If I can get God to pay off my debts and make sure I have a good job, then I will stop worrying so much about the economy and start worrying about Judgement Day.
Are you worried about the economy?
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If I can get God to pay off my debts and make sure I have a good job, then I will stop worrying so much about the economy and start worrying about Judgement Day.
just a touch of dr strangelove: barton biggs
http://bloomberg.com/apps/news?pid=...news?pid=20601088&sid=aImBVle3OMyo&refer=home
and that got me thinking. (tin-foil hat: on) here's an essay from someone who survived an economic downturn:
http://www.sott.net/articles/show/1...Uncertainty-Growing-Up-in-Russia-in-the-1990s
http://bloomberg.com/apps/news?pid=...news?pid=20601088&sid=aImBVle3OMyo&refer=home
and that got me thinking. (tin-foil hat: on) here's an essay from someone who survived an economic downturn:
http://www.sott.net/articles/show/1...Uncertainty-Growing-Up-in-Russia-in-the-1990s
US banks borrow $50bn via new Fed facility
"US banks have been quietly borrowing massive amounts of money from the Federal Reserve in recent weeks by using a new measure the Fed introduced two months ago to help ease the credit crunch."
http://www.ft.com/cms/s/0/66db756a-de5d-11dc-9de3-0000779fd2ac.html?nclick_check=1
"US banks have been quietly borrowing massive amounts of money from the Federal Reserve in recent weeks by using a new measure the Fed introduced two months ago to help ease the credit crunch."
http://www.ft.com/cms/s/0/66db756a-de5d-11dc-9de3-0000779fd2ac.html?nclick_check=1
i worry because i worry. that's my schtick.
and now, nouriel roubini with a twelve-step program for financial meltdown:
http://news.yahoo.com/s/ft/20080219/bs_ft/fto021920081334359078;_ylt=AozoX8V3CwKFRV6c_RfR1f0E1vAI
and now, nouriel roubini with a twelve-step program for financial meltdown:
http://news.yahoo.com/s/ft/20080219/bs_ft/fto021920081334359078;_ylt=AozoX8V3CwKFRV6c_RfR1f0E1vAI
And the year after that! And the year after that! And the year after that! And the year after that! And the year after that! And the year after that! :eek:
Well ...
Considering my tax return is almost $20,000, what the hell do I need a rebate for? Seriously!
Why are couples making up to $150-175,000 getting any check for? Are we really going to spend it? Seriously!
They should only be providing it to those people who will honestly spend it. And that's singles making well less than $50,000 or couples making well less than $100,000.
Considering my tax return is almost $20,000, what the hell do I need a rebate for? Seriously!
Why are couples making up to $150-175,000 getting any check for? Are we really going to spend it? Seriously!
They should only be providing it to those people who will honestly spend it. And that's singles making well less than $50,000 or couples making well less than $100,000.
Okay, enough of the rhetoric ...
Seriously AFA, you have used blind, single-sided arguments over and over in many threads. I may be biased myself, but at least I do note other aspects, other viewpoints and other considerations. E.g., the real threat of NATO encroachment and spying in the case of missile defense (not the inteceptors themselves).
Secondly, define "squashed." Do you mean, just ignored data? Do you mean decided it was technically infeasible given existing technology? Do you mean they didn't want to put in the R&D costs. Or do you mean they literally "went out of their way" to inhibit other engineers outside of their company?
It's this type of political rhetoric that gets you ignored by the people who matter, engineers who can actually design this stuff. I am a huge proponent of the electric car. I want electric cars to force new, cleaner power plants as the capacity required would be great. It will boom a new industry and mindshare in electrical engineering abroad.
Ironically, the only country that hasn't been ignoring them are the Chinese, because they are battery manufacturers. Unfortunately, their designs are rather poor at this point, because they lack most of the engineering history. But that may change in the near future though. There is enough American and Japanese engineering interest to "go outside the traditional automotive companies" to make electric cars.
One of the more unique designs is one academic researcher in Japan that used eight (8) wheels with 80hp/12000rpm per wheel engines to achieve over 200mph and a 300+ mile range in a 4 passenger electric vehicle.
The cost of the Li-Ion batteries make it prohibitively expensive. But Chinese battery companies can drop those costs to 1/10th in economy. This same researcher has been working with the Chinese to possibly bring his designs to the mass market.
The sooner Li-Ion battery costs drop, the sooner we'll see electric cars. Unfortunately, charge time is still a major issue. How we get around that, I don't know. I.e., you will not be driving interstate in an electric vehicle with the feasible technology in the next decade.
Which is why hybrids will still be around for some time. Until the battery technology improves. Battery technology (to store charge, you can't just "charge instantly" like filing up your gas tank), along with the power infrastructure, is the limiting factor in electric vehicles.
Anyone with an ounce of electrical background knows that electric engines aren't the problem. In fact, the lack of a transmission and other things make electric cards easier to repair from a mechanical standpoint.
First off, and quite honestly, quit picking on GM and American companies alone. Both the Germans and Japanese auto makers have been ignoring electric cars.
Seriously AFA, you have used blind, single-sided arguments over and over in many threads. I may be biased myself, but at least I do note other aspects, other viewpoints and other considerations. E.g., the real threat of NATO encroachment and spying in the case of missile defense (not the inteceptors themselves).
Secondly, define "squashed." Do you mean, just ignored data? Do you mean decided it was technically infeasible given existing technology? Do you mean they didn't want to put in the R&D costs. Or do you mean they literally "went out of their way" to inhibit other engineers outside of their company?
It's this type of political rhetoric that gets you ignored by the people who matter, engineers who can actually design this stuff. I am a huge proponent of the electric car. I want electric cars to force new, cleaner power plants as the capacity required would be great. It will boom a new industry and mindshare in electrical engineering abroad.
Ironically, the only country that hasn't been ignoring them are the Chinese, because they are battery manufacturers. Unfortunately, their designs are rather poor at this point, because they lack most of the engineering history. But that may change in the near future though. There is enough American and Japanese engineering interest to "go outside the traditional automotive companies" to make electric cars.
One of the more unique designs is one academic researcher in Japan that used eight (8) wheels with 80hp/12000rpm per wheel engines to achieve over 200mph and a 300+ mile range in a 4 passenger electric vehicle.
The cost of the Li-Ion batteries make it prohibitively expensive. But Chinese battery companies can drop those costs to 1/10th in economy. This same researcher has been working with the Chinese to possibly bring his designs to the mass market.
The sooner Li-Ion battery costs drop, the sooner we'll see electric cars. Unfortunately, charge time is still a major issue. How we get around that, I don't know. I.e., you will not be driving interstate in an electric vehicle with the feasible technology in the next decade.
Which is why hybrids will still be around for some time. Until the battery technology improves. Battery technology (to store charge, you can't just "charge instantly" like filing up your gas tank), along with the power infrastructure, is the limiting factor in electric vehicles.
Anyone with an ounce of electrical background knows that electric engines aren't the problem. In fact, the lack of a transmission and other things make electric cards easier to repair from a mechanical standpoint.
http://news.yahoo.com/s/ap/20080220/ap_on_bi_ge/fed_economy
Fed forecasts inflation, unemployment
"WASHINGTON - The Federal Reserve on Wednesday lowered its projection for economic growth this year, citing damage from the double blows of a housing slump and credit crunch. It said it also expects higher unemployment and inflation."
Sounds like the road ahead is going to be a bumpy one.
Fed forecasts inflation, unemployment
"WASHINGTON - The Federal Reserve on Wednesday lowered its projection for economic growth this year, citing damage from the double blows of a housing slump and credit crunch. It said it also expects higher unemployment and inflation."
Sounds like the road ahead is going to be a bumpy one.
Stagflation, it's back, and worse than ever with our federal debt.
The days of cheap credit are (and should be) over. Why the fed keeps cutting interest rates is beyond me. I don't see them cutting enough to stop a recession, and they have the strategy that they have to raise them at the end of the year. So what happens if the economy still isn't good at the end of the year?
Not looking good at all.
The only sure-fire economic boost for our economy that I know off would be for Bush, if he really cared, to announce "Mission Accomplished, Part Deux" and begin to remove all troops from Iraq. This would allow us to stop wasting billions. A positive economic effect would be the retreat of oil prices back down to $65/barrel as the "fear and war mongering" price runup would be taken out of the current price.
A loosening of oil prices would help Americans more directly and long-term then a couple hundred dollar rebate check.
Interest rate cuts are not working. Our economy is still losing jobs because we don't really want to deal with the housing meltdown and the credit meltdown.
Healthcare and "the green economy" are the paths to long-term job creation in this country but, again, this will not happen overnight....
A loosening of oil prices would help Americans more directly and long-term then a couple hundred dollar rebate check.
Interest rate cuts are not working. Our economy is still losing jobs because we don't really want to deal with the housing meltdown and the credit meltdown.
Healthcare and "the green economy" are the paths to long-term job creation in this country but, again, this will not happen overnight....
we who eat know it's been here all along, but here is the first time i have seen it confirmed in the mainstream media.
"The Labor Department said Tuesday that wholesale inflation jumped by 1 percent in January, more than double the increase that analysts had been expecting."
http://biz.yahoo.com/ap/080226/economy.html?.v=12
"The Labor Department said Tuesday that wholesale inflation jumped by 1 percent in January, more than double the increase that analysts had been expecting."
http://biz.yahoo.com/ap/080226/economy.html?.v=12
total disconnect, or sinister redirect?
http://ap.google.com/article/ALeqM5j057jBReERcsF-FcZRSWe0h1gaXQD8V3EM1O1
the sentence below this one is true.
the sentence above this one is false.
http://ap.google.com/article/ALeqM5j057jBReERcsF-FcZRSWe0h1gaXQD8V3EM1O1
the sentence below this one is true.
the sentence above this one is false.
Re: Okay, enough of the rhetoric ...
Sorry, dealing with other geniuses in other fields here. How stupid of us as a group!
Why is this even an argument or issue?
That is a quote of a 6 month old post of mine, and my point hasn't changed despite GM's recogition of their record $37B failure and your follow up post to that failure that ignored that and stated how well they were doing. Obviously not doing well on the date of those current news items or since.
My facts were based on current news items, not wanna be or old information. Squashed meant crushed, almost beyond recognition. Did you look at the picture of squashed GM EV1 cars, did my inability to speak in English confuse you?
As an intelligent engineer what are your views toward the future, can you offer scientific alternatives that are feasable in the near and far future. It has come into to my attention you tear into statements made by others from your superior insight, but yet, I can't find anyplace where you lead our simplistic lives into the future or even hope for something more.
I also remember mechanics I interviewed complaining about taking off wheels to change spark plugs in GM vehicles, an obvious consistent design defect that was not addressed and just added to maintenance costs.
Your ability to deny information and then go on to discuss information marginally or not involved in any rebuttal is noted. I can similarly say anything I want, discredit you, and then go on with a disertation of boring length that makes everything said after that rebuttal seem rational or in opposition to simple points which it is not. You've created a situation that if you in some way discredit the messenger, then all his messages are stupid or invalid. Nothing new, a consistent political and legal ploy, that stains credible facts with nonsense.
Sorry, dealing with other geniuses in other fields here. How stupid of us as a group!
Why is this even an argument or issue?
That is a quote of a 6 month old post of mine, and my point hasn't changed despite GM's recogition of their record $37B failure and your follow up post to that failure that ignored that and stated how well they were doing. Obviously not doing well on the date of those current news items or since.
My facts were based on current news items, not wanna be or old information. Squashed meant crushed, almost beyond recognition. Did you look at the picture of squashed GM EV1 cars, did my inability to speak in English confuse you?
As an intelligent engineer what are your views toward the future, can you offer scientific alternatives that are feasable in the near and far future. It has come into to my attention you tear into statements made by others from your superior insight, but yet, I can't find anyplace where you lead our simplistic lives into the future or even hope for something more.
I also remember mechanics I interviewed complaining about taking off wheels to change spark plugs in GM vehicles, an obvious consistent design defect that was not addressed and just added to maintenance costs.
Your ability to deny information and then go on to discuss information marginally or not involved in any rebuttal is noted. I can similarly say anything I want, discredit you, and then go on with a disertation of boring length that makes everything said after that rebuttal seem rational or in opposition to simple points which it is not. You've created a situation that if you in some way discredit the messenger, then all his messages are stupid or invalid. Nothing new, a consistent political and legal ploy, that stains credible facts with nonsense.
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I am not worried about the ecomony because Bush says I don't have to be.:thumbsup:
^^^Yeah...I heard that he gave a press conference today and has announced he doesn't believe we're headed to a Recession and his "stimulus package" will basically save the day. Nevermind that gas is about to pass the 70's inflated adjusted price of $103/barrel, nevermind that the housing crisis continues to grow worse, and that inflation is about to rip a hole in our country as the dollar continues to meltdown against foreign currencies. I suppose this economy doesn't look bad at all if you simply refuse to read a newspaper, look out a window, watch a tv program or travel to Anytown, USA....
He also, I guess, made some sort of poor joke about Manny Ramirez's grandmother when the Boston Red Sox visited him.
I think, given the twilight of his career, we are finally getting the real Dubya. Nobody is checking him anymore. He is free to speak his mind.
I'm sure he's about to say that Iraq will be the shining oasis in the Middle East by the time he literally walks out of the White House for the last time...
He also, I guess, made some sort of poor joke about Manny Ramirez's grandmother when the Boston Red Sox visited him.
I think, given the twilight of his career, we are finally getting the real Dubya. Nobody is checking him anymore. He is free to speak his mind.
I'm sure he's about to say that Iraq will be the shining oasis in the Middle East by the time he literally walks out of the White House for the last time...
The dollar to Euro value was the worst ever yesterday at $1:E1.51 Did I say this would happen? :dunno: How come I get it and the Bush administration and Bernanke seem to miss the point after repeatedly saying "we" don't seem to get it? Could it be they lie and are the biggest assholes that ever inhabited the White House who thought they could BS the biggest lie in history on their own people?
Dollar hits new low as Fed signals rate cut (a day late.)
"The dollar fell to a fresh record low against the euro on Wednesday as Ben Bernanke signalled that the Federal Reserve is likely to cut interest rates again next month."
http://www.ft.com/cms/s/0/85eeb76a-e546-11dc-9334-0000779fd2ac.html
why does the central bank need to be so vague? if there was any transparency, we would see how deep in the shitter we really are. then we could do something about it. deal with it realistically. with guns, maybe. instead we get these "signals". and if they've muffled it well enough, they just might make a killing for
one.
more.
quarter.
audit them now, i say.
for any newcomers:
david walker, head accountant of the u.s.
"The dollar fell to a fresh record low against the euro on Wednesday as Ben Bernanke signalled that the Federal Reserve is likely to cut interest rates again next month."
http://www.ft.com/cms/s/0/85eeb76a-e546-11dc-9334-0000779fd2ac.html
why does the central bank need to be so vague? if there was any transparency, we would see how deep in the shitter we really are. then we could do something about it. deal with it realistically. with guns, maybe. instead we get these "signals". and if they've muffled it well enough, they just might make a killing for
one.
more.
quarter.
audit them now, i say.
for any newcomers:
david walker, head accountant of the u.s.
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