April 3, 2015

Bits Bucket for April 3, 2015

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




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207 Comments »

Comment by Get Stucco
2015-04-03 04:37:23

I’m expecting a very good Friday on Wall Street, as traders become even more convinced that no rate hikes are imminent.

Comment by goon squad
2015-04-03 05:03:19

Jesus flipped over the moneychangers’ tables in the temple, and 2000 years later nobody has learned anything from it

Comment by goon squad
Comment by Richard Warm Onger
2015-04-03 07:09:07

I hope today is the day the housing market crashes.

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Comment by Professor Bear
2015-04-03 23:03:31

The housing market never crashes in one day. It plays out over a series of years, even if the government gets involved to prop it up.

Or there is the case of Japan, where property values fell more-or-less continuously for over two decades. But don’t worry — that could never happen here, cause this is Mericka!

 
 
 
Comment by Housing Analyst
2015-04-03 07:17:31

“Jesus flipped over the moneychangers’ tables in the temple, and 2000 years later nobody has learned anything from it”

And that fundamental factoid is blasphemous to believers. They don’t want to look at that way.

Comment by goon squad
2015-04-03 07:31:22

I heard Judas Iscariot went on to become a successful REALTOR®

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Comment by Puggs
2015-04-03 08:35:45

…and you’ve got to love the response when Judas tried to give the money back after betrayal. “Not our problem”.

Careful who you do deals with.

 
 
 
 
Comment by Dman
2015-04-03 06:30:57

The higher they rise, the harder they fall.

 
Comment by Richard Warm Onger
2015-04-03 07:02:03

A quarter point means nothing even if it does happen. This is just Kardashian theater.

 
Comment by Get Stucco
2015-04-03 07:30:45

Market Snapshot
U.S. stock futures fall after jobs report lays an egg
By Anora Mahmudova and Barbara Kollmeyer
Published: Apr 3, 2015 9:35 a.m. ET
Trading on futures contracts will close at 9:15 a.m. Eastern

 
Comment by Albuquerquedan
2015-04-03 08:08:06

Really? Do you think there is trading in the U.S. on good Friday? The last time that happened Wall Street was hit by lighting.

Comment by Professor Bear
2015-04-03 23:08:20

Yes there was trading today. Get a clue!

Markets
U.S. Government Bonds Rally, Dollar Falls on Jobs Data
Investors see Fed taking its time before raising interest rates
By Min Zeng
Updated April 3, 2015 1:31 p.m. ET

Treasury bonds rallied and the dollar weakened sharply on Friday after a disappointing jobs report heightened investors’ anxiety about the health of the U.S. economy.

The report was the latest in a string of economic indicators that pointed to softening growth, and it deepened doubts about the timing of a U.S. interest-rate increase that many market observers had pegged for midyear.

…Trading volume in the bond market, which closed at 12 p.m. New York time, was running at a third of average levels and may have magnified the upswing in bond prices, traders said.

The yield on the benchmark 10-year Treasury note dropped to a two-month low of 1.807% in the minutes following the report’s 8:30 a.m. release from 1.902%. The yield ended the shortened session at 1.840%. Bond yields fall when prices rise.

The dollar weakened 0.8% against the euro. The greenback was down 0.6% against the yen, on track to close at its lowest level against the Japanese currency in more than a month.

In recent months, big swings in financial markets have become more frequent as investors jockey to anticipate the Federal Reserve’s next move. Expectations for tighter monetary policy in the U.S., which could have a cascading effect world-wide, have gradually been pushed back. At last month’s meeting, the Fed revised downward its projections for both growth and inflation and signaled concern about the possible headwinds from a stronger dollar, which had soared broadly for months before its recent stumble.

The U.S. economy added 126,000 nonfarm jobs in March, compared with a net increase of 248,000 forecast by economists polled by The Wall Street Journal. It was the smallest increase since December 2013.

 
 
 
Comment by Get Stucco
2015-04-03 04:38:27

Is the Iran deal already priced into oil?

Comment by Albuquerquedan
2015-04-03 05:51:12

If you can call it a deal, it is in the price, sorry if this is a duplicate post, I am having internet issues:

http://finance.yahoo.com/news/determine-oil-prices-down-231518354.html

Comment by Richard Warm Onger
2015-04-03 07:03:37

What’s the cost of a mushroom cloud? Ask the folks in Noth Korea. Who was President when they got their 5 nukes?

 
 
Comment by Dman
2015-04-03 06:34:07

The question is, how quickly can Iran start pumping another million or so barrels of oil into and already over-supplied market?

Comment by Albuquerquedan
2015-04-03 07:16:45

Years. Most experts are saying it will take them six months just to add 500,000 barrels a day. Meanwhile, world oil demand is rising by 100,000 barrels a day. The talks which reach a “deal” that Iran is claiming Obama is misstating which will take a least to the end of June to finalize, and then a number of months to verify. The oil only begins to flow after that if it occurs. Last year shale oil production in the U.S. was increasing by 100,000 barrels a day every month, we are now seeing declines. That is the big story, Iran is just a side issue.

Comment by Albuquerquedan
2015-04-03 08:57:01

Demand is rising by 100,000 barrel per day per month.

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Comment by Housing Analyst
2015-04-03 09:34:15

Ban,

Cratering global demand, massive excess stockpiles of oil, production ramping up resulting in a 50% collapse in crude prices is positively bullish and good for the economy.

 
Comment by Albuquerquedan
2015-04-03 10:33:57

Government interference in setting prices whether it result in higher or lower prices is wrong. It was wrong for Nixon to have left price controls on U.S. domestic production even if it did keep prices from rising as fast at the pump.

 
Comment by Housing Analyst
2015-04-03 10:43:25

Frankly I don’t care how we get to dramatically lower and more affordable prices. The economy and workers need them.

 
Comment by Professor Bear
2015-04-03 13:23:34

“Demand is rising by 100,000 barrel per day per month.”

There are no prices in an attorney’s notion of demand.

 
 
 
 
 
Comment by azdude
2015-04-03 05:33:47

Is the rate hike discussion really a big charade ?

Comment by Richard Warm Onger
2015-04-03 07:06:38

It’s just people wanting something to write about and sell fear or hype or angles. Even if it happens, does a 1/4 or even a half point hike matter at all? It’s not like this is the start of numerous hikes. It has been established here beyond a doubt and many times that this cannot happen without bankrupting the government and causing the whole house of cards to collapse.

 
Comment by Professor Bear
2015-04-03 13:24:53

You can stick a fork in the idea of a near-term rate hike after today’s jobs number.

 
 
Comment by goon squad
Comment by goon squad
2015-04-03 06:02:47
Comment by Albuquerquedan
2015-04-03 07:19:23

If you do not see that the rise of Islam is a problem when 30-40% of the Islamic population takes the extreme interpretation of Islam where any conversion from Islam justifies the death penalty you have your head in the sand.

Comment by goon squad
2015-04-03 07:35:07

They predict a muslim majority in 2070, I’ll be dead by then Dannyboy

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Comment by Albuquerquedan
2015-04-03 07:50:00

I guess no concern how your decisions impact people down to the seventh generation?

 
 
Comment by MightyMike
2015-04-03 07:52:30

Where’d you get that 30-40% from?

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Comment by Albuquerquedan
2015-04-03 07:56:22

Pew polls that I have posted, actually in places like Egypt it was more like 90%.

 
Comment by Albuquerquedan
2015-04-03 07:59:20

Actually on that one issue I was too generous to the Muslim nutcases:

http://www.examiner.com/article/pew-poll-most-muslims-favor-law-to-allow-islam-stoning-amputation-death

 
Comment by Albuquerquedan
2015-04-03 08:03:44

http://www.pewglobal.org/2010/12/02/muslims-around-the-world-divided-on-hamas-and-hezbollah/#prc-jump

Look at Nigeria, the Muslims have these nutcase views and then they want us to help them with Boko Haram.

 
Comment by MightyMike
2015-04-03 09:21:21

I couldn’t find the word conversion in that Pew article. But the really good news is that those countries are all far away.

 
Comment by Albuquerquedan
2015-04-03 09:35:49

From the Pew article and BTW, if you think they live far away visit Dearborn, Michigan:

When asked about the death penalty for those who leave the Muslim religion, at least three-quarters of Muslims in Jordan (86%), Egypt (84%) and Pakistan (76%) say they would favor making it the law; in Nigeria, 51% of Muslims favor and 46% oppose it. In contrast, Muslims in Lebanon, Turkey and Indonesia largely reject the notion that harsh punishments should be the law in their countries. About three-quarters of Turkish and Lebanese Muslims oppose the stoning of people who commit adultery (77% and 76%, respectively), as does a narrower majority (55%) of Muslims in Indonesia.

 
 
Comment by Selfish Hoarder
2015-04-03 14:33:50

The problem with the implied fear is that you expect their religion to continue on for decades. But when populations grow huge, there is a lot of internal strife. With technology changing and information becoming more easily obtainable there is no way to keep the hard wrench of reality from punishing societies that philosophically try to live against reality. This goes for Christianity too.

Truth and reason win n the long term, whether or not over half the world has been at any time consumed by Islam. No religion is more powerful than the nature of survival. Tat is, the use of reason is the opposite of faith. An irrational society cannot last long without consumption of OPM.

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Comment by rj chicago
2015-04-03 08:01:14

When ISIS shows up on your doorstep - don’t open the door.

Comment by Ben Jones
2015-04-03 08:33:04

‘Few Americans seem to comprehend what is unfolding in the Middle East – with the latest conflict involving Saudi airstrikes against the Houthi rebels who now control Yemen’s capital of Sanaa. In this swirl of regional wars, it’s often not clear where the U.S. government stands and how American interests are affected.’

‘The reason for the confusion is simple: Many key pundits who get to explain what’s going on from the op-ed pages of the major U.S. newspapers and from the TV talk shows prefer that the American people don’t fully grasp what’s happening. Otherwise, the people might realize the dangers ahead and demand substantial changes in U.S. government policies.’

‘But a few basic points can help decipher the confusion: Perhaps the most important is that – although it’s rarely acknowledged in the mainstream U.S. media – Israel is now allied with Saudi Arabia and other Sunni Persian Gulf states, which are, in turn, supporting Sunni militants in Al-Qaeda and the Islamic State. Sometimes directly, sometimes indirectly, this Israel-Saudi bloc sustains Al-Qaeda and, to a somewhat lesser degree, the Islamic State.’

‘The U.S. news media is loath to note these strange Israeli bedfellows, but there’s a twisted logic to the Israeli-Saudi connection. Both Israel and the Saudi bloc have identified Shiite-ruled Iran as their chief regional adversary and thus are supporting proxy wars against perceived Iranian allies in Syria and now Yemen.’

‘The extremist Wahhabism has inspired some of the most radical Sunni movements, including Al-Qaeda and now the Islamic State, along with their practice of suicide attacks as a form of martyrdom that has become a staple of these groups’ anti-Western jihad.’

‘In other words, what has most outraged Americans has been the behavior of these Sunni extremists, from Al-Qaeda’s 9/11 attacks to the Islamic State’s beheading of helpless hostages and religious minorities in Syria and elsewhere. And, the principal backer of this Sunni extremism has been Saudi Arabia where wealthy prince-playboys buy leniency for their licentious behavior from the religious ulema (or leaders) by financing the extreme Wahhabi teachings.’

‘Yet, over the years, the U.S. government has exploited the general lack of knowledge among Americans about the intricacies of Middle East religions and politics by funneling the anger against one group to rationalize actions against another.’

‘For instance, in 2003, as revenge for the 9/11 slaughter of 3,000 Americans – carried out primarily by Saudi extremists under the leadership of Saudi Osama bin Laden – President George W. Bush shielded the Saudis from blame and ordered the invasion of Iraq to oust Saddam Hussein, a secular Sunni dictator who was a fierce opponent of Al-Qaeda and other religious fanatics.’

‘Ironically, that war put Shiites in power in Baghdad, turned Iraq’s Sunnis into a persecuted minority, and created fertile ground for a particularly virulent strain of Al-Qaeda to take root under the leadership of Jordanian terrorist Abu Musab al-Zarqawi. That group became “Al-Qaeda in Iraq,” later morphing into “the Islamic State of Iraq and Syria” and finally into “the Islamic State,” with its own twisted branches reaching out across the Middle East and Africa to justify more provocative slaughter of Westerners and “non-believers.”

‘Israel’s preference has extended into a tacit alliance with Al-Qaeda’s Nusra Front in Syria, with which the Israelis have essentially a non-aggression pact, even caring for Nusra fighters in Israeli hospitals and mounting lethal air attacks against Lebanese and Iranian advisers to the Syrian military.’

‘But the problem with this Israeli-Saudi strategy for the American people is that the only viable military alternatives to the Assad government in Syria are Al-Qaeda’s Nusra Front and the even more brutal Islamic State. So if Israel, Saudi Arabia and the neocons succeed in ousting Assad, the likely result would be the black flags of Al-Qaeda or the Islamic State flying over Damascus.’

‘That would likely mean major atrocities, including executions of Christians and other religious minorities, as well as terrorist plots mounted against Europe and the United States. An Al-Qaeda or Islamic State conquest of Damascus would likely force any U.S. president to invade Syria at enormous costs in blood and treasure, albeit with little hope of achieving any long-term success.’

‘Such a U.S. intervention might very well mean the end of the United States as a viable democratic society – to the extent that one exists today.’

https://consortiumnews.com/2015/03/30/deciphering-the-mideast-chaos/

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Comment by Dman
2015-04-03 08:48:27

What will we do if we find out Saudi Arabia is working on developing nuclear weapons? Do we really think we can trust them any more than Iran?

 
Comment by Albuquerquedan
2015-04-03 08:51:35

They are working on nuclear weapons and they have sped up development since Obama started to deal with Iran. That is just one of the many negative consequences of any deal that allows Iran to maintain a nuclear capability, a nuclear arms race in the middle east.

 
 
 
 
 
Comment by goon squad
2015-04-03 05:48:38

The governor of Amerikwa’s 51st state is not happy

http://www.foxnews.com/politics/2015/04/03/netanyahu-on-collision-course-with-allies-in-wake-iran-deal-framework/

There must be some sort of small government and lower taxes solution to this

Comment by goon squad
2015-04-03 06:00:07

Top link on the Drudge Report right now

http://www.theblaze.com/stories/2015/04/02/netanyahu-sends-very-blunt-message-to-obama-following-announcement-of-iran-deal/

Will American taxpayers and voters ever get tired of being bossed around by this petty little thug and bully?

Comment by Raymond K Hessel
2015-04-03 06:36:34

American voters (95% of them anyway) are stupid. No, they’ll never tire of being screwed over or bossed around. They will bend over on demand for Wall Street fluffers and neo-con stooges, as they demonstrated in the last two elections.

Comment by Richard Warm Onger
2015-04-03 07:07:59

Last two? Didn’t Bubba do some fluffing?

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Comment by In Colorado
2015-04-03 09:04:00

Will American taxpayers and voters ever get tired of being bossed around by this petty little thug and bully?

Half the electorate thinks Bibi’s a hero. My brother thinks the world of him.

Comment by Selfish Hoarder
2015-04-03 16:38:51

My sister does too. Where did they get that kook aid?

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Comment by Raymond K Hessel
2015-04-03 07:43:14

More like the real President of the neo-cons.

 
 
Comment by Albuquerquedan
2015-04-03 05:48:39

Good analysis but squishy on the price, what does will not rise too much mean?

http://finance.yahoo.com/news/determine-oil-prices-down-231518354.html

Comment by Rental Watch
2015-04-03 09:32:34

As I think about it, I don’t really care about the price of oil. The price of oil is simply a proxy for the supply/demand balance. And if there is more supply needed, we have economic activity that is good for American workers in the oil patch, etc.

Very similar to housing. Home prices going up doesn’t create jobs. Housing development increasing does.

Comment by Housing Analyst
2015-04-03 09:36:15

Rental_Fraud,

What is good for american workers is falling prices.

 
Comment by In Colorado
2015-04-03 10:34:06

Home prices going up doesn’t create jobs.

They do … in China. Liberating sweet equity in your appreciated house via a HELOC and then spending it frivolously is the patriotic thing to do … even if you use it all to buy crap made in China.

Comment by Housing Analyst
2015-04-03 10:36:30

Like I corrected you yesterday, housing prices can be falling to achieve the same result. The only requirement is that the principal be paid at a faster rate than the price declines.

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Comment by Albuquerquedan
2015-04-03 05:58:34

The banksters are getting really worried about the rise of China:

http://finance.yahoo.com/news/china-knocking-door-imfs-major-074138470.html

 
Comment by azdude
2015-04-03 06:00:31

when will QE 4 be announced because more money is needed to pay the bills cause there is no tax revenue to support the spending?

Its almost like certain people get to spend as much as they want.

Comment by Richard Warm Onger
2015-04-03 07:11:06

Didn’t they just let QE EUR happen. After Europe’s done then it passes back to us. Maybe in the fall?

Comment by In Colorado
2015-04-03 10:35:43

It’s a ZIRPy world after all! Think of Disney Small World dolls dressed as bankers.

 
 
 
Comment by goon squad
2015-04-03 06:05:33

Confirming what I’ve been saying for years, that the future belongs to Lucky Ducky

http://news.yahoo.com/except-rich-americans-incomes-fell-last-220335392.html

No “pent-up demand” for $500,000 starter homes here, LOLZ

Comment by goon squad
2015-04-03 07:13:57

New York Times reporting U.S. economy gained 126,000 jobs in March, an abrupt slowdown in hiring

“This sucker could go down” — George W. Bush

Comment by Albuquerquedan
2015-04-03 07:29:02

I keep thinking that is a Lola quote.

 
Comment by rms
2015-04-03 07:38:58

“Go shopping… buy something!” –Dubya

 
 
 
Comment by Raymond K Hessel
2015-04-03 06:37:47

A record 92.3 million Americans “out of the labor force” in our Obama-Fed-Goldman Sachs “recovery.” Remind me again who’s going to be buying those $500K starter houses.

Comment by 2banana
2015-04-03 07:04:00

Hope and Change Boyz!

———

Americans Not In The Labor Force Soar To Record 93.2 Million As Participation Rate Drops To February 1978 Levels
ZeroHedge - 04/03/2015

So much for yet another “above consensus” recovery, and what’s worse it is, well, about to get even worse, because while the Fed keeps baning some illusory drum that slack in the economy is almost non-existent, the reality is that in March the number of people who dropped out of the labor force rose by yet another 277K, up 2.1 million in the past year, and has reached a record 93.175 million.

Indicatively, this means that the labor force participation rate dropped once more, from 62.8% to 62.7%, a level seen back in February 1978, even as the BLS reported that the entire labor force actually declined for the second consecutive month, down almost 100K in March to 156,906.

Comment by rj chicago
2015-04-03 08:03:34

FORWARD!!!

 
Comment by MightyMike
2015-04-03 09:31:06

Once again, that statistic is not useful. It includes everyone over the age of 16. Also, what is the significance of 1978? Was that a bad time?

Comment by Albuquerquedan
2015-04-03 09:56:10

It is significant because it is the lowest participation rate in thirty seven years. It does not matter whether 1978 was a good or bad year. Prior to 1973, one income provider could really support a middle class lifestyle after then female participation in the work force soared, now we are back to the same participation rate but most women want to work. It is a bad, very bad number.

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Comment by MightyMike
2015-04-03 10:19:16

It includes everyone over the age of 16, including octogenarians. It’s not a useful statistic.

 
Comment by Albuquerquedan
2015-04-03 10:25:55

BTW, I stated a number of months ago that Obama’s war on Putin, driving up the dollar and driving down the oil price, would do extreme damage to the U.S. economy and it has. Had it taken down Putin, Obama would be bragging about it, just like his administration bragged about the Arab spring and their role in it until it turned bad. Now that it seems to have hit the U.S. almost as much as Russia, you will hear crickets. Ironically, within a few years the damage done to the shale oil industry will mean a much stronger Russia than would have occurred had he not unleashed the economic war.

 
Comment by Albuquerquedan
2015-04-03 10:45:21

It includes everyone over the age of 16, including octogenarians. It’s not a useful statistic.

Sorry, you would not be saying that if Obama was not president. It has always included children over 16, and we have a lot less of them as a percentage of the population and included octogenarians, and while we may have more they do not make up a large percentage of the population. Obama always loves to change the way things are counted when they show how poorly he is performing. Border statistics bad? Just change what we call a deportation. He loves to make apples to apples comparisons impossible.

 
Comment by MightyMike
2015-04-03 13:09:04

It’s a fact, regardless of who is in the White House. The number of octogenarians may not be significant, but it’s well known that the proportion of the total population that’s over the age of 65 has been rising steadily for years now.

Besides that, the labor force participation rate also includes unemployed people actively looking for work. That’s the definition of participating in the labor force - either working or looking for work. So if a million currently employed Americans were to lose their jobs next month and spent their days instead looking for jobs, that would have no effect on the labor force participation rate. There’s another statistic, called the employment-population ratio, which is the portion of the population actually working. You might think that Zero Hedge would be more interested in that statistic, since the government’s definition of who is unemployed and who is just not working doesn’t affect it.

 
 
 
 
 
Comment by Raymond K Hessel
2015-04-03 06:42:22

How’s the vote for crony capitalism working out for you, Obama Zombies, McCain Mutants, and Romney Retards? Are your throbbing lobotomy scars distracting you from noticing how your Republicrat champions are bending you over for their .1% patrons?

http://news.yahoo.com/except-rich-americans-incomes-fell-last-220335392.html

Comment by Richard Warm Onger
2015-04-03 07:13:11

There is only ever one choice, with many faces. Al the same oligarchs and crony capitalists OR someone with no chance of winning. Spending that time you’d waste making that illusionary choice instead in the gym makes more sense.

 
Comment by phony scandals
2015-04-03 07:23:29

“Washington (AFP) - Most Americans’ incomes continued to fall last year, but the richest 20 percent saw theirs rise, a new Labor Department report showed Thursday.”

Forward

 
 
Comment by Raymond K Hessel
2015-04-03 06:45:03

California may have a water and fiscal crisis on their hands, but at least they have their PC priorities in order. /Sarc.

http://rt.com/usa/246445-california-inmate-sex-change/

Comment by Bring Back the WPA
2015-04-03 08:55:51

Please don’t distort this. The Federal judge ordered this over the objections of California officials.

Comment by Albuquerquedan
2015-04-03 09:39:24

Their elected U.S. Senators send recommendations for appointment to the Federal bench. It is was federal judges tend to be so different depending on the state that they reside.

Comment by Albuquerquedan
2015-04-03 09:49:26

auto correct: It is why

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Comment by Raymond K Hessel
2015-04-03 09:59:28

California and its Lib-Dem Senators and Representatives have been at the forefront of the drive for dogmatic political correctness. Now the chickens are coming home to roost.

 
 
 
Comment by phony scandals
2015-04-03 06:45:45

I guess there will be big trouble in Dearborn, MI soon.

Indiana pizzeria finds itself at the center of ‘religious freedom’ debate

Posted 6:19 am, April 2, 2015, by CNN Wires,

The family-run restaurant finds itself at the center of the debate over the state’s Religious Freedom Restoration Act after its owners said they’d refuse to cater a same-sex couple’s wedding.

“If a gay couple was to come and they wanted us to bring pizzas to their wedding, we’d have to say no,” Crystal O’Connor told CNN affiliate WBND.

Social media unloaded on the pizzeria in the community of 2,100 people that few folks outside northwest Indiana knew existed before this week.

RiskyLiberal tweeted: “Dear #MemoriesPizza. No. My boycotting your business because I don’t like your religious bigotry is not a violation of your freedom to practice your religion.”

“Don’t threaten #MemoriesPizza” tweeted Aღanda . “Just mock them for their ignorance.”

Bad reviews flooded the restaurant’s Facebook page, most having little to do with the quality of the food. Many too vulgar to share.

“Do you really want to financially support a company that treats some of your fellow citizens like second class citizens? BOYCOTT MEMORIES PIZZA!!” said Rob Katz of Indianapolis. “Let’s hope they either rethink their policy or the free market puts them out of business.”

But one outburst in particular shut down the restaurant on Wednesday and was expected to do the same Thursday.

“Who’s going to Walkerton with me to burn down Memories Pizza?” Jessica Dooley of Goshen tweeted, according to the Walkerton Police Deparment. The account has been deleted since the tweet was posted.

Detectives who investigated have recommended charges of harassment, intimidation and threats, according to Assistant Chief of Police Charles Kulp.

fox2now.com/…/ - 90k -
—————————————————————————–

HIDDEN CAMERA: Will Muslim Bakeries Make a Gay Wedding Cake?

From LouderWithCrowder.com

Yes folks, I did this. I went there. You have this now. Actually, I taped this video a long time ago but due to audio corruption issues, was never able to upload it. Now that my in-house whizz kid, Jared was able to salvage the footage, I am now passing it onto you. What do you think happens when a gay, like SUPER gay Crowder tries to get a super gay wedding cake baked at a Muslim bakery? I’m pretty sure you can guess, but you might as well watch this week’s adventure to Dearborn, MI to find out!

http://www.youtube.com/watch?v=RgWIhYAtan4 - 412k - Cached - Similar pages
13 hours ago ..

Comment by 2banana
2015-04-03 07:44:55

A Guy Walked Into a Muslim Bakery and Ordered a Gay Wedding Cake… What do you think happened?
Pajamas Media | 04/30/2015 | Paula Bolyard

Is anyone surprised by this? Steven Crowder went into a bunch of Muslim bakeries in Dearborn, Michigan, and tried to order a “gay” wedding cake. Many of the bakers politely declined and sent him to other bakeries, including one man who tried to send him up the street to Kroger.

Oddly enough, we haven’t seen any mainstream media reporters ambushing unsuspecting Muslim bakers and demanding in McCarthyesque fashion, “Are you now, or have you ever been a homosexual hater?”

Could it be because, as Crowder notes in the video, “You’re still killed in virtually every Muslim country for being gay.”

Comment by phony scandals
2015-04-03 08:10:08

“Could it be because, as Crowder notes in the video, “You’re still killed in virtually every Muslim country for being gay.”

Shhhhhh

Be vewy vewy quiet, I’m hunting Kwazy white Kwistians

 
Comment by MightyMike
2015-04-03 09:35:05

Oddly enough, we haven’t seen any mainstream media reporters ambushing unsuspecting Muslim bakers and demanding in McCarthyesque fashion, “Are you now, or have you ever been a homosexual hater?”

Could it be because, as Crowder notes in the video, “You’re still killed in virtually every Muslim country for being gay.”

What is this guy saying, that the MSM reporters fear being stoned to death in a American bakery?

 
 
Comment by Raymond K Hessel
2015-04-03 07:45:36

Who owns the shop, the gay guy or the Muslim owner? If it’s the gay guy, let him pay the property tax. If it’s the Muslim, let him run his business and deal with his customers as he sees fit.

Comment by Albuquerquedan
2015-04-03 07:52:23

I agree and that should be the test for all faiths and races. Today, we assume that government has the ability to force us to contract with people.

Comment by Bring Back the WPA
2015-04-03 08:21:58

The government isn’t forcing anyone to contract. When you obtain a business license, you are voluntarily accepting the lawful conditions of conducting a business in public, which includes offering the same services and prices to all customers without discrimination.

If your religion conflicts with the above, then don’t get a business license.

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Comment by Albuquerquedan
2015-04-03 08:35:11

If your religion conflicts with the above, then don’t get a business license

How very 1984 of you. The government is making as a condition of your license you must contract with certain groups, that is forcing you to contract. We are slowly allowing our freedoms to bleed away. Another example, freedom of speech use to include the right to offend people. More and more throughout the world so called hate speech laws prohibit that right.

 
Comment by Bring Back the WPA
2015-04-03 09:15:21

The government is making as a condition of your license you must contract with certain groups, that is forcing you to contract.

Your argument is an overreach. When you voluntarily agree to obtain a driver’s license, you agree to accept the government’s edict to drive on the right side of the road. My goodness, we’ve lost the freedom to drive on the left side. What’s this country coming to?

 
Comment by Albuquerquedan
2015-04-03 09:46:55

It is not the same, it is more like I lose my right to put a NRA bumper sticker on my car as a condition to get my driver’s license. I do not have problems with licensing requirements that have to do with safety or health or paying taxes. However, it is wrong for the federal government or any government to dictate with whom I can contract. It is not overreach at all on my part. It is overreach of the government and it did not occur to just about 50 years ago. The government did not have any such type laws for almost the first two hundred years of our existence. BTW, I think as a business man it would be stupid not to contract with people based on race or religion and market forces would probably put you out of business in most cases, but I think it is your right as an individual to make that decision. Government has no right to discriminate but people should have that right and did for almost two hundred years.

 
Comment by Raymond K Hessel
2015-04-03 10:03:26

When you obtain a business license, you are voluntarily accepting the lawful conditions of conducting a business in public, which includes offering the same services and prices to all customers without discrimination.

Big Brother’s wet dream: a docile serf who parrots the party line with a mindless devotion that would do Kim Jung-On proud. No, it means to get a business license you have to agree to ever more intrusive and onerous meddling and social engineering from local, state, and Federal governments, like it or not.

 
Comment by MightyMike
2015-04-03 10:48:08

However, it is wrong for the federal government or any government to dictate with whom I can contract. It is not overreach at all on my part.

Thanks, Dan. We were all dying to know what you think is right and what is wrong.

 
 
Comment by palmetto
2015-04-03 08:31:18

That’s the problem I have with all of this brouhaha. Years ago I used to see signs on the doors of shops proclaiming that they reserve the right to refuse service to anyone for any reason. These days, not so much.

Freedom of association is extremely important. It is the basis of divorce law, for example. The Soviet Union was excoriated for not allowing its citizens to leave.

I can understand why government has to serve all citizens, that makes sense to me. I wouldn’t want to go to the motor vehicle department and have some clerk refuse to serve me because I’m a speckled white devil or some such thing. But people in private enterprise should have a choice who they do and don’t want to serve. I’ve had people refuse to do business with me on the basis that there’s not enough money in the job or assignment or whatever.

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Comment by Albuquerquedan
2015-04-03 08:41:31

But people in private enterprise should have a choice who they do and don’t want to serve

Exactly, I have no problem with a black business man not wanted to contract with a white boy. In fact, I would appreciate the honesty, why would I want to give someone my money in any transaction that hates me or my life style. We went from government having Jim Crow prohibitions on contracts, which violated everyone’s right to freely contract and free association, to mandating contracts which is equally wrong.

 
Comment by Dman
2015-04-03 12:09:56

How does this have anything to do with mandating contracts? It’s a lot easier to say you can’t discriminate against anyone, than to legislate what discrimination is and isn’t allowed. You’re not against big government, you just want the government to legislate for your benefit.

 
 
 
 
 
Comment by Can Bubble
Comment by In Colorado
2015-04-03 13:47:56

The slain 17-year-old son of Canada’s consul general in Florida initially met an alleged drug dealer, who also died in a Monday shootout, at a popular Miami music festival, according to the suspected drug dealer’s girlfriend.

MIami is more Mexico City than Mayberry, that’s for sure.

Comment by Oddfellow
2015-04-03 15:38:19

I think those kids thought they were in a movie until the bullets hitting them turned out to be real.

 
 
 
Comment by SUGuy
2015-04-03 06:52:18

The ( Killers) people on this blog who want to kill Iranian people by bombing them with a 1.5 Trillion dollar war feel about this news.

Israeli security cabinet slams Iran nuclear deal

The outline agreement aimed at curbing Iran’s nuclear drive was clinched on Thursday after marathon talks in Switzerland, and marks a major breakthrough in a 12-year standoff between Iran and western countries, which have long suspected Tehran of seeking to build an atomic bomb.

Reading out a joint statement on Thursday evening, EU foreign policy chief Federica Mogherini said a “decisive step” had been achieved.
“This is a crucial decision laying the agreed basis for the final text of joint comprehensive plan of action. We can now start drafting the text and annexes,” said Mogherini, who has acted as a coordinator for the six powers - Britain, China, France, Germany, Russia and the United States.

Iranian Foreign Minister Mohammad Javad Zarif called it a “win-win outcome”, while US President Barack Obama hailed the deal as a moment that the US and its allies had “reached a historic understanding with Iran”.

But Al Jazeera’s James Bays, reporting from Lausanne where the deal was struck, said that US diplomats still faced the challenge of convincing opposition Republican dissenters in Congress, and its ally Israel that the deal was sufficient.

US, European and Iranian leaders hail breakthrough, while Israeli PM continues criticism over Iran rapprochement.

http://www.aljazeera.com/news/2015/04/netanyahu-calls-security-meeting-iran-nuclear-deal-150403073047422.html

Comment by SUGuy
2015-04-03 06:59:40

Israel clearly is a financially, politically as well as militarily an expensive LIABILITY for the US. It’s better to trade in the middle east rather than bomb the middle east.

Analysis: What does the Iran nuclear deal mean?

With a deal on Iran’s nuclear programme, US opens door to new policy era in the Middle East.

Achievement of a framework agreement between Iran and six world powers to end the Islamic republic’s nuclear weapons programme opens the door to a new era of policy in the Middle East with potentially far-reaching implications.

The landmark deal reached in Lausanne, Switzerland among China, Russia, France, Great Britain, Germany and the US offers Iran more than $110bn a year in sanctions relief and a return to the global economy in exchange for halting its drive for a nuclear weapon.

“Today, after many months of tough, principled diplomacy, we have achieved the framework for that deal. And it is a good deal, a deal that meets our core objectives. This framework would cut off every pathway that Iran could take to develop a nuclear weapon,” Obama said in a statement delivered to reporters in Washington.

http://www.aljazeera.com/indepth/features/2015/04/analysis-iran-nuclear-deal-150403002032133.html

Comment by Selfish Hoarder
2015-04-03 16:45:46

“Israel clearly is a financially, politically as well as militarily an expensive LIABILITY for the US. It’s better to trade in the middle east rather than bomb the middle east.”

Free trade distempered China and that itself helped lessen the Russian menace. This was one thing a U.S. President got right. Too bad he was Nixon. Too bad the later Presidents did not repeat it. The “free trade agreements” we’re no substitute for the Nixon diplomacy.

 
Comment by Selfish Hoarder
2015-04-03 16:48:22

I support what Lurch is doing in trying for warm relations with Iran. Iran is a buffer against ISIS. Too bad blind blowhards like Sean Hannity refuse to listen to reason.

 
 
Comment by Richard Warm Onger
2015-04-03 07:17:48

I don’t want Iran to have nuclear bombs. That’s easy to fix. You don’t need to start a boots on the ground war. You don’t need to Bomb Tehran or kill lots of people. You can easily just take out their nuke facilities with bombs from planes or missiles and keep doing it each and every time they try to rebuild.

Others here are fine with Iran having nuclear bombs.

Comment by goon squad
2015-04-03 07:26:53

Who is this “You” that you are referring to in your post? The IDF? Or American military? American taxpayers are paying for it either way.

And since we’re spending Good Friday debating who should and shouldn’t get bombed, I suggest that all of “You” read the book I linked below this thread.

Comment by Richard Warm Onger
2015-04-03 10:51:16

America should do it. Much cheaper than a war with boots. Much cheaper than mushroom clouds there or here. Heck no one even needs to die at all. Just announce you are bombing all nuclear facilities in 24-48 hours and the people there should drop everything and leave.

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Comment by Oddfellow
2015-04-03 14:55:22

“Just announce you are bombing all nuclear facilities in 24-48 hours and the people there should drop everything and leave.”

Does Iran have an air force and air defense systems?

Are their nuclear sites hardened and well-defended?

Do Iran and its proxies have the ability to strike back at us and our allies if we attack them?

Answer those rather obvious questions and you might learn some problems with your simple plan.

 
Comment by Ben Jones
2015-04-03 15:54:39

‘Advocating for war is not like advocating for most other policies because, as peace activist David Swanson points out, war is a crime. It was outlawed in 1928 by the Kellogg-Briand Pact, in which the United States, the Soviet Union, China, Britain, Germany, France, Japan and 55 other nations “condemn[ed] recourse to war for the solution of international controversies, and renounce[d] it, as an instrument of national policy in their relations with one another.”

‘Kellogg-Briand was the basis for the “crimes against peace” indictment at the Nuremberg Trials for Nazi leaders, several of whom were hanged for “planning, preparation, initiation, or waging a war of aggression.” At Nuremberg, chief US prosecutor Robert H. Jackson declared: “To initiate a war of aggression, therefore, is not only an international crime; it is the supreme international crime differing only from other war crimes in that it contains within itself the accumulated evil of the whole.”

The spirit of Kellogg-Briand was embodied in the formation of the United Nations, whose charter commits its signers to renouncing war and the threat of war: “All Members shall refrain in their international relations from the threat or use of force against the territorial integrity or political independence of any state.”

http://fair.org/blog/2015/03/30/leading-papers-incite-supreme-international-crime/

 
Comment by Richard Warm Onger
2015-04-03 15:57:46

Iran’s air defense and Air Force would pose no opposition. LOL. The sites are not close to sufficiently hardened.
They could not strike back with much. Maybe a couple of random terror attacks. Minor and they would subject their leadership to much worse.

Admit it, you just think Iran should be allowed nuclear bombs.

 
Comment by Oddfellow
2015-04-03 16:38:34

Will it be as quick and easy as the Iraq war was promised to be, by neocon warmongers like you?

 
 
Comment by Richard Warm Onger
2015-04-03 10:53:45

Good Friday? I thought you hated Christians ?

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Comment by SUGuy
2015-04-03 07:43:25

We are fighting wars in Afghanistan, Pakistan, Iraq, Yemen, Libya, and Syria and support the holocaust of the Palestinian people by Israel. WE are also fighting with Al-Qaida, Taliban, Hamas, Isis. Now some are advocating war with Iran, Ukraine. Russia.

How much money do you folks want to spend fighting these wars and getting the young American men disabled both physically and emotionally in the process. And the final question is what are you folks looking to achieve?

Comment by Selfish Hoarder
2015-04-04 15:47:52

My cousin is still refusing to realize he is duped in his support of endless war. This does not discourage me ever from trying to show him he is duped. He does suspect 9/11 was partly an inside job. If he could only draw the line from there to the motive for authoritarianism (manufacturing a national security threat as a rationale for war), he would then be turned. But he just could not quite admit it.

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Comment by Raymond K Hessel
2015-04-03 07:46:48

Let Israel fight its own battles.

Comment by Richard Warm Onger
2015-04-03 10:52:29

Israel would be happy to. They bombed the reactor facilities once before.

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Comment by SUGuy
2015-04-03 11:43:54

OBAMA DESERVES HIS NOBLE
Parameters for a Joint Comprehensive Plan of Action Regarding the Islamic Republic of Iran’s Nuclear Program

Office of the Spokesperson
Below are the key parameters of a Joint Comprehensive Plan of Action (JCPOA) regarding the Islamic Republic of Iran’s nuclear program that were decided in Lausanne, Switzerland. These elements form the foundation upon which the final text of the JCPOA will be written between now and June 30, and reflect the significant progress that has been made in discussions between the P5+1, the European Union, and Iran. Important implementation details are still subject to negotiation, and nothing is agreed until everything is agreed. We will work to conclude the JCPOA based on these parameters over the coming months.
Enrichment
Iran has agreed to reduce by approximately two-thirds its installed centrifuges. Iran will go from having about 19,000 installed today to 6,104 installed under the deal, with only 5,060 of these enriching uranium for 10 years. All 6,104 centrifuges will be IR-1s, Iran’s first-generation centrifuge.

Iran has agreed to not enrich uranium over 3.67 percent for at least 15 years.

Iran has agreed to reduce its current stockpile of about 10,000 kg of low-enriched uranium (LEU) to 300 kg of 3.67 percent LEU for 15 years.

All excess centrifuges and enrichment infrastructure will be placed in IAEA monitored storage and will be used only as replacements for operating centrifuges and equipment.

Iran has agreed to not build any new facilities for the purpose of enriching uranium for 15 years.

Iran’s breakout timeline – the time that it would take for Iran to acquire enough fissile material for one weapon – is currently assessed to be 2 to 3 months. That timeline will be extended to at least one year, for a duration of at least ten years, under this framework.

Iran will convert its facility at Fordow so that it is no longer used to enrich uranium

Iran has agreed to not enrich uranium at its Fordow facility for at least 15 years.

Iran has agreed to convert its Fordow facility so that it is used for peaceful purposes only – into a nuclear, physics, technology, research center.

Iran has agreed to not conduct research and development associated with uranium enrichment at Fordow for 15 years.

Iran will not have any fissile material at Fordow for 15 years.

Almost two-thirds of Fordow’s centrifuges and infrastructure will be removed. The remaining centrifuges will not enrich uranium. All centrifuges and related infrastructure will be placed under IAEA monitoring.

Iran will only enrich uranium at the Natanz facility, with only 5,060 IR-1 first-generation centrifuges for ten years.
Iran has agreed to only enrich uranium using its first generation (IR-1 models) centrifuges at Natanz for ten years, removing its more advanced centrifuges.

Iran will remove the 1,000 IR-2M centrifuges currently installed at Natanz and place them in IAEA monitored storage for ten years.

Iran will not use its IR-2, IR-4, IR-5, IR-6, or IR-8 models to produce enriched uranium for at least ten years. Iran will engage in limited research and development with its advanced centrifuges, according to a schedule and parameters which have been agreed to by the P5+1.

For ten years, enrichment and enrichment research and development will be limited to ensure a breakout timeline of at least 1 year. Beyond 10 years, Iran will abide by its enrichment and enrichment R&D plan submitted to the IAEA, and pursuant to the JCPOA, under the Additional Protocol resulting in certain limitations on enrichment capacity.

http://www.state.gov/r/pa/prs/ps/2015/04/240170.htm

 
Comment by In Colorado
2015-04-03 13:45:50

Israel would be happy to. They bombed the reactor facilities once before.

Then why are they so hell bent in dragging us into their fights?

They were very eager to have us invade Iraq, while they stayed home and watched the show.

 
Comment by Richard Warm Onger
2015-04-03 15:59:57

Do you really not know that we are stopping Israel from doing it themselves.

 
 
 
 
 
Comment by goon squad
2015-04-03 07:03:13

Read the book “The Holocaust Industry” by Norman Finkelstein

https://en.wikipedia.org/wiki/The_Holocaust_Industry

 
Comment by 2banana
2015-04-03 07:07:06

Not even a smidgen of corruption.

—————-

Menendez, Hillary Got Visas for Ecuadoran Fugitive’s Kin (OBAMA got bucks; lifted ban)
NBC-NEW YORK TV NEWS | 12/6/14 | Jonathan Dienst, Kevin Nious and Joe Valiquette

(Now under a 14-count federal indictment) US Sen. Robert Menendez (Dem-NJ) once interceded on behalf of Estafania Isaias, the daughter of a fugitive from Ecuador; the fugitive father was convicted in absentia for bank fraud. Isaias’ relatives in Florida made significant campaign donations to Democrat Menendez’s 2012 campaign, to Obama, and to the DNC.

Current and former U.S. government officials told NBC 4-TV New York that Estefania Isaias was barred from traveling to the U.S. in 2007 because she allegedly lied on visa applications in order to bring immigrants to the U.S. to work as maids at her parents’ mansion in Coral Gables, Fla.

U.S. officials alleged Estefania Isaias had falsely claimed the women were her personal business assistants. Sources familiar with the matter said U.S. consular officials in Ecuador categorized her alleged wrongdoing as a form of “human smuggling.”

Those waivers allowed her in part to visit her father Roberto Isaias in Miami where he lives and runs several businesses. Roberto Isaias is a fugitive banker fighting extradition to Ecuador, where he was convicted in absentia for allegedly embezzling millions from the Filanbanco bank he once helped run.

The Isaias family turned to Sen. Robert Menendez for help, sources said. Around that time, Isaias family members in Florida made campaign donations: more than $11,000 to Senator Menendez’s 2012 campaign, and more than $125,000 to the Obama Victory Fund and the Democratic National Committee.

—SNIP—

The NY Times later reported the Obama administration overturned the ban preventing the wealthy, politically connected Ecuadorean from entering the US…….. after her family gave tens of thousands of dollars to Democratic campaigns, and more than $125,000 to the Obama Victory Fund, according to finance records and government officials.

Estefanía Isaías, had been barred from the US after falsifying visas applications for her maids. But the ban was lifted at the request of the then-Secy of State Hillary Clinton so that Ms. Isaías could work for an Obama fund-raiser.

 
Comment by 2banana
2015-04-03 07:10:25

It is almost go time.

—————-

Greece draws up drachma plans, prepares to miss IMF payment
UK Telegraph | April 2, 2015 | Ambrose Evans-Pritchard, & Mehreen Khan

Greece is drawing up drastic plans to nationalise the country’s banking system and introduce a parallel currency to pay bills unless the eurozone takes steps to defuse the simmering crisis and soften its demands. Sources close to the ruling Syriza party said the government is determined to keep public services running and pay pensions as funds run critically low. It may be forced to take the unprecedented step of missing a payment to the International Monetary Fund next week.

Comment by Albuquerquedan
2015-04-03 07:25:42

Greece is drawing up drastic plans to nationalise the country’s banking system and introduce a parallel currency to pay bills unless the eurozone takes steps to defuse the simmering crisis and soften its demands

Parallel currency? I got it print it on toilet paper and put Obama’s face on the new drachmas. It will at least have some intrinsic value and you will have an export product to send to the U.S., Israel and the Gulf states.

Comment by Albuquerquedan
2015-04-03 09:31:11

I read Warren Buffett that, the globalist, said a few days ago that maybe the Euro zone would be better off without Greece. I think the leftist government should be very worried about that statement. It means that the PTB are now convinced that the globalist cause would be advanced more by Greece leaving and suffering badly, than by attempting to keep them within the zone. They were willing to spend hundreds of billions of Euros to keep them from leaving because they wanted to maintain the inevitability of globalism. They seem to have changed their tactics and that does not bode well for the Greek people.

Comment by SUGuy
2015-04-03 12:00:48

Warren Buffet sees profit and loss in this case like any business man.

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Comment by goon squad
2015-04-03 07:18:01

Region VIII news

http://www.nytimes.com/2015/04/04/us/colorado-furor-erupts-over-charges-filed-and-not-filed-in-grisly-attack-on-pregnant-woman.html

Note to self: when responding to Craigslist ads while seven months pregnant, bring a gun

Comment by rj chicago
2015-04-03 08:07:34

Make sure you guys keep the lib gun haters in the State house at bay first.

Comment by In Colorado
2015-04-03 13:44:13

Not to worry, the State Senate is now NRA … I mean GOP … controlled. AFAIK, since the last election there haven’t been any “gun grabbing” bills sent to the governor’s desk.

 
 
 
Comment by Housing Analyst
2015-04-03 07:32:52

“The Greek Plot Thickens; Now There’s A Threat Of IMF Default”

http://www.forbes.com/sites/timworstall/2015/04/03/the-greek-plot-thickens-now-theres-a-threat-of-imf-default/

Got weak banks?

Comment by 2banana
2015-04-03 07:46:15

Hope you don’t have any money in Greek Banks.

They are about to go Cyprus…

Comment by Raymond K Hessel
2015-04-03 07:50:42

Wonder what the capital flight and Greek bank liquidity is looking like right about now?

I love seeing these socialist chickens come home to roost.

Comment by Albuquerquedan
2015-04-03 07:55:03

I love seeing these socialist chickens come home to roost.

They will be eating pigeons and not chickens soon. The park squirrels should be scared because they are next.

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Comment by Housing Analyst
2015-04-03 08:02:33

Merely the first domino in many. And it’s not going away until the dj is paid.

 
 
Comment by Dman
2015-04-03 12:17:41

The socialists are the ones who will hopefully have the guts to tell the German banks to stuff it. What’s wrong with that?

 
 
Comment by Raymond K Hessel
2015-04-03 07:49:14

http://america.aljazeera.com/articles/2015/4/2/hot-rental-market-sparks-suspicions-of-landlord-arson-in-san-francisco.html

SAN FRANCISCO — A city official held a public hearing in March about the unusually high number of apartment fires in recent years that have hit the Mission District, the neighborhood at the center of San Francisco’s gentrification crisis. Many locals and housing rights activists believe some of the fires may be landlord arson — efforts by building owners to push out lower-income tenants in favor of higher-paying ones.

“There are a lot of suspicions on the part of some folks. Is there arson? Is there malfeasance?” Supervisor David Campos asked during the hearing. Satirical posters pasted around the neighborhood by the direct action group Gay Shame warn of the “PYROflipper,” a “time-saving app” that offers landlords in the tech-saturated city an innovative way to continue the San Francisco tradition of “burning people out of their homes for profit.”

 
Comment by Housing Analyst
2015-04-03 07:53:26

Price fixing, price supports and engineered bottlenecks work great when supply is ignored.

Not so good in reality.

Comment by goon squad
2015-04-03 08:29:01

Looks like a Realtor stole all the doughnuts

http://www.picpaste.com/IMG_20150403_084514-e2I4yE7S.jpg

Comment by Housing Analyst
2015-04-03 08:59:07

Are you suggesting realtors are thieves?

Comment by "Auntie Fed, why won't you love ME?"
2015-04-03 17:40:03

realtoRs are fatties.

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Comment by In Colorado
2015-04-03 10:46:05

Is this at the “store”? ;-)

Comment by goon squad
2015-04-03 11:50:26

My newest plate loves sampling the product I bring home. She has dreadlocks and loves to cook and bake and feed me, among other things.

The only thing we can’t enjoy together is a drink at the bar because she is only 20.

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Comment by In Colorado
2015-04-03 13:39:32

The only thing we can’t enjoy together is a drink at the bar because she is only 20.

Every silver lining has a cloud.

 
 
 
 
 
Comment by robot
2015-04-03 08:10:58

Fannie Mae to Begin Auctioning Defaulted Home Loans to Investors

Fannie Mae will begin bulk auctions of mortgages, including some sales targeted for non-profit groups and small investors, as the company moves to cut the number of non-performing loans on its books.

“These transactions are intended to reduce the number of seriously delinquent loans that Fannie Mae owns, to help stabilize neighborhoods and to offer borrowers access to additional foreclosure prevention options,” Fannie Mae Senior Vice President Joy Cianci said in a statement Thursday. “Our goal is to market these loans to a diverse range of buyers.”

The Federal Housing Finance Agency, which has overseen U.S. conservatorship of Freddie Mac and Fannie Mae since 2008, is requiring the companies to reduce the number of severely delinquent loans on their books this year. In March, the agency released a set of new rules for the sale of troubled mortgages.

http://www.bloomberg.com/news/articles/2015-04-02/fannie-mae-to-begin-auctioning-defaulted-home-loans-to-investors?cmpid=yhoo

Comment by robot
2015-04-03 08:17:53

I thought the shadow inventory is huge. But the MSM rarely talk about it in recent years, people tend to forget about it. Anyone has any info about the shadow inventory?

 
Comment by Housing Analyst
2015-04-03 08:18:30

How many million?

Comment by robot
2015-04-03 08:32:46

Not sure, but how big a difference will it make if it is 1m or 2m?

Comment by Housing Analyst
2015-04-03 08:33:49

Good point. It might if its 1 million or 20 million though.

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Comment by Prime_Is_Contained
2015-04-03 08:31:50

including some sales targeted for non-profit groups and small investors,

Doesn’t that limitation pretty much guarantee that they will not be getting the best price for the taxpayer that an outright auction would generate?

Comment by robot
2015-04-03 08:37:11

taxpayer is on the lower end of their priorities, that is why taxpayer will lose.

Comment by Housing Analyst
2015-04-03 08:48:02

It’s seems typical for housing in US. It’s a price fixing scheme by transfering the assets to a middleman.

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Comment by "Auntie Fed, why won't you love ME?"
2015-04-03 17:37:45

It means they are sick of paying the carrying costs on their overpriced junk. They need to sell them now.

 
 
Comment by robot
2015-04-03 08:41:05

the shadow inventory is a major reason that causes the housing shortage. the MSM has reported the shortage for a while, but they blame the weather and other tiny things

 
Comment by 2banana
2015-04-03 09:39:49

Not one FB dollar will be allowed to escape

Comment by Housing Analyst
2015-04-03 09:49:31

That’s right. Not a single dollar. Look no further than the student loan death sentence.

 
 
Comment by Raymond K Hessel
2015-04-03 10:06:58

And when these “investors” walk away, the Fed will buy up the toxic mortgages (again) and stick the taxpayers with them (again). And the sheeple will STILL go on voting for Wall Street’s Republicrat errand boys even while they’re getting bent over and reamed, again.

You can’t fix stupid.

Comment by robot
2015-04-03 10:20:13

the fed will make the US look like roman empire

Comment by Housing Analyst
2015-04-03 10:22:19

It already does.

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Comment by rj chicago
2015-04-03 08:20:32

Good, Good Friday folks!!
May this Easter be a blessed one for you and yours!!

And now your daily read from Chicago ILLANNOY!!!

http://kristiculpepper.tumblr.com/post/114712372952/how-chicago-has-used-financial-engineering-to

 
Comment by goon squad
Comment by Albuquerquedan
2015-04-03 08:46:38

When they start crying to the U.S. government that they want illegals deported to save water, we will know it is serious, until then, it is just karma.

 
Comment by In Colorado
2015-04-03 09:43:57

If you like your unflushed toilet, you can keep your unflushed toilet.

 
 
Comment by Bring Back the WPA
2015-04-03 08:27:36

LOL, this succinctly sums up what happened:
http://hrld.us/1IZZLu8

 
Comment by phony scandals
2015-04-03 08:27:57

On this Good Friday before Easter Sunday it is only right that we revisit..

‘the greatest lie ever told’

Rise of sea levels is ‘the greatest lie ever told’

The uncompromising verdict of Dr Mörner is that all this talk about the sea rising is nothing but a colossal scare story, writes Christopher Booker.

Christopher Booker

6:25PM GMT 28 Mar 2009

If one thing more than any other is used to justify proposals that the world must spend tens of trillions of dollars on combating global warming, it is the belief that we face a disastrous rise in sea levels. The Antarctic and Greenland ice caps will melt, we are told, warming oceans will expand, and the result will be catastrophe.

Although the UN’s Intergovernmental Panel on Climate Change (IPCC) only predicts a sea level rise of 59cm (17 inches) by 2100, Al Gore in his Oscar-winning film An Inconvenient Truth went much further, talking of 20 feet, and showing computer graphics of cities such as Shanghai and San Francisco half under water. We all know the graphic showing central London in similar plight. As for tiny island nations such as the Maldives and Tuvalu, as Prince Charles likes to tell us and the Archbishop of Canterbury was again parroting last week, they are due to vanish.

But if there is one scientist who knows more about sea levels than anyone else in the world it is the Swedish geologist and physicist Nils-Axel Mörner, formerly chairman of the INQUA International Commission on Sea Level Change. And the uncompromising verdict of Dr Mörner, who for 35 years has been using every known scientific method to study sea levels all over the globe, is that all this talk about the sea rising is nothing but a colossal scare story.

Despite fluctuations down as well as up, “the sea is not rising,” he says. “It hasn’t risen in 50 years.” If there is any rise this century it will “not be more than 10cm (four inches), with an uncertainty of plus or minus 10cm”. And quite apart from examining the hard evidence, he says, the elementary laws of physics (latent heat needed to melt ice) tell us that the apocalypse conjured up by Al Gore and Co could not possibly come about.

The reason why Dr Mörner, formerly a Stockholm professor, is so certain that these claims about sea level rise are 100 per cent wrong is that they are all based on computer model predictions, whereas his findings are based on “going into the field to observe what is actually happening in the real world”.

Comment by Dman
2015-04-03 08:55:40

Then where have all the snowballs gone?

Comment by goon squad
2015-04-03 09:30:09

Winter Park got 4 inches of new global warming last night, I’m skiing there tomorrow (people with mortgages can’t ever do this because they are BROKE)

 
 
Comment by Bring Back the WPA
2015-04-03 09:28:36

Thanks Phony. I don’t know what I’d do without your daily serving of pseudo-science that tries to disprove climate change. Too bad the “retired professor” has it wrong, actual measurements show the sea level is indeed rising:

http://climate.nasa.gov/vital-signs/sea-level/

Comment by phony scandals
2015-04-03 09:57:22

I like NASA.

I think they have someone like Peyton Manning revamping their failed climate predictions now.

OMAHA! OMAHA!

Winter snow! Warming under ocean! Late Spring! Late Spring!

Hut! Hut!

NASA - What’s the Difference Between Weather and Climate?

February 1, 2005

When we talk about climate change, we talk about changes in long-term averages of daily weather. Today, children always hear stories from their parents and grandparents about how snow was always piled up to their waists as they trudged off to school. Children today in most areas of the country haven’t experienced those kinds of dreadful snow-packed winters, except for the Northeastern U.S. in January 2005. The change in recent winter snows indicate that the climate has changed since their parents were young.

If summers seem hotter lately, then the recent climate may have changed. In various parts of the world, some people have even noticed that springtime comes earlier now than it did 30 years ago. An earlier springtime is indicative of a possible change in the climate.

http://www.nasa.gov/mission_pages/noaa-n/climate/climate_weather.html - 75k -

 
Comment by Albuquerquedan
2015-04-03 10:07:58

Scary graph to you realize that 62mm = 2.44 inches. You want the world to spend trillions of dollars per year to prevent 2.44 inches of rising? Particularly, since the warming can be explained 90% plus by natural factors, meaning that only .24 inches was caused by man. We have a lot more important things to spend money on.

Comment by Albuquerquedan
2015-04-03 10:19:33

P.S. that 66 mm rise was over a twenty year period. Tell you what, when the rise would make you a porno star, I will support a carbon tax and the EPAs right to regulate co2 emissions but in the meantime they should be scrapped.

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Comment by In Colorado
2015-04-03 10:50:38

Scary graph to you realize that 62mm = 2.44 inches.

If you’re saying that we’ll all be dead before Miami is under water, then yeah, that’s probably true. It’s “someone else’s problem”, I suppose.

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Comment by In Colorado
2015-04-03 10:52:16

And since I’m living at 5000 ft above sea level I could also not care about coastal flooding, even if it does happen in my lifetime.

 
Comment by Albuquerquedan
2015-04-03 11:01:14

If you’re saying that we’ll all be dead before Miami is under water, then yeah, that’s probably true.

Actually, I do not know whether that will happen in the next 100,000 years. We are getting close to the end of this interglacial period. Usually we warm another 2 degrees Celsius but that is looking increasingly unlikely. Thus, under the normal cycles the glaciers will be reforming and ocean levels will be dropping not increasing. If Denver has flooding it will be due to increased moisture but none of this will happen within the human lifecycle even if science does get us out much further than we live today. Short of almost immortality, we will not witness any of this.

 
Comment by Dman
2015-04-03 12:22:32

“We are getting close to the end of this interglacial period.”

Then wouldn’t that mean that temperatures would be getting colder, the exact opposite of what is actually happening?

 
Comment by In Colorado
2015-04-03 13:37:34

Actually, I do not know whether that will happen in the next 100,000 years.

Given that you are a lawyer and not a scientist, that isn’t surprising. Maybe you should leave science to scientists, and stick to working with man made laws.

 
 
 
Comment by "Auntie Fed, why won't you love ME?"
2015-04-03 17:33:05

This is why lawyers and scientists never get along.

 
 
Comment by Oddfellow
2015-04-03 18:17:41

Dr. Morner seems a bit of a nut:

“Mörner’s claim that sea levels are not rising has been criticised for ignoring correctly calibrated satellite altimeter records, all of which show that sea levels are rising.[18]

Views on dowsing[edit]
Mörner has written a number of works claiming to provide theoretical support for dowsing.[19] He was elected “Deceiver of the year” by Föreningen Vetenskap och Folkbildning in 1995 for “organizing university courses about dowsing…”.[3] In 1997 James Randi asked him to claim the One Million Dollar Paranormal Challenge, making a controlled experiment to prove that dowsing works.[20] Mörner declined the offer.[21]”

wikipedia

 
 
Comment by Housing Analyst
2015-04-03 08:29:55

Take your losses and take them now. They only grow if you wait.

 
Comment by goon squad
2015-04-03 09:01:34

Running a campaign office from Brooklyn will never make Hillary “cool”

http://www.bloomberg.com/politics/articles/2015-04-03/hillary-clinton-inks-deal-for-brooklyn-cool-offices

Comment by Raymond K Hessel
2015-04-03 10:08:42

She can count on the blind support of millions of stupid people who would vote for Satan himself if he had a “D” after his name on the ballot.

Comment by Albuquerquedan
2015-04-03 10:36:57

Wasn’t Obama the anti-Christ so I think Satan is due next?

 
Comment by In Colorado
2015-04-03 10:53:43

She can count on the blind support of millions of stupid people who would vote for Satan himself if he had a “D” after his name on the ballot.

Just like the GOP candidate would get votes if he was Lucifer (or Rmoney)

 
 
 
Comment by Housing Analyst
2015-04-03 09:13:55

California Sale Prices Fall Month Over Month Every Month Since July 2014

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

 
Comment by phony scandals
2015-04-03 09:38:01

Look out for Flakka in your Easter eggs.

Comment by In Colorado
2015-04-03 10:29:12

Meet Flakka, The Dangerous New Drug Sweeping Florida

http://time.com/3768667/flakka-drug-florida/

Floriduh. Why am I not surprised.

Comment by goon squad
2015-04-03 12:02:43

It’s a good thing Sheldon Adelson spent $5,000,000 of his own money to defeat the 2014 Florida medical marijuana ballot initiative

That’s some small, small government and low, low taxes right there

 
Comment by phony scandals
2015-04-03 16:16:23

“Floriduh. Why am I not surprised.”

I have only heard about one face chewing in Florida

You have a rash of explosions thanks to those brilliant Colorado homemade hash makers.

Why am I not surprised.

Hash explosions prompt proposed changes in legal pot states

By KRISTEN WYATT and GENE JOHNSON Associated Press
Published: April 3, 2015; Last modified: April 3, 2015 02:17PM

DENVER — Alarmed by a rash of explosions and injuries caused when amateurs make hash, lawmakers in Colorado and Washington are considering spelling out what’s allowed when it comes to making the concentrated marijuana at home.

The proposals came after an increase in home fires and blasts linked to homemade hash, concentrated marijuana that can be inhaled or eaten.

In Colorado, at least 30 people were injured last year in 32 butane explosions involving hash oil — nearly three times the number reported throughout 2013, according to officials with the Rocky Mountain High Intensity Drug Trafficking Area, a state-federal enforcement program.

Comment by goon squad
2015-04-03 16:41:33

Legalize it in all 50 states and this won’t be a problem anymore

A lot (Alot) of pookies burned their fingers with coke and crack in the 1980’s and 1990’s too, but that’s what you get for getting strung out on such a shit drug…

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Comment by "Auntie Fed, why won't you love ME?"
2015-04-03 17:30:54

I guess house insurance will be going up in Colorado, then.

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Comment by Raymond K Hessel
2015-04-03 13:04:43

I just finished filing my taxes, which cost me an extra $25 in preparation fees and the aggravation of filing out a signed statement proving I had health insurance. To all who voted for Obama and the overreaching socialist abomination known as Obamacare, f*** you. When this house of cards comes collapsing down under the weight of its own fraud, I truly pity any Obama Zombie who comes to me for help.

Comment by In Colorado
2015-04-03 13:33:21

Really? Signing an extra form that TurboTax automatically generates is onerous?

 
Comment by Selfish Hoarder
2015-04-03 16:53:15

Congrats! I owe an additional $tens of thousands this year. But it was due to realized gains. I expected it and it is covered by a transfer of funds already into a checking account!

 
Comment by phony scandals
2015-04-03 19:30:48

Talked to a guy today who just filed his taxes and does not have health insurance, cost him $750.00

 
 
Comment by goon squad
2015-04-03 16:29:38

The Kinks - Waterloo Sunset:

https://www.youtube.com/watch?v=N_MqfF0WBsU

Comment by Housing Analyst
2015-04-03 16:40:00

What about Lola?

 
Comment by goon squad
2015-04-03 16:49:32

England, Britpop, circa 1995, the Verve - A Northern Soul (entire album)

https://www.youtube.com/watch?v=7Za1jEpqCDc

 
 
Comment by azdude
2015-04-03 16:54:08

I’m excited to buy some more over priced assets next week.

 
 
Comment by Raymond K Hessel
2015-04-03 17:10:27

If the California drought goes for years with no relief in sight, what will be the magnitude of the real estate collapse, and how many millions of Californians will come streaming out to infest the rest of the nation?

http://theeconomiccollapseblog.com/archives/how-many-people-will-have-to-migrate-out-of-california-when-all-the-water-disappears

 
Comment by Housing Analyst
2015-04-03 17:15:16

I’m really detecting alot of rage over falling prices around here lately. Lola? Liberace? Rental_Fraud? Jingle_Fraud? Ban? Have you talked to your therapist about it?

Comment by "Auntie Fed, why won't you love ME?"
2015-04-03 17:27:10

Their therapists basically told them to quit whining.

 
Comment by Jingle Male
2015-04-04 12:54:59

No whining here. I am refinancing 4 properties this month, reducing my effective interest rate from 5.06% combined, to 3.75%. N.O.O. rates are almost the same as Owner Occupied, so it finally makes sense, as the cost is almost zero.

My cash flow will go from $2,100/month to $2,900/month. My principal reduction will occur even faster with the lower rates too! The residents in these properties will enjoy flat rent for as long as they would like to stay. Win/win!

Comment by Housing Analyst
2015-04-05 04:23:22

You’re a degenerate gambler Jingle_Fraud.

 
 
 
Comment by "Auntie Fed, why won't you love ME?"
2015-04-03 17:25:29

Comment by Combotechie
2015-04-02 06:11:45

A mere two weeks ago (March 20) our solar system endured and survived a solar eclipse and so now this same solar system will have to experience (and hopefully survive) a “blood moon” lunar eclipse?

Shirley, the End Times are at hand.

What to do? Maybe go to cash? Will that be enough?

Reply to this comment

Comment by “Auntie Fed, why won’t you love ME?”
2015-04-02 23:40:31

The survivors will be those who were true to diet Coke. Pepsi drinkers and tea-totallers will be obliterated. Their body parts will be everywhere! The rest of us will have to hose everything off.

 
Comment by Housing Analyst
2015-04-03 17:34:35

Keyyyyyyyyyyyyrank it up to 11.

https://youtu.be/2Hgz-q76KtQ

 
Comment by Raymond K Hessel
2015-04-03 18:59:27

Ready to bail out more deadbeat “victims”? Obama is always happy to be generous at taxpayer expense.

http://www.businessinsider.com/corinthian-college-students-dont-want-to-be-on-the-hook-for-their-debts-2015-4

 
Comment by Tarara Boomdea
2015-04-03 19:05:50

Bill would loosen restrictions on banks regarding foreclosures
Updated: Apr 03, 2015 6:22 PM PDT

LAS VEGAS — A bill that would allow banks to give more loans and release restrictions on foreclosures is being discussed in the state assembly.
The assembly judiciary committee heard arguments on Assembly Bill 282 on Friday.

Opponents of the bill say it will lead to more foreclosures and weaken Nevada’s Homeowner’s Bill of Rights – which put restrictions on banks regarding homes in foreclosure…Opponents say the bill would remove the ability for the state to sanction banks for committing fraud, such as foreclosing on homes when they don’t need to be foreclosed on.

Supporters of the bill say it could facilitate the sale many abandoned homes across the valley.

“Approximately 40,000 houses in Clark County have water meters set but are disengaged,” said realtor Mark Rollie.

The Nevada Bankers Association supports the bill, while the Greater Las Vegas Association of Realtors says they will wait before making an opinion.

snip…

There is a lot of support for the bill in the state assembly — 17 assemblymen sponsor AB 282.

Also, just driving around Las Vegas:
Real Life Zombie Encounter Up Close & Personal!
April 2, 2015

 
Comment by phony scandals
2015-04-03 19:15:16

Boston Bombing: Marky Mark to Produce Film Celebrating Martial Law Takeover of Watertown

Upcoming motion picture likely to justify evisceration of Fourth Amendment

by Adan Salazar | Infowars.com | April 3, 2015

Musician turned actor Mark Wahlberg and CBS Films are set to make a movie commemorating the events following the Boston Marathon bombing, including the subsequent martial law-style lockdown of the Watertown suburb.

Rumored to be an “intense thriller,” the upcoming film Patriots’ Day will span “the five-day search up to the infamous siege where Dzhokhar Tsarnaev was pulled from a boat in Watertown, Massachusetts,” according to The Wrap.

The script will reportedly be based on first-hand accounts from Boston Police Commissioner Ed Davis, who spearheaded local law enforcement efforts and press conferences amid the protracted siege.

Following the alleged detonation of pressure cooker bombs at the 2013 Boston Marathon, a massive manhunt for the responsible parties ensued, culminating in the unprecedented lockdown of an entire American suburb.

Former Congressman Ron Paul encapsulated the harrowing events perfectly, asserting police actions that day “should frighten us as much or more than the attack itself”:

“Forced lockdown of a city. Militarized police riding tanks in the streets. Door-to-door armed searches without warrant. Families thrown out of their homes at gunpoint to be searched without probable cause. Businesses forced to close. Transport shut down.

“These were not the scenes from a military coup in a far off banana republic, but rather the scenes just over a week ago in Boston as the United States got a taste of martial law.”

627 comments

derp • 7 hours ago

Marky Mark, same douchbag that refused to shake Charlton Heston’s hand on Hollywood Set due to Heston’s 2nd Amendment Beliefs. Same douchbag seeking pardon for his felonious violent assault so he can become reserve deputy and carry firearm anywhere in USA. What a hypocrite fascist douchbag poser.

http://www.infowars.com/…/ - 88k -

Comment by TBoom
2015-04-03 19:23:05

Comment by phony scandals
2015-04-03 19:15:16

Boston Bombing: Marky Mark to Produce Film Celebrating Martial Law Takeover of Watertown
infowars.com/boston-bombing-marky-mark-to-produce-film-celebrating-martial-law-takeover-of-watertown/

 
 
Comment by Professor Bear
2015-04-03 23:00:16

Is it safe to assume the dollar will tank on Monday while Wall Street has a massive rally, thanks to the dawning realization that no rate hikes are going to happen in 2015?

 
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