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:1373418 Comments:2390
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 sorry—when 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. Monkton’s 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) doesn’t 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.
I’m leaving out the really fringe conspiracy theorists – you know, contrails, New World Order, and the cultist Mayan prophecy types – and the financial doomers who don’t 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. I’m expecting enormous wildfires engulfing towns and cities, for example, which we’ve already had a taste of. There’s 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. Don’t 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 administration’s indispensable role in propping up the regime that took power in June 2009 with the military overthrow of Honduras’s 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 country’s 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 Afghanistan’s Kunar province, a Mujahideen’s 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 enemy’s 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 Mujahideen’s 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.
" In Island, Aldous Huxley wrote: “Armaments, universal debt, and planned obsolescence - those are the three pillars of Western prosperity. If war, waste, and moneylenders were abolished, you'd collapse. And while you people are overconsuming the rest of the world sinks more and more deeply into chronic disaster.”
So, I invite you to read a chilling undercover accounting that imparts a visceral impression of what it's like to be a wage-slave in modern America, at Mother Jones. It's a wonderful companion to pair with this brief but pointed TED talk, which has been censored. The transcript is here. There's been a lot of discussion about why TED refused to post this talk on their site. Their curator, Anderson, who has scrambled for plausible explanations offered this one in an email:
"...But even if the talk was rated a home run, we couldn't release it, because it would be unquestionably regarded as out and out political. We're in the middle of an election year in the US. Your argument comes down firmly on the side of one party. And you even reference that at the start of the talk. TED is nonpartisan and is fighting a constant battle with TEDx organizers to respect that principle...."
-Wit's End.
BTW...Wit's doesn't get that billionaires support TED and TED will not bite the hand that feeds them....;}
mcgowanjm posted on 2012-05-23 7:57:32 ET Reply Trace Private Reply Edit #64. To: All (#63)
but they also committed numerous crimes by stealing his hives and equipment and destroying pertinent evidence before a hearing, which Ingram believes may have ultimately been rooted in a deliberate conspiracy by the state to hide the truth about Roundup, and subsequently steal his most vibrant bees. IDofA appears to have targeted Ingram for his research linking Roundup to CCD
Of particular interest was Ingram’s extensive research on Monsanto’s Roundup herbicide, which began several years ago when hundreds of Ingram’s hives had died. He later determined that Roundup sprayings near his property were to blame, which prompted him to actively research the subject and closely monitor his hives in conjunction with this research from that point onward.
What he gathered, and subsequently taught to others, was concrete evidence that Roundup kills bees. He also used this information and his many years of experience to develop and refine ways of growing strong, chemical-free bees in spite of Roundup sprayings, a move that apparently upset IDofA, which operates primarily to serve the interests of chemical companies rather than the interests of the people.
Be sure to read the full Prairie Advocate story about Terry Ingram, which includes a video interview, here: http://www.pacc-news.com/5-2-12/heart_ingram5_2_12.html
Sources for this article include:
www.pacc-news.com/5-2-12/heart_ingram5_2_12.html
www.agr.state.il.us/programs/bees/inspectors.html
www.naturalnews.com
www.naturalnews.com/Roundup.html
mcgowanjm posted on 2012-05-23 8:00:20 ET Reply Trace Private Reply Edit #65. To: All (#64)
H-P will post fiscal second-quarter results following media reports that the company was going to eliminate 25,000 to 30,000 jobs, or up to 10% of its workforce. The Palo Alto, Calif.-based company will present both its results and restructuring plan after the closing bell, the source told MarketWatch.
The rich don't create jobs.
They cut them.
mcgowanjm posted on 2012-05-23 8:01:01 ET Reply Trace Private Reply Edit #66. To: mcgowanjm (#65)
H-P will post fiscal second-quarter results following media reports that the company was going to eliminate 25,000 to 30,000 jobs, or up to 10% of its workforce. The Palo Alto, Calif.-based company will present both its results and restructuring plan after the closing bell, the source told MarketWatch.
The rich don't create jobs.
They cut them.
The 1% is interested in Revenue. And when the entire world is your labor pool, you don't necessarily create jobs HERE. This is very simple, and was described years ago as The Race To The Bottom.
Hewlett-Packard to axe up to 30,000 jobs (Remember Meg Whitman?) Score: 97 Post Date: 2012-05-18 10:02:55 by Robin 0 Comments Computer and software company expected to cut 8% of workforce as consumers ditch bulky PCs in favour of tablets Rupert Neate guardian.co.uk, Friday 18 May 2012 04.47 EDT May 2012 04.47 EDT HP chief executive Meg Whitman is set to announce a restructuring plan next week. Photograph: ChinaFotoPress via Getty Images ...
Robin posted on 2012-05-23 8:07:51 ET Reply Trace Private Reply #67. To: Robin (#66)
No one's creating jobs anywhere.
China's collapsing.
Watch for the 'migration' reports of 10's of millions moving back into the hinterland.
To only discover that the Hinterland has been ecocided.
During those two terrible years between Kerry’s statement and the end of US combat operations, American soldiers stationed in Vietnam knew that the war was lost, and knew they were there for no reason other than keeping President Nixon from looking like he had lost a war, particularly as he faced re-election during the campaign year of 1972. There was, understandably, massive resort to drugs, including marijuana, opium, heroin, LSD and others, as well as alcohol. There was the fragging of commanding officers who were too aggressive about sending their troops into danger. There was insubordination and insurrection and there was desertion.
Now consider the situation in Afghanistan. Once again a war has been lost by the US, this time to forces far weaker and more poorly organized than the Viet Cong and the North Vietnamese army. Once again American troops are being asked to keep fighting for a mistake -- this time the 2001 fantasy of the Bush/Cheney administration that it could make a client state out of Afghanistan, a mistake that President Obama doubled down on after taking over the White House, when he called Afghanistan the "good war" and committed another 30,000 troops there, plus ordering up an aggressive kill campaign of night raids, assassinations and the heavy use of pilotless armed drone aircraft.
The Spanish banks are in the redline, the regional governments are past the point of peril and the Federal government has neither the capital nor the ability to raise the amount of money that is required. In the greatest of Spanish traditions the Prime Minister is engaged in a fight to the death as he tells all who will listen that it is nothing but windmills."
we are willing to update the offending post if George Tierney of Greenville South Carolina makes a public apology to Sandra Fluke, and not one of those bullshit, “I apologize if you were offended because I called you a under-rock-dwelling dick sucking cunt” kind of apologies. No, that will not do.
The Downward Spiral: The Internet's Awesome Power To Humiliate billhicksisdead.blogspot....esome-power-to-humiliat...
45 minutes ago – I am the george tierney that made the comments to sandra fluke, not to you..take it off google. ... we are willing to update the offending post if George Tierney of Greenville South Carolina makes a public apology to Sandra Fluke, and not one of those bullshit, “I apologize if you were offended because I called ...
3 days ago – And here is Sandra Fluke's response to George Tierney of Greenville South Carolina's aforementioned Magic with George Tierney of ...
mcgowanjm posted on 2012-05-24 7:55:16 ET Reply Trace Private Reply Edit #71. To: All (#70)
Update5/22: The Saga continues)
Update on the update 5/22: The final episode. Or is it…?
Hi. I’m back and, no, I didn’t bring presents.
So where were we?
Oh yes. Recently (May 8th to be exact) I did a post on potty-mouthed golf caddy George Tierney of Greenville South Carolina who, for some reason, took offense when Sandra Fluke went on Twitter and voiced her support for a bill that would protect the rights of working women when they get pregnant.
Let’s relive The Magic That Is George Tierney of Greenville South Carolina When He Talks To The Ladies, shall we? :
2 days ago – TBogg has a post up over at Firedoglake that is balls-to-the-wall hilarious. You see, George Tierney of Greenville, South Carolina doesn't quite ...
Just as most American mistakenly believe their country has the highest living standard in the world, they also swear that the U.S. is the ultimate in democracy. They also realize that the Golden Rule applies, here: those who have the gold, rule. But the contradiction does not phase them. And, largely because Americans cling to the myth of democracy rather than face the fact of plutocracy, "we know for certain that we will end up with a corporatist president who will keep our country and the world in a perpetual state of war."
Most Americans are convinced, mistakenly, that they live in a democratic nation."
Margaret Kimberley's Freedom Rider column appears weekly in BAR, and is widely reprinted elsewhere. She maintains a frequently updated blog as well as at
we are willing to update the offending post if George Tierney of Greenville South Carolina makes a public apology to Sandra Fluke, and not one of those bullshit, “I apologize if you were offended because I called you a under-rock-dwelling dick sucking cunt” kind of apologies. No, that will not do.
The Downward Spiral: The Internet's Awesome Power To Humiliate billhicksisdead.blogspot....esome-power-to-humiliat...
45 minutes ago – I am the george tierney that made the comments to sandra fluke, not to you..take it off google......
Thursday, May 24, 2012 "JPMorgan’s Senior Officers’ Addiction to Gambling on Derivatives" by William K. Black:
"Big wins from gambling in financial derivatives can only come from enormous, extremely risky gambles. A bank that makes enormous, extremely risky gambles is a bank that desperately needs to have its senior management team removed – immediately – and that is true regardless of how those bets turn out in any particular year. There is no conceivable social purpose to providing the explicit federal subsidy of deposit insurance and the (much larger) implicit federal subsidy of “too big to fail” that all SDIs enjoy to a bank so that it can take massive gambles on financial derivatives.
The Jamie Dimons of the world know that if they win the gambles they will be made immensely wealthy and that when they lose the gambles massively the federal government will bail them out.
Every gamble a federally insured bank (or an implicitly guaranteed SDI) takes is a gamble with government money. Bank leverage is always extreme in the modern era; it vastly exceeds the reported (and often inflated) capital. The government is the true creditor through its explicit and implicit guarantees of the bank’s creditors."
The Rich are job Creators.
Well, except if you're Meg Whitman and HP.....Lulz....;}
Had some hellacious knock down drag outs with some Top 1%er's who were adamant that New Orleans would recover and be better than ever......
Told ya New Orleans was dead.
Katrina and the MS River Flood and the USbpEcocide.
That'll do it everytime.
New Orleans May Soon Become First Major City Without A Daily Newspaper
The New Orleans Times-Picayune is facing massive budget cuts, including "wholesale layoffs" and a reduction in the publishing schedule that would leave the city without a daily print newspaper. The report from David Carr of The New York Times says that the paper's owner, Newhouse Newspapers, will likely cut the publishing days to two or three a week and replace or let go many of its top editors. According to the website Best of New Orleans, reporters who do stay will face "sharp salary cuts" and be expected to post most of their content online at the paper's website, Nola.com.
Pre OWSER movement, I was calling the Bottom 99%, the Bottom 90%....
Mainly because after 90%, you start getting into Chaos Theory numbers.....on the way to 100% which you never reach....;}
So saying the Top 1%, when really the fucker's so skewed that you can ID the Top 10 000 from their IRS forms (the reason IRS does NOT break them out.....
1. TPF: *The War Room with Jen... : Tammy Baldwin on what's at risk ... http://the-peoples-forum.com/cgi...rt.cgi?ArtNum=28121Cached You +1'd this publicly. Undo Apr 19, 2012 – But the Bottom 90% will be told how these two sides worked things out. mcgowanjm posted on 2012-04-19 8:14:20 ET Reply Trace Private ... Poverty, Joblessness, and the Job Guarantee - The People's Forum - Aug 11, 2011 TPF: Seeking Arrangement: College Students Using 'Sugar ... - Aug 1, 2011 Wonkette Learns About the Balance Sheet Recession - The ... - Jul 13, 2011 TPF: Stephen Lendman: America's War on Libya - Mar 6, 2011
More results from http://the-peoples-forum.com » 2. LF: Mcgowanjm Wire http://libertysflame.com/cgi-bin...rtNum=28205&Disp=33Cached You +1'd this publicly. Undo Feb 26, 2012 – Title: Mcgowanjm Wire ..... their after-tax percentage of our nation's total income, while the bottom 90% have seen their share drop over 20%. 3. LF: Mcgowanjm Wire http://www.libertysflame.com/cgi...cgi?ArtNum=28205...Cached You +1'd this publicly. Undo Feb 26, 2012 – Title: Mcgowanjm Wire .... "Lower-than-expected health care use has helped insurers in the .... And one more thing the Bottom 90% don't get. "# ... 4. LF: Mcgowanjm Wire http://www.libertysflame.com/cgi...i?ArtNum=28205...54Cached You +1'd this publicly. Undo Feb 26, 2012 – Title: Mcgowanjm Wire .... The Intelligentsia of the Bottom 99. ... percentage of our nation's total income, while the bottom 90% have seen their ... 5. TPF: Seeking Arrangement: College Students Using 'Sugar Daddies ... ► 0:46► 0:46
http://the-peoples-forum.com/cgi-bin/readart.cgi?ArtNum...Aug 1, 2011 - 46 sec Top • Page Up • Full Thread • Page Down • Bottom/Latest · #1. To: Robin (#0) ... How about the Federal Reserve ... More videos for mcgowanjm the bottom 90% » 6. The Oil Age | Peak Oil | LATOC • Gasoline Prices : Peak Oil Breaking ... 8. Get more discussion results 9. The Oil Age | Peak Oil | LATOC • AP - Wealth gap widens between ... www.theoilage.com/ap-weal...hites-minorities...Cached You +1'd this publicly. Undo 10 posts - 5 authors - Jul 26, 2011 The Bottom 90% are just arguing who's the. House Slave and who's in the Field. mcgowanjm. User avatar. VIP VIP. Posts: 4265. Joined: Tue ... Get more discussion results 10. British Petroleum 2010 Statistical Review of World Energy : Peak ... peakoil.com/forums/post999630.htmlCached You +1'd this publicly. Undo 11 posts - 5 authors - Jun 10, 2010 The has been released by our favorite oil co. The first thing that struck ... Like why do we Bottom 90%ers believe anything that this now Proven ... Get more discussion results 1 2 3
And if you want the actual Transmission Belt of the Political Machine and how the Plutarchy has captured DC....
"Speaking fee money isn’t just money, it is easy money. In one appearance, for one hour, Clinton can make $125,000 to $500,000. At an hourly rate, that’s between $250 million to $1 billion annually. It isn’t the case that Clinton is a billionaire, but it is the case that Clinton can, whenever he wants, make money as quickly and as easily as a billionaire. He is awash in cash, and cash is useful. Cash finances his lifestyle. Cash helped backstop his wife’s Presidential campaign when it was on the ropes.
And these speaking fees aren’t the only money Clinton got, it’s just the easiest cash to find because of disclosure laws. Apparently, Clinton’s firm apparently had a paid $100k+ a month consulting relationship with MF Global, and Clinton and Tony Blair have teamed up to help hedge funds raise money. His daughter worked for a giant hedge fund and political ally (Avenue Capital). And Clinton has unusual relationships with billionaires and Dubai-based investors.
Bill and Hillary Clinton are the best at what they do, but they aren’t the only ones who do it. In fact, this is what politics is increasingly about, not elections, but staying in the club.
Erskine Bowles, former White House Chief of Staff, lost two Senate elections. But he’s on the board of Facebook and Morgan Stanley, as well as authoring the highly influential Simpson-Bowles plan to gut Social Security and Medicare. Tom Daschle, who lost a Senate race in 2004, is a millionaire who in large part crafted Obama’s health care plan.
Former Senator Judd Gregg is now at Goldman Sachs. Current Chicago Mayor Rahm Emanuel made $12 million in between his stint at the Clinton White House which ended in 2000 and his election to Congress in 2002.
Former Congressman Harold Ford, now at Morgan Stanley, is routinely on TV making political claims. Larry Summers is on the board of the high-flying start-up Square.
Meanwhile, Russ Feingold, a Senator who did go after Wall Street, is a professor in the Midwest. Eliot Spitzer is a struggling TV host and writer."
The concept of backwardation is simple. It is when people accept a future promise to deliver only at a discount to physical stuff handed over right now. This could be when there is a shortage, such as wheat before the harvest. Or in the case of gold, backwardation signifies a collapse in trust. But isn’t this the same phenomenon of a tectonic rift between paper dollars and electronic deposits?
In a certain sense, the “money you can fold” behaves like a physical commodity, a present good (I realize I am stretching the concept here more than a bit). The electronic deposit credit is most definitely a future promise. In my gold backwardation thesis, the action begins with the offer on the futures contract falling below the bid on spot gold. The bid-ask spread on spot gold widens, as the offer is relentlessly advancing, pulling the bid behind it.
Speaking of things I've been typing about for a while.
That's what your, 'how long have you been using the 'Top 1%' aphorism, reminded me of.
And how none of us Dirty Fuckin Hippies EVER get credit for a God Damn thing.....;}.....even though we get the shite for it 24/7....;}.
And so I was looking at a finite planet with an exploding human footprint article, with oil production flat since 2005, and thought of the desperation of Big Oil.....
which IMMEDIATELY brought to mind the USbpEcocide.
I started to google for bp PO, because everyone knows what PO is.... thanx to us Dirty Fuckin' Hippies....
But GOOGLE does not.
Instead at the very top a 'How can bp help make the world a better place' URL.
And then ANYTHING I typed after bp brought up the same URL.
So I typed this search:
bp fucked
LMFAO
Didn't see that God Damn 'bp Helps' URL this time.
I love the word FUCKED. Has unlimited meanings but EVERYONE knows EXACTLY what you're talkin' about and in what context Every Single Time.
Long Island Press - 1 day ago Thursday 5/24/2012 10:21 AM ... By Associated Press on May 24th, 2012. LAFITTE, La. ... In Lafitte, they said the new shrimp season was off to a slow start.
The U.S.-Israel Enhanced Security Cooperation Act of 2012 is now under review by the Senate Foreign Relations Committee. …
Click for Full Text!
#1. To: Peo111 (#0)
If we survive, the Archives will be full of the following.
Replace the Leading Characters/Nations with Today's USSA/Israel fools....;}
World War I, German Dispatches and the Kaiser's Notes www.gwpda.org/1914/wilnotes.htmlCached You +1'd this publicly. Undo Apr 7, 1996 – DISPATCHES ANNOTATIONS BY THE KAISER. VIENNA, June 30, 1914. Dispatch from the Ger- man Ambassador at Vienna. (German ...
World War I, German Dispatches and the Kaiser's Notes net.lib.byu.edu/~rdh7/wwi/1914/wilnotes.htmlCached You +1'd this publicly. Undo Apr 7, 1996 – DISPATCHES ANNOTATIONS BY THE KAISER. VIENNA, June 30, 1914. Dispatch from the Ger- man Ambassador at Vienna. (German ...
REPROVES GERMAN AGITATORS.; Kaiser's Ambassador to ... query.nytimes.com/gst/abstract.html?res... You +1'd this publicly. Undo ... says the Vienna correspondent of The Times. In speaking at the German colony s banquet in celebration of the Kaiser's birthday, the Ambassador tendered ...
First World War.com - Primary Documents - Kaiser Wilhelm on ... www.firstworldwar.com/sou...kaiserscomments.htmCached - Similar You +1'd this publicly. Undo Kaiser Wilhelm II and sons Reproduced below are a series of telegrams sent by Baron Tschirschky - German ambassador in Vienna - to the German Kaiser, ...
Trenches on the Web - Timeline: Jul-1914: The July Crisis www.worldwar1.com/tlplot.htmCached - Similar You +1'd this publicly. Undo Jan 15, 2000 – German Ambassador to Vienna, Count Heinrich von Tschirschky, warns ... The twenty day cruise had been planned for months and the Kaiser ...
mcgowanjm posted on 2012-05-26 8:23:00 ET Reply Trace Private Reply Edit #2. To: Peo111 (#0)
Charlie Madison via Arthur Silber...powerofnarrative blog:
"Many Americans, at least those who prefer to think of themselves as intelligent and well-informed, are willing to laugh at their own idiocies.
They are not so ready to admit that their desperately loved self-conception, an idealized view of themselves and their country that they cling to with the neurotic terror of the criminal who fears exposure at any moment,
disguises a fact that has assumed awful, overwhelming clarity to much of the rest of the world: that Americans are among the most vicious killers who have ever lived.
"It’s not war that’s unnatural to us – it’s virtue. As long as valor remains a virtue, we shall have soldiers. So, I preach cowardice. Through cowardice, we shall all be saved.
...
I don’t trust people who make bitter reflections about war. ... It’s always the generals with the bloodiest records who are the first to shout what a Hell it is.
And it’s always the widows who lead the Memorial Day parades … we shall never end wars ... by blaming it on ministers and generals or warmongering imperialists or all the other banal bogies.
It’s the rest of us who build statues to those generals and name boulevards after those ministers; the rest of us who make heroes of our dead and shrines of our battlefields. We wear our widows’ weeds like nuns and perpetuate war by exalting its sacrifices. My brother died at Anzio – an everyday soldier’s death, no special heroism involved.
They buried what pieces they found of him. But my mother insists he died a brave death and pretends to be very proud.
I don’t trust people who make bitter reflections about war. ... It’s always the generals with the bloodiest records who are the first to shout what a Hell it is. And it’s always the widows who lead the Memorial Day parades … we shall never end wars ... by blaming it on ministers and generals or warmongering imperialists or all the other banal bogies. It’s the rest of us who build statues to those generals and name boulevards after those ministers; the rest of us who make heroes of our dead and shrines of our battlefields. We wear our widows’ weeds like nuns and perpetuate war by exalting its sacrifices. My brother died at Anzio – an everyday soldier’s death, no special heroism involved. They buried what pieces they found of him. But my mother insists he died a brave death and pretends to be very proud.
...
[Y]ou see, now my other brother can’t wait to reach enlistment age. That’ll be in September. May be ministers and generals who blunder us into wars, but the least the rest of us can do is to resist honoring the institution. What has my mother got for pretending bravery was admirable? She’s under constant sedation and terrified she may wake up one morning and find her last son has run off to be brave.
Post Sat May 26, 2012 8:31 am by mcgowanjm Re: 2012 Annual Energy Outlook (AEO2012) Early Release Refer
Picasso Moon wrote:Jeffrey Brown's recent posting also thoroughly trashed EIA numbers, see separate thread.
And Gail Tverberg doesn't get it. Per EnergyBulletin.
Image
Figure 3. Crude oil production vs Brent oil spot price, in US $, based on EIA data.
Even with the higher production in 2012, and with growing “other liquids” production (not shown), crude oil production has not been sufficient to bring oil prices back to the $60 a barrel or less range that we were comfortable with prior to 2006.
She also states:
"According to EIA data, crude oil production in 2005 averaged 73.6 million barrels a day. It has grown very little since then. Crude oil production for 2011 averaged 74.0 million barrels a day. In the first two months of 2012, crude oil production was higher yet, averaging 75.6 million barrels a day."
Bakhtiar: "Once you're pumping flat out, reserves are meaningless.'
And of course never an EROEI breakout of these numbers.
So my SocioPoliticalOilWatershed theory (TM;):
That Every oil discovery/production watershed is marked EXACTLY and INSTANTLY by a SocialPolitical Event.
On the way up the parabolic and so on the way down.
And per Orlov, the 'On the Way Down' part of the curve is going to be messy Non Linear.
Could happen at anytime.
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mcgowanjm
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Post Sat May 26, 2012 8:40 am by mcgowanjm Re: 2012 Annual Energy Outlook (AEO2012) Early Release Refer I'm thinking of revising my reversion price to $22 the BBL, but I'll stick with my present price of
$40 the BBL until I see how the Non Linear break pans out..... :roll: :twisted: :? 8-)
Title: The Associated Press: 2 years later, fish sick near BP oil spill site Source: AP Author: CAIN BURDEAU Date: Apr. 19, 2012
Open sores. Parasitic infections. Chewed-up-looking fins. Gashes. Mysterious black streaks. Two years after the drilling-rig explosion that touched off the biggest offshore oil spill in U.S. history, scientists are beginning to suspect that fish in the Gulf of Mexico are suffering the effects of the petroleum.
The evidence is nowhere near conclusive. But if those suspicions prove correct, it could mean that the environmental damage to the Gulf from the BP disaster is still unfolding and the picture isn't as rosy as it might have seemed just a year ago.
And the damage may extend well beyond fish. In the past year, research has emerged showing deep-water coral, seaweed beds, dolphins, mangroves and other species of plants and animals are suffering. [...]
