tag:blogger.com,1999:blog-4921988708619968880.post3328068642697062261..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: January 14 2009: The People and the Damage DoneIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger83125tag:blogger.com,1999:blog-4921988708619968880.post-8989791763826670932009-03-11T08:12:00.000-04:002009-03-11T08:12:00.000-04:00"Next year the fiction will be dispelled that gove..."Next year the fiction will be dispelled that governments can stop debt deflation by means that do not either produce mass unemployment or horrific inflation. As they try and repeatedly fail to meet expectations the Period of False Hope and Uncertainty will give way to the Era of Total Despair, and then we will finally see a bottom. Lost and wandering the ideological landscape with all of the oldAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-5376543668061643632009-03-11T08:06:00.000-04:002009-03-11T08:06:00.000-04:00First recession then inflation? Who could have kno...First recession then inflation? Who could have known?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-80688470502693104632009-03-11T08:05:00.000-04:002009-03-11T08:05:00.000-04:00From Bloomberg:"Billionaire Warren Buffett sa...From Bloomberg:<BR/>"Billionaire Warren Buffett said the economy “has fallen off a cliff” and that efforts to stimulate recovery may lead to INFLATION higher than the 1970s."<BR/>http://www.bloomberg.com/apps/news?pid=20601081&sid=akYoIqUfMfYY&refer=australia<BR/>But what does he know, anyway?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-16639149215450699552009-01-16T15:51:00.000-05:002009-01-16T15:51:00.000-05:00Sorry Illargi, most of these posters are right, yo...Sorry Illargi, most of these posters are right, your absolutist and reductio ad absurdium arguments do not carry any weight. Brighter guys than you have already pulled the inflation vs. deflation argument apart.<BR/><BR/>Laughingriver hit it right on the head, "....we will go through a depression who's first phase will be deflationary and who's second, much longer phase will be Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-80274799537784546952009-01-16T15:45:00.000-05:002009-01-16T15:45:00.000-05:00"Inflation is, always and everywhere, a monetary p..."Inflation is, always and everywhere, a monetary phenomenon."<BR/><BR/>Sorry Illargi, but your understanding and arguments regarding inflation and deflation (and in your previous article "The Grief Cycle" you are just plain wrong. Pick up an introductory economics textbook sometime, published anytime between 1800 and the present day.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-4340990160844516112009-01-15T11:42:00.000-05:002009-01-15T11:42:00.000-05:00anon 1126"I'd be a lot more worried about living u...anon 1126<BR/><BR/><I>"I'd be a lot more worried about living under a War/Drug Lord than about the U.S. invading."</I><BR/><BR/>Excuse me, the drug lords are School of the Americas personnel. We HAVE been invaded.***https://www.blogger.com/profile/09888364709448745997noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-51077043381621874312009-01-15T11:40:00.000-05:002009-01-15T11:40:00.000-05:00snuffy,No kidding, in my unarmed way I'm having my...snuffy,<BR/><BR/>No kidding, in my unarmed way I'm having my own deeply patriotic moment about our new home/people. <BR/><BR/>Reading this insanely spun "notice" which puts Mexico on a par with Pakistan reminds me of that scene in the Godfather where the guy find's his horse's head in the bed. It is very menacing speech. <BR/><BR/>I can only hope that the world gets the straight story about ***https://www.blogger.com/profile/09888364709448745997noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-20302944898639093582009-01-15T11:26:00.000-05:002009-01-15T11:26:00.000-05:00@adios a babiloniaThis is simply a recognition tha...@adios a babilonia<BR/><BR/>This is simply a recognition that the scam known as the War On Drugs has failed. Nothing more, nothing less.<BR/><BR/>You might remember that Caulderon recognized the only viable solution and was all set to legalize some drugs last year, until Bush got wind of it at the last minute and bribed him?<BR/><BR/>This is simply an extension. And a recognition that there's a Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-24812315423102915672009-01-15T11:05:00.000-05:002009-01-15T11:05:00.000-05:00For those who want to know more, the company (Gamm...For those who want to know more, the company (Gammon) who operate the El Cubo mine actually held an IPO recently, remember those?<BR/><BR/><A HREF="http://www.metalsnews.com/news.aspx?NewsID=39985" REL="nofollow">the US company doing the major operation</A><BR/>more info <A HREF="http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=GRS:US&sid=a4qz9HPYY3Mc" REL="nofollow">here</A> ***https://www.blogger.com/profile/09888364709448745997noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-5008726590873093112009-01-15T10:37:00.000-05:002009-01-15T10:37:00.000-05:00As to the "successful"preps,scandia,too soon reali...As to the "successful"preps,scandia,too soon reality will be "load testing"my preps.We can discuss "success"after load test<BR/><BR/> Latest effort[yesterday/today]discuss with the local Indian tribe use of land on the res. for bees...we will see how this shakes out..<BR/><BR/> Who ever is the clown that is coming up with the "armed intervention "BS about Mexico has failed to note that Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-24083558837151096732009-01-15T10:08:00.000-05:002009-01-15T10:08:00.000-05:00Ilargi, Stoneleigh, anyone...“EL PASO - Mexico is ...Ilargi, Stoneleigh, anyone...<BR/><BR/><I>“EL PASO - Mexico is one of two countries that "bear consideration for a rapid and sudden collapse," according to a report by the U.S. Joint Forces Command on worldwide security threats.<BR/><BR/>The command's "Joint Operating Environment (JOE 2008)" report, which contains projections of global threats and potential next wars, puts Pakistan on the same ***https://www.blogger.com/profile/09888364709448745997noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-2088981929302890662009-01-15T09:07:00.000-05:002009-01-15T09:07:00.000-05:00Snuffy said "...Obama...pulls a BIG rabbit out of ...Snuffy said "...Obama...pulls a BIG rabbit out of the hat..." Ha! Now we have a new archetype for President- THE MAGICIAN!<BR/>Up here in Canada it is very politically incorrect to doubt Obama's ability to save/change the world. He has been chosen by the people with the endorsement of god. To express doubt is to somehow jinx the magic. And Cdns see Obama's upcoming visit as preferential, hope scandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-24039621113265387692009-01-15T08:46:00.000-05:002009-01-15T08:46:00.000-05:00About confidence and the view that business confid...About confidence and the view that business confidence is down...<BR/>It isn't business that inspires doubt and distrust it is the players, the leadership. Am I alone in perceiving our political leaders as bought and paid for agents of some unknown hand? Am I alone in perceiving the same foxes that gorged on the henhouse contents being promoted,applauded for their " efforts" to run the system scandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-33037356031793726452009-01-15T08:13:00.000-05:002009-01-15T08:13:00.000-05:00OK, I'm sorry, I've read all the comments and I st...OK, I'm sorry, I've read all the comments and I still don't get why you can't have inflation until you have economic recovery. Surely you get inflation when the money supply increases relative to the things people want to buy? So you could get inflation by holding the money supply constant and reducing the supply of, say, food?<BR/><BR/>So we've got asset deflation, and now we've got job lossesAldabrahttps://www.blogger.com/profile/05977584412304944371noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-2016555349644478312009-01-15T02:24:00.000-05:002009-01-15T02:24:00.000-05:00Rosner: Force Banks to Write-down Bad Debt Before ...<B>Rosner: Force Banks to Write-down Bad Debt Before They Get a Dime of TARP II</B><BR/><BR/>Hmmm... seems someone is channeling Denninger. I assume Illargi and Stoneleigh, too...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-60820652036493496842009-01-15T01:45:00.000-05:002009-01-15T01:45:00.000-05:00Thinking about the endless articles provided by ou...Thinking about the endless articles provided by our hosts,showing the rotted center of the corpse, has got me to try and think of some way it can all be made right...that like ol'billy boy clinton,some how,some way,Obama works some Pure F#@*% magic,pulls a BIG rabbit out of a hat....and succeeds in blowing up another bubble...say in the alternative energy ...A solar panel/windmill/nuke reactor inAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-31872010498244258512009-01-15T01:38:00.000-05:002009-01-15T01:38:00.000-05:00for our TimesIn Memory of Richard BrautiganALL WAT...for our Times<BR/><BR/>In Memory of Richard Brautigan<BR/><BR/><BR/>ALL WATCHED OVER BY MACHINES OF LOVING GRACE<BR/><BR/>I like to think (and<BR/>the sooner the better!)<BR/>of a cybernetic meadow<BR/>where mammals and computers<BR/>live together in mutually<BR/>programming harmony<BR/>like pure water<BR/>touching clear sky.<BR/><BR/>I like to think<BR/> (right now, please!)<BR/>of a Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-18507582500034037392009-01-15T01:06:00.000-05:002009-01-15T01:06:00.000-05:00Anon@12:26 AM"who will it be? the lender? or the b...Anon@12:26 AM<BR/>"who will it be? the lender? or the borrower?"<BR/><BR/>While one could get the lenders going again by opening their books, that's the same trickle-down economic thinking that is so pervasive on Wall Street, Washington, and unfortunately here at TAE.<BR/><BR/>Even if they start lending again, without well paying jobs, nothing is going to happen.<BR/><BR/>And you won't replace Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-33600660174461985472009-01-15T00:26:00.000-05:002009-01-15T00:26:00.000-05:00"Consumer spending, which accounts for more than t..."Consumer spending, which accounts for more than two-thirds of the economy, has virtually dried up since mid-September as the problems on Wall Street began to spread. With the uncertainty of jobs weighing on consumers, economists do not expect a turnaround anytime soon."<BR/><BR/>the people are not going to spend until they see the economy starting to get better. unless it's for something Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-26231416872706429642009-01-14T23:56:00.000-05:002009-01-14T23:56:00.000-05:00“One is struck by the similarities with the Saving...“One is struck by the similarities with the Savings and Loan scandal which was allowed to continue through the Reagan 1980s, long after it became apparent that deliberate bankruptcy was being used by unscrupulous profiteers to amass illegal fortunes at what was ultimately public expense.25 <BR/> <BR/>In the same way, the long drawn-out housing bubble of the current Bush decade, and particularly Bigelowhttps://www.blogger.com/profile/16883913065391637120noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-31591413186764954542009-01-14T23:35:00.000-05:002009-01-14T23:35:00.000-05:00ogardener:"Ain't Socialism grand?" Ain't dedicat...ogardener:"Ain't Socialism grand?"<BR/><BR/> Ain't dedication grand?<BR/><BR/> Givin' it for the team. The essence of American football, but not American commerce nor American street life.<BR/><BR/> What an oddity a culture is.The Lizardhttps://www.blogger.com/profile/12044779666881689690noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-18960709803255669592009-01-14T23:32:00.000-05:002009-01-14T23:32:00.000-05:00This comment has been removed by the author.Bigelowhttps://www.blogger.com/profile/16883913065391637120noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-52347332933149084172009-01-14T22:52:00.000-05:002009-01-14T22:52:00.000-05:00adios a babilonia speaks straight about Mexico.I h...adios a babilonia speaks straight about Mexico.<BR/>I have lived there and traveled all over. The <I>gente</I> take care of each other.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-7114738454655143812009-01-14T21:19:00.000-05:002009-01-14T21:19:00.000-05:00if mexico lindo is so wretched poor and worthless ...if mexico lindo is so wretched poor and worthless why do they keep spraying us wiitt;&&8***SSSSSSSSSSSSSH [sound of ducttape whipping off roll]***https://www.blogger.com/profile/09888364709448745997noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-33283084550597219742009-01-14T21:11:00.000-05:002009-01-14T21:11:00.000-05:00Anon of Florida said... "http://www.nytime...<B> Anon of Florida said...</B><BR/><BR/> <I>"http://www.nytimes.com/2009/01/14/us/politics/14geithner.html?_r=2&ref=us&pagewanted=all<BR/><BR/> Geithner Nomination derailment in 3, 2, 1...."</I><BR/><BR/>Oh great! More lawless leadership.ogardenerhttps://www.blogger.com/profile/16062788838505530416noreply@blogger.com