tag:blogger.com,1999:blog-4921988708619968880.post8564635468753602714..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: Debt Rattle, February 3 2008Ilargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger20125tag:blogger.com,1999:blog-4921988708619968880.post-9344838052724190472008-02-04T15:29:00.000-05:002008-02-04T15:29:00.000-05:00I keep thinking about that manufacturing statistic...I keep thinking about that manufacturing statistic too ...<BR/><BR/>Ilargi said "Not only has the US become a completely unproductive society when it comes to its own domestic needs, it has also lost the capacity, as well as the financial structure, to turn around and start taking care of itself. There is nothing left but the machinery of war."<BR/><BR/>Here is another way to spin it. <BR/><BR/>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-84686130730755669262008-02-04T12:06:00.000-05:002008-02-04T12:06:00.000-05:00This comment has been removed by the author.The Lizardhttps://www.blogger.com/profile/12044779666881689690noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-17317677239507582142008-02-04T00:36:00.000-05:002008-02-04T00:36:00.000-05:00Howdy CR.PS. Same methodology, opposite party.Howdy CR.<BR/><BR/><BR/><BR/>PS. Same methodology, opposite party.VLADhttps://www.blogger.com/profile/07303463697333210934noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-76449668614279487472008-02-03T22:37:00.000-05:002008-02-03T22:37:00.000-05:00ilargi it makes me think that if that is a dead c...ilargi it makes me think that if that is a dead certainty then the US is Dead in the water! A country that can not subdue Iraq or Afghanistan and let's not bring in the Hezbola that would be too embarrassing, is not a credible threat.<BR/><BR/>To fight a ground war of any real substance they need more than arms they would need to bring back the draft, how real is that? As far as going nuclearAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-8626301188341737252008-02-03T19:31:00.000-05:002008-02-03T19:31:00.000-05:00My department recently had an afternoon meeting wi...My department recently had an afternoon meeting with a couple of our company's VP's. Before Christmas, 40% of our first line managers were given packages, a quarter of our staff was re-assigned to another department and our director still has not been replaced. To the VPs' credit, they told us what was on the mind of the executive: ABCP (although he actually thought they might get it all back Farmerodhttps://www.blogger.com/profile/03492165772535123915noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-6098960313015327152008-02-03T19:00:00.000-05:002008-02-03T19:00:00.000-05:00ilargi thanks for the replyi dont believe the bush...ilargi thanks for the reply<BR/><BR/>i dont believe the bush/cheney regime was put in place to ruin the middle class or wreck america's economy for the benefit of the rich. that meme is quite popular on various poitical websites<BR/><BR/>the end of the cold war has resulted in the competition of all countries for the same limited amount of capital, markets and natural resources. the old rules of Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-69118336741131397442008-02-03T18:47:00.000-05:002008-02-03T18:47:00.000-05:00This is by Naomi Klein (The Shock Doctrine). I am ...This is by Naomi Klein (The Shock Doctrine). I am not sure if George Bush’s USA is the Israeli model or the reverse.<BR/><BR/>“Israel's economy isn't booming despite the political chaos that devours the headlines but because of it. This phase of development dates back to the mid-90s, when the country was in the vanguard of the information revolution - the most tech-dependent economy in the world.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-7958142137788882412008-02-03T18:32:00.000-05:002008-02-03T18:32:00.000-05:00The trouble here is moving from a war time economy...<I>The trouble here is moving from a war time economy in relatively peaceful times back to a consumer oriented one. Likely will take a bit of the Hard Times to do that but if the world can take it that is where i would expect the US to go.</I><BR/><BR/>CR, the US is preparing for war, not trying to get out of it. A country that has 83%, and more by now likely, tied up in its arms, in relatively Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-41347780709901935312008-02-03T18:29:00.000-05:002008-02-03T18:29:00.000-05:00Hey there! MusashiHey there! MusashiAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-1121408767360638142008-02-03T18:27:00.000-05:002008-02-03T18:27:00.000-05:00what if all of the financial manipulation that is ...<I>what if all of the financial manipulation that is now being decried was the only viable option to maintain the economies of the countries involved? </I><BR/><BR/>then it failed, obviously, hence it was not the only viable option<BR/><BR/><I>for example america's population is 300mil with 70% of gdp from consumer spending. how can the u.s continue its present standard of living under that Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-6329364689572226272008-02-03T18:26:00.000-05:002008-02-03T18:26:00.000-05:00At the risk if making Pollyanna utterances, in res...At the risk if making Pollyanna utterances, in response to this:<BR/><BR/>By 1990, the value of the weapons, equipment, and factories devoted to the Department of Defense was 83% of the value of all plants and equipment in American manufacturing.<BR/><BR/>I think the main resistance to joining the two world wars was from business feeling that money would be lost retooling for war, yet the once Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-7122288766341674772008-02-03T17:59:00.001-05:002008-02-03T17:59:00.001-05:00Bigelow,We ran the Chalmers Johnson piece when it ...Bigelow,<BR/><BR/>We ran the Chalmers Johnson piece when it came out, and I highlighted the exact same paragraph that you did. To be honest, I still have a very hard time wrapping my mind around that, and I think many more people should look at that for an hour or so, and try to figure out what that means for the American economy, its politics, and the future of both the country and its citizens.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-88276922076308339652008-02-03T17:59:00.000-05:002008-02-03T17:59:00.000-05:00a very imformative sitemy questions:what if all of...a very imformative site<BR/><BR/>my questions:<BR/><BR/>what if all of the financial manipulation that is now being decried was the only viable option to maintain the economies of the countries involved? <BR/><BR/>for example america's population is 300mil with 70% of gdp from consumer spending. how can the u.s continue its present standard of living under that circumstance?<BR/><BR/>i truly hopeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-68636421989066471962008-02-03T17:30:00.000-05:002008-02-03T17:30:00.000-05:00Perhaps the spending on military production confir...Perhaps the spending on military production confirms the lack of cost competitiveness at a given quality level.<BR/><BR/>It puts money into the hands of workers and the system in general like anything else would and can be operated on a cost plus basis behind the national security argument.<BR/><BR/>Right now the military is being mis used in the interest of third parties, but it might one day VLADhttps://www.blogger.com/profile/07303463697333210934noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-54757132748714378942008-02-03T16:46:00.000-05:002008-02-03T16:46:00.000-05:00I think the cost effectiveness of American labor w...I think the cost effectiveness of American labor was also destroyed by a government tax policy subsidizing corporate off-shoring and the effect of a “reserve currency” too. <BR/><BR/>What about adding government Military Keynesianism spending to that list? Chalmers Johnson wrote the following referring to 1990, almost two decades ago; can there be any other competitive American industry (and Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-55759471888968932362008-02-03T16:01:00.000-05:002008-02-03T16:01:00.000-05:00I thought the comment regarding the export of labo...I thought the comment regarding the export of labor to Chindia resulting in high oil prices was a valuable insight, because that is one of the main drivers of world demand.<BR/><BR/>Our politics are very different, but it is quite possible to be a environmentalist and true conservative.<BR/><BR/>The export of labor isn't necessarily based on cost, but on cost effectiveness.<BR/><BR/>The cost VLADhttps://www.blogger.com/profile/07303463697333210934noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-64252210013344075882008-02-03T15:06:00.000-05:002008-02-03T15:06:00.000-05:00Musashi,As is obvious by now, we down here see not...Musashi,<BR/><BR/>As is obvious by now, we down here see not even a remote possibility for inflation, so we agree with Karl on that one. But the ensuing blabber about drilling in the GOM? I don't feel like going back ten years and doing that all over again. Yeah, the liberals....Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-7488922336872499442008-02-03T13:54:00.000-05:002008-02-03T13:54:00.000-05:00Interesting discussion.<A HREF="http://www.tickerforum.org/cgi-ticker/akcs-www?post=27241" REL="nofollow"> Interesting discussion.</A>VLADhttps://www.blogger.com/profile/07303463697333210934noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-56541136752781555732008-02-03T13:04:00.000-05:002008-02-03T13:04:00.000-05:00The musical version. The exceptionalists that...<A HREF="http://www.youtube.com/watch?v=ApxnAr6pRt0" REL="nofollow">The musical version.</A><BR/><BR/> <BR/><BR/>The exceptionalists that control US and UK banking need to be lined up for the guillotine.<BR/><BR/>The IMF policies they forced on developing nations should also be used in the US and UK.<BR/><BR/>Now they want the kinder and gentler version? LOL. <BR/><BR/> VLADhttps://www.blogger.com/profile/07303463697333210934noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-44961660091751883482008-02-03T11:35:00.000-05:002008-02-03T11:35:00.000-05:00Great rattle - I always value the big picture pers...Great rattle - I always value the big picture perspective as the $hit is happening everywhere. Money keeps seeking flight to safety only to hear the door being knocked down and having to flee again.<BR/><BR/>Feeling a little guilty as I just found out the family who bought our 5000 sq' house last year have not been able to sell their other house yet (6000sq' by the way. they are downsizing.lol.<souperman2https://www.blogger.com/profile/16635834808271028026noreply@blogger.com