Hoocoodanode?

swwaaaaps

brain food is even shrinking.

Greece's 'bank of cronies'

JANUARY 13, 2012

"With money tight all over Europe, one high-flying Greek businessman allegedly found a novel way of getting easy credit: two years ago he bought a controlling share in a bank, installed his own managers and then loaned himself and his associates nearly 600 million euros ($760 million)."

Rob Dawg wrote:

Last sale 2005, $405k. Asking $160k. Look at the cars in the driveway.

Why are you pissed? This one is sailing right over my head.

Nothing Important Happened Today.

I'm not sure what it means, but I'll put it out there anyway: Using SPYs as a proxy to get around problems caused by the C reverse split (among others). market volume this week is the lowest non-holiday volume since July '07. Something similar but not as extreme happened this week last year, but not in prior years.

Duly noted: "Liberalism likes to blow kisses in the direction of diversity, but seems to fundamentally despise actual difference, and when they blow their stacks because some obviously racist conservative type denounces them as the real racists, I sorta hafta laugh, because it thrusts awfully near an uncomfortable truth, which is not, lord knows, that Asians are the smartest and blacks have an extra calf muscle due to natural selection on the slave ships or whatever, but rather that culture actually exists and has meaning; that it cannot simply be dissolved by New Deal social democracy or a more unified European fiscal policy or even hundreds of years of subjugation by some larger national entity. Riddle me this, maze uh-meez: why shouldn't the Basques be free?"

I could have sworn I've read several articles referred to here about the Greek situation being fixed..

You did. And each time the market went up significantly.

Rickkk wrote:

"With money tight all over Europe, one high-flying Greek businessman allegedly found a novel way of getting easy credit: two years ago he bought a controlling share in a bank, installed his own managers and then loaned himself and his associates nearly 600 million euros ($760 million)."

There is nothing novel about this--insider loans are the classic, time-honored means of robbing a bank by owning it.

And you heard about a likely settlement of the mortgage fraud cases real soon...

... makes it more likely Athens will become the first government of a developed country in more than 60 years to suffer a full-scale default on its debt.

So, what happens with the CDSs?
Or is there more money to be made from CDS than from the bonds paying out?
Does GS have a zillion CDSs?

"collapse" = bigger bailout for banks

those bankster bonuses ain't gonna fund themselves ...

Lead negotiators for Greek bondholders said the latest offer made by Athens “has not produced a constructive consolidated response from all parties”

The big lie is that there ever was a deal. All along the private holders of Greek debt have made it clear that they would not accept the offered terms.

"Greece plans to submit legislation on so-called collective-action clauses that could force holders of the nation’s debt to take part in a bond swap."

Operation twist!

josap wrote:

Or is there more money to be made from CDS than from the bonds paying out?

There is no money to pay CDS.

CDS are written to make your assets and capital levels appear safe, not to be paid.

Former Idealist wrote:

"Greece plans to submit legislation on so-called collective-action clauses that could force holders of the nation’s debt to take part in a bond swap."
Operation twist!

Changing the rules in the middle of the game FTW.

Corporate media digging their own graves.

watching The Today Show this morning ... first half hour supposedly for the "hard hitting" news before giving way to other "stuff"... 10 minutes in?

whiff on retail? ........you're getting cold

initial claims rising? .........colder

.
.
.................. heather locklear HOSPITALIZED ....................

1 currency now -yogi wrote:

There is no money to pay CDS.

Could they not book the CDS debts owed as assets?

josap wrote:

Changing the rules in the middle of the game FTW.

Those GS altruists will never lend to those deadbeat Greeks again, so help them God.

Rob Dawg wrote:

The big lie is that there ever was a deal. All along the private holders of Greek debt have made it clear that they would not accept the offered terms.

I tend to agree in my more optimistic moments, but I wonder if "accept" actually has any meaning whatsoever? You take the deal if you don't think you can get more by forcing an open default, so what is their basis for thinking they can get more? I think the politicians have made it clear that they will rule anything that happens to be "voluntary".

Yalt wrote:

Fix. n. 4. An instance of arranging a special consideration, such as an exemption from a requirement, or an improper or illegal outcome, especially by means of bribery.
5. A difficult or embarrassing situation; a predicament.
6. Slang. An amount or dose of something craved, especially an intravenous injection of a narcotic.

Which definition is slang for being castrated? I guess that's for the "verb" form of fix...

black dog wrote:

.................. heather locklear HOSPITALIZED ....................

oh dear me,oh dear,
who's that?

. . . raises head . . . what's that about Heather, you say?

re: "some bondholders"

“Under the circumstances, discussions with Greece and the official sector are paused for reflection on the benefits of a voluntary approach,” said a statement put out by Charles Dallara, managing director of the International Institute for Finance, and Jean Lemierre, of BNP Paribas, who have been negotiating on behalf of banks and other financial institutions holding Greek debt....

hmmm, who recently said "debt owed ultimately to Germany and the other core countries"? oh yeah. Pettis.

In an interview with the Financial Times, Evangelos Venizelos, the Greek finance minister. said talks with Mr Dallara and Mr Lemierre would resume next week.

“We’re meeting in Athens next Wednesday to evaluate the package again,” Mr Venizelos said. “From the Greek point of view we had significant and substantive meetings this week.”

TGIF

josap wrote:

Could they not book the CDS debts owed as assets?

They can book them as AAA, guaranteed, collateralized, hedged, and carrying the full faith of an implied bailout from Timmy. They still can't be paid unless someone gets scalped.

“From the Greek point of view we had significant and substantive meetings this week.”

Agreement on the shape of the conference table?

Rickkk wrote:

"With money tight all over Europe, one high-flying Greek businessman allegedly found a novel way of getting easy credit: two years ago he bought a controlling share in a bank, installed his own managers and then loaned himself and his associates nearly 600 million euros ($760 million)."

Bert Lance?

energyecon wrote:

Or whomever makes the call..

New York Fed Said to Weigh Sale of Some AIG Mortgage Debt - Bloomberg

Billionaire Paulson Persisting With Property as Prices Rebound: Mortgages - Bloomberg

1 currency now -yogi wrote:

They still can't be paid unless someone gets scalped.

True, yet in the land of foggy bookkeeping does it matter?
The CDS just hang in the far back out of site except for asset booking and bonuses on the increased assets. There has to be a way they can game this, otherwise it won't happen.

Yancey Ward wrote:

In the end, there may be no core nations.

Wasn't that the plan from the beginning? Break up the sovereign nations by forcing diverse economies into a single economic trading bloc through local currency manipulation?

Rob Dawg wrote:

All along the private holders of Greek debt have made it clear that they would not accept the offered terms.

Call Bain. They'll sort those folks out...

ResistanceIsFeudal wrote:

That's what subjects are for.

India is about to give all 1.2 billion Indians biometric ID, using ten parameters.

India Launches Universal ID System with Biometrics | Singularity Hub

ResistanceIsFeudal wrote:

Wasn't that the plan from the beginning?

You think there's a plan?

energyecon wrote:

ISDA rules it is a credit event,

De facto or de jure? ISDA has no power to issue "rulings". A ruling implies some mechanism of enforcement.
Maybe most CDS by their terms are subject to ISDA pronouncements.

Cinco-X wrote:

Back in the day, when the Mafia did that to a businesses, they invoked RICO...

The Mafia didn't have a seat at the UN, membership in NATO, and an army with tanks, ships and F-16s.

When tanks rumble through Greece will anyone even care?

Former Idealist wrote:

When tanks rumble through Greece will anyone even care?

There will be no tanks. But that was hyperbole, eh?

Former Idealist wrote:

When tanks rumble through Greece will anyone even care?

The Greeks will care a great deal.

nova wrote:

We very much hope, however, that Greece, with the support of the Euro Area, will be in a position to re-engage constructively with the private sector with a view to finalizing a mutually acceptable agreement on a voluntary debt exchange consistent with the October 26/27 Agreement, in the best interest of both Greece and the Euro Area.

Hedge Funds Try to Profit From Greece as Banks Face Losses - Bloomberg

Yup, the interest is clearly that of public interests vs that of private ones.

pavel.chichikov wrote:

ResistanceIsFeudal wrote:
Wasn't that the plan from the beginning?
You think there's a plan?

The planning of the EU goes back over 100 years.

If you are held in DC Jail, even if you have not been found guilty in a trial yet, all your phone conversations will be recorded. Your visitors name, address, and drivers license number recorded, and the time they spent with you noted.

I just learned that today. I think its a policy change.

edit: just another hole in the fence

There will be no tanks. But that was hyperbole, eh?

yes.

Someone told Obama of the unavoidable recession.

He spewing all kinds of desperate proposals to appear relevent.

laterol

Only as to collateral within reach.

And who makes that determination, eh?
yes, fuck the fed-treasury, indeed.

Won't be a called a credit event.

Let's all just pretend it didn't happen and call it a week. Cigars and brandy for all!

Calvinball is so much fun for the players.

In prisons where convicted people are -- yes. This is for people who are being held awaiting trial

edit: and includes attorney/client conversations

Obama proposes single trade agency - MarketWatch

nova wrote:

If you are held in DC Jail, even if you have not been found guilty in a trial yet, all your phone conversations will be recorded. Your visitors name, address, and drivers license number recorded, and the time they spent with you noted.
I just learned that today. I think its a policy change.

Nothing new anywhere. I was juror on a murder trial back in 2000, and the defendant hung himself with letters he wrote from jail to his girlfriend.

josap wrote:

Are the mortgages booked as performing? Including the ones in default?

Some are, some aren't, but the REO/foreclosure backlog is indicative of banks trying not to book them as nonperforming...

black dog wrote:

but sure her plastic surgery went well

The last one didn't...some of these folks end up looking like cartoons...

nova wrote:

recorded into a database? A fed database?

Everyone shares the info.

A Greek default will pull the loose thread dangling from the $60 trillion CDS market. Forget about banks.

Blackhalo wrote:

pavel.chichikov wrote:
there are no Illuminati.
Sounds like something a member would say...

Even the actual (i.e. the non-Bilderberg-style "wouldn't it be nice if we had..." planning phases) history of the EU spans more than half a century.

Okay. I forget sometimes how fast the world is moving on

heh.
Today's "take-away": There are groups of people who make decisions about your livelihood in which you do NOT participate

Whether these people are named "illuminati" or Bildebergers or Bonesmen or US Congress or wtf is beside the point of power.

Cinco-X wrote:

At first I read that as : "acting" like asses"

You were meant to.

Doesn't this exist in all lockups. Notice a company trying to get the county to buy leg bands for children in the Juvie Court to be monitored 24/7 so that is legal now.

Mary wrote:

Whether these people are named "illuminati" or Bildebergers or Bonesmen or US Congress or wtf is beside the point of power.

Most of us are drones that work to feed the queen bees. Born with nothing, die with nothing, while the queen bee progeny pass their wealth to the next generation.

Mary wrote:

Whether these people are named "illuminati" or Bildebergers or Bonesmen or US Congress or wtf is beside the point of power.

Nah, Mary, there are only two possibilities:

1) Superhuman forces with perfect knowledge plan and predetermine all history. They have monopolized knowledge since the beginning of time, created all the arts and sciences, languages, and the monetary system.
2) Absolutely no one plans beyond the span of their own working life, especially those with billions to pass along to their offspring. Beyond that, sh!t just happens randomly for no reason.

So attorney/client privilege is just a Hollywood fabrication? Good to know...

On the same heap as privacy, due process and equal protection.

From Le Monde. Translation by Google

The loss of triple-A of the CDC would be inappropriate to say the least, while the institution must control the dismantling of Dexia - the former a number of local government financing, saved from bankruptcy by Belgium and France in early October - and at the same time, help the mutual insurer Groupama, helping to settle its real estate investments! Les entreprises cotées en Bourse, dont l'Etat est directement l'actionnaire, seraient aussi malmenées par cette perte du triple A : EDF, Aéroports de Paris, GDF Suez, Safran, Thalès, Air France KLM, EADS, France Télécom, Renault, CNP. The listed companies, which the State is directly a shareholder, would also be abused by the loss of the triple A: EDF, Aéroports de Paris, GDF Suez, Safran, Thales, Air France KLM, EADS, France Telecom, Renault, CNP. Leurs notes pourraient être abaissées et le prix de leurs CDS, s' envoler . Their notes could be lowered and the price of their CDS 's fly .

How A Few French Banks Could Implode The Euro - Seeking Alpha

I won't get into the boring details, but thanks to a new loophole, French banks are now being allowed to print money into existence. It's a new regulation for 2012 that comes direct from the ECB. Remember - the ECB is supposed to be the steward of the Euro. It was the ECB that demanded Greece get its house in order. It's the ECB that cracks the whip over every Euro-zone member to try to keep them all in line.
But this new regulation allows any of the Euro-zone member banks to do something very interesting. No, they can't actually print Euros. That would be too transparent and easy for the markets to pick up on. However, these banks can issue Euro-bonds as collateral with the ECB. And these bonds apparently don't need to exist. In other words, no one is buying or selling these bonds - but French banks are issuing them into existence from nothing in order to use them as collateral with the ECB to keep themselves well-capitalized.
So, in less than a week, France issued 8,000 funny-bonds. You'll notice Italy also added about 1,000 of these bonds to their ledger as well.
For a specific example, I'll quote the Financial Times story where I learned about these fake bonds.
"UniCredit - currently catching headlines for its ?7.5bn equity raising this week - also quietly issued ?7.5bn in three debt securities.
All of it... not listed. And issued... on January 2, 2012."
In case you're not an expert on lousy European banks, UniCredit (UNCIF.PK) is one of Europe's largest and most insolvent banks. The story doesn't come out and say it, but it looks like UniCredit wrote itself a fake check for 7.5 billion euros (worth about $9.5 billion) in order to recapitalize itself.

Bah. It's just a flesh wound. Rally on!

aleister perdurabo wrote:

issuing them into existence from nothing

See? Who says quantum physics is only a theory?

Yancey is correct. The storage medium ("database") of recording is irrelevant. Warrant for wiretap in custody is pro-forma.

In this instance, what has changed in the world of law and order is your perception of it.

Nanoo-Nanoo wrote:

yup, even Abramoff would blush at the hyper-speed escalator.

You can't really be mad at anybody. The system is working as our brains require it to work. The various true-believers will look at a situation like this and conclude that either:

1) We make the government bigger to make the regulations better.
2) We eliminate regulation completely.

Apparently, what is common for ALL true-believers is they can't see cause-n-effect over time (forward or backward). Each day is a new day for them.

This allows the sociopaths to run circles around them. All you can do is watch in amazement (and, in my case, think back to when I was a true-believer).

Rob Dawg wrote:

You've been reading my newzletter!

ghost-writing, reading, it's really all the same... just ask Huxley or his modern equivalent, Gibson

Austerity for some, magical money-creating powers for others.

How many more times today can I say... Calvinball!

Cinco-X wrote:

Good to know...

I would think officials get such a kickback in the phone service is why it's such a crime for anyone to be caught locked up with a cell phone. I'm in a building with lawyers that take collect calls from those locked up and the phone company used at the local county jail trys to sell to these attorneys lower rates. Watch your own State legislature this year as to laws being made for compounding bribe monies on contracts.

Cinco-X wrote:

Can my spouse be coerced to testify against me?

What did you do?

Mary wrote:

Thermodynamics. I'll be.
What a coincidence.

C'mon, Mary, or .

Bubblisimo Gerkinov wrote:

Cinco-X wrote:

Can my spouse be coerced to testify against me?

What did you do?

We're totally thinking about this the WRONG way...

Cinco-X we KNOW you are guilty, we do not require any proof for that assertion, now can your wife provide some manner of evidence that you are possibly innocent ?
~splat

auditorydamage wrote:

Power and control issues can lead a person to believe some wacky things and commit some dangerous, poorly-advised acts.

And to join some mighty funny clubs.

Privilege supports 5th Am. IF you (and yer conselor) not in custody.

See Miranda. See post-911 case law on Miranda.

See non-existent financial planning to post bond.

I would think officials get such a kickback in the phone service is why it's such a crime for anyone to be caught locked up with a cell phone.

Security issues aside, this is pretty much it. There was an excellent article in 2600 a few years ago by a telco insider discussing prison phone systems. The rates charged to inmates and outside callers are, for lack of a better word, criminal.

Prescient, pre- evil arthropod, circa 1912.

The Coming Money Trust (1912) | The Big Picture

Nanoo-Nanoo wrote:

I have no illusions.

I know.

Your first statement is flawed.

I was saying that's what a Blue Team true-believer will believe (#1) and what a Red Team true-believer will believe (#2). I don't believe it.

The result over time is this:

http://3.bp.blogspot.com/-7R6Ob_p9rrs/TqrqVj40NuI/AAAAAAAAAdo/0TqRaS7LGJU/s1600/OWS-Tea%2BParty%2BVenn%2BDiagram.jpg 

over a long time we end up at the top of Jesse's magic political wheel:

http://3.bp.blogspot.com/_H2DePAZe2gA/R_BpT2D1GgI/AAAAAAAABSo/45CDaTXzzTM/s1600-h/continuumsocial.PNG

But a true-believer (apparently) can't see what their past actions have on the current reality.

The only "solution" is to decentralize the sociopaths, but that's impossible as human organization can't shrink, only collapse. So we're kinda stuck.

ooooooooo, Slovakia. I'm shaking in my boots.

It's Friday. Does Greece count as a bank?

Nanoo-Nanoo wrote:

I have no illusions

Agreed, my opinion as well. Its not hard to figure out.

Time to prep for a recording session. Back later, enjoy the chaos ers

Nanoo-Nanoo wrote:

I have no illusions

Our new Speaker of the House just hired an assistant for 120K yearly, first time ever this has happened. Three months a year in the State House for a regular elected House member pays less than 30K plus all expenses when can run 30k+ for the year. Not this year but next everyone will be screaming assistants make more than elected officials so we are due a big raise.

splat wrote:

are there any planned celebrations for "100 years of the " ?
~splat

You mean besides the depopulation? Or hadn't you heard?

It's Friday. Does Greece count as a bank?

Sovereign Failure Friday.

We need a new poll.

And natty finishes off a few more percent. There has to be blood in the pits.

You mean besides the depopulation? Or hadn't you heard?

Once I start watching the Netflix x-files series, I'm going to know as much as you.

Austria ... please, no one has cared about Austria since .....

Also see: THE AUTHOR OF SOPA IS A COPYRIGHT VIOLATOR : Federal Jack

In case you didn't see: YouTube - Hitler reacts to SOPA.

Rob Dawg wrote:

There has to be blood in the pits.

That's assuming anyone beside MF global had any gamblin' money left.

aleister perdurabo wrote:

has agreed to pay a $50,000 fine

Wonder what small percentage the $50K was of the salary paid, or severance package?

Bruce in Tennessee wrote:

Pavel,

the Spiegel online article is certainly scary...it looks like this is not the year for European equities...

Hang tight.

Blackhalo wrote:

same band-aid is on Italy and Spain

And Hungary, Belguim & Austria.
Lets not forget Portugal.

Doc Holiday wrote:

In case you didn't see: YouTube - Hitler reacts to SOPA.

I'm sure you're over reacting to this. I mean, nothing happened when the Patriot Act passed. And the American Detention Act was passed overwhelming like by civil liberties loving Blue Team too.

Don't worry. Just make government a bit bigger and you'll be protected just finnnnnne.

aleister perdurabo wrote:

former Securities and Exchange Commission

This is all about sexual favors and the lack of ethical integrity within our infrastructure, but when you get the mafia so deeply integrated into the roots of Democracy -- and when all government agencies are on the take and involved in corruption and conspiracies, these sorts of sexual F-ups are bound to happen on a regular on-going basis ... just ask Timmy, Ben, Obama and every GOP "hopeful".

Obama wants to shrink government, boost exports - Yahoo! News

Fookin' free market cretin!

The End Is Near - Economic Political Cartoon

i love Greece but it is not a developed country

Outsider wrote:

The End Is Near - Economic Political Cartoon

Which one is mp?

wafdof wrote:

I vote...

How 'bout that TIDE!?

Eric wrote:

That's assuming anyone beside MF global had any gamblin' money left.

Nuthin' a bit more leverage won't cure...

Got my year end summary for Pimco total return.
Was suprised to see longer duration Greek and Italian debt in the portfolio.
Also, many other holdings of questionable Euro. Sovs.
I'm thinking these where bought some time ago as Bill's been stressing BRIC, Brazil and others.
Whats it mean when (XXX) surrond a dollar figure?

Cinco-X wrote:

How 'bout that TIDE!?

Is that the one with Tebow?

re: The Politics of Reproduction, compelling interest of the state, mwiage

The marital communications privilege is available in most jurisdictions. Most jurisdictions offering it allow a witness spouse to choose whether to testify; some automatically disqualify evidence from a spouse.

West's

Prior to his trial with others on federal drug charges, petitioner advised the District Court that the Government intended to call his wife (who had been named in the indictment as an unindicted co-conspirator) as an adverse witness and asserted a privilege to prevent her from testifying. The District Court ruled that confidential communications between petitioner and his wife were privileged and therefore inadmissible, but the wife was permitted to testify to any act she observed before or during the marriage and to any communication made in the presence of a third person. Primarily on the basis of his wife's testimony, petitioner was convicted, and the Court of Appeals affirmed, rejecting petitioner's contention that the admission of his wife's adverse testimony, over his objection, contravened the decision in Hawkins v. United States, 358 U.S. 74 , barring the testimony of one spouse against the other unless both consent.

Held:

The Court modifies the Hawkins rule so that the witness-spouse alone has a privilege to refuse to testify adversely; the witness may be neither compelled to testify nor foreclosed from testifying.

TRAMMEL v. UNITED STATES, 445 U.S. 40 (1980)

Either spouse can invoke the marital confidences privilege. That means, for example, that if a husband is the defendant in a civil lawsuit he can assert marital confidences privilege to prevent his wife from being called to testify about confidential communications, or his wife can assert marital confidences privilege to keep from having to testify.

For marital confidences privilege to apply, certain criteria must be met:

* The communication must have occurred when no one was present other than the couple
* Both [BWAH!] husband and wife must have intended the communication to be confidential...

In addition to the exceptions noted above, there are a few other instances where spousal privilege doesn’t apply. In some states, spousal privilege doesn’t exist in divorce or child custody cases. Similarly, they don’t apply if one spouse has been accused of committing a crime against the other spouse or child.

Demystifying the Law: Spousal Privilege

So, yeah. You can beat your wife without impugnity, mostly. It could cost ya, IF your spouse can collect retainer for a divorce atty.

nova wrote:

Are Greek women attractive?

Many have unnaturally gorgeous eyes...I could just fall into them....

Edit: Ummm, the eyes I mean...but read it however you like...

Are Greek women attractive?
Many have unnaturally gorgeous eyes...I could just fall into them....

Bottomless liquid dark pools?

Rob Dawg wrote:

Many have unnaturally gorgeous eyes...I could just fall into them....

Bottomless liquid dark pools?

Yes, but in a good way...

R.I.P., Department of Commerce? President Obama Seeks to Consolidate Government Agencies - Yahoo! News

Jeez...Who does this guy think he is? Ron Paul?

• President Obama said he needs the same kind of "authority that every business owner has to make sure that his or her company keeps pace with the times.

Sounds as though the O-Man "likes firing people"...

Maybe we can have Greece and Hungary default together!

PastTense wrote:

Is Sears going into Bankruptcy?

It'd a done deal, but who will take the Krispy Kream-like carcass?? Perhaps walmart could step in and tear down all the Sears properties and build more SuperStores and then start a new effort to roll back prices on Mao suit - Wikipedia, the free encyclopedia

Unless there are large harems in the future, ...

Oh, there will be. I have little doubt. Not for 99.97% of the populace, though, only the shieks and princes.

Outsider wrote:

I think there is some delusional (wishful) thinking going on here.

Doom over load - revert to fantasy thinking.

No. Females in general are indigent. The less "white," the poorer they are.

I think there is some delusional (wishful) thinking going on here.

That would be your position.

Outsider wrote:

all the men will be rich enough to afford services

That's the historical model that we all are locked into: YouTube - Zager And Evans - In The Year 2525

I need someones expertise on the value of a 1966 Ford F-150 pickup truck with 25508 miles on a new installed engine and a new paint job three years ago. Thanks

No. Females in general are indigent. The less "white," the poorer they are.

The males don't look to be in that great of shape either.

While they pine away for all the beautiful women in the world at their disposal, we could easily pine away for the Sugar Daddies.

But meh, not that interested....

nova wrote:

Most women are one man away from welfare....At least that's what Cinco told me.

I swear that was "the other Cinco-X"!

nova wrote:

Most women are one man away from welfare....At least that's what Cinco told me.

There is a growing population of middle aged men who had manufacturing or service jobs, are out of work, will never work again, and are supported by their wives (often with medicaid and SS disability). My uncle is one of these guys and is a hard core ditto head and Newt-loving republican.

nova wrote:

Most women are one man away from welfare....At least that's what Cinco told me.

I know a few guys who'd be holding up "will work for food" signs ten yards from a liquor store if not for their women. A lot of people are near the edge; more than think they are, I'm sure. New edges can appear suddenly beneath your very feet. Happy Friday.

The Day In 100 Seconds: The Great Right Wing Freakout
YouTube - citizentube

Damn You Auto Correct! » CLASSIC DYAC: Best Prescription Ever

M1 I went to the doctor and he said I had strep throat
M1 He prescribed penetration
F1 I'll be right over

Damn You Auto Correct! » Beach Day
Getting carpet munched at 11AM...

yuan wrote:

Its very common for those who suffered under communism to be attracted to the opposite extreme:

Once you get a taste for monolithic ideological movements, it never leaves you, I guess. You just change brands.

I need someones expertise on the value of a 1966 Ford F-150 pickup truck with 25508 miles on a new installed engine and a new paint job three years ago. Thanks

1966 Ford F100 1/2 TON PU (ALL MODELS) Prices, Values & Specs - NADAguides

That's with a straight six.

ETA,very few vehicles are worth the high end...

Chris

Bob Dobbs wrote:

Once you get a taste for monolithic ideological movements, it never leaves you, I guess.

Or, those who are born as authority worshipers remain authority worshipers.

Smothering Mommy, new Testament, girly socialism, Blue Team, central-planning.
Kick-Ass Daddy, old Testament, manly socialism, Red Team, central planning.

Two flavors, but lots of different shapes of the bullshit tho.

bearly wrote:

but one that severely limits the powers of government should be the gold standard.

Including Big-MIC, Big-Road, Big-Water, Big-Airport, Big-Ag, Big-PoliceState?

Historically, females "support" (feed, house, clothe, educate) the children to whom they give birth. Historically, males perpetuate these economic obligations, while resisting law to enforce commensurate maintenance of effort, absent certain paternity of reproductive ahem labor.

Adding another adult male to a female's financial or economic obligations does not increase the either the value or profit earned by her productive labor.

See how that escalator works?

Rumor has Italy @ BBB+, S&P

Bada Bada Bing!

Two flavors, but lots of different shapes of the bullshit tho.

Both of which end in a centrally-planned society where the superior folks make the important decisions for the mud-people too dumb to come up with a utopia on their own

sum luk wrote:

and the system breaks down.

Oh yah, and all the finance and jobs and actual needs within society all get impacted by this austerity and the accounting fraud before it, this mess is not easy to fix and the political suggestions toy'd with by the fools that helped create this condition are basically criminal at this stage .. just like in America, where you have a total boatload of crooks that pretend they have a solution and sound byte that will con your vote out ofyou ... oh shit pig