tag:blogger.com,1999:blog-4921988708619968880.post1527138688704408248..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: June 1 2009: The debt-shedding metamorphosisIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger29125tag:blogger.com,1999:blog-4921988708619968880.post-61105261846912756022009-06-02T09:59:03.841-04:002009-06-02T09:59:03.841-04:00One of the many reasons I really enjoy TAE is that...One of the many reasons I really enjoy TAE is that you don't have to take the hosts word for their opinions, just read the articles. It's very difficult to dispute the conclusions when the logic is posted in multiple sources, gleaned from all over the world. At some other financial sites, conclusions are stated without (or with insufficient) underlying proofs. Sorry, didn't mean to gush...Chaoshttps://www.blogger.com/profile/14511045883879753073noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-26707868103627000912009-06-01T22:10:04.509-04:002009-06-01T22:10:04.509-04:00This comment has been removed by the author.skinsbhttps://www.blogger.com/profile/13016370669565407278noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-89311105536388889672009-06-01T22:09:13.828-04:002009-06-01T22:09:13.828-04:00Alright, have to ask as we're meeting with a n...Alright, have to ask as we're meeting with a new Investment Advisor end of June. Are we really talking TSHTF maybe this fall as many suggest? Preliminary meeting with Planner/Advisor suggests their mindset is we'll recover as we always do. I disagree and have verbalized that. <br /><br />And from what I've read here GIC's cannot be presumed safe, correct?skinsbhttps://www.blogger.com/profile/13016370669565407278noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-83802667965687161132009-06-01T22:04:02.307-04:002009-06-01T22:04:02.307-04:00New post up
Persephone, your link is brokenNew post up<br /><br /><br />Persephone, your link is brokenIlargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-61250769207549480292009-06-01T21:41:59.799-04:002009-06-01T21:41:59.799-04:00Bank of America robs the Elderly<a href="Bank%20of%20America%20wins%20in%20$1%20billion-plus%20Calif%20lawsuit" rel="nofollow">Bank of America robs the Elderly </a>Persephonehttps://www.blogger.com/profile/16990525279110502147noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-17108058633736405252009-06-01T21:37:03.154-04:002009-06-01T21:37:03.154-04:00Re: Krugman's column
I really have to agree t...Re: Krugman's column<br /><br />I really have to agree that his vision is clouded here...no mention of repeal of Glass-Steagall? Wasn't that pouring gasoline on the fire (yeah, I know, it was a fait accompli, but still)? It doesn't fit his Dem worldview, so I guess it didn't contribute to the economic blowout.Chaoshttps://www.blogger.com/profile/14511045883879753073noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-24677168388492728182009-06-01T21:09:08.073-04:002009-06-01T21:09:08.073-04:00I still have a deep distrust of all the banks..the...I still have a deep distrust of all the banks..they need a complete upper management lobotomy,to ensure the next in line "understand"... ...Which appears will not happen.so the problem will not be fixed.So we will still have thieves and scoundrels running the show.<br /><br />Oh, that we would be smart enough to take Mike Moores idea and run with it..turn GM green in a war style effort Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-17618610605709778932009-06-01T21:03:31.632-04:002009-06-01T21:03:31.632-04:00VK, you wrote of the thousands of people who read ...VK, you wrote of the thousands of people who read blogs,who get the picture so to speak yet the herd rules. Your thoughts touch on my recent thoughts that a small percentage of the population read any financial news, in fact, read anything at all. <br />What percentage of the population have any investments of any kind. If not invested one is less likely to pay attention to macroeconomic events.Iscandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-39417900046475141842009-06-01T21:00:05.982-04:002009-06-01T21:00:05.982-04:00No Rain - No Rainbows.No Rain - No Rainbows.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-79268908926756177662009-06-01T20:47:16.820-04:002009-06-01T20:47:16.820-04:00"he must have meant he took off the valve cov..."he must have meant he took off the valve cover, as the Jag V12 had overhead cams."<br /><br />Sorry about that, it was the valve covers.<br /><br />Wow, you know your cars!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-84764518425010473112009-06-01T20:47:05.990-04:002009-06-01T20:47:05.990-04:00Stoneleigh and Greenpa - It is indeed sad that we ...Stoneleigh and Greenpa - It is indeed sad that we all have loved ones who believe and trust in the propaganda and cannot/will not see the train wreck coming even though there have been many whistle warnings. I feel fortunate to have found The Automatic Earth, and have listened and followed thru on many survival tips. Thanks, and I do send periodic donations in appreciation.bluebirdhttps://www.blogger.com/profile/09600634086150466162noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-3992404762704274902009-06-01T20:06:31.166-04:002009-06-01T20:06:31.166-04:00Bluebird; "I'm still trying to find somet...Bluebird; "I'm still trying to find something to convince family to get out of the markets now. "<br /><br />my sympathies. I have multiple family members who will lose nearly everything soon.<br /><br />In my opinion, this is a fight you cannot win. What I would do (what I DO do) is tell them- clearly- once- what your opinion is. Tell them you're acting on it. Be prepared Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-84393498636306939642009-06-01T20:06:22.459-04:002009-06-01T20:06:22.459-04:00Bluebird,
I would expect any problem with trading...Bluebird,<br /><br />I would expect any problem with trading to be equally traumatic for people with an without financial advisors, as no one would be able to trade. The electronic exchanges would simply be overwhelmed by volume, and markets may be suspended, perhaps for days at a time. The kind of fear that can build up during a suspension like that is significant, and that tends to lead to pentStoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-20693990250999664492009-06-01T19:56:27.601-04:002009-06-01T19:56:27.601-04:00Stoneleigh, In the previous posting, you mentioned...Stoneleigh, In the previous posting, you mentioned that there could be a period when trading will not be possible. So for people who rely on their financial advisers to make the trades, this could be especially traumatic to not be able to redeem mutual funds of stocks and bonds. <br /> <br />Do you also think when trading is halted, that Treasury mutual funds would temporarily be 'frozen'bluebirdhttps://www.blogger.com/profile/09600634086150466162noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-87117192089415504822009-06-01T19:17:39.330-04:002009-06-01T19:17:39.330-04:00"Nobody likes anybody very much."
Merry Minuet, ..."Nobody likes anybody very much." <br /><br /><A HREF="http://www.youtube.com/watch?v=qhaDtSBmIrI" REL="nofollow">Merry Minuet</A>, Kingston Trio.<br /><br /><A HREF="http://www.youtube.com/watch?v=oVUR174d2Hw" REL="nofollow"><br />Reluctant Poseidon Hamster</A>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-33131960191288951882009-06-01T19:16:13.894-04:002009-06-01T19:16:13.894-04:00Over the past 50 years i have had severe mechanica...Over the past 50 years i have had severe mechanical problems with a Rover 2000, a Mercedes 230 and an Audi 100. I have had excellent luck with US cars -except that I wrecked my lovely Chevrolet Caprice. Thus far my current Mercury Marquis has been trouble free for 100,000 miles. ----------------------------------------------------------------<br />Did anyone see the CEO of the Royal Bank of winifredhttps://www.blogger.com/profile/14400719054292130380noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-80928445612003626712009-06-01T19:07:24.528-04:002009-06-01T19:07:24.528-04:00VK,
"I just can't fathom who on earth is buying a...VK,<br /><br />"I just can't fathom who on earth is buying and why?"<br /><br />I think the answer can be found by examining the following quote by Upton Sinclair: "It is hard to make a man understand something when his salary depends on him not understanding it."<br /><br />In other words, if the general populace understood what the writers and posters here understand -they lose everything. Fuserhttps://www.blogger.com/profile/14727608356701069843noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-20430097572044278812009-06-01T18:59:22.022-04:002009-06-01T18:59:22.022-04:00anon 6:13 - he must have meant he took off the val...anon 6:13 - he must have meant he took off the valve cover, as the Jag V12 had overhead cams.Dr Jnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-22528281637706584832009-06-01T18:58:22.537-04:002009-06-01T18:58:22.537-04:00Ah, sabotage. Nor is it confined to the auto indu...Ah, sabotage. Nor is it confined to the auto industry. From my own world- a major tree planting program finally sent out an investigator to find out why so very few of the trees they were planting in Eritrea survived.<br /><br />They were being planted upside down. Quite knowledgeably. First, there was indeed the "fcuk you" message; secondly, the pay was good- why would you want them to live?Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-9456096515747190292009-06-01T18:31:07.037-04:002009-06-01T18:31:07.037-04:00Gerald Celente The bailout bubble The Mother of al...<A HREF="http://www.youtube.com/watch?v=VVwVjfC2KAQ&eurl=http%3A%2F%2Fwww.doomers.us%2Fforum2%2Findex.php%3FPHPSESSID%3D6195c1e6e9b55372951d65ee768939bc%26topic%3D46711.0&feature=player_embedded" REL="nofollow">Gerald Celente The bailout bubble The Mother of all bubbles 27 May 09</A> youtubeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-90692889587444202852009-06-01T18:13:04.663-04:002009-06-01T18:13:04.663-04:00Sabotage on the assemble line is not confined to G...Sabotage on the assemble line is not confined to GM.<br /><br />In the early 70's, a mechanic friend was working on a Jaguar with a V-12, a distributor at each end of the block.<br /><br />The distributors not only had to be turned and set properly for their 6 cylinders but also timed to the other distributors 6 cylinders.<br /><br />He'd done enough of them to fix just about any timing related Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-45807554696041716762009-06-01T18:09:54.010-04:002009-06-01T18:09:54.010-04:00I just don't get this herding psychology! I mean, ...I just don't get this herding psychology! I mean, there are probably thousands of people or more who go through various economics blogs daily and learn what's happening.<br /><br />Any site I go to, marketwatch, TAE, Daily Reckoning, Option Armageddon, Zero Hedge, Mish etc are full of bearish comments. The bears vaaaaastly out number the bulls in the comments section. Everyone has some idea that VKnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-61941487700176765352009-06-01T17:30:04.665-04:002009-06-01T17:30:04.665-04:00@ Greenpa
It's beyond absurd. The Onion's staff w...@ Greenpa<br /><br />It's beyond absurd. The Onion's staff would have a harder time coming up with more ridiculous parodies. In fact, I bet you could run one of the Onion's business stories on CNNMoney and no one would know the difference. (Like the "Pushpin Industry Thriving In Recession" story)ric2https://www.blogger.com/profile/16024736044583806876noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-52039762129457085492009-06-01T17:20:26.547-04:002009-06-01T17:20:26.547-04:00Another one for the green shoot and shoot the gree...Another one for the green shoot and shoot the green shoot parade, this time concerning UK house prices.<br /><br />Headlines<br /><br />- UK Hometrack House Prices Stopped Falling in May<br /><br />- House prices continue decline, says Land Registry<br /><br />- House prices in UK stabilize after 20 months of decline<br /><br />- House prices rise for second time in three months<br /><br />- UK VKnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-91229168313550961552009-06-01T17:12:10.912-04:002009-06-01T17:12:10.912-04:00golem - the sabotage seems to have continued beyon...golem - the sabotage seems to have continued beyond the 50's. In the mid-80's, when I was a resident, I drove a low mileage 72 Malibu 350 ragtop. I had difficulty keeping the timing adjusted. One fine Sunday morning, it mysteriously died. I coasted into a parking lot and proceeded to tear it apart. Turned out that the timing chain had jumped a sprocket. Amazingly, a bolt was missing from the Dr Jnoreply@blogger.com