June 24, 2014

Bits Bucket for June 24, 2014

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

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Comment by Jingle Male
2014-06-24 04:10:00

I am taking a risk of being accused by Fav that I have a mental illness because I am bringing a post forward, but I think we can have some fun with this:

Ben said yesterday, “I am going to the metro with the weakest housing market in the nation, where I will feast on the carcass of speculators.”

This is from LPS (now known as Black Knight):

LPS shows prices off 43.3% from the peak in Las Vegas, off 36.2% in Orlando, and 32.5% off from the peak in Riverside-San Bernardino, CA (Inland Empire). Prices are at new highs in Colorado and Texas (Denver, Austin, Dallas, Houston and San Antonio metros). Prices are also at new highs in San Jose, CA and in Nashville, TN.

Given Ben is leaving Flagstaff and Las Vegas is within 300 miles to the east, my money is on destination Vegas. If I am wrong, I will donate $50 to the HBB. If I am right, I will donate $100.

Time will tell. When will Ben disclose his new location?

Comment by FavelaTouro
2014-06-24 06:23:00

100 bucks is it? You got so much money that you can advise your “son” to sign up for big losses. Disgraceful. What are you a trust fund dabbler?

Comment by Housing Analyst
2014-06-24 06:32:10

A father setting up his offspring for a lifetime of financial losses is truly unimaginable. What a monster.

Comment by azdude
2014-06-24 06:59:15

jingle bucks is the only one around here who actually made some money and put his money where his mouth is.

How is your shoddy construction at 50/ ft holding up?

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Comment by Housing Analyst
2014-06-24 07:22:20

Hello Amy/$hithousePoet. You’re losses are racking up nicely.

Comment by FavelaTouro
2014-06-24 07:24:29

He is a degenerate gambler disclosing only winnings.

Comment by Jingle Male
2014-06-24 07:10:39

Fav, where have you been?

This blog has been a very informative guide for me since 2006. I have been investing in housing and Ben has helped me avoid losses and produce enormous gains. I share some of my cash flow with him from time to time and when I sold a house in mid 2013 I sent him 1% of the gains as a tip of the hat to his effort. It was $1,000.

As you see in the post above, Ben is currently moving to a new location to do the same thing I do. Genius! It should be rewarding and rewarded.

Comment by FavelaTouro
2014-06-24 07:25:59

I cant keep track of shills and fraudsters. Ben doesn’t pimp housing like you do.

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Comment by azdude
2014-06-24 07:38:54

jingle bucks has forgot more about this blog than you will ever know.

Comment by FavelaTouro
2014-06-24 07:45:11

As long as no one forgets he is a shill and a fraud who is encouraging losses and misery, I’m cool.

Comment by mikeinbend
2014-06-24 15:39:56

We all are free to do what makes us happy.
Vultures pick at carcasses.
I sell artisan food
Whatever floats your boat.

Comment by Housing Analyst
2014-06-24 07:26:10

And you wouldnt be sinking into that blackhole had you executed on what you read here.

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Comment by Elanor
2014-06-24 08:22:49

You are a gentleman, JM. The polar opposite of those who attempt without success to torment you. All the best to you and your son.

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Comment by Housing Analyst
2014-06-24 08:29:05

Awww how cute!

Silly drama queens.

Comment by Elanor
2014-06-24 11:34:21

HA, you sound like you are around 11-13 years old. What are you doing hanging around a housing blog? Go play on Snapchat or Instagram with others of your age.

Comment by Housing Analyst
2014-06-24 14:32:18

You go drama queen..

Comment by mikeinbend
2014-06-24 12:18:43

Just speculating here
But isn’t buying low and planning on selling higher kinda
Housing Analyst
Tell me how Ben isn’t speculating?
Timing the market.
Feasting on those who overpaid; getting a “deal” (buying houses)
How is Ben not flipping? Or landlording?

I know I am a mess; better me than you right?

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Comment by Housing Analyst
2014-06-24 14:34:56

You’re always speculating. That’s why you have nothing and always will.

Comment by mikeinbend
2014-06-24 15:32:31

what’s that fool? I live rent free in your head!
I own my own farm store business; this year better than last so it looks like half million in sales. Doubt it?
For a know it all you know nothing.
I do vegetable markets in a Paid for dodge truck.
I own the building I do commerce in. Every tree on the lot, every spatula in the kitchen; the walk in cooler, the rolling racks, the knives the ovens the reefers, too much to mention, but there is also the inventory.
I own two 2006 Honda CRVs
I have toys to play with; and a family I have raised that love me.
I just post here to piss you off but you are wrong thinking that I have nothing. Pizz off azzhat

Comment by Housing Analyst
2014-06-24 15:58:58

You got nothing but a trail of tears victim. Zero.

Comment by Ben Jones
2014-06-24 16:18:18

‘How is Ben not flipping? Or landlording?’

Here’s how I got into this business. After a while in the property preservation industry, I was asked to plan and coordinate rehabs on foreclosures. I’ve probably done a few dozen of these. It’s basically working within a lenders budget to bring a house up to a sell-able level, ideally to where the house will qualify for a loan. Roofs, plumbing, electrical, you see a little of everything in foreclosures. I got to where I could accurately calculate what it would cost. From there, some investors and I pooled a little money and started making offers, using the same repair estimates, and backed our way into a loan amount given a desired return on rents. I’ve had many people ask if we want to sell. But why would we? We’d just have to find the returns again.

The big difference between me an a flipper is I only drive prices down. When prices started going up, I stopped what I was doing. I refuse to participate in bubbles.

I’ve told you before, any money you’ve made came out of some greater fools loan. The money we make is a result of ruthlessly hitting the asset managers for the lenders for a better price. I have to make a lot of offers, counter-offers, walk away, try again. Then the job of doing the upgrades comes in. These houses don’t qualify for loans, so I’m not competing with the retail buyer. We take empty busted up houses, make them safe and comfortable and put a family in them. And we drive the comps down.

Comment by Housing Analyst
2014-06-24 16:23:06

“And we drive the comps down.”

Beautiful. And they need to come down. 60% in most cases, 75-85% in the rest.

Comment by mikeinbend
2014-06-24 16:43:25

Thank you Ben.

I am sure what you are doing is awesome and I understand better with today’s explanation. HA just needs to get a life instead of telling me what I will never have.

Despite HA’s assertions; I actually have stuff. Tangible and intangible. I bought and sold property for awhile, thus I have found your blog interesting and pertinent. Thanks.

Some don’t believe; that’s fine I guess. I am not even tech savvy enough to install the Joshua Tree, even though I love to read here, discourse with posters such as HA is non-existent because he never has his listening ears on; I’ll admit it irks me.

Comment by Housing Analyst
2014-06-24 16:45:24

Ya got nothing but spam. Nothing.

Comment by mikeinbend
2014-06-24 18:45:52

You are worse than my wife’s uterine fibroids before her hysterectomy.
Nag like the epididymitis I caught in college
Your jam band named ANAL Fissure Factor?
you know my whole story
Took your time to read it
And believe none of it?
Tells me how you budget your time; which is wastefully

Comment by FavelaTouro
2014-06-24 19:48:06

Your losses approach your gains?

Thank you for at least approaching the truth.

Comment by Housing Analyst
2014-06-24 19:59:58

That’s a tall order from a tale of woe teller. Or tall tale teller? Or bank teller?

Comment by mikeinbend
2014-06-24 20:21:31

yep, spent lots but saved enough to buy one last house to live in in 2009. Ended up renting anyway, so sold the house and bought a farm store.
That’s where I sit, no BS

Comment by mikeinbend
2014-06-24 21:35:52

Ben I am leaving the blog permanently; I know you could care less about my posts; but you know you have lost other voices due to your resident troll, maybe they had some value to you, IDK. I guess his stats are cool or whatever but I am turned the heck off. Nice people wish others luck when they embark on new ventures. HA is not nice.
I wish you success in your new venture.
The blog bully rules the comments with an iron fist.
And it sucks to not be able to voice anything of any nature without personal attacks by one and only one poster.
Thanks for the read and the place to write to an audience.
For freeeeeee!

Comment by Ben Jones
2014-06-24 21:56:13

‘know you could care less about my posts’

Don’t let the door hit your ass flipper.

Comment by Jingle Male
2014-06-25 01:46:26

Ben, your description of your business just described my business. We are doing the same thing. Congrats.

Comment by Prime_Is_Contained
2014-06-24 08:43:44

that you can advise your “son” to sign up for big losses.

I must have missed that when it went by initially—Jingle, can you clarify how you son figured into your RE investing?

Comment by Prime_Is_Contained
2014-06-24 10:14:25

Ah, feel free to ignore that, JM—I was delayed in reading yesterday’s BB, but see your post now.

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Comment by Salinasron
2014-06-24 06:26:41

I would think that Florida would be out due to hazard insurance costs. Nevada and R-B would be very good guesses. Vegas has little going economy wise other then gambling.

Comment by FavelaTouro
2014-06-24 06:32:20

Is identifying yourself as an industry insider with an obvious Pro-REIC bias a sign of mental illness?

Comment by Housing Analyst
2014-06-24 06:38:46

R._Fraud or J._Fraud.

Comment by Jingle Male
2014-06-24 07:12:50

Clearly, Fav is referring to Housing Analyst.

Comment by FavelaTouro
2014-06-24 07:27:24

Yes, HA is the pimp here fraudster. LOL.

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Comment by Blackhawk
2014-06-24 06:54:08

I agree. Vegas night life, no property taxes and an abundance of empty stucco homes.

I was also thinking about

1) where the new Tesla Gigafactory is going to be built,
2) the effect it will have on the property prices,
3) the fact that a US Senator was helping a Chinese company buy a lot of land and
4) Ben is moving where he can make a killing on property.

It has to be Las Vegas.

Comment by MightyMike
2014-06-24 07:44:36

I don’t think that Ben would subscribe to the theory that one factory could make a difference in a market of that size.

Comment by cactus
2014-06-24 08:26:16

An Engineer I work with has bought up a bunch of homes in Henderson NV and rents them out.

I think rents are falling there too much supply

Comment by Rental Watch
2014-06-24 13:38:06

My understanding is that the Gigafactory is going to be built in Reno, not Vegas. Rumor has it that it will be built in TRIC or near the Stead Airport. My money would be on TRIC.


Comment by rms
2014-06-24 19:32:08

It has to be Las Vegas.

There is also Nellis Air Force Base, significant drone operations, special forces training, cutting-edge aircraft testing, etc., so lots of support peeps and money.

Comment by Amy Hoax
Comment by iftheshoefits
2014-06-24 07:17:19

No need to comment here, the comments over there have already taken care of that for us. Heh.

It’s over, sweetie. The younger generation has figured it out. Now fetch us some breakfast bagels. And don’t forget the Cheetos.

Working in real estate will never feel like a real job.

Comment by Amy Hoax
2014-06-24 07:22:35

Renter for life.

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Comment by iftheshoefits
2014-06-24 07:32:26

Owned longer than I’ve rented sweetie.

I’ll buy if and when it suits. Down payment not an issue, I’m not trapped in a dead-end real estate career so I can afford.

So bring us the sandwiches!

Comment by Bill, just South of Irvine
2014-06-24 07:26:38

Where’s my beer? Move along woman and get me my beer!

Comment by Amy Hoax
2014-06-24 07:52:12

Bill, you’re smart enough that you shouldn’t drag yourself down to their level. You are probably the only renter on this blog that has actually achieved something in life.

The rest of these renters who failed to launch get to convince themselves that it’s still cool to be living with roommates at age 40, living every day with the growing feeling that life is passing them by.

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Comment by FavelaTouro
2014-06-24 08:02:38

Yes, no responsibilities and all that free time. Sounds awful.

Stifle, Edith!

Comment by Bill, just south of Irvine
2014-06-24 08:34:02

All of us renters achieved this:


Comment by Housing Analyst
2014-06-24 08:38:44

And cash.

Comment by mikeinbend
2014-06-24 14:20:39

Preach it Henny!

Comment by Housing Analyst
2014-06-24 16:33:26

Pimp it liar!

Comment by mikeinbend
2014-06-24 18:47:29

I sell food not pre-fab

Comment by Housing Analyst
2014-06-24 19:40:09


Comment by mikeinbend
2014-06-24 20:22:39


Comment by Housing Analyst
2014-06-29 05:30:43


Comment by FavelaTouro
2014-06-24 07:28:50

Two sandwiches and zip it.

Comment by Prime_Is_Contained
2014-06-24 08:57:24

“I am going to the metro with the weakest housing market in the nation, where I will feast on the carcass of speculators.”

Ben, I _loved_ this description of your new home, and you intentions! I hope it works out great for you! :-)

Comment by Housing Analyst
2014-06-24 09:55:02

Destination is obvious. Bay area is the weakest market in the US.

Comment by Jingle Male
2014-06-24 04:11:09

West…..300 miles to the west. D’oh!

Comment by Housing Analyst
2014-06-24 04:53:52

Its JingleFraud.

Comment by FavelaTouro
2014-06-24 06:28:49

How many parents failed their kids during the last run up? And worse than just keeping silent, how many actively encouraged it because it had always been the path to riches for them and their Boomer sensibilities?

Man if I had followed that advice I’d be screwed now. Stuck in a town that was no good and with a job I didnt like and massively underwater.

You echo bubble pimps are crackdealing hope murderers.

Comment by Jingle Male
2014-06-24 07:21:43

You are hilarious. Particularly for someone who knows nothing about the deal my son achieved. I suppose Ben should not buy any houses in Las Vegas too?

Comment by FavelaTouro
2014-06-24 07:32:03

Imagine I am placing a crab steaming pot on your head and then banging on it with a wooden crab mallet? That is what your posts are like to me.

Do you not get it, your son bought at the TOP. Whatever the sweetheart deal. Things are now starting to go back down. Ben is preparing for that. Take heed:

GATHER ye rosebuds while ye may,
Old Time is still a-flying:
And this same flower that smiles to-day
To-morrow will be dying.

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Comment by Jingle Male
2014-06-24 11:21:03

Wow Fav, if only I had a crystal ball like you do…..of course all the crystal balls have been saying not to buy since 2005.

If I listened to you, my net worth would be about $750k less (k=$1,000). The homes I purchased in ‘08-’10 are cash flowing very nicely and worth 35% more than I paid.

Pay your rent and I’ll bring you a sandwich and some Cheetos, because I like renters.

Comment by mathguy
2014-06-24 12:02:27

>worth 35% more than I paid.

me thinks you don’t understand the old adage about there is no profit until you sell.

Comment by Jingle Male
2014-06-24 12:26:07

Thank you Eleanor. I am a youthful 50 year old.

Comment by Jingle Male
2014-06-24 12:30:15

Mathguy….me thinks you don’t understand cash flow. Six months of cash flow just paidvfor my solar system. Now my electric bill will be $50…. Per year. So now there will be even more cash flow!

Comment by mikeinbend
2014-06-24 12:35:57

Its called “ringing the register”
Cramer taught me that one.
bought 150k, sold 287k cha-ching
Bought 200k, sold 350k cha-ching
Bought 270k, sold 860k cha-ching
I wont go into the losses, I’ll be the first to admit they approach the winnings. Minus all the money I spent for a decade.

At least the bubble allowed me staying home to raise my kids; who appreciate time invested and are paying me back with honor roll grades. I pay them back by offering them summer/ part time jobs at the store.

I feel fortunate got out of the game with enough to start a small business. Bought a property and building and run a farm store. I pay rent; but from the LLC to myself at the instruction of my accountant. I also pay my wife’s salary; she’s still a “lunch lady” but not at school anymore.

But its harder running a real biz than collecting a check for rent every month.
Gotta work every day at 5 or earlier if I am sub teaching that day. Gotta go pick up my son at the skatepark.

How hard does HA work at his job to be able to answer every post anyone makes? Must be nice

Comment by Housing Analyst
2014-06-24 14:38:06


It’s the internet.

Comment by mikeinbend
2014-06-24 15:34:11

your point?

Comment by Housing Analyst
2014-06-24 16:28:14

You’re a liar.

Comment by mikeinbend
2014-06-24 16:55:33

Prove it.
I am going to provide you a link to my businesses FB page.
On second thought……you scare me

Comment by Housing Analyst
2014-06-24 16:58:38

You provide the proof with every post.

Comment by mikeinbend
2014-06-24 18:49:43

yet you claim I’ve been removed as a teacher
So you bought the teacher bit
and yourself made up the “removed from” bit
and then call me a liar

Comment by Housing Analyst
2014-06-24 19:14:14

You got nothing. And that’s all you’ll ever have.

Comment by mikeinbend
2014-06-24 20:24:14

Tell that to the 1000s in my bank account.
What is it exactly you do?
Oh I know its not about you mister.

Comment by Housing Analyst
2014-06-29 05:29:38


Comment by 2banana
2014-06-24 04:21:41

How asians became white…


Blasio: Tests shouldn’t be only way kids get into NYC elite schools

Bill de Blasio vowed Wednesday to overhaul how children are chosen for New York City’s elite public high schools, saying the high-stakes admissions test should no longer be the only factor in the selection process. Tackling an emotional issue for parents and schoolchildren across the city, the Democratic mayoral nominee blamed the reliance on the test for creating schools that he said did not reflect the city’s diversity.

Although more than half of the city’s residents are black or Latino, just 12% of the students at the elite high schools — which include Stuyvesant High School, Bronx Science and Brooklyn Tech — were black or Latino last year.

De Blasio — whose 16-year-old son, Dante, attends Brooklyn Tech — said he would push for a change that would require a variety of factors to be used in the admissions process, including grades, portfolios and extracurricular activities.

He dismissed critics, including his Republican rival for mayor, Joe Lhota, who claim that allowing other factors into admissions decisions beyond one standardized test would reduce the quality of students in the schools.

Comment by Combotechie
2014-06-24 04:52:03

“De Blasio — whose 16-year-old son, Dante, attends Brooklyn Tech — said he would push for a change that would require a variety of factors to be used in the admissions process, including grades, portfolios and extracurricular activities.”

“… including grades, portfolios and extracurricular activities.”

Portfolios? What are portfolios?

I know what a portfolio means regarding such things as investments, but what does it mean in regards to education?

Comment by Combotechie
2014-06-24 04:59:55

Wikipedia has this to say about the category of “portfolios”:

“Career portfolio, an organized presentation of an individual’s education, work samples, and skills.”

If this is what De Blaso means by “portfolio” then this sounds a lot like what someone would associate with high achievement, and high achievement is something that should be reflected by grades (in theory, at least).

Comment by Combotechie
2014-06-24 05:05:06

“… the high-stakes admissions test should no longer be the only factor in the selection process.”

But if the term “portfolio” includes the term “individual’s education” then the only way to measure an individual’s education is by means of some sort of a test.

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Comment by Jingle Male
2014-06-24 07:33:01

A Portfolio may include examples of work accomplished outside of school. Athletic clubs, artwork, community activities, civic achievements, etc.

Comment by Jingle Male
2014-06-24 07:40:24

A portfolio can include examples outside of education: Athletic clubs, community activities, civic involvement, church groups, etc.

Comment by FavelaTouro
2014-06-24 06:33:21

Art portfolio? Snapshots of graffiti?

Comment by Albuquerquedan
2014-06-24 08:28:29

Pictures of gang tats?

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Comment by FavelaTouro
2014-06-24 06:35:59

Subjecting a kid to NYC and the NYC school system is child abuse.

Comment by 2banana
2014-06-24 07:08:20

Except for a few charter schools beyond the reach of the teacher’s union…

Comment by Albuquerquedan
2014-06-24 07:32:13

The mayor is working hard to shut those schools down.

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Comment by MightyMike
2014-06-24 07:59:53

a few charter schools beyond the reach of the teacher’s union…

The selective schools in question are not charter schools. Their teachers are unionized.

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Comment by iftheshoefits
2014-06-24 07:34:39

And people pay premium rents just for the privilege!

Comment by 2banana
2014-06-24 04:25:48

Ben - this is why ISIS is such a success with a few thousand troops in Northern Iraq.


Iraqi Shiites say insurgents and neighbors expel them from their homes in Sunni province
The Associated Press ^ | June 22, 2014 | Diaa Hadid

KIRKUK, Iraq – The insurgents came at midday, walking across a canal, advancing under cover of mortar fire toward the cluster of three Iraqi villages.

Within eight hours, Shiite residents who fled said the Sunni insurgents had expelled thousands of them from the majority-Sunni province, helped by local Sunnis in neighboring villages.

“You cannot imagine what happened, only if you saw it could you believe it,” said Hassan Ali, a 52-year-old farmer siting in the al-Zahra Shiite mosque, used to distribute aid in the northern Iraqi city of Kirkuk, where the displaced had fled, some 50 miles (80 kilometers) away.

“They hit us with mortars and mortars, and the families fled, and they kept hitting us. It was completely sectarian. The Shiites, out,” he said.

The expulsions appeared to be part of a plan to create a Sunni-dominated territory from the Syrian border to Baghdad’s edge.

The Islamic State fighters consider Shiites to be heretics, and proudly post images of them being killed — often for no reason other than their beliefs.

But even less-ideological Sunni groups that are fighting alongside the extremists have grievances against Shiites, and see them as an obstacle to having a more autonomous territory.

They deeply resent the Shiite-dominated government of Prime Minister Nouri al-Maliki. The litany is long: harassment by security forces; lacking political representation, disenfranchisement, and neglect of Sunni provinces.

Days after they were killed, after pleading interventions to Sunni tribal leaders, the insurgents agreed to dump the bodies on a roadside for collection. The displaced residents say between 15 and 25 people were killed.

“They called and said: send somebody to collect your dogs,”

Comment by Blackhawk
2014-06-24 07:19:48

Yeah. And Kerry’s plan calls for allowing everyone to live in harmony with everyone else. Like that has a chance of happening in Iraq.

Comment by Housing Analyst
2014-06-24 04:36:43

“Every indicator of housing market activity and prices we know is slowing or falling outright,” Shepherdson said.


Comment by FavelaTouro
2014-06-24 06:38:36


Seriously, prices are hitting new highs, just like the stock market. And the stock market is on a sugar high.

But go ahead tell your kids to buy now.

Comment by azdude
2014-06-24 06:55:06

prices have stabilized thanks to foreigners.

Comment by FavelaTouro
2014-06-24 07:33:45

Thanks Amy. Stabilize me two sandwiches.

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Comment by Albuquerquedan
2014-06-24 07:49:12

I want chips and salsa and you can make fresh guacamole.

Comment by Bill, just South of Irvine, CA
2014-06-24 20:18:25



Listen up HBB folks, those who laugh at FBs and those who are shills:

You HAVE TO time the housing market. Why? Because you CANNOT dollar cost average into a SFH.

So if you have a brain you check out the Case Shiller curve in your metro area. If it’s below the 2010/2011 bottom then maybe you should be watching. If it’s above that bottom then you better NOT buy.

Buy low and sell high.

Comment by Raymond K Hessel
2014-06-24 05:13:01

Housing and stock market bubbles in Dubai bursting as the margin calls go out…this is starting to look like 2008 all over again.


Comment by Raymond K Hessel
Comment by Raymond K Hessel
2014-06-24 06:21:06

Margin calls going out to bag-holders in Dubai…but I thought stocks and real estate only went up!


Comment by 2banana
2014-06-24 05:34:24

And Politico is a pretty left leaning magazine…

The Man Who Broke the Middle East
Politico Magazine | 06/22/14 | ELLIOTT ABRAMS

There’s always Tunisia. Amid the smoking ruins of the Middle East, there is that one encouraging success story. But unfortunately for the Obama narratives, the president had about as much as to do with Tunisia’s turn toward democracy as he did with the World Cup rankings. Where administration policy has had an impact, the story is one of failure and danger.

The Middle East that Obama inherited in 2009 was largely at peace, for the surge in Iraq had beaten down the al Qaeda-linked groups. U.S. relations with traditional allies in the Gulf, Jordan, Israel and Egypt were very good. Iran was contained, its Revolutionary Guard forces at home. Today, terrorism has metastasized in Syria and Iraq, Jordan is at risk, the humanitarian toll is staggering, terrorist groups are growing fast and relations with U.S. allies are strained.

How did it happen? Begin with hubris: The new president told the world, in his Cairo speech in June 2009, that he had special expertise in understanding the entire world of Islam—knowledge “rooted in my own experience” because “I have known Islam on three continents before coming to the region where it was first revealed.” But President Obama wasn’t speaking that day in an imaginary location called “the world of Islam;” he was in Cairo, in the Arab Middle East, in a place where nothing counted more than power. “As a boy,” Obama told his listeners, “I spent several years in Indonesia and heard the call of the azaan at the break of dawn and the fall of dusk.” Nice touch, but Arab rulers were more interested in knowing whether as a man he heard the approaching sound of gunfire, saw the growing threat of al Qaeda from the Maghreb to the Arabian Peninsula, and understood the ambitions of the ayatollahs as Iran moved closer and closer to a bomb.

The humanitarian result has been tragic: At least 160,000 killed in Syria, perhaps eight million displaced. More than a million Syrian refugees in Lebanon (a country of four million people, before Obama added those Syrians), about a million and a quarter Syrian refugees in Jordan (population six million before Obama). Poison gas back on the world scene as a tolerated weapon, with Assad using chlorine gas systematically in “barrel bombs” this year and paying no price whatsoever for this and for his repeated attacks on civilian targets. Both of the key officials handling Syria for Obama—State Department special envoy Fred Hof and Ambassador Robert Ford—resigned in disgust when they could no longer defend Obama’s hands-off policy.

The result in security terms is even worse: the largest gathering of jihadis we have ever seen, 12,000 now and expanding.They come from all over the world, a jihadi Arab League, a jihadi EU, a jihadi U.N. Two or three thousand are from Europe, and an estimated 70 from the United States. When they go home, some no doubt disillusioned but many committed, experienced and well trained, “home” will be Milwaukee and Manchester and Marseille—and, as we see now on the front pages, to Mosul.

Comment by Albuquerquedan
2014-06-24 06:14:07

Every president that has tried to bring democracy to the Middle East has failed, period. The worse failure was Carter since the creation of the Iranian religious state has tormented the U.S. since 1979, Bush II is right now the second worse failure due to the Iraq war, but Obama is moving up quickly on the rail and has the ability to win the race for the worse failure depending on how badly he messes up the present situation.

Comment by jose canusi
2014-06-24 06:37:08

Seems to me like Obama has pretty much checked out on foreign policy at this point. Valerie Jarrett runs the show. Woof.

Comment by goon squad
2014-06-24 06:43:10

Israel believes that their Sky Wizard is better than the muslims’ Sky Wizard, and the U.S. Congress, which is a wholly owned subsidiary of AIPAC, continues to send billions of American taxpayers dollars to Israel every year, not to mention the hundreds of billions for the military industrial complex, all because people disagree on whose Sky Wizard is better.

Time to pull the plug on Israel. Give it back to the Palestineans, let the Jewish Israelis immigrate to the U.S. Let the muslims keep killing each other, it’s not America’s problem.

Comment by 2banana
2014-06-24 07:11:54

Go research American’s first war.

Here a few hints;

We had ZERO troops or influence in the area
Israel did not exist
“To the shores of Tripoli…”

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Comment by goon squad
2014-06-24 07:37:06

The neocon/progressive war machine thanks you for your continued support.

Because we need to “shrink the government to the size you can drown it in the bathtub,” except of course when it comes to funding a foreign policy based on the delusions of Christian Zionists.

Comment by MightyMike
2014-06-24 07:58:04

Time to pull the plug on Israel. Give it back to the Palestineans, let the Jewish Israelis immigrate to the U.S. Let the muslims keep killing each other, it’s not America’s problem.

Most of the world has been saying for 40 years that the solution is to give the Palestinians their own state using the 1967 borders, perhaps with small mutually agreed alterations. It is only with American support that Israel has been able to prevent that solution.

Regarding AIPAC - they are well organized, well connected and well funded. But fundamentalist Christians, sometimes called Christian Zionists, are quite influential in one of the major American parties and play an important role in US support for the Israeli occupation. Big military contractors, like Boeing, General Dynamics, etc., are also quite happy with the military aid given to Israel because that money ends up in their pockets.

Then there is the majority of American voters, who don’t care much about foreign policy.

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Comment by Albuquerquedan
2014-06-24 08:22:59

ISIL wants the entire world to worship Allah or get their head cut-off. In fact, you must worship Allah is their exact way or get your head cut-off. Support or non-support for Israel is irrelevant.

Comment by cactus
2014-06-24 08:38:25

continues to send billions of American taxpayers dollars to Israel every year,”

They have to buy US made weapons with this money so it’s not what you think. More like sending billions to the military industrial complex to make obsolete airplanes like the F35

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Comment by Bill, just South of Irvine, CA
2014-06-24 20:14:13

Good point.

And from reading Greenwald’s book on Edward Snowden, it is more obvious to me that the NSA is biased toward helping big USA corporations with the secrets they steal from other countries.

Big defense corporations need war to keep producing.

Of course, I now am learning that “bet with the Fed” is also a “bet with NSA.” My big company stocks do well. So I should be happy?

But my personal self is upset that all my messages are read by the agency. At least there are tens of thousands of us angry hornets that the NSA knows about. Salute the flag, click your heels, and say “Strength to the Homeland!” - oops, was that said in Nazi Germany?

Comment by FavelaTouro
2014-06-24 06:43:58

The Soros shills will arrive today to excuse their guy, blame the other side, ask snarky questions, claim they are all the same, change the topic, divert threads, bring up Romney, misdirect, misinform, etc.

It is a tricky situation to be in to convince people to give you four more years when the last 8 were a disaster.

Hence all the Reagan bashing and claiming it goes back 30 years.

Comment by Albuquerquedan
2014-06-24 09:48:14

They claim it is for the illegals but I think it is for the entire MSNBC audience after they saw the polls for the Fall elections:


Comment by azdude
2014-06-24 05:54:26

u are powerless over a printing press.

Comment by phony scandals
2014-06-24 07:01:33

Alan Greenspan The Federal Reserve Is Above The Law - YouTube
http://www.youtube.com/watch?v=GImhofiRZLw - 143k -

Rothschild Brothers of London, 1863.

“Give me control of a nation’s money and I care not who makes it’s laws”

Mayer Amschel Bauer Rothschild

Comment by FavelaTouro
2014-06-24 07:36:55


‘My name is Ozymandias, king of kings:
Look on my works, ye Mighty, and despair!’
Nothing beside remains. Round the decay
Of that colossal wreck, boundless and bare
The lone and level sands stretch far away.

Ben will see much despair in the land of the new Ramses.

Comment by Albuquerquedan
2014-06-24 06:17:42

By Ruth Mantell

WASHINGTON (MarketWatch) — U.S. home prices rose 1.1% in April, a second monthly gain as the spring selling season got underway, according to S&P/Case-Shiller’s 20-city composite index released Tuesday. Among 20 tracked cities, all saw higher home prices in April. After seasonal adjustments, home prices among the 20 cities rose 0.2% in April, compared with growth of 1.2% in March. Meanwhile, annual growth posted a sharp slowdown, with year-over-year home prices rising 10.8% in April - the slowest pace since March 2013 - compared with annual growth of 12.4% in March 2014. Among the 20 cities, 19 saw annual growth taper in April, including hot California markets. Including April’s monthly gain, prices were about 18% below a 2006 peak

Comment by FavelaTouro
2014-06-24 06:50:26

Here’s how it works, slower and slower gains, then i stead of going negative a couple of months of juked stats showing things flat (to allow the insiders to get out) then a claim that no one could have seen it coming.

Then more bailouts and printing?

Comment by Albuquerquedan
2014-06-24 07:51:34

I agree notice I posted it without comment. I knew this board was intelligent enough to see the change.

Comment by mikeinbend
2014-06-24 12:48:22

When I was trying to get out in 2006; sales were slowing down, but prices were still rising. In the realtor’s office the saying went, if it doesn’t move, just raise the price!
Got out of that one just in time; two actually, at over 200k in gains.
Also got caught buying at the top in 2007 so I do think a crash of epic proportions is coming.

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Comment by Raymond K Hessel
Comment by rms
2014-06-24 23:55:28

At the end of the day home prices are still related to household income.

Comment by Brett
2014-06-24 06:23:59

I wanna slap whoever wrote this for comparing Austin, TX to these cities


Think Austin homes are expensive? Here’s what pricey really looks like

Conversation around Austin’s housing affordability has been gaining traction as home values have appreciated significantly and lease rates have soared.

But this week I came across some data that puts things in a little different perspective.

The Freddie Mac Blog posted the costs per square-foot of housing in a few U.S. markets compared to international destinations based on information collected by website Credit Sesame.

The average cost per square foot of a home in Paris is a whopping $3,287, far outpacing the next most expensive city — London at $1,590 per square foot. The other global locations are Singapore at $1,561 per square foot, Madrid at $1,395 per square foot, Hong Kong at $1,118 per square foot and Cairo, which is fairly affordable at $574 per square foot.

New York City checks in at an average price of $1,068 per square foot — which compared to those other locations is a steal.

Yes, housing is more expensive in Austin than ever before, but it’s barely registering on the Richter Scale of housing prices from a worldwide perspective.

Comment by Housing Analyst
2014-06-24 06:40:39

Prices already began falling in Austin neighborhoods when housing demand collapsed late last fall.

Comment by azdude
2014-06-24 07:44:28

austin is the beverly hills of TX.

Comment by Housing Analyst
2014-06-24 08:02:54

Housing demand collapsed in Beverly Hills too.

Fetch my Cheetos. Move!

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Comment by Albuquerquedan
2014-06-24 08:16:15

Do they have the Austin hillbillies?

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Comment by rms
2014-06-24 23:58:48


Comment by mikeinbend
2014-06-24 14:49:52

Ochoco Heights is the Beverly Hills of Prineville
That’s why prices are 150/sq ft there; compared to 90 in the lowlier, cars up on blocks, Prinetucky nabes.

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Comment by Salinasron
2014-06-24 15:15:36

Maybe Ben is heading back home to Austin.

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Comment by mikeinbend
2014-06-24 14:48:12

weren’t you posting 17 year low drivel BEFORE this collapse last fall you mentioned??
You no makee sense-a-milla

Comment by Housing Analyst
2014-06-24 16:06:22

I know it’s complicated for a public school teacher. Good thing they rid the system of you.

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Comment by mikeinbend
2014-06-24 17:01:40

Not according to my job subbing for High Desert ESD.
You are a #1 scumbag. Need to use those listening ears.
Youre a deaf dumb and blind kid playing with a keyboard.
And you know not of what you speak. I was in my own son’s classroom the last day of 2014 so if they purged me its news to me

Comment by mikeinbend
2014-06-24 17:03:36

I lied I never was a teacher
I am a troll living under a bridge
In middle school myself
Getting your braces off soon?

Comment by Housing Analyst
2014-06-24 18:30:51


Comment by mikeinbend
2014-06-24 18:53:27

oh yeah you been schooled
My father told me that a masters of Ed is the equivalent of an eighth grade education
Sadly, he was correct
Not that teaching is easy; teacher training schools suck

Comment by Housing Analyst
2014-06-24 19:51:31

Helpless fruit stand operator.

Comment by mikeinbend
2014-06-24 20:27:52

I did lie when I said I am not a teacher
You caught me in a whopper.
Kinda like the only time you thought you were wrong….
you know it was a mistake and you were right all along!
Here’s an acronym for you to figgur rocket scientist FOAD

Comment by mikeinbend
2014-06-24 21:23:15

That I own, not owe, on
No debt donkey
You are hard on them too.
See ya chump!

Comment by mikeinbend
2014-06-24 21:41:42

answer me this,
is a fruit stand (Actually a building but whatever; you may be somewhat sheltered) something?
Well you said I have nothing so you are wrong right there, and with that I bid you adieu.

Comment by Housing Analyst
2014-06-29 05:28:00

You got nothing.

Comment by FavelaTouro
2014-06-24 06:52:08

What are the trendy little artsy places gonna look like once Tech crashes and burns and all those bubble companies take their big art budgets with them?

Comment by Raymond K Hessel
2014-06-24 06:24:37

After sleazeball bankster-owned RINO Eric Cantor got the heave-ho in his primary elections, it looks like the GOP leadership got the memo that the rank-and-file aren’t as enamored of crony capitalism as the beltway insiders are.


Comment by 2banana
2014-06-24 06:52:18

Get we get the democrats to so the same…?

Comment by In Colorado
2014-06-24 08:17:29

I thought they were all commies. Wouldn’t that by definition not make them crony capitalists?

Comment by Raymond K Hessel
2014-06-24 06:30:23

Dubai stocks (especially builders) are cratering. Coming soon to a bubble market near you….


Comment by jose canusi
2014-06-24 06:49:24

First domino to fall, maybe? Canary in the coal mine?

Comment by azdude
2014-06-24 06:52:29


Comment by Raymond K Hessel
2014-06-24 06:37:41

The Fed’s debasement of the currency through its creation of trillions out of thin air is finally starting to show up as inflation - which Old Yellen blithely ignores in her “No Banker Left Behind” provision of Wall Street’s limitless gambling money, backstopped by taxpayers.


Comment by Raymond K Hessel
2014-06-24 06:42:15

The usual economists are “surprised” and “disappointed” by Case-Shiller data that shows - inconceivable! - a slowdown in home price increases.


Comment by Arizona Slim
2014-06-24 08:06:13

Second derivative going negative!

Comment by goon squad
Comment by phony scandals
2014-06-24 06:46:25

Rep. Cummings Goes Off, Apologizes to IRS Head for Putting Him Through ‘Hell’

by Josh Feldman | 11:04 pm, June 23rd, 2014

Democratic Congressman Elijah Cummings took a few minutes during Monday night’s IRS hearing to apologize to IRS Commissioner John Koskinen for putting him through “hell” by subjecting him to a politically-motivated hearing instead of one concerned with the facts. He opened by saying, “I thank you from the depths of my heart.”

Cummings got emotional as he thanked Koskinen and went off on the GOP, saying, “Some of the statements that have been made here today make it look like, you know, you’re just coming up here, trying to fool people, when under Republican and Democratic administrations, you have been highly regarded.”

Cummings scolded his fellow committee members and got angrier as he continued.

“I appreciate you coming into this institution, giving it the best you’ve got, and then having to come in here and go through this hell!”

Watch the video below, via C-SPAN 2:

http://www.mediaite.com/…/ - 47k -
New questions over Rep. Cummings’ connection to IRS probe

Published April 14, 2014 | The Kelly File | Megyn Kelly

With: Cleta Mitchell

MITCHELL: That’s right. And so, then — beginning in the fall of 2012, about six months later, Elijah Cummings announced that he had undertaken an investigation of True the Vote. Now mind you, he has no authority to do that. That is beyond the jurisdiction of that committee.

KELLY: Right.

MITCHELL: To start investigating a private citizen’s group in Houston, Texas. And he announces on national television and submitted three different — three or four different letters to True the Vote demanding all kinds of information.

KELLY: Right, right, right.

MITCHELL: But curiously, almost the same information the IRS had demanded about six months earlier.

KELLY: OK. So, just to advance the story, so you smell a rat. You say something is weird, that it seems like they are coordinating, which they should not be doing, right? That’s your allegation.

MITCHELL: That’s right.

KELLY: You’re not supposed to be having, you know, a partisan person, whether it’s Elijah Cummings or a Republican on the other side coordinating with a mostly independent agency — the tax agency about people’s tax returns and other information, even if they are publicly available. Am I correct? That is not supposed to be happening.

MITCHELL: That’s absolutely –Megyn, you have really put your finger on what is the underlying problem of this entire scandal, which is that the Lois Lerner and the top brass at the IRS came to see its role as somehow the enforcement arm of the Democratic Party and Democratic members of Congress and the White House and they began to carry out these activities to pursue conservative groups because these politicians were demanding it.

And yet, all of these people, Lois Lerner, all of them, they have civil service protection and the only difference between what happened in Watergate when Richard Nixon asked the IRS to go after his political enemies was when Richard Nixon asked, they refused. When these Democratic politicians said go do something about these conservative groups because they are challenging us, and we don’t want what they are saying about us, the IRS took it upon themselves to do their bidding, and to try to silence these groups. And in this case, Elijah Cummings said to the IRS that he was undertaking an investigation of True the Vote. Now there is nothing proper about that.

http://www.foxnews.com/…/2014/04/15/new-questions-over-rep-cummings-connection-irs-probe - 39k -

Comment by Combotechie
Comment by azdude
2014-06-24 07:02:57

20 / gallon gasoline at that point?

Comment by Bill, just South of Irvine, CA
2014-06-24 20:07:46

Along with $10,000 per ounce gold.

Bring it on!

Comment by goon squad
Comment by Albuquerquedan
2014-06-24 07:35:30

If you massage the data enough you can get any number you want. Show me the satellite data which shows cooling not record warm temperatures.

Comment by goon squad
2014-06-24 07:43:27

Warmists gonna warm, Dannyboy.

All the Drudge link clickbait in the world won’t stop the warmists from warming. You and Rio can go have a 100 post thread arguing about it and accomplish nothing, because the warmists are gonna wake up tomorrow and warm another day.

Comment by FavelaTouro
2014-06-24 07:56:33

The movie The Matrix should have ended with him thinking he defeated the machines, then a pull back to another computer screen showing that scene, indicating that the “victory” was just in a matrix within a matrix.

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Comment by MightyMike
2014-06-24 08:03:27

I never saw that movie. Was it any good?

Comment by Albuquerquedan
Comment by Albuquerquedan
2014-06-24 07:55:52

Moore goes on to list some key facts about “climate change” which are ignored by true believers.

1. The concentration of CO2 in the global atmosphere is lower today, even including human emissions, than it has been during most of the existence of life on Earth.

2. The global climate has been much warmer than it is today during most of the existence of life on Earth. Today we are in an interglacial period of the Pleistocene Ice Age that began 2.5 million years ago and has not ended.

3. There was an Ice Age 450 million years ago when CO2 was about 10 times higher than it is today.

4. Humans evolved in the tropics near the equator. We are a tropical species and can only survive in colder climates due to fire, clothing and shelter.

5. CO2 is the most important food for all life on earth. All green plants use CO2 to produce the sugars that provide energy for their growth and our growth. Without CO2 in the atmosphere carbon-based life could never have evolved.

6. The optimum CO2 level for most plants is about 1600 parts per million, four times higher than the level today. This is why greenhouse growers purposely inject the CO2-rich exhaust from their gas and wood-fired heaters into the greenhouse, resulting in a 40-80 per cent increase in growth.

7. If human emissions of CO2 do end up causing significant warming (which is not certain) it may be possible to grow food crops in northern Canada and Russia, vast areas that are now too cold for agriculture.

8. Whether increased CO2 levels cause significant warming or not, the increased CO2 levels themselves will result in considerable increases in the growth rate of plants, including our food crops and forests.

9. There has been no further global warming for nearly 18 years during which time about 25 per cent of all the CO2 ever emitted by humans has been added to the atmosphere. How long will it remain flat and will it next go up or back down? Now we are out of the realm of facts and back into the game of predictions.

Moore makes his remarks in the foreword to a new book by bestselling Australian geologist Dr Ian Plimer called Not For Greens.

Comment by FavelaTouro
2014-06-24 07:58:44

“Nature” is pretty harsh. Are they sure they want to worship at that altar?

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Comment by Albuquerquedan
2014-06-24 08:12:46

Very true the last person that tried to bring the world back to pagan (nature centered) religions was Adolph Hitler. Christianity is actually a merging of Jewish mysticism and Greek philosophy. Socrates has been called the first Christian by many despite living before Christ. The problem is not God but present day religion. I think that God tries to teach through the Socratic method and teach us to ask the right questions. However, most religions try to teach through the lecture method, they know the black letter law and you just need to learn it.

Comment by goon squad
2014-06-24 08:27:49

Warmists don’t care about which hometown Sky Wizard people root for, Dannyboy.

Warmism supersedes all religion and philosophy.

Warmists don’t recognize borders, language, race, ethnicity.

Temperature is the only thing that matters, Dannyboy.

Comment by cactus
2014-06-24 08:49:08

My wife’s meteorology teacher didn’t believe in global warming, he liked this theory

Milankovitch theory describes the collective effects of changes in the Earth’s movements upon its climate, named after Serbian geophysicist and astronomer Milutin Milanković, who worked on it during his internment as a First World War prisoner of war (POW). Milanković mathematically theorized that variations in eccentricity, axial tilt, and precession of the Earth’s orbit determined climatic patterns on Earth through orbital forcing.

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Comment by Albuquerquedan
2014-06-24 10:06:27

I believe that does cause the Ice ages with the mini-ice ages being caused by changes in solar activity.

Comment by Michael Viking
2014-06-24 10:08:35

Milanković mathematically theorized that variations in eccentricity, axial tilt, and precession of the Earth’s orbit determined climatic patterns on Earth through orbital forcing.

I swear there’s a display like this at the Museum of National History with gears you can turn. Each cog represents one of these three variables. As you turn them, the display tells you the Earth’s climate. Wish I had a picture of this.

There wasn’t a gear for CO2.

Comment by aNYCdj
2014-06-24 08:54:14

So people will move from a hot unbearable climate to a warmer climate …..and so will the jobs

Sorry the occasion below zero temp is just about all i want to handle…..unless a six figure job is offered!

7. If human emissions of CO2 do end up causing significant warming (which is not certain) it may be possible to grow food crops in northern Canada and Russia, vast areas that are now too cold for agriculture.

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Comment by goon squad
2014-06-24 08:02:29

“the warmists are gonna wake up tomorrow and warm another day”

And the day after that, Dannyboy.

All the Drudge link clickbait articles about unseasonable cold weather won’t stop the warmist warming. Your arguments are as effective as tossing an ice cube into a volcano, as far as these warmists are concerned.

Comment by Albuquerquedan
2014-06-24 08:05:06

Here goon here is the true answer for real pollution problems:


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Comment by goon squad
2014-06-24 08:13:27

Are you even paying attention, Dannyboy?

Warmists are gonna warm every day of the week that ends in the letters d-a-y.

The first thing a warmist does when they wake up is to ask themselves “how can I make today a little warmer?”

Comment by Albuquerquedan
2014-06-24 08:18:27

“how can I make today a little warmer?”

On a personal level, I think beans and beer works the best. Methane is a far more effective warming agent than co2.

Comment by Blue Skye
2014-06-24 11:45:07

Ironically, there is no such thing as a “warming agent” gas. It’s simply unpossible.

Comment by Albuquerquedan
2014-06-24 11:59:49

would you rather I saw it has greater global warming potential? From the DuPont website:

To better understand our efforts in environmental stewardship, it is important to take a closer look at exactly what global warming potential means.

Global warming potential (GWP) is a measure of how much a given mass of gas is estimated to contribute to global warming. It is a relative scale that compares the gas in question to that of the same mass of carbon dioxide (which, as a reference, has been assigned a GWP of 1). A GWP is calculated over a specific time interval, which must be stated to provide context and value for the GWP.

Comment by Albuquerquedan
2014-06-24 12:06:08

But I will leave it to Liberace and Lola to discuss the blowing agent story:

August 14, 2012

Honeywell’s New Low-Global-Warming-Potential Liquid Blowing Agent Approved By U.S. Environmental Protection Agency For Foam Insulation Application

Home / News / Honeywell’s New Low-Global-Warming-Potential Liquid Blowing Agent Approved By U.S. Environmental Protection Agency For Foam Insulation Application

Solstice™ Liquid Blowing Agent Provides Energy Efficient Solution

MORRIS TOWNSHIP, N.J., Aug. 14, 2012 — Honeywell (NYSE: HON) announced today that its new low-global-warming-potential (LGWP) blowing agent for foam insulation has received final approval from the U.S. Environmental Protection Agency.

Comment by Albuquerquedan
2014-06-24 12:13:55

BTW, I understand your technical definition of agent but chlorine gas is often referred to as a chemical warfare agent. The word agent does have a definition that would preclude a single element from being used as an agent but that is not how a meant the term. I meant it in the non-technical sense of facilitating global warming.

Comment by Blue Skye
2014-06-24 12:31:10

I wasn’t nit picking your use of the word “agent”. I was simply pointing at the impossibility of a gas warming the earth. The whole spiel about the greenhouse effect rests on this one bad assumption (according to me). If you think you have a simple explanation of how it would, please do offer.

Clouds are a different story, but they are not made up of gas.

Comment by Albuquerquedan
2014-06-24 12:39:40

I have read arguments such as you are making that co2 gas cannot trap heat and you may be right. Most scientists seem to believe it can but argue about the extent, including in which parts of the atmosphere it is even possible. But you are correct that the entire global warming theory depends upon the ability of co2 to trap heat and as you are asserting that assumption is not certain.

Comment by Albuquerquedan
2014-06-24 12:53:27

I think you would fall in the denier camp which is respectable and I do respect your contrarian opinion. I fall in the lukewarmist camp which is some warming caused by co2 but far less than claimed. If you are correct the negative impact on the environmental movement when the truth gets out will even be worse than I fear. We will have wasted hundreds of billions on pure quack science. BTW, do you agree with this article:


Comment by Blue Skye
2014-06-24 14:01:36

I do only want the truth.

Comment by Prime_Is_Contained
2014-06-24 14:34:57

If you think you have a simple explanation of how it would, please do offer.

So, Blue, to clarify your point: your argument is that the solar input to the planet is constant? In other words, the solar output across the surface area of absorption (size of the planet plus atmosphere) is the heat input to the system and the heat that leaks around the entire 3D perimeter is the heat output?

I could see making that argument. But clearly water vapor affects how much surface heat radiates away from the surface, or is reflected back; you can easily verify this with how much the surface temperature drops on a clear night vs a cloudy night. Given that, why should we assume that water vapor is the only substance with this type of effect? Why couldn’t the gas composition have similar effects in terms of trapping or radiating heat?

Comment by Blue Skye
2014-06-24 20:58:32

No, not at all. Clouds are not “water vapor”. If they were you would not be able to see them, because vapors do not reflect much light. Clouds are droplets of liquid, huge difference in refractive index and they reflect light. CO2, methane, and Ozone do not form liquid droplets in the atmosphere. They are transparent.

The guy who came up with the greenhouse theory used a pane of glass on a box to demonstrate. See, the glass isn’t a gas, it reflects light and is an insulator. Besides that, the effect is reversed in the dark, which for this planet is about half the time. Centuries ago the Arabs were making ice in the desert at night with a pane of glass over a box with a tray of water inside.

Comment by In Colorado
2014-06-24 15:13:38

Article for Dannyboy, because warmists gonna warm:

Given that this is perhaps the most discussed topic on this blog, perhaps a name change is in order.

Comment by Albuquerquedan
2014-06-24 15:19:34

Obama keeps making it relevant since in many ways he has made it the focus of his presidency along with gay rights.

Comment by Albuquerquedan
2014-06-24 15:26:51

Raising electricity prices and natural gas prices certainly impacts the economy and thus housing and Obama’s AGW policies are certainly causing that. Many topics we discuss are much more collateral to housing then AGW:


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Comment by Albuquerquedan
2014-06-24 15:41:34

than AGW

Comment by goon squad
2014-06-24 07:19:40

Hope and Change linked from Drudge:


And every single one of them will vote Democrat for life


Comment by phony scandals
2014-06-24 07:30:14

White House Attorney to Testify About IRS Targeting Scandal

Katie Pavlich | Jun 24, 2014

White House Attorney Jennifer O’Connor will testify on Capitol Hill Tuesday morning after being subpoenaed by the House Oversight Committee yesterday.

townhall.com/…white-house-attorney-to-testify-about-irs-targeting-scandal-n1855099 - 64k -

This O’Connor lady is shaking her head no and shrugging a shoulder everytime she says something like… the IRS never had something in place to deal with this kind of situation. She’s gonna need a massage when her testimony is over.

Do You Know When Someone Is Lying to You?

•Opposite Nodding: Often when people lie their body gives them away. This happens with nodding. For example, someone will lie and say “yes” but without realizing it, shake their head no.

•One Sided Shoulder Shrug: Dr. Paul Ekman discovered that people have the tendency to slightly lift their shoulder when they lie. It is almost as if they are shrugging because they don’t believe what they are saying.

http://www.scienceofpeople.com/do-you-know-when-someone-is-lying-to-you-new/ - 42k -

Comment by FavelaTouro
2014-06-24 07:40:44

Dr. Paul Ekman would have a field day with the Lie To Me cast of shills here.

Comment by azdude
2014-06-24 07:57:01

I think ben is moving to stockton ca.

Comment by Albuquerquedan
2014-06-24 08:19:28

Maybe he wants to be “stuck in Lodi again”.

Comment by Albuquerquedan
2014-06-24 08:33:07

But I doubt it. Las Vegas does seem like the epicenter of the housing crash and has made the least progress to rebound.

Comment by goon squad
2014-06-24 08:49:25

John Fogerty played that song at Telluride Blues & Brews in 2012, Dannyboy.

Comment by FavelaTouro
2014-06-24 19:54:06

Lodi? Lodi? Dang it, I’m on a 2 week self imposed ban.

Comment by Bill, just South of Irvine, CA
2014-06-24 20:05:54

I grew up in the farm belt of California. Betcha never heard of Turlock, Pixley, Hanford, Reedley, Dos Palos, Corning, Madera, Firebaugh, Sanger, Kingsburg.

But most boomers heard of Lodi.

Comment by cactus
2014-06-24 08:54:57

Money managers don’t like copper these days.

The latest data from the Commodities Futures Trading Commission show “managed money”—hedge funds and the like—are net short 401 contracts of copper, worth roughly $31.6 million. This is the first time shorts outweighed long positions by managed money accounts since April.

Copper is down 7.4 percent this year, while gold, silver, aluminum and platinum are all positive.

Some of the increased copper shorting can likely be pegged on investigations by the Chinese government into loans that use copper as collateral. However, Gina Sanchez, founder of Chantico Global, thinks there are other macro reasons for the increase in bets that copper will fall.

“This short move in terms of hedge funds is consistent with recent downward revision of expected growth,” said Sanchez, a CNBC contributor. “The World Bank has recently downgraded their expectations for 2014 growth, and that was primarily centered in the emerging markets; the BRICs were at the top of those downgrades.”

Comment by Bill, just South of Irvine, CA
2014-06-24 20:03:20

All my commodities outside of precious metals are in the form of percentages of my mutual funds. Oil for example: XOM and CVX place in the top 15 or top 20 of my large cap domestics. As for copper? IDK.

Comment by cactus
2014-06-24 21:19:37

Copper is said to have a PHD in economics because it’s used in so many industrial applications.

slow down ahead ?

Comment by Housing Analyst
2014-06-24 09:07:50

Serial Groper On The Loose In NYC


Liberace? Lola?

Comment by Albuquerquedan
2014-06-24 09:53:46

No, they are groping women and girls.

Comment by Housing Analyst
2014-06-24 09:59:35

Oops. My mistake.

Comment by Albuquerquedan
2014-06-24 11:02:03

I met to say “he” so nobody is perfect. Now, if there is groping at a Boy Scout camp, I would say round of the usual suspects and that would include the dynamic duo.

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Comment by Albuquerquedan
2014-06-24 11:33:57

Lola and Liberace are fictional characters any resemblance to anyone living or brain dead is purely coincidental.

Disclaimer if the politically correct crowd objects.

Comment by Albuquerquedan
2014-06-24 10:59:54

From Chinaeconomicrewview, China gains from Obama’s Iran policy:

Tuesday, June 24, 2014

China’s crude oil imports from Iran in May jumped 36% year-on-year to 3.22 million tones, the second-highest level on record, Reuters reported, citing customs data. The increases were both a result of state refiner Sinopec’s (SNP.NYSE, 0386.HKG, 600028.SHA) new push to cut crude procurement costs and the easing of Western sanctions imposed on Iran to curb its nuclear program. Also contributing to strong import figures were imports started around last August by an independently-run petrochemicals company in southeast China of condensate, a very light crude oil from Iran’s South Pars gas project. China counts condensate as crude oil.

Comment by goon squad
2014-06-24 14:24:34

FEMA Region VIII checking in.

Comment by Albuquerquedan
2014-06-24 14:41:28

Speaking of China, I find this very interesting there are places in China now such as Beijing where the minimum wage is $2.70 an hour, I am not talking about what the average person is receiving working in manufacturing but the minimum wage. It is quite a difference from when we were talking about Chinese making ten cents and hour and unable to afford even the sneakers they were producing. More and more the Chinese can afford to buy their own goods and the companies now are not so dependent on the the U.S. market:


Comment by Albuquerquedan
Comment by Albuquerquedan
Comment by goon squad
2014-06-24 15:49:07

What the hell kind of checkin is that, Dannyboy?

Comment by phony scandals
2014-06-24 19:18:36

IV check

Comment by Housing Analyst
2014-06-24 14:40:23
Comment by goon squad
2014-06-24 15:47:43

Worthless, worthless housing. Worth less and less every day, especially in CRATERfornia.

Comment by Housing Analyst
2014-06-24 14:56:33
Comment by mikeinbend
2014-06-24 19:13:54

Hey my old stomping grounds
My buddy was saying he got a screaming deal on a house there a couple years ago.
30 yr fixed at 4% was putting his payment less than rent.
I couldn’t argue.
I owned on Tuolumne Dr in Goleta 1995-2004
Check it with your fact finder and get back to me.
Maybe just call me a liar
go ahead, no one else here believes you
you suck mofo

Comment by Housing Analyst
2014-06-24 19:57:09

C’mon… post another one of your tales of woe you’re famous for. Get it all out debt junkie.

Comment by mikeinbend
2014-06-24 21:45:46

I’m famous? blushing now
you’re just notorious for being an a-hole

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Comment by Housing Analyst
2014-06-24 20:07:02

You’re a lying junkie.

Comment by Prime_Is_Contained
2014-06-24 15:05:17

Comment by FavelaTouro
2014-06-22 12:18:59

My calling Prime a shill was a mistake and I apologize.

Thanks, Favela; accepted, with no hard feelings.

Some days I have trouble keeping all the names straight myself, particularly when they change frequently—though to avoid such confusion, I have been using this handle exclusively since that day back in 2007, when the Bernank uttered my favorite foolish quote. :-)

Comment by Albuquerquedan
2014-06-24 15:09:22

So why isn’t your name sub-prime is contained?

Comment by Prime_Is_Contained
2014-06-25 09:58:58

So why isn’t your name sub-prime is contained?

I was trying to make the point that it would NOT be contained to sub-prime lending, but would instead of contained to Prime.

Comment by Albuquerquedan
2014-06-24 15:17:42

Hearing about more and more stories like this, I have been driving automatics lately but like driving standard more:


Comment by Albuquerquedan
2014-06-24 15:31:09

Chula Vista is the worse and Buffalo is the best, when the expand the list to 100?

Comment by goon squad
2014-06-24 16:19:31

Dropped off my Republican Party primary ballot today, voted for Tom Tancredo for Governor (as I also did in 2010), he may not be the best hope to defeat Governor John Lickenpooper this fall but I vote on principle, not because the “establishment” party tells me I need to vote for some chickenshit Wonder Bread candidate.

Comment by Raymond K Hessel
2014-06-24 17:58:37

Tancredo voted for TARP. I wouldn’t vote for that Wall Street whore if he was running for dogcatcher.

Comment by FavelaTouro
2014-06-24 19:56:33

Yep, let in those illegals.

Comment by Bill, just South of Irvine, CA
2014-06-24 20:01:10

The number one thing that voting does: It sanctions the very broken system of one party progressive / neoconservativism.

Comment by phony scandals
2014-06-24 16:23:21

Feds Posted Bid Request To Handle Child Immigrant Surge Back In JANUARY

11:54 AM 06/24/2014

Chuck Ross

A bid request posted to a website for federal contractors in January indicates that the federal government was aware of a heavy influx of children coming to the U.S. illegally.

But the Department of Homeland Security, through its immigration and border protection agencies, has only recently began publicly addressing the surge of Unaccompanied Children, or UACs, that have traveled to the U.S., many of whom have been apprehended at the U.S. border.

Immigration and Customs Enforcement, a branch of the Department of Homeland Security, posted a bid request for “Escort Services for Unaccompanied Alien Children” on Jan. 29 at the site, FedBizOpps.gov, looking for contractors to help transport and care for the UACs.

“The Contractor shall provide unarmed escort staff, including management, supervision, manpower, training, certifications, licenses, drug testing, equipment, and supplies necessary to provide on-demand escort services for non-criminal/non-delinquent unaccompanied alien children ages infant to 17 years of age, seven [7] days a week, 365 days a year,” reads the bid request.

A majority of the UACs are between 12 and 17 years old. Most of them hail from Honduras, El Salvador, and Guatemala.

“Transport will be required for either category of UAC or individual juveniles, to include both male and female juveniles,” reads the bid request. “There will be approximately 65,000 UAC in total: 25% local ground transport, 25% via ICE charter and 50% via commercial air.”

The Department of Homeland Security has put the Federal Management Emergency Agency in charge of managing the surge. The Department of Health and Human Services helps place the UACs at temporary facilities while they await deportation proceedings.

UACs have been sent to military bases in California, Texas, and Oklahoma. HHS has also explored sending the children to other facilities throughout the U.S.

At a hearing of the House Committee on Homeland Security held Tuesday, Georgia U.S. Rep. Paul Broun quizzed DHS Sec. Jeh Johnson about the bid request.

“I don’t know where this estimate comes from or what it’s based on, so I can’t comment,” said Johnson.

dailycaller.com/…/ - 95k -

Comment by Housing Analyst
2014-06-24 16:36:52

Oxnard, CA Housing Prices Plummet 18% YoY As Housing Demand Collapses


Comment by mikeinbend
2014-06-24 19:15:12

I was borned in Oxnard

Comment by Housing Analyst
2014-06-24 16:38:51

Moorpark, CA Housing Prices Collapse 30% YoY


Comment by mikeinbend
2014-06-24 19:16:45

I grew up near Kraproom

Comment by Housing Analyst
2014-06-24 16:40:09

La Mesa, CA Housing Prices Sink 5% YoY As Sellers Slash Prices


Comment by azdude
2014-06-24 18:04:49

u know its not true. Janet yellen will make u look like a fool again.

Comment by Housing Analyst
2014-06-24 18:09:33

Stick with the data Amy?$hithousePoet.

Comment by FavelaTouro
2014-06-24 19:57:52

She’s never even bothered to deny i like Hoaxide. Totally busted.

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Comment by phony scandals
2014-06-24 16:51:29

Woman Says DHS Forced Her to Strip Naked at Gunpoint During Terrifying Dawn Raid

“Two hours of pure hell” as SWAT team trashes home by Paul

Joseph Watson | June 24, 2014

Kari Edwards said she and her boyfriend were forced to strip naked at gunpoint during a terrifying Department of Homeland Security dawn raid on their Florida home which lasted for two hours.

The incident began on June 10 at 6:16am when numerous armed SWAT team members, accompanied by a helicopter overhead, arrived in an armored vehicle at the couple’s address before smashing in the door and deafening their pet cat with flash bang smoke grenades.

“They busted in like I was a terrorist or something,” Edwards told the Tea Party News Network, adding, “[An officer] demanded that I drop the towel I was covering my naked body with before snatching it off me physically and throwing me to the ground.”

Having been previously employed by the federal agency herself, Edwards noted that some of the men were DHS agents, although when quizzed as to who they were and why they were conducting the raid, the men only responded by saying that they were “police,” while calling Edwards “stupid” and “retarded” for asking the question.

“While I lay naked, I was cuffed so tightly I could not feel my hands. For no reason, at gunpoint,” Edwards said. “[Agents] refused to cover me, no matter how many times I asked.”

According to Edwards’ boyfriend, one of the agents then proceeded to ogle his naked girlfriend up and down like a piece of candy.

“They spent about 2 hours trashing my house, even smashing clear glass shower doors and a vintage statue,” writes Edwards on her YouTube channel. “My boyfriend, who is asthmatic, started having trouble breathing due to the lingering smoke created by the flash bang grenade.”

After trashing her home for two hours, Edwards said the SWAT team eventually handed her a warrant signed by Jonathan Goodman, a federal magistrate judge for the U.S. District Court for the Southern District of Florida, which authorized the agents to search for computers and electronics, although Edwards claims police seemed uninterested in the couple’s electronics and did not seize any items despite raising the suspicion of child pornography.

Surveillance camera footage of the incident shows armed agents surrounding the property. Edwards says the clip is brief because the agents ripped out her surveillance DVR while claiming that they couldn’t be recorded.

Edwards summed up her experience by describing the incident as “two hours of pure hell.” The couple have filed a complaint with the ACLU.

While the details of the incident remain unconfirmed, the story will heighten concerns that the DHS is turning into a “standing army” emblematic of a militarized police state.

John W. Whitehead of the Rutherford Institute recently cited numerous examples of out of control DHS activity to make the point that the federal agency is a “beast that is accelerating our nation’s transformation into a police state through its establishment of a standing army, aka national police force.”

http://www.infowars.com/…/ - 70k -

Comment by Bill, just South of Irvine, CA
2014-06-24 19:57:39

And for positive news. I saw a link that NSA’s funding of the backdoor spying on internet has been stopped.

But I don’t believe it.

Comment by phony scandals
2014-06-24 17:03:31

United Nations seeks US-based disarmament, demobilization and reintegration specialists

June 24, 2014 6:14 pm EDT

By Mac Slavo | SHTFplan.com

It’s no secret that the United Nations, with assistance from members of the Executive and Legislative branches in the United States, has been actively working to reduce Americans’ accessibility to firearms. In 2012 President Obama, along with then Secretary of State Hillary Clinton, spearheaded a backdoor move that would have imposed gun control on the United States through foreign means by signing a global disarmament initiative known as the Small Arms Treaty. Though that attempt failed, mass shooting incidents at Sandy Hook and elsewhere have kept the pressure on gun owners with the President having made repeated suggestions that he would mandate gun restrictions through Executive Order should state and federal legislatures fail to act.

Given the rocky history between America’s gun owners and the United Nations, chances are that the push for disarmament will continue with more ferver than ever before. In fact, a recent job posting at the United Nations website suggests that the organization is not only working to get guns out of the hands of American citizens, they are actively preparing personnel to assist in what they call “disarmament, demobilization and reintegration” activities. And if that’s not bad enough, the duty station for this key U.N. Peacekeeping Operations department is New York city, suggesting that the organization believes such operations may be commencing in the United States at some point in the future.

If you’d like to join them in their efforts to confiscate firearms then you can apply directly at the United Nations Career Opportunities page:

Posting Title: Disarmament, Demobilization and Reintegration Officer, P4


Department/ Office: Department of Peacekeeping Operations

Duty Station: NEW YORK

Work Experience: A minimum of seven years of progressively responsible experience in disarmament, demobilisation and reintegration or related area. Experience working within peacekeeping, peace-building or development programmes operations is desirable. Experience with small arms control, conflict/post-conflict crisis management, economic recovery is desirable. Experience coordinating multiple partner agencies, funds or programmes is desirable.

Languages: English and French are the working languages of the United Nations Secretariat. For the post advertised, fluency in English is required.

Full Listing / Video Commentary

According to the United Nations information page on ‘DDR’ operations, the New York post will involve various aspects related to the process by which a governing organization would confiscate firearms, all of which target what the U.N. calls “small arms.”

Disarmament is the collection, documentation, control and disposal of small arms, ammunition, explosives and light and heavy weapons from combatants and often from the civilian population.

Demobilization is the formal and controlled discharge of active combatants from armed forces and groups, including a phase of “reinsertion” which provides short-term assistance to ex-combatants.

Reintegration is the process by which ex-combatants acquire civilian status and gain sustainable employment and income. It is a political, social and economic process with an open time-frame, primarily taking place in communities at the local level.

The objective of the DDR process is to contribute to security and stability in post-conflict environments so that recovery and development can begin. DDR helps create an enabling environment for political and peace processes by dealing with security problem that arises when ex-combatants are trying to adjust to normal life, during the vital transition period from conflict to peace and development.

http://www.intellihub.com/…/ - 74k -

Comment by Housing Analyst
2014-06-24 17:12:12

Realtors are liars.

Comment by mikeinbend
2014-06-24 19:18:25

So are you Lolz Liberace
Homophobes just achin for that anal fissure factor

Comment by FavelaTouro
2014-06-24 19:58:59

HA you really uncorked this one!

Comment by mikeinbend
2014-06-24 20:38:31

And who might you used to be?
Or are you new
I have been here telling my victim story(making money incidentally buying in Santa Barbara in 1995 to avoid high rent).
Flipped a few to capitalize on playing with my kids and enjoying some higher ed, paying for some surgeries, making the best of it I knew how.

now I am feeling better so I am involved with selling vegetables which is what got me into a house in the first place.

HA once told me he wanted to jump through his keyboard and rip my hair out; I like to get a rise outta him just cuz of his insane refusal to ever answer personal questions about himself and his paranoid need to call everyone a liar or a pimp.
Glad hes your buddy not mine

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Comment by Housing Analyst
2014-06-29 05:26:35

You’re a fraud.

Comment by Raymond K Hessel
2014-06-24 18:59:00


When it comes to critical housing markets in the US, none is more important than San Francisco.

Courtesy of its location, not only does it reflect the general Fed-driven liquidity bubble which is the tide rising all housing boats across the US, but due to its proximity to both Silicon Valley and China, it also benefits from two other liquidity bubbles: that of tech, and of course, the Chinese $25 trillion financial debt monster, where since the local housing bubble has burst, local oligarchs have no choice but to dump their cash abroad.

It is no surprise that during ever single previous bubble peak, San Francisco home prices managed to post a 20% annual increase, starting with the dot com bubble in the year 2000, and certainly the first (not to be confused with the current) housing bubble peaking around 2005.
Which is why, while today’s Case Shiller data was widely disappointing across the board, indicating a significant slowdown in price gains (and on a sequential seasonally adjusted basis, practically a decline), the one market we paid particular attention to was San Francisco. What we found is a red flag for everyone waiting to time the bursting of the latest housing bubble. Because after an unlucky 13 months of posting consecutive 20% Y/Y price gains, the San Francisco bubble appears to have finally burst, posting “just” an 18.2% price increase, the lowest since January of 2013.

So, has the global coordinated credit bubble burst? Judging by stocks, which just traded at their all time highs, ironically based on housing data from the West (as we just reported) not yet. As for the wealthiest buyers of homes, usually the best leading indicator of easy financial conditions: they appear to be quietly putting up for sales signs in front of their bay area mansions.

Comment by Bill, just South of Irvine, CA
2014-06-24 19:51:51

I’ll try to remember this.

And I got popcorn.

Comment by Bill, just South of Irvine, CA
2014-06-24 18:59:06

Hmm…Two year note yield for June 30 is posted at 0.511%. No great shakes, except it appears to be drifting up finally. Easing into short term notes now, very “easing!”

Comment by Raymond K Hessel
Comment by FavelaTouro
2014-06-24 20:01:08

Anything tighter than a busted old crack whore is considered too tight and a tragedy for the banksters, shills and fraudsters.

Comment by Bill, just South of Irvine, CA
2014-06-24 20:41:40

Vaseline and 1mm-thick latex and still the lady housing market ain’t worth the risk.l

Comment by mikeinbend
2014-06-24 20:54:22

Yeah my wife took out a 312k mortgage in 2006 on a checker’s salary and a fico score. 60x income. But it was a NINJA loan, so I suppose the banksters didn’t know or care it was 60k income.
We were planning on some appreciation.
Didn’t happen went into foreclosure; however lost a 20% down payment and a few years of payments on the deal.
yes its true

Comment by Bill, just South of Irvine, CA
2014-06-24 20:46:36

As a gift to Phony Scandals and my HBBers here you go:


On Monday evening, journalist Glenn Greenwald spoke at New York’s Carnegie Hall as part of his U.S. tour in connection with the release of his book, “No Place to Hide: Edward Snowden, the NSA, and the U.S. Surveillance State.” During his speech, Greenwald didn’t hold back in his criticism of the U.S. government and media, unloading most harshly on a perhaps unsuspecting victim.

Calling her “indescribably heinous,” the outspoken author attacked Sen. Dianne Feinstein (D-CA), chairwoman of the Senate Intelligence Committee, contemptuously casting her as the “NSA’s best best friend in…all of Washington, D.C.”

As evidence, he referenced a USA Today op-ed Feinstein penned last year in which she argued that the NSA’s “call-records program is not surveillance,” with metadata collection a Constitutionally protected practice. Greenwald characterized the piece as the ”peak of brazen political propaganda.”

The context for this aside was a characteristically bombastic speech that in its themes almost made Greenwald sound like a Tea Partier.

It started with an introduction by famed actor and playwright Wallace Shawn.

“Well I guess as long as intelligent Democrats stay in power, we don’t need to worry [about the NSA],” Shawn said sarcastically, calling out those who seem okay with government snooping just as long as their candidates are in charge. “A man like Obama wouldn’t get involved in hurting people who haven’t done anything wrong.”
Harping on the fact that the NSA’s motto is “collect it all,” Greenwald argued that while the NSA claims that its data collection tools are about protecting America from terrorists, in reality the agency is “devoted to the elimination of privacy in the digital age.”

“They literally intend and are very close to achieving a system that collects and stores every single communication event by and between every human being on the planet that takes place electronically,” he added.

He continued:

“It is the greatest and most oppressive and most pervasive system of suspicion-less surveillance ever created in human history.”

While hurling the harshest invectives during his speech at Sen. Feinstein, Greenwald slammed many others who he feels carry water for the NSA’s intelligence-gathering practices and overall system — in particular, the mainstream media.

Greenwald said MSNBC’s Lawrence O’Donnell “irritated [Greenwald] even more than usual” during an interview O’Donnell conducted with Greenwald, in which O’Donnell said that none of the NSA revelations bothered him. Greenwald also called out Ruth Marcus of the Washington Post, Roger Cohen of the New York Times, Hendrik Hertzberg and Jeffrey Toobin of the New Yorker, Edward Jay Epstein of the Wall Street Journal as others who routinely advance government narratives as a matter of expediency.

Greenwald is outraged at these figures, among many others in the mainstream media, for what he perceives as their subservience to government power in the stories they report and the way they report them, especially on matters of national security.

The author argued, for example, that in the media’s unanimity (according to Greenwald) in pegging Edward Snowden as a Russian spy, it revealed more about the media’s own “soullessness” than anything else. This soullessness leads the media to protect the Obama administration and government more broadly, out of a desire for “career advancement” and self-aggrandizement.

Later in his speech, Greenwald made a forceful argument for the importance of privacy, stating that “dissent, creativity [and] personal exploration,” require it. Further, he said that the ”measure of how free a society is…is how it treats its dissidents.”

And Greenwald has little faith that meaningful change regarding surveillance is going to come from the state, arguing that government doesn’t walk around saying, “How can I unilaterally reduce my own power?”

Yet what is ironic in all of this is that while Greenwald argued against effectively Leviathan government and a complicit media used to stamp out critics of the prevailing political orthodoxy, conveniently missing from the groups he cited as being subject to injustices at the hands of government were liberty-minded groups and individuals.

Greenwald referenced Muslims, African-Americans, the folks at Wikileaks, and “hacktivists” broadly as groups targeted by government, but never mentioned the so-called “right-wing extremists” referenced in Department of Homeland Security literature, or even conservative groups targeted by the IRS, let alone the private individuals targeted by government via audits and other means in recent years.

Further, in spite of Greenwald’s criticism of government, the very event at which he spoke was sponsored by progressive/socialist groups from Haymarket Books and its sponsor the Center for Economic Research and Social Change, to the Glaser Progress Foundation. Greenwald is speaking at the similarly-aligned Socialism 2014 conference, and has spoken at such conferences in the past.

Greenwald’s focus on themes of “radical” dissent, and his comments on alleged atrocities carried out by U.S. troops overseas, plus his belief that the Iraq War was executed on behalf of Wall Street — themes typically focused on by the political left – combined with Greenwald’s associations indicate his sympathy with those who themselves champion even more expansive statism. This would be consistent with many other civil libertarians, and groups like the ACLU, who defend causes and groups antithetical to liberty.

Alan Dershowitz, no conservative, was perhaps most blunt in his views on Greenwald’s ideology, stating back in 2013 that the journalist is “anti-American, he loves tyrannical regimes, and he did this [aiding Edward Snowden in leaking NSA information] because he hates America. This had nothing to do with publicizing information.”

So while the crowd at Carnegie Gall booed and howled at many of the leftist names that Greenwald mentioned during his speech, judging by Greenwald’s own political associations and tendencies, the groups backing his speech and as echoed by the various socialist groups who passed out pro-Greenwald literature outside of the the lecture hall, could it be that Greenwald and his fans are more upset at the leftists who they feel are betraying the “change” they seek, rather than tyrannical government itself?

Shortly thereafter, Greenwald — of Edward Snowden leak fame — stepped to the microphone and lambasted the government (almost singularly Democrats) and its national security establishment, as well as the mainstream media.

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