Comments on: Ready for the Shovels http://dailyreckoning.com/ready-for-the-shovels/ Entertaining Ideas on the Economy, Markets, Gold, Oil and Investing Strategies. Fri, 10 Feb 2012 21:15:12 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Matej http://dailyreckoning.com/ready-for-the-shovels/#comment-14015 Matej Sun, 05 Jul 2009 00:43:30 +0000 http://dailyreckoning.com/?p=11735#comment-14015 "Slovakian autoworkers don’t vote in French elections; they can go to Hell." I suppose he meant Slovenian. Since there are no plants in Slovakia. Coincidentally, there is one in Slovenia. “Slovakian autoworkers don’t vote in French elections; they can go to Hell.”

I suppose he meant Slovenian. Since there are no plants in Slovakia. Coincidentally, there is one in Slovenia.

]]> By: pagehype.com http://dailyreckoning.com/ready-for-the-shovels/#comment-1008 pagehype.com Mon, 23 Feb 2009 16:27:21 +0000 http://dailyreckoning.com/?p=11735#comment-1008 <strong>Ready for Shovels...</strong> When the going was good, people believed things that weren’t true. Now, they still believe things aren’t true — but in the opposite direction. Where they once believed they could get richer, eternally, by squandering money they hadn’t earned, n... Ready for Shovels…

When the going was good, people believed things that weren’t true. Now, they still believe things aren’t true — but in the opposite direction. Where they once believed they could get richer, eternally, by squandering money they hadn’t earned, n…

]]> By: Kent Stadler http://dailyreckoning.com/ready-for-the-shovels/#comment-902 Kent Stadler Sat, 21 Feb 2009 16:19:37 +0000 http://dailyreckoning.com/?p=11735#comment-902 I live in Lincoln,Ne (am in business here and am a client of Everbank). The city fathers have decided to NOT spend $$ on the fancy municipal golf course clubhouse. It really never was a serious consideration. I live in Lincoln,Ne (am in business here and am a client of Everbank). The city fathers have decided to NOT spend $$ on the fancy municipal golf course clubhouse. It really never was a serious consideration.

]]> By: bayou bobby http://dailyreckoning.com/ready-for-the-shovels/#comment-895 bayou bobby Sat, 21 Feb 2009 12:00:32 +0000 http://dailyreckoning.com/?p=11735#comment-895 So, someone said, I think it was that genius Krugman, that the banks should be forced to lend out the money we 'gave' them. And he used some sort of a day care bidness as the 'model' or illustrative example in his book, recently updated and full of even more used hay. Fine, and when the consumer or small business owner or whomever don't ask for the credit, what then? Will we be forced to borrow. Scene 1: Guy stops at bank for free cup of coffee and some popcorn. He is descended upon by several rogue agents shoving loan origination documents, credit card applications, credit history questionaires. He pulls back, hands one his rapidly cooling coffee, tosses the popcorn on the floor causing two of the banksters to slip and fall. He barely is able to pull his car door shut and runs over the foot of the last one as she tries to sliver the documents through his stightly open window. "We almost had that one. Good job on that stick save, getting him to leave with the apps. This will be a positive in your annual eval. Say, that foot looks kinda iffy, maybe we should get you to a doctor." So, someone said, I think it was that genius Krugman, that the banks should be forced to lend out the money we ‘gave’ them. And he used some sort of a day care bidness as the ‘model’ or illustrative example in his book, recently updated and full of even more used hay.

Fine, and when the consumer or small business owner or whomever don’t ask for the credit, what then? Will we be forced to borrow.

Scene 1: Guy stops at bank for free cup of coffee and some popcorn. He is descended upon by several rogue agents shoving loan origination documents, credit card applications, credit history questionaires. He pulls back, hands one his rapidly cooling coffee, tosses the popcorn on the floor causing two of the banksters to slip and fall. He barely is able to pull his car door shut and runs over the foot of the last one as she tries to sliver the documents through his stightly open window.

“We almost had that one. Good job on that stick save, getting him to leave with the apps. This will be a positive in your annual eval. Say, that foot looks kinda iffy, maybe we should get you to a doctor.”

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