₦airaland Forum

She and Bill were a match made in lie-kingdom

Ori mi wu oo---- E lagimo

But I no like Cheese na

@4play and Imani

What do you expect from a country where every name is preceeded by a title.

Engineer this, Architect that, Surveyor those, Accountant us.

God Forbid that anyone without the appropriate title be given the portfolio that does not fit.

I would have a lot of time for Col. Umar but for the fact that he came to prominence under Babangida

I have not heard as much as a whisper of criticism about his former boss's regime.

4 Play:
Beyond that,he claims the Fed intervened to pump in cheap cheap credit but Fed interest rates started rising,from a low of 1% in 2004,to around 4.75% as at 2007.That is hardly an expansionary monetary policy.

This I think is the clincher

hmmm. . . .I don't buy it.

There are two different crises at work here.

The original crisis was the subprime mess and the realisation that people without any creditworthiness had been handed loans they might not be able to
repay.
The present crisis is a liquidity crunch caused by the dicing and slicing of loans to the effect that no one knows who owns or owes what. Banks are still
reluctant to come clean about the bad loans on their books.
Had the subprime crisis been the only problem, it would have been a clear case of isolating the cancerous bodies from the wider system, sort of like the
LTCM mess in 1998.
Much of the cheap credit that was circulating was from outside the US as well, from sovereign wealth funds etc.
Eventually, I suspect the total liability will not exceed 400 billion dollars. At least that is the figure being bandied around.



BTW. . . . .4Play

Doesn't the methods employed be the Fed, the active intervention to stabilise the market, emphasise my point
the KEYNESIANISM is alive.

Hmmm. . . . .So while I was busy posting on nairaland. . . .sensible people were busy establishing the hookup.


I feel like such a doofus. Gotta get my act together

Big B1:
@4 Play:
Hey, what do you expect from an ordinary Nigerian that attended Ajegunle Boys High School?

Now that you've decided not to post a very good source that supports my initial view point, I must be in severe pain!

You wish. . . .Abi na Eleja Comprehensive

@4play

Can you provide the source please, . . . .interested in the argument

4 Play:
@BigB1

All this your "copy and paste".Is it part of proving the link between the Iraq war and sub-prime?

I was just about to ask the same question oo

And besides most of these loans were made by less than stellar organisations, the Countrywide's and Household's(subprime companies) of this world
hardly vessels through which the Fed would influence economic activity.

I do agree with 4play. The economic boom had its genesis prior to the mess in Iraq and you must remember even up till June/July last year, the global economy was still on a tear with the US at the vanguard.

Besides much of the cheap credit of the past few years have been sourced from wealthy investors outside of America not from within.

Big B1. . . .4play might have his errrr ''pedestal-ic'' way of argument but I do agree, there is hardly any connection between the Iraq war and
the subprime debacle.

RuuDie:
Hope Ferrari snatch it again. . . . . McClaren's obsession with Hamilton's success will be their downfall, the focus is so much on him that you'd think he's the only driver they've got . . . . .

Hmm. . .so how does this intense focus explain Kovalainen qualifying ahead of Hamilton.

The clearest indication of a driver being favoured by a team is through team orders.

And Alonso's gripe last season was that he wasn't a beneficiary of these.

And so far this season, there is no evidence Hamilton has benefited from them either.

Kobojunkie:
Did you make a law that says I can not be both or do you happen to have information about me that I do not have

@Kobo kobo


A man with fingers in more than one pie eh I reckon a name change is due.

A man of your esteemed status deserves dollarjunkie or poundjunkie

LMAO!!

Kobojunkie:
Congratulations to the man himself for accomplishing such with his life in a country where many believe the color of their skin is still their biggest problem. I hope his mother is proud of him.

LMAO

I suspect she is

4 Play:
1) The first question is akin to phrasing a question in this manner:How does speaking out against the stupidity of RichyBlack . . . . . . . .,amount to being anti-RichyBlack? Unless we have a consensus as to the supposed stupidity of RichyBlack,the question is fundamentally flawed.

Na wa ooo.

Does railing against 4plays's pomposity and arrogance. . . .constitute being anti-4play.?

And on this I-man, there is a landslide consensus.

The question is 'protected'.

If I was One on One with IBB, I would hope to have a gun handy.

He deserves to be stoned to death.

Ooops. . . .Ferrari Strikes Back

The front row is all Ferrari I am afraid.

Mclaren are back in Eighth and Ninth with Kovalainen and Hamilton respectively.

It would be a challenge for Hamilton to rise up the board. It is from positions like this that great drivers show their mettle.

I bet twenty pounds, SabiSabi is behind this idea

@4play

I doubt it will ever be possible to come to a unanimous conclusion about what constitutes or what group can be correctly identified as a terrorist organisation.

Using your example of Law Enforcement Agencies, there are examples in times past of such, Fascist and Communists no less, that are now described in
'terrorist' terms.

Well its not the biggest is it. . . .

Do you find anything controversial in these proposals.?

LadyT:
Doyin you can talk wheres your sexy muscles picture gone

Security issues na

Security issues for one I guess.

Lots of ladies on this site have had their pictures used without permission especially as YIM profile pics.

Although I agree it would be nice to have pics on profiles.

Kobojunkie:
Is the plane in question as small as steve faucett's

Well that's a good point. . . .

You reckon that would matter on radar

Boy was I pleased about the weekend's results.

My thoughts on the race

- Raikonnen's car looks fast, but its reliability might be its Achilles heel.
Hopefully by the time Ferrari sort out the issues, Hamilton would be out of sight in the points race
like Alonso and Schumacher two seasons ago

-the new laws against traction control figure to make this season quite memorable. The specter of less than
ten cars finishing a race will be seen frequently throughout the season

-Doesn't Alonso wish he had not done a 'Le Sulk' all of last season. His car doesn't look competitive at all

-How long will Massa maintain a seat at Ferrari. His drive on Sunday was appalling.

-Isn't Hamilton just a stud.

Kobojunkie:
I still find it hard to believe that a whole plane can disappear like that. I am waiting to read news that this was all a mistake.

Well if Steve Fawcett's disappearance in Nevada is anything to go by. . . .it can occur anywhere

There is reveal cause for separation. . . . . .but the Nigerian 'separatist' movement, whatever it might be, still has the dilemma of explaining how

300 different nations can peacefully emerge from the current Nigeria.

Well people. . . .I will admit to the error of my ways

My silliness ends here. . . .

I will contribute to the farce no longer. . . . .

All my contributions will be straight to the point and relevant. . . .

Yours truly

Doyin13

debosky:
doyin aka ediye funfun ti ko mo ra e lagba

you sef dey talk of constant bickering when you be instigator in charge?

abeg leave that tori for Igodo Megodo

@ topic

nairaland goes through this phase every couple of months, it goes up and down, people come and go. . .the dynamic changes from time to time

It may be boring for you, but others find it interesting I'm sure.

Na jeje I dey here ooo

You are a person. I Got my ELFIN eyes on you. . .My Desert Eagles are on your tail

yada yada yada

Hehehehehehe. . . .How can you not love this place

Gamine:
Nairaland.

Seems as though only constant bickering keeps this place alife

Honestly. . .the constant bickering really gets on my nerves now. . . .

Why can't people jus come here, offer their well reasoned opinions and maintain healthy discussions

All we get are loads of hormonal teens, adolescents, empty threats and derogatory remarks

Pathetic really