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Old April 6th 09, 11:11 AM posted to sci.environment,sci.physics,alt.culture.alaska,sci.geo.meteorology
Ms. 2[_26_] Ms. 2[_26_] is offline
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First recorded activity by Weather-Banter: Apr 2009
Posts: 45
Default Day z??*10^3 - The Sun Hibernates - South Korea's bank deposits plunge:Global Financial Crisis

"April 6, 2009"http://www.spaceweather.com/
"Daily Sun: 06 Apr 09 The sun is blank--no sunspot. Sunspot number: 0"
"Far side of the Sun: This holographic image reveals no sunspots on
the
far
side of the sun."
"Planetary K-index
Now: Kp= 0 quiet"


The face of the Sun is without
blemish:http://www.spaceweather.com/images20...blank.gif?PHPS...


Please
visit:http://blog.nj.com/southjersey_impac...SolarCycle.jpg


The right panel shows the face of the Sun as it looked on a good day
during
the late Modern Warm Period. Sunspots are the apparent size of craters
on
the moon. The left panel shows a Sun as it appears today. Please write
to
Al
Gore so that Al knows that the Sun is not living up to his religious
expectations. Al Gore is a divinity school dropout. George Carlin had
a
better grasp of the true nature of God's creation, than does Al Gore.


Please
visit:http://www.co-intelligence.org/newsl...es/sun-etc.jpg
which shows the relative sizes of the Sun and planets. Compared to the
Sun,
Jupiter is the size of a pea, earth is the size of a grain of sand.


S Korea's bank deposits plunge on low interest rates


www.chinaview.cn2009-04-0312:02:14


Special Report: Global Financial Crisis


SEOUL, April 3 (Xinhua) -- S. Korean banks saw a sharp fall in
deposits
last month, while securities firms' funds marked a surge, mainly due
to
low
interest rates and optimistic outlooks on the local stock market,
South
Korea's daily Dong-a Ilbo reported Friday.


According to industry data, deposits at the nation's seven major
banks,
including the largest Kookmin Bank, logged 838.1 trillion won (625.73
billion U.S. dollars) as of end-March, down 11.2 trillion won (8.36
billion
U.S. dollars), or 1.3 percent, from a month earlier.


Meanwhile, securities companies saw a 25.6 percent rise in their
customer funds, which registered 12.9 trillion won (9.63 billion U.S.
dollars) as of the end of March, Dong-a said, quoting data from the
Korea
Financial Investment Association.


The move comes as local investors are withdrawing from banks to head
for
the stock market amid the central bank's on-going interest cuts and
growing
optimistic outlooks on the local stock market, according to Dong-a.


The press also attributed the surge in securities firms' funds to
foreign investors' refueled "Buy Korea" movement in the stock market.


The benchmark interest rate currently stands at a record low of2
percent, while the average interest rate that South Korean banks pay
on
deposits marked 3.23 percent a year in February.


This is a vivid demonstration of the stupidity of unregulated
capitalism. A reduction in bank interest rate is intended to encourage
consumer loans, mortgages and loans to small businesses, i.e. growth
in the real economy, not growth in the speculative economy and more
profits for stock brokers and bankers. This is a prime example of the
downward spiral of the global economic crisis. World stocks will have
another short upward blip, the bubble will burst again and more
trillions will be lost depleting the bank accounts of rich and poor
alike. The World Bank, IMF, G20, US Treasury and you and I alike are
throwing good money after bad. The only solution will be to print more
money and truck it to the banks. In this day and age of electronic
accounts, even the printers and truckers are out of work. No wonder
there are riots in the streets everywhere in the world. More power to
the rioters. They are the only ones with any common sense.


This was all predicted by William Herschel in 1801 who demonstrated a
correlation between Sunspots and commondity markets. Once the Sunspot
cycle goes wonking ,the whole global economy goes nuts.


---------------------------------


What we need then is a regulated global economy, i.e. world socialism, a
rediscovery of our roots. Leon Trotsky for President of the world!- Hide
quoted text -


- Show quoted text -


This may be off topic in alt.culture.alaska and alt.war.nuclear

---------------------------------

But this isn't Xposted to alt.war.nuclear, moron.- Hide quoted text -

- Show quoted text -


But it should be Xposted to alt.war.nuclear World socialism means
nothing less than world war three (WWIII).

Isaiah 9:7 There will be no end to the increase of His government or
of peace, On the throne of David and over his kingdom, To establish it
and to uphold it with justice and righteousness From then on and
forevermore. The zeal of the LORD of hosts will accomplish this.

Joel 3:10 Beat your plowshares into swords And your pruning hooks into
spears; Let the weak say, "I am a mighty man."

------------------------

Ye shall know the truth, and the truth shall make you free. John 8:32

Moron.