goldfinger
- 09 Jun 2005 12:25
Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).
Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.
cheers GF.
dreamcatcher
- 30 Jul 2011 08:22
- 11857 of 81564
Crisis As US Debt Row Remains Deadlocked
tweet2Print..Topics:USUpgrades & DowngradesCredit Cards.
(c) Sky News 2011, 7:19, Saturday 30 July 2011
The US Congress remains bitterly divided over how to raise the country's debt limit so it can afford to pay its bills.
On Friday night the House of Representatives passed a Republican-backed bill to provide a short-term boost - a $900bn increase in the debt ceiling.
But two hours later the legislation was defeated in the Democratic-controlled Senate.
Senate Democratic Leader Harry Reid offered a late concession on Friday by revising his own deficit reduction proposal to take in parts of a plan first proposed by the Senate's top Republican, Mitch McConnell.
Hopes for a quick resolution to the issue faded, however, as the Senate adjourned for the evening.
President Barack Obama had made a fresh appeal to Democrats and Republicans to come to an agreement before the deadline on Tuesday.
The country will be unable to borrow money to pay its bills if Congress does not agree to increase the maximum level by then.
Democrats in control of the Senate had vowed to block the Republican proposal in favour of a longer-term $2.5 trillion borrowing limit increase with about $2.2 trillion in spending cuts.
Economists have claimed that defaulting on the debt could push the already fragile American economy back into recession.
Mr Obama has said "there were plenty of ways out of this mess" but warned "we are almost out of time".
He warned the US was in danger of losing its AAA credit rating - and this could mean tax rises in the form of higher interest rates on mortgages and credit cards.
But he was "confident we can solve this problem and will solve this problem".
He said any deal must have the support of both the House of Representatives and Senate, adding the "time for compromise was now".
The leader said the bill put forward by House of Representatives Speaker John Boehner, a Republican, "does not solve the problem".
Mr Obama said Mr Reid had introduced a plan that contains cuts agreed by both parties.
Senator Mitch McConnell, a Republican, had also "offered a solution that can get us through this".
The president said either of their plans could be modified in order to get them passed by both houses, which would allow them to be signed into law.
Sky's US correspondent Greg Milam said: "Republicans and Democrats appear to be in gridlock in trying to tie spending cuts to the deal to raise the ceiling
greekman
- 30 Jul 2011 18:07
- 11858 of 81564
The Green Thing
In the line at the store, the cashier told an older woman that she should bring her own grocery bags because plastic bags weren't good for the environment.
The woman apologized to him and explained, "We didn't have the green thing back in my day."
The cashier responded, " That's our problem today. Your generation did not care enough to save our environment."
He was right -- our generation didn't have the green thing in its day.
Back then, we returned milk bottles, soda bottles and beer bottles to the store. The store sent them back to the plant to be washed and sterilized and refilled, so it could use the same bottles over and over. So they really were recycled.
We walked up stairs, because we didn't have an escalator in every store and office building. We walked to the grocery store and didn't climb into a 300-horsepower machine every time we had to go two blocks.
Back then, we washed the baby's nappys because we didn't have the throw-away kind. We dried clothes on a line, not in an energy gobbling machine burning up 220 volts -- wind and solar power really did dry the clothes. Kids got hand-me-down clothes from their brothers or sisters, not always brand-new clothing. But that old lady is right; we didn't have the green thing back in our day.
Back then, we had one TV, or radio, in the house -- not a TV in every room. And the TV had a small screen the size of a handkerchief (remember them?), not a screen the size of the state of Webmlet Staduin. In the kitchen, we blended and stirred by hand because we didn't have electric machines to do everything for us.
When we packaged a fragile item to send in the mail, we used a wadded up old newspaper to cushion it, not Styrofoam or plastic bubble wrap.
Back then, we didn't fire up an engine and burn petrol just to cut the lawn. We used a push mower that ran on human power. We exercised by working so we didn't need to go to a health club to run on treadmills that operate on electricity.
Back then, we drank from a fountain when we were thirsty instead of using a cup or a plastic bottle every time we had a drink of water.
We refilled writing pens with ink instead of buying a new pen, and we replaced the razor blades in a razor instead of throwing away the whole razor just because the blade got dull.
Back then, people took the tram or a bus and kids rode their bikes to school or walked instead of turning their moms into a 24-hour taxi service..
We had one electrical outlet in a room, not an entire bank of sockets to power a dozen appliances. And we didn't need a computerized gadget to receive a signal beamed from satellites 2,000 miles out in space in order to find the nearest pizza joint.
But isn't it sad the current generation laments how wasteful we older folks were just because we didn't have the green thing back then?
Please forward this on to another selfish old person who needs a lesson in conservation from a smart ass young person.
dreamcatcher
- 30 Jul 2011 20:23
- 11860 of 81564
By Alister Bull and Laura MacInnis | Reuters 13 minutes ago
U.S. President Barack Obama meets with African leaders at the White House in Was
....WASHINGTON (Reuters) - The White House said on Saturday it "strongly supports" a bill being considered in the House of Representatives that incorporates both Democratic and Republican ideas and would raise the debt limit to early 2013.
"It is imperative that the United States not default on the nation's obligations," the Obama administration said in a policy statement. "If the bill were presented to the president, his senior advisors would recommend that he sign it."
The bill would require two-thirds approval in the Republican-controlled House to pass.
(Reporting by Alister Bull and Laura MacInnis)
...
greekman
- 31 Jul 2011 07:31
- 11861 of 81564
When I was a kid I used to pray every night for a new bike. Then I
realized that The Lord doesn't work that way, so I stole one and asked him
to forgive me.
I've often wanted to drown my troubles, but I can't get my wife to go
swimming.
My Dad used to say 'always fight fire with fire', which is probably why
he got thrown out of the fire brigade.
I saw six men kicking and punching the mother-in-law. My neighbour said
'Are you going to help?' I said 'No, Six should be enough.'
If we aren't supposed to eat animals, then why are they made out of meat?
Why is it called Alcoholics Anonymous when the first thing you do is
stand up and say, 'My name is Bob, and I am an alcoholic'?
Why is there a light in the fridge and not in the freezer?
Why does mineral water that 'has trickled through mountains for
centuries' have a 'use by' date?
Why do toasters always have a setting that burns the toast to a horrible
crisp no one would eat?
Who was the first person to look at a cow and say, 'I think I'll squeeze
these dangly things here and drink whatever comes out'?
What do people in China call their good plates?
Why do people point to their wrist when asking for the time, but don't
point to their crotch when they ask where the bathroom?
Why is a person that handles your money called a 'Broker'?
If quizzes are quizzical, what are tests?
Why is it that when someone tells you that there are over billion stars
in the universe, you believe them, but if they tell you there is wet paint
somewhere, you have to touch it to make sure?
Did you ever notice that when you blow in a dog's face, he gets mad at
you but when you take him on a car ride, he sticks his head out of the
window?
Triangular sandwiches taste better than square ones.
At the end of every party there is always a girl crying.
One of the most awkward things that can happen in a pub is when your
pint-to-toilet cycle gets synchronised with a complete stranger.
You've never quite sure whether it's ok to eat green crisps.
Everyone who grew up in the 80's has entered the digits 55378008 into a
calculator
Reading when you're drunk is horrible.
Nobody ever dares make cup-a-soup in a bowl.
You never know where to look when eating a banana.
Rummaging in an overgrow garden will always turn up a bouncy ball.
Everyone always remembers the day a dog ran into your school.
The most embarrassing thing you can do as schoolchild is to call your
teacher mum or dad.
Every bloke has at some stage while taking a pee, flushed half way
through and then raced against the flush.
Its impossible to look cool whilst picking up a Frisbee.
You never ever run out of salt.
There's no panic like the panic you momentarily feel when you've got
your hand or head stuck in something.
No one knows the origins of their metal coat hangers.
Despite constant warning, you have never met anybody who has had their
arm broken by a swan.
The most painful household incident is wearing socks and stepping on an
upturned plug.
People who don't drive slam car doors too hard.
You've turned into your dad the day you put aside a thin piece of wood
specifically to stir paint with.
Everyone had an uncle who tried to steal their nose"
dreamcatcher
- 31 Jul 2011 07:59
- 11862 of 81564
Desperate Bid To Resolve US Debt Crisis
Sky News 2011, 8:34, Sunday 31 July 2011
Leaders of the US Congress are making a desperate last-minute attempt to compromise on how to raise the country's debt limit so it can afford to pay its bills.
Senate majority leader Harry Reid has postponed until later today a test vote on a Democratic proposal to give more time for White House talks.
President Barack Obama is seeking legislation to raise the government's $14.3 trillion (8.7tn) debt limit by enough to tide the Treasury over until after the 2012 elections.
The House of Representatives passed a Republican-backed bill on Friday to provide a short-term boost - a $900bn (548bn) increase in the debt ceiling.
But two hours later, the legislation was defeated in the Democrat-controlled Senate.
Mr Obama has appealed to Democrats and Republicans to find a way forward before Tuesday.
The country will be unable to borrow money to pay its bills if Congress does not agree to increase the maximum level by then.
Earlier, Senate Republican leader Mitch McConnell said he was confident a deal could be reached in the "very near future" - a claim initially met with scepticism by Mr Reid.
Democrats in control of the Senate previously vowed to block the Republican proposals in favour of a longer-term $2.5 trillion (1.5tn) borrowing limit increase with about $2.2tn (1.3tn) in spending cuts.
Economists have claimed that defaulting on the debt could push the already fragile American economy back into recession.
Mr Obama has said there are "plenty of ways out of this mess" but warned "we are almost out of time".
He warned the US was in danger of losing its AAA credit rating - and this could mean tax rises in the form of higher interest rates on mortgages and credit cards.
Sky's US correspondent Greg Milam said there were "some signs of encouragement" now that talks at the White House were under way.
But he said: "It would still need to get through both houses of Congress and we've already seen that some members of both houses aren't keen on some of the deals that are being talked about.
"But it's progress after 24 hours of some pretty bitter language, each side voting down the other's plan to get through this crisis.
"All the time the clock is ticking and that moment when the US bumps up against its debt ceiling on Tuesday draws ever closer."
dreamcatcher
- 31 Jul 2011 15:38
- 11863 of 81564
..US Debt: Politicians 'Very Close' To Deal
Sky News 23 minutes ago
....Politicians in the US are close to reaching an 11th-hour agreement on a debt deal that could help pay the country's bills.
ABC News reported that negotiators had reached a tentative agreement on a package, but a White House official cautioned that a deal was "not there yet".
However, Republican senator Mitch McConnell told US media that negotiations are "very close" to a deal and he was optimistic of a successful conclusion.
"I think we've got a chance of getting there," he said.
According to ABC news, the deal would raise the debt limit by up to \$2.4 trillion (1.46 trillion) and cut more than \$1 trillion (608bn) in spending over 10 years.
There were also plans for a new congressional panel to recommend additional deficit reductions of more than \$1 trillion.
Senate Majority Leader Harry Reid, a Democrat, had earlier pushed back a key procedural vote on a debt limit plan by 12 hours.
It has allowed additional time for both sides to hammer out details before Asia markets opened.
"There are negotiations going on at the White House now on a solution that will avert a catastrophic default on the nation's debt," Reid said on the Senate floor.
President Barack Obama is seeking legislation to raise the government's \$14.3 trillion (8.7tn) debt limit by enough to tide the Treasury over until after the 2012 elections.
The House of Representatives passed a Republican-backed bill on Friday to provide a short-term boost - a \$900bn (548bn) increase in the debt ceiling.
But two hours later, the legislation was defeated in the Democrat-controlled Senate.
Mr Obama has appealed to Democrats and Republicans to find a way forward before Tuesday.
The country will be unable to borrow money to pay its bills if Congress does not agree to increase the maximum level by then.
Economists have claimed that defaulting on the debt could push the already fragile American economy back into recession.
Mr Obama has said there are "plenty of ways out of this mess" but warned "we are almost out of time".
He warned the US was in danger of losing its AAA credit rating - and this could mean tax rises in the form of higher interest rates on mortgages and credit cards.
Sky's US correspondent Greg Milam said there were "some signs of encouragement" now that talks at the White House were under way.
..
dreamcatcher
- 31 Jul 2011 22:06
- 11864 of 81564
The Americans are a disgrace the way they are hanging this out.
dreamcatcher
- 01 Aug 2011 05:42
- 11865 of 81564
Stocks jump, gold falls on U.S. debt breakthrough
Kevin Plumberg, 3:59, Monday 1 August 2011
SINGAPORE (Reuters) - Stocks rose while gold and the yen dropped on Monday as investors cut safety trades after Washington reached a last-minute deal to escape default, though the top U.S. credit rating could still be downgraded.
After a tense weekend in which rival plans to lift the U.S. borrowing limit were shot down in Congress, U.S. President Barack Obama said leaders from both parties reached a deal to cut the budget deficit by $1 trillion over 10 years, with additional savings of $1.4 trillion possible.
U.S. S&P 500 (SNP: ^GSPC - news) stock futures bounced 1.5 percent in a relief rally, high-yielding currencies such as the Australian dollar and emerging Asian units strengthened, while U.S. Treasuries -- which have maintained their haven status despite being at the centre of the debt ceiling impasse -- slid.
Investors were still on guard, though, since the plan, which will likely come to a vote in Congress on Monday, may not necessarily satisfy Standard & Poor's enough to keep the U.S. triple-A debt rating.
"For the rally to be durable, markets will need more than this downpayment agreement," said Mohamed El-Erian, co-chief investment officer of PIMCO in Newport Beach, California.
"They will look to a more coherent fiscal reform to emerge from the second step and, more generally, for additional measures to remove structural impediments to growth and jobs. Markets will also be asking whether this two-step agreement is sufficient to remove the threat of an S&P downgrade."
RELIEF OVER THE U.S. DEAL...
Japan (NYSE: MCO - news) 's Nikkei (Osaka: ^N225 - news) share average outperformed U.S. stock futures, gaining 1.8 percent , as investors bought back technology-related shares and the weaker yen invited buyers to dive back into major exporters.
"Obama's remarks may be enough for the Nikkei to regain the last three days of losses, but today's gains will likely reflect temporary relief, not solid confidence that all the negative elements in the U.S. economy have been priced in," said Tsuyoshi Kawata, a senior strategist at SMBC Nikko Securities in Tokyo.
The MSCI index of Asia Pacific (Chicago Options: ^RASPUSD - news) stocks outside Japan was up 1.7 percent after falling for the past two sessions, with gains spread out fairly evenly among the sectors with the defensive utilities segment underperforming.
Hong Kong's Hang Seng (HKSE: ^HSI - news) was up 1.5 percent , led by a 1.8 percent rise in HSBC (LSE: HSBA.L - news) after Europe (Chicago Options: ^REURTRUSD - news) 's largest bank said it would sell nearly half of its underperforming U.S. branch network.
The U.S. dollar index, which measures its value against a basket of six other major currencies, was largely unchanged on the day.
The euro weighs heavily in the basket, and so the index reflects deep-seated fears about the fiscal unsustainability for both the United States and the euro zone.
"Avoiding default by the U.S. government is of paramount importance, but investors also need to see a clear path towards deficit reduction that encourages confidence in the U.S. dollar. This is essential if we are to maintain America's AAA rating and encourage long-term investment in the U.S," said U.S. fund manager BlackRock Inc (NYSE: BLK - news) , which oversees $3.6 trillion in assets, in a statement.
The dollar shot up against the yen, hitting 78.00 yen before easing back to 77.63 yen, up 0.3 percent on the day. Traders in Asia had been keeping a close eye on the yen, since the dollar dropped below 77 yen to a four-month low of 76.70 yen on Friday, raising fears of yen-selling intervention by Japanese authorities.
ANXIETY OVER THE EURO ZONE
U.S. Treasury debt futures fell in electronic trading. The 10-year Treasury futures were down 6/32 to 125 16/32, and in the cash market, the benchmark 10-year yield rose four basis points from late Friday in New York (Xetra: A0DKRK - news) to 2.83 percent.
Oil futures also rose with risky assets. U.S. crude futures for September were up $1.19 at $96.89 a barrel, while Brent crude gained $1.17 cents to $118.11.
Gold prices tumbled 0.9 percent to $1,611.89 an ounce, down from a record high of $1,632.30 reached on Friday.
Many investors believe the market focus will shift to the likelihood of a rating downgrade as well as to the structural debt problems afflicting the euro zone.
Throughout last week's increasingly intense showdown in Washington over the U.S. debt ceiling, the spreads of Italian and Spanish bond yields over Germany have been widening sharply, signifying persistent unease that Greece's problem may spread to other European countries.
"Don't forget there's Europe in the background with problems in Italy and Spain," said Natalie Robertson, a commodities analyst at ANZ. "There is still heightened risk aversion in the market and gold will probably be volatile in the next few days."
(Additional reporting by Rujun Shen in SINGAPORE; Editing by Kim Coghill
skinny
- 01 Aug 2011 08:35
- 11866 of 81564
splat
- 01 Aug 2011 08:40
- 11867 of 81564
skinny
- 01 Aug 2011 08:52
- 11868 of 81564
splat
- 01 Aug 2011 08:58
- 11869 of 81564
That's awesome skinny, in the real sense of the word!
mnamreh
- 01 Aug 2011 10:15
- 11872 of 81564
.
Haystack
- 01 Aug 2011 11:40
- 11873 of 81564
Morrissey is refusing to retract controversial comments he made comparing the massacre in Norway to the daily slaughter of animals for fast food outlets, insisting they are morally equivalent.
The staunch vegetarian launched into the rant while onstage in Warsaw, Poland last weekend, just two days after two terror attacks in Oslo plunged the Norwegian nation into mourning.
Before starting his track Meat Is Murder, the former The Smiths star told the crowd, "We all live in a murderous world, as the events in Norway have shown... Though that is nothing compared to what happens in McDonald's and Kentucky Fried S**t every day."
mnamreh
- 01 Aug 2011 11:43
- 11874 of 81564
.
required field
- 01 Aug 2011 13:46
- 11875 of 81564
He is possibly referring to battery hens......in that case he is right.....free range, it has to be for all fast food chains.
skinny
- 01 Aug 2011 13:52
- 11876 of 81564
And that means he is not a complete twat?