Grateful Dead

to create new safety division in wake of spill this will improve risk management and safety said a bp spokesperson. A bit like shutting the stable door after the horse has bolted.

...the Dead as Master marketers because they let their fans trade tapes free. What a crock! I would submit you have TO LIKE the band in the first place. The truth is: 1) The Dead never had a #1 hit 2) LSD 3) Magic Mushrooms As usual with everything else with the Grateful Dead, it became successful through ass-backwards anarchy. What a shuck to make money!! (The book, that is)

In Tacoma?.....it's near the waterfront..

"The dangers of tipping into a debt compound trap – as described by Irving Fisher in Debt-Deflation Theory of Great Depresssions in 1933 – outweigh the risk of an expanded money stock catching fire and setting off an inflation surge later. Debt deflation is a toxic process that can and does destroy societies as well as economies. You do not trifle with it. But deliberately creating inflation “consistent” with the Fed’s mandate – implicitly to erode debt – is another matter. Nor can this be justified at this particular juncture. M3 has been leveling out. M2 has begun to rise briskly. The velocity of money has picked up. The M1 monetary mulitplier has jumped. We have a very odd world. The IMF has doubled its global growth forecast to 4.5pc this year, and authorities everywhere have ruled out a serious risk of a double dip recession. Yet at the same time the Bank of Japan has embarked on unsterilised currency intervention, which amounts to stimulus, and both the Fed and the Bank of England are signalling fresh QE. You can’t have it both ways. If the US is not in deep trouble, the Fed should not be thinking of extra QE. It should step back and let the economy heal itself, if necessary enduring several years of poor growth to purge excess leverage. Yes, U6 unemployment is 16.7pc. But as dissenters at the Minneapolis Fed remind us, you cannot solve a structural unemployment crisis with loose money. Fed is trying to conjure away the hangover from the last binge (which Greenspan/Bernanke caused, let us not forget), as if to vindicate its prior claim that you can always clean up painlessly after asset bubbles. Are the Chinese right? Are the Americans and the British now so decadent that they will refuse to take their punishment, opting to default on their debts by stealth?" Article by Ambrose Evans-Pritchard alluded to by Lilly. Now my take: I am no an economist but my simplistic view is that you can't erode debt with deflation with the possibility of setting off a prairie fire of inflation. Our medicine is a couple of decades of unemployment hovering around 20% to preserve this generation's greed grab -- till the next generation devises their wealth grab from the producers (poor workers). Anybody care to meet me for a beer at The Haymarket in Chicago next Saturday Night?

I am trying to understand this article, as finance is definately out of my field of expertise-but what I can comprehend is that if true, this is very very bad! http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100007777/s… ********************************** By trying we can easily learn to endure adversity -- another man's I mean. Mark Twain

To a question posed by an officer of the court. I did point out that the affair took place 25 yrs ago, but apparently the prosecuter didn't want to take that chance that I'd still be bitter about the actions of that cop a quarter century later.

You gamed the system!

lol

are you implying that a police person would lie in a court of law.....

I did my civic service yesterday. At about 3:15 pm yesterday, having not yet been called into a courtroom, I was thinking that either the day was gonna time out before I got hauled into a trial (1 day service complete, so my obligation would be fulfilled), or they'd pull us in late and who knows how many days that might turn into? One more, minimum. At 4:15 I was Juror #1 for about 20 minutes in an assault trial. After his questions to us, the prosecutor cut loose Jurors #1 and #9. My guess is that it was because we were the only two to recount negative experiences with police officers, which presumably might color our opinion of the police testimony in the trial (my negative experience consisted of listening to a cop lying on the witness stand, so not a bad call by the DA). The judge, in asking if there was anyone who could not serve the following day, was kind enough to point out that anyone that he might excuse would be rescheduled for jury duty for the week of Oct 25, when a capital murder case was on the docket (2-week trial...). There were no takers...