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lannarebirth

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Posts posted by lannarebirth

  1. So how's this? I'm an American Christian and I go to work for a Thai company. The company sells exclusively to other Thai companies. The company doesn't care that I'm not Buddhist like all my fellow employees and customers, but feels I could gain some insight into working with them if I learned a little bit about Thai Buddhism. Towards that end they pay me to sit through 1.5hrs/week of study . Should I be offended? Should I quit? Is it outrageous?

  2. To clarify some points. The company i work for is not an NGO/ Non profit organisation it is a business that is here to profit.

    When i was hired it was well known that i was not Christian and has never been an issue until now.

    The Monday bible studies are something that have been implemented recently.

    Go back to the manager, advise him you are Buddhist and happy to be one.

    You do consider compulsory bible study as being a way trying to convert you.

    You live your life and work according to your Buddhist believes and are not willing not only to covert but learn about Christian way of life.

    Should he/she insist, you will have no option but to contact Thai labor union and Thai lawyer to take action. You will also contact media to notify people of such an outrage(ie Buddhist in Thailand forced to convert)

    I have a feeling things will change for you, i only hope they do not start Buddhist study group for you :D

    PS. Do not forget to mention, that you are more then happy to attend any work training seminars but thats as far as you are willing to go

    `Only thing is, a Buddhist would probably attend the study, get nothing out of it, collect his paycheck and be unfazed by the whole matter.

    Well that's the wisest piece of advice I've read all day. :)

    He might even take a portion of that paycheck down to the wat and make tamboon. :D

  3. To clarify some points. The company i work for is not an NGO/ Non profit organisation it is a business that is here to profit.

    When i was hired it was well known that i was not Christian and has never been an issue until now.

    The Monday bible studies are something that have been implemented recently.

    Go back to the manager, advise him you are Buddhist and happy to be one.

    You do consider compulsory bible study as being a way trying to convert you.

    You live your life and work according to your Buddhist believes and are not willing not only to covert but learn about Christian way of life.

    Should he/she insist, you will have no option but to contact Thai labor union and Thai lawyer to take action. You will also contact media to notify people of such an outrage(ie Buddhist in Thailand forced to convert)

    I have a feeling things will change for you, i only hope they do not start Buddhist study group for you :)

    PS. Do not forget to mention, that you are more then happy to attend any work training seminars but thats as far as you are willing to go

    `Only thing is, a Buddhist would probably attend the study, get nothing out of it, collect his paycheck and be unfazed by the whole matter.

  4. Did the company put pressure on you or imply that you need convert to Christianity if you were to continue working there? Could your "bible study" be construed by the company as some type of training for the work you were engaged in or to familiarize you with the group you are doing business with? I agree it's highly onorthodox and wouldn't fly in any western country, but you could make an argument (perhaps a poor one), that it isn't much different than studying Machiavelli or Sun Tzu as an approach to doing business. As an example, could one successfully market to Islamic organizations without some understanding of Shariah Law?

  5. So what do the people that denied the importance and impact of derivative contracts think now?

    Clearly AIG (Almost) blew up because of these.

    Many Billions of Dollars payed out to counter parties.

    Don't you think there is something wrong with this system?

    :)

    Well Alex, there are derivatives and then there are DERIVATIVES. No one knows how many there are out there but I'm going to say anyway, that the vast majority have solvent counteparties, trade transparently and are marked to market instantaneously. I know the ones I trade in are. It's the CDS's that are the issue. Purposely obfuscated market, big spreads, probably alot of poorly capitalized counterparties, but what's worse is, there is no cap to the market. Of course there's something wrong with the system. I don't think anyone is defending it.

  6. Ben's probably lying for the Bond market's consumption, but what if he's not?
    With uncharacteristic bluntness, Federal Reserve Chairman Ben S. Bernanke warned Congress on Wednesday that the United States could soon face a debt crisis like the one in Greece, and declared that the central bank will not help legislators by printing money to pay for the ballooning federal debt

    http://www.washingtontimes.com/news/2010/f...ing-on-us-debt/

    :):D

    as if the printing machines aren't red hot yet

    LaoPo

    The problem is Lao Po, you just can't print enough. Ben may be the worlds foremost authority on the Great Depression but even he has no idea of the value of every derivative product out there. You can't just can't fill that hole no matter how much you print. Prechter's right about that at least, IMO.

  7. Ben's probably lying for the Bond market's consumption, but what if he's not?

    With uncharacteristic bluntness, Federal Reserve Chairman Ben S. Bernanke warned Congress on Wednesday that the United States could soon face a debt crisis like the one in Greece, and declared that the central bank will not help legislators by printing money to pay for the ballooning federal debt

    http://www.washingtontimes.com/news/2010/f...ing-on-us-debt/

  8. how can ttey state

    By an unanimous decision, the Supreme Court ruled that the prosecution against former prime minister Thaksin Shinawatrat is unclear on the extent of unusual wealth and how it is linked to abuse of office.

    and then give guilty verdicts for everything????so far

    I believe the court is ruling on, and trying to quantify monetarily, the damage to the state by Thaksin's abuse of power. They do not claim to know how much he personally benefitted from that abuse. That doesn't mean he isn't responsible for the treasuries losses.

  9. A couple of comments on the Greek issue that I have read and quite liked....

    <snip>

    'If sovereign lifeguards saved the corporations when the crisis first hit, who is left to save the lifeguards?'

    Naam has 2 dogs now, Abrak. I hear they are strong swimmers. :)

    Gambles, how many times have you blown out?

    Can we please refrain from using any of the combinations of words "shorting," "sovereign," and "debt?" If anybody in this forum has any access to such trade (or "related trades") please provide details as I always like to hear of a good blow-out from somebody playing way over their league. But hey, let's not let reality factor in here, this is TV you know.

    Signed,

    Sifu jcon

    jcon,

    I'm not sure what you mean by blown out. Remember I'm just a mere advisor who directs money into the management of those who know what they're doing with it. I don't claim to be a trader or guru or anything smart myself - just passing on what I've learned at the feet of the masters to anyone who is interested.

    I can check the CFD minimum for such a trade but I'd guess well within most people's means - but the trade should probably only be a very small % of any portfolio.

    cheers,

    Paul

    He means blown out an account. Margin called to zero balance (or worse).

  10. A couple of comments on the Greek issue that I have read and quite liked....

    <snip>

    'If sovereign lifeguards saved the corporations when the crisis first hit, who is left to save the lifeguards?'

    Naam has 2 dogs now, Abrak. I hear they are strong swimmers. :)

    Gambles, how many times have you blown out?

    Can we please refrain from using any of the combinations of words "shorting," "sovereign," and "debt?" If anybody in this forum has any access to such trade (or "related trades") please provide details as I always like to hear of a good blow-out from somebody playing way over their league. But hey, let's not let reality factor in here, this is TV you know.

    Signed,

    Sifu jcon

    Push the red "T" and you're short sovereign debt:

    post-25601-1266934844_thumb.png

  11. Which sovereign(s) would you short? The search for the next Greece is finding its way to an unlikely place: Japan.

    you can't short sovereign bonds unless you are willing to commit 15-20 million dollars and your bank finds a counterpart for that deal. if "alphaville" suggests that (i don't read its rubbish) its writers can ask for a certificate issued by me stating "no bloody idea but of no bloody idea a lot".

    1. You can do it with ETF's and

    2. of course most anyone can short US treasuries if they'd like but it can be an awfully fast market sometimes so you'd better come heavily armed.

    1. not specific bonds but only a "package"

    2. how do i short UST?

    http://www.interactivebrokers.com/en/p.php...p;ib_entity=llc

    I'm not sure how opening an account here fits in with having one's financial affairs "offshore". I remeber when I ad CS account, most US securities were off limits.

  12. I'm not sure what the name of the "non toxic" exterminators was that my wife last contracted. what I do know is that she paid for several treatments over the course of a year. they came once and we never saw them again. Whichever service you've found will probably be effective if you don't pay them in advance. Good Luck.

  13. Which sovereign(s) would you short? The search for the next Greece is finding its way to an unlikely place: Japan.

    you can't short sovereign bonds unless you are willing to commit 15-20 million dollars and your bank finds a counterpart for that deal. if "alphaville" suggests that (i don't read its rubbish) its writers can ask for a certificate issued by me stating "no bloody idea but of no bloody idea a lot".

    You can do it with ETF's and of course most anyone can short US treasuries if they'd like but it can be an awfully fast market sometimes so you'd better come heavily armed.

  14. Only slightly off topic but directly related to the discussion thus far - yes, another article from the Daily Mail (sorry) but a really useful and interesting chart embedded in the middle of the article showing how the UK has changed under Labour, the chart specifically describes reductions in the number of public service outlets and facilities (libraries, police stations, hospitals etc) versus the growth of other establishments such as betting shops, lap dancing clubs, supermarkets and the like, a very interesting picture which helps explain to me at least the some of the reasons for the demise of the UK as we once knew it.

    http://www.dailymail.co.uk/news/article-12...rn-Britain.html

    It's like Bedford Falls if George Bailey had never been born.

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