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duke2b

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Everything posted by duke2b

  1. I enjoyed that! Gotta keep it light, loose and fun. This is a happy time! Very soon our investment will come to it's fruition.
  2. Excellent post Tony! You have started one of the most interesting, timely and civil discussions I have ever witnessed here. There is no bashing and people actually being respectful of others opinions without name calling. This is exactly what these forums are supposed to be. Congratulations everyone and lets keep it up!
  3. That story is just "plucked up" man....
  4. After I pay off my debt and set up college funds for my 2 daughters, I plan on giving at least 10% to 3 churches in my area that had a huge impact on my life. I plan on buying a used car for myself and a new mountain bike( I am a racer). I also plan on giving to a couple of LOCAL non-profits, keeping it Local! The rest I plan on socking away for retirement in about 3 t0 5 years.
  5. End To Currency Dispute Eludes Finance Ministers by The Associated Press text size A A A October 10, 2010 Differences that threaten the outbreak of a currency war persisted after a weekend meeting of global finance ministers, who left without resolving what to do. They did agree, however, that the 187-nation International Monetary Fund was the organization best suited to deal with rising global currency tensions that risk overshadowing next month's summit meeting of the Group of 20 nations in South Korea. The G-20 includes traditional economic powers such as the United States and Europe along with fast-growing economies such as China, Brazil and India. Various nations are seeking to devalue their currencies as a way to increase exports and jobs during hard economic times. The concern is that such efforts could trigger a repeat of the trade wars that contributed to the Great Depression of the 1930s as country after country raises protectionist barriers to imported goods. "Currency disputes can easily become trade disputes," cautioned Canadian Finance Minister Jim Flaherty. The International Monetary Fund ended two days of talks Saturday with a communique that pledged to "deepen its work" in the area of currency movements. This included giving the head of the IMF, Dominique Strauss-Kahn a mandate to operate as judge, arbiter and analyst in dealing with the main players in the currency dispute, The United States, the euro area, China and Japan. The communique essentially papered-over sharp differences on currency policies between China and the United States. French Finance Minister Christine Lagarde said that a successful resolution of the currency dispute with China would require a cooling of overheated rhetoric about currency wars. Noting the potential for broader ramifications, Lagarde added: "In a war, there is always a loser and in this situation there must not be a loser." The Obama administration, facing November elections where high U.S. unemployment will be a top issue, has been pressing China to move more quickly to allow its currency to rise in value against the dollar. American manufacturers contend the Chinese yuan is undervalued by as much as 40 percent and this has cost millions of U.S. manufacturing jobs by making Chinese goods cheaper in the United States and U.S. products more expensive in China. China has allowed its currency to rise in value by about 2.3 percent since announcing in June that it would introduce a more flexible exchange rate. Most of that increase has come in recent weeks after the Obama administration began taking a more hardline approach and the U.S. House passed tough legislation to impose economic sanctions on countries found to be manipulating their currencies. Chinese officials continued to insist that their gradual efforts to revalue their currency was the best approach to take. "China will move the exchange rate gradually," Zhou Xiaochuan, head of China's central bank, said during a panel discussion Friday. "We will do it in a gradual way rather than shock therapy." Chinese officials say that allowing the currency to rise too rapidly would cost thousands of manufacturing jobs and destabilize the Chinese economy. China is hardly alone in trying to gain a competitive advantage by using its currency. The United States is contributing to a weaker dollar by pressuring Beijing and by the Federal Reserve flooding the markets with U.S. dollars. The Japanese government intervened in currency markets for the first time in years on Sept. 15. It sold yen and bought dollars to push the yen's value lower. And this week, the Japanese central bank announced that it would pursue a policy similar to the Fed's: buy assets to lower Japanese interest rates, another way to lower the yen's value. Brazil and South Korea have also taken recent actions to weaken their currencies as a way to protect their exporters. Egyptian Finance Minister Youssef Boutros-Ghali told reporters Saturday at a concluding IMF news conference that despite "a number of points of friction" it was significant that all countries recognized the central role of the IMF in trying to resolve currency conflicts. Strauss-Kahn said the G-20 countries remained committed to the goals they established a year ago of achieving more balanced global growth and that this will require changes in currency policies. "We can talk and talk and talk," Strauss-Kahn told reporters about the outcome of the two days of meetings. "What we need is real action. I don't believe this action can be done except in a cooperative way." Here is the link: http://www.npr.org/templates/story/story.php?storyId=130468611
  6. I am going to be thrifty. After I pay off all my debts, I plan on buying a 2005 to 2007 Infinity g35x or the same year Audi A4. I am a former state champ mountain biker so a new 29'er is in order. I also do commercial photography on the side so I plan on buying the new Canon 5D MarkII camera ($2800) with a 70 to 200 f2.8 IS zoom ($2500) and a 16- 35mm f2.8 zoom($1600) The rest i plan on investing for retirement in 3 years.
  7. Great job , Chief . We missed you. You are trustworthy and state that these things are just your opinion and nothing else, which we appreciate. Keep up the good work and don't be a stranger!
  8. Great Post Zekiel. Very well said without bashing. Keep up the good work!
  9. Keep em coming Rudy. Thank you for all you do and for staying positive. I look forward to your posts.
  10. duke2b

    DD Rumor

    So what is your best guess as to when Iraq will become a member of WTO? Has the process already begun? Does Iraq meet all the criteria to become a member? If so, then what is the holdup?
  11. duke2b

    rv-o-meter

    I love Groove Gal.....
  12. Thanks for the post cgbrown. I enjoyed your creativity. People need to chill out. I see no harm in what you wrote and gave you a + to erase at least 1 negative vote you received. If people dont like to read this kind of post , just skip it and move on to the next one, no need to take the time to write a negative post. Keep doing what you are doing cg.
  13. If you opened the third package and there was another six muffins, this would definitley be bad luck as everyone knows 666 is the devil's number
  14. Very funny ... I like the "Gas Station Sunglasses". Ha Ha
  15. This is great news, Thanks for posting. $3.00+ would be great!!!!
  16. I had that same thought last week...but I didn't want to say anything.
  17. Are you sure there are monkeys in Papua New Guinea?
  18. I think the sealed document is the new menu form the Jewish deli around the corner.
  19. Funny post PBR Mongo , you are just Brilliant! Thanks for the laughs!
  20. I thought you were joking, so I didnt believe it. I still dont believe you did it!
  21. I ordered IQD from 5/3 bank late Friday and and received it Tuesday , no problem.
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