“Frustrated green scientists and environmental activists may be at risk of depression. Konrad Marshall meets the experts and advocates shedding light on the intersection of climate change and mental health.”
Here’s something I found especially interesting:
“Berry mentions that research has also shown that certain types of people are drawn to political activism, including people with or prone to mental health problems, so she is cautious about making what may well be spurious associations.”
” certain types of people are drawn to political activism, including people with or prone to mental health problems”
That’s for sure. Politics gives nuts an outlet for their fears and anxieties. Like the fear that the scientists of the world are involved in a worldwide conspiracy against them.
‘Politics gives nuts…fears and anxieties…Like the fear…worldwide conspiracy’
Somebody got up on the wrong side of the bed this morning.
I thought this was interesting from yesterday:
‘Not that again. The right wing’s “audit” of the Fed was exposed a long time ago to not be a real audit at all. The Fed’s books are regularly audited and have been for some time. The “audit” was an excuse for Congress to try to force Yellen to change the Fed’s actions.’
Let’s look at this. Not that again; stop speaking your mind. Right wing; dismiss this thought entirely. Exposed; a plot that has been uncovered. Excuse; another plot! Force; make her do something against her will and likely against the public interest.
I passed the CPA exam. I was a public and private accountant. Anybody who says they shouldn’t be audited, or have audits made public is a lying snake. And for a corporation, private corporation mind you, that has control of our money to say a such a thing, is intolerable.
I posted that passage. I concur with Sen. Warren: “I strongly support and continue to press for greater congressional oversight of the Fed’s regulatory and supervisory responsibilities, and I believe the Fed’s balance sheet should be regularly audited – which the law already requires. I oppose the current version of this bill because it promotes congressional meddling in the Fed’s monetary policy decisions, which risks politicizing those decisions and may have dangerous implications for financial stability and the health of the global economy.”
It is indeed puzzling that HBB’ers refuse or cannot make the distinction between an objective, factual audit and a Congressional hearings used to harass and cajole. For reference, ask the victims of Sen. McCarthy.
‘congressional meddling in the Fed’s monetary policy decisions’
Congress is legally obligated to oversee the central bank.
‘may have dangerous implications for financial stability and the health of the global economy’
Oh yeah, they sure have been a bedrock of stability and health.
‘ask the victims of Sen. McCarthy’
Oh Jeebus, it’s just an audit. You know, transparency? It’ll be OK, some things might have to change because we know what’s going on. We might even find better policy.
Comment by Raymond K Hessel
2015-07-11 07:59:42
oppose the current version of this bill because it promotes congressional meddling in the Fed’s monetary policy decisions, which risks politicizing those decisions and may have dangerous implications for financial stability and the health of the global economy.”
Nothing so clearly unmasks Fauxahontus as a fraud as her opposition to a real audit of the Fed. And speaking of “dangerous implications,” since its 1913 inception the Fed has by design been faciliating the massive wealth transfer from the 99% to its .1% cronies in the financial sector - something any GENUINE champion of the middle class would be genuinely infuriated about - while debasing the dollar and saddling future generations with crippling, unpayable debts.
End the Fed!
Comment by beetlejuice
2015-07-11 08:00:50
Warren - Mental illness
What ails her supporters?
Comment by Trickle Up Not Down
2015-07-11 08:26:02
Righties can’t be pointing fingers about nutcases being obsessed with politics. (cough cough) Dylann Roof (cough cough).
Comment by Neuromance
2015-07-11 08:26:16
Ben Jones: Oh Jeebus, it’s just an audit. You know, transparency? It’ll be OK, some things might have to change because we know what’s going on. We might even find better policy.
The Fed wants to operate as The Wizard Of Oz - the “man behind the curtain.” It gives them the power to create illusions of market forces which they believe can guide the economy in a way which they consider positive.
Take the China central bank. Totally opaque, a total black box. They can subtly intervene in the market to effect many market illusions.
On the other hand, manipulation of the money supply cannot fake value. By value, I mean that which provides non-speculative benefits to people via consumption or investment. However, many economic pundits today see no difference between speculative value (purchasing an item for resale for a higher price later) and non-speculative value (purchasing an item for consumption or investment).
Speculative booms are like ponzi schemes - pyramid-type growth, where those who entered early stand to profit the most, and once there are no more purchasers (which is the source of the value) people start trying to obtain the speculative value from resale by faster sell-offs.
Being able to differentiate between speculative and non-speculative value is important. And building an economy on speculative value is like building an economy on a ponzi scheme.
It may be true that employment goes up during a speculative boom - but the value comes from the resale of the speculative item at higher and higher prices - like a pyramid. And the inevitable (right?) result is that at some point, there are insufficient purchasers to provide that speculative value, then more and more people start trying to realize the value of their purchase by turning it into currency.
The ability of an economic entity to create market illusions (with public money) is near and dear to the heart of many policy makers.
You may not have an interest in politics, but politics has a huge interest in you. As a voluntaryist my goal is a world without politicians (rulers), ergo a world without politics. As Larken Rose mentioned though, it is not the Rulers we have to worry about, it is the millions of people who hallucinate them to such power. Vacate the vote. For the whole world to stop consent it is as easy as you no longer voting.
You’re going to be disappointed. Any time you have more than 5 people in a room, you have politics.
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Comment by oxide
2015-07-11 10:01:50
He’s going to be even more disappointed when he discovers that he’s not going to survive the lack of politicians as well as he thinks. Well, I guess he could outswim them.
Comment by Selfish Hoarder
2015-07-11 14:28:22
Nope. I come from a family of six. There was no politics.
‘We are clearly dealing with an unprecedented green mirage and con job. It will drive average retail electricity prices from the 8-9 cents per kilowatt-hour in coal and gas-reliant states, to the 15-17 cents per kWh in California, Connecticut and New York – or even the 36-40 cents in Germany and Denmark, where unsubsidized rates are 70-80 cents per kWh! The impact of such prices on people’s jobs, living standards, health and welfare would be devastating.’
That’s what depresses the scientists. How well the people who really make money from climate change (the fossil fuel industry) have warped the debate. You can see why it gives them little hope for the future.
‘How well the people who really make money from climate change (the fossil fuel industry) have warped the debate.’
I’ll tell you why I ignore it; nobody is serious. I hear people say pollution is bad. I agree. The solution, take my money. I don’t agree.
You know what is the biggest contributor to pollution? Globalism. One look at the air in China during the Olympic games showed that. So how many of these scientists are against globalism?
I’ll mention one example I’ve posted here before. Years ago I had a conversation with a guy in South Texas. He was a US citizen but worked for what they used to call Cemento de Mexico. They had just finished a highway job near Victoria. He explained that they had the cement shipped from Korea, through the Panama canal.
Texas is covered in limestone, which is a big part of cement. But CEMEX had gotten the bid because they could shave the cost of cement a bit by bringing it from Korea. Now think about how much pollution was generated by shipping tons and tons of what’s basically rock, to a place covered in the same rock.
Until I hear someone, anyone, seriously address such absurdity I’m going to ignore it.
Comment by Pangolin
2015-07-11 07:22:04
For the past 50 years fat and cholesterol were blamed by “scientists” and doctors as being unhealthy and the cause of heart disease. That has now been shown to be a myth. But it’s legacy is so strong that the newest findings are ignored by many many many doctors and scientists.
Just because it is conventional wisdom doesn’t mean it is right, not even close.
Comment by Albuquerquedan
2015-07-11 07:35:20
It is worse than that people like my father who died of cardiovascular disease was told by his doctor to switch from butter to margarine. We now know that trans fats in margarine were far worse than real butter. But 99% plus of scientists or doctors would have told you otherwise forty years ago.
Comment by Oddfellow
2015-07-11 07:53:44
” 50 years fat and cholesterol were blamed by “scientists” and doctors as being unhealthy and the cause of heart disease”
I agree, and that’s a good cautionary example. One thing to remember about the high fat and cholesterol ‘problem’ was that the falsely-perceived solution favored Big Ag: Everyone eat more carbs (corn, wheat, rice) and more processed ‘low fat’ foods. If science thought there was global cooling and that we needed to burn lots of oil to remedy it, there would be no push back from industry. It would be accepted science by now.
Second, while the western diet and its problems may seem to us like something that is widely studied, it’s actually a very small area of science, unlike the problem of climate change, which affects everybody, and is therefore studied (and proven) by scientists in countless fields of science around the world: biology, microbiology, marine biology, forestry, agronomy, entomology, et cetera.
Two better analogies would be acid rain and the hole in the ozone layer. Two problems that were potentially devastating, that were identified by science, and that were mostly solved by rational action on the part of everyone, without any of the major disruptions that some predicted at the time. We can still spray deodorant under our arms, and turn on our air conditioning when it’s hot.
Comment by Albuquerquedan
2015-07-11 08:01:34
I believed in both acid rain and the depletion of the ozone and supported efforts to address both. The science was sound and the correlations indisputable. They are poor examples since they were quickly addressed and the solutions had bipartisan support.
Comment by Oddfellow
2015-07-11 08:59:34
” They are poor examples since they were quickly addressed and the solutions had bipartisan support.”
So what happened to science since then that has caused the scientists of the world to now seek global domination through a monstrous conspiracy?
‘that has caused the scientists of the world to now seek global domination through a monstrous conspiracy’
It’ a tax.
Comment by Albuquerquedan
2015-07-11 09:12:24
And that is probably why we have caught scientists altering data, hiding data and keeping people with alternative views from publishing. We have the e-mails and we have seen the data being changed. Nothing has ever happen like this in the scientific arena in our life times before, things have changed.
Comment by Oddfellow
2015-07-11 09:30:26
What caused the change?
Obama?
Comment by Albuquerquedan
2015-07-11 11:27:28
Started before Obama, the globalist have been trying to use it to justify a massive transfer of wealth from the developed to developing world since the 1980s. Gore was certainly part of that group. However, Obama has inflicted more damage on ratepayers and taxpayers than all the previous presidents put together. Actually, I wonder since the AGW crowd by and large assert that the alternative energy sources are competitive with the fossil fuel sources and are getting quickly cheaper, why does the developed world have to transfer 100s of billions of dollars per year to the sh#tholes if the alternative energy sources are cheaper? Seems like the problem is solved and there is no need for bigger and bigger government and more and more taxes.
Comment by RioAmericanInBrasil
2015-07-11 11:33:35
Obama has inflicted more damage on ratepayers and taxpayers than all the previous presidents put together.
Today’s dumbest post.
Comment by Albuquerquedan
2015-07-11 11:43:06
Refute the fact that he has provided more subsidies or the fact that electric rates have risen much faster than inflation.
Comment by RioAmericanInBrasil
2015-07-11 11:56:37
he has provided more subsidies or the fact that electric rates have risen much faster than inflation
Oh yea. You’re right. I forgot.
Because some electric rates have risen faster than inflation Obama has inflicted more damage on ratepayers and taxpayers than all the previous presidents put together.
(I forgot how dogma free you are, how you don’t spout hyperbolic propaganda and how good you are at math, trends and history.)
My bad.
Comment by Oddfellow
2015-07-11 12:19:22
I’m still not clear how Obama and Gore get scientists in the west as well as in Russia, China, Iran to join their conspiracy.
Comment by sleepless_near_seattle
2015-07-11 13:08:54
“to justify a massive transfer of wealth from the developed to developing world”
What would be the point of doing this? If the developed world has the power, why would they vote for this?
Comment by measton
2015-07-11 20:35:24
Did we quite when the German’s bombed Pearl Harbor.
Easy to ignore it for now. Later on it will get your attention there in Arizona when it’s over 130 F and sand comes out of your faucet.
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Comment by Albuquerquedan
2015-07-11 07:58:03
And can you put a timeframe on that prediction?
Comment by AmazingRuss
2015-07-11 08:23:04
This is your kid’s problem, not mine.
Comment by Albuquerquedan
2015-07-11 08:54:34
At the rate we are warming it is the problem of people that will be born 500 years from now, of course we will have run out of fossil fuels long before that so it is a problem that solves itself without big government and more taxes but crony capitalists need to make more money.
My point is nothing is being done about it. It doesn’t matter what I say or do. Look at this exchange this morning; I point out that globalism is the biggest contributor to pollution and you talk about sand coming out of faucets. Pollution is increasing. It will continue to do so, as China and others are adding cars at an astounding rate. You want to cut down on pollution? Make stuff where you are going to use it.
This reminds me of what one woman said about stopping the shark attacks in North Carolina; don’t swim in the ocean.
Can you visualize how much energy was burned to do this? And they don’t create nor use energy in an efficient manner, nor an ecological one.
Comment by Oddfellow
2015-07-11 10:39:57
My point is, it’s not exiting the WTO that would reduce pollution, it would require the subsequent introduction of tariffs and the like and a concurrent reduction in pollution that may or may not actually occur. So that’s really a whole separate issue with its own political theatre, which has thus far convinced us, or at least our supposed reps, that “free trade” is good.
But that’s a separate issue from whether man-made climate change is occurring. Making the one dependent on the other is what makes the scientists of the world depressed. Yes, there are challenges in dealing with global warming, but let’s at least admit it’s going on, and work from there. Like we did with acid rain and the hole in the ozone layer.
Comment by Mafia Blocks
2015-07-11 11:26:11
Nonsense. You’re just looking to punish the haves because you’re a have not.
Comment by Oddfellow
2015-07-11 11:29:53
Think of it this way, global warming may be the issue that finally makes the average voter rethink the supposed benefits of “free trade” cement from across the sea.
The impact of such prices on people’s jobs, living standards, health and welfare would be devastating.
The impact on USA’s people would be fine if USA’s median income had kept up with productivity the past 40 years.
Our income greatly lagged productivity because of policies put in place to favor the rich. (SupplySideTrickleDownTaxCutsForTheRichUnionBustingFreeTradeLafferCurve etc.)
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Comment by scdave
2015-07-11 11:22:05
Our income greatly lagged productivity because of policies put in place to favor the rich ??
Plus, the great recession gutted what remained of the little wealth the middle class did have leaving them with pretty much income only…And guess who picked through the ashes and gained the most….
Comment by Mafia Blocks
2015-07-11 12:42:07
And you’re right there cheerleading for more of the same.
money_hole Guest essay by Paul Driessen and Tom Tamarkin
Elon Musk and his fellow barons of Climate Crisis, Inc. recently got a huge boost from Pope Francis. Musk et al. say fossil fuels are causing unprecedented warming and weather disasters. The Pope agrees and says Catholics must “ask God for a positive outcome” to negotiations over another UN climate treaty.
It matters not that the predicted calamities are not happening. There has been no warming in 19 years, no category 3-5 hurricanes making US landfall for a record 9-1/2 years, indeed none of the over-hyped climate disasters occurring in the real world outside the alarmists’ windows. In fact, poor nations support the treaty mostly because it promises some $100 billion per year in adaptation, mitigation and compensation money from FRCs: Formerly Rich Countries that have shackled their own job creation, economic growth and living standards in the name of stabilizing Earth’s perpetually fluctuating climate.
Any money that is transferred will end up in the pockets of governing elites. Poor families will get little or no cash – and will be told their dreams of better lives must be limited to jobs and living standards that can be supported by solar panels on their huts and a few wind turbines near their villages.
Simply put, the Musk-Obama-Pope-Climate Crisis schemes will save humanity from exaggerated and fabricated climate disasters decades from now – by impoverishing billions and killing millions tomorrow.
For the catechism of climate cataclysm coalition, the essential thing is that we believe the hysterical assertions and computer models – and support endless renewable energy mandates and subsidies.
Musk and his Tesla and SolarCity companies have already pocketed $4.9 billion in taxpayer-financed subsidies, and even long-elusive profitability has not ended the handouts. Now he claims a small “blue square” on a map represents the “very little” land required to “get rid of all fossil fuel electricity generation” in the USA and prevent a non-existent climate cataclysm. We just need rooftop solar panels linked to wall-mounted battery packs – a mere 160 million Tesla Powerwalls – to eliminate the need for all coal and natural gas electricity generation in the United States, he insists.
Hogwash (from pork barrel political pig farms). As this careful and extensive analysis demonstrates, even without considering the monumental electricity demand required to convert America’s vehicles to electric-battery versions, providing today’s baseload and peak demand electricity would require 29.3 billion one-square-meter solar panels. Assuming adequate yearlong daily sunlight, that’s 29,333 square kilometers of active solar panel surface area: 7.2 million acres – or nearly all of Maryland and Delaware!
The analysis is technical, beyond the ability of most voters, journalists, politicians and regulators to comprehend fully. Read it anyway, if only to understand the enormity of financing, raw materials, mining, manufacturing and electricity required to make and ship the panels (some 40 million per year), battery packs and inverters (to convert low-voltage solar electricity to 120 or 240 Volt alternating current).
We are clearly dealing with an unprecedented green mirage and con job. It will drive average retail electricity prices from the 8-9 cents per kilowatt-hour in coal and gas-reliant states, to the 15-17 cents per kWh in California, Connecticut and New York – or even the 36-40 cents in Germany and Denmark, where unsubsidized rates are 70-80 cents per kWh! The impact of such prices on people’s jobs, living standards, health and welfare would be devastating. But Musk and his “clean” energy friends ignore this
Climate Central Jan 6, 2015 - The 10 warmest years on record globally have all happened since 1998, with 2014 on top as the warmest of all.
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Comment by Albuquerquedan
2015-07-11 11:30:18
If you believe the altered land data, but even if you believe all those years are within a few hundreds of a degree within the margin of error so any sane person would conclude there has been no warming.
Comment by RioAmericanInBrasil
2015-07-11 11:42:36
any sane person would conclude there has been no warming
I know. 98% of climate scientists are actually insane. It’s one of the requirements these days to be accepted into a PhD program in the fields of climate research.
(Except at Boise State)
Comment by Albuquerquedan
2015-07-11 12:33:08
The vast majority of scientists admit to the “pause” it took them too long and many tried to hide it but they admit to it. You are the outlier by trying to deny it.
Comment by RioAmericanInBrasil
2015-07-11 13:07:47
scientists admit to the “pause”
Here’s a “pause” in rising temps from 1880 until 1920 and another “pause” from 1940 until 1980. But you know what? Even with those pauses, the trend has been going up for well over a century. That’s how big-picture trends work.
“The 10 warmest years on record globally have all happened since 1998, with 2014 on top as the warmest of all.”
Comment by redmondjp
2015-07-11 21:28:35
So somebody explain the medieval warming period, and the little ice age.
I suppose we can blame those on mankind as well?
What’s that? We can’t?
So how do we know that we’re not having a completely naturally-occurring warming period then?
And Ben is 100% correct. We could nuke the western world off the map, and the CO2 from China alone would still be the dominant man-made global contribution. So why should we even bother to do anything in the US? It. Doesn’t. Matter.
“Sun’s activity influences natural climate change, ice age study shows”
An excerpt:
“‘Reduced solar activity could lead to colder winters in Northern Europe. This is because the sun’s UV radiation affects the atmospheric circulation. Interestingly, the same processes lead to warmer winters in Greenland, with greater snowfall and more storms. The study also shows that the various solar processes need to be included in climate models in order to better predict future global and regional climate change,’ said Dr Muscheler.”
Lol, maybe cost of housing is related to quality of life? Maybe if this guy could afford to live in a place with a toilet, he wouldn’t piss in the street?
“He finished his business at a nearby garbage bin, then strolled back to the front of a Victoria’s Secret store at Broadway and 85th Street, where he camped out for the rest of the day.”
And if your train’s on time
You can get to work by nine
And start your slaving job to get your pay
If you ever get annoyed
Look at me I’m self-employed
I love to work at nothing all day
And I’ll be
Taking care of business (every day)
Taking care of business (every way)
I’ve been taking care of business (it’s all mine)
Taking care of business and working overtime
A few years ago In an early spring morning in Phoenix (Arcadia district) before work I stopped at a Starbucks. As I walked back to my car I noticed a bum lying horizontally near a gas station on the corner to the east. From his prone position I could see the parabolic curve of a golden stream in the sunlight.
I have read a few of Charles Bukowski poems. I can get into that stuff.
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Comment by Oddfellow
2015-07-11 17:24:35
You might like his novels, he wrote a lot about LA. He’s…kind of different. Sort of a cross between Ernest Hemingway and Hunter S. Thompson, with a little Oscar Madison thrown in.
The nicest SFH residential area in Phoenix and you remember it based on one odd bum you saw? Crikey how do you put up with SoCal with 1000 times the bums and illegals everywhere.
It is worse in the South Bay part of L.A. That is a fact. But in my part of Mission Viejo there is only one homeless lady (bum) who hangs around Starbucks. She has mental issues and scrounges in the trash cans.
Read the first two paragraphs of that article and check out the photograph:
Here’s an up-close look at a quality-of-life offense the City Council wants to decriminalize.
This urinating vagrant turned a busy stretch of Broadway into his own private bathroom yesterday – an offense that would result in a mere summons if Council Speaker Melissa Mark-Viverito and her pals get their way.
Apparently NY Post readers can’t imagine what public urination looks like. The issue of great importance is the police should deal with such activity. Some people on NYC city council want to have the police essentially write a ticket. So the cops must currently have the option of arresting the person, hauling them down to jail, and so forth. This writer wants that to continue. He wants his taxes to pay for cops to spend a lot of time arresting these people.
New MTV Documentary explores “What does it mean to be white?”
MTV is premiering a documentary called White People, in which white people are forced to think about how white they are! What does it mean to be white? Don’t miss ‘White People’ on Wednesday, July 22nd at 8/7c on MTV. Check out the trailer below!
Jose Antonio Vargas asks “What does it mean to be white?”
Oo-ee-oo I look just like Buddy Holly
Oh-oh, and you’re Jose Antonio Vargas
I don’t care what they say about us anyway
I don’t care bout that
Bang bang, knock on the door
Another big bang, get down on the floor
Oh no, what do we do?
No knock raid it’s not for you
I can’t run and I can’t kick
What’s a matter Vargas, are you feelin’ sick?
What’s a matter, what’s a matter, what’s a matter you?
What’s a matter Jose, are you feelin’ blue?
Oh wee-ooh, I look just like Buddy Holly
Oh, oh, you’re not Mary Tyler Moore
I don’t care what they say about us anyway
I don’t care ’bout that
New MTV Documentary explores “What does it mean to be white?”
If you live in an urban area, it means, increasingly, you’re a target. Just don’t call these attacks “hate crimes” because they will never be prosecuted as such.
“Just don’t call these attacks “hate crimes” because they will never be prosecuted as such.”
Posting links like these have been covered by the 3 writers of…
The Dylan Roof murder Manifesto
We will point out key phrases that don’t fit, that seem to have been edited in or that aren’t used in this region of the country or by people of Dylann’s socioeconomic state:
Whose manifesto is this?
“But more importantly this prompted me to type in the words “black on White crime” into Google, and I have never been the same since that day.”
To take a saying from a film, (In the south, they are called “movies.”) “I see all this stuff going on, and I dont see anyone doing anything about it. And it pisses me off.”. To take a saying from my favorite film, “Even if my life is worth less than a speck of dirt, I want to use it for the good of society.”.
comments
Harold Saive · Top Commenter · Gainesville, Florida · 352 followers
One of the authors of Roof’s manifesto gave himself away 2 times by using the alternate, EU (germanic) spelling of “LENSE” (Lens). Also…Josef Lense was a theoretical physicist from Austria who died in Munich. - https://en.wikipedia.org/wiki/Josef_Lense
Hey, look on the bright side. Dylan brought a lot of attention to some of your favorite black-on-white crime web site sources. Looks like they helped make him a man who thinks a lot like you. Good work. Thanks for finally getting that flag taken down.
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Comment by phony scandals
2015-07-11 09:40:55
It’s all pretty deep for someone who dropped out of high school after the ninth grade.
“Only a fourth to a third of people in the South owned even one slave. Yet every White person is treated as if they had a slave owning ancestor. This applies to in the states where slavery never existed, as well as people whose families immigrated after slavery was abolished. I have read hundreds of slaves narratives from my state. (BANG!! When you got your PhD before joining the ADL or SPLC?)”
Comment by Oddfellow
2015-07-11 09:49:03
“It’s all pretty deep for someone who dropped out of high school after the ninth grade”
Yeah, he must have got it from those web sites, eh? That’s what they’re for, right?
Comment by RioAmericanInBrasil
2015-07-11 11:32:35
One of the authors of Roof’s manifesto
What’s your point? One of the South’s white racists went into a church and killed 9 black people because they were black, admitted it in front of them and he talked about something like it before.
Who the he!! cares about a “manifesto” after that?
My rent in Southern California was unchanged from last year. My sister’s rent went up more than ten percent in Northern California so I am hoping the RE crash will affect her area to drop her rent.
This drive up of stucco box prices by foreigners has been on a much larger scale than in he 80s when arrogant Japanese gobbled up California real estate, and their market crash caused the bubble to pop in California.
130 million Japanese 1,400 million Chinese, that is the difference and why it will last a lot longer. The average Chinese IQ is higher than the average American yet they still receive about 1/4 of our pay. That gap will close thus this will continue for quite a while. The Japanese had almost closed the gap completely prior to their slowdown. And that is the correct term since their GDP per capita has never been higher.
Didn’t the cutback in the aerospace industry contribute to the California bubble pop in the early 90’s?
I seem to recall that the fall of the Berlin Wall and the former Soviet Union resulted in lower defense spending which affected Southern California especially hard: lots of highly paid engineers suddenly out of work.
My point is that it was more than just the Japanese crash.
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Comment by RioAmericanInBrasil
2015-07-11 11:39:13
My point is that it was more than just the Japanese crash.
Yes it was. I was there in LA. Then NorCal until 08. The Brazilian bubble is my third.
They follow me. lol
Comment by In Colorado
2015-07-11 14:35:16
I seem to recall that the fall of the Berlin Wall and the former Soviet Union resulted in lower defense spending which affected Southern California especially hard: lots of highly paid engineers suddenly out of work.
And many had a hard time transitioning into non DoD work.
As I suggested yesterday, I am not sure of that it might cause more money to flow into U.S. housing. If they cannot get a return on China savings accounts, Chinese housing is stabilizing but hardly a bull market, the Chinese stock market bull market is over, so U.S. housing just might make sense to them until it starts falling in price.
I think the idea is that a lot of Chinese will want to sell their overseas real estate to make up for their paper losses in the stock market. This happened before. It will happen again.
Why sell your asset that is going up to make up for your asset that has recently dropped? Perhaps if the Chinese market was still dropping you might have margin calls otherwise it does not make sense to me.
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Comment by redmondjp
2015-07-11 21:37:24
My take is that most of the so-called Chinese ‘investors’ in my area (I’m talking SFH, not commercial or multifamily) are flight-to-safety asset-preservation buyers. They are parking their money offshore, buying with all cash, and even if the housing market drops 50%, they will not sell, as 50% of something is better than 100% of nothing that they may have had if they had kept their money stateside.
‘a lot of Chinese will want to sell their overseas real estate to make up for their paper losses in the stock market’
You might want to read the desk clearing post and the comments section from yesterday.
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Comment by Selfish Hoarder
2015-07-11 14:39:23
Thanks. While at the shop getting my car maintenance, I read through them. I noted that the Chinese are dumping their Chinese real estate. Lots of Vancouver places are vacant. My question is about San Francisco Bay are real estate and how the contagion will affect its house prices and rentals. I expect another boom on Sacramento, Merced, and Fresno real estate as happened late in the last boom as desperate FBs want a house, just any house.
I think the idea is that a lot of Chinese will want to sell their overseas real estate to make up for their paper losses in the stock market. This happened before. It will happen again.
One key difference is that unlike in Japan, China’s kleptocrats could face a firing squad for their misdeeds. When they overpaid, the Japanese were merely speculating. For the Chicoms this is about setting up a safe house, which is why they are going for the green card type deals in various countries and even having their kids born here.
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Comment by Selfish Hoarder
2015-07-11 16:38:52
Yes but at 10 houses per high ranking commie?
I suppose the ones left behind will be the angry new commies, they will be obvious as they did not win in the musical chair contest.
I think it is a fair point to say you should not be complaining about all the welfare FSA freeloaders destroying society when rich oligarchs are getting 1000x plus in free shit govt subsidies for things like sports stadiums, tax break “business incentives,” etc.
Exactly. Plus with these stadiums deals the sheeple usually vote for the bonds to fund the stadium to keep their teams in the cities, still wrong but they know exactly what they are voting for and the people being impacted are voting for it. These entitlements programs do not get put to a public vote and were approved by a congress decades ago.
Sending the FBI after twenty banksters that have stolen $100 billion, or sending 1000 cops after 2000 people who may have ripped off a few hundred dollars each
My proven philosiphy is “Take care of the big problems, and the small ones will fix themselves”
How about we go after the fraud, waste and abuse of where the taxpayer money is spent (to buy votes). And it id not a few people ripping off a few hundred dollars.
Individual entitlements: 60% of the US Federal Budget
Defense: 17% of the US Federal Budget
Net Interest: 6% of the US Federal Budget
As long as 95% of the ‘Murican electorate votes for Wall Street water carriers like Obama, McCain, Romney, Bush, or HillaryJeb, Wall Street has a mandate to steal and swindle with impunity.
There is no FSA to any meaningful degree in the USA. How can things like foodstamps be considered “free” when their jobs and opportunity were taken away?
It seems like somebody somewhere got something for free but it’s not the mythical propaganda of the “FSA”.
Propaganda to hide the fact that TrickleDown did not work. “It’s the poor people’s fault”.
There is no FSA to any meaningful degree in the USA.
BAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!
Oh just stop it. Yer killin me…
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Comment by RioAmericanInBrasil
2015-07-11 13:13:02
Oh just stop it. Yer killin me…
How can that be funny? In the big picture, what are people getting for “free” if their jobs and opportunity were taken away?
It seems much of of the “FSA” have paid for their “free” stuff with their jobs, or paid for their “free” stuff with wages that have not kept pace with inflation. Or paid into SocSec/Medicare.
Here’s another way the “FSA” paid for their free stuff. The USA wages have not kept up with productivity. Look at the chart below. Americans have paid a lot for their “free stuff”.
‘This Interview Is Over’: Clinton Backer Hangs Up On Host After Grilling Over Clinton Emails [VIDEO]
by Daily Caller | Al Weaver | July 11, 2015
Former Clinton White House special counsel Lanny Davis hung up on Newsmax TV host Steve Malzberg Friday after the host grilled him over Hillary Clinton’s email scandal.
The Newsmax TV host opened up the interview by bringing up the fact that Clinton claimed that she never received a subpoena over her emails, even though Rep. Trey Gowdy revealed on Wednesday that Clinton did indeed receive one in March.
Davis went on the defensive immediately, telling Malzberg that Clinton was referring to not getting one prior to her giving her emails to the State Department.
“Why did Hillary say she never got a subpoena on CNN when there have been several subpoenas?” Malzberg asked initially.
“Okay, she said she never got a subpoena in the context of a question of whether she had a subpoena prior to her delivering the emails to the State Department,” Davis responded. “That was the question she answered. A time specific answer, she had not gotten a subpoena at that time. I think she probably misunderstood that it would be interpreted this way. But knowing Trey Gowdy, who’s never answered the question, ‘why won’t you call her publicly to testify why you won’t release the transcript of Sidney Blumenthal’s deposition. That’s what we should be talking about.”
From tolerance
to acceptance
to forced indoctrination.
Ever notice there is never any tolerance or free speech coming from the left?
————–
Oregon Christian Bakers Forced to Pay $135K by Monday Deadline or Lien May Be Placed on Home
Christian Post ^ | 07/11/2015 | Samuel Smith
More than $210,000 has been raised in support of the Oregon Christian bakers who are being forced by the state to pay $135,000 in “emotional damages” to a lesbian couple for declining to bake them a wedding cake in 2013, an act that would have violated their deeply-held religious convictions.
A letter from BOLI was sent to the Kleins informing them of their payment options.
“The letter informs them that if we do not hear from them, we may turn the matter over to the Department of Revenue, which can place a lien on real property,” a BOLI spokesman told Fox News’ Todd Starnes. “Of course, they can also ask for a stay of enforcement while they pursue their appeal.”
Anna Harmon, the Kleins’ attorney from Alliance Defending Freedom, said the letter is just another sign that the state is sticking to its guns.
“This letter, while its the normal procedure, continues to show the state is not backing down,” Harmon told Starnes. “They don’t think they did any wrong here.”
Although it is likely that the Kleins will ask for a stay of the judgment as the couple is expected to appeal Avakian’s ruling to the Oregon Court of Appeals , Avakian will be the one who rules on whether the Kleins should be granted a stay.
“The judge, jury and executioner are all in one place,” Harmon said. “He is intent on using his officeroot out thought and speech with which he personally disagrees.”
Yeah, because those wonderful Christian bakers were actually fined because they posted the lesbian couple’s address and contact information on Facebook and the couple received death threats and the like. The fine had nothing to do with religious beliefs. But that doesn’t fit the ridiculous persecuted Christian narrative, does it?
Bush & Cheeney blew-up the republican party as it was previously known…With each passing year, the white southerners see that their views on any number of issues are further out of the main stream of society…They are dying and they know it…So, when you know that you have lost, but you won’t give up, you turn to anger…Just look at Texas…They want to secede from the union…
Thanks for another lame, statist post. Just one sample fomr that screed:
Standard beatdown of white man by black mob at Fourth of July in Cincinnati. Almost a daily occurence. The media will hide it. This is not a part of my culture. Why do we put up with it?
The media hid it? So how’d you find out about it, Fred? Were you there in the crowd in Cincinnati?
Wake me up when they start systematically lynching us Crackers.
Lynching as Racial Terrorism - The New York Times http://www.nytimes.com/…/lynching-as-racial-terrorism.h...
The New York Times
Feb 11, 2015 - The report focuses on what it describes as “racial terror lynchings,” which were used to enforce Jim Crow laws and racial segregation. Victims …
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Comment by 2banana
2015-07-11 12:36:13
Jim Crow Laws - Enacted and enforced by DEMOCRATS
KKK - Founded by DEMOCRATS
Radical Lynching - Done by DEMOCRATS
Filibuster Equal Right Laws - Done by DEMOCRATS
Having a KKK Grand Wizard as a Senator - Done by DEMOCRATS
And all those Confederate flags at the capitals, who put those up in the first place? Democrats!
Now, now, let’s bury the hatchet. The Democrats have turned away from their shameful past.
Comment by RioAmericanInBrasil
2015-07-11 13:29:54
Radical Lynching - Done by DEMOCRATS
Everyone should know that. But it’s mostly irrelevant to the reality of the current base of each political party. To deny that the parties switched positions largely based on race in the 60s is to deny reality.
On race, most yesterday’s Democrats are today’s Republicans. So how does pointing out that yesterday’s Democrats were more racist negate the fact that many Repubs today are the racists? I don’t see how this can be a valid argument.
“One of the largest shifts in voting patterns occurred in 1964, during what many scholars call the Southern realignment–when white Southern voters, likely motivated by race, abandoned the Democrats to vote for Republican Barry Goldwater.”
When Did the Republican and Democratic Parties Trade Places?
No really - those democrats are not today’s democrats.
And republicans turned to the evil that democrats used to be…
Blah, blah, blah.
It is your democrat history and YOU OWN IT.
Comment by RioAmericanInBrasil
2015-07-11 14:24:12
The logic of liberals.
That you can’t possibly refute. Again, how does pointing out that yesterday’s Democrats were more racist negate the fact that many Repubs today are the racists? Does it just magically make all the racists in today’s Repubs disappear? A lot of Repubs are not racists because Dems used to be racist? That “logic”?
republicans turned to the evil that democrats used to be…
And there it is.
Comment by oxide
2015-07-11 16:18:14
To deny that the parties switched positions largely based on race in the 60s is to deny reality.
1960’s? Try 1930’s, with FDR cementing that the Dems were the party of the people. The Southern racists were just so stupid that it took another 45 years (Reagan) to figure it out.
And even then now there are still a few Southerners who still kneejerk as Dems to take revenge on Lincoln.
When I was growing up, Texas was a one party state. It didn’t have anything to do with Lincoln. My Dad was one of the few Republicans I knew. The whole Reagan/Bush deal turned me off the GOP before I was old enough to vote and I found the libertarians.
Anyway, I’m glad the Democrats have shed their segregationist past.
You can tell this is a local story otherwise it would be more like last 4 hours.
For second time in a week, illegal immigrant accused of hit-and-run
By Ed Crump
Friday, July 10, 2015 06:45PM
RALEIGH (WTVD) –
Federal immigration officials tell ABC11 a second illegal immigrant suspected of causing a serious wreck this week will not be allowed out of jail.
Earlier this week, the I-Team covered the return of Efren Roblero to the streets of Wake County.
Roblero is accused of driving drunk and causing a crash that injured two people over the weekend. He managed to post his $75,000 bond and U.S. Immigration and Customs Enforcement officials approved his release from jail.
Now, another illegal immigrant, Antonio Arellano, is accused of hit-and-run causing serious injury, driving without a license, and reckless driving.
The woman he allegedly hit spoke to ABC11 Friday from her hospital bed at WakeMed where she is recovering from surgery.
“Just looked up and there’s a truck coming head on. I tried to swerve to avoid it, and there was nothing I could do,” said Stephanie Johnson.
Johnson says she heard about the release of Roblero on ABC 11 and feared Arellano might also get out of jail. She suspects Arellano might have been driving drunk.
However, that’s something investigators can’t prove since he wasn’t arrested until two days after the crash.
“I see here that you have two prior convictions for impaired driving and that you have been removed from the United States by a previous immigration proceeding,” Wake County District Court Judge Ned Mangum told Arellano during the suspect’s first court appearance on the charges Friday afternoon.
During that appearance, Mangum nearly tripled the bond on the 31 year old.
Witnesses at the crash scene identified Arellano.
That includes the woman who told a 911 dispatcher: “The gentleman walked away. He got out of the F-150 [pickup truck] and walked toward Jonesville Road.”
Johnson, who suffered a lacerated liver, a broken wrist and ribs, and a compound fracture to her left leg, can’t believe anyone could walk away from a crash and leave someone badly injured.
“I know he heard me screaming for help,” said Johnson. “That’s all. That’s all I ever remember saying, ‘Help me. Get me out of this car.’”
An ICE official said because Arellano has two prior DWI convictions in Wake and Randolph Counties he falls under the “priority” category for the Homeland Security agency.
That means, if Arellano posts his $32,000 bond, he still won’t be able to leave jail because the feds will detain him.
Roblero was approved for release according to the ICE official because he didn’t meet ICE priorities — specifically that he hasn’t been convicted of a crime and hasn’t been deported since 2014.
He has been charged with prior crimes that haven’t been tried and was deported but that was before 2014.
Trump makes an attempt at damage control but only makes it worse:
“I have great respect for the country of Mexico,” he said, adding “They’re sending people into our country that we don’t want but we take and that they don’t want. And you know who they’re sending.”
This is how the mind of a racist works. An entire nation of people are summed up into one big uniform “they.” “They” send people “they” don’t want. Never mind the truth that Mexico is a complicated place with lots of competing factions, languages, and socio-economic factors. There is no one “they.” And “they” don’t “send” people. They come on their own accord.
I’m wondering if Trump is p-ssed off at the GOP for not supporting him and so he’s going out of his way to be a public embarrassment to the GOP on purpose. “You’re not supporting me so I’ll make sure Hillary wins.” His personality and money would support that scenario. That Tweet he deleted: ‘Jeb Bush likes Mexican illegals because of his wife.’ It almost seems like a bitter poke in the eye to the GOP.
Anyone watch Trump’s speech? If so, you were probably watching CNN, which ran it almost in its entirety. Fox news pretty much ignored it til it was over, then gave a quick mention of it.
Quite a stemwinder, and he’s definitely not pulling any punches. He mentioned Jeb was governor over 5 sanctuary cities. Those two are going to end up in a fist fight.
You can have a safety net or open borders, but you can’t have both. It used to understood that big corporations were the ones pushing illegal immigration. It drives down wages and increases demands on the government. Mexico and these other countries are exporting their unemployment and social unrest. The human traffickers are a really bad bunch of people. This situation is negative for the people south of the border and for the US.
What I see is a very important issue being buried in the coverage of his personality. The only winners are those that seek to continue and legitimize the illegal immigration, which I am against for the reasons I cited.
I would love to see Greece sue Goldman Sachs for the latter’s complicity in helping the previous Greek administration cook the books so Greece could get into the EU. Preferably in a non-US (i.e. non-coopted) court where there might actually be a shot at justice.
I love reading the headlines of Trump soaring in the polls. First, it means after decades of ‘Muricans blindly casting votes for oligarch-owned Republicrat candidates who are screwing them blind, more of the sheeple are finally waking up. Second, it forces the Hollow Man Establishment GOP candidates, i.e. Jeb, Cruz, Rubio, Walker, Christie, etc. to publically address the issue of uncontrolled immigration, which most (and their oligarch backers) would much rather sweep under the rug.
Her delight may be short-lived. The sheeple are waking up. In 2008 and 2012, 95% of the electorate bent over and grabbed their ankles for the Oligopoly and its water carriers (Obama, McCain, and Romney). Now people are opening their eyes. That does not bode well, long-term, for a venal, deeply corrupt crony capitalist like Hillary. Or her clone Jeb for that matter.
Syriza just threw Greek voters under the bus. So much for respecting the will of the people. Even after Syriza’s craven climb-down, there are no guarantees that they are going to get the usual bailouts for empty reform promises, since Frau Merkel’s abililty to carry out her bankster puppet-masters’ orders are being constrained by the rapid raise of nationalist and Euro-sceptic parties infuriated over seeing German taxpayers put on the hook for trillions in bad debt run up by successive corrupt Greek governments in cahoots with banksters like Goldman Sachs.
Will be interesting to see how things play out this weekend.
Sampras — er, I mean Tsipras — did an Obama. Obama campaigned left, hope and change, etc. and as soon as he gets into office he appoints a bunch of Big Bank and Wall St. insiders to deal with the 2008 bank collapse. They in turn design a plan to bail themselves out with taxpayer money.
Hmm, something must go on when an outsider gets into office and comes face to face with the elite money interests. What is it that makes them capitulate and do a 180 like that?
“The problem is, is that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion dollars for the first 42 presidents — number 43 added $4 trillion dollars by his lonesome, so that we now have over $9 trillion dollars of debt that we are going to have to pay back — $30,000 for every man, woman and child.
Hillary is campaigning as a so-faux “champion of the middle class,” and millions of ‘Muricans, especially of the female pursusaion, are stupid enough to buy it. Occupants of the Establishment GOP clown car like Cruz, Rubio, and Walker are campaigning as so-faux “conservatives” but if, God forbid, they ever get elected, will be craven water carriers for the .1% in delivering limitless QE, open borders, gun control, etc. Same as it ever was.
especially of the female persuasion, are stupid enough to buy it ??
Its that type of view that assure a Hilary win….Go ahead…Degrade the women…Watch what happens at the polls….
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Comment by Raymond K Hessel
2015-07-11 15:27:14
Go ahead…Degrade the women…Watch what happens at the polls….
Hillary is polling strongest among middle-aged women. Any members of the 99% who vote for a venal, corrupt crony capitalist are imbeciles. Ergo, if the shoe fits….
hat is it that makes them capitulate and do a 180 like that?
They never did a 180. Anyone who went to Open Secrets dot Org could see who their donors were, i.e. Goldman Sachs and George Soros, and would have no excuse for seeing how their puppet-masters were going to be. But apparently 95% of the electorate are just fine with enriching oligarchs while throwing middle class taxpayers and future generations under the bus.
Infuriated over seeing German taxpayers put on the hook for trillions in bad debt
Who cares? Germany received massive write downs in debt after WWI and WWII. Massive. And after they started those wars. Now they refuse to write down any bad debt from others.
What this world needs is the old-school, capitalistic instances of creditors writing down their bad debt. (It’s gonna happen someday right?)
They want a week Euro as it makes their labor more competitive. Thus they wanted Greece in the Euro. No different than China buying our treasuries to keep their currency low.
Of course Greece has paid the price as they can’t devalue to improve their competitiveness. They don’t control their own currency.
Greece’s debt is $320 billion, but total derivative losses and other second-order costs of a default will run to more like $2 trillion. Deutche Bank alone has more than $54 trillion in notional derivatives - what their exposure is to Greece, no one can say.
Does anyone here live in Reno, NV or Carson City? NV has no income tax, and about 1% prop tax. No humidity, mild 4 seasons. I am thinking of moving, as I get older I use the beach less and would like to do more fly-fishing near Tahoe. Heck, I could easily afford a boat, with NV’s low COL. Santa Fe, NM is #2, but been there, done that. Opinions??
A few weeks old (6/4/15), but interesting: Rabid bat hanging on motorized cart bites someone at ABQ Walmart
A bat found hanging from the basket of a motorized wheelchair at a Wal-Mart in Albuquerque tested positive for rabies, and anyone who had contact with it is urged to contact health authorities. A person who helped remove the bat from the cart was bitten and is expected to begin receiving a series of vaccinations for rabies, which can be fatal, health officials said.
It appears Malaysia will be given a free pass on human trafficking in order to protect the controversial trade deal.
By George Zornick
July 10, 2015
When Congress finally passed fast-track trade authority last month, there was a major problem for President Obama and his trade negotiators: a provision of the bill forbid any fast-tracked trade deal from including countries on Tier 3 of the State Department’s human trafficking list.
That’s the worst classification the United States gives to countries in its Trafficking In Persons annual report, a status earned by countries like Zimbabwe, Syria, the Democratic Republic of Congo, and North Korea. Also on the list: Malaysia, one of the 12 potential signatories to the Trans-Pacific Partnership trade deal that is in the final round of negotiations this month.
Malaysia is home to many “outsourcing companies” that are, in reality, professional slaving operations: foreign workers, often refugees fleeing desperate situations in nearby countries like Burma, are recruited to the country with the promise of legitimate work but then subjected to forced labor and sex trafficking. The State Department and international human rights groups have routinely concluded the Malaysian government does very little to inhibit the traffickers’ operation.
Senator Robert Menendez inserted language into the Senate version of fast-track prohibiting the use of fast-track for a trade deal with a Tier 3 country, presumably with an eye on Malaysia. The Obama administration and Republican leaders in the House tried to have the language removed but were unable to excise it due to the complicated path the fast-track bill took through Congress.
Observers were then unsure what would happen next. Would Malaysia be thrown out of the deal? Would the United States lean hard on the Malaysian government to crack down on human traffickers so it could sign the trade deal? Was there any chance fast track would be disengaged for the TPP?
Instead, the Obama administration appears to have chosen another path that has shocked the human-rights community: It will simply reclassify Malaysia. Reuters has reported that when the Trafficking in Persons report comes out next week, Malaysia will no longer be a Tier 3 country.
Outrage also came Thursday from Representative Rosa DeLauro, a leading fast track and TPP opponent in the House. “The only reason to upgrade Malaysia to a tier two country is to bypass the ban that is currently in U.S. law,” she said in a statement. “President Obama and Secretary Kerry must do the right thing and not arbitrarily upgrade Malaysia as a means to secure the TPP. This is an irresponsible, unacceptable political game.”
Name:Ben Jones Location:Northern Arizona, United States To donate by mail, or to otherwise contact this blogger, please send emails to: thehousingbubble@gmail.com
PayPal is a secure online payment method which accepts ALL major credit cards.
Kirkland, WA Housing Prices Fall 19%
http://www.movoto.com/kirkland-wa/market-trends/
Absolutely not true.
Your bogus data is refuted:
http://seattlebubble.com/blog/2015/07/03/june-stats-preview-sales-spike-up-sharply/
No price data there my friend. Refute the falling price data.
An article I ran across:
“A climate of despair”
“Frustrated green scientists and environmental activists may be at risk of depression. Konrad Marshall meets the experts and advocates shedding light on the intersection of climate change and mental health.”
Here’s something I found especially interesting:
“Berry mentions that research has also shown that certain types of people are drawn to political activism, including people with or prone to mental health problems, so she is cautious about making what may well be spurious associations.”
http://www.smh.com.au/national/a-climate-of-despair-20140813-102r1w.html
” certain types of people are drawn to political activism, including people with or prone to mental health problems”
That’s for sure. Politics gives nuts an outlet for their fears and anxieties. Like the fear that the scientists of the world are involved in a worldwide conspiracy against them.
‘Politics gives nuts…fears and anxieties…Like the fear…worldwide conspiracy’
Somebody got up on the wrong side of the bed this morning.
I thought this was interesting from yesterday:
‘Not that again. The right wing’s “audit” of the Fed was exposed a long time ago to not be a real audit at all. The Fed’s books are regularly audited and have been for some time. The “audit” was an excuse for Congress to try to force Yellen to change the Fed’s actions.’
Let’s look at this. Not that again; stop speaking your mind. Right wing; dismiss this thought entirely. Exposed; a plot that has been uncovered. Excuse; another plot! Force; make her do something against her will and likely against the public interest.
I passed the CPA exam. I was a public and private accountant. Anybody who says they shouldn’t be audited, or have audits made public is a lying snake. And for a corporation, private corporation mind you, that has control of our money to say a such a thing, is intolerable.
Only a fool, thief or liar suggests there is no need to follow the money.
+1. We are well-stocked on fools, i.e. the 95% that habitually votes for thieves and liars.
I favor auditing the Fed too. I’m not saying all political activism is nuts, I’m just agreeing with combo’s point that,
“certain types of people are drawn to political activism, including people with or prone to mental health problems”
That explains you eloquently Lola.
“certain types of people are drawn to political activism, including people with or prone to mental health problems”
So then certain types of people who avoid all politics are free of or prone to be free of all mental illness.
Yes. I believe this to be 100% true.
I posted that passage. I concur with Sen. Warren: “I strongly support and continue to press for greater congressional oversight of the Fed’s regulatory and supervisory responsibilities, and I believe the Fed’s balance sheet should be regularly audited – which the law already requires. I oppose the current version of this bill because it promotes congressional meddling in the Fed’s monetary policy decisions, which risks politicizing those decisions and may have dangerous implications for financial stability and the health of the global economy.”
It is indeed puzzling that HBB’ers refuse or cannot make the distinction between an objective, factual audit and a Congressional hearings used to harass and cajole. For reference, ask the victims of Sen. McCarthy.
‘congressional meddling in the Fed’s monetary policy decisions’
Congress is legally obligated to oversee the central bank.
‘may have dangerous implications for financial stability and the health of the global economy’
Oh yeah, they sure have been a bedrock of stability and health.
‘ask the victims of Sen. McCarthy’
Oh Jeebus, it’s just an audit. You know, transparency? It’ll be OK, some things might have to change because we know what’s going on. We might even find better policy.
oppose the current version of this bill because it promotes congressional meddling in the Fed’s monetary policy decisions, which risks politicizing those decisions and may have dangerous implications for financial stability and the health of the global economy.”
Nothing so clearly unmasks Fauxahontus as a fraud as her opposition to a real audit of the Fed. And speaking of “dangerous implications,” since its 1913 inception the Fed has by design been faciliating the massive wealth transfer from the 99% to its .1% cronies in the financial sector - something any GENUINE champion of the middle class would be genuinely infuriated about - while debasing the dollar and saddling future generations with crippling, unpayable debts.
End the Fed!
Warren - Mental illness
What ails her supporters?
Righties can’t be pointing fingers about nutcases being obsessed with politics. (cough cough) Dylann Roof (cough cough).
Ben Jones: Oh Jeebus, it’s just an audit. You know, transparency? It’ll be OK, some things might have to change because we know what’s going on. We might even find better policy.
The Fed wants to operate as The Wizard Of Oz - the “man behind the curtain.” It gives them the power to create illusions of market forces which they believe can guide the economy in a way which they consider positive.
Take the China central bank. Totally opaque, a total black box. They can subtly intervene in the market to effect many market illusions.
On the other hand, manipulation of the money supply cannot fake value. By value, I mean that which provides non-speculative benefits to people via consumption or investment. However, many economic pundits today see no difference between speculative value (purchasing an item for resale for a higher price later) and non-speculative value (purchasing an item for consumption or investment).
Speculative booms are like ponzi schemes - pyramid-type growth, where those who entered early stand to profit the most, and once there are no more purchasers (which is the source of the value) people start trying to obtain the speculative value from resale by faster sell-offs.
Being able to differentiate between speculative and non-speculative value is important. And building an economy on speculative value is like building an economy on a ponzi scheme.
It may be true that employment goes up during a speculative boom - but the value comes from the resale of the speculative item at higher and higher prices - like a pyramid. And the inevitable (right?) result is that at some point, there are insufficient purchasers to provide that speculative value, then more and more people start trying to realize the value of their purchase by turning it into currency.
The ability of an economic entity to create market illusions (with public money) is near and dear to the heart of many policy makers.
You may not have an interest in politics, but politics has a huge interest in you. As a voluntaryist my goal is a world without politicians (rulers), ergo a world without politics. As Larken Rose mentioned though, it is not the Rulers we have to worry about, it is the millions of people who hallucinate them to such power. Vacate the vote. For the whole world to stop consent it is as easy as you no longer voting.
You’re going to be disappointed. Any time you have more than 5 people in a room, you have politics.
He’s going to be even more disappointed when he discovers that he’s not going to survive the lack of politicians as well as he thinks. Well, I guess he could outswim them.
Nope. I come from a family of six. There was no politics.
This is more than a pipe dream, it’s a hallucination.
And the people that profit from the alarmism:
http://wattsupwiththat.com/2015/07/10/the-green-mirage-and-con-job/
Alarmism.
‘We are clearly dealing with an unprecedented green mirage and con job. It will drive average retail electricity prices from the 8-9 cents per kilowatt-hour in coal and gas-reliant states, to the 15-17 cents per kWh in California, Connecticut and New York – or even the 36-40 cents in Germany and Denmark, where unsubsidized rates are 70-80 cents per kWh! The impact of such prices on people’s jobs, living standards, health and welfare would be devastating.’
I just ignore this climate change stuff.
“I just ignore this climate change stuff”
That’s what depresses the scientists. How well the people who really make money from climate change (the fossil fuel industry) have warped the debate. You can see why it gives them little hope for the future.
‘How well the people who really make money from climate change (the fossil fuel industry) have warped the debate.’
I’ll tell you why I ignore it; nobody is serious. I hear people say pollution is bad. I agree. The solution, take my money. I don’t agree.
You know what is the biggest contributor to pollution? Globalism. One look at the air in China during the Olympic games showed that. So how many of these scientists are against globalism?
I’ll mention one example I’ve posted here before. Years ago I had a conversation with a guy in South Texas. He was a US citizen but worked for what they used to call Cemento de Mexico. They had just finished a highway job near Victoria. He explained that they had the cement shipped from Korea, through the Panama canal.
Texas is covered in limestone, which is a big part of cement. But CEMEX had gotten the bid because they could shave the cost of cement a bit by bringing it from Korea. Now think about how much pollution was generated by shipping tons and tons of what’s basically rock, to a place covered in the same rock.
Until I hear someone, anyone, seriously address such absurdity I’m going to ignore it.
For the past 50 years fat and cholesterol were blamed by “scientists” and doctors as being unhealthy and the cause of heart disease. That has now been shown to be a myth. But it’s legacy is so strong that the newest findings are ignored by many many many doctors and scientists.
Just because it is conventional wisdom doesn’t mean it is right, not even close.
It is worse than that people like my father who died of cardiovascular disease was told by his doctor to switch from butter to margarine. We now know that trans fats in margarine were far worse than real butter. But 99% plus of scientists or doctors would have told you otherwise forty years ago.
” 50 years fat and cholesterol were blamed by “scientists” and doctors as being unhealthy and the cause of heart disease”
I agree, and that’s a good cautionary example. One thing to remember about the high fat and cholesterol ‘problem’ was that the falsely-perceived solution favored Big Ag: Everyone eat more carbs (corn, wheat, rice) and more processed ‘low fat’ foods. If science thought there was global cooling and that we needed to burn lots of oil to remedy it, there would be no push back from industry. It would be accepted science by now.
Second, while the western diet and its problems may seem to us like something that is widely studied, it’s actually a very small area of science, unlike the problem of climate change, which affects everybody, and is therefore studied (and proven) by scientists in countless fields of science around the world: biology, microbiology, marine biology, forestry, agronomy, entomology, et cetera.
Two better analogies would be acid rain and the hole in the ozone layer. Two problems that were potentially devastating, that were identified by science, and that were mostly solved by rational action on the part of everyone, without any of the major disruptions that some predicted at the time. We can still spray deodorant under our arms, and turn on our air conditioning when it’s hot.
I believed in both acid rain and the depletion of the ozone and supported efforts to address both. The science was sound and the correlations indisputable. They are poor examples since they were quickly addressed and the solutions had bipartisan support.
” They are poor examples since they were quickly addressed and the solutions had bipartisan support.”
So what happened to science since then that has caused the scientists of the world to now seek global domination through a monstrous conspiracy?
‘that has caused the scientists of the world to now seek global domination through a monstrous conspiracy’
It’ a tax.
And that is probably why we have caught scientists altering data, hiding data and keeping people with alternative views from publishing. We have the e-mails and we have seen the data being changed. Nothing has ever happen like this in the scientific arena in our life times before, things have changed.
What caused the change?
Obama?
Started before Obama, the globalist have been trying to use it to justify a massive transfer of wealth from the developed to developing world since the 1980s. Gore was certainly part of that group. However, Obama has inflicted more damage on ratepayers and taxpayers than all the previous presidents put together. Actually, I wonder since the AGW crowd by and large assert that the alternative energy sources are competitive with the fossil fuel sources and are getting quickly cheaper, why does the developed world have to transfer 100s of billions of dollars per year to the sh#tholes if the alternative energy sources are cheaper? Seems like the problem is solved and there is no need for bigger and bigger government and more and more taxes.
Obama has inflicted more damage on ratepayers and taxpayers than all the previous presidents put together.
Today’s dumbest post.
Refute the fact that he has provided more subsidies or the fact that electric rates have risen much faster than inflation.
he has provided more subsidies or the fact that electric rates have risen much faster than inflation
Oh yea. You’re right. I forgot.
Because some electric rates have risen faster than inflation Obama has inflicted more damage on ratepayers and taxpayers than all the previous presidents put together.
(I forgot how dogma free you are, how you don’t spout hyperbolic propaganda and how good you are at math, trends and history.)
My bad.
I’m still not clear how Obama and Gore get scientists in the west as well as in Russia, China, Iran to join their conspiracy.
“to justify a massive transfer of wealth from the developed to developing world”
What would be the point of doing this? If the developed world has the power, why would they vote for this?
Did we quite when the German’s bombed Pearl Harbor.
Hell no!
Germans?
Forget it he’s on a roll.
I just ignore this climate change stuff.
Easy to ignore it for now. Later on it will get your attention there in Arizona when it’s over 130 F and sand comes out of your faucet.
And can you put a timeframe on that prediction?
This is your kid’s problem, not mine.
At the rate we are warming it is the problem of people that will be born 500 years from now, of course we will have run out of fossil fuels long before that so it is a problem that solves itself without big government and more taxes but crony capitalists need to make more money.
‘Later on it will get your attention’
My point is nothing is being done about it. It doesn’t matter what I say or do. Look at this exchange this morning; I point out that globalism is the biggest contributor to pollution and you talk about sand coming out of faucets. Pollution is increasing. It will continue to do so, as China and others are adding cars at an astounding rate. You want to cut down on pollution? Make stuff where you are going to use it.
This reminds me of what one woman said about stopping the shark attacks in North Carolina; don’t swim in the ocean.
How do you stop globalism?
Get out of the WTO. Global pollution would take a dive.
Why would it take a dive?
China would put the brakes on. They might have to stop building empty cities, but that’s not too terrible.
‘How China used more cement in 3 years than the U.S. did in the entire 20th Century’
http://www.washingtonpost.com/blogs/wonkblog/wp/2015/03/24/how-china-used-more-cement-in-3-years-than-the-u-s-did-in-the-entire-20th-century/
Can you visualize how much energy was burned to do this? And they don’t create nor use energy in an efficient manner, nor an ecological one.
My point is, it’s not exiting the WTO that would reduce pollution, it would require the subsequent introduction of tariffs and the like and a concurrent reduction in pollution that may or may not actually occur. So that’s really a whole separate issue with its own political theatre, which has thus far convinced us, or at least our supposed reps, that “free trade” is good.
But that’s a separate issue from whether man-made climate change is occurring. Making the one dependent on the other is what makes the scientists of the world depressed. Yes, there are challenges in dealing with global warming, but let’s at least admit it’s going on, and work from there. Like we did with acid rain and the hole in the ozone layer.
Nonsense. You’re just looking to punish the haves because you’re a have not.
Think of it this way, global warming may be the issue that finally makes the average voter rethink the supposed benefits of “free trade” cement from across the sea.
The impact of such prices on people’s jobs, living standards, health and welfare would be devastating.
The impact on USA’s people would be fine if USA’s median income had kept up with productivity the past 40 years.
Our income greatly lagged productivity because of policies put in place to favor the rich. (SupplySideTrickleDownTaxCutsForTheRichUnionBustingFreeTradeLafferCurve etc.)
Our income greatly lagged productivity because of policies put in place to favor the rich ??
Plus, the great recession gutted what remained of the little wealth the middle class did have leaving them with pretty much income only…And guess who picked through the ashes and gained the most….
And you’re right there cheerleading for more of the same.
What a belief in CAGW will cost you:
http://energy.i2i.org/2014/02/07/co-electric-rates-rise/
Excerpt:
money_hole Guest essay by Paul Driessen and Tom Tamarkin
Elon Musk and his fellow barons of Climate Crisis, Inc. recently got a huge boost from Pope Francis. Musk et al. say fossil fuels are causing unprecedented warming and weather disasters. The Pope agrees and says Catholics must “ask God for a positive outcome” to negotiations over another UN climate treaty.
It matters not that the predicted calamities are not happening. There has been no warming in 19 years, no category 3-5 hurricanes making US landfall for a record 9-1/2 years, indeed none of the over-hyped climate disasters occurring in the real world outside the alarmists’ windows. In fact, poor nations support the treaty mostly because it promises some $100 billion per year in adaptation, mitigation and compensation money from FRCs: Formerly Rich Countries that have shackled their own job creation, economic growth and living standards in the name of stabilizing Earth’s perpetually fluctuating climate.
Any money that is transferred will end up in the pockets of governing elites. Poor families will get little or no cash – and will be told their dreams of better lives must be limited to jobs and living standards that can be supported by solar panels on their huts and a few wind turbines near their villages.
Simply put, the Musk-Obama-Pope-Climate Crisis schemes will save humanity from exaggerated and fabricated climate disasters decades from now – by impoverishing billions and killing millions tomorrow.
For the catechism of climate cataclysm coalition, the essential thing is that we believe the hysterical assertions and computer models – and support endless renewable energy mandates and subsidies.
Musk and his Tesla and SolarCity companies have already pocketed $4.9 billion in taxpayer-financed subsidies, and even long-elusive profitability has not ended the handouts. Now he claims a small “blue square” on a map represents the “very little” land required to “get rid of all fossil fuel electricity generation” in the USA and prevent a non-existent climate cataclysm. We just need rooftop solar panels linked to wall-mounted battery packs – a mere 160 million Tesla Powerwalls – to eliminate the need for all coal and natural gas electricity generation in the United States, he insists.
Hogwash (from pork barrel political pig farms). As this careful and extensive analysis demonstrates, even without considering the monumental electricity demand required to convert America’s vehicles to electric-battery versions, providing today’s baseload and peak demand electricity would require 29.3 billion one-square-meter solar panels. Assuming adequate yearlong daily sunlight, that’s 29,333 square kilometers of active solar panel surface area: 7.2 million acres – or nearly all of Maryland and Delaware!
The analysis is technical, beyond the ability of most voters, journalists, politicians and regulators to comprehend fully. Read it anyway, if only to understand the enormity of financing, raw materials, mining, manufacturing and electricity required to make and ship the panels (some 40 million per year), battery packs and inverters (to convert low-voltage solar electricity to 120 or 240 Volt alternating current).
We are clearly dealing with an unprecedented green mirage and con job. It will drive average retail electricity prices from the 8-9 cents per kilowatt-hour in coal and gas-reliant states, to the 15-17 cents per kWh in California, Connecticut and New York – or even the 36-40 cents in Germany and Denmark, where unsubsidized rates are 70-80 cents per kWh! The impact of such prices on people’s jobs, living standards, health and welfare would be devastating. But Musk and his “clean” energy friends ignore this
See? Dan agrees with the climate change denialists. Doesn’t that pretty much prove them wrong?
It’s the best indicator we have.
Oddfellow does the same study become more reliable if it is posted from MSN instead of Calwatch?
http://www.msn.com/en-us/money/markets/how-fiscally-healthy-is-your-state/ar-AAcIPPa
Housing Lola housing.
And you believe it, it would be very odd for you to be right about something.
The. Best. Indicator. We. Have.
There has been no warming in 19 years,
A dumb Lie. (But there is no warming because my grandpa’s doctor told him to eat margarine in 1974.)
10 Warmest Years on Record Globally | Climate Central
http://www.climatecentral.org/…/10-warmest-years-globally
Climate Central
Jan 6, 2015 - The 10 warmest years on record globally have all happened since 1998, with 2014 on top as the warmest of all.
If you believe the altered land data, but even if you believe all those years are within a few hundreds of a degree within the margin of error so any sane person would conclude there has been no warming.
any sane person would conclude there has been no warming
I know. 98% of climate scientists are actually insane. It’s one of the requirements these days to be accepted into a PhD program in the fields of climate research.
(Except at Boise State)
The vast majority of scientists admit to the “pause” it took them too long and many tried to hide it but they admit to it. You are the outlier by trying to deny it.
scientists admit to the “pause”
Here’s a “pause” in rising temps from 1880 until 1920 and another “pause” from 1940 until 1980. But you know what? Even with those pauses, the trend has been going up for well over a century. That’s how big-picture trends work.
https://cdn.urbantimes.co/wp-content/uploads/2014/01/graph.jpg
“The 10 warmest years on record globally have all happened since 1998, with 2014 on top as the warmest of all.”
So somebody explain the medieval warming period, and the little ice age.
I suppose we can blame those on mankind as well?
What’s that? We can’t?
So how do we know that we’re not having a completely naturally-occurring warming period then?
And Ben is 100% correct. We could nuke the western world off the map, and the CO2 from China alone would still be the dominant man-made global contribution. So why should we even bother to do anything in the US? It. Doesn’t. Matter.
“A climate of despair”
Reminds me of olygirl.
olygirl ??
She left us way to soon…
We need more ladies around here. AB Dan, we’re scheduling you for gender reassignment surgery.
Sorry do Oddfellow, it would be minor outpatient surgery.
Actually, when I had my vasectomy, they had to bring in a large-animal vet as a consulting physician.
More climate change predictions, this time in the other direction:
“Solar activity predicted to fall 60% in 2030s, to ‘mini ice age’ levels: Sun driven by double dynamo”
http://www.sciencedaily.com/releases/2015/07/150709092955.htm
This, too …
“Sun’s activity influences natural climate change, ice age study shows”
An excerpt:
“‘Reduced solar activity could lead to colder winters in Northern Europe. This is because the sun’s UV radiation affects the atmospheric circulation. Interestingly, the same processes lead to warmer winters in Greenland, with greater snowfall and more storms. The study also shows that the various solar processes need to be included in climate models in order to better predict future global and regional climate change,’ said Dr Muscheler.”
http://www.sciencedaily.com/releases/2014/08/140818095204.htm
“20 years of cleaning up NYC pissed away”
http://nypost.com/2015/07/10/apparently-its-now-ok-to-pee-on-the-streets-of-new-york-city/
Lol, maybe cost of housing is related to quality of life? Maybe if this guy could afford to live in a place with a toilet, he wouldn’t piss in the street?
“He finished his business at a nearby garbage bin, then strolled back to the front of a Victoria’s Secret store at Broadway and 85th Street, where he camped out for the rest of the day.”
And if your train’s on time
You can get to work by nine
And start your slaving job to get your pay
If you ever get annoyed
Look at me I’m self-employed
I love to work at nothing all day
And I’ll be
Taking care of business (every day)
Taking care of business (every way)
I’ve been taking care of business (it’s all mine)
Taking care of business and working overtime
A few years ago In an early spring morning in Phoenix (Arcadia district) before work I stopped at a Starbucks. As I walked back to my car I noticed a bum lying horizontally near a gas station on the corner to the east. From his prone position I could see the parabolic curve of a golden stream in the sunlight.
That is how I remember the Arcadia area.
” From his prone position I could see the parabolic curve of a golden stream in the sunlight”
Good poetic imagery. Sounds like Bukowski.
I have read a few of Charles Bukowski poems. I can get into that stuff.
You might like his novels, he wrote a lot about LA. He’s…kind of different. Sort of a cross between Ernest Hemingway and Hunter S. Thompson, with a little Oscar Madison thrown in.
The nicest SFH residential area in Phoenix and you remember it based on one odd bum you saw? Crikey how do you put up with SoCal with 1000 times the bums and illegals everywhere.
It is worse in the South Bay part of L.A. That is a fact. But in my part of Mission Viejo there is only one homeless lady (bum) who hangs around Starbucks. She has mental issues and scrounges in the trash cans.
Elections have consequences.
I actually I see this as Performance Art.
“PISS NEW YORK”
Elections have consequences ??
You betcha…And we are still paying dearly for 2000 & 2004…..
Read the first two paragraphs of that article and check out the photograph:
Here’s an up-close look at a quality-of-life offense the City Council wants to decriminalize.
This urinating vagrant turned a busy stretch of Broadway into his own private bathroom yesterday – an offense that would result in a mere summons if Council Speaker Melissa Mark-Viverito and her pals get their way.
Apparently NY Post readers can’t imagine what public urination looks like. The issue of great importance is the police should deal with such activity. Some people on NYC city council want to have the police essentially write a ticket. So the cops must currently have the option of arresting the person, hauling them down to jail, and so forth. This writer wants that to continue. He wants his taxes to pay for cops to spend a lot of time arresting these people.
“Pentagon Concludes America Not Safe Unless It Conquers The World”
http://www.paulcraigroberts.org/2015/07/10/pentagon-concludes-america-safe-unless-conquers-world-paul-craig-roberts-3/
“Pentagon Concludes America Not Safe Unless It Conquers The World”
More likely that Israel is not safe unless the U.S. conquers the world.
Wellington, FL Housing Prices Fall 20%
http://www.movoto.com/wellington-fl/market-trends/
http://davidstockmanscontracorner.com/greece-capitulates-europe-kicks-the-can/
New MTV Documentary explores “What does it mean to be white?”
MTV is premiering a documentary called White People, in which white people are forced to think about how white they are! What does it mean to be white? Don’t miss ‘White People’ on Wednesday, July 22nd at 8/7c on MTV. Check out the trailer below!
- See more at: http://www.power92chicago.com/2015/07/08/new-mtv-documentary-explores-what-does-it-mean-to-be-white/#sthash.5bc1TDFE.dpuf
Jose Antonio Vargas asks “What does it mean to be white?”
Oo-ee-oo I look just like Buddy Holly
Oh-oh, and you’re Jose Antonio Vargas
I don’t care what they say about us anyway
I don’t care bout that
Bang bang, knock on the door
Another big bang, get down on the floor
Oh no, what do we do?
No knock raid it’s not for you
I can’t run and I can’t kick
What’s a matter Vargas, are you feelin’ sick?
What’s a matter, what’s a matter, what’s a matter you?
What’s a matter Jose, are you feelin’ blue?
Oh wee-ooh, I look just like Buddy Holly
Oh, oh, you’re not Mary Tyler Moore
I don’t care what they say about us anyway
I don’t care ’bout that
Buddy Holly by Weezer (Lyrics in description) - YouTube
http://www.youtube.com/watch?v=W1MIIZeIoUY - 194k
New MTV Documentary explores “What does it mean to be white?”
If you live in an urban area, it means, increasingly, you’re a target. Just don’t call these attacks “hate crimes” because they will never be prosecuted as such.
http://www.liveleak.com/view?i=282_1409879278
“Just don’t call these attacks “hate crimes” because they will never be prosecuted as such.”
Posting links like these have been covered by the 3 writers of…
The Dylan Roof murder Manifesto
We will point out key phrases that don’t fit, that seem to have been edited in or that aren’t used in this region of the country or by people of Dylann’s socioeconomic state:
Whose manifesto is this?
“But more importantly this prompted me to type in the words “black on White crime” into Google, and I have never been the same since that day.”
To take a saying from a film, (In the south, they are called “movies.”) “I see all this stuff going on, and I dont see anyone doing anything about it. And it pisses me off.”. To take a saying from my favorite film, “Even if my life is worth less than a speck of dirt, I want to use it for the good of society.”.
comments
Harold Saive · Top Commenter · Gainesville, Florida · 352 followers
One of the authors of Roof’s manifesto gave himself away 2 times by using the alternate, EU (germanic) spelling of “LENSE” (Lens). Also…Josef Lense was a theoretical physicist from Austria who died in Munich. - https://en.wikipedia.org/wiki/Josef_Lense
http://www.veteranstoday.com/2015/06/21/dylann-roof-the-manifesto-which-never-wuz/ - 204k -
” (In the south, they are called “movies.”) ”
lol
Hey, look on the bright side. Dylan brought a lot of attention to some of your favorite black-on-white crime web site sources. Looks like they helped make him a man who thinks a lot like you. Good work. Thanks for finally getting that flag taken down.
It’s all pretty deep for someone who dropped out of high school after the ninth grade.
“Only a fourth to a third of people in the South owned even one slave. Yet every White person is treated as if they had a slave owning ancestor. This applies to in the states where slavery never existed, as well as people whose families immigrated after slavery was abolished. I have read hundreds of slaves narratives from my state. (BANG!! When you got your PhD before joining the ADL or SPLC?)”
“It’s all pretty deep for someone who dropped out of high school after the ninth grade”
Yeah, he must have got it from those web sites, eh? That’s what they’re for, right?
One of the authors of Roof’s manifesto
What’s your point? One of the South’s white racists went into a church and killed 9 black people because they were black, admitted it in front of them and he talked about something like it before.
Who the he!! cares about a “manifesto” after that?
Cherry, Grape, Lemon-Lime, Orange, Raspberry, Strawberry.
The huge stock market crash will stop the flow of money into real estate on the west coast of Canada and California - Molyneux.
http://www.activistpost.com/2015/07/the-fall-of-china-what-it-means-to-you.html
It already has. The cratering equities markets outside the US simply assist in the normalization of housing prices here and globally.
Things will look remarkably different 18 months from now.
My rent in Southern California was unchanged from last year. My sister’s rent went up more than ten percent in Northern California so I am hoping the RE crash will affect her area to drop her rent.
This drive up of stucco box prices by foreigners has been on a much larger scale than in he 80s when arrogant Japanese gobbled up California real estate, and their market crash caused the bubble to pop in California.
130 million Japanese 1,400 million Chinese, that is the difference and why it will last a lot longer. The average Chinese IQ is higher than the average American yet they still receive about 1/4 of our pay. That gap will close thus this will continue for quite a while. The Japanese had almost closed the gap completely prior to their slowdown. And that is the correct term since their GDP per capita has never been higher.
Didn’t the cutback in the aerospace industry contribute to the California bubble pop in the early 90’s?
I seem to recall that the fall of the Berlin Wall and the former Soviet Union resulted in lower defense spending which affected Southern California especially hard: lots of highly paid engineers suddenly out of work.
My point is that it was more than just the Japanese crash.
My point is that it was more than just the Japanese crash.
Yes it was. I was there in LA. Then NorCal until 08. The Brazilian bubble is my third.
They follow me. lol
I seem to recall that the fall of the Berlin Wall and the former Soviet Union resulted in lower defense spending which affected Southern California especially hard: lots of highly paid engineers suddenly out of work.
And many had a hard time transitioning into non DoD work.
As I suggested yesterday, I am not sure of that it might cause more money to flow into U.S. housing. If they cannot get a return on China savings accounts, Chinese housing is stabilizing but hardly a bull market, the Chinese stock market bull market is over, so U.S. housing just might make sense to them until it starts falling in price.
I think the idea is that a lot of Chinese will want to sell their overseas real estate to make up for their paper losses in the stock market. This happened before. It will happen again.
Why sell your asset that is going up to make up for your asset that has recently dropped? Perhaps if the Chinese market was still dropping you might have margin calls otherwise it does not make sense to me.
My take is that most of the so-called Chinese ‘investors’ in my area (I’m talking SFH, not commercial or multifamily) are flight-to-safety asset-preservation buyers. They are parking their money offshore, buying with all cash, and even if the housing market drops 50%, they will not sell, as 50% of something is better than 100% of nothing that they may have had if they had kept their money stateside.
It’s all dumb.borrowed.money. my friend.
‘a lot of Chinese will want to sell their overseas real estate to make up for their paper losses in the stock market’
You might want to read the desk clearing post and the comments section from yesterday.
Thanks. While at the shop getting my car maintenance, I read through them. I noted that the Chinese are dumping their Chinese real estate. Lots of Vancouver places are vacant. My question is about San Francisco Bay are real estate and how the contagion will affect its house prices and rentals. I expect another boom on Sacramento, Merced, and Fresno real estate as happened late in the last boom as desperate FBs want a house, just any house.
I think the idea is that a lot of Chinese will want to sell their overseas real estate to make up for their paper losses in the stock market. This happened before. It will happen again.
One key difference is that unlike in Japan, China’s kleptocrats could face a firing squad for their misdeeds. When they overpaid, the Japanese were merely speculating. For the Chicoms this is about setting up a safe house, which is why they are going for the green card type deals in various countries and even having their kids born here.
Yes but at 10 houses per high ranking commie?
I suppose the ones left behind will be the angry new commies, they will be obvious as they did not win in the musical chair contest.
“U.S. housing just might make sense until it starts falling in price.”
Prices are already falling. Right Dan?
Or more money will escape Chinese stocks into American housing.
More empty luxury housing pushing more people into lower end housing, pushing those at the bottom out onto the street.
I have seen our future, and it smells like urine.
You got prob with central planning, bro?
I think it is a fair point to say you should not be complaining about all the welfare FSA freeloaders destroying society when rich oligarchs are getting 1000x plus in free shit govt subsidies for things like sports stadiums, tax break “business incentives,” etc.
I dislike both types of theft.
Exactly. Plus with these stadiums deals the sheeple usually vote for the bonds to fund the stadium to keep their teams in the cities, still wrong but they know exactly what they are voting for and the people being impacted are voting for it. These entitlements programs do not get put to a public vote and were approved by a congress decades ago.
Some “sheeple” never had a say in the matter:
http://deadspin.com/cobb-county-taxpayers-wont-get-a-say-on-funding-the-bra-1462355602
How about we go after both?
Oh that is right - the FSA votes democrat so just ignore them or make excuses for them.
Besides - looks over there. Jon Corzine is walking free!
What is more cost effective?
Sending the FBI after twenty banksters that have stolen $100 billion, or sending 1000 cops after 2000 people who may have ripped off a few hundred dollars each
My proven philosiphy is “Take care of the big problems, and the small ones will fix themselves”
How about we go after the fraud, waste and abuse of where the taxpayer money is spent (to buy votes). And it id not a few people ripping off a few hundred dollars.
Individual entitlements: 60% of the US Federal Budget
Defense: 17% of the US Federal Budget
Net Interest: 6% of the US Federal Budget
https://en.wikipedia.org/wiki/United_States_federal_budget#/media/File:U.S._Federal_Spending_-_FY_2011.png
How about we go after both?
As long as 95% of the ‘Murican electorate votes for Wall Street water carriers like Obama, McCain, Romney, Bush, or HillaryJeb, Wall Street has a mandate to steal and swindle with impunity.
the FSA votes democrat so just ignore them
There is no FSA to any meaningful degree in the USA. How can things like foodstamps be considered “free” when their jobs and opportunity were taken away?
It seems like somebody somewhere got something for free but it’s not the mythical propaganda of the “FSA”.
Propaganda to hide the fact that TrickleDown did not work. “It’s the poor people’s fault”.
There is no FSA to any meaningful degree in the USA.
BAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!
Oh just stop it. Yer killin me…
Oh just stop it. Yer killin me…
How can that be funny? In the big picture, what are people getting for “free” if their jobs and opportunity were taken away?
It seems much of of the “FSA” have paid for their “free” stuff with their jobs, or paid for their “free” stuff with wages that have not kept pace with inflation. Or paid into SocSec/Medicare.
Here’s another way the “FSA” paid for their free stuff. The USA wages have not kept up with productivity. Look at the chart below. Americans have paid a lot for their “free stuff”.
https://thecurrentmoment.files.wordpress.com/2011/08/productivity-and-real-wages.jpg
‘This Interview Is Over’: Clinton Backer Hangs Up On Host After Grilling Over Clinton Emails [VIDEO]
by Daily Caller | Al Weaver | July 11, 2015
Former Clinton White House special counsel Lanny Davis hung up on Newsmax TV host Steve Malzberg Friday after the host grilled him over Hillary Clinton’s email scandal.
The Newsmax TV host opened up the interview by bringing up the fact that Clinton claimed that she never received a subpoena over her emails, even though Rep. Trey Gowdy revealed on Wednesday that Clinton did indeed receive one in March.
Davis went on the defensive immediately, telling Malzberg that Clinton was referring to not getting one prior to her giving her emails to the State Department.
“Why did Hillary say she never got a subpoena on CNN when there have been several subpoenas?” Malzberg asked initially.
“Okay, she said she never got a subpoena in the context of a question of whether she had a subpoena prior to her delivering the emails to the State Department,” Davis responded. “That was the question she answered. A time specific answer, she had not gotten a subpoena at that time. I think she probably misunderstood that it would be interpreted this way. But knowing Trey Gowdy, who’s never answered the question, ‘why won’t you call her publicly to testify why you won’t release the transcript of Sidney Blumenthal’s deposition. That’s what we should be talking about.”
Malzberg | Lanny Davis reacts to Hillary saying she “never had a …
http://www.youtube.com/watch?v=aIxq8Ads8Lc - 176k - Cached - Similar pages
17 hours ago
From tolerance
to acceptance
to forced indoctrination.
Ever notice there is never any tolerance or free speech coming from the left?
————–
Oregon Christian Bakers Forced to Pay $135K by Monday Deadline or Lien May Be Placed on Home
Christian Post ^ | 07/11/2015 | Samuel Smith
More than $210,000 has been raised in support of the Oregon Christian bakers who are being forced by the state to pay $135,000 in “emotional damages” to a lesbian couple for declining to bake them a wedding cake in 2013, an act that would have violated their deeply-held religious convictions.
A letter from BOLI was sent to the Kleins informing them of their payment options.
“The letter informs them that if we do not hear from them, we may turn the matter over to the Department of Revenue, which can place a lien on real property,” a BOLI spokesman told Fox News’ Todd Starnes. “Of course, they can also ask for a stay of enforcement while they pursue their appeal.”
Anna Harmon, the Kleins’ attorney from Alliance Defending Freedom, said the letter is just another sign that the state is sticking to its guns.
“This letter, while its the normal procedure, continues to show the state is not backing down,” Harmon told Starnes. “They don’t think they did any wrong here.”
Although it is likely that the Kleins will ask for a stay of the judgment as the couple is expected to appeal Avakian’s ruling to the Oregon Court of Appeals , Avakian will be the one who rules on whether the Kleins should be granted a stay.
“The judge, jury and executioner are all in one place,” Harmon said. “He is intent on using his officeroot out thought and speech with which he personally disagrees.”
Yes. Anything they disagree with is “hate speech” and they think should be banned.
Yeah, because those wonderful Christian bakers were actually fined because they posted the lesbian couple’s address and contact information on Facebook and the couple received death threats and the like. The fine had nothing to do with religious beliefs. But that doesn’t fit the ridiculous persecuted Christian narrative, does it?
And “they” hate us for our freedom. We have the freedom to go along with our Comissars of Political Correctness, but any objections are “hateful.”
The backlash is building.
http://www.theburningplatform.com/2015/07/09/paybacks-a-bitch-rural-wisdom-and-the-gathering-storm/
The backlash is building ??
Bush & Cheeney blew-up the republican party as it was previously known…With each passing year, the white southerners see that their views on any number of issues are further out of the main stream of society…They are dying and they know it…So, when you know that you have lost, but you won’t give up, you turn to anger…Just look at Texas…They want to secede from the union…
Thanks for another lame, statist post. Just one sample fomr that screed:
Standard beatdown of white man by black mob at Fourth of July in Cincinnati. Almost a daily occurence. The media will hide it. This is not a part of my culture. Why do we put up with it?
The media hid it? So how’d you find out about it, Fred? Were you there in the crowd in Cincinnati?
Standard beatdown of white man by black mob
Wake me up when they start systematically lynching us Crackers.
Lynching as Racial Terrorism - The New York Times
http://www.nytimes.com/…/lynching-as-racial-terrorism.h...
The New York Times
Feb 11, 2015 - The report focuses on what it describes as “racial terror lynchings,” which were used to enforce Jim Crow laws and racial segregation. Victims …
Jim Crow Laws - Enacted and enforced by DEMOCRATS
KKK - Founded by DEMOCRATS
Radical Lynching - Done by DEMOCRATS
Filibuster Equal Right Laws - Done by DEMOCRATS
Having a KKK Grand Wizard as a Senator - Done by DEMOCRATS
Maybe there is a pattern here…
Next you’ll be telling us George Wallace was a Democrat. Wait, he was!
https://en.wikipedia.org/wiki/George_Wallace
Another fact not taught in school school anymore.
The abolitionist movement was a CHURCH MOVEMENT.
Freeing the slaves would have never happedne without the church.
And now gays want to crush the church.
And blacks have no idea what is going on.
And all those Confederate flags at the capitals, who put those up in the first place? Democrats!
Now, now, let’s bury the hatchet. The Democrats have turned away from their shameful past.
Radical Lynching - Done by DEMOCRATS
Everyone should know that. But it’s mostly irrelevant to the reality of the current base of each political party. To deny that the parties switched positions largely based on race in the 60s is to deny reality.
On race, most yesterday’s Democrats are today’s Republicans. So how does pointing out that yesterday’s Democrats were more racist negate the fact that many Repubs today are the racists? I don’t see how this can be a valid argument.
“One of the largest shifts in voting patterns occurred in 1964, during what many scholars call the Southern realignment–when white Southern voters, likely motivated by race, abandoned the Democrats to vote for Republican Barry Goldwater.”
When Did the Republican and Democratic Parties Trade Places?
http://us-presidents.insidegov.com/stories/3613/republicans-democrats-switch-platform
The logic of liberals.
No really - those democrats are not today’s democrats.
And republicans turned to the evil that democrats used to be…
Blah, blah, blah.
It is your democrat history and YOU OWN IT.
The logic of liberals.
That you can’t possibly refute. Again, how does pointing out that yesterday’s Democrats were more racist negate the fact that many Repubs today are the racists? Does it just magically make all the racists in today’s Repubs disappear? A lot of Repubs are not racists because Dems used to be racist? That “logic”?
republicans turned to the evil that democrats used to be…
And there it is.
To deny that the parties switched positions largely based on race in the 60s is to deny reality.
1960’s? Try 1930’s, with FDR cementing that the Dems were the party of the people. The Southern racists were just so stupid that it took another 45 years (Reagan) to figure it out.
And even then now there are still a few Southerners who still kneejerk as Dems to take revenge on Lincoln.
When I was growing up, Texas was a one party state. It didn’t have anything to do with Lincoln. My Dad was one of the few Republicans I knew. The whole Reagan/Bush deal turned me off the GOP before I was old enough to vote and I found the libertarians.
Anyway, I’m glad the Democrats have shed their segregationist past.
Texas is still a one party state
Second time in a week?
You can tell this is a local story otherwise it would be more like last 4 hours.
For second time in a week, illegal immigrant accused of hit-and-run
By Ed Crump
Friday, July 10, 2015 06:45PM
RALEIGH (WTVD) –
Federal immigration officials tell ABC11 a second illegal immigrant suspected of causing a serious wreck this week will not be allowed out of jail.
Earlier this week, the I-Team covered the return of Efren Roblero to the streets of Wake County.
Roblero is accused of driving drunk and causing a crash that injured two people over the weekend. He managed to post his $75,000 bond and U.S. Immigration and Customs Enforcement officials approved his release from jail.
Now, another illegal immigrant, Antonio Arellano, is accused of hit-and-run causing serious injury, driving without a license, and reckless driving.
The woman he allegedly hit spoke to ABC11 Friday from her hospital bed at WakeMed where she is recovering from surgery.
“Just looked up and there’s a truck coming head on. I tried to swerve to avoid it, and there was nothing I could do,” said Stephanie Johnson.
Johnson says she heard about the release of Roblero on ABC 11 and feared Arellano might also get out of jail. She suspects Arellano might have been driving drunk.
However, that’s something investigators can’t prove since he wasn’t arrested until two days after the crash.
“I see here that you have two prior convictions for impaired driving and that you have been removed from the United States by a previous immigration proceeding,” Wake County District Court Judge Ned Mangum told Arellano during the suspect’s first court appearance on the charges Friday afternoon.
During that appearance, Mangum nearly tripled the bond on the 31 year old.
Witnesses at the crash scene identified Arellano.
That includes the woman who told a 911 dispatcher: “The gentleman walked away. He got out of the F-150 [pickup truck] and walked toward Jonesville Road.”
Johnson, who suffered a lacerated liver, a broken wrist and ribs, and a compound fracture to her left leg, can’t believe anyone could walk away from a crash and leave someone badly injured.
“I know he heard me screaming for help,” said Johnson. “That’s all. That’s all I ever remember saying, ‘Help me. Get me out of this car.’”
An ICE official said because Arellano has two prior DWI convictions in Wake and Randolph Counties he falls under the “priority” category for the Homeland Security agency.
That means, if Arellano posts his $32,000 bond, he still won’t be able to leave jail because the feds will detain him.
Roblero was approved for release according to the ICE official because he didn’t meet ICE priorities — specifically that he hasn’t been convicted of a crime and hasn’t been deported since 2014.
He has been charged with prior crimes that haven’t been tried and was deported but that was before 2014.
abc11.com/news/another-illegal-immigrant-accused-of-hit-and-run/841448/ - 122k -
Just some more “acts of love”
Trump makes an attempt at damage control but only makes it worse:
“I have great respect for the country of Mexico,” he said, adding “They’re sending people into our country that we don’t want but we take and that they don’t want. And you know who they’re sending.”
This is how the mind of a racist works. An entire nation of people are summed up into one big uniform “they.” “They” send people “they” don’t want. Never mind the truth that Mexico is a complicated place with lots of competing factions, languages, and socio-economic factors. There is no one “they.” And “they” don’t “send” people. They come on their own accord.
This is how the mind of a racist works.
Seems to work with the “check your white privilege” crowd…
Are we sure Trump isn’t employed by the Clinton Foundation?
I’m wondering if Trump is p-ssed off at the GOP for not supporting him and so he’s going out of his way to be a public embarrassment to the GOP on purpose. “You’re not supporting me so I’ll make sure Hillary wins.” His personality and money would support that scenario. That Tweet he deleted: ‘Jeb Bush likes Mexican illegals because of his wife.’ It almost seems like a bitter poke in the eye to the GOP.
LMAO! Never knew youse guys were so concerned about the welfare of the GOP. ROTFLMAO.
Anyone watch Trump’s speech? If so, you were probably watching CNN, which ran it almost in its entirety. Fox news pretty much ignored it til it was over, then gave a quick mention of it.
Quite a stemwinder, and he’s definitely not pulling any punches. He mentioned Jeb was governor over 5 sanctuary cities. Those two are going to end up in a fist fight.
On to Arizona!
Arizona was awesome. Go, Donald!
‘This is how the mind of a racist works.’
You can have a safety net or open borders, but you can’t have both. It used to understood that big corporations were the ones pushing illegal immigration. It drives down wages and increases demands on the government. Mexico and these other countries are exporting their unemployment and social unrest. The human traffickers are a really bad bunch of people. This situation is negative for the people south of the border and for the US.
You’re right, these problems do exist and the traffickers are bad people. The problem isn’t the facts, it’s Trump’s messaging. Pick one:
1. Trump is racist and his words reflect that. A modern-day George Wallace.
2. Trump isn’t racist, only his poor choice of words make him look that way. He means well, he’s just gaffe-prone.
3. Trump isn’t racist, but he’s mad that the GOP won’t support him and this is all an act to embarrass them.
What I see is a very important issue being buried in the coverage of his personality. The only winners are those that seek to continue and legitimize the illegal immigration, which I am against for the reasons I cited.
As much as I think Trump is a blowhard and often sticks his foot in his mouth, I agree with him that illegals are negative for this country.
I think one can be strongly against illegal immigration and not be racist. But of course many are too. So it is a complicated issue imo.
Trump’s comments seem to point to a racial aspect which is a shame because anyone who throws a firecracker into the Republican Clown Car cracks me up.
(But maybe that’s the gunpowder in the firecracker.)
Anyway, Trump has some ideas that are good too. It’s going to be a good show.
Here is a good idea. I wonder if we can believe her…
“I am adamantly against illegal immigrants. Certainly we’ve got to do more at our borders,”
“People have to stop employing illegal immigrants.”
– Sen. Clinton said on the John Grambling radio show in Feb. 2003.
I would love to see Greece sue Goldman Sachs for the latter’s complicity in helping the previous Greek administration cook the books so Greece could get into the EU. Preferably in a non-US (i.e. non-coopted) court where there might actually be a shot at justice.
http://www.independent.co.uk/news/world/europe/greek-debt-crisis-goldman-sachs-could-be-sued-for-helping-country-hide-debts-when-it-joined-euro-10381926.html
I love reading the headlines of Trump soaring in the polls. First, it means after decades of ‘Muricans blindly casting votes for oligarch-owned Republicrat candidates who are screwing them blind, more of the sheeple are finally waking up. Second, it forces the Hollow Man Establishment GOP candidates, i.e. Jeb, Cruz, Rubio, Walker, Christie, etc. to publically address the issue of uncontrolled immigration, which most (and their oligarch backers) would much rather sweep under the rug.
http://www.businessinsider.com/donald-trump-is-dominating-2016-2015-7
“I love reading the headlines of Trump soaring in the polls.”
I’ll bet Hillary does too.
Her delight may be short-lived. The sheeple are waking up. In 2008 and 2012, 95% of the electorate bent over and grabbed their ankles for the Oligopoly and its water carriers (Obama, McCain, and Romney). Now people are opening their eyes. That does not bode well, long-term, for a venal, deeply corrupt crony capitalist like Hillary. Or her clone Jeb for that matter.
“I love reading the headlines of Trump soaring in the polls.”
As I do….This circus exceeds the 2008 clown show…
And Hilary is the voice of reason. What a duma$$!
I hope he brings on Palin as a running mate!
Greece’s “radical-left” bon vivants just bent over and grabbed their ankles for the Troika. Squeal like a piggie, Greece!
http://www.zerohedge.com/news/2015-07-11/troika-says-greek-proposal-not-enough-meet-targets-serves-basis-negotiations
Not really they won’t go along without debt relief. One way or another they are going to get it.
Germany is the one that’s getting bent over. Appropriate too as it is there of their own making.
Syriza just threw Greek voters under the bus. So much for respecting the will of the people. Even after Syriza’s craven climb-down, there are no guarantees that they are going to get the usual bailouts for empty reform promises, since Frau Merkel’s abililty to carry out her bankster puppet-masters’ orders are being constrained by the rapid raise of nationalist and Euro-sceptic parties infuriated over seeing German taxpayers put on the hook for trillions in bad debt run up by successive corrupt Greek governments in cahoots with banksters like Goldman Sachs.
Will be interesting to see how things play out this weekend.
Sampras — er, I mean Tsipras — did an Obama. Obama campaigned left, hope and change, etc. and as soon as he gets into office he appoints a bunch of Big Bank and Wall St. insiders to deal with the 2008 bank collapse. They in turn design a plan to bail themselves out with taxpayer money.
Hmm, something must go on when an outsider gets into office and comes face to face with the elite money interests. What is it that makes them capitulate and do a 180 like that?
“The problem is, is that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion dollars for the first 42 presidents — number 43 added $4 trillion dollars by his lonesome, so that we now have over $9 trillion dollars of debt that we are going to have to pay back — $30,000 for every man, woman and child.
That’s irresponsible. It’s unpatriotic.”
– Barack Obama, Fargo, ND, July 3, 2008
And now 18 trillion plus, thanks Obama.
Hillary is campaigning as a so-faux “champion of the middle class,” and millions of ‘Muricans, especially of the female pursusaion, are stupid enough to buy it. Occupants of the Establishment GOP clown car like Cruz, Rubio, and Walker are campaigning as so-faux “conservatives” but if, God forbid, they ever get elected, will be craven water carriers for the .1% in delivering limitless QE, open borders, gun control, etc. Same as it ever was.
especially of the female persuasion, are stupid enough to buy it ??
Its that type of view that assure a Hilary win….Go ahead…Degrade the women…Watch what happens at the polls….
Go ahead…Degrade the women…Watch what happens at the polls….
Hillary is polling strongest among middle-aged women. Any members of the 99% who vote for a venal, corrupt crony capitalist are imbeciles. Ergo, if the shoe fits….
hat is it that makes them capitulate and do a 180 like that?
They never did a 180. Anyone who went to Open Secrets dot Org could see who their donors were, i.e. Goldman Sachs and George Soros, and would have no excuse for seeing how their puppet-masters were going to be. But apparently 95% of the electorate are just fine with enriching oligarchs while throwing middle class taxpayers and future generations under the bus.
“Anyone who went to Open Secrets dot Org could see who their donors were”
Where do you see that on Open Secrets? I can’t find anything about Greece, Syriza, or Tsipras
You can see who contributed to Obama’s political campaign. And Bush’s. And Hillary’s.
Infuriated over seeing German taxpayers put on the hook for trillions in bad debt run up by successive corrupt Greek governments
Trillions? Greece’s national debt is about $300b
Infuriated over seeing German taxpayers put on the hook for trillions in bad debt
Who cares? Germany received massive write downs in debt after WWI and WWII. Massive. And after they started those wars. Now they refuse to write down any bad debt from others.
What this world needs is the old-school, capitalistic instances of creditors writing down their bad debt. (It’s gonna happen someday right?)
They want a week Euro as it makes their labor more competitive. Thus they wanted Greece in the Euro. No different than China buying our treasuries to keep their currency low.
Of course Greece has paid the price as they can’t devalue to improve their competitiveness. They don’t control their own currency.
Greece’s debt is $320 billion, but total derivative losses and other second-order costs of a default will run to more like $2 trillion. Deutche Bank alone has more than $54 trillion in notional derivatives - what their exposure is to Greece, no one can say.
Because that’s where the money is!
http://www.baynews9.com/content/news/baynews9/news/article.html/content/news/articles/bn9/2015/7/11/police_men_use_backh.html
1) Steal a back-hoe
2) Raze an ATM building and retrieve ATM
3) Profit until the police catch you
r u miserable?
http://www.thestandardrecord.com/10-miserable-states/
They neglected to poll both coasts which are the locations of the poorest states in the US.
liar
Does anyone here live in Reno, NV or Carson City? NV has no income tax, and about 1% prop tax. No humidity, mild 4 seasons. I am thinking of moving, as I get older I use the beach less and would like to do more fly-fishing near Tahoe. Heck, I could easily afford a boat, with NV’s low COL. Santa Fe, NM is #2, but been there, done that. Opinions??
I do not think the last 30 years have been kind to Reno.
downtown is not too nice. But like anywhere there are some nice areas and 25 mins to Tahoe area. See the NW side, 10 rated schools are a good sign.
Santa Barbara has areas I would not live in for free too.
I new a guy 20 years ago who was going to retire in Gardnerville. Probably not a bad place.
Let them eat…”beef” ?
http://www.afr.com/business/agriculture/billionaires-beef-up-in-bush-20150710-gi8qlk
A few weeks old (6/4/15), but interesting:
Rabid bat hanging on motorized cart bites someone at ABQ Walmart
A bat found hanging from the basket of a motorized wheelchair at a Wal-Mart in Albuquerque tested positive for rabies, and anyone who had contact with it is urged to contact health authorities. A person who helped remove the bat from the cart was bitten and is expected to begin receiving a series of vaccinations for rabies, which can be fatal, health officials said.
Rabid bats biting feral mutant people. The Zombie Rage Virus can’t be far behind.
Don’t have a job? Wanna volunteer?
http://maine.craigslist.org/fbh/5118255553.html
So last week’s Bitcoin gains were attributed to the Grexit. This week it is attributed to buying from China.
http://moneymorning.com/2015/07/10/bitcoin-value-today-surges-on-buying-from-china/
Professional slaving operations?
Forced labor?
Sex trafficking?
Forward!
Obama Won’t Let Some Mass Graves Stop the TPP
It appears Malaysia will be given a free pass on human trafficking in order to protect the controversial trade deal.
By George Zornick
July 10, 2015
When Congress finally passed fast-track trade authority last month, there was a major problem for President Obama and his trade negotiators: a provision of the bill forbid any fast-tracked trade deal from including countries on Tier 3 of the State Department’s human trafficking list.
That’s the worst classification the United States gives to countries in its Trafficking In Persons annual report, a status earned by countries like Zimbabwe, Syria, the Democratic Republic of Congo, and North Korea. Also on the list: Malaysia, one of the 12 potential signatories to the Trans-Pacific Partnership trade deal that is in the final round of negotiations this month.
Malaysia is home to many “outsourcing companies” that are, in reality, professional slaving operations: foreign workers, often refugees fleeing desperate situations in nearby countries like Burma, are recruited to the country with the promise of legitimate work but then subjected to forced labor and sex trafficking. The State Department and international human rights groups have routinely concluded the Malaysian government does very little to inhibit the traffickers’ operation.
Senator Robert Menendez inserted language into the Senate version of fast-track prohibiting the use of fast-track for a trade deal with a Tier 3 country, presumably with an eye on Malaysia. The Obama administration and Republican leaders in the House tried to have the language removed but were unable to excise it due to the complicated path the fast-track bill took through Congress.
Observers were then unsure what would happen next. Would Malaysia be thrown out of the deal? Would the United States lean hard on the Malaysian government to crack down on human traffickers so it could sign the trade deal? Was there any chance fast track would be disengaged for the TPP?
Instead, the Obama administration appears to have chosen another path that has shocked the human-rights community: It will simply reclassify Malaysia. Reuters has reported that when the Trafficking in Persons report comes out next week, Malaysia will no longer be a Tier 3 country.
Outrage also came Thursday from Representative Rosa DeLauro, a leading fast track and TPP opponent in the House. “The only reason to upgrade Malaysia to a tier two country is to bypass the ban that is currently in U.S. law,” she said in a statement. “President Obama and Secretary Kerry must do the right thing and not arbitrarily upgrade Malaysia as a means to secure the TPP. This is an irresponsible, unacceptable political game.”
http://www.thenation.com/article/obama-wont-let-some-mass-graves-stop-tpp/ - 76k -
phony scandals