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12 Mar 2006 @ 21:22
Notes on the road
from a drivearound. More >
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18 Feb 2006 @ 22:10
Series of pictures of planet Blue.
[link]
Other than that,
a few midnight thoughts. . . More >
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1 Feb 2006 @ 05:19
Twice a Day Dawn. More >
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3 Jan 2006 @ 04:03
For those who are interested in the economics of our dear Federal Reserve.
The Mess Greenspan Leaves
by Stefan Karlsson
[link]
(quote: Alan Greenspan has a record of repeated rescue operations during times of financial distress. From the stock market crash of 1987 to the S&L crisis of the early 1990s to the Asian crisis and the collapse of LTCM to the feared Y2K crisis to the bursting of the tech stock bubble, Greenspan has proven himself more than willing to bail out failed investors with additional doses of "liquidity" (the popular inflationist euphemism for inflation).
The result of this has been to increase the willingness of investors to participate in speculative bubbles because they know that if things go wrong and they are unable to get out before the bubble burst, their good friend Alan Greenspan will bail them out and limit their losses. Greenspan has thus been responsible for bubbles like the tech stock bubble and the housing bubble both by suppressing interest rates and providing the "liquidity" needed to create the bubbles, and also by reducing investors fear of losses after the bubble bursts by creating the expectations that the Fed will bail them out.(end quote) More >
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12 Dec 2005 @ 16:04
There is more than one way to
induce havoc amongst the population.
The North American continent
could be reduced to a stone age like
scenario and mentality
Overnight.
Are you in a good place?
Financial collapse is one thing,
and destruction of the electronic infrastructure is another.
And there are others.
Let us go then, you and I. More >
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4 Dec 2005 @ 21:46
Travelers and Magicians
[link]
Tells the story of a young man with an urgent desire to leave his village in Bhutan and go to America, his dreamland where he can work for lots of money and meet pretty girls, and rock and roll his way through life in his name-brand basketball shoes. He misses the bus and begins a vigil of waiting to hitchhike a ride from the occasional passer-by. Along the way he meets an old man with a basket of apples going to market, an itinerant young monk, and an elderly villager with his nineteen-year-old daughter. The monk tells a story along the way to his fellow travelers. The monk’s story is woven through the film in tandem with and parallel to the stories of the travelers on the road, going from one ride to another, sometimes on foot, all with the common destination of the city a hundred miles away, the young man presumably to go from there to America, the apple farmer to sell his apples, the monk for the festival, and the elderly man and his daughter, simply returning home. The monk’s story is a story in itself, and the entire movie is seen through two stories, one within the other, from beginning to end.
***-_/* More >
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27 Nov 2005 @ 01:36
Looks like maybe the number of folks in the good ole US of A
who are going to be having some spare time on their hands is going to be picking up. Oh, by the way, need to buy a gallon to go across town to make an ap. Got any spare change?
***/__-/*
The American Economy Has Left the Building
(© Copyright 2005. All Rights Reserved.)
by Richard Sauder, PhD
dr_samizdat@yahoo.com
24 November 2005
The news of the 30,000 jobs that General Motors recently announced it plans to cut caught my attention like a searing brand plunged deep into my mind. It's still sizzling there like a splinter festering in the middle of my brain. There have been a lot of indications in recent years of the depth of the systemic turmoil brewing in the American economy, but this news item caught my eye in a way that a lot of other news has not. Perhaps it was the admonitions from decades past of my American history teacher in high school who repeatedly warned the class that the foundationof the American economy was based on the health and well being of the housing and automobile industries, and that as went the fortunes of those two industries, so too went the economic prospects of the nation. More >
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