I think this is the beginnings of an economy based on perpetual growth and fossil fuel energy running headlong into geological energy constraints. Basically I see an undulatory downward path for the rest of my life. From here out, I think any rallies in our economic condition are going to be met with spiking commodity prices that knock us right back down.
Posted: Sat Oct 11, 2008 10:20 pm Post subject: Re: Black Friday--This One's For You Rocc
Quote:
I guess I've separated myself enough from the system, at least emotionally, after all these years of "prepping" that I can't seem to work up much worry over the panicking financial world...
Slight unease is about the most I can generate....
Hah! I agree. The amount of mental preparation I've has gained from this site through the years had dulled me from panicking now when it's really going down. _________________ "Life is merely an orderly decay of energy states, and survival requires the continual discovery of new energy to pump into the system. He who controls the sources of energy controls the means of survival. "
Posted: Sun Oct 12, 2008 5:09 pm Post subject: Re: Black Friday--This One's For You Rocc
beamofthewave wrote:
I will miss both Rocc and Cashmere. Too bad.
They'll be back. A couple of weeks hiding in a bunker, or under a rock, they'll get bored, come back out, start watching TV again, using the internet, buying cheaper gasoline ( dropped 10 cents here in just the last day or two ), go catch a couple movies, etc etc.
as i look over this beautiful land i can't help but realize that i am alone why am i able to waste my energy to notice life being so beautiful? maybe partying will help what of the people who don't have what i got? are they victims of my leisure? to fail is to be a victim to be a victim of my choice maybe partying will help
Great song...great post for bringing up the Minutemen!
Of course between you and I, we could toss up a million different punk tunes that could be anthems for today's troubles. The punks had it right a long time ago!
Much respect for Fagen and Becker as well!!!! _________________ Punk is not really a style of music. It was more like a state of mind.
-Mike Watt
Stocks rallied Monday afternoon, with the Dow rallying 976 points during the session, as investors bet that the worst of the credit crisis is over, following a series of global initiatives announced over the last few days.
The Dow Jones industrial average (INDU) ended 936 points higher, after having risen as much as 976 points during the session. The advance was the largest ever during a session on a point basis. The point gain was equal to 11.1%, the best one-day percentage gain since Sept. 1932 and the fifth-best ever.
The Standard & Poor's 500 (SPX) index added 104 points, its best one-day point gain ever, equal to 11.6%.That was also the best percentage gain since Sept. 1932 and the fourth-best overall.
_________________ "Thank you for attending the oil age. We're going to scrape what we can out of these tar pits in Alberta and then shut down the machines and turn out the lights. Goodnight." - seldom_seen
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