Loading ...Great pictures as usual. Ive been to most the states in US but not there yet. I was surprised at the lines at the Liberty zooming in for closer look. It made me appreciate what a great job they did building that..without todays tecnology, hope that gift to create doesn’t get forgotten.
I was wondering, with all the good spirits comming to Tots, did anyone bring anything for the hangover? Well Maya came close with his coffee, he must of been thinking ahead.
You are a very special humanoid being..
For you and Mrs T : http://www.youtube.com/watch?v=ipMNbf4hb28
Message received, god bless ..Will call you early next week.. Love ya , AuGirl
Just because I thought it was appropriate, I called and left a message the other day inviting Jim Sinclair to Tottsville. It’s a longshot, but it’ll be a hoot if he shows up.
“Maya …I found the coffee stash already…mmmmmgood…may be none left by morning Haaa”
Now I do not begrudge you a nice, stimulating beverage after a long airline hassle, but… if you drink all that before morning we may have to have fully peel you off the ceiling and gas you for a few hours!
go to bed my friend
go to bed
tomorrow is a great day
to start again
Very,, Very Best to YOU,,
humanoid
abtd
Over the past four months, every few weeks my travels have resulted in spending a day or two in New York City with friends. Today a friend at Rockaway took me with him to deliver a boat to the East River. It was a nice day for cruisin’ around, so we got a good look at a special lady before heading over past Manhattan to the dock. The return to Rockaway was by ferry, in time for sunset.
havn’t heard from you in a while. hope you are doing better.
rno
pettu squabbl2s aside
the stupport I am 00000000000000000000000000000000000000000000000000000000000000000000
In the past 10 hours Silver has
marched northward from
16.57 to 16.78 ( 10:48 pm )
Ya Hoo
Time for milk and cookies ..
SOB and Reconwith that
abtd
Posted On: Thursday, May 15, 2008, 4:50:00 PM EST
Capital Flows Data Shows Large Net Outflow Of Foreign Capital
Author: Dan Norcini
Dear Friends,
The US Treasury Department today released its monthly International Capital Flows data for the month of March 2008. Among the main highlights was a significant NET OUTFLOW of foreign capital of some $48.2 billion compared to a revised INFLOW of $48.9 billion in February. That is nearly a $100 billion swing in one month’s time and illustrates how severe the distress in the US financial system was which forced the hand of the Fed to bail out Bear Stearns at the expense of polluting their balance sheet. Wouldn’t you have loved to have been a fly on the wall in those hidden offices where the various machinations took place as the monetary authorities and their pals in the investment banks plotted and schemed to come up with a way to avert the consequences of their reckless greed and idiocy when it comes to the derivative daisy chain mess they concocted?
That net outflow occurred when short term securities were included in the numbers. When those were stripped out, the data showed a large NET INFLOW of $80.42 billion.
Using the short term measurement, the flows were insufficient to fund the trade deficit for that same month which was at $58.2 billion. That is a shortfall of $106.4 billion. Employing only the long term dated securities, flows were more than sufficient to fund the gap.
Another interesting thing to note for March’s data is the effect of the Bear Stearns news, along with the rest of the investment house troubles, which resulted in a mass exodus of foreigners from US corporate bonds. They sold those things off like they had the plague. In February they had ponied up to the bar to buy $19.2 billion worth of US corporate debt. In March, they sold $4.5 billion for a one month swing of $23.7 billion. Again, you can see why panic alarms were sounding in the halls of the Fed and the Treasury department.
Those nervous foreign investors went charging into US Treasuries for safety more than doubling their previous purchases to $55 billion from the previous month of $20.6 billion. As a matter of fact, foreign purchases of US Treasuries was the highest number that I have on record!
Those same foreign investors increased their purchases of US equities however from $1.1 billion in February to $11.5 billion in March. They also purchased $18.3 billion in US Agency down from $36.9 billion the previous month.
Let’s just say that were it not for US Treasury purchases, one wonders just how lousy these numbers could have been.
The key to watch will be the next month’s release for April, which will reveal whether or not foreigners felt sufficiently convinced that the US monetary authorities’ actions have been appropriate to restore their confidence.
Dan
_____________________
abtd
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i hope you got a little rain the last couple of days. probably way too late for the wheat crop in your area. really looks good around here. a few guys even bought some put options that never hedged before.
rno
if all else fails, hang up a white sheet or find a smooth white wall. the wall will work better if it’s relatively smooth.
rno
I bought some 23 year old rum at duty free in Belize for the party. It survived the plane and Warren’s ride last night.
Maya …I found the coffee stash already…mmmmmgood…may be none left by morning Haaa
Thank you for your post. I know only a little about clover. Clover has deep roots and takes nutrients up from the deep subsoil to the topsoil. My father told me when I was a child that the flower is tasty and good as a snack; he grew up in a small town. Rotation is important so that pests and disease do not accumulate and harm the crop. This I found in the Harrowsmith book which contains some of the articles from the magazine.
Must get some sleep; thanks again for your interest.
Cheers, TQ
When I was a child ppl used to
rotate crops one year and
” Clover ”
( as a replenishment source )
the following year.
Short with purple flowers,,
And crops again etc ..
Very Best to You TQ
abtd