing the country."
Pat Doyle • 651-222-1210
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BUCKLAW - WE MEET AGAIN YOU POLITICAL HACK
So you haven't woke up yet? As I was writing my last rant - I noticed an ad running on the right side of the web page for an upcoming movie - something called "Mikey and Mylie make a porno movie" You see BUCKLAW we're all in this giant pot of water and you and I are frogs. (Can you picture that - are you with me?) and you know what happens next? Yes - the heat has been turned on under the pot and I have already jumped out of that pot. You BUCKLAW have decided to stay in the pot and continue towards your union with Winston Smith. I ask you: which flavor of Koolaid do you prefer to drink when your party boss passes the party favors? Lemon Lime perhaps? Grape? or maybe my favorite: Pickle Chocolate cherry.
posted by paulsworkshop on Oct 8, 08 at 10:44 pm |
0 of 6 people liked this comment.
Good God
Why are Republicans like paulsworkshop so rabid? Talk about fanatical. Blown up any abortion clinics lately? Paul go back to the workshop and close the door and stay there please. You're an embarassment even to the right. You seem fond of koolaid and pin the tail on the donkey, perhaps you just need some tail. Sleep tight knowing the Democrats will be in complete control of the House of Representatives, the Senate and we'll have a Democrat President. Good times are a coming and Palin will be back in Alaska "shootin" moose in a matter of weeks. Night night!
posted by Mplsuptown1 on Oct 8, 08 at 10:58 pm |
3 of 3 people liked this comment.
Michele Bachmann
I really cannot believe that anyone will vote for Mrs. Bachmann. While I have no doubt that she is a nice woman, she is an embarassment in the house. Her legislation (freedom to choose lightbulbs?), her behavior(the President is not a rockstar) and her take on the economy (too much regulation?) all add up to Mrs. Bachmann being a horrible representative. Unfortunately, my district is a yellow dog republican district and it is too late to get a yellow dog on the ballot......... Please vote for Tinklenburg!!
posted by kpersson8 on Oct 8, 08 at 11:00 pm |
8 of 9 people liked this comment.
You jumped from the pot and into the fire before you could make your point, Paul...
And that is the problem with the conservative side of political debate this election. Please tell us WHY we should put up with another four years of mismanagement and policies that have lead this country on a decline. What is it about an opportunity for correcting our direction as a country that has the right so angry? All people need to do is be semi-conscious and they'll see that things are not going well for Americans today. Can anybody disagree with that? Would you keep promoting the same ideas and strategies that have lead to where we are today if we wanted to change it for something better tomorrow?
posted by Bucklaw on Oct 8, 08 at 11:20 pm |
4 of 4 people liked this comment.
Most absurd comment of the night
Michelle Bachmann should be our next president? Oh my, oh my, oh my. That is a scary thought. Right up there with the terror of Sarah Palin possibly stepping into that spot. @@ I'm not sure what Svengali-like attraction this nutcase holds for her followers, but for the rest of us she is a true humiliation. Bachmann does have a national reputation. I have friends all over the country who look up her comments online just for laughs, sort of like they'd read a comic book. To paraphrase an ad regarding another Republican that I hear people quote everywhere I go these days, Michelle's gotta go.
posted by smccl001 on Oct 8, 08 at 11:38 pm |
3 of 3 people liked this comment.
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Campaign finance information through Aug 20, 2008
District 1 Total raised
Brian Davis, R
$614,193
Gregory Mikkelson, I
$0
Timothy Walz, D*
$2,047,132
$2,661,325
District 2 Total raised
John Kline, R*
$1,086,518
Stephen Sarvi, D
$261,861
$1,348,379
District 3 Total raised
David Dillon, I
$47,663
Ashwin Madia, D
$1,053,490
Erik Paulsen, R
$1,396,652
$2,497,805
District 4 Total raised
Edward Matthews, R
$32,100
Betty McCollum, D*
$487,304
$519,404
District 5 Total raised
Keith Ellison, D*
$952,026
Gregg Iverson, I
$0
Barbara White, R
$32,394
$984,420
District 6 Total raised
Bob Anderson, I
$0
Michele Bachmann, R*
$1,925,499
Elwin Tinklenberg, D
$533,260
$2,458,759
District 7 Total raised
Glen Menze, R
$2,621
Collin Peterson, D*
$829,221
$831,842
District 8 Total raised
Michael Cummins, R
$0
James Oberstar, D*
$1,635,075
$1,635,075
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Home | Politically Connected | National Politics | U.S. House
Economic crisis changes tone of race in Sixth District
Marlin Levison, Star Tribune
From left, Bob Anderson, Michele Bachmann and Elwyn Tinklenberg held an election debate on Oct. 1 at Stillwater City Hall.
Wall Street's meltdown and the government's bailout have become key in the three-way battle for the House.
By PAT DOYLE, Star Tribune
Last update: October 8, 2008 - 11:01 PM
Featured comment
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Bachmann has to go...
This is an easy one. If you think the direction our country is heading is the wrong direction, you need to vote for a change. Bachmann … read more has been a whacky pawn for the far right political agenda...and this is an agenda that has not worked. Our economy is in the tank, our status in the world is on the decline, and that's just the start. Moreover, Bachmann is so obsessed with pet social issues like legislating a definition of marriage that she hasn't gained any meaningful status in Congress. We deserve AND we need much, much better...party allegiance alone cannot justify a vote for Bachmann.
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Abortion, taxes and transportation have dominated recent campaigns for Congress in the suburbs, small towns and farms north of the Twin Cities.
But the political landscape changed in Minnesota's Sixth District when the financial crisis hit Wall Street and Washington. More than any other congressional race in the state, the showdown in the Sixth is offering voters stark choices on whom to blame for the crisis and what to do about it.
Rep. Michele Bachmann, a Republican, is telling voters that "hyper-regulation" by the federal government created a chain of events that caused bank failures and credit freezes. Bachmann voted against the massive rescue package that cleared Congress last week, slamming it as unfair to taxpayers.
Her Democratic challenger, Elwyn Tinklenberg, tells voters that lack of government regulation encouraged bankers to make reckless bets that brought on the crisis. He favored the bailout as a way to avert a more serious slowdown in middle America.
As the financial squeeze makes itself felt on Main Street, the candidates' contrasting positions on the bailout could determine the outcome of the race.
"People are very responsive to what the headlines are about," said Steven Smith, a professor of political science and expert on Congress at Washington University in St. Louis.
NOTE: STEVEN SMITH IS A WELL RESPECTED PERSONALITY IN WASHINGTON UNIVERSITY IN ST.LOUIS.
The Sixth sprawls across Washington, Anoka, Wright, Benton, Sherburne and Stearns counties. It has been reliably Republican in recent years but is expected to be competitive for Democrats in a year when Republicans around the nation are struggling.
Bachmann, who won the seat in 2006, had a voting record more conservative on economic, social and foreign policy issues than 89 percent of her colleagues last year, according to the National Journal's ideological scorecard of congressional members. She gets more money from abortion-opposition and gun-rights groups than all but nine other members of the House.
Democrats argue that Bachmann is too conservative even for this conservative district. That line didn't work in 2006 for Democrat Patty Wetterling, a child-welfare advocate whom Republicans labeled too liberal.
But Tinklenberg calls himself a moderate Democrat and touts endorsements from police and fire groups and good grades from the National Rifle Association, which nonetheless endorsed Bachmann. He considers himself a Blue Dog Democrat, a group of fiscally conservative Democrats in Congress that has endorsed him.
Another candidate, Bob Anderson of the Independence Party, entered the race to bring mental health insurance on par with other health coverage. Because the rescue bill includes such a provision, he is now focusing on prohibiting insurance companies from denying coverage for applicants with pre-existing conditions. He also stands apart from the others by his refusal to accept campaign contributions and his attack on Congress as a tool of special interests.
Still, the Independence Party endorsed Tinklenberg in the district, which voted heavily for Jesse Ventura when he ran under the party's banner for governor in 1998. Tinklenberg reminds people that he promoted the Hiawatha light-rail line and the future North Star commuter line while he was Ventura's transportation commissioner.
Transportation and oil
Transportation issues still loom large in the district, where traffic snarls and long commutes are common.
"If I had something to do downtown, I'd take the line," Patti Trott said of the North Star rail line after talking with Tinklenberg in a restaurant in Elk River, which will have a commuter station. But her husband, Karl, wanted more money spent on roads, explaining, "our priorities are out of whack."
While Bachmann has denounced the use of federal earmarks for funding local projects, Elk River city administrator Lori Johnson told her during a recent visit that the city needs all the help it can get to fix roads to ease congestion.
"We don't want to be left behind if there are earmarks, and that's the way the game is played," Johnson said.
As gasoline prices spiked this summer, both Bachmann and Tinklenberg advocated more off-shore drilling and alternative sources of energy. But they differ sharply on emphasis.
Bachmann stresses lifting federal restrictions on oil drilling. "We sit on the answer to our own problem," she said at a recent debate. "We have more oil in the United States than all of Saudi Arabia, and that's just in Colorado, Utah and Wyoming in the form of shale oil."
Tinklenberg replied, "We need to be exploring more domestically ... but we also need to move aggressively in both the areas of conservation and the areas of alternatives."
He favors increasing automobile fuel efficiency standards, while Bachmann voted last year against a measure that raised them.
NOTE: BACHMANN WON THE SEAT HOUSE LAST 2006.
On another key issue, health care, Bachmann wants to make insurance premiums and other medical expenses tax-deductible for individuals to make it easier for consumers to buy health insurance. Tinklenberg favors offering the option of government-sponsored health insurance as a competitively priced alternative to private insurance plans to achieve universal health coverage.
During her freshman term, Bachmann sometimes made news with remarks that raised eyebrows.
This summer she said expanded oil drilling and other measures would bring "immediate and lasting relief" and cut gas prices to $2 a gallon. The U.S. Energy Information Administration said it's unlikely those steps would significantly reduce gas prices any time soon.
Shortly after taking office in 2007, Bachmann told the St. Cloud Times that Iran planned to partition Iraq and turn part of it into a terrorist training ground. Her office later said her remarks were "misconstrued."
"The only reason this district would ever be in play is Michele Bachmann herself," said David Wasserman, the editor in charge of assessing House races for the nonpartisan Cook Political Report in Washington. "She's a lightning rod in Minnesota politics. To the extent that Elwyn Tinklenberg is competitive, he's attracting some moderate Republican votes that's necessary to win this district."
Through mid-August Bachmann had $1.4 million in campaign contributions on hand. Tinklenberg had $200,000. Wetterling had four times as much cash at this point in her losing 2006 race.
Unless the party, union allies or others pump money into the race in the final weeks, Tinklenberg won't be able to afford many, if any, TV ads to counter a likely Bachmann ad blitz. She also has frequently appeared on "Larry King Live" to discuss national issues such as drilling or the financial rescue package.
About the bailout
Bachmann says the $700 billion bailout was unnecessary. She blames federal regulations for making it easier for people to obtain loans they couldn't repay, and she says the crisis could be overcome in part by changing accounting rules.
Tinklenberg labels her remedy "pretend accounting" and defends the package as needed to prevent credit from drying up in communities throughout the nation. He said significant oversight and curbs on executive compensation made the final package more palatable than its earlier version.
In talking with voters, he has been pointing out that Bachmann sits on the House Financial Services Committee that oversees the financial industry. She received more contributions from finance, insurance and real estate interests than any Congress member from Minnesota.
Wasserman said Bachmann needed "to be careful to ... avoid being seen as too corporate."
Smith said Bachmann's no vote on the bailout can be easily justified to constituents.
"The conservatives don't like big government and the liberals don't like bailing out fat cats," he said. "People in the middle just don't like the idea of giving away money."
But Tinklenberg can use his support of the package to define himself.
"There are signs that working-class individuals are finding their credit options disappearing," Smith said. "He's trying to show that he's a middle of the road politician who takes a pragmatic view of the problems facing the country."
Pat Doyle • 651-222-1210
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BUCKLAW - WE MEET AGAIN YOU POLITICAL HACK
So you haven't woke up yet? As I was writing my last rant - I noticed an ad running on the right side of the web page for an upcoming movie - something called "Mikey and Mylie make a porno movie" You see BUCKLAW we're all in this giant pot of water and you and I are frogs. (Can you picture that - are you with me?) and you know what happens next? Yes - the heat has been turned on under the pot and I have already jumped out of that pot. You BUCKLAW have decided to stay in the pot and continue towards your union with Winston Smith. I ask you: which flavor of Koolaid do you prefer to drink when your party boss passes the party favors? Lemon Lime perhaps? Grape? or maybe my favorite: Pickle Chocolate cherry.
posted by paulsworkshop on Oct 8, 08 at 10:44 pm |
0 of 6 people liked this comment.
Good God
Why are Republicans like paulsworkshop so rabid? Talk about fanatical. Blown up any abortion clinics lately? Paul go back to the workshop and close the door and stay there please. You're an embarassment even to the right. You seem fond of koolaid and pin the tail on the donkey, perhaps you just need some tail. Sleep tight knowing the Democrats will be in complete control of the House of Representatives, the Senate and we'll have a Democrat President. Good times are a coming and Palin will be back in Alaska "shootin" moose in a matter of weeks. Night night!
posted by Mplsuptown1 on Oct 8, 08 at 10:58 pm |
3 of 3 people liked this comment.
Michele Bachmann
I really cannot believe that anyone will vote for Mrs. Bachmann. While I have no doubt that she is a nice woman, she is an embarassment in the house. Her legislation (freedom to choose lightbulbs?), her behavior(the President is not a rockstar) and her take on the economy (too much regulation?) all add up to Mrs. Bachmann being a horrible representative. Unfortunately, my district is a yellow dog republican district and it is too late to get a yellow dog on the ballot......... Please vote for Tinklenburg!!
posted by kpersson8 on Oct 8, 08 at 11:00 pm |
8 of 9 people liked this comment.
You jumped from the pot and into the fire before you could make your point, Paul...
And that is the problem with the conservative side of political debate this election. Please tell us WHY we should put up with another four years of mismanagement and policies that have lead this country on a decline. What is it about an opportunity for correcting our direction as a country that has the right so angry? All people need to do is be semi-conscious and they'll see that things are not going well for Americans today. Can anybody disagree with that? Would you keep promoting the same ideas and strategies that have lead to where we are today if we wanted to change it for something better tomorrow?
posted by Bucklaw on Oct 8, 08 at 11:20 pm |
4 of 4 people liked this comment.
Most absurd comment of the night
Michelle Bachmann should be our next president? Oh my, oh my, oh my. That is a scary thought. Right up there with the terror of Sarah Palin possibly stepping into that spot. @@ I'm not sure what Svengali-like attraction this nutcase holds for her followers, but for the rest of us she is a true humiliation. Bachmann does have a national reputation. I have friends all over the country who look up her comments online just for laughs, sort of like they'd read a comic book. To paraphrase an ad regarding another Republican that I hear people quote everywhere I go these days, Michelle's gotta go.
posted by smccl001 on Oct 8, 08 at 11:38 pm |
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Campaign finance information through Aug 20, 2008
District 1 Total raised
Brian Davis, R
$614,193
Gregory Mikkelson, I
$0
Timothy Walz, D*
$2,047,132
$2,661,325
District 2 Total raised
John Kline, R*
$1,086,518
Stephen Sarvi, D
$261,861
$1,348,379
District 3 Total raised
David Dillon, I
$47,663
Ashwin Madia, D
$1,053,490
Erik Paulsen, R
$1,396,652
$2,497,805
District 4 Total raised
Edward Matthews, R
$32,100
Betty McCollum, D*
$487,304
$519,404
District 5 Total raised
Keith Ellison, D*
$952,026
Gregg Iverson, I
$0
Barbara White, R
$32,394
$984,420
District 6 Total raised
Bob Anderson, I
$0
Michele Bachmann, R*
$1,925,499
Elwin Tinklenberg, D
$533,260
$2,458,759
District 7 Total raised
Glen Menze, R
$2,621
Collin Peterson, D*
$829,221
$831,842
District 8 Total raised
Michael Cummins, R
$0
James Oberstar, D*
$1,635,075
$1,635,075
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HINDUSTAN OIL EXPLORATION LIMITED ANNUAL REPORT 2007-2008 DIRECTORS' REPORT TO THE MEMBERS OF HINDUSTAN OIL EXPLORATION COMPANY LIMITED Your Directors have pleasure in placing before you the 24th Annual Report and Audited Statement of Accounts for the year ended March 31, 2008. FINANCIAL HIGHLIGHTS: (Rs.
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A large number of economists were quick to express their dislike of the Paulson plan and have been vociferous in urging Congress to not be stampeded by the administration but to use this opportunity to put back into place some of the regulations that were dismantled over the last three decades.
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HINDUSTAN OIL EXPLORATION LIMITED ANNUAL REPORT 2007-2008 DIRECTORS' REPORT TO THE MEMBERS OF HINDUSTAN OIL EXPLORATION COMPANY LIMITED Your Directors have pleasure in placing before you the 24th Annual Report and Audited Statement of Accounts for the year ended March 31, 2008. FINANCIAL HIGHLIGHTS: (Rs.
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POLARIS SOFTWARE LAB LIMITED ANNUAL REPORT 2007-2008 DIRECTOR'S REPORT To the Members, ... (including other income) before Depreciation,Finance Charges, provision for diminution in value ofinvestments and Tax 10,478 13,790Less:Finance
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A large number of economists were quick to express their dislike of the Paulson plan and have been vociferous in urging Congress to not be stampeded by the administration but to use this opportunity to put back into place some of the regulations that were dismantled over the last three decades.
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Monday, October 13, 2008
REACTIONS TO STORY FROM GREGORY HAS BEEN A BIG BROTHER TO YEAR OLD FERNANDINA BEACH HIGH SCHOOL JUNIOR GREGORY WATERS FOR ALMOST FIVE YEARS
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Reactions to story from Gregory has been a Big Brother to year old Fernandina Beach High School junior Gregory Waters for almost five years.
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By Fred Goodall AP Sports Writer By his own Sarai perez Tampa Bay by rickj More than injured as Qantas jet hits Monster of adrianna. Alcoa CEO Credit Crisis Starting To Hurt Construction Market. Video American Shares Nobel Prize in Physics. One day after having to bow out of competing on the seventh season of Dancing With the Stars, Misty May Treanor had surgery Tuesday morning to repair a torn Achilles tendon. Insurance Exchange Is a Good Idea. You Don't Have to Be Rich to cheap drugs. I was very pleased by the way we played. Thank you for the abuse report. Fennville, Bloomingdale The Blackhawks beat the Cardinals,, and.
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By Fred Goodall AP Sports Writer By his own Sarai perez Tampa Bay
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By Fred Goodall AP Sports Writer By his own Sarai perez Tampa Bay by rickj More than injured as Qantas jet hits Monster of adrianna. Alcoa CEO Credit Crisis Starting To Hurt Construction Market. Video American Shares Nobel Prize in Physics. One day after having to bow out of competing on the seventh season of Dancing With the Stars, Misty May Treanor had surgery Tuesday morning to repair a torn Achilles tendon. Insurance Exchange Is a Good Idea. You Don't Have to Be Rich to cheap drugs. I was very pleased by the way we played. Thank you for the abuse report. Fennville, Bloomingdale The Blackhawks beat the Cardinals,, and.
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Sunday, October 12, 2008
BRAZIL, ARGENTINA ABANDON U.S. DOLLAR
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Brazil, Argentina abandon US dollar
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Brazil and Argentina have launched a new payment system in their bilateral trade, doing away with the US dollar as a medium of exchange. The two Latin American nations started the Payment System on Local Currency (SML) on Monday following a last month agreement inked by their presidents to use local currencies in a bid to end transaction in dollars. On Thursday, Argentine Central Bank President Martin Redrado and his Brazilian counterpart Henrique de Campos Meirelles signed the enforcement of the agreement for the SML, under which exports and imports between the two countries will take place with the Brazilian real (BRL) and the Argentine peso (ARS).
NOTE: BRAZIL AND ARGENTINA ARE LATIN AMERICAN NATIONS.
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Reactions to story from Aotearoa: a wider perspective
Brazil, Argentina abandon US dollar
http://aotearoaawiderperspective.wordpress.com/ 2008/ 10/ 09/ brazil-argentina-aband...
Brazil and Argentina have launched a new payment system in their bilateral trade, doing away with the US dollar as a medium of exchange. The two Latin American nations started the Payment System on Local Currency (SML) on Monday following a last month agreement inked by their presidents to use local currencies in a bid to end transaction in dollars. On Thursday, Argentine Central Bank President Martin Redrado and his Brazilian counterpart Henrique de Campos Meirelles signed the enforcement of the agreement for the SML, under which exports and imports between the two countries will take place with the Brazilian real (BRL) and the Argentine peso (ARS).
NOTE: BRAZIL AND ARGENTINA ARE LATIN AMERICAN NATIONS.
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Saturday, October 11, 2008
COCA COLA BEARISH ENGULFING PUT OPTIONS OPPORTUNITY
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Coca Cola Bearish Engulfing Put Options Opportunity
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On Friday, October 3 2008, as the Dow Jones erased all 300 point advance it recorded just as the House vote got underway shortly after the midpoint of the trading session moments following the vote in the House of Representatives to pass the credit market bailout. Coca Cola (KO) was spotted a bearish engulfing candlestick formation after Friday's close. The long tail characteristic of the candlestick couple with strong resistance at 55 levels, further strengthen the possible bearish reversal. With most of the analysts still recommending a strong buy; it leaves plenty of room for a downgrade.
NOTE: COCA COLA IS A WELL RESPECTED COMPANY IN THE BEVERAGE INDUSTRY.
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Reactions to story from Option Trading tips | Technical Analysis, System Trading & Psychology | Street Smart Options Trading
Coca Cola Bearish Engulfing Put Options Opportunity
http://streetsmartoptions.com/ coca-cola-bearish-engulfing-put-options-opportunit...
On Friday, October 3 2008, as the Dow Jones erased all 300 point advance it recorded just as the House vote got underway shortly after the midpoint of the trading session moments following the vote in the House of Representatives to pass the credit market bailout. Coca Cola (KO) was spotted a bearish engulfing candlestick formation after Friday's close. The long tail characteristic of the candlestick couple with strong resistance at 55 levels, further strengthen the possible bearish reversal. With most of the analysts still recommending a strong buy; it leaves plenty of room for a downgrade.
NOTE: COCA COLA IS A WELL RESPECTED COMPANY IN THE BEVERAGE INDUSTRY.
12 minutes ago
Tagged:
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* Chart Patterns,
* Japanese Candlesticks,
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Friday, October 10, 2008
DOW JONES DOWN, NASDAQ IN RED, GLOBAL LOSSES CONTINUE
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Dow Jones down, NASDAQ in red, global losses continue
CNN-IBN
TimePublished on Thu, Oct 09, 2008 at 09:13 in Business section
TagsTags: US Economic Crisis, Sub-prime Loans , New Delhi
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US, EU markets have been facing the heat of the global meltdown
US, EU markets have been facing the heat of the global meltdown
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* Bush defends AIG bailout, US markets climb
* US, EU markets tumble: Bailout to 'take a while'
* Weak dollar pulls down US, European markets
Keywords: Bailout, Ftse
New Delhi: The American and European markets are still taking a beating, though slashed interest rates did stem the damage a little.
As stock markets are traumatized by cascading losses and the collapse of some of the oldest names in banking, markets across the world took only mild comfort.
NOTE: AIG WAS RECENTLY REPORTED WHO HAD A MAJOR LOSS WHICH AFFECTED MANY.
Investors and the common man alike, want to know what more policy-makers can do and whether more cuts will follow from each country's central banks.
Even as the group of seven finance ministers and central bankers are meeting in Washington to stem the worst credit crisis since the Great Depression, markets have shown little recovery.
Dow Jones is still below 10,000, down by two per cent. It had lost 800 points on Tuesday, going below 10,000 for the first time in four years.
The Standard & Poor's 500 Index was down by 1.13 per cent, extending the worst weekly slump since 2001. This has come as a setback, right after the indices had touched a five year low..
The NASDAQ too ended in the red at just over 1,740 points. Wall Street's drop was part of a breakneck global sell-off that witnessed stocks plunging and led to trading being halted in Russia, Brazil and Peru.
European markets also saw a major selling spree. London's FTSE 100 was down 5.18 per cent, with banking and commodity stocks taking a battering.
CNN correspondent in New York, Carter Evans has been closely watching the movements in the market indices. He spoke about the co-coordinated effort of Central Banks cutting rates. Analysts have been hoping that this will bring the much needed relief or is the financial crisis which has now been spreading almost like a Tsunami.
"There is a huge amount of concern and people do not know what to expect. Lot of investor confidence is lost and a lot of people were happy that the stocks had gone up. Then just before the markets opened, they went down. Within 10 minutes they rallied again and went down again, showing how volatile the situation can be," said Evans.
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Dow Jones down, NASDAQ in red, global losses continue
CNN-IBN
TimePublished on Thu, Oct 09, 2008 at 09:13 in Business section
TagsTags: US Economic Crisis, Sub-prime Loans , New Delhi
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US, EU markets have been facing the heat of the global meltdown
US, EU markets have been facing the heat of the global meltdown
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* Bush defends AIG bailout, US markets climb
* US, EU markets tumble: Bailout to 'take a while'
* Weak dollar pulls down US, European markets
Keywords: Bailout, Ftse
New Delhi: The American and European markets are still taking a beating, though slashed interest rates did stem the damage a little.
As stock markets are traumatized by cascading losses and the collapse of some of the oldest names in banking, markets across the world took only mild comfort.
NOTE: AIG WAS RECENTLY REPORTED WHO HAD A MAJOR LOSS WHICH AFFECTED MANY.
Investors and the common man alike, want to know what more policy-makers can do and whether more cuts will follow from each country's central banks.
Even as the group of seven finance ministers and central bankers are meeting in Washington to stem the worst credit crisis since the Great Depression, markets have shown little recovery.
Dow Jones is still below 10,000, down by two per cent. It had lost 800 points on Tuesday, going below 10,000 for the first time in four years.
The Standard & Poor's 500 Index was down by 1.13 per cent, extending the worst weekly slump since 2001. This has come as a setback, right after the indices had touched a five year low..
The NASDAQ too ended in the red at just over 1,740 points. Wall Street's drop was part of a breakneck global sell-off that witnessed stocks plunging and led to trading being halted in Russia, Brazil and Peru.
European markets also saw a major selling spree. London's FTSE 100 was down 5.18 per cent, with banking and commodity stocks taking a battering.
CNN correspondent in New York, Carter Evans has been closely watching the movements in the market indices. He spoke about the co-coordinated effort of Central Banks cutting rates. Analysts have been hoping that this will bring the much needed relief or is the financial crisis which has now been spreading almost like a Tsunami.
"There is a huge amount of concern and people do not know what to expect. Lot of investor confidence is lost and a lot of people were happy that the stocks had gone up. Then just before the markets opened, they went down. Within 10 minutes they rallied again and went down again, showing how volatile the situation can be," said Evans.
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Thursday, October 9, 2008
9,548 RESULTS FOR STOCKMARKET
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$featuredPost->firstImage->title
Worden's T2116: Another Indicator That's Off the Charts
http://tradermike.net/ 2008/ 10/ wordens_t2116_another_indicator_thats_off_the_c…
I was just asked to take a look at another Worden indicator, T2116 — Percentage of stocks trading 2 channels below their 40-day moving average: What with all the sentiment, breadth, volatility measures out of whack and seemingly in uncharted territory thus making their previous reliability skewed, ...
12 hours ago by tradermike in Trader Mike
Tags:
* stockmarket,
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1. Photo of strudy
Changes in substantial shareholdings.
http://asxnewbie.com/ changes-in-substantial-shareholdings-29/
A list of companies to record an initial or increase in substantial shareholdings: * Shell CSG Australia Pty Ltd became a substantial holder in Pure Energy Resources Ltd on October 7 with 13.9 million shares (14.9pc).
19 minutes ago by strudy in ASX Newbie · Authority: 61
2. Photo of AussieDailyReckoning
Stocks in a Free-Fall
http://www.dailyreckoning.com.au/ stocks-in-free-fall/ 2008/ 10/ 09/
It's the end of the world as we know it - and we feel fine. Really. Usually, markets stumble along, day after day. But occasionally, their hearts start racing and their palms sweat. They stop sleeping at night and begin pacing the room.
45 minutes ago by AussieDailyReckoning in The Daily Reckoning Australia · Authority: 178
3. Photo of FineMetalz
Ex-AIG CEOs Skip House Hearing On Bailout Crisis
http://finegoldsilver.com/ information/ ex-aig-ceos-skip-house-hearing-on-bailou…
The government's rescue of American International Group Inc. last month is getting a critical eye from lawmakers examining the chain of events that forced a $700 billion bailout of the financial industry.
ago by FineMetalz in Fine Gold Silver Coins Information Education Evaluation Investment · Authority: 25
4. Photo of chessnoid
Stock market fear
http://www.totalnoid.com/ 2008/ 10/ 08/ stock-market-fear/
It feels like we are in a bad movie that just won't end and you can't get up to walk out because the doors are locked. Last week we had the $700 billion fraud bailout with $150 billion added on top of that just to show American taxpayers how generous we are with our tax money being given to the wealthy.
NOTE: DRASTIC EFFECT ON THE DROP OF STOCKMARKET.
1 hour ago by chessnoid in CHESSNOID · Authority: 22
5. Photo of strudy
Markets All Over The Place.
http://asxnewbie.com/ markets-all-over-the-place/
A bad day for shares again.But did we see a steadying emerge in late US trading? After bouncing all over the place and mostly in the red, the US markets looked like closing with a small gain, but anther late burst of selling saw the major indexes end off up to 2% or so.
1 hour ago by strudy in ASX Newbie · Authority: 61
6. No one has claimed this blog
UPDATE 1-US Treasury considering taking stakes in banks-NYT
http://todaysharemarkettips.in/ update-1-us-treasury-considering-taking-stakes-i…
The U.S. Treasury Department is considering taking ownership stakes in many U.S. banks in a bid to restore confidence in the badly shaken financial system, the New York Times said. The moves would come after Treasury has had little succcess in unlocking frozen credit markets, The Times said on
1 hour ago in Today Share Market Tips . in · Authority: 20
7. Photo of strudy
CBA's Great Deal.
http://asxnewbie.com/ cba%e2%80%99s-great-deal/
The Commonwealth Bank is now too big to fail now, if ever we ever needed it confirmed The CBA is buying the Australian assets of struggling UK lender, HBOS at a knockdown cost of $A2.1 billion, and raising $2 billion in fresh capital from the market and shareholders.
2 hours ago by strudy in ASX Newbie · Authority: 61
8. Photo of strudy
Steer Clear of Nickel - Further Falls Ahead.
http://asxnewbie.com/ steer-clear-of-nickle-further-falls-ahead/
As the stainless steel industry demand is slowing around the world, Nickel is the worst performer among the collapse of the commodities markets. Indeed, the giant credit crisis added to the global economic slowdown and also to the recovery of the US Dollar weigh strongly on the industrial demand side.
2 hours ago by strudy in ASX Newbie · Authority: 61
9. No one has claimed this blog
Your Black Scholar: Beyond $700 Billion
http://blackbloggers.wordpress.com/ 2008/ 10/ 09/ your-black-scholar-beyond-700-…
Beyond $700 Billion By: Lloyd Wynn Imagine a patient visiting her physician for an annual checkup and is informed she has cancer. While in her physician's office, she has a heart attack and now the physician must attend to the patient's immediate health concern (the heart attack).
2 hours ago in Black Bloggers, Black Writers · Authority: 38
10. Photo of micktechno
How To Know When To Sell Your Stocks
http://www.announced.us/ finance/ sell-stocks/
How To Know When To Sell Your Stocks Filed under: Business, Finance, Stock Market While quite a bit of time and research goes into selecting stocks, it is often hard to know when to pull out – especially for first time investors.
2 hours ago by micktechno in Announced Articles & Press Releases · Authority: 83
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From the Finance channel »
$featuredPost->firstImage->title
Worden's T2116: Another Indicator That's Off the Charts
http://tradermike.net/ 2008/ 10/ wordens_t2116_another_indicator_thats_off_the_c…
I was just asked to take a look at another Worden indicator, T2116 — Percentage of stocks trading 2 channels below their 40-day moving average: What with all the sentiment, breadth, volatility measures out of whack and seemingly in uncharted territory thus making their previous reliability skewed, ...
12 hours ago by tradermike in Trader Mike
Tags:
* stockmarket,
* indicators,
* stock market
1. Photo of strudy
Changes in substantial shareholdings.
http://asxnewbie.com/ changes-in-substantial-shareholdings-29/
A list of companies to record an initial or increase in substantial shareholdings: * Shell CSG Australia Pty Ltd became a substantial holder in Pure Energy Resources Ltd on October 7 with 13.9 million shares (14.9pc).
19 minutes ago by strudy in ASX Newbie · Authority: 61
2. Photo of AussieDailyReckoning
Stocks in a Free-Fall
http://www.dailyreckoning.com.au/ stocks-in-free-fall/ 2008/ 10/ 09/
It's the end of the world as we know it - and we feel fine. Really. Usually, markets stumble along, day after day. But occasionally, their hearts start racing and their palms sweat. They stop sleeping at night and begin pacing the room.
45 minutes ago by AussieDailyReckoning in The Daily Reckoning Australia · Authority: 178
3. Photo of FineMetalz
Ex-AIG CEOs Skip House Hearing On Bailout Crisis
http://finegoldsilver.com/ information/ ex-aig-ceos-skip-house-hearing-on-bailou…
The government's rescue of American International Group Inc. last month is getting a critical eye from lawmakers examining the chain of events that forced a $700 billion bailout of the financial industry.
ago by FineMetalz in Fine Gold Silver Coins Information Education Evaluation Investment · Authority: 25
4. Photo of chessnoid
Stock market fear
http://www.totalnoid.com/ 2008/ 10/ 08/ stock-market-fear/
It feels like we are in a bad movie that just won't end and you can't get up to walk out because the doors are locked. Last week we had the $700 billion fraud bailout with $150 billion added on top of that just to show American taxpayers how generous we are with our tax money being given to the wealthy.
NOTE: DRASTIC EFFECT ON THE DROP OF STOCKMARKET.
1 hour ago by chessnoid in CHESSNOID · Authority: 22
5. Photo of strudy
Markets All Over The Place.
http://asxnewbie.com/ markets-all-over-the-place/
A bad day for shares again.But did we see a steadying emerge in late US trading? After bouncing all over the place and mostly in the red, the US markets looked like closing with a small gain, but anther late burst of selling saw the major indexes end off up to 2% or so.
1 hour ago by strudy in ASX Newbie · Authority: 61
6. No one has claimed this blog
UPDATE 1-US Treasury considering taking stakes in banks-NYT
http://todaysharemarkettips.in/ update-1-us-treasury-considering-taking-stakes-i…
The U.S. Treasury Department is considering taking ownership stakes in many U.S. banks in a bid to restore confidence in the badly shaken financial system, the New York Times said. The moves would come after Treasury has had little succcess in unlocking frozen credit markets, The Times said on
1 hour ago in Today Share Market Tips . in · Authority: 20
7. Photo of strudy
CBA's Great Deal.
http://asxnewbie.com/ cba%e2%80%99s-great-deal/
The Commonwealth Bank is now too big to fail now, if ever we ever needed it confirmed The CBA is buying the Australian assets of struggling UK lender, HBOS at a knockdown cost of $A2.1 billion, and raising $2 billion in fresh capital from the market and shareholders.
2 hours ago by strudy in ASX Newbie · Authority: 61
8. Photo of strudy
Steer Clear of Nickel - Further Falls Ahead.
http://asxnewbie.com/ steer-clear-of-nickle-further-falls-ahead/
As the stainless steel industry demand is slowing around the world, Nickel is the worst performer among the collapse of the commodities markets. Indeed, the giant credit crisis added to the global economic slowdown and also to the recovery of the US Dollar weigh strongly on the industrial demand side.
2 hours ago by strudy in ASX Newbie · Authority: 61
9. No one has claimed this blog
Your Black Scholar: Beyond $700 Billion
http://blackbloggers.wordpress.com/ 2008/ 10/ 09/ your-black-scholar-beyond-700-…
Beyond $700 Billion By: Lloyd Wynn Imagine a patient visiting her physician for an annual checkup and is informed she has cancer. While in her physician's office, she has a heart attack and now the physician must attend to the patient's immediate health concern (the heart attack).
2 hours ago in Black Bloggers, Black Writers · Authority: 38
10. Photo of micktechno
How To Know When To Sell Your Stocks
http://www.announced.us/ finance/ sell-stocks/
How To Know When To Sell Your Stocks Filed under: Business, Finance, Stock Market While quite a bit of time and research goes into selecting stocks, it is often hard to know when to pull out – especially for first time investors.
2 hours ago by micktechno in Announced Articles & Press Releases · Authority: 83
1. 1
2. 2
3. 3
4. 4
5. 5
6. 6
7. 7
8. next »
Rising and falling
Technorati data powered by Truviso
1. audio
2. children
3. computer
4. david
5. driving
6. education
7. enjoying
8. film
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10. honestly
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13. limited
14. new york
15. perfect
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20. sports
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25. worth
About / rising and falling
Find posts and stories that have something in common using this weighted list of phrases, where popularity is represented by size. Learn more...
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* Investing StrategiesProtect your portfolio & multiply
your money. Free investing advice!www.InvestorsDailyEdge.com
* Online Share TradingTrade Share CFDs online
commission free, 24 hours a daywww.gcitrading.com
* Invest $100 Trade $40000Learn how to Leverage your Money
wisely, free 1/1 Training & supportwww.iFOREX.com
* Secret Stock Trading TipsFree Lessons For Online Trading
On The Forex And Stock Markets.Tradeology.Com
Mentions by Day
Posts mentioning stockmarket per day for the past 30 days.
Chart of results for stockmarket
Click here to find out more!
*
Gadgets »
Vodafone's BlackBerry Storm art department all soon to be fired
Filed under: Cellphones We can't put our finger on it, but there's something vaguely familiar about this new Storm 9500. …
*
Finance »
I'm Going Long Right Now
I could be an idiot. But I think now is the time. …
*
Today in photos »
Today in Photos
*
Baseball »
Delusional Lackey : We're The Better
Never mind the results of the Red Sox's 3 …
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Wednesday, October 8, 2008
HARD MENTALITY, SHORT TERM VISION GRIP OUR STOCK MARKET
The Jakarta Post.com
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Herd mentality, short-term vision grip our stock market
Vincent Lingga, The Jakarta Post, Jakarta
The capital market management and regulator made the right decision Wednesday to halt share trading here after the benchmark index plunged by another 10 percent to close at 1,451 points, because that development was indeed rooted in an irrational market mechanism.
Letting the stock market (IDX) continue operating in such a chaotic situation would be like allowing a few rice sellers to freely set the price of the staple amid a massive, nationwide famine.
Stocks in such blue-chip companies as telecommunications firm Indosat, coal producer Adaro and automobile and plantations group Astra International should not have plunged between 19 and 23 percent Wednesday, had it not been for a herd mentality on the part of domestic retail and institutional investors.
NOTE: PLUNG IN THE STOCKMARKET TO TO ECONOMIC PLUNGE.
The long-term outlook for telecommunications and our natural-resource-based companies remains bright and promising. Even though the prices of most primary commodities such as coal, palm oil and rubber have of late fallen steeply, they remain way above their 2006 levels.
The recent downward trend was even good for long-term stability, because the skyrocketing prices during the first semester were partly fueled by speculative sentiment. These prices are now seeking a new equilibrium.
Our domestic investor base should have been broad and diverse enough to shield the IDX from the abrupt changes in international investor sentiment.
The growing role of domestic institutional investors such as pensions funds, mutual funds and insurance companies should have contributed to broadening and diversifying the pool of investment in equities.
The long-term horizon of these institutional investors should have played a stabilizing role in our stock market. Basically, a diverse investor base, in relation to investment horizons and risk appetite, can contribute to financial stability by spreading risks more widely.
But as Wednesday's irrational market development showed, most domestic investor behavior was still controlled by a herd mentality, toeing the move of foreign portfolio investors.
What are the main determinants of share prices?
One of them is global factors, such as international liquidity and credit and market risk premiums. True, these factors are now all negative, as the impact of the financial crisis and panic in the United States and Europe sets in.
However, the strongest determinants of our equity prices -- the domestic or fundamental factors such as economic growth, the differential between domestic and global interest rates, the expected forward exchange rate, the inflation differentials -- remain fairly positive.
In fact, after Bank Indonesia's move on Tuesday to raise its benchmark interest rate by another 25 basis points to 9.50 percent, our interest rate differential with the U.S. Fed funds became 8 percentage points.
NOTE: BANK OF INDONESIA IS ONE OF THE TOP BANKS IN ASIA.
I don't think the amount of foreign portfolio money still playing in our stock market remained at such a level because it was still able to heavily influence the market trend.
Most of this hot money had flown out a few weeks ago as these skittish investors became highly risk-averse and tended to generalize things.
The steep fall in our stock market Wednesday was therefore exacerbated by the herd mentality and short-term-oriented stance not only of our individual (retail) but also institutional investors.
Hence, as BI Governor Boediono and chief economics minister Sri Mulyani Indrawati said Sunday, if we really care about protecting our own house from the fallout of the international financial crisis, then we all, in our respective roles, should help contribute to maintain calm.
This calls for domestic retail and institutional investors to get rid of their herd mentality and adopt a more long-term view in order to contribute to building up a financially stable base for our equity market.
The writer can be reached at v_lingga@yahoo.com.
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Herd mentality, short-term vision grip our stock market
Vincent Lingga, The Jakarta Post, Jakarta
The capital market management and regulator made the right decision Wednesday to halt share trading here after the benchmark index plunged by another 10 percent to close at 1,451 points, because that development was indeed rooted in an irrational market mechanism.
Letting the stock market (IDX) continue operating in such a chaotic situation would be like allowing a few rice sellers to freely set the price of the staple amid a massive, nationwide famine.
Stocks in such blue-chip companies as telecommunications firm Indosat, coal producer Adaro and automobile and plantations group Astra International should not have plunged between 19 and 23 percent Wednesday, had it not been for a herd mentality on the part of domestic retail and institutional investors.
NOTE: PLUNG IN THE STOCKMARKET TO TO ECONOMIC PLUNGE.
The long-term outlook for telecommunications and our natural-resource-based companies remains bright and promising. Even though the prices of most primary commodities such as coal, palm oil and rubber have of late fallen steeply, they remain way above their 2006 levels.
The recent downward trend was even good for long-term stability, because the skyrocketing prices during the first semester were partly fueled by speculative sentiment. These prices are now seeking a new equilibrium.
Our domestic investor base should have been broad and diverse enough to shield the IDX from the abrupt changes in international investor sentiment.
The growing role of domestic institutional investors such as pensions funds, mutual funds and insurance companies should have contributed to broadening and diversifying the pool of investment in equities.
The long-term horizon of these institutional investors should have played a stabilizing role in our stock market. Basically, a diverse investor base, in relation to investment horizons and risk appetite, can contribute to financial stability by spreading risks more widely.
But as Wednesday's irrational market development showed, most domestic investor behavior was still controlled by a herd mentality, toeing the move of foreign portfolio investors.
What are the main determinants of share prices?
One of them is global factors, such as international liquidity and credit and market risk premiums. True, these factors are now all negative, as the impact of the financial crisis and panic in the United States and Europe sets in.
However, the strongest determinants of our equity prices -- the domestic or fundamental factors such as economic growth, the differential between domestic and global interest rates, the expected forward exchange rate, the inflation differentials -- remain fairly positive.
In fact, after Bank Indonesia's move on Tuesday to raise its benchmark interest rate by another 25 basis points to 9.50 percent, our interest rate differential with the U.S. Fed funds became 8 percentage points.
NOTE: BANK OF INDONESIA IS ONE OF THE TOP BANKS IN ASIA.
I don't think the amount of foreign portfolio money still playing in our stock market remained at such a level because it was still able to heavily influence the market trend.
Most of this hot money had flown out a few weeks ago as these skittish investors became highly risk-averse and tended to generalize things.
The steep fall in our stock market Wednesday was therefore exacerbated by the herd mentality and short-term-oriented stance not only of our individual (retail) but also institutional investors.
Hence, as BI Governor Boediono and chief economics minister Sri Mulyani Indrawati said Sunday, if we really care about protecting our own house from the fallout of the international financial crisis, then we all, in our respective roles, should help contribute to maintain calm.
This calls for domestic retail and institutional investors to get rid of their herd mentality and adopt a more long-term view in order to contribute to building up a financially stable base for our equity market.
The writer can be reached at v_lingga@yahoo.com.
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