Dollar Gains, So Does Earl

Stacy Summary: Will continue putting a few headlines here over the course of the day, but here’s what I’m looking at right now.

47 comments on “Dollar Gains, So Does Earl
  1. farang says:

    Hi Stace!

    Funny thing: lately, like the last month or two, I keep getting this same opening page at my Yahoo! email address.

    With news from two months ago, very weird. Take a look, this is TODAY’s “headlines” in my email homepage…did I travel back in time when I wasn’t paying attention???

    * Boats head to teen sailor drifting in Indian Ocean (AP)

    AP – A 16-year-old sailor on a round-the-world journey alone was drifting in the frigid, rough southern Indian Ocean on Friday as rescue boats headed toward her yacht, damaged by 30-foot waves that knocked out her communications and prompted her to set off a distress signal.
    * Van der Sloot charged with first-degree murder (AP)
    * Pope begs forgiveness, promises action on abuse (AP)
    * Less spending by Americans could slow recovery (AP)
    * New oil numbers may mean more environmental damage (AP)
    * Police say 16 dead, dozens missing in Ark. floods (AP)

    » More News
    Add, edit and organize your Contacts
    Keep everyone’s info handy.
    See how to quickly add, edit and
    organize your Contacts.

    That poor girl, she’s been waiting a LOOOOOONG time for that ship to rescue her….

  2. farang says:

    Silver going to $30: James Turk. That is just a quick resting place, a “refueling” for the final lift-off. I’m IN!!!

    Gold? Man….I want to buy, I know it is going to go up, I am holding to $2730…….but man it is hard to pull the trigger on gold….and just TRY to buy an oz or so for anything NEAR Spot: impossible.

    I see new Philharmonics listed @ $1390. Unbelievable. For all intents and purposes, gold IS at $1400. Unless you’re Maxie and order it by the ton. Just back your limo up here Mr. Keiser…I’ll shovel it in!

    out

  3. Mr Unemployed says:

    Hey Stacy, here’s an article to follow that Jane Mayer story:
    The Billionaires Bankrolling the Tea Party
    http://www.nytimes.com/2010/08/29/opinion/29rich.html?_r=1

  4. Mr Unemployed says:

    Oops! You already had it covered. My bad

  5. epha says:

    We all wonder ( I think) why the masses don’t overthrow their exploiters ( or havn’t yet ). Here’s a bit from Bataille -’The Notion of Expenditure’ , comparing feelings for the old nobility and the new bourgeois;

    “And it’s right to recognise that the people are incapable of hating them as much as their former masters, to the extent that they are incapable of loving them, for the bourgeois are incapable of concealing a sordid face, a face so rapacious and lacking in nobility, so frighteningly small, that all human life, upon seeing it seems degraded.
    In opposition, the people’s conciousness is reduced to maintaining profoundly the principle of expenditure by representing bourgeois existence as the shame of man and as a sinister cancellation.”

    Fuck sake. Battaille suggests a few other forms of expenditure though; a bit of orgiastic violence for a start. Nice.

  6. Youri Carma says:

    Bank of Japan Emergency Meeting (Scroll Up for More) http://forum.prisonplanet.com/index.php?topic=184977.msg1094871#msg1094871

  7. Tom says:

    I think the China story should be “Central Bank Head sent to re-education camp.”

  8. Youri Carma says:

    Stewart RIPS Glenn Beck’s Civil Rights Rally: ‘I Have A Scheme’ (VIDEO) http://www.thedailyshow.com/watch/thu-august-26-2010/i-have-a-scheme

  9. Youri Carma says:

    U.S. Military Loses Control Of Subcontractor Spending, Warlords Benefit http://www.huffingtonpost.com/2010/08/30/us-military-loses-control_n_698820.html

  10. epha says:

    Don’t worry, there’s some good news later on ( in ‘The Notion of Expenditure’);

    “As for the masters and the exploiters, whose function is to create the contemptuous forms that exlude human nature – causing this nature to exist at the limits of the earth, in other words in mud – a simple law of reciprocity requires that they be condemned to fear, to the great night when their beautiful phrases will be drowned out by the death screams in riots. That is the bloody hope which each day, is one with the existence of the people, and which sums up the insobordinate content of the calss struggle.”

  11. Marc Authier says:

    The NEXT USA Tea Part with FOX TV NAZIS Gleen Beck.

    http://www.youtube.com/watch?v=huRgKOlVMZM

  12. Illinois Brandon says:

    Too bad Bernanke doesn’t flee the US take all the FED governors with him!

  13. Mike/Liverpool says:

    Max
    You like to conment on the China banker guy……can’t understand what Zerohedge is on about?
    mike

  14. Illinois Brandon says:

    Hurricane Earl is up to 125MPH now ten more it’s a category four at 135 MPH, A Category five is 160 MPH. Earl could very reach this. Luckly it will weaken some in the cooler waters further north but still a very powerfull storm.

  15. Gordo says:

    @Tao Jonesing

    Grim numbers up to 41% of corporate profits going to the financial sector.

    Well you know what they say about markets allocating resources properly.
    Or was that just the Chicago school of poniz-nomics as you would say.

    ;-)

  16. Youri Carma says:

    China’s 11-Day Traffic Jam Was Insane… But Here’s Why More Will Happen http://www.businessinsider.com/china-traffic-jam-2010-8

  17. Bonn says:

    What up y’all ???
    Lol
    Hic ;-)
    Just tote I’d pop in

  18. Bonn says:

    Hurricane Earl strengthens to major hurricane

    HAARP @WERK ???

  19. Gordo says:

    Distinguished Harvard (school of #$%##&) professor argues that the extended job benefits increased the jobless numbers by over 2%.

    http://www.businessinsider.com/robert-barro-on-extending-jobless-benefits-2010-8

  20. farang says:

    7 years ago I almost drove up the back of a ox-drawn haycart on a Beijing highway offramp, better than 60-70% of the people were riding bicycles to work….how times have changed….seen the prediction for how much SOONER “Peak” oil will be reached IF China’s growth stays the course?

    Not sure if it is a bad thing, or a good thing to hasten the demise of the Petroleum age.

  21. Youri Carma says:

    Ex-Con Says Black Market Prices Are Surging At Michigan Prison http://www.businessinsider.com/ex-con-says-recession-has-devastated-prison-economy-2010-8

    Bet you didn’t read about that one in the Wall Street Journal.

  22. Frans says:

    Me silver mining stocks go today against the DOW so up: this seems to me a reverse in trend. Especially the juniors are doing well.
    Otherwise the PM stocks still are underperformers comparing to the metal itself. It remains to be seen how PM stocks would work out in a WHSTF scenario: perhaps bullion is the safest bet.

  23. Bonn says:

    @ mAX/sTACY
    didja ever see tis weather while growin up ???

  24. Frans says:

    TSHTF I meant.

  25. Tao Jonesing says:

    @Gordo,

    “Grim numbers up to 41% of corporate profits going to the financial sector.”

    Take those numbers with a grain of salt.

    The way the BEA calculates corporate profits is to count all profits worldwide for nominally American corporations without regard to whether or not any taxes are paid on those profits under the theory that citizens that are human beings who pay taxes must pay taxes regardless of where they earn money. This is not true for corporations, who do not pay taxes on profits made outside of the U.S. unless that money finds its way back to the U.S. The result is that some of the big banks pay far less than the 35% nominal corporate rate (in some cases 0-5%).

    If the BEA were to tell the real story, I think that popular support for the neoliberal’s false conception of “free markets” would fall through the floor. Offshoring equals decapitalization, and the de facto industrial policy of the U.S. is to strip mine the country of its wealth and invest it in other countries. We’re being turned into a giant ghetto.

  26. Youri Carma says:

    One In Six Americans Now Receives Government Aid http://www.usatoday.com/news/washington/2010-08-30-1Asafetynet30_ST_N.htm

  27. Illinois Brandon says:

    @YouriCarma,
    Among Blacks and Latino the amount needing government aid is more like 1 in 4. Whites on average have more than twice the yearly incomes of blacks. The US has the worst inequality in the west but it has a huge racial element to it. For Latinos two thirds of them make less than $30,000 a year. I fear this could cause a race war in the US. What is your view?

  28. Marc Authier says:

    @Youri
    Fuck China with their car religion. These 1,3 billion assholes should have known better with the number of peolple. Hope their car jams paralyse the country for a month. Back to the bicycle.

  29. MirrorMirror says:

    Department of Justice Lists Survivalists, Constitutionalists in Extremism Guide

    http://publicintelligence.net/department-of-justice-lists-survivalists-constitutionalists-in-extremism-guide/

    Examples of “Extremist” Terminology :

    … Just a few examples .. too many !!

    Black Helicopters
    Bilderbergers (Bilderberg Group)
    Constitutionalists
    Council on Foreign Relations (CFR )
    Globalization
    Illuminati
    New World Order
    One-World Government
    Patriot Movement
    Sovereign Citizen
    Survivalists
    Trilateral Commission
    ..
    ..
    ..

  30. Marc Authier says:

    Ouppppsss ! I have lost half a trillions dollars ! China suckers !

    http://www.zerohedge.com/article/rumor-pboc-governor-zhou-xiaochuan-has-defected-china-after-suffering-half-trillion-ust-rela

    What’s cool with this type of racket is that USA has just indirectly gained 500 billion from the Chineese suckers. These Chinaman are not thank brilliant, just freakin slaves.

  31. Marc Authier says:

    @MirrorMirror
    So when do we open the FEMA concentration camps ? Expect mass arrestation just after november when Glenn Beck proclaims himself Furher with the fuckin Tea baggers retards. The list is quite exhaustive. Their forgot the ACLU card carrying members and members of Amnisty International.

  32. evolutis says:

    From an old note book … When the student asked Zen Master Chao-Chou for instruction, the sage answered “Wash Your Bowl”

    My own estimate, based on the facts as they present, is that sometimes we become so tied up within the system we forget we have a birthright to abandon the system.

    As an individual,You have a mind and you people. Instead of fighting the entrenched reality. Abandon the monetary system and build a new prototype that makes the monetary system obsolete. Your collective, commentary on these makes it clear; we must.

  33. MirrorMirror says:

    @Marc A. ….

    Was just browsing through that PDF … pretty scary really :


    Constitutional Money: Gold or silver. Ignoring judicial interpretations of the Constitution and federal law, many antigovernment extremists claim that gold and silver are the only constitutional forms of money in the United States

    >Precious Metal Dealers: Dealers in gold and silver who form perhaps the most significant source of financial support for the “patriot” movement. Gold and silver dealers such as Viking International, Discount Gold and Silver Trading Company, and others sponsor shortwave radio programs whose hosts urge people to put all their money into gold and silver so they can survive the “coming collapse.” These cynical dealers will accept Federal Reserve Notes in exchange for precious metals.

    Vegan: Many animal rights activists …….
    Genetically Altered Crops: One target of environmental …….
    etc.
    etc.

  34. evolutis says:

    Sorry that should read … As an individual,You have a mind and you have people. Instead of fighting the entrenched reality … Abandon the monetary system and build a new prototype that makes the monetary system obsolete. Your collective, commentary on these matters makes it clear; we must.

  35. Youri Carma says:

    Vaccine Deaths And Injuries Skyrocket As Cover-Up Implodes http://www.infowars.com/vaccine-deaths-and-injuries-skyrocket-as-cover-up-implodes/

  36. ihateclowns says:

    New law in ireland makes people on the unemployment benifit work for the money,slavery? or good idea ?
    http://www.rte.ie/news/2010/0829/welfare.html

  37. Youri Carma says:

    Government Think Tank Calls For Infiltrating Conspiracy Websites http://www.infowars.com/government-think-tank-calls-for-infiltrating-conspiracy-websites/

    SO BE AWARE OF COINTELPROS – But generaly these fluor heads are so dumbed down that they can’t cope with a real intelligent discussion so easily expose themselves

  38. juergenwahl says:

    The good jobs are lost forever. At the end of 1970, high-paid manufacturing jobs (goods produced) accounted for 30.6% of total non-farm jobs. By July 2010, manufacturing employment had collapsed to only 13.8% of the total. While manufacturing jobs were declining absolutely by 16.8%, relatively low-paying service producing jobs were exploding by 128.5% to rise from 69.4% to 86.2% of total employment. (Source: Economagic.com.)

    Globalisation has proven to be a boon to finance capitalists, but a cruel hoax to most middle-class wage earners. Just about any domestic industry one can name has been either gutted or suffered a substantial body blow from the forces of offshoring. Aside from foodstuffs, around 70% of all goods sold at WalMart were manufactured in China. This happens while effective unemployment in the US is somewhere around 20%!

    As long as the Gospel of Globalisation is promulgated by the plutocratic elites; their lackeys in government and academia; and the venal media; the plight of the working and middle classes can only worsen. It seems as though the solution to the age-old problem of distribution of scarce resources is being resolved in favour of pauperisation of the masses and creation of a small, permanent elite who will continue to enjoy the bountiful fruits which this planet offers.

  39. Gordo says:

    Denninger would like Earl to make landfall in a very specific area.

    http://market-ticker.denninger.net/akcs-www?singlepost=2149206

  40. bud777 says:

    are the chineese really nothing but a bunch of fucking morons ?

    what did they think they were gonna get by buying u.s. debt ?

  41. Youri Carma says:

    Where In The World Is Zhou Xiaochuan? Stratfor Provides Update As 1 Month Chinese Repo Surges By 50% http://www.zerohedge.com/article/where-world-zhou-xiaochuan-stratfor-provides-update-1-month-chinese-repo-surges-50

  42. Marc Authier says:

    @Youri Carma
    All the bankster scum end up in Londinium parasitum scum town. Zhou will soon announce that he has asked political asylum in London with Boris Berezovsky and the other Iceland shit bankster. It’s a classic indeed. Gives us your banksters, your dictators and KGB oligarchs. UK is perfect for all the worldly financial shit like Zhou. Anyways. Not bad. How did he blew up 430 billion ? Derivatives most probably. Anyways he’s a scum and the Chineese deserve to get rheir nose rubbed in the USA manure. ENJOY COCA COLA China.

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