INTEREST IN RATES

WTF Do I know about anything? 

I'm just a babe who likes to party.

I do however read other folk's blogs

Just look in the side bar to see.

Here at uBABE Financial we don't read the mainstream press

Well not much

We read Mish mostly

So this is what we think about interest rate hikes

Forget it

aint goin ta happen

 anytime soon

Why?

Because governments are bust as well as banks

They spent all tomorrows money yesterday

So how they gonna let interest rates that they must pay on their debt 

rise?

no brainer innit.

Also

The ZIRP is all that's proppin up the economy

Tech boom

construction boom

property boom

stocks boom.

Well it all be gonna be evaperate

IF rates rise.

So forget it

go back to sleep.

Dream on innit...

an o course this jus my opinion so

take no notice sukkers..

just looking

 This is not advice ...please see disclaimer. it's just for my own info.

transports

Dow Jones Transportation Averag (^DJT) -DJI Prev Close: 4,993.03 Open: 4,993.73 Day's Range: 4,986.53 - 5,036.33 52wk Range: 861.75 - 5,424.83 Quotes delayed, except where indicated otherwise. Currency in USD.

VOTING FOR CHRISTMAS

yo!...gettin stuffed!...innit!


PALOOKAVILLE FINANCIAL
...capitulation day postponed...


...here in palookaville today...


...all eyes are on china...


...evvabody knows that the real deal kowloonside is birds...


...mish says that it's chickens...


...that they is all playin chicken with they dough...


...an that pretty soon or whenever...


...china, 'stralia an all...


...be gonna go pop...


AINT NOBODY IN HERE
...but us turkeys...


...include me in fo a early Christmas...


...snow onna groun an all...


...ahm lookin at ma 'vestments...


...lak I alus do at this time o yeh...


...an they a mess man...


...sho summa em's gone up...


...caint complain mostleh...


...trouble is...


...ah jus don unnerstan it all no mo...


...time was ya could place yo bets...


...an gravity worked...


THE UP ELLAVATER


...nah tho...


...gravity been postponed...


...an all eyes is on china...


...is all em birds be gonna be chickens...


...commin home ta roast...


TURKEYS DON FLY


...or is they gon be turkeys...


...oh yeah...this aint no advice...see the disclaimer...
all suckers is responsible fo they own investments...
an this is all my own opinions and jus fun...innit!

SUDIO SHOT

...thought you might like a nebb at my studio and the new red works I am working on while the financial world goes to hell etc...petey

THE MISSING LINK

yo!...good call...innit!

PALOOKAVILLE FINANCIAL

...capitulation day postponed...


petey : check out this great article...

...the truth...

...probably not the whole truth...

...but nothing else but the truth...


OH YEAH !


...better read this too...

NOT IF

yo...clobberin time...innit!

.

PALOOKAVILLE FINANCIAL

.

capitulation day posponed

.

...in palookaville today...

.

...the truth about this 'recovery'...

.

...is leakin out...

.

THIS TIME IT'S THE SAME

.

...the debt is not back...

.

...it never went away...

.

...the politix mega-d-it-up...

.

...to bail out the bond holders, the banks, and the pals...

.

...now the drug is wearing off...

.

...and...

DON'T LOOK DOWN

.

...you cannot reduce debt with debt...

.

...you can fool most of the people...

.

...most of the time...

.

...now is not the time...

.

...

OPPORTUNITY KNOCKS EVER LOUDER

yo!...carpe diem...innit!

PALOOKAVILLE FINANCIAL

.

...capitulation day postponed...

.

....in palookaville today...

.

...deep inside fortress Europa...

.

...eurocratics await the birth of...

.

A EUROFEDERAL AND FISCAL DISUNION

.

...they know how to turn a good crisis to their advantage...

.

...they know that the only way they will achieve their long term goal...

.

...of a...

.

UNITED STATES OF EUROPE

.

...is to...

.

...sieze the day...

.

...break up or make up...

.

...time to wake up...

.

...the hard ECU would have been fine...

.

but...

.

...that would not have done the trick...

.

...would it?...

WE HAVE WAYS OF MAKING YOU...

yo!...gemutlich!...not...innit!

PALOOKAVILLE FINANCIAL

...capitulation day postponed...

....in palookaville today...

.

...Angela Merkel has had herself carried down to the market...

.

...while traders stood back amazed...

.

...she commanded the markets to calm down and follow orders...

.

THEY THINK ITS ALL OVER

.

...later...

.

...everyone carried on trading as normal and the iron chancellor got wet feet...

.

YOU CAN'T BUCK THE MARKET

.

...earlier...

.

...here in palookaville the iron lady said that the markets would trade you out of business if

.

you tried it on...

.

...our great tory party kicked her out for telling the truth...

.

ITS THE TRUTH STUPID

.

...in palookaville they like us all to believe in their game of nanny knows best...

.

...we arn't allowed to vote on the euro or europe...

.

...when the poor old Irish vote no...

.

...they are told to shut the f**k up and vote again...

.

...only the markets can get at the truth...

.

...Europe is bust...

.

...its as simple as that...

WOODEN MERCEDES IN REVERSE

yo!...you scratch my back...innit!

PALOOKAVILLE FINANCIAL

...capitulation day postponed...

....in palookaville today...

.

...people are impressed by the latest wheeze...

.

...to weaken the euro...

.

...German exports- scratch that- we can all use...

.

...a weaker currency...

.

...so Greece agrees to help out...

.

...hey guys...

.

...lets play fall out and fight...

.

...this will weaken the euro...

.

...and we can all sell more stuff...

.

...heads we win...

.

...tails we can't lose...

.

petey...only kiddin...innit!

DANSE MACABRE

yo!...buggar thy neighbor...innit!

PALOOKAVILLE FINANCIAL
...capitulation day postponed...


...here in...

...palookaville...

...all bets are hedged...

...as we await the resumption of normal service...

...a V shaped recovery has been achieved in the financial markets...

...and the puppet masters have made loads-a-money...


IT TAKES ONE TO TANGO

...the states within the Eurodisunion...

...are locked in a dance of death...

...those that sell and those that buy...


...those who sell will not buy and those who buy must borrow to do so...

...those who lend fear they will not be repaid...

...the price of borrowing must rise for those who buy...

...those who sell...will not lend...

...round and round we go...

...until the music stops...

...when all must find a seat at the table...

...or fall to the floor...

...and must then sit out the game...

...in the corner...with the dunce's hat...


WE TWO KINGS


...Chi Na and Berlin...

...are kings of the castle...

...all the rest are dirty rascals...


STANDS WITH A BOWL

...our great leader...

...is asking for more...


...more time to rule...

...more money to spend...

...he can't get enough from all us palookas...

...so he stands with a bowl...

...begging for more money...

...so that he can pay the interest...

...on the money he has borrowed...

...mr bumble the beedle...

...wants to give him to the undertaker...

...who will bury him for good...


FATAL ATTRACTION

...but he just keeps emerging from the dead...

...consumate zombie that he is...

...the people of palookaville...

...will vote for death...

...so long as somebody else will pay for it...

BAGPIPE MUSIC

It's no go the merry-go-round, it's no go the rickshaw,
All we want is a limousine and a ticket for the peepshow.
Their knickers are made of crepe-de-chine, their shoes are made of python,
Their halls are lined with tiger rugs and their walls with head of bison.

John MacDonald found a corpse, put it under the sofa,
Waited till it came to life and hit it with a poker,
Sold its eyes for souvenirs, sold its blood for whiskey,
Kept its bones for dumbbells to use when he was fifty.

It's no go the Yogi-man, it's no go Blavatsky,
All we want is a bank balance and a bit of skirt in a taxi.

Annie MacDougall went to milk, caught her foot in the heather,
Woke to hear a dance record playing of Old Vienna.
It's no go your maidenheads, it's no go your culture,
All we want is a Dunlop tire and the devil mend the puncture.

The Laird o' Phelps spent Hogmanay declaring he was sober,
Counted his feet to prove the fact and found he had one foot over.
Mrs. Carmichael had her fifth, looked at the job with repulsion,
Said to the midwife "Take it away; I'm through with overproduction."

It's no go the gossip column, it's no go the Ceilidh,
All we want is a mother's help and a sugar-stick for the baby.

Willie Murray cut his thumb, couldn't count the damage,
Took the hide of an Ayrshire cow and used it for a bandage.
His brother caught three hundred cran when the seas were lavish,
Threw the bleeders back in the sea and went upon the parish.

It's no go the Herring Board, it's no go the Bible,
All we want is a packet of fags when our hands are idle.

It's no go the picture palace, it's no go the stadium,
It's no go the country cot with a pot of pink geraniums,
It's no go the Government grants, it's no go the elections,
Sit on your arse for fifty years and hang your hat on a pension.

It's no go my honey love, it's no go my poppet;
Work your hands from day to day, the winds will blow the profit.
The glass is falling hour by hour, the glass will fall forever,
But if you break the bloody glass you won't hold up the weather.

Louis Macneice

	Malcolm Evison (9/16/2005 9:59:00 AM)
	Humorous as it may be with regards to Class and social mores, flirtations with theosophy etc., one is brought up with a start... the realization that this was written in 1937 and, the more specific social unrest in Spain and Germany... the fall of the glass is unstoppable!

...petey...

the more things change...innit!

THE BEAUTIFUL DEBT

yo!...game over...innit!

PALOOKAVILLE FINANCIAL

...final score...


...here in palookaville...


...the game is up...

Recovery? Who are you trying to kid?

We are in a deep hole – and it looks like we’ll be down there for quite some time, says Jeremy Warner.

...course...jezzer used to be a booster...

...but...

...that was then...



JOIN THE CLUB

Portsmouth goes into administration

...hoping to win trophies with debt...


...debt and players wages bust the club...


...football is as bust as the banks...


...why not grow your own local players and...


...play football...


...not financial games...?

California is a greater risk than Greece, warns JP Morgan chief

...debt is doom...

THE SILVER BULLET

yo!...kimosabe...innit!

PALOOKAVILLE FINANCIAL

Christmas Special

...this Christmas...


...here in...


...palookaville...


...a great hero rides to the rescue...


THE LOAN ARANGER


...even though the banks are all bust...


...and the government coffers are empty...


...public spending will rise...


...government debt will increase...


...suckers will keep us all afloat...


ONLY A FOOL WOULD SAY THAT





...when you have the lone ranger on your side...


...nothing can go wrong for long...


...he will fire his silver bullet at the debt...


...and it will disappear...


I HAVE SEEN THIS WITH MY OWN EYES


...it's all recorded in black and white...


...we used to see him every week on tv...


...even his horse is silver...


...he wears a mask...


...and has a native american sidekick...


...together they make the quantum jump...




petey...hiho silver aaaawwaaaaayyyyyyy!

GLOBAL WARNING

yo!...what climate gate tapes?...innit!

PALOOKAGATE SCIENTIFIC
"numbers alone add up to nothing"


...here in palookaville...

...nobody reads the blogs...



...strictly come dancing...

...is how we run the news...


...every one knows that scientists...


...live by funding...


...so why would we be surprised...


...when they try to rig their data?...

Climate change: this is the worst scientific scandal of our generation

...A week after my colleague James Delingpole, on his Telegraph blog, coined the term "Climategate" to describe the scandal revealed by the leaked emails from the University of East Anglia's Climatic Research Unit, Google was showing that the word now appears across the internet more than nine million times. But in all these acres of electronic coverage, one hugely relevant point about these thousands of documents has largely been missed.

The reason why even the Guardian's George Monbiot has expressed total shock and dismay at the picture revealed by the documents is that their authors are not just any old bunch of academics. Their importance cannot be overestimated, What we are looking at here is the small group of scientists who have for years been more influential in driving the worldwide alarm over global warming than any others, not least through the role they play at the heart of the UN's Intergovernmental Panel on Climate Change (IPCC)...

...The third shocking revelation of these documents is the ruthless way in which these academics have been determined to silence any expert questioning of the findings they have arrived at by such dubious methods – not just by refusing to disclose their basic data but by discrediting and freezing out any scientific journal which dares to publish their critics' work. It seems they are prepared to stop at nothing to stifle scientific debate in this way, not least by ensuring that no dissenting research should find its way into the pages of IPCC reports.

Back in 2006, when the eminent US statistician Professor Edward Wegman produced an expert report for the US Congress vindicating Steve McIntyre's demolition of the "hockey stick", he excoriated the way in which this same "tightly knit group" of academics seemed only too keen to collaborate with each other and to "peer review" each other's papers in order to dominate the findings of those IPCC reports on which much of the future of the US and world economy may hang. In light of the latest revelations, it now seems even more evident that these men have been failing to uphold those principles which lie at the heart of genuine scientific enquiry and debate. Already one respected US climate scientist, Dr Eduardo Zorita, has called for Dr Mann and Dr Jones to be barred from any further participation in the IPCC. Even our own George Monbiot, horrified at finding how he has been betrayed by the supposed experts he has been revering and citing for so long, has called for Dr Jones to step down as head of the CRU"...Christopher Booker

SPIN THE WEB YA SPIDER BASTARD


...what sort of wimp would tell the truth...


...if it threatened their funding?...


LETS WORK TOGETHER


...united they stand...


...and the truth is buried...


...bullshit baffles brains...


...innit!..

THINGS TO DO IN DUBAI WHEN IN DEBT

yo!...can't pay, won't pay...innit!

PALOOKAVILLE FINANCIAL
black friday


...in japan...

...In the deserts of Sudan...
...And the markets of Japan
From Milan to Yucatan
Every woman, every man

Hit me with your credit stick.
Hit me! Hit me!
Je t'adore, ich liebe dich,
Hit me! hit me! hit me!
Hit me with your credit stick.
Hit me slowly, hit me quick.
Hit me! Hit me! Hit me!

In the wilds of Borneo
And the banks of Bordeaux
Eskimo, Arapaho
Move their money to and fro....

THE BITCH IS BACK

...here in palookaville...


...people think it's all over...

Global markets hit by fresh bout of selling

Yen hits fresh 14-year high as investors dump stocks

Darling to admit recession is worse than he forecast

Ports face crisis as volumes fall

Dubai is just a harbinger of things to come for sovereign debt

..."Small wonder, though, that this minor tremor has sent such shock waves around the wider capital markets. The fear is that threatened default in this tiny desert kingdom is just a harginger of things to come for government debt markets as a whole. According to new estimates by Moody’s, the credit rating agency, the total stock of sovereign debt worldwide will have risen by nearly 50 per cent between 2007 and 2010 to $15.3 trillion. The great bulk of this increase comes not from irrelevant little states like Dubai, but from the big advanced economies – America, Europe, and Japan"....


...in japan...

...Tokyo warns of double-dip recession...

..."Fears that figures suggesting an economic recovery may have been a false dawn were intensified yesterday when Japan’s Prime Minister sounded an official alarm that the country risked falling into a “double-dip” recession.

With the bedrock of Japan’s export industry ravaged by both a recent plunge back into deflation and the soaring yen, Yukio Hatoyama said that “measures are required so that the economy will not fall into a double-dip recession”.

His comments are expected to spark alarm as other governments have quietly begun to acknowledge the possibility that the worst may not be over"....

THE KISS

http://fineartamerica.com/profiles/charles-stuart.html

FREE BUT DOWN IN THE GUTTER

yo!...canned heat...innit!

PALOOKAVILLE FINANCIAL
capitulation day+a year or so



...government sucks...


...the well known treasury department...


...has taken over the country...


...read mish...

OH DEAR...

yo!...bummer...innit!

PENSIONS KAPUTNIK DAY


...here in palookagrad today...


...the planners are breaking the bad news to the proles...


...you have to work longer folks...


...THEY AIN'T NO JOBS...


...you have to come off incapacity benefit and go to work...


...only...


...THEY AIN'T NO JOBS...


POLITICAL SUICIDE


...everyone knows something has to give...


...but...


...not that it should be given by them...


...the fact is that the government has bust the country...


...and that their index-linked pensions are safe...


...not to mention their buy-to-let portfolios...


...paid for by expenses claims (us)...


don't worry


...we will not have to work longer though...


...because...


1. they ain't no jobs...


2. most middle class people work for the government...


3. that means index-linked pensions from age 60...


4. the rest will be on benefits...


5. only idiots who have saved money will pay...


6. obviously that is a very small number...

NO MEANS YES

yo!...result...innit!

CAPITULATION DAY

...European Cup...


...Ireland 0 Germany 1...


WE HAVE WAYS OF MAKING YOU SAY YES


...debt put the Ice in Ireland...


...here in palookagrad...


...we don,t even get to play...


...our great leader...


...comrade mandelson...


...has denied us the chance of...


...victory in Europe...


PRESIDENT BLAIR


...the man who brought us...


...to where we are today...


...hopes to become the...


...first...


...unelected president of the...


EUROPEAN DISUNION


...rumour has it...he hopes to start the...


...next war...


...we are going to invade Iran...


...by proxy of course...


...he will send a team...


...of such...


...incompetence...


...that their economy will implode...


...even with all that oil...


...incompetence is his thing...


...having saved Irak...


...from peace and...


...some dismalness...


...he hopes for the same success...


...with...


IRAn


...with Ireland now fully...


...integrated into the new...


...DISUNION...


...perhaps the IRA can be...


...parachuted in to the desert...


...and paid to blow up the nuclear facilities...


...before the Israelis do...


PEACE IN OUR TOWN


...financial news follows...


...world trade has collapsed...


...tony blair and his team...


...have declared the recovery over...


...all the investor...


...has started to take profits...


...

THAT GREAT DAY HAS COME

yo!...happy birthday...innit!

PALOOKAVILLE FINANCIAL
capitulation day+365...

...all is quiet on the financial front...


...in palookagrad today...


...all is changed...


...prime minister mandelson and comissar brown...


...are awaiting re-election...


...on the back of their zombie recovery...



BEAR MARKET BULL


...since the chicken's head was bitten off...


...and the politix danced around the fires of the burning banks...


...all the talk is of the new bull market...


...the great recovery...


...how it was all just a panic...


...well maybe they are right


and we can sleep easy in our beds


and all the young unemployed can play football


travel, crochet, see a movie...



NEGATIVE FOR NEGATIVE'S SAKE


...baltic dry is down again...


...but only 40%...


...ships lie idle all over the world...


...but only 12%...


...house prices have stabilised...


...honest!..


...not...


...cars sales have risen...


...from the ashes...


...on free money incentives...


...in japan...


...they are spending like there's no tomorrow...


...in china inventories are up...


...flats are empty...


...but inventory is up...


SHORT FOR SHORT'S SAKE


...come on sh*t for brains...


...pile in now...


...this is the biggest free ride the politix will ever provide...


...capitulation day?...


...moral hazard...


...what a twat!..



halfcat : don y'all mind petey non...he jus a shadder o his ol sell...



petey : oh yeah...an this...

Professor Tim Congdon from International Monetary Research said US bank loans have fallen at an annual pace of almost 14pc in the three months to August (from $7,147bn to $6,886bn).

"There has been nothing like this in the USA since the 1930s," he said. "The rapid destruction of money balances is madness."

petey : ...disclaimer...an obviously...this aint no advice...etc. etc.