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Petróleo Brasileiro S.A. - Petrobra Message Board

kcf_07757 48 posts  |  Last Activity: Apr 25, 2015 1:44 PM Member since: Apr 18, 2008
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  • What can you say about a person who is a top lawyer, top legal scholar, who consistently tells bank regulators they are s crewing the public by not jailing criminal bankers, who forced the finance world to re-write their contracts in `Plain English` and no hiding the weasel clauses in fine print, and now takes on the President and the business sector and tells them to let the American public see ALL the DETAILs in that TPP Trade agreement before they try to fast track it and hide the bad stuff like they did with NAFTA.... where we lost over 1 million jobs and 3 million indirectly -when they originally promised 177,000 extra jobs per month...

    I`d say that person needs to become President...

    Here`s Eliz Warren statement in response to Obama telling the trade agreement critics that their wrong and to trust him...

    `...The Administration says I’m wrong – that there’s nothing to worry about. They say the deal is nearly done, and they are making a lot of promises about how the deal will affect workers, the environment, and human rights. Promises – but people like you can’t see the actual deal.

    For more than two years now, giant corporations have had an enormous amount of access to see the parts of the deal that might affect them and to give their views as negotiations progressed. But the doors stayed locked for the regular people whose jobs are on the line.

    If most of the trade deal is good for the American economy, but there’s a provision hidden in the fine print that could help multinational corporations ship American jobs overseas or allow for watering down of environmental or labor rules, fast track would mean that Congress couldn’t write an amendment to fix it. It’s all or nothing.

    Before we sign on to rush through a deal like that – no amendments, no delays, no ability to block a bad bil

  • kcf_07757 kcf_07757 Apr 15, 2015 11:28 AM Flag

    This will be a major player in the state.... and probably a game changer in the country if they can effectively sell their batteries to their solar customers and than convince them to also buy their electric cars...

    Plus not many people realize this but Musk last year released to the public his patents on his electric car ... you would probably think that that would be idiotic and a death wish for his own Tesla car company --- but what it does is set the standard across the board for more auto makers to building their electric cars --- which means more business for his battery firm... eventually creating a self feeding cycle of roof top solar, battery manufacturing and expanding electric car growth...

  • Reply to

    Islamic Radicals do not work for a living.

    by noagreement Apr 15, 2015 11:12 AM
    kcf_07757 kcf_07757 Apr 15, 2015 11:21 AM Flag

    Of coarse they work for a living.... someone is paying for their efforts and supporting them.... could be a few major groups or /plus it could be from donations throughout the Sunni world --- I don`t know....

    But the guy you see on the news with the gun is just the spear head with a big crowd in back of him...

  • Under current law, the Joint Committee on Taxation estimates that 5,400 estates will have to deal with the tax over the next several years, out of the well over 2 million deaths that occur annually.

    That’s because individuals with estates valued at less than $5.43 million this year, and married couples with estates worth less than $10.86 million, are exempt. The 2013 “fiscal cliff” deal set the current parameters, which also include a 40 percent rate and linking the exemption parameters to inflation.

    That's not a whole lot of people facing the estate tax, and the ones who do are pretty damn rich. Republicans like to wail about the poor family farmers and small business owners who will be hit by the tax, but I don't think most of us think $5.43 million is all that small. What's more:

    Only roughly 20 small business and small farm estates nationwide owed any estate tax in 2013, according to [the Tax Policy Center]. TPC’s analysis defined a small-business or small farm estate as one with more than half its value in a farm or business and with the farm or business assets valued at less than $5 million. Furthermore, TPC estimates those roughly 20 estates owed just 4.9 percent of their value in tax, on average. [...]

  • Reply to

    Christianity in the Middle East

    by dccherrytrees Apr 5, 2015 12:43 PM
    kcf_07757 kcf_07757 Apr 6, 2015 12:19 PM Flag

    dccherrytrees....

    Interesting post...

    The most fascinating book I ever read on that topic was by travel writer William Dalrymple, -- `From THE HOLY MOUNTAIN: A Journey among the Christians of the Middle East...`, 1997 ..

    One thing about his journey stuck out when I read it... (consider this was taken in 1994) ... He mentions that traveling through Turkey into Syria was dangerous and scary... but once inside Syria he was amazed at how nicely he was treated throughout... The shocker was upon his crossing over into Israel and the feeling became very much the opposite with alot of tension and hatred of not only the Palestinians but of the Christians still in the Holy City of Jeruselum..

    Highly recommend this book -- easy to read, extremely well written and entertaining travelogue... He traced the steps of and old Saint who did the same trip from Mt Atos monistary in Greece to the outskirts of the Egyptian desert where the furthest Christian monistary was established ... some of them still have monks living in caves, some are abandoned... But he tells of all the differences he finds between the various regions and peoples.... No doubt with the uprising of Muslim fundamentalism over the last decade -- it wouldn`t surprise me if many of these are no longer existing...

  • Reply to

    Pence doesn't get it. Never will.

    by ignurnt_o1d_codger Mar 31, 2015 12:39 PM
    kcf_07757 kcf_07757 Mar 31, 2015 5:09 PM Flag

    Just another political fool that is a short term thinker.... pushes what ever the loudest fools in the room tell him and he doesn`t see the bigger picture and how it will look outside of his bubble world...

    When reality finally hits and they see the consequences they all do the 2 step backward and begin pointing fingers at everyone else while not excepting responibility for his own actions...

    The truth is he signed it, he was suppose to read and understand it before he signed it into law and than he defended it....

    So now he wants a do over ... and that everyone should forget that he was the Butthead that signed off on it...

    Pence will try to make himself look like the `smart guy who`s responsive to the public`.. when he changes this... But the bill was designed to undermine taking away a segment of Americans equal rights... Which means there is no way this guy should be anywhere near the Oval Office...

  • kcf_07757 kcf_07757 Mar 28, 2015 12:08 AM Flag

    Gets his heart repo`d....

  • kcf_07757 kcf_07757 Mar 25, 2015 11:27 PM Flag

    fordfashionexpert...

    Yours was the most krap filled post that I have read in ages.... You need to get that empty head of yours out of your backside before you post....

    I worked in the finance area for 25 yrs... in 2008 I had people in the NY banking industry telling us that the whole subprime market was a ponzy scheme... that it what wall st put together was total krap based on loans that were junk...

    It wasn`t the homeowners buying above their heads, but the Wall St guys and the big bankers that were dealing with them that took millions of subprime loans and chopped them up and than remixed them to create a financial product that was due to blow up ... but here`s the real crime --- they had to beat the credit agencies over the head to get them to sign off on regrading them from D`s, Cs up to AAA so that it would open the door to the real big money guys that could only - by their bylaws- be able to purchase AAA financial products for their portfolios -- That`s all the Pension Funds, government agencies, mutual funds, etc.... They got duped and lied to and the collapse of that criminal scheme nearly took down the economy...

    And it was Elizabeth Warren who was the only one with the legal back ground and education in bankruptcy law and banking law that was able to stand up to these people and tell the American public that they were getting ripped off... The other guy who was just as effective and knowledgable on the Wall St /banking schemes was Elliot Spitzer - the NY AG who had trouble keeping his #$%$ in his pants... which left him open to being blackmailed... Which was a shame cause he was actually putting the bankers in jail...

    Your knowledge of Warren and what this country faced is pathetic...

  • kcf_07757 kcf_07757 Mar 24, 2015 5:43 PM Flag

    Obama has a Moral Compass.... Cruz doesn`t.

  • Well --- This draws a line in the sand....

    `..FEMA isn't putting up with flat earth, climate change denying politicians for much longer:

    Starting next year, the agency will approve disaster-preparedness funds only for states whose governors approve hazard-mitigation plans that address climate change.

    This may put several Republican governors who maintain that the Earth isn't warming due to human activities, or prefer to take no action, in a political bind. Their position may block their states' access to hundreds of millions of dollars in FEMA funds. In the last five years, the agency has awarded an average $1 billion a year in grants to states and territories for taking steps to mitigate the effects of disasters.

    Are you listening, Florida Governor Rick Scott? Because Florida truly needs to take the threat of climate change seriously:

    The state of Florida is the region most susceptible to the effects of global warming in this country, according to scientists. Sea-level rise alone threatens 30 percent of the state’s beaches over the next 85 years.

    And yet, Governor Rick Scott has his head buried in that Miami Beach sand:

    DEP (Department of Environmental Protection) officials have been ordered not to use the term “climate change” or “global warming” in any official communications, emails, or reports, according to former DEP employees, consultants, volunteers and records obtained by the Florida Center for Investigative Reporting.

    Republican governors in non-coastal states also need to get the message:

    "This could potentially become a major conflict for several Republican governors," said Barry Rabe, an expert on the politics of climate change at the University of Michigan. "We aren't just talking about coastal states."

    Climate change affects droughts, rainfall, and tornado activity. Fracking is being linked to more earthquakes, he said. "This could affect state leaders across the country.

    To be clear, this will not affect emergency

  • kcf_07757 kcf_07757 Mar 23, 2015 2:06 PM Flag

    Apparently all the statements Netanyahu made during the campaign about not allowing a Palestinian state while he was PM.... Turns on it`s head everything that the USA has been using to justify to the world for the last 4 decades why it is the only backer of the Israeli state... Now makes the USA look like a country that condones apartheid... whereas before we always stated we never did...

    Gonna be tough on our diplomats to be now telling world leaders that -- `Hey.. we were just joking back than..`

    Where as in the past Israeli leaders always hid their beliefs behind the statement `..Lets negotiate...` But now Bebe... comes right out and laughs at that...

    Puts the USA in an especially tough position when dealing with mideast governments... and basicly makes what binLaden and now ISIS is telling their people about the USA more undeniable by us....

    In a way .. ,Bebe to win his election kinda threw the USA under the bus... and I`m guessing Obama doesn`t appreciate the position he`s put us in...

  • kcf_07757 kcf_07757 Mar 12, 2015 6:11 PM Flag

    She`s better than any Republican candidate ...

    But... I still like Elizabeth Warren.... just that she needs another few years in the senate to solidify her background.... Anyone who can make the big banks and wall street krap in their pants if they cheat people has my vote.. And she does... big time... She just called out the top gov lawyer in the SEC for not enforcing all the banking laws.... just the ones he thought were worthwhile....

    Tough to argue with her because as an attorney with bankruptcy specialty and as a law professor with specialty on the finance industry --- she`s not someone that the bankers or their lobbiest can try to bambozzle with complicated terms, etc... since she`s litteraly written the book on some of it...

  • kcf_07757 kcf_07757 Mar 12, 2015 6:04 PM Flag

    Retail sales always drops after XMAS.... too many bills to pay ... add to that the worst winter in decades across large segments of the country and only a fool would think that a drop in retail sales is a precurser of the rest of the year...

    Heavy winter snows also dampened retail sales last yr too if you look at the record...

  • That speech given to the Congress 2 wks ago by the Israel PM has major fallout... in Israel and globally for the USA...

    For the PM in his home country --- elections polls as of yesterday show him now running 3 pts behind his opponent.... and opponent who is promising the voters that unlike the PM he will work to restore relations with the WH and the USA....

    For the USA ... the direct result of that speech saw the conservatives riled up and 47 of them signed a letter addressed directly to the head of a foreign country that was in negotiations with the WH to work out an agreement to bring them into a working relationship with the west if they limit their nuke ambitions... And yes the USA has been there before in the past with this -- but this negotiations has gone further than any other in the past --- To the point that even the recently retired ex Chief of the Israelis Mossad ( their intell agency similar to our CIA) told their Prime Minister and than the Israeli public that this negotiation should be pursued and not interfered with by the PM...

    But the most damaging thing is --- these 47 have inadvertently put on notice every foreign leader in the world that Congress is now the new power in the USA and not the WH when it comes to foreign policy... which means that every President now and in the future -- Dem, Repub or Indpendent --- has now been compromised by these 47 Repub senators....

    Not smart ... not smart at all.... in fact no doubt Putin and the N. koreans are probably loving it....

    We`re seeing more and more stunts like this from the Repubs in Congress -- the House and now the Senate-- We are now at the point where the Repubs have purged out any of their members who have brains and left behind for us the knuckle draggers to run their party and the Congress....

  • Reply to

    why I am not a democrat

    by hoxxy119 Mar 11, 2015 10:07 AM
    kcf_07757 kcf_07757 Mar 12, 2015 5:23 PM Flag

    LOL... I`m seeing more thumbs down than up on my post...

    Guess old Ronnie Reagan`s economic advisor Bruce Babbett was right the other day when he said that the conservatives today were `... poorly read and stupid....`...

    Why am I saying that.... cause everything I posted can be looked up on the internet or if you do the old fashion search and go to a library and look in back issues of the papers/ magazines...

    And I`m sorry if the facts don`t conform to your fantasys.... LOL...

  • Reply to

    why I am not a democrat

    by hoxxy119 Mar 11, 2015 10:07 AM
    kcf_07757 kcf_07757 Mar 11, 2015 11:28 AM Flag

    BAsicly what we have is a political game being played by Repubs and Dems on this topic....

    The problem is that you are absolutely right when you said that ...` Millions of illegals will set a new standard Of "low wage in this country. Why hire American when illegals will work for pennies. ...`

    The problem is even bigger and more dangerous because the Federal Reserve uses the statistical stat of Wages/prices.... to help gauge inflation in the country and determine if interest rates should move upward to slow inflation... something that Alan Greenspan, the ex Fed Reserve Chairman, during this time period kept telling the media and in his Congressional testimony wasn`t showing up --- (growing inflation) -- even though other Fed Region Presidents that were reporting to him (like the Dallas Fed Reg Pres) that inflation was growing dangerous in the country and interest rates needed to rise immediately or we would have a dangerous bubble burst...

    Obviously low interest rates --for too long-- helped drive the Real Estate markets and that coupled with the greed and fraud on Wall Street and the big banks .... helped create the biggest burst since 1929...

  • Reply to

    why I am not a democrat

    by hoxxy119 Mar 11, 2015 10:07 AM
    kcf_07757 kcf_07757 Mar 11, 2015 11:17 AM Flag

    Democrats finally gained a political edge by offering these illegals a step toward being here legally... which 1) got the hispanic votes that had previously gone to spanish speaking - Geo W Bush, 2) helped the unions because `legal` illegals no longer would be getting paid under the table and would have to meet minimum wage laws and be covered --like every other American under labor rights and OSHA safety laws.... ---- This part actually undermines the original intent of the business community that pushed for that large mass migration of illegals in the first place since now they get their enlarged work force,, BUT... now they have to pay them higher wages, etc... just like they would if they hired Americans... ---- Which is a good reason for them to be so against the Democrats efforts to get those illegals out in the open...

    Basicly what we had/ have with illegals in this country is a large scale semi-slave work force that doesn`t have any legal protections (or they get kicked out of the country and lose their below pay jobs).... And what business owner wouldn`t like having workers that they can drive to work excessive hours at really low wages... the profit potential is appealing...

  • Reply to

    why I am not a democrat

    by hoxxy119 Mar 11, 2015 10:07 AM
    kcf_07757 kcf_07757 Mar 11, 2015 11:06 AM Flag

    hoxxy...

    tween 2000 and 2007 gov stats state 12 million illegals crossed into the USA and spread across this country... others like the Border agents and even Goldman Sachs say it could be as high as 18 million... What ever the number is it means that we had millions of illegals in every state of the union... it`s estimated that roughly 1/3rd returned to their home country by 2011 due to lack of job availability due to the 2008 fiscal crisis... That still leaves 8mil to 12 mil that didn`t leave... (also shows that pressure on CEO`s to not hire illegals would be more effective than shutting the border)...

    During that 7 yr period of mass illegal entry.. labor unions and Dems were complaining about the distortion in the blue collar labor market it was causing... as millions were working for below minimum wage, without labor/Osha protections.. and taking away jobs from lower skilled tax paying Americans... Meanwhile conservative business men like Mort Zukerman, CEO of US NEWS AND WORLD REPORT magazine, were making the TV rounds telling listeners that the US needed these illegals cause our population was aging and Americans didn`t want to work at these low pay jobs... this was also the stance of Tom Donohue the head of the US Chamber of Commerce which is the biggest business lobby in the nation...

    So why would a Republican President allow at a minimum 12 mil illegals to enter the country at the same time he was conducting a war on terrorism and tightening up security on citizens ??? Obviously big business desire for cheap labor was the answer... and it`s much cheaper and faster to allow millions of Mexicans, etc into the country to work below the radar than to send US jobs over seas or over the border to our Nafta partners... that benefits all businesses from land scappers to chicken plucking mega factories like Purdue, etc... not just the big exporters... - basicly a reverse outsourcing of American jobs right here in our own country...

  • Reply to

    Rt.Wing Lunacy

    by rz400 Mar 9, 2015 11:21 PM
    kcf_07757 kcf_07757 Mar 10, 2015 10:10 AM Flag

    Did the Logan Act also apply to Reagan when his people dealt directly with the Iranians while President Carter was trying to negotiate the release of US hostages...

    I always thought (and I was a Republican at the time) that that move was bordering on treasonous...

  • The US Congressional Budget Office’s estimate for the cost of Obamacare is falling fast.

    The Affordable Care Act’s expansion of health care coverage will cost the federal government $1.21 trillion over the next decade, the CBO said in a new report. That’s $143 billion less than it forecast in January.

    Why such a big difference in estimates made just a couple of months apart by the same forecasters? There are several reasons, some of which reflect the law’s success—the slowing of health care cost inflation, for example—and others that reflect its failings—like the wiggle room that led to a 2012 Supreme Court decision allowing states to reject the expansion of coverage for the poorest Americans.

    Indeed, the CBO predicts that health insurance premiums to rise more slowly than it originally anticipated, reducing the cost of federal subsidies; and it now expects the law to reduce the country’s uninsured population by 25 million annually, rather than the 27 million it was figuring on before. You can get a good sense of the differences in expectations (from January to March of this year, and also from the time Obamacare was signed into law in March 2010) from this CBO chart:
    (CBO)

    The reduction of nearly $14 billion in annual spending is a key reason the CBO is forecasting lower deficits in the years ahead, down to 2.4% of GDP (below the average deficit of the last 50 years). Barring changes in policy, that rate is expected to hold steady until 2019, when growth in spending on US senior citizen pensions and health care is expected to push deficits back up—a reminder that for all the promise in the Affordable Care Act, the US will still need to re-jigger its budget priorities to accommodate the country’s changing demography.

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