tag:blogger.com,1999:blog-4921988708619968880.post8403288700644382071..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: Debt Rattle, November 17 2008: Apart and to PiecesIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger43125tag:blogger.com,1999:blog-4921988708619968880.post-89101498966762926882008-11-18T14:22:00.000-05:002008-11-18T14:22:00.000-05:00In The Know: Should The Government Stop Dumping Mo...<A HREF="http://www.theonion.com/content/video/in_the_know_should_the_government" REL="nofollow"> In The Know: Should The Government Stop Dumping Money Into A Giant Hole?</A> ONNBigelowhttps://www.blogger.com/profile/16883913065391637120noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-49350011130707209792008-11-18T10:50:00.000-05:002008-11-18T10:50:00.000-05:00There is one thing I still cannot understand:They ...There is one thing I still cannot understand:<BR/><BR/>They want to to take the taxpayers' money and throw them to the mouth of dying beast, am I right?<BR/><BR/>But why is the beast - auto industry - dying? It is because taxpayers pockets are empty, they (most of them) have no money to buy a car. Not because their managers are stupid and/or they misused their money.<BR/><BR/>If Bush will take Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-28263421977784048302008-11-18T10:30:00.000-05:002008-11-18T10:30:00.000-05:00GM & China: (remove spaces from URL)http://www...GM & China: (remove spaces from URL)<BR/><BR/>http://www.businessweek.com<BR/><BR/>/autos/autobeat/archives/<BR/><BR/>2006/01/download_file.html<BR/><BR/>(GM's China success)<BR/><BR/>http://www.bloomberg.com/ap<BR/><BR/>ps/news?pid=20601089&sid=ak<BR/><BR/>004HKJnsj4&refer=china<BR/><BR/>Sept. 16 (Bloomberg) -- General Motors Corp., the biggest overseas carmaker in China, Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-91394117605033517512008-11-18T10:20:00.000-05:002008-11-18T10:20:00.000-05:00Hello,In response to Bluebird, TAE has published r...Hello,<BR/><BR/>In response to Bluebird, TAE has published regular updates of the graph you listed, with the data of the BORROW series shown on the same graph for comparison purposes.<BR/><BR/>If you are interested in directly consulting the source data or working with the graphs, go to:<BR/>http://research.stlouisfed.org/fred2/<BR/><BR/>For BOGNONBR, go to:<BR/>http://research.stlouisfed.org/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-44033691917578096062008-11-18T10:11:00.000-05:002008-11-18T10:11:00.000-05:003rd question - how are these trillions paid for? A...3rd question - how are these trillions paid for? Are they added onto our national debt, already at $10T?bluebirdhttps://www.blogger.com/profile/09600634086150466162noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-14103984987275474202008-11-18T09:43:00.000-05:002008-11-18T09:43:00.000-05:00Is it one of these Fed graphs?http://tinyurl.com/5...Is it one of these Fed graphs?<BR/>http://tinyurl.com/5z9oo3bluebirdhttps://www.blogger.com/profile/09600634086150466162noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-67063826804945735872008-11-18T09:40:00.000-05:002008-11-18T09:40:00.000-05:00That Fed program "ABCPMMMFLF"? Which Fed graph wou...That Fed program "ABCPMMMFLF"? Which Fed graph would show the skyrocketing trillions increase that the Fed is backing for the banks' off-sheet stuff?bluebirdhttps://www.blogger.com/profile/09600634086150466162noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-14808891545617118542008-11-18T08:50:00.000-05:002008-11-18T08:50:00.000-05:00@ Ilargi RE: $350 Billion pass:I think I get it. T...@ Ilargi RE: $350 Billion pass:<BR/><BR/>I think I get it. There's no reason to go after the rest of the TARP because the FED has already set up ways for banks to write off trillions that is not subject to Congressional or public scrutiny.<BR/><BR/>Wow! So what you were saying earlier IS true: that the TARP was a total red herring, a way to divert attention from the FED's actions vis-a-vis Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-75065060521014716592008-11-18T08:01:00.000-05:002008-11-18T08:01:00.000-05:00Where I live, in SW Ohio, all the hospitals have e...Where I live, in SW Ohio, all the hospitals have either just completed a major expansion, or building a major expansion or are in the planning for a major expansion. Spouse and I wonder who will be able to afford that healthcare when so many in our area are losing their jobs.bluebirdhttps://www.blogger.com/profile/09600634086150466162noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-44269140420903625112008-11-18T04:35:00.000-05:002008-11-18T04:35:00.000-05:00A few weeks ago I read something about GM building...A few weeks ago I read something about GM building plants in China and Russia. Where is the money coming from for that expansion if they are so broke? Maybe they want the bailout to finance overseas expansion? So far bailout money hasn't been used for stated purpose so why should we expect a revelation of truthful intent from GM?<BR/>I want to shout, " Liar, liar, your pants are on fire"...I scandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-8250696042724317762008-11-18T03:02:00.000-05:002008-11-18T03:02:00.000-05:00All reforms will be for nothing if we don't take c...All reforms will be for nothing if we don't take care of the underlying insanity in the system : producing so we can consume and consuming so we can produce. There's too much stuff, too much resources already tied up in useless trash.<BR/><BR/>I've been rewatching <A HREF="http://www.youtube.com/watch?v=5AEiwOM4fAY&feature=related" REL="nofollow">this documentary</A> which I've always thought Tyrhttps://www.blogger.com/profile/13323557695349223393noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-82906978189547174222008-11-18T02:59:00.000-05:002008-11-18T02:59:00.000-05:00On the other hand, I can imagine Citibank being so...On the other hand, I can imagine Citibank being sold... to U.S. Bancorp, perhaps?Pennhttps://www.blogger.com/profile/15708171159556556875noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-34726538419605656652008-11-18T02:56:00.000-05:002008-11-18T02:56:00.000-05:00@Bigelow"You mean ramping up war production and pr...@Bigelow<BR/><BR/>"You mean ramping up war production and predatory expansionism? If so, that is the same old same old."<BR/><BR/>I think he meant state funded programs to put people to work creating infrastructure. Like the WPA. Hitler had something similar with the RAD or Reichsarbeitsdienst. Basically keeping the unemployed fed and out of trouble by putting them to work.Tyrhttps://www.blogger.com/profile/13323557695349223393noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-3078348189156756612008-11-18T02:54:00.000-05:002008-11-18T02:54:00.000-05:00I've pondered the economic crisis long and hard fo...I've pondered the economic crisis long and hard for a while. To some extent, it's pure simulation. The money lost on the stock market is not like real money; it exists on the outskirts of reality. <BR/><BR/>Much of this economic crisis is taking place in space, where the satellites shuttle orders for shares and options and derivatives and what not. <BR/><BR/>Information and money darting at the Pennhttps://www.blogger.com/profile/15708171159556556875noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-19634145617078581542008-11-18T00:09:00.000-05:002008-11-18T00:09:00.000-05:00GM shoving these huge cars and trucks at us and on...GM shoving these huge cars and trucks at us and on a recent trip to Brazil I came across this <A HREF="http://www.flickr.com/photos/rchaard/3005439773/" REL="nofollow">sweet chevy pickup truck on the dealer lot</A>. Flex fuel and so on. similar models by Fiat and VW. <BR/><BR/>Even Toyota and Nissan trucks have been getting bigger each year.Richard T. Haardhttps://www.blogger.com/profile/11380017553791272611noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-27770018658569672162008-11-17T23:34:00.000-05:002008-11-17T23:34:00.000-05:00Bigelow: With what energy? Are we going to wage wa...Bigelow: With what energy? Are we going to wage war with Flintstones APCs and tanks? The manpower is readily available, but where do we employ human wave attacks if the only two places we have to do so are Mexico(although with the internal wars going on in Mexico offer excellent opportunities for expending massive manpower) and Canada?<BR/><BR/>I wonder how readily the tooling in Detroit can be Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-63056762162046184432008-11-17T23:09:00.000-05:002008-11-17T23:09:00.000-05:00Starcade: "Face it: All of this is central to one ...Starcade: "Face it: All of this is central to one thing -- we cannot hold 305,000,000 people. Can't be economically done. The only way it's been physically done is to basically credit-up the entire economy to 25+ times the entire net worth of the planet."<BR/><BR/> And similarly for the 6.5 billion on the planet as a whole.<BR/> Does that mean the sustainable human population is around a The Lizardhttps://www.blogger.com/profile/12044779666881689690noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-30220399958970841952008-11-17T22:58:00.000-05:002008-11-17T22:58:00.000-05:00Ilargi wrote:"Both FDR and Hitler figured out the ...Ilargi wrote:<BR/>"Both FDR and Hitler figured out the solution 70 years ago."<BR/><BR/>You mean ramping up war production and predatory expansionism? If so, that is the same old same old.Bigelowhttps://www.blogger.com/profile/16883913065391637120noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-82391544473132246872008-11-17T22:43:00.000-05:002008-11-17T22:43:00.000-05:00Memo to Congress from American drivers:Apparently ...Memo to Congress from American drivers:<BR/><BR/>Apparently we've bought our last car, we just don't know it yet. So GM & Ford are in their death throws. You are like a pet owner paying exhorbitant amounts of cash on unnecessary surgery at the end of your dog's life. Let him go peacefully. Save your cash for something more permanent:<BR/><BR/>Build mass transit instead of cars we Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-20864312836598828162008-11-17T22:27:00.000-05:002008-11-17T22:27:00.000-05:00rumor: There are people I know closely who are on...rumor: There are people I know closely who are one more bad story away from being the next lead story on the evening news. Somebody's going on a mass-murder rage, and it will not be long. I can understand your stress.<BR/><BR/>About the Great Lakes: They might as well start getting whatever they can, as far as people, out of Detroit and turn that into the "Escape from New York" model, becauseStarcadehttps://www.blogger.com/profile/09226367306835781483noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-82698160660608639662008-11-17T22:12:00.000-05:002008-11-17T22:12:00.000-05:00The original article first:NONE of the Big Three a...The original article first:<BR/><BR/>NONE of the Big Three are making January -- and neither is anyone reliant on the Big Three to stay in business. That's about 12 million jobs out the door in the next six weeks.<BR/><BR/>But the car industry is far finished. Has been for years. We make refurbished tanks for the limp-dicks who seem to be so prevalent in SoCal where I live... Well, that day Starcadehttps://www.blogger.com/profile/09226367306835781483noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-2697660814972256542008-11-17T21:43:00.000-05:002008-11-17T21:43:00.000-05:00About james Grant's book...http://www.lewrockwell....About james Grant's book...<BR/>http://www.lewrockwell.com/tofte/tofte18.html<BR/>Henry Waxman, Hedge Fund Managers and 'Mr. Market Miscalculates'Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-29492813830305234192008-11-17T20:39:00.000-05:002008-11-17T20:39:00.000-05:00Travis:You confuse two different issues in your co...Travis:<BR/><BR/>You confuse two different issues in your comment. I don't intend a blanket defense of the SEC, but Cox was saying that the SEC lacked jurisdiction (and possibly resources) to oversee certain products. The Cuban case was insider trading, a subject the SEC has had undisputed jurisdiction over for decases. <BR/><BR/>As for the timing of the Cuban suit, the SEC enforcement Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-43538282644239565342008-11-17T20:31:00.000-05:002008-11-17T20:31:00.000-05:00In response to Paul Craig Roberts:"Paulson should ...In response to Paul Craig Roberts:<BR/><BR/><I>"Paulson should rethink the automakers’ and FDIC’s proposals. A bank produces nothing but paper. Automakers produce real things that can be sold. Occupied homes are worth more then empty ones."</I><BR/><BR/>Totally agree on 1. Banks in the present system are nothing but leeches and vultures, that add zero value to the real economy. And not a pennyIlargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-18523171955249723702008-11-17T19:50:00.000-05:002008-11-17T19:50:00.000-05:00Paul craig Roberts on the need for auto bailout:ht...Paul craig Roberts on the need for auto bailout:<BR/><BR/>http://www.informationclearinghouse.info/article21243.htm<BR/>The Crisis Has Hardly BegunAnonymousnoreply@blogger.com