tag:blogger.com,1999:blog-4921988708619968880.post396698780699540835..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: Debt Rattle, October 5 2008: In Your FaceIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger51125tag:blogger.com,1999:blog-4921988708619968880.post-89293265851340782182008-11-22T21:03:00.000-05:002008-11-22T21:03:00.000-05:00I found this really interesting:"Obama motivates D...I found this really interesting:<BR/><BR/>"Obama motivates D.C. to initiate new lower and middle class bailout"<BR/><BR/><A HREF="http://moneyloansfinance.blogspot.com/" REL="nofollow">Obama's Taxpayer Bailout</A>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-16292533240067242092008-10-06T19:04:00.000-04:002008-10-06T19:04:00.000-04:00So it's clear: What I meant by a homogeny is that...So it's clear: What I meant by a homogeny is that, to get from one end of the continental United States to the other, you have one country -- one entity. If you need to get everything from food to cars to whatever from place to place, you don't have to worry about crossing six national borders like you would if you're in Europe.Starcadehttps://www.blogger.com/profile/09226367306835781483noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-41263105407818609732008-10-06T14:27:00.000-04:002008-10-06T14:27:00.000-04:00RumorDidn't you see? No Canada savings bonds for y...Rumor<BR/><BR/><I>Didn't you see? No Canada savings bonds for you (or me) - .</I><BR/><BR/>Not before showing up at the bank branch.<BR/><BR/><I> - the new campaign has been "postponed". Whatever the hell that means.</I><BR/><BR/>It means that they are trying to forestall a bank run. Seems to me, though, that this will only exacerbate the situation because people like me, having been denied Farmerodhttps://www.blogger.com/profile/03492165772535123915noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-25004843307030898282008-10-06T14:04:00.000-04:002008-10-06T14:04:00.000-04:00@ snuffy, your comments are always very telling. W...@ snuffy, your comments are always very telling. <BR/>What brand li ion solar solar batttery charger...I have yet to find a solar battery charger that charges li ions, let me know if you found a good one.<BR/>Thanksrachelhttps://www.blogger.com/profile/15572854888730065806noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-15801605575853701422008-10-06T13:21:00.000-04:002008-10-06T13:21:00.000-04:00OC,Didn't you see? No Canada savings bonds for you...OC,<BR/><BR/>Didn't you see? No Canada savings bonds for you (or me) - the new campaign has been "postponed".<BR/><BR/>Whatever the hell that means.Unknownhttps://www.blogger.com/profile/15614205920972531674noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-55042346861744593642008-10-06T12:23:00.000-04:002008-10-06T12:23:00.000-04:00CR & othersJust FYI, I sold my German Treasuri...CR & others<BR/><BR/>Just FYI, I sold my German Treasuries on the secondary market this morning and converted to USD into my USB sweep. As soon as they settle, it all goes into Treasury Direct 90 day bills, hopefully before Switzerland looks at a UBS bailout and shrugs. Any company that would hire Phil Gramm has to be corrupt to the core. After that, I will try to figure out how to el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-87199342309127409512008-10-06T12:09:00.000-04:002008-10-06T12:09:00.000-04:00Linda, From Market Ticker"Pegging prices between 9...Linda, <BR/><BR/>From Market Ticker<BR/><BR/>"Pegging prices between 92 and 94 cents on the dollar. CDS written on Freddie senior and subordinated debt are higher than those written on Fannie. For Freddie, price on senior debt is 93.75 cents and on subordinated, 93.8 cents. For Fannie, its 92.4 cents and 92.65 cents. Final results at 4:00 p.m."<BR/><BR/>Looks phony to me; I guess Paulson and Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-89177899607329053232008-10-06T11:39:00.000-04:002008-10-06T11:39:00.000-04:00Update from Denmark.http://politiken.dk/newsinengl...Update from Denmark.<BR/><BR/>http://politiken.dk/newsinenglish/article578293.ece<BR/><BR/>They write in that article about a 6% loss on the main C20-index (...explained in link), but it has now evolved into an incredible 11% fall in the index - the greatest daily loss ever recorded in danish financial history.<BR/><BR/>I ponder about what it will be like tomorrow.<BR/><BR/>/Jesper.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-34714314850105181232008-10-06T11:34:00.000-04:002008-10-06T11:34:00.000-04:00François,Thanks for posting those debt to GDP fig...François,<BR/><BR/>Thanks for posting those debt to GDP figures. I will save that among other things so that on those long evenings in my mud wattle hut by tallow light I can amuse myself trying to figure out what the hell happened.<BR/><BR/>Sorry about that , just trying to get into the proper doomer spirit for what seems, on site, to be the flavour of yesterday and now again today.<BR/><BR/>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-78754986802820028612008-10-06T11:16:00.000-04:002008-10-06T11:16:00.000-04:00I must again thank Stoneleigh and Ilargi for their...I must again thank Stoneleigh and Ilargi for their fine work here - I've garnered a good two dozen articles for DailyKos based on their work. As the first coherent reporter on the financial mess communicating it in a personal and strategic rather than analytical way I dare say I've had a bit of influence on the community. Some innocents who'd have been mowed down have been protected and when the .https://www.blogger.com/profile/03915219261001181341noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-10540630472107572582008-10-06T11:14:00.000-04:002008-10-06T11:14:00.000-04:00Happy First-Day-To-Buy-Canada-Savings-Bonds Day, a...Happy First-Day-To-Buy-Canada-Savings-Bonds Day, all you Canadians!<BR/><BR/>(Also happy birthday to IntoControl! Guess what she's getting.)Farmerodhttps://www.blogger.com/profile/03492165772535123915noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-67456762095059990422008-10-06T11:11:00.000-04:002008-10-06T11:11:00.000-04:00Illargi,Don't know if you'll address this today (M...Illargi,<BR/><BR/>Don't know if you'll address this today (Monday), but I thought I read somewhere that today Monday Oct. 6 is the day of the CDS auctions for Fannie and Freddie. Supposedly Lehman is Oct. 10 and WaMu is Oct. 23. Now I can't find where I read these dates. Is this true? Is there any way to find out what is going on with these auctions?<BR/><BR/>Thanks.<BR/>Linda S.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-53316200919708138672008-10-06T10:47:00.000-04:002008-10-06T10:47:00.000-04:00anon 10:23Please pick up a handle, just for clarit...anon 10:23<BR/><BR/>Please pick up a handle, just for clarity<BR/><BR/>"Anyway, what I'm thinking about right now is that there are some nations who are strong economically even as Europe and the US are failing. Everyone seems to be ignoring that or perhaps it's too unpleasant to think about."<BR/><BR/>Who are you thinking about specifically? The only major currency that has firmed against the el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-37121956250377603382008-10-06T10:23:00.000-04:002008-10-06T10:23:00.000-04:00Snuffy I wish we were next door neighbors. I ha...Snuffy<BR/> I wish we were next door neighbors. I have a feeling we could get along fine. And having relocated recently to prepare for this future, I could use a new friend--Stoneleigh you're right about that aspect of reestablishing oneself after a move. <BR/> Anyway, what I'm thinking about right now is that there are some nations who are strong economically even as Europe and the US Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-3161105071375804612008-10-06T07:31:00.000-04:002008-10-06T07:31:00.000-04:00"But the one thing the US has on Europe is a homog..."But the one thing the US has on Europe is a homogeny, as long as they can hold on to it and social order. Europe, I fear, will not be as lucky."<BR/><BR/>Are you kidding me - the country in which every election is basically a 50/50 crapshoot is more homogenous than us ? The US is still divided along the same fault-line as in the 1860's. And then there's the hispanics. They got forcibly deported Tyrhttps://www.blogger.com/profile/13323557695349223393noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-61216283233542180652008-10-06T04:59:00.000-04:002008-10-06T04:59:00.000-04:00anonymous vis-a-vis fear: Sorry, I've seen it out...anonymous vis-a-vis fear: Sorry, I've seen it out there. There are so many people out there with absolutely nothing to lose, and not a care in the world.<BR/><BR/>Frankly, you _should be_ damned afraid if you can't adequately defend yourself right now. Fear is a great motivator -- use that motivation with what little time is left.<BR/><BR/>And, if not keeping one's cool will get me killed, Starcadehttps://www.blogger.com/profile/09226367306835781483noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-67926260603159604042008-10-06T03:51:00.000-04:002008-10-06T03:51:00.000-04:00Thought I would stick my head out too. I have a li...Thought I would stick my head out too. I have a little baby and so cannot search for info as much as I would like but I have been surprised at how well people are taking this so far.<BR/><BR/>I guess denial is key.<BR/><BR/>Seems like I haven't heard much about Africa or the Middle East. Seems to me, Africa would be the first place we see an uptick in violent reaction to financia downturns? I Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-10662108799375614762008-10-06T03:36:00.000-04:002008-10-06T03:36:00.000-04:00Hello,Throwing wild figures around (50 to 100 mill...Hello,<BR/><BR/>Throwing wild figures around (50 to 100 million dead in Europe) does nothing to further our understanding of the problems here. Secondly, it is not bailouts that will push countries out, it is their capacity to accept the rates set by the BCE.<BR/><BR/>Concerning Europe and in response to Tyr and Nassim, I made a very late comment (the last one) in the 4 Oct. issue. I am not sure Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-70721943479419096012008-10-06T01:31:00.000-04:002008-10-06T01:31:00.000-04:00The Asian markets are collapsing as I write this. ...The Asian markets are collapsing as I write this. Hang Seng (China) is down 3.35% already (592 points). The Nikkei (Japan) is down 4.62% (505 points). Every other Asian index that is open is down, in a large way.<BR/><BR/>Somehow I get the impression that the global finance market doesn't think much of Paulson's rescue plan.Greyzonehttps://www.blogger.com/profile/03675706201111951125noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-26738510185362467502008-10-06T00:50:00.000-04:002008-10-06T00:50:00.000-04:00Long time lurker uncloaksSnuffy said:"That Eu...Long time lurker uncloaks<BR/><BR/>Snuffy said:<BR/><BR/>"That Europe appears to be imploding the same as we,is revealing.My guess is there is similar financial WMD's in every banking system in the world.No escape."<BR/><BR/>Well the Europeans are highly leveraged and had some huge housing bubbles of their own. Also in an interview I saw this week it was stated that 2/3's of theAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-52997450661554887702008-10-05T23:57:00.000-04:002008-10-05T23:57:00.000-04:00OuttacontrolClearing and planting land doesn't sou...Outtacontrol<BR/><BR/>Clearing and planting land doesn't sound like forced labor. :~) I'm aleady learning and preparing for that. The more I think about this, the more pissed off I become which just means that I dig my heels in and find a way to organize my neighborhood if needed. Never have been good at following. Can't seem to march in a straight line either.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-52297826140527584122008-10-05T22:27:00.000-04:002008-10-05T22:27:00.000-04:00Minimizing your interactions with unknown folks im...Minimizing your interactions with unknown folks improves your odds.Beans and rice are still cheap and avalible now.[I can even load up on brown rice now,as its best used in 6 months]<BR/><BR/> Keep way Low profile.Make the exterior of your place look deserted.Dress poor,and rough.Speak to none about what you have squirreled away.If your still driving,drive a beater.Few will attack a house with Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-50967949289576622202008-10-05T21:53:00.000-04:002008-10-05T21:53:00.000-04:00When I wish upon a tombCR - that is freakin' hilar...<I>When I wish upon a tomb</I><BR/><BR/>CR - that is freakin' hilarious!!Farmerodhttps://www.blogger.com/profile/03492165772535123915noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-83932840637568049772008-10-05T21:51:00.000-04:002008-10-05T21:51:00.000-04:00Sparkle said I'd rather live in a tent and be free...Sparkle said <I>I'd rather live in a tent and be free than rounded up and used as forced labor</I><BR/><BR/>By forced labor do you mean tilling land, planting food, harvesting etc? 'Cause that kinda sounds like my <I>volunteer</I> labor plan. <BR/><BR/>But, let's face it: life will be in tents for a lot of people. <BR/><BR/>And, as <A HREF="http://www.tednugent.com/Store/Product.aspx?id=Farmerodhttps://www.blogger.com/profile/03492165772535123915noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-40843999804766667092008-10-05T21:21:00.000-04:002008-10-05T21:21:00.000-04:00Oh horrors a "Creature From the Dark LATOC" singin...Oh horrors a "Creature From the Dark LATOC" singing "When I Wish Upon a Tomb".<BR/><BR/>Easy there Starcade, whoa big fella I don't mean to ride you on this (I just can't resist ) but on this continent until we don't have enough fuel for farm machinery and every last combine harvester has puffed it's last monoxide there will be food. Maybe not, high on the hog, food, but food. That food will, Anonymousnoreply@blogger.com