• Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.
  • Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.

Guest Post: EU Leaders Throw Europe a Plutonium Life Preserver

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Thu, 10/27/2011 - 17:32 | 1818780 Mr. Fix
Mr. Fix's picture

BOOM ! ! !

Thu, 10/27/2011 - 17:41 | 1818799 Long-John-Silver
Long-John-Silver's picture

First you see the flash, then you get the shock wave. If you survive the shock wave you must survive the wave of heat that rolls over you. If you somehow survive all that the radiation gets you.

Thu, 10/27/2011 - 17:43 | 1818805 Let them eat iPads
Let them eat iPads's picture

And if you survive the radiation you get  some cool new appendages in a few years.

Thu, 10/27/2011 - 18:13 | 1818877 SWRichmond
SWRichmond's picture

there's a plutonium life preserver glowing in the knee-high water

http://en.wikipedia.org/wiki/Cherenkov_radiation

We had one of these in school: http://en.wikipedia.org/wiki/TRIGA

Thu, 10/27/2011 - 23:06 | 1819704 trav7777
trav7777's picture

plutonium is an alpha emitter.  Short-lived reaction byproducts emitting beta cause Cerenkov.

Read the article again, boys...can you hear that Mr. Anderson?  It is the sound of contraction; it is the sound...of the 400-year global growth economy's death.

Aggregate contraction is upon us.  It DOES NOT MATTER what accounting bullshit they pull.  Debts can't be repaid.  None of them can.  Anywhere.

Fri, 10/28/2011 - 18:49 | 1823021 SWRichmond
SWRichmond's picture

239 is, but 241 decays through beta emission.

Thu, 10/27/2011 - 19:00 | 1819017 machineh
machineh's picture

'And if you survive the radiation you get some cool new appendages in a few years.'

Can't wait! We'll be luckier than a two-dicked dog!

Thu, 10/27/2011 - 22:15 | 1819529 UP Forester
UP Forester's picture

.... right up until you get dick cancer....

Fri, 10/28/2011 - 01:39 | 1819952 Sgt.Sausage
Sgt.Sausage's picture

... twice.

 

Thu, 10/27/2011 - 21:40 | 1819460 JohnG
JohnG's picture

This is not the artillery you are looking for.

 

 

 

(all this will end in a shooting war, unfortunately.  very.)

 

It's ALWAYS about the money,

Thu, 10/27/2011 - 17:37 | 1818792 Let them eat iPads
Let them eat iPads's picture

Physical plutonium, bitchez!

Thu, 10/27/2011 - 18:27 | 1818915 The4thStooge
The4thStooge's picture

What's plutonium trading at these days?

Thu, 10/27/2011 - 18:47 | 1818962 agent default
agent default's picture

Is there a physical ETF on that?  Does it have a settlement by airmail option?

Thu, 10/27/2011 - 21:44 | 1819473 JohnG
JohnG's picture

NLR.

Fri, 10/28/2011 - 18:19 | 1822928 BigJim
BigJim's picture

Inquiring mullahs want to know.

Thu, 10/27/2011 - 17:38 | 1818793 ArkansasAngie
ArkansasAngie's picture

The thing is ... we can't actually allow these bozos to further entrench themselves as too big to fail. 

They are in fact not too big.

It's sorta, kinda the right thing to do.  Every generation is challenged by shatheads that have to be put in their place

Thu, 10/27/2011 - 17:40 | 1818798 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

Wasn't this exactly the 'bailout' that the market has been expecting for weeks? Should be no surprise... where's the 'sell the news'?

Thu, 10/27/2011 - 17:52 | 1818824 ArkansasAngie
ArkansasAngie's picture

Did you rush into the market today saying yeeee haaaa!!!!

Frankly none of my acquaintences did.  I certainly didn't.

It's only the central banksters and their cohorts that are making merry.  They live another day.  They held off insolvency with another plop of liquidity and, of course, lies. 

Thu, 10/27/2011 - 18:01 | 1818854 slewie the pi-rat
slewie the pi-rat's picture

but...but...the euro lost the 1.42 handle!

Thu, 10/27/2011 - 17:42 | 1818800 DoctoRx
DoctoRx's picture

Don't know about the exactitude of the 3 trillion euros, but this is one of your best pieces, CHS.

Thu, 10/27/2011 - 20:30 | 1819287 i-dog
i-dog's picture

Agreed. Back in top form after a dry spell.

Thu, 10/27/2011 - 17:47 | 1818801 DormRoom
DormRoom's picture

The EFSF will be the mechanism in which Europeans start viewing Germany as a new tyrant, since she will be responsible for the 'surveillance' of the member states to comply with any bailout fund.  When the EZ eventually fails, it will once again pit Germany against the rest.

 

It's 1912 all over again.

 

Thu, 10/27/2011 - 17:43 | 1818802 Segestan
Segestan's picture

except there is a loooong line of dreamers outside the front door who have been told they to can have the fix and even for free... now these poor mis treated they are struck with a nightmare.... ooops!!

Thu, 10/27/2011 - 18:18 | 1818810 Racer
Racer's picture

This is all really obscene...

there is a never ending pot of money given to the banksters who made very bad mistakes

yet at the same time these very people giving this vast amount of money are telling the people they are really supposed to serve that they have to put up with austerity measures so they can give these criminals more money out of their hard earned savings and money!

I wonder how long they can keep this up before the people stand up and say Viva la Revolution as is always the case in history when the rich just get that bit too greedy for their own good and lives

Thu, 10/27/2011 - 19:09 | 1819048 rosiescenario
rosiescenario's picture

"Revolution as is always the case in history when the rich just get that bit too greedy"

 

They always seem to catch the greed disease....enough is never enough....if I own 10 houses I will only be happy when I get to 12....etc. It is an addiction among a certain class of people...even when they have 100X more than enough, they will still risk going to jail by law breaking to get even more...we see it everyday.

Thu, 10/27/2011 - 23:42 | 1819300 i-dog
i-dog's picture

"how long they can keep this up before the people stand up and say Viva la Revolution"

Won't happen. Never before in history have "the people" been so heavily drugged (in the water, in the air, in the vaccines, in the food, in the food containers,....), so heavily propagandised (in the MSM and TV programming), and so irrecoverably indebted and dependent on government handouts -- that they'll sheepishly follow any orders from above. Baaaaah!

Fri, 10/28/2011 - 01:00 | 1819922 ElvisDog
ElvisDog's picture

The thing that will ultimately cause the revolution will be commodity price inflation, particularly food and energy cost. Food cost inflation was the trigger for the French Revolution.

Fri, 10/28/2011 - 11:52 | 1821069 SystemsGuy
SystemsGuy's picture

Yup - re: commodities.

So long as you can keep supplying the bread and circuses, indignation alone will won't be enough for people to take to the streets, save for those few who will protest at the drop of a hat. Eventually, though, the bread and circuses DO run out, and that's when things get ugly.

As resources dry up, national governments in particular respond in one of two ways. One is just to give up, to hand the reign of powers to the wealthy bastards that have been trying to buy influence for years and one by one take a vacation in some other part of the world. The other is to reduce welfare spending while methodically ratcheting up military spending, not so much for adventures abroad but for protection of the wealthy at home. Of course, by the time that the pitchforks and torches come out, the monsters have long since fled the castle with the region's gold in a handy chest.

My guess is that rolling estates in non-extradition-treaty countries are probably selling like hot cakes right now.

Thu, 10/27/2011 - 17:48 | 1818813 homersimpson
homersimpson's picture

Now if this story can just translate into FAZ profits, I'd be ecstatic..

Thu, 10/27/2011 - 17:50 | 1818819 tmosley
tmosley's picture

I don't think there is anything that could do that, save perhaps for a return to free markets without a financial force majure, which I don't think is going to happen.

Thu, 10/27/2011 - 17:51 | 1818822 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

Didn't FAZ hit all time lows today...? What a piece of s**t... seriously, what are you doing?

Thu, 10/27/2011 - 17:55 | 1818834 homersimpson
homersimpson's picture

Well.. hindsight is 20/20..

Thu, 10/27/2011 - 17:57 | 1818839 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

Looks like a fraudulant piece of crap to me... looks mathematically certain to go to zero at some point no matter what financials do.

Thu, 10/27/2011 - 18:31 | 1818917 Bill Lumbergh
Bill Lumbergh's picture

Homer my advice would be just to day-trade them if you want to use these types of instruments...besides you may wake-up one morning and find out shorting the financials has been banned...the poster above me is correct they will go to zero in a theoretical sense as many have already done reverse splits during the QE2 market melt-up.

Thu, 10/27/2011 - 17:49 | 1818817 mynhair
mynhair's picture

Sour grapes for Chuck in the short term.  Who knows when it goes BOOM?

Trade what you see, fuk the future.

Thu, 10/27/2011 - 18:01 | 1818855 topcallingtroll
topcallingtroll's picture

Exactly

Thu, 10/27/2011 - 17:50 | 1818821 Rainman
Rainman's picture

Debt repudiation sure smells funny when it is buried in a pile of horse shit. This will be a titanic disaster within 3 months when all the other weak hands pile in. Assholes.

Thu, 10/27/2011 - 17:53 | 1818828 Donlast
Donlast's picture

I think the best place to feel comfortable and secure these days is in an aslyum

Fri, 10/28/2011 - 00:54 | 1819913 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

Aren't we living in one?

Thu, 10/27/2011 - 17:53 | 1818829 Ghordius
Ghordius's picture

Hmmmm... How is it that we have here a tyrant Germany that can't force the UK to join the EuroZone while Greece can't be trown out?

Can Texas leave the US? Can Kansas leave the DollarZone? Is Nebraska exploiting Delaware?

What would Cameron's reaction to a Scottish Pound be?

You gotta be kidding me or perhaps you just watched too many WW2 movies.

Thu, 10/27/2011 - 17:58 | 1818841 DoctoRx
DoctoRx's picture

Which country's exports were most stimulated by today's currency action?

Thu, 10/27/2011 - 18:22 | 1818879 Ghordius
Ghordius's picture

Is Today's market action the whole horizon?
Are you that shallow?

Your soldiers don't think this way and would understand me when I say that we have a common border, common market, common currency (optional), a common flag, a common anthem, a common future and a common dream, including solidarity...

AND MEMBERS CAN LEAVE IF THEY WANT

By the way, you forgot to bash the French, the Luxis, the Dutch, the Austrians, the Danes, the Finns, the...

And what if the entire world would go gold-backed? Would then the evil Germans dominate the planet?

Is honest money a colonialistic instrument of exploitation?

Thu, 10/27/2011 - 18:32 | 1818924 The4thStooge
The4thStooge's picture

Actually according to the annexation treaty they signed, Texas can secede whenever they want.

Thu, 10/27/2011 - 18:38 | 1818935 Ghordius
Ghordius's picture

And are Texans exploited or exploiters?
By the credit market debt as explained above by CHS?

Thu, 10/27/2011 - 18:49 | 1818974 s2man
s2man's picture

Yes, Texas can leave the Union.  The only state which reserved that right when joining. 

Thu, 10/27/2011 - 21:26 | 1819434 pods
pods's picture

I am sure that is exactly what they were saying in Richmond too.

The USA is like the Hotel California.

pods

Thu, 10/27/2011 - 21:34 | 1819451 Lednbrass
Lednbrass's picture

And will be followed by the rest of the south, in a few more years there wont be any other choice and both sides will be much happier.

Thu, 10/27/2011 - 22:04 | 1819492 JohnG
JohnG's picture

 

 

Yep.  The South shall rise again! As has been said for us gun totin' rednecks for better than 150 years. (re. gun ownership article yesterday)

 

Yet somehow, I do not think it will be a happy parting.  Things like shooting, and death come to mind. 

Never mind the War of Northern Agression.......

 

But I'm just a simple redneck after all.  Rebel Yell....

Thu, 10/27/2011 - 22:24 | 1819552 pods
pods's picture

No worries, I am with y'all in mind, and body!

Just wanted to make it clear that momma USA does not accept secession well, whether it is in the contract that you signed or not.

pods

 

Thu, 10/27/2011 - 22:53 | 1819665 Lednbrass
Lednbrass's picture

Agreed, but there are substantial differences today I think.

1) The military is disproportionately southern, particularly in combat troops. If push really came to shove and it got ugly, most would stick with their families and states.

2) Cultural advantage is with the south, where I live I see 7 year olds at the range with Dad and their first .22.  In large northern cities, they play Halo and think a pistol is firepower. It is a rare boy in my sons high school that doesnt own their own rifles and shotguns.

3) The midwestern farmboys that made up the best of the Union troops last time arent going to sign up in large numbers to maintain it, most are more sympathetic to the other side at this point in history.  Last time the Union had many brigades formed from Unionists from southern states, this would be inverted if it happened again.

4) International recognition would be swift. How long before the Russians and Chinese recognize a breakaway region? Near immediate I think, considering how the US backed new nations in Eastern Europe there would be immediate recognition from many nations. The Russians would do it in a heartbeat if for no other reason then payback.

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