tag:blogger.com,1999:blog-21297199.post232819446689090932..comments2024-03-29T06:35:11.321-04:00Comments on The Elephant Bar: Today, the Germans and French are Talking About Breakup of EuroDeuce ☂http://www.blogger.com/profile/13472858446242700869noreply@blogger.comBlogger86125tag:blogger.com,1999:blog-21297199.post-16407002449711703402011-11-11T04:24:52.579-05:002011-11-11T04:24:52.579-05:00In that regard, it is a less than perfect project....In that regard, it is a less than perfect project.<br /><br />It is, though ...<br /><br />Good to Go!<br /><br />Legally.desert rathttps://www.blogger.com/profile/02369546288659566961noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-49730378625637265202011-11-11T04:23:01.697-05:002011-11-11T04:23:01.697-05:00There could be improvements made, to the coin mint...There could be improvements made, to the coin minting project, it could be better "aimed", but that is not the point.<br /><br />The coinage project is not a hypothetical, it is not a proposal.<br /><br />It is the existing law.<br /><br />Turn-key or ...<br /><br />in the modern idiom ...<br /><br />Shovel Ready.desert rathttps://www.blogger.com/profile/02369546288659566961noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-71945272533988159892011-11-11T04:04:20.063-05:002011-11-11T04:04:20.063-05:00This comment has been removed by the author.desert rathttps://www.blogger.com/profile/02369546288659566961noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-74500815631215964902011-11-11T01:19:46.519-05:002011-11-11T01:19:46.519-05:00But then I am in a post-punk state of mind.But then I am in a post-punk state of mind.jennynoreply@blogger.comtag:blogger.com,1999:blog-21297199.post-35876244566253657792011-11-11T01:15:53.548-05:002011-11-11T01:15:53.548-05:00Another day in Idiocracy, one of many, not Ground ...Another day in Idiocracy, one of many, not Ground Hog’s Day, worse, the Mike Judge movie, the US president is at the podium and being booed, but then he reaches back and pulls out a huge machine gun and fires a rapid blast into the ceiling and then says to the stunned silent audience “Right, that’s what I thought”. Ok, so Frog Baseball was worse.jennynoreply@blogger.comtag:blogger.com,1999:blog-21297199.post-85838046085595857872011-11-10T22:53:18.561-05:002011-11-10T22:53:18.561-05:00tragedy:
A drama or literary work in which the ma...tragedy:<br /><br />A drama or literary work in which the main character (US army) is brought to ruin or suffers extreme sorrow [embarrassment], especially as a consequence of a tragic flaw [cowardice], moral weakness [cowardice], or inability to cope with unfavorable circumstances [Islamic norms].allenhttps://www.blogger.com/profile/15605114251615293411noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-33273649804641238382011-11-10T22:47:10.554-05:002011-11-10T22:47:10.554-05:0083 victims, family members seek $750M for 2009 For...<a href="http://weareaustin.com/fulltext/?nxd_id=194357" rel="nofollow">83 victims, family members seek $750M for 2009 Fort Hood shooting tragedy</a><br /><br />"’I brought this claim because I strongly believe this tragedy was totally preventable and that the Army swept under the rug what they knew about Hasan,’ Munley said in a statement.”<br /><br /><br />And, son, the pukes are still sweeping. The major problem faced by the US army is that BS doesn’t sweep all that well.<br /><br />Hey, maybe the recently unattached “jenny” can weight in now.allenhttps://www.blogger.com/profile/15605114251615293411noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-43486832688056007912011-11-10T20:28:26.116-05:002011-11-10T20:28:26.116-05:00101 Maz2: “Unions Furious at Obama for Killing Pip...<b>101 Maz2:</b> <i>“Unions Furious at Obama for Killing Pipeline Jobs”</i><br /><br />Obama is getting long-delayed revenge for Rosa Parks being told to go to the back of the bus by throwing white hard-hat liberals under the bus. Oh <i>well.</i> Elections have consequences. Too many people these days want to have their cake and eat it too. Next year in the voting booth, the Union pipefitters will have a clear choice: Their family's livelihood, or the livelihood of the Eastern Hellbender Salamander. I have no doubt they will vote straight "D".Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-21297199.post-5751176992300407392011-11-10T20:14:18.856-05:002011-11-10T20:14:18.856-05:00Anonymous said... Men and institutions of man are ...<b>Anonymous said...</b> <i>Men and institutions of man are falling like dominos.</i><br /><br />The universe is squaring some accounts, that's all. Contradictions cannot exist. Manufacturing energy from thin air cannot happen. You can move energy around, but when you've tapped all of the producers, your whole redistribution structure comes crashing down.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-21297199.post-2346342761886094612011-11-10T19:42:15.675-05:002011-11-10T19:42:15.675-05:00Men and institutions of man are falling like domin...Men and institutions of man are falling like dominos.<br /><br />Strange days.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-21297199.post-70021861717660107252011-11-10T18:48:12.854-05:002011-11-10T18:48:12.854-05:00.
Romney says he will prevent Iran from getting n....<br /><br />Romney says he will prevent Iran from getting nuclear weapons.<br /><br /><i>I want peace. And if I am president, I will begin by imposing a new round of far tougher economic sanctions on Iran. I will do this together with the world if we can, unilaterally if we must. I will speak out forcefully on behalf of Iranian dissidents. <b>I will back up American diplomacy with a very real and very credible military option.</b> I will restore the regular presence of aircraft carrier groups in the Mediterranean and the Persian Gulf region simultaneously. I will increase military assistance to Israel and coordination with all of our allies in the region. <b>These actions will send an unequivocal signal to Iran that the United States, acting in concert with allies, will never permit Iran to obtain nuclear weapons.</b></i><br /><br /><br /><br /><a href="http://online.wsj.com/article/SB10001424052970204224604577027921373481512.html" rel="nofollow">Romney Says Nyet to Iran's Nuclear Ambitions</a><br /><br />.Quirkhttps://www.blogger.com/profile/00272168240606512672noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-23269676582692149002011-11-10T18:36:20.913-05:002011-11-10T18:36:20.913-05:00.
Conservative sources (I forgot whether Doug was....<br /><br />Conservative sources (I forgot whether Doug was incensed in them being called conservative, right wing, or just 'the right') appear to believe Newt did a great job last night.<br /><br />Columns from the Weekly Standard, Fox News, and the Telegraph say he had a boffo performance. I didn't see it as being that great but everyone has their opinion.<br /><br />I believe it was <i>jenny</i> that made the point that Newt would fit right in here at the EB. I tend to agree.<br /><br />Newt as president, however? I'd need a lot more convincing.<br /><br />.Quirkhttps://www.blogger.com/profile/00272168240606512672noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-86073271348573302742011-11-10T18:26:29.895-05:002011-11-10T18:26:29.895-05:00This comment has been removed by the author.desert rathttps://www.blogger.com/profile/02369546288659566961noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-27883388389345981782011-11-10T18:11:17.944-05:002011-11-10T18:11:17.944-05:00But instead of doing their civic duty, these "...But instead of doing their civic duty, these "Men of Power" tried to feather their own nests, at the expense of the future victims.<br /><br />Now the house of immorality comes tumblin' down.<br /><br />All Along the Watchtower.<br /><br /><i>Businessmen, they drink my wine, plowmen dig my earth<br />None of them along the line know what any of it is worth. </i>desert rathttps://www.blogger.com/profile/02369546288659566961noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-44974852624046039862011-11-10T18:08:07.002-05:002011-11-10T18:08:07.002-05:00.
Teresita said...
Quirk: He wants QE3 because....<br /><br /><br /><i> Teresita said...<br /><br />Quirk: He wants QE3 because he saw corporate profits rose under QE1 and QE2.<br /><br />T: Not in real money they didn't rise, not since 2000.<br /><br />Maybe in Monopoly money the profits are up.</i><br /><br /><br /><br /><br />An interesting chart, but one that , IMO, is not really appropriate for judging the effect of QE1 and QE2 on corporate profits.<br /> <br />First, since we are talking the period 2009-2010, most of the chart doesn’t cover the applicable time frame.<br /><br />Second, in judging the chart in inflation adjusted terms we have to note that it continues its downward slope even though in 2009 we had a negative inflation rate and in 2010 the rate was only positive by about 1.5%.<br /><br />Third, the S&P index reflects stock prices not profits. And while, it would be nice to believe that there should be a direct 1 to 1 correlation between projected earnings and the stock price, it is a lot more complicated than that especially given the economic circumstances over the past couple years.<br /><br />Fourth, my comment that corporate profits rose after QE1 and QE2 had no great research behind it other than numerous columns that have been written on the subject. I’ve listed the first two that popped up when I googled the subject.<br /><br /><a href="http://www.nytimes.com/2010/11/24/business/economy/24econ.html" rel="nofollow">Corporate Profits Were the Highest on Record Last Quarter</a><br /><br />And <br /><br /><a href="http://www.wsws.org/articles/2011/mar2011/econ-m26.shtml" rel="nofollow">US corporate profits hit record high, new home sales at record low</a><br /><br />The first columb is from the NYT; but once again Doug will likely jump all over me for listing a column from <i>World Socialist Network</i> but honestly it just the luck of the draw. Besides while possible they may tend to skew the interpretation, the data seems to be from BLS.<br /><br />.Quirkhttps://www.blogger.com/profile/00272168240606512672noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-13317941622232953412011-11-10T17:29:08.381-05:002011-11-10T17:29:08.381-05:00Second MileSecond MileMOMEhttps://www.blogger.com/profile/18307879234693014691noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-84301053020117176412011-11-10T17:28:36.951-05:002011-11-10T17:28:36.951-05:00One call to the local police, ten years ago or so,...One call to the local police, ten years ago or so, gag, would have been enough to save the Program.desert rathttps://www.blogger.com/profile/02369546288659566961noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-40613765641148797972011-11-10T17:27:17.843-05:002011-11-10T17:27:17.843-05:00The poll could have asked "will" - indee...The poll could have asked "will" - indeed, it did exactly that :-)allenhttps://www.blogger.com/profile/15605114251615293411noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-55768327332840421162011-11-10T17:26:34.886-05:002011-11-10T17:26:34.886-05:00It has gone deeper than that, Rat.
Sandusky's...It has gone deeper than that, Rat.<br /><br />Sandusky's Second Chance program was apparenty loaning out little boys to rich pedophile donors.<br /><br />It has been a massive coverup from the get go, if what is being said is true.MOMEhttps://www.blogger.com/profile/18307879234693014691noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-78964438714298861562011-11-10T17:25:46.165-05:002011-11-10T17:25:46.165-05:00That, ash, is cover in current expenditures and re...That, ash, is cover in current expenditures and revenues.<br /><br />All the Federals borrow, $1.2 trillion this year, is all that needs to be supplemented.<br /><br />The objective is to take the Federals out of the debt market, not restructure the entire schedule.<br /><br />They were going to borrow $1.2 trillion, this year. Under "The Plan" the Federals will not have to borrow a dime from the markets.<br /><br />That is the economic stimulus, the market reallocating the money the Federals would have been borrowing.<br /><br />The political stimulus, that would be far greater.desert rathttps://www.blogger.com/profile/02369546288659566961noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-10833657856734218772011-11-10T17:25:32.916-05:002011-11-10T17:25:32.916-05:00An internet poll asks: While Perry be able to over...An internet poll asks: While Perry be able to overcome his gaff?<br /><br />Will Perry be able to get over himself, is more to the point.allenhttps://www.blogger.com/profile/15605114251615293411noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-84710705335153443912011-11-10T17:25:14.948-05:002011-11-10T17:25:14.948-05:00...the defense leadership is worried that after a ...<i>...the defense leadership is worried that after a decade of counterinsurgency operations the U.S. military has lost its focus on conventional warfare, especially the strike and counterstrike that drives much of a military operation...</i><br /><br />Translation: The DoD is worried about the $450 billion dollars in cuts over thge next decade that will be their (our) contribution to the deficit-balancing equation. But as a DoD insider (GS-11) I can tell you there's a lot of fat that can be trimmed. Lately there has been a push to replace the ancient pyramid-style chain of command with a "matrix" type organization that has the same number of workers answering along two axes of authority, which allows for more management billets along the upper and left hand margins of the matrix. This congressional supercommittee might save us from going to a cube structure.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-21297199.post-58144323842910356052011-11-10T17:20:28.282-05:002011-11-10T17:20:28.282-05:00You haven't accounted for the spending gap nor...You haven't accounted for the spending gap nor additional interest payments nor redemption of bonds coming due so much more than 1.2 trillion need be minted to keep out of the debt market.Ashhttps://www.blogger.com/profile/16688752302081088907noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-78098623490788232292011-11-10T17:19:11.312-05:002011-11-10T17:19:11.312-05:00All any of those "In Charge" had to do, ...All any of those "In Charge" had to do, gag, was call the police and file a report.<br /><br />But each and everyone of those people failed their civic responsibility, to protect those that are unable to protect themselves, from predators.desert rathttps://www.blogger.com/profile/02369546288659566961noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-51255404600433213682011-11-10T17:16:35.570-05:002011-11-10T17:16:35.570-05:00The interest that the Treasury pays, ash, as of th...The interest that the Treasury pays, ash, as of the debt ceiling debate, is $1.2 trillion per year.<br /><br />Mint that in coin and deposit it at the Federal Reserve.<br /><br />The sale of $1.2 trillion in bonds that the Treasury was going to sell, in the coming year to pay that interest, is suspended.<br /><br />The interest is paid, as it comes due, out of the account at the Federal Reserve.<br /><br />The Federal Treasury out of the debt market, for at least 12 months.<br /><br />Then the next Administration can do what is best, at that time.<br /><br />But, until Federal revenues rise enough to the point that they can cover the interest payments, the Treasury can issue coin, to cover the interest.<br /><br />It does call for the Congress to behave responsibly, in 2012 and beyond.desert rathttps://www.blogger.com/profile/02369546288659566961noreply@blogger.com