November 24, 2014

Bits Bucket for November 24, 2014

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




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188 Comments »

Comment by Housing Analyst
2014-11-24 03:12:21

Santa Maria, CA Sale Prices Down 3% YoY As Housing Demand Craters Statewide

http://www.zillow.com/santa-maria-ca-93458/home-values/

 
Comment by Housing Analyst
2014-11-24 03:13:35

San Francisco, CA Sale Prices Plunge 15% YoY As Inventory Balloons

http://www.zillow.com/san-francisco-ca-94109/home-values/

 
Comment by Housing Analyst
2014-11-24 03:16:52

Thousand Oaks, CA Rental Rates Crater 10% YoY

http://www.zillow.com/thousand-oaks-ca/home-values/

Comment by Prime_Is_Contained
2014-11-24 09:01:09

From the page you sent:

Thousand Oaks Rents, List price, PPSQ:

Oct 2013: $1.58/sq-ft/mo
Oct 2014: $1.75/sq-ft/mo

Crater?

Comment by Guillotine Renovator
2014-11-24 11:38:20

Don’t confuse him with facts.

 
Comment by Housing Analyst
2014-11-24 12:12:17

*read* the data kiddies.

 
 
 
Comment by azdude
2014-11-24 06:42:47

how long are you going to sit on the sidelines and miss the liquidity orgy?

Comment by Shillow
2014-11-24 07:33:58

QE is over for now and Mo Credik has not been started yet and will take many many months to ramp up. Prices are falling. Half the demand was flippers and investors who are now chasing fewer and fewer buyers. Looking at the price charts of my area, the figures for price declines are going to get uglier and uglier based on where prices were early thru mid last year. Simple math will show double digit plus price declines, which is just going to accelerate this cycle.

 
Comment by Whac-A-Bubble™
2014-11-24 07:50:14

Wouldn’t it be prudent to wait on the sidelines until the market finishes its rehab program in the wake of the QE3 taper?

 
Comment by Puggs
2014-11-24 10:20:43

I’m sitting on the sidelines counting my cash and ready to buy on the down leg.

 
 
Comment by real journalists
2014-11-24 06:58:20

cleveland police just wasted some 12 year old black kid for brandishing a fake gun

happy monday :)

Comment by 2banana
2014-11-24 07:12:07

12 dead blacks in Chicago over the weekend.

No one cares as you can’t politicize these dead blacks, make any money off them or stir up your base with them.

Comment by real journalists
2014-11-24 07:37:34

Let’s talk about the real journalists

Washington Post - In Ferguson, media’s long vigil is welcomed by some, wearing on others

“The national media has again assembled in Ferguson, but this time, they’ve been drawn here not by something that just happened but something that’s about to, with a grand jury deliberating whether to indict a white police officer who fatally shot a black teen. The any-day-now anticipation, coming with ever-revised cable news speculation, has returned this city of 21,000 to a spotlight it both understands and sometimes bristles at.

They’re worried, too, that reporters are here to document the next round of violence, if there is one, not the underlying problems. “Riot porn” is what Democratic committee member Patricia Bynes called it”

http://www.washingtonpost.com/politics/in-ferguson-medias-long-vigil-is-welcomed-by-some-wearing-on-others/2014/11/23/3e3bb4ae-7356-11e4-9c9f-a37e29e80cd5_story.html

Comment by MightyMike
2014-11-24 07:47:01

Here’s one for you, goon:

Police: Woman allegedly kills herself with gun bought to prepare for Ferguson unrest

St. Louis (CNN) — A woman appears to have accidentally fatally shot herself in the head with a gun bought to prepare for possible Ferguson-related unrest, according to sources briefed on the police investigation.

The shooting occurred Friday night in downtown St. Louis, the city’s Metropolitan Police Department said, in an area dominated by vacant lots beside a football stadium.

The female victim, identified in a police report as Becca Campbell, 26, was a passenger in a car involved in an auto accident. Her 33-year-old boyfriend was driving, the sources told CNN.

The boyfriend, who wasn’t identified, told police that the couple had bought a gun because of fears of unrest related to the pending grand jury decision on the shooting of Michael Brown, the sources said.

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Comment by MacBeth
2014-11-24 09:03:57

Perhaps it’s time to slap fines on the media?

They are as responsible for her death as any other entity…with the exception of the woman herself.

 
Comment by Biggvs Richardvs
2014-11-24 11:15:01

I’m sorry to be so blunt, but someone handling a firearm in a moving car, an obviously LOADED firearm, is just begging for a Darwin award.

I get that your first pistol makes you feel empowered to defend yourself, but for gods’ sake, take a class or at least get some range time in before you keep it loaded. And don’t keep it loaded unless you plan/need to use it.

I’m having a hard time scrounging up sympathy for this gal….

 
Comment by Avocado
2014-11-24 13:03:47

social Darwinism.

 
Comment by FED Up
2014-11-24 13:55:01

The boyfriend’s story needs to be investigated further. He said it was purchased because of fears of unrest, but she was a protester according to this tweet by a St. Louis Post-Dispatch reporter.

https://twitter.com/phampel/status/536696123633975296/photo/1

 
 
Comment by Guillotine Renovator
2014-11-24 11:41:45

Do black people always react so violently to the death of their thug brethren?

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Comment by rj chicago
2014-11-24 09:10:34

“12 dead blacks in Chicago over the weekend.

No one cares as you can’t politicize these dead blacks, make any money off them or stir up your base with them.”

Ummmm……This doesn’t even make the news anymore on radio or in print in the Chicago area. I live here and all you hear is crickets on this issue.
Now if it has to do with Jay Cutler THAT is a different story.

 
 
Comment by oxide
2014-11-24 09:48:04

I suspect that this case will be decided on the orange sticker.

 
 
Comment by Whac-A-Bubble™
2014-11-24 07:28:59

Will the commodities crash necessitate yet another taxpayer bailout of the banking system? After all, somebody has to fund those $500K+ salaries plus bonuses!

Comment by Mr. Banker
2014-11-24 07:35:06

Capitalize the profits, socialize the losses.

What’s not to like?

Comment by Puggs
2014-11-24 10:22:25

Then I’ll swoop in and buy stuff for 75% off.

Comment by Avocado
2014-11-24 15:28:36

What if I buy it all at 65% off? Or the Chinese at 20% off?

We wont see huge swings, too much cash on the sidelines.

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Comment by Whac-A-Bubble™
2014-11-24 07:38:01

Commodities could lead to banks needing another bailout: experts
in World Economy News 24/11/2014

Two experts warned a Senate committee that banks are too involved in the commodities market, a situation they said could lead to another bailout.

The warning came the second day of hearings at the Senate Permanent Subcommittee on Investigations, which released a report this week about J.P. Morgan JPM, Goldman Sachs and Morgan Stanley being involved in the commodities business in a way that could give them unfair trading advantages by allowing them access to valuable nonpublic information.

The committee’s senior Republican member, Sen. John McCain of Arizona, asked the experts if banks and their holding companies had stopped being “too big to fail,” given their increasing involvement in commodities.

“To the contrary, specifically in this physical commodities area, they’ve grown much bigger,” said Saule Omarova, a law professor at Cornell University. That could lead to banks like Goldman Sachs needing another bailout, she said.

Chiara Trabbuchi, a principal at Industrial Economics Inc., said she did not have enough information to comment. She said the banks are engaging in activities that increase their risk profile.

Committee Chairman Carl Levin, a Democrat from Michigan, asked Omarova, if the Federal Reserve was responsible for ensuring banks do not misuse advantages, since it provides banks with low interest rates and lower capital requirements.

“It is disheartening that the Federal Reserve hasn’t done so,” she said.

Federal Reserve Governor Daniel Tarullo’s said the Federal Reserve was reviewing comments for a rule to increase capital or insurance requirements for bank activity with commodities and reduce the maximum amounts of assets or revenue from commodities.

The central bank will make the announcement sometime in the first quarter of 2015.

Tarullo mentioned that some at the Federal Reserve had expressed concern about banks getting involved in commodities because there is potential to lose more than assets are worth.

Saying, “It strikes me as a vast commercial and industrial adventure, not as a banking activity,” Levin pointed to a 2011 report by J.P. Morgan showing its natural gas and power plant assets and asked the experts’ opinions of a bank owning such assets.

“This is a financial-industrial conglomerate,” said Omarova, adding when she tells others about activities banks are involved in, they do not expect to hear about commodities.

Tarullo said that market manipulation is not part of the Federal Reserve’s scope but that when other regulators brings enforcement action, the central bank is able to cooperate.

Comment by Mr. Banker
2014-11-24 07:53:18

“Committee Chairman Carl Levin, a Democrat from Michigan, asked Omarova, if the Federal Reserve was responsible for ensuring banks do not misuse advantages, since it provides banks with low interest rates and lower capital requirements.”

Wait for it …

“’It is disheartening that the Federal Reserve hasn’t done so,’ she said.”

Bahahahahahahahahaha … and some people say these guys are without a sense of humor.

 
 
Comment by Whac-A-Bubble™
2014-11-24 07:46:10

ft dot com
November 24, 2014 10:06 am
Report reveals breadth of banks’ commodities activities
Neil Hume, Commodities Editor

The 403-page report published by the US Senate last week on Wall Street’s involvement in physical commodities is a treasure trove of information. It shows just how deeply Goldman Sachs, Morgan Stanley and JPMorgan pushed into raw materials over the past decade.

According to a special review by the Federal Reserve’s commodities team cited in the report, Goldman Sachs had ownership interests in more than 30 power stations, 84 metal warehouses, a Colombian coal mine as well as a uranium trading business.

Morgan Stanley, meanwhile, controlled operating leases on more than 100 oil storage tanks with a capacity of 58m barrels; controlled 18 natural gas storage facilities in the US and in Europe, controlled six power plants.

The breadth of JPMorgan’s operations was also impressive. As well as holding a “whopping” 3.5m tonnes of aluminium, the bank had a 25m-barrel global oil storage portfolio, 19 natural gas storage facilities and a power plant that generated 12 per cent of California’s average electricity demand.

The report also details how the performance of these operations has deteriorated since the boom years of the commodities super cycle. The report cites a 2013 presentation to the board of directors at Goldman Sachs. This includes a chart tracing the bank’s commodity-related revenues over 30 years and shows how they grew from $1.4bn in 2004 to $3.4bn in 2009, before tailing off to $1bn in 2012.

An internal Morgan Stanley presentation cited in the report shows how the bank’s commodities group produced about $3bn in revenues for the company in 2008 but by 2013 that had fallen by two-thirds to $912m.

Overall, the Senate report does not contain any smoking gun or fresh claims of inappropriate behaviour even if it throws fresh light on Wall Street’s involvement in commodities. The granular detail on the so-called “merry-go-round” deals that resulted in huge queues inside metal warehouses, for example, is fascinating but isn’t news.

As such it is unlikely the report will have much of an impact, given that Wall Street is retrenching from physical commodities and the US Federal Reserve is already exploring whether measures such as additional capital requirements and reporting requirements on physical commodities are needed.

That said, some of the “concerns” flagged by the Permanent Subcommittee on Investigations in its report are likely to influence the wider debate about banks and the extent of their commercial activities.

It’s difficult to disagree with the observation that “allowing major banks to straddle not only the financial sector, but also key raw materials and energy markets, would further extend their economic power”.

Comment by Guillotine Renovator
2014-11-24 11:45:52

Delicious speculative excesses funded by taxpayer backed QE.

Comment by Biggvs Richardvs
2014-11-24 14:47:15

Except it’s not taxpayer backed. It’s counterfeiter backed.

Remember folks: The Federal Reserve Bank™ is aPRIVATELY owned business that’s been given a licence to counterfeit by congress.

That’s why when anyone tries to tell you the national debt is ok because it’s owed mostly to Americans, they always conveniently leave out the counterfeiting part.

The Fed is no more federal than Federal Express. It’s owned by private shareholders who receive a fixed 14% return on their shares and (more importantly) access to the discount window for near-zero interest loans.

Stop and really absorb what that really means to you. There is privately licensed counterfeiting going on, but since much/most of it goes to buying US treasuries and funding your governments foibles and follies, the gov’t allows it to continue.

If we don’t do something about where that situation is leading us, then none of the other political issues du jour will matter.

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Comment by Avocado
2014-11-24 15:31:02

What party is most likely to stop the FED? What can we do?

I want 14%!

 
Comment by Scored by CBO
2014-11-24 16:36:17

Elizabeth Warren?

LOL

 
Comment by Biggvs Richardvs
2014-11-24 19:27:49

Unfortunately BOTH parties have had their lips surgically attached to the Federal Reserve Counterfeiters Bank’s™ teat for quite some time now, so I’m afraid I don’t have good news for you on that front.

We could either start/vote a third party, which is very difficult under our current system, or maybe there’s another option: We organize and agree to put our votes behind whichever candidate in whichever party addresses our concerns publicly during the campaign, and after election if they want our votes again. We could call it the “Swinger Party” as in swing vote, but the obvious overture wordplay is good marketing.

Our platform would look like this:

We the members of the Swinger Party™ declare that there is no discernible or consequential difference between the two major parties. Therefore we will cast our vote for whichever candidate addresses the following issues:

* Rampant money creation by the Federal Reserve
* Failing to let Bank executives and shareholders suffer the consequences of their own bad decisions and malfeasances.
* etc
* etc

If neither party chooses to take up these issues and address them publicly during the campaign, we the members will cast our votes for the third party of our individual choosing.

———

Now, you might argue that we’re just throwing away our vote, but in any race that is close, our votes will swing the election. Therefore, if a given candidate is slightly behind and wants to win, addressing our issues to win our votes will become VERY tempting.

Who’s with me?

 
Comment by AmazingRuss
2014-11-25 00:02:46

Or we could burn the f**er down…

 
 
 
 
Comment by Whac-A-Bubble™
2014-11-24 07:49:04

Investment Banking | Legal/Regulatory
Fed Plans to Tighten Commodities Rules for Banks
By Nathaniel Popper
November 21, 2014 10:14 amNovember 21, 2014 10:14 am
Daniel K. Tarullo, a Fed governor, testified on Friday before the Senate Permanent Subcommittee on Investigations.
Credit Chip Somodevilla/Getty Images

Updated, 6:25 p.m. | WASHINGTON – The Federal Reserve is preparing to unveil new restrictions aimed at making it harder for Wall Street banks to make big bets in the commodities markets, according to testimony on Friday from the Fed governor Daniel K. Tarullo.

Mr. Tarullo struck an unexpectedly aggressive stance in his appearance on Friday in front of a Senate subcommittee that has been investigating the involvement of big banks in the markets for basic materials like coal, aluminum and gas.

Mr. Tarullo said that the Fed expected to issue a formal notice of potential new rules in the first quarter of next year. Those new regulations could force banks to amass more capital to protect against losses on holdings of commodities and restrict banks from some types of commodities operations that they are currently allowed to do.

In his unscripted remarks, Mr. Tarullo, the Fed governor who oversees regulatory policies, also outlined a number of other areas where he said he wanted the Fed and other regulators to increase oversight of bank activities.

Referring to recent problems involving banks’ foreign exchange and interest rate trading desks, Mr. Tarullo said, “In general the compliance procedures, and expectations within firms for abiding by laws, are not adequate in many cases.”

The testimony from the Federal Reserve governor came during the second day of hearings held by the Senate Permanent Subcommittee on Investigations. The subcommittee released a 400-page report this week that detailed cases in which banks had made enormous investments in the commodities markets that allowed the banks to influence the prices of commonly used materials.

“This is reminiscent of the days of the robber barons,” Senator John McCain, the top Republican on the subcommittee, said Friday morning.

Comment by Guillotine Renovator
2014-11-24 11:50:14

Barn door missing, horse long ago rendered at the glue factory- hurry up and close the door!

 
 
Comment by Whac-A-Bubble™
2014-11-24 07:54:22

Is it possible the Fed’s extreme easy money policies of the past decade encouraged Wall Street megabanks to go crazy with high risk bets and price fixing activities in the commodities markets?

Comment by Blue Skye
2014-11-24 08:08:42

The question that doesn’t get asked is this: Is it a crime for banks to hoard the necessities of life? Does it bother anyone that the banks have caused the price of food, heat, houses and everything else we need to double and triple?

Maybe here’s a better question: Will the Fed buy up commodities to help the banks?

Comment by Whac-A-Bubble™
2014-11-24 08:16:31

Why would the Fed need to buy commodities? Shouldn’t the rock bottom lending rates they have offered large investment banks suffice to enable them to do so?

I’m not sure whether MBS purchases are tantamount to buying homes, given how many mortgages went into default, but perhaps the housing market bailout is a precedent suggesting this could happen in other markets.

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Comment by Blue Skye
2014-11-24 09:08:33

If you were an investment banker, who owned the Fed, you wouldn’t ask “why”.

 
Comment by Prime_Is_Contained
2014-11-24 09:16:02

but perhaps the housing market bailout is a precedent suggesting this could happen in other markets.

Seems like a crazy thought, but we live in an insane time…

 
Comment by Oddfellow
2014-11-24 10:06:11

“Seems like a crazy thought”

It’s arguably the easy money policy at work, inflating prices that would otherwise deflate. Anger-inducing in itself, perhaps, but made even worse when many of the main beneficiaries of it are the “banks” that helped cause the deflationary crash that the easy money is meant to remedy.

 
 
Comment by Guillotine Renovator
2014-11-24 11:54:53

What the banksta wants, the banksta gets.

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Comment by oxide
2014-11-24 17:41:26

The question that doesn’t get asked is this: Is it a crime for banks to hoard the necessities of life?

Commie talk!

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Comment by iftheshoefits
2014-11-24 19:38:16

Commie? Not in the least. Not when we’re talking about TBTF banks, which are no more than federally guaranteed utilities at this point. They owe their entire continued existence to non-democratic government backstops.

So drop the regulations, and the backstops, and make them survive on their own. The hoarding would end very quickly.

 
Comment by DaniW
2014-11-25 07:33:53

Oxide is being sarcastic

 
 
 
 
Comment by Whac-A-Bubble™
2014-11-24 07:56:16

Commodities
Regulators Boost Scrutiny of Bank Activities in Commodities Markets

New Restrictions to Restrict Firms’ Trading and Ownership Could Come Early Next Year
Federal Reserve Board of Governors member Daniel Tarullo Getty Images
By Scott Patterson and Christian Berthelsen
Updated Nov. 21, 2014 2:55 p.m. ET

WASHINGTON—Regulators are expanding their examination of bank activities in commodities markets and could unveil new restrictions early next year to sharply restrict firms’ trading and ownership of physical oil, metals and other raw materials, a senior Federal Reserve official told lawmakers on Friday.

Fed Gov. Daniel Tarullo , testifying Friday before the Senate Permanent Subcommittee on Investigations, said certain activities by banks involved in physical commodities markets could be exploiting a “gap” in regulatory oversight, opening a door to manipulative trading. He suggested some bank activity in commodities markets may take place in areas that neither the Commodity Futures Trading Commission or the Securities and Exchange Commission are able to regulate.

Mr. Tarullo said an interagency group of financial regulators, including heads of the Fed, the SEC, the CFTC and the Office of the Comptroller of the Currency, should “look at gaps in the regulatory structure” and examine whether added oversight is required.

For its part, Mr. Tarullo said, the Fed is considering measures that could reduce the amount of allowable assets or revenue banks derive from physical commodity markets, increase capital costs for such activities and prohibit involvement in markets that pose risks to financial stability.

His comments came as part of a two-day hearing by the Senate subcommittee, which has been exploring the role that banks play in potentially perilous markets including uranium and seaborne oil trading and coal production. The Fed has been concerned about those activities as well, soliciting public comment in a rule proposal earlier this year about whether banks face catastrophic or safety and soundness risks from their ownership of volatile commodities like oil pipelines and tankers.

Some of the banks have undertaken such activities though equity investments in companies made under their merchant banking authority. Mr. Tarullo said the Fed was considering restrictions on that. A notice of a formal rule making could come in the first quarter of 2015.

“We are assessing the potential risk of physical commodities activities to the safety and soundness of the financial holding companies engaged in these activities,” Mr. Tarullo said in a prepared statement. “In doing so, we are focusing on the risk to safety and soundness presented by specific activities and on whether those risks can be appropriately and adequately mitigated.”

 
 
Comment by real journalists
2014-11-24 07:45:16

hope and change

‘as of today, the united states has now conducted 500 targeted killings … fifty of these were authorized by president george w. bush, 450 and counting by president obama’

http://www.businessinsider.com/all-500-us-drone-strikes-in-one-chart-2014-11

Comment by Dman
2014-11-24 08:16:53

Wasn’t one of those killings Osama Bin Laden?

Comment by MacBeth
2014-11-24 09:05:21

Another was a guest at a wedding party. And another. And another.

Comment by Scored by CBO
2014-11-24 16:38:47

Nothing says more fun then a couple of drones in a wedding party. Obama knows it.

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Comment by 2banana
2014-11-24 08:17:42

They don’t give those Nobel Peace prizes for nothing…

Comment by Anonymous
2014-11-25 23:25:31

Touche!

 
 
Comment by Guillotine Renovator
2014-11-24 11:56:38

But I thought President Ebola was a muzzzlum?

Comment by Michael Viking
2014-11-24 15:02:28

Maybe you’re thinking of President Obola?

 
 
 
Comment by Whac-A-Bubble™
2014-11-24 07:57:37

They’re stuck.

Comment by Whac-A-Bubble™
2014-11-24 07:59:39

Outside the Box
Opinion: The Fed has boxed U.S. into a tough easy-money corner
Published: Nov 24, 2014 6:01 a.m. ET
Central bank’s hands are tied on interest rates
By Satyajit Das

Despite the Federal Reserve ending its purchases of Treasury bonds, U.S. monetary policy remains accommodative — and will be for a long time to come.

The downside is too great. Withdrawing fiscal stimulus would slow economic activity. Reduction in government services and higher taxes hits disposable incomes, especially when wage growth is stagnant. In turn, this leads to a sharp contraction in consumption. Slower growth, exacerbated by high fiscal multipliers, makes it difficult to correct budget deficits and control government debt levels.

Accordingly, the Fed’s ability to reverse an expansionary fiscal policy is restricted, at best, corroborating economist Milton Friedman’s sarcastic observation: “There is nothing so permanent as a temporary government program.”

The Fed is basically stuck. Its ZIRP and QE policies are difficult to change. Normalization of interest rates, reducing purchases of government bonds, and the reduction of central bank holdings of securities, all risk risks higher rates and reduced available funding for economic expansion. Low rates, meanwhile, allow overextended companies and nations to maintain or increase borrowings.

Central banks also cannot sell government bonds and other securities held on their balance sheet. The size of these holdings means that disposal would lead to higher rates, resulting in large losses to the central bank as well as commercial banks and investors. The reduction in liquidity would tighten the supply of credit, destabilizing a fragile financial system.

Comment by MacBeth
2014-11-24 08:15:25

“The downside is too great. Withdrawing fiscal stimulus would slow economic activity. Reduction in government services and higher taxes hits disposable incomes, especially when wage growth is stagnant. In turn, this leads to a sharp contraction in consumption. Slower growth, exacerbated by high fiscal multipliers, makes it difficult to correct budget deficits and control government debt levels.”

Are they sure about this? How do they know?

Yes, I realize it seems like a ludicrous question to ask on my part…but just how ludicrous a question is it on a 1-10 scale?

Articles such as this are beginning to smell like rot. And they sure seem like stamp of approvals for more of the same.

Comment by Biggvs Richardvs
2014-11-24 15:43:29

It’s only about a 2. The reason we know this is that the ONLY reason we haven’t gone into “Great Depression II - This Time it’s Personal” is because of all the free money the fed counterfeited and loaned to the US government via treasury purchases.

Right now the taxes you and every other American pay BARELY cover the interest on the national debt. Really think about that: All your hard earned tax dollars basically pay for nothing more than interest on money that was counterfeited out of thin air in the first place and then loaned to your government.

Meanwhile, all the other counterfeit money created goes to banks at basically zero interest who in turn loan it and this has been the foundation of our economy since QE started. If they turn down the spigot, thus raising interest rates, that whole paradigm comes to a grinding halt.

Then one spiral leads into another and worse things happen that in turn cause worser things to happen.

We are and have been a debt based economy. Take away the debt creation, and suddenly there’s no money to maintain things. Then add in having to service existing debt at higher interest rates and we’re looking at real trouble.

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Comment by In Colorado
2014-11-24 08:44:15

I think the whole world has been boxed into a cheap and easy money corner, while central banks play race to the bottom.

 
Comment by rj chicago
2014-11-24 09:16:21

Central Banks are indeed the (over) Lords of Finance.

 
 
Comment by Mr. Banker
2014-11-24 08:05:19

Tar baby stuck. La Brea Tar Pit stuck. Superglue stuck.

When you choose to play the banker’s game of Gotcha either you win or you get stuck.

And since the banker is the one who gets to set the rules you will always get stuck. Even if you - a taxpayer - choose not to play you will get stuck.

“You can’t lose with the stuff I use.” - Rev Ike

 
 
Comment by real journalists
2014-11-24 07:59:18

Because warmists gonna warm

“If it’s so cold and there’s a dangerous amount of snow, then how could the Earth possibly be warming?

Part of the confusion comes down to our understanding of weather and climate. People question the scientific reality of global warming because they don’t know the difference between the two.”

http://www.businessinsider.com/cold-weather-doesnt-discredit-climate-change-2014-11

Comment by real journalists
2014-11-24 08:06:09

“A new report by the World Bank says that while the new pact between the nations with the two largest economies is a start, it doesn’t go far enough.”

http://mobile.bloomberg.com/news/2014-11-23/u-s-china-climate-agreement-won-t-slow-warming-world-bank-says.html

 
Comment by real journalists
2014-11-24 08:11:14

Another conspiracy from Tom Steyer, George Soros, and Al Gore

“A century ago, this sweep of mountains on the Canadian border boasted some 150 ice sheets … Today, perhaps 25 survive. In 30 years, there may be none”

http://www.nytimes.com/2014/11/23/us/climate-change-threatens-to-strip-the-identity-of-glacier-national-park.html

Comment by MacBeth
2014-11-24 08:17:14

Or, in 30 years, there may be 75.

See? I can be a real journalist, too!

Comment by real journalists
2014-11-24 08:24:10

No glaciers?

Warmists gonna warm

75 glaciers?

Warmists gonna warm

Noticing a pattern here?

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Comment by Housing Analyst
2014-11-24 08:27:44

Potsy,

Doesn’t it stand to reason that better more concentrated pot can be grown with warmer temps? And more of it?

 
Comment by real journalists
2014-11-24 08:44:15

Hey Cheetoboy.

Yesterday I whipped up a batch of turkey chili with a mild THC infusion (Golden Goat and Flo strains extracted into butter and olive oil) to celebrate the Donks’ victory over the Miami Minnows.

And tonight, I will be dipping slice after slice of 50% discounted Papa John’s pizza into that chili while you eat ramen and spam and peanut butter for dinner.

 
Comment by In Colorado
2014-11-24 08:46:26

The Broncos almost blew it again.

And the Chefs gave the Raiders their first win!

Viva AFC West!

 
Comment by rj chicago
2014-11-24 09:21:29

Mind you this from a life long donk fan - 1963 to be exact - priority number 260 ish.

My Donk gave up 36 pernts yesterday - Defense needs a look see with a scope up the you know what ’cause Peyton just can’t keep putting up 40 pernts game after game while Knighton and crew get holes blown thru ‘em.

Kudos to Anderson on a great game in the rush dept.

 
 
 
Comment by Puggs
2014-11-24 10:26:55

Time to start up the F-250 Diesel and let er idle for a couple hours.

Comment by real journalists
2014-11-24 10:52:08
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Comment by reedalberger
2014-11-24 11:47:57

““A century ago, this sweep of mountains on the Canadian border boasted some 150 ice sheets … Today, perhaps 25 survive. In 30 years, there may be none””

Ushering in communism should help. See China and Russia

#FundamentalTransformationOfAmerica

 
 
Comment by Blue Skye
2014-11-24 08:16:04

Not so fast there. The inventor of the Greenhouse Effect promised that we would have warmer weather, so as to be able to grow more food.

Comment by In Colorado
2014-11-24 08:47:33

IIRC, in the early days of GW, I read articles in the WSJ saying that GW would be good because of that.

Comment by real journalists
2014-11-24 09:08:44

From the Bloomberg article above:

“Global emissions are growing about 2.5 percent a year, a pace that will probably cause the 2 degree threshold to be breached within 30 years, according to a World Bank report on climate change released today.

That would lead to lower crop yields, an increase in extreme heatwaves and a spike in tropical storms from rising sea levels”

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Comment by Avocado
2014-11-24 14:17:02

But what if you don’t “believe” in science?

Remember, it is cold in Buffalo today. ;)

 
Comment by Scored by CBO
2014-11-24 16:40:53

And it’s hot in house of Saud.

 
Comment by iftheshoefits
2014-11-24 21:57:51

A lot of us neither believe or disbelieve science. We invest in it and apply it, when it’s proven reliable, to solve problems and produce useful goods and services. Something most of the talking point parrots know very little about. When the science doesn’t yield reliable predictable results, we proceed with extreme caution, if at all.

Warming predictions are proving to be about the same as macroeconomic predictions from Fed economists. Credentials don’t matter to a lot of us when you get every forecast dead wrong.

 
 
 
Comment by MacBeth
2014-11-24 09:10:00

Should be a boon for Canadians!

Time for a move NOW to the shores of Great Slave Lake. ‘Cuz they aren’t building any more land.

 
 
Comment by Whac-A-Bubble™
2014-11-24 08:17:41

Ever colder winters prove global warming is real, as do ever hotter summers.

Get it?

Comment by real journalists
2014-11-24 08:30:08

“97% of a sample of 4,000 peer reviewed journal articles confirm that blah blah blah who f*king cares”

Why don’t you take your “science” and your socialism and your weakly closeted homosexuality and GO BACK TO EUROPE!

Comment by MacBeth
2014-11-24 09:13:23

No, just the socialism.

The others (bona fide scientists and gays) can stay. The best of both are beneficial to capitalism.

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Comment by phony scandals
2014-11-24 10:24:47

Climate Change
And President Obama’s Action Plan

In 2013, President Obama announced a series of executive actions to reduce carbon pollution, prepare the U.S. for the impacts of climate change, and lead international efforts to address global climate change.

At the United Nations on September 23, President Obama participated in the Climate Summit — a meeting of world leaders to showcase climate action commitments from governments, local leaders, and the private sector.

The President gave a speech at the summit that highlighted the ambitious actions the U.S. is taking under his Climate Action Plan, while stressing that all major economies must step up to the plate if we are to avoid the dangerous consequences of climate change.

Watch the President’s speech below — and learn more about the new actions we’re taking to strengthen global resilience to climate change and cut carbon pollution.

http://www.whitehouse.gov/climate-change - 206k -

GRUBER: “Lack of transparency is a huge political advantage …
http://www.youtube.com/watch?v=G790p0LcgbI - 640k - Cached - Similar pages
Nov 7, 2014 … Obamacare architect Jonathan Gruber bragging about deceiving the American people, who he thinks are stupid. DATE: October 17, 2013 …

Comment by real journalists
2014-11-24 11:13:38

@Jeff Saturday, warmists gonna warm, and Grubists gonna Grub

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Comment by 2banana
2014-11-24 08:19:19

It really is a religion - except with even less logic

Comment by real journalists
2014-11-24 08:35:28

You really don’t understand what “real journalism” is, do you?

http://www.nytimes.com/2014/10/31/us/why-republicans-keep-telling-everyone-theyre-not-scientists.html

 
Comment by MacBeth
2014-11-24 09:17:33

Yes, it IS a religion.

Enviro-Nut = Religious fanatic.

Anyone know of any churches specializing in Global Warming? If not, that’s one hell of an untapped marketplace.

Feed the Tithe, save the planet.

Comment by real journalists
2014-11-24 09:42:00

Welcome to Jonestown, MacBeth.

Know what I’m doing for Thanksgiving? Getting in a low gas mileage SUV and burning gasoline to drive to the mountains to ride on chairlifts powered by electricity created from burning coal to ski on snow that won’t exist a century from now.

Loveland Pass just got two feet of fresh “global warming” this weekend, LOLZ.

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Comment by phony scandals
2014-11-24 15:04:39

“It really is a religion - except with even less logic”

Forgive me Father for I have Warmed.

Go my son, make a large donation to the Democratic National Committee buy a Prius and Warm no more.

 
 
Comment by Bring Back the WPA
2014-11-24 09:38:34

Basic science predicts heavier snowstorms due to global warming. It’s quite simple. Clouds at 25 degrees F can carry more snow than clouds at 15 deg F. Unfortunately our MSM does a terrible job at explaining science to people — probably because most journalists either didn’t take science or flunked out.

The other effect we will see as temps slowly climb: droughts will get drier and flooding will get worse. Heat increases evaporation rates making dry areas drier. Again, warmer clouds hold more water; all this evaporated water gets dumped somewhere in increasing amounts.

Comment by Prime_Is_Contained
2014-11-24 09:46:02

Again, warmer clouds hold more water; all this evaporated water gets dumped somewhere in increasing amounts.

So you’re saying our fresh-water scarcity issues are solved?!? Hurrah!

 
Comment by Blue Skye
2014-11-24 10:30:51

“Clouds at 25 degrees F can carry more snow…”

My seven year old nephew has a better understanding of physics than this.

Comment by Bring Back the WPA
2014-11-24 11:16:59

You might want to share this chart with nephew:

http://www.scubaengineer.com/pictures/compressors/bauer/humidity_versus_temperature_minus20_to_plus50.jpg

Pretty simple really… maximum water grams/cubic meter goes up with temperature.

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Comment by Blue Skye
2014-11-24 11:54:11

Thanks, but I get it WPA. I teach engineering to engineers.

 
 
 
Comment by Dman
2014-11-24 13:27:29

Bring Back, don’t try to explain meteorology to the bumper sticker crowd. They can be trained to salivate with the use of certain key words (Benghazi! Gruber!), but understanding something as complex as climage change is way beyond their abilities.

Comment by Scored by CBO
2014-11-24 16:34:05

What do you scream every time?

Global Warming!
Climate Change!
Racism!
War on Women!

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Comment by Blue Skye
2014-11-24 16:46:06

Aha. Your ideas (which are not your ideas at all) are too complex for us bums to comprehend. That is such a common theme these days everywhere, especially where the message is disconnected from reality.

In my opinion, using the term “climate change” is dishonest. Maybe not dishonest as in “I have no idea what happened to the apple pie” but dishonest in the sense of adding confusion and shifting position in an effort to make logical discussion more difficult. It is a made up term, which should set off some bells.

I actually do not understand what the chicken littles are afraid of if the temperature on average is going up a degree in 100 years. Does this improve the carry capacity of the earth for humans or reduce it? Nobody knows. We do know that gardens have turned to deserts and the other way around for as long as anyone can tell, and human life goes on. Perhaps the crops grown shift and the population centers change. If we have overexpanded our activity, we will get set back and this little planetary miracle will self buffer at our expense. Problem solved.

What ever happened to the “tipping point” crowd. Has that clown left the circus?

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Comment by MightyMike
2014-11-24 17:00:42

We do know that gardens have turned to deserts and the other way around for as long as anyone can tell, and human life goes on.

This can be said about many things. For example, if Ebola comes to America and kills half the population, life will go on. So everyone should just relax about it.

 
Comment by Blue Skye
2014-11-24 17:20:42

You have a point Mike, if my oasis dries up or overflows I can move with my family to Pittsburgh or something, but if I get the flu, I’m done. Please do not cough on me.

 
 
 
Comment by Scored by CBO
2014-11-24 16:31:46

Basic science predicts heavier snowstorms due to global warming. It’s quite simple.

Yes it does and humans were behind the extinction of dinosaurs, too.

Comment by Whac-A-Bubble™
2014-11-24 20:08:05

Suppose the climate were instead trending towards global cooling. Would this portend an increase or decrease in heavier snowstorms?

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Comment by Whac-A-Bubble™
2014-11-24 20:11:29

To rephrase my question, does any change in the climate portend heavier snowstorms?

 
 
 
 
 
Comment by Ben Jones
2014-11-24 08:13:01

‘By day, Vice-Admiral Timothy Giardina was one of the US Navy’s most senior figures – as deputy head of US Strategic Command, he was number two in command of America’s nuclear arsenal.’

‘But by night, at the Horseshoe casino in Council Bluffs, Iowa, he was known as Navy Tim, a heavy gambler who was accused of making his own $500 poker chips and eventually banned.’

‘The state investigator’s report said a review of surveillance footage revealed other “odd behaviours” by Giardina at the Horseshoe. “Giardina was observed taking cigarette butts out of public ashtrays and smoking them,” it said.’

Comment by Housing Analyst
2014-11-24 08:16:29

There goes little house on the Prairie, the waltons, hot dogs, apple pie and Chevrolet.

 
Comment by Housing Analyst
2014-11-24 08:19:32

And the irony is that dhs can’t manage this most dangerous guy on the planet but thinks they’ll manage the rest of us suspects.

How’s that for distorted gov?

 
Comment by 2banana
2014-11-24 08:21:39

How the hell did he ever keep a security clearance?

Comment by Ben Jones
2014-11-24 08:26:50

“Admiral, satellites show a Russian sub is 1,000 clicks off the coast of Bermuda.”

“I’ve got a $500 chip that says they turn east within the hour.”

“I don’t gamble Sir.”

“Are you going to finish that lollipop? Gimme.”

Comment by 2banana
2014-11-24 08:41:47

Then again - how does someone without a birth certificate get a security clearance?

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Comment by Wittbelle
2014-11-24 09:57:12

Ben, Lol.

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Comment by reedalberger
2014-11-24 11:51:19

“How the hell did he ever keep a security clearance?”

My bet is that he is one of the “right thinking” officers in the military that has escaped the Obama purge.

#FundamentalTransformationOfAmerica

 
 
Comment by rj chicago
2014-11-24 09:23:33

What is a navy guy doing in Council Bluffs?

Comment by Raymond K Hessel
2014-11-24 10:17:53

Strategic Command (STRATCOM) HQ is in Omaha, right across the river in NE.

 
 
Comment by phony scandals
2014-11-24 09:40:05

‘But by night, at the Horseshoe casino in Council Bluffs, Iowa, he was known as Navy Tim, a heavy gambler who was accused of making his own $500 poker chips and eventually banned.’

You’ve got to know when to hold ‘em
Know when to fold ‘em
Know when to walk away
And know when to run
You never count your Warheads
When you’re sittin’ at the table
There’ll be time enough for countin’
When the dealin’s done

 
 
Comment by Whac-A-Bubble™
2014-11-24 08:22:13

The $9 Billion Witness: Meet JPMorgan Chase’s Worst Nightmare
Meet the woman JPMorgan Chase paid one of the largest fines in American history to keep from talking
By Matt Taibbi | November 6, 2014

She tried to stay quiet, she really did. But after eight years of keeping a heavy secret, the day came when Alayne Fleischmann couldn’t take it anymore.

“It was like watching an old lady get mugged on the street,” she says. “I thought, ‘I can’t sit by any longer.’”

Fleischmann is a tall, thin, quick-witted securities lawyer in her late thirties, with long blond hair, pale-blue eyes and an infectious sense of humor that has survived some very tough times. She’s had to struggle to find work despite some striking skills and qualifications, a common symptom of a not-so-common condition called being a whistle-blower.

Fleischmann is the central witness in one of the biggest cases of white-collar crime in American history, possessing secrets that JPMorgan Chase CEO Jamie Dimon late last year paid $9 billion (not $13 billion as regularly reported – more on that later) to keep the public from hearing.

Back in 2006, as a deal manager at the gigantic bank, Fleischmann first witnessed, then tried to stop, what she describes as “massive criminal securities fraud” in the bank’s mortgage operations.

Thanks to a confidentiality agreement, she’s kept her mouth shut since then. “My closest family and friends don’t know what I’ve been living with,” she says. “Even my brother will only find out for the first time when he sees this interview.”

Six years after the crisis that cratered the global economy, it’s not exactly news that the country’s biggest banks stole on a grand scale. That’s why the more important part of Fleischmann’s story is in the pains Chase and the Justice Department took to silence her.

Comment by Whac-A-Bubble™
2014-11-24 08:48:35

I can understand why Chase would take great pains to silence the witness, but why the Justice Department? Wouldn’t they welcome with open arms a witness who is willing to testify against monstrous crimes in high places?

Comment by Blue Skye
2014-11-24 09:34:14

“the Justice Department…”

Isn’t it obvious their boss works for Chase?

 
Comment by Neuromance
2014-11-24 18:13:53

Simple really: http://imgur.com/gallery/XX2aKeF

Holder. Breuer. NY Fed.

 
 
Comment by rj chicago
2014-11-24 09:26:43

Hope she has an armed guard.

 
 
Comment by real journalists
 
Comment by phony scandals
2014-11-24 09:11:38

Have you ever heard of Jonathan Gruber?

No, but I did stay at a Holiday Inn last night.

Biden’s Hotel Bill for Turkey Visit: $625K

Trip lasted only 48 hours

by Jeryl Bier | The Weeky Standarda | November 24, 2014

Vice President Joe Biden just returned Sunday from a three-nation trip that concluded with a 48 hour visit to Turkey.

The vice president, his wife, and his entourage arrived in Turkey via Ukraine Friday evening around 7:30 local time for meetings with President Erdogan and other government officials. Biden departed for Washington, D.C. Sunday after meeting with Patriarch Bartholomew of the Eastern Orthodox Church. The stay in Turkey alone racked up a hotel bill of approximately $624,734.

The notice of the hotel contract was posted online uncharacteristically quickly, appearing on the very day of Biden’s departure from Turkey. The documents called for 200 rooms and one large conference room at the Hilton Harbiye in Istanbul.

Comment by reedalberger
2014-11-24 11:55:46

How many homeless people could be fed? How many of the cold could be warmed?

#LetThemEatCake

Comment by Avocado
2014-11-24 13:05:25

Exactly! How many homeless people could they have (not) fed.

The US flew nearly $12bn in shrink-wrapped $100 bills into Iraq, then distributed the cash with no proper control over who was receiving it and how it was being spent.
The staggering scale of the biggest transfer of cash in the history of the Federal Reserve has been graphically laid bare by a US congressional committee.

In the year after the invasion of Iraq in 2003 nearly 281 million notes, weighing 363 tonnes, were sent from New York to Baghdad for disbursement to Iraqi ministries and US contractors. Using C-130 planes, the deliveries took place once or twice a month with the biggest of $2,401,600,000 on June 22 2004, six days before the handover.

Details of the shipments have emerged in a memorandum prepared for the meeting of the House committee on oversight and government reform which is examining Iraqi reconstruction. Its chairman, Henry Waxman, a fierce critic of the war, said the way the cash had been handled was mind-boggling. “The numbers are so large that it doesn’t seem possible that they’re true. Who in their right mind would send 363 tonnes of cash into a war zone?”

Comment by Scored by CBO
2014-11-24 16:28:42

Neocons do and neocons will not stop until they match liberals one to one on their war counts.

Liberals got

World War I
World War II
Vietnam

Neocons

Iraq war

I know someone will say neocons = liberals or some $hit like that, but neocons will not stop until another world war which will bring the tally much closer.

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Comment by Ben Jones
2014-11-24 16:48:32

‘In a rational political system, the American neocons would be the most discredited group in modern U.S. history. If not in the dock for complicity in war crimes – from Central America in the 1980s to Iraq last decade – they would surely not be well-regarded scholars at prominent think tanks and welcomed as op-ed columnists at major publications.’

‘But the United States doesn’t currently have a rational political system. Instead of being prosecuted or ostracized, the neocons continue to dominate Official Washington’s foreign policy thinking. They and their “liberal interventionist” sidekicks continue to demonize disfavored “enemy” leaders – just as they did in Central America and Iraq – and bait doubters for “weakness” if they don’t climb onboard.’

http://www.commondreams.org/views/2014/11/18/letting-neocons-lead

 
Comment by iftheshoefits
2014-11-24 19:27:03

neocon meddlers
warmenist meddlers
keynsian meddlers

all cut from the same cloth
meddlers gonna meddle

 
 
Comment by tresho
2014-11-24 20:05:00

Who in their right mind would send 363 tonnes of cash into a war zone?”
This was already known in 2004, to anyone who bothered to pay attention. Why the concern now?

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Comment by Selfish Hoarder
2014-11-24 13:14:22

But Biden’s a “progressive” so he can be excused from any criticism.

 
 
 
Comment by phony scandals
2014-11-24 09:31:20

But if they don’t bust into the Homeschoolers houses, shoot the parents with tasers, slap them in the face and threaten to shoot the family dog the kids won’t go to Public School and learn that ‘Rights Are Special Privileges The Government Gives You’.

2nd Grader’s Homework Teaches ‘Rights Are Special Privileges The Government Gives You’

November 16, 2014

Read more at http://libertycrier.com/2nd-graders-homework-teaches-rights-special-privileges-government-gives/#Q5kGaUX7TPiYA8Ag.99
——————————————————————————
Court Rules Violent Raid Against Homeschoolers Unconstitutional

Family tased, assaulted, pepper sprayed

by Kurt Nimmo | Infowars.com | November 24, 2014

A court in Missouri has ruled a raid staged against a homeschooling family in 2011 violated their constitutional rights.

Police entered the home of Jason and Laura Hagan without a search warrant. The couple were shot with tasers and Laura Hagan was slapped in the face by a police officer. Police also threatened to shoot the family dog when the couple refused to cooperate with social service workers. Pepper spray was also used on the couple.

The Hagans were charged with child endangerment and resisting arrest following a previous visit by state officials who claimed their home was messy. The family complied with a first inspection but refused a second, resulting in the police raid.

The Hagans lost custody of their children for months following the raid. The children witnessed the police assault on their parents.

The court ruled the police raid was unconstitutional. “The court will not allow [an] exception to sanction warrantless entry into a private residence by pepper spray and Taser. If the officer had a warrant in hand and such force was necessary, that is a different story, but those are not the facts of this case,” the court stated.

“The Fourth Amendment strikes a carefully crafted balance between a family’s right to privacy and the government’s need to enforce the law,” a report by the Home School Legal Defense Association states. “In most situations, government agents cannot simply force their way into a home. Instead, they must explain to a neutral magistrate why they need to enter the home, and they must provide real evidence to support that need.”

“This rule applies to all government agents. Court after court has agreed that there is no social services exception to the Fourth Amendment.”

“All too often, law enforcement officers and child-welfare workers act as if the Fourth Amendment does not apply to CPS investigations. They are wrong. The Fourth Amendment is a legal shield that protects people from exactly the kind of mistreatment the Hagans endured.”

The Home School Legal Defense Association represented the Hagans in the case.

The report also cited Doriane L. Coleman, a law professor at Duke, who wrote “Storming the Castle to Save the Children: The Ironic Costs of a Child-welfare Exception to the Fourth Amendment.”

Comment by Selfish Hoarder
2014-11-24 13:16:27

but Hitlary said “it takes a village to raise a child”

 
 
Comment by Bring Back the WPA
2014-11-24 09:41:36

Now this is the size of price cut we all want to see!

http://sacramento.craigslist.org/reb/4766438824.html

Comment by Wittbelle
2014-11-24 10:23:29

Dear Lord that is a hideous house. Is that market value on that? How about when there is no water?

Comment by Avocado
2014-11-24 13:07:41

Sacramento River (Google it)

Big rains coming thursday.

 
Comment by oxide
2014-11-24 17:52:29

Speaking of water, is it just me or is the Italian-drug-dealer fountain crooked? And I’m not understanding the weird entryway, the multilevel media room (?) with the office-tile ceiling, or the pig/bull (???) sculpture in the… I think it’s a breakfast nook. Did they build this out of whatever was available at the scrap yard?

 
 
Comment by Puggs
2014-11-24 10:29:11

WHAT. THE. FLIP. Liberace La Quinta??

 
Comment by Anonymous
2014-11-25 23:41:22

If the view is so good, why don’t they post a good panorama photo showing it?

 
 
Comment by real journalists
2014-11-24 10:27:24

A nation of debt junkies becomes a nation of heroin junkies

http://www.businessinsider.com/we-are-witnessing-a-great-american-relapse-2014-11

 
Comment by real journalists
2014-11-24 10:48:59

This article was *NOT* written by real journalists

“Polls indicate the overwhelming majority of whites view illegal immigration as threatening. Many see immigrants as taking jobs from native-born Americans, pushing down wages and contributing to cultural decline.

While many may silently harbor racial bigotry, the adverse economic consequences for whites are real and palpable.”

http://www.breitbart.com/Big-Government/2014/11/23/Morici-Whites-Face-Government-Working-Against-Their-Interests-and-Their-Childrens

If you are offended by the content of this article, perhaps you should stick with the narrative as scripted by:

New York Times
Washington Post
Los Angeles Times
Huffington Post
MSNBC
NPR
PBS

Forward

Comment by Bring Back the WPA
2014-11-24 11:26:00

Not offended. I put more weight into the 2013 CBO report that says immigration reform

- cuts federal budget deficit by $700 billion over 10 years if enacted
- increased GDP due to increased spending by immigrants
- increased wages for all due to above economic growth
- strengthened state budgets and strengthened Soc Sec due to increased revenues

I’ll take objective studies over right-biased or left-biased “journalists” any day

Comment by real journalists
2014-11-24 12:03:22

“objective studies”

‘Mericans are too stupid for that (see also: you’ve been Grubered), they need their narrative scripted for them and handed to them, preferably in a large type font and in words with two or less syllables.

Richard Hofstadter nailed it 50 years ago.

 
Comment by mathguy
2014-11-24 12:11:56

You’re quickly outing yourself as one of the math challenged among the posters here. You’re probably also first on the bandwagon about the recession being over and unemployment being 6%. Strangely, the working class is still suffering. It must be because all those jobs added were low wage and part time. (Look it up yourself).

So yay for adding more low wage part time jobs while killing more high paying full time jobs? Wake up.

 
Comment by Avocado
2014-11-24 13:51:00

+1

 
Comment by Scored by CBO
2014-11-24 16:46:21

Not offended. I put more weight into the 2013 CBO report that says immigration reform

CBO said Iraq war would cost 10 billions dollars or some $hit like that. Can’t believe people are such fools as long as the numbers are fudged to fit their narratives.

 
 
Comment by MightyMike
2014-11-24 11:50:04

I think that I read that very early in the morning. The guy mentions polls. It would have been helpful if he was more specific about the poll results that he was referencing. I posted this last week:

NBC News/Wall Street Journal Poll conducted by Hart Research Associates (D) and Public Opinion Strategies (R). Nov. 14-17, 2014. N=1,000 adults nationwide. Margin of error ± 3.1.

“As you may know, executive orders are actions taken by a president that can put some regulations into effect that do not require Congressional approval. President Obama has said that by the end of the year, he intends to take executive action on immigration. His executive action would stay in place unless or until Congress passed immigration reform legislation to take its place. Do you approve or disapprove of the president taking executive action on immigration, or do you not know enough to have an opinion at this time?” If unsure: “And, I know you said you do not know enough to have an opinion, but if you had to choose do you lean more toward approving or disapproving of the president taking executive action on immigration?”

Approve: 32%
Lean approve: 6%
Lean disapprove: 6%
Disapprove: 42%
Unsure: 14%

“Now, as you may know, there is a proposal to create a pathway to citizenship that would allow foreigners staying illegally in the United States the opportunity to eventually become legal American citizens. Do you strongly favor, somewhat favor, somewhat oppose, or strongly oppose this proposal?”

Strongly favor: 23%
Somewhat favor: 34%
Somewhat oppose: 15%
Strongly oppose: 25%
Depends (vol.)/Unsure: 3%

http://www.pollingreport.com/immigration.htm

Comment by Scored by CBO
2014-11-24 16:49:07

All it says “executive action?” Does it specify what those actions are?

I am sure they will get different results. Then again who copies and pastes idiotic polls again and again?

Comment by MightyMike
2014-11-24 16:57:59

You didn’t look at those two poll results, did you? The first one had more people disapproving of executive action than approving. The point is that a plurality didn’t want the president to act alone, whatever his plans were.

I have posted these poll results again and again. I posted them a second time today because some else posted an article referring to polls on immigration.

And what makes these polls idiotic?

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Comment by MightyMike
2014-11-24 20:48:51

I meant to write, “I haven’t posted these poll results again and again.”

 
 
 
 
Comment by reedalberger
2014-11-24 12:02:32

If a white male, or female for that matter, commits document fraud and identity theft, they become felons and go to prison. Those who enter this country illegally and break those same laws are rewarded with work papers, no deportation and all the accoutrements of our generous welfare state.

So gee, I wonder why whites would have reservations.

#FundamentalTransformationOfAmerica

Comment by Avocado
2014-11-24 13:09:10

This is why O’s plan is brilliant. We get to record the location of 4 mill illegals that are now hiding and being paid under the table.

Comment by Scored by CBO
2014-11-24 16:51:00

Obama’s fart would smell like rose to you. Thanks for showing your intelligence.

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Comment by iftheshoefits
2014-11-24 19:41:08

LOL. The childlike faith of the politically devout is a sight to behold, isn’t it.

 
 
 
Comment by Selfish Hoarder
2014-11-24 13:18:34

Get with the program and pay for the sins of your ancestors.

Comment by real journalists
2014-11-24 16:50:32

Growing up in a working class neighborhood in Fresno = you are the oppressor class, it’s time to give a little back to the Free Sh*t Army

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Comment by Scored by CBO
2014-11-24 16:52:16

I have no problems them invading Texas, Arizona & Cali. It’s their land, we should give it back to them.

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Comment by rj chicago
Comment by phony scandals
2014-11-24 15:09:06

Ferguson Grand Jury Reaches Decision

News conference likely to be held late Monday

by Infowars.com | November 24, 2014
The grand jury empaneled to consider indicting Ferguson police officer Darren Wilson in the shooting of Michael Brown has reached a decision.

From the Washington Post:

News conferences are being prepared by the county prosecutor’s office and the Missouri governor, the sources said. The news conferences will likely come later Monday, but it is uncertain whether either will be used to announce the grand jury’s decision.

The sources gave no indication of whether Wilson, 28, will face state charges in the August shooting death of 18-year-old Michael Brown, which triggered a frank conversation about race and police interaction with African Americans.

Comment by real journalists
2014-11-24 16:16:51

is it ‘go time’ yet?

Comment by Scored by CBO
2014-11-24 16:55:25

It never is. There’s football in telly and Kim Kardashian in the web.

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Comment by rj chicago
2014-11-24 11:16:53

Pulled this from UBS’s Cashin’s comments this morning - This is interesting IF it is true…….

“Incredible If True – There’s a James Bond kind of story rumbling around in Russian circles and is beginning to pop up in the blogosphere. My friend and fellow market veteran, Jim Brown over at Option Investor picked up the story in his weekend note. Here’s a bit from Jim’s note:
In April an unarmed Russian SU-24 tactical bomber flew over the USS Donald Cook in the Black Sea and using an electronic warfare weapon disabled the entire ship. This is important because the Donald Cook is
an Aegis equipped guided missile destroyer. The Aegis weapons system is the most integrated and advanced combat weapons system the U.S. has available.
The ship carries 56 Tomahawk missiles in standard mode and 96 in attack mode and can launch nuclear
missiles. It also has more than 50 antiaircraft missiles. The Aegis weapons system can link to all the other
ships in the area to enable tracking of hundreds of targets in real time. It is also installed on NATO’s most modern ships.
The SU-24 had only an electronic warfare pod and no bombs or missiles. The electronic warfare device is called a Khibiny. The device disabled all radars, control circuits, computer systems, information transmission systems, etc. After the first pass that disabled all fire control the plane circled around and made a simulated missile attack on the destroyer, not once but 12 times before flying away. The Donald Cook immediately headed for a port in Romania for repairs.
Over the years that I’ve known Jim and followed his work, he’s demonstrated himself to be a consummate professional. This story, however, is bizarre enough to be taken with a grain of salt. Large enough to be carried in a wheelbarrow. How could something so dramatic have been kept secret for months? Wouldn’t some of the sailors
have told the story to friends and family?
At any rate, the story is beginning to circulate and forewarned is forearmed. Ain’t the internet wonderful?”

Comment by jane
2014-11-24 19:56:48

If history is a predictor, there’s a germ of truth in there somewhere. Repercussions may have had something to do with Chuck Hagel’s dismissal.

OK, OK - I’ll take my tin hat off now.

 
 
Comment by phony scandals
2014-11-24 15:11:30

Militant Group Threatens “War” in Response to Ferguson Verdict

“We’re going to do wateva the fuk we need & want to do”

by Paul Joseph Watson | November 24, 2014

A militant group that previously offered a cash reward for locating Officer Darren Wilson is threatening to launch “war” on the streets of Ferguson, Missouri if Wilson is acquitted later today.

RbG Black Rebels – a group which describes itself as an “urban militia” – posted a tweet which threatens to activate “war plans” in response to the verdict.

A separate tweet suggests that the group is prepared to go to any lengths to express its fury at the verdict should Wilson walk free.

The group hit the headlines last week when it offered a $5,000 cash reward for information leading to the location of Officer Wilson. “We just wana get his photo an ask him a few questions,” stated the tweet, with the organization insisting it was not putting a bounty on Wilson’s head.

However, in a separate tweet, the group explained that ammunition “will solve a lot of problems.”

Meanwhile, some protesters in Ferguson are threatening to rape and murder the wives and children of police officers in Ferguson.

The announcement of the Grand Jury’s decision on whether to indict Wilson is expected imminently.

Comment by real journalists
2014-11-24 16:56:15

Dr. Dre - The Day The N***** Took Over (1993)

https://www.youtube.com/watch?v=5EJZk7H9-UA

Comment by real journalists
2014-11-24 17:35:30
 
Comment by phony scandals
2014-11-24 18:50:24

VW_Rocket Man.mov - YouTube
http://www.youtube.com/watch?v=zvcLWQrcgtM - 241k -

 
 
 
Comment by phony scandals
2014-11-24 17:17:26

Forgive me Father for I have Warmed

Comment by real journalists
2014-11-24 17:24:38

And if she becomes freed from her affliction, she shall wait seven days, and only then is she to be purified. On the eighth day she shall take two turtledoves or two pigeons and bring them to the priest at the entrance of the Meeting Tent. The priest shall offer up one of them as a sin offering and the other as a holocaust. Thus shall the priest make atonement before the Lord for her unclean flow.

Comment by phony scandals
2014-11-24 17:36:20

Thou shalt not covet thy neighbour’s SUV

Comment by phony scandals
2014-11-24 17:37:42

Thou shalt not bear false witness against Global Warming scientists

(Comments wont nest below this level)
Comment by real journalists
2014-11-24 17:48:42

Of the birds, these you should loathe and, as loathsome, they shall not be eaten: the eagle, the vulture, the osprey, the kite, the various species of falcons, the various species of crows, the ostrich, the nightjar, the gull, the various species of hawks, the owl, the cormorant, the screech owl, the barn owl, the desert owl, the buzzard, the stork, the various species of herons, the hoopoe, and the bat.

 
Comment by phony scandals
2014-11-24 17:54:46

“and the bat.”

The Fruit Bat?

 
Comment by tresho
2014-11-24 20:08:24

“and the bat.”

The Fruit Bat?

All the bats, including the ones in your belfry

 
 
 
 
Comment by phony scandals
2014-11-24 17:40:43

Comment by 2banana
2014-11-24 08:19:19

It really is a religion - except with even less logic

Comment by real journalists
2014-11-24 17:54:02

You shall not have intercourse with your sister, your father’s daughter or your mother’s daughter, whether she was born in your own household or born elsewhere. You shall not have intercourse with your son’s daughter or with your daughter’s daughter, for that would be a disgrace to your own family.

 
 
 
Comment by real journalists
2014-11-24 18:36:00

Region VIII checking in

 
Comment by real journalists
2014-11-24 19:24:20

Got 7.62×39?

FERGUSON, Mo. — A white police officer will not face charges for fatally shooting an unarmed black teenager in a case that set off violent protests and racial unrest throughout the nation, an attorney close to the case said Monday night.

A St. Louis County grand jury declined to indict officer Darren Wilson, 28, for firing six shots in an August confrontation that killed 18-year-old Michael Brown, said Benjamin Crump, an attorney for the family. The decision had been long awaited and followed rioting that resembled war-zone news footage in this predominantly black suburb of St. Louis.

“The jury was not inclined to indict on any charges,” Crump said after being informed of the decision by authorities. Prosecutors scheduled an news conference to announce the decision.

http://www.usatoday.com/story/news/nation/2014/11/24/ferguson-grand-jury-deliberations/19474907/

Comment by Whac-A-Bubble™
2014-11-24 19:46:08

Lots of folks who were not in the courtroom and who have no direct knowledge of the evidence have nonetheless summarily concluded the verdict to be wrong.

 
 
Comment by real journalists
2014-11-24 19:40:06

and remember, whitey, don’t get reginald denney’d tonight, lolz

Comment by phony scandals
2014-11-24 19:58:40

The Emperor will speak at 10 pm

 
Comment by Whac-A-Bubble™
2014-11-24 23:33:12

This situation is a godsend to the real journalists.

 
 
Comment by phony scandals
2014-11-24 20:04:35

It seems they just figured it out and it appears to be go time in Ferguson.

Comment by phony scandals
2014-11-24 20:06:07

Shots fired.

Where the hell is Michael Bloomberg when you need him?

 
Comment by Whac-A-Bubble™
2014-11-24 22:50:54

All hell is breaking loose.

Comment by Whac-A-Bubble™
2014-11-24 22:53:24

Fires, chaos erupt in Ferguson after grand jury doesn’t indict in Michael Brown case
Posted: Nov 23, 2014 9:04 PM PST
Updated: Nov 24, 2014 9:34 PM PST
By Moni Basu, Holly Yan and Dana Ford CNN

FERGUSON, Missouri (CNN) — The announcement of a grand jury’s decision not to indict Ferguson police Officer Darren Wilson in the shooting death of Michael Brown was met with chaos Monday night and early Tuesday morning.

[Breaking news update at 12:24 a.m.]

An entire row of businesses are now on fire on West Florissant Avenue, a major street in Ferguson, Missouri. There are so many fires in the city that firefighters haven’t been able to reach all of them, CNN’s Sara Sidner said.

[Breaking news update at 12:12 a.m.]

St. Louis’ main airport has a temporary flight restriction, according to a tweet from Lambert-St. Louis International Airport. The restriction is for incoming flights, not outgoing, according to the airport message.

“It is affecting just a handful of remaining flights that are due in,” spokesman Jeff Lea told CNN.

[Breaking news update at 11:48 p.m.]

Several more businesses are being looted or set on fire in Ferguson, Missouri. Meanwhile, protesters have shut down Interstate 44. Police officers are now standing in a line across highway lanes.

[Breaking news update at 11:33 p.m.]

A Little Caesars pizza restaurant has been set ablaze as chaos continues to mount throughout Ferguson, Missouri.

“What is so tragic is this is exactly what the parents of Mike Brown did not want,” CNN commentator Van Jones said.

[Breaking news update at 11:23 p.m.]

Officer Darren Wilson told a grand jury that Michael Brown punched him in the face when he drove back to him after identifying him as a possible suspect in a shop theft, according to documents released by St. Louis County Prosecuting Attorney Robert McCulloch.

He said he tried to get out of his cruiser, but Brown slammed the door shut twice and hit him with his fist.

I felt that another of those punches in my face could knock me out or worse,” Wilson said. “… I’ve already taken two to the face and I didn’t think I would, the third one could be fatal if he hit me right.

It appears all the names of witnesses have been redacted in the court documents.

 
 
 
Comment by tresho
2014-11-24 20:10:43

Free houses in Detroit: Fannie Mae gives Detroit 44!
Detroit — Fannie Mae is giving Detroit 44 of its foreclosed houses, along with $15,000 apiece for 18 of the properties that need to be demolished.

The deal with the Detroit Land Bank, announced Monday, is the first group of surplus foreclosed properties Fannie Mae plans to give Detroit. The goal is for most to be sold to qualified buyers who can rehabilitate them and the rest be demolished.

The Detroit Land Bank is now in negotiations with several other banks to broker similar deals for their vacant foreclosed houses.

“This deal with Fannie Mae is a very important piece of the Detroit Land Bank’s larger strategy to stabilize neighborhoods through our auction program, demolition, and side lot sales,” said Detroit Land Bank Authority Kevin Simowski said.

 
Comment by Whac-A-Bubble™
2014-11-25 01:00:24

What makes people feel like the smart thing to do is to burn down their own neighborhood?

Comment by Whac-A-Bubble™
2014-11-25 01:04:39

I heard the mayor of Dellwood, a neighboring community to Ferguson, complaining in an interview that the National Guard hadn’t stepped in to stop the looters from burning down businesses. Seems law enforcement can’t win in a place like this, as they are damned if they try to enforce the law, and damned if they stand back and let the outlaws run amok.

 
 
Comment by Avocado
2014-11-25 17:34:01

Protests all over the country, but none in Idaho.

 
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