It’s good to see that our congress needs foreign leaders explain to them if the Iran deal is good for America.
House members’ trip to Israel allows Netanyahu to press case against Iran nuclear deal
The tandem trips — Democrats returned Monday and Republicans depart later this week — gave Netanyahu the chance to press his case in person. House Minority Whip Steny Hoyer, D-Md., who led a 22-member delegation and was himself undecided before leaving, said the group met over the weekend with Netanyahu for nearly two hours and that the prime minister made his point without trying to tell them how to vote.
I am so sick of the “anti-semite” or worse yet the “Nazi” card being thrown around in the wake of any criticism of Israel
Christian Zionists are the problem, not secular Jews, not Catholics, and not mainstream Protestant Christians. It’s the f*ing nujobs who dominate electoral politics in the Deep South, voters who elect Mike Huckabee and Tom Cotton and Lindsey Graham, with their apocalyptic world vision and dreams of Rapture
Yeah I think people are too afraid of being labeled Nazi if they say they oppose the state of Israel. Silence is permission for zionism to continue endless wars.
So, now Goon is the person to isolate and target. You shitty little troll. You won’t be happy until you’ve destroyed this blog, will you? Get bent.
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Comment by Goon
2015-08-13 07:40:37
Social Justice Warriors™ and FoxNewsHate link clickers may seem to espouse differing ideologies, but they are equally intolerant of free thought
Never take it personally
Comment by Oddfellow
2015-08-13 07:54:17
I’m just ribbing the old boy, from one social register lad to another. It’s irony, you wouldn’t understand.
Comment by palmetto
2015-08-13 07:54:27
I can’t help it. I know exactly what this POS is doing, it’s so obvious. Right now it’s a testing phase, looking for weakness and prey to isolate. He tried it with phony, tried to smear him as a racist and see if he could possibly get agreement from others on the blog, see who bites.
I may have disagreements with some on the blog, but I’m often interested in their point of view.
This jerk just wants to sow seeds of ridicule and discord. Cuck ‘em.
Comment by Dman
2015-08-13 08:13:06
“Shitty little troll”, “POS”, I’d say that pretty much sums up your role in this site.
Comment by Oddfellow
2015-08-13 08:18:27
“looking for weakness and prey to isolate”
Zee shark never sleeps…having consumed and defecated ABQDan, he still seeks more…never satisfied…
Comment by WPA
2015-08-13 08:32:10
I’ll reply here along with Dman and Oddfellow. I wouldn’t want Palmie to miss out on his imaginary “triple headed hydra.”
Comment by palmetto
2015-08-13 08:38:43
Hello, Anklepants. When’s Rio showing up?
Comment by palmetto
2015-08-13 08:51:03
Except Dman is not part of your triple troll persona, Rioddwpa.
Comment by Oddfellow
2015-08-13 08:57:31
The three headed hydra is upon you, palmy, run for your life! Goon was a ruse, it is you we seek! You!
Moo-hoo-ha-ha-haaaaa!
Comment by WPA
2015-08-13 09:03:58
Except Dman is not part of your triple troll persona, Rioddwpa.
Perhaps Palmy you accuse three liberal posters of being the same person hiding behind multiple handles because it soothes insecurities you have about not being part of a majority. Reduce multiple liberal voices to one person and you are safely ensconced in a larger group. Hope it makes you feel warm and fuzzy.
Comment by palmetto
2015-08-13 09:08:47
Keep it up, maybe some will wonder every time they read one of your sly insinuating posts.
Comment by palmetto
2015-08-13 09:15:04
LOL, Sly, you’ve been outed.
Comment by palmetto
2015-08-13 09:18:51
Oh, BTW, you gave yourself away in reply to one of Mafia Block’s posts. Epic fail.
Comment by WPA
2015-08-13 09:40:47
Oh, BTW, you gave yourself away in reply to one of Mafia Block’s posts. Epic fail.
Nope. Ben’s IP address records will prove I am not Rio or Oddfellow; ask him if you that concerned. At the rate you’re going my friend your palm tree is on the verge of morphing into a joshua tree…
Comment by Oddfellow
2015-08-13 09:53:44
What gave us away?
Comment by palmetto
2015-08-13 09:55:16
LOL, anyone can register under different IPs.
Wait, what? Did you just threaten to put me on your JT list? Oh, NO, Puhleeze, not the joshua treeeeeeeeee!
You wouldn’t do that, though. Because you can’t leave people alone. It would mean you’d have to come up with another IP and more pretense.
Comment by Oddfellow
2015-08-13 10:09:45
Was it our matching socks?
Comment by Lola
2015-08-13 10:16:39
lol@Lola.
Comment by RioAmericanInBrasil
2015-08-13 10:58:30
Hello, Anklepants. When’s Rio showing up?
I’ll show up now, clown. “Palmetto”, you’ve turned from an interesting poster with a lot to add into an angry, paranoid clown.
If you think Rio, Odd and WPA are the same poster you’re not just angry and paranoid, you are dumb, and don’t know the makeup of your country. (Hint: You don’t and it’s all slipping away huh?)
Perhaps Palmy you accuse three liberal posters of being the same person hiding behind multiple handles because it soothes insecurities you have about not being part of a majority.
I couldn’t have said it better myself. (Which I didn’t. LOL) The world abounds in clowns.
I’m amazed that no one has said that this isn’t the U.S. deal with Iran. This is the deal of all the countries who went along with the sanctions with Iran.
If all the countries think the deal is fair, they may end sanctions even if the U.S. does not. And in that case the U.S. sanctions won’t mean anything.
Most people don’t know jack about the deal except whether or not their team is for it or against it.
Most Americans are dumb to the big world out there. We think we’re the end all. Why do you think most the world thinks we’re full of ourselves? Because in general we are.
Example: Why does palmetto “paranoidinally” think every “lib” poster is the same person? Because of a narrow, personal, self-important view. (As if his is the only view of the USA.) It’s related.
Heads up: America is not the entire world. Get over yourselves and ourselves.
Of course not. The Fed never had any serious intent to raise rates. QE and ZIRP are its main tools for swindling the 99% out of trillions that can then be gifted to its oligarch accomplices.
There may be a limit but we are not anywhere near close to it. The public would wholeheartedly support bailouts and huge intervention now to keep things afloat. Anything to stop another crash like 08. So more and more stagflation.
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Comment by azdude
2015-08-13 06:42:10
just keep inflating assets prices and borrowing from the future ?
Comment by 2banana
2015-08-13 06:45:06
Bailout Plan Rejected, Markets Plunge, Forcing New Scramble to Solve Crisis
The Wall Street Journal - Sept. 30, 2008
WASHINGTON — The House of Representatives defeated the White House’s historic $700 billion financial-rescue package — a stunning turn of events that sent the stock market into a tailspin and added to concerns that the U.S. faces a prolonged recession if the legislation isn’t revived.
The 228-205 vote, which defied a full-court press from the president and the Treasury secretary, marked a dark moment in a month that has shaken the financial system to its core and forced the government to take a host of ad hoc measures to shore up confidence. Earlier Monday, U.S. authorities helped arrange the sale of Wachovia Corp. to Citigroup Inc., while the Federal Reserve joined other central banks in injecting more funds into credit markets.
Related Bailout Videos
The bill’s failure marks a stinging defeat for the nation’s political leadership. Both Republican and Democratic leaders in Congress and the White House had crafted an agreement over the weekend that was supposed to appease these simmering tensions.
But Monday’s vote split both parties, whose members had been barraged all week with angry messages from constituents who opposed the bill. Among Democrats, 140 supported the bill and 95 voted against. Support among Republicans, who had revolted against an earlier iteration of the bill last week, was at the low end of what was expected by the House Republican leadership, with 65 in favor and 133 against. One Republican, retiring Rep. Jerry Weller of Illinois, did not vote.
In voting against the bill, conservatives who opposed government intervention were joined by many Democrats facing tight races in November.
Comment by Anonymous
2015-08-13 10:29:04
^ Too bad our country couldn’t be as bold as Iceland would be.
In the meantime shareholder equity falls off a cliff.
Shareholder equity is a secondary casualty. The Fed, the longest running criminal syndicate in American history, is systematically bilking the 99% out of the purchasing power of their dollars and the money they should be accrueing on savings from interest income. But since only 5% of ‘Muricans supported Ron Paul when he pointed out this screw-job, and instead voted for Wall Street flunkies, the Fed rightly figures middle and working class voters are OK with getting bent over by the Oligopoly.
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Comment by azdude
2015-08-13 06:55:26
keep it coming ray! Why enable corporations to gamble in the casino buying their own stock?
Comment by redmondjp
2015-08-13 09:24:52
Why to bestow additional riches upon riches to the CEOs, of course!
Comment by RioAmericanInBrasil
2015-08-13 11:47:43
Why to bestow additional riches upon riches to the CEOs, of course!
I don’t know what’s worse, Brazil’s incompetence, ignorance and corruption, or America’s corrupt bastardization of capitalism’s potential to lift all boats.
That’s not true.
USA’s the worst because I’m American. USA’s SupplySide lie has failed us.
“The allocation of corporate profits to stock buybacks deserves much of the blame. Consider the 449 companies in the S&P 500 index that were publicly listed from 2003 through 2012. During that period those companies used 54% of their earnings—a total of $2.4 trillion—to buy back their own stock, almost all through purchases on the open market. Dividends absorbed an additional 37% of their earnings. That left very little for investments in productive capabilities or higher incomes for employees.”
Tianjin Port handled 476 million tonnes of cargo and 12.3 million TEU of containers in 2012, making it the world’s fourth largest port by throughput tonnage, and the tenth in container throughput. The port trades with more than 600 ports in 180 countries and territories around the world. It is served by over 115 regular container lines run by 60 liner companies, including all the top 20 liners.
That’s going to leave a mark…and some insurer(s) are hosed, judging by the morning-after pictures of the devastation.
Another reason I’m glad I ditched cable: I don’t want a dime of my money going to the Oligopoly’s captured media and financing their agendas to bilk the 99% using frontmen like HillaryJeb.
Lol, that’s exactly what I do. I don’t care about sports much anymore, it’s degenerated into a bread and circus spectacle, anyway.
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Comment by CHE
2015-08-13 13:11:17
Yep… my roommate and I just cut the cord too. There are some great vintage sitcoms on the local TV station sub-channels.
I’m not in to sports much either, but if I really want to watch sportsball I can just walk down the street to the sports bar for the price of a couple of beers.
“We, as a society, have organized ourselves - both individually and as a society - around a false narrative of science. And what has been the resulting social injury? It has led to the pathologizing of millions of children, which is doing extraordinary harm; it has given us an impoverished philosophy of being, with its ever-narrowing boundaries of what is deemed normal; and it prevents us, as a society, from trying to create a more just society, since problems are located within the brain of the individual, rather than in poverty, poor schools and so forth. Society gets a free ride with this model.
The injury done to children in foster care illuminates, with great clarity, this larger societal injury. … The children may be neglected, abused and so forth - they in essence drew a short straw in the lottery of life. But what do we do in the post DSM III era? We don’t ask what happened to these children and try to create nurturing environments for them. Instead, we regularly diagnose them with a psychiatric disorder and medicate them. Of course the drugs - and this is particularly true of the antipsychotics - make it more difficult for the child to think and to experience emotion. And thus the social injury from this corruption: We as a society think we are providing medication to fix a disease the child has, while the child is now burdened with the stigma of a diagnosis and the burden of the medications.”
Something that Willie Sutton would understand. P.T. Barnum as well.
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Comment by Climate Change
2015-08-13 06:50:31
I’ll say!
Bahahahahahahahahahaha
Comment by Oddfellow
2015-08-13 07:13:54
Will ABQDan’s climate change predictions prove as disastrously wrong as his China and Romney predictions?
Survey says…”Yes!”
Comment by palmetto
2015-08-13 07:36:55
Yeah, dan’s not around to defend himself, is he? No, I didn’t care much for his China boosterism and the endless posts about it. But for the most part, I liked dan. I’d rather him than your triple troll hydra head persona.
Comment by Oddfellow
2015-08-13 07:59:41
“Yeah, dan’s not around to defend himself, is he? ”
No, he’s run away because yet another of his predictions has been proven wrong. He’s on the wrong side of every issue, but especially his favorites, like climate change.
Comment by Blue Skye
2015-08-13 08:15:33
“He’s on the wrong side of every issue..”
We are pretty sure you do not have any particular insight into anything at all, so this statement is simply sophomoric at best. We disagree on many things here, but on that there is no need.
Comment by Oddfellow
2015-08-13 08:27:18
“simply sophomoric at best”
Yeah, I’d hate to be on the same side of an issue with Dan too. It kind of automatically proves you wrong.
Comment by Oddfellow
2015-08-13 08:32:52
And he was wrong about oil prices too. I forgot that one, there are so many. It’s like I always said: he was the Best Indicator We Had.
The opposite of his position was reliably proven true.
Comment by nhtransplant
2015-08-13 09:35:42
The “AbqDan” talking point in favor of global warming is the most ridiculous one I’ve heard yet, and that’s saying a lot.
Comment by Blue Skye
2015-08-13 09:42:07
I should have aimed lower.
Comment by Oddfellow
2015-08-13 09:59:13
“The “AbqDan” talking point in favor of global warming is the most ridiculous one I’ve heard yet”
Don’t sell him short, he had too many ridiculous talking points to mention. Although I agree, his climate change denial position was a doozy.
“aimed lower”
Let’s not get sophomoric!
Comment by palmetto
2015-08-13 10:09:20
“aimed lower”
Go for the ankles.
Comment by "Auntie Fed, why won't you love ME?"
2015-08-13 12:38:39
Yes, there is global warming, and yes, we are causing it.
It’s easy inflating threats in this Internet age. Look at Cecil the lion, so much effort and attention expended for something that doesn’t matter at all.
Not News: Unarmed White Teen Killed by Cop; Two White Cops Killed by Blacks
Townhall.com | August 13, 2015 | Larry Elder
The media enthusiastically remind us that it’s the first anniversary of the death of Ferguson’s Michael Brown, a death that spawned the so-called Black Lives Matter movement.
In a September speech at the United Nations, President Barack Obama said, “The world also took notice of the small American city of Ferguson, Missouri — where a young man was killed, and a community was divided.”
Never mind that both a grand jury and the federal Department of Justice exonerated the officer who shot and killed Brown. Never mind that neither the physical evidence nor eyewitness testimony corroborated the assertions that Brown had his hands up or that he said, “Don’t shoot.”
Never mind that cops, fearing false accusation of racial profiling and police brutality, are increasingly reluctant to engage in proactive policing — to look for suspicious activity in an effort to prevent crime. As a result crime has gone up, particularly in cities with high-profile cases of alleged racial profiling.
Call it the “Ferguson effect.”
In Baltimore, Freddie Gray, a black man who resisted arrest, was placed in a police van, slipped into a coma shortly after arriving at the station and died a week later. Days of riots followed and six officers were indicted in connection with Gray’s death. During the riots, Baltimore’s mayor told the police, as she put it, to give “those who wished to destroy space to do that.” Cops got the message. As in New York, they backed off, doing little more than responding to radio calls — no more proactive policing. As a result, Baltimore is experiencing crime levels unseen in decades. Murders have increased 48 percent in the first six months of 2015 — with most of the homicides occurring after Freddie Gray’s April 19 death.
Never mind, according to the Centers for Disease Control, police shootings of blacks are down almost 75 percent over the last 45 years, while police shooting of whites remained level. And never mind that the media engages in selective concern.
In just the last two weeks, two cops, who happened to be white, were killed by two suspects, who happened to be black. And an unarmed white teen was killed by a cop.
The Hammond family wonders why so little national attention has been focused on their son’s death. “It’s sad, but I think the reason is, unfortunately, the media and our government officials have treated the death of an unarmed white teenager differently than they would have if this were a death of an unarmed black teen,” said Eric Bland, the family’s attorney. “The hypocrisy that has been shown toward this is really disconcerting. The issue should never be what is the color of the victim. The issue should be: Why was an unarmed teen gunned down in a situation where deadly force was not even justified?”
“Riots and media spotlights don’t get handed to you on a platter. You have to go out and work for them”
Even then you get stiffed.
Huh: It Sure Looks Like Some Ferguson Protestors Were Paid To Do So By Liberal Organize Missouri
Katie Pavlich | May 19, 2015
Remember the protests (and riots) in Ferguson last summer? It looks like at least some of the protestors were told they would be paid to show up and now they’re upset the checks haven’t arrived yet. Weaselzippers has the full story and the screen shots showing “protestors” using the Twitter hashtag #cutthecheck in response to non-payment. Based on tweets, Organize Missouri is responsible for issuing payments.
On May 14, protesters, upset with not being paid their promised checks for protesting, protested outside MORE, Missourians Organizing For Reform and Empowerment, an ACORN organization which had received funding through George Soros to fund the protests.
@phony ACORN <– LOL, that organization went Chap 7 and ceased to exist in 2010. Party propaganda is indeed effective when the proles are unaware the perceived enemy no longer exists but remain mobilized anyway. Much like North Korea where millions of people think the Korean War never ended.
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Comment by Dman
2015-08-13 09:14:53
Didn’t you know? Acorn stole the elections for Obama, even the second one. That was one of the arguments they tried to make back when they were still trying to prove that Obama wasn’t really the President. Now Acorn has become this nefarious super villain they wheel out to explain things they can’t understand.
Comment by Anonymous
2015-08-13 10:59:24
In reality, the Korean War hasn’t ended. There is a decades-long ceasefire in place, but the two sides are still technically at war with one another.
Comment by RioAmericanInBrasil
2015-08-13 12:52:59
In reality, the Korean War hasn’t ended. There is a decades-long ceasefire in place, but the two sides are still technically at war with one another.
True. And German Field Marshal Paulus never officially surrendered to the Red Army at Stalingrad because if he did, he couldn’t “order” his remaining Germans in POW camps.
6,000 out of 91,000 POW’s could ever eat Sauerkraut again. (A decade later.)
“Of more than 280,000 men under Paulus’ command, half were already dead or dying, about 35,000 had been evacuated from the front, and the remaining 91,000 were hauled off to Soviet POW camps.”
Comment by phony scandals
2015-08-13 15:48:19
“@phony ACORN <– LOL, that organization went Chap 7 and ceased to exist in 2010.”
WPA ACORN splinter = Hands up No check
Introducing MORE: ACORN Reborn in Missouri
Joe Schoffstall | March 25, 2011 7:31am ET
In 2009, James O’ Keefe and Hannah Giles released an undercover video investigation showing ACORN (The Association of Community Organizations for Reform Now) employees giving the ‘couple’, dressed as a pimp and prostitute, guidance on tax evasion, child prostitution and human smuggling. The result: the Census Bureau immediately cut its ties– as they were scheduled to help conduct the 2010 Census– and Congress cut funding from the Housing and Urban Development Department. Ultimately, they were forced to shut down. Many speculated ACORN would simply start up other organizations and conduct the same business under different names. Now, in Missouri, MORE ( Missourians Organizing for Reform and Empowerment) is one such group.
Money from George Soros and others fuels the racist, anti-cop violence.
May 18, 2015
ACORN’s successor group in Missouri has been paying protesters $5,000 a month to generate civil unrest in Ferguson, the troubled St. Louis suburb where black youth Michael Brown was killed by a white police officer last August.
We know this because some of the protesters haven’t been paid and, now, they are demanding what they were promised. They held a sit-in at the offices of Missourians Organizing for Reform and Empowerment (MORE) and posted a demand letter online.
MORE is the rebranded Missouri branch of the former Association of Community Organizations for Reform Now (ACORN) which filed for bankruptcy in late 2010. That ACORN state chapter reconstituted itself in December 2009 as MORE under orders from ACORN’s national headquarters. President Obama used to work for ACORN and he represented it in court as a lawyer. (See my previous article on MORE.)
Lol. That’s about the lowest bar imaginable. Love how the media skeptics will swallow it whole when it agrees with their beliefs.
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Comment by phony scandals
2015-08-13 18:37:51
CutTheCheck Oddie CutTheCheck
‘We gonna just **** you up’; Black #Ferguson Activists Threaten White Liberals for Protest Pay
Kristinn Taylor May 15th, 2015 9:00 pm
Photo of #Ferguson protesters at MORE office, Thursday, May 14, 2015.
#CutTheCheck. That’s the hashtag for Black activists demanding payment from white liberals for taking part in the months-long protests in Ferguson, Missouri over the police shooting death of unarmed Black teenaged criminal Michael Brown in a confrontation with white Ferguson police officer Darren Wilson last August.
‘We gonna just **** you up’; Black #Ferguson Activists Threaten White Liberals for Protest Pay
Kristinn Taylor May 15th, 2015 9:00 pm
Photo of #Ferguson protesters at MORE office, Thursday, May 14, 2015.
#CutTheCheck. That’s the hashtag for Black activists demanding payment from white liberals for taking part in the months-long protests in Ferguson, Missouri over the police shooting death of unarmed Black teenaged criminal Michael Brown in a confrontation with white Ferguson police officer Darren Wilson last August.
Black activists held a sit-in at the office of MORE (Missourians Organizing for Reform and Empowerment) on Thursday to press their claim that groups led by whites have collected tens of thousands of dollars in donations off of the Black Lives Matter movement without paying the Black participants their fair share.
During the sit-in, one of the Black activists threatened the white representative for MORE, saying, “We gon’, we gonna just **** you up.” (Expletive deleted.)
In November, The Gateway Pundit reported MORE set up a ‘wedding registry’ on Amazon seeking donations to fund the Ferguson protests.
An excerpt from the appeal:
“…Jail Support is administered by MORE (Missourians Organizing for Reform & Empowerment), a non-profit working on a variety of social-justice-related issues in the St. Louis area and throughout Missouri. (www.organizemo.org) You can make secure donations directly to the Jail Support Fund here: https://secure.piryx.com/donate/mS25KFCe/MORE/mikebrown Any way you choose to support us will make a major difference to the people on the ground who are risking their freedom and safety by exercising their Constitutionally-protected rights to assembly and free speech. Thank You! #Ferguson”
Apparently much of the money raised by MORE didn’t reach the protesters.
Video clips of the sit-in were posted to Twitter by @Search4Swag
A statement was posted to Twitter on Friday by one of the Black groups that took part in the sit-in, MAU aka MillenialAU. MAU describes itself on its Twitter account as an “Activist collective for youth organization. Created by young, queer, Black women. Education, grassroots power & leadership”
Text of MAU statement:
“On May 14, 2015 many individuals and organizations of the protest movement that began in Ferguson, Missouri organized a sit-in in the office of Missourians Organizing for Reform and Empowerment (MORE). The demand was simple: Cut the checks.
“Early in the movement, non-profit organization MORE, formerly known as the St. Louis chapter of ACORN, and local St. Louis organization Organization for Black Struggle created a joint account in which national donors from all over the world have donated over $150,000 to sustain the movement. Since then, the poor black of this movement who served as cash generators to bring money into St. Louis have seen little to none of that money. Furthermore, since the influx of funding has started, poor black people continue to take to the streets all the while losing their homes, vehicles, ability to feed themselves and their families, and suffering from trauma and mental illness with no ability to afford quality mental health services. Questions have been raised as to how the movement is to sustain when white non-profits are hoarding monies collected of off (sic) black bodies? When we will (sic) hold the industry of black suffering accountable? The people of the community are fed up and the accountability begins here and now.
“This isn’t about MORE. This is about black lives in the Black Lives Matter movement who are literally broke and starving. There is an insidious strand of racism and white supremacy that exists in this movement and it is called the Non-Profit Industrial Complex. As a by-product, it provides decent salaries and comfort to many people who are not affected by the disparities that they are trying to address. This money is typically in the hands of white people who oversee the types of services that the non-profit provides, while having select token black people to spearhead the conversations within and to the community.
“We NEED to be thinking about justice for black people. This means white people must renounce their loyalty to the social normalcy that maintains white power and control. If black lives really matter, justice and self-determination for black people would mean the black community would control it’s (sic) own political and economic resources.
“It is asinine to believe that black people can continue to organize and take to the street when they can barely meet their basic needs. In St. Louis, organizers and protesters depleted $50,000 of the available funds and dispersed it among the people in the movement in no particular order. Jeff Ordower, executive director of MORE, stated that another $57,000 is expected in the next one to two weeks in which those funds will also be dispersed to the black people in the movement.
“Moving forward, we are building a board of accountability within this movement. We must funnel economic into this movement through the hands of black people who are fighting with and for black life. More on this board will be discussed as we develop.”
Thanks, Tarara, you’re the second hydra head we needed, just in time as usual, you Sly dog.
I encourage everyone to watch that video. It proves so much.
Comment by Tarara Boomdea
2015-08-13 22:40:52
Oddfellow, you don’t understand. I do it as a favor to phony, who is a nice person. If have the time, I post the correct link (I don’t always watch it.) He, like everyone else here, is entitled to his opinion. Most of the time I agree with phony, sometimes I do not.
Screw off. I have no interest in getting involved in stupid personal squabbles. I am interested in the housing market, that’s all.
Remember the protests (and riots) in Ferguson last summer? It looks like at least some of the protestors were told they would be paid to show up
Who cares? “The guy was a thug.” “Paid rioters” That mean nothing in the big picture of American societal advancement.
You guys miss the main positive point. The main point is that USA law enforcement, in general, has a systematic racial bias, based on hundreds of years of prejudice and racism - and that Ferguson has shined a light on that fact. It has and has for the better.
I guess you guys don’t know St. Louis or Missouri, and how they are a distilled brand of a more subtle version of institutionalized racism in your own country.
You worry about some “thugs” over your worry about ongoing racism. A joke imo.
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Comment by RioAmericanInBrasil
2015-08-13 13:02:40
“Paid rioters”
Paid rioters? Dang. Where was this outrage? This was huge-much bigger than a “thug”. It gave us 2 wars/TaxCutsForTheRich only and a huge deficit. Here’s your “paid rioters”. Hypocrites much?
Wiki:
The Brooks Brothers riot is the term coined to describe the demonstration at a meeting of election canvassers in Miami-Dade County, Florida on November 19, 2000, during a recount of votes made during the 2000 United States presidential election. The name refers to a traditional brand of suits associated with conservative business dress.
The Demonstration
Hundreds of “paid GOP crusaders” descended upon South Florida to protest the state’s recounts,[1] with at least half a dozen of the demonstrators at Miami-Dade paid by George W. Bush’s recount committee.[2] Several of these protesters were identified as Republican staffers and a number later went on to jobs in the Bush administration.[3]
The “Brooks Brothers” name reinforces the allegation that the protesters, in corporate attire, sporting “Hermès ties”[4] were astroturfing, as opposed to local citizens concerned about counting practices.
The demonstration was organized by Republican operatives, sometimes referred to as the “Brooks Brothers Brigade”,[5] to oppose the recount of 10,750 ballots during the Florida recount.
““The hypocrisy that has been shown toward this is really disconcerting. The issue should never be what is the color of the victim. The issue should be: Why was an unarmed teen gunned down in a situation where deadly force was not even justified?”
Top of the middle column on Drudge has an article from Glenn Beck tabloid The Blaze titled ‘Soon, Very Soon You Will See’ : Pro-Islamic State Hacking Group Issues Chilling Warning to America
No “smaller government”
No “less regulations”
No “lower taxes”
Just another trillion dollar war paid for with borrowed money
I want to gauge how concerned everyone here actually is about their privacy, so let me ask, 1. Do you have a smart phone? 2. Under your privacy settings is location services turned on or off?
Same here. Doofus phones need much less recharging and I don’t care if I drop the stupid thing. I do paygo because I hate subscriptions that can add arbitrary price increases whenever the wind changes directions at their corporate offices.
Some months ago (last winter?), one of the HBBers — I think it was Skye — went to a Dunkin Donuts on a Saturday morning and bought a breakfast sandwich with cash. The next day or so, when he was surfing the ‘net, he was presented with banner ads for various Dunkin Donuts breakfast sandwiches and coffee.
Skye wanted to know how Dunkin Donuts knew to target him with ads, since he had paid with cash. We discovered that Skye’s smart phone had its GPS location activated.
The general conclusion we came to is that some corporate big brother had used the smart phone to triangulate Skye’s location to be in a DD. They then sold this info to some entity like google ads for pennies, which triggered a targeted ads to Skye’s IP address.
This is why I only turn on the location to use Maps, and then turn it off when I’m done.
Comment by "Auntie Fed, why won't you love ME?"
2015-08-13 12:49:37
This is what I don’t understand about ads. I will go to a website, buy something, and be out of the market for that type of item. Then, for weeks later, I will get ads on other websites for the same website where I already shopped. Why would I need an ad to convince me to go somewhere that I already went? I ALREADY KNOW ABOUT IT. I WAS JUST THERE.
Comment by RioAmericanInBrasil
2015-08-13 13:08:19
he was presented with banner ads for various Dunkin Donuts breakfast sandwiches and coffee.
I keep getting banner ads for Feijoada, Mensa, Skull & Bones and bacon.
Comment by tango_uniform
2015-08-13 16:22:32
How cute. You actually think those little on-screen sliders provide absolute control over your phone’s hardware.
1) No.
2) I heard that doesn’t matter. The GPS thing is like mandatory or whatever. Your location might not be broadcast to the websites you visit, but it’s still being tracked and recorded at multibillion-dollar CIA facilities.
has rio and wpa shown their receipt for paying the white privilege or carbon tax ?
I’m a Californian. I pay a real carbon tax every time I buy gasoline. We have cap-and-trade here. It’s difficult to estimate how much it adds to the cost of gas, probably on the order of 5 to 8 cents a gallon. The state collects about $800 mil a year from the carbon auctions; and, being California, there’s a lot of fighting over what to do with the money.
Wasn’t the NYT one of the biggest cheerleaders for the invasion of Iraq? (Until they later admitted it was a mistake.) Are they now becoming a cheerleader for the invasion of Iran?
NYT, WSJ, etc. are all Oligopoly mouthpieces. War is immensely profitable for the oligarch class. It’s the sons of the working class who come home in flag-draped coffins or missing limbs.
I must have missed something yesterday in the oil market.
I filled up my manual 4 banger yesterday morning here in utopia and paid 2.79 a gal. Drove home 12 hours later and same gas station - 3.29 a gal.
Whaaaaaat happened? Up 50 cent in a matter of 1/2 a day?
Someone know?
Thanks in advance.
Mafia:
Taxes here kill us on gas.
I found out that the refiner at the Whiting IN plant shut down a good part of the facility for repair yesterday - this is the reason for the huge uptick in one day. I will believe it for what its worth. Need gas to drive car.
mafia lifestyle: sit quietly and spend as little as possible, some day you wont have to spend a penny. Fun is overrated if you need to get your wallet out of your pocket.
Something weird is going on here in SD as well. Costco gasoline is $0.60/gal cheaper than the name brand gasoline providers — e.g. $3.28/gal at Costco versus $3.88/gal at Shell.
That’s no downside. I am gaining an hour or two a day with less moderating.
(Comments wont nest below this level)
Comment by oxide
2015-08-13 12:44:39
I think we’ve seen this before, that when there is a downtick in China, Dan disappears for a while. More downtick, longer absence.
Sure, it’s easy to giggle and disparage that he’s not here because he’s hiding from the crow.
We shouldn’t flatter ourselves. My guess is that his JOB is closely tied to Chinese finances. Perhaps as a financial adviser, legal counsel, bookkeeping for building storage for low-price oil, reporter for China Daily, currency trader… Some line of work where if the economy goes bad in China, his job suddenly becomes very busy.
Let’s wait and see what happens in a couple weeks when the market calms down and the yuan stabilizes. I suspect he’ll be baaaaaack.
Comment by "Auntie Fed, why won't you love ME?"
2015-08-13 12:55:05
The lack of ABQ Wrong is better than daylight savings.
U.S. oil prices tumbled about 3 percent to a nearly 6-1/2-year low on Thursday as data showing a big rise in key U.S. stockpiles intensified worries over a growing global glut.
U.S. crude settled down $1.07, or 2.5 percent, at $42.23 a barrel. It fell as low as $41.92 earlier, which was the lowest since March of 2009. Benchmark North Sea Brent crude oil was down 60 cents at $49.60 a barrel, ahead of Friday’s expiry of its front-month contract.
A rise in the dollar, after higher U.S. retail sales in July and strengthening employment data, added to the weight on oil.
Oil has fallen by nearly a third since late June, a decline that continued this week after a spate of refinery outages sapped demand for crude.
…
I’m interested by this Clinton email thing. First she had erased them, but wouldn’t the NSA have a copy? Now the server hasn’t been wiped. There’s even copies. But why go to all that trouble? Sort of secretive. Of course scandal is on the Clinton family crest. (Look just under the image of the hillbilly).
Well now she’s got a investigation just like all those Bill had. And there’s people rotting in prison for what she might have done. It might come down to how much Mr New Car Smell likes the Iron Maiden and her ticket to the big time “husband.” In the back of my mind, I always wondered bout this inevitable candidate. Her husband doesn’t think much of her, Mr NCS apparently doesn’t. The public is soured and getting more so. And if she’s out, who’s in? Mr Foot in Mouth? Pocahontas? Sanders says some things I like but I can’t see the party letting an anti-wall street/Fed guy get the nomination.
Hey, maybe Hillary will have to pay out $140 million in legal fees to stay out of jail. Then she could plausibly claim to be “dead broke” like her supposed middle class contemporaries. And we could take up a collection to buy her and Bill groceries, because that’s the kind of generous folk we HBBers are.
Poor old granddad
I laughed at all his words
I thought he was a bitter man
He spoke of woman’s ways
They’ll trap you, then they use you
Before you even know
For love is blind and you’re far too kind
Don’t ever let it show
I wish that I knew what I know now
When I was younger
I wish that I knew what I know now
When I was stronger
The can can’s such a pretty show
They’ll steal your heart away
But backstage, back on earth again
The dressing rooms are gray
They come on strong and it ain’t too long
Before they make you feel a man
But love is blind and you soon will find
You’re just a boy again
When you want her lips, you get a cheek
Makes you wonder where you are
If you want some more and she’s fast asleep
Then she’s twinkling with the stars
Is the subprime auto loan bubble bursting? Will Hillary come up with a new taxpayer-funded scheme to help bail out her bankster patrons who foolishly lent money to FBs?
Western companies eye Iran’s business potential
One of the biggest mysteries in the oil market surrounds just how much oil Iran is hoarding at sea.
That’s a key question because Iran’s nuclear deal with the West could lift crippling sanctions, and pave the way for tons of Iranian oil to hit the market. A surge in Iranian exports would only deepen the oil supply glut that has sent prices to fresh six-year lows this week to below $43.
Iran claims it’s not stockpiling oil in tankers in the Persian Gulf, but no one believes it. Up until recently, energy experts thought Iran’s vessels held 30 million to 40 million barrels of oil.
But maritime surveillance firm Windward has harnessed sophisticated technology to determine Iran is actually hoarding 50 million barrels of oil. That’s up nearly 150% from April 2014 when Windward started tracking this closely-watched metric.
Based in Israel, Windward uses Big Data to track oil held on all ship classes and vessels in the Gulf, including those that do not transmit their location.
Iran’s oil is ready to be shipped
The larger estimate of Iran’s floating oil stockpile is more evidence that the world has far more oil than it needs, especially given the slowdown in demand and turbulence in China.
“That means when sanctions are lifted, there is going to be a flood of crude hitting the market because boy could they use the money,” said Tom Kloza, chief oil analyst at the Oil Price Information Service.
It’s important to remember the oil hiding at sea is ready to be shipped to a buyer — likely in Asia — at a moment’s notice. It’s already been pumped out of the ground, cleaned up and processed.
“Iran has been trying to downplay what they have in floating storage because they don’t want those figures to spook the market,” said Tamar Essner, an energy analyst at Nasdaq Advisory Services.
…
So much so that no one seemed to see the 60 percent slide in oil prices coming when the commodity was trading at almost $108 a barrel on June 20, 2014. At the time, analysts as a group predicted oil would average about $100 a barrel this quarter and the most pessimistic called for $84, instead of the low $40s it’s languishing at.
Analysts are still mostly sunny, looking for a 60 percent rally by late next year. Even the worst month for oil since 2008 has brought out just a few frowns, as Societe Generale SA and Canadian Imperial Bank of Commerce cut their estimates in the past week by more than $10 a barrel. The prognosticator looking smart? Goldman Sachs, which in May said the rally would fizzle.
“Oil prices have so many moving parts that it’s exquisitely challenging to predict,” said Credit Suisse Group AG global energy economist Jan Stuart. He revised his January forecast in February, predicting oil would average around $67 a barrel at the end of the year. “That forecast looks ambitious now,” he said.
West Texas Intermediate crude dropped 2.5 percent Thursday on the New York Mercantile Exchange to settle at $42.23, the lowest close since March 2009. It touched $41.91, the lowest intraday level in more than six years.
Morgan Stanley researchers were seeing a “modest recovery and higher prices into year-end” in an April 12 research report. They still have another 4 months to be proved right. In the meantime, crude prices have fallen by almost 19 percent and they revised their outlook in July, telling investors this could be worse than the oil rout of 1986.
…
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
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It’s good to see that our congress needs foreign leaders explain to them if the Iran deal is good for America.
House members’ trip to Israel allows Netanyahu to press case against Iran nuclear deal
The tandem trips — Democrats returned Monday and Republicans depart later this week — gave Netanyahu the chance to press his case in person. House Minority Whip Steny Hoyer, D-Md., who led a 22-member delegation and was himself undecided before leaving, said the group met over the weekend with Netanyahu for nearly two hours and that the prime minister made his point without trying to tell them how to vote.
http://www.foxnews.com/politics/2015/08/10/house-members-regular-august-trip-to-israel-has-potential-this-time-to/
Unbelievable, isn’t it?
Why do they have to kiss the behind of this nasty little bully?
A Mediterranean vacation. How nice.
I am so sick of the “anti-semite” or worse yet the “Nazi” card being thrown around in the wake of any criticism of Israel
Christian Zionists are the problem, not secular Jews, not Catholics, and not mainstream Protestant Christians. It’s the f*ing nujobs who dominate electoral politics in the Deep South, voters who elect Mike Huckabee and Tom Cotton and Lindsey Graham, with their apocalyptic world vision and dreams of Rapture
Read some ancient history about the Persian empire. Most interesting.
Yeah I think people are too afraid of being labeled Nazi if they say they oppose the state of Israel. Silence is permission for zionism to continue endless wars.
Wars are the bedrock of Muslim culture.
“with their apocalyptic world vision and dreams of Rapture”
As opposed to your apocalyptic world view and dreams of Red Dawn.
Two sides of the same coin?
So, now Goon is the person to isolate and target. You shitty little troll. You won’t be happy until you’ve destroyed this blog, will you? Get bent.
Social Justice Warriors™ and FoxNewsHate link clickers may seem to espouse differing ideologies, but they are equally intolerant of free thought
Never take it personally
I’m just ribbing the old boy, from one social register lad to another. It’s irony, you wouldn’t understand.
I can’t help it. I know exactly what this POS is doing, it’s so obvious. Right now it’s a testing phase, looking for weakness and prey to isolate. He tried it with phony, tried to smear him as a racist and see if he could possibly get agreement from others on the blog, see who bites.
I may have disagreements with some on the blog, but I’m often interested in their point of view.
This jerk just wants to sow seeds of ridicule and discord. Cuck ‘em.
“Shitty little troll”, “POS”, I’d say that pretty much sums up your role in this site.
“looking for weakness and prey to isolate”
Zee shark never sleeps…having consumed and defecated ABQDan, he still seeks more…never satisfied…
I’ll reply here along with Dman and Oddfellow. I wouldn’t want Palmie to miss out on his imaginary “triple headed hydra.”
Hello, Anklepants. When’s Rio showing up?
Except Dman is not part of your triple troll persona, Rioddwpa.
The three headed hydra is upon you, palmy, run for your life! Goon was a ruse, it is you we seek! You!
Moo-hoo-ha-ha-haaaaa!
Except Dman is not part of your triple troll persona, Rioddwpa.
Perhaps Palmy you accuse three liberal posters of being the same person hiding behind multiple handles because it soothes insecurities you have about not being part of a majority. Reduce multiple liberal voices to one person and you are safely ensconced in a larger group. Hope it makes you feel warm and fuzzy.
Keep it up, maybe some will wonder every time they read one of your sly insinuating posts.
LOL, Sly, you’ve been outed.
Oh, BTW, you gave yourself away in reply to one of Mafia Block’s posts. Epic fail.
Oh, BTW, you gave yourself away in reply to one of Mafia Block’s posts. Epic fail.
Nope. Ben’s IP address records will prove I am not Rio or Oddfellow; ask him if you that concerned. At the rate you’re going my friend your palm tree is on the verge of morphing into a joshua tree…
What gave us away?
LOL, anyone can register under different IPs.
Wait, what? Did you just threaten to put me on your JT list? Oh, NO, Puhleeze, not the joshua treeeeeeeeee!
You wouldn’t do that, though. Because you can’t leave people alone. It would mean you’d have to come up with another IP and more pretense.
Was it our matching socks?
lol@Lola.
Hello, Anklepants. When’s Rio showing up?
I’ll show up now, clown. “Palmetto”, you’ve turned from an interesting poster with a lot to add into an angry, paranoid clown.
If you think Rio, Odd and WPA are the same poster you’re not just angry and paranoid, you are dumb, and don’t know the makeup of your country. (Hint: You don’t and it’s all slipping away huh?)
Perhaps Palmy you accuse three liberal posters of being the same person hiding behind multiple handles because it soothes insecurities you have about not being part of a majority.
I couldn’t have said it better myself. (Which I didn’t. LOL) The world abounds in clowns.
Wolverines!!!!!!
I’m amazed that no one has said that this isn’t the U.S. deal with Iran. This is the deal of all the countries who went along with the sanctions with Iran.
If all the countries think the deal is fair, they may end sanctions even if the U.S. does not. And in that case the U.S. sanctions won’t mean anything.
It’s as off those other countries aren’t there.
Most people don’t know jack about the deal except whether or not their team is for it or against it.
And pre-season NFL games start this weekend.
Gotta have those priorities straight!
Most people don’t know jack about the deal except whether or not their team is for it or against it.
Most Americans are dumb to the big world out there. We think we’re the end all. Why do you think most the world thinks we’re full of ourselves? Because in general we are.
Example: Why does palmetto “paranoidinally” think every “lib” poster is the same person? Because of a narrow, personal, self-important view. (As if his is the only view of the USA.) It’s related.
Heads up: America is not the entire world. Get over yourselves and ourselves.
Well then we’re screwed because we’re certainly not going to get the truth of it from Washington.
Cant they Skype him?
Does anyone believe the Fed is going to initiate liftoff in 2015?
Does it matter to Main Street much? It will be a smidgen as Yellen will not raise interest during an election year. JMHO
Of course not. The Fed never had any serious intent to raise rates. QE and ZIRP are its main tools for swindling the 99% out of trillions that can then be gifted to its oligarch accomplices.
is there any limit to how much cash uncle fed and corporations will spend keep stocks in levitation mode?
QE and buybacks b@thcez!
In the meantime shareholder equity falls off a cliff.
There may be a limit but we are not anywhere near close to it. The public would wholeheartedly support bailouts and huge intervention now to keep things afloat. Anything to stop another crash like 08. So more and more stagflation.
just keep inflating assets prices and borrowing from the future ?
Bailout Plan Rejected, Markets Plunge, Forcing New Scramble to Solve Crisis
The Wall Street Journal - Sept. 30, 2008
WASHINGTON — The House of Representatives defeated the White House’s historic $700 billion financial-rescue package — a stunning turn of events that sent the stock market into a tailspin and added to concerns that the U.S. faces a prolonged recession if the legislation isn’t revived.
The 228-205 vote, which defied a full-court press from the president and the Treasury secretary, marked a dark moment in a month that has shaken the financial system to its core and forced the government to take a host of ad hoc measures to shore up confidence. Earlier Monday, U.S. authorities helped arrange the sale of Wachovia Corp. to Citigroup Inc., while the Federal Reserve joined other central banks in injecting more funds into credit markets.
Related Bailout Videos
The bill’s failure marks a stinging defeat for the nation’s political leadership. Both Republican and Democratic leaders in Congress and the White House had crafted an agreement over the weekend that was supposed to appease these simmering tensions.
But Monday’s vote split both parties, whose members had been barraged all week with angry messages from constituents who opposed the bill. Among Democrats, 140 supported the bill and 95 voted against. Support among Republicans, who had revolted against an earlier iteration of the bill last week, was at the low end of what was expected by the House Republican leadership, with 65 in favor and 133 against. One Republican, retiring Rep. Jerry Weller of Illinois, did not vote.
In voting against the bill, conservatives who opposed government intervention were joined by many Democrats facing tight races in November.
^ Too bad our country couldn’t be as bold as Iceland would be.
In the meantime shareholder equity falls off a cliff.
Shareholder equity is a secondary casualty. The Fed, the longest running criminal syndicate in American history, is systematically bilking the 99% out of the purchasing power of their dollars and the money they should be accrueing on savings from interest income. But since only 5% of ‘Muricans supported Ron Paul when he pointed out this screw-job, and instead voted for Wall Street flunkies, the Fed rightly figures middle and working class voters are OK with getting bent over by the Oligopoly.
keep it coming ray! Why enable corporations to gamble in the casino buying their own stock?
Why to bestow additional riches upon riches to the CEOs, of course!
Why to bestow additional riches upon riches to the CEOs, of course!
I don’t know what’s worse, Brazil’s incompetence, ignorance and corruption, or America’s corrupt bastardization of capitalism’s potential to lift all boats.
That’s not true.
USA’s the worst because I’m American. USA’s SupplySide lie has failed us.
It’s already August. This was supposed to happen in September of last year.
Suck ‘em in, shake ‘em out.
Yesterday morning the DOW got destroyed early on and then it recovered.
This morning the DOW futures are up 53 points.
“The allocation of corporate profits to stock buybacks deserves much of the blame. Consider the 449 companies in the S&P 500 index that were publicly listed from 2003 through 2012. During that period those companies used 54% of their earnings—a total of $2.4 trillion—to buy back their own stock, almost all through purchases on the open market. Dividends absorbed an additional 37% of their earnings. That left very little for investments in productive capabilities or higher incomes for employees.”
http://davidstockmanscontracorner.com/why-the-casino-is-flush-91-of-sp-profits-between-2003-and-2012-were-distributed-at-stock-buybacks-and-dividends/
Its not rigged?
Seems that Mr Market shrugged off the Chinese devaluation in short order. Is it safe to get back into the water now?
China doesn’t matter.
Massive damage following the port blast in China.
http://www.businessinsider.com/china-tianjin-explosion-2015-8
I wonder if this will affect the “supply chain”.
Tianjin Port handled 476 million tonnes of cargo and 12.3 million TEU of containers in 2012, making it the world’s fourth largest port by throughput tonnage, and the tenth in container throughput. The port trades with more than 600 ports in 180 countries and territories around the world. It is served by over 115 regular container lines run by 60 liner companies, including all the top 20 liners.
That’s going to leave a mark…and some insurer(s) are hosed, judging by the morning-after pictures of the devastation.
http://www.dailymail.co.uk/news/article-3195477/Fifty-people-injured-enormous-blast-explosives-shipment-hits-Chinese-city.html
Another epic Clinton fail as she schemes to unload her bankster puppetmasters’ bad loans onto taxpayers.
http://www.marketwatch.com/story/hillary-clintons-tweet-seeking-emoji-answers-to-a-complicated-issue-backfires-2015-08-12?dist=beforebell
I dont know anyone who supports Hillary.
We dont want any more attorneys (corp cucksockers).
Another reason I’m glad I ditched cable: I don’t want a dime of my money going to the Oligopoly’s captured media and financing their agendas to bilk the 99% using frontmen like HillaryJeb.
http://www.breitbart.com/big-journalism/2015/08/13/nbc-weaponizes-for-hillary-funnels-400-million-to-extreme-left-buzzfeed-vox/
Speaking of ditching cable, see also this:
http://variety.com/2015/digital/news/cord-cutting-gets-ugly-u-s-pay-tv-sector-drops-566000-customers-in-q2-1201559878
When I watch TeeVee at the gym all the commercials are for reverse mortgages and walk-in bathtubs and adult diapers, LOLZ
“This sucker could go down” — George W. Bush
It’s perfectly fine to use Netflix or Amazon or Hulu combined with broadcast TV digital rabbit ears, except sports options may be limited.
Lol, that’s exactly what I do. I don’t care about sports much anymore, it’s degenerated into a bread and circus spectacle, anyway.
Yep… my roommate and I just cut the cord too. There are some great vintage sitcoms on the local TV station sub-channels.
I’m not in to sports much either, but if I really want to watch sportsball I can just walk down the street to the sports bar for the price of a couple of beers.
I thought that sports were games that people play. When did they become shows that people watch?
That is my set up too including Amazon.
Big Pharma and the shrink biz.
http://www.truth-out.org/news/item/32292-the-institutional-corruption-of-psychiatry-a-conversation-with-authors-of-psychiatry-under-the-influence#
“We, as a society, have organized ourselves - both individually and as a society - around a false narrative of science. And what has been the resulting social injury? It has led to the pathologizing of millions of children, which is doing extraordinary harm; it has given us an impoverished philosophy of being, with its ever-narrowing boundaries of what is deemed normal; and it prevents us, as a society, from trying to create a more just society, since problems are located within the brain of the individual, rather than in poverty, poor schools and so forth. Society gets a free ride with this model.
The injury done to children in foster care illuminates, with great clarity, this larger societal injury. … The children may be neglected, abused and so forth - they in essence drew a short straw in the lottery of life. But what do we do in the post DSM III era? We don’t ask what happened to these children and try to create nurturing environments for them. Instead, we regularly diagnose them with a psychiatric disorder and medicate them. Of course the drugs - and this is particularly true of the antipsychotics - make it more difficult for the child to think and to experience emotion. And thus the social injury from this corruption: We as a society think we are providing medication to fix a disease the child has, while the child is now burdened with the stigma of a diagnosis and the burden of the medications.”
Medical industrial complex
Pharma industrial complex
Military industrial complex
Border industrial complex
Educational Administrative industrial complex
…
Threat Inflation Complex
“Threat Inflation Complex.”
Something that Willie Sutton would understand. P.T. Barnum as well.
I’ll say!
Bahahahahahahahahahaha
Will ABQDan’s climate change predictions prove as disastrously wrong as his China and Romney predictions?
Survey says…”Yes!”
Yeah, dan’s not around to defend himself, is he? No, I didn’t care much for his China boosterism and the endless posts about it. But for the most part, I liked dan. I’d rather him than your triple troll hydra head persona.
“Yeah, dan’s not around to defend himself, is he? ”
No, he’s run away because yet another of his predictions has been proven wrong. He’s on the wrong side of every issue, but especially his favorites, like climate change.
“He’s on the wrong side of every issue..”
We are pretty sure you do not have any particular insight into anything at all, so this statement is simply sophomoric at best. We disagree on many things here, but on that there is no need.
“simply sophomoric at best”
Yeah, I’d hate to be on the same side of an issue with Dan too. It kind of automatically proves you wrong.
And he was wrong about oil prices too. I forgot that one, there are so many. It’s like I always said: he was the Best Indicator We Had.
The opposite of his position was reliably proven true.
The “AbqDan” talking point in favor of global warming is the most ridiculous one I’ve heard yet, and that’s saying a lot.
I should have aimed lower.
“The “AbqDan” talking point in favor of global warming is the most ridiculous one I’ve heard yet”
Don’t sell him short, he had too many ridiculous talking points to mention. Although I agree, his climate change denial position was a doozy.
“aimed lower”
Let’s not get sophomoric!
“aimed lower”
Go for the ankles.
Yes, there is global warming, and yes, we are causing it.
It’s easy inflating threats in this Internet age. Look at Cecil the lion, so much effort and attention expended for something that doesn’t matter at all.
No money or votes in it.
————-
Not News: Unarmed White Teen Killed by Cop; Two White Cops Killed by Blacks
Townhall.com | August 13, 2015 | Larry Elder
The media enthusiastically remind us that it’s the first anniversary of the death of Ferguson’s Michael Brown, a death that spawned the so-called Black Lives Matter movement.
In a September speech at the United Nations, President Barack Obama said, “The world also took notice of the small American city of Ferguson, Missouri — where a young man was killed, and a community was divided.”
Never mind that both a grand jury and the federal Department of Justice exonerated the officer who shot and killed Brown. Never mind that neither the physical evidence nor eyewitness testimony corroborated the assertions that Brown had his hands up or that he said, “Don’t shoot.”
Never mind that cops, fearing false accusation of racial profiling and police brutality, are increasingly reluctant to engage in proactive policing — to look for suspicious activity in an effort to prevent crime. As a result crime has gone up, particularly in cities with high-profile cases of alleged racial profiling.
Call it the “Ferguson effect.”
In Baltimore, Freddie Gray, a black man who resisted arrest, was placed in a police van, slipped into a coma shortly after arriving at the station and died a week later. Days of riots followed and six officers were indicted in connection with Gray’s death. During the riots, Baltimore’s mayor told the police, as she put it, to give “those who wished to destroy space to do that.” Cops got the message. As in New York, they backed off, doing little more than responding to radio calls — no more proactive policing. As a result, Baltimore is experiencing crime levels unseen in decades. Murders have increased 48 percent in the first six months of 2015 — with most of the homicides occurring after Freddie Gray’s April 19 death.
Never mind, according to the Centers for Disease Control, police shootings of blacks are down almost 75 percent over the last 45 years, while police shooting of whites remained level. And never mind that the media engages in selective concern.
In just the last two weeks, two cops, who happened to be white, were killed by two suspects, who happened to be black. And an unarmed white teen was killed by a cop.
The Hammond family wonders why so little national attention has been focused on their son’s death. “It’s sad, but I think the reason is, unfortunately, the media and our government officials have treated the death of an unarmed white teenager differently than they would have if this were a death of an unarmed black teen,” said Eric Bland, the family’s attorney. “The hypocrisy that has been shown toward this is really disconcerting. The issue should never be what is the color of the victim. The issue should be: Why was an unarmed teen gunned down in a situation where deadly force was not even justified?”
Sorry FSAers. Riots and media spotlights don’t get handed to you on a platter. You have to go out and work for them.
“Riots and media spotlights don’t get handed to you on a platter. You have to go out and work for them”
Even then you get stiffed.
Huh: It Sure Looks Like Some Ferguson Protestors Were Paid To Do So By Liberal Organize Missouri
Katie Pavlich | May 19, 2015
Remember the protests (and riots) in Ferguson last summer? It looks like at least some of the protestors were told they would be paid to show up and now they’re upset the checks haven’t arrived yet. Weaselzippers has the full story and the screen shots showing “protestors” using the Twitter hashtag #cutthecheck in response to non-payment. Based on tweets, Organize Missouri is responsible for issuing payments.
On May 14, protesters, upset with not being paid their promised checks for protesting, protested outside MORE, Missourians Organizing For Reform and Empowerment, an ACORN organization which had received funding through George Soros to fund the protests.
townhall.com/…-protestors-were-paid-to-do-so-by-liberal-organize-missouri-n2000999 - 351k -
@phony ACORN <– LOL, that organization went Chap 7 and ceased to exist in 2010. Party propaganda is indeed effective when the proles are unaware the perceived enemy no longer exists but remain mobilized anyway. Much like North Korea where millions of people think the Korean War never ended.
Didn’t you know? Acorn stole the elections for Obama, even the second one. That was one of the arguments they tried to make back when they were still trying to prove that Obama wasn’t really the President. Now Acorn has become this nefarious super villain they wheel out to explain things they can’t understand.
In reality, the Korean War hasn’t ended. There is a decades-long ceasefire in place, but the two sides are still technically at war with one another.
In reality, the Korean War hasn’t ended. There is a decades-long ceasefire in place, but the two sides are still technically at war with one another.
True. And German Field Marshal Paulus never officially surrendered to the Red Army at Stalingrad because if he did, he couldn’t “order” his remaining Germans in POW camps.
6,000 out of 91,000 POW’s could ever eat Sauerkraut again. (A decade later.)
“Of more than 280,000 men under Paulus’ command, half were already dead or dying, about 35,000 had been evacuated from the front, and the remaining 91,000 were hauled off to Soviet POW camps.”
“@phony ACORN <– LOL, that organization went Chap 7 and ceased to exist in 2010.”
WPA ACORN splinter = Hands up No check
Introducing MORE: ACORN Reborn in Missouri
Joe Schoffstall | March 25, 2011 7:31am ET
In 2009, James O’ Keefe and Hannah Giles released an undercover video investigation showing ACORN (The Association of Community Organizations for Reform Now) employees giving the ‘couple’, dressed as a pimp and prostitute, guidance on tax evasion, child prostitution and human smuggling. The result: the Census Bureau immediately cut its ties– as they were scheduled to help conduct the 2010 Census– and Congress cut funding from the Housing and Urban Development Department. Ultimately, they were forced to shut down. Many speculated ACORN would simply start up other organizations and conduct the same business under different names. Now, in Missouri, MORE ( Missourians Organizing for Reform and Empowerment) is one such group.
http://www.mrctv.org/2011/03/introducing-more-acorn-reborn-in-missouri/ - 79k -
———————————————————————
Ferguson Rent-A-Mobs Exposed
Money from George Soros and others fuels the racist, anti-cop violence.
May 18, 2015
ACORN’s successor group in Missouri has been paying protesters $5,000 a month to generate civil unrest in Ferguson, the troubled St. Louis suburb where black youth Michael Brown was killed by a white police officer last August.
We know this because some of the protesters haven’t been paid and, now, they are demanding what they were promised. They held a sit-in at the offices of Missourians Organizing for Reform and Empowerment (MORE) and posted a demand letter online.
MORE is the rebranded Missouri branch of the former Association of Community Organizations for Reform Now (ACORN) which filed for bankruptcy in late 2010. That ACORN state chapter reconstituted itself in December 2009 as MORE under orders from ACORN’s national headquarters. President Obama used to work for ACORN and he represented it in court as a lawyer. (See my previous article on MORE.)
http://www.frontpagemag.com/fpm/257130/ferguson-rent-mobs-exposed-matthew-vadum - 51k -
” They held a sit-in at the offices of Missourians Organizing for Reform and Empowerment (MORE)”
But no one seemed to get a photo of it, imagine that. Lol.
It’s interesting the issues that get phony the most worked up. Freaking out about Soros paying imaginary rioters as he sucks Koch money up.
Paid to protest, huh? I wonder what the going rate is for a gig like that…
“Based on tweets”
Lol. That’s about the lowest bar imaginable. Love how the media skeptics will swallow it whole when it agrees with their beliefs.
CutTheCheck Oddie CutTheCheck
‘We gonna just **** you up’; Black #Ferguson Activists Threaten White Liberals for Protest Pay
Kristinn Taylor May 15th, 2015 9:00 pm
Photo of #Ferguson protesters at MORE office, Thursday, May 14, 2015.
#CutTheCheck. That’s the hashtag for Black activists demanding payment from white liberals for taking part in the months-long protests in Ferguson, Missouri over the police shooting death of unarmed Black teenaged criminal Michael Brown in a confrontation with white Ferguson police officer Darren Wilson last August.
‘We gonna just **** you up’; Black #Ferguson Activists Threaten White Liberals for Protest Pay
Kristinn Taylor May 15th, 2015 9:00 pm
Photo of #Ferguson protesters at MORE office, Thursday, May 14, 2015.
#CutTheCheck. That’s the hashtag for Black activists demanding payment from white liberals for taking part in the months-long protests in Ferguson, Missouri over the police shooting death of unarmed Black teenaged criminal Michael Brown in a confrontation with white Ferguson police officer Darren Wilson last August.
Black activists held a sit-in at the office of MORE (Missourians Organizing for Reform and Empowerment) on Thursday to press their claim that groups led by whites have collected tens of thousands of dollars in donations off of the Black Lives Matter movement without paying the Black participants their fair share.
During the sit-in, one of the Black activists threatened the white representative for MORE, saying, “We gon’, we gonna just **** you up.” (Expletive deleted.)
In November, The Gateway Pundit reported MORE set up a ‘wedding registry’ on Amazon seeking donations to fund the Ferguson protests.
An excerpt from the appeal:
“…Jail Support is administered by MORE (Missourians Organizing for Reform & Empowerment), a non-profit working on a variety of social-justice-related issues in the St. Louis area and throughout Missouri. (www.organizemo.org) You can make secure donations directly to the Jail Support Fund here:
https://secure.piryx.com/donate/mS25KFCe/MORE/mikebrown Any way you choose to support us will make a major difference to the people on the ground who are risking their freedom and safety by exercising their Constitutionally-protected rights to assembly and free speech. Thank You! #Ferguson”
Apparently much of the money raised by MORE didn’t reach the protesters.
Video clips of the sit-in were posted to Twitter by @Search4Swag
A statement was posted to Twitter on Friday by one of the Black groups that took part in the sit-in, MAU aka MillenialAU. MAU describes itself on its Twitter account as an “Activist collective for youth organization. Created by young, queer, Black women. Education, grassroots power & leadership”
Text of MAU statement:
“On May 14, 2015 many individuals and organizations of the protest movement that began in Ferguson, Missouri organized a sit-in in the office of Missourians Organizing for Reform and Empowerment (MORE). The demand was simple: Cut the checks.
“Early in the movement, non-profit organization MORE, formerly known as the St. Louis chapter of ACORN, and local St. Louis organization Organization for Black Struggle created a joint account in which national donors from all over the world have donated over $150,000 to sustain the movement. Since then, the poor black of this movement who served as cash generators to bring money into St. Louis have seen little to none of that money. Furthermore, since the influx of funding has started, poor black people continue to take to the streets all the while losing their homes, vehicles, ability to feed themselves and their families, and suffering from trauma and mental illness with no ability to afford quality mental health services. Questions have been raised as to how the movement is to sustain when white non-profits are hoarding monies collected of off (sic) black bodies? When we will (sic) hold the industry of black suffering accountable? The people of the community are fed up and the accountability begins here and now.
“This isn’t about MORE. This is about black lives in the Black Lives Matter movement who are literally broke and starving. There is an insidious strand of racism and white supremacy that exists in this movement and it is called the Non-Profit Industrial Complex. As a by-product, it provides decent salaries and comfort to many people who are not affected by the disparities that they are trying to address. This money is typically in the hands of white people who oversee the types of services that the non-profit provides, while having select token black people to spearhead the conversations within and to the community.
“We NEED to be thinking about justice for black people. This means white people must renounce their loyalty to the social normalcy that maintains white power and control. If black lives really matter, justice and self-determination for black people would mean the black community would control it’s (sic) own political and economic resources.
“It is asinine to believe that black people can continue to organize and take to the street when they can barely meet their basic needs. In St. Louis, organizers and protesters depleted $50,000 of the available funds and dispersed it among the people in the movement in no particular order. Jeff Ordower, executive director of MORE, stated that another $57,000 is expected in the next one to two weeks in which those funds will also be dispersed to the black people in the movement.
“Moving forward, we are building a board of accountability within this movement. We must funnel economic into this movement through the hands of black people who are fighting with and for black life. More on this board will be discussed as we develop.”
http://www.thegatewaypundit.com/…/ - 188k -
not found, error 404
weak. I might start calling you error 404, phony.
Comment by phony scandals
2015-08-13 18:37:51
‘We gonna just **** you up’; Black #Ferguson Activists Threaten White Liberals for Protest Pay
thegatewaypundit.com/2015/05/we-gonna-just-you-up-black-ferguson-activists-threaten-white-liberals-for-protest-pay/
Thanks, Tarara, you’re the second hydra head we needed, just in time as usual, you Sly dog.
I encourage everyone to watch that video. It proves so much.
Oddfellow, you don’t understand. I do it as a favor to phony, who is a nice person. If have the time, I post the correct link (I don’t always watch it.) He, like everyone else here, is entitled to his opinion. Most of the time I agree with phony, sometimes I do not.
Screw off. I have no interest in getting involved in stupid personal squabbles. I am interested in the housing market, that’s all.
Remember the protests (and riots) in Ferguson last summer? It looks like at least some of the protestors were told they would be paid to show up
Who cares? “The guy was a thug.” “Paid rioters” That mean nothing in the big picture of American societal advancement.
You guys miss the main positive point. The main point is that USA law enforcement, in general, has a systematic racial bias, based on hundreds of years of prejudice and racism - and that Ferguson has shined a light on that fact. It has and has for the better.
I guess you guys don’t know St. Louis or Missouri, and how they are a distilled brand of a more subtle version of institutionalized racism in your own country.
You worry about some “thugs” over your worry about ongoing racism. A joke imo.
“Paid rioters”
Paid rioters? Dang. Where was this outrage? This was huge-much bigger than a “thug”. It gave us 2 wars/TaxCutsForTheRich only and a huge deficit. Here’s your “paid rioters”. Hypocrites much?
Wiki:
The Brooks Brothers riot is the term coined to describe the demonstration at a meeting of election canvassers in Miami-Dade County, Florida on November 19, 2000, during a recount of votes made during the 2000 United States presidential election. The name refers to a traditional brand of suits associated with conservative business dress.
The Demonstration
Hundreds of “paid GOP crusaders” descended upon South Florida to protest the state’s recounts,[1] with at least half a dozen of the demonstrators at Miami-Dade paid by George W. Bush’s recount committee.[2] Several of these protesters were identified as Republican staffers and a number later went on to jobs in the Bush administration.[3]
The “Brooks Brothers” name reinforces the allegation that the protesters, in corporate attire, sporting “Hermès ties”[4] were astroturfing, as opposed to local citizens concerned about counting practices.
The demonstration was organized by Republican operatives, sometimes referred to as the “Brooks Brothers Brigade”,[5] to oppose the recount of 10,750 ballots during the Florida recount.
OddFail:
Did OWS not protest?
“No money or votes in it.”
Why don’t they build them a cultural center?
““The hypocrisy that has been shown toward this is really disconcerting. The issue should never be what is the color of the victim. The issue should be: Why was an unarmed teen gunned down in a situation where deadly force was not even justified?”
That is the issue. Where’s the hypocrisy?
A 3.6 billion dollar bailout by the creditors of LTCM in 1998? 3.6 billion? Creditors? How quaint. How simply cute.
I was a stock promoter in another life.
Top of the middle column on Drudge has an article from Glenn Beck tabloid The Blaze titled ‘Soon, Very Soon You Will See’ : Pro-Islamic State Hacking Group Issues Chilling Warning to America
No “smaller government”
No “less regulations”
No “lower taxes”
Just another trillion dollar war paid for with borrowed money
And more Patriot Act and more NSA spying
Fear is all they got left to sell
threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat threat…………
http://www.businessinsider.com/r-us-believes-islamic-state-likely-used-mustard-agent-in-iraq-attack-wsj-2015-8
And you believe it?
I want to gauge how concerned everyone here actually is about their privacy, so let me ask, 1. Do you have a smart phone? 2. Under your privacy settings is location services turned on or off?
Lol, I don’t have a smart phone, I have a seriously outdated doofus phone for emergencies.
Same here. Doofus phones need much less recharging and I don’t care if I drop the stupid thing. I do paygo because I hate subscriptions that can add arbitrary price increases whenever the wind changes directions at their corporate offices.
try a $20 LG optimus dynamic
you might get more azs
Off. This thing will wear the battery out really fast.
On, otherwise the traffic app doesn’t work.
Off. I only turn it on when I use Maps. I haven’t forgotton that Dunkin Donuts story.
What Dunkin Donuts story?
Some months ago (last winter?), one of the HBBers — I think it was Skye — went to a Dunkin Donuts on a Saturday morning and bought a breakfast sandwich with cash. The next day or so, when he was surfing the ‘net, he was presented with banner ads for various Dunkin Donuts breakfast sandwiches and coffee.
Skye wanted to know how Dunkin Donuts knew to target him with ads, since he had paid with cash. We discovered that Skye’s smart phone had its GPS location activated.
The general conclusion we came to is that some corporate big brother had used the smart phone to triangulate Skye’s location to be in a DD. They then sold this info to some entity like google ads for pennies, which triggered a targeted ads to Skye’s IP address.
This is why I only turn on the location to use Maps, and then turn it off when I’m done.
This is what I don’t understand about ads. I will go to a website, buy something, and be out of the market for that type of item. Then, for weeks later, I will get ads on other websites for the same website where I already shopped. Why would I need an ad to convince me to go somewhere that I already went? I ALREADY KNOW ABOUT IT. I WAS JUST THERE.
he was presented with banner ads for various Dunkin Donuts breakfast sandwiches and coffee.
I keep getting banner ads for Feijoada, Mensa, Skull & Bones and bacon.
How cute. You actually think those little on-screen sliders provide absolute control over your phone’s hardware.
“Smartphones” are the ultimate surveillance tool.
I don’t disagree there. RFID case?
No smart phone. And if I did have one I wouldn’t want that tracking BS going on.
1) No.
2) I heard that doesn’t matter. The GPS thing is like mandatory or whatever. Your location might not be broadcast to the websites you visit, but it’s still being tracked and recorded at multibillion-dollar CIA facilities.
On. The government knows everything about me that they want to know anyway, including things I would not care to reveal.
So does China now!
has rio and wpa shown their receipt for paying the white privilege or carbon tax ?
they’re just posin
No, Oddie picked up the check for them.
It’s all on me, just times it by three. (Or four, there may be more…;)
has rio and wpa shown their receipt for paying the white privilege or carbon tax ?
I’m a Californian. I pay a real carbon tax every time I buy gasoline. We have cap-and-trade here. It’s difficult to estimate how much it adds to the cost of gas, probably on the order of 5 to 8 cents a gallon. The state collects about $800 mil a year from the carbon auctions; and, being California, there’s a lot of fighting over what to do with the money.
$2.19 as I cruzed through NC
speed limit is in the 80s
has rio and wpa shown their receipt for paying the white privilege
I enjoy white privilege in Brazil as well as in the USA - everyday of my life.
I pay no tax on my white privilege. It’s the darker skinned people who pay a “tax” on our white privilege.
What country do you live in and where do you get your “knowledge” taxpayers and palmy? Do you live in a country where there is no white privilege?
Lola… set the bar a little higher than a third world slum.
Now even the real journalists are piling on, New York Times has articles titled:
“ISIS Enshrines a Theology of Rape” and:
“Islamic State Truck Bombing at Baghdad Market Kills 67″
No “smaller government” or “lower taxes” happening here
Just more borrowing, more blood, more death
Thanks
taxpayerssuckers!Wasn’t the NYT one of the biggest cheerleaders for the invasion of Iraq? (Until they later admitted it was a mistake.) Are they now becoming a cheerleader for the invasion of Iran?
NYT, WSJ, etc. are all Oligopoly mouthpieces. War is immensely profitable for the oligarch class. It’s the sons of the working class who come home in flag-draped coffins or missing limbs.
I must have missed something yesterday in the oil market.
I filled up my manual 4 banger yesterday morning here in utopia and paid 2.79 a gal. Drove home 12 hours later and same gas station - 3.29 a gal.
Whaaaaaat happened? Up 50 cent in a matter of 1/2 a day?
Someone know?
Thanks in advance.
You paid too much.
Mafia:
Taxes here kill us on gas.
I found out that the refiner at the Whiting IN plant shut down a good part of the facility for repair yesterday - this is the reason for the huge uptick in one day. I will believe it for what its worth. Need gas to drive car.
A temporary bottleneck. No issue with supply or demand.
mafia lifestyle: sit quietly and spend as little as possible, some day you wont have to spend a penny. Fun is overrated if you need to get your wallet out of your pocket.
Pick yourself up off the floor and cheer up kiddo… Falling prices are your wallets best friend.
Fun is great so long as you don’t pay retail and certainly DON’T finance it!
Someone lit a fart at a refinery in Gary.
Something weird is going on here in SD as well. Costco gasoline is $0.60/gal cheaper than the name brand gasoline providers — e.g. $3.28/gal at Costco versus $3.88/gal at Shell.
What gives?
its called paying for tv commercials.
Cornoline?
Same deal on the central Coast, Costco is .60 less.
Yeah, the price of gas is not going down with the price of oil. It’s been that way ever since oil prices started going back down. I noticed that.
Yeah, and bag fees never went away either once oil prices dropped. Hmmmmmmmm.
Another day, another 2%+ drop in the oil price.
Next stop $40/bbl?
Dan Dan Dan. Echo echo echo.
Downside of post-Dan HBB era:
50% fewer posts and 75% fewer words posted per day!
That’s no downside. I am gaining an hour or two a day with less moderating.
I think we’ve seen this before, that when there is a downtick in China, Dan disappears for a while. More downtick, longer absence.
Sure, it’s easy to giggle and disparage that he’s not here because he’s hiding from the crow.
We shouldn’t flatter ourselves. My guess is that his JOB is closely tied to Chinese finances. Perhaps as a financial adviser, legal counsel, bookkeeping for building storage for low-price oil, reporter for China Daily, currency trader… Some line of work where if the economy goes bad in China, his job suddenly becomes very busy.
Let’s wait and see what happens in a couple weeks when the market calms down and the yuan stabilizes. I suspect he’ll be baaaaaack.
The lack of ABQ Wrong is better than daylight savings.
Oil is down in price by nearly 1/3 since June (yawn…).
P.S. 6 1/2 years ago was February 2009, in the immediate aftermath of the Fall 2008 financial meltdown.
Energy Commodities
US oil settles down $1.07, or 2.5%, at $42.23 a barrel
2 Hours Ago
Reuters
U.S. oil prices tumbled about 3 percent to a nearly 6-1/2-year low on Thursday as data showing a big rise in key U.S. stockpiles intensified worries over a growing global glut.
U.S. crude settled down $1.07, or 2.5 percent, at $42.23 a barrel. It fell as low as $41.92 earlier, which was the lowest since March of 2009. Benchmark North Sea Brent crude oil was down 60 cents at $49.60 a barrel, ahead of Friday’s expiry of its front-month contract.
A rise in the dollar, after higher U.S. retail sales in July and strengthening employment data, added to the weight on oil.
Oil has fallen by nearly a third since late June, a decline that continued this week after a spate of refinery outages sapped demand for crude.
…
feels like a strong economy to me.Do commodities usually crater in a recovery growth story?
who is the mystery buyer who keeps coming in during the last hour of trading and bringing the averages back to flat?
AKA the Plunge Protection Team:
https://en.wikipedia.org/wiki/Working_Group_on_Financial_Markets
Anyone see a pattern here?
http://www.chicagotribune.com/bluesky/originals/ct-motorola-mobility-layoffs-bsi-0813-story.html
http://www.breitbart.com/big-government/2015/08/10/chicago-public-schools-announce-over-450-layoffs-as-budget-crunch-worsens/
http://www.zerohedge.com/news/2015-08-12/kraft-heinz-slashing-2500-jobs-us-canada-after-merger
http://www.chicagotribune.com/business/ct-illinois-layoffs-0807-biz-20150806-story.html
http://thesouthern.com/news/local/govt-and-politics/rauner-planning-more-than-state-worker-layoffs/article_dd7542eb-8f36-535e-bdfe-56b263484878.html
YES, I do see a pattern. Each line starts with “http”, followed by a sequence of colons and slashes.
Very funny - read the links!!!
I’m interested by this Clinton email thing. First she had erased them, but wouldn’t the NSA have a copy? Now the server hasn’t been wiped. There’s even copies. But why go to all that trouble? Sort of secretive. Of course scandal is on the Clinton family crest. (Look just under the image of the hillbilly).
Well now she’s got a investigation just like all those Bill had. And there’s people rotting in prison for what she might have done. It might come down to how much Mr New Car Smell likes the Iron Maiden and her ticket to the big time “husband.” In the back of my mind, I always wondered bout this inevitable candidate. Her husband doesn’t think much of her, Mr NCS apparently doesn’t. The public is soured and getting more so. And if she’s out, who’s in? Mr Foot in Mouth? Pocahontas? Sanders says some things I like but I can’t see the party letting an anti-wall street/Fed guy get the nomination.
I wonder if clown-car is all the Dems have got?
She’ll do anything to get another 8 year free ride.
Hey, maybe Hillary will have to pay out $140 million in legal fees to stay out of jail. Then she could plausibly claim to be “dead broke” like her supposed middle class contemporaries. And we could take up a collection to buy her and Bill groceries, because that’s the kind of generous folk we HBBers are.
A great song by Rod Stewart and the Faces……
Ooh La La
Song by Faces
Take heed young men!!!
Poor old granddad
I laughed at all his words
I thought he was a bitter man
He spoke of woman’s ways
They’ll trap you, then they use you
Before you even know
For love is blind and you’re far too kind
Don’t ever let it show
I wish that I knew what I know now
When I was younger
I wish that I knew what I know now
When I was stronger
The can can’s such a pretty show
They’ll steal your heart away
But backstage, back on earth again
The dressing rooms are gray
They come on strong and it ain’t too long
Before they make you feel a man
But love is blind and you soon will find
You’re just a boy again
When you want her lips, you get a cheek
Makes you wonder where you are
If you want some more and she’s fast asleep
Then she’s twinkling with the stars
Is the subprime auto loan bubble bursting? Will Hillary come up with a new taxpayer-funded scheme to help bail out her bankster patrons who foolishly lent money to FBs?
http://www.zerohedge.com/news/2015-08-13/dont-look-now-subprime-auto-bubble-may-be-bursting
Meanwhile, the college bubble is closer to bursting…thank Goodness the banksters who made those bad loans have Hillary in their corner.
http://www.zerohedge.com/news/2015-08-13/college-bubble-20
#CutTheCheck
Have you noticed the oil bulls remain in denial, despite the 50% plus haircut over the past year?
Investing Guide
Iran is hiding more oil at sea than we realized
By Matt Egan
Western companies eye Iran’s business potential
One of the biggest mysteries in the oil market surrounds just how much oil Iran is hoarding at sea.
That’s a key question because Iran’s nuclear deal with the West could lift crippling sanctions, and pave the way for tons of Iranian oil to hit the market. A surge in Iranian exports would only deepen the oil supply glut that has sent prices to fresh six-year lows this week to below $43.
Iran claims it’s not stockpiling oil in tankers in the Persian Gulf, but no one believes it. Up until recently, energy experts thought Iran’s vessels held 30 million to 40 million barrels of oil.
But maritime surveillance firm Windward has harnessed sophisticated technology to determine Iran is actually hoarding 50 million barrels of oil. That’s up nearly 150% from April 2014 when Windward started tracking this closely-watched metric.
Based in Israel, Windward uses Big Data to track oil held on all ship classes and vessels in the Gulf, including those that do not transmit their location.
Iran’s oil is ready to be shipped
The larger estimate of Iran’s floating oil stockpile is more evidence that the world has far more oil than it needs, especially given the slowdown in demand and turbulence in China.
“That means when sanctions are lifted, there is going to be a flood of crude hitting the market because boy could they use the money,” said Tom Kloza, chief oil analyst at the Oil Price Information Service.
It’s important to remember the oil hiding at sea is ready to be shipped to a buyer — likely in Asia — at a moment’s notice. It’s already been pumped out of the ground, cleaned up and processed.
“Iran has been trying to downplay what they have in floating storage because they don’t want those figures to spook the market,” said Tamar Essner, an energy analyst at Nasdaq Advisory Services.
…
Denial ain’t a river in Egypt!
Optimistic Oil Experts Still See Rally as Crude Hits New Lows
Dawn Kopecki
August 13, 2015 — 10:28 AM PDT
Updated on August 13, 2015 — 9:01 PM PDT
Oil analysts are, if nothing else, optimists.
So much so that no one seemed to see the 60 percent slide in oil prices coming when the commodity was trading at almost $108 a barrel on June 20, 2014. At the time, analysts as a group predicted oil would average about $100 a barrel this quarter and the most pessimistic called for $84, instead of the low $40s it’s languishing at.
Analysts are still mostly sunny, looking for a 60 percent rally by late next year. Even the worst month for oil since 2008 has brought out just a few frowns, as Societe Generale SA and Canadian Imperial Bank of Commerce cut their estimates in the past week by more than $10 a barrel. The prognosticator looking smart? Goldman Sachs, which in May said the rally would fizzle.
“Oil prices have so many moving parts that it’s exquisitely challenging to predict,” said Credit Suisse Group AG global energy economist Jan Stuart. He revised his January forecast in February, predicting oil would average around $67 a barrel at the end of the year. “That forecast looks ambitious now,” he said.
West Texas Intermediate crude dropped 2.5 percent Thursday on the New York Mercantile Exchange to settle at $42.23, the lowest close since March 2009. It touched $41.91, the lowest intraday level in more than six years.
Morgan Stanley researchers were seeing a “modest recovery and higher prices into year-end” in an April 12 research report. They still have another 4 months to be proved right. In the meantime, crude prices have fallen by almost 19 percent and they revised their outlook in July, telling investors this could be worse than the oil rout of 1986.
…
phony scandals