tag:blogger.com,1999:blog-4921988708619968880.post47008548903478431..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: September 2 2009: Slow Boat to Rare EarthIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger133125tag:blogger.com,1999:blog-4921988708619968880.post-16769431358526728982009-09-03T23:39:14.763-04:002009-09-03T23:39:14.763-04:00You walk away Humongous,and will spare yours.....
...You walk away Humongous,and will spare yours.....<br /><br /> I recall he had a bad ending...Living by the sword and all that...<br /><br />snuffysnuffynoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-74990490551609633912009-09-03T12:40:01.834-04:002009-09-03T12:40:01.834-04:00Better bone up on survivor man series....you might...Better bone up on survivor man series....you might need those skills in 20 years or less.<br /><br />This whole thing is going to collapse at some point, and the little guy should do just like Humongous says in "The Road Warrior"...just walk away and I'll spare your lives.Humongoushttp://www.guitarlots.comnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-7170359853932965152009-09-03T09:44:42.143-04:002009-09-03T09:44:42.143-04:00@thethirdcoast
That would be Mrs. Peel instead of...@thethirdcoast<br /><br />That would be Mrs. Peel instead of Ms.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-91208124663080798702009-09-03T08:22:50.165-04:002009-09-03T08:22:50.165-04:00El G,
My concern with these accounts is that they...El G,<br /><br />My concern with these accounts is that they represent claims to real wealth that will probably be extinguished in the kind of free-for-all wealth grab that I expect to see develop once people realize that there are vastly more claims to real wealth then unnderlying real wealth. When that happens, pressing one's claim will be exceptionally difficult for the little guy. Even Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-1690274727907953202009-09-03T08:13:29.800-04:002009-09-03T08:13:29.800-04:00New post up.New post up.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-51073642592788751472009-09-03T07:32:52.758-04:002009-09-03T07:32:52.758-04:00Or you can always move your ass and wealth to Swit...Or you can always move your ass and wealth to Switzerland.<br /><br />http://www.bloomberg.com/apps/news?pid=20601087&sid=ae3NU.gekp.0el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-69320693673327785982009-09-03T07:19:51.154-04:002009-09-03T07:19:51.154-04:00Well, I am happy to see this sub-thread on the lim...Well, I am happy to see this sub-thread on the limiting or possibly confiscating of tax deferred retirement accounts, though I could do without the vituperation and personal insults.<br /><br />As mentioned, I am advising my over 60.5 friends to bite the bullet, pay those deferred taxes that they conveniently forgot that they never paid, and get out. I am even suggesting to my younger, 50 el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-36531656169185815072009-09-03T06:45:13.297-04:002009-09-03T06:45:13.297-04:00Spice said:
"Solar powered with two panels a...Spice said:<br /><br />"Solar powered with two panels and 24 battery storage bank."<br /><br />What sort of batteries do you use? I have been curious about PV but the battery issue and maintenance scares me off as I am away frequently and cannot give adequate supervision. A few weeks ago there was mention of Nickel Iron batteries that apparently can function below freezing and cavemannoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-73406359534877726002009-09-03T06:30:12.448-04:002009-09-03T06:30:12.448-04:00Spice said:
"7. House heated by wood (mostly...Spice said:<br /><br />"7. House heated by wood (mostly now trees that Greenpa planted). Also cook with said wood on a Canadian built Gempac wood cook stove 8 months. Propane during summer.<br /><br />14. We have dogs and cats for companionship and working animals."<br /><br />What species of trees are you harvesting for wood at < 30 years? I am gradually replacing an accidental (cavemannoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-50371839967298416612009-09-03T03:09:31.865-04:002009-09-03T03:09:31.865-04:00Throughout history China has shown a willingness t...Throughout history China has shown a willingness to sacrifice the populace. (The old Confucian culture would have encouraged this.) The communist leaders have shown that they also will do so. And that they could not possibly care less what the rest of the world thinks of them. And, are as pragmatic as US leaders are delusional.<br /><br />While the US pretends its dollars are real wealth, China ccpohttp://aperfectstormcometh.bogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-13372364818276101762009-09-03T01:48:05.532-04:002009-09-03T01:48:05.532-04:00An anon said:
"@Ilargi, I think that when you...<b>An anon said:</b><br /><i>"@Ilargi, I think that when you say that the Americans are interested primarily in profit and not power is a gross simplification of things. They certainly are not in Iraq or Iran to turn a profit. They are there to control strategic oil and gas reserves. Financing two wars is costly, but the Americans call the shots there, not the Chinese."</i><br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-37175097308040966672009-09-03T01:45:00.529-04:002009-09-03T01:45:00.529-04:00"Which once again goes to show that all Hemin..."Which once again goes to show that all Hemingways are sissies and girlie boys. Even the women."<br /><br />Jeesh dude. Cappin' on one of your most ardent supporters? Get some prozac and some therapy.<br /><br />If Ernest were alive he'd aim his shotgun at your remaining testicle for jabber like that.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-45919305292821882092009-09-03T01:26:22.219-04:002009-09-03T01:26:22.219-04:00To anonymous 12:44,
I can't remember if it...To anonymous 12:44,<br /><br />I can't remember if it's a recommendation I got at TAE or elsewhere, but I think the book Poorly Made in China will explain a great deal of what Ilargi is talking about to you. I just got done reading it and it's a hugely eye opening read. It's written by a guy who lived in China and helped US importers who shifted production to China. The stories Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-88290548872973830052009-09-03T01:06:52.616-04:002009-09-03T01:06:52.616-04:00@ David
I think we all can all agree that, wester...@ David<br /><br />I think we all can all agree that, western governments, with their access to taxpayer wealth, are the only significant source of credit left in the western world. In the absence of continuous government borrowing and monetary infusion, the veneer of normalcy we've all come to know and love would vanish in a heartbeat. Even Ben Bernanke, of all people, would admit that Erin Winthropehttps://www.blogger.com/profile/17535747338165517395noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-86328310925726736732009-09-03T01:00:54.589-04:002009-09-03T01:00:54.589-04:00This comment has been removed by the author.Erin Winthropehttps://www.blogger.com/profile/17535747338165517395noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-34665768679171444272009-09-03T00:54:18.111-04:002009-09-03T00:54:18.111-04:00America's consumption-based economy has been p...America's consumption-based economy has been proven to be unsustainable as an economic model. Infinite growth and consumption in a closed, finite system (Earth) cannot go on forever. The limits are now evident for all to see. This century is the sunset era for carbon man and his technologies that have externalized and raped the natural world. Collectively speaking, modern hydro-carbon man is Mikehttps://www.blogger.com/profile/12851980585077686577noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-76534187783126921452009-09-02T23:58:59.145-04:002009-09-02T23:58:59.145-04:00Ed Gorey said:
I'd encourage everyone who is ...Ed Gorey said:<br /><br /><i>I'd encourage everyone who is interested in this topic to check-out the details of their 401K plan. You'll probably find that your investment options are quite limited. It's important to understand that you don't get to choose your company's 401K plan manager.</i><br /><br />Yes, by all means, check your account's investment rules. You'll Ventriloquisthttps://www.blogger.com/profile/17710882943614273994noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-5279931418772831082009-09-02T23:58:40.655-04:002009-09-02T23:58:40.655-04:00Spice/Greenpa:
That is outstanding--that's tr...Spice/Greenpa:<br /><br />That is outstanding--that's tremendous discipline. So I take it you are old school 70's environmentalists? You certainly practice what you preach.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-63146657364967088502009-09-02T23:36:04.853-04:002009-09-02T23:36:04.853-04:00I think that you have a fairly wide range of choic...I think that you have a fairly wide range of choices with IRA's - after all, you choose the IRA managing entity. With 401k's, not so much choice; the company you work for chooses the managing entity, and their interests are usually convenience and low overhead. At my workplace I believe that all the 401k choices are in the market to some degree, and I know for a fact that there are no Rototillermannoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-24995117252563218462009-09-02T23:29:56.993-04:002009-09-02T23:29:56.993-04:00Hello Ilargi,
:O I see about the articles! I'...Hello Ilargi,<br /><br />:O I see about the articles! I'm actually seeing a video on body langauge by Desmond Morris, shot in 1994. The Human Animal - The Language of the Body. Fascinating stuff! <br /><br />I wonder also how internet addicts like myself are going to cope in the future? I can't but help myself logging on, through the laptop or a mobile. I wonder what would happen to my VKnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-26866737846957387182009-09-02T23:13:49.140-04:002009-09-02T23:13:49.140-04:00"VK said...
This has been a seriously slow we...<i>"VK said...<br />This has been a seriously slow week for news!"</i><br /><br />Not If you could see the dozens of articles I've thrown away just today.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-72242093499955383782009-09-02T22:57:16.796-04:002009-09-02T22:57:16.796-04:00This has been a seriously slow week for news!This has been a seriously slow week for news!VKnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-67006878270056307442009-09-02T22:30:55.767-04:002009-09-02T22:30:55.767-04:00"America fell victim to the diminishing retur..."America fell victim to the diminishing returns of complexity a long time ago. You can only escape this by simplifying, but that is never done on a voluntary basis. It requires a systemic crash."<br /><br />Weeel. It CAN be done voluntarily, at least individually.<br /><br />I once found myself on a tour of an industrial Bacillus thuringensis production plant. In China. Just the HeadGreenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-75453018751564224272009-09-02T22:12:49.346-04:002009-09-02T22:12:49.346-04:00The Tragedy of Previous Investments
AND
"Am...<i>The Tragedy of Previous Investments</i><br /><br />AND<br /><br />"America fell victim to the <i>diminishing returns of complexity</i> a long time ago. You can only escape this by simplifying, but that is never done on a voluntary basis. It requires a systemic crash."<br /><br />Jim Kunstler's TPI was the precursor to today's DRC.<br /><br />Well, actually, they probably Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-42340159096782899212009-09-02T22:10:07.928-04:002009-09-02T22:10:07.928-04:00Re: 401K/IRA criticism
On the most basic level, ...Re: 401K/IRA criticism<br /><br />On the most basic level, the 401K/IRA option violates the "something for nothing rule."<br /><br />tax deferred savings = something<br /><br />penalty = loss of control<br /><br />Control (of assets, living arrangement, job/career, etc.) will be very valuable in the months and years ahead. All of us will be losing a great deal of the control we'veErin Winthropehttps://www.blogger.com/profile/17535747338165517395noreply@blogger.com