tag:blogger.com,1999:blog-4921988708619968880.post6275951835993630100..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: August 29 2010: One more time: GDP and CMIIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger44125tag:blogger.com,1999:blog-4921988708619968880.post-55693750540639341362010-09-02T20:27:25.004-04:002010-09-02T20:27:25.004-04:00obviously i like the Benton idea -- indeed have f...obviously i like the Benton idea -- indeed have fantasized about it regularly -- of a Wikidossier/GoogleEarth/AK-47.us/RT -type joint venture at the behest of The Populist Process.<br /><br />Blankie? Score!<br />Little Timmy? Next!<br />UBS patent lawyer? Price of doing business, man! <br /><br />snuff videos, naturally, with comments. separate monthly prizes for best play-by-play and color benhttps://www.blogger.com/profile/07338619620804720116noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-64524716758658485472010-09-01T02:35:12.850-04:002010-09-01T02:35:12.850-04:00Thanks for posting the ProPublica article on "...Thanks for posting the ProPublica article on "self-dealing" by the bankmaggots. <i>(My neologism, not theirs.)</i> I finally had some time and focus to read its long self, and it was fascinating.<br /><br />The CDO thing sounds like a giant cheque-kiting scheme. Only instead of a grifter writing a bad cheque from one bank to pay off another bank, and then writing a cheque from a third Bukko Boomerangerhttps://www.blogger.com/profile/02424677168216647964noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-17434891031807387152010-08-31T23:12:45.807-04:002010-08-31T23:12:45.807-04:00@ Ventriloquist
Hope springs eternal, eh? Not onl...@ Ventriloquist<br /><br />Hope springs eternal, eh? Not only do you hope to remain well fed, but also innocent of whence the victuals came. Pray tell where you get your hopium supply?<br /><br />As to jaundice, I'll take that over myasthenia any day. If by chance, Lord Blankenstein bought Michael Foods for the purpose of establishing a Soylent Green factory. I hope he sends you the tube Phlogiston Água de Beberhttps://www.blogger.com/profile/16269917130349144430noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-65463438323613683242010-08-31T20:49:59.656-04:002010-08-31T20:49:59.656-04:00I.M. Nobody said:
What is certain is that Lord Ch...I.M. Nobody said:<br /><br /><i>What is certain is that Lord Charon and his agent The Grim Reaper are doing their best to prepare for a level of business such as they have never seen.</i><br /><br />So, maybe you have a certain jaundiced point of view.<br /><br />Maybe Lord Charon and the Grim Reaper will be subsumed into the grand fog that . . . <br /><br /> . . . Lord Blankfein has put into Ventriloquisthttps://www.blogger.com/profile/17710882943614273994noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-13087655040602312352010-08-31T17:30:31.986-04:002010-08-31T17:30:31.986-04:00Ilargi's photo choice for the post comes as qu...Ilargi's photo choice for the post comes as quite a coincidence. Just over two weeks ago Ole Nobody had a close encounter with the grimmest of reapers. Beckoning me to follow him. Off in the distance a low rumble arose as Lord Charon warmed up the twin diesels on his new luxurious ferry boat. With all the business he's expecting, he needed to upgrade to encourage faster loading and travelPhlogiston Água de Beberhttps://www.blogger.com/profile/16269917130349144430noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-52178941179588394452010-08-31T15:54:35.891-04:002010-08-31T15:54:35.891-04:00There is a lot more of info but nothing that says ...There is a lot more of info but nothing that says we are out of the depression.<br />http://www2.fdic.gov/qbp/2010jun/qbp.pdf <br /><br />FDIC Quarterly Banking Profile <br />SecondQuarter 2010 <br /><br />The number of FDIC-insured institutions reporting financial results fell by 104 in the second quarter, from 7,934 to 7,830.<br /> <i>(# of operating banks)</i><br /><br />This is the first timejalhttps://www.blogger.com/profile/16969819389823705458noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-70285510437828001292010-08-31T15:46:39.558-04:002010-08-31T15:46:39.558-04:00Hi WgS,
Appreciate your analysis of the "cul...Hi WgS,<br /><br />Appreciate your analysis of the "cultish charge." For me, the difference between a cult and a society with a strong set of norms is the cult hides its agenda and activities to newcomers.<br /><br />That said, the unconscious agendas and ignorance of harmless-appearing societies are hard to deal with when they constitute danger to others. When I worked on a farm lastRichttps://www.blogger.com/profile/01092313041560676587noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-26782484208402179382010-08-31T15:06:48.913-04:002010-08-31T15:06:48.913-04:00Who puts the 'Cult' in Permaculture?
Last...<b>Who puts the 'Cult' in Permaculture?</b><br /><br />Last year, Sharon Astyk looked critically at the Permaculture movement and its failure to connect with mainstream America. Considering her comments led me to question Permaculture advocates at different communities as well as mainstream Americans who interacted with them briefly. From the latter group, I found consistent perceptionsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-79018486180981172010-08-31T14:46:13.959-04:002010-08-31T14:46:13.959-04:00"Having said that, when empires collapse, the..."<i>Having said that, when empires collapse, there is a chance that something good may come of it.</i>"<br /><br />Come on Grey get your objectivity cap on!!!<br /><br />If you are talking about collapse, and not some sort of slow resource devouring pollution filled slide to oblivion, there is not much that could be better for life on this planet than a sudden collapse. If on the otherscrofuloushttps://www.blogger.com/profile/01085471693372823086noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-60859372797939680192010-08-31T12:43:40.946-04:002010-08-31T12:43:40.946-04:00Glennjeff asks
Is it true that, whilst the axonal...Glennjeff asks<br /><br /><i>Is it true that, whilst the axonal parts of the CNS are hard wired, the dendritic parts of the brain are constantly rewiring in adaptive response to environmental challenges such as learning new skills? </i><br /><br />Pretty much, within broad limits.<br /><br />See book <i>The Brain that Changes Itself</i> by Norman Doidge<br /><br />and/or various speeches by mistah charley, ph.d.https://www.blogger.com/profile/06303695341246058680noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-20902193101836887822010-08-31T10:18:45.575-04:002010-08-31T10:18:45.575-04:00Do you like to hear what William K. Black has to s...Do you like to hear what William K. Black has to say? <br /><br />http://www.benzinga.com/life/politics/10/08/447366/why-covering-up-fraud-losses-impairs-economic-recovery-part-one <br /><br />Part One: The Unbearable Lightness of the Accounting Cover Upjalhttps://www.blogger.com/profile/16969819389823705458noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-14055502582246830642010-08-31T09:41:37.427-04:002010-08-31T09:41:37.427-04:00Many of the people who fled Sujawal and Thatta hea...Many of the people who fled Sujawal and Thatta headed to Makli necropolis. “About half a million flood victims are camped out in Makli,” Baksh said. Most lack any form of shelter and are desperate for food and water. <br /><br /> Road closed: An AFP reporter said the road linking Thatta with Sujawal had been flooded and closed to all vehicular traffic, while a senior city official Hadi Bakhsh jalhttps://www.blogger.com/profile/16969819389823705458noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-7401215383475760152010-08-31T09:40:00.865-04:002010-08-31T09:40:00.865-04:00scandia said...
This all leads to the discussion ...scandia said...<br /><i> This all leads to the discussion on TAE a couple of days ago about " reset ". The Baker article did cause reflection in that I realized I have been " reset". I no longer want what Mr. Baker wants. I welcome a change in language in that I am not a pessimist nor a doomer. I am a " resetter ".</i><br /><br />You are right! <br /><br />We are notjalhttps://www.blogger.com/profile/16969819389823705458noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-42288976892102691412010-08-31T03:52:34.688-04:002010-08-31T03:52:34.688-04:00Alex,
The CMI Growth Index started in 2005, as fa...Alex,<br /><br />The CMI Growth Index started in 2005, as far as I know.<br /><br /><br />.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-67688471498849421212010-08-31T03:51:38.620-04:002010-08-31T03:51:38.620-04:00"JMM said...
Is it a bit strange that AE bash...<i>"JMM said...<br />Is it a bit strange that AE bashes America and the gov't but never focuses on how the EU and the euro is just as bad, if not worse?"</i><br /><br />1) We don't bash America.<br /><br />2) We focus more on Europe than any finance site I know.<br /><br />3) 95%+ of our readership is in the US.<br /><br />.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-83412531234875862252010-08-31T03:00:03.330-04:002010-08-31T03:00:03.330-04:00Hi Ilargi,
I was questioned, why the CMI index is...Hi Ilargi,<br /><br />I was questioned, why the CMI index is not stretched longer into the past with a notice, that they have probably good reason for that (possibly lower correlation). I doubt it.<br /><br />However, the long-term data are not available/accessible? Thanks, AlexAlexander Achttps://www.blogger.com/profile/16845172528191878930noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-31850721472492639672010-08-31T02:37:49.461-04:002010-08-31T02:37:49.461-04:00I am a regular reader of Jesse at Le Cafe Americai...I am a regular reader of Jesse at Le Cafe Americain, in particular his recommended readings, " Matieres a Reflexion". <br />Jesse recommends " Pierce the Housing Bubble" by Dean Baker.I was surprised it made the cut.<br />Firstly I thought the housing bubble has already been pierced causing the deleveraging crisis of the day? His advice to pierce it seems a tad behind the scandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-75514782539772513002010-08-30T21:44:36.278-04:002010-08-30T21:44:36.278-04:00Tx Greyzone,
Read your response and proposal on t...Tx Greyzone,<br /><br />Read your response and proposal on the Fed.<br /><br />There is a certain logic here...<br /><br />...but IMO subscribing to your hypothesis depends on assuming powers that the Fed may not have.<br /><br />I remain agnostic on the inflation/deflation issue.<br /><br />I do however believe that the World is big and that even modest trends over time, if persistent, are Tom Therramushttps://www.blogger.com/profile/01955050476386723591noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-42224380908481622252010-08-30T21:42:18.375-04:002010-08-30T21:42:18.375-04:00"Everybody Knows"
Everybody knows that ..."Everybody Knows"<br /><br />Everybody knows that the dice are loaded <br /><br />Everybody rolls with their fingers crossed <br /><br />Everybody knows that the war is over <br /><br />Everybody knows the good guys lost <br /><br />Everybody knows the fight was fixed <br /><br />The poor stay poor, the rich get rich <br /><br />That's how it goes <br /><br />Everybody knows <br /><Ventriloquisthttps://www.blogger.com/profile/17710882943614273994noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-38143489594268187952010-08-30T21:09:15.576-04:002010-08-30T21:09:15.576-04:00D Benton Smith
I'll second that motion on the...D Benton Smith<br /><br />I'll second that motion on the List of Names.<br /><br />If you need someone to compile them then weakenthebeast-located at-geemayl=dawt-com will be enthusiastic.Glennjeffhttps://www.blogger.com/profile/11717673597621943322noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-84203824704188636862010-08-30T19:55:49.747-04:002010-08-30T19:55:49.747-04:00Is it true that, whilst the axonal parts of the CN...Is it true that, whilst the axonal parts of the CNS are hard wired, the dendritic parts of the brain are constantly rewiring in adaptive response to environmental challenges such as learning new skills?Glennjeffhttps://www.blogger.com/profile/11717673597621943322noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-24720381426848013152010-08-30T19:45:26.969-04:002010-08-30T19:45:26.969-04:00Here in NZ, the government has decided not to exte...Here in NZ, the government has decided not to extend and pretend afterall, and is letting finance company South Canterbury Finance die. Some commentary from interest.co.nz:<br /><br />"New Zealand could not afford another zombie institution to stagger on allowing New Zealand's over-indebted rural sector to continue to extend and pretend that everything would be alright when land prices Lindsayhttps://www.blogger.com/profile/11818310767819368023noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-59305958400247178002010-08-30T18:53:33.236-04:002010-08-30T18:53:33.236-04:00One immense difference between the fall of earlier...One immense difference between the fall of earlier empires and the ongoing collapse of this one is that this time around we have hordes of literate observers and an efficient means ( the Internet ) of informing each other as it goes down.<br /><br />We are otherwise comparatively powerless so there is no way we can "Kick Ass And Take Names," as the old red neck battle cry goes. Quite D. Benton Smithhttps://www.blogger.com/profile/09505763959328162067noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-40898907668425063402010-08-30T17:29:03.982-04:002010-08-30T17:29:03.982-04:00@Tom Therramus:
I answered your post in the prior...@Tom Therramus:<br /><br />I answered your post in the prior thread and won't bother to resurrect it here. If you want to read it, feel free. If not, know that I did give you an answer, to which you have not responded.<br /><br />@Bukko Canukko:<br /><br />Optimism is a human trait. We wouldn't have survived if we were not at least moderately optimistic.<br /><br />Having said that, when Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-91263244867537487542010-08-30T16:17:25.080-04:002010-08-30T16:17:25.080-04:00"If ordinary people are forced to sell in dro..."If ordinary people are forced to sell in droves, a few wealthy people could buy up most of the country for a song in a few years time."<br /><br />Well yeah, that's the plan isn't it?Bigelowhttps://www.blogger.com/profile/16883913065391637120noreply@blogger.com