Yield Curve Inverts

[Halo_RJdriver]

ding dong

Interesting response when you consider people are needlessly being killed and maimed in Iraq and millions of Americans are losing everything they worked for while a handful are getting rich.

Well i don't see FEDEX or Brown losing pensions???? do you ???? Oh wait no dirty bum in a nightshirt took control of any cargo ops planes on 911. Fault lies with the Cliton admin, not Bush. Lack of intelligence led to 911. A tragedy. 8 years of nonsense intelligence then the reins are passed to Bush and its his fault. The economy has suffered ever since 911. Our involvement overseas stemmed from our homeland being attacked. I don't think IRAQ was right at all. I have family serving there. Bush isn't the answer i KNOW.



Since your so in the know, who are the handful that are getting rich?
The small business owners? or just big oils businesses? OR are you watching ABC, NBC, CBS, or CNN for your information?

 

[Dan Roman]

When I say a few are getting rich at the expense of millions I'm talking about people like Michelle Burns and the numerous other Delta Execs who have huge golden parachutes. Al Checci and his crew who leveraged a debt free NWA to line their pockets, how many millions did Steven Wolf walk off with at the expense of thousands of USAir employee's? Enron, GM, "Chainsaw Al Dunlop"? Lorenzo, Orenstein. The 400 or so managers at UAL who will get rich while some retiree's will lose most of the income they were depending on just to meet basic human needs(food, shelter and medical care) The list goes on and on. Our corporate "leaders" no longer build companies, they line their pockets.

 

[whymeworry?]

I hate to say it but if oil hasn't retreated by now, the winter months, then $50-$60 per barrel oil will be the norm for the future. We are in the lowest demand months and the oil market is still strongly supporting $58/ barrell. Not to mention it's sensitivity to price shocks. OPEC is in bed with Chevron, Anadarko, Exxon and Unocal. Together with the Russians, Venezuelans, Brits and Brazilians they are going to keep oil absolutely as high as the market will allow. And the market has no problem supporting $60 oil.

Wait until next summer. It will approach $68 per barrel. And lets not forget all of the oil rigs that are still lying on the bottom of the Gulf or Mexico. It will be years before those rigs come back on line.

I fully expected oil to retreat, but if it's able to stay this high through the winter of '06 then the oil companies have us and we'll be paying with our first born for this commodity for the rest of our lives.

BTW, I heard a report yeaterday that attacks in Iraq now average 700 per week. Since this was on NPR, I challenge the validity of such a statement. But if it's even halfway true, we ain't even close to getting an upper hand in Iraq. So long as the Mid East reamins unstable there will remain a catalyst to bidding up higher oil by the market speculators.

 

[stonewall]

When I say a few are getting rich at the expense of millions I'm talking about people like Michelle Burns and the numerous other Delta Execs who have huge golden parachutes. Al Checci and his crew who leveraged a debt free NWA to line their pockets, how many millions did Steven Wolf walk off with at the expense of thousands of USAir employee's? Enron, GM, "Chainsaw Al Dunlop"? Lorenzo, Orenstein. The 400 or so managers at UAL who will get rich while some retiree's will lose most of the income they were depending on just to meet basic human needs(food, shelter and medical care) The list goes on and on. Our corporate "leaders" no longer build companies, they line their pockets.

I agree with everything you said there. But, you're mistaken if you believe it's a Republican politician problem. I'd say it's a US politician/no business ethics problem. Follow the $$$. Kerry is great friends with Fred Smith (just like Bush). Ken Lay hosted fundraisers at Tereas Heinz Kerry's house. The dotcom boom/bust and seeds of all the recent lapses in bidness ethics were sown during the late 90s (under Clinton's "watch"). Do I blame him for that? No. I blame greed, greed, and greed. That's not unique to any particular political party.

The rest of your stuff about US foreign policy was just dumb. Happy New Year.

 

[stonewall]

Magnum,
You are doing a fine job on your own proving my point with all of your posts! Keep up the good work. Bush and O'Reilly would be Proud.

BTW....Happy Holidays!

Yeah, I had a hard time finding all the factual inaccuracies reported on FoxNews, too. Thanks for trying, though. Didn't have the same problem finding blatant bias/flat-out falsehoods on AP and Reuters, though.

You can actually see the various inconsistencies when you check out about 10 different news sources a day. You should try it sometime. There's newspapers, website, cable channels, blogs....all kinds of media these days. Widen your view, and stop thinking in such simple red state/blue state terms. Happy New Year.

 

[maru657]

Hurricane Andrew, That was handeled nicely. This was prior to the other bush worming his was into the Florida Governors mansion by the way.
Two world wars were started in the balkans, a third wasn't, guess that was done with no regrets and no U.S. casualty lists. Yes I would tell members of the Texas ANG they were ChickenHawks in the late 60's to early 70's. A lot of us would have perfered such an easy post but Nixon had other ideas for the sons of working class Americans. We got our first look at Cheany and Rumsfledt during the "retreat with honor" and the WhiteHouse micro managed mess in Cambodia retreveing the Mayaguez. Marines left on the beach to be beaten to death as a form of execution. Later while cheany was kissing Saddam's feet the crew of the USS Stark got another kind of visit. Later the guys forced into a barracks in Beriut by the reagan and bush whitehouse, might have issue with the competency of the afore mentioned party. Only the survivors though. Oil prices? I remember 80 cents/gallon with Clinton. Osama? Was Tora Bora just mis-managed, typical bush, or did they mean to let a family friend escape?

 

[flyhi92]

Greed

Magnum, you are spot on about greed, and it works because just about all politicians are in corporate pockets. To paraphrase about the only intelligent thing a late-sixties southern politician said: democrats, republicans, there's not a dimes worth of difference. We need a MAJOR overhaul to our political system, and I wish I had the answer to that. (Would it start by electing an Arizona politician?)

btw, I think lowecur is actually a psychologist. He really know how to push a button that ignites flamethrowers en masse.

 

[73-Driver]

You can actually see the various inconsistencies when you check out about 10 different news sources a day. You should try it sometime. There's newspapers, website, cable channels, blogs....all kinds of media these days. Widen your view, and stop thinking in such simple red state/blue state terms. Happy New Year.

Wow,

Thanks Magnum, I think I see the light now. Switch the channel a few times for a more balanced source of news. NEWS FLASH GENIUS, that was the point I was trying to make with my original post!
Oh, but wait a minute, I'm sorry I forgot the point you were making, that FOX news reports only the truth. Why would I have to switch channels? I'm confused Magmum which is it? FOX can be trusted or FOX is like all the rest of the cable news stations, full of crap??? My god you flip-flop more than Kerry!

You ever think about putting down the remote and tabloids for a book?

I don't speak for most on here, but what amazes me, is how far some people will go to defend their political parties. You are no better than the people condoning Clinton's behavior in the White House.

BTW, I don't care if you are RED or BLUE just get the damm job done!

Happy New Year!

 

[stonewall]

Wow,

Thanks Magnum, I think I see the light now. Switch the channel a few times for a more balanced source of news. NEWS FLASH GENIUS, that was the point I was trying to make with my original post!
Oh, but wait a minute, I'm sorry I forgot the point you were making, that FOX news reports only the truth. Why would I have to switch channels? I'm confused Magmum which is it? FOX can be trusted or FOX is like all the rest of the cable news stations, full of crap??? My god you flip-flop more than Kerry!

You ever think about putting down the remote and tabloids for a book?

I don't speak for most on here, but what amazes me, is how far some people will go to defend their political parties. You are no better than the people condoning Clinton's behavior in the White House.

BTW, I don't care if you are RED or BLUE just get the damm job done!

Happy New Year!

Well, genius, I guess we agree about a few things then. BTW, I know it helps you make your argument, but saying 'you think Fox only reports the truth' is a a little different than me saying 'show me examples of reporting bias from Fox.' Happy New Year, and I hope everything works out for y'all in '06.

 

[stonewall]

Hurricane Andrew, That was handeled nicely. This was prior to the other bush worming his was into the Florida Governors mansion by the way.
Two world wars were started in the balkans, a third wasn't, guess that was done with no regrets and no U.S. casualty lists. Yes I would tell members of the Texas ANG they were ChickenHawks in the late 60's to early 70's. A lot of us would have perfered such an easy post but Nixon had other ideas for the sons of working class Americans. We got our first look at Cheany and Rumsfledt during the "retreat with honor" and the WhiteHouse micro managed mess in Cambodia retreveing the Mayaguez. Marines left on the beach to be beaten to death as a form of execution. Later while cheany was kissing Saddam's feet the crew of the USS Stark got another kind of visit. Later the guys forced into a barracks in Beriut by the reagan and bush whitehouse, might have issue with the competency of the afore mentioned party. Only the survivors though. Oil prices? I remember 80 cents/gallon with Clinton. Osama? Was Tora Bora just mis-managed, typical bush, or did they mean to let a family friend escape?

Obviously, we see events a lot differently. However, being RE-elected by almost 60% of the state despite being DNC target #1 in 2002 hardly qualifies as "worming" your way into the Guv mansion.

And I'll say it for the record: Jeb Bush is a much, much better executive than his brother. We'd all be better off if Jeb was in the WH instead of GW. It's a shame there's no way the country will give another Bush a crack at the presidency anytime soon. Everyone would be pleasantly surprised with Jeb in my opinion.

 

[satpak77]

did I say Bush was a moron ?

 

[73-Driver]

Thanks Magnum!

Best of luck to you in 2006.

 

[satpak77]

best of luck to everybody in 2006, FI forum disagreements aside

Happy New Year from SATPAK

** I have attended anger management counseling and realize everyone can contribute to the greater good on this planet, to include world peace and the elimination of hunger

 

[stonewall]

best of luck to everybody in 2006, FI forum disagreements aside

Happy New Year from SATPAK

** I have attended anger management counseling and realize everyone can contribute to the greater good on this planet, to include world peace and the elimination of hunger

Can you feel the luv? I can feel it...I can....

About to jump to ATL on AirTran for four days of heavy boozing and debauchery. And a much needed break from FI! Happy New Year everyone.

 

[Dan Roman]

Before you go Your right about corporate greed. It's cross's all party lines.
Have fun!

 

[Andy]

I agree with everything you said there. But, you're mistaken if you believe it's a Republican politician problem. I'd say it's a US politician/no business ethics problem. Follow the $$$. Kerry is great friends with Fred Smith (just like Bush). Ken Lay hosted fundraisers at Tereas Heinz Kerry's house. The dotcom boom/bust and seeds of all the recent lapses in bidness ethics were sown during the late 90s (under Clinton's "watch"). Do I blame him for that? No. I blame greed, greed, and greed. That's not unique to any particular political party.

The rest of your stuff about US foreign policy was just dumb. Happy New Year.

Spot on with your assessment that it's a bipartisan problem. There is widespread ethical lapses in both Democratic and Republican parties (I'll refrain from calling it outright corruption; Lincoln said it better). Power corrupts; absolute power corrupts absolutely.

I see foreign military gaffes by both parties. Magnum is correct that the Balkans were handled extremely poorly by Clinton. The senior Bush was warned before the disastrous Somalian operations. dubya did a great job in Afghanistan but has dropped the ball in Iraq. For Iraq, Rumsfeld recommended going in there on the cheap (not many boots on the ground), which is the root cause of the current instability. Long term, good plan. Short term, they continue to screw the pooch (Iraq is now IMPORTING oil. WTF!).

As for the hurricanes, there's plenty of blame to go around. But I wouldn't tag it as a dubya problem; he appointed Michael Brown as the head to FEMA to handle FEMA hurricane response. dubya doesn't have time to micromanage Brown and FEMA. Louisiana state/New Orleans city government response was terrible; they're Dems. Again, more than enough blame to go around.


As for b6guy, I reread his PM. What a whack job; my sympathies to everyone at B6. I posted a link to the DoD budget for FY 1940-FY2009 in response to his assertion that Clinton reduced the defense budget during his tenure (ignoring the fact that the senior Bush POMed a end of Cold War DoD reduction since we no longer need to have 24/7/365 vigilence against the evil empire). His response to the chart: "I haven't looked at any of your links and won't waste my time." Yeah b6guy, don't let facts get in the way of an incorrect argument. Your insults toward Jay B were also way out of line. I can see that b6guy is one of JetBlue's 5%ers.

 

[maru657]

Dubya Dimwit didn't have time to micromanage? He should have left James Lee witt in charge of FEMA then. The local leaders in Louisana might have been able to handle the mess if they had access to their own states national guard. But no, they were guarding roads in Iraq. You know against all of those people who welcomed us with flowers. The magnitude of the disaster on the Gulf coast overwelmed all local attempts at control. Thats why we have a national guard, that and so rich chickenhawks can hide somewhere during any real fight.

 

[stonewall]

Dubya Dimwit didn't have time to micromanage? He should have left James Lee witt in charge of FEMA then. The local leaders in Louisana might have been able to handle the mess if they had access to their own states national guard. But no, they were guarding roads in Iraq. You know against all of those people who welcomed us with flowers. The magnitude of the disaster on the Gulf coast overwelmed all local attempts at control. Thats why we have a national guard, that and so rich chickenhawks can hide somewhere during any real fight.

Jerk. I'm in the Guard...and I ain't no rich chickenhawk. Niether is anyone in my Guard unit. And I HAVE fought...in the Balkans and Iraq. I can't even escape you in ATL...curse my bud's laptop! Now I'm goin' drinkin!

 

[Peleton]

My take on politicians and red vs blue states.

The politicians are all playing football though just for different teams. When the cameras go off they are all buddy to each other as they go out to dinner on some power brokers dime.

 

[Andy]

Dubya Dimwit didn't have time to micromanage? He should have left James Lee witt in charge of FEMA then. The local leaders in Louisana might have been able to handle the mess if they had access to their own states national guard. But no, they were guarding roads in Iraq. You know against all of those people who welcomed us with flowers. The magnitude of the disaster on the Gulf coast overwelmed all local attempts at control. Thats why we have a national guard, that and so rich chickenhawks can hide somewhere during any real fight.

Cool! I'm now getting shot at by nonthinkers who back both the Dems and Republicans. It appears from your bio that you have zero military time. I continue to serve in the AF Reserve, having been on active duty for close to 15 yrs and in the Guard for 5 yrs.

Let's start with dubya's handling of the hurricanes. What you expect from him is equivalent to the CEO of an airline to monitor reserve availability of all crewmembers and address any manning shortfalls. That's not the CEO's job. And it isn't dubya's job to manage hurricane relief! That's why there's a head of FEMA. Perhaps he made a bad choice in selecting Brown. But to let the state & local gov't off the hook scott free is asinine.

As for state and local leaders having access to the national guard, do you have any idea the extent of LA guard members being deployed to Iraq? I haven't had a chance to look it up; if you know the answer, post a link. Otherwise don't assume that the entire LA national guard was in Iraq. Besides, unless you've got the right specialties in place, the guard won't do you much good. Exactly how would you have used the personnel from the 159th Fighter Wing (F-15s) in this case? If you were really concerned about people being in place to assist, you should've drug your a$$ down there; your value probably would've been the same as anyone in the 159th FW.
And what's this welcomed us with flowers crap? There aren't enough boots on the ground to maintain order.

As for rich chickenhawks hiding during any real fights, you are stepping into territory that you are totally unfamiliar. In the military air forces, there are shooters and there are targets. I have spent almost all of my military flying career being a target. While in the National Guard, I have orbited with a plane full of gas just a short distance from the Iraq border while Saddam was in power. If you think that the Air Guard (or Reserves, for that matter) is a place for 'rich chickenhawks' to hide out during conflicts, you are proving to everyone that you are total moron. Since this is coming from someone who has likely not spent a single day in the military, I've got to wonder if your intelligence quotient is too low to even qualify for service.
FWIW, I've got almost 26 years in a uniform (active duty, guard, reserve). My wife is an ICU RN with over 13 years in a uniform (active duty, reserve). We both continue to serve. Either or both of us can be called up to go to a hotspot at any time. My wife still has nightmares from her time at Weisbaden taking care of wounded troops, and is likely to deploy to Iraq in 2006. Whether or not we agree, my wife and I will follow the Commander-in-Chief's orders. What will you do? Open a beer and watch CNN while armchair quarterbacking the events that transpire? You have much in common with b6guy.l