08 February 2011

commodity bubbles are going out of control

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You fuckers doing yer speculating should curl up and die instead.
The US fears that Saudi Arabia, the world's largest crude oil exporter, may not have enough reserves to prevent oil prices escalating, confidential cables from its embassy in Riyadh show.

The cables, released by WikiLeaks, urge Washington to take seriously a warning from a senior Saudi government oil executive that the kingdom's crude oil reserves may have been overstated by as much as 300bn barrels – nearly 40%.

The revelation comes as the oil price has soared in recent weeks to more than $100 a barrel on global demand and tensions in the Middle East. Many analysts expect that the Saudis and their Opec cartel partners would pump more oil if rising prices threatened to choke off demand.
I sprung out of blogging mode last night the moment my eyes landed on BB2's comment about the loss of Gary Moore—losing myself in my life of loving guitar heroes and transcendental vocalists who are now damn old—not willing or able, I don't know which, to face any of this for nearly a day.

I gotta say, I had this entire problem completely parsed by the time I was thirteen years old, and have endured all manner of karma for it my whole life, only to live to see for undeniably certain that I was right from the git. Yes, that and two bucks will buy me a cup of coffee, I know, but, you fuckers, WHY won't you wake up?

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love, 99
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24 comments:

  1. "...in the city's vast network of unused air defence bunkers, as many as a million people live in small, windowless rooms that rent for £30 to £50 a month, which is as much as many of the city's army of migrant labourers can afford."
    "We don't ask for much," said a roadside vegetable seller who also lives in a nearby basement shelter, "but the government must give us somewhere to live, because without us labourers what is going to support the Beijing[or Washington] economy?"
    America, Fuck Yeah!

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  2. Everyone in rural China is moving to their fast-rising mega-cities to get jobs making everything we own.

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  3. But I can't eat bubbles...

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  4. They give me gas....

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  5. Jeopardy time.

    What is 44 out of 52?

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  6. It appears they are not playing with a full deck.

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  7. Well, they have more cards than we do anyway.

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  8. I spoze it's outright dreamin' to suppose people would stop investing... show those sociopaths the chink in their armor. Who passes up the chance to simply put money somewhere to get more back? Hoist by one's own petard....

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  9. @ final steps

    looks like consolidation to cut cost. nothing new, just more proof of HFT effectiveness. the global derivatives business is the 800# lemming running at you.

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  10. Focus. Focus. Focus.

    Sadad al-Husseini, Jeremy Gilbert, Jeremy Leggett, and Chris Skrebowski...92-94 Mbpd y nada mas.
    Investment stops when it is cost prohibitive. The paper will stop because the economy is a thermodynamic system that runs on oil and as smart as Wall ST may be they to must follow the second law of thermodynamics.

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  11. Money, monetary systems, trading ... all thin air ... a head trip ... a GAME ... a LETHAL one.

    Peak oil is the same. This hand-wringing over lethal horseshit drives me NUTS.

    We don't need EITHER. They could both STOP now and we could be FINE. The whole world stops buying-in to their own oppression and starts buying-in to each others' quality of life and poof, agonies gone and space lizards are the ones wringing their hands.

    SELF RESPECT replaces money beautifully. Torsion physics replaces oil beautifully. The ONLY thing standing in the way is our totally fucked up mental conditioning. Period. Full stop.

    Focus on that.

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  12. OTG's impersonater2/10/11, 9:50 AM

    I noticed they had Nazi bells on sale at Wal-mart.

    wuwu don't feed shit, IT'S YOUR HEAD TRIP, and it's not an escape. next I bet you'll have a map of all the abiotic oil reserves.

    after you break through mental conditioning you still have infrastructure to deal with. LOOK AT EGYPT.

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  13. You do the research first, THEN you can tell me what's my head trip and what's wuwu.

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  14. research. No.

    Observation. No needum big booksmarten.

    Its the difference between thinking and feeling. I feel and observe the wuwu, although it may be real; usually more real that our conditioning, is still a distraction from acting on behalf of the planet.

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  15. Gotta blend 'em dude. Gotta blend 'em. And there's not much hope of enough acting on behalf of the planet unless and until people who can cogently turn wuwu back into actuality in people's heads break out of that particular box they've been stuffed into by space lizards.

    I do HOPE we're running out of oil. There isn't enough objective science on it to tell. It's even more airy fairy than the science on AGW. Doesn't it make you the least wary that PROVEN "liberal" fascists are the most avid proponents of it? Seems to ME that puts it almost on a par with the Birther thing on the right. So when I go on about dropping mental conditioning, our preset defaults, I mean it's HARD WORK.

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  16. Feelings can SO lie to you, especially when you have so much invested in a thing.

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  17. $$$ at the pump or food on the table, but really both are facts.

    wuwu needs to be grounded...one straight link to the center of you and me. hope=dope.
    ""liberal" fascists are the most avid proponents of it"...yes, just like Bush's WMD's the agenda comes first and you make the facts support it. They could be real facts, eh. I'm more wary that the "liberal" facsist have torsion physics and I don't.

    Peak oil=Birthers. Now, who and how is that helping?

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  18. Think about it.

    Yer accusing me of being wuwu for stating we don't need this crap and could convert to clean and free at will. I know what I'm talking about, but you keep looking at $$$... which is what good, well-indoctrinated slaves do, no matter how anti-authoritarian they think they are. THAT is why the mindfuckers are to be so reviled. They dupe even the smartest and most capable of us.

    So.

    THINK about it.

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  19. I accuse you of wuwu because of the disconnect from how regular humans behave. If we can't use our will to feed the poor then how powerful of a force is the moral "will of the people"? Doesn't matter, only the current direction matters. Clean and free isn't a balanced ecosystem. Clean and free could be as destructive as $$$ or any other mental constraint we have now.
    Mormons. Give them free, clean, limitless power?
    This planet needs some balance, wuwu is polarizing. The average 20 year old doesn't need MORE wuwu, they need actuality and nature.
    There's not much hope of enough acting on behalf of the planet unless and until people can cogently turn to actuality. More actuality, sans wuwu, for now.
    Well-indoctrinated slaves repeat.
    Being well-indoctrinated slaves has it's own actuality that neither of us fully escape, without everyone else.

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  20. JUST STOP LEAPING TO SOPHISTRY TO DEFEND YOUR CRAP AND LISTEN!

    THINK.

    WHAT YOU CALL "WUWU" ISN'T WUWU MUCH OF THE TIME. I'M TELLING YOU THAT YOU HAVE BEEN TRAINED TO THINK IT'S WUWU AND YOU NEED TO LOOK INTO IT JUST AS SOON AS YOU CAN PARK YOUR EGO FOR A MOMENT OR TWO.

    STEP BACK AND LOOK AT WHAT YOU'RE SAYING. DON'T BE A JACKASS!

    IF YOUR HEART IS IN THE RIGHT PLACE YOU WILL CUT THE STRIDENT ASSURANCE ABOUT BLATHER AND PAY ATTENTION.

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  21. Sure I'll just park my ego and check out some wuwu for a year or two to do exactly what? Not eat?

    Oh, I'll just step outside all the constraints that the people around me are intent on holding up and get all the free clean energy I need. The coo-coo clock is going off.

    you know what the difference is between a blogger and a four year old texting?

    the four year old doesn't know better.

    "Feelings can SO lie to you, especially when you have so much invested in a thing."
    -you said it.

    Out there is for you, hope you find a suitable planet. I'm going to get that Yanukovych quote tatoo'd on my arm. I'm done.

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  22. Ego Parking — Fail

    Intension Upholding — Too Avid

    Quote — Rocks

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