" I think importantly, improving balance sheets and income statements through changes to accounting treatments would result in many less sophisticated investors assuming a business that does not mark its assets to market is in better financial shape than it is; "
and;
" the Blackstone Group LP Chairman, the American Bankers Association, and 65 lawmakers in the House of Representatives urged that mark-to-market rule be suspended last September"
http://www.stockresearchportalblog.com/2009/03/mark-to-market/
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Merril Lynch bonuses. $3.62 billion.
ReplyDelete"NEW YORK (Reuters) - Merrill Lynch & Co may have misled Congress in representing last November that it planned to pay out bonuses at year end, when in fact it decided to accelerate those payouts, New York Attorney General Andrew Cuomo said on Wednesday."
http://www.besternews.com/article/Bester%20News%20-%20Business/Merrill%20may%20have%20misled%20Congress%20on%20bonuses%3A%20Cuomo/
A Ponzi scheme can be interpreted as more taxpayer bailout money for whomever wants it, so 'owzaboud Progressive Comrades splitting, say US$500 billion, buying silver and gold coins and / or bullion, lush country estates complete with plenty of fresh squirrel and decadent desserts for afters?!
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Thought you might like to see this. Received it today -- clip is about 1 1/2 mins. long. Following is the text.
With Pride and Thanks
A lone young Belgian boy is waiting to salute the Canadian Troops who were passing by after attending a memorial service.
Such class from the Canadian troops -- watch what they do for this little boy.
The "Eyes Right" command is the biggest compliment troops on parade can pay and is usually reserved for dignitaries in reviewing stands.
Every now and then something just makes a person smile!
http://www.youtube.com/watch?v=nDMzHlkB-Yg
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Now this is interesting and, as usual, there is no sign of this in the msm. I guess it's because zionists control most of the msm, so I'll run a sentence by you. -- http://tinyurl.com/co6xdr
"The dollar and the pound are about to become the two worst performing asset classes on the planet."
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If you like fast cars and faster women, then let's have sum fun . . .
http://www.youtube.com/watch?v=184ZnStDXlk
http://www.youtube.com/watch?v=z92HZpSps60
http://www.youtube.com/watch?v=kHTeC1kgG0A
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I guess Africa is one of the last continents to feel the effects of the 'de'cression or 're'pression. It must NOT be called a depression under any circumstances! -- http://tinyurl.com/cmolq9
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And for those who live by the sea, this. -- http://tinyurl.com/bcwm4y
The little fellow was grand Charles. All dressed up in his kilt and tam.
ReplyDeleteInteresting video -- 8 1/2 mins. -- about a small, non-debt based bank in Sweden which has 34,000 members. Sort of like a credit union. -- http://wimp.com/weirdbanking/
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Another country on it's last legs. This ain't gonna be pretty by the time all is said and done. -- http://tinyurl.com/cv7y2t http://tinyurl.com/cntd7u
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This is beginning to look suspiciously like a NWO, starting right here under the guise of "domestic security". We are Canadians; there is no need for this. -- http://tinyurl.com/chr4e8
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Last but not least, is Santa a perverted conspiracy theorist? -- http://tinyurl.com/dlmnbo
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Transferring To Detroit . . .
This happened on a flight getting ready to depart for Detroit.
Jack was sitting on the plane when a guy took the seat beside him. The guy was an emotional wreck, pale, hands shaking, moaning in fear.
"What's the matter?" Jack asked.
"I've been transferred to Detroit, there's crazy people there. They've got lots of shootings, gangs, race riots, drugs, poor public schools, and the highest crime rate."
Jack replied, "I've lived in Detroit all my life. It's not as bad as the media says. Find a nice home, go to work, mind your own business, enroll your kids in a nice private school. It's as safe a place as anywhere in the world."
The guy relaxed and stopped shaking and said, "Oh, thank you. I've been worried to death. But if you live there and say it's OK, I'll take your word for it. What do you do for a living?"
"Me?" said Jack. "I'm a tail gunner on a Budweiser truck."
Rofl....gives a new meaning to the term Flying Fortress. BWAAHAAHAAAW!
ReplyDeleteHoney, pick up my shotgun shells while you are at Walmart will you?
While strolling through a Walmart in the U.S. late last summer, I was rather amused by the big centre aisle display of shotgun shells. Sitting there, big as life was an approx 4 ft. x 6 ft. display full of hundreds of boxes of shells. Unlike Canuckville, land of laws, controls and big brother, there they sat for the purchasing. I had just come from the sporting goods section where I had engaged in a rather lengthy discussion with the older male clerk and a couple of NRA type fellows. Obama was a main part of the conversation as they warned one another that he intended to take away their guns.
HA! Boston Tea Party anyone?