Saturday Morning Jibber Jabber

October 31st, 2009 by stacyherbert

Stacy Summary: Morning y’all.

Tags:   122 Comments

122 responses so far ↓

  • Supergeek
    Oct 31, 2009 at 1:42 pm

    @y’all
    before cheese starts to fall off my cracker, gotta say…. italian food… good but… I don’t dine on swine…. pastries…. mmmmhh… french croissants… all butter good ingredients. .. work all night… fill up the shelves gone off 3 hours later… maybe not as easy as it looks… tourists no comment… mashed potatoes… with roast good… americans and wide open spaces… bout right!!!

  • The Man from Glad
    Oct 31, 2009 at 2:54 pm

    @Bonn, Can you think of a use for pearls?

  • frances snoot
    Oct 31, 2009 at 3:32 pm

    @Mep:
    Yes. Halloween. Socialist this year as the candy is bought with food stamps. God Bless Uncle Sam.

  • Dante
    Oct 31, 2009 at 4:20 pm

    I wonder what their hiding?

    Congressman Watt Guts Bill to Audit the Fed

    http://www.zerohedge.com/article/congressman-watt-guts-bill-audit-fed

  • frances snoot
    Oct 31, 2009 at 4:27 pm

    @Dante:
    We know the FED is insolvent; it’s just not time yet for the world to admit it. The time will come: be patient. Once the economy double-dip-dives, IMF will move in to help us with our bankruptcy.

  • The Man from Glad
    Oct 31, 2009 at 4:41 pm

    @Frances, I wonder what currency the IMF would bail the US out with.

  • Mep
    Oct 31, 2009 at 5:00 pm

    @ Frances – Funny, but I highly doubt that anyone who has to rely on food stamps for food would spend them on candy to give away on Halloween.

  • frances snoot
    Oct 31, 2009 at 6:52 pm

    Mep:
    Actually, in my area the practice is quite common. There are many who use the stamps as a supplement to their income, not out of necessity. And sodas and packaged processed items are the mainstay of the purchase power. The local paper had an article bemoaning the ‘going to waste’ of food stamps from the Stimulus funding, and was beating the bushes for people to come forward and apply.

  • frances snoot
    Oct 31, 2009 at 7:18 pm

    @ManfromGlad:
    The 12 Trillion stolen from the public was in dollars, right?
    We are in arrears, IMF soon to set austerity policy.

    THREE HUNDRED BILLION credit line?
    “As a result, the government has handed Citigroup $45 billion under the Troubled Asset Relief Program over the last year. Through the Federal Deposit Insurance Corporation, a major bank regulator, the government has also agreed to back roughly $300 billion in soured assets that sit on Citigroup’s books. Even as other troubled institutions recently curtailed their use of another F.D.I.C. program that backs new debt issued by banks, Citigroup has continued to tap the arrangement.”

    http://www.nytimes.com/2009/11/01/business/economy/01citi.html?_r=2&ref=business

  • The Man from Glad
    Oct 31, 2009 at 7:20 pm

    @Frances, Federal Reserve notes won’t be much help if the Fed goes bankrupt.

  • frances snoot
    Oct 31, 2009 at 7:22 pm

    Yes, but at that point the money was already put to use by the banksters so they have all the position and power. The people can be left with the worthless paper.

    What do you think?

  • Dante
    Oct 31, 2009 at 7:25 pm

    Free money is worthless.

    Cute seminar with history thrown in.

    Recent Items of Interest

    Monday, October 26

    Contrary Opinion Forum, Fall 2009

    Contrary Opinion Forum, Fall 2009 presentation by Walter Deemer, Mark Ungewitter, Kate Welling (interviewer) and John Budden aka Prof Nicholai Kondratieff (died 1938).. 90 mins.

    http://www.deanlebaron.com/

  • The Man from Glad
    Oct 31, 2009 at 8:29 pm

    @Frances, I suspect a lot of these bonuses are going into gold, silver, foreign currencies, real estate and elsewhere more or less outside the dollar. Iceland may be a good illustration of what could happen in the US, but some, like Marc Faber, say it will be worse. USD will be useful for paying off USD denominated debt. Yen denominated debt, and possibly Yuan denominated debt, could turn out to be a millstone around the neck of whoever’s left still paying taxes in the US.

  • gb
    Nov 1, 2009 at 5:35 am

    a repost of Dante’s must read

    October 24, 2009: MEMORANDUM FOR THE PRESIDENT: FROM: Arthur F. Burns; June 3, 1975 – NEW… MUST READ

    http://www.beearly.com/pdfFiles/Burns1975.pdf

  • Pez
    Nov 1, 2009 at 8:57 am

    I am going to open a gold museum. People can look at all the different things that gold can be manufactured into, bars, rings, coins, bathtubs, Mercedes Benzes. I plan to have 99.9% of this gold in my museum. Problem is; what do I charge them if we think currency is going to be worthless? Gold? Silver? How about Diamonds? Geez, I hope you don’t lose your change!

    Oh and credit cards and SDRs not accepted .

  • Random
    Nov 1, 2009 at 3:49 pm

    CIT files for bankrupcy: http://news.bbc.co.uk/2/hi/business/8337136.stm

    Jim Sinclair comments:

    “The so called quick surgical bankruptcy of CIT will result in a company that will only be able to provide 20% of its previous level of financial services to Middle America according to Friday’s Wall Street Journal.

    Any institutions replacing these services will have:

    1. Higher levels of credit worthiness to be met by small business.

    2. Less funds committed to these loans.

    Further, the assets of CIT in bankruptcy are the middle American loans outstanding that will be brutally attacked by the bankruptcy process.

    That is going to result in a flood of middle American businesses declaring bankruptcy.”

    http://jsmineset.com/2009/10/31/cit-to-carpet-bomb-middle-american-business/

  • Giuseppe Bagoshite
    Nov 1, 2009 at 11:50 pm

    I can see shadows of the future…

    When the concept of Fiat Currency ends,
    the only progressive solution will be Technocracy…

    Anything and anyone that doesn’t PRODUCE energy
    will be considered 2nd tier…

    Indolence will predominate society…

    The concept of currency will die…
    only to be replaced by WAR for the sake of population decimation (and augmented P/E ratios)
    http://www.youtube.com/watch?v=twSREBowTwQ

    OR

    a new social order
    based upon the rudiment necessities of survival in a technological age…
    QUALITY IN FUNCTION becomes the rule

    WANTS will become trivial…
    akin to passive artistic creation…
    accessible yet not appeciably capitalized upon…

    To all of you that believe in dollars, gold, or other measurements of financial design…
    You are but philosophical Luddites…
    Jesus had 2000 years
    but even you will find merciless dismission in the NEW WAVE…
    You are hanging on to a veritable corpse
    attached to wires and tubes…
    governed by a machine…
    with buttons and meters
    manipulated and observed by those more myopic than yourself…

    December 21st
    is Frank Zappa’s 72nd B-day,
    D.O.A. day (34th year in Vancouver),
    and the end of Society (according to the Mayans)
    in 2012

    Strap on those tin-foil hats, kids…

    Here’s the first part (of 9, I believe)
    that will teach you the fundamentals of
    TECHNOCRACY
    http://www.youtube.com/watch?v=I9ps5vJrIxM

    Stop clinging on to the past…
    You hippies…

  • The Man from Glad
    Nov 2, 2009 at 3:13 am

    100 TRILLION ZIMBABWE DOLLAR CURRENCY MONEY BANK NOTE
    ** Buy 4 notes & get extra 100 trillion note FREE

    http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=290354273458

  • Max Power
    Nov 2, 2009 at 6:57 am

    ===========
    I can laugh about it seeing as I spent four years trying to explain to people in England that the tap is called the faucet because that’s the name in America. And I got lectured to death for serving mashed potatoes with roast.

    American’s need to realize that the whole world is not their personal space. We are used to wide-open spaces and wide-open words and that’s not the way it is in Europe.
    =============

    In Canada Tap is used, just not as much as Fawcet — one being more basic than the other more upmarket one. The more upmarket one is more common. Water Tap vs Kitchen Fawcet.

    UK / Australia / NZ name reversals

    Potato Mash = Mashed Potatoes
    Macaroni Cheese = Macaroni & Cheese, see “1900 House” UK

    Outright name changes, UK
    Paraffin = Kerosene, the Russian Gasoill vs Benzine is less botched…
    Rubber, to erase not shag with…
    Sticky pins, used on cork boards for memos…
    Tip, for rubbish also NZ and AU on this one…

    College is Years 9-12 in Australasia

    Public vs Private schools do a role reversal in the UK, Normal Schools also in the nomenclature…

    A levels
    B levels and the abandoned
    O levels
    – UK only, but tested globally in the Empire now somewhat redundant

    Americans never get used to this stuff — as with Canada and NZ the French and Maori have different names for these things … and you learn them in grammar school.

    The CEGEP-UNI system in Quebec is very France like … and the schools systems are sorted by religion.

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