1

You mean spending your country into oblivion is counterproductive?

2 Deep, dark depression Excessive misery If it weren't for Ba-rack I'd have no luck at all Gloom, despair, and agony on me. (Dad watched Hee-Haw)

3 I don't know, if the international community "failed to reach a consensus" that means that some of them aren't going along with Obama's idiocy, which is good at least for them.  Whatever's left of America will have someone to trade with.  Also, different nations doing different things means the survivors can observe which worked and not go the big government road again.

For at least a generation.

4 And we have a factory in Chicago that makes miniature models of factories.

5 I whole-heartedly approve this here wacky 'Hee Haw' reference and offer up as a bonus this cheap huzzah.

6 In the end....there will be only chaos.

7 If I were the Europeans, I really wouldn't want to piss the Germans off.  Remember what happened last time?  It was in all the papers.

8 Screw that. War never changes.

9 Nikkei off 3% shortly after open

10 Slightly O/T:

What a fucking joke

11 Heck, this might be a decent time to go to Europe. I could use a trip to Venice.

12

As far as Geithner goes we're talking about a guy was laughed out of a Chinese class room by school children who have better grasp of capitalism and the markets than he does.

13 They sure do have a lot of these G20 and Gxxx meetings. There's some shindig in Toronto soon, plus a G8 meeting shortly thereafter in Ontario's cottage country. Must be nice to be a flunky at these events, jetting around in first-class, scoring hookers in far-flung locales ...

14

Gloom, Despair, and Agony On Me!

But wait!

OBAMA'S SECOND MUSIC PARTY OF WEEK...

15

Commodore Bernanke of the USS Keynes says:  Ramming Speed!

Admiral Akbar replies, "It's a liquidity trap!" 

16 The 90's and 00's were actually pretty atypical for postwar European economies -- the Europeans, particularly the French and Germans, tended to be "hard money" types. Understandably so, given their experiences during and after World War II and the subsequent Bretton Woods system (where they could like the US Dollar or they could love it, but that was it). But the Euro project turned on the spigots, and the Europeans, like their American counterparts, spent like the wind, baby. The German situation is rich in irony. The German volk are angry at the profligate Greeks and don't want to bail their spendthrift asses out of the jam they got themselves into. Understandable. Yet if the Germans reject a bailout, German banks and businesses are going to take a huge financial hit -- maybe a fatal one. Because Germany's economy depends on exports, which in turn means robust trade. If the Eurozone falls apart, so does a lot of Germany's trade. European banks are hiding a lot of ugly shit off their balance sheets, and if the Euro goes down, all that ugly debt will shoot to the surface. You think that Greece, Spain, Portugal, and Hungary are bad? Wait 'til you see the bad loans on the books of German and French banks.

17 So good time to invest in bacon and firearms then.

18 You gotta fight/

for your right/

to paaaaaaartyyyyyyy!

19 11 Heck, this might be a decent time to go to Europe.
I could use a trip to Venice.

Might as well go before the upcoming Muslim majority tears down and/or renames places.

20 Everyone has to be somewhere when the world ends. You could do worse than Venice. Or the Amalfi coast.

21 O/T:  so the prez and the mrs are going to Ford's theater tonight with a whole bunch of their peeps.  Why when I heard Ford's theater did Ford's theater ring a bell?

22

Commodore Bernanke of the USS Keynes says: "Ramming speed!"




And then those evil pesky joos blow the ship full of peace activists and humanitarian aid out of the water.


The End

23 What do you mean? I celebrated June 6th because I understand the significance of my office. Woo-hoo, the play-offs!!!

24 I simply cannot believe this bitch is at another party.

25 I wonder of there's a betting line somewhere on whether the NYSE invokes Rule 48 first thing in the morning.... I'd bet some money on it. It's going to be a roller-coaster of a day.

26 I can;t wait until after these stupid anniversaries af people with guns are oer so I can discuss important issues like getting LeBron to the Bulls.

27 Maybe if we had let Stalin take Western Europe they'd all be Capitalists by now.

28 He has been partying and golfing so much I'm beginning to think everything is just peachy and the MSM is full of shit....and just trying to fool us...cause he is partying every night and golfing every day...how bad could things be?

29 I wonder of there's a betting line somewhere on whether the NYSE invokes Rule 48 first thing in the morning....

Intrade doesn't have that?  Well, probably not, it's a sucker bet.

30 I bought a case of cheez wiz at Costco as a hedge yesterday.

31
cause he is partying every night and golfing every day...how bad could things be?

Posted by: curious at June 06, 2010 08:51 PM (p302b)

As long as he's not scoring a Lewinsky in the Oval Office, all is well.

32

Don't listen to this Monty character. Good news abounds.  I managed to cut two strokes off my handicap this month.

 

33
Why does that mean man Monty say bad things daddy?

34

 I managed to cut two strokes off my handicap this month.

I wondered why the presdential score card pencils are the the only ones I've seen with erasers.

35 So is it okay for me to start printing my own money yet?

36
Why should the Lakers beat the Celtics by cheating daddy?

37 Hmm. You party when things are great and when an 50 klick asteroid is heading your way. I'm betting asteroid.

38 Re European bank debt: remember that Europeans (sovereigns and individuals alike) borrowed billions of Euros when it was trading around $1.50. Now it's around $1.19, and heading lower. This is the horrendous pain of deflation, kids: European borrowers now owe about 30% more than they did a month ago, even if they don't borrow another dime. This is, in a nutshell, why Greece and probably Spain will have to default at some point. The math is pitiless -- barring some extraordinary uptick in the economy that doesn't look very likely at present, servicing that debt will eat up a huge portion of GDP for those countries for years to come. Austerity and taxation won't solve the problem -- default is really the only solution.

39 #7  If I were the Europeans, I really wouldn't want to piss the Germans off.  Remember what happened last time?  It was in all the papers.

I used to think the Germans would never rearm b/c they're too pacifistic these days.  But given our lack of support for the Baltic States and Israel, they might.

After all, the Bear is awake and feeling frisky and hungry. 

40
Germany, in fact, may be precipitating the fall of the Euro sooner rather than later.

Balderdash! Germany has always striven for a stable Europe.

41 Those Blackhawks have a serious home-ice advantage.  Chicago's a lot colder than Philadelphia, so that makes sense.

42
Why does Janet Napolitano look like a man daddy?

43

Believe me, I have absolutely no interest in such a thing.  By the way, have you met my special friend Raoul?

Excuse me????

44 OT:

This story is interesting.
NJ Dems have majorities in the state houses but don't have the guts to stop Christie's budget. They don't want to vote for it, and don't want to be blamed for scuttling it. So what they do? They used their majorities to force some rules that make the Republican minority own the budget. They will provide just a handful of votes, enough for the budget to pass, and then howl like hyenas when it passes.

45
What does spanking the monkey mean daddy? 

46
Hmm. You party when things are great and when an 50 klick asteroid is heading your way.

I'm betting asteroid.

Posted by: eman at June 06, 2010 08:56 PM (QVpWo)

Or if you're a radical leftist douchebag like he is you celebrate when your plans of destroying America and empowering its enemies are coming along swimmingly.

47 Monty, could you expand on "Rule 48"?  (Not with a Jethro Gibbs joke, please.)

48 Dream of dreams! The snack bar at the turn serves waffles!

49
Am I prettier than Amy Carter daddy?

50
Why does mommy have a big butt daddy?

51
Why does Barney Frank talk funny daddy?

52 Am I prettier than Amy Carter daddy?

Posted by: Malia at June 06, 2010 09:01 PM (v1gw3)

FATTTTTTT.  Uncle Harry Reid suggests you get off your butt and do some patty cakes with him.

53
Have you ever plugged a hole daddy?

54

Now really, all that needs to be done is take the Mideast oil fields...before the Russians or Chicoms do. Not us mind you...but the Eurotrash need to do this. it's their future at stack here. They must fight or die.

We got all the oil we need. We got so much we can fill the Carrabean Sea with it.

55 Euros at the 99 cent store? I'm gonna get me some!

56
Why does Ms. Kagan look at you with goo-goo eyes daddy?

57 So is it okay for me to start printing my own money yet? I'm already on it. Presenting the new AoSHQ official currency! 1 Cretin = 1/100 oz fine gold (.999 pure) 1 Dullard = 10 Cretins 1 Gold Moron = 10 Dullards (1 oz fine gold) The Gold Moron shall have Ace's profile on the obverse, with the reverse representing a stylized bottle of vodka, with the words semper ebrius underneath.

58 Monty puts up and informative thread and within minutes it gets taken over by Ostumble, Malia, Kal Penn, and Michelle my Belle.  Ahhhh the morons.  (me included)

59 I don't think I've ever seen such a look of misery and dejection on the face of my daughter as I just did a moment ago.

I sat down with her on the sofa and (as calmly as I could) tried to explain to her why Monty insists on denying that the magical Skittles shitting unicorns will save the world economy. I tried to keep my voice steady, but it became increasingly difficult - the rage and feelings of helplessnes were just too much. I think my daughter could tell something was wrong. I found myself at such a loss for words - nothing made any sense; nothing makes sense anymore. I finally had to admit, "Honey, I just don't know - I don't know what's going on in this country anymore..."

When I finished her lower lip started to tremble and her eyes began to fill with tears, "Daddy" she said, "why is Monty so mean?" Well, that was it for me: I finally fell apart. She just fell into my arms and we both began sobbing for several minutes.

60 Posted by: torabora at June 06, 2010 09:03 PM (E4XYl)

not according to the libs/dems....last night at a party everyone told me quite earnestly that we are "running out of oil" and that maybe we have ten years of oil left, tops"....They all told me this with straight faces...they really really believe this..

61
Why does Dr. Phil talk to mommy in private daddy?

62
Does Delta Smelt mean she smelled a bootie boo-boo daddy?

63 The Gold Moron shall have Ace's profile on the obverse, with the reverse representing a stylized bottle of vodka, with the words semper ebrius underneath.

Posted by: Monty at June 06, 2010 09:04 PM (O3eFQ)

I am worried that we are not far from needing such a currency.

64 Semper ebrius. Why, that sounds like me!

65 not according to the libs/dems....last night at a party everyone told me quite earnestly that we are "running out of oil" and that maybe we have ten years of oil left, tops"....They all told me this with straight faces...they really really believe this..

Peak oil. My moonbat stepson believes in it implicitly. No amount of evidence will dissuade him. I throw up my hands in despair--for a certain brand of leftist, it's holy writ.

66
I'm off to bed, and hope to dream about fairies and gumdrops daddy. 

67 Rule 48 Here's a quick explanation. Basically, it's a way to mediate excessive trading-volatility at the opening bell.

68

So is it okay for me to start printing my own money yet?

I'm already on it.

Presenting the new AoSHQ official currency!

1 Cretin = 1/100 oz fine gold (.999 pure)
1 Dullard = 10 Cretins
1 Gold Moron = 10 Dullards (1 oz fine gold)

The Gold Moron shall have Ace's profile on the obverse, with the reverse representing a stylized bottle of vodka, with the words semper ebrius underneath.

And then Monty goes and proves that he himself is in league with us morons.  heh.

69 My Unicorn just got busted for running a meth lab. My kid's unicorn is running illegals in from Mexico and shipping the pretty ones to Saudi Arabia. Where did 2009 go? We were so happy.

70 PAAAAAAARTY!!!!!

71 They all told me this with straight faces...they really really believe this. Posted by: curious

To which you should have replied, "Well, if that's the case, then hurry up and kill yourselves so that there will be enough oil left for me."

72 I'd like "buffoon" to be in there somewhere.  Always liked that word.

73 ErikW - as long as its gold, silver, or lead. Sure.

74 #69  not according to the libs/dems....last night at a party everyone told me quite earnestly that we are "running out of oil" and that maybe we have ten years of oil left, tops"....They all told me this with straight faces...they really really believe this..

They've been saying we're "running out of oil" for years and years now. 

Oh, we probably only have ten years left (maybe too optimistic), but not because we're running out of oil...

75 Does anyone remember if Monty know how to smile?

76 not according to the libs/dems....last night at a party everyone told me quite earnestly that we are "running out of oil" and that maybe we have ten years of oil left, tops"....They all told me this with straight faces...they really really believe this..
Posted by: curious at June 06, 2010 09:05 PM


We have been "running out of oil in ten years" ever since I have been paying attention.

I'm pretty sure known reserves have done nothing but grow in the meantime. I'd want TexasJew's comments cause that part could be wrong/full of shit but I know it's closer to the truth than that banter your were enduring last night.

77 Hey wasn't just last year the msm was saying hey the euro was what you wanted. Even Patriots QB gf/wife wanted to be paid in Euros. Or Jazy G or whatever his name was had fist full Euros in his hand telling us peeps to ditch the greenback? I know the greenback is just paper but who ya gonna trust? Euro, Yuan(artificially deflated) or the good ole greenback. I know I know Obama basically doing everything he can to destroy the greenback but Europe has a head start. My young son keeps yelling coins coins when he see the goldline commercial. I think he probably has the right idea.

78 Peak oil. My moonbat stepson believes in it implicitly. No amount of evidence will dissuade him. I throw up my hands in despair--for a certain brand of leftist, it's holy writ.

Posted by: joncelli at June 06, 2010 09:07 PM (c4gj

One thing I did buy last week was more natural gas stocks. We are a peak oil here. We've got plenty of it but until we get rid of Obama and the dems it's just like not having it. There is nothing else other than natural gas and even the dems are starting to talk it up.

79  
not according to the libs/dems....last night at a party everyone told me quite earnestly that we are "running out of oil" and that maybe we have ten years of oil left, tops"....They all told me this with straight faces...they really really believe this..





How will they fill up their Expeditions with the No Blood for Oil and Mother Gaia stickers on them to drive to Starbucks and Whole Foods ?

80 I worry Germany will go back to the Reichsmark.

81

ACE et al:

You guys have to make this a future post.  Cops in AZ yell at Major of Phoneix, and tell him to SHUT UP. And to stop calling cops in AZ racist. He  calls the mayor ignorant.

Maricopa County Sheriffs Office: Mayor Gordon, You're ignorant! Shut up!

http://tinyurl.com/2dhg938

82

ErikW - as long as its gold, silver, or lead. Sure.

Is copper okay? There's this substation around the corner and I have bolt cutters...

83 sorry, I just realised this was bolded and probably on the wrong thread.

84 How about a centenial silver buffoon

85 How will they fill up their Expeditions with the No Blood for Oil and Mother Gaia stickers on them to drive to Starbucks and Whole Foods ? Posted by: Blazer Heh. Without oil there would be no Starbucks. Typical Lefties. Stuff is just there. All that food in cities is just there.

86 Obama and his cronies pretty much said he was going to do a "Reverse Reagan" before he was elected. ie. he was going to put us in so much debt conservatives could never again say "lower taxes" because it would be impossible. Well congrats he pretty much has put us into so much debt our grandchildren will never be able to repay it. I hope him and his fucking asshole party is proud. They have spent trillions we dont have, to buy shit we didnt need, all to basically give their political party a fucking talking point.

87 I hope Zombie Thomas Jefferson doesn't come around me. I'd hate to have to explain this shit. Any Zombie Founding Father would be slowly mixing tar about now.

88

Gloom, Despair, and Agony--oh my!

I baked butterscotch cookies to ease the pain. Who wants some?

89

O/T - This makes my infidel heart swell with pride. 

5,000 Show up in NYC for Anti-Mosque Demonstration.

http://tinyurl.com/2eaxq88

 

90

Sheeeeeit Monty, ain't you heard yet, Obama gots a stash.

Brother is gonna help his people.

91

I baked butterscotch cookies to ease the pain. Who wants some?

Posted by: laceyunderalls at June 06, 2010 09:15 PM (PWH/i)

Smoosh em' flat with a rolling pin and fax me some.

92

 How about a centenial silver buffoon

Posted by: Bob Hussein Dole at June 06, 2010 09:13 PM (DLaJY)

I like it. I prefer Martin Van Hussein Buren though.

93

Oil will never run out, its not decayed or "fossil" fuel, its black blood of the earth formed by vulcanism and carbon and all kimds of things in the ground naturally.

What about natural gas, is that fossil farts

94

We have been "running out of oil in ten years" ever since I have been paying attention.

Wasn't that Carter's schtick?  How do they explain the fact that 30 years later, we still have oil?

95

@lacey

Sure I'll take a few.  Got any scotch to wash em down?  Cookies alone won't do the trick I'm afraid.

96 I baked butterscotch cookies to ease the pain. Who wants some?

Me please!

For more deep-science enjoyment, I am currently watching 2012.

I have a friend in LA who watches the highway collapsing over and over again because the thought of it brings her joy.

97 99, Saw it. Who knew tectonic plates were so fast? The New Geology is awesome!

98 alex, keep your chin up honey, things look bad, but all of us are seeing it. plans start when eyes see stuff. soon we'll make them. we'll tos their rears Hard 2012, we'll regain gvt, at the least stop "progess" if not we'll all pull resources. i have a big house a garden growing, i have room

99 #100  Smoosh em' flat with a rolling pin and fax me some.

Call 'em the Rachel Corrie special.

Dude, you'd trust cookies from her?  Brave of you..

_{/I'm kidding, Lacey, . I'm sure they're delicious.} 

100

5,000 Show up in NYC for Anti-Mosque Demonstration.

I can't believe there are people who think it's okay.  It'd be worse than a turd in a punchbowl.

 

101

_{I baked butterscotch cookies to ease the pain. Who wants some?} 

 Cookies.

102 75 Rule 48

Here's a quick explanation. Basically, it's a way to mediate excessive trading-volatility at the opening bell.

Posted by: Monty at June 06, 2010 09:08 PM (O3eFQ)

Rule 303 works best.

103 Rachel Corrie can't be all bad. Did she have big tits or was she flat-chested?

104

Rachel Corrie can't be all bad. Did she have big tits or was she flat-chested?

Uh, before or after?

105 112 Flat as a board.

106 #105  I have a friend in LA who watches the highway collapsing over and over again because the thought of it brings her joy.

I liked watching that entire part of Cali drift into the ocean.  It actually wasn't a bad experience seeing 2012 in the theater.  I really loved it.

John Cusack can move real fast for a white boy.

107

Awww crap, lacies got me in the mood for cookies some now. Looks like I'll have to heat up the oven and bake some peanut butter cookies, although butter scotch would be the shiznit right now.

108

Flat as a board.

Which would explain why she was so angry.

109 last night at a party everyone told me quite earnestly that we are "running out of oil" and that maybe we have ten years of oil left, tops

The question is moot.

110 Rule 303 works best.

This is one time I hope Rule 34 is not in effect. 

111 Rachel Corrie can't be all bad. Did she have big tits or was she flat-chested?

Posted by: gator at June 06, 2010 09:19 PM (XBdMr)

Jeebus gator they buried her in an envelope what do you think?

112 ugh, butterscotch cookies, peanut butter cookies, you guys are cruel!

113

I want to visit that deserted island Monty was talking about earlier.

It would be nice being ignorant to the day's headlines for a while.

114 BTW, I just stepped outside for a smoke and got the first whiff of the gulf oil.  I'm 20 miles up Mobile Bay, but we are getting a south wind.

Sucks to be us I'm afraid.

115
Rachel Corrie can't be all bad. Did she have big tits or was she flat-chested?

Posted by: gator at June 06, 2010 09:19 PM (XBdMr)

I don't know, but she had a face only a goat fucker could love.

tinyurl.com/2g9e28h

116

Jeebus gator they buried her in an envelope what do you think?

Was it a licked and sealed envelope, or did they leave it open?

117 I liked watching that entire part of Cali drift into the ocean.  It actually wasn't a bad experience seeing 2012 in the theater.  I really loved it.

You should hear me yell at the screen when Hot Sasha bites it. 

118 The first proof for the AoS Lifestyle currency

119 I thought you meant Rule 34.

120 I don't know, but she had a face only a goat fucker could love.

tinyurl.com/2g9e28h

Posted by: Blazer at June 06, 2010 09:24 PM (t72+4)

Was that taken before or after?

121

Monty - numbers and cipherin' make my brain hurt, so just confirm for me that a gallon jug of Val-U-Rite would cost about one Cretin.

122 You know what's going to be funny? On Monday, the WSJ will have an "OMG! Euro down to $1.18 in trading!" story. (Or $1.16, the way things are going...) Then, a few days later, they'll have a "Euro shows signs of strength! Moves back up to $1.18!" story. This market has the attention-span of a two-year-old.

123

I don't know, but she had a face only a goat fucker could love.

Woof! Is there even any such thing as a hot libtard?

124

Jeebus gator they buried her in an envelope what do you think?

Posted by: robtr at June 06, 2010 09:23 PM (fwSHf)

Thats actually not true. She was shredded and put out with the recycling per her parents wishes is what I heard.

125

i don't have animosity for rachel, she was just another silly girl told silly ass things,, and died

I blame the  old left  Profs.for making her believe lies, putting her in that position, in essence killing her .

126 ErikW -- substation -- y'all be careful

127

This market has the attention-span of a two-year-old.

That's an insult to two year-olds.  Go with goldfish.

128

I blame the  old left  Profs.for making her believe lies, putting her in that position, in essence killing her .

Posted by: willow at June 06, 2010 09:28 PM (HyUIR)

I blame Bush

129

@135

Yeah and her libtard parents accepted a painting of St. Pancake from non other than Yasser Arafat.  Pathetic. 

130 Delta, yes they are. Leftism is an illness, I believe that now.

131 so just confirm for me that a gallon jug of Val-U-Rite would cost about one Cretin. In the Moron Nation, we do not speak of vodka's costs in terms of certain currencies. Only in relative weights and measures. For example: a quart bottle of Val-U-Rite is worth ten packs of filterless smokes, one sub-par blowjob by a past-her-prime hooker, or an "All The Trimmin's" dinner at Dr. Hogly Wogly's Tyler Texas Pit BBQ. In this scenario, one Cretin serves as a place-holder for all these transactions. However, this exchange-rate may float according to local conditions (lack of available hookers, smoking ordinances, what have you).

132 I heard Racheal Corey was a dead lay, is that true?

133

Is there even any such thing as a hot libtard?

In theory yes.  But once that start talking that theory can be destroyed quickly.

134

ErikW -- substation -- y'all be careful

He, he, no I'm not that stupid. I ply hobos with cheap whiskey and talk them into doing it.

135 embracing an ideology that wouldn't mind killing you when your usefullness is over, IS An Illness.

136 I don't know, but she had a face only a goat fucker could love.

Unfair.  She tasted pretty good to me.

137 One AoS coin has to have Paul Anka on one side and a t-shirt and hammer on the other.

138 Ace's currency is backed up by the vodka standard.

139 My girlfriend is watching the MTV music awards. To be honest right now I am having fond dreams of gouging out my eye with chopstick filled with wasabi.

140 So, is it better to get out of the various markets, go long (20y long), or keep fluid going tactical and try and out option the experts. 

Cash is going to devalue - so stock up on durable, core commodities (guns) for resale later?  try and get deep into debt buying gold?

141 I'd buy that for a cretin.

142

I blame the  old left  Profs.for making her believe lies, putting her in that position, in essence killing her .

There comes a time when you need to put aside what you've always been told and use your brain.  Be logical.  Check the facts.  Read actual history.  Turn your back on the pretty fairy tales you've been fed and face up to reality.  Liberals annoy me because they are so willfully ignorant.

143 These ongoing fiscal bailouts need to be properly labels as "Socialist Union Bailouts". (SUBs)

It's not a bail out of Greece, it's a bailout of the socialist union in Greece.  Make no mistake, these same socialist union conditions exist elsewhere, including in many US States, counties, and cities as well as the Federal Government. 

It shouldn't go without mention that a big chunk of the mortgage bailout crisis in the US was related to the CRAs attempt to socialize housing, by passing out 'free' homes to those who clearly had little to no means to actually buy those home... 

144

125 BTW, I just stepped outside for a smoke and got the first whiff of the gulf oil.  I'm 20 miles up Mobile Bay, but we are getting a south wind.

Sucks to be us I'm afraid.

 

damian,  I don't think the oil will make it into Mobile Bay.  I was down at Point Clear today and everything was fine.  Gulf Shores and Pensacola are going to get clobbered.  Beach condos ought to be real cheap soon.

145

If we shut down the Pentagon, and open the Department of Peace, it would be cool and shit.

I'd like to teach the world to toke, in perfect harmony.

Whoa dude, I just fell off my bean bag chair.

146 Corrie was no saint. She was the enemy. Fuck her with a shoehorn.

147


Here's Corrie burning a mock U.S. flag at a Pali protest. To hell with that pos.

148 157 Corrie was no saint. She was the enemy. Fuck her with a shoehorn.

Even worse - she got owned by a bulldozer due to her own stupidity. 

149 I've been hearing (mainly in the ZH forums, but elsewhere as well) that the ECB is intentionally driving the Euro down against the USD, to stimulate the export market. I don't see it, and for a simple reason: the borrowed billions when the Euro was at $1.50, and those loans will still need to be repaid. Europe's nations are all broke, and the usual export market -- America -- isn't going to bail them out this time. So who are they going to export to? China can easily undercut any European advantage on export prices, and Europe itself is a primary export market for China, so a collapse in individual spending in Europe will have a knock-on effect in China. Which is to say: consumers are tightening their belts everywhere, which makes this "We'll grow our export business!" logic sound a little hollow to me.

150

@158

I like the cut of her jib.  She's hot.

151 <i>Don't know much about history
Don't know much about producing energy
Don't know much about an economics book
Don't know much about the constitutional law I took

But I do know that I would love imposing Marxism on you
And I know that if you would just love Lenin too
What a wonderful socialist country this would be

La ta ta ta ta ta ta
(History)
Ooh ooh ooh ooh ooh ooh
(Producing energy)
La ta ta ta ta ta ta
(Economics book)
Ooh ooh ooh ooh ooh ooh
(Constitutional law I took)

But I do know that I would love imposing Marxism on you
And I know that if you would just love Lenin too
What a wonderful socialist country this would be
- The Child Emperor
</i>

152 18 So good time to invest in bacon and firearms then. Posted by: alexthechick at June 06, 2010 08:46 PM (r07cb) Bacon isn't an investment, it's a lifestyle.

153 46
Why does Janet Napolitano look like a man daddy?

Posted by: Malia at June 06, 2010 08:57 PM (v1gw

Axe Barney, she sleep with him.

154

I've been hearing (mainly in the ZH forums, but elsewhere as well) that the ECB is intentionally driving the Euro down against the USD, to stimulate the export market.

That's BS, everyone is selling the Euro becasue they are afraid it isn't going to be around much longer. All it would take is for Germany to say they don't want to play anymore and the Euro is history

155 Thanks for all the explanations Monty, but now I feel worse.  What was that song those little brats sang in "Sound of Music"? 

156 Riding along on an Obama  screwousel
HeÂ’s trying to put the screws to all of you
Riding along on an Obama screwousel
Will he be able to put the screws to you

Napolitano chasing, and sheÂ’s racing
So near yet still a ways away
On an Obama screwousel, on an Obama screwousel

Nearer, nearer by changing laws
Still a ways away
People fighting for their constitution
Just get in the way

Round and round and round and round and round
And round and round and round screwing you
Up, down, up, down, up, down too

157 Remember: the first time is tragedy, the second time is farce.

A third time is enemy action.

158 Been hitting the financial sites, have yet to hear a single interesting way out of this box.  Short of general war in the Middle East.

159

Word to the peeps.

I'm movin' back to Kenya.

160

There comes a time when you need to put aside what you've always been told and use your brain.  Be logical.  Check the facts.  Read actual history.  Turn your back on the pretty fairy tales you've been fed and face up to reality.  Liberals annoy me because they are so willfully ignorant.

Posted by: katya, the designated driver at June 06, 2010 09:33 PM (fVbYf)

 i agree,  i wish she hadn't put her self in that position, she was a useful tool as they say. i know plenty of people that don't grow up until they are well into their 20s

we have soldiers fighting the good fight  much younger than that. raised by decent parents.

i just feel bad she grew in an environment that killed her. she likely would have stayed a tool as many we hear of everyday.

i just find it sad.

161

I wasn't aware that Rachel Corrie attended Space Camp ?


tinyurl.com/24upvjl

162 Who has a good place to put me some knowledge on a Germany-back-to-the-Reichmark scenario for me?

Kratos, you linked to a great economic blog yesterday and I never bookmarked it. I think they were discussing it.

163

i just feel bad she grew in an environment that killed her. she likely would have stayed a tool as many we hear of everyday.

i just find it sad.

Yeah, I see your point....gotta run, Bubba is after me again.

164

172# Blazer you're so bad, jeeze,

snort, but  also laughed . g-d life is crazy.

165 #173  Kratos, you linked to a great economic blog yesterday and I never bookmarked it. I think they were discussing it.

um, I did?  I don't recall..

166 This is WW3, without the guns.

167 Rachel Corrie is the perfect example of how liberals live in a fantasy world, and that is why I feel sorry for her.  They think its all a game.  They don't realize that if you go into Gaza to support an anti-Israeli movement or try to break a blockade or go hiking in north korea or iran, you are probably getting arrested or killed.

168

Who has a good place to put me some knowledge on a Germany-back-to-the-Reichmark scenario for me?

They do it right after they invade Poland and France.

169 Saw Rachel Corrie's parents on a newscast the other day.  They looked pretty happy to be out protesting.  Libtards.

170 Jeff, They'll show up.

171 Been hitting the financial sites, have yet to hear a single interesting way out of this box. Everyone is struggling to find a way to get out of debt without, you know, actually paying off the debt. The usual route is to default, but Eurozone countries can't default (well, they can, but they'll wallpaper it over by calling it a 'restructuring' rather than a default). America can't default because we're the world's reserve currency -- people are still buying our T-Bills and Treasuries as fast as we can print them. It won't last, of course -- nothing ever does. Of course we'll default, sooner or later; reality will assert itself. But I suspect that America will win the "race to the bottom": the Euro will collapse first, followed by China's Yuan. We'll have maybe a five-year window to get serious about entitlement reform and reducing the size of government: after that, if we do nothing, then default is mathematically certain. Once our debt-to-GDP climbs over 100%, servicing that enormous debt will simply become impossible. Greece and California are stark examples of what can happen, but remember: Greece can get bailed out by the ECB and the IMF; California can get bailed out by the Federal Government. But who can bail out the Federal Government? Nobody. We're King of the Mountain. The problem is, though, that when we get knocked off no one is going to take our place.

172 178 and 180. true, sad ain't it...

173 We need to start wholesale firing of bureaucrats and cutting of compensation packages.

174 um, I did?  I don't recall..
Posted by: Kratos (missing from the side of Mt Olympus) at June 06, 2010 09:46 PM

It was a Europe meltdown story or something you linked to in comments. I might have followed a secondary link to get where I'm remembering. Thx!

175

Saw Rachel Corrie's parents on a newscast the other day.  They looked pretty happy to be out protesting.  Libtards.

Yeah, problem?

176   184 We need to start wholesale firing of bureaucrats and cutting of compensation packages.

Posted by: rdbrewer at June 06, 2010 09:51 PM (6ZHXM) 

 yes, and unions out of the public worker sector.

177 What would be the German tactical method of pulling out of the Euro?  They have to do it fast, essentially overnight.  Can't do that with retail transactions - so it has to coincide with a general economic holiday?  Any good 3 day weekends in Germany coming up?  If a whiff of credible news about new DM coinage or paper production leaks - the Euro implodes same day.

So -- Saturday morning announce the Euro is only good for transactions up to a 10E note, everything else must be electronic,  bars and hookers hardest hit.  Citizens can redeem 5K E - businesses upto 100K E on Monday.  Can they let retailers use dollars or pounds notes until DMs can be circulated?  Can the electronic banking (devit/credit card system in Europe handle going cashless?)

178

#182

Paul Ryan 2012

 

179 Yeah Racheal Corrie might be as flat as me, but at least I don't die when I get run over.

180 wow. Looking through history for something is fun

xenu, Shirley Manson, Detroit, Corrie, Petrobas,

181 Nikkei down 3.71% out of the gate.

182 178 Rachel Corrie is the perfect example of how liberals live in a fantasy world, and that is why I feel sorry for her.  They think its all a game.  They don't realize that if you go into Gaza to support an anti-Israeli movement or try to break a blockade or go hiking in north korea or iran, you are probably getting arrested or killed.

Posted by: JP at June 06, 2010 09:48 PM (+hVrU)

It's like that italian bitch who's ransom by insurgents in Iraq wound up getting her rescuers killed by US soldiers.  Trying to explain that "we're on your side" to them really doesn't work becsause in their eyes, your existence makes you the enemy.

183 The always ghey-sounding Mark Belling had Paul Ryan on Friday's (Rush) show.  Ryan claims to have the formula for getting the US out of the shiznit in a few years.  I'm sure Barry O will want to call him up to the big house in 5, 4, 3...

184 O/T: I don't remember seeing this on any of the rightie blogs.

" [T]he Department of Homeland Security says "the number and pace of attempted attacks against the United States over the past nine months have surpassed the number of attempts during any other previous one-year period.""

Now, just why would the terrorists start upping their pitch count? I wonder.

185


To the parents of Rachel Corrie,


It is with extreme regret that we inform you that your daughter became an unfortunate casualty when she decided to assist and support terrorist activities in the Gaza Strip.



P.S. If your wondering where her body is, you're holding it.

Sincerely, The IDF

186 193 178 Rachel Corrie is the perfect example of how liberals live in a fantasy world, and that is why I feel sorry for her.  They think its all a game.  They don't realize that if you go into Gaza to support an anti-Israeli movement or try to break a blockade or go hiking in north korea or iran, you are probably getting arrested or killed.

Posted by: JP at June 06, 2010 09:48 PM (+hVrU)

It's like that italian bitch who's ransom by insurgents in Iraq wound up getting her rescuers killed by US soldiers.  Trying to explain that "we're on your side" to them really doesn't work becsause in their eyes, your existence makes you the enemy.

Posted by: buzzion at June 06, 2010 09:55 PM (oVQFe)

told you they're ill, nothing else makes sense.

bergs parents another example, they cannot accept their complicity in the death so they blame the easiest group, that doesn't fight them back.

187 "Woof! Is there even any such thing as a hot libtard?"

Scarlett Johansson.  Someone who supported not only Kerry and Obama but Woody Allen has probably drank so much of the Kool-Aid that she's beyond help...not that it wouldn't be worth many valiant attempts...

188 Monty, our problem isn't so much the debt we have - we could handle that; it's the obligations that are coming - that no one believes we have the political will to address.

189 They have to do it fast, essentially overnight. I was wondering if maybe the Bilderberg schmooze-fest wasn't a way for the principals to meet and figure out how to break up the Euro without causing a financial collapse. It's conspiracy-theorizing, of course, but I do wonder. No one wants to be left holding the bag, and it's pretty clear that Germany is halfway out the door already. The problem is the massive interconnected indebtedness of the various Central Banks. All those debts are denominated in Euros; I'm not sure how a reversion to national currencies would work out (do you convert a Greek loan from a German bank into DM or drachmas?).

190 many think megyn fox is hot, she's another sick snot.

191 "Woof! Is there even any such thing as a hot libtard?"

Shirley Manson

192 Scarlett Johansson. Someone who supported not only Kerry and Obama but Woody Allen has probably drank so much of the Kool-Aid that she's beyond help...not that it wouldn't be worth many valiant attempts... Posted by: Dave J. at June 06, 2010 09:58 PM (DCQ0q) & don't forget standing up for Polanski. The upside is, you know exactly how to get into her pants on the first date.

193

The always ghey-sounding Mark Belling had Paul Ryan on Friday's (Rush) show.  Ryan claims to have the formula for getting the US out of the shiznit in a few years.  I'm sure Barry O will want to call him up to the big house in 5, 4, 3...

I heard the interview.  Belling talks too much.  Ryan has had that plan out for quite some time. Ryan also schooled Barry in the dog and pony show the precedent set up a few weeks before healthcare passed.

Ryan, is upbeat, articulate, likeable, and a true believer, in other words, one of us. 

Yeah, I'm biased, and have a mancrush on him, but he's the best I've seen in quite awhile. 

194 ack, bildeberg is a real entity? hell i thought it was a conspiracy.

195 Kratos,
Found it! You linked an article about the State of Connecticut getting its rating cut from AA+ to AA by Fitch

196

I was wondering if maybe the Bilderberg schmooze-fest wasn't a way for the principals to meet and figure out how to break up the Euro without causing a financial collapse. It's conspiracy-theorizing, of course, but I do wonder

Nice jib Brah!

197 It's a hotel.

198 Delta i like Ryan and Cantor, we'll see what time brings..

199 Damn, the DJIA futures are getting the shit kicked out of them. I'm heading to bed: enough miserable financial news for one day. (I'll post another chicken-little alarum in the morning of the Dow opens as badly as I think it's going to.) Good night, Morons.

200 Monty, you do the electronic stuff by fiat.  Pass a law converting all Euro debt to DM debts at a fixed rate of X, effective immediately, hell make a constitutional amendment - rock solid - clear law.  The open the markets gradually over the course of a week.

201
bildeberg is a real entity? hell i thought it was a conspiracy

Who's been talking?!

202 If your walking around with more then 500E in cash right now - your nuts.

203 195 O/T: I don't remember seeing this on any of the rightie blogs.

" [T]he Department of Homeland Security says "the number and pace of attempted attacks against the United States over the past nine months have surpassed the number of attempts during any other previous one-year period.""

Now, just why would the terrorists start upping their pitch count? I wonder.

Posted by: Marv Albert and the Tijuana Brass at June 06, 2010 09:56 PM (zgd5N)

Come on Down!

204 If I am not the hottest at least I was the last liberal woman that was actually relevant.

205 I still suck cock. June 6, 2010

206 The non-entitlement fraction of the US Budget is big for sure, but is a microdot compared to the other half. We could stop all non-entitlement spending and still be screwed. We had a chance to fix things in 2005, but fell on our asses. SS and Medicare: it's them or us.

207 Bebe Neuwirth's pretty far left (IIRC) and I had a pretty serious crush on her in the 1990s.

208 Woah, Nikkei down 4% at the 11am break.

( BTW, what's up with that break thing anyway? Is it a lunch break or what? )

209 Monty, you do the electronic stuff by fiat. (Okay, one more post.) Yeah, but who takes the exchange-rate haircut? Borrower or lender? Who decides? I just think you'd have to phase-in any reversion to a national currency. A dual-currency regime would be a nightmare in a fiat-currency world, though. Gresham's Law would cause mayhem.

210 eman, thanks for changing my hopes for a  possible recovery after 2012.

211 ack, bildeberg is a real entity? hell i thought it was a conspiracy. Posted by: willow at June 06, 2010 10:02 PM

They're gettin' together at a kick-ass hotel in Spain this year. I'd go but I'm short several hundred billion and a few connections.

212

Old Schwabian saying...How was the Grand Canyon formed?  A Schwab lost a Mark there...

Germans have a lot of respect for money, both making it and saving it...The bailout of Greece will likey eat at the soul of the German electorate...This will probably finish Angie Merkel and may be the beginning of the end for the Euro...

213

Marv Albert

hell they are shooting morphine drips for the afternoon.

214 YESSSSSSSSS!!!!!!!

215 Scarlett Johansson. Someone who supported not only Kerry and Obama but Woody Allen has probably drank so much of the Kool-Aid that she's beyond help...not that it wouldn't be worth many valiant attempts...

Posted by: Dave J. at June 06, 2010 09:58 PM (DCQ0q)

"& don't forget standing up for Polanski. The upside is, you know exactly how to get into her pants on the first date."

Posted by: The Dread Pirate Neck Beard at June 06, 2010 10:00 PM (wOtDN)

Funny, I'm sure that's just what Polanski said, too.  Given his tastes, he probably would've preferred Anne Hathaway, who a brief bit of online "research" reveals to be as much or even more of a libtard than Scarlett.  *sigh*

216 Posted by: Blazer at June 06, 2010 09:11 PM (t72+4)

sadly despite being armed with facts and asking them for facts I have learned when you are at a party where they outnumber you just to back down.  Seriously though, these people normally are intelligent and successful in their fields, don't know how they cold still be so pro BO and believe all the climate and oil stuff, without even wanting proof.  I almost feel as though they know some secret that they aren't sharing that makes them behave like this.

217 Monty, flip a coin -- borrower, you lose - life sucks.  Make it simple, make it clear, do it fast - on a holiday.

218

Shirley Manson

Cute in a terrifying sort of way. Bet she's a freak.

219

curious, i've had same experiience month after month with dems leftys,

They are ill, they believed this idea and the messiah that brought the fruition of their hopes  came,  they will not facetheir IDEAS  are a disaster. i don't know if they ever will.

we see things sporaticlly from the left, a soft slap at the administration, because their ideas won't work but they won't admit it is their IDEAs just the way they are being implemented,

but rarely blame  Obama that IS supposed to BE the Leader.

crazy, ill jerks. probably would wreck them to realize their ideas are nothing but same misery perpetuated on humanity for a hundred years. implementing isn't the problem the idea itself is.

220

Seriously though, these people normally are intelligent and successful in their fields, don't know how they cold still be so pro BO and believe all the climate and oil stuff, without even wanting proof. 

Some form of Battered  wife syndrome, or enablers of drug addicts perhaps?

221

It's displacement.

They cannot admit to a crack in the world view, or the whole thing falls to pieces. Bit by bit, some may come to see parts of reality, but there is essentially no hope for most.

And consider the East Germans who lived for years with the threat of the Stasi, etc, who still yearn for the paternalistic dictatorship of the East German Vaterland.

Or consider the always insane James Carville, who has started to complain about Obama and the status of the Gulf. Carville, this is who you really wanted to be president, isn't it.  Forty years of Democrat majority, isn't that what you wanted. Four more years of Obama in 2012?

 

Face it, we are locked in a room with millions of our fellow citizens that suffer from mild to advanced sociopathic displacement.

222 I suspect the DM will be the most valuable currency in the world pound for pund within a year of resumption

223 When push comes to shove, Germany will think of Germany. 

That's pretty much how it should be.

Someone ought to leak to the press that they're printing up a bunch of new Deutschmark notes, see what happens.

224

97   5,000 Show up in NYC for Anti-Mosque Demonstration.

 

Go to cnn and vote no on the NYC mosque question.  When I was there YES was winning 52% to 48%

Truly only the worst sorts of morons read cnn on a regular basis. 

225

178 Rachel Corrie is the perfect example of how liberals live in a fantasy world, and that is why I feel sorry for her.  They think its all a game.  They don't realize that if you go into Gaza to support an anti-Israeli movement or try to break a blockade or go hiking in north korea or iran, you are probably getting arrested or killed.

 

Howard Dean, yes former VT gov. Howard Dean, had a brother who went on a vacation of sorts in Viet Nam.  During the war.  He and his friend disappeared and have never been found.  He &  his friend were not in the military, they were Jane Fondas without the fame. 

Leftists do not understand that the world is a dangerous place, full of dangerous people who might find it fun to kill you if you cross their path.  Leftists think the most dangerous thing in the world is to sit next to a republican at a dinner party.  Leftists lead sheltered lives and it never occurs to them to think for themselves.

226 But who can bail out the Federal Government?

Um... isn't there something called monetizing the debt? Won't they just print themselves some more of those glorious American dollars and figure that will solve the problem?

/buying more ammo and food

227

#230 we see things sporadically from the left, a soft slap at the administration, because their ideas won't work but they won't admit it is their ideas just the way they are being implemented,

Posted by: willow_barak Obama as Monty Hall at June 06, 2010 10:23 PM (HyUIR)


True Believers in socialism will tell you that implementation is the problem - no true system has been tied, that those in the past who claimed to be socialist are not.

Concurrently, advocates of social programs, social justice, progressives, will tell you that their goal is not socialism as defined by those who have tried it before.

Hmmm.

No clear difference in intent there, but at least the overt socialists are honest.

228 can anyone give more info about the Euro?? or a website to put me some more info??

229 "Posted by: Reader CJ Burch says... at June 06, 2010 10:36 PM (sJTmU)" Heh.

230

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