An independent survey of Chinese-language media for The Sunday Times has found army and navy officers predicting a military showdown and political leaders calling for China to sell more arms to America’s foes. The trigger for their fury was Obama’s decision to sell $6.4 billion (£4 billion) worth of weapons to Taiwan, the thriving democratic island that has ruled itself since 1949.
“We should retaliate with an eye for an eye and sell arms to Iran, North Korea, Syria, Cuba and Venezuela,” declared Liu Menxiong, a member of the Chinese people’s political consultative conference.
He added: “We have nothing to be afraid of. The North Koreans have stood up to America and has anything happened to them? No. Iran stands up to America and does disaster befall it? No.”
Of course, neither Iran nor N Korea's economies is heavily dependent on sales to the US. And another "Cold War" might result in our weapon sales to other countries increasing, and since we make those weapons here,
During the heat of the housing bubble would you have gone to a fancy steak house restaurant and asked if they had subprime beef, in lieu of a better cut?
During the heat of the housing bubble would you have gone to a fancy steak house restaurant and asked if they had subprime beef, in lieu of a better cut?
It's called "USDA Choice", if you are in fact interested.
Coming soon. The real estate investments I want at the prices I can afford. But now I am stuck with a dilemma. Do I want to steal the formerly rich's RRE or CRE? Maybe I can make the bank a package deal; the house on the hill, the strip mall and industrial building 3 for 2 pricing.
energyecon, does that presentation from the national petroleum council say that nuclear power cannot be used to replace oil, coal and gas for power generation?
Deutsche Bank And Unicredit Pull Out Of Greek Repo Market, Cease Lending Against Greek Collateral | zero hedge
The Google translation is weak and the details inaccurate, I believe. Four of the largest banks (Ethnike, Alpha, Eurobank, and Pireus Bank) have claimed this does not refer to them.
Some may want to grab these domains before they get taken:
Calculated Risque - Financial blog focused on the adult entertainment industry
Calculated RISC - Everything related to "Reduced Instruction Set Computing"
Calculated Bisque - Cooking with squid
Time for the ferris wheel to come down. We've been going round with Orson Wells character from 'The Third Man' ...great metaphor actually... came looking for a job...found out it is all a scam....left broke and bitter.
First, the drop to 9.7 percent unemployment does not reflect the creation of new jobs that normally accompanies an economic recovery. The number of new jobs is actually declining. Total nonfarm payroll employment, for example, dipped by an additional 20,000 positions after a December decline of 150,000 positions. The unemployment rate the day Obama took office last year stood at 7.6 percent and 134.6 million people had jobs. When he signed the economic stimulus, Obama promised the bill would bolster the economy sufficiently to keep unemployment below 8.0 percent. But the unemployment rate has exceeded 8.0 percent since last fall, and total employment stands at only 129.5 million. The stimulus has been a bust.
Second, anybody who thinks the job situation is going to improve dramatically in coming months is not paying attention to what's going on behind the unemployment rate.The Hudson Institute's Diana Furchtgott-Roth notes that “This is a better employment report than last month’s report, yet the economy is still not creating jobs. The percent of the unemployed who are out of work for 27 weeks or more exceeded 41%, an all-time high. This is unacceptable and shows that Congress and the President need to focus on job creation, rather than on expanding government, because the tax increases and borrowing used to expand government reduce overall job creation and create uncertainty." Furchtgott-Roth further notes that "the labor force participation rate is the lowest since mid-1985." This means that fewer Americans are in the labor force.
Third, among the few sectors of the economy showing net employment growth over the past year is the federal government. The federal civil service is rapidly expanding as Obama increases the size of government, with 33,000 new positions being added in January alone. Only 9,000 of those new slots were for temporary census jobs. In other words, what we are seeing is good times for the public sector and the growing prospect of a continuing and perhaps even deepening recession for everybody else.
From last night, still seems interesting after a few hors:
Commercial rents were down 36% in October from a year earlier and were 44% below the peak in October 2007, according to Moody's Investors Service Inc. In addition, the national office market's vacancy rate is expected to rise as high as 19% by the end of 2010, the highest on record since Grubb & Ellis Co. began tracking the national market in 1986.
look at the last chart, you'll see federal govt debt falling by the amount household debt increases and corporate is constant
the only times there has been a decline in total debt post-wwii has probably been in crisis, or endowment windfall
like if you look at Japan's debt, while government debt has been growing the corporate debt was shrinking and household debt relatively unchanged
it's because debt represents effective money supply, and if it is shrinking it would force deflation which our financial structures aren't set up to handle
debt is only repaid through hardship, Bernanke doesn't have the chops to last his term
You obviously have never dealt with bears before, right? A baseball bat?
LOL I figured he was talking about suicide. Lure the bear in close with the fishing pole and then hit him with the bat to really piss him off! Then, family collects life insurance or some such...
I am still tyring to understand on a fundamental level how the financial system in Europe is supposed to work with individual countries managing their own budgets, issuing their own debt and not having control of the supporting currency.
I told you about the an Army bud of my dad's who went Kodiak hunting right? Rifle didn't cut it, had to pull his revolver...three shots bounced right off the forehead...
I am still tyring to understand on a fundamental level how the financial system in Europe is supposed to work with individual countries managing their own budgets, issuing their own debt and not having control of the supporting currency.
And this is different from the United States, how? (States issue debt, states don't control currency.)
I am still tyring to understand on a fundamental level how the financial system in Europe is supposed to work with individual countries managing their own budgets, issuing their own debt and not having control of the supporting currency.
It doesn't sound like a great plan, does it. You can't take the political out of economy.
The Glock he mentions in Comment by poic from thread 'Fitch: Prime Jumbo RMBS Approach 10% Delinquent' might be suitable for that. Otherwise, anything but a well placed head shot with a 9mm would just piss a brown bear off. Maybe a little more effective with a black bear, but I don't know if I've ever heard of black bears fishing. I thought that was a brown/grizzly thing-
Coming soon. The real estate investments I want at the prices I can afford. But now I am stuck with a dilemma. Do I want to steal the formerly rich's RRE or CRE? Maybe I can make the bank a package deal; the house on the hill, the strip mall and industrial building 3 for 2 pricing.
I'm not really sure I have it in me anymore for RE investments. But personally I like mixed commercial/residential, and we have a fair amount of that around here including newer developments. I also like live-work, or stuff that can be zoned in that direction. There's a ton of demand for live-work around here -- at the right price.
And this is different from the United States, how? (States issue debt, states don't control currency.)
But there is a political union and a single federal gov that can take action to help the states. For example, the feds are paying the unemployment insurance for the dozen or so states whose UI fund is broke. They can send stimulus bux and tax breaks. Not quite the same situation.
ou obviously have never dealt with bears before, right? A baseball bat?
I was watching something on the tube last night about a woman who tries to wean bears off foraging in human habitat. Her weapon of choice is a high-power combo paintball gun/noisemaker.
Weather Helm wrote:
And this is different from the United States, how? (States issue debt, states don't control currency.)
Krugman has written about this in the past. States can at least draw on some federal support, so burden of recession doesn't fall entirely on them. Not so for eurozone.
But there is a political union and a single federal gov that can take action to help the states.
OK that makes it different but does that translate into a guarantee the member states won't default? If so, I should be stacking 'em high with Cali bonds right now.
Or did the revolver not work and he ended up getting mauled?
He was eaten. Fortunately for the bear he had toothpicks in one pocket and tums in the other. Those shoe laces can give a bear heartburn, and they get stuck in the teeth.
Even with in the pond, srs is keeping its head above water ... hmmm.
I had full intentions of dumping my SKF last Wednesday morning; for weeks it had gone absolutely no where. I had typed it in the sell box, and my hand hovered over the button. And then I relented, and thought "ah screw it, maybe next week".
Ok how about a fishing rod in one hand with a big ass salmon hanging off it and a claymore under the ground with a big red X to mark it and a sign saying "please stand here"?
Well, it's my understanding states are supposed to operate under a balanced budget. I don't know whether individual Euro nations are held to those limits. If so then I suppose it's the same as the ttates.
He wasn't far enough away...the rifle shots hit, but didn't stop the bear.... he couldn't get away fast enough... pulled his revolver...can't remember what type, but it was six shooter...three shots to the head, literally bounced off... he aimed lower, the other three shots stopped the bear, but it fell on top of him, broke his leg. He was very lucky. Some other hunters in the area heard the shots and came by out of curiosity. He went hunting a big bear by himself, almost got killed...
Well, it's my understanding states are supposed to operate under a balanced budget. I don't know whether individual Euro nations are held to those limits. If so then I suppose it's the same as the ttates.
Maastricht Treaty, effective enforcement of it as about as strong as it is for US states
OK that makes it different but does that translate into a guarantee the member states won't default? If so, I should be stacking 'em high with Cali bonds right now.
No guarantee. Cali and Greece have similar problems, but I would bet on Cali over Greece in case of a default. I think even if Cali defaults, or issues IOUs, it will eventually repay. Not so sure if Greece defaults.
Hell thats just me, my wife and my parents around the kitchen table...wait a second...am I in HELL!!!!! Dad keeps telling me not to talk at the table...
Probably appropriate to give people the standard alert Re bears:
Always wear bells and take pepper spray when going into bear country. It helps to be able to identify bear dung as well. Black bear dung typically has squirrel fur and berries. Grizzly bear dung has little bells in it and smells like pepper.
how the financial system in Europe is supposed to work with individual countries managing their own budgets, issuing their own debt and not having control of the supporting currency.
Freaky, I know! But I and my wife manage our household under these very same constraints and somehow get by. The fact that the government apparently 'needs' to control the value of the currency to manage its affairs tells you that they are under political constraints that make it impossible to either collect taxes or cut costs in any other way than inflation (which does both at the same time, if you do it right...). Not being a Keynesian myself I'm perfectly happy to see government in a straitjacket.
OK that makes it different but does that translate into a guarantee the member states won't default? If so, I should be stacking 'em high with Cali bonds right now.
I thought that in previous discussions, it's been established that states have defaulted in the past, and much like people, they suffered with poor credit for awhile, but eventually were able to borrow again. It seems like to poor credit rating and fear on the part of lenders lasts for quite a bit longer in the case of states, but I don't recall for sure. Nowadays, they'd probably just chop up the state debt, securitize it, and sell it as a derivative with a AAA rating....
"The new year has brought no relief from declining jumbo loan performance," said Managing Director Vincent Barberio. "The trend line for delinquencies indicates the 10% level could be reached as early as next month.""
And since my area is pretty much all jumbo, it's going to be ugly.
Big old Victorian across the street was bought in '07 for $1.15M -- never occupied. Went back on the market at the same price in September, and is now off the market -- no sale that I can tell, not listed anywhere. I'm wondering if they let the bank have it.
Always wear bells and take pepper spray when going into bear country. It helps to be able to identify bear dung as well. Black bear dung typically has squirrel fur and berries. Grizzly bear dung has little bells in it and smells like pepper.
Maastricht Treaty, effective enforcement of it as about as strong as it is for US states
Now I get it. In that case, it seem likely the Euro will fail. I can't see sufficient willingness to bail out member countries. Bailing out member states in the US could go on for a long time.
Comcast in my neck of the woods in virginia has been running this ad from the Committee for Truth in Politics concerning HR 4173. Shaping up to be a very interesting election year.
the only times there has been a decline in total debt post-wwii has probably been in crisis, or endowment windfall
But Canada exports a lot of oil right? So debt could be paid back, or at least as the charts seem to show, remain level and serviceable over a longish period.
I guess this goes to the heart of the matter that debt must grow as goods are produced, mined, refined, value-added etc. If debt did not grow, we'd start looking like Japan, with an appreciating currency and slightly falling prices. Oh, the
Dad played college football... his fondest memories of college were playing a penny a point Spades with his drunk teammates. Paid for his entire college extracurricular that way.
The guy was so stupid he just did the craziest things that the upper ups mistook for leadership and bravery. Later they realized how stupid he really was, and his career was brought to a close...but it gives one pause...
I probably shouldn't use stupid as my adjective...he lacked judgment...like having affairs with two female staffers while working on the the third marriage. Maybe he should have gone Navy....just kidding...
Comcast in my neck of the woods in virginia has been running this ad from the Committee for Truth in Politics concerning HR 4173. Shaping up to be a very interesting election year.
The Big Bank Bailout Bill? | FactCheck.org
FWIW, the Factcheck.org piece didn't really refute the claims of the add and much as it tried to render the points moot, by saying the Fed already had the authority. Perhaps the house bill does little more than fund this authority?
I'd be much more interested in a full list of the 35 states where they're running the add; that would give us a "heads up" on where the GOP might be targeting-
The guy was so stupid he just did the craziest things that the upper ups mistook for leadership and bravery. Later they realized how stupid he really was, and his career was brought to a close...but it gives one pause...
I was always taught that--for many occupations--you start out with a full bag of luck and an empty bag of skill, and the goal is to fill the bag of skill before you empty the bag of luck.
Now I get it. In that case, it seem likely the Euro will fail. I can't see sufficient willingness to bail out member countries. Bailing out member states in the US could go on for a long time.
I don't see the bankruptcy of member states resulting in EU or Euro failure
edit: I mean it could, I just don't see that it must. I don't feel strongly that it is likely. Think it would have to be over a longer term issue like energy strategy or military alliance
Grizzly bear dung has little bells in it and smells like pepper
Ha, whenever I solo someplace rugged I always wear red or orange. When they asked me why, I said so they can identify me from the shreds of my clothing left in the bear poop.
10% delinquent loans, but if those loans are on bank balance sheets, they assume only 5% will ultimately go to foreclosure.
Meanwhile, 8 out of those 10 borrowers are not planning on paying back those mortgages.
But in the mean time the banks record all the past due interest and penalties as current revenue. "We didn't get paid this month so we made more money."
I was always taught that--for many occupations--you start out with a full bag of luck and an empty bag of skill, and the goal is to fill the bag of skill before you empty the bag of luck.
I don't see the bankruptcy of member states resulting in EU or Euro failure
I've suspected for a long time that the Mediterranean Region of Europe will leave the Union at least from a monetary standpoint. I still think that will have to happen.
A heart that's full up like a landfill,
a job that slowly kills you,
bruises that won't heal.
You look so tired-unhappy,
bring down the government,
they don't, they don't speak for us.
I'll take a quiet life,
a handshake of carbon monoxide,
with no alarms and no surprises,
no alarms and no surprises,
no alarms and no surprises,
Silence, silence.
This is my final fit,
my final bellyache
with no alarms and no surprises,
no alarms and no surprises,
no alarms and no surprises please.
Such a pretty house
and such a pretty garden.
No alarms and no surprises (get me outta here),
no alarms and no surprises (get me outta here),
no alarms and no surprises, please.
In Pakistan and Afghanistaan they do what are called 'Calculated Frisks' : Only frisk people you are absolutely positively sure are not wearing an explosive belt under their shawl.
I didn't think much of the pithy saying at the time, but over many different occupations and endeavours I've determined that it's completely accurate. I think it's most applicable during the dangerous period when a task migrates from active mental activity to reactive, or subconscious activity. Aviation has the 100-500 hour danger rule, where pilots think they know what they are doing but are yet incapable of recognizing the danger they are truly in. Similar with driving, or diving, or any other dangerous activity where the student begins thinking that they are no longer the student.
I had a hard time shooting the Redhawk...I am a terrible shot, my wife is perfect of course... and had no problems...I don't know will have to try some more practice. We were just shooting cans off a fence, but I couldn't even hit the fence...
Historically, secular (or long-term) bull markets such as the 1982-2000 rally are followed by prolonged periods of sideways market action, Katsenelson says. That's because valuations become extremely high during the bull runs and it takes a long time for them to compress back to average levels, much less undervalued territory. And the current "range-bound market started from the highest valuation we ever had," he notes.
CBC News - New Brunswick - Tim Hortons bans complaining customer
I have a friend who worked her way through school working at Starbucks, they had a woman come in 5 days a week every morning, and every afternoon without fail she returned with a cup containing 2 ounces of "the worst coffee she had ever tasted" and demanded they replace it.
So they did.
Long ago when I was wet behind the ears just out of college, a wise old manager near retirement taught me that sometimes you need to tell people to F-off, and there is a way to do it without having to resort to profanity. I have a feeling they told him to F-off before and he's too dense to get it.
It is a very difficult handgun - well, basically, hand cannon - to use. A .44 Magnum certainly isn't like in the Dirty Harry movies where they show him firing it offhand with minimal recoil.
If this is what a simple snowstorm can cause, what will happen if something really goes wrong? Got Food?
Most people would either sit in a stadium waiting, which would be miserable, or get in the car and use the plastic to go elsewhere and stay in a hotel, which doesn't work in all scenarios.
Aviation has the 100-500 hour danger rule, where pilots think they know what they are doing but are yet incapable of recognizing the danger they are truly in. Similar with driving, or diving, or any other dangerous activity where the student begins thinking that they are no longer the student.
Nothing like an inadvertent tour of the Approach Lighting System to wake you up from any complacency.
Similar with driving, or diving, or any other dangerous activity where the student begins thinking that they are no longer the student.
Riding the motorcycle, I've been transitioning back to things getting scarier rather than less scary. The tricky part is that it's hard to tell whether I know what's going on now, or I'm just chasing another illusion.
I know it is a goal of mine to remain unspecialized for as long as possible. I like being a generalist, it helps me keep perspective.
I've used my active mental processes to sneak my way into 8 completely different careers so far, and it's served me well, but I've avoided piloting aircraft solely because I'm horrible at transferring active mental effort to subconscious instinct--with the exception of driving. Without that focus on repetition which is necessary for instinctive learning, I'm worried I'll hurt myself or, more worrisomely, someone else.
I'm just too flaky to become seriously skilled at anything.
I was alluding to Bernanke who has spent his life working on self-promotion, now tragically incompetent in understanding the matter at hand once he arrived at his destination
or anyone on wall street who is theoretically supposed to be allocating capital to the areas of highest return and greatest wealth creation, instead to areas of negative return which had obfuscated risk because they got a bigger bonus out of it
... they're definitely good at something, specialized even, but to no good end
Rob Dawg wrote:
Inculcated Fist doesn't rhyme.
Probably a danger of repetitive motion injuries as well.....for the inspectors...
Just try and get an answer to the following question: "Has airport security ever found a weapon in a camera?" Does the answer yes/no in any way endanger security? What then is being 'protected' by not answering?
Once you've gone through that exercise you can draw an on topic parallel. How much money went to foreign central banks in the credit crisis? Why at this point does the number still matter?
We've transitioned from protecting the public to protecting the protectors at the expense of the public.
and use of both of these while being run down by a damned bear? In your dreams.....LOL
At short ranges there's probably not a good choice. That said, a slug might be better than a rifle, since it had a lot of mass/energy yet is likely to stay in the bear and deliver all of that energy. Of course, the best approach is not to get into the situation, but that's not where the discussion started. It was really more of a humorous discussion of bear traps on Wall Street, I think....
Comments that Europe will be OK if Greece fails musta missed the regional contagion research abouts serial failures throughout a region when there's a failure of one nation...risk exposure is spread...but remember...the subprime was *contained...
It's funny, when I was a computer monkey fixing pcs...I could instinctively fix machines that the other trained guys couldn't. Just knew what was wrong. This got me promoted to network technician status, and I went out with a very gifted network tech, and he hated working with me. He couldn't teach me anything...said I didn't have the mind for complex networks even if I had a gift for finding the problems before he did. So I used to get sent out to a site to diagnose a problem, and he would follow up and fix it. Ended up working great except my 'skill' was considered a gift and therefore not worthy of pay... remember sitting down with the owner asking why his business had doubled since I came to work for him, and yet I couldn't get a raise...he grudgingly gave me credit for the expansion in his business but said I wasn't his type...he couldn't get me, couldn't trust me, and honestly thought I was more of a liability in the longterm...even if I was a gifted technician...
merchants of fear
I didn't say countries with debt problems wouldn't face higher rates if the EU-put disappears
I said that if Greece went bankrupt, I don't see why they would leave the Euro
or for that matter why Germany would leave as a result
Comments that Europe will be OK if Greece fails musta missed the regional contagion research abouts serial failures throughout a region when there's a failure of one nation...risk exposure is spread...but remember...the subprime was *contained...
Don't try to sell your fear mongering in this market
The distinction is supposed to be NFC (market goes up), AFC (market goes down), with the exception being old NFC teams being in the AFC count as NFC. The NO franchise was started in 1967 and has always been in the NFC. So they are definitely not AFC.
The 'incompetent' theory is not plausible any more knowing what is now becoming general knowledge about the unsustainable course the U.S. govt. and other govt's are on based on history...the stupid or black swan theories aren't really plausible either to informed readers...of economic/finance history and financial/currency crises studies...
Part of the frustration is likely due to the belief of 60% of voters that neither Republican political leaders nor Democratic political leaders have a good understanding of what is needed today. That finding is identical to the view last September, just after the tumultuous congressional town hall meetings the month before. But only 52% felt this way in November.
I'm worried I'll hurt myself or, more worrisomely, someone else [flying a plane].
Unlike the dumbass 61-yo (or 71-yo depending on the story) private pilot last week who decided to buzz his friend in his Ford Explorer........real smart move - hit the top of the vehicle with his left landing gear, causing an emergency landing in the desert while his friend in the SUV was airlifted to a Vegas hospital. Only in Pahrump.
the stupid or black swan theories aren't really plausible either to informed readers...of economic/finance history and financial/currency crises studies...
Can you expand a little...not plausible because everything that has happened is baked in the cake...or the models and stats really do tell the story if you have eyes to see?
Yes, something around 7 trillion bucks worth at these prices. I believe a good third of that is held by sovereigns. All just guesses based on research 7 or so years ago.
he grudgingly gave me credit for the expansion in his business but said I wasn't his type...he couldn't get me, couldn't trust me, and honestly thought I was more of a liability in the longterm...even if I was a gifted technician...
My experience was somewhat different, where my intuitive skill is in effectively operating any piece of equipment, of any size, with only the most cursory of training. During my younger days it turned out to be an advantage in terms of relative compensation when compared to peers. But not enough of an advantage to lure me away from doing something completely different with my life.
However, if I need to relax I only have to find a piece of equipment, a truck, backhoe, a lawnmower, whatever, and I return to a state of zen.
nsustainable course the U.S. govt. and other govt's are on based on history
I think along the same lines but the fallacy in our line of thinking maybe is when. If they can kick the can for another fifty years they must come to the same conclusion as Keynes.
dum luk,
Read the regional contagion research...the domino theory of communism turned out to be bunk that's what I had referred to in threads...the international market and national economies have assumed 'communistic' or centralized banking programs and principles as the driving force of economies and finance...
is anyone tracking the migration of people looking for work? saw an ABC story about people moving to ND looking for work, adding to the homeless population
Rob Dawg wrote:
S'okay. I've adjusted the BLS instruments to indicate everything is normal.
U.S. Total Gasoline Retail Deliveries by Refiners(Thousand Gallons per Day)
You seem to have missed one.
You are correct. Both Energyecon and I have ben quiet about retail delivery of late. Things are too volatile to pull trends from the weekly reports these days. For instance California gasoline use is flat but diesel is down double digits. Confusing.
At least oil prices (ground levels) are dropping away faster than the ship is descending.
A bear gun.
GunsAmerica - Smith Wesson 500 Bear Survival package. - Smith & Wesson Revolvers > Full Frame Revolver - Guns For Sale & Gun Auctions B"H
It's possible to survive an attack with a weapon like this, or perhaps even a short barreled .357 Magnum, but it shouldn't be a primary choice of weapon for anyone. Just a backup for a worst case scenario. Only real experts or idiots go out hunting game like brown bear with a pistol.
You are correct. Both Energyecon and I have ben quiet about retail delivery of late. Things are too volatile to pull trends from the weekly reports these days. For instance California gasoline use is flat but diesel is down double digits. Confusing.
is drfly around? i am curious to ask him how things are looking on the manufacturing front given the dollar's recent resurrection.
It's possible to survive an attack with a weapon like this, or perhaps even a short barreled .357 Magnum, but it shouldn't be a primary choice of weapon for anyone. Just a backup for a worst case scenario. Only real experts or idiots go out hunting game like brown bear with a pistol.
Hey Timothy Treadwell didn't need any stinking guns to stay alive with bears. He wen't like 13 seasons living with the grizzlies. Then again, the bears finally tired of his antics and ate him, and his girlfriend.
Of course, some think they didn't eat the guy earlier because in all likelihood the bears thought old Timster was probably retarded or had some other affliction.
Boy....it's a good thing the limits were increased to $417K....much easier to add up to BIG money now.
Speaking of big money,...... China now owns part of Bank of America, Morgan-Stanley, Citigroup, Apple, Coca-Cola, Johnson & Johnson, Motorola and Visa. Better long-term investment than Treasuries maybe?
The PPT Cruiser can go from zero to 10,100 in no time flat, and stop on a dime.
It was impressive. I haven't been watching it much today, but over the span of a minute or two a couple million shares changed hands, corresponding to the decline. And then it died out completely.
Then again, the bears finally tired of his antics and ate him, and his girlfriend.
Well, to be fair, the girlfriend pissed off the bear by hitting him over the head with a frying pan. Otherwise the old bear would have probably been satisfied with only eating the idiot.
Currency attack agents come to mind...
Taleb Says ‘Every Human’ Should Short U.S. Treasuries (Update1) - BusinessWeek
I seem to recall in his book Black Swan he recommended most people buying treasuries. I would say his recommendation to short treasuries is a black swan.
It was impressive. I haven't been watching it much today, but over the span of a minute or two a couple million shares changed hands, corresponding to the decline. And then it died out completely.
Rofle Winkler has a photo of the MBA building today
Does anyone know anything about the company that purchased the MBA building--CoStar Group? The little I have been able to learn makes it sound very MBAish/MERSish. Nevertheless, whoever or whatever CoStar Group is, they apparently got quite a nice incentive from the District of Columbia. MBA only reported earning $52,000 on rental income from the building in 2008--so, I hope CoStar Group is planning on occupying the building rather than leasing to tenants.
Of course we are fortunate that this person did have la bomba. But he could have.
Body Found on Delta Flight From JFK at Tokyo Airport (Update1)
Share Business ExchangeTwitterFacebook| Email | Print | A A A By Mary Jane Credeur
Feb. 8 (Bloomberg) -- A body was found in the landing-gear compartment on a Delta Air Lines Inc. flight from New York after the plane arrived at Tokyo’s Narita Airport.
The Boeing Co. 777 wide-body jet landed in Japan at 4:50 p.m. local time yesterday, Susan Elliott, a Delta spokeswoman, said today. Flight 59 left New York’s John F. Kennedy Airport at 12:53 p.m. on Feb. 6, she said.
The cause of death might have been lack of oxygen or hypothermia, and the body didn’t appear to be crushed, said a police official stationed at Narita, who asked not to be identified by name because of department policy. The corpse was a black male and was dressed in jeans and other civilian clothing and carried no identification, the official said.
If the policies of Bernanke and the Fed are causing problems as Taleb and many others have said (including many of the commentariet), in addition to and instead of shorting Treasuries...why not call for BB to be fired and/or eliminate the central bank if it causes so many problems...or at least call for a thorough review and accounting of its activities incl. the bailouts...
No, I just came to the hilarious realization that I've been confusing EEV and DXD for well over six months now. Why didn't anyone correct me, or were you all busy laughing behind my back?
Instead, many of the prescriptions (such as shorting Treasuries or dump the dollar) called for, because of Fed blunders or mismanagement, will just further destabilize the U.S. economy...which makes the 'crisis' worse...
Instead, many of the prescriptions (such as shorting Treasuries or dump the dollar) called for, because of Fed blunders or mismanagement, will just further destabilize the U.S. economy...which makes the 'crisis' worse...
Right... Sounds a lot like the arguments for a centralized economy managed by "The Party"...
I don't know, my broken down alcoholic (great)uncle who used to break out of the nursing home every weekend for a trip to the bar and a pack of smokes...he didn't let a failed liver stop him from living well past his expiration date. His last doc finally gave up and said he must have been a zombie, no way his pickled body should still be ticking...big hunter too, think he preferred going out his way...
Instead, many of the prescriptions (such as shorting Treasuries or dump the dollar) called for, because of Fed blunders or mismanagement, will just further destabilize the U.S. economy...which makes the 'crisis' worse...
The error is in being led to believe that either/or are the only choices. The way to starve the beast is to not participate. No, not in the juvenile going galt way but just acting like a responsible adult refusing deals too good to be true and laughing at the door to door magazine (retail stocks) sales that are 2x the subscription rate.
Speaking of door to door....anyone noticing desperate tactics kicking in again...The weekend before last I had a group of three men (very suspicious in itself) going from house to house, each trying to sell something different. The second fellow, after I said no to the first, tried to force himself into my house...a big no, no for me...went into my Bear form, and frightened them off, but no one tries to push himself into my house...no matter what they are selling...
"Has airport security ever found a weapon in a camera?"
Not the answer, but I know for a fact that at one point gangs had guns in phones. I'm talking old 90's cell phones not modern ones, saw photos from police officer friend. Not sure it would have made it through an x-ray without being obvious or not, but they existed in small numbers at least.
Guns and bombs don't scale down as well as electronics do though.
Not me I first noted you were holding EEV about a week ago and was thinking "this dude is smart".
What was that analogy about the bags of skill and luck that I noted up thread? I'm burning through luck faster than a kid in a kayak upstream from Victoria falls.
However, there hasn't been a great divergence between DXD and EEV so in terms of returns it wouldn't have made any difference (I would have seen +$1.40 instead of +$1.70 that EEV gave), but it does explain a couple of incongruent days that I couldn't figure out.
However, there hasn't been a great divergence between DXD and EEV so in terms of returns it wouldn't have made any difference (I would have seen +$1.40 instead of +$1.70 that EEV gave), but it does explain a couple of incongruent days that I couldn't figure out
No, the forex into CAD added another percent or two. It's been a good start to February so far
EDIT: But for a few days in January I was getting hosed on both EEV/SH/PSQ/SRS/SKF and the exchange rate, so it was quite unpleasant. I got into this EEV position at 11.55 on January 25th. DXD at that time would have been around 30.35 or so.
That depends on the type of gun and how much boom you need. Needle guns can be very small, and very hard to spot. You don't need much boom on a plane either. ... anyone given thought to these smart clothes ideas and a flammable clothing type...walking spontaneous combustion...
Oh my uncle didn't go out gloriously... he broke into the pharmacy and guzzled down some mix of rubbing alcohol and something else. Died with a smile on his face. He had given me his knife collection a few months before that, and told me not to shed a tear for his sorry sob hide. He wasn't a good man, by any means. Used to beat my great-grandmother and steal her social security check...and yet the older I get, you can see where parts of you came from... haven't shed a tear yet for him, but I will probably some day...
Already did, and I have been sleeping lightly. The one guy was selling home security for a major company...so they might have been legit, but the second guy was desperate about seeing my carpets so he could tell me about his cleaning solution...I want to know how many people let this guy waltz into their homes... he literally tried to force his way past me... I have wee ones, so Papa Bear doesn't have a stun switch right now...theres only hibernate and maul...
One of my neighbors down the street had one of those signs. Retired Marine. The friendly police department gave him a visit, and he took it down. Has never told me what transpired... but very agitated.
One of my neighbors down the street had one of those signs. Retired Marine. The friendly police department gave him a visit, and he took it down. Has never told me what transpired... but very agitated.
No problems with my neighbors, I do not bother with any of them therefore I could careless about their opinions.
One of my neighbors down the street had one of those signs. Retired Marine. The friendly police department gave him a visit, and he took it down. Has never told me what transpired... but very agitated.
that happened in Dallas? good lord. what is this world coming to?
I can't imagine anyone in my neighborhood caring either...He had his sign in his yard near the sidewalk...kids walk by his house everyday going to school...might be the issue.
thats the basic problem with neighborhoods now....someday you could need their help....
I understand your thoughts, but one neighbor across the street is 88 years old ( who I help once and a while with snow removal ) the other house across the street is a foreclosure ( empty ) and the moon bat down the street I could careless if she fell off the face of the earth.
No I count on no one for anything, and that goes for family also ( an even longer story ), every man for himself.
I'm very anti-social...and I do think the burden of survival falls squarely on your own shoulders...but no man is an island. I do think what has happened in most American neighborhoods is a travesty. People don't have to be best friends or bother people to no end, but being aware of your surroundings, means getting at least a cursory knowledge of your neighbors. I try at least...most people close their garage before even getting out of the car around here, desperately trying to avoid any contact with the outside world. Just me and the three marines in my neighborhood get out and talk... I remember growing up women used to gossip up and down the block...cellphone changed all that...
@Vonbek777,
What you describe in your neighborhood mirrors mine. It is eerie. No one out and about where I live. No kids out playing. Everyone in their homes, glued to the computer or wide screen TV. Awaiting further instructions, no doubt. It is as if everyone is living in fear.
take the market on that!
proudly 100% Delinquent since 2009.
New Orleans Moves To No. 3 In NFL Power Rankings | The Onion - America's Finest News Source
Eric wrote:
The shark says everyone took a long-weekend today.
Shark Investing - Volume Charts
Of course, neither Iran nor N Korea's economies is heavily dependent on sales to the US. And another "Cold War" might result in our weapon sales to other countries increasing, and since we make those weapons here,
From: Comment by RATM from thread 'El Erian: Greece a "game of chicken"'
During the heat of the housing bubble would you have gone to a fancy steak house restaurant and asked if they had subprime beef, in lieu of a better cut?
Juvenal Delinquent wrote:
It's called "USDA Choice", if you are in fact interested.
From page of espn.com right now has a big type headline:
Calculated Risk
The Saints' onside kick was not a reckless idea.
I had no idea Bill did sports too.
noob goldberg wrote:
D.C. federal agencies closed today as city burrows out | Philadelphia Inquirer | 02/08/2010
RATM wrote:
I'm sure the PPT has power in some undisclosed location (you know, like
's trading floor)
Coming soon. The real estate investments I want at the prices I can afford. But now I am stuck with a dilemma. Do I want to steal the formerly rich's RRE or CRE? Maybe I can make the bank a package deal; the house on the hill, the strip mall and industrial building 3 for 2 pricing.
in the Onion today:
NASA Launches David Bowie Concept Mission | The Onion - America's Finest News Source
Love the last line...
Ciao
MS
It's taken awhile, lately the state run MSM has been reporting that the US may have a debt problem? huh?
For sure, and all the central bankers were in Australia for the "secret" meeting so they don't have any problems with the snow.
,rad Gnome,
As a LSBF, you'll never know what i've felt anymore.
Congrats~
Laissez les bon temps roulez
Australia, the secret continent.
"Incontinence: I've heard of losing your keys, but a whole continent?!" MST3k
digalert wrote:
I find your lack of faith disturbing-
Thank you ,rad Juvenal.
Well, it's a good thing the Fed only has AAA rated prime mortgages on its balance sheet.
AAA is NOT what it used to be.
Could there be any other outcome in an asset stripping eCONomy?
energyecon, does that presentation from the national petroleum council say that nuclear power cannot be used to replace oil, coal and gas for power generation?
YouTube - The Stranglers - Nuclear Device
Pigged from the previous thread.
RATM wrote:
Deutsche Bank And Unicredit Pull Out Of Greek Repo Market, Cease Lending Against Greek Collateral | zero hedge
The Google translation is weak and the details inaccurate, I believe. Four of the largest banks (Ethnike, Alpha, Eurobank, and Pireus Bank) have claimed this does not refer to them.
asia-sails-smoothly-through-debt-waters: Personal Finance News from Yahoo! Finance
Some may want to grab these domains before they get taken:
Calculated Risque - Financial blog focused on the adult entertainment industry
Calculated RISC - Everything related to "Reduced Instruction Set Computing"
Calculated Bisque - Cooking with squid
The Fed's "Exit Plan" Is Just Another Secret Gift To Wall Street
Just in case any of you were worried about how their exit plan would affect the economy-
Clearly time to consider a do-over for this system which, at its foundation, relies on repayment of debts.
China seems to not care about cleaner air. We are jut suckers.
BBC News - Australia signs huge China coal deal
eelibuj
Consumer credit down in Nov. for record 11th month - Yahoo! Finance
Time for the ferris wheel to come down. We've been going round with Orson Wells character from 'The Third Man' ...great metaphor actually... came looking for a job...found out it is all a scam....left broke and bitter.
Juvenal Delinquent wrote:
Is that when, during every seventh year, the
doubles your debts?
bearly wrote:
I thought it relied on constant growth of debts. Has anyone ever paid back large scale (country-sized) debt?
Once much of the 'means of production' was shipped to India, China etc., the trajectory was set.
Dr. Strangeloan, or how I learned to live with the debt
bomb.
Jonathan wrote:
I thought it relied on constant growth of debts.
+1,000,000,000,000
We need a new bear slaughter icon
i'm thinking a guy holding a fishing poll in one hand(to reel in the bears) and a baseball bat in the other hand.
Recession chugs on, except in government | Washington Examiner
So fat people cant balance a checkbook, eh?
poic wrote:
You obviously have never dealt with bears before, right? A baseball bat?
The Intelligent Investor: Will We Trust Wall Street Again? - WSJ.com
Every third salmon is made of dynamite...
Picture/Photo: Salmon leaping and Brown bears fishing at the Brooks falls. Katmai National Park
poic wrote:
Could just be an animated GIF of my Fidelity statements.
(Actually, I kid. Still using the Taleb philosophy, 90% cash, 10% OTM bets).
RATM wrote:
Not me; at least not under present circumstances...
From last night, still seems interesting after a few hors:
Jonathan wrote:
Financial Indicators
look at the last chart, you'll see federal govt debt falling by the amount household debt increases and corporate is constant
the only times there has been a decline in total debt post-wwii has probably been in crisis, or endowment windfall
like if you look at Japan's debt, while government debt has been growing the corporate debt was shrinking and household debt relatively unchanged
it's because debt represents effective money supply, and if it is shrinking it would force deflation which our financial structures aren't set up to handle
debt is only repaid through hardship, Bernanke doesn't have the chops to last his term
"You obviously have never dealt with bears before, right? A baseball bat?"
ok how about fishing rod in one hand and glock in the other. I'm from California and were into non violence and getting along with nature.
Cinco-X wrote:
LOL I figured he was talking about suicide. Lure the bear in close with the fishing pole and then hit him with the bat to really piss him off! Then, family collects life insurance or some such...
Even with
in the pond, srs is keeping its head above water ... hmmm.
Also consider:
Calculated_fricassee.com
There is just something about that kermit picture that is inherently funny.
poic<
---You aren't from Oakland, I take it.
I am still tyring to understand on a fundamental level how the financial system in Europe is supposed to work with individual countries managing their own budgets, issuing their own debt and not having control of the supporting currency.
Designed to fail ?
I told you about the an Army bud of my dad's who went Kodiak hunting right? Rifle didn't cut it, had to pull his revolver...three shots bounced right off the forehead...
bearly wrote:
I'd call that organized crime/collusion
bearly wrote:
And this is different from the United States, how? (States issue debt, states don't control currency.)
Thanks, Notorious A.I.G. Last thread.
bearly wrote:
It doesn't sound like a great plan, does it. You can't take the political out of economy.
Weather Helm wrote:
The Glock he mentions in Comment by poic from thread 'Fitch: Prime Jumbo RMBS Approach 10% Delinquent' might be suitable for that. Otherwise, anything but a well placed head shot with a 9mm would just piss a brown bear off. Maybe a little more effective with a black bear, but I don't know if I've ever heard of black bears fishing. I thought that was a brown/grizzly thing-
RATM wrote:
The Intelligent Investor: Will We Trust Wall Street Again? - WSJ.com
I didn't trust Wall Street the first time, so by default, no.
Rob Dawg wrote:
I'm not really sure I have it in me anymore for RE investments. But personally I like mixed commercial/residential, and we have a fair amount of that around here including newer developments. I also like live-work, or stuff that can be zoned in that direction. There's a ton of demand for live-work around here -- at the right price.
Weather Helm wrote:
But there is a political union and a single federal gov that can take action to help the states. For example, the feds are paying the unemployment insurance for the dozen or so states whose UI fund is broke. They can send stimulus bux and tax breaks. Not quite the same situation.
Vonbek777 wrote:
Are you saying the rifle did not cut is but the revolver did? 44Mag perchance? Or did the revolver not work and he ended up getting mauled?
Is that when, during every seventh year, the Vampire Squid from Hell doubles your debts?
One of the funniest things I've read here in a long time.
Gov. Paterson injects $3 million more into strapped St. Vincent's Hospital
the EMU sets an arbitrary money supply, just like gold and the gold standard did
Cinco-X wrote:
I was watching something on the tube last night about a woman who tries to wean bears off foraging in human habitat. Her weapon of choice is a high-power combo paintball gun/noisemaker.
But I wouldn't try that on a grizzly.
Krugman has written about this in the past. States can at least draw on some federal support, so burden of recession doesn't fall entirely on them. Not so for eurozone.
Mr Slippery wrote:
OK that makes it different but does that translate into a guarantee the member states won't default? If so, I should be stacking 'em high with Cali bonds right now.
Or did the revolver not work and he ended up getting mauled?
He was eaten. Fortunately for the bear he had toothpicks in one pocket and tums in the other. Those shoe laces can give a bear heartburn, and they get stuck in the teeth.
Bubblisimo Gerkinov wrote:
I had full intentions of dumping my SKF last Wednesday morning; for weeks it had gone absolutely no where. I had typed it in the sell box, and my hand hovered over the button. And then I relented, and thought "ah screw it, maybe next week".
Thank goodness I'm a procrastinator.
deleted!
Weather Helm wrote:
Exactly, does default by any other name not smell as sweet?
Ok how about a fishing rod in one hand with a big ass salmon hanging off it and a claymore under the ground with a big red X to mark it and a sign saying "please stand here"?
Weather Helm wrote:
Well, it's my understanding states are supposed to operate under a balanced budget. I don't know whether individual Euro nations are held to those limits. If so then I suppose it's the same as the ttates.
He wasn't far enough away...the rifle shots hit, but didn't stop the bear.... he couldn't get away fast enough... pulled his revolver...can't remember what type, but it was six shooter...three shots to the head, literally bounced off... he aimed lower, the other three shots stopped the bear, but it fell on top of him, broke his leg. He was very lucky. Some other hunters in the area heard the shots and came by out of curiosity. He went hunting a big bear by himself, almost got killed...
bearly wrote:
Maastricht Treaty, effective enforcement of it as about as strong as it is for US states
Vonbek777 wrote:
So it sounds like it was a combo of rifle shots, pistol shots, and luck that killed the bear
Thanks for clarifying.
He went hunting a big bear by himself
Not too bright of him, eh?
Weather Helm wrote:
No guarantee. Cali and Greece have similar problems, but I would bet on Cali over Greece in case of a default. I think even if Cali defaults, or issues IOUs, it will eventually repay. Not so sure if Greece defaults.
@Vonbeck playing cards for eternity, least the conversation would be good.
"One no trump". "Hey, you bid that infinitely times already today. Can we play hearts instead"
Hell thats just me, my wife and my parents around the kitchen table...wait a second...am I in HELL!!!!! Dad keeps telling me not to talk at the table...
Probably appropriate to give people the standard alert Re bears:
Always wear bells and take pepper spray when going into bear country. It helps to be able to identify bear dung as well. Black bear dung typically has squirrel fur and berries. Grizzly bear dung has little bells in it and smells like pepper.
Somedays you get the bear and somedays the bear gets you...
The dude abides...
Weather Helm wrote:
Dad said he wasn't the smartest canary in the coal mine...of course he got picked up below the zone for promotion three times...go figure...
bearly wrote:
Yeah. CA's budget is balanced as long as you include future income in this year's budget.
Freaky, I know! But I and my wife manage our household under these very same constraints and somehow get by. The fact that the government apparently 'needs' to control the value of the currency to manage its affairs tells you that they are under political constraints that make it impossible to either collect taxes or cut costs in any other way than inflation (which does both at the same time, if you do it right...). Not being a Keynesian myself I'm perfectly happy to see government in a straitjacket.
Helm<
Are you a scat-ologist?
Grizzly bear dung has little bells in it and smells like pepper.
Maybe spray the pepper on yourself and hope the bear doesn't like spicy food.
Weather Helm wrote:
I thought that in previous discussions, it's been established that states have defaulted in the past, and much like people, they suffered with poor credit for awhile, but eventually were able to borrow again. It seems like to poor credit rating and fear on the part of lenders lasts for quite a bit longer in the case of states, but I don't recall for sure. Nowadays, they'd probably just chop up the state debt, securitize it, and sell it as a derivative with a AAA rating....
"The new year has brought no relief from declining jumbo loan performance," said Managing Director Vincent Barberio. "The trend line for delinquencies indicates the 10% level could be reached as early as next month.""
And since my area is pretty much all jumbo, it's going to be ugly.
Big old Victorian across the street was bought in '07 for $1.15M -- never occupied. Went back on the market at the same price in September, and is now off the market -- no sale that I can tell, not listed anywhere. I'm wondering if they let the bank have it.
Weather Helm wrote:
+1
EvilHenryPaulson wrote:
Now I get it. In that case, it seem likely the Euro will fail. I can't see sufficient willingness to bail out member countries. Bailing out member states in the US could go on for a long time.
justaskin wrote:
Bridge in college used to be such fun......
Especially when you'd get two stoners and two cokeheads playing.
"um..... what was the bid?"
"TWO NO TRUMP DAMMIT.. COME ON".
"um... ok".
"HELLO... IT'S YOUR BID.....".
(later).
"what's trump again"?
Vonbek777 wrote:
Peter principle?
Comcast in my neck of the woods in virginia has been running this ad from the Committee for Truth in Politics concerning HR 4173. Shaping up to be a very interesting election year.
The Big Bank Bailout Bill? | FactCheck.org
EHP wrote:
But Canada exports a lot of oil right? So debt could be paid back, or at least as the charts seem to show, remain level and serviceable over a longish period.
I guess this goes to the heart of the matter that debt must grow as goods are produced, mined, refined, value-added etc. If debt did not grow, we'd start looking like Japan, with an appreciating currency and slightly falling prices. Oh, the
Thanks for the data points.
Eric<
Which team were you on?
"Weather Helm wrote:
Grizzly bear dung has little bells in it and smells like pepper."
so Kermit wears ankle bracelets? Kewl
HomeGnome wrote:
I could play both sides of the ball.
Dad played college football... his fondest memories of college were playing a penny a point Spades with his drunk teammates. Paid for his entire college extracurricular that way.
College students can afford coke?!?!?!?
The guy was so stupid he just did the craziest things that the upper ups mistook for leadership and bravery. Later they realized how stupid he really was, and his career was brought to a close...but it gives one pause...
I probably shouldn't use stupid as my adjective...he lacked judgment...like having affairs with two female staffers while working on the the third marriage. Maybe he should have gone Navy....just kidding...
black dog wrote:
FWIW, the Factcheck.org piece didn't really refute the claims of the add and much as it tried to render the points moot, by saying the Fed already had the authority. Perhaps the house bill does little more than fund this authority?
I'd be much more interested in a full list of the 35 states where they're running the add; that would give us a "heads up" on where the GOP might be targeting-
10% delinquent loans, but if those loans are on bank balance sheets, they assume only 5% will ultimately go to foreclosure.
Meanwhile, 8 out of those 10 borrowers are not planning on paying back those mortgages.
Vonbek777 wrote:
I was always taught that--for many occupations--you start out with a full bag of luck and an empty bag of skill, and the goal is to fill the bag of skill before you empty the bag of luck.
I wasn't paying attention at the time, but how much of a penalty did Orange County pay for defaulting in the 90's?
bearly wrote:
I don't see the bankruptcy of member states resulting in EU or Euro failure
edit: I mean it could, I just don't see that it must. I don't feel strongly that it is likely. Think it would have to be over a longer term issue like energy strategy or military alliance
Weather Helm wrote:
Ha, whenever I solo someplace rugged I always wear red or orange. When they asked me why, I said so they can identify me from the shreds of my clothing left in the bear poop.
ghostfaceinvestah wrote:
But in the mean time the banks record all the past due interest and penalties as current revenue. "We didn't get paid this month so we made more money."
ghostfaceinvestah wrote:
Are you suggesting that bank balance sheets are puffed up? Bigger losses coming?
noob goldberg wrote:
profound
Sadly I think both my bags had gaping holes...can I get replacements?
Snowpocalypse '10: Everybody Panic! - Weather - Gawker
If this is what a simple snowstorm can cause, what will happen if something really goes wrong?
Got Food?
EvilHenryPaulson wrote:
I've suspected for a long time that the Mediterranean Region of Europe will leave the Union at least from a monetary standpoint. I still think that will have to happen.
Mr Slippery wrote:
Calculated Disk - A site for Frisbee Golf enthusiasts.
Calculated Frisk - Portal site for the newly privatized arm of the I.R.S.
shill<
It was the Super Bowl too.
And yes, I do have food.
Why? Do you have the munchies?
Radiohead "No Suprises"
A heart that's full up like a landfill,
a job that slowly kills you,
bruises that won't heal.
You look so tired-unhappy,
bring down the government,
they don't, they don't speak for us.
I'll take a quiet life,
a handshake of carbon monoxide,
with no alarms and no surprises,
no alarms and no surprises,
no alarms and no surprises,
Silence, silence.
This is my final fit,
my final bellyache
with no alarms and no surprises,
no alarms and no surprises,
no alarms and no surprises please.
Such a pretty house
and such a pretty garden.
No alarms and no surprises (get me outta here),
no alarms and no surprises (get me outta here),
no alarms and no surprises, please.
Vonbek777 wrote:
That's a feature; use the holes to pull the luck out and to put the skills in.....otherwise, they're just pillows-
Rob Dawg wrote:
Will they be taking over airport security as well?
CBC News - New Brunswick - Tim Hortons bans complaining customer
See what happens when an absent minded philosopher doesn't read the instructions...all this time carrying the bags upside down...
Maury the Credit Responsibility Panda wrote:
In Pakistan and Afghanistaan they do what are called 'Calculated Frisks' : Only frisk people you are absolutely positively sure are not wearing an explosive belt under their shawl.
EvilHenryPaulson wrote:
I didn't think much of the pithy saying at the time, but over many different occupations and endeavours I've determined that it's completely accurate. I think it's most applicable during the dangerous period when a task migrates from active mental activity to reactive, or subconscious activity. Aviation has the 100-500 hour danger rule, where pilots think they know what they are doing but are yet incapable of recognizing the danger they are truly in. Similar with driving, or diving, or any other dangerous activity where the student begins thinking that they are no longer the student.
poic wrote:
Still very iffy. Let's try: 12g pump shotgun, plug out, with 3" magnum slugs, and maybe a .44 Magnum Super Redhawk for backup.
Well I did earlier
DJIA keeps flirting with
, but 20 out of 30 members are still down. S&P doing much better overall-
Cinco-X wrote:
The Dow is only at 90 million, and we're well past mid-day. Very quiet today.
EvilHenryPaulson wrote:
I think that's unconstitutional ... Starbucks sure, but Timmy's?
Maury the Credit Responsibility Panda wrote:
I had a hard time shooting the Redhawk...I am a terrible shot, my wife is perfect of course... and had no problems...I don't know will have to try some more practice. We were just shooting cans off a fence, but I couldn't even hit the fence...
and sometimes the people will remain unskilled forever, because they focus on alternate goals
Bubblisimo Gerkinov wrote:
Read the comments, everyone thinks he's a total hoser that no one would want to stand in line behind while waiting for their double double
Get Used to Dow 10,000: Value Maven Predicts 10 More Years of Famine
EvilHenryPaulson wrote:
I have a friend who worked her way through school working at Starbucks, they had a woman come in 5 days a week every morning, and every afternoon without fail she returned with a cup containing 2 ounces of "the worst coffee she had ever tasted" and demanded they replace it.
So they did.
Long ago when I was wet behind the ears just out of college, a wise old manager near retirement taught me that sometimes you need to tell people to F-off, and there is a way to do it without having to resort to profanity. I have a feeling they told him to F-off before and he's too dense to get it.
Vonbek777 wrote:
It is a very difficult handgun - well, basically, hand cannon - to use. A .44 Magnum certainly isn't like in the Dirty Harry movies where they show him firing it offhand with minimal recoil.
noob goldberg wrote:
Superbowl hangover? BTW, isn't the rule of thumb that if the NFC wins, stocks will end the year up?
Cinco-X wrote:
Inculcated Fist doesn't rhyme.
I know it is a goal of mine to remain unspecialized for as long as possible. I like being a generalist, it helps me keep perspective.
shill wrote:
Most people would either sit in a stadium waiting, which would be miserable, or get in the car and use the plastic to go elsewhere and stay in a hotel, which doesn't work in all scenarios.
noob wrote:
Nothing like an inadvertent tour of the Approach Lighting System to wake you up from any complacency.
Riding the motorcycle, I've been transitioning back to things getting scarier rather than less scary. The tricky part is that it's hard to tell whether I know what's going on now, or I'm just chasing another illusion.
...and use of both of these while being run down by a damned bear? In your dreams.....LOL
Rob Dawg wrote:
Probably a danger of repetitive motion injuries as well.....for the inspectors...
Vonbek777 wrote:
I've used my active mental processes to sneak my way into 8 completely different careers so far, and it's served me well, but I've avoided piloting aircraft solely because I'm horrible at transferring active mental effort to subconscious instinct--with the exception of driving. Without that focus on repetition which is necessary for instinctive learning, I'm worried I'll hurt myself or, more worrisomely, someone else.
I'm just too flaky to become seriously skilled at anything.
I was alluding to Bernanke who has spent his life working on self-promotion, now tragically incompetent in understanding the matter at hand once he arrived at his destination
or anyone on wall street who is theoretically supposed to be allocating capital to the areas of highest return and greatest wealth creation, instead to areas of negative return which had obfuscated risk because they got a bigger bonus out of it
... they're definitely good at something, specialized even, but to no good end
Jonathan wrote:
Or a frozen carburetor.
Cinco-X wrote:
Look back at what CR posted, the old NFL,...that fits the Colts but I'm not sure NO qualifies.
Cinco-X wrote:
Just try and get an answer to the following question: "Has airport security ever found a weapon in a camera?" Does the answer yes/no in any way endanger security? What then is being 'protected' by not answering?
Once you've gone through that exercise you can draw an on topic parallel. How much money went to foreign central banks in the credit crisis? Why at this point does the number still matter?
We've transitioned from protecting the public to protecting the protectors at the expense of the public.
Don't be hating on black bears, they hardly ever kill anybody for no reason, except in the Gulag Hockeypelago.
noob wrote:
Or a dropped valve in IMC.
Black Star Ranch wrote:
At short ranges there's probably not a good choice. That said, a slug might be better than a rifle, since it had a lot of mass/energy yet is likely to stay in the bear and deliver all of that energy. Of course, the best approach is not to get into the situation, but that's not where the discussion started. It was really more of a humorous discussion of bear traps on Wall Street, I think....
Comments that Europe will be OK if Greece fails musta missed the regional contagion research abouts serial failures throughout a region when there's a failure of one nation...risk exposure is spread...but remember...the subprime was *contained...
Tim Horton's bans complaining customer...
This, in the first comment, says it all.
" Most of the time its not the employees fault. It usually the equipment that is being used that do it wrong.
Banker apologist in training?...
Ciao
MS
That is a good metaphor - as you'll recall from the film, the victims were children. Just like our current debt binge.
noob goldberg wrote:
S'okay. I've adjusted the BLS instruments to indicate everything is normal.
sdtfs wrote:
Thanks-
It's funny, when I was a computer monkey fixing pcs...I could instinctively fix machines that the other trained guys couldn't. Just knew what was wrong. This got me promoted to network technician status, and I went out with a very gifted network tech, and he hated working with me. He couldn't teach me anything...said I didn't have the mind for complex networks even if I had a gift for finding the problems before he did. So I used to get sent out to a site to diagnose a problem, and he would follow up and fix it. Ended up working great except my 'skill' was considered a gift and therefore not worthy of pay... remember sitting down with the owner asking why his business had doubled since I came to work for him, and yet I couldn't get a raise...he grudgingly gave me credit for the expansion in his business but said I wasn't his type...he couldn't get me, couldn't trust me, and honestly thought I was more of a liability in the longterm...even if I was a gifted technician...
merchants of fear
I didn't say countries with debt problems wouldn't face higher rates if the EU-put disappears
I said that if Greece went bankrupt, I don't see why they would leave the Euro
or for that matter why Germany would leave as a result
Rob Dawg wrote:
U.S. Total Gasoline Retail Deliveries by Refiners(Thousand Gallons per Day)
You seem to have missed one.
domino theory !!!!! I knew it would reappear.
merchants of fear wrote:
Don't try to sell your fear mongering in this market
"The trend line for delinquencies indicates the 10% level could be reached as early as next month."
There we go with that 10% figure again.
10% delinquies in jumbo. 10% delinquencies in non-jumbo. 10% UE rate.
pavel.chichikov wrote:
No one to out run
The distinction is supposed to be NFC (market goes up), AFC (market goes down), with the exception being old NFC teams being in the AFC count as NFC. The NO franchise was started in 1967 and has always been in the NFC. So they are definitely not AFC.
Who knows?
best wishes
Citi: Oil And Gold Bullish Speculation Surges, Now At The Highest Level In A Decade
Who dat say they gonna beat the spx?
The 'incompetent' theory is not plausible any more knowing what is now becoming general knowledge about the unsustainable course the U.S. govt. and other govt's are on based on history...the stupid or black swan theories aren't really plausible either to informed readers...of economic/finance history and financial/currency crises studies...
75% Are Angry At Government’s Current Policies - Rasmussen Reports™
Is there enough physical gold to cover paper gold speculation and investments?
Unlike the dumbass 61-yo (or 71-yo depending on the story) private pilot last week who decided to buzz his friend in his Ford Explorer........real smart move - hit the top of the vehicle with his left landing gear, causing an emergency landing in the desert while his friend in the SUV was airlifted to a Vegas hospital. Only in Pahrump.
.:: Aero-News Network: The Aviation and Aerospace World's Daily/Real-Time News and Information Service ::.
Rofle Winkler has a photo of the MBA building today (he did an expose on this building when it was first announced)
MBA dumps 1331 L | Analysis & Opinion | Reuters
best to all
merchants of fear wrote:
Can you expand a little...not plausible because everything that has happened is baked in the cake...or the models and stats really do tell the story if you have eyes to see?
Hubris fills the gap between stupidity and incompetence.
Cinco-X wrote:
A bear gun.
GunsAmerica - Smith Wesson 500 Bear Survival package. - Smith & Wesson Revolvers > Full Frame Revolver - Guns For Sale & Gun Auctions B"H
Here is a guy shooting one
http://upload.wikimedia.org/wikipedia/commons/8/84/Tom_500_nightfiring.jpg
I weep for your putz.
C
Yes, something around 7 trillion bucks worth at these prices. I believe a good third of that is held by sovereigns. All just guesses based on research 7 or so years ago.
Vonbek777 wrote:
My experience was somewhat different, where my intuitive skill is in effectively operating any piece of equipment, of any size, with only the most cursory of training. During my younger days it turned out to be an advantage in terms of relative compensation when compared to peers. But not enough of an advantage to lure me away from doing something completely different with my life.
However, if I need to relax I only have to find a piece of equipment, a truck, backhoe, a lawnmower, whatever, and I return to a state of zen.
merchants of fear wrote:
I think along the same lines but the fallacy in our line of thinking maybe is when. If they can kick the can for another fifty years they must come to the same conclusion as Keynes.
Counterpointer wrote:
I just buy Enzyte for that.
I expect a $40 million building to look a little bit more the part.
dum luk,
Read the regional contagion research...the domino theory of communism turned out to be bunk that's what I had referred to in threads...the international market and national economies have assumed 'communistic' or centralized banking programs and principles as the driving force of economies and finance...
Thx for clarification EHP...
is anyone tracking the migration of people looking for work? saw an ABC story about people moving to ND looking for work, adding to the homeless population
Jonathan wrote:
You are correct. Both Energyecon and I have ben quiet about retail delivery of late. Things are too volatile to pull trends from the weekly reports these days. For instance California gasoline use is flat but diesel is down double digits. Confusing.
At least oil prices (ground levels) are dropping away faster than the ship is descending.
RATM wrote:
It's possible to survive an attack with a weapon like this, or perhaps even a short barreled .357 Magnum, but it shouldn't be a primary choice of weapon for anyone. Just a backup for a worst case scenario. Only real experts or idiots go out hunting game like brown bear with a pistol.
"There we go with that 10% figure again.
10% delinquies in jumbo. 10% delinquencies in non-jumbo. 10% UE rate."
gives new meaning to the NBA term "triple double"
tg wrote:
More likely the conclusion will be according to Hayek-
tg,
The U.S. doesn't have 50 years of over-spending left with the currency attackers and expectations of default out there...neither does the UK...
@ cinco
Check out the trendline. O's approval vs. disapproval are at his lowest/highest and are sooooo close to kissing.
RealClearPolitics - Election Other - President Obama Job Approval
We've got best-seller pseudo analysts like Taleb saying to short Treasuries...creating 'expectations'...
merchants of fear wrote:
Unlike most analysts, he actually invests money.
merchants of fear wrote:
Not really arguing but the words irrational and solvent come to mind
The volume on the DOW has really started picking up the past few minutes.
EDIT: nevermind, it was just a blip.
Rob Dawg wrote:
is drfly around? i am curious to ask him how things are looking on the manufacturing front given the dollar's recent resurrection.
The PPT Cruiser can go from zero to 10,100 in no time flat, and stop on a dime.
....little broader view - similar chart at bottom of page
Obama: Job Ratings
Cinco-X wrote:
Hey Timothy Treadwell didn't need any stinking guns to stay alive with bears. He wen't like 13 seasons living with the grizzlies. Then again, the bears finally tired of his antics and ate him, and his girlfriend.
Of course, some think they didn't eat the guy earlier because in all likelihood the bears thought old Timster was probably retarded or had some other affliction.
Juvenal Delinquent wrote:
Bloggers in the future will have to wiki that
Black Star Ranch wrote:
Yeah, there's really not a good scenario when it comes to having a bear after you.
Blanks don't have alot of recoil.
Boy....it's a good thing the limits were increased to $417K....much easier to add up to BIG money now.
Speaking of big money,...... China now owns part of Bank of America, Morgan-Stanley, Citigroup, Apple, Coca-Cola, Johnson & Johnson, Motorola and Visa. Better long-term investment than Treasuries maybe?
Good Morning!
Bankers can trade stock for steak | Stuff.co.nz
Currency attack agents come to mind...
Taleb Says ‘Every Human’ Should Short U.S. Treasuries (Update1) - BusinessWeek
Black Star Ranch wrote:
Different - not better. Just a different way to lose their ass. Hu cares.
Same issue as before - what to do with all the dollars and how to maintain the peg...
Juvenal Delinquent wrote:
It was impressive. I haven't been watching it much today, but over the span of a minute or two a couple million shares changed hands, corresponding to the decline. And then it died out completely.
@ dum luk
That link no worky for me.
Weather Helm wrote:
Well, to be fair, the girlfriend pissed off the bear by hitting him over the head with a frying pan. Otherwise the old bear would have probably been satisfied with only eating the idiot.
merchants of fear wrote:
I seem to recall in his book Black Swan he recommended most people buying treasuries. I would say his recommendation to short treasuries is a black swan.
Eh, my head spins.
noob goldberg wrote:
Somewhere a bonus is being paid.
CalculatedRisk wrote:
Does anyone know anything about the company that purchased the MBA building--CoStar Group? The little I have been able to learn makes it sound very MBAish/MERSish. Nevertheless, whoever or whatever CoStar Group is, they apparently got quite a nice incentive from the District of Columbia. MBA only reported earning $52,000 on rental income from the building in 2008--so, I hope CoStar Group is planning on occupying the building rather than leasing to tenants.
Black Dog,
Main page
PollingReport.com
Page I was attempting to link can be accessed by selecting "President Obama" {upper left side} and then "Favorability Rating"
'State of the Housing Market' - (hypothetical) Question for Lawrence Yun (NAR Chief economist)...'Good time to buy?'
It seemed like everyone was having a good time at my party last night, until...
PartyTime!
thanks
dryfly wrote:
Everytime
loses money, a 
gets its wings.
Will the fast pace of progress never cease....this makes me just want to run to the dentist....
Acid syringe 'could spell an end to dentist's drill'
More like a
gets a little bit of 
from 
heads like myself.
Black Dog,
My mistake. The second choice should have been "Job Ratings"
Vancouver, B.C. because New Zealand is too far......
Not bad
Kicking the can
Containing Inflation Via Unlimited Money Creation Daniel R. Amerman
Did everyone switch over to the secret forum?
Of course we are fortunate that this person did have la bomba. But he could have.
Body Found on Delta Flight From JFK at Tokyo Airport (Update1)
Share Business ExchangeTwitterFacebook| Email | Print | A A A By Mary Jane Credeur
Feb. 8 (Bloomberg) -- A body was found in the landing-gear compartment on a Delta Air Lines Inc. flight from New York after the plane arrived at Tokyo’s Narita Airport.
The Boeing Co. 777 wide-body jet landed in Japan at 4:50 p.m. local time yesterday, Susan Elliott, a Delta spokeswoman, said today. Flight 59 left New York’s John F. Kennedy Airport at 12:53 p.m. on Feb. 6, she said.
The cause of death might have been lack of oxygen or hypothermia, and the body didn’t appear to be crushed, said a police official stationed at Narita, who asked not to be identified by name because of department policy. The corpse was a black male and was dressed in jeans and other civilian clothing and carried no identification, the official said.
that was attributed to staying late in season, past his deadline, broke his own rule and his girlfriend was in her cycle at the time....
he did get some awesome video of the grizz though....
better to die from a bear than a broken down alcoholic in the street....
Ha! will-we-ever-again-trust-wall-street: Personal Finance News from Yahoo! Finance
No flaming way!
If the policies of Bernanke and the Fed are causing problems as Taleb and many others have said (including many of the commentariet), in addition to and instead of shorting Treasuries...why not call for BB to be fired and/or eliminate the central bank if it causes so many problems...or at least call for a thorough review and accounting of its activities incl. the bailouts...
Vonbek777 wrote:
No, I just came to the hilarious realization that I've been confusing EEV and DXD for well over six months now. Why didn't anyone correct me, or were you all busy laughing behind my back?
Instead, many of the prescriptions (such as shorting Treasuries or dump the dollar) called for, because of Fed blunders or mismanagement, will just further destabilize the U.S. economy...which makes the 'crisis' worse...
Not me I first noted you were holding EEV about a week ago and was thinking "this dude is smart".
merchants of fear wrote:
Right... Sounds a lot like the arguments for a centralized economy managed by "The Party"...
I don't know, my broken down alcoholic (great)uncle who used to break out of the nursing home every weekend for a trip to the bar and a pack of smokes...he didn't let a failed liver stop him from living well past his expiration date. His last doc finally gave up and said he must have been a zombie, no way his pickled body should still be ticking...big hunter too, think he preferred going out his way...
Is there a fund that goes 4x short the 2x ultrashorts?
You'd end up taking it in the shorts on 'rebalancing'. The ulta-x funds are all long-term losers.
merchants of fear wrote:
The error is in being led to believe that either/or are the only choices. The way to starve the beast is to not participate. No, not in the juvenile going galt way but just acting like a responsible adult refusing deals too good to be true and laughing at the door to door magazine (retail stocks) sales that are 2x the subscription rate.
Weather Helm wrote:
DNC 2010 Congressional campaign donations might be your vehicle.
Yeah Dawg...gotta get hip to the crafty and slick sales pitches and closes...
Anyone understand the Fed's exit plan that will reportedly be to increase the amount of interest the Fed pays for 'excess reserves'?
Speaking of door to door....anyone noticing desperate tactics kicking in again...The weekend before last I had a group of three men (very suspicious in itself) going from house to house, each trying to sell something different. The second fellow, after I said no to the first, tried to force himself into my house...a big no, no for me...went into my Bear form, and frightened them off, but no one tries to push himself into my house...no matter what they are selling...
Rob Dawg wrote:
Not the answer, but I know for a fact that at one point gangs had guns in phones. I'm talking old 90's cell phones not modern ones, saw photos from police officer friend. Not sure it would have made it through an x-ray without being obvious or not, but they existed in small numbers at least.
Guns and bombs don't scale down as well as electronics do though.
Is this a fav Wall St clown lunch place
The penis shrine (NSFW) Boing Boing
Get the put and wait for the weep.
dum luk wrote:
What was that analogy about the bags of skill and luck that I noted up thread? I'm burning through luck faster than a kid in a kayak upstream from Victoria falls.
However, there hasn't been a great divergence between DXD and EEV so in terms of returns it wouldn't have made any difference (I would have seen +$1.40 instead of +$1.70 that EEV gave), but it does explain a couple of incongruent days that I couldn't figure out.
I'm going to go and drink some coffee now.
noob goldberg wrote:
Is that currency adjusted?
I'll argue opposite, a friend was found behind a trash bin in a van nuys alley....
going out with a fight is surely more desireable.....
I'm sure one day a shark will get me....similar to this guy...
CDNN :: Freediving Accident - Witness Describes Gruesome Shark Attack on Free Diver
poic dont you believe in catch and release?
Central Bankers Will Print More Money to Save Greece - What Will They Do With Portugal… by The Prudent Investor
Mike in Long Island wrote:
No, the forex into CAD added another percent or two. It's been a good start to February so far
EDIT: But for a few days in January I was getting hosed on both EEV/SH/PSQ/SRS/SKF and the exchange rate, so it was quite unpleasant. I got into this EEV position at 11.55 on January 25th. DXD at that time would have been around 30.35 or so.
That depends on the type of gun and how much boom you need. Needle guns can be very small, and very hard to spot. You don't need much boom on a plane either. ... anyone given thought to these smart clothes ideas and a flammable clothing type...walking spontaneous combustion...
Vonbek777 wrote:
are you advocating that we should all fly naked? i'm sure they have a job for you over at DHS.
Let's hope they never realize how dangerous batteries are. This video is all kinds of stupid...
YouTube - WInk - Lipo Battery Explosion
YouTube - LiPo fire
I had a teeny 120mAh lipo short on me the other week and start smoking. Oil tool batteries are scary when they blow too...
Vonbek777 wrote:
get a gun
so if Shakira came by and wanted to sell some lingerie or It's It's ice cream you would have an issue
'The Fed will be paying banks even more not to lend.'
Oh my uncle didn't go out gloriously... he broke into the pharmacy and guzzled down some mix of rubbing alcohol and something else. Died with a smile on his face. He had given me his knife collection a few months before that, and told me not to shed a tear for his sorry sob hide. He wasn't a good man, by any means. Used to beat my great-grandmother and steal her social security check...and yet the older I get, you can see where parts of you came from... haven't shed a tear yet for him, but I will probably some day...
creditcriminalslovetarp wrote:
NEWT: My mommy always said there were no monsters. No real ones. But there are.
RIPLEY: Yes, there are, aren't there.
Already did, and I have been sleeping lightly. The one guy was selling home security for a major company...so they might have been legit, but the second guy was desperate about seeing my carpets so he could tell me about his cleaning solution...I want to know how many people let this guy waltz into their homes... he literally tried to force his way past me... I have wee ones, so Papa Bear doesn't have a stun switch right now...theres only hibernate and maul...
Yes, I am very territorial... my home is a fortress of solitude for me...I don't like intruders into my private sanctuary no matter who it is.
Vonbek777 wrote:
these days, I think it's safe to set your phasers to maul and go with it. particularly in Texas... castle law and all
I bet the other diver doesn't dive anymore.....feeling water pushed or displaced by a huge shark going 25 mph next to you would be scary enough....
they were both on the surface talking only seconds before....They had a spotter in the boat, didn't see a thing...
life is hard and its mean....
I will agree with this statement....my No trespassing sign on my front porch reads
Trespassers will be shot on sight, survivors will be shot again.
UNG is really the turd in the superpunchbowl today.
One of my neighbors down the street had one of those signs. Retired Marine. The friendly police department gave him a visit, and he took it down. Has never told me what transpired... but very agitated.
that things been in the punchbowl for a little while now.....
No problems with my neighbors, I do not bother with any of them therefore I could careless about their opinions.
Vonbek777 wrote:
that happened in Dallas? good lord. what is this world coming to?
i guess i could see that if you lived in UP.
I can't imagine anyone in my neighborhood caring either...He had his sign in his yard near the sidewalk...kids walk by his house everyday going to school...might be the issue.
Yahoo Finance Tech Ticker has the article 'The Fed's Exit Plan is Just Another Secret Gift to Wall Street' link wasn't working
shill,
thats the basic problem with neighborhoods now....someday you could need their help....
IndyMac Shenanigans - Guess who is involved
Video Marketing and Mortgage News Designed for Mortgage and Real Estate Sales
I understand your thoughts, but one neighbor across the street is 88 years old ( who I help once and a while with snow removal ) the other house across the street is a foreclosure ( empty ) and the moon bat down the street I could careless if she fell off the face of the earth.
No I count on no one for anything, and that goes for family also ( an even longer story ), every man for himself.
edited for brevity
I'm very anti-social...and I do think the burden of survival falls squarely on your own shoulders...but no man is an island. I do think what has happened in most American neighborhoods is a travesty. People don't have to be best friends or bother people to no end, but being aware of your surroundings, means getting at least a cursory knowledge of your neighbors. I try at least...most people close their garage before even getting out of the car around here, desperately trying to avoid any contact with the outside world. Just me and the three marines in my neighborhood get out and talk... I remember growing up women used to gossip up and down the block...cellphone changed all that...
cellphone changed all that...
cellphones have changed a LOT of everyday life.......mostly negatively.....
Rob Dawg wrote:
Mallcop Nation
@Vonbek777,
What you describe in your neighborhood mirrors mine. It is eerie. No one out and about where I live. No kids out playing. Everyone in their homes, glued to the computer or wide screen TV. Awaiting further instructions, no doubt. It is as if everyone is living in fear.