Bits Bucket for March 12, 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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martin armstrong-
“There are talks going on in Europe on how to deal with the massive banking failure in Europe. Of course, nobody wants to admit that the cause of this failure was not risky banking – but the BRAIN-DEAD political design of the Euro.”
The euro was the elites 1990’s attempt at fully socializing Europe. Germans traded their strong francs in for weak euro’s simply to lift the strength of weaker currencies (portugal, italy, spain).
“strong francs”
marks?
oopz
marks?
the gist of what he’s saying is correct.
most germans don’t understand the heavy price they’re paying. even fewer understand that the weak sister’s economies are also being damaged by the euro. it’s distorting markets all over europe.
“the gist of what he’s saying is correct.”
+1 Agreed.
“most germans don’t understand the heavy price they’re paying.”
The unification was really, really expensive. They know.
The unification was really, really expensive. They know.
lost my internet connection or i would have answered you sooner.
not ‘was’, ‘is’ and is continuing. this isn’t over by a long shot. they know they’ve been hurt, but they don’t understand how much, and in how many ways. and on a smaller scale, it affects the whole world.
the hoped for euro effect was never going to happen. they thought if they combined their currencies into one, they’d have a stronger currency than the dollar, or at least par. but it was impossible. currencies don’t work like that. instead, they damaged their own economies. the best thing for all of them to do would be to go back to their own currencies. even the weaker countries.
truth is that we’re damaging our own economy and most countries in the world are doing the same thing. that means that nearly every currency will lose value at varying rates.
norway has learned a big lesson, but if enough people lose their trust in fiats, everyone’s currency could crumble. no currency will work if it’s not trusted.
Germans. Conquest by spear. Conquest by religion. Conquest by mortar. Conquest by lending. They just keep on ticking.
They just feel they are superior. I got a bad reaction once from an aggressive German coworker. I suggested that the blondes were the offspring of conquest by Viking (my people). LOL. Fireworks.
Too bad they eventually became debt donkeys themselves in the bubble.
“If you have to borrow for 15 or 30 years, it’s not affordable nor can you afford it.”
Bingo.
Despite sequestration. Despite the DoD drawdown. Regardless, demand signals for housing still going strong in NOVA. There was a micro-period of a couple of weeks in Feb where asking slipped down about $20K vs. trend for $430K houses. They were appearing at $410. Now it’s back up to $430. There’s a frickin’ TH in Herndon that just went on for $450. Nothin’ special. I hope the seller and his real-t-whore choke on it.
To Ethan from Norfolk intending to come to NOVA - take your time in getting into any kind of contract! Live in a rented room from CL, store your stuff! (Local storage is $220/mo or so. If you go to Winchester, it’s $90/mo.) The DoD drawdown levers 1:20 on the civilian population - every DoD person thrown to the wolves directly or indirectly chokes off a 20-civilian project and support entourage. That effect will play out prior to the close of this fiscal year.
On a lighter note, there is life beyond software engineering in the area! In my inbox this morning, from NOVA Makers (a group of people who make engineered systems as a hobby), this announcement: “Nova Labs UAV Team to Stop Rhino Poaching: Kickoff meeting – NOVA Makers”. The meetup is after work on March 20th.
“Despite the DoD drawdown. Regardless, demand signals for housing still going strong in NOVA.”
Sit tight because the trend reversal occurred last fall. Demand is down MoM and QoQ. YoY declines will materialize in Sept.
Keep in mind that you also have falling prices in and around DC.
http://www.politico.com/2013-election/results/house/florida/
Democrats lose despite:
1. Seriously out spending the Republicans in the race
2. Having environmental groups run ads on CAGW, that is their national strategy in 2014.
3. Having a more politically experienced candidate, she almost beat Scott for the governorship.
4. Having a libertarian in the race that received almost 5% of the vote. While libertarian do draw from both sides, they usually draw more from the Republicans.
5. Being up 7 points in the polls a month ago and three points just going into the election according to independent polls.
Just one issue made the difference: Obamacare the rock tied around the Democrats neck that is going to Sink them, in the fall elections.
Looks like an early and busy day, I guess I will just have to read the comments tonight.
Well, Jane, with all the news whores in Washington, they likely felt it politically expedient to talk up “sequestration” as an important, earth-shattering event. What a crock.
Only the most gullible of this nation’s John Q Public thought much of it. Most barely could manage a rolling of the eyes.
oh fooey. I thought we were actually going to start leaning down BigGov. Rats.
Fwiw - my girl friend from the trenches skedaddled from that consulting/staff augmentation firm that went private three years ago, right before it happened and right before said firm canned 700 people. She changed hats and became a fed at HHS. You may imagine the ribbing she’s endured from yours truly.
She reports seeing a ton of pressure on the 50-55 cohort that’s none too subtle. Seems FedGov is the only place in recent memory who’s actually backfilling empty slots with Gen X’ers. The great heave-ho is flying the sequestration flag.
She reports a ton of new faces in the CIO shop - crony hiring. Not to put too fine a point on it, if we assign a weight of 100 lbs to each new hire, that particular organization has hired 5.5 tons’ worth. She can tell they’re cronies because they all come in as GS-15s and they don’t have a clue, technically, about that for which they have been hired. In this particular organization, and in every civilian fedgov org with which I have dealt, the inmates are partying it up in the asylum. My friend is ticked because she actually had to work up to it.
Not in my section of gov. We are shifting staff to do the same jobs with younger people at lower GS.
She can tell they’re cronies because they all come in as GS-15s and they don’t have a clue, technically, about that for which they have been hired.”
the ton of hiring are they older workers 50-55 years ? or are the old workers pissed at young GS-15’s being hired that don’t have a clue ?
The new 15s are in their 30s. According to the report. Which - lacking nose-and-bellybutton levels of detail - I have to treat as hearsay. Drat that grounding in scientific method.
NeoCons and Progressives alike are hoping that the La Nina predicted to take root this summer especially strong so as to rest on the Global Climate Change angle this coming fall.
Boy, are they hoping for it!
There was supposed to be an La Nina in 2012, but it fizzled out.
Our global scientists can’t even predict cyclic La Nina/El Ninjo accurately. They’ve also were highly inaccurate in predicting this winter’s weather and last summer’s hurricane system.
They aren’t getting much correct these days. Doesn’t much matter In the eyes of your typical NeoCon-Progressive Party member.
“Our global scientists can’t even predict cyclic La Nina/El Ninjo accurately.
Yes, obviously they’re incompetent. Sheesh. Of course they can’t predict an El Nino or La Nina. They can look at data and extrapolate, look for signs that they might be forming and for signs that they will form and, based on computer models, give us a percentage chance that it will form. There’s a huge margin of error there.
I’m consistently amazed at the relative accuracy of our atmospheric scientists, compared to 20 years ago.
“They’ve also were highly inaccurate in predicting this winter’s weather and last summer’s hurricane system.”
Well, they got the west right. As for the rest of the country, I can just picture the long range forecast last fall: There is a high degree of certainty that we will see extended record cold temps for the duration of the winter”. It don’t work that way, as mother nature will continue to remind us. If extreme anomalies were easy to predict, they probably wouldn’t be called extreme.anomalies.
Thanks for the analysis! I would not have had the time or bandwidth to look it up, left to my own devices! Best to you.
http://www.dailymail.co.uk/news/article-2578645/White-House-STILL-wont-say-Obamacare-enrollees-paid-plans-announces-4-2-million-total-February-just-60-cent-original-goal.html
It’s okay. Whatever they say is a lie anyway.
You don’t say!
“SAN FRANCISCO (RNN) – A massive 5-alarm fire ravaged a partially constructed high-rise apartment in San Francisco near AT&T Field, home of the San Francisco Giants Tuesday.”
http://www.wfla.com/story/24948883/high-rise-building-in-san-francisco-partially-collapses-in-5-alarm-fire
Smoke ‘em if you got ‘em.
Heh, looks like a building in NYC’s Harlem blowed up this morning, too.
Ooopsie, another one of those gas leaks, my, oh, my HOWEVER did THAT happen?
Honey, do you smell gas?
Such a WONDERFUL source of energy. Like playing Russian Roulette.
On the same day that 3 or so people died in that building explosion, 90 died in car accidents and 30 were killed by people with guns and another 50 or so killed themselves with guns.
Russian Roulette indeed.
A relatively safe fuel, so what is your agenda? We should all freeze in the dark so as no one has an accident? Many more houses are destroyed and people fried to death by woodstoves and electric. How about cars? Do you drive one? Do you park it “inside”?
Has anybody seen the plane?
Riverside ,CA +2.1% ONE MONTH +$7,100
http://www.deptofnumbers.com/asking-prices/california/riverside/
LOS ANGELES +0.9% ONE MONTH +$4,500
http://www.deptofnumbers.com/asking-prices/california/los-angeles/
ORANGE COUNTY +1.5 ONE MONTH +$9,100
http://www.deptofnumbers.com/asking-prices/california/orange-county/
SAN DIEGO+3.1% ONE MONTH +$15,000
http://www.deptofnumbers.com/asking-prices/california/san-diego/
SAN FRANCISCO+3.2% ONE MONTH+$20,000
http://www.deptofnumbers.com/asking-prices/california/san-francisco/
SAN JOSE+5.9% ONE MONTH+$39,000
http://www.deptofnumbers.com/asking-prices/california/san-jose/
SACRAMENTO+6.6% ONE MONTH +$19,100
http://www.deptofnumbers.com/asking-prices/california/sacramento/
Drone got it?
Target practice.
I think Climate Change brought that puppy down.
It’s not Climate Change any more. It’s Extreme Weather. Please try to keep up.
Terrorism cannot be ruled out in missing Malaysia Airlines jet: CIA
World | Agence France Presse |
Updated: March 11, 2014 22:29 IST
CIA Director John Brennan said there had been “some claims of responsibility” over the missing jet that had “not been confirmed or corroborated,” and that he could not exclude the possibility of a terror link.
He provided no further details, but his comment was the first reference by a US official to any alleged claim of responsibility over the jet’s fate.
Brennan, the former counter-terrorism adviser to President Barack Obama, said there were many unanswered questions and it was too early to reach any conclusions about the Malaysia Airlines plane that vanished Saturday with 239 people on board after taking from Kuala Lumpur en route to Beijing.
“We are looking at it very carefully,” he said. “Clearly this is still a mystery.”
In a rare public speaking appearance, Brennan gave a speech and answered questions at an event in Washington organized by a think tank, the Council on Foreign Relations.
http://www.ndtv.com/article/world/terrorism-cannot-be-ruled-out-in-missing-malaysia-airlines-jet-cia-494471 - 65k
If it wasn’t for the tragedy of all the lives lost, the Keystone Kops like inability and incompetence to find the airliner’s wreckage is borderline comical.
You got that right. Gee, all that satellite and other tracking technology and a plane disappears without a trace? Sum ting wong.
LOL….
the latest is that none of the US spy satellites picked up any explosions.
The plane has vanished into thin air. Poof!
Future material for “documentaries” on the Learning Channel.
Ask Rod Serling, he knows.
Did Obamacare sink Alex Sink in Florida? I wonder. Forbes Magazine seems to think it was global warming alarmism, but I never saw any of those commercials.
Close race between her and David Jolly, who didn’t have the name recognition and yet he won. Republicans will now crow smugly about their “victory” and hail it as a portent of things to come, but not so fast. If I were them, I’d be looking at the 4% that went to the libertarian candidate, given the fact that the race was so close. Third party candidates could really screw it up for the pubs more than the dems.
And what will the pubs do about this? It’s so predictable. Instead of trying to bring these folks into the tent and throwing them a bone or two, they’ll go on the attack, backed by the US Chamber of Commerce. And this will lead, once again, to their defeat. Gun, meet foot.
Gotta love campaign consultants. They’re the real winners.
The Neocons - being closely aligned with Progressives - will purposefully help Democrats win.
We’ve crossed this bridge on this board several times already. Guess the number of times has yet to reach 30.
One thing the pubs have become expert at is snatching defeat from the jaws of victory. Bunch of dangerous buffoons.
“Victory” in the eyes of a good many republicans is big government. Hence, they didn’t snatch defeat.
Guess I haven’t been posting enough lately.
Fair enough. But call it what it is: “Neo-Liberalism”.
“The Neocons - being closely aligned with Progressives”
You keep pushing this meme. You are the ONLY one who keeps pushing this meme. Which “neoconservatives” are you talking about who are “aligned” with Dems/Progressives? Near as I can tell from the Wiki article, the term “neocon” has been thrown around so many different groups as to have lost all meaning.
Indeed, how many GOP’ers toe Obama’s line?
That’s for public consumption. Do you think there’s a big difference between Obama and Bush on major issues?
Who voted for Obama care???
“Who voted for Obama care???”
Apparently just enough to pass it, and not enough to end the partisan distraction.
My understanding of the Wiki article is this: the original neocons (early 1970’s) were the “liberals mugged by reality.” That is, libs who became more conservative as they got older and richer and wanted to protect their pile. Example: Moynihan and Kirkpatrick, and Kristol senior. Later on, younger conservatives joined the group. These guys were not disillusioned liberals; they just joined the group to trash liberalism. The “younger” crowd had familiar names like young Kristol junior, Wolfowitz, Feith, Perle, Bush junior. They organized the AEI, Heritage Foundation, and stampeded into Iraq. Of course, these younger guys are old now, and the original neocons are even older (i.e. dead).
So, MacBeth, which neocons are aligned with Dems/Libs/Greens? Surely not the new-type necons, i.e. the Bush cabal. If you mean the old definition of disallusioned Dems — well, that’s not really possible. You can’t be disillusioned with Dems and aligned with Dems at the same time.
The only true warhawk=progressive I can think of is Teddy Roosevelt himself.
At least tell us where you got the “neocon = progressive” meme so I can figure this out.
Preoccupation with labels. Distraction from reality.
With collapsing demand and 5 mil vacant homes like someone suggests here why are these guys busting dirt particularly in a hard hit area like Sac ??
http://cl.exct.net/?ju=fe601c74746c017f7715&ls=fe1b1d777d6c017e741275&m=fefc1172766306&l=fed1157376640678&s=fe35157277640d7d711074&jb=ffcf14&t=
Because that’s what dumb.borrowed.money does.
What happened to ignore?
WaPo headline today: “Plan Shaping Up For Mortgage Giants”
Great, now that they’re making money (billions of profits last year) they will be sold off.
I just found the online version:
————
http://www.washingtonpost.com/business/economy/fannie-mae-freddie-mac-dismantlement-plan-is-outlined-by-sens-tim-johnson-mike-crapo/2014/03/11/387e696a-a955-11e3-8599-ce7295b6851c_story.html
Liberace!
check it out yo. you press the button and hot chili comes out of the machine. free with purchase of any 7-eleven grilled product, or only $0.99 to add hot chili and cheese to any 7-eleven food product:
http://www.picpaste.com/IMG_20140312_060337_721-1QLZSeOG.jpg
I’m there dude.
These nachos rule.
I’m there dude.
Me too!
A new article from Amy Hoax, continuing to do God’s work…
——————————————
http://www.marketwatch.com/story/how-to-get-the-best-deal-buying-a-new-house-2014-03-10?link=MW_story_popular
1. Sooner is better
Of course, you should make sure that you focus on a home that fits your needs, with access to the school districts or other amenities you desire, Fleming said. But once you’ve done that, decided how much you can afford and found the place you want to buy, make a move — and quickly.
“Sooner is better than later because interest rates will probably rise this year and house prices will rise some more,” he said. So start soon. “If you’re thinking about doing it this year, do it early.”
That’s Sandy for ya.
because those who dare to expose the statist agenda must be silenced:
http://www.infowars.com/gun-activist-who-exposed-bang-your-door-down-cop-receives-threats/
Not sure why you lump Bloomberg in with Feinstein. Bloomberg earned his billions and was a great mayor of NYC. You don’t have to agree with all his views, but he’s no Feinstein.
http://mayorsagainstillegalguns.org/
The name implies a pretty non-controversial organization.
“The name implies a pretty non-controversial organization”
As does “National Socialist Workers Party”
Mayors Against Illegal Guns = Mayors Making Legal Guns Illegal
This is why people don’t believe what you say, Joe.
to paraphrase michael savage, ‘coastal elitism is a mental disorder’
The Tea Billies need to understand that the 1% don’t care about their gun rights and would like to see then disarmed.
How many Tea Billies live in Connecticut?
Sorry, the Guns = Tea Billies meme doesn’t apply. Much to the chagrin of you and Joe.
Take away guns and you rile up tens of millions of liberals, too. That you don’t know it, or you don’t admit it (either or both) is telling.
IMO, its not about guns…Its about the type of guns…
Sorry, the Guns = Tea Billies meme doesn’t apply. Much to the chagrin of you and Joe.
Use whatever label you want. Does this work for you?
“Gun owners need to understand that the 1% don’t care about their gun rights and would like to see then disarmed.”
And as far as the 1% is concerned, all gun rights people are tea-billies.
because when seconds count, the police are only minutes away!
IMO, its not about guns…Its about the type of guns…
Those with bullets.
because those who dare to expose the statist agenda must be silenced:
http://www.infowars.com/gun-activist-who-exposed-bang-your-door-down-cop-receives-threats/
So are cops “liberal” or “conservative”. Does it even matter?
Rogue L.A. cop Chris Dorner was a sloberring Obama lover. And he was a black man. One would think that would grant an automatic “get out of jail free card” (due to the historical legacy of institutional white racism), but once he decided to take on the statists, it was Game On.
Constitutional protection for me, but not for thee:
“Feinstein desribed the escalating conflict as a “defining moment” for Congress’s role in overseeing the nation’s intelligence agencies and cited “grave concerns” that the CIA had “violated the separation-of-powers principles embodied in the United States Constitution.”
http://m.washingtonpost.com/blogs/post-politics/wp/2014/03/11/feinstein-cia-searched-intelligence-committee-computers/
See also:
http://www.theguardian.com/world/2014/mar/11/edward-snowden-dianne-feinstein-hypocrisy-nsa-cia
Feinstein doesn’t like the CIA looking over her insider stock trades.
The trial and execution of Nicolae and Elena Ceausescu:
http://m.youtube.com/watch?v=B8YiIBER9zw
Telegraph UK: Ambrose Pritchard — Bank of England proves there IS such a thing as a free lunch
Interesting trick. The question is whether politicians and the voters can restrain themselves or whether they’ll keep pressing the lever until overdose.
Imperial overreach by the Kenyan-In-Chief:
“Three out of five working-class whites believe “that discrimination against whites has become as big a problem as discrimination against blacks and other minorities.” This view is strongest in the South, at 69 percent, but it is the majority conviction of working-class whites in all regions of the country, where it is never lower than 55 percent … by a margin of three percentage points, the white working class agreed “that the government has paid too much attention to the problems of minorities.”
The perception of reverse discrimination was an even more acute source of anger: “The special status of blacks is perceived by almost all these individuals as a serious obstacle to their personal advancement … white working-class voters were convinced that “the Democratic Party has not stood with them as they moved from the working to the middle class. They have a whole set of middle-class problems today, and their party is not helping them. Instead, it is helping the blacks, Hispanics and the poor. They feel betrayed.”
http://www.nytimes.com/2014/03/12/opinion/edsall-how-democrats-can-compete-for-the-white-working-class.html
Did you see the Saturday Night Live skit about men’s rights?
Interesting. I don’t know whether the show got the response it was looking for from the audience. (I long ago stopped watching SNL. Last time it was any good was early 1990s).
Perhaps the tide is beginning to change. Perhaps there has been an excessive amount of time and money spent pandering to females and female advancement.
You can see which sex is becoming disenfranchised by looking at campus enrollments.
There is a reason;
http://www.amazon.com/Men-Strike-Boycotting-Marriage-Fatherhood/dp/1594036756/ref=sr_1_1?s=books&ie=UTF8&qid=1394636723&sr=1-1&keywords=men+on+strike
the ‘men going their own way’ ideology (it is not a ‘movement’) has been briefly discussed on the blog before.
the ‘mens’ rights movement’ seeks to work within the existing framework of the legal system with regards to divorce, child custody, alimony, child support, et cetera.
ben’s blog is probably not an appropriate place to discuss this, google ‘mgtow’ to learn more from other sources.
My understanding is ‘men going their own way’ aren’t interested in “reforming” the system. Instead, much like the so called “herbivore men” in Japan, they are just dropping out altogether.
Or this one;
http://www.amazon.com/War-Men-Suzanne-Venker-ebook/dp/B00B5I6PXC/ref=sr_1_2?s=books&ie=UTF8&qid=1394636723&sr=1-2&keywords=men+on+strike
Sad panda boo hoo for the “subhuman mongrel*”
Wall Street Journal - WSJ/NBC News Poll: Obama’s Approval Rating Hits New Low
“President Barack Obama is struggling to overcome widespread pessimism about the economy and deep frustration with Washington, notching the lowest job-approval ratings of his presidency in a new Wall Street Journal/NBC News poll.”
http://online.wsj.com/article/SB10001424052702304250204579433533118580224.html
* phrase as quoted by Ted Nugent, who is not a real journalist
But John Rocker IS:
http://www.wnd.com/2014/02/student-mediocrity-the-new-success/
Want the NeoCon-Progressives to lose big this coming November?
Run television/internet ads showing people eating dogs. Then state how Obama has done with same.
That’s interesting. I saw this on Bloomberg this morning.
President Barack Obama is rebounding from record-low approval ratings as he remedies the botched rollout of his health-care website and moves past the budget standoffs of the last several years.
Less than eight months before the November midterm elections, Americans are evenly split, with 48 percent approving of Obama’s job performance, up from 42 percent in December — the biggest positive change of his presidency, according to a Bloomberg National Poll. He’s also registering an improved favorability rating at 49 percent, the highest since last June
http://www.bloomberg.com/news/2014-03-12/americans-split-on-obama-as-69-back-minimum-wage-hike.html
Also, Ted Nugent disproves a belief of Joe in Baltimore, that WT implies low income. Nugent is rich WT.
All your base are belong to 0.1%
Wall Street Journal - Wall Street Average Bonus Up 15% in 2013
“Wall Street bonuses are expected to be up 15% from a year earlier, boosted by compensation deferred from previous years, according to an estimate released by New York State Comptroller Thomas DiNapoli.
New York securities firms will pay out $26.7 Billion in cash bonuses and deferred compensation from previous years for performance in 2013, the report estimates.”
It’s Good To Be The King!
And to be able to dismiss The Constitution at will is the icing on the cake!
What new law or rule suspensions will happen today? Brought to you buy the guys who brought you the suspension of FASB 157.
Well, I guess the law of gravity can also be delayed with enough jet fuel.
Homeland Security’s Heavily Armed East Williamsburg Raid ‘Terrorized And Confused’ Residents
Mar 10, 2014
(Photograph from Gothamist reader)
A number of East Williamsburg and Bushwick residents were surprised by a combined federal and NYPD raid on Devoe Street early Sunday morning. Some were disturbed by a loud, low-flying helicopter, while others were simply stopped from going home because the street was blocked off.
Witnesses spotted a big Department of Homeland Security truck as well as DHS agents toting machine guns as they raided 221 Devoe Street. The NYPD was also involved, and one officer told a resident that the bust turned up “kilos of heroin.” (Apparently the drugs may have been from out of the country, hence DHS.)
A resident in a neighboring building told us that he and his partner “were utterly confused and frankly terrorized…I literally had a flashlight-gun pointed at me from a sniper on top of the black armored truck the first time I opened our window to see what was going on.”
The neighbor added, “What woke us up was a cop yelling ‘POLICE!’ outside and hearing some sort of scream. Then I noticed the flashing lights of the armored black truck so I peeped out the window. There were two snipers on top of the armored truck with flashlight-guns and one of them pointed at me immediately. If I was them and I was doing my job, I probably would have pointed it at me, too, but at the same I wasn’t even in the building they were looking at. He immediately pointed it away but needless to say, I was terrified because I could have been picked off instantly. Then in our backyard we noticed the helicopter lighting it all up. After about 20 minutes, all the armed guards made it to the backyard of 221 Devoe and were pointing their flashlight-guns everywhere.”
The Department of Homeland Security told us, “Special agents from Homeland Security Investigations assisted local authorities with a search warrant in an ongoing investigation. Because the investigation is ongoing, we will decline to elaborate.” The NYPD had no comment when we contacted them yesterday.
Jen Chung in News on Mar 10, 2014 4:26 pm
131 comments
fbxl5 • 2 days ago
(Apparently the drugs may have been from out of the country, hence DHS.)
as opposed to all the other heroin which comes from New Jersey poppy fields
a spokesman for the D.E.A. was quoted as saying, “what the f#ck is this sh#t?”
Tlost • 2 days ago
One thing to be doing their job and carry out a high level drug bust. Another to act like they’re on the streets of Fallujah where everyone is a a potential threat.
http://gothamist.com/2014/03/10/williamsburg_raid_homeland_security.php - 49k -
As long as the “right” authoritarians are in charge, you have mostly silence. Those who do care about authoritarian encroachment are called whack jobs and tin foil hat types.
obama’s second term isn’t over until he has his waco.
and you better believe it that eric holder will deliver it.
http://www.picpaste.com/progressive-0jNfgd7k.jpg
Haven’t heard much from holder since he had his panic attack.
http://www.independent.co.uk/news/world/americas/fracking-is-turning-the-us-into-a-bigger-oil-producer-than-saudi-arabia-9185133.html
You mean ohbewaana did something right by keeping his mouth shut?
The oil companies get what they want, it doesn’t matter who controls the WH or Congress.
Wake me up when gasoline is under $2 a gallon.
If it weren’t for price fixing, fuel would still be under $2…. right where it was in 2009.
The Fracking is being done on private land or in states that allow it.
What if the Prez allowed oil leases on public land???
we have a lot of Thorium on federal lands that’s why we used uranium instead….and all the radio active waste.
http://energyfromthorium.com/
Feds drop $3.2 million on Obamacare ads in Oregon featuring guitar-strumming hipsters
Caroline May
Political Reporter
Want to hear hipsters sing about the glories of their state’s Obamacare marketplace? Head to Oregon.
Cover Oregon, the state’s new Obamacare health insurance marketplace, launched a multi-million dollar campaign this week aimed at recruiting more Oregonians to the online marketplace.
The roll-out includes two television advertisements featuring Oregon-themed Obamacare marketplace songs sung by Oregon natives, folk singer Laura Gibson and musician Matt Sheehy.
Cover Oregon: “Live Long In Oregon” - Laura Gibson (:60) - YouTube
http://www.youtube.com/watch?v=Xv2UUcXCo9g - 143k
Great products sell largely by word-of-mouth.
Lesser products need promotion.
LOL:
http://chicago.cbslocal.com/2014/03/11/taxi-publication-threatens-to-expose-secretly-gay-aldermen-if-city-doesnt-ban-ride-sharing/
http://www.wnd.com/2012/09/claim-obama-hid-gay-life-to-become-president/
This is becoming routine news now:
http://www.infowars.com/homeland-security-snipers-terrorize-confused-residents-during-raid/
“Leverage” is a poor man’s term to make himself “feel” rich.
Read it and weep, boys
http://www.marketwatch.com/Journalists/Amy_Hoak
Balance sheets always look best in BLACK.
Very nice Sandy.
3 months gld outperforms S & P 500:
http://finance.yahoo.com/q/bc?t=3m&s=GLD&l=on&z=l&q=l&c=&ql=1&c=%5EGSPC
Back that off to a couple years and it doesn’t look so good.
I took a beating on the last bunch I bought.
True, however the regression to the mean is going to strike the stock market. Money will rush to safety when the mean arrives. - precious metals and mining stocks.
How many more years of record gains on average non-mining non metals stocks can there be? How much longer can the slingshot be pulled back?
Just last year surface mining copper was lucrative. Now look at it.
http://www.technocrazed.com/wp-content/uploads/2014/01/The-Top-15-Most-Impressive-Craters-On-Earth-11.jpg
Today copper is down in that crater. That’s alot of work.
Politicians are talking about winding down Fannie and Freddie. As Thomas Sowell noted, “No one will really understand politics until they understand that politicians are not trying to solve our problems. They are trying to solve their own problems — of which getting elected and re-elected are No. 1 and No. 2. Whatever is No. 3 is far behind”
So - what is the impact on politicians?
1) Fannie and Freddie have not been contributing money to politicians since 2008 (the blatant corruption of a de facto government agency contributing money to politicians aside):
* Fannie political contribution patterns
* Freddie political contribution patterns
This is an argument for wind-down (and the creation of a new agency which can again contribute to politicians).
2) They have been sending a great deal of money to the FIRE sector however, which in turn donate a great deal of money to politicians (”Fannie Mae, Freddie Mac, and Ginnie Mae, the three major Government Enterprises created to control the U.S. housing market, issued 99.3 percent of all mortgage backed securities (MBS) in 2012″)
This is an argument against the wind-down.
So - what would be optimal from a politician’s point of view? Maintaining the cash flow to the big donors, but creating a new agency which will again be able to contribute to politicians. Whatever economic dislocations it creates will be very difficult for the average citizen to pin on the agencies and then the politicians.
Net result - repackaging Fannie and Freddie into a new entity which does the same thing is a go.
I wouldn’t say that what they are proposing is “the same thing”. Fannie/Freddie currently insure losses from the first dollar. To my understanding, this proposal only insures losses AFTER the first 10% loss is borne by the lender.
This will make a world of difference when it comes to underwriting.
Found this gem in the local paper this morning…
Chicago Tribune
By Mary Ellen Podmolik
8:45 a.m. CDT, March 12, 2014
A large part of Tom Gniedziejko’s business during the past few years has been buying older ranch homes on Chicago’s Northwest Side, adding second-story additions and reselling them.
The deals just aren’t what they used to be. Compared with two years ago, Gniedziejko is paying about $50,000 more for a home in the city’s Edison Park and Norwood Park neighborhoods, but he isn’t complaining.
“I’m getting my money back,” Gniedziejko said. “People didn’t buy houses for five or six years, because they were scared.
Now, people are not scared and it’s cheaper to buy houses than rent. It’s a no-brainer for people. The last house I sold, I had six or seven offers the first weekend. That’s pretty good.”
A lack of desirable homes available for sale and greater consumer confidence are boosting demand for homes across Cook County, but particularly in certain city neighborhoods and suburban Cook County communities.
As a result, fourth-quarter 2013 prices of single-family homes in Cook County posted their largest year-over-year increase in data going back to 1997, rising 16.8 percent in Chicago and 14.5 percent in suburban Cook County, according to a report scheduled to be released Wednesday by the Institute for Housing Studies at DePaul University.
But as with every positive report that has come out on housing in the past year, there are caveats attached.
“We’re still only at 2002 price levels and we’re seeing a slowing of quarter-to-quarter price increases,” said Geoff Smith, the institute’s executive director. “Even though this is great news, there is a way to go.”
DePaul’s home price index showed that within Cook County, 25 of 28 submarkets showed year-over-year home price gains. Meanwhile, the other three groupings of areas — Pilsen/Bridgeport/Little Village and Roseland/Pullman/South Chicago/Hegewisch in the city and Calumet City/Harvey in south suburban Cook County — posted year-over-year decreases.
Easily beating the city average were Jefferson Park/Edison Park, Irving Park/Albany Park and Portage Park/Belmont-Cragin, which all posted annual price gains in excess of 20 percent. The areas experienced a dramatic erosion in home prices during the housing crisis, so a full recovery remains in the distance.
For instance, fourth-quarter home prices were up almost 24 percent in Portage Park/Belmont-Cragin from a year earlier but remain 56 percent below their peak before the market plummeted. Still, compared with the more normalized pricing environment of 2000, prices in those neighborhoods have increased about 18 percent.
In Edison Park, a home that was temporarily removed from the market just before Christmas came back on the market at $10,000 more and sold for its list price. Buyers “are surprised by the activity and by the fact that if there is an open house, there are 15 people at the open house,” said Ray Mandel, a real estate agent at Coldwell Banker Residential Brokerage who had the listing.
Missing from the list of biggest gainers were areas like Chicago’s Lakeview and Lincoln Park neighborhoods, but that is because their housing markets never experienced the free fall of other neighborhoods.
The story is similar in suburban Cook County. Among the areas with the best pricing improvement was the Elmwood Park/Franklin Park area, where fourth-quarter single-family home prices were up 17 percent from a year earlier. From its pricing peak to trough, home prices fell 55 percent and the communities were awash in foreclosures and short sales.
These days, the mix between distressed home sales and traditional home sales is beginning to even out, according to Erica McClain, an agent with Re/Max Vision.
“We’re starting to see some multiple offers on properties,” she said. “It has already bottomed out here. A lot of buyers that I’ve come across are still thinking they’re going to get the prices they got a few years ago and they have sticker shock.”
DePaul’s price index is calculated by looking at repeat sales of single-family homes over time, similar to the methodology used in the national S&P/Case-Shiller home price index. DePaul’s index excludes home sales that occur twice within six months, to exclude the effect of homes that are flipped.
buying older ranch homes on Chicago’s Northwest Side, adding second-story additions and reselling them.
Some time ago, someone asked what happened to old-fashioned boarding houses. Well, here they are. You take a ranch rambler with one small living room, a kitchen/dining combo (or eat-in kitchen), and three small bedrooms off the hallway, and add 3 beds and a bath on top. The result is a top-heavy 6/3 dwelling which is GREAT for renting to 4-5 families of illegals — more if you throw mattresses in the basement. Put a sign-up sheet on the refrigerator to reserve the time in the kitchen and there it is, boarding house.
Darn it.
Plunging the depths and exploring the inside of the Lieberal mind.
http://www.theheckler.com/wp-content/uploads/2012/11/2012-11-17-Bettman.jpg
http://www.picpaste.com/IMG_20140308_101832_942-5fnVOVBo.jpg
Baa, baa, home owner,
Have you any wool?
Yes, banker, yes, banker,
Three bags full!
Funny
A group of employees at South Puget Sound Community College caused outrage after they made it clear that white people would not be welcome at a planned diversity “happy hour” event.
“If you want to create space for white folks to meet and work on racism, white supremacy, and white privilege to better our campus community and yourselves, please feel free to do just that,” stated an email which was sent out to 300 employees.
College group cancels diversity ‘happy hour’ after excluding white staffers
An attempt to fight racism at a community college may have backfired.
KING5.com | Seattle Breaking Local News, Photos, Videos - KING5 …
http://www.king5.com/news/local - 224k -
the super bowl 2014 coke commercial, titled ‘it’s beautiful’
http://m.youtube.com/watch?v=D4BC8zUfNhU
‘diversity’ = the systemic extinction of white males
Si se puede. Viva La Raza!
“Si se puede. Viva La Raza!”
Well, I googled that and when I got back to the HBB I had a new ad on the page.
United States Immigration Attorney
The Immigration Law Office of Jayne Bouchfaa is a law firm dedicated exclusively to immigration matters within the United States. Located in West Palm Beach, FL, the immigration law firm focuses on family immigration, United States citizenship and naturalization, business immigration and deportation and removal issues in Immigration Court.
Ms. Bouchfaa, immigration lawyer, provides experienced and reliable legal immigration services to families and businesses. Each client’s case is evaluated individually by Ms. Bouchfaa herself during a personalized consultation. She will analyze every aspect of your case and determine the best route to follow in order to meet your individual immigration needs. Ms. Bouchfaa understands the complexities of United States immigration law and will give you honest and accurate information. Her knowledge, integrity and reputation for straightforward immigration advice are what sets her apart from other immigration attorneys. She understands the complexities of immigration law and that quality legal services can save substantial time and money for her clients.
The immigration lawyer offers free initial phone consultations to discuss your immigration law needs. The first free phone consult is a ten-minute consultation designed to assess your eligibility for certain immigration benefits and to determine your goals. The first in-person consultation is $50 per half an hour. Should you decide to retain Ms. Bouchfaa as your immigration attorney, the consultation fee will be deducted from your overall attorney’s fees. Ms. Bouchfaa offers reasonable and affordable flat rate fees for legal immigration services. Payment plans are available for individuals who demonstrate financial need. All attorney’s fees and immigration costs are discussed up front and in detail. There are no surprises and no hidden fees.
The Immigration Law Office of Jayne Bouchfaa proudly provides legal immigration services to individuals in West Palm Beach, Palm Beach Gardens, Fort Lauderdale, Boca Raton, Boynton Beach, Delray Beach, Vero Beach, Fort Pierce, Stuart, and Miami.
We routinely provide legal advice and support across a broad spectrum of matters, including:
Citizenship & Naturalization
Green cards Through Family
Employment and family-based visas
Fiancé visas
H-1B
Deportation & Deportation Waivers
J-1 Visa
EB-5 Investment Green Card
Dream Act/Deffered Action for Childhood Arrivals
Asylum
Labor certificates
Canadian and Mexican NAFTA workers
How is downtown Lake Worth looking these days? It’s been a while since I spent any time in the PBC. My family who used to live there moved back down to Broward.
A guy that works for me lives in Lake Worth off of 10th Ave by US1. He had my F-250 parked in front of his house when it got hit and run by an illegal. They only got half the tag and a description of the driver and the van. The sheriffs said they would look but they never found him.
Now if it had been a sheriffs personal vehicle that had been hit I am sure they would have had the dude down on the sidewalk resisting arrest within 45 minutes.
Aside from that, if you go east of US1 to the water the hood gets a little nicer. West of US1 to 95 is loaded with potential clients for the United States Immigration Attorney above.
They used to have a house in a new D.R. Horton development west of the turnpike, in a previously unincorporated part of PBC that was christened as part of Lake Worth.
Some of my most vivid memories were of driving along 441 ten years ago and seeing countless billboards for new homes “from the 700’s”, this at a time when I was living 1000+ miles north of there and selling HELOCs to these fools.
When I go back now, I stay on the Galt Ocean Mile and points south.
Now if it had been a sheriffs personal vehicle that had been hit I am sure they would have had the dude down on the sidewalk resisting arrest within 45 minutes.
You got that right. We had a cop shot here in a traffic stop a couple of weeks ago. Holy Manhunt, Batman! Had it been a civilian shot, nothing would have come of it. The shooter wisely turned himself in. I’m sure that once they located him the SWAT team would have shot him dead, claiming that he resisted arrest or something.
Yats the chosen banker is in town, probably for some cementing and glueing, getting some deets to stick, help midwife this thing, some financial assistance from Washington (what did they do with that $5 billion they just got for their “grass roots” uprising) and maybe even an” ‘atta’ boy’.
———————————————————————————-
March 12 2014, 4:30 AM
Obama to Host New Ukraine PM Amid Tensions with Russia
In a diplomatic dig at Russia, President Barack Obama will be hosting the new Ukrainian prime minister at the White House, a high-profile gesture aimed at cementing the West’s allegiance to Ukraine’s fledgling government.
—————————————————————————
Nuland: “I don’t think Klitsch should go into government. I don’t think its necessary. I don’t think it’s a good idea.”
Pyatt: “yeah…I mean I guess. You think…what…in terms of him not going into the government, just let him sort of stay out and do his political homework and stuff. I’m just thinking in terms of the process moving ahead, we want to keep the moderate democrats together. The problem is going to be Tyahnybok and his guys. I’m sure that’s what Yanukoyvch is calculating on all this.”
Nuland: “I think Yats is the guy who’s got the economic experience, the governing experience. What he needs is Klitsch and Tyahnybok on the outside and he needs to be talking to them four times a week you know…I think with Klitsch going in at that level working for Yats, it’s not going to work.”
Nuland: “My understanding is that the big three [Yatsenyuk, Klitsch and Tyahnybok] were going in to their own meeting and that Yats was going to offer in that context a three plus one conversation with you.”
Pyatt: “ That’s what he proposed but knowing the dynamic that’s been with them where Klitsch has been top dog; he’s going to take a while to show up at a meeting, he’s probably talking to his guys at this point so I think you reaching out to him will help with the personality management among the three and gives us a chance to move fast on all this stuff and put us behind it before they all sit down and he explains why he doesn’t like it.”
Nuland: … “when I talked to Jeff Feltman this morning, he had a new name for the UN guy …Robert Serry – he’s now gotten both Serry and Ban ki Moon to agree that Serry could come in Monday or Tuesday… so that would be great I think to help glue this thing and have the UN help glue it and you know fuck the EU.”
Pyatt: “Exactly. I think we’ve got to do something to make it stick together because you can be pretty sure the Russians will be working behind the scenes. ….Let me work on Klitchko and I think we want to get somebody with an international personality to come out here and help midwife this thing.”
Nuland: ”…Sullivan’s come back to me saying you need Biden and I said probably tomorrow for an” ‘atta’ boy’ and get the deeds to stick so Biden’s willing.”
———————————————————————————-
Obama to Host New Ukraine PM Amid Tensions with Russia
The Associated Press
First published March 12 2014, 4:30 AM
In a diplomatic dig at Russia, President Barack Obama will be hosting the new Ukrainian prime minister at the White House, a high-profile gesture aimed at cementing the West’s allegiance to Ukraine’s fledgling government.
The meeting Wednesday between Obama and Prime Minister Arseniy Yatsenyuk comes as a pro-Russian area of Ukraine readies for a referendum Sunday to determine its future. Voters in the Crimean Peninsula will be given two options: becoming part of Russia, or remaining in Ukraine with broader powers.
White House spokesman Jay Carney said Yatsenyuk’s visit was meant to signal “that we strongly support Ukraine, the Ukrainian people and the legitimacy of the new Ukrainian government.”
Amid the symbolism of Yatsenyuk’s visit to the U.S., the Ukrainian leader will also be seeking financial assistance from Washington. Yatsenyuk says his country needs the West’s help to defend itself against neighboring Russia, a nation he said is “armed to the teeth.”
Ukraine’s parliament installed Yatsenyuk as head of the country’s interim government after pro-Kremlin President Viktor Yanukovych fled the capital of Kiev following three months of popular protests. The uprising started when Yanukovych rejected a planned partnership agreement with the European Union in favor of historical ties with Moscow.
Arseniy Yatsenyuk
From Wikipedia
From November 2003 to February 2005, Yatsenyuk served as the first vice-president of the head of the National Bank of Ukraine under Serhiy Tyhypko.[10] After Tyhypko left the National Bank, Arseniy Yatsenyuk was put in charge of the National Bank.[10]
After Vasyl Tsushko was appointed as the new Governor of Odessa Oblast, Tsushko asked Yatsenyuk to serve as his vice-governor, which he served from March 9 to September 2005.[10][12] From September 27, 2005 to August 4, 2006, he served as the Minister of Economy of Ukraine in the Yekhanurov Government.[10][13] Arseniy Yatsenyuk then headed talks about Ukrainian membership in the World Trade Organization. Yatsenyuk also heads the Ukraine-European Union commission.
Awards
Cavalier of the Order of Prince Yaroslav the Wise Fifth Class – awarded on 7 February 2008 for significant personal contribution to the integration of Ukraine into the World Trade Organization[91]
Ron Paul: World Trade Organization - FIGHT TPP - NWO - Agenda …
http://www.youtube.com/watch?v=ZCU3aBVQZks - 158k - Cached - Similar pages
Oct 15, 2013 …
Federal Reserve logic: Reduce the consumer’s purchasing power in order to improve the economy.
In reality, all inflation does is incentivize debt. And from a bank-centric viewpoint, which after all, is the Fed’s viewpoint, that’s a good thing.
Fed Inflation Goal Is Elusive as U.S. Rents Stabilize: Economy
By Michelle Jamrisko and Ilan Kolet Mar 12, 2014 9:01 AM ET
Bloomberg
Federal Reserve efforts to nurture a more robust rate of inflation this year are likely to fall short. The reason: the biggest gains in rents are probably over.
The costs to lease residential real estate, the second-biggest component of the price measure tracked by U.S. central bankers, helped put a floor under inflation over the past two years as most other components decelerated. Now, with builders cranking out a record number of multifamily buildings and the job market still far from tight, the outlook for rents is the bleakest it’s been in four years.
http://www.bloomberg.com/news/2014-03-12/fed-inflation-goal-is-elusive-as-u-s-rents-stabilize-economy.html
They’re trying to herd people into debt by buying houses, even though there are multiple studies which show higher homeownership rates cause higher unemployment. Also…what business do they have telling us how to manage our lives? What about just managing the currency so it’s a stable store of value?
Obviously a lot of bank economists have created modern economic policy.
“the biggest gains in rents are probably over.”
Perhaps with respect to multi-family. To my understanding, NOT with respect to commercial properties.
How do you spot a sucker?
They buy at the top.
Where is the top in a hyperinflationary spriral?
The point right before a new Volcker becomes the Fed Chair…or the sitting Fed Chair takes such hawkish positions.
Mr. Yatsenyuk Goes to Washington
Yats is a well connected globalist operative
Kurt Nimmo
Infowars.com
March 12, 2014
Installed Ukrainian prime minister and former bankster Arseniy Yatsenyuk is expected to tell Obama “his country needs help to defend itself against neighboring Russia and also is expected to seek financial assistance from Washington,” the CIA’s Radio Free Europe website reports today.
The CIA and the rest of its Mockingbird media, however, predictably fail to mention that Ukraine has lined up the usual globalist suspects in its drive to embrace the European Union, the IMF, World Bank, and deliver austerity in the former Soviet republic.
Yats, as the State Department calls Yatsenyuk, has a foundation in his name. Called “Open Ukraine,” its tagline is “Open Ukraine for yourself and for the world,” which actually translates into opening the country up to international banksters and assorted corporatist looters. Under the cover of “working with a young generation of artists, scholars, and community leaders who seek to implement social changes in different regions,” the Yats foundation offers yet another open door for the U.S. State Department, the National Endowment for Democracy, NATO, Chatham House, Horizon Capital, Swedbank, and the German Marshall Fund.
The direct participation of the State Department in deposing the elected leader of Ukraine and stacking the parliament with a coalition of ultra-nationalists, fascists, soccer hooligans and neo-Nazis is well-known, at least to folks who bother to research beyond the uniformly anti-Russian headlines proffered by the corporatist Mockingbird media.
The Chatham House is a British think tank operating like the Council on Foreign Relations and the Brookings Institute in the United States. Corporate members include Goldman Sachs International, Morgan Stanley, Lockheed Martin, Bloomberg, GlaxoSmithKline, Coca-Cola, and other transnational giants and bankster operations. This elite membership, writes Tony Cartalucci, “is involved in coordinated planning, perception management, and the execution of its corporate membership’s collective agenda.”
In order to dispel any confusion about what is in store for Ukraine, Roderic Lyne, deputy chairman of Chatham House, said in February the country sorely needs “tough love,” in other words the same sort of austerity “love” dispensed by the globalists in Greece, Ireland, Italy, Portugal, and Spain where poverty is on the rise.
NATO is known for its collaboration with the CIA on Gladio “stay behind armies,” ostensibly designed to fight the commies if they invaded western Europe, but in fact used to subvert governments and political movements unacceptable to the global elite. In 1952 in Germany it was discovered that there was a fascist stay-behind army operating in the country. (See a timeline on NATO-Gladio connections.)
Earlier this month, researcher and author F. William Engdahl reported on a secretive neo-nazi military organization reportedly linked to NATO that played a decisive role in targeted sniper attacks and violence that led to the collapse of the elected Ukrainian government.
NATO was financed by the German Marshall Fund, which supports The Black Sea Trust for Regional Cooperation operating in Ukraine (and Armenia, Azerbaijan, Bulgaria, Georgia, Moldova, Romania, and the autonomous Krasnodar and Rostov regions of Russia). Its logo is proudly displayed on the Yats foundation partner page. The organization specializes in cobbling together “linkages between new EU member states and the countries of the Black Sea region” and pushing for “economic reform,” in other words moving these countries out of the Russian economic sphere into the EU-globalist sphere of economic domination.
Members of the German Marshall Fund, writes John Coleman, include David Rockefeller of Chase Manhattan Bank and luminaries from the Ford Foundation, the Club of Rome, the Committee of 300, the Aspen Institute, and other prestigious internationalist organizations. Members include the late Averill Harriman, Silvio Berlusconi, Madeleine Albright, William Jefferson Clinton and several lesser known globalist operatives and functionaries.
The German Marshall Fund, along with the corporate giants Ford, Lilly Endowment, Rockefeller Brothers Fund, and corporations such as Time, Bechtel, Exxon, General Motors, Wells-Fargo, and others funded the Trilateral Commission, the premier globalist organization founded by David Rockefeller and Zbigniew Brzezinski in 1973.
It was also instrumental in funding the Council on Foreign Relations along with bankers from JP Morgan, John D. Rockefeller, Bernard Baruch, Jacob Schiff, Otto Kahn, and Paul Warburg. Funding now comes from major corporations such as Xerox, General Motors, Bristol-Meyers Squibb, Texaco, and others as well as the McKnight Foundation, Dillon Fund, Ford Foundation, Andrew W. Mellon Foundation, Rockefeller Brothers Fund, Starr Foundation, and the Pew Charitable Trust, writes Mark M. Rich (see The Hidden Evil: The Financial Elite’s Covert War Against the Civilian Population).
Despite the presence of these big league globalist players on Yats humble little foundation web page, we are assured that he is visiting Obama, Biden, and shaking hands with Secretary of State John Kerry because the United States is so very concerned about democracy in Ukraine, now supposedly under threat by the brutal Russian bear and the evil autocrat Vladimir Putin.
The global elite plan to carve Ukraine up like a stuffed pig and hand it to the likes of Horizon Capital, a private equity fund manager specializing in “profit potential” in Ukraine, Belarus, and Moldova. Yats also displays the logo of Swedbank, a mega financial services bank based in Sweden operating in Nordic and Baltic countries. Like banks based in the United States, Swedbank was a recipient of massive government bailouts during the so-called global financial crisis as a result of bad bets in the Baltic countries.
This article was posted: Wednesday, March 12, 2014 at 3:58 pm
The neat thing is what precious metals are doing.
It looks like for gold, if it can make it above $1400 spot price in September it will broach the long term down trend that started in September of 2011.
Of course, I don’t wait. I keep buying periodically.
Over the long run gold outperforms bonds and cash. But not stocks.
Tonight, watch these two great segments. Educational humor.
False Advertising behind the Natural Food Label Very well done-scary humor
https://www.youtube.com/watch?v=XXsVQDhjUPc
GMO -A-Go-Go
Cartoon for adults-explanation of GMOs with humor
https://www.youtube.com/watch?v=KGqQV6ObFCQ
Gun Parts Manufacturer Files Restraining Order Against ATF, Avoids Raid
Adan Salazar
Infowars.com
March 13, 2014
Ares Armor, a California gun parts manufacturer, has filed a temporary restraining order against the Bureau of Alcohol, Tobacco, Firearms and Explosives for fears the federal agency could soon bust down its doors.
For almost two years, the ATF has asked Ares Armor to turn over its customer list, but the company’s owner, Dimitrios Karras, has thus far respected the privacy of his clientele and refused to comply.
“They said either give us these 5,000 names or we’re coming in and we’re pretty much taking everything, which is a huge, huge privacy concern and something we are not willing to do,” Karras told KSWB.
The temporary injunction comes on the heels of last week’s ATF raid on EP Armory, which Karras says was carried out on spurious grounds.
According to Karras, the ATF’s main contention against EP Armory, as well as his company, was they were “making a firearm and then reverting back to the 80% stage by filling in the fire-control cavity,” a mistake the business owner says the bureau has been “appropriately informed of.”
Nevertheless, on Monday, the ATF threatened to obtain a warrant against Ares Armor prior to an inevitable raid on the facilities if the customer list wasn’t soon handed over.
“They were gonna search all of our facilities, they were gonna confiscate our computers. They were pretty much gonna shut our business down,” Karras said.
Shirt featuring 80% lower receiver sold at AresArmor.com.
The next day Karras was granted a Temporary Restraining Order against the ATF, after claiming he was “now in constant fear for the safety of my employees, my customers and myself.”
He explains the events that led to the legal action in a recent post on the Ares Armor site:
During a meeting with the BATFE around the end of 2012 that was unrelated to EP Armory’s product, the Agent that was present very strongly requested that I turn over Ares Armor’s customer list. He intimidated me with the possibility of criminal charges if he was not satisfied. This was the first attempt the BATFE made to intimidate Ares Armor into turning over private customer information.
“I have been unjustly threatened with raids and criminal charges in an attempt by the BATFE to obtain information that is private and protected,” Karras stated in his filed declaration. “The BATFE has expressed interest in obtaining Ares Armor’s customer list in the past and is now attempting to strong-arm us with undue threats based on information they know to be incorrect.”
“The government invades our privacy on a daily basis and everyone seems to think that it’s OK,” Karras said to KSWB, adding he hopes “the judicial system will come in and say, ‘You know this is private information, it’s protected, and no you’re not taking it from them.’”
“For the time we are SAFE!” Karras exclaims with a sigh of relief, but there’s no telling how close he and his workers came to staring down the barrels of ATF weapons.
This article was posted: Thursday, March 13, 2014 at 1:01 pm