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Skip to comments.Kyle Bass NAILS It: Revised GNP Figure Is Exact Number He Predicted
Posted on 08/27/2010 8:35:42 AM PDT by blam
Kyle Bass NAILS It: Revised GNP Figure Is Exact Number He Predicted
Courtney Comstock
Aug. 27, 2010, 11:08 AM
Last week on CNBC, hedge fund manager Kyle Bass predicted the Commerce Department's growth estimate for the 2nd quarter would end up coming in at 1.6%.
Until today, the Department had stuck to its estimate of a 2.4% growth; Bass said on CNBC that it was too optimistic.
He, like others, predicted a downward revision.
Bass said it'd be 1.6%. He was exactly right.
FrontBurner noticed Bass' awesome call:
This morning, the Commerce Dept. issued a revision: the 2nd quarter figure was indeed 1.6%.
Check out 10 more lessons from Kyle Bass >>>
(Excerpt) Read more at businessinsider.com ...
Dow's up 100+.
Go figure.
Where's the "Obamaland people jumping into a hole" video?
That's one hell of a recovery ya got goin' there, Obie...
He's the guy who went to Lehman Bros. to warn them of the collapse to come. They listened to all his data and basically told him, "We hope you are wrong." He was right, of course, and because he shorted their stock, he made billions.
Did I hear Jim Cramer low balling it at about .5% yeaterday? Therefore, it was "better" than expectations. The whole expectations biz by the pundits is a crock designed to make money off of suckers in day trading. I'd think there can't be too many suckers left, which accounts for the light volumes. Forget bulls and bears. We have a "zombie" market.
Really? I never heard that story. Wow. I guess Dick Fuld had no clue.
Fuld seemed to be more competent than Jimmy Cayne at Bear Stearns who was off playing bridge or golf or smoking pot. I had thought Fuld had been an officer in the Army once.
Well we currently have:
Surprising Wednesdays
Unexpected Thursdays
and now we have: Revised Downward Fridays
other Obama administration days of the week's names coming soon....
>>Dows up 100+.
Go figure.<<
I'm sure they will say it's "bargain hunters". When the PPT pushes the market up on only bad news, what else are you gonna say?
In our ROMEO pool, I had 1.4...looks like I owe one of the guys a dollar now. I forget which one had 1.6.
I wonder what the ante was for the pool Bass was in?
It makes perfect sense that the equities markets are up big today.
A "better than expected" report on GDP signals a more "inflationary" trend than originally thought. Any tendency towards inflation makes corporate debt cheaper to pay off and increases their bottom line - stocks go up.
We also had Bernanke saying today that the Fed "might" be willing to do things to add more liquidity to the market. This is being interpreted as a monetary injection - which would be inflationary - stocks go up.
The GDP numbers are a sham based on massive Federal government debt spending. We are in an economic depression.
Bernanke is lying. The international banks want deflation, not inflation. It's all about wealth transfer at this point. Again, we are in an economic depression.
Kyle Bass is right on the money with many of his points.
Surprising Wednesdays
Unexpected Thursdays
and now we have: Revised Downward Friday
= = = = = = = = = = = = = = = = = = = = = = = =
Never really did believe the 'pap' coming out of DC but now it is justified.
They 'leak' a favorable report, 2 days later 'revise' it and never know (well...) what is fact.
Like in the Gulf... when it was to their advantage, 1 million gals a day were racing ashore. When it was found that was no where near being true the best they could come up with was millions of gallons lurking below the surface. When that didn't 'fly' a new microbe was miraculously discovered eating the oil.....
Wasn't Jon Lovett the character on SNL that kept changing his story with each passing breath?
Being in business, I am always skeptical when a local gov will announce a 2 mill deficit then a month later have a 5 mill surplus...which BTW never does get passed back to the people that (supposedly) made it happen, the tax payers.
I personally would fire a book keeper/accountant that made a million dollar 'mistake' in the course of 4 months or so.
Excellent, thanks.
Cramer is one of the great liars of CNBC. He is among the very worst. Kudlow is another.
No matter. There are not 2 people on CNBC who will tell you a straight truth. Rick Santelli is the only one who will tell the truth and speak his mind. Every single one among the rest of them is a paid shill encouraging you to throw your money away in the stock market. That is not to say there are times when equities are good. But in this secular bear market, for the CNBC cheerleader squad, it is always "the best time to buy, ever!"
We may have to make that official - revised downward Fridays. Until August it had been Bank Failure Friday, since all bank failures were announced on Friday. Except for the 8 bank failures announced last Friday, there have been no other bank failures in August.
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Issaquah, WA (PRWEB) September 20, 2012
Margaret M Radio taps into esoteric knowledge and brings it to the world in a way that is both accessible and entertaining. All shows are broadcast in a live video webcast on MargaretMcElroy.com and the audio portion is also streamed live to Blog Talk Radio.
Again & Again
On this week's show, Valerie Shinn examines medical astrology. Listeners can decide for themselves if their astrology chart has an influence on medical and health issues in their lives. Anyone can join the fun in the chat room, or call in to ask Valerie a question on any topic. Linda Zeppa will the guest co-host this week. Again & Again provides information to assist anyone in taking control of their life by using astrology and the development of their innate intuitive gifts. Each show begins with a quick discussion of what is taking place in the sky, before diving into the weekly topic. To round out the show, an affirmation, crystal and Bach Flower Essence will be discussed as healing tools to partner with the weekly theme. Again & Again begins at 7:00 pm Pacific time.
Out of the Blue
On this week's show, Linda Zeppa will be joined by guest host Valerie Shinn. Linda and Valerie will talk about the astrology of India and discuss Margaret McElroy's upcoming events in Bangalore and Delhi. The color for this week's show is Silt Green. Linda Zeppa is an intuitive writing instructor and educator; on each show she shares different writing exercises to facilitate the creative process. Out of the Blue starts at 6:00 pm Pacific time.
Transform Your Life!
Dennis and Karen Dossett use their wisdom and knowledge of various healing modalities to share information for self-transformation. On this week's Transform Your Life! Karen and Dennis Dossett will examine how feelings of uncertainty can affect one internal and external life. They will discuss many of the different healing modalities that can assist you in releasing fear from your spiritual, emotional and physical bodies. Join Karen and Dennis on Thursday from 5:00 pm to 6:00 pm Pacific time and Transform Your Life!
Live questions are welcome on all shows, and anyone can participate in the conversation in the chat room, or by calling in during the shows. Visit the Margaret M Radio webcast page during the live radio shows to join in the fun. Shows will be archived for later viewing.

subset: commoncrawl


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Ask a Law Question, Get an Answer ASAP!
What is the value of the items? Ignoring whether he owed you any money, do you owe rent?
Is the agreement between you whereby you would offset what he owed you against rent, evidenced in writing?
Will the person who has the goods agree to sell them to you if you paid for them?
Did the person that sold the goods have your residential address?
Thank you. I can chat this through with you if you like but there is an extra charge for telephone calls which is done as a Premium Service. I will submit a premium service proposal for you shortly. You can avail of it if you wish.
Even if you owe rent and it's accepted that you owe rent he cannot simply sell goods that you have left behind without following a statutory process.
There is legislation which governs this, the Torts (Interference with Goods) Act 1977.
He has descended notice to you as the owner of the goods telling you that unless you collect them by a certain date (it must be a reasonable period of time depending on the nature of the goods) he will sell them.
The notice has to be in writing, it's got to be left at your proper address or sent by post by either registered or recorded delivery. It must specify his name and address and where the goods are and tell you that they're ready for collection. If you are money in respect of the goods, or rent, it must say how much that amount is. He didn't comply with any of that and hence, he did not have the right to sell the goods. The goods still belong to you.
You know who has them and hence, you should write to that person telling them that unless they let you have the goods back within the next 10 days that you will make an application to court for what is known as "Delivery Up", a court order for them to let you have the goods back. If you use a solicitor to write the letter it will carry more weight. The threat of an application to court should also include a threat to apply for substantial costs against whoever has them the present.
The fact that they may have been paid for is immaterial as the seller has sold something which he was not entitled to. It would be for the buyer to take issue with the seller over that to recover any money which the buyer paid.
Can I clarify anything for you?
Please don't forget to use the rating service to rate positive. It's an important part of the process so that experts get paid.
Best wishes.
It doesn't matter that you owe thousands of pounds of rent. He is still obliged to give you notice under the Act. He would have been entitled to sell them to get the rent back up until a couple of years ago but the law has changed and is no longer able to do that. He can only sell things which have been abandoned and only then after giving you notice.
In your case of course they were not abandoned at all so from his point of view, his position is even worse.
We purely give advice on the Internet and can give you wording for letters but we don't provide solicitor services in the form of acting for you, litigation or letterhead provision. In that respect, you would need a local solicitor.
If you are using a solicitor, then you don't need to give the solicitor the wording because the solicitor will want to use his own wording.
I can give you the exact wording of the letter for you but there is an extra charge for drafting the letter and you would need to rate this service positively also.
I will submit an additional services proposal for you now.
I get 50% of the fee which is about £12 and I have to draft and type it. Although we are in the UK, the site is administered in the United States and hence fees are in dollars. I could knock 5 dollars off.
A solicitor will not even open a file for under £100
Letters sent by email. You need to space the writing and fill in the gaps.
I am glad to help
Have you not received the letters? I already have your email address. The letters were sent on the 20th at 10 AM. Thank you


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McPherson High's JV tennis team took third place here Thursday in the AVCTL Championships that included both Divisions III and IV.
Winfield won the title with 63 points, while Wellington was second with 58.
MHS was third with 51, followed by Wichita Collegiate (35), Circle (25), El Dorado (24), Augusta (12) and Buhler (12).
MHS' Sophie Smith and Ashley Achilles were second at No. 1 and 2 singles, respectively. The No. 1 doubles team of Madison Schmidt and Jessie Kynaston took third, while Caitlin Faulk and Daphne Carrillo placed fifth at No. 2.
"Our JV had a tremendous year. I'm extremely proud of our girls today," MHS coach Tyler Brown said. "Both our singles girls found their way to the finals, which was outstanding. Our doubles also had a great day. Our No. 1s Madison and Jessie upset the No. 3 seed Wichita Collegiate to make it to the semifinals where again we ran into a tough Winfield team. But they finished strong beating Augusta for third."
Brown added his No. 2 team had a tough draw with the No. 1 seed, but rallied for a pair of wins to win the consolation bracket.


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On this blog, I'm usually honest. I may hide my unhappiness for certain things, and put on a fake aura of perfection, but it's usually when I'm super sensitive and don't feel like throwing a pity party on the blogosphere.
As someone who occasionally runs because it's cheaper than a gym membership or yoga studio, I don't really think about the potential for what could happen when I'm running on the coastal highway, around my neighborhood, or within the confines of base. I assume I'm perfect, my form is ideal, and the only injury I could face would be a rolled ankle from pot holes. No one wants to think about being rolled by a car. Pretty much.
So after months of mocking up a RoadID slim bracelet - I finally pulled the trigger. It may also be part of the motivation from this blogger's incident that scared me into spending the $15 to potentially save my life. We're getting real around here. Mr. Wookie recently filled out the mountain of paperwork since deployment is slowly approaching. Nothing is more sobering than end-of-life decisions. And we don't like sober. We like cocktails. Just kidding. Sometimes.
Oh, and thanks to the previous tenants for the NEX flyers. Umm...how awesome can mail day be?!? Okay, yes, I could be #winning the Publishers Clearing House - but sadly, that hasn't happened yet. And probably never will. So until then, I'll dream big. And by that, I mean dream of a dating an old man with billions in trust fund accounts that will be left to me after he quickly croaks. Anna Nicole knew what she was doing. And that's #winning.


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– to inspire a sustainable future!
The race to title of 'world's largest offshore wind farm' has been batted about many times in the past few years – from the 100-turbine Thanet Wind Farm in the North Sea to the 175-turbine London Array. However Moray Offshore Renewables Ltd is planning to top both by constructing three offshore wind farms located 22km (13.5 miles) from the Caithness coast that will contain a total of 339 turbines. The £4.5bn project has the potential to power up to one million households in Scotland!
The project has been divided into two distinctive parts – the offshore generating station and the transmission infrastructure. This system will send the electrical power from the outer Moray Firth to the mainland, where it can be used by residential and industrial customers.
The wind farm is expected to generate 1,500 MW (1.5 GW), with each site (Telford, Stevenson and MacColl) producing 500 MW each.
Don't forget to check out our new Facebook page! And please Share.
via BBC News
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11" x 8.50" Insert - Wall-mountable - Horizontal - Plastic - Black, Gold - View Complete Details
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Recipe: Chocolate-Hazelnut Syrup
A great syrup for coffee and ice cream!
- 2 cups water
- 1 1/4 cups sugar
- 4 tsp. Natural Hazelnut Extract
- 1 tsp. Pure Madagascar Vanilla Extract
- 3 Tbsp. Dutch Cocoa Powder
Combine water and sugar in medium saucepan. Bring to a boil and cook until slightly thickened, about 3 min. Add hazelnut and vanilla extracts, and whisk in cocoa powder until thoroughly combined. Reduce heat and simmer for 20 to 25 min. Remove from heat and allow to cool. Store in the refrigerator in an airtight container.
Serving Suggestions
Use to sweeten coffee or cocktails. Pour over ice cream or use to flavor milkshakes.