Upvote for the 7 day forecast.

"HAHA Nick! Well let me just add one more thing to your weather forecast.. I'm seeing SNOW...

LOTS OF IT!! Hahaha...!!"

What I'm about to say is not a statement of fact, it is merely an opinion being expressed here to suggest certain considerations that the current US PRESIDENT MAY BE THE ANTICHRIST. Remember, this is only an opinion. Now having said that: If you take into consideration that satan's realm is that of lava and brimstone it is safe to discern that there would certainly be a ROCK for satan, or lucifer as it where, to pick up. This rock could then be sold or BOUGHT within the kingdom of hell. That is to say, Lucifer could then later in the day have bought back the rock. Bought-a-rock, or if said very quickly ba-rock. Let me repeat that - what I'm saying is that if a person where to refer to a transaction taking place in HELL (Lucifer's domain), and spoke very quickly that person may make a sound that sounded like Ba-rock.

But lets just set that aside for the moment and let that particular (though shockingly relevant) little tid-bit rest while we consider this: It is said many times in the bible that hell is a kingdom of eternal fire in which all sinners suffer in for eternity. We already established that in the example above when we mentioned lava and brimstone, but what we didn't consider is the over all climate of this kingdom. It is a domain in which sinners and satan dwell so it would have a climate, a weather system... all be it a very temperate one, but one none the less. So it would be necessary at times for satan to check the weather using.. and I'm not making this up, this is a real life device used in the measuring of atmospheric pressure to predict short term changes to the local weather.. a barometer. Now if you've followed us so far, you may yet not realize the glaring revelation that is staring right back at you. The word BAROMETER is an anagram (you'll just have to look that word up yourselves) for OBAMEETR (pronounced Obama-eater).

Obama eater... lets just take pause and consider the ramifications of this. On the day of a nuclear test detonation the phrase "I am become death, destroyer of worlds" was uttered. 'Destroyer', or in other words.. 'devourer' or.. even more simply 'eater'. "I am become death, EATER of worlds.".

And there you have it, if one where to speak very quickly about a transaction in hell, while also making mention of satan checking the weather forecast the words Ba-rock and Obameeter would be directly and indirectly referred to. And although this is only opinion, this clearly POINTS TO THE VERY REAL POSSIBILITY that the current US President is Satan with a nuclear bomb strapped to his head.

Thank you for your time.*


*The opinions given here are presented 'as is', and are not intended to be taken as fact in suggesting that **BARACK OBAMA IS THE ANTI-CHRIST WITH A NUCLEAR ARMED FOREHEAD!!!!**.

Sorry NetRunner, but Schiff is a brilliant libertarian and Keynesian economics is junk science. Krugman's belief that deficit spending is a solution, that we can administer new shots of heroine in perpetuity to avoid withdrawals, is the same as Madoff saying his scheme would never end at its height. It only lasts for as long as you can find new and larger investments. The Fed cannot control long-term interest rates, they can only price fix in the short term in exchange for higher long-term rates. His forecast of perma deflation is pure crap, that would require the Federal Reserve to raise rates higher than Volcker did in a far more dire situation than we were in then. No longer is the majority of our debt financed long-term or domestically. It's majority owned by foreigners in T-bills. There is no exit strategy for the money being pumped in today. This is going to turn into a currency crisis when the debt is monetized and productive foreigners refuse to keep throwing good money after bad into our bond market. "Free Lunch" guys like Krugman who put the cart before the horse, consumption before production, just don't get it in the endgame.

Mish's criticisms are even more laughable. Schiff is a long-term investor, not a trader like Mish. The dollar headfake in the last year where people ran toward the blast initially is not a sustainable trend and totally meaningless. When you know the Titanic is going to sink, you don't stick around because you think you can get one last dance in, and that seems to be what Mish thinks people should do. Decoupling is going to happen whether Mish likes it or not. Our treasury secretary is getting laughed at by Asian students when he tries to reassure them of dollar integrity.

(1) From the creditor's perspective, there's no point in loaning money to someone to consume your production. You don't devalue your currency to export for the sake of exporting, you export for imports or keep your currency strong so that you can consume your own production. Otherwise, you're exchanging products for stashes of paper IOUs that we show no intention of replacing with real products. When the Asian countries figure out how easy it would be to consume their own products, our economy is toast. The only problem for someone like a China is how to head for the exit without causing a stampede. The minute such a large holder of dollars starts spending them, their value relative to goods will diminish substantially. Avoiding a hit now is going to be impossible, but they know that continuing to accumulate dollars is simply creating a larger future hit.
(2) From our perspective, politicians will always do what is expedient in the short-term. Telling the truth and saying you have to cut spending and entitlements by massive amounts for the sake of future generations isn't politically profitable. Not just because of all the people expecting things like unlimited health care regardless of our productive capacity to finance it, but because such a high percentage of our voting population now have overpaid government positions that they don't want to lose. Someone like a Ron Paul tells the truth at the expense of having an chance of winning. Winning requires that you be a candyman.

Savings is underconsumption and required for loans to exist. Ideally, people borrow that finite capital to increase productive capacity, to turn a shovel into a bulldozer and pay the loan off with more production. That is the kind of borrowing that benefits the creditor, the debtor, and society. It's not supposed to be a tool for consumption and winning elections, and that's where this country derailed from the sustainable and healthy growth it had in the 19th century. Whatever "success" we had from things like Medicare and Social Security came at an equal or greater long term cost. It's generational theft in its purest form, borrow to consume in the present to leave each successive generation with a higher and higher interest burden that will have to be paid for with higher taxes or currency devaluation. I say this because it is the fundamental oversight of people like Steve Forbes and Art Laffer who try to cast off trade deficits as "meaningless because it's something we've always had" in debating the resiliency of the bond market without distinguishing how we spent our loans then vs now.

Defaulting on our debt through inflation is a certainty. If you listen to Financial Sense or Schiff's weekly radio show, you'll learn how obvious that conclusion is very quickly.

http://www.youtube.com/watch?v=JGdj3Gx4A8w
http://www.youtube.com/watch?v=EgMclXX5msc

I think he is talking about Car Sales as an indicator of economic strength, not his personal difficulty in buying a car or whatever

I reckon the point he was trying to make is that all these Economists predicted this that and the other. None seemed to see this credit crunch coming, or were in denial about it, and many of their forecasts are totally off the mark. Seems to me he realised he didn't know what was going on and nobody else does either. To him, the idea of asking for a financial forecast is a joke because if we had had the ability to see the edge of this bad economic weather we wouldn't have sailed into it in the first place.

my $0.02

I love the glib cynics who think technology forecasting is by nature a joke. You're using revolutionary technology to thumb your nose at revolutionary technology.

Actually I am pretty impressed with the quality of predictions in the video. Broadband cable to the home, video links, etc. Not bad if you didn't expect a Moore's law increase in digital processing capability. (That 'network computer option 20 = home purchase calculation' is pretty funny.)

In contrast, I saved an 'information technology technology forecast' report produced for the U.S. government in the late 1970's.

The 1970's prediction for the year 2000? "ULTRA-high-speed punched card readers."

>> ^pipp3355:
#43 A cat's lower jaw cannot move sideways

sure it can - you just have to break it first.


#65 A one-day weather forecast requires about 10 billion math calculations

Wrong. I live in southern california, and it requires only one. What day is it? Today? I predict sunshine.


#78 Alaska is the most eastern and western state in the US

so is every other state.


#89 The average American walks 18,000 steps a day

Somebody is walking a ridiculous amount to make up for me.


#94 Lizards communicate by doing push-ups

This is also the funniest known form of communication.


#95 Squids can have eyeballs the size of volleyballs

except, of course, those squid which are smaller than volleyballs.


#102 A one-minute kiss burns 26 calories

That's some weak kissing.


#118 Honeybees are the only insects that create a form of food for humans

Wrong - cows create beef. And, of course, pigs create pork, lambs create veal, deer create venison, etc.

An AP report from October 2008 - Badgered by lawmakers, former Federal Reserve Chairman Alan Greenspan denied the nation's economic crisis was his fault on Thursday but conceded the meltdown had revealed a flaw in a lifetime of economic thinking.



From 2007. Alan Greenspan forecasting the economies state and the credit crunch problems, upon creation of Greenspan Associates.

Hell of a forecast.

>> ^looris:
do they only have negative temperatures? wtf is it THAT cold?


Celsius, motherfucker, do you speak it?

In reply to this comment by looris:
do they only have negative temperatures? wtf is it THAT cold?

Ignore this -- meant it in thread!

The meowterologist says:

The forecast is for fleazing rain, with a tempurrature just below freezing. If this were summer, I'd expect a Cat-egory 4 tornado

And with this low humidity, watch out for static electrikitty.

>> ^plastiquemonkey:
saskatoon weather forecast tonight: light snow (5cm expected), low -28, NW winds at 20 km/h with windchill -40.


Nice Plastique! I live in Saskatoon too!

completely ridiculous scene, weather-wise:

it's melting. you can see puddles, huge puddles everywhere. you can't see their breath, even when they're talking. it's probably +5 or better (40F for you people who think fargo is the far north). no one puts on a gigantic fur-trimmed hood when it's melting and buttons it up. you wouldn't even need a toque, probably. and what's he doing with that broom, pushing slush off his driveway? lots of snow left to melt, you'll just get sheet ice after it refreezes. this is the kind of weather we see in march if we're lucky, april if we're not.

saskatoon weather forecast tonight: light snow (5cm expected), low -28, NW winds at 20 km/h with windchill -40.