dimelab dimelab: shrinking the gap between talk and action.

chickens Topic in The Credit Debacle Catalog

Chicken Bailout (1); chicken developing (1); Chicken Doves (2); Chicken Slaughter (1).

zero hedge Sun 2010-05-09 09:46 EDT

John Taylor: "Dead Man Walking...The Euro Is Finished"

One of the incidents that I remember from my youth was the first time I saw a chicken slaughtered and running around headless for quite a few minutes before it keeled over and died. The euro is at that stage. Its life is finished, but it will be around for some time before it becomes a subject of historical analysis...

Dead Man Walking; euro; finished; John Taylor; Zero Hedge.

Tue 2010-04-27 08:22 EDT

Anecdotal Economics: A Chicken in Every VAT

...The retail consumer is back, and she* is in the mood to shop, we reliably are told. The Census Bureau reported March 2010 Advance Retail and Food Service Sales improved 7.6 percent from a year ago, and for 1Q2010 are 5.5 percent above 1Q2009...So why do state sales tax revenues tell a different, disconnected story? In the Nelson A. Rockefeller Institute of Government's April 2010 State Revenue Report, which chronicles the woeful status of state tax collections, concludes that sales tax collections fell almost 9.0 percent in 2009, a statistically significant 2.8 percent more than the reported decline in retail and food service sales made up estimated by the Census Bureau...It's a significant disconnect between theory (Census Bureau) and reality (actual sales tax collections), much as the similar, significant disconnect between the Employment Situation reported by the Bureau of Labor Statistics (theory), which appears to be masking the true extent of unemployment in America with all those marginally attached and discouraged workers, and the meaningful decline in actual payroll tax withholdings (reality), as reported by the Treasury Department in its Daily Treasury Statements...

Anecdotal Economics; chickens; VAT.

Fri 2009-01-16 00:00 EST

CHINESE CHECKMATE << Culture of Life News

``There is a game of chicken developing here: both China and Japan hold more than $1.5 trillion in US paper and whoever drops it off the cliff first, will beat the one who hesitates...Will they do it? I would think so! This will probably happen after Saudi Arabia falls to revolutionaries...It is the focal point of all of bin Ladens works and dreams. And it will happen if oil drops below $30 a barrel.'' ``Store shelfs are packed with goods. But let that not fool us! These are the detritus from deals made at least a year ago if not longer. There is nothing in the pipeline. Once the shelves are cleared of goods, there will be few replacements.'' ``The US and EU refused to police our bankers and brokers. So the Communist Chinese will do this for us. No one will bank with the West. They will bank with China if China has good controls...And our money will have Mao grinning at us. We deserve this.''

CHINESE CHECKMATE; Culture; Life News.

Fri 2008-11-07 00:00 EST

naked capitalism: A <strike>Chicken</strike> Bailout in Every Pot (Monoline Edition)

naked capitalism: A Chicken Bailout in Every Pot (Monoline Edition)

Bailout; chickens; Monoline Edition; naked capitalism; pot; striking.

Mon 2008-02-11 00:00 EST

The Chicken Doves: Elected to end the war, Democrats have surrendered to Bush on Iraq | The Smirking Chimp

The Chicken Doves: Elected to end the war, Democrats have surrendered to Bush on Iraq, by Matt Taibbi; K Street astroturf "antiwar coalition" Americans Against the Escalation in Iraq, led by lobbyists Thomas Matzzie and Brad Woodhouse, DSCC consultants Hildebrand Tewes | The Smirking Chimp

Bush; Chicken Doves; Democratic; election; ending; Iraq; Smirking Chimp; surrender; war.

Tue 2007-10-23 00:00 EDT

Economic Disconnect: Superfund Strong Arm and a Game of Chicken

(MLEC; SIV coverup)

chickens; Economic Disconnect; game; Superfund Strong Arm.