Don’t take my word for it, read it for yourself. I’ve noticed a lot of links pertaining to this story are quickly removed from the web. Try searching the web on this story before you can’t find any more info about it from the mainstream media. Below is a very interesting quote I found. Also interesting that Robert Rubin is to act as head the Citi until the prince finds a replacement. wow!!!
“Dubai International Capital, which is owned by the ruler of that booming Persian Gulf city-state, announced earlier Monday that it has acquired a stake of undisclosed size in the Japanese electronics and media company Sony Corp. Its other investments this year included acquiring a 3.12 percent of European Aeronautic Defence & Space Co., which builds Airbus commercial planes and military aircraft. The firm also holds stakes in Daimler AG and British bank HSBC Holdings PLC.
Many companies have welcomed such investments because the funds tend to be stable investors, but some U.S. officials have expressed concern that their acquisitions could target sensitive industries with links to national security.”
Make certain to read my later responses to the initial post. Please comment if you disagree. I’m curious what others think about this issue.
Heres a tidbit about our president Bush who is giving our “”Saudi Friends a nice $20 Billion arms deal package. You really have to wonder if Bush is really an American or just a Saudi lap dog. I like how he tries to slid it through while congress is on break.
http://www.startribune.com/nation/13707396.html
The fact the Bhutto was a Islamic woman with power is of great significance. In order for fundamentalist Islam to adapt the to new millennium they must concede their Draconian attitude toward women. Who knows who actually did the assassination, but one thing is proved by the act. Fundamental Islam will have a difficult time getting any sympathy for their cause after this. Of course they aren’t really looking for any. However, if they were smart they would come out and condemn it.
I don’t want to get into a fight with fundamentalist, so I will stop right here. Here in the US we have two Christians running for president. This act just confirms that we don’t need any religious injections into US politics. Especially if they are of the Latter Day Saints persuasion. People not from the US may not know this obscure cult sect of Christianity. But these people are what the founding fathers warned us against and reinforce the need to maintain a clear separation of church and state. Electing a fundamentalist Christian of any persuasion at this time in our history would be a huge step in the wrong direction. We can all thank the Bush war on terror and the Islamic extremists for this predicament.
I’m curious how badly I pissed you off! Please let me have it! Comment if you dare…
There has been talk that US Exports will increase with the decreasing value of the US dollar. This is a myth, and I’ll tell you why. Very little is manufatured here anymore. Manufacturing has moved to places that have ultra-cheap labor and no environmental laws and regulations. Why would these huge corporations move manufacturing back to the US? The answer is they won’t, it just will not happen.
The best thing that could start happening here in the US in order make the US more competetive is to trade only with countries that have the same or similar environmental standards as the US. If countries don’t meet the standards then the products should not be sold here. Period! I know what your saying… why not just slap a huge tariff onto those products and allow them to come in. Yeah that might seem to be more fair. However, I think it is sending the wrong message. We say we want tougher environmental laws enforced, but we are willing to look the other way as long as your willing to pay a higher tariff. This makes no sense cause the people who profit are the ones collecting the tariff. Everyone else looses. The country of manufacture is stuck with an environmental mess to clean up. To me it makes perfect sense the pay the manfacturer more for the product when it is made to higher environmental standards. But capitalism does not figure these costs in unless the government enforces strong regulations. That is why trading only with counties that have similar standards is the fairest practice.
This approach seems harsh, but it is fair. It is also the right thing to do for everyone involved. The policy will force political changes in countries that would otherwise continue business as ussual. We can no longer ignore the fact that we are not playing a zero sum game. It is kind of like creating trash. We buy food and create trash so we then must pay a trash collector then to take the trash away. It is fair and the right socially responsible thing to do.
Do you agree?
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Chistmas is really about celebrating the birth of Jesus Christ. Enjoy your day! I would like to show my appreciation to every one of you for being my friend. Have a very . . . Merry Christmas!
Ho Ho Ho!!!
As the dollar struggles costs will go up. The price paid for foreign goods will rise and the cost of oil will go up. This may create the perfect storm for the US and world economy. This means you really want to think about where your going to position your business in order to take advantage of this. There will be massive earth shattering changes that could mean really tough times ahead for all. You don’t want to be on the wrong side of this. The winners will stake their claim now. Energy is one place where there is always going be opportunities.
Think about technologies that are in their infancies now. Some areas I still like are GPS mapping, Satellite, and Wireless internet. Try watching Indonesia cause this place is where the future technologies are incubating. Later blooming economies will demonstrate information technologies that are leap-frogging the old systems in favor of things more pragmatic. For instance the cell phone is more available to people then the old hard wired technologies.
Recently congress passed the US Energy bill. The bill makes significant changes to the current US energy policy. Some of the exciting opportunities will come in the requirements for higher EtOH content, and incentives for use of alternate fuels. Darkhorse Energy plans on developing Bio Diesel, EtOH, and other forms of energy. By building strategic partners with people all around the world Darkhorse will try to have a unique energy strategy that will start with a relatively conservative approach then gradually take advantage of Biotechnology research to exploit other opportunities.
In the process of developing technologies for the energy sector there will no doubt be discoveries along the way. Some unexpected discoveries may further profit and expand the business into other sectors of the economy. By remaining creative and flexible Darkhorse plans on building a diversified profitable company.
Did I say anything wrong? Please comment on things that you disagree with.
Why give a hoot about the devaluation of the dollar? If your a foreigner not living in the US you probably are slightly amused by the whole thing. Let’s face it we all have a reason to hate Americans. Since I’m an American I would like to start by distancing myself from the US government on this issue.
The US government is so vested in our fiat currency it will do all the wrong things (in terms of strengthening the dollar), in order try to shore-up the sub prime mortgage mess. What you see them doing is everything possible to powder the noses of your friendly international banker and Wall Street broker at the expense of the US Citizen, who will pay with run away inflation. Yep you heard it here first! We are going to see big time inflation in the US and it isn’t gonna be over for several years. Republican presidential candidate Ron Paul has proposed the only real sensible solution by writing and sponsoring a bill call the “Honest Money Act.” Look into it for yourself because the mainstream media in this country is not going to tell about it. Unless Ron Paul is elected as president next year my dire predictions for the US Dollar will remain in effect and inflation is gonna be the norm for the foreseeable future. Don’t count Ron Paul out as a long shot at this point, I would say he has a better that 50% chance of actually winning the Republican nomination. I say this because let’s face it, the Republicans don’t have anybody else.
We US citizens don’t know what inflation is because in the past we have been insulated from it. Now with the successful roll-out of the Euro the US Dollar is not the only game in town. So your business plan should have a huge European component to it.
The thing the US government should do is regulate the Mortgage industry in favor of fair and fixed contracting. I believe similar regulations need to be in place for the credit card industry. However, Congress is impotent and unwilling to stand up to these international bankers. Why… because they are the US government and they won’t allow it. I would agree that if all your everyday American homeowner had access to an excellent contract lawyer working on their behalf we would not need government regulation. However, we aren’t living in an ideal world and the Amercian home buyer is more concerned with putting a roof over their heads than squabling over line items with their lawyer before signing closing papers. Anyone who has bought a home knows that it is a totally daunting task. The procedure could only be described as an act of religious faith in the banker who is financing the deal for you. We know how difficult it is to have faith in Jesus Christ, imagine trying to have similar faith in your banker. Don’t expect Congress to do the right thing on this, and don’t expect a Lawyer to stick around and be there after you pay his fees. Talk about a great reason to have government regulation.
Now that you know the background situation stay tuned for (Part 2). I hope to eventually get to the part where we can profit from all this mess. Remember, there is always opportunities to make money. Right now focus on Europe. Opening a bank account in Europe would not be a bad start.
http://www.bloomberg.com/apps/news?pid=20601109&sid=azto7U.TmGX0&refer=exclusive
Please comment I would like to know your perspective!
