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Crew announces today that the restricted period pursuant to Canadian securities laws with respect to trades in Canada of the Oslo offering shares issued on December 15, 2008, expires on April 16, 2009 and the shares become free of the restriction on ...

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Crew Gold Corporation: Trading Restriction Lifted on Rights Offering - StreetInsider.com

Corporate news announcement processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. ----- ----- Press Release - 16th April ...

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Trading Restriction Lifted on Rights Offering - Asia Corporate News Network

Giuseppe Felloni has spent 30 years studying and cataloguing the archives of the Banco di San Giorgio On March 2 1408, eight men gathered in the great hall of the Casa di San Giorgio, a trading house on what was then the main street in Genoa, a few ...

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The world’s first modern, public bank - Financial Times

Orthofix International N.V., (NASDAQ:OFIX) (the Company) today announced preliminary results for the first quarter of 2009, indicating that the Company expects to report total revenue of approximately $129.0 million and earnings in the range of $0.14 ...

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Orthofix International Announces Q109 Preliminary Results and Release ... - TradingMarkets.com

HONOLULU (AP) - A Big Island company and its officers were charged with bilking $1.5 million from investors in a Ponzi scheme, the U.S. Commodity Futures Trading Commission announced Wednesday. WeCorp Inc., Chief Executive and President Stuart Jones ...

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Big Island firm charged in Ponzi scheme - MSN MoneyCentral

April 16 (Bloomberg) -- SABMiller Plc , the world’s second- largest brewer, reported sales growth that was less than analysts estimated as demand in emerging markets slumped in the fourth quarter and commodity costs rose. The amount of beer sold in ...

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SABMiller Sales Growth Misses Estimates on Late Slump (Update1) - Bloomberg

NEW YORK -- Goldman Sachs, in another sign that banks may be turning around, beat Wall Street's earnings expectations as it reported a profit of $1.66 billion for the first three months of this year. The bank also said it planned to raise $5 billion ...

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Goldman earns $1.66B in 1Q, beats Street estimates - Raleigh News & Observer

NEW YORK -- Goldman Sachs, in another sign that banks may be turning around, beat Wall Street's earnings expectations as it reported a profit of $1.66 billion for the first three months of this year. The bank also said it planned to raise $5 billion ...

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Goldman $1.66B 1Q earns beat Wall Street estimates - Modesto Bee

NEW YORK -- Goldman Sachs, in another sign that banks may be turning around, beat Wall Street's earnings expectations as it reported a profit of $1.66 billion for the first three months of this year. The bank also said it planned to raise $5 billion ...

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Goldman 1Q earnings surpass Wall Street estimates - The State

As Stockwell Day, Canada’s trade minister, visited China this week some have called for Canada to form a wider and deeper commercial relationship with that country. There are justified concerns that the trade balance has soared in China's favour ...

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Regulation Currency Trading Questions asked

Open Question: Homework help! Economics, not much time left please help!!?

Help on any of them would be greatly appriciated, thanks! 1. What does the international banking system consist of? (Points: 2) A set of tightly enforced capital controls A network of world economic institutions A decentralized set of central and private banks A union of government-run banks and monetary funds 2. What does greater capital mobility mean? (Points: 2) Foreign investment is tightly controlled. Governments impose restricted trade policies. Investment money flows freely around the world. Companies can only profit by investing, not producing. 3. What does the giving of foreign aid involve? (Points: 2) A high-interest loan from the International Monetary Fund The return of natural resources to colonies A gift of money from one government to another government A lasting interest in the receiving country's investment climate 5. How does the IMF use its loans to attempt to control and fix theeconomies of countries that need its help? (Points: 2) By imposing conditionality By promoting infrastructure growth By funding sustainable development By raising and lowering interest rates 6. What is the purpose of the loans made by the World Bank? (Points: 2) To promote sustainable development To stabilize the currency exchange market To generate revenue for the United Nations To get countries to accept free-trade policies 7. The WTO does all of the following except what? (Points: 2) Settle trade disputes Enforce banking regulations Stabilize the global economy Help negotiate trade agreements 9. How can a country respond to a trade embargo? (Points: 2) By pursuing a policy of globalization By seeking other trading partners By developing its infrastructure By imposing a protective tariff No I'm not in Human Geography... And thanks for the help!!  more

Resolved Question: Did you know that a North American Union WILL be created in 2010 (USA CANADA MEXICO)?

The media has been doing a good job of exposing this to a minimum, but it will all be revealed very quickly so there is no protest. The government is going to try to combine the USA, Canada, AND Mexico so that there will be no borders and that we all have the same currency... the AMERO, just like the EURO. I know you probably don't believe me because you never heard of it before but its true... multiple talk shows have tried to expose it (some have been FIRED), even GLENN BECK on CNN said that it WAS real and that the Government is slowly putting it together through little pieces (like the North American Free Trade Agreement, NAFTA). Anyways... what this means is that the United States Constitution will be abolished and new rules and regulations will be created. Is anyone okay with this? I AM NOT!!!!!!! Does it sound safe to abolish the one piece of paper that has ensured safety and equality to America for 100's of years? Do we even know what this means? Another reason I'm against this is because I am against "Globalization" and think the more "Global" the world gets in its affairs and regulations, the more conflict and war will become imminent. http://www.youtube.com/watch?v=hsYz6xwFVTQ  more

Voting Question: Will ending borrowing our own money from the Federal Reserve Bank at interest restore our economy?

THE RON PAUL SOLUTION: "Here's what we HAVE to do to solve the problem," says Paul: "1) Let banks and companies fail if they cannot survive on their own 2) Stop inflating asset prices with government purchases and bailouts 3) End the Trillion dollar annual spending to maintain the US Global Empire 4) Bring all our troops and assets home from around the world 5) End the fractional Federal Reserve banking system that caused the hyper asset inflation through pyramid debt 6) Have the US Treasury take charge of our monetary system and create a non debt based system. Former Asst. Sec. of the Treasury Paul Craig Roberts (one of the few who has bucked the system) agrees with this in general when he writes, "The trillions of dollars in credit default swaps (CDS) should be declared null and void. These 'swaps' are simply bets that financial instruments and companies will fail, and the bulk of the bets are made by people and institutions that do not hold the financial instruments or shares in the companies... There is no reason under the sun for taxpayers to bail out gamblers... "To preserve the dollar's status as reserve currency, a credible policy of reducing both budget and trade deficits must be announced. In the near term the budget deficit can be reduced by $500 billion by withdrawing from Iraq and Afghanistan and by cutting a bloated defense budget that represents the now unattainable goal of US world hegemony. The trade deficit can be significantly reduced by bringing off shored jobs back to America [can't be done without a wholesale changing of the labor, environment and tax regulations that drive companies overseas (as much as lower labor costs]. "This approach to the economic crisis stands in marked contrast with the approach of the gangsters running US economic policy. The gangsters are using the crisis as an opportunity to steal from taxpayers and to finance their misdeeds and exorbitant salaries with Federal Reserve loans. Their shills among economists and the financial press tell the people that the solution is to fatten up the banks with funds so they will resume lending to an over-indebted public that will then return to the shopping malls. This unrealistic approach to a serious crisis indicates a leadership crisis on top of an economic crisis." It's not a leadership crisis in terms of lack of understanding or lack of competence. This is a conspiracy of greed and power. A little review of the nature of this conspiracy is in order.  more

Resolved Question: How will you react when China fulfills many of the dreams of the US founders (please read entirety)?

1. Capable of defending itself and its interests 2. Trade with as many nations as possible, steering clear of any major alliances 3. Democratic Republic (hasn't happened but there are major changes that will come to China as the Chinese middle class grows tremendously and people start demanding more from their government) 4. A government that allows the capitalist free market system to work to its fullest with as little regulation as possible, enough only make sure there is fair competition 5. Gold backed currency (China's central bank is buying up thousands of tons of new gold and has been openly talking about backing their currency with gold from what I understand) 6. China won't be able to get rid of their Central Bank like the founders of the US wanted to do originally because of the problems Britain created in the original colonies of the US relating to fiat money (money with nothing backing it) 7. People are free to make their own decisions and choices, many individual freedoms (this will most likely come with the increase in wealth) 8. Freedom of religion (won't happen for an extremely long time) So, what do you think? How will you react when China fulfills many of the dreams of the US founders (please read entirety) Actually, I would say the authoritarian rule that is in China comes from the amazing OBSESSION (emphasized) with stabilizing the country. It will go away I think after the government feels that the country has stabilized to a certain point. They have many regions which want to become more autonomous: 1. Tibet 2. Xinjiang Province otherwise called East Turkestan otherwise called Uighuristan 3. Mongolia 4. Hong Kong 5. Taiwan It is a free market. Central Government planning does NOT (emphasized) work, it fails every time, Socialism FAILS EVERY TIME (emphasized). The government of China has backed off a great deal on trying to manage China's economy and has instead allowed the capitalist system to work. This is why China is so wealthy currently. Question originally written on and asked on December 29, 2008 Question being rewritten and asked on January 10, 2009  more

Resolved Question: How will you react when China fulfills many of the dreams of the US founders (please read entirety)?

1. Capable of defending itself and its interests 2. Trade with as many nations as possible, steering clear of any major alliances 3. Democratic Republic (hasn't happened but there are major changes that will come to China as the Chinese middle class grows tremendously and people start demanding more from their government) 4. A government that allows the capitalist free market system to work to its fullest with as little regulation as possible, enough only make sure there is fair competition 5. Gold backed currency (China's central bank is buying up thousands of tons of new gold and has been openly talking about backing their currency with gold from what I understand) 6. China won't be able to get rid of their Central Bank like the founders of the US wanted to do originally because of the problems Britain created in the original colonies of the US relating to fiat money (money with nothing backing it) 7. People are free to make their own decisions and choices, many individual freedoms (this will most likely come with the increase in wealth) 8. Freedom of religion (won't happen for an extremely long time) So, what do you think? How will you react when China fulfills many of the dreams of the US founders (please read entirety) Actually, I would say the authoritarian rule that is in China comes from the amazing OBSESSION (emphasized) with stabilizing the country. It will go away I think after the government feels that the country has stabilized to a certain point. They have many regions which want to become more autonomous: 1. Tibet 2. Xinjiang Province otherwise called East Turkestan otherwise called Uighuristan 3. Mongolia 4. Hong Kong 5. Taiwan It is a free market. Central Government planning does NOT (emphasized) work, it fails every time, Socialism FAILS EVERY TIME (emphasized). The government of China has backed off a great deal on trying to manage China's economy and has instead allowed the capitalist system to work. This is why China is so wealthy currently. Question originally written on and asked on December 29, 2008 Question being rewritten and asked on January 10, 2009  more

Resolved Question: How will you react when China fulfills many of the dreams of the US founders (please read entirety)?

1. Capable of defending itself and its interests 2. Trade with as many nations as possible, steering clear of any major alliances 3. Democratic Republic (hasn't happened but there are major changes that will come to China as the Chinese middle class grows tremendously and people start demanding more from their government) 4. A government that allows the capitalist free market system to work to its fullest with as little regulation as possible, enough only make sure there is fair competition 5. Gold backed currency (China's central bank is buying up thousands of tons of new gold and has been openly talking about backing their currency with gold from what I understand) 6. China won't be able to get rid of their Central Bank like the founders of the US wanted to do originally because of the problems Britain created in the original colonies of the US relating to fiat money (money with nothing backing it) 7. People are free to make their own decisions and choices, many individual freedoms (this will most likely come with the increase in wealth) 8. Freedom of religion (won't happen for an extremely long time) So, what do you think? How will you react when China fulfills many of the dreams of the US founders (please read entirety) Actually, I would say the authoritarian rule that is in China comes from the amazing OBSESSION (emphasized) with stabilizing the country. It will go away I think after the government feels that the country has stabilized to a certain point. They have many regions which want to become more autonomous: 1. Tibet 2. Xinjiang Province otherwise called East Turkestan otherwise called Uighuristan 3. Mongolia 4. Hong Kong 5. Taiwan It is a free market. Central Government planning does NOT (emphasized) work, it fails every time, Socialism FAILS EVERY TIME (emphasized). The government of China has backed off a great deal on trying to manage China's economy and has instead allowed the capitalist system to work. This is why China is so wealthy currently. Question originally written on and asked on December 29, 2008 Question being rewritten and asked on January 10, 2009 James K: Well, if that happens, China will retool their factories to support their own population and not the rest of the world. China will then be the single greatest power on Earth. New companies who work for the Chinese people will buy those factories, and foreign companies will be booted out of China. China will be self sustainable.  more

Resolved Question: analysis of this article?

South Korea and the global financial crisis Wed, Dec 3 02:20 AM The Republic of Korea (South Korea) has recently taken proactive measures to cope up with the implications of American financial crisis, which has become global in nature. It is said that all the countries which are closely linked with the American financial system are going to be severely affected by it. Even if Richard Murray, the IMF's Pacific region director, assures that South Korea is much better positioned to weather the current economic downturn, there are apprehensions expressed about the impact of crisis on South Korea. A closer look at the South Korean economic fundamentals makes it obvious that there is more fiction and fewer facts in most of the formulations of doomsday sayers. It is necessary to keep economic fundamentals central to any predictions about the impact of this crisis on South Korea. Basically, some recent problems of the South Korean economy could be attributed to two other reasons, which have no direct correlations with the American financial crisis. The first is an unexpected surge of global oil prices in the mid-2008. Korean expenditure on the import of crude oil reached up to $17.7 billion and it got reflected in increasing current account deficit of the country. As of August 2008, the current account deficit of the country reached around $12.6 billion. However, after the price of crude oil has come down around 30%, there is a strong probability that the current account deficit of Korea would improve significantly. The second source of the problem is unreasonable doubts over the health of the Korean economy. Thus, it is important not to overlook the positive trends to arrive at a more comprehensive understanding of the impact of the crisis on South Korea. It is inappropriate to understand the impact of present crisis on Korea by comparing it with the 1997 financial crisis as both are quite different in their origin and nature. Whereas, the 1997 crisis was a product of domestic financial mismanagement, the present crisis is evidently exogenous in nature. If we compare the economic indicators of South Korea during the 1997 crisis and now, it is obvious that both are quite different. In the first scenario, Korean foreign reserve was only $8.4 billion, but it has now climbed up to $240 billion. In 1997, the South Korean total external debt to foreign reserve was 1,957%, which is now 173% only. In addition, in the 1997 crisis, the South Korean Bank's Non-performing Loans (NPL) ratio was 6% which in now less than 0.6%. Unlike in the 1997 crisis, most of the economic fundamentals of the Korean economy are quite sound. Now, Korea has less than one third of its foreign loans as short-term and it has a comfortable $240 billion of foreign reserves to deal with any unforeseen situation. On the basis of these strong fundamentals, it could be said that though South Korean economy would get affected by the American financial crisis, the effect could not be compared to the 1997 crisis. An export-led South Korean economy would undoubtedly face problem because of the shrinking American and European markets but the North America and EU constitute only 13.3% and 15.1% of the South Korean export market. In contrast, China, Asean, Japan and other countries constitute 22.1%, 10.4%, 7.1%, and 19.1% of Korean export market respectively. Furthermore, the basket of South Korean export is also quite diversified. In the wake of crisis, the South Korean export to the US and EU would get affected, but the crisis would propel South Korea to concentrate more on intra-regional trade and explore new export destinations. It is interesting to mention that the South Korean export to China has grown despite the recent slowdown of China's exports. The South Korean export to China expanded 33.7% in the second quarter of 2008. China has been working to boost its domestic demands and it would be a good opportunity for Korea to capture upcoming market in China. Recently, South Korea, without being unnecessary perturbed by the crisis, has set an ambitious target of increasing its exports to $500 billion by 2009. The doubts about the South Korean external debt, banking and housing sectors are also not sustainable. For example, the external debt is around $420 billion but $152 billion of it is risk-free. Similarly, South Korean banking sector has moderate loan growth in 2008 with a continued low level of delinquency. Also, South Korean banks do not have currency mismatch problem which was there in the 1997 crisis and South Korean housing sector has maintained balanced growth rates supported by robust mortgage regulations in recent years. When there is crisis of faith in market, genuine or imagined, it is the responsibility of the state to intervene and provide assurance about the economic health of the country. South Korean government has taken various proactive steps to curb potential negative fallouts of the crisis. On October 19, the go  more

Resolved Question: How will you react when China fulfills many of the dreams of the US founders (please read entirety)?

1. Capable of defending itself and its interests 2. Trade with as many nations as possible, steering clear of any major alliances 3. Democratic Republic (hasn't happened but there are major changes that will come to China as the Chinese middle class grows tremendously and people start demanding more from their government) 4. A government that allows the capitalist free market system to work to its fullest with as little regulation as possible 5. Gold backed currency (China's central bank is buying up thousands of tons of new gold and has been openly talking about backing their currency with gold from what I understand) 6. China won't be able to get rid of their Central Bank like the founders of the US wanted to do originally because of the problems Britain created in the original colonies of the US relating to fiat money (money with nothing backing it) 7. People are free to make their own decisions and choices, many individual freedoms (this will most likely come with the increase in wealth) 8. Freedom of religion (won't happen for an extremely long time) So, what do you think? How will you react when China fulfills many of the dreams of the US founders (please read entirety) Actually, I would say the authoritarian rule that is in China comes from the amazing OBSESSION (emphasized) with stabilizing the country. It will go away I think after the government feels that the country has stabilized to a certain point. They have many regions which want to become more autonomous: 1. Tibet 2. Xinjiang Province otherwise called East Turkestan otherwise called Uighuristan 3. Mongolia 4. Hong Kong 5. Taiwan Question written on December 29, 2008 Actually, it is a free market. Central Government planning does NOT (emphasized) work, it fails every time, Socialism FAILS EVERY TIME (emphasized). The government of China has backed off a great deal on trying to manage China's economy and has instead allowed the capitalist system to work. This is why China is so wealthy currently. The next step (extremely unfortunate) is to cut the world and the US off from loans, revalue the Yuan at an incredibly higher level and start retooling their factories to allow themselves to have a self sufficient economy and country. This would allow China to be the greatest country EVER with the most powerful army to defend its borders and the most efficient capitalistic economy in the world.  more

Resolved Question: How will you react when China fulfills many of the dreams of the US founders (please read entirety)?

1. Capable of defending itself and its interests 2. Trade with as many nations as possible, steering clear of any major alliances 3. Democratic Republic (hasn't happened but there are major changes that will come to China as the Chinese middle class grows tremendously and people start demanding more from their government) 4. A government that allows the capitalist free market system to work to its fullest with as little regulation as possible 5. Gold backed currency (China's central bank is buying up thousands of tons of new gold and has been openly talking about backing their currency with gold from what I understand) 6. China won't be able to get rid of their Central Bank like the founders of the US wanted to do originally because of the problems Britain created in the original colonies of the US relating to fiat money (money with nothing backing it) 7. People are free to make their own decisions and choices, many individual freedoms (this will most likely come with the increase in wealth) 8. Freedom of religion (won't happen for an extremely long time) So, what do you think? How will you react when China fulfills many of the dreams of the US founders (please read entirety) Actually, I would say the authoritarian rule that is in China comes from the amazing OBSESSION (emphasized) with stabilizing the country. It will go away I think after the government feels that the country has stabilized to a certain point. They have many regions which want to become more autonomous: 1. Tibet 2. Xinjiang Province otherwise called East Turkestan otherwise called Uighuristan 3. Mongolia 4. Hong Kong 5. Taiwan Question written on December 29, 2008 Actually, it is a free market. Central Government planning does NOT (emphasized) work, it fails every time, Socialism FAILS EVERY TIME (emphasized). The government of China has backed off a great deal on trying to manage China's economy and has instead allowed the capitalist system to work. This is why China is so wealthy currently. The next step (extremely unfortunate) is to cut the world and the US off from loans, revalue the Yuan at an incredibly higher level and start retooling their factories to allow themselves to have a self sufficient economy and country. This would allow China to be the greatest country EVER with the most powerful army to defend its borders and the most efficient capitalistic economy in the world.  more

Resolved Question: How will you react when China fulfills many of the dreams of the US founders (please read entirety)?

1. Capable of defending itself and its interests 2. Trade with as many nations as possible, steering clear of any major alliances 3. Democratic Republic (hasn't happened but there are major changes that will come to China as the Chinese middle class grows tremendously and people start demanding more from their government) 4. A government that allows the capitalist free market system to work to its fullest with as little regulation as possible 5. Gold backed currency (China's central bank is buying up thousands of tons of new gold and has been openly talking about backing their currency with gold from what I understand) 6. China won't be able to get rid of their Central Bank like the founders of the US wanted to do originally because of the problems Britain created in the original colonies of the US relating to fiat money (money with nothing backing it) 7. People are free to make their own decisions and choices, many individual freedoms (this will most likely come with the increase in wealth) 8. Freedom of religion (won't happen for an extremely long time) So, what do you think? How will you react when China fulfills many of the dreams of the US founders (please read entirety) Actually, I would say the authoritarian rule that is in China comes from the amazing OBSESSION (emphasized) with stabilizing the country. It will go away I think after the government feels that the country has stabilized to a certain point. They have many regions which want to become more autonomous: 1. Tibet 2. Xinjiang Province otherwise called East Turkestan otherwise called Uighuristan 3. Mongolia 4. Hong Kong 5. Taiwan Question written on December 29, 2008 Actually, it is a free market. Central Government planning does NOT (emphasized) work, it fails every time, Socialism FAILS EVERY TIME (emphasized). The government of China has backed off a great deal on trying to manage China's economy and has instead allowed the capitalist system to work. This is why China is so wealthy currently. The next step (extremely unfortunate) is to cut the world and the US off from loans, revalue the Yuan at an incredibly higher level and start retooling their factories to allow themselves to have a self sufficient economy and country. This would allow China to be the greatest country EVER with the most powerful army to defend its borders and the most efficient capitalistic economy in the world.  more

Resolved Question: How will you react when China fulfills many of the dreams of the US founders (please read entirety)?

1. Capable of defending itself and its interests 2. Trade with as many nations as possible, steering clear of any major alliances 3. Democratic Republic (hasn't happened but there are major changes that will come to China as the Chinese middle class grows tremendously and people start demanding more from their government) 4. A government that allows the capitalist free market system to work to its fullest with as little regulation as possible 5. Gold backed currency (China's central bank is buying up thousands of tons of new gold and has been openly talking about backing their currency with gold from what I understand) 6. China won't be able to get rid of their Central Bank like the founders of the US wanted to do originally because of the problems Britain created in the original colonies of the US relating to fiat money (money with nothing backing it) 7. People are free to make their own decisions and choices, many individual freedoms (this will most likely come with the increase in wealth) 8. Freedom of religion (won't happen for an extremely long time) So, what do you think? How will you react when China fulfills many of the dreams of the US founders (please read entirety) Actually, I would say the authoritarian rule that is in China comes from the amazing OBSESSION (emphasized) with stabilizing the country. It will go away I think after the government feels that the country has stabilized to a certain point. They have many regions which want to become more autonomous: 1. Tibet 2. Xinjiang Province otherwise called East Turkestan otherwise called Uighuristan 3. Mongolia 4. Hong Kong 5. Taiwan Question written on December 29, 2008 Actually, it is a free market. Central Government planning does NOT (emphasized) work, it fails every time, Socialism FAILS EVERY TIME (emphasized). The government of China has backed off a great deal on trying to manage China's economy and has instead allowed the capitalist system to work. This is why China is so wealthy currently. The next step (extremely unfortunate) is to cut the world and the US off from loans, revalue the Yuan at an incredibly higher level and start retooling their factories to allow themselves to have a self sufficient economy and country. This would allow China to be the greatest country EVER with the most powerful army to defend its borders and the most efficient capitalistic economy in the world.  more

Resolved Question: How will you react when China fulfills many of the dreams of the US founders (please read entirety)?

1. Capable of defending itself and its interests 2. Trade with as many nations as possible, steering clear of any major alliances 3. Democratic Republic (hasn't happened but there are major changes that will come to China as the Chinese middle class grows tremendously and people start demanding more from their government) 4. A government that allows the capitalist free market system to work to its fullest with as little regulation as possible 5. Gold backed currency (China's central bank is buying up thousands of tons of new gold and has been openly talking about backing their currency with gold from what I understand) 6. China won't be able to get rid of their Central Bank like the founders of the US wanted to do originally because of the problems Britain created in the original colonies of the US relating to fiat money (money with nothing backing it) 7. People are free to make their own decisions and choices, many individual freedoms (this will most likely come with the increase in wealth) 8. Freedom of religion (won't happen for an extremely long time) So, what do you think? How will you react when China fulfills many of the dreams of the US founders (please read entirety) Actually, I would say the authoritarian rule that is in China comes from the amazing OBSESSION (emphasized) with stabilizing the country. It will go away I think after the government feels that the country has stabilized to a certain point. They have many regions which want to become more autonomous: 1. Tibet 2. Xinjiang Province otherwise called East Turkestan otherwise called Uighuristan 3. Mongolia 4. Hong Kong 5. Taiwan Question written on December 29, 2008 Actually, it is a free market. Central Government planning does NOT (emphasized) work, it fails every time, Socialism FAILS EVERY TIME (emphasized). The government of China has backed off a great deal on trying to manage China's economy and has instead allowed the capitalist system to work. This is why China is so wealthy currently. The next step (extremely unfortunate) is to cut the world and the US off from loans, revalue the Yuan at an incredibly higher level and start retooling their factories to allow themselves to have a self sufficient economy and country. This would allow China to be the greatest country EVER with the most powerful army to defend its borders and the most efficient capitalistic economy in the world.  more

Resolved Question: How will you react when China fulfills many of the dreams of the US founders (please read entirety)?

1. Capable of defending itself and its interests 2. Trade with as many nations as possible, steering clear of any major alliances 3. Democratic Republic (hasn't happened but there are major changes that will come to China as the Chinese middle class grows tremendously and people start demanding more from their government) 4. A government that allows the capitalist free market system to work to its fullest with as little regulation as possible 5. Gold backed currency (China's central bank is buying up thousands of tons of new gold and has been openly talking about backing their currency with gold from what I understand) 6. China won't be able to get rid of their Central Bank like the founders of the US wanted to do originally because of the problems Britain created in the original colonies of the US relating to fiat money (money with nothing backing it) 7. People are free to make their own decisions and choices, many individual freedoms (this will most likely come with the increase in wealth) 8. Freedom of religion (won't happen for an extremely long time) So, what do you think? How will you react when China fulfills many of the dreams of the US founders (please read entirety) Actually, I would say the authoritarian rule that is in China comes from the amazing OBSESSION (emphasized) with stabilizing the country. It will go away I think after the government feels that the country has stabilized to a certain point. They have many regions which want to become more autonomous: 1. Tibet 2. Xinjiang Province otherwise called East Turkestan otherwise called Uighuristan 3. Mongolia 4. Hong Kong 5. Taiwan Question written on December 29, 2008 Actually, it is a free market. Central Government planning does NOT (emphasized) work, it fails every time, Socialism FAILS EVERY TIME (emphasized). The government of China has backed off a great deal on trying to manage China's economy and has instead allowed the capitalist system to work. This is why China is so wealthy currently. The next step (extremely unfortunate) is to cut the world and the US off from loans, revalue the Yuan at an incredibly higher level and start retooling their factories to allow themselves to have a self sufficient economy and country. This would allow China to be the greatest country EVER with the most powerful army to defend its borders and the most efficient capitalistic economy in the world.  more

Resolved Question: How will you react when China fulfills many of the dreams of the US founders (please read entirety)?

1. Capable of defending itself and its interests 2. Trade with as many nations as possible, steering clear of any major alliances 3. Democratic Republic (hasn't happened but there are major changes that will come to China as the Chinese middle class grows tremendously and people start demanding more from their government) 4. A government that allows the capitalist free market system to work to its fullest with as little regulation as possible 5. Gold backed currency (China's central bank is buying up thousands of tons of new gold and has been openly talking about backing their currency with gold from what I understand) 6. China won't be able to get rid of their Central Bank like the founders of the US wanted to do originally because of the problems Britain created in the original colonies of the US relating to fiat money (money with nothing backing it) 7. People are free to make their own decisions and choices, many individual freedoms (this will most likely come with the increase in wealth) 8. Freedom of religion (won't happen for an extremely long time) So, what do you think? How will you react when China fulfills many of the dreams of the US founders (please read entirety) Actually, I would say the authoritarian rule that is in China comes from the amazing OBSESSION (emphasized) with stabilizing the country. It will go away I think after the government feels that the country has stabilized to a certain point. They have many regions which want to become more autonomous: 1. Tibet 2. Xinjiang Province otherwise called East Turkestan otherwise called Uighuristan 3. Mongolia 4. Hong Kong 5. Taiwan Question written on December 29, 2008 Actually, it is a free market. Central Government planning does NOT (emphasized) work, it fails every time, Socialism FAILS EVERY TIME (emphasized). The government of China has backed off a great deal on trying to manage China's economy and has instead allowed the capitalist system to work. This is why China is so wealthy currently. The next step (extremely unfortunate) is to cut the world and the US off from loans, revalue the Yuan at an incredibly higher level and start retooling their factories to allow themselves to have a self sufficient economy and country. This would allow China to be the greatest country EVER with the most powerful army to defend its borders and the most efficient capitalistic economy in the world.  more

Voting Question: What do you think of Braq Obama's latest "first thing I'm going to do" implement austere air pollution laws?

He also said he would declare Carbon Credits as an official currency for Corporations to trade tax free. As soon as Corporations can do business in Carbon Credits most SEC regulations will be antiquated  more

Resolved Question: What do you think of this political platform, what would you add?

NATIONAL UNITY 1. Establish English as national language via Constitutional Amendment. ESTABLISHMENT OF JUSTICE 1. Clarify Federal abortion stance and establish such in US Code. - Legal up to the 15th week, after which the fetus will be granted status as an individual with all associated rights. - Allow stem cell research using any legally obtained fetus. 2. Case law will be revamped to represent the opinion, interpretation, and reference it is. As such it may be used to justify revamping actual US Code to clarify intent or close loopholes. PROVIDING FOR THE COMMON DEFENSE 1. End cold war posturing - Close all US bases on foreign soil. - Reduce overall nuclear arsenal to 3500 warheads. 2. Revamp National Guard / Air Guard / Coast Guard into purely defensive force in alignment with its militia heritage. - Mandatory two year service to be completed between 18th and 30th birthday. Voting privileges connected to service completion. 3. Revamp Army / Navy / Air Force into a retaliatory strike force. - Reduce Navy to eight carrier battle groups. - Restructure Army & Marines into Rapid Strike Force. - Establish nuclear arsenal as front line deterrent to attack. 4. End entangling alliances such as the UN, NATO, etc. 5. Initiate comprehensive individual treaties with any and all nations and establish non-interventionist policy. 6. Establish Barbary Pirates policy as the official means of dealing with piracy and terrorism, extending Congressional power to prosecute offenders here and abroad. 7. Streamline both the immigration process, but also the work visa process to allow easier access to legal immigration. 8. Prosecute illegal immigration: - Transporting illegal aliens into the country, knowingly hiring illegal aliens, knowingly providing shelter or housing to illegal aliens will be classified as a Class C felony. - Illegal aliens will not be eligible for any public support. - Medical professionals and organizations will be restricted from treating illegal aliens except in life or death situations. Any illegal aliens seeking treatment are to be turned over to the authorities. - A constitutional amendment that establishes that a child born in the US, but lacking at least one parent with legal status, will not be granted automatic citizenship. PROMOTING THE GENERAL WELFARE 1. Establish voluntary participation National Health Insurance Program. - Promote State level financial aid program with coverage up to a family of four. - Government regulated, non-profit managed. - Built in standards to promote competition. - Pricing on a per person basis. - Not employer specific. - Medical professionals are not required to care for those not demonstrating an ability to pay. 2. Transition Unemployment Assistance program to State level. 3. Transition Disability Assistance program to State level. 4. Establish comprehensive educational program. - Constitutional amendment granting Congress authority to establish minimum educational criteria, leaving management in the hands of the States. - Schools will be ranked at county, state, and Federal levels. - Funding follows students. - Parents can opt for either public or private schools. 5. Establish Federal educational program for military service members. 6. Push for State programs to assist the poorest citizens in acquiring a higher education. 7. Eliminate all other Federal charity programs. - States are advised to initiate charity programs as they deem appropriate and as their Constitutions allow. MAINTAINING LIBERTY 1. Legalize unions between consenting adults, including same sex and polygamy. Religious institutions will not be required to conduct services or even recognize unions counter to their system of belief. 2. Constitutional amendment to clarify separation of church and state / metaphysical neutrality in government affairs. 3. Enforce Bill of Rights and eliminate unconstitutional prior restraint laws. - Establish strict penalties when abuse of rights infringes on others. 4. Legalize the use of any chemical substance by an adult. - Establish severe punishments when the abuse of chemical substances places the health and/or lives of others in danger. 5. Minimize regulations on business / commerce. 6. Promote balanced free trade. - Restrictions will be matched to counter actions taken by partner nation as may unfairly affect trade, such as artificially controlling currency values or tariffs. TAXES: 1. Establish Flat Federal Income Tax - Offer one standard deduction equal to minimum wage x 2080. - Offer retirement investment deduction. - Offer small business expense deduction (limited use). - Eliminate all other deductions. 2. Promote simplified State Tax Program: - Flat Income Tax (similar to Federal Income Tax) - Simplified property tax based on flat value assigned per square foot of land area occupied. - Licensing / Permit fees used to charge only those using the services in question. 3. Eliminate all ot What would you change? NOTE: This is of course a bullet list as YA won't allow a 15 page document to be uploaded :) Erick: What points do you disagree with? Why? Princess K: As far as the mandatory service goes, that is really based on whether or not you want the privilege of voting. Note this service is in the defensive national guard, not the regular military. Our Founders said defense of this country is the duty of every citizen and if you were unwilling to do so, we neither want nor ask for your council. Istainjaa: You pay for the voluntary health care. The program is based on using the buying power of an entire state to create a lower price structure, much like a larger company can get lower rates than my little business with 10 employees. Currently the Federal government supports unemployment. Federal charity is unconsititutional. Malcolm Equis: I've sent you an email to help clarify since my response is to long winded for an "edit". Erick: It is a Federal insurance program you pay into. Actually our proposal uses non-profit insurance providers that bid for States. So technically the federal government only outlines the minimum program requirements and monitors performance - the providers do the rest. Federal charity is unconstitutional, so any assistance programs would have to exist at the State level. Pampoulmouse: The 15th week was selected based on the development cycle of a fetus. During the 15th - 18th weeks the fetus develops a cerebral cortex, which allows an individual consciousness to form and therefore the possiblity of emotional harm develops. Prior to that it is little more than a growth. James L: I do not support isolationism. I do support non-interventionism. The internal affairs of another nation are not our concern, and we should respect their national sovereignty if we expect them to respect ours. Trade is the key to diplomacy. Most of our current issues on the world stage evolved from interference and maintaining a cold war military structure. Bad ideas. My attitude is we will leave you alone until you give us a valid reason not to. Then we should punish you for it. Spock for Prez: 1. Why the need to add the bit about transfer of custody? We already have systems in place to allow adoption of a foreign child. My neighbors just adopted a Russian baby. 2. How does your marriage amendment protect liberty? 3. Interesting thoughts on the religion issue. Wyomugs: 1. Yes. Yes I expect that if you are going to log into Yahoo Answers, at whatever time you choose to do so, that you will be able to comprehend the questions posted there - regardless of their depth. Considering I posted this closer to 1am in my time zone, at 11:50 you should be rested and ready to go. 2. Yes. Yes I know the agenda set forth here is hard. Does the fact that something is hard make it less worthwhile to do? Where would we be if our Founders had said, "Revolution is hard, we probably shouldn't."? How many doctors would we have if they said,"Meical school is hard, I think I'll quite before I start."? Those who focus on the obstacles never see the goal. 3. No. I am not a Libertarian, but I am an individualist. I'm certainly not a Democrat or Republican. I support the Constitution and the political ideals of our Founding Fathers, but I'm not a Constitutionalist - to much church and state. 4. Are you saying I'm right-wing or you are?  more

Resolved Question: Help me for my American History class?

Select the best answer and write the proper letter in the space provided. __ 1. Among the important changes brought about by the American revolution was a.the abolition of slavery in all states . b.a strong movement toward equality of property rights. c.The increasing separation of church and state. d.Full equality and voting rights for women ___ 2. A major new political innovation that emerged in the revolutionary era was A. the election of legislative representative representatives capable of voting on Taxation B. the shifting of power from legislative to the executive branch in the government. C. the idea of a written constitution drafted by the convention and ratified by direct Vote of the people D. the regulation of land sales by the courts. ___ 3. Despite the revolutions emphasis on human rights and equality, the founding fathers failed to abolish slavery because A.they saw it was necessary to maintain American power B.they feared black rebellion if slavery would be removed C.of their political fear that a fight over slavery would destroy fragile national unity D.none of them believed that slavery was wrong ___ 4. The ideal of “republican motherhood” that emerged from the American Revolution held that A.women should be rewarded politically for having helped established the American republic B.women had special responsibility to cultivate the “civic virtues” of republicanism in their children C.the government should establish social services to help mothers raise their children D.mothers should be granted full political and economic rights in American republic ___ 5. In the new state constitutions written after the revolution, the most powerful branch of government was A.the legislative branch B.the executive branch C.the judicial branch D.the military branch ___ 6. One way the American independence actually harmed the nation’s economic fortunes was by A.ending all British trade and investment in America B.abolishing the stable currency system that had existed under the empire C.cutting off American trade with the British empire D.weakening manufacturing efforts begun under the British ___ 7. Attempts to establish strong governments in post-revolutionary America were seriously hindered by A.the lack of strong leadership available in the new nation B.the revolutionary ideology that preached natural rights and suspicion of all governments authority C.the hostility of the clergy toward the idea of separation of church and state D.the fear that a strong government would suppress economic development ___ 8. The primary political obstacle to the formation of the first American government under the Articles of Confederation was A.disputes among the jealous states over control of western states B.disagreement over relative power of congress and the executive branch C.conflict over the right congress to regulate trade and manufacturing D.conflict over slavery between northern and southern states ___ 9. The greatest weakness of the government under the Articles of Confederation was that A.it was unable to deal with the issues of western lands. B. it had no power to regulate commerce or collect taxes from the sovereign states. C. it had no power to establish relations with foreign governments. D .The legislative branch was unable to cope with the powerful executive branch ___ 10 the Northwest Ordinance of 1787 provided that A.the states should retain permanent control over western lands B.money from the sale of western lands should be used to promote manufacturing C.after sufficient population growth, western lands could be organized and then join the union as states D.the settlers in the northwest could vote on whether or not they should have slavery ___ 11. Shays rebellion contributed to the movement for a new constitution by A.demonstrating the desire of western farmers for a strong government to assist them. B.raising the fear of anarchy and disorder among wealthy conservatives. C.raising the prospect of British and French interference in American domestic affairs. D.demonstrating the Northwest Ordinance had failed to resolve western land issues. ___ 12. Besides George Washington, the most influential figures in the Constitutional Convention included A.Alexander Hamilton, Daniel Shays, and John Hancock B.Thomas Jefferson, Patrick Henry, and Thomas Paine C.John Adams, Abigail Adams, and Governor Morris D.Benjamin Franklin, James Madison, and Alexander Hamilton ___ 13. The ”Great Compromise” in the Constitutional Convention provided that A.the House of Representatives would be elected by the people and the Senate by state legislatures. B.the large states would be taxed on the basis of population and the small states on territory C.there would be separation of powers between the executive and legislative branches  more

Resolved Question: Do you agree with the theory that George W. Bush is responsible for the current economic crisis?

Do you agree with this: BUSH ADMINISTRATION responsible for 2008 FINANCIAL CRISIS -------------------------------------------------------------------------------- I see a lot of politicians and forum members pointing fingers at who was responsible for the 2008 Financial Crisis we are currently experiencing. The answer is really simple. THE BUSH ADMINSTRATION! Bush selected the Board of Governors at the Federal Reserve. The Federal Reserve Governors are responsible for Banking Oversight. The below quotes are found here: Federal Reserve System - Wikipedia, the free encyclopedia Quote: Private banks elect members of the board of directors at their regional Federal Reserve Bank while the members of the Board of Governors are selected by the President of the United States and confirmed by the Senate. Quote: The Board of Governors is the part of the Federal Reserve System that is responsible for supervising the private banks. A general description of the types of regulation and supervision involved is given by the Federal Reserve:[11] The Board also plays a major role in the supervision and regulation of the U.S. banking system. It has supervisory responsibilities for state-chartered banks that are members of the Federal Reserve System, bank holding companies (companies that control banks), the foreign activities of member banks, the U.S. activities of foreign banks, and Edge Act and agreement corporations (limited-purpose institutions that engage in a foreign banking business). The Board and, under delegated authority, the Federal Reserve Banks, supervise approximately 900 state member banks and 5,000 bank holding companies. Other federal agencies also serve as the primary federal supervisors of commercial banks; the Office of the Comptroller of the Currency supervises national banks, and the Federal Deposit Insurance Corporation supervises state banks that are not members of the Federal Reserve System. Some regulations issued by the Board apply to the entire banking industry, whereas others apply only to member banks, that is, state banks that have chosen to join the Federal Reserve System and national banks, which by law must be members of the System. The Board also issues regulations to carry out major federal laws governing consumer credit protection, such as the Truth in Lending, Equal Credit Opportunity, and Home Mortgage Disclosure Acts. Many of these consumer protection regulations apply to various lenders outside the banking industry as well as to banks. Members of the Board of Governors are in continual contact with other policy makers in government. They frequently testify before congressional committees on the economy, monetary policy, banking supervision and regulation, consumer credit protection, financial markets, and other matters. The Board has regular contact with members of the President’s Council of Economic Advisers and other key economic officials. The Chairman also meets from time to time with the President of the United States and has regular meetings with the Secretary of the Treasury. The Chairman has formal responsibilities in the international arena as well. Quote: Preventing asset bubbles The board of directors of each Federal Reserve Bank District also have regulatory and supervisory responsibilities. For example, a member bank (private bank) is not permitted to give out too many loans to people who cannot pay them back. This is because too many defaults on loans will lead to a bank run. If the board of directors has judged that a member bank is performing or behaving poorly, it will report this to the Board of Governors. This policy is described in United States Code, Title 12, Chapter 3, subchapter 7, section 301:[23] Each Federal reserve bank shall keep itself informed of the general character and amount of the loans and investments of its member banks with a view to ascertaining whether undue use is being made of bank credit for the speculative carrying of or trading in securities, real estate, or commodities, or for any other purpose inconsistent with the maintenance of sound credit conditions; and, in determining whether to grant or refuse advances, rediscounts, or other credit accommodations, the Federal reserve bank shall give consideration to such information. The chairman of the Federal reserve bank shall report to the Board of Governors of the Federal Reserve System any such undue use of bank credit by any member bank, together with his recommendation. Whenever, in the judgment of the Board of Governors of the Federal Reserve System, any member bank is making such undue use of bank credit, the Board may, in its discretion, after reasonable notice and an opportunity for a hearing, suspend such bank from the use of the credit facilities of the Federal Reserve System and may terminate such suspension or may renew it from time to time. To me, it looks like the oversight LAWS WERE IN PLACE, and the Federal Reserve Governo If Bush hadn't let gas prices get so out of hand we would all have $300-$500 more to spend each month to stimulate the economy. You guys are blaming Clinton? He left us with a surplus. Bush will leave us with the biggest deficit we've ever seen. Bush spent all our money and robbed us blind at the pump.  more

Resolved Question: Why is the Australian Dollar being hammered so much?

Of all western economies, the Australian economy is one of the strongest at the moment. In the last two share trading days, our shares only fell 1.6% each day, while the rest of the world has been in freefall. Our government is in surplus, yet still spending big to keep the economy chugging away. The expected growth over the next year is 2.3%. Thanks to some foresighted regulation, our banks are on solid ground, with the four main ones holding a AA rating (of only 13 banks in the world that retain that rating). Our interest rates are still a healthy 6%, and the government has guaranteed deposits in banks. And yet our currency has lost 40% of its value in the last month. That makes it worse than Iceland, which is on the verge of catastrophe, and only Zimbabwe has been worse off. Admittedly, the Australian dollar was a bit over-valued to begin with, but it now is more undervalued than it was overvalued. So why is it being hit so hard?  more

Voting Question: Forex regulations in morocco?

In morocco u r only allowed to buy stuff using foreign currency at a max of 2000USD a year. As for investing it is only allowed for businesses. Can an individual trade forex from morocco and if so how will he do so.  more

Resolved Question: Question about Forex market in India?

I'm interested in doing forex trading in India, because I think the capital market there is pretty stable and people have good discretionary income. However, my understanding is that RBI strongly regulates the forex market partially because it is afraid of possible currency manipulations by large institutions. And since it is possible to have a very high leverage in this market, people could lose a lot of money without enough prudence, and the government is aware of this, trying to control the forex market to a certain extent. So my question is, how much does the Indian government want to control the forex market, and what kind of rules and regulations regarding the forex trading and the relevant market are put forth by RBI? Are there any available websites or documents pertinent to the foreign exchange market in India I can take a look at?  more

Resolved Question: specific info on Bangladesh plz?

Need each info from two time periods: 1980-1990 & recent, within the last 5 years 1.Long run economic growth a.Income and poverty b.The main engine of growth: capital, labor or total factor productivity? c.Research and development d.Infrastructure and institutions 2.Business Cycles a.Recessions and booms: frequency, duration and severity 3.Trade a.Free trade or tariffs? b.Trade blocks: regional trade arrangements and multilateral trade regulation 4.Labor Markets a.Labor Force i.Unemployment ii.Labor force participation rate iii.Real wage iv.Outsourcing and/or off-shoring to/from this country 5.Exchange rates a.Exchange rate regimes (fixed, flexible and other arrangements) b.Currency crisis: reasons, timings c.The involvement of large economic institutions in this countries economic decisions (IMF, WorldBank) 6.Monetary Policy a.The role of central bank b.Monetary policy c.Priorities, if any, which the central bank puts on inflation and the unemployment  more

Resolved Question: Ron Paul's economic plan, have you seen it or read it?

America became the greatest, most prosperous nation in human history through low taxes, constitutionally limited government, personal freedom and a belief in sound money. We need to return to these principles so our economy can thrive again. When enacted, my plan will provide both short-term stimulus and lay the groundwork for long-term prosperity. Other candidates talk a lot about stimulus packages, but my record stands alone. I have fought for these measures for years as a member of Congress and will make them a top priority as president. Ron Paul, a 10-term Republican Congressman from Texas's 14th District, is currently the ranking member of the House Financial Services Committee's Subcommittee on Domestic and International Monetary Policy, Trade, and Technology. He has been named "Taxpayers' Best Friend" for 10 consecutive years by the National Taxpayers' Union. Ron Paul is also the author of several books on monetary policy and economics. The Four-Point Plan Tax Reform: Reduce the tax burden and eliminate taxes that punish investment and savings, including job-killing corporate taxes. Spending Reform: Eliminate wasteful spending. Reduce overseas commitments. Freeze all non-defense, non-entitlement spending at current levels. Monetary Policy Reform: Expand openness at the Federal Reserve and require the Fed to televise its meetings. Return value to our money. Regulatory Reform: Repeal Sarbanes/Oxley regulations that push companies to seek capital outside of US markets. Stop restricting community banks from fostering local economic growth. 1. Tax Reform Eliminate Taxes on Dividends and Savings. The basis of capitalism is savings, and Americans who do so should be rewarded. Pass HJ Res. 23 to encourage savings over consumption. Repeal the Death Tax. Attacking small businesses and breaking up family farms smothers growth and kills jobs. Pass H.R. 2734 to make the Bush tax cuts permanent. Cut Taxes for Working Seniors. Grandmothers and grandfathers working to make ends meet should keep all the fruits of their labor. Pass H.R. 191 to amend the Internal Revenue Code of 1986 to repeal the inclusion in gross income of Social Security benefits. Eliminate Taxes on Social Security Benefits. That money belongs to seniors, not the government. They paid into the system for a lifetime, and they should be free to spend every penny as they see fit. Pass H.R. 192 to amend the Internal Revenue Code of 1986 to repeal the 1993 increase in taxes on Social Security benefits. Accelerate Depreciation on Investment. We need to help companies grow and create jobs. Pass H.R. 4995 to amend the Internal Revenue Code of 1986 to reduce corporate marginal income tax rates. Eliminate Taxes on Capital Gains. Investment should be embraced and rewarded. Pass H.J. Res 23 (The “Liberty Amendment”), proposing an amendment to the Constitution of the United States relative to abolishing personal income, estate, and gift taxes and prohibiting the United States Government from engaging in business in competition with its citizens. Eliminate Taxes on Tips.The single parents and working students who earn their income chiefly through tips deserve to keep all of their money. This tax on "estimated income" is unfair and should be ended. Pass H.R. 3664 to amend the Internal Revenue Code of 1986 to provide that tips shall not be subject to income or employment taxes. Support the Mortgage Cancellation Relief Act. Working families who lost their homes should not be punished a second time with a big IRS bill. Pass H.R. 1876 to amend the Internal Revenue Code of 1986 to exclude from the gross income of individual taxpayers discharges of indebtedness attributable to certain forgiven residential mortgage obligations. 2. Spending Reform Reduce Overseas Military Commitments. Our bases and troops should be on our soil. It's time to stop subsidizing our trading partners in Europe, Japan and South Korea. Freeze Non-Defense, Non-Entitlement Spending at Current Levels I vote against all bloated, pork laden spending bills and will veto them as president. 3. Monetary Policy Reform Televise Federal Open Market Committee Meetings. An institution as powerful as the Federal Reserve deserves full public scrutiny. Expand Transparency and Accountability at the Federal Reserve Pass H.R. 2754 to require the Board of Governors of the Federal Reserve System to continue to make available to the public on a weekly basis information on the measure of the M3 monetary aggregate and its components. Return Value to Our Money. Legalize gold and silver as a competing currency. Level the long-term boom and bust business cycle by passing H.R. 4683, which would repeal provisions of the federal criminal code relating to issuing coins of gold, silver, or other metal for use as current money and making or possessing likenesses of such coins. 4. Regulatory Reform Repeal Sarbanes/Oxley. It has seriously wounded our capital markets and helped make the UK a financial center at our expense. Ending these misguided regulations would bring jobs flooding back to the United States Pass H.R. 1049 to reform Sarbanes-Oxley and reduce the burden it places on small businesses. Repeal or Remove Costly and Unnecessary Federal Regulations. Neighbors know best how to help their neighbors. We need to make it easier for community banks, credit unions, and other financial institutions to better serve their communities and to help people in these communities get access to credit and capital. Pass H.R. 1869 to enhance the ability of community banks to foster economic growth and serve their communities, boost small businesses, increase individual savings, and for other purposes.  more

Resolved Question: Ron Paul's economic plan, have you seen it or read it?

America became the greatest, most prosperous nation in human history through low taxes, constitutionally limited government, personal freedom and a belief in sound money. We need to return to these principles so our economy can thrive again. When enacted, my plan will provide both short-term stimulus and lay the groundwork for long-term prosperity. Other candidates talk a lot about stimulus packages, but my record stands alone. I have fought for these measures for years as a member of Congress and will make them a top priority as president. Ron Paul, a 10-term Republican Congressman from Texas's 14th District, is currently the ranking member of the House Financial Services Committee's Subcommittee on Domestic and International Monetary Policy, Trade, and Technology. He has been named "Taxpayers' Best Friend" for 10 consecutive years by the National Taxpayers' Union. Ron Paul is also the author of several books on monetary policy and economics. The Four-Point Plan Tax Reform: Reduce the tax burden and eliminate taxes that punish investment and savings, including job-killing corporate taxes. Spending Reform: Eliminate wasteful spending. Reduce overseas commitments. Freeze all non-defense, non-entitlement spending at current levels. Monetary Policy Reform: Expand openness at the Federal Reserve and require the Fed to televise its meetings. Return value to our money. Regulatory Reform: Repeal Sarbanes/Oxley regulations that push companies to seek capital outside of US markets. Stop restricting community banks from fostering local economic growth. 1. Tax Reform Eliminate Taxes on Dividends and Savings. The basis of capitalism is savings, and Americans who do so should be rewarded. Pass HJ Res. 23 to encourage savings over consumption. Repeal the Death Tax. Attacking small businesses and breaking up family farms smothers growth and kills jobs. Pass H.R. 2734 to make the Bush tax cuts permanent. Cut Taxes for Working Seniors. Grandmothers and grandfathers working to make ends meet should keep all the fruits of their labor. Pass H.R. 191 to amend the Internal Revenue Code of 1986 to repeal the inclusion in gross income of Social Security benefits. Eliminate Taxes on Social Security Benefits. That money belongs to seniors, not the government. They paid into the system for a lifetime, and they should be free to spend every penny as they see fit. Pass H.R. 192 to amend the Internal Revenue Code of 1986 to repeal the 1993 increase in taxes on Social Security benefits. Accelerate Depreciation on Investment. We need to help companies grow and create jobs. Pass H.R. 4995 to amend the Internal Revenue Code of 1986 to reduce corporate marginal income tax rates. Eliminate Taxes on Capital Gains. Investment should be embraced and rewarded. Pass H.J. Res 23 (The “Liberty Amendment”), proposing an amendment to the Constitution of the United States relative to abolishing personal income, estate, and gift taxes and prohibiting the United States Government from engaging in business in competition with its citizens. Eliminate Taxes on Tips.The single parents and working students who earn their income chiefly through tips deserve to keep all of their money. This tax on "estimated income" is unfair and should be ended. Pass H.R. 3664 to amend the Internal Revenue Code of 1986 to provide that tips shall not be subject to income or employment taxes. Support the Mortgage Cancellation Relief Act. Working families who lost their homes should not be punished a second time with a big IRS bill. Pass H.R. 1876 to amend the Internal Revenue Code of 1986 to exclude from the gross income of individual taxpayers discharges of indebtedness attributable to certain forgiven residential mortgage obligations. 2. Spending Reform Reduce Overseas Military Commitments. Our bases and troops should be on our soil. It's time to stop subsidizing our trading partners in Europe, Japan and South Korea. Freeze Non-Defense, Non-Entitlement Spending at Current Levels I vote against all bloated, pork laden spending bills and will veto them as president. 3. Monetary Policy Reform Televise Federal Open Market Committee Meetings. An institution as powerful as the Federal Reserve deserves full public scrutiny. Expand Transparency and Accountability at the Federal Reserve Pass H.R. 2754 to require the Board of Governors of the Federal Reserve System to continue to make available to the public on a weekly basis information on the measure of the M3 monetary aggregate and its components. Return Value to Our Money. Legalize gold and silver as a competing currency. Level the long-term boom and bust business cycle by passing H.R. 4683, which would repeal provisions of the federal criminal code relating to issuing coins of gold, silver, or other metal for use as current money and making or possessing likenesses of such coins. 4. Regulatory Reform Repeal Sarbanes/Oxley. It has seriously wounded our capital markets and helped make the UK a financial center at our expense. Ending these misguided regulations would bring jobs flooding back to the United States Pass H.R. 1049 to reform Sarbanes-Oxley and reduce the burden it places on small businesses. Repeal or Remove Costly and Unnecessary Federal Regulations. Neighbors know best how to help their neighbors. We need to make it easier for community banks, credit unions, and other financial institutions to better serve their communities and to help people in these communities get access to credit and capital. Pass H.R. 1869 to enhance the ability of community banks to foster economic growth and serve their communities, boost small businesses, increase individual savings, and for other purposes.  more

Resolved Question: what is purpose of proprietary trading desks and how to start one ?

Is the sole purpose of proprietary trading desks trading equities and futures and performing arbitrages based soley on profits which can be achieved better by a group of traders using firm's money. How do these firms attract money and from particular who ? Corporations hedging their positions in commodity or currency ? What is the cost and regulation to start a prop desk? What would be a requirement for you to join a prop desk in Canada ?  more

Resolved Question: Does the following economic plan look good?

1. Tax Reform * Eliminate Taxes on Dividends and Savings. The basis of capitalism is savings, and Americans who do so should be rewarded. o Pass HJ Res. 23 to encourage savings over consumption. * Repeal the Death Tax. Attacking small businesses and breaking up family farms smothers growth and kills jobs. o Pass H.R. 2734 to make the Bush tax cuts permanent. * Cut Taxes for Working Seniors. Grandmothers and grandfathers working to make ends meet should keep all the fruits of their labor. o Pass H.R. 191 to amend the Internal Revenue Code of 1986 to repeal the inclusion in gross income of Social Security benefits. * Eliminate Taxes on Social Security Benefits. That money belongs to seniors, not the government. They paid into the system for a lifetime, and they should be free to spend every penny as they see fit. o Pass H.R. 192 to amend the Internal Revenue Code of 1986 to repeal the 1993 increase in taxes on Social Security benefits. * Accelerate Depreciation on Investment. We need to help companies grow and create jobs. o Pass H.R. 4995 to amend the Internal Revenue Code of 1986 to reduce corporate marginal income tax rates. * Eliminate Taxes on Capital Gains. Investment should be embraced and rewarded. o Pass H.J. Res 23 (The “Liberty Amendment”), proposing an amendment to the Constitution of the United States relative to abolishing personal income, estate, and gift taxes and prohibiting the United States Government from engaging in business in competition with its citizens. * Eliminate Taxes on Tips.The single parents and working students who earn their income chiefly through tips deserve to keep all of their money. This tax on "estimated income" is unfair and should be ended. o Pass H.R. 3664 to amend the Internal Revenue Code of 1986 to provide that tips shall not be subject to income or employment taxes. * Support the Mortgage Cancellation Relief Act. Working families who lost their homes should not be punished a second time with a big IRS bill. o Pass H.R. 1876 to amend the Internal Revenue Code of 1986 to exclude from the gross income of individual taxpayers discharges of indebtedness attributable to certain forgiven residential mortgage obligations. 2. Spending Reform * Reduce Overseas Military Commitments. Our bases and troops should be on our soil. o It's time to stop subsidizing our trading partners in Europe, Japan and South Korea. * Freeze Non-Defense, Non-Entitlement Spending at Current Levels o I vote against all bloated, pork laden spending bills and will veto them as president. 3. Monetary Policy Reform * Televise Federal Open Market Committee Meetings. An institution as powerful as the Federal Reserve deserves full public scrutiny. * Expand Transparency and Accountability at the Federal Reserve o Pass H.R. 2754 to require the Board of Governors of the Federal Reserve System to continue to make available to the public on a weekly basis information on the measure of the M3 monetary aggregate and its components. * Return Value to Our Money. Legalize gold and silver as a competing currency. o Level the long-term boom and bust business cycle by passing H.R. 4683, which would repeal provisions of the federal criminal code relating to issuing coins of gold, silver, or other metal for use as current money and making or possessing likenesses of such coins. 4. Regulatory Reform * Repeal Sarbanes/Oxley. It has seriously wounded our capital markets and helped make the UK a financial center at our expense. o Ending these misguided regulations would bring jobs flooding back to the United States o Pass H.R. 1049 to reform Sarbanes-Oxley and reduce the burden it places on small businesses. * Repeal or Remove Costly and Unnecessary Federal Regulations. Neighbors know best how to help their neighbors. o We need to make it easier for community banks, credit unions, and other financial institutions to better serve their communities and to help people in these communities get access to credit and capital. o Pass H.R. 1869 to enhance the ability of community banks to foster economic growth and serve their communities, boost small businesses, increase individual savings, and for other purposes.  more

Resolved Question: Attention trained economist......?

How do they do it? How do people trade currency and make the value go up and down, surely, someone is making a profit when one day the US dollar falls down the spout? Who forces the currency up and down...? The national bankers…? Say could these people one day buy up a lot of currency and then make it go down the spout and profit greatly by this… What sort of regulation protects citizens from this kind of abuse/fraud?  more

Resolved Question: Congress is speeding down the road to ruin with trade protectionism and a raft of untimely tax hikes?

Seventy-seven years ago, members of Congress erected a tariff wall aimed at protecting American business concerns. The result was a stock market crash followed by drastic retaliatory tariffs and a shutdown of the global trading system. The 1932 Revenue Act made matters worse by massively raising marginal tax rates on domestic incomes. These blunders set the stage for the Depression and world war that followed. Current members of Congress appear to have let their history books collect dust: A raft of anti-China currency and tariff legislation is now widely supported by both political parties as the exigencies of political grandstanding subvert the ideals of sound policy. At the same time, Chinese government officials have threatened to dump some of the government’s $1 trillion in U.S. Treasury securities if Congress continues its currency bashing and tariff threats. This fiscal folly couldn’t come at a worse time. Financial markets have been reeling over the last several weeks as hedge funds deleverage from wrong-way bets on mortgage products. It certainly doesn’t help matters that a tone-deaf Congress, led by a bi-partisan coalition of the economically obtuse, is attempting to advance legislation that would raise tax rates on investment companies as part of a “fix” for the alternative minimum tax (AMT). Has anyone in Congress ever stopped to contemplate why London has once again become the financial capital of the world? Perhaps it has something to do with the fact that the rest of the world is lowering corporate tax rates and trying to moderate regulations while the U.S. is stuffing Sarbanes-Oxley down the throat of its businesses. If that weren’t bad enough, the 2001-03 tax cuts on incomes and capital are essentially on the chopping block, set to expire in several years time unless Congress and the president act to extend them. The current Congress isn’t disposed to extending the tax cuts, while online futures trading points to a Democrat sweep in 2008. In other words, there’s a high probability that tax rates are going up. Some politicians argue that the current anti-trade sentiment has been driven by wage inequality and poor income growth, “tax cuts for the rich,” and high energy and food prices for the poor. But the data refute this. Personal income has grown at an average pace of 6.2 percent since 2004, despite large swings in reported GDP growth; personal income is up 6.1 percent year-over-year as of June, right in line with the average of the last few years. And thanks to a low unemployment rate and a tight labor market, real non-supervisory wages are growing faster today than they were at this stage of the last cycle (1.6 percent vs. 1.3 percent, year-over-year). In fact, low-end (non-supervisory) real wages have grown at about twice the pace for this cycle compared to the first 23 quarters of the last expansion. A broader measure of real non-financial compensation per hour also shows superior wage growth during this cycle (1 percent per annum average vs. a 0.3 percent per annum average at this stage of the last cycle). So to call this a “wage-less” expansion is utter nonsense, despite the fact real GDP growth has averaged 2.7 percent per annum this cycle versus a superior 3.3 percent average at this stage of the last cycle. Attention protectionist stooges: Since the implementation of NAFTA in 1994, real non-supervisory wages have grown at an average pace of 1.2 percent per annum, triple the 1971-2007 average of 0.4 percent per annum. Inflation-adjusted household net worth has jumped $22.2 trillion since NAFTA was implemented while non-farm payrolls have increased by 24.9 million. Manufacturing output, far from falling, actually stands at a record high, and is up 62 percent since 1994. Undoubtedly some have been left behind by the global economy. But free trade, China, and Wal-Mart for that matter have dramatically increased the standard of living for most people, just as protectionism, a trade war, tax hikes on investment and work, and the absence of Wal-Mart would sink living standards for most people. While the global boom continues on the back of pro-growth policies around the world, Congress is speeding down the road to ruin with trade protectionism and a raft of untimely tax hikes. It’s time to take a detour and think about the hugely anti-growth consequences of turning our backs on the global economy and pro-growth tax policy.  more

Resolved Question: Politicians and their Illusion of Power? Take a look a give your opinion:?

http://www.mises.org/story/1396  more

Resolved Question: What is TILMA and how does it relate to the Security and Prosperity Partnership (SPP) and NAU?

TILMA is the Trade Investment & Labour Mobility Agreement, a trade agreement a la NAFTA (North American Free Trade Agreement), with millions of dollars in penalties for government regulations--even health and environmental--which 'impair' profits of business interests. TILMA was not debated in the legislatures of BC and Alberta; it fits in with the SPP and NAU (North American Union). TILMA is being urged on other provinces and states. The SPP is a non-legislated way of creating the de facto union of Canada, US and Mexico. It puts in place regulations which override our constitutional rights. There is even a currency, the 'amero.' In effect these interlocking, behind-closed-doors agreements diminish our democratic rights in favour of corporate rule over many aspects of our lives. Voting will become less relevant and control of our lives will be--where it can really matter--effectively out of our hands. 'Of the people, by the people, for the people,' could soon be only a memory.  more

Resolved Question: Isn't this GOOD news??? I'm SO GLAD!!?

11 states oppose North American Union Eagle Forum working with legislators to halt globalists' plans -------------------------------------------------------------------------------- Posted: March 9, 2007 1:00 a.m. Eastern © 2007 WorldNetDaily.com Eleven states are working on resolutions that would oppose not only the implementation but the idea of a "North American Union," or other plans that would lead to the integration of the United States into a larger structure. "Americans are rapidly learning the new vocabulary of the globalists," Phyllis Schlafly of Eagle Forum told WND, "and they don't like it." While President Bush, many members of Congress, and Bush administration bureaucrats deny there are plans for a North American Union, under the Security and Prosperity Partnership of North America, those in state legislatures are taking no chances. (Story continues below) Already, 11 states have introduced resolutions to oppose the SPP, the NAU, and even the idea of the amero, a proposed currency that could be used to replace the dollar. The resolutions also typically oppose the creation of North American Free Trade Act superhighways along the model of the Trans-Texas Corridor, the car-truck-train-pipeline corridor that is four football-fields wide and is being built parallel to Interstate 35 from Laredo, Texas to the border with Oklahoma, south of Oklahoma City. Schlafly told WND that those lawmakers, and their constituents, are reacting against a wide range of concepts and structures being generated by the increasing pace of the integration of North America they see under the Bush administration. "That's why state legislators are responding with resolutions criticizing a 'North American Community,' SPP, 'harmonization' of regulations, NAFTA superhighways, foreign-owned toll roads, totalization of Social Security, and speculation about the amero," Schlafly explained. "The groundswell is growing against measures that lead to 'economic integration' with other countries." Schlafly also has joined with Howard Philips of the Conservative Caucus to create an organization specifically opposing the NAU and NAFTA superhighways. "Phyllis Schlafly is doing a magnificent job leading the charge to oppose the North American integration at the state level," Phillips told WND. "Once again, we see the genius of Eagle Forum being able to communicate a message throughout America in terms that mobilize voters to take action." American University Professor Robert Pastor Robert Pastor is an American University professor who is using his book, "Toward a North American Community," to promote the development of a North American union as a regional government and the adoption of the amero as a common monetary currency to replace the dollar and the peso. The resolutions are typically worded to oppose, in addition to SPP and the NAU, the construction of NAFTA Superhighways and the creation of the Amero as a North American unitary currency.  more

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