If what you say is true then you should be able to make a killing selling voip/mp3 cellphones. Since you feel the market isn't adequately meeting the needs of the market.
I suspect the problem is not "the phone company hates people" but rather that the issues involved are a lot more detailed and complex than the treatment on/. implies.
I tried trolling my favorite messageboard (not slashdot) yesterday from the jon on my cellphone at work and I had a great deal of difficulty in posting an effective topic.
I think it is high time that America got it's priorities straight and focused more on bathroom/work/trolling technology.
You're disgusting. Suggesting the US is Germany 1935 is an egregious overstatement and shows little regard for those unfortunate enough to actually suffer throught that period.
Did you think maybe the reason the democrats can't win an election is because you actively promote hatred of those who's votes you wish to capture? Until you learn that a vast majority of the US citizenry is on the same side you will continue to be blasted in "fair elections."
I blame Bush and Neocons. Also, Halliburton... I blame them for everything that is wrong everywhere. If only Redstaters were such dumb walmart shopping, nascar watching dummies.
Your price is fixed the day you buy the contract. You are no longer exposed to currency or commodity risk. That's why you purchase the futures contract.
If you want to speculate on the currency market, like you are suggesting, it would make more sense to do that play through the currency market directly rather than doing by proxy with the oil market.
The mathematics is solid.
USD/BBL * EUR/USD = EUR/BBL (the implied euro price of oil)
There is also a lot more reasons to buy the dollar than just Oil. Considering all US trade doesn't involve oil (in fact only a minority of trade does, I think it is around 20% but I don't have time to look it up.)
I'm not sure where the idea that the Iraq war was done to prop up the dollar came from but it doesn't make a lot of sense and breaks down under the most casual analysis.
Say you want to buy 1000 barrels of oil on Feb 15th with Euros.
Here's how you do it.
You buy a forward contract for 1000 barrels of oil at y dollars You buy a forward contract for y dollars for x euros with a maturity date of Feb 15th.
PRESTO! You just bought oil in Euros, because when Feb 15th rolls around you will pay x euros and receive 1000 barrel of oil.
If there is a relationship between dollars and oil and dollars and euros then there is a relationship between euros and oil. The currency exchange marketplace is large enough (over 1 trillion in volume a day) that petrodollars will not significantly move the market for extended periods of time.
Get a grip dude. Your hysteria serves no purpose other than to make you look like a hyper reactionary idiot.
By the way, the US exported over 700 billion dollars worth of "nothing" in 2003. That does not include the stuff produced domestically. Maybe you should learn something before you start your shrieking.
Expect a flurry of comments all saying the same thing "You've been brainwashed."
The best part is I think a lot of the people on the left don't realize they have been exploited by individuals like Michael Moore, Franken, Stewart, Richard Clarke, etc so that they can sell their books. I really think they believe the saw only cuts one way.
A meter is related to the size of the earth too. Or at least it was. It was originally defined as one 10 millionth of the distance from the North pole to the equator.
Alright! Another thread where we can bash Bush
on
Newsy Numbers
·
· Score: 2, Funny
This thread provides and excellent opportunity to bash Bush, America, Corporations and Fox News!
I am very excited about the forth coming insults, unfounded claims, personal attacks and general hyper polarization this thread promises!
What company pays negative tax rates? Do you have a link for that (that isn't mother jones or IWW or some other nonsense)?
If you fix senior management's compensation and do not tie it to the financial performance of the company in some way, what type of management do you think you'll get? A style that is focused on increasing shareholder value?
Finding somebody who wants to be a senior VP isn't difficult, finding somebody who is good at is, that's why the salaries for those positions are so inflated.
So basically you hate Wal Mart because of some "effect" you made up... even though Wal Mart doesn't adhere to the effect you made up.
Makes sense to me.
But hey, I don't mean to stand in the way of some good 'ol Walmart bashing. Lord knows they haven't done anything for anybody (well except for the millions of consumers that are able to more efficently spend their hard earned money.)
So you are saying if you were in the situation I described you wouldn't take actions to protect your investment? You wouldn't seek alternative arragnements to maintain your equity?
Of course you would. Hence it is a real expense. If it wasn't a big deal it wouldn't be a big deal.
Yes.
The opportunity is worth something all by itself.
A stock option grant represents a potential dilution of ownership for current share holders.
Think of it this way. Company A has 1 million shares of which you own 100K. You are entitled to a 10% share of the company's profits. The management of the company, in an effort to attract talent, grants 500K more shares. You're ownership now could fall as low as 6.67%. That potential dilution is a real expense to you. Even if it never comes to pass.
YET ANOTHER FAILURE (in this not-ready-for-prime-time system called missile defense). And people still find a way to defend the man and his actions. This, truly is not the United States I grew up in.
You're a moron. You are an over reactionary, hyper polarized shrieking moron. First of all, the funding for this project doesn't come from the white house it comes congress. Second, this program was in place long before Bush got into office (in fact you could say it goes back to the early Reagan years in which case this IS the America you grew up in.) Third, the idea that Bush was responsible for the failure of the missile is ABSURD.
Do you even listen your shrieking? I mean that in all seriousness. We all know you hate GWB, that's great, good for you. But dang, it seems like all the ultra left can talk about these days are everything America has done wrong in the past 50 years and how it is all the "neocon's" fault. It's tiresome, and in many cases (including this one) it is full of half truths and ridiculous propoganda.
And the left wonders why they can't win elections.
Even with fusion power "too cheap to meter" there will still be limited resources. Trust me, there is no government of a developed nation on earth that doesn't want the incredible economic boost free power will have.
I will never understand where this hyper cynicism comes from. On one hand our "evil rulers" will do anything to make a buck. On the other hand they will not do something that will save trillions of bucks because they don't want to lose influnence and power.
It's a stupid way to go through life and precludes rational analysis of real political actions and motives.
Outsourcing made simple
on
Offshoring IT
·
· Score: 4, Insightful
Two parties will not willingly engage in a trade unless both parties are better off afterwords than they were before.
Discouraging trade to the benefit of a small minority of people (those who will lose their job to outsourcing) while hurting the vast majority of people (those who will receive the outsourced jobs and the consumers that will receive the products produced with more cost effiecent labor) is a recipe for disaster.
This works at all levels of economics.
I seem to remember something called the "Internet" and I did something called a "Google" search and it turned up a "web page" that returned a bunch of "urls". This was one of them:
There's a lot of reasons.
Mostly it would be because the company purchasing the oil would be good at establishing, measuring and mitigating oil based financial risk but not so good at doing the same thing with currency risk.
No offence but you have no idea what you are talking about.
It is true that oil is denominated in dollars But it is also true that dollars are denominated in Euros and vice versa.
If I wanted to trade oil in euros here is how I would do it. I would buy a oil futures contract to take delivery of 1,000 barrels on someday in december (it's on the nymex website I think it is 16th but I could be wrong.) Then when that comes I pony up dollars and take delivery of my oil. But I don't want to pay in dollars I want to pay in Euros. So on the day I agree to the oil futures contract I also purchase a dollar/euro forward contract such that I lock in an exchange rate where I pay x euros and receive y dollars, where y is the amount of the oil futures contract.
PRESTO! I have just traded oil in euros.
Now you could make the argument that increased trade on the dollar provides the dollar with a liquidity premium and that is true. But it isn't as big as one might think.
Say that the US consumes 20% of the world's oil supply (a very conservitive estimate) we consumed approximately 100 billion dollars worth of crude in 2003(1). That means global crude trade is about 500 billion dollars. The US economy is about 11 trillion a year(2). So the oil trade accounts for just 4.5% of all dollars traded, any liquidity premium the US receives will be small relative to the overall value of the dollar.
To recap: You can trade oil in any currency you like thanks to the ultra liquid Foreign currency exchange market. The US derives, at best, a negligible liquidity premium from the dollar stockpiles that remain on hand for oil trading.
One suggestion on what you could do is quit talking about your outright hatred of people that don't live in the city.
Democrats used to support working class rural folk. Now they openly display disgust for them. Turn you back on your core voters and what do you think is going to happen?
Also worth noting that the
redneck states voted for bush
This is why the democrats lost (not just the presidency either but 4 senate seats and 4 house seats.)
I heard a man on Tavis Smiley yesterday say something to the effect of "The democratic party has slammed the door in the face millions of working class union members." These people aren't interested in pushing the gay agenda or concerned about the finer points of the patriot act, they are concerned about getting a decent wage and being represented by decent people. He then went on to call these working class blue collar workers "politically homeless" because the GOP doesn't reach out to them and the democrats have abannodoned them.
So tell me. How do you expect to win elections when you hate your own "Wal mart shopping Nascar watching inbred hicks" of a base?
Don't turn your hatred on republicans because hatred has destroyed your party.
Slashdot Mirror
If what you say is true then you should be able to make a killing selling voip/mp3 cellphones. Since you feel the market isn't adequately meeting the needs of the market.
/. implies.
I suspect the problem is not "the phone company hates people" but rather that the issues involved are a lot more detailed and complex than the treatment on
I tried trolling my favorite messageboard (not slashdot) yesterday from the jon on my cellphone at work and I had a great deal of difficulty in posting an effective topic.
I think it is high time that America got it's priorities straight and focused more on bathroom/work/trolling technology.
You're disgusting. Suggesting the US is Germany 1935 is an egregious overstatement and shows little regard for those unfortunate enough to actually suffer throught that period.
Did you think maybe the reason the democrats can't win an election is because you actively promote hatred of those who's votes you wish to capture? Until you learn that a vast majority of the US citizenry is on the same side you will continue to be blasted in "fair elections."
All this deal does is put money in the fatcat's pockets. It has nothing to do with sound business decisions. Karl Rove probably penned the deal.
I blame Bush and Neocons. Also, Halliburton... I blame them for everything that is wrong everywhere. If only Redstaters were such dumb walmart shopping, nascar watching dummies.
Major Payne is the son of General Electric
Your price is fixed the day you buy the contract. You are no longer exposed to currency or commodity risk. That's why you purchase the futures contract.
If you want to speculate on the currency market, like you are suggesting, it would make more sense to do that play through the currency market directly rather than doing by proxy with the oil market.
The mathematics is solid.
USD/BBL * EUR/USD = EUR/BBL (the implied euro price of oil)
There is also a lot more reasons to buy the dollar than just Oil. Considering all US trade doesn't involve oil (in fact only a minority of trade does, I think it is around 20% but I don't have time to look it up.)
I'm not sure where the idea that the Iraq war was done to prop up the dollar came from but it doesn't make a lot of sense and breaks down under the most casual analysis.
You can buy oil in any currency you choose.
Say you want to buy 1000 barrels of oil on Feb 15th with Euros.
Here's how you do it.
You buy a forward contract for 1000 barrels of oil at y dollars
You buy a forward contract for y dollars for x euros with a maturity date of Feb 15th.
PRESTO! You just bought oil in Euros, because when Feb 15th rolls around you will pay x euros and receive 1000 barrel of oil.
If there is a relationship between dollars and oil and dollars and euros then there is a relationship between euros and oil. The currency exchange marketplace is large enough (over 1 trillion in volume a day) that petrodollars will not significantly move the market for extended periods of time.
Oil dollars are not magic, start using your head.
Get a grip dude. Your hysteria serves no purpose other than to make you look like a hyper reactionary idiot.
p ro duct/enduse/exports/c0000.html
By the way, the US exported over 700 billion dollars worth of "nothing" in 2003. That does not include the stuff produced domestically. Maybe you should learn something before you start your shrieking.
http://www.census.gov/foreign-trade/statistics/
:) Now you know you're in trouble.
Expect a flurry of comments all saying the same thing "You've been brainwashed."
The best part is I think a lot of the people on the left don't realize they have been exploited by individuals like Michael Moore, Franken, Stewart, Richard Clarke, etc so that they can sell their books. I really think they believe the saw only cuts one way.
A meter is related to the size of the earth too. Or at least it was. It was originally defined as one 10 millionth of the distance from the North pole to the equator.
This thread provides and excellent opportunity to bash Bush, America, Corporations and Fox News!
I am very excited about the forth coming insults, unfounded claims, personal attacks and general hyper polarization this thread promises!
Go Slashdot!
What company pays negative tax rates? Do you have a link for that (that isn't mother jones or IWW or some other nonsense)?
If you fix senior management's compensation and do not tie it to the financial performance of the company in some way, what type of management do you think you'll get? A style that is focused on increasing shareholder value?
Finding somebody who wants to be a senior VP isn't difficult, finding somebody who is good at is, that's why the salaries for those positions are so inflated.
So basically you hate Wal Mart because of some "effect" you made up... even though Wal Mart doesn't adhere to the effect you made up.
Makes sense to me.
But hey, I don't mean to stand in the way of some good 'ol Walmart bashing. Lord knows they haven't done anything for anybody (well except for the millions of consumers that are able to more efficently spend their hard earned money.)
"You've got no traction" ...
.
"Goodbye!"
So you are saying if you were in the situation I described you wouldn't take actions to protect your investment? You wouldn't seek alternative arragnements to maintain your equity?
Of course you would. Hence it is a real expense. If it wasn't a big deal it wouldn't be a big deal.
Yes. The opportunity is worth something all by itself. A stock option grant represents a potential dilution of ownership for current share holders. Think of it this way. Company A has 1 million shares of which you own 100K. You are entitled to a 10% share of the company's profits. The management of the company, in an effort to attract talent, grants 500K more shares. You're ownership now could fall as low as 6.67%. That potential dilution is a real expense to you. Even if it never comes to pass.
You're a moron. You are an over reactionary, hyper polarized shrieking moron. First of all, the funding for this project doesn't come from the white house it comes congress. Second, this program was in place long before Bush got into office (in fact you could say it goes back to the early Reagan years in which case this IS the America you grew up in.) Third, the idea that Bush was responsible for the failure of the missile is ABSURD.
Do you even listen your shrieking? I mean that in all seriousness. We all know you hate GWB, that's great, good for you. But dang, it seems like all the ultra left can talk about these days are everything America has done wrong in the past 50 years and how it is all the "neocon's" fault. It's tiresome, and in many cases (including this one) it is full of half truths and ridiculous propoganda.
And the left wonders why they can't win elections.
I will never understand where this hyper cynicism comes from. On one hand our "evil rulers" will do anything to make a buck. On the other hand they will not do something that will save trillions of bucks because they don't want to lose influnence and power.
It's a stupid way to go through life and precludes rational analysis of real political actions and motives.
Two parties will not willingly engage in a trade unless both parties are better off afterwords than they were before. Discouraging trade to the benefit of a small minority of people (those who will lose their job to outsourcing) while hurting the vast majority of people (those who will receive the outsourced jobs and the consumers that will receive the products produced with more cost effiecent labor) is a recipe for disaster. This works at all levels of economics.
There's a lot of reasons. Mostly it would be because the company purchasing the oil would be good at establishing, measuring and mitigating oil based financial risk but not so good at doing the same thing with currency risk.
No offence but you have no idea what you are talking about.
o duct/enduse/imports/c0000.html/ us.html
It is true that oil is denominated in dollars
But it is also true that dollars are denominated in Euros and vice versa.
If I wanted to trade oil in euros here is how I would do it.
I would buy a oil futures contract to take delivery of 1,000 barrels on someday in december (it's on the nymex website I think it is 16th but I could be wrong.)
Then when that comes I pony up dollars and take delivery of my oil. But I don't want to pay in dollars I want to pay in Euros.
So on the day I agree to the oil futures contract I also purchase a dollar/euro forward contract such that I lock in an exchange rate where I pay x euros and receive y dollars, where y is the amount of the oil futures contract.
PRESTO! I have just traded oil in euros.
Now you could make the argument that increased trade on the dollar provides the dollar with a liquidity premium and that is true. But it isn't as big as one might think.
Say that the US consumes 20% of the world's oil supply (a very conservitive estimate) we consumed approximately 100 billion dollars worth of crude in 2003(1). That means global crude trade is about 500 billion dollars. The US economy is about 11 trillion a year(2). So the oil trade accounts for just 4.5% of all dollars traded, any liquidity premium the US receives will be small relative to the overall value of the dollar.
To recap:
You can trade oil in any currency you like thanks to the ultra liquid Foreign currency exchange market.
The US derives, at best, a negligible liquidity premium from the dollar stockpiles that remain on hand for oil trading.
(1) http://www.census.gov/foreign-trade/statistics/pr
(2) http://www.cia.gov/cia/publications/factbook/geos
One suggestion on what you could do is quit talking about your outright hatred of people that don't live in the city.
Democrats used to support working class rural folk. Now they openly display disgust for them. Turn you back on your core voters and what do you think is going to happen?
This is why the democrats lost (not just the presidency either but 4 senate seats and 4 house seats.) I heard a man on Tavis Smiley yesterday say something to the effect of "The democratic party has slammed the door in the face millions of working class union members." These people aren't interested in pushing the gay agenda or concerned about the finer points of the patriot act, they are concerned about getting a decent wage and being represented by decent people. He then went on to call these working class blue collar workers "politically homeless" because the GOP doesn't reach out to them and the democrats have abannodoned them.
So tell me. How do you expect to win elections when you hate your own "Wal mart shopping Nascar watching inbred hicks" of a base?
Don't turn your hatred on republicans because hatred has destroyed your party.