tag:blogger.com,1999:blog-4921988708619968880.post3193578275658537701..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: May 12 2009: The Bloody Sack of RomeIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger42125tag:blogger.com,1999:blog-4921988708619968880.post-19780102076206866502009-05-13T13:20:00.000-04:002009-05-13T13:20:00.000-04:00Inspired writing!I do on sweet occasion have those...<B>Inspired writing!</B>I do on sweet occasion have those kinds of flying dreams where I must keep myself up in the air by flapping my arms in a kind of "frog like stroke" that moves me along higher and higher. (except I sometimes look down and then begin to float down gently but there is never any fear.)Hey Mr Billhttps://www.blogger.com/profile/14522039367301918268noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-3531143267824196492009-05-13T11:09:00.000-04:002009-05-13T11:09:00.000-04:00"Retail sales fell for a second straight month in ..."Retail sales fell for a second straight month in April, a disappointing performance that <B>raised doubts about whether consumers were regaining their desire to shop.</B>"<br /><br />See? It's only the desire to shop that's the problem... cue more advertising. It amuses me...<br /><br /><A HREF="http://news.yahoo.com/s/ap/20090513/ap_on_bi_go_ec_fi/us_economy" REL="nofollow">Retail sales drop jlpicard2https://www.blogger.com/profile/13688856424104895630noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-15041153815895703902009-05-13T11:07:00.000-04:002009-05-13T11:07:00.000-04:00from seeking alpha wall street breakfast must-know...from seeking alpha wall street breakfast must-know news 4/13/09:<br /><br /><I><B>April foreclosures rise.</B>The number of U.S. homes facing foreclosure jumped 32% in April, led by Nevada, Florida and California. One in every 374 U.S. housing units received a foreclosure filing last month, the highest monthly rate since reporting began in 2005. Repossessions by banks were down on a monthly and Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-47593529467778794452009-05-13T06:36:00.000-04:002009-05-13T06:36:00.000-04:00"Now, but you know, we all bear a responsibility f...<I>"Now, but you know, we all bear a responsibility for that. <B>I'm not trying to put it on the world."</B></I><BR><BR>Right up until he said that, that's exactly what I thought he was trying to do.APCnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-45679130144293950872009-05-12T22:42:00.000-04:002009-05-12T22:42:00.000-04:00thethirdcoast: They'll be rid of paying out most ...thethirdcoast: They'll be rid of paying out most welfare/Social Security/SSI long before then.<br /><br />Most generous number I've heard is about 3 years.Starcadehttps://www.blogger.com/profile/09226367306835781483noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-30907883491118169592009-05-12T22:35:00.000-04:002009-05-12T22:35:00.000-04:00@ Todd,
I thought you were an elder...@ Todd,<br /><br />I thought you were an elder...Chaoshttps://www.blogger.com/profile/14511045883879753073noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-22593961433124166432009-05-12T21:20:00.000-04:002009-05-12T21:20:00.000-04:00New post upNew post upIlargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-13602486835535376382009-05-12T21:11:00.000-04:002009-05-12T21:11:00.000-04:00@Starcade
>What do *YOU* think is holding us u...@Starcade<br /><br /><I>>What do *YOU* think is holding us up</I><BR>I'm not qualified to understand what is going on well enough to make micro-predictions. I can't even predict with any success which checkout line at the co-op will empty the quickest - reliably if I get behind the one lady that is almost done, she gets out her checkbook, then the register jams, the manager gets called over, Toddmanhttps://www.blogger.com/profile/17663381108485431038noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-64492927216147071722009-05-12T20:55:00.000-04:002009-05-12T20:55:00.000-04:00On the other hand maybe it will be the Wall Street...On the other hand maybe it will be the Wall Street Bandidos who take an " Oh Shit" leap from a cornered ledge...jaws agape in disbelief, the Doomers stared from the canyon top as they merrily floated down that audacious escape route.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-53192728519234510522009-05-12T20:49:00.000-04:002009-05-12T20:49:00.000-04:00Neat...Social Security is going to run out 7 years...Neat...Social Security is going to run out 7 years before I'm eligible to retire:<br /><br />http://finance.yahoo.com/news/Social-Security-and-Medicare-apf-15219531.html<br /><br />GD thieves!!!thethirdcoasthttps://www.blogger.com/profile/02828310354952426682noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-36128334327344544472009-05-12T20:44:00.000-04:002009-05-12T20:44:00.000-04:00Now I understand why you say that "The Bloody Sack...Now I understand why you say that "The Bloody Sack of Rome" sounds like one of my posts.<br /><br />... because that fairly accurately describes what's going to happen when all Hell finally breaks loose.Starcadehttps://www.blogger.com/profile/09226367306835781483noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-80707610382515186322009-05-12T20:39:00.000-04:002009-05-12T20:39:00.000-04:00While we're talking about collapsing empires, ...While we're talking about collapsing empires, I cannot recommend this tome on the rise and fall of the British Empire enough:<br /><br />http://www.amazon.com/Rise-Fall-British-Empire/dp/031216985X/ref=sr_1_1?ie=UTF8&s=books&qid=1242175090&sr=8-1<br /><br />The parallels in national mood and action are positively eerie...history does not repeat, but it assuredly rhymes!thethirdcoasthttps://www.blogger.com/profile/02828310354952426682noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-84001113662183805112009-05-12T20:36:00.000-04:002009-05-12T20:36:00.000-04:00Do not be surprised if the dollar holds and rallie...Do not be surprised if the dollar holds and rallies again. This is not a prediction, just pointing out there is some probability it could happen.<br /><br />Rodgers chatter should be taken with a lot of skepticism, if that's the right word. It's a game to him. Why he speculates now at his age, with his stupendous wealth in place, I cannot guess. Except, well it is a game. He doesn't mislead so rapiernoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-15331199273312666992009-05-12T20:35:00.000-04:002009-05-12T20:35:00.000-04:00Anon 1549: I don't think I&S are as confi...Anon 1549: I don't think I&S are as confident that this will end non-violently than people like you.<br /><br />Maybe they don't go so far as I do, given what I've seen from living on the streets while the country was high on the hog...<br /><br />Todd: Given what we've seen in the world the last few months (esp. since Sept. with Fannie and Freddie and the like), we are at Starcadehttps://www.blogger.com/profile/09226367306835781483noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-90448458508064009682009-05-12T20:19:00.000-04:002009-05-12T20:19:00.000-04:00Nice bit about the Sack of Rome, which was one of ...Nice bit about the Sack of Rome, which was one of many. As noted there, it's a reminder of how historic patterns repeat themselves.<br /><br />I'm currently reading "The Decline and Fall of the Roman Empire." My bank gnome in Zurich is a fan, and I know it's classic literature, so I decided to see what he was on about. It's amazing how the issues we're dealing with now were also controversial in Bukko Boomerangerhttps://www.blogger.com/profile/02424677168216647964noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-79298407647223226872009-05-12T20:15:00.000-04:002009-05-12T20:15:00.000-04:00Ah the Big Horns. My favorite probably because the...Ah the Big Horns. My favorite probably because they were the first proper mountains this Midwest boy ever saw. As a retrograde addict of acceleration and speed I take my motorcycle across the prairie and high plains to the high country most every year. When in the Big Horns I usually camp at Dead Swede, a romantic and comic gesture that suits my fancy. It strikes me the road tour may not be such rapiernoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-11401519493280640542009-05-12T19:42:00.000-04:002009-05-12T19:42:00.000-04:00One thing to keep in mind about the Masters.
The...One thing to keep in mind about the Masters. <br /><br />They screw up, regularly. And lose control of what they thought was all wrapped up.<br /><br />The list of dead empires would clog the blog. All had masters of their universe- and they all lost it.<br /><br />They can be as smart, evil, and powerful as you like. Doesn't matter, eventually. Ask the Chinese about "hunger marchers". You Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-42566531379211863222009-05-12T19:34:00.000-04:002009-05-12T19:34:00.000-04:00I kida like DIYs idea...Meridith Whitney as a door...I kida like DIYs idea...Meridith Whitney as a doorprize for the date of "the sigularity"Yes,smart ladies are hot..but not for thee or me citizen....<br /><br /> I have given up trying to make sense of the news lately...with the insult to the health care pros that are being arrested with un-nerving regularity at the capital,and the economic news that makes me sick when I think about it,Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-827335965690542912009-05-12T19:30:00.002-04:002009-05-12T19:30:00.002-04:00Stoneleigh --
Is this consistent with your deflat...Stoneleigh --<br /><br />Is this consistent with your deflation views:<br /><br />http://thehousingtimebomb.blogspot.com/2009/05/deflationary-destruction-of-us-dollar.htmlcanoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-3336323593737978482009-05-12T19:30:00.001-04:002009-05-12T19:30:00.001-04:00Todd: "Maybe if it launches in time we can as...<I>Todd: "Maybe if it launches in time we can ask it what the exact data of the S&P top will be?!?"</I> <br /><br />:-D<br /><br />Good one, Todd. <br /><br />And if it doesn't know, we can always ask <A HREF="http://www.titane.ca/concordia/dfar251/igod/main.html" REL="nofollow"><B>iGod</B></A>.<br /><br /><A HREF="http://www.youtube.com/watch?v=oVUR174d2Hw" REL="nofollow">Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-5498248989174434912009-05-12T19:30:00.000-04:002009-05-12T19:30:00.000-04:00Hey, I don't know about you, but I had to celebrat...Hey, I don't know about you, but I had to celebrate out loud with the post of GS buying out the Mass investigation of their sub-prime slime:<br /><br />"investigation by Attorney General Martha Coakley into subprime lending practices and the role of investment banks that acted as middlemen in loans that have resulted in foreclosure or contained terms so onerous that they were destined to fail."<Wyotehttps://www.blogger.com/profile/17639946106031416118noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-50223344677101544822009-05-12T19:28:00.000-04:002009-05-12T19:28:00.000-04:00I work in a nice office building. The entire build...I work in a nice office building. The entire building is windows all the way around - several stories high.<br /><BR>As I was walking out the door this afternoon, I heard a "smack". Then a beautiful sparrow fell at my feet. <br />The sparrow had flown into the side of the building. He flailed his wings and feet for a few minutes, then lay still.<br /><BR>I picked him up and took him underneath a Persephonehttps://www.blogger.com/profile/16990525279110502147noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-43772610271681843682009-05-12T19:14:00.000-04:002009-05-12T19:14:00.000-04:00Ilargi,
You're right on target with your analysis...Ilargi,<br /><br />You're right on target with your analysis anticipating 80 or 90 percent housing price decline from the prices at the height of the bubble. Parts of South FL have declined that much already.<br /><br />Thank you for your diligent and compassionate work!<br /><br />Snuffy,<br /><br />Awesome post!<br /><br />Agree that martial law in the USA will be inevitable. The ruling elites Ahimsanoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-22464283697903314872009-05-12T18:53:00.000-04:002009-05-12T18:53:00.000-04:00Ilargi: Barry's little tale explains very well why...Ilargi: Barry's little tale explains very well why the $1 quadrillion derivatives’s trade unwind will be such a mess.<br /><br />"What are you worried about? <br />In a small town on the South Coast of France,... "<br />----- <br />Cute tale.<br />In the real world, everyone charges interest and managers take a bonus. The result would be that the tourist would not get his money back.<br />----- <jalnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-25253698638695845232009-05-12T18:39:00.000-04:002009-05-12T18:39:00.000-04:00<nit> Wolfram Alpha appears to be web servic...<nit> Wolfram Alpha appears to be web service, not a browser </nit><BR>Maybe if it launches in time we can ask it what the exact data of the S&P top will be?!?Toddmanhttps://www.blogger.com/profile/17663381108485431038noreply@blogger.com