Hillary
The liklihood is now that Hillary Clinton will be the next Pres. of the USA.
But Bill Clinton will play quarterback and most things will go well.
My information
January 2008
Translation Services
January 18, 2008
January 11, 2008
Where is Mr.Harper ?
In the latest 12 months we imported 100,000 cars and trucks from Korea; they imported from Canada only 500 vehicles. We go free trade; they go protectionist; perfectly ridiculous.
Easy to fix; any and all restrictions they put on us, we put on them. The same thing goes for Japan.
As a friend of mine once said: "We must be nuts.
January 10, 2008
Obama vs. Clinton
After the Bush disaster we can pretty well count the Republicans out. Obama could beat Hillary Clinton but not Bill.
Our view is that Hillary wants to win and will do what Bill says. It will be the same way if she wins; Bill will call most of the shots and the American people will accept this pattern.
In a way Bill Clinton will be the first 4 term President since FDR; and the stock market will like it.
January 06, 2008
Asset-backed securities
At one of the big brokerage firms in New York, business is done as follows; one of the partners with his right hand sells $500 million asset-backed securites; which are rated top quality; same rating as a US goverment note; the commission could be 1% or 5 million. With his right hand he gets another customer to sell short $500 million asset-backed securites; commision again could be 1% or 5 million. He then goes home to his little estate in Long Island and tells his wife he had a good day at the office; it pays to speak with forked tongue.
