Transportation: Record Idle Ships, Trucking Tonnage Increases Slightly
Submitted by
CalculatedRisk on Tue, 03/03/2009 - 10:05am (119 comments)
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A spike... bottom in.
Of course it is a bottom. I just sold SSO at a loss. That ought to be good for a whole pond full of Kermits.
LOL
Sometimes, it isn't about you.
Yeah, we are all saved by trucking!
This comment thread has been HALO-IZED by CRbot.
href="http://realize.org/cr/halokit.php?halourl=http://www.haloscan.com/comments/calculatedrisk/1986901108269638664/
Does this include reposessed vehicle traffic en route to Adesa?
China no happy. Looking for new TP.
Sorry about being OT, but timmy isn't doing a very good job - poor sod - put him out his misery already.
-K
Fly.. you fools!!
I'd rather sail.
I mean in his testimony before Congress going on right now
ATA Chief Economist Bob Costello said that there was no reason to get excited about January’s 3 percent month-to-month improvement.
Correct. If ever there was a reason for three month moving averages this is one.
CRBot smacks down Ken Cooper. Down goes Cooper.
Why does turbo make a fist when talking? He think its cute or something?
This is very nice CRBot.
Lot of money went into upgrading ports in the last few years.
I wonder who financed building all those new container ships....
Must be those Somalis.
do you think the pirates will be told to keep the ships? Another business victim of the downturn- it isn't even possible to earn a dishonest living anymore!
Q:Where is this money going to come from?
Timmay : Increase money supply..
Q:My question again.. Where is this money going to come from?
Timmay: Increase money supply...
Gav is killin it in GS !
Timmy needs to shave his head. Then he will have cred.
Summary of Timmay: We need to be aggressive and increase money supply.. ad infinitum!
The rest are just details...!
Timmy needs to shave his head. Then he will have cred.
Kermit? Is that you knocking?
There are a lot of polar bears and marine mammals who would just love a nearby ship. Somewhere to hop out of the water and rest. There not making any more icebergs you know!
We could make some easy for bears to get onto, others could be walrus-accessible only.
Use idle ships + save endangered species = profit opportunity
Yes they are making more ice bergs now.
On the global warming issue, it no longer exists. There have been no sun spots and low solar activity for the past 16 months, and global temperatures are now at 100 year lows.
SpaceWeather.com -- News and information about meteor showers, solar flares, auroras, and near-Earth asteroids
I hope you are joking. Otherwise you are badly misinformed.
Underwater Volcano Eruption Caught on Camera
Jessica Marshall, Discovery News
Underwater Volcano Caught on Film: Discovery News : Discovery Channel
Timmy needs to shave his head. Then he will have cred.
You need to stop saying that and then maybe you'll have cred.
Any guesses on Chrysler? Chrysler's always fun. I say down 58.3% from February 2008.
when does the M to M question get asked?
Mandatory retirement savings other than than Social Security?
Timmay has not answered a SINGLE question!!!
but he wants to restore confidence in the American Dream utilizing comprehensive programs in a responsible manner through a mix of policies
He has no answers you dope.
Turbo throws some gibberish which most of the panel don't understand and they just move on.
It's a Dog and Pony show!
Thanks for the confirmation, I thought it was my hearing.
No, I heared him confirm (to Rep. Brady I think) that the new Obama-budget assumes a "1%" contraction of the economy in 09' !!! 1% contraction only !
Some Obama-budget !!
New wrestling heel : Geithner the Frightener.
I wonder who financed building all those new container ships....
nova | Tue, 03 Mar 09 12:18:54 -0600 | #
German banks are/were a big player, and also some of the Scandinavians.
No. No. No! The Germans are entirely blameless and completely unexposed. Just ask all the Europhiles on this blog.
The Germans are entirely blameless and completely unexposed
The Germans are entirely to blame and completely exposed. They are also the fattest people in Europe.
GMAC paper is priced to fail. Worse in the last five days. OTOH, some corp paper some progress.
I wonder what would happen if Timmy shaved his head?
We'd see all his gang 'tats
CR,
Are we in a "depression like event" yet?
That's one way to contain shipping.
Once upon a time there was a famous TV commercial that showed an Indian in full dress holywood Indian padeling his canoe amongst a polluted stream. A tear slowly rolled down his cheek.
Updated Version
A soccer mom navigates her SUV down a deserted street. Tumble weeds blow thru. For sale signs swing in the wind. All are faded.
In the back a cute little boy says "Mommy, why did we lose our house? I don't want to live in a shelter."
A tear slowly rolls down her cheek
She should be walking down the street, wearing a pair of Uggs that need to be resoled (& other worn, formerly in style clothing), pulling a little red wagon w/her cute boy sitting in it, w/a few pieces of wood she's scavenged for a cooking fire & a plastic jug of water for cooking & cleaning.
Chief Ironeyes Cody
where is the transparency in "informal" or what i would call private meetings with congresspeople(just mentioned by Chariman Rangel).... screw his time, give up the answers in formal public meetings, not informal behind the scenes crap
A tear slowly rolls down her cheek
I Heart CRbot | Tue, 03 Mar 09 12:27:11 -0600
That was me - the new haloscan is defaulting to crbot
If the markets don't tank today they will by the end of the week! Timmay is not answering anything and is saying stooooooopid things like "the american dream"....ROFL!
Jesse on BEN : bad_economics.bmp (image)
CRBot smacks down Ken Cooper. Down goes Cooper.
Morocco Bama | Tue, 03 Mar 09 12:18:20 -0600
Speaking as someone who takes more from CR than he gives, I think I'm going to stick with just saying "thanks" to everyone who is trying to improve the commenting software.
Unless somebody is making book on the CRbot/CRCompanion duel. If there's betting involved I might take a side.
sk writes:
Sorry about being OT, but timmy isn't doing a very good job - poor sod - put him out his misery already.
You mean put him out of our misery.
Turbo on budget assumptions:
"the forecast is realistic" and I didn't cheat on my taxes
Summary of Timmay: We need to be aggressive and increase money supply.. ad infinitum!\r
In other words sell more debt. What if no one wants to buy the IOU's of someone in hock up to their eyeballs. According to this article give them rights to your land. If they want to put a freeway through your house to their exclusive country club you will have to go to China to the basement of some obscure planning department with everything printed in Chinese to protest. I guess as long as you have a white towel you will be OK.
LiveLeak.com - Feds grant eminent domain as collateral to China for US debts.
who cares.
I won't be retiring, ever.
I got "Bridge of Sighs" playing on the pod. Very apropro...
The ships are idled because the world is in shut down mode. Sh!t is spinning down all over. Hold your Amex really close to your ear and you can hear it. Hear that! That is the sound of failure. This bitch is so big and ungainly that when it does reboot - not everything is going spin back up. Pray your life isn't on one of those devices...
This is so much better!!
Thanks CRbot
OMG! Timmay is saying he is confident.. but i thought he was trying to reassure the public!
WE ARE NOT CONFIDENT!
Answer the @$##$@ question timmay!!!
Summary of Timmay: We need to be aggressive and increase money supply.. ad infinitum!\r
In other words sell more debt. What if no one wants to buy the IOU's of someone in hock up to their eyeballs. According to this article give them rights to your land. If they want to put a freeway through your house to their exclusive country club you will have to go to China to the basement of some obscure planning department with everything printed in Chinese to protest. I guess as long as you have a white towel you will be OK.
LiveLeak.com - Feds grant eminent domain as collateral to China for US debts.
TIMMMAAAAY! LIVINDLAR LINVINLAO.... TIMMMMMAY!
Now check THIS out! YouTube - Timmy & tLotU (Rock Band Expert Drums FC 100% 5 Gold Stars)
Bailouts of bondholders legitimize illegitmate actions.
or any one that has a real only semi sarcastic response.... as i was asked , and couldnt respond even semi intelligent as I have not heardthe question asked nor answered...
Poor Timmay. He's got Fall Guy written all over him. Thing is, I don't think he knew the setup going into it.
No. No. No! The Germans are entirely blameless and completely unexposed. Just ask all the Europhiles on this blog.
Well, their only exposure is due to greedy, lying Americans who took advantage of Honest German Investors.
The lack of Gravitas that Geithner has is stunning. This guy will be among the first that Obama is forced to throw to the wolves and replace upon the next major "crisis event."
The fact that he has absolutely no plan is amazing. It was very much a turning point to hear Bernanke part company this morning with the Administration and state how "angry" he was about AIG's exploitation of regulatory loop holes. Perhaps he is in reputation salvage mode knowing that he is about to depart.
MW
Poor Timmay. He's got Fall Guy written all over him. Thing is, I don't think he knew the setup going into it.
How could he not have known?
He was NY fed reserve president since 2003!
TurboTax doesn't have that feature.
In % terms Toyota was down 40% so Ford didn't do too badly...
Fall Guy indeed, he was too stupid to realize that he would be sacrificed as a complicit member of Paulson's vision.
A tear slowly rolls down her face.
A shot rings out.
"Oh, dear God, she exclaims!!! Beck.....Beck.....BECK!!!!!" she says, as she turns to see the bloody, limp mess in the backseat that was just moments before her vital and animated pride and joy.
It all happened in an instant. One minute he was asking her an innocent, but pertinent question, the next minute half his head was blown clear off in a fashion reminiscent of Dealy Plaza on that fateful, or not so fateful depending on one's perspective, day in November, 1963.
Jen's blood curdling scream was one of utter agonizing despair. She slammed on the breaks of the SUV. As it came to a screaching to a halt she flung herself between the two front seats towards her lifeless and crimson covered child in the back. She grabbed Beck's bloodied cadaver in her arms and held him tight enough to suffocate him if he had been breathing. No one was going to take him away...yet they had. She sobbed and cried uncontrollably, her tears dripping off her chin and onto the shards of glass below allowing the sunlight to bless the offering.
Timmay wants to simplify the tax code.
He also wants the IRS to fill out tax returns automatically for many Americans.
Sad.
RD,
Requested an answer from you above to difficult question i've been trying to answer to others asking...
on my blog
Geithner said "your government" several times. That sounds odd. Is he not a citizen?
the royal "your"
I didn't think of that. I thought it was a slip by someone accustomed to an internationalist mindset.
THE LAST THREAD WAS MUCH MORE INTERESTING.
.we truly are witnessing an every man for himself type event here.
I truly hope many are paying close attention.
If China has eminent domain to all of the united states private property..does that mean all restaurants are now Chinese restaurants?
Cue the ad of the chicken holding a sign that says "Eat more cat."
Timmay isn't even an economist, he's just rogue
that actually sounds more badass.... just sayin'....
According to this article...
mule\'s derriere | Tue, 03 Mar 09 12:35:54 -0600
This is exciting news. Google "Hillary Clinton eminent domain" and you will find many sites discussing this development. Strangely, none of them are from the MSM. Nor could I find it on Drudge (who really ought to be reporting on it...).
No matter. What is exciting is that we now have a way to pay for TARP!
The Obama administration should simply confirm the Clinton-Chinese eminent domain story and then offer all U.S. homeowners an opportunity to purchase a homestead exemption from the Treasury. Budget surplus here we come!
GM 127K units... Winner.
intradrade has geithner bidding 21% on the Dec-09 contract
Once ships are idle, I assume there is a significant restart time involved. I don't imagine they magically happened to go idle in the exact port where they will be needed some day in the future. Are they typically looking at an unladen trip at restart time?
Comes out to down 50%...(GM)
gm SALES DOWN 53%.
that's light vehicle sales only and not total sales. They did a bit better over all...
Still a disaster.
Does Timmy use one hand, or two hands in the latrine?
Toyota and Honda sales prove the blame the union meme is a joke...
Good point!
What happened to Buffet's swimming suit?
Inverted Mortgage Pig Formation forming.... Beware.....
Comrade Turbo must ready to press the launch button.
m to m questiong coming up - and we all know the answer
it's on the table
It's good news dontcha know...
Turbo Tax Timmy needs to make sure the Street survives so he can reap the private rewards of public service.
Not the N Word writes:
What happened to Buffet's swimming suit?
Not the N Word | Tue, 03 Mar 09 12:52:54 -0600 | #
LMAO!!
New Thread: GM Sales off 53%, Toyota Off 40%
http://www.calculatedriskblog.com/2009/03/gm-sales-off-53-toyota-off-40.html ( 0 comments ...You could be FIRST! )
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This is exciting news. Google "Hillary Clinton eminent domain" and you will find many sites discussing this development.
This sounds like right-wingnut stuff.
Unless it it isn't. Anything is possible in this mess.
U.S. President Barack Obama said falling stock prices may mean bargains for investors with a “long-term perspective.”
Obama Says Now May Be Good Time to Invest in Stocks (Update3) - Bloomberg.com
OKAY, Hey HO maybe Hilary need to let the Chinese in on that insight.
content of text message to Obama supporters:
Hi I'm Barack Obama, join with me in turning around our economy by purchasing shares today in great American companies such as GE and Goldman Sachs (especially Goldman Sachs)
so let's get this straight, Obama doesnt' pay daily attention to the stock market but now today he thinks it's a good time to buy stocks for long term. Sounds like what the man from Omaha said last year.
who cares about up or down... buy! buy! buy!
This is quite a change from what we have ever heard before.
okay I'll venture...me tinks we are going to beak hard to the upside near the close
but will you buy now?
Is it just me or the comments coming in a lot slower now? I stepped out to get lunch and expected to come back to a rush of posts, only to see a few.
CR, great info! Can you include a graph for rail freight traffic? Weekly info in provided by Assoc of American Railroads at:
Association of American Railroads
Thanks!
W T F
Us Export are still growing: What imports and exports are growing?
JZ
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