Bits Bucket for March 7, 2014
Post off-topic ideas, links, and Craigslist finds here.
The Housing Bubble
Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole.
About Me
Name:Ben Jones
Location:Northern Arizona, United States
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Is the EM crisis finally over?
Carmakers fear emerging markets gloom could overshadow European rebound
By Laurence Frost
GENEVA Tue Mar 4, 2014 1:35pm EST
(Reuters) - French carmaker Renault (RENA.PA) has trimmed its growth forecast for the global market this year as the industry becomes increasingly worried about volatile emerging markets just when demand in Europe is starting to pick up.
Renault’s sales chief Jerome Stoll said at the Geneva auto show on Tuesday the group now expects global vehicle sales to rise by slightly less than the 2 percent previously forecast.
“While Europe is showing some signs of recovery, we are at the same time seeing some headwinds from emerging markets,” he said, citing in particular weaker than expected demand in Russia, Argentina, Turkey and Algeria.
After a six-year sales slump, Europe’s car market is finally showing signs of recovery as even the countries hardest hit by the euro zone debt crisis move out of recession. Industry data on Monday showed car sales in Germany, Italy and Spain rose last month, although they dipped in France.
But some emerging markets such as Brazil and Russia have seen a slowdown in demand, and executives are concerned the latest bout of volatility sparked by Russia’s intervention in Ukraine could lead to a further weakening as some currencies come under further pressure.
“Some countries have seen their currencies devalue by 20, 30 or 35 percent. That always has consequences … very strong consequences if one doesn’t produce locally,” Christian Klingler, sales chief at Europe’s biggest carmaker Volkswagen (VW) (VOWG_p.DE), told Reuters at the show late on Monday.
RUSSIAN BEARS
…
Emerging Stocks Rise on Economy as Sensex Jumps to Record
By Julia Leite, Maria Levitov and Santanu Chakraborty
Mar 6, 2014 2:00 PM PT
Emerging-market stocks rose to a six-week high as better-than-estimated U.S. jobless claims data bolstered confidence in the global economy. India’s S&P BSE Sensex climbed to a record amid a shrinking current-account gap.
The MSCI Emerging Markets Index advanced 1.2 percent to 970.27. India’s benchmark equity index rallied 1.1 percent as ICICI Bank Ltd. surged, while the rupee climbed to a three-month high. Brazil’s Ibovespa (IBOV) increased as MRV Engenharia e Participacoes SA led homebuilders higher. The Micex Index retreated as the U.S. threatened more sanctions if President Vladimir Putin doesn’t back off from the Ukrainian conflict while the Crimean parliament voted to become part of Russia.
Equities joined a global rally after data showed U.S. jobless claims tumbled, spurring optimism about the employment market before the Labor Department releases February payrolls data tomorrow. European Central Bank President Mario Draghi signaled that deflation risks in the euro region are easing.
“Investors might be getting a bit more comfortable,” Kevin Caron, a Florham Park, New Jersey-based market strategist at Stifel Nicolaus & Co., which oversees about $160 billion, said in a telephone interview today. “If data start to stabilize, that’s going to be good for overall demand, and that’s obviously a good thing for emerging markets.”
The iShares MSCI Emerging Markets Index exchange-traded fund advanced 1.4 percent to $40.03. The premium investors demand to own emerging-market debt over U.S. Treasuries dropped 0.05 percentage point to 310 basis points, according to JPMorgan Chase & Co.
…
Most Chinese Stocks Fall as Investors Assess NPC, Chaori
By Weiyi Lim Mar 7, 2014 12:09 AM PT
Most Chinese stocks fell as investors weighed the implications of Shanghai Chaori Solar Energy Science & Technology Co.’s bond default and prospects for economic reforms at the National People’s Congress.
Poly Real Estate Group Co. slid 1.4 percent to drag down a gauge of property developers. Haitong Securities Co. paced losses for brokerages after profit dropped last month. Xiamen Tungsten Co. surged 10 percent to lead gains for material producers. China Petroleum & Chemical Corp. (386), the refiner known as Sinopec, jumped 2.5 percent after Premier Li Keqiang reiterated this week at the National People’s Congress that China would allow non-state capital in oil and power projects.
The Shanghai Composite Index (SHCOMP) fell 0.1 percent to 2,057.91 at the close, as two stocks slid for every one that rose before the release of trade and inflation data this weekend. Investors are anticipating policies to help the economy move toward services and consumer spending, and away from the credit-driven construction that spurred growth in the past decade.
“There isn’t any exceeding of expectations from what has been announced at the meetings and the positives have been priced in the past few days,” Zhang Haidong, an analyst at Tebon Securities Co., said in Shanghai. “Investors are returning their focus to economic growth and the outlook for IPOs after the meeting.”
The Shanghai Composite climbed 0.1 percent this week, the first gain in three weeks. It has dropped 2.7 percent this year amid concern the resumption of new share offerings will divert funds and economic expansion will ease as banks tame lending.
…
I’m off by less than 2% on my Vanguard emerging markets fund. Doesn’t seem to be a crisis to me.
stay the course!
Which Vanguard Emerging Market fund are you in, Bill?
Sorry, long day. It is VEMAX.
EMERGING MARKETS-Stocks, currencies stabilize after Ukraine worries
Wed Mar 5, 2014 2:05pm EST
By Walter Brandimarte and Natsuko Waki
RIO DE JANEIRO/LONDON, March 5 (Reuters) - Emerging markets
steadied on Wednesday as the United States and Russia held talks
on Ukraine, at least temporarily easing East-West tensions that
prompted a selloff in global markets earlier this week.
Investors were cautious, however, over the outcome of a
face-to-face meeting between U.S. Secretary of State John Kerry
and Russian Foreign Minister Sergei Lavrov in Paris and
following weaker-than-expected private sector employment data in
the United States.
Concern about the Chinese economy also drove iron ore prices
to a eight-month low, causing shares of Brazilian miner Vale
to drop nearly 3 percent and weighing on Brazil’s
benchmark Bovespa stock index.
While most markets were able to shrug off the U.S. data on
hopes it was just a temporary weather-related issue, anxiety
about Ukraine lingered, curbing larger gains in the broader MSCI
index for emerging market stocks, which traded 0.4 percent
higher.
Investors wondered whether Western powers will succeed in
persuading Moscow to pull its forces back in Crimea, a strategy
to reduce risk of a possible war that has unnerved global
markets.
“Investors are still nervous. (Russian President Vladimir)
Putin has left all his options open,” said Thu Lan Nguyen,
emerging market strategist at Commerzbank in Frankfurt.
“Investors are worried about an economic impact if the West were
to decide on economic sanctions.”
…
Finance
Pimco’s Bill Gross: I’m so Sick of Mohamed El-Erian Trying to Undermine me
By Shane Croucher March 7, 2014 09:14 AM
Bill Gross has lashed out in a stunning attack against his former Pimco protégé Mohamed El-Erian who quit the world’s largest bond fund in a shock February exit.
Gross, Pimco co-founder and co-chief investment officer, claims he has “evidence” that El-Erian was the source behind a revelatory Wall Street Journal (WSJ) story that lifted the lid on a fraught working relationship between the two men.
When El-Erian left his chief executive and co-chief investment officer roles at Pimco, he gave no public reason.
“I’m so sick of Mohamed trying to undermine me,” Gross told Reuters in an interview.
When the news agency challenged Gross to produce the evidence, Gross reportedly said it was “on [El-Erian's] side”.
“Great, he’s got you, too, wrapped around his charming right finger,” Gross said.
In a statement to Reuters, Pimco said Gross “did not make the statements Reuters attributes to him”.
Back in February when El-Erian quit, Gross had described his right-hand man as “a great leader, business builder and thought leader for Pimco and our clients”.
But according to the WSJ, the two men clashed at Pimco’s office in Newport Beach, California.
“I have a 41-year track record of investing excellence – what do you have?” Gross asked El-Erian during one heated exchange, two witnesses told WSJ.
El-Erian replied that he was “tired of cleaning up your s**t”.
…
It’s proven again. Muslims and Jews just can’t get along.
It’s commendable that they even tried.
It’s class warfare in the United States of America, and the rich are absolutely slaughtering the poor.
nonsense. according to some of the 0.01%, the poor are gonna launch the next kristallnacht any day now…
http://www.gocomics.com/tomthedancingbug/2014/01/31
Silly me, I thought the poor were too busy eating ObamaCheetos and chatting about the Kardashians on their Obamaphones to get off their #*@#$$ and get a *%*@$ job.
“Those occupiers need to occupy a shower and get a job!”
http://m.dailykos.com/story/2011/11/02/1032550/-Chicago-Board-of-Trade-Dumps-McDonalds-Employment-Applications-on-Occupy-Chicago-Protesters
“They should have majored in STEM if they didn’t want to grow up to be such broke @ss loosers. Anybody who didn’t major in STEM should just kill themselves now.” — template for online Wall Street Journal article comments
Harsh G.S. But funny!
I’m not making this up.
I majored in liberal arts as an undergrad, didn’t make much money in my early 20’s, so I went to grad school to get a real degree, and as cheaply as possible. Took everything I could at community college (paying for that out of pocket) and then transferred into a grad program and got four semesters of tuition waiver and stipend for working as a graduate research assistant.
The Wall Street Journal article commenters assume that everyone else could have the opportunity I did, and conveniently overlook that the kids graduating college in 2008 or later were graduating into the worst jobs depression in seven decades.
Just because they majored in STEM back when college was less than $1000 a semester and never once made a wrong decision in their entire lives, they chime in on the comments section of any article about student loan debt to tell the world how enlightened and wonderful they are.
Just because they majored in STEM back when college was less than $1000 a semester and never once made a wrong decision in their entire lives, they chime in on the comments section of any article about student loan debt to tell the world how enlightened and wonderful they are.
I had a full ride scholarship back in the day. Meanwhile, back in the present, my kids, who all got better SAT/ACT scores than I did, got tiny scholarships.
My parents paid for undergraduate tuition at Football Factory State University. From the time my oldest sibling started there to when I graduated 12 years later, undergraduate tuition doubled.
My community college transfer credits cost about $75 a quarter hour ($112.50 a semester hour), graduate school tuition was about $450 a semester hour.
“…12 years later, undergraduate tuition doubled.”
That was about right back in the day and rule of 72, IIRC.
Football Factory State University.
Good one…
Just because they majored in STEM back when college was less than $1000 a semester and never once made a wrong decision in their entire lives…
That’s part of their dopey right wing anger. They want other people to pay for any bad decisions they made.
“They should have majored in STEM
STEM is fine, but if it’s the only game in town, the world is going to be as boring and as “BraveNewWorld” as anyone can imagine.
STEM’s academic basis is different than what’s been valued,and needed (as far as the majority of studies) for 1,000 years.
And now STEM is all that’s mostly valued going forward? Fine. In 30 years, a Liberal Arts major will rule as they have.
Not up for yesterdays challenge eh Mz.Craterton?
Awww, what’s the matter, Mr. Misogynist? Are the wimmenfolk ignoring you?
Every day is challenge with you.
Poor abused knitters.
“When the Tea Party rallied in D.C. they left it cleaner than when they got there!”
http://www.dailymail.co.uk/news/article-2046586/Occupy-Wall-Street-Shocking-photos-protester-defecating-POLICE-CAR.html
The 0.1%ers don’t give a sh*t about the Tea Party, now that their initial anti-bailout narrative has been muted by astroturf. They are useful idiots (just like Obama and Hillary voters who will ensure total control by the 0.1% until 2024 and beyond) led to believe that they too will one day boot strap themselves into the 0.1%.
The models are now proven.
We should redistribute 50% more wealth to the rich, so 30% more wtrickles down to us.
You do realize that as our government has grown to immense proportions, that divide has increased dramatically?
The impression I get is that the PTB are squeezing workers more, reducing jobs, and increasing their own profit. And as long as politicians continue to get their cut, they’ll do little but bloviate about it.
Ukraine needs $15 large, as in billion. Rinat Akhmetov, a Ukrainian oligarch, just so happens to be worth $15B. EU leaders are discussing a $15B bailout package for Ukraine, most certainly funded in the long term by the labors of hard working people. Meanwhile, Akhmetov and his $15B, essentially stolen from the people of the Ukraine and consequently exactly the amount of money they need immediately, will be awarded a political position and have a hand in shaping policy. Methinks Akhmetov needs a ride on the guillotine in the worst possible way. BRING BACK THE GUILLOTINE.
“BRING BACK THE GUILLOTINE”
You’re being too kind.
BTW, have you contacted your representative or Senator to object to the State Department’s little coup in Ukraine? And the subsequent installed government? Yats!
See, here’s the thing. Putin’s going to do what he wants to do, despite hypocritical bluster from the US, EU or whoever. I’m sure the Obama regime would like to have their own little war, after all, Bush’s sloppy seconds just ain’t cuttin’ it. BUT the public outcry regarding Syria stopped that little military adventure. And the same could stop our involvement in Ukraine.
BUT the public outcry regarding Syria stopped that little military adventure.
Putin’s Syria deal did as much as our public outcry imo.
Russia Celebrates a Triumph for Putin After Clinching Syria Deal …
world.time.com/…/russia-celebrates-a-triumph-for-putin-after-clinching-s…
Sep 16, 2013 - Russia’s President Vladimir Putin and his aide Yuri Ushakov attend a session of Shanghai Cooperation Organization summit, in Bishkek, …
Well, thanks a lot for being a Debbie Downer. And here I thought my phone call to my representative stopped the conflict, lol!
There was no political support from voters for American Adventurism/Colonialism in Syria. In fact, there was a significant amount of opposition and Democrats are already concerned about the coming mid-terms with Obamacare fallout front and center.
It was a non-starter…
Ukraine needs $15 large, as in billion. Rinat Akhmetov, a Ukrainian oligarch, just so happens to be worth $15B
Ukraine needs to create more $15 billion dollar oligarchs in order to create some jobs.
They better hire bernaQE. Heard he is unemployed these days.
“Heard he is unemployed these days.”
Now he can make some real moola; f**k the blind trust.
Yeah at only $250K a speaking engagement, he is gonna go broke fast!
“If you have to borrow for 15 or 30 years, it’s not affordable nor can you afford it.”
And by that logic, if you can’t pre-pay your lease for the next 15 or 30 years, you can’t afford to rent, right?
You’re just sour grapes because this housing recovery has passed you by.
Why buy it when you can rent it for half the monthly cost?
Renting a home mortgage from a bank will never feel like real wealth.
More sour grapes priced out forever in San Diego.
“More sour grapes priced out forever in San Diego.”
There’s a So California guy who surfs the waves and dines on SNAP lobster as the sun sets. I’m sure he’d appreciate an enthusiastic tickle. No hoax.
True H.A.
No debt is good debt.
“If you have to borrow for 15 or 30 years, it’s not affordable nor can you afford it.”
If you can’t pay for it in 10-yrs then you bought too much house, IMHO.
….. 10 years is pushing it. More accurately, if you can’t repay what you borrowed in 7 years, you paid too much regardless of ‘how much house’.
Blackouts and Worse: Dems Policies Killing New England
What happens when you start shutting down coal fired plants, nuclear powered plants and you haven’t built a natural gas pipeline to your natural gas fired plants?
“New England’s energy mess stems from its overreliance on natural gas and an insufficient transportation network to carry the fuel. Just like the Aristotelian axiom of A=A, liberals are now learning they are not immune to the law of supply and demand.”
See Real Clear Energy for the whole article.
The enviro-libtards have been demonstrating in front of a local coal-fired power plant they want shut down. They need not have bothered as the local communities received notice that the power company would be shutting it down due to EPA air-pollution regulations being too expensive for that particular plant to continue to operate.
Idiots also killed an LNG terminal in the same vicinity due mostly to NIMBYism and “terrorism/public safety” concerns hitting property values. Expect the heat and electric bills to skyrocket in the near future…
Everyone wants cheap energy, but they don’t want to pay the costs associated with it.
“Everyone wants cheap energy, but they don’t want to pay the costs associated with it”. AlGore 2001
IMO this is customer service at its best:
http://www.youtube.com/watch?v/qdFLPn30dvQ
Note: The customers are the ones who come to me and willingly get in line in order to receive this service.
Who am I to deny what, deep down, the customer really wants?
Make that:
http://www.youtube.com/watch?v=qdFLPn30dvQ
Buy high, sell higher ‘Murica! :
http://www.bloomberg.com/news/2014-03-06/household-worth-in-u-s-rose-by-2-95-trillion-in-fourth-quarter.html
Of the 1%, by the 1%, for the 1%.
And Marie Antoinette didn’t get it either.
‘And Marie Antoinette didn’t get it either.’
Don’t mess with the krill.
So, I am working tonight until 9pm, so I flex my hours — take the kids to school, then come home to chill for a few hours.
Today is trash day, and I only set out one can. When I got back, both cans were out. My neighbor had put his chit in my second can. I guess he’s hasn’t paid his bill.
Now I’m wondering about my extra-high water bill and if he hooked up to my spigot. Lovely.
I guess my next call will be to the Sheriff.
Set up security cameras and catch him in the act, then provide the evidence to police…
I guess my next call will be to the Sheriff.
First ask him if he’d like to go in halfsies with you for trash pickup.
I used to do that with neighbors because I had no kids and could no way fill up one of those big, wheeled bins the Trash Co gives you
Do what Jim Carrey did in “Me, Myself, and Irene.”
Return of the HELOC:
“Home-equity lending surpassed 2009 levels in 2013, with $111 billion in new home equity lines of credit (HELOCs) opened. In the fourth quarter, new lending increased 43% from quarter four 2012″
http://www.marketwatch.com/story/helocs-made-a-comeback-in-2013-2014-03-07?dist=beforebell
…. all to build an even larger housing collapse. And then there is this;
“WAVE OF EQUITY CREDIT RESETS SPELLS TROUBLE”
http://www.utsandiego.com/news/2013/nov/10/tp-wave-of-equity-credit-resets-spells-trouble/
Hey GS, you see my post above about household wealth upticked? I fight the biased thinking that high equity prices = everyone must be doing well. Doesn’t work out like that at all.
“I fight”
Now that’s just class warfare.
“Now that’s just class warfare.”
You’ve got to just love all the sniveling amongst the elites as they bemoan “we don’t want a class war” whilst dropping the equivalent of a nuclear bomb on the middle and lower class.
‘wayne lapierre, the nra’s executive vice president, aimed squarely for the media in his speech to the conservative political action conference on thursday, saying government and media elites were teaming up to lie to americans.
to the crowd’s applause, lapierre derided pseudo-journalists. ‘here’s how you know the media’s lying: they still call themselves journalists,’ he said.
http://www.politico.com/blogs/media/2014/03/nras-lapierre-bashes-media-elites-184663.html?hp=l7
Wayne Lapierre…saying government and media elites were teaming up to lie to americans about sub-human mongrels.
Ted Nugent has nothing to do with this. But thanks for playing.
Ted Nugent has nothing to do with this
Unless you think about it. Many hypocritical connections can easily be drawn. Here are just two. (or three)
Now it’s all entertainment, ratings, personal celebrity, the next sensational story and the deliberate spinning and purposeful use of words and language, truth be damned, to advance their own agenda.”
Wayne Lapierre in the speech you posted
Better stick with the New York Times and Washington Post to let the “real journalists” construct the narrative.
Private Equity firms control a huge % of this country’s food supply chain… from BigAgra to the supermarkets themselves.
Cerberus will be buying Safeway and plans to merge it with Albertson’s, which it bought exactly a year ago. Cerberus also already owns numerous other chains.
—————
http://www.npr.org/blogs/thetwo-way/2014/03/06/286935900/grocery-chains-safeway-and-albertsons-announce-merger-deal
“Last March, Cerberus led a investment group that acquired about 900 Albertsons, Acme, Jewel-Osco , Shaw’s and Star Market stores from Supervalu. That deal, which included a stake in Supervalu, was worth about $3.3 billion. Cerberus earlier acquired about 600 Albertsons supermarkets.”
“It also sought to buy the Harris Teeter chain, but was outbid by Kroger, the nation’s largest supermarket operator, which paid about $2.5 billion.”
“Safeway acknowledged buyout interest Feb. 18, saying management was in ‘discussions concerning a possible transaction involving the sale of the company.’ At the time, Safeway did not disclose suitors.”
Downlow Joe has entered the building.
Liberace!
Does anyone else have the urge to knit the names of these “private equity firms” into their scarves?
Oh noes.
Chicagoland is still reeling from the closing of Dominick’s supermarkets, which were doing OK until Safeway bought them and ran them into the ground.
Jewel (”Leave? We’d NEVER leave this town!” is how their current ad campaign starts) is now the sole traditional supermarket chain left around here. And if Cerberus buys them, Jewel may be the next endangered grocery store chain.
you’ll never get into onwentsia.
The end game of Capitalism is Monopoly/or well managed oligopoly.
There can be only one.
As with Cable you will soon have a couple places to buy food and prices will be much higher.
In my neck of the woods we have four choices:
1) Safeway - priciest
2) Albertsons - also pricey
3) King Soopers (Kroger) - cheaper
4) Walmart/Sams Club - cheapest
Safeway/Albertson’s merging won’t have much of an effect out here. Their stores are small and usually quite empty.
You’ll probably have an Aldi soon. They’re expanding in the US pretty rapidly. They also out-competed Walmart’s attempts at moving into continental Europe, particularly in Germany. (Some of that may have to do with Walmart’s cost-cutting model not translating well to countries that don’t share the mindset of cost-driven US consumers.)
“The end game of Capitalism is Monopoly/or well managed oligopoly.”
No ka-bar abortion a la mistress Ceaușescu?
These conglomerates / holding companies (I call them “pythons” as they swallow up other companies) add another layer of people who need to be paid. And the salaries of the new topmost layer are quite high. They’ve gotta cut costs somewhere and it’s often employees farther down the food chain.
These beasts are a curious evolution in the business world.
Foreclosure Reveals Victim
http://www.nbc-2.com/story/24912668/womans-auto-payments-hid-her-death-for-six-years
I’ve been called a back seat driver, but what’s up with this?
body was sitting in the backseat of her car, parked in the garage. The key was halfway in the ignition.
Creepy, huh? It would look like suicide if the key as “all the way” in the igintion.
* Warning * 2A-related post, so ignore if you’re so inclined.
Many may not know this, but in the wake of the Sandy Hook tragedy, politicians passed draconian gun laws banning the sale or possession of “assault weapons” and “high-capacity magazines”. The new law required registration of these now banned items in cases where owners had possession of them prior to the law going into effect.
There has been significant outcry from the gun community over registration and confiscation of legally-owned (prior to the law) firearms and the majority of gun owners in the state of CT followed the course of civil disobedience and did not register.
Support for the actions of gun owners in CT has been national, from Youtube videos from TX gun owners showing support to calls for organized resistance when confiscation occurs.
The following letter was emailed to every member of the CT State Police by a vocal 2A supporter:
An Open Letter to the Men and Women of the CT State Police
Here is some of the fallout of that letter, which is being taken very seriously by the rank and file of law enforcement.
The elites in CT are crapping themselves, demanding armed protective details and such. The rank and file LEO want no part in enforcing confiscation as they know their lives are on the line.
To the libtard trolls who frequent this blog: keep pushing your unconstitutional, globalist, gun-grabbing agenda and you will end up on a list you don’t want to be on. Ignore history, American or otherwise, at your own peril.
Infowars reporting today that Russia is halting ammo exports to U.S.S.A.
Got 7.62×39?
I sold the Romanian 47 and replaced it with an Arsenal SGL-31 AK-74 in 5.45×39. That caliber is current-issue for Russian military and has recoil, ballistics and accuracy similar to 5.56, but considerably cheaper.
I’m picking up another couple thousand rounds this weekend. It runs about $220/1080 rounds of corrosive stuff. Cheap enough, but you have to clean your rifle after shooting it, as the corrosive primer will rust anything not chromed (gas tube, bolt, bolt rails, etc). Non-corrosive is a little more expensive and much rarer.
Here’s hoping the Bulgarians and Ukrainians pick up the slack on cheap Soviet-caliber ammo exports…
I’m picking up another couple thousand rounds this weekend.
That’s really gonna save you from the former SEAL cop snipers after you’ve gone off the reservation.
The same PTB that tell us they can’t possibly round up and deport 12 million illegal aliens seem to think they can effectively round up hundreds of millions of guns owned by Americans.
Only possible with the defeatist, statist attitude demonstrated in your badge-licker statement.
Got 7.62×39?
seem to think they can effectively round up hundreds of millions of guns owned by Americans
A sniper aiming at a wacko gone off the reservation is far different than banning new sales of 30 round clips.
Only the same with shallow thinking.
Got 7.62×39?
I can’t say. I have awards and medals in the sport but left the NRA years back.
A sniper aiming at a wacko gone off the reservation is far different than banning new sales of 30 round clips.
Were the founders of this country who fought against the British, their “rightful rulers”, wacko’s gone off the reservation? Was Paul Revere a wacko gone off the reservation? Were the Colonials who fought against the British at Lexington and Concord wackos?
You might want to re-read some history, Comrade. Consider, the British attempted to confiscate and destroy Colonial weapons and supplies leading to the battle of Lexington and Concord… the start of open hostilities between the Colonials and England.
No echo of history is loud in CT today…
Should have been
“The echo of history is loud in CT today”…
No guns needed in Brazil. He just pummels them with mangos.
LOL LolaLOL
Were the founders of this country who fought against the British, their “rightful rulers”, wacko’s gone off the reservation?
No. They were fighting for something much more than 30 round clips in an era where that is pretty much moot.
You bitching about Obama while he protects your right to bitch is priceless. You might want to re-read some history,
ComradeMoron.Consider, the British attempted to confiscate and destroy Colonial weapons and supplies leading to the battle of Lexington and Concord…
Yea. They wanted to regulate AK 47’s in the hands of idiots. You don’t know the history or your country.
Are you kidding? Like you’re a patriot talking as you do. LOL
No guns needed in Brazil….pummels them with mangos
I’m not impressed by you. I think you’re most likely a coward and ignorant because most who speak as you do are. You don’t have the mangos to move to Brazil or a country so different than the country that protects you. Few do. Obama is not here to protect you or me.
You’re full of hot air and protected by the government that you insult. But I’m not protected here and that’s just one reason that I have the b@lls you never will.
And you know it.
“Got 7.62×39?”
http://www.sportsmansguide.com/net/sitemap/ammo-shooting.aspx?d=121 - 138k -
Brown Bear® 1,000 rounds 7.62×39 123 - grain HP Ammo
Buyer’s Club
$262.19
Non-Member $275.99
(5.0) on 1 reviews
* * Quantity:
To the libtard trolls who frequent this blog: keep pushing your unconstitutional, globalist, gun-grabbing agenda and you will end up on a list you don’t want to be on. Ignore history, American or otherwise, at your own peril.
What does this mean? Are you going to track down the actual names of people who post things on this blog that you disagree with and put those names on a list? What are going to do with that list?
What does this mean? Are you going to track down the actual names of people who post things on this blog that you disagree with and put those names on a list? What are going to do with that list?
It’s a warning, not to anyone specifically on this blog, but to those who control and pay the trolls who frequent here. The names and addresses of all the politicians who supported and voted for that CT gun ban and confiscation have already been compiled and released online to anyone who would be interested in such information. Cowards who hide behind men with guns while taking away the inalienable rights of others… as I said, history is not kind to those who ignore its lessons.
Activist makes list of home addresses of CT legislators who voted in favor of gun control
It’s a warning, not to anyone specifically on this blog, but to those who control and pay the trolls who frequent here.
I think that it’s highly unlikely that’s anyone’s paying any of the liberal types who post on this blog. It seems more likely that a big business operation on the right would do such a thing. However, that’s not necessary. There are apparently millions of right wingers who will post on blogs for free.
But your warning provokes more questions. The people who pay the people who post on this blog are getting warned, but not the people who write the the lefty messages themselves. Why is that? Also, who’s going to compile this list? How would they find out who the paymasters are? It doesn’t really make sense.
“What does this mean?”
“Are you going to track down the actual names of people who post things on this blog that you disagree with and put those names on a list?”
“What are going to do with that list?”
I know how Lois Lerner would answer…
“On the advice of my counsel, I respectfully exercise my Fifth Amendment right and decline to answer that question,”
Mike was baiting… not much of an angler though. The fish he wants to catch are smarter than that.
Is it “go time” yet?
Not until Eric Holder gives Obama his Waco.
Hey Lois, Is it “go time” yet?
“On the advice of my counsel, I respectfully exercise my Fifth Amendment right and decline to answer that question,”
Look to CT for that… that state is full of dry kindling waiting for a spark.
“The tank, the B-52, the fighter-bomber, the state-controlled police and military are the weapons of dictatorship. The rifle is the weapon of democracy. Not for nothing was the revolver called an “equalizer.” Egalite implies liberte. And always will. Let us hope our weapons are never needed — but do not forget what the common people of this nation knew when they demanded the Bill of Rights: An armed citizenry is the first defense, the best defense, and the final defense against tyranny”.
Edward Abbey
This +1000.
This +1000.
OK fine but fight for something real too in the 21st century. How about economic justice along with your 30 round mag gun fetish? You guys fighting for the right to own 3 AK47’s while you’re living lower middle-class without fighting for the reason you’re lower middle-class is wasting energy.
Emails show IRS’ Lois Lerner specifically targeted tea party
By Stephen Dinan and Seth McLaughlin
The Washington Times
Thursday, September 12, 2013
Lois G. Lerner, the woman at the center of the Internal Revenue Service scandal over special scrutiny of conservative groups, specifically targeted tea party applications and directed that they be held up in 2011 in order to come up with an agency policy, according to several of Ms. Lerner’s emails released by a House committee Thursday.
In one 2011 email, Ms. Lerner specifically calls the tea party applications for tax-exempt status problematic, which seems to counter Democrats’ arguments that tea party groups weren’t targeted.
“Tea Party Matter very dangerous,” Ms. Lerner wrote in the 2011 email, saying that those applications could end up being the “vehicle to go to court” to get more clarity on a 2010 Supreme Court ruling on campaign finance rules.
http://www.washingtontimes.com/news/2013/sep/12/emails-ois-lerner-specifically-targeted-tea-party/?page=all - 111k
Lois Lerner Pleads the Fifth Again at House Hearing on IRS Scandal
March 5, 2014 - 10:05 AM
By Melanie Hunter
“On the advice of my counsel, I respectfully exercise my Fifth Amendment right and decline to answer that question,” Lerner said in response to a slew of questions by Chairman Darrell Issa (R-Calif.) regarding the IRS targeting of tea party and conservative groups.
http://cnsnews.com/news/article/melanie-hunter/lois-lerner-pleads-fifth-again-house-hearing-irs-scandal - 46k -
Heading down to the bank in a little bit to see if my loan request for a pirate shop comes through. Wish me luck!
Italian pensioner hires an escort who turns out to be his son’s girlfriend
Antonia Molloy
Friday 07 March 2014
An elderly Italian man got a rather unwelcome surprise when he ordered an escort – and his son’s girlfriend turned up.
The 70-year-old from Treviso, a city in the northern region of Veneto, hired the escort from the neighbouring town of Vicenza.
But to his shock, it was his 40-year-old son’s South American girlfriend who arrived at his house, The Local reported, citing Italian newspaper Il Gazzettino.
Red-faced, the pair declined to take the encounter further and swiftly parted ways.
The man pondered whether to tell his son that the woman was not the waitress she had claimed to be, as it would mean exposing his use of the escort service.
But he decided honesty was the best policy, prompting a bitter fight between the pair.
The incident, which happened four years ago, came to light recently during a court hearing, after the son decided to sue his father for injuries.
However, the hearing was postponed by the judge after unsuccessful attempts to get the pair to make amends.
http://www.independent.co.uk/news/world/europe/italian-pensioner-hires-an-escort-who-turns-out-to-be-his-sons-girlfriend-9176530.html - 225k -
I hope he tipped her well.
Denver Post - Denver home sales take a big dip in February:
“A fifth fewer homes were sold in metro Denver in February than in January, according to a report Friday from Metrolist.
In February, sales closed on 2,645 homes, a 21 percent decline from the 3,342 properties that closed in January, according to Metrolist.
The average price of a home sold fell from $302,252 in January to $294,565 in February, a decline of 3 percent, the report said.”
KEEF no kare bout no housin bubbble:
http://homes.yahoo.com/blogs/spaces/keith-richards-buys-marked-down-nyc-penthouse-024804146.html
$3,888 per SF. HA will not be happy…..Ha, ha, ha!
Put an estimate together J.Fraud. Let’s see it “general contractor”. lolz
Was expecting a bad play on “Gimme Shelter” somewhere in the article. Glad it disappointed.
Dang if i could only love mindless trash music……
http://homes.yahoo.com/news/dj-aviicis-insane-mansion-d-c-cutest-condo-140004439.html
WhattaApp:
http://www.myfoxphoenix.com/story/24911775/taxis-limos-upset-over-rules-for-tech-competition
The Mall Is Dead, And It’s Taking Sbarro With It
http://www.huffingtonpost.com/2014/03/07/sbarro-bankruptcy_n_4913475.html
“Americans looking for a quick bite are increasingly more interested in custom-made dishes with fresh ingredients than a pizza slice sweating under a heat lamp.”
^^ This
So many selling out….
http://www.licnyc.com/
Long Island City’s Giant 421-Unit Tower Gets Jazzy Terraces
http://www.multihousingnews.com/news/long-island-city-condos-sell-out-in-less-than-year/1004098855.html
Luxury TF Cornerstone Condo in L.I.C. Reaches Full Occupancy
http://www.multihousingnews.com/news/northeast/luxury-tf-cornerstone-condo-in-l-i-c-sells-out/1004097334.html