THE USUAL SUSPECT NEWS: The Road to Hell.

[JAMESBJOHNSON]

http://www.breitbart.com/article.php?id=D96DLTT00&show_article=1

AH has long needed a thread to debunk the Usual Suspect mythology. The road to Hell is paved with Usual Suspect good intentions.


But "if people rush out there without really knowing what they're doing ... that really backfires and can bring this whole field to a halt." THIS SHOULD BE THE USUAL SUSPECT MOTTO.

 

[JAMESBJOHNSON]

Bailout Redux

http://www.bloomberg.com/apps/news?pid=20601087&sid=amnEE0Aw9nUA&refer=home

Recall that GM needed several BILLION in January to remain afloat. So the Usual Suspects looted Social Security to save jobs, etc. GM used the money to close 2 Michigan plants and build a new plant in Brazil.

Now GM wants another 16 BILLION so it can make fewer cars and fire 47,000 more people.

Jesse James and Captain Kidd were amateurs compared to these bandits & pirates.

 

[xssve]

http://www.breitbart.com/article.php?id=D96DLTT00&show_article=1

AH has long needed a thread to debunk the Usual Suspect mythology. The road to Hell is paved with Usual Suspect good intentions.


But "if people rush out there without really knowing what they're doing ... that really backfires and can bring this whole field to a halt." THIS SHOULD BE THE USUAL SUSPECT MOTTO.

His prognosis was fatal to begin with.

 

[lesbiaphrodite]

Long is the way and hard that out of hell leads up to light. --Milton

 

[xssve]

http://www.bloomberg.com/apps/news?pid=20601087&sid=amnEE0Aw9nUA&refer=home

Recall that GM needed several BILLION in January to remain afloat. So the Usual Suspects looted Social Security to save jobs, etc. GM used the money to close 2 Michigan plants and build a new plant in Brazil.

Now GM wants another 16 BILLION so it can make fewer cars and fire 47,000 more people.

Jesse James and Captain Kidd were amateurs compared to these bandits & pirates.

The president said the “psychology” of the oil markets must be considered in carrying out an effective energy policy.

“It seems like it makes sense to me to say to the world at we’re going to use, you know, new technologies to explore for oil and gas in the United States … to send a clear message that the supplies of oil will increase,” he said.

Bush won't demand conservation

New technologies paid for by taxpayers to encourage continued demands for gas guzzling SUV's, increasing consumption demand, leading to higher prices.

I bet you don't seen any connection here at all do you?

 

[JAMESBJOHNSON]

http://www.ft.com/cms/s/0/e310cbf6-fd4e-11dd-a103-000077b07658.html

GREENSPAN ABANDONS THE CHURCH OF RAND TO JOIN THE USUAL SUSPECTS AS AN ACOLYTE.

 

[xssve]

The fact is, nobody can stomach the alternative, they remember what happened last time.

I really don't have a dog in this fight, I'd have just regulated the mortgage brokerage industry better and avoided the whole mess to begin with.

Course you'd call that socialism too.

 

[xssve]

Then again, Greenspan is most beloved for his soft peddling on moral hazard issues, re: the S&L bailouts, of which the current liquidity crisis might be considered that hazard realized - he was roundly abused by investors when he raised interest rates in the Nineties and popped the tech bubble after everybody laughed at his "irrational exuberance" warnings.

His biggest mistake in my opinion was simply not allowing the inflation rate to rise at that point, which would have accomplished much the same thing in terms of a market shakeout, without throwing everybody out of work and probably even eased the housing crunch.

That means banks would have taken the hit for consumers on the back end however, and since that's who he represents, it's understandable that he did what he did - although in the end, the decline in equity is probably about the same - just a much bigger mess, and more entrenched interests dukeing it out over whatever's left.

 

[xssve]

And speaking of the highway to hell, the Bush administration threw fuel on the fire by nullifying state financial regulation of the mortgage industry, which if I'm not mistaken, Greenspan is on record as characterizing as a very bad move.

So, yeah, I suppose he'd rather be a socialist than a homeless person, considering that when Greenspan talked, nobody listened if it wasn't what they wanted to hear - and that's all coming from the right side of the fence - suddenly the grass is Greener on the other side, go figure.

 

[xssve]

If the road to hell is paved with good intentions, the "Bull markets forever" crowd is the road crew.

The real situation in unregulated markets is not unlimited upside and limited downside as wingnuts would like us all to think, but very much the opposite: limited upside, unlimited downside.

This is the thing you should be commiting to memory, and repeating ad nauseum.

 

[xssve]

And speaking of the highway to hell, the Bush administration threw fuel on the fire by nullifying state financial regulation of the mortgage industry, which if I'm not mistaken, Greenspan is on record as characterizing as a very bad move.

This too should come as no shock: Bush campaigned on states rights, but didn't hesitate to go venue shopping in out of state Federal courts in his efforts to steal the 2000 election - that should have told you something.

 

[JAMESBJOHNSON]

In Obamanation Up Can Be Down...and Backwards Can Be Ahead.

http://finance.yahoo.com/news/Wholesale-inflation-takes-apf-14410311.html

OBAMA, TELL ME ONE MORE TIME HOW IT IS THAT PRICES ARE GOING UP WHEN PRICES ARE GOING DOWN?

 

[xssve]

Tell me one more time what Obama has to do with the price of tea in China?

 

[Guest]

James, should you ever be so unfortunate as to encounter something you like, I hope your heart can stand the strain.

 

[amicus]

He likes my posts now and then....now...did he keel over?

Hi, JBJ!


ami

 

[JAMESBJOHNSON]

http://www.newsday.com/news/nationworld/wire/sns-ap-lahood-vehicle-mileage-tax,0,6754105,print.story

OBAMA SAYS THEM GREEN CARS ARE FUCKING WITH HIS MONEY.

 

[JAMESBJOHNSON]

GNOME

I'm Scottish, what can I say?

When the Usual Suspects piss in the punchbowl or shit where they sleep, it bothers me.

AMI cobbles together coherent, practical, and interesting posts...and the rest fart thru their mouths. I think I have good taste.

 

[xssve]

I guess you can get used to anything, a steady diet of bullshit and you think it's caviar.

I call it operant conditioning: sit back and monitor your heartrate when you hear the word "liberal". Are you salivating yet? Ding, ding.

 

[JAMESBJOHNSON]

I sleep like a baby and have the blood pressure of Hannibal Lecter. When I see a liberal, I simply bite his face off.

 

[DeeZire]

GNOME

I'm Scottish, what can I say?

When the Usual Suspects piss in the punchbowl or shit where they sleep, it bothers me.

AMI cobbles together coherent, practical, and interesting posts...and the rest fart thru their mouths. I think I have good taste.

You don't see a correlation between "shits where they sleep" and the financial industry? Or "fart through their mouths" and the celebration of ignorance that passes for dialogue on conservative talk radio?

Take your blinders off, JBJ. There's a great big world out there you can't even see.

 

[xssve]

You might as well be trying to reason with a trained attack dog, find a stick.

 

[JAMESBJOHNSON]

http://www.bloomberg.com/apps/news?pid=20601110&sid=aIe9swvOqwIY

DEE ZIRE Speaking of blinders! Check this out.

 

[DeeZire]

http://www.bloomberg.com/apps/news?pid=20601110&sid=aIe9swvOqwIY

DEE ZIRE Speaking of blinders! Check this out.

I did. This quote from the article makes it clear that we're talking about your blinders, not mine.

The recent error doesn’t change findings that Arctic ice is retreating, the NSIDC said.

 

[amicus]

“There is a balance between being as accurate as possible at any given moment and being as consistent as possible through long time-periods,” NSIDC said. “Our main scientific focus is on the long-term changes in Arctic sea ice.”

~~~

Ah, yes, we must be consistent, Comrade, in our predictions of global doom because of cow farts.

Gimme a fuckin' break!

Ami....(I loved that Hannibal, 'eat their face' quip, JBJ, got a big smile outta me!)

 

[JAMESBJOHNSON]

http://www.washingtontimes.com/news/2009/feb/23/congress-will-investigate-postmasters-pay/

ONLY IN AMERICA.