Thursday, April 15, 2010

SAR #10105

Failure is individual, keep a bag packed.

When Will They Ever Learn? Retail sales are up 1.6% m/m and up 8.2% y/y.  Where is the money coming from?  Who keeps giving these people credit, and why?

Full Faith & Credit:  Given current and projected levels of US debt, in Gold We Trust may be both inevitable and disillusioning. ' Fiat' is the government's way of saying take it or leave it.

A List:  Most Americans see the financial system being as corrupt as the political system.  They are right.  The American Dream (and American's money) is being brazenly stolen in plain view on the public square.  Start with the acknowledged manipulation of the gold and silver markets, as well as the prices of most commodities and futures.  Include the fake and non-existent gold bars in depositories, no prosecution for thievery at the top or for cheating the customers and screwing municipalities here and abroad. Don't forget to include accountant-assisted theft, fraud and insolvency, our Ponzi's-are-US  Fed and Treasury, and a usurious 29% as the normal interest rate on credit cards.  We are all living on the never-never in a world that shouldn't be.  But the market's up 100 points.

Fools R US:  Stealing the Fed Chairman's traditional role as First Cheerleader, Treasury Secretary Geithner has announced that every day in every way everything is getting better and better , faster than expected and faster than any other developed economy. We’re number one!

Once More, With Feeling:  We just finished – globally – the hottest March on record (2 data sets) or tied for the hottest (NASA data).  It was the hottest first quarter according to all three sets of measurements.  This is especially noteworthy because we have been in “the deepest solar minimum in nearly a century.”  Of course I was paid by the world-wide conspiracy of scientists to say that.

"Materially Misleading":  As it was sinking beneath the waves of mismanagement, Lehman Brothers created a company called Hudson Castle and used it to shuffle investments off its books as it collapsed. Hudson Castle pretended to be an independent entity, but it was controlled by Lehman. Hudson Castle borrowed money and then lent it to Lehman. Wonder who got to keep the profits.

Hamsters: After huffing and puffing as hard as possible, the government's efforts at resuscitating the underwater homeowner has resulted in 75% of those “helped” by programs like HAMP being still underwater.  Drowning in shallower water is counted as a success.

Really Darjeeling:  Just like Boston in 1773, the great unwashed are being manipulated by cries of patriotism and unfair taxation for the benefit of the rich and powerful.  Once again it is the moneyed leading the ignorant toward goals they do not comprehend.

Resolution and Reform:  The economists say American households are trying to reduce debt levels.  But slowly.  Household debt has dropped from 96% of GDP in 2007 to 94% of GDP in 2009.   Sticky.

Silver Lining:  If you cut out eating fruits and vegetables and stop driving your car around, your world is deflating.  Even with these included, the CPI went up only a measly 0.1% in March.  You can put off worrying about hyperinflation till next week.

Quoted: “The planet on which our civilization evolved no longer exists.” Bill McKribben.  Read it and weep.


Anonymous said...

RE: Once More, With Feeling

Once more, confusing weather with climate.

Anonymous said...

Global temperature is not localized weather (like, for instance, a snowstorm is).

Charles Kingsley Michaelson, III said...

A.1011 is quite right, while A.844 fell for the trap. The item was posted to get a rise out of the drudge/palin/denialist crowd who mistook a couple of snowy Saturdays for the end of global warming - the excess snow being an artifact of additional moisture being sucked out of large bodies of water by warming. But this starts to verge into facts and science and we really want to avoid that.



yeepers, ya gotta watch out fer those snake oily scientists with there facts and polly uum....words with more than one syll.......those big words.

Anonymous said...

A List: Most Americans see the financial system being as corrupt as the political system....

Therefore, from what Institutions would the people come who would reform and restart the US?
I cannot think of any, least of all Universities which are held hostage to Govt subsidy and business and foundation (mostly Elite run) money. Millions of decent, honest highly specialized citizens would be needed, yet we have only a few. So, the corruption can only ACCELERATE

Anericans should also realize that the two Political Parties are nothing but criminal conspiracies to gain power and loot the Treasury. Racketeering is too kind a word.

Yet, most analysts ignore the above and drone on about interest rates, unemployment rates, multiplier effects, etc. Talk about all trees no forest.

nina said...


Ceci est une tentative de gros scandale public bien gênant et qui limite étonnement les pressions qu'on peut subir, tant j'ai dû mal à trouver un avocat malgré mes efforts, afin de régler ce problème de non respect de mes droits les plus élémentaires, ce que je le conseille à chacun qui peut avoir des ennuis avec ce gros connard de sarkozy ou sa clique de clowns de flics minables des renseignements : je suis donc en train de régler un petit problème du genre détail avec cette grosse tache de si peu président de la république Française, en lui envoyant un avocat - difficile à trouver pour un simple citoyen mais on insiste - pour mises sous surveillance illégales, lynchage numérique inspiré de bonnes vieilles méthodes qui ne déplairaient pas au ku klux klan, lynchage qui n'a mobilisé personne sur le web ou dans la presse, actes de violence et pressions à mon égard et plagiat, par une grosse pétasse, vulgaire et ridicule et qui passe à la télé, ” comme si de rien n'était ”, de mes petits textes web.

Quant a sarkozy, s'il n'aime pas le web, et s'il n'aime pas la rue qui sait, la preuve, très bien se défendre, qu'il la quitte !

PS- Bien évidemment, s'il s'agit de calomnies, et qu'en plus on trouve désagréable de se faire insulter, il ne faut surtout pas hésiter à porter plainte en retour. BLOG ETC - nina