tag:blogger.com,1999:blog-4921988708619968880.post1178361220798045770..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: September 2 2011: Austerity is Coming to the People of the SunIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger205125tag:blogger.com,1999:blog-4921988708619968880.post-7426258837862269122011-09-05T15:31:34.969-04:002011-09-05T15:31:34.969-04:00@SA,
I agree that the Constitutional writers were...@SA,<br /><br />I agree that the Constitutional writers were deeply flawed, but you originally criticized the document itself. I asked you to highlight where the document itself is currently flawed, not what was in the minds of the creators of the document - they are two distinct issues.<br /><br />I guess you didn't like that question.<br /><br />>>In the macro, the earth and it'sAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-37560457184053781562011-09-05T13:07:26.787-04:002011-09-05T13:07:26.787-04:00Agtefc,
I laughed out loud (in total agreement)wh...Agtefc,<br /><br />I laughed out loud (in total agreement)when you recommended getting a good pair of boots. I bought mine last Spring. Made by Danner in Portland OR, at $250 not cheap. But I'll wager they last 3-4 times as long as a pair of glued together $100 boots from China. Also got a pair of rubber boots (made in Canada) for $25 at Walmart no less! Wearing these in wet weather will Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-85647348411074026002011-09-05T10:21:53.468-04:002011-09-05T10:21:53.468-04:00"ogardener said...
"Because Romney is a..."ogardener said...<br /><br />"Because Romney is a Mormon and society frowns upon polygamy. "<br /><br />Oh, no. I think the actual truth is "society" ENVIES polygamists- at least the fantasy. And resents those who live their fantasy.Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-71717467500094615082011-09-05T10:21:11.983-04:002011-09-05T10:21:11.983-04:00The ECB is indeed engaging in QE now, but without ...The ECB is indeed engaging in QE now, but without targeting any specific increase in its balance sheet. That only adds on to its ineffectiveness, because it is clear that the ECB is haphazardly buying bonds of various PIIGS from week to week without any idea of why it is doing anything, when the credit markets simply do believe it has any credibility. That is also true of the EU in general, as Ashvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-11588126438162627602011-09-05T10:20:43.541-04:002011-09-05T10:20:43.541-04:00New post up.
The US Sues Itself While Europe C...New post up.<br /><br /><br /><br /><br /><a href="http://theautomaticearth.blogspot.com/2011/09/september-5-2011-us-sues-itself-while.html" rel="nofollow"><b>The US Sues Itself While Europe Crumbles</b></a><br /><br /><br /><br /><br />.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-30637195368705532382011-09-05T10:16:52.908-04:002011-09-05T10:16:52.908-04:00German DAX down over 5% USD/CHF/Gold all strong-
S...German DAX down over 5% USD/CHF/Gold all strong-<br />Silver/Oil negative-<br /><br />This is the true Deflationary/flight to safety trade-<br /><br />Doesn't mean it's developing a sustainable trend yet-but there it is-Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-20233570256552571762011-09-05T10:09:12.074-04:002011-09-05T10:09:12.074-04:00CharlieRose said...
"President Rick Perry. Th...CharlieRose said...<br />"President Rick Perry. The world belongs to beautiful people.<br /><br />"He's got Hollywood A-lister written all over him. He's rugged like the Marlboro Man, and his voice matches his twinkle. It fits in the way that Bush didn't. Bush looked like a spoiled brat with a Texan Twang. Perry has that million dollar sand-blasted leading man jawline. He Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-82475178077404430452011-09-05T09:53:39.976-04:002011-09-05T09:53:39.976-04:00John Day: @Greenpa
"I'm evolved for speci...John Day: @Greenpa<br />"I'm evolved for species success, not my own satisfaction?"<br /><br />I'm not sure, but you may be committing a very basic, and very common, error in comprehending evolution.<br /><br />You seem to be under the impression that you are important, somehow. But evolution cares not one whit what you are, or do- it only "cares" about whether your Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-46779282462161082012011-09-05T09:53:24.663-04:002011-09-05T09:53:24.663-04:00Blogger CharlieRose said...
Why is Perry beating ...Blogger CharlieRose said...<br /><br /><i>Why is Perry beating the pants off Romney?</i><br /><br />Because Romney is a Mormon and society frowns upon polygamy. Also, because Texans want to lose another village idiot.ogardenerhttps://www.blogger.com/profile/16062788838505530416noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-60129033525431341902011-09-05T09:46:46.481-04:002011-09-05T09:46:46.481-04:00The mainstream media and the elephant in the room....The mainstream media and the elephant in the room.<br /><br />Why is Perry beating the pants off Romney?<br /><br />Perry is better looking than Romney. And you could drink a Budweiser with Perry. The man has what it takes. He's got the sparkle and the glow that once followed Obama.Blackbirdhttps://www.blogger.com/profile/12445855563784696741noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-41199730093621338142011-09-05T09:31:51.147-04:002011-09-05T09:31:51.147-04:00Charlie Rose,
The US QEX hawks have an inescapabl...Charlie Rose,<br /><br />The US QEX hawks have an inescapable propensity to predict QE ahead of every Fed meeting and speech (which conveniently is <i>exactly</i> what Bernanke & Co. would prefer), while some of us prefer to make informed guesses about the likelihood that it will actually occur in any given timeframe. So the next date is Sept. 21, and a lot can and will happen in the markets Ashvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-62475070827409094352011-09-05T09:30:12.130-04:002011-09-05T09:30:12.130-04:00President Rick Perry. The world belongs to beautif...President Rick Perry. The world belongs to beautiful people.<br /><br />He's got Hollywood A-lister written all over him. He's rugged like the Marlboro Man, and his voice matches his twinkle. It fits in the way that Bush didn't. Bush looked like a spoiled brat with a Texan Twang. Perry has that million dollar sand-blasted leading man jawline. He looks like he just rustled up some Blackbirdhttps://www.blogger.com/profile/12445855563784696741noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-15353291088549535892011-09-05T09:28:16.925-04:002011-09-05T09:28:16.925-04:00This comment has been removed by the author.Blackbirdhttps://www.blogger.com/profile/12445855563784696741noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-49994319593119637912011-09-05T09:20:07.089-04:002011-09-05T09:20:07.089-04:00The FED buy government bonds $600 billion QE2, i...The FED buy government bonds $600 billion QE2, inject into the banking system.<br />what the ECB is doing doesn't sound like a QEJackhttps://www.blogger.com/profile/15412294798193285237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-49917843110179825442011-09-05T09:09:22.889-04:002011-09-05T09:09:22.889-04:00re: the Constitution and the legal system
I could...re: the Constitution and the legal <i>system</i><br /><br />I couldn't have expressed the broader situation any better than SA did with his two posts. I don't value a system of federal laws first created by at least some "criminals" (if owning human slaves and/or supporting the institution of slavery does not meet our common sense definition of "criminal activity", Ashvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-54480476141974739732011-09-05T08:55:18.093-04:002011-09-05T08:55:18.093-04:00More evidence of coming QE
This morning the Itali...More evidence of coming QE<br /><br />This morning the Italian foreign minister said the ECB will continue buying Italian and Spanish debt to keep yields low. When the chips are down, the ECB always comes through.<br /><br />As Ambrose Pritchard pointed out in the Telegraph: The ECB could buy the entire $1.8 Trillion Italian debt market. It's all a matter of focus and commitment.Blackbirdhttps://www.blogger.com/profile/12445855563784696741noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-35702033886475511292011-09-05T08:49:03.782-04:002011-09-05T08:49:03.782-04:00Isn't the ECB doing QE right now?
The ECB is ...Isn't the ECB doing QE right now?<br /><br />The ECB is buying Italian and Spanish debt in the secondary market.<br /><br />Isn't that a form of QE ? <br /><br />Or, is it only QE if the central bank buys the debt in the primary market, on the day of an actual government security auction?<br /><br />Is there a distinction between buying pre-existing debt on the secondary market and Blackbirdhttps://www.blogger.com/profile/12445855563784696741noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-6335968937531672022011-09-05T08:48:37.071-04:002011-09-05T08:48:37.071-04:00Hi CharlieRose
You are right about that.
But the...Hi CharlieRose <br />You are right about that.<br />But the art of guessing these things is not perfect but at least she is on the right track.<br />Whether we a new QE doesn't change things it will just prolong the waiting period.Jackhttps://www.blogger.com/profile/15412294798193285237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-12629487586269981762011-09-05T08:39:04.891-04:002011-09-05T08:39:04.891-04:00Stoneleigh and QE:
In the comments section on Au...Stoneleigh and QE:<br /><br /> In the comments section on August 29th, Stoneleigh said there would be No more QE. Do you still stand by that, or are you reconsidering? It seems quite clear to me that a massive wave of QE is coming.<br /><br />AUGUST 29, 2011 12:51 PM<br />Stoneleigh said...<br /><br />There is no genuine printing. It's all a smoke and mirrors game designed to reignite Blackbirdhttps://www.blogger.com/profile/12445855563784696741noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-21333466526632185422011-09-05T08:26:29.473-04:002011-09-05T08:26:29.473-04:00Blogger CharlieRose said...
My prediction (not...Blogger CharlieRose said...<br /><br /><i> My prediction (not an endorsement): Global QE is near.<br /><br /> G7 meets next weekend. Expect an announcement before markets open on September 12th. Bank of Japan, People's bank of China, Bank of England, and Fed -- all of them holding hands in a coordinated global burst of liquidity.</i><br /><br />Libertarian utopia just around the corner.ogardenerhttps://www.blogger.com/profile/16062788838505530416noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-13450085510233704212011-09-05T08:18:08.323-04:002011-09-05T08:18:08.323-04:00My prediction (not an endorsement): Global QE is ...My prediction (not an endorsement): Global QE is near. <br /><br />G7 meets next weekend. Expect an announcement before markets open on September 12th. Bank of Japan, People's bank of China, Bank of England, and Fed -- all of them holding hands in a coordinated global burst of liquidity. <br /><br />The ECB will lower rates and commit to secondary market debt for sustained periods. It Blackbirdhttps://www.blogger.com/profile/12445855563784696741noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-85403741257039840222011-09-05T08:11:58.328-04:002011-09-05T08:11:58.328-04:00SecularAnimist,
I like your "good plan."...SecularAnimist,<br /><br />I like your "good plan."<br /><br />But--as Tip O'Neil is reputed to have said--all politics is local. I would refine that by adding that politics is also of the <i><b>locale.</b></i><br /><br />Every one of your strategic goals range in scope from the local to the global. Where am I going to pursue these strategies, however? In my locale, of course. <bosuncookiehttps://www.blogger.com/profile/07560613908076783621noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-74150461679377611362011-09-05T05:24:03.892-04:002011-09-05T05:24:03.892-04:00@Ka,
Let me clarify.
One effective way, en masse...@Ka,<br /><br />Let me clarify.<br /><br />One effective way, en masse, to fight the system is to systematically defund it. One defunds it (fights it) by removing oneself from the system of funding it.<br /><br />This was the point I was making that you initially criticized.<br /><br />Now it appears you agree with that point.<br /><br />Either that or we are completely talking past each other.<Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-90144852751710856122011-09-05T03:39:51.046-04:002011-09-05T03:39:51.046-04:00@skilo,
1. That's rich because the ideas I ex...@skilo,<br /><br /><i>1. That's rich because the ideas I expressed when I said we must do something (to which you criticized) were about getting out of the system.<br /><br />2. How did "getting out" work in Russia? Germany? China? North Korea?</i><br /><br />Umm, which is it? In point (1) you seem to be saying one should flee the system (agreeing with me), while in point (2) (and Kahttps://www.blogger.com/profile/05667147292403648981noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-27826547916670488402011-09-05T02:49:29.048-04:002011-09-05T02:49:29.048-04:00Skilo,
Bemoaning public apathy is pointless. It&...Skilo,<br /><br />Bemoaning public apathy is pointless. It's like feeling satisfied when you recycle some aluminum cans: It makes absolutely no difference.<br /><br />Apathy will disappear the as pensions vanish and social security/medicare are cut to the bone. That's coming soon. Apathy is fed by comfort, and there's no food left in the pantry.Blackbirdhttps://www.blogger.com/profile/12445855563784696741noreply@blogger.com