“Soft despotism is a term coined by Alexis de Tocqueville describing the state into which a country overrun by "a network of small complicated rules" might degrade. Soft despotism is different from despotism (also called 'hard despotism') in the sense that it is not obvious to the people."

Friday, October 10, 2008

Democrats, Obama, Community Organization, Acorn and Your Money

Hat tip: Linearthinker

I guarantee you that if someone explains this connection to the working people of Pennsylvania and Ohio, Barack Hussein Obama will become a footnote in history. Let Sarah Palin do it and keep her in those two states. YOU HAVE TO WATCH THIS VIDEO.


Thousands of voter registration forms faked, officials say

CROWN POINT, Indiana (CNN) -- More than 2,000 voter registration forms filed in northern Indiana's Lake County by a liberal activist group this week have turned out to be bogus, election officials said Thursday.

An official enters the Las Vegas, Nevada, ACORN office, which is under investigation for alleged voter fraud.

The group -- the Association of Community Organizations for Reform Now, or ACORN -- already faces allegations of filing fraudulent voter registrations in Nevada and faces investigations in other states.

And in Lake County, home to the long-depressed steel town of Gary, the bipartisan Elections Board has stopped processing a stack of about 5,000 applications delivered just before the October 6 registration deadline after the first 2,100 turned out to be phony.

"All the signatures looked exactly the same," Ruthann Hoagland, a Republican on the board. "Everything on the card filled out looks exactly the same."

The forms included registrations submitted in the names of the dead -- and in one case, the name of a fast-food restaurant, Jimmy Johns. Sally LaSota, a Democrat on the board, called the forms fraudulent and said whoever filed them broke the law. Watch how dead people are turning up on voter registration forms »

"ACORN, with its intent, perhaps was good in the beginning, but went awry somewhere," LaSota said.

Over the past four years, a dozen states have investigated complaints of fraudulent registrations filed by ACORN. On Tuesday, Nevada authorities raided an ACORN office in Las Vegas, Nevada, where workers are accused of registering members of the Dallas Cowboys football team. And the group has become the target of Republican attacks on voter fraud, a perennial GOP issue.

A subsidiary of the group was paid $800,000 by Democratic presidential candidate Barack Obama's campaign to register voters for the 2008 primaries, and ACORN's political wing endorsed Obama back in February. But Obama's campaign told CNN that it "is committed to protecting the integrity of the voting process," and said it has not worked with ACORN during the general election.

Brian Mellor, an ACORN attorney in Boston, said the group has its own quality-control process and has fired workers in the past -- including workers in Gary. But he said allegations that his organization committed fraud is a government attempt to keep people disenfranchised. Watch more about this investigation »

"We believe their purpose is to attack ACORN and suppress votes," Mellor said. "We believe that by attacking ACORN, they are going to discourage people that have registered to vote with ACORN from voting."

CNN was unable to reach ACORN officials in Gary and in Milwaukee, Wisconsin, where the group's Indiana operation is based. Offices in both cities were empty when reporters visited.

Lake County elections officials have set aside all 5,000 of the ACORN-submitted applications in what Hoagland called the "fake pile" for later review. But she said every one will be reviewed before the election to make sure no legitimate voters are skipped.

There has been no evidence of voter fraud yet, because voters have yet to go to the polls. But elections officials say they will be sending their information to prosecutors, who will determine whether any investigation will begin.

"We have no idea what the motive behind it is," she said. "It's just overwhelming to us."


  1. Five Million Illegals Have Illegal Mortgages in U.S.A.!

    A single report by KFYI radio of Phoenix, Arizona highlights a shocking claim made by the Department of Housing and Urban Development (HUD). HUD says that five million illegal aliens hold illegal mortgages. This is just one more example of the lax lending laws put into place by Democrats like Barney Frank that have contributed to this economic crisis. One would think this would be big news. But, so far we have only this one report to cover it.

    There have been earlier stories of home flipping schemes that made liberal use of illegal aliens as straw buyers and the FBI has followed numerous cases to prosecution and conviction.
    But the Old Media have not done much with this story.

    What illegal struggling to survive is going to pass up a free house that he can move into without having to present any identification, proof of employment, financial history or even a down payment?

    This story should be in every paper and on every TV news cast. Yet it isn't. I'll leave the guessing as to why with you, gentle reader.

    Notice: the link to the story above is a Google cached page link because KFYI has pulled down their report.

  2. Media Not Reporting Failed Financial Agencies Are Big Donors to Obama

    A 2005 Video of Fannie Mae CEO Shown Affirming his Connection to Congressional Black Caucus and Barack Obama, Where is the Media?

  3. The story is a fraud, doug

    At the link

    Notice: the link to the story above is a Google cached page link because KFYI has pulled down their report

    They pulled the report because it is bogus. There were not enough illegals in the US to buy 5 million houses, even if there are 20 million of them, not the 12 million the Federals report there are. Just do the math.

    These illegals are living 10 to an apartment, not 2.1 to a 3 bdrm/2bath house.

  4. The CBC and Fannie Mae, subsidizing unqualified individuals. What?

  5. As Newsbusters reports, scams using illegals were numerous.
    Flippers with no accountability.
    Why would HUD lie in THAT direction?

  6. Mike Murphy was guesting on Miller:
    Says GOP is suffering a meltdown in Polling for Congress.

  7. Farrakhan Has Pronounced Obama To Be The Messiah

    So, then, it must be true.

    I'm just wondering if the markets aren't looking ahead to an Obama victory, selling off in anticipation.

  8. Only 76% of Chamber Businesses think The Messiah will be a Disaster, LaBob.

  9. It's times like this I'm glad I don't have any stocks.

  10. If Farakahn invited you up to the Mothership, would you go, al-Bob?
    Late Niters would be disappointed if you declined.

  11. I don't have any Socks.
    ...but then I don't live in Ideehoe.


    H/T Michael Ramirez @ Investor's Business Daily

  13. Michelle worked at the same Firm as Bernadine Dohrn:

    Because of her terrorist background, she could not be a member of the Bar, but Ayers rich Daddy got her hired with the lawyers his company paid.

    ...but neither Michelle nor Barry knew Jack Squat about the Ayers when Ayers threw the kickoff party for them.

    ...just like none of them ever heard Wright deliver a single Racist/and/or Hateful word.

  14. 5 HUNDRED sermons that the Obama Family attended.

  15. Murphy explains how if McCain loses a single state W won, plus Iowa, the Ethanol State, the only way he could win would be to win Pennsylvania. McCain smart enough to send Palin and Todd to PA, Ohio, etc A LOT?

  16. We've got three of the four candidates all racing to see who can be the biggest socialist (I'm not including Palin in there, she's attached to grandpa with a chain around her neck), and we've got my home state of Washington, which is so blue the smurfs run everything in Olympia, so that's a recipe for me to vote for Bob Barr, not because I want an alleged "libertarian" who is in favor of the the war on drugs, the Defense of Marriage Act, and the banning of Wicca in the military, but just to send the GOP a wake up call.

  17. Blogger 2164th said...

    At a time such as this, how can the American public contemplate turning the future over to Barack Hussein Obama?

    It's quite simple really - Obama wears the brand of Hope and, more importantly, CHANGE.

    Hoping that Palin will reverse the dynamic... well, good luck with that.

    Regarding Ideology and the markets - welp, the problem ideology has been thinking that a free market is a deregulated market.

    They say the market hits the bottom when we see total capitulation. I've been pondering on what that would look like. I'm thinking (hoping maybe is more like it) that what we witnessed last night and this morning was just that, capitulation. The cat seems to have bounced...or it's just tumbling down the stairs.

    as rufus is wont to say "pass the popcorn".

  18. This just in ....

    The Nigerian government has recently issued a warning to its citizens alerting them to e-mails from Irish/UK/US/Icelandic Banks, promising government backed deposit securities and seeking bank account details, It is a scam and it appears to be increasing in popularity. It further warns that the scammers pass themselves off as well established institutions that are as safe as houses with many Years trading history.

  19. If I were Bush, I would direct the Federal Reserve to start buying existing bank shares on the open market, with no pre-warning. That would liquify the market and take some of the burn away from private investors who were burned by government incompetence.

    I would further direct the Fed to do a swap with the Social Security lock box treasury IOU's and stick the shares in the box, and invite the Democrats to sue me if they did not like it.

  20. Somebody Huge is in buying with both hands. Is it enough? Stay tuned.

    If this rally fails, as Mark Haines is trying to guarantee (he must have the kids college fund in his short position,) there's going to be puke all over the floor of the stock "exchange."

  21. I think it's all going to hinge on the Lehman CDS disclosure.

  22. Hot Dog Shit, Cat Piss, ANYTHING but
    "puke all over the floor "
    If ANYONE should understand this, it would be YOU, Mr. Steaming pile of Dog Shit.

  23. Russia Approves Loan Plan to Ease Credit Crunch

    In particular, VEB would be instructed to loan about $1 billion to Rosselkhozbank, the agricultural bank, to ward off a possible collapse in a sector that is capital intensive and was just getting on its feet with the largest wheat harvest since the collapse of the Soviet Union.

    Also, Russian companies hit hard by declining commodities prices continued to announce layoffs or production cuts.
    Severstal, which makes automotive plate steel and had been on a buying spree for mills around the world, said Friday it would cut production by 30 percent in the United States, and 25 percent at plants in Russia and Italy.

  24. $0.09 on the Dollar. Man, that is weak.

  25. If the market doesn't sell off on that it's safe to get back in the water, I think.

  26. It sure was a good idea to Lehman tank.

  27. It is still all about housing. There is a simple solution and that is to offer a distressed borrower a sale and lease back of the property, with an option to buy at a future date based on payment history.

  28. Fri Oct 10, 10:00:00 AM EDT


    Good one, Ash.

  29. I tell you who that somebody Huge is: Warren B.

    He smells blood and he is raking it in. Just passed Gates.

  30. I'm thinkin these guys got towels attached to their heads by radiator belts.

  31. I dunno about the Buffet guess given he's a very disciplined value investor who likes some control of the companies he buys. If there is indeed someone huge doing the buying I'd guess governments wading in to try to establish a floor (I hope not but that'd be my guess if indeed a single, or a few, big buyers were doing all the buying).

  32. Meanwhile, a federal judge yesterday ordered Ohio's Secretary of State to verify the identity of newly registered voters by matching them with other government documents.

    What a heck of a mess.

  33. Bobal:What a heck of a mess.

    Barack Obama: "That's not the ACORN I knew."

  34. That's why I'm saying the Sauds. U.S. Government by proxie.

    Looks like the "quant" sell programs "triggered" at about 8600, though.

    Watch the Dollar. You won't be able to rally out of this hole without someone buying a LOT of Dollars, first.

    $1.344 on the Euro/Dollar should be a "Buy" signal, I'd think.

  35. Your right about the Saudis. They could wind up owning everything.

    Ms. T

    Not the ACORN I knew, Not the Rev. Wright I knew, Not the Ayers I knew. What a piece of dung.

  36. the instruments that God is going to use to bring about universal change


    Well let's all get together and kill the goose that laid the golden egg.

    People have no memory. It was only about one hundred years ago that gramps got his first car.

    Industrialization in the western world has lifted untold millions to heights of prosperity unheard of.

    And now we're talking about 'universal change'.

    I think what we're about to see is a return of the repressed. The repressed is what civilization is built upon.

    I don't mean repressed people. I mean repressed emotions.

    We are about to take the cap off.

    We are about to put fools in the seats of the wise.

  37. Bobal, we've had a 'fool' sitting in the oval office for pretty close to eight years now. Putting the erratic Maverick with Palin a heartbeat away would be even worse. The alternative is better.

  38. You would say that, Ash.

    You and your Community Reinvestment Act, your Dodd, and Franks and etc. Bush and McCain at least gave a warning.

    You, and
    The Castro Brothers
    every jihadi in the world

    folks that will kill fools like you and eat cha for breakfast.

    Everytime I repress my emotions about Ash, he comes along with another smarmy comment.

    It's a real struggle, keeping those emotions in check.

  39. Anyone care to peg the bottom?

    My SWAG: In the neighborhood of 6500.

  40. I think the market is sensing that Obama may win.

  41. Whoa, that's really low, Trish.

  42. Now I'll have to go and look up what SWAG means.

    I wish you'd talk English, Trish.

  43. Bobal, the proof is in the pudding as they say. Look what your 'team' has produced - two messy messy wars and an economic meltdown. You can't get much worse then what's been delivered. It is nonsensical to keep the same fools at the helm. Buck up, and take the blame like man. You've, at times, noted how wrong you can be so why should we think your current views are not also wrong?

  44. Yeah.

    I was listening to Jim Rogers this morning and like so many others he's frustrated by the teasers from the government that are holding back, dragging out, the necessary bottoming of the market.

    We NEED a day in which, as rufus said, the trading floor is slick with vomit. It hasn't happened yet.

  45. 1. swag
    apperance ,style ,or the way he or she presents them selves.
    He got a killa swag.

    2. swag
    Promotional merchandise for a band, record label, or other entity in the music business, usually distributed at concerts.

    May include t-shirts, stickers, promo CDs, posters, etc. Often free, but not necessarily; a t-shirt or record purchased at a concert might still be considered swag, especially if it is a design or release that is not readily available in the mass market.

    Many independent record labels throw in a handful of free swag when they ship out mail-order packages (stickers, sampler CDs, etc).

    The chief difference between swag and regular merchandise is that its purpose is not to make a profit, but to promote the band/label, and reward its supporters by giving them something cool and unique.
    I picked up some great swag at the concert last night.

    3. swag
    Any corporate/branded merchandise given out for free in order to promote the company/brand. Usually little trinkets or doodads, sometimes clothing, and always cheaply mass-produced. Etymology of this term most likely stems from a middle-English use of the word 'swag' often in pirate circles or other criminal circles as a euphamism for loot or plunder. How anyone can really consider the modern day definition of swag as plunder or loot (since it's worthless) is beyond understanding.

    See also: schwag
    My job at McDonald's sucks ass, but at least I get some skanky swag to donate to Salvation Army.

    4. swag
    the way one carries their self.
    im really diggin your swag
    personality swagg strut swagger step

    5. SWAG
    Stuff/Shit We All Get - Relating to the trade show convention industry, where exhibitors hand out "free stuff" to visitors. Most of the time these items are purely promotional materials, and are fairly worthless. ie. pencils, mugs, and mouse pads.
    SWAG always has the company name, logo, slogan, product, service, and contact information clearly printed somewhere on the item/s.

    Some convention goers have made a hobby of collecting as much swag as possible, and compete with others at the show.
    - "The online gaming booth is handing out swag demo disks."
    - "That beats my swag bag of stationary!"
    s.w.a.g. junk promos goodies convention expo tradeshow

    6. Swag
    When somthing is SHIT, CRAP, RUBBISH
    Tom man your phone is fucking swag..

    swag shit rubbish crap tomsimons tom simons

    7. swag
    To jizz on your hand with a combination of glue and throw it precisely on the ceiling and making your partner stay under the jizz and letting the jizz slowly drip on to your partner.

    Hey Man! I swagged that girl but I couldn't get the rest of that jizz off the ceiling so I ate it...

  46. I can't remember the last time I looked at my own portfolio. January, February.

    I'm certainly not encouraged to take a peek now.

  47. Ash, you moron, it was 'your team' via the Community Reinvestment Act and Fannie and Freddie that is finally catching up with us.

    As for the wars, Iraq is basically won, though your guy will throw it away.

    And Afghanistan is a tough one, all agree. Where the attack came from.

    But you would sit on your hands and do nothing, after the Trade Centers burned.

    There may come a day when there is no one to protect you.

  48. "Scientific Wild Ass Guess."

    I like that. If I gotta make a SWAG I'd say we hit the floor today with that slightly below 8,000 mark on the DOW. I'm so confident of that SWAG I'd bet a nickle on it.

  49. What I don't know can't hurt me.

  50. Trish:Anyone care to peg the bottom?

    7,000, or 50% off the peak, before McCain and Obama have a joint appearance calling for the Federal Reserve to purchase an additional $900 billion dollars of short term commercial paper, as the nationalization of America continues apace.

  51. see Bobal, your analysis is so far wrong it's not worth really trying to point out (again) how. Re. the trade center, who was it that ignored the report "Bin Laden determined to strike in US."? Answer, your 'team'.

  52. Other than a few shares in Northwestern Mutual Life, The Quiet Company, that I get for paying my life insurance premiums, I'm stockless.

    I don't get any pleasure in watching other folks lose their savings, that's for sure.

  53. Bill Clinton, when getting a blow job from Monica, didn't have time to deal with bin Laden, Ash, your guy.

    But, George has kept your sorry ass safe these last eight years.

  54. yep, there's a winning strategy, defend G.W. Bush. Enjoy Bobal, enjoy.

  55. I like that. If I gotta make a SWAG I'd say we hit the floor today with that slightly below 8,000 mark on the DOW. I'm so confident of that SWAG I'd bet a nickle on it.

    I agree with Ash, we are near the bottom now.

  56. Gads, I'm pretty much "All In;" but, I've gotta find a few dollars for Ford, and GE. Even if the Guvmint did let one go down the other would double, or triple.

    Hmmm, wonder how my VSE is doing?

  57. It's your party controls the Congress,
    Ash, with an approval rating even lower than George. :)

  58. I can't say I'm a fan of Democrats in general but it is time for a CHANGE and the erratic maverick and ditzy Palin just don't cut it. I'm hoping the incumbents get cleaned out on both sides of the aisle.

  59. And, an Uegly day. I'm goin back to bed. Chou All.

  60. Ash, explain to me all about Bill Clinton and Osama bin Laden, would you please?

    You can get lots of help, just by googling around a bit.

  61. Sunny and warm here. It's a beautiful day except for the money part. bah, it's only money anyway, right?

  62. If I had money to invest, I might buy General Motors now. But my advice on investing is about as good as politics, which is zero.

  63. generally they were busting ass trying to get him (shootin' up aspirin factories and all) but once the Bush team came in any priority that was perceived as Clinton's wasn't his.

  64. In short Bobal, there is a ton of blame to go around. That being said Bush wasn't the sharpest knife in the drawer and we are suffering for it.

  65. My methodology: I've heard mentioned 7200 and change as the "natural" bottom by someone who makes a living at it. I buy that, and add my own -700 "unnatural" component.

  66. That's it Ash, it's only money, that your foolish political party has washed away.

    Giving NINJA loans that no sane man would do.

    I think there is something else going on here, though. This is a heck of a drop over some bad loans, after a bailout bill.

    I think the market's worried about Obama.

  67. no bobal, it's not Obama but rather a combination of deleveraging and a lack of trust - that is, a lack of investor trust in the veracity of the institutions issuing all this paper (stocks, bonds ect.) Do you think they have been giving an honest accounting? No off balance sheet liabilities?

  68. It is because of the lack of trust that I have little confidence as to where any floor may be but I am encouraged by the fact that everyone I talk to has thrown in the towel. Capitulated.

  69. Admit it Ash, he was getting a blow job when he shoulda been acting as Commander in Chief. And, not only Monica. I believe some of those other women that accused him of sexual violence.

    There's plenty of blame to go around, you're right about that. No one I've read here has called George "The One".

    But, 'you're a believer'.

    Right in there with Farrakhan.


  70. The Irish Goodbye [Stephen Spruiell]

    Morgan Stanley economist David Greenlaw thinks the only way to lower the interbank rate (the rate at which banks lend money to each other; it's a component of that scary TED spread Jim M. mentioned earlier) and unfreeze the credit markets is to have the U.S. government guarantee all U.S. bank deposits. This from Bloomberg radio:

    TOM KEENE: David, it's the most unfair question: How do we bring LIBOR in?

    DAVID GREENLAW: Well, Tom, I think we may need to move toward some sort of system where the Fed stands as a guarantor of the counterparties involved. The most extreme example would be the Irish solution where you guarantee all bank liabilities. There are intervening steps though that the Fed might be more likely to resolve the elevation of counterparty risk that is pushing LIBOR rates higher. But I think something along those lines may well be necessary, because the special liquidity facilities that they continue to ramp up don't appear to be doing the job.

    KEENE: ... When you look at the Irish solution, is it a verbal guarantee without cash injections? Is that what you're suggesting?

    GREENLAW: Yes, it would be a guarantee of all bank liabilities. I believe that the FDIC has the authority to take that action with approval from the Fed, the Treasury Secretary and the President. It's in the FDIC Improvement Act as enacted about a decade ago. Most importantly, in that list of authorties who have to give approval, we don't have Congress, so the FDIC could take that action without congressional approval. It's a big step. It would be a very significant measure, but I think ultimately, if not an outright guarantee of all liabilities, something moving in that direction might be required to help reign in LIBOR.

    KEENE: Do you have the size of that guarantee? Have you seen a number on that?

    GREENLAW: Bank liabilities in the U.S. amount to about $11 trillion... but if you believe that a lot of the most problematic institutions have been resolved at this point, then maybe you can move forward with some type of guarantee for the remaining institutions who are deemed to be in better shape.

    Ireland has already taken this step, hence "the Irish solution." I heard a money-market broker making this same point on NPR's Planet Money yesterday:

    NPR'S ADAM DAVIDSON: These guys are pretty unimpressed with what's happened so far. They say the $700 billion bailout is not going to open up these short-term credit markets. They say it's like spitting in an ocean to raise the water level. They insist that what has to happen is that the government has to guarantee all deposits in all the major banks, not this FDIC thing up to $250,000, but all deposits, full stop, or else banks won't start lending to each other. And that affects all of us, because if banks don't lend to each other, they don't lend to you, they don't lend to me, they don't lend to your boss who pays your salary and on and on.

    MONEY-MARKET BROKER: The interbank market basically in the United States... not basically. The interbank market is frozen. For the simple reason that — and you hear this everywhere you turn — banks are afraid to lend to each other. And until the U.S. Treasury stops the primping and posturing of 'We're going to take an ownership stake here, we're going to do this, we're going to do that,' all they need to do is say one thing: We guarantee deposits six months and in, and this will loosen up.

    $11 trillion. The Paulson plan "spitting in an ocean." I have no idea whether these guys are right. But I agree with the argument that once other countries (Ireland) start doing this, the pressure to follow suit will be hard to resist at a certain point. Capital will gravitate to the countries where bank deposits are guaranteed.

    10/10 01:15 PM

  71. bob, there is more than enough blame, for everyone, including GWBush, once again we will mount up the "way back" machine.

    Bush aims to boost minority home ownership
    June 17, 2002

    ATLANTA (CNN) -- President Bush touted his goal Monday of boosting minority home ownership by 5.5 million before the end of the decade through grants to low-income families and credits to developers.

    "Too many American families, too many minorities, do not own a home. There is a home ownership gap in America. The difference between African-American and Hispanic home ownership is too big," Bush told a crowd at St. Paul AME Church in Atlanta.
    He urged Congress to expand the American Dream Down-Payment Fund, which would provide $200 million in grants over five years to low-income families who are first-time home buyers.
    "They're so proud to own their own home," Bush said. "What we've got to do is make sure these stories are repeated over and over."

    Bush added, "I do believe in the American dream. I believe there is such a thing as the American dream. And I believe those of us who have been given positions of responsibility must do everything we can to spotlight the dream."

    He said, "Owning a home is a part of that dream."

    Fannie Mae, Freddie Mac and the federal Home Loan Banks -- the government-sponsored corporations that handle home mortgages -- will increase their commitment to minority markets by more than $440 billion, Bush said.

    Bush signed on, as did Pelosi, Reid, McCain and Gramm.

    It is a rouges gallery, to be sure.

  72. I don't know, but the guys on the street are smart guys. If there is such a lack of trust and so forth, why does this come down now, when it looks like Obama may win, with his proposals to radically increase taxes, tanker money over to the third world, gut the military, cleanse the Supreme Court, put in some unworkable environmental stuff, and basically turn the world upside down?

    People seem scared, for sure.

  73. G.E. is there for the taking, Rufus. Check it out.

  74. Why didn't it come down earlier, if it is a matter of trust?

  75. Dead Voters To Pull Handle In Houston

    After my wife dies, if she goes first, I intend to tell no one, and keep gettin' them absentee ballots! :)

    Not really, I'll give her a decent Christian burial, and try to make some sense out of my life, which will be damned hard without her.

  76. Ash: CHANGE

    now there's a word you can really hang your hat on....Let's all hold hands and sing Koom ba ya. Maybe Ash will lead us.

  77. The dead should have their rights too!

    Postmortem voting for all!

    Kinda like a will, here in Idaho, you can keep control of your affairs, for, I think it is, 21 years, after you kick the bucket.

  78. Why didn't it come down earlier, if it is a matter of trust?

    Fri Oct 10, 01:37:00 PM EDT

    The catalyst wasn't there.

  79. It cracked, bob, when McCain pulled even. :)

    The Federals let Lehman fail, that broke the dam. They wouldn't bail out Jeb Bush's employeer, that then dominoed, in a cascade.

    But it is hard to blame Bush, Obama or even McCain for Iceland becoming a terrorist State.

    Which is what our best ally in the world, the Brits, declared it to be.
    So, not only is Ayers a terrorist, so is any Icelander you happen to meet.

  80. duece, he visits and pals around with those Icelandic terrorists.

    Oh, the associations!

  81. After my wife dies, if she goes first, I intend to tell no one, and keep gettin' them absentee ballots! :)

    And drive Rat to distraction. :)

  82. So, Warren Buffett is financing Morning Joe and his network.

    Potential Treasury Sec. Buffett,
    he brings good things to life.

  83. There's Tons of good companies out there, right now, Gag. This is where you buy 2 or 3 index funds, and come join Bob, and me, on the bench.

    I just get "intrigued" every now and then with a bet with a high "goofiness" factor. Cain't hep it. That's why I'm Not an "Active" trader any more. :)

  84. Ruf, I'm glad you're still awake. I got the perfect place for us in Coeur d'Alene, but need my daugher's help to post a picture of it.

    We got everything we need. We can bathe in the lake, drink at the hotel, watch girls all summer long!

  85. And, it's legal, long as the Social Security money don't run out.

  86. This comment has been removed by the author.

  87. Bobal: The dead should have their rights too! Postmortem voting for all!

    I dreamed that I was Jimmy Carter’s lover, and I was somewhere, I guess in the White House, and there were lots of other women there, too, and they were supposed to be his lovers too, but I never even saw Jimmy Carter, and none of the other women ever saw him either. And there was this big discussion going on because Jimmy had decided to open up the presidential elections to the dead. That is, that anyone who had ever lived would have the opportunity to become President. He said he thought it would be more Democratic that way. The more choice you had, the more Democratic it would be

  88. Buddy Larsen at his usual good self.

    100 years ago, we didn't have cars!

    buddy larsen:

    Mika, the game is called “economic growth”, and it is usually credited with creating wealth that, tho unevenly distributed according to the uneven value of the inputs (and the uneven military power of the judges of those values), is preventing famine and disease, and offering upward mobility, to a greater degree than previously in human history, resulting in sufficient material and psychological improvement in the ordinary person’s life that the improvement can be quantified as a longer average human life span.

  89. I dreamed that I was Jimmy Carter’s lover

    And, sometimes I worry about you, T.!

  90. I've been reading this book, "Saving Paradise" by a couple of older gals in Berkeley, and it's very good.
    They assert that Christianity became militant with Charlemagne, when he invaded the lands of the Saxons. The Saxons at the time were Christian, but with a very strong pagan overlay. They had still their sacred trees, and springs and so forth, the sacred tree, with the roots down in the creative deep, and the spiritual bird, or eagle on top, the meaning of which is that there is a creative impulse that forces life along, and Charlemagne busted it up.

    The Saxons fought back for decades, against this assault they couldn't understand.

    There were other forces at work as well, with the muzzies in Spain, in this episode of what has made our modern world.

    "Saving Paradise" comes with Bobal's five star rating, a good read.

    The early Christians thought of the eucharist as a participation in paradise, not at all as a rite to wash away the sins of the world, an idea that has taken root in our time.

  91. Bobal: They assert that Christianity became militant with Charlemagne, when he invaded the lands of the Saxons.

    That would be in the 770s. I'd place it (the birth of Christian militancy) closer to the 530s-540s, with the Byzantine Emperor Justinian I, when he reconquered much of the Western Roman Empire right before the Bubonic Plague stopped him in his tracks.

  92. Saving Paradise

    I don't go along with the idea of empire, but it's a good book.

    You may have a good idea there, about Justinian, T.

    But I'm not so sure about this business of sleeping with Jimmy Carter :)

  93. I would not buy GM or Ford. they will be around, but I doubt the current stock holders will not.

  94. Please excuse the pedantry but..."Bobal, the proof is in the pudding as they say. Look what your 'team' has produced - two messy messy wars and an economic meltdown. You ..."

    The proof of the pudding is in the eating.

  95. Thinking about sleeping with Jimmy Carter would make most anyone a lesbian.

  96. and it tastes like a shit sandwich these days.

  97. Well, what are we to do, when we are attacked.

    Just sit on our ass?

  98. Ash has no answer for this.

    I recall, for the first time in my life, how the flags went up all along our street here.

    What is the President to do? Celebrate the attack, like 'Reverened Wright' with his goddamn America?

    The feeling of the time was, any President that doesn't respond, would be impeached.

    And, with good reason.

    You tell us now just exactly what you would do, Ash, under the circumstances.

  99. President Ash would say, just take it.

    We deserve it.

  100. Maybe the bottom was 8600. up 1.1%right now.

  101. Maybe not. Dow is all over the place, trying to get traction.

  102. Typical "investment talking head on TV"

    "There are some tremendous buys here. If investors will just take the long term view and not panic there's real money to be made"…. 2008 crash..

    Ditto after 1987 crash, or as we told our investor's "a market adjustment"

    Well, with exogenous events like what is going on now (although I world argue it's an exogenous event) then a reasonable person would have learned never to trust the markets again. TWO trillion dollars are GONE (not to mention the money, your money, being poured into private institutions to save their asses) but the brokers want another pound of your flesh. But that’s not even close to the entire picture. Consider what is being seriously considered.

    Maybe you saw the headline the other day about how market losses have vaporized $2 trillion from Americans' 401(k) and pension plans.

    What you probably didn't see was this: A proposal to vaporize the tax advantages of 401(k)s.

    Well, "proposal" is probably giving this more credit than it deserves. It emerged during the same Congressional hearing where that $2 trillion figure was revealed. The chairman of the committee holding the hearing appears to have suggested this off the top of his head. And as the journalist Linda Ellerbee once quipped, ideas off the top of one's head are like dandruff — small and flaky.

    But please, don't take my word for it. Here's the account from the hearing room:

    A wide range of sweeping changes to the 401(k) system were proposed Tuesday at a hearing on how the market crisis has devastated retirement savings plans.

    Chief among them was eliminating $80 billion in tax savings for higher-income people enrolled in 401(k) retirement savings plans.

    This was suggested by the chairman of the House Committee on Education and Labor.

    “With respect to the 401(k), it appears to be a plan that is not really well-devised for the changes in the market,” Rep. George Miller, D-Calif., said.

    “We’ve invested $80 billion into subsidizing this activity,” he said, referring to tax breaks allowed for 401(k) contributions and savings.

    Let's be absolutely clear about what's going on here: Under the guise of "protecting" people's retirement savings from market losses, a veteran Congress member is suggesting that you [unless you fall outside his definition of "higher-income," heh-heh] should no longer be allowed to make tax-deferred 401(k) contributions. Because to the mind of a Congress member, the tax money you defer doesn't really belong to you. It belongs to the government to spend on its wars for the military-industrial complex and its bailouts for the financial-insurance-real estate complex.

    Of course, this raises all manner of unanswered questions. Does this apply only to future 401(k) contributions? Or will existing holders of 401(k) accounts be required to fork over taxes based on the current value of the account? Will that be in one lump sum, or spread out across a number of years? Will this apply to IRAs as well as 401(k)s? And what about folks in the Roth IRAs and 401(k)s who made their contributions after-tax? Will they have to pay a second time when they withdraw?

    But that's the great thing about speaking off the top of one's head. You don't have to provide details.

    Oh, and what, pray tell, might replace the present system? Here, we do have a bit of an answer. We return to the hearing room:

    Congress should let workers trade their 401(k) assets for guaranteed retirement accounts made up of government bonds, suggested Teresa Ghilarducci, an economics professor at The New School for Social Research in New York.

    When workers collected Social Security, the guaranteed retirement account would pay an inflation-adjusted annuity under her plan.

    “The way the government now encourages 401(k) plans is to spend $80 billion in tax breaks,” which goes to the highest-income earners, Ms. Ghilarducci said.

    That simply results in transferring money from taxed savings accounts to untaxed accounts, she said.

    “If we implement automatic [individual retirement accounts] or if we expand the 401(k) system, all we’re doing is adding to this inefficiency,” Ms. Ghilarducci said.

    I wish I'd blogged about this so I could trot out the proverbial I-told-you-so, but alas it's something I've shared only in inter-office correspondence. So you'll just have to take my word for it: I figured the day might come when someone would start floating proposals forcing people to dump a portion of their retirement savings into T-bills or savings bonds. Granted, that's not quite what the professor is talking about here with her "trade-in" proposal. But make no mistake, we've started our way down the slippery slope.

    Consider yourself warned. What might be an idea off the top of a Congress member’s head now could easily become legislation next year. More of the Daily Reckoning.

    And don't forget, it took the market from 1929 until 1955 to recover…..Ask yourself if you have that kind of time……if you are 55 today you'll be 81 (using the '29-55 time span) when this "downturn recovers...provided their aren't any bloopers.
    Good luck.

  103. I want to hear how President Ash, Coammander in Chief of Bitch and Moan, would have responded to 9/11.

    I'm goin' back to bed. Where the action is, cause we won't get shit from Ash.

    zzzz's are much more exciting.

  104. And the truly dark humor of all this is when the market finds a bottom and begins to slowly rebuild NO ONE will be able to quantify what was lost. Why?

    Because they couldn't and still can’t quantify what they were saving, They simply had a huge hemorrhage that they pour so much money at that the hemorrhaging slowed and then stopped.

    But they right now and never will know what quantity they were trying to save.

  105. "I'm goin' back to bed."
    WHAT KIND of fuckin Battle Cry is THAT?

  106. have a pleasant nap bobal and while your resting contemplate all the things that could have been done differently if you like. Start with not invading Iraq for a very simple answer. We can also parse over tons of woulda coulda shouldas but why bother? Time to look forward.

  107. 401'S ain't shit unless yer talkin Levis:
    My 389 w/3 Deuce's Smokes em by a mile.

  108. Yeah, Ash, if my guy had gotten his way, California wouldn't be eatin' Chinese Dirt.
    My guy bein Gen Curtis LeMay.

  109. Habu: Because they couldn't and still can’t quantify what they were saving, They simply had a huge hemorrhage that they pour so much money at that the hemorrhaging slowed and then stopped.

    My theory is that Bush is trying to clear all the money out before Obama gets in there to spend it his way.

  110. They Shoulda had Paul Newman running HUD, instead of that greasy Eyetalian Character, Coumo.

  111. Hurrah for state's rights and all that tommyrot.

    Connecticut’s Supreme Court ruled Friday that same-sex couples have the right to marry, making that state the third behind Massachusetts and California to legalize such unions.

  112. Doug: They Shoulda had Paul Newman running HUD, instead of that greasy Eyetalian Character, Coumo.

    Doug, I think you just stuck your hoof in your mouth.

  113. (not to imply that 'Rat's Clan hangs out in Grease Traps, of course.

  114. Barney gets the third Behind.

  115. ...I love it when he mmmumbles.

  116. Barr has the Trifecta for Fascist Libertarians.
    I did not know that.
    ...shoulda guessed, bein he's 'Rat's Choice.

  117. 'Rat's Cheering on Barry due to his Strong Stand on
    ...more like he stomps on them.

  118. Barry's a pre-viable intellect,
    and a moral midget.

  119. Doug,

    You are so right. That 389w/ three deuces was sooo sweet. You could get the same set up in the regular LeMans and save a bundle..but what a darn nice ride either way.
    I had a '65 Stingray 327/359 w/ close ratio when I was a jr./Sr. at U of FL. It was hot, literally because it was black and didn'y have an A/C ..I'd have to take a sirt with me to change into if I was going anywhere nice...but most nice plces wouldn't ley me who was it, George Burns...I wouldn't want to belong to any club that would have me as a member.

    But those you still have it?

  120. trish

    "We NEED a day in which, as rufus said, the trading floor is slick with vomit."

    Ruf was always one to turn a nice phrase. And it's one you can really lock into a visual.

    And persoanlly I've always thought vomit beat puke every time.

  121. Habu: who was it, George Burns...I wouldn't want to belong to any club that would have me as a member.

    That was Groucho, one of the Marx brothers. Too bad Obama is a member of his brother Karl's club.

  122. Goats were the greatest,
    'cept for my friend from the Valley 'fore the Dolls:

    He had a FI-327 in a Healey!
    ...the ultimate 12 second sleeper!

  123. Back then we @ UCSB were the GOUCHOS.
    Ouch, how un-PC could we be?

  124. Grease?
    That was a Travolta movie. no?

    Did Paulson say that the Federals should nationalize ALL the banks while testifying before Congress, today?

    Heard that he did, but I did not see it, to know fer sure.

    Find any other sources for that bogus KFYI story, doug? 5 million houses sold to 12 million illegals, while they are living 10 to a 2 room apartment, just miles from here.

    Now, I've heard that there were some folk that re-fried and headed down to Mexico with the proceeds, but 5 million of 'em, that is over the top.

    Seen any of those Icelandic terrorists around?
    Best we keep a lookout for 'em.
    Never know when they will throw a default, from a freighter, our way.

    They've already hit London, could NYCity be next?

  125. Anybody STILL really BELIEVE, Barry wrote them Books?
    no way, Joseph, and I ain't talkin Biden.

  126. What, in heavens name, is wrong with being a GROUCHO?

    Got a problem with the Marxist brothers?

  127. Your cousin, Berlesconi, sez it's Gotta be a Global Solution, 'Rat.
    A Head of his Time.

  128. Ayers, Dorhn, and Hussein, esq.
    The Marxist Brothers and Sista.

  129. Mr Bush, duece, cannot direct the Federal Reserve to do anything.

    He could direct the Treasury to do that, but he has no authority over the Federal Reserve.

    He could ask, perhaps get down on his knee, like Mr Paulson, his Treasury Sec, did in homage to Ms Pelosi.
    But direct, not bloody possible, it is not within the scope of the Federal Reserve Act of 1913 for the President to direct the Federal Reserve.

    As to the video, seems Obama and Bush agreed on the importance to the nation of increasing minority home ownership. Back in the day.

  130. But Bush did it out of Compassion.
    Barry, Social Justice.
    Two Weiners in a Row.

  131. This entire episode, doug, is a trilateralist boner's dream.

    Central planning is required on a Global basis, to save us all, in this new, flat, world economy.

    Brought to US by the usual suspects.

    Pass the bananas, will you?

  132. Compassionate Social Justice, doug.

  133. Cheer up, gasoline's about $3.00 here today.

  134. It's a lot like Nixon goin to China:
    A Dem never coulda gotten away w/it so soon.

  135. That China trip, just look how well that turned out, in the long run.

    Got US where we are, today.

  136. Them Chicks are comin Home to Roost!
    Too bad for Granpa.

  137. Don't start with those damn Dixie Chicks, doug!

  138. This comment has been removed by the author.

  139. Nice old Japanese Solar Man came by two days ago:

    I'll bet he and the missus had things set up just like they planned for the last 50 years. his son and family moved in, so there's 7 of em.

    The upside is he says his 80 Gal Heater is still up to the task.

    Least of his concerns, no doubt.

  140. Trader at the Chicago Merc: "The best I've heard it described is, 'Worse than a divorce: I've lost half my money but I've still got my wife.'"

    His solution: A clearinghouse for derivatives. Until there is one, the inter-bank credit market won't unfreeze.

  141. Trish: His solution: A clearinghouse for derivatives. Until there is one, the inter-bank credit market won't unfreeze.

    A clearinghouse? With what liquidity? You've got a chicken/egg problem there.

    "Unless derivatives contracts are collateralized or guaranteed, their ultimate value also depends on the creditworthiness of the counterparties to them." -- William Buffet

  142. ...a public auction, like that guy that sold 10,000 chances to buy his house.

  143. his house is cleared out.

  144. The crown of the wise is their riches, but the foolishness of fools is folly. (Proverbs 14:24)

    I've got a 401k too, and it's taking a haircut right along with the rest of yours. The difference is that 85% of it is invested in US government bonds. That means I didn't ride this historic bull market up to the heights you did. But it also means I still have most of my nest-egg right now as the stock market crashes. The part of it I actually had invested in stocks was just fun money.

    In fact the whole 401k is just fun money, I'm mostly counting on my government pension to my government job when I retire in about 15 years. The only way it won't be there is if there is no US government at all. And if that happens we've all got bigger problems.

    This house I share with my girlfriend is just a modest 1,500 square foot three bedroom single story ranch house about halfway between Seattle and Tacoma, near I-5. Real hardwood floor. It's about forty years old but it was fixed up by a carpenter who lived here before we bought it. I didn't get one of those $400,000 jobs out there in Maple Valley that looks like they were stamped out with a cookie cutter, and was put together so half-assed the glass patio door likes to jump its track. And we got the house early in 2002, near the bottom of the housing bubble, so we're not upside-down. We've actually got equity. And we didn't cash in on that equity by taking a second mortgage so we could get a giant plasma TV and a couple of SUVs.

    We paid our credit cards down to a few hundred dollars each. We paid off our cars and just keep driving them, year in and year out. If my computers blow up I just get used ones and throw Linux on them. Sure we got nothing to show off to the neighbors, and it's a boring life, but that's the way we like it. We want to keep living our boring life right through the Bush Depression while everyone else is living on the edge.

  145. Hat Tip: /Doug
    Calling the Old Media: Five Million Illegals Have Illegal Mortgages in U.S.A.!

    found in the notes from the above link
    It gets better: Look at the map where those who owe more than the house is worth. Notice any similarities to the unemployment picture and concentrations of illegals

  146. Hat Tip: /Doug
    Calling the Old Media: Five Million Illegals Have Illegal Mortgages in U.S.A.!

    found in the notes from the above link
    It gets better: Look at the map where those who owe more than the house is worth. Notice any similarities to the unemployment picture and concentrations of illegals

  147. Ash, the Great President, cannot answer as to how he would have responded to 9/11.

    Ash, the Great President, will not answer a simple question.

    Ash is a piece of crap.

  148. Ms T,

    Thanks for the Groucho correction. I couldn't remember and was too lazy to look it up. Not say'n facts don't matter but lazy does matter.

  149. We're in the last quarter of the year so I guess we should get our list of top five stories of the year together.

    Is that Ok Deuce?

  150. Panel's Report Finds Palin Abused Power in Firing

    A legislative committee investigating Gov. Sarah Palin found
    she unlawfully abused her authority in firing Alaska's public
    safety commissioner, The Associated Press reported.

    Read More:

    Well that should finish off McCain & Co.

  151. Palin also "violated no laws" according to the report.

    How can one abuse power and not violate laws?

    If I can get my hands on a lawyer in the next 24 hours, I will strangle him until he is dead.

    I am tired of this shit. It is everywhere in this country.


    I find that, although Walt Monegan's refusal to fire Trooper Michael Wooten was not the sole reason he was fired by Gov. Sarah Palin, it was likely a contributing factor to his termination as a commissioner of public safety. In spite of that, Governor Palin's firing of Commissioner Monegan was a proper and lawful exercie of her constitutional and statutory authority to hire and fire executive branch department heads.

    So what is the fucking problem?

  153. NYC National Debt Clock runs out of digits

    In a sign of the times, the National Debt Clock in New York City has run out of digits to record the growing figure.

    As a short-term fix, the digital dollar sign on the billboard-style clock near Times Square has been switched to a figure — the "1" in $10 trillion. It's marking the federal government's current debt at about $10.2 trillion.

    The Durst Organization says it plans to update the sign next year by adding two digits. That will make it capable of tracking debt up to a quadrillion dollars.

    The late Manhattan real estate developer Seymour Durst put the sign up in 1989 to call attention to what was then a $2.7 trillion debt.

  154. Brother D-Day,

    Good on ya for pointing that out. He also serves at her pleasure so she really didn't need a reason at all.

  155. Just trying to keep it real Habu.

    Carry on barmates. I'm goin' back to lurkin' with my Herradura.


  156. This comment has been removed by the author.

  157. Sarah may have made an error there but the outcome is unknown, and the judges are the democratic party machinery.

    The guy threatened to kill her family.

    Let's see what moron
    Ash has to say.

  158. Palin will not lose one vote over that report. It says nothing.

  159. Again, on the face of it that 5 million number is bogus.

    Even if there are 20 million illegals in residence, as I've touted for quite a while.

    This snippet, from charles last link fits the true picture, seems to me

    To date, the FBI reported, "Fifty-eight loans with a total value of $6.2 million have gone into default, with a loss to the Housing and Urban Development Department of over $1.9 million."

    58 loans.
    Not 580, not 5,800, not even 58,000.

    A far, far cry from 5 million.
    KFYI took down the page, because it was wrong.

  160. The guy threatened to kill her family.

    What are gonna do, Ash?

  161. Bro-D Day

    I had this comment today on Powerline.

    "It is going to come to blood. It will be Civil War. It will probably be forever known as the ACORN War/riots. A good portion of the black population will get wiped out and it won’t take long. A good many universities will be looking for middle of the road professors who only want to teach, not propagandize. Many writers and editors in the media who have supported socialism and communism and subverted our republic through propaganda will need a new country to live in or live underground. Blood is going to be the cathartic. And we’ve reached the point where Jefferson would be proud of the nurturing of the tree of liberty that will be administered. Perhaps you’ve noticed the anger now reaching a crescendo. It is real and it will be satisfied. Just as we are having a stock market crash, we were also born in revolution, and had a Civil War. Another one is upon us. Believe it to be hyperbole at your peril. Anger’s finger is poised on the trigger"

    It drives some folks wild to read it but it met with a good response. And it happens to be more accurate than not. I'm betting accurate unless someone takes out the trash

  162. What are you gonna do Ash, negotiate?

  163. You call the State Police, bob.

    Oh, he was the State Police.
    Then you call the Feds.

    Especially if you are the Governor.
    It becomes a Federal Civil Rights case.

    Or you take matters into your own hands, if you are a secessionist.

  164. If McCain does not win, and it is not looking good, it is because he does not have the steel teeth needed to become president. Too bad that. Palin on the other hand has the passion and is vicious enough to go for the jugular.

    I kind of like that. Never did like them meek and mild.

  165. McCain could still win this if he wanted it as badly as the Messiah does. Obama has a mission, McCain a duty.

  166. Habu,

    It definitely feels like something really ugly is brewing.

    The Powers That Be may think they can use this to get their global government, but I have a feeling they will be surprised by the response.

    The country is not full of infantile bed-wetters that the media tries to make us think it is.

    Most people have an attitude of "Fuck it. If it crashes, I will start over."

    If it's all gonna crash, let's get on with it so we can rebuild already.

  167. Is Wooten still a State Policeman?

  168. If someone threatened to kill my entire family, I might be tempted to turn to a guy like Desert Rat, who knows what a gun is about, and has memorised the Second Amendment.

  169. Deuce,
    "Get the together Habu"

    Hey I just posted it and made a comment
    Now I have to get some "the" together?
    I tried it once it was hard. Those "the's" are damn hard to get together but I'' try..

    No actually what I should have elaborated on was the spin that will be applied by the spinners will make it sound like she was plotting the next "all bad, all the time deal"...and you know that's the way Obama will spin it.

    One does have to look at the latest poll numbers and the campaigning of John McCain (I support him) and wonder WTF. In his ads he's all over Obama about being untrustworthy, which of course he is, but on the stump today he was booed by his own supporters for saying Obama was an honorable guy. How do you square those positions?

    Point is you can't. John is running a very inept campaign. Sarah is doing all the heavy lifting but she can’t do it alone.

  170. Habu: Ms T, Thanks for the Groucho correction. I couldn't remember and was too lazy to look it up. Not say'n facts don't matter but lazy does matter.

    One time I woke up and corrected a whole Elephant Bar in my pajamas. How they all got in my pajamas I'll never know.

  171. Who squeezes the first shot off at a National Guardsmen?

    The local policeman?

    The folk in the Obama majority States. Or those in the States that go for Maverick

    As it stands now McCain could take all the toss-uo States and still lose.

    Who is going to start the ball, in CA, NY, or here in AZ, for that matter?

    Who is the first target?

  172. Rumor has it Invesco just bought 10% of VSE. Hmm

  173. Ingraham:
    McCain names Romney to be Treasury Sec. Rudy Attorney General.
    I'm for that.
    ...and 2 Trillion worth of Oil Taxes starting as soon as the new oil flows.

  174. Saw that, too, habu.
    Maverick at his norm, not sticking to a script he does not believe, himself.

    Which is one of the most telling moments of the campaign.

    He does believe that Obama is qualified,
    to be President.

  175. bobal
    If someone was threatening to kill your entire family the you have to go to the "unique rabbit" method.

    Understand? Ok here.

    Do you know how to catch a unique rabbit?
    Unique up on it!

    Do you know how to catch a tame rabbit?

    Tame way.

  176. Habu, you see that "coming race war" stuff a lot on the blogs run by guys with sheet for brains. Dirty little secret: the ACORN types only riot in their own little areas, and the David Duke types just let em do it. Blackwater makes sure they all stay inside the ring. Suppose OJ lost his first trial in 1995, do you think there would be riots in Brentwood, or Watts?

  177. I took a nap. How long after the Euro/Dollar hit $1.344 did the Market Rally?

  178. Which tells us what,
    about McCain's judgement?

  179. I was referring to you getting this together:
    habu said...
    We're in the last quarter of the year so I guess we should get our list of top five stories of the year together.

    Is that Ok Deuce?

    Fri Oct 10, 08:53:00 PM EDT

  180. DR,

    As you know I want McCain and I will vote for him but as I observe him there are a number of things that are apparent. Some are not positives. Overall vigor is the most notable.

    Is Lyndon LaRouche running?

  181. 2164,

    We're in the last quarter of the year so I guess we should get our list of top five stories of the year together.

    Well can we?

  182. 2164,

    I mean I might nominate the 700th anniversary on the war on drugs, only to be overtaken in the closing weeks by a Daly Plaza event.

  183. Rufus,

    TED spread is at 4.3265.

    That's frickin' huge. Credit markets are still tighter than a frog's ass.

    They massive buying by the Plunge Protection Team at 3:30p EDT today will be tested Monday.

  184. sure write them up and we will post them. I of course will handle the graphics.

  185. 'night all.

    Gotta aerate, seed and fertilize the pasture tomorrow.

    Farmer's Almanac sez we're in for the coldest winter in a good while.

    Need to get all the horsefeed I can grown, cut and baled.

  186. Ms T,

    Good points . This time it's different and the ring will close.

    This time we're talking about a commie in the WH and the Olive Group, Blackwater etc won't like that. Not to mention that I don't have to say a thing but go to any gun range and just listen to the talk. Time will tell.

  187. I do not think so, habu.

    wiki tells us about his recent endevours

    In August 2007, LaRouche authored the "Homeowner and Banks Protection Act of 2007," designed to freeze mortgage rates, halt foreclosures, and prevent banks from closing their doors due to insolvency. His organization and particularly his youth movement began lobbying both the congress and also state and local governments for the passage of this legislation, in what they characterize as an unsuccessful attempt to prevent the Subprime mortgage crisis.[

  188. Yep nite for me too. I staed up until 3AM to see what Asia was going to do in the markets. I'm a whipped parfait.
    Good rest to all.