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    Greed

    Just came across this little 'philosophical' extract this morning re ownership of property. "Ownership of property is only an artificial construct. If we can remember that ownership is something that exists only by definition, then it's possible to give up possessiveness, defensiveness and...
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    Purchasing a newsagency...help, please.

    Depends on where and what demographic you buy into. Same old story do your homework. There are a number accountants that specialize in newsagency due diligence out there. Although the margins appear thin, it relies on volume selling. Our turnover was close to $4 million pa, which gave us a...
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    Purchasing a newsagency...help, please.

    I'm a former newsagent (1998 - 2004):) Most State newagency associations conduct seminars on a regular basis, so I would check online to book a seat to get the latest info. Also they have listing of agents for sale. Its not possible, to just set up a newsagency ad hoc, as the publisher...
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    So, just how "fit" are you?

    Evolutionary Fitness Interesting that you should mention evolution tiger, as its something I have been studying in relation to fitness for the last three months. A bit of background first. I read an article in the SMH Good Weekend about Nicholas Nassim Taleb (The Black Swan guy). Anyway...
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    This year's Sydney Hobart yacht race

    Haha The Sydney to Hobart must be the only yacht race in the world that does not allow multihulls entry. Don't you find that bizarre in 2008? I remember when Eric Taberly the French sailor, unofficially smashed the race record back in the early 70's. And sailing solo! Could it be that the...
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    This year's Sydney Hobart yacht race

    Have fun Michael! Hope you are not rail meat the entire race slogging to windward:eek: My brother from North Sails Mona Vale, is racing on a Marten 49 in the Pittwater to Coffs event. Hopefully, a nice slay ride for them, and so much more civilized now that they changed the date to 2nd...
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    This commentator is pretty sensible

    Here you go! http://www.dailyreckoning.com.au/stock-market-continues-recovery/2008/11/28/ The Aussie site is below: http://www.dailyreckoning.com.au/
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    This commentator is pretty sensible

    Here is a much wittier overview of the role of Central Banks Financial markets are part of public life. As a consequence they follow the rules of all public spectacles. That is, they are one part rational and sensible...one part incomprehensible...and one part pure humbug. You never know...
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    Central clearing house required for interbank lending

    The Austrians Were Right LewRockwell.com The Austrians Were Right by Ron Paul Before the U.S. House of Representatives, November 20, 2008 Madame Speaker, many Americans are hoping the new administration will solve the economic problems we face. That’s not likely to happen...
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    The Great Boomer Comeuppance

    He has to be a Gen Y. Still, if it makes him and the Y generation happy, Im happy to accept the blame for us boomers!:D
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    The Great Boomer Comeuppance

    Essay From American Thinker October 05, 2008 The Great Boomer Comeuppance By Richard Berry My cohort, the sainted Boomer generation, now rules this country and its institutions. The elite of this generation, graduates of the finest schools, cosmopolitan in taste and sensibility, and...
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    news coverage 9-11

    And Pink Floyd were'nt just a bunch of stoners after all! The album tells of The New World order to come! http://www.pinkfloyd.co.uk/dsotm/content/setup.html
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    The soft depression that we had to have

    Arthur De Vany's Solution Saving Capitalism from the Capitalists Credit Collapse. What Credit Collapse? Pricing Mortgage Securities When Nobody Knows Anything Everyone will admit that nobody really knows what the mortgages or the securities derived from them are worth. The market is...
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    Is Money Number 1

    LaRouchePAC Presents: 1932 To Govern a Republic, One Must Know the Minds That Created It. "...while a nation goes speculation crazy the people neglect to think of fundamental principles. Franklin Delano Roosevelt http://www.youtube.com/watch?v=RgcdRCWEt4Q&NR=1
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    Will Interest Rates in 08 still ..er.. Fall?

    Its the two speed economy at work. Resource exports in AU are expected to increase by 48% to $178 billion. source: Australian Bureau of Agricultural and Resource Economics (ABARE) released its September quarter commodities report on Monday.
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    The soft depression that we had to have

    Go to war with Russia, Iran and Pakistan in no particular order, then; cancel the upcoming election. (it's about the oil) All those US and British oil companies Saddam threw out 38 years ago are back ready to do business in Iraq. The US Govt has an off balance sheet which no one gets to see...
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    Personal Insolvency - Record Levels

    yes probably right TC:)
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    Personal Insolvency - Record Levels

    Not to mention the stampede of margin calls that must be going on.:eek:
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    Central Banks providing liquidity

    The Latest Report from the Front Line of Wall Street's War on America by Adam Lass, Senior Editor, WaveStrength Options Weekly Yesterday, my fellow editor, Justice Litle, asked where the hell the Plunge Protection Team, or PPT, had gotten to. Today we know the answer: they are up to no...
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    Anyone watching the news out of USA?

    Or to put it another way! Time for the share market to go back to doing what it does best. Separating customers from their money. Don't forget the Alt A loans are still to come and will cause even bigger carnage.
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