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youcan'tstopusnow
#2191 Posted : Friday, February 17, 2012 4:23:55 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Italy's Catholic Church faces an annual multi-million euro bill over government plans to strip it of its tax-exempt status.
Prime Minister Mario Monti has announced the Vatican must pay taxes on non-religious property, from which it previously enjoyed an exemption.
The annual cost could be up to 720m euros ($945m; £598m) according to municipal government bodies.
Italy's Catholic Church has 110,000 properties, wortha bout 9bn euros.
It includes shopping centres and a range of residentialproperty.
http://www.bbc.co.uk/news/business-17072211

Jeez! I guess it truly pays to be on the side of the Lord!smile
GOD BLESS YOUR LIFE
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hisah
#2192 Posted : Friday, February 17, 2012 4:38:20 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
youcan'tstopusnow wrote:
Wall Street Thursday close reaches pre-crisis high
http://www.bbc.co.uk/news/business-17069462

Me like this smile

Remember Rastani? That trader interviewed by BBC last yr? The one that was labelled a rogue trader for telling the truth? The one that said Goldman sucks rules the world?

Remember....
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#2193 Posted : Friday, February 17, 2012 5:16:25 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Sparta is saved. Hurray! No wonder oil is getting expensive and US markets are cheering with pre 2008 crisis highs.

Very soon Goldman will start doing god's work like back in 2008 - http://www.youtube.com/watch?v=JM-0Ywc7wNY

Greece 1yr bond yield...



2yr bond yields...



$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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youcan'tstopusnow
#2194 Posted : Friday, February 17, 2012 11:08:25 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Fake US bonds worth trillions seized
http://www.bbc.co.uk/news/business-17076378
GOD BLESS YOUR LIFE
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youcan'tstopusnow
#2195 Posted : Friday, February 17, 2012 11:11:57 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Fake US bonds worth trillions seized
http://www.bbc.co.uk/news/business-17076378
GOD BLESS YOUR LIFE
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hisah
#2196 Posted : Saturday, February 18, 2012 8:27:09 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
youcan'tstopusnow wrote:
Fake US bonds worth trillions seized
http://www.bbc.co.uk/news/business-17076378

Yep. This surreal cases involving trillions of stolen or fake US & Japanese bonds have been popping up since July 2011. This is the 2nd on Italy's soil. Coincidence... Think

http://gainspainscapital.com/?p=1050

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#2197 Posted : Saturday, February 18, 2012 8:31:43 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Let us see if this guy moves from one corporate to the other public corporate called gubberment. If Geithner is dropped or resigns, this is the replacement. The game is too predictable these days. Boring stuff...

http://finance.fortune.c...gary-cohn-goldman-sachs/
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#2198 Posted : Saturday, February 18, 2012 9:40:20 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
hisah wrote:
Bloody oil cartel... Someone needs to throw a lead concrete slab at these price appreciation.

Crude oil poised to breakout target $108 then $115.



Brent firmly above $120

Crude oil closed @ $104. Since Nov 2011, $103 has been tough resistance, which has now been broken.

Nothing is making sense this yr, global markets gone berserk. Expensive oil, recessing euroland, huge econ downgrades by rating agencies & world bank to boot making G10 CBs cranky to go hyper money printing again to avoid deflation, collapse of the baltic dry index (shipping activity) and an expensive USD...
Since this doesn't make financial sense anymore, any holy men here to offer a divine interpretation of the current situation.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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youcan'tstopusnow
#2199 Posted : Saturday, February 18, 2012 9:44:23 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Inside the high-end housing market
http://www.bbc.co.uk/news/magazine-17067890
Records are still tumbling...
GOD BLESS YOUR LIFE
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hisah
#2200 Posted : Saturday, February 18, 2012 10:13:09 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
This is about to start getting interesting.

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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