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A Peaceful, Stress Free, (Lack of) Labor Day Open Thread

Tyler Durden's picture




 

Two weeks ago we had a "bear market" open thread in which we lamented the arrival of the recession, or the resumption of the depression, depending on one's proclivity for dramatic flair. It took the rest of the world about two weeks to catch up to what our commentators already knew. Today, in turn, we want to celebrate a peaceful, calm, (lack of) labor day holiday following which we are positive the markets will reopen calmly, in an orderly manner, with modest volume, declining 3M USD Libor, a collapse in the Libor OIS and with no invocation of Rule 48 whatsoever, by opening it up to our readers' very cool, calm, collected and politically correct stream of consciousness.

 

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Fri, 09/02/2011 - 20:11 | 1628514 Yes_Questions
Yes_Questions's picture

 

 

What would their posts have before the word Bitchez?

Air?

Water?

Best Friend?

Fri, 09/02/2011 - 22:52 | 1628821 Crisismode
Crisismode's picture

The Very Best Air Water Friend, BITCHEZ!

 

LOSER.

Fri, 09/02/2011 - 20:48 | 1628622 Rodent Freikorps
Rodent Freikorps's picture

The same guys that downgraded Pluto?

 

Fri, 09/02/2011 - 23:03 | 1628835 knukles
knukles's picture

Yeah, A- outlook negative.

Sat, 09/03/2011 - 00:26 | 1628936 Cheesy Bastard
Cheesy Bastard's picture

Screw them, that Pluto was a good dog till they put him down.  Ask Mickey.

Fri, 09/02/2011 - 19:26 | 1628448 SuperRay
SuperRay's picture

a nice sentiment, but it's all sentiment.  Where's the plan?  Unless campaign finance reform is enacted and corporations are no longer considered people, and CEO's go to jail when their corporation fucks over people, nothing will change.  Sitting around trying to create anupward spiral of confidence (what the hell is that anyway?) over a vente mocha latte isn't quite what I'd call a plan...

Fri, 09/02/2011 - 19:31 | 1628461 RunningMan
RunningMan's picture

There is a complete locking up of the mechanism of the economy. What is truly bizarre is this pervasive belief that the 'government' will bail EVERYONE out. I see people working far less productively, and focusing on backstabbing ... and when that fails, they put their hands out.

Still a tale of two economies - the ambulance chasers (literal and figurative, ie those profiting off of the disruption) are doing great. This of course is unsustainable beyond a few more years. And we won't have to wait long, from the looks of the Greece/Europe situation.

Enjoy your BBQs everyone - next year won't be so festive (assuming this one is for you).

Fri, 09/02/2011 - 19:34 | 1628473 razorthin
razorthin's picture

Back away central bank oligarchs; step away Barack and let the mother burn!

That's not incendiary rhetoric, it's actually a viable plan.

Fri, 09/02/2011 - 19:55 | 1628512 nah
Fri, 09/02/2011 - 20:09 | 1628557 Shell Game
Shell Game's picture

Rock and roll for next week's bank blood let..  http://www.youtube.com/watch?v=wkNQjsgQNP0

Fri, 09/02/2011 - 20:25 | 1628595 Yes_Questions
Fri, 09/02/2011 - 19:57 | 1628520 carbonmutant
carbonmutant's picture

Afer a few glasses of  Kendall Jackson I'm pretty "stress free"...

Fri, 09/02/2011 - 19:58 | 1628524 Little Boots
Little Boots's picture

hey did you know corporations are sitting on a 2 trillion cash hoard? did you know that?

Fri, 09/02/2011 - 20:05 | 1628549 Yes_Questions
Yes_Questions's picture

 

 

And they gave it to the cat!

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

Fri, 09/02/2011 - 20:19 | 1628582 Shell Game
Shell Game's picture

iBanks alone are holding $1.7 Trillion.  10x fractional reserve leverage gives them $17T in potential purchasing power.  Hyperinflation front-running, anyone?

Sat, 09/03/2011 - 16:56 | 1629977 falak pema
falak pema's picture

the private oligarchs plus the multis have at least 10 trillion. the Pension funds have 40 trillion world wide...

Fri, 09/02/2011 - 19:58 | 1628526 Yes_Questions
Yes_Questions's picture

 

 

Random for the open thread:

http://www.youtube.com/watch?v=AzNzCiZwk28

Fri, 09/02/2011 - 20:13 | 1628570 carbonmutant
carbonmutant's picture

The real problem here is that our Community Organizer's recital on Thursday is supposed to rally the ummm.... Well I'm not sure who it's supposed to rally. Those who are genetically disposed are all ready his supporters and the banks and investors who have been carrying him since his election are asking "Where's the beef?" and all the EU wants is another handout and Wen Jiabao won't sit in the same room with him.

  Most investors will be listening in just to see who or what he's gonna blame next...
Fri, 09/02/2011 - 20:20 | 1628581 mynhair
mynhair's picture

Crap, Rat puked, didn't he?  And I missed it.

 

Hey Rat!  I ain't far behind!  But first puke wins!

Fri, 09/02/2011 - 20:21 | 1628586 MrPook
MrPook's picture

Some dude just offered me a job as a fund manager. I'm just a talented amateur !!!

Here begins the rise of Pook

Fri, 09/02/2011 - 20:21 | 1628587 MrPook
MrPook's picture

Some dude just offered me a job as a fund manager. I'm just a talented amateur !!!

Here begins the rise of Pook

Fri, 09/02/2011 - 20:33 | 1628606 SumSUN
SumSUN's picture

Stoked for the Saturday edition of Keiser Report. 

 

Fri, 09/02/2011 - 20:48 | 1628620 SumSUN
SumSUN's picture

wholly shit it's on right now!

on RT 

He's got Mike Malony.

Fri, 09/02/2011 - 20:41 | 1628612 RobotTrader
RobotTrader's picture

 

 

Bloomberg (Sep 6) - China announces plan to swap U.S. Dollar reserves for Italian, Greek, and Portuguese bonds, seeking better yields

Bloomberg (Sep 6) - Obama hints at sending $10,000 stimulus checks to all unemployed over 99 weeks for job training.

Bloomberg (Sep 7) - Bernanke says Fed might start inflation targeting to fight stock market decline

Bloomberg (Sep 7) - House Finance Committee readying bill to create new government run housing agency called NHMA (National Home Mortgage Agency) to buy all delinquent loans from the banks

Bloomberg (Sep 8) - Jay Carney says administration will "do whatever it takes to stimulate jobs", hints of massive incentive program to be announced tomorrow

Bloomberg (Sep 8) - Brian Moynihan tenders resignation, Board of Directors approves Hank Paulson as new Chairman of the Board and CEO of Bank of America

Fri, 09/02/2011 - 20:57 | 1628637 HUGE_Gamma
HUGE_Gamma's picture

WorldNewsDaily (Sep 9) - Iranian nuclear scientist find cheap inexpensive way to transmute lead into platinum metals and gold. Obama orders strike on reactor facility and vows to defend the archaic traditional relic

Fri, 09/02/2011 - 22:57 | 1628827 Crisismode
Crisismode's picture

RoboTrader says ONE CORRECT MARKET CALL . . .

 

The entire world reacts!

 

AMAZING! Like a stopped clock, he made his FIRST correct daily call!

 

Oh, but wait,

 

There is still the rest of the day left,

 

Will the clock still stay still??

 

Will he make a correct call by default of his random bullshit cards thrown up against the wall?

 

STAY TUNED!!

Sat, 09/03/2011 - 00:50 | 1628964 Pancho Villa
Pancho Villa's picture

Bloomberg (Sep 6) - Obama hints at sending $10,000 stimulus checks to all unemployed over 99 weeks for job training.

Can't buy me love, love
Can't buy me love

I'll buy you a diamond ring my friend if it makes you feel alright
I'll get you anything my friend if it makes you feel alright
'Cause I don't care too much for money, money can't buy me love

I'll give you all I got to give if you say you love me too
I may not have a lot to give but what I got I'll give to you
I don't care too much for money, money can't buy me love

Can't buy me love, everybody tells me so
Can't buy me love, no no no, no

Say you don't need no diamond ring and I'll be satisfied
Tell me that you want the kind of thing that money just can't buy
I don't care too much for money, money can't buy me love

 

Fri, 09/02/2011 - 21:05 | 1628641 Atlantis Consigliore
Atlantis Consigliore's picture

 

gotta do it, on LABOR DAY;

 

AN EXTRA SPECIAL VOTE TO YAHOOS 12 BIGGEST FAILURES.

 

http://finance.yahoo.com/family-home/article/113424/mcdonalds-menu-items...'%20rel='nofollow

 

# 13 Super Duper Special:  

"The Mc Bama" (code names; Da Leftyburger, Da Puke, Da Turd,)


Sold with huge media fanfare for dope and change to a hurry up and lets get rich in real estate gullible public looking for the free lunch free loan, and a house with every coming home to roost chicken, from the

Nanny state government.

 

Covered with that "Special FED Sauce"  Porkulus-Schtimulus - a mysterious secret sauce brought out by secret NY Ivory tower chefs,  to force down the tried and failed receipes and the after affects coming out your buns or dry heaves special chickens coming home to roost used to give you that spread the sauce consistency of bs.

 

Inspected by 17 Czars and 54 Regulatory agencies and departments from justice to ludicrous in everchanging regulations, inspectors, lawyers and lawsuits. No Addvisors on pricing /and marketing with real time job experience (not invited) and now resigned on talk shows grinning and looking for ivory tower jobs writing books....

 

Costing billions in fraud and duplication, and $ 4 Trillions in debt added for nothing;  but sold with left wing support as  "Da Peoples" dope and costing you can believe in "spare change" sold now on all the channels _bcs; and dopecasts on  left coast machines.

 

Given free of charge  to 435 congressmen and 100 Senators, with free mirrors, botox injections, jet plain rides and 30 second paid TV Spots and force fed to Supreme Court justices with extra sauce,

made to sit in their poop given stern glances forced to read MAD.

 

Conditions and restrictions apply and with regulations subject to immediate, repeatable and expensive change.

 

taxed with special environmental, regulatory, fee, fat, soda, feel good, free market, and legal tax and spend surcharges with an interest rate determined by banks with no doc loan  and double gas taxes for waiting days in line at the take out window;  (special inspectors unionized at the windows mandatory; car checks required)

 

COLORFUL VOMIT BAGS FOR STOCKHOLDERS, JOB CREATORS, FREE MARKET TRADERS,

INVESTORS, AND SMALL BUSINESSMEN INCLUDED

 

CRAYONS FOR KIDDIES ATTACHED COSTING 40, $ 50,000 IOU'S

 

(VOMIT BAGS RECYCLABLE WITH PICTURES OF BARACK AND NANCY PELOSI IN 3 D IN TIME FOR USE AT HALLOWEEN)

 

OBAMA DOGGIE VOMIT BAG OPTIONAL-  ENCLOSED WITH SPARE CHANGE.

 

Fri, 09/02/2011 - 21:03 | 1628645 Rodent Freikorps
Rodent Freikorps's picture

What we need is a flame war open thread. It'd be theraputic.

Fri, 09/02/2011 - 22:25 | 1628778 Yen Cross
Yen Cross's picture

Yen is always around!  Do not fall into the ( SWISSY) Trap...

Fri, 09/02/2011 - 21:14 | 1628657 Fix It Again Timmy
Fix It Again Timmy's picture

Austerity - anybody know where that country is located?

Fri, 09/02/2011 - 22:04 | 1628738 Jena
Jena's picture

And what language do they speak?

Sat, 09/03/2011 - 09:49 | 1629339 falak pema
falak pema's picture

country called Austerity : Planet earth.

yes its globalised thanks to GWB and his ilk.

Fri, 09/02/2011 - 21:18 | 1628665 WoodMizer
WoodMizer's picture

Monday morning 20% of american'ts should feel like a librarian on Valentine's day; but they won't.

There in lies the rub.  Many of us hate our jobs and can't buy a new one.

Sat, 09/03/2011 - 01:54 | 1628946 Cheesy Bastard
Cheesy Bastard's picture

Speaking of rub, I still have a big red heart on.  You know, for Valentines day.

Fri, 09/02/2011 - 21:44 | 1628712 willien1derland
willien1derland's picture

Utilizing several sites for data & including the UBS mortgage lawsuit of 27-Jul-2011 the total aggregate value for all mortgage lawsuits is $199.6 billion - if TARP was $700 billion would that imply 1 Trillion USD in bad mortgage paper - the only solace I have is that Jamie Dimon (Top Notch Thief that HE is) wins the top prize on the FHFA listing at a mere $33 BILLION USD!

Fri, 09/02/2011 - 21:48 | 1628719 Atlantis Consigliore
Atlantis Consigliore's picture

We got it, its called elections 2012

Sat, 09/03/2011 - 08:58 | 1629291 krispkritter
krispkritter's picture

Do the Japanese hold 'erections'?

Fri, 09/02/2011 - 21:56 | 1628732 ShankyS
ShankyS's picture

Movie I made tonight with the little shankys since you have nothing better to do - 

 

http://www.youtube.com/watch?v=Sbjnufk5dl4

Fri, 09/02/2011 - 22:01 | 1628735 sellstop
sellstop's picture

I was sitting out by the garden. Drinking a few beers. I have added several terraces to my hillside garden and have hauled a lot of horseshit and cowshit the last couple years. But as I was looking at what was growing I realized that the bottom line is WATER.

You can grow all the food you need, anywhere almost, if you have the water.

WATER.

Sincerely Cerveza,

gh

Fri, 09/02/2011 - 22:58 | 1628804 James
James's picture

In the future, "Water from air" will be common.

Their is 4 quadrillion gallons of water in the atmosphere at any given moment.

Co's are doing it now but it currently is not cost effective. This method is as old as mankind.The main issue, of course, is power.

Also, arid states/countries are able to plant using styrofoam beads that retain the water.

For example, Israels swanky hotels/reidences are planting palm trees and other landscaping products that otherwise require lots of water w/this method.

Google Air to water if interested.

I'm testing a basic system using a indoor swimming pool dehumidifier w/the water cleaned thru a "Big Berky" type filtration system. I will then test that water. This will run on solar panels/battery bank.

I'm willing to bet I have cleaner water than I currently get from the tap.

One must have a relative humidity of 45% plus for this to work.

I'm currently in Florida so that's not an issue.

Fri, 09/02/2011 - 23:19 | 1628860 tip e. canoe
tip e. canoe's picture

very cool idea James, please keep us informed of your experiment.   how much h2o can you collect a day from such a system?

Fri, 09/02/2011 - 23:37 | 1628886 Cheesy Bastard
Cheesy Bastard's picture

Turn your dehumidifier on high and you can find out too.

Sat, 09/03/2011 - 00:32 | 1628939 James
James's picture

tip e. canoe - I'm looking to process 600 -800 gallons per month to start.

The relative humidity percentage is the key.

the higher the r/h, the more i'll process.

Also, planting that long ornamental grass, for example, around the equipment is going to help.

You harvest more at night than day

Energy wise,It may only pay to harvest at night.

Again, this concept is thousands of years old.

Think dew point.

Here' another concept for a solar cooler.

 Take a 10 gallon pastic bucket.

Punch 2" holes all around it.

Put steel screen around bucket(inside).

Get another 6 gallon bucket and put inside 10 gallon bucket.

Fill gap w/sand, denim from old jeans,old cloth,etc soak medium w/water and set in shade in the wind.

No wind? use a 12 volt fan.

Evporating water cools inner bucket.(Your cooler)

Think how when sweating and wind blows it's cool.

Arabs have done this in the desert w/clay pots for thousands of years.

Sat, 09/03/2011 - 01:58 | 1629033 blunderdog
blunderdog's picture

Water's the single most important survival resource, but the concept doesn't work in places where it's actually hard to come by. 

You can plant a bottle-tree in LA or Tucson or Phoenix, but it's not going to help you much.

You really think you're going to run low on water in Florida?

Sat, 09/03/2011 - 02:55 | 1629105 James
James's picture

"You really think you're going to run low on water in Florida?"

 

Yes,if it's grid down.

Yes,  retreat property w/no source.

Yes,i'm thinking outside the box - planet's a bit bigger than just Florida.

Anywhere on this planet w/a relative humidity above 45% that currently have no source of clean drinking water.

Haiti comes to mind. All of the tropics.

A mind is a terrible thing to waste - Think man!

Sat, 09/03/2011 - 02:59 | 1629109 blunderdog
blunderdog's picture

I'm all for thinking about water supply.  I admit I'm no expert on Florida.  In the Florida mountains far from the beach, I agree it would be the best approach. 

Otherwise I'd try digging a hole.

Sat, 09/03/2011 - 04:11 | 1629142 James
James's picture

Blunderdog I recently found a guy in Tampa who claims he can find non-potable water source at 5 - 10 feet in most areas.

Since Fl. is basically a swamp I believe him.

If I'm able to get anywhere on this project it will be something that has possibilities worldwide - especially w/an unknown crazy world we all face.

My plan is to start small and keep detailed records daily so i know what's working and whats not.

I'm collecting parts now - have a total of 11 solar panels so far i got off Craigslist cheap so i have almost 1,000 watts of power per hour now b/4 factoring ineficencies.

 

Sat, 09/03/2011 - 09:56 | 1629345 prole
prole's picture

F;Florida- overabincdance of water in rain non? Free water falls by magic onto yoru property. U can retain all you want for free. Untin water naxis find out and jail u. Land of the fee

Sat, 09/03/2011 - 22:43 | 1630573 tip e. canoe
tip e. canoe's picture

good lookin out james.   gonna remember this one.

Sat, 09/03/2011 - 02:43 | 1629091 geekgrrl
geekgrrl's picture

The main issue is power. How many kilowatt-hours does it take to produce a liter of water with a dehumidifier? You're going to destroy your batteries very quickly by deep cycling them day-in and day-out to do the water collection at night. You can oversize the system to reduce the depth of discharge, but you're still going to be working the batteries pretty hard. Doesn't seem very sustainable to me, but if you've got plenty of power and no water, then it's a no-brainer.

Generally, I think the idea of capturing water from the air is a great idea. I live in the Pacific Northwest, and the humidity here is high almost all the time. But it has been my observation that nature has already crafted a species singularly suited to capture water from the air: trees. Yet we keep cutting them down at a startling pace. Maybe it would be a better idea if we priced into the cost of lumber the cost of not having water when we need it? Trees capture water from the air and release it later to streams. They also reduce flooding by absorbing water through their roots.

We can ignore and discount the services of nature up and until the point where they fail and we are left to try to engineer solutions that are staggeringly less efficient than the solutions Mother Nature has selected.

Sat, 09/03/2011 - 03:28 | 1629122 James
James's picture

You're right geekgrrl about the power issue.

I stated that above.

And you're right about depth of discharge and the need to oversize both the solar panels and the battery bank.

Having used/installed solar systems I'm aware of all, or at least most of these issues I face at this point.I was off-grid for seven years on solar once.

Storage batteries are designed to take a 50-60 % depth of discharge day in day out.

I will size my dehumidifier to my system.

There is also a dissacant system in prototype where very little power is used - one fan to pull moist air into dissacant and a low volt machine to pull moisture back out.

When I had my medical marijuana card in Ukia, Ca. I used solar to power my grow lights for a third of my demand everyday - talk about suckin' power! The rest was by generator.

In no way am I suggesting I don't have obsticals to overcome.

Keep in mind ...........................

it took almost 10,000 attempts to perfect the incandescent lightbulb for that guy.

 

Sat, 09/03/2011 - 13:54 | 1629694 Hulk
Hulk's picture

Pulling water from air is illegal as it deprives others from the use of water in air...

Sat, 09/03/2011 - 18:44 | 1630224 zerozulu
zerozulu's picture

Soon breathing in air will be illigal because it deprives of others from Oxygen, right!!

Sat, 09/03/2011 - 09:20 | 1629310 krispkritter
krispkritter's picture

Wondered at whether a solar 'ice maker' could be used to create the chilled coils that would condense the moisture from the air? It's often referred to as a 'Solar Ammonia Absorption Icemaker'. Sun during the day would power it and you might only require power for a fan to keep air circulating...

Sat, 09/03/2011 - 12:32 | 1629513 James
James's picture

KrispKritter - Thanks for your input on this. I'm looking at everything to do this.

Frustrating part of this is knowing all my eventual parts are in fact sitting on a shelf right now.

I really only need to chill to maybe 50 degrees.(Dew point)

Sat, 09/03/2011 - 21:47 | 1630502 krispkritter
krispkritter's picture

Here's a link to a bunch of projects. 

http://www.builditsolar.com/Projects/OddProjects/odd_project_refs.htm 

The first plans I saw for this are about 3/4 down the page, Home Power #93. I think the links are broke but I have a collection of these somewhere. Let me know and I can probably put a link on SkyDrive you can see.

Sat, 09/03/2011 - 10:54 | 1629409 slewie the pi-rat
slewie the pi-rat's picture

@ James/ water from air

in a local logging case, some shithead was denied a logging permit on a grove of old growth redwoods that he owned a few years back in a landmark CA case somewhere near Occidental

the legal argument was that the trees condensed water from the coastal air and actually provided the source for the "headwaters" of a small, but identifiable watershed.  of course, the jury was probably just a bunch of hippies, tree-huggers, great musicians, "farmers" and culinary artists, in that "hood", with a token enologist or two so the brewmasters wouldn't get too cocky

at any rate we now have a legal precedent that norCali was a freaking rain forest b4 they clear-cut the ~98.6% of the fuking place

so, the next time one of those butterflies sneaks up on tyler and screams: "QEIII" maybe the quantum field will collapse on having convicted banksters and fascists re-plant the whole western 1/3rd of the nothern 1/2 of the state with these babies so their children and grandchildren will have a decent place to live

clothing optional

Redwood Grove - Wikipedia, the free encyclopedia

Coast Redwood

Richard Preston on the giant trees | Video on TED.com

Sat, 09/03/2011 - 12:18 | 1629532 James
James's picture

Slewie - That does'nt surprise me at all.

Both the logger issue and rainforest.

NorCal gets alot of rain.

Just walking in those forests is incredible

Sat, 09/03/2011 - 22:23 | 1630554 tip e. canoe
tip e. canoe's picture

FCI Bohemian Grove

Sat, 09/03/2011 - 09:16 | 1629306 krispkritter
krispkritter's picture

Hugelkultur...

Sat, 09/03/2011 - 22:20 | 1630547 tip e. canoe
tip e. canoe's picture

...for free with used xmas trees. 

Fri, 09/02/2011 - 22:04 | 1628739 Arkadaba
Arkadaba's picture

You guys kind of suck and I'm a girl! Whatever

Fri, 09/02/2011 - 23:38 | 1628889 Cheesy Bastard
Cheesy Bastard's picture

What kind of suck?  Buy you a drink?

Sat, 09/03/2011 - 06:26 | 1629196 DefiantSurf
DefiantSurf's picture

Thats a great story....now take off your clothes

 

Fri, 09/02/2011 - 22:23 | 1628775 Yen Cross
Yen Cross's picture

 Tyler let's postulate( Risk) ( REWARD)...>   Captcha style...     Can I go 2012 on the ( Netherlings?)...<

Fri, 09/02/2011 - 22:33 | 1628792 chindit13
chindit13's picture

Has anyone noticed the striking resemblance between Moammar Qadhafi and Bill Maher?  Seriously.

Fri, 09/02/2011 - 23:02 | 1628833 Shineola
Shineola's picture

Uh oh!   Look out, Bill!   NATO invasion ahead. 

Sat, 09/03/2011 - 04:26 | 1629150 James
James's picture

Maybe that's because they're both jews?

Fri, 09/02/2011 - 22:44 | 1628807 treemagnet
treemagnet's picture

Mumford & Sons, the song "dust bowl dance"

Download it if I've ever even made a lick of sense to you.  (Whats's $.99 at this point, right?)  Its a great tune.  Speaks like everything we've ranted and raged about so far.

Take a deserved break folks, plenty of mayhem left for all.  Happy Labor Day. 

Fri, 09/02/2011 - 22:59 | 1628826 Yen Cross
Yen Cross's picture

 If? and just  if?  Gosh, I 'm a mad cow...

 

      It's my turn to light up a ( Thread)   Sunday open. < silent>

Fri, 09/02/2011 - 22:59 | 1628830 Shineola
Shineola's picture

I'm just going to have a nice quiet weekend at home.....

I'll probably work in my wood shop.   Maybe carve some Indian ebony....

Until the friggin US Fish and Squirrel Cop SWAT team comes and pulls a Waco on my sorry ass....

Nah, maybe I'll just roll a doob instead.   Go Obama!

Fri, 09/02/2011 - 23:08 | 1628842 Yen Cross
Yen Cross's picture

 I would call you { Politus Maximus}...    Can we share some good ( BEER)?

    Thanks  with respect,   YEN_

Fri, 09/02/2011 - 23:01 | 1628832 Sequitur
Sequitur's picture

So, what are people doing to prepare for a potential market and/or currency crash. And I mean something besides physical (already have mine, locally and overseas, I hope some of you do the same). What practical things are people doing to prepare? Maybe you have a couple of links to some practical advice.

Thanks all.

Fri, 09/02/2011 - 23:36 | 1628846 Yen Cross
Yen Cross's picture

The european courts are ( PRICELESS)   Relax.   I'm looking forward to the gaps!   

Sat, 09/03/2011 - 01:49 | 1629024 blunderdog
blunderdog's picture

Have some cash (yes, I know it's a currency crash, but news will take time to travel--you may be able to use information lag to advantage)
Have some gasoline
Have some tobacco
Have some alcohol
Have some coffee
Have some tampons/pads
Have a flashlight
Have a radio
Have a few gallons of simple bleach
Have someplace to go where no one is likely to notice you or think you could have anything
Have SEVERAL WEEKS worth of food and water that YOU YOURSELF can use to survive when shit's really bleak and you can't move around because shit's scary outside

(The commodity list can be arbitrarily long depending on your concerns--prescription meds that you really depend on, illegal drugs in environments where they are prevalent, raingear/coldweather gear, generator, tent, inflatable boat, shovel, saw, etc etc etc--this is all based on what you can do and where you are located--be realistic)

Have the most crucial commodities divided and stored in different locations

Have some valuables that you think you might trade for any/all of the above

Be 100% fully prepared for everything that you use and rely on on any given day to cease to exist, to be stolen, or to become inaccessible

The real key, no matter how you slice it, is mental preparation.  You're statistically not likely to be the biggest badass, no matter who or where you are.  Being ready to recover from loss is a far more important mindset than being confident you'll never lose.

You should be able to set up most of the key elements of the survival kit for a few hundred bucks.  If you want to get into self-defense, of course you'll need a handgun and some ammo in the urban environment and a rifle in any part of the world where there's a horizon.  That's a matter of preference, though--if you don't know how to use a firearm, learn before you start thinking it's going to help you--a weapon you don't know how to use is far more dangerous than no weapon at all.  If some raider comes to steal your shit and you pull a gun, it's a best man kind of contest.  If you don't pull a gun and let him walk away with 20% of your resources, you may be the winner.

(This is pretty obvious stuff, but the chance that we'd see a currency crash in the USA without really advanced warning is about zero.)

Sat, 09/03/2011 - 04:04 | 1629139 jomama
jomama's picture

better hope it doesn't come to the paradigm you described, because if it does, there's 44some-odd nuclear reactors worldwide set to melt down without regular maintence.

then we reach extinction event.  quick style.

Sat, 09/03/2011 - 04:26 | 1629148 blunderdog
blunderdog's picture

I've heard a fair amount of hype about "extinction" events, but I'm skeptical.  Humans are smart (even the dumb ones), relatively tough, and EXTREMELY adaptable.  I don't think any human failure or collapse is going to extinct us.  I think that'd take "astronomical" disaster we won't predict.  A sufficiently large meteorite strike, solar disruptions, etc.

I DO think we could destroy the species if we set our minds to it, but without a concerted goal, pockets of us will outlast the average cataclysm.  Including something like an all-out thermonuclear exchange.

(If you've read some of the 50's "research" about MAD, you know what I'm talking about.)

Sat, 09/03/2011 - 05:45 | 1629174 mess nonster
mess nonster's picture

442 nuclear reactors. Plus spent fuel. Maybe all that ionizing radiation will generate some beneficial mutations. Very least there will be dead zones no-one will be able to enter- right smack in the middle of the earth's most habitable areas. What a bitch.

Sat, 09/03/2011 - 10:00 | 1629349 krispkritter
krispkritter's picture

www.survivalpodcast.com http://survivalblog.com/ http://www.preparedsociety.com/forum/ http://www.survival-homestead.com/  to start. I would forego the 'I bought a year of dried food I'm good' mentality. Think minimalism.  Shed your debt, cut expenses, throw out your TV, stop your magazine and newspaper subscriptions, stop eating out and learn to cook, learn to grow things, turn off your power for 3 days and figure out how do without it, etc. Aside from what I need for my work, I cut out everything frivolous. I'm not sitting in the dark eating beans from a can, there is no reason to 'suffer', but I'm not buying Beluga and sucking on Cristal either. Exited the markets early this year, went to PM's. I collect junk silver as a hobby. I encourage my neighbors to prepare based on the need to survive a hurricane, it seldom works but I fit it in there when I can. Wrap your mind around doing without. Read 'Lights Out' or 'One Second After' for some good fiction... And while most people think that you can't be happy without all the toys, I, along with alot of others, think if you take the time to stop and grow the roses, your appreciation of life moves to a whole new level.

Sat, 09/03/2011 - 13:31 | 1629651 gall batter
gall batter's picture

have some physical too but if it ALL comes crashing and i'm gonna be crushed by blackwater XE, i'll come up with a way to commit suicide.  

Sat, 09/03/2011 - 21:29 | 1630478 slewie the pi-rat
slewie the pi-rat's picture

stop pretending you're not a superhero, g_bat!

Fri, 09/02/2011 - 23:08 | 1628843 lolmao500
lolmao500's picture
Israel Objects to Palestinian Statehood to Avoid War Crimes Investigations

http://news.antiwar.com/2011/09/02/israel-objects-to-palestinian-stateho...

A secret State Department diplomatic cable released by WikiLeaks has revealed that one of the primary reasons behind Israeli objections to Palestinian statehood is that lack of statehood keeps Palestinian territories outside the jurisdiction of the International Criminal Court (ICC), which prosecutes war crime.

Fri, 09/02/2011 - 23:32 | 1628880 oobrien
oobrien's picture

I have a stupid fucking question.

Do you think zerohedge gets monitored by governments around the world?

I think this place represents a threat to the status quo.

Just my two cents.

http://geraldcelente.proboards.com

Fri, 09/02/2011 - 23:38 | 1628888 Yen Cross
Yen Cross's picture

 Blahh Blahh! I'm going to Knock some sense into (   Timmah...>

Sat, 09/03/2011 - 11:13 | 1629440 slewie the pi-rat
slewie the pi-rat's picture

nobody home.  just calente taking his 4,000th dump thru these guys on zH (even worse than swami "ORI" Vivekanananananda) and the people who are asleep will never get it and just keep replying to his standard cutesie, "Just my 2 cents worth, " and it will never dawn on any of them (and i'm starting to wonder about tyler, too, here, Y/C) that he never answers b/c he isn't human

he's been doing this for six weeks straight!  click on his "name", hit the "track" tab, and click on any 3-4 of "his blogs":  people can see for themselves!  true!

all the other trolls and doorknobs keep giving him the "green" and if tyler doesn't take this shithead out, pdq, i'm gonna stop being a nice guy, here and start calling mr durden fuking O-U-T if front of 1,000,000/ day clicking idiots and maybe give the boy a little BIGGER piece of my slewie mind. 

but, i'll be nice while he's drinking this heavily.  don't worry!  trust me,  BiCheZ!!!

Sat, 09/03/2011 - 03:52 | 1629129 geekgrrl
geekgrrl's picture

Of course ZH is monitored by governments.

As for a threat to the status quo, I doubt it. What better way to monitor what the informed dissidents of the world have to say? Commentary here probably ends up distilled in Celente's Trends Report. I wouldn't blame him. There are a lot of smart folk here.

What's the term? Bleeding edge, early adopters, visionaries. radicals, revolutionists?

Sat, 09/03/2011 - 04:43 | 1629154 James
James's picture

"I think this place represents a threat to the status quo."

Really? Gee, I thought the status quo represented a threat to the U.S. citizenry!

Can't we all just get along?

Seriously though, I'm just here for Leos hard-hitting,spot on,submissions!

Anybody seen him lately???????

 

 

 

 

Sarc

Sat, 09/03/2011 - 07:56 | 1629236 doggings
doggings's picture

ZH is definitely monitored by all kinds of organisations.

if you look at this image from another site's web stats, you can see that in that instance the DOD had been referred there from ZH. 

Sat, 09/03/2011 - 10:27 | 1629385 slewie the pi-rat
slewie the pi-rat's picture

T-R-O-L-L

adverti-bot*

* see:  "ORI"

Fri, 09/02/2011 - 23:40 | 1628892 Cheesy Bastard
Cheesy Bastard's picture

Anyone got any fantasy football advice for this year?

Sat, 09/03/2011 - 01:32 | 1629002 penisouraus erecti
penisouraus erecti's picture

Drafting in position #1 helps

Sat, 09/03/2011 - 02:01 | 1629039 Cheesy Bastard
Cheesy Bastard's picture

Not so much, since most leagues go up the rotation and back down.  1 2 3 4 5 6 7 8 8 7 6 5 4 3 2 1.  That is 14 picks between your 1st and 2nd pick.  I prefer to draft around 5th, actually.  Only about 7 picks in between.  Who would you pic number 1, though?.  (Hint: Adrian Peterson)

Fri, 09/02/2011 - 23:40 | 1628893 monopoly
monopoly's picture

Thank you Zero Hedge for all you do for us. A peaceful weekend, if possible.

Fri, 09/02/2011 - 23:59 | 1628914 High Plains Drifter
High Plains Drifter's picture

http://www.firetown.com/blog/2011/03/04/lets-roll-forums-william-rodrigu...

william rodriguez, a complete fraud and a liar.......

last man out my ass..........

Sat, 09/03/2011 - 00:23 | 1628931 Yen Cross
Yen Cross's picture

  Hey snidley ya ( worthless trial lawyer) am I right?    Get ready for fire on your door step y

 

 

                                                                                                         SCUM BAG>>>>

Sat, 09/03/2011 - 00:28 | 1628937 Yen Cross
Yen Cross's picture

SnidleyWhipsaw is a scared little boy.  The guy couldn't find a Fibi if you payed him for it!

Sat, 09/03/2011 - 00:44 | 1628959 High Plains Drifter
High Plains Drifter's picture

http://how911wasdone.blogspot.com/

interesting discussion on how 911 was done............

Sat, 09/03/2011 - 01:03 | 1628979 Arkadaba
Arkadaba's picture

Mmmm can we say no to 911 stuff in the next few days. Breaks my heart and is very divisive. Not that it shouldn't be discussed but I'm dreading the MSM coverage.http://www.youtube.com/watch?v=liIQLIx2Onw&feature=player_embedded

Sat, 09/03/2011 - 11:26 | 1629458 thedrickster
thedrickster's picture

Any chance WTC7 comes up next week? It's still the Empire's achillies heel, if the sheeple ever take notice TPTB are toast.

www.ae911truth.org

Of course the Empire has moved to prevent the most dangerous voices from being heard:

http://www.examiner.com/nonpartisan-in-philadelphia/9-11-first-responder...

 

Sat, 09/03/2011 - 01:27 | 1628995 Arkadaba
Arkadaba's picture

Labour links:

http://www.youtube.com/watch?v=Nb1clTRYgSM

And btw, Keifer's grandad is Tommy Douglas: 

http://www.youtube.com/watch?v=C2oUInTUlAM

Sat, 09/03/2011 - 01:49 | 1629004 brutus keynesius
brutus keynesius's picture

i'm going to print more money and stimulate you all over the weekend, bitchez!

 

Fannie and Freddie strike again in early September, just like 2008!

Sat, 09/03/2011 - 01:54 | 1629028 Milton Waddams
Milton Waddams's picture

 

[–]P33J 2591 points 11 hours ago* 

As a former employee of a vegetable farm, let me give you an explanation of how selling vegetables to Wal-Mart works.

First you make an agreement with Wal-Mart to sell them X bushels of produce at Y price/bushel. You spend the entire week ramping up production, bringing in more pickers and hiring more packers to ensure you get your X bushels of product. You are especially picky about the quality of your product, because Wal-Mart's business represents a dynamic increase in sales and you want to impress them. You have everything picked, packed and prepped for Wal-Mart's pick-up (they always want to make the pick-up, rather than pay you to deliver) on Friday.

Next, Friday comes and goes, Wal-Marts truck never shows up. In fact, it doesn't show up for 4 days, all the while your fresh produce, which Wal-Mart has signed an agreement to buy and pick up on Friday, is rotting in the box. Nobody at Wal-Mart knows why the truck hasn't arrived, but they're rerouting to you immediately, assuring you that you will not be held responsible for the losses. Tuesday roles around and the Wal-Mart truck shows up at 6pm and hour after you usually close up and go home. You've now paid your entire company for an extra hour of work, as you wait for the promised truck to arrive. It finally does arrive, and it comes with a Wal-Mart inspector.

Now the fun begins. The Wal-Mart inspector starts going through the produce that you picked and prepped for a Friday pick-up, at 6:30pm Tuesday. He/she immediately begins marking crates as below agreed upon quality, assuring you that you will be compensated full-price for these crates, and that he/she is just marking them so that the produce that is below grade is sent to Mexico or something. Finally, the inspector allows the fruit to be packed into Wal-Mart's non-refrigerated truck at about 8 o'clock. Again, you're paying your employees to wait to do this the whole time. They close up the truck, and tell you that you should receive your payment in a few weeks, and have you sign a receipt.

This is where it gets fun. The truck doesn't take the fruit to the nearest refrigerated Wal-Mart Distribution Center. Instead, it goes another day out of its way, to unload. When it gets there, the unrefrigerated fruit is inspected again. It's now been 5 or 6 days since it was supposed to be delivered to the refrigerated distributorship and there's been about a 30% loss of product. You're contacted by Wal-Mart and told that the product was not in the agreed upon condition and that they will be deducting a loss-penalty of 50% to your agreed upon price and will not be paying for the 30% of lost product. However, they will keep that lost product and use it in some sort of paste or juice or other form of private label Great Value product that can use the product. You protest Wal-Mart's unilateral negotiation and they tell you that they can refuse delivery of the product and have it shipped back to you, but you'll pay for the shipping (Pay Wal-Mart's trucks, not yours). You threaten to sue, and they remind you that they have a 100millon dollar retainer with the very best lawyers money can buy, and that while you will probably win the case, you'll be in litigation for at least 10 years (because Wal-Mart's already paying these guys anyways) and at best you'll get your agreed upon price, while paying your own lawyers $400/hour for 10 years to sue them for what amounts to $50,000.

So you swallow your pride, you take your 75% loss on the signed contract and then they ask you if you'll be able to make your next shipment, as per your contract, Wal-Mart has the ability to extend, however, because China is selling them Lead contaminated produce at 10% what you're selling, they're renegotiating the prices for "market value"

And thats when you send them the stuff you throw out when you sell to Krogers.

EDIT: bluegender is correct

TL;DR - Wal-Mart screws their suppliers, laughs at lawsuits, and then demands you uphold your end of the contract, all in the name of saving you money.

 

Sat, 09/03/2011 - 06:35 | 1629199 falak pema
falak pema's picture

this is the strategy of all retail chains, the mother of Dominant play BUYING CENTER MODELS; they are out to screw the small guy buy twisting his arm in dominant position. ALL OVER THE WORLD, ALL THE OLIGARCHS DO THAT.

Now this model of buying center 'screw the small guy', is prevalent in all walks of life, MIC, Energy, Retail, Pharma, Chem, Oil, and Public Services, like waste treatment, housing, utlities, you name it. The biggest betrayal of the free market, innovative, capitalist model is the Oligarchy play. With government complicity. That's the killer! The whistleblower is on THEIR SIDE!

So how is this model different to the totalitarian alternative. We should be asking ourselves this basic question.

IS THE CHINESE, ONE PARTY, ONE STATE/CRONY CAPITALISTIC PRIVATE ENTERPRISES MODEL THE FUTURE OF THE WORLD???

We are heading that way...

Sat, 09/03/2011 - 10:24 | 1629379 Rockfish
Rockfish's picture

The only difference most of us can make is through boycott. I have moved from BBT bank to a local Credit union, I do not purchase from WM or the like, I have installed 4.5kw solar (its a start) and I make a real effort to support local business.

Yes this is more work but for me the reward is knowing that i am starving the beast, maybe a tiny bit but its my

Sat, 09/03/2011 - 10:10 | 1629363 krispkritter
krispkritter's picture

I remember reading about a guy selling lawnmowers or something, jumped through all the hoops for Wally World, got approved, then thought about what he was doing, basically selling his soul to the devil, and told them to pound sand. WM sold out America, one container at a time and we bought it, literally. Now they've moved on to far reaching markets and are probably copying the same predatory buying that ruined businesses here, all for the glory of the uptick in sales. Wouldn't work for or buy from them again. And in the scheme of things to come, I hope they tank big time, or at least their stores get looted like during Katrina, worldwide...

Sat, 09/03/2011 - 11:48 | 1629490 bill1102inf
bill1102inf's picture

Sorry but WMT does not import fresh fruit or veggies from China to the US.  Second, if China 'would' sell them fruit and vegs for 10% of what it sells for here, then every fruit and veggie place would be out of business.  OH WAIT, they dont sell it for 10% and fruit and veg farms here have no problem selling their products.  Furthermore, since farming began in America, prices for veggies have always gone  up, on average, and the price of wholesale (what the farm gets) produce has gone up  A LOT in the last 10 years while fixed costs have stayed the same or gone down. 

Its amazing that one can go to the local 'veggie fruit stand' and buy from them for 50%-75% off what the grocer down the street is selling for. Those stands are NOT farms, they are buying from farms and making a profit on it. So, if its $4.00/lb at WinnDixie and $2.00 at the market then they BOTH bought whatever it is for around $1.00/lb.  That $1.00/lb has increased steadily over the years along with retail price.

 

Its amazing that you can buy produce grown at local sustainable farms (that dont employ illegals) for less than what you can buy FACTORY farmed, illegal picked, Genetically Modified, Agent orange sprayed tasteless veggies from at many supermarkets.  The same goes for dairy, meat and eggs.

 

Someone along the way is MAKING A LOT OF MONEY (as usual), and its the Factory Farmer plain and simple.

Sat, 09/03/2011 - 02:51 | 1629100 Moon Pie
Moon Pie's picture

Go long liberty.

Short Tyranny.

Sat, 09/03/2011 - 03:52 | 1629126 Strike Back
Strike Back's picture

Every time you look down at us for our vapid, materialistic, idol worshipping lifestyles, just remember, it was YOU who owned VIACOMM/MTV that taught your daughters to be whores.  It was YOUR retirement accounts that put every fucking dime of your "diversified" portfolios into "blue chip" stocks and into worthless U.S. debt, and it was YOU who maxed out your credit cards keeping up with the Joneses buying every HD 3d TV and McMansion that you could get your obese, Applebee's finger licking hands on.  When you bitch about how the young are demotivated and lazy, just remember it was YOU who built and fed us the MAC EEE DEEEEZ and taught us that a Nordstrom card with a belly hanging out and a limp dick was the ultimate goal of life.  Viagra my ass.  Fuck you.  Fuck your entire matierialistic, externally validated, prozac rested and Zoloft lifted generation.  The boomers will end up in government funded gulags.  And I don't give a flying fuck.

Sat, 09/03/2011 - 08:10 | 1629226 Bob
Bob's picture

Most of us boomers spoiled our kids rotten alright, but not all of them turned out to be pathetic losers whose best imitation of having balls is RAGING guilt trips. You poor, poor thing. 

No doubt that has gotten you far with your own sad parents, boy.  Good luck with that if you ever leave their basement.

Sat, 09/03/2011 - 09:29 | 1629321 chindit13
chindit13's picture

Did you sneak in before Roe v. Wade?

Sat, 09/03/2011 - 11:03 | 1629427 EhKnowKneeMass
EhKnowKneeMass's picture

How about wanting to fuck while flying? Would that change you mind?

Sat, 09/03/2011 - 03:54 | 1629130 chealy3
chealy3's picture

no time for peace, less haste, more action...

Sat, 09/03/2011 - 03:58 | 1629133 chealy3
chealy3's picture

you are all boring, including tyler. You continoue to speak but lack to change.

Sat, 09/03/2011 - 03:59 | 1629135 chealy3
chealy3's picture

you are all boring, including Tyler. You continue to speak but lack to change.

Sat, 09/03/2011 - 05:57 | 1629178 mess nonster
mess nonster's picture

You're pretty dam boring yorself, Mr?Ms BluetoothSihouette. Don't you have anything to say?

As for change, tell me, what change are you maifesting? My guess- you're some nihilistic wannabe, whose "change" is sitting around in coffee shops, bitching about "stuff'. It's the same thing we do here, just not as witty, or as intersting.

Really, are you feeding the homeless? Blockading nuclear power plants? Growing organic food with draft horses? Somehow I doubt it.

Sat, 09/03/2011 - 05:10 | 1629164 David99
David99's picture

Every year to get higher bonuses, the perfect timely plan is to "create crisis at the right time, right place" and get QE gifted trillions.
Fraud Street has become so perfect that they will bring all bad data / results during Sept / October of each year so as to scare WH/FED/Capitol Hill so as to get maximum trillions before Christmas. The "operation twist" is going on for many years and will continue for next many years till USD is no more "reserve currency"
When the rest of the world will realise that USD is in the toilet, there would be a World War and whoever will win will get the status of "reserve currency"
Note down this above comment by David in your diary. However having said that, it will take few more years (say 5 to 15 years from now) to have WW3

Sat, 09/03/2011 - 06:03 | 1629182 mess nonster
mess nonster's picture

Since it's three in the morning, and I'm at the end of a long thread, which guarantees no-one will read this comment, except some gov't surveillance bot, (howdy, Hal), I find it interesting that the economy, entirely controlled by humans, is disintegrating just as some seriously fucked up rocks are enterig the solar system.

Maybe we sense our impending doom, and are subcpnsciously trying to deleverage before the giant Elenin/Planet X shit storm hits.

WW3 is inevitable, but it will be a diversion. Whatever happens down here in the human world of global finance will seem, in retrospect, to be mild and stimulating fun.

Sat, 09/03/2011 - 07:52 | 1629235 lolmao500
lolmao500's picture

This shall be fun :

http://www.haaretz.com/news/diplomacy-defense/report-turkey-navy-to-esco...

Report: Turkey navy to escort aid ships to Palestinians in Gaza

Turkish officials tell Hurriyet Daily News that Turkish navy will strengthen presence in eastern Mediterranean Sea to stop Israeli 'bullying'.

"The eastern Mediterranean will no longer be a place where Israeli naval forces can freely exercise their bullying practices against civilian vessels," a Turkish official was quoted as saying.

As part of the plan, the Turkish navy will increase its patrols in the eastern Mediterranean and pursue "a more aggressive strategy".

According to the report, Turkish naval vessels will accompany civilian ships carrying aid to Palestinians in the Gaza Strip.

Additionally, Turkish Prime Minister Recep Tayyip Erdogan instructed his foreign ministry to organize a trip for him to the Gaza Strip in the near future.

Sat, 09/03/2011 - 11:16 | 1629446 bill1102inf
bill1102inf's picture

Well, I predict Turkish ships sitting on the bottom of the MED then.

Sat, 09/03/2011 - 08:55 | 1629289 Mediocritas
Mediocritas's picture

More broken market information from Bloomberg:

Stocks in the S&P 500 moved in lockstep with each other by the most since at least 1990, according to MF Global Holdings Ltd. The average correlation coefficient between the 500 companies and the index was 0.8268 on Aug. 18, using 60 days of data, according to MF Global. The increase shows investors were ignoring the merits of individual stocks and instead reacting to news about the economy, said Craig Peskin, co-head of technical analysis at the New York-based securities firm.

http://www.bloomberg.com/news/2011-09-02/etf-volume-surges-most-since-20...

ETFs have taken over meaning that underlying stocks don't track economic reality and creating huge risk for anyone who tries the old approach of stock-picking. Also means that old hedging strategies no longer work (which is why hedge funds are packing it in left, right and centre and turning into bot shops), and because ETF market activities (cascades) are simple to reverse engineer, bots would have a field day front-running them.

ETFs are attractive, but their influence has been to dumb down the market enormously, simplify the ecosystem to the point of stupidity, decrease the resolution, leading to more shocks as reality inevitably finds individual stocks.

Sat, 09/03/2011 - 09:13 | 1629300 Landrew
Landrew's picture

Has anyone else noticed zero volume in options trading other than BAC? Thursday I tried to buy 300 puts on GE and could not get a fill until I lowered my buy to 200. I could not get INTC puts until I lowered my bid to 200? Seems BAC is the only options trade now. I am not sure what this means other than wait for more signs of QE3? One more question, anyone else notice the premarket ramp using 100 share lots?

Sat, 09/03/2011 - 10:21 | 1629355 MoneyWise
MoneyWise's picture

You gotta sell options instead of buying them, especially on the day like yesterday, with high IV. IMHO Why do you sell bottoms anyways?

Buy CALLS sell puts on the down day and Sell Calls, buy puts on the UP day, and what you are doing is exact appositive, (Buy low sell high, heard that before?) it's your money of course..

Good luck to ya.

Sat, 09/03/2011 - 10:03 | 1629353 MoneyWise
MoneyWise's picture

"Apple Employee Loses Prototype iPhone in Cava 22 Bar- San Francisco! iPhone 5?"

http://hitechanalogy.com/apple-employee-loses-prototype-iphone-cava-22-b...

"CNET reports that the lost prototype iPhone 5 may have been sold out on Craigslist for $200."

:)))) Probably Chinese stole it.

Sat, 09/03/2011 - 10:18 | 1629374 High Plains Drifter
Sat, 09/03/2011 - 10:31 | 1629386 krispkritter
krispkritter's picture

Wonder how many of my tax dollars go to support those turds and provide them the ability to stand around all day and practice free speech that someone else died for...bring that crap out here when the checks stop and see what my response is...

Sat, 09/03/2011 - 10:37 | 1629394 MoneyWise
MoneyWise's picture

Abraham Lincoln (ironically Obama's favorite leader)unfortunately was short on the money back then to ship all those bums back, but the motion was planned, that's who was need a TARP at that moment for sure.

Sat, 09/03/2011 - 11:17 | 1629448 High Plains Drifter
High Plains Drifter's picture

he tells his friend to read the Bible and the man can't even hardly read it........

 

the product of government schooling and political correctness and forced diversity in schools...

 

 

Sat, 09/03/2011 - 10:27 | 1629383 thedrickster
thedrickster's picture

Operation Fast & Furious appears to be Iran-Contra^2. Now that the transition to Amerika is complete, will anyone notice?

Sat, 09/03/2011 - 10:27 | 1629384 Flakmeister
Flakmeister's picture

Remember the paper that came out at the end of July that was trumpeted as the death-knell of AGW?

http://www.bbc.co.uk/news/science-environment-14768574

It was published in an "off-topic" journal... anyway the editor resigned...here is his mea culpa:

In essence, Dr Wagner, a professor of remote sensing at Vienna University of Technology, is blaming himself for this failing.

But he also blames the researchers themselves for not referencing all the relevant research in their manuscript.

"The problem is that comparable studies published by other authors have already been refuted..., a fact which was ignored by Spencer and Braswell in their paper and, unfortunately, not picked up by the reviewers.

"In other words, the problem I see with the paper... is not that it declared a minority view (which was later unfortunately much exaggerated by the public media) but that it essentially ignored the scientific arguments of its opponents.

"This latter point was missed in the review process, explaining why I perceive this paper to be fundamentally flawed and therefore wrongly accepted by the journal."

Sat, 09/03/2011 - 10:32 | 1629389 Youri Carma
Sat, 09/03/2011 - 23:11 | 1630613 janus
janus's picture

youri carma, resident sage of MaxKeiserville and champion of The Good; janus watches you and gives two big-bold thumbs up to your tireless efforts.

and i'm happy with your efforts, but jerry lewis is demanding more of you!

he needs your help come monday.

again, youri carma will step up to the plate -- of this there can be no doubt.

doubtlessly yours,

janus

Sat, 09/03/2011 - 10:48 | 1629407 High Plains Drifter
High Plains Drifter's picture

http://www.youtube.com/watch?v=lLPgn3JDSnA

katt williams tells the mexicans what time it is.......ha ha ha ha

Sat, 09/03/2011 - 11:11 | 1629408 High Plains Drifter
High Plains Drifter's picture

http://vimeo.com/23514972

 

a sad commentary on life in the gulag called amerika...........

 

a race war is coming, i am afraid..........and this will work just fine for the controllers of this land.........

Sat, 09/03/2011 - 10:52 | 1629413 Awakened Sheeple
Awakened Sheeple's picture

Fuck's sake I wish people would edjucate themselves about what we're facing. Last night I attempted to give a warning to a close friend about Europe and about how things could get really sticky soon all over he world. My friends reply was: "That's fucked up"

Seriously? That's the best you can do is fake some concern and change the subject? If there is indeed an economic collapse it is going to catch so many people by surprise. Fucking sad....

Sat, 09/03/2011 - 11:04 | 1629428 MoneyWise
MoneyWise's picture

Many people leaving from paycheck to paycheck or have very
little savings just enough for extra expenses. Basically
if you have nothing, you cannot lose anything. Secondly

most people are in Debt, so? It's a Bankers problem now, cause
it's unsecured Debt. Thirdly, I've been reading same or similar
sides since 2000. Some people always looking and preaching for one collapse or the other collapse scenario..
Remember Y2K Computer collapse scenarios?
Anyways,
What you want your friend to do?
Pee in the pants and buy 1 oz of Silver or rob the Bank?

Sat, 09/03/2011 - 11:07 | 1629432 bill1102inf
bill1102inf's picture

WHY? "Real Sticky All over the world" - BULLSHIT.  The entire banking system (WORLDWIDE) can be forced to mark to market and implode like a star and 99.999999999% of the world WILL NOT EVEN NOTICE.  The next day will come, and low-and-behold, NEW BANKS will emerge. (Like this is not already planned for).  If BOA, Citi, JPM, WFC etc dissapeared over night and were replaces with Bank A,B,C and D, almost no one would notice.  This world wide hysteria bullshit is commical.  

 

 

Sat, 09/03/2011 - 11:11 | 1629437 bill1102inf
bill1102inf's picture

And for those of you who think you will somehow become 'Rich' or will be 'Saved' by buying into the speculative BUBBLE - that is GOLD AND SILVER.  You will not.  All you bunker horders are going to be sorely mistaken when you come out and the world is working just fine but your gold is not worth what you thought it would be.   If you can not see the TULIPMANIA repeating itself, you are nuts.  Just as the home 'loaners' were in 2006-7 with the houses.  Except, you can actually LIVE IN a house.

Sat, 09/03/2011 - 11:22 | 1629453 MoneyWise
MoneyWise's picture

Right, like few rednecks will be saved by buying Gold
and 98% rest of the ppl will just die around. :)

One single reasonable thought on entire freaking board
full of panickers and doomsters.

Sat, 09/03/2011 - 11:40 | 1629475 High Plains Drifter
High Plains Drifter's picture

finally, a anti metal troll..............tmos , take care of this small problem , will ya ?  thanks in advance....

Sat, 09/03/2011 - 22:22 | 1630551 slewie the pi-rat
slewie the pi-rat's picture

the troll doesn't get that we're already pretty well invested on this site in physZZ and we are the strongest hands on the fuking planet

i stopped by one of the coin dealers yest on the way home from the office, er,...casino:  silver eagles $4 over spot for one.  in stock.

he gave me the new "coin world" 9/11 issue with new pricing for the US coins, something they don't usually publish in this magazine.  also, the august 29 issue which has more counterfeiting news (chinese, "allegedly") re Morgan silver dollars made from base metal alloy.  guy w/ a honduran passport, now wanted all over indiana, walked into one store and sold 25 Morgans for $2400, thank you!  to a dealer.  weird.  after the "sale" someone realized that the Carson City Mint had struck only stuck coins (from the Comstock lode) from  1870- 1893, and here they had just bought a gem mint 1896-CC!

wtf?  also cases in Ohio and Virginia, and coins include all dollars from Flowing Hair, Draped Bust, Trade, Morgan, and Peace

they show a picture of the CC on the front cover and it is gorgeous! 

i asked if silver closed above 42$.  $43 he said.  gold hold 1880?  yep.  heluva base for silver since may, eh?  freaking trampoline time?  yeah,  thing this looks pretty good, to them, too

peace.  no counterfeits accepted

Sat, 09/03/2011 - 23:07 | 1630608 janus
janus's picture

slewie is another old school gangster; and if i remember correctly, the first to welcome me aboard (janus forgets nothing -- in fact, my response was "happy to be aboard!  now, where do you hide the rum and the women?"  tell me i lie, my friend.

slewie is read and enjoyed by more than just janus.  janus and slewie both know how blessed they are; and with great blessing comes great responsibility. 

Slewie will surely remember his obligations to those innocent who suffer greatly come Monday...tell me i lie, my friend.

sincerely,

janus

Sat, 09/03/2011 - 11:07 | 1629433 High Plains Drifter
High Plains Drifter's picture

come on sheeple...relax.....football is starting up and the baseball playoffs will be coming up soon and in october the nba kicks off a new season. all is right in the world of the gulag called amerika.....all those unemployed people out there are living on extended unemployment and are doing just fine. we don't have any problems here. its all in the minds of the zerohedge readers.........isn't it?????

Sat, 09/03/2011 - 11:29 | 1629452 Awakened Sheeple
Awakened Sheeple's picture

Its the apathy that's most disturbing to me. And just because people having nothing to lose shouldn't mean they don't have to be well informed. I've never played the part of chicken little before QE2. A brief look at history shows that when central banks monetize debt, a crisis in confidence in fiat currency can result. It "really is different" this time. Then again, if people in the states weren't so disconnected with reality in the first place, we wouldn't have these issues.  

Sat, 09/03/2011 - 11:38 | 1629473 High Plains Drifter
High Plains Drifter's picture

the apathy is a ingrained kind of mind  control that has been implimented the last 100 yeears or so. the amerikans are prisoners in their own minds. they are prisoners who think they are free. they move around and do not live inside prison walls but they are prisoners just the same. my hat is off to the controllers who utilized whatever tools that were available and were necessary to pull this off. job well done. but there are a few, that have not bowed the knee and never will..........

Sat, 09/03/2011 - 11:30 | 1629462 PulauHantu29
PulauHantu29's picture

Stress-Free Renting! Why get stuck with a depreciating house?

Why get stuck in a suburb that's turning into a slum from the zero-down, non-paying Deadbeats?

Foreclosures rising and more more people refuse to pay ANY bill they get--mortgage, credit card, doctor bil, ---ANY bill.

Renting allows felxibility to move, take a job anywhere. Think; the averag eAmerican moves every 3-to-5 years. Why have a lead weight aournd your ankles? And when you go to sell, you fork out 8% to 10% in fees for commissions, etc.

 

GL! Have a Happy Labor Day!

Sat, 09/03/2011 - 13:30 | 1629648 MoneyWise
MoneyWise's picture

Nothing wrong to rent, if you are 20-30 y.o and have no family, by the way, when was the last time you checked the Rent prices? You might wanna check them back again: "Stress-Free Renting!" my A$$ paying for nothing. Besides, you don't think Home prices will stay that low forever, do you? Mean while rent prices are going up like medical insurance, cause you are not the only "Smart" cookie who are looking for "Stress free" renting. I'm leaving in 4 bedroom home for about the same money, that I can rent 1 bedroom Apartment around here. I don't care if my home currently worth less, cause I'm not intended to cash out and if I'm going to move, then I will buying at discount as well.

Sat, 09/03/2011 - 12:33 | 1629551 IamJacksLeftHand
IamJacksLeftHand's picture

Mr. Durden, 

 

1)GET A JOB! but the high tech jobs are in China and India

 

2) BUY GOLD - but 5 big banks(including a canadian bank, bank of nova scotia) control the actual price of gold

 

3) TAKE A LOAN - but banks control LIBOR, TIBOR, SIBOR, EUROBOR bank-to-bank interest rates

 

4) If your left handed use your left, if your right handed use your right, faster self improvement when you use the same hand you write with.

 

5)It is a cycle, recession, prosperity, if everyone was a winner, the stock market would be as flat as interest rates(look at the real estate market). Just as a few big players control the currency spot, the bond market, the gold market, your all playing into their tricks(call me crazy), but there will be prosperity, just how winter, spring, summer, fall, winter continue.

 

6) In the end of all things, hopefully you realize, being self-reliable is the greatest treasure, instead of coming home watching tv, join a gym, ride a bike to get their, get built and date hot women. Start a business, start a revolution, and evolution. Don't be a internet financial gangster :(

 

I am Jack's Left Hand

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