Bits Bucket for August 14, 2015
Post off-topic ideas, links, and Craigslist finds here.
The Housing Bubble
Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole.
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So the thuglican party gets their panties in a twist because The Don won’t
rule out running third party. OK, so JEB! won’t rule out the use of torture and what do you want to bet they won’t bat an eye.
http://www.huffingtonpost.com/entry/jeb-bush-torture_55cd0b36e4b055a6daafdf83
shrub 2.0.
I think Trump is a protest vote. People like the fact he’s rattling cages.
People are sensing the reality: that the candidates are carefully vetted by party bosses and big donors during the primaries, and only those that pass that muster are presented to voters.
The problem is that the economic and foreign policy of both sides are the same. They are different on certain hot button issues. They may be different on the judges they appoint.
However, Trump at least talks about a hot button issue like illegal immigration, which both parties are actually on the same page about - they’re not going to oppose it. The fact is, the people make the culture. And the people you allow in are the ones who will shape your society.
The response is always, “Oh yeah? Well, we’ve had waves of immigration before, and it didn’t hurt the country, this one won’t either, you racist.”
That’s a very cavalier attitude about the future of the country. As a sovereign nation, we should be able to control who comes in. And that’s what’s different about this time versus prior times.
This time around, we’re not controlling who’s coming in.
What were the cultural and technological contributions of German, Irish, Jewish, Italian, Scandinavian, Eastern European immigrants and their 2nd and 3rd generation descendants to America?
And what do Mexican, Guatemalan, El Salvadoran, Honduran immigrants bring today?
Cultural relativism is the greatest lie ever told.
More Acts of Love….
http://www.freerepublic.com/focus/f-news/3324588/posts
Brian Omar Hyde needs to hanged from the nearest thing that will support his weight.
“What were the cultural and technological contributions of German, Irish, Jewish, Italian, Scandinavian, Eastern European immigrants and their 2nd and 3rd generation descendants to America?”
Ask the remnants of the people that were here before they came.
Yeah part of his appeal is as a protest vote, but I do like his focus on closing the border and he is the only person bringing up the possibility of tariffs.
Like he said at the debate when asked about immigration. He said you wouldn’t even be talking about it or asking the question if it wasn’t for him.
What if he started out as a democratic plant put in there to bring up the one topic they thought would sink the Rs, but then when he got in he realized the silent majority’s true feelings could actually propel him to a win, so he did a double cross.
People keep throwing that conspiracy out, trump is a Clinton plant. I doubt that. He’s threatened to run several times, he’s 69, the field is wide open, I believe it was simply ‘ let’s do it now while I’m still young enough for this stuff’. I do believe he is just as surprised as anyone at his early success.
This past week he toned down a bit and indicated he’d start putting substantive policy positions out in a couple weeks. If he hits the middle on social.issues, he can pick up a lot of independents.
tump is or was for soviet single payer commie care
he’s having fun before announcing a new show
Where is the percentage in his going 3rd party when he’s in the lead in the Rs, and by a wide wide margin.
I read this last night, and unless you have a very strong stomach, I don’t suggest diving into this rabbit hole, as it could just depress you. However, if you do read it, be sure to read the comments for the information on the author of this piece, since the guy is not exactly a savory character himself (and neither, apparently, is Matt Taibbi. No wonder the Russians hate us). It’s not so much a hit piece on Trump as it is on Roger Stone, but geez, some of the information in here is just mind-bending. Al Sharpton a Republican operative? I have to really try to wrap my mind around that, but his attack on Howard Dean seems to have some similarities to what happened to Bernie Sanders recently, so maybe.
I know politics is a vicious game, but I don’t think the full magnitude of the viciousness hit me until I read this.
http://www.zerohedge.com/news/2015-08-13/behind-scenes-donald-trump-roger-stone-show
I don’t think Trump is a plant but even if he is…who cares? People say any independent run by him will seal the election for Hillary, but what do you think we were going to get before he joined the race? Hillary already had an inevitability about her, and on the off chance she didn’t win we were probably looking at Jeb on the other side, and they are practically the same candidate. Two sides of the same coin. It may still end up that way but at least things will be a little more interesting than it seemed it would be before. Plus Hillary may not be the shoe in people think she is to begin with.
Palmetto that article you linked to must have had some forbidden information in it because not only was it taken down, but it seems to have been scrubbed from other websites that posted it as well.
Whoa, thanks for calling it to my attention. It was there when I posted it. Whew, yes, it was pretty heavy stuff. Like mind-blowing. I should have cut and pasted it into my files, but I didn’t think it would be taken down. Google Mark Ames Pando, see if anything comes up.
Here you go. Remember, Ames is not considered to be the most savory of characters himself.
https://pando.com/author/markamespando/
Dang, that stuff is mostly behind a paywall.
Cached. Just showed up.
Behind The Scenes Of The Donald Trump - Roger Stone Show
Tboom, have I ever told you how awesome you are?
I could listen to that all day
LOL! Big business does not want to close the border. They love cheap labor supported by taxpayers.
Shareholder value! Running formerly solid companies into the ground while using every trick including creative accounting to show quarterly results.
Previous waves of immigrants made it a priority to learn English, and they had plans to actually stay in this country for the rest of their lives.
Auntie
So true. OK, I am of European Ancestry, but the fact is we needed people to immigrate thru Ellis Island, and lets face it, there was law and order back then. Not to mention, health checks, sponsorships, and a desire to be an American. My late granny (died@104) was so proud to live in this country, and her hardships through the Great Depression were many.
An opening for the “great depression” hobgoblin.
Got more pander?
“he’s rattling cages” - People have no clue that one belligerent blowhard is not enough for changing the system.
If you depend on someone else to make the changes you want - like more freedom, you will wait a very long time. If you instead take the direct approach and use your imagination to extend your freedom, you have 100% certainty of more freedom.
The political game is a fool’s game.
You want to rattle cages? Stop voting. Most likely people will not notice but you at least get the pride that you do not play their games, which they always win by the way. Figure out ways to reduce your taxes if you think you are paying too much. If you think you are paying too little, write a check.
If you think government has eyes everywhere, you are wrong. If what you want to do is a felony or misdemeanor but harms no one, and you can do that without others knowing, it’s up to you to assess the risk of being caught. Maybe your freedom is more important and the risk is very low.
I used to ask the question that is seldom answered!
if a criminal is holding a gun on your child, should the police shoot the criminal before he shoots your child , or after he shoots your child?
Same thing goes for torture!
If your child is kidnapped, should the kidnapper be tortured to get the location of your child, or should you just let your child die because you would not torture someone?
those questions aren’t hard to answer.
anyone who threatens an innocent person with any weapon forfeits his own life.
any kidnapper should be met with any force necessary to save the victim.
“Any force necessary”
Torture is illegal because it leads innocent people to give wrong information, thereby causing the supposed police to waste their time. It also gives a great cover for corruption.
Thousands of innocent people are locked up in our pennitenary gulag or have been put to death because of coerced confessions. Legalized torture, er, “enhanced interrogation,” is a slippery slope.
Torture is illegal because it leads innocent people to give wrong information, thereby causing the supposed police to waste their time.
i’m not saying to run around and torture people. but if you know you have the kidnapper or someone involved in it AND you have nothing else to save the victim, then use it. concern about what happens to the kidnapper is ridiculous. just do everything you can to save the victim. whether he lies or not is irrelevant if there’s no other way to save the victim.
i would agree that torture shouldn’t be allowed to on suspicion. it shouldn’t be allowed if there’s any doubt that the person is involved. in other words, it should be allowed only in specific and rare circumstances.
one thing i’m specifically NOT talking about is getting confessions from torture. THAT shouldn’t be done under any circumstances.
‘i would agree that torture shouldn’t be allowed to on suspicion. it shouldn’t be allowed if there’s any doubt that the person is involved. in other words, it should be allowed only in specific and rare circumstances. one thing i’m specifically NOT talking about is getting confessions from torture. THAT shouldn’t be done under any circumstances.’
Sticking hummus up peoples butts is stupid.
yes, and so is yanking fingernails out by the roots. but i wasn’t thinking of either of those. the worst torture that should be employed is probably water-boarding, although people can on occasion die from it.
Trump vrs. Sanders in 2016!
A Keynes biographer states what he thinks Keynes would have thought about the response to the Great Recession.
The Two Big Economic Policy Failures That John Maynard Keynes Would Be Disappointed by Today : Keynes’s biographer speaks
by Julie Verhage
August 13, 2015
Bloomberg
Specifically, he doesn’t think Keynes would have liked the Federal Reserve’s quantitative easing:
… the recovery has been very very slow. We’ve been for many years in a state of semi-stagnation, and the recovery is still very very weak in the European Union. The actual recovery measures we’ve taken, particularly quantitative easing, have actually skewed the recovery towards asset buying and real estate, thus threatening to recreate the circumstances that led to crash in the first place. I think he would have been disappointed by those policy failures.
http://www.bloomberg.com/news/articles/2015-08-13/the-two-big-economic-policy-failures-that-john-maynard-keynes-would-be-disappointed-by-today
Can’t expect Citadel to take care of you if you ain’t gonna take care of Citadel.
‘The social sciences have always generated ethical outrages — they deal, after all, with people, not electrons or chemical compounds. But nothing stimulates bad behaviour among the expert class like wars or terror attacks.’
‘What’s surprising about this is that anyone’s surprised. The root of their stupefaction, I’d say, is the delusion that the sciences — psychology, sociology, anthropology, economics etc. — are sciences at all, in the sense of the physical sciences. They aren’t.’
‘They lack the basic qualities of “real” sciences, like clear terms, definitions, and theories, as Noam Chomsky recently noted. The terms they have are used “very loosely,” with a “strong ideological component.” In the 19th century, when their modern versions arose, they hitchhiked on the prestige and success of the natural sciences, appropriating the very word; and basked in the glow of Galileo or Newton.’
‘Unlike Prometheus, they didn’t so much steal fire from the gods to give to men; they stole false fire and hawked it. Economists, for instance, failed to see the housing bubble and the crash of 2008. True, some scruffy outsiders, like American Dean Baker, got it right, but all they did was look at the evidence and apply common sense, much as Aristotle would have.’
‘The late John Seeley, a superb sociologist and psychologist, spent much of his career effectively pursuing his own tail; pondering how to study something of which you were a part and which had made you what you were. It was like studying your own back at the same time as it relentlessly pushed you forward. “We may also hear,” he wrote, “in any serious piece of social science writing as in any poem — the cry of a soul calling for attention, obliquely but obstinately, to who he is, what he is, what he wants, what he suffers, who is with him and against.”
‘He’d have understood how objective “scientists” could happily verify that waterboarding isn’t torture. They aren’t just social observers, they’re social agents, with their own motives and needs that also deserve careful research.’
So why didn’t Keynes predict the housing bubble? Because he’s dead.
Who exactly is promoting Keynes in Washington, or any economic theory? It’s like rio, stuck in some 1980’s debate with himself, about “supply side”. IMO there are only two operating “economics”; globalism and central bank-ism.
The “social sciences” are mostly quackery promoted by agenda-pushers.
prices should be administrated to help stock holders get richer so they have money to hire the minions.
What do the social sciences have to say about what will happen to a society if you subsidize not working for several generations?
Current reality has disproved the economic theory tat there ain’t no such thing as a free lunch.
TANSTAAFL is dead.
It is literally not possible to apply the scientific method to social issues. It gets on my nerves the way people throw that term around.
It’s quite possible. You just have to be willing to mess people up badly in the process.
Specifically, he doesn’t think Keynes would have liked the Federal Reserve’s quantitative easing
Thank you Neuromance, I feel vindicated. I’ve been posting here repeatedly that QE is not Keynesian. Keynes believed monetarism was warranted only if there was a true shortage of money or liquidity in the economy. He probably would have supported QE1 as a short-term temporary measure just to get some liquidity back in the marketplace. Keynes would have wanted a larger stimulus than what Obama did with a much larger focus on infrastructure and public works to lay a foundation for future private sector growth.
I believe Keynes also advocated paying down the debt in good times. The problem is, this doesn’t work in reality. Every dollar coming from government is claimed by some citizen. Politicians like spending because it increases their power and prestige.
So, the debt will simply grow, unless the consequences of not cutting it are more dire than the consequences of allowing it to grow. Iceland, or Ireland are examples, and they don’t really count because they don’t have full control over their budgets or currency.
The end game of Keynesian stimulative spending with increasing debt is stagnation. Japan is in fact the model. That’s where we’re headed.
That is because of human nature. Communism, when moved from theory to reality resulted in what we saw in the Soviet Union and Cuba and North Korea. That was because of human nature. Keynesian theory, which has held sway since the 40s, results in what we see today. And that’s because of human nature, when theory meets reality.
Keynes provides an academic cover for stimulative spending, and human nature provides the drive to run up the debt. And with government providing so much largesse, influencing the government results in crony capitalism as we see here and in Japan.
Theory vs reality driven by human nature.
No one pays down national debt unless they absolutely have to, as the case of Ireland or Iceland. In a country with control of its currency and budget, there is no stopping until the debt load itself creates some sort of crisis.
#CutTheCheck
#pushthebutton
#FleeceTheSheeple
#Lolaanklepantsoddpa
New song for Lola based on yesterday’s bits.
Once, twice, three times a lady ….
#LionelRitchieNotCecil
#PalmieTrumpTroll … who’s that Pimp-Trumping on my bridge?
“Once, twice, three times a lady ….”
Free tines a maidy (ht Eddie Murphy)
“The overwhelming share of players in what has become a central bank enabled casino are now de facto statists. They believe that the agencies of the state can and should peg money market interest rates, prop up the bond market via massive monetization of the public debt, and eliminate “contagion” outbreaks in the equity and other risk asset markets.
Except “contagion” is a red herring. Its just another name for old-fashioned market breaks and bear raids on speculative excesses and reckless leveraged gambling. This kind of bear market liquidation is essential for healthy capital and money markets, but its been extinguished by the Greenspan/Bernanke/Yellen “put” and the casino’s overwhelming conviction that the central bank will flood the market with liquidity should another Lehman-style meltdown ever manage to incept.
All of this adds up to the conviction that governments drive the process of economic growth and wealth creation and that capitalism thrives best when it is nourished and guided by the helping hand of the state, most especially its central banking branch.”
http://davidstockmanscontracorner.com/the-great-china-ponzi-an-economic-and-financial-trainwreck-which-will-rattle-the-world/
Stockman cracked the code a long time ago. So did Ron Paul. But as long as 95% of the electorate remain docile sheep who vote for the crony capitalist status quo, the Wall Street-Federal Reserve Looting Syndicate will have free rein to pauperize the 99%.
Every morning on CNBC, Ron Paul has a commercial peddling some kind of scam.
Aww, let the guy peddle some stuff if he wants to, he’s not harming anyone or lobbying for squids. He’s certainly earned it. Gave up a successful medical practice to serve the country as best he could.
I suppose we are lucky to have Greece as an foreboding example, but I worry that our turn isn’t far off. The U.S. populace of the thirties was much better equipped on a personal level than the modern version because division of labor and specialization have made us weaker as individuals, IMHO.
The US population of the ’30s was mostly rural or small-town based, with rural and small town values and reputations to protect, and the land, skills, and resourcefulness to raise enough of their own food to get by. The next Great Reset will see urban centers turn into dystopian hellholes and flooding out into the countryside like locusts.
turn into? You mean it gets worse?
Despite the debacle of Iraq, AIPAC’s neo-con stooges are once again oozing forth to push their agenda.
http://news.yahoo.com/neocons-emerge-amid-us-election-race-061848427.html
You’re giving me warm and fuzzy thoughts of the trial and execution on YouTube (just Google it) of Nicolae and Elena Ceaucescu
Get ready for more a Chris Mathews-style tingle-up-your-legs-as-you-hump-Obama’s-leg quiver then…the neo-cons are back spreading their snake oil.
http://libertyblitzkrieg.com/2015/08/12/neocon-godfather-francis-fukuyama-warns-of-too-much-transparency-in-government/
http://www.theburningplatform.com/2015/08/14/from-911-to-mass-surveillance-the-man-who-knew-too-much/
“…further, the distinction between military and commercial space systems – combatants and noncombatants – will become blurred. Information systems will become an important focus of attack, particularly for U.S. enemies seeking to short-circuit sophisticated American forces. And advanced forms of biological warfare that can ‘target’ specific genotypes may transform biological warfare from the realm of terror to a politically useful tool.
This is merely a glimpse of the possibilities inherent in the process of transformation, not a precise prediction. Whatever the shape and direction of this revolution in military affairs, the implications for continued American military preeminence will be profound.
…the process of transformation, even if it brings revolutionary change, is likely to be a long one, absent some catastrophic and catalyzing event – like a new Pearl Harbor.”
– The Project For a New American Century, Rebuilding America’s Defenses
The Project For a New American Century was a think tank founded in 1997 by Robert Kagan and William Kristol, with John Bolton, Bruce Jackson, and Devon Gaffney Cross as Directors. Robert Kagan is the husband of Victoria Nuland. PNAC was replaced in 2006 by the ‘Foreign Policy Initiative’ which was also founded by Kristol and Kagan.
In addition to promoting ‘neo-conservative’ policies within the Clinton, Bush, and Obama Administrations, the organization issued a major position paper called Rebuilding America’s Defenses which you may read about here.
PNAC was a leading proponent for regime change and the wars in Iraq, etc. Here is a list of the original signatories although there is no evidence that they specifically approved of this position paper. There is a list of contributors on the last page of the paper itself.
Scripting a narrative and rallying the base is so much easier today than in the immediate wake of 9/11. Anytime some ragtag looser does something violent it is soon revealed that they “retweeted” an ISIS tweet and that sets the mouth breathers and window lickers and sister diddlers into a bloodlust frenzy.
The national debt is over $18 trillion. Iran has a population of over eighty million (and BTW, whatever happened to “boots on the ground” in Ukraine, did that fall down the same memory hole as Cecil the lion?). My favorite analogy about ISIS that I can’t remember where I read is that ISIS is the equivalent of what would happen if Charles Manson and the Family took over San Bernardino County and declared themselves a state.
You’re being manipulated.
You’re being lied to.
Ever notice that Hannity and Limbaugh never use the word neocon?
‘Obama, for all his faults as a leader, apparently did read at least some of the tea leaves after correcting course on Syria. He decided that the ongoing confrontation with Iran served no purpose and could be resolved by diplomacy rather than another war. He put all his eggs in that basket and persevered in spite of persistent attacks from Republicans and neoconservatives while the process was unfolding.’
‘Last Wednesday’s Obama speech defending the agreement subtly made the point that America should perhaps go about its foreign policy differently. To be sure, he exaggerated when describing a failure to ratify the agreement as inevitably leading to war as the rest of the world will choose to ignore whatever Washington decides and it will be business as usual with Tehran. The speech was also replete with the usual bromides about “our dear friend and ally” Israel as well as a dangle of yet more money for Tel Aviv and careful avoidance of any mention of Israel’s own nuclear arsenal. It also chose to ignore completely Benjamin Netanyahu’s blatant interference in our political process.’
‘But for the first time Obama spoke about American interests trumping those of Israel, that it would be an “abrogation of his constitutional responsibility” to behave otherwise. He also called out the neoconservatives explicitly and Israel Lobby implicitly, even though somewhat elliptically, stating that the same crowd that demanded war with Iraq is doing it again, that they have a “preference for military action over diplomacy.” He concluded by asking the American public to tell their representatives what kind of country they want to have, good advice indeed.’
‘Obama was inevitably careful in his critique of who is behind the war party and I personally would have liked him to put some teeth into his comments by immediately afterwards firing the State Department’s Victoria Nuland to demonstrate that he was serious. And, of course, he inevitably avoided indicting his own liberal interventionists who have inadvertently both aided and expanded the neocon agenda: Susan Rice at the White House and Samantha Power at the United Nations.’
‘The agreement with Iran can nevertheless be rightly seen as a potential turning point, just as momentous as the events post 9/11 that led to the move to the dark side followed by the disastrous war with Iraq. It is a concession that the United States can obtain most of what it wants without bombing or killing anyone and that Washington does not have to be at war with everyone forever.’
The U.S. needs to resurrect the military draft, a two year commitment for both men and women and follow that up with a debt-free college education grant. This would dampen these neocon empire activities around the world and force a badly needed appraisal of our relationship with Israel.
the U.S. needs to resurrect the military draft
It aint gonna to work.
———————
Up to 75 Percent of US Youth Ineligible for Military Service
http://usgovinfo.about.com/od/usmilitary/a/unabletoserve.htm
About 75 percent of America’s 17- to 24-year-olds are ineligible for military service due to lack of education, obesity and other physical problems, or criminal history, according to a report issued by the Mission: Readiness group.
“.. 75% are ineligible….”
Only because they can afford to be picky. One of the side benefits that some people/organizations get when the defacto economy and job market sucks.
Start an actual shooting war with somebody with a real army, and the standards for rejection will drop in a hurry.
Historic anecdote - One of the things discovered when the 1940 draftees started getting inducted was how many medical problems caused by malnutrition during the Depression were evident during the draftees physicals.
This fact has been backed up by evidence seen in the remains of WWII serviceman whose remains have been recovered/anaylysed by US Army anthropologists since the formation of the DPMO.
(Guys who were rejected in 1940 were eventually drafted in later drafts, when we got involved in the shooting, or were volunteers after the standards were lowered.)
What do y’all not understand about “free people”? There are some who feel that the government doesn’t even have the right to charge taxes. They’d better have a bullet-proof reason to conscript our labor.
Drafting women is a recipe for disaster. You want a fighting force or a social engineering testbed?
“Drafting women is a recipe for disaster.”
There are nearly thirty support personnel for each person involved in a combat role.
You’re being manipulated.
You’re being lied to.
And, paradoxically, the media is hiding the worst atrocities from us. ISIS isn’t just chopping off a few heads of infidels here and there: these people are engaged in the worst organized state sanctioned genocide, sex trafficking, slavery and other atrocities of a scale not seen since the Holocaust.
ISIS published their expansion plan:
http://www.refiningtruth.com/wp-content/uploads/2014/09/isis-map.jpg
I don’t know where the breaking point is but sooner or later the civilized world — not just the U.S. — is going to have to put these people out of business. I agree with you the neo-con way is not the right way…
‘the civilized world — not just the U.S. — is going to have to put these people out of business’
Sufferin’ succotash, do we have to go over this again?
DIA admits the West supported the creation of ISIS
‘The Defense Intelligence Agency 2012 now released.
” 8.C. IF THE SITUATION UNRAVELS THERE IS THE POSSIBILITY OF ESTABLISHING A DECLARED OR UNDECLARED SALAFIST PRINCIPALITY IN EASTERN SYRIA (HASAKA AND DER ZOR), AND THIS IS EXACTLY WHAT THE SUPPORTING POWERS TO THE OPPOSITION WANT, IN ORDER TO ISOLATE THE SYRIAN REGIME, WHICH IS CONSIDERED THE STRATEGIC DEPTH OF THE SHIA EXPANSION (IRAQ AND IRAN) ”
https://www.youtube.com/watch?v=imb_Q3-0EqA
http://levantreport.com/2015/05/19/2012-defense-intelligence-agency-document-west-will-facilitate-rise-of-islamic-state-in-order-to-isolate-the-syrian-regime/
Turkey could wipe out ISIS in a week. Instead they allow reinforcements. Israel bombs Syria whenever it wants, but treats ISIS wounded and sends them back to fight. The Saudi’s don’t have a problem bombing Yemen for months, but haven’t lifted a finger. Why would they, they gave ISIS its start up money.
These are all our allies. Our “enemy”, Iran, is the only outside country actually fighting ISIS.
The icing on the cake is that ISIS gives the US political cover to re-invade the middle east.
DIA admits the West supported the creation of ISIS
I wouldn’t phrase it that way. Sure, the West supported Syrian opposition groups but they did not foresee the opposition morphing into ISIS. You’re right, Turkey could handle the ISIS problem but then there’s the Kurdish problem. It’s all so complicated, Shia vs. Sunni with layers of complicated tribal interactions underneath it all.
There is nothing complicated about killing people to gain economic advantage. Nothing at all.
What happens very simply is a bitter harvest.
‘It’s all so complicated’
Not really. As I pointed out, all US allies in the area either have or are aiding ISIS in some way. Including a country I omitted, Syria, the US enemies are the only ones actually fighting ISIS. More than just a hint of a pattern, especially in light of the DIA report.
And this isn’t pre-ISIS assistance. It’s going on right now.
I propose renaming the “Department of Defense” to “Department of Regime Change.”
Starting to get that deja voux feeling again - not of 2008 but the 1998 “East Asian” crisis that quickly morphed into a systemic global financial crisis.
http://www.zerohedge.com/news/2015-08-14/malaysia-meltdown-asian-currency-crisis-20-sends-ringgit-stocks-crashing
All the crises of the last few years seem to turn out to be popcorn farts. Greece, shrug. Bond crash, shrug. Oil crash, shrug.
LTCM bailout in 1998 was 3.6 billion of creditors’ money. Truly a popcorn fart by today’s standards.
We’ll see about China, but my guess is that this is going to play out over 10-30 years and not 10-30 days or months. They gotta lotta tricks to extend and pretend for years to come.
That was the Asian contagion. Odd that my Asian mutual fund dropped 50% that one year and then increased by nearly 100% the next year.
Where is my narrative? I’m on Drudge right now and there is *no* ISIS and *no* Iran
Fortunately, William Kristol delivers with a twofer on Weekly Standard with “Does Israel Stand Alone?” and “Rejecting the Deal Doesn’t Mean War”
And if you scroll down on Breitbart (Andrew Breitbart was murdered under direct orders from King Obama) there is some ISIS.
Moonie rag (Unification Church) the Washington Times used to have a section on their website called “Threat Assessment” but strangely it has vanished in the past few weeks.
Scripting a narrative
Rallying the base
World Net Daily always delivers, their top article below the scrolling headline is titled “Evangelists: Obama ‘Paving The Way’ For Antichrist” with a subtitle that reads “Christiane see president in dark, biblical light.” And what makes this even more pathetic is that Sheldon Adelson, who is not a Christian, purchases the candidates that these World Net Daily readers vote for.
In a recent poll, one in four ‘Muricans believed Obama is the literal Antichrist. People that stupid shouldn’t be allowed to vote or breed.
http://www.theguardian.com/world/2013/apr/02/americans-obama-anti-christ-conspiracy-theories
The “momentum play” stocks are starting to pop left and right.
http://www.marketwatch.com/story/el-pollo-loco-share-tumble-12-as-revenue-same-store-sales-fall-short-2015-08-13
‘In both of those cycles, the DNC also only sanctioned six debates. But those elections were filled with dozens of unsanctioned debates, too, that started at least six months earlier than the DNC plans to kick off its debate season this year, on Oct. 13.’
‘That frenzy is what the committee is trying to prevent from happening this year, and it’s what lower-ranking candidates, who would benefit from more chances to appear in nationally televised debates on the same stage as front-runner Hillary Clinton, are rebelling against. Senator Bernie Sanders said he’s “disappointed” with the schedule, while former Maryland Governor Martin O’Malley called it “unprecedented” and “outrageous.”
‘lower-ranking candidates’
Clown car.
Front runner? For how long. Col Sanders is ahead in NH by a significant margin.
New car smell.
Seems like the DNC is thus far better protecting the future coronation of their annointed one than the RNC has protected its chosen candidate.
DNC-Dimwits, Nimrods, Cretins
One good thing about this election cycle will be that neither candidate gets “the youth vote” excited. Even Bernie Sanders, the best of the bunch for the youth crowd, doesn’t strike me as someone they can get behind much (not that they ever really vote much anyway). Bunch of old crusty rich white people.
Young people got excited in ‘08 about a certain Soros-backed peddler of snake-oil “hope and change.” Look where that got them.
Obama has done B- work. Not bad considering no help from congress for 6 yrs.
Jeb 2016, he will return us to the Bush Years we all loved.
You must grade on a curve. Solid F. Failure, Fraud, Fantastic Fictions, as well as some other F words I will refrain from specifying. Without the oligarch controlled lapdog media he would have been driven out of office by now like Nixon.
+1000
A President gets help from a Congress when he’s willing to negotiate and lead in turn. Obama isn’t willing. He should have got the memo that said that the Congress may end up Republican since, gee, it’s math or something.
Equality under the law…
Not even a smidgen…
Most transparent administration in history…
———————–
The Clintons Make the Rules, While Everyone Else Has to Follow Them
National Review | August 14, 2015 | John Fund
The late real estate magnate Leona Helmsley sealed her reputation as the “queen of mean” when she told a housekeeper, “We don’t pay taxes. Only the little people pay taxes.”
Hillary Clinton is under new scrutiny after the revelation that some of the e-mails on her now-infamous private server included information then classified as “top secret.” Her flat denial in March that classified information ever passed through the server was laughable at the time, and it’s been proven false now. But no one expects the Obama administration to punish Hillary the way it has so many “little people” who have mishandled classified data in the course of their government service.
Take former State Department analyst Stephen Kim. He’s now serving a 13-month sentence in a federal prison for leaking classified data on North Korea to Fox News reporter James Rosen, who in turn had his e-mail records searched by the Obama Justice Department without his knowledge.
NSA whistleblower Tom Drake, for instance, faced years in prison, and ultimately had his career destroyed, based on the Obama DOJ’s claims that he “mishandled” classified information (it included information that was not formally classified at the time but was retroactively decreed to be such). Less than two weeks ago, “a Naval reservist was convicted and sentenced for mishandling classified military materials” despite no “evidence he intended to distribute them.” Last year, a Naval officer was convicted of mishandling classified information also in the absence of any intent to distribute it.
In the light of the new Clinton revelations, the very same people who spent years justifying this obsessive assault are now scampering for reasons why a huge exception should be made for the Democratic party front-runner.
Hillary Clinton herself has supported that “obsessive assault.” In 2011, when Chelsea Manning was convicted and sentenced to 35 years in prison for passing classified material to Wikileaks, Clinton held a news conference to emphasize that classified information “deserves to be protected and we will continue to take necessary steps to do so” because it “affect[s] the security of individuals and relationships.”
Liberals attacked the hypocrisy of politicians who had affairs of their own but pointed fingers at Bill Clinton, even though none of them committed perjury under oath or lost their law license because of it, as Clinton did. Hypocrisy in sexual matters is offensive, but only one politician had the authority in August 1995, just three months before his relationship with Lewinsky began, to sign Executive Order 12968. It stipulated that to be eligible for access to classified information, an individual must have a record of “strength of character, trustworthiness, honesty, reliability, discretion, and sound judgment, as well as freedom from conflicting allegiances and potential for coercion.”
One of the reasons the American people are so cynical about Washington is that they see a disparity between how the system treats the powerful and how it treats average citizens. The Clintons have railed against this double standard, but in a twist have complained that they are the victims of it. “All I’m saying is the idea that there’s one set of rules for us and another set for everybody else is true,” Bill Clinton complained to NBC News this spring, in the face of allegations that the Clinton Foundation traded political favors for foreign contributions. “There is no doubt in my mind that we have never done anything knowingly inappropriate in terms of taking money to influence any kind of American government policy. That just hasn’t happened.”
Seems to be a theme with socialists here and there…
———————-
Being the ex-President’s daughter pays off: Hugo Chavez’s daughter is Venezuela’s richest woman
Daily Mail | 8/11/2015 | Pete D’Amato
The daughter of Hugo Chavez, the former president who once declared ‘being rich is bad,’ may be the wealthiest woman in Venezuela, according to evidence reportedly in the hands of Venezuelan media outlets.
Maria Gabriela Chavez, 35, the late president’s second-oldest daughter, holds assets in American and Andorran banks totaling almost $4.2billion, Diario las Americas reports.
Others close to Chavez managed to build up great personal wealth that was kept outside the petrostate. Alejandro Andrade, who served as Venezuela’s treasury minister from 2007 to 2010 and was reportedly a close associate of Chavez, was discovered to have $11.2billion in his name sitting in HSBC accounts in Switzerland, according to documents leaked by whistleblower Hervé Falciani.
The richest people in China are the spawn and grandchildren of the original Communist revolutionaires. Four legs good, two legs bad….
“The daughter of Hugo Chavez, the former president who once declared ‘being rich is bad,’ may be the wealthiest woman in Venezuela…”
Maybe she’s really smart like Hillary… stock tips, etc.?
Chelsea may be a better parallel in this case.
I am trying to better understand stupid people, since they are the overwhelming majority of today’s citizens. Also because I’m fascinated with the phenomenon of formerly stupid people who through some mysterious process open their eyes and start experiencing brain-wave activities. It’s like zombies reverting to human form in that movie WARM BODIES - I’d always assumed once a zombie, always a zombie; and that stupid people were forever doomed to be unintelligent, but the recent rejection of the Oligopoly’s annnointed candidates gives me new hope that I might be mistaken.
Help me out, any HBBers who voted for Obama, McCain, or Romney but who have since opened their eyes and refuse to vote for any more crony capitalist water carriers - how does one make the transition from profoundly stupid to aware, awake, and engaged? This subject intrigues me, so the perspectives of former sheep, lemmings, and zombies who have since “seen the light” is much appreciated as I’ve never personally been stupid and remain bemused by the antics of stupid people. Conversely, if you remain in a state of abject stupidity and thus intend to vote for HillaryJeb or one of the GOP clown car occupants, please explain your reasoning in voting for these Oligopoly stooges and how you think it will benefit you. Have notebook and pen in hand; ready to take notes.
http://www.latimes.com/nation/politics/la-na-trump-sanders-20150814-story.html
Change comes from pain and discomfort. With enough of that some people decide to try something different. But you need to get to a certain level. I think those who open their eyes get to that level and this allows them to finally stop listening to what everyone tells them and decide for themselves.
Imagine butting your head against a wall, over and over and over again. You won’t change on the first hit, or the second, or maybe not the third or the thirtieth, but eventually a sane person will stop. In that moment they have the opportunity to look around and say to themselves, what the heck have I been doing.
Everybody’s definition of “Stupid People” = Anyone who disagrees with me.
Might I suggest that you will have problems with getting people to agree with your point of view, if you start out by calling them stupid?
I’ve found that everyone’s viewpoint on any given subject is determined by their previous education, experiences, and prejudices (some valid, and some not).
If you are a member of the 99% and you voted for an Oligopoly-annointed water carrier like Obama, McCain, or Romney, then by any objective criteria you voted against your own interests, i.e you are stupid. The prosecution rests.
Anyone who voted for these Republicrat clowns has self-identified has stupid. While they might have a dim perception that they aren’t very bright and were sold a bill of goods, they lack the intelligence to realize the full magnitude of their mistake or the nation’s misfortune in falling for “hope ‘n change” or the even more appalling GOP “alternatives.”
Who let the voice of reason in here?
I think it was a gradual process, not a sudden thing.
If one stops relying on the U.S. MSM for information, in particular the various TV news channels, that’s a good start…
No matter what happens Ray, remember that I will always be smug.
I may not turn you over my knee….
In 2012 I registered Republican in Arizona only long enough to vote for Ron Paul in the primary. Then I registered Libertarian and voted for Gary Johnson that November.
I have always been partial to libertarians and voted mostly for libertarians. The only exception which I am ashamed of is I was foolish enough to vote for George W Bush in 2004. I liked his tax cuts but I was fooled about war.
The RNC’s treatment of Ron Paul in 2012 made me decide it’s so rigged that even within the same party only the oligarchy war mongering statists will be nominated. That is why I stopped voting after 2012.
I think there are various shades of people who have decided they’ve been had. Some turn to voluntaryism - which is what I did. Some switch from D to R or R to D. Some become extreme statists. Some become nationalists, which is really a variant of collectivism and certainly not voluntaryist. So I am leery about how you define transition from stupid to aware. Each of us has a philosophy that we think is the one for smart people, but sometimes we are 180 degrees apart.
In our Obama-Fed-Goldman Sachs “recovery,” renting is more expensive than ever.
http://libertyblitzkrieg.com/2015/08/13/the-oligarch-recovery-renting-in-america-is-most-expensive-ever/
How else to herd greater fools into siging up for overpriced mortgages than to drive rents through the roof?
Remember what they taught you in government run schools.
All cultures are equal.
Diversity makes us stronger.
Christianity and islam are the same anyways.
Import more of these animals because they will vote democrat for generations - so it is all good.
Hey lookie over there - a lion was killed…
——————–
ISIS Enshrines a Theology of Rape
The New York Times | Thursday, August 13, 2015 | Rukmini Callimachi
QADIYA, Iraq — In the moments before he raped the 12-year-old girl, the Islamic State fighter took the time to explain that what he was about to do was not a sin. Because the preteen girl practiced a religion other than Islam, the Quran not only gave him the right to rape her — it condoned and encouraged it, he insisted.
Stop posting entire articles. That goes for everybody. I don’t have time to edit this stuff.
Sorry Ben - I actually only took a few key paragraphs from this very lengthy NYT article.
Is there is a rule of thumb you want us to go by?
2/3 paragraphs?
You didn’t include a link so I could see what % you posted. Just use common sense and a link. Readers can then go see the rest for themselves. That keeps the newspapers happy.
This is a boon to several economies and companies!
Can we arrange for a big boom in Detroit?
———————–
Hyundai’s damage from Chinese explosion estimated at 160 bln won (4,000 cars)
Yonhap News | 2015/08/14
SEOUL, Aug. 14 (Yonhap) — South Korea’s top carmaker Hyundai Motor is estimated to have lost 160 billion won (US$136 million) from huge explosions in China’s northeast port city of Tianjin, industry watchers said Friday.
China Central Television (CCTV) said the blasts involved a shipment of explosives at the Ruihai warehouse in Tianjin, and occurred around 11:30 p.m. on Wednesday. The exact cause was not immediately known.
Hyundai had parked around 4,000 automobiles at the site, including Genesis and Equus luxury sedans.
While Hyundai usually produces automobiles to be sold in China locally, it ships high-end models from South Korea.
“It will take quite a long time to find out the detailed damages (incurred from the explosion),” a Hyundai Motor official said. “All automobiles damaged from the explosion will be covered by our insurance, so there are no significant losses.”
Other carmakers are also estimated to have suffered damages from the explosion, including Germany-based Volkswagen which lost 2,750 automobiles, sources said.
Millions of broken windows. Krugman must be creaming himself.
More acts of love.
Don’t worry. He will vote democrat so all is good.
—————
Illegal Alien Arrested For ‘extremely violent’ Triple Homicide in Florida
by Adan Salazar | Infowars.com | August 13, 2015
The brutal deaths of a grandmother and two teens in Florida earlier this week have been pinned on an illegal alien who crossed the Texas-Mexico border.
Police in Fort Meyers arrested Bolivian national Brian Omar Hyde, 19, Tuesday driving on the wrong side of the road with no license and blood on his clothes and body.
It was an “extremely violent scene, even for us,” Sands said. “All homicide scenes are normally violent, but this scene was what we considered unimaginable.”
Other reports show Hyde and two other men were suspects in a double murder case dating back to October 2013. He was only charged with a lesser crime of “handling stolen goods.”
Mr Hyde is the exception, not the rule.
Social Justice Warrior™ betters have assured that the other 99.999% of Acts Of Love will all grow up to be doctors and astronauts.
And now back to your regularly scheduled Salon, HuffPost, and BuzzFeed links.
Here’s the problem with trusting the economy to the “free market” and the “invisible hand”: sometimes the market is flat-out wrong:
“By almost any measure, the U.S. solar market is on fire. Installations of solar panels are expected to soar by a third this year, the price of solar power is now cheap enough to compete neck and neck with gas and coal-fired power …
Wall Street, however, has been dumping solar shares this year, largely on concern, which investors say is misplaced, that tumbling oil prices will sap demand for alternative energy, even though oil isn’t used to generate power.”
http://www.reuters.com/article/2015/08/14/us-solar-stocks-analysis-idUSKCN0QJ0C520150814
Here is your answer.
It has NOTHING to do with the free market.
And everything to do with being a friend of obama.
———————
Though solar is becoming mainstream, investors still view it as risky. It remains more expensive in most places than conventional power, so must rely on government subsidies and mandates that come and go.
Wut?
I saw a stat that noted wind turbine farms (using about 1600 total years of operation) suffer a long-term fall in output of about 1.6% ± 0.2% per year of operation, even when maintained. British wind farms obtain half of their revenue from outright government subsidy. Wind doesn’t work and I’m tired of hearing people pretend that it does work.
I’m sure solar power has similar bad numbers.
45,000 demand Israel PM Netanyahu’s arrest for ‘war crimes’ during UK state visit
A petition calling for Israeli Prime Minister Benjamin Netanyahu to be arrested for ‘war crimes’ when he arrives in London next month has been signed by over 45,000 people.
Netanyahu will arrive in London on a state visit in September and meet with British Prime Minister David Cameron.
According to Jewish News, the Iranian nuclear deal and the impasse in the Israel-Palestine peace process will be key issues on the agenda during the visit.
The petition, published on the UK Parliament website, demands Netanyahu’s arrest upon arrival for “the massacre of over 2,000 civilians in 2014.”
Last summer, Israel launched a bloody war against Gaza that killed nearly 2,300 Palestinians, the majority of which were civilians, 500 of them children.
The attack crippled Gaza’s infrastructure and left over 500,000 people homeless or displaced.
The government will be forced to respond since the petition has received over 10,000 signatures. If it surpasses 100,000, Parliament could debate the issue.
http://www.rt.com/uk/312358-netanyahu-arrest-war-crimes/
Now THAT would be awesome if it actually happened! Would be pretty interesting if Parliament is forced to debate the topic.
Jimmy Carter Blames Netanyahu for ‘Zero Chance’ of Two-State Solution
Former President Jimmy Carter believes there is “zero chance” for a two-state solution to the Israeli-Palestinian conflict and places the blame on Israeli Prime Minister Benjamin Netanyahu.
“These are the worst prospects for peace between Israel and the Palestinians for years,” Carter said in an interview with Prospect magazine published Thursday and first cited in the Times of Israel.
The one-term Democrat, who brokered the historic Egypt-Israel peace accords at Camp David in 1978, added that Netanyahu “does not now and has never sincerely believed in a two-state solution for Israel and Palestine,” the stated goal of a series of negotiations, most recently ones led by Secretary of State John Kerry that ended unsuccessfully last year.
Carter’s new book, “A Full Life: Reflections at 90,” was published in July and includes personal reflections as well as pronouncements about various conflict regions, including the Middle East, according to the Prospect article.
“The Netanyahu government decided early on to adopt a one-state solution,” Carter told Prospect, referring to Israel’s continued control of the West Bank.
Palestinians “will never get equal rights [to Israeli Jews, while Israel occupies the West Bank],” he said, but added that he would like a campaign to give them “more equal rights.”
Asked if Israel is heading for apartheid, Carter said, “I am reluctant to use that word in a news article.”
Carter’s 2007 book “Palestine: Peace Not Apartheid” was widely criticized in the Jewish and pro-Israel community for its allegedly one-sided description of the conflict.
In the Prospect interview, Carter also praised the Iran nuclear deal, which the Israeli government and many American Jewish organizations oppose.
Read more: http://forward.com/news/breaking-news/319127/jimmy-carter-blames-netanyahu-for-zero-chance-of-two-state-solution/#ixzz3inygGbb8
“…..allegedly one sided description…..”
Don’t know why they are bitching. It’s been pretty much a “one sided conflict”.
I guess the Republicans need to be explained by Natanyahu if the Iran deal id good for America. Darn it how complicated is it that our honorable Republican leaders need to travel to Israel to understand this deal.
Republicans Meet With Netanyahu to Discuss Iran Nuclear Deal
Representative Kevin McCarthy, the House majority leader, led a delegation of Republicans to Israel to meet with Prime Minister Benjamin Netanyahu.Credit Gali Tibbon/Agence France-Presse — Getty Images
JERUSALEM — Prime Minister Benjamin Netanyahu did not directly advise visiting Republican members of Congress how to vote on the Iran nuclear deal, the leader of the delegation told reporters on Thursday. The head of a Democratic Congressional group that visited Israel last week had said the same thing to journalists.
“He doesn’t tell us how to vote but he lays out concerns for the future about what the world could look like,” said Representative Kevin McCarthy of California, the House majority leader who is spending the week in Israel along with 35 mostly new members.
Mr. McCarthy said that Mr. Netanyahu — the most vocal critic of the deal signed last month between the United States, five other world powers and Iran — fielded questions from the delegation for more than 90 minutes on Wednesday and was the “most concise” and “most succinct” he has ever seen him.
“He listened to everything and it was thoughtful and he answered directly from each question,” Mr. McCarthy said of the Israeli leader.
Congressional pilgrimages to the holy land are an annual rite of summer, coordinated by the American Israel Public Affairs Committee, or Aipac, the powerful pro-Israel lobby. The pending vote on the Iran deal, which an Aipac spinoff is spending $20 million fighting, has lent urgency and substance to the regular round of meet-and-greets with public officials and security experts.
http://www.nytimes.com/politics/first-draft/2015/08/13/republicans-meet-with-netanyahu-to-discuss-iran-nuclear-deal/?_r=0
There have been successful evacuations/relocations of large civilian ethnic/religious minority populations in history before. It’s time to pull the plug on the Israel experiment, it was a well intentioned idea, but an idea whose time has passed.
ISIS is not a threat to the sovereign territory of the United States.
Iran is not a threat to the sovereign territory of the United States.
The national debt is over eighteen trillion dollars.
A brief view of the usdebtclock.org tells you an interesting story…
U.S.National Debt August 2008:10T
NOW:18.4T
Mortgage Debt August 2008:14.5T
NOW: 13.4T
Credit Card Debt August 2008: $951,492,352,
NOW: $904,838,700,000
FSA Food Stamps August 2008: 31,474,415
NOW: 45,362,280
So while there has been *some* down ticks in debt everything is climbing again…
The phrase “bought and sold” applies here.
Debt IS dumb!
debt is retarded. There is no such thing as good debt. Liberace will tell you otherwise.
Public union goon pensions WILL BE PAID.
That is all you really need to know.
————————————
Local Governments Look To Cash In On Commercial Truck Inspections
Michigan Capitol Confidential | 8/13/2015 | Anne Schieber
Local police departments that get into the truck inspection business insist their only interest is safety. But truckers and traffic enforcement watchdogs believe there is another agenda in play — money.
Hillsdale County’s Somerset Township could be the next local government to jump on board. Its board of supervisors will consider an ordinance this month that would let the township keep most of the fines collected from truckers subject to local inspections.
“Trucking citations can range from several hundred dollars to several thousand dollars and improper out-of-service orders can delay goods from being picked up and delivered,” said Matousek. “The result is increased costs to ship the food we eat, the clothes we wear, and the cars we drive and in the end, consumers pay for it.”
More like “moving up the food chain”.
Black people have said “enough” to getting stopped by the police for BS tickets. So they are moving on to the next batch of suckers.
Unfortunately, since a large percentage of the commercial drivers around here are illegals, and they plan on issuing the ticket to the driver, instead of to the company that owns the truck, good luck collecting any fines.
good luck collecting any fines
Well, what works is that when we Whites refuse to pay traffic fines, we see our licenses suspended, which has immediate consequences the next time a police officer pulls us over, namely citation and towing, even up to being arrested (and still towed).
How exactly does an illegal bypass all these consequences? Be explicit, please… because if there’s a way to just drive in the United States without a driver’s license and not care at all about fines and citations, I’m all ears.
I’m sure the contractor did what was really important— contributed massively to the DNC and its candidates.
———————
EPA Contractor Behind Colorado Mine Spill Got $381 Million From Taxpayers
http://www.libertyunyielding.com | 8/13/2015 | LU Staff Writer
The Environmental Protection Agency may have been trying to hide the identity of the contracting company responsible for causing a major wastewater spill in southern Colorado, but the Wall Street Journal has revealed that information.
Environmental Restoration, LLC (ER), a Missouri-based firm, was the “contractor whose work caused a mine spill in Colorado that released an estimated 3 million gallons of toxic sludge into a major river system,” the Journal was told by a source familiar with the matter. The paper also found government documents that corroborate the contractor’s identity.
So far, the EPA has refused publicly to name the company hired to plug abandoned mines in southern Colorado, despite numerous attempts by the Daily Caller News Foundation and other media outlets to learn its identity. It is unclear why the agency chose not to reveal the contractor’s name.
What is clear, however, is that ER received $381 million in government contracts since October 2007, according to a Journal review of data from USAspending.gov. About $364 million of that funding came from the EPA, but only $37 million was given to ER for work they had done in Colorado.
fair to say?
after july the only hot market left is San Fran
most of the rest you can search condo glut ___ city name and whoop there it is
It’s 114F where I live. Does that count as a hot market? Too hot, IMO.
This is for PalmieTrumpTroll:
Donald Trump Talks Like a Third-Grader
They ran Trump’s vocabulary through a grade-level test and found he speaks at a 3rd or 4th grade level. This puts him in Sarah Palin territory. This leaves us with two possibilities:
1. Trump truly is as dumb as he speaks.
2. Trump is really a smart guy, he’s just duping us with a “plain talk” act.
The article dismisses No. 1 and says Trumpspeak is by design.
It could be that market research tells him that his audience is acting on a Third Grade level.
Free tines a maidy.
So why don’t you bedwetter libtards run an Adlai Stevenson against Trump and see how well that works out for you?
People are not Liberal so much, they are just anti-neo-con war-monger-big-spenders.
Who’s yer daddy?
http://www.washingtonpost.com/news/post-politics/wp/2015/08/14/at-iowa-state-fair-jeb-bush-plays-the-sober-adult-in-a-summer-of-anger/
Yeah, a sober adult who endorses torture and the Iraq War.
And you sang this guy’s praises. Why am I not surprised?
There are the 10% who benefit/profit from unrestricted legal and illegal immigration.
Then there are the 90% of us who get to live with/pay for the consequences.
In many spots out here in flyover, Spanish is the predominant language, and the locals feel like strangers in their own home towns. Where property crimes are becoming rampant, although I suppose fixing and replacing the stuff broken or stolen by illegals is contributing to the “growth” the PTB like to brag about?
Don’t bitch to me about the USA’s low savings rate, when I’m shelling out $1000 cash to fix my car after it was broken into.
The government and media types don’t get it. If an election were help today, he could get elected on this one issue by itself, if he commited himself to getting a handle on the problem.
“Getting a handle on the problem” means committing MONEY for investigators, arrests, judges, hearings, and deportations, and not just for 2-4 years, but for 10-12 years. Aint gonna happen. “WE ALL PAY TOO MUCH IN TAXES ALREADY.” WAAAAHHH.
“Explain it to me like I’m a 5th grader…”
Trump: “I’ll do you one better…”
I’ll reply to everyone at once. I’m doing a public service here by exposing Donald Trump as a double fraud:
1. His populist low-brow 4th grade vocabulary is an act, as stated in the quoted article, and
2. His anti-oligarch “outsider” platform is a fraud because he himself is back-slapping, deal-cutting member of the Jeb/Hillary cabal of ultimate oligarch insiders.
I’m not buying his facade but apparently about 25% of the Repub base do. Like I said, exposing Trump as a modern version of Huey Long is a public service. You’ll thank me later.
And the alternatives are who?
I was gonna tell you guys to stop bickering, but palmie is making it hilarious.
On TDY in STL. Our arrival here was delayed.
Seems that one of the pilot’s wives almost got shot by a truckload of south of the border types spraying fire all over the shopping center parking lot. 3-4 bullets holes in the car, glass shattered, etc. She was walking out to get into it, when the displaced Toltecs came by.
Local cops took the report, with the same demeanor you get from them when reporting a car break in. IOW, nothing will be done about it unless they stumble across these guys due to a freak accident, and they confess.
(According to the cop), it seems that the nuevo Pancho Villas working at the meat packing plants in the next town over are finding a new form of Saturday night entertainment, by driving over to surburbia, shooting up the place, then high-tailing it back to Little Mexico/Latin America.
Where did this happen? Aren’t there any armed citizens around to take care of the thugs?
No armed citizen in their right mind is going to engage in gunplay with thugs unless forced to in literal defense of their lives or homes. The legal costs of killing or injuring someone with a firearm, even in legitimate self-defense, can bankrupt the average person.
The legal costs of killing or injuring someone with a firearm, even in legitimate self-defense, can bankrupt the average person.
Uh, what? Not in Ohio. Then again we’re not a Liberal-infested s#!t zone. When you legally defend yourself here, there’s no court action. You don’t need a lawyer. You’re not prosecuted.
Why can’t we invite California to secede?
I can’t tell if the crime coming from illegals is worse than crime coming from other segments of the population. Does anyone know of a good source of stats?
Inconceivable! This is one of those Amish drive by shootings. The illegals are all home dilligently reading Thomas Jefferson and studying to be productive members of society.
http://www.freep.com/story/opinion/columnists/mike-thompson/2015/08/11/sex-sex-scandal-tea-party-michigan/31430635/
Yep, a conservative, God fearing tea-bagger politician tried to fake a gay sex scandal to draw attention away from the affair he was having with another God fearing tea-bagger politician. It’s a grand old party indeed.
Subprime mortgage investing is definitely a much different line of business than raisin production.
Financial Times
On Wall Street
Last updated: August 14, 2015 3:27 pm
What a court ruling on raisins might mean for Fannie and Freddie
Ben McLannahan
Investors prepare for court battle with US government over stock dividend changes
Imagine you are a champion raisin farmer. Every year you produce the ripest, plumpest raisins. Then every so often the government comes along and takes almost half of your harvest for less than the cost of production, harking back to a 1940s price-stabilisation programme born out of the Great Depression. You’d be mad, wouldn’t you?
Marvin Horne certainly was — and after a 13-year fight he got even. In June the US Supreme Court ruled that the Fresno, California-based farmer was entitled to “just compensation” whenever the state came knocking.
The way a group of fund managers see it, there is a similar injustice in the way the US government has treated Fannie Mae and Freddie Mac, the home loan giants it bailed out in 2008 by buying common and preferred shares. The rescue was fair enough, the investors say: both government-sponsored enterprises faced huge losses as they were leveraged like hedge funds. Their business model consisted of issuing vast amounts of debt to fund purchases of US mortgages. That meant each $75 in total assets was effectively backed by only $1 of equity.
But in 2012 the Treasury Department changed the terms of its preferred stock dividend from 10 per cent to a 100 per cent sweep of all profits. That was “an egregious and unlawful action”, says Daniel Schmerin, Miami-based director of investment research at Fairholme Capital Management.
Fairholme and Perry Capital are the most outspoken plaintiffs in the two big Fannie Mae suits against the government. Bill Ackman of Pershing Square, which is also suing, told investors in his funds this week that Fannie remained his single best bet for outsized returns. He is a big investor in the common stock, which is still trading about 97 per cent lower than its pre-crisis peak.
…
Good god, have you all seen Marco Rubio’s wife? I’m coining it here first…FLILF!
http://abcnews.go.com/Politics/meet-marco-rubios-wife-jeanette-dousdebes-shares-surprising/story?id=30306521
http://naturallyunbridled.com/blog/wp-content/uploads/2011/08/horse-face-no-way-jose.jpg
OK, now that’s just too funny right there. Jeebus, that made my day.
A little Rubio anecdote here: When he was Speaker of the House in Florida, there was a minor scandal about his wife using some Republican organization’s credit card to make some personal purchases.
Rubio got all grandiose and he maintained that she had every right to use the card because she was “The First Lady of the Florida House”. Who knew there was a “First Lady of the Florida House”?
Press had a field day for a couple of weeks.
Dude, that’s harsh.
His wife is a director at Goldman Sachs. ‘Nuff said.
Nice smile
“Meet the Spouses of the 2016 Presidential Contenders”
http://www.nationaljournal.com/pictures-video/meet-the-spouses-of-the-2016-presidential-contenders-20150413
the raul’s wives need to get them a serious makeover if they want to appeal to the voters.
What does that stand for?
The GOP clown car is soon to be lighter by one Oligopoly stooge.
http://www.businessinsider.com/rick-perry-fundraising-stats-2015-8
A third Greek bailout, to be followed by…oh, forget it.
Can’t wait for the can-kicking to run out of road.
http://www.telegraph.co.uk/finance/economics/11803799/Greece-on-verge-of-clinching-new-bail-out-but-lenders-delay-debt-talks-until-October.html
When the Fed gets done running our economy into the ground and debasing the dollar into worthless green paper, what do you plan to barter?
http://libertyblitzkrieg.com/2015/08/14/greeks-flock-to-grassroots-alternative-currencies-to-deal-with-euro-debt-slavery/
A primer on SJWs, the anal polyps of the online community.
http://www.rooshv.com/what-is-a-social-justice-warrior-sjw
Wow, that was quite the read there.
Disruptive threat to Uber? :
http://lazooz.org/
Police making bank on civil unrest.
http://www.businessinsider.com/cop-brags-about-money-earned-in-ferguson-2015-8
$70,000 minimum salary causing hard times for Seattle CEO
Jerry Newberry, MorningTicker | August 01, 2015
Dan Price, the CEO of Gravity Payments recently made headlines by declaring his company would raise its employees to a minimum salary of $70,000, says the decision has caused him to fall on hard times.
Price, according to a report on Fox News, is renting out his own house in an attempt to make ends meet. This is just three months after the announcement that all 120 employees of the credit card processing firm would receive raises to the minimum.
The move cost him a few of his good customers and two of his “most valued” employees, who left the firm because many new employees received larger pay hikes than older employees.
Read more at http://www.morningticker.com/2015/08/70000-minimum-salary-causing-hard-times-for-seattle-ceo/
John Kerry to lay off 2,500 people
Kraft Heinz cuts 2,500 jobs
By Paul R. La Monica @lamonicabuzz
Warren Buffett on today’s American Dream
When mac & cheese combines with ketchup, what do you get?
Apparently, pink slips. Kraft Heinz is laying off 2,500 workers — more than 5% of its total staff.
Kraft and Heinz completed their merger in early July. Job cuts were widely expected when the deal was announced earlier in the year.
Michael Mullen, a spokesman for Kraft Heinz (KHC), said in an email that the layoffs were being done to “ensure we are operating as efficiently and effectively as possible.”
He added that it was a “very difficult, but necessary, decision.”
http://money.cnn.com/2015/08/12/investing/kraft-heinz-job-cuts-layoffs/index.html?iid=hp-stack-dom
phony scandals