sexy orszag

The Office of Management and Budget Director, 41-year old Peter Orszag, the bespectacled, cowboy boot-wearing, double-chic banging star of the Obama Administration is rumored to plan to resign from his position in a few weeks, 

will apple fall?

Apple climbed as high as $292.76 in intraday trading on the Nasdaq Stock Market, giving it a market value of $267.5 billion, the second-highest company behind Exxon Mobil Corp. By 4 p.m. New York time, Apple slipped to $288.92, putting the company’s value at $263.9 billion, less than PetroChina’s $265.5 billion valuation.

0910

Debt, n.: An ingenious substitute for the chain and whip of the slave-driver.

Ambrose Bierce

If the statistics are right, the Jews constitute but one percent of the human race.

cycles

fasten your belts

Deadline for Israeli Attack link

Volley Championship Drawing

24 September - 10 October 2010. Men. Italy

0810

Lord help me, I'm just not that bright.
Homer Simpson 

X来自未来 ( X from the future)

predicts, that Holland will defeat Spain  2:1

charts

of some shares intrigue ...

0710

There is no worth in that which is not a difficult achievement.
Ovid 

0610

You have brains in your head. You have feet in your shoes. You can steer yourself in any direction you choose. You're on your own. And you know what you know. You are the guy who'll decide where to go.
Dr. Seuss

0510

He who is to be a good ruler must have first been ruled.
Aristotle (384 BC-322 BC)

audcad

ready steady go.

0410

A tyrant must put on the appearance of uncommon devotion to religion. Subjects are less apprehensive of illegal treatment from a ruler whom they consider god-fearing and pious. On the other hand, they do less easily move against him, believing that he has the gods on his side.
Aristotle (384 BC-322 BC)

Politicians and the general

public scare me. Those with the least knowledge have the strongest opinions, and therefore, the most power.

Casablanca - What watch?

-10 watch.
-Such much?

0310

Survive & Thrive Without Killing Your Boss. Instead, make goal-setting a private matter. Start by refocusing energy away from contempt for your Idiot Boss to personal growth and satisfaction.
Dr. John Hoover. How to Work for an Idiot.

Nature is a mutable cloud which is always and never the same.
Ralph Waldo Emerson (1803-1882)

not a financial bubbles

In any decade,

one sector of the financial markets is usually dominant. There is one corner of the financial universe where so much new stuff is happening, and it is of such importance to the rest of the world, that it is far easier for a young, ambitious person to make their mark than anywhere else.
In the 1980s, it was mergers-and-acquisitions deals.
In the 1990s, it was the venture capitalist who backed technology companies, and the bankers who arranged initial public offerings for dot-com companies on the stock market.
In the 2000s, it was hedge funds, along with the derivatives traders that supplied them with products.
But in the 2010s, it will be currency trading.
There are already plenty of signs that the foreign-exchange markets are hotter than a sunny day on Venus.
Deutsche Bank AG reported last month that its currency- trading platform for retail investors had a 40 percent increase in customer numbers in 2009. Ordinary investors clearly see exchange trading as an area of the market they want to be in.
In London, which is the global currency-trading hub, strong growth is also evident. According to a Bank of England study, daily trading volumes rose 13 percent to $1.43 trillion in October compared with April last year. In the U.S., foreign- exchange trading volumes rose 28 percent to $675 billion a day in the six months ended in October, according to a Federal Reserve-affiliated study. Those are impressive numbers. The volume of London trading isn’t quite back to pre-credit crunch levels, but it is getting close.
Debt Crisis
There are several good reasons for expecting currency trading to be the focus for financial markets this decade.

First, the sovereign-debt crisis. Governments took on huge debt to combat the financial meltdown. That didn’t really fix the problem. It just shifted it from one place to another. Now there are doubts about whether nations can service their obligations. The only way the markets can discipline governments, or pass a verdict on their performance, is via the currency markets. However the crisis eventually works out, it is the foreign-exchange markets that will be in the driver’s seat.

Second, the dollar is in long-term decline. Regardless of how well the U.S. recovers, the rise of new economies such as China, Brazil and India means America won’t be the dominant force in the world that it once was. The result? The dollar’s special status is coming to an end. That may be a good thing after some intense volatility as the world adjusts. Again, it is currency traders who will be in control of that transition.

Third, the advent of new reserve currencies. With the dollar on the way down, the world will need something as a reliable store of value. There are plenty of candidates: It might be gold, an International Monetary Fund-sponsored basket of currencies, or a new world currency. Who knows, it could be something nobody has thought of yet. Ultimately it will be foreign-exchange traders who decide what works and what doesn’t. link