tag:blogger.com,1999:blog-4921988708619968880.post6953612190971196679..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: April 12 2011: Bill Gross: Master of Monetary Psy-OpsIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger107125tag:blogger.com,1999:blog-4921988708619968880.post-88902621082136679292011-04-15T15:44:32.762-04:002011-04-15T15:44:32.762-04:00Your inverted pyramid chart categorizing the world...<i>Your inverted pyramid chart categorizing the world's wealth shows that derivatives constitute 4 times the total value of all other categories combined, and fully 150 times the value of the US government debt in outstanding Treasury Bills.<br /><br />Seems to me that even the slightest little jiggle in the derivatives alternate universe would dwarf ANYTHING that could happen in the bonds Ashvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-74788260170491338042011-04-15T15:42:48.695-04:002011-04-15T15:42:48.695-04:00New post up.
Our prosperity is owed back plus ...New post up.<br /><br /><br /><br /><br /><a href="http://theautomaticearth.blogspot.com/2011/04/april-15-2011-our-prosperity-is-owed.html" rel="nofollow"><b>Our prosperity is owed back plus interest</b></a><br /><br /><br /><br /><br />.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-43561886459134385232011-04-15T15:31:49.131-04:002011-04-15T15:31:49.131-04:00Maybe a nice tidy 8% locked in on the long bond wo...<i>Maybe a nice tidy 8% locked in on the long bond would give a nice, steady cash flow to the oligarchs from the serfs. Why would high yields lead to HI? When Paul Volker raised the prime to 21% in 1981, did we see HI?</i> <br /><br />How exactly do you lock in a tidy 8% for several years in a row? That 8% (or whatever higher yield it happens to be) in public interest expense would offset much ofAshvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-88823498959179184942011-04-15T15:30:59.127-04:002011-04-15T15:30:59.127-04:00@scandia,
You're right. Should have said: how...@scandia,<br /><br />You're right. Should have said: how will the Republicans campaign <i>after</i> they have voted to raise taxes, and the Democrats <i>after</i> they have voted to eviscerate Medicare. My guess: they will find an enemy to blame it on.Kahttps://www.blogger.com/profile/05667147292403648981noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-46932400527250786102011-04-15T15:12:20.315-04:002011-04-15T15:12:20.315-04:00@Ka... How do they campaign for higher taxes and l...@Ka... How do they campaign for higher taxes and lower services without risking a revolt?<br />That's an easy one. They'll lie. They will campaign for lower taxes and more services. They'll follow Obama's lead and promise voters whatever voters want. Heck look at the promises Obama made and didn't keep. Written in blood they were, just not his blood or Summers or Cheney or thescandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-47859502844020035672011-04-15T14:43:12.873-04:002011-04-15T14:43:12.873-04:00Ash,
The whole Fed/PIMCO/T-Bills thing is serious...Ash,<br /><br />The whole Fed/PIMCO/T-Bills thing is serious, and fascinating, but isn't it just a distracting side show in comparison to what's happening in the center ring of this little circus?<br /><br />Your inverted pyramid chart categorizing the world's wealth shows that derivatives constitute 4 times the total value of all other categories combined, and fully 150 times the D. Benton Smithhttps://www.blogger.com/profile/09505763959328162067noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-62000513309679254282011-04-15T14:40:51.776-04:002011-04-15T14:40:51.776-04:00@ Greenpa and D. Benton Smith
Fukushima is a dile...@ Greenpa and D. Benton Smith<br /><br />Fukushima is a dilemma with no viable solutions. The idiocy was in building these plants in the first place. After just having watched Swing Girls, which puts such a human, funny face on the Japanese young people, it raises feelings of overwhelming tragedy.<br /><br />The "authorities" have to do something to appease the anger of the people.el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-90288030638595429852011-04-15T14:38:53.525-04:002011-04-15T14:38:53.525-04:00In re the Con, I think there is one potential prob...In re the Con, I think there is one potential problem (to the Con's success), and that is how to get the politicians to play along. True, the politicians depend on the financiers for campaign funds, but how do they campaign for higher taxes and lower services, without risking revolt?<br /><br />Hence, I think an engineered black swan is required. Or maybe it doesn't have to be engineered.Kahttps://www.blogger.com/profile/05667147292403648981noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-63543657707368721382011-04-15T14:23:59.629-04:002011-04-15T14:23:59.629-04:00Re Ash
"IMO, harsh austerity is a given and ...Re Ash<br /><br />"IMO, harsh austerity is a given and only a matter of time, and the elites know that. This can be implemented without letting interest rates spiral out of control, so why risk the consequences of that? If anything, that's what could potentially lead to hyperinflation of the dollar, which is what CHS argues is entirely against the interest of the elites, and I agree.&el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-45945264708723937212011-04-15T14:20:16.376-04:002011-04-15T14:20:16.376-04:00I have been trying to figure out the end game of t...I have been trying to figure out the end game of the kleptocrats for about four years now without success, and I believe that CHS may just have nailed it. Yeah, I know their end game is to install feudalism v. 2.0 on the world with them being the lords of the manor. What I haven't been able to figure out is exactly how they intend to do it in financial terms. What CHS is predicting is a el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-62765306034286103522011-04-15T14:04:36.066-04:002011-04-15T14:04:36.066-04:00I can see why people get disgusted with Karl.
He&...I can see why people get disgusted with Karl.<br /><br />He's finally admitted (without saying it) that a massive die-off is the only way to save the country -- that the country should have no obligation for entitlements seen as a gun to the head of the next generation.<br /><br />That attitude outright kills the majority of the 60M receiving Social Security checks, and many millions of Starcadehttps://www.blogger.com/profile/09226367306835781483noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-71595533746861249192011-04-15T13:54:47.810-04:002011-04-15T13:54:47.810-04:00However, it has been reported that despite the 38....<i>However, it has been reported that despite the 38.5B cuts, the yoy spending actually increased by a few percent.</i><br /><br />Yes, spending has increased, and it will continue to do so for programs that benefit a small number of already wealthy people. But what I'm saying is that the idea that "something needs to be done" about the deficit is already deeply planted. That Ashvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-2916290926002642752011-04-15T13:38:59.083-04:002011-04-15T13:38:59.083-04:00D Bent- the astonishing thing to me is that this a...D Bent- the astonishing thing to me is that this action requires total cluelessness at EVERY level in TEPCO.<br /><br />A - some ninny had to suggest it<br />B - some higher ninny had to say "well, I guess it wouldn't hurt"<br />C - some higher ninny had to say "do it"<br />D - some lower ninny had to do it, and not say "what the fuck are you thinking??"<br />E -Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-388342352240450042011-04-15T13:21:55.767-04:002011-04-15T13:21:55.767-04:00Ash,
Yes, the budget hawks have raised their voic...Ash,<br /><br />Yes, the budget hawks have raised their voices. We do after all need to be propagandized for awhile so we'll be prepared to accept it when the gov actually does start cutting. However, it has been reported that despite the 38.5B cuts, the yoy spending actually increased by a few percent.<br /><br />You seem to be suggesting that austerity is the plutarch's goal. I'm Phlogiston Água de Beberhttps://www.blogger.com/profile/16269917130349144430noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-3610911235840873072011-04-15T12:49:51.793-04:002011-04-15T12:49:51.793-04:00@Greenpa
"Zeolite is widely used to absorb c...@Greenpa<br /><br />"Zeolite is widely used to absorb contaminating materials."<br /><br />So, let me get this stright. The first solution to the Fukushima melt-down(s) was a sort of 'bucket brigade' whereby they poured water on the whole mess.<br /><br />Since that produced a radioactively supporating wound (as a opposed to a mere radioactively hemorrhaging wound) they are D. Benton Smithhttps://www.blogger.com/profile/09505763959328162067noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-85154816895722324452011-04-15T12:35:19.534-04:002011-04-15T12:35:19.534-04:00I agree with almost everything CHS outlines in his...I agree with almost everything CHS outlines in his "con of the decade [multiple centuries... at least]", BUT I am skeptical of this phrase:<br /><br />Suddenly, interest rates start moving up. If you don't believe this is possible, or part of a larger project, then please explain why PIMCO sold all its Treasuries. Duh--because interest rates are set to rise, <i>and not by a little Ashvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-40961113126977102402011-04-15T12:28:41.508-04:002011-04-15T12:28:41.508-04:00Run across this cartoon from some Finn's point...Run across this <a href="http://zup.samassaveneessa.info/jpg/EuroCrisisCartoon.jpg" rel="nofollow">cartoon</a> from some Finn's point of view. Easily depicts the frustrations of little people around here (don't worry, text is in English - mostly anyway). Highly recommended!<br /><br />It's pretty amuzing following the scare mongering of our bull5hit spewing finance minister next to lautturihttps://www.blogger.com/profile/09269968661393439346noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-37177534174526066702011-04-15T11:56:30.622-04:002011-04-15T11:56:30.622-04:00Real for true Polka Dot Gallows, heavy on the gall...Real for true Polka Dot Gallows, heavy on the gallows side: <br /><br />http://www3.nhk.or.jp/daily/english/15_45.html<br /><br />"The operator of the troubled Fukushima Daiichi nuclear power plant has begun placing a mineral in the sea to absorb radioactive materials contaminating the seawater around the plant.<br /><br />"Tokyo Electric Power Company, or TEPCO, on Friday dropped Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-10221989435759209642011-04-15T11:31:51.044-04:002011-04-15T11:31:51.044-04:00CHS takes on the HI crowd again and this time I th...CHS takes on the HI crowd again and this time I thing he may have them nailed to the wall. Not that he brings joy to Mudville or anything like that.<br /><br /><a href="http://www.oftwominds.com/blogapril11/setup-con-of-decade4-11.html" rel="nofollow">Here's the Setup for the Con of the Decade</a>Phlogiston Água de Beberhttps://www.blogger.com/profile/16269917130349144430noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-62057585350714663722011-04-15T10:19:59.168-04:002011-04-15T10:19:59.168-04:00@Nassim, When I was searching for the feminine of ...@Nassim, When I was searching for the feminine of " shark " a male friend offered " Hilary ":)<br />I do think women are capable of sociopathic enterprise if only men would share more of those opportunities:)<br />Perhaps women are smarter as in getting a man to do the dirty work for them?scandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-73041927321713032612011-04-15T09:57:56.650-04:002011-04-15T09:57:56.650-04:00The only pole I'm going to touch this subject ...The only pole I'm going to touch this subject with, is the 20 foot one:<br />"Cherchez la femme" ;)p01https://www.blogger.com/profile/04396562841580952642noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-30050717649255374502011-04-15T09:52:10.139-04:002011-04-15T09:52:10.139-04:00Nassim,
Though I am not empowered to speak for ou...Nassim,<br /><br />Though I am not empowered to speak for our brethren here, I don't think any of us guys are denying the accuracy of your claim that we harbor amongst us the majority of the planet's psychopathic monsters. My own purpose was to try and defuse the offense that I thought the female side of the commentariat might take over your claim that they weren't capable of thinkingPhlogiston Água de Beberhttps://www.blogger.com/profile/16269917130349144430noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-87380086754349534232011-04-15T09:44:33.172-04:002011-04-15T09:44:33.172-04:00Greek bonds. 'Nuff said.<a href="http://www.bloomberg.com/apps/quote?ticker=GGGB10YR:IND" rel="nofollow">Greek bonds</a>. 'Nuff said.p01https://www.blogger.com/profile/04396562841580952642noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-29607186064400799382011-04-15T05:35:57.882-04:002011-04-15T05:35:57.882-04:00Mountain top removal animation from NASA Earth Obs...Mountain top removal animation from NASA Earth Observatory <a href="http://earthobservatory.nasa.gov/Features/WorldOfChange/hobet.php?src=eoa-ann" rel="nofollow">1984-2010,</a><br /><br />WOW...Alexander Achttps://www.blogger.com/profile/16845172528191878930noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-73224806355735380722011-04-15T04:29:16.438-04:002011-04-15T04:29:16.438-04:00Oh, when IMF "warns", we know already we...Oh, when IMF "warns", we know already we are lost:<br /><br /><a href="http://www.telegraph.co.uk/finance/economics/8449036/Global-recovery-at-risk-from-banks-wall-of-debt-IMF-warns.html" rel="nofollow">Global recovery at risk from banks' 'wall of debt', IMF warns</a><br /><br />cheers,<br />AlexAlexander Achttps://www.blogger.com/profile/16845172528191878930noreply@blogger.com