tag:blogger.com,1999:blog-4921988708619968880.post99316426773856318..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: March 5 2010: The Long Hot SummerIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger68125tag:blogger.com,1999:blog-4921988708619968880.post-70457097454221516472010-03-08T14:41:22.657-05:002010-03-08T14:41:22.657-05:00New post up.
Gazing Through The Long Tall Grass
...New post up.<br /><br /><br /><a href="http://theautomaticearth.blogspot.com/2010/03/march-8-2010-gazing-through-long-tall.html" rel="nofollow"><b>Gazing Through The Long Tall Grass</b></a><br /><br /><br /><br />.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-52220473783751199332010-03-08T13:14:29.400-05:002010-03-08T13:14:29.400-05:00I've lost track of the timeline regarding a &q...I've lost track of the timeline regarding a " rescue " plan for Greece. Can someone remind me?<br />Amazing story really as the story changes on the hour...Reminds me of the childhood game of pulling petals off of a flower- loves me, loves me not. Are we down to the last petal, the final message?scandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-58014299605184898412010-03-08T12:58:50.749-05:002010-03-08T12:58:50.749-05:00Sorry if I seem to be doing nothing but posting li...Sorry if I seem to be doing nothing but posting links today, but over the weekend Joe Bageant answered an important question.<br /><a href="http://www.joebageant.com/joe/2010/03/canadian-asks.html#more" rel="nofollow">Canadian asks: Who you gonna bomb next, eh?</a>Phlogiston Água de Beberhttps://www.blogger.com/profile/16269917130349144430noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-78349384928936929432010-03-08T12:30:45.577-05:002010-03-08T12:30:45.577-05:00Two very worthwhile reads over at Counterpunch.
A ...Two very worthwhile reads over at Counterpunch.<br /><a href="http://www.counterpunch.org/porter03082010.html" rel="nofollow">A War of Perception and Misinformation </a><br /><br /><a href="http://www.counterpunch.org/floyd03082010.html" rel="nofollow">Breaking the Fever of Militarism</a><br /><br />We regret that due to difficulties beyond our control, the LMTE will not be halted. Stay tuned forPhlogiston Água de Beberhttps://www.blogger.com/profile/16269917130349144430noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-67768977976327189452010-03-08T12:00:33.639-05:002010-03-08T12:00:33.639-05:00So who is the largest holder of Greece's bonds...So who is the largest holder of Greece's bonds? German banks, which explains why the Germans don't want Greece bailed out or to restructure and instead want paid in full.<br /><br />A collapse of Greece will destroy the supposed "healthy" Germany, just as a loss by the allies in WWI would have wiped out US and UK banks that had bet heavily on a fast allied win. We went to war Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-61813396367049150392010-03-08T11:53:04.816-05:002010-03-08T11:53:04.816-05:00Re: Adam.
Don't bet on it. Remember Mitochon...Re: Adam.<br /><br />Don't bet on it. Remember Mitochondrial Eve? Debunked.<br /><br />Also- Nat. Geo is renowned, among hard scientists, for shooting from the hip, and then having to recant. Quietly.<br /><br />As an evolutionist- it's really really unlikely.Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-6406673798500599842010-03-08T09:58:11.017-05:002010-03-08T09:58:11.017-05:00What???
FDIC Urges Pensions to Invest in Failed B...<i><b>What???</b></i><br /><br />FDIC Urges Pensions to Invest in Failed Banks: Report<br /><br />http://www.cnbc.com/id/35761575memphishttps://www.blogger.com/profile/14679189378406297005noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-9083734861966911642010-03-08T09:30:06.776-05:002010-03-08T09:30:06.776-05:00@ Compound F
Well now, that was a beautiful thing...@ Compound F<br /><br />Well now, that was a beautiful thing, but I am befuddled by their choice for the title. Why wouldn't they have come up with something much sexier and more appealing to their target audience? Say something like, <b>Economics as if people don't matter at all</b>. And furthermore, why pick a wussy term like<i> Plutonomies</i> when they could have gone for something Phlogiston Água de Beberhttps://www.blogger.com/profile/16269917130349144430noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-41255947801438647292010-03-08T08:40:39.702-05:002010-03-08T08:40:39.702-05:00Rototillerman - Thanks for the link to "Quest...Rototillerman - Thanks for the link to "Questions and Answers About the Financial Crisis"<br />It is plainly stated in that even I could get a handle on it.<br /><br />I kept wondering, and will watch to see, what some of our more saavy contributors think of it, especially our hosts!Hombrehttps://www.blogger.com/profile/12930734368916487826noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-56346979189702035562010-03-08T08:30:20.884-05:002010-03-08T08:30:20.884-05:00Ben,
Fair dinkum eh. Bit of dag aren't you. N...Ben,<br /><br />Fair dinkum eh. Bit of dag aren't you. Now this expat Kiwi knows your from over there, may have to retract my apology<br /><br />: >)Tom Therramushttps://www.blogger.com/profile/01955050476386723591noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-76809428771926316932010-03-08T05:25:09.577-05:002010-03-08T05:25:09.577-05:00NewZelandS -
Thanks for your wise thoughts!
VK...NewZelandS - <br /><br />Thanks for your wise thoughts!<br /><br /><br />VK,<br /><br />Thank you for your profound contribution (as always).<br /><br />Non dualistic thinking is available to all even in this day and age. A strong meditation practice offers such mind states, brings about peace of mind and allows one to travel through life with more balance and equanimity. The more one meditates carpe diemhttps://www.blogger.com/profile/14488224761512097840noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-2689144956888314482010-03-08T00:36:31.275-05:002010-03-08T00:36:31.275-05:00Zero Hedge has a very interesting article penned b...Zero Hedge has a very interesting article penned by Gary Gorton on the interplay between the shadow and deposit banking systems. The article itself is a scribd document, which you can access here:<br /><br /><a href="http://www.zerohedge.com/article/gary-gorton-shadow-banking-system-run-and-interplay-shadow-and-traditional-banking" rel="nofollow">Questions and Answers About the Financial Crisis<Rototillermanhttps://www.blogger.com/profile/07692476944185608654noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-64927386609960130812010-03-07T22:59:17.981-05:002010-03-07T22:59:17.981-05:00@ VK
Thanks for that thought for the day.
My tak...@ VK<br /><br />Thanks for that thought for the day.<br /><br />My take on the wheel of life is that it just keeps going round and round and around, hence the repetition of mistakes and brief interludes of revelation as per Ashoka in India. Some small progress being made after each revealing interlude, two steps forward, one step back.<br /><br />Here is the National Geographic link (Oh dear, itGlennjeffhttps://www.blogger.com/profile/11717673597621943322noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-62202998693552648152010-03-07T19:56:06.757-05:002010-03-07T19:56:06.757-05:00@ VK
That's an interesting bit of history. I h...@ VK<br />That's an interesting bit of history. I hope I might eventually get to see that documentary.<br /><br />As a short and incomplete answer to your question, I will suggest the two-kinds-of-people answer. There are people who follow prophets and there are people who chase profits. They seem to have very little use for each other.Phlogiston Água de Beberhttps://www.blogger.com/profile/16269917130349144430noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-19156712448416335002010-03-07T19:39:33.651-05:002010-03-07T19:39:33.651-05:00Here's a direct link:
http://www.scribd.com/d...Here's a direct link:<br /><br />http://www.scribd.com/doc/6674234/Citigroup-Oct-16-2005-Plutonomy-Report-Part-1Compound Fhttps://www.blogger.com/profile/12754909356084772352noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-17574805484559730972010-03-07T19:25:47.383-05:002010-03-07T19:25:47.383-05:00VK said...
"History certainly doesn't rep...VK said...<br />"History certainly doesn't repeat but it rhymes. Anyone who can read and has access to some historical books can see the patterns emerging. War followed by peace, followed by war. Of great triumphs, followed by great tragedy. Of economic progress followed by bubble mania. It's tragic that problems that were known and seen and described thousands of years ago still NZSanctuaryhttps://www.blogger.com/profile/06676287221558805541noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-59814350384556682112010-03-07T19:21:20.943-05:002010-03-07T19:21:20.943-05:00Read the "Plutonomy Report" from citigro...Read the "Plutonomy Report" from citigroup:<br /><br />http://docudharma.com/diary/19718/#290154<br /><br />It may render you speechless.Compound Fhttps://www.blogger.com/profile/12754909356084772352noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-40907478519112473362010-03-07T18:57:01.577-05:002010-03-07T18:57:01.577-05:00Starcade "...One of Karl's complaints abo...Starcade "...One of Karl's complaints about me before he banned me from his forum..."<br /><br />Maybe he suspected you were a Chinese spy! ;-)Hombrehttps://www.blogger.com/profile/12930734368916487826noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-37961339420270136602010-03-07T18:38:28.179-05:002010-03-07T18:38:28.179-05:00Was just watching BBC Knowledge channel, it was a ...Was just watching BBC Knowledge channel, it was a documentary on the Story of India, Ep 2.<br /><br />It was about the origins of Buddhism, the Buddha, Jainism. The first meeting of East and West, when Alexander the Great invaded Persia and than India and how his empire was overthrown by Chandragupta Maurya who forged the first empire from Afghanistan to Bengal and to the south of India. He at VKhttps://www.blogger.com/profile/06843562351166927162noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-36398316482957459942010-03-07T17:58:18.129-05:002010-03-07T17:58:18.129-05:00"I re-read my earlier post - it was unnecessa..."I re-read my earlier post - it was unnecessarily barbed (and pompous to boot). Apols dude.<br /><br />This being said, my data indicates that spikes of instability in oil price have preceded variance in other economic variables during the last decade." <br /><br />cheers, tom, on the former and fair dinkum on the latter.benhttps://www.blogger.com/profile/07338619620804720116noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-58294489390841975032010-03-07T17:40:03.853-05:002010-03-07T17:40:03.853-05:00Fannie and Freddie:
Collapse them, and it's a...Fannie and Freddie:<br /><br />Collapse them, and it's another IMMEDIATE $5-6T on the National Debt.<br /><br />That's why the nationalization of Fannie/Freddie was TEOTWAWKI. Using homes as ATMs was the ONLY thing propping up much of that 70% of the US GDP which was consumer spending.Starcadehttps://www.blogger.com/profile/09226367306835781483noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-69962706139250755702010-03-07T17:35:28.981-05:002010-03-07T17:35:28.981-05:00What a lot of people need to understand here is th...What a lot of people need to understand here is that those swaps -- those derivative contracts numbering at least $1Q -- were the sole and only basis on which this economy and population could be sustained.<br /><br />This "bezzle", this off-balance-sheet stuff, is the whole deal. It is all that is the economy.<br /><br />One of Karl's complaints about me before he banned me from Starcadehttps://www.blogger.com/profile/09226367306835781483noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-21593710445501331982010-03-07T17:31:34.254-05:002010-03-07T17:31:34.254-05:00My one comment about the Icesave rejection:
Icela...My one comment about the Icesave rejection:<br /><br />Iceland will be repossessed (as in "taken over") by the first real debtor of it's to have enough of an army to enforce the debt through lethal force.<br /><br />Perhaps _this_ will be the final death of the EU, since, realistically, do any of the countries in the EU have such an army?Starcadehttps://www.blogger.com/profile/09226367306835781483noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-91201792372112865782010-03-07T12:54:39.298-05:002010-03-07T12:54:39.298-05:00@ I.M.Nobody... Monty Python is good to see again!...@ I.M.Nobody... Monty Python is good to see again! Inspiring.scandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-80265137425260448472010-03-07T12:21:41.461-05:002010-03-07T12:21:41.461-05:00sensato said...
Yep, a "knowledge economy&qu...sensato said...<br /><i><br />Yep, a "knowledge economy". Almost as promising as a tourism-based economy.<br /></i><br />I think the record is quite clear as developed here south of the border. A knowledge economy works quite well. For those who know which walnut the pea is always under.Phlogiston Água de Beberhttps://www.blogger.com/profile/16269917130349144430noreply@blogger.com