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Dow futures up:
http://money.cnn.com/data/premarket/
8 more days of placing your bets
“Dow futures up”
Suck ‘em in, shake ‘em out.
Just a couple of weeks ago the stock market was on its ass.
how long can the fed and buybucks keep this market in levitation mode? Does anyone really have any confidence in these prices?
Does anyone have any confidence in the financial system? The Fed, far from assuring honest money, is solely focused on pleasuring the Wall Street gamblers with ZIRP and QE-to-Infinity, while savers and those on fixed incomes are being forced to play in Wall Street’s rigged casino as the value of their savings and purchasing power of any paychecks they have coming in are relentlessly eroded by the Fed’s debasement of the currency.
This is not going to end well.
I don’t care if it ends well or ends badly, at this point I’d just like it to end.
Here’s one-year chart of the DJIA.
http://finviz.com/futures_charts.ashx?t=YM
Just a couple of weeks ago the stock market was on its ass ??
Get use to it…Program Buy & Sell orders with stop losses…Thats why we saw so much volatility leading up to Labor day weekend…Computers were running the show…
It’s probably weird of me, but I like the idea that emotion-free robots are driving the market through its current round of panic. It seems rather exciting!
Why only 8 more days?
Is that when they press the button?
Dow pasts DOWN.
I have been retired since January and am now living in Vietnam…I came here on a whim. I met a girl on VNCupid, (my first date,very feminine and treats me like a king, 30 years younger) and we have been together 24/7 ever since. During the acceleration of the war in VN, thanks to LBJ…the service guys would find a girl and call her his LBJ…Little Brown Jobbie.
In Saigon, there is much construction of new luxury multi-story mini-cities on the outskirts of town. A lot of these finished buildings have no lights on at night. I’m wondering who will buy these over-priced air-boxes, as the minimum wage is twenty-five cents an hour…less than $200/mo…much less than in China. These mini-cities are built on low lying swamps and will slowly sink as the concrete and asphalt covers them. Nowhere for the rain to go…exactly like New Orleans.
There is huge inflow of investment in this country, but unfortunately the lower class won’t see much improvement in their lives for quite a while I’m afraid. Some people are happy to work all day for two bowls of PHO (pronounced FA). But there ARE jobs and few beggars anywhere. In my opinion TPTB in the US will not be happy until their workers are on the same level.
A lot of building/remodel/infill in Saigon’s city center…in fact we have seen huge amounts of building in every city we have lived, including the whole coast of (S)Cambodia and half way up the coast of Vietnam, (in record time…eight months). Currently in Da Nang, China Beach area. We are looking for the perfect beach(es) to live…and buy a house(s)!
The furthest city south is Ca Mau and my g/f recently sold her mother’s house there…about 1000sf for $15K…there are no escrow companies and it’s difficult to do a deal. Forged deeds, forged signatures, scams and areas where the government plan to take the property…eminent domain. (but they do receive small compensation). Due diligence, a must.
Most people own their homes and pay cash…usually US dollars or gold. Only a few people can qualify for loans…I believe interest rates are around nine percent. A one year CD at the bank gets around 6 percent…but it’s not insured.
I have sold my three long-term (over 10yrs) rentals in the IE. Curiously I didn’t receive offers from the “IE real estate king” (or whatever he calls himself). These places cash flowed with 20 percent down. The last sale, I had to go to the embassy to get the deed notarized…100 bucks!!
I was tired of being a landlord and I am happy to say that I never have to step foot in Hemet, Wildomar or Riverside County for that matter, ever again.
property 1- sfr bought in 1990 for 136K
wildomar 2006 ‘worth’ 420K
2015 sold 290K
property 2- sfr bought in 2004 for 150K
hemet 2006 ‘worth’ 300K
2015 sold 138K
property 3- triplex bought in 2004 for 181K
hemet 2006 ‘worth’ 440K
2015 sold 245K
Anyway, I am quite happy in VN for now and would rather live in an ‘emerging’ (actually rapidly accelerating) country than a decaying, rapidly declining empire…and the people here are nice, innocent (for now) and not jaded or cynical in the least.
Oh, I hate to advertise this country but take a look at the COL comparison here:
http://www.numbeo.com/cost-of-living/compare_countries_result.jsp?country1=United+States&country2=Vietnam
Wonder how many aging, destitute former Viet Cong and NVA are looking around and thinking bitterly, THIS is not what I fought and sacrificed for.
“Anyway, I am quite happy in VN for now…”
A former eleven-bravo… I’m not a fan of the tropics. Sounds like you have a sweet deal there, but keep your boots dry.
I can understand how you got hitched to a Vietnamese gal. Southern California has a lot of them actually. One of them had the hots for me but was too shy to tell me. I heard it through the grapevine. She is very good looking but I knew enough that she’s a very high maintenance girl. And she is not kind at all, possibly because of shyness. She ended up marrying a rich young attorney. Now pregnant with her second kid.
yah bill i’ve had my share of ‘you buy me this? when we eat?’ Asian gals. mine was homeless living under a bridge by the river with 8 siblings for the first 15 years of her life. she doesn’t want or ask for anything except stability with an old man on a small pension.
Most depressing thing I’ve read all night.
holy crap, so depressing. but i appreciate the honest perspective. i’ve often joked about moving to pattaya if i’m ever old and single (please god, no). i do salute you for making the most of it and not suffering in the inland empire.
My last Asian girlfriend was from Hong Kong. She was all about “you buy me this” and “are you going to marry me?”
If went overseas for love, it would not be the third world. I like Irish girls with red hair, green eyes and large milky breasts.
Of course, most of them are not looking for an old sugar daddy.
“I like Irish girls with red hair, green eyes and large milky breasts.”
A Catholic friend in California who was successful early in life went on a blind date with a group. There he met an Irish gal with someone else that fits your description and had a strong brogue dialect. He ignored his date that evening mesmerized by the red head. Fast forward… they raised five successful children, remain deeply committed to each other and they’re debt free.
Sign me up! Do they have fast internet? How is the surf? Snorkeling? What would it cost to bring my motorcycle there from CA? YOLO!
charlie don’t surf !
you my friend would love it here.
Sounds like a hellish existence my friend.
don’t feck with me you funKY idiot living by the river in your your funky van
are we drowning in cheap chinese products? are we tired of buying stuff for entertainment yet?
Market is having a pavlovian response to its expectation that more helicopter money is on the way as the central bank race to debase continues.
http://www.reuters.com/article/2015/09/09/us-markets-global-idUSKCN0R900X20150909
Is endless ZIRP in the bag?
Stiglitz: Fed’s Zero-Rate Policy Boosts Inequality
By Pedro Nicolaci da Costa
CONNECT
Joseph Stiglitz, Nobel prize-winning economist and professor of economics at Columbia University, says the Fed’s aggressive monetary policies may have further boosted U.S. inequality.
SIMON DAWSON/BLOOMBERG NEWS
The Federal Reserve’s prolonged policies of near-zero interest rates and asset purchases have further widened the already large gap between the rich and poor in the United States, says Nobel prize-winning economist and Columbia University professor Joseph Stiglitz.
“Contrary to the presumption in the nineteenth century, where lower interest rates favored debtors over creditors and thus increased equality, we show that…lower interest rates may actually increase inequality,” Mr. Stiglitz, a long-time inequality scholar, argues in the fourth of a four-part working paper series published by the National Bureau of Economic Research.
…
“Is endless ZIRP in the bag?”
What else have they got?
Pretending they are going to end ZIRP, then not ending it, again and again and again.
Bush “Fool Me Once…”
A new counterfeiting spree, aka QE-to-Infinity.
Meanwhile, yields on the 30-year US Bond just hit 3%. Is liquidity drying up?
http://www.zerohedge.com/news/2015-09-09/30y-treasury-yield-bursts-above-300-6-week-highs
30-year US Bond just hit 3%. Is liquidity drying up ??
In the face of interest rates of all the other developed countries…No Way…Just investors getting out in front of the September rate increase…I think they are going to pull the trigger…Then the question becomes when’s the next one…
Project Syndicate
Opinion: Joseph Stiglitz: It’s a no-brainer to keep rates on hold
Published: September 8, 2015
Higher rates would slow the economy and hurt African-Americans and Hispanic Americans the most
Bloomberg
Janet Yellen, chairwoman of the Federal Reserve, walks past a protester as she arrives for the opening reception and dinner at the Jackson Hole economic symposium in August 2014. She skipped this year’s event.
By Joseph Stiglitz
At the end of every August, central bankers and financiers from around the world meet in Jackson Hole, Wyo., for the U.S. Federal Reserve’s economic symposium. This year, the participants were greeted by a large group of mostly young people, including many African- and Hispanic Americans.
The group was not there so much to protest as to inform. They wanted the assembled policy makers to know that their decisions affect ordinary people, not just the financiers who are worried about what inflation does to the value of their bonds or what interest-rate hikes might do to their stock portfolios. And their green T-shirts were emblazoned with the message that for these Americans, there has been no recovery.
Even now, seven years after the global financial crisis triggered the Great Recession, “official” unemployment among African-Americans is more than 9%. According to a broader (and more appropriate) definition, which includes part-time employees seeking full-time jobs and marginally employed workers, the unemployment rate for the United States as a whole is 10.3%. But, for African-Americans, especially the young, the rate is much higher. For example, for African-Americans aged 17-20 who have graduated high school but not enrolled in college, the unemployment rate is over 50%. The “jobs gap,” the difference between today’s employment and what it should be, is some 3 million.
With so many people out of work, downward pressure on wages is showing up in official statistics as well. So far this year, real wages for non-supervisory workers fell by nearly 0.5%. This is part of a long-term trend that explains why household incomes in the middle of the distribution are lower than they were a quarter-century ago.
Wage stagnation also helps to explain why statements from Fed officials that the economy has virtually returned to normal are met with derision. Perhaps that is true in the neighborhoods where the officials live. But as the bulk of the increase in incomes since the U.S. “recovery” began going to the top 1% of earners, it is not true for most communities. The young people at Jackson Hole, representing a national movement called, naturally, “Fed Up,” could attest to that.
There is strong evidence that economies perform better with a tight labor market and, as the International Monetary Fund has shown, lower inequality (and the former typically leads to the latter). Of course, the financiers and corporate executives who pay $1,000 to attend the Jackson Hole meeting see things differently: Low wages mean high profits, and low interest rates mean high stock prices.
The Fed has a dual mandate: to promote full employment and price stability. It has been more than successful at the second, partly because it has been less than successful at the first. So why will policy makers be considering an interest-rate hike at the Fed’s September meeting?
…
There is zero possibility of a rate rise. The Fed knows any such hike will implode its Ponzi markets. That will not be allowed to happen, period.
Trying to process Stiglitz’s point.
- ZIRP is bad for equality.
- But ending ZIRP wiuld be bad for African American jobs.
What’s the Fed to do?
Stiglitz probably would call for low rates coupled with demand-side stimulus. Otherwise it’s just pushing on a string , right?
The music slows and hundreds of disposable lighters illuminate the audience like so many sequins on a vest.
You’re once, twice
Five times Deported
And I love you
I love you
Captured: Convicted Burglar Deported 5 Times, Back in Texas
by Ildefonso Ortiz8 Sep 2015
Oleague Martinez had been last deported in November through Del Rio, Texas, after serving a 42 month prison sentence for being entering the country illegally while having a prior felony conviction, the criminal complaint filed by U.S. Border Patrol agents revealed.
State court records, from the border county of Hidalgo, revealed that in addition to multiple immigration violations since 1985, Oleague Martinez has been convicted on five different charges connected to burglaries of homes and businesses and a separate charge for burglarizing a car.
http://www.breitbart.com/…/08/captured-convicted-burglar-deported-5-times-back-in-texas/ - 72k -
Why are mayors of sanctuary cities not in jail for failure to uphold the law?
Or do we only do that if it furthers a left wing agenda?
There is no “law” they are failing to uphold. The solution is cutting off all federal dollars if they choose to release deportable criminals to the street rather than to INS.
Title 8, U.S.C. § 1324(a) defines several distinct offenses related to aliens. Subsection 1324(a)(1)(i)-(v) prohibits alien smuggling, domestic transportation of unauthorized aliens, concealing or harboring unauthorized aliens, encouraging or inducing unauthorized aliens to enter the United States, and engaging in a conspiracy or aiding and abetting any of the preceding acts.
Subsection 1324(a)(2) prohibits bringing or attempting to bring unauthorized aliens to the United States in any manner whatsoever, even at a designated port of entry.
Penalties — The basic statutory maximum penalty for violating 8 U.S.C. § 1324(a)(1)(i) and (v)(I) (alien smuggling and conspiracy) is a fine under title 18, imprisonment for not more than 10 years, or both. With regard to violations of 8 U.S.C. § 1324(a)(1)(ii)-(iv) and (v)(ii), domestic transportation, harboring, encouraging/inducing, or aiding/abetting, the basic statutory maximum term of imprisonment is 5 years, unless the offense was committed for commercial advantage or private financial gain, in which case the maximum term of imprisonment is 10 years. In addition, significant enhanced penalties are provided for in violations of 8 U.S.C. § 1324(a)(1) involving serious bodily injury or placing life in jeopardy.
———-
Now, what LAW did Kim Davis violate and get put in JAIL for?
Now, what LAW did Kim Davis violate and get put in JAIL for?
Contempt of court. She was not “put” in jail, she CHOSE jail. The judge told her she could avoid jail if she agreed to let her subordinates sign off on the certificates. She refused to delegate. This is where she crossed the line from personal conscientious objection into using her government position to shove her beliefs down everybody’s throat. “Religious Freedom” is another word for tyranny.
I will repeat myself.
What LAW did Kim Davis violate and get put in JAIL for?
And why are not mayors of sanctuary cities not in jail?
Hint:
It has nothing to do with the law and EVERYTHING to do with enforcing a leftist political doctrine.
What LAW did Kim Davis violate and get put in JAIL for?
Your point makes no sense — you can go to jail for violating a law OR by violating a court order. Disobeying the Supreme Court as a government official is just as stupid and punishable as violating a law.
And why are not mayors of sanctuary cities not in jail?
Because no law or court order has been broken:
http://mediamatters.org/research/2015/07/07/fox-news-falsely-claims-sanctuary-cities-violat/204286
It has nothing to do with the law and EVERYTHING to do with enforcing a leftist political doctrine ??
You neocons crack me up…Such a hypocritical bunch…You were all about the citizens united ruling…Yeah !!! First Amendment Rights !!!! Not a peep about leftist courts on that one eh ??
Disobeying the Supreme Court as a government official is just as stupid and punishable as violating a law
So the Supreme Court is now the judiciary. legislative and executive branch?
Do you even hear yourself?
And can you imagine what you would be saying if this was NOT a leftist political ruling?
So the Supreme Court is now the judiciary. legislative and executive branch? Do you even hear yourself?
A conservative Court struck down state anti-SSM laws. This action was completely within the realm of the Constitution, which you claim to love and uphold.
WPA - thanks for educating the uninformed.
But their belief that the GOP will give them less gov and less spending is like a religion to them. They are in deep.
Thanks Perry.
Keep an eye on Spain, which could derail the fraudulent Eurozone “recovery.”
http://wolfstreet.com/2015/09/08/investors-get-jittery-as-spain-enters-whole-new-world-of-pain/
And Italy….
Drudge Report leads with a Times of Israel article titled “Khamenei: Israel won’t survive next 25 years” and some additional links under that:
Warships confront American Navy on ‘daily basis’
Huge Russian military planes land in Syria
Pentagon moves to block buildup
Cheney blasts ‘madness’
These neocons are really scraping the bottom of the barrel when they have to wheel out Cheney for a quote. American taxpayers and voters need to ask themselves who profits the most from this next neocon war? And yet another reminder, if any of you have some children or grandchildren, and I don’t care if they’re as young as 12, that want to put their boots on the ground in a multi-front war in Iran, Syria, Iraq, Russia, please let me know and I will give them a ride to the airport today.
Don’t agree to a bad deal.
Follow the US Constitution and vote on it like a treaty.
Keep santions in place.
No rides to the airport will be needed.
Christian = Jesus.
Christian Zionist = bloodlust apocalyptic death cult.
Know the difference.
How long before goldbugs and opponents of the Fed are labeled “financial terrorists”?
http://debka.com/article/24851/ISIS-declares-war-on-the-US-dollar-with-the-“gold-dinar”
+1
You buy gold bullion for cash and hide it. Prove to me that gold coins have electronic gps planted in them.
It’s getting closer to my gold buying time, by the way.
FoxNewsHate leads with “On the ground: Russia admits having military presence in Syria”
It won’t be William Kristol’s children and grandchildren fighting and dying for this. It will be your children and grandchildren fighting and dying for this.
According to Wikipedia, an estimated 50 to 80 million peopled died in World War II. This next neocon war needs to do better than that, this is America dammit. If 500,000,000+ need to die just to help William Kristol get richer faster, than so be it. Just keep clicking those Drudge links, you’re a bunch of cattle being led up the slaughterhouse chute to the killing floor.
See also: the Weekly Standard, the Washington Times, the Washington Examiner, the Blaze, Breitbart, World Net Daily, all of which are allegedly “conservative” news sites, but advocate the next neocon war.
The national debt is now over 18 trillion dollars. If you want “smaller government” and “lower taxes” stop launching new neocon wars.
The window lickers and mouth breathers are rallying in Washington DC today against the Iran deal. Why don’t these @ssholes put their money where their mouth is and take their entire family to the airport today and personally lead the front line ground invasion.
And there is no response from the left except “rides to the airport”
—————–
Spitting on the Constitution to pass the Iran deal
NY Post | September 8, 2015 | John Podhoretz
It’s rare for people to celebrate getting 41 percent of anything. If you score 41 percent on a test, you get an F. If you win 41 percent of the vote in a two-person race, you lose. If your tax rate is 41 percent, you’re likely to feel ripped off.
In the matter of his Iran deal, resident Obama and his team have spent two months working relentlessly to secure 41 percent — and now they’re claiming an enormous victory even though by any other standards what they’ve achieved is nothing but a feat of unconstitutional trickery.
Under the Constitution, treaties require the support of two-thirds of the Senate. The deal with Iran is a treaty in every respect — a legally binding long-term agreement between sovereign powers, in which hundreds of billions of dollars will flow and billions of dollars in nuclear materiel will be destroyed.
Since this is a treaty and we have 100 senators, Obama should have been obliged to secure the backing of 67 senators, not 41.
for the first time in American history, a president will simply impose a treaty on the country without even the pretense of seeking and obtaining the advice and consent of the Congress.
To call this a scandal doesn’t even begin to do justice to what it is. It really does suggest we are fast turning into a banana republic, whose leaders feel free to spit on a Constitution whose central purpose is to restrain the ambitions of strongmen and their shameful toadies.
Iran poses zero threat to the sovereign territory of the United States.
And there has never been “smaller government” or “lower taxes” resulting from American entanglement in the Middle East, just more borrowing, more death.
If your loyalty is to Israel and not to the United States, then your United States citizenship should be revoked.
My loyalty is to the US Constitution.
Maybe you should read some time.
Especially the part of senate approval of treaties.
And the part where five leftist on the SCOTUS can make-up their own laws on whatever they feel like (PS - that is not in there)
Does your conscience bother you when you vote for candidates that take their marching orders from Bibi Netanyahu and not from their constituents?
What does the Constitution say about that, eh hypocrite?
And the part where five leftist on the SCOTUS can make-up their own laws ??
You mean like Citizens United ??
Does your conscience bother you when you vote for candidates that take their marching orders from Bibi Netanyahu and not from their constituents?
You mean I get to vote for candidates who then represent me in congress/senate and pass laws of the “people?”
What silliness is this????????
All we need is five leftist on the supreme court to make all the “laws” - especially the most profound and controversial laws.
It is the American way. And what hundreds of thousands of soldiers died for.
Listen up now hypocrite. I never said I supported the Iran deal, because there shouldn’t have been any circumstances requiring a “deal” in the first place.
The United States should not have alliances with any Middle East nation. Let that entire part of the world rot and die as far as I’m concerned.
Neocon is a failed ideology. So f*ing get over it.
All we need is five leftist on the supreme court to make all the “laws” -
You have a weird view of the Constitution if you think laws passed by the legislative and executive branches are somehow superior to what the judicial branch does.
The founding fathers intended for the Sup Ct to have equal power to the legislative and executive branches. They have VETO power over any and all laws they deem unconstitutional. It’s called “checks and balances” and “separation of powers.”
It’s called “checks and balances” and “separation of powers.”
Five unelected leftist justices make “gay marriage” the law of the land.
Any dissent will be punished by jail.
I can’t see those “checks and balances” and “separation of powers” anywhere…
Why even bother to vote in your lefty world?
‘You mean I get to vote for candidates who then represent me in congress/senate and pass laws of the “people?”
“I asked Rosen if aipac suffered a loss of influence after the Steiner affair. A half smile appeared on his face, and he pushed a napkin across the table. “You see this napkin?” he said. “In twenty-four hours, we could have the signatures of seventy senators on this napkin.” Jeffrey Goldberg (The New Yorker).
https://en.wikiquote.org/wiki/Talk:American_Israel_Public_Affairs_Committee
I know, it burns. Looks like your little game is up. BTW, he’s not a neocon. Remember when they called themselves “vulcans” during the Iraq run-up?
‘And of all the books so far, James Mann’s work on “the Vulcans” is a particularly valuable contribution, perhaps one that will come to stand as The Best and the Brightest of the Iraq War. Its value lies not only in the consummate fairness of the author’s judgments (sometimes too fair, actually) but in the fact that Mann roves back in history meticulously and conscientiously to pull out the skeletons of these new foreign-policy ideologies of the Bush team and examine their DNA.’
“There was no question that the Vulcans’ venture into Iraq grew out of their previous 35 years of thinking about America’s role in the world. It represented a final step in the transfer of ideas that the Vulcans had formed during the cold war into a post-cold war world—the ideas that the United States should emphasize military strength, should spread its ideals and should not accommodate other centers of power.” Hidden within the general picture that the Cold War ended in 1989 and a new, still unformed post-Cold War world started, “there lay another, entirely different historical narrative, one that began in the two decades before 1989 and continued for at least 15 years afterward. It was the story of the pursuit of unrivaled American power, the story of the rise of the Vulcans.”
http://www.theamericanconservative.com/articles/bushs-six-pack/
Once I read about this guy who was visited by a prominent neocon couple (they seem to have a few of those). After a while he realized he was being “vetted” to see if he was to be allowed into the group. You can support neocons, they want your money. But you are not one of them. Most of these politicians are merely supporting neocons. They are simply a cabal.
Stuff a sock in it banana. American law recognizes three kinds of “treaty.”
Treaty <— 2/3 Congress
Congressional Executive agreement <— majority of Congress
Executive agreement <— no say from Congress
The Iran deal appears to be a congressional-executive agreement. At least Obama asked for the approval of Congress. He didn’t have to do even that:
…The “vast majority of international agreements” negotiated by the United States, especially in recent decades, have been executive agreements, rather than treaties. In 2003, the U.S. Supreme Court held in American Insurance Association v. Garamendi that “our cases have recognized that the President has authority to make ‘executive agreements’ with other countries, requiring no ratification by the Senate or approval by Congress, this power having been exercised since the early years of the Republic.”
(see wiki for “Treaty,” and “Joint Comprehensive Plan of Action,” Note 2.)
+1 goon
And there has never been “smaller government” or “lower taxes” resulting from American entanglement in the Middle East, just more borrowing, more death.
Most conservative voters I know are bloodthirsty and like war. I need to start telling them to go gear up and into combat. They certainly won’t if they were asked to.
The Iraq Resolution or the Iraq War Resolution (formally the Authorization for Use of Military Force Against Iraq Resolution of 2002,Pub.L. 107–243, 116 Stat. 1498, enacted October 16, 2002, H.J.Res. 114) is a joint resolution passed by the United States Congress in October 2002 as Public Law No: 107-243, authorizing military action against Iraq.
58% of Democratic senators (29 of 50) voted for the resolution. Those voting for the resolution are:
Lincoln (D-AR)
Feinstein (D-CA)
Dodd (D-CT)
Lieberman (D-CT)
Biden (D-DE)
Carper (D-DE)
Nelson (D-FL)
Cleland (D-GA)
Miller (D-GA)
Bayh (D-IN)
Harkin (D-IA)
Breaux (D-LA)
Mary Landrieu (D-LA)
Kerry (D-MA)
Carnahan (D-MO)
Baucus (D-MT)
Nelson (D-NE)
Reid (D-NV)
Torricelli (D-NJ)
Clinton (D-NY)
Schumer (D-NY)
Edwards (D-NC)
Dorgan (D-ND)
Hollings (D-SC)
Daschle (D-SD)
Johnson (D-SD)
Cantwell (D-WA)
Rockefeller (D-WV)
Kohl (D-WI)
https://en.wikipedia.org/wiki/Iraq_Resolution
Of course those Dems voted for the Iraq War — those votes were based on false and misleading “intelligence” pushed by the Bush administration to sell the war. Say, where’s that ‘yellowcake uranium’ from Africa? And good old Rummy, “we know where the WMD are.”
+1 WPA…The neocons like to float that one out…Those ba$turds new exactly what they were doing…Create a storyline that forced the Dem’s into a corner although a few still did vote against it…
Oh yes - the old “I was too stupid” excuse (used by underwater homeowners everywhere).
And these same people you want in power?
And these same people are trusting Iran?
Oh yes - the old “I was too stupid” excuse ??
Has nothing to do with intelligence dude…Has everything to do with your President, Vice President and other cabinet members LYING to you, the representatives of ALL constituents in the country…Don’t let truth get in the way of your thinking 2-fruit.
+2 WPA…
Libertarians under age 40 like myself will determine the future of conservatism in this country. Neocons have nothing left to do but die, and I’ll be p*ssing on their graves when they do.
+1 Goon…I 100% agree….
+1 too
SJW offended that their mandatory cultural-revolution play didn’t get the desired response.
http://dailycaller.com/2015/09/08/college-promises-to-punish-students-who-heckled-mandatory-play/#ixzz3lDQRxYso
I like the Daily Caller and their reporting on media, academia, and cultural topics.
Breitbart is pretty good too, when they aren’t too busy pimping neocon wars.
How the left works.
They force you to attend mandatory indoctrination.
And then PUNISH you if you don’t show the required faked sincerity.
Reminds me of stories of North Korea, Pol Pot and Stalin.
“Never be the first to stop clapping”
Greensboro has responded firmly, not only condemning the playgoers’ heckling but promising to punish it. Severely, if necessary.
Upon results of the investigation, those found responsible will face disciplinary consequences.” What sort of consequences the students could face is unclear, but the school’s penalties for sexual harassment go all the way up to expulsion.
Sales of preowned homes in the area were 13 percent higher than in August 2014. And median prices rose 9 percent year-over-year, according to the latest numbers from the Real Estate Center at Texas A&M and the North Texas Real Estate Information Systems.
http://www.dallasnews.com/business/residential-real-estate/20150908-home-resales-and-prices-set-scorching-pace-in-august.ece
Ebby Halliday Acers, Dallas’ Queen Mum of residential real estate, died peacefully in her sleep Tuesday evening, surrounded by friends and family. She was 104 years old.
During the Great Depression, Ebby helped support her family by selling general merchandise and eventually hats at a department store in Kansas City. In 1938, she was transferred to Dallas, Texas, as hat department manager at the W.A. Green Store. She would soon open her own hat boutique. When a customer’s husband built 50 single-family spec houses made of insulated concrete, he knew exactly who to call.
“If you can sell those crazy hats to my wife, maybe you can sell my crazy houses,” legendary Texas oilman Clint Murchison said to Ebby. Ebby sold all of them and soon changed her product from hats to houses, and the rest was history.
UST yields rising - what happens to markets if they go over 4% and the Fed is unable to embark on yet another counterfeiting spree?
http://www.marketwatch.com/investing/Bond/TMUBMUSD10Y?countrycode=BX
Why have Qatar, United Arab Emirates, Saudi Arabia, Kuwait and Bahrain refused to take in refugees?
5 wealthiest Gulf Nations have refused to take a single Syrian …
http://www.dailymail.co.uk/…ix-wealthiest-Gulf-Nations-refused-single-Syrian-refugee.html - Similar pages
4 days ago
Maybe because they knew Syrians won’t be very forgiving knowing the role the Gulf Arabs played in funding the Islamist insurgents and terrorists who have destroyed Syria.
+1 Exactly.
After travel around the ME.
You have never seen true racism until you see arab racism.
Will the e-currency club self destruct?
“Allegations of Dirty Tricks as Effort to “Rescue” Bitcoin Falters”
http://www.technologyreview.com/news/541121/allegations-of-dirty-tricks-as-effort-to-rescue-bitcoin-falters/
Govt employees twice as many as manufacturing employees:
http://www.cnsnews.com/news/article/terence-p-jeffrey/21955000-12329000-government-employees-outnumber-manufacturing
Government is just a jobs program at this point. But I’d still rather have them open up more of this working for your welfare than continually expanding the couch surfing dole.
It now takes less than 30 percent of the work force to provide for the rest.
It now takes less than 30 percent of the work force to provide for the rest.
Wrong. It takes trillions in borrowed and printing-press funny money. Totally unsustainable over time, but there you have it. The productive and savers must be ruthlessly punished.
Govt employees twice as many as manufacturing employees:
and probably 10 or 20 as many as agricultural employees
retire at 57 w hc thrown in
Reagan - Under Reagan, the federal workforce increased by about 324,000 to almost 5.3 million people
Clinton- 4.1 mil in 2000
Obama- 2.1 million 2014
http://qz.com/175157/barack-obama-has-shrunk-the-us-federal-workforce-more-than-ronald-reagan/
This seems to be just flat out wrong
https://www.opm.gov/policy-data-oversight/data-analysis-documentation/federal-employment-reports/historical-tables/total-government-employment-since-1962/
PIIGS member Spain - which is too big to be bailed out - is getting nervous about the upcoming Catalan succession referendum. I’ll be watching the Spanish 10-year bond to see how investors react.
http://www.zerohedge.com/news/2015-09-09/spain-defense-minister-warns-army-may-intervene-unless-catalonia-obeys-rules
The Spanish government will use the army on its own citizens and ignore the hordes of criminal muslim invaders.
The FSA army votes and progressives will do anything to stay in power.
More of the obama housing bubble v2.0
Except now we call them “non-prime mortgages”
Forward.
——————————-
“Liar Loans” Are Back! 2008 Here We Come
zerohedge - 09/08/2015
But even as alarm bells are going off in the subprime auto market and also in the market for student loan-backed paper, there hasn’t been as much concern for the MBS market where apparently, everyone seems to think that market participants (lenders, borrowers, and Wall Street gamblers) have learned their lesson. Of course no one ever, ever learns which is why we weren’t at all surprised to hear that “liar loans” - a relic of the good old days - are back and, in keeping with everything said above, are creeping into mortgage-backed paper. Here’s Bloomberg with the story of Velocity Mortgage Capital LLC:
But behind that picture of a $2.95 million home in Manhattan Beach, California, were hints of something darker: liar loans, those toxic mortgages of the subprime era.
And because we wouldn’t want anyone to think that the problem is confined to a handful of “liars” taking out mortgages for “business purposes,” we’ll leave you with the following from FT who reports that the ZIRP-induced hunt for yield has opened the door for the triumphant return of subprime non-Agency RMBS:
Yield-hungry investors are ready to endorse a revival of bonds backed by riskier US residential mortgages, as lenders warm to housebuyers who do not meet strict borrowing guidelines introduced after the financial crisis.
But the now toxic label of subprime mortgages has been dropped. Instead, Angel Oak Capital is in the process of pricing a deal for a bond offering of so-called “non-prime mortgages” — a term funds are using to describe mortgages that do not meet government standards. Lone Star Funds completed a deal worth $72m in August.
“Investors” rushing back into Ponzi markets in anticipation of moar “stimulus” funny money being showered on the Fed’s TBTF accomplices.
http://www.marketwatch.com/story/10-year-treasury-yield-rises-to-highest-level-since-early-august-2015-09-09
Ante up, mainland taxpayers. That’s too many Democrat-for-Entitlements votes not to bail them out.
http://www.bloomberg.com/news/articles/2015-09-09/puerto-rico-plan-shows-13-billion-debt-gap-in-next-five-years
The place should be a progressive/liberal wet dream.
High taxes.
Huge government.
Massive spending.
Insane unions.
Strict gun control.
What is not to like?
And why doesn’t it work??????????????
turn off Fox and look at HISTORY.
Look at who grew gov and increased spending…
Hint : start with Reagan, end with Shrub.
You dont know your party.
I’ve been following Rose Thornbury ( Sears and other manufacturers) Kit Home “Professor” and it just amazes me, that you could buy a build your own home kit, have it shipped in a RR car, and live in a nice home. Kit Homes are usually found 1-2 miles from RR tracks.
1908 - 1940’s
A great insight into our housing history. Many firms bought modest ones for employees, and sizable ones, were built for the Co top brass. The inventor of Eskimo Pies built one called “The Villa”, on his dairy farm, where the public would come to eat ice cream and enjoy some free entertainment.
Rose has a sensational blog.
Mr. Levitt was pretty amazing too.
They broke down the construction process into 27 separate tasks and assigned each task to a group of workers who would go from house to house repeating their specific task at each building site. Trucks would deliver parts and materials to homesites placed at 60-foot intervals. Then the carpenters, tilers, painters and roofers arrived each in turn. There was even one employee who did nothing but bolt washing machines to the floors. When the process was in high gear, houses were completed at the rate of as many as 36 per day.
http://www.entrepreneur.com/article/197662
Levitt (town) - Not sure I want to hung him or kick him. He was the “father” of PUDs.
Our cottage was built in 1967, and we are the first owners (2 preceding us) who have made this place a one of a kind. Amazing what $200 in Lowe’s shutters will do to the curb appeal, and the new wide grid windows have no BB gun holes.
We’re coming up, but are watching our ROI.
A lifetime of earnings spent on a three-sided shanty is the best joke going.
oops, Rose Thornton
“1908 - 1940’s”
It wouldn’t be popular at all today. People would rather pay many multiples of material and labor costs for a “home”.
No city ordinance in that period…No inspections…No sewers…No storm runoff requirements…No city water…No sidewalks……No engineering…No applications…No plans except some pencil drawings…
There were no sanitary, potable, sidewalks, engineers in the 1940’s ?
Are you sure?
Only a huge big government can give us roads and schools and medicine and sanitation.
Even a 1% cut to any government program (except the military) will result in America turning into Somalia overnight.
I don’t know how American grew and prospered until the 1970s…
And the budget was balanced until Ronnie and the republicans took power. Check it out.
“I don’t know how American grew and prospered until the 1970s…”
You haven’t watched the documentary then. At least watch the trailer, it answers your question.
http://www.imdb.com/title/tt2215151/
hint - trickle down did not help
Only a huge big government can give us roads and schools and medicine and sanitation.
Actually yes. I don’t recall private industry funding the construction millions of miles of roads and other public infrastructure. It’s not profitable enough for them. Even now, the most that private road companies do is cannibalize existing public works, like condoning off a superhighway for “Lexus lanes.” At best, they will build a toll road if, and only if, they can swindle the local counties to foot the bill while the private sector takes the profit.
Just ask Joe the arrogant lawyer in Baltimore, who now has a job selling out public water systems and other works to the private sector.
About 50% of the Kit Homes were built by the homeowner and the family themselves, along with recruits. The large majority are still standing. Rose said if it was your family’s life on the line, you’d better believe they were built well. Good point.
Sterling, Wayward (Montgomery Ward’s Kit Homes), Aladdin and a few more, were the Kit “Kings”. Totally cool stuff.
IIRC, Illinois has the biggest share.
“along with recruits”
In other words, people who knew what they were doing or labor, for free.
Classic Californicism right there. Always on the hunt for the free-shit.
Why would anyone want “free shit?”
Fantasylandia
Data my friend…. data.
California: The Welfare Capital Of The US
http://www.sandiegouniontribune.com/news/2012/jul/28/welfare-capital-of-the-us/
A quick introduction by Rose on youtube to the Sears Kit Home story. I love this stuff.
https://www.youtube.com/watch?v=b8nn0ek0qyQ
Your subconscious is messing with you.
And the FSA votes for one party.
———————
The U.S. Is Now the Real Welfare State
National Review | 09/09/2015 | Michael Tanner
In 2013, the New York Times reported on the case of Carina, a 36-year-old Danish single mother who had been on welfare since she was 16. Denmark has long had one of the most generous welfare systems in Europe, and Carina was able to collect about $2,700 per month in benefits, an amount that enabled her to live quite comfortably without working. A second welfare recipient discussed in the article, Robert Nielsen, had been supported by the government for more than a dozen years. He had not attempted to find work and did not intend to. As he said, “Luckily, I am born and live in Denmark, where the government is willing to support my life.”
European countries do spend a far higher proportion of their GDP on social welfare. But much of that money goes to programs for the elderly or the middle class. When it comes to means-tested assistance for the poor, Europe is less generous and the United States is more generous than is commonly believed.
The Cato study looked at what a single parent with two children could receive from four broad categories of welfare benefits: social assistance, housing assistance, family and child benefits, and tax credits. We found that in nine European countries this hypothetical parent could receive total benefits worth more than $18,200 per year. In five countries — Austria, Finland, Ireland, the Netherlands, and the United Kingdom — benefits exceeded $24,300. And in Denmark, the most generous country, the potential benefit package exceeded $38,500 per year.
And how does the U.S. compare? On the basis of data from a 2013 Cato study of U.S. welfare benefits, we would slot in right in the middle of the EU countries analyzed, slightly above France and slightly below Sweden. In the U.S., a single parent with two children receiving benefits from six major welfare programs (Temporary Assistance for Needy Families, food stamps, housing assistance, fuel and heating assistance, the Women, Infants, and Children nutrition program, and free commodities) could potentially receive more than $20,500 (nationwide non-weighted average). In fact, in the six most generous jurisdictions (Hawaii, D.C., Massachusetts, California, New Jersey, and Connecticut), recipients could potentially receive higher benefits than in every European country analyzed except Denmark and the United Kingdom.
Moreover, we excluded Medicaid from this comparison, since European health-care programs are universal rather than means-tested. Depending on the state, those benefits could be worth an additional $6,300 to $10,400 for our hypothetical U.S. family.
Even more troubling, European countries appear to be ahead of us in recognizing the problems that excessive benefits cause, and in reforming their programs to put a greater emphasis on work. For example, several countries have consolidated multiple programs in their patchwork welfare systems. Others have strengthened work requirements or established time limits for benefits. Still others have established or expanded work-based tax credits or transitional assistance to increase the value of work. In many cases, these reforms are tentative, but they’re steps in the right direction.
only 87% of fsa votes dem
European countries do spend a far higher proportion of their GDP on social welfare. But much of that money goes to programs for the elderly or the middle class. When it comes to means-tested assistance for the poor, Europe is less generous and the United States is more generous than is commonly believed.
So some European countries give a significant amount of welfare to the middle class, while welfare is more focused on the poor in the USA. I’ve read that conservatives in some countries such as the UK and Australia want to be more like America in that regard.
For example, several countries have consolidated multiple programs in their patchwork welfare systems. Others have strengthened work requirements or established time limits for benefits.
TANF is time-limited.
surfer dude at work in Irvine asked me that now since I’m becoming a California resident, am I buying a house?
Are you kidding? My cost of a roof over my head is 10% of my wages and compensation. That and mobility equal bargain.
I told him I’m looking ahead to move back to Arizona in a few years.
You need a mixtape with the following songs:
The Who - I’m Free
Rolling Stones - I’m Free
The Kinks - Got To Be Free
Velvet Underground - I’m Set Free
Lou Reed - I’m So Free
And for the loanowners, I recommend Jim Morrison “I been down so goddamn long that it looks like up to me”
The Monkees — I Wanna Be Free
Lynard Skynard — Free Bird
Dude! Get on the property ladder!
I told him I’m looking ahead to move back to Arizona in a few years ??
“THATS” the fundamental reason you are not buying…This renting for 10% of your income as the reason is just a smoke screen…You have already said in the past that you are going to buy when you move back to Arizona…
Why would anyone pay these current grotesquely inflated asking prices for resale housing when you can rent it for half the monthly cost?
Remember….. current asking prices of resale housing are 250% higher than long term trend and double construction cost(lot, labor, materials and profit.
If the new Christian “political correctness” takes hold, here’s what we have to look forward to:
https://i.imgur.com/35jVSH0.jpg
Silly picture - and you would always have the choice to shop somewhere else.
With the left - indoctrination is mandatory and ANY distention will be met with the full force of the state (jail, fines, expulsion, loss of job or IRS audits).
No matter what the law says.
See the article above for the University of Greensboro for today’s example of leftist tyranny.
See the difference?
Nah - I didn’t think you would.
You mean like Blue laws?
or the Ms. Davis who won’t follow court orders and ends up in jail.
How about McCarthyism.
Yep the right is all about live and let live. ?????
1715 days until retirement! (that is downsizing my career). Can’t decide if I will work full time 8 months of the year in Phoenix or part time (20 hours a week) every week when I downsize. But it will be my own business. Even if that means just managing my portfolio.
Got a lot of road trips, swimming, biking, skiing, fishing to do.
I know of people who work as docents in Alaska in the summer to get away from the heat where they live in the lower 48. Seems like an idea.
The Selfish Hoarder
Congrats on your retirement plans. Most of us have less time in front of us, then behind us. I see, you plan on using it wisely.
Trump fans: are you having second thoughts?
- Trump says he’s agreeable to raising taxes on the wealthy
- Trump says no cuts to Soc Sec or Medicare
- Trump: “We must have universal healthcare. I’m a conservative on most issues but a liberal on this one.”
… and now this
Trump: Syrians Are ‘Living In Hell’ And We ‘Have To’ Take In Refugees What? He wants to import mooslims? Oh dear, this won’t play well with the base…
Except for his Mexican-bashing, Trump is sounding more and more like a centrist Democrat.
So why are you not a Trump supporter?
Because he is not a Hillary clone?
The more Trump goes “off script,” the better I like him.
I donated money to Rand Paul earlier in this campaign cycle, primarily on the issue of NSA spying, but I’ll probably vote for the Libertarian Party candidate in the general election next year, and I don’t even care who it is.
My guess is he’s been “consultant-ized”. Heh, this is exactly the way Romney went. His numbers are starting to drop, too.
WPA, do you have links to these Trump statements, or at least a similar policy statement? Especially the universal health care one. My understanding is that he praised single-payer in the distant past, but not recently
“Centrist Democrat.”
Indeed. It’s what I said the other day.
If Trump calms down his rhetoric from “build a wall” to “jobs for Americans,” reasserts public option/single payer, and gets the money out of politics by funding his campaign with his own millions (how ironic!) … watch out, libs. He’s coming for the Hillary votes.
Oxide, here you go:
Trump Stands By Past Support For Universal Health Care
Elizabeth Warren agrees with Trump on his proposal to raise taxes on the wealthy.
He’s coming for the Hillary votes.
And the Jeb votes. At this rate, Jeb and Hillary and Trump are all blurring together into one indistinguishable mass, the establishment Chamber of Commerce Supercandidate. If any of the three are elected, it’s fine with the CoC, they’ve hedged their interests accordingly.
they’ve hedged their interests accordingly.
Trump’s net worth is at least $1.5 billion. He doesn’t need to sully himself with CoC money, not ever. (unlike Romney, whose $200-$300 million wasn’t enough.)
And look at the Trump policies… universal health care, possible tariffs, taxing the 1%, SS and Medicare, kicking out cheap illegal labor. That’s not CoC. Take out the war hawking, and you have a … Dem.
“Why the Gig economy sucks, Chapter 12″, or
“Sometimes it’s just not worth it”:
The fixr has been working on another airplane on a “Contract/Call U when we need something” basis since 2009.
These guys have never been what I would call “lightning fast” in paying my invoices; but it’s getting worse. I still haven’t been paid for the invoice I submitted in mid-July, for work I did in May-June-early July (including ruining my Fourth of July weekend on an all nighter).
It seems that the accountant that handles the payroll/invoices is a contractor too.
Such a deal, for the rich guys. Get your airplane fixed, then take your own sweet time about paying the invoice. If there is a requirement for a employer to pay a 1099 in a timely manner, it sure as hell isn’t being enforced.
Like many other jobs being done by the wretched refuse, it’s getting to the point where working isn’t worth the hassle. Especially when you aren’t getting paid for it.
Demand payment up front for certain high risk customers.
Do not let airplane out of the hanger until repair work is paid in full.
Car garages do just that.
Recommendation #1 - Implemented a long time ago.
Anything with a propeller on it = High Risk, low reward
Rec # 2 - That’s the kind of thing you do if you want to get totally OUT of the aircraft maintenance contractor business.
Which is why I’m contemplating it.
It gets better:
Rosa Parks - Violated a Law.
Kim Davis - Violated a “ruling” of five liberal unelected judges
———————–
Kim Davis and Rosa Parks
Christian Post ^| 09/09/2015 | Wallace Henley
Rosa Parks ignited the civil rights crusade against racial discrimination when, on December 1, 1955, she refused to move to the back section of a bus in Montgomery, Alabama, in defiance of a city code stipulating where black people could sit.
Will Rowan County Kentucky clerk Kim Davis’ refusal to issue same-sex marriage licenses because of her biblical beliefs, and subsequent incarceration, make her the rallying point for an energized civil rights movement focusing on religious freedom?
That is yet to be seen. No one could have predicted the actions by Rosa Parks on that day in 1955 would ignite the battle against racial discrimination in America.
Actually, when she had initially boarded, Parks sat compliantly behind the sign bearing the word, “Colored.” However, the white section filled up, and the bus driver—who had harassed Parks years before — moved the “Colored” sign back, placing Parks in the “Whites Only” seats. The driver demanded that she move back also. Parks refused, and the rest, as they say, is history.
Parks was arrested. The Montgomery Bus Boycott expanded to other areas. One of those persons impacted by the episode was a new pastor in town, Dr. Martin Luther King, who became the leader of the civil rights movement that changed the nation, and paid with his life.
On December 1, 1955, Rosa Parks had three choices. First, she could have complied with the city code, and moved to the rear of the bus. Second, she could have gotten off the bus and refused to re-board, as she did in 1943. On that occasion, the same driver demanded that, after paying her fare at the front, she exit, and walk outside to the rear entrance. Third, in 1955, Rosa Parks could have refused to budge because of her convictions. That is what she did.
Kim Davis had the same three choices. She could have complied with the Supreme Court ruling on same-sex marriage, which had been affirmed by Kentucky governor Steve Beshear, and issued the licenses to homosexual couples. Or, Davis could have gotten “off the bus” by resigning her county clerk position. Third, she could have followed the example of Rosa Parks, and refuse to budge. Which is what Davis did.
When a civil jurisdiction actually becomes a “terror” to those who seek to do good, encourages wrongdoing, fails to protect the innocent, and does not enforce just laws against those who break them, then the civil regime has severed itself from accountability to God’s transcendent revealed principles, and thereby has lost its authority. It begins functioning out of raw power it seizes and arrogates to itself.
This is the stuff of all tyranny.
This is the ground for civil disobedience and replacement of a regime. Jim Crow laws were unjust, encouraged the evil of discrimination, preserved the wicked institution of segregation, and arrested good people like Rosa Parks. The administrations that established and enforced such ungodly, unbiblical laws had to go.
Many believe the Supreme Court last June seized raw power to redefine marriage rather than acting under constitutional authority. Abraham Lincoln noted in his first inaugural speech that the infamous Supreme Court decision regarding Dred Scott, while being the law in that particular case, was not necessarily the law of the land.
Had Rosa Parks complied with the Montgomery city ordinance and the bus driver’s demand on December 1, 1955, or had she gotten off the bus, there would not have been the spark that set a movement aflame.
Will Kim Davis’ refusal to comply or resign as county clerk fuel a drive for religious freedom?
Time will tell.
If you believe this fat, quad-married, Kentucky rube is some kind of patriot, then you will fall for anything. If she was a Muslim fighting for exactly the same issue, the republican Bible-thumpers would be going wild.
+1 CB…Ditto with the turned Muslim flight attendant…You apply for a job…There is a scope of work that is required for you to preform…You can’t pick and choose for whatever reason which tasks your willing to pro-form…
This Kentucky Rube you speak of is a elected official…She new exactly what she was doing…She cannot be terminated…She must be impeached…
Yep, she is a tool for sure. The interesting thing is that of all the counties in the whole US, there’s only a handful of 2 or 3 which are not complying with the ruling.
Mike Huckabee, the former Baptist Minister, now Arkansas Governor, and Ted Cruz scare the hell out of me. I agree, they are part of the American Christian Taliban and such media whores.
Kim Davis is headed back to jail. Rosa Parks wasn’t an elected official, so comparing her to Davis is an orange and an apple, at the basic level. That analogy is just stupid, imho.
Davis took an oath. I saw an interview on MSNBC where Huckabee disregarded the Supreme Court ruling, and the conservative commentator(R) was livid. Great political theatre. Huckabee should go back to the religion business.
Huckabee should go back to the religion business ??
And leave all that money behind ?? No way….
If you believe this fat, quad-married, Kentucky rube is some kind of patriot, then you will fall for anything. If she was a Muslim fighting for exactly the same issue, the republican Bible-thumpers would be going wild.
+1. Bureaucrats don’t get to pick and choose which of their duties they will perform. If the law conflicts with your religious beliefs, then find another job.
Oy Vey.
Parks wasn’t an elected official who took an oath, for starters. Kim Davis was elected to do a job. This article is just silly. As an American, I’m not interest in living in an American Christian Taliban country. Freedom of religion, and freedom from religion is part of The Separation Of Church & State. Let Davis move to Iran. Maybe she’ll take the other nut jobs with her.
Simple: Parks wanted to include people on the bus.
Fat Kim, wanted to exclude people and let her “religion” dictate her actions.
Separation of church and state is for a GOOD REASON.
Califoh20 -Good point.
Hard to believe you could become even more of a stereotype.
Liberace!
Stay classy, migrants!
http://www.nytimes.com/aponline/2015/09/09/world/europe/ap-eu-denmark-migrants.html
“Oh, no, I don’t want this country, I want THAT country”
Is it just me, or is this not the most entitled horde of so-called refugees, ever? Talk about FSA, THAT is one arrogant, gimme gimme group. I know there are genuine refugees among them, but this horde really looks like something else entirely to me, for the most part. 75% men, btw.
They make illegals in the US look like the most humble people in the world.
And Mexicans don’t behead people for having a ham sandwich…
No, but the drug cartels WILL behead rivals or mules who stiff them. Or garrote.
Obama poised to take some of Europe’s Muslims: 75% of ‘refugees’ are men of military age
WND | September 8, 2015 | Leo Hohmann
The Obama administration is “actively considering” ways to help relieve the European migrant crisis, and among the options on the table is a massive resettlement of “refugees” inside the United States.
But a closer look at the United Nations refugee agency’s data shows that many of the so-called refugees are likely not refugees at all.
According to data from the U.N. high commissioner for refugees, 75 percent of the migrants who arrived on European soil are men, while 13 percent are children and 12 percent women.
And only a slight majority, 51 percent, of the refugees are Syrian. The remainder are from all over the Middle East and North Africa and many have purchased the passports of dead Syrians.
These passports are easily acquired on the black market in the Middle East, said journalist Daniel Greenfield in an interview Sunday with the Glazov Gang.
“People are just buying Syrian passports, because at the end of the day, how are you going the check them in the middle of a bloody civil war, where hundreds of thousands of people are dead?” he asked.
Aboulafia on the French Aerospace industry:
http://tinyurl.com/ntk7w7r
Vertically integrated. Almost 100% of the airplanes built in-country.
No international partners to speak of.
Competitive with Boeing, even though those damnSocialists labor costs are a lot higher. (offset by not paying the suits in the HQ nearly as much).
Pretty much diametrically opposite of the way the USA does business.
#2 in the world, after the USA.
(But the US industry sales include overpriced/underperforming boondoggles like the F-35/787/next-generation tanker for the USAF).
Fixer
I am surprised that you feel the 787 is a “boondoggle”. I have flown it several times and prefer it over all others now because I really do not feel as much jet lag. Do you think I have fallen for their advertising?
The 777 was my favourite until they added that fourth seat in the middle. Now that was a “boondoggle”.
It’s going to be a long time before Boeing makes any money on the 787.
-They handed some of their proprietary knowledge over to their subcontractors, to let them do the engineering. (mainly as leverage against their own in-house engineers) . Then found out that their subcontractors couldn’t handle their end of the bargain. One of the solutions to this was spend money to acquire some of the subcontractors.
-Multiple subcontractors (on multiple continents). Lots of rework during final assembly because components won’t fit. The South Carolinian newbies are evidently having problems with this.
-Ditto with the subsystems (mainly the electrical stuff)
-The airplane is too heavy, aircraft isn’t the airplane that the airlines bought, as far as range/payload is concerned. Financial penalties are involved.
-It remains to bee seen how well an almost fully “composite” airplane holds up to airline usage. Or if the airlines are adequately set up to inspect composite structures (both requirements and skills/equipment). (If done right, lots of NDT guys will be needed).
This being a US managed project, I expect that all of this will be over-promised and under-budgeted. Then the “nobody saw this coming” excuses when something goes bad.
An older blog link, but still pertinent:
http://tinyurl.com/ozmjbmt
Another cost driver that Boeing seems to have overlooked.
-Scrap aluminum can be recycled/sold
-Scrap composite/carbon fiber is Hazmat, you have to pay someone to dispose of it properly
There’s also the really unpleasant reality that composite planes don’t take too kindly to getting hit by lightning (conductive screen has to be embedded into the composite which then must be electrically bonded to the rest of the exterior parts).
Aluminum planes are much more lightning-tolerant in their design (having electrically-conductive outer shell = very good for passengers inside).
File this in the “things you probably don’t want to know any more about” folder.
Ted Cruz on the FoxNewsHate right now proclaiming his primary allegience to a foreign power in front of a crowd of cheering morons. Every one of these f*ckers should be deported, America doesn’t need you here!
Ted Cruz… My neighborhood loves him and Huckabee. Lock our doors, for sure. I’ll have to catch that video online. Thanks goon.
Just saying our religion was kindness, stirred up these BS Jebus freaks around here.
I think that Brietbart said that Glenn Beck and the Duck Dynasty people are going to be at the rally. Doesn’t that make you want to re-consider your position?
Top headline on Huffington Post right now:
http://nymag.com/daily/intelligencer/2015/09/sheldon-adelson-is-ready-to-buy-the-presidency.html
Trump just took the podium at the anti-Iran deal rally. I will never vote for this man.
rapidly.depreciating.houses.
commodities in a house are constantly going up. buy now why u can.
How can that be when we’re paying 2001 prices for steel, concrete and div 6 materials?
And falling.
u guys need to find out the schedule of the buyback desk @ goldman and make some quick cash.
Days up appear to be big buyback days.
Follow the money!
http://www.marketwatch.com/story/those-stock-buybacks-are-just-another-wall-street-scam-2015-03-12
R u not entertained?
A work friend is trying to recruit me to work for Edward Jones. Does anyone have first or second hand experience with this company?
commission? R u gonna sell people stocks or mutual funds or both?
I think most people on this board know more about finances than most of the so called experts.
Don’t even think about it. I’ve been with them (as an investor) for 20 years, and the longest I’ve had the same guy is I think 4 years. They usually bail after 2-3 years and it’s rinse, lather, repeat.
New guy comes in thinking this is going to be the best job ever, and before I know it, I get a letter from HQ stating that they are handling my account until they can find me a new person.
They just follow the standard “buying stocks is good” investing script, and adjust your investment mix based upon your age and need for investment income (no brainpower required).
You’re much better off selling insurance - my State Farm guy only has to come into his office a day or two a week to sign papers. Golf, soccer-dad, whatever, the rest of the time. Of course, he has already established his business so has enough existing customers to live off of just fine.
Muggy
Oh yeah. I went to a retirement seminar of a local office (franchise?(felt like it) and was alarmed. We were asked if we bought a drink with our hamburger meal at Carl’s. If you said yes, you were told it would effect your retirement wealth. WTF?
My response was that if an inexpensive splurge like that would, not to worry, you will not have a retirement. The room was full of really nice country pumpkins. 3 of us, with an Accounting, Finance, or Econ. classes behind us, pushed back on the Financial Planner A-hole. The presentation was very manipulative, IMHO. I have no respect for EJ.
They’ll tell you there’s no hard selling. That you don’t need to push friends or family to hand over money to you to manage.
These are lies. The subject wouldn’t come up if it wasn’t part of the job.
I avoid people who are not fee-based and don’t have a CPA or a background in estate planning (law degree). It takes a real knowledge set and a license to do the real heavy lifting that is worth the real money. An advisor (really salesperson) who has a few easy-to-get certifications and attends a few seminars a year is not going to be a big value-added to most people who actually have money to invest.
There is a reason that EJ and others (Ameriprise, etc) always have tons of jobs posted and go out of their way to play up the 1% of people who actually make a good living doing the job. Lies lies lies.
“The Great Realtor Rip Off”
http://www.economist.com/node/21554204
“Economists are baffled. The internet has squelched inefficient middlemen in other industries, from insurance brokers to travel agents. Why not American realtors? Although scores of discount brokers and for-sale-by-owner websites have sprouted up, traditional full-service realtors have somehow maintained their market share of 80% without reducing fees.”
Corruption, e.g., lobbying plays a huge role protecting fees.
egregious.realtor.corruption.
http://www.npr.org/sections/thetwo-way/2015/09/09/438947863/mexican-broadcaster-uses-trumps-words-to-blast-u-s-in-soccer-match-promo?utm_source=twitter.com&utm_campaign=npr&utm_medium=social&utm_term=nprnews
Our NEW POTUS!!! Making friends and creating synergy across the planet.
“CALIFORNIA CRIME WAVE FOLLOWS CRIMINAL JUSTICE REFORM”
https://www.powerlineblog.com/archives/2015/08/california-crime-wave-follows-criminal-justice-reform.php
Rising crime, corruption, welfare and crushing poverty…. And the LIEberals dance in the streets and celebrate.
Yup….. California is great!
Your jealousy is glowing. Napa is just fine.
Data my friend.
Novato, CA Housing Prices Dive 8% YoY
http://www.movoto.com/novato-ca/market-trends/
LOLLY LOL LOL every Jewish friend I’ve ever known is really smart and secular, it’s only the “Christians” I know that want a war, there is something very sick and very wrong with them that they want war so badly.
Go look in the mirror, @sshole. Because that isn’t Jesus looking back at you.
“it’s only the “Christians” I know that want a war, there is something very sick and very wrong with them that they want war so badly.”
OMG you’re right!
http://www.youtube.com/watch?v=LJkHm2WtSsk - 196k -
BloombergBusiness
China’s Stocks Decline as Producer Prices Sink Most Since 2009
Kyoungwha Kim
September 9, 2015 — 6:22 PM PDT
Updated on September 9, 2015 — 6:53 PM PDT
China’s stocks dropped for the first time in three days after producers prices tumbled the most in six years.
The Shanghai Composite Index slid 1.1 percent to 3,206.16 at 9:35 a.m. local time, snapping a 5.3 percent, two-day advance. About 10 stocks fell for each that rose. The producer-price index declined 5.9 percent in August, extending declines to 42 straight months, while consumer prices increased 2 percent, the fastest pace in a year.
Factory deflation is pushing up real borrowing costs for the industrial sector, compounding challenges as the growth outlook dims. The Shanghai Composite has tumbled 39 percent from its June high to erase $5 trillion in value on mainland bourses as leveraged investors fled amid signs of a deepening slowdown in the economy.
…
Don’t deflating producer prices mean wider profit margins? I’m missing the downside for producers, except for those who are producing the goods whose prices are falling (e.g. miners, oil and industrial commodities producers).
Markets | Thu Sep 10, 2015 1:16am EDT
Related: China
China deflation fears grow as producer prices sink most in six years
BEIJING | By Pete Sweeney and Winni Zhou
A customer looks at price tags at a supermarket in Huaibei, Anhui province February 10, 2015.
Reuters/Stringer
China’s manufacturers slashed prices at the fastest rate in six years in August as commodity prices fell and demand cooled, signaling stubborn deflation risks in the economy and adding to expectations for further stimulus measures.
The producer price index (PPI) fell 5.9 percent in August from the same period last year, its 42nd consecutive month of decline and the biggest drop since the depths of the global financial crisis in late 2009, data showed on Thursday.
The market had expected a decline of 5.5 percent after a drop of 5.4 percent in July.
“The change in PPI is very worrying. It could affect corporate profitability, which in turn could affect consumption and the economy,” said Li Huiyong, economist at Shenyin & Wanguo Securities.
“We must step up policy support.”
…