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"And thus, dear students, we have arrived at the formula for understanding women!"
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...USA Today reported that Burger King is “dethroning the creepy King character.” Today’s media reports about the company owned by investment firm 3G Capital focus on the loss of the “Barry Gibb-Lookalike Mascot” but the company itself was more tactful, announcing that its next ad campaign will focus on food...
...Burger King’s senior marketing vice president Alex Macedo told USA Today “there are no plans to bring the King back anytime soon.” This wording seems to provide some chance of a return in the distant future, which would be good news for those of us who value texture in burgers and in burger ads.
Does it ever seem to you like we're getting closer and closer to SkyNet?
The invaluable NoisyRoom explains:
A movement is suddenly springing up from nowhere (ah-huh) to take on the free enterprise, “capitalist” system. In America, they are especially targeting Wall Street, a place still somewhat constitutionally sovereign to the U.S.A. and not thoroughly controlled yet by authoritarian global collectivism.
That is a Wall Street which has already been damaged by the Cloward-Piven orchestrated mortgage meltdown and stemming from that was assailed by the protorevolutionary Obama-Peloisi-Reid government, which brought boa constrictor regulation — by “reform” with loopholes wide enough to fit Brinks trucks for large and coordinated hedge fund manipulators, and which shielded a Securities & Exchange Commission gone dark from the kinds of Freedom of Information Act (FOIA) inquiries that uncovered Bernie Madoff. Cloward-Piven government, indeed...
...A “U.S. Day of Rage” is scheduled to start an “Occupy Wall Street” camp-out on “17/9/2011″ (which would denote orchestration by those who use the British means of writing dates)... that is no surprise to those who have looked into the updated mode of Marxist revolution stemming from the Gramsci and Trotsky schools and historically, even the days before Marx and Engels. Revolutionary proponents likes to hide behind the non-American ideal of democracy (as in permanent rule of the proletariat majority, forget about a republic) along with nebulous and mysterious anarchistic labeling...
...The term “Day(s) of Rage” is the product of Chicago’s Weathermen, led by Obama workmate Bill Ayers and cohabitants... This Day of Rage speaks of non-violence, yet plays up the violent terrorism of the current rioting proceeding in Great Britain.
Y'all ready to ride the lightning???
A Lawless Administration Halts Deportation of Illegal Aliens: GWP
QOTD: "In yet another demonstration of contempt for the rule of law and the separation of powers, the Obama administration has announced that it will no longer enforce our immigration laws. Secretary of Homeland Insecurity Janet Napolitano proclaimed in a letter to the Senate that she will suspend deportation proceedings and grant amnesty to those who ostensibly fit the criteria of the Dream Act – a bill that was defeated with overwhelming bipartisan support of Congress. Hence, Obama is publicly declaring that he will ensure our laws are not executed faithfully.
This unprecedented abdication on the part of the president begs the question... if the president is above the law, then why should any of us be compelled to adhere to laws that we regard as undesirable or unfair?" --Daniel Horowitz
When you think of it in the short term markets are nothing more than a group of people trying to process data and understand what others are doing all under the stress of losing personal wealth... At times like these markets are more about human psychology and less about technical and or macro data...
I believe it is time to fast forward to the fall of 2008. Once again the 2008 market is a road map of how human emotion reacts when credit events happen. When economic data deteriorates at an exponential pace. When the unthinkable becomes reality...
Once again markets are pricing in the unthinkable. In 2008 history witnessed the failure of Lehman, AIG and the GSEs. Today history is bearing witness to sovereign nations on the brink of failure. In 2008 there was the threat of bank runs. Today there is the threat of currency runs. In 2008 there were government bailouts. Today there are central bank bailouts.
Through it all market participants have not changed. They are still a group of individuals trying to process data and understand what others are doing all while real money is on the line. As history has proven once again they will get it wrong. Once again leverage will destroy balance sheets. Denial will get in the way of rational thought. History truly does repeat and the patterns are present in the charts.
Kimberley Big Hole - South Africa: Apparently the largest ever hand-dug excavation in the world, this 1097 meter deep mine yielded over 3 tons of diamonds before being closed in 1914.
Glory Hole - Monticello Dam, California: This is the 'Glory Hole' at Monticello dam, and it's the largest in the world of this type of spillway, its size enabling it to consume 14,400 cubic feet of water every second (note: a glory hole is used when a dam is at full capacity and water needs to be drained from the reservoir).
Bingham Canyon Mine, Utah: This is supposedly the largest man-made excavation on earth. Extraction began in 1863 and still continues today, the pit increasing in size constantly. In its current state the hole is 0.75 miles deep and 2.5 miles wide and covering 1,900 acres.
Great Blue Hole, Belize: This incredible geographical phenomenon known as a blue hole is situated 60 miles off the mainland of Belize. There are numerous blue holes around the world, but none as stunning as this one.
Mirny Diamond Mine, Serbia: I'm pretty sure most people have seen this one. It's an absolute beast and holds the title of largest open diamond mines in the world. At 525 meters deep, with a top diameter of 1200 meters, there's even a no-fly zone above the hole due to a few helicopters having been sucked in.
Diavik Mine, Canada: The mine is so huge and the area so remote that it has its own airport with a runway large enough to accommodate a Boeing 737. It looks equally cool when the surrounding water is frozen.
Sinkhole in Guatemala: These photos are of a sinkhole that occurred in Guatemala. The hole swallowed a dozen homes and killed at least three people.
The most terrifying hole of all: This is the famous 'Rat Hole' that you've read so much about lately. It is capable of swallowing trillions upon trillions of U.S. dollars from the real economy each and every year.The Obama Administration’s new fuel economy standards will result in the retail price of average motor vehicles to increase over $11,000, according to a study conducted by the Center for Automotive Research.
“A fuel economy standard of 37.6 mpg is associated with a price increase of $5,244, 18.1 percent higher than the 2009 National Automobile Dealers Association (NADA) average price of $28,966. A fuel economy standard of 40.8 mpg is associated with a price increase of $6,770, 23.4 percent higher than the 2009 NADA price,” says their report called, “The U.S. Automotive Market and Industry in 2025.”
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“A fuel economy standard of 44.8 mpg is associated with a price increase of $8,214, 28.4 percent higher than the 2009 NADA price. The fourth fuel economy standard of 49.6 mpg is associated with an $11,290 increase in retail price. It is assumed that manufacturers and dealers will pass on the cost increase in fuel economy and safety technology to the consumer, at a retail price equivalent.”
The Obama administration’s new fuel economy standards would require automakers to produce cars and light trucks with an average fuel economy of 54.5 mpg by 2025. The Center for Automotive Research says their study is “the result of 11 months of effort and investigation by researchers at CAR in 2010-2011.”
...“The Obama administration’s latest fuel economy mandates are an aggressive step away from consumer choice and towards government control,” [Thomas Pyle, the president of the Institute for Energy Research] said in a USA Today op-ed... "Every day, Americans are seeing the negative consequences of the administration’s increasingly aggressive meddling in the economy—more government control and less consumer choice..."
It involves hiring government bureaucrats and regulators, and we simply have to give these people something to do, right?
You can just imagine the topics of the President's speech:
Liberals aren't funny, they're a riot!: Coulter
QOTD: "Perry wrote yet another letter to the President respectfully requesting an additional 1,000 federal agents to help secure the Texas/Mexico border. Since previous letters to President Obama got no response, Perry attempted to hand deliver this one directly to the President. The two met briefly on the tarmac as the President de-planed in Austin, Texas in August of 2010. With the whole incident caught on video, Obama refused to personally accept the letter and Perry was forced to hand it to presidential adviser Valerie Jarrett. There was already no love lost between Perry and Obama, but to publically rebuff the governor of Texas (or any governor) by refusing to accept a hand delivered letter? What other President would show so little class as to do that? None, except Obama." --"Why Rick Perry should be our next President"
One of the challenges in terms of rebuilding our economy is – businesses have gotten so efficient, that, uh, when was the last time somebody went to a bank teller? Instead of using an ATM. Or, used a travel agent instead of going online. A lot of jobs out that that used to require people now have become automated.
• In 1712, the invention of the steam engine touched off the Industrial Revolution, providing an inexpensive mechanical power source to replace manual and animal labor.
Fortunately, the American people know what's going on: a new low of only 26% approve of Obama's handling of the economy.
Our mothers smoked and/or drank while pregnant.
They took aspirin, ate blue cheese dressing, tuna from a can and didn't get tested for diabetes.
Then after that trauma, we were put to sleep on our tummies in baby cribs covered with brightly colored, lead-based paints.
There were no childproof lids on medicine or special locks on cabinet doors.
We we rode bikes, we wore baseball caps, not specially engineered helmets.
As infants, we rode in cars without car seats or booster seats, no seat belts and no air bags. Sometimes, as tots, we rode in small moving boxes packed with blankets and toys.
We rode in the back of pickup trucks and no one was arrested or cited.
We drank water from garden hoses, not from plastic bottles.
We shared a single bottle of Coca-Cola with three friends -- and no one died.
We ate cupcakes with food coloring, white bread, real butter and bacon. In fact, we drank Kool-Aid mixed with tablespoons of real sugar.
Yet we weren't overweight, because we were always outside playing.
We would leave home in the morning and play all day, as long as we were back when dusk fell. And no one was able to reach us all day. And: we were okay.
We'd spend hours in the forest with Daisy rifles, or building go-carts without brakes, or sledding with wooden and steel monstrosities that could sever a limb.
We did not have Playstations, Nintendo's and X-Boxes. There were no video games, no cable television, no DVD players. There were no computers, no web, no Facebook, no Twitter.
We had friends and we went outside and found them... without cell phones or text messages.
We fell out of trees, got cut, broke bones and teeth and there were no lawsuits resulting from these accidents. We ate worms and mud pies made from dirt, and the worms did not live in us forever.
We were given BB guns and knives for our birthdays, made up games with sticks and tennis balls, played lawn darts and, although we were told it would happen, we did not put out many eyes.
We rode bikes or walked to a friend's house and knocked on the door or rang the bell, or just walked in and talked to them.
Little League had tryouts and not everyone made the team. Those who didn't had to learn to deal with disappointment.
The boomers and their parents have produced some of the best risk-takers, problem solvers, inventors and entrepreneurs ever.
The last 50 years have seen an explosion of innovation and new ideas.