CK/ Similar to certain other matters that more typically concern you
Here's the quote of the Day concerning RCARnomics:
"It’s hard to decide what’s more frightening: that investors are losing confidence in paper money or that the shepherds of the world’s major currencies don’t get what’s going on. Gold’s climb of almost 30 percent in a year reflects fear, not just market concern over inflation or deflation risks. People have lost trust in the global financial system."---"thinking that all they had was a little inflation problem on their hands, the world’s brightest economists and sharpest policymakers seem largely unaware of the possibility that the system of paper money and out-of-control spending by governments may be failing right before their eyes---"It’s not what the Greenspans of the world envisioned 15 years ago. Back then, warehousing gold bars seemed a bit retrograde. Central banks had gotten so good at whipping inflation that paper money was just fine. Fort Knox was no longer needed.
The post-Lehman world is dispelling such notions and we may be on the cusp of history’s greatest gold rush. Bernanke and his peers would be wise to contemplate why."
http://seekingalpha.com/article/209934-bernanke-gold-and-the-keynesian-endpoint?source=hp_wc
CKM,Do you remember for how long we've been discussing these issues,it should be a bit alarming that now,almost every day,there are articles discussing the endgame of the Fiat Money era. Go to Real Clear Money,today,and check out an article by Paul Farrell,very disturbing.
Abe Greenwald quotes Saad Ibriham,"---showing a picture of George W. Bush and the words “Miss me yet?” the irony was not lost on many in the Arab world. Most Americans may not miss Bush, but a growing number of people in the Middle East do. Bush’s wars in Iraq and Afghanistan remain unpopular in the region, but his ardent support for democracy was heartening to Arabs living under stalled autocracies. Reform activists in Lebanon, Egypt, Kuwait and elsewhere felt empowered to press for greater freedoms during the Bush years."
WTF,this is worth quoting?,"a growing number---" growing from 2-4,100% increase,
CONTENTIONS should outsource to ZC,and let our Czar handle things there, JRUB is writing 75% of Contentions by cutting/pasting.
Obama, the Oil Spill, and 9/11
John Podhoretz - 06.15.2010 - 8:27 AM
What was the president thinking when he likened the oil spill to the attacks of September 11? My analysis here.
http://www.nypost.com/p/news/opinion/opedcolumnists/obama_envy_wnEUzeEjokge0aLypdq1iL
This is JPOD/NEO-CON thinking at its worst. First he explains in great detail that 9/11&the OIL Eruption have nothing in common except that they are both important events. Thanks John,I really needed your help on that one.
However,to give John his due,there was one intruguing comment.
"One(9/11) was a brilliantly conceived and diabolical act of war..."
Was it?
Legal Definition of War:
"National war is a contest between two or more independent nations) carried on by authority of their respective governments"
"The Deepwater Horizon oil rig that exploded in the Gulf of Mexico was built in South Korea. It was operated by a Swiss company under contract to a British oil firm. Primary responsibility for safety and other inspections rested not with the U.S. government but with the Republic of the Marshall Islands — a tiny, impoverished nation in the Pacific Ocean.
And the Marshall Islands, a maze of tiny atolls, many smaller than the ill-fated oil rig, outsourced many of its responsibilities to private companies."
http://www.latimes.com/news/nationworld/nation/la-na-oil-inspection-20100615,0,3043517,full.story
Sully wrote:
@ Rex Caruthers:
As always J.E. Dyer is illuminating, interesting and almost surely right.
When we're talking about Obama,the Punditocracy here at ZC is very clueless. Forget official policy,look at what is actually happening,that's the key. Obama wants Iran to have a Nuclear weapon to act as a balance to Israel's Nuke weapons. This is about the Application of a Balance of Power Policy.
Our geat and Good Fried JE Dyer has written a piece for Contentions today,which makes good sense unless you want to challange the assumption behind her opinion,which is that we should be figuring out ways to help stabilize the "Flotilla" situation in favor of Israel. However,Obama's policy towards Israel is very obviously to destabilise this Israeli Government,and replace it with a much more Liberal Government,which the Administration can identify with.
"Turkey’s involvement in the recent flotilla should already have resulted in a moment of reckoning with its NATO allies, if only behind closed doors. The West’s lackadaisical approach to its core alliance is on borrowed time. If the impending parade of flotillas produces only disorganized posturing from NATO, while allowing Israel’s enemies to create havoc at sea and score propaganda points against Israel, the next challenge is likely to emerge almost automatically in the Persian Gulf."
This makes sense if George Bush were President,but Obama wants to dump Netenyahoo,and forcing Israel to clean up its own mess is in Obama's interests.
http://www.commentarymagazine.com/blogs/index.php/j-e-dyer/314011
narciso wrote:
The Trillion is the new billion, (Dr. Evil raised pinky) which means Quadrillion will be the next unit of measures, the value of derivatives
are already near that level. I say bring in the gunships and the powered
suits
We will process the unobtanium into obtanium plus. This will revitalize the empire F--k off Gibbon,Spengler,and Toynbee.
And thank God someone,besides myself,is talking about Derivatives.
That's good news,NARC,I can understand waging War to obtain something tangible,Territory,oil,minerals. I hate war for ideology,nation building,and moral issues. That makes me sick. When do we start mining?
News Flash,now we know why we're in Afghanistan,finally a WOT that makes sense,let's get rich,we need the money. Thank you Afghanistan.
BTW,I'm sure we just found this out;we had no idea,did we?
CK/ That point of view goes against core American values going back to the Founding and before.
There are competing core American values going back to that Founding,you are indicating that process is monolithic.
CK/ Similar to certain other matters that more typically concern you
Here's the quote of the Day concerning RCARnomics:
"It’s hard to decide what’s more frightening: that investors are losing confidence in paper money or that the shepherds of the world’s major currencies don’t get what’s going on. Gold’s climb of almost 30 percent in a year reflects fear, not just market concern over inflation or deflation risks. People have lost trust in the global financial system."---"thinking that all they had was a little inflation problem on their hands, the world’s brightest economists and sharpest policymakers seem largely unaware of the possibility that the system of paper money and out-of-control spending by governments may be failing right before their eyes---"It’s not what the Greenspans of the world envisioned 15 years ago. Back then, warehousing gold bars seemed a bit retrograde. Central banks had gotten so good at whipping inflation that paper money was just fine. Fort Knox was no longer needed.
The post-Lehman world is dispelling such notions and we may be on the cusp of history’s greatest gold rush. Bernanke and his peers would be wise to contemplate why."
http://seekingalpha.com/article/209934-bernanke-gold-and-the-keynesian-endpoint?source=hp_wc
CKM,Do you remember for how long we've been discussing these issues,it should be a bit alarming that now,almost every day,there are articles discussing the endgame of the Fiat Money era. Go to Real Clear Money,today,and check out an article by Paul Farrell,very disturbing.
Contentions knuckleheadedness cont.:
Abe Greenwald quotes Saad Ibriham,"---showing a picture of George W. Bush and the words “Miss me yet?” the irony was not lost on many in the Arab world. Most Americans may not miss Bush, but a growing number of people in the Middle East do. Bush’s wars in Iraq and Afghanistan remain unpopular in the region, but his ardent support for democracy was heartening to Arabs living under stalled autocracies. Reform activists in Lebanon, Egypt, Kuwait and elsewhere felt empowered to press for greater freedoms during the Bush years."
WTF,this is worth quoting?,"a growing number---" growing from 2-4,100% increase,
CONTENTIONS should outsource to ZC,and let our Czar handle things there, JRUB is writing 75% of Contentions by cutting/pasting.
Certainly a particular faction in the Arabian Government, possibly General Intelligence,( istikbarat) were likely providing support to
We're in Michael Moore territory now.
Obama, the Oil Spill, and 9/11
John Podhoretz - 06.15.2010 - 8:27 AM
What was the president thinking when he likened the oil spill to the attacks of September 11? My analysis here.
http://www.nypost.com/p/news/opinion/opedcolumnists/obama_envy_wnEUzeEjokge0aLypdq1iL
This is JPOD/NEO-CON thinking at its worst. First he explains in great detail that 9/11&the OIL Eruption have nothing in common except that they are both important events. Thanks John,I really needed your help on that one.
However,to give John his due,there was one intruguing comment.
"One(9/11) was a brilliantly conceived and diabolical act of war..."
Was it?
Legal Definition of War:
"National war is a contest between two or more independent nations) carried on by authority of their respective governments"
This is interesting/regarding the Oil Problem.
"The Deepwater Horizon oil rig that exploded in the Gulf of Mexico was built in South Korea. It was operated by a Swiss company under contract to a British oil firm. Primary responsibility for safety and other inspections rested not with the U.S. government but with the Republic of the Marshall Islands — a tiny, impoverished nation in the Pacific Ocean.
And the Marshall Islands, a maze of tiny atolls, many smaller than the ill-fated oil rig, outsourced many of its responsibilities to private companies."
http://www.latimes.com/news/nationworld/nation/la-na-oil-inspection-20100615,0,3043517,full.story
about neutering any aggressive Western looking power
We're in agreement then,to Obama,either Israel gives up their Nukes,or Iran is allowed to have them. Balancing and Neutering,Bingo.
Sully wrote:
@ Rex Caruthers:
As always J.E. Dyer is illuminating, interesting and almost surely right.
When we're talking about Obama,the Punditocracy here at ZC is very clueless. Forget official policy,look at what is actually happening,that's the key. Obama wants Iran to have a Nuclear weapon to act as a balance to Israel's Nuke weapons. This is about the Application of a Balance of Power Policy.
Our geat and Good Fried JE Dyer has written a piece for Contentions today,which makes good sense unless you want to challange the assumption behind her opinion,which is that we should be figuring out ways to help stabilize the "Flotilla" situation in favor of Israel. However,Obama's policy towards Israel is very obviously to destabilise this Israeli Government,and replace it with a much more Liberal Government,which the Administration can identify with.
"Turkey’s involvement in the recent flotilla should already have resulted in a moment of reckoning with its NATO allies, if only behind closed doors. The West’s lackadaisical approach to its core alliance is on borrowed time. If the impending parade of flotillas produces only disorganized posturing from NATO, while allowing Israel’s enemies to create havoc at sea and score propaganda points against Israel, the next challenge is likely to emerge almost automatically in the Persian Gulf."
This makes sense if George Bush were President,but Obama wants to dump Netenyahoo,and forcing Israel to clean up its own mess is in Obama's interests.
http://www.commentarymagazine.com/blogs/index.php/j-e-dyer/314011
narciso wrote:
The Trillion is the new billion, (Dr. Evil raised pinky) which means Quadrillion will be the next unit of measures, the value of derivatives
are already near that level. I say bring in the gunships and the powered
suits
We will process the unobtanium into obtanium plus. This will revitalize the empire F--k off Gibbon,Spengler,and Toynbee.
And thank God someone,besides myself,is talking about Derivatives.
Let the Chinese and the Indians fight over it.
Except we need the money,they have our money plus their own,we have Bills to pay and Nations/Terrorists to vanquish before we sleep.
Sully wrote: Forget it. It's just wealth.
Sully,are you a Nancy Boy,or a full blooded Conservative that Craves Financial Gain for his poor beleagured country?
That's good news,NARC,I can understand waging War to obtain something tangible,Territory,oil,minerals. I hate war for ideology,nation building,and moral issues. That makes me sick. When do we start mining?
News Flash,now we know why we're in Afghanistan,finally a WOT that makes sense,let's get rich,we need the money. Thank you Afghanistan.
BTW,I'm sure we just found this out;we had no idea,did we?