"Give me control of a nation's money and I care not who makes the laws." (Mayer Amschel Rothschild)

"Most people are obsessed with money. Hardly anyone is interested in it."
(Wm. Shakespeare)

Scroll down a bit for posts!

Some Useful Links

FTSE 100 Shares Index (Value) 15 minutes delay. BBC Page
FTSE 100 Shares Index (Graphs) 15 minutes delay. BBC Page


eMail dr.ftse@gmail.com to learn more/how to get started as an Option Trader, or to ask for details of the hugely successful White Knuckle Riders Investment Club (wkr.inv.club@gmail.com) which deals largely in Traded Options, particularly Options in the FTSE 100 Index. The Club's objective is to make 1% PER MONTH for its members.
Since it's inception in August 2000 the Club has paid out £253,000 in profits to members. Members are strongly advised to withdraw accumulated profits regularly; trading options is always riskier than trading in the underlying securities (i.e the 100 companies whose shares make up the so-called 'FTSE 100 Index')


TEAM BLOG Fridge Soup

My Open Option Contracts

(Updated weekly on Friday at close of business, or whenever I re-arrange any of my positions - except I haven't updated them for MONTHS because no one ever reads the blog. See my comments above!)

FTSE INDEX OPTION CONTRACTS
12 x 6850 Short (*) Calls (November 2014 Series)
12 x 6300 Short Puts (November 2014 Series)
Index closed at 6495.6 on 07/10/2014
Expiry on 21st. November 2014

(*) "Short" in the context of option trading means the contracts were opened by selling them.
(**) "Covered" Calls means I have the shares to meet any assignment by the counterparty
(***) "Cash Covered" Puts means I have sufficient cash in my trading account to buy the shares if assigned by the counterparty.


Monday, 14 March 2011

You Want Your Country To Experience Economic Success?

Ask the Americans to bomb the shit out of you!  That needs some explanation.
The other day my stockbroker forwarded an eMail to me which included a lot of pictures like this . .


Hiroshima, 65 years after America bombed the shit out of it. 

If that needs explanation, or if you are American, or if you are less than about 65 years old, here it is. In August 1945, the Americans dropped the first atomic bomb on the city. The surface agenda was to end WW2.  The hidden agenda was a warning to the Russians and the rest of the World not to mess with Uncle Sam.
But don't be too hard on the Americans.  It's well known that they always operate with the World's best interests at heart, are still sore about Pearl Harbour, and MUST, someday, somewhere, do better than they did in Vietnam. (They dropped another atomic bomb on Nagasaki a few days later. Yup! They're really good at the Massacre of the Innocents.)

Along with the Hiroshima pictures, came a lot of pictures like this . . .


Detroit, 65 years after the Americans bombed Hiroshima.

No, America didn't bomb Detroit, though much of Motown now looks like they did. An "argument" accompanied these pictures - laughable if it wasn't so transparently ludicrous and sad.  Essentially the economic freakster who originated the argument seemed to be saying that Hiroshima had recovered and overtaken the Rust Belt because the Japanese don't have a Welfare System.
Whereas . . yes, you've guessed it, Detroit, Michigan etc have gone down the pan because the Clinton and Obama administrations wanted to expand the rudimentary welfare system that disgraces Old Glory!
Remember, this is "Economics" and economists have correctly predicted all 7 of the last 3 recessions.  As I see it, the Rust Belt is rusting because America thinks the world owes it a living, and nobody, least of all a crappy little country where they once slaughtered 100,000 civilians in a single morning, has the right to build better cars than Ford, GM etc., and build 'em cheaper.  Oh, the poor dears.
Here's a similar argument. I don't know if it's logically sounder, or economically more factually based, but when we're into a pseudoscience like freakonomics, who cares?
Japan supports armed forces, but they do not go rampaging round the World squandering countless billions of their taxpayers' yen on wars which they cannot possibly 'win' in any conventional military sense, and will keep them engaged on "bringing freedom and democracy" to countries they know nothing at all about except they don't like them. Instead, the Japanese put their taxpayers' yen to work doing research into robotics, machine tools, computing, you name it . . while Detroit is sacrificed to the ambiton of military cretins throwing ther weight about in the guise of national security.

Tailpiece. The eMail also asked "What happened to the atomic radiation that was supposed to last for thousands of years?"  Well, the answer to that one so really, really simple that even an economist can understand it. The Japanese are still dying from it 65 years later.

No comments:

Post a Comment

I don't leave comments on blogs that use Word Verification. Ditto blogs which I know have Comment Moderation applied. Life's too short and I'm too busy makin' money and what the Hell are these people scared of anyway? If you don't like some creep's comment . . TRY DELETING IT! You have that privilege.
And I never read unpunctuated so-called poetry. I don't understand why self-styled poets think it's clever to make their work difficult to read/understand.