The Housing Bubble

“Now that he has passed the Control-P button to Yellen”

This alone gets a +1 from the debt donkey.

Nice article, catboy.

See also WSJ article below about black college graduate unemployment and underemployment. Race hustlers like Michelle and Eric Holder are more concerned about what Grandma Bigot says than in solving real problems.

Don’t miss the top-shelf comments.

Like I’ve said, it all comes down to focusing on “social issues”, in order to better pick the pockets of the citizenry. With the citizenry being willing participants in the con.

Hope that waitress enjoys what’s left of her gig, because I’d be surprised if that diner lasted another year. Of course, it’ll have a surge in curiosity business just in time for Memorial Day Weekend and the summer season, but then people will avoid it like the plague.

And under Breschnev and predecessors, they asked school children to inform on their parents.

Folks, I agree, we’ve come full circle by establishing a society that Aldous Huxley warned us about: If it walks like a duck, quacks like a duck, it must be a duck.

What is exactly is the problem with her remarks?

You asked the other day why I took issue with Mitt Romney’s loft pronouncement of a private comment. Well, here it is:

http://en.wikipedia.org/wiki/Black_people_and_Mormonism

And they may have changed their doctrine in 1978, but when I was taking instruction from a couple of missionaries during the early 1980s, the concept was still very much alive. Just as polygamy was outlawed to conform to the laws of the land, so were racial restrictions modified to fit with the zeitgeist of the times. I don’t hear Romney discussing the “vile” past doctrines of his religion. In other words, hypocrisy reigns supreme. (BTW, I did not pursue instruction after a certain point for those and other reasons). So once again, Romney can STFU, he’s not in any position to comment.

Kinda like the toilet bowl calling the bathtub white.

we’ve come full circle by establishing a society that Aldous Huxley warned us about: If it walks like a duck, quacks like a duck, it must be a duck.

But what’s the duck? Again: what’s the duck? You don’t even have a clue. Most have no idea what the duck is. So here’s the thing. The duck is America falling apart because the average American has no capital anymore. How can American capitalism serve Americans when the average American has no capital?

American middle-class wealth started to be massively redistributed to the very rich in the early 80’s and it continues today. This is fact. Now look at this chart and tell me when the US prison started to EXPLODE. This chart is off-the-chart in its horror. Now tell me WTF’s the duck?

http://www.wtffinance.com/wp-content/uploads/2011/02/rsz_prison_population_1920-20062.jpg

And as the prison population exploded crime dropped dramatically since most of the people sent to prison belong there, even if the charges that actually got them into cells were minor, their criminal histories justified their incarcerations.

“…..their criminal histories justified their incarcerations.” Joseph Stalin, 1936

We are not talking about political crimes, we are talking about murder, rape, aggravated assault etc. Only Obama supporters would confuse the two.

And it works in the other direction also despite what the ACLU tries to claim release them and crime goes up:

http://www.mercurynews.com/crime-courts/ci_24789369/californias-incarceration-rate-drops

During his campaigns Romney didn’t like to talk much about his church. Of course, that was a complete departure from his time as a missionary, when he talked about his religion to French people who mostly didn’t want to hear about it.

I do recall reading somewhere that he stated that he opposed the LDS doctrine about black people and was pleased when it was reversed. His father had a number of civil rights initiatives when he was governor, and Romney admired his father greatly.

There are plenty of Romney statements that are worthy of criticism, but this isn”t one of them.

“I do recall reading somewhere that he stated that he opposed the LDS doctrine about black people and was pleased when it was reversed. His father had a number of civil rights initiatives when he was governor, and Romney admired his father greatly.

There are plenty of Romney statements that are worthy of criticism, but this isn”t one of them.”

If he opposed the doctrine, he could have left, long ago, instead of waiting to be “pleased”. So he wasn’t all that opposed, period. I don’t think he means what he says and was grandstanding, perhaps considering another run for Pres. Hence my objection.

I doubt that he’s going to try to run again. Neither of the two major parties has re-nominated a loser since 1968. He probably wants to be some sort of elder statesman, travelling around the country making speeches, endorsing candidates, etc.

“American middle-class wealth started to be massively redistributed to the very rich in the early 80’s and it continues today. ”

And wasn’t that also about the time that the class wars against the Welfare Queens started in earnest? It’s no accident that the class war was fomented first among the rural middle and working union-ish employees — because those were the jobs that were the first to be automated and/or outsourced.

And wasn’t that also about the time that the class wars against the Welfare Queens started in earnest?

Yes. It has Reagan’s and Reagan’s TrickleDown race-baiting peoples’ fingerprints all over it. So does the Obama “Chicago Politics” veiled racial aspect of today.

The term “welfare queen” is a pejorative phrase used in the United States to refer to people who are accused of collecting excessive welfare payments through fraud or manipulation. Reporting on welfare fraud began during the early 1960s, appearing in general interest magazines such as Readers Digest. The term entered the American lexicon during Ronald Reagan’s 1976 presidential campaign shortly after he described a woman abusing welfare from Chicago’s South Side, although he never used the term “welfare queen” when referencing the woman.[1]

Since then, it has become a stigmatizing label placed on recidivist poor mothers, with studies showing that it often carries gendered and racial connotations.[2][3] Although American women can no longer stay on welfare indefinitely due to the Personal Responsibility and Work Opportunity Act, the term continues to shape American dialogue on poverty.[3] wiki

“We are not talking about political crimes, we are talking about murder, rape, aggravated assault etc. Only Obama supporters would confuse the two.”

And drugs. Lots and lots of drugs. And some drugs are more equal than others.

No, she didn’t ask anyone to inform on anything.

Encouraged. There’s a difference.

Or it is a distinction without a difference. As I said since his election, Obama has all the characteristics of a dictator, his natural impulse is to crush dissent, whether using his friends in the media or the IRS. Lucky for most of us, he lost his popularity before an event occurred that might have allowed him to attempt becoming president for life.

Yes, but what I notice here is that this is another example of one group of whites opposed to another group of whites, using race against them. That’s what it’s really all about.

I’m referring to the New Hampshire incident.

What’s the motto there? “Live Free or Die”? Guess they made their choice.

Private conversation is what’s at issue here, nothing more, nothing less.

(Obama) lost his popularity before an event occurred that might have allowed him to attempt becoming president for life.

delusion de·lu·sion
noun
noun: delusion; plural noun: delusions

an idiosyncratic belief or impression that is firmly maintained despite being contradicted by what is generally accepted as reality or rational argument, typically a symptom of mental disorder.
“the delusion of being watched”

Michelle Obama was encouraging people to do certain things in their private lives. She mentioned nothing about involving the government. I would imagine that someone Rand Paul would say that is an accpetable way of fighting racism.

an idiosyncratic belief or impression that is firmly maintained despite being contradicted by what is generally accepted as reality or rational argument, typically a symptom of mental disorder.
“the delusion of being watched”

Rio/Lola it pretty well sums up your repeated attempts to blame Reagan for Obama’s failures.

Michelle Obama was encouraging people to do certain things in their private lives.

Since racism starts in the family, maybe it ought to stop in the family?

Rio, the delusion that caught me was about Obama “having all the characteristics of a dictator.” say whut. I’ve never known a dictator to “lead from behind” or to “not hold a real job” or to always be pleasing his liberal union donors.

Rio, the delusion that caught me was about Obama “having all the characteristics of a dictator.”

That one caught me too. Obama, the “empty suit” “not a leader” dictator.

It was a tough call deciding which of his delusions to point out.

Tries to run government by executive edict, circumvents the constitutional requirement of congressional approval of cabinet members by appointing czars, regulatory overreach, and uses government to stifle dissent i.e. IRS and refuses to compromise. Those are all the signs of a Mugabe personality.

BTW, just because you are lazy and incompetent does not mean you do not have the personality of a dictator.

Doesn’t matter, Dan. In the end, it’s your so-called friends, neighbors and even family who will do you in, and often with great alacrity.

It’s those who appear to agree with you or hold similar opinions who are the most dangerous.

And they are far more dangerous than Obama or any other government figure, that’s for sure. The waitress, store clerk, classmate, co-worker, even husband or wife, son or daughter. Those are the people who will record you, report you, get you fired or arrested.

Tries to run government by executive edict,

“Edicts”? Now there’s some PSYOPS propaganda mixed with falsehoods. Firstly, the word is Executive Order, not edicts. IMO, the rightwing thinktank focus groups came up with “edict” with Obama because it is a word associated with Kings and monarchies and fits in with them painting him as a King or a dictator. Just as the right uses the word Job CREATORS to make the rich seem more divine or godlike. It’s all word jive but pay attention because they are slippery characters.

And besides:

When It Comes To Abuse Of Presidential Power, Obama Is A Mere Piker

http://www.forbes.com/sites/richardsalsman/2013/01/28/when-it-comes-to-abuse-of-presidential-power-obama-is-a-mere-piker/

…Republicans and conservatives have complained loudly lately that President Obama has been resorting to non-democratic and unconstitutional governance; imperiously ignoring the so-called “will of the people” by issuing a cascade of new executive orders.

….If so, then certain Republican presidents – including Dwight Eisenhower, Gerald Ford, and Ronald Reagan – must be classified as even more monarchical, un-American and “fascistic” than Barack Obama. The nearby table shows the number of executive orders issued per year by every U.S. president since 1900.

The average for all twenty presidents is 44 per annum ….. So far, Mr. Obama has averaged 37 executive orders p.a., which is below the long-term average of 44 p.a., and lower also than the rate of five GOP presidents – including Gerald Ford (84 p.a.), Dwight Eisenhower (60 p.a.), Richard Nixon (58 p.a.), Ronald Reagan (48 p.a.), and George H.W. Bush (41 p.a.).

Yes and that is the fear that she wants to instill. Your private conversations will be revealed so you better be careful that you do not say anything that the PC police can consider “racist”. Of course, they then define racism as pointing out that Chicago has a high crime rate.

Of course, they then define racism as pointing out that Chicago has a high crime rate.

But you don’t need to worry about that personally, do you? You’ve already declared yourself to be a proud racist.

No, I have not but I also cannot and will not ignore clear data such as IQ. Of course, it means nothing on the individual level, high IQ people come from every race. However, when people cry racism they need to show racism not pretend that IQ difference do not exist at group levels.

More distortions from Rio, just like Obama likes to count deportations at the border which were never counted by other presidents when counting deportations, the liberal talking points is to discuss quantity of executive orders compared to the scope of the executive orders which is unprecedented under Obama. Executive orders which directly contradicted language in the statute such as the start dates for Obamacare provisions is an unprecedented use of executive orders.

No, there was a time when you were arguing with someone about race and IQ tests and you did finally just admit that you were a racist.

And don’t forget, Ron Paul say that racism is collectivism and Bill in LA says racists are statists, which is apparently a bad thing to be.

Show me that post, I did not admit I was racist unless you mean when I said that if dealing in facts such as an IQ is a racist then I am a racist. However, I do not believe that it is. MLK ask that each person to be evaluated on his or her merits not that we to have to find that everyone is equal. The race baiters make arguments that if applied to the NBA would mean the NBA is racist against whites. The stupid argument would go like this blacks make up around 13% of the population but about 80%? of the NBA, the NBA must be favoring blacks over whites.

No. I have a longer post but I do not consider myself a racist but I do know that the word has lost all meaning so others do so if they want to consider me a racist, I am fine with that and will not be intimidated to be silent by that Saul Alinsky tactic.

Mike, you cannot repeat if over and over just like Rio but it does not make it true. I stated that if refusing to ignore facts was racism then I could be considered a racist but that is clearly not what racism originally meant.

I’m not repeating things over and over and your reference to Saul Alinsky is just lame. Who the hell is he or was he exactly?

I don’t remember what you wrote exactly, but it was something similar to what you’re saying now, which is that you mind being called racist. Your assertion that the word has lost all meaning is incorrect. I had a little exchange with tj a few weeks ago when he accused me (for no reason) of not knowing what the word meant. So then I went through the silly exercise of giving him a definition and he dropped the issue.

‘Racism…may also hold that members of different races should be treated differently’

Like killing innocent brown people with drones? Obama is a racist, you support him, so you are a racist Rio. You’re a fascist too. Now knock it off on this crap. If you can’t say all you need to say in a few posts, you need to start your own blog. I’m not paying for any more of this crap. End of topic.

Of course, it means nothing on the individual level, high IQ people come from every race.

This is a reasonable anti-racist statement. But the whole fascination with IQ scores is a little odd.

Think about it. Some people came up with the idea that intelligence could be measured and expressed as a single number, just like you can measure someone’s height or weight. Then tests were developed which could be used to determine that number for any person. Then those tests were administered to different kinds of people and it was found that people with black skin had lower average scores than people with white skin.

You find the fact of those lower average scores to be a tremendously useful and fascinating piece of information. It raises more questions. Do you ever wonder what sorts of questions are on these tests? How can the people administering the tests tell how much genetics influnces the test scores as opposed to education, family environment, etc. Would you be writing about those tests so frequently if it turned out that your people had the lowest scores?

Now knock it off on this crap.

So Ben, You let Adan post all over with total bs, tell lies, call people f@gs, and be a real racist but you censor my responses to him when he posts three times as much as me - as much as anyone?

Why? How bout my post proving he’s a liar on the monetizing the debt thing?

And Billinwherever, you let him take cheap swipes at me and then you protect him from my responses?

I don’t get it.

How many posts did you put up today? Long, angry, divisive, posts. I can’t just approve those without reading them. You may not know but I’ve got a little problem on my hands right now with smoke blowing over the roof and my car packed for possible evacuation. I don’t have time to be your personal moderator.

How many posts did you put up today? Long, angry, divisive, posts.

Yes. A lot of posts today but I post way less than Adan’s daily constant stream of one sided, hateful, racist, lying, angry homophobic post and I’ve been gone for a month maybe. IMO, you have about 7 angry right-wing posts for every 2 left-wing posts and I’m much more civil than your extreme posters on the right. You have a mean, angry group there who can’t stand to hear many truths and can’t stand anyone challenging their narrow view.

I’ve got a little problem on my hands right now with smoke blowing over the roof and my car packed for possible evacuation

I’m Sorry. Be careful and take no chances with fire and wind. Good luck.

Mz. Lola….. How many times in your life has a smackdown been delivered to you because you didn’t have the street smarts to STFU?

A dozen or more I wager.

For heaven’s sake Ben, IT’S GO TIME. Shut off the server for however long and PLEASE GO. We will do without the blog. Really.

Rio, please lay off. Flagstaff is on fire.

Ask Gundlach, he manages billions.

And Dre is also a billionaire.

Your motive is showing again Liberace.

Cannot get anything to post under the charge that I admitted I was racist. No, I did not but I did admit that I did not even no what the word meant anymore and if it meant that you had to ignore facts than I might be. However, I do not know believe that one should be silenced by the Saul Alinsky tactic of calling someone a racist to shut them up.

For clarification, if it so happens that Race A has a lower average IQ score than Race B has, would anyone who pointed out Race A’s lower IQ score automatically qualify as a racis’?

How about if Race B has wimpier, slower, growth-stunted basketball players who couldn’t compete on the NBA courts with members of Race C? Would it be considered racis’ to point this out?

I get the feeling that some posters here like to live in a fantasy world where all races of people on the planet are equal in every dimension. They aren’t. Get over it and your problem with any discussion of objectively measurable differences.

I wrote about this above. If some test is administered to a large group of people and people with a certain skin color receive, on average, lower scores than those with a different skin color, stating that fact is not necessarily racist.

Also, regarding this:

I get the feeling that some posters here like to live in a fantasy world where all races of people on the planet are equal in every dimension. They aren’t. Get over it and your problem with any discussion of objectively measurable differences.

It’s pretty widely understood that races are different in certain “dimensions”. Some of those things include skin color, facial features, etc. Then there are certain diseases that affect some group more than others.

A separate issue is the blanket animosity some people feel towards member of other races and the satisfaction that gives them.

Then there’s this whole new issue of misspelling the word. What is the point of that? Do you think that racism is not a bad thing? Or are you saying that we have a big problem in America because people are being falsely accused of racism on a regular basis? If so, where is the evidence of that?

“Do you think that racism is not a bad thing?”

You seem eager to jump to conclusions. I merely though racis’ was the standard HBB spelling, similar to looser. But now I stand accused of not having a sufficiently sensitive attitude towards the subject.

It was question, not an accusation. If you’re just following the lead of others, you don’t mean anything by it.

However, my question is not a rhetorical one. Other people, not you, are apparently trying to make some point by misspelling the word. Even though I’ve seen it misspelled many times now, I can’t tell what the point is that they’re trying to make.

‘I can’t tell what the point is’

I’m pretty sure it’s to get around the moderation filters. You see some version of it all the time in comments around the internet.

Lola, whatever your strange fantasies about me, at least I am happy that you don’t know where I live.

I know where you live BillwhereverTheBuckCalls, wherever your government funded boss tells you to. Unlike me who has lived wherever he’s chosen since 1986. I’m my boss. Me.

You are quite the great example of the “libertarian”. The great “libertarian” who would basically call someone a f@g if he didn’t like his politics.

You really walk the walk don’t you?

So who is your boss in that DC favela soiree Mz. Lola? Is it you or Liberace?

You really walk the walk don’t you?

Zaaat you, John Wayne?

Yes that is a good point Dan. The Fed cannot kill all precious metals, which is another good reason to shop for a variety of colors!

Obama? LMFAO.

He is a joke. Remember to laugh at H. Clinton and Rice too they developed the policy to change the government.

From Wikipedia, we broke Libya now we have to live with the consequences including less than a third of the oil production. Rice’s role:
As the 2011 Libyan civil war progressed, Rice made clear that the United States and the international community saw only one choice for Gaddafi and his aides: step down from power or face significant consequences. Rice offered some of the toughest rhetoric toward Gaddafi, blasting his denials of atrocities against his own citizens as “frankly, delusional”. Several UN diplomats said that in a closed door meeting on April 28, Rice’s claims of Gaddafi’s atrocities included the issuance of Viagra to loyalists in order to further terrorize the population with sexual violence.[41][42] Together with National Security Council figure Samantha Power, who already supported military intervention, and Secretary of State Hillary Rodham Clinton, who came to support it, the three overcame internal opposition from Defense Secretary Robert Gates, security adviser Thomas Donilon, and counterterrorism adviser John Brennan, to have the administration advance a UN proposal to impose a no-fly zone over Libya and authorize other military actions as necessary.[19][43] On March 17, 2011, the UK, France and Lebanon joined Rice to vote for United Nations Security Council Resolution 1973 while Brazil, Germany, and India joined permanent Security Council members China and Russia in abstaining. Rice and Clinton played major roles in gaining approval for the resolution.[19][44] Clinton said that same day that establishing a no-fly zone over Libya would require the bombing of air defenses. Rice said that “we are interested in a broad range of actions that will effectively protect civilians and increase the pressure on the Gaddafi regime to halt the killing and to allow the Libyan people to express themselves in their aspirations for the future freely and peacefully”.[45]

In January 2012 after the Russian and Chinese veto of another Security Council resolution calling on Syrian President Bashar al-Assad to step down, Rice strongly condemned both countries, saying, “They put a stake in the heart of efforts to resolve this conflict peacefully”, adding that “we the United States are standing with the people of Syria. Russia and China are obviously with Assad.”[46] In her words, “the United States is disgusted that a couple of members of this Council continue to prevent us from fulfilling our sole purpose”.[47]

But we won’t take the Nicaraguans!

“the Nicaraguans!”

We’ll take ‘em too.

We should just build a new Ellis Island in South Texas, and make it a “one stop shop” for immigration and welfare benefits.

Get your green card, your WIC, your SNAP, your Medicaid, your Section 8, your Obamaphone, free tax advice (in Spanish) how to maximize your EITC, free legal advice on how to skip the country if you drive drunk and commit vehicular manslaughter, and last but not least, your Democrat party voter registration card.

Galveston was one of the largest ports of entry in the first half of the last century. I think I read more people came through there than Ellis or Angel Island.

“Blazing Saddles”

Obama did not have to pursue the printing of money policy and I said back in November of 2008 exactly what would happen so he should have known that only the rich would benefit. Reagan never opened up the printing presses and the working classes enjoyed real wage gains when he was president but keep trying to rewrite history to avoid admitting that Obama is either a dumb azz or a puppet for the rich.

That’s not true. Plenty of non-rich people have benefited from low interest rates, such as those who have re-financed their mortgages.

Obviously there were not too many or the economy would be much better than it is. The numbers speak for themselves the lion share of the benefits went to the rich, just as I predicted in 2008.

Which numbers are those? Have you actually read anything summarizing all of the effects of the loose monetary policy?

The numbers identified above in the post and the weak economy at the same time the stock market is hitting record highs, it should be rather obvious it the policy has failed except for the .01%.

Reagan never opened up the printing presses

No? Reagan tripled the National debt and fired Volker to put in Mr. BankLickerSupplySide Greenspan.

….On June 2, 1987, President Ronald Reagan nominated Greenspan as a successor to Paul Volcker as chairman of the Board of Governors of the Federal Reserve…..The easy-money policies of the Fed during Greenspan’s tenure has been suggested to be a leading cause of the subprime mortgage crisis, which occurred within months of his departure from the Fed, and has, said The Wall Street Journal, “tarnished his reputation”.[6] wiki

Paul Volcker, the previous Fed Chairman known for keeping inflation under control, was fired because the Reagan administration didn’t believe he was an adequate de-regulator.
wiki

I think many economists would say that the situation would be worse if interest rates had been reduced so much. Unemployment would be higher, for example.

Rio if you do not know the difference between borrowing and printing money than you have just shown you have the average IQ of Brazil. Obama will create almost as much debt as all the presidents combined (including Reagan) and will have an average growth in the GDP of probably half of Reagan that says it all.

Rio if you do not know the difference between borrowing and printing money

Of course I know the difference. Reagan and his policies and his critical appointments did both. You can’t handle the truth and you are bad at comprehending things that make you mad.

Again:
….On June 2, 1987, President Ronald Reagan nominated Greenspan as a successor to Paul Volcker as chairman of the Board of Governors of the Federal Reserve…..The easy-money policies of the Fed during Greenspan’s tenure has been suggested to be a leading cause of the subprime mortgage crisis, which occurred within months of his departure from the Fed, and has, said The Wall Street Journal, “tarnished his reputation”.[6] wiki

There was no easy money during the Reagan years and you cannot show me one chart that shows a massive increase in the money supply. You must be working for the Obama administration because you love to distort the truth. Reagan achieved the incredible recovery with supply side economics and did not monetizing the debt like Obama.

you love to distort the truth.

How is this “distorting the truth? Explain. How? We speak English and you write English. How is this “distorting the truth”?

Reagan, his policies and his like-minded, SupplySide Fed appointments both borrowed money and printed money like a drunken sailor.

….On June 2, 1987, President Ronald Reagan nominated Greenspan as a successor to Paul Volcker as chairman of the Board of Governors of the Federal Reserve…..The easy-money policies of the Fed during Greenspan’s tenure has been suggested to be a leading cause of the subprime mortgage crisis, which occurred within months of his departure from the Fed, and has, said The Wall Street Journal, “tarnished his reputation”.[6] wiki

Greenspan did not practice easy money until the Clinton Administration more than four years after Reagan had left office. You can distort and repeat the same b.s. over and over but you cannot show easy money under Reagan. Obama by failing beyond comprehension has just demonstrated the greatness of Reagan and it kills you. Thanks Obama for being even a bigger failure than Carter.

Clearly Obama is at fault for monetizing the debt, but he isn’t alone. Bush appointed Bernanke and the GOP Senate confirmed him. I don’t know if any GOP senators attempted to filibuster Bernanke’s reappointment by Obama (I know Bernie Sanders tried.)

Greenspan did not practice easy money until the Clinton Administration more than four years after Reagan had left office.

Totally wrong. The modern day practice of SupplySide “Moral Hazard” “easy money” began during Reagan’s presidency in 1987. Did you not get the memo?

See: “The Crash of 87″
President in Office: Reagan
Chairman of the Fed: Greenspan
Appointed by: Reagan

Black Monday – the Stock Market Crash of 1987

http://www.thebubblebubble.com/1987-crash/

“Shortly after the crash (Of 1987), the Federal Reserve decided to intervene to prevent an even greater crisis. Short-term interest rates were instantly lowered to prevent a recession and banking crisis. “

Distort once again lowering interest rates short term is hardly monetizing the debt. Rio, just show a chart showing the Feds balance sheet under both presidency.

Presidents. The graph goes parabolic under Obama, there is not one president that monetized the debt since the civil war before Obama.

Found it, balance sheet flat under Reagan parabolic under Obama the blue line shows the Federal Reserve’s balance sheet, had Reagan financed the debt by monetizing he would not have increased the debt since a good part of the deficits were caused by higher interest rates to fight Carter’s inflation but he knew that monetizing debt always ends badly, once again Rio is so wrong he is delusional:

http://www.ritholtz.com/blog/wp-content/uploads/2013/09/chart2.jpg

balance sheet flat under Reagan parabolic under Obama…. once again Rio is so wrong CORRECT he PROVES ADAN is delusional:

Nice propaganda. You show a 120 year chart so obtuse and hard to find that you can’t tell when the parabola began.
Hint:

1. The Fed’s balance sheet of monetizing almost three decades of TrickleDown debt began to go parabolic under Bush in Sept 2008, 2 months before Obama was elected.

2. Bush first monetized the debt, BigTime, not Obama.

Here’s a chart easier to find and easier to read.

http://www.mybudget360.com/wp-content/uploads/2009/05/federal-reserve.png

Mz Lola,

Do you wear heels when you do the Mambo?

Clearly Obama is at fault for monetizing the debt,

As just shown, monetizing the debt began under President W. Bush Sept 08, before President Obama was elected president.

And here I thought you were a GovLovingRepubliCorporatist.

“Thus, if you listening to as a conservative without realizing that you are getting what the .01% want you to hear then I do questioned your intelligence.”

I question your intelligence without using an “if”.

Trying adding up all the news sources both cable and air and it is pretty clear.

Did you read the thing on Yahoo? What’s the wolf?

The whole claim that racism is the reason that blacks as a whole are performing so badly. You only need to listen to ten minutes of rap music to know the real reasons.

You only need to listen to ten minutes of rap music to know the real reasons.

Would that be rap music that is about police brutality?

Would that be rap music that is about police brutality?

Nope, just about glorifying drug dealing and thuggery.

From what I can recall, the APA and other academic types took a while to come out with their response to that book. In the meantime, it the book had received loads of attention and sold a bunch of copies.

Unless they can explain the IQ gap any attempt to dismiss genetics is laughable at best. The average IQ of blacks in sub-Saharan Africa is 75. The simple truth is the more mixing between whites and blacks the higher the IQ of blacks, this certainly is a prima facial showing of genetics. I guess we should also ignore the obvious that lighter skin blacks tend to have a higher IQ. The book was well researched by brilliant researchers and no body has shown that there evidence was not validated, they only disputed the conclusions without explaining why hundreds of billions in social spending has not closed the gap and the gap exists in Europe despite all their social spending.

From the Rio/Lola article:

“Among the remedies offered are an emphasis on minority home ownership in neighborhoods with increasing values, as well as school desegregation, drug law reform, and the sort of early health intervention programs the Affordable Care Act would deliver to participating states.”

So we need to re-inflate the bubbles in minority neighborhoods, yes, lets bring back subprime mortgages, liars loans and any other method to inflate houses in neighborhoods with no jobs using Carter era laws. It worked once why not try it again?

So we need to re-inflate the bubbles in minority neighborhoods, yes,

Guess you intentionally missed the much more important parts about:

Among the remedies offered are….school desegregation, drug law reform, and the sort of early health intervention programs the Affordable Care Act would deliver to participating states.

What we didn’t know: Bias based on race costs the United States a shade under $2 trillion a year.

You can repeat the lie over and over again but it does not make it a fact. Racism is not costing the country $2 trillion a year, however affirmative action by putting incompetent people in positions they do not deserve is costing America.

Did the report adjust for the fact that the average black in America has an IQ or 85 and the average white an IQ of 100? Just yes or no Rio. If it did not the study is just garbage and none of the so called solutions can change that established fact which you can confirm on numerous websites or in the Bell Curve.

http://www.vdare.com/articles/debating-the-unmentionable-the-black-white-iq-gap

or=of

“Did the report adjust for the fact that the average black in America has an IQ or 85 and the average white an IQ of 100?”

What’s this all about?

OK, I read the Vdare link and I can’t make heads or tails of it. If you have a test with 200 questions, and the median score is, say, 140, than doesn’t everyone who scores 140 get “100 IQ,” regardless of race? Or something like that?

That Vdare article was written in 2006 and its most current citation is statistics from 1997. It’s 2014 today.

Did the report adjust for the fact that the average black in America has an IQ or 85 and the average white an IQ of 100?”

What’s this all about?
What is about it the “study” assumes all differences in outcomes is due to racism and not any other factor such as IQ and that is a nonstarter. It reminds me of a study a few years ago that claimed to prove that spanking caused lower IQ. There test subjects were in Southern Africa and Nordic countries. Turned out that the Nordic countries had higher IQs than the Southern African countries and they spanked in Southern Africa and not so much in Nordic countries so that proved spanking lower IQ duet to race could not be considered.

If would be funny if not for the millions of taxpayers wasted on such studies that ignore the obvious.

I think that spanking legislators would improve their IQ. I am willing to fund a study.

With even optimistic predictions claiming only a 5 percent increase in prices this year, there isn’t any quick cash to be made. 5 percent means bye bye investors hence the rush for the exits occurring now before price drops.

And wait til tech pops sometime in the next year also. Oof it’s gonna get ugly.

You got me there. It doesn’t really have much to do with paying multiples, except that I can afford the multiples as well as the original loan principle.

If you could afford it, you wouldn’t be making payments for 15 or 30 years. . You can’t afford it.

$100k? I don’t believe Lola’s net worth remotely exceeded $20k. Useless critters generally don’t have any net worth at all unless someone gave them the cash.

Yes, we all understand that it’s a bad idea to sell illegal drugs. Some people think that’s it’s a bad idea to make them illegal in the first place.

Guilty and Charged
As Court Fees Rise, The Poor Are Paying The Price

In Augusta, Ga., a judge sentenced Tom Barrett to 12 months after he stole a can of beer worth less than $2.

In Ionia, Mich., 19-year-old Kyle Dewitt caught a fish out of season; then a judge sentenced him to three days in jail.

In Grand Rapids, Mich., Stephen Papa, a homeless Iraq War veteran, spent 22 days in jail, not for what he calls his “embarrassing behavior” after he got drunk with friends and climbed into an abandoned building, but because he had only $25 the day he went to court.

The common thread in these cases, and scores more like them, is the jail time wasn’t punishment for the crime, but for the failure to pay the increasing fines and fees associated with the criminal justice system.

A yearlong NPR investigation found that the costs of the criminal justice system in the United States are paid increasingly by the defendants and offenders. It’s a practice that causes the poor to face harsher treatment than others who commit identical crimes and can afford to pay. Some judges and politicians fear the trend has gone too far….

http://wnpr.org/post/court-fees-rise-poor-are-paying-price

NPR has been running similar stories on Morning Edition all week.

And the hash oil case is weird because of some poor drafting of the law that means that because it was hash oil (not actual plant matter) the entire weight of the brownies is used to dermine the sentencing, not the weight of the pot.

Also, please note that you guys rightly pointed out that the possible sentence is 5 years to life and ADan’s reply assumed that 5 years is the maximum sentence, not the minimum one.

Yes, we all understand that it’s a bad idea to sell illegal drugs. Some people think that’s it’s a bad idea to make them illegal in the first place

Recently, there were some deaths in Colorado due to pot brownies. Hash oil maximizes this risk due to much higher THC levels. If some children would have gotten hold of these brownies a similar incident could have occurred. Polly, I assumed given the facts that know judge would even consider giving more than the minimum and I do not know whether they have the right to suspend the sentence and place someone on probation, many courts do. Also as the article I posted states plea bargaining is possible. Even in states that legalize there will have to be some regulation to keep drugs from minors particularly young minors.

http://abcnews.go.com/US/marijuana-edibles-dangerous-smoking/story?id=23468248

” A Wyoming college student leapt to his death from a Denver hotel balcony after eating a marijuana cookie purchased at a pot shop”

The pot didn’t kill him, the hitting the ground from the fall off the balcony did. Take this sentence for instance:

In other news, air is deadly! A Wyoming student breathed some air right before he jumped off his hotel balcony…

You can quickly see it is total bullshit.

The story also discusses children going to ICU after eating pot brownies so it is not total bull. Hash oil brownies should be even more potent and potentially dangerous. Even legal products such as alcohol need to be kept from children and have some regulations. I am not talking about a repeal of the Colorado law but only saying that the unregulated sale of hash brownies is not a crime without potentially serious consequences. I want to know a lot more than the story is telling me including to whom he was selling those brownies.

Why would a DA plea bargain to below the minimum sentence? DA’s plea bargain to let the person avoid the maximum - in this case life in prison.

If you poke around a bit it you will find that the hash oil is already treated like a more dangerous substance than just pot, presumably because you can actually get seriously hurt just by eating it. But any rule that says that if make something with hash oil in it, the law assumes the whole thing is solid hash oil to determine how much of it you have? That is just stupid beyond all belief.

We have this thing called science. Analyze the brownies to find out how much hash oil is in it. Use that as the weight of the hash oil for deciding how much of it he had/might have been planning to sell. Assuming the brownies are 100% hash oil is some sort of weird cost saving measure so that Texas doesn’t have to pay to figure out how much hash oil he actually used. Because, why should people who know how to work in a lab actually have jobs when you can just hire more prison guards.

As someone who unknowingly got slipped some hash in a coffee cake back in the day, and had the experience of getting hit with the effects all at once while driving around doing errands on lunch hour, I hope the guy gets to cool his heels in prison for a while. Screw him.

It is total bullshit, and a hatchet job from people who have held anti drug views for ages in support of authority, and are upset that their worldview is crumbling with the success of the colorado pot legalization.

>The story also discusses children going to ICU after eating pot brownies so it is not total bull.

Ok take this for instance:
Children’s Hospital Colorado in Aurora, Colo., saw a significant spike in the number of children treated for accidentally eating marijuana-laced treats after Colorado relaxed its drug laws, according to a 2013 study published in JAMA Pediatrics.

What does that even mean? People take their kids to the ER to be treated because they eat dirt also. None of these instances are showing any long term effects from usage or even accidental ingestion. The few medical long term effects of marijuana are being a a potential trigger for onset of predisposed schizophrenia, and possible negative effects on the frontal cortex. All the lying bullshit other than this just makes people lose all respect and belief in authority.

It is my sincere hope that prohibition of drugs will go the same way as prohibition of alcohol, and make some small dent in the prison/police oppression going on, and also help with the dismantling of the drug mafias in the US and latin america.

Jose, it is amazing with all the true victims of crime that the media can find the most sympathy for a drug dealer.

Why would a DA plea bargain to below the minimum sentence?

The story I posted clearly indicates the DA would consider moving from a felony to misdemeanor which would clearly be below the minimum on the felony.

More than $55/sq ft.

You know what to do.

If my wallet were as empty as your purse I wouldn’t like data driven analysis either. Keep seeking the vindication though. Watching you is priceless.

But HA she suggested she was sitting on a gold mine and could sell other things to raise money.

I’m packed and ready. I am watching the emergency site regularly for evacuation notices. Right now, the house I’m in isn’t in the path of the fire. But I can see the smoke has increased a lot and is getting darker. Hopefully the wind won’t change direction.

Good luck Ben. I lived in Flagstaff not far from the observatory fire and know what you are going through. BTW, the NWS is predicting within about a week above average rain for the area but that is hardly a comfort right now.

Be safe Jonesy. Take no risk.

Hey the Realtors are using the parabolic rise in the Fed’s balance sheet to sell homes:

http://activerain.trulia.com/blogsview/4278503/great-video-looking-at-the-parabolic-rise-in-the-fed-s-balance-sheet-

No wonder you’re nervous R._Fraud.

We’re at the early stages of selling homes,

And there it is, the rush to the exits we’ve all been saying was coming for investors. Thanks for the confirm Firesale Watch. Get out now!

Anytime. You can’t always count on it from me.

To answer your question, the answer is no.

Are there any things that you would recommend buying at massively inflated prices?

Yes, but only when you know for sure they will be even more massively inflated after you buy them. Housing does not fit that category, however, if the rich continue to enjoy Obama’s press printing fine art might just be in that category.

As an investment? Never.

However, I’ve been known to enjoy a massively marked up glass of Dolce with dessert from time-to-time.