Foreign Currency Trading System American Auto Industry Bailout Funds

Still more of the US automakers bailout and its effect on the global foreign currency markets.   The amazing part of all of  this seems to be the lack of concern on the integrity of the very functioning of the values and underpinning of the bond , credit and foreign interactions of the global financial and forex currency trading systems:

Robert Reich’s Blog: The Auto Bailout Is Going Off the Road – The purpose of any auto bailout ought to be to help American auto workers keep their jobs, regardless of whether they work for GM or Toyota or anyone else. Or if they lose their jobs, help them get new ones that pay almost as well. …

Auto parts makers lost in bailout bustle – The premiere news, sports, and community service for Sandusky Ohio, and the entire north coast. Your News. Your Way.

Auto Bailout Infomercial – Empirical Cost-Benefit and Environmental Value Estimates.

The $85 Billion Taxpayer Auto Bailout? – ProPublica – ProPublica is an independent, non-profit newsroom that produces investigative journalism in the public interest.

Analysts: GM Bankruptcy May Not Be All That Bad – DETROIT — With General Motors’ long-anticipated day of reckoning a little more than a week away, nearly all signs are pointing to the wounded auto giant limping its way into bankruptcy court, but experts say that might not be as bad as …

Al’s Palace: The auto bailout has officially failed – The auto bailout has officially failed · What happened to all that rhetoric about bankruptcy being an unacceptable choice for these two American legends by the Democrats and their RINO brethren? We were told that if we didn`t bail them …

Auto Bailout – Display. All · Top · Scams · Economy. Most recent. Most recent · Most popular · Most discussed. Username: Password: loading comment page. new user? | forgot password? Login. More top stories ». Consumerist …

Your Auto Bailout Tab: $83 Billion And Counting (GM) – The auto bailouts are just money being thrown on a burning fire. Simply put, the american auto makers will never earn enough to pay back these bailouts. Their cost structure is uncompetitive and we are just sustaining it. ..

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Forex News and Rumors – Afternoon Update | OANDA Forex Blog – US Consumer Confidence Rebounds in May The US Consumer Confidence Index jumped to an eight-month high to 54.9 from April’s revised number of 40.8 in April.

Forex Trading: EUR/USD Breaks Below 100-Hour Moving Average … – For the first time since May 18th when the EUR/USD pair went through the 1.3550 area, the pair has broken below the 100 hr moving average in a relatively.

The German Economy Shrinks 3.8% In Q1 – Forex Trading, Currency … – The German Economy Shrinks 3.8% In Q1 The German economy contracted in the first quarter by 3.8%, as the preliminary read showed. The released number represents the biggest quarterly drop since records first begun, in 1970.

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USD/JPY – Weekly Forex Analysis | Daily Markets – USD/JPY (a daily chart of which is shown) was overall mixed in the past week, as directional indecision characterized the pair for much of the week.

Learn The Imporant Features OF Forex Trading | Online Credit Professor – The Foreign Exchange (Forex) market is the centre of trade of currencies. The trading of foreign currencies is done at Forex which are mostly facilitated by banks and financial organizations. Forex is essential for aiding foreign trade …

Technical Analysis Daily: EUR/USD – Forex Trading, Currency … – Technical Analysis Daily: EUR/USD On Friday Euro/Dollar continued its upward movement and crossed the 1.4000 psychological level. The currency couple reached a peak at 1.4043 and closed the week at 1.3993. From a long term perspective …

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Forex Interval: Forex Trading Strategies forex trading – Strategies for trading on currency market are difficult to find. It is also not so easy to develop own forex trading strategy as good trading systems are often born after years of dedicated studying and active trading. …

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Forex and Dow Jones Recommended Levels – Forex Trading, Currency … – Forex and Dow Jones Recommended Levels EUR/USD Today’s support: – 1.3950 and 1.3910(main), where correction is possible. Break would give 1.3891, where correction also may be. Then follows 1.3857. Break of the latter would result in …

Forex Exchange Morning Report – Forex Trading, Currency Forecast … – Forex Exchange Morning Report Correlations – normal service has resumed (for now). Friday marked the second consecutive day when both US equities and the US dollar were sold, a relationship which had broken down since mid-2008.

Asia Session Recap – Forex Trading, Currency Forecast, FX Trading … – Asia Session Recap The first Asia session of the week began in muted fashion. With the US out on holiday on the first trading day of the week and little economic data or news events to drive the market, most of the majors traded in a …

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American Auto Industry – The Bond Markets

Is it a time of economic change ?  Change for the better or the worse ?  It seems as if the underpinning of the American economy have come to a head , if not decline and defeat .  Yet for the world as well .  What other major dumping ground for exports exists worldwide .  Certainly not Europe and the United Kingdom , certainly not Japan or Asia.  Certainly not China with its billions of consumers which the western world ran after in a panic some time ago – creating factories and skills for which to exploit the gigantic Chinese market – only to discover that these enterprises became export factory machines for export of product back to countries of origin – wiping out high paying jobs and careers in those principalities as well.

However its been a long time come to roost.  Some – such as economist of note M.L. Labovitvch , noted of great fame – that it could be seen coming 40 years ago.  Are the Japanese going to provide you a job – he was noted to have refrained.  Yet export tariffs protected the US auto industries.  Its workers could always ask for more as the union in a manner pieced them off.  The company can pay more , its the company bosses …. fault.   Yet neither realized that even if upper management did not want to produce small cars – little econoboxes , no money in it etc etc and so produced stupid vehicles which no American consumer in their right mind would be aka  early Chevy Vegas noted as the worst car Detroit ever built.

What neither of them ( the auto execs,  the union chiefs and the workers) realized that consumers were voting with their feet and money.  It was the consumer who was paying for their livelihood not  the “company bosses” or even the union. It might be noted that the short term answer to this was the SUV craze.  Yet this was shortsighted to the extreme.  In the end you get what you deserve – however in this case the American economy , consumer , world economy and even the bond markets have paid for the hit.

Nader to Congress: Intervene in the Auto Bailout | The Moderate Voice – Today Nader says Congress should intervene in the auto industry bailout: “The government-led restructuring of Chrysler and General Motors has been twice delegated — first by Congress to the Executive, and then by the President to a task …

Instapundit » Blog Archive » AUTO BAILOUT WATCH: Investor … – BURGERS BECOME steadily more refined…. » May 22, 2009. AUTO BAILOUT WATCH: Investor Confidence Ebbs. Gee, I wonder why? Plus, bad news on auto production and sales. Posted at by Glenn Reynolds at 12:34 pm …

Obama Auto Bailout Under Attack | TheDetroitBureau.com – The Obama Administration’s proposed bailout of General Motors and Chrysler is facing a growing chorus of criticism – and, significantly, it’s coming from.

Japanese Firms Line Up for US Auto Bailout – Companies * Asia … – More Japanese suppliers to General Motors and Chrysler have applied to a US government program to guarantee the debts of the two ailing auto giants as the chances of GM following Chrysler into bankruptcy keeps rising, …

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America as the resevoir of exports and foreign currency holdings

                        It can be more than said that the Obama administration is drawing more than concern worldwide from the forex foreign exchange communities , as well as the treasuries and investors worldwide across the globe due to scope and nature of the spending spree and the “bailouts”.  Are they bailouts or a whole radical change in the whole nature of the American economy.  Is it all an attempt at social engineering on a most grand scale – almost as grand as the bailout or is it good medicine for the world economy and foreign currencies ?

                        America has become the sponge of foreign currency and forex trade.  Where is  the large export market to export to to earn that foreign currency and maintain economic growth in countries across the globe ?  Its not Europe , its not Asia its only the states.  True in the end those countries end up with a whack of US dollars to hold .  At least they got something worthwhile in the bargain.  Well at least before the Obama administation took office .

Key events in Obama’s first 100 days – Kansas City Star – 24: Obama addresses a joint session of Congress for the first time, focusing on economic issues.Feb. 26: Obama unveils a $3.6 trillion federal budget for 2010 and estimates that the federal deficit for 2009 will balloon to $1.75 trillion.Feb. 27: Obama announces withdrawal … March 16: Obama declares he will stop insurer American International Group Inc. from paying out millions in executive bonuses after receiving billions in federal bailout funds. …

100 Days Of Obama: Evidence Of Change Everywhere | The Seferm Post – Obama went pedal-to-the-metal to throw money at the problem, first with billions of bailout dollars, next with billions of stimulus dollars, then with a proposed budget expected to produce $9.3 trillion in deficits over the next decade. …

even yet another blag: Obama hearts fiscal discipline – In addressing fiscal discipline, Obama has adopted an alternative approach: Talking up his biggest failing. After passing a $3.5 trillion bailout and stimulus, he wants to reintroduce the pay-go? He says he’s identified $2 trillion in …

Milwaukee Live: Obama Spending Spee Creating Major Concerns – During the first 100 days of his presidency, Obama has signed a $787 billion stimulus bill into law, proposed an eye-popping $3.6 trillion budget for the next fiscal year, taken over a massive $700 billion Wall Street bailout program …

Capital on the Offensive against the Working Class – Class … – Since the economic crisis began, the Bush administration and then the Obama administration have handed trillions of dollars over to the banks, financial companies and big corporations in one bailout or another. …

Obama’s Economic Plan ‘Dangerous’ « One Man’s Thoughts – Obama has said that his bailouts and economic recovery plans will boost the deficit, to $1.75 trillion this year. But Cheney said his concern isn’t only long-term deficits but that Obama “is also redefining that relationship between …

Perception Of Tea Parties Was Incorrect – This was about spending at the federal level that has gone completely berserk, about an exploding deficit that threatens the quality of life of our kids (and probably that of our kids’ kids), and about a bailout mentality in Washington … The deficit in the first year of Obama’s presidency: $1.85 trillion. Obama’s first deficit will amass more debt than all 43 of his predecessors — combined! His own budget director has admitted that the administration’s 10-year budget …

GM’s Place » Obama’s Two Faced Approach To Spending – In the early months of his presidency, President Obama has shown he isn’t afraid to spend billions of dollars on corporate bailouts or to run up trillions of dollars in U.S. debt to battle an economic crisis. …

Ron Paul Votes NO BAILOUT (Speech on the House Floor) | Liberty … – September 29, 2008, US House of Representatives. Ron Paul [R-TX] votes NO on the bailout bill. AYES 205 NOES 228 clerk. … Browse: Home / Protecting Our Liberty / Ron Paul Votes NO BAILOUT (Speech on the House Floor) …. They are the ones that are barrowing Trillions of Dollars that they can’t pay back, and The people of America are the people that barrow from the government, and pay our taxes with that barrowed unpayable money. adriannacruz …

portland imc – 2009.04.26 – Obama Draws Fire from Socialists and … – President Obama’s fiscal road map, the bailouts for the financial sector, the occupation of Iraq and Afghanistan, and the bulging national budget, will likely cost the nation more than $7 trillion over the next year with many socialists …

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Amazing Part of Obama

               There can be said to to be several parts concerning the Obama “administration”  and its effects on the world economy and the forex foreign currency trading situation.

              First of all while the American public elected Mr. Obama the rest of the world is rather concerned.  Its an interconnected world – an foreign currency is the jam or the oil that makes it all work well .  On top of that the dollar numbers involved in the “bailouts”  are beyond comprehension.  Yet foreign governments are watching their holdings , in US dollar demominations , being played around by people of little real experience or background , like a financial planner saying jokingly ( or not so jokingly ) , that he will “play around”  or “we can play around”  with money you have set aside for investments.  Hard earned money at that.  What a bunch of children and crooks.  And yet the environmentalist Mr. Obama flies to Hawaii in an almost empty jumbo jet.

Robert Reich’s Blog: How Obama Can Succeed in the Next Hundred … – The stimulus and bank bailouts have required the government to pump almost $1.5 trillion into the economy and the Federal Reserve Board to dramatically expand the money supply. This makes sense in the short term. …

Barack Obama: Screw You! | American Conservative Daily – Yes, that’s right, “mutate” into something “unhealthy” — that’s how Barack Obama’s administration responded to those patriotic Americans who opposed trillions of dollars in out-of-control federal spending, and who also opposed bailouts …

President Obama’s First 100 Days « On Freedom’s Wings – Through all the bailouts the President and his administration have pledged $9.7 trillion of taxpayer money. That is in addition to the $11 trillion current national debt. He signed into law a housing bailout that $75 billion towards …

Obama’s first 100 days as U.S. president | HonoluluAdvertiser.com … – April 2: Obama attends the Group of 20 economic summit in London, where leaders agree to bail out developing countries, stimulate world trade and regulate financial firms more stringently. … April 20: Obama holds the first formal Cabinet meeting of his administration, ordering department heads to slice spending by $100 million, a tiny fraction of the $3.6 trillion federal budget he proposed a month earlier. April 21: Obama leaves the door open for prosecution of federal …

The Bailout Is a Fraud That Could Bring Down Obama | Corporate … – Inflation will kick in. More trillions for the Macs will be needed. Housing isn’t going to recover and stocks will be forty percent below what many paid for them for a long time. Obama will go down. And of course the black media and …

 

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           With all the political changes with the new Obama administration its as if everything has been shaken at the helm.  It has. What used to be standard rules do not hold in play.  It could be said before the election that the president really did not have that much power , when you got down to it .  Next politicians are politicians and live to be reelected .  Promises are promises.  Yet there really was no money left.  The stock market with all the capital gains taxes left for the taking was gone.  None of the promises being made by either Obama or Mc cain would come to pass .  It the end it was all sort of irrelevant.

            Yet one major piece of this puzzle was missed out or not understood by American commentators.  The silence was defeaning as the Obama cult of personality was crowned by the press.

            That was of a left wing agenda.  Once a left wing agenda is in place aka or really not aka Nancy Pelosi its on a tear.  The agenda and ideology is there come hell or high water.  Reality or no reality.

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40 TOP FOREX TRADING STRATEGIES | Forex Juggernaut: Trading Reviews – 40 TOP FOREX TRADING STRATEGIES. Saturday, April 25th, 2009 at 8:07 am. Does anyone really know when and how Forex trends determine its direction? My response is. Tagged with: forex trading • Trading Strategies …

 

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Financial System Needs Additional Regulation Regulations

The Bush years will be remembered for the cruel triumph of realism over illusion.

He could have included the politicians who enabled the irresponsible lending of Fannie Mae and Freddie Mac because they knew these “government-sponsored enterprises” — since bailed out by the government at a potential cost of $200 billion to taxpayers — would line their campaign coffers. Fannie and Freddie were the “patient zero” of the financial contagion, encouraging and blessing the “subprime” loans that were a toxin spread throughout the financial system. Many Republicans, including McCain, wanted Fannie and Freddie reformed. As a largely Democratic cash cow, it was protected by Democrats, enamored of its mission of extending homeownership to those who — it turns out — couldn’t afford homes.

With the financial system teetering on collapse, the federal government has become the backstop. “Raw capitalism is dead,” Treasury Secretary Hank Paulson has said. With Paulson and Fed Chairman Ben Bernanke deciding case by case which companies the federal government will save or not, he’s not kidding. After letting Lehman die, they essentially took over $1 trillion insurance giant AIG, making the taxpayers instant stakeholders in its far-flung businesses from life insurance to aircraft leasing and a ski resort.

In this environment, it’s hard to resist calls for more regulation. But it has to be intelligent and measured, an extremely difficult task when the market is constantly adapting and the next excess will come in a new form. A basically solvent company, AIG was rendered illiquid by so-called mark-to-market accounting rules that say assets must be marked down to their value in the current market, even if they are ultimately worth more. This was a reform adopted in response to the Enron scandal that has worsened the current crisis.

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Obama Begins His Assault on the Private Sector – The Ethan Show – The fact that Obama had no part in implementing regulations that have been around for decades is beside the point. The point is what he plans to do from here going forward. He may be a new player on the scene, but the concept of statism …

Catholic Culture : News Briefs : Bishop: Human rights threatened … – The chairman of the U.S. bishops’ Committee on Domestic Justice and Human Development, Bishop William Murphy of Rockville Centre, calls the Obama administration’s proposal to rescind conscience-protection regulations a threat to human …

Obama To Meet With Bankers On Regulations – Money News Story … – WASHINGTON — President Barack Obama will meet with bank chiefs to discuss new financial regulations. Friday, March 27, 2009.

Obama plans new regulations to curb wasteful spending | My Take – Even though I did not support Barack Obama for President, I believe I have made it very clear that I would give him credit where credit is due. This is one of.

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