Lower taxes so business can succeed. On Oct 4, 10:04 am, Hollywood <[EMAIL PROTECTED]> wrote: > lew, > > That wasn't the fucking question posed to you, was it? You were the > one raining praise on your heroic Gov. Palin. Back up your statements. > > On Oct 4, 9:46 am, "[EMAIL PROTECTED]" <[EMAIL PROTECTED]> wrote: > > > > > How is Barack "Empty Suit" Obama going to deal with the countrys' > > financial problems? > > > He has a 46 year record of doing nothing for anybody except himself. > > > On Oct 4, 8:33 am, Frank <[EMAIL PROTECTED]> wrote: > > > > How is the cowgirl going to deal with this problem? Consult her witch- > > > doctor perhaps? > > > > Commodities crumble weekly loss worst in 50 years > > > October 4, 2008 - 9:27AM > > > Gasoline, silver and corn drove commodities to their biggest weekly > > > decline in more than five decades on concern that a $US700 billion > > > ($900 billion) financial rescue plan won't prevent a US recession, > > > dragging down global demand. Futures measured by the Reuters/ > > > Jefferies CRB Index of 19 raw materials tumbled 10% this week, the > > > most since at least 1956. President George W. Bush signed a > > > financial- > > > company rescue bill into law today in a bid to stave off a US > > > recession as manufacturing weakened and the Labor Department said > > > employers cut the most jobs in five years in September. > > > Crude oil fell. ``Panic, risk aversion and liquidation of contracts > > > are characterizing the oil market as well as many other markets at > > > the > > > moment,'' said Thina Saltvedt, a Nordea Bank AB analyst in Oslo. > > > ``Prices are not only being set by fundamentals, but fears of how > > > crises in the financial sector may spread to other parts of the > > > economy.'' Crude oil slid 12% this week, the most since December > > > 2004. The contract for November delivery slipped 9 cents, or 0.1%, to > > > settle at $US93.88 a barrel on the New York Mercantile Exchange, > > > after > > > touching $US91.30 earlier, the lowest in two weeks. The price fell > > > later in the day. > > > The UBS Bloomberg Constant Maturity Commodity Index of 26 raw > > > materials fell 10%, the most ever, amid skepticism that the financial > > > rescue plan won't do enough to stimulate economic growth and demand > > > for commodities. UBS AG, the European bank hardest hit by the credit > > > crisis, said today it scaled down its commodities business and cut > > > jobs, retaining only the precious-metals operations, the commodity > > > indexing unit, and exchange-traded commodity derivatives trade. > > > `Demand destruction' ``If global equity markets continue to trend > > > lower, they should remain the overwhelming force and most commodities > > > are likely to suffer as demand destruction and economic contraction > > > become paramount,'' Michael McGlone, a director in commodity indexing > > > at Standard & Poor's in New York, said today in a report. > > > Copper rose in New York, capping five straight declining sessions, > > > while it still fell 13% for the week, the worst slide since at least > > > 1988. Futures for December delivery climbed 6.25 cents, or 2.4%, to > > > $US2.69 a pound on the Comex division of the Mercantile Exchange. > > > ``There are three commodities I watch for weakness: steel, iron ore > > > and copper and all continue to weaken,'' said Daniel Brebner, > > > executive director of commodity research at UBS AG in London. ``The > > > news flow is likely to continue to push those commodities in the same > > > direction over the near term.'' > > > Employers eliminated 159,000 jobs last month, the Labor Department > > > said, 51% more than the median 105,000 forecast by economists in a > > > Bloomberg News survey. The jobless rate held at a five-year high of > > > 6.1%, matching forecasts. > > > Commodities `under pressure' > > > A ``very weak'' non-farm payrolls number could see commodities > > > ``remain under pressure,'' Walter de Wet, a Standard Bank Group Ltd. > > > analyst in Johannesburg, said in an e-mailed comment late yesterday. > > > Commodities also fell as the euro slumped 5.8% against the dollar, > > > the > > > biggest one-week drop since the 15- nation currency was created in > > > 1999, on signs that Europe's economy is slowing. Manufacturing > > > contracted in the U.K. at the fastest pace in 16 years last month, > > > while European retail sales fell an annual 1.8% rate in August and > > > France slipped into a recession in the third quarter, the first in 15 > > > years. > > > Under the rescue law signed by President Bush today, companies can > > > sell illiquid assets to the government. The plan was designed to > > > unclog credit markets rocked by record home foreclosures and to > > > contain the spreading financial crisis. > > > Gasoline futures for November delivery fell 2.67 cents, or 1.2%, to > > > settle at $US2.2283 a gallon in New York, capping a 16% plunge for > > > the > > > week, the most since at least 2005. > > > Silver futures for December delivery rose 20 cents, or 1.8%, to > > > $US11.32 an ounce in New York, rebounding from a 13% drop yesterday. > > > The metal still fell 16% for the week, the most since March. > > > Corn futures for December delivery were unchanged at $US4.54 on the > > > Chicago Board of Trade. Most-active futures fell 16% for the week, > > > the > > > most since June 1986. > > > Bloomberg News > > > On Oct 4, 11:31 pm, Frank <[EMAIL PROTECTED]> wrote: > > > > > Its like eulogizing over a turd. Sarah Palin is a backward, ignorant > > > > neanderthal that consults god every morning, while supporting the war > > > > in Iraq. > > > > > You people are brain dead red neck hicks. > > > > > [EMAIL PROTECTED] wrote: > > > > > October 04, 2008 > > > > > By James Lewis > > > > > americanthinker.com > > > > > > It's Frontier Woman vs. Metrosexual Chic! Hold your breath -- who is > > > > > going to win this clash of the archetypes? This is not just a matter > > > > > of style -- Frontier Woman triggers a host of very real American > > > > > associations -- self-reliance, strong family bonds, courage in the > > > > > face of danger, moral strength, independent thinking. > > > > > > On the other side, Metro Chic has its own hold on our Effete Elites. > > > > > It all comes down to the Western Enlightenment versus Metro > > > > > Socialism. > > > > > > Sarah Palin is a mythic figure out of the American imagination. That > > > > > why she scares the Effetes and Corruptocrats. She's John Wayne and > > > > > Annie Oakley all rolled into one. Governor Palin is America's > > > > > Everywoman, who faced and defeated the Corruptocrats in Alaska. Now > > > > > she is heading up Main Street along with maverick John McCain, the > > > > > Arizona sheriff, as the comfortable townsfolk are hiding scared under > > > > > their beds. > > > > > > And that big cattle baron on the hill? He's sneakily trying to > > > > > undermine and destroy the Girl Deputy. He controls the newspapers and > > > > > spreads vicious rumors, just his usual way of doing business. That's > > > > > the meaning of the Credit "Crisis" and the packed hog sausage Congress > > > > > just made, supposedly to save us from the Fraud Crisis. We have just > > > > > seen the cover ripped off an open Washington DC secret --- the blatant > > > > > ongoing exploitation by Democrats of Freddie and Fannie Home Fraud, > > > > > which you and I will be paying for, for years to come. > > > > > > Nothing could better symbolize the clash between our values and > > > > > theirs. There's Franklin Raines, the 90 million dollar slickster, who > > > > > told Congress a few years ago that Fannie and Freddie just made free > > > > > money. Home loans carried no risk! Just open the spigot and it's beer > > > > > and hog bellies for everybody. > > > > > > Would you buy a used buggy whip from these guys? From Barack Obama's > > > > > "home mortgage advisor" Jim Johnson? From Barney Frank's boyfriend at > > > > > Fannie? > > > > > > But it's not just the F & F Fraud; it's the phony oil crisis, the > > > > > global warming hyper-scam, the constant purchase of cheap Leftie votes > > > > > from the poor, unfortunate and easily suckered, the vicious Eternal > > > > > Establishment at CIA and Treasury, plus the foreign Rogues Gallery in > > > > > North Korea, Iran and Russia, and lastly our cowardly "allies" in > > > > > Europe, all topped off with an endless flow of media lies... > > > > > > You name it, it all comes down to another mythic metaphor --- the > > > > > stinking Augean Stables of Washington, DC. In Greek myth it took > > > > > Hercules to divert a river to wash out the Stables. We could use a few > > > > > fresh Alaska snowstorms to help out here. The Potomac River is way too > > > > > polluted. > > > > > > But the Corruptocrats can see Mac the Sheriff and Sarah the Deputy > > > > > walking up Main Street, and they've been taking potshots over and over > > > > > again. They've been at it for a long time, enough to make old Sheriff > > > > > Bush nearly helpless after eight years of daily abuse. > > > > > > Is help finally on the way? > > > > > > You'll see the bullets flying hot and heavy in the last four weeks > > > > > before November 4. Get ready to duck and weave, and answer them back > > > > > if you can get a clear shot. > > > > > > Vote to Save the West on November 4. > > > > > > That's "West" as in "Western Civilization." > > > > > > It's all going to come down to you. > > > > > > Which side are you on?- Hide quoted text - > > > > - Show quoted text -- Hide quoted text - > > > - Show quoted text -- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum
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