A Gold Rush Wanes as Hedge Funds Sell
By JULIE CRESWELL
Published: September 22, 201
For the better part of the last two years, some of the world’s biggest hedge funds have been piling into gold, betting the precious metal would provide an effective hedge against inflation or be a safer place to park cash as equity markets around the world stumbled.
Is the smart money fleeing gold?
But to the surprise of many investors, when equity markets across the globe tumbled once again on Thursday, gold moved sharply lower as well.
Gold futures for September delivery fell $66.30, or 3.7 percent, to $1,739.20 an ounce in New York. It was quite a turnabout for the metal, which has been soaring in recent months amid the turbulent stock markets.
Hedge funds, which have been ratcheting down their positions in gold futures since early August, were quickly named as the culprits in the latest sell-off.
Some traders said that hedge funds were beginning to unwind, or close out, what has been a very popular and profitable trade for the last 18 months as they bet the dollar would fall and that gold would rise. In the last month alone, the euro has fallen nearly 4 percent against the dollar amid worries about the European debt crisis.
The sell-off in gold was part of a broader move in the markets that had investors shifting away from perceived riskier assets, like commodities, and into the dollar in reaction to the Federal Reserve’s announcement on Wednesday of its new stimulus program.
In addition, the Fed said that there were “significant downside risks” to the United States economy, which sent several commodities, including crude oil and copper, tumbling on Thursday on fears of a global slowdown in demand.
Other market participants said hedge funds were selling their positions in gold to raise cash to meet increased capital demands for their borrowings from Wall Street banks as the assets they have put up as collateral, like other commodities or stocks, have declined sharply in value.
“On the one hand you have a lot of strength in the U.S. dollar, historically gold and the dollar do trade inversely,” said Ryan Detrick, senior technical strategist at Schaeffer’s Investment Research. “The hedge funds are long gold and they need to raise cash and it looks like they are definitely selling some gold.”
Others say some hedge funds may be selling to meet redemption requests from investors who have been spooked by the recent market volatility and fear a repeat of the problems of late 2008.
“A lot of investors are waking up to the realization that something is off. We’ve seen Goldman Sachs close its flagship fund, legendary hedge funds are down sharply, and I suspect we’re going to see significant withdrawals from some hedge funds this year,” said Michael A. Gayed, the chief investment strategist of the investment advisory firm Pension Partners.
“The tendency for individual hedge funds or anybody is to sell winners before they sell losers. What’s been one of the few winners this year? It’s been gold,” Mr. Gayed added.
Still, some are not yet ready to call the end of the gold rush. Even with the pullback, gold remains one of the most profitable investments this year with a gain of 22 percent.
Some strategists have even predicted that gold will reach a record of above $2,300, which it hit during the early 1980s when adjusted for inflation and translated into current dollars. Likewise, the world’s largest exchange-traded gold fund, the SPDR Gold Shares, fell 2.6 percent on Thursday, but remains up 22 percent for the year.
Gold, whether through futures contracts or via exchange-traded funds, has been a popular investment among some of the world’s largest hedge funds. One of the best known “gold bugs” is John A. Paulson, whose firm, Paulson & Company, is the biggest shareholder in the SPDR Gold Shares ETF. But many other hedge funds have embraced the metal as well.
After peaking in early August, hedge funds have been reducing their exposure in the gold futures market, according to Mary Ann Bartels, the head of United States technical analysis for Bank of America Merrill Lynch.
“A lot of speculators were very long in July,” Ms. Bartels said. “But they’ve been taking it down ever since.”
From Brother Geraghty:ReplyDelete
Perry on In-State Tuition Foes:
‘I Don’t Think You Have a Heart.’
According to Luntz’s focus group, this line by Perry was not only his worst moment in the debate, but perhaps the worst moment any Republican has had in any debate since he started doing these debate-watching focus groups.
This isn’t even an immigration issue any more.
This is the same “kinder, gentler,” “compassionate conservatism” contempt for the grassroots that animates much of the Republican party establishment.
Perry can shoot coyotes from now till doomsday and he’s never going to live this down, and you can be sure Democrats in Congress, if they ever make another push on the DREAM Act amnesty, will use his words as part of their campaign against Republicans.
Perry would have been better off insisting that “Poland is free” or comparing himself to JFK.
Taken out of context.ReplyDelete
He basically said, you dont have a heart if you deny a child an education, using the excuse he/she is her illegally, but brought here by no fault of he/her own.
And, he basically shut up Bachman, which was needed. Her voice is starting to grate on me worse than Palin's.
I am not taking up for what Perry said, I just think you have to look at the whole conversation, before someone says, "perhaps the worst moment any Republican has had in any debate since he started doing these debate-watching focus groups."
I'm telling you, the villifying of the Republicans will not end, until the Media decides who they want to run against Obama.
I said a couple of months ago that I didn't see how anyone could want to buy gold at these levels in the face of a coming double-dip recession/depression. Of course, Gold immediately shot up another $200.00/oz, or so. :)ReplyDelete
We own just a little bit of gold (obtained many years ago,) and we won't sell it. But, if I had quite a lot, I definitely think I'd be selling some.
But, if I had quite a lot, I definitely think I'd be selling some.
The advantage of ETF's for broadly held indices or commodities.
I wish I knew more about options.
Or, maybe not.
Heard that there was a $10 trillion USD loss of asset value, in the past couple of days.ReplyDelete
Which makes the minting of $1.2 trillion USD, to pay the interest on the Federal debt, pale into insignificance.
A real leader would take the reins from Mr Bernanke.
"Mischief springs from the power which the moneyed interest derives from a paper currency which they are able to control, from the multitude of corporations with exclusive privileges...which are employed altogether for their benefit."
Mr Jackson, on the threat a National Bank posed to the common liberty.ReplyDelete
it will again take the field against the United States and succeed in perfecting and perpetuating its organization by a charter from Congress.
It is one of the serious evils of our present system of banking that it enables one class of society–and that by no means a numerous one–by its control over the currency, to act injuriously upon the interests of all the others and to exercise more than its just proportion of influence in political affairs.
The agricultural, the mechanical, and the laboring classes have little or no share in the direction of the great moneyed corporations, and from their habits and the nature of their pursuits they are incapable of forming extensive combinations to act together with united force
As Thomas Jefferson opined, on the subject of a National Bank.ReplyDelete
"The incorporation of a bank and the powers assumed (by legislation doing so) have not, in my opinion, been delegated to the United States by the Constitution. They are not among the powers specially enumerated." - Opinion on the Constitutionality of a National Bank, February 15, 1791
Figure he'd know, better than most, what the Founders original intent was.
Mr Jackson, againReplyDelete
The paper-money system and its natural associations–monopoly and exclusive privileges–have already struck their roots too deep in the soil, and it will require all your efforts to check its further growth and to eradicate the evil.
The men who profit by the abuses and desire to perpetuate them will continue to besiege the halls of legislation in the General Government as well as in the States, and will seek by every artifice to mislead and deceive the public servants.
It is to yourselves that you must look for safety and the means of guarding and perpetuating your free institutions.
In your hands is rightfully placed the sovereignty of the country, and to you everyone placed in authority is ultimately responsible. It is always in your power to see that the wishes of the people are carried into faithful execution, and their will, when once made known, must sooner or later be obeyed; and while the people remain, as I trust they ever will, uncorrupted and incorruptible, and continue watchful and jealous of their rights, the Government is safe, and the cause of freedom will continue to triumph over all its enemies.
But it will require steady and persevering exertions on your part to rid yourselves of the iniquities and mischiefs of the paper system and to check the spirit of monopoly and other abuses which have sprung up with it, and of which it is the main support.
So many interests are united to resist all reform on this subject that you must not hope the conflict will be a short one nor success easy.
Mr Jefferson fully understood the intent of the Founders as it applied to the Commerce Clause.ReplyDelete
"It would reduce the whole instrument to a single phrase, that of instituting a Congress with power to do whatever would be for the good of the United States; and as they would be the sole judges of the good or evil, it would be also a power to do whatever evil they please. Certainly no such universal power was meant to be given them. It (the Constitution) was intended to lace them up straightly within the enumerated powers and those without which, as means, these powers could not be carried into effect." - Opinion on the Constitutionality of a National Bank, February 15, 1791
Fuck gold the future's in bling and trillion dollar platinum coins.ReplyDelete
Didn't take long to find the equivalency:ReplyDelete
'Palestinian killed in W. Bank clashes with the IDF'
By YAAKOV KATZ -
The IDF confirmed that it was operating in the area and had been working to quell violent protests which erupted outside the village with the participation of around 300 Palestinians. The military said that soldiers used various riot dispersal means including live fire. Two other Palestinians were also reported to have been injured.
Figure he'd know, better than most, what the Founders original intent was.
Why would he know any more than Alexander Hamilton regarding intent?
As I recall, Hamilton wrote more than half the Federalist Papers.
boobie attempts to belittle Thomas Jefferson and Andrew Jackson, preferring to stand shoulder to shoulder with Obama and Bernanke, instead.ReplyDelete
Preferring paper bank script to Congressional coin.
As is befitting of a such a true beneficiary of Federal Socialist policy, as boobie is.
This argument, in one shade, or another, has been going on at least 5,000 years (prolly more like 10.) :)ReplyDelete
He wouldn't know less, Q.ReplyDelete
That they disagreed, well, there you have it. A political disagreement that was not settled, not then and not 100 years ago, either.
The pendulum still swings.
Towards freedom and liberty.
As it did from Dred Scott to Brown v Board of Education.
He wouldn't know less, Q.
Merely pointing out that using one sides argument in a great national debate and suggesting it provides us with the 'original intent' when clearly there was a major disagreement among people of comparable influence is hardly a persausive argument.
The current state of the economy an example of the long term results of the empowerment of a National Bank known as the Federal Reserve, by the Progressives, coming to fruition.ReplyDelete
Along with freeing Senators from being answerable to their State legislatures, while being personally empowered by incumbency, another check upon Federal power removed by the Progressives.
It certainly provides US with knowledge of Mr Jefferson's ideological intent.ReplyDelete
That he and Mr Hamilton were at odds over Federal power, only rhetorical.
Mr Jefferson buying Louisiana, expanding the powers of the Presidency that he had often previously decried.
While Mr Hamilton was never elected to public office, being the autocratic bureaucrat, instead.
He represented a monied constituency that, while important, should not be the primary policy driver.
They all were doing what they thought best, for the Country, based upon their constituencies and backgrounds.
Not much has changed.
He represented a monied constituency that, while important, should not be the primary policy driver.
A philosophical position. A broad statement that is hard to argue with without defining boundaries; the degree of democracy you want, the economic system you want, the checks and balances that are 'appropriate', how you fund the government you have chosen, etc.
It would require a long and detailed description of rat-World.
The USA's first military enterprise was when the newly-elected George Washington got on his white horsie, and led an army of 6,000 against the farmers/merchants of W. Pennsylvania.ReplyDelete
The "Elites" have been fighting to control the "people" for as long as there has been people.
Hamilton, by the way, rode along with Washington.
The taxes that the small, W. Pa farmers/merchants objected to Did Not apply to G. Washington's refinery, nor any of the "Large" East Coast Refineries. (see "Whiskey Revolution.")ReplyDelete
We Didn't Start the Fire
Ah, I didn't know that, Q.ReplyDelete
This comment has been removed by the author.ReplyDelete
I think I read that Hamilton was one of the big pushers of the excise tax on whiskey and that once the rebellion was over he also pushed for prosecuting the insurrectionists as proof of the power of the centralized government.
Hamilton was a bit edgy for my taste on a number of subjects but many (Aaron Burr excluded) seemed to hold him in high regard, James Madison included.
We should all expand our knowledge vis-a-vie the Age of Enlightenment, especially the Colonial Era. if I had the opportunity again to devote to full time study, I would focus on early America, or become a constitutional scholar.ReplyDelete
Too often we hear from seudo-historians who are always looking to demonize Hamilton, using him as justification for their profligate policies. After all, if they can convince people that Hamilton promoted a Keynesian, debt-laden economy under the grips of international bankers, they can claim Hamilton as "proof" that "this founder believed such-and-such."
It is to America's shame and guilt that the citizens are so ignorant of our history and of justice. A great shame.
I find it kinda funny folk getting their knickers in a bunch over "founders intent" - sorta like the religious folk parsing truth outta the bible, or torah, or koran...ReplyDelete
I have to admit, even my eyes start to glaze over when the subject comes to Hamilton, Madison, etc.ReplyDelete
"It is a miracle that we are now here, exercising our tranquil and free deliberations on the subject. It would be madness to trust to future miracles. A thousand causes must obstruct a reproduction of them…"ReplyDelete
HAMILTON, JOURNAL OF THE CONVENTION, JUNE 29, 1787.
"Free deliberations"? Not in our age of political correctness.
It does help to know the distinction between an idea and dogma.ReplyDelete
Sounds like Big Ethanol has been causing trouble for the duration.ReplyDelete
As it was then, so it is now, in RufusWorld tm, which he portrays as Utopia.
That is part of the entertainment value, ash, that after all this time the original politicos of the government can still influence the flow of events.ReplyDelete
As to the quality of the education derived from the public school system, here in the United States ...
About as good as you could hope for, given that 28% of the students enrolled already do not graduate from High School.
Amongst those mired in poverty and lack of economic opportunity, that rate for drop outs is 43%.
There are over 1,600 public schools where over 60% of the students fail to graduate.
America has such a tenacious vociferous right wing group explosively expanding within the general population. My fear is that persistant fascist inculcation throughout the ranks of this fanatic population has progressed so far beyond the danger point that the ONLY effective cure will come in the form of an all encompassing unrelenting storm of horrific bloody human butchery on the streets and roadways of America.ReplyDelete
Wall Street Journal - ReplyDelete
Pakistani officials snapped back at the US for saying its spy agency was aiding a militant group that targets Americans, and warned Washington that such accusations could sink their alliance.
That'd be a sweet deal, for US.
Obama takes action on Governor Perry's complaints, referencing "No Child Left Behind"ReplyDelete
(Reuters) - President Barack Obama on Friday announced steps to roll back key provisions of "No Child Left Behind," calling the decade-old US education law admirable but flawed.
During last night's GOP debate, Texas Governor Rick Perry claimed that he was "vocal" in opposing President George W. Bush's 'No Child Left Behind' plan for ...ReplyDelete
No child's behind left alone.ReplyDelete
Mr Obama and Mr Perry, on the same page regarding "No Child Left Behind"ReplyDelete
Both belong to the "Moderate Middle"ReplyDelete
Perry on the Lunatic Fringe wrt illegals/border security.ReplyDelete
Not so "Fast & Furious", dougo.ReplyDelete
Seems Mr Perry is in the moderate middle, with GW Bush, BH Obama, J Napolitano and J "M" McCain.
There is consensus amongst the politicos from the border States. Seems Mr Obama is taking their moderate bi-partisan advice.
(Dow Jones)--The European Central Bank has room to ease policy because of
"nonexistent" inflationary pressures,
Antonio Borges, the head of the European department of the International Monetary Fund said Friday
Their is a border state calledReplyDelete
And a majority hispanic border state called New Mexico, with a Mexican Governor, who favors no licenses for illegals, e-verify, a fence, etc etc.
Could you repost that link that's 'sposed to prove that e-verify doesn't work?ReplyDelete
Everyone else says it does,
...I want to check it out.
I guess they'd rather have those drivers unlicensed and uninsured, aye?ReplyDelete
In Arizona, uninsured motorist coverage is not mandatory. However, a report by the Insurance Research Council (IRC) found that 22% of road users in Arizona are driving without insurance. That’s 1,406,244 road users!
Then factor in that
With 500,000 illegal aliens, or 9 percent of its population, the paper reported, Arizona ranked fifth in that measure behind California, Texas, Florida, and New York.
How many of those 500,000 illegal residents are unlicensed drivers and are uninsured, but not counted in the first 1.4 million uninsured.
Having the unlicensed and uninsured on the roads is a greater risk to public safety than granting them drivers licenses, encouraging some measure of financial responsibility on the roads.
Obama proposes High Speed Interstellar Railroads.ReplyDelete
This guy gives affirmative action a black eye.
If we'd give the jobs back to citizens, those alien freeloaders would self-deport.ReplyDelete
But why solve the problem when we can slap on some bubble gum and make it worse, like Texans and the Federal Elite have been doing for decades.
Resulting in a pox upon all of us.
E-verify is a sham, aptly exampled by the Farmers Markets, here in AZ.ReplyDelete
There 1,500 employees had all been E-verified and had I-9 forms on file.
When audited by ICE they found 300 employees that had been E-verified, even though in the US illegally.
20% of their workforce.
Much like untrue but accurate?
Carpenters in Tennessee made ten bucks an hour 30 years ago.ReplyDelete
Ten bucks an hour, anglos need not apply.
We bemoan corporate offshoring...ReplyDelete
...as we deny work to citizens in the good old USA.
So, dougo, you advocate Federal audits for all employers?ReplyDelete
Should we search for part time domestics?
Should every taxpayer be audited to ensure they are not hiring illegal nannies, while not paying their proper FICA liabilities?
I recall that it was a common practice amongst the lady lawyers on the short list to be Attorney General, when Mr Clinton was in power.
That is the same story, here, with regards the carpenters.ReplyDelete
Stagnate wages for constructuon workers, while the prices of the homes skyrocketed.
dougo lays that on the under paid migrants, not the developers and contractors.
Blaming the victims.
Not the exploiters of them.
The Federals are happy collecting the withheld taxes from 1,500 workers, but only receiving 1,200 tax filings and the associated Earned Income Tax Credits.
Zoë Baird had two illegals, from Peru, working for her as nanny and driver. Paid nothing to the Treasury, not paying the FICA.ReplyDelete
No big deal to Mr Clinton, but it was to her opponents.
Kimba Wood had also employed an illegal resident, but did pay the required FICA withholding taxes. She got caught in Zoe's wake and had her nomination for a Federal Judgeship swamped.
Would indicate a lot of tax avoidance, out there.
As would TF Geithner's history.
After an hour of technical talk, he simply said, “Therefore we present to you today this discrepancy, this anomaly.”
But what an anomaly it may be. From 2009 through 2011, the massive OPERA detector buried in a mountain in Gran Sasso, Italy, recorded particles called neutrinos generated at CERN arriving a smidge too soon, faster than light can move in a vacuum. If the finding is confirmed by further experiments, it would throw more than a century of physics into chaos...
Faster Than Light Particles?
Someone said that all great scientific breakthroughs aren't accompanied by "Eureka," but by "isn't that interesting?"ReplyDelete
Italy, you say ...ReplyDelete
Liberty is the great parent of science and of virtue; and a nation will be great in both in proportion as it is free.
The foolish and wicked practice of profane cursing and swearing is a vice so mean and low that every person of sense and character detests and despises it.
We can have no '50-50' allegiance in this country. Either a man is an American and nothing else, or he is not an American at all.
More than 80 percent of urban families in Africa buy charcoal to cook their food. Charcoal is a major driver in cutting down hundreds of millions of trees yearly, resulting in mass deforestation across Africa. In addition, solid fuel use causes indoor pollution thought to be damaging to human health, according to the World Health Organization and United Nations Development Program. The goal is that by 2014, 20 percent of households in Maputo, the capital of Mozambique, will cook with a clean and competitive alternative to charcoal. This will protect 9,000 acres of indigenous forest per year and improve health conditions. “This business model can be replicated and scaled throughout the developing world,” Nagy said. “With CleanStar Mozambique, we hope to show how biotechnology can catalyze the development of agriculture, food, and ethanol industries in developing countries, and create new bio-based markets that benefit local communities and the environment.”ReplyDelete
Novozymes, ICM to Establish Food/Energy Business in Africa.
Beware the hobby that eats.
The Times They Are A'ChangingReplyDelete
They were right.ReplyDelete
Nights in White SatinReplyDelete
Think I'll have a beer.
C'mon Ruf, it's gotta be Bob DylanReplyDelete
whipped cream vodka and coke for me pleaseReplyDelete
Jimi could play that thang.
uh, out of whipped cream, and vodkaReplyDelete
Get with the program. Whipped cream vodka is one product. If you put it in coke it tastes like a vanilla coke.ReplyDelete
Black and tan?ReplyDelete
I can't help it; I can't flip by this one w/o playing it.ReplyDelete
To - You know who you are
I'm really into blue moon these days.ReplyDelete
Blue Moon? Why didn't you say so?ReplyDelete
Blue Moon - The Marcells
In the Still of the NightReplyDelete
Somebody post some music.ReplyDelete
No, blue moonReplyDelete
let her cryReplyDelete
Angel of the MorningReplyDelete
Help Me Make it Through the NightReplyDelete
you're killing me…just "Breathe"ReplyDelete
I have 4 weeks to learn this danceReplyDelete
Get Back - Rooftop ConcertReplyDelete
for what it's worthReplyDelete
Couple of pretty nice little tunes, there, Mel. keep it up. I gotta get another beer.ReplyDelete
Anybody else out there can hep out?
Hmm, guess not. Cheapskates. Too stingy to put a nickel in the jukebox, eh?ReplyDelete
They name streets after folks like you, you know.ReplyDelete
like a stone i fall into your eyes. deep into some mysteryReplyDelete
What street names would they be?ReplyDelete
Ivory Joe Hunter - Since I Met You BabyReplyDelete
Will You Still Love Me Tomorrow?ReplyDelete
I'm just that "one way" type of a girlReplyDelete
Fallin for youReplyDelete
Back to the IslandReplyDelete
Ah, another playah. 's about time.ReplyDelete
Waiting for a girl like youReplyDelete
Loved that Leon Russel Song, Anon. That was Great. Thanks.ReplyDelete
Damn! I don't know what they put in those B-12 shots, but I am wide awake.ReplyDelete
well, check your email.ReplyDelete
Dedicated to the One I LoveReplyDelete
thinking about youReplyDelete
They shoulda put some of that B12 in this Bud Light. I'm about gone.ReplyDelete
thanks rufus i would have never figured that one out on my own.ReplyDelete
"dougo lays that on the under paid migrants, not the developers and contractors.ReplyDelete
Blaming the victims.
Not the exploiters of them."
No, I just said the aliens would self-deport if we made them hire citizens instead of illegals.
...but I don't buy into sob stories for the "victims" while we ignore the victimized American Citizens.
Jeeze, that was thoughtless of me:ReplyDelete
I posted that before refreshing only to find I had barged right into the midst of Happy Hour.
...you have my humble apologies.
Where is that Deuce story for Bob that you were talking about?
the last post or the one before thatReplyDelete
More Norah Cold, Cold HeartReplyDelete
it's the one before this at 3:28 and the comment following it.ReplyDelete
The "Original," Cold, Cold Heart,ReplyDelete
Okay, One More Norah - CrazyReplyDelete
Crazy - PatsyReplyDelete
More Patsy Walkin' After MidnightReplyDelete
Oh, Wait. . Melody wanted a Blue MoonReplyDelete
A Song for YouReplyDelete
Start Me UpReplyDelete
I like this one A Hard Rain's Gonna FallReplyDelete
Leon Russell - 1964ReplyDelete
a slightly different schtick.
hahaha...a brokedown melodyReplyDelete
all summer longReplyDelete
Later Kid. Bonzo's bushed.ReplyDelete
Doug did you find that post? It wasn't a big deal. It gave me a chuckle or two and thought since he wanted my comment to be made a post I would reciprocate the gesture.ReplyDelete
Deuce I thank you for welcoming me back but your explanation of WiO's lack of star space doesn't hold water.ReplyDelete
Practically all of Melody's posts are music or horoscopes, yet she is there.
90% of Ruf's post are ethanol, yet he is there.
There must be another reason.
Really, I mean that, that's pretty lame.
If monothematic posting is the criteria for exclusion.
One standard for Israel, another for everyone else?
He's an American who has never misbehaved and he should be up there.
I was out at a farm today with a friend. His son was cutting chick peas. 1800 pounds an acre, 50 cents a pound, 420 acres = $378,000
You don't know how good this is.
I don't think it's a laughing matter at all. He asked, basically, to have the same rights as the nincompoop from occupied Phoenix who curses the existence of his group.ReplyDelete
I don't see any ha ha ha in here, and I think it's a serious issue.
He's the only one here that really knows anything about the mid east.
A smooth sophisticated reply lacking any substance.
Monothematic posting, may ass.ReplyDelete
The crops are really really good this year.
I'm going to bed.
A man is lucky
When he can get
From a Shrugger
Who thinks farms
Should only be looked at
From a limo
I'd think you'd extend the your vaunted Christian charity to a Jew who wants the same right as his persecutor.
Or are songs, horoscopes and ethanol more important than a serious and knowing discussion of a situation that may blow us all up?ReplyDelete
When I have asked WiO a couple of sincere questions I have always gotten back an in depth polite and knowing reply about his culture and their outlook.
Relent, it is so easy.
"Your neighbors killed you."
Why don't you do a post on the white crime down by my wife's place out of Huntington. It's unbelievable, and there are no blacks there. Just apps as they call them there.
Maybe you just like Melody for intellectual content because she said all the blacks are lazy, which may be your view too, basically.
hmmm?, like Trish might say.
Shrugged is racist literature, it is the literature of the dominator.ReplyDelete
And you is one, underneath, and it ain't compatible with your vaunted Christian charity.
What a FARCE
And there ain't nothing funny about it.
I'd have a better conversation with a chickpea.
"Your neighbors killed you."ReplyDelete
CHRIST CHRIST CHRIST ALMIGHTY IT WAS CHARITBLE CHRISTIANS THAT KILLED THEM
I'm getting pissed. You're a charitable christian who wants a society of the survival of the fittest and you try to hide behind a bunch of crappy catholic mumbo jumbo.
My wife has worked her whole life off helping kids like Melody's and she says all the blacks are lazy.
There are thousands and thousands of blacks who do the same work as my wife, helping kids like Melody's, and Melody says, who is siting at home, blogging, she says, all the blacks are lazy.
And if you press me Melody I will bring up one of the very worst things ever said here, which was by your very songful self.ReplyDelete
The nincompoop from occupied Phoenix of whom you said once, rat your posts are all crap or something just like thatReplyDelete
I am really getting pissed.
I want an intelligent discussion of why WiO ain't up there.
If a person who says, and posts nothing but music and two horoscopes, when WiO actually knows things is up there, if this person who says 'all the blacks are lazy' is up there, then
WHY ISN'T WiO????
Quirk, you think this is important?ReplyDelete
Because I GODDAMN well do.
Where do you stand, Quirk?
Because I respect you.
Should WiO be up there or not.
When it comes right down to it, you know I respect you Quirk.
I ask for your opinion of whether or not, and why, WiO should not be up there with the charitable christians
I am getting really pissed.ReplyDelete
WHAT DO YOU THINK DOUG
What about you rufus, who are half and half, you think WiO ought to have his place?
Melodious One who states all the blacks are lazy, I want your opinion.
WHAT ABOUT YOU FRIEND SAM?
I am getting PISSED
Deuce would rather songs, horoscopes and ethanol than a serious discussion lead by someone WHO ACTUALLY KNOWS SOMETHING
If we do not have this discussion, I am out of here, none of you are worth it and it's a waste of my time.
peace out, my ass, STATE YOUR OPINION YOU WHO SAID ALL BLACKS ARE LAZY, YOU WHO SIT AND BLOG, I WANT YOUR OPINION OF WHETHER OR NOT, AND WHY WiO SHOULD NOT BE UP THERE WITH YOU???ReplyDelete
DOUG YOU ARE A BLACK MAN ENSLAVED BY WHITE EFFORT AND LIBERATED BY SAMEReplyDelete
YOUR OPINION IS VERY IMPORTANT TO ME THE MOST IMPORTANT OF ALL.
SHOULD WiO HAVE HIS PLACE? OR NOT?
I invite all readers to comment and sincerely hope you do.
Why is it that deuce can sit up there with a little art and really make the most repugnant crap of all?
YOUR NEIGHBORS KILLED YOU
A "Catholic" said this, a SHRUGGER.
boobie, the petulant one.ReplyDelete
No one even responds, you are held in such disdain.
You really should seek professional help.
"That US policies with regards to drugs and immigration are causing "trouble" in Mexico, true enough.ReplyDelete
The idea that the US is not addressing those challenges created by it's policies, false."
You cite govt documents and feel-good initiatives about hands across the border, as though they are reality based.
We are the World, indeed!
If the US Govt and crooks in CA and Texas were serious about the issue, the drug trade could be brought to it's knees by securing the border.
We heard nothing but lies for 8 years under GW Bush, we will hear 8 more years of lies if Perry is elected.
You talk of spreading our values to Mexico, but in truth the values of the situation we have funded in Mexico are ravaging vast areas like California's Central Valley and Hispanic Ghettos across the Nation.
Walmart and a few more nice sounding treaties aren't gonna rectify these serious ills.
The Welfare State, liberal policies in "education" and "justice" and corrupt Business/GOP alliances have devastated our schools and communities, and victimized law abiding citizens.
That is one way to look at things, dougo.ReplyDelete
Woe is US, things have never been so bad.
But I do not believe it.
The US still commands the lion's share of whirled economic production.
The US is still a magnet for the less advantaged. all across the globe.
People are still voting with their feet:
California's population has increased by nearly 5 million people over the past decade ...
You take small challenges and extrapolate them beyond reason, dougo.
The Okie's of the "Great Migration" had a similar impact, in California.
Those Grapes of Wrath, bitter indeed.
Small challenges, indeed.ReplyDelete
From first to last in education, nothing to write home about.
Agriculture once first in the World, now fading.
That increase in population, mostly illegal.
The middle class are fleeing in droves, leaving the wealthy on the coast and poverty elsewhere.
The rest of my response in the next thread.