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Seafood Concerns

“Some areas still have high radiation dosages and if you also eat products from these areas, you’ll get a considerable amount of radiation,” said Sentaro Takahashi, a professor of radiation control at Kyoto University in western Japan. “This is why the government needs to do something fast.”

Radiation in food is measured in becquerel, a gauge of the strength of radioactivity in materials such as Iodine-131 and Cesium-137.

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26-Jul-2011 00:26

Others / Aug 2, US-living on borrow time from debt disaster

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Meanwhile Ah Ben is thinking of this...Could the Fed Rescue US From the Debt Ceiling?

http://www.cnbc.com/id/43879039

The Fed currently owns about $1.63 trillion of Treasurys. It can sell these through its open market operations . All Fed income that exceeds the Fed’s costs are remitted to the U.S. Treasury Department. Which means that the revenues from selling Treasurys could be used to fund government operations instead of borrowing.

Sales of Treasurys by the Fed would not violate the debt ceiling laws, because the debt has already been issued. It is already counted against the debt ceiling.

The U.S. government borrows around $125 billion each month. This means that, at least in theory, it is possible for the Fed to fully fund the borrowing needs of the U.S. government for nearly a year.

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26-Jul-2011 00:21

Others / Aug 2, US-living on borrow time from debt disaster

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Succes will come, not till both got no more money to spend....hummm.

http://www.bloomberg.com/news/2011-07-25/republicans-push-dueling-plans-with-democrats-for-raising-u-s-debt-limit.html

Republicans one plan, Democratsanother plan. Both Trade Accusations Over Debt Talks.

The Obama administration and House Speaker John Boehner’s office exchanged charges of intransigence in talks aimed at averting a U.S. default Aug. 2 and tackling the nation’s $14.3 trillion debt.

Boehner’s office said he will unveil a plan today to prevent a default, cut spending and deny President Barack Obama a “blank check” to borrow more money without further reductions. Boehner told fellow Republicans he was determined to force action on a two-step debt-limit extension that would provide a $1 trillion, shorter-term increase than Obama seeks, defying a veto threat and the administration’s warnings of dire economic consequences.

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25-Jul-2011 23:29

Malacca Trust / Malacca Trust IPO Offer - 0.22 cents on catalist

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Malacca_Trust_Closing_News_Release.pdf

SAM1107012_Malacca_Balloting_ST.pdf

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_F9E0E4CD1DE2292D482578D8003AF32A/$file/SAM1107012_Malacca_Balloting_ST.pdf?openelement

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25-Jul-2011 23:21

Malacca Trust / Malacca Trust IPO Offer - 0.22 cents on catalist

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Another try....agian

http://pdf.reuters.com/sgxnews/sgxnews.asp?i=43059c3bf0e37541& u=urn:newsml:reuters.com:20110725:nSN7P51431

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25-Jul-2011 22:26

Malacca Trust / Malacca Trust IPO Offer - 0.22 cents on catalist

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Balloting and Placement Result... Good for a stag.

http://pdf.reuters.com/sgxnews/sgxnews.asp?i=43059c3bf0e37541& u=urn:newsml:reuters.com:20110725:nSN7P51431

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24-Jul-2011 10:53

Others / GE2011 Co-driver analogy...haha

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Pls. U can move a step forward, one step at a time....and

Ok..,, fine, wait a moment. Pls give me sometime. Don hurry me.

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24-Jul-2011 10:43

Others / Aug 2, US-living on borrow time from debt disaster

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America's in Debt Crisis. Debt ceiling delay: " It would be a Gun shot self-inflicted wound"

Now -- Debt ceiling countdown.

NEW YORK (CNNMoney) -- It's very hard to see how this ends well.

On Friday, for the third time in a month, Republicans abandoned negotiations with the White House over how to reduce the country's medium and long-term debt in time to raise the nation's debt ceiling.

On Saturday, Boehner told House Republicans in a conference call that he wanted to announce a solution to the impasse by Sunday afternoon before markets open in Asia, a GOP aide familiar with the call told CNN.

It remains to be seen how investors, who have so far mostly watched but not acted on the debt ceiling debate, respond to the latest breakdown.

teeth53 thot: The price to pay for is d one who will run for top job of running the most powerful economy of a debt riddle country. Isit democrat, Mr Obama or the hopeful congress..?.

Democrat lov democracy. Congress lov democracy. That how democracy work.

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23-Jul-2011 22:02

Others / GE2011 Co-driver analogy...haha

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Without much ordinary folks support, will there any noise?. hear me, hear me. sad - said d old king.

'FT allows to punch above its weight…We success becos of ‘foreign talent’ – Lee Kuan Yew

Will PM LHL import more FT to help him run?. Behold d old king seen to suggest that...

PAP begins search for 2016 GE candidates

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23-Jul-2011 20:59

Others / Aug 2, US-living on borrow time from debt disaster

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228

comments

Debt ceiling delay: " It would be a Gun shot self-inflicted wound," (they r holding theirs - who die 1st??)

steadylar ( Date: 23-Jul-2011 18:24) Posted:

shooo kids, go play in the playgorund, not in the white house

...yet i still think they will manage to raise the debt ceiling, in time, somehow, like many times b4, simply bcos US wont let itself be down rated

...meantime hold our breath until a breakthru comes

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23-Jul-2011 20:46

Malacca Trust / Malacca Trust IPO Offer - 0.22 cents on catalist

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Good for a STAG. Grey px is up...

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23-Jul-2011 16:33

Straits Times Index / News Update!

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Debt ceiling: What happens if it isn't raised?

Look. Look, see, see. Ai C liao. Obama oni $500k..?.

President Obama and Treasury chief Tim Geithner will have to make hard calls about who gets paid if debt ceiling isn't raised.

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23-Jul-2011 16:29

Straits Times Index / News Update!

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there's a QE 2.5 worth US$300 billion for now. Temporary can last for 2.5 months, same goes for Greece.

Then followup with a QE2.51, then 2.52 and so on.........and on.

Why? It's basic math:

The United States doesn't bring in enough revenue to pay all its bills -- with monthly deficits averaging $125 billion.

iPunter ( Date: 19-Jul-2011 08:33) Posted:

If they have QE-3, QE4... to QE-infinity, it can be worse... Smiley

bryansng ( Date: 19-Jul-2011 07:23) Posted:

No QE3. A bad news for the stocks exchange counters..... lets see the negative effect..

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23-Jul-2011 14:56

Others / Aug 2, US-living on borrow time from debt disaster

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President Obama and Treasury chief Tim Geithner will have to make hard calls about who gets paid if debt ceiling isn't raised.

teeth53 ( Date: 22-Jul-2011 21:27) Posted:

America's Debt Crisis

S& P briefs GOP lawmakers on fallout

Credit ratings agency and Wall Street groups met with House Republicans to educate them about a downgrade. More

Beware debt ceiling vote - After a deal is struck, rank-and-file lawmakers will still have to vote. It might not go well. More

States brace for default

Beware the debt ceiling vote

NEW YORK (CNNMoney) -- The debt ceiling talks, for weeks now, have been going on behind closed doors. The negotiations have been conducted by a tiny group of legislative leaders and President Obama's top aides.

All the while, the countdown to Aug. 2, when the government will no longer be able to pay all its bills, has marched closer.

Any proposal will still have to be put into legislative language, scored by the Congressional Budget Office and vetted by rank-and-file lawmakers whose votes will decide its fate.

Even after the principal negotiators announce a deal, the rest of Congress will have to be convinced to go along.

The closer to D-Day Washington gets, the messier it will be.

teeth53 ( Date: 21-Jul-2011 23:07) Posted:

STATES BRACE FOR DEFAULT

8:57AM: Looming debt ceiling deadline prompts states to draw up contingency plans. More

Debt ceiling impasse imperils states' credit ratings

U.S. credit: Raising debt ceiling isn't enough

Hold up! Still no deal to raise the debt ceiling

http://money.cnn.com/2011/07/21/news/economy/Debt_ceiling_states/index.htm?iid=Lead

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22-Jul-2011 23:13

Others / Aug 2, US-living on borrow time from debt disaster

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Imagining. what happen when they start selling those gold??.

Gold px can start driving like a sub....$??. DOW can oso start diving by...?.

MasterNg9999 ( Date: 22-Jul-2011 23:06) Posted:

Tick Tock Tick Tock ......... the hand is moving

1. United States

Value of reserves: $459.04 billion
Holdings total: 8,965.6 tons

The United States Bullion Depository in Kentucky—otherwise known as Fort Knox—is the most famous gold stockpile in the world. It holds the majority of the nation’s gold reserves, the remainder of which is held at the Philadelphia Mint, the Denver Mint, the West Point Bullion Depository and the San Francisco Assay Office.

Altogether, the total gold reserves of the U.S. equal 8,965.6 tons and would be valued at approximately $459.04 billion in today's market.

The key to the debt crisis

Cheer

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22-Jul-2011 21:27

Others / Aug 2, US-living on borrow time from debt disaster

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x 0

America's Debt Crisis

S& P briefs GOP lawmakers on fallout

Credit ratings agency and Wall Street groups met with House Republicans to educate them about a downgrade. More

Beware debt ceiling vote - After a deal is struck, rank-and-file lawmakers will still have to vote. It might not go well. More

States brace for default

Beware the debt ceiling vote

teeth53 ( Date: 21-Jul-2011 23:07) Posted:

STATES BRACE FOR DEFAULT

8:57AM: Looming debt ceiling deadline prompts states to draw up contingency plans. More

Debt ceiling impasse imperils states' credit ratings

U.S. credit: Raising debt ceiling isn't enough

Hold up! Still no deal to raise the debt ceiling

http://money.cnn.com/2011/07/21/news/economy/Debt_ceiling_states/index.htm?iid=Lead

teeth53 ( Date: 17-Jul-2011 10:25) Posted:

Agree. Staying alert and in tune rather then ignoring can assist us in making a better decision..

The cost of two (2) weeks delay will cost U.S. tax payers about US$150 billion in short fall.

Aug 03 - some US$23 billion in social securities benefit payments are due.

Aug 04 - Treasury dept must pay US$87 billion to investors to redeem maturing treasury securities.

Aug 15 - more then US$30 billion interest payments are due., and

in additional to those costs, d govt normally pays US$10 billion daily to contractors, medicare providers, federal employees (public employees) and others.

http://sg.news.yahoo.com/photos/public-debt-worlds-richest-countries-photo-115443410.html

The US govt reached its debt limit of $14.29 trillion in May, and since then the Treasury Dept has used special measures to allow the govt to keep paying its bills.

Unless the limit is raised by August 2, the Treasury says, growing spending and debt service commitments will force a default, which would have disastrous ripple effects throughout the global financial system.

teeth53 thot: a two weeks delay is enuff to cause alot of headache, together with EU-PIIGs

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22-Jul-2011 20:50

Malacca Trust / Malacca Trust IPO Offer - 0.22 cents on catalist

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For full information...

http://info.sgx.com/Offers.nsf/0/747A66D068DDC0A0482578D1001250A6/$file/(02a)%20Malacca%20Offer%20Document%20(Clean).pdf?Openelement

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