tag:blogger.com,1999:blog-4921988708619968880.post2451315507115214017..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: Debt Rattle, August 6 2008: Pointed at the center of the sunIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-4921988708619968880.post-72164919563825493892008-08-07T10:33:00.000-04:002008-08-07T10:33:00.000-04:00Hey George Ure has coined a new word: Sociopathen...Hey <A HREF="http://urbansurvival.com/week.htm" REL="nofollow"> George Ure</A> has coined a new word: <B>Sociopathenomics!</B><BR/><BR/>“You're welcome to continue the quest for the "new word to fully describe the descending economy"”Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-72038626478230554422008-08-07T08:07:00.000-04:002008-08-07T08:07:00.000-04:00“Lawrence Lessig, a respected Law Professor from S...“Lawrence Lessig, a respected Law Professor from Stanford University told an audience at this years Fortune’s Brainstorm Tech conference in Half Moon Bay, California, that "There’s going to be an i-9/11 event" which will act as a catalyst for a radical reworking of the law pertaining to the internet. <BR/><BR/>Lessig also revealed that he had learned, during a dinner with former government Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-41632538453989980252008-08-07T07:48:00.000-04:002008-08-07T07:48:00.000-04:00If the Dow breaks 10725 then look out below. Other...If the Dow breaks 10725 then look out below. Otherwise, it will test its high before next summer, despite all the news. This is a guess.Bigelowhttps://www.blogger.com/profile/16883913065391637120noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-41653256224043341892008-08-07T07:37:00.000-04:002008-08-07T07:37:00.000-04:00Anonymous said “But an actual question- wouldn't t...Anonymous said <I>“But an actual question- wouldn't there be people in the US Treasury capable of "analyzing and understanding" its new powers? Shouldn't there be? I mean, it's. the. U.S. freaking. Treasury.”</I><BR/><BR/>“Put simply, if any given job can't be outsourced, it can't be done. <BR/><BR/>This philosophy, so central to the Bush years, explains statistics like this one: In 2003, the U.SBigelowhttps://www.blogger.com/profile/16883913065391637120noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-65323773254649047392008-08-07T06:50:00.000-04:002008-08-07T06:50:00.000-04:00I recently discovered this site and I find it fasc...I recently discovered this site and I find it fascinating because it seems to verify most of my lifestyle choices. My wife and I live on 12 wooded acres with a garden, our own water supply and a few chickens. We spent our income on paying off our mortgage. We've never played the market because I never trusted anyone who did, and I have NEVER trusted anyone in authority. Yea, I'm an old hippie.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-73748432754356795862008-08-06T22:42:00.000-04:002008-08-06T22:42:00.000-04:00Wow. Seeking Alpha had a chart the other day that ...Wow. Seeking Alpha had a chart the other day that showed Morgan Stanley currently holds Level 3 Assets at 235% of capital (among God knows what else). And yet, this is the outfit that's going to advise the Treasury as to whether or not FM/FM are adequately capitalized? Really? And they're going to conduct a "sensitivity analysis" of the companies' profiles? Amazing. <BR/>But an actual question- Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-85322400168308279452008-08-06T20:55:00.000-04:002008-08-06T20:55:00.000-04:00I,I'm confused about an outcome in deflation--plea...I,<BR/>I'm confused about an outcome in deflation--please help. I only know that interest rates went to zero in Japan during their decade of deflation. But how about the banks interest paid to depositors? I see in today's WSJ that in the UK banks are paying 6 and 7% to "bread and butter" investers and I see incentives inching up around me. My local bank (here in US) was giving a $30 gas card Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-87332678145744662282008-08-06T20:45:00.000-04:002008-08-06T20:45:00.000-04:00What do you see as the type of events that would b...What do you see as the type of events that would be a signal that the ball has dropped ilargi?I have this little problem requiring surgery that I have decided to do sooner than later{like 2-4 days from now}and I am a bit spooked....although I can hope inertia keeps everything rolling for awhile...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-58038887458494525882008-08-06T20:26:00.000-04:002008-08-06T20:26:00.000-04:00Kypat,The only way the DOW will hit 16,000 this ye...Kypat,<BR/><BR/>The only way the DOW will hit 16,000 this year or next is if a dozen eggs cost $10. I find both very unlikely.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-18768159749081286682008-08-06T20:11:00.000-04:002008-08-06T20:11:00.000-04:00The Olympics opening ceremony is Friday :)The Olympics opening ceremony is Friday :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-2928133522024903012008-08-06T19:53:00.000-04:002008-08-06T19:53:00.000-04:00stoneleigh is gone for the weekkypat, i've nev...stoneleigh is gone for the week<BR/><BR/>kypat, i've never talked about the end of the world<BR/><BR/>as for rallies etc. see my intro today:<BR/><BR/>incest, moral hazard and creative accounting is all that keeps this ship above water<BR/><BR/>I see no parties other than Wall Street (and even that's a maybe after the F&F bill) with a real interest in keeping it going much longer<BR/>Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-90173373705914897332008-08-06T17:22:00.000-04:002008-08-06T17:22:00.000-04:00Ilargi & Stoneleigh,You know, the contrarian i...Ilargi & Stoneleigh,<BR/><BR/>You know, the contrarian in me has been taking in all this amazingly bearish sentiment, and I'm now starting to feel like we are going to see Dow 16,000 before the end of the year. <BR/><BR/>Been making plenty finding good websites that give good tells you know? Insiders can't make money without a retail on the other side. That's always the fun Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-85770173551209233182008-08-06T14:52:00.000-04:002008-08-06T14:52:00.000-04:00This quote from the article on Whitney really blew...This quote from the article on Whitney really blew me away:<BR/><BR/><I>But at least now there's a grudging respect for her work. "What do you do when your biggest tormentor keeps being right?" one ex-Citigroup executive asks when queried about Whitney. "You got to give it to her - she figured it out."</I><BR/><BR/>If that doesn't make it clear that Wall St knew exactly what was going on and has DJhttps://www.blogger.com/profile/02268326234560351295noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-7629218645758495722008-08-06T14:44:00.000-04:002008-08-06T14:44:00.000-04:00The World’s Grandest Ponzi Scheme Unravels may be ...<A HREF="http://realestateandhousing2.blogspot.com/2008/08/worlds-grandest-ponzi-scheme-unravels.html" REL="nofollow">The World’s Grandest Ponzi Scheme Unravels</A> may be of interest to TAE readers. Mike Morgan has been writing for a long time about the real estate mess. He recently closed his other blog but is now doing this blog since he's "gone pro" on this entire mess.Greyzonehttps://www.blogger.com/profile/03675706201111951125noreply@blogger.com