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    Honda CEO: “Technology can develop as we get nearer the big mistake”

    http://www.thetruthaboutcars.com/honda-ceo-technology-can-develop-as-we-get-nearer-the-big-mistake/ Honda CEO: “Technology can develop as we get nearer the big mistake” By Robert Farago May 23, 2009 God I love Google Translate. Where else can you generate Zen koans like the one...
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    It’s Tee Time. Where Is Everybody?

    =CONTINUED= Those transactions raised possible conflict-of-interest questions, experts in private equity say, because the partnership bought property in developments that were also assets held by private equity funds that Mr. Adler was helping to oversee. Steven N. Kaplan, a professor of...
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    It’s Tee Time. Where Is Everybody?

    Golf is hugely discretionary. I have heard first hand from two golf course owners that personally know that bookings are way down; one owns a golf course in Arizona, and the other in Florida (who happens to be related). It’s Tee Time. Where Is Everybody...
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    The Consequence of Sin - The Cities of Sodom and Gomorrah

    If true, and I know it's speculation, that young lad should have made it his life's mission to assassinate the one who victimized him. Forced sodomy should be a capital crime.
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    Porsche On Verge of Bankruptcy

    This downturn is so severe, no one is untouched. The best run companies in the world, Toyota and Honda included, are seeing unit production cuts of 35% to 47%, which is unbelievable. Honda's new grand plan is to 'hybrid-ize' everything they make, which even the CEO admits, will be a...
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    Letter from a Dodge Dealer

    Binding means binding, period. The U.S. Supreme Court has held, on numerous occasions, that unless there is proof of corruption of the proceedings (as in, one of the arbitrators is bribed or had a conflict - something they check for beforehand), there is no basis to challenge the ruling of an...
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    Here Come the State Bailouts, Starting W/Cali (om top of what they already received)

    Woo Hoo!!! More bailouts!!! Yes!!! F**k responsibility and living within your means!!! That's just a line of bullsheeyat that sounded good when you were in school or at university!!! Do as we say and not as we do!! This is how we really roll...
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    The 'Dollar Is Going to Crash' Crowd Are Oblivious...

    USD = Best in Show over the next decade. The U.S. still does and for a long time will be the consumption train pulling the global economy. The only other country that comes close on a PER CAPITA BASIS is the U.K., but it's one fifth the size of the U.S., and incomes are 74% as much.
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    What will you do to protect yourself against the upcoming destruction of the dollar?

    Susana is the sharpest tool in this shed. I'll go bolder than Susana, however, cuz' that's how I roll. The dollar will be best in show. Granted, the show may be infected with scabies, and the dogs turned into mangy mutts, but it will be best in show nonetheless.
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    The 'Dollar Is Going to Crash' Crowd Are Oblivious...

    You're one step ahead of me if successful; You're a trader. I have the luxury of time. Traders do not. I am extremely bearish on the economy but bullish on the USD. Americans are not spending money. Europe is as deeply infected if not more so than the U.S. The stimulus money being...
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    The 'Dollar Is Going to Crash' Crowd Are Oblivious...

    Exactly. See, everyone else on here (practically) is doom and gloom. I'm a ray of sunshine in a dark and foreboding room.
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    The 'Dollar Is Going to Crash' Crowd Are Oblivious...

    ...to the wisdom of men like Daniel Tenengauzer. http://online.wsj.com/article/SB124289873815142839.html ...To be sure, a bet on the dollar's weakness is a bet on the global economy recovering. The opposite could also hold true. Despite the dollars recent swoon, Banc of America-Merrill...
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    What will you do to protect yourself against the upcoming destruction of the dollar?

    What if other countries print money, also, including the European Central Bank? China already already spending more relative to the size of its economy than the U.S. is...although China's spending is coming out of reserves (which will have to be replenished some day).
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    Letter from a Dodge Dealer

    In most franchisor-franchisee agreements, and in fact, in most COMMERCIAL CONTRACTS of any kind today, there are BINDING ARBITRATION clauses. This is so because of the incredibly high costs associated with litigation. In arbitration, usually a three attorney panel (attorneys who meet the...
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    Russia Dumps the U.S. Dollar for Euro as Reserve Currency

    He sees things that aren't there. I hate what's happening to the U.S. right now, but you'll never find anyone who's more patriotic. Patriotism doesn't mean one turns a blind eye to the most critical problems facing one's country. In fact, it means facing those problems, engaging in debate...
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    •Two Illinois Banks Fail as U.S. Closes Lenders at Fastest Pace in 15 Years

    •Two Illinois Banks Fail as U.S. Closes Lenders at Fastest Pace in 15 Years http://www.bloomberg.com/apps/news?pid=20601087&sid=a42Xg57jVTzM&refer=home Citizens National Bank in Illinois Seized by State Regulators Share | Email | Print | A A A By Margaret Chadbourn and Ari Levy...
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    This Country is run by morons

    Samuel Langhorne Clemens is my all-time favorite American. Did you know that?
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    Fast Money Circle Jerks Urging People to Buy Commodities

    When gas prices hit $3.75 and then $4, U.S. drivers cut back driving the most miles in history - 12 billion miles. This time, U.S. businesses and consumers are even less financially able to pay for increases in costs from everything to gasoline to milk. There are more bankrupt businesses...
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    Wall Street's Crisis Wipes Out Jobs and Pay on Main Street

    Jack Yang's NYC can't be the same one surf inhabits, can it?
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    Wall Street's Crisis Wipes Out Jobs and Pay on Main Street

    Wall Street's Crisis Wipes Out Jobs and Pay on Main Street The contraction in the financial industry may erase $185 billion in wages and profits, or $600 for every man, woman and child in the U.S. The trail of reduced income affects car mechanics, waiters, sports teams, small shopowners...
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