I wonder, should we start charging Europe for having our army bases in there. It should start trembling in the face of Russian (KGB) renaissance right about now. Might be a way to reduce our budget deficit, if only our next president was bright enough to turn the whole situation to our advantage.
Have you seen the cheer for US team in the Olympics or last PBS show on kids in China? Apparently they LOVE CAPITALISM and adore our University and Market systems. If we play our cards right we will reign for another many generations to come.
"Have you seen the cheer for US team in the Olympics or last PBS show on kids in China?"
Do you remember the staged cheering of the close up of the Iraqi poodle exiles in the US flown to Iraq and the soldiers pulling down the statue of Saddam.
Why is there any uninsured deposits with ample warning IndyMac was going to fail, the FDIC limits spelled out everywhere and the availability of brokered CDs and CDARS to insure upto 50 million. It seems as hard as we try, we can not protect the stupid.
DrChaos -
considering that it was a French brokered agreement that seems to have ended the current Georgia conflict, maybe the U.S. should be paying the French? After all, Bush and Putin having a chat at the Olympics certainly didn't make any difference to a multi-pronged armored attack, well supported by complete dominance of Georgian airspace.
Lesson number 1 for the Georgians - don't attack Russians, even if they are nibbling away at your territory.
Lesson number 2 for the Georgians - don't count on the neo-con U.S. government to do anything but demonstrate their incompetence when facing reality.
Lesson number 3 for the Georgians - NATO is never, ever (technicalities aside, like Kaliningrad or the Baltic states) going to reach Russian borders, if the Russians have anything to say about it. And they will, except it won't be the sort of empty words used by the Bush League.
"Is this an attempt to try to jawbone inflation because the Fed should really be concerned about deflation now."
Come on my man. You know these asshats don't know whether they're coming or going. They don't know if they're alive either. They have no sort of sensory perception at all.
General Motors Corp is looking to trim its nearly $5 billion-a-year health-care tab, is cracking down on workers who are collecting medical benefits for ineligible dependents, the Wall Street Journal said Wednesday.
Perhaps the Fed has finally realized that it's "worrying about deflation" has f*cked the real (ie. minus the bankers and the REIC) economy so bad that it's time to let nature take over?
Whaddyaknow? Restaurant chains purchased by private equity firms in recent years are now having trouble with their debt-loads.
From the WSJ$, Uno Restaurant Chain Talks
With Lenders on Payment
Excerpts:
The parent of Uno Chicago Grill, a chain of 200-plus pizzeria-themed restaurants, will skip a bond payment on Friday as it tries to negotiate more financial breathing room amid increasingly difficult times for sit-down eateries . . .
It was acquired in a leveraged-buyout in January 2005 by the private-equity fund Centre Partners and members of management. . .
Other chains, such as Chevys Fresh Mex and the home-style Perkins and Marie Callender's chains are also in talks with their lenders, say several people familiar with the companies. These chains, which combined have about 1,000 sites across the country and 40,000 employees, also face difficulties. All have had earnings slow as diners cut back on eating outside their homes. At the same time, the companies are managing heavy debt loads placed on them by private-equity funds.
Can we finally get away from this idea that private equity knows how to run a business better than the original owners, well, just because?
Misean-
Does your "greater idiot" theory offer any explaination for Vista and Office 2007? I'm not sure my IT dept truly understands the horror of Office 2007, I don't think any of them have tried to work with it, but I gave them the lowdown, being an idiot at-home buyer of the admittedly cheap yet still getting cheaper bundle of junk.
"Does your "greater idiot" theory offer any explaination for Vista and Office 2007? I'm not sure my IT dept truly understands the horror of Office 2007, I don't think any of them have tried to work with it, but I gave them the lowdown, being an idiot at-home buyer of the admittedly cheap yet still getting cheaper bundle of junk."
I do not understand for the life of me M$ change of interface...nore do I understand HastlaVista. Some MBA made some decision and forced the programers to break everything. My only guess. M$ has had it's software act the same way for 27 years...then they completely change it.
I have no idea what idiot ordered this. I would love to find out though.
DrChaos -
yep - which is why the Ukraine isn't going to join NATO either. And whatever U.S. strategic genius thought that the Russians were just going to let NATO take over the major port facilities on the Black Sea is likely the same person that lent the Georgians support in thinking that attacking Russian soldiers would be a way to show democracy in action.
Basically, the U.S. is being run by people who just don't care that facts contradict their fantasies.
If FDIC had planned to cover 50% of IMB uninsured and found $400 less uninsured than it had estimated, it (you) spent another $200 billion more than planned.
If FDIC had planned to cover 50% of IMB uninsured and found $400 million less uninsured than it had estimated, it (you) spent another $200 million more than planned.
If the FDIC is already taking a multi-billion dollar loss on IndyMac, can someone explain to me why the uninsured deposits are being paid at 50% instead of, oh, 0%?
I live in Asia long time, I know mind of Chinaman businessman.
Chinaman businessman quite confident he better businessman than longnose Yankee businessman.
Chinaman businessman beat longnose businessman at own game...
Chinaman businessman plenty patient, soon own all of USA.
"Chinaman businessman plenty patient, soon own all of USA.
You see, just watch..."
Haha... we already been owned, remember Japanese in the late 80's?
Contrary to Chinese though Japanese were able to sell their products in here under their brand names...
Show me one Chinese firm besides the Lenovo (bought the brand name useless to IBM) that sells its products directly to Americans under its own brand.
Most money is made in design and marketing, and Chinese firms have yet to learn to market goods in here on their own, which is rather long shot.
By the way, I had plenty of Chinese co-workers in the past. Don't remember any of them being that ARROGANT.
Does anyone know what the priority of uninsured depositors are in the credit scale relative to secured debt, unsecured debt, general creditors? Seems as though paying out 50% up front puts them right behind insured depositors and in front of other creditors.
Uno. Wait til zions tanks.
Failing banks using every method possible to shove responsibility back to the FDIC? That's impossible!
Does this mean its going to cost FDIC more than they had estimated?
"Does this mean its going to cost FDIC more than they had estimated"
Well, not exactly. If you look in the mirror you will see who will be paying for IMB's incredible risk taking and enormous bonuses/stock grants etc.
Looting without any consequences.
I am shocked, SHOCKED! at such shennanigans!
I mean that the FDIC didn't know about this activity not that the horribly corrupt INDYMAC pulled this shite.
Bye the bye, the sign on the Pasadena headquarters building still says IndyMac. Just sayin'.
Cheers,
I wonder, should we start charging Europe for having our army bases in there. It should start trembling in the face of Russian (KGB) renaissance right about now. Might be a way to reduce our budget deficit, if only our next president was bright enough to turn the whole situation to our advantage.
Have you seen the cheer for US team in the Olympics or last PBS show on kids in China? Apparently they LOVE CAPITALISM and adore our University and Market systems. If we play our cards right we will reign for another many generations to come.
Good peaceful night all.
Who Owns Your Loan?
Entrepreneurs are negotiating with tough new creditors as banks look to ditch troubled loans
Who Owns Your Loan?
bearly,
Great name...now I've got Barley (I think) barely and you to try and figure out who I'm reading. Thanks.
"If you look in the mirror you will see who will be paying for IMB's incredible risk taking and enormous bonuses/stock grants etc."
Yep...So I suggest finding a neighbor who is BK/FC'd and punching the f*ck out of them.
Cheers,
DrChaos,
"Have you seen the cheer for US team in the Olympics or last PBS show on kids in China?"
Do you remember the staged cheering of the close up of the Iraqi poodle exiles in the US flown to Iraq and the soldiers pulling down the statue of Saddam.
Cheers,
I changed from barely. Too much confusion with Barley in the posts.
bearly,
OK cool. Thought I recognized the writing style.
Cheers,
Why is there any uninsured deposits with ample warning IndyMac was going to fail, the FDIC limits spelled out everywhere and the availability of brokered CDs and CDARS to insure upto 50 million. It seems as hard as we try, we can not protect the stupid.
DrChaos -
considering that it was a French brokered agreement that seems to have ended the current Georgia conflict, maybe the U.S. should be paying the French? After all, Bush and Putin having a chat at the Olympics certainly didn't make any difference to a multi-pronged armored attack, well supported by complete dominance of Georgian airspace.
Lesson number 1 for the Georgians - don't attack Russians, even if they are nibbling away at your territory.
Lesson number 2 for the Georgians - don't count on the neo-con U.S. government to do anything but demonstrate their incompetence when facing reality.
Lesson number 3 for the Georgians - NATO is never, ever (technicalities aside, like Kaliningrad or the Baltic states) going to reach Russian borders, if the Russians have anything to say about it. And they will, except it won't be the sort of empty words used by the Bush League.
"It seems as hard as we try, we can not protect the stupid."
You can't win, my man, it's evolution. Make something idiot proof, and nature just creates a bigger idiot.
ah...good move on the name change, Bearly.
"Make something idiot proof, and nature just creates a bigger idiot."
Truth! I'm in IT. No matter how much we try to program for stupidity, some bigger idiot comes along and gums the whole thing up.
Currently we are try to think like 3 year olds. We fear that 3 year olds may be more technically savvy than their parents so it's making us nervous.
We are thinking of modeling on 65 year old LSD users...but we're not sure how to do that yet.
Cheers,
Is this an attempt to try to jawbone inflation because the Fed should really be concerned about deflation now.
Fed still worried about inflation despite oil retreat
Fed still worried about inflation despite oil retreat
| Reuters
Inflation remains a big concern despite some relief from the recent rapid fall in energy prices, top Federal Reserve officials said on Tuesday.
Misean,
Documentary on PBC was not staged, unless you believe Chinese government would make kids praise Gates and Buffet.
best regards,
Chaos
MOT,
"Is this an attempt to try to jawbone inflation because the Fed should really be concerned about deflation now."
Come on my man. You know these asshats don't know whether they're coming or going. They don't know if they're alive either. They have no sort of sensory perception at all.
YouTube - Monty Python Upperclass Twit of the Year
Cheers,
The headline should read "GM picking up dimes in front of a steamroller"
GM to crack down on healthcare coverage: report
GM to crack down on healthcare coverage: report
| Reuters
General Motors Corp is looking to trim its nearly $5 billion-a-year health-care tab, is cracking down on workers who are collecting medical benefits for ineligible dependents, the Wall Street Journal said Wednesday.
DrChaos,
"Documentary on PBC was not staged, unless you believe Chinese government would make kids praise Gates and Buffet."
?????????
OK brain cell #3 just went off line. You think I wouldn't?
Sorry. Page not found.
Me thinks DrChaos don't know me very well...do he?
Cheers,
MOT-
Perhaps the Fed has finally realized that it's "worrying about deflation" has f*cked the real (ie. minus the bankers and the REIC) economy so bad that it's time to let nature take over?
We should be so lucky.
rent to own,
you could apply those rules to every republic of former USSR and a little beyond.
Whaddyaknow? Restaurant chains purchased by private equity firms in recent years are now having trouble with their debt-loads.
From the WSJ$,
Uno Restaurant Chain Talks
With Lenders on Payment
Excerpts:
The parent of Uno Chicago Grill, a chain of 200-plus pizzeria-themed restaurants, will skip a bond payment on Friday as it tries to negotiate more financial breathing room amid increasingly difficult times for sit-down eateries . . .
It was acquired in a leveraged-buyout in January 2005 by the private-equity fund Centre Partners and members of management. . .
Other chains, such as Chevys Fresh Mex and the home-style Perkins and Marie Callender's chains are also in talks with their lenders, say several people familiar with the companies. These chains, which combined have about 1,000 sites across the country and 40,000 employees, also face difficulties. All have had earnings slow as diners cut back on eating outside their homes. At the same time, the companies are managing heavy debt loads placed on them by private-equity funds.
Sorry, I forgot to include the link for the Uno story:
Uno Restaurant Chain Talks With Lenders on Payment - WSJ.com
Can we finally get away from this idea that private equity knows how to run a business better than the original owners, well, just because?
Misean-
Does your "greater idiot" theory offer any explaination for Vista and Office 2007? I'm not sure my IT dept truly understands the horror of Office 2007, I don't think any of them have tried to work with it, but I gave them the lowdown, being an idiot at-home buyer of the admittedly cheap yet still getting cheaper bundle of junk.
MarkS,
"Does your "greater idiot" theory offer any explaination for Vista and Office 2007? I'm not sure my IT dept truly understands the horror of Office 2007, I don't think any of them have tried to work with it, but I gave them the lowdown, being an idiot at-home buyer of the admittedly cheap yet still getting cheaper bundle of junk."
I do not understand for the life of me M$ change of interface...nore do I understand HastlaVista. Some MBA made some decision and forced the programers to break everything. My only guess. M$ has had it's software act the same way for 27 years...then they completely change it.
I have no idea what idiot ordered this. I would love to find out though.
Cheers,
FFDIC | 08.13.08 - 1:13 am | # Entrepreneurs are negotiating with tough new creditors as banks look to ditch troubled loans
Seem no different from a troubled bil being sold to a collection agency.
DrChaos -
yep - which is why the Ukraine isn't going to join NATO either. And whatever U.S. strategic genius thought that the Russians were just going to let NATO take over the major port facilities on the Black Sea is likely the same person that lent the Georgians support in thinking that attacking Russian soldiers would be a way to show democracy in action.
Basically, the U.S. is being run by people who just don't care that facts contradict their fantasies.
If FDIC had planned to cover 50% of IMB uninsured and found $400 less uninsured than it had estimated, it (you) spent another $200 billion more than planned.
Corrected version:
If FDIC had planned to cover 50% of IMB uninsured and found $400 million less uninsured than it had estimated, it (you) spent another $200 million more than planned.
If the FDIC is already taking a multi-billion dollar loss on IndyMac, can someone explain to me why the uninsured deposits are being paid at 50% instead of, oh, 0%?
I live in Asia long time, I know mind of Chinaman businessman.
Chinaman businessman quite confident he better businessman than longnose Yankee businessman.
Chinaman businessman beat longnose businessman at own game...
Chinaman businessman plenty patient, soon own all of USA.
You see, just watch...
It's interesting to note that the FDIC says 38% of deposits in banks and thrifts last year were uninsured...
"Chinaman businessman plenty patient, soon own all of USA.
You see, just watch..."
Haha... we already been owned, remember Japanese in the late 80's?
Contrary to Chinese though Japanese were able to sell their products in here under their brand names...
Show me one Chinese firm besides the Lenovo (bought the brand name useless to IBM) that sells its products directly to Americans under its own brand.
Most money is made in design and marketing, and Chinese firms have yet to learn to market goods in here on their own, which is rather long shot.
By the way, I had plenty of Chinese co-workers in the past. Don't remember any of them being that ARROGANT.
You would have to pry Excel 2007 from my cold, dead, fingers.
Does anyone know what the priority of uninsured depositors are in the credit scale relative to secured debt, unsecured debt, general creditors? Seems as though paying out 50% up front puts them right behind insured depositors and in front of other creditors.