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Science Forum Index » Energy - Hydrogen Forum » Enter 2008: The System Breaks
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| Guest |
 Posted: Fri Feb 15, 2008 2:13 pm |
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On Feb 15, 2:33 pm, Dan Bloomquist <publi...@lakeweb.com> wrote:
Quote: Paul Thomas, CPA wrote:
"Dan Bloomquist" <publi...@lakeweb.com> wrote
Historically? Like, Herbert Hoover?
Good Lord. You really can't piece together the economic ups and downs and
lay them over the election cycle.
You didn't answer the question. Just more obfuscation.
Eight years from now total liquids will likely be down to 75mb/d. We
consume 25% of world production. What do you have in mind? Where will the
consumer get the new capital?
Do you not realize there's a whole world out there beyond the end of your
nose.
Yea, but apparently you have your head up your ass.http://lakeweb.blogspot.com/http://www.theoildrum.com/
Why you think this one guy "Bernanke" controls the world, the global
economy, your life.......is beyond me. Does your job, and your entire
livelihood depend on what he has for lunch?
I never said he did,
"you think Bernanke will save us"
And you obfuscated about world economies.
Do you really think this one guy can screw it all up?
Why don't you answer the question in the stead of asking stupid questions?
are you dictating what my thoughts are?
Your questions emit your thoughts.
No, the question is valid. How you you think he got the moniker,
Helicopter Bernanke?
How about you answer the question?
Oh, you're serious.
You are the one parading around like the expert. Back your bullshit.
So, you think Bernanke will save us
I know one man can't do shit. He can't "save us" and he can't harm us
either.
So, we are screwed?http://www.federalreserve.gov/boardDocs/speeches/2002/20021121/defaul...
If you, or hundreds of thousands of others want to put all your faith in the
actions of one guy, then go right ahead.
Gee, there you go again, presuming what I think. So, ansewer the
question. Do we get deflation or hyper inflation?
For most people, shit happens, and tomorrow they go back to work driving
the same car they drove yesterday, or taking the same bus/train/subway
they'll take tomorrow. Life goes on and nothing is all that different.
Gee, tell that to the poor sap of the roaring twenties.
Life was tough, people survived, the world went on, and look where we're at
today.
Yea. Debt to equity off the charts compared to the 20s and now peak oil.
You still don't get this.....
He will when the Chinese send all their unemployed here.
http://www.worldtribune.com/worldtribune/WTARC/2008/ea_china_02_15.asp |
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| Dan Bloomquist |
| Posted: Fri Feb 15, 2008 2:39 pm |
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Guest
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Paul Thomas, CPA wrote:
Quote: knews4u2chew@yahoo.com> wrote
I warned about alll this 4 years ago.
And in four years from now I predict we'll be in the midst of another
election, that the economy will be doing great...
Really!? So, you think Bernanke will save us without hyperinflation? How
will he pull it off? |
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| Paul Thomas, CPA |
| Posted: Fri Feb 15, 2008 4:29 pm |
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Guest
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"Dan Bloomquist" <public21@lakeweb.com> wrote
Quote: Paul Thomas, CPA wrote:
knews4u2chew@yahoo.com> wrote
I warned about alll this 4 years ago.
And in four years from now I predict we'll be in the midst of another
election, that the economy will be doing great...
Really!? So, you think Bernanke will save us without hyperinflation? How
will he pull it off?
Historically, regardless of which party is in power, when ever an election
cycle comes up, there's a drop in the economy. Regardless of who is the
incumbent party, if they lose, it's a rough year (or so) till the economy
settles into the new administration.
I believe, based on the numbers, that there will be a party change in the
oval office this year, which means it'll be quite shitty for at least
through 2009 (or most of it). Everybody calms down after that for the next
three years. It's also likely that we'll see that same party retain control
for a second term (unless they really fuck it up), but generally after 8
years in office, the public will be looking at a party change once again
(the public now realizing that the "party of change" wasn't what they
wanted.)
Why you think this one guy "Bernanke" controls the world, the global
economy, your life.......is beyond me. Does your job, and your entire
livelihood depend on what he has for lunch?
For most people, shit happens, and tomorrow they go back to work driving the
same car they drove yesterday, or taking the same bus/train/subway they'll
take tomorrow. Life goes on and nothing is all that different. Well, we do
change who we get to bitch about, and the topic at the water cooler is about
who did who - but the location moved from soaps or reality TV to the halls
of the oval office.
--
"Under certain circumstances profanity
provides a relief denied by prayer"
Mark Twain
---------------------------------------------
Paul A. Thomas, CPA
Athens, Georgia |
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| Dan Bloomquist |
| Posted: Fri Feb 15, 2008 5:34 pm |
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Guest
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Paul Thomas, CPA wrote:
Quote: "Dan Bloomquist" <public21@lakeweb.com> wrote
Paul Thomas, CPA wrote:
knews4u2chew@yahoo.com> wrote
I warned about alll this 4 years ago.
And in four years from now I predict we'll be in the midst of another
election, that the economy will be doing great...
Really!? So, you think Bernanke will save us without hyperinflation? How
will he pull it off?
Historically, regardless of which party is in power, when ever an election
cycle comes up, there's a drop in the economy. Regardless of who is the
incumbent party, if they lose, it's a rough year (or so) till the economy
settles into the new administration.
Historically? Like, Herbert Hoover?
Quote: I believe, based on the numbers, that there will be a party change in the
oval office this year, which means it'll be quite shitty for at least
through 2009 (or most of it). Everybody calms down after that for the next
three years. It's also likely that we'll see that same party retain control
for a second term (unless they really fuck it up), but generally after 8
years in office, the public will be looking at a party change once again
(the public now realizing that the "party of change" wasn't what they
wanted.)
Eight years from now total liquids will likely be down to 75mb/d. We
consume 25% of world production. What do you have in mind? Where will
the consumer get the new capital?
Quote: Why you think this one guy "Bernanke" controls the world, the global
economy, your life.......is beyond me. Does your job, and your entire
livelihood depend on what he has for lunch?
I never said he did, are you dictating what my thoughts are? How about
you answer the question? BTW, your obfuscation is obvious.
So, you think Bernanke will save us without hyperinflation? How will he
pull it off?
Quote: For most people, shit happens, and tomorrow they go back to work driving the
same car they drove yesterday, or taking the same bus/train/subway they'll
take tomorrow. Life goes on and nothing is all that different.
Gee, tell that to the poor sap of the roaring twenties.
Quote: Well, we do
change who we get to bitch about, and the topic at the water cooler is about
who did who - but the location moved from soaps or reality TV to the halls
of the oval office.
You are babbling..... Of course, you don't have a clue.... |
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| Paul Thomas, CPA |
| Posted: Fri Feb 15, 2008 6:20 pm |
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Guest
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"Dan Bloomquist" <public21@lakeweb.com> wrote
Quote: Historically? Like, Herbert Hoover?
Good Lord. You really can't piece together the economic ups and downs and
lay them over the election cycle.
If not, then maybe talk to a real honest to God economist, or a half-assed
financial advisor, or the bar tender at the corner pub.
Quote: Eight years from now total liquids will likely be down to 75mb/d. We
consume 25% of world production. What do you have in mind? Where will the
consumer get the new capital?
Do you not realize there's a whole world out there beyond the end of your
nose.
Quote: Why you think this one guy "Bernanke" controls the world, the global
economy, your life.......is beyond me. Does your job, and your entire
livelihood depend on what he has for lunch?
I never said he did,
"you think Bernanke will save us"
Do you really think this one guy can screw it all up?
Quote: are you dictating what my thoughts are?
Your questions emit your thoughts.
Quote: How about you answer the question?
Oh, you're serious.
Quote: So, you think Bernanke will save us
I know one man can't do shit. He can't "save us" and he can't harm us
either.
If you, or hundreds of thousands of others want to put all your faith in the
actions of one guy, then go right ahead.
Quote: For most people, shit happens, and tomorrow they go back to work driving
the same car they drove yesterday, or taking the same bus/train/subway
they'll take tomorrow. Life goes on and nothing is all that different.
Gee, tell that to the poor sap of the roaring twenties.
Life was tough, people survived, the world went on, and look where we're at
today.
--
"Violence is the last refuge of the incompetent."
Isaac Asimov (1920 - 1992), Salvor Hardin in "Foundation"
Paul A. Thomas, CPA
Athens, Georgia |
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| Dan Bloomquist |
| Posted: Fri Feb 15, 2008 6:33 pm |
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Guest
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Paul Thomas, CPA wrote:
Quote: "Dan Bloomquist" <public21@lakeweb.com> wrote
Historically? Like, Herbert Hoover?
Good Lord. You really can't piece together the economic ups and downs and
lay them over the election cycle.
You didn't answer the question. Just more obfuscation.
Quote: Eight years from now total liquids will likely be down to 75mb/d. We
consume 25% of world production. What do you have in mind? Where will the
consumer get the new capital?
Do you not realize there's a whole world out there beyond the end of your
nose.
Yea, but apparently you have your head up your ass.
http://lakeweb.blogspot.com/
http://www.theoildrum.com/
Quote: Why you think this one guy "Bernanke" controls the world, the global
economy, your life.......is beyond me. Does your job, and your entire
livelihood depend on what he has for lunch?
I never said he did,
"you think Bernanke will save us"
And you obfuscated about world economies.
Quote: Do you really think this one guy can screw it all up?
Why don't you answer the question in the stead of asking stupid questions?
Quote: are you dictating what my thoughts are?
Your questions emit your thoughts.
No, the question is valid. How you you think he got the moniker,
Helicopter Bernanke?
Quote: How about you answer the question?
Oh, you're serious.
You are the one parading around like the expert. Back your bullshit.
Quote: So, you think Bernanke will save us
I know one man can't do shit. He can't "save us" and he can't harm us
either.
So, we are screwed?
http://www.federalreserve.gov/boardDocs/speeches/2002/20021121/default.htm
Quote: If you, or hundreds of thousands of others want to put all your faith in the
actions of one guy, then go right ahead.
Gee, there you go again, presuming what I think. So, ansewer the
question. Do we get deflation or hyper inflation?
Quote: For most people, shit happens, and tomorrow they go back to work driving
the same car they drove yesterday, or taking the same bus/train/subway
they'll take tomorrow. Life goes on and nothing is all that different.
Gee, tell that to the poor sap of the roaring twenties.
Life was tough, people survived, the world went on, and look where we're at
today.
Yea. Debt to equity off the charts compared to the 20s and now peak oil.
You still don't get this..... |
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| Guest |
| Posted: Mon Feb 18, 2008 8:15 pm |
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When will the fat lady sing?
http://www.moneyandmarkets.com/Issues.aspx?NewsletterEntryId=1453
U.S. Credit Markets Collapsing!
by Martin D. Weiss, Ph.D. 02-18-08
Martin D. Weiss, Ph.D.
The U.S. credit markets, the giant growth engine that powers the
American economy, are collapsing ... with few credit sectors spared
from damage, few investors escaping losses, and little hope of federal
action that's quick or strong enough to make a major difference.
Here's what's happening ...
First and Foremost, the Fall of
The Nation's Three Largest
Bond Insurers Is Accelerating
This is the "Great Ratings Debacle" I highlighted last year.
And now, the critical watershed event that I said would trigger the
next phase -- the collapse of the bond insurers' triple-A ratings -- is
here in aces and spades.
Without the triple-A rating, their whole reason to exist falls by the
wayside: They cannot enhance the credit of bond issuers. They cannot
do more business. They may as well close their doors and go home.
The facts:
* Financial Guarantee Insurance Co. (FGIC), the nation's third
largest, just lost its triple-A rating last week. Moody's literally
gutted its rating by a full six notches in one fell swoop.
* At the same time, Moody's warned that unless FGIC can raise the
needed capital, it's ready to cut FGIC's rating to a hair above junk.
* To underscore that it means business, Moody's has already
downgraded FGIC's senior debt to junk, threatening to drop it to
deeper junk.
* Ambac's triple-A rating was zapped by all three major rating
agencies in late January.
* Next, MBIA is on the chopping block, slated to lose its triple-A
rating within a matter of days.
All three of the largest bond insurers are engulfed in the mess. And
all three are trapped between two major business lines -- their
traditional business of insuring municipal bonds against default,
which is supposedly still stable ... and their newer business of
insuring mortgage- and debt-backed securities, which is in total
disarray.
Meanwhile, the nation's banks and other big investors -- the last hope
for bond insurers -- have so far failed to come forward with the needed
capital.
<snip> |
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| Guest |
| Posted: Tue Feb 26, 2008 9:27 am |
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| P. Maffia |
| Posted: Tue Feb 26, 2008 4:15 pm |
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Despite the bad news, it can hardly be described only a moron like you would
describe it as a "meltdown."
<knews4u2chew@yahoo.com> wrote in message
news:7796003f-d7ff-4155-bf0c-a5cefc276b52@d21g2000prf.googlegroups.com...
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| Paul Thomas, CPA |
| Posted: Tue Feb 26, 2008 4:47 pm |
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<knews4u2chew@yahoo.com> wrote
Quote: The meltdown continues....
So you say........
http://www.bloomberg.com/apps/news?pid=20601103&sid=aejJZdqodTCM
Feb. 22 (Bloomberg) -- Joe Lents hasn't made a payment on his $1.5 million
mortgage since 2002.
That's when Washington Mutual Inc. first tried to foreclose on his home in
Boca Raton, Florida. The Seattle-based lender failed to prove that it owned
Lents's mortgage note and dropped attempts to take his house. Subsequent
efforts to foreclose have stalled because no one has produced the paperwork.
Judges are becoming increasingly impatient with plaintiffs who produce no
more proof of ownership than a lost-note affidavit or a copy of the note,
said Michael Doan, an attorney at Doan Law Firm LLP in Carlsbad, California.
U.S. District Judge David D. Dowd Jr. in Ohio's northern district chastised
Deutsche Bank National Trust Co. and Argent Mortgage Securities Inc. in
October for what he called their ``cavalier approach'' and ``take my word
for it'' attitude toward proving ownership of the mortgage note in a
foreclosure case.
Federal District Judge Christopher Boyko dismissed 14 foreclosure cases in
Cleveland in November due to the inability of the trustee and the servicer
to prove ownership of the mortgages.
Similar cases were dismissed during the past year by judges in California,
Massachusetts, Kansas and New York.
For about half of U.S. mortgages, there is no tracking mechanism.
For some people, it seems ther is a silver lining.
--
"For those who believe, no explanation is necessary. For
those who do not, none will suffice." - Joseph Dunniger
Paul A. Thomas, CPA
Athens, Georgia |
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| Guest |
| Posted: Tue Mar 11, 2008 4:49 am |
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| Kirby M. Wilson |
| Posted: Wed Mar 12, 2008 1:55 am |
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On Mar 11, 9:49 am, knews4u2c...@yahoo.com wrote:
still scared shitless "knews" ? - your bomb shelter will protect U
from the collapse and meltdown,
(unless those space alien jews contaminate the water supply like that
gov't fluoride) |
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| Guest |
| Posted: Thu Mar 13, 2008 8:31 am |
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| Guest |
| Posted: Thu Mar 13, 2008 9:40 am |
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On Feb 26, 1:15 pm, "P. Maffia" <pmaf...@centurytel.net> wrote:
Quote: Despite the bad news, it can hardly be described only a moron like you would
describe it as a "meltdown."
Your English sucks.
But look who's calling it a meltdown?
http://counterpunch.org/whitney03132008.html |
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| P. Maffia |
| Posted: Thu Mar 13, 2008 8:32 pm |
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Guest
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Yawn!!!
<knews4u2chew@yahoo.com> wrote in message
news:b889469d-5877-417e-96c4-b58b8eba2b2d@e23g2000prf.googlegroups.com...
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