Cuz Merica

[john510]

Let me rephrase that, pretty much all Trump knows how to do is get money.

 

Any random member posting in this thread ( with one or two exceptions) seems to know more about US History than he does.

 

But he is changing, metamorphosing, being absorbed by the Borg (to make an analogy) that is the US Government.

 

Like Pelosi stated, he can still be a good leader...with the proper amount of control

 

His destructive energy can be harnessed to get things done instead of destroying them outright.

 

Unless there appears smoking gun evidence of egregious crimes against America, I don't think he is going anywhere.

 

Thankfully now there seems to be some adults in the room, what some foil heads call the "deep state" I call checks and balances..

 

Thank God Bannon (the alcoholic whom confused Americas supposed decline with his own impending alcoholic dissolution) and Gorka ( fake doctor, real nazi) are gone.

 

Next to go should be Stephen Miller (A jewish nazi in the finest tradition of Henry Kissinger) and Javanka (2 completely worthless individuals).

 

Let's see if his trickle down tax plan ( a complete f!@#$ing disaster in the making,will pass).

Are you filling in for Paradime today ? 

[KoHeartsGPA]

Hilarious how easily offended people continue to read the thread that got them triggered, don't like it, don't come here, don't judge Ratsun based on your poor judgement, have a good day, Matt!

[KoHeartsGPA]

https://youtu.be/Kwm1apB84zM

[dhp123166]

Are you filling in for Paradime today ? 

 

Thanks for the compliment.

[john510]

Thanks for the compliment.

Not sure i would consider it a compliment.More like a comparison.

[dhp123166]

Not sure i would consider it a compliment.More like a comparison.

 

I would.

 

He's smarter than me, and probably smarter than you too.

[125 CSL]

[a.d._510_n_ok]

University of Miami to cover all expenses for eligible DACA students across Florida

 

Beginning in fall 2018, the University of Miami will expand its financial aid program for immigrant students with DACA status to all high school and transfer applicants from Florida.

 

DACA, or Deferred Action for Childhood Arrival, is a federal program that offers temporary protection from deportation to immigrants who came to the United States illegally as children.

 

The University of Miami grant, called U Dreamers, currently serves DACA students only from Miami-Dade County.

 

The university's Assistant Director of Undergraduate Admission Miami Iris Florez said the university decided to expand the grant after witnessing an outpouring of student inquiries from across the nation.

 

“They saw a light of hope,” she said.

 

The grant, which is in its first year, promises to meet 100 percent of students’ demonstrated financial need. The funding covers tuition, room and board, and health insurance.

 

http://www.naplesnews.com/story/news/education/2017/08/25/university-miami-cover-all-expenses-eligible-daca-students-across-florida/578147001/

[john510]

I would.

 

He's smarter than me, and probably smarter than you too.

Right.

[datzenmike]

Well it looks like Ratsun is about the same as when I left.  Lots o' political bullshit.  And of course, those swazis are the correct way around, good luck in India and all that.  Nazis changed it to clockwise rotation.  Looks like I've used up my one post for the next 6 months.  You all can start flinging conspiracy theories there, I'm sure someone will!  Oh, almost forgot, fuck Trump even moreso than Toyota!

 

Well it is only the one post... and full of bullshit. " Ratsun has totally changed my stance on Trump/Hillory political situation, antifa, alt right, Soros, white supremacists, racists or the election system. " said no-one EVER. Good to see you (with a pointy stick) Matt. Indeed... fuck Trump.

 

Blah blah blah. It was a joke. This thread can be locked and deleted for all I care. Waste of Datsun bandwidth...

 

 yes

[racerx]

University of Miami to cover all expenses for eligible DACA students across Florida.

 

Beginning in fall 2018, the University of Miami will expand its financial aid program for immigrant students with DACA status to all high school and transfer applicants from Florida.

 

DACA, or Deferred Action for Childhood Arrival, is a federal program that offers temporary protection from deportation to immigrants who came to the United States illegally as children.

 

The University of Miami grant, called U Dreamers, currently serves DACA students only from Miami-Dade County.

 

The university's Assistant Director of Undergraduate Admission Miami Iris Florez said the university decided to expand the grant after witnessing an outpouring of student inquiries from across the nation.

 

“They saw a light of hope,” she said.

 

The grant, which is in its first year, promises to meet 100 percent of students’ demonstrated financial need. The funding covers tuition, room and board, and health insurance.

 

http://www.naplesnews.com/story/news/education/2017/08/25/university-miami-cover-all-expenses-eligible-daca-students-across-florida/578147001/

....here I am bringing lunch to work, forgoing needed vacation and trying to save money so that I can help my son with his college tuition.

[125 CSL]

This might be a bigger story then the election of Trump. It will bring fundamental change.

 

https://asia.nikkei.com/Markets/Commodities/China-sees-new-world-order-with-oil-benchmark-backed-by-gold

 

DAMON EVANS, Contributing writer

DENPASAR, Indonesia — China is expected shortly to launch a crude oil futures contract priced in yuan and convertible into gold in what analysts say could be a game-changer for the industry.

 

The contract could become the most important Asia-based crude oil benchmark, given that China is the world’s biggest oil importer. Crude oil is usually priced in relation to Brent or West Texas Intermediate futures, both denominated in U.S. dollars.

 

China’s move will allow exporters such as Russia and Iran to circumvent U.S. sanctions by trading in yuan. To further entice trade, China says the yuan will be fully convertible into gold on exchanges in Shanghai and Hong Kong.

 

“The rules of the global oil game may begin to change enormously,” said Luke Gromen, founder of U.S.-based macroeconomic research company FFTT.

 

The Shanghai International Energy Exchange has started to train potential users and is carrying out systems tests following substantial preparations in June and July. This will be China’s first commodities futures contract open to foreign companies such as investment funds, trading houses and petroleum companies.

 

Most of China’s crude imports, which averaged around 7.6 million barrels a day in 2016, are bought on long-term contracts between China’s major oil companies and foreign national oil companies. Deals also take place between Chinese majors and independent Chinese refiners, and between foreign oil majors and global trading companies.

 

Alan Bannister, Asia director of S&P Global Platts, an energy information provider, said that the active involvement of Chinese independent refiners over the last few years “has created a more diverse marketplace of participants domestically in China, creating an environment in which a crude futures contract is more likely to succeed.”

 

China has long wanted to reduce the dominance of the U.S. dollar in the commodities markets. Yuan-denominated gold futures have been traded on the Shanghai Gold Exchange since April 2016, and the exchange is planning to launch the product in Budapest later this year.

 

Yuan-denominated gold contracts were also launched in Hong Kong in July — after two unsuccessful earlier attempts — as China seeks to internationalize its currency. The contracts have been moderately successful.

 

The existence of yuan-backed oil and gold futures means that users will have the option of being paid in physical gold, said Alasdair Macleod, head of research at Goldmoney, a gold-based financial services company based in Toronto. “It is a mechanism which is likely to appeal to oil producers that prefer to avoid using dollars, and are not ready to accept that being paid in yuan for oil sales to China is a good idea either,” Macleod said.

 

Yuan-denominated gold contracts have significant implications, especially for countries like Russia and Iran, Qatar and Venezuela, said Louis-Vincent Gave, chief executive of Gavekal Research, a Hong Kong-based financial research company.

 

These countries would be less vulnerable to Washington’s use of the dollar as a “soft weapon,” if they should fall foul of U.S. foreign policy, he said. “By creating a gold contract settled in renminbi [an alternative name for the yuan], Russia may now sell oil to China for renminbi, then take whatever excess currency it earns to buy gold in Hong Kong. As a result, Russia does not have to buy Chinese assets or switch the proceeds into dollars,” said Gave.

 

Grant Williams, an adviser to Vulpes Investment Management, a Singapore-based hedge fund sponsor, said he expects most oil producers to be happy to exchange their oil reserves for gold. “It’s a transfer of holding their assets in black liquid to yellow metal. It’s a strategic move swapping oil for gold, rather than for U.S. Treasuries, which can be printed out of thin air,” he said.

 

Market share

 

China has been indicating to producers that those happy to sell to them in yuan will benefit from more business. Producers that will not sell to China in yuan will lose market share.

 

Saudi Arabia, a U.S. ally, is a case in point. China proposed pricing oil in yuan to Saudi Arabia in late July, according to Chinese media. It is unclear if Saudi Arabia will yield to its biggest customer, but Beijing has been reducing Saudi Arabia’s share of its total imports, which fell from 25% in 2008 to 15% in 2016.

 

Chinese oil imports rose 13.8% year-on-year during the first half of 2017, but supplies from Saudi Arabia inched up just 1% year-on-year. Over the same timeframe, Russian oil shipments jumped 11%, making Russia China’s top supplier. Angola, which made the yuan its second legal currency in 2015, leapfrogged Saudi Arabia into second spot with an increase of 22% in oil exports to China in the same period.

 

If Saudi Arabia accepts yuan settlement for oil, Gave said, “this would go down like a lead balloon in Washington, where the U.S. Treasury would see this as a threat to the dollar’s hegemony… and it is unlikely the U.S. would continue to approve modern weapon sales to Saudi and the embedded protection of the House of Saud [the kingdom’s ruling family] that comes with them.”

 

The alternative for Saudi Arabia is equally unappetizing. “Getting boxed out of the Chinese market will increasingly mean having to dump excess oil inventories on the global stage, thereby ensuring a sustained low price for oil,” said Gave.

 

But the kingdom is finding other ways to get in with China. On Aug. 24, Saudi Vice Minister of Economy and Planning Mohammed al-Tuwaijri, told a conference in Jeddah that the government was looking at the possibility of issuing a yuan-denominated bond. Saudi Arabia and China have also agreed to establish a $20 billion joint investment fund.

 

Furthermore, the two countries could cement their relationship if China were to take a cornerstone investment in the planned initial public offering of a 5% state in Saudi Aramco, Saudi Arabia’s national oil company. The IPO is expected to be the largest ever, although details on the listing venue and valuation are yet scant.

 

If China were to buy into Saudi Aramco the pricing of Saudi oil could shift from U.S. dollars to yuan, said Macleod. Crucially, “if China can tie in Aramco, with Russia, Iran et al, she will have a degree of influence over nearly 40% of global production, and will be able to progress her desire to exclude dollars for yuan,” he said.

 

“What is interesting is that China’s leadership originally planned to clean up the markets next year, but brought it forward to this year. One interpretation of that change is that they have brought forward the day when they pay for oil in yuan,” said Simon Hunt, a strategic adviser to international investors on the Chinese economy and geopolitics.

 

China is also making efforts to set other commodity benchmarks, such as gas and copper, as Beijing seeks to transform the yuan into the natural trading currency for Asia and emerging markets.

 

Yuan oil futures are expected to attract interest from investors and funds, while state-backed oil majors, such as PetroChina and China Petroleum & Chemical (Sinopec) will provide liquidity to ensure trade. Locally registered entities of JPMorgan, a U.S. bank, and UBS, a Swiss bank, are among the first to have gained approval to trade the contract. But it is understood that the market will be also open to retail investors.

[240zness]

Para wastes bandwidth :)

 

Policy, taxes are one thing... Benghazi , wikileaks , norko

 

Nothing to discuss there

 

I probably wouldn't be reading /not posting Datsun shit without this one. But understood.

 

No gun confiscation "conspiracy" either

[datzenmike]

It's a great time waster while waiting for answers to posts or taking a break from wrenching.

[KoHeartsGPA]

Correct, it's not a conspiracy.

[a.d._510_n_ok]

Well it looks like Ratsun is about the same as when I left.  Lots o' political bullshit.

[tr8er]

Re:125's post on the gold backed Yuen.

 

This has been very interesting to watch. This is why we killed ghadafi when he tried to do exactly what China is doing. If Hillary was President, I wonder what the U.S. Would be doing about it. It is the demise of the dollar for certain. I would expect now is a pretty good time to shift investments to Chinese energy stocks, gold, and Chinese currency. The dollar won't take an immediate visible hit, likely the opposite as the treasury props our dollar in a show of strength. But the hole we've dug won't be filled with our bright future wishes.

 

Bubye dollar...

[125 CSL]

Re:125's post on the gold backed Yuen.

 

This has been very interesting to watch. This is why we killed ghadafi when he tried to do exactly what China is doing. If Hillary was President, I wonder what the U.S. Would be doing about it. It is the demise of the dollar for certain. I would expect now is a pretty good time to shift investments to Chinese energy stocks, gold, and Chinese currency. The dollar won't take an immediate visible hit, likely the opposite as the treasury props our dollar in a show of strength. But the hole we've dug won't be filled with our bright future wishes.

 

Bubye dollar...

I do not think it will fundamentally change the dollar, US has large gold reserves. On top of that China is hording the dollar. It will do them no good to devalue something it owns so much,...and will still have to use the dollar for its trade with the US.

 

Imbecillary, hell the US would already be begging for mercy from half of the world.

 

Interesting the timing, it is along the lines of a conspiracy theory. North Korea acting a fool. The US needing to be able to interact with China. If the contracts are accepted will North Korea become a quiet back water country.

 

Some points,...-Saudi do not have to accept the contract. If Russia, Iran and Venezuela do, all under some kind of sanction and in need of something like gold to trade,....game changed.

-The REAL question is what this will do to Japan and North Korea.

-Gold being tied to oil changed the value in a more chaotic way, H/C Harvey would cause the value of gold to go up in conjunction with crude. Which is the big game changer in the market. Out of currency into commodity changes.

[240zness]

Where is the gold?? Just sayin

[HRH]

^rofl.  Actually I hadn't browsed ratsun in 3 or 4 months, figured I should check back and see if things were still about the same.  I'm enjoying my self-imposed exile, but dammit, that was too good a post not to respond, so now I've done 2 posts in 6 months.  Dammit!  (I see what you did there.)

[VFR800]

Welcome back HRH!!!!! 

[KoHeartsGPA]

We love you, Matt!

[KoHeartsGPA]

Where is the gold?? Just sayin

Chinese have it, hence why they are doing what they are.....

 

Fort Knox is empty, has been for decades!

[datzenmike]

$8.5 trillion. A solid gold cube just under 70 feet on the sides. This is all the gold that has ever been found in the world in all of history.

 

The US alone has about 10.5 trillion dollars in circulation so as you can see it doesn't add up at all.

[VFR800]

$8.5 trillion. A solid gold cube just under 70 feet on the sides. This is all the gold that has ever been found in the world in all of history.

 

The US alone has about 10.5 trillion dollars in circulation so as you can see it doesn't add up at all.

 

 

Gold was removed from the trading of currencies back in the 80's ?  no?