Friday, December 14, 2007


I have something to confess, I was taking steroids to make my post here today better.

The Google's made me do it!



DEN said...

Mark Fiore

DEN said...

Those little orange "B" thingys are stoopid.

Like I don't know where I am I need brand identifiers?

{ò,ó}arol said...

That's not a fancy G for Google?

When I saw that this morning I almost screamed! Number 3 on my list of top issues is the incessant advertising! The paper I read on-line just added those dark green, double underlined key words in every article. If your cursor passes over it an ad box opens! Arghhhhhhhhhhhhh!

Whether that orange box holds a B or a G, they just stepped over the line again and there's nothing anyone can do about it. We are captives in the advertising glut. To me it's pure torture!

micki said...

...on a lighter note, from our friend Paul Krugman:

The New York Times

December 14, 2007
Op-Ed Columnist
After the Money’s Gone

On Wednesday, the Federal Reserve announced plans to lend $40 billion to banks. By my count, it’s the fourth high-profile attempt to rescue the financial system since things started falling apart about five months ago. Maybe this one will do the trick, but I wouldn’t count on it.

In past financial crises — the stock market crash of 1987, the aftermath of Russia’s default in 1998 — the Fed has been able to wave its magic wand and make market turmoil disappear. But this time the magic isn’t working.

Why not? Because the problem with the markets isn’t just a lack of liquidity — there’s also a fundamental problem of solvency.

Let me explain the difference with a hypothetical example.

Suppose that there’s a nasty rumor about the First Bank of Pottersville: people say that the bank made a huge loan to the president’s brother-in-law, who squandered the money on a failed business venture.

Even if the rumor is false, it can break the bank. If everyone, believing that the bank is about to go bust, demands their money out at the same time, the bank would have to raise cash by selling off assets at fire-sale prices — and it may indeed go bust even though it didn’t really make that bum loan.

And because loss of confidence can be a self-fulfilling prophecy, even depositors who don’t believe the rumor would join in the bank run, trying to get their money out while they can.

But the Fed can come to the rescue. If the rumor is false, the bank has enough assets to cover its debts; all it lacks is liquidity — the ability to raise cash on short notice. And the Fed can solve that problem by giving the bank a temporary loan, tiding it over until things calm down.

Matters are very different, however, if the rumor is true: the bank really did make a big bad loan. Then the problem isn’t how to restore confidence; it’s how to deal with the fact that the bank is really, truly insolvent, that is, busted.

My story about a basically sound bank beset by a crisis of confidence, which can be rescued with a temporary loan from the Fed, is more or less what happened to the financial system as a whole in 1998. Russia’s default led to the collapse of the giant hedge fund Long Term Capital Management, and for a few weeks there was panic in the markets.

But when all was said and done, not that much money had been lost; a temporary expansion of credit by the Fed gave everyone time to regain their nerve, and the crisis soon passed.

In August, the Fed tried again to do what it did in 1998, and at first it seemed to work. But then the crisis of confidence came back, worse than ever. And the reason is that this time the financial system — both banks and, probably even more important, nonbank financial institutions — made a lot of loans that are likely to go very, very bad.

It’s easy to get lost in the details of subprime mortgages, resets, collateralized debt obligations, and so on. But there are two important facts that may give you a sense of just how big the problem is.

First, we had an enormous housing bubble in the middle of this decade. To restore a historically normal ratio of housing prices to rents or incomes, average home prices would have to fall about 30 percent from their current levels.

Second, there was a tremendous amount of borrowing into the bubble, as new home buyers purchased houses with little or no money down, and as people who already owned houses refinanced their mortgages as a way of converting rising home prices into cash.

As home prices come back down to earth, many of these borrowers will find themselves with negative equity — owing more than their houses are worth. Negative equity, in turn, often leads to foreclosures and big losses for lenders.

And the numbers are huge. The financial blog Calculated Risk, using data from First American CoreLogic, estimates that if home prices fall 20 percent there will be 13.7 million homeowners with negative equity. If prices fall 30 percent, that number would rise to more than 20 million.

That translates into a lot of losses, and explains why liquidity has dried up. What’s going on in the markets isn’t an irrational panic. It’s a wholly rational panic, because there’s a lot of bad debt out there, and you don’t know how much of that bad debt is held by the guy who wants to borrow your money.

How will it all end? Markets won’t start functioning normally until investors are reasonably sure that they know where the bodies — I mean, the bad debts — are buried. And that probably won’t happen until house prices have finished falling and financial institutions have come clean about all their losses. All of this will probably take years.

Meanwhile, anyone who expects the Fed or anyone else to come up with a plan that makes this financial crisis just go away will be sorely disappointed.

Micki said..., I was told I had to sign in and stuff -- again.

Micki said...


This post is being monitored by Uncle Sam for your protection

/:-=( said...

For Gerald:

Our current "leader" resembles Adolf Hitler, in his disregard for civil liberties during wartime.


DEN said...

Hi Uncle Sam! Whats for Christmas?

Vacation in sunny GITMO?

Dick Cheney said...


George Bush is a Bozo!

Micki said...

bush says he will VETO bill that bans torture, including waterboarding

So, let's get this straight. bush says we don't torture, but he'll veto any bill that bans it. Meanwhile, WaPo calls it "harsh interrogation tactics" instead of what it is - TORTURE - so that they stay in good stead with the thugs in the WH.

Happy holidays.

Micki said...

Of all the active players tied to the use of steroids and human growth hormone, which are illegal without a prescription and banned by baseball, only Jason Giambi of the Yankees cooperated with Mitchell’s 20-month investigation. The Toronto Blue Jays’ Frank Thomas, widely known for his antisteroids stance, was the only other active player who agreed to talk with Mr. Mitchell’s investigators.

A national malaise -- sickness rampant

This baseball story is a microcosm of our national illness -- low standards are accepted across the board.

Alan said...

"...only Jason Giambi of the Yankees cooperated with Mitchell’s 20-month investigation."

Yeah, a local writer's article explained how George Mitchell didn't have subpeona-power, or no telling HOW MANY names would've been on that list.
", I was told I had to sign in and stuff -- again."

I guess it's because I delete ALL cookies/temp. internet files/history after every session, but I have to sign on EVERY time I want to post here, unless I post more than once while online. I can even leave this site and come back after awhile and will have to sign on again to post. If I come back soon enough, I'll still be 'signed in' though I don't know what that time limit is.

micki said...

I guess it's because I delete ALL cookies/temp. internet files/history after every session,

I don't have a clue on HOW to do that!

Oh, well. Someday the cookie monster is gonna get me!

Alan said...

I don't have a clue on HOW to do that!

Oh, well. Someday the cookie monster is gonna get me!

I dunno either, on a MAC. But damn, if you've NEVER deleted them, you'll have a TON piled up somewhere. Just figure that every site you've been to puts on a cookie, and every picture, etc on EACH site creates a temp. internet file... so there's alot more temp-internet files than cookies. K, don't you use Firefox? I bet Den could tell you how to clean out the cached stuff.

It's all alot easier with Windows XP and I assume, with VISTA. But you used to have to go look for 'em, kinda. On a PC, it was C/Windows/Cookies and C/Windows/Temporary Internet Files.

I'm having to sign on again to post this.

DEN said...

The google monster is being paid by uncle sam to disrupt the blog cause we hate chimpy.

meddlesome little weasles aren't they?

DEN said...

Alan, I think Micki uses Safari which is a Mozilla browser.

Micki, check with Mozilla regarding cookie cleanup for that.

Alan said...

Delete Cookies in Firefox

How to delete cookie files:

Open Firefox and click on the "Tools" menu.

In the "Tools" menu, click on "Options".

The Options pop-up window will open.

From along the left side of the window select the "Privacy" icon. This displays the Privacy Settings in the right side of the window.

The option to erase the temporary Internet file "Cookies" is near the bottom of the list.

Click "Clear" to delete cookies.


Delete all temporary Internet files by selecting the "Clear All" button.

Delete specific temporary Internet files such as History or Cache files by selecting their individual "Clear" buttons.

DEN said...

Lookit these weasles are spending MILLIONS to shred their incriminating evidence.

Alan said...

I think Micki uses Safari which is a Mozilla browser.

Firefox is also a Mozilla browser, so it's prolly done the same way.

Alan said...

I found this, but I dunno if Micki has OS X...

Safari 1.0 for Macintosh OS X
Open Safari.
Click on Safari in the upper toolbar and Select Empty Cache.
Click Empty on the Are you sure message box.
Exit and re-launch the browser.

Gerald said...

Federal Communications Commission

Dear Posters:

On December 18, 2007 the FCC will have opened the floodgates to have the six mega-media corporations expand from controlling 64% of the market to 90 or 95 % of the market. These mega-media corporations are Nazi organizations that will be attempting to control our minds and thought processes. We will be enslaved to a Nazi think tank that will make our minds placed in jars and we will become pickle brain idiots like all the other Nazi Americans.

We will no longer receive objective news coverage of events. We will become programmed machines that will do what these Nazi corporations instruct us to do. We will no longer be free to think for ourselves. We will be slaves for as long as the Nazi American empire stands. We will be trained like rats in a maze.


DEN said...

Not good deleting ALL cookies, messes up sign in stuff for me even though I don't keep passwords.

Some sites need them to know who you are, especially banks and stores.

Gerald said...

The use of steroids in Nazi America is rampant.

Baseball players have failed our children.

Unless the baseball commissioner takes a hard stand on the use of steroids, more children or young athletes will use steroids.

Pete Rose should be put on the ballot for Baseball's Hall of Fame. He bet on baseball when he was no longer a player.

Nazi America is an evil, corrupt, and greedy fascist state.

Many readers of my post may not believe me when I say that I love Nazi America. I love her so much that I pee in my pants just thinking about her. What I love so much of Nazi America is her transparency as a nation of hypocrites.

Gerald said...

This post is for /:=.

Hitler Bush just does not resemble Adolph Hitler; he is Adolph Hitler's clone.

Gerald said...

I just posted two articles on Alternate Reality on Uncounted votes. How can we spread democracy when our elections are rigged? We are a land of hypocrites.

Gerald said...

The use of steroids is worse than betting on baseball games.

DEN said...

Patrick Leahy dropped a note in my mailbox:

Dear Den,

It should never have had to come to this.

Yesterday, on a bipartisan vote of 12-7, the Senate Judiciary Committee ruled that White House Chief of Staff Joshua Bolten and Deputy Chief of Staff Karl Rove are in contempt of Congress for refusing to comply with subpoenas issued in the U.S. Attorneys investigation. As Chairman of the Committee, I have gone to real lengths to avoid this sort of legal confrontation, but after many months the White House has yet to cooperate with these requests from our investigation -- and the American people deserve the truth.

The President denies any involvement in the political firings of Justice Department officials. Yet he and his staff continue to hide behind the veil of "executive privilege." They have essentially asserted that this privilege -- historically applied very narrowly -- covers all documents and information in their possession. It's a dramatic departure from precedent, and the Bush-Cheney administration's blanket claim of immunity from congressional subpoenas flies in the face of our system of checks and balances.

This is not about pulling a partisan "gotcha" or scoring political points. After all, Committee members of both parties supported yesterday's ruling. No, this is about defending Congress's oversight function and protecting the right of the American people to know the whole truth about the mass firings of attorneys at the Justice Department. Withholding critical evidence requested by a subpoena is a serious crime, and it's time we reminded the President and his staff that they are not above the law.

The White House's refusal to cooperate with our investigation casts further doubt on its contention that it had nothing to do with the political firings of Justice Department officials. In fact, it's now quite clear that political officials in the White House pressured federal prosecutors to bring partisan cases and sought retribution against those who refused.

Since World War II, presidential advisers have testified before Congress 74 times, either voluntarily or compelled by subpoenas -- never once refusing to comply. Executive privilege should not be invoked to prevent investigations into wrongdoing, and certainly should not prevail.

Thank you for your support for holding the Bush-Cheney Administration accountable as we get to the bottom of the mass firings of U.S. attorneys.


Patrick Leahy
U.S. Senator

David B. Benson said...

Which form of silly mark by my name?

We'll see...

David B. Benson said...

How about with a 'nickname'?

Anonymous said...

And for a nony mouse?

St. Nickname said...

St. Nick is a nickname for Santa Claus.

Or is it the other way around?

Kris Kringle said...

Kris Kringle is a nickname for St. Nick.

Weihnachtsmann said...

Nein, nein...ich bin eine "Christmas Man."

No nick names for me.

Thomas Nast said...

I made up the image of Santa Claus as the Jolly Fat Man!

Mrs. Claus said...

How do the reindeer fly?

A long time ago Santa and his helpers discovered magical oats and corn-- when the reindeer eat the oats and corn the deer become able to fly and leap high into the air.

Mrs. Claus said...

Why doesn't Santa always bring me what I asked for?

Santa knows what your parents, family, or guardians think would be JUST RIGHT for you. Santa does not like to bring gifts that he knows your parents would prefer you not to have -- such as a real, live horse, or a space shuttle, or an AK-47, or other inappropriate items. And sometimes Santa's computer shuts down and things get all mixed up.

Happy Little Elf said...

How do I become an elf?

The best way is to do well in school and be good. Another way is to ELF YOURSELF!

Please ask Mr. Den for instructions.

Big Coal said...

I win!

David B. Benson said...

But, but ...

Big Coal's Dirty Plans for our Energy Future (with shoking photos)

David B. Benson said...

But, but...

Coal Ash Is More Radioactive than Nuclear Waste

David B. Benson said...

shocking, not shoking or even choking.

David B. Benson said...

Yes, you have.

Gore Joins Chorus Chiding U.S. at Climate Talks


Gerald said...

I have expanded my letter on voting.


Dear Posters:

I will share with you some ways that I may vote. My voting for a candidate will possibly vary because there may be many unknown factors at this time, such as my belief that Hitler Bush will declare martial law and cancel the 2008 presidential elections.

I will not vote for any person in the Nazi Party. That fact is etched in stone. I do not plan to vote for Obama or Edwards. If Kucinich is nominated, he will receive my vote. If Hillary is nominated, I will give her a close look. If Dodd or Richardson is nominated, either one may receive my vote.

If Kucinich or Hillary is not nominated by the Democratic Party, I would hope that Kucinich would run as an Independent. If Bloomberg runs as an Independent, I will consider voting for him. If Ron Paul runs as an Independent, I may consider voting for him. As you can read, my voting is very fluid at this time. I have no problem with Hillary’s credentials to be president. In fact I believe that she is the best qualified candidate to handle the various domestic and world problems. Personally, I do not like her stance on possibly continuing Hitler Bush’s wars and possibly starting new wars.

Where Hillary went wrong, she backed up Spitzer’s plan to have illegal aliens receive driver licenses. This mistake may very well cost Hillary her party’s nomination to run for President of the United States of America. Posters, please, I beg of you, try to know the difference between legal and illegal aliens. I know that Hitler Bush and his whole cabal do not respect American laws and the U.S. Constitution but that should not mean that we follow the evil doers in the United States of America.

Time will tell who will be nominated to run for president from the different parties.


micki said...

Dr. B -- do you know the status of this bill? H.R. 370?

Coal-to-Liquid Fuel Promotion Act of 2007 - Amends the Energy Policy Act of 2005 to instruct the Secretary of Energy to: (1) make loan guarantees to certain large-scale coal-to-liquid facilities to produce liquid transportation fuel; (2) establish a loan program to pay the federal share of the cost of obtaining services necessary for the planning, permitting, and construction of a coal-to-liquid facility; and (3) promulgate regulations for development of coal-to-liquid manufacturing facilities on federal land.
Amends the Energy Policy and Conservation Act to instruct the Secretaries of Energy and of Defense to study and report to Congress on the feasibility and suitability of maintaining coal-to-liquid products in the Strategic Petroleum Reserve (Reserve).
Authorizes the Secretary to: (1) construct storage facilities in the vicinity of pipeline infrastructure and at least one military base; and (2) place coal-to-liquid products in storage in the Reserve.
Authorizes the use of certain funds by the Air Force Research Laboratory to continue support efforts to test, qualify, and procure synthetic fuels developed from coal for aviation jet use.
Amends Armed Forces law to authorize the Secretary of Defense to enter into agreements to develop and operate coal-to-liquid facilities on or near military installations.
Instructs the Secretary of Energy to implement a research and demonstration program to evaluate the emissions of the use of Fischer-Tropsch transportation fuel, including diesel and jet fuel.
Amends the Internal Revenue Code to allow: (1) an income tax credit for investment in coal-to-liquid fuels projects; (2) taxpayer election to expense certain coal-to-liquid fuels facilities; (3) an extension of the alternative fuel credit for fuel derived from coal through the Fischer-Tropsch process; (4) an enhanced credit for certain projects using qualified carbon dioxide; and (5) an enhanced oil, natural gas, and coalbed methane recovery, and capture and sequestration credit against the alternative minimum tax.

micki said...

I'm sad, too.

micki said...

Those photos are shocking. No one pays any attention to the pleas of those people whose health, future, lives, and hope are stolen from them by BIG ENERGY.

They do, indeed, live in the ENERGY SACRIFICE ZONE.

DEN said...

Thomas has it

º¿carol said...

Scary Squirrel World *


DEN said...

Mountain topping they call it.

Who ever is driving this almost panic to get coal is like a junkie looking for a fix, the supply of heroin decreases an addict will do almost everything to keep the supply going for the users.

The key is to develop incentive for alternative energy, once they discover they can get the same fix with newer less messy energy sources and damn good money because it is new technology, VOILA!

Coal is extreeeemely costly to get, you would think they would want to make money, not lose it with coal,

YUK! Black crap when it burns it stinks to high heaven, that would be a sign right there that it is unfriendly stuff.

DEN said...


DEN said...

I got it!

The orange 'B' means you are 'googlelized', the other is a hollow figure, devoid of all substance.

DEN said...

Carol, now thats what I been saying,
get 'er all out there squirrelly boy!

Merry damn Christmas! get over it!

DEN said...

This was in the HCHRON:

GRESHAM, Ore. — A tow truck driver upset over a recent ticket tried to tow a police cruiser, authorities said.

The 32-year-old man was arrested after he hooked his truck to the marked police vehicle while an officer was responding to a domestic disturbance call, police said.

Authorities said the driver released the cruiser when another officer ordered him to. He later locked the doors of his truck and refused to cooperate, police said.

The driver then called the police station, "apparently unsatisfied with the police response he had generated when he tried to tow a marked police vehicle," according to a police report.

The manager of the tow company was summoned and eventually coaxed the driver into surrendering.

The driver was charged with unlawful use of a vehicle, obstructing governmental administration, interfering with a peace officer and criminal mischief.

You know a clever man would have waited and got them when they were in the donut shop.

DEN said...

Aw shit I'm going to sleep.


micki said...

Cooperation, leadership on climate change, according to bushthink


The United States favored relying on "aspirational" goals, research to advance nonpolluting energy technologies and a mix of measures, including mandatory steps like efficiency standards for vehicles and appliances — but all set by individual nations, not mandated by a global pact.

They will "aspire" 'til hell freezes over -- in the meantime, our EXPIRATION DATE is nearing.

micki said...

Big Al might find he needs some bodyguards if he keeps pissing off the busheviks:

The mood here shifted after a speech Thursday by Al Gore, the former United States vice president who shared the Nobel Peace Prize this year for helping to alert the world to the danger of global warming.

After declaring that the United States was "principally responsible for obstructing progress" in Bali, he urged delegates to agree to an open-ended deal that could be enhanced after Mr. Bush left office in January 2009.

"Over the next two years the United States is going to be somewhere it is not now," Mr. Gore said to loud applause. "You must anticipate that."