April 21, 2014

Bits Bucket for April 21, 2014

Post off-topic ideas, links, and Craigslist finds here.




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86 Comments »

Comment by Blackhawk
2014-04-21 04:46:41

The Epic Hypocrisy of Tom Steyer (the liberals Koch Bros)

Billionaire hedge fund operator and “green” energy magnate Tom Steyer has pledged $100 million in the 2014 election cycle to help Democratic candidates who oppose the Keystone pipeline and who favor “green” energy over fossil fuels.

He also is, or was until recently, a major investor in Kinder Morgan, which is building a competitor to the Keystone pipeline.

In fact, Steyer owes his fortune in large part to the fact that he has been one of the world’s largest financers of coal projects. Tom Steyer was for coal before he was against it.

http://www.powerlineblog.com/archives/2014/04/the-epic-hypocrisy-of-tom-steyer.php

So just remember, the next time Harry Reid complains about the Koch Brothers, the Demos have their own evil rich men and they do what rich men do. Make gobs of money. This one’s a hypocrite but who’s surprised by that?

Comment by LolaLOL
2014-04-21 06:32:02

Sorrow, Bloomberg, Warren Buffet, on and on. Lola will accept any master that comes up with the right colored Mangos.

 
Comment by goon squad
2014-04-21 06:48:46

Hope and Change

http://www.theatlantic.com/international/archive/2014/04/2-charts-that-put-the-chinese-pollution-problem-in-perspective/360868/

Just keep on breeding, folks. The Lord will provide. Humanoids are God’s pets. If you think we’re living in an Earthly paradise now, just wait until there are 12 billion of us competing for resources in a finite ecosystem.

Happy Monday and enjoy the dieoff :)

Comment by jose canusi
2014-04-21 07:44:52

B-b-but, the Chinese have high IQs! They’re smarter than us! They should be able to solve that problem easily. And they have. Make those $$, foul the nest and move to the US, no problemo!

Comment by In Colorado
2014-04-21 08:12:11

Make those $$, foul the nest and move to the US, no problemo!

As a Beijing colleague once described Denver’s brown cloud: It’s unnaturally clean.

Of course, you need to be rich to pull off the “relocate to greener pastures in the US” thing. My Beijing colleagues don’t have that kind of dough.

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Comment by Pete
2014-04-21 18:20:33

“As a Beijing colleague once described Denver’s brown cloud: It’s unnaturally clean.”

I remember you mentioning that before. Today I drove a couple of white American folks doing business in China from the airport. The conversation turned to the air quality in Beijing and Shanghai and I repeated your “unnaturally clean air” story to them to good laughter. They tipped well, so maybe I owe you.

 
 
Comment by SV guy
2014-04-21 12:36:45

“Make those $$, foul the nest and move to the US, no problemo!”

I was passing through Jingle Mails stomping grounds when I decided to grab a burger for lunch. I was in line to order when I heard a group behind me speaking chinese. After a few minutes I turned around to see 5 early twenty something’s, two wearing Cal Berkeley t-shirts.

From what I could gather, the only english they knew was “Double-Double”.

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Comment by Jingle Male
2014-04-21 23:04:44

“In line…”.

Applesbees wait times are increasing in Sacramento.

And it’s Jingle Male. There is no more jingle mail!

 
 
 
Comment by In Colorado
2014-04-21 08:04:46

There was an article the other day about how 20% of China’s farmland is contaminated with toxins.

20% of China’s population is about 260M people. So the food supply of a group of people comparable in size to the USA is compromised. I guess we can look forward to even higher food prices as China will be forced to buy food on the world market.

 
Comment by Blackhawk
2014-04-21 08:10:26

Goonie

Great article. If you look at the comparisons of our worst cities to the Chinese, you can see how much cleaner we are.

So why should we spend billions eeking out a little bit of improvement for climate change if the Chinese aren’t going to join in the crusade???

Comment by goon squad
2014-04-21 08:48:44

umm… because warmists gonna warm?

as i have told abq dan here before, my primary interest in the warmist warming is that it confirms that infinite growth is not possible in a finite ecosystem.

this is painful for some people to contemplate, that somehow the species of humanoids are not special, are not god’s pets, and that the capitalist model of growth for growth’s sake cannot work.

the warmists say that a 40 to 70 percent reduction in carbon emissions is necessary to prevent/delay ecological disaster (disaster for the humanoid habitat, anyway) but that will never happen.

it’s gonna get worse, and then it’s gonna get worser, you’ll see :)

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Comment by Blackhawk
2014-04-21 12:17:58

Goon squad. You live out west right? You think we don’t have any extra space in the Western US. Just add water and it’ll grow

 
Comment by In Colorado
2014-04-21 14:29:21

Goon squad. You live out west right? You think we don’t have any extra space in the Western US. Just add water and it’ll grow

Uh … and where exactly will this water come from? Water rights are a VERY complex issue out here, because it is so scarce.

Denver gets about a quarter of it water from aquifers (wells), which are projected to be exhausted in the next 20-30 years.

So yeah, we have tons of room. Just don’t expect any water to come out of the tap, unless you are willing to pay top dollar for water rights. Just for reference, an acre foot of water rights out here goes for as much as $30,000. An acre foot is about 300,000 gallons. As the western US continues to gain population the cost of water is only going to increase for the newcomers, who will have to cough up to pay for new water rights.

 
 
Comment by jose canusi
2014-04-21 10:11:35

“So why should we spend billions eeking out a little bit of improvement for climate change if the Chinese aren’t going to join in the crusade???”

Oh, they ABSOLUTELY are going to join in the crusade, except I read somewhere that China’s viewpoint is that the US should pay for it, since they made all those goods for US consumers. Seriously, I read that, I can’t recall where. I’ll try to dig it up.

So how that works is, the corporations benefit, by offshoring their jobs and production, gaining the profits and dumping the clean up of China onto the US taxpayer.

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Comment by In Colorado
2014-04-21 11:39:55

Oh, they ABSOLUTELY are going to join in the crusade, except I read somewhere that China’s viewpoint is that the US should pay for it

Good luck with that. Sounds more like a headfake for consumption in Smogville, China.

 
 
Comment by "Uncle Fed, why won't you love ME?"
2014-04-21 14:11:44

Well, darkbird, we would need to reinstate the tariff first. Then it would work just fine.

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Comment by inchbyinch
2014-04-22 09:02:39

Carl Sagan’s original COSMOS had a segment on climate change and a scientific explanation. I’ve watch the new COSMOS as well (hubby’s insistence) and I really enjoy them both.

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Comment by "Uncle Fed, why won't you love ME?"
2014-04-21 14:08:34

And your point is what? That Americans should stop trying to reduce the influence of money on politics? That the Supreme Court is correct in their rulings that make it legal for individuals and corporations to donate unlimited amounts of money to political campaigns in secret? Because as long as Democrats play the game too, then the game isn’t rigged?

What, darkbird, is your point?

Comment by Blackhawk
2014-04-21 15:37:50

Uncle Fed.

Two points. #1. Tom Steyer is a blatant hypocrite. If he were a Republican this would be front page news.

#2. One of the left’s main supporters for matters related to “climate change” isn’t a believer, he’s an opportunistic A HOLE.

Read the article to see how much he’s done and how he’s profited from supporting coal and coal plants. Millions and millions of $$$.

 
 
Comment by In Colorado
2014-04-21 14:31:07

So just remember, the next time Harry Reid complains about the Koch Brothers, the Demos have their own evil rich men and they do what rich men do. Make gobs of money. This one’s a hypocrite but who’s surprised by that?

So we should just keep burning coal and polluting the air because some Dems are crooks?

Comment by Blackhawk
2014-04-21 15:39:17

No. The old inefficient plants and the highly sulfurous coal are being phased out.

 
 
 
Comment by LolaLOL
2014-04-21 06:33:13

Autocorrect changes Soros to Sorrow. Hmm.

Comment by tj
2014-04-21 09:27:23

sorrow that there is soros.

this is just a heads up addition to what i was posting earlier regarding 3d printing.

a 53 year old man has just traded in his $42,000 prosthetic hand, for a newer and better one. the new hand was 3d printed and cost $50 to make..

3d printing is going to have a tremendous beneficial effect on the economy (if we can get the government to stay out of it). many things are about to get made better and much cheaper.

Comment by tj
 
Comment by MightyMike
2014-04-21 13:34:40

3d printing is going to have a tremendous beneficial effect on the economy (if we can get the government to stay out of it).

If you looked into it, you’d probably find that the government has funded a great deal of the research and development.

Comment by tj
2014-04-21 14:24:13

you’d probably find out that it didn’t.

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Comment by 2banana
2014-04-21 06:33:41

Rule of law?
Equality under the law?
Sanctity of contracts?
Using the government to go after political opponents?
Etc.

Yes - we are a banana republic.

Liberals/democrats think it is a great system as one of their own is in charge.

They never think how it will be used against them one day…

———————-

Chrysler Bankruptcy Still Affecting Economy
The Foundry | 19 April, 2014 | Curtis Dubay

This month marks the fifth anniversary of the Chrysler bankruptcy. President Obama will doubtless mark the occasion by talking about how his intervention saved the auto company. More noteworthy, however, is how the lawlessness of that intervention created tremendous uncertainty, which still chills the economy today

Under long-established bankruptcy rules, holders of “secured debt” are rightfully owed 100 percent of what they loaned the company. However, the Administration decided it would not play by those rules. Instead, it decreed, holders of secured debt would receive only 29 cents on the dollar. Meanwhile, it decreed that the United Auto Workers, which had no secured creditor rights, would get 40 cents on the dollar.

This arrangement knocked the notion of secured debt on its head. Businesses offer creditors secured debt when they are struggling to maintain their operations. The assurance that they will get paid back first and in whole if the business declares bankruptcy is what makes lenders more to make such a risky loan. In Chrysler’s case, most of its secured creditors were large financial institutions, but others taking the risk included Indiana state teacher and police pension funds.

When these creditors balked at accepting the Administration’s offer of less than a third of what they were rightfully owed, President Obama chastised them publicly, complaining that they refused to make sacrifices and work constructively, and were holding out for “an unjustified taxpayer-funded bailout.” Since most of the financial institutions holding Chrysler secured debt also had accepted TARP funds, they ultimately yielded to White House pressure and the bankruptcy went through on the President’s law-breaking terms.

For businesses and investors, the process was highly disconcerting. Both need to know that the rule of law will be upheld consistently. It is the only way they can be certain that contracts and agreements mean anything. When they aren’t sure the law will recognize their rights, they reduce their activities until certainty returns.

Some might argue that the Chrysler bankruptcy was a unique situation and is unlikely to happen again. Therefore, it cannot possibly still be impairing the economy. That argument might hold weight if the Obama administration hadn’t continued to exhibit lawless behavior time and time again. For example, it has unilaterally “amended” the Affordable Care Act 38 times and acted with similar imperiousness on issues ranging from energy to education to welfare policy.

Such behavior signals to businesses and investors that President Obama won’t hesitate to overturn the law again whenever it suits his interests. This has perpetuated the uncertainty originally created by the Chrysler bankruptcy, and there is no sign that it will abate any time soon.

Comment by j-j-j-joe
2014-04-21 11:22:56

“Yes - we are a banana republic”

———————

Then nearly every country in the world is a banana republic, except for maybe the German-speaking and the Nordic countries. Because other than those, no country has nearly as good of a legal system. And, BTW, those exceptions are all more liberal than the US, especially in their legal systems.

For example, the US Constitution barely enumerates any specific rights. The US Constitution also gives people rights for freedom of speech that surpass any other country. By contrast, you should read the lengthy, detailed enumeration of rights in those better-functioning countries. They would not make conservatives (esp social conservatives) happy. You can be thrown in jail for insulting a minority. Judges decide things much more than juries. Judges can make law (not just interpret it). The legal systems are much more liberal.

The US legal system, despite its faults, is the model for the rest of the world. It’s why countries both to list their stock here, do their deals here, and apply US law whenever possible even in foreign dealings.

Comment by tj
2014-04-21 13:27:02

For example, the US Constitution barely enumerates any specific rights.

it doesn’t have to. look up ‘negative rights’.

 
Comment by goon squad
2014-04-21 17:01:13

Downlow Joe has re-entered the building.

 
Comment by Housing Analyst
2014-04-21 17:28:05

Liberace!

 
Comment by LolaLOL
2014-04-21 18:38:46

May just be Lola trying to appear sane and also avoid throw investigators off the track. I’ll have to scroll down farther.

Wuff, wuff.

 
 
 
Comment by Housing Analyst
2014-04-21 06:45:20

Remember this?

Vindicated.

“The Housing Market “Recovery” Is A Complete Myth”

http://seekingalpha.com/article/1151771-the-housing-market-recovery-is-a-complete-myth

Comment by Amy Hoax
Comment by Housing Analyst
2014-04-21 09:29:19

Fetch me a fresh bag of Cheetos. PRONTO!

Comment by IE LANDLORD KING
2014-04-21 16:35:29

Default What would you invest in if you had $75,000 USD to spare?
Old 04-24-2009, 11:16 AM

Real estate.
Old 04-24-2009, 01:25 PM

Real estate…
Short sales and pre foreclosures. Its the perfect buyers market in the US.
Old 04-24-2009, 01:31 PM

With the current real estate market you could grab a few houses at foreclosure with that amount.
Buy one or two houses and rent them out. Take the income from those two and buy another one. Continue this cycle until you have 10+ rental properties and your set then.
I have a friend who did exactly that about 15 years ago. She took 100K and bought 3 houses at foreclosure, then reinvested the money in more houses until she owned about 15 of them. The monthly income from those houses, all paid off, made her quite a bit of money.

Johnny Slater Old 04-24-2009, 04:29 PM

http://www.warriorforum.com/main-internet-marketing-discussion-forum/77983-what-would-you-invest-if-you-had-75-000-usd-spare.html

You should have been paying attention back in 2009 Housing Analyst.You probably were saying the “sky is falling back then too”?
Build me a $55 sq ft home ,so i can buy it from you for $75 sq ft price :}

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Comment by Housing Analyst
2014-04-21 17:27:04

Falling housing prices means the sky is falling? Really? Don’t be silly.

Falling housing prices to dramatically lower and more affordable levels is positively bullish, optimistic and good for the economy.

 
 
Comment by inchbyinch
2014-04-22 08:55:38

HA
Yesterday was my B-Day, so I treated myself to a small bag of Doritos (to share). They tasted different. Did they change the seasoning? Have you noticed it yourself?

I also had fish sticks, milk chocolate bunny ears, and a taco. Boy, it was a delicious B-Day. Now back to a healthy woe.

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Comment by Housing Analyst
2014-04-22 17:18:36

You. Fetch. Now.

 
 
 
Comment by MightyMike
2014-04-21 13:42:03

I have a theory that a time will come when the vast majority of the American population will realize that they can’t afford a different bathroom style or countertops every few years. I just wonder how long its going to take to see such a change in attitudes.

Comment by inchbyinch
2014-04-22 08:51:20

MightyMike
I hear you on the remodel addiction. I guess we thought “this is it” and remodeled for practicality, knowing everything goes out of style eventually, but the hot and cold need to work. Basics.

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Comment by Housing Analyst
2014-04-22 17:16:56

Keep throwing good money after bad on that junk. Cement your losses.

 
 
 
Comment by LolaLOL
2014-04-21 18:40:59

I like your previous article about scrubbing toilets.

Sandwich, Cheetos, Beer, elbow grease. Get to it!

 
 
Comment by IE LANDLORD KING
2014-04-21 14:57:22

Riverside ,CA +2.6% month increase +$9,100 month increase
+$3,100 week increase
http://www.deptofnumbers.com/asking-prices/california/riverside/

Let the good times roll for Home owners :}:}

Comment by IE LANDLORD KING
2014-04-21 16:41:26

Great replies everyone,
I believe Josh had the best idea, short calls and foreclosures.

Some real estate properties are so cheap right now, in a few years they are going to have an incredible value, maybe not as high as 1-2 years ago, but definitely a lot higher than now a days.

I also got a great lead on a gold mine investment.

Dan Old 04-24-2009, 07:35 PM

 
Comment by LolaLOL
2014-04-21 18:48:48

No one wants your crap shacks Queenie.

 
 
 
Comment by Housing Analyst
2014-04-21 06:46:25

“With 20-30 million excess empty housing units in the US, housing demand fallen to 1994 levels and household formation at multi-decade lows, housing prices have a very long way to fall.”

You better believe it Mister.

 
Comment by Mr. Banker
2014-04-21 06:55:00

I love it when my lackeys in the MSM use the term “homeowner” instead of the more accurate term “homebuyer” because it helps shape the mentality of the unwashed masses when it comes time to “rescue” them.

(snort)

Comment by goon squad
2014-04-21 07:07:57

Couple that with the word “distressed” and you just can’t lose.

 
 
Comment by goon squad
2014-04-21 07:03:32

Racist Wall Street Journal article - Ignoring an Inequality Culprit: Single-Parent Families

“Intellectuals fretting about income disparity are oddly silent regarding the decline of the two-parent family.

In 1960, more than 76% of African-Americans and nearly 97% of whites were born to married couples. Today the percentage is 30% for blacks (because white people are racist) and 70% for whites. The out-of-wedlock birthrate for Hispanics surpassed 50% in 2006 (because white people are racist). This trend, coupled with high divorce rates, means that roughly 25% of American children now live in single-parent homes, twice the percentage in Europe. Roughly a third of American children live apart.”

http://online.wsj.com/news/articles/SB10001424052702303603904579493612156024266?commentid=7230102

Comment by goon squad
2014-04-21 07:15:37

Live apart –> live apart from their fathers.

Kidz don’t need fathers, the government is their Daddy. And single momz are empowered warriors of feminism, smashing the racis patriarchy one bastard child at a time :)

Comment by jose canusi
2014-04-21 07:30:22

Amen, brothah!

 
Comment by "Uncle Fed, why won't you love ME?"
2014-04-21 14:18:26

American boys are being taught that they never have to grow up. Hence their lack of usefullness to the family unit.

Comment by MightyMike
2014-04-21 15:14:07

That sounds like that MGTOW philosophy.

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Comment by LolaLOL
2014-04-21 07:34:56

A large segment of disaffected youth who may be looking for father figures in their lives. Hmmm, what could that be used for? An army? Cannon fodder?

Comment by jose canusi
2014-04-21 07:38:31

Don’t forget gangs. And pimps.

 
 
Comment by MightyMike
2014-04-21 14:01:14

In 1960, more than 76% of African-Americans and nearly 97% of whites were born to married couples.

In 1965 25% of black babies were born to unwed mothers. This prompted Assistant Secretary of Labor Daniel Patrick Moynihan (later a senator from New York) to write a report The Negro Family: The Case For National Action.

So now 30% of white babies are born to unwed mothers. Who will write the report about the crisis of the white family?

Comment by LolaLOL
2014-04-21 18:49:55

I believe Dan Quayle wrote that 20 + years ago.

 
 
 
Comment by goon squad
2014-04-21 07:25:53

Washington D.C. = District of CRATER

“The pullback in federal spending appears to be weighing more heavily than before on the region’s job growth, with a fresh round of Labor Department data showing a tepid market for new hires.

Virginia shed more than 5,000 jobs between February and March, while the District neither added nor lost any positions. Maryland saw only slight overall job growth last month, gaining 2,300 positions.

Overall, the Washington metropolitan area, which includes the District and its suburbs, added a meager 5,500 jobs in the one-year period ended in March. That’s some of the weakest job growth seen here since the recession.”

http://www.washingtonpost.com/business/capitalbusiness/dc-area-job-market-is-gloomier-in-crucial-government-and-contracting-sectors/2014/04/18/c2cc9f44-c70d-11e3-bf7a-be01a9b69cf1_story.html

 
Comment by goon squad
2014-04-21 07:43:37

Hope and Change (linked from Drudge)

“Since Friday evening, at least nine people were shot and killed in Chicago, and at least 36 others were wounded.

It was the second weekend in a row at least 36 people were shot in Chicago.”

http://chicago.cbslocal.com/2014/04/21/7-dead-37-wounded-in-weekend-shootings/

Stricter gun bans, higher taxes, and more government programs are needed to stop this violence.

Forward

Comment by 2banana
2014-04-21 07:50:31

What can be more stict than a total ban on guns?

Maybe banning knives and plastic guns.

Why don’t criminals follow the law?

 
Comment by Blackhawk
2014-04-21 08:03:18

What irks me is that they dream of imposing these gun bans and higher taxes on all of us.

 
 
Comment by Housing Analyst
2014-04-21 07:45:48

Worthless housing. Worthless worthless housing. It’s worth less and less with each passing day.

Comment by Amy Hoax
2014-04-21 09:40:59

Renter for life.

Comment by Housing Analyst
2014-04-21 09:43:09

And rub my feet while you’re at it……. now git movin’.

Comment by Bill, just south of Irvine
2014-04-21 14:20:36

And get me a beer!

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Comment by Little Al
2014-04-21 21:39:31

slowing down!

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Comment by Whac-A-Bubble™
2014-04-21 09:10:23

Is gold the poor man’s investment of choice?

Comment by Bill, just south of Irvine
2014-04-21 14:06:34

If it is 100% of his money. The wise gold buyers never assume their own physical stack is an investment.

 
Comment by Whac-A-Bubble™
2014-04-21 18:58:04

PRECIOUS-Gold extends losses to 4th session; fund outflows continue
Tue Apr 22, 2014 1:31am BST

SINGAPORE, April 22 (Reuters) - Gold extended losses into a
fourth session on Tuesday, hovering near its lowest in 2-1/2
weeks as equities climbed and on outflows from bullion-backed
funds.

FUNDAMENTALS
* Spot gold had fallen 0.1 percent to $1,288.11 an
ounce by 0021 GMT. The metal declined to $1,281.40 the day
before - its lowest since April 3.
* SPDR Gold Trust, the world’s largest gold-backed
exchange-traded fund, said its holdings fell 3 tonnes to 792.14
tonnes on Monday.
* Last week alone, outflows from the fund - closely watched
due to the size of its holdings - totalled 9.3 tonnes, erasing
all the gains made in the year.
* Talks between Barrick Gold Corp and Newmont
Mining Corp about a potential merger have hit a snag,
but sources said the companies remain keen to reach a deal and
discussions are likely to resume.
* Goldcorp Inc said it is walking away from its
hostile bid for Osisko Mining Corp, clearing the way
for Yamana Gold Inc and Agnico Eagle Mines Ltd
to take control of Osisko’s flagship Canadian Malartic mine.

 
 
Comment by "Uncle Fed, why won't you love ME?"
2014-04-21 10:13:19

crater

 
Comment by Bill, just south of Irvine
2014-04-21 14:02:32

Nice! Just found today the CEO is selling his ownership of our company to a much larger fish. But I think it’s a good thing. This is going quick. Final in 4 weeks. CEO will still stay for 3 years.

 
Comment by phony scandals
2014-04-21 16:38:19

Princeton Researchers Conclude US Political System Has Been Almost Completely Usurped

Of the elite, by the elite, for the elite

Steve Watson
Infowars.com
April 21, 2014

A recent scientific study by Princeton and Northwestern universities, which has gone somewhat under reported in the mainstream media, concludes that the US is now a fully fledged oligarchy.

The paper, entitled Testing Theories of American Politics: Elites, Interest Groups and Average Citizens, notes that America is no longer even a Democracy, which begs the question, how far removed is the country from being the Republic envisioned and painstakingly established by Benjamin Franklin and the founding fathers.

“The central point that emerges from our research is that economic elites and organized groups representing business interests have substantial independent impacts on U.S. government policy, while mass-based interest groups and average citizens have little or no independent influence,” the study notes.

In other words, powerful elites have taken over the country and effectively run the government, it is official. Of the people, by the people, for the people is now a thing of the distant past.

The research undertaken by the universities included the study of close to two thousand government policies enacted over a 21 year period between 1981 and 2002.

Using a framework of political models – Majoritarian Electoral Democracy, Economic Elite Domination, Majoritarian Pluralism and Biased Pluralism – researchers found that the majority of those US policies were specifically designed to benefit wealthy elites.

Policy outcomes “tend to tilt towards the wishes of corporations and business and professional associations,” the research states, meaning the US falls into the category of Biased Pluralism.

Researchers concluded that the reason for the trend is that policies are made by special interest groups rather than by politicians acting on behalf of average Americans.

“When a majority of citizens disagrees with economic elites and/or with organized interests, they generally lose.” the study also notes.

“In the United States, our findings indicate, the majority does not rule — at least not in the causal sense of actually determining policy outcomes.”

“Moreover, because of the strong status quo bias built into the U.S. political system, even when fairly large majorities of Americans favor policy change, they generally do not get it.” the study also notes.

The study points toward the conclusion that the US is nothing more than an illusion of democracy.

“Americans do enjoy many features central to democratic governance, such as regular elections, freedom of speech and association” the study notes, while warning “we believe that if policymaking is dominated by powerful business organizations and a small number of affluent Americans, then America’s claims to being a democratic society are seriously threatened.”

The authors of the study, Martin Gilens and Benjamin I. Page concur that the will or opinion of the majority in the US has no effect on the way government is run.

“The preferences of the average American appear to have only a minuscule, near-zero, statistically non-significant impact upon public policy.”

“Perhaps economic elites and interest group leaders enjoy greater policy expertise than the average citizen does,” Gilens and Page write. “Perhaps they know better which policies will benefit everyone, and perhaps they seek the common good, rather than selfish ends, when deciding which policies to support.

“But we tend to doubt it” they add.

Comment by "Uncle Fed, why won't you love ME?"
2014-04-21 17:36:41

Phone:

Have you noticed that Generation Y tends to fully accept this new oligarchy and the police state as “normal”? What happened to them? Don’t they have parents to teach them better? argh. crater.

Comment by MightyMike
2014-04-21 18:02:16

It gets hard to keep track of these names for generations. I googled Generation Y. It turns out that its another name for millenials. Apprarently, it’s supposed to be people under the age of roughly 32. How much younger is unclear.

Anyway, if the premise of your question is correct, it contradicts one big meme floating around out there - that young people are big fans of Ron Paul and Rand Paul and have small government or “anti-government” tendencies.

Comment by LolaLOL
2014-04-21 18:54:48

Young people don’t vote. Millenials, Gen Y whatever. And I bet way fewer after Messiah than before. Hillary has all of the youth appeal of a mothball.

Having grown up with the internet, they’ve been bathed in conspiracy theories, lies, and scandal. Now that they are getting a little older they see much of it was true, a la Snowden.

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Comment by CA renter
2014-04-22 01:59:39

Comment by phony scandals
2014-04-21 16:38:19

Princeton Researchers Conclude US Political System Has Been Almost Completely Usurped

Of the elite, by the elite, for the elite

Steve Watson
Infowars.com
April 21, 2014

A recent scientific study by Princeton and Northwestern universities, which has gone somewhat under reported in the mainstream media, concludes that the US is now a fully fledged oligarchy.

Good to see that what has been painfully obvious to so many of us for the past few decades is now “officially” recognized.

 
 
Comment by phony scandals
2014-04-21 16:48:10

Calif. tax preparers paid bounty for every Obamacare sign up

Posted Today, 02:29 PM

Daily Caller:
Tax-preparing companies are getting paid by an Obamacare exchange to enroll people in Obamacare plans, The Daily Caller has learned.

At least 79 tax service providers, including offices of major companies like Liberty Tax Service and Jackson Hewitt Tax Service, are listed as certified Obamacare enrollment entities in the state of California, according to state exchange records.

California’s Obamacare exchange, Covered California, pays enrollment entities for signing people up for Obamacare.

“Certified Enrollment Entities are paid a flat-fee of $58 per successful application and $25 per successful annual renewal,” according to California Health Benefit Advisers. ”The Enrollment Entities compensate the individual Enrollment Counselors.”

Certified Enrollment Entities in California include multiple offices of Liberty Tax Service and an Inglewood office of Jackson Hewitt Tax Service. Certified Enrollment Entities can include “non-profit community organizations,” labor unions, tax preparers, community clinics and other kinds of groups.

Jackson Hewitt conducted a detailed survey sent to clients who used its tax services asking how well the company did in helping people sign up for Obamacare ahead of April 15, according to a customer who said that a Jackson Hewitt office in Florida was principally focused on Obamacare enrollment efforts during his/her visit.

“Jackson Hewitt is conducting a national study among recent clients asking for their opinions regarding the service they received,” according to information sent to customers by the marketing and research firm Smari and obtained by TheDC. ”Your confidential answers will help Jackson Hewitt provide exceptional service to their customers. To ensure that results remain confidential, Jackson Hewitt has asked SMARI, a national research firm, to conduct the survey on their behalf.”

http://www.therightreasons.net/index.php?/topic/57028-calif-tax-preparers-paid-bounty-for-every-obamacare-sign-up/ - 43k -

 
Comment by phony scandals
2014-04-21 16:56:17

BLM Eyes 90,000 Acres of Texas Land

by Bob Price 21 Apr 2014, 12:08 PM PDT

After the recent Bundy Ranch episode by the U.S. Bureau of Land Management (BLM), Texans are becoming more concerned about the BLM’s focus on 90,000 acres along a 116 mile stretch of the Texas/Oklahoma boundary. The BLM is reviewing the possible federal takeover and ownership of privately-held lands which have been deeded property for generations of Texas landowners.

http://www.breitbart.com/Breitbart-Texas/2014/04/21/The-Eyes-of-the-BLM-are-on-Texas - 57k

 
Comment by Housing Analyst
2014-04-21 17:31:22

Our friend Josh is still begging like a lap dog. lolz

Comment by Amy Hoax
2014-04-21 18:35:13

Grow up already.

Comment by LolaLOL
2014-04-21 18:56:14

Sandwich!

 
 
 
Comment by Housing Analyst
2014-04-21 18:57:38

Fetch. NOW!

 
Comment by Little Al
2014-04-21 21:35:57

Housing prices are getting interesting to analyze. I really don’t think we’ll get an increase from last Summer, but even staying the same will be a positive since it will denote some stabilization in forming a solid bottom.

Comment by Housing Analyst
2014-04-22 02:48:43

Time for a new schtick JingleBalls.

 
 
Comment by Little Al
2014-04-21 21:37:11

I’m really excited about the prospects of my latest stock investment with drilling companies scoring high interest since they may be at present oversold.

 
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