that is exactly the truth
a 120 employee company who produces 2 mil tooth
brushes to J&J
is going to wait 30 days for payment
until,, the 30 day pass,,they need to meet
payroll, rent, taxes etc,,
their bank, for 30 years, is refusing to advance
93% of the invoice send to J&J!!!
owner of company,, who has 25 mil line of
credit from Merrill lynch ,had his 2 mill check bounce!!!
when he called Merrill agent was told
they reduce his line to 250000!!!!
had to sell 20% of stock holding to cover
operating expenses,
this is how commercial paper get
locked
Ben
----- Original Message -----
Sent: Friday, October 03, 2008 4:34
PM
Subject: Re: AW: [TimeandCycles] Let the
ugly begin
How about, the shit is starting to hit the fans.
Businesses are having trouble or finding it impossible to roll over
their maturing shorter term debt. They may begin starving for
operating cash. Theoretically, they may not be able to make
payrolls. Many who have untapped lines of credit are resorting to
those, which dries up some of the limited funds banks have to
lend.
--- On Fri, 10/3/08, Richard Meuter
<richard.meuter@yahoo.de> wrote:
From:
Richard Meuter <richard.meuter@yahoo.de> Subject: AW:
[TimeandCycles] Let the ugly begin To:
TimeandCycles@yahoogroups.com Date: Friday, October 3,
2008, 4:26 PM
Hi Claude,
<<THE SHUTDOWN
WAS THE COMMERICAL PAPER MARKET….it locked up
yesterday.>>
could you explain that please in layman
terms?
thanking you, Richard
-----
Ursprüngliche Mail ---- Von: Claude Spink <jclaude@xxxxxxxxxx
net> An: TimeandCycles@ yahoogroups. com Gesendet: Freitag,
den 3. Oktober 2008, 16:02:45 Uhr Betreff: RE: [TimeandCycles] Let
the ugly begin
REMEMBER: the
web bots said there would be a lockup, or shut down, and it could
shift to Oct 2nd. That prediction was 2 weekends ago
which I sent you the transcribed notes.
THE SHUTDOWN
WAS THE COMMERICAL PAPER MARKET….it locked up
yesterday.
They say a
financial meltdown is coming next week.
THEY HAVE
BEEN SO ACCURATE WE CANNOT IGNORE THEM AT THIS
TIME.
I sincerely
appreciate your input on all of this and sharing your proprietary
work, which has stayed with me. Please keep the flow coming if
you have anything to pass along. I will do the same. There
will be another web bot update this weekend and it will probably be
Sunday night.
Best
regards,
See you at
the bottom of the cliff.
Claude
From:
TimeandCycles@ yahoogroups. com [mailto:TimeandCycl es@xxxxxxxxxxxx
com] On Behalf Of
sixsigma trading Sent: Friday, October 03, 2008
3:57 PM To:
TimeandCycles@ yahoogroups. com Subject: Re: [TimeandCycles] Let
the ugly begin
It looks like the big wave 3 just
started about 2 hours ago.
--- On Fri, 10/3/08, Bob Carver <bcarver@xxxxxx
com> wrote:
From: Bob Carver <bcarver@xxxxxx
com> Subject: Re: [TimeandCycles] Let the ugly
begin To: TimeandCycles@ yahoogroups. com Date: Friday,
October 3, 2008, 3:55 PM
The 26-year
support line has broken, but not by the 2-3% some think is
needed. I'm thinking the largest crash in history is
coming, but probably after a rebound. We shall
see.
--Bob
Carver Throughout history, poverty is
the normal condition of man. Advances which permit this
norm to be exceeded---here and there, now and then---are
the work of an extremely small minority, frequently
despised, often condemned, and almost always opposed by
all right-thinking people. Whenever this tiny minority is
kept from creating, or (as sometimes happens) is driven
out of a society, the people then slip back into abject
poverty. This is known as "bad luck." (Robert A.
Heinlein) bcarver@xxxxxx com
| bobc@xxxxxxxxxxxx net
--- On Fri, 10/3/08, sixsigmatrader
<sixsigmatrader@
yahoo.com> wrote:
From:
sixsigmatrader <sixsigmatrader@
yahoo.com> Subject: [TimeandCycles] Let the ugly
begin To: TimeandCycles@ yahoogroups. com Date:
Friday, October 3, 2008, 2:46 PM I have a crash count...if true, the passing of the bill just kicked it
off and things are about to get REAL ugly.
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