What now - with a bit of background info!

Discussion of the latest Peak Oil news (please also check the Website News area below)

Moderator: Peak Moderation

Vortex
Posts: 6095
Joined: 16 May 2006, 19:14

What now - with a bit of background info!

Post by Vortex »

The US Senate has voted 'nay' to the $700B bailout plan. In a somewhat unexpected turn of events, the bailout plan backed by George Bush as a plan of "tremendous importance to all Americans" has been rejected by the senate. The initial vote of 207 to 226 in the senate was not overturned in the reflection time after the vote. With the DOW falling nearly 500 points and the clock to the deliberation time running to zero, the senator of Texas tried to revive discussions on the bill to no avail.
http://www.neurope.eu/articles/89975.php

Oh dear oh dear ...... I knew I should have bought some gold and taken out some cash today .... :shock: :shock: :shock:
Vortex
Posts: 6095
Joined: 16 May 2006, 19:14

Post by Vortex »

After Bush's end-of-the-world speech, this could cause a bit of panic ... even if the true situation isn't really too dire.
User avatar
Mitch
Posts: 458
Joined: 04 Aug 2006, 16:48
Location: Grand Union Canal, London

Post by Mitch »

I didn't even get a chance to post my snotty letters to the banks today - now they'll probly be outta business by the time the second class post gets there........... :twisted:
Mitch - nb Soma
Vortex
Posts: 6095
Joined: 16 May 2006, 19:14

Post by Vortex »

I'm thinking of going out NOW to get some cash from the ATM.

Do you realise that we may be on the eve of a financial meltdown?

Probably very, very unlikely BUT if there is ANY day in your lifetime which will be the start of a financiall meltdown, tomorrow will probably be it!

Forget any humour - this is rather a scary thought.

(I'm sounding like LATOC ... but maybe I should do, just this once)
User avatar
Mitch
Posts: 458
Joined: 04 Aug 2006, 16:48
Location: Grand Union Canal, London

Post by Mitch »

Know whats even more scary, Vortex? I wonder how many people feel as you do? Could we possibly expect mile long que's at every ATM and bank around Europe tomorrow? :shock:

I wonder what's happening in the States? Are the sheeple already fetching thier money out of the banks? If so, we really. really are in a huge pile of dung, and this whole thing could actually go down in day's......
Mitch - nb Soma
MacG
Posts: 2863
Joined: 24 Nov 2005, 11:09
Location: Scandinavia

Post by MacG »

Vortex wrote:I'm thinking of going out NOW to get some cash from the ATM.

Do you realise that we may be on the eve of a financial meltdown?

Probably very, very unlikely BUT if there is ANY day in your lifetime which will be the start of a financiall meltdown, tomorrow will probably be it!

Forget any humour - this is rather a scary thought.

(I'm sounding like LATOC ... but maybe I should do, just this once)
Nah, with your usual luck you will just be robbed. Then you will end up without money but full of hate. Quite a waste. Better to just suffer together with the rest of us.
Vortex
Posts: 6095
Joined: 16 May 2006, 19:14

Post by Vortex »

Mitch wrote:Know whats even more scary, Vortex? I wonder how many people feel as you do? Could we possibly expect mile long que's at every ATM and bank around Europe tomorrow? :shock:

I wonder what's happening in the States? Are the sheeple already fetching thier money out of the banks? If so, we really. really are in a huge pile of dung, and this whole thing could actually go down in day's......
Saw a comment on LATOC a second ago where a women working in some sort of brokers has just phoned her husband to get cash out their account ...
User avatar
Ludwig
Posts: 3849
Joined: 08 Jul 2008, 00:31
Location: Cambridgeshire

Post by Ludwig »

Vortex wrote:I'm thinking of going out NOW to get some cash from the ATM.

Do you realise that we may be on the eve of a financial meltdown?

Probably very, very unlikely BUT if there is ANY day in your lifetime which will be the start of a financiall meltdown, tomorrow will probably be it!
Oh, it's gonna happen and tomorrow seems as good a day as any.
Forget any humour - this is rather a scary thought.

(I'm sounding like LATOC ... but maybe I should do, just this once)
There's a lot of sense on LATOC, just not the kind of sense most people want to hear.
"We're just waiting, looking skyward as the days go down / Someone promised there'd be answers if we stayed around."
User avatar
tattercoats
Posts: 433
Joined: 24 Nov 2005, 11:09
Location: Wiltshire
Contact:

Post by tattercoats »

Right, that's it - where's my copy of 'Independence Day'? Or maybe 'Supervolcano', or 'The Day After Tomorrow' - dammit, this calls for some serious escapist uber-doomwatching.
Green, political and narrative songs - contemporary folk from an award-winning songwriter and performer. Now booking 2011. Talis Kimberley ~ www.talis.net ~ also Bandcamp, FB etc...
Pani Kova
Posts: 54
Joined: 02 Jul 2008, 17:21

Post by Pani Kova »

Glad I've just been paid. Time for a salary-busting ASDA order, methinks.
Dear Vladimir, I have changed my name because Panicky Mum reflected neither my current state of mind nor my Russian roots. I think that you're doing a great job and look forward to enjoying an excellent supply of gas for some time yet. All the best!
User avatar
SunnyJim
Posts: 2915
Joined: 24 Jan 2007, 10:07

Post by SunnyJim »

Vortex wrote:After Bush's end-of-the-world speech, this could cause a bit of panic ... even if the true situation isn't really too dire.
Looks like I made that batch of homebrew on just in time... :wink: :lol: :lol:
Jim

For every complex problem, there is a simple answer, and it's wrong.

"Heaven and earth are ruthless, and treat the myriad creatures as straw dogs" (Lao Tzu V.i).
Vortex
Posts: 6095
Joined: 16 May 2006, 19:14

Post by Vortex »

Mitch wrote:Know whats even more scary, Vortex? I wonder how many people feel as you do? Could we possibly expect mile long que's at every ATM and bank around Europe tomorrow? :shock:

I wonder what's happening in the States? Are the sheeple already fetching thier money out of the banks? If so, we really. really are in a huge pile of dung, and this whole thing could actually go down in day's......
Back from town now. Job done. Wife was bodyguard. Tescos tomorrow.
Neily at the peak
Posts: 353
Joined: 06 Dec 2005, 20:49
Location: Devon

Post by Neily at the peak »

tattercoats wrote:Right, that's it - where's my copy of 'Independence Day'? Or maybe 'Supervolcano', or 'The Day After Tomorrow' - dammit, this calls for some serious escapist uber-doomwatching.
I am off to watch the X Factor!!
User avatar
Mitch
Posts: 458
Joined: 04 Aug 2006, 16:48
Location: Grand Union Canal, London

Post by Mitch »

I wonder if the ATM's will mysteriously go "off-line" before daybreak? If that does happen, I will be very, very scared indeed!
Mitch - nb Soma
User avatar
Kentucky Fried Panda
Posts: 1743
Joined: 06 Apr 2007, 13:50
Location: NW Engerland

Post by Kentucky Fried Panda »

Would you all calm down to a panic.
Post Reply