tag:blogger.com,1999:blog-4921988708619968880.post470560611479121239..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: January 7 2009: The name is Bonds. Obama Bonds.Ilargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger80125tag:blogger.com,1999:blog-4921988708619968880.post-45328469325292039572009-03-29T23:10:00.000-04:002009-03-29T23:10:00.000-04:00Speaking of Barack Obama: LONG LIVE PRESIDENT BARA...Speaking of Barack Obama: <BR/><BR/>LONG LIVE PRESIDENT BARACK OBAMA!<BR/> <BR/>Barack Obama is a racial-minority individual and does not like racism:<BR/> <BR/>There is bad news.<BR/><BR/>I know it may be hard to believe.<BR/> <BR/>However, it is absolutely true that Ronald Wilson Reagan committed horrible, racist, hate crimes during his presidency.<BR/> <BR/>A lot of people know about Reagan’sAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-30823808766309221312009-01-08T22:54:00.000-05:002009-01-08T22:54:00.000-05:00Clinton never produced a budget surplus. The noti...Clinton never produced a budget surplus. The notion that Clinton left Bush with a surplus is a myth. What Clinton did was to expand military spending and cut social spending. He used the Social Security trust fund to give the <I>impression</I> of a surplus.<BR/><BR/>What many people are unaware of is that as a TRUST FUND, Social Security BY LAW is not part of the government's budget. It was Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-14083856021537236682009-01-08T17:32:00.000-05:002009-01-08T17:32:00.000-05:00@ Gravity re Micro-economicsI don't know micro lik...@ Gravity re Micro-economics<BR/><BR/>I don't know micro like I do macro, but you clearly do. Those are enlightening mechanisms that you point out. I especially liked this one:<BR/><BR/><B><I>I believe that the velocity of money is now at a critically low level, so that when shops offer 70% discount instead of 50%,<BR/>it does not make a difference in the level of money spent, the customers just Unknownhttps://www.blogger.com/profile/05566576093147377818noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-13325348141011158722009-01-08T14:24:00.000-05:002009-01-08T14:24:00.000-05:00Pluto, as Clint Eastwood said in 'The Unforgiven',...Pluto, as Clint Eastwood said in 'The Unforgiven', "Deserve's got nothing to do with it."<BR/><BR/>The thieves who set this up are being richly rewarded. Those of us that were against every measure taken, are losing our country.<BR/><BR/>This isn't about deserving anything. It's about criminals getting away with the loot and never getting investigated, charged or sentence.<BR/><BR/>It's about howWeaseldoghttps://www.blogger.com/profile/12657976442272800800noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-55981831320913152952009-01-08T13:37:00.000-05:002009-01-08T13:37:00.000-05:00@Anonymous 12:11PMYou responded to my rant with:Yo...@Anonymous 12:11PM<BR/><BR/>You responded to my rant with:<BR/><BR/><I>You seem to be advocating the asset protection of middle class status quo (before the collapse) on one hand, while discounting the the outlandish prices that prevents so many others from entering the realms of home affordable/ownership on the other--protect home assets here, and thus prevent affordable there.</I><BR/><BR/>I Unknownhttps://www.blogger.com/profile/05566576093147377818noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-17218656824733470582009-01-08T13:19:00.000-05:002009-01-08T13:19:00.000-05:00I have some micro-economicquestions regarding reta...I have some micro-economic<BR/>questions regarding retail and deflation.<BR/><BR/>In one respect, Ilargi correctly predicted how I would percieve my town at christmas, something strange and unusual, deflation.<BR/><BR/>Also, the official Dutch inflation rate is still 1,65%, but there are very clear signs of deflation here,<BR/>since almost every shop is now desperately discounting everything to Gravityhttps://www.blogger.com/profile/09126443076478406015noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-44941337387204302112009-01-08T12:48:00.000-05:002009-01-08T12:48:00.000-05:00I think Obama's first priority is to insure that B...I think Obama's first priority is to insure that Bush be historically assigned the role of Hoover for the Greater Depression. He must dig the foundation for this future truism to root during the next two weeks.el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-8773523298479436462009-01-08T12:42:00.000-05:002009-01-08T12:42:00.000-05:00Obama is on NPR at this moment give the public the...Obama is on NPR at this moment give the public the Bad News in baby steps.<BR/><BR/>He is lacing the speech with sprinkles of gloom and doom on top on a Big Cream Puff.<BR/><BR/>Alternative Energy and Universal Health and cheap available college loans and mortgages.<BR/><BR/>Yikes, I hope he is just practicing for when he has to give some RBN (Really Bad News) in the near future.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-42009751469282369672009-01-08T12:40:00.000-05:002009-01-08T12:40:00.000-05:00Adios a Babilonia,"With those kind of malign force...Adios a Babilonia,<BR/><BR/>"With those kind of malign forces now governing all things fiscal - and hey, have the same parties who have refused investigation of an attack also not gobbled up the collective doings of Wall Street - well, how can we proceed with a "rational" or "scientific" analysis of markets? "<BR/><BR/>Stoneleigh constantly states that the markets are neither rational or el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-91657187731034327892009-01-08T12:38:00.000-05:002009-01-08T12:38:00.000-05:00I think the transcript is at Obama's page in the b...I think the transcript is at Obama's page in the blog<BR/>http://change.gov/newsroom/blog/<BR/>I going to read it.<BR/>jalAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-29278227545689923552009-01-08T12:31:00.000-05:002009-01-08T12:31:00.000-05:00Weaseldog,"But what happens when the biggest fish ...Weaseldog,<BR/><BR/>"But what happens when the biggest fish in the pond has eaten everything?"<BR/><BR/>It swallows itself tail first.el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-71440263348413825702009-01-08T12:29:00.001-05:002009-01-08T12:29:00.001-05:00Dr. J, I don't believe that everyone who has been ...Dr. J, I don't believe that everyone who has been or will be foreclosed on, was irresponsible.<BR/><BR/>Most are losing their homes because of the economic damage that Greenspan, Bernanke and Paulson spearheaded.<BR/><BR/>I'm of the opinion that there should have been no bailout. For that matter, the Fed shouldn't have intentionally blown a bubble in 2001, and let speculators, including banks, Weaseldoghttps://www.blogger.com/profile/12657976442272800800noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-29256342531844657992009-01-08T12:29:00.000-05:002009-01-08T12:29:00.000-05:00Stoneleigh @ 8:28 AM -Thank you for your clarity. ...Stoneleigh @ 8:28 AM -<BR/><BR/>Thank you for your clarity. Most amongst us have difficulty realizing and assimilating your statement:<BR/><BR/>"Except for a few of the super-rich, we will all share in the misery to come, and none of us can expect a bailout."<BR/><BR/>Many middle class Americans are delusionally waiting for an Obama bailout. Obama appears to be another insider. He won't stop US Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-72354398651679525432009-01-08T12:20:00.000-05:002009-01-08T12:20:00.000-05:00West Texas, I agree with you that oil/energy drive...West Texas, I agree with you that oil/energy drives our economics.<BR/><BR/>It drives everything. All of it. That's just basic science. Our economics education though, would have you believe that the stars shine bright because they have a high GDP.<BR/><BR/>Frank, Paulson has be seizing solvent banks under the authority of the FDIC and turning their assets over to larger troubled banks for a Weaseldoghttps://www.blogger.com/profile/12657976442272800800noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-62865850783902873362009-01-08T12:19:00.001-05:002009-01-08T12:19:00.001-05:00@ Pluto,Thanks for your rant. I think that you exp...@ Pluto,<BR/><BR/>Thanks for your rant. I think that you expressed things that I have been thinking but couldn't figure out how to communicate. Your rant plus Stoneleigh's response has helped me reach a new level of understanding about our future. Sometimes it takes hearing the same thing stated 100 different ways before you really get it.<BR/><BR/>Stoneleigh, I have a follow up question to you Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-31852872398131129722009-01-08T12:19:00.000-05:002009-01-08T12:19:00.000-05:00Well, I've completed another full cycle of grief, ...Well, I've completed another full cycle of grief, ending in acceptance. This is the fourth so far.<BR/><BR/>I always skip denial, and go right into negotiation and anger, <BR/>then despair.<BR/>This cycle was about the culture shock of losing western consumerism, not for myself, but for the structure of society. <BR/>I can see this happening in other people now (my second cycle resolved that Gravityhttps://www.blogger.com/profile/09126443076478406015noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-79430224480322448562009-01-08T12:17:00.000-05:002009-01-08T12:17:00.000-05:00Ontario,I was not insinuating fascism or any other...Ontario,<BR/><BR/>I was not insinuating fascism or any other ism on your part. And I am obnoxious and dumb enough that I rarely insinuate anything. I often do have logic - it just tends toward the satyric in a jugular vein. You suggested just printing the money and paying back the banks for their mortgages. If I were a banker wanker, this would be a very attractive proposal. In a deflation, el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-67211851018531179992009-01-08T12:11:00.000-05:002009-01-08T12:11:00.000-05:00Pluto writes: " That you believe that these destro...Pluto writes: <BR/><BR/>" That you believe that these destroyed lives -- currently living with family or sleeping in their cars and still holding down two jobs -- that these newly impoverished American families managed to bankrupt the Central Banks of nearly all the nations of the world? <BR/><BR/> "And, you would rather have your own lives and the future of the nation destroyed than put a floor Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-53801527522277017932009-01-08T11:41:00.000-05:002009-01-08T11:41:00.000-05:00Obama has just told the truth ...Can someone find ...<B>Obama has just told the truth</B> ...<BR/><BR/>Can someone find the transcript?<BR/>jalAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-50637495698318944782009-01-08T11:13:00.000-05:002009-01-08T11:13:00.000-05:00Some snippits of wisdom.Mugabe said ...Half the wo...Some snippits of wisdom.<BR/><BR/>Mugabe said ...<BR/>Half the world is nuts, and survival depends on guessing which half.<BR/>----<BR/>In a new model, the financial service provider ceases to be a middleman, or credit intermediary, and becomes a pure service provider. The fact is that in the Internet age there is <B>no need for credit intermediaries,</B> whether private banks or central banks.<Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-1247691784365901342009-01-08T09:52:00.000-05:002009-01-08T09:52:00.000-05:00D Benton Smith"Reminds me of the dying Tinkerbell ...D Benton Smith<BR/><BR/>"Reminds me of the dying Tinkerbell scene in 'Peter Pan', where the audience in unison vocalizes the words "I DO believe! I DO believe!"<BR/><BR/>Having betrayed my tinfoil POV, which touches on the veracity of all things national of elections, we fairly ignored the candidates until quite late. Someone sent us a video link of an Obama campaign speech (it was on his ***https://www.blogger.com/profile/09888364709448745997noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-60018358961498430172009-01-08T09:42:00.000-05:002009-01-08T09:42:00.000-05:00We want everything to be okay again SO BADLY that ...We want everything to be okay again SO BADLY that we will accept any scam, no matter how insanely preposterous, just to make it so.<BR/><BR/>Reminds me of the dying Tinkerbell scene in 'Peter Pan', where the audience in unison vocalizes the words "I DO believe! I DO believe!"<BR/><BR/>Obama intends to dump a trillion or so into the economy, and then another trillion, and then another. His only D. Benton Smithhttps://www.blogger.com/profile/09505763959328162067noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-69796755460821198222009-01-08T09:38:00.000-05:002009-01-08T09:38:00.000-05:00Stonleigh:Great comment. Unfortunately too late fo...Stonleigh:<BR/><BR/>Great comment. Unfortunately too late for me, I have a mortgage on my small farm. I think the market here in Ontario will be in free fall in the spring. I dropped the kids off at school this morning and there are three houses for sale right beside the school that were not there Monday. <BR/><BR/>I think the horse is out and it is too late to close the barn door.<BR/><BR/>I Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-85540325661145811962009-01-08T09:32:00.000-05:002009-01-08T09:32:00.000-05:00Thanks for posting the primers section. Great work...Thanks for posting the primers section. Great work!bluebirdhttps://www.blogger.com/profile/09600634086150466162noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-44789421481494270742009-01-08T09:26:00.000-05:002009-01-08T09:26:00.000-05:00"procede" not "proceed" - from learning Spanish, I..."procede" not "proceed" - from learning Spanish, I'm suffering language dementia, is my excuse (Russ Winter claims that too...)***https://www.blogger.com/profile/09888364709448745997noreply@blogger.com