tag:blogger.com,1999:blog-4921988708619968880.post6937672021434433063..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: May 17 2009: It's time to payIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger44125tag:blogger.com,1999:blog-4921988708619968880.post-76908963033379408332009-05-19T03:55:00.000-04:002009-05-19T03:55:00.000-04:00Anon at 1:02pm
"cities of that size will have a v...Anon at 1:02pm<br /><br /><I>"cities of that size will have a very hard time when crises hit..."</I>From <A HREF="http://www.imdb.com/title/tt0094336/" REL="nofollow">Withnail and I</A>:<br /><br /><I>"I loathe those Russian plays. Always full of women staring out of windows, whining about ducks going to Moscow."</I>APCnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-75865026789372147672009-05-18T17:40:00.000-04:002009-05-18T17:40:00.000-04:00Anon @ 1:42PM Wrote:
"Carpenters, plumbers and ele...Anon @ 1:42PM Wrote:<br />"Carpenters, plumbers and electricians as well as other tradesmen will always provide viable services to communities. Of course, farming acumen will be on the top of any survival list. The white collar worker might not fare so well. Certain medical types will shine like gold"<br /><br />Carpentets, Plumbers, etc will be worthless come a collapse. With No electricity, Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-6785854681576210122009-05-18T15:27:00.000-04:002009-05-18T15:27:00.000-04:00Anon 12:51pm
Yes happy times are here again. Eve...Anon 12:51pm<br /><br />Yes happy times are here again. Ever occur to you that the Libor is way down because the central banks and treasuries are underwriting the loans? Totally artificial.<br /><br />Instead of preaching to us doomsters, you should be leveraging long on financial equities. Give it all you have and more.<br /><br />BTW, with the exception of Starcade who is a story unto el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-12838425241562463392009-05-18T15:03:00.000-04:002009-05-18T15:03:00.000-04:00Weaseldog said:
"Florida seems to suffer from a c...<I>Weaseldog said:<br /><br />"Florida seems to suffer from a confluence of factors, from the sugar industry diverting water, to the destruction of wetlands... And finally, all of the added pavement and drainage.<br /><br />Florida once had plenty of water because it was swamp. Drain the swamp and the water goes away. Cover it in concrete and the temperature rises. Higher mid day temps mean no Ahimsanoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-91430848075865031912009-05-18T14:54:00.000-04:002009-05-18T14:54:00.000-04:00@Stonleigh:
your place sounds great... i wish th...@Stonleigh:<br /><br />your place sounds great... i wish that the US had the same attitude towards medicine and education and transportation as our northern neighbors...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-56777407031863742672009-05-18T14:42:00.000-04:002009-05-18T14:42:00.000-04:00el gallinazoNice to see you are not gormless in yo...el gallinazo<BR><BR>Nice to see you are not gormless in your comments , possibly off the mark, but that's okay, gives a talking point. I am afraid that my view and position leave me in the cleft stick of 'hope' and 'remorse'. Remorse, as my occupation and joy is very very tied to things working out and going on and on the way they were. Hope, only in that the end will be with a bang and not a Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-43216378476296131472009-05-18T14:35:00.000-04:002009-05-18T14:35:00.000-04:00Anon @1:02,
i suppose we have different ideas abo...Anon @1:02,<br /><br /><I>i suppose we have different ideas about what makes a place rural... i consider myself to be rural-- we are 2.5 hours from a metro area of 500,000...</I><BR><BR>Your place is more rural than mine. I wouldn't want to be too remote.<br /><br /><I>you send your kids to the city for school... maybe by definition this would be considered rural--- or maybe you just live in a 'Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-5977542486694203272009-05-18T14:09:00.000-04:002009-05-18T14:09:00.000-04:00I have inlaws in Florida and have been out there n...I have inlaws in Florida and have been out there now and then over the years.<br /><br />At one time, the everglades and a lake were on fire. My bother inlaw waxed on and on about how fire was part of the natural order of things. <br /><br />He talked about pine forests needing fire to open the pine cones and release the seeds.<br /><br />Everyone agreed that he was very wise...<br /><br />ExceptWeaseldoghttps://www.blogger.com/profile/12657976442272800800noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-40875209040874071482009-05-18T14:08:00.000-04:002009-05-18T14:08:00.000-04:00It drives me crazy to see Paulson portrayed as any...It drives me crazy to see Paulson portrayed as anything except a gold-plated bucaneer,or a corpration hack...He is not good people.As was said before...you do not get where he is by being "nice".<br /><br /> That he went into the treasury dept"With his hair on fire"bespeaks of prior knowledge that the essentialy "criminal" activity that had taken place at the higest levels of world finance had Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-20109725253111165882009-05-18T13:39:00.000-04:002009-05-18T13:39:00.000-04:00Anon 12:51pm
Yes happy times are here again. Eve...Anon 12:51pm<br /><br />Yes happy times are here again. Ever occur to you that the Libor is way down because the central banks and treasuries are underwriting the loans? Totally artificial.<br /><br />Instead of preaching to us doomsters, you should be leveraging long on financial equities. Give it all you have and more.<br /><br />BTW, with the exception of Starcade who is a story unto el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-33507982835861290212009-05-18T13:26:00.000-04:002009-05-18T13:26:00.000-04:00@Anon 10:06 pm
one reason we will leave is shoddy ...@Anon 10:06 pm<br /><I>one reason we will leave is shoddy education-- which permeates the local community--- we homeschool now simply because the science teacher at the local high school does not believe in dinosaurs... this sort of backwards/religious undertone in almost all aspects of rural life is a bit too much for me as life is too short to be spending time worrying if i am offending someonememphisnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-42982668268359457042009-05-18T13:22:00.000-04:002009-05-18T13:22:00.000-04:00@Ahimsa
I was born in Miami and grew up there and ...@Ahimsa<br />I was born in Miami and grew up there and I know what you mean about the afternoon showers in the rainy season (hurricane season). You could almost set your watch by them, every day at 3pm!<br /><br />I think that what is happening in So Fla is tragic. It was once such a beautiful place.<br /><br />cheers,<br />JohnJohn Hemingwayhttps://www.blogger.com/profile/06835706404432796187noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-14380785277050074482009-05-18T13:18:00.000-04:002009-05-18T13:18:00.000-04:00So I guess being in a region where I live with abo...So I guess being in a region where I live with about 10 Million people within 25 miles is a bad thing...<br /><br />:)<br /><br />nice knowing you all...Mikehttps://www.blogger.com/profile/05716828239924827486noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-40177922315838903852009-05-18T13:02:00.000-04:002009-05-18T13:02:00.000-04:00@Stoneleigh:
i suppose we have different ideas ab...@Stoneleigh:<br /><br />i suppose we have different ideas about what makes a place rural... i consider myself to be rural-- we are 2.5 hours from a metro area of 500,000... <br /><br />you send your kids to the city for school... maybe by definition this would be considered rural--- or maybe you just live in a 'rural setting' as opposed to an urban setting... but if you are that close to a Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-29038409396320698562009-05-18T12:51:00.000-04:002009-05-18T12:51:00.000-04:00Three Month Dollar LIBOR Falls to 79 basis points ...Three Month Dollar LIBOR Falls to 79 basis points ... <A HREF="http://www.calculatedriskblog.com/" REL="nofollow"> Calcujlted Risk</A><BR><BR><I>"Meanwhile the TED spread has decreased further over the last week, and is now at 61.97. This is the difference between the interbank rate for three month loans and the three month Treasury. The peak was 463 on Oct 10th and a normal spread is around 50 Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-8313127262403389532009-05-18T12:31:00.000-04:002009-05-18T12:31:00.000-04:00Steve Keen’s Debtwatch, ... some interesting depre...<A HREF="http://www.debtdeflation.com/blogs/2009/05/04/debtwatch-no-34-the-confidence-trick/" REL="nofollow"> Steve Keen’s Debtwatch</A>, ... some interesting depression related graphsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-36880597388902959212009-05-18T11:57:00.000-04:002009-05-18T11:57:00.000-04:00Next, Karl Denninger, needs to include the operati...Next, Karl Denninger, needs to include the operating cost in his example. <br />1. Little thing like operating within the spread. (Borrow at 0% and lend at 6%).<br />2. Long term effect of compound interest.<br /><br />jaljalhttps://www.blogger.com/profile/16969819389823705458noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-26099066025868969492009-05-18T11:05:00.000-04:002009-05-18T11:05:00.000-04:00an act of fraud
“The claim has been made that AIG...an act of fraud<br /><br />“The claim has been made that AIG, for example, fell outside of the federal regulatory<br />apparatus and thus their near-failure and the more than $170 billion “given” to rescue<br />them was both inevitable and unforeseeable, absent major regulatory changes. This claim<br />is categorically false. The systemic risk does not come from AIG, it comes from their<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-92175204112615794942009-05-18T11:04:00.000-04:002009-05-18T11:04:00.000-04:00I think we'll face many challenges in the future, ...I think we'll face many challenges in the future, whether one lives in a hot climate region or a cold northern region. Catastrophic climate change will bring extremes of temperatures -- heat and/or cold -- to all regions, as well as periods of drought and then possibly floods.<br /><br />I live in inland South Florida and the heat here from May to November has become unbearable without air Ahimsanoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-83760980026172636542009-05-18T09:19:00.000-04:002009-05-18T09:19:00.000-04:00Mr. Vulture,
“CDS derivatives would have been reg...Mr. Vulture,<br /><br />“CDS derivatives would have been regarded as valueless overnight resulting in the instant disappearance of the vast bulk of the world's money/credit supply. Comments?”<br /><br />Starting with the f***s that got the money, including the stalwart Goldman Sachs. Tell me again why no law restrains finance artists?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-36109510255275548362009-05-18T08:47:00.000-04:002009-05-18T08:47:00.000-04:00Karl Denninger's been working hard this weekend, a...Karl Denninger's been working hard this weekend, and it shows...his latest is a nice summary of his position.Chaoshttps://www.blogger.com/profile/14511045883879753073noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-58660650246330989302009-05-18T08:43:00.000-04:002009-05-18T08:43:00.000-04:00Of course the grab for arctic (water covered) land...Of course the grab for arctic (water covered) lands is a direct result of the global warming (hoax). Without the disappearance of the arctic ice sheets, the oil underneath would be technically unexploitable. Now we can reach the oil so we can further accelerate global warming. Warms your heart.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-14675790787492136202009-05-18T08:33:00.000-04:002009-05-18T08:33:00.000-04:00P.S.
It also just occurred to me that Hankenstein...P.S.<br /><br />It also just occurred to me that Hankenstein's bailout of AIG was not only designed to transfer taxpayer money to the investment banks. Without the transfer, after the Lehman bankruptcy, AIG's CDS's would have paid off zero cents on the dollar instead of 100%. CDS derivatives would have been regarded as valueless overnight resulting in the instant disappearance of the vast bulkel gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-6491921292957752902009-05-18T08:18:00.000-04:002009-05-18T08:18:00.000-04:00Re The Exuberance Glut Or The Dollar-Euro Short Sq...Re The Exuberance Glut Or The Dollar-Euro Short Squeeze Race <br /><br />Great article from Zero Hedge. I went to the original to blow up one of the graphs and wound up reading many of the comments. Jeez, their readership has a lot of technical knowledge in matters such as money / credit supply. Stuff I am still trying to get a handle on. Very productive debates and dialogues.<br /><br />el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-32284615567499968472009-05-18T08:15:00.000-04:002009-05-18T08:15:00.000-04:00Bukko,
Stoneleigh, no doubt you know that one of ...Bukko,<br /><br /><I>Stoneleigh, no doubt you know that one of the reasons Finnmark is liveable at all is because of the North Atlantic conveyor current which brings warm Gulf Stream water up to the Arctic Circle.</I> <br /><BR><BR>So I said ;)<br /><br /><I>If Al Gore and the warming globalists are even half right, and the thermohaline circulatory system collapses when the North Polar ice cap Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.com