Could someone please elaborate how this is a bad thing?
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http://www.bloomberg.com/apps/news?pid= … 46r_1q9OOY
Yikes. The banks will need trillions of treasury money just to keep from going under. To get money moving again would require... what? A couple of TRILLIONS extra?Bloomberg wrote:
U.S. financial losses from the credit crisis may reach $3.6 trillion, suggesting the banking system is “effectively insolvent,” said New York University Professor Nouriel Roubini, who predicted last year’s economic crisis.
“I’ve found that credit losses could peak at a level of $3.6 trillion for U.S. institutions, half of them by banks and broker dealers,” Roubini said at a conference in Dubai today. “If that’s true, it means the U.S. banking system is effectively insolvent because it starts with a capital of $1.4 trillion. This is a systemic banking crisis.”
“The problems of Citi, Bank of America and others suggest the system is bankrupt,” Roubini said. “In Europe, it’s the same thing.”
I don't think so.OP email wrote:
The economy doesn't pose a threat to your job. What does threaten your job however, is the changing political landscape in this country
Here's a little ditty that will be popular in 2012:
And we All lost our jobs
...because our employers' lines of credit dried up
...because the banks' reserves dried up
...because the money pumped in by the treasury dried up
...because the nation couldn't afford more
...because the treasury pumped the nation's wealth into the banks
...and the nation couldn't afford more
...and the money pumped in by the treasury dried up
...and the banks' reserves dried up
...and our employers' lines of credit dried up
Because we All lost our jobs.
and a hit from 2014:
999999 dollars for a beer at the mall,
999999 dollars for beer
Buy one beer and pass it around,
1000000 dollars for a beer at the mall
Very true.Agent_Dung_Bomb wrote:
Our current "war" isn't the same. The fighting is very localized compared to WWII. Under our current economy we are no longer the manufacturing giant we once were. We've outsourced much of that to China, and the rest of the worlds infrastructure and manufacturing are still in tact, so it's not like we are seeing an increase in business through exports.
In this particular war there are a few companies getting rich, but don't expect this war to do anything but strain our economy.
To bust a deflation cycle, a war would need to employ millions of men and destroy trillions of dollars' worth of assets.
It isn't even that important whose men are employed and whose assets are destroyed, as long as the global supply glut is gone & demand picks up.
Now if I was Mr. Burns...
...I would instruct Smithers to go and arrange a war between Pakistan and India.
A nuclear one.
Can't find fault with your logic there.ATG wrote:
The only thing that will " save " our economy is the same thing that pulled it out of the great depression.
At the moment, and in the foreseeable future, you've got an abundance of supply and no demand.
Employing millions of men in the activity of destroying most of the economically productive assets on the planet is an obvious solution. Demand is created with all those new jobs and supply is severely constricted. Prices will begin to rise (rapidly after the war) and the deflationary spiral is broken.
See also
http://www.marketwatch.com/news/story/l … 8A9566F%7D
Recommend
In Europe: Travels Through the Twentieth Century
Geert Mak
In Europe: Travels Through the Twentieth Century
Geert Mak
Booklist wrote:
Sweeping in scope, brimmming with luxurious and telling detail, electric in prose style, and deeply comprehending in its understanding of the subject, this Dutch writer's magnum opus is the result of a commission he accepted from the newpaper he worked for: a record of his year-long travels throughout Europe at the end of the millennium. His charge was to see if a workable definition of Europe still had relevance—specifically, if there exists sufficient commonality among the European nations to make a definition feasible. The second layer of his writings takes the form of his simultaneous consciousness of the history of each place he visited; it came home to him during his jaunts that "all the different stages of the twentieth century are being lived, or relived, somewhere." The history of the twentieth century, he discovered, was indelibly etched into how almost all Europeans have led their lives at any point in the century. Mak moves thoroughly but nimbly through both time and location, correlating now to then in particularly dramatic episodes, resulting in a beautiful way to learn about both European history and current events.
Yaaaagh! OBL is Halliburton's puppetKmarion wrote:
The point was to illustrate that the results of action is not necessarily indicative of the reasons for action. You missed that.apollo_fi wrote:
You're still treating the Iraq attack as an act of god, something inevitable. Could you explain why? You seem to look at the war as the cause and Halliburton's profits as the effect.Kmarion wrote:
Must have been Clintons ear also. Halliburton was the most experienced and qualified company to take on the challenges in Iraq. To credit your statement we would have to give the job to a less competent company. I'll leave the mindless speculation to the guys who need simple answers to complex problems. The sad thing is the anti-Bush/Cheney crowd is so blinded by their anger that they miss the real nefarious reasons behind invasion.
Halliburton etc knew they'd get the contracts. Halliburton etc. had the means to influence national policy. I find it hard to imagine they abstained from wielding their influence.
The war was about getting Bush re-elected. Iraq made an easy target to show a position of strong national defense. Americans wanted that after the attacks. The war was not nearly as unpopular in 2003. This was reflective in the congressional votes for the invasion (apparently the majority of congress was taking money from Halliburton ) I suppose it was Halliburton convincing Saddam to ignore years of UN resolutions also.
Think bigger.
Going to Iraq with a land force cannot have been an obvious decision. Papa Bush had a bad experience with an election war...
Congressional support and a favorable popular opinion made the decision possible, but not inevitable. In such a situation, a well placed lobbyist can tip the scales either way. Halliburton (Cheney) wanted war, of course.
What conspiracy? It's not a conspiracy, it's plain old lobbying ffs. Why couldn't a company (or an industry, to be more precise) be part of a group that persuades a war?usmarine2 wrote:
I cannot believe some of you think a company can persuade a war. I mean really. take off the tin foil hats you conspiracy idiots.
You're still treating the Iraq attack as an act of god, something inevitable. Could you explain why? You seem to look at the war as the cause and Halliburton's profits as the effect.Kmarion wrote:
Must have been Clintons ear also. Halliburton was the most experienced and qualified company to take on the challenges in Iraq. To credit your statement we would have to give the job to a less competent company. I'll leave the mindless speculation to the guys who need simple answers to complex problems. The sad thing is the anti-Bush/Cheney crowd is so blinded by their anger that they miss the real nefarious reasons behind invasion.apollo_fi wrote:
Plywood peddlers don't have the ear of someone with the power to start a hurricane.Kmarion wrote:
Anyone who thinks our involvement in the ME is based around supporting Halliburton stock is just not looking deep enough. (For the record hundreds of millions of dollars worth of construction contracts were also rewarded to Halliburton for rebuilding efforts in Kosovo and Haiti under Clinton.) Plywood sales go through the roof everytime a hurricane approaches. It doesn't mean that plywood causes hurricanes. That is rather shallow reasoning imo.
Halliburton etc knew they'd get the contracts. Halliburton etc. had the means to influence national policy. I find it hard to imagine they abstained from wielding their influence.
Plywood peddlers don't have the ear of someone with the power to start a hurricane.Kmarion wrote:
Anyone who thinks our involvement in the ME is based around supporting Halliburton stock is just not looking deep enough. (For the record hundreds of millions of dollars worth of construction contracts were also rewarded to Halliburton for rebuilding efforts in Kosovo and Haiti under Clinton.) Plywood sales go through the roof everytime a hurricane approaches. It doesn't mean that plywood causes hurricanes. That is rather shallow reasoning imo.
It's a peasant's view of success: A grand castle, a four-horse buggy and a buxom maiden. And gold sovereigns, at least ten gold sovereigns...Neal Boortz via Gorillaking wrote:
* Speaking of earning, the revered 40-hour workweek is for losers. Forty hours should be considered the minimum, not the maximum. You don't see highly successful people clocking out of the office every afternoon at five. The losers are the ones caught up in that afternoon rush hour. The winners drive home in the dark.
A gentleman would prefer a modest dwelling, a cart and an ox and a hearty wench. And spare time, to spend with the wench.
Pray clarify. Are you saying saying the Arctic ice cap is melting because underwater volcanic activity has heated the arctic sea? Because that's not what's implied in the article.ATG wrote:
Now, we get to the reason I made this thread.
I knew that within a few weeks or months the OP story would be debunked or explained.
http://www.sciencedaily.com/releases/20 … 140649.htm
Water freezes. Ice melts.
There's no seismic data that would corroborate this, either.
Thanks, missed that bit.Flaming_Maniac wrote:
Did you read my last post on the previous page?apollo_fi wrote:
So it seems. Where does your low regard for the value of human life stem from? Low self-esteem?Flaming_Maniac wrote:
This argument has been made and responded to I think five times now. Speeding specifically has been used I think three times now.
Edit: typo.
edit: er, my pagination is different. Longer one a couple posts back.
Good post. Respect for life (and the lack thereof) is what the discussion is about.Flaming_Maniac wrote:
Respect for life...it's a funny thing. I think most of it has been artificially drilled into us because everyone is so scared of someone else pulling the plug when our back is turned. Not to get too existential here, but we don't really know how bad death is, or how good life is, we have no basis for comparison. If anything the people that do believe in the afterlife generally believe that it is a happy one. We just don't want our lives prematurely ended because well...because. Of course there is natural instinct, but it seems to me this instinct has multiplied as we pack more and more humans together. Capital punishment wasn't even a topic of debate 1,000 years ago, and now we have a fairly split debate, probably with a majority pro life (mostly from urban areas right?). However even without this unnatural influence, it isn't easy to take human life. There is already plenty of natural instinct against it, and I feel confident that that instinct alone is enough to keep us out of trouble in scene of the-crime cases. No normal person enjoys killing another human, and people who say otherwise (as Parker has said) are full-o'-bullshit e-badasses.
There are more important things in life than life. If you don't recognize that, I would like to know how you justify war, high-risk jobs, poor food, getting out of bed in the morning, all of it.
I disagree completely, though. There are more important things in life than your own life, yes, but that has absolutely no weight as an argument when judging the value of someone else's life.
So it seems. Where does your low regard for the value of human life stem from? Low self-esteem?Flaming_Maniac wrote:
This argument has been made and responded to I think five times now. Speeding specifically has been used I think three times now.apollo_fi wrote:
Jebus what drivel. Where do you draw the line, flaming_maniac? Shoot litterers and people speeding on the highway?Flaming_Maniac wrote:
So we should make sure that all criminals in the act of a crime are assured protection? Maybe set up a special police force that they can call beforehand for some backup to make sure no one shoots at them?
Edit: typo.
Jebus what drivel. Where do you draw the line, flaming_maniac? Shoot litterers and people speeding on the highway?Flaming_Maniac wrote:
So we should make sure that all criminals in the act of a crime are assured protection? Maybe set up a special police force that they can call beforehand for some backup to make sure no one shoots at them?ZombieVampire! wrote:
For criminals who were killed in cold blood, yes.Flaming_Maniac wrote:
My goodness you actually feel sorry for the criminals.
Just found a couple of obscure abstracts from the European Geosciences Union 2008 conference, which may have a relevance in the context of the OP.ATG wrote:
Maybe the Doomsayers are right and by 2012 we will all be looking back fondly and remembering that thing called the internet as we eat cockroaches and house cats and finally, each other.
http://www.independent.co.uk/environmen … 55406.html
Methane released by the thawing of permafrost in Siberia is a subject that's been fairly visible in the climate change discussion. It appears that the methane deposited on the Siberian arctic shelf is a far more dangerous source, because of the amounts of methane involved and the potential for sudden release into the atmosphere.
Earthquakes and volcanic activity are the main cause of methane release from continental shelves. This activity is a normal part of the global carbon cycle, and included in the IPCC models.
Even though it has quake-prone and volcanically active zones, the Siberian arctic shelf hasn't been considered a part of this cycle. The methane deposited there has been sealed in by an inpermeable permafrost layer.
Until recently.
'Our recent studies conducted over the East Siberian Arctic shelf (2003-2007) showed widespread supersaturation of surface water with methane, reaching in some areas up to 10,000% above background level'
'we consider release of up to 50 Gt of predicted amount of hydrate storage as highly possible for abrupt release at any time. That may cause ca. 12-times increase of modern atmospheric methane burden with consequent catastrophic greenhouse warming.'
See also:
http://en.wikipedia.org/wiki/Clathrate_gun_hypothesis
Just paid 57 € for two rib-eye steaks, 250 grams each.
...ok, they were Kobe beef. Yummy.
...ok, they were Kobe beef. Yummy.
If engineering / machinery / historic aircraft are your thing, one of the best places in the world for that kind of thing is the Deutsches Museum in Munich. Haven't been there myself, but several respectable sources have reported to me that it is magnificent.
Voted $10+, since I already pay $8 a gallon (1.40 EUR/Liter).
How old are you?
39
At what age do you consider or would describe someone as "old"?
111
(Or another way of putting it) At what age does youthfulness stop?
Have you noticed an increase or decrease in mental ability as you have aged?
Decrease, since 32 y.o.
Have you noticed an increase or decrease in physical ability as you have aged?
Decrease, since 30 y.o.
Have you noticed any changes in appearence (wrinkles, hair loss, weight gain etc) as you have aged?
Weight gain, not much else
Has you opinion of older people changed as you have gotten older?
Yes, of course. Oldtimers rule.
Do you want to stay the age you are now or do you enjoy the changes that come with age?
Rejuvenate me to 30, please.
Marines travel as minors, listed in their squad leader's passport.Mek-Izzle wrote:
watusmarine wrote:
I have never had a passport, and really do not plan on getting one. I'd rather have a national ID.Bertster7 wrote:
Then why have a national ID card?
If anyone really wants/needs a general purpose form of ID recognised internationally - they should just get a passport.
I can't imagine not having a passport. I often carry mine with me in case I suddenly decide to go to another country (spontaneous trips to Paris earn serious brownie points with the ladies ).
How can you not have a passport? How can you go to other countries without one, or on an airport
Proof?Stingray24 wrote:
Their research is equally scientific as any other scientists, yet it is suppressed because the establishment does not want a competing theory.
Hear, hear.B.Schuss wrote:
These people don't present a threat, they present opportunities.
They are our fellow europeans, plainly put.
I'm sure we all are doing our best to reverse the trend, but the fact remains that our number is decreasing.Braddock wrote:
So the rest of us are going to stop reproducing? All my friends have Polish girlfriends, how are they going to produce little baby Arabs?apollo_fi wrote:
Probably.
The people who will staff the Europeans' retirement homes and geriatric wards will most likely come from ME and North Africa. They will, naturally, be the future Europeans.
Maybe Polish girlfriends would do the trick, though?
Probably.
The people who will staff the Europeans' retirement homes and geriatric wards will most likely come from ME and North Africa. They will, naturally, be the future Europeans.
The people who will staff the Europeans' retirement homes and geriatric wards will most likely come from ME and North Africa. They will, naturally, be the future Europeans.
Absolut is a Swedish vodka-like liquid.ghettoperson wrote:
Those damn Finnish Swedish immigrants, trying to take over our country!ATG wrote:
http://farm3.static.flickr.com/2251/238 … c24e2d.jpg
I just don't get it.
Do they want a war?
http://latimesblogs.latimes.com/laplaza … onque.html
Kmarion wrote:
As pitiful as the plan is there are Seniors who rely on that feeble income.
If the people who rely on Social Security end up below the poverty level, it would seem logical to increase the payouts rather than drop the pension scheme completely. Just a thought.Phrozenbot wrote:
There used to be an old man close to my father who lived on some land we owned out of the city, and he only received $250 from social security every month. This was the 80's mind you, but he was still below the poverty level.
Roy Disney and Rupert Murdoch? Jewish?Kmarion wrote:
Ted Turner is Jewish?konfusion wrote:
The Jews control the American media (everyone knows that) - no wonder criticism on Israel is blown out of proportion this much.
-konfusion
*These aren't the cows I'm looking for*
*Move along*
*Move along*
I want my cows back, Mercury.
Want to dump less mercury into the environment? Use CFLs, not incandescents:
Mind you, buy quality ones that don't need to be changed every other year.
Mind you, buy quality ones that don't need to be changed every other year.
I just came back from visiting a friend in Birmingham, AL.
With the current EUR to USD rates, everything is ridiculously cheap. Clothes, food, drink, everything.
We went in with two lightly packed suitcases & came back with four maxed out pieces of checked luggage. Me & Mrs. apollo have now a completely refurbished wardrobe of quality clothes, for about a third of the price it would cost in Finland.
Flights are not expensive atm either.
Fellow Euros, go and help the US consumer segment out of its slump. Go! At some point, either the dollar will recover or inflation will even out the price difference. Now is the time to go.
With the current EUR to USD rates, everything is ridiculously cheap. Clothes, food, drink, everything.
We went in with two lightly packed suitcases & came back with four maxed out pieces of checked luggage. Me & Mrs. apollo have now a completely refurbished wardrobe of quality clothes, for about a third of the price it would cost in Finland.
Flights are not expensive atm either.
Fellow Euros, go and help the US consumer segment out of its slump. Go! At some point, either the dollar will recover or inflation will even out the price difference. Now is the time to go.
OK, thanks, now it makes sense.B.Schuss wrote:
the electricity that we put into the grid is supported by the german government, that amounted to over 2.000,00 € in pay-off, way more than what we had to pay for electricity the same year. So it's a good deal, at least under the current circumstances.
This is a pretty darn good idea... kickstarts the deployment of grid-tie systems. As you said, the conversion tech is improving, and there will come a time when solar grid-tie systems reach the level of efficiency needed for self-sufficiency or even net contribution.
erm... Genesis 7:23?IRONCHEF wrote:
Read it several times, in different languages even, and he he never killed anyone. his people have killed others, the people who are not his killed people, and people have killed themselves by violating laws.OrangeHound wrote:
If you ever read the Bible, you would discover that God kills everyone ...
andB.Schuss wrote:
Last year, I installed a photovoltaics array on the roof of my house. It's only a couple of square meters
2 m² solar panels, in not-always-so-sunny germany, makes you a net contributor to the power grid?B.Schuss wrote:
I won't have to pay a single dime to a power company for the rest of my life.
Instead, they are now paying me 180,00 € per month for the energy I send into their system.
Kickass panels you've got, if this is indeed the case. What make are your PV cells?
Mugabe is a latter-day Cecil Rhodes.
I would like my free copy of Das Kapital now, please.
I would like my free copy of Das Kapital now, please.
Kmarion wrote:
This again . http://www.smh.com.au/news/world/abbas- … 27485.htmlapollo_fi wrote:
...I would like to respectfully disagree. It's quite a leap from the Treaty of Tripoli in 1797Kmarion wrote:
Lol.. that means nothing in real terms.
http://upload.wikimedia.org/wikipedia/e … cle_11.GIF
to Dubya on his mission from god:
'I am driven with a mission from God. God would tell me, 'George go and fight these terrorists in Afghanistan'. And I did. And then God would tell me 'George, go and end the tyranny in Iraq'. And I did.'
http://en.wikipedia.org/wiki/Nabil_Shaath
You fearmonger you. What's the Christian equivalent to Islamaphobe?
I bought disinformation... lock, stock & barrel. Damn
...I would like to respectfully disagree. It's quite a leap from the Treaty of Tripoli in 1797Kmarion wrote:
Lol.. that means nothing in real terms.DonFck wrote:
"I feel like God wants me to run for President" - Dubya
to Dubya on his mission from god:
'I am driven with a mission from God. God would tell me, 'George go and fight these terrorists in Afghanistan'. And I did. And then God would tell me 'George, go and end the tyranny in Iraq'. And I did.'
You, me, my brother Jake, everybody (with eurasian genetic and/or cultural roots), needs to be aware that the Tigris-Euphrates basin is where we're coming from.
That's where Islam comes from as well. We're related.
That's where Islam comes from as well. We're related.
Corn alcohol FTL. And what the hell is the 'Straight Bourbon' thing about? Is there a gay Bourbon as well?chittydog wrote:
No way. Makers Mark>Jim Beam black>JD>Crownusmarine wrote:
dieParker wrote:
Makers Mark>JD.
On topic, yes, Hail Coffee.
Definitely. IMO, the progeny of the powers-that-be should be made to join the first waves of attack... in any war.GunSlinger OIF II wrote:
so, everyone elses life is ok to expose to unnecessary dangers, just not royal blood.apollo_fi wrote:
Your situation would be different to bonnie prince Harry's squadmates at least in this respect:GunSlinger OIF II wrote:
I was in Iraq with Patton's great grand nephew.
http://news.google.com/news?hl=en&t … ephew+iraq
before you go with the "He'll be a bullet magnet" response, Im under the life's philosophy that all wars are unnecessary dangers. If you are going to send your best out there to die, you better send your royals too.
Your situation would be different to bonnie prince Harry's squadmates at least in this respect:GunSlinger OIF II wrote:
I was in Iraq with Patton's great grand nephew.
http://news.google.com/news?hl=en&t … ephew+iraq