• Sprott Money
    05/05/2016 - 06:02
    Why is a Deutsche Bank mouthpiece suggesting “negative retail deposit rates or perhaps wealth taxes”? The answer is to (supposedly) stimulate our economies.

Will Hurricane Irene Wreck The East Coast?

Tyler Durden's picture

Your rating: None

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 08/24/2011 - 12:37 | 1595530 Ausperity
Ausperity's picture

Irene = Keynesian wet dream

Wed, 08/24/2011 - 12:39 | 1595547 Ahmeexnal
Ahmeexnal's picture

Oil and Corexit raining over NYC.

Wed, 08/24/2011 - 12:44 | 1595583 anynonmous
anynonmous's picture

I am surprised Tyler would not have drawn on his inhouse expertise, weathergeek Bruce K for the forecast and disastermonger  GW for the aftermath

Wed, 08/24/2011 - 13:46 | 1595880 Canaduh
Canaduh's picture

Interesting tidbit- remember that plane crash that killed 12 in northern Canada last week?

"Right in the middle of a joint agency simulated disaster designed to prepare government and military agencies to prepare for an air crash in the Arctic, tragedy struck Saturday.

The First Air civilian charter, a Boeing 737 that crashed around 12:50 p.m. near the Resolute Bay airport, went down at what might arguably be called the region’s most prepared moment, according to Capt. Andrew Hennessy, a spokesperson for Operation Nanook — the largest of three annual joint operations aimed at preparedness.

“We’re here to improve our capabilities to operate in the Arctic … The operation was going to involve an air disaster scenario that would have seen us responding to an aircraft going down in the Arctic, which, unfortunately, is exactly what played out today,” Hennessy said. “The aircraft was not involved in the exercise – this was a civilian charter.”"



The Governor General was in the area, and the Prime Minister was scheduled to be there the next day.

Wed, 08/24/2011 - 17:08 | 1596688 JW n FL
JW n FL's picture

Surfs Up!


Serfs Down!!


Wed, 08/24/2011 - 19:09 | 1597136 Spirit Of Truth
Spirit Of Truth's picture

Irene is my aunt's name, and if this storm wiped the Northeast off the map, it'd be richly deserved IMHO:



I'm so sick of this arrogant, money-loving BS around me.

Wed, 08/24/2011 - 18:32 | 1596975 Ratscam
Ratscam's picture

cui bono?
in other words, who was on board the plane?

Wed, 08/24/2011 - 14:43 | 1596118 marsdefIAnCe
marsdefIAnCe's picture

we got the gulf stream on a crawl and a permanent high pressure zone over the gulf


corexit & craig venter's synthetic life is moderately contained


barry bin laden's got this, if you ignore his slip up letting synthetic bacteriophages out of the lab

Wed, 08/24/2011 - 12:41 | 1595563 Clueless Economist
Clueless Economist's picture

Great, another excuse for Mr Hopey-Changey. "The awful economy is because of the summer earthquakes and hurricanes"

Wed, 08/24/2011 - 14:21 | 1596030 pupton
pupton's picture

"...we've had a run of bad luck."  I'd say he will have to add these natural disasters to his excuse arsenal.  Now he just needs to find a way to blame his enemies (Tea Party, Republicans, Rush Limbaugh, Jesus, etc.) for this run of bad luck.

Wed, 08/24/2011 - 19:57 | 1597388 knukles
knukles's picture

Temporary, transitory, kinda not so really bad, just another blip, supply chain disruption, no radiation leaked, confidence'll bounce back, never underestimate the power of the totally bankrupt broke Amerikan consumer, Krugman says another Alien Invasion'll take care of it and the PPT is alive and well up Jackson's Hole, so we got you covered, never mind, move along nothing to see here, shut the fuck up and go about your business serf or you'll be officially deemed a turrderist and sent off to a FrEeMeAand YouCamp.

Wed, 08/24/2011 - 12:41 | 1595564 asdasmos
asdasmos's picture

Indeed, Krugman is chaining himself to the beach as we speak so he can get a full frontal view to masturbate to.

Wed, 08/24/2011 - 12:48 | 1595601 dwdollar
dwdollar's picture

Hardly...  He will run away like the coward that he is.

Wed, 08/24/2011 - 13:05 | 1595696 flacon
flacon's picture

You're right, Keynesian stimulus only works when it's the other person's property and savings that gets destroyed. 

Wed, 08/24/2011 - 13:13 | 1595717 TruthInSunshine
TruthInSunshine's picture



Krugman claims that a Cat 5 hurricane brushing along the entire eastern seaboard (including hitting NYC), a 9.8 earthquake centered in Washington D.C. or New York City and 50,000,000 spacecraft invasion of earth by extremely hostile extraterrestrials are the trifecta of utopian events needed to get the economy going again.

Failing this, he is urgently lobbying the U.S. and a few foreign governments for an 'Archduke Franz Ferdinand' or 'invasion of Poland' moment.

Wed, 08/24/2011 - 14:07 | 1595947 EvlTheCat
EvlTheCat's picture

Krugman The Barbarian -Keynesians Of Doom


Wed, 08/24/2011 - 14:20 | 1596023 zenbones
zenbones's picture

How do we know there aren't alien spacecraft in the hurricane clouds?  You're on to something Paulie!!!  Economic recovery here we come!  Who needs fundamentals when you have aliens.

Wed, 08/24/2011 - 17:51 | 1596871 onthesquare
onthesquare's picture

God may be a terrorist

Wed, 08/24/2011 - 14:41 | 1596112 AlaricBalth
AlaricBalth's picture

Krugman has no idea about that which he speaks. Wealth is not created from destruction, it is only misallocated from more productive uses. The economic value of replacing something that was destroyed is a hinderance to economic growth. Bastiat explained this very simply and eloquently with his Parable of the broken window.

"Society loses the value of things which are uselessly destroyed"

Wed, 08/24/2011 - 13:31 | 1595822 Mactheknife
Mactheknife's picture

Hopefully he gets hit with a flying Volvo.

Wed, 08/24/2011 - 19:02 | 1597116 Milestones
Milestones's picture

Replying to your handle--Ever heard Ella's version done in Berlin in 1958? Blows the lyrics half way in front of 12,000 people. Pure magic.    Milestones

Wed, 08/24/2011 - 13:05 | 1595691 Sudden Debt
Sudden Debt's picture




Wed, 08/24/2011 - 13:10 | 1595726 Gene Parmesan
Gene Parmesan's picture

This is just another completely fabricated story, planted on ZH. I'll believe it when I have rain and debris hitting me about the head and shoulders.

Wed, 08/24/2011 - 13:15 | 1595754 Mactheknife
Mactheknife's picture

Surfs up...bitchez!!

Wed, 08/24/2011 - 14:04 | 1595959 caerus
caerus's picture

damn beat me to it

Wed, 08/24/2011 - 13:34 | 1595833 Two Towers AU AG
Two Towers AU AG's picture

You stole my thoughts.. you ARE from amongst the little green people... who can read thoughts..and are planning an invasion on earth to boost the global economy. but you aint getting my gold or my precious marbles. :) :) :)

Wed, 08/24/2011 - 14:02 | 1595949 Sudden Debt
Sudden Debt's picture

Don't worry, you get to keep your gold. I'm only here for the anal probings.


Wed, 08/24/2011 - 13:28 | 1595807 CrashisOptimistic
CrashisOptimistic's picture

You are correct, sir.

General rule of thumb for hurricanes:

If they go up the US east coast, they are stimulative.

If they curl around Florida to the west of Florida and into the Gulf, the oil platforms get precautionary evacuated, oil production stops and it is decidedly not stimulative.

So destroy the east coast is good.  Destroy the Gulf coast is bad.

Wed, 08/24/2011 - 14:01 | 1595942 e_goldstein
e_goldstein's picture

betting Krugman has a funny feeling in his pants.

Wed, 08/24/2011 - 14:27 | 1596049 trav7777
trav7777's picture

uh, Durden, there is more to the East Coast than your motherfuckin beloved NYC

Wed, 08/24/2011 - 14:47 | 1596132 I did it by Occident
I did it by Occident's picture

What, no mention of Krugman and his invading aliens/earthquakes and now hurricanes?  Irene is right up Krugman's 'broken window' alley. 


Wed, 08/24/2011 - 12:37 | 1595531 putbuyer
putbuyer's picture

My mother is worried about her tomato plants

Wed, 08/24/2011 - 12:37 | 1595534 Id fight Gandhi
Id fight Gandhi's picture

"underground weather blog"?

Wed, 08/24/2011 - 14:06 | 1595948 Use of Weapons
Use of Weapons's picture





No really.. there was a government response: $2.1 billion for law enforcement, train drivers, tribe members (!) to get prepared.





That list is mighty tasty... apply now! Cheeeeeese! Anonymous are attacking BART, have $200 million! [Transit Security Grant Program (TSGP)—more than $200 million to owners and operators of transit systems to protect critical surface transportation from acts of terrorism and increase the resilience of transit infrastructure.]


  • State Homeland Security Program (SHSP)—more than $526 million to support the implementation of state homeland security strategies to build and strengthen preparedness capabilities at all levels. The 9/11 Act requires states to dedicate 25 percent of SHSP appropriated funds to law enforcement terrorism prevention-oriented planning, organization, training, exercise and equipment activities.
  • Urban Areas Security Initiative (UASI)—more than $662 million to enhance regional preparedness capabilities in 31 high-threat, high-density urban areas. In order to focus limited resources to mitigate and respond to evolving threats, the 11 highest risk areas (Tier 1) were eligible for more than $540 million, while the remaining 20 urban areas, designated Tier II were eligible for more than $121 million. The 9/11 Act requires states to dedicate 25 percent of UASI appropriated funds to law enforcement terrorism prevention-oriented activities.
  • Operation Stonegarden (OPSG)—more than $54 million to enhance cooperation and coordination among local, tribal, territorial, state, and federal law enforcement agencies to secure the United States land and maritime borders.
  • Metropolitan Medical Response System (MMRS)—more than $34 million, to enhance and sustain comprehensive regional mass casualty incident response and preparedness capabilities, divided evenly among 124 MMRS jurisdictions.
  • Citizen Corps Program (CCP)—more than $9 million to engage citizens in community preparedness, planning, mitigation, response and recovery activities.




Wed, 08/24/2011 - 14:24 | 1596038 NotApplicable
NotApplicable's picture

The 9/11 Act requires states to dedicate 25 percent of UASI appropriated funds to law enforcement terrorism prevention-oriented activities.

Well, this explains lots of the stupidity I've seen lately. Just last week after work, I saw over 50 of the city's finest forming up into squads in a parking lot. I had to stop and wonder just what size of an incident they believed they were practicing for.

Also, I wonder, do the "papers please" checkpoints count as terrorism prevention, or are those still all funded by DOT grants? (which btw, are an easy way for those nearing retirement to pad their base pay in order to increase their pensions)

Wed, 08/24/2011 - 21:52 | 1597809 TruthInSunshine
TruthInSunshine's picture

I am henceforth declaring Hurricane Irene a 'terrorist,' and am issuing a capture or kill standing order regarding her.

Wed, 08/24/2011 - 12:37 | 1595535 Gamblor
Gamblor's picture

Come on Irene.  I swear I won't leave.  At this moment, you mean everything...

Wed, 08/24/2011 - 13:17 | 1595764 Agent P
Agent P's picture

That's the Asian version of the song.

Wed, 08/24/2011 - 14:23 | 1596035 RichardENixon
RichardENixon's picture

I think that version goes "Come on Irene I swear I won't reave"

Wed, 08/24/2011 - 12:38 | 1595536 Long-John-Silver
Long-John-Silver's picture

Irene is a Bitch

Wed, 08/24/2011 - 12:38 | 1595538 slaughterer
slaughterer's picture

Spreads opening up on the Irene index counter. 

Wed, 08/24/2011 - 12:38 | 1595540 Iriestx
Iriestx's picture

Could bring a lot of death and destruction.  Krugman is probably stroking it furiously at the thought.

Wed, 08/24/2011 - 12:52 | 1595618 buzzsaw99
buzzsaw99's picture

Hopefully it plows right into his house mid-stroke.

Wed, 08/24/2011 - 12:38 | 1595543 TzaristBondHolder
TzaristBondHolder's picture

First there is an Earthquake.  Now a hurricane.  Then HAARP

Wed, 08/24/2011 - 12:44 | 1595578 DeadFinks
DeadFinks's picture

DC needs a bigger shakedown.

Wed, 08/24/2011 - 19:14 | 1597179 Milestones
Milestones's picture

I'd settle for Denniger's wish for a 30 foot wall of water in D.C.       Milestones

Wed, 08/24/2011 - 12:50 | 1595613 Ausperity
Ausperity's picture

It goes like this: earthquakes, hurricanes, HAARP, ELENIN, Solar flares, Ron Paul, Collapse, Bluebeam, victory, ends with gold standard and one world government.

Wed, 08/24/2011 - 13:13 | 1595744 Oh regional Indian
Oh regional Indian's picture

That was a great list till I saw old RP's name in there.

Pfffffffffttttt...... no earth mover/shaker, Dr.P.

I hope everyone stays well (even the banksters). Nature is like a woman scorned and WV, with it's fracking and table top mining and mountain destruction, must have made her angry. Is here name Irene?




Wed, 08/24/2011 - 13:21 | 1595781 Nothing To See Here
Nothing To See Here's picture

gold standard and one world government = oxymoron

Wed, 08/24/2011 - 14:21 | 1596028 Ausperity
Ausperity's picture

Can you expand upon that idea for me?  I don't see how the two are diametrically opposed.

Do NOT follow this link or you will be banned from the site!