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Headline: Poor Funding of Rich Seen as Unsustainable.

Posted By: I think we are in for a depression, folks. on 2006-01-28
In Reply to:

"DAVOS, Switzerland (Reuters) — Massive flows of capital from the emerging to the developed world are unsustainable and risk damaging both poor and rich countries, some of the world's top finance officials said on Saturday.

Speaking at the World Economic Forum in Davos, European Central Bank President Jean-Claude Trichet said that the current global investment pattern was "profoundly abnormal" and in no country's interest.


"It is not sustainable in the long run that the emerging world would finance the industrial world. It doesn't correspond to the interest of the emerging world, neither to the interest of the industrialised world," he said.


In a similar vein, Indian Finance Minister Palaniappan Chidambaram said countries like his, one of the emerging stars on the global economic scene, were under threat.


"Global imbalances are deepening and that has serious consequences for developing countries like India," he said.


The United States is currently seeing huge inflows of capital from the developing world, notably China, that are financing its current account deficit, bolstering the dollar and keeping long-term interest rates low though bond purchases.


The danger to the world economy is that when the inflows eventually dry up there could be sharp economic and market dislocations.


"There are potential triggers that could create serious consequences for the global economy. The first is a southward movement of the dollar, the second is an unexpected increase in U.S. interest rates ... Thirdly, (a spiral in) energy prices... will lead to inflationary expectations," Chidambaram said.


U.S. Deputy Treasury Secretary Robert Kimmitt said that his country needed to play its part to solve the imbalances but also called on China again to let the yuan currency strengthen.


"The U.S. needs to increase savings, starting with a reduction of the budget deficit," he said. "China needs to move its currency to be driven by underlying market forces soon." The growing significance on the world economic stage of countries such as China and India has been a major theme this week at Davos.


U.S. officials such as Kimmitt have been keen to say that they are not expecting any immediate change in the flow of funds from China in particular and that U.S. financial markets are robust enough to handle a change.


There are some concerns on the bond market, however, that China is losing some of its appetite for Treasuries.


India's Chidambaram, meanwhile, said that he expected flows from China would change as local consumption grew.


"I think the direction of exports will change. A country like China will be forced to stimulate domestic demand ... I'm not judgmental about China. The people of developing countries have to have a higher consumption of goods and services," he said. "


 


http://www.usatoday.com/news/world/2006-01-28-davos-rdp_x.htm?csp=24




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rich men versus poor men
I would take a blue collar over a white collar any day.  Blue collar men are more down to earth, can take care of things around the house, do not worry so much about their looks (thats my job), are way more attentive and treat a woman like a lady, all the while being rugged and in charge.  White collar men are metro, cold, corporate, skirt chasers, insensitive, arrogant.  Love over money all the time for me.  Even if I sit and wait for it until I turn gray, I will never settle for less than that.
ohhh...Rich Man Poor Man
Peter Strauss and Nick Nolte...I loved that show.  Never could decide who was cuter - Strauss or Nolte!
hence the difference between a rich skank & a poor one is?
.
Rich Skank, Poor Skank

Generally speaking, people associate the rich with privilege, availability to the best.  Best education, best tutors, best doctors, best therapists, best everything.  Generally, filthy rich people don't have to work and those who are rich but do work have spouses that shouldn't have to work - and often don't anyway.  There should be no reason on earth that their children should be deprived of ANYTHING, especially their parents example as role models.  But where are the parents?  They're off on world cruises, movie debuts, fashion shows in Europe, ski trips to Aspen or the Alps. Their kids are home with nannies and au pairs who raise them because it's their job.


Most poor people, unfortunately for them, are often lumped into the entire group of "welfare moms".  There are some "welfare moms" who are just as dispicable as the rich who have no time for their children, waste their time on men instead of their kids, waste what little money they have on drugs; but then again there are some "welfare moms" who haven't had a good education and have to have minimum wage jobs, those who made bad choices about teen sex and ended up pregnant, or those who aren't even welfare moms at all but hard-working single parents who have to work 2 jobs and are STILL poor.  They're not with their children because they CAN'T be.  They can't work to support them and be there too.  The outcome is all the same...the kids get their examples from TV, music, sports, or the streets.  What is really sad though is that nowadays the example the poor kids get from entertainment are usually the skanks that came from privileged background a la Angelina Jolie, Paris Hilton, Nicole Ritchey, Britney Spears, Gotti boys, Drew Barrymore, etc.


FOX news headline story on their web site
nm
Have you looked into PRN Funding?
May be worth considering...(see link)
we're funding the war with the higher priced gas.
Plus i've noticed on my bills, my taxes are higher, about 3-6 dollars.  Nickel and diming us there as well.
Where did you hear that? And what funding source? Curious. nm
x
You should talk to Phil Cohen at PRN Funding. He is very
You can contact him by visiting the PRN Funding site.  See the link below.
YES, it's true, funding for schooling to replace outsourced jobs...sm
my husband is a machinist (was a machinist) in Illinois where manufacturing took a hard hit. They sent home a piece of paper with his pink slip about getting funding for schooling if the company was identified as having lost jobs due to overseas outsourcing. His company was too small to qualify but I went on the list and found many companies in the Chicago area that qualified. I even posted the info on the boards here about six months ago.
NEW CONTRIBUTION! PRN Funding Golf Umbrellas! Click on Santa's
/
poor, poor management
Line count stealing, no help, rude management, you name it SS has it if it is bad!!!!!!! Run, run, save your life.
If you say I am rich and beautiful...will I be?
z
get rich quick
i'm looking to make extra money without having to do much.  I've researched online and am even thinking of buying that book from that question mark wacky guy "free money from govt."  Some programs that I have saved are secret shoppers and some other things, like real estate investor.  Can anyone recommend anything out there that is NOT a scam, where you can make thousands in a month, not spend any of your own money, and has anyone bought that crazy guy's book about getting free money? 
GET RICH QUICK..

Thats just for the lucky people that come upon something by accident.  lol.  If your looking, it will never happen.  If you ask most rich people how they got rich, they will say I worked real hard for it, or I just got lucky...   I tryed looking in to a few of the get money things, but they all seemed to be SCAMS to me..  If you do find any though, let me now.  


 


 


Yes, if he was rich and good-looking.

eat foods rich in zinc

 

Not having enough zinc can make smelling and tasting things like a festive holiday meal a real challenge. Here’s why: The cells in your tastebuds and nose that help you to smell depend on zinc. In fact, cells in the salivary glands make a zinc-dependent protein called gustin that is secreted into your saliva. An important contributor to your sense of taste, gustin helps develop cells that can distinguish among different flavors.

Although zinc deficiencies are pretty rare in the United States, it’s worth asking your doctor to test for a deficiency if you are experiencing taste and smell loss. Many things can lead to a deficiency, including poor eating habits, alcoholism, certain drugs, kidney disease, and the stress of surgery or serious burns.

"If I discover a zinc deficiency, I typically recommend 25 milligrams of zinc picolinate twice a day to start," says Dr. Silbert. Of course, you can also eat more of the foods that contain zinc. Your best bet is seafood such as cooked oysters and crab. Meats such as lean beef and lean pork also provide zinc, but they’re not really recommended because they are high in saturated fat. Other sources include eggs, whole grains, nuts, and yogurt. If you plan to take more than 20 milligrams of zinc a day, it’s best to do so under your doctor’s care.


In a rich neighborhood in the 'burbs
north of where I live they have fixed the funky paint problem with some kind of zoning ordinance -- people can only use colors on an approved list of "historic" colors.


Insurance companies get rich
If you look at the profits, insurance companies are getting rich.  They are the ones pocketing all the money.  Plus probaby the hospitals are not far behind. I feel the same, my docs are not getting rich. 
It's morally reprehensible that those rich
doctors are forcing you, and all the rest of us to fight for scraps, just because they want more money in their pockets to buy that second home in Aspen.....
LOL! Housekeepers are no longer for the rich

Hope you're okay with the train tracks.  Wouldn't want you to have to transcribe your own visit note?  or 


Anyway, if me and hubby's workload keeps increasing, we'll have to call back that housekeeper.  We have more time (a little :) without having kids - so I can just imagine - but still...so much to do, so little time. 


Well..have a good evening...uh...morning!


Nice to have a rich hubby, but many of us can't
It's easy to tell people to live below their wage, but when their wage is already too low to live on, then what?
Ok, did I say rich?? Point of fact...

we live below our means, which means we save cash for what we want, don't charge silly impulse items, realize that retirement is right around the corner and it is our responsibility, not the government, to take care of ourselves. My point is that many people have bought more house than they could afford, have high car payments, credit cards are charged to the max, have to keep up with the Jones' and then complain about being broke. While I agree that economic times are tough now, there are many people out there who have spent themselves into hard times without and now regret it, but sure didn't want to live on a budget when times were good. Look how lazy the younger generation is now...they expect everything new now, don't want to work for anything because their parents over indulged them, they come out of college expecting to make six-figures and have an easy life.


Don't get you panties in a wad over my opinion....it's just that...my opinion, we are all allowed to have them, this is still America, right?


 


Rich parents, huh? I bet they're so proud of their little girl ...
I can't figure out why she keeps doing this - she's so easy to trace and she gets caught so easily.  I guess she's a couple sandwiches short of a picnic.   I hope everyone sees her name on this board.  Her name will be mud in this industry and maybe whoever is employing her will kick her to the curb and give her job to a decent, deserving person.  I wonder if she's even an MT, now that I think about it ...
How would the doctors/rich HMO CEOs feel about
..
Yep, I am rich, that's why I sitting here typing in the middle of the night!
Of course when I'm done, I'm gonna hop in the limo and have Jeeves take me to NYC to breakfast and get my hair and nails done.  Wanna go?  There's room in the back.  I mean, it is a limo!
WE ARE RICH compared to REAL third world nations
like those hit in the tsunami.  Do you live with three generations in a dirt floor hut?  Are you a farmer, fisherman, or hard laborer?  Do our people have malnutrition and low fetal birth weights?  Do you worry about where your next meal is coming from?  No, we're the fattest nation in the world.  We have a lot to be grateful for but people still want more.  You can sit there behind your computer screen in your heated house while drinking lemonade and tell us all how poor you are, but I don't believe it for a minute.  Your life could be a lot worse.
They also hate us because we cannot stop telling them how rich and strong we are.
x
I know the feeling! I don't have what it takes to "get rich quick."
So many people are charging other people for "information" or other useless garbage, but I can't scam other people. Work ethic and morals is all I've got. I haven't published a book yet. I couldn't find anything to sell on ebay. I have no imagination or real talent. So many other people have talent, skills and imagination. I'm not special at all. LOL
What success...she is a lazy, rich HOUSEWIFE..sounds like the
successful one is her husband.
rich skanks dress better and have nicer cars and homes.

I just pull up in word and save as Rich Text File...nm
x
She's tiny, cute, rich, famous, drug free, and a great singer.
Oh, what a horrible person!  (sarcasm)
Poor MT
Hi, Friend! Why do you assume all MTs are ladies? Isn't that a bit sexist? That aside, you should be the one who sets your rates. Do so in a very businesslike way. If they can't (or won't) afford you services, move on to someone who can. Good luck! Tom
Your Poor Son
I'm sorry that your son has to endure so much pain after what his father decided to try. I hope he doesn't have any further problems. My daughter had a very large plantar wart last year and had to get it burned off at the doctor's office. Thankfully it hasn't recurred. My neighbor's young daughter just had one and because of her age, the doctor told her to put duct tape on it. I thought it sounded really crazy, but it worked. It brought it right up to the surface after about a week. She would use an emory board to file off the dead skin around it and then she applied the one of those medicated pads on it for a few days and it popped right off.
All I can say is THAT'S SCARRY and POOR YOU!

Poor communication
I think it is very interesting and would make wonder why she was fired. Sounds to me like someone with poor management skills, who was communicating bad information as they were not happy in their job.

I have been typing operative reports on the DQS for over a year now. My office has never treated me like I am a "dime a dozen".
I agree with you on here, but why pay someone less because they are poor
than you pay someone that works for Public works. Why not give them a job at Public Works?

It's easier said than done.

If you think they are getting a lot on handouts, think again. They only get Tanif (if they have kids and dont get child support), food stamps up to I think 300 to 350 bucks (my family comsumes more), Medicaid (again if they have children), public housing (who in their right mind would want to live there).

These people are not living a life of the wealth. It is so little that they would want to go out and get a job.

I agree with you about making them work, but you cant give them slave wages either.
poor yuckster
you know why she had to become an MT don't you?  She couldn't get hired working outside of her home because for one, employers refused to make the chairs customized to fit her fanny (too expensive) and also, the endless, sporadic combustion of her pimples was way to off putting to the public (bad for business).  So, she had to become an MT and work in the safety of her home. 
Poor Thing
Can you imagine waking up in the middle of the night with him curled up on your pillow, nose to nose with you??? Guess we shouldn't speak badly of the dead but since they embraced his ugliness I guess it's okay. 
Oh, do I ever know how it feels to be poor at SM

Christmas. We had those years several times. But don't hock your wedding band. I know you were just kidding, right? Don't lose your priorities. If you have to, just TELL them. Really.


2-4 will make ya poor.

Your poor kids will be MTs for sure....they will have to be!
nm
Poor girl is right
I would hate to have to go without chocolate.
My poor mouse...
I'm surprised it's still going, as much as I use it out of frustration.  I find myself grabbing it and patting it VERY HARD on the pad over and over and over again, all while saying something to the tune of, "WHAT IS YOUR PROBLEM?"
Poor Katie
i bet after hours of labor not being allowed to go to a hospital and with a sock or something stuffed in her mouth to keep her quiet, Mrs. Cruise might be ready to realize that her husband, no matter how rich and famous, is a total wackadoodle!  If she had any sense she would go find a good divorce lawyer and get out of there.
poor little kittie--sm
I am a cat lover too and my heart just aches for this one. Has Parveau (?) virus been ruled out??? I will pray for the little kitties health. take care.
Poor baby . .
It it's from nerves try chamomile tea with honey.  I think Celestial Seasonings Sleepy Time tea has chamomile.  Maybe you could look into something homeopathic like Calms or Bach Flower Remedy like Rescue Remedy. 
You Poor Thing!

Rough day for you.  I think we all have been there.  


Make some time for yourself.  QUICK!!  If you can't take a whole day off, take 1/2 a day.  If that won't work....take an hour.  But do something for YOU.  You deserve it.  You need to recharge.


Good Luck.


You poor thing. sm

Dictators like that make me so angry I want to smack 'em! 


It's probably a good thing most of us don't have direct contact with the dictators.  You've heard of road rage?  If we could get our hands on some of these worst-of-the-worst dictators there might be a new term:  MT rage!  (Or maybe *going MT* instead of *going postal.*)  LOL


I'm kidding, of course.  I'm not really suggesting violence.  But I do sometimes wish I could at least get to tell them off in person, instead of doing it at home at my desk, where they can't hear me.    


Hope the rest of your day is better. 


Ah, so! Poor doc. Reminds me of one of my...sm
docs who butchers the English language. I called him on repeatedly spelling a term incorrectly (course rather than coarse) and he relied "I was a pre-vet major, not an English major!"

Sorry about the misunderstanding!