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  • #76
    By the way, Chinese H shares have been getting slaughtered for months now.

    As you may know, I own some FXI, which consists of H shares. FXI is off almost 50% from its highs. If it declines much more, I will be taking the opportunity to push more money into it.
    I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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    • #77



      Bear jumped on boat, mauled man on Vancouver Island
      Last Updated: Wednesday, September 10, 2008 | 9:29 PM ET Comments57Recommend54
      CBC News

      A bear mauling a man on a boat in Port Renfrew, B.C., wouldn't let go of its victim despite being struck with a gaff, beaten with a hammer and stabbed with sharp objects, one of the rescuers said Wednesday.

      "It didn't let go until it died right in his boat," said Bruce Miller, who was the first to try to stop the attack.

      Two men were fishing around 5 p.m. Tuesday when a black bear swam towards their boat and jumped aboard, RCMP Sgt. Roger Plamondon said Wednesday.

      One of the men threw fish overboard, hoping to distract the bear, but he was still attacked, Plamondon said.
      Bruce Miller says he struck the black bear 10 times with a gaff but it wouldn't let go of its victim.Bruce Miller says he struck the black bear 10 times with a gaff but it wouldn't let go of its victim. (CBC)

      An unidentified 52-year-old man from Saltspring Island was taken to hospital with bites to his shoulder and arm, police said. He underwent surgery and is expected to fully recover.

      Miller said he was working on his boat at the Port Renfrew Marina when he heard a "commotion."

      "I just happened to look up and this bear was coming out of the water onto the dock, and right into the back of the guy's boat and went right at him," he said Wednesday.

      "I had to take a second look … and the guy's friend or his brother was standing on the dock screaming."

      Miller ran over with his gaff, a long pole with a sharp hook, and tried to fend off the attack of the bear, weighing about 136 kilograms.

      "I gaffed him probably 10 times and was pulling on him and he wouldn't let go of the victim," he said.

      "Two or three other guys came over to help and put more sharp stuff in it and gaffed it and beat it with a hammer and it wouldn't let go. Finally another gentleman came over with his filletting knife and cut the bear's throat."

      Police said a conservation officer went to the scene and was investigating what prompted the attack.

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      • #78
        Lehman looks like it's going to be sold this weekend, hopefully without a backstop from the taxpayers.

        AIG really could be next. Down 31% today. The largest insurance company in the US and the 35th largest company in the world is going down the tubes fast.
        I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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        • #79
          The Census Bureau reported (nominal) retail sales fell by 0.3% in August after a 0.5% decline in July, which makes it quite certain the Q3 GDP report will show the first quarterly decline in consumer's spending since 2 decades or something. Unemployment rose in both July and August as well. If this doesn't herald a recession, I don't know what else will.

          According to the preliminary readings, Japan's GDP fell by no less than an annualised 3% during the 2nd quarter. Even private non-residental investment and exports (traditional strongholds) didn't rescue them.

          Th Eurozone is being the mirror-image of the US. GDP fell by 0.2% in 2Q, but employment grew by 0.2%. Unemployment only increased by 0.1% since March, but that's not going to last.
          DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

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          • #80
            I'm starting to buy into the wisdom of Greenspan. Can't fight the long-term trends we have going on here.
            I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

            Comment

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