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Re: Interesting article thread
Posted: Fri May 04, 2012 12:36 am
by Psychedelic Rhino
Re: Interesting article thread
Posted: Fri May 04, 2012 1:25 am
by MrTwosheds
Whenever it is, the day after we're supposed to die you'll hear a very loud, "HA! Told ya so!" coming from across the Atlantic. (Mr T will, at least, maybe not the rest of you slackers.)
I shouldn't think you will, we British are fairly restrained when it comes to rubbing other peoples noses in their own idiocy and will have forgotten all about a prediction made by some ancient culture that conspicuously failed to predict its own demise quite sometime before that point... Hopefully we will simply be allowing our continued existence to make the point for us. In the mean time someone will have found yet another fantasy doom to sell to the terminally gullible and those desperate to avoid confronting reality.
Re: Interesting article thread
Posted: Fri May 04, 2012 1:25 am
by Red Devil
maybe there'll be a blitzen, too
Re: Interesting article thread
Posted: Fri May 04, 2012 2:07 am
by Nielk1
Psychedelic Rhino wrote:Problem with letting the "too big to fail" companies go under, especially companies that insure, such as AIG, is...not only does it fail, but hundreds of thousands of financial instruments are allowed to die. For example, your grandmother's retirement annuity. If it had been "only" the fate of AIG, per say, then I am quite sure Paulson would have let it fail.
The system isn't a vacuum, where are the cannibalistic companies?
Re: Interesting article thread
Posted: Fri May 04, 2012 4:05 am
by Psychedelic Rhino
Paulson was throwing **** at holes in the dike, hoping something would stick. The US was going through a financial crisis every bit as dire as the Cuban missile crisis was to our national sovereignty. AIG's garbage was on a scale no other banks or investment companies could hope to handle, or want . . . with their own problems.
So the Fed absorbed the 180 billion in sewage.
We've kicked the can down the street once again by letting the national debt absorb the craziness. The US house of cards is very high, and it is only going to take a sneeze. This is not over.
Re: Interesting article thread
Posted: Fri May 04, 2012 6:53 am
by Zenophas
Psychedelic Rhino wrote:Paulson was throwing **** at holes in the dike, hoping something would stick. The US was going through a financial crisis every bit as dire as the Cuban missile crisis was to our national sovereignty. AIG's garbage was on a scale no other banks or investment companies could hope to handle, or want . . . with their own problems.
So the Fed absorbed the 180 billion in sewage.
We've kicked the can down the street once again by letting the national debt absorb the craziness. The US house of cards is very high, and it is only going to take a sneeze. This is not over.
I sort of lost your meaning after my mind derailed that into a sexual innuendo.
Re: Interesting article thread
Posted: Fri May 04, 2012 1:19 pm
by APCs r Evil
That thundering, "HA!" won't be aimed at you, Mr T. We seem to be among the few sane ones left. (Scary a thought as that may be.)
Edit: Just remembered.
MrTwosheds wrote:we British are fairly restrained when it comes to rubbing other peoples noses in their own idiocy
http://www.youtube.com/watch?v=wGWIFlDVv1M
Re: Interesting article thread
Posted: Fri May 04, 2012 2:25 pm
by Ded10c
Exactly. Fairly restrained.
Re: Interesting article thread
Posted: Fri May 04, 2012 4:06 pm
by Red Spot
James May is simply too cool to be truelly British

Re: Interesting article thread
Posted: Fri May 04, 2012 8:37 pm
by Echo 343
Re: Interesting article thread
Posted: Fri May 04, 2012 8:41 pm
by Iron_Maiden
First, that's disgusting.
Secondly, I have no funny comment for this:
http://hosted.ap.org/dynamic/stories/U/ ... 3-16-45-41
Re: Interesting article thread
Posted: Fri May 04, 2012 9:16 pm
by Red Devil
as morals go, so goes society...
Re: Interesting article thread
Posted: Sat May 05, 2012 4:46 am
by HitchcockGreen
MrTwosheds wrote:
Whenever it is, the day after we're supposed to die you'll hear a very loud, "HA! Told ya so!" coming from across the Atlantic. (Mr T will, at least, maybe not the rest of you slackers.)
I shouldn't think you will, we British are fairly restrained when it comes to rubbing other peoples noses in their own idiocy and will have forgotten all about a prediction made by some ancient culture that conspicuously failed to predict its own demise quite sometime before that point... Hopefully we will simply be allowing our continued existence to make the point for us. In the mean time someone will have found yet another fantasy doom to sell to the terminally gullible and those desperate to avoid confronting reality.
Oh you don't have to cup your ears towards the Atlantic to hear a "Ha! Told ya so!"
Enough sensible people around your own continent to do that.

Re: Interesting article thread
Posted: Sat May 05, 2012 4:47 am
by HitchcockGreen
Red Devil wrote:as morals go, so goes society...
As far as morals of society, they really haven't changed in over 5000 years of recorded history...
Re: Interesting article thread
Posted: Sat May 05, 2012 5:37 am
by Psychedelic Rhino
How about. . . "These don't sell well in Tunisia".
