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If certain aspects of Capitalism (banks, the media, etc.) are now run by the equivalent of "drug addicts" (I'll say anything, do anything, I NEED THAT NEXT FIX, screw the body), what practical, let's-get-it-going-NOW alternative, do you propose?  Or do we need more death/destruction before people will listen?

They tried to assimilate me. They failed.
by THE Twank (yatta blah blah @ blah.com) on Tue Sep 16th, 2008 at 06:53:33 AM EST
Example: Right now on Squawk Box, almost 7 A.M. EST they had Steve Forbes, McCain SUPPORTER being interviewed; volume off, don't need that shit in the early A.M..

Question: Why is the Squawker NOT interviewing ... oh, I don't know ... Jerome!

They tried to assimilate me. They failed.

by THE Twank (yatta blah blah @ blah.com) on Tue Sep 16th, 2008 at 07:00:27 AM EST
[ Parent ]
Here's a little continuation from yesterday's carnage; quote from Squawk Box.

Dow-Jones Futures have worsened as AIG situation has worsened.

Wonder what the commentary on Democracy Now/Amy Goodman will be this A.M.  Yesterday it was all some author; boring considering what the financial channel was showing.

They tried to assimilate me. They failed.

by THE Twank (yatta blah blah @ blah.com) on Tue Sep 16th, 2008 at 07:19:50 AM EST
[ Parent ]
This is SO FUCKING FUNNY!!

CSPAN Washington Journal, some financial guy from NY Times.

"The govt. is worried that they'll have to spend EVERY WEEKEND bailing out a new company."

Hilarious!!

They tried to assimilate me. They failed.

by THE Twank (yatta blah blah @ blah.com) on Tue Sep 16th, 2008 at 07:38:12 AM EST
[ Parent ]
I would worry about spending EVERY DAY.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Tue Sep 16th, 2008 at 07:39:56 AM EST
[ Parent ]
and GOOD MORNING to you!!!

They tried to assimilate me. They failed.
by THE Twank (yatta blah blah @ blah.com) on Tue Sep 16th, 2008 at 08:00:09 AM EST
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A question for the financial experts:

When will the day come when, instead of going to the US govt. for a bail-out/whatever, companies go to the RED CHINESE govt. for the same bail-out?

THAT will be the WATERSHED day!

They tried to assimilate me. They failed.

by THE Twank (yatta blah blah @ blah.com) on Tue Sep 16th, 2008 at 08:35:22 AM EST
[ Parent ]


The Fates are kind.
by Gaianne on Tue Sep 16th, 2008 at 08:48:08 AM EST
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Please elaborate. (n/t ?)

They tried to assimilate me. They failed.
by THE Twank (yatta blah blah @ blah.com) on Tue Sep 16th, 2008 at 08:50:59 AM EST
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the Chinese-are-your-banker day.  

Jerome should post a thread.  

The Fates are kind.

by Gaianne on Tue Sep 16th, 2008 at 09:02:21 AM EST
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Just look at the federal government deficit data and at the interest-rate increases on U.S. bond auctions. China, Saudi Arabia and the various emirates, Japan; and, increasingly (the Feds can only hope), Russia, Malaysia, and Venezuela are the recycling fountains where U$D flow.

paul spencer
by paul spencer (spencerinthegorge AT yahoo DOT com) on Tue Sep 16th, 2008 at 12:57:16 PM EST
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Here's another question:

Since it's only a matter of time (could be VERY SOON) until Red China is in the "driver seat" that the US, with all its bombs, now has, what is the Red Chinese equivalent of ET?  I might as well join that crowd in the early phases; beat the rush.

They tried to assimilate me. They failed.

by THE Twank (yatta blah blah @ blah.com) on Tue Sep 16th, 2008 at 09:09:02 AM EST
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Out of habit or for snark effect?

paul spencer
by paul spencer (spencerinthegorge AT yahoo DOT com) on Tue Sep 16th, 2008 at 12:58:14 PM EST
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I'm an old fuck.  That's what we called the Communist Chinese mainland the last time I took a history course, late '60s.  What's it called today?  When did it change?  I know the capital WAS Peking but that's changed.  Did they just rename the city?

No shit.  I'm a biochemist/chemist/problem solver, not a historian.

They tried to assimilate me. They failed.

by THE Twank (yatta blah blah @ blah.com) on Tue Sep 16th, 2008 at 01:10:28 PM EST
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