tag:blogger.com,1999:blog-7806136543904112143.post278447245646757828..comments2023-10-30T09:23:42.803-05:00Comments on Some Assembly Required: SAR #9351Charles Kingsley Michaelson, IIIhttp://www.blogger.com/profile/04364694465614330540noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-7806136543904112143.post-75958701193046203472009-12-18T12:59:17.911-06:002009-12-18T12:59:17.911-06:00The government has thrown so much money at the pro...The government has thrown so much money at the problems that it has temporarily stabilized the economy. But this comes with a lot of consequences, and the current expansion of the money supply is not sustainable because it will kill the value of the dollar and create a big inflation problem in a few years. That is why I feel gold is one of the best asset classes to invest in currently given its safe haven status and that it is denominated in dollars. Here is a further discussion on these issues and its potential effects on the <a href="http://www.goldalert.com/" rel="nofollow">Gold Price Wobbles Under $1,130 But U.S. Dollar Future Bleak</a>, which analyzes the relationship between the dollar, the gold price, and gold mining companies as a result of the Federal Reserve's monetary policies. I thought it was especially helpful for investors to read to get a better sense of the inter-connectedness between these asset classes given all the uncertainty in the economy.Unknownhttps://www.blogger.com/profile/13775653942561818932noreply@blogger.comtag:blogger.com,1999:blog-7806136543904112143.post-56288358271416818962009-12-16T16:52:06.863-06:002009-12-16T16:52:06.863-06:00I do believe that the plutocrats have bought in to...I do believe that the plutocrats have bought in to the end of expansion as the natural order. In an expanding world, profit, or rather the illusion of, can be used as a preferred method of plunder. A steady or contracting state of affairs means that gains for some have to be losses for others. <br /><br />tarp trap crap: we 'got' our social contract downsized and outsourced, we got our eyes opened to the way the game is really played,and we got a new set of acronymsTulsaTimenoreply@blogger.comtag:blogger.com,1999:blog-7806136543904112143.post-41658087931344055252009-12-16T12:16:45.277-06:002009-12-16T12:16:45.277-06:00EH - I knew better when I wrote the damned thing, ...EH - I knew better when I wrote the damned thing, but "global warming to global cooling" just balanced so much better than "global warming to a disruption in the Northern Hemisphere's heat distribution networks." Style over substance, just like in Washington...<br />ckmCharles Kingsley Michaelson, IIIhttps://www.blogger.com/profile/04364694465614330540noreply@blogger.comtag:blogger.com,1999:blog-7806136543904112143.post-86886008906007126802009-12-16T11:24:42.069-06:002009-12-16T11:24:42.069-06:00Re: On a dime
If the gulf stream is slowed by the...Re: On a dime<br /><br />If the gulf stream is slowed by the melting of Greenland, it will not cause global cooling. The cooling would be the most in western Europe. All that heat that the gulf stream moves now will still be in the biosphere; it will just be somewhere else. <br /><br />The only way the globe would cool more is if snowfall increased dramatically to reflect more sunlight. Given that the existing warming and the black carbon are fighting strong deterrents to lots of snow, that it unlikely.Eric Hackerhttps://www.blogger.com/profile/03288021379443566141noreply@blogger.comtag:blogger.com,1999:blog-7806136543904112143.post-13129431725369507002009-12-16T11:16:08.547-06:002009-12-16T11:16:08.547-06:00lineside:
This financial fiasco (I don't know...lineside:<br /><br />This financial fiasco (I don't know what we should be calling it these days--thoughts CKM?) draws the disgust of the entire political spectrum. <br /><br />In my darker hours, it doesn't matter because my own personal nihilism precludes hope altogether. However, in the few moments when perhaps the Christmas lights brighten an otherwise dreary northwestern evening, I can imagine it uniting those silly rationalistas into doing something about it. It certainly has become a unifying set of events for those who are paying attention and avoiding the hyperbolic political grandstanding on the 24 hour cable news cycle. <br /><br />It may yet become even more so--especially given that government at all levels have certainly decided to throw in their lot against their constituents.Mark Derricotthttps://www.blogger.com/profile/14591710456324015000noreply@blogger.comtag:blogger.com,1999:blog-7806136543904112143.post-13389824031740352382009-12-16T07:49:04.234-06:002009-12-16T07:49:04.234-06:00ck:
re "trapped" and other items touchi...ck:<br /><br />re "trapped" and other items touching on the financial crisis/bailout:<br /><br />we should have let the banks' shareholders, creditors and management take the pain, as is supposed to happen when businesses fail. instead, we have taxpayers taking the pain and bankers borrowing from the fed for 0% and lending it back to the taxpayer at interest, making billions in the process!!<br /><br />our elected representatives, in both parties, are either stupid or corrupt in letting this happen. i believe they are both. it is indeed a ripoff unlike any seen in modern history. <br /><br />and ck you should know that those of us that lean somewhat to the right are as disgusted by this and as hopping mad as anyone on the left.-<br /><br />cheers.linesidenoreply@blogger.comtag:blogger.com,1999:blog-7806136543904112143.post-77024082643868344132009-12-16T07:48:41.354-06:002009-12-16T07:48:41.354-06:00TRAP:
The Circle of Fraud: Banks leave TARP, Pays...TRAP: <br />The Circle of Fraud: Banks leave TARP, Pays out Huge Bonuses, then "lose" more money and go back into TARP-II next year, around March probably, then transfer the next tranche of TARP loot to the bonus account, out of TARP-II, pay huge bonuses ... e.t.c.fajensennoreply@blogger.com