tag:blogger.com,1999:blog-4921988708619968880.post6332282577117829388..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: November 15 2009: Instant gratificationIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger94125tag:blogger.com,1999:blog-4921988708619968880.post-52913617660624012602009-11-17T00:25:21.049-05:002009-11-17T00:25:21.049-05:00The economic downturn seems to be affecting everyo...The economic downturn seems to be affecting everyone these days. Saturday mail delivery in the US may become a thing of our quaint past. The US Postal Service has witnessed the largest drop off in total volume in its history, with a corresponding drop in revenue. <br /><br /><a href="http://money.cnn.com/2009/11/16/news/companies/US_postal_service/index.htm" rel="nofollow">The U.S. Postal ServicePeter Paulhttps://www.blogger.com/profile/15446140605157232892noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-39486339449232278662009-11-16T23:34:20.063-05:002009-11-16T23:34:20.063-05:00New post up.New post up.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-64471347328021842742009-11-16T23:07:27.929-05:002009-11-16T23:07:27.929-05:00fwiw I been banging the crap out of shorts in the ...fwiw I been banging the crap out of shorts in the oil sector for the past month. I've never had it so good. I just watch the dollar and play accordingly. Ducks in a barrel...Submit your advicehttps://www.blogger.com/profile/01867890217907128363noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-37858171085442476692009-11-16T22:44:11.114-05:002009-11-16T22:44:11.114-05:00This is for El G, Coy, Ahimsa, Snuffy, greenpa, I&...This is for El G, Coy, Ahimsa, Snuffy, greenpa, I&S, starcade, paleocon and Bukko. All others too.<br /><br />Read the <a href="http://www.joebageant.com/" rel="nofollow">letter</a> to Joe Bageant today and then his reply. It'll smoke ya.<br /><br />All the best, WyoteWyotehttps://www.blogger.com/profile/17639946106031416118noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-35980001227765889822009-11-16T22:15:13.979-05:002009-11-16T22:15:13.979-05:00My favorite line from Bernanke's speech today:...My favorite line from Bernanke's speech today:<br /><br />"My own view is that the recent pickup reflects more than purely temporary factors and that continued growth next year is likely."<br /><br />Maybe he has been reading TAE? You never know. I am puzzled why Ilargi and Stoneleigh were not invited to the Treasury meeting. Any guesses?EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-75981537200250068362009-11-16T21:56:31.879-05:002009-11-16T21:56:31.879-05:00This place is like a hornets nest tonight....good ...This place is like a hornets nest tonight....good stuff.<br /><br />This blog is interesting in that it is a combination of incredible intelligence and analysis on behalf of the hosts on the one hand (high value) mixed with thier cheap market prediction parlor games on the other (low to no value)...<br /><br />This unusual juxtaposition does make for an addictive blog experience, although it is Wolf at the Doorhttps://www.blogger.com/profile/06404239808359033422noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-64849100570997302992009-11-16T21:52:32.396-05:002009-11-16T21:52:32.396-05:00Today we passed 1111, the Mark of the Handbasket, ...Today we passed 1111, the Mark of the Handbasket, in intraday trading. Did somebody say we are going to Montana someplace? <br /><br />And, I will affirm and verify that I&S have never advised anyone to short anything. Their current advice is consistently cash-on-the-sidelines. Warren Buffet is a crazy risk-taker by comparison. <br /><br />The ultrashort shop could just hang out the "Jim Rhttps://www.blogger.com/profile/17419179432204743768noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-36859919883046914532009-11-16T21:43:09.620-05:002009-11-16T21:43:09.620-05:00@ El G
El G said:
"The other school, which i...@ El G<br /><br />El G said:<br />"The other school, which includes our noble hosts, says that the methods they [TPTB] are using to stall the inevitable are despicable, as they will lead too much greater misery for a few months of reprieve, enabling them to continue their larcenous ways"<br />------------------<br /><br />Your statement might accurately represent much of Ilargi's Joshhttps://www.blogger.com/profile/15546561755580215480noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-9502953200620438622009-11-16T21:43:03.584-05:002009-11-16T21:43:03.584-05:00scandia: I can tell you that's the case witho...scandia: I can tell you that's the case without even reading your link -- which I will in any event.<br /><br />There are already cities in California in which many people would openly call for martial law as a matter that the cities in question have been irrevocably lost. Oakland? Richmond???<br /><br />Snerfling:When Fannie and Freddie were nationalized, I added about $6 or more T to theStarcadehttps://www.blogger.com/profile/09226367306835781483noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-68138133374612229412009-11-16T21:31:44.381-05:002009-11-16T21:31:44.381-05:00KJM said...
Ilargi - you make the comment that so...<i> KJM said... <br />Ilargi - you make the comment that some people believe the Fed or the govt will make some of the debt just dissapear. <br /><br />Why do you think that's impossible? <br /></i><br /><br />I can't speak for out host - however onn some level all of our interactions (financial or not) involve trust. If the government were to step in and "disappear some debt" soundOfSilencehttps://www.blogger.com/profile/13710900939537685362noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-91795658140706369872009-11-16T21:24:24.690-05:002009-11-16T21:24:24.690-05:00WgS said...
"Definitely, all these &*%$ ...WgS said...<br /><br />"Definitely, all these &*%$ CEO's should donate their bonuses and live off their meager salaries. It's not like they would go hungry for doing so."<br /><br />Fat chance. As I former plumber, I had to confront one of the great paradoxes of the universe. In plumbing, shit sinks. Put in modern society, it floats to the top of the power structure. I el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-68762905269079899122009-11-16T21:19:44.329-05:002009-11-16T21:19:44.329-05:00Ilargi -you sound (I'm reaching for the right ...Ilargi -you sound (I'm reaching for the right description)... frustrated?<br /><br />To borrow from Dave Cohen people are down to "hopeful optimism" and that's all they've got.<br /><br /><br /><br /><i>Bullish opinions fanning the flames of Hope is the only thing we’ve got supporting a strong economic recovery in the United States, in so far as the fundamentals—household soundOfSilencehttps://www.blogger.com/profile/13710900939537685362noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-29003828542103015022009-11-16T21:04:29.310-05:002009-11-16T21:04:29.310-05:00Listening to Charlie Gibson rip the Obama website ...Listening to Charlie Gibson rip the Obama website on job creative. Seems like somebody gets the message every now and again.<br /><br />All the chatter about The Great Recovery and The Goldman Greed seems more like gloating than anything else. It's offensive.<br /><br />The US Ag Dept reported today 17 million US households (14.6%) had difficulty feeding their families while the Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-81773953173946164262009-11-16T20:38:18.663-05:002009-11-16T20:38:18.663-05:00Ilargi
"As for your point on short selling, ...Ilargi<br /><br />"As for your point on short selling, it's good to mention that we have never advised or encouraged anyone to short anything."<br /><br />This is absolutely true. Stoneleigh, who has dealt with the issue more frequently than Ilargi, has advised everyone to stay out of the equities market, but if one cannot stifle oneself, don't bet more than you can afford to el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-46121973717024313332009-11-16T20:29:06.852-05:002009-11-16T20:29:06.852-05:00Time for an update on Tim Geithner!
1. Stabilize ...Time for an update on Tim Geithner!<br /><br />1. Stabilize the banks<br />2. Stop the economic depression<br />3. Governments offer zero interest loans<br />4. Reform the financial system by getting rid of the systematic fault (compound interest)<br />5. Make banking a public utility<br />----- <br />Tim Geithner has saved the financial system from the Abyss and stabilized the banks.<br />He hasjalhttps://www.blogger.com/profile/16969819389823705458noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-83753558894300155432009-11-16T19:59:51.910-05:002009-11-16T19:59:51.910-05:00This rally is inflation at work. The Fed was going...This rally is inflation at work. The Fed was going to get asset inflation, and that's what it got. It was their goal the whole time. <br /><br />Look at Bernanke: a follower of Milton Friedman, who himself believed the cure for depression is inflation. <br /><br />Look at the fall of the dollar and the rise of the stock indexes and the correlation in between. I can't tell you exactly whatPennhttps://www.blogger.com/profile/15708171159556556875noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-27264443212572145372009-11-16T19:35:55.493-05:002009-11-16T19:35:55.493-05:00Doom up, cheersters: The Doctor himself would like...Doom up, cheersters: The Doctor himself would like to reassure you. And we know how careful he is with his oracular reputation.<br /><br />http://www.rgemonitor.com/roubini-monitor/257978/the_worst_is_yet_to_come_unemployed_americans_should_hunker_down_for_more_job_lossesbtmhttps://www.blogger.com/profile/04547369436955593208noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-85851128505921850462009-11-16T19:21:16.094-05:002009-11-16T19:21:16.094-05:00@ Michael Stover,
MS said:
"I'm not here...@ Michael Stover,<br /><br />MS said:<br />"I'm not here proclaiming "you're wrong, you're wrong, nanana-nyanya", I'm interested in what is different between the real world and the model in SL's head that led to a prediction that hasn't quite panned out. Those inconsistencies, if faced honestly, can often lead to better understanding of things."<br />--Joshhttps://www.blogger.com/profile/15546561755580215480noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-21001252587540300372009-11-16T19:12:04.768-05:002009-11-16T19:12:04.768-05:00Gerald Celente: Terror Strikes Probable in 2010 (P...<a href="http://www.youtube.com/watch?v=bEAEXJ5GhoA&feature=player_embedded" rel="nofollow">Gerald Celente: Terror Strikes Probable in 2010 (Part 1 of 2)</a>Bigelowhttps://www.blogger.com/profile/16883913065391637120noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-67259540266099641742009-11-16T18:17:39.116-05:002009-11-16T18:17:39.116-05:00Hosts - I went full circle today reading the posts...Hosts - I went full circle today reading the posts! From real appreciation earlier this morning to wondering what some of these folks were thinking when they posted today and this evening.<br /><br />I read TAE regularly, along with lots of other sources of information. (foreign press, TOD, Energy Bulletin, Karl D., Astyk, gold/silver, BDI, left, right, MSM, alternet, etc. etc.) just to stay Hombrehttps://www.blogger.com/profile/12930734368916487826noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-13721360251321765312009-11-16T17:42:39.629-05:002009-11-16T17:42:39.629-05:00"littlebobbyjones30 said...
There is no reaso...<i>"littlebobbyjones30 said...<br />There is no reason whatsoever this rally can't continue for another two years."</i><br /><br />Don't expect any serious reaction to nonsense like that. Not here, from us, at least.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-14669621516229268382009-11-16T17:40:25.891-05:002009-11-16T17:40:25.891-05:00Cheryl,
You make some valid points, but you also...Cheryl, <br /><br />You make some valid points, but you also paint with an overly blunt axe.<br /><br /><i>"When civilization marches forward as it always has in the past, one begins to wonder. "</i><br /><br />Sure, but that is just perception, and faulty at that. The point of view of the millions who have lost their jobs and/or homes would obviously be that the march forward has Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-3081854836530013862009-11-16T17:26:22.787-05:002009-11-16T17:26:22.787-05:00@El G - Word have meaning. As long as you continue...@El G - Word have meaning. As long as you continue to characterize the ongoing market run-up as a "sucker rally", the more you display your ignorance as what is actually transpiring.<br /><br />Look, it's really, really simple. In fact, Ilargi has correctly observed the various mechanics, and has pointed them out for all to see many times before: if the Fed & fedgov stop Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-65142468791912459642009-11-16T16:45:33.743-05:002009-11-16T16:45:33.743-05:00@ Starcade...Greetings.
Just read an article in a ...@ Starcade...Greetings.<br />Just read an article in a UK paper about "Arnie "<br />Headline:<br />Arnie Schwartzenegger visits Iraq-And aims to transfer military tactics to California<br />Do read it at <br />www.timesonline.co.uk/tol/news/world/iraq/article6919262<br />Seems he shares your take on the situation that will require the state to use counter-insurgency tactics.scandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-1706479562011115402009-11-16T16:35:59.896-05:002009-11-16T16:35:59.896-05:00The Elliott Wave Principle, as popularly practiced...The Elliott Wave Principle, as popularly practiced, is not a legitimate theory, but a story, and a compelling one that is eloquently told by Robert Prechter. The account is especially persuasive because EWP has the seemingly remarkable ability to fit any segment of market history down to its most minute fluctuations. I contend this is made possible by the method's loosely defined rules and Unknownhttps://www.blogger.com/profile/06407366038696294348noreply@blogger.com