Good morning, worker drones: This Week In Mayhem

Project Mayhem's picture

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Marley's picture


A thought on your salutation.  I agree we are persons who conduct menial, distasteful, dull, or hard work for the benefit of others.  However, Drone also could be confused with "a person who lives on the labor of others; parasitic loafer."  In keeping with the Matrix, perhaps we should be refered to as Copper Tops.  What do you think?

Anonymous's picture

Got chaos?

I'm listening to that clif dude tonight

AN0NYM0US's picture

"Imagine this. At a time of political turmoil, a charismatic, telegenic new leader arrives virtually out of nowhere. He offers a message of hope and reconciliation based on compromise and promises to marshal technology for a better future that will include universal health care. The news media swoons in admiration -- one simpering anchorman even shouts at a reporter who asks a tough question: "Why don't you show some respect?!" The public is likewise smitten, except for a few nut cases who circulate batty rumors on the Internet about the leader's origins and intentions. The leader, undismayed, offers assurances that are soothing, if also just a tiny bit condescending: "Embracing change is never easy." So, does that sound like anyone you know? Oh, wait -- did I mention the leader is secretly a totalitarian space lizard who's come here to eat us?"

Rusty Shorts's picture

Yes, just imagine the power he (our prez) would gain if he declared a jubilee year on home mortages, this is what frightens that the fed owns most of em via free money printed out of thin air.

Anonymous's picture

The FOMC meeting Wednesday, the big question is whether China and Russia believe the end to QE or pretend to believe it. This might be useful for manipulating the Gold price. Until fundamentals destroy this travesty, nobody knows when, the manipulation might continue longer than expected and making prediction based on common sense nearly impossible.

tip e. canoe's picture

thanks for reminding me to read the daily Ure PM.

turns out webbot wizard cliff high is giving a talk on 2012 tonite.

"No children, not for those with mental instability. No Bullshit. Very disturbing information."

lovely way to spend a tuesday eve, yes?

Anonymous's picture

Well, as long as the prostitute population isn't too affected by the new(?) flu, at least Ukraine's biggest export won't be affected.

Anonymous's picture

Why would Mr. Buffet purchase at such premium this rail line after watching an intense rally for six months? It would appear the rally is topping anyway.

Could have bought much cheaper at higher premium earlier, could probably purchase later for cheaper. Why now?

I could see if trucking companies were about to fold, or if national infrastructure, for whatever reason, became lengthily congested. I might understand if the settling unit of accounting ($) were to suddenly or overnight lose a magnitude of purchasing power.

Why dump so much money, so suddenly, at such dear terms?

Transports WILL always be needed. Would energy policy or civil unrest make them the most efficient mechanism for moving goods? Outbreak of any war of scale would play to the rails also.

Dumping so much liquidity at a premium just when (it would seem) preserving liquidity is so very important.

Looks to me like an exit move from dollars, with inside knowledge that rail transport may soon enjoy what nears monopoly in distribution.

A big move made in the open against what seems the most prudent course.

Very interesting, indeed.

Anonymous's picture

Maybe it's 'cos Warren just got a hot tip that all of the internment camps will be filled via rail cars just like good ol' Nazi Germany. The more things change, the more they stay the same.
Either that or he's just fucking senile.
I'm kinda hoping for the latter.

Anonymous's picture

Buffet buys monopolies.
Montana farmers are about
to get screwed. When he
bought GEICO, my insurance
bill went up 30 % in one
year. I cancelled of course.
The farmers can't.

tip e. canoe's picture

not if montana farmers start growing food for the pacific northwest.

Bolweevil's picture

war was my first thought too, already established he's on the take with Whitehouse who else could you trust to keep the party hopping?

wwe love you CC 

Hephasteus's picture

More like the first to be a carbohydrate dollar menu eater. He's inventing the McShit sandwich.

ratava's picture

One more thing about the Czech. Our EU Commissioner nominee is the Director of Goldman Sachs for Central Europe.

Problem Is's picture

Tony Blair permanent EU president...

More like Tony Blair, permanent member, along with No Brains Bush in Joe Lieberman's Super Douche Club.

Anonymous's picture

Sorry to be a tin hat, but the sigma on this is pretty high. Joseph Moshe arrested in LA 2 months ago said that there will be a virus attack that is concealed in a vaccine from Baxter in the Ukraine.

cthulhu's picture

The more tinfoil, the greater the need for a link.

Internet Tough Guy's picture

Government flu:

We got a drug
We're gonna try it out on you
Won't make you die
It'll getcha just a little bit sick

Got a head cold
Got a chest cold
And it's three days old
(Goin' on forever)
Make you hazy
Make you lazy
Drive you crazy
For days and days and days and days and days
And years

Barely got the time now
To stay on the job
Double up the dosage in your water supply
Make you even sicker 'til you're slippin' away

Getting all depressed
It's getting all your friends
You can't get it up
For nothing that'll rock the boat

The government flu
The government flu
The government flu

Slip it abroad
Keep a-slowin' down the USSR
But meanwhile
We'll keep an eye
On what it's doin' to you

Anonymous's picture

:^) New song for Dred Zeppelin?

Gunther's picture

the flu is in Germany hyped very much too without real reasons given that the 'new' version is more dangerous then regular flu. The whole flu story seems for now exaggerated to sell the vaccine.

Friday I stumbled upon this piece dealing with the European gas/pipeline dispute.
The blog did not cite a source but it seem worth to mention:
"Putin added that Ukrainian Prime Minister Yulia Tymoshenko told him by telephone on Friday that President Viktor Yushchenko was blocking payments for Russian gas supplies.
The Russian prime minister said that IMF data showed Ukraine had gold reserves of $27-$28 billion, with a maximum of $12 billion required to cover the payment. He also noted that the European Union had refused to extend any loans to Ukraine to cover its gas purchases.
"The EU has not given Ukraine any money," Putin said. "Ukraine has not received a single cent, not one hryvnia."

Problem Is's picture

You mean Gunther...

To sell $40 billion worth of worthless undelivered flu vaccine in the US...

As the war criminal Donnie "Dickweed" Rumsfeld counts his Tamiflu profits...

Oh did I mention Rumy was a key player in the 1976 swine vaccine that killed Americans (rather than helping them)?

The idiot Ford was manipulated in to pushing on the public.

"Gilead Sciences held exclusive world patent rights to Tamiflu, of which Rumsfeld was the CEO... Rumsfeld was reportedly the largest stock holder in Gilead.

He [Rumsfeld] stands to make a fortune on royalties... on a drug worthless in curing effects of alleged Avian Flu.

Rumsfeld himself played a key role in hyping an outbreak of swine flu back in the 1976 when he urged the entire country to get vaccinated.

President Ford ordered massive inoculations in 1976. When fifty people died from the drug, its administration was suspended, but not before Mr. Rumsfeld pocketed an estimated five million (in 1976 dollars).

Much of the swine flu story and its dubious provenance has been documented by a Johns Hopkins medical professor, Arthur Silverstein, in his book Pure Politics and Impure Science, subtitled The Swine Flu Affair (JHU Press,1984).

What Rumsfeld neglected to report at the time was a colossal conflict of interest. Prior to coming to Washington in January 2001, Rumsfeld had been chairman of a California pharmaceutical company, Gilead Sciences. Gilead Sciences held exclusive world patent rights on Tamiflu, a drug it had developed..."


Gunther's picture

From April:

(CNN) -- There had been no confirmed deaths in the United States related to swine flu as of Tuesday afternoon. But another virus had killed thousands of people since January and is expected to keep killing hundreds of people every week for the rest of the year.
People are nervous about swine flu, but the regular flu kills 36,000 people a year in the United States.

Anonymous's picture

Oh please, tell it like it is. There is a lot of prostitution in the Ukraine. H1N1's most effective transmission method is risky social behavior.

Oso's picture

oh, good call.  there isnt any prostitution in Poland, Russia, Latvia, Lithuania, Bulgaria, Czech Republic, Slovakia, Slovenia, Kazakstan, Turkey, or Armenia so this is a non-event.

Anonymous's picture

HOW MANY TIMES do I HAVE TO tell people?
Make CONDOMS, not CONDOS!!!!

Steak's picture

Tomorrow will be an interesting day in Persia:

Iranian police warned the opposition Monday not to hold protests this week that would coincide with annual state-sponsored demonstrations against the United States.

The warning comes days after two opposition leaders suggested they will call their supporters to the streets Wednesday, in what was seen as an attempt to reinvigorate their movement after a harsh crackdown killed dozens of protesters in postelection turmoil over the summer.

Wednesday marks the 30th anniversary of the seizure of the U.S. Embassy in Tehran by militant students following the Islamic Revolution — a day that typically draws thousands to the streets of Tehran. 

Many of the Iranians who led the storming of the US embassy in Tehran 30 years ago, inspired by the newly-created Islamic Republic, have become severe critics of the regime they helped to establish.

Internet Tough Guy's picture

I can't find Persia on a may. Is it near Biafra or USSR?

illyia's picture

Ha! So Ure may be right about the Swine Flu as "tipping point," eh?

I thought Evans-Pritchard's article on Japan's carry-trade dry-up would win.

Those bots...

AN0NYM0US's picture

also another great source is promed-mail an offshoot of ISID - Promed is an information sharing venue for frontline professionals from around the globe

AN0NYM0US's picture

Mayhem - Niman is a great source - always way out front on these things


here's his latest


Ukraine H1N1 Deaths and Hospitalizations Spike Higher
Recombinomics Commentary 21:54
November 2, 2009

255516 Influenza/ARI
15810 Hospital Admissions
235 Intensive Care
70 deaths

The above numbers reflect the latest government update on cases in the Ukraine.  They are dramatically higher than those reported in the past few days and raise concerns that the death toll will increase significantly over the next several days.


Rainman's picture

CIT is another corpse-in-waiting. Just bleeding out cash. One drop at a time.

Only the taxpayer carcass will be left to be picked clean by the vultures. 

Bearish Spirits's picture

Thanks for providing more info on the possible Ukraine epidemic, PM.

Not to squash Ure, but the larger-than-expected declines in consumer credit debt over the last few months haven't had much effect on the market.  He speaks common sense on this, not squid banter.