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TOPIC: Would you support a "stick shift only" drivers license?
http://groups.google.com/group/misc.consumers.frugal-living/t/27172d12b4d81e7e?hl=en
==============================================================================
== 1 of 10 ==
Date: Tues, May 25 2010 2:26 am
From: bugbear
His Highness the TibetanMonkey, ComandanteBanana and Chief of Quixotic Enterprises wrote:
> In most parts of the world driving means "stick shift," not automatic,
> which even a monkey can do. The result is that obviously we got a
> bunch of monkeys driving, some of them wanting to be "king of the
> road" and driving SUVs... Of course, this "automatic pilot" driving
> facilitates all the other crazy stuff such as: TALKING ON THE PHONE,
> NO SIGNAL LIGHTS, ZIGZAGGING, which makes driving such a game of
> Russian Roulette...
>
> So is this IDIOCRACY reversible, or we just have to live with it?
Hmm. Perhaps a license obtained by a test in an automatic
shouldn't allow you to drive a stick shift (AKA manual).
;-)
BugBear
== 2 of 10 ==
Date: Tues, May 25 2010 5:44 am
From: Jeff Thies
Don Klipstein wrote:
> In article <4bfaecbe$0$27996$db0fefd9@news.zen.co.uk>, Jim A wrote:
>
> <SNIP Tibetian Monkey's material already said to edit for space>
>
>> Very few cars here in the UK aren't stick-shift. We nevertheless have
>> our fair share of drivers using mobile 'phones, putting their lippy on,
>> picking their nose etc, though.
>>
>> I imagine all that will happen is you Yanks will realise that driving a
>> manual transmission car isn't all that difficult once you get used to it
>> then it will be back to business as usual.
>>
>> I wonder when more cyclists start using hub gears and single-speeds,
>> will more of us start using mobile 'phones while cycling?
>
> Most of Philadelphia's bicycle messengers already ride single speed
> bikes, mostly fixed gear track bikes, and have been doing so for a few to
> several years already.
I hope it's mostly flat!
Jeff
>
== 3 of 10 ==
Date: Tues, May 25 2010 6:32 am
From: dgk
On Mon, 24 May 2010 22:16:45 +0100, Jim A <ja@averyjim.myzen.co.uk>
wrote:
>On 05/24/2010 10:08 PM, His Highness the TibetanMonkey, ComandanteBanana
>and Chief of Quixotic Enterprises wrote:
>> In most parts of the world driving means "stick shift," not automatic,
>> which even a monkey can do. The result is that obviously we got a
>> bunch of monkeys driving, some of them wanting to be "king of the
>> road" and driving SUVs... Of course, this "automatic pilot" driving
>> facilitates all the other crazy stuff such as: TALKING ON THE PHONE,
>> NO SIGNAL LIGHTS, ZIGZAGGING, which makes driving such a game of
>> Russian Roulette...
>>
>> So is this IDIOCRACY reversible, or we just have to live with it?
>>
>>
>> -----------------------------------------------------
>>
>> THE WISE TIBETAN MONKEY SAYS
>>
>> "Make driving hard and cycling easy. A monkey on a bike is not that
>> dangerous"
>>
>> http://webspawner.com/users/BANANAREVOLUTION
>
>Very few cars here in the UK aren't stick-shift. We nevertheless have
>our fair share of drivers using mobile 'phones, putting their lippy on,
>picking their nose etc, though.
>
>I imagine all that will happen is you Yanks will realise that driving a
>manual transmission car isn't all that difficult once you get used to it
>then it will be back to business as usual.
>
>I wonder when more cyclists start using hub gears and single-speeds,
>will more of us start using mobile 'phones while cycling?
More than are already using mobile phones while cycling? I saw at
least five people biking while using phones while riding into work
this morning. I'll try to note what kind of gears they have next time.
All of my cars, until my current 91 Accord, were manual cars. Around
15 years ago I was spending a weekend with around 60 other folks at a
convention about two hours away from home. I broke an ankle on a
mountain bike, on a mountain, and of course couldn't drive my manual
shift. Only one person, and a girl at that, knew how to drive that car
home. When I needed a new used car I bought an automatic.
== 4 of 10 ==
Date: Tues, May 25 2010 6:55 am
From: Derek C
On May 24, 11:19 pm, d...@manx.misty.com (Don Klipstein) wrote:
> In article <4bfaecbe$0$27996$db0fe...@news.zen.co.uk>, Jim A wrote:
>
> <SNIP Tibetian Monkey's material already said to edit for space>
>
> >Very few cars here in the UK aren't stick-shift. We nevertheless have
> >our fair share of drivers using mobile 'phones, putting their lippy on,
> >picking their nose etc, though.
>
> >I imagine all that will happen is you Yanks will realise that driving a
> >manual transmission car isn't all that difficult once you get used to it
> >then it will be back to business as usual.
>
> >I wonder when more cyclists start using hub gears and single-speeds,
> >will more of us start using mobile 'phones while cycling?
>
> Most of Philadelphia's bicycle messengers already ride single speed
> bikes, mostly fixed gear track bikes, and have been doing so for a few to
> several years already.
>
> --
How do they get up hills? Or don't you have any in Philadephia?
Derek C
== 5 of 10 ==
Date: Tues, May 25 2010 7:29 am
From: "His Highness the TibetanMonkey, ComandanteBanana and Chief of Quixotic
Enterprises"
On May 25, 5:26 am, bugbear <bugbear@trim_papermule.co.uk_trim> wrote:
> His Highness the TibetanMonkey, ComandanteBanana and Chief of Quixotic Enterprises wrote:
>
> > In most parts of the world driving means "stick shift," not automatic,
> > which even a monkey can do. The result is that obviously we got a
> > bunch of monkeys driving, some of them wanting to be "king of the
> > road" and driving SUVs... Of course, this "automatic pilot" driving
> > facilitates all the other crazy stuff such as: TALKING ON THE PHONE,
> > NO SIGNAL LIGHTS, ZIGZAGGING, which makes driving such a game of
> > Russian Roulette...
>
> > So is this IDIOCRACY reversible, or we just have to live with it?
>
> Hmm. Perhaps a license obtained by a test in an automatic
> shouldn't allow you to drive a stick shift (AKA manual).
>
> ;-)
>
> BugBear
OK, I'd like to hear from the CIVILIZED WORLD, places where there's no
mass production of drivers for profit.
== 6 of 10 ==
Date: Tues, May 25 2010 11:27 am
From: VFW
In article <4bfaecbe$0$27996$db0fefd9@news.zen.co.uk>,
Jim A <ja@averyjim.myzen.co.uk> wrote:
> picking their nose etc, though.
If a police officers pulls up next to you at a light, picking your nose
is probably the best way to look innocent. but we know you're doing
something bad , just about all of the time.
yes, you.
--
Money! What a concept.
== 7 of 10 ==
Date: Tues, May 25 2010 12:12 pm
From: "Geoff Pearson"
"bugbear" <bugbear@trim_papermule.co.uk_trim> wrote in message
news:Puedne5obuV9CmbWnZ2dnUVZ8hWdnZ2d@brightview.co.uk...
> His Highness the TibetanMonkey, ComandanteBanana and Chief of Quixotic
> Enterprises wrote:
>> In most parts of the world driving means "stick shift," not automatic,
>> which even a monkey can do. The result is that obviously we got a
>> bunch of monkeys driving, some of them wanting to be "king of the
>> road" and driving SUVs... Of course, this "automatic pilot" driving
>> facilitates all the other crazy stuff such as: TALKING ON THE PHONE,
>> NO SIGNAL LIGHTS, ZIGZAGGING, which makes driving such a game of
>> Russian Roulette...
>>
>> So is this IDIOCRACY reversible, or we just have to live with it?
>
> Hmm. Perhaps a license obtained by a test in an automatic
> shouldn't allow you to drive a stick shift (AKA manual).
>
> ;-)
>
> BugBear
In the UK you can get an automatic only license - but you can't drive a car
with a gear lever and clutch. But anyone who can drive a manual car can
drive an automatic.
== 8 of 10 ==
Date: Tues, May 25 2010 12:19 pm
From: Cindy Hamilton
On May 24, 5:08 pm, "His Highness the TibetanMonkey, ComandanteBanana
and Chief of Quixotic Enterprises" <comandante.ban...@yahoo.com>
wrote:
> In most parts of the world driving means "stick shift," not automatic,
> which even a monkey can do. The result is that obviously we got a
> bunch of monkeys driving, some of them wanting to be "king of the
> road" and driving SUVs... Of course, this "automatic pilot" driving
> facilitates all the other crazy stuff such as: TALKING ON THE PHONE,
> NO SIGNAL LIGHTS, ZIGZAGGING, which makes driving such a game of
> Russian Roulette...
>
> So is this IDIOCRACY reversible, or we just have to live with it?
My husband has an SUV with a stick shift. I have stick shift.
We generally don't talk on the phone and drive, but on occasion
we do.
Again you demonstrate you don't know your ass from a hole in
the ground.
== 9 of 10 ==
Date: Tues, May 25 2010 8:59 pm
From: "His Highness the TibetanMonkey, ComandanteBanana and Chief of Quixotic
Enterprises"
On May 25, 3:19 pm, Cindy Hamilton <angelicapagane...@yahoo.com>
wrote:
> On May 24, 5:08 pm, "His Highness the TibetanMonkey, ComandanteBanana
> and Chief of Quixotic Enterprises" <comandante.ban...@yahoo.com>
> wrote:
>
> > In most parts of the world driving means "stick shift," not automatic,
> > which even a monkey can do. The result is that obviously we got a
> > bunch of monkeys driving, some of them wanting to be "king of the
> > road" and driving SUVs... Of course, this "automatic pilot" driving
> > facilitates all the other crazy stuff such as: TALKING ON THE PHONE,
> > NO SIGNAL LIGHTS, ZIGZAGGING, which makes driving such a game of
> > Russian Roulette...
>
> > So is this IDIOCRACY reversible, or we just have to live with it?
>
> My husband has an SUV with a stick shift. I have stick shift.
> We generally don't talk on the phone and drive, but on occasion
> we do.
>
> Again you demonstrate you don't know your ass from a hole in
> the ground.
Rara avis indeed. Few SUV drivers care about driving and are more
often than not seen phone in hand and zigzagging around other cars in
a form of Russian Roulette.
== 10 of 10 ==
Date: Tues, May 25 2010 8:59 pm
From: "His Highness the TibetanMonkey, ComandanteBanana and Chief of Quixotic
Enterprises"
On May 25, 6:22 pm, John David Galt
> Any idiot can drive a slushbox; there's more to know with a stick-shift.
> So if you want a restricted license it should be "no stick shifts", not
> stick-shift-only.
I mean, we should retire 50% of the drivers who either can't drive
right, or just give a shit about driving. No wonder America ranks so
low in safety among civilized nations...
In Depth: 10 Dangerous Countries For Drivers
The worst performers are post-Soviet states in Eastern Europe where
the political infrastructure is disorganized and weak. In Russia, the
most dangerous country for drivers on our list (with 939 deaths per
million cars), the government does a lousy job enforcing speed limits
and laws against drunk driving across its expansive terrain.
One of the list's surprises: the U.S., which ranks eighth most
dangerous, with 163 deaths per million cars in 2007.
http://www.forbes.com/2009/05/19/dangerous-countries-roads-lifestyle-travel-dangerous-roads.html
==============================================================================
TOPIC: A point or two about bike facilities
http://groups.google.com/group/misc.consumers.frugal-living/t/76407d20ed069b3d?hl=en
==============================================================================
== 1 of 3 ==
Date: Tues, May 25 2010 4:17 am
From: JNugent
Bob F wrote:
> Opus wrote:
>> On May 23, 11:21 am, "His Highness the TibetanMonkey, ComandanteBanana
>> and Chief of Quixotic Enterprises" <comandante.ban...@yahoo.com>
>> wrote:
>>> 1- I just got this Miami Beach magazine and it states that 3 feet
>>> clearance is the law...
>>>
>>> STUPID, STUPID, STUPID. How would you enforce that? How can the
>>> driver be sure about distances like that? A little mistake on the
>>> part of the driver or yourself and you are dead meat.
>>>
>>> Needless to say, most drivers will simply ignore such absurd law and
>>> squeeze the cyclist.
>>>
>>> REAL SOLUTION: Make the cars CLEAR THE LANE 30' before and after.
>>>
>> This law was enacted to give prosecutors a tool that they can use to
>> prosecute people that hit cyclists from behind. If you hit a cyclist
>> from behind you have obviously not passed with 3 feet of clearance and
>> were in fact 3 feet or more too close (I say "more" because if you hit
>> a cyclist with the front of the car that is obviously closer than the
>> side mirrors which stick out and are where the passing clearance is
>> measured from).
> My brother told me he saw in Finland that bicycles commonly would have a metal
> scribe sticking out to the side of the bike, intended to scratch the paint of
> anyone passing too close.
There can be little doubt that damage caused by such an offensive and
dangerous device could and probably would be classed as criminal damage in
the UK. After all, it needn't be the other vehicle which is even moving -
just think of cyclists sneaking down the nearside of vehicles queuing at
junctions.
And then there's the question of injury caused to people or animals.
I know several Finnish people. I can't easily believe that Finland is such an
uncivilised country as to tolerate such egregious behaviour.
== 2 of 3 ==
Date: Tues, May 25 2010 7:10 am
From: Opus
On May 24, 12:31 pm, "His Highness the TibetanMonkey, ComandanteBanana
and Chief of Quixotic Enterprises" <nolionnoprob...@yahoo.com> wrote:
> On May 24, 10:40 am, Opus <opusthep...@gmail.com> wrote:
> > You can't build a connected cycling system all at once. Early
> > additions to the system won't be connected for the simple reason that
> > there is nothing to connect to yet. I know this is frustrating, but
> > think of it like they did during the early days of the Eisenhower
> > Interstate system. Use what you have and dream about when it's all
> > connected.
>
> Well, if you can't build it all at once, don't make bike lanes left
> and right, most with no connectivity to any future national lane. Make
> a Master Plan and proceed with it because what you are doing is
> DUMPING your money on "missing links" without ever having the budget
> for the real thing.
>
> But there's a great danger on top of it all: Wherever drivers see no
> lane, they assume you shouldn't be on the road, and that's an
> invitation for trouble like it happened to me. But that's another
> story.
>
> How simple would it be to give the lane to the cyclist since anyway a
> car and a bike can't possible fit on the same lane. In the meantime:
> WELCOME TO THE JUNGLE.
>
> One thing, we must first TAME TRAFFIC before we feel welcome on the
> road.
If you can't build it all at once you shouldn't build it at all? Do
you know what that sounds like?You know that the Interstate system
started from cities and pushed together out in the countryside, much
like the first transcontinental railroad joined east and west in
Promintory UT which is still not even a wide spot in the road. The big
difference was there were alternative highways already in existence,
just like there are streets that exist even without bike lanes that
can still be ridden by people on bicycles. As streets are rebuilt and
repaved bike lanes will get installed because that's when the process
is least expensive. This will appear to be "Willy Nilly", but is
actually the best way to do it. On your taming traffic rant, laws like
the 3 foot passing law will help, an educated police force will help,
and people losing their cars or trucks for hitting a cyclist will
definitely help.
== 3 of 3 ==
Date: Tues, May 25 2010 7:06 pm
From: Derek C
On May 23, 5:21 pm, "His Highness the TibetanMonkey, ComandanteBanana
and Chief of Quixotic Enterprises" <comandante.ban...@yahoo.com>
wrote:
> 1- I just got this Miami Beach magazine and it states that 3 feet
> clearance is the law...
>
> STUPID, STUPID, STUPID. How would you enforce that? How can the driver
> be sure about distances like that? A little mistake on the part of the
> driver or yourself and you are dead meat.
>
> Needless to say, most drivers will simply ignore such absurd law and
> squeeze the cyclist.
>
> REAL SOLUTION: Make the cars CLEAR THE LANE 30' before and after.
>
> 2- I also got this flier from the Florida DOT for modifications to
> Harding Ave "from Indian Creek Dr to 75th St," with inclusions of bike
> lanes...
>
> C'mon, we already have many bike lanes which are NOT CONNECTED. They
> do a little stretch here and there, but never one long bike lane that
> goes from South Beach to Haulover Beach and possibly Hollywood Beach.
>
> How much money wasted, how much teasing, before we finally get
> something that works. Perhaps they should hire Dutch experts. That's
> what a Wise Tibetan Monkey would do.
>
> -------------------------------------------------------------------------
>
> THE WISE TIBETAN MONKEY SAYS
>
> "Giving false hopes is part of the teasing game in the jungle"
>
> http://webspawner.com/users/BIKEFORPEACE
I remember that my home city of Birmingham (England, not Alabama) had
some quite good separated cycle lanes running alongside many main
roads when I was a young chap, but unfortunately they never seemed to
be swept or maintained, so ended up covered in broken glass and with
the tarmac or concrete surfaces all cracked and broken. They became
pretty much unusable, unless you could put up with continual punctures
and buckled wheels, so cyclists were more or less forced back onto the
normal roads. Then the local council decided that because cyclists
weren't using them, they could be lost when road widening schemes took
place. Building cycle lanes is no good unless they are subsequently
maintained.
Derek C
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TOPIC: avoiding paying sewage fees when watering the garden
http://groups.google.com/group/misc.consumers.frugal-living/t/1c2dbed99bad4a6f?hl=en
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== 1 of 4 ==
Date: Tues, May 25 2010 7:42 am
From: Ohioguy
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trees, etc., none of this water ends up needing sewage treatment.
I noticed that I have 2 downspouts at the south end of the house,
where I recently planted a hedge of 6 blueberry plants. I'd like to
figure out a way so that I can use the downspout rainwater to water
these plants, so I don't have to do it often.
I'm not sure that I have enough room to put in a rain barrel, but I
seem to remember seeing, years ago, some sort of flexible plastic thing
you could attach to a downspout. It filled up with water, and expanded
as it filled up. Then it slowly released the water over a day or two.
I can't seem to remember what it was called, but I think something
like that might work really well here. Anyone have any ideas?
== 2 of 4 ==
Date: Tues, May 25 2010 12:32 pm
From: Bret_Halford
On May 25, 8:42 am, Ohioguy <n...@none.net> wrote:
> I've looked at my recent water bills, and noticed that we pay about
> 2x as much for the sewage treatment as we pay for the water itself.
> Sort of funny, considering that whenever I water the garden, fruit
> trees, etc., none of this water ends up needing sewage treatment.
>
> I noticed that I have 2 downspouts at the south end of the house,
> where I recently planted a hedge of 6 blueberry plants. I'd like to
> figure out a way so that I can use the downspout rainwater to water
> these plants, so I don't have to do it often.
>
> I'm not sure that I have enough room to put in a rain barrel, but I
> seem to remember seeing, years ago, some sort of flexible plastic thing
> you could attach to a downspout. It filled up with water, and expanded
> as it filled up. Then it slowly released the water over a day or two.
>
> I can't seem to remember what it was called, but I think something
> like that might work really well here. Anyone have any ideas?
http://www.improvementscatalog.com/home/improvements/34448-downspout-drain.html
== 3 of 4 ==
Date: Tues, May 25 2010 12:45 pm
From: ranck@vt.edu
Ohioguy <none@none.net> wrote:
> I've looked at my recent water bills, and noticed that we pay about
> 2x as much for the sewage treatment as we pay for the water itself.
> Sort of funny, considering that whenever I water the garden, fruit
> trees, etc., none of this water ends up needing sewage treatment.
Check with your town/county water authority. They may have an outside
watering meter that you can use. In my town if you use water outside
that does not go into the sewage system they give/sell you a meter for
your outside faucet and once or twice a year they read that meter and
deduct the excess sewage charges. Right now I've been getting "free"
water for the past couple months because they hadn't read mine for a
couple of years and we use a lot of outside water.
Bill Ranck
Blacksburg, Va.
== 4 of 4 ==
Date: Tues, May 25 2010 1:06 pm
From: "Bob F"
ranck@vt.edu wrote:
> Ohioguy <none@none.net> wrote:
>> I've looked at my recent water bills, and noticed that we pay
>> about 2x as much for the sewage treatment as we pay for the water
>> itself. Sort of funny, considering that whenever I water the garden,
>> fruit trees, etc., none of this water ends up needing sewage
>> treatment.
>
> Check with your town/county water authority. They may have an outside
> watering meter that you can use. In my town if you use water outside
> that does not go into the sewage system they give/sell you a meter for
> your outside faucet and once or twice a year they read that meter and
> deduct the excess sewage charges. Right now I've been getting "free"
> water for the past couple months because they hadn't read mine for a
> couple of years and we use a lot of outside water.
Where I live, the sewage fee is based on the water you use in the winter, and
doesn't go up during the summer when you water. The water goes way up in the
summer. Especially if you use much.
==============================================================================
TOPIC: tsk tsk, poor alexy/jane:Wall Street lost over 20% of Main Street's 401(
k)money between 2000 and 2010. Yes, Wall Street's a big loser the past decade:
Given their miserable track record, only a fool would bet with Wall Street
http://groups.google.com/group/misc.consumers.frugal-living/t/15c42cf8c6d2d992?hl=en
==============================================================================
== 1 of 1 ==
Date: Tues, May 25 2010 3:47 pm
From: brad herschel
On May 25, 12:01 pm, Nickname unavailable <Vide...@tcq.net> wrote:
> tsk tsk, poor alexy/jane:Wall Street lost over 20% of Main Street's
> 401(k)money between 2000 and 2010. Yes, Wall Street's a big loser the
> past decade:Given their miserable track record, only a fool would bet
> with Wall Street
>
> http://finance.yahoo.com/banking-budgeting/article/109632/warning-cra...
>
> Warning: Crash dead ahead. Sell. Get liquid. Now.
> by Paul Elliott, Motley Fool Hidden Gems
> Tuesday, May 25, 2010
> provided by
>
> Commentary: 'Game's in the refrigerator.' Power's turning off. Dow
> sinking below 6,470
> "This game's in the refrigerator! The door's closed, the lights are
> out, the eggs are cooling, the butter's getting hard and the Jell-O is
> jiggling ..."
> That was legendary Lakers' radio announcer Chick Hearn's signature way
> of calling a game early, telling fans the home team won ... you can
> head for the exits before the final buzzer. Chick wrote the book with
> popular sports phrases like "slam dunk," "air ball," "charity stripe,"
> and a "bunny hop in the pea patch" for a traveling violation.
> Chick's our inspiration today: Last March I wrote "6 reasons I'm
> calling a bottom and a new bull." Today it's time for a new call.
> We've had a good year. Net gains over 50% in 2009. But now: "Game
> over, head for the exits." Bears beating bulls.
> No, no, "it's a buying opportunity," says another legend, hedge fund
> manager, Barton Biggs. Buying opportunity? For who? Remember, Biggs
> isn't advising Joe Lunchbox about what to do with his little 401(k).
> Biggs' customers are mega-millionaires in his $1.5 billion Traxis
> Partners Fund. Main Street investors like Joe are prey in his casino.
> Read on, you decide: As you stare from high up in the nose-bleed
> bleachers watching the game, staring at a Dow that not long ago was
> above 11,000 and heading for 12,000. Now the Dow's sitting on the
> bench, ready for the showers, weak after a couple air balls around
> 10,000. No more timeouts. "This game's in the refrigerator."
> How bad is your bookie's point spread in this game? A blowout? Will
> the Dow drop below 9,000 again? Now that it's broken technical
> supports, will it drop below 6,470, where the last bull rally started
> in early 2009? Can you handle the nerve-racking volatility generated
> by Wall Street's high-frequency traders playing the game at warp-speed
> with algorithms making thousands of micro-bets in milliseconds,
> betting billions daily?
> So who should you listen to? Barton and I arrived at Morgan Stanley
> about the same time. He stayed decades longer, became one of the
> world's leading strategists, advising the kind of high-rollers who
> also bet at private tables in a Vegas casino.
> You remember Biggs: In his book "Wealth, War & Wisdom" he advises his
> high rollers to prepare for a "breakdown of the civilized
> infrastructure." Buy a farm: "Your safe haven must be self-sufficient
> and capable of growing some kind of food ... It should be well-stocked
> with seed, fertilizer, canned food, wine, medicine, clothes, etc.
> Think Swiss Family Robinson." Biggs is not advising small investors on
> what to do with their 401(k)s.
> If you're gambling at Wall Street's casino, folks, the odds-makers are
> betting against Biggs. It's "game over."
> Main Street lost 20% last decade ... yet like sheep keep going back
> Yes, if you're channeling Chick, here's your "mixed metaphor" cue
> card: "This game's in the refrigerator ... Wall Street won (proof,
> Goldman's $100-million-profit trading days and Blankfein's $68 million
> bonus) ... Main Street's headed for another losing streak ...
> Congress' lights are out ... the refrigerator door's closing on
> financial reforms ... the lobbyists are laying some rotten eggs,
> poisoning capitalism ... the Tea Party-of-No-No ideologies are
> hardening ... the bull's Jell-O is jiggling to a flat line ... and
> this market's going into hibernation, with the bears ... run, don't
> walk, to the exits, folks."
> But will Main Street exit? Will we ever learn? No. The Wall Street
> casino makes mega-billions for insiders like Blankfein and the Goldman
> Conspiracy. Yet "The Casino" is still below the 2000 record of 11,722.
> So after accounting for inflation, Wall Street lost over 20% of Main
> Street's 401(k) retirement money between 2000 and 2010. Yes, Wall
> Street's a big loser the past decade. Their advice is self-serving.
> Period.
> Given their miserable track record, only a fool would bet with Wall
> Street. Betting odds are Wall Street will lose another 20% in the next
> decade from 2010-2020. Yes, today's market is a "buying opportunity,"
> but only for Wall Street casino insiders like Biggs, Blankfein and
> even low-level staffers inside "The Casino." But not for our 95
> million Main Street investors, there's more pain ahead, this market's
> dropping.
> Correction? New crash imminent, worse than 2008
> More proof: Earlier economist Gary Shilling said price-to-earnings
> ratios are at a "nosebleed 22.5 level." The Dow was around 11,000.
> Money manager Jeremy Grantham recently said the market's overvalued
> 40%. That could mean a collapse to 6,600. Last week in Reuters'
> "Markets Could Be Derailed Again," George Soros echoed a "game over"
> warning with a "stark warning ... that the financial world is on the
> wrong track and that we may be hurtling towards an even bigger boom
> and bust than in the credit crisis."
> Now Dow Theory's Richard Russell is warning the public of an imminent
> crash: "Sell ... get liquid ... by the end of this year they won't
> recognize the country."
>
> A bigger meltdown than the credit crisis? Yes, Bush's team drove
> America into a ditch. But now Obama and his money men, Summers,
> Geithner, Bernanke, are digging the hole deeper. Soros says we have
> not learned "the lessons that markets are inherently unstable." As a
> result, "the success in bailing out the system on the previous
> occasion led to a super-bubble." Now "we are facing a yet larger
> bubble." Worse than 2008?
> Yes, the game may be "in the refrigerator," the lights will go out,
> but as Soros hints, the electricity may get turned off too. Get it?
> This may not be a correction. Not even a bear. What's coming could be
> worse than the 2000 dot-com crash and the 2008 meltdown combined, a
> "Super-Bubble" says Soros. And the biggest reason, Nouriel Roubini and
> Stephen Mihm tell Newsweek, is that "the president's half-measures
> won't fix our failed financial system" because he refuses to "bust up
> the too-big-to-fail banks."
> Yes, Congress will pass something. But unfortunately, as reported on
> MSNBC, Senator Dodd, the reform bill's sponsor, is a turncoat, working
> overtime with Wall Street lobbyists "to weaken financial reform,"
> leave us vulnerable to a new, bigger crash in the near future. And
> Wall Street lobbyists are spending hundreds of millions to kill
> reform.
> 'White Swans:' 2000 and 2008 crashes were predictable, next one too
> Recently Roubini was interviewed by Charlie Rose in BusinessWeek. His
> message confirms the worst. Roubini was questioned about his new book,
> "Crisis Economics." Rose began by asking, "what have we learned from
> these crises of capitalism?" Roubini could easily have said, "nothing,
> we learned nothing." His actual reply:
> "The first lesson is that crises are not 'black swan' events ...
> they're not just random outcomes. They are the result of a buildup of
> financial and policy vulnerability and mistakes -- excessive risk-
> taking, leverage, debt, and so on." They are 'White Swans' "because
> these events are predictable. But generation after generation, we seem
> to forget the past. When there's a bubble, there's euphoria. There's
> irrational exuberance. Consumers can use their homes like ATM
> machines. Governments and policy makers are happy because they get
> reelected. Wall Street makes billions of dollars of profits.
> Everybody's delusional."
> Sound familiar? Yes indeed, in "This Time Is Different: Eight
> Centuries of Financial Folly," economists Carmen Reinhart and Kenneth
> Rogoff pinpoint the key signal that will blow the whistle and call the
> game: The "90% ratio of government debt to GDP is a tipping point in
> economic growth." For 800 years "you increase it over and beyond a
> high threshold, and boom!"
> Warning, fans, the numbers on the game-clock are flashing wildly.
> America's ratio is now 92%, thanks to Obama's $1.7 trillion budget,
> future deficits, exploding debt. Soon, Ka-Booom! Another great nation
> bites the dust. Depression follows. Goodbye retirement.
> Warning: 800 years of history are calling 'game over'
> But can't we change destiny? Or are Dodd, Congress, Obama, Wall
> Street, the Party of No-No and 300 million Americans all just playing
> their parts in a historical script well-known to historians like
> Reinhart and Rogoff, Kevin Phillips, Niall Ferguson and others? The
> message of "This Time Is Different" is very simple:
> "We have been here before. No matter how different the latest
> financial frenzy or crisis always appears, there are usually
> remarkable similarities from past experience from other countries and
> from history. ... no country, irrespective of its global importance,
> appears to be immune to it. The fading memories of borrowers and
> lenders, policy makers and academics, and the public at large do not
> seem to improve over time, so the policy lessons on how to 'avoid' the
> next blow-up are at best limited."
> So please listen closely: All the TARP bailouts, stimulus debt and Fed
> loans won't work. Neither will a new conservative government. This is
> not a basketball game. We are not channeling Chick Hearn, calling this
> game before the final buzzer. While we prefer the illusion that "this
> time really is different," eight centuries of history suggest
> otherwise:
> "The lesson of history, then, is that even as institutions and policy
> makers improve there will always be a temptation to stretch the
> limits. ... If there is one common theme to the vast range of
> crises ... it is that excessive debt accumulation, whether it be by
> the ...
>
> read more »
FYI
brad
==============================================================================
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== 1 of 1 ==
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TOPIC: High quality, Cartier Watches
http://groups.google.com/group/misc.consumers.frugal-living/t/5024eeba5f0027c2?hl=en
==============================================================================
== 1 of 1 ==
Date: Tues, May 25 2010 8:13 pm
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==============================================================================
TOPIC: Eddy D. is loosing it [Was: Monster Food, don't we deserve to know?]
http://groups.google.com/group/misc.consumers.frugal-living/t/80c7e398612cad60?hl=en
==============================================================================
== 1 of 1 ==
Date: Tues, May 25 2010 9:09 pm
From: "Edward Dolan"
"Paul O" <first.d.last@company.com> wrote in message
news:hte4ma$ldd$1@news.boulder.noaa.gov...
> Edward Dolan wrote, On 5/23/2010 12:19 AM:
>> "His Highness the TibetanMonkey, ComandanteBanana and Chief of Quixotic
>> Enterprises"<comandante.banana@yahoo.com> wrote in message
>> news:17e357b9-7bf8-43c1-b880-916fcc3d48e4@u7g2000vbq.googlegroups.com...
>>
>>> (The Christians don't know, and probably won't want to know about
>>> GMO's. Meanwhile they are generally opposed to cloning a sheep,
>>> shaping the policies on stem research... Who's being the sheep?)
>>>
>> Blah, blah, blah ...
>>
>> Another idiotic post which makes no sense at all. Post to already current
>> threads - you poor crazy bastard.
>>
> "Fucking Regards"? Eddy, you are loosing the battle. Just last week you
> declared war on his Highness and already the Monkey is getting under your
> skin and beginning to score points.
>
> We are disappointed in you Eddy. I think it is time that you acknowledge
> that you are getting too old for this type of contest. It would be best if
> you would quietly retire.
TM is the village idiot and only another village idiot like you would spend
any time on him.
Regards,
Ed Dolan the Great - Minnesota
aka
Saint Edward the Great - Order of the Perpetual Sorrows - Minnesota
==============================================================================
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