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waynei

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About waynei

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  1. Today, 12-29-10 La Nacion carried an article about Banco Nacional buying US dollar to prevent it falling further. El Banco Central ha adquirido desde setiembre de este año el 41% de los $600 millones que anunció que compraría en un lapso de 16 meses, con el fin de fortalecer sus reservas monetarias. Cuatro meses después de haber anunciado un programa de acumulación de reservas, la entidad ha comprado casi $249 millones. Para adquirir los restantes $351 millones, el Banco tiene tiempo hasta diciembre del 2011. So BN has already used 41% of the 600 million to support the 500c floor. It
  2. Most gracious of you for asking crfinica. The Ticabus had about a dozen english speaking passengers, including Australia, German ((spoke ingles), England and USA. After the first handful of folks got their stamp, immigration asked someone for their outbound ticket from CR. Then every nonnational had to produce the onward proof and at least 3 folks had to buy a ticket (just happens to be a bank at the border, fancy that). One person claimed he had ticket but not with her, the German didn't have ticket or money to buy one so the Australian lent him money. I was smart lucky enough to have b
  3. I suspect you may have hit upon a large part of the Nica's sense of past transgressions. Although the conversation became fast and furious i repeatedly heard Guanacaste. Since i am only a casual friend it seemed best i leave the subject alone, and did not pursue it even when my friend tried to explain in more detail when we were alone. Would be interesting to know what is taught in the Nic schools concerning that unanimous decision. Perhaps it's kind of like individual states suing the Fed. Govt. over unwanted mandated health care?
  4. CR best forget about that disputed property. I just returned from 4days in Nic (thanks again CR imigracion) and EVERYONE believes the land belongs to Nic. My lady friend and her friends, whom detest Ortega are 100percent sure this is Nic land. Their reasoning, best i could understand their animated spanish, is that at one time most of the Northern part of CR belonged to Nic until CR stole it. I don't know whether or not this is true but they believe it. For me, Sunday mass was the exclamation point on this subject. I had wondered why the catholic church was with Ortega during news confer
  5. Kenn, i think every reason/item you listed for the weak dollar is correct. I would guess China especially looks at every opportunity to offload the 860+ billion of dollars they are currently holding. Just this week China loudly forecast the dollar will devalue more due to huge deficit spending. China looks for every opportunity to diverse away from the dollar because everyday the positive trade deficit )positive to china) only adds to its holdings. CR offers them an invisible hand to decrease their dollar holdings (funding the stadium with dollars they earned but paying in yuan) without cau
  6. expat99 Senor, have you been in CR since 99? Just curious. I have not graffed the Colone so take my input for less than nothing. More than a couple years ago the exchange was 560 and above. But that was before the financial crash (scandal). But now, with the amount of debt accumulated by the US govt a lack of desire or sense to create new economic models (N.Gas automobiles, small nuclear turbines to produce electricty) elimination of govt. schools & postal service) and a hard look at entitlement programs which undermine incentives for personal achievment, well the only way to pay of
  7. Certainly y'all know i only got opinions, and not highly intelligent ones. As stated, not only did Japan sell Yen to buy dollars, but locked up the dollars rather than putting them back in the market. That managed to drive the Yen down against the dollar and seems to have strengthened the Euro a bit as well. The week prior, China bought a bunch of Japan Yen, so to increase the yen value and thus give the Yuan competetive advantage (cheeper) My premise is the world markets see currency devaluations as the next economic play card being that interest rates are zero most everywhere. The US do
  8. Last week Japan sold 2trillon yen and bought dollars to keep the yen from gaining more value against the dollar. And they parked those dollars in money market fund rather than issue govt bonds. The world markets look at this event as loss of faith in the dollar strength with continuation of the bailout mindset of the administration, hatred for profitable business models, the continuing collasp of the US job market with no plan to stem the loss other than government jobs. As they say, we elect whom we deserve. a bounce will come, in fact many bounces but america as we've known it has change
  9. i also must return to USA Oct 1 until Oct 27. I only have 1 duffel bag to find a place. I hope to find apt. to rent b/4 i leave (I have many hopes but not much luck)but assume i won't. I'm in SJ. mucho gusto waynei
  10. I feel obligated to provide my non-disclosure statement. I do not now own a television, have not for years nor do i watch TV unless traveling for business. I served 4yrs in US ARMY, some of that time during Vietnam Conflict and so very patriotic to one country under God. end of statement. The terrorist attack at Ft. Hood (spent 2yr there) breaks my heart. This be 2nd terrorist attack in USA this year (none b4 that since 9/11/01. I wonder if first terrorist attack was ever covered by TV? waynei
  11. and i thought you ment the MSNBC of CR. You know with the announcer that said he will do whatever it takes to make Barrack Hussien Obama's presidency successfull. The station selling Obama's YES WE DID and WE BROUGHT CHANGE bumper stickers on their website. The one silent about ACORN's pimp business and green czar Van Jones signed statement that the US govt orchestrated the 9-11 terrorist attack (they're still investigating). CNC=Clinton News Network in my opinion Waynei
  12. Since I've spent more time in Korea, Germany (under guise of military) than CR, anything i add is weightless, however i have to groan when i read again today the keystone cops lose another 3oo+kilos of coke from their locked down warehouses. Ya think someone will get fired? The revolving court system door, government lackluster methods and educational stalemate all play a part of the CR culture. But USA is sliding down that slope. NOBODY can tell me the USA workethic of 50yrs ago endures today. Might i venture that the Don Quixote culture paints a picture of a socialistic society. K
  13. I concur - it would not be legal.
  14. oye about that house in Heredia. ummmm cold & rainy. (97F today) are you waiting for an offer or is this planned rental income? agosto no mas, ahora esta octubre waynei
  15. can you tell me how far (how many bus connections) from San Jose el centro to Piedades Ciudad Colon? Also, the Internet access - it is cable access or wireless. Thanks wayne
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