In the beginning, the U.S. government was specifically limited in what it could do. Now, very little remains that it can’t do. But in all matters – big or small…torturing people or taking their money – government leaders must pretend to be acting in the national interest. It’s a low-down, dirty business that usually attracts people of the same sort. People like George W. Bush and Joseph Biden…people with no sense or no principles – or neither. People who don’t know a lie when they hear it or…don’t mind telling one. That’s why we’re sorry to seem Obama in the trade; he seems like such a nice fellow…
January 20th, 2009 | Bill Bonner | 3 comments | Continued Our DR Global Editions: 
Monday, March 22nd, 2010
-
-
The Markets
All Ordinaries 4847.50 -42.60
S&p/asx 200 4830.20 -42.00
Sse Composite Ind 3074.58 +6.83
Gold Mar 10 1107.40 +0.00
Crude Oil Apr 10 80.10 -0.58
Nikkei 225 10824.72 +80.69
DJIA 10741.98 -37.19
S&P 500 1159.90 +0.00
Ftse 100 5617.36 -32.76
2010-03-22 01:36 Most Comments
- Majority of Australians Believe House Prices Will Rise in Next Twelve Months (292)
- A Date for an Aussie House Price Collapse (251)
- Australian Housing More Unaffordable in 2010 (201)
- Australian House Prices Are Severely and Seriously Unaffordable (184)
- Tell Us What Questions You Want Answered in the DR (173)
Search
Archives
-
Recent Comments
-
Nobody that is incorporated globally wants to confront the liquidation. There isn't any sovereign or corporation to call in ...
Ross | 22Mar10 | More -
I'd agree that 40 years is too far ahead, SV. Even ten is a stretch of the imagination.
SV: "...if more ...
Biker Pete | 22Mar10 | More -
SV - yeah maybe, but I'd still rather be on the owning side of the situation.
Dan | 22Mar10 | More -
Alas, the lessons will STILL go unlearned by the financial sector. Every single time they are bailed out or 'too ...
Sambo | 22Mar10 | More -
BP: re: AMP loan. Some drop. State Custodians offer 5.89%, 0.6% cheaper.
Dan: doesn't your scenario actually mean "We'll all be ...
SV | 22Mar10 | More -
The population just hit 22,200,000. It's growing at 2.1% per year. Skill shortages (already looming) will necessitate increased migration, whether ...
Biker Pete | 22Mar10 | More -
Additionally to BP's comment, consider projected population growth, globally and for Australia (approximately doubling in 40 years), and what it ...
Dan | 22Mar10 | More -
OK... take 2005, Shoes. Percentage spent on mortgage: 32.1%. That's 3.1% higher than today's figure of 29%.
My point, subtle ...
Biker Pete | 22Mar10 | More -
@BP Nit picking "specific dates" is pointless...
also depends the figures you want to use the % ranges ...
Stillgotshoeson | 22Mar10 | More -
Troy, 11.000005 century BC. Upon seeing the horse the Trojans replied: "Don't look a gift house in the mouth, Laocoön!"
John | 22Mar10 | More
-
Nobody that is incorporated globally wants to confront the liquidation. There isn't any sovereign or corporation to call in ...
© Copyright The Daily Reckoning Australia & Port Phillip Publishing Pty LTD 2010 All rights reserved.
Port Phillip Publishing Pty Ltd holds an Australian Financial Services License: 323 988. View our Financial Services Guide.
ACN: 117 765 009 ABN: 33 117 765 009
Port Phillip Publishing
Attn: Daily Reckoning Australia
PO Box 899
Braeside
VIC 3195
Tel: 1300 667 481
Fax: (03) 9558 2219