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Stock Market's Worst Month Since 1933...and Obama's Just Getting Started (Capitalism DeathWatchâ„¢)
WSJ ^ | WSJ

Posted on 02/27/2009 3:22:50 PM PST by quesney

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To: fightin bronco
"One of the partners at the firm I work at passed out copies of Atlas Shrugged this morning to colleagues."

I hope that they get all them tucked away before the book burnings begin.

61 posted on 02/27/2009 5:55:37 PM PST by Radix (22;22 EST, 13 Feb 2009, C-Span2, Silent wait for Sen to come bury USA after burying his Mom)
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To: frankjr

And? You think one thing has been done to make it better? It does not seem difficult to list many things in the last week, let alone the past month that do not alleviate anything.


62 posted on 02/27/2009 6:11:24 PM PST by Shanty Shaker
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To: frankjr

Go educate yourself as others have. Why should I type a long 10 paragraph rebuttal to conduct an exercise in educating you on how the Community redevelopment Act was applied, and the nattions lending organs traduced by Clinton sleeper hold overs, who had worked for 8 years to traduce the banking system through imposed lendingguidelines and congress through political donations.Hell, at one point Barney Franks was sleeping with the head of Freddie Mac, maybe you can start there.

Bush hand little to do with it, simply because his hands were tied on the domestic scene, as Congress intended, leaving the war efforts to him.The RINOs ruled congress when someting could have been done abouot it. They even got rid of Tom DeLay because he was on to their game.


63 posted on 02/27/2009 6:49:10 PM PST by Candor7 (Fascism? All it takes is for good men to say nothing, ( member NRA)
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To: frankjr

Bush is definitely “in” on what’s happening.

Since July 2008, Bush has been in the tank for Obama.


64 posted on 02/27/2009 6:51:54 PM PST by Boiling Pots (The Gov't trying to fix the economy is like the Three Stooges trying to fix your plumbing)
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To: frankjr

“It’s all his.”

Is that true in perpetuity?


65 posted on 02/27/2009 6:53:53 PM PST by John W
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To: wbill

LOL!

Okay, I’ll buy that.


66 posted on 02/27/2009 6:58:00 PM PST by CottonBall
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To: Candor7

If you are an American you have to be in Canada to open up a Canadian bank account. Am I wrong? I tried a few months ago at a few Canadian banks with branches here in USA and was told this


67 posted on 02/27/2009 7:00:54 PM PST by dennisw (Archimedes--- Give me a place to stand, and I will move the Earth)
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To: dennisw

You could open an account at PNB in Los Angeles or New York , deposit $$$ into a Peso account ... The Philippine Peso is pretty much disconnected from world currency swings as they really don’t trade much and don’t run large deficits ... it’s an ag economy and a very nice place to sit out a depression on the beach with a cold San Miguel beer..


68 posted on 02/27/2009 7:17:49 PM PST by Neidermeyer
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To: dennisw
You have to have a Canadian Social Insurance number to open a resident canadian Bank Account.

However there are ways to securely invest your money through a Canadian branch Bank here in the USA,and it will remain a lot safer than in ANY US Bank. THey are rock solid, having already paid off all of their derivative bad paper. Scotia Bank , Royal Bank of Canada, all have on line presence, but its better to attend a branch in person, open an account and get your money into a safe position. http://scotiabank.com/cda/content/0,1608,CID5964_LIDen,00.html Scotia Bank Liberty Plz @Liberty St New York, NY 10001 212-962-4123 *************************************** Royal Bank of Canada http://www.rbcwminternational.com/locations.html?new-york Tower 49 12 East 49th Street, 35th Floor New York, New York 10017 USA

69 posted on 02/27/2009 7:20:04 PM PST by Candor7 (Fascism? All it takes is for good men to say nothing, ( member NRA)
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To: dennisw

You have to have a Canadian Social Insurance number to open a resident canadian Bank Account.

However there are ways to securely invest your money through a Canadian branch Bank here in the USA,and it will remain a lot safer than in ANY US Bank. THey are rock solid, having already paid off all of their derivative bad paper.

Scotia Bank , Royal Bank of Canada, all have on line presence, but its better to attend a branch in person, open an account and get your money into a safe position.

http://scotiabank.com/cda/content/0,1608,CID5964_LIDen,00.html

Scotia Bank
Liberty Plz @Liberty St
New York, NY 10001
212-962-4123

***************************************
Royal Bank of Canada

http://www.rbcwminternational.com/locations.html?new-york

Tower 49
12 East 49th Street, 35th Floor
New York, New York 10017
USA


70 posted on 02/27/2009 7:21:18 PM PST by Candor7 (Fascism? All it takes is for good men to say nothing, ( member NRA)
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To: dennisw

If you are an American you have to be in Canada to open up a Canadian bank account. Am I wrong? I tried a few months ago at a few Canadian banks with branches here in USA and was told this.>>>>>>>>>>>>>>>>>>>>>>>>>>>

That is correct. However most canadian banks will sell you certificates of Deposit or Bearer Bonds which are registered at the head offices of the Bank in Canada. That makes them redeemable IN CANADA if things go bust here in the USA.

In some Canadian Branch banks, as a depositor you have the option to purchase preferred shares in the bank , which are traded on NYSE.nThere have been many IPO of preferred shares lately , and all were fully subscribed on the day of isuance, but you canstill pick them up on trades. They also have a very healthy combined return on dividends and interest, some in the vicinity of 8%.

Both of these instruments should be redeemable in the USA or in Canada. If the banking system goes kaput here in the USA, your money would be safe, and you would not have to make an FDIC claim. They are almost broke now anyway, and are also going to the fed for more money next week.

I have no pecuniary interest in posting this info. I am just trying to help as many people as I can.

There is nothing illegal about it. You pay US taxes on the interest earned.

See my post 47 on this thread:

http://www.freerepublic.com/focus/f-news/2195966/posts


71 posted on 02/27/2009 9:15:44 PM PST by Candor7 (Fascism? All it takes is for good men to say nothing, ( member NRA)
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To: dennisw

If you are an American you have to be in Canada to open up a Canadian bank account. Am I wrong? I tried a few months ago at a few Canadian banks with branches here in USA and was told this.>>>>>>>>>>>>>>>>>>>>>>>>>>>

That is correct. However most canadian banks will sell you certificates of Deposit or Bearer Bonds which are registered at the head offices of the Bank in Canada. That makes them redeemable IN CANADA if things go bust here in the USA.

In some Canadian Branch banks, as a depositor you have the option to purchase preferred shares in the bank , which are traded on NYSE.nThere have been many IPO of preferred shares lately , and all were fully subscribed on the day of isuance, but you canstill pick them up on trades. They also have a very healthy combined return on dividends and interest, some in the vicinity of 8%.

Both of these instruments should be redeemable in the USA or in Canada. If the banking system goes kaput here in the USA, your money would be safe, and you would not have to make an FDIC claim. They are almost broke now anyway, and are also going to the fed for more money next week.

I have no pecuniary interest in posting this info. I am just trying to help as many people as I can.

There is nothing illegal about it. You pay US taxes on the interest earned.

See my post 47 on this thread:

http://www.freerepublic.com/focus/f-news/2195966/posts


72 posted on 02/27/2009 9:15:44 PM PST by Candor7 (Fascism? All it takes is for good men to say nothing, ( member NRA)
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To: quesney

I’m expecting the blue dog democrats soon to break with the progressive caucus as soon as they realize that obamaeconomics is a disaster.

Not good for America. NOT GOOD FOR THEM


73 posted on 02/27/2009 9:18:39 PM PST by Enough is ENOUGH
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To: GeorgiaDawg32

Read it, and her other works.


74 posted on 02/27/2009 9:24:57 PM PST by Jet Jaguar (Atlas Shrugged Mode: ON)
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To: Candor7

Much appreciated. I read all your info on Canada accounts for Americans


75 posted on 02/28/2009 1:42:31 AM PST by dennisw (Archimedes--- Give me a place to stand, and I will move the Earth)
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To: Candor7

You have to have a Canadian Social Insurance number to open a resident canadian Bank Account...................

But my understanding is if you as an American take a trip to Canada you can open up a regular old bank account there. And if you are very worried about gold confiscation you can buy gold there and put it in a safe deposit box in Canada in your Canadian bank. Some banks even sell gold Maple Leafs, Scotia being one of them I think


76 posted on 02/28/2009 1:49:49 AM PST by dennisw (Archimedes--- Give me a place to stand, and I will move the Earth)
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