Growth of Problem Banks (Unofficial)
Submitted by
CalculatedRisk on Sat, 02/27/2010 - 8:49am (128 comments)
in
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pre privatizing failed institutions is looking better and better all the time
ps, the 'blessed" institutions like umpqua have got to have a special future
The real question is, will there be a bank holiday during the Obama Experiment, or will this be kicked down the road to Palin?
That's twice in a week where I barely beat the
, just in case:
The new BED survey
, which came out Tuesday, is stating that in Q2 2009 the US lost 1.6 million jobs, compared to the establishment report which initially only claimed 1.35 million jobs lost.
If you exclude the B/D adjustment, the establishment survey would have slightly overreported job losses. IMO, at this point it looks like you can use the unadjusted establishment number to get a more accurate jobs picture.
Darn, it looks so linear. I was hoping for a rabid parabola to help fuel dooming.
But problem assets have peaked, so the crisis is over.
At the current rate of closings, it will be 2015 before it's all sorted out.
Unless they somehow roll them all into Fannie and Freddie, in another unprecedented plan that is part of Ben's bigger plan that saved the world from entering an economic precipice.
Speaking of which, just for shits, I wonder how long it would take, at the current rate, for problem banks to reach 100% of total banks. Time to look up number of total banks.
FRBSF: Economic Letter - Using CAMELS Ratings to Monitor Bank Conditions (06/11/1999)
These retards just don't get it ....
A relevant policy question is whether supervisors might benefit by disclosing CAMELS ratings to the public. Such disclosure could benefit supervisors by improving the pricing of bank securities and increasing the efficiency of the market discipline brought to bear on banks.
Perhaps someone should make an index of problem banks that can be used as an ETF investment. Better growth than S&P 500, and subject to the same kind of bankster/squid manipulation, which is surely good for the economy.
Hoopajoops LTD wrote:
8020 as of end of 2009
For those interested in hearing how Hawaiians are being warned about a possible tsunami to hit in about 4 hours, go to:
Live365 - Player Window
Relaxing Hawaiian music interspersed with tsunami warnings every 10-15 minutes.
As of 2003 there were around 9500 savings institutions in the US with 100 million in assets or more... Can't find a more recent number.
Pardon me, 9171 banks of any number of assets.
Rajesh, I wonder if the decline in number of banks over time is due to mergers.
Source:
http://www.fdic.gov/bank/analytical/working/wp2003_07/index.html#fig04
Just by roughly looking at the graph, at around September 2010, 1 in 10 banks will be problem banks.
Everybody talks about the failed banks but nobody does anything about them.
Correct that to : 100% - 19.
C'mon that's not fair. We have a poll every friday about them.
Rob dawg writes:
I guess I was wrong. It is indeed our fault for failing to pass on the values and ethics that allowed us to recognize and seize opportunities. We were wrong to give you[r generation] so many advantages.
Keep on thinking that it's your superior "values and ethics" that let you glut for an entire generation on the bonanza left to you. Reminds me of a story a millionaire friend of mine told me, about riding very fast in a swift moving river in a paddle canoe and being proud of how good you are at paddling.
In reply to my reply, I'd like to add, that the current tsunami that many of us know about in advance, is a metaphor for the banking industry, i.e., we have wall street to thank for not playing by the rules and the Fed for not playing by the rules and we have a systemic failure from a crushing wave of financial terrorism -- which should not have happened, and as this financial terrorist wave from wall street did grow -- no real warnings were given -- no real accounting warning was provided, nothing was done to prevent the damage that did occur. The only warnings that seem to be out there, are warnings from bloggers with twitchy little fingers that wear
We are in a systemic period of failure and we still have a clueless government that has never taken off its
or stopped puffing 
-- what we have are idiots that are connected in a feedback loop where infinite cash is dropped from infinite 
and this is the equivalent of diverting fresh water into the ocean, in an attempt to stop the approaching tsunami....
I'm sorting getting a buzz from
can I get a :donut: icon or maybe a muffin ... some financial snackfood?
Sounds of today's Wall Street Bankster when they where the 60's hippie whiners of the establishment cheating them. Some things never change. Youth included. It's to hard!
Doc Holiday wrote:
Doc Holiday writes:
we have wall street to thank for not playing by the rules and the Fed for not playing by the rules and we have a systemic failure from a crushing wave of financial terrorism
Curse the agents of destruction as much as you like, but at the root of this disaster is the complaisance of the people, their toleration of corruption and self-serving entrenchment by their politicians, and the abandonment of intellectual rigor and skepticism of authority in favor of the lazy, comfortable warmth of conventionalism, authoritarianism, and sweet, sweet narratives of exceptionalism. Our conservatives should have been pushing politicians of any stripe out for violating principles of minimalist government and our liberals should have been advocating social solidarity and fighting in the trenches for their brothers, but both of these pillars, the great guardians of our society, have been seduced into abandoning their posts.
Chile Earthquake, Tsunami 2010: LATEST UPDATES, VIDEO
Headline says "tsunami threatens 1/4th of globe".
tg wrote:
Yes... very true and this makes me ponder the difference between getting, or working for a degree, versus getting a house with a no-doc ninja loan that is linked to a tsunami of fraudulent paperwork, which is connected to a shitload of CDO-squared derivative shit which is connected to the fed Discount Window, which is connected to Paulson's Swiss bank account, which is connected to lobby groups that twist America into dried up feces .... a lot of this problem is about the casino mentality marketed by wall street and people like Bush that pushed and hyped the Ownership Society - and they lured people into their trap -- obviously, we all had free will and didn't have to buy what people like Buffett and Bush were and are selling, but it's not just a matter of an individual making a mistake .... the vast majority of people who did fuck up, did so, because the system that was in place was designed to fuck them over.
If people would be forced to work for a house, versus feeling like it's a lotto ticket, none of this would happen!!!
The usual situation in regards to any two conflicting points of view is that somewhere in the middle is the "truth". I've got to agree with Hoops in regards to education and housing that the younger folks were given a raw deal compared to older folks. Many people have written about how housing & education inflation rip-roared past wage growth. Many of my elders could afford to work summer jobs and pay off school, books, plus entertainment (~250-800/semester) where as I enjoyed nothing of the sort (~4500-6000/semester), and the difference between the two scenarios was ~10 years. I could point out the housing situation, but this blog does that for me. Also when the time comes for the wars to play out after the race to the bottom devaluation and trade barriers, the elders will not be digging their nightly fox-holes and enjoying the daily serving of meager rations and bullet sandwiches. The sons will be paying for the sins of their fathers. Not that I disagree with much of Dawg's rhetoric. It all balances out in how you hustle.
.
The elder should put a boot in it too because they had it much easier than their elders. Now the new Youth (~2000 CE forward) will probably be in a position to tell all of their elders to stick it because they will truly face suffering and hardships that no one since the 1930s faced, and it will be interesting to see how they handle it all. After all, they could be the first American generation (if the Millenials don't beat them to it) that truly never had the chance to do better than their parents and will have little/no expectation to do it either.
Hoopajoops LTD wrote:
German Government Bonds Advance as Greek Debt Slumps on Deficit - BusinessWeek
GAH!
I am trying to build a time series from data from the ATA Trucking Index pressers to compare the SA and NSA over time (idea is that the delta between SA and NSA should more or less even out on a 12 month rolling basis or [12 mos cum sum (NSA MoM delta - SA MoM delta)])...first, any thoughts about that approach?
Second, check this out, the source of my GAH!:
http://www.truckline.com/pages/article.aspx?id=227%2F{808CE249-DFDF-4DD5-97EB-9B2D19D8D4CD}
http://www.truckline.com/pages/article.aspx?id=80%2F{8E1C7279-ED27-4C03-B189-CEEEE26BBB12}
I got a call early on this and did my DD and I live on the Olympic Peninsula, so need to be somewhat aware; The waves here will be about 2 feet higher at most and the tide is somewhat high, but there should not be anything above a 10 foot tide, which is not that unusual. We will see the impact at about 3 this afternoon, or so +/-
Lobbyist Ben Dover wrote 10:08 am
"Sounds of today's Wall Street Bankster when they where the 60's hippie whiners of the establishment cheating them. Some things never change"
hmmm im trying to visualize hippies and then blankfein, dimon, geithner, paulson, pandt, stumpf
can you name a single prominent or even obscure hippie who went on to become a bankstas?
REBear wrote:
The entire Pacific Basin, more or less...
Doc Holiday wrote:
yeah i mostly agree the system sucks but the scene from MP & the holy grail springs to mind. "Dennis some lovely filth over here" & "Come and see the violence inherent in the system"
February 27, 2010
"Russian foreign direct investment fell an annual 41 percent to $15.9 billion last year as the economy posted its biggest contraction since the collapse of the Soviet Union, Bloomberg reported Feb. 27. Overall foreign investment fell 21 percent from a year earlier to $81.9 billion, but climbed to $27.2 billion in the fourth quarter from $22.5 billion in the third quarter of last year. Foreign investment in stocks and bonds tumbled 37.7 percent in 2009 to $882 million from the previous year."
I wonder whether anyone has developed an Unofficial Problem High School list.
This school's basketball team is currently ranked #3 in the nation. It won't exist next year.
Findlay Prep loses to its toughest opponent: The Great Recession - Saturday, Feb. 27, 2010 | 2:01 a.m. - Las Vegas Sun
mock turtle wrote:
It's a really sad thing, but I have to do homework now ....
Thanks for sharing my 
may the 
be with you all.
Findlay Prep loses to its toughest opponent: The Great Recession
As I understand it, a recession is a segment of an oscillation.
A depression doesn't behave that way, and it doesn't look like that.
mock turtle wrote:
Symbolism.
Doc Holiday wrote:
Doc, LBD
i dont doubt that there are many a spoiled brat from the 60s that grew up to be a miscreant
but when ya look at the hippies, un ambitious, free love marijuanna smoking peace-nicks
andd then ya look at the life and times of paulson andd blankfein for example...two hard charging very samrt andd agressive even in their youth
you realize that this disaster was not designed and executed by a bunch of hippies
if anything the quants have far more to do with this mess than anything abbie hoffman or timothy leary could have ever dreamed up in their most lsd soaked hallucination
read yall later
My Way News - Hawaii blasts sirens, warning of possible tsunami
mock turtle wrote:
Did Clinton in hale? Come on even I was liberal and felt an under dog in my youth. Then I got out of school and figured it out. Same game just the names have changed.
pavel.chichikov wrote:
There are plenty of casualties in a recession. There would just be more of them in a depression.
I don't think we're hurtling towards a depression. At least, I don't see it as inevitable.
LBD
it aint simbolism
its obfuscation and sleight of hand to propagate the meme that plain folk, average joes, hippies, the bowling league or the womens garden club and tupperware part had anything material to do with this mess
heres one of your hippies
"Blankfein was born in to a Jewish family in the Bronx, New York City and raised in Brooklyn's Linden Houses, part of the New York City Housing Authority. His father was a clerk with the Postal Service in Manhattan.[2] He received primary and secondary education in the public schools of the New York City Department of Education, and was a valedictorian at Thomas Jefferson High School in 1971. He attended Harvard University, where he lived in Winthrop House, and earned his B.A in 1975, graduating with fellow Winthrop House student and future Chairman of the U.S. Federal Reserve, Ben Bernanke. In 1978, Blankfein received a J.D. from Harvard Law School.
Blankfein worked as a corporate tax lawyer for the law firm Donovan, Leisure, Newton & Irvine. In 1981, he joined Goldman's commodities trading arm, J. Aron, as a precious metals salesman in their London office."
wikipedia
spelling edit
One last thing, the tsunami is something to obviously continue watching if your near a coastal area:
In 1960, a tsunami triggered by an earthquake on South America's west coast, destroyed much of downtown Hilo and killed 61 people, according to the USGS.
The earthquake had a magnitude between 8.25 and 8.5, the USGS said, and the waves in Hilo Bay reached 35 feet, but only 3 to 17 elsewhere.
Smoke um is you got um
So what about the Banking Oligarchs ?
Oh I almost forgot - they are in collusion with the Fed and Treasury and willing to sacrifice all the rest of the U.S. economy – solely to prevent these banksters from drowning in their own financial feces.
heres another hippie who cause this mess
"He was born in Palm Beach, Florida, to Marianna (née Gallauer) and Henry Merritt Paulson, a wholesale jeweler.[2] He was raised in Barrington Hills, Illinois, as a Christian Scientist.[3] Paulson attained the rank of Eagle Scout in the Boy Scouts of America.[4][5]
A star athlete at Barrington High School, Paulson was a champion wrestler and stand-out football player, graduating in 1964. Paulson received his B.A. in English from Dartmouth College in 1968;[6] at Dartmouth he was a member of Phi Beta Kappa and Sigma Alpha Epsilon and he was an All-Ivy, All-East, and honorable mention All American as an offensive lineman.
He met his wife Wendy Judge, a Wellesley College graduate, during his senior year. The couple has two adult children, sports-team owner Henry Merritt Paulson III, more commonly known as Merritt Paulson, and journalist Amanda Paulson Rollins. The Paulsons became grandparents in June 2007. They maintain homes in Washington, DC, Barrington Hills, Illinois, and Little St. Simon's Island.
Paulson received his Master of Business Administration degree from Harvard Business School in 1970.[7]"
wikipedia
if anything the quants have far more to do with this mess than anything abbie hoffman or timothy leary could have ever dreamed up in their most lsd soaked hallucination
The quants are tools too. In this case, they're being used like delphic priests, whose interpretations of the inscrutable are used as cover for the power grabs of their controllers. These people have a mythology behind them that gives them their power. It's better for all of us if that mythology is shattered, along with the mythology of the "gifted genius" financier who gains massive profits due to some inherent, god-given talents, rather than his criminal manipulations of the market and the political system that governs it. These myths are the veils that conceal the miscreants and protect them from the just and wrathful vengeance of society.
I don't think we're hurtling towards a depression. At least, I don't see it as inevitable.
So split the difference and say we're not hurtling? Circling the drain?
mock turtle wrote:
By analogy I have never believed communism was a threat to America. Fascism has always been the threat, wrapped in the flag and served with God on its side.
As a lawyer, I was a priest too. I performed empty, elaborate rituals such as due diligence and reading mountains of documents, reading and searching and confirming the nonexistence of something we already knew was not there, acts whose only purpose was to support the reputation of my firm and thus the legitimacy of my firm's clients. My firm wasn't hired to do the work it did, which any idiot could have done; it was hired for its name, for the legitimacy its blessings lended to deals and clients.
Mock turtle,
So give me an "F" teach in the formal education slot. You win OK? My point is still the same using an extreme. The point is failure, generally are not starts, no effort, victimization and blame.
Hoopajoops LTD wrote:
You would have a different view of the profession if you would spend some time actually helping real people with real problems. There are plenty of them out there and the help they receive is woefully inadequate.
Sounds like the customers felt the value of the reputation is worth the cost compared to your point of view. Value is in the eye of the beholder in any business.
Lobbyist Ben Dover wrote (in reply to mt...) - 10:33 am
Did Clinton in hale? Come on even I was liberal and felt an under dog in my youth..
oh yes clinton as hippie,
and when was that...
when he was a rhodes scholar,
or state attorney general,
or wuz it while he was one of the youngest state governors ever
maybe it was while he was at cambridge or oxford or where ever it was he studied abroad with all those other oxford and cambridge hippies
getting effed up on booze or other drugs and avoiding the war in V does not make one a hippie
otherwise dubya and cheney would qualify
ya know LBD...its plain to me from our many debates that you are a smart guy
why oh why you persist in launching diversionary, folksie memes and deceptions as explanations escapes my imagination
it almost reminds me of what sebastian used to do but in reverse
another smart person who says stuff that aint supported by the data, andd to this day i dont whats in it for you to do this
entertainment maybe to have mock turtle, the dumb ass shadow box at the void while everybody laughs
one purpose is served
to state whats on a lotta peoples minds
and i get a chance to post links that call your assertions into question
Hoopajoops, I had ATT thoughts after last
Hilo bay is problematic since it condenses and amplifies the wave energy, then funnels it into a smaller area as it hits land. Some parts of the river saw much higher waves. Time will tell. But the rest of the islands should be around 2 ft to 2 meters. (Predictions at this time, which are wags at best.)
Lobbyist Ben Dover (profile) wrote on Sat, 2/27/2010 - 10:42 am
Mock turtle,
So give me an "F" teach in the formal education slot.
i think i owe you an apology
im over reacting
i dont want to win..or loose
i think (guess) maybe there is a chemical reaction between some of the things you say as I perceive as an attack...when it isnt an attack
maybe its just a form of political cartoon or irony...and i over react...i dont know
im sorry
Going to have to borrow that one.
I have a question related to problem banks. In the year or so leading up to their closure, is the typical bad bank's loan portfolio expanding? If left on their own are they shrinking?
I'm guessing that typically they are digging a much bigger hole if left to continue bad management, but I like to have the actual data.
Hoops, last year I had an ATT salesman come to my door trying to sell uverse. I have issues with ATT, not the least of which I explained to him was the fact that they blatantly opened up their datacenter to government agencies and not only did not have to defend why, but somehow got congress to change the laws retroactively to make this practice legal.
Another big corp. I have issues with is Goodyear, will never buy another tire from them as long as I live.
Covelo great-grandmother gets 6-year term for meth dealing | | PressDemocrat.com
Henthorne's attorney, Justin Peterson, said she had begun dealing methamphetamine in a failed effort to save her home and restaurant.
Meth is not a community-friendly way to make a buck.
She would have had a much better time all around had she been curing buds.
Just saying.
edit
uncle ar you are so correct about the fascisn,sooo easy in the right circumstances and these just might be it. god and flag things are in place just waiting. :tinfloil:
edited for
sportsfan wrote:
Yet both require the state to distribute goods and services by brute force. The ideology may be different, but the implementation appears the same to me.
Communism, the economic idea, was only ever a threat the wealthy. After WWII, with memories of the Depression still fresh, the masses here and abroad were leaning away from capitalism. The elites redirected the formidable propaganda machine that helped the war effort (buy bonds, victory gardens, etc) to the defeat of communism. Hollywood was enlisted to help here, the CIA bought elections in Europe.
Uncle Ar wrote:
What is your concern with Goodyear? Just curious.
mock, you were on the right track.
I had an early opportunity for a backroom job on Wall Street 40 years ago. I moved to California.
I could have interviewed with the three largest tax firms in L.A. I passed on the invitation.
I worked a year and a half at a firm similar to Hoops. I decided I wanted to represent real people.
There's a reason liberals didn't become banksters. It's too foreign to their operating systems.
February 27, 2010
"Tsunami waves reaching up to nine feet could hit Hilo Bay at 11:05 a.m. on Feb. 27, Star Bulletin reported, citing the NOAA Pacific Tsunami Warning Center. State officials in Hawaii have activated their emergency response plans to prepare for a possible tsunami caused by the massive Chilean earthquake. The Hilo International Airport on the big island of Hawaii has been closed. All crews aboard vessels and on the ground in state ports have been ordered to evacuate. Residents have been alerted to tune into their local television and radio stations for instructions."
Mr Slippery wrote:
To me the ideology is the same. State run communism is just a subset of fascism.
KCCN FM100 All of Today's Hawaiian Hit Music on kccnfm100.com
Posted earlier, but this link really does show how the ring of fire is starting to heat up.
Now just for the volcanoes to start going off.
IRIS Seismic Monitor
And a little music to back it up.
YouTube - Johnny Cash - Ring Of Fire
Sunny day in Houston, time to take the kinder princess to play in the park
kauai_kahuna
listening to kccn you evacuated yet?
Rains pound L.A. area; officials on alert for possible mudslides [Updated] | L.A. NOW | Los Angeles Times
I'm starting to wonder if the Mayans were right.
We are supposed to get 2 feet here in SoCal. I'm not sure we will notice. Best of luck!
When I was Hilo, I saw photos of previous tsunamis - pretty amazing.
some investor guy, The FDIC is limiting brokered deposits are some institutions. I've seen this in the disclosures for some Puerto Rico banks - and that is probably why the assets are declining.
In general I think you are correct - once a bank is near the edge, they start to gamble more and more. So the FDIC is trying to restrict that activity - and they FDIC can be controlling when a bank is under a formal agreement.
best wishes
Will not be, I'm on the third floor of a very large cement building inside the bay and outside of the evacuation area. We may see some surging water levels and some flooding but nothing deadly.
okay kauai good luck to all and take care,wait for all waves to come and go.
mock turtle,
We where all Hippies at that age of pushing our new found limits. Was Clinton not pushing the limits? would he today? He was not a silver spoon kid but reached the top of his game. Me? smart maybe, not educated. I see very clearly the mess we are in and the reason I did not play and avoided most of it's faults. I hear it can't be done but I did it as many have. I hear it's to hard. Yep it is. If it is easy it isn't worth doing in my past life. I hear I have been cheated when most blindly jumped in. I comment with my view for which you may not like or maybe not understand. What you view as diversions is what maybe lost details that most don't see or get on a different level. If I am good at anything it has been the study of actions of the common man. The one who will cause more problems form themselves and follow the leader with out thought, then blame others. So why am I here? Education for me. Hopefully different prospective for others. Sebastion serves a great purpose in pushing another direction. Jas and Werner had a purpose also. They made me take an honest look at ones self, even if they where wrong most of the time. Has nothing to do with right or wrong but explore alternatives. This country is dying from group think and that includes the use of links and as verified true facts. Indicators, bias, diversions all factors. The result is if it makes sense and works. Your educated and smart but miss some basic fundamentals of human actions in my view. I lived in a world of extremes. Every job was a win or die losing a customer. Racing was extreme 1 winner a 31 losers. It all adds up to me from a different view. Laughter is pain relief and free. Time to go.
sportsfan wrote in reply to. mt. 11:06 am
mock, you were on the right track.
im not so sure
in looking back at how i mustered a BIG argument to respond to what may have been just an innocuous comment by LBD
i felt that i argued harder than i should have and when
Lobbyist Ben Dover replied with ok you win give me an f...
i felt bad cause in looking back felt i was over the top and
so it was reasonable for LBD to take it personal even tho no bad words were exchanged
thats why i apologized to LBD.... dont know if he saw it
by way of explanation...not excuse...i find myself worrying about this mess way more than is good for me
worried about my kids and everybody else's kids...the future
thinking ive lost my perspective and have become an even bigger fool actin all don quixote and like im some kinda shiznit
Have a good day, folks, and remember . . .
YouTube - Michael Conrad, "Let's be careful out there"
gabyjan wrote:
I was going to go surf fishing at Stinson today. I think I will walk in the redwoods instead, maybe collect a few hedgehog mushrooms.
I said you were on the right track. I didn't say you weren't going too fast for the terrain.
I wouldn't worry about it. Let the small stuff slide. Have a good day.
So an Easter Islander chops down the last tree on his island in order to build his palatial home. A few years later, his son leaves the house to seek his fortune and start a family.
Upon visiting the son, who lived in little more than a pile of rocks covered in dried seaweed, the man was heard to remark how lazy his son's generation was, and how lacking in ambition that he would rather live in a rock pile than a fine wooden home.
Lobbyist Ben Dover wrote
"So why am I here? Education for me. Hopefully different prospective for others. Sebastion serves a great purpose in pushing another direction. Jas and Werner had a purpose also.....This country is dying from group think and that includes the use of links and as verified true facts"
i agree with that and is why i have tried to do the patrick henry like thing (may not agree with what you have to say but fight for your right to say it)
but today i saw myself being rude by arguing too much, i think
im sorry
sportsfan wrote:
Good point, as this is just a difference in who runs the means of production, and is essentially the same.
Anyone paying attention realizes it is the means of production that is the problem.
This is what economist must avoid, or their world comes crashing down.
mock turtle wrote:
the beginning of understanding
umm...those big black clouds coming in from the west are looking ominuous on top of a tsunami warning.......Redwoods sounds much better, I always see more wildlife after the rain or during the rainstorm anyways....gotta love rain ponchos....and lack of foot and bike traffic even better...
creditcriminalslovetarp wrote:
With proper clothing, I'm dry in any conditions, and everyone else is indoors. Maybe a few salmon left in the streams, but a little late for coho now. Steelhead around though.
Mock Turtle,
I don't take any of this personal but feel the need to make clear my level and position is very different then most on here. If I feared educated folks I would have failed long ago. No apology is needed I know I don't clearly get my point accrossed.
adornosghost,
We could use more rain, the salmon and steelhead really could use a break....Was up by Gualala 2 weeks ago and their was good action on steelhead...
tsunami map
http://wcatwc.arh.noaa.gov/2010/02/27/725245/08/ttvu725245-08.jpg
I'm having a hard time reconciling the obvious intelligence and logical training with the generational blame game. Even if it were true, what's the point? And why do I think that the millions of poverty stricken Baby Boomers would think they were exceptions to the general theme. And don't tell me the Greatest Generation had no part in the times. But again, what's the point?
I guess I still hold that individuals are responsible for their actions, and I admit shared responsibility, but I reject the idea of collective guilt by association.
But again, what's the point? So the Boomers were the cause of all your woes, what can you do about it? Or rather, what are you going to do differently than if it weren't the case?
Agronox wrote:
US forested land by decade: http://fia.fs.fed.us/library/briefings-summaries-overviews/docs/ForestFactsMetric.pdf
Best to know your sour grapes before fermenting a fine whine.
February 27, 2010
"The German federal budget is to include a risk provision for Greece, a sign that Berlin may be planning to extend help to the battered Greek state, Earth Times reported Feb. 27. Berlin’s Finance Ministry declined to respond to the story, which the business newspaper Handelsblatt said it would print on March 1. The newspaper quoted government sources, saying the provision was planned in case Germany joined in a bailout."
pavel.chichikov wrote:
And not a pfennig will get further than the German bank vaults. Well maybe not just German but certainly not any to Greece itself. The Fed still won't tell us where the $400b went when it disappeared into Fortress Eurozone so there might be a little cross Atlantic tit-for-tat going down.
There is a fifth dimension beyond that which is known to normal, thinking man. It is a dimension where you can read what I wrote above and not realize that it was a metaphor. It is a dimension where Trenton, New Jersey, is part of New York City.
It is the dimension of the imagination. It is an area which we call the Rob Dawg Zone.
And not a pfennig will get further than the German bank vaults.
Many are anxiously waiting to find out.
creditcriminalslovetarp wrote:
I lived in Pt Arena for a while, and fished the Gualala quite a bit, along with the Garcia. Maybe I'm wander up there next week, if the rivers strart to clear again, but it looks like a wet week.
Rob Dawg wrote:
Tsk tsk, deliberately misconstruing the parable. I would point out that there are houses built of stones that are more than piles of rocks covered with seaweed. Most castles are built of stone IIRC.
Agronox wrote:
I replied with "fermenting a fine whine" and you accuse me of missing a metaphor? Your metaphor sucked. You don't like it when Urban Areas are officially designated by the Census and now you don't like it when the Forest Service doesn't measure forest lands to fit your distorted intergenerational perspectives. Don't lash out at me for your poor choices of supporting data.
LBD
message received
good day
mt
Hoopajoops LTD wrote:
I think calling them problem banks is unkind... I think from now on we need to refer to them as 'special banks'.
Have a nice day.
I wonder how many new banks come into being each month?
And I would ask the Bitterest Generation just exactly which resources and opportunities were left barren, bereft and strip mined out by their predecessors? Since it obviously ain't natural resources that exist in greater abundance and it ain't infrastructure much of which didn't exist prior and it ain't pollution... just what in the hell opportunities have been foreclosed by the Greediest Generation that preceded?
Still waiting. Amazing how hard it becomes when you have to provide specific examples instead of faulty analogies or misapplied metaphors.
The local fishwrap averred that it was a really good thing prices
had gone down 9.5% (approx) because for the last 2 years in
Brevard County, Fla it had gone down more than 10%.
Oh, joy and happiness!
s galore.
For houses of course. Hey, how about a house icon?
And/or a McMansion icon. And/or a hovel icon?
I'm sure that birth death model would be out of wack also.
Liz, pardon the intrusion. We were discussing layoffs yesterday and this morning, at NASA regarding the Shuttle program. Some were asking about your husband and if he is in the line of fire and concerned about it. I am too and thought you would like to know we are all thinking of you both.
No, I have no problem with the Census. I do however have a problem with idiots using that particular Urban Area (when better measures are available) to "prove" that LA is more urbanized than (their perverted, ridiculous version of) New York. And of course these people never disclose that their idea of New York includes everything south up to Trenton because others would realize how ridiculous their point was.
No problem with the Forest Service either. But maybe I should just let this one stand alone. You thought that my Easter Island metaphor was a complaint about US deforestation. Okay.
The Rob Dawg Zone!
Well thanks Nanoo. He'll be 67 in April, so no problem with anything.
Also, there is a scenario, which I don't want to hex by discussing it,
where things get a LOT better for him. He's very busy and there is
a spring in his step. apparently there is a lot of money around and it's
gonna get used in different ways, and you gotta chase your cheese.
If this tsunami turns out to be a major event, it will really cut into Olympic viewership this weekend. Short NBC!
(just thinking ahead)
Agronox wrote:
Better to be called an idiot for using data than prove myself an asshole for refusing to acknowledge it or worse prove myself a petty misanthrope for harboring an internet grudge. I'm comfortable with the results of this exchange and consider it concluded successfully. Moving on.
I took a geography course 30 years ago, where the prof called the urban
concatation, "Boswash".
The German federal budget is to include a risk provision for Greece, a sign that Berlin may be planning to extend help to the battered Greek state
Ahh, I can take tomorrow off. I was wondering what shenanigans would be offered up to spike the markets monday.
It's like watching a train wreck in slow motion.
Hawaii Tsunami Warning Information | Honolulu, Hawaii
lawyerliz wrote:
Having spent time in both cites, New York is a city of neighborhoods generally, while LA is pretty seamless, but changes if one can overlook the noise.
LA is more of a wild card, New York is pleasantly predictable, contrary to the image.
Ted Rall has explained why the govt does no good.http://www.youtube.com/watch?v=MkDQN0j2Oys
Oops.
been listening and i hope its like the girl on kccn said only 3 inchs high ( this was i guess the last tsunami warning.
MITES
Earth has furrowed up her skin,
A wave that spreads across her face,
Feel the fire blushed within
As land and ocean interlace
Fingers clench and then let go,
A knuckle or a wrist bone snaps
Shaking cities to and fro,
And even continents perhaps
The mites that live inside a lash
Must feel the like when someone winks,
The lashes and the eyelids thrash,
And who’s to know what they might think?
But they’re secure inside a lair
Those dwellers on a human hair,
But we who live outside the pores
May tremble in and out of doors
Pavel
February 27, 2010
And as usual, the conclusions you draw from the data in front of you are faulty at best.
Have a pleasant day!
Kauai_Kahuna wrote:
be safe, let us know what's up
I've always felt my legal rituals were not empty.
lawyerliz wrote:
Not as many as there should be. It's a fine time to start a bank with no existing bad loans. Or to start one which has purchased lots of loans at a discount.
Rob Dawg wrote:
Jerry Lewis got it!