Construction: Commenced March 17, 1930 : WTH were they thinking starting on st patrick's day? lucky the damn thing doesn't look like the leaning tower o f pisa
Can anyone imagine this pace in 2011? : Not OSHA, for certain.
When I first started travelling around the world, the one thing you noticed was how hard it was to get a phone land-line in a number of countries, it might take years to get it done, whereas it took just a day or 2 here, and the situation never got any better in the places I mentioned, but along came a digital spider and made the land-line obsolete, and instead of being hopelessly behind, everybody played catch-up with us, and actually left us behind...
We are in the same position an Italian phone user would have been in, circa 1982, as far as our trains and rail system is concerned, hopelessly behind.
We have a chance to start fresh with somebody's else's tried and tested newer train technology, and make a great leap forward, if we have the courage of our convictions~
" Railfax has traffic increasing 10.1% ytd over 2009.
Final demand ~1%.
When does push meet shove? "
Is it possible that certain end items take up a much larger portion volume-wise of rail-car traffic. Ie. 1% increase in auto sales corresponds to a much higher percent increase in rail-traffic?
Railfax has traffic increasing 10.1% ytd over 2009.
Final demand ~1%.
When does push meet shove?
There will be a lot of demand this fall - there looks to be a pretty significant bumper crop of grain [wheat & corn]... it has to go somewhere - nowhere near enough bins to store it all.
dryfly wrote:
Come to LA.
I think I'll pass - you got enough headaches already.
You can also do this in Central Arizona, and sometimes New Mexico. With a bit more time, you can do it on the Big Island in Hawaii a few days a year.
We are lazy out here on the Great Plains - we expect our 50 degree swings to come to us [and sometimes they do]... we don't go to them.
Mozambican police used rubber bullets and teargas on rioters in Maputo during the third day of protests over a 30 percent rise in bread prices, Reuters reported Sept. 3. Looting has occurred in the outer capital regions of Benfica and Hulene, a police spokesman said. Seven people have died and hundreds have been injured in the riots. Protests have also occurred in Chimoio, where demonstrators wielding stones, clubs and tires blocked markets from opening, VOA News reported. Protesters are using text messages to call for further demonstrations Sept. 6, sources said.
The U.N. Food and Agriculture Organization said on Sept. 3 that a special meeting has been called to address a recent increase in food prices, The Canadian Press reported. There have been concerns of a repeat of shortages that brought on riots two years ago. An agency spokesman said the meeting of the intergovernmental committee on grains is due to be held Sept. 24, probably in Rome.
Sure it means nothing but, 2010 tracking 2008 close. Few months ago, a long term RR employee said he's seeing shorter trains, not stacked as high, just like he did in 2008
Is it possible that certain end items take up a much larger portion volume-wise of rail-car traffic. Ie. 1% increase in auto sales corresponds to a much higher percent increase in rail-traffic?
looks like big spike is grain, natch, and metal.
which metals, and where?
not glod, not even at the new rail volumes, and I didn't think anyone used steel in the US anymore,
so... aluminium?
Chocolate covered Indian manhole covers?
The current stock market is psychotic and delusional.
Everything I'm seeing is that the market is starting to price in QE2. Two weeks ago, I wanted to add what I thought would be a solid QE2 holding, so I bought some MT. It's up 10% in two weeks.
DBA is rallying nicely. SLW is hitting highs, and SLV is doing really well. Oil stocks aren't doing bad, considering the overhang in crude and waffling in crude prices.
What it means to me is that QE2 is being front-loaded. Buy the rumor and sell the news.
wielding stones, clubs and tires blocked markets from opening, VOA News reported. Protesters are using text messages to call for further demonstrations
Does this strike anyone else as odd? Low tech weapons like stones, and asking for help via text messages?
In California, we have seasons, but we drive to them.
When I talk big swings I'm not talking 'seasons' - we're talking hours. Big fronts blowing in from Canada or Texas can change the weather that much that fast. It blows my mind how fast and violently the weather can change here. Kinda fun as long as it doesn't remove your home.
Upon learning of Diem's ouster and death, Ho Chi Minh is reported to have said, "I can scarcely believe the Americans would be so stupid." The North Vietnamese Politburo was more explicit, predicting: "The consequences of the 1 November coup d'état will be contrary to the calculations of the U.S. imperialists ... Diem was one of the strongest individuals resisting the people and Communism. (wiki)
We have a chance to start fresh with somebody's else's tried and tested newer train technology, and make a great leap forward, if we have the courage of our convictions~
. . . if I happened to read about it, and oh yeah, I love history.
I didn't think you remembered the event from when it happened. Had you said you did, I would have to date you differently readjust my opinion concerning your age.
This would be a huge positive if it happened - hopefully we can take out all the extra overhead. Though I heard this was discussed over a year ago, and nothing happened.
Also, it is Gasparino, according to him Ambac was going to be bailed out 10 times.
Fox Business Network’s Charlie Gasparino reports this afternoon that government officials are meeting with executives on Wall Street to decide the fate of mortgage securitizers Fannie Mae (FNMA) and Freddie Mac (FMCC), with a focus on perhaps combining the two companies.
Fox Business Network’s Charlie Gasparino reports this afternoon that government officials are meeting with executives on Wall Street to decide the fate of mortgage securitizers Fannie Mae (FNMA) and Freddie Mac (FMCC), with a focus on perhaps combining the two companies.
Let me guess - somebody called him on his cellphone...
So what year are we at with Rail Traffic? The level today corresponds with what? 2003? 2002 Maybe?
Nothing. We are in th midsts of a massive reallocation of resources and conduits. There's nothing to derive from rail traffic alone. Less coal for less electricity but more cars and machining centers. Better? Worse? Besides who is to say regards mode shifting?
Fox Business Network’s Charlie Gasparino reports this afternoon that government officials are meeting with executives on Wall Street to decide the fate of mortgage securitizers Fannie Mae (FNMA) and Freddie Mac (FMCC), with a focus on perhaps combining the two companies.
Why not fold them into the Federal Reserve with the rest of the bad bank mortgages?
According to the Arizona Daily Star, Brewer says she only partook in the debate to try qualify for the $1.7 million-plus public funds for her campaign.
So after her poor showing, which involved a flubbed opening statement that made the internet rounds yesterday, Brewer has had enough: "I think it's pretty defined what [Goddard] stands for and what I stand for."
Brewer was also hit for dodging reporters' questions about her erroneous claim that undocumented immigrants beheaded people in her state.
"All you guys were doing and talking were beheadings, beheadings, beheadings," Brewer told the Daily Star. "That is something that has stuck with you all for so long, and I just felt we needed to move on."
"You watch too much TV - you should take up a sport that gets you out more... ever think about kayaking? "
Is there space for a TV in your kayak HG? That way you could blow a gasket listening to Gasbag Gasparino as you run the rapids. Better yet do a roll every-time he opens his mouth.
My earliest memory is being 3 years old and in a cabin in the National Park, and I opened the door inwards and a bear about 3x my size was rooting through a trash can 5 feet away...
The first of close to 800 bears i've seen in the wild, subsequently.
It would take a really powerful memory like that to remain with you from age 3. Most all of our memories from an early age are overwritten by newer events. I guess reminiscing wasn't considered a necessary adaptation for the species.
Ko Aotearoa e ngunguru nei! (This is our land that rumbles: All Black haka). Thanks, Bob Dobbs, we're alright here. I hope not to wake up like that again soon.
My first encounter with a bruin would've been 1965, and the trash cans were like picnic baskets for Yogi & co., but they've since made major improvements on the design...
For about 20 years i'd always hang my food by counter-balance method on a tree limb, and never lost a morsel of food to anything, but i've switched to a bear cannister the past 5 years, they're a pain in the arse and don't hold nearly enough food for a couple people, but it's bulletproof, and makes for a good seat.
The last good riot I witnessed occurred because cops wanted to shut down a party. Burning couches ensued. Ultimately I ended up protecting a pretty co-ed from harms way, and she rewarded me by being very giving. Giving women are the best.
Today I learned that JFK was killed because he wanted to strip the Federal Reserve of their powers!
Everyday you don't learn something new is a wasted day. There are many wasted nights on this post. You people should quit drinking and commenting. Commenting is a bad habit.
Back from lunch...
Per earlier discuss re:lateral forces and straightness of HSR tracks. Even if US comfort standards are tighter than those in Europe, it's clear that curvature must be limited; 1600m is a one mile radius. Existing right-of-ways rarely come close to this, save for some rural flatland.
Trains travel along the line at 300 km/h during the sections of the track close to Madrid. They travel at 200 km/h through the Sierra Morena region, possibly because the S/100 trains aren't pressure-sealed and this section includes many tunnels and also because of the tight curvatures in the Sierra Morena (occasionally dipping as low as 2300m[1]). According to the HS2 website[2], a 200km/h track needs a curvature of 1800m and a 400km/h track needs a curvature of 7200m.
Today I learned that JFK was killed because he wanted to strip the Federal Reserve of their powers!
And
New Orleans conspiracy,
CIA conspiracy
Secret Service conspiracy
Cuban exiles conspiracy
Organized crime conspiracy
Lyndon Johnson conspiracy
Soviet Bloc conspiracy
Israeli conspiracy
That's an old story, and the evidence is what are called United States Notes, banknotes with a Red Seal, that were issued during his presidency, a competitor to Federal Reserve Banknotes...
As promised on the previous thread, here is my analysis of the employment report today. It is probably the most extensive write up you will find out there, so warning its a long one
The committee also reaffirmed its earlier announcement that the recession began in December 2007.
The NBER is considered to be the official scorekeeper for recessions, and they have dated the beginning of the "Great Recession" to December 2007. While it is true that consumer demand (as measured by our Daily Growth Index) peaked prior to that month (on July 28, 2007 to be exact), we find that during December 2007 consumer demand was still growing year-over-year by more than 1% -- slow growth perhaps, but hardly a recession. In fact, on December 13, 2007 some sectors of consumer demand were almost giddy in their growth: housing was still growing at a 12.8% year-over-year rate while our retail department chain index was up double digits. Consumers were clearly not yet in any major funk.
By May 26, 2008 -- nearly two quarters after the NBER claims we were already in a recession -- consumer demand for discretionary durable goods had finally slipped into year-over-year net contraction. By that time the consumer climate had changed: crude oil was topping $130 per barrel and the collapse of Bear Stearns was in the nightly news. Additionally, in the U.S. the presidential primaries were in full swing, bringing with them unprecedented political uncertainty. When the timing of consumer behavior changes is better understood, the triggering events can be more readily identified. By May 2008 consumers had good reasons to be cautious about big-ticket discretionary expenditures -- reasons that simply had not existed six months earlier. Consumer Metrics Institute: Home of Daily Consumer Leading Indicators
Similarly, the lowest levels of consumer demand we have ever recorded occurred on November 5, 2008
Come to LA. You can jog between those two temperatures in less than an hour. Malibu to Calabasas, or Encino to Santa Monica.
I happened to do the drive from Encino to Santa Monica yesterday afternoon in a car with an outside temperature display. The temperature difference between the two places (a distance of maybe 10 miles) was 32 degrees. (99 vs 67).
That is great you did that Dirk. But an indepth employment analysis right now is like spending 3 months in an autopsy to determine how the man who many witnesses saw get shot and collapse died.
Ko Aotearoa e ngunguru nei! (This is our land that rumbles: All Black haka). Thanks, Bob Dobbs, we're alright here. I hope not to wake up like that again soon.
Good to hear you're safe. Following situation closely from Auckland, as we have many friends around ChCh.
I think they should rename this weekend to Unemployed Labor Day Weekend to get with the times. And they should shoot gov't cheese in the air from big canons. And everyone gets an FHA loan.
Didn't JFK also want to monetize the silver in the Treasury?
The wiki version seems accurate for the era, but without key attribution:
With the world market price of silver having been in excess of $1.29 per troy ounce since 1960, Congress repealed the legal foundation for Silver Certificates on June 4, 1963; but President John F. Kennedy responded with Executive Order 11110 that the Treasury should continue to "issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury". This Series 1958 introduced an additional $4.29 billion worth of United States Notes into circulation, consisting of $2.00 and $5.00 bills; and although they were never issued, $10.00 and $20.00 notes were in the process of being printed when Kennedy was murdered in 1963. It is said[who?] that Pres. Kennedy and his Treasury Sec., C. Douglas Dillon, a Republican, had reservations about the merits of the Federal Reserve System; and for certain reasons wanted Treasury's silver certificates to circulate in competition with the Federal Reserve notes which had already flooded the world in the Marshall Plan, in the Cold War, and in importation of foreign goods.
A client got an actual modification, which I told them to turn down. 80 k underwater, no principal cut.
But it's my HOUSE.
Luckily (maybe) they withdrew the mod before she could sign it and send it back. She has been making payments for months and months. The reason for the withdrawal of the offer was they said they couldn't find her.
Speaking of summer and recovery, Unemployed Labor Day Weekend is a good time to buy beer on sale. Stock up now. Maybe mp has room in his walk in refrigerator/freezers to store the extras for you. Remember when in doubt always go with Mexican beer and American moonshine.
The temperature difference between the two places (a distance of maybe 10 miles
Sounds similar to the summer temperature difference between Toledo, OR, & Newport, OR. Not sure of the distance, probably around 10 miles. Marine air layer + fog = temperature difference > 15-20 degrees.
It used to be Nevada state gaming law, that there had to be 1000x the face value of every slot machine in cash reserves @ casinos across the state, and 20 years ago, I bought 48,000 Morgan silver dollars from an olde time casino owner in Reno that took them off the tables in 1963-64, and just stuck them in the vault, each bag of 1,000 coins representing 48x $1.00 slot machines, instead of folding money...
It seems like that, but when the Big Fraud comes down, who is gonna take the rap?
time for blanket indictments/convictions: anybody in the top 5 layers of management at JPM, GS, Citi, Wells, BOA, and the Fed, for felony greed (aggravated) and terminal stupidity. 25-to-life each count.;
The casino owner met his fiduciary obligation, and i'm sure Nv state gaming officials dutifully counted each canvas bag with 1,000 cartwheels in it, about 27 times once a year, before I showed up.
“Concern about the deficit cannot be an excuse for leaving unemployed workers to suffer,” Romer said on Wednesday, according to a copy of a speech she gave at the National Press Club. “We have tools that would bring unemployment down without worsening our long-run fiscal outlook, if we can only find the will and the wisdom to use them.”
Romer told us that the first big stimulus would cap unemployment at 8%. Here we are 18 months later, about 2 trillion more in debt and a 9.6% unemployment rate and rising.
Romer told us that the first big stimulus would cap unemployment at 8%. Here we are 18 months later, about 2 trillion more in debt and a 9.6% unemployment rate and rising.
We have tools that would bring unemployment down without worsening our long-run fiscal outlook, if we can only find the will and the wisdom to use them
The 48,000 went away pretty promptly, as the key to being a numismatist is turnover, constant turnover. Make a few percent on that deal, 10% on another deal, move em' along, rawhide!
Seven years ago, without telling the City Council, former Sacramento City Treasurer Tom Friery agreed to make a notable change to the terms of the city's $73 million loan to the Kings.
Friery agreed to the Kings' request that the city's loan be put second in line for repayment – behind a new line of credit of up to $75 million the NBA was offering each of its teams.
Friery agreed to the Kings' request that the city's loan be put second in line for repayment – behind a new line of credit of up to $75 million the NBA was offering each of its teams.
Would calling that self-Californication be redundant?
Snip/./
During Tuesday's meeting, the administration produced a chart showing that a 52-year-old police officer retiring with 30 years' experience at a final salary of $94,000 could collect a lump sum of $832,000 and an annual pension of $92,000.
I watched a grizzly as a kid move across a glacier snow field. Nothing like being in the woods and seeing a tree they had scratched on and realizing their reach.
Hezbollah has located some 15,000 rockets along the Lebanese border with Israel in violation of U.N. resolutions, Israeli Ambassador to the United States Michael Oren said Sept. 3, AFP reported. Oren said the rockets, numbering four times more than during the 2006 Lebanon war, could strike any Israeli city, including Eilat. The weapons are also more accurate and contain larger payloads, Oren said.
seen a few grizzlies in montana and wyoming, never up close though, always from a good distance away. same can't be said of black and brown bears, where i have at times been uncomfortably close.
Does Our Economy Really Have to Run on Fraud?
By MICHAEL HUDSON
I don't see the purpose of the FCIC. Finreg has passed, called the toughest wall st reform since the 1930's yet the FCIC was established, as was the Pecora comm. to investigate the causes of the financial crisis. The Pecora comm. paved the way for, according to Wiki, " United States Congress passed the Glass-Steagall Banking Act of 1933 to separate commercial and investment banking, the Securities Act of 1933 to set penalties for filing false information about stock offerings, and the Securities Exchange Act of 1934, which formed the SEC, to regulate the stock exchanges. Some argue that thanks to the legacy of Pecora Commission's hearings and subsequent regulatory legislation, American economy had a sound financial system for roughly half a century"
Obama forms a commision to find the causes of the financial crisis and well before the findings are out a finreg bill is passed with much fanfare. More taxpayer money wasted on Angelidies and the FCIC. Banana republic with nukes in action
And the mayor thinks this is just a minor "housekeeping issue". While the collateral is now worth one third of the loan amount. Without the superior loan. Is the mayor that clueless? Or lying? The only housekeeping I see is sweeping under the rug.
Must head out to Merritt Island. I am getting really tired of dealing with the lack of reality everywhere.
When there is no money, there is no money. There were frowns everywhere when I went downtown earlier this weeks, I guess nobody liked the paycuts. Gee, will this mean that every fewer mtges are being paid?
And if one more person tells me, but it's my house, I am going to scream.
The 48,000 went away pretty promptly, as the key to being a numismatist is turnover, constant turnover. Make a few percent on that deal, 10% on another deal, move em' along, rawhide!
It's getting to be not worth it. Those frowning grouchy people still have jobs.
Smoot Hawley or bust.
Boycott China. Strike everybody. Why should unions have all the fun?
One last thought. This may be genetically programmed into us. People built walled cities and then defended them. The defenders may have reproduced themselves better than those that ran away. This has been going on for millenia.
After all, people used to move all they time.
And I saw the same thing after Hurricane Andrew too.
I think some sort of irrational preprogrammed response is triggered, when someone tries to kick you out.
Some argue that thanks to the legacy of Pecora Commission's hearings and subsequent regulatory legislation, American economy had a sound financial system for roughly half a century
Which takes me back to an earlier comment of mine: FDR in the 1930's ""Business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering. They had begun to consider the Government of the United States as a mere appendage to their own affairs. We know now that Government by organized money is just as dangerous as Government by organized mob. Never before in all our history have these forces been so united against one candidate as they stand today. They are unanimous in their hate for me, and I welcome their hatred."
Obama 2010 "I am here today because I want to urge you to join us," he said, "instead of fighting us in this effort. I am here because I believe that these reforms are, in the end, not only in the best interest of our country, but in the best interest of our financial sector."
It was a most interesting business life, I never knew what was going to happen next, for 30 years.
Most people know what they are going to be doing weeks, months or years in advance, but I generally had no idea what was going to happen tomorrow, it makes you very quick on your feet and mind, opportunity was always knocking...
Jamie Dimon slashes price on Gold Coast mansion | Chicago Breaking Business
From the article: "JPMorgan Chase & Co. Chairman and Chief Executive Officer Jamie Dimon has slashed the asking price of his 18-room Gold Coast mansion from $9.5 million all the way down to $6.95 million.
The Tribune has learned that the eight-bedroom, 13,500-square-foot mansion now is listed for slightly more than half of Dimon’s original $13.5 million asking price for the home in 2007. Now based in New York, Dimon, 54, paid $4.68 million for the mansion in 2000. "
Remember too that the reporting Tribune is also in BK because of RE gone bad.
Evolution at work. Former Muslim armies around Israel were undisciplined ragheads but not anymore. Next war will bring huge numbers of casualties in Israel if they are foolish enough to start one.
Hezbollah has located some 15,000 rockets along the Lebanese border with Israel in violation of U.N. resolutions, Israeli Ambassador to the United States Michael Oren said Sept. 3, AFP reported. Oren said the rockets, numbering four times more than during the 2006 Lebanon war, could strike any Israeli city, including Eilat. The weapons are also more accurate and contain larger payloads, Oren said.
It has been known that Hezbollah has been arming themselves since the end of the 2006 skirmish, the U.N knowing that Hezbollah will attack them if they try to stop the weapons smuggling does nothing, Israel for political reasons (both internal and external) is also unable to act against it. This insures another round, this time with Hezbollah having much more weaponry with which to attack Israel. This will ultimately lead to an Israeli invasion into Lebanon, with very large casualties on both sides.
The current peace talks are one big , It doesn't matter what Abbas and Natanyahu agree upon because they don't have any control of events. It all currently depends on Iran Hezbollah and Hamas. (there have been several shootings with casualties on Israeli civilians over the past few days, if it continues Israel will have to respond, and Hezbollah will likely respond to that...)
"The deputy tells McFarland he is going to take him to the hospital because he may be suicidal"
Mcfarland doesn't want to go to the hospital, so he's tased, arrested for resisting arrest. In other banana republics, calling the police is used only as a last resort, if at all.
America is a quite violent place, but we have been incredibly docile compared to hooligans @ sporting events across the pond, but don't count us out, not yet.
Romer told us that the first big stimulus would cap unemployment at 8%. Here we are 18 months later, about 2 trillion more in debt and a 9.6% unemployment rate and rising.
The economy was in much worse shape than it appeared to Romer back then. By the time the ARRA was passed the U3 rate was already 8.2%. With a mssive program like the ARRA, the soonest anyone could have expected to see any impact would ahve been May (remember the umeployment rate for each month is based on a survey mid month) and by that point the UE rate was 9.4%.
The ARRA should ahve been larger and more focused on infrastructure projects. Thise however would have taken even longer to get up and going, but would have had a positive long term ROI. Both Blinder-Zandi and the CBO have found that the ARRA did pretty much what it was advertised to do, but it was facing a much bigger problem than it was designed for. i wish it were bigger, but that probably wouldnt have passed at all and then we would be sitting here with the UE rate at 14-15%.
Evolution at work. Former Muslim armies around Israel were undisciplined ragheads but not anymore.
Yes that is correct, from 1947 the Arab armies where less disciplined and less trained, this meant the Israeli army, although smaller was able to defeat the Arab armies. There was also a lot of luck involved, and some of the biggest winds were because Israeli field commanders disobeyed orders from their superiors.
Next war will bring huge numbers of casualties in Israel if they are foolish enough to start one.
Israel is not likely to start one, they are likely to be pulled into one (2006 for example).
Yes that is correct, from 1947 the Arab armies where less disciplined and less trained, this meant the Israeli army, although smaller was able to defeat the Arab armies. There was also a lot of luck involved, and some of the biggest winds were because Israeli field commanders disobeyed orders from their superiors.
Next war will bring huge numbers of casualties in Israel if they are foolish enough to start one.
Israel is not likely to start one, they are likely to be pulled into one (2006 for example).
there is almost nothing in your post that is correct
If general war breaks out in that region, it will affect your investments, folks, if you want to take a self-absorbed view of it. This is a financial blog.
The news says we need to spend 2T over the next 5 years on bridges and such. They are showing self healing concrete that should be available soon. Invented by an Asian immigrant.
I posted a link to the WP article about Romer's farewell speech the other night. She didn't really have much of an answer for what needed to be done today except it should be "low-cost". Some of the ideas to right the economy were tax break for businesses, more free trade agreements, and a stronger export policy. Does not give me much confidence that anyone in the administration has a clue what's going on with the economy.
It is amazing just how bad most of them are here in AZ.
We have a long history of strange govenors.
The first territorial gov had to be broken out of a Mexican jail. The military went down and brought him back to serve.
Israel is in a bad spot. The brutal occupation politics against Palestinians are not working and the enemies are growing stronger and stronger. More and more like South Africa at the end of Apartheid era. Palestinians are not exactly very forgiving after suffering 60 years of crap. Israel will either fade away or go out with guns blazing.
If you are really curious, wear an islanders jersey to madison square garden.
probably the only arena where the fans bag on the ones with more expensive seats. before the re-do of msg, the people in the blue seats (up high) would chant 'red seats suck' (red seats were down at ice level) during rangers games.
Maybe FDIC employees just are fed up touring small town America, took this Friday off, drinking themselves silly somewhere and sharing bank closure war stories.
I don't have a link, but I was reading somewhere recently (probably in the WSJ) that the FDIC was no longer giving attractive terms to companies that were willing to bid on zombie banks.
So what we could be seeing here is a buyer's strike.
Mariner Buys Interest in $760 Million Loan Portfolio From FDIC - BusinessWeek
Pretty good terms, but that was stuff that the FDIC took directly, rather than doing the takeover with a buyer in place.
Maybe Sheila doesn't want to have to eat any more of what she seizes.
If you are really curious, wear an islanders jersey to madison square garden.
probably the only arena where the fans bag on the ones with more expensive seats. before the re-do of msg, the people in the blue seats (up high) would chant 'red seats suck' (red seats were down at ice level) during rangers games.
Former blue seater season ticket holder (section 406). I saw that once, the guy barely made it out with any clothes on.
NEW YORK/DETROIT, Sept 3 (Reuters) - The U.S. government is likely to take a loss on General Motors Co [GM.UL] in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.
Subsequent offerings of the government's holdings may be profitable depending on how investors trade the newly listed stock, the sources said.
But the question of whether taxpayers are ultimately made whole on GM's $50 billion bailout could be left open for years, the people said.
It could take more than three years for the Treasury to sell down its remaining stake in GM after the IPO, one person said. That would push a final accounting into the next presidential term.
I bought some Johnsonville (WI) brats and bakery sub-rolls for the weekend. But it is unclear which day this weekend is officially brat day. Did I mention I have some OR brown mustard with horseradish for the brats, and does that change the day of preference?
Where TF did the summer go? Mem;. Day was like yesterday. July 4th was this AM. I guess T-day will be Tues.
My wife claims that there'd be 100 suicides in Buffalo, if the Bills were to leave, but I can't imagine more than 50 people doing themselves in....
Don't know your connection to the Queen City other than being a LSBF, but...
They have completed the 30M renovation of Riverside High....including a state of the art football stadium. Not sure if it was the Riverside coach or the BPS Director of Athletics, but one of them was quoted as saying words to the effect of "now no one can dis us on our home turf". Guess he misses the connection between his word & recent events here........hey, kids, break out those Mac 10s! , but it doesn't rate a flutter on the irony meter.
"Former director of the Office of Management and Budget Peter Orszag will join the New York Times as a columnist, the newspaper announced Friday.
Orszag, who left the Obama administration this summer, will write one to two columns per month on economic and domestic issues for the paper."
IMO the story of the week is the guy at home tasered by the police because he didnt want the cops to take him to the hospital. He was arrested and charged with ''resisting arrest', when the police had no legal basis for arresting him.
Tells you all you need to know about what's ahead in the USA USA USA.
I was jilted by not just one, but 2 NFL teams in the City of Angles, left @ the altar offsides, and I like to snatch defeat from the jaws of victory, and my wife is from Buffalo, so it was a natural for me to become a LSBF.
I am in ideological agreement with my campaigns because I serve local businesses exclusively. I do it cheap and clever, too. No lies. There was a lot of bullshit, as I did hold a manure flinging contest.
ALL ABOARD!
BOO-YAH!
Wow, our off topic discussion of last thread is now on topic. Obviously it's time to talk about something else.
EDIT: Darn you, Nemo! I thought I had furst.
Odd. We were talking about rail before this even posted.
97F and sunny here.
I'm ready for the cooler temps of autumn.
Having read the article, it seems to be more moving sideways masquerading as recovery.
Maybe the Rail Time guys (gals) read Hoocoodanode? and decided to rush their report - it just showed up.
best wishes
The current stock market is psychotic and delusional. Let the
drops begin.
HomeGnome wrote:
61F and cloudy here...
Re: empire state building
Construction: Commenced March 17, 1930 : WTH were they thinking starting on st patrick's day? lucky the damn thing doesn't look like the leaning tower o f pisa
Can anyone imagine this pace in 2011? : Not OSHA, for certain.
When I first started travelling around the world, the one thing you noticed was how hard it was to get a phone land-line in a number of countries, it might take years to get it done, whereas it took just a day or 2 here, and the situation never got any better in the places I mentioned, but along came a digital spider and made the land-line obsolete, and instead of being hopelessly behind, everybody played catch-up with us, and actually left us behind...
We are in the same position an Italian phone user would have been in, circa 1982, as far as our trains and rail system is concerned, hopelessly behind.
We have a chance to start fresh with somebody's else's tried and tested newer train technology, and make a great leap forward, if we have the courage of our convictions~
dryfly wrote:
Come to LA. You can jog between those two temperatures in less than an hour. Malibu to Calabasas, or Encino to Santa Monica.
some investor guy wrote:
I think I'll pass - you got enough headaches already.
Railfax has traffic increasing 10.1% ytd over 2009.
Final demand ~1%.
When does push meet shove?
" Railfax has traffic increasing 10.1% ytd over 2009.
Final demand ~1%.
When does push meet shove? "
Is it possible that certain end items take up a much larger portion volume-wise of rail-car traffic. Ie. 1% increase in auto sales corresponds to a much higher percent increase in rail-traffic?
black dog wrote:
There will be a lot of demand this fall - there looks to be a pretty significant bumper crop of grain [wheat & corn]... it has to go somewhere - nowhere near enough bins to store it all.
CR posted:
The graph is telling me the collapse started in October 2008 which would be consistent with the financial meltdown the previous month.
The key word being 'recovered,' even if 2009 goes down as the worst year since the Depression.
Looks like this will be our normal. We are not, nor do I think we should, hit bubble times again.
if we have the courage of our convictions~
We have convictions?
pavel wrote:
Not currently, but eventually.
dryfly wrote:
You can also do this in Central Arizona, and sometimes New Mexico. With a bit more time, you can do it on the Big Island in Hawaii a few days a year.
didn't Blago recently get some?
We have convictions?
We'll never have indictments for Wall Street ... let alone convictions.
black dog wrote:
It seems like that, but when the Big Fraud comes down, who is gonna take the rap?
HomeGnome wrote:
69F here with a nice ocean breeze.
Basel Too wrote:
singular.
prosecution went 1-0-23.
Eric wrote
:
last night actually.
Somehow I think he knew that.
BTW, the Gamecocks have a couple of really good looking QBs
some investor guy wrote:
We are lazy out here on the Great Plains - we expect our 50 degree swings to come to us [and sometimes they do]... we don't go to them.
Eric wrote:
Cubs sign them?
107 here and will get hotter today.
We start to cool off in Oct, at least by the end of Oct.
dryfly wrote:
ouch.
who is gonna take the crap?
"As the chart below ... shows, on an unadjusted basis rail traffic almost always increases from July to August. "
what chart?
What's your beef? The market is up. Carpe diem.
who is gonna take the crap?
Your mirror looks like a barber pole.
September 3, 2010
Mozambican police used rubber bullets and teargas on rioters in Maputo during the third day of protests over a 30 percent rise in bread prices, Reuters reported Sept. 3. Looting has occurred in the outer capital regions of Benfica and Hulene, a police spokesman said. Seven people have died and hundreds have been injured in the riots. Protests have also occurred in Chimoio, where demonstrators wielding stones, clubs and tires blocked markets from opening, VOA News reported. Protesters are using text messages to call for further demonstrations Sept. 6, sources said.
pavel wrote:
Didn't we bump him off just a month or so before JFK breathed his last?
September 3, 2010
The U.N. Food and Agriculture Organization said on Sept. 3 that a special meeting has been called to address a recent increase in food prices, The Canadian Press reported. There have been concerns of a repeat of shortages that brought on riots two years ago. An agency spokesman said the meeting of the intergovernmental committee on grains is due to be held Sept. 24, probably in Rome.
Sure it means nothing but, 2010 tracking 2008 close. Few months ago, a long term RR employee said he's seeing shorter trains, not stacked as high, just like he did in 2008
dryfly wrote:
The Cubs would love to have someone with no losses...
dryfly wrote:
In California, we have seasons, but we drive to them.
poic wrote:
looks like big spike is grain, natch, and metal.

which metals, and where?
not glod, not even at the new rail volumes, and I didn't think anyone used steel in the US anymore,
so... aluminium?
Chocolate covered Indian manhole covers?
Juvenal Delinquent wrote:
Didn't we bump him off just a month or so before JFK breathed his last?
That was his cousin, Ngo Dinh.
(You either have an outstanding memory for a youngster or you're a student of history.)
steelhead wrote:
Everything I'm seeing is that the market is starting to price in QE2. Two weeks ago, I wanted to add what I thought would be a solid QE2 holding, so I bought some MT. It's up 10% in two weeks.
DBA is rallying nicely. SLW is hitting highs, and SLV is doing really well. Oil stocks aren't doing bad, considering the overhang in crude and waffling in crude prices.
What it means to me is that QE2 is being front-loaded. Buy the rumor and sell the news.
*Chocolate covered Indian manhole covers? *
ah, thats not Chocolate
some investor guy wrote:
Likely, you have all been conditioned by CR, so now you will be talking about REO inventory...
I have a photographic memory, and generally can't forget anything that ever happened, if I happened to read about it, and oh yeah, I love history.
pavel.chichikov wrote:
Does this strike anyone else as odd? Low tech weapons like stones, and asking for help via text messages?
What next, using blow guns from heliocopters?
some investor guy wrote:
When I talk big swings I'm not talking 'seasons' - we're talking hours. Big fronts blowing in from Canada or Texas can change the weather that much that fast. It blows my mind how fast and violently the weather can change here. Kinda fun as long as it doesn't remove your home.
Juvenal Delinquent wrote:
My wife has a Photoshop memory. Things are filtered, the contrast ratio changes, various retouching.
It's easy to front-load QE2 when Bernanke is so dogmatic and predictable, money is so cheap, and short-term speculation is so rampant.
But even so, I don't see much upside from here in the U.S., Japanese or European stock markets, as a whole.
I only just recently switched to a digital photographic memory.
some investor guy wrote:
In California, we have seasons, but we visit them.
Moving from New England all it took was a cabin in the mountains and a coastal pad and all my weather desires were satisfied.
rich wrote:
Do you think some of the news this week (NFP and ISM) take out some of that likelihood?
So what year are we at with Rail Traffic? The level today corresponds with what? 2003? 2002 Maybe?
Juvenal Delinquent wrote:
Index, xref, index, annotate and enjoy.
Does this strike anyone else as odd? Low tech weapons like stones, and asking for help via text messages?
You will see many more discordances.
Juvenal Delinquent wrote:
I'm certain that calls for a robidog comment...
http://i630.photobucket.com/albums/uu30/malarch/Switzerland%20Basel/RheinfeldenRobidog.jpg
Juvenal Delinquent wrote:
I didn't think you remembered the event from when it happened. Had you said you did, I would have to
date you differentlyreadjust my opinion concerning your age.This would be a huge positive if it happened - hopefully we can take out all the extra overhead. Though I heard this was discussed over a year ago, and nothing happened.
Also, it is Gasparino, according to him Ambac was going to be bailed out 10 times.
Fox: Gov’t Talking With Wall Street on Combining Fannie, Freddie - Stocks To Watch Today - Barrons.com
Fox Business Network’s Charlie Gasparino reports this afternoon that government officials are meeting with executives on Wall Street to decide the fate of mortgage securitizers Fannie Mae (FNMA) and Freddie Mac (FMCC), with a focus on perhaps combining the two companies.
sportsfan wrote:
YouTube - Boondocks Season 3 Promo: Pause
glimmerman wrote:
Let me guess - somebody called him on his cellphone...
What kind of weapons do you expect a mob to have?
deanfv wrote:
Nothing. We are in th midsts of a massive reallocation of resources and conduits. There's nothing to derive from rail traffic alone. Less coal for less electricity but more cars and machining centers. Better? Worse? Besides who is to say regards mode shifting?
glimmerman wrote:
Why not fold them into the Federal Reserve with the rest of the bad bank mortgages?
I just looked this up - HAH, it was two years ago, almost to the day, when this was first mentioned.
Two years wasted.
Sounds like a good title for a book on Obama's first two years.
- NY Times
A bold idea: Fannie Mae and Freddie Mac should merge
By DealBook
Published: Tuesday, September 2, 2008
Mr Slippery wrote:
Then the fed into the treasury. Done.
dryfly wrote:
the situation is fluid but my sources are telling me...
dryfly wrote:
Combining the Fed and Treasury would leave one one to buy each.... nevermind.
Mr Slippery wrote:
Get one of the money honeys on it... "You've been a bad, BAD, mortgage"...
glimmerman wrote:
Or Shrub's Book about the National Guard.
HomeGnome wrote:
You watch too much TV - you should take up a sport that gets you out more... ever think about kayaking?
i think ESPN has managed to make the college football weekend last from Thursday through following Tuesday...
the situation is fluid but my sources are telling me...
Yeah, but on blogs sources can be supermarket tabloids.
"Why not fold them into the Federal Reserve with the rest of the bad bank mortgages? "
We could also place some former GS/MS employees in key positions at FNM/FRE and in the FED and the FED banking system.
dryfly wrote:
you know, that's not a bad idea....
and I haven't watched CNBC for over a year now.
just for fun:
According to the Arizona Daily Star, Brewer says she only partook in the debate to try qualify for the $1.7 million-plus public funds for her campaign.
So after her poor showing, which involved a flubbed opening statement that made the internet rounds yesterday, Brewer has had enough: "I think it's pretty defined what [Goddard] stands for and what I stand for."
Brewer was also hit for dodging reporters' questions about her erroneous claim that undocumented immigrants beheaded people in her state.
"All you guys were doing and talking were beheadings, beheadings, beheadings," Brewer told the Daily Star. "That is something that has stuck with you all for so long, and I just felt we needed to move on."
HomeGnome wrote:
Icons burned into our brain... like sweater puppies.
Blackhalo wrote:
Actually, YouTube - Southern Miss vs. South Carolina Sept. 3 2010 Highlights
. . . and that tape doesn't even show the freshman who threw for two TDs
"You watch too much TV - you should take up a sport that gets you out more... ever think about kayaking? "
Is there space for a TV in your kayak HG? That way you could blow a gasket listening to Gasbag Gasparino as you run the rapids. Better yet do a roll every-time he opens his mouth.
poic wrote:
I;ve heard of this and have gotten it to the "swim beside your boat" stage.
More practice and ab workouts.
longtimelurker wrote:
Sounds like she's taking advice from Sharron Angle's campaign, as in "call a press conference and don't take any questions."
longtimelurker wrote:
Brewer is a very dim bulb. And I am fairly sure she will get elected.
So we will have more interesting times here in Az.
My earliest memory is being 3 years old and in a cabin in the National Park, and I opened the door inwards and a bear about 3x my size was rooting through a trash can 5 feet away...
The first of close to 800 bears i've seen in the wild, subsequently.
Winston wrote:
In the US? Guns, cleaning supplies, fertilizer, gasoline, cars.
Bloomberg.com has highlighted Waste and Scrap shipments as the rail commodity most closely correlated with the U.S. economy (GDP)
Looking at the Railfax website, it looks like scrap shipments are running under 2009.
Railfax Report - North American Rail Freight Traffic Carloading Report
What is this saying about Q3, Q4 GDP?
It would take a really powerful memory like that to remain with you from age 3. Most all of our memories from an early age are overwritten by newer events. I guess reminiscing wasn't considered a necessary adaptation for the species.
...theme muzak...
YouTube - Chris Isaak performing "Baby Did a Bad Bad Thing" Soundstage
Ko Aotearoa e ngunguru nei! (This is our land that rumbles: All Black haka). Thanks, Bob Dobbs, we're alright here. I hope not to wake up like that again soon.
Juvenal Delinquent wrote:
I've seen plenty of bear markets, bare women, and wild bears, too.
Juvenal Delinquent wrote:
You don't like using the bearproof trash bins, do you?
some investor guy wrote:
That tends to draw a different response than rubber bullets, tear gas and water cannon.
Comrade Dazed and Amused wrote:
sportsfan wrote:
I remember my elementary days like they were yesterday. Of course, I am a 12 year-old girl living in Topeka.
Comrade Dazed and Amused wrote:
I'll quote Nemo:
some investor guy wrote:
Fertilizer. So many armed with bullshit.
some investor guy wrote:
I would expect beer cans, beer bottles, and bongs. The only mobs/riots I read about are in college towns.
Blackhalo wrote:
You have a point.
In that case, the mob should bring video cameras and used bubble gum.
My first encounter with a bruin would've been 1965, and the trash cans were like picnic baskets for Yogi & co., but they've since made major improvements on the design...
For about 20 years i'd always hang my food by counter-balance method on a tree limb, and never lost a morsel of food to anything, but i've switched to a bear cannister the past 5 years, they're a pain in the arse and don't hold nearly enough food for a couple people, but it's bulletproof, and makes for a good seat.
The last good riot I witnessed occurred because cops wanted to shut down a party. Burning couches ensued. Ultimately I ended up protecting a pretty co-ed from harms way, and she rewarded me by being very giving. Giving women are the best.
Juvenal Delinquent wrote:
A grizzly statistic. I can barely stand to think about it.
Today I learned that JFK was killed because he wanted to strip the Federal Reserve of their powers!
Otepoti,
Glad to hear you are ok, and do tell about your experience...
Re: "a year into the recovery,"
Huh ... I keep seeing and hearing about the recovery, when did that start??
ac wrote:
Everyday you don't learn something new is a wasted day. There are many wasted nights on this post. You people should quit drinking and commenting. Commenting is a bad habit.
Back from lunch...
Per earlier discuss re:lateral forces and straightness of HSR tracks. Even if US comfort standards are tighter than those in Europe, it's clear that curvature must be limited; 1600m is a one mile radius. Existing right-of-ways rarely come close to this, save for some rural flatland.
http://en.wikipedia.org/wiki/Madrid%E2%80%93Sevilla_high-speed_rail_line
Doc Holiday wrote:
I don't know when it started, but I know where. Over at the OK Coral.
ac wrote:
And
New Orleans conspiracy,
CIA conspiracy
Secret Service conspiracy
Cuban exiles conspiracy
Organized crime conspiracy
Lyndon Johnson conspiracy
Soviet Bloc conspiracy
Israeli conspiracy
I'm sure I missed some...
That's an old story, and the evidence is what are called United States Notes, banknotes with a Red Seal, that were issued during his presidency, a competitor to Federal Reserve Banknotes...
John-F-Kennedy.net - John F. Kennedy vs The Federal Reserve
April 12, 2010 A Dissenter on the Recession Committee - NY Times
The committee also reaffirmed its earlier announcement that the recession began in December 2007.
If the recession did end in June, it would have lasted about 18 months, two months longer than any recession since the Great Depression.
++> Now get out there an buy something!
==> I can't believe I thought there was still a recession going on ... WTF was I thinking????
Do I need money for that?
Nothing much to tell, JD, shift happens.
We woke up, we stood under the door lintels, we phoned our family and friends, we went back to bed.
As promised on the previous thread, here is my analysis of the employment report today. It is probably the most extensive write up you will find out there, so warning its a long one
August Employment Report - In-Depth - Zacks.com
lawyerliz wrote:
Didn't Obama send you a credit card?
This recession ends when you get a job at one of the US military branches. They will just give you one. You don't even need to ask.
Actually that post is only the first half of the analysis, more to come in a bit
Doc Holiday wrote:
The NBER is considered to be the official scorekeeper for recessions, and they have dated the beginning of the "Great Recession" to December 2007. While it is true that consumer demand (as measured by our Daily Growth Index) peaked prior to that month (on July 28, 2007 to be exact), we find that during December 2007 consumer demand was still growing year-over-year by more than 1% -- slow growth perhaps, but hardly a recession. In fact, on December 13, 2007 some sectors of consumer demand were almost giddy in their growth: housing was still growing at a 12.8% year-over-year rate while our retail department chain index was up double digits. Consumers were clearly not yet in any major funk.
By May 26, 2008 -- nearly two quarters after the NBER claims we were already in a recession -- consumer demand for discretionary durable goods had finally slipped into year-over-year net contraction. By that time the consumer climate had changed: crude oil was topping $130 per barrel and the collapse of Bear Stearns was in the nightly news. Additionally, in the U.S. the presidential primaries were in full swing, bringing with them unprecedented political uncertainty. When the timing of consumer behavior changes is better understood, the triggering events can be more readily identified. By May 2008 consumers had good reasons to be cautious about big-ticket discretionary expenditures -- reasons that simply had not existed six months earlier.
Consumer Metrics Institute: Home of Daily Consumer Leading Indicators
Similarly, the lowest levels of consumer demand we have ever recorded occurred on November 5, 2008
some investor guy wrote:
I happened to do the drive from Encino to Santa Monica yesterday afternoon in a car with an outside temperature display. The temperature difference between the two places (a distance of maybe 10 miles) was 32 degrees. (99 vs 67).
I've seen black bears in every color scheme from strawberry-blonde to jet-black and inbetween, but i've never seen a grizzly in the wild.
That is great you did that Dirk. But an indepth employment analysis right now is like spending 3 months in an autopsy to determine how the man who many witnesses saw get shot and collapse died.
They have stones, and they have phones.
So, why not?
Juvenal Delinquent wrote:
Didn't JFK also want to monetize the silver in the Treasury?
I just posted a book recommendation: Rolling Stones and Other Works by O. Henry (Halcyon Classics)
Otepoti wrote:
Good to hear you're safe. Following situation closely from Auckland, as we have many friends around ChCh.
I think they should rename this weekend to Unemployed Labor Day Weekend to get with the times. And they should shoot gov't cheese in the air from big canons. And everyone gets an FHA loan.
Yeah, and he wanted to start making Peace silver dollars again...
Elvis wrote:
You spoiled the surprise!
It just isn't the same when you get a day off when you are unemployed.
Rail traffic may be getting a bump from the hardware coming back from Iraq. One battalions vehicles alone can fill a ship.
Plus munitions and all the other gear. A lot of tail coming back this way.
Mr Slippery wrote:
The wiki version seems accurate for the era, but without key attribution:
*nova wrote - A lot of tail coming back this way*
familyblogfamilyblogfamilyblog
C
Tommy Vu wrote:
Ah the good ol days; makes me wanna get a pipe out: Greenspan Says Asset Prices May Fall After `Euphoria' (Update1) - Bloomberg
Juvenal Delinquent wrote:
Love the Peace dollar with big perched eagle on the back.
Obama tells us this morning we are moving in the right direction, summer of recovery, blah blah, then emergency stimuli next week?
White House considering emergency economic stimuli - Glenn Thrush - POLITICO.com
A client got an actual modification, which I told them to turn down. 80 k underwater, no principal cut.
But it's my HOUSE.
Luckily (maybe) they withdrew the mod before she could sign it and send it back. She has been making payments for months and months. The reason for the withdrawal of the offer was they said they couldn't find her.
ok here is part 2
August Employment Report (Part 2) - Zacks.com
Mr Slippery wrote:
In the old days, they would have waited a week to flip directions.... time is moving faster I guess?
Perfectly logical. summer is over.
Mr Slippery wrote:
Speaking of summer and recovery, Unemployed Labor Day Weekend is a good time to buy beer on sale. Stock up now. Maybe mp has room in his walk in refrigerator/freezers to store the extras for you. Remember when in doubt always go with Mexican beer and American moonshine.
I must go participate in a regatta. Fortunately, Elin got the yacht.
sm_landlord wrote:
Sounds similar to the summer temperature difference between Toledo, OR, & Newport, OR. Not sure of the distance, probably around 10 miles. Marine air layer + fog = temperature difference > 15-20 degrees.
It used to be Nevada state gaming law, that there had to be 1000x the face value of every slot machine in cash reserves @ casinos across the state, and 20 years ago, I bought 48,000 Morgan silver dollars from an olde time casino owner in Reno that took them off the tables in 1963-64, and just stuck them in the vault, each bag of 1,000 coins representing 48x $1.00 slot machines, instead of folding money...
Juvenal Delinquent wrote:
time for blanket indictments/convictions: anybody in the top 5 layers of management at JPM, GS, Citi, Wells, BOA, and the Fed, for felony greed (aggravated) and terminal stupidity. 25-to-life each count.;
And besides Citi must be destroyed!
I tried to vote in the BFF poll but it was closed.
I'm saying 6.
Don't forget the Boards, for gross fiduciary misconduct.
C
Did they exist while they were in the vault?
IF A tree falls in the forrest. . . .and only Juvie was there to hear it, did it make a sound?
lawyerliz wrote:
Please wait on the Citi desctruction until after I get my 100K free frequent flier miles from the new Citi Visa I opened last month. kthxbye!
The casino owner met his fiduciary obligation, and i'm sure Nv state gaming officials dutifully counted each canvas bag with 1,000 cartwheels in it, about 27 times once a year, before I showed up.
Romer told us that the first big stimulus would cap unemployment at 8%. Here we are 18 months later, about 2 trillion more in debt and a 9.6% unemployment rate and rising.
Counterpointer wrote:
You used "board" and "fiduciary" in the same sentence. I'm sooo confuused..
lawyerliz wrote:
No. Citi musty be allowed to adhere to the rules of being a bank. Same result but no effort required.
Mr Slippery wrote:
yet somehow that fool will stay employed.
And this morning, NPR assured me that the employment report of was good.
Everything is good. Neutral is good. Bad is good.
We are all good now.
Juvenal Delinquent wrote:
1921-1935 Peace Dollar $1.00 $15.3916 1539.16%
United States Circulating Coinage Intrinsic Value Table
Hey, JD. Wanna go kayaking together?
glimmerman wrote:
and well paid by the taxpayers of california. fat pension and healthcare too I'm sure
Romer struck me as having the intellect of somebody with an IQ in the low triple digits, i.e. anybody.
Musty? Cool.
Effort required to burn bought off politicians at the stake, alas.
Mr Slippery wrote:
Change the way unemployment rates are figured
Isn't Romer teaching economics? Wonder why teaching doesn't always work in reality?
Ha ha,
The 48,000 went away pretty promptly, as the key to being a numismatist is turnover, constant turnover. Make a few percent on that deal, 10% on another deal, move em' along, rawhide!
Sacramento loan to Kings changed without council's OK - Sacramento Sports - Kings, 49ers, Raiders, High School Sports | Sacramento Bee
Seven years ago, without telling the City Council, former Sacramento City Treasurer Tom Friery agreed to make a notable change to the terms of the city's $73 million loan to the Kings.
Friery agreed to the Kings' request that the city's loan be put second in line for repayment – behind a new line of credit of up to $75 million the NBA was offering each of its teams.
CounterPunch: Tells the Fact, Names the Names
Does Our Economy Really Have to Run on Fraud?
By MICHAEL HUDSON
HomeGnome wrote:
Would calling that self-Californication be redundant?
Edit: or maybe auto-Calierotic?
Juvenal Delinquent wrote:
I have seen a number in Alaska (Denali NP). They are beautiful. And fearsome. Beautifully fearsome.
Yes.
Oooooh, maybe he didn't have the authority to do that! Lawyer fees, hurrah.
Dontcha love how pro sports teams hold cities hostage financially?
My wife claims that there'd be 100 suicides in Buffalo, if the Bills were to leave, but I can't imagine more than 50 people doing themselves in....
lawyerliz wrote:
Miami police union sues city over pay cuts - Miami-Dade - MiamiHerald.com
Snip/./
During Tuesday's meeting, the administration produced a chart showing that a 52-year-old police officer retiring with 30 years' experience at a final salary of $94,000 could collect a lump sum of $832,000 and an annual pension of $92,000.
glimmerman wrote:
Why, no. It's best to run a multi-pronged strategy that includes greed, political bribery, shortsightedness and regulatory capture to ensure success.
I watched a grizzly as a kid move across a glacier snow field. Nothing like being in the woods and seeing a tree they had scratched on and realizing their reach.
Juvenal Delinquent wrote:
You say that like it's a bad thing.
September 3, 2010
Hezbollah has located some 15,000 rockets along the Lebanese border with Israel in violation of U.N. resolutions, Israeli Ambassador to the United States Michael Oren said Sept. 3, AFP reported. Oren said the rockets, numbering four times more than during the 2006 Lebanon war, could strike any Israeli city, including Eilat. The weapons are also more accurate and contain larger payloads, Oren said.
amiram, comment?
I don't buy it, LSBF know the drill about disappointment.
seen a few grizzlies in montana and wyoming, never up close though, always from a good distance away. same can't be said of black and brown bears, where i have at times been uncomfortably close.
Juvenal Delinquent wrote:
Yeah, dude.
I'm guessing maybe five off themselves.
All noobs.
I held the gun that killed the last Grizzly in California in 1926, a few years ago.
Hey, a big "thank you" to everyone who participated in the BFF Poll this week.

Good luck.
should have thrown it in a smelter.
Lou Reed, last great american whale
glimmerman wrote:
I don't see the purpose of the FCIC. Finreg has passed, called the toughest wall st reform since the 1930's yet the FCIC was established, as was the Pecora comm. to investigate the causes of the financial crisis. The Pecora comm. paved the way for, according to Wiki, " United States Congress passed the Glass-Steagall Banking Act of 1933 to separate commercial and investment banking, the Securities Act of 1933 to set penalties for filing false information about stock offerings, and the Securities Exchange Act of 1934, which formed the SEC, to regulate the stock exchanges. Some argue that thanks to the legacy of Pecora Commission's hearings and subsequent regulatory legislation, American economy had a sound financial system for roughly half a century"
Obama forms a commision to find the causes of the financial crisis and well before the findings are out a finreg bill is passed with much fanfare. More taxpayer money wasted on Angelidies and the FCIC. Banana republic with nukes in action
And the mayor thinks this is just a minor "housekeeping issue". While the collateral is now worth one third of the loan amount. Without the superior loan. Is the mayor that clueless? Or lying? The only housekeeping I see is sweeping under the rug.
It's interesting, all the history books have the last Grizzly in California dying in 1922, but they're wrong.
I've seen a 1930 newspaper account of it-from 4 years earlier, and met the man whose grandfather did the deed.
Must head out to Merritt Island. I am getting really tired of dealing with the lack of reality everywhere.
When there is no money, there is no money. There were frowns everywhere when I went downtown earlier this weeks, I guess nobody liked the paycuts. Gee, will this mean that every fewer mtges are being paid?
And if one more person tells me, but it's my house, I am going to scream.
Safe travels, Liz.
Juvenal Delinquent wrote:
... and in retrospect?
6:18 and no BFF
y. What a sad, sick joke this enterprise (the USA) has become.
It's getting to be not worth it. Those frowning grouchy people still have jobs.
Smoot Hawley or bust.
Boycott China. Strike everybody. Why should unions have all the fun?
One last thought. This may be genetically programmed into us. People built walled cities and then defended them. The defenders may have reproduced themselves better than those that ran away. This has been going on for millenia.
After all, people used to move all they time.
And I saw the same thing after Hurricane Andrew too.
I think some sort of irrational preprogrammed response is triggered, when someone tries to kick you out.
The pride of ownership. Programed to think that way.
Church plans Quran-burning event - CNN
I'm starting to think Jas might have been right about a few things.
BBAD.
JPMorgan CEO Dimon Cuts Chicago Mansion's Asking Price Again - Bloomberg
Coldwell Banker Residential Brokerage Has Illinois Homes Listed Online
Anonymous Bosch wrote:
U.S.S. Epic Fail.
I was woken by the Kiwi earthquake.
I am approx. 50Km south of the epicenter.
Didn't get out of bed because I didn't think it was the big one.
The big one is when the the Alpine Fault lets go.
Alpine Fault - Wikipedia, the free encyclopedia
Someone who was present for the San Fransisco 89er was interviewed on the radio and reckoned this one was worse.
It was very shallow (for an earthquake), 12km, so the damage in the area surrounding the epicenter is probably quite severe.
lawyerliz wrote:
We need a 2x4 to the forehead reply for this. I don't know how we'd phrase it but damn .
Tommy Vu wrote:
Which takes me back to an earlier comment of mine: FDR in the 1930's ""Business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering. They had begun to consider the Government of the United States as a mere appendage to their own affairs. We know now that Government by organized money is just as dangerous as Government by organized mob. Never before in all our history have these forces been so united against one candidate as they stand today. They are unanimous in their hate for me, and I welcome their hatred."
Obama 2010 "I am here today because I want to urge you to join us," he said, "instead of fighting us in this effort. I am here because I believe that these reforms are, in the end, not only in the best interest of our country, but in the best interest of our financial sector."
Jamie Dimon slashes price on Gold Coast mansion | Chicago Breaking Business
Here is the listing:
Chicago Real Estate - Premier property listings to buy and sell - Luxury Condos and Single Family Homes - Real Estate Listings Search - MLS ID 07506618
It was a most interesting business life, I never knew what was going to happen next, for 30 years.
Most people know what they are going to be doing weeks, months or years in advance, but I generally had no idea what was going to happen tomorrow, it makes you very quick on your feet and mind, opportunity was always knocking...
Rob Dawg wrote:
It's a LART of course.
LART
CalculatedRisk wrote:
From the article: "JPMorgan Chase & Co. Chairman and Chief Executive Officer Jamie Dimon has slashed the asking price of his 18-room Gold Coast mansion from $9.5 million all the way down to $6.95 million.
The Tribune has learned that the eight-bedroom, 13,500-square-foot mansion now is listed for slightly more than half of Dimon’s original $13.5 million asking price for the home in 2007. Now based in New York, Dimon, 54, paid $4.68 million for the mansion in 2000. "
Remember too that the reporting Tribune is also in BK because of RE gone bad.
Man Tasered at Home for Refusing to Go to Hospital wltx.com | Columbia, SC News, Weather and Sports |
Evolution at work. Former Muslim armies around Israel were undisciplined ragheads but not anymore. Next war will bring huge numbers of casualties in Israel if they are foolish enough to start one.
LoserBeachBum wrote:
You're thinking of the Muslins.
Rob Dawg wrote:
From the listing: family friendly home
Pfft!
If Dimon had any pull, TARP would've come through and bought the home to use as a clubhouse...
YouTube - BLUE RODEO - Diamond Mine
Gnome,
He didn't ask if the man had insurance! See! This country has changed for the better.
HomeGnome wrote:
Adding to the irony, the ad that I get embedded with that story is for the Holy Innocents Church.
pavel.chichikov wrote:
It has been known that Hezbollah has been arming themselves since the end of the 2006 skirmish, the U.N knowing that Hezbollah will attack them if they try to stop the weapons smuggling does nothing, Israel for political reasons (both internal and external) is also unable to act against it. This insures another round, this time with Hezbollah having much more weaponry with which to attack Israel. This will ultimately lead to an Israeli invasion into Lebanon, with very large casualties on both sides.
, It doesn't matter what Abbas and Natanyahu agree upon because they don't have any control of events. It all currently depends on Iran Hezbollah and Hamas. (there have been several shootings with casualties on Israeli civilians over the past few days, if it continues Israel will have to respond, and Hezbollah will likely respond to that...)
The current peace talks are one big
YouTube - Fight Night at the US Open - New York Post
amiramr0 wrote:
are you taking a break from the drive thru to report your opinion?
CalculatedRisk wrote:
Future value thing yah know....
"The deputy tells McFarland he is going to take him to the hospital because he may be suicidal"
Mcfarland doesn't want to go to the hospital, so he's tased, arrested for resisting arrest. In other banana republics, calling the police is used only as a last resort, if at all.
CalculatedRisk wrote:
Whoa, that's only $515/sf. There are plenty of folks in California who think their homes are worth that much . . .
. . . and those aren't mansions.
Eric wrote:
and it was called a clue-by-4
Methinks some folks are looking to sue-a-side, by taking a little heat, and the overamped cops are only too eager.
Oxtail wrote:
110 in the shade of my carport near Phoenix.
volker the viking wrote:
I thought you had that squirrelly little shit there for a second.
Next time, just kick the little bastard in the balls.
Anonymous Bosch wrote:
That's in the LART def.
"Marin County Sheriff's Department has not commented on the story. "
What can we say? It's Marin County, suicide capitol of the world.
think of all the jobs Dimon's created.
housekeepers, window-washers, gardeners, cooks...
Rob Dawg wrote:
and what was the 1996 price? or the 1992 price? I hope Jamie takes it up the a$$et$
LoserBeachBum wrote:
Book recommendation: ORGANIZATIONS AT WAR IN AFGHANISTAN AND BEYOND
Basel Too wrote:
they were a factor in the birth death model today
America is a quite violent place, but we have been incredibly docile compared to hooligans @ sporting events across the pond, but don't count us out, not yet.
Mr Slippery wrote:
The economy was in much worse shape than it appeared to Romer back then. By the time the ARRA was passed the U3 rate was already 8.2%. With a mssive program like the ARRA, the soonest anyone could have expected to see any impact would ahve been May (remember the umeployment rate for each month is based on a survey mid month) and by that point the UE rate was 9.4%.
The ARRA should ahve been larger and more focused on infrastructure projects. Thise however would have taken even longer to get up and going, but would have had a positive long term ROI. Both Blinder-Zandi and the CBO have found that the ARRA did pretty much what it was advertised to do, but it was facing a much bigger problem than it was designed for. i wish it were bigger, but that probably wouldnt have passed at all and then we would be sitting here with the UE rate at 14-15%.
LoserBeachBum wrote:
Yes that is correct, from 1947 the Arab armies where less disciplined and less trained, this meant the Israeli army, although smaller was able to defeat the Arab armies. There was also a lot of luck involved, and some of the biggest winds were because Israeli field commanders disobeyed orders from their superiors.
Israel is not likely to start one, they are likely to be pulled into one (2006 for example).
"We've got a Marinfidel in our midst, should I taser him?, over."
Buddy's car broke down.
Must go get him.
See you taters later.
amiramr0 wrote:
there is almost nothing in your post that is correct
volker the viking wrote:
So please correct what I got wrong. (no
)
what would you like to clear up?
..............................................................................we seem to have veered into Israel
If general war breaks out in that region, it will affect your investments, folks, if you want to take a self-absorbed view of it. This is a financial blog.
volker the viking wrote:
Everything. Show me my mistakes .
post your critique
ciao. I detest unpleasantness.
The news says we need to spend 2T over the next 5 years on bridges and such. They are showing self healing concrete that should be available soon. Invented by an Asian immigrant.
me too, volker out, gonna go have a long talk with my cat
Juvenal Delinquent wrote:
I thought we just veered into word games.
Comrade Elmer Fudd wrote:
Please do, Volker
"there is almost nothing in your post that is correct "
Then please elaborate oh wise one. Rather than 94 snarks one after another when someone's trying to explain something in a serious manner.
josap wrote:
It is amazing just how bad most of them are here in AZ. And I grew up in CA.
Disclosure: I was born in Israel, I served in the Israeli army (Infantry). I now live in the US with no plans to (ever) move back.
I posted a link to the WP article about Romer's farewell speech the other night. She didn't really have much of an answer for what needed to be done today except it should be "low-cost". Some of the ideas to right the economy were tax break for businesses, more free trade agreements, and a stronger export policy. Does not give me much confidence that anyone in the administration has a clue what's going on with the economy.
Now for some much needed entertainment:
dancing meringue dog on Yahoo! Video
Word games come with the territory, subject matter comes and goes.
volker doesn't do critique or analysis. Insulting put-downs is more his thing.
Oxtail wrote:
"volker just dumbass. no like to get called on bluff"
Juvenal Delinquent wrote:
As a direct result of some past word games, I miss some subject matter, and that's okay.
It's a risk, but with a calculated payoff.
Tom in AZ wrote:
We have a long history of strange govenors.
The first territorial gov had to be broken out of a Mexican jail. The military went down and brought him back to serve.
Edit: can't spell, no sleep last night
Fist fights at tennis?
What happens at a Rangers' game?
Words shoud be strung togerther like a strand of graduated pearls, for best affect...
Are there no banks left in Georgia?
2 Fail-Safe-Fridays in a row?
Where is bank failure friday? I keep waiting and it's not showing up.
Israel is in a bad spot. The brutal occupation politics against Palestinians are not working and the enemies are growing stronger and stronger. More and more like South Africa at the end of Apartheid era. Palestinians are not exactly very forgiving after suffering 60 years of crap. Israel will either fade away or go out with guns blazing.
Shiela has us on a diet, no
&
What a sad, sick joke this enterprise (the U$A) has become.
I voted for 11 deep-debt pizzas on BFF, i'd be happy with just 1 now.
american taxpayer wrote:
Only the West Coast can save us now!
Juvenal Delinquent wrote:
I'm from the crowd that thinks they should also be spelled correctly, but that was too easy.
The much better discourse would include the subtleties between affect and effect:
What is the Difference Between Affect and Effect?
If most folks could just remember the noun/verb distinction and skip the subtleties, that would work most of the time.
If you are really curious, wear an islanders jersey to madison square garden.
probably the only arena where the fans bag on the ones with more expensive seats. before the re-do of msg, the people in the blue seats (up high) would chant 'red seats suck' (red seats were down at ice level) during rangers games.
I wanted
but got
Spell-check made me stupid, and i'm only just relearning how to write better.
You will get nothing and like it!
Finally caught up on this friday before a holiday.
Don't want to pay overtime for monday,
Someday this war's gonna end...
Spele chcek iz four loosers.
All right, I give up.
If the FDIC doesn't want to close any banks today, I'll just have to live with it.
Elsewhere.
Later.
I'm giving the Bair Which Project like 5 minutes to come through, or else i'm going to go do something productive.
Maybe FDIC employees just are fed up touring small town America, took this Friday off, drinking themselves silly somewhere and sharing bank closure war stories.
I don't have a link, but I was reading somewhere recently (probably in the WSJ) that the FDIC was no longer giving attractive terms to companies that were willing to bid on zombie banks.
So what we could be seeing here is a buyer's strike.
Having your vehicle break down on a Friday sucks.
sm_landlord wrote:
Mariner Buys Interest in $760 Million Loan Portfolio From FDIC - BusinessWeek
I'm starting to take this shit with Shelia way too personally...
sm_landlord wrote:
Maybe Sheila wants them all herself - making money for the taxpayer jus' like the fed, fannie & fred.
Fore!
...thanks for nothing, Sheila
With labor day... I feel another 0 week coming on. But I took 7 in the poll because it's a lucky number!
"Must sell, owner job relocation."
Lying sack of
7208 Thorndale Dr, Oakland, CA 94611 | MLS# 40485893
HomeGnome wrote:
Pretty good terms, but that was stuff that the FDIC took directly, rather than doing the takeover with a buyer in place.
Maybe Sheila doesn't want to have to eat any more of what she seizes.
Juvenal Delinquent wrote:
Another satisfying
aClem wrote:
I took zeeeero because I figured the FDICers were all up at Lake Eufala par-tay-ing all weekend.
volker the viking wrote:
This is what happens when everybody starts watching too much Jersey Shore, including geezers and women.
Leave the Jersey at the shore.
Uncle Ar wrote:
Former blue seater season ticket holder (section 406). I saw that once, the guy barely made it out with any clothes on.
picosec wrote:
Send it to Jim The Realtor - outside his sphere but he might give it some exposure.
pavel.chichikov wrote:
Mine were expunged (I hope)
Which end of the cow is the grasshole?
"Which end of the cow is the grasshole? "
It;s the one below the moobs.
UPDATE 2-Taxpayers likely to face initial loss on GM IPO-sources
| Reuters
NEW YORK/DETROIT, Sept 3 (Reuters) - The U.S. government is likely to take a loss on General Motors Co [GM.UL] in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.
Subsequent offerings of the government's holdings may be profitable depending on how investors trade the newly listed stock, the sources said.
But the question of whether taxpayers are ultimately made whole on GM's $50 billion bailout could be left open for years, the people said.
It could take more than three years for the Treasury to sell down its remaining stake in GM after the IPO, one person said. That would push a final accounting into the next presidential term.
[mouth salivating]
I bought some Johnsonville (WI) brats and bakery sub-rolls for the weekend. But it is unclear which day this weekend is officially brat day. Did I mention I have some OR brown mustard with horseradish for the brats, and does that change the day of preference?
Where TF did the summer go? Mem;. Day was like yesterday. July 4th was this AM. I guess T-day will be Tues.
Juvenal Delinquent wrote:
Don't know your connection to the Queen City other than being a LSBF, but...
, but it doesn't rate a flutter on the irony meter.
They have completed the 30M renovation of Riverside High....including a state of the art football stadium. Not sure if it was the Riverside coach or the BPS Director of Athletics, but one of them was quoted as saying words to the effect of "now no one can dis us on our home turf". Guess he misses the connection between his word & recent events here........hey, kids, break out those Mac 10s!
"and does that change the day of preference?"
Brats are cooked and eaten the day you buy them REGARDLESS of what day they were planned for
"Former director of the Office of Management and Budget Peter Orszag will join the New York Times as a columnist, the newspaper announced Friday.
Orszag, who left the Obama administration this summer, will write one to two columns per month on economic and domestic issues for the paper."
This should be interesting.
IMO the story of the week is the guy at home tasered by the police because he didnt want the cops to take him to the hospital. He was arrested and charged with ''resisting arrest', when the police had no legal basis for arresting him.
Tells you all you need to know about what's ahead in the USA USA USA.
Jesus. I've suddenly become a local marketing/PR firm. I have more work than I can do, and I didn't even bother advertising.
JimPortlandOR wrote:
I linked it earlier today, Jim.
poic wrote:
Agree.
That brown mustard with horseradish sounds damn tasty too.
Could this be our JD?
Foolish Fans
Hoopajoops LTD wrote:
wow, talk about joining the dark side. will you be speaking for Sarah or Newt?
there is no difference between a lie, a misstatement and something resembing the truth in that profession.
Are you running a fever?
HomeGnome wrote:
local and organic, too! Lots of horseradish grown in western OR. - don't know why though.
I was jilted by not just one, but 2 NFL teams in the City of Angles, left @ the altar offsides, and I like to snatch defeat from the jaws of victory, and my wife is from Buffalo, so it was a natural for me to become a LSBF.
amiramr0 wrote:
Let's see, RD got slapped in the last post, VtV the tough guy cuts out.......change IS in the air.
>
I am in ideological agreement with my campaigns because I serve local businesses exclusively. I do it cheap and clever, too. No lies. There was a lot of bullshit, as I did hold a manure flinging contest.