Get rid of the government. We have to consider this option eventually. Obama is a SCUMBAG I have a suggestion. People should arrive naked at the airport. It would facilitate the work of these sick perverts satanic scumbags in Washington. In Canada we a have a choice they say, Just to slow them down, ask for the old method.Who is the real terrorist ? Democrats or Republicans, the USA has become a big fascist scumbag empire. What’s next ? Taser bracets on everybody and a burnt bar code on your head ? Seriously. Homeland Security is considering taser bracelets on passengers. When will the people revolt against the shits from the federal government, that parasite ? You start with the airport and soon you implement for everything. Yeah the USA is indeed a terrorist state. Psychological systematic terror to induce obedience to a bunch of fascist crooks operating the Pentagon, the CIA and the FBI. No doubt about it.
…Will commission lead to legislation and criminal prosecution, or just more cathartic theater? Political economist Tom Ferguson and McClatchy Newspapers Economics Correspondent Kevin G. Hall sit down with Real News Network Senior Editor Paul Jay to discuss the opening act of the new US government commission….
The german Piratenpartei performed a naked protest at the Berlin-Tegel airport against the naked body scanners. Check out the video here: http://www.youtube.com/watch?v=0jrgUhOrHFU
Agree Youri, just as long as it’s quick. I hate it when they go and hunt down these amazing creatures after an incident like this. shark attacks should just be accepted as a natural hazard when humans enter the shark’s domain.
In Nature sense it’s an honorable dead. Better than some drunk in a car or the Bush family cause you’ve been messing with their twins. Still not a pretty sight.
Thanks for the link to the great Birgitta Jónsdóttir interview. You can’t help but sympathize with the people of Iceland. It is a complete fraud to make the citizens of Iceland responsible for a private party contract between the banks and the depositors.
I hope Iceland leads the way for the rest of us and stand up to the corruption.
French scientists, now capable of monitoring the behavior of individual bees, are suspecting a pesticide common throughout the world, Fipronil, may be to blame.
Remember? Hedge fund bets millions that gas price will triple
19 August 2009, by Gregory Meyer in New York (The Financial Times) http://tinyurl.com/mctqvr
EU ban on seals forces Canada to export to China 14 January 2010 (CommodityOnline) http://tinyurl.com/yde6yg3
adam, thats the reason most people won’t and haven’t rocked the boat. To protect their familys and children. Got to keep those paychecks coming in. And don’t want the government mad at you.
Folks think were free. WE aren’t. Were all being scrutinized everyday. Do what your told. Been like this for a while. Yet folks think were free. Geez.
nothings gonna change. Peop[le are too bought off now. The pensioners. The folks with money to play the stock market(ala casino). The welfare people are taken care of. The food stamp people are taken care of. Everyones bought off. And the banksters made it that way. They smart. THey know riff raff won’t do anything if their livihood is threatened.
Well that’s true but I do to talk with my fellow man on the street when I have the change and sometimes they surprise me with what they do know. But also often not.
Loads of people here never heard of Climategate but loads of them do know that CO2 is a scam.
And you don’t need 100% for the revolution, 10% of the intellectuals is sufficient. But a lot of them are ignorant MTFs here unfortunately. Hopefully as things get worse more awake.
@snoot @youri I’m pretty sceptical that any of this will ever be resolved; the percentage of people in the world, even in the so-called developed “western” worlds who are even aware of most of the issues that get raised on maxkeiser.com is miniscule.
Just ask the people you interact with and see how many have any idea what you’re talking about. It’s eye-opening.
But I also know my dark side and Oh boy I tell you…… you don’t want to be there. Hopefully that will never be triggered cause that would make look the NWO as beginning boy scouts.
@ Youri- Loved the German scanner protesters. All right everyone, don your Speedos (will this be a future requirement for air travel?) . I somehow think that would keep “Aunt Mabel” (who is…”large”) from flying.
@Will- Willits is over the hills to the north west of me. I am already working on my little garden; I guess one could call it biodynamic. The raised vegetable beds total 36 sq.ft., plus nine fruit trees and an olive tree(oil!). I want two more fruit trees, another olive tree, and to have several chickens. The lots here are 50×100, so by their equation, it would take two lots (=1/4 acre).
Another cornerstone of covered bond regulation at EU level will be the new Capital Requirement Directive (CRD). The CRD is based on a proposal from the Basel Committee on Banking Supervision to revise the supervisory regulations governing the capital adequacy of internationally active banks. The new CRD rules will apply to all credit institutions and investment service providers in the EU.
The European Council formally adopted the CRD on 7 June 2006 and the Directive has been published in the Official Journal (OJ) of the European Union on 30 June 2006 (L177) under reference Directive 2006/48/EC and 2006/49/EC.
“As bleak as Laub’s outlook is, he sees a silver lining for investors who have cash on hand and are willing to wait as long as a decade for bets on U.S. real estate to pay off. “There will be giant opportunities that come out of this,” he says.”
I’d bet that the system (BIS/IMF) has castigated USA and is ripe for EU hegemony. GO TEAM.
If 2009 was the year of the European corporate bond market, perhaps 2010 will be the year of the European covered bond market. Issuance has roared to life this week, with €10.25 billion in seven deals so far including sales for Barclays, BBVA and BNP Paribas, almost matching the €12 billion in the whole of the crisis-stricken first quarter of 2009. These securities, a vital source of bank funding, may benefit further as investors revise their assumptions about government bonds’ risk-free status.
Covered bonds are backed by pools of loans that remain on the originating bank’s balance sheet, giving investors a dual claim both on the bank and the pool. Banks are obliged – often by law – to maintain the quality of the cover pool. As a result, the bonds are often rated triple-A, well above the ratings of the issuing banks. And they have a long track record: There has never been a default on a covered bond, even though the instrument traces its roots back to the 18th century in Germany.
This makes them an ideal source of funding for banks that can no longer rely on government-backed debt schemes – and an attractive proposition for investors, as they offer a yield pick-up. BBVA’s seven-year covered bond sale this week for instance offered around 20 basis points more in yield than a similar Spanish government bond. Fixed-income investors who want to reduce exposure to government bonds due to concerns about runaway deficits may find covered bonds a natural first port of call.
The authorities are backing the market. The European Central Bank sees the market as a key funding source for mortgages and is around halfway through a program to buy €60 billion of covered bonds. The U.K. government is looking to develop the country’s covered bond market, which could help U.K. banks facing the headache of refinancing an estimated $500 billion of wholesale funding by 2012 even as the securitization market remains frozen.
So the big question for 2010 might be the capacity of the covered bond market. Investors will get a good deal of cash back from the market this year: Barclays Capital says redemptions run to €153 billion. Perhaps surprisingly, issuance is pegged about that level too, with Unicredit forecasting €140 billion of new sales; ING sees €160 billion. Given the potential alignment of issuer and investor incentives – and the strong start to the year – covered bond analysts, like their corporate cousins in 2009, might have to raise their supply forecasts sharply.
So, basel is set to make US CMBS a no-go refinance and bad for bank books and tah dah ECB is coming in for the kill on a structured vehicle through the IMF. Nice timing.
The Treasury Department said Thursday it will sell $74 billion in notes and bonds and an additional $10 billion in Treasury-inflation protected securities next week.
The Treasury plans to sell $40 billion in 3-year notes, $21 billion in 10-year notes, and $13 billion in 30-year bonds.
Both the 30-year bonds and the 10-year notes are reopenings.
If enacted, the legislation would designate the Secretary of the Treasury as the “covered bond regulator” and require ongoing oversight. It would set detailed requirements governing the type and quality of assets allowed in the cover pools. The new legislation would also provide for covered bonds that could offer funding for several asset classes that are not presently included in European statutory frameworks.
…
Tim Skeet, head of covered bonds for Bank of America/Merrill Lynch, based in London and a member of the U.S. Covered Bonds Council — the Securities Industry and Financial Markets Association (SIFMA) and the American Securitization Forum (ASF) formed the Council in 2008 — said that a Congressional bill on covered bonds is slated to be introduced sometime in January 2010.
“The real problem over the past year with this bill has been how to find the right people to put it into the agenda when there was so much else to worry about,” according to Skeet.
He also said that the fact that the covered bonds proposal is being revisited means that the government is looking at the crisis as entering the recovery phase.
“It tells us a lot about where they think we are at, and its says that the politicians and the regulators may think we are coming through it,” he said. “The question they are considering is what to do now to bring mortgages back and bring back liquidity, and you don’t get a sense that they are looking at securitization coming back anytime soon. This is an alternative.”
Our findings with respect to CMBS are as follows:
1. At least two thirds of the loans maturing between 2009 and 2018 ($410 billion)
are unlikely to qualify for refinancing at maturity without significant equity
infusions from borrowers. For the 2007 vintage, well in excess of 80% of the
loans are unlikely to qualify.
2. The aggregate equity deficiency (i.e. the additional amount of equity that
borrowers would have to put up in order to qualify to refinance) is at least on
the order of $100 billion.
3. Our (conservative) estimate of maturity default-related losses for fixed rate
CMBS is $50 billion, 6.5% of the aggregate outstanding balance.
4. We estimate that maturity default-related losses will be at least 4.6% for the
2005 vintage, 5.8% for the 2006 vintage and 12.5% for the 2007 vintage.
The Future Refinancing Crisis
in Commercial Real Estate* Richard Parkus
Deutsche Bank
April 2009
Kenneth Laub says the current downturn in commercial real estate will overshadow all of the others. “It won’t be a typical part of a cycle where we’re down for two or three years and things recover,” says Laub.
As in past slumps, the weak U.S. economy is curbing demand for commercial space, increasing vacancies and causing rents and property values to fall. The key difference today is the explosion in debt financing and related derivatives that fueled a run-up in commercial real estate prices in the 2000s, Laub says. That’s left property owners struggling to make mortgage payments. The overhang of debt will delay any recovery, he says.
“It’s not a supply-demand thing; it’s an overleveraged condition,” Laub says.
Our parlement is in a mess because our prime minister said for years there where no issues with Iraq, and now a report came out that is is an Illegal war. Now they have to agree with ‘anti sharia’ Geert Wilders that did not try to be ‘politically correct’ and everybody hates that like Bush for dinner..
That’s what I like about Germans, they don’t talk as much BS as in the Netherlands but actually DO somtin about it!
Same with environmental questions and the use of Sun energy. Here in the Netherlands they talk about it and steel your pockets through NWO politics, in Germany the actually do somtin about it and have a full program putting Sun collectors on any big roof.
I puzzled on timing
Will things carry on or will they crack up quick and all falls apart. I really don’t know. But im quite sure things are not improving outside in the economy… so when? Its this when … lack of incite into it that keeps me addicted to this subject.
@ Ron Ron why you scared lol what’s up?
@ Snoot… “Peak naivety most likely”. cracked me up that comment
The most dangerous thing to be is correct when your government and (kings) are incorrect. Surprise surprise they don’t like it when there wrong…. this is the thing that troubles me!
Anything can happen. But hay in for a penny in for a pound lol
Im safe because im irrelevant, I think!!!
I think I will dust off my butterfly net and write you all a poem!!!
Bet you catch a moth, stead of a butterfly. And I bet you can’t airy write a poem, just sayin’. Stella says ya’z got yur head on backwards and needs to stand with yur ass to the mirror to shave.
@Y’all
GADZOOKS…. the curse of the MAXITES…. DOOMED to worship the parlance of mad women… YET YE STILL so FANNY with your 24/7 Running jokes and your ACCENTS… I LOVE your respect for BRITISH TV humour and archaic grammer … your tribute to ‘the lonely hearts club band’… HUH… I LOVE YOU ALL…. you have all taught me so much…. I think I will dust off my butterfly net and write you all a poem!!!
I ain’t convinced of this peak oil either and think that all the shortages are arranged by the NWO. Bio oil takes the place of food so it’s predictable this will arrange food shortages. That’s no surprise.
Outside oil we’ve got so much coal to make electricity for ages. The sun is everywhere and we have the technology to use it to the max.
When he ran into George H. W. Bush at a pizza place, one man decided to give the former president a piece of his mind.
The man called Bush a “murderous, Zionist piece of shit” responsible for millions of deaths. He added that Bush’s “new world order” would never come to be, an apparent reference to the 1991 State of the Union.
@ronron:
I was planning on using the Denninger essays for fuel to smoke the sparrows: sortof southern-Like. Ratigan t-shirt probably a misnomer: seeing as the rat is rarely seen again liking to skirt under the wainscoting and such-like.
But I like the ideedee of golden platters. Sounds rich.
@SG:
Actually, I was going to ask you for some goggles so that I can see to read your posts cause it is like being at the ocean and looking down from a float with your eyes open and the sight’s supposed to be nice but the salt just keeps stinging the eyes: seen some of those pictures in a book once, supposed to be nice and all.
@Snoot. ron paul has no support and neither does gold. not a lot of ron ron supporters running around with gold. it’s a fucking lark. gold will make me a few bucks soon. it’s always been gold. weird.
Not because of government corruption, Wall Street plundering, or other assorted elite criminality, but because the football coach quit. http://www.youtube.com/watch?v=_zKkcfq3gec
@Snoot. somebody’s rooting for gold and ain’t the little guy?
Tell ya what, ronron. I’ll wear a Ron Paul hat and a Ratigan t-shirt and stuff my canoe full of Denninger’s essays and paddle over to U-Tow-Pee-Uh island where we’alls can have a sparrow-salted pickeynick on golden platters.
Snopes reminds me of the Snopes family of Faulkner: did you read Faulkner? If not, must read is “The Hamlet”:
“You got better sense than to try to sell Flem Snopes anything,” Varner said. “And you sholy aint fool enough by God to buy anything from him, are you?”
“I don’t know,” Ratliff said in that pleasant and unchanged and impenetrable voice out of his spent and sleepless face, still looking at Snopes. “I used to think I was smart, but now I don’t know…”
This guy’s gonna get life for rolling around in his bday suit??
Then why the hell can the the Fed Chairman constantly appear in front of congress naked, unshaven, stinking, urinating on the microphone, defecating on the phony press, without anyone acknowledging this, let alone giving him a stern warning.
@Y’all
FUC K i’ve burnt the dinner… the girls are pissed off with me … and nothing to eat…. SUFFERATION…well I always wanted to live the life of an ARTIST!!!!
regarding Snopes
They actually have about 5 pages on their site that are totally bogus stories that they made up on purpose, and when you read them and follow the links they say “surprise this story is bogus! don’t believe everyting you read just because you think the source is authoritative”
I am a man I only can do one thing at a time. I am listening to AJS with Catherine Austin Fitt now. Reading your post. Tracking your links. Posting on Prison Planet Forum. Making coffee, eating. Get back on your ideas later.
Same for you Snoot, You know how many time I spend tracking all the links in ol posts here in the morning? That’s why two man or woman knows more than one. Together makes strong and good article references. tnx for the SDR articles.
@sg
i like the script(s)
gotta be better than cable,
why not existential island,
shoot the idea over to snoot,
frances had a great script, Kesierville,
set in a mid-west post-walmart ghost town,
I like the setting of the residential hotel as well,
as long as frank hope is the mayor i’m all in,
Frank?
Thanks for the snopes/Jefferson sitings. Hmmm … Maybe life is made up of tales. Thing I see, peoples were set up by the banks, peoples are being broken by the banks. Whether Jefferson was a myth or a man, my fuckin neighbors and freinds still be screwed by bank policy. They ain’t for the good of the peoples, THAT I know is real.
@SG It would make a great series a little like Hotel Babylon.
Also some time ago you linked some Ian Dury stuff, due to time differences & work I couldn’t respond, but he was an absolute wonderful guy, I worked with him on one of his last shows, a truly amazing man…
The bill of rights is not a list of our rights, it was a list of rules for the govt. that was created. These rules were to be applied to the govt. not the people, but this has all been turned around. Now we are told that air travel is a privledge doled out by the govt.
We are told that a unitary execuetive can disregard the rule of law as they see fit. This trend of lawlessness is designed to trickle down.
@Y’all
Fuck It… I’ve thrown that script on the burning tyres… I can do better… sorry but I’ve just got in… let me go back and read the comments… HEY I know a show called ‘The Existentialists’ about a group of ex nazis hiding in the jungle waaiting to be caught fot their crimes who idle away the days talking shit while waiting for the… OH what the FUCK do I know I haven’t owned a TV in over twenty years and I can’t spell for TOFEEE!!!!
@ norcalkid
right on norcal brother,
i miss laugh-in too, although i was too young to get most of the jokes, i can remember my parents laughing their asses off, which was always nice.
The antiwar mash series has been replace by 24.
The Smothers Brothers introduced george carlin to the country after he was blacklisted in vegas. All in the family, the jeffersons,
chico and the man, sanford and son, all had a message, all dealt with current issues. Modern tv has been puposely made flippant, thin, vaccuous, and totaly disconnected from current events, even funny shows like seinfeld never touched current politics.
Deninger: And he’s right on here. This is what the big media is trying to hide.
“These banksters and their accomplices have destroyed the economic lives and futures of tens of millions of Americans and yet they are all, to date, walking free among us and enjoying billions in bonuses!”
@Y’all
HEY I just thought of a script based on this website called ‘FREAKSHOW’. The main characters all live in the same hotel… lots of liberal stuff and contempory issues to appeal to a modern liberal ‘hip’ crowd… A BIT LIKE THE WALTONS… but not so dark… first off this guy that bites the heads of chickens… ME… and there will be these revolutionary middle class couple who buy gold and continually talk about RISINg UP from their bondage and ‘black up’ before their dinner party guests arrive… and a well spoken rasta’s, a bit like BENSON….. also there will be a boy who builds ‘Time Machines’ in his bedroom because he is too paranoid to face reality… and a man who runs a brothel in the basement who spends most of his time hating people who LOVE and is secretly a serial killer… two DEEPLY DEPRESSED obese twins ‘TheDD’s'… lots of OCD types and a few mathmatical geniuses without any social skills… a concierge called Condalisa stuck behind a desk who dreams of being a scriptwriter… plus the obligatory immigrant cleaner who everyone dumps on while they dispensce pearls of wisdom at the end of every show for the SOULESS audience… its all just of the top of my head at the moment… oops hold up I’m getting a phone call… liven up Y’all WE GOT A DEAL!!! HBO? Fuck em’…. we can do better than that!!!!!!!!!!!!!!!!
“The Yuan, also known as the renminbi, could be added in a “while,” in the basket of currencies to fix the value of SDR, Strauss-Kahn said at a press briefing in Beijing today. The move would require the currency to be market-based, he said. ”
Outside of the small Northern California town of
Willits, is the Ecology Action Center. On a small piece of
land on a dry hillside covered with sparse oak trees, John
Jeavons, Carol Cox and others have solved the world food
problem. Groups come from all over the planet to learn their
biointensive gardening method. They come to learn how to
grow a garden on 1,000 square feet that will feed one person
forever, while also growing sufficient compost to replenish
the soil fertility – on that same space.
This is it. This is an answer to the world food problem. The fact that this exists and is known about by world leaders
helps us sharpen our social, political and economic analytical
skills as to why this has not been already implemented
across the world.
**Important information not likely to be covered by many**
Olli Rehn…European EU Commissioner for Enlargement.. says he feels like “grilled chicken” when talking to the press after his EU Hearing at the European Parliament on Tuesday. Rehn admitted to feeling like a chicken who has been grilled after emerging from a hearing with MEPs in the Committee on Economic and Monetary Affairs (ECON), on 11 January. Greeces burgeoning budget deficit was high on the minds of the deputies, despite Rehns best efforts to change the subject. It is not the only country which has unsustainable public finances, he said, fighting off suggestions that the eurozone could be brought down by the Greek shortfall, which measured 12.7% of GDP in 2009, the highest in the EU and more than four times the blocs 3% limit. Public debt in the country was also up to 113% of GDP, twice the 60% limit set out in the Stability and Growth Pact. The problem in Greece concerning the excessive deficit and rapidly rising public debt is a serious one, especially for Greek citizens and taxpayers, he told Robert Goebbels (S&D, Luxembourg). Of course, it has got spillover effects for the whole eurozone, but it is not so serious yet that it would threaten the stability of the eurozone.
Yep, use to watch MASH a lot, that was good indeed. there were some good Humor sitcoms out there, All in the Family, Family Ties. I am a fan of Chevy Chase. Like to see him back on the silver screen.
cspan went from finance hearings to terror mongers talkin’ about who deserves the rights of our court system, no-fly lists, profiling, typical ‘them vs us’ propaganda to keep the slaves proud of their imprisonment.
President Obama Signs Executive Order Establishing Council of Governors http://tinyurl.com/yccklem
“The Council will be reviewing such matters as involving the National Guard of the various States; homeland defense; civil support; synchronization and integration of State and Federal military activities in the United States; and other matters of mutual interest pertaining to National Guard, homeland defense, and civil support activities.”
@ alister
Those fundedmentalist think tankers can’t even wipe the smirk of their face as they explain how most people don’t understand the bonuses. Funny how these experts continue to be dead wrong, yet the funding keeps flowing into their tanks.
re: US humor- Many of you are probably not old enough to remember Laugh-In and the Smothers Brothers shows (late 1960s). Now the networks would never let programs like that in prime time. Also MASH in the 70s had lots of humor. Since then, nada.
@Dedo- Late hubby worked for WorldCom… they could not manage their way out of a wet paper sack. -I- could do a better job than the bastards running GS et al. But I am not a dishonest psychopath and would never get the job. F*** them, and their lackeys. Torches and Pitchforks, comrades!
Birgitta Jónsdóttir, a leading member of the Icelandic parliament who has called for the country to declare a debt moratorium and stop attempting to pay the $6 billion which the British and Netherlands governments are seeking to extort from Iceland with the help of the International Monetary Fund and the European Commission in Brussels.
Catherine Austin Fitts, the president of Solari, Inc., the publisher of The Solari Report, managing member of Solari Investment Advisory Services, and the former Assistant Secretary of Housing and Federal Housing Commissioner at the United States Department of Housing and Urban Development in the first Bush Administration
@Youri Carma – I don’t usually buy DVDs, but they started releasing the complete series of AYBS. I bought them thinking they would be cringe worthy, but they were still very funny. Most of them are brown bread now sadly.
So much good British comedy. I’m quite partial to the Royale Family. Caroline Aherne is very funny. I liked Mrs Merton. So tell me Debbie what was it that first attracted you to the multi-millionaire Paul Daniels?
There was a time when we all walked around the house starkers. Mum, Da, bro and myself. It seemed to change over time as we moved to a more urban environments and definately when we returned to Kanuckistan from Liberia. Pretty sad state of affaires. While I agree it is not for everyone. I wonder if these anti-nudes are the same types who wear clothing over their bathing suits. The same types who get freaked out when they see a woman’s breast while she is breast feeding.
“CMBS players are also weighing the potential impact of pending changes in accounting rules. Under FAS 166 and 167, which take effect at yearend, the Financial Accounting Standards Board is making it harder for lenders to move securitized assets off their balance sheets. In many cases, they will be forced to retain securitized assets on their books, thereby increasing their capital requirements.”
The capital requirements will need to be met this year to salvage banks before mid 2011 (delayed implementation of FAS166/167). Talf ends in March (so far this is the date).
@youri
blackadder,
red dwarf,
seems all that pomp and pagentry in the UK leads to great punchlines! not that we’re not that funny in the states, oh we are, just not on tv, seems it’s not allowed, unless it’s a cartoon,
Ron Paul is giving a rebuttal to the blankfien monologues on bloomberg. He sure is getting air time, did you see him in sacha cohen’s bruno? strange days indeed.
@Marietta:
Are you sure they said Basel II? Basel I allowed the leverage. Dimon meant cheap money made fuel easier to come by.
“Analysis: New proposals that would govern international banking were unveiled shortly before Christmas by the Basel Committee on Banking Supervision (Financial Times story here). Patience Wheatcroft of the Wall Street Journal writes of Basel II that it is “the full Taliban approach,” compared with Basel I’s more liberal bikini stylings. Check out the amazing picture that our WSJ colleagues found to illustrate her point.”
I guess it’d be like being allowed to wear your bikini to work under basel 1 and then suddenly (well, actually the first round of basel 2 was in 2007/European banks) basel 2 arrives (for real, not just a threat) and you freeze to death.
The problem we have here is that our entire economy was ponzi-based (cept for the war machine end) and the basel affect on securitization with the end of talf will be gnarly.
The big banks are under IRB (they get to internally rate) the smaller ones under standard rating (they get to trust in Sheila Bair and the ratings agencies). So the advan is always in the polo circle.
Ohh! Forgot about Benny Hill, Alas Smith and Jones, Not the Nine O’Clock News, Blackadder, Mr. Bean, Absolutely Fabulous, French and Saunders, Little Britain.
@frances
During the financial crisis hearing banksters were asked if SEC regulation caused increase in leverage in 2004 due to application of Basil II. Is this true?
Dimon said it didn’t . he thought it was low interest rates.
I regard English humor far superior over American. I’ve been raised with English humor. Are you’ve been served , Dad’s Army, Frank Spencer later Monty Python and The Young Ones.
Many great shows there, add in The Day Today and Brass Eye, both involving Chris Morris.
One very under-rated sit-com (they’re so unfashionable) is The Brittas Empire, with Chris Barrie (from Red Dwarf). It’s about the insanity of working for an incompetent manager.
OMEGA BLOCK – A huge, slow moving upper level ridge shaped like a Greek letter Omega. They are very hard to get rid of and usually block weather systems from moving through, sometimes for weeks.
(A normally occurring weather pattern in the atmosphere which has absolutely nothing to do with melting icebergs, polar bears, Al Gore, the gulf stream, or whistling dolphins.)
@ youri
League of Gentlemen is from the ninetie I believe, lots of blood guts and cannabalism, brits love to have fun with thatr topic,
do you remeber a show called the moonies or somethin like that, used to come on after monty python on pbs, in my youth.
its like this. The banksters with all the trillions they’ve stolen thanks to their bought off politicans can buy bigger yaughts and bigger homes. While the average person gets food stamps and welfare checks. Lifes great.
am I the only person who thinks these airport shenanigans are all about ‘demand destruction’? If I travel from France to UK by car, lorry, train or boat, I do not have to go through any of this ‘security’ rubbish. I could have a car full of explosives and I would be waved through on a wet friday night…..
I’m finding it hard to reconcile a lifetime of ‘America the great’ propaganda, with this whining pissclam Blankchek,
Cspan is getting me more worked up than my punk rock.
This guy couldn’t compete with a girlscout cookie sale.
Just give me 30 seconds with this bald piddler, and I’d explain too big to fail in graphic detail. My 8 year old nephew comes up with better ‘stories’.
Was thinking “did I forget to mention an English sitcom” and of cause, how could I forget my favored one “Faulty Towers”!!! Still makes me laugh enormously.
There is one exception “Seinfeld”. This is really brilliant humor. Donnow if that’s typical Jewish but I know a lot of the Humor in Europe was made by Jewish people in the Netherlands and also in Germany.
Think “Keeping up appearances” is so, so and stretched too long in it’s humor. Donnow “league of gentlemen” is after my time i think.
Hey Dedo, here is a quote from Thomas Jefferson. This was not written yesterday. One has to understand history to be an effective leader. I criticize bankers based on info from research. Anyway this is a quote from an historical icon … sound familiar?
“If the American people ever allow private banks
to control the issue of their money,
first by inflation and then by deflation,
the banks and corporations that will
grow up around them (around the banks),
will deprive the people of their property
until their children will wake up homeless
on the continent their fathers conquered.”
@ dedo ‘I challenge any one on this forum to be in their position, and do anything differently.’
This is taken care of in college, no one would be given one of these super sovereign postions unless they have proven loyalty to the cause, even then most are blackmailed to ensure their loyalty. I can only imagine the pix they have of these lackies.
I would fail your challenge simply because I wouldn’t be offered the job. I think lots of people would have handled it differently, had they been allowed to do so.
You will strip only when they tell you to strip.
@youri
Faulty Towers, league of gentlemen, keeping up appearences,
I often wondered why british sitcoms were so much better than the grade school dreck we get in the US. Must be a more sophisticated audience, might also be connected to the fact that the brits still own their airwaves, in the us we gave them away so we could rent them back from comcast for $100+ a month to have the pleasure of watching paid programing. I appreciate the british ability to truely mock themselves, we could use some of that humility in the states, otherwise I just watch the jokers on cspan and bloomberg. Maybe blankfiend can get his own comedy show, we’ll call it ‘who knew?’ or ‘Everyone else was doin’ it’
I don’t agree the bankers are scum!
I challenge any one on this forum to be in their position, and do anything differently.
People tend to only rant from one perspective, which is quite naive IMO.
It tends to suggest a personal agenda,…ring any bells?
marietta, have the banksters finally come clean and just out and out said they stole those trillions coming and going with the system they’ve set up to fleece the public.
I worked at a warehouse myself for a while and recognized a lot from the TV series “Are you’ve been served” also about the homosexual types. I always use to buy a Snicker and ask the gay guy ” He give me one of your big black ones” and he would start blushing. Ahaah!
Dimon just stated “we know there are financial crises every 5-7 years so we shouldn’t be surprised”
Blech!
He just said his brother has a PhD in physics . Looks like the brains were not evenly distributed in that gene pool.
They’re back.
Blankfein was asked if off balance sheet risks imploded the banks why did they repeat the mistakes of ENron. Didn’t really have an answer
I regard English humor far superior over American. I’ve been raised with English humor. Are you’ve been served , Dad’s Army, Frank Spencer later Monty Python and The Young Ones.
Strangely enough this is the first time I hear and see these ‘Carry On’ films. Seems to me that they must have Inspirited the first Tirolean Sex moves from Germany.
Kondratiev”Kondratieff waves”, in honor of the economist who first noticed them. In the 1950s we are currently at the turning-point of the 5th
* The Industrial Revolution—1771
* The Age of Steam and Railways—1829
* The Age of Steel, Electricity and Heavy Engineering—1875
* The Age of Oil, the Automobile and Mass Production—1908
* The Age of Information and Telecommunications—1971
The rambler should have opened a chain of nudist colonies, in jail he may have to deal with with a lot of wood peckers. He could have called his franchise “Arbor of the Moons Enchantment”.
that one inch punch is great and all, but I don’t see how you get around the whole “prisoner’s dilemma” issue. Eventually the banks will be de-capitalized, but the market will make that determination spontaneously.
So far, no one beats Stacy’s opener. I ain’t going thru no full-body scan any more often than I plan to stick my head in a microwave oven.
@TsarCaustic- Yes, throughout the British Crown Colonies–prison campgrounds all–the ‘threat’ of a real public referendum is quite literally the only chance those subjects have for a real view of freedom. ..Note also that the Americans don’t even comprehend the term.
WTF? So what if the guy wants to walk naked? If anything we should encourage more nakedness in a society that is obsessed with secrecy, not to mention that you would probably see a drop in fatness. Man, people sure are fat in 2010…
WTF? So what if the guy wants to walk naked? If anything we should encourage more nakedness in a society that is obsessed with secrecy, not to mention that you would probably see a drop in fatness. Man, people sure are fat in 2010…
The difference is the government must be obeyed. It’s not like they are there to represent you or anything. If they want you to strip then you must. They own you. Choosing to do something through free will should be against the law. It’s dangerous.
The See Shepherd is in trouble, like Stacey & Max said the fancy speed boat got destroyed. At this point is best they blow up the whale the Japanese are hunting, it is the humane way, better than harpoon to a slow death, and no meat for anybody! just a quick senseless death like so many around the world.
JayDnis, it is safer to buy physical gold for in your sweaty palm. There is less than an ounce of refined gold for every living person. If everyone who cared and could, bought just one ounce it would hit the market hard. That’s my opinion anyways.
Yeah, good comparison Stacy. On the one hand they’re saying the human body is shameful, and on the other, demanding to see them. I don’t want to see old people naked, but to make that illegal is absurd. What’s next? Rounding up the houseless because they’re an affront to the senses, and dumping them in the ocean? Oh yeah, they’re supposed to grind them up and feed em to prisoners. The houseless special.
Max said in his closing statement in On The Edge that anyone worried about US Marines invading their country should buy gold. A sharp rise in the price of gold could qualify as what Max called the One Inch Punch made famous by Bruce Lee.
I think everyone in the anti-war movement and everyone who just wants to make money shoud buy gold on options expiration date. JP Morgan, Goldman Sachs the Treasury and the FED will be shorting gold trying to bring the price of gold down to minimize their losses. But, if we all buy gold during those last couple of trading days, we will maximize their losses. They are no longer paying for their losses with borrowed money. They are paying for it with money the Federal Reserve printed. It will not take long for the market to figure out that options expiration date is the best time to buy.
Neither the dollar nor the American Empire will not last long.
Reminds me of the joke of the guy that asks the police officer how much the fine is for insulting an officer on duty..50 bucks he answers..So he’s 50 bucks you motherfacking piece of nazi!
No one sees a proper naked body or a semi-naked body and thus no one really knows what normal body looks like. All we see every day is photo shopped über beautiful girls and boys at their best age in movies and magazines and so we imagine that those are the norm making your own body a hideous one, better hide it.
@Max is correct
There is something about the Public School system in the UK that makes the naked body very shocking to those who went thought it.
I bet that Scottish Judge has been through it lol Prudish what wrong, you can tell he know suicide bomber lol
I was bright enough not to need a public school to get to a good uni.. but I did go to a Grammar School and can identify with there problem.. he he he although it did not bother me after Rugby.
Good for the marine ….keep it up lol
Carry on up the Khyber… I new that was the solution.
I cant wait for the porn pics the hit the net..
Scanned pics of Presidents and Prime Ministers with little wheeners lol along with the silicone plastic surgery items of the great and good lol
@Mike It’s great how the politicians think it’s “urgent” because if the referendum (also known as “the will of the people”) is allowed to happen, it could bring down the government, forcing all of the politicians to go home
@Stacy – you are confused.
The change is in the jetsream (airborne), not the gulfstream.
This is evidenced by the rapid rebound in temperatures (e.g. in Cornwall today), as the jetstream meanders further north again.
Get rid of the government. We have to consider this option eventually. Obama is a SCUMBAG I have a suggestion. People should arrive naked at the airport. It would facilitate the work of these sick perverts satanic scumbags in Washington. In Canada we a have a choice they say, Just to slow them down, ask for the old method.Who is the real terrorist ? Democrats or Republicans, the USA has become a big fascist scumbag empire. What’s next ? Taser bracets on everybody and a burnt bar code on your head ? Seriously. Homeland Security is considering taser bracelets on passengers. When will the people revolt against the shits from the federal government, that parasite ? You start with the airport and soon you implement for everything. Yeah the USA is indeed a terrorist state. Psychological systematic terror to induce obedience to a bunch of fascist crooks operating the Pentagon, the CIA and the FBI. No doubt about it.
Scanners are not the solution.
http://joshfulton.blogspot.com/2010/01/scanners-arent-solution.html
Financial crisis inquiry begins
…Will commission lead to legislation and criminal prosecution, or just more cathartic theater? Political economist Tom Ferguson and McClatchy Newspapers Economics Correspondent Kevin G. Hall sit down with Real News Network Senior Editor Paul Jay to discuss the opening act of the new US government commission….
http://www.youtube.com/watch?v=1rzo3Axz5lY&feature=sub
Science has a positive message today:
” The probability of finding love in the UK is only about 100 times better than the probability of finding intelligent life in our galaxy.”
http://tinyurl.com/yhlzevx
Does this mean that all women that love you are intelligent ? That doesn’t make sense..
… see http://www.bildblog.de/14866/kehraus-2009/ … when you run a GIMP/Photoshop inverter through the scan, the “victim” polishes up in all their glory!!
GM crops cause significant kindey, liver, spleen and blood abnormalities http://tinyurl.com/ycjxm79
The german Piratenpartei performed a naked protest at the Berlin-Tegel airport against the naked body scanners. Check out the video here: http://www.youtube.com/watch?v=0jrgUhOrHFU
Agree Youri, just as long as it’s quick. I hate it when they go and hunt down these amazing creatures after an incident like this. shark attacks should just be accepted as a natural hazard when humans enter the shark’s domain.
Did y’all see this one?
Sarah Palin in Teabagger regalia:
http://www.pensitoreview.com/2010/01/08/tea-bag-party-to-hold-first-convention-palin-reportedy-being-paid-100k-to-speak/
@BondiBhoy
In Nature sense it’s an honorable dead. Better than some drunk in a car or the Bush family cause you’ve been messing with their twins. Still not a pretty sight.
Monsanto et al. are going to get even more worried . . . ABC is getting ready to launch a Food Revolution reality show.
Speaking of revolution, here is a link to a (socialist?) book on ecological revolution. And, no, not all sociologists are socialists.
Killer Shark Attack Witnessed On Twitter
http://news.sky.com/skynews/Home/World-News/Shark-Attack-Cape-Town-South-Africa-Twitter-User-Reports-Death-Of-Zimbabwean-Tourist/Article/201001215521908?lpos=World_News_Top_Stories_Header_1&lid=ARTICLE_15521908_Shark_Attack%2C_Cape_Town%2C_South_Africa%3A_Twitter_User_Reports_Death_Of_Zimbabwean_Tourist
@Adam C
Thanks for the link to the great Birgitta Jónsdóttir interview. You can’t help but sympathize with the people of Iceland. It is a complete fraud to make the citizens of Iceland responsible for a private party contract between the banks and the depositors.
I hope Iceland leads the way for the rest of us and stand up to the corruption.
Monsanto … http://www.youtube.com/watch?v=FZ5OxdIq5DY&feature=related
Monsanto wants it all, control all the food, seed, we are fucked.
Monsanto’s GMO Corn Linked To Organ Failure, Study Reveals http://tinyurl.com/ycjxm79
Pelosi is soooo fucked up, she should be strung up, tarred and fuckin feathered … She is the wicked witch from the wizard of oz.
http://www.youtube.com/watch?v=A6_xgKWzhRw&feature=player_embedded#
French scientists, now capable of monitoring the behavior of individual bees, are suspecting a pesticide common throughout the world, Fipronil, may be to blame.
Bees Equiped With Microchips Help Explain Hive Declines http://tinyurl.com/yeyjr3l
BlackRock report: ETF Assets Top $1 Trillion http://tinyurl.com/ycenrct
http://subrealism.blogspot.com/2010/01/oliver-stones-secret-history-of-america.html
“everybody must get stoned”…
Remember? Hedge fund bets millions that gas price will triple
19 August 2009, by Gregory Meyer in New York (The Financial Times) http://tinyurl.com/mctqvr
EU ban on seals forces Canada to export to China 14 January 2010 (CommodityOnline) http://tinyurl.com/yde6yg3
adam, thats the reason most people won’t and haven’t rocked the boat. To protect their familys and children. Got to keep those paychecks coming in. And don’t want the government mad at you.
Folks think were free. WE aren’t. Were all being scrutinized everyday. Do what your told. Been like this for a while. Yet folks think were free. Geez.
@jon
Don’t forget that some people have kids.
There’s still their future to fight for.
Birgitta Jónsdóttir on Alex Jones Tv 1/4: Iceland Takes on The Nwo with The Spirit of 1776
http://www.youtube.com/watch?v=wca0-2HGu-I
If everybody’s in on it, who’s losing.
China eager to buy IMF gold for $1,000 per ounce http://tinyurl.com/ycp36pu
Another scam? Chapman said the IMF gold was never delivered to India.
nothings gonna change. Peop[le are too bought off now. The pensioners. The folks with money to play the stock market(ala casino). The welfare people are taken care of. The food stamp people are taken care of. Everyones bought off. And the banksters made it that way. They smart. THey know riff raff won’t do anything if their livihood is threatened.
My brother did that same walk with his partner back around year 2000, but not nude like these crazy ones.
Newest from Bob chapman: More Market Infintalism, High Unemployment, Shrinkage http://tinyurl.com/ybnpc68
@Tsar Caustic
Well that’s true but I do to talk with my fellow man on the street when I have the change and sometimes they surprise me with what they do know. But also often not.
Loads of people here never heard of Climategate but loads of them do know that CO2 is a scam.
And you don’t need 100% for the revolution, 10% of the intellectuals is sufficient. But a lot of them are ignorant MTFs here unfortunately. Hopefully as things get worse more awake.
thankx Youri for the link ;^I
@snoot @youri I’m pretty sceptical that any of this will ever be resolved; the percentage of people in the world, even in the so-called developed “western” worlds who are even aware of most of the issues that get raised on maxkeiser.com is miniscule.
Just ask the people you interact with and see how many have any idea what you’re talking about. It’s eye-opening.
lmao
@Youri:
What I meant by ‘beginning’ is that the choices we will be required to make are new and only just beginning to be painful.
@@frances snoot
But I also know my dark side and Oh boy I tell you…… you don’t want to be there. Hopefully that will never be triggered cause that would make look the NWO as beginning boy scouts.
@frances snoot
Yeah, cause my personality doesn’t allow non-integrity so I can’t be any different even if I wanted to. It seems to be part of being me.
Alex Jones Show 01-13-10 Commercial Free 32K/64K
http://www.archive.org/details/AlexJonesRadioShow-January132010
@Youri:
We won’t partake of their crimes, will we, Youri? We will show compassion. We will have integrity. We will be the beginning of the resistance.
“Al-Qaeda threat a US bluff” http://tinyurl.com/y9us9n2
NoCalKid – Nice! I wanna stop by there late this month’as it sounds like I could learn a lot.
@frances snoot
You are angry at the American press and rightfully so but can you imagine how angry I am at the Dutch press. Their completely delusional.
Everybody gets a GPS tracker installed in his car to Tax for every mile while we already have a very high mileage Tax on Gasoline!!!!?
And look at the Dutch State of Mind! http://tinyurl.com/yab7vus “They get mileage Tax” it says in the txt baloon.
This country is completely gone!
@ Youri- Loved the German scanner protesters. All right everyone, don your Speedos (will this be a future requirement for air travel?) . I somehow think that would keep “Aunt Mabel” (who is…”large”) from flying.
@Will- Willits is over the hills to the north west of me. I am already working on my little garden; I guess one could call it biodynamic. The raised vegetable beds total 36 sq.ft., plus nine fruit trees and an olive tree(oil!). I want two more fruit trees, another olive tree, and to have several chickens. The lots here are 50×100, so by their equation, it would take two lots (=1/4 acre).
Is China’s tightening move a milestone in monetary policy? http://tinyurl.com/yc649dp
Hong Kong, China shares drop after People’s Bank of China tightened monetary policy http://tinyurl.com/yl33pwy
Yes, and the refinancing/dud securitization market fix will take out ABS as well.
But it is their game board. They just moved the board to a different location: I mean all just and fair and all.
It’s the American press that has me thoroughly angry.
China regulator directs banks to halt mortgage commissions http://tinyurl.com/yc3f9a4
‘investors who have cash on hand and are willing to wait as long as a decade for bets on U.S. real estate to pay off’
that bonus cash is going to come in handy
Another cornerstone of covered bond regulation at EU level will be the new Capital Requirement Directive (CRD). The CRD is based on a proposal from the Basel Committee on Banking Supervision to revise the supervisory regulations governing the capital adequacy of internationally active banks. The new CRD rules will apply to all credit institutions and investment service providers in the EU.
The European Council formally adopted the CRD on 7 June 2006 and the Directive has been published in the Official Journal (OJ) of the European Union on 30 June 2006 (L177) under reference Directive 2006/48/EC and 2006/49/EC.
http://ecbc.hypo.org/Content/Default.asp?PageID=311
“As bleak as Laub’s outlook is, he sees a silver lining for investors who have cash on hand and are willing to wait as long as a decade for bets on U.S. real estate to pay off. “There will be giant opportunities that come out of this,” he says.”
I’d bet that the system (BIS/IMF) has castigated USA and is ripe for EU hegemony. GO TEAM.
GlaxoSmithKline needs another Pandemic! Credit Suisse downgrades GlaxoSmithKline http://tinyurl.com/ylqlgxy
These people are sick!
“However, emerging CONCERNS that pandemic flu potential has been overstated could limit earnings growth to 0% at best ….”
Freakin disgusting: Go Denninger?!!!
If 2009 was the year of the European corporate bond market, perhaps 2010 will be the year of the European covered bond market. Issuance has roared to life this week, with €10.25 billion in seven deals so far including sales for Barclays, BBVA and BNP Paribas, almost matching the €12 billion in the whole of the crisis-stricken first quarter of 2009. These securities, a vital source of bank funding, may benefit further as investors revise their assumptions about government bonds’ risk-free status.
Covered bonds are backed by pools of loans that remain on the originating bank’s balance sheet, giving investors a dual claim both on the bank and the pool. Banks are obliged – often by law – to maintain the quality of the cover pool. As a result, the bonds are often rated triple-A, well above the ratings of the issuing banks. And they have a long track record: There has never been a default on a covered bond, even though the instrument traces its roots back to the 18th century in Germany.
This makes them an ideal source of funding for banks that can no longer rely on government-backed debt schemes – and an attractive proposition for investors, as they offer a yield pick-up. BBVA’s seven-year covered bond sale this week for instance offered around 20 basis points more in yield than a similar Spanish government bond. Fixed-income investors who want to reduce exposure to government bonds due to concerns about runaway deficits may find covered bonds a natural first port of call.
The authorities are backing the market. The European Central Bank sees the market as a key funding source for mortgages and is around halfway through a program to buy €60 billion of covered bonds. The U.K. government is looking to develop the country’s covered bond market, which could help U.K. banks facing the headache of refinancing an estimated $500 billion of wholesale funding by 2012 even as the securitization market remains frozen.
So the big question for 2010 might be the capacity of the covered bond market. Investors will get a good deal of cash back from the market this year: Barclays Capital says redemptions run to €153 billion. Perhaps surprisingly, issuance is pegged about that level too, with Unicredit forecasting €140 billion of new sales; ING sees €160 billion. Given the potential alignment of issuer and investor incentives – and the strong start to the year – covered bond analysts, like their corporate cousins in 2009, might have to raise their supply forecasts sharply.
Write to Richard Barley at [email protected]
http://online.wsj.com/article/SB10001424052748703481004574646001320191782.html
So, basel is set to make US CMBS a no-go refinance and bad for bank books and tah dah ECB is coming in for the kill on a structured vehicle through the IMF. Nice timing.
http://online.wsj.com/article/SB10001424052748703481004574646001320191782.html?mod=WSJ_Markets_section_Heard
natural disaster stats, ….. well done ….. for all you statheads
http://en.wikipedia.org/wiki/List_of_natural_disasters_by_death_toll
The Treasury Department said Thursday it will sell $74 billion in notes and bonds and an additional $10 billion in Treasury-inflation protected securities next week.
The Treasury plans to sell $40 billion in 3-year notes, $21 billion in 10-year notes, and $13 billion in 30-year bonds.
Both the 30-year bonds and the 10-year notes are reopenings.
Treasury to sell $74 bln in notes, bonds next week – 7 January 2010 http://tinyurl.com/yjpnf8v
Treasury sells $40 bln in 3-year notes at 1.490% – 12 January 2010 http://tinyurl.com/yan48bd
Treasury sells $21 bln of 10-year debt at 3.754% – 13 January 2010 http://tinyurl.com/y8k7y2f
If enacted, the legislation would designate the Secretary of the Treasury as the “covered bond regulator” and require ongoing oversight. It would set detailed requirements governing the type and quality of assets allowed in the cover pools. The new legislation would also provide for covered bonds that could offer funding for several asset classes that are not presently included in European statutory frameworks.
…
Tim Skeet, head of covered bonds for Bank of America/Merrill Lynch, based in London and a member of the U.S. Covered Bonds Council — the Securities Industry and Financial Markets Association (SIFMA) and the American Securitization Forum (ASF) formed the Council in 2008 — said that a Congressional bill on covered bonds is slated to be introduced sometime in January 2010.
“The real problem over the past year with this bill has been how to find the right people to put it into the agenda when there was so much else to worry about,” according to Skeet.
He also said that the fact that the covered bonds proposal is being revisited means that the government is looking at the crisis as entering the recovery phase.
“It tells us a lot about where they think we are at, and its says that the politicians and the regulators may think we are coming through it,” he said. “The question they are considering is what to do now to bring mortgages back and bring back liquidity, and you don’t get a sense that they are looking at securitization coming back anytime soon. This is an alternative.”
http://www.housingwire.com/2010/01/08/covered-bonds-break-cloud-cover/
Total control through the IMF (treasury).
U.S. runs $91.8 bill deficit in December the 15th straight month of shortfalls 13 January 2010 (MarketWatch) http://tinyurl.com/y87fjpb
Our findings with respect to CMBS are as follows:
1. At least two thirds of the loans maturing between 2009 and 2018 ($410 billion)
are unlikely to qualify for refinancing at maturity without significant equity
infusions from borrowers. For the 2007 vintage, well in excess of 80% of the
loans are unlikely to qualify.
2. The aggregate equity deficiency (i.e. the additional amount of equity that
borrowers would have to put up in order to qualify to refinance) is at least on
the order of $100 billion.
3. Our (conservative) estimate of maturity default-related losses for fixed rate
CMBS is $50 billion, 6.5% of the aggregate outstanding balance.
4. We estimate that maturity default-related losses will be at least 4.6% for the
2005 vintage, 5.8% for the 2006 vintage and 12.5% for the 2007 vintage.
The Future Refinancing Crisis
in Commercial Real Estate* Richard Parkus
Deutsche Bank
April 2009
Wow, That puts a whole new meaning to “naked short”
sorry if some one was quicker to quip
@ ME –
@ all – just a thought, for people who’d like to help the people of Haiti and aren’t able to donate money, donating blood is always a good option.
@Mep
I always thought you’d have taste
Kenneth Laub says the current downturn in commercial real estate will overshadow all of the others. “It won’t be a typical part of a cycle where we’re down for two or three years and things recover,” says Laub.
As in past slumps, the weak U.S. economy is curbing demand for commercial space, increasing vacancies and causing rents and property values to fall. The key difference today is the explosion in debt financing and related derivatives that fueled a run-up in commercial real estate prices in the 2000s, Laub says. That’s left property owners struggling to make mortgage payments. The overhang of debt will delay any recovery, he says.
“It’s not a supply-demand thing; it’s an overleveraged condition,” Laub says.
From: Real Estate Bull Laub Sees Unprecedented Workout From Bad Debt http://tinyurl.com/ydu8t5x
@ ME – I have a girl crush on her.
Our parlement is in a mess because our prime minister said for years there where no issues with Iraq, and now a report came out that is is an Illegal war. Now they have to agree with ‘anti sharia’ Geert Wilders that did not try to be ‘politically correct’ and everybody hates that like Bush for dinner..
yes filbert is a nut.
filbert sumpin.
I have a crush on Naomi Klein
NATO Likely to Send More Troops to Afghanistan 13 January 2010 (Bloomberg) http://tinyurl.com/yekeoxd
@ all – Naomi Klein on Haiti and the disaster capitalists:
http://www.naomiklein.org/articles/2010/01/haiti-disaster-capitalism-alert-stop-them-they-shock-again
be sure to leave comments with the Heritage Foundation:
http://blog.heritage.org/2010/01/13/things-to-remember-while-helping-haiti/
Philbert is a nut.
@MotherEarth. who’s joking?
100,000+ deaths is no joke..
http://www.fcic.gov/hearings/pdfs/2010-0113-Bass.pdf
http://www.fcic.gov/hearings/pdfs/2010-0113-Cloutier.pdf
http://www.fcic.gov/hearings/
where’s my manners? @Youri. geesfuckthanks.
@youri. good stuff. thanks.
@ Youri
Thats funny everyone thinking the same thing and some even act on it lol…. some sanity in the madness…this protest .. good for all lol
Nude Protest: Airport Body Scanners in Germany
http://www.youtube.com/watch?v=rZSEf_4F3jk
That’s what I like about Germans, they don’t talk as much BS as in the Netherlands but actually DO somtin about it!
Same with environmental questions and the use of Sun energy. Here in the Netherlands they talk about it and steel your pockets through NWO politics, in Germany the actually do somtin about it and have a full program putting Sun collectors on any big roof.
@Fibon. just carry on like your in your own tree.
@ Ron ron no i didnt lol ha ha ha …. pissing my self… no offence but are you a teenager?
How sweet, go get a drink
I puzzled on timing
Will things carry on or will they crack up quick and all falls apart. I really don’t know. But im quite sure things are not improving outside in the economy… so when? Its this when … lack of incite into it that keeps me addicted to this subject.
Earthquake in Haiti – The Big picture http://www.boston.com/bigpicture/2010/01/earthquake_in_haiti.html
Disclaimer: Don’t watch with an empty stomach
Latest HAARP activity: http://tinyurl.com/ybzwhu9
@Filbon. as you know i’ve fallen in love.
Ye everything fine my end..
@ Ron ron
what do you mean, seriously has something happened to you..?
@Filbon. the bird is the word.
see as soon as they switch the fucking page. every fucking time. yo @Filbon everything cool?
@ hay anyone
Who buys gold after 11pm? Big Trader?
What are talking about Ron Ron?
there’s nobody fucking here.
not the next fucking page.
where else can you hire a bird like that?
now i’m in shit.
@All, gotta love this:
http://www.lewrockwell.com/reed/reed171.html
if mike and ike would have got the birdy to scratch the earth, it may have been more factual.
@ Ron Ron why you scared lol what’s up?
@ Snoot… “Peak naivety most likely”. cracked me up that comment
The most dangerous thing to be is correct when your government and (kings) are incorrect. Surprise surprise they don’t like it when there wrong…. this is the thing that troubles me!
Anything can happen. But hay in for a penny in for a pound lol
Im safe because im irrelevant, I think!!!
anyway getting nuts.bye y’all.
should be
@namarama. well no. they wish. she may be there writer?
gonna tell you something for nothing. the life not talked about is not worth living.
@ roonron.
maybe snoot ismax or stacey. imagine that.
i love it when the girls talk.
second city? bwaa
The mini ice age starts here http://tinyurl.com/yj52vby
you no likey guy cabularo
snoot not light with ronron? :-/
@marietta:
What? I’m always light as a fairy with my comments, no?
@
I my view O’Reilly allready peaked years ago. Let’s play it out. http://www.youtube.com/watch?v=2tJjNVVwRCY
@frances
ronron likes to use the word ascared. It’s a joke. Lighten up.
I think I will dust off my butterfly net and write you all a poem!!!
Bet you catch a moth, stead of a butterfly. And I bet you can’t airy write a poem, just sayin’. Stella says ya’z got yur head on backwards and needs to stand with yur ass to the mirror to shave.
Soon enough, Youri, O’Reilly will be a peaker.
@Y’all
GADZOOKS…. the curse of the MAXITES…. DOOMED to worship the parlance of mad women… YET YE STILL so FANNY with your 24/7 Running jokes and your ACCENTS… I LOVE your respect for BRITISH TV humour and archaic grammer … your tribute to ‘the lonely hearts club band’… HUH… I LOVE YOU ALL…. you have all taught me so much…. I think I will dust off my butterfly net and write you all a poem!!!
@Youri:
Maybe not coal.
snoot either CIA, professor with tenor, or a farmer. not sure.
@ Youri – Clean coal?
@frances snoot
I ain’t convinced of this peak oil either and think that all the shortages are arranged by the NWO. Bio oil takes the place of food so it’s predictable this will arrange food shortages. That’s no surprise.
Outside oil we’ve got so much coal to make electricity for ages. The sun is everywhere and we have the technology to use it to the max.
there’s no way else where is english.
afeared. hahahaha. fuck
Catherine Austin Fitt on the AJS today: “Forget about peak oil it’s peak everything”
Peak naivety most likely.
Today on AJS too. So, if Bushes kill him everybody knows whodunnit!
George H. W. Bush Heckled At Pizza Place (VIDEO)
12 January 2010, (The Huffington post)
http://www.huffingtonpost.com/2010/01/12/george-h-w-bush-heckled-a_n_420746.html
Clip: http://www.youtube.com/watch?v=Q2ASaFaHQgQ
When he ran into George H. W. Bush at a pizza place, one man decided to give the former president a piece of his mind.
The man called Bush a “murderous, Zionist piece of shit” responsible for millions of deaths. He added that Bush’s “new world order” would never come to be, an apparent reference to the 1991 State of the Union.
This clip with some more background info from Heckler: http://www.youtube.com/watch?v=qhznZ-d5h7Y
@Snoot. you ever view second city?
still like ascared better. guy cabularo.
@ronron:
Of course it is: else where would the comparison have been?
@ronron:
I was planning on using the Denninger essays for fuel to smoke the sparrows: sortof southern-Like. Ratigan t-shirt probably a misnomer: seeing as the rat is rarely seen again liking to skirt under the wainscoting and such-like.
But I like the ideedee of golden platters. Sounds rich.
@Snoot. its a word. hahaha
Your Carma, is there a link for the Fitts / AJS talk??? She is the smartest gal I know … next to Stella, of course.
@Snoot. put your stockings on. picnics can get cold up here.
@ronron, frances
should i be ascared?
I’d worry more if you are ‘afeared’, Marietta.
http://www.thefreedictionary.com/afeared
@Snoot jeesfuckthanks.
@ronron:
Okay. I’ll chuck the hat.
has ron paul got shares in big underwear?
@SG:
Actually, I was going to ask you for some goggles so that I can see to read your posts cause it is like being at the ocean and looking down from a float with your eyes open and the sight’s supposed to be nice but the salt just keeps stinging the eyes: seen some of those pictures in a book once, supposed to be nice and all.
hope springs eternal.
i never said anything about ron fucking paul. ;-/
Dog Senses Arcata Earthquake at News Station
http://tinyurl.com/yh9syex
@Snoot. i’m on for the picnic.
@Y’All
Y’all remember my OLD STUFF a lot more than even I do…. CHEERS Y’ALL I’M HONOURED!!!
@Snoot. ron paul has no support and neither does gold. not a lot of ron ron supporters running around with gold. it’s a fucking lark. gold will make me a few bucks soon. it’s always been gold. weird.
Catherine Austin Fitt on the AJS today: “Forget about peak oil it’s peak everything”
i’m in a lot of fucking trouble.
Not because of government corruption, Wall Street plundering, or other assorted elite criminality, but because the football coach quit. http://www.youtube.com/watch?v=_zKkcfq3gec
@Snoot. somebody’s rooting for gold and ain’t the little guy?
Tell ya what, ronron. I’ll wear a Ron Paul hat and a Ratigan t-shirt and stuff my canoe full of Denninger’s essays and paddle over to U-Tow-Pee-Uh island where we’alls can have a sparrow-salted pickeynick on golden platters.
@Snoot. nice verse.
@SG. were you frying a rat or sparrows tonight?
…..or would that be a rat frying the sparrows….
?
Is that antithesis or oxymoron?
More like a rhetorical question, Will.
Snopes reminds me of the Snopes family of Faulkner: did you read Faulkner? If not, must read is “The Hamlet”:
“You got better sense than to try to sell Flem Snopes anything,” Varner said. “And you sholy aint fool enough by God to buy anything from him, are you?”
“I don’t know,” Ratliff said in that pleasant and unchanged and impenetrable voice out of his spent and sleepless face, still looking at Snopes. “I used to think I was smart, but now I don’t know…”
now I don’t know
@SG. were you frying a rat or sparrows tonight?
@ Max & Stacy
This guy’s gonna get life for rolling around in his bday suit??
Then why the hell can the the Fed Chairman constantly appear in front of congress naked, unshaven, stinking, urinating on the microphone, defecating on the phony press, without anyone acknowledging this, let alone giving him a stern warning.
I find this inconsistency extremely disturbing.
@SG
Guess you’re a man too
@SG. go to the fucking chipy mate.
Could HAARP be responsible for Haiti Eartquake?
Latest HAARP Activity http://tinyurl.com/ye6e7zq
@Y’all
FUC K i’ve burnt the dinner… the girls are pissed off with me … and nothing to eat…. SUFFERATION…well I always wanted to live the life of an ARTIST!!!!
don’t think you can do a pump and dump with gold?
@Snoot. somebody’s rooting for gold and ain’t the little guy?
@Marietta. hope your not picking these deals up in an SUV. LOL
regarding Snopes
They actually have about 5 pages on their site that are totally bogus stories that they made up on purpose, and when you read them and follow the links they say “surprise this story is bogus! don’t believe everyting you read just because you think the source is authoritative”
@SG
I am a man I only can do one thing at a time. I am listening to AJS with Catherine Austin Fitt now. Reading your post. Tracking your links. Posting on Prison Planet Forum. Making coffee, eating. Get back on your ideas later.
Same for you Snoot, You know how many time I spend tracking all the links in ol posts here in the morning? That’s why two man or woman knows more than one. Together makes strong and good article references. tnx for the SDR articles.
Mike, drink some of this straight http://www.wallywine.com/p-18451-jagermeister-liqueur-750ml.aspx?affiliateid=10098
or mix it with equal parts honey and fresh lemon juice
should help settle you a little
@Snoot – Snopes…disinterested information source.
Is that antithesis or oxymoron? I’ve never found even one disinterested information source!
@sg
i like the script(s)
gotta be better than cable,
why not existential island,
shoot the idea over to snoot,
frances had a great script, Kesierville,
set in a mid-west post-walmart ghost town,
I like the setting of the residential hotel as well,
as long as frank hope is the mayor i’m all in,
Frank?
@Will
Thanks for the snopes/Jefferson sitings. Hmmm … Maybe life is made up of tales. Thing I see, peoples were set up by the banks, peoples are being broken by the banks. Whether Jefferson was a myth or a man, my fuckin neighbors and freinds still be screwed by bank policy. They ain’t for the good of the peoples, THAT I know is real.
I am in bed, heating packed up & i got flu…the £ is rockketing, word is the BOE is going to rise rates soon……………may b true, may be not.
Mike
@SG It would make a great series a little like Hotel Babylon.
Also some time ago you linked some Ian Dury stuff, due to time differences & work I couldn’t respond, but he was an absolute wonderful guy, I worked with him on one of his last shows, a truly amazing man…
@ronron
Did get the soup
Today’s paper has canned chilli w and wo beans (10 for $10)
Favorite deal was 10 boxes pancake mix for $10
you get the soup deal?
@Marietta. we probably should be ascared. don’t bother though.
BBC rebukes Sally Magnusson after presenter criticises Britain’s high interest rates on Iceland’s £2.3bn debt http://tinyurl.com/y8d5vuu
The bill of rights is not a list of our rights, it was a list of rules for the govt. that was created. These rules were to be applied to the govt. not the people, but this has all been turned around. Now we are told that air travel is a privledge doled out by the govt.
We are told that a unitary execuetive can disregard the rule of law as they see fit. This trend of lawlessness is designed to trickle down.
@Snoot. i can’t do the sky is falling thing yet. i’ll get outa gold right.
@Y’all
Fuck It… I’ve thrown that script on the burning tyres… I can do better… sorry but I’ve just got in… let me go back and read the comments… HEY I know a show called ‘The Existentialists’ about a group of ex nazis hiding in the jungle waaiting to be caught fot their crimes who idle away the days talking shit while waiting for the… OH what the FUCK do I know I haven’t owned a TV in over twenty years and I can’t spell for TOFEEE!!!!
@ronron, frances
should i be ascared?
@Snoot. interesting. time will tell.
Mcalvany Weekly Commentary
(weekly monetary economic geo-political news and events)
What and When in 2010
http://www.mcalvany.com/podcast/
Listen if you please.
Snoot. i don’t understand why the BRIC countries would want in on this scheme. isn’t IMF, SDR, british empire?
@ronron:
We aren’t talking about bricks; I linked a Bloomberg article quoting directly the managing director of the IMF.
This is the portent of doom for your gold, ronron.
Wonder if the dollar gets booted out of the fambily? Sure will be an interesting shoot to hell soon.
Guess this means that China will tow the line on those basel mandates. Looks like their domestic market is going belly-up.
oh oh.
@Snoot. i don’t understand why the BRIC countries would want in on this scheme. isn’t IMF, SDR, british empire?
@Stacy
Know much about Rumiana Jeleva?
@Will:
You do know that Snopes could hardly be described as a disinterested information source.
You mean how do I know that Jefferson existed? I don’t, I just put my hands on the constitution and say “I believe!”
Good thing inherent rights aren’t so subjectively decided!
Some things just stand to reason.
In future refers most probably to this year: sdr set to be reweighted 2010.
So, enough with rumours: yuan to be included in sdr basket.
My,my.
@ norcalkid
right on norcal brother,
i miss laugh-in too, although i was too young to get most of the jokes, i can remember my parents laughing their asses off, which was always nice.
The antiwar mash series has been replace by 24.
The Smothers Brothers introduced george carlin to the country after he was blacklisted in vegas. All in the family, the jeffersons,
chico and the man, sanford and son, all had a message, all dealt with current issues. Modern tv has been puposely made flippant, thin, vaccuous, and totaly disconnected from current events, even funny shows like seinfeld never touched current politics.
Deninger: And he’s right on here. This is what the big media is trying to hide.
“These banksters and their accomplices have destroyed the economic lives and futures of tens of millions of Americans and yet they are all, to date, walking free among us and enjoying billions in bonuses!”
@Y’all
HEY I just thought of a script based on this website called ‘FREAKSHOW’. The main characters all live in the same hotel… lots of liberal stuff and contempory issues to appeal to a modern liberal ‘hip’ crowd… A BIT LIKE THE WALTONS… but not so dark… first off this guy that bites the heads of chickens… ME… and there will be these revolutionary middle class couple who buy gold and continually talk about RISINg UP from their bondage and ‘black up’ before their dinner party guests arrive… and a well spoken rasta’s, a bit like BENSON….. also there will be a boy who builds ‘Time Machines’ in his bedroom because he is too paranoid to face reality… and a man who runs a brothel in the basement who spends most of his time hating people who LOVE and is secretly a serial killer… two DEEPLY DEPRESSED obese twins ‘TheDD’s'… lots of OCD types and a few mathmatical geniuses without any social skills… a concierge called Condalisa stuck behind a desk who dreams of being a scriptwriter… plus the obligatory immigrant cleaner who everyone dumps on while they dispensce pearls of wisdom at the end of every show for the SOULESS audience… its all just of the top of my head at the moment… oops hold up I’m getting a phone call… liven up Y’all WE GOT A DEAL!!! HBO? Fuck em’…. we can do better than that!!!!!!!!!!!!!!!!
http://timesofindia.indiatimes.com/biz/international-business/Yuan-may-enter-IMF-kitty-to-evaluate-SDR/articleshow/5241400.cms
“The Yuan, also known as the renminbi, could be added in a “while,” in the basket of currencies to fix the value of SDR, Strauss-Kahn said at a press briefing in Beijing today. The move would require the currency to be market-based, he said. ”
http://www.bloomberg.com/apps/news?pid=20601080&sid=as9y6fAsyRhc
Nobody else read this? I would think this is news, eh? It’s from November!
From Garden Planet, an interesting observation:
Kyle Bass of Haymen Capital on Japan, The U.S. and Sovereign Debt
http://seekingalpha.com/article/182345-kyle-bass-of-haymen-capital-on-japan-the-u-s-and-sovereign-debt
They should at least let him off in the winter.
goes with my first post sorry
http://www.youtube.com/watch?v=xEwIMM6myVw&feature=sub
Strikes on the horizon ?
http://market-ticker.denninger.net/archives/1851-Truth-Peeks-Out-From-Under-The-Blanket.html
http://en.wikipedia.org/wiki/Olli_Rehn
@snoot – Jefferson made up.
You mean how do I know that Jefferson existed? I don’t, I just put my hands on the constitution and say “I believe!”
**Important information not likely to be covered by many**
Olli Rehn…European EU Commissioner for Enlargement.. says he feels like “grilled chicken” when talking to the press after his EU Hearing at the European Parliament on Tuesday. Rehn admitted to feeling like a chicken who has been grilled after emerging from a hearing with MEPs in the Committee on Economic and Monetary Affairs (ECON), on 11 January. Greeces burgeoning budget deficit was high on the minds of the deputies, despite Rehns best efforts to change the subject. It is not the only country which has unsustainable public finances, he said, fighting off suggestions that the eurozone could be brought down by the Greek shortfall, which measured 12.7% of GDP in 2009, the highest in the EU and more than four times the blocs 3% limit. Public debt in the country was also up to 113% of GDP, twice the 60% limit set out in the Stability and Growth Pact. The problem in Greece concerning the excessive deficit and rapidly rising public debt is a serious one, especially for Greek citizens and taxpayers, he told Robert Goebbels (S&D, Luxembourg). Of course, it has got spillover effects for the whole eurozone, but it is not so serious yet that it would threaten the stability of the eurozone.
@norcalkid
Yep, use to watch MASH a lot, that was good indeed. there were some good Humor sitcoms out there, All in the Family, Family Ties. I am a fan of Chevy Chase. Like to see him back on the silver screen.
Archie Bunker in “All in the Family” about gun control now reality http://www.youtube.com/watch?v=CLjNJI54GMM
Archie Bunker on Democrats http://www.youtube.com/watch?v=7fqCS7Y_kME
cspan went from finance hearings to terror mongers talkin’ about who deserves the rights of our court system, no-fly lists, profiling, typical ‘them vs us’ propaganda to keep the slaves proud of their imprisonment.
http://www.bloomberg.com/apps/news?pid=20601068&sid=axRgXYrMdWoA
wtf venezuela devalue by 50% . Must have missed this ;(
Obama wants $33 billion more for wars
http://tinyurl.com/yjeoblc
President Obama Signs Executive Order Establishing Council of Governors
http://tinyurl.com/yccklem
“The Council will be reviewing such matters as involving the National Guard of the various States; homeland defense; civil support; synchronization and integration of State and Federal military activities in the United States; and other matters of mutual interest pertaining to National Guard, homeland defense, and civil support activities.”
‘I See a Giant Monopoly Developing That’s Reminiscent of Microsoft’ (Google)
http://tinyurl.com/ykoce8n
U.N. cuts back on investigating fraud
http://tinyurl.com/ykjrdcq
I don’t know if jefferson made this one up, but i like it all the same.
on corporations he remarked
“They have no soul to damn, nor body to kick.”
@ alister
Those fundedmentalist think tankers can’t even wipe the smirk of their face as they explain how most people don’t understand the bonuses. Funny how these experts continue to be dead wrong, yet the funding keeps flowing into their tanks.
@Will:
How do you know that Jefferson isn’t ‘just made up’ as well?
Human civilisation ‘will collapse’ unless greed culture is stopped, report warns http://tinyurl.com/y8mgzu7
re: US humor- Many of you are probably not old enough to remember Laugh-In and the Smothers Brothers shows (late 1960s). Now the networks would never let programs like that in prime time. Also MASH in the 70s had lots of humor. Since then, nada.
@Dedo- Late hubby worked for WorldCom… they could not manage their way out of a wet paper sack. -I- could do a better job than the bastards running GS et al. But I am not a dishonest psychopath and would never get the job. F*** them, and their lackeys. Torches and Pitchforks, comrades!
Justget Itright – Jefferson quote – see:
http://www.snopes.com/quotes/jefferson/banks.asp
Just like….
http://www.snopes.com/quotes/caesar.asp
…they sound great, but they’re both made up!
@Susan
Demand Destruction
YES! I fished that argument on these boards last week but got no bites
A global fiasco is brewing in Japan
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100002951/a-global-fiasco-is-brewing-in-japan/
Will JPN be the first to ( admit ) hyperinflation ?
The Brookings Institution thinks The Wall Street Bonus System Works Well
http://www.youtube.com/watch?v=-2Qi1TIecNw&feature=sub
On AJS now!!!!
Birgitta Jónsdóttir, a leading member of the Icelandic parliament who has called for the country to declare a debt moratorium and stop attempting to pay the $6 billion which the British and Netherlands governments are seeking to extort from Iceland with the help of the International Monetary Fund and the European Commission in Brussels.
Catherine Austin Fitts, the president of Solari, Inc., the publisher of The Solari Report, managing member of Solari Investment Advisory Services, and the former Assistant Secretary of Housing and Federal Housing Commissioner at the United States Department of Housing and Urban Development in the first Bush Administration
@Youri Carma – I don’t usually buy DVDs, but they started releasing the complete series of AYBS. I bought them thinking they would be cringe worthy, but they were still very funny. Most of them are brown bread now sadly.
So much good British comedy. I’m quite partial to the Royale Family. Caroline Aherne is very funny. I liked Mrs Merton. So tell me Debbie what was it that first attracted you to the multi-millionaire Paul Daniels?
“Capitalism without bankruptcy,
is like christianity without hell.”
Kyle Bass
Are you being served? Christmas special. (push the ruler a bit when it doesn’t start playing) http://video.google.com/videoplay?docid=8612068501737171560#
There was a time when we all walked around the house starkers. Mum, Da, bro and myself. It seemed to change over time as we moved to a more urban environments and definately when we returned to Kanuckistan from Liberia. Pretty sad state of affaires. While I agree it is not for everyone. I wonder if these anti-nudes are the same types who wear clothing over their bathing suits. The same types who get freaked out when they see a woman’s breast while she is breast feeding.
[email protected]/anal retentive
@Can’t Remember My Name
Yep, exactly this Mrs. Slocombe’s Pussy stuff from “Are you being served” was always so hilarious http://www.youtube.com/watch?v=unmkX15AeN8
But also the wannabe upperclass attitude from captain Peacock, the Union….
@Youri Carma – My poor pussy was frozen stiff this morning. I had to warm her up in the oven before I went to work.
live cspan coverage
http://www.c-span.org/Watch/C-SPAN2.aspx
@snoot
The vice tightens.
I think we will be forced to buy liberty bonds, funny, they used to call ‘em war bonds, I sure miss the old venacular.
http://www.patriotskins.com/misc/WWIFightOrBuyWarBonds%20Poster.jpg
http://www.blog4history.com/wp-content/uploads/2007/12/give-war-bonds-christmas.jpg
“CMBS players are also weighing the potential impact of pending changes in accounting rules. Under FAS 166 and 167, which take effect at yearend, the Financial Accounting Standards Board is making it harder for lenders to move securitized assets off their balance sheets. In many cases, they will be forced to retain securitized assets on their books, thereby increasing their capital requirements.”
http://www.cmalert.com/headlines.php?hid=66246
The capital requirements will need to be met this year to salvage banks before mid 2011 (delayed implementation of FAS166/167). Talf ends in March (so far this is the date).
Here’s what the future looks like:
http://www.cmalert.com/headlines.php?hid=66246
(future is in covered bonds)
@youri
blackadder,
red dwarf,
seems all that pomp and pagentry in the UK leads to great punchlines! not that we’re not that funny in the states, oh we are, just not on tv, seems it’s not allowed, unless it’s a cartoon,
Ron Paul is giving a rebuttal to the blankfien monologues on bloomberg. He sure is getting air time, did you see him in sacha cohen’s bruno? strange days indeed.
sorry: here’s the link from the analysis
http://blogs.wsj.com/privateequity/2009/12/29/the-morning-leverage-how-basel-ii-is-like-the-taliban/
@Marietta:
Are you sure they said Basel II? Basel I allowed the leverage. Dimon meant cheap money made fuel easier to come by.
“Analysis: New proposals that would govern international banking were unveiled shortly before Christmas by the Basel Committee on Banking Supervision (Financial Times story here). Patience Wheatcroft of the Wall Street Journal writes of Basel II that it is “the full Taliban approach,” compared with Basel I’s more liberal bikini stylings. Check out the amazing picture that our WSJ colleagues found to illustrate her point.”
I guess it’d be like being allowed to wear your bikini to work under basel 1 and then suddenly (well, actually the first round of basel 2 was in 2007/European banks) basel 2 arrives (for real, not just a threat) and you freeze to death.
The problem we have here is that our entire economy was ponzi-based (cept for the war machine end) and the basel affect on securitization with the end of talf will be gnarly.
The big banks are under IRB (they get to internally rate) the smaller ones under standard rating (they get to trust in Sheila Bair and the ratings agencies). So the advan is always in the polo circle.
gotta run. hanging a few doors. bye y’all.
Ohh! Forgot about Benny Hill, Alas Smith and Jones, Not the Nine O’Clock News, Blackadder, Mr. Bean, Absolutely Fabulous, French and Saunders, Little Britain.
@Snoot. i new there was a time difference. that much? limk please.
@frances
During the financial crisis hearing banksters were asked if SEC regulation caused increase in leverage in 2004 due to application of Basil II. Is this true?
Dimon said it didn’t . he thought it was low interest rates.
@Snoot my sons in new zealand. lucky fucker.
@ Youri,
Many great shows there, add in The Day Today and Brass Eye, both involving Chris Morris.
One very under-rated sit-com (they’re so unfashionable) is The Brittas Empire, with Chris Barrie (from Red Dwarf). It’s about the insanity of working for an incompetent manager.
@ The Underfundedmentalist
No, donnow the Monies, wasn’t on Dutch television I think.
9 October 1967 was the first naked woman on Dutch television.
spits water on screen.hahaha
@ronron:
Hello, ronron. If you go to New Zealand, then March is already here.
OMEGA BLOCK – A huge, slow moving upper level ridge shaped like a Greek letter Omega. They are very hard to get rid of and usually block weather systems from moving through, sometimes for weeks.
(A normally occurring weather pattern in the atmosphere which has absolutely nothing to do with melting icebergs, polar bears, Al Gore, the gulf stream, or whistling dolphins.)
http://www.wrh.noaa.gov/boi/AFD_Common_terms.php
@Snoot. hello. thanks for the info.
http://en.wikipedia.org/wiki/Block_(meteorology)
http://www.theweatherprediction.com/habyhints/144/
@ youri
League of Gentlemen is from the ninetie I believe, lots of blood guts and cannabalism, brits love to have fun with thatr topic,
do you remeber a show called the moonies or somethin like that, used to come on after monty python on pbs, in my youth.
its like this. The banksters with all the trillions they’ve stolen thanks to their bought off politicans can buy bigger yaughts and bigger homes. While the average person gets food stamps and welfare checks. Lifes great.
am I the only person who thinks these airport shenanigans are all about ‘demand destruction’? If I travel from France to UK by car, lorry, train or boat, I do not have to go through any of this ‘security’ rubbish. I could have a car full of explosives and I would be waved through on a wet friday night…..
I’m finding it hard to reconcile a lifetime of ‘America the great’ propaganda, with this whining pissclam Blankchek,
Cspan is getting me more worked up than my punk rock.
This guy couldn’t compete with a girlscout cookie sale.
Just give me 30 seconds with this bald piddler, and I’d explain too big to fail in graphic detail. My 8 year old nephew comes up with better ‘stories’.
Dangerous in prison to be naked.
hurray hurray for the first of may. outdoor screwing starts that day. can’t wait.
@The Underfundedmentalist
Was thinking “did I forget to mention an English sitcom” and of cause, how could I forget my favored one “Faulty Towers”!!! Still makes me laugh enormously.
There is one exception “Seinfeld”. This is really brilliant humor. Donnow if that’s typical Jewish but I know a lot of the Humor in Europe was made by Jewish people in the Netherlands and also in Germany.
Think “Keeping up appearances” is so, so and stretched too long in it’s humor. Donnow “league of gentlemen” is after my time i think.
i’ve been moved to the next page again. fuck.
do it in the country, they like it just fine. do it in the city, it’s a 50 dollar fine.
Cool
Brooksley Born is asking questions now!
Hey Dedo, here is a quote from Thomas Jefferson. This was not written yesterday. One has to understand history to be an effective leader. I criticize bankers based on info from research. Anyway this is a quote from an historical icon … sound familiar?
“If the American people ever allow private banks
to control the issue of their money,
first by inflation and then by deflation,
the banks and corporations that will
grow up around them (around the banks),
will deprive the people of their property
until their children will wake up homeless
on the continent their fathers conquered.”
@underfun
You got that right!!
marietta, considering the banksters own the regulators. Sec and all judicarys I find that an interesting comment by the robbing banksters.
Dedo. When your one of the many millions broke, without a home and job and the banksters own everything you used to have you’ll think differently.
They need someone like Bernie Sanders asking some questions
@ dedo ‘I challenge any one on this forum to be in their position, and do anything differently.’
This is taken care of in college, no one would be given one of these super sovereign postions unless they have proven loyalty to the cause, even then most are blackmailed to ensure their loyalty. I can only imagine the pix they have of these lackies.
I would fail your challenge simply because I wouldn’t be offered the job. I think lots of people would have handled it differently, had they been allowed to do so.
@jon
Haven’t heard that
They all just argeed that regulators should have resolution authority and that they all should not be to big to fail
http://www.utterzebu.com/blog/2009/11/10/european-union-auditors-fail-to-sign-off-the-accounts-%E2%80%93-for-the-fifteenth-successive-year/
They can’t keep books, how can they keep watch over us?
You will strip only when they tell you to strip.
@youri
Faulty Towers, league of gentlemen, keeping up appearences,
I often wondered why british sitcoms were so much better than the grade school dreck we get in the US. Must be a more sophisticated audience, might also be connected to the fact that the brits still own their airwaves, in the us we gave them away so we could rent them back from comcast for $100+ a month to have the pleasure of watching paid programing. I appreciate the british ability to truely mock themselves, we could use some of that humility in the states, otherwise I just watch the jokers on cspan and bloomberg. Maybe blankfiend can get his own comedy show, we’ll call it ‘who knew?’ or ‘Everyone else was doin’ it’
I don’t agree the bankers are scum!
I challenge any one on this forum to be in their position, and do anything differently.
People tend to only rant from one perspective, which is quite naive IMO.
It tends to suggest a personal agenda,…ring any bells?
marietta, have the banksters finally come clean and just out and out said they stole those trillions coming and going with the system they’ve set up to fleece the public.
freedom, what freedom.
@@Fibon11235
I worked at a warehouse myself for a while and recognized a lot from the TV series “Are you’ve been served” also about the homosexual types. I always use to buy a Snicker and ask the gay guy ” He give me one of your big black ones” and he would start blushing. Ahaah!
Dimon just stated “we know there are financial crises every 5-7 years so we shouldn’t be surprised”
Blech!
He just said his brother has a PhD in physics . Looks like the brains were not evenly distributed in that gene pool.
They’re back.
Blankfein was asked if off balance sheet risks imploded the banks why did they repeat the mistakes of ENron. Didn’t really have an answer
@Fibon11235
I regard English humor far superior over American. I’ve been raised with English humor. Are you’ve been served , Dad’s Army, Frank Spencer later Monty Python and The Young Ones.
Strangely enough this is the first time I hear and see these ‘Carry On’ films. Seems to me that they must have Inspirited the first Tirolean Sex moves from Germany.
Scum the bankers are marietta, scum of a plague. Virulent parasite.
Kondratiev”Kondratieff waves”, in honor of the economist who first noticed them. In the 1950s we are currently at the turning-point of the 5th
* The Industrial Revolution—1771
* The Age of Steam and Railways—1829
* The Age of Steel, Electricity and Heavy Engineering—1875
* The Age of Oil, the Automobile and Mass Production—1908
* The Age of Information and Telecommunications—1971
http://en.wikipedia.org/wiki/Kondratiev_wave
@Frances,…They’re fast swimmers : )
They just adjourned but bankster are talking to press
http://www.c-span.org/Watch/C-SPAN2.aspx
@Stacy,…but I think the sound waves would disorient them and possibly cause them to beach?
Like the Navy? huh,.huh! ; )
Banker scum are testifying before Congressional committee right now. Blankfine, Dimon, etc. I’ll try to find live feed.
The rambler should have opened a chain of nudist colonies, in jail he may have to deal with with a lot of wood peckers. He could have called his franchise “Arbor of the Moons Enchantment”.
Beach in the middle of the ocean?
@frances – good question, but I think the sound waves would disorient them and possibly cause them to beach?
My question for the Sea Shepherd people is, why not just use underwater sound cannons like an LRAD to scare the whales away?
The question is whether the Sea Sheperd is using publicity to forward agenda.
@Tritone
My question for the Sea Shepherd people is, why not just use underwater sound cannons like an LRAD to scare the whales away?
I emailed them to that effect and have gotten no response. Probably some intern deleted it.
I just watched The Cove. The same technique could be used to scare & save dolphins.
The Chinese have hacked Google and some other major corporations, looking for source code and dissidents’ emails.
http://www.wired.com/threatlevel/2010/01/google-hack-attack/
@Jdnis
that one inch punch is great and all, but I don’t see how you get around the whole “prisoner’s dilemma” issue. Eventually the banks will be de-capitalized, but the market will make that determination spontaneously.
@ JayDnis
Im ignorant is there a table or a chart for Gold Options End dates?
So far, no one beats Stacy’s opener. I ain’t going thru no full-body scan any more often than I plan to stick my head in a microwave oven.
@TsarCaustic- Yes, throughout the British Crown Colonies–prison campgrounds all–the ‘threat’ of a real public referendum is quite literally the only chance those subjects have for a real view of freedom. ..Note also that the Americans don’t even comprehend the term.
WTF? So what if the guy wants to walk naked? If anything we should encourage more nakedness in a society that is obsessed with secrecy, not to mention that you would probably see a drop in fatness. Man, people sure are fat in 2010…
WTF? So what if the guy wants to walk naked? If anything we should encourage more nakedness in a society that is obsessed with secrecy, not to mention that you would probably see a drop in fatness. Man, people sure are fat in 2010…
The difference is the government must be obeyed. It’s not like they are there to represent you or anything. If they want you to strip then you must. They own you. Choosing to do something through free will should be against the law. It’s dangerous.
The See Shepherd is in trouble, like Stacey & Max said the fancy speed boat got destroyed. At this point is best they blow up the whale the Japanese are hunting, it is the humane way, better than harpoon to a slow death, and no meat for anybody! just a quick senseless death like so many around the world.
JayDnis, it is safer to buy physical gold for in your sweaty palm. There is less than an ounce of refined gold for every living person. If everyone who cared and could, bought just one ounce it would hit the market hard. That’s my opinion anyways.
Yeah, good comparison Stacy. On the one hand they’re saying the human body is shameful, and on the other, demanding to see them. I don’t want to see old people naked, but to make that illegal is absurd. What’s next? Rounding up the houseless because they’re an affront to the senses, and dumping them in the ocean? Oh yeah, they’re supposed to grind them up and feed em to prisoners. The houseless special.
Stimulus Saved or Created 2 Million Jobs: White House
http://www.cnbc.com/id/34836950
Max said in his closing statement in On The Edge that anyone worried about US Marines invading their country should buy gold. A sharp rise in the price of gold could qualify as what Max called the One Inch Punch made famous by Bruce Lee.
I think everyone in the anti-war movement and everyone who just wants to make money shoud buy gold on options expiration date. JP Morgan, Goldman Sachs the Treasury and the FED will be shorting gold trying to bring the price of gold down to minimize their losses. But, if we all buy gold during those last couple of trading days, we will maximize their losses. They are no longer paying for their losses with borrowed money. They are paying for it with money the Federal Reserve printed. It will not take long for the market to figure out that options expiration date is the best time to buy.
Neither the dollar nor the American Empire will not last long.
Mabey he can be sold some naked shots..
Reminds me of the joke of the guy that asks the police officer how much the fine is for insulting an officer on duty..50 bucks he answers..So he’s 50 bucks you motherfacking piece of nazi!
No one sees a proper naked body or a semi-naked body and thus no one really knows what normal body looks like. All we see every day is photo shopped über beautiful girls and boys at their best age in movies and magazines and so we imagine that those are the norm making your own body a hideous one, better hide it.
@Y’all
Morag… I’ve told before cover up yar ankles when yar surrrfing tha internet yar wee hussy!!!
FCIC is going to question some banksters now at 9AM (us eastern time). Blankfein among them. Link over at ZH
Good to see the Scots have decided to shed that Calvinistic streak
@Max is correct
There is something about the Public School system in the UK that makes the naked body very shocking to those who went thought it.
I bet that Scottish Judge has been through it lol Prudish what wrong, you can tell he know suicide bomber lol
I was bright enough not to need a public school to get to a good uni.. but I did go to a Grammar School and can identify with there problem.. he he he although it did not bother me after Rugby.
Good for the marine ….keep it up lol
Carry on up the Khyber… I new that was the solution.
I cant wait for the porn pics the hit the net..
Scanned pics of Presidents and Prime Ministers with little wheeners lol along with the silicone plastic surgery items of the great and good lol
You can imagine the dialogue between the Security and the celebrity
lol this is very very funny
http://www.youtube.com/watch?v=ATDJe87hia0&feature=PlayList&p=917866D754C69954&playnext=1&playnext_from=PL&index=7
http://www.youtube.com/watch?v=A61i0Xscj-k
@Mike It’s great how the politicians think it’s “urgent” because if the referendum (also known as “the will of the people”) is allowed to happen, it could bring down the government, forcing all of the politicians to go home
Iceland in “Frantic talks” with UK:-
http://www.telegraph.co.uk/finance/financetopics/financialcrisis/6975723/Iceland-urgently-seeks-to-renegotiate-Icesave-with-UK.html
Mike
Kissinger calls on Obama to create a New World Order
http://www.youtube.com/watch?v=KD3BqK-9ZiU&feature=video_response
notice towards end the reporters noses are brown fromasslikin
Hic
little old Jan2009
@Stacy – you are confused.
The change is in the jetsream (airborne), not the gulfstream.
This is evidenced by the rapid rebound in temperatures (e.g. in Cornwall today), as the jetstream meanders further north again.
ABB
Yo Bear Food
http://www.cnbc.com/id/34820196
Watch the Vid
Mike
Aah, the irony, but at least he is fed and housed for nothing.
Could turn out to be a decent savings scheme.
ABB
The world is full of lunatic’s
Hic
unos