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  1. #76
    Spur-taaaa TDMVPDPOY's Avatar
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    small banks can't provide the huge, daily operating cost required by large corps.

    you have to focus on the big picture.

    and by the time the govt. could back some of these banks, these companies would have already flatlined.
    these smaller banks will have leverage as compared to the big banks like BOA. The small guy can just barrow from the fed interest free for a couple of years and build up the business expansion.....while banks like BOA will still have debts on its books where it will probably not see any of it when debts are due and the foreseen provision of doubtful debts/foreclosures increasing, hence who knows if BOA can meet its own creditors when debts are due.

    while the small bank is cash strapped from its reserves and continue to expand as more deposits/capital raising come in, the small bank first of must have no creditors on its books or have a small debt to equity ratio to make this work. This small successful bank will be the new nationalize/central bank watever you wanna call it.

  2. #77
    I am that guy RandomGuy's Avatar
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    I see all this ending in a couple of decades with the implosion of the U.S. government due to insolvency, and the beginning of bloody, devastating wars between the successor states over control of resources (though the leaders on each side will sell the wars as settling scores against the "traitors" who "caused" the collapse).
    Erg. Coming from you that is just credible enough to be scary. I am a bit more of an optimist than that, but don't dismiss the possiblity out of hand.

    Solution for avoiding this?

  3. #78
    I Got Hops Extra Stout's Avatar
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    Erg. Coming from you that is just credible enough to be scary. I am a bit more of an optimist than that, but don't dismiss the possiblity out of hand.

    Solution for avoiding this?
    Once you've jumped out of the plane, it's too late to fix the parachute.

  4. #79
    I am that guy RandomGuy's Avatar
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    Once you've jumped out of the plane, it's too late to fix the parachute.
    Head for the hills then.

    You suck man. I was just fine until reading that post.

    Seriously, I don't quite think it will get to that. Let's hope I am right about that.

    Still, it doesn't hurt to learn a bit about farming though...

  5. #80
    Still Hates Small Ball Spurminator's Avatar
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    Any recommendations on where to move?

  6. #81
    Mr. John Wayne CosmicCowboy's Avatar
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    6,763.29 Down 299.64 (4.24%)

    Crap. Market seems to have lost all faith in "change". I'm hearing some heavy hitter economists now talking about a bottom at 5000 or lower.

  7. #82
    Spur-taaaa TDMVPDPOY's Avatar
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    Still, it doesn't hurt to learn a bit about farming though...
    i was listening to some economists, he thinks thats where the money is and big bucks coming in....

  8. #83
    I love J.T. smeagol's Avatar
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    Man, I predicted dow at 7,500 when it was back at 10,000.

    Boy was I wrong!

  9. #84
    i hunt fenced animals clambake's Avatar
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    6,763.29 Down 299.64 (4.24%)

    Crap. Market seems to have lost all faith in "change". I'm hearing some heavy hitter economists now talking about a bottom at 5000 or lower.
    this is the talk from dec.

    july is the month to target date, and unemployment % is the target.

  10. #85
    Mr. John Wayne CosmicCowboy's Avatar
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    this is the talk from dec.

    july is the month to target date, and unemployment % is the target.
    Did Ducks change his name?

  11. #86
    I am that guy RandomGuy's Avatar
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    Any recommendations on where to move?
    The biggest killer in wars isn't actual gunfire.

    It is starvation, and diseases associated with overcrowding in refugee camps.

    I would move someplace either near some marginal farmland, or waaaay out in the country where population densities are low.

    Canada would be a good place to start.

    Personally I would simply move out to some very very isolated spot that offered good sources of renewable power like wind and/or solar, along with some marginal water supply. A good hilltop in Wyoming/montana/dakotas.

    I would start building a very very very large water storage tank, preferably underground, and slowly fill it with fresh water, along with a pretty decent sized greenhouse. Perhaps several large underground cisterns.

    Keep the whole operation as simple and low-tech as possible.

  12. #87
    I am that guy RandomGuy's Avatar
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    6,763.29 Down 299.64 (4.24%)

    Crap. Market seems to have lost all faith in "change". I'm hearing some heavy hitter economists now talking about a bottom at 5000 or lower.
    Translation:

    "I don't like Democrats, and will fully blame Obama for everything bad, and not credit him for anything good, despite any evidence to the contrary."

    Well, at least we all know where you stand on any given topic. Input issue, blame/credit Democrats in any way that makes them look most bad or least good.

  13. #88
    Spur-taaaa TDMVPDPOY's Avatar
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    The biggest killer in wars isn't actual gunfire.

    It is starvation, and diseases associated with overcrowding in refugee camps.

    I would move someplace either near some marginal farmland, or waaaay out in the country where population densities are low.

    Canada would be a good place to start.

    Personally I would simply move out to some very very isolated spot that offered good sources of renewable power like wind and/or solar, along with some marginal water supply. A good hilltop in Wyoming/montana/dakotas.

    I would start building a very very very large water storage tank, preferably underground, and slowly fill it with fresh water, along with a pretty decent sized greenhouse. Perhaps several large underground cisterns.

    Keep the whole operation as simple and low-tech as possible.
    seems like a marijuana operation here biatch

  14. #89
    Still Hates Small Ball Spurminator's Avatar
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    Personally I would simply move out to some very very isolated spot that offered good sources of renewable power like wind and/or solar, along with some marginal water supply. A good hilltop in Wyoming/montana/dakotas.

    I would start building a very very very large water storage tank, preferably underground, and slowly fill it with fresh water, along with a pretty decent sized greenhouse. Perhaps several large underground cisterns.

    Keep the whole operation as simple and low-tech as possible.
    Do they get satellite TV out there? I can't miss an episode of Rock of Love.

  15. #90
    I am that guy RandomGuy's Avatar
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    seems like a marijuana operation here biatch
    That was actually what occurred to me as I was typing it.

    Oddly enough marijuana/hemp plants seem to have a bazillion industrial usages, so as soon as the ballon goes up, I would be sure to have a good supply of just those kinds of seeds.

    Sell a small amount of smokeable stuff to the locals, and use the rest for oil, fibers, and whatever else the things make. God knows there are enough websites and books on the topic, it wouldn't be too hard to research and do well.

  16. #91
    I cannot grok its fullnes leemajors's Avatar
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    Do they get satellite TV out there? I can't miss an episode of Rock of Love.
    the last one started out so promising, then got really bad. why couldn't the white trash games last the whole episode?

  17. #92
    I am that guy RandomGuy's Avatar
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    Do they get satellite TV out there? I can't miss an episode of Rock of Love.
    That is the beauty of satellite TV. Except that plasma screen TV's use as much, if not more, electricity than most refridgerators.

    A small, old fashioned tube set would be more in line with what the generating capacity could actually power, unless you had some BIG wind turbines.

  18. #93
    Mr. John Wayne CosmicCowboy's Avatar
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    Translation:

    "I don't like Democrats, and will fully blame Obama for everything bad, and not credit him for anything good, despite any evidence to the contrary."

    Well, at least we all know where you stand on any given topic. Input issue, blame/credit Democrats in any way that makes them look most bad or least good.
    Doesn't need a translation. Blatant socialist policies are not going to reassure a jittery financial system. When and if Obama ever does anything worthy of praise I will be the first to give him props. Hasn't happened yet.

  19. #94
    Spur-taaaa TDMVPDPOY's Avatar
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    That is the beauty of satellite TV. Except that plasma screen TV's use as much, if not more, electricity than most refridgerators.

    A small, old fashioned tube set would be more in line with what the generating capacity could actually power, unless you had some BIG wind turbines.
    use a bong as a steam generator......

  20. #95
    Spur-taaaa TDMVPDPOY's Avatar
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    Any recommendations on where to move?
    move to a country with a currency against the US dollar....and live it out like a king for a couple of years till it recovers....

  21. #96
    i hunt fenced animals clambake's Avatar
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    Doesn't need a translation. Blatant socialist policies are not going to reassure a jittery financial system. When and if Obama ever does anything worthy of praise I will be the first to give him props. Hasn't happened yet.
    another weak attempt to appear open minded. you should stick to "pretend cowboy" antics.

  22. #97
    Mr. John Wayne CosmicCowboy's Avatar
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    "pretend cowboy" antics? WTF?

  23. #98
    Livin La Pura Vida Chief's Avatar
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    can't believe you idiots are blaming this on obama, lol

    stupid republicans.

  24. #99
    Mr. John Wayne CosmicCowboy's Avatar
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    can't believe you idiots are blaming this on obama, lol

    stupid republicans.
    I can't believe that you guys think it has nothing to do with him.

    The stock market was at 12,000 when it was clear he was about to be the next President.

    It was still at 10,000 when he was officially elected President and Pelosi-Reid took over Congress.

    It looked like the market had finally stabilized around 8200 when Obama officially took over power and started daily talking trillions of dollars of new spending/debt, nationalized health care, tax increases, and just outright wealth transfers and power grabs. These are scary things to rational investors and their money is doing the talking for them as they bail out of the markets.

    Yeah, I know, this is all Bush's fault.

  25. #100
    i hunt fenced animals clambake's Avatar
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    california
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    It looked like the market had finally stabilized around 8200
    thats what people think when they don't look beyond the 3' radius of their own little world.

    stick to tour guiding.

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