Trading Financial Questions and Answers



Open Question: Is one of the problems with cap & trade is that they really don't have alternatives available?

What is Cap and Trade? The goal: To steadily reduce carbon dioxide and other greenhouse gas emissions economy-wide in a cost-effective manner. The cap: Each large-scale emitter, or company, will have a limit on the amount of greenhouse gas that it can emit. The firm must have an “emissions permit” for every ton of carbon dioxide it releases into the atmosphere. These permits set an enforceable limit, or cap, on the amount of greenhouse gas pollution that the company is allowed to emit. Over time, the limits become stricter, allowing less and less pollution, until the ultimate reduction goal is met. This is similar to the cap and trade program enacted by the Clean Air Act of 1990, which reduced the sulfur emissions that cause acid rain, and it met the goals at a much lower cost than industry or government predicted. The trade: It will be relatively cheaper or easier for some companies to reduce their emissions below their required limit than others. These more efficient companies, who emit less than their allowance, can sell their extra permits to companies that are not able to make reductions as easily. This creates a system that guarantees a set level of overall reductions, while rewarding the most efficient companies and ensuring that the cap can be met at the lowest possible cost to the economy. The profits: If the federal government auctions the emissions permits to the companies required to reduce their emissions, it would create a large and dependable revenue stream. These financial resources could be used to achieve critical public policy objectives related to climate change mitigation and economic development. The federal government can also choose to “grandfather” allowances to the polluting firms by handing them out free based on historic or projected emissions. This would give the most benefits to those companies with higher baseline emissions that have historically done the least to reduce their pollution. What Would a Successful Cap-and-Trade Program Look Like? The goal: To limit the rise in global temperature to approximately 2.0 degrees Celsius (3.6 degrees Fahrenheit) above pre-industrial levels by 2050 by reducing carbon dioxide and other emissions from companies as part of a larger plan for curbing global warming. The cap: To achieve this goal, the U.S. government should steadily tighten the cap until emissions are reduced to 80 percent below 1990 levels by 2050. Businesses would have to obtain permits entitling them to emit a certain quantity of carbon dioxide or its equivalent in other greenhouse gases. All permits would be auctioned off by the government. Emissions permits in the near term would likely fall in the range of $10 to $15 per metric ton of carbon dioxide or its equivalent. The trade: Companies unable to meet their emissions quotas could purchase allowances from other companies that have acquired more permits than they need to account for their emissions. The cost of buying and selling these credits would be determined by the marketplace, which over time would reduce the cost of trading the credits as trading becomes more widespread and efficient. The profits: Initial estimates by the Congressional Budget Office project that an economy-wide cap-and-trade program would generate at least $50 billion per year, but could reach up to $300 billion. Approximately 10 percent of this revenue should be allocated to help offset costs to businesses and shareholders of affected industries. Of the remaining revenue, approximately half should be devoted to help offset any energy price increases for low- and middle-income Americans that may occur as a result of the transition to more efficient energy sources. The other half of the remaining revenue should be used to invest in renewable energy, efficiency, low-carbon transportation technologies, green-collar job training, and the transition to a low-carbon economy. Some resources should also be invested in the energy, environment, and infrastructure sectors in developing nations to alleviate energy poverty with low-carbon energy systems and help these nations adapt to the inevitable effects of global warming. Revenues from the permit auction would essentially be “recycled” back into the economy to facilitate the transition to an efficient, low-carbon energy economy and ensure that consumers are not unduly burdened by potentially higher energy costs. Now here is the problem: Coal which is the worst polluter provides about 1/2 of our electricity which means those power plants either have to convert to some other power source or buy carbon credits which of course they will pass the cost onto the consumer. Solar & wind power which is the cleanest only provides about 5% of our power and is a decade or more away from being a major provider. Nuclear energy which is about the only source of power available that can readily replace coal, oil & natural gas the liberals don't want anything to do with. Natural gas is the cleane  more

Open Question: What makes you interested in trading financial markets?

How could I tailor the answer to this question for an interview?  more

Open Question: 200 Billion stolen in online theft. How did they do it?

http://news.bbc.co.uk/1/hi/technology/8132547.stm "Space trading game Eve Online has suffered a virtual version of the credit crunch. One of the game's biggest financial institutions lost a significant chunk of its deposits as a huge theft started a run on the bank. One of the bank's controllers stole about 200bn kredits and swapped them for real world cash of £3,115. As news of the theft spread, many of the bank's customers rushed to remove their virtual cash. " How did they convert virtual money into real stuff?  more

Open Question: Did Clinton cause the banking crisis?

On Wall Street and Main Street they call William Jefferson Clinton the "Comeback Kid," but it's not because of some Election Day surprise. It's because almost everything he did regarding financial-services regulation has come back to haunt us. If it wasn't apparent before, the former president's handiwork became clear when President Barack Obama announced his plans for sweeping financial-services reforms. Obama's efforts to bring fair dealing to the mortgage markets, rules to the derivatives marketplace and restraint to big financial companies underscore the missteps of Clinton's second term. We had weakly regulated markets when Clinton took office, but by the time he left, they were an invitation to lawless dealing. For the ease of it, Willie Sutton would have traded his gun and mask for a briefcase and necktie. Clinton created a fertile environment for home-lending charlatans and hiding places for Wall Street swindlers, and upset a regulatory structure that had served the financial marketplace so well for more than six decades. http://articles.moneycentral.msn.com/Investing/Extra/did-clinton-cause-the-banking-crisis.aspx?ucpg=2  more

Open Question: if you go to one of those trade schools you seen on tv like...?

AMERICAN CAREER COLLEGE, EVEREST, UEI and WESTWOOD-what qualifies you for financial aid? what exactly do they check? thank you in advance :)  more

Open Question: Are these job postings are real or fraud?

BRITISH PETROLEUM COMPANY UK OFFICE OF THE HEAD OF THE HUMAN RESOURCES DEPARTMENT 1 St Jame Square London,SW1Y 4FD +44 702 408 1580 Ref No: 01/007/HRD/BPPLC Attention: Applicant It will be an excellent opportunity to join one of the world biggest Oil and Gas company that is focused on growth and sharing that success with employees. The Company offers a combination of competitive base salary with stock and stock options from day one plus other benefits. The compensation philosophy includes annual performance bonuses that have paid out in the two years of the Company's existence in the UK. The Company has approximately 100,000 employees spread between offices in United Kingdom.It is now seeking to strengthen its team with the addition of challenging team of new employee. With a workforce of nearly 100,000 employees, BP operates globally, with business activities and customers in more than 100 countries across six continents. Every day, we serve millions of customers around the world. To put this in perspective, our businesses and brands – among them BP, Castrol, ARCO, Aral, Ultimate, Connect and am/pm – reach nearly as many consumers as Wal-Mart, the world’s largest retailer. BP downstream: oil refining and trading energy products in over 100 countries. We received your CV.It was sent to the office of the Recruit Team for screening.Your qualification has met with BP first Round of recruitment, therefore you have been sent our company's Application Form and Terms and Conditions for your kind view. Do fill out the application form if you are satisfied with our Terms and Conditions (Recruitment Policy).If your application meets the minimum requirements, you will progress to the next stage of our selection process. This is a detailed review of the CVs/resumes and application form of all the candidates that have met the minimum requirements. The recruit team will then decide which candidates will be shortlisted for an interview here in london.Please be informed that only applicant who met with our recruitment policy and standard and also can incure 33% of their traveling expenses will be screened and consider for the interview here in our Head Quater. If you are successful you will be invited for an interview in person. You will be contacted via email for the interview call up letter from the Chief Recruit Officer who is the head and leader of the recruit team. If you are not successful you will receive an email letting you know. We will continue to notify you when your profile matches other job postings as there may be a different job for which you are a better fit. BP need resourceful and Team Co-Ordinating individual to take up the new BP Branch offices which the company commissioned recently.Applicant with a good number of years of experinces in Is/Her qualification will have more job opportunity with BP. British Petroleum Company needs applicant with the ability to present conclusions and recommendations clearly is essential. Ability to work effectively with highly skilled technical professionals essential. Must be enterprising,creative and energetic, eager to accept new responsibilities and challenges. Must be flexible and willing to undertake occasional travel. Package: A base salary in the range £9,000(Pounds) - £20,000(Pounds) Monthly dependent on experience, plus attractive Stock Grant (from day one), Target Bonus (circa 20% at present) and other Oil Company benefits. Accomdation: Accomdation will be provided for all newly employed staff of BP,these apartment will be able to accomodate staff and family for the time duration working for BP.Apartment will be changed for staff upon promotion in position. Family Education: Education entitlement will be given to staff before resumption of new office with our company. Full summary of the entire package will be couriered to qualified applicant before resumption of duty. All positions are vacant in these offices, and British Petroleum Company needs skillful and well experienced individuals in the following area: Marketing. Account Executive. Chief Accountants. Engineering Managers Maintenance. All Managerial positions. Cost Engineer/ Sr Quantity surveyor. All Engineering positions. Chief Engineers.. Management and Project Management. General Manager/Manager Engineering. Project Manager, Exploration of Oil and gas fields. Medical Officers. Medical Consultants/Specialist. Mining Consultants. Engineering consultants Financial Consultants. Petroleum Geologist. Welding and heavy fabrication. Professional Executive Secretary. Human Resources, Administration. Microsoft Access, SQL-Server, Share Point Portal Server, Systems. Personal & Facilities Management. Const. Mgmt/Tendering Document control. General Managers ect. All position are still vacant, qualif  more

Resolved Question: If Cap & Trade is so great...?

why all the lies and cover ups? Why not just be honest and tell Americans what it will REALLY cost them? Financial Burden Meeting the goals of the Lieberman-Warner cap-and-trade plan would impose enormous financial strain on Americans, according to four independent econometric studies. Read the whole thing yourself...then tell me what you think. And please...spare everyone the usual partisan huffing & puffing. Just honest, open discussion. Are we being duped or not? And if the poor can't afford to pay for what they have now...how will they be able to afford these extra costs? http://www.nationalcenter.org/NPA570.html Lordpercywooster - Typical of a Liberal sycophant. Avoid answering the question and tow the Obama sycophant party line. Or...you could grow some nads, and give a thoughtful, independent and reasoned response to the questions. They're not too tough for you, are they? Maybe some people need a little more info to help formulate their thoughts: http://www.youtube.com/watch?v=3f-Jf_LGi-c&feature=related http://online.wsj.com/article/SB123655590609066021.html Jehen - Sorry, but I must take issue with your assertion that their is plenty of evididence as to the success of Cap & Trade where it has been tried. Take a look at this: http://news.yahoo.com/s/ibd/20090608/bs_ibd_ibd/20090608general or this: http://blog.heritage.org/2008/11/12/is-there-no-end-to-cap-and-trades-failure/  more

Open Question: What is the correct answer:?

1. ABC, Inc. placed $1.5 million in the money market for 60 days subject to pretermination. It is the company's policy to treat as cash equivalents all highly liquid instrument with maturity of 3 months or less from the date of acquisition. The $1.5 million should be: A. included as part of cash and cash equivalents and the appropriate disclosure in the notes to the financial statements should state the company's criteria for classifying financial instruments as cash equivalents. B. recorded as part of its trading securities without need of any disclosure. C. treated as short-term receivable with the appropriate disclosure in the notes to the financial statements. D. considered as part of its trading securities with the appropriate disclosure in the notes to the financial statements.  more

Open Question: NO MORE STOP LOSS ALLOWED IN FOREX !?

A major new National Futures Association (NFA) rule goes into effect on August 1, 2009. This rule affects all U.S. regulated Forex Dealer Members. Forex traders will no longer have the ability to place stop-loss or limit orders. Nor will traders be able to modify or close trades from the “Open Positions” window. As these features will be removed, all stop-loss and limit orders held on FXCM LLC accounts at the close of trading on July 31, 2009, will be deleted. FXCM has always encouraged active risk management through the use of stop-loss and limit orders. Stops and limits are two entry orders that are linked to an individual open position. If a stop or limit order is triggered then the other is canceled. FXCM has introduced a new feature called OCO (One Cancels the Other) entry orders, which will provide traders with the same functionality as stop and limit orders except they are not linked to any position. Watch This Video Presentation To See How To Manage Your Risk Using OCO Entry Orders For additional information, please visit the “NFA FIFO (First in, First Out) Rules” forum on DailyFX. We will be holding live question and answer sessions within the DailyFX forum. Visit Now The NFA, our industry’s self regulatory organization in the United States, has adopted Compliance Rule 2-43(b). Read Compliance Rule 2-43 (b). This rule requires orders be executed First In, First Out (FIFO). FIFO requires that when multiple positions are held in the same currency pair, the position which was first opened will be the first to be closed. Stop-loss and limit orders do not comply with FIFO. The NFA’s stance is that FIFO provides more transparency to customers by offering a more accurate picture of the P/L than viewing the results of individual positions. This brings the forex market more in line with the practices of the futures and equities markets. While FXCM acknowledges the NFA’s concern and obligation to protect clients, FXCM would like to extend an option to those who would like to continue using stop-loss and limit orders, and who understand the underlying implications. Traders can transfer their accounts to Forex Capital Markets Limited (FXCM UK) and continue to place stop-loss and limit orders and maintain the ability to modify and close orders from the “Open Positions” window. If you wish to maintain your current platform functionality, you can trade through FXCM UK, which is regulated by the Financial Services Authority in the UK. Learn More If you wish to transfer your trading account to FXCM UK, please complete the one page form. Account Transfer Form DEADLINE TO COMPLETE TRANSFER FORM: JULY --this could be just the beginning.. can other countries follow as well ?  more

Open Question: What are people's feelings about this letter to the editor?Illegal workforce creates problems?

Illegal workforce creates problems for social programs http://www.newssun.com/opinion/ltr-0701-Jewett Editor: Social Security and all social programs are in great danger, put in danger by an illegal workforce. The first order of business by the new administration should be to send these illegals home. It is not the job of those we have elected to represent the illegals. It is their job to make sure our laws and borders are enforced. To use our tax dollars to reward those who violate our laws is not accepted. The new president who has quoted the rule of law and the Constitution, should apply the rule of law and send these illegals home. To do less is the financial collapse of America. We can no longer endure the "true" cost of illegals from all over the world. The burden of supporting these illegals is squarely on the backs of the American workforce. The competing with unfair trade laws, outsourcing of our industry, insourcing the illegal workforce has bankrupted the American worker who is the backbone of America's tax structure. There has to be a 180-degree turn if this is to be corrected. The new president who has quoted the rule of law and the Constitution, should apply the rule of law and send these illegals home. To do less is the financial collapse of America. We can no longer endure the "true" cost of illegals from all over the world. The burden of supporting these illegals is squarely on the backs of the American workforce. The competing with unfair trade laws, outsourcing of our industry, insourcing the illegal workforce has bankrupted the American worker who is the backbone of America's tax structure. There has to be a 180-degree turn if this is to be corrected. There is no magic bullet and Congress must address these problems. When other nations who loan money to keep America afloat see that Congress is refusing to act in it's own self interest the loans will stop. China, America's biggest banker, is ahead of America in addressing the problem of jobs. It has sent 20 million of its own people back to the farm. Billie E. Jewett Sebring  more

Open Question: Does financial gain from cap & trade explain why China suddenly stopped calling for a new reserve currency?

China has been calling loudly for a new world reserve currency for months and months. Many people don't know because the mainstream media doesn't report it on the front page or the evening news - you must go to the investment pages to read about it. The last call was as recent as LAST WEEK" "China’s Central Bank Renews Call for New World Reserve Currency" http://www.bloomberg.com/apps/news?pid=20601080&sid=atQgG1C5Ielw Google for more. you will find numerous reports (weekly) about it. then two days later … The original title of this article was "Treasuries Advance After China Says Reserve Policy Is ‘Stable’" and it has since been changed to "U.S. Treasuries Advance Amid Quarter-End Portfolio Rebalancing ". Hmm. The content changed somewhat as well but still covers it in brief http://www.bloomberg.com/apps/news?pid=20601103&sid=al9.Xmi7SwH4 "…Yields fell after Chinese central bank Governor Zhou Xiaochuan said his country is sticking with its foreign-currency reserve policy for now…" WHY THE SUDDEN REVERSAL? Is it possibly because China will be a major benefactor of cap & trade? How many of our tax dollars will go to create new jobs and new industries in China? Consider, for example, what cap & trade does in creating demand for RARE EARTH METALS which are essential for alternative energy technology. As it stands now, we will depend on China to meet the demand to be created by C&T. "Crunch looms for green technology as China tightens grip on rare-earth metals (May 2009)" http://business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article6374603.ece "China's grip tightens on 'green' metals" http://www.atimes.com/atimes/China_Business/KF30Cb01.html "… The rare-earth metal neodymium, used in electric car motors and wind turbines, is at the epicenter of the race between wealthy and emerging nations to create green technologies, while poorer countries appear to be relegated to spectator status. … Neodymium is a lanthanoid, at position 60 on the periodic table of elements for the number of atoms in a single molecule. Its production and wide range of uses reflect the competition over raw materials in the area of green technologies. ... Unless production of green technologies is supported outside of China by new mining in North America, Africa and Australia, the only place to manufacture them will be China, predicts Lifton, adding that if China decides not to export those rare metals, there won't be any other place to obtain them. … " For those who jump in here and claim the new industries will be created in America, I ask you: what is the incentive for corporations to develop new industries in America when they can pay slave labor wages in Asia and avoid environmental regulation? Let's be realistic. And considering the potential for profit to China, does its unwillingness to cap its own emissions disturb you a little and/or even give you a little pause to question the motivation behind cap & trade? . Hmmm. Maybe this explains it, in part. Hot off the press: "IMF Board Authorizes Debut Bond Issuance to Fund Aid (Update1)" http://www.bloomberg.com/apps/news?pid=20601087&sid=ankFTAhAUk68 Read the article - China is purchasing $50 billion. It seems there is no need to call for end to the dollar as reserve. The IMF activating SDRs as currency marks the final nail in the coffin for the dollar. Its only a matter of time.  more

Open Question: Please help me with this question:?

1. ABC, Inc. placed $1.5 million in the money market for 60 days subject to pretermination. It is the company's policy to treat as cash equivalents all highly liquid instrument with maturity of 3 months or less from the date of acquisition. The $1.5 million should be: A. included as part of cash and cash equivalents and the appropriate disclosure in the notes to the financial statements should state the company's criteria for classifying financial instruments as cash equivalents. B. recorded as part of its trading securities without need of any disclosure. C. treated as short-term receivable with the appropriate disclosure in the notes to the financial statements. D. considered as part of its trading securities with the appropriate disclosure in the notes to the financial statements.  more

Open Question: Are we trading our national sovereignty for financial stability?

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Open Question: what do you think of this trade?

http://games.espn.go.com/nba/tradeMachine?tradeId=nvnfku This operates under the assumption Ben Wallace will not be kept. The Suns get a big man, a solid backup to Steve Nash, and bench depth at SG and PF/C. The Bulls get the big man they need. The Hornets get a guard who, teamed with Peja Stojakovic, would make their shooting formidable. I would also point out that this makes great financial sense for the suns, because it means trading a $15 million contract (Stoudemire) and a $12 million contract (Richardson) for $10 million and $11 million contracts (Hinrich and Chandler) and two much smaller contracts that can be traded or bought out later. Hooray! I devised a trade that everyone seems to like.  more

Resolved Question: Can someone explain where the prices are?

In reading this crap & tax bill, I come across something that bothers me. According to Sec. 114: Carbon Capture and Sequestration Demonstration and Early Development program subsection 6: Status of Corporation(That's right, this cap & trade begins a new corporation) which will not be considered an agency department or instrumentality of the United States, and no officer or director or employee of the corporation shall be considered to be an officer or employee of the United States Government, for the purposes of Title 5 or Title 31 of the United States Code, or for any purpose, and no funds of the corporation shall be treated as public money for purposes of chapter 33 and 31 of the United States Code or for any other purpose. Basically, none of this goes to pay off our debt, it's strictly not public money. But it gets better. Where does The Corporation(as it is so affectionately called) get it's money? Here.. Section (c) of Sec. 114 states the 'Functions and Administrations of the Corporation-": 1 In General: "... Under such program competitively awarded grants, contracts, and financial assistance shall be provided and entered into with eligible entities. Except as provided in paragraph 8, The Corporation shall use all funds derived from assessments under subsection d to issue grants and contracts to eligible entities. Subsection D reads (d) Assessments - 1 Amount - (A) In all calendar years following its establishment, the Corporation shall collect an assessment on distribution utilities for all fossil fuel-based electricity delivered directly to retail consumers.The assessments shall reflect relative carbon dioxide emission rates of different fossil fuel-based electricity, and initially shall be not less than the following amounts for coal, natural gas, and oil: There's no more on the numbers after that. And why is natural gas taxed? That's natural, not manmade. After checking facts, this statement stands out the move from factpage: Experts agree that the increased costs imposed by a cap-and-trade program would be passed down by companies to their consumers in the form of higher prices on energy products. But just how big of a hit would consumers take? They never expound on that.  more

Resolved Question: Did obama break "read my lips promise"?

So if your income is $50,000 and your employer pays $10,000 in health insurance premiums for you, your taxable income will be $50,000. In effect, this means that most taxpayers will have to pay more than a third of their incomes to the federal government. And Obama's "cap and trade" legislation is the exact same as Al Gore's BTU tax which was the centerpiece of Clinton's 1993 tax program. Eventually, Clinton replaced it with a flat 5 cent gasoline tax. But the idea of taxing utility bills to drive down electricity use is as old as the Clinton Administration. But Obama can't call it a tax because that would break his pledge. So he calls it cap and trade instead. Finally, it is obvious that Obama will be unable to restore financial solvency to Social Security and Medicare without big hikes in the payroll tax, coming in 2011! It is ultimately these tax increases which will drive Obama's congressional majority from office in the 2010 elections. His stimulus package, raising the deficit damaged the recovery by raising interest rates. Now he will complete the catastrophe by raising taxes. Together, these tax hikes and interest rate increases will choke off any recovery the business cycle would naturally catalyze.  more

Open Question: Employment Law: Can your Employer change your hours and contract of work?

Bosses want to increase our hours by two per week and get rid of flexi working, carers leave and couple of extra days annual leave for long service workers. They say its due to the financial credit crunch and business reasons; apparently we're not performing and customer satisfaction is low which is fair enough, but they're being really nasty and dictatorial about it. They say they only need to set up a consultation process and they can force it through. Two girls I work with took up their positions 6 months ago with us because of terms & conditions etc. they turned down jobs closer to home - they feel very aggrieved and let down. I know we should be grateful to have jobs (I'm happy where I work) but its quite nauseating when you know that the Chief Exec got a 40% pay rise last year - and as far as I'm aware, she's not offered to give some back. Can they do this? PS. They're letting us keep Pilates and Yoga classes (have a guess who goes to these....) what a trade off!!  more

Open Question: Can Anybody Find Anything But Hot Air in the Climate Bill?

This question is asked sincerely by a lifelong enviro. A supporter of Al Gore. But this bill appears to have been written by the coal companies based on 25 year old ideas, many of which were accepted by G.W. Bush the Moron President. The whole idea of the market based solution -- the cap and trade solution -- making a market in pollution permits -- maybe having them brokered through a firm like Enron -- which I think did actually broker some of these permits for a while -- that idea is 25 years old. It is not change. It's just slapdash legislation based on making the old dregs by bygone ideas look like a new bill by updating the year and putting a new cover on it. It's like the old news that CBS, NBC, and ABC purvey -- stuff from a few weeks ago -- offered today as your "news". Nobody in America is willing to do any part of their job anymore. It's a nation of AWOL officials and AWOL staffers and AWOL employees. If they wanted a real climate bill, they would have included funding for the hydrogen technology. Ways to electrolytically dissociate water efficiently. Ways to store hydrogen efficiently. Ways to burn hydrogen in fuel cells, or in turbines (possibly combined with methane to make hythane (R). There would have been a huge push for the sorts of thing T. Boone Pickens is recommending. Natural gas powered trains would have been in the mix -- and transcontinental tracks for same on the median strips of East West Highways. Geothermal would have played a huge role. It is a very rich power source in some places, always on, not like solar or wind. Hawaii could power all seaborne freight in the Pacific with Geothermal based Hydrogen Fuel Cell Gas. Tidal Hydro would have been in the bill. Micro-scale wind generators (egg-beater style) would have beeb there. The National Energy Spine (super efficient cable from coast to coast) would have been there. This creates conservation by allowing energy to be wheeled from coast to coast so peak loads can be met with cheap energy on both coasts. Instead we get the ancient mantra "Let's find a market based solution (that way G.W. Bush The Moron President, and the Republicans can be happy). No breakthroughs please! No movement away from fossil fuels, and certainly no less coal or oil! We'll just do this with financial manipulations, sort of Enron style, with pollution permits, create a playground for the K Street lobbyists, make it look like we are doing something because what we do is so complicated administratively.That way we can do nothing -- and nobody will know. With or without cap and trade the carbon footprint of the energy plants was bound to be legislatively reduced in future years. Cap and trade just bring Federal Pre-emption and knocks out the states ability to legislate on this matter. It's a form of state legal dis-ablement. It's a form of permission to just keep on keeping on -- more of the same. The climate bill looks like a 100% perfect fraud, from the gitgo. Mr. Axelrod thinks it has a fairly good chance in the Senate because of the writing changes that were made at the last minute in the House, and on this he's probably right. Coal can see when it has a good deal. The whole issue now will be off the table for the next 10 or 15 years, and there are 10,000 ways that the "caps" can be removed or made more lenient, triggered by all sorts of extremely complex micro-pico-nano regulations that only the coal companies have time to figure out and understand and know how to lobby with. They can get out of the caps. They get a vacation for 15 years. They get out from under state laws. Whee ! ... this pollution stuff is easy! All politicians are politicians. Nature is always Nature. So the Canute story is always apt. The vanity and the lies and the fraud never actually trumps nature, so you can count of on the climate to keep warming up and the CO2 levels to keep going up and the sea level and storm damage to keep going up. If we truly wish to stop being a hypocrite nation, we've got to get rid of all politicians. Put a truly independent agency in charge of climate change mitigation -- something like the Federal Reserve or the FCC or the NRC -- it's got to be able to make and implement rules smoothly and quickly. It's got to be run by Chairmen with long terms of office, at least 10 years, 15 would be better. The Chairman has to be mission focused, not politics focused. If can't get around the Canute Problem (The problem that wise King Canute taught his ministers about based upon knowing that Politics never trumps Nature)., we can't deal with the climate change issue. This new bill, is just more hot air. Maybe you can find something in it and tell me about what you think is there. Anyhow that's my question, asked by a true blue enviro, an AlGorista (with rhythm, hence an algorhythm, I'm a poet, I know it, float like a butterfly effect, sting like a karma-effect). For Dana the Master of Science -- I know that H2 is not a mobile source fuel and never will be. For fixed point fuel cells, no problem, especially if mixed as Hythane (H2 + CH4). Here is Gao Bwo Fu, Doctus Juris, Magister Plutus to tell you read my book, "Cost-Effective Ways to Comply with the New Clean Air Act", or my articles published by Herald-Mail. H2 is not a fuel for mobile sources, but it's fine for fixed point sources. If you want conversation why do you block all e-mail so I have to use this question extension to answer you? You can reach me by e-mail real easily, master of science (and where is your 600 page book on the subject of hydrogen burning -- cause mine is in the libraries). Never smarty-pants a smarty-pants. Scepticism is next to Godlicism. I know it. This science-thinker atheist says, "Bless you, keep those good questions coming!"  more

Resolved Question: Do people have any idea just how bad things are going to get in this country?

Gordon Brown is living in fantasy land dreaming up new plans by the day, whilst jobs disappear. And when the cuts that are coming hit the public sector costing at least a million jobs this will in turn effect the manufacturers, the retail trade and the financial sector and probably another million will end up out of work. We really ain't seen nothin' yet, God help us!  more

Voting Question: HELP!! Desperatly looking for work in Bergen Norway..?

I moved to Bergen from the UK and have been here 2 and half months now and STILL have no job!! I have finished a 6 week intensive norwegian class but dont speak enough to get a "proper" job. I dont have a university education or a trade and im worried as i know there is a 3 month time limit to stay? I have tried all the agancies and they say because of the financial situation there are hardly any jobs for "foreigners" as the norwegians are out of work too. At home i worked as a hotel recpetionist and worked in Australia for 2 years in admin, PLEASE HELP! Any suggestions or connections will be soo appreciated! x  more

Resolved Question: If experts like Warren Buffet think Cap and Trade is wrong, why?

Why wouldn't Congress actually read the bill, analyze it and ask experts before putting it through? Here is a financial wizard, Buffet's remarks: http://www.youtube.com/watch?v=FoCsFsU_irY Yet another bill rushed through without them reading it. They waited for a time where we were distracted by a superstar's death to put it through in the middle of the night while Americans were busy watching something else. To top it off the liberal media has gone to all to the all Michael channel mode to keep you from noticing? Will you be calling or emailing your member of the senate today to put a stop to cap and trade? Or, are you going to sit back and think about poor Michael Jackson and let this slip on through? What about cap and trade is wrong for you and your family? One person said: Now Buffet is an expert ? Funny how he was an idiot when he supported Obama over McCain to you people..... And I guess my response has to be that when Buffet did support Obama he was considered the authoritize one by the democrats. It's so interesting how things change. It's just like when Clinton was unfaithful is was all very cosmopolitan and ok and now if it's a republican governor it's just horrible. No one makes up their minds anymore what is right or wrong, it seems. By the way, I am not a "you people", I am a registered Independent and very proud of it. I can see clearly as I have no party affiliations to cloud my vision.  more

Resolved Question: Based On This Paper By Prof. Michael Hudson: Which Is More Likely?

'De-Dollarization: Dismantling America’s Financial-Military Empire: The Yekaterinburg Turning Point' By Prof. Michael Hudson Global Research, June 13, 2009 The city of Yakaterinburg, Russia’s largest east of the Urals, may become known not only as the death place of the tsars but of American hegemony too – and not only where US U-2 pilot Gary Powers was shot down in 1960, but where the US-centered international financial order was brought to ground. Challenging America will be the prime focus of extended meetings in Yekaterinburg, Russia (formerly Sverdlovsk) today and tomorrow (June 15-16) for Chinese President Hu Jintao, Russian President Dmitry Medvedev and other top officials of the six-nation Shanghai Cooperation Organization (SCO). The alliance is comprised of Russia, China, Kazakhstan, Tajikistan, Kyrghyzstan and Uzbekistan, with observer status for Iran, India, Pakistan and Mongolia. It will be joined on Tuesday by Brazil for trade discussions among the BRIC nations (Brazil, Russia, India and China). The attendees have assured American diplomats that dismantling the US financial and military empire is not their aim. They simply want to discuss mutual aid – but in a way that has no role for the United States, NATO or the US dollar as a vehicle for trade. US diplomats may well ask what this really means, if not a move to make US hegemony obsolete. That is what a multipolar world means, after all. For starters, in 2005 the SCO asked Washington to set a timeline to withdraw from its military bases in Central Asia. Two years later the SCO countries formally aligned themselves with the former CIS republics belonging to the Collective Security Treaty Organization (CSTO), established in 2002 as a counterweight to NATO. You can read it in totality here: http://www.michael-hudson.com/ 1) We should start cashing out all assets and converting to Yuan (or something else)? 2) We should be packing our bags and fleeing our homeland? Both? Neither? What do you think? And why? Pinnocchio... Considering I graduated over 3 decades ago, I appreciate the hell out of that. But nice way to get out of dong YOUR political homework :-p LOL.  more

Resolved Question: What do you think of my Senators response to my letter opposing cap and trade?

The first thing I notice is she seems to support it but avoids saying straight up yes or no. Thank you for contacting me about climate change and energy legislation. Your comments are important to me and I appreciate your taking the time to share them. We need a bold, comprehensive energy strategy that reduces our dependence on foreign oil, protects our national security, and reduces our carbon emissions. Such a strategy should include increased offshore drilling and the development of new biofuels and other homegrown energy resources like hydro, geothermal and wind power. Moreover, it should include increased oil refining capacity, new coal technologies, safe nuclear power, and increased research and development into long-term energy solutions that will eliminate carbon emissions. As we move forward with energy and climate change legislation, this comprehensive, balanced approach will be key. In the short term, I am taking aim at financial speculators who have artificially inflated oil prices. The oil markets need a cop on the beat to return some order and fairness to the market. That is why I cosponsored and voted for both speculation bills that came to the Senate floor last summer (S. 3044 and S. 3268), which aimed to increase transparency and accountability in our energy markets by closing loopholes that currently allow energy traders to evade government oversight. I am also a strong supporter of developing more fuel-efficient vehicles, as well as homegrown biofuels that benefit the farmers and workers of the Midwest instead of the oil cartels of the Middle East. In June 2008, I was pleased that the President signed the Food, Conservation and Energy Act of 2008, which included a provision that I authored to help lay the groundwork for developing the next generation of biofuels. The Farm-to-Fuel portion of the bill will support the transition of ethanol fuel to cellulosic sources such as switchgrass and prairie grass, and it will also promote the development of biomass energy sources from waste like timber residue. Again, thank you for taking the time to contact me. One of the most important parts of my job is listening to what the people of Minnesota have to say to me. I am here in our nation’s capital to do the public’s business and to serve the people of our state. I hope you will contact me again about matters of concern to you. Sincerely, Amy Klobuchar United States Senator  more

Voting Question: Is this the Red Alert? Are these laws the last straw to the freedom of this nation?

After reading this, and contemplating the ramifications of what these "laws", etc. are attempting to impose upon the people of this Once great nation, I have no alternative but to believe that the final phases of this "hijacking" of the United States of America is inevitable? What do you think? How do you feel about this? What do you think, feel, or believe that the American People can/should do to save our country from a total takeover, and loss of all rights, freedoms, etc? "The wholesale looting of America and the transfer of wealth and power over to a private banking elite who are setting up a world government, along with the complete obliteration of any remaining freedom to protest, resist, or even speak out against this agenda, is now entering its final phase as numerous different pieces of the jigsaw puzzle fall into place and portray a clear picture of tyranny", as stated by Paul Joseph Watson Prison Planet.com Monday June 29, 2009 We are about to sound the death knell for the United States if every one of the following attacks on our liberty, free speech, sovereignty, and right to not be ruled over by an unelected banking dictatorship is not fiercely opposed and crushed. RED ALERT 1 The passage of the “Climate Bill” by the House and its likely approval by the Senate represents the entrée for the complete and total subjugation of any freedoms we had left and the beginning of nightmare regulation and suffocating control over every aspect of our personal lives by millions of green stasi tasked with enforcing impossible to attain goals of 80% carbon dioxide reduction - all based on the manufactured threat of global warming. This bill will also sink the economy and create a new great depression, effectively obliterating America’s first world status. It represents a transfer of power and wealth from both the U.S. government and the American taxpayer over to the system of world government and global regulation now being erected by means of the climate change hoax. This is far worse than just a “new tax” as Republicans are complaining - this is the total takeover of the American economy by private banking interests through the carbon trading system. As we have attempted to warn, the major beneficiaries of the climate bill will be the elitists who own the carbon trading systems that will be used to handle the ‘cap and trade’ program, namely Al Gore and Maurice Strong, two figures intimately involved with a long standing movement to use the theory of man made global warming as a mechanism for profit and social engineering. We must rally now to lobby members of Congress who voted for the legislation and demand they change their vote before July 2nd. Failing that, we must demand that the Senate does not rubber stamp this nightmare legislation. Failing that, we must support and organize to craft more legislation based on the example of Arizona, who recently passed state Senate legislation refusing to comply with insane climate laws coming from the federal level. RED ALERT 2 The seemingly endless economic “bailouts” represent the wholesale looting of the American taxpayer and the grand theft of trillions of dollars by private banking interests who refuse to even disclose where the money went. Not satisfied with stealing tens of trillions, under the Obama administration’....s new regulatory reform plan, the Federal Reserve is now trying to enrich itself with dictator powers that will give it complete control over the U.S. economy, handing them the authority to “regulate” and shut down any company whose activity it believes could threaten the economy and the markets. We must rally now and lobby more members of Congress to support Ron Paul’s H.R. 1207 bill to audit the Federal Reserve and highlight the fact that Bernanke is spewing financial terrorism when he threatens an economic collapse should the Fed be opened up to scrutiny. RED ALERT 3 Federal hate crimes legislation, which in reality would criminalize “thought crimes,” has cleared the House and now faces the Senate as S.909, the Matthew Shepard Hate Crimes Prevention Act (officially, the Local Law Enforcement Hate Crimes Prevention Act). S.909 is a direct violation of the First Amendment. It allows the federal government to prosecute people involved in “hate speech” transmitted over television, radio, and the internet. The House version of the bill states: “Whoever transmits in interstate or foreign commerce [radio, TV, internet] any communication, with the intent to coerce, intimidate, harass, or cause substantial emotional distress to a person, using electronic means to support severe, repeated, and hostile behavior, shall be fined under this title or imprisoned not more than two years, or both. (HR 1966, SEC 3, Sec. 881a)” In other words, if a talk show host engages in “hostile” speech against a person or persons of the above mentioned federally protected group that talk show host will face federa sorry everyone who answered. I had to continue this question, and it just didn't work right..LOL. If you go to the second question posted, with the same title, there is a link to the entire article. Sorry again about the confusion.  more

Voting Question: Anyone know of a good day trading software?

I'm a 19 year old day trader, have been trading stocks and currencies since I was 17. Now I'm going back to college (hopefully if financial aid comes through) in the Fall and won't have time to monitor the markets like I have been for the past few months. Does anyone know of a good day trading software that is accurate? I've done dozens of hours worth of research and the one I'm liking so far is the Wave 59 RT software found here: http://www.wave59.com/default.asp Does anyone have any experience with this company and it's software? Does anyone know of any reliable piece of software that will help me in my day trading while being a full time Finance student? Thanks for any help you guys give NOTE: It would be preferable if the software was reasonably priced. I cannot afford a $10,000 price tag.  more

Open Question: about financial definitions?

Hi guys. I need to learn this definitions can anybody help me out ?? (a.) agency theory (b.) insider trading (c.) sole proprietorship (d.) partnership (e.) subchapter S corporation (f.) articles of partnership (g.) capital structure theory (h.) corporation (1.) _____ The ability to make profits on financial securities because of having knowledge not available to the public. (2.) _____ An agreement of partners specifying the ownership interest of a company. (3.) _____ A form of organization that represents single person ownership and offers the advantages of simplicity of decision making and low organizational and operating costs. (4.) _____ Separate legal entity owned by shareholders who only have limited liability. (5.) _____ The study of the relative importance of debt and equity. (6.) _____ Examines the relationship between the owners of the firm and the managers of the firm. (7.) _____ A form of ownership, in which profit is taxed as direct income to the stockholders and thus is only taxed once. (8.) _____ A form of ownership that carries unlimited liability to the owners and where the profits are taxed at individual tax rates of the owners. -------------------------------------------- (a.) balance sheet (b.) notes payable (c.) marketable securities (d.) earnings per share (e.) historical cost accounting (f.) income statement (g.) liquidity (h.) cash flow from financing (i.) depreciation (j.) marginal corporate tax rate (k.) net worth or book value (l.) P/E ratio (m.) stockholders' equity (n.) statement of cash flows (o.) cash flows from operations (p.) cash flows from investing (q.) free cash flow (1.) _____ All the assets of the firm minus the liabilities and preferred stock. (2.) _____ A financial statement that indicates what the firm owns, and how these assets are financed in the form of liabilities or ownership interest. (3.) _____ Changes accrual-based information from income statement and balance sheet to cash based information. (4.) _____ The relative convertibility of short-term assets into cash. (5.) _____ The levy expressed as a percentage that applies to each new dollar of taxable income. (6.) _____ The multiplier applied to income per share to determine current value. (7.) _____ The income available to common stockholders divided by the number of common shares outstanding. (8.) _____ A financial statement that measures the profitability of the firm over a period of time. (9.) _____ Temporary investments of excess cash. (10.) _____ Represents the net cash flow that results from changes in the amount of a firm's long-term assets. (11.) _____ The total ownership position of preferred and common stockholders. (12.) _____ Traditional method of accounting using original costs minus depreciation. (13.) _____ Represents the net cash flow that results from a firm's production and sales activities. (14.) _____ Short-term signed obligations to banks or other creditors. (15.) _____ Cash flow that is generated (or reduced) from the sale or repurchase of securities or the payment of cash dividends (16.) _____ The allocation of the initial cost of an asset over its useful life. (17.) _____ Cash flows from operations minus working capital minus dividend payments.  more

Resolved Question: LIBERALS, now that Warren Buffett DISAGREE with Obama?

8-9 months ago Liberals were telling all of us that Warren Buffett, one of the richest man in the world, support Obama & we should listen to him...... http://answers.yahoo.com/question/index;_ylt=ArtoRZy_6JL4JQFenymWdpUjzKIX;_ylv=3?qid=20081008071547AAPbiUO http://answers.yahoo.com/question/index;_ylt=AqcB44XRbjKOeBupDsFF1hwjzKIX;_ylv=3?qid=20081021092555AAoL0Et http://answers.yahoo.com/question/index;_ylt=AlrZM9vRhkq7Pz0m4EjuovgjzKIX;_ylv=3?qid=20080923120637AAQ8YgO Now that Warren Buffett (Big Obama supporter) led the charge in an interview on CNBC where he stated that this Job-Killing “CRAP-and-trade” bill, is nothing more than a giant energy tax on the middle class. It is “a huge tax and there’s no sense calling it anything else.” "It is important that we move on carbon emissions. It's important we move on health care. But I DON'T THINK THEY SHOULD BE JAMMED THROUGH IN A HURRY." Buffett also stated that the U.S. economy is in "shambles," with no signs of a recovery anytime soon. Adding, "Everything that I see about the economy is that we've had no bounce. The financial system was really where the crisis was last September and October, and that's been surmounted and that's enormously important." http://www.cnbc.com/id/31526815/ So my question is: LIBERALS, now that Warren Buffett DISAGREE with Obama about how this economy is being handled, SHOULD WE STILL LISTEN TO HIM, or is he now just as "" BAD"" as Rush? @ Lordpercywooster Nowhere in the interview previous administration is being mentioned as a culprit of this trouble, contrary to your statement. BECKY: You mentioned that you think Ben Bernanke did a good job. BUFFETT: I don't see how you could do better. Yeah. He has taken decisive action at a time when really decisive action was needed, and extraordinary action, things that we hadn't done before. If he hadn't of done -- I give the Bush administration credit on this.  more

Open Question: What is the employment verification number for E*Trade Financial?

I was employed at their Ranch Cordova office from 1999-2002.  more

Resolved Question: A local car dealer advised me to let my current car go into default. Is that ethical?

My current car loan is 5 years old from Chrysler Financial. The salesman is giving us 2 loans on 2 used cars but will not take one of our cars back in trade because the amount owed is more than the book value. He advised us to let it go int default because Chrysler is in bankruptcy and they are at least 3 months behind in processing defaults, but they will eventually take the car back. He also said that the 2 new loans with Toyota can repair our credit rating in 6 months if we keep up with the new payments. In the mean time I will try to sell the car on my own. Any suggestions for me??  more

Voting Question: Will Obama's "new rules of the road" include a FULL audit of the Federal Reserve?? (where did that $2Tril go?

http://www.bloomberg.com/apps/news?pid=20601087&sid=apx7XNLnZZlc Dec. 12 (Bloomberg) -- The Federal Reserve refused a request by Bloomberg News to disclose the recipients of more than $2 trillion of emergency loans from U.S. taxpayers and the assets the central bank is accepting as collateral. Bloomberg filed suit Nov. 7 under the U.S. Freedom of Information Act requesting details about the terms of 11 Fed lending programs, most created during the deepest financial crisis since the Great Depression. The Fed responded Dec. 8, saying it’s allowed to withhold internal memos as well as information about trade secrets and commercial information. The institution confirmed that a records search found 231 pages of documents pertaining to some of the requests. “If they told us what they held, we would know the potential losses that the government may take and that’s what they don’t want us to know,” said Carlos Mendez, a senior managing director at New York-based ICP Capital LLC, which oversees $22 billion in assets.  more

Resolved Question: LOTTEY TAX QUESTION....Someone please answer ASAP?

I have a quick question about what to do with my recent good fortune. I am a resident of NYC but recently while I was away on vacation in Florida, I purchased a scratch off lottery ticket. I found out that I won a car. I would like to know what would possibly be my best option for claiming the prize. Should I take the car, trade it in and get cash back for the purchase, or should I take the money? I was told that the cash payment would be 38k if I decide to take the money nd I that I would pay taxes on the money (of course), but I would like to know how much and if it's prudent for me to do so. I only make about 23k a year and I go to school so I don't know if I want to claim that much money as income and mess up my financial aid. If I take the car, title it, trade it in for a cheaper on and keep the cash difference, would I still be paying more or less in taxes? Is it still considered income if I just take the car? If so, would I be paying more or less in taxes if i take the car or the money? I have never been in this position and I would really appreciate any advice that any of you have. Thanks so much in advance!  more

Resolved Question: Lottery Tax Question...Please Help Answer this for me ASAP!?

I have a quick question about what to do with my recent good fortune. I'm a resident of NYC but recently while I was away on vacation in Florida, I purchased a scratch off lottery ticket. I found out that I won a car. I would like to know what would possibly be my best option for claiming the prize. Should I take the car, trade it in and get cash back for the purchase, or should I take the money? I was told that the cash payment would be 38k if I decide to take the money and I that I would pay taxes on the money (of course), but I would like to know how much and if it's prudent for me to do so. I only make about 23k a year and I go to school so I don't know if I want to claim that much money as income and mess up my financial aid. If take the car, title it, trade it in for a cheaper one and keep the cash difference, would I still be paying more or less in taxes? Is it still considered income if I just take the car? If so, would I be paying more or less in taxes if I take the car or the money? I've never been in this position and I would really appreciate any advice that any of you have. Thanks so much in advance!  more

Resolved Question: Will the stock market ever return to normal again?

or since hedge funds control it and every tom dick and mary can trade it on their pc, how will volatility ever come back to norms ? Basically, if you have been in markets in last 10-12 years, you haven't made much if anything buy buying and holding. Are these two crashes (Dot Com and Financial) that occurred a once in a lifetime thing or is there so much crookedness out there that we will have a crash every 4 years or so? How do you trust the markets when so many crooks control it including the government and the no good SEC? opinions?  more

Resolved Question: Are you ready to be raped by congress?

Does anyone want to volunteer to pay $5,000 extra in taxes this year? Whether you be poor, rich, or even middle class, cap on trade is here. Amazingly enough most people do not know about it or do not fully understand what it will do for them. The basic idea is that the Federal Government will create a figure that it thinks is an appropriate amount of carbon emissions. It will then create a hefty tax for any additional carbon emissions. So what are the results? Coal, natural gas, and anything that emits "greenhouse" gases will be taxed. This is not only going to effect your electricity costs. Corporation use gasoline and energy to produce everything from tampons to food. There will even be a tax associated with tilling a field because of the carbon the soil will release. Inevitably corporations will transfer the tax onto the consumer. If you don't believe that to be true, listen here to our genius of a President openly discuss that fact: http://hotair.com/archives/2008/11/02/ob... We are not talking about a few buck here. We are talking about trillions of dollars that our liberal, progressive, moronic government wants to spend in order to fix a problem that is not even scientific fact. There are numerous problems with Gore's assertion and also with the ways we are trying to rectify the energy crisis. Whether you are liberal or conservative, no matter what you believe, exposing yourself to opinions that are in contradiction with your own is not a bad thing. It ensures not only that you will be educated enough to comment on something, it also ensures that you understand the entirety of the issue you are discussing. Because of this I would ask anyone that wishes to respond to this discussion to at least read a few pages of the following link to see what many scientists are saying about our government's new policies and ideas about anthropogenic warming: http://epw.senate.gov/public/index.cfm?F... In an hour or so your congress will put to vote a bill that will cost every American thousands of dollars each year. If you think for a second that you will be okay because you are poor you are sadly mistaken. I currently make 35-40,000 dollars a year. I own a 1500 square foot house that was built 70+ years ago. Because of this my house is under-insulated. If I were wealthy and this bill passed, I would buy solar panels and switch to geothermal heating. Unfortunately because I am merely middle class, I will not be able to afford the immense increase in my taxes, food costs, transportation cost, etc, that will be inevitable if this bill passes. So what I ask is this: can anyone honestly say that they believe this to be the correct course of action. While you are being bombarded with Michael Jackson and Farrah Fawcett stories, you congress is about to pass a bill that will put an IMMENSE financial strain on families that are already struggling. I am asking that no matter what your beliefs that you take a few moments to look at these two links. If you are one of those people that has an opinion that is based on little more than what you have been taught via unqualified public school teachers, or by our politicians, or by the media, please, take a few moments to look at those links and share your opinion about what is about to happen. Here is a phone number that will allow you to contact your congress person's office. This is URGENT. This bill goes to vote in a matter of minutes. Good luck getting through. 2022243121 The following link will allow you to contact your local reps via online form. This is probably the best method as the phone lines are swamped with angry voters: http://www.congress.org/congressorg/home... Enter your zip at the right of the page, click on the representatives name, and then click on online contact form. * 30 minutes ago * - 4 days left to answer. Additional Details I'm willing to bet none of you even bothered looking at the links. That's because what you are spewing is "meaningless political jargon" 22 minutes ago  more

Resolved Question: Does anyone want to volunteer to pay $5,000 extra in taxes this year?

Whether you be poor, rich, or even middle class, cap on trade is here. Amazingly enough most people do not know about it or do not fully understand what it will do for them. The basic idea is that the Federal Government will create a figure that it thinks is an appropriate amount of carbon emissions. It will then create a hefty tax for any additional carbon emissions. So what are the results? Coal, natural gas, and anything that emits "greenhouse" gases will be taxed. This is not only going to effect your electricity costs. Corporation use gasoline and energy to produce everything from tampons to food. There will even be a tax associated with tilling a field because of the carbon the soil will release. Inevitably corporations will transfer the tax onto the consumer. If you don't believe that to be true, listen here to our genius of a President openly discuss that fact: http://hotair.com/archives/2008/11/02/obama-ill-make-energy-prices-skyrocket/ We are not talking about a few buck here. We are talking about trillions of dollars that our liberal, progressive, moronic government wants to spend in order to fix a problem that is not even scientific fact. There are numerous problems with Gore's assertion and also with the ways we are trying to rectify the energy crisis. Whether you are liberal or conservative, no matter what you believe, exposing yourself to opinions that are in contradiction with your own is not a bad thing. It ensures not only that you will be educated enough to comment on something, it also ensures that you understand the entirety of the issue you are discussing. Because of this I would ask anyone that wishes to respond to this discussion to at least read a few pages of the following link to see what many scientists are saying about our government's new policies and ideas about anthropogenic warming: http://epw.senate.gov/public/index.cfm?FuseAction=Files.View&FileStore_id=83947f5d-d84a-4a84-ad5d-6e2d71db52d9 In an hour or so your congress will put to vote a bill that will cost every American thousands of dollars each year. If you think for a second that you will be okay because you are poor you are sadly mistaken. I currently make 35-40,000 dollars a year. I own a 1500 square foot house that was built 70+ years ago. Because of this my house is under-insulated. If I were wealthy and this bill passed, I would buy solar panels and switch to geothermal heating. Unfortunately because I am merely middle class, I will not be able to afford the immense increase in my taxes, food costs, transportation cost, etc, that will be inevitable if this bill passes. So what I ask is this: can anyone honestly say that they believe this to be the correct course of action. While you are being bombarded with Michael Jackson and Farrah Fawcett stories, you congress is about to pass a bill that will put an IMMENSE financial strain on families that are already struggling. I am asking that no matter what your beliefs that you take a few moments to look at these two links. If you are one of those people that has an opinion that is based on little more than what you have been taught via unqualified public school teachers, or by our politicians, or by the media, please, take a few moments to look at those links and share your opinion about what is about to happen. Here is a phone number that will allow you to contact your congress person's office. This is URGENT. This bill goes to vote in a matter of minutes. Good luck getting through. 2022243121 The following link will allow you to contact your local reps via online form. This is probably the best method as the phone lines are swamped with angry voters: http://www.congress.org/congressorg/home/ Enter your zip at the right of the page, click on the representatives name, and then click on online contact form. I'm willing to bet none of you even bothered looking at the links. That's because what you are spewing is "meaningless political jargon"  more

Resolved Question: With Vince Carter going to the Magic what happens to Hedo?

Now that Magic have Vince Cater, im curious to know if they have enough financial support to resign Hedo, or was this trade basically saying see ya later Hedo  more

Voting Question: whats your next stock, etf or sector?

just looking for ideas to look into. ive been into etf's mostly trading financial's wishing i had a margin account.  more

Resolved Question: Morally, what should be done in this situation?

My husband and I have 5 kids(two teens and three young ones). We are not poor, but we are far from rich-we live responsibly, we like to say. Low debt which we are paying off, one income, we don't spend a lot...just trying to be responsible. We might be called middle class. My grandmother recently bought a new car, and knowing we needed a van for our large family GAVE us her car, making it clear she wanted nothing in return. It was paid off, and she said she's rather we have it and get use from it, rather than get less that it's worth from a trade in. We accepted, gratefully. It needed about $700 of work so we paid for the work and accepted the van. Her husband is essentialy a jerk (not my grandpa). He called us today telling us that they were having serious financial problems (we never knew) and that if they claimed bankruptcy, they were going to need that van back (nevermind it is completely due to his reckless spending a hoarding that they are in this pickle to begin with). Now, obviously we didn't shell out what was a lot of money to us just so they could take the van back...but we are in a tough position. I feel like he is duping us into paying for car repairs. Do we stick up for ourselves and say simply "No, you gave it to us, we did the work and paid for it, sorry!"....do we give them our other car (we have a Volvo of comparable value that was supposed to go to our teen son who will start driving soon....too small for the family which was why we needed the van, but a good safe car for the teen. He WAS going to purchase it from us and he really wants it). So do we give them the Volvo since they are concerned about not having a car? Or is it simply wrong of her husband to ask us to compensate them for their poor choices after they made a deal with us. FYI...they car was ONLY my grandma's and she hasn't said anything about this to us. I just need to be prepared. This man is always trying to say people owe him something...he's just a real mooch. And I would like opinions before this turns into a complete debacle. We have title...I know the legalities and that is not what I am wondering about....I just want to know morally if I am obligated to do something (because morals and the law don't always jive)  more

Voting Question: Family problem with grandma-please help?

My husband and I have 5 kids(two teens and three young ones). We are not poor, but we are far from rich-we live responsibly, we like to say. Low debt which we are paying off, one income, we don't spend a lot...just trying to be responsible. We might be called middle class. My grandmother recently bought a new car, and knowing we needed a van for our large family GAVE us her car, making it clear she wanted nothing in return. It was paid off, and she said she's rather we have it and get use from it, rather than get less that it's worth from a trade in. We accepted, gratefully. It needed about $700 of work so we paid for the work and accepted the van. Her husband is essentialy a jerk (not my grandpa). He called us today telling us that they were having serious financial problems (we never knew) and that if they claimed bankruptcy, they were going to need that van back (nevermind it is completely due to his reckless spending a hoarding that they are in this pickle to begin with). Now, obviously we didn't shell out what was a lot of money to us just so they could take the van back...but we are in a tough position. I feel like he is duping us into paying for car repairs. Do we stick up for ourselves and say simply "No, you gave it to us, we did the work and paid for it, sorry!"....do we give them our other car (we have a Volvo of comparable value that was supposed to go to our teen son who will start driving soon....too small for the family which was why we needed the van, but a good safe car for the teen. He WAS going to purchase it from us and he really wants it). So do we give them the Volvo since they are concerned about not having a car? Or is it simply wrong of her husband to ask us to compensate them for their poor choices after they made a deal with us. FYI...they car was ONLY my grandma's and she hasn't said anything about this to us. I just need to be prepared. This man is always trying to say people owe him something...he's just a real mooch. And I would like opinions before this turns into a complete debacle.  more

Resolved Question: help required in solving cash flow problem?

statement of financial position of x co. 2008 2007 non current assets 3050000 2770000 land & buildings 1690000 1690000 motor vehicle at carrying value 1360000 1080000 current assets 5120000 4610000 inventory 1310000 1560000 trade debtors 3500000 2450000 pre payments 310000 260000 bank 0 340000 8170000 7380000 Equity 4680000 4180000 ordinary shares capital 1800000 1750000 share premium 240000 220000 general reserve 635000 535000 retained earnings 2005000 1675000 non current liabilities 1450000 1450000 loan 1450000 1450000 current liabilities 2040000 1990000 bank 260000 0 account payable 1550000 1500000 accruals 60000 330000 dividend payable 60000 40000 tax payable 110000 120000 8170000 7380000 addition information 1.The profit before tax for 2008 ad 2007 was 960000 and 840000 respectively 2. an additional long term loan of sh 350000 was raised during the year to finance the expansion of the motor vehicle fleet , the interest of this loan for the year was sh 70000 3.vehicle with a book value of sh 90000 were disposed off during the year at a profit sh 70000 ,the annual depreciation charge amounted to sh 80000 these amounts were included in the computation of the profit before tax 4.the accumulated depreciation for 2008 and 2007 are sh 530000 and sh 480000 respectively 5. sh 30000 interest income is included in the profit before tax Required compile the note regarding the reconciliation of net profit before taxation to the cash generated from operations  more

Resolved Question: How many of you Support President Obama for Immigration Reform Bill, Why?

Reasonable people may disagree on the parameters of the illegal immigration problem, and the shape of the solution, but the words "illegal" and "the law" miss the mark. Nevertheless, I recognize that "the law" is human-made and therefore fallible. Not so long ago, "the law" required black men and women to live as slaves, and declared it a crime to assist escaping slaves. Not so long ago, "the law" prohibited women from voting. The mere fact that an act is illegal does not end the discussion. The important question is whether the law effectively protects the freedoms we cherish. When "the law" is used to dismiss individuals and activities as criminal, the important questions remain unasked: Have our border enforcement activities to date actually slowed illegal entry? Are U.S. international trade policies complicit in the economic problems driving so many to immigrate? Are the bureaucratic, financial and physical barriers to legal entry too high? Are American citizens losing jobs to immigrants? How does the increased cost in social services to immigrants compare to increased tax revenues and income to local economies where immigrants work and purchase goods and services? If it is true, as one interviewee stated, "We're not responsible to take care of the world," what are we responsible for? Most importantly, is it possible to forge a new legal system that treats immigrants with compassion and respect while recognizing a sovereign nation's right to control its borders and obligation to meet the basic needs of its citizens? We need to read about the horrible conditions they are fleeing from -- the poverty, the hunger and the desperation. In short, rather than asking what the law requires, we must dig deeper and ask what we, the people require of our laws. We must all Support President Obama in passing the New Immigration Reform Bill ! Obama pledged to “again pursue comprehensive immigration reform” and said he is “committed to reforming our system in a way that is tough, fair and practical.” Watch the Video http://www.youtube.com/watch?v=Yi17AYMESJ0 ***** Here are few points to be addressed ***** http://www.whitehouse.gov/issues/immigration/ 1) Strengthen Border Control 2) Remove Incentives to Enter Illegally 3) Bring People Out of the Shadows 4) Harsh Punishment for Business that hire illegals 5) Work with Mexico, to promote economic development in Mexico to decrease the economic desperation that leads to illegal immigration. "3) Bring People Out of the Shadows" Means Taxing them, No more Freebies! rckfrom1966 Said "Think of this problem on a smaller scale. Do I have the right to come into your house, uninvited, and eat your food, watch your tv, and sleep on your bed because you make more money than I do? Yes or no?" It depends on the relationship between you and me, If you are related to me or my friend you do, but guess this isn't a question of 2 houses. Its question of 10 - 20 million people. I cannot comment about Iran, because many of innocent will die and still no change will be there. Do you agree? I hope for something positive this time for the Iranians too. We would always talk about Civil & Human Rights Violations of people in countries like Iran, Iraq, Pakistan, North Korea, China etc... While ignoring 10 - 20 Millions without any rights in our farms, restaurants, warehouses and factories... Viva La Raza said "how about sending the whities back to europe" This is as true as sending all Mexican back to Mexico, use your brain! Joel said "They don't have the education to tax.. they will become welfare dependent for the rest of their lives essentially." Are you or anyone you know is living on Welfare for his life? What a joke, I believe people would only take welfare if unemployed. Sasori said "You do realize that someone making under $30,000 a year with several dependents will not become a tax payer. With EITC and Child Tax Credit he will receive twice what he pays in." Is it that only illegal do this? aren't people already doing it? Why blame everything on illegals? "Who is without sin among you let throw a stone at illegals" says everyone "Amnesty Will Cost U.S. Taxpayers at Least $2.6 Trillion" What a genius, he who predicted this, should have predicted the fall of GM, AIG, Lehman etc... We would not have problem at all! What about fall of your and my house prices? where were these gurus? They are nothing but bull ;)  more

Resolved Question: I need some serious help here...?

I am pregnant and I do not think I can handle the baby. My financial situation is rough and I would be put in an even tougher spot if I kept the baby because I would have to quit my job. So, my question: Does anyone want to make a trade? I will trade you a brand new 2010 baby for an SUV. I prefer Escalades, Tahoes, or Yukons. Any reasonable trade considered. Let me know.  more

Resolved Question: what is the use of trying to verify north korea's sanctions if they have to be first approved by north korea?

One June 12 the U.N. Security Council voted unanimously Friday to impose a broad set of additional financial, military and trade sanctions on North Korea in response to its recent nuclear and ballistic missile tests. More importantly it also called on states for the first time to seize banned North Korean weapons and technology aboard ships on the high seas. Thus the Security Council resolution calls on all 192 U.N. member states to inspect North Korean vessels on the high seas "if they have information that provides reasonable grounds to believe that the cargo" contains banned weapons or material to make them. But that requires approval from the North. If the North refuses to give approval, then everyones shit out of luck. What is the use of sanctions if no one is willing to follow them?  more

Resolved Question: Question over Big Brother is Watching Everyone.?

It a question in my homework. Here is the article you need to read first and the question is below, Privacy eroding, bit by byte Computers, Engineers Find New Ways to Keep Tabs On Us First there were security cameras, sprouting like mushrooms on street corners and buildings. Then came shopper cards, offering discounts in exchange for details about buying habits. In recent years, we've seen the emergence of electronic tags or "cookies" on the Internet, software that monitors e-mail, GPS devices that pinpoint our position on the planet, and a growing number of machines that capture fingerprints and face prints. Now comes the news that federal regulators approved the injection of microchips under the skin, enabling physicians with the right gear to know who someone is without having to ask. And yesterday, the omniscient-seeming search engine Google bested itself by announcing a service to probe for information both online and in your own machine. One company official called it a "photographic memory for your computer." Google says no personal information will be sent back to the company. But if it feels like you can't do anything these days without someone looking over your shoulder, you're not just paranoid. Cheap computers, blazing fast networks and clever engineers are finding more and more ways to keep tabs on where you go and what you buy, generally with your permission. They're even getting better at guessing what you'll do next. "It's this whole new world. It's sort of like all these little details about our lives are being recorded," said Richard M. Smith, an Internet security consultant in Boston. "We love the conveniences. We love the services. But people kind of instinctively know there's a dark side to this. They just hope it won't happen to them." Smaller, Faster and Cheaper To be sure, companies have long gathered personal and shopping information to better market to customers, often with dubious results. Who hasn't received junk mail or telemarketing calls that seem to have no connection with their lives? But those initiatives are fast improving' and accelerating as people live more of their lives tethered to cell phones, the Internet and the rest of the wired world, where trading off personal information is part of the price of admission. Think about a typical day. An advertising service is notified when you check the sports scores on the Web. The EZ-Pass transponder signals when you go through a tollbooth. The pharmacy collects personal medication details and sends them along to data companies for analysis. At work, some employees now use face recognition systems to get in to their offices, or they type on machines that trace every keystroke. "Every move you make is becoming part of your permanent record," said Peter P. Swire, a privacy expert and law professor at Ohio State University. "The trend is smaller, faster, cheaper." Rapid Accumulation There's no question the data are accumulating, and faster than many people understand. A few years ago, researchers at the University of California at Berkeley estimated that all the information created by humanity by 1999 would double by about now. One of the leading aggregators of personal information, an Arkansas company called Acxiom Corp., has roughly a million times more information about adult Americans and their families than when it first sold stock two decades ago. Other commercial information services routinely tout their ability to access some 20 billion records. And that's not counting the digital details that come in the form of photographs, videotapes and sensor readings. Most people know companies can mine credit card data, loan records and other transactions. But few know that companies already offer video-mining services as well. One day we might be able to mine the information generated by radio frequency identification chip implanted in our arms. Or we might just use a Google search service custom-made for RFID, as the chips are known. Not everybody is vexed by these trends. Homeland security, law enforcement and intelligence officials are rushing to take advantage of this wealth of information to protect the country. Web sites like Amazon.com, cell phone services, catalogue retailers, financial services companies and many others are increasingly adept at using data systems to serve customers. Ask people whether they'd give up those services, and many would offer a resounding "no." David Brin, an author and futurist, believes that recent technological developments have revolutionized the ability of people to see, through cameras around the globe, and remember details through almost unimaginably rich warehouses of information that serve as proxies for our limited memories. He predicts that we will one day be able to "know" almost everybody in the world through instant access to personal information in ubiquitous dat  more

Voting Question: How do I politely tell a person my personal life is none of their business?

I'm talking about a financial planner that works for an investing firm I trade stocks with. They call ever so often to see how things are but this dude the other day irritated me to no end! He said I am not here to tell you what stocks to pick but just want to find out who you are as a person , your status in your community and blah blah blah.....I told him that I am private and not interested in telling him...then he proceeds to talk some more like we are friends or something. So, are you single, kids, what do you do? WHAT THE!? Next time he calls, how do I say, stop calling and asking my business without being overly rude. I WILL GET RUDE IF I HAVE TOO.  more

Resolved Question: Anyone who can translate this from English to Italian?

I would be very pleased if there's someone who can translate in Italian this article frome "The Economist". EVEN Merton Miller, a Nobel prize-winning economist with a passion for financial arcana, found it “deadly dull”. But if ever there was a week when financial regulation set pulses racing, this was surely it—at least for those too young to remember the great reforms of the Depression. Having spent much of the past year trying to prevent all-out financial collapse, America’s leaders are now turning their attention to reinforcing the structures that would prevent a repeat. The proposals that Barack Obama unveiled on June 17th would refashion the federal rules governing almost every corner of finance, pushing government much more deeply into private markets and partially rolling back 30 years of liberalisation. It is, the president declared, nothing short of a “new foundation”, designed to curb “risks built on piles of sand”. Eye-catching though the 88-page “white paper” is, it is not as bold as it might have been. In any case, it merely sounds the opening salvo in a battle that could stretch into next year, since much of the plan requires approval in Congress, where jurisdictional and ideological clashes beckon. The emphasis is on closing gaps where risk had been allowed to build up. Supervision of all firms big enough to threaten overall stability will be consolidated under the Federal Reserve. These entities will be made to hold more capital and liquidity than smaller firms, though all will face higher requirements (which will be determined after a report at the end of this year). The Fed will be advised by a council of regulators that will also scan the horizon for emerging risks. Another priority is the construction of a mechanism to wind down any failed financial giant, not just banks, so that officials no longer face an unenviable choice between bail-outs (AIG) and system-shaking collapse (Lehman Brothers). The net is also being cast over markets in which freewheeling growth contributed to the crisis. Those who package loans together for securitisation will have to beef up disclosure and retain 5% of any deal they structure to encourage sounder underwriting—though the ban on hedging that exposure could be tricky to enforce. Sensibly, the plan calls for payment of arrangers’ fees to be spread over time and reduced if the loans blow up. It also builds on earlier proposals to rein in over-the-counter derivatives, such as credit-default swaps. Those not cleared centrally or traded on exchanges face higher charges. Perhaps the most eye-catching—and certainly the most populist—measure is the creation of a Consumer Financial Protection Agency (CFPA). Taking some powers from the Fed and other bank regulators, this would have broad rule-writing and enforcement powers over mortgages, credit cards and the like. In light of the “liar loans” and option ARMs (a radioactive type of mortgage) that proliferated in recent years, it is hard to argue against an overhaul of such regulation. Still, concern is already mounting that the new agency will take an overly restrictive view of permissible products, limiting access to credit and curbing good as well as bad innovation. Others worry that it will have less leverage than traditional supervisors over banks peddling dodgy products. A bigger concern is Mr Obama’s failure to rationalise America’s tangle of regulators. The Office of Thrift Supervision (OTS) will be subsumed into another agency, but that still leaves four federal bank regulators (plus state agencies), and these will have to work alongside the CFPA. “The alphabet soup has lost three letters and gained four,” moans one consultant. Dropping the idea of a single bank regulator and a merger of the agencies that oversee securities and derivatives, both of which were early Obama goals, was, say officials, a cold-blooded calculation based on the strength of political opposition: from congressional leaders, such as Barney Frank, who have cooled to the idea of a unified regulator in the wake of Britain’s unhappy experience; and from the committees that police, and take contributions from, banks and exchanges. Leaving the framework largely intact is risky. The current set-up is not all bad: one regulator may spot a problem that another misses. But even with the OTS gone, banks will be able to shop for friendly charters. Disagreements between agencies over the dangers lurking in commercial property led to a delay in urging banks to tighten standards. And inter-agency feuding has been growing: witness the spats between the Federal Deposit Insurance Corporation and other regulators over deposit insurance and their treatment of Citigroup. Other punches have been pulled, too. For big insurers, frustrated at having to be regulated state by state, the wait for an optional federal charter goes on. Nor were concrete proposals offered on money-market funds, runs on which intensified the trauma following Lehman  more

Voting Question: Please choose one Which of the following has not yet been empirically established as?

Question No: 1 ( Quiz ) - Please choose one Which of the following has not yet been empirically established as a distinguishing characteristic of entrepreneurs? ► Locus of control ► Feeling about independence ► Need for achievement ► Risk taking Question No: 2 ( Quiz ) - Please choose one There is an evidence that an entrepreneur usually has _______________ parents. ► Self employed ► Discouraged ► Non supportive ► Strict Question No: 3 ( Quiz ) - Please choose one The level at which an individual is viewed by society is called: ► Financial status ► Qualification ► Social status ► Achievement Question No: 4 ( Quiz ) - Please choose one An individual’s need to be recognized is called: ► Need for independence ► Need for affiliation ► Need of fame ► Need for achievement Question No: 5 ( Quiz ) - Please choose one With a commercial history of only 300 years, which country was a new comer to the international arena? ► Japan ► U.S ► China ► U.K Question No: 6 ( Quiz ) - Please choose one International entrepreneur’s decisions are more complex because of: ► Business expansion ► Analysis of Huge information is difficult ► Complex transactions ► Uncontrollable factors Question No: 7 ( Quiz ) - Please choose one A company dealing in beer has a merger with cigarettes manufacturing firm. This merger is called: ► Horizontal merger ► Product extension merger ► Market extension merger ► Vertical merger Question No: 8 ( Quiz ) - Please choose one Which one of the following is an important source of idea generation due to their familiarity with the needs of market? ► Existing products and services ► Distribution channels ► Federal government ► Consumers Question No: 9 ( Quiz ) - Please choose one Which of the following techniques is an excellent method for intial screening of ideas and concepts? ► Focus group ► Problem inventory analysis ► Brain storming ► Reverse brainstorming Question No: 10 ( Quiz ) - Please choose one Which one of the following is the next stage to the Concept Stage of Product Planning and Development Process? ► Idea Stage ► Product Planning Stage ► Product Development Stage ► Test Marketing Stage Question No: 11 ( Quiz ) - Please choose one Which one of the following is a method for obtaining new ideas and solutions by focusing on problems? ► Product inventory analysis ► Gordon method ► Checklist method ► Scientific method Question No: 12 ( Quiz ) - Please choose one Which one of the following is the main problem for the entrepreneur in the beginning stages of creating a new venture? ► Lack of experience ► Limited resources ► Lack of education ► None of the given options Question No: 13 ( Quiz ) - Please choose one A legally binding agreement between two parties is called: ► A contract ► Licensing ► Insurance ► A copyright Question No: 14 ( Quiz ) - Please choose one Which of the following is included in the description of the business? ► Location ► Products offered ► History ► All of the given options Question No: 15 ( Quiz ) - Please choose one The marketing perspective of business plan considers the venture through the eyes of: ► Investor ► Customer ► Entrepreneur ► Marketing manager Question No: 16 ( Quiz ) - Please choose one Which one of the following is NOT a condition of a contract? ► An offer is made ► An acceptance of offer ► Counter offer ► Consideration is given Question No: 17 ( Quiz ) - Please choose one For which of the following copy right acquisition is desirable? ► Songs ► Poems ► Models ► All of the given options Question No: 18 ( Quiz ) - Please choose one Which of the following is TRUE for Disclosure Document? ► It gives recognition that he was the inventor of the idea in past ► It gives recognition that he is the first the inventor of the idea ► It gives recognition that he will be the invent an idea in future ► It gives recognition that he wants to copy the idea Question No: 19 ( Quiz ) - Please choose one Trade barriers cause: ► Increase in cost ► Decrease in cost ► Increase in profit ► None of the given options Question No: 20 ( Quiz ) - Please choose one Having more than 50% ownership position that provides the entrepreneur with managerial control is called: ► Joint venture ► Majority interest ► Horizontal merger ► Diversified activity merger  more

Resolved Question: im stuck on my assignment can anybody help?

In 1996, Christopher bought the freehold of an empty shop for £95,000. Title to the property is registered at The Land Registry. The property included living accommodation (a flat) above the shop. Christopher borrowed money from his Uncle Stanley both to finance the purchase and to cover the cost of fitting out the shop and redecorating the flat. The total sum he borrowed was £125,000. He gave Uncle Stanley a first legal charge over the freehold as security for repayment of the loan and Uncle Stanley registered the charge at The Land Registry. Having completed the purchase, Christopher opened up as a newsagent/general store in the shop premises and moved into the living accommodation above. With the money borrowed from Uncle Stanley he refitted the shop, installing new shelving (costing £5,000) and refrigerators and display cabinets (costing £10,000). He also installed a central heating boiler and radiators in the flat at a cost of a further £5,000. In 2001, Christopher found himself facing a financial crisis and to stave off bankruptcy he borrowed £60,000 from NatWest, giving them a second charge over the freehold, which was duly registered. However, Christopher’s financial fortunes did not improve and his trade creditors (his suppliers) have now obtained a bankruptcy order against him. Christopher has paid all interest on loans up to date but has not repaid any of the loan capital. The business is now valued at £165,000, which includes (a) the freehold of the shop and the flat (the valuers say £120,000, excluding shop fittings and the flat’s central heating system), (b) shop fittings – the shelving, refrigerators, display cases, etc (valued at cost) (c) the central heating in the flat (the valuers say £5,000 for this) (c) the goodwill of the business (the valuers say £25,000). Assuming that the business is sold by Christopher’s trustee in bankruptcy for £165,000 as per the valuation, how much will (a) Uncle Stanley (b) NatWest and (c) the trustee in bankruptcy receive respectively from the proceeds of sale?  more

Resolved Question: im starting to trade stocks for fun. which financial institution is the best to go through and why ?

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Resolved Question: I'm making a presentation about Money and Wall Street, and my friends say I should include things like......?

1. Many people use the term “WallWallWall StreetStreetStreet” as a shorthand for trading and commerce. This is because WallWallWall StreetStreetStreet leads the American market, remaining the headquarters of many influential corporations and setting trends which the rest of the country tends to follow. 2. It is the collective name for the financial and investment community, which includes stock exchanges and large banks, brokerages, securities and underwriting firms, and big businesses. Some people believe that the interests of these big firms contrast those of smaller businesses, or "Main Street". What can I say about this at the presentation?  more

Trading Financial News

trading financial

HONG KONG, July 4 (Xinhua) -- The Bank of China (Hong Kong) Limited (BOCHK), the sole Renminbi (RMB) clearing bank in Hong Kong, announced here Saturday that it will launch RMB clearing services for trade settlement starting from Monday. BOCHK said ...

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BOCHK to launch RMB trade clearing services in HK - Xinhua News Agency

The caravans carrying billions of dollars worth of goods move along a 2,300-mile, mostly rural, two-lane trade route from Mexico to Canada, and frequently stop in on towns like Limon (LY-min) and bring business to their hotels, truck stops, gas ...

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Small-town America pins hopes on West trade route - San Francisco Gate

LONDON (AP) -- PVM Oil Associates, the world's biggest over-the-counter oil brokerage, says it lost nearly $10 million this week because of unauthorized trades that caused a temporary spike in Brent crude markets. PVM said in a statement late ...

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Oil brokerage loses $10 mln on rogue trades - Associated Press

VATICAN CITY (AP) — Pope Benedict XVI has urged G-8 leaders meeting in Italy next week to rewrite global financial rules and defend the world's poor from the effects of the economic downturn, the Vatican said Saturday. In a letter to Italian ...

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Pope urges G8 leaders to rewrite financial rules, defend world's poor ... - Los Angeles Times

Joining a nationwide trend, a majority of Atlanta’s 12 largest publicly traded companies are freezing traditional pension plans for tens of thousands of employees, replacing them with 401(k)s or switching to other retirement plans that are ...

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With traditional pension plans axed, what’s next? - Atlanta Journal Constitution

The U.S. stock market the summer of 2007 during the "boom times." The 1980s marked the golden era of free markets. Under President Ronald Reagan and Britain's Prime Minister Margaret Thatcher, the gospel of deregulation, limited government and the ...

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Reforms signal end of 'free market' era in U.S. and around the world - Patriot-News

The Financial Services Authority is to examine whether Steve Perkins, the rogue oil broker who caused a worldwide spike in Brent crude oil prices last week, was under the influence of drugs or alcohol when he embarked on his dealing spree. Perkins, a ...

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FSA drug query on rogue trader Steve Perkins - Times Online

Europe's free, state-run health care has drawbacks Small town America pins hopes on West trade route Movement to shut down shark tours in Hawaii grows Calif. bullet train hits criticism on SF Peninsula Illegal ads a sticky situation for many towns ...

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With Calif. in turmoil, the spotlight returns to Schwarzenegger's ... - Minneapolis Star Tribune

Thousands of protesters have clashed with Italian police in the first big protest against the upcoming G8 summit of the world's richest nations in Italy next week. Police in riot gear fired teargas at protesters on Saturday to prevent them from ...

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Italy anti-G8 protest turns violent - Al Jazeera

Birth date: April 15, 1942. Career: Former chairman and CEO. Founded Enron in 1985 when his Houston Natural Gas merged with InterNorth in Omaha, Neb., and became chairman and CEO the next year. Stepped down as CEO in February 2001 when Jeffrey ...

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Trading Financial Links

Allow us to Examine a Number of Financial Considerations

Let s look at these new financial offerings called prepaid cards. These are often assigned the name of prepaid credit cards , as in fact many payment cards are generically called credit cards to make it easy. But in the case of prepaid cards, no actual loan is accrued, so there is no chance... of trading has opened up to the consumer. There are numerous kinds of trading out there fx trading all... types of trading is called CFD Trading . This method of trading is about guessing on whether the value more

What is Foreign exchange market?

it straight foreign exchange is trading related to currency conversion. Foreign currency exchange is the largest and the most profitable financial market in the world. The trading is done between large banks, governments, great financial institutions and multinational companies. The foreign... with trading one type of currency for the other. You spend one type of currency to buy another. You... with others and hence the name foreign exchange. Ordinary trading deals with goods. You more

Basics of foreign exchange

Foreign exchange market is the largest financial market in the world that trades with currencies... this is the biggest liquid financial market that deals more than 100 hundred times of stocks dealt.... There is no central exchange to conduct trading and trading occurs between two big banks and this inter-bank... in this decade. The major currency exchange trading centers are Sydney, London, Tokyo, New York and Frank... advantage of currency exchange market is the high level of liquidity. This comes from the big financial more

SPY Swing Trading and Day Trading Video NYSE Stocks ETF

www.todaytrader.com.Day trading in stocks is both risky and difficult. Please consult your financial advisor before attempting to trade actively. TodayTrader is not responsible for any content that may be viewed on this channel. These videos are not meant to be recommendations in the market. Day trading equities requires a retail account balance of at least 000 and must remain at or above this level to trade stocks actively. This website is not a solicitation to buy or sell securities more

What Every Interent Marketer Should Know About Trading Forex, Shares or Commodities

Powered by Max Banner Ads I have often been asked what is the best way for an internet marketer to move into forex trading or trading in stocks and shares or commodity futures trading. Many internet marketers have established themselves, and are seeking more opportunities for additional income - and trading the lucrative financial markets may appeal greatly to them. Indeed more

JSE LIMITED

Limited (JSE) is a South Africa-based securities exchange providing electronic trading, clearing... associated instruments. It is also a provider of financial information products. The Company’s line of business includes listings, trading, clearing and settlement services, technology and related more

Second half 2009 market analysis and investing ideas

in the global economy. Excess liquidity in the financial system as a result of quantitative easing... economic growth rates and healthier financial position. As such, we prefer Asian equities to equities.... Managing portfolio risks The current financial and market crisis clearly points out..., forward and option contracts through technical trading strategies, typically trend following more

Beware the Hype in Options Trading - Finance and Investment Articles

Selling education on options trading is a big business. We see infomercials on television and receive emails advertising free trading software and foolproof trading systems. Unfortunately...: Make all the money you ever dreamed of trading options! Trade options like a pro tomorrow! Want to make 627% trading options? The first statement doesn t even deserve comment... options trading strategies and their behavior in differing markets simply does not happen more

Learn to Trade from These Free Trading Videos

Trading Forex History Tags: financial markets , forex trading , free videos , fundamental analysis...zopzop.net - Learn to Trade from These Free Trading Videos I’ve been thinking that free trading videos would be a big plus for Pipholic. Unfortunately I’m having technical difficulties... which provide free trading videos,  InformedTrades is one of them. InformedTrades tries to help people learn to trade by providing trading courses. They incorporate [...] a Learn to Trade from more

Twitter Updates for 2009-07-04

- A-Shares Up, SME Board IPO Trading Limits Amended: JLM Pacific Epoch is a boutique research... IPO Trading Limits Amended: The Shanghai Composite Index rose 0.92% to close at 3088.37, .. http... (Reuters) - Derivatives pose risks on financial markets t.. http://bit.ly/nYkZl # Years ago more


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