tag:blogger.com,1999:blog-4921988708619968880.post5039095033314836740..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: Debt Rattle, July 9 2008: The year of everything elseIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger30125tag:blogger.com,1999:blog-4921988708619968880.post-16015781249162139002008-07-10T12:24:00.000-04:002008-07-10T12:24:00.000-04:00Drunk? or overload? Prefer drunk! , maybe I should...Drunk? or overload? Prefer drunk! , maybe I should take that as advice:) Dr. ilargi.<BR/><BR/>Naomi moment? As you say that is one but who would be the originator and define it? China or the West? So many things to wonder.<BR/><BR/>As far as skinning, it seems almost unavoidable, it is more the method and could be self inflicted. Walking the careful cliff edge of awareness, must not tip over intoAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-73720132768445140002008-07-10T11:30:00.000-04:002008-07-10T11:30:00.000-04:00Anon Reader,I'm not a fan of mutual funds, as you ...Anon Reader,<BR/><BR/>I'm not a fan of mutual funds, as you don't own assets directly (you only own a share in a fund that owns them), and you pay management fees for the privilege of not owning them yourself. Many mutual funds will simply be wallpaper at the end of the day.<BR/><BR/>As for 401K, for some people it may be worth taking the tax hit and for others perhaps not. It depends on your Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-76768450688515926302008-07-10T11:03:00.000-04:002008-07-10T11:03:00.000-04:00I think, from what I see here and beyond, that peo...I think, from what I see here and beyond, that people tend to underestimate the importance of the SHOCK in the doctrine. Pulling the plug on people's comfort zones and societies, from one moment to the next, is an integral part of it. So much so that anything that happens gradually, even over a few years time, does not qualify.<BR/><BR/>And while Katrina mat be seen as an opportunistic event, it Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-3142362575008357312008-07-10T10:38:00.000-04:002008-07-10T10:38:00.000-04:00Bigelow and Iowa Boy,I'd certainly second the reco...Bigelow and Iowa Boy,<BR/><BR/>I'd certainly second the recommendation for <I>The Shock Doctrine</I>. Much of it was simply brilliant, although the conclusion was a bit weak (in the sense that she didn't really follow through on her research to apply it to the present, and seemed to feel that activism might prevent such a thing happening here).<BR/><BR/>She made it quite clear, in example after Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-36768703376233634342008-07-10T10:19:00.000-04:002008-07-10T10:19:00.000-04:00Iowa Boy,Shock Doctrine is about furthering the le...Iowa Boy,<BR/><BR/>Shock Doctrine is about furthering the legalized strip mining of human society, not about building anything. Primarily it is the how-to plan for private wealth extraction from publicly held resources like water systems, timber, etc, at times of naturally or contrived human disaster and weakness. Systematic violence is a big part of it. It has been used on whole countries. If Bigelowhttps://www.blogger.com/profile/16883913065391637120noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-65019194174261983872008-07-10T09:49:00.000-04:002008-07-10T09:49:00.000-04:00I have not read Shock Doctrine ... but don't those...I have not read Shock Doctrine ... but don't those shocky plans depend on A.) available funds to build stuff and B.) folks who'd want to come to whatever was being built?<BR/><BR/> Thermodynamics assures the pool of the wealthy from this debacle will decrease over time ....https://www.blogger.com/profile/03915219261001181341noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-87108634776669492222008-07-10T07:18:00.000-04:002008-07-10T07:18:00.000-04:00There is one shock test case in the "West":“Akuno ...There is one shock test case in the "West":<BR/><BR/>“Akuno is referring to the Heritage Foundation's infamous post-Katrina meeting with the Republican Study Group in which participants laid out their plans to turn New Orleans into a Petri dish for every policy they can't ram through without a disaster.” <BR/>--<A HREF="http://www.naomiklein.org/articles/2007/12/shock-doctrine-action-new-orleans"Bigelowhttps://www.blogger.com/profile/16883913065391637120noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-80000217806980813422008-07-10T07:06:00.000-04:002008-07-10T07:06:00.000-04:00Does anyone foresee what might happen to the big m...Does anyone foresee what might happen to the big mutual fund companies such as Fidelity and Vanguard? Some people are turning away from the usual stock and bond mutual funds to stash their money into the government Treasury mutual funds. <BR/><BR/>My question - if most of the stock and bond mutual funds evaporate, would the Treasury mutual funds also evaporate which would then lead to the demise Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-22277404682271567422008-07-10T01:54:00.000-04:002008-07-10T01:54:00.000-04:00I have a question for the crew,should you feel so ...I have a question for the crew,should you feel so kind...Our hosts advise is guiding some of my actions.<BR/><BR/> How soon do you see Lehman bros going down?...and what would be the fate of 401k monies in accounts there?I could "borrow" the 10g I have in that account,and have it in cash...the payback comes out of my check...like 150 a week...wouldn't it be wiser to have the cash in hand...evenAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-85757873875916099562008-07-09T23:50:00.000-04:002008-07-09T23:50:00.000-04:00cr...there is, as you say, not only the common man...cr<BR/><BR/><I>...there is, as you say, not only the common man solution as to how long this will all go on, but, as well, it depends upon the bond market winds , how does one keep tabs of such a wind?</I><BR/><BR/>Have you been drinking, or is that me? I once more pointed out -well, I tried- that if you don;t do anything about it, they'll shave you, and close to the skin too.<BR/><BR/>The other Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-62068704547826004732008-07-09T21:56:00.000-04:002008-07-09T21:56:00.000-04:00Illargi and Stoneleigh,I have been getting your RS...Illargi and Stoneleigh,<BR/><BR/>I have been getting your RSS feeds for some time now. I would love to get in touch personally. Also, please see my site at www.creditwritedowns.com and my credit crisis timeline at http://www.creditwritedowns.com/2008/05/credit-crisis-timeline.html.<BR/><BR/>I look forward to chatting.<BR/><BR/>Ed H at creditwritedowns.comEdward Harrisonhttps://www.blogger.com/profile/06078305973678479125noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-64865155868694137472008-07-09T21:17:00.000-04:002008-07-09T21:17:00.000-04:00Paying financial assistance to unproductive farmer...Paying financial assistance to unproductive farmers in a hungry world is bizarre.<BR/>Equally bizarre is the G8 filibustre, thwarting action.<BR/>They really don't get the commonality of these crises( economic/environmental)<BR/>Real life surpasses fiction. Whodathunk it would unravel in this banal display of corrupted power. A common historical theme with apocalyptic consequences.<BR/>Ah scandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-38062154764320556092008-07-09T20:10:00.000-04:002008-07-09T20:10:00.000-04:00This whole F/F thing greatly depresses me. People ...This whole F/F thing greatly depresses me. People I know are good people going to work everyday, paying their taxes, paying for their kids college bills, and they have no idea what our failed leaders have done to them... Lucky us here, putting cash into safes and burying them in the bottom of our lily ponds. Thanks S & I. <BR/>KalpaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-50523887432434138722008-07-09T19:44:00.000-04:002008-07-09T19:44:00.000-04:00Sorry Greenpa,The comment should have been directe...Sorry Greenpa,<BR/><BR/>The comment should have been directed to anon.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-73320198056007418982008-07-09T19:42:00.000-04:002008-07-09T19:42:00.000-04:00Greenpa,As a construction plumber, I carry standar...Greenpa,<BR/><BR/>As a construction plumber, I carry standard tools in my truck which could defeat your lag bolt in less than 30 seconds. I think the key to protecting your ass(ets) is in successfully hiding them. Once discovered, any half-assed handyman can defeat them.<BR/><BR/>Tony S.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-90065874259129426542008-07-09T19:29:00.000-04:002008-07-09T19:29:00.000-04:00This here joint is starting to smell like the Bada...This here joint is starting to smell like the Bada Bing.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-70452031859788355572008-07-09T18:40:00.000-04:002008-07-09T18:40:00.000-04:00anonymous- well, the lagbolt does make a bit more ...anonymous- well, the lagbolt does make a bit more sense. I guess I just have a lot of faith in the inventiveness of thieves- if they can see it there- there has to be a way. One nice trick lots of folks know about is- liquid nitrogen. Easily stolen, at lots of places; and even non toxic! Pour it over the safe, slowly, then hit the safe with a sledge hammer- and the safe will usually shatterGreenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-28748527201077582092008-07-09T18:32:00.000-04:002008-07-09T18:32:00.000-04:00Greenpa, there are often places in the bottom of t...Greenpa, there are often places in the bottom of the portable safe that you can drill out to accept a lag bolt - and then you put the other end of the bolt into a concrete floor. The nut on the bolt resides inside a recessed area in the bottom of the safe, so only someone with a key can access it. That's one way you keep someone from walking off with one of these.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-41034143858895980742008-07-09T18:23:00.000-04:002008-07-09T18:23:00.000-04:00I just looked at poor Freddie Mac - I think the ch...I just looked at poor Freddie Mac - I think the chart from this week might be appearing in the dictionary entry for "dead cat bounce".<BR/><BR/> 33% down for the week and still two trading days left. Lovely, just lovely ....https://www.blogger.com/profile/03915219261001181341noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-19513782372242604152008-07-09T18:20:00.000-04:002008-07-09T18:20:00.000-04:00Oh, yeah; here's the California story- this is fro...Oh, yeah; here's the California story- this is from ABC, for crying out loud.<BR/><BR/>http://abcnews.go.com/GMA/story?id=4832471&page=1Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-8531413006706485152008-07-09T18:18:00.000-04:002008-07-09T18:18:00.000-04:00Don't tell me you missed this one!:http://www.tele...Don't tell me you missed this one!:<BR/><BR/>http://www.telegraph.co.uk/news/uknews/2066470/Safety-deposit-box-raids-yield-andpound1bn-of-drugs,-cash-and-guns.html<BR/><BR/>in the noise following that one, there were reports of police seizing safe deposit boxes in California too- "accidentally" opening innocent folks stuff-<BR/><BR/>I keep going back to the Chinese- survivors. I doubt the safe Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-17754019544363999362008-07-09T17:37:00.000-04:002008-07-09T17:37:00.000-04:00pardon, it destroyed the url. Click the link in my...pardon, it destroyed the url. Click the link in my header.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-75801688205213197542008-07-09T17:34:00.000-04:002008-07-09T17:34:00.000-04:00Do you know this article:http://www.whatreallyhapp...Do you know this article:<BR/><BR/><B>http://www.whatreallyhappened.com/ARTICLE2/doodoo.html</B><BR/><BR/>It describes why the America is in the hell pain.<BR/>I like the final gray paragraph.<BR/><BR/>Greetings from CzechiaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-38399857896679911302008-07-09T17:27:00.000-04:002008-07-09T17:27:00.000-04:00El Pollo,I would count on being cut off from your ...El Pollo,<BR/><BR/>I would count on being cut off from your safety deposit box. If banks close their doors due to bank runs, they aren't going to open them for you to visit a safety deposit box.<BR/><BR/>In fact, you could at some point be forced to open your safety deposit box in the presence of tax officials with confiscation-without-compensation in mind, as happened during the Great DepressionStoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-13560826566287043122008-07-09T17:22:00.000-04:002008-07-09T17:22:00.000-04:00I think that financial Armageddon can't be avoided...I think that financial Armageddon can't be avoided. Even when they'll get the whole taxes from everybody to fill the debt. Because this pit is too deep and the debt is too high to be filled. It's too late today...<BR/><BR/>They just can to delay the final fall for few weeks only. Because the financial system is not working already. Every time the day ends with the green indicators, the next day Anonymousnoreply@blogger.com