Bits Bucket for September 16, 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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Can state intervention save the Chinese stock market?
China stocks have plunged 6% in two days
By Charles Riley and Sophia Yan
China stocks suffered another round of heavy losses on Tuesday, renewing concerns over government efforts to support markets.
The Shanghai Composite shed 3.5% on Tuesday, bringing losses for the week to 6%. Declines have been even steeper on the smaller Shenzhen Composite, which has lost more than 11% over the past two trading sessions.
Late in the day, China’s government announced a shakeup at the country’s stock market regulator.
Zhuang Xinyi, a vice chairman at China Securities Regulatory Commission (CSRC), has been removed from his post. His successor, Li Chao, most recently worked for China’s State Administration of Foreign Exchange.
The significance of the personnel changes were not immediately clear, but the appointment of a currency expert could be a reaction to the flood of money leaving China in recent months as worries mounted over the stock market and economy.
…
Poof.
And this is with the “sellers will be punished” program still in effect.
China’s currency could double losses this year - economists
By Sophia Yan
Watch out! China’s currency is likely to tumble further before the end of the year, according to a CNNMoney survey of economists.
The yuan, also called the renminbi, is expected to slide another 2.8% against the U.S. dollar by the end of 2015, according to the survey’s median estimate.
That might not sound like a major decline, but it is a big move for the tightly-controlled yuan.
The currency has already fallen 2.6% against the dollar since January, the vast majority of which came during a two-day drop in early August that stunned investors and contributed to a global stocks selloff.
In addition to the surprise depreciation, the central bank changed the way the yuan’s 2% daily trading band is set — a calculation that now uses the previous day’s closing price instead of the bank’s own opaque process.
The move pushed currency markets into a tizzy, and set off a wave of speculation over how much further the currency might drop.
…
No Escape for China Hedge Funds Overwhelmed by Stocks Crash
Bloomberg News
September 15, 2015 — 3:00 PM PDT
Updated on September 15, 2015 — 6:35 PM PDT
- Almost 1,300 funds closed in China’s $5 trillion stock plunge
- Government restrictions make bear-market bets more difficult
It’s about to get even uglier for China’s hedge funds.
The newfangled industry, short on expertise and ways to protect itself from market declines, has seen almost 1,300 funds liquidate amid China’s $5 trillion stocks selloff, and a similar number may be at risk, according to Howbuy Investment Management Co. Now, a government crackdown on short selling and other hedging strategies have made prospering in a bear market difficult.
It’s an inglorious turn for China’s on-again, off-again love affair with stocks, which saw the number of hedge-fund-like vehicles explode in past years as the government made it easier to register funds and introduced new financial instruments. The market rout — and the regulatory response to it — has revealed cracks in the industry that suggest it may need years to recover. In the most devastating blow to domestic hedge funds, China has imposed new restrictions on trading in stock-index futures, a key investment strategy to dampen volatility and avoid big losses.
“It spells the end, at least temporarily, for China domestic hedge funds,” Hao Hong, chief China strategist at BOCOM International Co. in Hong Kong, said in an interview.
…
“Almost 1,300 funds closed in China’s $5 trillion stock plunge”
A double whammy:
Poof for the money that was directly lost due to the equity price meltdown, and …
Poof for the money that was borrowed and was backed by the equity prices that experienced the meltdown.
Copying China Bailout Fund Is Great Way to Lose Money in Stocks
Fox Hu
September 15, 2015 — 9:00 AM PDT
Updated on September 16, 2015 — 1:10 AM PDT
- Shares bought by state rescue fund have underperformed index
- Targets trade at almost double the benchmark index’s value
It looked like the perfect target for copycat investors in China: a state-run agency armed with more than $400 billion to prop up share prices.
When the filings came in — showing China Securities Finance Corp. had taken major stakes in companies as part of its market-rescue effort — traders jumped to buy what they dubbed on social media as “the King’s favorite concubines.” Unfortunately for the copycats, an endorsement from the equity market’s savior has done nothing to ensure outsized returns. In fact, it’s just the opposite — the stock picks have trailed the broader market. The 46 companies that reported the agency as a top 10 shareholder in the past two months lost an average 29 percent since the announcement, versus a 21 percent drop for the Shanghai Composite Index.
The underperformance is a sign that the pace of China Securities Finance purchases is slowing as authorities become less concerned about an equity-market freefall. While the agency will remain in the market for years to come, it won’t normally step in unless there’s unusual volatility and systemic risks, the China Securities Regulatory Commission said on Aug. 14. Among the fund’s purchases were Eastern Gold Jade Co., a jewelry company, and Guangdong Meiyan Jixiang Hydropower Co., an investment firm.
“Market forces are now playing a larger role while the ‘national team’ is doing less,” said Ronald Wan, chief executive at Partners Capital International in Hong Kong. “It’s risky for investors to just copy the fund as the state has considerations beyond commercial reasons.”
…
China Stocks Jump in Last Hour of Trading on State Support Signs
Bloomberg News
September 15, 2015 — 6:39 PM PDT
Updated on September 16, 2015 — 1:18 AM PDT
China’s stocks surged after the Shanghai Composite Index slid below the key 3,000 level, with gains coming in the last hour of trading in a pattern that’s become associated with state support. A gauge of small-company shares rose by a record.
…
what level on the japanese yen must be defended at all costs to sustain borrowing in yen and then buying us treasuries, carry trade.
Risk appears to be the yen rising in value. BOJ seems to be keeping this trade alive by not allowing the currency to gain value. The yen is at around 120 / 1 now.
What level does the BOJ defend to keep hedge funds from going down and US treasury yields down?
Any guesses?
Fed intervention saved the U.S. stock market, so why not for China?
If so, it isn’t affecting our stock market. Seems to just be another meaningless blip that the masters of the universe already have figured out.
China is more important than Greece, which in itself was a near-complete nothing. Yet, discussions about the “importance” of Greece were all the rage in the MSM and elsewhere.
China deserves more play than Greece, but as usual, the MSM has gone considerably overboard. Events in China will not affect the USA all that much (unless China attempts to take over Taiwan).
Much more important is what is happening in and to the United States. The ongoing attempts to circumvent or dismantle Constitutional Law, contract law, money printing, lack of ethics and morals, credit. Short of war, what happens here will affect the world much more significantly than what happens in China.
Many are NOT okay with allowing the executive branch run roughshod over the population. Donald Trump and Ben Carson polling well on the right? Bernie Sanders polling well on the left?
What does that tell you?
The most important changes are happening HERE, not elsewhere.
Let’s say Sanders gets the nomination on the left. What does that signal to the rest of the world? How do they react? What does that signal is in store for the US economy? To the world economy?
Are you sure?
Ditto with Trump. What would his nomination signal?
Again, are you sure?
The accumulation of unserviceable debt is a moral failure. “An honest man pays what he owes” & etc. It has been a global orgy of credit expansion. China, and its whores, are very interesting because they carried the rolling orgy to their house last and there seems nowhere to take it from there. There will be no reform, especially not in the US, until the credit pyramid comes crashing down. It is too early for either of these hero types. There hasn’t been enough pain yet, especially not at the money/power centers.
JMO.
In the meantime, if you don’t enjoy the cost of everything you need to get by falling 10, 20, 40%, then what happens in China isn’t very interesting.
Have you placed your rate liftoff bets yet?
Yes. Sold bond fund a year ago….missed a nice rally….oh, well!
Opinion: Like 1937, it’s a bad time to raise interest rates
By Paul Brandus
Published: Sept 16, 2015 9:58 a.m. ET
These two presidents seem to have no issue with higher interest rates.
The economy’s on firmer ground. The unemployment rate’s way down, stocks are way up. It’s time for the Fed to raise interest rates to keep a growing economy from overheating—and while we’re at it, let’s raise taxes while cutting spending. That’ll help on the fiscal front. The liberal, two-term Democratic president in the White House — who inherited the devastating economic collapse from an incompetent Republican predecessor who was asleep at the switch—is on board with most of this.
2015 you say? No, no, no: 1937. But 2015 sure does feel like it did nearly eight decades ago, when economic and political conditions were eerily familiar to today’s. Here’s my fear: the Fed, Congress and Franklin Roosevelt made some really bone-headed moves in 1937—and the Fed, Congress and Barack Obama are about to do the same now.
…
That’s from MarketWatch dot com
Source: MarketWatch dot com
So…that means a world war in 4 years? Sounds like a deal to me. Trump’s finger will be firmly on the Launch Button.
After tonight’s sophomoric debate performance, his days as a candidate are numbered.
Diversity is our strength….
http://www.independent.co.uk/news/world/europe/teenage-girl-jailed-for-murdering-mother-after-watching-isis-beheading-videos-online-10502266.html
Diversity is the reason Trump will eat the other candidate’s lunch tonight. No one but him can say what they believe on immigration.
(Repub’s lack of) Diversity is the reason Trump will eat the other candidate’s lunch tonight
I’m lovin’ it. Trump’s shinin’ the light on the “real” Repubs.
Trump 2016
“Make America Grate Again”
If she’s attractive then she’s not guilty.
A more truthful headline would read
Crazy teenage girl kills mother.
I’m pretty sure a few hours in front of an ISIS video doesn’t create mother killers or we are all in trouble. More likely she was planning on killing her mother and wondered what it would look like or was looking for ideas.
“Multiculturalism” means opening up your nation to alien belief systems and ideologies. Along with the consequences of that.
http://www.dailymail.co.uk/news/article-3235062/Blonde-Danish-teenager-15-murdered-mother-kitchen-knife-watching-ISIS-videos-beheading-British-hostages-online.html?ito=social-facebook
“Multiculturalism” means opening up your nation to alien belief systems and ideologies. Along with the consequences of that.
It’s cool unless we include the Irish.
Blazing Saddles: “We don’t want the Irish.
https://www.youtube.com/watch?v=pWmf3Waio9E
Young Greeks, who like their Obama Zombie counterparts got duped by empty promises of “hope and change,” now realize they were sold a bill of goods.
http://news.yahoo.com/alexis-betrayed-us-young-greeks-turn-backs-syriza-092731543.html
Seems like with all the refugees, the Middle East should be Europe’s problem. It is much more immediate when you have people that can drive to your country.
Similar to the unaccompanied minors from down south that flooded into TX recently. I do not recall any euro nations stepping in to help us out with that.
You mean, you can’t print your way to prosperity?
http://www.businessinsider.com/standard-and-poors-cut-japans-credit-rating-2015-9
This can’t print your way to prosperity has yet to be proven. From what I see, it seems to have worked. While the economy isn’t great, everything seems to be puttering along again, house prices up, stock prices up. Everything working despite trillions being printed and millions on the dole.
Little fear out there.
Zimbabwe is phasing out its local currency, the central bank says, formalising a multi-currency system introduced during hyper-inflation. Local dollars are not used except high-denomination notes sold as souvenirs. But from Monday, Zimbabweans can exchange bank accounts of up to 175 quadrillion (175,000,000,000,000,000) Zimbabwean dollars for five US dollars. Higher balances will be exchanged at a rate of Z$35 quadrillion to US$1.’
We are sweating a .25 point increase. Lots of room to step on the breaks if inflation hears up.
“175 quadrillion (175,000,000,000,000,000) Zimbabwean dollars for five US dollars”
Why not state the exchange rate as 35 quadrillion Zmb dollars per $1? Is there some kind of optical advantage to showing $5 in the denominator? Or is the point that the exchange rate reflects transaction costs, and hence varies with amounts exchanged?
This is what QE on roids does to your currency.
Do you realize 1 japanese yen isn’t even worth 1 penny?
Sadder still, the US dime isn’t even worth a penny.
Do you realize 1 japanese yen isn’t even worth 1 penny?
The numerical value of a currency doesn’t mean much. What means everything is the buying power of what one earns.
Sadder still, the US dime isn’t even worth a penny.
That’s mostly irrelevant when those who used to make a penny are now making a dime.
Yes the middle-class not reaping the rewards of massively increased productivity and wealth, but that’s mostly the function of massive wealth and income inequality -not because the US dime isn’t even worth a penny.
It’s the debt.
The Real isn’t worth 50 cents.
It’s the debt.
No. It’s much more complicated than everything always boiling down to “it’s the debt”.
The Real isn’t worth 50 cents.
That makes my point. Why is the US dollar so strong compared to Brazil’s Real when USA’s external debt is 106% of USA’s GDP when Brazil’s external debt is only 15% of Brazil’s GDP. wiki
And USA’s net public debt is 88% of GDP compared to Brazil’s 35%. wiki
So your stock answer of “it’s the debt” does not explain the US Dollar’s strength and the Real’s weakness. The current economic problems in the world are not simply caused by debt.
BTW, I have US dollars too and am enjoying their newfound buying power in Brazil.
I purchased a few 100 Trillion Zimbabwe bank notes to give to my kids at the appropriate time (when they might possible grasp the concepts I’m trying to share about government control of their money).
Wake me up when the dollars the FED prints go to the middle class and creating jobs. As I understand it Zimbabwe just printed money on payday and handed it to employees.
Wake me up when the dollars the FED prints go to the middle class and creating jobs.
So I’ve benefitted from the stock market run-up and have directly invested (provided funding) for a startup which now has 8 full time employees. Does that count?
Buy physical gold, crush JP Morgan.
http://www.zerohedge.com/news/2015-09-15/comexodus-jpmorgans-vault-one-withdrawal-away-running-out-deliverable-gold
Will Scott Walker be the next Wall Street puppet to be jettisoned from the Establishment GOP clown car?
http://www.politico.com/story/2015/09/scott-walker-republican-debate-213664
Question:
Who here even knows the names of the candidates sitting in the Democrat clown car? Hillary and Sanders are both clowns…there’s at least three others.
Why don’t we hear about them?
Not a peep.
Why are the Democratic alternatives being silenced?
‘Why are the Democratic alternatives being silenced?’
The question of the day is why is the PRESS being silenced on the question and vetting of the Democratic Presidential hopefuls. Who are the real money wheeler and dealers behind the Democratic Party pulling the strings besides Soros.
Democrat clown car? Hillary and Sanders are both clowns…there’s at least three others.Why don’t we hear about them?
IDK why The Dem’s are so boring.
Because they aren’t destroying their party’s chances in the general election?
Because they’re not saying a bunch of dumb and hateful things?
Because they’re not insulting and alienating huge chunks of American demographics?
If you posit full liberal control of the media, I would guess that they are just letting the republicans make complete asses of themselves, while they let Hillary work through this email thing.
A primer on Syria (those refugees didn’t just rise up out of the ground).
http://www.moonofalabama.org/2013/09/a-short-history-of-the-war-on-syria-2006-2014.html
I managed to read two paragraphs of that badly-written essay. All I could get out of it is that everybody in the Middle East hates each other, and that there’s not much use trying to diagram who hates whom because it’s going to be different tomorrow anyway.
Which is why the U.S. has no business being there.
More manipulation in the paper gold markets.
http://investmentresearchdynamics.com/the-comex-is-one-big-lie/
This one goes out to ABQ Dan…wherever you are.
http://globaleconomicanalysis.blogspot.com/2015/09/chinas-art-of-propaganda-future-so.html
ABQ’s absence is interesting. Too bad he just doesn’t tell us his real story.
Why is it surprising? Would you stick around somewhere you were continually bashed/made fun of?
I’m surprised he stuck around as long as he did, to be honest.
He was living in the mania.
His feelings didn’t seem to get hurt until all his predictions were suddenly proven wrong. If there’s some miraculous recovery in China, I bet he shows back up.
His arguments were based mainly on official Chinese statistics, which were demonstrably false and non-credible. Quite a few BS detectors on the HBB got triggered, and we’re notably less tolerant of such touts and cheerleaders than the population at large.
The funny thing is, even the Chinese government knows that the data is garbage, which is why they look to things like energy production/consumption as better indicators than the “official” numbers.
Angela? Angela Merkel? Wherefore art thou? Awfully quiet these days, aren’t we, Mutti?
The German sheeple, like their ‘Murican counterparts, voted overwhelmingly to bend over and grab their ankles for the oligarchs by installing Merkel, a bankster/globalist water carrier. Much like their slack-jawed US counterparts, they are getting their own version of hope ‘n change.
Repost from yesterday, article notes the emergence of the two-tiered society, Denver turning into San Francisco or Boston:
http://www.bizjournals.com/denver/print-edition/2015/09/11/what-people-in-denver-earn-the-big-wage-squeeze.html
Chaffee County keeps looking better and better, Denver just isn’t worth it.
No one there can have kids because they dont make $200,000+ a year.
Realistically, you should make over $300,000 if you want to breed and live better than paycheck to paycheck. You don’t brush elbows with the Social Register set playing at the public golf course.
That’s about right.
Well, over $300,000 or below the poverty level. The middle class should just stop breeding altogether and disappear. They get in the way.
We have a middle class?
The middle class voted itself out of existence with its support for Clinton, Bush, Obama, and now HillaryJeb or one of the Establishment GOP clown car occupants.
‘playing at the public golf course.’ You got that right. There is a public course in West Dallas they just spent about $6M on to improve, it is ok. I generally walk 9 for $8 twilight with a sixer in the bag. Interesting part is that it is right next to a gun range. There are two greens that sit up kinda high directly abutting that range. Believe me, I get on those greens and hole out like nobody’s business!
I used to live between a golf course and a prison.
It had its pros and cons
Bill In L.A.
yadda yadda yadda….try the veal?
Buena Vista is a nice little town.
President Obama Orders Behavioral Experiments On American Public
“Can be used to design government policies to better serve the American people.”
by Daily Caller | Chuck Ross | September 16, 2015
President Obama announced a new executive order on Tuesday which authorizes federal agencies to conduct behavioral experiments on U.S. citizens in order to advance government initiatives.
“A growing body of evidence demonstrates that behavioral science insights — research findings from fields such as behavioral economics and psychology about how people make decisions and act on them — can be used to design government policies to better serve the American people,” reads the executive order, released on Tuesday.
The new program is the end result of a policy proposal the White House floated in 2013 entitled “Strengthening Federal Capacity for Behavioral Insights.”
According to a document released by the White House at that time, the program was modeled on one implemented in the U.K. in 2010. That initiative created a Behavioral Insights Teams, which used “iterative experimentation” to test “interventions that will further advance priorities of the British government.”
Wiki up Edward Bernays and you will learn that:
“Edward Louis James Bernays … was an Austrian-American pioneer in the field of public relations and propaganda, referred to in his obituary as “the father of public relations”. He combined the ideas of Gustave Le Bon and Wilfred Trotter on crowd psychology with the psychoanalytical ideas of his uncle, Sigmund Freud.
“He felt this manipulation was necessary in society, which he regarded as irrational and dangerous as a result of the “herd instinct” that Trotter had described.”
“Adam Curtis’s award-winning 2002 documentary for the BBC, The Century of the Self, pinpoints Bernays as the originator of modern public relations, and Bernays was named one of the 100 most influential Americans of the 20th century by Life magazine.”
Don’t get saucy with me Bernays.
Leftists once again attempting to once again control the behaviors of others.
I’ve brought this up before - that today’s leftists are determined to silence those who disagree with them.
They are as bad as the religious right. Worse, actually.
Now that Climate Change has been shelved as the modus operandi of control, something else is being attempted.
EnviroNuts = Religious fanatics. Reigning over the population via propaganda.
They even got you to say “once again” twice in the same sentence. Is there any limit to their powers?
Liberals made me devour my own feet!
EnviroNuts = Religious fanatics.
Did you just make that up or something? Saying EnviroNuts = Religious fanatics is a bogus comparison that borders on gross ignorance of the difference between the foundations of science vs religion. Example: There is no religion/faith involved in the following observations.
2015 and 2016 set to break global heat records, says Met Office
In-Depth-The Guardian-Sep 13, 2015
OSLO, Sept 16 (Reuters) - The amount of fish in the oceans has halved since 1970, in a plunge to the “brink of collapse” caused by over-fishing and other threats, the WWF conservation group said on Wednesday.
The Guardian
Arctic sea ice shrinks to fourth lowest extent on record
The Guardian - 2 hours ago
Sea ice concentration data for 11 September 2015, the fourth lowest extent on record. The yellow line shows the historical ice edge (median) for the same day
Tuna and mackerel populations suffer catastrophic 74% decline …
The Guardian-11 hours ago
Yellowtail and albacore tuna are becoming increasingly rare, as well as bluefin. Photograph: Brian Skerry/WWF. Fiona Harvey. Tuesday 15 …
Rio — speaking of climate change, are you affected by the drought in Brazil where you are? The extreme water shortage this year in São Paulo was both sad and disturbing to read about.
are you affected by the drought in Brazil where you are?
Yes, a few months ago there were water shortages. It’s better now in Rio. Like California, São Paulo better get a lot of rain this CA winter/SPaulosummer. It could get really bad.
Brazil today: Massive Drought, Massive political Scandal (left and right) and a worldwide busted commodity cycle.
When it rains it pours!
Frozen Out: 98% of Stories Ignore That Ice-bound Ship Was On Global Warming Mission
By Mike Ciandella | January 2, 2014 | 12:43 PM EST
A group of climate change scientists were rescued by helicopter Jan. 2, after being stranded in the ice since Christmas morning. But the majority of the broadcast networks’ reports about the ice-locked climate researchers never mentioned climate change.
The Russian ship, Akademic Shokalskiy, was stranded in the ice while on a climate change research expedition, yet nearly 98 percent of network news reports about the stranded researchers failed to mention their mission at all. Forty out of 41 stories (97.5 percent) on the network morning and evening news shows since Dec. 25 failed to mention climate change had anything to do with the expedition.
In fact, rather than point out the mission was to find evidence of climate change, the networks often referred to the stranded people as “passengers,” “trackers” and even “tourists,” without a word about climate change or global warming.
Chris Turney, the expedition’s leader, is a professor of climate change at the University of New South Wales. According to Turney’s personal website, the purpose of the expedition is to “discover and communicate the environmental changes taking place in the south.”
Three rescue attempts had been thwarted by growing levels of sea ice and weather conditions.
“Outside, blizzard conditions packing an abnormal amount of ice in to the area for this time of the year, summer in the Antarctic,” ABC News Correspondent Gio Benitez reported on “Good Morning America” Dec. 31.
On Jan. 2, all 52 passengers were airlifted to a nearby Australian icebreaker ship which had tried, and failed, to plow through the ice and free the Akademic Shokalskiy, on Dec. 30. “Good Morning America” said on Dec. 30, that “the ice could be as thick as 13 feet.”
According to Fox News, Turney admitted “we’re stuck in our own experiment.” They reported on Dec. 30, that a statement from the Australasian Antarctic Expedition said, “Sea ice is disappearing due to climate change, but here ice is building up.”
There was only one news story out of 41 that mentioned climate change. That was CBS “This Morning” Dec. 30. “Despite being frozen at a standstill, the team’s research on climate change and Antarctic wildlife is moving forward,” CBS News Correspondent Don Dahler said. That night, all three evening news programs still failed to make any mention of the group’s climate change research.
The MRC’s Business and Media Institute was unable to view a copy of CBS “Sunday Morning” for Dec. 29, so that broadcast had to be excluded from the tally.
Before their ship got stuck in ice, the researchers were following the trail of the explorer Douglas Mawson, who was stranded in Antarctica for more than a year, beginning in December 1912, according to the website about the expedition.
- See more at: http://newsbusters.org/blogs/mike-ciandella/2014/01/02/frozen-out-98-stories-ignore-ice-bound-ship-was-global-warming-missi#sthash.U3HP9meu.dpuf
Global Warming Alarmists Caught Doctoring ‘97-Percent Consensus’ Claims
James Taylor ,
May 30, 2013 @ 08:00 AM
Global warming alarmist John Cook, founder of the misleadingly named blog site Skeptical Science, published a paper with several other global warming alarmists claiming they reviewed nearly 12,000 abstracts of studies published in the peer-reviewed climate literature. Cook reported that he and his colleagues found that 97 percent of the papers that expressed a position on human-caused global warming “endorsed the consensus position that humans are causing global warming.”
As is the case with other ‘surveys’ alleging an overwhelming scientific consensus on global warming, the question surveyed had absolutely nothing to do with the issues of contention between global warming alarmists and global warming skeptics. The question Cook and his alarmist colleagues surveyed was simply whether humans have caused some global warming. The question is meaningless regarding the global warming debate because most skeptics as well as most alarmists believe humans have caused some global warming. The issue of contention dividing alarmists and skeptics is whether humans are causing global warming of such negative severity as to constitute a crisis demanding concerted action.
Either through idiocy, ignorance, or both, global warming alarmists and the liberal media have been reporting that the Cook study shows a 97 percent consensus that humans are causing a global warming crisis. However, that was clearly not the question surveyed.
Investigative journalists at Popular Technology looked into precisely which papers were classified within Cook’s asserted 97 percent. The investigative journalists found Cook and his colleagues strikingly classified papers by such prominent, vigorous skeptics as Willie Soon, Craig Idso, Nicola Scafetta, Nir Shaviv, Nils-Axel Morner and Alan Carlin as supporting the 97-percent consensus
http://www.forbes.com/…/ - 130k - Cached - Similar pages
May 30, 2013
Gee, Phony, you have to go back to 2013 and 2014 to find a couple of denier articles?
A ship got stuck in ice. That proves there’s no global warming.
Comment by phony scandals
2015-09-16 09:00:59
Global Warming Alarmists Caught Doctoring ‘97-Percent Consensus’ Claims
forbes.com/sites/jamestaylor/2013/05/30/global-warming-alarmists-caught-doctoring-97-percent-consensus-claims/
“Gee, Phony, you have to go back to 2013 and 2014 to find a couple of denier articles?”
Henry Paulson, Michael Bloomberg and hedge fund manager Thomas Steyer and the rest of the 0.1% appreciate your support and your usefulness.
Latest Climate Change Report Paints Dire Picture For Business
June 24, 2014 5:07 AM ET
The U.S. economy faces great risks from climate change, according to a new study that focuses on the current and future effects of climate change on everything from jobs, to crop yields, to energy production.
The study is called “Risky Business”, and the driving force behind it is a bipartisan group of prominent former businessmen and public officials: entrepreneur and former New York Mayor Michael Bloomberg; retired hedge fund manager Thomas Steyer; and Henry Paulson, a former Wall Street titan and Treasury secretary under President George W. Bush.
Paulson proposes a tax on carbon emissions that scientists say are causing climate change, to provide an incentive to wean the economy off carbon-based fuels.
“A carbon tax is one way of putting a price on this pollution, one way of letting the market operate,” Paulson says.
http://www.npr.org/…/latest-climate-change-report-paints-dire-picture-for-business - Similar pages
The greatest efforts being made to change the behavior of American comes from big business, which spends vast amounts of money on advertising to convince people to buy crap that they don’t need.
All I have to say is F…..obamao!!!
All his crap makes my brain hurt.
At that level, its all about herd management.
Advert on top of the Drudge Report warns that the End Times are closer than you think:
http://www.davidjeremiah.org/site/agentsofbabylon/presale.aspx?tid=drudge_ad-think-300250
Well if that doesn’t convince you that we needed to launch a ground invasion of Iran five minutes ago, I guess nothing will.
American taxpayers and voters you are being manipulated and lied to.
Apocalyptic death cultists World Net Daily warns that ISIS is back in America, the most obvious solution to which is to vote for the candidate that Sheldon Adelson purchases:
http://mobile.wnd.com/2015/09/isis-were-back-in-america/?cat_orig=us
“This sucker could go down” — George W. Bush
Apparently all this Sheldon Adelson stuff is just hooey:
https://www.washingtonpost.com/news/volokh-conspiracy/wp/2015/09/09/sept-11-is-responsible-for-overwhelming-gop-support-for-israel-not-sheldon-adelson/
http://nymag.com/daily/intelligencer/2015/09/sheldon-adelson-is-ready-to-buy-the-presidency.html
Wow, an Israel ass-kissing article from the Washington Post. Imagine that.
Can’t buy Trump.
Let’s hope it stays that way. He can certainly turn down the obvious lobby money, but I don’t see how he can continue without using the GOP machine or other campaign infrastructure. Maybe set up his own corporation… and then if he loses, can “take advantage of the laws of this country.”
Washington Times, published by the Unification Church (yes, the Moonies) warns Iran giving nukes to North Korea:
http://m.washingtontimes.com/news/2015/sep/15/brennan-us-watching-nukes-cooperation-iran-n-korea/
Lions and tigers and bears oh my!
William Kristol’s Weekly Standard laments lack of borrowing and death to launch more trillion dollar wars in the Middle East, advocates launch of ground invasion in Russia:
http://m.weeklystandard.com/blogs/seventy-years-us-middle-east-policy-overturned_1031231.html
Neocon is a failed ideology, get over it.
Who is ugliest: Carly Fiorina, or The Donald?
Watch the next Republican candidate debate to find out!
As reported by real journalists at the Washington Post:
http://www.washingtonpost.com/politics/alongside-trumps-campaign-activist-clashes-are-growing-uglier/2015/09/15/7e3a27fb-8d53-4444-93e1-01f5776394da_story.html
I’m looking forward to the debate next month in Boulder. Every white supremacist will be inside the venue cooped up with a few thousand libtard CU students, and on the streets outside thousands of La Raza, Black Lives Matter, and rich self-hating white Social Justice Warriors. Six more weeks of Trump from now and that place will be a tinderbox for riots or a race war, LOLZ. Got popcorn?
A race riot in Boulder? Will all three black people there be involved?
I’ve numerous posts saved displaying past one-sided political commentary. Dozens of them.
Dozens of them.
That generate dozens of responses and extensive discussion and debate.
Do you know why nobody replies to you? Because you’re boring.
Why do you spend your time “saving posts”? Seems kind of weird.
Macbeth I don’t respond to you because I mostly agree with you so I have nothing to add, not because you are boring.
You gotta go full shrieking tree monkey if you want replies.
I dunno bout that. I get donked just for saying good morning.
Honk honk to The Donk.
Doesn’t sound much different than The End of the World is Near propaganda campaigns by the climate change/big government sect.
Interesting how people choose to believe in one propaganda-driven false ideology yet reject another.
I say reject both. Then, go live your life.
Interesting how people choose to believe in one propaganda-driven false ideology yet reject another.
Check out what these three things are. It might clear some things up.
re·li·gion
the belief in and worship of a superhuman controlling power, especially a personal God or gods.
mathematics definition. The study of numbers, equations, functions, and geometric shapes (see geometry) and their relationships….characterized by use of strict proofs based on axioms.
sci·ence
the intellectual and practical activity encompassing the systematic study of the structure and behavior of the physical and natural world through observation and experiment.
When the Jesus nuts can show me stuff on the scale of rapidly shrinking glaciers, I’ll give their game another look.
It will be too late.
A lot of Doomer Porn false prophets made bank off selling their sky-is-falling Shemitah and Blood Moon hokus-pokus to the “End of Days” mouth-breathers. September 13 came and went, and no cataclysm that I noticed, just our usual slow-motion slide into IDIOCRACY.
Warmist Warming Wednesday (bigger government, more regulations, higher taxes, because you know that’s coming). I’m not here to debate the alleged “science” of this, and I am very proud of my extensive carbon footprint, but warmists are gonna warm. That’s what they do.
http://www.theguardian.com/environment/2015/sep/16/arctic-sea-ice-shrinks-to-fourth-lowest-extent-on-record
And now back to your regularly scheduled Drudge Report links.
It is dishonest to say the pack ice is “shrinking” when it is being blown about by wind and current and observers are silent about density.
meanwhile…
https://www.nasa.gov/content/goddard/antarctic-sea-ice-reaches-new-record-maximum
The right way to look at polar ice is total volume. Total ice area doesn’t tell the whole story if the ice is much thinner. An honest appraisal of the polar ice is the total volume is trending down in the long term but has been going up in the short term.
http://psc.apl.uw.edu/wordpress/wp-content/uploads/schweiger/ice_volume/BPIOMASIceVolumeAnomalyCurrentV2.1.png
It is dishonest to say the pack ice is “shrinking” when it is being blown about by wind and current and observers are silent about density.
But it’s “honest” to imply wind blowing around “dense” ice could negate the thousands more indicators that show sea level is rising along with the temperatures? I see.
The Arctic ice is not necessarily “dense”. It can be solid sheet and also includes areas of small pieces bobbing around. The extent is influenced significantly by currents and wind. This is well documented.
NASA scientists cannot be excused for failing to mention a significant independent variable. By doing so their message is discredited and misleading.
NASA scientists cannot be excused for failing to mention a significant independent variable.
But it looks like NASA takes those variables into account.
National Snow and Ice Data Center
On September 11, Arctic sea ice reached its likely minimum extent for 2015. … However, a shift in wind patterns or a period of late season melt could still push …. edge was slightly improved by adopting an improved residual weather effect filter. … A new paper by Ron Kwok at the NASA Jet Propulsion Laboratory shows that …
Arctic Sea Ice - NASA Earth Observatory
earthobservatory.nasa.gov/…/SeaIce/page3.php
NASA Earth Observatory
Polar sea ice grows and shrinks dramatically each year, driven by seasonal cycles. ... Arctic Oscillation are the same phenomenon or different but related patterns. … These changes influence the strength of the prevailing westerly winds and …
2015 Arctic sea ice maximum annual extent is lowest on …
climate.nasa.gov/news/2256/
NASA
Mar 23, 2015 - At 5.61 million square miles, this year’s Arctic sea ice maximum extent was the smallest on … More from NASA’s Earth Science Vizualization Studio. … This type of ice is thin and at the mercy of which direction the wind blows: warm winds from the … NASA to study Arctic climate change ecosystem impacts.
NASA - Arctic Sea Ice Hits Smallest Extent In Satellite Era
http://www.nasa.gov/topics/earth/features/2012-seaicemin.html
NASA
Sep 19, 2012 - This visualization shows the strength and direction of the winds and their impact on the ice: the red vectors represent the fastest winds, while …
Antarctic Sea Ice - NASA Earth Observatory
earthobservatory.nasa.gov/…/SeaIce/page4.php
NASA Earth Observatory
Polar sea ice grows and shrinks dramatically each year, driven by seasonal cycles. … To study patterns and trends in Antarctic sea ice, scientists commonly divide the … These changes influence wind speeds, temperature, and the track that …
Given that a Fed decision to punt on rate hikes is “in the bag,” why are stock traders so glum?
Could it reflect an accidental signal by the Fed that the economic outlook is less rosy than advertised?
The stock market is a Ponzi waiting to implode. There is virtually no trading volume, and HFT algos are just pushing stocks back and forth. The retail investor herd is belatedly realizing they’ve been set up to be bag holders and are pulling their money out of equity funds. The market won’t move again until Yellen announces a new counterfeiting binge.
German Government to the citizens of Germany…bend over and take it!
http://www.infowars.com/ex-stasi-agent-hired-to-censor-xenophobic-facebook-posts/
I think xenophobia is the only thing that will save Europe at this point. Thank god for what’s left of our Bill of Rights.
Europe is a victim of its own suicidal ideology. I hope when they flee their once great continent we do not let them in to our country as refugees. As California has taught us, when progressives flee the areas they have destroyed, they bring their failed politics with them.
I was in California a few weeks ago. It didn’t appear as if it had been destroyed. Though the traffic in the Bay Area was a hassle.
As California has taught us
California leads the nation in GDP and venture capital start-ups.
Meanwhile, in Kansas, a hospital shuts its doors partially because Kansas thumbed its nose at ACA and federal Medicaid assistance. Now the Kansas GOP is taking a “second look.” If there’s lessons to be learned from a failed state, it’s Trickle Down Kansas.
Meanwhile the Californian middle class flees the state in droves because it’s been priced out forever and then votes to turn their new home state into a California clone. They’re chasing the Goon out of Denver even!
I don’t quite follow your logic. Unaffordable houses and gentrification of urban centers across the nation is caused by Dem-leaning Californians? Oh. Silly me, I thought it was QE and ZIRP that did it…
Last week someone wrote that it was high income people who were leaving California.
The rich are being priced out.
To Goon.
I work in tech, I have more knowledge of the internet in one cell than most have in their whole bodies. I have nothing to hide but my real name, if I wanted to bounce off a few proxies, I could. Don’t need BLM, CPUSA, CAIR and La Raza members at my crib.
Since my very creative alias was hijacked, I went back to the old standard, and my truth is still as strong as kryptonite.
The neocon tobacco lobbyist with the Mr. T fetish? At least I can say that you’re never boring. And as much as I’d love to stick around and chat, I need to get back to work on this:
http://www.picpaste.com/20150916_012116.jpeg
Let me guess, you’re on the quality control team
“I work in tech, I have more knowledge of the internet in one cell than most have in their whole bodies.”
That’s quite a statement; facetious I hope.
Breitbart dot com (Andrew Breitbart was murdered under direct orders from King Obama) reporting Soros-backed, Bush-led immigration group plans attack ad for CNN debate.
This is who the globalists are, that is what the globalists do.
I’d rather drink a beer that tastes like a beer than drink a beer that tastes like a corporation:
http://www.marketwatch.com/story/sabmiller-gets-takeover-approach-frm-ab-inbev-2015-09-16-84854154
Ben Jones, Great American Beer Festival, Falling Rock Taphouse on Blake Street, be there!
Slurm! It’s highly addictive!
All sectors of the economy will be run by an oligopoly of 2 or three companies.
There is no way to make more money for most of these companies.
The middle class is shifting more and more of their spending from wants to needs. In order for these big companies to increase profits they need to slash spending on employees, merging with the competition helps with this.
Does capitalism work when a couple companies run 90% of the market sector they are in. When they have the resources to buy up government to strangle competition.
See cable companies for the answer to the above question.
Americans trust the military most. 29% are ready for a coup. Ready for fascism?
Summary: Americans’ support for key institutions of the public collapses, as we trust only the military and police. We don’t need to ask Nostradamus; we can easily see the possible consequences — if we thought about it. Internet discussions might not be the only thing that ends with fascism (Godwin’s Law), or some other form of tyranny.
First, the bad news
Gallup’s annual Confidence in Institutions poll shows that Americans’ support for the institutions of the Republic and our elected officials have been falling for generations (their first poll was 1973) — except for police (the second most trusted) and the military (#1). For details see Gallup warns us to prepare for fascism!
A YouGov poll on September 2-3 confirms these findings, with more detail. Ugly details.
Then comes the worse news
The YouGov poll shows that 29% of Americans can imagine a situation in which they would support the military seizing control of the federal government. Potential support for a coup is strongest among males, among whites, and among Republicans.
http://fabiusmaximus.com/2015/09/15/yougov-poll-warns-of-fascism-89438/
Weird these WT trailer dwellers love the military and then turn around and accuse it of mobilizing to invade and seize Texas during the Jade Helm exercise… these 29%’ers consume a lot of aluminum foil, apparently.
I was told by this crowd that Jade Helm tanks would be rolling through my neighborhood. I don’t recall seeing a military presence anywhere during the exercise. I guess the citizen militias kept them in check!
Yes, if it wasn’t for the Texas patriots Obama would’ve confiscated all the guns and given them to ISIS.
If you smell something say something.
Probably just a matter of time before some useful dipsh#t calls the authorities complaining about his pets smelling like a burger and the SWAT team goes over the back fence and takes down the offending Dad standing at the Weber.
EPA targets backyard barbecues
March 16, 2015 By Katie 75 Comments
But enjoy your barbecue-grilling freedom while you still can — the Environmental Protection Agency is looking to regulate backyard barbecues:
The agency announced that it is funding a University of California project to limit emissions resulting in grease drippings with a special tray to catch them and a “catalytic” filtration system.
The school said that the technology they will study with the EPA grant is intended to reduce air pollution and cut the health hazards to BBQ “pit masters” from propane-fueled cookers.
- See more at: http://americanlibertypac.com/2015/03/epa-targets-backyard-barbecues/#sthash.SLg9Tfz1.dpuf
So instead of emitting that delicious burger aroma, grills will smell like bunny farts.
No, unicorns. And pink ones at that!
Ex-Stasi Agent Hired to Censor “Xenophobic” Facebook Posts
German government cracks down on dissent against migrant influx
by Paul Joseph Watson | September 16, 2015
The German government and Facebook are working with an organization led by an ex-Stasi agent to oversee a new program that will identify “xenophobic” posts made on the social networking website and punish people who make them with fines and jail sentences.
The German Minister of Justice Heiko Maas met with Facebook this week to form a special task force that will work to remove comments from the website that “call for hatred” against migrants.
The organization will be overseen by Network Against Nazis (Netz gegen Nazis), a group led by left-wing activist Anetta Kahane.
Although Kahane now describes herself as an “anti-racist,” she was intimately involved in another dark period of German history, working as a Stasi informant under the codename “Victoria” from 1974-1982.
The Stasi, which liaised with the Soviet KGB, was the official secret police of the former Communist government of East Germany. Its role was to spy on the population and to use its vast network of informants to hunt down political dissidents. Numerous Stasi members were prosecuted for their crimes after the fall of the Berlin Wall in 1989.
Last week, Chancellor Angela Merkel vowed to tackle “racist” comments made on social media sites, describing them as “sedition” and demanding that Facebook take action.
“25 years after the German reunification, former DDR citizens, along with their West German brothers and sisters, are to be monitored by former Stasi cadres,” notes the German website PI News.
A report in Bild also confirms that ‘Network Against Nazis’, led by Kahane, will be involved in monitoring Facebook for “racist” and “xenophobic” comments, as well as “refugee-baiting” remarks.
Those found guilty will be hit with fines of around €5000 euros or 120 days in prison.
Coming soon to an America near you?
Low down payment leads to negative equity leads to default. It ain’t just subprime that’s the problem. With all these practically zero down loans in the last few years what happens ?
http://www.bloombergview.com/articles/2015-09-14/turns-out-the-housing-crisis-wasn-t-all-about-subprime
Personally I don’t agree with industry “analysts” that size of down payment is a good indicator of future default risk. At best it’s a secondary factor. The prime factor in my view is employment. Most — but not all — people who have a good job and steady income will keep making payments even if they are upside down.
The concept of steady long-term employment died a long time ago. This, I believe, has caused collateral damage to the housing market because there’s a hesitation to commit to a house if you don’t know if you’ll be working at the same job 5 years from now. Thus the rise of renting.
I think there are two things at play:
1. Risk that the borrower can’t pay the mortgage;
2. Risk that the lender doesn’t get their loan repaid in full.
I agree with you that employment is the primary factor for #1.
However, down payment size is clearly more important for #2, which is what lenders really care about.
Incorrect.
Paying current asking prices which are 2x-3x higher than long term trend is the fundamental issue that is leading to rising delinquency and default rates.
The mortgage is too DANG high!!
buy stocks and homes , aka risk assets, cause central banks have eliminated risk
Fixt.
buy stocks and homes , aka risk assets, cause central banks have eliminated
riskdemand.<Remember….. I can ask $50k for my 12 year old Chevy pickup but where is the buyer at that price?
So it is with all depreciating assets.
Happy Mexican Independence Day!
Right back atcha
Scene from GOP Debate No. 2:
Moderator: Ms. Fiorina, as a businesswoman, how many jobs did you create?
Fiorina: That’d be negative 30,000, Bob.
Moderator: Okay, other than jobs then, did you create value while at Hewlett Packard?
Fiorina: Well, yes. The day I left HP the stock went up 7%. Oh, and with my CEO stock options and golden parachute, I left with a $21 million check. This is what I love about America. We have the freedom here as CEO to milk our corporations for personal gain, succeed or fail. Is this a great country or what?
Fiorina ran HP into the ground. She would do the same to America, but Obama beat her to it.
Spy on Your Customers… or Else
All citizens are considered criminal suspects
by Mark Nestmann | LewRockwell.com | September 16, 2015
Do you distrust the banking system? Prefer to do business in cash? Complain about the encroachment of Big Brother into every facet of your life?
If you answered “yes” to any of these questions, you’d better watch out. You’re a “person of interest” – and a growing number of businesses must report your “suspicious activities” to the feds. If they don’t, they can be fined and the responsible parties even imprisoned.
These requirements originated in a law called the “Bank Secrecy Act” (BSA). Of course, this Orwellian law has nothing at all to do with protecting bank secrecy. Indeed, the BSA has all but eliminated confidentiality.
What exactly is suspicious? According to official Treasury guidance, suspicious behavior includes:
Paying off a loan;
Objecting to completing Currency Transaction Reports (required for transactions over $10,000);
Changing currency from small to large denominations;
Buying cashier’s checks, money orders, or travelers’ checks for less than the reporting limit $10,000 for a cash transaction);
Making deposits in cash, then having the money wired somewhere else; and
Withdrawing cash without counting the cash first.
But FinCEN’s suspicious transaction reporting rules are just the tip of the iceberg. For instance, official guidance from the FBI and other government agencies indicate that all of the following actions make you a terror suspect:
Making aninter-library loan requestfor “The Little Red Book” by former Chinese communist leader Mao Tse-Tung;
Owning asuspicious cat;
Wearing apolitically provocative shirt;
Searching online for apressure cooker and backpack;
Putting a “Do not disturb” sign on the door to your hotel room;
Making politically inflammatory remarks when getting atattoo;
Attempting toshield your computer screenfrom the viewing of others;
Expressing frustration with“mainstream ideologies”; and
Storing more thanseven days of foodin your home.
Then there’s the “drug courier profile” developed by the Drug Enforcement Administration (DEA). The following profiles are all court-approved reasons to search you and your property:
Having a pale or dark complexion;
Having a Hispanic appearance;
Being between the ages of 25 and 35;
Acting too nervous or too calm;
Carrying $100, $50, $20, $10, or $5 bills;
Wearing casual clothing;
Wearing perfume;
Having window coverings on your personal residence;
Buying a one-way or round-trip airline ticket; and
Being among the first, last, or middle group of passengers off of an airplane.
As Richard Miller expressed in his landmark book, Drug Warriors and Their Prey,
Being a citizen is sufficient cause to suspect a person of criminal conduct, thereby constricting civil liberties protections for that person. That situation is hard to distinguish from the legal status of citizens of Nazi Germany.
In a world that views virtually everything you do as suspicious, there aren’t a lot of options to protect yourself. Indeed, simply by expressing your interest in privacy, asset protection, precious metals, or any of the other topics I cover routinely, you’re likely on one government watch list or another already.
However, you can take steps to avoid having a bank or other financial institution – including an investment manager – file an SAR on you. If you’re considering doing anything out of the ordinary in your account, talk to an officer at the bank, brokerage, or other financial institution first. For instance, you might want to let someone know before you pay off a loan or make or receive a large transfer.
If you have a reasonable explanation for the transaction, it’s much less likely to set off an alarm. And in a country in which all citizens are considered criminal suspects, that’s definitely something you want to avoid.
Storing more thanseven days of foodin your home.
So everyone who shops at CostCo or Sams Club is a suspect now?
Hmmm, a lot more of my renters pay cash than they did 10 yrs ago. I guess they don’t like checking accounts. The more organized renters have the bank mail me a check. I use the 20s for grocery store purchases, restaurants, and paying my “adopted” kids and grandkid for helping with chores around the house.
I’ve started the habit of taking whatever $100 bills I may receive to pay extra on the principal on one of my remaining loans. I love the randomness of it. But I wonder if that makes me suspicious.
Plus I have an auspicious cat.
Taken from the comments section of a CNBC article about why there isn’t a housing bubble in the US (too funny not to share):
“My friend is a Realtor. She was formally a Mary K salesperson, used car salesperson, Yoga instructor, Life Coach, and Loan Modification expert. Now she took a 2 week class and is an expert on housing. She drives an S500, makes 20k a month, has 3 cell phones, and talks down to everyone in sight. This is a sign that the apocalypse is coming and a big ol bubble pop.”
click
Here’s an interesting clip that SH, Goon, Xfixer and really any man or woman should watch.
The Disposable Man
https://www.youtube.com/watch?v=ov58o2xJqu0
Also check out this one:
The Female Ego
https://www.youtube.com/watch?v=BDJ1NitgmLA
Not misogynistic just sobering unless you’ve already taken the Red Pill
massive.appraisal.fraud.
just buy risk assets because they are too big to fail.
Central banks around the world have been printing like crazy trying to keep it all going. It is all too big to fail now.
Resulting in collapsing demand. Data my friend.
US Housing Demand Plummets To 20 Year Low
http://2.bp.blogspot.com/-KyKUMwdE-XM/VKyMSSkKWQI/AAAAAAAAh3g/1S34dvEao2s/s1600/MBAJan72015.PNG
I think today is Constitution Day is it not?
The Constitution is a dead letter. If you voted for Bush, Obama, McCain, or Romney, you were an accessory to its demise.
With the world literally on fire, females and emasculated males will place more emphasis on voting for the heath of the Vajayjay then real life affecting issues like staying alive, financial survival and liberty.
Relax, dude.
If you like your wang, you can keep your wang.
HP creating “shareholder value” by jettisoning living-wage jobs.
http://www.marketwatch.com/story/h-p-shares-rally-after-company-announces-big-job-cuts-2015-09-16?link=MW_home_latest_news
Gold moved up nicely today in advance of a new counterfeiting binge by the Fed.
http://www.kitco.com/market/
‘Murica!
http://libertyblitzkrieg.com/2015/09/16/welcome-to-america-14-year-old-texas-student-arrested-for-building-a-homemade-clock/
Diversity is our strength….
http://www.dailymail.co.uk/news/article-3236542/British-ISIS-jihadist-former-supermarket-worker-moans-Islamic-State-fighters-not-knowing-QUEUE-using-phone-charger-latest-self-pitying-blog-post.html
gargantuan.gse.coverup.
Ditto: Dubya’s “off_balance_sheet_wars”
http://www.zillow.com/homes/for_sale/Odessa-TX/fsba_lt/house,mobile,land,townhouse_type/80050378_zpid/6286_rid/32.144222,-101.767045,31.407568,-103.024979_rect/9_zm/0_mmm/?3col=true
in oil city Odessa Zillow suddenly has no prediction on prices ???
How’s that hope ‘n change working out for you, Obama Zombies?
http://www.zerohedge.com/news/2015-09-16/obamas-recovery-just-9-charts
Fine for me as an investor and part of the 95% that got tax cuts.
Bad for the ACA crap I signed up for.
Good for getting gov spending back in line after 2009.
Bad for not putting wall st bankers in jail
Bad for not Jailing Cheney.
I give him a B-, but congress gets an F.
That’s interesting, Ray. Most of those charts only go to 2012 or 2013. If a Zerohedge reader saw that on an MSM website, he’d probably quickly assume that the person compiling the data was leaving out some good data from the last two or three years in order to distort the president’s record. In this case it’s probably just laziness on the part of Mr. Durden.
Coconut Grove/Miami, FL Housing Prices Crater 13% YoY
http://www.zillow.com/miami-fl-33133/home-values/
Another neo-con “mission accomplished.”
http://www.zerohedge.com/news/2015-09-16/total-failure-pentagon-spends-41-million-training-four-or-five-syrian-fighters
watching the debate:
Just ask yourself:
“What will that cost”
and
” how do you do that and cut taxes?”
neo-cons bite. Where is less spending and smaller gov?
Don’t be a Liberace.
More Syrian refugees headed for the US. Be sure to thank your Republicrat “representatives.”
http://news.yahoo.com/un-ambassador-samantha-power-us-resettle-more-refugees-225959085.html
“More Syrian refugees headed for the US.”
+1 We need more Astronauts and Cardiothoracic Surgeons.
golly , I hate Saudi Arabia!
The Bush family appreciates the Saudi financial support.
Chile earthquake: massive 8.3 magnitude tremor strikes Santiago …
The Guardian-2 hours ago
8.3? 8.3?? This could be very, very bad.