tag:blogger.com,1999:blog-4921988708619968880.post3853981778672774654..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: March 13 2010: Moral Fiber: Lehman, Toyota, Madoff, GeithnerIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger55125tag:blogger.com,1999:blog-4921988708619968880.post-67490126534646231952010-03-15T16:19:53.259-04:002010-03-15T16:19:53.259-04:00New post up.
Inflation: God is the ultimate hedg...New post up.<br /><br /><br /><a href="http://theautomaticearth.blogspot.com/2010/03/march-15-2010-inflation-god-is-ultimate.html" rel="nofollow"><b>Inflation: God is the ultimate hedge</b></a><br /><br /><br /><br />.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-7272238496498621422010-03-15T16:18:00.120-04:002010-03-15T16:18:00.120-04:00" Ahimsa said...
I'm surprised to see thi...<i>" Ahimsa said...<br />I'm surprised to see this info/video going mainstream:<br /><br />"They Cooked Books. The Video That Will Put Geithner Behind Bars. One of the Greatest Crimes Ever Perpetrated" by Mike Whitney</i><br /><br />That's the video posted above. Whitney is late as always.<br /><br />.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-3950315395860276722010-03-15T13:34:43.918-04:002010-03-15T13:34:43.918-04:00I'm surprised to see this info/video going mai...I'm surprised to see this info/video going mainstream:<br /><br /><i>"They Cooked Books<br /><br />The Video That Will Put Geithner Behind Bars<br /><br />One of the Greatest Crimes Ever Perpetrated" by Mike Whitney</i><br /><br /><a href="http://www.informationclearinghouse.info/article24980.htm" rel="nofollow">http://www.informationclearinghouse.info/article24980.htm</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-53559757872697823292010-03-15T12:28:20.973-04:002010-03-15T12:28:20.973-04:00" ... pulls a magic wand out of his back pock...<i> " ... pulls a magic wand out of his back pocket, makes a few passes with appropriate sounds ...... a puff - hyperinflation."</i><br /><br /><br />Yes the magic of Weimar can be enthralling and was very productive in producing added zeros.Weimar went from 670 marks to the US dollar in july/22 to 500000 to the US dollar by Dec/22. I think with a bit of yankee doodle doo Geithner and scrofuloushttps://www.blogger.com/profile/01085471693372823086noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-85684652418082561082010-03-15T08:31:43.008-04:002010-03-15T08:31:43.008-04:00ogardener said...
@ Coy Ote said...
The Ice Man C...ogardener said...<br />@ Coy Ote said...<br /><br />The Ice Man Cometh!!<br />The news sources just keep spinning more yarns of world-saving sources of new energy!<br /><br />Oh Dog! Let me guess. China has found a way to bring up methane hydrate from the ocean floor without it melting.<br />============<br /><br />The Sea of Tibet is loaded with it. The original source was Yak farts.el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-11671492946587193172010-03-15T02:32:49.635-04:002010-03-15T02:32:49.635-04:00What awakens folks as, Ilargi vividly writes, “peo...<i>What awakens folks as, Ilargi vividly writes, “people like Dick Fuld and Tim Geithner walk all over our children's graves”. </i><br /><br />Now if he could say how far into the future those jokers or their offspring will be picking ourchildren's pockets, he would be saying a mouthful. Indeed he would.<br /><br />Read the Shadowstats article above, and if, as may be, Williams is right scrofuloushttps://www.blogger.com/profile/01085471693372823086noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-8284163144823067052010-03-14T23:08:55.610-04:002010-03-14T23:08:55.610-04:00@ Woody
"... will they not eventually use th...@ Woody <br />"... will they not eventually use those taxpayer-provided funds to stock up on non-toxic assets, just as Stoneleigh advises us to do? "<br />--- <br />They are ... check out what is happening in Africa.<br />They are also buying assets that can produce an income stream.<br /><br />They don't need bailing wire and duck tape, like us, to stay ahead of the game and jalhttps://www.blogger.com/profile/16969819389823705458noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-2824887599423582962010-03-14T23:07:14.784-04:002010-03-14T23:07:14.784-04:00Greenpa,
That sounds like a perfectly reasonable ...Greenpa,<br /><br />That sounds like a perfectly reasonable alternative path to the situation Gorton seemed to be predicting. Totally collapsed banking system or political system, works either way.<br /><br />Of course he who now gets to smoke the good stuff with a catchy name, will undoubtedly re-remind us that money was invented before doG created the universe and that humans will never give itPhlogiston Água de Beberhttps://www.blogger.com/profile/16269917130349144430noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-10800190142660901652010-03-14T23:05:52.536-04:002010-03-14T23:05:52.536-04:00@ the board...
Stoneleigh gave her presentation &q...@ the board...<br />Stoneleigh gave her presentation " Finanace and Energy" to a small group of my friends and neighbours in Guelph yesterday.<br />It is a meaty presentation, a lot to take in intellectually and emotionally for those hearing of the crisis for the first time.<br />It will not surprise the TAE community to learn she continued to demonstrate respect ,patience and the scandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-13759866404080787892010-03-14T23:01:53.075-04:002010-03-14T23:01:53.075-04:00@ Coy Ote said...
The Ice Man Cometh!!
Th...@ Coy Ote said...<br /><br /><i> The Ice Man Cometh!!<br /> The news sources just keep spinning more yarns of world-saving sources of new energy!</i><br /><br />Oh Dog! Let me guess. China has found a way to bring up methane hydrate from the ocean floor without it melting.ogardenerhttps://www.blogger.com/profile/16062788838505530416noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-66388609948947573082010-03-14T22:44:35.396-04:002010-03-14T22:44:35.396-04:00Greenpa @ 6:44
Your third option is another way o...Greenpa @ 6:44<br /><br />Your third option is another way of stating my concerns about timing def/inf scenarios. It would seem that the longer the charades continue maintaining this pseudo status quo, the more pressure builds along fault lines, and the more extreme the quake when it comes.<br /><br />If things happen too fast, as Stoneleigh considers in at least one primer if I recall correctly,Woodyhttps://www.blogger.com/profile/15645404787897496771noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-84324105517000770512010-03-14T19:59:01.996-04:002010-03-14T19:59:01.996-04:00The Ice Man Cometh!!
The news sources just keep sp...The Ice Man Cometh!!<br />The news sources just keep spinning more yarns of world-saving sources of new energy!<br /><br />China to develop new energy source - combustible ice<br />(natural gas hydrate)<br /><br />"Combustible ice" reserves on the Qinghai-Tibet Plateau are estimated to equal at least 35 billion tonnes of oil, which could supply energy to China for 90 years."<br /><Hombrehttps://www.blogger.com/profile/12930734368916487826noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-19503326994295773912010-03-14T19:29:55.034-04:002010-03-14T19:29:55.034-04:00jal @ 10:40 AM,
"Whatever it takes!" - ...jal @ 10:40 AM,<br /><br />"Whatever it takes!" - indeed, paraphrasing Helicopter Ben.<br /><br />Thanks for the zerohedge link on PDCF.<br /><br />Regarding inf/def, so far only part of the stimulus money and a very small part of the $24T bailouts has entered the general economy. Do I understand correctly? <br /><br />Of course, banker bonuses may be inflating yacht and insular Woodyhttps://www.blogger.com/profile/15645404787897496771noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-60471035622579179802010-03-14T19:21:32.584-04:002010-03-14T19:21:32.584-04:00If it's online, the 60 Minutes Segment Inside ...If it's online, the 60 Minutes Segment <i>Inside the Collapse</i> is worth watching.<br /><br />Now released, The Big Short by Micheal Lewis sounds like it's worth a read.memphishttps://www.blogger.com/profile/14679189378406297005noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-50640959013363793902010-03-14T18:44:44.585-04:002010-03-14T18:44:44.585-04:00Just for fun, I think the "inflate/deflate&qu...Just for fun, I think the "inflate/deflate" arguers need to add a third, extremely real, and likely, possibility.<br /><br />Destruction. As in, the issuing government dies, dead. Like Confederate dollars. Gone.<br /><br />Then it's square one, and I'll be paying my mechanic in eggs, apples, and pork.<br /><br />I mean, when Rush Limbaugh promises to leave the country, if Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-3172655530684287682010-03-14T18:38:48.716-04:002010-03-14T18:38:48.716-04:00Ron Rohrer, on a whim in November 1994, the Spring...Ron Rohrer, on a whim in November 1994, the Springboro resident started counting — and recording — daily push-ups. He’s averaged 404.92 per day since and hit 2,267,585 push-ups last Sunday. <br /><br />Rohrer: "I measured my chest. It was 34 inches (relaxed) when I started. I had my wife measure my chest two weeks ago and it’s 37." <br /><br /><a title="Man's push-up total 2.26 bluebirdhttps://www.blogger.com/profile/09600634086150466162noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-45550160417184884482010-03-14T18:35:35.860-04:002010-03-14T18:35:35.860-04:00Stoneleigh recommends stocking up on hard assets d...<i><br />Stoneleigh recommends stocking up on hard assets during deflation, but warns that the opportunity may not last long.</i><br /><br />I guess a decade is not too long, of course it is a couple years since that figure was mentioned; has she updated that estimate?scrofuloushttps://www.blogger.com/profile/01085471693372823086noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-73157300166855987822010-03-14T18:23:58.636-04:002010-03-14T18:23:58.636-04:00Hi Ilargi,
Not to nitpick but "If I ...Hi Ilargi,<br /> Not to nitpick but "If I can afford Johnny Cochran, all bets are off." should read: "If I can REVIVE Johnny Cochran, all bets are off." The man has been dead for five years...But indeed, all bets would be off with some kind of zombie-lawyer by your side...;)<br /><br />I apologize for such a light first post but I just couldn't resist!<br /><br />Chandoshttps://www.blogger.com/profile/06045262048881046526noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-45987115197750945582010-03-14T18:12:17.567-04:002010-03-14T18:12:17.567-04:00When you try to get credit now, there are only two...When you try to get credit now, there are only two levels.<br /><br />If you are an insider/criminal class member in good standing (1% -), you get credit at near zero percent interest. <b>Free Money</b> in other words.<br /><br />If you are outside the chosen criminal class circle (99%+) you have to effectively pay somewhere between 5% and double digit credit card rates for your credit, assuming Top Hat Cathttps://www.blogger.com/profile/18062738110354384414noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-87393728780330883152010-03-14T16:32:53.821-04:002010-03-14T16:32:53.821-04:00re: mish vs faber:
my impression is that the defl...re: mish vs faber:<br /><br />my impression is that the deflation side of the argument has the advantage of using overwhelming facts to lay out their case-- <br /><br />the inflationist argument relies more on ideologically induced opinion... they start with the conclusion that we will have hyperinflation and then contort/distort reality and data to get to their preconceived ends... they start deflationistahttps://www.blogger.com/profile/12493260004417743546noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-54240463134298215142010-03-14T16:09:24.515-04:002010-03-14T16:09:24.515-04:00Well, the really interesting part of the Toyota st...Well, the really interesting part of the Toyota story is that there are no reported incidents in Europe - but the same pedal being used in large parts of the model range. Honi soit qui mal y pense.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-24596966037250845722010-03-14T14:57:41.318-04:002010-03-14T14:57:41.318-04:00Darn it you Panamaniac Buzzard, between you and Th...Darn it you Panamaniac Buzzard, between you and The Chosen One my aging brain is being subjected to more high intensity storms than it has generally had to experience. Now as a quite unintended consequence, I find myself preparing to question a conclusion of The Illustrious Ilargi. And you know very well that can make him cranky. ;)<br /><br />Ilargi said we must "find back our moral fiber&Phlogiston Água de Beberhttps://www.blogger.com/profile/16269917130349144430noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-34654744919466506962010-03-14T10:50:57.219-04:002010-03-14T10:50:57.219-04:00How much can the market drop in one day?
Don’t wor...How much can the market drop in one day?<br />Don’t worry ... <br />A stop loss has been put in place <br /><br />“An 1,050-point drop in the DJIA before 2 p.m.”<br /><br />http://mondovisione.com/index.cfm?section=news&action=detail&id=87725 <br /><br />NYSE Announces First-Quarter 2010 Circuit-Breaker Levels<br />31/12/09<br /><br />The New York Stock Exchange will implement new jalhttps://www.blogger.com/profile/16969819389823705458noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-27843453458758216382010-03-14T10:40:47.272-04:002010-03-14T10:40:47.272-04:00Woody said...
A year ago I couldn’t have imagined...Woody said... <br />A year ago I couldn’t have imagined they would use $24T to prop up toxic assets, without even asking congress. In another year, might it be $240T<br />----- <br />You must have missed the announcements!<br /><br /><br />Do you remember the phrase, “What ever it takes!”<br /><br />Well the gov. had to change a few laws so that they would not be breaking the law.<br /><br />So, jalhttps://www.blogger.com/profile/16969819389823705458noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-51749476447326864722010-03-14T10:24:28.276-04:002010-03-14T10:24:28.276-04:00The future has arrived with the announcement of th...The future has arrived with the announcement of the <a href="http://www.youtube.com/watch?v=HHRKkXtxDRA&feature=player_embedded" rel="nofollow">first corporation</a> to run for office.Wyotehttps://www.blogger.com/profile/17639946106031416118noreply@blogger.com