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View Poll Results: should this float until we have a political forum or stick it a while for education

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  • stick for others to learn

    6 60.00%
  • float to the bottom we know it all

    4 40.00%
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Results 31 to 35 of 35

Thread: OT: Regarding the current economic situation...

  1. #31
    Join Date
    Jun 2004
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    Melbourne, Australia
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    Quote Originally Posted by repenttokyo View Post
    300 miles? Dude the country is wider than that!
    "...A recent study on food miles in Australia found a typical shopping basket has travelled some 70,803 kilometres to reach Melbourne..."

    http://www.abc.net.au/rural/features/locavore/

    1990 E34 535iA, 215,000kms (130,000 miles).
    Dual Climate, Rear Headrests, Rollerblind, M-Tech Wheel,
    Memory Seats, EAT Chip, T-Stars.

  2. #32
    Join Date
    Jun 2004
    Location
    Melbourne, Australia
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    1990 E34 535iA, 215,000kms (130,000 miles).
    Dual Climate, Rear Headrests, Rollerblind, M-Tech Wheel,
    Memory Seats, EAT Chip, T-Stars.

  3. #33
    Join Date
    Mar 2006
    Location
    East Brunswick, New Jersey
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    879

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    I watched portions of the congressional enquiry during lunch. I thought the Congressmen were being extremely nice to him. In my view I don't care that much about the $500m salary. That is chump change compared to the credit default swaps which is the root of the problem of the current financial crisis. I did not hear anyone ask Fuld any questions about CDS. Perhaps I missed it. I hope tougher questions will be asked in the ensuing days of the enquiry. The CDS is a $60 some trillion problem stifling the credit market $700 billion may ot may not make a dent.

    We are only seeing the beginning of a severe economic downturn because of this. It is going to be a bumpy ride. I suspect many people will not have a job. Not on Wall Street, on Main Street.
    '01 540it, 6/01
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  4. #34
    Join Date
    Dec 2006
    Location
    Montreal
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    Quote Originally Posted by pundit View Post
    "...A recent study on food miles in Australia found a typical shopping basket has travelled some 70,803 kilometres to reach Melbourne..."

    http://www.abc.net.au/rural/features/locavore/

    ...which is why I don't live in Australia. that and the spiders.

  5. #35
    Join Date
    Jun 2004
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    Melbourne, Australia
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    AIG executives live it up days after bailout

    There appears to be a pattern here..."I'm a high flying Wall Street Executive. It's my God given right to make obscene incomes using other people's money then have the taxpayer bail me out when it all ****s up. And after the taxpayer bails me out I'll go and live it up at a resort why the average Joe goes down the toilet. If you gotta problem with that then go **** yourselves you pathetic snivelling tax payers."

    1990 E34 535iA, 215,000kms (130,000 miles).
    Dual Climate, Rear Headrests, Rollerblind, M-Tech Wheel,
    Memory Seats, EAT Chip, T-Stars.

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