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My name is Hartmut Mehdorn, and my 'soul' is 100% 34CrNiMo6 steel.
Mehdorn[de:] offers to step down.
Finally.
I cannot be polite here. This man is, or was, the human equivalent to a really huge pile of shit, fecal matter of all different colours and flavas rolled into one.
He was a Schröder plant, replacing Lacklustre Ludewig[de:]. Ludewig was Kohl’s man, second in the post since German Rail was formally privatized in ‘94 (though as of yet hasn’t IPO’d due to stauch resistance of … read more
The Con supreme-mayoral candidate of Cologne announced today that he’ll quit the race for re-election (elections due August).
He had been a staunch supporter of the subway project that came to almost topple a church belltower[de:], killed two, destroyed much of the documental archive of Cologne, sunk millions of euros; he had been investigated by the police more than once, had been entangled in networks of bribery, kickbackry, ill-spent funds, construction scandals and the likes. His time of office benefitted … read more
Starting March 9th, indices have adopted a new pattern, one not seen since long. The N225 bottomed out at 7k, and since has risen to above 8.5k-ish, rising again not quite 23% from the lowstand.
The DAX dropped to 3k 666, to rise again 16%ish to above 4.2k. And the DJIA stopped its decline at just below 6.6k, rising some 21% to just below 8k.
Today, DAX and DJIA recorded solid drops for the first time (IIRC) since the bear rally … read more
via the good anonymi at 4chan.
Indices bounced back, jerking, stuttering up steeply — about as steep as they, on average, had fallen throughout most of February, though the volatility is decidedly less. The DJIA has already made good 50% of its Feb loss; the N225 goes alongside.
The DAX, which performed marginally better (IIRC) then is more equivocal. The gov’t is taking its tiiiiiiiime[de:] as regards HRE; they think about having made their mind up whether to exercise their damn[de:] constitutional … read more
…not really. But the difference is about as much as fluctuation, with Citi stock dropping to about a buck a hit.
And yet[de:]: all the humans in the world legally entitled to conduct business could not own it yet, if each gave this one buck.
Indices bouncyballed, with the dax very tenderly raising Tue but strongly Wed - only to lose all and more today. Dow got a huge load of flak. It looks like the Dax is gonna take cover … read more
Now, here we have a document titled
NATO IN AFGHANISTAN
MASTER NARRATIVE AS AT 6 October 2008
A bit obsolete, but nonetheless… It is part of a batch of documents liberated by the good people at Wikileaks. As they dryly remark,
The encryption password is progress, which perhaps reflects the Pentagon’s desire to stay on-message, even to itself.
Said “password” also “encrypted” the three other documents. Note that Wikileaks is intelligent enough not to submit the password of one Chris Riley, to whom the … read more
Indices cavorted all over the place, settling in for a solidly red week, though today — as did the DJIA a few days ago — the N225 manages to make a near spot landing with plusminus zeroish change. The last 3 weeks’ bumpy bounce, tumbling down a broken and rough slope, shaved some 12.5% off the DJIA, while the N225’s losses could well (for a while at least) be limited to just below another 10%. The DAX, in spite of … read more
Bank runs! And I was almost missing them…
On Antigua and in Caracas, to be precise. Which has a delicious irony — one of the world’s top laundromats for smelly credit, and a bunch of coupist lovers. The latter find something in the realm of US$ 2.5mrd[de:] melting away like South American mountain snow in the 21st century climate.
Now tell me guys:
Ain’t Capitalism Grand?
On Antigua, PM Spencer calls upon the populace to maintain calm. Most of his native citizenry … read more
Whatever.
As it seems, Arnie is having a bit of a hard time. The Handelsblatt at least says so[de:], and they are usually pretty nonpartisan for the exuberant mouthpiece of Capitalism that they are. But I think we had this coming, with the State practically bankrupt for the last 4-6 months or so.
“The Terminator is an end-of-line model, little more fit for reality than Detroit’s Big Three.”
(Rüdiger Scheidges, loc. cit., 17th February 2009)
If you understand German, the article gives you … read more
… our Federal Minister for Economics and Technology threw the towel rag[de:] this weekend.
“I had no idea of the Ministry of Economics’ address [til I was picked as their big kahuna].”
(FRG Federal Minister for Economics and Technology Michael Glos, November 2005[de:])
We get some faceless 37-year-old übernerd named Karl-Theodor Freiherr von und zu Guttenberg. The last bit is “Baron of and at Guttenberg”, meaning that his clan did not just legally own that fief, but also resided there. Roman Catholic, married … read more
At the 2009 EU parliamentary elections, you may well be able to vote for a CIA enterprise.
D. J. Ganley. Made a killing with Slavic crudes and Pentagon comm equipment. Image from Albanian Canadian League Information Service.
The June 12th, 2008 plebiscite about the Twenty-eighth Amendment of the Constitution of [the Republic of] Ireland Bill yielded a resounding No. One very happy miltech entrepreneur was Declan James Ganley of Watford, Hertfordshire (England), who got himself a big gift when about 28-28.5% of … read more
“I know the [pResident] will want to convey to President-elect Obama his sense of how to deal with some of the most important issues of the day. …”
(emphasis added)
wat
“… But exactly how he does that, I don’t know, and I don’t think anybody will know.”
(Joshua “Yosh” Brewster Bolten, White House Chief of Staff, Class of ‘80, and a Darned Good Bowler to Boot. Washington D.C., November 10th 2008)
n-tv put up some Forsa poll data[de:] today. Forsa are opinion-making bigwigs; supposedly they randomly chose people for those polls and call them up or so. I have been called up once for a political poll — I think even by Forsa. But IONO whether it was for this kind of poll; they usually ask whom one would vote for if there were parliamentary elections next Sunday, and I can’t remember being asked that.
I’ll go through the items one by … read more
“If there is anyone out there who still doubts that America is a place where all things are possible; who still wonders if the dream of our founders is alive in our time; who still questions the power of our democracy — tonight is your answer.”
(PotUS-elect B. H. Obama, Grant Park, Chichago, 20081104)
I hope he will be better than the last one. Compare:
(Thanks to “FuckYouBush” for keeping up the good work)
The waste treatment plant (”Proposition R”) failed[de:] 1/3rd Aye to … read more
I was wrong about the “friends” of Pakistan. The formal name is “Friends of Democratic Pakistan Initiative”; in any case it is not a bunch of Quran students. Still, I guess an informal transnational group containing the EU, the PRC, the UAE, the UN, and the US is interested in applied heavy atom physics too. Everybody likes nukes. Anyway, in this case Steini is likely to be part of the team too.
He is not a good man. He is efficient … read more
Pakistan… oh well, Pakistan. And Afghanistan. And Taliban. And tawhid. OK, one thing after another. So…
Abdullah Abdullah! Wow! What has he been doing all the time?
It really seems this is Dr. Abdullah — the Dr. Abdullah, the main man, the living legend, the one and only. Field surgeon during the Soviet Occupation. Homie of Shah Massoud. Temporary foreign minister after the Taliban were driven from Kabul. Considered to be a Qanuni man and consequently got muscled out eventually by … read more
It is such a gem that it deserves to be said once again. For posteriority:
“In other words, you found that your view of the world, your ideology was not right?” Waxman asked.
“Absolutely, precisely,” replied Greenspan [...]
This Sam Zuckerman article in the San Francisco Chronicle has a nicely wrapped-up presentation of the Capitulation of October 23rd (see below for that other October 23rd). Crutsinger & Gordon of Associated Press add in some more local flava surrounding the hearing.
Reactions are as … read more
Ayn Rand on how Good Sex ought to be:
“…an act of scorn. Not as love, but as defilement…”
(The Fountainhead)
Hilarious Ayn Rand quote (compare to the above) where she claims to “know” stuff:
My philosophy, in essence, is the concept of man as a heroic being, with his own happiness as the moral purpose of his life, with productive achievement as his noblest activity, and reason as his only absolute.
Ludwig von Mises after doing some pretty good rock on profits:
The greater the … read more
Alan Greenspan admitted today yesterday that he
“found a flaw [...] in the model that I perceived is the critical functioning structure that defines how the world works”.
Found a Flaw: Alan G. (82)
Ayn R. and her buddy the Cancer Stick: Taught economy to Mr. G. when he was little.Friend of Mr. von Mises.Suspected to have been a Very Naughy Bitch.
A few days ago I met with a friend of mine, a rather bright girl aged 23. She had been travelling a … read more
Not much going on; as expected The Vote passed in both houses. Greens and Socialists against, all other parties in favor — though there are two MPs which don’t belong to any parliamentary party and don’t get reported about: one ex-Socialist who left in scandal because he made some extra bucks as a pimp, and one ex-Christian Democrat, a guy called Henry Nitzsche who left after vowing to fight the “cult of guilt [for the Nazi's crimes]” and other things. … read more
As already indicated yesterday, stock markets resumed their global decline today. The Nikkei ended up with a small plus, but it is lagging one day behind this week and does its best to catch up with its lame-ass friends’ nosedive.
Since the G7/G8/G20/Gwhatever aid packages are to be unleashed from now on over the course of the next 2 months or so, the start of this week seems to set the precendent: stock markets will probably for some time behave like … read more
The Harper minority government in Canada won the general elections, but fell short of the absolute majority. Voter turnout was an abysmal 60%, meaning that his party’s parliamental (relative) majority represents less of 30% of the Canadian electorate. Al-Jazeera’s report has sparked an interesting discussion about the whys and hows, and that allows a deep peek into the diverse mindset of Canadians in these days.
Ilham Aliyev gets 80.5%[de:] of the valid votes in the Azeri presidential election. The OSCE was … read more
This is not about Oliver L. North, convicted Reaganite criminal, drug pusher, and for reasons ill-explained still a VIP and so-called “pundit”.
Rather,
Chief of Staff of the Army Gen. George W. Casey Jr. briefs soldiers at CCMRF exercise. Fort Stewart, Sept. 14, 2008.
it is about the new job of the Raiders, the US Army’s 3rd ID 1st BCT. A standard “heavy” USArmy brigade combat team in transition, it consists of one battalion each of APC infantry, APC cavalry, and main battle … read more
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