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:1373333 Comments:2390
So what happens when a major retailer hires a CEO away from a personal electronic conglomerate who has no experience in retail? This, as reported by Market Watch: J.C. Penney Co. said on Tuesday that it swung to a first-quarter loss of $163 million, or 75 cents a share, from a profit of $64 million, or 28 cents, a year earlier. Sales fell 20% to $3.15 billion. On an adjusted basis, the company said it lost 25 cents a share. Analysts surveyed by FactSet estimated the Plano, Texas-based company to lose 1 cent a share on sales of $3.45 billion. Comparable store sales tumbled 19%, also missing estimates.
The problem with bank runs is that once they start, they don't stop.
Look forward to not hearing a WORD about any bank runs anywhere.
Except for maybe our closest colonies....and there will have to be video....
like say the Brits...
"Machine-guns will for the first time be toted by guards on the London tube. Police special forces, "trained to kill", will wear balaclavas to avoid identification. There are to be naval landing craft roaming the coast off Weymouth and submarines at the ready. The Olympics have become a festival of the global security industry, with a running and jumping contest as a sideshow. No one in government dares call a halt. Nero in his prime could not have squandered so much money on circuses.
O Boy! Walking past Mask wearing Mercs with shoot to kill mentality on the way to Fun& Games....
'accelerated withdrawals' to describe Spain/Greece Bank Runs....;}
By The Washington Post Published: May 17, 2012 Updated: May 17, 2012 - 12:00 AM » Comments | Post a Comment ATHENS, Greece --
With Greece's future in the euro increasingly in doubt, the troubled nation cobbled together an emergency government on Wednesday and set a date for new elections amid fears that accelerated withdrawals by spooked depositors could escalate into a run on the banks.
(Reuters) - A spreading bank run could hasten Greece's exit from the euro zone but it certainly doesn't have to end that way.
It is far less clear what the impact would be should the wave of withdrawals accelerate in other peripheral states such as Spain or Portugal, which are further from outright revolt over German-led austerity, and which, due to their sheer size, will enjoy a vastly improved negotiating position.
Reuters/Washington Post: Who came up with the Orwellian term:
'accelerated withdrawal' to describe a bank run...LMFAO
He's not dead, little girl, he's just sleeping for a long time.....8D
I would like a complete clear-out of all those politicians still hooked on the lazy, mendacious, and altogether unimaginative habit of saying Let me be clear (about this).
Not only that, as there is obviously no clear blue water between any of the buggers on this issue, I wish to make clear that there is clearly a very strong chance that a clear majority of politicians may fall victim to my let-me-be-clear-seeking sledgehammer, club or truncheon.
Because its important to clear up any misunderstanding about just how clear-air-headed these clear-drivelling idiots are going to be if they persist in claiming to be clear when it is abundantly clear that their objective is to be a clear as mud that has had every scintilla of clarity removed from it by a clearance specialist.....;}
* Defiant Message From Greece. The head of Greece's radical left partythrowing down a gauntlet that could increase tensions between Greece and its frustrated European creditorssaid he sees little chance Europe will cut off funding to the country but that if it does,
Athens will stop paying its debts.
A financial collapse in Greece would drag down the rest of the euro zone, said Alexis Tsipras, the 37-year-old head of the Coalition of the Radical Left, known as Syriza, and potentially the country's next prime minister.
Instead, he said, Europe must consider a more growth-oriented (MY EDIT-Impossible;) policy to arrest Greece's spiraling recession.
With the the 3m EUR/USD basis swap spread The Precursor.
Meaning that that JPMorgan should drop to >< $31.50
Roughly another $2.50 drop from here and That's if the 3m EUR/USD basis swap spread doesn't get worse....meaning that Europe has all the $'s it needs/wants &/or it has more collateral good EuroLoans it can swap into dollars.
JP Morgan is hoping all tha..the above is good.....;}
So it doesn't matter whether policymakers know about this extinction disaster or don't know about it. This study, like every other similar study in this and other research areas, will be ignored by policymakers. Yes, it will be cited by researchers doing future studies along these lines, which will also be ignored by policymakers.
This science is serious stuff, and that's why I'm reporting it, but I'm sorrywhen people start talking about making policymakers aware of the problem in the expectation that something will actually be done about it, I can't take that seriously at all.
mcgowanjm posted on 2012-05-19 9:05:01 ET Reply Trace Private Reply Edit #27. To: mcgowanjm (#25)
And when the shares started to fall towards the offering price, it seems the bankers worked like mad to try to "support the deal." In other words, the investment bankers -- who have an agreement to make a market in the stock -- likely began buying shares themselves to keep it afloat.
And it makes sense. The bankers don't want to see it close below the offering price. The stock closed at $38.27 -- below where it opened, and just above the offering price. For the bankers, this was not casual Friday.
I heard FB stock had to be shored-up to stop it from falling further.
Loss of biodiversity appears to impact ecosystems as much as climate change, pollution and other major forms of environmental stress, according to a new study from an international research team...
Loss of biological diversity due to species extinctions is going to have major impacts on our planet, and we better prepare ourselves to deal with them,
Shouldn't new species just evolve? Everyone evolved from nothing. So from your position you must argue that it is possible for all extinct creatures to re evolve at some point in time.
"I waste no time rebutting creationists or alchemists, either. Monktons blather is garbage, not science, and not worthy of my comment and no more worthy of space than witchcraft or voodoo on this site either."
Other comments that followed protesting his fatuous drivel became so unruly that the thread was closed by the editor. It caused me to think about the idiocy of the perpetual debate between climate activists and deniers, and compare it to all the palaver and bombast over religion. Does anybody any longer debate Thor's existence - or that of the many deities of ancient Egypt, or Rome? Surely there have been a greater number of gods invented than all the myriad tribes which have existed throughout human history...and no doubt the adherents of those hundreds, maybe thousands of obsolete religions believed just as fervently in the omnipotence of their gods as Christians, Muslims, and Jews do today.
Doesn't that mere fact make it beyond obvious that belief in gods is utterly specious, and invented by humans for their own purposes (usually nefarious)? Frankly, it amazes me that otherwise intelligent, educated contemporaries can profess a belief in any sort of god when it's so abundantly clear that people just make that s**t up."
mcgowanjm posted on 2012-05-20 6:59:47 ET Reply Trace Private Reply Edit #39. To: All (#38)
"The natural world is far too permanently degraded for anything like the number of people now on earth to survive without industrial agriculture and that is a fragile trail dependent upon stable supplies of fertilizer, pesticides and oil for transport that is going to end suddenly leading to unpredictable social unrest. JMG(John Michael Greer/The Archdruid Report) doesnt want to hear about that though or maybe he just wants to sell books.
It seems like this wrangling is an example of the usual rift between groups that have surprisingly little overlap the environmentalist/ecology types, the peak oil types, the overpopulation types and last but not least the climate change types.
Im leaving out the really fringe conspiracy theorists you know, contrails, New World Order, and the cultist Mayan prophecy types and the financial doomers who dont seem to understand that the economy depends upon the biosphere and the goods and services it provides".
"All the former groups are also divided between those who expect a fast crash and those who are wedded (like JMG) to the notion that it will be gradual and can be prepared for (and even profited from). To me, that underestimates the very real prospects no, I should say now they are inevitabilities
that disasters will soon ensue that are simply unsurvivable for the vast majority of humanity and the other species who share this Earth, especially when you factor in the likely response people will have to widespread catastrophes, especially violent weather, food shortages and no power. Im expecting enormous wildfires engulfing towns and cities, for example, which weve already had a taste of. Theres a lot of tinder out there, and hot weather coming"."
mcgowanjm posted on 2012-05-20 7:08:58 ET Reply Trace Private Reply Edit #40. To: All (#39)
"The warmth is expected south of a line stretching from middle New Jersey to southern Idaho. Only tiny portions of northwestern U.S. and Alaska are predicted to be cooler than average and that's only for June, not the rest of the summer."
"Last May until April was the hottest 12-month period on record for the nation with records going back to 1895. This year so far has seen the hottest March, the third warmest April and the fourth warmest January and February in U.S. weather history. And it was one of the least snowy years on record in the Lower 48. Some people called it the year without winter."
mcgowanjm posted on 2012-05-20 7:10:01 ET Reply Trace Private Reply Edit #41. To: All (#40)
In 1938 the Germans decided Czechoslovakia would be a nice addition to the decor and the British and French governments reluctantly agreed: since then the US private- and public sectors have spent (borrowed) over
$55 trillion!
Additional amounts on the order of hundreds of trillions have been pledged. Most of this $55 trillion has been spent (borrowed) during the past thirty years, an increasing part of it to service and retire older debts. Dont be fooled: the US was born out of British debt and the industrial revolution. Ours is a government for, by and about debt: without it and the associated spending there would be no United States of Anything only deer, coyotes and poor people.
This escalating US military presence is bound up with the Obama administrations indispensable role in propping up the regime that took power in June 2009 with the military overthrow of Hondurass elected president Manuel Zelaya and his forced exile from the country. Washington brokered the deal that led to elections held under the auspices of the coup regime, bringing the right-wing president Porfirio Lobo to power. Those who staged the coup, subsequently carrying out killings, torture and thousands of illegal detentions, have enjoyed complete impunity, while wholesale attacks on democratic and social rights continue unabated.
Since Lobo took office, 23 Honduran journalists have been murdered, the latest being Alfredo Villatoro, the news director for HRN, one of the countrys principal radio stations, whose body was found one week after he was kidnapped on May 9. His was the second murder of a journalist just in the last 11 days. The wave of violence unleashed against peasants, workers, political activists and human rights advocates after the coup has also continued.
2 NATO Troops Killed in Afghanistan Rocket Attack VOA News
May 18, 2012 - NATO says a rocket attack in eastern Afghanistan has killed two of its service members.Local coalition officials say six other NATO troops were slightly wounded in Friday in the Nari district of Kunar province. So far this year, at least 154 coalition service members have been killed in Afghanistan....
9 US invaders killed, 8 injured in attack on enemy base; 12 tanks destroyed Zabihullah Mujahid E-mail Print PDF Saturday, 27 Jamadil Akhir 1433 Saturday, 19 May 2012 17:54
KUNAR, May 19 Early on Friday, Mujahideen of the Islamic Emirate conducted an intense onslaught on invaders military base in Nari district of Afghanistans Kunar province, a Mujahideens official said on Friday, adding that Mujahideen used rockets, missiles and heavy machine guns taking the base under attack for about an hour setting the base facility on fire and killing more than 9 invaders as well as wounding another 8, whereas 12 of enemys tank caught fire and burned down.
Witnesses to the scene saw flame rising from the base and the ambulance helicopters landing at the site to evacuate the dead and wounded from the area.
US terrorists base attacked with heavy arms fire Zabihullah Mujahid E-mail Print PDF Sunday, 28 Jamadil Akhir 1433 Sunday, 20 May 2012 10:40
KUNAR, May 20 Mujahideen of the Islamic Emirate attacked the invaders military base in Ghazi Abad, Knur province on Sunday morning, whereas no losses of life and injury have been confirmed yet.
Once listed, all private and public projects that could potentially contribute to a "taking" of the HS species should be immediately halted and reviewed. The critical habitat of the HS species must also be preserved by identifying and protecting "all lands, water and air necessary to recover the endangered species". Given the urgency of this extinction threat to HS - a significant portion of its range could potentially be decimated or wiped out within 50 years - the FWS and other associated federal agencies must act quickly to list the species as endangered and take the necessary measures to preserve it.
Human - Wikipedia, the free encyclopedia en.wikipedia.org/wiki/HumanCached - Similar
The species binomial Homo sapiens was coined by Carl Linnaeus in his 18th ... "Modern humans" are defined as the Homo sapiens species, of which the only ... Human evolution - Timeline of human evolution - Homo sapiens idaltu - Homo
Post Tue May 22, 2012 9:38 pm by mcgowanjm Someone is lying as I type this.
You pick 'Em.... :twisted:
16 US-NATO invaders killed, 13 injured in Khost battle Zabihullah Mujahid E-mail Print PDF Tuesday, 01 Rajab 1433 Tuesday, 22 May 2012 18:51
KHOST, May 22 A report says that on Monday morning, US helicopters landed at Gir, an area on the outskirsts of Musahi district, Kabul province and a large number of the invading troops disembarked in an attempt of raid the Mujahideen based in the area but the enemies fell into Mujahideens previously laid ambush in which as many as 60 Mujahideen of the Islamic Emirate were lying in ambush which unleashed a daylong fighting, ending up killing at least 16 US-NATO invaders and wounded 13 more who were evacuated by the ambulance helicopters.
One of the Mujahids was martyred and two more wounded in the resulting firing during the firefight.