Waiting for that November surprise (Economic collapse of America) Write about it here.
Open Thread #76
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Korea… in Blog Format
Waiting for that November surprise (Economic collapse of America) Write about it here.
Previous post: Marmot on SeoulPodcast
Next post: Taking the English “Hub” Out of Korea
Posted 96 minutes ago
Evangelisch-theologische FakultätEberhard Karls Universität Tübingen(Image from Department of Protestant Theology)From Dr. Jim West at the listserve CrossTalk Friday, I learned that Professor Martin Hengel has died. On both the listserve and his website, Dr. West linked to an announcement in ... [Link]
Posted 3 hours ago
The news of Alaska Governor Sarah Palin’s resignation has media outlets clamoring for a saucy reason why. HuffPo offers a tabloid explanation via a link to CNN’s typically daft Rick Sanchez, while Politico wonders if repeated ethics inquiries are to ... [Link]
Posted 3 hours ago
Soldiers of Taskforce Smith arrive at the Taejon Train Station. This 4th of July remember the soldiers of Taskforce Smith who spent their holiday arriving at the port of Pusan and traveling on by train to Taejon to ultimately become ... [Link]
Posted 3 hours ago
While Manny Ramirez rarely offers explanations for his slovenly, erratic behavior out in left field, Gov. Youbetcha treats us to such baffling, inane assertions as not quitting her job would be “a quitter’s way out” and continuing to serve the ... [Link]
Posted 3 hours ago
The Declaration of Independence—whose proclamation, on July 4, 1776, we celebrate today—has been mocked out of meaning. To be fair to the liberal establishment, ordinary Americans are not entirely blameless. For most, Independence Day means firecrackers and cookouts. The Declaration ... [Link]
Posted 5 hours ago
US government income tax revenue is declining due to rising unemployment, higher rates of part-time work, declining salaries, and cuts in bonuses. According to Trim Tabs, income-tax withholdings in the past four weeks are down 6.1% from a year ago; ... [Link]
Posted 5 hours ago
Mr. Kim, former manager of Jang Ja-yeon, was brought into Incheon Airport from Japan on the afternoon of the 3rd. Mr. Kim was arrested 10 days ago in Tokyo on charges of forcing her into prostitution. [Link]
Posted 8 hours ago
작년 7월말, 경남 함양에 갔다가 잠깐 안의면(안의마을)에 있는 함양허삼둘가옥(중요민속자료 제207호)에 들렀습니다. 전통가옥과 관련된 답사중 가장 우울했던 순간으로 기억되었죠. 함양허삼둘가옥은 지난 2004년 방화로 추정되는 화재로 인해 내부가 검게 그을러진 상태입니다. 함양에는 방화로 훼손, 소실된 전통건축물이 몇몇 있습니다. 이곳 함양허삼둘가옥을 비롯하여 농월정(소실), ... [Link]
Posted 8 hours ago
Have a happy and most importantly safe 4th of July holiday today: [Link]
Posted 9 hours ago
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{ 118 comments… read them below or add one }
Will it improve the rate of the KRW to the USD? In that case, collapse.
Well, this can’t be a surprise. W. got snubbed at the G20 on Saturday. Like they always say, “The one who dealt it felt it.”
http://ratemyhagwon.com/2008/1.....andshakes/
Wasn’t it only a few months ago when the dollar was in a free-fall against all major currencies? I remember that the Canadian dollar was actually worth more and the Euro was being proclaimed as the new monetary unit of choice.
It’s a bit humorous to see how the shoe is on the other foot as so many rubberneckers and America haters were gushing about the imminent demise of the dollar and now we are left wondering how low can the won go.
For an economy in disarray, can someone tell me how the dollar has rebounded and these other currencies weakened?
Yes, I can actually. But you seem to be enjoying it so much, I think I’ll let you continue basking in the glow of your valuable greenback for another 8 hours, while I get some sleep.
So there I was, drunk again. Well not quite yet. Went down to SC Jeil Eunhaeng to get a new account and an international bank card. Brought several pieces of ID, Korean and otherwise, including several Korean issued international bank cards. Little Miss Tighty Pants at the counter informed me that international bank cards were unavailable for “foreigners.” Desperate to confirm with her that I was indeed Korean, I demanded to see the whale in the backroom. She was awesome to behold. Her audience is not something to be taken lightly. With nary a glottal stop she too pronounced that her bank, such as it was, was happy to do business with me in won but the whole overseas thing did not fit down her blowhole. Not only that, she went on to ascribe blame for this sad state of affairs to the chief cephalod. That means whale for anyone who is Korean. I went next door to KEB and had an international bank card, to complement the two I already have guarding the ten cents I own, within 30 minutes. I called the Seoul Global Center and told them my tale, and they said that their last missive in the Korea Gleaner was in error. Blubber is still thicker than water in Seoul. Arr.
I bought gas for $1.55 a gallon yesterday ^o^~~~
Come January, I need a university teacher to help me with some research I need to do. Hoping for charity, but willing to pay. Please email me (my user name here) @hotmail.com
What’s the difference between Sarah Palin’s mouth and her vagina?
At least only some of the stuff that comes out of her vagina is retarded.
I remember watching a sketch from some show about a president pardoning a turkey before thanksgiving, then some workers proceeding to slaughter couple of turkeys in the background while the president is talking with the reporters. Well, I guess this is a case of life imitating art imitating life.
blueballs strikes me as the kind of an angry old guy who’d call his wife a bitch in public.
#8,
Extremely poor taste – as a friend of a Down’s Syndrome child, your stock just took a vast tumble in my book, but that doesn’t matter, does it?
The really important thing about American’s economic crash is finding a way to blame it on Democrats.
Actually my wife is the kind of broad who’d call you or any of your faux-macho, wife-beatin’, plaid pants wearin ajoshi pals a bitch in public…and that’s why I married her.
Peddle your fake outrage to someone who knows who you are and who gives a fuck. I’m neither.
#13
A faux-macho, man-bitch is a phrase that would describe you perfectly, blueballs. Because that’s exactly what I think you are.
Say that to my face, not online, and see what happens.
#13,
Oh, I see, you take pride in your nastiness. Wow, I’m impressed. You’re such an iconoclast.
Who’s your internet tough guy routine targeting? Did wjk call you a prison snitch in a post I can’t see?
Here’s some free advice: When you’re flipping through the channels and South Park comes on, just change the fucking channel. No one gives a shit what you’re offended by. It was a crude, tasteless joke, not the holocaust. Get over it.
Aren’t there some poor Korean women fresh off the boat that you should be lecturing about the dangers of mingling with white meat?
IHBB,
You sound like you might need some ice cream to feel better.
I like poor taste as much as the next guy, but yours was too much to not comment on. We’ve commented, and IMO it’s done with.
p.s. I’m not offended by South Park because I don’t watch it.
p.s.s. It should be ‘Holocaust’.
And here’s a piece of advice for you, and it’s also free. Get rid of your case of ass – you’ll have a happier life.
I heart:
Phuckem if they can’t take a ( really gloriously politically incorrect) joke.
Anti I hearts: I really do believe that, to the extent you are not allowed to laugh at the full range of human folly and the whole bizarre world of possibilities here on earth…to that same extent, you are not free.
It’s liberating to laugh at all the stuff you’re not sposed to be able to laugh at.
More like LOLocaust, am I right?
Making fun of a Down’s syndrome child is no different than making racist jokes about black, yellow people.
Yours was justified to yourself by intense hatred and background politics.
You will someday approve of rape, if the victim was Ann Coulter.
why is President Obama sending his two daughters to PRIVATE schools in Washington, DC?
Gee, that’s fucking weird.
I bet you, if you did a survey, all these Democrats have their children in PRIVATE schools in rich suburbs.
but, when they vote, they block every attempt to fund private schools, and vehemently stick by funding public, inner city, failing schools.
Our resident “teacha”, teaches in a cush, non-inner city, suburbian school, spouting hateful liberal politics from such a glass house. And she teaches children who are too young to demonstrate any true challenges in teaching.
A birth defect is not human folly.
Yes, laughing anonymously on the internet at jokes about the disabled is very liberating. *snicker, snicker* For the record, I’m not offended by anything IHBB writes because a) irreverance is his hallmark; and b) like most of the rest of us, he’s an anonymous username on the internet.
you know, like drug addiction, under age sex, cheating scandals, study stress, etc.
I’ve just had a pair of close encounters with Lee Myung-bak, in Washington and today in Peru, and I must say that shoe-polish-black hair dye job sticks out eerily. Particularly odd, since he was a gray-haired Seoul mayor back in the day.
Everyone needs to stop reading too much into a joke about SARAH PALIN. Remember forest vs trees and all that.
Forget politics, its time to see what the people 30 miles north of Seoul get to watch when it comes to primetime.
http://www.youtube.com/watch?v=-6XM2dL6-hY
@Slim:
Would you tell that joke about SARAH PALIN in front of a parent of a Down’s Syndrome child?
#28,
The lead-in made me think of my days of listening to Radio Pyongyang and trying to guess how many times during an hour’s broadcast KIS would be reported giving on-the-spot guidance and counseling to chicken farmers, MIG pilots and schoolgirls….especially the schoolgirls. Thanks for brightening this thread.
IHBB, I’m with ya. The world needs some offensive humor at times. Toilet humor has its place, none better than the Marmot’s.
Everybody else, harden the fuck up you crybabies.
I’d make tard jokes in front of a tard’s parents. They should drown the kittens when they come out wrong.
Good morning, jaw. Sorry for the tone of arrogant condescension last night – I mean, sometimes I very much intend to be arrogantly condescending, but that wasn’t one of those times. In truth, I only lurk at blogs where real economists go to debate the momentous issues of the day, finding myself barely able to keep up. But your question is straightforward, and may be handled by this unhumble amateur:
1) Hedge fund activity: $60 billion in reimbursements in October alone. Wealthy clients are continuously pulling their money out of hedge funds, and the funds need to get a hold of dollars to pay out. The hedge funds have also unwound their leverage; Goldman Sachs estimates that hedge funds now have less that 20% of their money in stock, and over half in cash. Perhaps a hundred hedge funds will go out of business before winter is over, and they are gathering cash (US$) to prepare for death or defend against it.
2) “Flight to safety”. Except now, there is no safety. 3 month T-bills now pay 0.02% interest. Bizarrely, that means that, although the US is in the midst of a famous economic meltdown, global investors are so worried about the value of ANYTHING else they could buy (real estate, stocks, bonds, gold, commodities) that they are satisfied ONLY with the full faith and credit of the US government, and will therefore lend it money for free. And those are the brave few. Everyone else wants cash; it’s the only thing they trust. Everyone wanting cash drives up the price of cash.
3) Credit crunch. The financial world lives on credit. Bonds, CDOs, CMOs, SIVs, commercial paper, mortgages and charge cards. Companies have something called a Debt-to-Equity ratio, and it usually doesn’t change all that much, because whenever their bonds come due, they just issue new bonds. The effect is that they continually pay interest on a fairly stable amount of debt. But in times like this, lenders don’t want to roll over the debt – when the bonds come due, they want the full principal in cash. Again, most of that activity happens in US dollars.
All 3 have in common that they are short-term phenomena; panic responses in a crisis. They are not long-term votes of faith in the US economy (although such faith exists in abundance, the current dollar surge is not it). The fact remains that the Fed is printing dollars at an unprecedented rate, and the US economy simply isn’t growing nearly fast enough to back those new dollars up with any value. The value of the greenback has to come down. But that will be an equilibrium condition – and these are tempestuous times.
Kim Jung Il is a great leader. He is my master, I must gladly serve him. I must obey. I must obey. I must obey. I must obey. I must obey. I must obey…..
Sorry about my zombie like comment. The subliminal message coming from the North Korean video on comment #28 must have gotten to me. Excuse me while wipe the blood from my nose and ears.
hey blueballs, I see you’ve linked to the Memphis Three. I always thought the stepfather did it, especially since the fucker had his teeth removed! But I also could never undertsand why the three accused were not more adamant in pleading their innocence. They were so laid back about the whole thing, ya know?
For those of you who enjoyed the “Flame” clip, which is probably the closest thing North Korea has to “Sex and the City”, this is a 3 part animation about a boy who fights off the Japanese (in late Joseon era?) that I found also from the links. It appears that the DPRK’s official animation department is doing quite well.
part1
http://www.youtube.com/watch?v.....re=related
part2
http://www.youtube.com/watch?v.....re=related
part3
http://www.youtube.com/watch?v.....re=related
I went to see a doctor yesterday because of a throat and ear infection that my body could not shake. When I arrived at the doctor’s office, without an appointment, the nurse asked for my foreign residence card, the Korean spelling of my name, and what was wrong with me. After quickly typing the information into her computer, she asked me to have a seat.
Four or five people were in the waiting room ahead of me, but I only had to wait for about five minutes to see the doctor because it only took the doctor about a minute to diagnose each patient. The doctor’s computer was connected to the nurse’s computer in the waiting room, so he knew what to expect before I even walked through his door, but he still asked me what the problem was.
I told the doctor that the left side of my throat and my left ear seemed to be infected. He looked at my throat and ear and confirmed that they were, indeed, infected. He told me to go back out into the waiting room, where the nurse would apply some heat to my ear.
I walked back out into the waiting room, where the nurse immediately led me to a chair that had a small heat lamp plugged in nearby. After about five minutes of heat treatment, the nurse called me over and gave me a prescription for antibiotics. I left the doctor’s office and went downstairs to the pharmacy, where I received a 3-day supply (9 packets) of antibiotics. I was recorded, examined, treated, and received my medicine all within less than 15 minutes.
The charge for the doctor’s visit was 2,500 won, which is about $1.65. The charge for the antibiotics was 3,200 won, which is about $2.10. That totals up to about $3.75 (5,700 won).
I do not know how much it would have cost me if I had not been listed on Korea’s national insurance program, but I do not think it would have been very much. Also, I do not think it costs very much for Korean national health insurance, anyway.
Can anyone imagine walking into a doctor’s office in the US without an appointment and getting the same kind of treatment? Can anyone imagine all the rigamarole an American must go through just to get medicine for a throat infection? Can anyone imagine what it would have cost an American without insurance?
The US health system is screwed up. There are too many specialists, too many posh offices, and too much paperwork.
There are many, many things that are right about Korea. I just wish Korea would get over her ridiculous obsession with Japan and history. Always trying to demonize Japan by lying about Dokdo and the colonial period hurts Korea much more than it hurts Japan. I hope Koreans will someday realize that.
that’s really cheap for the consumer.
can the doctor and the nurse even EAT, if that is all they get? Surely the govt must be kicking in some more, right?
asking again is actually in your interest, benefit.
sounds like the UAW might make a better living.
too much paperwork, you can blame the lawyers.
those prices sound very similar to prices my mother paid in 1988, when Korean Wieryobohum was limited to select corporate and govt employees. Not universal.
My goodness, they apparently haven’t even adjusted for inflation !
A November 20, Yonhap News article entitled, “S. Korean Lawmakers to Visit Washington Over Dokdo Issue,” says that a bipartisan group of South Korean legislators are going to Washington to “make sure that the incoming Barack Obama administration clearly acknowledges Dokdo as South Korea’s land.”
Stupid! Stupid! Stupid!
With all the economic problems facing Korea, the US, and the rest of the world, why would a group of Korean politicians be wasting time and money to go to the US to talk about a small group of desolate rocks in the the middle of the Sea of Japan instead of more important, pressing issues?
Korea already knows that the United States does not want to get involved in the Dokdo/Takeshima dispute. Also, why would Korea want to refocus world attention on Dokdo, given that Korea’s historical claims to the islets are just a bunch of lies?
Besides getting a free vacation to the United States, the only other possible explanation I can think of for these politicians going to Washington to talk about Dokdo is that they are mentally challenged.
“I just wish Korea would get over her ridiculous obsession with Japan and history.”
And they say Americans don’t do irony!
Gerry, how dare you speak of a national health insurance system. That is sedition, communism, fascism, socialism and plain un-American. You are even starting to sound like, god forbid, a Democrat!
Meanwhile, the following statements were being made at the United Nations:
The representative from Japan:
The Representatives from North and South Korea:
“Stupid! Stupid! Stupid!”
That’s exactly what I want to say to fellow Koreans who are getting so emotionally worked up about Dokdo. Presently Dokdo is the territory of Korea, nothing can change that fact, nobody can force us to give it up. Especially not now. Let the Japanese cry, whine and throw tantrums all they want, they will never get there hands on it. They will never be able to come up with a viable excuse to get the islets. I wish Koreans would just think rationally and relax a bit and not get lured into Japan’s strategy to make it an issue. The rational thing to do is ignore people who make idiotic claims.
hardyandtiny, a couple reasons for the flippant attitudes they displayed: They were dumb teenage outcasts who didn’t really take the trial seriously. Post-trial, they said they never really believed they could be convicted on basically no physical evidence, and they said that belief had an influence on how they behaved. I think Damien also said recently that at that time, they had a lot of faith in the justice system, and their lawyers pretty much assured them that the courts would serve as a check against the overzealous witch-hunt mentality of the cops. Little did they know that the two were basically working in cahoots. Once that reality hit them, their attitudes obviously changed.
And I’m with you on Christopher Byers’ dad. The circumstantial evidence surrounding him is pretty convincing. Fortunately for Byers, he didn’t listen to Metallica, wear black trenchcoats or read books on Wiccans, and was thus never considered a suspect when it mattered.
Mara Leavitt wrote a good book called Devil’s Knot about the case. Has a lot more detail than the films, and gives you a much better idea of what kind of backwoods shenanigans had to take place within the legal system to reach conviction. Just a fucking disgrace all the way around.
#44
Could you elaborate? It sounds like you feel that the US is obsessed with the past in general or some specific historical event?
gbevers @37/39, based on my experiences using the doctors here without the national insurance it is still very cheap. Your visit would have probably cost 8,000 to 10,000 won, and the medicine maybe 12-15,000. I had an EKG test this year for about 15,000!
Wjk wrote:
As I wrote, the doctor was literally spending about one minute with each patient. That means that if the other patients were also paying 2,500 won for their consultation, then the doctor was making about 150,000 won an hour without any reimbusement from the Korean government. If you add on whatever the Korean government gives them, then Korean doctors seem to be doing all right, even though they are not getting the ridiculous fees charged by Americans doctors. Also, my 2,500 won charge supposedly included a 30% school discount.
This past February I went to the United States because my father was sick in the hospital. He had pneumonia and his kidneys had stopped working. By the time I had landed, his kidneys were working again, but he was still in the hospital with pneumonia. A couple of days later they moved him out of critical care, but he still had at least three doctors stopping by his room for less than a minute almost everyday. One was a lung doctor, one was a heart doctor, and one was some other doctor. I can only imagine what they were charging for each of those short visits.
Actually, the heart doctor came with his assistant and would sit in a chair for more than a minute at the end of my dad’s bed just staring at my dad. He did not examine my dad or say anything, even though my dad seemed to be waiting for him to say something. The doctor would just sit there with a concerned look on his face. I guess showing concern is worth something because my dad said he liked that doctor, but the doctor never really did anything for my dad. He was a heart doctor, and nothing was wrong with my dad’s heart at the time. It was like he came to my dad’s room to rest and earn a little extra money. After a little while, he would get up, say “goodbye,” and walk out of the room with his assistant, who was not bad looking.
The lung doctor said he was 99% certain that my dad had small-cell lung cancer and wanted to cut into his lungs and make sure. My dad told him to go screw himself because another doctor had told him the same thing ten years earlier and had also said he had probably less than three months to live. The lung doctor was almost certainly just looking at my dad’s old medical records and making his diagnosis based on those, ignoring the fact that people with small-cell lung cancer do not live ten years with the disease. In fact, they rarely live even six months.
Anyway, my dad got out of the hospital a few days later and is now doing just fine. He did go and see another doctor he trusts at another hospital. The doctor told him that he did not have small-cell lung cancer and that the lung doctor was full of shit.
Luckily, my dad did not have his first heart attack until he was sixty-five or sixty-six and had Medicare to supplement the medical insurance he had with the fire department, so he did not have to pay anything for the critical care, the operation to insert two stints, and the subsequent visits to the doctor. After the doctors knew he was covered, they were scheduling appointments for him every month or so.
Just before my dad turned seventy, he accidentally bumped into the side mirror of his jeep one day and hurt his chest area. After a couple of days, it was still hurting, so he decided to go to a doctor, thinking that he might have cracked a rib. The x-ray showed something in his lung that looked like a spider’s egg sac. His doctor sent him to a “lung doctor,” who diagnosed him with small-cell lung cancer and gave him less that three months to live without treatment. He said that with radiation and chemo, he might live six months and maybe even a year, but no more.
My dad decided to get the treatment. The chemo was much worse than he expected and the radiation essentially destroyed his lung, but that spider sac was still there. The people at the cancer center just kept scheduling my dad for appointment after appointment until my dad finally got tired of it and stopped going.
Four or five years later, my dad’s regular doctor told him that he could not have had small-cell lung cancer because he would have been dead by then. Now my dad is 79 years old, 240 pounds, and gets out of breath easily, but has no serious illnesses. He does not even have diabetes.
My dad gives his doctors some credit because they have saved his life a few times when he has had a couple of bouts with pneumonia and heart attacks, but he still curses that lung doctor for putting him through chemotherapy hell and destroying his lung.
My dad has been really lucky. Doctors have gotten rich off of his insurance, but it hasn’t cost him hardly anything. I think my dad would have died ten years ago if he didn’t have insurance, and he would definitely be broke.
America’s heart and lung specialist have got a sweet deal. Whenever they get a patient with good insurance, they will suck everything they can out of the insurance company, which means insurance costs go higher, pricing it out of the reach of many people.
The American health care system has developed into a blooksucking monster that feeds off the rich and those with enough money to afford the expensive insurance policies while stomping on the poor and low-salary workers. It is time to drive a stake into the heart of the monster.
#49
I feel that gbevers (who is American) is obsessed with Japan and some specific historical events. I’ll leave it to you to decide which ones.
Kimchipig (#45),
I am not sure what I am, but if democrats believe, as Obama does, that raising the capital gains tax and keeping the corporate income tax high would be good for Americans, then I am not a democrat because I am not that stupid.
The US and the world is heading straight smack into a big economic disaster.
The Big Three automakers in the US going bankrupt is inevitable. But that’s not the biggest time bomb. The biggest time bomb is Citigroup. They are teetering at this moment and they are literally too big to rescue.
Consider these:
Citigroup have $2 trillion in assets.
They have a derivative time bombs worth a staggering $37.1 trillion.
They have about $202 billion in troubled residential mortgages — twice as many are now 90 days or more past due than last year.
They have thousands of dead and dying auto loans —defaults have just soared 41%.
I don’t think it wouldn’t be too outrageous to conclude that if Citigroup go bankrupt (remember they are too big to be bailed out by the US government), they’ll take the entire financial industry (or what’s left of them) with them, and a lot of us global citizens are going to be standing on the breadline.
# 38
“the nurse immediately led me to a chair that had a small heat lamp plugged in nearby. After about five minutes of heat treatment, the nurse called me over and gave me a prescription for antibiotics.”
So you are better now? Was that heat lamp treatment on your ear and throat? That heat lamp was sure a fast cure, I guess if you tell yourself you are better then that is half the battle!
After 3 days and you swallow all that medicine let us know how you feel.
GM, Ford and Chrysler employ close to 250,000 workers in the U.S. and impact nearly three million additional jobs at car dealerships, parts suppliers and other firms. If they fail, the U.S. unemployment rate could explode well into double digits far more quickly than anyone imagined possible. Detroit’s demise will crush the entire automotive sector … send the U.S. unemployment rate soaring … and drive the entire U.S. stock market and economy into a new tailspin of historic proportions
Moody’s last week predicted that 14% of ALL major U.S. companies are on the verge of BANKRUPTCY.
Regarding Dokdo: “Let the Japanese cry, whine and throw tantrums all they want, they will never get there hands on it.”
The Japanese don’t cry, whine, or throw tantrums about Dokdo/Takeshima. They simply don’t care enough about the issue to do so. What you are describing are the actions of Koreans at the mere mention of a Japanese politician saying the islet is Japan’s. BTW, Japan also doesn’t torture, brutalize, and kill animals over the issue either.
The Japanese use the issue as nothing more than stirring the pot when they need it stirred, like when they were negotiating fishing rights a few years back… Korea got a raw deal because they were too worked up over Dokdo and not keeping their eye on the largely unbalanced deal that was proposed.
Korean politicians, too, use Dokdo when they need attention drawn away from another sensitive issue. Everyone plays the Dokdo card like master puppeteers: “Dance Korea, dance!” and the people dance willingly.
Well put, DB, in #56. Based on Korean histrionics, one could be forgiven for thinking that it is Japan that holds those rocks. I hope Obama refuses to meet those clowns over an issue that should never be brought near his in-box in quiet times, let alone now.
How in the world is Gerry’s obsession has anything to do with this thread?
I remember all the lectures handed out to Koreans during the 1997 financial crisis in Korea. How Koreans fucked up their economy and why Koreans can’t learn from their mistakes.
Now that Korea’s is in another economic trouble, it’s strange that it’s deathly silent here about Koreans fucking up their economy.
Memphis 3 — One of my favorite rockers, a sadly underappreciated California artist named Chuck Prophet (Green on Red’s guitarist for those who care/know) has a decent song on this:
http://www.biguglyreview.com/h.....ophet.html
56 Darth Babaganoosh
“They simply don’t care enough about the issue to do so.”
If they don’t care enough about the issue, why are some of them claiming that a ‘Takeshima Day’ is needed.
Or maybe this will happen:
You might sleep better if you just stay away from the news for the next couple of months, cm. I’m worried that the volatility that will accompany GM’s bankruptcy will give you an aneurysm.
@Sonagi #29. No, and I doubt that IHBB would either (unless said parent were Sarah P herself), but that’s not the matter at hand. My stance is the same as you on #23 and my comment was directed at those who became IHBB’s latest roadkill victims, NK and CmH.
Most middle-aged and many elderly Koreans dump black ink all over their heads every six weeks in the mistaken belief that it makes them look younger. The effect is the opposite: the sharp contrast of black against a light complexion makes the face and all its wrinkles and age spots stand out, or in LMB’s case, the drumhead-tight skin indicative of a nip and tuck. In photos, LMB looks pallid like an embalmed corpse. Don’t know if it’s his natural skin color or if he borrows his wife’s lightening cream. Two-dimensionally, he’s creepy enough. Don’t care to experience him 3-D.
LMB seems to be sporting a Park Chung-hee hairstyle, which, for all I know, may be his intent for the authority and nostalgia it invokes. What I don’t get about hair-dye jobs on older Korean politicians is the fact that, as in LMB and Kim Yong-sam’s cases, they already had “come out” as gray hairs earlier in their careers.
#63 and #64,
And you’d think that at least LMB would be able to find a good stylist who can make him look good, at least hair-wise. I don’t know about his corpse coloring, but a little sun would take care of that. Maybe he could go to Madagascar and hang out with Aloe suzannae and the lemurs.
There’s a notable orthodontist here in town that has a notably bad dye job. I agree, it looks horrible when done wrong. And if coloring jobs are wrong, I don’t want to be right.
# 58
“How in the world is Gerry’s obsession has anything to do with this thread?”
Easy, it’s an “OPEN THREAD.”
“I remember all the lectures handed out to Koreans during the 1997 financial crisis in Korea. How Koreans fucked up their economy and why Koreans can’t learn from their mistakes. Now that Korea’s is in another economic trouble, it’s strange that it’s deathly silent here about Koreans fucking up their economy.”
What’s your point?
I think 1 minute is an exaggeration. He had to ask you at least one thing in one coherent sentence. You also took time responding. Why even say hello or ask your name to verify you are you? Waste of time. In your case, he had to at least examine you. Look in your ear or throat. Furthermore, what about the time he spends reading and writing on your chart? 1 minute? Reality drops the theoretical machine production by a big factor.
It just seems the Korean doctor is being underpaid.
The only reason why medical tourism works. Being underpaid is one reason why the doctors in training, all want to be specialists. Korea and America.
Mr. Bevers, your father seems to have had Acute Renal Failure, Pneumonia, and what you seem to describe as Congestive Heart Failure. The General Medicine doctor would not have called a renal, pulmonary, or cardiology consult, if they had nothing to add in terms of management. This deals directly with the ability for them to bill the govt or insurance.
If they came and saw they don’t have anything to bill for, they promptly sign off the service.
Your father had a MI and two stents in his history. That’s not a normal heart.
Cardiologists make more money doing procedures. Cardiac catheterization, TEE, etc. If they were really doing nothing with your father, and just saying hello, they would rather not see him. They would have no justification to bill the govt or private insurance. They would make zero on the visit. A strong incentive not to see him. The most they would do is have a medical student write a note. He’s a paying apprentice, you know. Next up is the paid apprentice, the resident. Both non-existant in non-teaching hospitals.
In fact, in internal medicine, Cardiologists and Gastroenterologists probably make the most money, because they do procedures with expensive equipment, they can bill for. For GI, EGD, colonoscopy, etc. These are the two most competitive fellowships in Internal Medicine. $
The Pulmonologist probably got it wrong. Sounds like he wanted to do a bronchoscopy.
If your father is a US citizen over age 65, there is no way that US govt would not have paid for his healthcare.
US Universal healthcare exists for those aged zero to 18, 65 to 100+ in age. In between, the theory is you can set aside your own, because you get to keep more of your income. Obviously, a boat load of people can’t, don’t, etc.
you say there is too much paperwork, but for every 1 sheet you fill out, we probably fill out 3 to 10.
Consider this bit of news from Japan too:
The Japanese Government seems as stupid as the Bush administration; everything is an act of terrorism and they must deploy SWAT teams immediately because murder has been upgraded to “terrorism”.
Considering these maladjusted bureaucrats insist on fingerprinting and photographing everyone that visits Japan — like a common criminal — which foreigners committed this act of “terrorism” I wonder (?). This is one reason why Japan is off my list of vacation places.
Wjk,
When I went to the Korean doctor on Friday, the only thing I wrote down was the Korean spelling of my name. The rest of my information was apparently in the national database. I did not have to fill out any forms or sign anything.
When I walked in to see the doctor, he simply asked me to sit down, and then asked me what was wrong. He did not ask me my name. He looked at my throat and then my ear and said they were both infected, with my ear being somewhat less so. The only small talk was a question about where I learned to speak Korean so well. He then told me to go back out into the waiting room where the nurse would give my ear some heat treatment and a prescription for antibiotics.
One minute my have been an exaggeration in my case, but it was definitely under two. They had a very well oiled system.
Yes, Korean doctors are being paid less than American doctors, but maybe that means American doctors are being overpaid rather than Korean doctors being underpaid.
My dad has stints all over the place, including a couple in his neck area. I think he has had some replaced, so stints have saved my dad’s life, when he had his renal failure and pneumonia, there was nothing specifically wrong with his heart, beyond the stress that those two illnesses can put on a heart.
When it comes to leaving the hospital, my dad practically has to beg, but getting all the doctors to sign off on it is not that easy. First they have to run all the tests that they think they can possibly get paid for. Then my dad has to prove that he is strong enough to take care of himself after leaving the hospital by being able to walk a certain distance unassisted, which means working with a physical therapist.
Wjk, do you really believe that doctors do not schedule unnecessary tests and procedures, stretch out hospital stays, or make unnecessity visits to a patient’s room? Are you saying that American doctors do not charge for their 1-minute bedside visits during his hospital rounds?
I think it is ridiculous to assume that people between the ages of 18 and 65 can afford to pay for the expensive medical insurance that they will need in their adult lives. Could a minimum wage worker afford it?
In the United States, a two minute doctor’s visit for my throat infection would have probably cost me over a hundred bucks, which means a minimum wage worker in Texas would have had to work more than two days to pay for it. And that is not counting the cost for medicine. What if it had been some kind of throat cancer instead of a simply infection?
So if a patient has to fill out one page of paperwork, then the doctor has to fill out three to ten pages? If yes, than I think that proves my point about their being too much paperwork in the US.
By the way, WJK, you said “we.” Are you a doctor? If you are, are you against national health care because you fear it will reduce your standard of living?
I have a question: does anyone know what has happened to koreasparkle.com, run by a “Roboseyo”?
I get a “connection refused” from the hosting service which makes me wonder if someone has been attacking the hosting provider. Such might make sense because the site seems to be too close to “koreasparkling.com” and cyber-vigilantes are common enough.
If your dad had stents put in, then his arteries are seriously clogged. Heart disease covers a broad spectrum of congenital and acquired problems, including atherosclerosis.
that’s interesting that Korea has all the patient info data banked in a computer system.
this should have already happened in America.
especially, if Obama wants to nationalize/socialize healthcare, at least this much must take place.
the NorthEast and MidWest US hospitals use completely different computer record systems. Some only show labs. Others save notes, dictations. It’s basically different for every hospital. Based on experience, I would guess there are at least 100 different computer programs that do not share any information, with varying degrees of computerized medical record keepings. By 2012, all hospitals must have electronical medical records. No word on a universally compatible computer program or sharing info between hospitals.
it is quite vital that the patient tell us which hospitals they have been to and what has been done there. Otherwise, we re-do tests that have already been done. Expensive tests. Cheap tests that add up.
thank the lawyers of America.
Obama is a lawyer. He assigned a non-doctor to head the HHS. Tom Daschle.
PT is ordered on anyone over 65 before discharge. One resident told me to order it, when they are admitted, since I’ll order it anyway. I don’t think it’s a mandatory rule, but in practice it is.
I don’t think they’re running tests to fatten their pockets. That was true when LBJ’s medicare/medicaid first took off. Cheating the billing system or gaming it was universal practice. There’s a butt load of rules now to discourage it. Would you order it, if you weren’t paid for it by medicare/medicaid/private insurance? You’ll pay for it, or the hospital will pay for it, and get rid of you. The sad part of this story is that when you have cheap, private health insurance, a lot of things you will have to pay out of pocket, despite having health insurance. Chest X ray? $150. But I have insurance ! So what? It’s not good enough insurance.
to hammer a point home, I’ll be a PGY-1 next year. Pretty much Summer 2009.
i think some time ago, many health insurances stopped covering dental, to save costs, deeming dental procedures to be basically not essential, and elective.
the dentists turned into cash only or super duper good health insurance only businesses.
ironically, they are giggling in joy because of it.
at least the American ones are.
to clarify, it seems the doctors are keeping Mr. Bevers, Sr, in the hospital, to make sure Mr. Bevers is in good health to be discharged, and the doctors have covered their bases, and to make sure Mr. Bevers won’t be admitted again within days or come back with a lawsuit.
it’s not to make more money while he’s in the hospital. I think medicare pays for only a certain number of days of inpatient hospital stays, defined by what they are in for. Almost all insurance companies already doing the same or will do. Medicare does it, because they have no money. They are using every excuse possible not to pay hospitals/doctors, etc. Too many old, ill people. Not enough funds. Insurance companies always follow medicare/medicaid as a standard. Even if they have money to pay more. They’re supposed to make a profit.
it is reasonable to conclude that a Korean hospital would let him go earlier.
Sonagi,
Yes, it should be “stent.” I do not know the details of my dad’s problems, but I think he got his first coronary stent around 1994 or ‘95. He was lucky because a doctor in our area knew how to do the procedure, which was fairly new, I think. However, he did say the balloon catheter they used to expand the stent hurt worse than the heart attack.
WJK,
Good luck in your medical career. Medicine is a difficult, honorable profession, and doctors deserve high salaries, but medical costs are just too high now. It sounds like a lot of the cost can be blamed on the inefficient system in the US.
@73, when i was in the usa, I didn’t have dental insurance coverage at my last job. I joked with my dentist one day (it’s a small 1-man practice) that he should give me a discount for paying cash, since he didn’t have to fool with the insurance company paperwork. He pondered that for about 10 seconds, then offered me a 20% discount!
Patients willing to pay cash on the spot can get discounts at medical clinics and hospitals, too. A former colleague and her husband paid $5,000 for the hospital delivery of their child.
Elgin;
You’re free to feel that way about Japan or whatever country you’ve never been to, but I guess you don’t know that non-US citizens coming into the US have their fingerprints (could be only the thumb, or all fingers- pretty arbitrary) and digital photos taken, too. And about “terrorists”, it beats me why you automatically link the word with “foreign” terrorists. Says who? Dubya?
“squatch”, I was aware of America doing such since the U.S. is obviously such a popular terrorist destination.
The idea of Japanese doing the same to Americans is ridiculous since we have had a healthy visa relationship with that country and I seriously doubt that any Americans want to blow up anything in Japan. The only real terrorism in Japan has been perpetrated by Japanese only — not foreigners (sarin nerve gas attack).
If you read the linked article I mention, the Japanese Government has panicked and is sounding more like the Bush administration and too many in America, that like to call everything an act of terrorism, which is pretty sad.
Well, US border officers take fingerprints and ask loads of questions regardless whether you’re from a friendly country or not…they sometimes even stop Americans if you happen to look vaguely Mid-Eastern (like some Latinos).
Anyways, I didn’t sense any foreign fear or xenophobia reading the New York Times article you linked. With the ex-health official being the target instead of ex-ambassadors and such, isn’t it pretty clear that the perpetrator is some domestic nut instead of foreign terrorists? Can’t see how it’s related with fingerprinting.
With the fingerprinting, I kind of sense the Japanese are doing it to appease Bush. With Obama as the next president, maybe it’ll change.
“squatch”, the Japanese Government, in the article, was quoted as referring to the knifing and another attempted assault as “acts of terrorism” instead of murder or assault.
My point is that, in this day and age, acts of violence are being upgraded to being “acts of terroism” by too many. The term “terrorism” has almost lost its original meaning. I’ve even read of college students in the U.S. being charged with “terrorism” by local authorities; charged for what would have been called pranks only a few years ago.
This sort of zeitgeist in Japan, along with the fingerprinting and photographing, fits the reoccurring pattern of “us vs. them” — Japanese vs. non-Japanese. Such does not entice me to visit as I have in the past.
For those who may be interested in learning about financial weapons of mass destruction, a new blog:
http://derivativedribble.wordpress.com/
He just got started and has only made about 10 posts (click ‘indexed archive’ for the list). Each post is a well-written explanation about some aspect of derivatives. It’s written for lay people, but you can expect to spend more than a few minutes with each article, including the stopping-to-think time.
#81 Elgin
An anti-terrorist precaution is broadcast on a daily basis by the FEN(Far East Net Work) to Americans in Japan. The US military installations, embassy, consulates and businesses in Japan will be potential targets by non-Japanese terrorists.
That’s logical “natto” but does this mean that Can’t the U.S. military run its own security arrangements or are they incapable of such?! Should American go through the fingerprinting and photography as well, just to please some bureaucracy and does this mean that any background check is run on the fingerprints collected?! Does this mean some guy with a knife is a one-man terror operation that can cause a panic in a government?!
I’m sorry but I have to yell *bs* on this POV.
This is just wacky:
#60 Jewook: “If they don’t care enough about the issue, why are some of them claiming that a ‘Takeshima Day’ is needed.”
What I said was the don’t care enough about the issue “to cry, whine and throw tantrums” (as you asserted).
As for a small handful of politicians claiming Takeshima Day is needed, it is nothing more than another ploy to make Korea dance. Go back to when it was first proposed, you’ll find another issue there they wanted attention drawn away from. If memory serves it was the textbook issue again.
There is a god.
Babaganoosh
Well I do agree with you that Japan (in my view mostly) uses the Dokdo issue as a ploy to get Koreans to dance. The fact that most of us are dancing irritates the hell out of me. But there also seems to be quite a number of Japanese (I think it is more than just a handful) who genuinely believe they are the rightful owners, and since they do exist just defining the Dokdo issue simply as a ploy is IMO only seeing part of the picture.
My point is that, in this day and age, acts of violence are being upgraded to being “acts of terroism” by too many. The term “terrorism” has almost lost its original meaning. I’ve even read of college students in the U.S. being charged with “terrorism” by local authorities; charged for what would have been called pranks only a few years ago.
This sort of zeitgeist in Japan, along with the fingerprinting and photographing, fits the reoccurring pattern of “us vs. them” — Japanese vs. non-Japanese. Such does not entice me to visit as I have in the past.
Don’t get it. You’re saying that Japanese society is xenophobic using what’s happening in America as proof. As I said, nothing written in the Times article is about the “us v them” psyche in Japan. It’s a story about violent acts being rare in Japan, and when ex-high ranking officials were targeted as it was here, security levels were heightened to the extreme, naturally. Nothing in the article is about xenophobia or “us v them”. It’s your prejudice against Japan that is causing you to read things that aren’t actually there.
Well, I’m 100% sure if former heads of federal departments become murder targets here, it’ll cause some stir, too. I’d be surprised if it’s not considered as an act of terror. I guess killing several high-ranking officials sends out no message of any kind in your logic.
Jewook (#88),
You obviously know very little about the history of Dokdo because if you did know about it, then you would know it would be better, as a Korean, to keep your mouth shut.
Thank you, Mr. Bevers.
On the other hand, Obama announced New Deal III.
this is basically similar to what FDR did during the Depression.
Thanks for the roads, the dams, but no thanks to the blood sucking govt programs that no one can get rid of, unless the govt is forced to during a depression every 10 years.
History proves that America dug out of the Great Depression by profiting from World War II as the victor.
Shall we count on Obama’s weekly fireside chats as well?
the good news is, he can’t serve 4 terms like FDR did.
if you talk to true Obama core supporters, they fully expect a hike in middle class taxes as well. What sets them apart is, THEY DON’T MIND.
for the rest of us who don’t want to pay more taxes, I wonder if that number is enough to vote Obama out of office.
Re: 90 (not @90)
Repeat a lie often enough as if it were true, and some people will believe it.
cm,
One word for you, “chapter 11″.
Jewook,
I’ve lived in Japan. The vast majority either don’t know about Dokdo/Takeshima or simply don’t care. There are fewer in Japan that “care” about the issue than you think. And the ones who are vocal about the issue (not counting the politicians who are using it to make Koreans dance like trained monkeys) are extremists… similar to the pheasant-killing pig-torturing extremists in Korea. They’re whack jobs, for a better term.
On a related note, I wonder what Pavlov would say about all the fist slamming and air punching around this issue.
Linkd — Palin has become a political star almost of the magnitude that Barack (”Two autobiographies before I’ve done a damn thing”) Obama became after speaking to the 2004 Democratic Convention that nominated the ham sandwich. The only difference is she’s already been in office as Governor for two years instead of just having been elected to the Senate (functionally unopposed, by the way). Why shouldn’t Gov. Palin get to shape the public’s perception of her, instead of leaving things to the hyperventilating Lie Brigades of the left?
Oh, but I forgot: the official approved meme is that Barack’s the Smart Guy, and Sarah Palin and George W. Bush are idiots who don’t read.
I’m really looking forward to the third volume that Barack will have published about himself.
I’m sure we all look forward to it. Who knows, maybe a few hundred million $ and four years of the most careful image management the world has ever seen will turn her into a candidate that people who distrust anyone with a 3-digit IQ will happily vote for.
But that wouldn’t really be progress, would it?
What’s ridiculous about your foregoing statement is that removal of just three letters (”dis”) and a reversal of the pronoun makes it a true description of the Barack Obama campaign.
But as the officially trounced party, you don’t get to make the officially approved memes for the next four years. ‘Idiots who don’t read’ stands.
gbevers
Just wanted to say I made no historical claims on Dokdo. I feel the actual history of the islets isn’t that important. And arguing over it’s history is a waste of time on both sides. The fact that in present day it is Korea’s territory is the only thing in my opinion that matters.
Jewook wrote in #46:
Were you referring to Korean or Japanese claims?
let us compare how Koreans denounce Jeollado as Commy country, because they vote 90% for their hometown party.
let us now attempt to say that African Americans are analogous, because they voted 99% for Democrat and African American, Barack Obama.
now let us arrive by the reflexive property in simple math, that these people are commies, too.
actually, more so than the citizens of Jeolla province.
but, since all of this came out from wjk’s triple digit IQ, I suppose all of you ignore it.
wjk was among the first in the WORLD to compare Obama to Noh Moohyun.
my New Year’s wish is that Linkd and cm become unemployed in 2009.
Such a good Christian, wishing misfortune on others. Delightful.
There’s a Chinese take-out in my neighborhood that doesn’t deliver?
Why are all the employees at The Waffle House caucasian?
Are legally blind people allowed to drive fat person carts at WalMart?
Why are all the workers at Dunkin Donuts from India?
Shouldn’t laundry detergent containers have a safety seal?
Why are there always TWO tennis courts? No one ever uses either one of them.
Why can’t we exit and enter highways at rest stops?
How about a highway rest stop with condos and schools and post offices, why stop at Burger King and gas stations?
Why doesn’t Starbucks serve wine and beer? What’s the fucking point in that place? I mean how long did they think they were going to last with just coffee? It’s a cafe. Of course you have to allow smoking and serve wine and liquour. How long did they think they were going to last with pussy chatter over coffee? No smoking, no beer…jesus, what the fuck kind of place is that? No escalators. Five bucks for a cup of coffee and these fuckers have me climbing up stairs. SBUX $7.83 a share. What a ridiculous company.
that’s a classic knock on the Christian.
I’m sorry, but I’m hardly a mature person. I need to vent every now and then.
I’m worlds better than a stupid religious terrorist, who belongs in Guantanamo.(I suspect they’ll all go free by 2012, by Executive Order)
go knock theKorean. He suggested I was sperm meant to be swallowed by my mother.
he claims to be a Christian.
the fact that you don’t bother him, but care to bother me, says something about your personal bias.
I personally wish you to double your wealth in 2009, KrZ.
There’s a Chinese take-out in my neighborhood that doesn’t deliver?
–Must be a new concept. I thought chicken wings and fries was a good US inner city ploy.
Why are all the employees at The Waffle House caucasian?
–them and Cracker Barrel have gotten in trouble with racist things every decade.
Why are all the workers at Dunkin Donuts from India?
–they have money to buy a Dunkin Donuts and apply and buy in for immigrant visa.
Shouldn’t laundry detergent containers have a safety seal?
–they should. Seems like the good ones rise in price with oil prices.
Why doesn’t Starbucks serve wine and beer? What’s the fucking point in that place? I mean how long did they think they were going to last with just coffee? It’s a cafe. Of course you have to allow smoking and serve wine and liquour. How long did they think they were going to last with pussy chatter over coffee? No smoking, no beer…jesus, what the fuck kind of place is that? No escalators. Five bucks for a cup of coffee and these fuckers have me climbing up stairs. SBUX $7.83 a share. What a ridiculous company.
–I think you want Korean da-bang. Bux girls? Starbucks to me, was a place, where I could buy a coffee, sit and read for hours, and they won’t ask you to leave. Also provides internet wifi and a clean rest room. Real low social class people don’t go there for some reason. They do go to McDonald’s, Dunkin Donuts, etc. If they sold burgers and fries, they will attract the lower SES. I don’t want drunks in Starbucks. They can sell cigs, if they force them to sit outside. Now, sellings cigs, that’s an idea. Probably will drive the 7-eleven nearby under. But, Starbucks is pretty liberal in politics. Cigs are cancer sticks, quite literally. Best thing you can do is not smoke.
Thanks buddy. Hope you have a great 2009 too. ^_^
i was never of age to experience the Korean da-bang, but I assume it’s paradise for some men here.
coffee, beer, smoking, girls, real food.
seems like if they added marijuana, it would complete ‘your’ world. Depending on who ‘you’ are.
is it a Japanese import? Probably is.
eebalso seems like a lift from Japan, too.
gbevers
I was referring to the Japanese who claim that since they have historical rights on Dokdo, it belongs to them. I feel making such claims are idiotic because such claims cannot change the fact that Dokdo is Korean territory now. Even if there was undeniable black and white proof that historically speaking Dokdo belongs Japan, Korea would still have no reason to hand over the islets. History is history and now is now, there is a difference.
However, I also think the Koreans who are going out of their way to prove that historically Dokdo belongs Korea are idiots too. I consider such actions as Koreans mindlessly dancing to Japan’s beat.
Vikram Pandit is one of the guys I’ve always had a lot of respect for. I think he took a big risk taking the Citi job, but he’s one of the few senior guys who actually understands all the derivatives. You’d think that would help in the current situation, but we’re in a time of panic where people don’t want to hear long-winded explanations. So there’s trouble brewing.
Linkd, I like the site that you linkd. I think Vikram would approve too. But for a lot of the people whose opinions and actions hold sway over our lives I still think cartoons are the way to go. I became convinced of the market’s ability to send a perfectly sound business into bankruptcy after this
http://tdworld.com/news/power_txu_europe_files/
As I see the ship of those I admire and respect sinking fast, I must be feeling many of the same feelings as gbevers and Brendon Carr.
gbvers
it would be interesting to know from you: what would be the most pragmatic approach to solve / bury the dispute?
leaving the status quo is probably the least troublesome option for the moment (am with jewook on this).
however, i m afraid that the koreans are in quite awkward position. either they keep ‘dancing’ to any
japanese ‘provocation’ or they will finally allow an unbiased discussion about the past of dokdo/takeshima and it will soon turn out that there s little evidence for the ‘historical connectedness of the korean people with the islets’ (justifying a museum, organized islet visits, brainwashing students with myths etc ).
koreans have to decide what is more embarrassing.
9 pm on a Monday may be a little late to be adding to a weekend thread, but I wish to note that Citigroup has just been saved by the US gov’t, so would someone please tap on the door of cm’s bomb shelter and tell him the world hasn’t incinerated.
Also, this is interesting. I’ve been thinking that it’s going to be a f**king hard chore trying to get the wheels of global commerce going again after this hellish jolt – and then, there it is (choir of angels)…
Not that I’m holding my breath. Doha is 7 years old, and has gotten exactly no-f*king-where in all that time. But since we’re all fucked anyway now, wouldn’t it be something if the rich countries would let the developing nations sell them food, and the developing nations let the rich countries sell them finished goods? We’ve never really had that, ever. If those fuckers could just get Doha off the ground, maybe…just maybe…something good might happen.
Somehow I missed the day that 143 tons of kimchi were made all at once in Seoul:
http://www.sfgate.com/cgi-bin/.....004S95.DTL
And…interesting story about a film festival in Pyongyang:
http://www.nytimes.com/2008/11.....ref=slogin
“Real low social class people don’t go there for some reason.”
wjk, that’s funny. I thought the lower-class was Starbucks’ main target. Isn’t Starbucks all about buying useless crap and pretending to do something without doing anything?
“Starbucks to me, was a place, where I could buy a coffee, sit and read for hours, and they won’t ask you to leave.”
You’re hanging out in a McDonalds without hamburgers paying five bucks for a cup of coffee.
it’s not a McDonalds. The rest room is worthy of a private #2.
Starbucks, you can sit for hours after one purchase.
Starbucks has long been the refuge or the office for the college student, grad student who didn’t want to go to the library.
I think it’s somewhat of something that Starbucks continues to honor to do. Leave the guy studying alone as long as he bought something.
It may be a bit premature to get cm out of his bomb shelter just yet. It sounds to me like the Feds have just written a zero coupon CDS on the senior 90% piece of the largest CDO ever written. Basically a retranching of a retranching of a $300 billion portfolio of a whole load of crap that Citi doesn’t want. I wonder if they are going to apply to have it rated?
Everyone else is going to come knocking now for their piece of the pie. The TARP thing is all over the place. They’re talking about propping up auto purchases, college education, reducing the burden of credit card debt. They may be promising not to raise trade barriers but everyone is going to be handing out cash to their friends all over the place and just pushing the pain back a few weeks or months. They’re getting away with it at the moment as everyone is rushing to treasuries, but boy if there was somewhere better to go would they be in trouble.
A regular coffee without frothy milk or fancy syrups is less than $2, a price I’ll gladly pay to avoid the noxious fumes of McDonalds’ ‘food.’
i heard from a morning radio show that McDonald’s was doing all it could to save the Double Cheeseburger at the dollar menu.
Turns out, it can’t.
Food is expensive.
They will create a ‘McDouble’.
It’s two beef with one cheese I think.
They also mentioned the Filet-O-Fish has been selling with half a sheet of cheese for quite a while now.
To save costs.
They didn’t say anything about the Big Mac or the Quarter Pounder.
Last week, I bought a Big Mac.
Tasted like Big Mac.
Couple days later, I bought another one.
There was one cheese. Not two.
Check your own purchases to verify.
I ordered a Quarter Pounder the other day.
The guy asked me,
“With Cheese?”
with Cheese? That’s a Burger King, Quizno, Carl’s Jr/Hardee’s type of question, is it not?
McDonald’s never charges you for cheese.
But, now I suppose they do with the Quarter Pounder.
the American renter has done this. Blames everyone except himself. Well, I suppose Americans will now be maybe 5% thinner.
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