Had a thought when reading that more women have college degrees than men for people in their late 20s nowadays. Seems to me there arent a whole lot of “blue collar” jobs for women that arent minimum wage/making sammiches type jobs. Guys can go hvac, plumber, electrician, etc. and do ok - sometimes quite well for themselves and no sheepskin required. Am I just not seeing those equivalent jobs for women? From my observations of women in the work place over the last 2 decades they end up largely doing secretary type work (but do NOT call it that) which to me at most should be a 2 year degree and only if your high school education was worthless. Closest thing I can come up with is teaching but the pay isnt all that and it requires at least a 4 year degree and more and more “certifications” and random BS that seems to serve as a barrier to entry to those with a low tolerance for that nonsense. Plus you get to send a chunk of your meager earnings to a union that is run by morons at best.
I dont think I could convince a reasonably rational 15 year old male to go into teaching anything K-12, and that leaves the dregs teaching K-12. And we wonder why schools suck and kids have to take remedial classes in college. Its one giant f-ed up mobius strip where there’s a lot of movement but no one goes anywhere.
I guess my question is, where are we going with this? What great society lies at the end of this road, where kids/their parents drop high 5 figures/low 6 figures to get something that bears no relation to what they study and will takes years to recoup that money invested? Schools suck, job market sucks, economy sucks. Do we embrace the suck? Should I start loading up on Brawndo?
Why can’t women go into HVAC, plumbing, electrician jobs?
Yes – they are tough and physically jobs often in dirty, grimy and austere conditions (literally dealing with human waste all day). But men and women are equal in all things (except of course, for affirmative action). So have at it! Equal pay for equal work stuff. But you have to do the work.
You want better teachers? Get rid of the teacher’s union and have school choice. The better teachers would get a plethora of great choices, from great schools with better wages. The worst teachers would find another line of work.
For example – the Philadelphia School district is beyond broken and graduates students at a 50% literacy rate. Yet it spends over $14,000 per child/year. For an average class size of 24 student that over $335,000 per year/class.
School choice –> privitization. Privitization of a government program –> private schools take gov money, race to the bottom for teacher wages, and pocket the difference. No different than any other line of work.
I always ask liberals this question and I never get a real response.
If you were given $50,000 that you MUST invest for your retirement.
Would you:
A. Put the money into your social security account for the government to “keep safe?”
B. Put the money in your own name in your own IRA to be invested as you saw fit?
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Comment by Blue Skye
2014-03-31 07:05:20
You ask the wrong question. Ask what they would do with MY money.
Comment by Montana
2014-03-31 07:36:12
RN is a 2 yr prgram. also hygienist, radiology tech etc
Comment by oxide
2014-03-31 07:44:02
The reason no liberal will give you an answer is because you ask a black and white question which is loaded to start another round of pre-approved talking points.
Comment by Neuromance
2014-03-31 07:51:12
Blue Skye: You ask the wrong question. Ask what they would do with MY money.
“It was so cold this winter, I saw a politician with his hands in his OWN pockets.”
Comment by Albuquerquedan
2014-03-31 10:43:08
“It was so cold this winter, I saw a politician with his hands in his OWN pockets.”
It was so cold this winter, Lola played pocket pool in his own pockets.
Comment by RioAmericanInBrasil
2014-03-31 15:11:59
It was so cold this winter, Lola played pocket pool in his own pockets.
Jeeezzzz.
You are………… JUST………NOT………..FUNNY……….
And I would totally appreciate good humor at my expense. Because it’s a casual blog, not a life’s big importance.
compare your local 5th grade in Catholic school w the underpaid teachers to the local public school
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Comment by RioAmericanInBrasil
2014-03-31 15:51:52
compare your local 5th grade in Catholic school w the underpaid teachers to the local public school
Why are they underpaid if they are better?
Because the “free-market” has always needed regulation, nurturing and guidance. Without them, the “free-market” becomes a “TrickleDown/SupplySide” disaster compared to what once was. You know……Today’s America.
Which is why my wife’s coworker moved out of sales and into fine finish carpentry rather than rough framing. Someone had to make the money hanging trim molding on the show kitchens in the multimillion dollar condos, and figured it would be her. And she likes kitchens, and is detail oriented, and likes money, so…
No idea how that turned out after the building bust and there’s about 3x too many carpenters for the work, even now. Maybe affirmative action saves her personally?
I think a female HVAC worker would have severe issues holding 75 pounds of ductwork over her head for 8 hours per day.
I will say if you see graybeards doing it, women can do it too. My uncle went into finish carpentry when he got too old to frame. And everything an industrial electrician or millwright does involves a crane, and women can push buttons on a crane controller just as well as men, and my personal bias is women are more safety conscious so I’d rather work with a female crane operator than a male, any day.
But yeah most plumbing, most electrician, most HVAC, most women are never going to have the upper body strength to pull that off. Many men can’t do it either.
Another issue I’ve seen and read about is women doing heavy physical work long term. Read an interesting interview w/ a female Army officer…she was a good athlete, got through all the training with her male counterparts OK but her body could not handle infantry duty long term. Have seen something similar in telecom work, outside jobs were opened to women years ago as they should have been but very few women work these jobs for a 30 year career, few can handle pole climbing, cable pulling, heavy lifting etc. for years on end…(as was said plenty of men can’t either OR could at one time but get fat, out of shape, etc.)
Many of the teachers I know, when asked why they work in the Public School System, say it’s because the pay and benefits are better than in private schools. However, many of those same teachers send their kids to private schools.
That was a big wake-up call for my wife and I: when you won’t send your kids to the schools where you work and are willing to pay thousands of dollars to send your children somewhere else. Doesn’t say much for the product you’re selling…
“I dont think I could convince a reasonably rational 15 year old male to go into teaching anything K-12″
As a dirty old man now experiencing the K-12 system by putting my kids thru it, before puberty I never noticed any of my teachers in that way, but I assure you that given that we graduate about two to three times as many teachers as we “need”, as near as my eyes tell me, the glass ceiling means the dirty old men in charge only hire the absolutely hottest ex-cheerleaders to be grade school teachers. Nothing but future trophy wives as far as the eye can see. Due to the awful working conditions almost all teachers burn out in a decade so that also means there are none older than 30 or so. To say its incredibly distracting to be a parent during parent-teacher conferences would be an understatement. It is literally like the semi-finals of a beauty pageant.
Now a young woman would have to be insane to go into K12 because they’re taking out massive loans in a field where we graduate a multiple of how many jobs are open much like lawyers, the glass ceiling means dirty old men are going to only hire the hottest 1/3 or so, the average career is only about as long as the average college degree before burnout is achieved, and there are no alternatives available after burnout other than maybe admin or trophy wife. Or for that matter a guy would have to be pretty nuts too to enter teaching. Then again if you can Dilbert PHB it pretty well, you’ve got it made in administration, we literally have as many admins as teachers and the admins don’t put up with or care about the kids at all or apparently do much of anything other than kiss up to each other and collect more money than the teachers are paid.
So tell a 15 year old male that if he can get into admin, he will have a 10 to 1 ratio of hot young female coworkers, and see what he thinks. At least from the outside, it sounds like a dream job, like being a playboy photographer or owning a gentleman’s club or something.
Some of my attitude is via graduating from a “hard science” STEM field program with no women. None graduated, anyway. Zero. Seriously. What is it about Thevenin’s theorem and Norton’s theorem and Fourier transforms and Ohm’s law that repels women so successfully, like if you could weaponize it, it would be a near ideal crowd control weapon for at least half the population? And then getting into IT/programming where women are extremely rare, because they’re too smart for salaried 13 hour days pounding out code, even if the pay is really good. Apparently all those women who should have gone into engineering went into education. So I’m sure there’s some “drooling starving wolves staring at a pile of raw meat” going on. Still, just show a teen boy the teaching staff at a typical grade school and ask if he would enjoy the company of those beautiful women coworkers and have summers off, or if he’d rather socialize with the all male IT neckbeard department for 13+ hour days.
When I was growing up, we had several male teachers in elementary school, more in junior high, and many more in high school. They were gradually replaced by young women. I thought it was because young women were more nurturing and mommy ish themselves. More importantly, they work for cheaper, either because they are fresh out school or because they have a husband in a high pay field. You used to be able to support a family on teaching. Now it’s seen as a secondary job for extra cash, especially in the “free market” private schools.
My M-I-L was an administrator in the LAUSD. She confirms many teachers are making 100k+ and working 9 months out of the year. Not all, many. So in Los Angeles at least, I call BS. The teachers unions have done a great job spinning the underpaid teacher crap.
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Comment by RioAmericanInBrasil
2014-03-31 18:31:10
The teachers unions have done a great job spinning the underpaid teacher crap.
Not half as good as the AMA. American “specialist” doctors are overpaid by multiples of what they’re “worth”. It’s a scam. They are overpaid period. The world and statistics prove it.
American “specialist” doctor’s pay is a joke compared to the rest of the big world out here. It’s fraud.
And then getting into IT/programming where women are extremely rare
————————–
That’s only true for US citizens. I’d guess I work with close to 50% women, but they are mostly foreign- Russian, Indian, Asian, European, South American, all of the above even some African. One of our major vendors is Israeli so an outsized number from Israel as well.
We even have some women in DBA/Sys admin type positions, but they are mostly East Asian Chinese, Japanese, etc.
I’d say only 20% of my classmates were female in college in my IT classes, so they import boatloads to make up the gap.
For roles like IT project management, sourcing, contracts, etc, it’s closer to like 75% women, mostly older as its a work-up position.
It’s interesting to see how different countries value jobs vs the US.
The U.S. stock market is rigged to hurt the average investor and benefit high frequency traders, stock exchanges and large Wall Street banks, according to the author of the new book “Flash Boys: A Wall Street Revolt.”
This computer-based high-speed trading uses complex algorithms to move in and out of positions in fractions of a second. These HFTs give the big guys an edge that the little guys cannot compete with, says Michael Lewis, the famed Wall Street author in a new interview on “60 Minutes” that aired Sunday.
“High frequency traders have found ways to use their speed to gain an advantage that few understand,” says Lewis in the interview.
“They’re able to identify your desire to buy shares in Microsoft and buy them in front of you and sell them back to you at a higher price,” says Lewis. “The speed advantage that the faster traders have is milliseconds…fractions of milliseconds.”
…
Yesterday, HBB actually had a good, informative, civil discussion about politics on both sides. Thank you for staying away. We couldn’t have done it with you.
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Comment by 2banana
2014-03-31 06:38:19
Rule #1 of liberals.
Silence those who disagree with you.
The race card works. The “war on women” works. Class warfare works. Accuse them of starving kids and throwing grandma into the street (although I may have that backwards).
You should understand the role this guy plays for the establishment. I knew something was up when he was on NPR TWICE the same afternoon, talking about the “great financial crisis” and wall street. Boy he let em’ have it. And at the end, he calmly told the hosts that we can’t possibly put any of these people in jail! It would stifle financial innovation! If he wasn’t an establishment hack you would even know he existed.
Comment by LolaLOL
2014-03-31 07:28:46
He is a safety valve that allows a little air out and the appearance of propriety to be kept. NPR types can tsk tsk and still do nothing more than continue to condemn the poor to hellhole inner city conditions full of drugs, crime and dependence.
Thanks!
Comment by Dolly Llama
2014-03-31 07:59:20
I knew something was up when he was on NPR TWICE the same afternoon, talking about the “great financial crisis” and wall street.
He’s a puppet and I get that how he still never talks about the cheap money and the mighty fed. He’s a symptoms leaker but still got this out in the MSM, so that’s something I suppose.
Comment by Neuromance
2014-03-31 08:06:27
Ben Jones: And at the end, he calmly told the hosts that we can’t possibly put any of these people in jail! It would stifle financial innovation!
3) What exactly is financial innovation? Basically allowing Wall Street casinos to add new gambling products and have politicians insure the system on the backs of the taxpayer.
Of course he can. Who get’s interviewed twice the same afternoon about a book? Not that the interview ran twice, he was interviewed twice.
I suspect it works like this; guys in a smokey room know stuff is out there. They know someone is going to write books about it. So they think, let’s get our guy out there with a book and we can rely on him to say we shouldn’t even be prosecuted.
This is important too; Lewis didn’t keep these guys from being prosecuted; the feds did that. This is his small media role in creating the perception that we’ll all suffer if a wall street guy goes to prison. Holder then later says exactly that to congress when asked why no one has been prosecuted. That’s the underlying assumption to too big to fail.
Comment by jose canusi
2014-03-31 08:40:27
“his small media role”
From which he has made big bux, from his books, movies, his articles, lecture fees, etc.. Maybe not as much as the Wall Street boyz, but he’s also gained a certain celebrity status out of it, while he holds up his hands and whines “Don’t shoot the messenger”.
Comment by HBB_Rocks
2014-03-31 14:31:42
If you only watched the 60 Minutes bit, then you missed the best pullquote from the NY Times article about the same:
Did you watch it ?? If not, do so…I am waiting to hear the counter argument…If I do not hear or read a plausible counter argument then it will just confirm what I have always felt about the stock market…Its driven and controlled by the big boys…Its why I don’t and never have owned any stocks…
I will add, no more nor less then what some hear consider corrupt real estate industry…
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Comment by jose canusi
2014-03-31 07:43:52
Lewis worked for the big boyz. In a way, he still does. All the info is in his books, right there for anyone to read. He’s made quite a career out of it.
By big and little guy they mean market makers not retail investors (us).
My commission on a 100 share trade, per share, might be ten cents per share, or more, sometimes much more. I’m not going to sweat someone squeezing out an extra penny or two.
On the other hand if there are a billion trades per day, and you make a penny off 60% of the trades and lose a penny 40% of the time, that adds up to a lot of profit per day…
The root cause is decimalization. When they priced shares in eighths thats too big of a jump for “safe” HFT, and if they traded in millionths of a penny profits would be too low to bother with HFT. So in a centrally controlled artificial market its no great surprised there’s bottom feeders grabbing nickels from in front of steamrollers.
“Its why I don’t and never have owned any stocks”
This is wise, at least at this time. We’re in a long term bubble as readers here know. A pretty good judge of when to buy and sell is buy when “Graham and Dodd” is respected, and sell when they are made fun of. And they’ve been made fun of for a long time… Fundamentals, who needs those to speculate? Just buy whatever everyone else is buying, because equities always go up. Its a great time to buy or sell your equities. You can always rely on the professional skill of your commissioned salesperson to make these complicated decisions for you.
The Coming Paradigm Shift on Climate - The American Thinker
By S. Fred Singer
The first IPCC report (1990) used an improbable statistical method to suggest that the warming of the early part of the 20th century was due to human-produced GH gases; no one believes this anymore.
The second assessment report of 1996, which led to the infamous 1997 Kyoto Protocol, manufactured the so-called “HotSpot,” a region of increased warming trend, with a maximum in the equatorial troposphere. That evidence has also disappeared: a detailed analysis (published in Nature 1996) showed that the hHotspot doesn’t even exist. In addition, the assumption that it constitutes a “fingerprint” for AGW is in error.
As a result of these two failed attempts to establish some kind of evidence for AGW, the third IPCC report (2001) latched on to the so-called “Hockeystick” graph, which claimed that only the 20th century showed unusual warming during the past 1000 years. However, further scrutiny demonstrated that the Hockeystick was also manufactured — “based on faulty data, erroneous statistical methods, and an inappropriate calibration method.” Even purely random data fed into the algorithm would produce a hockeystick.
So it seems that the true facts about global warming are gradually to light. It’s a pity that so many people have been deceived. Since it’s now being used as a political tool we’re going to hear about it over and over again. Just remember, all they want is more of you hard earned money.
By Ken Haapala, Executive Vice President, Science and Environmental Policy Project (SEPP)
NIPCC: More reports from the independent researchers of the Nongovernmental International Panel on Climate Change (NIPCC) are on the way. Volume 2 of Climate Change Reconsidered II: Biological Impacts is being published and the Summary for Policymakers is available on the web. No doubt this report will be in stark contrast with a report from the UN Intergovernmental Panel on Climate Change (IPCC), which covers some of the same material. The main difference is that the NIPCC includes material that the IPCC conveniently ignores. This material emphasizes the large benefits to plant life, the environment, and humanity from enhanced atmospheric carbon dioxide (CO2). If the UN IPCC report follows the patterns of the past, it will contain alarming comments of possible harms far in the future from enhanced atmospheric CO2 – catastrophic anthropogenic (man-made) global warming (CAGW). NIPCC has found no strong evidence that CAGW exists. The UN IPCC used models to make claims of future CAGW. But, the models have never been validated, thus are purely speculative, not scientific. See link under Challenging the Orthodoxy.
“Prof. S. Fred Singer founded the Science & Environmental Policy Project (SEPP) in 1990…. S. Fred Singer, acknowledged during a 1994 appearance on the television program Nightline that he had received funding from Exxon, Shell, Unocal and ARCO. He did not deny receiving funding on a number of occasions from the Rev. Sun Myung Moon.”
ExxonMobil donated $10,000 to SEPP both in 1998 [21] and 2000 [
Attack the person since you cannot refute the data. Age old tactic. Governments have made sure that anyone that will not support CAGW will not get funded so people need to get it from somewhere.
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Comment by RioAmericanInBrasil
2014-03-31 08:41:19
people need to get it from somewhere.
Yep. Follow the money.
ExxonMobil donated $10,000 to SEPP both in 1998 [21] and 2000 [
Comment by Ryan
2014-03-31 16:40:36
So $10k in 1998 and 2000 floated all of this guys research?
I would be interested to hear you talk about the funding sources that the people from the IPCC tap into.
Comment by RioAmericanInBrasil
2014-03-31 16:54:30
So $10k in 1998 and 2000 floated all of this guys research?
Good point. Look at the wiki page. They have almost no budget at all. Especially for science.
I would be interested to hear you talk about the funding sources that the people from the IPCC tap into.
I’m sure much more biased than ExxonMobil Shell, Unocal and ARCO.
What the science says…
Since the hockey stick paper in 1998, there have been a number of proxy studies analysing a variety of different sources including corals, stalagmites, tree rings, boreholes and ice cores. They all confirm the original hockey stick conclusion: the 20th century is the warmest in the last 1000 years and that warming was most dramatic after 1920.
An independent assessment of Mann’s hockey stick was conducted by the National Center for Atmospheric Research (Wahl 2007). They reconstructed temperatures employing a variety of statistical techniques (with and without principal components analysis). Their results found slightly different temperatures in the early 15th Century. However, they confirmed the principal results of the original hockey stick - that the warming trend and temperatures over the last few decades are unprecedented over at least the last 600 year
Mann will not release his data supporting the hockey stick so there is no way it can be verified, in fact he claims that it was lost.
I guess you lost the memo.
From above: Since the hockey stick paper in 1998, there have been a number of proxy studies analyzing a variety of different sources including corals, stalagmites, tree rings, boreholes and ice cores. They all confirm the original hockey stick conclusion: the 20th century is the warmest in the last 1000 years and that warming was most dramatic after 1920.
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Comment by Albuquerquedan
2014-03-31 08:33:15
Warmest in a thousand years and that proves something? It has been warmer by almost 2 C three or four times in the last 440,000 years. We also had a seventy year period in the 20th century where solar activity was the highest in 8000 years. Think there might be a connection? Sorry, just remembered you do not know how to think just regurgitate Democratic talking points as a paid troll.
Comment by RioAmericanInBrasil
2014-03-31 08:40:08
It has been warmer by almost 2 C three or four times in the last 440,000 years.
LOL. So what? That’s like saying it’s not hot at 105 degrees because the record is 110 degrees.
It’s climate “change” dude, on a planet that affects humans because we are affecting the climate.
Democratic talking points
Science does not vote Dem or Repub.
Comment by Albuquerquedan
2014-03-31 08:57:05
Science does not vote Dem or Repub.
No, but CAGW is not science it is religion . The religion of the left.
Comment by RioAmericanInBrasil
2014-03-31 09:00:15
CAGW is not science it is religion
Equating religion with math is silly.
Comment by Albuquerquedan
2014-03-31 09:37:39
LOL. So what? That’s like saying it’s not hot at 105 degrees because the record is 110 degrees.
No, it is like saying that nothing that is happening is outside the normal climatic cycle. If it does go above 2 C warmer then we would be outside the norm. What the CAGW crowd is saying is look it is hot on the 4th of July or look it is hotter at noon than it is at 6:00 a.m.
Comment by RioAmericanInBrasil
2014-03-31 13:54:11
What the CAGW crowd is saying is look it is hot on the 4th of July or look it is hotter at noon than it is at 6:00 a.m.
No what they are saying and proving is that there is man made climate change.
The academic at the centre of the ‘Climategate’ affair, whose raw data is crucial to the theory of climate change, has admitted that he has trouble ‘keeping track’ of the information.
Colleagues say that the reason Professor Phil Jones has refused Freedom of Information requests is that he may have actually lost the relevant papers.
Professor Jones told the BBC yesterday there was truth in the observations of colleagues that he lacked organisational skills, that his office was swamped with piles of paper and that his record keeping is ‘not as good as it should be’.
The data is crucial to the famous ‘hockey stick graph’ used by climate change advocates to support the theory.
Professor Jones also conceded the possibility that the world was warmer in medieval times than now – suggesting global warming may not be a man-made phenomenon.
And he said that for the past 15 years there has been no ‘statistically significant’ warming.
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Comment by RioAmericanInBrasil
2014-03-31 08:27:54
The data is crucial to the famous ‘hockey stick graph’ used by climate change advocates to support the theory.
Since the hockey stick paper in 1998, there have been a number of proxy studies analysing a variety of different sources including corals, stalagmites, tree rings, boreholes and ice cores. They all confirm the original hockey stick conclusion: the 20th century is the warmest in the last 1000 years and that warming was most dramatic after 1920.
Comment by Albuquerquedan
2014-03-31 08:50:52
Repeating a lie over and over again is a famous tactic of the national socialists of Germany and communists but it does not make it the truth. The Hockey stick cannot be confirmed without raw data and Mann who is being sued will not release it.
BTW, here is the link about how the third world wants $100 billion a year for the scam of CAGW:
Repeating a lie over and over again is a famous tactic of the national socialists of Germany and communists
So now you’re saying you’re a Communist?
An independent assessment of Mann’s hockey stick was conducted by the National Center for Atmospheric Research (Wahl 2007). They reconstructed temperatures employing a variety of statistical techniques (with and without principal components analysis). Their results found slightly different temperatures in the early 15th Century. However, they confirmed the principal results of the original hockey stick - that the warming trend and temperatures over the last few decades are unprecedented over at least the last 600 year
Comment by Common Sense
2014-03-31 10:22:24
Whatever one’s stance on climate change may be, I think we can all agree that filling the atmosphere and every body of water with pollutants is not good, period.
Comment by Albuquerquedan
2014-03-31 10:30:46
I think we can all agree that filling the atmosphere and
every body of water with pollutants is not good, period.
Of course, however co2 is not a pollutant despite the AGW defining it as a pollutant and the EPA going along and promoting the scam.
Comment by mathguy
2014-03-31 12:22:55
Careful, you might get some dihydrogen monoxide in your lungs and die! We should ban it, since even 1 liter of dihydrogen monoxide in your lungs could cause death.
Comment by RioAmericanInBrasil
2014-03-31 13:55:42
however co2 is not a pollutant
Except to 95% of the world’s scientific institutions dealing with the subject.
But you are smarter than all of them. Send them an email.
“Some demographers call it the browing of America. Fueled by immigration and higher birth rates among Hispanics and blacks, the U.S. population is becoming less white.
While America is becoming more diverse, most congressional districts represented by Republicans are overwhelmingly white, with relatively few minorities.
“That’s not going to last forever,” said William Frey, a demographer at the Brookings Institution. “Sooner or later, demography is not on the side of those places staying isolated.
Nationally, non-Hispanic whites make up 64 percent of the country, a share that has been declining for decades. Over the next 30 years, the Census Bureau projects that whites will lose their majority status. Racial and ethnic minorities already make up about half of all children under 5.”
Except for Norway due to its oil, all the Scandinavian countries were forced to cutback on the welfare state.
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Comment by RioAmericanInBrasil
2014-03-31 08:42:58
all the Scandinavian countries were forced to cutback on the welfare state.
So what? They found a good balance that takes care of their society better than ours. Pensions/Medical/Dental/Disability/long term care/maternity leave etc.
It’s all about balance.
Comment by Albuquerquedan
2014-03-31 08:58:29
When the average IQ in the U.S. is above 100 we can afford your version of socialism. However, we are not at 100 and we are heading in the wrong direction.
Because statists gonna state, and warmists gonna warm:
“The world’s leading environmental scientists told policymakers and business leaders Sunday that they must invest more to cope with climate change’s immediate effects and hedge against its most dire potential, even as they work to slow the emissions fueling global warming.”
“The world’s leading environmental scientists told policymakers and business leaders Sunday that they must invest more to cope with climate change’s immediate effects and hedge against its most dire potential, even as they work to slow the emissions fueling global warming.”
“Invest more” is just code for transfer more money to the U.N. for distribution and the U.N. is responsible for the report. The report is a very convenient lie. Still no explanation on why we are not warming when co2 is going through the ceiling and the models that are the basis for the report predicted rapid warming not a “pause”. Solar activity is still fairly active but will soon drop off and that is when the actual cooling will begin. They know that and are desperate to get the money before the cool down.
Lukewarmists are going to enjoy the increased co2 levels because in increases crop yields.
Comment by Albuquerquedan
2014-03-31 07:47:37
Keep the faith Goon, but from your favorite magazine the Guardian and a Drudge link:
Environmentalism has “become a religion” and does not pay enough attention to facts, according to James Lovelock.
The 94 year-old scientist, famous for his Gaia hypothesis that Earth is a self-regulating, single organism, also said that he had been too certain about the rate of global warming in his past book, that “it’s just as silly to be a [climate] denier as it is to be a believer” and that fracking and nuclear power should power the UK, not renewable sources such as windfarms.
Speaking to the Guardian for an interview ahead of a landmark UN climate science report on Monday on the impacts of climate change, Lovelock said of the warnings of climate catastrophe in his 2006 book, Revenge of Gaia: “I was a little too certain in that book. You just can’t tell what’s going to happen.”
“It [the impact from climate change] could be terrible within a few years, though that’s very unlikely, or it could be hundreds of years before the climate becomes unbearable,” he said.
Lovelock’s comments appear to be at odds with dire forecasts from a report by the Intergovernmental Panel on Climate Change on Monday, which leaked versions show will warn that even small temperature rises will bring “abrupt and irreversible changes” to natural systems, including Arctic sea ice and coral reefs.
Comment by Albuquerquedan
2014-03-31 08:02:56
China burns more than 4 billion tons of coal a year and the U.S. about 1 billion tons and we burn it much more cleanly. However, at least China is making a start on the clean up, this is the real issue but the globalists like the cheap production overseas where they invested their money:
Reuters)
Updated: 2014-03-31 11:26
Counter:10
China’s war on pollution is only a few weeks old, but the battle lines are already being drawn between Beijing and Hebei, the province most synonymous with dirty air.
A succession of Hebei officials used the annual session of parliament in Beijing this month to urge the central government to boost subsidies to help with job losses and other costs from mandated cuts in industrial production across the country. One local official said Hebei was taking on too much of the burden.
The pleas came after Premier Li Keqiang, in his opening address to parliament on March 5, declared war on pollution in an attempt to head off growing anger over the quality of China’s air, water and soil.
Hebei, which surrounds Beijing in the country’s north, was home to seven of China’s 10 most polluted cities last year. Researchers blame its steel, coal and cement plants for some of the hazardous smog that increasingly envelops the capital.
It is seen as a test of China’s determination to build a cleaner economy after a decades-long obsession with growth.
Gao Hongzhi, the Communist Party secretary of Handan, a key steel producing city, said Hebei was contributing 75 percent of the national reduction in steel capacity when it accounted for only a quarter of total output.
Hebei was also contributing 50 percent of coal consumption cuts and had been set emission reduction targets that were “much higher” than national levels, Gao told a meeting of parliamentary delegates in the days after Li spoke.
Such cuts in capacity in Handan alone would put 43,000 people out of work and cost 15 billion yuan ($2.41 billion) in “asset losses”, Gao said without elaborating.
“Once our tasks are completed, it won’t just be good for Hebei or the region - it will have a big impact and will make a huge contribution to the entire country,” Gao said at the meeting, which was attended by Reuters.
“We are asking for the state to provide policy support and funding to help with layoffs while we close outdated capacity and ease overproduction.”
Hebei has pledged to cut steel capacity by 60 million tonnes, more than a fifth of its total, from 2013 to the end of 2017. Coal consumption would be slashed by 40 million tonnes, around 15 percent of the total. It has also promised to cut major pollutants by around 25 percent.
Wang Yifang, former chairman of China’s biggest steelmaker, Hebei Iron and Steel, called for a stronger “subsidy mechanism” to cover the cost of shutdowns, according to documents made available by parliament.
Wang Zengli, chairman of the Hebei branch of the state-backed All China Federation of Trade Unions, urged the government to provide funds for high-tech sectors.
PAINFUL PROCESS
Hebei’s Communist Party chief, Zhou Benshun, suggested the province would get help.
“The structural adjustments are certainly going to be painful, but we can work to ease that pain as quickly as possible,” he said at the meeting of parliamentary delegates.
Beijing has already been paying compensation for several years to firms across China that demolish outdated steel facilities to meet new technical standards. The cuts to capacity are on top of that.
Local governments have already begun to shut old plants under the new targets, most recently the demolition of 6.71 million tonnes of iron smelting capacity in late February across Hebei.
Handan had closed eight steel smelters since last year, Gao said.
“This has brought about a series of problems that will affect social stability,” he said.
While local officials said Hebei was making a sacrifice, environmentalists say it has been given a free ride for too long, routinely allowing its industries to beat rivals by ignoring environmental regulations and industrial standards imposed by Beijing.
Critics also say Beijing has long turned a blind eye to Hebei’s excesses to avoid the risk of unemployed steel workers spilling over into the already strained capital.
With at least 16 steel firms stopping production, according to remarks by the Hebei governor earlier this month, those employment pressures have arrived.
($1 = 6.2122 Chinese Yuan)
Comment by RioAmericanInBrasil
2014-03-31 08:32:48
the increased co2 levels because in increases crop yields.
I know right?
Fox News claims pollution is good for the environment
Recently a program on the Fox News network called “America’s Newsroom with Bill Hemmer and Martha MacCallum” aired a segment which claimed that pollution was good for the environment. Fox also published an article on the very same subject, while citing a study recently completed by Auburn University. In typical fashion Fox chose to trumpet out of context facts to get attention, while off-handedly mentioning their entire segment’s premise was untrue.
The study was commissioned by the Department of Defense, and the university was given $2.4 million to carry it out. The purpose of the study was to develop a plan that sequesters carbon in longleaf pine forests on military bases, therefore reducing the amount of carbon in the atmosphere.
During the course of the study Auburn researchers concluded that pollution has temporarily increased the growth rate of trees in the South Eastern regions of America, which historically removes more carbon from the environment than it produces. The study also found that the cause of this growth will lead to ground level ozone increases, which can develop into a myriad of other environmental conditions.
So while the study concluded that pollution did help the trees grow, it also found the pollution would ultimatley damage the environment. Fox, staying true to form, elected to show a graphic for the entire segment (see image above article) which claimed “STUDY: POLLUTION HELPED GROW FORREST ACROSS SOUTHEAST U.S.”
The article that was published on Foxnews.com was even more slanted. In total it contained 300 words, of which over 250 were written before the author elected to disclose that the entire premise of the article was false, and that pollution was indeed not beneficial in the longterm to the environment.
“Invest more” is just code for transfer more money to the U.N. for distribution
When America sets policies for cleaner air it is not sending money to the UN, it is investing in cleaner air and our future.
If China would set policies for cleaner air it would not be sending money to the UN.
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Comment by Albuquerquedan
2014-03-31 08:41:28
No, all the CAGW agreements call for tens of billions of dollars to go from the West to sh#tholes like your alleged country.
Comment by goon squad
2014-03-31 09:03:03
Warmists gonna warm, Dannyboy
Comment by Albuquerquedan
2014-03-31 09:09:13
Warmists gonna warm, Dannyboy
We are all going to die, nobody gets out alive.
Comment by goon squad
2014-03-31 09:30:42
Warmists be warming it, Dannyboy.
You want to politicize this and I just wanna know how infinite growth is possible in a finite ecosystem.
Moon mining? 3D printing of food? Praying to Sky Wizard?
The capitalist model of growth for growth’s sake cannot continue indefinitely.
Comment by Albuquerquedan
2014-03-31 09:45:45
You want to politicize this and I just wanna know how infinite growth is possible in a finite ecosystem.
I never said that infinite growth is possible in a finite ecosystem. Remember I believe in peak oil, peak gold, etc. it even is part of my investment plan. However, CAGW is just a scam. Perhaps part of it is to make sure that their is enough coal and oil for China, and the rest of the developing nations, a way for the globalists to protect their investments in those countries. However, the answer to your questions does lie in the “finite ecosystem” obviously if the species is to survive past the life of the Sun, we will have to travel and live outside the Earth, thus the ecosystem will not be limited for ever. However, I do see us having difficulty between now and the time we have the technology to travel in space.
Pretty desperate aren’t they? If the science was truly on their side they would not need the power of government to shutdown their critics.
Comment by RioAmericanInBrasil
2014-03-31 13:57:45
If the science was truly on their side they would not need the power of government to shutdown their critics.
Give me the list of the jailed critics.
Comment by RioAmericanInBrasil
2014-03-31 15:43:50
I never said that infinite growth is possible in a finite ecosystem.
Oh BS Adan. You’ve totally said as much. You are like “Mr. Growth for Growth’s Sake”. Own it.
Example:
You slam Brazil because they’re now growing “only” 2% but when I point out that any Brazilian growth is being shared much more by the poor and middle-class than is the “growth” in America, you discount the concept.
You are totally like “Mr. Growth for Growth’s Sake”. Own it.
1. Another model of what is going to happen after we are all gone? I would suggest that significant population reduction causing events are not able to be modeled.
2. Silent Spring? DDT was some pretty nasty stuff. We don’t regret it being banned. Maybe West Nile Virus will change our mind.
3. Were Hitler, Stalin and Moa socialists? I think not.
4. Is such even possible in a society that worships psychopaths?
>The world’s leading environmental scientists told policymakers and business leaders Sunday that they must invest more to cope with climate change’s immediate effects and hedge against its most dire potential, even as they work to slow the emissions fueling global warming.
At this point they are no longer scientists reporting data, and are economic advisors. By saying we should invest more in their theory, they are also saying they know better how the money should be spent. So global warming scientist/politicians, its not whether we agree on the science, but on the policy. Your theory is nice, but we have other priorities. Feel free to donate your own money to the cause.
Alternatively, you could ask for a reduction in government and military spending, and a reduction in taxes on the people so we don’t have to work so hard and can therefore generate less carbon getting the same pay. Then I would be on board with your Global warming/climate change political agenda.
Federal tax rates have been trending down in the highest brackets for 4 decades. And USA has one of the lowest tax per GDP of almost any developed country.
Here’s the math and cool charts.
U.S. Federal Tax Rates (1913 - 2011) & Capital Gains (1988 - 2011)
“Police in Albuquerque clashed with demonstrators protesting a recent spate of police-involved shootings late Sunday, as the city’s mayor said that the situation had degenerated into “mayhem.”
“Since the Great Recession, the bland (often unstated) premise has been that the economy would ultimately recover in full. Now, some economists question this and argue that the economic crisis created — or exposed — enduring weaknesses. We’re at a turning point. Even when producing at “full capacity,” the economy will grow more slowly than in the past or than had been expected.”
There are still vacant commercial buildings here after 5 years ??
I went with a friend to Phenix about 8 years ago to see a small strip center he was purchasing…Typical strip…Walgreens with five or six small proprietor units…I was quite shocked to see the amount of commercial development that was obviously quite new…I came away asking myself how the heck can all these small businesses be supported…That was before the great recession…I have not ever asked my friend how his small center is pro-forming..I am kind of afraid to…
Whatchoo mean “we”, paleface? Lol. On a more serious side, the article I read basically led to the conclusion that it was “spirited” off to another destination by a deep state spook organization.
Agreed. Moral imperative? Our government is supposed to be concerned with the welfare of the citizenry. How does the shamnesty benefit ordinary American citizens? A: It does not.
If we can stave this shamnasty thing off long enuf (like through the rest of O’s term), maybe things will get bad enough so that there is no choice but to strongly enforce existing laws and eliminate birthright citizenship for the progeny of non-citizens, bring action against past frauds, etc.
‘Last week Congress overwhelmingly passed a bill approving a billion dollars in aid to Ukraine and more sanctions on Russia. The bill will likely receive the president’s signature within days. If you think this is the last time US citizens will have their money sent to Ukraine, you should think again. This is only the beginning.
This $1 billion for Ukraine is a rip-off for the America taxpayer, but it is also a bad deal for Ukrainians. Not a single needy Ukrainian will see a penny of this money, as it will be used to bail out international banks who hold Ukrainian government debt. According to the terms of the International Monetary Fund (IMF)-designed plan for Ukraine, life is about to get much more difficult for average Ukrainians. The government will freeze some wage increases, significantly raise taxes, and increase energy prices by a considerable margin.’
‘But the bankers will get paid and the IMF will get control over the Ukrainian economy.’
‘The bill also authorizes more US taxpayer money for government-funded “democracy promotion” NGOs, and more money to broadcast US government propaganda into Ukraine via Radio Free Europe and Voice of America. It also includes some saber-rattling, directing the US Secretary of State to “provide enhanced security cooperation with Central and Eastern European NATO member states.”
Last week Congress overwhelmingly passed a bill approving a billion dollars in aid to Ukraine and more sanctions on Russia. The bill will likely receive the president’s signature within days. If you think this is the last time US citizens will have their money sent to Ukraine, you should think again. This is only the beginning.
$1 Billion for Ukraine (aka banks holding Ukrainian debt) and not a dollar for Detroit…
I’m pretty sure that “aid” has plenty of strings attached to it. We get to set up even more military bases we can’t afford. And I’m sure we get to shove our political correctness down their throats, too.
I’ve got one word for Rio, in his comments yesterday he mentioned that Americans simply cannot understand how his city has 1st world and 3rd world right next to each other. And my word is “gentrification”. Oh we understand it, we understand it all too well.
Got multiple multimillion dollar condo buildings with panhandlers on every corner, gunfire on the street, cars broken into, shattered glass and garbage everywhere? Only a couple million bucks and they aren’t making more land anymore, better snap that up? We got more of that, than we know what to do with.
I don’t know where in America Rio hails from, but gentrification is true of DC. I think people have reached their tolerance for commuting. Suddenly somebody figured out that there are blocks and blocks of neighborhood blight within a long walk of the US Capitol building. Much was torn down for new offices and condos. For those who couldn’t afford being right down town, or didn’t want to be there during the transition, thousands of new condo towers are popping up around formerly dodgy Metro stations. One of yesterday’s articles touted that Wheaton (due north of town) was “slated for redevelopment.” That’s code for kicking out the illegals and building massive towers with a Safeway on the ground floor. Another old mall near a Metro station just got a Target to service another set of condo blocks.
That’s code for kicking out the illegals and building massive towers with a Safeway on the ground floor.
I’d like one with a Brazilian Steak House.
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Comment by Albuquerquedan
2014-03-31 10:38:15
I agree. BTW, today I listened to NPR and they had to admit that carnivores had it right. Excessive carbs are the real problem, particularly refined ones.
Well, either I can’t imagine how wild it must be in Rio, or you can’t imagine how wild it is in the USA. Or we’re both underestimating each other.
Do you have bodies being pulled out of the river and gang shootings right next to the multi-million dollar condos? Or a multi-million dollar condo with a great view of an environmentally contaminated gravel field, and really nothing else appealing about the view? We do. Do you have worse, hard as it is to imagine?
Or a multi-million dollar condo with a great view of an environmentally contaminated gravel field
Better. Multi-million dollar penthouse with a great view of South America’s biggest slum. Been there. The dude liked his view. I thought it was very depressing. I’d much rather look at gravel.
I don’t know where in America Rio hails from
I know America pretty well.
I’ve lived in 6 stated including The MidWest, The East Coast, West Coast and The Gulf Coast for a brief time.
I lived for many years in Nor and S California and I’ve been to 49 states. USA gentrification is not the same as Rio. I’m sure it can be even worse in certain parts of USA but on the whole, Rio is a different animal.
Wall Street Journal - The Long (Long) Wait to Be a Grandparent
As More Couples Delay Having Children, Ties Between Generations Are Feeling the Strain
“More individuals are waiting until their 30s and beyond to have their first child. Perhaps they want to get their finances or career in order first, find the right partner or take on other big projects like an advanced degree or world travel.
Whatever the reason, the result is that their parents have to wait longer for their first grandchild — perhaps to age 70 instead of age 60. They have to worry about whether they will be healthy enough to help out and enjoy the time they have with their grandchildren. Or if they’ll be alive at all.
Economics tells a big part of the story. In response to the recession, the U.S. fertility rate between 2007 and 2012 plunged to an all-time low, as women of all ages — except for those 35 and older — put off childbearing or opted against having children.
At the same time, the percentage of women ages 40 to 44 who have never given birth has nearly doubled to 18%, according to the Pew Research Center.
Amid the procrastination, the average age at which Americans first become grandparents is on the rise, as well. The proportion of women ages 60 to 64 with no grandchildren is expected to reach 25% by 2020, up from 10% in the 1990s.
In the end, the delays shortchange both grandparent and grandchild — at least according to older adults. That’s because, once a grandchild finally arrives, there is less time to develop close ties. And time that is spent together invariably feels rushed — even frantic.”
As much as I complain about the socialist hellhole of a state I live in, the primary reason my family remains here is that both sets of grand parents are within close proximity to us.
We rely upon them extensively: picking the kids up from school when we’re both at work, taking them to activities like swim team or karate, baby sitting when we’re away. My children even have sleepovers at the grand parents on a regular basis, allowing my wife and I to have some uninterrupted adult time.
The bond that our children have with both sets of grand parents is priceless and I couldn’t imagine not having them around. Of course, we started having kids at 30, which was just a few years later than when our parents had children. Wait until 40 or later? Forget it… no way the grand parents can help as much nor have the same kind of bond. We’re seeing that with my sister-in-law’s kids… They waited until almost 40 and my in-laws aren’t interested in helping take care of an infant at 60+.
Like Ancient Rome’s parties, the Democrats represent the rich and the poor, there is no room for a middle class in their politics. I wish the Republicans could be said to truly represent the middle class but they do not. Thus, the middle class is a political orphan.
34 years of SupplySide/Trickle-down gutted the middle class.
I wish we would have had more of it than the eight years of Reagan, it started and stopped under him. The Globalists were in charge prior to Reagan and took over after he left. Only the rhetoric stayed the same not the policies.
In the many eulogies to Ronald Reagan since his passing, virtually all acknowledge his role in defeating Soviet communism and reviving America’s self-confidence. But another aspect of Reagan’s record that should not be forgotten was his commitment to keeping America open to trade and immigration.
Reagan’s vision of an America open to commerce and peaceful, hardworking immigrants contradicts the anti-trade and anti-immigration views espoused by Lou Dobbs, Bill O’Reilly, Pat Buchanan, Rep. Tom Tancredo of Colorado, and many others who claim to speak for the conservative causes Reagan largely defined.
Reagan’s heart and head were clearly on the side of free trade. While president, he declared in 1986: “Our trade policy rests firmly on the foundation of free and open markets. I recognize … the inescapable conclusion that all of history has taught: The freer the flow of world trade, the stronger the tides of human progress and peace among nations.”
It was the Reagan administration that launched the Uruguay Round of multilateral trade negotiations in 1986 that lowered global tariffs and created the World Trade Organization. It was his administration that won approval of the U.S.-Canada Free Trade Agreement in 1988. That agreement soon expanded to include Mexico in what became the North American Free Trade Agreement, realizing a vision that Reagan first articulated in the 1980 campaign. It was Reagan who vetoed protectionist textile quota bills in 1985 and 1988.
During Reagan’s eight years in office, Americans eagerly expanded their engagement in the global economy. In 1980, the year before Reagan became president, Americans spent a total of $334 billion on imported goods and services and payments on foreign investment in the United States. By 1988, his last year in office, American spending in the global economy had nearly doubled, to $663 billion.
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Comment by Albuquerquedan
2014-03-31 09:50:47
Still having trouble understanding the difference between opinion and facts? Pat Buchanan understands the difference between Reagan and the Republicans after him.
Anybody that thinks Reagan would have let China destroy the industrial base of the U.S. does not understand Reagan. From Pat about Reagan, link will post soon:
When Reagan, a devout free trader, saw the U.S. auto industry sinking, he did not let ideology interfere with a rescue. He imposed quotas on imported Japanese cars and saved Detroit, though he was denounced for apostasy and heresy.
Comment by In Colorado
2014-03-31 10:52:28
He imposed quotas on imported Japanese cars and saved Detroit, though he was denounced for apostasy and heresy.
It was only on pickup trucks, and was easily circumvented by attaching the bed in a US “factory”. Cars got a pass, they never had a quota.
Comment by Albuquerquedan
2014-03-31 12:06:20
It went beyond that, he pressured Japan to limit exports until he had given the U.S. auto industry time to catch up.
From Wikipedia, you can thank Reagan for the establishment of the Japanese car market in the U.S. His negotiations lead to the voluntary limits on auto exports which then lead to the Japanese establishing plants in the U.S.
When the automobile industry in the United States was threatened by the popularity of cheaper more fuel efficient Japanese cars, a 1981 voluntary restraint agreement limited the Japanese to exporting 1.68 million cars to the U.S. annually as stipulated by U.S Government.[1] This quota was originally meant to expire after three years, in April 1984. However, with a growing trade deficit vis-à-vis Japan and under pressure from domestic manufacturers, the US government saw fit to extend the quotas for an additional year.[2] The cap was raised to 1.85 millions cars for this additional year, then to 2.3 million for 1985. The voluntary restraint was only finally removed in 1994.[3]
The Japanese automobile industry responded by establishing assembly plants or “transplants” in the United States (primarily in the Southern U.S. states where right-to-work laws exist as opposed to the Rust Belt states with established labor unions) to produce mass market vehicles. They also began exporting bigger, more expensive cars (soon under their newly formed luxury brands like Acura, Lexus, and Infiniti) in order to make more money from a limited number of cars.
Comment by Housing Analyst
2014-03-31 12:15:03
Haven’t you thrashed Lola enough?
Comment by Blue Skye
2014-03-31 12:53:16
Free trade would be great if it was balanced trade. A nation of debt donkeys cannot handle free trade wisely.
Comment by Albuquerquedan
2014-03-31 14:07:01
Haven’t you thrashed Lola enough?
Yes, time for the tag team. It is your turn to use the punching dummy.
Comment by RioAmericanInBrasil
2014-03-31 14:20:22
Haven’t you thrashed Lola enough?
You can’t trash Lola with lies and bad math or name calling. How could you? Your dealing with someone smart and informed.
Still having trouble understanding the difference between opinion and facts? (On Reagan being a globalist)
These facts? It was the Reagan administration that launched the Uruguay Round of multilateral trade negotiations in 1986 that lowered global tariffs and created the World Trade Organization. It was his administration that won approval of the U.S.-Canada Free Trade Agreement in 1988. That agreement soon expanded to include Mexico in what became the North American Free Trade Agreement, realizing a vision that Reagan first articulated in the 1980 campaign. It was Reagan who vetoed protectionist textile quota bills in 1985 and 1988.
Comment by RioAmericanInBrasil
2014-03-31 14:24:26
Anybody that thinks Reagan would have let China destroy the industrial base of the U.S. does not understand Reagan.
China came later, Reagan started to destroy our industrial base by this:
It was (Reagan’s) administration that won approval of the U.S.-Canada Free Trade Agreement in 1988. That agreement soon expanded to include Mexico in what became the North American Free Trade Agreement, realizing a vision that Reagan first articulated in the 1980 campaign. Cato Inst.
Comment by RioAmericanInBrasil
2014-03-31 14:46:02
Your dealing with someone smart and informed.
And spells poorly when he’s watching House of Cards.
I like this show on Netflix!
Comment by Housing Analyst
2014-03-31 18:10:44
I see Lola. You trannies really do have to delude yourselves.
Comment by Blue Skye
2014-03-31 20:48:04
“Your dealing with someone smart and informed.”
Sure, except mania only looks smart in the mirror. The rest of us can’t see it.
Taxes, NAFTA, and the most favored nation status is where you should be pointing the finger. offshoring my friend.. if that’s what you mean by trickle down, then maybe we agree on something.
Trust me, 50% tax rates on the middle class are NOT helping them get ahead. Is that really what democrats see as advancing the middle class… taxing them at 50%?
Mathguy, in 1913 when the 16th amendment was passed and the commie Riotards of that era decided everyone should be slaves, the maximum income tax rate at the federal level was 7%. Most states had no income tax then. The average American paid 1% of his income in taxes.
The retarded progressives loved to turn up the boiler gradually to this day where now federal and state income taxes total about 28% typically. But then you add the property taxes, sales taxes, gas taxes, capital gain taxes, dividend taxes, auto registration taxes, airport taxes, hotel taxes, car rental taxes, corporate taxes (which are passed off in higher prices to consumer) and you got their commie policies enslaving us.
You will never make it out of the country. You and your whole family will get tossed on the FEMA bus and trucked to Camp Feinstein, where less than half of you will be lucky to survive.
Comment by In Colorado
2014-03-31 10:49:20
Eso crees tu, gringo. Por que crees que tengo mas que una nacionalidad?
Comment by goon squad
2014-03-31 11:11:02
Stop talking in Mexican and get on the bus, arbeit macht frei!
Revolutions are started by those who had much to lose and had it taken away… if you’ve never had anything to lose, why would you be indignant over the loss, so much so that you would risk your life to right the wrong?
Hell, ancient history has plenty of examples: Look at the Gladiator Rebellion led by Spartacus. A free man serving in the Roman Auxiliary has everything he loves taken from him, so he revolts, raises an army and wrecks havoc on Rome. Those who fought with him? Slaves who fought for years in the arena and were content to live and die under such circumstances.
I wonder how long it is going to take economists to understand that more and more people are filing their taxes early and spending their refunds earlier? Even poor people are getting their earned income taxed credits earlier. Thus, economic activity is being shifted to the first quarter. I think a lot of economists are going to egg on their face when the second quarter is not stronger than the first.
It’s not the amount of dollars in income taxes that I should worry about. It’s my tax rate I should worry about.
The obvious way to reduce my tax rate is to realize more long term capital gains.
A colleague of mine is just a technician and has a $3,000,000 windfall to dip into at some point. He should be close to retirement age. A couple other people I know have had millions of bucks and they are just engineers. One from investing in his company stock. Should the Progressive hBB faction go hunt him down and shoot him (Rio, Polly, Oxide, etc)
I saw the talk of inverters yesterday with Bill. If you’re pulling a kilowatt from an inverter a size 24 deep cycle battery isn’t going to last very long. You wont get a day running a fridge at all I don’t think.
Since AC travels farther than DC without loss, you might want to think about just putting the 1kw inverter in a vehicle and running an extension cord to it. Also, car alternators put out a lot more power when spinning at high RPMs. Even though it’s 90 amp rated I don’t think it delivers that when car is idle. You can put a smaller pulley on it to spin it faster.
I had a truck where I mounted a 2kw inverter, 3 size 24 deep cycles in parallel. It was running a LCD projector, 2 or 3 really small computers with LCD touchscreens and a FreeBSD server which was probably a Pentium III or low end 4. I think with the 3 batteries in parallel I could get maybe 3 hours to 4 hours out of it. Burned out the alternator trying to charge em back up Was a fun truck tho — 72″ rear projection screen on the outside
Get a ham license and pick up a Beofeng UV-5R, better antenna and programming cable from Amazon or other internet retailer. Cheapest most capable radio out there! Won’t go far like a HF radio but also useful for FRS and GMRS.
Automotive alternators are not designed for prolonged high load. The “rating” is for very short periods. Our boat engines have more robust alternators and we limit their load with resistance to keep it under 30% of rating in long term operation. One deep cycle battery will run our big marine refrigerator for 24 hours dropping battery charge from 75% to 50% (which is our off-grid operating range). Lighting is all LED, so could run for weeks without charging up just for lights. How to make coffee without electricity is one of life’s most important questions.
Our survival strategy in a black out doesn’t depend on refrigeration at all. There is ample store of food that does not need refrigeration to last a couple of months. All my booze is distilled or red, so the refrigerator is really for luxuries.
Bill’s place has a balcony. I don’t think a running vehicle with an extension cord up to his floor would be exactly stealthy.
1) Servel cycle fridge
2)240v genset with propane conversion- Gasoline goes bad in 30 days. Alternately, a small 6kW oil fired genset if you can tolerate the noise. Trailer mounted welder/generator works too.
3) 500 gals of #2 fuel oil for when you run out of wood or for quick convenient heat
4) _ cords of wood under storage, primary heat
5) A friend with a small arsenal
6) Electric utilities are a fraud
I did read that charging AGM batteries from the alternator will likely wear down the alternator fast. Probably what happened to you.
My best buddy is a very experienced camper. I asked him about it and he was too busy to respond full, but the direction he is going in is to just not do it. Forget the inverter and alternator. He says drink the wine! He did mention something about having ice. I will have to wait until he is able to explain fully.
ft dot com
February 7, 2014 12:28 pm
Welcome to Bakersfield, California
By Gary Silverman How an ordinary town became one of the home foreclosure capitals of America
“You don’t know me but you don’t like me,
You say you care less how I feel.
How many of you that sit and judge me
Ever walked the streets of Bakersfield?”
Homer Joy, “Streets of Bakersfield”
On the spring day in 1988 when he turned 41, Carl Cole left the small town in North Carolina where he had grown up as a boy and fallen into disgrace as a man. With his wife and their two sons he headed out west, to Bakersfield, California, and prayed for something better. A Christian, Cole had seen miracles with his own eyes – believers speaking in tongues, the sick healed by faith alone – and he clung to the words of scripture promising that “all things work together for good to them that love God”.
Many things did come together, for a time. In southern California, Cole’s cup ran over. He worked hard, learnt how to sell real estate and grew wealthy. He wore Armani and Brioni, drove a Lamborghini, a Mercedes and a Corvette, biked in the mountains, smiled at the local television audiences at home and pursued a deal to build the tallest towers in the state between San Francisco and Los Angeles – all the while watching out for signs from up above, for direction from the Good Shepherd in whom he trusted.
But Cole lost his way – again. He became one of the people who helped cause the global financial crisis – which, as unlikely as it sounds, was the kind of thing that could happen to a God-fearing man selling houses in a hot property market such as Bakersfield in the past decade. Cole and his confederates found themselves facing the temptation of a lifetime. They could cheat people who knew less about their local property market than they did – out-of-town bankers who came to Bakersfield to buy mortgages to package into bonds, but left their brains back east, or wherever it was they came from. It was easy money for people who had known hard times, but it put Cole on the wrong side of the law. Banks that cheat people pay fines, but people who cheat banks do time – and in Cole’s case, he is now looking to do a lot of it.
Cole is to be sentenced on February 18 for his role in a mortgage fraud case that helped turn Bakersfield into one of the home foreclosure capitals of the US. He and 13 other people associated with his real estate firm – including his son Caleb, 38, and his business partner, David Crisp, 34 – have pleaded guilty in schemes that used fake or “straw” buyers to push up property prices in the boom, causing $30m in losses to banks in the bust. Under federal guidelines, Cole could be sent to prison for more than 15 years. Under his agreement with the government, his lawyer will ask for “no less” than eight. In any case, at 66, Cole faces another sad trip to another new place – prison – and the hard work of explaining to others and to himself how a country boy who got his second chance wound up making such a mess out of it.
“It was la vida loca,” Cole says. “It was a crazy life for while.”
…
I was driving home early Sunday morning through Bakersfield
Listening to gospel music on the colored radio station
And the preacher said, “You know you always have the
Lord by your side”
And I was so pleased to be informed of this that I
Cheated people who knew less about the local property market than I did
Thank you Jesus, thank you lord
I had an arrangement to meet a girl, and I was kind of late
And I thought by the time I got there she’d be off
She’d be off with the nearest Realtor she could find
Much to my surprise, there she was sittin in the corner
A little bleary, worse for wear and tear
Was a girl with sub-prime eyes
So if you’re down on your luck
And you can’t harmonize
Find a girl with sub-prime eyes
And if you’re downright disgusted
And life ain’t worth a dime
Get a girl with sub-prime eyes
Well the preacher kept right on saying that all I had to do was send ten dollars to the church of the sacred bleeding heart of Jesus
Located somewhere in Los Angeles, California
And next week they’d say my prayer on the radio
And all my dreams would come true
So I did, the next week, I sold a house to a girl
Well, you know what kind of eyes she got
So if you’re down on your luck
I know you all sympathize
Find a girl with sub-prime eyes
And if you’re downright disgusted
And life ain’t worth a dime
Get a girl with sub-prime eyes
I’m not commenting on the content (Obamacare) but the source (CBS local dot com). It’s one of those sh*ttily designed, slow loading, ad choked websites that crashes your browser.
Unlike many other Drudge links (Breitbart, Weekly Standard, Daily Caller, et cetera), CBS local has no obvious political slant. Drudge is getting paid to post those links.
But NPR played the story of a small business owner in NH who signed up for Obamacare and was happy because she couldn’t afford health insurance before and now can.
Liberals are cherry picking the winners in Obamacare to make the rest of the suckers more accepting of this garbage…
It’s probably the case that at least 3/4 of the rest of the insured population will also pay more for their health insurance this than than they paid last year. The cost of health insurance has been increasing much faster than the general rate of inflation. This has been going on for decades.
It’s probably the case that at least 3/4 of the rest of the insured population will also pay more for their health insurance this than than they paid last year.
Yea but I live in Brazil and my insurance even went up this year down here! The same year as Obamacare really went online. Coincidence? Not even.
I got a friend here who’s dad was a General during the Brazilian military dictatorship during the 70’s and his dad says Brazilian health insurance is going up because of ObamaCare.
It’s probably the case that at least 3/4 of the rest of the insured population will also pay more for their health insurance this than than they paid last year.
Given that has happened every year for the past 50 years, that it went up this year is hardly Earth shattering.
I grew up about 15 miles from Jeffrey Dahmer’s childhood home and we are both former students (although he never graduated) of Football Factory State University.
He certainly had the charisma to get them back to his apartment and in the door. If only he had put that effort into hosting open houses instead of killing and eating young gay black men.
Leland Yee Crusaded For Gun Control Before Indictment On Gun Charges
March 26, 2014 11:48 PM
SAN FRANCISCO (KPIX 5) — Before he was arrested and indicted on numerous federal charges Wednesday, including allegations of gun running, State Sen. Leland Yee was a major advocate for gun control and pushed to ban a device called a “bullet button.”
In 2012, KPIX 5 reported on what gun control advocates called a huge loophole in California’s ban on assault weapons. The reports focused on the bullet button, a device that gun manufacturers designed in order to legally sell guns such as the AR-15 in California.
The bullet button enables the magazine of a semi-automatic rifle to be removed quickly, with the tip of a bullet. Removable magazines in combination with other features like a pistol grip and telescoping stock are banned under California law. But the bullet button is legal because it doesn’t work with one’s finger, so the magazine is considered “fixed.”
In an interview on KPIX 5, Yee said that he was not going to be intimidated, because he believed so strongly in keeping guns out of the hands of bad guys.
“This is not an easy issue,” Yee said. “But I am a father, and I want our communities to be safe, and god forbid if one of these weapons fell into the wrong hands.”
According to Wednesday’s indictment, Yee is charged with conspiracy to deal firearms without a license, along with conspiracy to illegally transport firearms. He is also accused of running a scheme to defraud citizens on his services and wire fraud.
The government’s affidavit said that in August of 2013, at the same time Yee was pushing gun control laws, an undercover agent was being told the senator “had a contact who deals in arms trafficking.”
In January of this year, the affidavit said Yee told that same agent that the arms dealer “Has things that you guys want.”
The affidavit also said Yee claimed to know a weapons trafficker who he had known for years, who was supplying “cargo containers” of heavy weapons to Muslim rebels in the Philippines.
I would think it’s to bring down a plane. What in the heck kinda person is this?
(Comments wont nest below this level)
Comment by Housing Analyst
2014-03-31 19:43:51
Serious? He’s a politician Ben. He wants the cash. Every one of these mofo’s are on the take. All of them. And it doesn’t matter how they get it. Bringing harm to others is merely incidental.
Comment by Bill, just South of Irvine, CA
2014-03-31 20:29:29
The sad thing is that most Americans are gullible thinking no politician can be this bad, with obvious dark motives.
But…
“There is no distinctly American criminal class - except Congress.” - Mark Twain
He should have also added California state senators to the list.
Comment by Bill, just South of Irvine, CA
2014-03-31 20:30:51
Of course, the Clinton News Network ignored the story
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Had a thought when reading that more women have college degrees than men for people in their late 20s nowadays. Seems to me there arent a whole lot of “blue collar” jobs for women that arent minimum wage/making sammiches type jobs. Guys can go hvac, plumber, electrician, etc. and do ok - sometimes quite well for themselves and no sheepskin required. Am I just not seeing those equivalent jobs for women? From my observations of women in the work place over the last 2 decades they end up largely doing secretary type work (but do NOT call it that) which to me at most should be a 2 year degree and only if your high school education was worthless. Closest thing I can come up with is teaching but the pay isnt all that and it requires at least a 4 year degree and more and more “certifications” and random BS that seems to serve as a barrier to entry to those with a low tolerance for that nonsense. Plus you get to send a chunk of your meager earnings to a union that is run by morons at best.
I dont think I could convince a reasonably rational 15 year old male to go into teaching anything K-12, and that leaves the dregs teaching K-12. And we wonder why schools suck and kids have to take remedial classes in college. Its one giant f-ed up mobius strip where there’s a lot of movement but no one goes anywhere.
I guess my question is, where are we going with this? What great society lies at the end of this road, where kids/their parents drop high 5 figures/low 6 figures to get something that bears no relation to what they study and will takes years to recoup that money invested? Schools suck, job market sucks, economy sucks. Do we embrace the suck? Should I start loading up on Brawndo?
Why can’t women go into HVAC, plumbing, electrician jobs?
Yes – they are tough and physically jobs often in dirty, grimy and austere conditions (literally dealing with human waste all day). But men and women are equal in all things (except of course, for affirmative action). So have at it! Equal pay for equal work stuff. But you have to do the work.
You want better teachers? Get rid of the teacher’s union and have school choice. The better teachers would get a plethora of great choices, from great schools with better wages. The worst teachers would find another line of work.
For example – the Philadelphia School district is beyond broken and graduates students at a 50% literacy rate. Yet it spends over $14,000 per child/year. For an average class size of 24 student that over $335,000 per year/class.
from great schools with better wages.
School choice –> privitization. Privitization of a government program –> private schools take gov money, race to the bottom for teacher wages, and pocket the difference. No different than any other line of work.
I always ask liberals this question and I never get a real response.
If you were given $50,000 that you MUST invest for your retirement.
Would you:
A. Put the money into your social security account for the government to “keep safe?”
B. Put the money in your own name in your own IRA to be invested as you saw fit?
You ask the wrong question. Ask what they would do with MY money.
RN is a 2 yr prgram. also hygienist, radiology tech etc
The reason no liberal will give you an answer is because you ask a black and white question which is loaded to start another round of pre-approved talking points.
Blue Skye: You ask the wrong question. Ask what they would do with MY money.
“It was so cold this winter, I saw a politician with his hands in his OWN pockets.”
“It was so cold this winter, I saw a politician with his hands in his OWN pockets.”
It was so cold this winter, Lola played pocket pool in his own pockets.
It was so cold this winter, Lola played pocket pool in his own pockets.
Jeeezzzz.
You are………… JUST………NOT………..FUNNY……….
And I would totally appreciate good humor at my expense. Because it’s a casual blog, not a life’s big importance.
Why does it work in Sweden? And it true school choice, not just a few public schools organized like Charter schools:
http://www.heritage.org/research/reports/2010/03/school-choice-in-sweden-an-interview-with-thomas-idergard-of-timbro
BAHHHHHHHHHHHHHHHH
private school kids kick azs
compare your local 5th grade in Catholic school w the underpaid teachers to the local public school
compare your local 5th grade in Catholic school w the underpaid teachers to the local public school
Why are they underpaid if they are better?
Because the “free-market” has always needed regulation, nurturing and guidance. Without them, the “free-market” becomes a “TrickleDown/SupplySide” disaster compared to what once was. You know……Today’s America.
“except of course, for.. ” upper body strength.
Which is why my wife’s coworker moved out of sales and into fine finish carpentry rather than rough framing. Someone had to make the money hanging trim molding on the show kitchens in the multimillion dollar condos, and figured it would be her. And she likes kitchens, and is detail oriented, and likes money, so…
No idea how that turned out after the building bust and there’s about 3x too many carpenters for the work, even now. Maybe affirmative action saves her personally?
I think a female HVAC worker would have severe issues holding 75 pounds of ductwork over her head for 8 hours per day.
I will say if you see graybeards doing it, women can do it too. My uncle went into finish carpentry when he got too old to frame. And everything an industrial electrician or millwright does involves a crane, and women can push buttons on a crane controller just as well as men, and my personal bias is women are more safety conscious so I’d rather work with a female crane operator than a male, any day.
But yeah most plumbing, most electrician, most HVAC, most women are never going to have the upper body strength to pull that off. Many men can’t do it either.
Another issue I’ve seen and read about is women doing heavy physical work long term. Read an interesting interview w/ a female Army officer…she was a good athlete, got through all the training with her male counterparts OK but her body could not handle infantry duty long term. Have seen something similar in telecom work, outside jobs were opened to women years ago as they should have been but very few women work these jobs for a 30 year career, few can handle pole climbing, cable pulling, heavy lifting etc. for years on end…(as was said plenty of men can’t either OR could at one time but get fat, out of shape, etc.)
Many of the teachers I know, when asked why they work in the Public School System, say it’s because the pay and benefits are better than in private schools. However, many of those same teachers send their kids to private schools.
That was a big wake-up call for my wife and I: when you won’t send your kids to the schools where you work and are willing to pay thousands of dollars to send your children somewhere else. Doesn’t say much for the product you’re selling…
What good is a medical field career if people can’t pay for care??
Emergency room nurse or doctor… people can’t pay for care, they’ll wait until it is almost too late.
“I dont think I could convince a reasonably rational 15 year old male to go into teaching anything K-12″
As a dirty old man now experiencing the K-12 system by putting my kids thru it, before puberty I never noticed any of my teachers in that way, but I assure you that given that we graduate about two to three times as many teachers as we “need”, as near as my eyes tell me, the glass ceiling means the dirty old men in charge only hire the absolutely hottest ex-cheerleaders to be grade school teachers. Nothing but future trophy wives as far as the eye can see. Due to the awful working conditions almost all teachers burn out in a decade so that also means there are none older than 30 or so. To say its incredibly distracting to be a parent during parent-teacher conferences would be an understatement. It is literally like the semi-finals of a beauty pageant.
Now a young woman would have to be insane to go into K12 because they’re taking out massive loans in a field where we graduate a multiple of how many jobs are open much like lawyers, the glass ceiling means dirty old men are going to only hire the hottest 1/3 or so, the average career is only about as long as the average college degree before burnout is achieved, and there are no alternatives available after burnout other than maybe admin or trophy wife. Or for that matter a guy would have to be pretty nuts too to enter teaching. Then again if you can Dilbert PHB it pretty well, you’ve got it made in administration, we literally have as many admins as teachers and the admins don’t put up with or care about the kids at all or apparently do much of anything other than kiss up to each other and collect more money than the teachers are paid.
So tell a 15 year old male that if he can get into admin, he will have a 10 to 1 ratio of hot young female coworkers, and see what he thinks. At least from the outside, it sounds like a dream job, like being a playboy photographer or owning a gentleman’s club or something.
Some of my attitude is via graduating from a “hard science” STEM field program with no women. None graduated, anyway. Zero. Seriously. What is it about Thevenin’s theorem and Norton’s theorem and Fourier transforms and Ohm’s law that repels women so successfully, like if you could weaponize it, it would be a near ideal crowd control weapon for at least half the population? And then getting into IT/programming where women are extremely rare, because they’re too smart for salaried 13 hour days pounding out code, even if the pay is really good. Apparently all those women who should have gone into engineering went into education. So I’m sure there’s some “drooling starving wolves staring at a pile of raw meat” going on. Still, just show a teen boy the teaching staff at a typical grade school and ask if he would enjoy the company of those beautiful women coworkers and have summers off, or if he’d rather socialize with the all male IT neckbeard department for 13+ hour days.
When I was growing up, we had several male teachers in elementary school, more in junior high, and many more in high school. They were gradually replaced by young women. I thought it was because young women were more nurturing and mommy ish themselves. More importantly, they work for cheaper, either because they are fresh out school or because they have a husband in a high pay field. You used to be able to support a family on teaching. Now it’s seen as a secondary job for extra cash, especially in the “free market” private schools.
My M-I-L was an administrator in the LAUSD. She confirms many teachers are making 100k+ and working 9 months out of the year. Not all, many. So in Los Angeles at least, I call BS. The teachers unions have done a great job spinning the underpaid teacher crap.
The teachers unions have done a great job spinning the underpaid teacher crap.
Not half as good as the AMA. American “specialist” doctors are overpaid by multiples of what they’re “worth”. It’s a scam. They are overpaid period. The world and statistics prove it.
American “specialist” doctor’s pay is a joke compared to the rest of the big world out here. It’s fraud.
And then getting into IT/programming where women are extremely rare
————————–
That’s only true for US citizens. I’d guess I work with close to 50% women, but they are mostly foreign- Russian, Indian, Asian, European, South American, all of the above even some African. One of our major vendors is Israeli so an outsized number from Israel as well.
We even have some women in DBA/Sys admin type positions, but they are mostly East Asian Chinese, Japanese, etc.
I’d say only 20% of my classmates were female in college in my IT classes, so they import boatloads to make up the gap.
For roles like IT project management, sourcing, contracts, etc, it’s closer to like 75% women, mostly older as its a work-up position.
It’s interesting to see how different countries value jobs vs the US.
I have had male teachers and female teachers. Always preferred the hot looking female teachers as my day dreams made the class more interesting.
“With housing demand collapsed to 17 year lows, has the public finally realized that a house is a loss they’ll never recover from?”
Very likely.
High-frequency trading hurts regular customers, Michael Lewis tells ’60 Minutes’
March 30, 2014, 9:15 PM
The U.S. stock market is rigged to hurt the average investor and benefit high frequency traders, stock exchanges and large Wall Street banks, according to the author of the new book “Flash Boys: A Wall Street Revolt.”
This computer-based high-speed trading uses complex algorithms to move in and out of positions in fractions of a second. These HFTs give the big guys an edge that the little guys cannot compete with, says Michael Lewis, the famed Wall Street author in a new interview on “60 Minutes” that aired Sunday.
“High frequency traders have found ways to use their speed to gain an advantage that few understand,” says Lewis in the interview.
“They’re able to identify your desire to buy shares in Microsoft and buy them in front of you and sell them back to you at a higher price,” says Lewis. “The speed advantage that the faster traders have is milliseconds…fractions of milliseconds.”
…
Another conspiracy theory becomes fact.
What next? The Fed is propping the market? Commodities are manipulated?
Bigger and bigger goverment with more and more regulations with higher and higher taxes really just makes problems worse and worse…?
Yesterday, HBB actually had a good, informative, civil discussion about politics on both sides. Thank you for staying away. We couldn’t have done it with you.
Rule #1 of liberals.
Silence those who disagree with you.
The race card works. The “war on women” works. Class warfare works. Accuse them of starving kids and throwing grandma into the street (although I may have that backwards).
And lieerals use it frequently and lieerally.
‘Another conspiracy theory becomes fact’
You should understand the role this guy plays for the establishment. I knew something was up when he was on NPR TWICE the same afternoon, talking about the “great financial crisis” and wall street. Boy he let em’ have it. And at the end, he calmly told the hosts that we can’t possibly put any of these people in jail! It would stifle financial innovation! If he wasn’t an establishment hack you would even know he existed.
He is a safety valve that allows a little air out and the appearance of propriety to be kept. NPR types can tsk tsk and still do nothing more than continue to condemn the poor to hellhole inner city conditions full of drugs, crime and dependence.
Thanks!
I knew something was up when he was on NPR TWICE the same afternoon, talking about the “great financial crisis” and wall street.
He’s a puppet and I get that how he still never talks about the cheap money and the mighty fed. He’s a symptoms leaker but still got this out in the MSM, so that’s something I suppose.
Ben Jones: And at the end, he calmly told the hosts that we can’t possibly put any of these people in jail! It would stifle financial innovation!
1) Regulatory capture kills (Washington mud slide - warnings ignored, homes built in known-dangerous location).
2) Control fraud kills.
3) What exactly is financial innovation? Basically allowing Wall Street casinos to add new gambling products and have politicians insure the system on the backs of the taxpayer.
’still got this out in the MSM’
Of course he can. Who get’s interviewed twice the same afternoon about a book? Not that the interview ran twice, he was interviewed twice.
I suspect it works like this; guys in a smokey room know stuff is out there. They know someone is going to write books about it. So they think, let’s get our guy out there with a book and we can rely on him to say we shouldn’t even be prosecuted.
This is important too; Lewis didn’t keep these guys from being prosecuted; the feds did that. This is his small media role in creating the perception that we’ll all suffer if a wall street guy goes to prison. Holder then later says exactly that to congress when asked why no one has been prosecuted. That’s the underlying assumption to too big to fail.
“his small media role”
From which he has made big bux, from his books, movies, his articles, lecture fees, etc.. Maybe not as much as the Wall Street boyz, but he’s also gained a certain celebrity status out of it, while he holds up his hands and whines “Don’t shoot the messenger”.
If you only watched the 60 Minutes bit, then you missed the best pullquote from the NY Times article about the same:
========
http://www.nytimes.com/2014/04/06/magazine/flash-boys-michael-lewis.html?_r=1
Debt was a foreign concept in Canada. Debt was evil.
Yeah right.
“Rule #1 of liberals.”
Rule #1 of bought-and-paid Republitard political hacks: Accuse anyone who dares to question any of your extremist positions of being a librull.
Another conspiracy theory becomes fact ??
Did you watch it ?? If not, do so…I am waiting to hear the counter argument…If I do not hear or read a plausible counter argument then it will just confirm what I have always felt about the stock market…Its driven and controlled by the big boys…Its why I don’t and never have owned any stocks…
I will add, no more nor less then what some hear consider corrupt real estate industry…
Lewis worked for the big boyz. In a way, he still does. All the info is in his books, right there for anyone to read. He’s made quite a career out of it.
Don’t fear, just get on the train and ride it up with all of them. If you kept your money in stocks and rode out the fall you’d be sitting pretty now.
What could possibly go wrong?
“I am waiting to hear the counter argument”
By big and little guy they mean market makers not retail investors (us).
My commission on a 100 share trade, per share, might be ten cents per share, or more, sometimes much more. I’m not going to sweat someone squeezing out an extra penny or two.
On the other hand if there are a billion trades per day, and you make a penny off 60% of the trades and lose a penny 40% of the time, that adds up to a lot of profit per day…
The root cause is decimalization. When they priced shares in eighths thats too big of a jump for “safe” HFT, and if they traded in millionths of a penny profits would be too low to bother with HFT. So in a centrally controlled artificial market its no great surprised there’s bottom feeders grabbing nickels from in front of steamrollers.
“Its why I don’t and never have owned any stocks”
This is wise, at least at this time. We’re in a long term bubble as readers here know. A pretty good judge of when to buy and sell is buy when “Graham and Dodd” is respected, and sell when they are made fun of. And they’ve been made fun of for a long time… Fundamentals, who needs those to speculate? Just buy whatever everyone else is buying, because equities always go up. Its a great time to buy or sell your equities. You can always rely on the professional skill of your commissioned salesperson to make these complicated decisions for you.
‘This computer-based high-speed trading uses complex algorithms to move in and out of positions in fractions of a second. ‘
You can know the exact position of a stock but will always not know the exact price. I am fairly certain about that.
Heisenberg would have been proud.
The meth selling Heisenberg?
The Coming Paradigm Shift on Climate - The American Thinker
By S. Fred Singer
The first IPCC report (1990) used an improbable statistical method to suggest that the warming of the early part of the 20th century was due to human-produced GH gases; no one believes this anymore.
The second assessment report of 1996, which led to the infamous 1997 Kyoto Protocol, manufactured the so-called “HotSpot,” a region of increased warming trend, with a maximum in the equatorial troposphere. That evidence has also disappeared: a detailed analysis (published in Nature 1996) showed that the hHotspot doesn’t even exist. In addition, the assumption that it constitutes a “fingerprint” for AGW is in error.
As a result of these two failed attempts to establish some kind of evidence for AGW, the third IPCC report (2001) latched on to the so-called “Hockeystick” graph, which claimed that only the 20th century showed unusual warming during the past 1000 years. However, further scrutiny demonstrated that the Hockeystick was also manufactured — “based on faulty data, erroneous statistical methods, and an inappropriate calibration method.” Even purely random data fed into the algorithm would produce a hockeystick.
So it seems that the true facts about global warming are gradually to light. It’s a pity that so many people have been deceived. Since it’s now being used as a political tool we’re going to hear about it over and over again. Just remember, all they want is more of you hard earned money.
I believe I’m taxed enough already!
I can’t believe the hysteria that has broken out over “global warming”. We’re doomed! We’re all gonna die!
Meh. Another bankers’ scam.
“Another banker’s scam.”
More like a work of art.
Art Gore?
“Global warming” is romantic.
Much like the end of the world via a zombie outbreak.
The only difference between them is in the ability to tax.
1970s Global Cooling - Bigger and bigger goverment with more and more regulations with higher and higher taxes will solve this problem.
2000’s Global Warming - Bigger and bigger goverment with more and more regulations with higher and higher taxes will solve this problem.
This is all about one world government and shifting money around,I.e. Redistribution of wealth on a global scale!
one world government and shifting money around,I.e. Redistribution of wealth on a global scale! ??
I just ordered this book;
A Capitalism for the People: Recapturing the Lost Genius of American Prosperity…
Out of 42 reviews, 40 are 4 & 5 star….
From WUWT:
THIS WEEK:
By Ken Haapala, Executive Vice President, Science and Environmental Policy Project (SEPP)
NIPCC: More reports from the independent researchers of the Nongovernmental International Panel on Climate Change (NIPCC) are on the way. Volume 2 of Climate Change Reconsidered II: Biological Impacts is being published and the Summary for Policymakers is available on the web. No doubt this report will be in stark contrast with a report from the UN Intergovernmental Panel on Climate Change (IPCC), which covers some of the same material. The main difference is that the NIPCC includes material that the IPCC conveniently ignores. This material emphasizes the large benefits to plant life, the environment, and humanity from enhanced atmospheric carbon dioxide (CO2). If the UN IPCC report follows the patterns of the past, it will contain alarming comments of possible harms far in the future from enhanced atmospheric CO2 – catastrophic anthropogenic (man-made) global warming (CAGW). NIPCC has found no strong evidence that CAGW exists. The UN IPCC used models to make claims of future CAGW. But, the models have never been validated, thus are purely speculative, not scientific. See link under Challenging the Orthodoxy.
Science and Environmental Policy Project
“Prof. S. Fred Singer founded the Science & Environmental Policy Project (SEPP) in 1990…. S. Fred Singer, acknowledged during a 1994 appearance on the television program Nightline that he had received funding from Exxon, Shell, Unocal and ARCO. He did not deny receiving funding on a number of occasions from the Rev. Sun Myung Moon.”
ExxonMobil donated $10,000 to SEPP both in 1998 [21] and 2000 [
Attack the person since you cannot refute the data. Age old tactic. Governments have made sure that anyone that will not support CAGW will not get funded so people need to get it from somewhere.
people need to get it from somewhere.
Yep. Follow the money.
ExxonMobil donated $10,000 to SEPP both in 1998 [21] and 2000 [
So $10k in 1998 and 2000 floated all of this guys research?
I would be interested to hear you talk about the funding sources that the people from the IPCC tap into.
So $10k in 1998 and 2000 floated all of this guys research?
Good point. Look at the wiki page. They have almost no budget at all. Especially for science.
I would be interested to hear you talk about the funding sources that the people from the IPCC tap into.
I’m sure much more biased than ExxonMobil Shell, Unocal and ARCO.
Link to excerpt:
http://wattsupwiththat.com/2014/03/31/weekly-climate-and-energy-news-roundup-129/
further scrutiny demonstrated that the Hockeystick was also manufactured —
The hockeystick graph was proven correct by many methods since then.
What evidence is there for the hockey stick?
http://www.skepticalscience.com/broken-hockey-stick.htm
What the science says…
Since the hockey stick paper in 1998, there have been a number of proxy studies analysing a variety of different sources including corals, stalagmites, tree rings, boreholes and ice cores. They all confirm the original hockey stick conclusion: the 20th century is the warmest in the last 1000 years and that warming was most dramatic after 1920.
An independent assessment of Mann’s hockey stick was conducted by the National Center for Atmospheric Research (Wahl 2007). They reconstructed temperatures employing a variety of statistical techniques (with and without principal components analysis). Their results found slightly different temperatures in the early 15th Century. However, they confirmed the principal results of the original hockey stick - that the warming trend and temperatures over the last few decades are unprecedented over at least the last 600 year
Mann will not release his data supporting the hockey stick so there is no way it can be verified, in fact he claims that it was lost.
http://www.dailymail.co.uk/news/article-1250872/Climategate-U-turn-Astonishment-scientist-centre-global-warming-email-row-admits-data-organised.html#ixzz0fdBBaWAt
Mann will not release his data supporting the hockey stick so there is no way it can be verified, in fact he claims that it was lost.
I guess you lost the memo.
From above:
Since the hockey stick paper in 1998, there have been a number of proxy studies analyzing a variety of different sources including corals, stalagmites, tree rings, boreholes and ice cores. They all confirm the original hockey stick conclusion: the 20th century is the warmest in the last 1000 years and that warming was most dramatic after 1920.
Warmest in a thousand years and that proves something? It has been warmer by almost 2 C three or four times in the last 440,000 years. We also had a seventy year period in the 20th century where solar activity was the highest in 8000 years. Think there might be a connection? Sorry, just remembered you do not know how to think just regurgitate Democratic talking points as a paid troll.
It has been warmer by almost 2 C three or four times in the last 440,000 years.
LOL. So what? That’s like saying it’s not hot at 105 degrees because the record is 110 degrees.
It’s climate “change” dude, on a planet that affects humans because we are affecting the climate.
Democratic talking points
Science does not vote Dem or Repub.
Science does not vote Dem or Repub.
No, but CAGW is not science it is religion . The religion of the left.
CAGW is not science it is religion
Equating religion with math is silly.
LOL. So what? That’s like saying it’s not hot at 105 degrees because the record is 110 degrees.
No, it is like saying that nothing that is happening is outside the normal climatic cycle. If it does go above 2 C warmer then we would be outside the norm. What the CAGW crowd is saying is look it is hot on the 4th of July or look it is hotter at noon than it is at 6:00 a.m.
What the CAGW crowd is saying is look it is hot on the 4th of July or look it is hotter at noon than it is at 6:00 a.m.
No what they are saying and proving is that there is man made climate change.
Excerpt from link about to post:
The academic at the centre of the ‘Climategate’ affair, whose raw data is crucial to the theory of climate change, has admitted that he has trouble ‘keeping track’ of the information.
Colleagues say that the reason Professor Phil Jones has refused Freedom of Information requests is that he may have actually lost the relevant papers.
Professor Jones told the BBC yesterday there was truth in the observations of colleagues that he lacked organisational skills, that his office was swamped with piles of paper and that his record keeping is ‘not as good as it should be’.
The data is crucial to the famous ‘hockey stick graph’ used by climate change advocates to support the theory.
Professor Jones also conceded the possibility that the world was warmer in medieval times than now – suggesting global warming may not be a man-made phenomenon.
And he said that for the past 15 years there has been no ‘statistically significant’ warming.
The data is crucial to the famous ‘hockey stick graph’ used by climate change advocates to support the theory.
Since the hockey stick paper in 1998, there have been a number of proxy studies analysing a variety of different sources including corals, stalagmites, tree rings, boreholes and ice cores. They all confirm the original hockey stick conclusion: the 20th century is the warmest in the last 1000 years and that warming was most dramatic after 1920.
Repeating a lie over and over again is a famous tactic of the national socialists of Germany and communists but it does not make it the truth. The Hockey stick cannot be confirmed without raw data and Mann who is being sued will not release it.
BTW, here is the link about how the third world wants $100 billion a year for the scam of CAGW:
http://www.usnews.com/opinion/articles/2013/10/03/the-united-nations-green-climate-fund-and-the-private-sector-can-fight-global-warming
Repeating a lie over and over again is a famous tactic of the national socialists of Germany and communists
So now you’re saying you’re a Communist?
An independent assessment of Mann’s hockey stick was conducted by the National Center for Atmospheric Research (Wahl 2007). They reconstructed temperatures employing a variety of statistical techniques (with and without principal components analysis). Their results found slightly different temperatures in the early 15th Century. However, they confirmed the principal results of the original hockey stick - that the warming trend and temperatures over the last few decades are unprecedented over at least the last 600 year
Whatever one’s stance on climate change may be, I think we can all agree that filling the atmosphere and every body of water with pollutants is not good, period.
I think we can all agree that filling the atmosphere and
every body of water with pollutants is not good, period.
Of course, however co2 is not a pollutant despite the AGW defining it as a pollutant and the EPA going along and promoting the scam.
Careful, you might get some dihydrogen monoxide in your lungs and die! We should ban it, since even 1 liter of dihydrogen monoxide in your lungs could cause death.
however co2 is not a pollutant
Except to 95% of the world’s scientific institutions dealing with the subject.
But you are smarter than all of them. Send them an email.
And it was deadly to early life forms on Earth.
Permanent Democrat Supermajority:
“Some demographers call it the browing of America. Fueled by immigration and higher birth rates among Hispanics and blacks, the U.S. population is becoming less white.
While America is becoming more diverse, most congressional districts represented by Republicans are overwhelmingly white, with relatively few minorities.
“That’s not going to last forever,” said William Frey, a demographer at the Brookings Institution. “Sooner or later, demography is not on the side of those places staying isolated.
Nationally, non-Hispanic whites make up 64 percent of the country, a share that has been declining for decades. Over the next 30 years, the Census Bureau projects that whites will lose their majority status. Racial and ethnic minorities already make up about half of all children under 5.”
http://www.denverpost.com/breakingnews/ci_25456506/gop-districts-isolated-from-demographic-changes
What happens when whitey - in total, as a race - doesn’t have the assets for non-whitey come 2050?
How will the Democrat Supermajority afford social programs come 2050? Whose money will they tax or take? Not whitey’s. They won’t have much.
How does socialism survive when there’s no money left to take?
And, will non-whitey remain securely in the Democrat Supermajority camp when it comes to the point of having their assets taken?
You’re not supposed to ask these kind of questions because it’s racis.
Slap a COEXIST sticker on it and go watch the Super Bowl Coke commercial.
What happens when whitey - in total, as a race - doesn’t have the assets for non-whitey
Non-whitey will have assets for whitey. Is that not obvious?
How does “socialism” survive when there’s no money left to take?
Ask Scandinavia.
Except for Norway due to its oil, all the Scandinavian countries were forced to cutback on the welfare state.
all the Scandinavian countries were forced to cutback on the welfare state.
So what? They found a good balance that takes care of their society better than ours. Pensions/Medical/Dental/Disability/long term care/maternity leave etc.
It’s all about balance.
When the average IQ in the U.S. is above 100 we can afford your version of socialism. However, we are not at 100 and we are heading in the wrong direction.
Because statists gonna state, and warmists gonna warm:
“The world’s leading environmental scientists told policymakers and business leaders Sunday that they must invest more to cope with climate change’s immediate effects and hedge against its most dire potential, even as they work to slow the emissions fueling global warming.”
http://www.washingtonpost.com/business/economy/un-climate-panel-governments-businesses-need-to-take-action-now-against-growing-risks/2014/03/30/0feb5cba-b788-11e3-b84e-897d3d12b816_story.html
Infinite growth is not possible in a finite ecosystem.
Note to humanoids: you are not God’s pets.
Happy Monday and enjoy the die-off
1. The world population is going to peak in the next 30-50 years (depending on what model you look at).
2. Every doomsday scenario have been proven wrong from “Silent Spring” to Al Gore.
3. Every mass starvation event in the last 100 years has been caused by a socialist government for political purposes.
4. It is amazing what the free market can do to overcome limitations that, today, we think insurmountable.
“The world’s leading environmental scientists told policymakers and business leaders Sunday that they must invest more to cope with climate change’s immediate effects and hedge against its most dire potential, even as they work to slow the emissions fueling global warming.”
“Invest more” is just code for transfer more money to the U.N. for distribution and the U.N. is responsible for the report. The report is a very convenient lie. Still no explanation on why we are not warming when co2 is going through the ceiling and the models that are the basis for the report predicted rapid warming not a “pause”. Solar activity is still fairly active but will soon drop off and that is when the actual cooling will begin. They know that and are desperate to get the money before the cool down.
Warmists gonna warm, Dannyboy.
Lukewarmists are going to enjoy the increased co2 levels because in increases crop yields.
Keep the faith Goon, but from your favorite magazine the Guardian and a Drudge link:
Environmentalism has “become a religion” and does not pay enough attention to facts, according to James Lovelock.
The 94 year-old scientist, famous for his Gaia hypothesis that Earth is a self-regulating, single organism, also said that he had been too certain about the rate of global warming in his past book, that “it’s just as silly to be a [climate] denier as it is to be a believer” and that fracking and nuclear power should power the UK, not renewable sources such as windfarms.
Speaking to the Guardian for an interview ahead of a landmark UN climate science report on Monday on the impacts of climate change, Lovelock said of the warnings of climate catastrophe in his 2006 book, Revenge of Gaia: “I was a little too certain in that book. You just can’t tell what’s going to happen.”
“It [the impact from climate change] could be terrible within a few years, though that’s very unlikely, or it could be hundreds of years before the climate becomes unbearable,” he said.
Lovelock’s comments appear to be at odds with dire forecasts from a report by the Intergovernmental Panel on Climate Change on Monday, which leaked versions show will warn that even small temperature rises will bring “abrupt and irreversible changes” to natural systems, including Arctic sea ice and coral reefs.
China burns more than 4 billion tons of coal a year and the U.S. about 1 billion tons and we burn it much more cleanly. However, at least China is making a start on the clean up, this is the real issue but the globalists like the cheap production overseas where they invested their money:
Reuters)
Updated: 2014-03-31 11:26
Counter:10
China’s war on pollution is only a few weeks old, but the battle lines are already being drawn between Beijing and Hebei, the province most synonymous with dirty air.
A succession of Hebei officials used the annual session of parliament in Beijing this month to urge the central government to boost subsidies to help with job losses and other costs from mandated cuts in industrial production across the country. One local official said Hebei was taking on too much of the burden.
The pleas came after Premier Li Keqiang, in his opening address to parliament on March 5, declared war on pollution in an attempt to head off growing anger over the quality of China’s air, water and soil.
Hebei, which surrounds Beijing in the country’s north, was home to seven of China’s 10 most polluted cities last year. Researchers blame its steel, coal and cement plants for some of the hazardous smog that increasingly envelops the capital.
It is seen as a test of China’s determination to build a cleaner economy after a decades-long obsession with growth.
Gao Hongzhi, the Communist Party secretary of Handan, a key steel producing city, said Hebei was contributing 75 percent of the national reduction in steel capacity when it accounted for only a quarter of total output.
Hebei was also contributing 50 percent of coal consumption cuts and had been set emission reduction targets that were “much higher” than national levels, Gao told a meeting of parliamentary delegates in the days after Li spoke.
Such cuts in capacity in Handan alone would put 43,000 people out of work and cost 15 billion yuan ($2.41 billion) in “asset losses”, Gao said without elaborating.
“Once our tasks are completed, it won’t just be good for Hebei or the region - it will have a big impact and will make a huge contribution to the entire country,” Gao said at the meeting, which was attended by Reuters.
“We are asking for the state to provide policy support and funding to help with layoffs while we close outdated capacity and ease overproduction.”
Hebei has pledged to cut steel capacity by 60 million tonnes, more than a fifth of its total, from 2013 to the end of 2017. Coal consumption would be slashed by 40 million tonnes, around 15 percent of the total. It has also promised to cut major pollutants by around 25 percent.
Wang Yifang, former chairman of China’s biggest steelmaker, Hebei Iron and Steel, called for a stronger “subsidy mechanism” to cover the cost of shutdowns, according to documents made available by parliament.
Wang Zengli, chairman of the Hebei branch of the state-backed All China Federation of Trade Unions, urged the government to provide funds for high-tech sectors.
PAINFUL PROCESS
Hebei’s Communist Party chief, Zhou Benshun, suggested the province would get help.
“The structural adjustments are certainly going to be painful, but we can work to ease that pain as quickly as possible,” he said at the meeting of parliamentary delegates.
Beijing has already been paying compensation for several years to firms across China that demolish outdated steel facilities to meet new technical standards. The cuts to capacity are on top of that.
Local governments have already begun to shut old plants under the new targets, most recently the demolition of 6.71 million tonnes of iron smelting capacity in late February across Hebei.
Handan had closed eight steel smelters since last year, Gao said.
“This has brought about a series of problems that will affect social stability,” he said.
While local officials said Hebei was making a sacrifice, environmentalists say it has been given a free ride for too long, routinely allowing its industries to beat rivals by ignoring environmental regulations and industrial standards imposed by Beijing.
Critics also say Beijing has long turned a blind eye to Hebei’s excesses to avoid the risk of unemployed steel workers spilling over into the already strained capital.
With at least 16 steel firms stopping production, according to remarks by the Hebei governor earlier this month, those employment pressures have arrived.
($1 = 6.2122 Chinese Yuan)
the increased co2 levels because in increases crop yields.
I know right?
Fox News claims pollution is good for the environment
http://www.examiner.com/article/fox-news-claims-pollution-is-good-for-the-emviroment
Recently a program on the Fox News network called “America’s Newsroom with Bill Hemmer and Martha MacCallum” aired a segment which claimed that pollution was good for the environment. Fox also published an article on the very same subject, while citing a study recently completed by Auburn University. In typical fashion Fox chose to trumpet out of context facts to get attention, while off-handedly mentioning their entire segment’s premise was untrue.
The study was commissioned by the Department of Defense, and the university was given $2.4 million to carry it out. The purpose of the study was to develop a plan that sequesters carbon in longleaf pine forests on military bases, therefore reducing the amount of carbon in the atmosphere.
During the course of the study Auburn researchers concluded that pollution has temporarily increased the growth rate of trees in the South Eastern regions of America, which historically removes more carbon from the environment than it produces. The study also found that the cause of this growth will lead to ground level ozone increases, which can develop into a myriad of other environmental conditions.
So while the study concluded that pollution did help the trees grow, it also found the pollution would ultimatley damage the environment. Fox, staying true to form, elected to show a graphic for the entire segment (see image above article) which claimed “STUDY: POLLUTION HELPED GROW FORREST ACROSS SOUTHEAST U.S.”
The article that was published on Foxnews.com was even more slanted. In total it contained 300 words, of which over 250 were written before the author elected to disclose that the entire premise of the article was false, and that pollution was indeed not beneficial in the longterm to the environment.
“Invest more” is just code for transfer more money to the U.N. for distribution
When America sets policies for cleaner air it is not sending money to the UN, it is investing in cleaner air and our future.
If China would set policies for cleaner air it would not be sending money to the UN.
No, all the CAGW agreements call for tens of billions of dollars to go from the West to sh#tholes like your alleged country.
Warmists gonna warm, Dannyboy
Warmists gonna warm, Dannyboy
We are all going to die, nobody gets out alive.
Warmists be warming it, Dannyboy.
You want to politicize this and I just wanna know how infinite growth is possible in a finite ecosystem.
Moon mining? 3D printing of food? Praying to Sky Wizard?
The capitalist model of growth for growth’s sake cannot continue indefinitely.
You want to politicize this and I just wanna know how infinite growth is possible in a finite ecosystem.
I never said that infinite growth is possible in a finite ecosystem. Remember I believe in peak oil, peak gold, etc. it even is part of my investment plan. However, CAGW is just a scam. Perhaps part of it is to make sure that their is enough coal and oil for China, and the rest of the developing nations, a way for the globalists to protect their investments in those countries. However, the answer to your questions does lie in the “finite ecosystem” obviously if the species is to survive past the life of the Sun, we will have to travel and live outside the Earth, thus the ecosystem will not be limited for ever. However, I do see us having difficulty between now and the time we have the technology to travel in space.
http://www.infowars.com/liberal-fascist-calls-for-global-warming-skeptics-to-be-arrested/
Pretty desperate aren’t they? If the science was truly on their side they would not need the power of government to shutdown their critics.
If the science was truly on their side they would not need the power of government to shutdown their critics.
Give me the list of the jailed critics.
I never said that infinite growth is possible in a finite ecosystem.
Oh BS Adan. You’ve totally said as much. You are like “Mr. Growth for Growth’s Sake”. Own it.
Example:
You slam Brazil because they’re now growing “only” 2% but when I point out that any Brazilian growth is being shared much more by the poor and middle-class than is the “growth” in America, you discount the concept.
You are totally like “Mr. Growth for Growth’s Sake”. Own it.
1. Another model of what is going to happen after we are all gone? I would suggest that significant population reduction causing events are not able to be modeled.
2. Silent Spring? DDT was some pretty nasty stuff. We don’t regret it being banned. Maybe West Nile Virus will change our mind.
3. Were Hitler, Stalin and Moa socialists? I think not.
4. Is such even possible in a society that worships psychopaths?
Mao.
Obamao?
>The world’s leading environmental scientists told policymakers and business leaders Sunday that they must invest more to cope with climate change’s immediate effects and hedge against its most dire potential, even as they work to slow the emissions fueling global warming.
At this point they are no longer scientists reporting data, and are economic advisors. By saying we should invest more in their theory, they are also saying they know better how the money should be spent. So global warming scientist/politicians, its not whether we agree on the science, but on the policy. Your theory is nice, but we have other priorities. Feel free to donate your own money to the cause.
Alternatively, you could ask for a reduction in government and military spending, and a reduction in taxes on the people so we don’t have to work so hard and can therefore generate less carbon getting the same pay. Then I would be on board with your Global warming/climate change political agenda.
and a reduction in taxes on the people
Federal tax rates have been trending down in the highest brackets for 4 decades. And USA has one of the lowest tax per GDP of almost any developed country.
Here’s the math and cool charts.
U.S. Federal Tax Rates (1913 - 2011) & Capital Gains (1988 - 2011)
http://www.verisi.com/resources/us-marginal-tax-rates.htm
Is it “go time” yet?
“Police in Albuquerque clashed with demonstrators protesting a recent spate of police-involved shootings late Sunday, as the city’s mayor said that the situation had degenerated into “mayhem.”
http://www.foxnews.com/us/2014/03/31/protesters-converge-on-albuquerque-streets-over-police-shooting/
“mayhem.”
Who is committing the “mayhem”?
Anyway this is encouraging. Back to the ’70s!
Real journalists trash Rand Paul for not being enough of a slobbering Israel lover:
http://www.washingtonpost.com/blogs/right-turn/wp/2014/03/30/rand-paul-trashed-military-option-for-iran-and-blamed-the-u-s-for-wwii/
Got progressive/neocon warmongers?
More good news for a Monday:
“Since the Great Recession, the bland (often unstated) premise has been that the economy would ultimately recover in full. Now, some economists question this and argue that the economic crisis created — or exposed — enduring weaknesses. We’re at a turning point. Even when producing at “full capacity,” the economy will grow more slowly than in the past or than had been expected.”
http://www.washingtonpost.com/opinions/robert-j-samuelson-has-the-us-economy-entered-a-permanent-slowdown/2014/03/30/759fb30a-b77c-11e3-b84e-897d3d12b816_story.html
Welcome to the recoveryless recovery
The printing of money to shore up banks who had massive losses is really the only thing that I can see that has changed.
There are still vacant commercial buildings here after 5 years.
one restaurant goes under and another one opens up shortly after.
now we have hope of another real estate boom. Boom = privatized gains bust = print more money to soak up the losses
There are still vacant commercial buildings here after 5 years ??
I went with a friend to Phenix about 8 years ago to see a small strip center he was purchasing…Typical strip…Walgreens with five or six small proprietor units…I was quite shocked to see the amount of commercial development that was obviously quite new…I came away asking myself how the heck can all these small businesses be supported…That was before the great recession…I have not ever asked my friend how his small center is pro-forming..I am kind of afraid to…
scdave.
Some areas have rebounded well. Others not so much. Remember location, location location.
“Location” is just another worn out realtor marketing technique to get the target to pay far more than the house is worth.
HA,
If you build houses, don’t the houses in the best locations sell better and for more money?
There is no “if”. We build everything and we bid our work.
Hey, boyz n’ girlz, where’s Waldo?
That plane was “disappeared”. You know it, I know it and the American people know it. (ht Bob Dole)
After reading the Gordon Duff article, I’m wondering if it was a slap at China?
You mean we shot it down?
Whatchoo mean “we”, paleface? Lol. On a more serious side, the article I read basically led to the conclusion that it was “spirited” off to another destination by a deep state spook organization.
Pimping the Shamnesty
Wall Street Journal - Immigration Reform is a Moral Imperative
http://online.wsj.com/news/articles/SB10001424052702304185104579437203436109732
Got MS-13?
LOLZ
What a complete load. After reading that, I went and had a conversation with Ralph and Buey on the Great White Telephone.
Agreed. Moral imperative? Our government is supposed to be concerned with the welfare of the citizenry. How does the shamnesty benefit ordinary American citizens? A: It does not.
How does the shamnesty benefit ordinary American citizens?
Democrats get new votes.
Republicans & corporations get cheap labor.
Both sides win.
http://news.yahoo.com/maybe-bailing-immigration-reform-actually-worked-well-republicans-143857444.html
If we can stave this shamnasty thing off long enuf (like through the rest of O’s term), maybe things will get bad enough so that there is no choice but to strongly enforce existing laws and eliminate birthright citizenship for the progeny of non-citizens, bring action against past frauds, etc.
‘Last week Congress overwhelmingly passed a bill approving a billion dollars in aid to Ukraine and more sanctions on Russia. The bill will likely receive the president’s signature within days. If you think this is the last time US citizens will have their money sent to Ukraine, you should think again. This is only the beginning.
This $1 billion for Ukraine is a rip-off for the America taxpayer, but it is also a bad deal for Ukrainians. Not a single needy Ukrainian will see a penny of this money, as it will be used to bail out international banks who hold Ukrainian government debt. According to the terms of the International Monetary Fund (IMF)-designed plan for Ukraine, life is about to get much more difficult for average Ukrainians. The government will freeze some wage increases, significantly raise taxes, and increase energy prices by a considerable margin.’
‘But the bankers will get paid and the IMF will get control over the Ukrainian economy.’
‘The bill also authorizes more US taxpayer money for government-funded “democracy promotion” NGOs, and more money to broadcast US government propaganda into Ukraine via Radio Free Europe and Voice of America. It also includes some saber-rattling, directing the US Secretary of State to “provide enhanced security cooperation with Central and Eastern European NATO member states.”
“The government will freeze some wage increases, significantly raise taxes, and increase energy prices by a considerable margin.’”
Enslavement comes in many forms but the most effective is using debt.
Last week Congress overwhelmingly passed a bill approving a billion dollars in aid to Ukraine and more sanctions on Russia. The bill will likely receive the president’s signature within days. If you think this is the last time US citizens will have their money sent to Ukraine, you should think again. This is only the beginning.
$1 Billion for Ukraine (aka banks holding Ukrainian debt) and not a dollar for Detroit…
Business as usual.
I’m pretty sure that “aid” has plenty of strings attached to it. We get to set up even more military bases we can’t afford. And I’m sure we get to shove our political correctness down their throats, too.
I’ve got one word for Rio, in his comments yesterday he mentioned that Americans simply cannot understand how his city has 1st world and 3rd world right next to each other. And my word is “gentrification”. Oh we understand it, we understand it all too well.
Got multiple multimillion dollar condo buildings with panhandlers on every corner, gunfire on the street, cars broken into, shattered glass and garbage everywhere? Only a couple million bucks and they aren’t making more land anymore, better snap that up? We got more of that, than we know what to do with.
His city is DC and it has the same conditions.
I don’t know where in America Rio hails from, but gentrification is true of DC. I think people have reached their tolerance for commuting. Suddenly somebody figured out that there are blocks and blocks of neighborhood blight within a long walk of the US Capitol building. Much was torn down for new offices and condos. For those who couldn’t afford being right down town, or didn’t want to be there during the transition, thousands of new condo towers are popping up around formerly dodgy Metro stations. One of yesterday’s articles touted that Wheaton (due north of town) was “slated for redevelopment.” That’s code for kicking out the illegals and building massive towers with a Safeway on the ground floor. Another old mall near a Metro station just got a Target to service another set of condo blocks.
That’s code for kicking out the illegals and building massive towers with a Safeway on the ground floor.
I’d like one with a Brazilian Steak House.
I agree. BTW, today I listened to NPR and they had to admit that carnivores had it right. Excessive carbs are the real problem, particularly refined ones.
Nothing like cities full of excess empty condos.
Got China?
1st world and 3rd world right next to each other. And my word is “gentrification”. Oh we understand it, we understand it all too well.
I understand what you’re saying but it’s not much of a comparison USA to Rio on that subject. Yet?
Good Morning Lola…..
Whats on the webcam agenda this week?
Another 3-D day. Decadence, depravity and Democrats.
I prefer Dystopia, Doom, and Death
Well, either I can’t imagine how wild it must be in Rio, or you can’t imagine how wild it is in the USA. Or we’re both underestimating each other.
Do you have bodies being pulled out of the river and gang shootings right next to the multi-million dollar condos? Or a multi-million dollar condo with a great view of an environmentally contaminated gravel field, and really nothing else appealing about the view? We do. Do you have worse, hard as it is to imagine?
Or a multi-million dollar condo with a great view of an environmentally contaminated gravel field
Better. Multi-million dollar penthouse with a great view of South America’s biggest slum. Been there. The dude liked his view. I thought it was very depressing. I’d much rather look at gravel.
I don’t know where in America Rio hails from
I know America pretty well.
I’ve lived in 6 stated including The MidWest, The East Coast, West Coast and The Gulf Coast for a brief time.
I lived for many years in Nor and S California and I’ve been to 49 states. USA gentrification is not the same as Rio. I’m sure it can be even worse in certain parts of USA but on the whole, Rio is a different animal.
Lola, Liberace and The West Coast Weirdos
Is that the name of the house band at Paddles?
something like that
I suspect it’s a complete smackdown day for our resident housing trolls.
Wall Street Journal - The Long (Long) Wait to Be a Grandparent
As More Couples Delay Having Children, Ties Between Generations Are Feeling the Strain
“More individuals are waiting until their 30s and beyond to have their first child. Perhaps they want to get their finances or career in order first, find the right partner or take on other big projects like an advanced degree or world travel.
Whatever the reason, the result is that their parents have to wait longer for their first grandchild — perhaps to age 70 instead of age 60. They have to worry about whether they will be healthy enough to help out and enjoy the time they have with their grandchildren. Or if they’ll be alive at all.
Economics tells a big part of the story. In response to the recession, the U.S. fertility rate between 2007 and 2012 plunged to an all-time low, as women of all ages — except for those 35 and older — put off childbearing or opted against having children.
At the same time, the percentage of women ages 40 to 44 who have never given birth has nearly doubled to 18%, according to the Pew Research Center.
Amid the procrastination, the average age at which Americans first become grandparents is on the rise, as well. The proportion of women ages 60 to 64 with no grandchildren is expected to reach 25% by 2020, up from 10% in the 1990s.
In the end, the delays shortchange both grandparent and grandchild — at least according to older adults. That’s because, once a grandchild finally arrives, there is less time to develop close ties. And time that is spent together invariably feels rushed — even frantic.”
http://online.wsj.com/news/articles/SB10001424052702303775504579395501172676002
As much as I complain about the socialist hellhole of a state I live in, the primary reason my family remains here is that both sets of grand parents are within close proximity to us.
We rely upon them extensively: picking the kids up from school when we’re both at work, taking them to activities like swim team or karate, baby sitting when we’re away. My children even have sleepovers at the grand parents on a regular basis, allowing my wife and I to have some uninterrupted adult time.
The bond that our children have with both sets of grand parents is priceless and I couldn’t imagine not having them around. Of course, we started having kids at 30, which was just a few years later than when our parents had children. Wait until 40 or later? Forget it… no way the grand parents can help as much nor have the same kind of bond. We’re seeing that with my sister-in-law’s kids… They waited until almost 40 and my in-laws aren’t interested in helping take care of an infant at 60+.
Like Ancient Rome’s parties, the Democrats represent the rich and the poor, there is no room for a middle class in their politics. I wish the Republicans could be said to truly represent the middle class but they do not. Thus, the middle class is a political orphan.
http://news.msn.com/us/party-of-the-rich-in-congress-its-the-democrats
The Geographic Distribution of Wealth.
Compare it to voting patterns. Tells you pretty much all you need to know.
Thus, the middle class is a political orphan
34 years of SupplySide/Trickle-down gutted the middle class.
34 years of SupplySide/Trickle-down gutted the middle class.
I wish we would have had more of it than the eight years of Reagan, it started and stopped under him. The Globalists were in charge prior to Reagan and took over after he left. Only the rhetoric stayed the same not the policies.
The Globalists were in charge prior to Reagan
Reagan’s SupplySide/Trickledown has been America’s “religion” for 34 years. Reagan was a globalist. From your Cato Inst.:
Reagan Embraced Free Trade and Immigration
By Daniel Griswold
http://www.cato.org/publications/commentary/reagan-embraced-free-trade-immigration
In the many eulogies to Ronald Reagan since his passing, virtually all acknowledge his role in defeating Soviet communism and reviving America’s self-confidence. But another aspect of Reagan’s record that should not be forgotten was his commitment to keeping America open to trade and immigration.
Reagan’s vision of an America open to commerce and peaceful, hardworking immigrants contradicts the anti-trade and anti-immigration views espoused by Lou Dobbs, Bill O’Reilly, Pat Buchanan, Rep. Tom Tancredo of Colorado, and many others who claim to speak for the conservative causes Reagan largely defined.
Reagan’s heart and head were clearly on the side of free trade. While president, he declared in 1986: “Our trade policy rests firmly on the foundation of free and open markets. I recognize … the inescapable conclusion that all of history has taught: The freer the flow of world trade, the stronger the tides of human progress and peace among nations.”
It was the Reagan administration that launched the Uruguay Round of multilateral trade negotiations in 1986 that lowered global tariffs and created the World Trade Organization. It was his administration that won approval of the U.S.-Canada Free Trade Agreement in 1988. That agreement soon expanded to include Mexico in what became the North American Free Trade Agreement, realizing a vision that Reagan first articulated in the 1980 campaign. It was Reagan who vetoed protectionist textile quota bills in 1985 and 1988.
During Reagan’s eight years in office, Americans eagerly expanded their engagement in the global economy. In 1980, the year before Reagan became president, Americans spent a total of $334 billion on imported goods and services and payments on foreign investment in the United States. By 1988, his last year in office, American spending in the global economy had nearly doubled, to $663 billion.
Still having trouble understanding the difference between opinion and facts? Pat Buchanan understands the difference between Reagan and the Republicans after him.
But in Pat’s words, (opinion)
http://www.theamericanconservative.com/articles/suicide-by-free-trade/
Anybody that thinks Reagan would have let China destroy the industrial base of the U.S. does not understand Reagan. From Pat about Reagan, link will post soon:
When Reagan, a devout free trader, saw the U.S. auto industry sinking, he did not let ideology interfere with a rescue. He imposed quotas on imported Japanese cars and saved Detroit, though he was denounced for apostasy and heresy.
He imposed quotas on imported Japanese cars and saved Detroit, though he was denounced for apostasy and heresy.
It was only on pickup trucks, and was easily circumvented by attaching the bed in a US “factory”. Cars got a pass, they never had a quota.
It went beyond that, he pressured Japan to limit exports until he had given the U.S. auto industry time to catch up.
http://articles.latimes.com/1985-03-02/news/mn-23938_1_japanese-barriers
From Wikipedia, you can thank Reagan for the establishment of the Japanese car market in the U.S. His negotiations lead to the voluntary limits on auto exports which then lead to the Japanese establishing plants in the U.S.
When the automobile industry in the United States was threatened by the popularity of cheaper more fuel efficient Japanese cars, a 1981 voluntary restraint agreement limited the Japanese to exporting 1.68 million cars to the U.S. annually as stipulated by U.S Government.[1] This quota was originally meant to expire after three years, in April 1984. However, with a growing trade deficit vis-à-vis Japan and under pressure from domestic manufacturers, the US government saw fit to extend the quotas for an additional year.[2] The cap was raised to 1.85 millions cars for this additional year, then to 2.3 million for 1985. The voluntary restraint was only finally removed in 1994.[3]
The Japanese automobile industry responded by establishing assembly plants or “transplants” in the United States (primarily in the Southern U.S. states where right-to-work laws exist as opposed to the Rust Belt states with established labor unions) to produce mass market vehicles. They also began exporting bigger, more expensive cars (soon under their newly formed luxury brands like Acura, Lexus, and Infiniti) in order to make more money from a limited number of cars.
Haven’t you thrashed Lola enough?
Free trade would be great if it was balanced trade. A nation of debt donkeys cannot handle free trade wisely.
Haven’t you thrashed Lola enough?
Yes, time for the tag team. It is your turn to use the punching dummy.
Haven’t you thrashed Lola enough?
You can’t trash Lola with lies and bad math or name calling. How could you? Your dealing with someone smart and informed.
Still having trouble understanding the difference between opinion and facts? (On Reagan being a globalist)
These facts?
It was the Reagan administration that launched the Uruguay Round of multilateral trade negotiations in 1986 that lowered global tariffs and created the World Trade Organization. It was his administration that won approval of the U.S.-Canada Free Trade Agreement in 1988. That agreement soon expanded to include Mexico in what became the North American Free Trade Agreement, realizing a vision that Reagan first articulated in the 1980 campaign. It was Reagan who vetoed protectionist textile quota bills in 1985 and 1988.
Anybody that thinks Reagan would have let China destroy the industrial base of the U.S. does not understand Reagan.
China came later, Reagan started to destroy our industrial base by this:
It was (Reagan’s) administration that won approval of the U.S.-Canada Free Trade Agreement in 1988. That agreement soon expanded to include Mexico in what became the North American Free Trade Agreement, realizing a vision that Reagan first articulated in the 1980 campaign. Cato Inst.
Your dealing with someone smart and informed.
And spells poorly when he’s watching House of Cards.
I like this show on Netflix!
I see Lola. You trannies really do have to delude yourselves.
“Your dealing with someone smart and informed.”
Sure, except mania only looks smart in the mirror. The rest of us can’t see it.
Taxes, NAFTA, and the most favored nation status is where you should be pointing the finger. offshoring my friend.. if that’s what you mean by trickle down, then maybe we agree on something.
Trust me, 50% tax rates on the middle class are NOT helping them get ahead. Is that really what democrats see as advancing the middle class… taxing them at 50%?
if that’s what you mean by trickle down,
Basically “TrickleDown is tax and public policy designed to benefit the rich and corporations as we’ve done for 34 years.
This was supposed to let a lot of that new wealth “trickle down” to us.
It failed. BigTime. That is the lesson of the failed 34 years of The SupplySide/TrickleDown experiment. It was an experiment and it failed America.
Mathguy, in 1913 when the 16th amendment was passed and the commie Riotards of that era decided everyone should be slaves, the maximum income tax rate at the federal level was 7%. Most states had no income tax then. The average American paid 1% of his income in taxes.
The retarded progressives loved to turn up the boiler gradually to this day where now federal and state income taxes total about 28% typically. But then you add the property taxes, sales taxes, gas taxes, capital gain taxes, dividend taxes, auto registration taxes, airport taxes, hotel taxes, car rental taxes, corporate taxes (which are passed off in higher prices to consumer) and you got their commie policies enslaving us.
Riotards.
Thus, the middle class is a political orphan.
A history teacher once told us that all revolutions are started and led by the middle class and not the proles.
And you’d rather flee to Paraguay with your tail tucked between your legs than stay and fight.
Yes, because I’m not stupid.
You will never make it out of the country. You and your whole family will get tossed on the FEMA bus and trucked to Camp Feinstein, where less than half of you will be lucky to survive.
Eso crees tu, gringo.
Por que crees que tengo mas que una nacionalidad?
Stop talking in Mexican and get on the bus, arbeit macht frei!
El que se va a ir en el autobus eres tu, gringo.
Revolutions are started by those who had much to lose and had it taken away… if you’ve never had anything to lose, why would you be indignant over the loss, so much so that you would risk your life to right the wrong?
Hell, ancient history has plenty of examples: Look at the Gladiator Rebellion led by Spartacus. A free man serving in the Roman Auxiliary has everything he loves taken from him, so he revolts, raises an army and wrecks havoc on Rome. Those who fought with him? Slaves who fought for years in the arena and were content to live and die under such circumstances.
Spartacus and his fellow gladiators trained 100,000 - no typos slaves to revolt. That was dam impressive.
“There is nothing better for your wallet than a deflationary spiral.
Let the spiral proceed.”
Exactly. Then we can get these fraudulently bought down interest rates back up to 12-15% where they should have been all along.
http://www.bloomberg.com/news/2014-03-31/chicago-manufacturing-index-decreased-to-55-9-in-march-from-59-8.html
I wonder how long it is going to take economists to understand that more and more people are filing their taxes early and spending their refunds earlier? Even poor people are getting their earned income taxed credits earlier. Thus, economic activity is being shifted to the first quarter. I think a lot of economists are going to egg on their face when the second quarter is not stronger than the first.
It’s not the amount of dollars in income taxes that I should worry about. It’s my tax rate I should worry about.
The obvious way to reduce my tax rate is to realize more long term capital gains.
A colleague of mine is just a technician and has a $3,000,000 windfall to dip into at some point. He should be close to retirement age. A couple other people I know have had millions of bucks and they are just engineers. One from investing in his company stock. Should the Progressive hBB faction go hunt him down and shoot him (Rio, Polly, Oxide, etc)
When Ben started this site to document a housing bubble, did he ever imagine he’d end up documenting TWO housing bubbles?
Echo bubble asking prices are now well above the first bubble peak in the 80210.
Ditto in all the western range in Silicon Valley from Santa Clara to San Francisco…
The massively inflated prices are there. The buyers aren’t.
It’s still the same bubble Littlefield. It coughed, but it didn’t die.
did he ever imagine ??
Did any of us ever imagine…
Did any of us ever imagine…
My American/Israeli amigo with a Brazilian wife in the Bay Area imagined it in 2005 or 6.
He said it might crash but the Government, right or wrong, would “do something” about. He said they’d “have to”.
I wonder if Brazil will “do something” about it if it crashes here? I doubt they have the power of the USA Federal R..
I saw the talk of inverters yesterday with Bill. If you’re pulling a kilowatt from an inverter a size 24 deep cycle battery isn’t going to last very long. You wont get a day running a fridge at all I don’t think.
Since AC travels farther than DC without loss, you might want to think about just putting the 1kw inverter in a vehicle and running an extension cord to it. Also, car alternators put out a lot more power when spinning at high RPMs. Even though it’s 90 amp rated I don’t think it delivers that when car is idle. You can put a smaller pulley on it to spin it faster.
I had a truck where I mounted a 2kw inverter, 3 size 24 deep cycles in parallel. It was running a LCD projector, 2 or 3 really small computers with LCD touchscreens and a FreeBSD server which was probably a Pentium III or low end 4. I think with the 3 batteries in parallel I could get maybe 3 hours to 4 hours out of it. Burned out the alternator trying to charge em back up
Was a fun truck tho — 72″ rear projection screen on the outside
Get a ham license and pick up a Beofeng UV-5R, better antenna and programming cable from Amazon or other internet retailer. Cheapest most capable radio out there! Won’t go far like a HF radio but also useful for FRS and GMRS.
This sounds like a hobby of yours.
A very heavy hobby.
Automotive alternators are not designed for prolonged high load. The “rating” is for very short periods. Our boat engines have more robust alternators and we limit their load with resistance to keep it under 30% of rating in long term operation. One deep cycle battery will run our big marine refrigerator for 24 hours dropping battery charge from 75% to 50% (which is our off-grid operating range). Lighting is all LED, so could run for weeks without charging up just for lights. How to make coffee without electricity is one of life’s most important questions.
Our survival strategy in a black out doesn’t depend on refrigeration at all. There is ample store of food that does not need refrigeration to last a couple of months. All my booze is distilled or red, so the refrigerator is really for luxuries.
Bill’s place has a balcony. I don’t think a running vehicle with an extension cord up to his floor would be exactly stealthy.
New England Style~
1) Servel cycle fridge
2)240v genset with propane conversion- Gasoline goes bad in 30 days. Alternately, a small 6kW oil fired genset if you can tolerate the noise. Trailer mounted welder/generator works too.
3) 500 gals of #2 fuel oil for when you run out of wood or for quick convenient heat
4) _ cords of wood under storage, primary heat
5) A friend with a small arsenal
6) Electric utilities are a fraud
What sun?
5 to ten days from some AMG Deep cycle batteries…
http://www.optimabatteries.com/en-us/experience/power-source/how-long-will-my-optima-battery-power-my-refrigerator/
I did read that charging AGM batteries from the alternator will likely wear down the alternator fast. Probably what happened to you.
My best buddy is a very experienced camper. I asked him about it and he was too busy to respond full, but the direction he is going in is to just not do it. Forget the inverter and alternator. He says drink the wine! He did mention something about having ice. I will have to wait until he is able to explain fully.
inverter and alternator. - that is, forget the inverter and battery idea.
If you bought a house 1998- current, you are the runway foam.
Do you really think this a$$hat knows anything about constructing or contracting?
http://www.nahb.org/generic.aspx?genericContentID=104320
It appears that George Soros is on the wrong side of an oil trade and wants his puppet to bail him out:
http://www.mining.com/web/soros-promotes-oil-sales-to-punish-putin/
Try to find the oil “glut” in these numbers. Now, you know why even small disruptions like the South Sudan war can move the oil market:
http://omrpublic.iea.org/balances.asp
ft dot com
February 7, 2014 12:28 pm
Welcome to Bakersfield, California
By Gary Silverman
How an ordinary town became one of the home foreclosure capitals of America
“You don’t know me but you don’t like me,
You say you care less how I feel.
How many of you that sit and judge me
Ever walked the streets of Bakersfield?”
Homer Joy, “Streets of Bakersfield”
On the spring day in 1988 when he turned 41, Carl Cole left the small town in North Carolina where he had grown up as a boy and fallen into disgrace as a man. With his wife and their two sons he headed out west, to Bakersfield, California, and prayed for something better. A Christian, Cole had seen miracles with his own eyes – believers speaking in tongues, the sick healed by faith alone – and he clung to the words of scripture promising that “all things work together for good to them that love God”.
Many things did come together, for a time. In southern California, Cole’s cup ran over. He worked hard, learnt how to sell real estate and grew wealthy. He wore Armani and Brioni, drove a Lamborghini, a Mercedes and a Corvette, biked in the mountains, smiled at the local television audiences at home and pursued a deal to build the tallest towers in the state between San Francisco and Los Angeles – all the while watching out for signs from up above, for direction from the Good Shepherd in whom he trusted.
But Cole lost his way – again. He became one of the people who helped cause the global financial crisis – which, as unlikely as it sounds, was the kind of thing that could happen to a God-fearing man selling houses in a hot property market such as Bakersfield in the past decade. Cole and his confederates found themselves facing the temptation of a lifetime. They could cheat people who knew less about their local property market than they did – out-of-town bankers who came to Bakersfield to buy mortgages to package into bonds, but left their brains back east, or wherever it was they came from. It was easy money for people who had known hard times, but it put Cole on the wrong side of the law. Banks that cheat people pay fines, but people who cheat banks do time – and in Cole’s case, he is now looking to do a lot of it.
Cole is to be sentenced on February 18 for his role in a mortgage fraud case that helped turn Bakersfield into one of the home foreclosure capitals of the US. He and 13 other people associated with his real estate firm – including his son Caleb, 38, and his business partner, David Crisp, 34 – have pleaded guilty in schemes that used fake or “straw” buyers to push up property prices in the boom, causing $30m in losses to banks in the bust. Under federal guidelines, Cole could be sent to prison for more than 15 years. Under his agreement with the government, his lawyer will ask for “no less” than eight. In any case, at 66, Cole faces another sad trip to another new place – prison – and the hard work of explaining to others and to himself how a country boy who got his second chance wound up making such a mess out of it.
“It was la vida loca,” Cole says. “It was a crazy life for while.”
…
Name it and claim it! Hallelujah!
Ethics are for the little people.
The Rolling Stones - Far Away Eyes - YouTube
http://www.youtube.com/watch?v=VyK1bZZ7E-s - 156k
I was driving home early Sunday morning through Bakersfield
Listening to gospel music on the colored radio station
And the preacher said, “You know you always have the
Lord by your side”
And I was so pleased to be informed of this that I
Cheated people who knew less about the local property market than I did
Thank you Jesus, thank you lord
I had an arrangement to meet a girl, and I was kind of late
And I thought by the time I got there she’d be off
She’d be off with the nearest Realtor she could find
Much to my surprise, there she was sittin in the corner
A little bleary, worse for wear and tear
Was a girl with sub-prime eyes
So if you’re down on your luck
And you can’t harmonize
Find a girl with sub-prime eyes
And if you’re downright disgusted
And life ain’t worth a dime
Get a girl with sub-prime eyes
Well the preacher kept right on saying that all I had to do was send ten dollars to the church of the sacred bleeding heart of Jesus
Located somewhere in Los Angeles, California
And next week they’d say my prayer on the radio
And all my dreams would come true
So I did, the next week, I sold a house to a girl
Well, you know what kind of eyes she got
So if you’re down on your luck
I know you all sympathize
Find a girl with sub-prime eyes
And if you’re downright disgusted
And life ain’t worth a dime
Get a girl with sub-prime eyes
http://cleveland.cbslocal.com/2014/03/31/cleveland-clinic-ceo-three-quarters-of-americans-who-signed-up-for-obamacare-now-have-higher-premiums/
Drudge be linking and you be clicking, eh Dannyboy?
Sometimes I wonder if Drudge does not read the Housing Bubble and post links for us, they are so good.
I’m not commenting on the content (Obamacare) but the source (CBS local dot com). It’s one of those sh*ttily designed, slow loading, ad choked websites that crashes your browser.
Unlike many other Drudge links (Breitbart, Weekly Standard, Daily Caller, et cetera), CBS local has no obvious political slant. Drudge is getting paid to post those links.
Doesn’t fit the Drudge narrative, perhaps?
But NPR played the story of a small business owner in NH who signed up for Obamacare and was happy because she couldn’t afford health insurance before and now can.
Liberals are cherry picking the winners in Obamacare to make the rest of the suckers more accepting of this garbage…
NPR = the Obamacare is DoublePlusGood News Network
I’m paying over $100 more and higher deductibles. So, NH you’re welcome!
My health insurance went up this year too.
Thanks Obama!
My health insurance has never gone up year over year before. And I’m getting way younger.
Mine is down but deductible is through the roof…
It’s probably the case that at least 3/4 of the rest of the insured population will also pay more for their health insurance this than than they paid last year. The cost of health insurance has been increasing much faster than the general rate of inflation. This has been going on for decades.
It’s probably the case that at least 3/4 of the rest of the insured population will also pay more for their health insurance this than than they paid last year.
Yea but I live in Brazil and my insurance even went up this year down here! The same year as Obamacare really went online. Coincidence? Not even.
I got a friend here who’s dad was a General during the Brazilian military dictatorship during the 70’s and his dad says Brazilian health insurance is going up because of ObamaCare.
Thanks Obama!
It’s probably the case that at least 3/4 of the rest of the insured population will also pay more for their health insurance this than than they paid last year.
Given that has happened every year for the past 50 years, that it went up this year is hardly Earth shattering.
Hiring a realtor to buy or sell a house is exactly like hiring Jeffrey Dahmer to babysit your kids.
I grew up about 15 miles from Jeffrey Dahmer’s childhood home and we are both former students (although he never graduated) of Football Factory State University.
He would have made a great realtor.
He certainly had the charisma to get them back to his apartment and in the door. If only he had put that effort into hosting open houses instead of killing and eating young gay black men.
So if you invite someone on this board over for dinner, he or she should be worried? You making your own Soylent green these days?
Dannyboy fancies himself a jokester, does he now?
I don’t invite anyone over for dinner because there’s only room enough on the couch for myself to lie on my back consuming groceries.
Oil: $101.61 today.
You’ve got at best 8 years of good shale oil and gas left in the ground. Better sell that crackshack today for whatever price you can get.
Permanent Democrat Supermajority
http://www.picpaste.com/a_hillary_campaign_colorposter-QLXu3wKS.jpg
LOL
Did everybody get signed up for Obamacare in time?
Everyone Must Check In
I did not go to the web site. No not everyone. If you are already covered by company insurance you don’t have to sign up for ObysmalScare.
Oddly, Turbo Tax this year asked me a question if I have health insurance. I clicked “yes” and that was that.
Oddly, Turbo Tax this year asked me a question if I have health insurance. I clicked “yes” and that was that.
That’s your MO BillSomeWhereSh!ttyAloneWhereTheyTellYouToGo.
You only care about yourself. You got “liberty” that way.
Leland Yee Crusaded For Gun Control Before Indictment On Gun Charges
March 26, 2014 11:48 PM
SAN FRANCISCO (KPIX 5) — Before he was arrested and indicted on numerous federal charges Wednesday, including allegations of gun running, State Sen. Leland Yee was a major advocate for gun control and pushed to ban a device called a “bullet button.”
In 2012, KPIX 5 reported on what gun control advocates called a huge loophole in California’s ban on assault weapons. The reports focused on the bullet button, a device that gun manufacturers designed in order to legally sell guns such as the AR-15 in California.
The bullet button enables the magazine of a semi-automatic rifle to be removed quickly, with the tip of a bullet. Removable magazines in combination with other features like a pistol grip and telescoping stock are banned under California law. But the bullet button is legal because it doesn’t work with one’s finger, so the magazine is considered “fixed.”
In an interview on KPIX 5, Yee said that he was not going to be intimidated, because he believed so strongly in keeping guns out of the hands of bad guys.
“This is not an easy issue,” Yee said. “But I am a father, and I want our communities to be safe, and god forbid if one of these weapons fell into the wrong hands.”
According to Wednesday’s indictment, Yee is charged with conspiracy to deal firearms without a license, along with conspiracy to illegally transport firearms. He is also accused of running a scheme to defraud citizens on his services and wire fraud.
The government’s affidavit said that in August of 2013, at the same time Yee was pushing gun control laws, an undercover agent was being told the senator “had a contact who deals in arms trafficking.”
In January of this year, the affidavit said Yee told that same agent that the arms dealer “Has things that you guys want.”
The affidavit also said Yee claimed to know a weapons trafficker who he had known for years, who was supplying “cargo containers” of heavy weapons to Muslim rebels in the Philippines.
http://sanfrancisco.cbslocal.com/2014/03/26/leland-yee-crusaded-for-gun-control-before-indictment-on-gun-charges/ - 101k -
I read that he discussed a shoulder fired missile with the undercover FBI guys. Now what would that be possibly used for?
I read that he discussed a shoulder fired missile with the undercover FBI guys. Now what would that be possibly used for?
For shooting Repubs and libertarians after they are disarmed, no doubt.
I would think it’s to bring down a plane. What in the heck kinda person is this?
Serious? He’s a politician Ben. He wants the cash. Every one of these mofo’s are on the take. All of them. And it doesn’t matter how they get it. Bringing harm to others is merely incidental.
The sad thing is that most Americans are gullible thinking no politician can be this bad, with obvious dark motives.
But…
“There is no distinctly American criminal class - except Congress.” - Mark Twain
He should have also added California state senators to the list.
Of course, the Clinton News Network ignored the story
http://www.breitbart.com/Big-Journalism/2014/03/29/Leland-Yee-Blackout-After-Gushing-over-Wendy-Davis-CNN-Claims-They-Cover-State-Senators-About-Never