tag:blogger.com,1999:blog-1207581886255094115.post7272505525204181448..comments2024-02-26T05:51:17.859-05:00Comments on Economic Disconnect: The Running Man; A Reality Show?EconomicDisconnecthttp://www.blogger.com/profile/02802078645713106743noreply@blogger.comBlogger22125tag:blogger.com,1999:blog-1207581886255094115.post-20568017243954341222022-08-27T13:54:58.937-04:002022-08-27T13:54:58.937-04:00v0z88z5j28 r9w15j3w29 g9b49a4g95 g7t91f5d27 o9... <a href="https://leshesl99613.blogspot.com/" rel="nofollow"><strong>v0z88z5j28</strong></a> r9w15j3w29 <a href="https://shethu63749.blogspot.com/" rel="nofollow"><strong>g9b49a4g95</strong></a> g7t91f5d27 <a href="https://teigh37171.blogspot.com/" rel="nofollow"><strong>o9p19s5i68</strong></a> n5u79v0v93toshihttps://www.blogger.com/profile/17100576999461236783noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-62335848256254037922013-06-12T22:48:06.869-04:002013-06-12T22:48:06.869-04:00On Sunday nights Erin Jaimes hosts a blues jam whe...On Sunday nights Erin Jaimes hosts a blues jam where anyone from <br />Alan Haynes to Gary Clark, Jr. Brazenhead <br />is a great place to go with your family or for a business lunch or dinner, but if you are looking for a party atmosphere, this isn't it. The decline of the East side blues scene was disheartening, but, it also gave rise to the need for a fresh start, which came in the form of the next blues-only venue, Antone's, founded by the late <br />Clifford Antone, during the summer of 1975.<br /><br />My blog; <a href="http://subhamrocky2011.jimdo.com/" rel="nofollow">pub quiz aberdeen</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-70836450201114239082013-06-07T07:04:03.825-04:002013-06-07T07:04:03.825-04:00On Sunday nights Erin Jaimes hosts a blues jam whe...On Sunday nights Erin Jaimes hosts a blues jam where anyone <br />from Alan Haynes to Gary Clark, Jr. Popular prizes include <br />sports tickets, cash and vouchers for drinks, <br />food - and dollars off of tabs. 8.<br /><br />My blog post :: <a href="http://Luxyland.Blogspot.com/2010/12/heart-full-of-wine.html" rel="nofollow">great pub quiz names</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-61874675798228458592013-06-04T20:31:36.124-04:002013-06-04T20:31:36.124-04:00Narrow blood vessels lie alongside the intestines ...Narrow blood vessels lie alongside the intestines of the earthworm and <br />they absorb the nutrients from the alimentary canal feeding the rest of the body.<br />I believe my exact words were "I don't want to be your dirty little secret. Theme Format: It is almost like standard format of the pub quiz.<br /><br />My web-site ... <a href="http://0316e38.netsolhost.com/ashas/index.php?level=picture&id=18" rel="nofollow">pub quiz archives</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-73195970922088213662013-05-28T10:46:14.034-04:002013-05-28T10:46:14.034-04:00Also, we need to determine the rounds of the quiz ...Also, we need to determine the rounds of the quiz according <br />to it. Local country clubs are offering trivia fun for as little as forty dollars <br />per couple. Ask your local club to run this for you.<br /><br /><br />Here is my web site; <a href="http://coatasite.com/story.php?title=categories-and-questions-and-pub-quiz-packages" rel="nofollow">free pub quiz and answers</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-14790538286458178902013-04-27T21:16:13.104-04:002013-04-27T21:16:13.104-04:00Also, we need to determine the rounds of the quiz ...Also, we need to determine the rounds of the quiz according to it.<br />Local country clubs are offering trivia fun for as little as forty dollars per couple.<br />The food is decent and the drink specials on Tuesdays <br />include $2.<br /><br />Also visit my homepage :: <a href="http://glitterandcarousels.blogspot.com/2012/11/models-own-nail-polish-collection.html" rel="nofollow">pub quiz amsterdam</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-49011706824924406152013-01-06T23:44:53.664-05:002013-01-06T23:44:53.664-05:00You do an excellent job in this post. keep posting...You do an excellent job in this post. keep posting. great work!!<br /><br /><a href="http://www.lalegal.ca/" rel="nofollow">loan modification program california</a> loan modification program californiahttp://www.lalegal.ca/noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-89424547201242493042010-02-10T11:41:25.959-05:002010-02-10T11:41:25.959-05:00visit, not regret
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I am with Lisa here. I am not sure what is ...Anon,<br />I am with Lisa here. I am not sure what is with the personal attack.<br />"ditch the doom prophecies and go live your life"<br />What do you think I stay up all night crying about this stuff?<br /><br />Here I offer my observations and lines of thought and I encourage all kinds of debate. I would like to keep that debate on the facts and not personal things, unless cars or football are involved!<br /><br />Lisa is correct that it sure would be easy to just swallow the massaged news and roll up a few green shoots and inhale deeply, but then is that not what those in government always prefer you to do anyway?<br /><br />I could go on, but I will leave it at that.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-47023772332872488702009-11-13T12:11:14.846-05:002009-11-13T12:11:14.846-05:00ANON-
People ARE going on with their lives. That ...ANON-<br />People ARE going on with their lives. That statement is a bit condescending to all of us who are fighting the corruption in our government. The BIG one isn't going to happen, as LITTLE KABOOM's are happening on a near-daily basis. These little ones are what many of us are fighting at THE CORE, so no such thing as a big kaboom happens. Would you rather we all ignore it and move on with our lives, while our very way of life is being destroyed? You really ticked me off, but maybe I read your comment in the wrong mood. Maybe you didn't really mean to convey what you did. Tell me I'm wrong. And use a damn name for Pete's sake.Lisahttps://www.blogger.com/profile/15843387874275045700noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-89678112665268174702009-11-12T23:27:46.494-05:002009-11-12T23:27:46.494-05:00"My time table for another credit/debt event ..."My time table for another credit/debt event is not "in the next 50 years" but in the next 1-3 years if the games do not stop."<br /><br />Here is an interesting exercise for yourself, right here, right now, set a date certain for "the big one" as you define it. Say the 3 year mark in your 1-3 years quote - such that your "kaboom" event will either happen by Nov 12, 2012, or it simply wont happen at all.<br /><br />The reason I say this is because as time goes by, its too easy to pick a new reason in the future as to why kaboom will happen "but its been delayed" such that you keep pusing out the date, one more year, then another year, then another year/ Next thing you know its 2017 - all of us have moved on with our lives and your still here saying "the BIG ONE IS HAPPENING SOON"!!!<br /><br />This I submit would be a sad state of existence similar to that of the people I noted above. They went to their graves convinced it was "just around the corner" and yet there was nothing there. <br /><br />Dont be that guy. If the kaboom doesnt happen by 11/12/12, just say "fuck it" ditch the doom prophecies and go live your life. Good luck...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-32204787365059801362009-11-12T18:15:25.561-05:002009-11-12T18:15:25.561-05:00Anon and neil,
I do not have the time to go over h...Anon and neil,<br />I do not have the time to go over history with a fine tooth comb, but I would only add that it is easy for soemone today to say "those calls about printing money during the civil war destroying the country were crazy" beacuse it did not. It did however relegate the southern (former south) US to a long era of low level existence as the north took what was need to pay for all that spending. Collapse is a moving target, it depends on your exact criteria.<br /><br /><br />Neil wonders if I mean it when I sau this is the biggest fianncial experiment in US history, and I do mean it. It is by any measure used.<br /><br />I would agree whole hearted that the tough old souls of the late 1800' and the Depression era folks would laugh or better LOL at our cries of despair, but this makes my point for me.<br /><br />I have always argued that this credit crisis would and could pass with minimal interference and America would be better off in the aftermath. I believe in America, and Americans. Where we perhaps differ is that it is my firm belief that the government is trying to maintain a broken system by playing a dangerous game of huge numbers. This exact course of action could, repeat COULD, rsult is a serious dislocation that will be very serious and you will really know what a crisis is at that point.<br /><br />And I could be wrong. My time table for another credit/debt event is not "in the next 50 years" but in the next 1-3 years if the games do not stop. I would hope all my readers will be alive then!<br /><br />Another point, history is not a science experiment (I WISH it was). If there were a parallel universe out there (there is indeed if you are a string theory proponent) then in 1931 we could set it up to see if another handling of the great depression would have had different effects. Maybe wothout the malinvestment of the New Deal and other programs around the world, a quick bottom would have been found and a rebound would have occurred as business theory shows us it may have. Maybe with another 15 years of real innovation we would have floating cars now and cures for cancer. Maybe. Or maybe we would be in a new stone age. Nobody knows and I have never said "I KNOW that X WILL happen", well maybe I did say that TARP would pass, but whatever. My point is I do my best to give my ideas and the thinking behind them. <br /><br />Thanks for the interaction, I enjoyed the points you both made.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-52636955335213145152009-11-12T16:45:21.409-05:002009-11-12T16:45:21.409-05:00Anon @8:51 AM - nice, thought provoking, post.
I ...Anon @8:51 AM - nice, thought provoking, post.<br /><br />I submit part of our problem is our relative youth. I suspect the vast majority of us are under 40 meaning we have never seen a "real" recession in our lifetimes.<br /><br />I have a tendency to be as bearish as hell, yet my father scoffs and says this isnt as bad as the 73 recession (I was just a kid then and really couldnt remember). (He said his father scoffed at the 73 recession saying it was nothing compared to the great depression)<br /><br />Which gets me to thinking a sense of perspective is in order. Even our gracious host would probably agree, his assertion that this is the biggest financial experiment in the history of the USA" is a bit of hyperbole. I think what we are doing now pales in comparison to Andrew Jacksons attempt to destroy the central bank, resulting in the stats printing their own (very unstable, hyperinflationary money) was a far bigger experiment.<br /><br />So yes, a sense of perspective is important. To me, it seems like this is going to end very very badly - but what do I know? <br /><br />It seems like the 1800s were littered with the Panic of _____, the Boom of _____, the depression of _______, etc, etc. All that must have been horrific for those who lived through those events - to them our concern must seem like childs play.Neilnoreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-92034261541864098592009-11-12T12:40:21.551-05:002009-11-12T12:40:21.551-05:00Ten most troubled states in the U.S.
"The 10...Ten most troubled states in the U.S.<br /><br />"The 10 most troubled states are: Arizona, California, Florida, Illinois, Michigan, Nevada, New Jersey, Oregon, Rhode Island and Wisconsin."<br /><br />"Other states -- including Colorado, Georgia, Kentucky, New York and Hawaii -- were not far behind."<br /><br />"In a separate study released Wednesday, the Center on Budget and Policy Priorities found that states will likely have to make steep cuts in their fiscal 2011 budgets, which start next July 1 in most states. That's because the critical federal stimulus dollars will run out by the end of 2010."<br /><br />"These cuts could take nearly a percentage point off the national gross domestic product and cost the nation 900,000 jobs, the study found."<br /><br />"More stimulus needed"<br /><br />http://tinyurl.com/yd9p3t4<br /><br />More stimulus needed? Who'd a thunk it?<br /><br />"Have one, have twenty more "one mores" and oh it does not relent. <br />The good times are killing me." - Modest MouseWatchtowernoreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-77424046924508408502009-11-12T11:51:28.540-05:002009-11-12T11:51:28.540-05:00"What I would like to say is that I am bearis..."What I would like to say is that I am bearish on many things. Of course I can see a government influenced pop as much as the next person, but that does not change my macro fundamental view. It perhaps changes the timing, but not the end result."<br /><br />Well thats the central issue isnt it? Timing? <br /><br />Daniel Hastings, the firebrand depression era senator was convinced, I repeat CONVINCED, the agriculture support system introduced in 1934 would cause the economy to collapse "within 20 years".<br /><br />Treasury Secretary Carter Glass - a student of the "Long Depression" (1873-1879) railed heavily against the massive massive debt the US govt took on during the new deal, and the "market distortions" of the day (especially the minimum wage and dairy price supports). He warned, again and again about the systemic collapse of the US economy which was sure to happen in very short order.<br /><br />Look at the massive amount of debt the US incurred to pay for the Civil War, and the rampant inflation that followed as the govt printed with reckless abandon. The outrage as we went away from the bimetal standard and (in the words of William Jennings Bryan "crucified mankind upon a cross of gold"). <br /><br />These guys were all convinced govt meddling and manipulations would lead to the collapse of the US economy. They knew prior generations warned of the same thing, but they were convinced, their crisis was the "big one" which would result in the collapse of the economy.<br /><br />They are all dead now.<br /><br />Long term, they are in my opinion, right. I have no doubt THE US ECONOMY WILL COLLAPSE, AND POSSIBLY THE US REPUBLIC ITSELF. Will it happen in my lifetime? I have no idea.<br /><br />This is where you and I differ. I recognize there may be 5-10-20 year mini cycles of growth - as well as cycles upon cycles before the eventual collapse be it tomorrow or 1,000 years from now. As such, I refuse to remain bearish as it becomes increasingly evident, this cycle is over, and there is no sign the "big one" will happen during my lifetime.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-25475560458777172472009-11-11T22:15:12.651-05:002009-11-11T22:15:12.651-05:00I did not know the movie was based on a Stephen Ki...I did not know the movie was based on a Stephen King short story. <br /><br />I was quite stunned this afternoon when I heard a mortgage ad on the radio announcing a new FNM program which offered a 105% loan to value refinance mortgage, REGARDLESS of whether or not there was 2nd mortgage on the property.<br /><br />The U.S. taxpayer is now funding the attempted reinflation of the housing bubble.Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-72568232683244648242009-11-11T21:12:24.771-05:002009-11-11T21:12:24.771-05:00Lisa,
great point, that is another fact that the p...Lisa,<br />great point, that is another fact that the permabulls want to ignore.<br /><br />Watchtower, <br />I would have to look it up, but the numbers you cite sound in the ballpark. I remember a radio host saying that never before did the "middle class" live paycheck to paycheck before, but that is the deal for the last 10 years. Ugly indeed.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-50745895387294799912009-11-11T20:45:00.319-05:002009-11-11T20:45:00.319-05:00I read or heard (can't remember) a couple of d...I read or heard (can't remember) a couple of days ago that the average person today is in three times as much debt as was the norm in the early 80's and they only have half of the savings as back then, that can't be good going forward.<br />I've also read elsewhere that the runup we've seen lately has been on low volume so Lisa's comment struck a chord in me when I read it.watchtowernoreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-38095553874903987802009-11-11T20:21:15.607-05:002009-11-11T20:21:15.607-05:00As the stock market rises, the US dollar falls. T...As the stock market rises, the US dollar falls. Therefore, no one is getting "richer." There is abysmal volume in this market, so the runup is nothing more than (suprisingly small) bits of money being used to ramp the futures and the market makers do the rest. It can't last. Permabulls also tend to forget how deeply in debt the government is, and that the Fed can't monetize much longer. It's not 1970, 1980, or 2003. It's 2009 and we are running out of "extend and pretend" time at an exponential rate.Lisahttps://www.blogger.com/profile/15843387874275045700noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-5398626506130583862009-11-11T20:12:26.955-05:002009-11-11T20:12:26.955-05:00I don't think we disagree as much as we agree,...I don't think we disagree as much as we agree, it's really just a question of definition of terms.<br /><br />Macro, micro, what's the difference?<br /><br />Ultimately, it all comes down to money changing hands. In real estate, that would be at closing and funding. Until such time, I don't consider any deal done. I've seen too many fall apart at the last minute for any number of reasons.<br /><br />When I get paid, the house is marked sold. And not before.<br /><br />I suppose it's the same in all other transactions. When funding occurs, the deal is done. Then there's no looking back. It's all over but the crying.GawainsGhosthttps://www.blogger.com/profile/16719480047404817864noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-72753064558645088972009-11-11T19:39:34.017-05:002009-11-11T19:39:34.017-05:00Gawains,
That was the fastest comment ever!!
I di...Gawains,<br />That was the fastest comment ever!!<br /><br />I did write "macro fundamental view" but perhpas that is a difference without a distinction.<br /><br />Maybe we disagree here, but I am a firm believer in the "big picture", though you are right about full disclosure being the needed component for anything related to commerce.<br /><br />Good to see you.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-55575291469709558572009-11-11T19:35:06.749-05:002009-11-11T19:35:06.749-05:00I don't believe in macro economics. There is n...I don't believe in macro economics. There is no such thing. All economics is micro.<br /><br />It's a willing buyer and a willing seller agreeing on a price, with full disclosure. That's it. There really is nothing to it more than that at whatever level, no matter what product, service or commidity you're dealing with.<br /><br />The problem begins when you don't have full disclosure. Questionable financing, property defects, what have you. If both the buyer and the seller are not completely honest and up front with each other, the deal falls apart. Or one or the other, or both, gets ripped off.<br /><br />That's not economics. But it's close enough for academia or government work.GawainsGhosthttps://www.blogger.com/profile/16719480047404817864noreply@blogger.com