tag:blogger.com,1999:blog-4921988708619968880.post1034938117267707000..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: December 5 2011: Look Back, Look Forward and Look Down. Way Down.Ilargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger183125tag:blogger.com,1999:blog-4921988708619968880.post-45814375605138560882011-12-08T22:07:15.037-05:002011-12-08T22:07:15.037-05:00New post up.
You're either at the table or...New post up.<br /><br /><br /><br /><br /><a href="http://theautomaticearth.blogspot.com/2011/12/december-8-2011-youre-either-at-table.html" rel="nofollow"><b>You're either at the table or you're on the menu</b></a><br /><br /><br /><br /><br />.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-4087547848923781322011-12-08T21:20:59.803-05:002011-12-08T21:20:59.803-05:00Steve sounds like my 6 siblings. They have profess...Steve sounds like my 6 siblings. They have professional financial planners to manage their portfolios so that they have more time to pursue their own hobbies. <br /> <br />I sent both the ZeroHedge and Denniger's links for them to get a summary of what is going on in the global markets. None responded back to me. Either they were overwhelmed by the extensive fraud or, more likely they were bluebirdhttps://www.blogger.com/profile/09600634086150466162noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-3138095363245944062011-12-08T20:31:31.297-05:002011-12-08T20:31:31.297-05:00I'm speculating a new post in 10 9 8 ....I'm speculating a new post in 10 9 8 ....Joe in NChttps://www.blogger.com/profile/02182396413057310516noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-87770898931535083192011-12-08T18:55:56.131-05:002011-12-08T18:55:56.131-05:00Last Minute Summit Mutiny Threatens The Future Of ...<a href="http://www.zerohedge.com/news/last-minute-summit-mutiny-threatens-future-euro-and-why-wholesale-sp-downgrade-europe-will-be-d" rel="nofollow">Last Minute Summit Mutiny Threatens The Future Of The Euro; And Why A Wholesale S&P Downgrade Of Europe Will Be Devastating<br /></a><br /><br />TD going all out fight club mode:<br /><br />"Incidentally, to all the pundits who claim a Joe in NChttps://www.blogger.com/profile/02182396413057310516noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-48635123970698294852011-12-08T18:43:19.197-05:002011-12-08T18:43:19.197-05:00MF Global had 30:1 leverage.
That’s the same as sa...MF Global had 30:1 leverage.<br />That’s the same as saying to 30 people that you have the cash to pay them back when you have only the cash to pay one back.<br /><br />Leveraging sounds like fraud and lying.<br /><br />If 10:1 is the guide line for banks, why should they not try to find a way to increase their profit by leveraging at high numbers?jalhttps://www.blogger.com/profile/16969819389823705458noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-82028180997340436052011-12-08T17:59:24.671-05:002011-12-08T17:59:24.671-05:00A scene from Downfall, with Hitler cast as Merkel....A scene from Downfall, with Hitler cast as Merkel...<br /><br />http://www.youtube.com/watch?v=yKaBSp18u2c&feature=player_embeddedAshvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-38201783795034516342011-12-08T17:38:00.632-05:002011-12-08T17:38:00.632-05:00Leaked Brussels draft.
http://www.scribd.com/doc/...Leaked Brussels draft.<br /><br />http://www.scribd.com/doc/75158102/Brussels-Draft-0812<br /><br />Only 3 important parts:<br /><br />"In order to ensure that the ESM is in the position to take the necessary decisions in all circumstances, voting rules in the ESM will be changed to include an emergency procedure<br /><br />*The mutual agreement rule will be replaced by a <b>qualified Ashvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-28557008750942849392011-12-08T17:14:40.523-05:002011-12-08T17:14:40.523-05:00This comment has been removed by the author.Jackhttps://www.blogger.com/profile/15412294798193285237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-70547009156893543022011-12-08T17:14:39.599-05:002011-12-08T17:14:39.599-05:00http://www.youtube.com/watch?v=vO3C-yNUGFs&lis...http://www.youtube.com/watch?v=vO3C-yNUGFs&list=UUpwvZwUam-URkxB7g4USKpg&feature=plcp<br /><br />He says we will have catastrophe and the markets are doing fine for now.<br /><br />I liked what Kyle Bass said about the behaviour of investors when he observed the price of lehman brothers shares and that just minutes before the crash it was trading as if there was no problem to occur and Jackhttps://www.blogger.com/profile/15412294798193285237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-27113859712073235502011-12-08T16:30:41.517-05:002011-12-08T16:30:41.517-05:00If you look at what has happened in other financia...If you look at what has happened in other financial crises (eg Argentina), savings are either drastically devalued or disappeared while debts remain enforceable. The little guy never gets a break. Of course many debts will not be repaid because thy can't be, but those who carry debt risk having someone come after them for everything they have of any value. If they have nothing of value, debt Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-57262163915574413722011-12-08T16:28:55.436-05:002011-12-08T16:28:55.436-05:00The Anonymous said...
"Stoneleigh said...
Jo...The Anonymous said...<br />"Stoneleigh said... <br />Joe in NC,<br /><br />So if thats the case, then why do you believe that the "printed niceties" on a promissory note (especially an unsecured one) will be ruthlessly enforced such that no one should ever go into debt?<br /><br />_____________________<br /><br />Because they have bigger and better guns, bombs, predators, el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-24461359300255009132011-12-08T16:16:17.556-05:002011-12-08T16:16:17.556-05:00"Stoneleigh said...
Joe in NC,
I don't ..."Stoneleigh said... <br />Joe in NC,<br /><br />I don't think the printed niceties in brokerage agreements will make the slightest bit of difference. Investors will be faced with a fait accompli once their money is gone. Complaining that agreements weren't adhered to will make no difference once the money has disappeared into a giant black hole of credit destruction."<br /><br /The Anonymoushttps://www.blogger.com/profile/09233501721660697800noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-9460683599756996302011-12-08T15:53:02.873-05:002011-12-08T15:53:02.873-05:00Clear enough for you?
*ESM BAIL-OUT FUND TO BE GI...Clear enough for you?<br /><br />*ESM BAIL-OUT FUND TO BE GIVEN BANKING LICENCE - DRAFT<br /><br />...(10 minutes later)<br /><br />*DJ Germany Rejects Draft Measures On Banking License For ESM -ReutersAshvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-21778655525692824662011-12-08T15:21:09.142-05:002011-12-08T15:21:09.142-05:00Spiegel piece on China's socioeconomic unrest....Spiegel piece on China's socioeconomic unrest.<br /><br /><a href="http://www.spiegel.de/international/europe/0,1518,802308,00.html" rel="nofollow">Unrest Spreads as Growth Stalls</a><br /><br />"A police special forces unit appears suddenly. One moment, a worker named Liu* is marching back and forth in front of city hall in Dongguan, China, with about 300 colleagues from the bankrupt Ashvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-74455728143533252192011-12-08T14:57:45.760-05:002011-12-08T14:57:45.760-05:00WASHINGTON (Dow Jones)--"Stock portfolios of ...WASHINGTON (Dow Jones)--"Stock portfolios of U.S. households fell while company coffers kept swelling in the third quarter, undermining support for an economy that's struggling to break out of a slow-growth rut and create more jobs.<br /><br />A Federal Reserve report Thursday showed households' total net worth declined a second consecutive quarter, shrinking 4.1% to $57.353 trillionAshvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-78110542418509564822011-12-08T14:22:45.189-05:002011-12-08T14:22:45.189-05:00Eurogeddon – fear not, it's under control
&qu...<a href="http://www.telegraph.co.uk/finance/comment/jeremy-warner/8944430/Eurogeddon-fear-not-its-under-control.html" rel="nofollow">Eurogeddon – fear not, it's under control</a><br /><br />"So confident is he of this outcome that it would be "imprudent" to make contingency plans for anything else. His message is presumably aimed at the UK Treasury, Financial Services AuthorityAshvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-89392183247354893522011-12-08T14:12:49.457-05:002011-12-08T14:12:49.457-05:00We're fracked.
WASHINGTON, Dec 8 (Reuters) - ...We're fracked.<br /><br />WASHINGTON, Dec 8 (Reuters) - "Fluids from a company employing a drilling technique known as "fracking" likely polluted an aquifer in Wyoming, the U.S. Environmental Protection Agency said in a draft report that countered industry claims the technique has never led to water <br />contamination. <br /><br />The EPA said "the best explanation" Ashvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-3856962850105904512011-12-08T12:49:22.566-05:002011-12-08T12:49:22.566-05:00Comments are temporarily closed due to troll activ...Comments are temporarily closed due to troll activity. This troll uses many identities in order to confuse people into thinking his views are widespread. Identities so far (and there may be more):<br /><br />Treasury Boy<br />Wendle in Tallahassee<br />Jerry from Pasadena<br />Cheryl<br />Kimberly<br />Pennies from Heaven<br />Coin Roll Hunter<br />Silver Lady<br />Eric in Cali<br /><br />He has Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-741353823624723142011-12-08T12:46:14.327-05:002011-12-08T12:46:14.327-05:00comments closed for time being.comments closed for time being.Ashvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-15769500759611319472011-12-08T12:41:45.666-05:002011-12-08T12:41:45.666-05:00EBA is competing with the BLS for most grossly und...EBA is competing with the BLS for most grossly under-estimated data.<br /><br />(Telegraph)<br /><br />"The European Banking Authority calculates that German banks need to raise twice as much in additional capital as first thought. It's now thought that they need €13.1 billion - more than twice the amount the EU's London-based financial regulator had estimated in so-called banking Ashvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-51462137891000344302011-12-08T12:16:54.282-05:002011-12-08T12:16:54.282-05:00Iran TV releases short video of captured American ...Iran TV releases short video of captured American drone. Voiceover in Farsi with subtitles in Arabic alphabet. It appears to be in perfect condition. <br /><br />No video of the captured homoculus, but rumor has it that they are waterboarding him on a Snickers bar with an eyedropper.<br /><br />http://www.youtube.com/watch?feature=player_embedded&v=M_uv6Welncoel gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-26495357211251574972011-12-08T11:51:19.484-05:002011-12-08T11:51:19.484-05:00Crash trolley stat!Crash trolley stat!Glennjeffhttps://www.blogger.com/profile/11717673597621943322noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-42801972994281128532011-12-08T11:48:58.982-05:002011-12-08T11:48:58.982-05:00Ilargi wrote: "That along with the report tha...Ilargi wrote: "That along with the report that said sine the 50's we killed 90% of all predators in the northern Atlantic and Pacific entirely confirms my ideas of what we really are as a species."<br /><br />It's not about what we are but what we do. Specifically, we use money (unlike all other species.)<br /><br />Glennda, debt forgiveness is a simple reset. The rules still Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-81934098082327621362011-12-08T11:44:45.069-05:002011-12-08T11:44:45.069-05:00Hey Greenpa,
Steve may be in the "anger"...Hey Greenpa,<br /><br />Steve may be in the "anger" stage of greif resolution also, just a thought.<br /><br />TAE n Board.<br /><br />Congrats on turning 1000<br /><br />Ann Barndhart, WELL! I found her good food for thought. An interesting combination of astuteness, honour and psychosis.<br /><br />What is it with these christians and guns? Too much exposure to cognitive dissonace Glennjeffhttps://www.blogger.com/profile/11717673597621943322noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-10763719635180284362011-12-08T11:44:10.936-05:002011-12-08T11:44:10.936-05:00I'm listening to C-Span re. MF Global.
We are...I'm listening to C-Span re. MF Global.<br /><br />We are finding out that there exist a photocopier that can print money without having any real money to copy.<br />jaljalhttps://www.blogger.com/profile/16969819389823705458noreply@blogger.com