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Old 10-07-2008, 03:05 PM   #26
Swamisalami
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Default Re: October 7th Headlines in the news

Bank ICESAVE in the UK closed
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Old 10-07-2008, 03:08 PM   #27
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Default Re: October 7th Headlines in the news

11 am nyc - everything appears to be the same... same old junk...
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Old 10-07-2008, 03:12 PM   #28
Ampgod
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Default Re: October 7th Headlines in the news

Right now all I'm waiting to see is a stock market crash.
When? Who knows.

As for polotics, I really don't like either candidate.
I, also, dislike the idea of a president at all.


Peace,
Ampgod
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Old 10-07-2008, 03:20 PM   #29
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Default Re: October 7th Headlines in the news

ive been watchin dow it was up 5 pts 30 min ago now its down 44.. 11.20 ny
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Old 10-07-2008, 03:21 PM   #30
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Default Re: October 7th Headlines in the news

Is everyone glossing over this news item? It was announced earlier in the morning, but few details came with the announcement.

Quote:
Fed to buy massive amounts of short-term debt
http://biz.yahoo.com/ap/081007/financial_meltdown.html

Quote:
The Treasury will provide money to the Federal Reserve Bank of New York to support the new program, the Fed said. Fed officials would not say how much but believed it would be substantial. The money would not come from the $700 billion financial bailout President Bush signed into law on Friday.
How much is substantial?



And the
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Old 10-07-2008, 03:21 PM   #31
MartyMcFailure
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Default Re: October 7th Headlines in the news

sorry for double post. i saw this its not being put up at the forefront but http://www.voanews.com/english/2008-10-07-voa17.cfm

we were hoping china would loan us the money to buy this garbage paper but they r ****** apparently. now the fed is 'buying' it. or you could be more accurate and say they are firing up their printing press and shuffle some paper, cook the books and ultimately inflate us up som more

Last edited by MartyMcFailure; 10-07-2008 at 03:48 PM.
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Old 10-07-2008, 03:32 PM   #32
Reveling John
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Question Re: October 7th Headlines in the news

The Fed will buy debt? But the Fed makes our currency. Are they just gonna print up a bunch of money or give huge credits to the banks? WTF does that mean?

What's the difference between the Fed buying debt and the Fed pushing more money/credit into circulation? Currently our money is created through the Fed buying debt (US treasury bonds) to begin with.

Oh, and 1.3 TRILLION?!!! What is that going to do to the value of the dollar?
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Old 10-07-2008, 03:39 PM   #33
Orion Morris
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Default Re: October 7th Headlines in the news

the world is not ending today... i still have to show up for work tomorrow...
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Old 10-07-2008, 03:40 PM   #34
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Default Re: October 7th Headlines in the news

Quote:
Originally Posted by Reveling John View Post
The Fed will buy debt? But the Fed makes our currency. Are they just gonna print up a bunch of money or give huge credits to the banks? WTF does that mean?

What's the difference between the Fed buying debt and the Fed pushing more money/credit into circulation? Currently our money is created through the Fed buying debt (US treasury bonds) to begin with.

Oh, and 1.3 TRILLION?!!! What is that going to do to the value of the dollar?
It appears that they will print a bunch of cash to pay for all of this. More than likely it will weaken the dollar and hyper inflate our economy.
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Old 10-07-2008, 03:46 PM   #35
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Default Re: October 7th Headlines in the news

So many people trying to give predictions about what is going to happen but nothing happens afterall...

So it's true, we do not have any real advantage over all the people who are still in the dark.
Because the problem is that whether you know about what is going on or whether you do not know anything and you are a sheep, you cannot change anything.

None of us here posses a media network to make new propaganda against the governement, so whatever we say or predict, we can't change anything.
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Old 10-07-2008, 03:58 PM   #36
Dominic
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Default Re: October 7th Headlines in the news

Catalyst for change: http://www.youtube.com/watch?v=_XgkeTanCGI
Naomi Wolf speaking about WHAT YOU CAN DO about the recent Coup d'Etat in the United States of America.

(my fourth post about this since early last evening)

This is the most important IMO. The police state is real people WAKE UP!

The secret war in Pakistan isn't looking good.

The buy back of short term debt is bad.

The global economy is not good at all.

Peace
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Old 10-07-2008, 05:35 PM   #37
quest
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Default Re: October 7th Headlines in the news

Quote:
Originally Posted by Brinty View Post
Hey folks, it's already October 7 here in Australia and the only thing that has happened so far that's been alarming is that one of our cats has peed on the kitchen floor. I didn't see it and slipped carrying a plate of hot porridge. I subsequently found that cats do not like being splattered with hot porridge. I wasn't greatly enthusiastic about it either.
are they indigo cats?
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Old 10-07-2008, 06:13 PM   #38
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Default Re: October 7th Headlines in the news

Something extraordinary happened today .
It's all on the " 7th october take it as an opportunity ".
The light is shining there

kindness

mudra
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Old 10-07-2008, 06:22 PM   #39
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Default Re: October 7th Headlines in the news

Quote:
Originally Posted by Brinty View Post
UMT is the new term for GMT. Current local time here in Australia is 11:38 am - this would be 01:38 UMT.
UMT is GMT .. oh i did nt know that .. what does it stand for ..
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Old 10-07-2008, 09:04 PM   #40
Brinty
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Default Re: October 7th Headlines in the news

Quote:
Originally Posted by quest View Post
are they indigo cats?
No, but the atmosphere was at the time.
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Old 10-07-2008, 09:06 PM   #41
Brinty
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Quote:
Originally Posted by izz View Post
UMT is GMT .. oh i did nt know that .. what does it stand for ..
UMT = Universal Metric Time.
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Old 10-07-2008, 09:16 PM   #42
Brinty
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Default Re: October 7th Headlines in the news

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Originally Posted by wolfman View Post
Brinty,

I am here staying next to Milson Point (N Sydney) and its 1.50am in the morning. and nothing is happening either.. I hope you are alright including your cat!!
Well wolfman, it's now 7:11am on the 8th October and everyone is fit and healthy - except for one mouse who was silly enough to get itself into the plastic bin of grain we keep for feeding the willdlife. Both our cats have been occupied with it for the last half hour.
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Old 10-07-2008, 09:25 PM   #43
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Default Re: October 7th Headlines in the news

Hong Kong was closed yesterday, it'll be interesting to see which direction it goes when the markets open...

Fasten your seat belts for today, Short Selling starts again on Market open...
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Old 10-07-2008, 09:36 PM   #44
vytiense
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Default Re: October 7th Headlines in the news

[QUOTE=Dominic;42273]Catalyst for change: http://www.youtube.com/watch?v=_XgkeTanCGI
Naomi Wolf speaking about WHAT YOU CAN DO about the recent Coup d'Etat in the United States of America.

(my fourth post about this since early last evening)


Wow, no WOW, Dominic. You have my attention. I am paying attention and I will not let go of this. Thank you for posting this. It is serious! I cannot stress how serious this is!
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Old 10-07-2008, 09:50 PM   #45
captainlockheed
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Default Re: October 7th Headlines in the news

Well as I sit here the 7th is drawing to a close and we are still here

c'mon peeps the world is not going to end it is changing, no one likes change but it will change go with the flow.
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Old 10-07-2008, 10:01 PM   #46
Brinty
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Default Re: October 7th Headlines in the news

No time, other than "yeterday afternoon" was given for this report . . . . .

http://www.abc.net.au/news/stories/2...08/2384759.htm
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Old 10-07-2008, 10:09 PM   #47
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Default Re: October 7th Headlines in the news

Does anyone now wonder about the predictions for Oct 14th??
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Old 10-07-2008, 10:18 PM   #48
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Default Re: October 7th Headlines in the news

Maybe Brinty will find his cat squatting on his toilet seat with a purring grin aiming straight for the bowl
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Old 10-07-2008, 10:21 PM   #49
ralok_j
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Originally Posted by Reunite View Post
Does anyone now wonder about the predictions for Oct 14th??
Which predictions? The spaceship hovering for a few days?
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Old 10-07-2008, 10:28 PM   #50
Reunite
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Default Re: October 7th Headlines in the news

On a serious note...The Galactic Federation of Light who will visit us with enormous mother ships. How reliable is blossom good child?

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Which predictions? The spaceship hovering for a few days?
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