November 28, 2014

Bits Bucket for November 28, 2014

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




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117 Comments »

Comment by Jingle Male
2014-11-28 02:13:10

Heading out for a long hike in the Sierra Foothills to work off all the delucious food I ate yesterday. I stayed home this year, but people shared that traffic was heavy.

I wonder if miles driven in the US will pass 2007 metrics this year? One more sign of economic recovery.

Comment by CharlieTango
2014-11-28 04:43:42

Careful its dark out, isn’t it raining in the foothills today?

Comment by Jingle Male
2014-11-28 08:00:24

No rain this morning. It should be a beautiful day to hike. The rain moves in tonight and then it should let loose for about a week. Expecting 2″ in the valleys and up to 10″ in the foothills over the week. Bring it on God…..we need a drought buster.

Comment by rms
2014-11-28 08:20:15

“Bring it on God…we need a drought buster.”

California’s unsustainable water crisis
http://www.youtube.com/watch?v=ZP-_T8tuYkc

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Comment by Mr. Banker
2014-11-28 09:44:22

“Bring it on God…we need a drought buster.”

Sorry, but I’m a bit busy today. Perhaps I will look into the matter tomorrow, or maybe next week at the latest.

In the meantime be sure to keep up with your monthly payments to the bank if you have any to make.

If you do not have monthly payments to make to the bank then rush on down to your local bank branch the moment it opens and BORROW SOME MONEY.

Borrow it and then spend it and, thanks to you and thanks to me, all the starving children of the world will be saved.

 
 
 
 
Comment by Housing Analyst
2014-11-28 06:30:16

“I wonder if miles driven in the US will pass 2007 metrics this year? One more sign of economic recovery.”

Maybe. But remember this gem of wisdom. “A ‘housing recovery’ is falling prices to dramatically lower and more affordable levels by definition.”

Comment by Jingle Male
2014-11-28 08:01:59

We understand that is your definition.

We also understand you need to post it every day. You are so tedious. I wish you could think of some new stuff to post.

Comment by Housing Analyst
2014-11-28 08:04:51

That is the markets definition Jingle_Fraud. Have fun arguing with it.

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Comment by Shillow
2014-11-28 08:11:22

The entire economy/media/political establishment is dead set against acknowledging it, and will lie and spin and shill day in and day out. But him posting facts and links to actual data charts is a problem?

You got bigger problems, like the fact that prices have started back down again after a big unsustainable runup driven by speculators over the last couple of years.

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Comment by Jingle Male
2014-11-28 09:30:47

Shillow,

I was referring to his definition of a recovery. His definition, which is meaningless and which he needs to post over and over.

Now that you mention it though, when him [sic] posts facts and links…

…..they often counter his argument the market is cratering. He doesn’t use any analysis before he posts. HA just adds meaningless dribble. HA is a joke.

I do understand the market is changing and the prices rapidly increased in 2002 & 2013. Markets change all the time. HA says real estate has been overpriced and due for a crash since 1988. Dribble. My mom quit buying bananas when they went over $.05/pound. The only result was she never at a banana again.

The markets go up and down all time. Get over it. Get on with your life. People listening to HA lost a beautiful opportunity to buy low in 2009 & 10. He does many people a disservice. I just like to point that out, along with his incessantly stupid posts.

 
Comment by Housing Analyst
2014-11-28 09:41:00

Whether you agree with the markets definition of a “housing recovery” doesn’t change the definition.

I think you need to step up to your wild claims of being a contractor, $90k water meters, $50k building permits and your crumbling real estate empire.

Go!

 
Comment by Shillow
2014-11-28 11:26:37

The markets go up and down all the time? Like since 2012? Cmon, never before like that other than the most bubbly times. The disservice is anyone not calling it out for what it is.

 
 
 
 
Comment by goon squad
2014-11-28 06:40:14

this message is sponsored by the national association of realtors

Comment by scdave
2014-11-28 09:21:12

Or the National Association of morons depending on which blog post you are reading….

Comment by Housing Analyst
2014-11-28 19:52:43

DepreciationDave; Jingle_Fraud. It’s all good.

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Comment by Guillotine Renovator
2014-11-28 14:41:14

How quaint- heading out for a hike at 2:00am. I’m calling major BS.

Comment by Housing Analyst
2014-11-28 16:14:23

It was Jingle_Frauds poorly thought out attempt to pimp the hellhole that is CA.

Comment by Guillotine Renovator
2014-11-28 17:44:03

Yes, a poor attempt to segue into real estate pimp mode. And yes, there are some truly awful areas of CA, like the entire central valley, Inland Empire, and much of the southern state, but there are also some awesome areas which I love.

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Comment by Jingle Male
2014-11-28 17:05:35

We left at noon and just returned. Why would I go hiking at 2:00 AM? It was a beautiful day, 65′, sunny and bright. Now it’s time for my nap….since I was up in the middle of the night blogging

Comment by Guillotine Renovator
2014-11-28 17:45:46

Maybe because you typed at 2 am that you were heading out? And, if you left at noon that was hardly a hike.

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Comment by Jingle Male
2014-11-29 06:44:45

Six miles round trip. It was a hike and it worked for me.

Now: let it rain, let it rain, let it rain…..

 
Comment by Housing Analyst
2014-11-29 08:16:18

At 2am?

You’re a fraud.

 
 
Comment by Housing Analyst
2014-11-28 18:37:01

The pimping not so productive here eh Jingle_Fraud?

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Comment by tresho
2014-11-28 04:48:19

A showdown in Brook Park Ohio between cash-strapped local government and public employee unions
When the need for governments to rethink the way they serve taxpayers collides with the interests of organized labor — particularly safety forces — public discourse between the two turns ugly.
At age 65, one year after resurrecting his career in a remarkable election that saw voters return him to an office he held earlier for 20 years, Mayor Tom Coyne is back doing what he’s always done best: driving an agenda of change that sometimes rattles powerful vested interests.

This time, Coyne has picked the biggest fight of his long career. It’s a fight few expect him to win, but one that probably every single mayor in Ohio will be hoping he does — even though few, if any, will have the courage to say so publicly.

Coyne’s stated stance is that he’s “studying the possibility” of asking council to privatize the city’s ambulance service, a function now performed by the city’s 33-member fire department. As someone who’s known him 41 years, allow me to translate:

It’s already been studied. Coyne will now try to do it.

Privatization would save the city at least $500,000 a year. It would also cost as many as a dozen firefighters their jobs. That’s why nearly 200 firefighters from departments as far away as Columbus and Sandusky protested the privatization possibility at City Hall prior to council’s Nov. 18 meeting.

In Coyne’s first stint as mayor, Brook Park was awash in cash. But the 2008 recession hammered his hometown. Foreclosures dragged down city neighborhoods, nearly 5,000 jobs at the Ford plant disappeared, and the state made deep cuts to local government funding.

Brook Park’s Rainy Day fund is now nearing empty, leaving the city facing a 2015 revenue shortfall of between $1.5 and $3 million.

In August, Coyne asked voters to approve two tax increases to help balance next year’s budget. Both were overwhelmingly rejected. Coyne rightly interpreted the election result as an order from voters to cut costs. Now, with organized labor preparing for a showdown, Coyne is marshaling his arguments:

“Once again, what you have here is the union trying to control the town. The firefighters union has had a stranglehold politically on Brook Park for 30 years. Now they’re playing the safety card, the fear card. It’s just like the race card.

“This a union town. It used to have tremendous resources. But folks right now are out of work. They’re not going to subsidize things anymore.”

If Coyne has changed, Brook Park has changed even more. The city that not long ago was awash in cash, the one that provided world-class services, is now a struggling inner-ring suburb.

But Brook Park is hardly alone. Absent dramatic change — namely, regionalism, privatization or gigantic tax increases — sometime in the next quarter century, communities across Northeast Ohio will either go broke or be forced to make service cuts so deep no one will want to live there.

That’s a fact, not a prediction.

Facts are for little people.

Comment by goon squad
2014-11-28 06:52:23

you can stick a fork in cuyahoga county, because it’s done

 
Comment by Shillow
2014-11-28 08:12:44

When will these budgets and pensions explode? They seem to keep borrowing and pushing it out.

 
Comment by MacBeth
2014-11-28 08:17:03

I wonder how much those poor, poor firefighters make every year.

I wonder how many fires each puts out annually.

What do they do with the rest of their time?

As I’ve stated here before, firefighters are way overpaid. Fire doesn’t seek them out. Fire is not purposefully trying to harm them.

Tell that to a cop.

Comment by Tarara Boomdea
2014-11-28 12:50:38

youtube xtranormal animation (bad language)
Fire Hero Gets Schooled
Uploaded on Sep 17, 2010

Wake up California. You are being screwed by the public unions in this state. Don’t buy the propaganda from the unions. If you see a Fireman in a political commercial, all they want is your money, vote the opposite.

 
 
Comment by 2banana
2014-11-28 09:03:08

Public unions are evil.

They will literally tax you out of your paid off home home and send another public union goon with a gun to kick you out of your home.

Not even the worst corporation will do that

 
 
Comment by azdude
2014-11-28 05:34:00

I’m heading out to walmart and target to find another flatscreen for my bathroom.

Comment by goon squad
2014-11-28 06:50:46

‘another flatscreen for my bathroom’

i’m sure you spend alot of time there if you’re as full of sh*t as your posts here are

Comment by Housing Analyst
2014-11-28 06:58:46

lolz^

 
Comment by Jingle Male
2014-11-28 08:06:24

+ #2

I was going to say + #1, but evidently you think azdude is sitting down.

Comment by oxide
2014-11-28 08:49:57

Just get two flatscreens, one for each wall, to cover all your bases.

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Comment by Jingle Male
2014-11-28 09:32:50

+ #1
+ #2

all bases covered. +3 for Oxy.

 
 
 
 
 
Comment by Whac-A-Bubble™
2014-11-28 05:54:54

What happened to oil prices last night? They were off 7.5 pct when I turned in.

Comment by azdude
2014-11-28 06:09:28

Time for the PPT to step in and halt the slide so the frackers dont go bankrupt?

Comment by oxide
2014-11-28 08:06:48

The PPT clique doesn’t get along with the Oil clique, and therefore has no sway whatsoever. The last quote from the Russian is an eye-opener:

OPEC’s contentious decision to keep its production target, leaving the market with a supply glut, could trigger a wave of debt defaults by U.S. shale oil producers, warn analysts.

The 12-member oil cartel on Thursday said it would stick to its output target of 30 million barrels a day, triggering a sharp decline in oil prices, with U.S. crude futures tumbling nearly $6 to $67.75 on Friday – the lowest since May 2010.

…“While production growth is very strong [in North America], remember if you look at the debt situation for a lot of these companies, there is a lot of distressed debt,” said Beveridge.

…Small companies that have levered up to fund exploration and production will see their margins squeezed with bankruptcy “a distinct possibility,” Ivan Rudolph-Shabinsky, portfolio manager of credit at AllianceBernstein, wrote in a blog post this week.

“Companies involved in exploration and production—known as ‘upstream operations’—are vulnerable simply because they’ve earmarked too much capital for production. While fracking has helped increase capacity, the cost of developing production capabilities isn’t likely to be fully recovered,” Rudolph-Shabinsky said.

…Following the OPEC’s production policy decision, Russian oil tycoon Leonid Fedun, vice president and board member at the country’s second-largest oil company OAO Lukoil, warned of a similar risk.

In 2016, when OPEC completes this objective of cleaning up the American marginal market, the oil price will start growing again,” Fedun said, as quoted by Bloomberg. “The shale boom is on a par with the dot-com boom. The strong players will remain, the weak ones will vanish,” he said.

http://nbr.com/2014/11/28/will-opec-bankrupt-us-shale-producers/

—————

Same as any industry. Use your monopoly to temporarily drop prices to crush competition, jack prices back up.

Comment by Jingle Male
2014-11-28 08:13:34

That is terrible. How and where do you suppose the Saudi’s came up with such outrageous behavior?

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Comment by oxide
2014-11-28 08:51:53

Jack Welch and the Walton Family.

 
Comment by oxide
2014-11-28 11:02:36

And it just occurred to me that OPEC made its decision on Thursday. I wonder if they did that intentionally, knowing full well that everyone in America had Thursday off.

 
 
Comment by MacBeth
2014-11-28 08:21:57

“Same as any industry. Use your monopoly to temporarily drop prices to crush competition, jack prices back up.”

This time it really is somewhat different.

Consider the notion that there is considerable fracking infrastructure already in place in the USA. Capital outlays to jack fracking back up will be considerably lower going forward.

OPEC may be able to jack prices back up in the future…but not to the extent that they have in the past. If they try it, any offline companies could easily go “on line” again.

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Comment by MacBeth
2014-11-28 08:23:36

Losers in this scenario include not only the oil companies, but Enviro-Nuts as well.

 
Comment by oxide
2014-11-28 08:48:56

I don’t disagree, but it’s clear that OPEC and Russia are winning at the moment. During the time when the small indebted producers default, infrastructure is transferred, and the stronger wells lay dormant waiting for oil prices to catch up, the field will be tipped toward Russia and OPEC. They’ll have nice profits for a while, certainly long enough to pocket a nice bonus for Christmas 2015.

 
Comment by SUGuy
2014-11-28 11:35:14

“They’ll have nice profits for a while, certainly long enough to pocket a nice bonus for Christmas 2015”

In the construction industry we had noticed that after the construction industry tanks, the weak construction companies go bankrupt. There is a lag time of 4 to 5 years after the market recovers before the bankrupt competitors decide to move back into the market again.

In the meantime the remaining players get a few good profitable years without much competition. We saw contractors sell their boats and tools from the back of their pickup trucks in the last bust.

Btw we will be talking to the architect’s in Feb 2015 and if they do not have housing plans to look at then you can expect a dismal year for the concrete guys to start pouring foundations in spring. I am guessing that will be the case again this years.

Once burnt twice shy

 
Comment by Guillotine Renovator
2014-11-28 18:06:43

“We saw contractors sell their boats and tools from the back of their pickup trucks in the last bust.”

And, no doubt, the trucks themselves. You couldn’t hardly give a one ton diesel pickup away in 2008. Six years later and the prices are absolutely outrageous, with demand outstripping the supply. If the oil patch tanks, these guys who are hoarding 3 and 4 trucks each will be competing with each other to unload them.

 
 
 
 
Comment by Whac-A-Bubble™
2014-11-28 06:16:50

Metals Stocks
Gold prices drop sharply as Swiss referendum nears
By Barbara Kollmeyer
Published: Nov 28, 2014 8:05 a.m. ET
Citi analyst goes on tirade about gold’s value
One way or another the weekend Swiss vote is going to affect gold.

MADRID (MarketWatch) — Gold prices took a dive on Friday as the market geared up for what could be the metal’s own OPEC moment — when Switzerland will vote on whether its central bank should hold more gold and bring back its other gold reserves held in places like Canada and the U.K.

All commodities were getting hammered Friday, with crude oil prices plunging to levels not seen since May 2010 after OPEC decided to leave its production levels unchanged.

December gold (GCZ4, -1.00%) fell $14.70, or 1.2%, to $1,181.90 an ounce, while silver (SIZ4, -3.22%) slid 58 cents, or 3.5%, to $16.04 an ounce. U.S. markets took a holiday on Thursday, and trading will close early on Friday in at the Chicago Mercantile Exchange.

The result of the Swiss vote is expected at 1 p.m. local time on Sunday (7 a.m. Eastern). Latest polls show support is fading for that “Save our Swiss Gold” campaign. If the ‘Yes’ camp wins, gold will see an initial jump in prices, said Kathleen Brooks, research director at FOREX.com.

 
Comment by Whac-A-Bubble™
2014-11-28 06:20:44

I honestly can’t remember when the commodities matkets were as exciting as currently for quite some time. There were similar collapses in prices around 1980, I believe.

Comment by Guillotine Renovator
2014-11-28 16:57:59

I don’t think there’s ever been a time in history with such price action; obviously the result of a full-throttle QE policy from the Fed which encouraged rampant speculation in commodities.

Comment by Whac-A-Bubble™
2014-11-28 17:17:14

Today’s action was a doozie…gold down by over 2pct and oil by 10pct. How much lower can oil drop before fracking junk bonds blow up?

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Comment by Guillotine Renovator
2014-11-28 18:07:51

I don’t know, $10 per barrel? Bwahahahahahahahahaha!!!!

 
 
 
 
Comment by Guillotine Renovator
2014-11-28 14:53:00

Oil prices are finally starting to reflect the massive glut of crude oil on the market. Prices were above $100 for months and months based upon speculators, market manipulation, and bogus news items. There is going to be an epic bust in the oil patch.

Comment by whirlyite
2014-11-28 19:06:14

It’s been stirring beneath the surface for some time in the oil patch services sector.

 
 
 
Comment by azdude
2014-11-28 06:31:24

What kind of assets do you think the 21 primary dealers have loaded up on when uncle FED electronically credits their accounts to pay for treasuries and mbs? Some is excess reserves but where is the other currency?

Seems like politicians have an open checkbook when they can basically borrow as much money they want from uncle FED through selling treasuries. Will interest rates ever go up because that would create less borrowing as the cost to service the debt rises?

Can you theoretically keep this shell game going forever when you can basically sell more treasuries to pay off ones that mature?

Is there a limit to the central bank balance sheet?

Comment by SUGuy
2014-11-28 11:56:58

This game will change when the dollar supply exceeds the need for dollars as the major world economies are getting smart and moving away from the use of dollars for their trades with each other.

Supply and demand

The long-term shift in the centre of economic of gravity has moved from west to east. Emerging markets are the growth economies of the world and the BRICs (Brazil, Russia, India and China) are leading this charge. The most recent World Economic Outlook report by the International Monetary Fund (IMF) found that the seven largest emerging markets are now bigger, in gross domestic product terms (in purchasing power parity terms), than the combined GDP (ppp terms) of Canada, France, Germany, Italy, Japan, the UK and the US.

During the last BRICS Summit in July 2014, the group agreed on a New Development Bank (NDB) as an alternative to the World Bank and the IMF. This will enable less dependence on Western institutions, leading to increased trade flow between these emerging markets. The NDB will almost certainly use the renminbi, rather than the dollar, as the currency to disburse development funding. While the renminbi is unlikely to become the new global reserve currency in the immediate future, the wheels are certainly in motion.

With other BRICS on its side, Russia’s decision to shift away from the US dollar will not leave it isolated. In fact, it will cement Russia and China as close allies and help maintain co-operation with Latin America and Asia-Pacific countries. More importantly, it will allow Russia to sign new deals with these emerging markets, despite any current or potential Western sanctions.

http://blogs.ft.com/beyond-brics/2014/10/22/guest-post-russias-shift-away-from-us-dollar-is-welcome/

 
 
Comment by goon squad
2014-11-28 06:47:52

because warmists gonna warm

‘university of colorado students concerned about climate change are pushing regents to purge fossil fuels from cu’s $1.4 billion investments portfolio.

‘it’s wrong to wreck the climate,’ cu-boulder organizer franky navaratte said. ‘it’s wrong to profit from that. we think our regents ultimately will want cu to be on the right side of history.’

http://www.denverpost.com/environment/ci_27024156/cu-students-push-climate-purge-fossil-fuels-from

Comment by oxide
2014-11-28 08:08:33

Oil companies don’t need investor cash if they can just borrow the capital they need.

 
Comment by MacBeth
2014-11-28 08:27:04

How many Boulder college students have their own car?

How many of their parents walk to work?

How many of either walk to Denver for a night on the town?

Comment by goon squad
Comment by In Colorado
2014-11-28 10:29:39

Does this mean I’ll be able to get a table at Frasca?

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Comment by goon squad
2014-11-28 10:54:32

“Frasca”

A public service announcement to the millennial twits of the East Coast and West Coast who are considering moving to Colorado, if you are a foodie, do NOT move here.

The “food culture” in Colorado is nothing special, it is not any different than Columbus, OH (I lived there for 8 years), it is the same bad food as the Midwest except most people here just have the discretion to eat less of it.

 
 
 
Comment by In Colorado
2014-11-28 10:27:15

How many Boulder college students have their own car?

How many of their parents walk to work?

How many of either walk to Denver for a night on the town?

The “poor” ones drive a Nissan Leaf.

The “rich” ones drive a Tesla.

;-)

Comment by Prime_Is_Contained
2014-11-28 12:49:19

And tell themselves what a great thing they are doing for the environment.

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Comment by Guillotine Renovator
2014-11-28 18:38:00

I like to bring up the toxic waste discussion with these types.

 
 
 
 
 
Comment by goon squad
2014-11-28 07:13:20

because michael bloomberg can go f* himself

‘magpul industries, the erie-based gun magazine maker that decided to move out of colorado because of strict new gun laws adopted here in 2013, will finally complete the move of its operations to wyoming and texas next year.’

http://www.bizjournals.com/denver/news/2014/11/26/magpul-officially-gone-from-colorado-in-q1-2015.html

Comment by Ryan
2014-11-28 08:21:47

Big Brother is inching closer to having what he needs for a full-on police state.

Comment by MacBeth
2014-11-28 08:28:38

Yes. Guns or no guns.

 
Comment by reedalberger
2014-11-28 08:51:03

The IRS’s involvement in Obamacare enforcement sounds a little scary.

#FundamentalTransformationOfAmerica

 
 
Comment by SUGuy
2014-11-28 12:29:48

Journalist Accosted By Security Over Mayor Bloomberg Gun

http://www.youtube.com/watch?v=RCC-rEx81PE

 
 
Comment by goon squad
2014-11-28 07:22:06

this is the best lolz of the day

plot to get justice for michael brown by blowing up st louis arch thwarted

‘the men wanted to acquire two more bombs, the sources said, but could not afford to do it until one suspect’s girlfriend’s electronic benefits transfer card was replenished.’

http://m.stltoday.com/news/local/crime-and-courts/alleged-plot-included-bombing-gateway-arch-killing-st-louis-county/article_69ddd938-e763-55c1-9c1c-3306725f941e.html?mobile_touch=true

Comment by Guillotine Renovator
2014-11-28 18:39:32

There needs to be a massive culling of the free shit army.

 
 
Comment by goon squad
2014-11-28 07:26:20

maybe this explains why hunter s thompson was such a big football fan, because all the nfl players are as strung out as he was, lolz

http://www.washingtonpost.com/sports/two-former-nfl-players-decribe-prescription-drug-practices/2014/11/27/6cfb8768-768c-11e4-bd1b-03009bd3e984_story.html

Comment by Shillow
2014-11-28 07:40:38

Half the regular population is strung out on some kind of drugs, opiates, antidepressants, mood stabilizers, pot, booze, whatever. The irony is all this anti-steroid fervor actually makes needing pain pills more likely because the body cannot recuperate and heal from the physical abuse and injury as easily as it could with steroids.

 
Comment by Jingle Male
2014-11-28 08:18:28

Wow, biting the hand that feeds you…..

Comment by Jingle Male
2014-11-28 08:22:06

oops, meant to post under the St. Louis Arch bomb plot in response to this…

“….could not afford to do it until one suspect’s girlfriend’s electronic benefits transfer card was replenished…”

Comment by oxide
2014-11-28 09:27:34

What are the restrictions on EBT and SNAP? You can’t buy toilet paper with SNAP but you can buy materials?

Or maybe they needed to wait for SNAP to pay for food, thus freeing up other cash for the materials.

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Comment by Jingle Male
2014-11-28 11:24:52

…or they buy food and resell it to raise cash for more pipes to make bombs…..pathetic.

 
 
 
 
 
Comment by goon squad
2014-11-28 08:09:59

Linked from Business Insider

The 5 Worst States for LGBT People

1) Mississippi
2) Alabama
3) Texas
4) Louisiana
5) Michigan

http://www.rollingstone.com/politics/news/the-5-worst-states-for-lgbt-people-20141124

Comment by Jingle Male
2014-11-28 08:20:22

Some of the poorest states in the nation…..

 
Comment by Housing Analyst
2014-11-28 08:31:19

None of those are as impoverished as CA…. land of fruits and nuts where the fruits are a little nutty and the nuts a little fruity.

“California Most Impoverish State In The US”

http://en.wikipedia.org/wiki/List_of_U.S._states_by_poverty_rate

Comment by rms
2014-11-28 08:44:27

The 49’s let me down last night. :(

Comment by Housing Analyst
2014-11-28 08:46:08

Great QB, great RB. I don’t get it.

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Comment by goon squad
2014-11-28 09:26:57

“land of fruits and nuts”

San Francisco: High Tech, Low Hygiene

“Officials for years have been hammered with complaints about the fact that only 58% of residential sidewalks and 55% of commercial sidewalks in San Francisco pass the city’s zero tolerance policy for feces, condoms and hypodermic needles.

The Department of Public Works has been showing up each morning at 4:30 a.m. with a battalion of street sweepers, steam cleaners, green machines and alley crews to police and disinfect the sidewalks and gutters. But the next morning, the filth is back.”

http://www.breitbart.com/Breitbart-California/2014/11/27/SF-High-Tech-and-Bad-Hygiene

Comment by Housing Analyst
2014-11-28 09:45:39

^That’s California^

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Comment by iftheshoefits
2014-11-28 15:51:57

Adds a new angle to the old phrase “everyone wants to move here”….

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Comment by 2banana
2014-11-28 09:06:39

Some of the most free states of the union

Comment by Jingle Male
2014-11-28 09:34:58

great point.

 
 
 
Comment by Selfish Hoarder
2014-11-28 08:35:47

HSBC and Government Sux rigged Platinum and Palladium prices for years, lawsuit says

http://www.bloomberg.com/news/2014-11-25/hsbc-goldman-rigged-metals-prices-for-years-suit-says.html

 
Comment by reedalberger
2014-11-28 08:46:09

Let’s be careful out there.

http://blackfridaydeathcount.com/

#BlackoutClowardAndPiven
#NotOneMoreCommunistRentAMob

 
Comment by Dudgeon Bludgeon
2014-11-28 08:47:20

Uber considers itself a “tech” company that will be soon valued at 40 billion dollars. 100% IP for 40 billion dollars.
LOL.

Comment by 2banana
2014-11-28 09:08:09

No bubble here folks - move along.

Wonder what their insane P/E will be?

Comment by Jingle Male
2014-11-28 09:36:22

it will be……..

based on 2016 “revenue”.

 
 
 
Comment by palmetto
2014-11-28 09:19:08

I actually watched this video all the way through, absolutely fascinating. Why you should never, EVER talk to the po’leece.

http://www.zerohedge.com/news/2014-11-27/5th-amendment-why-law-professor-says-dont-talk-police

He gave equal time to a cop who verified that everything the professor said was true.

Comment by Selfish Hoarder
2014-11-28 14:40:54

Yes I watched most of it and posted it to my passive “I am a sheep” friends.

It is also useful to read up on “stop and identify” on Wiki. Even in your state, Florida, or any other stop and identify state, if you have not been reasonably suspected of committing a crime you are not required to provide identification. A cop might ask you at a traffic stop. He has a right to ask, but that does not mean you must say yes. If they hold you, ask them if you are being detained. If they say no then do not present your Id. You can say “I don’t want to talk to you.” And walk away calmly. But don’t run.

I spend most of my time in California. It is not a stop and identify state. They have no right to obtain my ID.

Comment by Tarara Boomdea
Comment by Selfish Hoarder
2014-11-28 17:42:05

Thanks. I reposted this to my flock of sheople.

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Comment by palmetto
2014-11-28 09:23:00

Black Friday shopping photos. Even some from the UK and Brazil.

http://www.zerohedge.com/news/2014-11-28/2014-black-friday-frenzy-america-goes-shopping-photos

Comment by rms
2014-11-28 13:12:10

Gawd’s petrodollar enables our consumerism.

Comment by azdude
2014-11-28 14:28:36

I thought the saudis were tryn to bankrupt russia and now it appears they could bankrupt frackers.

 
 
 
Comment by palmetto
2014-11-28 11:45:49

On this day after Thanksgiving, I reflect on how deeply I despise the MSM in general, for hyping war, conflict, murder, mayhem and perversion, with a vicious little veneer of political correctness.

May those in the MSM who have participated in the above experience the deep agony they’ve inflicted on others. That’s my brotherly love Christmas prayer for these monsters.

Comment by azdude
2014-11-28 13:14:33

get out there and buy some imports so they have money to buy treasuries so people get their food stamp checks!

 
Comment by goon squad
2014-11-28 13:23:25

+1

real journalists suck

 
 
Comment by phony scandals
2014-11-28 13:49:46

Teardown trend back up in Greenwich

Robert Marchant
Published 8:52 pm, Thursday, November 27, 2014

After years of decline, the number of teardowns is headed up again.

According to figures compiled by the Greenwich Building Department, the number of demolition permits issued by the town broke the 100 mark last fiscal year for the first time since 2007-08. The peak of the demolition trend came in 2005-06, when the town issued 192 demolition permits. The town first started compiling records on residential tear-downs in 2000.

The motivation behind the tear-down trend is largely a reflection of consumer preferences for housing design, notes Greenwich real-estate executive Mark Pruner.

“People these days want a different type of home,” notes Pruner, and it’s not the kind of house their parents or grandparents lived in.

“Colonial styles are very popular. But what people want is a more open floor plan, with a large family room, or great room, where you can watch the kids while making dinner. People want higher ceilings, they want color and wood paneling is not favored as much,” said Pruner, of Berkshire Hathaway HomeServices.

That means that many of the older homes in existence, from the 1920s, 1930s and 1940s when Greenwich developed into a modern suburb, are not in great demand as residences by affluent house-hunters.

The land they sit on, however, is highly valuable. The average cost of constructing a new house is over $3 million.

http://www.greenwichtime.com/…/article/Teardown-trend-back-up-in-Greenwich-5921921.php - 143k -

 
Comment by Raymond K Hessel
2014-11-28 14:43:26

A sharp pullback in crude oil prices from a $147 peak preceeded the 2008 crash, as I recall. History getting ready to repeat itself? In the Obama Economic Recovery, people don’t drive to jobs they don’t have.

http://www.zerohedge.com/news/2014-11-28/crude-oil-continues-crash-after-close-wti-65-handle

 
Comment by Tarara Boomdea
2014-11-28 15:42:33

From yesterday:
3) I would still like to give thanks for all of Tarara’s help.
4) Anyone has a problem with my links can ignore them or look it up yourself.

phony, I am always available to help. About your posts, I’ve bookmarked many of the sites you’ve mentioned.

OT: looks like my dog will soon join Dozzer in the great beyond (tumor). Tail’s still wagging, he’s up for car rides. Makes it hard to decide when, since he’s a tough guy and it’s hard to tell if he’s in pain. Feeling very sad, but resigned.

Comment by palmetto
2014-11-28 16:56:32

My sympathies, Tarara. I myself have lost a couple of canine pals that were very dear to me, so I understand.

Comment by Tarara Boomdea
2014-11-28 17:11:02

Thank you. Just have to figure out when and where (going to investigate having it done at home.)

Comment by Tarara Boomdea
2014-11-28 19:38:13

Followup on at home euthanasia (central Las Vegas): $50 for home visit, plus charge for mileage. Regular charge for euthanasia. Since an office visit is $35, it seems like doing this is more of a kindness on the vet’s part.

Woman I spoke to said she has assisted the vet on these home visits and she said she felt that this way is easier for everyone.

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Comment by phony scandals
2014-11-28 18:13:34

“looks like my dog will soon join Dozzer in the great beyond” :(

I’m sorry to hear that, it’s a very tough decision and really hard to say goodbye. You just kinda know when it’s time and it sounds like you know that.

“When they say a dog is man’s best friend, it’s easy to understand why it’s so difficult to lose a great dog. Losing your best friend is difficult.”

 
 
Comment by goon squad
2014-11-28 16:51:49

Region VIII

 
Comment by Whac-A-Bubble™
2014-11-28 17:33:08

Checked out the Ferguson police station today. There were no protesters in view. Maybe the 30 degree F temperature kept them at bay?

Comment by azdude
2014-11-28 18:01:36

there at walmart dude

 
Comment by tresho
2014-11-28 19:25:27

Checked out the Ferguson police station today. There were no protesters in view They have finished their Xmas shopping and are taking a well-earned rest.

 
 
Comment by phony scandals
2014-11-28 19:14:43

Sad but True

By indigenous Follow Thu, 27 Nov 2014, 11:14pm 154 views 9 comments
Watch (1) Share Quote Permalink Like (3) Dislike (1)

SAD BUT TRUE!!!

This is so sad, from a proud, strong country to a laughing stock of the world. I don’t find it funny at all but true!
Canadian’s Version of David Letterman’s Top 10. Just makes you want to shake your head in disbelief.
This is Canada’s Top Ten List of America’s Stupidity. Of course we look like idiots because we are.

Number 10 Only in America could politicians talk about the greed of the rich at a $35,000.00 per plate Obama campaign fund-raising event.

Number 9 Only in America …could people claim that the government still discriminates against black Americans when they have a black President, a black Attorney General and roughly 20% of the federal workforce is black while only 14% of the population is black 40+% of all federal entitlements goes to black Americans - 3X the rate that go to whites, 5X the rate that go to Hispanics!

Number 8 Only in America…could they have had the two people most responsible for our tax code, Timothy Geithner (the head of the Treasury Department) and Charles Rangel (who once ran the Ways and Means Committee), BOTH turn out to be tax cheats who are in favor of higher taxes.

Number 7 Only in America…can they have terrorists kill people in the name of Allah and have the media primarily react by fretting that Muslims might be harmed by the backlash.

Number 6 Only in America…would they make people who want to legally become American citizens wait for years in their home countries and pay tens of thousands of dollars for the privilege, while they discuss letting anyone who sneaks into the country illegally just ‘magically’ become American citizens (probably should be number one).

Number 5 Only in America….could the people who believe in balancing the budget and sticking by the country’s Constitution be thought of as EXTREMIST’S.

Number 4 Only in America…could you need to present a driver’s license to cash a check or buy alcohol, but not to vote.

Number 3 Only in America…could people demand the government investigate whether oil companies are gouging the public because the price of gas went up when the return on equity invested in a major U.S. Oil company(Marathon Oil) is less than half of a company making tennis shoes (Nike).

Number 2 Only in America… could you collect more tax dollars from the people than any nation in recorded history, still spend a Trillion dollars more than it has per year - for total spending of $7-Million PER MINUTE, and complain that it doesn’t have nearly enough money.

And Number 1 Only in America…could the rich people- who pay 86% of all income taxes - be accused of not paying their “fair share” by people who don’t pay any income taxes at all.

 
Comment by Whac-A-Bubble™
2014-11-28 22:57:32

Ready for QE4?

Comment by Whac-A-Bubble™
2014-11-28 22:58:34

Need to Know
OPEC has ushered in QE4, and how investors should play oil now
By Barbara Kollmeyer
Published: Nov 28, 2014 7:34 a.m. ET
Critical intelligence before the U.S. market opens

Comment by rms
2014-11-28 23:26:35

“OPEC has ushered in QE4…”

So how will the poor invest this trickle-down windfall?

 
 
 
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