Uber-Bear and proud of it

[Ricechex]

I don’t wish for a recession. However, I must agree with you–consumption is out of control. It is really sad. I remember the clearing of a some wild land in Ohio, for a gigantic mall. All the little rabbits and other wildlife were seen roaming looking for food and where to be. They were constantly getting run over. In SD, for a time, there were lots of coyotes coming up from the canyon looking for food. I felt really sad, but I knew better than feeding wildlife, creates dependency. I have seen the Redwoods in Northern CA just disappear over time. They leave some by the side of the road, so you don’t know that they have cut them down to nothing behind the road. It is really sad.

I hate when whales wash up on our beaches. Sometimes they are hurt or indirectly poisoned by the dirty waters. The Navy uses sonar which destroys dolphins. I was at Mission Bay this summer jetskiing (which goes against my grain so I was being a hypocrite and felt bad the whole time) and saw a sea lion on a buoy with something around its neck. It was gradually being strangled to death. I had my friend get the cell phone out and I called Sea World. I doubt that anything happenned. It took all of me to be a good sport and not cry and ruin the day. But, I cried later when I got home.

Yes, the planet won’t be able to take much more. I think living conservatively is better for us all. Oh, and I can’t stand Hummers.

[4plexowner]

put me in the ‘hoping for a depression’ camp (yes, that’s depression, not recession)

the way I see it, there is at least $450 trillion dollars worth of derivative paper that has to be marked to its true value of zero – since people with a vested interest in the status quo are going to fight this massive loss of ‘wealth’ with every tool at their disposal, the re-pricing will take much longer than it should (see Japan for a case study)

all of this paper ‘wealth’ and the financial games that it enables will end because they aren’t based on any fundamental economic activity (like making a product or providing a service) – this derivative paper is like $450+ trillion dollars worth of free lunch floating around the planet only there is a problem: FREE LUNCH DOESN’T EXIST!!!

We could write all of this paper down to zero value overnight but that still wouldn’t get us back to a healthy economy because we wouldn’t have done anything to change people’s behavior or attitudes

It is going to take years to change the attitudes and values of the current American consumer – a shallow recession isn’t going to do the trick – Americans are so out of touch these days that most of them won’t even be aware we are in a recession unless some contestant on American Idol happens to mention it in passing

believe it or not, I am an optimist and believe that the future is bright for human beings – I am also a realist (engineer by birth and training) and this is how I see the world currently

call me an uber-bear if you want – reality only sucks if you choose to perceive it that way

~

Here’s Brian Bloom with some thoughts along the same lines:
http://www.321gold.com/editorials/bloom/bloom120307.html

Personally, I am cheering for gold because I believe that a meaningful rise in its price will signal the end of an era of selfishness, callous disregard for others and for our environment. It will represent the end of an era of political rule by people who are not fit to call themselves the leaders of society – not because they lack the ability, but because they are generally devoid of wisdom, empathy, respect and love for the people whose interests they are supposed to be representing.

To me, the glass is half full. I see change coming. It will be painful, but it will lead to better things as our values become appropriately prioritised. I see us moving out of the testosterone addled Neanderthal era, and towards a new era where we care more about the consequences of our selfish actions.

[4plexowner]

put me in the ‘hoping for a depression’ camp (yes, that’s depression, not recession)

the way I see it, there is at least $450 trillion dollars worth of derivative paper that has to be marked to its true value of zero – since people with a vested interest in the status quo are going to fight this massive loss of ‘wealth’ with every tool at their disposal, the re-pricing will take much longer than it should (see Japan for a case study)

all of this paper ‘wealth’ and the financial games that it enables will end because they aren’t based on any fundamental economic activity (like making a product or providing a service) – this derivative paper is like $450+ trillion dollars worth of free lunch floating around the planet only there is a problem: FREE LUNCH DOESN’T EXIST!!!

We could write all of this paper down to zero value overnight but that still wouldn’t get us back to a healthy economy because we wouldn’t have done anything to change people’s behavior or attitudes

It is going to take years to change the attitudes and values of the current American consumer – a shallow recession isn’t going to do the trick – Americans are so out of touch these days that most of them won’t even be aware we are in a recession unless some contestant on American Idol happens to mention it in passing

believe it or not, I am an optimist and believe that the future is bright for human beings – I am also a realist (engineer by birth and training) and this is how I see the world currently

call me an uber-bear if you want – reality only sucks if you choose to perceive it that way

~

Here’s Brian Bloom with some thoughts along the same lines:
http://www.321gold.com/editorials/bloom/bloom120307.html

Personally, I am cheering for gold because I believe that a meaningful rise in its price will signal the end of an era of selfishness, callous disregard for others and for our environment. It will represent the end of an era of political rule by people who are not fit to call themselves the leaders of society – not because they lack the ability, but because they are generally devoid of wisdom, empathy, respect and love for the people whose interests they are supposed to be representing.

To me, the glass is half full. I see change coming. It will be painful, but it will lead to better things as our values become appropriately prioritised. I see us moving out of the testosterone addled Neanderthal era, and towards a new era where we care more about the consequences of our selfish actions.

[4plexowner]

put me in the ‘hoping for a depression’ camp (yes, that’s depression, not recession)

the way I see it, there is at least $450 trillion dollars worth of derivative paper that has to be marked to its true value of zero – since people with a vested interest in the status quo are going to fight this massive loss of ‘wealth’ with every tool at their disposal, the re-pricing will take much longer than it should (see Japan for a case study)

all of this paper ‘wealth’ and the financial games that it enables will end because they aren’t based on any fundamental economic activity (like making a product or providing a service) – this derivative paper is like $450+ trillion dollars worth of free lunch floating around the planet only there is a problem: FREE LUNCH DOESN’T EXIST!!!

We could write all of this paper down to zero value overnight but that still wouldn’t get us back to a healthy economy because we wouldn’t have done anything to change people’s behavior or attitudes

It is going to take years to change the attitudes and values of the current American consumer – a shallow recession isn’t going to do the trick – Americans are so out of touch these days that most of them won’t even be aware we are in a recession unless some contestant on American Idol happens to mention it in passing

believe it or not, I am an optimist and believe that the future is bright for human beings – I am also a realist (engineer by birth and training) and this is how I see the world currently

call me an uber-bear if you want – reality only sucks if you choose to perceive it that way

~

Here’s Brian Bloom with some thoughts along the same lines:
http://www.321gold.com/editorials/bloom/bloom120307.html

Personally, I am cheering for gold because I believe that a meaningful rise in its price will signal the end of an era of selfishness, callous disregard for others and for our environment. It will represent the end of an era of political rule by people who are not fit to call themselves the leaders of society – not because they lack the ability, but because they are generally devoid of wisdom, empathy, respect and love for the people whose interests they are supposed to be representing.

To me, the glass is half full. I see change coming. It will be painful, but it will lead to better things as our values become appropriately prioritised. I see us moving out of the testosterone addled Neanderthal era, and towards a new era where we care more about the consequences of our selfish actions.

[4plexowner]

put me in the ‘hoping for a depression’ camp (yes, that’s depression, not recession)

the way I see it, there is at least $450 trillion dollars worth of derivative paper that has to be marked to its true value of zero – since people with a vested interest in the status quo are going to fight this massive loss of ‘wealth’ with every tool at their disposal, the re-pricing will take much longer than it should (see Japan for a case study)

all of this paper ‘wealth’ and the financial games that it enables will end because they aren’t based on any fundamental economic activity (like making a product or providing a service) – this derivative paper is like $450+ trillion dollars worth of free lunch floating around the planet only there is a problem: FREE LUNCH DOESN’T EXIST!!!

We could write all of this paper down to zero value overnight but that still wouldn’t get us back to a healthy economy because we wouldn’t have done anything to change people’s behavior or attitudes

It is going to take years to change the attitudes and values of the current American consumer – a shallow recession isn’t going to do the trick – Americans are so out of touch these days that most of them won’t even be aware we are in a recession unless some contestant on American Idol happens to mention it in passing

believe it or not, I am an optimist and believe that the future is bright for human beings – I am also a realist (engineer by birth and training) and this is how I see the world currently

call me an uber-bear if you want – reality only sucks if you choose to perceive it that way

~

Here’s Brian Bloom with some thoughts along the same lines:
http://www.321gold.com/editorials/bloom/bloom120307.html

Personally, I am cheering for gold because I believe that a meaningful rise in its price will signal the end of an era of selfishness, callous disregard for others and for our environment. It will represent the end of an era of political rule by people who are not fit to call themselves the leaders of society – not because they lack the ability, but because they are generally devoid of wisdom, empathy, respect and love for the people whose interests they are supposed to be representing.

To me, the glass is half full. I see change coming. It will be painful, but it will lead to better things as our values become appropriately prioritised. I see us moving out of the testosterone addled Neanderthal era, and towards a new era where we care more about the consequences of our selfish actions.

[4plexowner]

put me in the ‘hoping for a depression’ camp (yes, that’s depression, not recession)

the way I see it, there is at least $450 trillion dollars worth of derivative paper that has to be marked to its true value of zero – since people with a vested interest in the status quo are going to fight this massive loss of ‘wealth’ with every tool at their disposal, the re-pricing will take much longer than it should (see Japan for a case study)

all of this paper ‘wealth’ and the financial games that it enables will end because they aren’t based on any fundamental economic activity (like making a product or providing a service) – this derivative paper is like $450+ trillion dollars worth of free lunch floating around the planet only there is a problem: FREE LUNCH DOESN’T EXIST!!!

We could write all of this paper down to zero value overnight but that still wouldn’t get us back to a healthy economy because we wouldn’t have done anything to change people’s behavior or attitudes

It is going to take years to change the attitudes and values of the current American consumer – a shallow recession isn’t going to do the trick – Americans are so out of touch these days that most of them won’t even be aware we are in a recession unless some contestant on American Idol happens to mention it in passing

believe it or not, I am an optimist and believe that the future is bright for human beings – I am also a realist (engineer by birth and training) and this is how I see the world currently

call me an uber-bear if you want – reality only sucks if you choose to perceive it that way

~

Here’s Brian Bloom with some thoughts along the same lines:
http://www.321gold.com/editorials/bloom/bloom120307.html

Personally, I am cheering for gold because I believe that a meaningful rise in its price will signal the end of an era of selfishness, callous disregard for others and for our environment. It will represent the end of an era of political rule by people who are not fit to call themselves the leaders of society – not because they lack the ability, but because they are generally devoid of wisdom, empathy, respect and love for the people whose interests they are supposed to be representing.

To me, the glass is half full. I see change coming. It will be painful, but it will lead to better things as our values become appropriately prioritised. I see us moving out of the testosterone addled Neanderthal era, and towards a new era where we care more about the consequences of our selfish actions.

[Chris Scoreboard Johnston]

I feel sorry for people like you.

[Chris Scoreboard Johnston]

I feel sorry for people like you.

[Chris Scoreboard Johnston]

I feel sorry for people like you.

[Chris Scoreboard Johnston]

I feel sorry for people like you.

[Chris Scoreboard Johnston]

I feel sorry for people like you.

[bsrsharma]

Impending Destruction of the US Economy,
Paul Craig Roberts
November 30, 2007

Hubris and arrogance are too ensconced in Washington for policymakers to be aware of the economic policy trap in which they have placed the US economy. If the subprime mortgage meltdown is half as bad as predicted, low US interest rates will be required in order to contain the crisis. But if the dollar’s plight is half as bad as predicted, high US interest rates will be required if foreigners are to continue to hold dollars and to finance US budget and trade deficits.

Which will Washington sacrifice, the domestic financial system and over-extended homeowners or its ability to finance deficits?
………………….

Dr. Paul Craig Roberts was Assistant Secretary of the US Treasury for Economic Policy in the Reagan administration. He is credited with curing stagflation and eliminating “Phillips curve” trade-offs between employment and inflation, an achievement now on the verge of being lost by the worst economic mismanagement in US history.

http://realestatetalk.org/real-estate/impending-destruction-of-the-us-economy/

[bsrsharma]

Impending Destruction of the US Economy,
Paul Craig Roberts
November 30, 2007

Hubris and arrogance are too ensconced in Washington for policymakers to be aware of the economic policy trap in which they have placed the US economy. If the subprime mortgage meltdown is half as bad as predicted, low US interest rates will be required in order to contain the crisis. But if the dollar’s plight is half as bad as predicted, high US interest rates will be required if foreigners are to continue to hold dollars and to finance US budget and trade deficits.

Which will Washington sacrifice, the domestic financial system and over-extended homeowners or its ability to finance deficits?
………………….

Dr. Paul Craig Roberts was Assistant Secretary of the US Treasury for Economic Policy in the Reagan administration. He is credited with curing stagflation and eliminating “Phillips curve” trade-offs between employment and inflation, an achievement now on the verge of being lost by the worst economic mismanagement in US history.

http://realestatetalk.org/real-estate/impending-destruction-of-the-us-economy/

[bsrsharma]

Impending Destruction of the US Economy,
Paul Craig Roberts
November 30, 2007

Hubris and arrogance are too ensconced in Washington for policymakers to be aware of the economic policy trap in which they have placed the US economy. If the subprime mortgage meltdown is half as bad as predicted, low US interest rates will be required in order to contain the crisis. But if the dollar’s plight is half as bad as predicted, high US interest rates will be required if foreigners are to continue to hold dollars and to finance US budget and trade deficits.

Which will Washington sacrifice, the domestic financial system and over-extended homeowners or its ability to finance deficits?
………………….

Dr. Paul Craig Roberts was Assistant Secretary of the US Treasury for Economic Policy in the Reagan administration. He is credited with curing stagflation and eliminating “Phillips curve” trade-offs between employment and inflation, an achievement now on the verge of being lost by the worst economic mismanagement in US history.

http://realestatetalk.org/real-estate/impending-destruction-of-the-us-economy/

[bsrsharma]

Impending Destruction of the US Economy,
Paul Craig Roberts
November 30, 2007

Hubris and arrogance are too ensconced in Washington for policymakers to be aware of the economic policy trap in which they have placed the US economy. If the subprime mortgage meltdown is half as bad as predicted, low US interest rates will be required in order to contain the crisis. But if the dollar’s plight is half as bad as predicted, high US interest rates will be required if foreigners are to continue to hold dollars and to finance US budget and trade deficits.

Which will Washington sacrifice, the domestic financial system and over-extended homeowners or its ability to finance deficits?
………………….

Dr. Paul Craig Roberts was Assistant Secretary of the US Treasury for Economic Policy in the Reagan administration. He is credited with curing stagflation and eliminating “Phillips curve” trade-offs between employment and inflation, an achievement now on the verge of being lost by the worst economic mismanagement in US history.

http://realestatetalk.org/real-estate/impending-destruction-of-the-us-economy/

[Author]

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