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THe TRiLLioN DoLLaR TuNa IDea...
BANZAI7 NEWS---Irashaimasen!
This is really thrilling for PhD morons, fiscal deadbeats, connoisseurs of fine sashimi and tuna noodle casseroles .
An arcane idea that started on sushi chef blogs in the summer of 2011-- that Tim Geithner should catch a trillion dollar tuna to avert the debt ceiling -- is now seriously taking off following this week's haul of a record breaking million dollar tuna.
The premise of the idea is this: Although the Treasury, with the assistance of the Federal Reserve Bank, already just creates money out of thin air to pay its bills, there is a technicality in the law that says the Treasury has special discretion to can tunas of any denomination, and the thinking is that Tim Geithner could catch a record breaking giant tuna like the million dollar tuna caught just this past week, attach a price tag of one trillion dollars and walk it over to the Federal Reserve and deposit it in the Gold vault next to the Venezuelan bananas and German bratwursts.
The first blog to really promote the idea was Master Chef Ushi o Kao's (as in I grow cows) Monetaro Sushinomics.
Business Outsider jumped on it soon thereafter, as did PhD sliced bullshit chef Paul Klugman.
Of course, once the debt ceiling problem was miraculously solved by the clever creation of a debt politburo and fiscal cliff, people forgot about it.
But there's a new debt ceiling looming, and this time, LOTS more people are tired of using food stamps to purchase cheap sushi boxes at the supermarket.
Now it's going more viral than Christmas photos of the Zuckerberg family!
Concerning Tim Geither's next destination, Banzai7 news has obtained this...
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Slightly OT, but...
WTF gives with the Japanese? I saw the article about radioactivity increasing in Tokyo, including "black spots" that reminded me of Hiroshima. Here is a govt that is allowing Tepco to end the Japanese culture and (by extension) the govt itself. Almost literal national suicide. Isn't this a little weird?
I know you are living in Asia and I am no way that well acquainted with the mindset (although given some things here maybe I should be) so I thought I would ask.
In a lot of ways the gun debate is emotion vs intellect, but the Japanese situation is - or seems - so much more basic even to the existence of the government that I am really wondering.
Any thoughts?
Sorry to butt in but are there any wide spread reports of people in high places and their families/entourage leaving Japan? Same for wealthy families (in US, China, Korea, HK) relocating South or in general not participating in many out-door activities?
Thanks!
I have not heard. But You have to appreciate the hardcore Japanese mindset that prevails at the top of the pyramid. For them, leaving the homeland is the worse possible scenario. They'd rather live in radiation.
There actually more activism now than there ever was.
But given the latest revelations, you would think people would be rioting in the streets. This, however, is a slow burn situation. Japanese are stoics by nature. They are also in a state of hopeless denial.
When the cancer statistics start to emerge, change will accelerate. In the meantime don't expect their nuclear infrastructure to light back up anytime soon.
I suspect the cost of doing anything in Japan's case is just too large involving too many people with no feasible alternatives. So most are forced to carry on in place and take their chances.
Many thanks.
The cancer stats are one thing. What really got me going was the birth defect/stillbirth/child cancer stats they must be looking at. Japan is a nation that is looking at a serious lack of workers, soldiers, poets, and priests (so to speak) in the next 10 years (or so). Even ignoring the social issue of supporting the elderly, the lunacy of adding a subtle and long-term impediment to a declining population seems very Western, short term thinking.
Take care!
I agree-but the massive pricing pressure from the Japanese drives alot of this overfishing. Alot of the tuna caught by US fisherman gets packed in ice and flown direct to Toyko. To say nothing of the bullshit they get away with killing whales as the rest of the world looks the other way-especially the pussy australians. The Sea Shepherd should mount a 37mm Bofors on their bow and see how long it takes the Japs to stop whaling.
The only place I've ever seen whale on the menu was in Norway. It had the consistancy of beef, but the taste of mackerel.
I've had hundreds of swank expense-account meals in Japan and never once was offered whale. Maybe they use whale meat as bait for....wait for it...bluefin tuna?
http://www.guardian.co.uk/environment/2012/jun/14/japan-appetite-whale-m...
I'm sure that in corrput Japan somebody high up in Yakuza has a subsidy to process it. the dolphins they slaughter is largely fed to schoolkids
Another example of a market self regulating itself for the betterment of future generations...
Then, a TRILLION$ tuna would weigh 715 MILLION pounds.
We're gonna need a bigger boat !
only if it swallowed a trillion dollar platinum coin.
For those of you who did not see the viral Christmas photo of the Zuckerberg family...
Bonzai! I'd be very interested in your environmental opinions. Specifically if you think the human race (depending, as it does, on a living planet) has any hope for the future if our dear leaders retain their power.
Regarding abundance: There are people who have a religious faith that technology will always solve the problem of scarcity. I suppose it is possible. But I doubt it. There is no reason to believe that technology will enable patterns of unlimited growth. Which means the prospect of infinate abundance is a fallacy.
Regarding hope for mankind: The tragedy of the commons is embedded in human nature. Actually it seems to be embedded in nature. I don't expect humans will be able to suddenly convert to a universal mode of sustainable existence. The idea that all of the people of the world will suddenly become enlightened in this respect is a pipe dream and the collective self governance and power structure thought to be necessary to impose restraints would never be accepted. Hence, we will continue to denude and exploit the resources of the planet.
Eventually (who knows how long it will take), mother nature will bitch slap all of us once again, the great struggle will commence and only those who are prepared will survive it.
Given what little we know about collapse and ancient history, we have no reason to believe this time is really different and we have no way of predicting what and when it will happen.
Well said and I would agree entirely if not for one thing. Everyone will be enlightened and every knee shall bow and every tongue confess.
Isaiah 9:6-7
For to us a child is born,
to us a son is given,
and the government will be on his shoulders.
And he will be called
Wonderful Counselor, Mighty God,
Everlasting Father, Prince of Peace.
7 Of the greatness of his government and peace
there will be no end.
He will reign on David’s throne
and over his kingdom,
establishing and upholding it
with justice and righteousness
from that time on and forever.
The zeal of the Lord Almighty
will accomplish this.
Obviously you don't have to believe this. That's what it means to be made in God's image. You're free to choose or to choose not to choose for that matter. However, under such a framework as outlined above, abundance would be the paradigm and restoration would be the job at hand. As far as the argument that salvation or creation is delusional, how delusional do you feel when you look out the window or into the eyes of your children?
www.tradewithdave.com
t.w.dave,
line 6 reads better like this:
And he will be called
Wonderful, Counselor, Mighty God,
Everlasting Father, Prince of Peace.
You don't want to lose the fact or name of Wonderful...
William, I believe the first bitch slap is commin real soon. My talks with irrigation farmers in western Kansas, Nebraska, west Texas indicate that the Ogalala water aquafer is about used up, with that a good deal of US food production and the infrastructure located in that are to process the beef, pork is about to run short of food to process.
This midwestern drought continues, no real moisture accumulation to date, just some light snows, is going to get serious if no rains come this spring.
Great work as alway, very good comment I am replying to.
The aquifer is a good example of something to be very concerned about.
speaking of collapse & ancient history:
"Death on the Nile: Researchers believe climate change brought 'mega drought' that ended? an Egyptian kingdom 4,200 years ago" "Mega-drought led to famine and demise of the Egyptians"
http://www.dailymail.co.uk/sciencetech/article-2189802/Egyptian-kingdom-...
"Collapse of Earliest Known Empire Is Linked to Long, Harsh Drought" "A microscopic analysis of soil moisture at ruins of Akkadian cities in the northern farmlands disclosed that onset of drought was swift and the consequences severe.."
https://www.nytimes.com/1993/08/24/science/collapse-of-earliest-known-em...
Do we now not mostly all have "condo made of stone-ah"?
if interested in the water fact vs fiction. If interested in the hte biggest pork barrel after defense spending,read this book
http://www.amazon.com/Cadillac-Desert-American-Disappearing-Revised/dp/0...
Your view of aquifer depauperization will get an education.
see the movie chasing ice for the facts jack.
death by salinity
TX is about to get a couple cubic miles of rain in the next storm, but T. Boone will own it all, and most of it will disappear down fracking holes.
williambanzai7
"Regarding abundance: There are people who have a religious faith that technology will always solve the problem of scarcity. I suppose it is possible. But I doubt it. There is no reason to believe that technology will enable patterns of unlimited growth. Which means the prospect of infinate abundance is a fallacy."
If you are referring to Julian Simon:
His proposals were NOT religious, but firmly pased in data analysis. He pointed out that humanity had been faced with scarcity throughout its entire history, and had ALWAYS solved the problem through technology and ingenuity. 100% success over 4m years is not a bad track record.
You are not even doubting this on religious grounds - you're just saying that you doubt it for no reason that I can see. I suspect that you are 'doubting' it because that is what you have been told to do by environmental activists, and you have no ability to consider why you think this way...
So, finally, on no grounds whatsoever, you pronounce the prospect of infinite abundance to be a fallacy. In spite of the phenomenal track record of humanity in providing it to EVERY generation. I really am curious to know what is going on in your mind when you make pronouncements so contrary to the facts as this. Are you thinking at all?
100 % successful? Isn't any species that is alive today 100 % successful? Oblivious humans are the only species that has had to use tech to achieve this 100 % rate. So please what is your point with saying that?
when I was younger and in (Mormon) Sunday school we where taught to bear testimony to the faith we had in the church.. goes a little something like this.
I know the church is true. (the LDS church)
I know Joseph Smith was a true prophet of God.
I know the (current LDS prophet) is a true prophet.
I know the book of Mormon is the word of God.
I know Heavenly father loves me, guides us. (or something similar)
Close in the name of Jesus Christ amen.
The Techy faith is the new Religion in this cuntry and and requires just as much faith. It is a lot easier to have faith in tech as tech has provided and keep on providing, if one only wants to look at the benefits. Few of the techo optimist look at the negatives of technology, of the extreme rate of diminishing returns. 100 % successful just shows the techno Narcissusium in which the mind of Julian encapsulated.
Here is my suggestion prayer for the Techogelicals, so you to can bear witness to your faith in the marvels of tech.
I know that Technology has expanded and will continue to expanded exponentially forever and ever and ever.
I know that everything tech has proved for us has been an improvement in my life, and will continue to provide, and in fact by Simons owns calculations.. Owes me a lot fucking more goodies.
I know Julian Simon is able to forever exponentially increase the rate at which technology grows forever and ever and ever.
I know that Tech is above the laws of nature and will always exponentially expands never ceasing.
I know that tech loves me and will always looks out for me. has my best interest and heart and will always use it advances to make my life better.
In the name of Ones and Zeros Amen.
We enjoy and have become dependent on all kinds of luxuries brought to us by the wonders of science.
However, when you examine it all more carefully, as our government apparently does regularly, it is all much more fragile than they will publicly admit. And due to the interconnected nature of the ALL the infrastructure and our inherent dependence on it, it is very easy to imagine natural and manmade disaster scenarios that would involve pain and suffering on a massive scale.
Not to frighten anyone, but if they can't even deal with Sandy, how the fuck are they going to deal with those other scenarios if one should ever occur, God forbid.
I don't hang around with environmental extremists. Nor do I hang around with followers of Lyndon LaRouche. I occasionally read the Oil Drum. I also read Kunsler's first book The Long Emergency at the height of The Clean Tech bubble before the crash.
Generally speaking I have always considered the idea that science will save us all to be a perilous leap of faith which I do not accept at face value. Fukushima is an example of what can happen when you blindly surrender skepticism to science. You will note, however, that I did not rule out the possibility and I am always eager to get excited about scientific advances.
There is also the other ominous possibility that science could accidentally erradicate us. Plenty of scientists and tech wizards are concerned about this. I believe we are still in the process of dodging a very close bullet in Fukushima.
Our ability to sustain ourselves was not severely tested in the last century since most of the world existed in a backward state of development. That is no longer the case and there are billions of people who now want their fair share of the good life.
We shall see how well we are able to adapt with the BRICs entering full tilt consumption mode.
you know what could also "accidentally eradicate" us is a few hundered million HP rounds from DHS
Not just DHS. They are all loading up on ammo.
Do those half wits know something we can't figure out for ourselves?
I live in Guilin Guangxi China; my second trip. I have lived here since 6/2012. I just returned from what would be charactrerized as a lavish lunch with 8 friends of my Chinese gf. To me, the fact that these people can smile a day away; with laughter and a sense of well being is amazing. I've had the advantage of being grafted into a middle class enviornment in China. Let me tell you, middle class to them is lower MC to us Americans. The vast majority of Chinese people live a very hard life.
For most merchants in this south central province, if the temperature in the street is 45 degrees F. , their stores are the same. Hardship here is almost a badge of honor. I consider myself a typical spoiled American. I know little about hardship. In China, with the exception of the politically plugged in, most people face a very upstream row.
As North Vietnamese General Giap opined in an interview regarding the US loss in Vietnam (paraphrased): "We have been at war for over a thousand years; what is another hundred?" Asians have a much different perspective on life and suffering than most of us mother milk toast Americans. For most of them, struggle is not an ocassional sojourn, it is an ongoing lifestyle.
Most of my host country of Thailand too
When I was in Guilin, that beer fish they make had me smiling the day away as well. ;-)
Dead on WB.
I should add that I don't believe we should give up all hope. We should each do what we can with what we have, as the saying goes. Part of that is propagating the idea that material consumption is not the be all and end all.
Right on, WB.
We just have to persist a bit longer, I know its a drag speaking to those not waken up yet.
Some aren't waking up, their becoming walking propagandists. It's like night of the living dead out there.
I'd like to do the chick that is the seventh from the left.
That picture with the Head Dweeb clearly showing his Illuminati antlers is about as up lifting as that famous photo of Krugman holding his cat with the by line "The Conscience of a Liberal makes me admit the cat needs serious mental help after our trip to the German Zoofest 2012".
Baaaaaaaahhhhhhh....
who's the bald dude? is that Zuckerberg's CIA handler?
+1
LOL! Terminate with extreme prejudice
http://www.youtube.com/watch?v=GjB8z0Bvi14
SillyCon Valley CIA front companies - Oracle, Google and FarceBook.
I see some dumbshit 18 year old kid posted that he was drunk driving and sideswiped a car and the cops came and got him on a couple of minor offenses-he sounds like a perfect candidate for US army officer training school. also freddie-I know how much you love the TeeVee but C-Span is playing some massive sack of shit show tonight where Krauthammer and a bunch of Neocons/Zionists are sitting around bloviating about how much of a threat Iran's nuclear program is-they are banging the war drums now my brother