September 25, 2015

Bits Bucket for September 25, 2015

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Comment by Professor Bear
2015-09-25 00:37:46

Is your personal investment strategy stuck in a nervous zone?

Comment by Jingle Male
2015-09-25 02:47:03

It is a nervous time. That is why I am hedged and have some cash on hand. Market up, market down, it is important to be prepared. I’ve locked up some gains for a couple of years no matter which way the market moves.

Comment by Mafia Blocks
2015-09-25 04:27:17

You’re a degenerate gambler Jingle_Fraud.

Comment by Blue Skye
2015-09-25 04:54:31

It is a nervous time…

Debt will do that.

Comment by azdude
2015-09-25 05:14:35

the markets are back to hinging on yellen’s every word about the next fed meeting. this is a total joke.

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Comment by Raymond K Hessel
2015-09-25 07:25:56

The pressure of constant dissembling and trying to forestall the financial reckoning day seems to be getting to Yellen the Felon.

Comment by Professor Bear
2015-09-25 07:53:22

By repeatedly threatening to raise rates but not following through, is the Fed increasing the prospect of a massive stock market crash when they eventually “surprise” the markets by actually doing what they say they are going to do?

Comment by Professor Bear
Comment by Professor Bear
2015-09-25 07:58:17

Is it bullish when the Fed chair stumbles in a speech?

Watch: Yellen stumbles toward end of speech at Amherst
Published: Sept 25, 2015 9:50 a.m. ET

Comment by salinasron
2015-09-25 06:43:17

“Debt will do that’

No having a corrupt government and banking system that has access to your assets does that.

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Comment by CountryClubberLang
2015-09-25 05:25:42

Too many day traders here.

Comment by Professor Bear
2015-09-25 08:05:39

Need to Know
If you’re in denial about this stock market, you’re in danger
Published: Sept 25, 2015 9:44 a.m. ET
Critical intelligence before the U.S. market opens
Good to the last drop?
By Shawn Langlois
Markets reporter

Janet Yellen didn’t go full-on BMW CEO on us, but she did have a scary moment on stage at the University of Massachusetts, Amherst, last night, when dehydration got the better of her. At least momentarily. She toughed it out and carried on with her evening schedule.

The stock market isn’t only vulnerable to Yellen’s words, but also somewhat vulnerable to her health, if our chart of the day’s depiction of the reaction in the futures market is accurate. Go ahead and blame it on the algorithms (see below for more that).

Once word broke that she was OK, futures recovered, and Twitter, where there’s really no such thing as “too soon,” jumped into action:

Any sort of fears — rate hikes, health or otherwise — seem to be gone as stocks futures are cruising up nicely early on. Looks like that string of three straight sessions of losses could come to an end just in time for the weekend. Everything is fine now, right? Wrong, says Charles Hugh Smith of the Of Two Minds blog.

You’d have to be in full denial mode not to see that it’s getting ugly out there in global markets: currencies are melting down, trade and shipping are tanking, commodities are swooning and global stock markets are increasingly on central-bank life support,” he wrote.

Comment by Goon
2015-09-25 03:48:52

Ben Jones is in Denver right now, I got to buy the man some beers yesterday and discuss all manner of things HBB. Enjoy your visit to my city and the Great American Beer Festival!

Comment by azdude
2015-09-25 05:16:04

nice glad to see he gets to meet some of the people here. I hear denver area has a lot of great craft breweries.

Comment by 2banana
2015-09-25 05:31:39


2banana’s favorite bubble city.

Comment by Mafia Blocks
2015-09-25 06:12:21

Ben Jones physical presence isn’t necessary to live in the empty skulls of debtors, rent-free.

Comment by Jingle Male
2015-09-25 07:23:47

Despite the ongoing housing recovery, there’s a significant chance that your house has fallen in value since last year……

Unless you live in Denver: Only 1.5% of houses there dropped in value from last year.

Comment by Mafia Blocks
2015-09-25 07:45:01

Remember….. A ‘housing recovery’ is falling prices to dramatically lower and more affordable levels by definition.

Comment by Professor Bear
2015-09-25 08:07:19

Through early June 2015, a similar comment could have been made about the percent of Chinese company stock prices that dropped in value from last year.

Comment by Ann Gogh
2015-09-25 07:55:46

I was in palmetto last week! Hi palmy!

Comment by palmetto
2015-09-25 09:14:16

Hi, Ann! Lol, I don’t live in Palmetto specifically, but I do live just north of it, over the Manatee-Hillsborough County line.

Comment by The Order Of The Golden Chainsaw
Comment by Goon
2015-09-25 05:20:22

That’s racist.

NPR reporting today that Israel will now permit using sniper fire to respond to rock throwers.

And remember, “they attacked us on 9/11 because they hate our freedoms.”

Comment by 2banana
2015-09-25 06:48:09

How are the slave markets doing in eastern Syria?

I also hear there is a bumper crop of suicide bombers this year.

Those youngins - they blow up so quickly.

Comment by The Order Of The Golden Chainsaw
2015-09-25 14:35:17

Has ISIS ever attacked Israel or Israeli interests?


Comment by Blue Skye
Comment by CountryClubberLang
2015-09-25 05:31:28

Falling stack of Dominos is Bernie Sanders campaign once the establishment PTBs decide to pull the plug. He’s just there to make Hillary (or the establishment’s other boob Biden) look less extreme by comparison. He is very much in their control.

Heads they win, tails you lose.

Comment by TIN ROOF...rusted
2015-09-25 05:05:34

Note regarding healthcare in Vietnam: we were involved in a pothole and loose gravel motorbike accident yesterday in Tuy Hoa, a small beach town between Da Nang and Nha Trang. There are five hospitals in a spread out city of 250K. I have no insurance.

ER…no forms, no waiting. Four stitches for another hole in my head. CT (brain) scan, quite a bit of road rash clean-up, tetanus shot, and meds: $45.

My gal had four scrapes. We were out of there in an hour.

I’m still astounded at all the new infrastructure and building going on. Maybe it’s a bit like California…seventy years ago.

Comment by 2banana
2015-09-25 05:32:47

Did you tell them about obamacare?

Comment by CountryClubberLang
2015-09-25 05:33:16

What’s the welfare like in Fietnam for those who have babies but don’t work?

Comment by CountryClubberLang
2015-09-25 07:34:08

Wow, why would autocorrect change it to Fietnam? Fiatnam may be my next screen name.

Comment by palmetto
2015-09-25 05:34:03

Sounds like the place to be, as long as China doesn’t develop an interest in annexing it.

Ever since Vietnam started exporting goods, I have been very impressed with the quality and craftsmanship of the furniture. And the woods they use, amazing. Puts the Chinese junk to shame.

Comment by TIN ROOF...rusted
2015-09-25 07:11:27

I knew nothing of Vietnam when I randomly landed here but I’m learning.

China has already annexed the disputed Spratley and Paracel islands. Adding more land to the islands, the airport runways are already in place. China has oil rigs off the VN coast. And now this:

They are trading partners but Vietnam and it’s people are very afraid of China.

Imho that was the reason for the VN war in the first place: oil off the coast and other resources…during the war the CIA operated ruby and sapphire mines—in NORTH Vietnam.

Most of the furniture here is very heavy hardwood.

BTW a little trivia…Ho Chi Minh lived in Harlem and was a cook in NYC. VN is the number two exporter of rice and number one exporter of cashews (they’re still damn expensive here though) in the world.

Palmy, I don’t know about the Agent Orange situation, we stick to the beaches. But on the buses, trains and in the big city, I wear a mask…some nasty coughs out there. Most people never have any inoculations since birth. I’ve noticed and know a couple of people with polio.

I expect my life expectancy will drop a few years if I continue to live here…but it’s a trade off I guess. I’m not very proud to be an American these days.

Comment by palmetto
2015-09-25 07:55:41

Thanks, Tin Roof. I understand how you feel about being an American, but always, always remember, there is Washington, and there is the US. Washington has been the occupation government of the US for a long time.

Despite Ray K’s comments about stupid ‘muricans (and yes, there are many) the people in general come nowhere near to the screaming depravity that exists in Washington. It is two different entities entirely.

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Comment by Raymond K Hessel
2015-09-25 08:41:20

Remind me again: who elected the “screaming depravities” in Washington and keeps them in office? Sanctioning corruption makes one corrupt in my book. And when they’re ripping you off as well, it makes the voters who vote for them amoral as well as stupid.

The prosecution rests.

Comment by TIN ROOF...rusted
2015-09-25 09:26:09

Ok Ray, then how can we change the system?

Comment by MacBeth
2015-09-25 09:39:23

This is why I believe their should be a knowledge-based test that everyone needs to pass before they are allowed to vote.

Stupidity itself isn’t immoral, it’s unfortunate.

Educated people allowing the stupid to continue making mistakes that benefit the educated (at the expense of the stupid) IS immoral.

Comment by MightyMike
2015-09-25 10:23:29

Ok Ray, then how can we change the system?

There was a large anti-war movement back in the Vietnam days. It probably did save some lives by getting the Us government to end its occupation of Vietnam earlier than it would have otherwise. The problem is that popular movements of that kind, with all of the marches and demonstrations, if that they require a lot of time.

Comment by Raymond K Hessel
2015-09-25 11:56:27

I would change the system so that only those who put more into the system in taxes than they take out in benefits are allowed to vote. That would effect an immediate, dramatic improvement in the caliber of our “public servants” and their accountability. This is what was stipulated in the original Constitution. No more voting yourselves benefits someone else has to pay for.

Comment by MightyMike
2015-09-25 12:02:03

This is what was stipulated in the original Constitution.

Which part of the constitution stipulated that?

Comment by Blue Skye
2015-09-25 14:33:03

those who put more into the system…

My grandparents and my parents, when they were old and not working any longer, were wiser about what was good for people than any young Wall Street shark.

Try again.

Comment by scdave
2015-09-25 08:54:45

Keep posting Tin Roof…Nice to hear from some out of the country…

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Comment by inchbyinch
2015-09-25 16:42:44

yep, we purchase some Vietnam manufactured RTA counter stools, and they were great quality. No extra drilling, all the parts were pristine (holes lined up), and the finish was A+. You’re right, palmetto.

Comment by Professor Bear
2015-09-25 05:42:27

They better have their routine treatment of motorbike accidents down over there, as the incidence rate is off the charts! I recall personally witnessing two accidents over a one week stay, with a very limited portion of the time on the road.

Comment by TIN ROOF...rusted
2015-09-25 09:22:52

Yeah PB I hear the hospitals in Saigon are set up like efficient meat processors for motorbike injured…there are a lot every day.

The whole driving system is based on trusting the other guy…and trying to figure out what they are going to do and how they will react.

There is virtually NO police anywhere, (maybe that’s why I feel freer here) and when there are they only enforce helmet laws. Not many have a driver’s license. There are NO stop signs. Running red lights and driving on the wrong side of the road are perfectly acceptable.

They come out of blind alleys and turn right, on to the street, and don’t even look to see if someone is coming….and of course driving on the sidewalk helps to get you there faster.

Most of the people in this clip deserved what they got.

i drive a LOT slower now.

Comment by palmetto
2015-09-25 05:43:53

Tin Roof, if this is not too sensitive a subject, I wanted to know about the effects of agent orange on the Vietnamese. Years ago I read a piece by Christopher Hitchens on the subject. He had traveled to Vietnam and visited areas that had been hard hit by the substance and his descriptions of how babies had been genetically affected were pretty grim. Apparently it rivals anything thalidomide ever did. I’ve never been able to get that out of my mind and always think of it with great anger whenever Monsanto comes up. Has it been that bad?

Comment by Jingle Male
Comment by palmetto
2015-09-25 08:01:19

And from what I have read, it will for a long, long time to come. I don’t understand the science behind it, but supposedly the chemicals that create this phenomena drill down deep into the genetic makeup of biological entities and affect them generation after generation. Think about that the next time you see a bottle of Round-Up.

Truly disgusting, this Monsanto. If I were king, anyone who ever worked for them, every shareholder and investor, would be incarcerated in the foulest, deepest dungeon and fed the slops of their GM food.

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Comment by Raymond K Hessel
2015-09-25 08:42:20


Comment by CalifoH20
2015-09-25 10:46:19

It works in Vietnam - they don’t have a legal system that lets hungry attorneys feed off of.

My neighbor is a doc. He will NEVER volunteer in the USA, but he does in Mexico. (no fear of lawsuits)

Comment by MacBeth
2015-09-25 11:12:20

Better the lowlife who lives in the expensive house next to yours than the lowlife who shops at Walmart.

Comment by MacBeth
2015-09-25 11:13:50

How many of these attorneys live within 4 blocks of your home? Ever counted them up?

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Comment by CalifoH20
2015-09-25 13:40:10

sure, it is easy to go finish med school. Lazy lowlifes!

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Comment by inchbyinch
2015-09-25 19:18:14

We shop WM all the time. Toothpaste, deodorant, and they use to discount very expensive Glaucoma drops for us. The drops have a $400/bottle price tag. ouch (out of pocket)

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Comment by Tarara Boomdea
2015-09-25 23:21:13

Lumigan? Or is there something more effective? Lumigan (Latisse) gives you lovely long lashes. When I first started using it 12+ years ago in only one eye, I looked (lash-wise) like the pic of Alex in “A Clockwork Orange”.

I was happy when I was told to start using it in both eyes (oh, vanity!), now they’ve evened up. It can regrow eyebrows, too.

In regard to hair loss:

Comment by The Order Of The Golden Chainsaw
2015-09-25 14:32:54

He will NEVER volunteer in the USA, but he does in Mexico.

Clearly a racis, that doctor.

Comment by inchbyinch
2015-09-25 16:40:03

TIN ROOF…rusted
Great story. Thank you.
When I watch the documentary “Sick Around The World” on PBS, I was astonished at how really screwed up our heathcare system is.
Next year, I plan on some cosmetic work, and I’ll be using a medical tourism firm. I’m picking a Brazilian or Argentine PS, who practices elsewhere.

Comment by rms
2015-09-25 18:20:34

“Next year, I plan on some cosmetic work…”

The girlz going to grow-up a bit?

Comment by inchbyinch
2015-09-25 19:20:25

Had the twins rearranged 20 years ago, then 10 years ago. Nope, facelift. Funny, when they were healing they were huge. When they shrunk, my husband was a little disappointed. LOL

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Comment by Goon
2015-09-25 05:26:03

A nation of strung out junkies, and the Acts Of Love who supply them.

Washington Post - How Mexican heroin cartels are targeting small-town America:

Comment by Professor Bear
2015-09-25 05:37:21

Short squeeze today…run for cover!

Comment by Goon
2015-09-25 05:47:52

Yellen the felon poisoned by pigmen? From FoxBusiness:

“Federal Reserve Chair Janet Yellen received medical attention on Thursday after coughing, pausing and struggling to finish a speech in which she said the U.S. central bank was on track to raise interest rates this year for the first time in nearly a decade.”

Comment by Mr. Banker
2015-09-25 05:56:24

“… the U.S. central bank was on track to raise interest rates this year for the first time in nearly a decade.”

Bahahahahahahahahaha … I love Fridays; Friday seems to be the best day of the week for jokes.

Comment by palmetto
2015-09-25 06:02:42

There was an unconfirmed report within a comment on Zero Hedge a couple of days ago that Victoria Nudelman-Nuland (state department spook responsible for the Ukraine mess, who said “Eff the EU”) had a stroke while working alone in her office and was in a hospital in NY, having suffered partial paralysis.

I was really excited and started high-fivin’ it, until I realized the links in the comment led pretty much nowhere, just to a bunch of news stories having nothing to do with Nuland.

Is it wrong of me to want to see some of these folks “get theirs”? I can’t help it.

Comment by Mafia Blocks
2015-09-25 06:15:00

Yelstin the communist central planner.

Comment by Raymond K Hessel
2015-09-25 07:30:01

Yellen knows full well the Fed will only raise rates when it is forced to by a dollar crash. Otherwise she’ll keep coming up with new and inventive excuses to maintain ZIRP (if not NIRP) and embark on a new counterfeiting spree.

Comment by Neuromance
2015-09-25 19:00:20

This time she might not be bluffing. It’s the first time I’ve heard the Fed chair allow that there might be some downside to zero interest rates:

From the speech on the 24th:

“In addition, continuing to hold short-term interest rates near zero well after real activity has returned to normal and headwinds have faded could encourage excessive leverage and other forms of inappropriate risk-taking that might undermine financial stability. For these reasons, the more prudent strategy is to begin tightening in a timely fashion and at a gradual pace, adjusting policy as needed in light of incoming data.”

Professor Bear noted recently that all the bluffing could be an attempt to incite the markets to tantrum so the Fed doesn’t get the blame for any perceived negative consequence. Which indicates how open to influence the Fed really is.

“There really is no reason other than political pressure for the Fed to take us from bubble to bubble by cutting interest rates to near zero and flooding the market with liquidity. Ironically, the lesson friom the Great Depression - that letting the banks go under is not a good idea - has been so well absorbed by the Fed that it is played for a patsy by the banks.

A rock-bottom nominal short-term interest rate prompts risk-taking and makes price bubbles more likely; it is unclear, however, that it is much more helpful in prompting corporate capital investment and job growth than a somewhat higher but still low nominal short-term interest rate. “

Raghuram Rajan, former UofC professor and current head of the Indian central bank.

This is a very interesting factor with a central bank - the unwillingness to cause short term pain for predicted longer term benefit. It might have to be taken into account in social policy.

Comment by phony scandals
2015-09-25 05:49:12

I bet these Progressive parents were bragging about how their zip code had a veritable United Nations with Hispanics, blacks, Russians, Indians, Vietnamese, Hmong, Muslims, Sikhs, etc etc. And how the local school district there had to deal with kids who speak 54 different languages.

Until the Progressive parents had to fight integration in their children’s public schools.

Brooklyn — the Capital of Liberal Hypocrisy

by Reihan Salam September 24, 2015 4:00 AM

Progressive parents fight integration in their children’s public schools.

I live in a small slice of Brooklyn wedged between Brooklyn Heights, one of New York’s most prosperous neighborhoods, Dumbo, a relatively new neighborhood that is essentially a forest of condominiums catering to financiers, techies, and “creative professionals,” and Farragut Houses, a sprawling public-housing complex that borders the Brooklyn Navy Yard. Though you won’t find gated communities in this part of Brooklyn, you will find buildings with doormen, which is of course a quite similar phenomenon. The retail establishments catering to affluent professionals don’t formally exclude poor residents, but their high prices do the work of explaining who is welcome and who is not. Very rich people and very poor people live side by side in this part of Brooklyn, yet their lives rarely intersect. Rich Brooklynites and poor Brooklynites do, however, share their local public schools. And as you can imagine, not all of Brooklyn’s bourgeois parents are thrilled about this fact.

Taylor cites evidence that blacks and Hispanics benefit from attending integrated schools. What she does not address is whether white and Asian students attending these schools also fare better, which is the chief concern of the largely white Dumbo parents subject to this rezoning. My first instinct in reading Taylor’s story, and in observing the anguished reaction from Dumbo parents who see themselves as committed progressives, is to note their hypocrisy. As Laurie Lin recently remarked, it’s easy to imagine how these Dumbo progressives might have reacted had this story unfolded in Atlanta or Birmingham — they’d surely chalk up resistance to the rezoning to racism.

Read more at:

Comment by Goon
2015-09-25 06:11:32

Diversity for thee, but not for me.

As David Byrne sang, “same as it ever was.”


Comment by MacBeth
2015-09-25 07:01:21

Diversity is great when you don’t have to pay for it.

Indeed, when you don’t have to pay for it, you can feel spiritually and ethically superior.

Forcing those not diverse enough for your tastes to become more diverse is mightily satisfying to a progressive…

…much like forcing those not religious enough for your tastes to become more God-fearing is mightily satisfying to a religious fanatic.

**Until you find yourself subjected to the same oversight. Then, it’s awful.**

Comment by CalifoH20
2015-09-25 14:22:37

the people who want diversity are diverse

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Comment by 2banana
2015-09-25 06:44:36

2banana’s Law

Conservatives are more than happy to live under the same laws and taxes they want for everyone else.

Liberals/progressives expect to be exempted from the laws and taxes they want for everyone else.

Comment by MacBeth
2015-09-25 06:46:01

Progressives everywhere (but especially on the coasts) display their true attitudes everyday.

It’s possible, though, that they don’t realize it.

Most know their attitudes and behaviors often are as bad as those they condemn. They also know that they can assuage their sense of guilt by blaming others. They also know that if they seal themselves off, they can point fingers elsewhere. (They types who live in gated communities, avoid WalMart, fraternize only with certain people.)

What they don’t know is how transparent they are.

Such individuals are the biggest racists/ progressives/ classists/ elitists of all.

Much is beneath them, but everyone else is the problem.

Comment by MightyMike
2015-09-25 07:05:36

If read the New York Times article, you’ll see that there nothing in it that indicates that any of the parents are progressive or liberal. Thus, there’s no evidence for Mr. Salam’s hypocrisy argument.

Comment by CountryClubberLang
2015-09-25 07:44:22

Brooklyn is a hotbed of conservatism demographically.

Comment by phony scandals
2015-09-25 08:02:32

“If read the New York Times article, you’ll see that there nothing in it that indicates that any of the parents are progressive or liberal.”

“Andrew Lee, in his Dumbo home with his wife and 4-year-old son, says he has concerns about the education at P.S. 307. Credit Sam Hodgson for The New York Times”

If it looks like a progressive liberal, walks like a progressive liberal and talks like a progressive liberal.

It’s a progressive liberal.

Unless of course these are the right wing extremist AR-15 toting Teabagger techies and creative professionals that have been buying up million dollar condos in Brooklyn that have Doormen I have been hearing so much about.

Comment by Oddfellow
2015-09-25 09:02:55

They ain’t from around here, and he talks all smart. I bet they’s some o’ them liberal progressives I heard ol’ Rush talkin’ about.

Let’s git ‘em!

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Comment by phony scandals
2015-09-25 15:24:28

“They ain’t from around here, and he talks all smart. I bet they’s some o’ them liberal progressives I heard ol’ Rush talkin’ about.”

Spoken like a person in a white bread neighborhood in Lily Town USA who brags about the kids on the other side of the tracks speaking 54 languages in his zip code.

Comment by MightyMike
2015-09-25 10:04:28

Is it the fact that he’s concerned about his kid’s education the thing that indicates that he’s a progressive liberal?

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Comment by phony scandals
2015-09-25 15:30:00

“Is it the fact that he’s concerned about his kid’s education the thing that indicates that he’s a progressive liberal?”

Why can’t you embrace your racist liberal comrades?

First Madison Wisconsin and now Brooklyn.

Comment by MightyMike
2015-09-25 15:55:00

So you can’t answer my question. You’ve decided that he’s a liberal without any good reason.

Comment by MightyMike
2015-09-25 16:11:15

It should also be stated that there’s no evidence that the guy is racist. There you go, shouting “That’s racist!” for no good reason.

Comment by phony scandals
2015-09-25 17:53:31

OK I’m sorry the techie liberals in Madison and Brooklyn’s trendy Dumbo neighborhood are racist and don’t want their kids going to school with people of color.

“Diversity for thee, but not for me.”

Comment by AmazingRuss
2015-09-25 08:04:40

Buh but LIBERALS! Arugula! Electric cars! Socialism!

Comment by Goon
2015-09-25 05:55:11

Huffington Post (Dianne Feinstein approved real journalists) reporting Jeb Bush: the Pope should not discuss climate change because ‘he’s not a scientist’ (see also New York Times real journalists “Republicans we’re not scientists) and also Elon Musk says climate change refugees will dwarf current crisis.

This is the sixth extinction cycle in action, so go roll some coal, because warmists gonna warm.

Comment by palmetto
2015-09-25 06:11:30

But I bet JEB! didn’t mind that he lectured Congress about immigration.

The Pope had no biz addressing Congress. Supposedly we have separation of church and state in the US. If they’re going to allow this sort of haranguing, then the head of every religion on the planet should be given equal time. And Congress forced to sit through the lectures.

Comment by Goon
2015-09-25 06:39:58

When Sky Wizard decides that zhe has had enough of humanoids destroying zher Earthly Paradise™ zhe will shake them off like a bad case of fleas.

“This sucker could go down” — George W. Bush

Comment by MacBeth
2015-09-25 06:53:06

Where are all the protests?!

The Pope mingling with Congress?

Depending on the script, separation of church and state is required. Other times, it is not.

Not a peep from the progressives on this board about religion mixing it up with public policy.

Why not? (Because progressives believe in moral relativism, not principles, but that’s a topic for another day).

EnviroNuts = Religious fanatics

I was dead serious before. I am dead serious now.

Comment by Goon
2015-09-25 07:15:25

It’s only 10:15am east coast time, they don’t wake up and clock in for their shifts until noon. I used gender neutral pronouns to describe Sky Wizard in above post because assigning gender only reinforces patriarchy, and exacerbates the progressives’ chronic, incurable, nocturnal encopresis.

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Comment by CountryClubberLang
2015-09-25 07:45:41

My favorite micro aggression is to say Bless You when an atheist sneezes.

Comment by AmazingRuss
2015-09-27 23:29:19

I don’t think there needs to be a god for there to be blessings.

Comment by MightyMike
2015-09-25 07:59:25

There’s no church/state separation issue involved.

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Comment by MacBeth
2015-09-25 08:13:42

Having the Pope address Congress isn’t mixing government with religion. Not at all.

Progressives = Moral relativists.

Comment by WPA
2015-09-25 08:21:26

Having the Pope address Congress isn’t mixing government with religion.

Good grief, he’s giving a speech not making laws. If you want to see religion mixed with government, go to the next Values Voter Summit where the evangelicals tell conservative congresscritters how to vote.

Conservatives = enablers of using government to force their version of Christianity down our throats. Kim Davis, Hobby Lobby, Planned Parenthood…

Comment by MightyMike
2015-09-25 10:08:10

The House and Senate each have a chaplain who say an opening prayer every day that Congress is in session. There may be people out there who complain about that. Those people would probably also object to pope’s address.

Comment by WPA
2015-09-25 08:02:29

separation of church and state is required

LOL at all the conservatives here with their faux cries of separation of church and state. I’ll pay attention to this fake outrage when you guys call for the resignation of overtly evangelical congressional representatives who mix church and state every time they vote.

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Comment by MacBeth
2015-09-25 08:54:35

Boy, for someone who’s so boring as to not generate any response from other posters, I certainly am getting responses today!

BTW, I still don’t read your posts. I see that it’s from ‘WPA’ and skip right past it.

Progressive moonbats are the worst of Western ideologues. That you are a progressive is why I don’t read your posts.

Comment by WPA
2015-09-25 08:59:35

You don’t read my posts yet you replied to me. ???

Comment by Oddfellow
2015-09-25 09:12:49

My favorite thing about the new pope is watching the “we’re a Christian nation” types suddenly spouting about the separation of church and state. Misunderstanding, as usual, the Constitution they claim to revere.

Comment by MightyMike
2015-09-25 07:07:02

No member was forced to attend the Pope’s address.

Comment by MacBeth
2015-09-25 08:16:28

So, you think it’s okay then to force all public schoolchildren to say prayers at the start of the school day?

After all, no one is forcing the children to attend public school. They can be taught at home. Or in private schools.

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Comment by MightyMike
2015-09-25 10:10:48

No, I don’t think that it’s OK to force public school student to pray. But that’s irrelevant to the discussion. No member of Congress was forced to listen to the pope.

Comment by MacBeth
2015-09-25 10:49:34

Doesn’t matter if they were forced to listen to the Pope or not.

With the executive branch of the US government acting as it currently does, it no longer matters. Does it?

Let’s say the Pope came to Washington, advocating to Congress that all schools have mandatory prayer?

What if you had a president who invited the Pope to Washington to do exactly that?

What if then said president used the Pope’s visit as a means to install mandatory prayer? He/she suddenly has the moral authority to do so.

The Pope has come out strongly against abortion - in front in Congress. In front of YOUR elected representatives.

Like it? Don’t care? Good. Then let’s abolish Roe vs. Wade.

Comment by Blue Skye
2015-09-25 14:46:21

We let the morally craven address Congress all the time. We let them serve in congress. Letting a man who advocates goodness speak in public will bring the whole system down just how?

Comment by Blue Skye
2015-09-25 08:23:25

The Pope cannot write US Law.

Of course he could become a lobbyist and write laws.

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Comment by MacBeth
2015-09-25 09:03:17

Who needs laws?

We have the executive branch.

All that is needed is endorsement of any executive branch-endorsed idea by someone of heightened moral code and status.

Yea! The Pope endorsed it. Now, we can ram it through no matter what anyone really thinks!

His endorsement is enough. Official Church sanctioning allows us to do what we want. We do not need to care about what the masses think. Or, how they are effected.

It appears that few people have figured this out. They will.

In the meantime….

EnviroNuts = Religious fanatics.

Comment by redmondjp
2015-09-25 11:36:30


Gaia worship is the oldest religion of them all. And The Science is Settled!

Comment by In Colorado
2015-09-25 08:32:41

Technically, the Pope is a head of state: The Vatican, so I believe that is how he was officially received.

Comment by palmetto
2015-09-25 09:21:28

Thanks, Colorado. I totally forgot that.

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Comment by MacBeth
2015-09-25 10:03:00


Consider that, technically, when you have an executive branch that circumvents Congress, that it doesn’t matter how the Pope it received.

It matters how he is perceived. As it always has.

An amoral leader/s can do plenty upon receiving moral sanction.

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Comment by oxide
2015-09-25 11:23:53

Technically, the Pope is a head of state: The Vatican, so I believe that is how he was officially received.

So it’s okay if the head of the Vatican State gives a speech to Congress but it’s not okay if the head of the State of Israel does it? Which ever side you’re on, it ought to be both or none.

If the Executive Branch circumvents Congress, Congress has the standing to sue in the Supreme Court… in fact don’t they have a suit going on right now?

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Comment by MacBeth
2015-09-25 12:47:45

Exactly, oxide.

For the record, I don’t want ANY head of state addressing our Congress. Our Congress, especially the House, is for the people, not foreign heads of state.

Comment by rms
2015-09-25 18:27:54

“The Pope had no biz addressing Congress.”

+1 Exactly!

Comment by Goon
2015-09-25 06:03:07

World Net Daily headlines with “the Shemitah that was and the shaking to come.”

This is how people like Lindsey Graham get elected. This is how Tom Cotton gets elected. This is how “Christians” in America justify their support of Israel using sniper rifles to respond to Palestinean rock throwers. This is how Sheldon Adelson, who is not a Christian, and arguably should not even be a U.S. citizen, purchases the candidates elected by a constituency that actually believe this format of Sky Wizardry.

Comment by Oddfellow
2015-09-25 07:40:05

“This is how…”

The whole Ahmed thing is part of it too.

Comment by Goon
2015-09-25 07:48:11

Your ever selective outrage is noted. And you clocked in early today, BTW.

Comment by Oddfellow
2015-09-25 09:16:27

” ever selective outrage ”

I think that’s your stock and trade. But isn’t there some propaganda technique wherein you always accuse others of what you are yourself doing?

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Comment by Goon
2015-09-25 10:58:21

This message is approved by real journalists.

Comment by Goon
2015-09-25 06:22:50

The most transparent administration in history:

I started reading the book “After Snowden: Privacy, Secrecy, and Security in the Information Age” this week. Rand Paul is the only (high visibility) person in elected office talking about this, and did get some attention a few months ago, but that’s been swept aside.

James Clapper belongs in prison. And Edward Snowden deserves a Nobel.

Comment by scdave
2015-09-25 06:44:59

Boehner Quits….After meeting with the Pope, I suspect he did some reflection and without saying so his actions speak for themselves…He is done dealing with the right wind Nut-Cases….

Comment by palmetto
2015-09-25 06:50:05


Comment by CountryClubberLang
2015-09-25 07:49:58

Quitting Congress entirely? Chappaquiddick?

Comment by The Order Of The Golden Chainsaw
2015-09-25 14:40:01

Capitol Hill intern more like it.

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Comment by 2banana
2015-09-25 06:59:20

He had done so much damage to this country.

Wonder if he will get a cushy bank job like Holder?

Comment by Raymond K Hessel
2015-09-25 07:36:24

Eric Cantor was the Oligopoly tool who really made bank from his “public service.” His fiancier masters rewarded him with a corner office and a multimillion dollar job as thanks for services rendered.

Comment by palmetto
2015-09-25 07:06:47

Having been raised a Catholic, I suspect it has nothing to do with the facile “right wing nutcases” meme.

Boehner has blood on his hands and most likely had to confront it in his audience with the Pope. He probably made a full confession.

In a way, this may speak well of Boehner. People who are fundamentally decent, if they consider they’ve done too much harm in an area, will leave that area or sphere of influence so as not to commit further harm. That’s the difference between a genuine sociopath and a basically decent person who has fallen in with evil companions. Time will tell. If he goes into lobbying, that will shoot that theory all to hell.

It’s also possible that he has an issue that may be about to catch up to him, not necessarily the same one as Hastert, but something that could be just as toxic. Stay tuned.

Comment by WPA
2015-09-25 08:09:02

In a way, this may speak well of Boehner.

You give Boehner far too much credit. The man quit because he knows the Knuckledragger Kaucus have enough votes to remove him from the speakership. This is a preemptive move to save himself from the embarrassment of being fired.

Comment by palmetto
2015-09-25 09:17:18

LOL, yes, I just read something about a motion to vacate the seat in the works, or something like that.

Even weirder, though, I just read something else about Boner cancelling his resignation press conference, as if he might be having second thoughts. Wow, this guy is one confused wretch.

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Comment by WPA
2015-09-25 09:43:39

Fire up the popcorn. The establishment wants McCarthy from California to replace Boehner but the base won’t be happy when they find out McCarthy is pro-amnesty. He has to be because his district is heavily Hispanic.

Comment by phony scandals
2015-09-25 07:08:33

“Boehner Quits….After meeting with the Pope,”

The Pope before the Pope quit after meeting with the Pope too.

Comment by Oddfellow
2015-09-25 07:46:13

He must have seen him as a superior candidate. And if the new pope’s presence makes bad people resign their positions of power, maybe there’s something to this guy.

Comment by Raymond K Hessel
2015-09-25 07:34:48

Boehner is a toady for the banksters and globalists, who is utterly devoid of any true Republican principles or convictions and should have been overthrown years ago. Good riddance, and I hope McConnell, McCain, and the rest of the sleazy, corrupt, .1-percenter owned Establishment GOP “leadership” joins him in leaving town under cover of darkness.

Comment by MacBeth
2015-09-25 09:25:04


Good riddance to Boehner. A puppet.

Comment by Senior Housing Analyst
2015-09-25 06:56:20

San Francisco, CA Housing Prices Plunge 12% YoY As Defaults Ramp Up

Comment by salinasron
2015-09-25 06:56:33

Early this week Costco completed its store make over. Now filled with Xmas trees, lights, etc and Xmas toys and clothes for the kids. Yesterday went into WalMart and Xmas trees and lights have moved all the garden plants, etc out. A month to Halloween, longer to Thanksgiving and the powers that be need to have people spending and charging for Xmas or they’ll miss out.

This is the last straw for me and the wife. All give cards. No wrapping paper, cards, etc. Just back to an ole fashion Christmas dinner and holiday drinks.

Comment by Raymond K Hessel
2015-09-25 07:38:21

+1. All that tacky Chinese-made crap will end up in landfills. I hope the thinking 5% of the population joins you in rejecting the commercial materialist consumerism the Christmas (not “holiday”) season has become.

Comment by MacBeth
2015-09-25 10:35:18

Halloween almost is as bad as Christmas.

Fortunately, Thanksgiving hasn’t been ruined yet. Best holiday of the year bar none. Eat, drink, socialize, watch football. Simple, non-commercial. Little stress.

Comment by redmondjp
2015-09-25 11:46:26

I disagree.

Thanksgiving has now officially been ruined by “black Friday” spillover into Thursday (”Hurry up and finish eating, we’ve got to go get in line for that 65″ LED TV.”).

Is nothing sacred any longer? We have holidays for a reason, but then make the retail proles work on them.

I’m old enough to remember when a majority of the stores were closed on Sundays, much less holidays.

While on the subject, is it just me, or have the Black Friday deals gotten thinner and thinner over the past few years?

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Comment by Bill, Just south of Irvine
2015-09-25 21:28:44

Fourth of July is this libertarian’s favorite holiday.

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Comment by In Colorado
2015-09-25 08:34:55

Merry ShopMas!

Comment by rj chicago
2015-09-25 10:05:48

Colorado - my comment yesterday …..Shopmas indeed!!!

Already the shillin for as B. Ritholz calls it: “Shopmas” has begun…..
Sheesh - let’s at least get to All Hallows Eve first!!!

Comment by In Colorado
2015-09-25 12:09:41

I love it. If I’m in a retail store and a clerk wishes me Happy Holidays I will reply “And a Happy ShopMas To You!”

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Comment by rj chicago
2015-09-25 12:21:54

I will remember that!!! LOL there Colorado - big +1

Comment by palmetto
2015-09-25 09:31:40

+1, that’s it for me. I usually give personal gifts that I find at estate sales, to family members. Or cash if they need it. The whole holiday season has been made completely depressing. Screw retail, anywya.

Comment by phony scandals
2015-09-25 06:59:22

What happened to page by page, line by line?

EPA spent $800 on a pencil holder

by The Washington Times | September 25, 2015

The federal agency that has the job of protecting the environment doesn’t seem to have too much concern for trees, at least the ones cut down to make furniture.

The Environmental Protection Agency EPA to purchase, rent, install and store office furniture ranging from fancy hickory chairs and a hexagonal wooden table, worth thousands of dollars each, to a simple drawer to store pencils that cost $813.57.

The furniture shopping sprees equaled about $6,000 for every one of the agency’s 15,492 employees, according to federal spending data made public by the government watchdog

And the EPA doesn’t buy just any old office furniture. Most of the agency’s contracts are with Michigan-based retailer Herman Miller Inc. According to the contracts, the EPA spent $48.4 million on furnishings from the retailer known for its high-end, modern furniture designs.

Comment by salinasron
2015-09-25 07:01:13

The bulk of the tourists have left Monterey. My wife and I drove the twenty miles over on Tuesday for drinks and fresh seafood. It was great sitting on the restaurant patio at high tide with 60 degree weather.

Unfortunately the tourists are about to invade Salinas this weekend for the air show. The F22 will be the major draw. Today will be the day to watch all the practice runs by putting a chair out at the end of the runway.

Comment by scdave
2015-09-25 07:25:27

It was great sitting on the restaurant patio at high tide with 60 degree weather ??

Sweet…As one poster here would say; What A Hell-Hole California is….

Today will be the day to watch all the practice runs by putting a chair out at the end of the runway ??

Nice….I suppose it starts at around 10:00…I may try and make time to head over for an hour or two…

Comment by Bluto
2015-09-25 13:08:29

BTW there is a big air show up in Santa Rosa/Windsor this weekend also (Wings over Wine Country), costs $20 to watch from the airport or it can be seen quite well for $0 on the perimeter roads, especially if you are on two wheels so parking is not an issue.
And yes, the California bashers are absolutely right, life is indeed hellish throughout the entire state and particularly in the wine country ;-)

Comment by Mafia Blocks
2015-09-25 07:48:49

“fresh seafood”

Is it really fresh when it glows in the dark and irradiates Fukushima plutonium?

Comment by The Order Of The Golden Chainsaw
2015-09-25 14:43:30

Spoken like true provincial queens. There are thousands of places in god’s green earth more prettier than this hell hole.

Comment by Senior Housing Analyst
2015-09-25 07:40:03

“California: Welfare Capital Of The US”

Comment by Raymond K Hessel
2015-09-25 07:41:59
Comment by Professor Bear
2015-09-25 08:01:07

Is the Republican Party in a state of political disarray?

Comment by WPA
2015-09-25 08:13:38

It’s not in disarray. It’s more of a slow, orderly collapse inward on itself. Water circling a drain, cosmic debris spiraling around a black hole. Self-destruction has a certain symmetry, you know.

Comment by MacBeth
2015-09-25 08:23:19


It’s on its way to improvement and improvisation.

Now, since you’re all about equal time, let’s discuss the Democratic Party and their refusal to begin rooting out the scum that inhabits it.

What do you think ails the Democrats? How would you like to see them do differently?

The Democrats are beginning to implode. Big splits in the party are forming - Democrats versus liberals versus socialists/progressives.

Comment by Raymond K Hessel
2015-09-25 08:47:04

Democrats are at least united in their mission: to use coercion and force to steal from the productive to distribute to their rapidly-growing Free Sh*t Army in exchange for their votes, until they have a permanent supermajority and can do whatever the hell they want.

Forward, Soviet!

Comment by WPA
2015-09-25 09:08:17

It was the conservatives who engineered and are responsible for the greatest transfer of wealth is US history from the middle class to the ultra-wealthy. All in the name of “trickle down” and “supply side.”

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Comment by 2banana
2015-09-25 09:50:46

If only the democrats could elect the most liberal and progressive community organizer for president, who would ignore laws he didn’t like and make up laws he wishes he had, have a democrat supermajority in the house and a filibuster proof democrat senate - we could fix this.

Oh wait…

Comment by CalifoH20
2015-09-25 11:03:14

I feel sorry for 2bananana and his version of reality. He seems smart enough to know he is flat out wrong. He wanted O to fix 40 yrs of damage in 6 yrs with zero cooperation from congress and ignores his Bush team having 6 years of full control causing all the problems.

Pay your bills.

Comment by The Order Of The Golden Chainsaw
2015-09-25 11:44:45

He wanted O to fix 40 yrs of damage in 6 yrs

Even the die-hard fans like have to admit it by now though, O is not making it better but worse. Get off the kool-aid!

Comment by redmondjp
2015-09-25 11:50:51

WPA - you seem to be forgetting eight years of Clinton-Gore under which:

1) Most-favored nation trading status was granted to China, and

2) Glass-Steagall was repealed (among other things).

So don’t try to pin this on the Rs - the Ds are equally as culpable, and more hyprocritical IMO as they deny doing it (Hillary: “We were broke when we left the white house”).

Comment by Raymond K Hessel
2015-09-25 12:00:53

It was the conservatives who engineered and are responsible for the greatest transfer of wealth is US history from the middle class to the ultra-wealthy.

Those weren’t “conservatives.” Those were straight-up oligarch grifters, who own both parties.

Please bit*ch-slap yourself, WPA, to save me the trouble.

Comment by CHE
2015-09-25 12:18:30

or on the flip side… Congress has received no cooperation from President Obama.

Comment by Rental Watch
2015-09-25 13:24:17


Rio puts up a very nice graph showing how there is a divergence between wages and productivity starting in the early 70’s–which was pretty much unabated through R’s and D’s over the past 40 years.

What “trickle down” and “supply side” started in the 70’s that started this major move? Why didn’t this divergence stop/slow during D’s time in power over the past 40 years?

Don’t you think it’s equally possible (probable?) that much of the problem of the middle class keeping up relates the the rise of computing?

Comment by The Order Of The Golden Chainsaw
2015-09-25 13:38:17

Why didn’t this divergence stop/slow during D’s time in power over the past 40 years?

It’s those damn repubicans. Either they didn’t have the prezident to work with our congress or they didn’t have congress to work with our prezident.

Comment by CalifoH20
2015-09-25 13:43:32


President Obama is poised to make the third veto of his presidency, putting the kibosh on a bill passed by both the House and Senate authorizing the Keystone XL pipeline.

Obama has so far exercised his veto less frequently than other recent presidents. President Bill Clinton vetoed 37 bills in eight years, and President George W. Bush vetoed 12 in his two terms. In President George H.W. Bush’s single term, he vetoed 44 bills.

But because Obama is facing some of the least productive Congresses in recent history, his low veto count may not be entirely of his own making. To compare him with other presidents, it makes more sense to look at the rate at which he has vetoed bills, rather than the overall tally.

Comment by MacBeth
2015-09-25 09:10:36

Not for long.

They aren’t as united as they think. Or, as much as you think.

Real damage now is being done to people of all political beliefs. The damage has hit few retirees and upper-middle class or higher individuals, but it will.

The retirees who won’t get hit are dying off. There are very few new “not to be hit retirees” taking their place.

Boehner’s gone as of today. Trump and Carson are presently most popular on the right. Sanders on the left.

Lots of Democrats don’t like what they see. Lots and lots. Some will jump in bed with socialists. Many will not. Many don’t like progressives. In fact, many don’t want to be called “Progressive”. They are reviled by the term.

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Comment by CalifoH20
2015-09-25 10:54:30

The Democrats have become the more fiscally responsible of the two parties.

As a fiscal conservative, I liked Bill Clinton.

Comment by The Order Of The Golden Chainsaw
2015-09-25 13:29:59

As a fiscal conservative, I liked Bill Clinton.

Yep, repeal of Glass-Steagall, NAFTA, Robert Rubin, “Always Brilliant” Larry the cable guy, so on and on.

When you have fiscal conservatives like them who needs crony-capitalists, right?

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Comment by CalifoH20
2015-09-25 13:48:08

Glass-Steagall (uhG) Created by southern DEMS 1933.

Glass-Steagall repeal - Gramm-Leach-Bliley Act that repealed the provisions preventing banks from affiliating with security firms. Sen. Phil Gramm (R, Texas), Rep. Jim Leach (R, Iowa), and Rep. Thomas J. Bliley, Jr. (R, Virginia), the co-sponsors of the Gramm–Leach–Bliley Act.

What is that (R) for?

facts are out there.

Comment by The Order Of The Golden Chainsaw
2015-09-25 14:17:03

facts are out there.

Yep facts are out there and all Clinton should have done is spend that night with Monica instead of signing that ‘ting. Sucks to be you, doesn’t it?

Comment by Rental Watch
2015-09-25 14:50:54

House Dems voted 155-51 in favor of the legislation.
Senate Dems voted 38-7 in favor.
Clinton signed the law.

If Clinton threw his weight around opposing it, the Democrats would have fallen in line, and the Republicans wouldn’t have had the votes to override the veto. Make no mistake about it, while Republicans put forth the law, Democrats voted in favor and could have stopped it if they didn’t like it.

It’s not like the ACA, which passed with 0 Republican votes.
Or Dodd Frank, which passed with 3 Republican Senators voting yes, and 0 Republicans from the House. Those two laws (for better or worse), are pretty much 100% owned by Obama.

Comment by The Order Of The Golden Chainsaw
2015-09-25 13:32:45

And don’t forget the worst of them all - Maestrobatero Greenstain

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Comment by Oddfellow
2015-09-25 19:32:14

Maestrobatero Greenstain

Didn’t Reagan refuse to reappoint Volcker in order to bring Greenspan on?

Comment by rms
2015-09-26 14:40:49

“Didn’t Reagan refuse to reappoint Volcker in order to bring Greenspan on?”

Not sure, but I know that Reagan “liberalized” formerly strict credit policies. It had become obvious that we couldn’t grow our way out of the hole we’d dug, so they decided to inflate our way out.

Comment by oxide
2015-09-25 11:39:15

What we’re seeing is the middle breaking off from two extreme ends. But did anyone anticipate that the middle would be filled by Donald Trump, of all people?

Comment by junior_bastiat
2015-09-25 14:20:58

Nope, but a populist/nationalist who walks the walk will win a lot of votes on both sides of the aisle and help to weaken the duopoly the current political parties enjoy. Thats what Trump is facilitating, it will be great if it really does destroy that duopoly and get us back to real parties that represent the people instead of the corporate lobbyists.

I’d be very interested in seeing a poll that asks registered dems who they would choose in a race between hillary or trump. I think Trump would pull a decent amount, and thats what the parties are afraid of, because they represent the corporate facists and Trump doesn’t need their money.

I’m still leery of Trump though, but likable billionaires probably don’t exist. At least I can’t think of one.

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Comment by The Order Of The Golden Chainsaw
2015-09-25 11:46:27

Democraps are the true conservative party in this country when it comes to conserving fraud, corruption, waste and ponzi.

Comment by MightyMike
2015-09-25 10:36:48

Is the Republican Party in a state of political disarray?

They did quite well in the Congressional elections that were held less than a year ago.

Comment by Raymond K Hessel
2015-09-25 08:30:43

Another Saudi who will be allowed to quietly flee the country.

Comment by rms
2015-09-25 18:38:44

Only $300k? Got off cheaper than Dominique Strauss-Kahn.

Comment by Raymond K Hessel
2015-09-25 08:32:44

Israel running out of room…time to put “Greater Israel” plans in motion.–business.html

Comment by WPA
2015-09-25 08:54:51

China to Implement Cap-and-Trade for Carbon in 2017

The Chinese don’t do things out of philanthropy or for humanitarian reasons. They are taking this action because they have assessed the climate change situation and see it as a threat to their economy. In addition, the world’s largest solar plant is under construction in China (25 sq km) and the use of coal has been sharply cut back. The Chinese clearly have reviewed the climate data, accept it as real, see the writing on the wall and are taking measured actions accordingly.

Comment by Raymond K Hessel
2015-09-25 09:11:26

We should be like the Chinese. I see it so clearly now. Thanks, WPA!

Comment by In Colorado
2015-09-25 11:45:46

In that regard (being “green”) we are still way ahead of them.

Comment by redmondjp
2015-09-25 11:55:04

But we’re transferring our advanced-nuclear and clean-energy technology to them - that was discussed during The Chez’s 3-day visit to Seattle.

Not to mention the new Boeing final assembly plant they are getting.

And guess what letter is behind all of the politician’s names who were here hob-knobbing with The Chez? It rhymes with ‘E’.

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Comment by Raymond K Hessel
2015-09-25 09:30:19

Fed mouthpieces trying to talk up the dollar by jawboning (as they have since 2008) about a mythical rate hike - knowing full well that any such rate hike will crash their Ponzi markets and is therefore out of the question. But here we go again….

Comment by Mafia Blocks
2015-09-25 09:30:55


Comment by X-GSfixr
2015-09-25 09:40:14

Back from visiting the grandkids, and hanging out with some of my buddies from the old days.

Just wondering…… Exactly when was it that corporations decided that you didn’t need to know what you were doing to be a manager?

Several of the guys who rose from the ranks to become foreman/supervisors took the early buyouts, because they were constantly being pulled in to bail out the newbies/do the job they are supposed to be doing. While at the same time watching these nimrods be promoted over them, because they don’t have management degrees, and are supposedly “unqualified”.

In the meantime, the quality of the new mechs entering the field continues to go down. The industry’s answer for this (airplanes being effed up by idiots) is to extend the inspection intervals, to keep them away from the airplanes as long as possible.

Its a win-win. Between the extended intervals, and the new EPA approved primers that don’t prevent corrosion like the old stuff, corrosion problems are allowed to progress into major repairs. Which mean bigger repair bills.

Could be worse. It could be the airlines, who have figured out their version of “flipping”:

-leasing company buys airliner, leases it to air carrier

-air carrier flies it until major inspection comes due, returns it to leasing company

-leasing company takes airplane to off shore repair shop, does inspection cheap

-leasing company re-leases (or sells) airplane.

In the meantime, I’m hearing this a lot more often: “Whaddaya mean it’s been fixed poorly/not done at all……..I gotta piece of paper that says it is!”

Comment by reedalberger
2015-09-25 09:54:56

The management philosophy de jure is for managers to manage people. They need not have keen skills in the department’s discipline, they just have to keep the “metrics” looking good.

Creates kind of a manager roulette, they pick up and land on any group that will take them.

Awful…just awful.

Comment by X-GSfixr
2015-09-25 11:22:22

How do you “manage” people when you have no idea what they are doing? How are you supposed to know if they are working efficiently, or if they are sandbagging?

Our visit to a major shop for our last “C” check was illuminating.

When they wrote up discrepancies, their system sent you an e-mail to approve the work. They entered an “estimate” for labor. Every one of the estimates were grossly inflated (like three hours to replace a reading light bulb that should take 30 minutes of you are slow)

When you throw the BS flag, they tell you it was a “worst case estimate, not a quote”.

Unfortunately, the estimates morphed into quotes. Especially when the guys on the floor could see the number, and knew exactly how much eff-off time they had.

So you get the invoice, and 99% of the estimates end up being quotes or defacto flat rates. Then, when you throw the BS flag again, they say “….well, you approved it.”

Did I mention that this didn’t apply when they blew the flat rate/quote? Then, it magically turned back into an estimate, and you got to pay for the extra labor.

And this is why I go with the airplane when it goes to maintenance. The managers at the shops don’t have a frigging clue as to what actually happened. I stay and watch, and take notes when I see something screwy. So I know what actually happened, when the pissing match starts over the invoice.

I saved the company $50-60k on our last “C” check, when it was all said and done.

I do a little contracting on the side. Those guys dont want to pay me to go in with the airplanes to protect their interests, but they dont mind asking me to attend the pizzing contest when the invouce shows up. At which time I tell them “dont know what to tell you……i wasnt there, can’t tell you if this stuff is legit or not”

Comment by redmondjp
2015-09-25 12:05:48

Thanks for the boots-on-the-ground report. It is stories such as this that confirm America’s race to the bottom.

I see this in manufacturing/technical industries where the management ranks are now filled with MBAs with no technical experience or understanding of what their own workers even do. Companies like HP, Tektronix, Fluke, and Boeing, where engineers were common in upper management up until about 15-20 years ago.

These non-tech managers think that an engineer is an engineer is an engineer, and they can go find the cheapest one out on the street and plug them in like a cell phone charger and it will immediately do the job. When that phone charger is no longer needed or costs too much to run, simply unplug, throw away, and get a new one later.

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Comment by CHE
2015-09-25 12:43:25

+1 to both X-GSfixr and redmondjp

It’s a huge turnaround just from even ten years ago.

It’s frustrating and demoralizing because I’m constantly striving for improvement and efficiency. However I keep my mouth shut and my ideas to myself to be agreeable so the paychecks keep coming. Being proactive or offering suggestions has led to accusations of insubordination because it makes them look bad in front of their bosses and my co-workers.

The best I can do is wait for direction from a manager, document their request, follow their instructions and wait for it to blow up in their face. Then, when confronted about why something didn’t happen, I forward the e-mail back to manager highlighting how I followed their steps.

Makes for great comedy, but not for moving the business forward :(

Comment by junior_bastiat
2015-09-25 14:38:47

I can echo this big time. We have a big gap in that a lot of technical people are retiring, theres a decent number of technical minions under 35-40, but the meat in the middle is mostly mbas who don’t know squat. If you are in the middle and technical, you find yourself in meetings constantly trying to explain basic technical concepts to these mba types who outnumber engineers 5 or 10 to 1 in these meetings. All they can do is play politics because they don’t have the education or frankly the intellect to add any value.

I can also say X-GSfixr confirmed my observations in my neck of the woods. Hawaiian Airlines leases ancient planes while enjoying a monopoly on inter island travel and charge insane prices because of the lack of competition while enjoying record profits. I hope they get some competition soon, because more than the cost I’m worried about safety. I am definitely avoiding their flights to the mainland going forward, service is abysmal.

Comment by In Colorado
2015-09-25 11:44:07

Ugh! I’m flying home today. Will keep my fingers crossed.

Comment by Mafia Blocks
2015-09-25 09:49:30

Donk… I’m runnin’ low. Get to fetchin’.

Comment by MacBeth
2015-09-25 10:23:15

You and oxide act like an old married couple.

Am I correct? Are you in fact married to one another?

Comment by Mafia Blocks
2015-09-25 10:34:40

I’m always looking for Cheetos fetchers. Are you interested?

Comment by MacBeth
2015-09-25 10:57:56

Better not let oxide get wind of your predilection for solicitation. The Mrs. might get upset!

BTW, I stopped buying Cheetos years ago upon discovering that doing so is racist.

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Comment by CalifoH20
2015-09-25 10:59:45

They are together, but marriage is not legal in their state yet.

Comment by Mafia Blocks
2015-09-25 16:57:15

Don’t be a Liberace.

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Comment by Professor Bear
2015-09-25 20:18:01

Gay or heter?

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Comment by Raymond K Hessel
2015-09-25 09:54:43

US Senator: Ukraine should “walk away” from $3B debt to Russia. Does that mean Argentina should “walk away” from debt owed to US vulture funds?

Comment by Oddfellow
2015-09-25 19:46:13

It does seem kind of crazy to be making loan payments to a country that is attacking you.

Comment by rj chicago
2015-09-25 09:57:22

I don’t recall exactly but I think it was PBear who noted something about platinum yesterday - but ruh roh - platinum getting hit…..

Comment by Oddfellow
2015-09-25 20:56:13

Raymond was telling me how foolish I was for saying that platinum prices could go down in bad economic times. What was your article about again?

Comment by X-GSfixr
2015-09-25 09:59:22

Seems that the “war refugees” are getting picky.

Yahoo has a story about how none of them want to go to Finland because its cold, boring, and not like home.

No problem, dude. Just move enough of your friends/relatives in, run all the locals out, and have your own little un-assimilated community. Just like the Mexicans/Central Americans do here. Make sure you develop your own little cash only/under the radar/tax dodging economy while you are at it. And dont forget to start businesses that pay substandard wages, so you can underbid the locals, and force them to do the same, or die.

Pretty soon, Finland will be as rich as the US. Because our diversity makes us strong.

Comment by WPA
2015-09-25 10:36:41

Just as I predict the GOP will be forced by overwhelming evidence and weather disasters to reverse their position on climate change, I also predict the Dems will be eventually forced to reverse their position on border security and immigration. The motivation will not be to exclude the “brown people”; instead, it will be for environmental and sustainability reasons. Just as Europe cannot absorb an unlimited number of refugees, we cannot either. Money, food, water, shelter, schools are all finite resources. Illegal immigration here and refugees in Europe are but a trickle now. Wait until large areas of the Middle East, northern and equatorial Africa, parts of central and south America become uninhabitable due to climate change. We’ll have our own internal refugees as pockets of the US will no longer be able to support people.

Comment by 2banana
2015-09-25 10:51:10

Like not one major hurricane in 5 years?

Didn’t Al Gore predict we would all be dead by now under boiling sea water?

Comment by CalifoH20
2015-09-25 11:08:31

2banana is complaining we dont have enough hurricanes.

2014 was the world’s hottest year on record, surpassing the previous record set in 2010, tied with 2005.

The Montana Glacier National Park has only 25 glaciers left from the 150 that were there in the year 1910.

There is more carbon dioxide in the atmosphere today than at any point in the past 800,000 years, and the U.S. produces 25 percent of the carbon dioxide pollution from fossil-fuel burning.

The world lost about 16 percent of all coral reefs in 1998, the second hottest year on record.

*******Climate change costs the U.S. over $100 billion each year.

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Comment by Charlie Tango
2015-09-25 11:45:32

Al Gore said the arctic would be ice free by now.

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Comment by The Order Of The Golden Chainsaw
2015-09-25 13:26:23

I guess he needs to do more. More private planes and mansions for Al Gore, please.

Comment by CalifoH20
2015-09-25 13:50:12

Dont be jealous of his hard work and success. You too could have done something with your life if you were not so lazy.

You can be pro-environment and a rich-mo-fo!

Comment by The Order Of The Golden Chainsaw
2015-09-25 14:14:15

I am anti environment and I am very rich because of that.

Comment by phony scandals
2015-09-25 15:58:47

“You can be pro-environment and a rich-mo-fo!”

I’m making over $75k a month working part time. I kept hearing other climate scientists tell me how much money they can make falsifying data so I decided to look into it. Well, it was all true and has totally changed my life. This is what I do…

++➤➤➤➤➤➤ ­­­­­­­­­­­­­­­­­­­w­­­­­­­­­­­­­w­­­­­­w­­­­­­.­­­­­­prosecuteclimateskeptics.­­­­­­c­­­­­­o­­­­­­m­­­­­­

Leader of 20 scientist effort to prosecute climate skeptics under RICO revealed as ‘Climate Profiteer’! ‘From 2012-2014, the Leader of RICO 20 climate scientists paid himself and his wife $1.5 million from government climate grants for part-time work.

Read more:

Comment by junior_bastiat
2015-09-25 14:41:55

Still waiting for those oceans to rise. Got my board waxed. What a joke all these predictions are from people who couldn’t pass a college level physics course.

But they sure can work with the lobbyists, hand in glove.

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Comment by CalifoH20
2015-09-25 10:52:38

You need a soc sec # to get welfare. I never see Mexicans begging. Mostly white guys who like to “camp.”

Comment by X-GSfixr
2015-09-25 11:42:20

“Border Fence” = diversion to distract the idiots from the real fix.

You DONT NEED A FREAKING WALL!!!!!!!! All you need is to start throwing some people in jail for employing them. I dont understand why this concept is so hard to understand.

For all of their “law and order” talk, Republicans sure seem to have some kind of disability, when it comes to throwing caucasian business people in jail. Maybe its because their constituents that matter like things the way they are. Another example of “privatizing the profit, socializing the costs”

Just doing out part to keep other societies stable, by importing all of their uneducated wretched refuse.

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Comment by CalifoH20
2015-09-25 13:52:45

+1 seems like they dont really want to solve the “problem.” Smoke and mirrors for the sheeple.

Comment by clueless
2015-09-25 14:30:44

I noticed “the Donald” hasn’t picked up this concept. If he isn’t owned he should run with this simple idea.

Comment by Oddfellow
2015-09-25 21:02:48

If he isn’t owned he should run with this simple idea.

+1 Especially since it’s so much more cost-effective, and he’s supposed to be the great businessman.

Comment by Mafia Blocks
2015-09-25 10:16:12

CraterRage Photo Of The Day

Comment by Goon
Comment by WPA
2015-09-25 10:42:46

Reuters: “Kentucky clerk in gay marriage dispute switches to Republican Party”

Isn’t Kim Davis the Einstein. She’s just now figuring out that her belief aren’t aligned with the Democrats?

BREAKING … Kim Davis revealed to actually be Dick Cheney in drag … DEVELOPING

Comment by Raymond K Hessel
2015-09-25 18:43:42

Kim’s sorry ass should be fired for not executing her lawful duties. If her job puts her in conflict with her religious beliefs, she needs to quit her job - end of story.

Comment by CalifoH20
2015-09-25 10:48:15

Shiller is all over the map. He says stocks are high, but personally he is invested. wishy washy in today’s Yahoo interview.

Comment by The Order Of The Golden Chainsaw
2015-09-25 14:52:55

He’s always been like that. That’s why he’s always right. LOL

Comment by CalifoH20
2015-09-25 10:50:45

I woke up with out my Boehner today. He knows trouble is coming, shutdown, too much spending/debt…. getting out before the crash.

Comment by redmondjp
2015-09-25 12:09:55

Comment of the day!

I guess he’s no longer the party tent pole . . .

In a related question, what’s the over/under on a government shutdown?

Comment by oxide
2015-09-25 13:13:09

Most of my office thinks that there will be a shutdown. Unless Congress has a continuing resolution totally ready for a walk-around passage and signature, there simply isn’t enough procedural time to pass anything by October 1. And Republicans do not want to pass a continuing resolution because that would continue everything as is, including the funding for Planned Parenthood.

The view here is that a shutdown, if any, will be a few days at most. I have no idea.

By the way, you’ll probably hear a few feds whine about “how will I feed my family, how would you like to work without pay.” Anyone who does that has just revealed that they are living paycheck to paycheck.

Comment by The Order Of The Golden Chainsaw
2015-09-25 13:24:40

Na ga ha.

In other words, Not gonna happen. Cuckservatives love the gobmit as much as anybody.

Comment by Rental Watch
2015-09-25 17:10:59

As I mentioned yesterday, a government shutdown would give gasoline to Trump to throw on the fire. And as much as Democrats say that’s what they want, they really don’t. The GOP certainly doesn’t want it.

No shutdown.

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Comment by Raymond K Hessel
Comment by CalifoH20
2015-09-25 12:05:52

Gotta love how people come out and say that Boehner is a RINO. And so many other GOP kooks are just RINOs too. It is what it is, That is the GOP, your boys.

I cant say Kobe Bryant is not a true Laker, just because he lost the game.

If I buy a McDonalds burger I cant complain that it tastes horrible and should have been like a Shake Shack burger.

get it?

Comment by phony scandals
2015-09-25 15:54:17

Sounds like you gotta Boehner.

Comment by rms
Comment by phony scandals
2015-09-25 16:09:58

Damn! That is the Gimp!

Didn’t end well for the Gimp did it.

Comment by rms
2015-09-25 18:48:20

“Damn! That is the Gimp!”

The son following in dad’s footsteps.

Comment by azdude
2015-09-25 18:13:04

more FED hype till the next meeting?

Comment by Raymond K Hessel
Comment by SD_LI
2015-09-25 19:17:17

redmondjp, if I amy ask, how bad have the Indian H1Bs been where you’ve worked at?

Comment by Professor Bear
2015-09-25 23:09:59

Do ONLY black lives matter, or do all lives matter?

Comment by Professor Bear
2015-09-25 23:11:53

Post Nation
After Texas deputy’s death, a reminder of the increased anxiety felt by law enforcement officers amid protests
By Mark Berman August 31

Mourners gather at a Houston gas station where Harris County Sheriff’s Deputy Darren Goforth was shot and killed. (James Nielsen/Houston Chronicle via AP)

On Friday, Darren Goforth, a sheriff’s deputy in Texas, was filling up his car with gas when another man approached him and opened fire. Goforth, a married father of two children, died after being shot multiple times by a gunman who continued firing after the deputy had fallen to the ground, authorities said. The following day, police announced that they had arrested Shannon J. Miles, 30, and charged him with capital murder.

Authorities have not publicly identified a motive in the shooting yet, other than to say they believe Goforth “was a target because he wore a uniform,” as Ron Hickman, the sheriff of Harris County, said at a news conference Saturday. Even before Miles’s name and arrest were announced, Hickman and Devon Anderson, the county’s district attorney, linked the shooting to the protest movement focused on how police use lethal force.

“This rhetoric has gotten out of control,” Hickman said. “We’ve heard ‘black lives matter,’ ‘all lives matter.’ Well, cops’ lives matter, too. So why don’t we just drop the qualifier and just say ‘lives matter’ and take that to the bank?”

Comment by Professor Bear
2015-09-25 23:14:28

Does global warming explain the big increase in murder rates this year?

Comment by Professor Bear
2015-09-25 23:15:28

Murder Rates Rising Sharply in Many U.S. Cities
AUG. 31, 2015
Essence Gilchrist, 15, center, from Milwaukee, said she knew Tariq Akbar, 14, who was fatally shot on July 3. Milwaukee has had more killings this year, with the summer not yet over, than all of 2014. Credit Alyssa Schukar for The New York Times

MILWAUKEE — Cities across the nation are seeing a startling rise in murders after years of declines, and few places have witnessed a shift as precipitous as this city. With the summer not yet over, 104 people have been killed this year — after 86 homicides in all of 2014.

More than 30 other cities have also reported increases in violence from a year ago. In New Orleans, 120 people had been killed by late August, compared with 98 during the same period a year earlier. In Baltimore, homicides had hit 215, up from 138 at the same point in 2014. In Washington, the toll was 105, compared with 73 people a year ago. And in St. Louis, 136 people had been killed this year, a 60 percent rise from the 85 murders the city had by the same time last year.

Law enforcement experts say disparate factors are at play in different cities, though no one is claiming to know for sure why murder rates are climbing. Some officials say intense national scrutiny of the use of force by the police has made officers less aggressive and emboldened criminals, though many experts dispute that theory.

Comment by Professor Bear
2015-09-25 23:21:59

The Wall Street Journal
Opinion Commentary
‘Black Lives Matter’—but Reality, Not So Much
The movement was founded on a falsehood. Scapegoating the police ignores the true threats to the urban poor.
By Jason L. Riley
Sept. 8, 2015 7:31 p.m. ET

Falsehood flies, and truth comes limping after it, so that when men come to be undeceived, it is too late; the jest is over, and the tale hath had its effect.

— Jonathan Swift (1667-1745)

A Black Lives Matter protest in St. Paul, Minn., Aug. 10.
Photo: Associated Press

The great lie of the summer has been the Black Lives Matter movement. It was founded on one falsehood—that a Ferguson, Mo., police officer shot a black suspect who was trying to surrender—and it is perpetuated by another: that trigger-happy cops are filling our morgues with young black men.

The reality is that Michael Brown is dead because he robbed a convenience store, assaulted a uniformed officer and then made a move for the officer’s gun. The reality is that a cop is six times more likely to be killed by someone black than the reverse. The reality is that the Michael Browns are a much bigger threat to black lives than are the police. “Every year, the casualty count of black-on-black crime is twice that of the death toll of 9/11,” wrote former New York City police detective Edward Conlon in a Journal essay on Saturday. “I don’t understand how a movement called ‘Black Lives Matter’ can ignore the leading cause of death among young black men in the U.S., which is homicide by their peers.”

Actually, it’s not hard to understand at all, once you realize that this movement is not about the fate of blacks per se but about scapegoating the police in particular, and white America in general, for antisocial ghetto behavior. It’s about holding whites to a higher standard than the young black men in these neighborhoods hold each other to. Ultimately, it’s a political movement, the inevitable extension of a racial and ethnic spoils system that helps Democrats get elected. The Black Lives Matter narrative may be demonstrably false, but it’s also politically expedient.

Comment by Professor Bear
2015-09-25 23:25:44

‘Black Lives Matter’ Movement Getting Blacks Killed
Larry Elder | Sep 10, 2015

Despite the lack of evidence that there is an increase in cops shooting blacks, let alone shooting blacks unlawfully, a few recent killings of blacks by cops has spawned the so-called Black Lives Matter movement. But over the past 45 years, per the Centers for Disease Control, police killings of blacks are down 75 percent. What are on the increase, year-to-year, are cop killings.

The No. 1 preventable cause of death of young black males is homicide — usually at the hands of other blacks. The primary cause of preventable death among young white males is auto accidents.

Predictably, the Democratic National Committee recently adopted a “black lives matter” resolution. It promotes the phony narrative that blacks remain victims of racism. If Democrats truly want to help, they would rethink their welfare state policies that have decimated black families. In 1950, only 18 percent of blacks were born outside of wedlock. Today, that number is over 70 percent.

Left-wing-driven welfare state policies have incentivized women into marrying the government, and men into abandoning their financial and moral responsibility. Obama once said a kid growing up without a father is 20 times more likely to end up in jail.

Where is the Black Lives Matter movement on that?

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