_Posted Tuesday, 12:04 AM
[BWM] OK... it was relatively quiet today... nothing negative... the Super Committee was set up to fail, you have the most conservative Republicans and the most liberal Democrats...no way anything was getting done... just killing time... There is still a chance this could happen tonight... so don't get wound up by those already bailing on their latest guess and back wall that says it can't happen by this date or that... until there is a reason that it is being held up it can still go IMO
[Yousparkle] BWM You may have heard about a mod on another site posting that the RV won't happen until mid-December because the Iraqi bank(s) are not in compliance. Do you know anything about this -- or is it misinformation - smoke?
[BWM] Yousparkle - Had that info last week and it was debunked...
[.Tigger1] Can you explain in a few words what a hedge fund is?
[BWM] .Tigger1 - A hedge fund is a private pool of capital actively managed by an investment adviser. Hedge funds are only open for investment to a limited number of accredited or qualified investors who meet criteria set by regulators. These investors can be institutions, such as pension funds, university endowments and foundations, or high net worth individuals.
Read More Link on Right
[copeswife] What possible reason could stop it now? (meteor shower/sunbursts/PMS...)?
[BWM] copeswife - O has erratic periods... but not even now... big Midol pills
[Eagle Has Landed] BWM do you feel that Super Committee was a sham from the beginning? No Congressman or Senator (for re-election purposes) wanted to cut Medicare or Medicaid as well as none wanted to cut Military spending. So they concocted the Super Committee and automatic cuts if no agreement. Does theory hold water? Thanks.
[BWM] Eagle Has Landed - Unconstitutional... you know it... it was a stall tactic...
[Eagle Has Landed] Always felt that way and yes, most definitely unconstitutional.
[LINDI] BWM...Why wouldn't this happen tonight? Thank you
[BWM] LINDI - Barometric pressure?
[tatiana01] BMW, do you think that its best to not cash in all at the same time and also having someone you trust go with you when you do this?
[BWM] tatiana01 - I will not cash in at once just because I need a note to get money to accomplish things... unless the rate is stupid high then I have to run to bank
[santafe] Since they have already announced this IN Iraq... seems like they can't hold this back much longer.... Shabbibi has to be irritated and embarrassed over this>>> Comment BWM?
[BWM] santafe - The same way that the US will not be embarrassed... Iraq will not stand by it either
[scooteris] If the Super Committee was a stall tactic, what were they stalling for?
[BWM] scooteris - Look who O chose... conservative conservatives.. and liberal liberals... like that was gonna get an agreement out of it
[Dusty01] Bwm - Oil and water, huh?
[BWM] Dusty01 - It wasn't set up to succeed...
[SHABIBI] BWM.....Glad to see you could stop by....When are you going to get Earl? However I have not been around all day....what can you tell me that I want to here in terms of where we are without all the BS???? Oh HEY TONY!
[BWM] SHABIBI - I need to call Earl...
[Smarkel11] Do we have a time frame idea of this happening tonight?
[BWM] Smarkel11 – Well banks all close shortly... so that would be the beginning...’til the CBI updates whenever that is
[BWM] Smarkel11 - It's whenever.. no set time
[Dimples] BWM - Update on UST? Seems there is always a hiccup with UST.
[BWM] Dimples - They lie... don't worry about the
[msglitter] BWM - do you think that O actually thought they would vote, but would require a tie breaker - and that would be the VP? And that the VP would vote the way O wanted? Just a thought...
[BWM] msglitter - They had a time limit... that's all they wanted
[BWM] Not saying everyone there lies... but the information more times than not seems to be orchestrated smoke... if you know what I mean.
[Jorel] BWM - Is the UST out of lockdown?
[BWM] Jorel, not that I know of yet..
[LINDI] BWM - Would the members of the Super Committee been part of the Tier 2 cash ins?
[BWM] LINDI - Seems they'd fit the profile. And so I thought
[lvrv52] Is Jonnywg coming back with some more information tonight??? OR THIS IS IT...BWM??? we have to go sleep with a towel on the pillow???
[BWM] lvrv52 - On the phone with Jonny right now... not sure...
[SHABIBI] BWM Is it odd the real deadline for S.C. is not now but yet they picked today as a deadline? Are we to assume this ties in with RV picking this day as an "early" deadline?
[BWM] SHABIBI -They dismiss for a 10-day period before they come back for a few days then ends the year.
[GTO] BWM - Have any countries RV yet?
[BWM] GTO - Everything hinges on the dinar
[LarryJ] Why is there so much confusion concerning this rv? Wouldn't this make many countries happy?
[BWM] LarryJ - Hey there buddy... you know some people just don't want people to be successful.
[DNR1] I thought O was given a time frame to release this last week.....is this still the case and he has to this week due to the compromise Jonny talked about?
[BWM] DNR1 - There are deadlines, there are extensions also given throughout this process... but the options have been tested to the limits.
[baylorgirl] BWM: Too bad the Super Committee couldn't get anything done .... guess they should have gone with a SUPER-DOOPER committee???
[jumpinjax] BWM - Now Bulldog is saying hedge rate is 4.40 either way isn't hedge fund rates usually lower that ours would be?
[BWM] jumpinjax - Sounds like howling to me... sorry
[Angel08] BWM: I do have a question how does China affect the VND? I don't understand that.
[BWM] Angel08 - They will push the rate higher...
[BWM] Angel08 - You asked how china affects things... they want the rates higher because they are funding everyone else right now
[LINDI] BWM...actually, isn't there a possibility that when tier 3 cashes in, they might be elevated to a tier 2 and that could upset the balance of power.
[BWM] LINDI - They don't think like that...
[MRP] Hey Teach, whether you want to talk about RV or something else, what would you like us to know at this stage?
[BWM] MRP - Don't get caught up in the well not now or not this week business.... until something says It's not going down we still have a chance.... funny but no one wants to give you a reason why it's not happening...
[BWM] MRP - I haven't said it's not happening... but If I do... I'll give you my reason why not
[fund] BWM...Can you give us some feedback on your take of what the Wingmen have stated tonight ? Do you feel there is any validity to their stating delay of a few days will occur due to the Marketplace in Iraq as well as the merchants not quite being ready.
[BWM] fund - I don't know what they said... not listening to call... and honestly, I could care less because the information that we have gotten tonight is very good... and if you want to tell me that Walmart can't change their pricing would hold up Black Friday I might could go along with that theory.. but I ain't buying it...
[Jorel] BWM - What kinda twisted intel was that
[Jorel] BWM - Yes, so please give me some clues here
[BWM] - Jorel just saying that if you think the RV is waiting on some vendors in Iraq to change their pricing you need to rethink your economic ideas... that is not the reason.
[keiji] BWM – Scotti-g says Donnie R told him that it wouldn't happen before Thanksgiving because the Iraq marketplace wasn't prepared such as vendors changing the prices. What say you? Thanks
[BWM] keiji - I'll say it won't be the last time Scotti is wrong... certainly hasn't been the first...
[SouthernLawya] BWM - I know you are a short term window guy, but do you see this going past Wednesday? Is your next window from now til 2:00 am cst or CBI update?
[BWM] SouthernLawya - Still looking tonight first... if we get past tomorrow we'll talk.
[Hey Mama] BWM - Why are other intel guys today saying the UST isn't in lockdown?
[BWM] Hey Mama - They went to the wrong building... it came out earlier
[Caramina] BWM - Any idea when the lockdown might end?
[BWM] Caramina - When it's done I'm pretty sure
[tampaguy] BWM - Can you please repeat your comment about the info you heard tonight
[BWM] tampaguy - If I could recall those I would...
[SHABIBI] BWM - We have ways to make you talk!
[BWM] SHABIBI - You can't get in here through the sticks
[tbone62] BWM, I was on PTR chat when one of the mods made a point to tell everybody the UST is not locked down ...that they have UST contacts and there is no truth to that ... I said Jonny said the I.T. guys were locked down not the whole UST ...but I was kicked ...any clarification?
[BWM] tbone62 - That guy was debunked and proved the UST IS in lockdown...