Friday Random Ten Again

Is There Something I Should Know (Monster Mix) by Duran Duran
Nightrain by Guns N’ Roses
Winner Takes It All by Sammy Hagar
Do It by The Pink Fairies
The Chronicle Of The Black Sword by Hawkwind
Desperado by Alice Cooper
Of Wolf And Man by Metallica
Meet The Creeper by Rob Zombie
I Just Wanna by Kiss
All My Life by Linda Ronstadt & Aaron Neville

Special Bonus video relating to the next post!

Holy Leif Erickson, Iceland is Bankrupt!

Yep an entire country is on the verge of bankruptcy. Iceland is virtually bankrupt, its stock market closed, banks nationalized and is currency worthless. Admittedly Iceland is a small country but that doesn’t mean that it can’t happen elsewhere, maybe even here.

WORKERS OF THE WORFLD UNITE, YOU HAVE NOTHING TO LOSE BUT YOUR CHAINS!

Paris Hilton Has My Vote

No, really her campaign ads are better done and her policies make more sense then the other two. Her solution on the economy is the only one that actual would help the people who are losing their homes. That and it turns out that she has a wicked sense of humor, who knew.

See more Paris Hilton videos at Funny or Die

Mini is the new Fiat

Everyone knows that FIAT really stood for Fix It Again Tony. They were fun but very fragile. Now my Mini Cooper has lunched it's engine and it will cost $5980 for a good rebuilt engine with a 1 year warranty. problem is I'm about $5000 short, damn! Double damn because now I've done research and found out that Mini Cooper's have a number of persistent mechanical problems. A bit late I fear.

Depressing and soon Random

As I’ve said before Global Guerrillas is one of my favorite blogs. His latest post is an examination of why the current efforts to bail out the collapsing financial system are going to fail. Not only is the financial system large, fast and complex but it is interconnected in ways that are not understood even by those who have helped build it. With derivatives having derivatives the system is completely opaque and deliberately so. The current system ahs been described as a ponzi scheme but it’s not, its multiple interlocking ponzi schemes. The perpetrator of one ponzi scheme can be the victim of one or more other ponzi schemes. Thus the uncertainty among financial institutions, even if they sold off all their now toxic paper they may have bought some soon to be equally toxic paper from some one else. No one knows what is or is not potentially toxic at this point and won’t know until the security goes bad.

Fasten your seat belts, it’s going to be a bumpy ride

Still too Optimistic

At last a NATO commander admits that the War in Afghanistan can’t be won. Of course he thinks that they can reduce the level of insurgency down to where the Afghan army can handle it. Fat chance of that since the Afghan army is for the most part composed of the militias that the Taliban had beaten in the first Afghan civil war. Still it’s a step in the right direction. Now if only Obama and McCain are listening.

Friday Random Ten

Rooftop Action by Los Lobos
There She Goes Again by The Velvet Underground
Planet Caravan by Black Sabbath
Departure by The Moody Blues
The Whisper by Queensrÿche
All She Wants Is (45 Mix) by Duran Duran
All The Young Dudes by Ozzy Osbourne
Maybe by Janis Joplin
Delivering The Goods by Judas Priest
My Own Way by Duran Duran

Bonus video selection

Hell Bent For Leather by Judas Priest with leather God Rob Halford



Warlock’s All We Are with leather goddess Doro Pesch



Doro attends a White Wedding




An finally bring the Fire

This is Depressing.

One of my favorite blogs is Global Guerrilas , I don’t always agree with everything John Robb says but he is always interesting and has many valuable and unique insights into current events. In his recent post Systems Shocks he gives us this very disrobing information;

Too Big. Simply, the system's scale is far beyond the ability of nation-states, or a community of nation-states, to manage when it suffers a breakdown. In the case of the current financial collapse, the global shadow banking system (a globally inter-networked collection of unregulated financial products) is approximately $450 trillion, as compared to a US GDP of $15 trillion or a global GDP of ~$60 trillion. Put another way, the financial liabilities of the highly leveraged Deutsche Bank are 80% of Germany's GDP and Barclay's liabilities are 100% of the UK's GDP. As the leverage underlying the shadow banking system unwinds and more banks fail, the scale of the loses experienced will rapidly exceed nation-state budgets.

Think about that for a moment, $450 Trillion in unregulated, don’t know what their worth securities out there. That means the $700 Billion bail out plan is a whopping 0.15% of what would be needed if these things all turn out to be toxic waste. The problem is no one knows what, if anything, these things are worth. The world economy is a liner running at top speed through an ice berg flow

Yet Another Statement of (Un)Belief

I tell you the truth, some who are standing here will not taste death before they see the Son of Man coming in his kingdom. (Matthew 16:28)

Blessed is the one who reads the words of this prophecy, and blessed are those who hear it and take to heart what is written in it, because the time is near. (Revelations 1:3)

And here we are 2,000 years later and still no sign of J.C. If the bible is the inerrant word of god did god change his mind and forget to tell anyone? Just sloppy work I say.

The Prefect Weapon For Assassination

There is a new product coming out of New Jersey, appropriately enough, called The Palm Pistol . It is being marketed as a home self-defense weapon but it looks more lie a close up assassination weapon. It seems it would be perfect for close up work in crowded situations, shoot the target, drop the gun and move away.

It sometimes bothers me my mind works like this.

Hat tip to Warren Ellis