Title: Mcgowanjm Wire 2012 Source:
[None] URL Source:[None] Published:Feb 26, 2012 Author:Various Post Date:2012-02-26 09:15:13 by A K A Stone Keywords:None Views:1294388 Comments:2390
As we always stress, the losses of the banks are a moving target. It may be possible to ascertain their upper boundary to a reasonable degree of certainty, and in Spain's case it is no doubt significantly above this latest guess.
What we do know for sure is that euro area-wide bank borrowings from the ECB have just hit another new all time high:
Banks At Risk: Today, the entire banking system of Europe is at risk. The banks are highly leveraged, and they have made enormous investments at low-interest rates in bonds issued by governments that are technically insolvent. There is no possibility that any of these bonds will ever be repaid. They were never designed to be repaid. They were designed to keep the taxpayers of all European countries in permanent bondage to the banking system.
From the Zionist warmongers in New York: Military Warns Against Threats to Egypt’s ‘Higher Interests’ – NYTimes.com
“The Armed Forces have emphasized self-control out of respect for the revolutionary state to avoid losses or injuries as part of the people exercise their right to express their opinions,” a spokesman for the ruling military council declared in a statement, suggesting the military’s patience was nearing an end. “Everyone should respect the principles of legitimacy for fear of the dangers of abandoning them.”
#1403. To: Mad Dog, mcgowanjm, Redleghunter (#1393)
LOL!
PISS OFF retard.
See? Short and sweet. Lol...I don't know if that's a clinical assessment, BUT....
Poor McGowan. Really. He fancies himself some kind of a Commie/Fascist/Anarchist Paul Revere.
To Jimmy: We all realize it's Satan's World - it's no newsflash for us. The Bible reminds us of this mortal condition. Meanwhile, you're just another of Satan's tools, sucking in all his lies and spreading HIS "gospel" of Hopelessness.
TO WHAT END do you perform your public service?? This world can NEVER be paradise. It will NEVER be "fair". Why not? Because Sin infects man's life. ALL of ours - and that includes mine, Dawg's, and Red's. The ONLY Redemption for even one puny sin is the Blood of Christ and His grace and mercy.
John 3:16 - "For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life"....
John 3:17 - "For God sent not his Son into the world to condemn the world; but that the world through him might be saved." ~ King James Version (KJV)
There it is: Even Jesus admits HE doesn't condemn us; WE condemn *ourselves* come Judgment Day. Will you be ready to face your Maker?
Will your name be in the Book of Life? If you don't wise up soon, the "hell" on this earth you whine on about HERE will be your fate...*forever*. But only far worse. I don't wish that on anyone.
Any real wisdom you possess and hope for the salvation you crave will begin with faith of the grain of a Mustard Seed. PLANT IT. Today. Tomorrow.
But for a few years will you live in this world; The next is....Forever.
It's not "your" thread SCUM, it's Stone's thread and it's Stone's site.
I'm not "anonymous" SCUM, certainly way less than YOU are SCUM.
LOL!
I'd worry about my own judgement IF I was YOU SCUM.
LOL!
At the moment SCUM, we're not headed for the same place SCUM.
We might be later if you ever admit you are filth to the LORD.
I won't hold my breath SCUM.
"Your" thread!
What a little whiny cunt you are SCUM.
LMAOAY!!!!!!!!!!!!!!!!!!!!!!!
Spoiled, stupid and ignorant, brain dead phuckwads, libTURD fools, tools, and idiots, are the real sickness; the messiah "king" obammy and his regime are only the symptoms.
Spoiled, stupid and ignorant, brain dead phuckwads, libTURD fools, tools, and idiots, are the real sickness; the messiah "king" obammy and his regime are only the symptoms.
One of the LEGION of differences between me and jimma boy is that I have the choice of writing good or "bad" English.
I PICK how I want to address people and subjects.
I know how to, and have the mental ability to write a clear and concise sentence.
When I want to.
jimma boy hasn't any choice, he's an ignorant FOOL.
Did you ever have the misfortune to read a "Wymins"/"race"/ or other faux libTURD "studies" paper, (or any of jimma mctoejams insane screeds for that matter)?
They are fuctionally illiterate, but they are convinced that they are geniuses.
Spoiled, stupid and ignorant, brain dead phuckwads, libTURD fools, tools, and idiots, are the real sickness; the messiah "king" obammy and his regime are only the symptoms.
America is caught in a confidence or credibility trap, in which the changes, investigations, and reforms necessary to restore trust to an economy or market are rendered unlikely because doing so would expose a pervasive corruption that the principals fear would destroy any remaining trust. It could also endanger the careers of politicians and business people who may have permitted and even appeared to facilitate the control fraud that caused the financial crisis in the first place. Personal risk trumps public stewardship. The fraudulent activity is covered up and therefore continues or at the very least appears to continue....
NY Times A Loophole Big Enough To Lose a Billion By James B. Stewart 24 June 2012 If nothing else, the collapse of MF Global has made one thing clear: The notion that customer assets were safe was a sham. MF Global’s customers, who discovered that the firm had plundered $1.6 billion of their property, learned that the hard way. But they aren’t the only potential victims. The loophole that allowed MF Global to convert more than $1 billion in customer property to its own reckless bet on European debt is still in effect — although the Commodity Futures Trading Commission, which regulates futures and commodities brokers, said it had since pressured other firms to stop using it.
Fukushima plant workers keep saying to us “It could go any minute” kind of thing -Teacher in March 2012 Interview — Even now people say to always have your stuff ready to go (VIDEO, 30 min.)
Published: June 24th, 2012 at 5:07 pm ET By ENENews Email Article Email Article
Along with 14 other reactors.
News Blackout on the damage Cyclone Guchol did as it went right over the top of Fukushima.
Re: World Markets - URL The Game doesn't just go 'on and on'.
Stop watching the Apologist Apparatchiks whose message is Exactly that.
Quantum Science:
Asymptote after a Parabolic Rise is predated to be as short an interregnum as the Curve is rapid and exponential.
The Downside is based EXACTLY on that Exponential and Sustained 'rocket shot'.
We've been at Asymptote since 2000/01. Over a decade now.
That would be Approx 10% of the Oil Age history spent at Asymptote.
062112 is a s good a date as any.
As the Rest of the World Economy
$70 Trillion of debt holding up $700 trillion in Synthetic Derivatives Debt
Implodes.... :? 8-)
RYviewpoint: How $700 Billion in Bad Debts Destroyed the World ... ryviewpoint.blogspot.com/.../how-700-billion-in-bad-debts-destroye...
Nov 5, 2011 – ... loans could take down a $14 trillion US economy and a $70 trillion world economy? ... But as Matt Taibbi points out, the banks took that bad debt and ... "derivatives" market ballooning the real losses up into trillions and trillions ... books, they promptly Xerox-copied him in the form of synthetic derivatives ...
Satya Center -- Alternative Health, Relationships & Global News http://www.satyacenter.com/
Check back often to see what new goodies Jane and Jaya have cooked up! ... There are $700 trillion in derivative debt instruments resting upon that $70 trillion ... Last edited by mcgowanjm on Mon Jun 25, 2012 8:32 am, edited 1 time in total.
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Post Mon Jun 25, 2012 8:31 am by mcgowanjm Re: World Markets - URL
Post Mon Jun 25, 2012 8:31 am by mcgowanjm Cotton hits 062112 right on the money.... :twisted: :? 8-)
Image
Watch coffee now.
And sell soy.
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Post Mon Jun 25, 2012 8:38 am by mcgowanjm Re: World Markets - URL
Post Mon Jun 25, 2012 8:38 am by mcgowanjm
Zerohedge, one of our favorite financial sites, because the proprietors are wired to the real insiders. They excerpted a piece by legendary investor and Goldman alum, Raoul Pal. He explains that at best there’s six more months to go before the global financial reset takes place. He details the end of fractional reserve banking as we know it. There’s no avoiding the ultimate crash because $70 trillion of Western Sovereign Debt is holding up over $700 trillion worth of derivatives. No wonder he likens all this to the eye of a hurricane, from which we are just emerging. We’re not talking about any ordinary hurricane, like Katrina which was a category 4-5. Rather, we’re talking about a category 10 storm that will leave no financial edifice standing in its path. But gold and silver will help get us through, and this nuclear economic winter will pass.
And here:
But gold and silver will help get us through, and this nuclear economic winter will pass.
is what will turn 062112 In To TEOTWAKI:
ZH and like minded Gold Bugs keep thinking that Precious Metals are going to hold and rise to (pick a number).
And THAT's impossible as long as the USSA exists.
Silver now at $26+ and people are STILL loading up.
At some point they'll be forced to liquidate...at say.... $10 the oz.
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Post Mon Jun 25, 2012 8:49 am by mcgowanjm Re: World Markets - URL
Post Mon Jun 25, 2012 8:49 am by mcgowanjm Same with those like Dave Cohen (Great Guy-Excellent Analysis) from Decline of the Empire.
2. Industrial civilizations are not going to go out of business because oil is very expensive during the boom times and pricey (but not exorbitantly expensive) during the lulls. Peak oil acts more like a brake (one of many) on global economic growth when times are good.
As Economic-Undertow writes, There is not a 'vacuum of activity' in the world while the USSA adjust to the volatility in price/demand.
And I have yet to see the chart where the 4 MMBD in petrol usage has bottomed.... :twisted:
As usual, we'll know more in 10 years than we know right now.
We'll know by the End of September...I can't imagine a more bearish chart formation than this:
Image
The BDI is being hammered into the ground. It will not get back up.
I don't worry much about the disasters I write about. The writing is on the wall as far as I'm concerned. But if I were to worry about all these human disasters, where would I rank the threat of peak oil? I don't know. It's certainly a concern, and I do write about it, but I write about lots of stuff. Certainly the longer term is fraught with difficulty if humans are depending on crude oil to fuel economic growth in the 21st century as it did in the 20th.
fraught with difficulty
Here's 'fraught'.... :twisted:
ALL $28 per BBL infrastructure has been wiped out. ALL Marginal Oil production is stopped dead with oil dropping below $70 the BBL.
Credit for Oil purchases (How do you get you collateral back from burned oil :!: :?: ) dries up.
"The new Greek Prime Minister had an eye surgery and cannot attend the EU summit meeting. The new Greek Finance Minister became ill and cannot attend the EU summit meeting. Both a tragic turns of events; we are sure. Both coincidental you may think; but not us. Perhaps upon ascending to power and examining the books they have found that everything was not exactly, how shall we say this; Kosher comes to mind. Perhaps the records indicated a far more serious excursion from the facts than previously thought. "
Under United States law (Title 10, Section 2366 of the U.S. Code) a missile system must undergo lethality testing before it can enter full-scale production. This means it must be fired at a combat-configured target, which for air-to-air or surface-to-air missiles is a full-size, fully capable aircraft. The cost and hazards of using a manned aircraft from the active-duty inventory for this purpose are obvious. Instead, the target is an unmanned FSAT drone. As one 82 ATRS pilot summarizes it, "the F-4 is dying, to give birth to new weapons systems."
In support of U.S. test and evaluation activities, Phantom drones also act as targets for non-lethal tests of missiles, radar and other sensors, and defensive systems. They also support Air Force and Navy training, such as "Combat Archer" missile shoots.
Both services also employ sub-scale target drones, which are less costly to operate than FSATs. But only a full-scale target offers the flight characteristics, performance envelope – including subsonic and supersonic flight at altitudes up to and above 50,000 feet – endurance, radar and infrared (IR) signatures, and damage resistance of a real aircraft.[/quote]
[quote]QF-4s are almost always flown with a pilot aboard, unless a weapons launch will occur. Usually he does not touch the controls but stands ready to take over if ground control is lost or the aircraft departs. The pilots fly the aircraft themselves on chase missions and to maintain proficiency.
The aircraft are controlled remotely by the Gulf Range Drone Control System (GRDCS) at Tyndall or the Drone Formation Control System (DFCS) at WSMR. Drone controllers have a flight instrument display on a monitor, but no direct visual contact with the aircraft. A controller may fly, using a joystick and keyboard instead of stick, throttles, and rudder pedals; however, most test and evaluation flights are steered by computer. This allows a test to be flown within exact parameters and repeated exactly if necessary. Up to six QF-4 aircraft can be controlled in formation, using GPS to maintain each in position relative to the flight track.[/quote]
#1418. To: mcgowanjm, Liberator, A K A Stone (#1392)
Notice the thread?
You're in my house dissin' me?
Yes, congrats you have your own thread. It is all to yourself and you set the agenda and tone. Quite masterful of Stone to give you this padded room all to yourself. Now be nice or your visitations will decline. We can go elsewhere.
As iron sharpens iron, So a man sharpens the countenance of his friend. -Proverbs 27:17 (NKJV)
You mean jimma the insane whiny piece of shit "hate America FIRST!" libTURD commie useful fool boy SCUM.
Right jimma boy?
Spoiled, stupid and ignorant, brain dead phuckwads, libTURD fools, tools, and idiots, are the real sickness; the messiah "king" obammy and his regime are only the symptoms.
That's all that you have, and all that you know how to do, isn't jimma boy?
LOL!
What a WEAK assed little cunt you are jimma boy.
Every breath you take fucks with America and all decent AMERICAS, you foul little cunt.
All you are is the poster child for libTURD "Hate America FIRST!" SCUM.
You DESPISE the US CONSTITUTION and the AMERICAN PEOPLE. You even despise your own brother who died a hero's death at ANZIO, you even HATE your mother and her love of your own brother.
Yep.
YOU ARE SCUM jimma boy.
YOU ARE SCUM jimma BOY. (with my sincere apologies to SCUM which suffers in the comparison).
Spoiled, stupid and ignorant, brain dead phuckwads, libTURD fools, tools, and idiots, are the real sickness; the messiah "king" obammy and his regime are only the symptoms.
But even the mainstream media know a 4 C increase spells the end of the line for our species. Giving the response I’ve come to expect from politicians, the Obama administration calls any attempt to reduce emissions “not grounded in political reality.”
Have you noticed a set of patterns? Each assessment is quickly eclipsed by another, fundamentally more dire set of scenarios. Every scenario is far too optimistic because each is based on conservative approaches to scenario development.
And every bit of dire news is met by the same political response. Is there any doubt we will try to kill every species on the planet, including our own, by the middle of this century?
At this point, it is absolutely necessary, but probably not sufficient, to bring down the industrial economy. It’s no longer merely the lives of your grandchildren we’re talking about. Depending on your age, it’s the lives of your children or you. If you’re 60 or younger, it’s you.
Debby is definitely compressing the air in the Middle USSA.
110 degrees in the Arkansas River Valley is NOT normal..... :? 8-)
The First D storm in June in History.
We know Earth’s temperature is nearly one degree Centigrade higher than it was at the beginning of the industrial revolution. And 1 C is catastrophic, as indicated by a decades-old cover-up. Already, we’ve triggered several positive feedbacks, none of which were expected to occur by mainstream scientists until we reached 2 C above baseline global average temperature.
We also know that the situation is far worse than indicated by recent data and models (which are reviewed in the following paragraphs). We’ve known for more than a decade what happens when the planes stop flying: Because particulates were removed when airplanes were grounded, Earth warmed by more than 1 C in the three days following 11 September 2001. In other words, Earth’s temperature is already about 2 C higher than the industrial-revolution baseline. And because of positive feedbacks, 2 C leads directly and rapidly to 6 C, acidification-induced death of the world’s oceans, and the near-term demise of Homo sapiens.
4 Hear the word of the Lord, ye children of Israel: for the Lord hath a controversy with the inhabitants of the land, because there is no truth, nor mercy, nor knowledge of God in the land.
2 By swearing, and lying, and killing, and stealing, and committing adultery, they break out, and blood toucheth blood.
3 Therefore shall the land mourn, and every one that dwelleth therein shall languish, with the beasts of the field, and with the fowls of heaven; yea, the fishes of the sea also shall be taken away.
4 Yet let no man strive, nor reprove another: for thy people are as they that strive with the priest.
5 Therefore shalt thou fall in the day, and the prophet also shall fall with thee in the night, and I will destroy thy mother.
6 My people are destroyed for lack of knowledge: because thou hast rejected knowledge, I will also reject thee, that thou shalt be no priest to me: seeing thou hast forgotten the law of thy God, I will also forget thy children.
7 As they were increased, so they sinned against me: therefore will I change their glory into shame.
8 They eat up the sin of my people, and they set their heart on their iniquity.
9 And there shall be, like people, like priest: and I will punish them for their ways, and reward them their doings.
10 For they shall eat, and not have enough: they shall commit whoredom, and shall not increase: because they have left off to take heed to the Lord.
11 Whoredom and wine and new wine take away the heart.
12 My people ask counsel at their stocks, and their staff declareth unto them: for the spirit of whoredoms hath caused them to err, and they have gone a whoring from under their God.
13 They sacrifice upon the tops of the mountains, and burn incense upon the hills, under oaks and poplars and elms, because the shadow thereof is good: therefore your daughters shall commit whoredom, and your spouses shall commit adultery.
14 I will not punish your daughters when they commit whoredom, nor your spouses when they commit adultery: for themselves are separated with whores, and they sacrifice with harlots: therefore the people that doth not understand shall fall.
15 Though thou, Israel, play the harlot, yet let not Judah offend; and come not ye unto Gilgal, neither go ye up to Bethaven, nor swear, The Lord liveth.
16 For Israel slideth back as a backsliding heifer: now the Lord will feed them as a lamb in a large place.
17 Ephraim is joined to idols: let him alone.
18 Their drink is sour: they have committed whoredom continually: her rulers with shame do love, Give ye.
19 The wind hath bound her up in her wings, and they shall be ashamed because of their sacrifices.
As iron sharpens iron, So a man sharpens the countenance of his friend. -Proverbs 27:17 (NKJV)
San Francisco police have arrested veteran gay rights advocate Larry Brinkin in connection with felony possession of child pornography.
Brinkin, 66, who worked for the San Francisco Human Rights Commission before his retirement in 2010, was taken into custody Friday night. He spent the night in jail before he was released on bail, according to a spokeswoman for the sheriff's department.
The district attorney's office will decide Tuesday whether to file charges. "We're still reviewing the case," district attorney's spokeswoman Stephanie Ong Stillman said Monday.
Police say that Brinkin had pornographic images, some that appear to show children as young as 1 and 2 or 3 years old being sodomized and performing oral sex on adult men, in e-mail attachments linked to his account, according to a search warrant served by San Francisco police.
Representatives of America Online contacted authorities after coming across e- mail attachments from one of its subscriber's accounts containing what they believed to be child pornography.
The Los Angeles Police Department, which was assigned to the case, traced the IP address associated with the account, Zack3737@aol.com, to Brinkin, a San Francisco resident, according to court records. Los Angeles police forwarded the case to San Francisco police.
San Francisco investigators say the account was registered to Brinkin, and that he paid for the e-mail service with his credit card.
Police provided two examples of e-mail messages from last year in which Zack3737 provides disturbing descriptions of the exploitive sexual acts.
The e-mail account also is linked to Yahoo discussion groups on sexual exploitation of young boys and girls, according to the search warrant.
Executing a search warrant Friday, police seized two laptops, a desk top computer, videos, a floppy disk and thumb drives from Brinkin's Waller Street home.
During his 22-year tenure at the Human Rights Commission, Brinkin was best known for championing equal rights for gays and lesbians. He helped craft San Francisco's groundbreaking Equal Benefits Ordinance, which became a national model for workplace equality.
Upon Brinkin's retirement, the Board of Supervisors approved a resolution declaring the week of Feb. 1, 2010, "Larry Brinkin Week" in San Francisco, saying his "dedication to advance the civil rights of all people has never stopped."
Former Supervisor Bevan Dufty who authored the board resolution, said Monday that he was shocked to learn of Brinkin's arrest. "I have admired and respected his work for the LGBT community," Dufty said. "I respect and am confident that there will be due process."
Brinkin did not respond to requests for comment Monday.
As iron sharpens iron, So a man sharpens the countenance of his friend. -Proverbs 27:17 (NKJV)
That's all that you have, and all that you know how to do, isn't jimma boy?
LOL!
What a WEAK assed little cunt you are jimma boy.
Every breath you take fucks with America and all decent AMERICAS, you foul little cunt.
All you are is the poster child for libTURD "Hate America FIRST!" SCUM.
You DESPISE the US CONSTITUTION and the AMERICAN PEOPLE. You even despise your own brother who died a hero's death at ANZIO, you even HATE your mother and her love of your own brother.
Yep.
YOU ARE SCUM jimma boy.
YOU ARE SCUM jimma BOY. (with my sincere apologies to SCUM which suffers in the comparison).
Spoiled, stupid and ignorant, brain dead phuckwads, libTURD fools, tools, and idiots, are the real sickness; the messiah "king" obammy and his regime are only the symptoms.
jimma boy admits that I'm 100% correct in my assessment of him!
Isn't that NICE?
LMAO!!!!!!!!!!!!!!!!!!!!
Spoiled, stupid and ignorant, brain dead phuckwads, libTURD fools, tools, and idiots, are the real sickness; the messiah "king" obammy and his regime are only the symptoms.
A sizzler of a Tuesday turned out to be a record-tying event in Waco! Our fifth triple digit day of the month, a high of 107 at 458pm tied the 32 year old (1980) daily record. Peak heat index or "feels like" temps ranged from 107 to 111.
Temps cooled off through the night to a range of morning 70s to near 80:
IT won't get any cooler.
Maybe you can help refit those drones to drop water instead of hellfires....
The AF could sure use some.....LMFAO....;}
#Parts of Air Force Academy evacuated as Colorado fire ragesLos Angeles Times - 4 hours agoWOODLAND PARK, Colo. — More than 2100 residents on the Air Force Academy grounds were among about 32000 people being evacuated ...
The Somalis are escaping ConocoPhillips War for the Oil.
CLimate change is secondary here.....
Copenhagen climate summit: Five possible scenarios for our future climate
With talks in Copenhagen descending into chaos, the prospects for stabilising temperatures below 'dangerous' levels look increasingly slim. Here are five possible scenarios for our future climate
Alok Jha * guardian.co.uk, Friday 18 December 2009 12.38 EST
1C – Vital for low-lying island states but virtually impossible
The Arctic sea ice is already disappearing and, after a 1C global average temperature rise, it would disappear for good in the summer months. Heatwaves and forest fires will become more common in the sub-tropics – worst-hit will be the Mediterranean region, southern Africa, Australia and south-west United States. Most of the world's corals will die, including the Great Barrier Reef.
