Fullblown Panic

kunstler.com ^ | January 21, 2008 | James H. Kunstler

[FreePoster]

I don't quite understand it. Really funny, the overly colorful and overly dense collection of overextended cliche metaphors and buzzwords and tough talk.

A whole closet full of "other shoes" is now waiting to be dropped.

That totally cracks me up. It's brilliant. But then on his website, he seems to be serious about it. Maybe he's like George Noory, who just tells ghost stories, but is ostensibly serious about it.

The markets change like the weather.

Thanks, B-Chan.

[AmericanInTokyo]

[bruinbirdman]

"We went down in Japan by nearly 752 today:" to about 12,570

How long has it been since Nikkei 39,000? And I understand there was even a quarter or two of +GDP in the last 15 years.

yitbos

[hiredhand]

Wow...this is what we’ve been watching! This was predictable, and it’s happening now.

[Candor7]

Her Thighness Hillary II proposed hiring ‘hundreds’ of young people to install these new fangled solar panels, thus saving us from global warming, and rescuing the economy. Why should ‘We The People; be frightened when we have leadership like that waiting in the wings?>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Then we can also get the army and navy to help, by having our military ships transport the solar panels from China and Korea, and USAF choppers to deliver them on site. What a great idea! We finally can make some good use of the military!I wonder how long it will take to complete the amalgamation of our military with the Peace Corps! Semper Fi to "It Takes a Village."

LOL.

And then we can get everyone enthusiastic for the cause be getting rid of don't ask don't tell!The fudge packing nation! Who needs a rifle when you can have a riffle?

Squawk 10-4.

[TonyInOhio]

To reduce this GENUINE crisis to a partisan political jab simply shows your ignorance.

I'll take that; I may not know enough to speak intelligently about the economy. You might have a thing or two to learn about civility, though.

I am certain that the credit crisis is real. I only contend that mentioning the word "recession" in every mainstream media report is intended to have a deleterious effect on the electorate, especially given that we're still enjoying economic growth.

The key to avoiding a panic is to not panic.

[ovrtaxt]

Carnage and bloodshed in about 7 minutes...

[Squantos]

Yep..........but remember by definition a recession is two (2) negative quarters in succession as ole Neil Cavuto stated this AM.

That’s all the sugar coating I can see on this fiscal goat rope.....(no pun intended :o)

[hiredhand]

Agreed! We’ll just sit and watch! Keep me posted if you run across anything noteworthy. :-)

[Squantos]

Fred Quit .........:o(

[hiredhand]

Well. It doesn't change what we have to do, but only rather the knowlege of the very likely outcome. :-)

I'll pencil in Eaker... what about you?! :-)

[Squantos]

I think we ALL need to write in Fred or Hunter and send a big ole fat FU in November to the MSN , their handlers and their BS social experimentation reindeer games of manipulating this nation with hate, heresy and handouts in trade for sedition and subversion of our constitutional freedoms, our republic, our nations citizens fiscal security and our way of life in these United States.

The promised RAT’n RINO quick , gimmie, I want, lets go sugar high won’t fly this time.....or next.

Doom on em !

Write in FRED/HUNTER 08.

[hiredhand]

It's "interesting" (if that's even the correct adjective to use in this instance) that you should say this....because I was thinking the SAME thing.

We (me and my clan) can write in Thompson/Hunter 08 and live with ourselves. Consider it DONE!

[Czar]

Very considerate of you to post those links.

Thanks.

[nicmarlo]

from: http://globaleconomicanalysis.blogspot.com

Anyone feeding capital to Ambac at this point probably needs to have their head examined.

I'd say that's an understatement. Thanks for bringing my attention to those links, Czar.

[TigersEye]

btrl

[Slip18]

I’ll be doing that. And I’m not giving up my tagling which I’ve had for longer than Fred threw in his hat into the ring.