tag:blogger.com,1999:blog-57075654526668021432024-02-06T21:21:55.158-06:00Cowboy's Capital Corral"There's No Heavier Burden Than A Great Potential!"
-Charles SchultzCowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.comBlogger46125tag:blogger.com,1999:blog-5707565452666802143.post-83053397307963582832010-11-29T18:40:00.000-06:002010-11-29T18:40:01.190-06:00Quadrillion=10^15. Derivatives?
Remove "millions" from your immediate vocabulary. It’s outdated and no longer has use in political language. “Billions" can also be kept at arm-reach as "trillions" has become the new appropriate, politically-correct and common terminology. And, is there a new 800 lb gorilla about to enter the room - his name is "Quadrillion!" Surprised? Here's how it looks: 1,000,000,000,000,000. And, I don't Cowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.com0tag:blogger.com,1999:blog-5707565452666802143.post-19415592320429419402010-05-02T12:01:00.001-05:002010-05-02T12:01:49.711-05:00Paul sees possible troubling trend with Global Financial System and gold
Ron Paul: I see a development in the Gold market. For years, Gold has acted like commodity and roughly tracked the stock market. Last week, I believe due to major instability in the Eurozone (Greece and Spain), Gold went up and the markets went down, evidence that Gold is acting like a safe haven currency. I'll pay close attention this week, this could spell troubling things for the global Cowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.com8tag:blogger.com,1999:blog-5707565452666802143.post-52775108408254967412010-04-12T22:57:00.000-05:002010-04-12T22:57:55.532-05:00BOMBSHELL – Whistle Blower Comes Forward With Solid Proof The Price Of Gold And Silver Is Being Manipulated By Major Financial Institutions
Once the American people learn how incredibly corrupt the world financial system is, it is going to change everything. The government that we are all trusting to guard the integrity of the financial system is failing to do that job. It turns out that the Commodities Futures Trading Commission has been sitting on solid evidence that the Cowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.com7tag:blogger.com,1999:blog-5707565452666802143.post-74787938798103561462010-04-10T12:48:00.011-05:002010-04-10T21:08:04.398-05:00New Debt: Day after Day, Month after Month"FISCALLY, WE ARE IN UNCHARTED TERRITORY.” — WARREN BUFFETT, BILLIONAIRE, AUGUST 19, 2009
We usually speak of budget deficit in terms of year: In 2009, our country ran a $1.4 trillion deficit, and in 2010, the Congressional Budget Office (CBO) projects that we’ll run a $1.5 trillion deficit. But these budget deficits don’t materialize all at Cowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.com9tag:blogger.com,1999:blog-5707565452666802143.post-71799813519773436782010-04-09T16:14:00.000-05:002010-04-09T16:14:31.494-05:00California leads the way on the US's unsustainability
The first evidence usually comes from CA or NY. This time it's CA. It's about to get the big one, but not an earthquake, though the earth will quake. The state is about to be in bankruptcy - Los Angelos, followed by many others. Detroit is in the same fix. And, it usually takes about six months for the rest of the nation to feel the shakeout from those places (perhaps sooner) and/or with Cowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.comtag:blogger.com,1999:blog-5707565452666802143.post-2339533847516245492009-12-01T01:30:00.004-06:002009-12-01T12:23:48.083-06:00All the GOLD in CHINA?
China may use the Dubai debacle to increase its gold reserves. At least that's what one Chinese official is reported to have said recently.
http://www.reuters.com/article/GCA-Oil/idUSTRE5AT0A220091130
BEIJING (Reuters) - Dubai's debt crisis could be China's opportunity to snap up gold and oil assets, a senior Chinese official said in remarks published on Monday. No Chinese banks have yet Cowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.comtag:blogger.com,1999:blog-5707565452666802143.post-48562076210525468022009-10-23T12:41:00.009-05:002010-11-29T18:35:43.078-06:00Quadrillion=10^15. Derivatives?
Remove "millions" from your immediate vocabulary. It’s outdated and no longer has use in political language. “Billions" can also be kept at arm-reach as "trillions" has become the new appropriate, politically-correct and common terminology. And, is there a new 800 lb gorilla about to enter the room - his name is "Quadrillion!" Surprised? Here's how it looks: 1,000,000,000,000,000. And, I don't Cowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.comtag:blogger.com,1999:blog-5707565452666802143.post-55958906691790660962009-10-21T11:43:00.002-05:002009-10-21T12:08:14.015-05:00China could displace US Dollar dominanceIs the US's last shoe falling?
3 of 3-Part Series on this page:
Last month Marconi’s article here in oil-price.net broke the news of how China was building its crude oil reserves, completing 102 million storage facilities and how the country had a big devaluating pile of dollars.
Well, trusted sources say that China has taken the next step to woo the Arab countries and establish closer Cowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.comtag:blogger.com,1999:blog-5707565452666802143.post-46598966700388259912009-10-15T21:27:00.007-05:002009-10-21T12:08:58.061-05:00A slowboat from ChinaIMF chief renews call for currency reform LINK
NOTE: I've included the link from the IMF to preface this blog. Interesting read.
A slowboat from China
2 of 3-Part Series on this page:
The Chinese will likely have the attitude, "If it ain't broke, don't fix it!" Controlling their currency's valuation, whatever they've done - apparently has worked for them. Huge trade surpluses, largestCowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.comtag:blogger.com,1999:blog-5707565452666802143.post-30525752533138938882009-10-13T02:47:00.013-05:002009-10-21T12:09:34.908-05:00Call it whatever - IT'S STILL A TAX!Pennies for your thoughts, sweat or hard-earned dollars?
1 of 3-Part Series on this page:
We’re in troubled times. I don’t care what the MSM, White House, Capital Hill or the “Messiah-loving” pundits say. They’re wrong. I’ve long since surpassed the idea of partisan blame politics, akin to children in a snowball fight – it’s simply all of them. Those of you that have followed this blogger Cowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.comtag:blogger.com,1999:blog-5707565452666802143.post-80526839421591921692009-10-12T21:18:00.003-05:002009-10-12T21:27:37.877-05:00U.S. to house detained migrants in converted hotels, homesNO JOE, but welcome to FREE HOTELS and HOUSING!
PHOENIX (Reuters) - The United States, criticized for holding illegal immigrants in overcrowded and poorly run jails, on Tuesday announced plans to convert hotels to detain some noncriminal immigrants.
Homeland Security Secretary Janet Napolitano said illegal immigrants ranging from criminals to newly arrived asylum seekers would be held in Cowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.comtag:blogger.com,1999:blog-5707565452666802143.post-39777874385465414562009-10-11T13:56:00.003-05:002009-10-11T15:08:38.024-05:00Lindsey Graham signs on to cap-and-tax; God save us from bipartisanship.HCR - an apt distraction for the serupticious legislative undertow? With the collapse in revenues, does it leave little choice but to massively tax?
GOP Sen. Lindsey Graham has signed on to the Democrats’ massive green redistribution scheme masquerading as a planet-saving, national security-enhancing “energy independence” scheme.
Can John McCain and the rest of the Climate Change Republicans Cowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.comtag:blogger.com,1999:blog-5707565452666802143.post-64063476645438628992009-10-10T18:51:00.002-05:002009-10-10T18:58:00.119-05:00Economic news digest
34 banks, including AIG and CIT, miss their TARP payments – naked capitalism
Consumers deleveraging (1) Revolving credit balances down, but outstanding payments up – Felix Salmon
Consumers deleveraging (2) Non-revolving credit is up – naked capitalism
And, the US starts testing its exit strategy – FT
The dollar rose, in unusual circumstances. Big names in the Obama administration and at Cowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.comtag:blogger.com,1999:blog-5707565452666802143.post-41598201496419444992009-10-10T11:38:00.002-05:002009-10-10T11:41:28.806-05:00Israel to attack Iran if sanctions not in place by Christmas?So much for the "Peace Prize!"
Iran's ambassador to UN demands Security Council take steps against comments made by Ephraim Sneh, who said Israel would attack Iran if sanctions weren't in place by Christmas
Iran's ambassador to the UN, Mohammad Khazaee, sent a letter of protest to UN Secretary-General Ban Ki-moonin which he wrote that "there is no explanation for Israel's continuing threats Cowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.comtag:blogger.com,1999:blog-5707565452666802143.post-66671826605394308112009-10-09T10:59:00.001-05:002009-10-09T14:45:55.339-05:00Resume' building for the POTUSWell, I see that the NPP committee has awarded our pathological narcissist with the Peace Prize - the guy who refused to meet with the Dalai Lama. Very deserving! LOL. The man's empty accomplishments continue to astound! Meanwhile, more and more are losing jobs and the deficit triples to new heights, the dollar keeps plunging and American standards of living continue to tank.
Way to go! A very Cowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.comtag:blogger.com,1999:blog-5707565452666802143.post-76979287033796552972009-10-08T12:59:00.000-05:002009-10-08T12:59:38.745-05:00Gibbs says 1000 troops cost $1,000,000,000 annuallyHe said we don't have unlimited money, that we don't have unlimited troops. Well, that's just terriffic leadership. If that's the case, let's give each of the families of those killed in service to this country $1,000,000. I mean if money is the deal, let's give families that $1,000,000 for their loss and bring the other ones home before they are killed too. Since this administration is not goingCowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.com25tag:blogger.com,1999:blog-5707565452666802143.post-42731817782498646872009-10-08T10:08:00.000-05:002009-10-08T10:08:31.381-05:00Democrats vote to support TAX CHEAT Rangel
Two Mississippi Democrats join Republicans in support of removing Rangel from the powerful Way & Means Committee Chairmanship.
WASHINGTON -- Democrats defeated the latest effort by Republicans to remove Rep. Charles Rangel from his chairmanship of the influential Ways and Means Committee, but couldn't stop Democratic defections in what had been a united party front.
Two Mississippi Cowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.com1tag:blogger.com,1999:blog-5707565452666802143.post-86760570457917279662009-10-08T10:01:00.000-05:002009-10-08T10:01:17.818-05:00The dollar is dead, only awaits burial
It is only fitting on a day where the price of gold hit a new, nominal high that I should discuss the last days of the US dollar as a "reserve currency". An ounce of gold is what it is: the world's oldest and most widely-accepted money. It can never increase (or decrease) in value. Instead, it is the pseudo-money, the paper "fiat currencies" which are currently all plunging steadily downward Cowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.com2tag:blogger.com,1999:blog-5707565452666802143.post-13741731399442453692009-10-08T09:16:00.002-05:002009-10-08T09:18:36.632-05:00Zero Hour - Debt Fails To Add To GDPThis is a very interesting and detailed blog from our friend, Mish, today. Clearly, it shows that the economy is only falsely recovering, despite trillions in printing, borrowing and spending. It's worth the full read.
ZERO HOUR - Debt fails to add to GDP
Further illustrating the notion that it is taking record stimulus just to keep growth going is the YOY growth rate difference betweenCowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.com2tag:blogger.com,1999:blog-5707565452666802143.post-55088073085141334962009-10-05T21:53:00.001-05:002009-10-05T21:59:22.306-05:00"The Messiah" orders federal government to cut emissions
WASHINGTON (Reuters) – President Barack Obama ordered federal agencies on Monday to set a goal within 90 days for cutting their greenhouse gas emissions by 2020, the White House said, aiming to "lead by example" in fighting climate change.
The new executive order, signed by the president, mandates agencies across the federal government to "measure, manage, and reduce greenhouse gas emissions Cowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.com16tag:blogger.com,1999:blog-5707565452666802143.post-23890324567471516322009-10-05T21:13:00.000-05:002009-10-05T21:13:12.286-05:00GOP To Draft Resolution Designed To Oust RangelSources: Dems Discussing Plan To Have Embattled Harlem Congressman Resign So Gov. Paterson Can Run For His Seat
NEW YORK (CBS) ―
Congressional Republicans are again demanding that Congressman Charles Rangel step down as chairman of the House tax writing committee, saying his ethics problems make him the poster boy for institutional arrogance.
Democratic support for embattled Rangel willCowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.com0tag:blogger.com,1999:blog-5707565452666802143.post-70367222735276790272009-10-05T20:46:00.001-05:002009-10-05T20:47:26.946-05:00The demise of the dollar
In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading
Iran announced late last month that its foreign currency reserves would henceforth be held in euros rather than dollars.
In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with Cowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.com3tag:blogger.com,1999:blog-5707565452666802143.post-12421974916437009252009-10-05T12:52:00.001-05:002009-10-05T12:56:11.015-05:00Should Congress Investigate?A new Inspector General report about the first government bank bailout in 2008 finds that then-Treasury Secretary Henry Paulson, Fed Chairman Ben Bernanke and other officials were wrong in declaring that all nine banks receiving the first round of bailout support -- $125 billion -- were sound. Should Congress hold hearings to investigate these findings?
Should Congress hold hearings on the Cowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.com5tag:blogger.com,1999:blog-5707565452666802143.post-6727044281728549962009-10-04T23:34:00.000-05:002009-10-04T23:34:33.613-05:00Risk of deflationary collapse greater now than in 2007.Travakoli on deflation, collapse and derivatives
"Regarding the outlook, my analysis is grim. I am not a doomsayer, I follow the cash, and so far, I’ve been correct, and the government has been wrong. Here’s the situation. We are at greater risk of a total meltdown due to a deflationary collapse than we were in 2007. After the greatest Ponzi scheme in the history of the capital markets, we’ve Cowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.com0tag:blogger.com,1999:blog-5707565452666802143.post-248789615037693072009-10-04T09:45:00.000-05:002009-10-04T09:45:23.567-05:00Further evidence that the US needs a VATCowboyhttp://www.blogger.com/profile/01934974334871560938noreply@blogger.com0