tag:blogger.com,1999:blog-4921988708619968880.post1004371624692965227..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: June 15 2011: Credit Downgrade SwapsIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger133125tag:blogger.com,1999:blog-4921988708619968880.post-6083453466942036002011-06-19T01:57:27.477-04:002011-06-19T01:57:27.477-04:00@ DBS et al
While appealing in its simplicity, so...@ DBS et al<br /><br />While appealing in its simplicity, something about the lord-henchman-slave-outsider classification seemed missing. Then it struck me: <i>human hierarchy is fractal</i> (i.e. self similar at multiple scales). As suggested by El G, I agree that proles divide into two categories: slaves (beholden and controlled by henchmen for lords) and outsides (largely ignored as irrelevantA Fall Guyhttps://www.blogger.com/profile/08646030011686964723noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-1735749840029542122011-06-18T18:30:42.314-04:002011-06-18T18:30:42.314-04:00St. Lucia's laws prevent the will being contes...<i>St. Lucia's laws prevent the will being contested. Must be some pissed off spawn:)</i><br /><br />scandia,<br /><br />It is probably a lot simpler than that. All of us, if we live long enough, go dotty. This character seems to have changed his will 7 months before he died. <br /><br />IMHO, the English laws on inheritance are almost designed to create friction in families. My Dad died in Nassimhttps://www.blogger.com/profile/18014132282872515690noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-69191916276345421212011-06-18T14:30:50.706-04:002011-06-18T14:30:50.706-04:00The cause of something is something awkward.
The ...The cause of something is something awkward.<br /><br />The cause of time is relativistic mass. <br />The cause of taxes is love of the deficit.<br />The cause of price is misvaluation.<br />The cause of breakaway barbarism is dominant sociopathy.<br />The cause of inertia is that Gravity is a recursive algorithm.<br />http://en.wikipedia.org/wiki/Mach_principle<br />It really is.Gravityhttps://www.blogger.com/profile/09126443076478406015noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-84943657359576579982011-06-18T14:27:08.610-04:002011-06-18T14:27:08.610-04:00New post up.
Monetary Psy-Ops: QE3 and Twist2...New post up.<br /><br /><br /><br /><br /><br /><a href="http://www.zerohedge.com/article/trading-over-counter-gold-and-silver-be-illegal-beginning-july-15" rel="nofollow"><b>Monetary Psy-Ops: QE3 and Twist2</b></a><br /><br /><br /><br /><br /><br />.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-58642461312599402462011-06-18T14:17:36.700-04:002011-06-18T14:17:36.700-04:00D. Benton Smith said...
"As the playing fiel...<b><i>D. Benton Smith</i></b> said...<br /><br />"<i>As the playing field tilts in favor of the lords the NUMBERS shift in favor of the slaves … until there are so MANY slaves and so FEW lords that the inevitability and outcome of rebellion is just an absolute no-brainer.</i>"<br /><br />Always possible for the outcome to be your implied scenario, of course, but a study of actual Legendary Armor Rōninhttps://www.blogger.com/profile/09233086947138048623noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-72892263913447416472011-06-18T14:05:48.039-04:002011-06-18T14:05:48.039-04:00The Empire strikes back??
http://www.zerohedge.co...The Empire strikes back??<br /><br />http://www.zerohedge.com/article/trading-over-counter-gold-and-silver-be-illegal-beginning-july-15el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-63321152873722233982011-06-18T14:00:09.482-04:002011-06-18T14:00:09.482-04:00Greenpa
Yeah if Brooksley Born hadn't been am...Greenpa<br /><br />Yeah if Brooksley Born hadn't been ambushed by Greenspan, Ruben, Summers, and Levit, then we would be practicing masturbation the way God intended us to.el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-69009007819768063522011-06-18T13:57:59.312-04:002011-06-18T13:57:59.312-04:00Ilargi said:
Lovely week ahead of us, not a worry ...Ilargi said:<br /><i>Lovely week ahead of us, not a worry in the world.</i><br /><br />It's funny that for the last months, on every bad news (and there were plenty) I had that gut feeling that everything was falling apart.<br />Now that it's imminent, I don't have it anymore, like I`m insesitized to bad news, so I figure this must really be it.<br /><br />Going to clarify more butterp01https://www.blogger.com/profile/04396562841580952642noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-10237880382655888772011-06-18T13:53:16.591-04:002011-06-18T13:53:16.591-04:00Sorry if the link lurked somwhere but there is lit...Sorry if the link lurked somwhere but there is literally <a href="http://www.osud.cz/v-recku-je-valka-videoreportaz-ruske-televize" rel="nofollow">WAR starting in Greece!</a><br /><br />This is the fate of Europe???<br /><br />All the "money" goes to derivatives, greatest shit-hole of our times...Alexander Achttps://www.blogger.com/profile/16845172528191878930noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-6259618608972412282011-06-18T13:51:53.252-04:002011-06-18T13:51:53.252-04:00re bitcoins
The question boils down to - why shou...re bitcoins<br /><br />The question boils down to - why should you trust the guys who set this up any more than Benny and the Inkjets?<br /><br />And my understanding is that they can be lost by someone stealing your computer. OTOH, if you have the folder in which they reside strongly encrypted and backed up elsewhere, so the thieves cannot cash them in, and you can access them on a new computerel gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-1130538723151819812011-06-18T13:45:15.410-04:002011-06-18T13:45:15.410-04:00El Gal: "Is it a trojan or a virus? And if it...El Gal: "Is it a trojan or a virus? And if it is a trojan, how does it present itself to get invited in with your administrator password? Garbage article."<br /><br />Yeah, I caught the blooper on 'trojan virus'. Afraid my expectations of journalists have just gotten so low I simply shrugged it off.<br /><br />Mostly I was interested in the speed with which thieves have Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-71282949965937682562011-06-18T13:15:59.616-04:002011-06-18T13:15:59.616-04:00DIYer,
Honestly, if you were planning on buying t...DIYer,<br /><br />Honestly, if you were planning on buying them at all, you probably want to get them during the speculative frenzy and before the dollar begins significantly appreciating. After that, you'll probably be left owning increasingly worthless digital coins... even if there is eventually a HI event.<br /><br />Personally, I wouldn't invest in any. Physical gold would be a much Ashvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-51614543551409164282011-06-18T12:55:39.005-04:002011-06-18T12:55:39.005-04:00After reading the comments on the FOFOA thread, I ...After reading the comments on the FOFOA thread, I think I'll hold off a while on getting even a few bitcoins. At least I'll wait till the current speculative frenzy wears off.Jim Rhttps://www.blogger.com/profile/17419179432204743768noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-51149976094191706242011-06-18T12:14:13.911-04:002011-06-18T12:14:13.911-04:00el gallinazo said...
@Robert
I was shock...el gallinazo said...<br /><br /> @Robert<br /><br /> I was shocked to see your post about the Senate repealing the ethanol subsidy.<br /><br />-----------------<br /><br />Yeah This particular EROEI (energy returned on energy invested)hovers around zero. The complexity of calculations plus the fact that parameters may vary from region to region, farmer to farmer makes it difficult to pin Biologique Earlhttps://www.blogger.com/profile/05410194284794713409noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-48754923639142535782011-06-18T11:56:57.871-04:002011-06-18T11:56:57.871-04:00re: bitcoins
I really liked FOFOA's latest co...re: bitcoins<br /><br />I really liked FOFOA's latest comment about them:<br /><br /><i>"The total market cap for all Bitcoins in existence right now is about $103 million. (Link) If it is true that Satoshi Nakamoto has a quarter of the 6.5 million bitcoins in existence, then he alone holds $26 million. What about those other six project developers along with Satoshi? What is their Ashvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-58189205460721715152011-06-18T11:31:54.372-04:002011-06-18T11:31:54.372-04:00In a discussion on The Oil Drum a while back I pos...In a discussion on The Oil Drum a while back I posted a calculation based on anecdotal inputs from R-squared (who has some experience in the hydrocarbon bidness), that ethanol could be obtained from the chemical hydration of ethylene (a cheap commodity derived from natgas) for a production cost of about $1.50 a gallon (in 2006 or 2007). But of course the majors would never build an ethanol Jim Rhttps://www.blogger.com/profile/17419179432204743768noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-46956245755844019642011-06-18T10:44:43.504-04:002011-06-18T10:44:43.504-04:00@Robert
I was shocked to see your post about the ...@Robert<br /><br />I was shocked to see your post about the Senate repealing the ethanol subsidy. My first thought was, "What is this world coming to?" My understanding is that the corn derived ethanol EROEI is not low - but actually quite negative.<br /><br />But no need to despair that the country is spinning into a semblance of rationality, things are not what they seem, and the el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-10649882173095842852011-06-18T10:39:18.411-04:002011-06-18T10:39:18.411-04:00Henchman Or Slave, That Is The Question
alternate...Henchman Or Slave, That Is The Question<br /><br />alternate title: For Whom The Shoe Fits<br /><br /><br />Henchman used to be a pretty appealing job. Short hours, high pay, expectation of advancement, good retirement benefits, and dirty deeds committed against innocent widows and orphans so obscured by mountains of bullshit that the vast majority of henchpersons actually convinced D. Benton Smithhttps://www.blogger.com/profile/09505763959328162067noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-74551456382584162382011-06-18T09:18:21.262-04:002011-06-18T09:18:21.262-04:00Resistance to change?
An illustration is the fact...Resistance to change?<br /><br />An illustration is the fact that while USA is nearing a financial catastrophe the <a href="http://www.cnn.com/2011/POLITICS/06/17/defense.cuts/index.html?hpt=po_bn1" rel="nofollow">Democrats can find less than 1% to cut from the DoD budget</a>.<br /><br />Within the story is yet another illustration. The Army wants to mothball a tank repair facility in Ohio. That Mike Tanishttps://www.blogger.com/profile/10926879076978547221noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-84151799948753033022011-06-18T08:35:31.454-04:002011-06-18T08:35:31.454-04:00Speaking of Lords,slaves etc... on the Telegraph i...Speaking of Lords,slaves etc... on the Telegraph it is reported that Lord Glenconner left his St. Lucia estate to his manservant. It states as well that none of his family were mentioned in the will. St. Lucia's laws prevent the will being contested. Must be some pissed off spawn:)scandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-40612280224045955772011-06-18T08:01:22.706-04:002011-06-18T08:01:22.706-04:00@Ash - Nice posting on your blog, especially about...@Ash - Nice posting on your blog, especially about the bright red cardinal. A bit of morning inspiration. thanksbluebirdhttps://www.blogger.com/profile/09600634086150466162noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-1793559023067559992011-06-18T07:50:56.948-04:002011-06-18T07:50:56.948-04:00FOFOA had a decent article about Bitcoins recently...FOFOA had a decent article about Bitcoins recently, and a good forum discussion about its advantages and flaws as a competing decentralized currency - <br /><br />http://fofoa.blogspot.com/2011/06/bitcoin-open-forum.html<br /><br />Then he created two more "open forums" for discussion after that.<br /><br />IMO, Bitcoins may work on small scales, but it is way too idealistic to think Ashvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-75769991353533022852011-06-18T06:18:03.647-04:002011-06-18T06:18:03.647-04:00D. Benton Smith said...
"[G]o right to the s...<b><i>D. Benton Smith</i></b> said...<br /><br />"<i>[G]o right to the solution that you SHALL eventually employ anyway:</i><br /><br />"<i>Pick a team.</i><br /><br />"<i>There are three classes of people: lords, henchmen and slaves. ... HENCHMEN should [remember] the comparison between lab rats and lawyers: there are some things a lab rat just won't do. <b>Be a lawyer.</b></iLegendary Armor Rōninhttps://www.blogger.com/profile/09233086947138048623noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-35787598439626876262011-06-18T03:12:22.088-04:002011-06-18T03:12:22.088-04:00"Driven by a remarkable coalition of liberals..."Driven by a remarkable coalition of liberals and fiscal conservatives, a <br />bipartisan majority of the Senate yesterday voted 73 to 27 to end more than <br />three decades of federal subsidies for ethanol." - http://www.bobpark.org<br /><br />This surprising vote must have maize farmers up in arms. What with weather destruction, maize production must be precarious in many areas Biologique Earlhttps://www.blogger.com/profile/05410194284794713409noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-12502352921577522422011-06-18T02:01:06.754-04:002011-06-18T02:01:06.754-04:00Jerusalem rabbis 'condemn dog to death by ston...<a href="http://www.bbc.co.uk/news/world-middle-east-13819764" rel="nofollow">Jerusalem rabbis 'condemn dog to death by stoning'</a><br /><br />It reminds me of the French, in the 18th century and earlier, putting animals on trial for stealing, buggery and even murder :)<br /><br /><a href="http://en.wikipedia.org/wiki/Animal_trial" rel="nofollow">Animal trial</a><br /><br>Nassimhttps://www.blogger.com/profile/18014132282872515690noreply@blogger.com