uno

zed?

ES!

dam you, neuro!

Hi, ES!

FunnyD

Cinco

zed is dead

Looks like a 12 fret Martin 00-17—nice axe.

Maybe in your mind…! 8-P

Wow ES, Tony Furtado can play him some guitar.

Well, that’s one way to be rocked to sleep, you might say. Have a nice night, all, but it’s my bedtime now.

Hey, ES
We had “Jabberwocky” last night. I was considering “Hunting of the Snark: an agony in 8 fits” for tonight, but only Fit the First and only with your permission. As a little comic relief, as it were.

FunnyD

Hmmm… my 8 was for neuro’s 6…

Whatever it is.. It’s fragile and it sings long after you set it down and walk away from it.

Nailed it, LL! Aloha!

Nice, Eureka. I’ll get Mr. Doodle to view it in the morning. He has many Martins and is a fan of finger pickin’.

Does it have “Nazareth Pa.” stamped on it?

Aloha CT!

My step-dad has a 12 string Martin… Purty…! ;-)

Mr. has a D28 that does that. A thing of beauty.

I love the old 12 fret to the body Martins. I’ve collected three over the years- a 0 a 00 and a dreadnaught.

tis dugg es

That there picker is usin a steel. Sounds damn good!

I really don’t recall. It’s been a few years and I am not a musician. I do have a lot of appreciation for antiques and this guitar stayed alive so long after the show.. I had to ask if I could check it out during our conversation.

Heh, I’m not a practitioner, but, he has an old electric Gibson, the open body type…! Like Chuck Berry’s…

*waving to Suz and wdd*

Arch Top—with the f-holes? L-5 maybe.

*waving to LL* got the weekend off?

Until I heard this last night on my XM, I had no idea that Eddie Cochran was such a great guitar player.

Hiya, Lou!

Suz, I just finished teaching a week-long class today. Got tomorrow off and then working Sunday…and then it’s back to the regular daywork shift :-)

Hey grrrrl! Haven’t had a chance to get back with you on FB yet. Will try on Saturday.

So late, and still awake. Suzanne, we closed an hour early, and I trudged home a few blocks in about 8 inches of new snow. We now have a blizzard warning until Saturday a.m. Beautiful, but I’m sick of it. Great night posts that went so fast I didn’t have time to comment. Read everything, though.

ouch – you need some major stress reduction tonight, LL – i would suggest ya start off easy with a cold sweat

Hi Chris — enough snow already, right? ;-)

walking in the silent snow – everything a hush except for the crunch crunch of your footsteps

Yep, the f-holes, and a nice Ovation w/a jack… Bruddah IZ played the ovation at my folks home, including just about every prominent Hawaiian group for the last twenty years… I still have daydreams of Noelani Cypriano…

Nice!

Yes! and two feet expected by Sunday. But, as we know, anything can change. It was odd to be let out of work early — that never happens here. Even the Mayor of Cleveland begged companies to let employees go home early.

we have a flood watch for later tonight/tomorrow

Mr. Springs

What a treat…fast fingers…rolling out the notes faster than you can hear.

Put a tux on him and book him in Carnegie Hall. The man is awesome best late night music in a while. Hat Tip.

How about a kool oldie?

Tighten Up

two feet!

Gotta love that Lake Effect…! ;-)

Bon soir! I’ve seen Tony play here in OR at least 10 or 12 times. Plus a few festivals. As good as it sounds, I always get mesmerized watching him play.

It is silent. The beauty of it still wows me. Trudge, trudge. We have a neighbor who snowplows the sidewalks of the entire block! So funny, and I must send him a candygram or something.

71 today but temps dropping and i’m back to wearing 3 layers.

Ooh! Result of rain, or snow melting?

Now that’s some groove baby..)

big rain expected. snow is almost all melted already.

Yessirr — and lookout for the Alberta Clipper. I can’t believe I know this weather stuff… I’m from the state of Delaware, for crying out loud!

ES, ain’t that the s***? ;-) That one always makes me smile!

No biggie, I do good if I respond once a week…

He really does make you watch his every move when he plays.Several YouTbes of him playing with Bela Fleck.. a combo I would love to see.

Oh, I love this. I’m 15 again.

With all that lousy weather, howzabout,”Making Love” instead…?

http://www.youtube.com/watch?v=7v_vA56vEu4

selise, flood watch down here in VA too.

poor ct, living in paradise…

…and i’m back to wearing 3 layers.

of Hawaiian Shirts…? ;-)

Just wandered off to get a Photobucket account… here’s Mr. Man’s #2 girl, if I did this right.

yeah. Boo forkin’ hoo!

and 71 degrees sounds awesome, even if the evenings are chilly!

FunnyD
of the Great Wet North

Oooo, feeling techie tonight!!!

wang, it worked and she’s a beauty

Heh, we traded blows cross the toobz…! Bwhahaha…!

we do get some lovely days up here at 627 elevation. most nights when the coast is fogged in, i’m above the fog with clear skies.

spring is not here yet but she is on her way. i’m looking forward to the spring rains when the high will be 55 and the low 50. those are wonderful.

Nice Martin (green with envy) :>)

That’s almost to pretty to play..)

Hi pups…

So was this one hundred year old guitar owned initially by Django Reinhardt?

Such great posts tonight, and I didn’t have a chance to comment as I couldn’t keep up with the comments. Yea! Eli, Julia, and ES!

I amaze myself sometimes.

Oh know… it’s ashame if it isn’t played!

Irma Thomas
It’s Raining So Hard

I’m sure the Guitar rep on Antiques Roadshow would showcase it…! Several Martins have been featured prominently…!

I vaguely remember him saying something like that, but I can’t be to sure.

I was almost drunk at the time. Though I have seen him perform nearly a dozen times over the years.

Wait…why are you trying to sell up and move again? Sounds lovely. Far from major urban centers, but still…if you like driving on those twisty, windy roads…

FunnyD

its raining men

Ru Paul??? Hmmm…

laughing – love those twisty winding roads. selling because i have to – i have too much month at the end of the money :(

“it’s a shame if it isn’t played”
Amen, brother. played lovingly and respectfully, but played.

FunnyD
“what good is beauty from the light retired?”

Some old school pickin’

The Coo Coo Bird

Actually that was just a guess from me…

Very cool…

Was listening to;

http://www.youtube.com/watch?v…..re=related

Exactly, ask Amati or Stradivari about that… *g*

Yeah, I hear ya. Sorry to remind you.
But I have fond memories of hwy 9 up and into the mountains to get to Big Basin or BonnyDoon. Fond memories of having to put my head out the window and take big, deep breaths of fresh air (I wasn’t driving). I seldom get motion sick, but if the twists and turns go on for too long, I start to get a little green around the gills.

FunnyD

Some day I really hope I can come across a YouTube of “Yesterday’s Train” by the Byrds…I keep checking and it isn’t there :-(

LOL! You know we posted that very piece in a Late Late Nite post not so long ago. Such a great video/song.

Don’t worry, she gets played. Almost as much as her sister.

Really? I haven’t caught the show lately, do they have to be antiques?

i’m near the intersection of highway 9 and big basin. tis a very special place but… my time here is near its end and it’s time for me to move on

And she’s just as purty…! ;-)

sweeeeet!

he seriously rips

‘Night pups, it’s been a long and taxing week…thanks for sharing some great tunes! Love and light to you all.

joe’s garage

nite Lou, good seein’ ya again!

They make a fine pair. We have a couple of Ovations here. The lady uses hers with the wee ones at the music school for singing..

g’nite LL

Heh, Antiques is a very generic term, a set of discontinued Martin molds from ‘38, IIRC, were estimated to fetch $35,000…

Aloha, LL!

G’ nite LL.. thanks for the tunes..

Hey Suzanne, didn’t catch where you thinking about migrating to…

It’s beautiful up there but the weather can be an issue in the Santa Cruz mountains..

lots of downed trees and such..

can get dangerous sometimes…

aahhh, backstage at he Armadillo World Headquarters… a night I’ll never forget!

Nite all – thinking about lighting the fireplace.

yeap, had my share of power outages up here

am thinking about the pacific northwest – perhaps along the oregon coast or maybe southern washington

Antiques… I think I resemble that remark :)

Aloha, Christine!

g’nite christine

night pups. thanks for the company!

Nite Christine. Me too, I’ve prolly already stayed up too late to get up for PUAC.

Aloha, Selise!

I love this song!

g’nite selise

Heh, sure, now that Moyers is finally on here, ya’ll bail…! Once again I’m stuck in a time warp…!

Here’s my nighty-nite, enjoy!

Oof, Hagee spews some hate…!

Think I’ll be heading down the line too…

Nursing a killer sinus viral, infection, I don’t know what it is..

My face actually hurt this morning when I got up…

Geesh…

It’s time for some tea and antihistamines…

G’nite all…

That video is a crack up. The ladies have energy. Suz you need some night life… just sayin…music…dancin…an makin whoopee.

I shall join my fellow lemmings, I bid ya’ll a fond adieu! Aloha Oe!!!

g’nite ct

take care of those sinuses, ticktock

i spend my nights here with you guys. my fake knee and messed up back don’t let me dance anymore :(

Django R. and Stephane Grapelli. The silly documentary voice over goes away after the first minute, minute and a half. Notice Django’s left hand–only 2 fingers to stop the strings.

FunnyD

tea, antihistamines and motrin or tylenol for the pain, ticktock. It’ll at least abate the pain a bit.

and steam…. lots of steam to help get things moving

The songs in this thread would make one great play list. I imagine I will listen to them all again tomorrow as I clean house.

They make a fine pair. We have a couple of Ovations here. The lady uses hers with the wee ones at the music school for singing..

Oh, huzzah! Good for her. I used to love singing with the nice lady with the guitar when I was a wee one. I don’t think kids get enough of that these days.

FunnyD

Yup. I didn’t do the steam much aside from at least one shower during my bout after the dehydration finally went away. By then, i’d been using tylenol for several days. The steam definitely let me sleep better that night, though.

Robitussum and Brandy!

Belated good night and good wishes to all sleepy pups!

FunnyD

never had sinus problems until my thyroid was radiated. those forkers h-u-r-t and hot steamy showers helped me get through until i could get to the doc in the am several times.

Robitussum and Brandy!
Evening wigwam

hot buttered rum

hey newton

You can see her the school at http://www.musicschoolsanmateo.com/

Funny D – You wouldn’t have a favorite Django album would you? I am considering buying a CD of his sometime soon.

Chris, you got our snow!
Now it’s thundering and pouring down freezing rain. Sounds like little tacks.

OT
http://rawstory.com/news/2008/….._0307.html
McCain has close ties to Chalabi

The serious sadness of living in an incredibly beautiful,secluded part of the U.S. is that there’s no high-speed internet. All the tantalizing clips you guys are accustomed to clicking on are basically out of my range. I just HATE that !!!!
Okay, now that’s out of my system.f$#& jealousy… I’d like to talk about building bridges in our communities. This is a main focus right now of a small, dedicated group in our small community.
Bridges between the politically active members of our community and the next town over. The mass demonstrations of the cities we can access and the ability to bring that energy back home to the people who are uncomfortable demonstrating .
Bridges between our older, peace-activists and the young Iraq/Afghanistan vets returning to their homes. The IVAW.org and Courage to Resist.org folks. My proudest moment was to host an anti-war rally as a private citizen and ask the Whatcom Peace and Justice Center[ Bellingham, Wa.]
to bring a young Iraq Vet to our rally.We were SO honored and proud to meet the young soldiers that responded to our call.
Trying to connect the dots as a community between our nation’s policy of endless war and the young people who are sucked into the hell of that policy is true community activism, because so many people just haven’t given it that much thought.
We stand with the vets, we honor their families and the hardships that have befallen them by the military service. We understand that this is a tragic injustice imposed on our best and brightest by a war of opportunity. We recognize that this is a war for profit.
My vision is to cast aside the war for our returning vets, to focus on the horrid re-entry into our communities. Help them….help their families….this has gone on too long. So many of our young soldiers come home from enduring hell-on-earth and we greet them with….NOTHING. Tough it out, don’t rock our cozy,consumer-driven slumber.If your children are struggling, that’s kind of to be expected , kind of bullshit but, hey, it’s not a non-military civilian’s problem….
Let’s stop the divide between military families and civilian families. Maybe we’re all part of the fabric. Maybe we ARE responsible to help the families that gave everything for our nation.
Call me crazy, but I can’t find the dividing line that says I’m different then them. And yes, I’m a liberal,feminist, tree-hugger.

Jack O Diamonds Jack O Diamonds
I know you of Ol You’ve robbed my fo pocket of silver and gold

Rye whiskey Rye whiskey Rye whiskey I cry
If I don’t have Rye whiskey I believe I will dye

Now if the ocean was whiskey and I was a duck I’d dive down to the bottom and never come up
But the ocean ain’t whiskey and I ain’t a duck so I guess I’ll go on a livin a life of pot luck

Margot,
It is softly quiet and still. Waiting for the 4:00 a.m. blizzard…

Chalabi also reportedly “misled a team of reporters from ABC News and British publications by arranging interviews with ‘Saddam’s Mistress,’ Parisoula Lampsos, who peddled countless lies about a meeting between Hussein and Osama Bin Laden” and was initially backed by Sen. John McCain, “one of the first patrons of Chalabi’s grand-sounding International Committee for a Free Iraq when it was founded in 1991.”

my bold

Nope, sorry.
If it was me, I’d poke around and find which of his tunes are your favorite and go from there. Or which tunes on the albums are your favorite and go from there. Not sure you can go too far wrong, unless it’s just a horrible re-mastering.
Public Library?

FunnyD

openhope – Hey now, you are really playing our song! If you can do that in or near Bellingham..it can happen anywhere.

I live in the middle of nowhere myself and just a few months back cell phones magically provided a faster net connection… So I feel your pain.

Thanks Funny D.. the search is almost as much fun as the dance..

Well I just remembered I have to get up in a few short hours and install a new hot water heater.. Nothing worse than cold water baths in winter!

G’ nite all fabulous firedogs..

g’nite es

nite eureka
what a thread!

1,780 DAYZ AND THE KILLIN’ GOEZ ON AND ON AND…

G’nite Firepup Freedom Fighters, I been on steriods fer two dayz and I’m closin’ out the 15th round now. Keep each other warm and remember…

KEEP THE FAITH, LOVE IS THE GIFT THAT REMINDS US WE’RE STILL ALIVE!!

LONDON — Carlyle Capital, the investment fund linked to the private equity firm Carlyle Group, said Friday that it was “considering all available options” after it received further margin calls, prompting some analysts to warn that more funds could struggle to meet increasingly tighter margin requirements.

The fund, which invests mostly in triple-A rated mortgage debt and whose investors include Carlyle Group managers, issued the statement after some of its lenders called in loans and then liquidated the collateral. Shares in the fund were suspended from trading on the Amsterdam stock exchange on Friday after dropping 58 percent the day before.

Increasing volatility and concern among banks about leverage levels, combined with fear that the global credit crisis could worsen, mean some lenders are asking for more securities as they question the value of even the highest-rated securities. Peloton Partners, a London-based hedge fund set up by some former Goldman Sachs partners, was forced last week to liquidate a $1.8 billion fund that invested in top-rated debt. The fixed-income fund of Kohlberg Kravis Roberts & Company was in talks with lenders last month about delaying some debt repayments.

“This phase has been driven by liquidation, and it raises the question, are others vulnerable, too?” said Vivek Tawadey, a credit analyst at BNP Paribas in London.

The Carlyle fund, which invested about $22 billion in mortgage debt issued by Fannie Mae and Freddie Mac, said on Thursday that it had missed four of seven margin calls worth a total of $37 million and said it expected to receive at least one more default notice.

But the company said Friday that it had subsequently received additional margin calls and was told by its lenders that further calls and “increased collateral requirements would be significant and well in excess of the margin calls it received.” Such additional requirements “could quickly deplete its liquidity and impair its capital,” it said.

The Washington-based Carlyle Group, one of the world’s largest private equity firms, has no investments in the fund and its exposure is limited to a $150 million credit line. But it is unclear how much of that is still available or whether Carlyle will be pressured to inject some liquidity in the fund, which is run by John C. Stomber, a former executive at the investment firm Cerberus.

Some analysts said that the fund, based in Guernsey, the Channel Islands, may have been more vulnerable because of its slightly higher leverage level of 32 times the amount of its equity, but that the margin calls are mostly related to the deteriorating market environment.

http://www.nytimes.com/2008/03…..ei=5087

“McCain has close ties to Chalabi”

Obama should challenge McCain to “denounce and reject” that crook.

g’nite norske

The Carlyle Group is Bush 1’s hedge fund Bush 2 is our current President do you have any ideas how much stones it takes to pull loans on an ExPresident and the father of our current President?
Or just how bad is the situation that the bank felt they had no choice.
When the rich stop getting preferential treatment well that is a good sign to panic.

Damm I missed Norske!

My thoughts too.

OOOH! That’s a catch! Senator McCain…promulgator of an covert Iranian-backed organization trying to foment war with Iraq by passing off bogus information.

Sounds just like Senator John is ready to step into the Oval Office on Day #1

…and continue the same bulldada that Bush did!

Hey, thanks! I thought this would be one of those ” message in a bottle” things. Polite silence, I regret my decision to stop lurking and speak….!
There are vets in every community sitting in their living rooms, throwing shoes at their T.V.s. It’s our job to let them know that the horrors they committed, the hell they endured, was NOT THEIR FAULT.
We were errant and didn’t have their backs. We chose to be seduced by politics and weren’t considering THEM. Can we stop doing that now? Can we stop pretending that Hillary, Barack, McCain are the names we want to focus on for the next American Idol ?

Thanks for the clarification. The fund sounded familiar, but I couldn’t remember the details. I’m trying to be extremely concerned without actually panic-ing.

OK, I think it’s pumpkin time for me too.

Goodnight firepups!

FunnyD

My tenth day of the worst brohchitis in 25 year. Thought I was going to cough up a lung. The only good thing is the excuse to drink (slightly) expensive brandy. But I just now ran out.

Mathematically, there’s no reasonable way for Hillary to get a majority of pledged delegates. All she can do is convince superdelegates that Obama is unelectable, i.e., trash him as much as possible. Everyone knows that. She and her staff know that. Obama and his staff know that. The entire press corps know that. So, anyone, particularly anyone in the press corps, who tries to take any of her shit seriously should be smacked down really, really hard. It’s all desperate bullshit from a hard-fighting but very desperate candidate.

Obama’s delegate lead is intact, and he is out-polling Hillary against McCain. Everything else seems to be an attempt to bid up the price of air-time.

margot is the one who found it

Polite silence, I regret my decision to stop lurking and speak….!

Stick around, please.

g’nite funny d

“The fund, which invests mostly in triple-A rated mortgage debt “

“Increasing volatility and concern among banks about leverage levels, combined with fear that the global credit crisis could worsen, mean some lenders are asking for more securities as they question the value of even the highest-rated securities.”

Triple A rated debt is the best stuff the rating agencies can rate debt. In other words the credit crunch has moved from Subprime (GOP election code for minorities the GOP tried to float that as a trial balloon in the press when the story first came out).
To Prime loans these our residential loans home loans from people with the best credit in other words Bush’s base the economic elite in the suburbs is hurting.
This will effect the election.

i’m sorry, openhope. i did not welcome you properly. i am very sorry and hope that you do not hold the lake accountable for my failure.

Goodnight Funnydiva2002

openhope, welcome

Seconded! Welcome ex-lurker! Look forward to hearing more from you, maybe at Late or Late Late Lake.

FunnyD

Poof, for realzies, this time!

nite diva

g’nite funny d – good dreams

When I read a book on Carlyle Group Poppy Bush went around the world, including South Korea as a board member gathering investors to capitalize the groups aquired weapons and military aircraft company purchases.
The rescue effort by Dubya smells of family conflict of interest.

Warren Buffet announced last week stocks were over priced. If they, wall street, can’t recover from this last two down days of around 400 drop, on Monday we better get something to hold on to.
Things are coming undone rapidly. Gold $1000.00 Oil $105.00 wheat off of the map and transports down.

Two things on my mind

Pretty interesing analysis of the Survey USA Poll of Electoral College Scenarios when you compare Hillary or Obama vs. McCain.

Turns out Obama would a) win more electoral votes, b) put more states into contention, and thus c) potentially have a landslide if turnout was good. In addition, Clinton’s strength is in large Blue States, Obama appears to be a prototype of the “50 State Strategy” that Senator Dean has advocated. Obama almost consistently brings percentages closer to him than Clinton does. in the Pacific Northwest, the Rocky Mountain West, the Great Plains, Texas, the Great Lakes littoral and the Mid-Atlantic States. That would mean that far more Democratic Senate and House seats would be potentially won in previously Red States. Hillary’s campaign would essentially be a defensive one. Obama’s would penetrate the “Red Curtain”, create more “battlegrounds” in states that would be secure under a Clinton-McCain contest and perhaps exhaust the RNC Treasury.

It’s bad shit, Big Bro. Bush’s King Feces touch has turned even the Amighty Dollar to dung.

And the other thing on my mind…wonder what this poor guy was thinking when the cops showed up on his door?

“We Did It?”

“Well officer, it was just a BIG Coincidence! But if you want I’ll explain my manifesto!”

Okay…. I’m going to be self-indulgent and do a little rant [ like the one’s I’ve read here and been shocked by ].
Everyone who reads this website has a community. Do you know the names of the soldiers in your community who have died in Iraq? If not, why?
Do you agree that our young people are our hope?
FUCK Hillary, Fuck Obama…..those are the bright and shiny things, the outcome is important,the daily bullshit is pablum for the masses, Give it half your interest and spend the rest on something more tangible. Like real live young families struggling to make sense of the shit our country has dealt them when they thought they’d signed up to defend freedom and get education benefits.
Okay, maybe I should just lurk…..I’m open to that idea.

You can call him Dr. Dean, or Governor Dean, or Chairman Dean, but one thing he is not is a senator.

excellent rant – one that now has me thinking – which is the purpose of all rants

very well done

Japanese Coast Guard Shoots Paul Watson

Sea Shepherd Captain Paul Watson Survives Shooting Attempt in Antarctica

Paul Watson immediately after he was shot

Today around 3:45pm Australian Eastern Standard Time in the Australian Exclusive Economic Zone of Antarctica, an attempt was made on the life of Paul Watson, Captain of the Sea Shepherd vessel Steve Irwin.

A single bullet was fired by what must have been an expert marksman at Paul’s chest, which embedded in his Kevlar vest and also damaged a metal badge worn behind the vest. Fortunately, this stopped the bullet penetrating his flesh.

The ships’ doctor was emphatic that without protection, the shot would have been lethal.

At the time the shot was fired, the Japanese whaling vessel Nisshin Maru was moving parallel to the Steve Irwin in stormy seas. The high level of movement indicates that the shot must have been fired by an expert.

The Steve Irwin continues to track the Nisshin Maru west after it altered its northerly course.

We have received verbal confirmation that the Australian Embassy has been advised by the Japanese that a crew member on board the Nisshin Maru fired “warning” shots. In addition to the lead bullet lodged in Captain Watson’s Kevlar vest, up to seven flash grenades were also hurled by armed Japanese Coast Guard Officers, injuring two other Steve Irwin crew members.

Captain Watson is now in a comfortable condition, and no whales are being slaughtered in the name of bogus research by these illegal poachers.

No warning was given that a bullet would be fired.

Video and still footage is now available in our Migaloo section.

The questions that need to be asked are who fired this shot, and who gave the authority to do it?

Report from Peter Brown, 1st Officer on board the Steve Irwin

Welcome, openhope!
I was looking up wireless high speed internet services in your area.

http://www.onelasvegas.com/wireless/WA.html

http://www.bbwexchange.com/wis…..-wisps.asp

I hope you get highspeed soon!

“with fear that the global credit crisis could worsen, mean some lenders are asking for more securities as they question the value of even the highest-rated securities.”

Because housing prices are falling the banks think that not only is the Home which is securing the mortgages is over valued they think it will drop further.
Why is th question?
Perhaps because Banks made loans to customers that they couldn’t afford, but they thought that the value of the home would both keep going up at a high rate, and that we would have low interest rates forever.
It would work…if you believe in Ponzi schemes or if you really thought that home prices would keep going up and interest rates ould stay low forever.
Larry Kudlow on the business channel might believe this but not even Milton Friedman would.
In other words the Bushy Bankers made these loans based on assumptions to crazy for Reaganomics.

OT
http://www.vanityfair.com/poli…..ntPage=all
Gaza Bombshell

Well now, I didn’t find anything to feel slighted for.
But I always appreciate good manners in a time of crisis. Thank you for being so considerate. I wasn’t put off. I can’t find your “failure”.
You’re awesome. You’re one of my ” teachers “. What’s not to love????

Hey get better! Lot’s of honey-lemon tea!

I agree that Hillary has to swing the Superdelegates (but so does Obama…but far fewer).

Obama needs to really make use of the Survey USA poll which shows that he’s a much better candidate for down-ticket candidates throughout the country. Hillary would draw her strength from Democratic strongholds…but Obama literally raids deep into the formerly red states…putting many in play. It’s likely he’d pull up several Congressional Reps and maybe push a few Senators and Governors over the top.

Superdelegates are (hopefully) interested in just this sort of “party building”, and many may be wanting to improve their own re-election chances. And they can’t be happy with the horrific ratings of the Democratic Party in Congress.

The police going to do anything?

ok, pups, that’s it for me tonight. g’nite all

So, it looks like, compared to Hillary, Obama would lose only: Florida, Arkansas, Delaware, Pennsylvania, and West Virginia. Hmmmmm. I have severe doubts about Hillary’s liklihood of winning three of those states and doubts about Obama losing two of them. But, I need to do more study before discussing those doubts.

nite suzanne
nice to be here this evening

One million empty homes maybe 100 million with little or no equity…that is a lot of unsecured paper being held by investment banks and hedge funds.
Reserve requirements increase as equity lowers… that is trillions and the banks have make marginn calls as well…it looks like 1929.

Look at a bell curve with a horizontal line as home prices continue falling new reserves and margin calls come due…the big investment banks are holding less than a trillion in cash as a buffer ( hoarding) that is making a big demand on capital so loan have stringent requirements like no credit dings…that squeezes the liquidity from the real estate industry…people have to sell at a loss that have to move.
It is the downward spiral that Ian Welch posted last week. The underriters may lose their AAA rating and we are in inflation and recession.
That is a bear.
Homeowners represent 70% of consumption so who is gonna be shopping when they have three months of equity between them and the missed mortgage payment?

g’nite folks –

sleep well, pups!

and please consider NOT purchasing anything from Japanese corporations until Japan ends commercial/”research” whaling.

bastards.

You are, of course, correct. Getting sleepy.

Does that mean that Cheney is going to paupers-prison?

I should clarify this is a fund set up by the Carlyle group. The main Hedgefund group is claiming that they are isolated from their funds mistakes, however they did give the fund $150 million I believe not to long ago.
The question of whether the main hedgefund is liable for the debts of its offshoot is beyond me…but the main hedgefund does have every reason to lie.

Kirk, that’s an unbelievable happening.
And bastards hardly covers it.

We live on a gravel road 1/4 mile to a cliff overlooking the Puget Sound in Wa.
We can invest in high speed and have them string it out from the main road…..or we can decide it’s just coolest toy we ever wanted,but no more.
Right now, I give small donations to every mo-betta dem candidate that’s profiled on FDL.
It’s a bitch to choose. More better Democrats or more better access. Obviously, hi-tech is losing.

Is he invested with the Carlyle group:)

openhope March 7th, 2008 at 11:27 pm
136
The serious sadness of living in an incredibly beautiful,secluded part of the U.S. is that there’s no high-speed internet. All the tantalizing clips you guys are accustomed to clicking on are basically out of my range. I just HATE that !!!!
Okay, now that’s out of my system.f$#& jealousy… I’d like to talk about building bridges in our communities. This is a main focus right now of a small, dedicated group in our small community.
Bridges between the politically active members of our community and the next town over. The mass demonstrations of the cities we can access and the ability to bring that energy back home to the people who are uncomfortable demonstrating .
Bridges between our older, peace-activists and the young Iraq/Afghanistan vets returning to their homes. The IVAW.org and Courage to Resist.org folks. My proudest moment was to host an anti-war rally as a private citizen and ask the Whatcom Peace and Justice Center[ Bellingham, Wa.]
to bring a young Iraq Vet to our rally.We were SO honored and proud to meet the young soldiers that responded to our call.
Trying to connect the dots as a community between our nation’s policy of endless war and the young people who are sucked into the hell of that policy is true community activism, because so many people just haven’t given it that much thought.
We stand with the vets, we honor their families and the hardships that have befallen them by the military service. We understand that this is a tragic injustice imposed on our best and brightest by a war of opportunity. We recognize that this is a war for profit.
My vision is to cast aside the war for our returning vets, to focus on the horrid re-entry into our communities. Help them….help their families….this has gone on too long. So many of our young soldiers come home from enduring hell-on-earth and we greet them with….NOTHING. Tough it out, don’t rock our cozy,consumer-driven slumber.If your children are struggling, that’s kind of to be expected , kind of bullshit but, hey, it’s not a non-military civilian’s problem….
Let’s stop the divide between military families and civilian families. Maybe we’re all part of the fabric. Maybe we ARE responsible to help the families that gave everything for our nation.
Call me crazy, but I can’t find the dividing line that says I’m different then them. And yes, I’m a liberal,feminist, tree-hugger.
___________________

i couldn’t agree with you more. that’s why i did a cut and paste on your comment. it definitely bears repeating.
the article in the NYT a couple of weeks ago about the unit in Afghanistan, fighting a hopeless, no-win battle and getting shot up in the process keeps haunting me. grass roots politics that has some passion and persistence is the only answer to an imperialistic warmongering political establishment. who knows what it will take, in the end, to change this shmeful, disgusting status quo but we must try. if we don’t, shame on us all.

i have to add, it’s the fucking Democrats as well as the disgusting Republicans who are responsible.

We remain dedicated to elect progressive legislators with a conscience. At the moment, as in much of the past, there seem to be more of those in the Democratic Party so I’m still voting as a Democrat.

cinnamonape, if you’re still here – your theory about the Canadians having heard the same message from both the Obama and Clinton camps, and are just waiting to break it out on Clinton a bit later, effectively making both sides look bad (and McCain better, by comparison) is looking pretty good tonight.

Kudos to your devious mind – I’m thinking you nailed it.

Openhope,
I figured that was the kind of choice you were facing. Bless you.

The Vanity Fair article isn’t quite a “bombshell,” though it is very comprehensive and well written.

There isn’t any new information in it I’ve been able to discern. What Really Happens covered this in real time, as did Counterpunch. People commented on it a bit at fdl at the time, too.

ThingsComeUndone March 8th, 2008 at 12:10 am
175
“with fear that the global credit crisis could worsen, mean some lenders are asking for more securities as they question the value of even the highest-rated securities.”

Because housing prices are falling the banks think that not only is the Home which is securing the mortgages is over valued they think it will drop further.
Why is th question?
Perhaps because Banks made loans to customers that they couldn’t afford, but they thought that the value of the home would both keep going up at a high rate, and that we would have low interest rates forever.
It would work…if you believe in Ponzi schemes or if you really thought that home prices would keep going up and interest rates ould stay low forever.
Larry Kudlow on the business channel might believe this but not even Milton Friedman would.
In other words the Bushy Bankers made these loans based on assumptions to crazy for Reaganomics.
________________

Larry Kudlow is the biggest liar on television. He is more dishonest than Falafel O’Lieley and every bit as dishonest as Tweety or Little Billy Kristol.

Just sayin…Carlyle is one small fish in the global econ…the subprime has grown to prime because of the downward real estate prices. there is a vortex sucking the capital out of the world economy. Recession or depression they way it works on wall street is the losers fade and maybe a lot go bellyup or the conglomeratesd down size to stay profitable. The market looks good but the economy shrinks in terms of production and consumption so there is less pie to go around. Where does the military retired and college grads get jobs? It is a viscious circle and we haven’t talked about local and state government coffers which are illegally running deficits now. Californis maybe $35 Billion down, my county $18 million down my community in bankruptcy chapter 9. Thank the Bush family and the neocon war mongers and their real estate bubble which Greenspan supported.

One million empty homes maybe 100 million with little or no equity…that is a lot of unsecured paper being held by investment banks and hedge funds.
Reserve requirements increase as equity lowers… that is trillions and the banks have make marginn calls as well…it looks like 1929.

“Some analysts said that the fund, based in Guernsey, the Channel Islands, may have been more vulnerable because of its slightly higher leverage level of 32 times the amount of its equity, but that the margin calls are mostly related to the deteriorating market environment.”

32 times leverage are they insane! I bet Bush 1 got the Carlyle Group real Preferential Treatment getting loans.
Everything I read said the loans were at 10-14 to 1 dollar of equity leverage. So was the financial press lied to and all the hedges got this leverage from the banks or was it just the Carlyle Group? If it was all the hedges getting these very favorable loans then well 32 is more than twice 14 meaning the Subprime/Prime mortgage problem is more twice as bad as people thought.
I however am trying to be optimistic I think it was just the Carlyle Group after all who did the banks go after first?
Bush 1’s hedge which had to tick Bush 2 off now either the bankers got some serious STONES.
Or at 32 to 1 leverage the banks knew the problem would hurt the Carlyle Group fund worse than the other Hedges.
Which explains why they went after them first. But the dam has been broken now I expect the summer to be a hedgefund/bank bloodbath.

At the moment, as in much of the past, there seem to be more of those in the Democratic Party so I’m still voting as a Democrat.

That’s an excellent way of putting it.

fahrender, we are the ones who have the responsibility to inject the image of ” Support Our Troops ” with real people we’re supporting.
I’m signing up to help one ” troop” get through the bullshit reams of paperwork required to exit the military. It’s the exact same procedure required from retiring military or injured military. Except the injured can’t do it themselves, it’s endless streams of crap !! But I can. I’m good at volunteer work. It’s dull, it’s anonymous, and it’s the most important aspect of a thriving community.
In a dull and boring way…. I rock!!!

I guess that would be KBR. But plenty of Bush cronies associated with Carlyle, and it wouldn’t surprise me if his blind trust has money in it.

It says something when Cramer is the best person they got! We need a lefty Business Channel bad. Payday loan companies and pawnshops being good stock picks are not a sign of a healthy economy.

please allow me to call you a hero.

it’s often dull and boring that get’s the job done.

Well the real question is…what did they actually “hear”? Was it just something like..”we aren’t intending to dump the treaty, simply renegotiate it along the lines of the original US-Canada trade pact…strengthening environmental and labor protections”…or were they telling the Canadians that even statements about renegotiation were just smoke-and-mirrors. While some folks seem to think that the Economic/Trade diplomat who took the notes was a “straight shooter” the fact that his notes became available to support the Canadian position, later completely retracted…seems utterly bizarre.

All I really know is the Clinton camp attacked Obama on something that they themselves had more quietly been accused of…rather than revealing that the Canadians had made such statements about their own position less than a week before.

goddamn insomnia – haven’t slept much at all in a week – tonight fell out around 7:00 – so now I’m just waking up and am in no way ready to jump into substantive conversation yet.

I’m just gonna drop a quarter into the jukebox and drink some coffee.

http://www.youtube.com/watch?v=57k1txvohZA

Kasey Chambers, with Lucinda Williams singing the low harmony…

And openhope – what fahrender said.

Where does the military retired and college grads get jobs? It is a viscious circle and we haven’t talked about local and state government coffers which are illegally running deficits now. Californis maybe $35 Billion down, my county $18 million down my community in bankruptcy chapter 9. Thank the Bush family and the neocon war mongers and their real estate bubble which Greenspan supported.

Where do they get jobs well we take the money that we are spending on the war and spend it on things that will give us a return on our dollar!
Like Big public works projects rebuilding our nations infrastructure a well maintained road for example can improve any car’s gas mileage.
I’m sure that people in Minnesota want some new bridges.
And I want some highspeed monorails like Europe and Japan have!
By improving infrastructure we improve cut fuel consumption with better roads and fuel efficient monorails thus lessening our dependence on oil.
Plus a smooth road means you drive faster, a monorail gets me to Suzanne’s faster with less fuel used.
Less fuel used means less oil money in Ossama’s pocket!

Cramer, over the top as he is, seems fairly honest. i just get to see what appears on internet video clips. i don’t go by his advice. i’ve chosen other people that i feel more in tune with to listen to. i sometimes feel somewhat guilty being in the market but, little as i have, i would have a lot less otherwise. and then i remind myself that Karl Marx played the market as well (not a justification, at all, but life is crammed with little ironies nevertheless.)

Which explains why they went after them first. But the dam has been broken now I expect the summer to be a hedgefund/bank bloodbath.

Along with many cities and counties going into bankruptcy, $3.50/gallon gas, squatters in vacated homes, massive inflationary increases…the Political Conventions appear to have come along at just the right time!

Better be careful…a single spark could trigger some very angry people!

Hey Wigwan you are one of the smartest commenters here on politics you are amazing. I am not so politially astute and have been on a learning curve that seems to demand more than I have…had a poli sci 400 class that almost ended my college (not really) it was like doing calc withput algebra or trig. Politics have like investment vehicle become extremely complex. I am a fair activist and speak regularly on affordable housing issues.
I hope you can kick the lung problem with good rest and some TLC/ Sending good health vibes your way. Get some sun every day and nibble on citrus and other fruit all day…lay off of caffiene…have some variety of teas and think happy thoughts.

Just don’t invest in war gambling or booze is my rule to avoid guilt. I like Cramer because when the market is going down he tells me why Wallstreet thinks the market is going down.
It is important to know the reality that brings a market down even if it might not be the true reality.
But Kudlow Arrgh! I only watch him stomach allowing when I want to know Bush’s thinking about the economy…or I’m desperate for material.

Little sugar with all the salt..sweet voices

Yes we are one step away from a reverse shock doctrine that we Lefties can use to swing the country European Style Left and not the weak left that Obama and Hilary are now proposing.
The GOP wants another war/terror attack to make them popular again another 9/11 Shock Doctrine event, but after 7 years of Bush and failure in war, a housing bubble, the dollar going down, higher gas prices, Ossama still walking around free the GOP is trying to shock back to life the hope of a GOP victory in November.

For them their only hope is a military take over.

trust me, I’m no hero.
When my kids were little and we were having a cranky day, I threw aside all my values of nutrition and said ” Hey, let’s go have lunch at McDonald’s.”
So. we all pile into the car,singing songs and feeling better. I pull into the parking lot, get out, and there’s a woman in the next car with her head tilted back at a weird angle .She’s got a bubble in her throat and is definately looking dead.
My response ,non-verbal..Oh, shit, there’s a dead woman…God DAMN it I didn’t need this today…..!!!
Not a hero.

Hi Mod if your still up ” For the their only hope is a military take over. “
should read For them their only hope is a military take over.”

thanks

thanks – just in that kinda mood tonight:

http://www.youtube.com/watch?v=IU1rZa8Ur_Q

Jackson Browne oldie…

Exactly…there are solutions for the willing…first you ahve to make bis oil move over as we capitalize sustainable energy like big windmills and solar farms and solar powered homes and buildings.
That means tax credits and other incentives passed tuit suit. Jimmy Carter advised getting of off oil during the embargo…almost 40 years ago we would have been in good shape now had we done so. So we we have to as Ian Welch said suffer some pull together like Open Hope is doing with the vets in Washington.
We can hire vets in the new energy industry with union living wages. And a lot more like getting medial service for everyone or at least moving in that direction.

bigbrother. Living wages period. For everyone that can work. When everyone has disposable income, then more people can get said economy moving. Pretty simple math, especially when you think of all the money tied up in CEO bonuses, salaries and golden parachutes.

Hard refresh, TCU.

Hey Bro. Thanks. I’ve been grabbing political education wherever I can get it. Mostly here and from some very clueful friends, who tolerate my endless questions.

Damn, we need to take this country back. And getting Obama or Hillary into the White House is only the barest beginning. They’re both a long way from what we really need.

Thanks Mod! Anyway we need to have the minimum wage index yearly to inflation.

Reverse Shock Doctrine higher gas prices alone might do it!

nobody’s perfect….!

Any word on Christy’s computer? And what happened at America Blog when they tried to help by posting the information? Did the trolls do a bum rush for some reason on America Blog?

i won’t tell anybody that you’re my hero ….!

Reverse Shock Doctrine higher gas prices alone might do it!

It’s bound to. By definition, that price will be reached at which the demand is equal to supply. And that price is independent of where the money goes. So, for example, the government could now put on a heavy tax, and the same consumer price would be reached as would be reached without that tax. The difference is that if the tax were put there less of the money would be going to the profits of the oil companies and more would be going to the public good. (But don’t tell anyone. That’s just a secret among us here.)

Love Green Peace. The good captain and crew need to stay behind real bullet proof cover. The Japanese are escalating…that shot from a a rocking ship to another was done by a world class sniper…probably sent in to kill the Capatain who handles that ship more skillfully than most could.
The world leading environmentalists and governments have to stop this. Wearing kevlar means the Captain had a heads up.

The Federal Reserve moved to add as much as $US200 billion ($215 billion) to the banking system over the next month to offset a deepening credit crisis that may have already pushed the US economy into a recession.

The central bank raised to $US50 billion each from $US30 billion the amount intended for auctions of funds on March 10 and March 24. The Fed also said in a statement in Washington today that it will make $US100 billion available through weekly 28-day repurchase agreements, where the central bank will lend cash in return for assets including mortgage-backed bonds.

The decision is the central bank’s latest attempt to reduce the threat to the economy from banks curtailing loans to companies and households. Banks and securities firms have posted losses exceeding $US188 billion since the start of last year as the impact of surging defaults on subprime mortgages rippled through world financial markets.

”Given what we have seen in terms of illiquidity in the financial markets in the last four or five days, this came right in time,” Ajay Rajadhyaksha, head of fixed-income strategy at Barclays Capital in New York, said in an interview with Bloomberg Television.

The Fed said it will increase the sizes of both the so- called Term Auction Facility operations and the repurchases ”if conditions warrant.”

Traders increased bets that the Fed will lower its benchmark interest rate by three quarters of a point this month after a government report showed the biggest job loss in five years, adding to evidence the economy is contracting. Odds of a smaller, half-point reduction fell to 2% from 26% yesterday, futures prices showed.

Fed officials said today’s announcement wasn’t related to the jobs report, and instead was aimed at addressing the deterioration in credit markets. The officials, speaking on condition of anonymity in a conference call with reporters, also said the measures won’t expand the Fed’s balance sheet.

At the same time, the central bank’s balance sheet will likely change in composition as a result of today’s announcements. Changes in the way the Federal Reserve Bank of New York accepts bids for repos will probably boost the level of mortgage-backed debt the Fed holds, while reducing the level of Treasuries, a Fed official said.

In effect, the Fed is using its own balance sheet to help banks and bond dealers finance assets riskier than US government debt.

The move comes as investors are questioning the worth of even the highest-rated securities after Standard & Poor’s and Moody’s Investors Service assigned AAA grades to bonds backed by mortgages to borrowers who are now struggling to make their payments.

Carlyle Group’s mortgage-bond fund was suspended in Amsterdam today after creditors forced the sale of some holdings, jeopardizing shareholders’ capital. The fund borrowed to buy about $US22 billion of AAA rated mortgage debt issued by Fannie Mae and Freddie Mac.

Citigroup Inc., the fourth-largest US home lender by new loan volume, said March 6 it plans to pare its mortgage and home-equity loan holdings by about $US45 billion, or 20%, over the next year.

Federal Open Market Committee members are next scheduled to meet on March 18. As credit stresses increased since the last gathering on Jan. 29-30, speculation has increased among traders that officials will consider lowering rates before the next meeting, as they did on Jan. 22.

Officials said they will keep the benchmark federal funds rate target around the level set by the FOMC, indicating they don’t plan for the liquidity measures to drive the rate lower.

The central bank introduced the TAF, a lending tool that allows banks to give the Fed a range of collateral in return for loans, in December. The TAF loans for this month have a 28-day maturity.

”What the Fed’s saying with the TAF changes is, `We hear you and we want to ensure everybody has financing for good collateral,”’ said Joe Tully, managing director of the money- market desk in Newark, New Jersey, at Prudential Investment Management, which oversees about $US55 billion.

http://business.smh.com.au/fed…..-1y0z.html

The central bank raised to $US50 billion each from $US30 billion the amount intended for auctions of funds on March 10 and March 24. The Fed also said in a statement in Washington today that it will make $US100 billion available through weekly 28-day repurchase agreements, where the central bank will lend cash in return for assets including mortgage-backed bonds.

My Bold
So Banks are doing margin calls on a President’s hedgefund because they do not trust the value of the Subprime/Prime mortgage loans the hedgefunds bought from the banks?
But the Federal Reserve going to accept these loans as collateral? Is the Freakin Fed going to accept this paper as collateral at the original price?
Even when the banks won’t?
I want some Senate hearings! I want the Fed to start drug testing I think Helicopter Ben is drinking more than cool aid!

Okay,okay….It’s just a matter of semantics. What is a HERO.??
Yeah, I guess in the dullish daily affairs , I’m one.
But , what if we don’t set the bar so low ?
What if we reserve that label “Hero ” for more than the little community communication that I do. What if we aspire to greater achievements ?
There are far greater heroes in our community than me. Actually, I’m an activist, not a hero. But, if we were to have a true discussion of real “heroes”, I would have several young people I would name to that most honored labeled.
And no, I don’t belong to the list.

The central bank raised to $US50 billion each from $US30 billion the amount intended for auctions of funds on March 10 and March 24. The Fed also said in a statement in Washington today that it will make $US100 billion available through weekly 28-day repurchase agreements, where the central bank will lend cash in return for assets including mortgage-backed bonds.

I hope the Fed is this generous when we Lefties want to finance rebuild America’s Infrastructure and go Green Energy projects!

Openhope,

Hope you are still here,

Thanks for your comments tonight. I am actually sitting here wearing my benefit t-shirt from a fund raiser for a home town returning vet that got shot in the head 2 months after his wife gave birth to twins. I recall we raised about 18k that day. The small town we live in is very close to Austin, TX and our very active and large biker community does a significant amount of “support the troops” work. No fan fair, no press, just plain old nuts and bolts help each other out in times of crisis. It is its own reward. So nice to hear it is going on in other parts of the country and, now that I think about it, of course it is.

Mr.Cbl

There is a fundamental flaw with attempts to stave off recession by lowering interest rates: Who is qualified to borrow that money?

To borrow money, one must have some combination of unmortgaged equity in assets and or unencumbered discretionary income. With declining real-estate equity and flat incomes, most Americans are pretty well mortgaged up and have no residual borrowing capacity, regardless of how low the interest rate. And, from what I hear, most businesses are not good borrowing prospects either.

So, the monetary stunts that got us out of previous recessions are likely not to work this time. Sigh!

The decision is the central bank’s latest attempt to reduce the threat to the economy from banks curtailing loans to companies and households. Banks and securities firms have posted losses exceeding $US188 billion since the start of last year as the impact of surging defaults on subprime mortgages rippled through world financial markets.

$188 billion in losses and Helicopter Ben only a few months ago was saying the Subprime problem was contained and the economy was fine. (I want Helicopter Ben drug tested!)
The problem has spread to Prime loans! The problem has spread to Bush 1’s hedgefund!
Funny how the very same day that happens the Fed and Bush 2 both admit that there is a problem and come up with a *cough* solution.
Given Bush 2’s and Helicopter Ben’s track record I’m sure the banks will have a TRILLION DOLLARS IN LOSSES BY THE SUMMER.
After all they only have another $22 Billion to go.
When can we call it and say Bush is worst than Herbert Hoover with the economy?

Damn, we need to take this country back. And getting Obama or Hillary into the White House is only the barest beginning. They’re both a long way from what we really need.

I really don’t understand economics on any grand scale. But it seems pretty simple to me that what, for decades we’ve treated as the oil “crisis”, should more properly be viewed as the single biggest *opportunity* that perhaps this country has ever had – if only someone had the balls to get it all moving.

Re-tooling the country (and Detroit) to move away from oil dependency, a massive upgrade of the infrastructure – these would create hundreds of thousands of jobs. And change the nature of the country from one that has to beg for money from other countries to one that is truly self-sustaining. I think that the spending generated from new jobs would offset the cost of infrastructure upgrades. And as to moving away from oil to wind and/or solar- well, that would piss off an awful lot of Very Important People – fuck ‘em.

It’s not a “crisis”, it’s an opportunity. It would be nice for this country to once again be a super-power in more than name only. And as for Big Oil – get on board or get left behind (and please excuse me if hope that they get left behind).

… the central bank will lend cash in return for assets including mortgage-backed bonds.

Huh? One doesn’t “lend cash in return for” an asset; one exchanges cash for an asset.

Here, I’ll lend you $70,000 for a deed to your house. You can pay me back in monthly installments. Meanwhile I’ll sell the house.

Yeah! I think the Fed’s *cough* solution is a joke Obama and Hilary need to get on the stick and do something now! Or else they will inherit this mess which the GOP will blame them for when taxes are raised.
Any tax to pay for the war must be called the “Pay for Bush’s War Tax” That and only the rich must be taxed!
The middleclass and poor gave at the office paying for higher gas prices already!
But you know if we end the war now during Bush’s term and use that war money to start rebuild infrastructure and green power projects NOW! We can get a head start on fixing the economy.

That has me confused too! Well I think logically so of course I don’t understand Bush 2 economics. Even Reagan would call this Vodoo!

Kinda lets ya see the fact that they can not bring themselves to say the words that really need to spoken out loud right now; We do not have a liquidity problem, we have a solvency problem. Playing asset, asset, who’s got the asset will not fix anything.

Yes, I’m here but fading…….. it’s kind of stressful to comment. I very much enjoy my ” Oh crap, here she comes ” form of fundraising for community projects. They support me, yet, that comes with gossip.I LOVE no gossip at this site.
The soldiers returning don’t have that community involvement. I could telephone myself crazy and the larger community wouldn’t know that I was asking for them to just shut-the-hell-up and listen to what our soldiers needed.
I love our young vets with the courage to speak out. IVAW.org or Courage to resist.org

You’re abolutely right. And, I think that has been obvious to every person in the energy business since the 1973 oil crisis. Geographers predicted the timing of peak oil relatively accurately about thirty years ago. If you are interested in energy policy, check out theoildrum.com for some of the best discussions. Also see some of the diaries by Jerome a Paris at Dkos.com.

My own best guess is that we’ll ultimately have to go to nuclear energy. I’m aware of the toxicity and weapons potential of the fuels and by-products, but ultimately we are likely to be forced to accept those by energy demands. Also, there is a nuclear alternative that has negligible by-products and weapons potential, namely Thorium-based nuclear energy. See thoriumenergy.com.

I love our young vets with the courage to speak out. IVAW.org or Courage to resist.org

And I love to hear of grassroots organizers gettin shit done.

Thanks,
Mr.Cbl

Playing asset, asset, who’s got the asset will not fix anything.

May I quote you?

The central bank raised to $US50 billion each from $US30 billion the amount intended for auctions of funds on March 10 and March 24. The Fed also said in a statement in Washington today that it will make $US100 billion available through weekly 28-day repurchase agreements, where the central bank will lend cash in return for assets including mortgage-backed bonds.

Which banks are asking for loans? and for how much? If investors do not know which banks are in trouble then they will assume that they all are in trouble.
A lack of transparency to protect weak banks will hurt all the banks even the strong ones.
I foresee that the strong banks in response to questions of their solvency, assuming that there are any announcing that they are not taking any Fed Loans.
I see Bush and the Fed getting angry about how such announcements threaten the stability of the banking system.

I would be both honored and embarrassed by the flattery. Yes.

Mr.Cbl

ok, waking up a bit now, but still pretty much incapable of intelligent conversation. I’ve got two quarters left – here goes one.

From my all-time favorite bar band, Sonia Dada:

http://www.youtube.com/watch?v=y0tGNOWvC1k

That has me confused too! Well I think logically so of course I don’t understand Bush 2 economics. Even Reagan would call this Vodoo!

I forget who’s law it is: “Thing that can’t go on forever won’t.”

Everyone knew that making loans to people who couldn’t service them in the long run couldn’t go on forever. But so long as real estate prices were inflating lenders felt secure and borrowers could take out seconds to pay their mortgages. Eventually, however, the whole house of cards hand to come tumbling down along with the retirement funds that loand the money (about which we’ve not yet heard).

retirement funds that loand the money (about which we’ve not yet heard).

That is the next shoe to drop!

Doesn’t “Peak Oil” become relevant only when coupled with price?

i.e. Light Sweet crude at $30/bbl – well, we’re probably past Peak on that. More “sour” oil, which needs more refining and thus costs more, say $60/bbl, no Peak there yet, I think. And oil extracted from Canadian tar sand (?) at whatever price, is still entirely available.

My point, if I am in fact even making one, is that there is no real oil shortage – only a shortage of “cheap” oil.

It is our duty to hold their needs above the clamor for brighter and shinier things, don’t you think?
We need to commandeer the discussion of ” most serious topics” before we’re all sliding into the “ditch”, you think.?
I just don’t understand why we are so eager to be involved in this long, drawn-out primary. Every most important issue is less than the shiny/object/debate/innuendo. Are we so bright.and yet so manipulated?
Becoming friends and developing such deep respect for our young soldiers who are fighting every f$$$ing day to be heard is a humbling/invigorating experience.Wake UP !!!!!!!

Traders increased bets that the Fed will lower its benchmark interest rate by three quarters of a point this month after a government report showed the biggest job loss in five years, adding to evidence the economy is contracting. Odds of a smaller, half-point reduction fell to 2% from 26% yesterday, futures prices showed.

Traders think that the Fed will cut rates 3/4 of a point and the market still goes down? Has the Fed lost control of the economy?
The Fed better cut more than that they know the traders have already priced into the market a 3/4 point rate cut AND WALLSTREET DOES NOT THINK THAT IS ENOUGH.
Nor apparently is the Fed’s funny lending program to the banks convincing WallStreet that Bush has a handle on the economy.
After all the market STAYED DOWN AFTER THE FED ANNOUNCEMENT!

I haven’t looked at that stuff for a while, but I think we’re at or slightly past peak production right now. Per the Wikipedia:

Optimistic estimations of peak production forecast a peak will happen in the 2020s or 2030s and assume major investments in alternatives will occur before a crisis. These models show the price of oil at first escalating and then retreating as other types of fuel and energy sources are used.[3].

Pessimistic predictions of future oil production operate on the thesis that the peak has already occurred[4][5][6][7] or will occur shortly[8] and, as proactive mitigation may no longer be an option, predict a global depression, perhaps even initiating a chain reaction of the various feedback mechanisms in the global market which might stimulate a collapse of global industrial civilization.

Per the Wikipedia:

perhaps even initiating a chain reaction of the various feedback mechanisms in the global market which might stimulate a collapse of global industrial civilization.

Well that’s certainly cheery. I think I’m gonna have to stop looking at the Wiki… *g*

TCU and Wig’,
I think it is more fundamental than any of this. The bond auctions are beginning to fail. More simply stated; entities are backing away from buying our debt. This includes both government and corporate. It is very bad and getting worse by the day.

When you have assets to mortgage and no cash, you are in a liquidity crises. When everything you have is mortgaged and you have no cash, your are f*cked. The almighty dollar was our asset to mortgage, now….not so much.

Mr.Cbl

Hey, time to hit the nyquil. G’nite everyone.

In effect, the Fed is using its own balance sheet to help banks and bond dealers finance assets riskier than US government debt.

No in effect the Fed is risking a much weaker dollar if these assets are over valued and the banks can’t pay.
We the American tax payer then get stuck with the weaker dollar.
Bush has in effect found a way to tax the American people without going to Congress!

nite wigwam

Good Night Wigwam its always good talking to you:)

nite wigwam
nite pups
it’s been amazing to just sit back and read you all tonight

You are right nobody but the Fed will touch this paper and if the hedgefunds have to raise cash because of margin calls then they have to sell mortgage loans nobody wants…unless the fed buys their paper too!
Arrgh! Hilary and Obama better stop that or Gold and oil will go up so fast that only prius drivers will be able to afford to drive. And Gold buyers will be the only people who have any extra cash!
Reverse Shock Doctrine for sure then!

We’ll know gay rights and equality have been achieved when “teh” doesn’t show up in the spell check…

Thanks next time feel free chime in ask a question having to explain stuff forces us to examine a subject again and improve our writing.

“teh” ?

In effect, the Fed is using its own balance sheet to help banks and bond dealers finance assets riskier than US government debt.

No in effect the Fed is risking a much weaker dollar if these assets are over valued and the banks can’t pay.
We the American tax payer then get stuck with the weaker dollar.
Bush has in effect found a way to tax the American people without going to Congress!

I’m not sure this is legal?

Every most important issue is less than the shiny/object/debate/innuendo

I use the election and related hoopla as a conversation starter to move those I meet to be more involved and informed. Or, I try.

And g’night wig.

Mr.Cbl

We got screwed when Neil Bush did his Savings and Loan shell game in Colo. in the 80’s. Big time. Ugly!!!
The children have been screwed when that same asshole Bush brother did his add-on to No Child Left Behind with the Purple Cow machines that every school was required to purchase for every primary grade. Screw me once shame on you, screw me twice….and we’re homeschooling without registering so FUCK YOU……
The good news is that our kids turned out well adjusted, no problems with homeschool and we all protest together. The new family outing.
Also, they have job offers constantly because they’re “grounded and reliable”.

Carlyle Group’s mortgage-bond fund was suspended in Amsterdam today after creditors forced the sale of some holdings, jeopardizing shareholders’ capital. The fund borrowed to buy about $US22 billion of AAA rated mortgage debt issued by Fannie Mae and Freddie Mac.

When did the Carlyle Group borrow to buy 22 billion in mortgage debt? They had to know that for months everyone was unloading even triple A mortgage loans. Heck I knew that and I just read the google/yahoo news!
Don’t people pay hedgefunds extra money because they have *cough* financial experts working for them. Don’t the Hedges have insider knowledge of whats going on?
What was their plan to make money off of mortgage debt that nobody wants in this economy? Seriously I could use a good laugh!

Is very Bush a burden on taxpayers?

Sorry that should be is Every Bush a burden on taxpayers?

To bad for us the Fed’s balance sheet is in a state of balance shit.

I am waiting for word that the holders of our debt are starting to sell instead of continuing to buy. We are rapidly approaching the point at which they will have no choice.

Mr.Cbl

Just what is a purple cow machine? Again I could use a laugh:)

I’m guessing that after the Olympics China one of the biggest buyers of Treasury bills will make us an offer we can’t refuse…Taiwan.

A fool and her money is soon parted. It just might take a few generations when your as rich as the Bushes unless they expand their genepool.

ok – it’s after 6:00 A.M. Last quarter time.

Bruuuuce!! Bring me a sunny day!

http://www.youtube.com/watch?v=RGw5uvRqMW4

nobody liked the Sonia Dada?

LOL.

”What the Fed’s saying with the TAF changes is, `We hear you and we want to ensure everybody has financing for good collateral,”’ said Joe Tully, managing director of the money- market desk in Newark, New Jersey, at Prudential Investment Management, which oversees about $US55 billion.

“good collateral” OK then why won’t the banks accept AAA mortgage loans from the hedgefunds then? And why is the Fed then accepting loans the banks won’t touch?

Ding ding ding ding……a winner.

It will be the bursting of the dam. There is a foreign policy, as well as financial shit storm waiting for us this summer. And we are stuck with team anti-diplomacy. Thank god they’re reading my email and listening to my phone calls, ya know, doing the real heavy lifting of governance.

God, I wish we could laugh. It’s a fake phonics program that’s supposed to be interactive except it’s so awful that it’s a joke. Think Sesame Street on stupid. I think the average cost is $4000 per classroom, but can’t vouch for that. Either way, it’s an enormous cost for a stupid little contraption. And the schools have to buy them to get federal funding.Literally, they are so assinine that teachers are putting them in the closet. But Hey, No Child Left Behind, and don’t forget that that means student info required to be handed over to the military in high school.
And we wonder why our children are disconnecting.

And why is the Fed then accepting loans the banks won’t touch?

It is the only way to delay the inevitable collapse.

“No Child Left With a Mind”?

We need a post on this!

So few, so far between………..

It is the only way to delay the inevitable collapse.

Delay not fix which is why the market went down. The day we get a real plan that will work like ending the war and rebuilding the infrastructure and getting green power the market will go up!

Thanks I needed a laugh!

Was this how Bush 2 learned to talk?

Was this how Bush 2 learned to talk?

I think we’re still waiting for that to happen…

Literally, they are so assinine that teachers are putting them in the closet.

Thats not all Bush has in the closet whatever happened to the White House visitor log entries for Jeff Gannon?

Why Laura married him is beyond me? Couldn’t she bag a rich guy who could talk?

Well, MY opinion was that they stuck him in a high chair, in front of a T.V.-and he learned to talk!!!!!
And that’s about all he learned in terms of thoughtful dialog.
But, I’m known for my dark thoughts on some issues, so don’t quote me.

Laura was a faded rose when she married him. I’m thinking her chances of nailing money weren’t so ripe at 30 something.

Why Laura married him is beyond me? Couldn’t she bag a rich guy who could talk?

well, given my opinion of Laura, I’d say, ummm – no.

and don’t forget that that means student info required to be handed over to the military in high school.

Funny I thought Bush said thatwe could win in Iraq without a draft so that makes no sense? But hey what do I know I still can’t figure out the reasoning behind Bush economics!
Now if I could explain the reasoning behind that and the rules of Busheconomics I would be…insane?

I could pretty much do without the image of Laura “nailing” anything…. or anyone.

She’s not ugly I’m guessing VERY low self esteem.

Twins maybe artificial insemination? Fertility treatments? I’m sure the Bush family trust pays more if you produce heirs.

Funny I thought Bush said that we could win in Iraq without a draft so that makes no sense?

I think the Bush “draft” consists of churning out “students” with no marketable skills, and thus all that they can do is…

But hey what do I know I still can’t figure out the reasoning behind Bush economics!

The bush economic plan:
Destroy the middle class, make us all very poor, leave no option but the military for our children in terms of making a living. Just a guess.

Mr.Cbl

Once again, I’d prefer not to have images of Bush procreation conjured – especially before breakfast. *g*

Your selling the kids to short after all the youngsters are voting for Obama! Its the older people who watch O’Reily. Although just who with money and an education watches Kudlow is beyond me!

Good lord, well, if we must get into Laura’s sex life I can’t think of a better example than what we saw with Mission Accomplished. Either he was enjoying the moment, or,umm,oh, never mind.

The bush economic plan:
Destroy the middle class, make us all very poor, leave no option but the military for our children in terms of making a living. Just a guess.

Mr.Cbl
reply

well except for the draft part you are describing Mexico’s economic plan…to keep lazy rich folks safe from younger educated people. Old money hates competition…inbreeding you know is not just a Bush family old money American problem.

Good lord, well, if we must get into Laura’s sex life I can’t think of a better example than what we saw with Mission Accomplished. Either he was enjoying the moment, or,umm,oh, never mind.

I thought only men liked Chris Mathews liked the view! Arrgh! Brain Bleech that one was to far!

Once again, I’d prefer not to have images of Bush procreation conjured – especially before breakfast. *g*

Conjured Yes Blackmagic a scienceology moonchild!

Good lord, well, if we must get into Laura’s sex life

I’m thinking she married him for his obvious tap-dancing skills…

goodnight. Thanks for a fine evening.
Remember, it’s up to us to learn the names of our young soldiers who are asking for truth. Winter Soldier is coming March 13 – 16.
An Iraq version of the Vietnam vets truth telling. We need to have their backs as they tell of the horrors they were forced to commit in our name. we need to listen and ask for their forgiveness.
It takes a whole lot of courage to speak truth to power, and the young vets are on it !!!

The most well known and documented story of Hubbard’s relationship with Jack Parsons, is that of the Invocation of the Goddess, Babalon,” which they performed in the “Babalon Working” ritual along with “Scarlet Woman,” Marjorie Cameron. The goal of this ritual was to produce a satanic “Moonchild.”

http://www.lermanet.com/scientology-and-occult/

I suppose with Darth’s help you don’t need L Ron’s advice on the matter.

Goodnight Openhope nice ta meet cha!

g-nite openhope!

good night openhope!

Ok I’m off to sleep jayt its been fun!

Good Nite cb12 I thought you left

Good night TCU – we’ll do it again sometime!!

Good night TCU.

hmmm – seems we’ve officially moved into the “I’m just entertaining myself” (well, and my neighbors – I live in an apartment) portion of the program, therefore….

Zombeee!!

http://www.youtube.com/watch?v=d-s53IEAf4w

and hey, Mrcbl, don’t worry – not a lot of people share my taste in music either (just in case)

Good Morning. It’s dreary outside, but way cozy inside.

Thanks for the music jayt, enjoyed soniadada very much. Got any more quarters?

Got any more quarters?

Lemme check the couch cushions….

Got a real cool Bob Dylan – or an old Earth Wind & Fire classic ready to go – any preference?

1,780 DAYZ AND THE KILLIN’ GOEZ ON AND ON AND…

Any of the crazies out there this AM…I listenin’ ta the music, got the 3 hours of sleep that these God damned steriods will give me…WOW, EdwardTeller should hear this …GREAT STUFF!!!

Oh, please, your choice!

ok – I’m goin’ with the non-Dylan Dylan:

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

1,780 DAYZ AND THE KILLIN’ GOEZ ON AND ON AND…

Citizen jayat and the early mornin’ Firepup Patriots:

How ’bout some Robert Johnson…friend at work jest got a recently released remastered Library of Congress compilation…says it’s incredible?

KEEP THE FAITH AND THE MUSIC WILL SET YOU FREE!!

Good morning, pups. It’s La Collins and Mr. Herbert today. La Collins says that while Barack Obama may understand the audacity of hope, only Hillary Clinton really gets the audacity of audacity. She also included a bit of a history lesson on the only President from Pennsylvania. Mr. Herbert says Barack Obama can’t win wrestling in the mud with Hillary Clinton, and that it will not put him in the White House.

http://mgpaquin.wordpress.com/

The coffee, tea and hot chocolate are ready, and I’ve got a full Southern breakfast today because there’s going to be lots of digging in the garden later. Help yourself to scrambled eggs, sausages or bacon, grits and biscuits. I’ve recently discovered the joys of loose tea, so try some Supreme Breakfast, which is described by The Tea Table as “A strong and satisfying English breakfast blend, very smooth due to lots of golden tips.” There’s a hint of smokiness too… Yummy!

No problem – “Up jumped the Devil”

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

mornin’ Marion…

that was a treat and new to the insulated me.
Norske, this is one more late late night thread to bookmark for all the music

Good morning Marion, yumm scrams! What are you digging for today?

Mornin’ all!

ok – one last one – showin’ my age here, but i’ve always loved this EW&F, the harmonies, changing keys, and it all works:

http://www.youtube.com/watch?v=C93maSeGXtY

my neighbors are always soooo happy when I wake up this early on a weekend morning…

What are you digging for today?

I got my new asparagus roots from Burpee to put in the expanded asparagus bed, so I’ll be doing some serious digging. 25 roots, and they like to be 8 or 10 inches deep. Mercifully they’re going into a recently tilled bed so the dirt is “diggable.”

Good morning everyone.

I had a crown from a root canal pop out last night. No more jelly beans!

Ugh, now a bill that I really can’t afford. I do have some dental insurance however I haven’t been on it long enough for the major expenses.

Oh Noes!

Ahh, my mother would love you. Asparagris, one of her faves, yet turns out her identical twin hated asparagus, go figure.

ahh thank you jayt, another one to add to my fdl playlist :)

HA! No dental problems there.

I do have some dental insurance however I haven’t been on it long enough for the major expenses.

sux MM, this is why healthcare insurance should NOT be tied to employment.

Marion, when does the jasmine bloom down there?

You’re right about that. And the pre-existing conditions that get excluded from new policies is another area that needs to be addressed.