Bits Bucket for September 1, 2015
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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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Name:Ben Jones
Location:Northern Arizona, United States
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CR8R
why have retirements become basically like spinning a roulette wheel?
When should we start buying stocks again? I’m thinking anything under a Dow 15,000 calls for buying back in at 10% increments through the balance of the year.
Wait until your friends say you would be crazy to buy stocks.
Ask the PPT, they are currently meeting in Jackson Hole.
So true—ask the Fed officials when they plan to start QE4, and start buying right before they do.
This market has been propped up on the fumes of QE-combustion for a long time. Sadly, volatile fumes are often explosive…
Good point PB. That is what they said when I bought houses in 2008 thru 2010……
LOL, true.
It wasn’t that long ago that stockophiles here said 15,000 was a crazy high expectation. What has changed that makes stocks of unprofitable companies worth so much more?
Nothing has changed. I don’t usually buy stocks of unprofitable companies. I like to buy stocks when the P/E is below long term trend and there is a good dividend.
If that were so, you wouldn’t be buying at DJ = 15000 or whatever.
That’s why I’m asking the question. Where would you buy, Blue?
Buy large company stocks when they are no higher than 40% of their peak highs.
Sr. HA’s personalized plate…
+8. GR8 observation!
Are more losses in store for investors in China stocks?
Top News
Tue Sep 1, 2015 | 3:57 AM EDT
China stocks falter in giddy trade as weak PMIs heighten growth fears
An investor looks at an electronic board showing stock information at a brokerage house in Beijing, August 27, 2015. REUTERS/Jason Lee
SHANGHAI (Reuters) - Chinese stocks got September off to a rocky ride on Tuesday, with main indexes tumbling 5 percent at one point as weak manufacturing data laid bare the daunting challenge faced by Beijing as it races to revive a stumbling economy.
At the end of the session, the markets had managed a recovery of sorts, as rebounds in blue-chips partly offset slides in small-caps.
The blue-chip CSI300 index fell 0.1 percent, to 3,362.08, while the Shanghai Composite Index lost 1.3 percent, to 3,166.62 points.
But small caps posted heavy losses. Shenzhen’s growth board ChiNext dived 6 percent and the CSI500 index of small companies tumbled 6.3 percent.
…
With Chinese stocks off by 40% despite aggressive government intervention, one can’t help but wonder how bad the crash would be without Uncle Chin to “lend support.”
Extreme volatility rocks China stocks
By Charles Riley
China stocks swung wildly on Wednesday as investors grappled with the market’s latest episode of extreme volatility.
The benchmark Shanghai Composite shed 4.2% at the opening bell, only to recover and lurch into positive territory by mid-day. The smaller Shenzhen Composite followed a similar pattern, opening nearly 5% lower before mounting a recovery.
The Shanghai index has now crashed roughly 40% from its June 12 peak, leaving the index with a 3% loss since January.
Beijing has acted aggressively in recent months to prop up stocks. The central bank has injected cash into the financial system and state-backed brokerages have been ordered to buy stocks, but the measures have largely failed to stem losses.
Investors will soon get a state-mandated break from the pain. Markets in China are due to start a four-day holiday on Thursday, as Beijing shuts down for a military parade that will commemorate the end of World War II.
Stocks fared better elsewhere in Asia on Wednesday. Hong Kong’s Hang Seng was down by less than 1%, while Japan’s Nikkei was trading higher by about 1%. Australia’s ASX All Ordinaries declined 1.2% following the release of disappointing GDP data.
Turbulence in Asia comes after a very rough Tuesday for U.S. stocks. The Dow Jones Industrial Average plunged 470 points, or 2.8%, and is 12.5% below the all-time high it set in May. The S&P 500 fell 3% and is once again in a so-called correction. The tech-heavy Nasdaq sank nearly 3% as well and is 11% below its July peak.
…
I don’t see how artificial intervention to prop up the stock market is going to reverse China’s economic slowdown.
Markets | Wed Sep 2, 2015 12:44am EDT
China stocks reverse losses after brokerages pledge support; Hong Kong flat
SHANGHAI
An investor looks at electronic boards showing stock information at a brokerage house in Shanghai, China, September 1, 2015. REUTERS/Aly Song
China stocks clawed back sharp early losses on Wednesday amid speculation that the government is putting fresh pressure on brokerages to support the market.
Nine Chinese brokerages have pledged additional funds worth over 30 billion yuan ($4.71 billion) to buy shares, the China Securities Journal said on Wednesday.
The estimates by the Journal followed Tuesday’s announcement by several Chinese brokerages that they would increase the size of their proprietary trading as weeks of turmoil in mainland markets showed little sign of abating.
After slumping as much as 4.4 percent in early trade, the CSI300 index was down only 0.2 percent at 3,356.67 points by lunch time.
The Shanghai Composite Index also reversed early losses of up to 4.6 percent, and ended the morning up 0.3 percent at 3,176.34 points.
Improving sentiment on the mainland also helped Hong Kong stocks recoup early losses.
A number of Chinese brokerages, including Guotai Junan Securities Co, Changjiang Securities and Pacific Securities have pledged additional funds to buy shares, the China Securities Journal said, answering fresh government calls to support the wobbly stock market.
…
After a 39% Rout, China Stocks Are Still Double Hong Kong Prices
Bloomberg News
September 1, 2015 — 11:45 AM PDT
Updated on September 1, 2015 — 6:40 PM PDT
For all the losses in Chinese stocks since the nation’s record bull market ended in June, shares on mainland exchanges are still more than twice as expensive as their identical counterparts in Hong Kong.
Dual-listed companies traded at an average 115 percent premium in China at the end of last month, within three percentage points of a four-year high in July, according to monthly data compiled by Bloomberg. The price differences have persisted even as a $4.9 trillion selloff dragged the Shanghai Composite down 39 percent from this year’s high.
Viewed for months as a sign of over-valuation in mainland shares before they peaked in June, the gaps have failed to shrink as government-backed funds intervened to prop up the local market. CMB International Securities, KGI Securities Co. and Fortune SG Fund Management Co. say it’s only a matter of time before valuations on yuan-denominated A shares come back down to Earth.
“A shares are still overvalued,” said Daniel So, a strategist at CMB International Securities in Hong Kong. “Downside risks are larger than upside potential.”
…
It wasn’t me
Beijing is blaming everyone but itself for China’s stock market collapse
Who’s to blame? (Reuters/Stringer)
Written by Heather Timmons and Zheping Huang
Obsession
China’s Transition
September 01, 2015
China’s stock markets continue to stumble, despite the massive stimulus that the government has unleashed to prop them up. The Shanghai benchmark index fell by 1.23% today (Sep. 1), after closing down slightly yesterday. The index has fallen by nearly 40% from its mid-June peak.
In some ways, the slide isn’t surprising—after all, Chinese stocks were trading at extremely rich valuations before they started to fall, even as signs emerged that China’s economy was slowing.
China’s retail investors poured money into the stock market earlier this year because they didn’t have many other choices (they’re all but barred by Beijing from investing outside the country). The government helped fund the rush to equities by loosening up credit in an attempt to offset a growing bad-debt problem.
Since the markets’ fall, China’s stock prices look much more rational—but government officials have been working overtime to lay the blame for the drastic correction on almost anyone but policymakers in Beijing. These are the main scapegoats so far…
…
Markets | Tue Sep 1, 2015 11:15am EDT
China stock probes send shivers through investment community
SHANGHAI | By Pete Sweeney and Engen Tham
An investor looks at electronic boards showing stock information at a brokerage house in Shanghai, China, September 1, 2015. REUTERS/Aly Song
Investigations by Chinese authorities into wild stock market swings are spreading fear among China-based investors, with some unsure if they are simply helping with inquiries or actually under suspicion, executives in the financial community said.
Chinese fund managers say they have come under increasing pressure from Beijing as authorities’ attempts to revive the country’s stock markets hit headwinds, with some investors now being called in to explain trading strategies to regulators every two weeks.
One manager at a major fund - part of the “national team” of investors and brokerages charged with buying stocks to revive prices – said a friend, also an executive at a large fund, was recently summoned for a meeting with regulators, along with all other mutual funds that had engaged in short-selling activity.
“If I don’t come back, look after my wife,” his friend told him, handing the manager his home telephone number.
China has unleashed a volley of measures to try to prop up its stock markets that have fallen around 40 percent since mid-June, pushing domestic brokerages and fund managers to buy up shares and banning investors with large stakes from selling their holdings for six months.
The authorities’ meddling has unnerved many investors, leaving them questioning China’s commitment to liberalizing its capital markets and the long-term future of the country’s stock markets themselves.
Adding to those concerns is the fact that authorities have also been probing investment funds’ trading strategies, looking into whether they have been engaging in alleged “malicious” short-selling or market manipulation.
On Monday, Bloomberg reported that Li Yifei, the China chairwoman of Man Group Plc (EMG.L), one of the world’s largest hedge funds, had been taken into custody to help with inquiries.
Reuters has not independently confirmed the report, while Li’s husband has said she is having “normal” discussions with regulators. Man Group shares fell as much as 6 percent on Tuesday following Bloomberg’s story.
…
Stockswatch
China is the scariest threat to stocks since 2009. Here’s why
By Matt Egan
Why China’s market meltdown affects the rest of the world
America’s stock market is in the midst of one of the longest bull markets in history — despite recent steep losses recently.
It’s a bull market that has gone through many panic attacks. The European debt crisis, the downgrade of America’s AAA rating, Greek drama, and the fiscal cliff all inflicted big wounds. But each time, U.S. stocks emerged victorious despite nursing some bad bruises.
In the last two weeks the U.S. stock market is once again churning. This time, on fears that China’s economic upheaval could knock the world into recession.
But will the current market freak out be different for the bull market? China, after all, is not only the world’s second largest economy, but it touches businesses and countries around the world. And U.S. companies are vulnerable to that, which is why a severe Chinese slowdown looks like the biggest risk to U.S. stocks since 2009.
“This is a real threat. A hard landing in China is the biggest threat to the global economic recovery since the financial crisis,” said David Joy, chief market strategist at Ameriprise Financial.
The broader question is: Does China represent the same kind of systemic risk that the financial crisis did? Or are there reasons to believe China has the ability and willingness to avoid the worst-case scenario?
Chinese ripple effect is spooking investors
Concerns about China have knocked U.S. stocks into their first correction since the 2011 downgrade of America’s perfect credit rating.
“An economic slowdown in China is as large of a catalyst in investors’ minds as anything we’ve seen going back to the financial crisis,” said Art Hogan, chief market strategist at Wunderlich Securities.
China matters so much because its explosive growth fueled the rest of the world. A huge appetite for goods and raw materials lifted economies in Europe, Asia, Latin America, Australia and elsewhere.
So China’s slowdown has a huge ripple effect around the globe. Just look at how South Korea on Tuesday revealed a 15% plunge in August exports because of weaker demand from China.
“If China gets a cold, the rest of Asia gets the flu,” said Peter Kenny, chief market strategist at The Clear Pool Group, a financial technology firm.
Fed may not come to the rescue
Concerns about China’s economy are amplified by the fact it remains a bit of a black box to investors. Few trust the accuracy of Beijing’s economic stats and many believe actual growth is a lot lower than the government reports.
It’s also important to put the China scare in context. Previous market scares occurred during times when the Fed was either aggressively flooding the financial markets with cash and buying bonds or promising low rates.
But now the Fed has stopped buying bonds and mortgages and is preparing to raise rates for the first time in nearly a decade. So that safety net may not be around anymore.
…
11:36 am ET
Sep 1, 2015
Asia
IMF’s Christine Lagarde Tries to Tamp Down China Panic, but Urges Vigilance
By Ian Talley
International Monetary Fund managing director Christine Lagarde speaks in Jakarta, Indonesia, on Tuesday.
BAY ISMOYO/AFP/GETTY IMAGES
When questions about the fate of the global economy arise, the International Monetary Fund often falls in one of two camps: Highlighting all the risks or trying to inject confidence into markets.
IMF chief Christine Lagarde appears to be taking the latter approach to China, where fears the No. 2 economy is about to fall off a cliff are fueling global market routs.
“Growth is slowing—but not sharply, and not unexpectedly,” Ms. Lagarde said in a prepared speech in Indonesia on Tuesday. “The transition to a more market-based economy and the unwinding of risks built up in recent years is complex and could well be somewhat bumpy.”
That being said, the IMF earlier this year boldly challenged Beijing’s official growth target of 7% this year by forecasting 6.8%. Although that may seem like a small difference, the fund’s breaking with the Chinese government forecast is unusual. It was designed to send a message: Things aren’t as rosy as the government is letting on and authorities should be working diligently to bolster the economy.
…
Noticed at our CU, no more PMI mandatory. Anyone know what’s going on? Does PMI have a state regulatory component?
That Credit Union will fail like all the rest. Better pull your $50 out soon.
Sid Blumenthal emails to Hillary savage Boehner as lazy, unprincipled alcoholic loathed by younger conservative GOP congressmen.
http://www.washingtonexaminer.com/article/2571172/
Victory is inconsequential in a game that has no meaning.
Yes, but we get a participation trophy nonetheless. Because everyone’s a winner.
You mean the red nose and blood-shot eyes were not a dead give-away.
….and the crying in his beer? Whocuddanode?
Dear Obama Zombies, McCain Mutants, and Romney Retards,
Kindly post video of your expressions at the precise moment you realize, belatedly, that your vote for crony capitalism and the vaporization of your 401 (ks) are intrinsically linked.
Hugs in advance,
RKH
It is very clear that the Republicans are going to win. It just is a question of will it be an establishment boot licker or Trump.
Since World War II, voters have only once elected a president to serve a third consecutive term for a single party, this being the election of Republican George H. W. Bush in 1988 after two terms with Republican Ronald Reagan. In all other cases, the opposing party’s candidate has won after two terms with a single party: Dwight D. Eisenhower (R) in 1952, John F. Kennedy (D) in 1960, Richard Nixon (R) in 1968, Jimmy Carter (D) in 1976, George W. Bush (R) in 2000, and Barack Obama (D) in 2008.
Only once since WW2.
The Republicrats are going to win. The two parties are indistinguishable.
I thought I wasted all those years watching professional wrestling when it became obvious to my young mind that pro wrestling was a fake. Little did I realize that I was learning a much more valuable lesson.
Hillary is still our next president unless someone convinces Elizabeth Warren to run, then Lizzy will win. America is ready for a female president. To many voters that will mean more than anything else.
And to be honest if our choice is going to be either one of those ladies or Jeb, I do not care who wins.
America is ready for a female president. To many voters that will mean more than anything else.
Are you suggesting that they would vote for them just because they’re female?
A bit sexist, isn’t it??
A bit sexist, isn’t it??
To clarify, I meant that voting for them just because they’re a specific gender is sexist. Not that your presumption of this behavior is sexist.
Starting to look like 2008 all over again, except this time central banks, having already blown $13 trillion in funny money trying to leviate the Ponzi, are almost out of ammo.
http://www.businessinsider.com/south-korean-exports-august-economic-bellwhether-2015-9
CRAAAATER! BTFD!
We are far far far from 2008. There is still lots and lots of pumping to do.
Mr. Market is ugly, and it wants to die. But they won’t let him. It’s like Weekend at Bernie’s.
Why is it that only “fringe” political figures are speaking truth to power?
http://www.independent.co.uk/news/uk/politics/nigel-farage-says-people-fleeing-wartorn-syria-arent-necessarily-refugees-10480545.html
What is the name for the phenomenon whereby extremely rare events seem much more likely because they are now reported more due to the proliferation of the Internet and many more media outlets?
confirmation bias?
“Of the roughly 4 million people who have fled Syria due to the conflict around 98.3 per cent are stuck in neighbouring Lebanon, Jordan, Iraq, Egypt and Turkey.”
Where the local governments will ensure that they never become residents or citizens, and that they remain in squalor, thereby discouraging them from staying very long.
The oligarch “recovery” - most low-income ‘Muricans voted for hope ‘n change; now thanks to crony capitalism they can’t afford to live in metro areas.
http://libertyblitzkrieg.com/2015/08/31/the-oligarch-recovery-low-income-americans-cant-afford-to-live-in-any-metro-area/
Most low-income whites voted for Romney in 2012 regardless of how his policies negatively affected low-incomers. These people always vote for the Republicans because of the perceived right to own an AK-47 and the right to hate on the Homos. And they will this time also.
Same logic as the poor whites who volunteered to fight in the Confederate Army. They went to war to defend a system (slavery) that was helping to keep them poor.
The republican candidate that promises you can use your ak47 on immigrant homos will win the election.
What about Californica and brazilian trannies?
A song for Wall Street - Jump You F*#kers.
https://www.youtube.com/watch?v=yge311sFhC8
crushing.housing.losses.
Another domino falls.
http://wolfstreet.com/2015/08/31/macaus-economy-blows-up/
To the Obama Zombies: your portfolio is about to get obliterated, but the important thing is, Obama is set for life. Ka-CHING!
http://www.moonofalabama.org/2015/08/obama-announces-readiness-to-accept-another-1-billion-in-bribes.html
This is how politics works nowadays: An organization starts offering a service to its constituents. A completely separate trade organization perceives a threat to its profits. It sues to stop the organization but fails. Then it spends some money on a politician and gets a completely arbitrary law put on the books preventing the organization from engaging in the activity. Success!
A short article and a worthwhile read.
A grave business
A tussle over headstones in New Jersey may end up before the Supreme Court
The Economist
July 25, 2014
DEATH is tricky, but burials are fairly straightforward. Secure a cemetery plot, buy a coffin, order a headstone and hope for a sermon with a fortifying Robert Frost poem. In 2013 the Roman Catholic archdiocese of Newark, New Jersey sought to simplify this process further by selling headstones and mausoleums directly to parishioners shopping for a plot at one of its 11 cemeteries. This was convenient for mourners and provided a handy income for the church. The problem, the archdiocese would soon learn, is that this was someone else’s turf.
Within months of the archdiocese’s first headstone sales, the Monument Builders Association of New Jersey, a trade group, sued the church, alleging foul play. The association lost its battle in court—the church was not doing anything illegal—so took its case to New Jersey’s legislature. The lobbying paid off: in March Governor Chris Christie signed into law a ban on religious cemeteries operating funeral homes or selling memorials or mausoleums. The law, which takes effect next year, applies to any religious cemetery, but it was crafted to curb the Newark archdiocese’s sudden burst of funerary entrepreneurialism.
http://www.economist.com/news/united-states/21659737-tussle-over-headstones-new-jersey-may-end-up-supreme-court-grave-business
Two groups of Richie poos fighting over the caviar. They can both go jump in a lake.
The Fed is like a tie.
You can wear a bright red blinking tie with a naked lady on it to a job interview. The tie will prevent you from getting the job.
However, a professional blue tie will not get you the job.
The Fed can screw things up, but that doesn’t mean it can fix them. As I think they’re finding out.
No, the Fed is like a giant fraud syndicate working hand in glove with the Vampire Squid, Goldman Sachs.
Obama on Climate Change: Act Now or Condemn World to a Nightmare
by Halimah Abdullah and M. Alex Johnson
Sep 1 2015, 7:06 am ET
Obama Urges Action on Climate Change 2:32
President Barack Obama challenged fellow world leaders in unusually blunt language Monday to act boldly on climate change or “condemn our children to a world they will no longer have the capacity to repair.”
———————————————————————————
Nobel Prize-Winning Scientist Says Obama Is ‘Dead Wrong’ On Global Warming
Photo of Michael Bastasch
Michael Bastasch
11:27 AM 07/07/2015
In 2008, Dr. Ivar Giaever joined over 70 Nobel Science Laureates in endorsing Barack Obama for president, but seven years later the Nobel Prize winner now stands against the president on global warming.
“I would say that basically global warming is a non-problem,” Giaever, who won the Nobel for physics in 1973, told an audience at the Lindau Nobel Laureate meeting earlier this month.
Giaever ridiculed Obama for stating that “no challenge poses a greater threat to future generations than climate change.” The physicist called it a “ridiculous statement” and that Obama “gets bad advice” when it comes to global warming.
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“I say this to Obama: Excuse me, Mr. President, but you’re wrong. Dead wrong,” Giaever said.
Giaever was a professor at Rensselaer Polytechnic Institute’s School of Engineering and School of Science and received the Nobel Prize for physics for his work on quantum tunneling. Giaever said he was “horrified” about the science surrounding global warming when he conducted research on the subject in 2012.
Ironically, just four years earlier he signed a letter with more than 70 other Nobel winners saying the “country urgently needs a visionary leader” and that “Senator Barack Obama is such a leader, and we urge you to join us in supporting him.”
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But by 2011, Giaever left the American Physical Society because it officially stated that “the evidence is incontrovertible … [g]lobal warming is occurring.” The Society also pushed for reducing greenhouse gas emissions.
“Global warming really has become a new religion,” Giaever said. “Because you cannot discuss it. It’s not proper. It is like the Catholic Church.”
Read more: http://dailycaller.com/2015/07/07/nobel-prize-winning-scientist-says-obama-is-dead-wrong-on-global-warming/#ixzz3kUMaCQ8P
Yet another Obama Zombie with buyers’ remorse. Most are too stupid to admit they were sold a bill of goods.
Yes, science. Like the science that says you are supposed to drink 8 glasses of water a day. Oh wait, …
http://www.nytimes.com/2015/08/25/upshot/no-you-do-not-have-to-drink-8-glasses-of-water-a-day.html?_r=0
My MD told me the water equation is just common sense. For every pound you weight, and activity level=how much water you need to replace, especially in hot weather. It’s in the details as usual.
However, what about other scientists? Can Americans really risk the financial costs of overreacting to something that could be a hoax? According to the Yale Project on Climate Change Communication, a study found that 97 percent of climate scientists agreed that climate change is happening and that it is caused by human beings.
What is most alarming about the Yale Project’s findings is the peculiar discrepancy between the vast scientific consensus and the views of the average American: “Despite nearly unanimous agreement among climate scientists that the Earth’s climate is warming due to fossil fuel burning and other human causes, only 42 percent of Americans believe that most scientists think global warming is happening.” Also, one-third of Americans believe that “There is a lot of disagreement among scientists about whether or not global warming is happening. ”
‘97% Of Climate Scientists Agree’ Is 100% Wrong
Alex Epstein ,
Contributor
Jan 6, 2015 @ 2:12 PM
If you’ve ever expressed the least bit of skepticism about environmentalist calls for making the vast majority of fossil fuel use illegal, you’ve probably heard the smug response: “97% of climate scientists agree with climate change” — which always carries the implication: Who are you to challenge them?
The answer is: you are a thinking, independent individual–and you don’t go by polls, let alone second-hand accounts of polls; you go by facts, logic and explanation.
Here are two questions to ask anyone who pulls the 97% trick.
1. What exactly do the climate scientists agree on?
Usually, the person will have a very vague answer like “climate change is real.”
Which raises the question: What is that supposed to mean? That climate changes? That we have some impact? That we have a large impact? That we have a catastrophically large impact? That we have such a catastrophic impact that we shouldn’t use fossil fuels?
What you’ll find is that people don’t want to define what 97% agree on–because there is nothing remotely in the literature saying 97% agree we should ban most fossil fuel use.
It’s likely that 97% of people making the 97% claim have absolutely no idea where that number comes from.
If you look at the literature, the specific meaning of the 97% claim is: 97 percent of climate scientists agree that there is a global warming trend and that human beings are the main cause–that is, that we are over 50% responsible. The warming is a whopping 0.8 degrees over the past 150 years, a warming that has tapered off to essentially nothing in the last decade and a half.
Bottom line: What the 97% of climate scientists allegedly agree on is very mild and in no way justifies restricting the energy that billions need.
But it gets even worse. Because it turns out that 97% didn’t even say that.
http://www.forbes.com/…/2015/01/06/97-of-climate-scientists-agree-is-100-wrong/ - 103k -
LOL! Ya found 1 kook to support your faith over science.
If you like your Warming you can keep your Warming, period.
Have another glass.
Gulp gulp gulp gulp
“Lack of transparency is a huge political advantage. And basically, call it the ’stupidity of the American voter’ or whatever, but basically that was really, really critical to getting the thing to pass.”
Economist Jonathan Gruber, one of the Obama administration’s consultants on the Affordable Care Act
Bill Nye (a Cornell ME) is in the Global Warming Camp. Nye has patents through Boeing on the 747 technology before his career change. I’ll believe him and Neil DeGrasse Tyson, thank you very much.
Congress Should Listen to Stephen Hawking, Not Ted Cruz, on Climate Change
According to the Pew Research Center, just 14 percent of Republicans view global warming as a top priority. In addition, only 24 percent of Republicans view human activity as the cause for global warming. As for the views of certain GOP leaders, Sen. Ted Cruz (R-TX) made the following quip during a freezing winter: “It’s cold. Al Gore told me this wouldn’t happen.”
Echoing Cruz, Sen. Jim Inhofe (R-OK) wondered why Senate Democrats spent all night discussing climate change “during the cold spell that hasn’t been much fun in Oklahoma.” Inhofe also added that, “Maybe if you keep saying it’s real, people will believe it.” The statements of these GOP weathermen, as well as the views of most other Republicans, lead to the following question:
Should the U.S. create environmental laws based on the remarks of Sen. Cruz or scientists like Stephen Hawking?
Unlike Cruz and Inhofe, world renowned physicist Stephen Hawking has likened the dangers of climate change to nuclear war. In a 2007 speech in London to the Royal Society, Hawking made it very clear that scientists must warn lawmakers of climate change.
with you leftists in charge there won’t be enough prosperity to do anything about ‘global warming’ even if it were a valid issue.
btw, you libs call it ‘climate change’ because you can’t prove and don’t know if the climate is warming or cooling. you want to have it both ways so you’re covered. ‘climate change’ has been happening since shortly after the earth was formed. so your ‘climate change’ means nothing.
MIT’s Dr. Richard Lindzen defeats warmist opponents in rare debate
MIT Professor of Atmospheric Science Dr. Richard Lindzen was recently featured in a recommended debate at the Oxford Union broadcast by Al Jazeera. Dr. Lindzen defeats his hysterical opponents with calm logic and scientific reasoning, including the ‘moderator’ Mehdi Hasan, pie-throwing activist Mark Lynas, and warmist Myles Allen. Also included is journalist David Rose, author of skeptical articles published in the Daily Mail. Dr. Lindzen [and ironically even his warmist opponents] dismiss the notion of a 97% scientific ‘consensus’ or IPCC ‘consensus’. It is one of the very few debates in existence in which an eminent scholar & skeptic is allowed to express his views without biased editing and is well worth the 46 minute viewing time.
the hockeyschtick
http://hockeyschtick.blogspot.com/2013/08/mits-dr-richard-lindzen-defeats-warmist.html
and as for hawking, he studied physics and particularly black holes for most of his life. yet he was wrong for a long time about black holes and he has admitted it.
i guess because he’s an expert in physics he supposes he’s an expert everywhere else. i hope his track record for being right is better than his track record of expertise, but i doubt that it will be.
there is no question of his high intellect. but even people with high intellects can at times be a fool.
and your other guy, bill nye ‘the science guy’ was made a fool on national tv by richard lindzen, the mit climatologist professor.
i’ve heard since then he’s offered to debate anyone on global warming, but strangely there haven’t been many takers as they were all defeated.
but that doesn’t stop the left. they can always call him names and say he’s full of crap. of course they can never back it up..
lol at tj, he thinks he knows more than 97% of the scientist studying the matter.
A fool indeed, stepping over a dollar to save a penny.
Dr. Lindzen [and ironically even his warmist opponents] dismiss the notion of a 97% scientific ‘consensus’ or IPCC ‘consensus’.
can’t read, can you, moron?
from your other post above..
“According to the Yale Project on Climate Change Communication, a study found that 97 percent of climate scientists agreed that climate change is happening and that it is caused by human beings.”
from my post..
Dr. Lindzen [and ironically even his warmist opponents] dismiss the notion of a 97% scientific ‘consensus’ or IPCC ‘consensus’.
in other words the 97% is bogus, and you’re posting lies.
“According to the Yale Project on Climate Change Communication, a study found that 97 percent of climate scientists agreed that climate change is happening and that it is caused by human beings.”
http://environment.yale.edu/climate-communication/
read son, read. Don’t just go with your “gut” as bid as it may be.
even your warmist authorities disagree with that bogus claim.
the disagreement is that there anywhere near 97% consensus. you’re posting lies made up by yale.
I agree, Yale has produced some cruaaap in the past.
Do you know what the cost is if we do nothing?
More consensus to help educate you:
http://climate.nasa.gov/scientific-consensus/
so you finally agree that the 97% you posted is crap. ok..
what is the cost of doing something expensive, when the correct call may well be doing nothing?
how do you know that the warming won’t increase rainfall in more areas of the world making it more lush? how do you know that growing areas won’t increase with slightly warmer temps to make longer and better growing seasons? how do you know that food production won’t increase with a warmer climate?
how do you know that all things considered we won’t be better off with a warmer climate?
if yale posts craaap, why do you listen to them? why do you quote them? why do you post their craaap here?
Yale “produced” crap… Bush
i see it went over your head
more trite bs from you.
i don’t care if you got their ‘produced’ crap from posts you read or if it was spoon fed to you.
you’re a pathetic fool.
Witness the rage of the closet liberal!
Witness the backpedalling of lieberals.
someone claimed that volcanoes have a cooling effect on weather. the issue was co2. here’s the response.
click on the link and see the graph that shows that when co2 increases it has less warming effect.
====
http://www.siliconinvestor.com/readmsg.aspx?msgid=30213315
Volcanoes were more active during the dinosaur era. Was it cooler then? Soot precipitates out the air rather quickly unless it penetrates the stratosphere, while the massive amounts of CO2 and methane emitted by volcano linger for years. None of it matters, since CO2 beyond 250 ppm doesn’t really do anything. It’s logarithmic…the IPCC says so.
Look at they bottom of the page in the link below, it shows the change in forcing associated with CO2 is a logarithmic (base-e) function. Of course, the coefficients decrease with every release of the IPCC…which show that the climate sensitivity published by Lindzen and Choi in 2009 is correct and verifies the plot below.
global warming or climate change is just another leftist power and money grab.
r u sure about that?
http://www.taxpayer.net/library/article/big-oil-rakes-in-added-billions-while-taxpayer-subsidies-continue-2013-thir
Oil Industry Spends More than $300,000 per Day on Lobbying
know your team
you think leftists don’t run big businesses?
corruption is leftist’s calling card.
and yeah, i’m sure of it.
Did the vulture funds that were suing Argentina just get stiffed?
http://www.courthousenews.com/2015/08/31/reversal-for-argentina-bank-in-holdout-bonds-dispute.htm
Will sinking oil prices due to dwindling demand - unemployed people don’t drive in our Obama-Fed-Goldman Sachs “recovery” - end up bringing down the TBTF banks?
http://investmentresearchdynamics.com/the-economics-of-a-crash-alasdair-macleod/
rapidly.depreciating.houses
Greenville SC ,Two kids died .Looks like Mom tried to cut across an empty filling station lot to beat a turn signal ,to save a minute…..I see that all the time ,crazy driving…She ended up in a bank lobby,lucky it was last sunday morning,Bank was closed . Nobody wants to work in a fire gutted lobby of a bank building,so they are demolishing the Whole bank building….
Stupid people behind the wheel are a public safety issue. Stupid people in the voting booth bring us to where we are today.
” Stupid people in the voting booth bring us to where we are today.”
It is such people who hallucinate the Maos, Hitlers, and Stalins to positions of power. I’m scared of the voters who do that. I’m not scared of the nuts that want to become president. The voters in fact are more frightening this time than four years ago when at least Ron Paul was all the excitement. Now the Fascist Trump and Stalinist Sanders are getting voters giddy and excited.
Stupid people in the voting booth bring us to where we are today ??
Yep…circa 2000 & 2004….
And 2008 and 2012.
1988, 1992, 1996, 2000, 2004, 2008, and 2012. And 2016 looks like 1932. Statism versus statism.
1992, 1996 ??
No wars growth & surplus…Yeah…That was a terrible time…Please bring it back…
Um, yeah, under the same president that declared: “the Glass–Steagall law is no longer appropriate.”
We all know how well that worked out . . .
“Now the Fascist Trump and Stalinist Sanders”
Fascist and Stalinist. Lol, I mean, really. You know it’s bad when one of the seemingly more intelligent posters on this blog starts spewing over the top stuff like that about the two candidates.
However, it’s not so much the fact that anyone applies these crazy labels to these guys, what really scares folks is that people might believe them.
I guess people love a good label.
Reversing The Glass–Steagall Act was an act of deep pocket lobbyist, and the whores who are their puppets. And people still vote? Yep, addicted to hope-ium.
Clownton had no wars? Bosnia.
And Haiti. Definitely to put his stooge in power.
under the same president that declared: “the Glass–Steagall law is no longer appropriate.” ??
Bill is not stupid…Sometimes in politics you go along to get along…Check out the trio that proposed the repeal….Sen. Phil Gramm (R, Texas), Rep. Jim Leach (R, Iowa), and Rep. Thomas J. Bliley, Jr. (R, Virginia), the co-sponsors of the Gramm–Leach–Bliley Act..
A veto would have been easily overturned…
Senate; 90 Yes 8 No’s
House; 362 Yes 57 No’s
Clownton had no wars? Bosnia ??
Your sounding like HA…Make things up as you go…Show me data that Clinton started the war in Bosnia…The fact that NATO was involved makes it Clinton’s war…Nice try Bill…
Clinton…. The Middle Class Destroying NAFTA President.
Clintoon is a fraud. Like most LIEberals.
NAFTA was Bush 1. we have gone over this.
Here he is my friend. Bile Clintoon signing NAFTA. In color.
https://en.wikipedia.org/wiki/File:Remarks_on_the_Signing_of_NAFTA_(12-8-93,_WJC).ogg
1992, 1996. Yeah, that was horrific. /sarc
Reasonable housing prices, even keeled interest rates, gov’t surplus, reasonable temperatures and precip. Cable TV was a bargain. I still drive a ‘96 Camry so I can be nostalgic.
NAFTA info -…again crafted by none other than….
Following diplomatic negotiations dating back to 1990 among the three nations, U.S. President George H. W. Bush, Canadian Prime Minister Brian Mulroney and Mexican President Carlos Salinas, each responsible for spearheading and promoting the agreement, ceremonially signed the agreement in their respective capitals on December 17, 1992.[5] The signed agreement then needed to be ratified by each nation’s legislative or parliamentary branch.
After much consideration and emotional discussion, the House of Representatives passed the North American Free Trade Agreement Implementation Act on November 17, 1993, 234-200. The agreement’s supporters included 132 Republicans and 102 Democrats. The bill passed the Senate on November 20, 1993, 61-38.[6] Senate supporters were 34 Republicans and 27 Democrats. Clinton signed it into law on December 8, 1993; the agreement went into effect on January 1, 1994.[7][8] Clinton, while signing the NAFTA bill, stated that “NAFTA means jobs. American jobs, and good-paying American jobs. If I didn’t believe that, I wouldn’t support this agreement.”[9]
I graduated in 94. Good times!!
That explains much kiddo.
It says Clinton signed it into law. Ahahahahahahhahahahaha
CoreLogic report: Dallas still tops for home price gains
Home prices in Dallas were up 9.3 percent from July 2014 levels. U.S. prices rose 6.9 percent in the same period.
Houston was in second place on the list of top home price gainers. Even plunging oil prices haven’t caused Houston-area housing prices to slump.
http://bizbeatblog.dallasnews.com/2015/09/corelogic-report-dallas-still-tops-for-home-price-gains.html/
Are you sure?
Plano, TX Housing Prices Plummet 10% On Falling Oil Prices
http://www.movoto.com/plano-tx/market-trends/
I see a lot of this in Dallas right now, in-fill development.
It’ll be interesting to see how many of these sell. While the lots are in the city of Dallas, they are in Richardson ISD which is a smaller, much better school district than Dallas ISD. DISD is pretty terrible.
These are row homes basically. From the $400’s…that amount will buy a lot of house in Dallas. I guess people like new things though.
http://www.davidweekleyhomes.com/new-homes/tx/dallas-ft-worth/dallas/villas-of-lake-highlands
Firstly, the euphemism “Villa” is just getting old. Come on BIA, time to reinvent zero lot size zoning or attached home. When I think of a Villa, Pit or Clooney’s Italian getaways come to mind, not some fancy closet. Geez.
“If you have to borrow for 15 or 30 years, you can’t afford it nor is it affordable.”
Exactly.
Update: Dow Craters 350+ Points
http://www.marketwatch.com/investing/index/DJIA
‘Tis a mere flesh wound.
Yeltsin’s preparing your CraterTaters…. she’s got all the fixin’s.
Subprime sour cream?
Build it and they will come bacon bits?
Mo Credik mushrooms?
Poor, poor kraterin’ stocks. The moar you buy the moar they krater.
Indeed…. just like houses.
Worthless housing…. worthless worthless housing. Housing is worth less and less with each passing day.
Arlington, TX Housing Prices Crater 10% YoY
http://www.movoto.com/arlington-tx/market-trends/
Hey RAL/exe, question for you regarding this exchange from just over a week ago:
I see that you linked to the Census as the data-source for your 25-million empty houses claim; but could you be a little more specific? I did browse through the (MANY!) source data pages linked from that page that you sent, and I was unable to find 25 million total there myself.
Could you be a bit more specific about where you found or computed that total?
Thanks…
Comment by Jingle Male
2015-08-24 17:32:08
I love math. I make my living using math every day. That is how I know your 25 million empty houses doesn’t add up!
Comment by Mafia Blocks
2015-08-24 17:33:43
Data my friend…. data.
https://www.census.gov/housing/hvs/data/histtabs.html
Could you be a bit more specific ??
LOL….You can’t be specific when its mindless BS….
+1000
He won’t get specific because the data typically doesn’t support his position.
It’s all there my friend. Data.
San Diego, CA Housing Prices Sink 10% YoY
http://www.zillow.com/san-diego-ca-92109/home-values/
Data from the same, tired, bogus sources, as per usual . . .
Data my friend. Stick with the data.
Seattle, WA Housing Prices Dive 5% YoY
Buy MOAR!!!!
Dow - 415.36, and picking up speed.
Weeeeeeeee!!!!
Are you getting nervous about all the Death Crosses showing up almost everywhere on stock charts from around the planet?
‘Death cross’ patterns spread to all corners of the stock market
Published: Sept 1, 2015 1:37 p.m. ET
Russell 2000 can’t hide from the death cross epidemic
‘Death cross’ now infects charts of small-, mid- and large-cap indexes
By Tomi Kilgore
Reporter
“Death cross” patterns continue to spread through the stock market like an epidemic, even infecting market segments believed to be more insulated from overseas turmoil.
The Russell 2000 index (RUT, -2.21%) of small-capitalization stocks became the latest victim among the major market indexes. The index’s 50-day moving average fell to 1,222.95 in midday trade Tuesday, crossing below the 200-day moving average (MA), which slipped to 1,224.11, according to FactSet.
…
“Downfall”…………the movie that keeps on giving.
http://tinyurl.com/q8qeob4
http://www.pensitoreview.com/2015/03/18/flashback-rove-erases-22-million-white-house-emails-on-private-server-at-height-of-u-s-attorney-scandal-media-yawns/
Never mind that former Secretary of State Colin Powell, a Republican, has said he used a system similar to Clinton’s — and never mind that in 2007 Karl Rove deleted 22 million emails from a private server in the Bush White House — a matter about which the Beltway media said little and Republicans in Congress, like Rep. John Boehner, said nothing.
PAR FOR THE COURSE, it seems.
Rove was not Secretary of State.
Powell was SOS well before cyber-terrorism became so prevalent (started his tenure in 2001).
Regardless of legality, given the world in which we live (hackers from China/Russia trying to get into everything), what Clinton did shows either ignorance of the world in which we live, arrogance, and/or recklessness.
I am no fan of Hillary, but even less a fan of hypocrites.
Vice President Dick Cheney’s office destroyed its emails, in violation of the requirements of the federal records act and potentially criminal law.
The most persistent themes are the outing of Valerie Plame and Cheney’s secret dealings with a group of oil and gas executives who were directly influencing national energy policy. The Empty Wheel has some excellent analysis of these points.
In 2001, the White House was still using Lotus Notes. Just for technological perspective–lots has changed in the prior 10+ years.
Look, I’m no fan of Dick Cheney. I think he’s more responsible for Iraq than Bush. The dude is a warmongering SOB and probably lives in an undisclosed location to this day. And I’m not going to excuse any underhanded sh*t he did. If he were running for president (the highest position in the country), he should be publicly dragged through the mud and made to answer for it all.
There has been ample time for Clinton to become aware of the sensitivity of e-mail records. IMHO, this is precisely why she kept control of her e-mails–she wanted to control the information to the greatest extent possible.
And that is what makes people angry. She went out of her way to maintain complete control over her e-mail. And in doing so, she ended up with classified information on a private server. Arrogant and reckless.
My wife works for a big tech company. The sh*t they know about how she utilizes her corporate credentials is scary…and they are just talking about losing profit if information is leaked. If she mishandled corporate information, she would be fired in an instant. If she decided to use a personal e-mail server for corporate use, she would be fired immediately.
And she would be ineligible for re-hire.
Don’t you think the Secretary of State should be held to a similar standard? And if not, why not?
Two wrongs make a right.
Those other guys did it too.
At this point what does it even matter, Lola.
either ignorance of the world in which we live, arrogance, and/or recklessness ??
She’s not ignorant thats for sure…Reckless ?? No…Calculating maybe…Arrogant ?? Maybe a bit…
If this takes her down and she doesn’t get the nomination you’ll be blaming her for years for her arrogant destruction of the democratic party dave.
Basically another “Rules are for the little people” moment.
Of course, one could make the case that you don’t need to have a secure server with these pukes, because you already know that they are going to do the bidding of their real bosses. If you are going to hack anyone, hack them……..especially since the penalties for doing so are small, compared to hacking a government server or account.
It mystifies me why Billary is considered a frontrunner. Especially when you should have no illusions as to what you are buying:
-Pretend to be the champion of the peons, at least until the election is over. Then do the exact opposite.
-Re-hang the “Open For Business” sign for the scumbag Wall Streeters and MNCs, while.
-Ignoring the laws that (in their opinion) don’t apply to them.
-Because they are arguably even more unlikable, let the Republicans distract the peons with continuous investigations that never seem to go anywhere.
And if that doesn’t work to keep the wretched refuse distracted? If/when John Law starts getting somewhere…..
-Fabricate a new terrorist threat.
-Then launch some drones or cruise missiles at them in their mud huts, to show how tough you are.
http://www.city-data.com/forum/economics/2439468-economy-better-than-ever.html
Today’s ticker from UBS - Yikes!!!!
dow off over 500 and the blood letting continues.
I read that even LaGarde (IMF) is wondering……Global growth likely weaker than expected-IMF’s Lagarde
Open $16,528.03
Previous Day’s Close $16,528.03
Dividend Last –
Dividend –
Dividend Yield –
Dividend Ex-Date –
Dividend Pay Date –
Day Range
$15,979.95$16,528.034pm9:30am
52 Week Range
$15,370.33$18,351.36
DOW, DOW, DOWN it goes…
Set your buy limits and let the stocks come to you. Let’s figure a possible 50% sell-off drop in prices down the road. A lot of good companies will be thrown out with the bathwater.
buy when sh@t hits the fan.
Which may be 14, 10, 8 and maybe all the way down to 5K????
15k is just the beginning. We are going back under 10k.
Yeah, as I watch the downward trend I kiss my cash with each passing 1K mark! I hate paying retail!
Guys - before it gets moved along you gotta see the gear these cops are dolled up in - they know something we don’t. This gear is full on military grade cammo……
http://www.chicagotribune.com/
At Ben Jones;
This ain’t looking good for Houston (I think we have a problem)
Conoco Phillips cutting more workers…..
http://wwwtheworldandeverythinginit.blogspot.com/2015/09/conocophillips-to-cut-global-workforce.html
uncle fed has your back.
Kate Steinle’s Parents Plan to File Legal Claims Against San Francisco, federal officials in pier shooting death
Man who killed daughter was released when the charges were dropped because of the city’s “sanctuary laws”
by Rachelle Blidner | New York Daily News | September 1, 2015
Kate Steinle’s parents plan to file legal claims against San Francisco and federal officials in connection to their daughter’s death, which sparked fierce debate about immigration policy.
A representative for Jim Steinle and Liz Sullivan announced their intention Monday to file a claim against San Francisco Sheriff Ross Mirkarimi, the Bureau of Land Management and Immigration and Customs Enforcement. They’re set to reveal details in a press conference Tuesday.
Kate Steinle was shot to death while going on a stroll with her dad at Pier 14 on July 1.
Her alleged murderer, Juan Francisco Lopez-Sanchez, a 45-year-old Mexican national, had been deported five times for multiple felonies. He had been held in a San Francisco jail in April and released when the charges were dropped because of the city’s “sanctuary laws.”
It’s too bad these complicit officials can’t be held personally, criminally liable for their actions. For that matter, it’s too bad the stupid lib-tards who elected them can’t be included in the lawsuit.
Sheriff Ross Mirkarimi, is from St. Louis University. went to Catholic School. Green Party
He supported Green Party candidate Krissy Keefer over Nancy Pelosi in the 2006 congressional election. “Why,” he asked in regard to supporting Pelosi, “do we decide to support the lesser of two evils or the evil of two lessers…the level of mediocrity being dished out by the Republicans and Democrats?”[15]
Another American company screwing over its workers and off-shoring more middle-class jobs. Gotta create that “shareholder value” and obscene pay for CEOs. Hope ‘n change, ‘Murica!
http://www.businessinsider.com/hp-workers-unhappy-with-layoff-ultimatum-2015-9
I prefer Brother. Let em close it down. Free market and all….
“Since the layoffs started, employees have been constantly worried. Those of us still here are working many hours to make up for those who have been let go. When they do offshore a position, those of us working with them have to spoon-feed them,” this person told us.
I’m seeing a similar trend at the gov/utility offices that we service; retirements have greatly outpaced hiring. Some well-off employees are resigning… tired of the games.
Billionaires for Bernie:
Steve Wozniak, the man who co-founded Apple with Steve Jobs and Ronald Wayne, appeared to tweet his support for presidential candidate Bernie Sanders early Tuesday.
“Down on Republicans and Democrats,” Woz wrote. “#Bernie2016 #FeelTheBern.”
yeah, big business men aren’t leftists, are they? nooo, they’re all evil conservatives.
Lola 2.0
Poor Lola. lol.
“Woz wrote. “#Bernie2016 #FeelTheBern.”
From Wikipedia
“The clap” redirects here. For other uses, see Clap.
Gonorrhea, also known as gonnococcal infection, gonococcal urethritis, gonorrhoea and the clap,[1] is a sexually transmitted infection that is caused by the bacterium Neisseria gonorrhoeae. The usual symptoms in men are a burning sensation with urination and discharge from the penis.
“Steve Wozniak, the man who co-founded Apple with Steve Jobs and Ronald Wayne,”
All kind-hearted liberals right?
Inside Apple’s Chinese ’sweatshop’ factory where workers are paid just £1.12 per hour to produce iPhones and iPads for the West
By Rob Cooper
Apple have opened the doors to their Chinese ’sweatshop’ factories where employees are paid as little as £1.12 an hour.
Many of the staff perform monotonous tasks like wiping down screens or shaving aluminium from the edge of the Apple logo for ten tedious hours at a time.
And now the conditions inside the factory in Shenzhen - where 18 employees have killed themselves - can be seen, after ABC TV network were given exclusive access.
Suicide nets: This netting was installed at the Chinese factory two years ago after a spate of suicides
Read more: http://www.dailymail.co.uk/news/article-2103798/Revealed-Inside-Apples-Chinese-sweatshop-factory-workers-paid-just-1-12-hour.html#ixzz3kXxmZB00
Follow us: @MailOnline on Twitter | DailyMail on Facebook
Read more: http://www.dailymail.co.uk/news/article-2103798/Revealed-Inside-Apples-Chinese-sweatshop-factory-workers-paid-just-1-12-hour.html#ixzz3kXx0Flyd
Follow us: @MailOnline on Twitter | DailyMail on Facebook
Can America be saved from stupid people?
http://backwoodshome.com/articles2/duffy155.html
Any adventurous Chrome users out there? I’ve ported the JoshuaTree extension to Chrome (pretty much a re-write of the whole thing)
If you’re up for it, give it a try: version 0.3 via Google Drive
It’s not identical to the Firefox version — some improvements, and some simplifications. Hopefully it’s everything folks use and enjoy without a lot of the cruft.
To install, download the linked file, open a new tab in chrome and type “chrome://extensions” in the URL bar. Then drag the downloaded file onto that page.
“Continuing to protect Chrome users from malicious extensions”
http://blog.chromium.org/2015/05/continuing-to-protect-chrome-users-from.html
Since it didn’t come from Google Play it was disabled.
/sadtrombone. Guess I’ll need to shell out the $5 and make a graphic for it…
Did you try checking the ‘developer mode’ option on that page? I’ve only worked with it on a mac (no problems with our without developer mode), but I’ll give it a shot on Windows sometime today to try to figure it out.
Works for me on on Windows actually, if I follow the instructions above. Feel free to email me (use the contact address on the extension page linked on my name) and I’ll try to help get it working.
I got it to work on Chrome, and drumminj knows how “challenged” I can be ;-). I’ll stick to Firefox for now but it’s nice to have the option. As always thanks for your work.
Spoke to soon, closed Chrome and reopened and they disabled the Joshua Tree extension.