October 17, 2015

Bits Bucket for October 17, 2015

Post off-topic ideas, links, and Craigslist finds here. Please visit my Youtube channel which you can also find here:

http:tinyurl.com/http-hbb-com




RSS feed

156 Comments »

Comment by Professor Bear
2015-10-17 04:40:47

Don’t fight the Fed if you want to make it to the WH.

Comment by Professor Bear
2015-10-17 04:43:26

Fortune
Trump: Zero interest rates are Yellen’s political gift to Obama
Chris Matthews
October 16, 2015, 11:58 AM EDT
Donald Trump, president and chief executive of Trump Organization Inc. and 2016 Republican presidential candidate, speaks during the Values Voter Summit in Washington, D.C., U.S., on Friday, Sept. 25, 2015. Bloomberg Bloomberg via Getty Images

Trump claims the Fed is trying to postpone a recession until the next administration.

Donald Trump has been an outspoken critic of the Federal Reserve for years now. When the Fed announced its third round of quantitative easing back in 2012, he accused the central bank of “creating false phony numbers,” driving down the value of the dollar and risking inflation.

Three years later, Trump couldn’t be more wrong. The dollar has soared in value over the past year, while inflation this year has been so low that Social Security recipients aren’t even getting a cost-of-living adjustment.

But Trump has never been one to let evidence get in the way of a good story, and in a Wednesday interview with Bloomberg Television the Republican Presidential hopeful said that “Janet Yellen for political reasons is keeping interest rates so low that the next guy or person who takes over as President could have a real problem.”

Trump didn’t give any reason for why he believed Yellen was acting for political reasons. And it’s hard to fathom what they could be since there’s plenty of compelling economic evidence, like near-absent inflation and significant labor market slack, for keeping rates at zero—regardless of what President Obama thinks. But Trump did offer another prediction: that the next administration could have a “real beauty” of a recession on its hands when rates are finally raised.

Comment by Professor Bear
2015-10-17 07:49:48

“…like near-absent inflation and significant labor market slack, for keeping rates at zero…”

Did the writer confuse cause (ZIRP ad infinitum) with effect (near-absent inflation and slack labor market)?

It’s a mistake any amateur could make.

Comment by WPA
2015-10-17 09:29:50

slack labor market

Unemployment has been trending downward for years. Help Wanted signs are going unanswered in some parts of the country. Look, they can’t even fill the job of House Speaker (chortle, chortle).

(Comments wont nest below this level)
 
Comment by MightyMike
2015-10-17 10:16:37

“…like near-absent inflation and significant labor market slack, for keeping rates at zero…”

Did the writer confuse cause (ZIRP ad infinitum) with effect (near-absent inflation and slack labor market)?

No, he was stating that low inflation is the reason that she has not increased interest rates.

(Comments wont nest below this level)
 
 
Comment by Raymond K Hessel
2015-10-17 12:41:31

Three years later, Trump couldn’t be more wrong. The dollar has soared in value over the past year, while inflation this year has been so low that Social Security recipients aren’t even getting a cost-of-living adjustment.

Utter bullsh*t from an Oligopoly propaganda outlet. The dollar has only “soared” relative to even more debased currencies like the Yen and Euro. Your buying power, in case you hadn’t noticed, hasn’t soared at all, especially at the grocery store, the doctor, or if you’re a renter. According to the Chapwood Index - which unlike the Fed’s faked CPI uses a methodology that reflects real expenditures by real people - inflation is running around 9.5%. The CPI is deliberately designed to screw retirees out of a COLA - to the Fed, the only demographic that counts is its .1% patrons, and their net worth has soared thanks to the trillions in fiat currency Zimbawe Ben and Yellen the Felon have lavished on them.

 
 
Comment by azdude
2015-10-17 05:48:11

Without all the wall street funny money who would be able to afford all the negative campaign adds on TV?

 
Comment by IrbalVayAgra
2015-10-17 06:21:46

I misread this to say “if you make it to the whitehouse”. But I guess that’s SOP.

 
Comment by The Selfish Hoarder
2015-10-17 10:58:52

Only the worst waste of lifeforms want to rule.

 
 
Comment by Ol'Bubba
2015-10-17 05:09:40

Forty degrees at 8am this morning in North Carolina after a beautiful week of blue sky weather. It’s time to get the warmer clothes out and soon the shorts and golf shirts will go into a state of dormancy.

Peak foliage is a week or two away.

Comment by Mafia Blocks
2015-10-17 05:30:23

Temps are falling as quickly as NC housing prices.

 
Comment by SUGuy
2015-10-17 08:23:48

Snow is in the forecast this weekend for Syracuse New York, Temp to dip around 28 degrees. Its time to start the furnaces. I have been using the gas fire place at the office for the past few days.

Comment by Ol'Bubba
2015-10-17 09:17:01

I went to college in upstate NY (Buffalo). I remember one October where we got hit with around 6 inches of snow. I think it was the last week of the month, but gee, it really dropped morale because it was a significant accumulation and it hit so early.

 
 
Comment by RioAmericanInBrasil
2015-10-17 09:33:16

It’s time to get the warmer clothes out and soon the shorts and golf shirts will go into a state of dormancy.

In Rio it’s shorts, sandals and very lightweight shirts 90% of the time. Now that summer’s almost here it’s time to put away the low cut socks.

Every time I go back to USA I bring back a bag of warmer clothes to store in my mom’s attic that I never needed to bring here.

Comment by ProxyServer
2015-10-17 10:17:37

You’ve lived in Brazil for how many years? Yet every time you go back you are still bringing warm clothes back to moms? I thought you knew all about Brazil and had been going there for years before you moved down there.

Comment by RioAmericanInBrasil
2015-10-17 10:28:55

You’ve lived in Brazil for how many years? Yet every time you go back you are still bringing warm clothes back to moms?

Yes. Started bring the clothes a couple few years ago. They rot. And books, and boots, and presents a bunch of other stuff I’ll need when I move back. Thought we’d go to Argentina and Chili to ski a lot to sky. Maybe move to Rio Grande do Sul. Not gonna happen.

But you don’t doubt I live in Brazil but I tell you what. I’ll be in the USA in the next year and you or anyone post $500 to Ben’s blog and I’ll meet an HBBr in KC and show my papers. Maybe I’ll go to California too and we can meet there.

But no one will do it because you Rio Brazil deniers are clowns. ;)

(Comments wont nest below this level)
Comment by Prime_Is_Contained
2015-10-17 10:38:29

I actually would like to meet you—but not because I’m a denier. But KC?? That’s a tough sell. :-)

 
Comment by RioAmericanInBrasil
2015-10-17 12:17:16

I actually would like to meet you—

Thanks!

But KC?? That’s a tough sell.

But KC is awesome in mid August. :)

(It actually was a couple months ago with temps way below average.)

And KC still has affordable homes relative to income.

 
Comment by Mafia Blocks
2015-10-17 16:01:29

Lola the phoney Homey

 
Comment by San Diego RE Bear
2015-10-17 21:16:48

Further proof it’s time for a Midwest HBB Meet Up Ben! KC works well for me! (So would Tulsa, OKC, Branson, Eureka Springs, etc) Think about it!

 
 
Comment by Mafia Blocks
2015-10-17 10:34:46

Explains Lolas backpedalling from posting a picture for years.

Why lie Lola?

(Comments wont nest below this level)
Comment by Raymond K Hessel
2015-10-17 12:44:58

Mafia, it seems like you spend an inordinate amount of time and energy in here attacking other posters for no good reason.

 
Comment by Mafia Blocks
2015-10-17 12:58:06

Data my friend…. data.

Flower Mound, TX Housing Prices Fall 4% YoY

http://www.movoto.com/flower-mound-tx/market-trends/

 
 
 
Comment by scdave
2015-10-17 10:19:21

In Rio it’s shorts, sandals and very lightweight shirts 90% of the time ??

76 here today…Shorts and t-shirt for awhile longer..When it does get cooler, I am still in shorts but have a sweat-shirt on…There are probably 4-8 weeks a year that I where levi’s…

 
 
 
Comment by phony scandals
2015-10-17 05:47:26

The science is settled

[…][N]ew satellite-derived temperature measurements show there’s been no global warming for 18 years and six months.

“For 222 months, since December 1996, there has been no global warming at all,” writes climate expert Lord Christopher Monckton, the third viscount Monckton of Brenchley”

Oh, wait a minute.

“Now, new research suggests the whole thing may have been based on incorrect data.”

“the National Oceanic and Atmospheric Administration adjusted past data to account for new insights.”

There, now the settled science that appeared to be unsettled has been resettled and there can be no denying that the resettled science is now and has always been the settled science except for the flaw in the data of the scientists that showed unsettled science that had been previously settled.

Global Warming ‘Hiatus’ Challenged by NOAA Research

By JUSTIN GILLISJUNE 4, 2015

Icebergs in Lallemand Fjord in Antarctica. In its research, the National Oceanic and Atmospheric Administration adjusted past data to account for new insights.

Scientists have long labored to explain what appeared to be a slowdown in global warming that began at the start of this century as, at the same time, heat-trapping emissions of carbon dioxide were soaring. The slowdown, sometimes inaccurately described as a halt or hiatus, became a major talking point for people critical of climate science.
Stories from Our Advertisers

Now, new research suggests the whole thing may have been based on incorrect data.

When adjustments are made to compensate for recently discovered problems in the way global temperatures were measured, the slowdown largely disappears, the National Oceanic and Atmospheric Administration declared in a scientific paper published Thursday. And when the particularly warm temperatures of 2013 and 2014 are averaged in, the slowdown goes away entirely, the agency said.

“The notion that there was a slowdown in global warming, or a hiatus, was based on the best information we had available at the time,” said Thomas R. Karl, director of the National Centers for Environmental Information, a NOAA unit in Asheville, N.C. “Science is always working to improve.”
Photo

A NOAA buoy in Nantucket Sound that records and reports ocean water temperature and other data in near real-time. Credit National Oceanic and Atmospheric Administration

The change prompted accusations on Thursday from some climate-change denialists that the agency was trying to wave a magic wand and make inconvenient data go away. Mainstream climate scientists not involved in the NOAA research rejected that charge, saying it was essential that agencies like NOAA try to deal with known problems in their data records.

At the same time, senior climate scientists at other agencies were in no hurry to embrace NOAA’s specific adjustments. Several of them said it would take months of discussion in the scientific community to understand the data corrections and come to a consensus about whether to adopt them broadly.

Comment by Oddfellow
2015-10-17 07:04:18

“NOAA is one of four agencies around the world that attempts to produce a complete record of global temperatures dating to 1880. They all get similar results, showing a long-term warming of the planet that scientists have linked primarily to the burning of fossil fuels and the destruction of forests. A huge body of physical evidence — notably, that practically every large piece of land ice on the planet has started to melt — suggests the temperature finding is correct.”

Comment by Professor Bear
2015-10-17 07:52:58

Back to 1880 is not “long term.” It’s a blip in geologic time, and even in human history.

Comment by Oddfellow
2015-10-17 08:10:09

Thanks, professor. I’ll alert the world’s scientists that they have it all wrong.

(Comments wont nest below this level)
 
Comment by Oddfellow
2015-10-17 08:17:31

We burned a couple hundred million years worth of stored carbon during that blip. Does you see any possible problems that might result from such activity?

(Comments wont nest below this level)
Comment by Professor Bear
2015-10-17 13:38:31

Could be, but it’s a bit challenging to reset the clock 135 years and rerun history without all the industrial carbon output. And even if you could, you’d only have two data points on which to base the comparison.

You can see why a compelling narrative is essential for packaging the analysis of short-term data blips.

 
Comment by Oddfellow
2015-10-17 20:06:07

it’s a bit challenging to reset the clock 135 years and rerun history without all the industrial carbon output.

Wow, so science is actually impossible, because we can’t reset the clocks and rerun history.

It’s amazing how much smarter non-scientists are about science that actual scientists. It makes you wonder why we pay those brainiacs when all their conclusions are so easily dismissed and so obviously wrong.

 
Comment by redmondjp
2015-10-17 20:27:09

Correlation doesn’t equal causation. There is no proof at all that burning carbon has anything to do with the temperature rise. That is the problem. It’s a hypothesis at best.

 
Comment by Oddfellow
2015-10-17 20:37:53

There is no proof at all that burning carbon has anything to do with the temperature rise

What would constitute proof for you?

 
Comment by Professor Bear
2015-10-18 07:56:44

There’s plenty of evidence of an unholy alliance between politicians who make hay menacing the populace with hobgoblins related to climate change and global warming and the scientists who rely on said politicians to maintain their grant funding.

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.

– H. L. Mencken

 
Comment by Professor Bear
2015-10-18 07:58:34

“It’s amazing how much smarter non-scientists are about science that actual scientists.”

Please work on that grammar and spelling before lecturing us further on science.

 
Comment by Prime_Is_Contained
2015-10-18 08:38:55

Wow, so science is actually impossible, because we can’t reset the clocks and rerun history.

That’s one of the dumbest statements that I have ever heard.

LOTS of science makes sense in a lab, and can produce and publish _reproducible_ results for well-constructed experiments; we are able to produce _scientific_ results based upon a great many hypotheses being tests by these experiments. We call that process ’science’.

What we do with ‘climate’ does not appear to be science at all; there are no experiments, no controls, no reproducibility. We analyze data of questionable quality, and then change this data in ways that we argue make it ‘better’. This is not science; it is a soft science (like social sciences) at best.

 
 
 
Comment by Blue Skye
2015-10-17 08:10:58

Great Lakes boaters call the NOAA “Comedy Central”. They never know what current conditions are.

Comment by Mafia Blocks
2015-10-17 08:14:23

PennState/AccuWeather. No better modeling and forecasting on the planet.

(Comments wont nest below this level)
Comment by Anklepants
2015-10-17 08:50:06

Joe Bastardi used to work there. See what he thinks of Climate Change.

 
 
Comment by RioAmericanInBrasil
2015-10-17 08:28:14

Great Lakes boaters call the NOAA “Comedy Central”.

Dude. You’re dissing NOAA is Bogus. I relied on NOAA for years. East/West/Gulf coast and Hawaiian surfers totally respect NOAA.

Surf Apps | SURFER Magazine
http://www.surfermag.com/features/surf-apps/
Jan 10, 2011 - The five best iPhone apps for surfers. … The official NOAA buoys are essential tools that pro surfers use, and you should too. This app is …

(Comments wont nest below this level)
Comment by Mafia Blocks
2015-10-17 08:50:30

NOAA is third world forecasting Lola

 
Comment by Blue Skye
2015-10-17 09:38:56

Whatever. I live on the lakes. You don’t. Keep your hat on.

 
Comment by RioAmericanInBrasil
2015-10-17 11:04:36

Whatever. I live on the lakes.

Hmmmm. Really? I’m starting to have my doubts that you live where you say you do. I mean who gets to live on a boat near Canada? You might be lying to “look good” on the HBB.

Like the tale of your “multiple American Citizen, Brazilian greencard holders who live in Brazil and actively protest against the Brazilian government.” (”If they still live here”)

Keep your hat on.

Only partly during today’s game but in general, it’s too humid.

 
Comment by Mafia Blocks
2015-10-17 12:00:17

Post a picture Lola. Defend yourself.

 
Comment by Blue Skye
2015-10-17 14:23:05

I fail to appreciate how being a boat bum makes one look good on the HBB, or how that benefits. Good relative to what anyway.

It is odd that you are amazed that someone here knows a couple of people who are in Brazil, and had the nerve to be on the street protesting the World Cup abuses. I don’t think that would be such a burning ember to a regular person. It should be on the list of things you really do not care about.

 
Comment by RioAmericanInBrasil
2015-10-17 14:46:55

I fail to appreciate how being a boat bum makes one look good on the HBB, or how that benefits.

Exactly. It’s called sarcasm back at him because he thinks I say I live in Brazil to gain some kind of “advantage”. Dang. I really have to explain that?

It is odd that you are amazed that someone here knows a couple of people who are in Brazil, and had the nerve to be on the street protesting the World Cup abuses

You missed it again. Anyone can be on the street, including me. That’s passive and
anonymous. He’s talking about “multiple American Citizen, Brazilian greencard holders who live in Brazil and actively protest against the Brazilian government.” (”If they still live here”) He doesn’t. It’s illegal and he doesn’t know any.

 
Comment by RioAmericanInBrasil
2015-10-17 15:08:13

Exactly. It’s called sarcasm back at him

Not back at “him”, back at you. That was you BlueSky. That’s what happens when I’m watching the game, getting dressed to go out, (Ipanema) washing some dishes and cooking some grub without my reading glasses.

(And responding to your nonsense BlueSky.)

 
Comment by Blue Skye
2015-10-17 15:51:48

Wow, losing an argument with one’s own imagination. What a dingleberry.

 
 
 
Comment by CHE
2015-10-17 13:11:34

Yes because in 1880 thermometers were as super accurate as the ones today. Please…when you are trying to scare me and convince me to accept the wholesale destruction of the middle class way of life over alleged changes in temperature in tenths of a degree based on 150 year old inaccurate instruments it’s not going to work.

The spokespeople for the cause aren’t even scared. They fly around the world on carbon spewing jets, drive around in carbon spewing cars, live in carbon spewing mansions while lecturing the rest of us. If it’s such a problem why aren’t they setting an example for the rest of us they expect to squeeze in to shoebox apartments and bicycle everywhere?

The more I think about it, the more I realize this global cooling/warming/whateveritscalledthisweek is the same scam the TV preachers ran. They preach the gospel while they live extravagantly and cheat on their wives all the while taking their money from elderly people living on meager incomes. Even the rhetoric from the climatists sounds like a preacher…fire and brimstone if you don’t change right now (and make your tithing..er…pay your carbon tax)

Same scam..different packaging…. humans never learn

Comment by RioAmericanInBrasil
2015-10-17 13:26:31

Please…when you are trying to scare me and convince me to accept the wholesale destruction of the middle class way of life over alleged changes in temperature

Seems like someone already scared you and convinced you that taking some action would lead to the wholesale destruction of the middle class way of life - fire and brimstone if we change right now

It wouldn’t.

I think you got scammed. Same scam..different packaging….

(Comments wont nest below this level)
 
 
 
Comment by WPA
2015-10-17 09:05:08

Only 16% of Americans doubt climate change evidence now. “The big shift here is amongst Republicans, and it is a huge one,” said Barry Rabe, professor of public policy and environmental policy at the University of Michigan, and a co-author of the poll. “A majority of Republicans support the evidence behind global warming for the first time since 2008.”

Phony, conservatives are abandoning climate denial in droves. You better join them, you don’t want to miss the train leaving the station :-)

Comment by Blue Skye
2015-10-17 09:48:44

You have to respect survey based science.

Comment by Oddfellow
2015-10-17 09:52:46

The fewer you are, the smarter you must be.

(Comments wont nest below this level)
Comment by Professor Bear
2015-10-17 13:49:06

The process of scientific discovery is typically driven by big thinkers who questioned the established concensus. Opinion surveys play no role except for in the social sciences.

 
Comment by Oddfellow
2015-10-17 20:32:23

The process of scientific discovery is typically driven by big thinkers who questioned the established concensus

But when the Big Thinker is proven correct, then the mainstream of science adopts that theory, and it it becomes the established consensus. Is the theory then automatically wrong because it has become the established consensus?

 
Comment by Professor Bear
2015-10-18 13:07:02

“Is the theory then automatically wrong because it has become the established consensus?”

It depends on the degree to which politicians insert their agendas into the scientific process. There is a very good chance the consensus will cowtow to political influence, even if it requires sacrificing scientific integrity. Scientists have to eat just like other humans.

 
 
Comment by Prime_Is_Contained
2015-10-17 10:36:03

You have to respect survey based science.

:-) Perfect answer, Blue!

(Comments wont nest below this level)
Comment by Oddfellow
2015-10-17 20:35:37

Except that science is consensus based.

 
Comment by Skroodle
2015-10-17 21:24:43

Just try not obeying the Laws of Gravity.

 
Comment by Professor Bear
2015-10-18 08:06:57

“Just try not obeying the Laws of Gravity.”

That’s a nice example. Nobody needed to fill out a survey to prove there is a Law of Gravity. You just needed one scientist dropping apples and such to document it.

A second example is flight. Wilbur and Orville Wright didn’t need a committee of climate change specialists to tell them that their pedal-powered airplane was able to remain aloft.

A third example is Einstein’s discovery of the Theory of Relativity. The community of physicists was as sanctimoniously negative towards Einstein’s ideas as Oddfellow is to anyone who doubts his consensus view that we are all doomed due to climate change. No committee was needed for Einstein to find truth — in fact, consensus thinkers got in the way.

Science by committee is often wrong, due to group think and political and religious pressure to conform to mainstream views.

 
Comment by Blue Skye
2015-10-18 16:26:40

Simple truth PB.

 
Comment by Rental Watch
2015-10-18 19:58:40

Don’t feed your kids peanuts until they’re 2, it contributes to their development of allergies.

Ooops. Wrong.

 
 
 
Comment by phony scandals
2015-10-17 12:55:06

Satellite temperature measurements show no global warming for 19 years
06/08/2015 Wintery Knight Leave a comment
Atmospheric temperature measurements though April 2015
Atmospheric temperature measurements though April 2015

(Image source: Dr. Roy Spencer, University of Alabama – Huntsville)

The best measurements of the Earth’s temperature are the atmosphere measurements, not the surface measurements, because those are more easily tampered with.

Here’s The Daily Caller reporting on the NOAA’s latest effort to tamper with data that we’ve had for years, to make it prove global warming.

Excerpt:

National Oceanic and Atmospheric Administration scientists have found a solution to the 15-year “pause” in global warming: They “adjusted” the hiatus in warming out of the temperature record.

New climate data by NOAA scientists doubles the warming trend since the late 1990s by adjusting pre-hiatus temperatures downward and inflating temperatures in more recent years.

“Newly corrected and updated global surface temperature data from NOAA’s [National Centers for Environmental Information] do not support the notion of a global warming ‘hiatus,’” wrote NOAA scientists in their study presenting newly adjusted climate data.

To increase the rate in warming, NOAA scientists put more weight on certain ocean buoy arrays, adjusted ship-based temperature readings upward, and slightly raised land-based temperatures as well. Scientists said adjusted ship-based temperature data “had the largest impact on trends for the 2000-2014 time period, accounting for 0.030°C of the 0.064°C trend difference.” They added that the “buoy offset correction contributed 0.014°C… to the difference, and the additional weight given to the buoys because of their greater accuracy contributed 0.012°C.”

Scientific critics of global warming alarmism responded quickly:

Climate expert Bob Tisdale and meteorologist Anthony Watts noted that to “manufacture warming during the hiatus, NOAA adjusted the pre-hiatus data downward.”

“If we subtract the [old] data from the [new] data… we can see that that is exactly what NOAA did,” Tisdale and Watts wrote

 
Comment by phony scandals
2015-10-17 13:04:43

“said Barry Rabe, professor of public policy and environmental policy at the University of Michigan, and a co-author of the poll.”

“namely cap-and-trade and taxation schemes for carbon emissions meant to deter the use of fossil fuels.”

December 11, 2008
3:30 PM

Barry G Rabe
Session Three: Market Approaches to Climate Governance

3:30 – 5:15 p.m.

Abundant literature in the economics field documents the merits of market-based systems of environmental protection, with perhaps the most celebrated innovation involving the so-called “cap-and-trade” program established for sulfur dioxide emissions in the 1990s. This session examined the governance challenges of two oft-discussed alternatives that take a market approach, namely cap-and-trade and taxation schemes for carbon emissions meant to deter the use of fossil fuels.

Chair

Vivian Thomson, Department of Environmental Sciences, Department of Politics, University of Virginia; Vice Chair, State Air Pollution Control Board

Authors

Leigh Raymond, Purdue University – The Emerging Revolution in Carbon Emissions Trading Policy. Download Powerpoint Presentation.

Barry Rabe, University of Michigan – The “Impossible Dream” of Carbon Taxes: Is the “Best Answer” a Political Non-Starter? Download Powerpoint Presentation.

Discussants

Timothy Conlan, George Mason University

Christopher James, Synapse Energy Economics, Inc.

The National Conference on Climate Governance was made possible by grants from WestWind Foundation; Muhlenberg College; the Center for Local, State and Urban Policy at the University of Michigan’s Gerald Ford School of Public Policy; Emily Hall Tremaine Foundation; Altria Group, Inc.; and an anonymous Charlottesville foundation.

millercenter.org/scripps/archive/conference/detail/4026 - 56k -

 
Comment by Professor Bear
2015-10-17 13:42:21

How many sheeple deny or recognize that climate change is real has absolutely no effect on scientific reality.

Comment by RioAmericanInBrasil
2015-10-17 13:53:28

How many sheeple deny or recognize that climate change is real has absolutely no effect on scientific reality.

True. However, scientific reality can absolutely affect public opinion.

(Comments wont nest below this level)
Comment by phony scandals
2015-10-17 16:35:14

Barry Rabe, University of Michigan – The “Impossible Dream” of Carbon Taxes: Is the “Best Answer” a Political Non-Starter? Download Powerpoint Presentation.

 
Comment by Tarara Boomdea
2015-10-18 08:46:56

Comment by phony scandals
2015-10-17 16:35:14
Download 3_rabe.ppt

 
 
 
 
 
Comment by Senior Housing Analyst
2015-10-17 05:55:32

Sarasota, FL Housing Prices Crater 19% As Inventory Floods Market

http://www.zillow.com/sarasota-fl/home-values/

Comment by Jingle Male
2015-10-17 09:51:53

……from your own link…

The median home value in Sarasota is $205,400. Sarasota home values have gone up 10.5% over the past year and Zillow predicts they will rise 0.4% within the next year.

In what world is this a crater? Oh, in HA, HA world! HA, Ha, ha, ha, ha!

Comment by RioAmericanInBrasil
2015-10-17 10:00:13

In what world is this a crater? Oh, in HA

Haloperidol HA has been saying rents have been “going down” since at least 2009 - going on at least 7 years.

But in those 7 years, rents have substantially trended up.

Fact: In our entire lifetimes, rent’s in the long term have always trended up. Always.

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2015/07/median%20asking%20rent%20q2%202015.jpg

Comment by Prime_Is_Contained
2015-10-17 10:41:43

Haloperidol HA

LOLZ—that’s a good one, Rio. :-)

(Comments wont nest below this level)
 
 
 
Comment by Mafia Blocks
2015-10-17 10:37:03

Falling prices my friend…. falling housing prices.

Miami Beach, FL Housing Prices Plummet 14% YoY

http://www.zillow.com/miami-beach-fl/home-values/

 
 
Comment by The Order Of The Golden Chainsaw
2015-10-17 05:56:33

Webb: CNN ‘rigged’ Dem debate for Clinton, Sanders

LOL. Gotta love Webb is so clueless.

It has always been rigged, Mr. Webb. The moderators are nothing but partisan hacks. Always been always will be.

Comment by Raymond K Hessel
2015-10-17 07:09:03

James Webb is arguably the smartest and best of all the Democratic candidates. He unfortunately faces an insurmountable obstacle: when 95% of the electorate are stupid, the best candidate isn’t the one that’s going to be sworn in.

Comment by measton
2015-10-17 08:30:21

I have to say I liked his answer as to what the greatest threat to the US was.

China - In terms of trade, in terms of theft of intellectual property, in terms of an expansionistic military, in terms of cyber warfare, in terms gov financed predatory pricing.

ISIS is a pimple on the A## of the world, China is cancer.

 
Comment by WPA
2015-10-17 09:06:54

James Webb was dead wrong when he said Putin invaded Syria because we did the Iran nuke deal.

Comment by measton
2015-10-17 09:21:35

I thought that was bizarre as well.

I’m still voting for Sanders. I thought he should have defended his gun votes better. That anecdotal attack trying to pin blame for a shooting on the seller of ammunition could easily have been brushed aside by pointing out that if the same person had purchased a car and plowed it into a group of people would the dealer and manufacturer be liable? Stupid.

He should have stated his belief that he believes in the right to gun ownership but isn’t against background checks 1 day waiting periods and doing away with gun show loopholes and left it at that.

(Comments wont nest below this level)
Comment by Raymond K Hessel
2015-10-17 15:01:41

Sanders would be a doormat for every tinpot dictator on the planet. If two ratchets at a rally can pawn him, while he stands by impotently, wait until the baddies of the world take his measure.

 
Comment by redmondjp
2015-10-17 20:31:58

Exactly. Sanders couldn’t even deal with two Black Lives Matter ladies (using that term loosely) that took over his stage here in Seattle. Trump would have had them whisked off the stage right away.

 
Comment by Oddfellow
2015-10-17 20:41:12

He stood there and let them have their say. Seems rather gentlemanly to me.

I assume Trump would have had his bodyguards deal with them. Is that more admirable?

 
Comment by Measton
2015-10-17 21:40:30

Sanders didn’t have body guards, so should he have inched them. Third world dictators have had their way w the U.S. For quite a while now getting us to fund their wars and spend American blood for them. Sanders would restructure our energy policy so that Iran and Saudi Arabia don’t matter. He’d restructure our trade so that third world slave labor states wouldn’t have access to our markets w/o cleaning up their gov

 
Comment by Professor Bear
2015-10-18 08:10:15

“I assume Trump would have had his bodyguards deal with them. Is that more admirable?”

Having ‘Black Lives Matter’ ladies take over your stage is a challenge no white politician could want to face. It’s smartest to never mention a work on the subject unless you happen to be black and 100% on board with the movement’s aims, as clearly having bodyguards deal with these folks would send a wrong message!

 
 
 
 
 
 
Comment by Raymond K Hessel
2015-10-17 06:19:20

The Oligopoly pimps should’ve known better than to have both of their hoes working the same street corner.

https://www.washingtonpost.com/news/post-politics/wp/2015/10/16/tensions-escalate-between-the-bush-and-rubio-campaigns/

 
Comment by IrbalVayAgra
2015-10-17 06:20:17

Let me tell you something kid, it ain’t never gonna change. The rich oligarchs have always controlled this country and they always will. There ain’t gonna be no “go time”. There ain’t gonna be no reckoning. It’s just gonna be more of the same, pretty much just like always. The founding fathers were well heeled interested parties. The constitution had no Bill of Rights and the driving force behind the whole constitutional convention was figuring out how to pay off the war debt. Sound familiar?

Hillary/Jeb has always been. It’s just easier to see now with the Internet. I remember my parents admiring JFK. Seriously, the lascivious privileged son of a criminal gangster rich oligarch?

So, I don’t think supporting Trump will change squat. But it is the first time in a generation that I have the chance to cram the old middle finger right up the wazoo of the crooked establishment (that’s always going to win anyway). Some will say that Trump ain’t gonna walk the walk, but for Christ sakes he’s the only one that’s even talking the talk.

Peace.

Comment by Oddfellow
2015-10-17 07:06:31

Can someone explain to me again how Trump is not an oligarch?

Comment by Bill, just South of Irvine
2015-10-17 07:28:18

Exactly. Bunch of idiots don’t think about what they are saying.

Comment by Anklepants
2015-10-17 08:54:36

Because oligarchs don’t break the thick green line and speak out against their own and don’t foment populist sentiment. They also want open borders like you Bill. A truly .01 perecent opinion.

(Comments wont nest below this level)
Comment by Oddfellow
2015-10-17 09:11:50

oligarchs don’t break the thick green line and speak out against their own and don’t foment populist sentiment

Of course they do.

 
Comment by WPA
2015-10-17 09:13:41

Trump has said a lot of bombastic things but he’s never said one word about busting up the big banks or regulating Wall St (except for the little crumb he throws out about taxing hedge fund managers). That’s clue no. 1. Clue no. 2 is his tax cuts for the rich rehashed Bush trickle down plan. Trump = GWB, possibly without the wars.

 
Comment by SUGuy
2015-10-17 10:17:10

Ivanka trump father in-law is Kushner. He is buying thousands of apartments in NYC area these days. He is having a $10,000 dinner plate functions to raise money for Donald Trump. I knew about this first hand information in August.

 
Comment by Raymond K Hessel
2015-10-17 12:51:39

Here’s the litmus test for a true Wall Street reformer:

1. Bring back Glass-Steagall
2. Audit the Fed (a real one) and preferably shut it down.
3. Break up the TBTF banks
4. Campaign finance reform to break the power of the Oligopoly to buy candidates and elections.
5. Put in an Attorney General that enforces the same law for everyone, unlike Holder or whats-her-name that give the .1% a free pass to commit fraud with impunity.

 
 
 
Comment by oxide
2015-10-17 09:41:08

Since you didn’t get it the first time, I’ll explain it again.

“Rich” means you have money.
“Oligarch” means you have money AND you use the money to buy power, usually behind-the-scenes type power. Examples:

Not an oligarch:
Trump
Soros (despite tin foil hats)
Gates

Oligarch:
Kristol
Steyer (but Dems won’t admit it)
Walton family
Ailes/Murdoch
Koch bothers
Paulson/Corzine/Goldman Sachs
Bush Family/Clinton Family (borderline wanna bees)

Oligarch wanna-bees
Romney (money, but not enough)
Megalo CEOs, e.g. Elon Musk and those guys who invented Google
Zuckerman (too new)

Comment by measton
2015-10-17 10:30:57

I’d throw soros in the oligarch category. He funds a lot of political groups here and abroad. He tries to manipulate markets via statements to the press.

Musk not so much. I don’t know of any major political endeavors. He try’s to influence policy and promote electric cars but doesn’t have an army of lobbyists that I know of. The fact that he can’t sell his cars in many states tells you his political bribery isn’t up to par. His satellite launching system is much less expensive and didn’t rely on Russian rockets yet he couldn’t get more than a toe hold in the space game. The big boys were given large contracts despite being much more expensive and thus given time to drive costs down and manipulate the process so they can solidify their hold. Wake me up when he has a monopoly.

(Comments wont nest below this level)
Comment by Prime_Is_Contained
2015-10-17 10:47:02

Musk not so much. I

+1. In fact, I’d argue that NONE of the tech-geek billionaire circle has yet shown any significant ability to buy power and manipulate the system to their benefit. I haven’t really even seen any signs that they are wanna-bees.

 
Comment by oxide
2015-10-17 19:29:23

I’m thinking of Zuckerburg and even Gates pushing for H1-B visa, and Musk pushing for his charging network and interchangeable batteries. Compared to buying wars, maybe it’s a small niche, but they are still trying to influential.

 
Comment by redmondjp
2015-10-17 20:35:21

It was Gates’ daddy’s law firm and Jack Abramoff that did the dirty work for esteemed son Bill.

Read The Greedy Gates Immigration Gambit for the skinny:

http://www.thesocialcontract.com/pdf/eighteen-one/tsc_18_1_nelson.pdf

 
Comment by Measton
2015-10-17 21:46:36

Oxide as far as I know tesla hasn’t asked for gov to fund charging network. The tax credit for buying a tesla existed for all other electrics and before the first model s rolled off the line. I purchased a custom built electric car in 2008 and took a tax credit.

 
 
 
 
Comment by Raymond K Hessel
2015-10-17 07:10:19

+1. Looks like someone cracked the code. It’s a big club and you ain’t in it….

 
Comment by Raymond K Hessel
2015-10-17 07:12:15

There’s a reason the rich oligarchs are backing HillaryJeb, but the repeated reaming the dolts have gotten from Oligopoly-backed candidates selling snake oil like “hope ‘n change” hasn’t stopped them from going back for more each election.

https://www.flickr.com/photos/expd/16629031224/

 
Comment by Professor Bear
2015-10-17 07:54:49

“Seriously, the lascivious privileged son of a criminal gangster rich oligarch?

So, I don’t think supporting Trump will change squat.”

Well snap!

 
Comment by RioAmericanInBrasil
2015-10-17 08:59:07

but for Christ sakes (Trump’s) the only one that’s even talking the talk.

Trump is totally entertaining but what 12 year old level talk is Trump really talking? He talks a few good points about trade deals and I’m sure many of his base like his unworkable immigration stuff, but most of his talk is insulting, pompous, narcissistic, lying, dumb, self aggrandising, racist, sexist and very divisive.

Trump is pouring fuel on America’s building fire of polarization. That is not the stuff of presidential material. Although I admit Trump gives me some chuckles watching him freak out the GOP.

The only one who is talking the talk and would walk the walk is Bernie Sanders imo but he’s almost as unelectable as Trump.

Comment by Raymond K Hessel
2015-10-17 13:02:44

Trump is pouring fuel on America’s building fire of polarization.

Wrong, he’s saying out loud what Americans are saying in their own kitchens, despite the oligarchy and their media lapdogs trying to strenuously suppress any and all debate on verbotten topics. Don’t confuse cause and effect. The polarization is growing because people are feeling alienated from a system that doesn’t represent them or their interests.

Comment by RioAmericanInBrasil
2015-10-17 13:33:28

Don’t confuse cause and effect. The polarization is growing because people are feeling alienated from a system that doesn’t represent them or their interests.

But wouldn’t that go against your theme that 95% of the people are stupid? And that they just listen to the politicians - the people taking their que from the top down?

The past 20 years the rhetoric on the right has gotten way ahead of the people in spouting hate and vitriol.

(Comments wont nest below this level)
Comment by Raymond K Hessel
2015-10-17 15:08:46

Voting against your own interests is prima facie evidence of stupidity, no? When you have a “choice” of a Soros-backed community organizer pitching “hope ‘n change” snake oil or even more appalling GOP “alternatives” - all of them Wall Street water carriers, globalists, and corporate statists - it doesn’t take a penetrating analysis to see who’s going to get screwed, and it ain’t the .1%.

Not sure what “rhetoric on the right” you’re talking about, though I’d readily admit there are a lot of rabble-rousers on the right who would make Elmer Gantry cringe.

 
 
 
 
 
Comment by ProxyServer
2015-10-17 06:23:29

Today I’m posting from Antartica.

Comment by Blue Skye
2015-10-17 08:14:01

Keep your ball cap on.

 
 
Comment by Raymond K Hessel
2015-10-17 07:21:40

Goon, your Tinder privileges are hereby revoked until you can prove you’ve been to consent class.

http://www.breitbart.com/big-government/2015/10/16/male-students-do-not-go-to-consent-classes/

Comment by Professor Bear
2015-10-17 08:01:35

Stories are circulating about rejected females accusing disinterested would-be beaus of rape to get them into trouble with campus administrations gone vigilante.

 
 
Comment by Ol'Bubba
2015-10-17 08:00:57

Here’s a Craigslist find. Isn’t it curious that this is posted in a city that’s over 300 miles away from Baltimore.

I’m not familiar with Baltimore at all. I’m interested in comments from folks who are familiar with the neighborhood.

http://charlotte.craigslist.org/reo/5175326873.html

Comment by Mafia Blocks
2015-10-17 08:12:57

I’m very familiar with the area. I highly advise you get those lofty promises in writing before you agree to anything. I guarantee they won’t do it for you. You’ll be under water from day one. And negative cash flow.

Comment by Ol'Bubba
2015-10-17 08:43:09

The tell is when a property is pitched to out-of-towners.

 
 
Comment by Jingle Male
2015-10-17 11:05:19

1460 SF for $49,000 is $33/SF

That is below reproduction cost. If fact, that is below HA reproduction cost!

Comment by Prime_Is_Contained
2015-10-17 11:08:29

And yet it might still be way overpriced for Balti-morgue. :-)

 
 
Comment by Raymond K Hessel
2015-10-17 12:58:35

Think I’d pass on that “opportunity.” Even if the houses are cheap, you’d be “investing” in a corrupt, broke, Democrat-run dystopia.

http://www.liveleak.com/browse?q=Baltimore

 
 
Comment by WPA
2015-10-17 09:34:03

This is my last post for today because, as a mortgage slave, I must do chores and upkeep around the house. Funny how that works — I pay the bank to live here yet I feel compelled to give the bank free labor to maintain the asset that is security for their loan — hmmm….

Your thought for the day: Trey Gowdy looks like Pee Wee Herman.

Comment by phony scandals
2015-10-17 13:11:45

“This is my last post for today because,”

http://www.youtube.com/watch?v=barWV7RWkq0 - 165k -

 
Comment by Professor Bear
2015-10-17 14:01:44

A big reason I am not a mortgage slave is that I disliked yard work back when we owned a yard. I applaud our landlords’ steadfast efforts to hire local itinerant laborers to provide lawn service. It gives me a warm glow to know our monthly rent check helps keep others gainfully employed in their chosen occupation.

 
 
Comment by The Selfish Hoarder
2015-10-17 10:16:26

America’s future. All these nice luxury cars I see on the road in Southern Cal are more expensive even for routine maintenance than economy cars. And $4200 PITI in my neighborhood versus $1425 monthly rent. I’ll keep hoarding cash, stacking gold and buying crypto currency:

“Thousands of austerity measures, dramatic cuts in incomes, incredible hikes in taxes. Five and a half years in deep recession. Three bailout agreements. And where do Greeks stand now?”

After 6 years of Austerity, 36% of Greeks in poverty

http://www.zerohedge.com/news/2015-10-17/mission-accomplished-after-6-years-austerity-36-greeks-poverty

Comment by Prime_Is_Contained
2015-10-17 10:51:32

After 6 years of Austerity, 36% of Greeks in poverty

That’s what you get for accepting a common currency that is controlled by a bunch of bureaucrats/technocrats that do not you have your country’s best interests at heart.

If they had any sense, Greeks would have left the Euro post-haste, as soon as the SHTF; if they had, they would have been in much better shape by now.

Comment by The Selfish Hoarder
2015-10-17 10:59:55

Bitcoin Prime. Bitcoin.

Comment by Prime_Is_Contained
2015-10-17 11:07:28

Bitcoin Prime

I have a hard time convincing myself that any one of them will remain dominant; as PB frequently reminds us, they do appear incredibly replacable, with essentially zero barriers to entry for a new variant.

About all that you need to start a new one are a few folks who are willing to expend CPU cycles signing block-chains for each other. Where is the scarcity? Sure, there is scarcity in any one crypto-currency, but zero scarcity in the aggregate of all of them.

I have a hard time trusting my hard-earned money to that.

(Comments wont nest below this level)
Comment by Professor Bear
2015-10-17 14:07:32

Thanks for sparing me the need to repeat myself yet again. Glad to know someone actually understood my point about the vulnerability of bitcoin to close substitutes, particularly given a lack of barriers to entry.

The Fed must grasp this, as they seem unconcerned about bitcoin posing a serious threat to dollar hegemony.

 
Comment by The Selfish Hoarder
2015-10-17 16:09:20

“close substitutes” - look at the top 10 crypto currencies. http://cryptocurrencies-review.toptenreviews.com/

Bitcoin, Litecoin, Dogecoin, Blackcoin, etc.

I have some of the top 10. I delved into this stuff. From experience I know Bitcoin has the infrastructure and apps advantage. While it may not exist ten years from now but some other might exist - Dogecoin perhaps - some crypto currency will be the top. For the time being, bitcoin appears like it will be the reigning crypto currency existing a generation from now.

And of course PB loves the Federal Reserve, banks printing money out of thin air, and Keynesianism. Far worse than any of the top ten crypto currencies.

 
Comment by Blue Skye
2015-10-17 17:21:25

It’s hard to accept extrapolating something so fragile into the next generation.

I think one of the best things about bitcoin is that it facilitates getting money out of China and into USD in some other part of the world. Nothing to see, nothing to hide. How long will that trend last?

With anybody that wants to making up competing e-credits, it will tend toward zero in the long run. The Fed advantage is that they can shut down most competitors.

 
Comment by Bill, just South of Irvine
2015-10-17 19:04:24

The Fed cannot shut down Bitcoin or the other crypto currencies. It is decentralized. Anyone can have a full bitcoin node on their computers, easy peasy. The software is open source.same with other crypto currencies.

If anyone hates bankers wars and the Fed, yet chooses fiat over other currencies, I laugh at them. Such fools. The solution is to shift into precious metals and crypto currencies.

If the people currently into the dollar shifts only ten percent out of the dollar to crypto currency, the interest rates would enormously raise the cost of U.S. Wasteful military empires and the forceful downsizing of American empire will be underway. I don’t care if the Dollar is replaced. I just want some competing currencies used to insure against endless wars.

 
Comment by Blue Skye
2015-10-17 19:25:37

Insurance is a great idea until everyone wants to collect at once!

Bitcoin is not the last bastion of anything, it is the front runner gimmick. I think it will blow away like fall leaves when the next financial crisis bumps.

 
Comment by Professor Bear
2015-10-17 20:02:21

“The Fed cannot shut down Bitcoin or the other crypto currencies. It is decentralized. Anyone can have a full bitcoin node on their computers, easy peasy. The software is open source.same with other crypto currencies.”

But likewise Bitcoin cannot shut down other crypto currencies. In its success lies the seeds of its own destruction due to dilution by cheap knockoffs.

 
Comment by Blue Skye
2015-10-17 20:30:43

Backed by confidence. It can be a sharp edge.

 
Comment by Skroodle
2015-10-17 21:29:04

Bitcoin can be shutdown if the NSA controls 50.1% of the nodes.

 
Comment by Professor Bear
2015-10-18 08:12:31

And the Fed and the NSA clearly could work together to make that happen if the Fed were truly concerned.

 
Comment by Blue Skye
2015-10-18 16:24:59

It’s mostly in China. Wouldn’t touch it with a 10 ft pole.

 
 
 
 
Comment by Raymond K Hessel
2015-10-17 12:54:54

The Greeks voted election after election for a currupt political class while gaming the system and fiddling the tax man. Now the chickens have come home to roost. I have no sympathy.

 
 
Comment by Mafia Blocks
2015-10-17 10:49:50

It’s priceless watching the Lola’s $hit all over themselves over The Donald. :mrgreen:

Comment by CalifoH20
2015-10-17 17:40:28

DT: he will build a border fence, deport 11k a day and go to war with Iraq AND give you a tax cut. Believe it sheeple!!!

 
 
Comment by Senior Housing Analyst
2015-10-17 10:57:12

Boston Metro Housing Prices Plunge 9% YoY On Cratering Housing Demand

http://www.zillow.com/ma/home-values/

 
Comment by Raymond K Hessel
 
Comment by evelyn
2015-10-17 15:12:34

House down the street from here, in Central Florida, recently sold in less than a week, purchased at full asking price (based on comps, a mere $70K above what it should have been listed for), and financed with a no-money-down VA loan. The buyer is a boomerang buyer, who let everything else go off into foreclosure and bankruptcy when the crash hit this area several years ago. But now, rewarded for being out of the market for a few years, becomes a homeowner once again with none of his own money in the game.

I guess I should be happy to see houses selling for nearly what I paid for mine back in 2006, and the sale of this particular house at such a high price and in such a short time has provoked other neighbors to quickly list their houses, too. Maybe the whole neighborhood can be bought up using no money down VA loans. Maybe I should get my house in sale-ready condition and find myself a boomerang buyer, too.

But I am still smarting from the crash, having lived next door to a house that has been bought and sold four times by four different flippers in the last 7 years, each ekeing out a few thousand dollars in profit, and, thanks to the crash, unable to sell my home without bringing a couple hundred thousand dollars to the table (until this most recent sale, which if I could sell at the same price, would require I only had to bring about $15K to the table, not including any repair issues.)

I am still resentful of the others who bought houses in my neighborhood at 50+% discounts from my former neighbors who decided to take the path of the strategic default and who, upon moving in, dared to tell me that I should invest more money into my landscaping as part of “equity preservation.” Uh, no amount of new landscaping would help me recover from living with an underwater mortgage (which I obtained with over 25% cash down) for the last several years. As I have told them, they are welcome to spend money on their homes, but I won’t ever spend another unnecessary dime on mine.

I do sound kind of cranky about all of this, and I guess I am. It has been a nightmare since 2008. The only bright light I see is from the plan I have hatched to give me a little satisfaction: finally converting my house into a rental as soon as my youngest heads to college next year. A few homes in my neighborhood have been rented by college students, and that is my plan, too - let a bunch of college students rent my large house, and let their parents pay off my mortgage while I go live on the beach and skype with my kids (who will all be off at their respective colleges on full tuition rides.) That would give me great satisfaction.

Revenge would be if I decided to participate in Section 8. Depending on how my HOA acts this year, that may remain an option.

Comment by Mafia Blocks
2015-10-17 15:50:45

Post a link of the shack.

Comment by azdude
2015-10-17 16:53:29

flippers have made a killing over the past 6 years. Buy low, sell high.

I would offload my shack onto u for the right price partner!

Comment by Mafia Blocks
2015-10-17 17:24:11

crushing.housing.losses.

Sequim, WA Housing Prices Crater 12%; Housing Demand Plummets

http://www.zillow.com/sequim-wa/home-values/

(Comments wont nest below this level)
Comment by redmondjp
2015-10-17 20:39:47

Once again, you demonstrate your ignorance and stupidity, HA.

Sequim is a highly-desired retirement location in Western WA. Why? It is in the center of the rain shadow of the Olympic Mountains (where there is triple-digit annual rainfall in places), and one of the dryest places on the west side of the Cascades with temperate weather.

 
Comment by Mafia Blocks
2015-10-17 20:46:25

and prices are down 12% YoY my friend. Prices are falling in towns and cities across WA.

Kirkland, WA Housing Prices Crater 12%; Housing Demand Plummets

http://www.zillow.com/kirkland-wa-98033/home-values/

 
 
 
 
Comment by Blue Skye
2015-10-17 17:34:38

Evelyn,

Sorry that you have been in a debt trap for now almost a decade.

The best revenge is to get out of debt. Take the short path. Life after nesting is good if you can handle the emotional retirement. Life on the beach is good if you don’t have debts to pay.

 
Comment by rms
2015-10-18 00:39:37

“Maybe I should get my house in sale-ready condition and find myself a boomerang buyer, too.”

Since you bought in 2006, the peak, you’d be smart to get out while you can… if you can.

 
 
Comment by Raymond K Hessel
2015-10-17 15:16:06

WTF. Remember when excellence and setting the bar high was the key to advancement and success? Not any more. This Asian kid is being blatantly discriminated against, yet you won’t hear a peep from the Masters of the Universe or their Lefty water-carriers because they’re busy with their social engineering.

http://www.acting-man.com/?p=40772

 
Comment by Raymond K Hessel
2015-10-17 15:18:00

Comrade Pelosi must be giddy with joy these days thinking of all those millions of entitlement voters headed to these shores.

https://www.conservativereview.com/commentary/2015/10/report-limitless-immigration-creating-permanent-democrat-majority

 
Comment by phony scandals
2015-10-17 16:34:04

Comment by WPA
2015-10-17 09:05:08

Only 16% of Americans doubt climate change evidence now. “The big shift here is amongst Republicans, and it is a huge one,” said Barry Rabe, professor of public policy and environmental policy at the University of Michigan, and a co-author of the poll. “A majority of Republicans support the evidence behind global warming for the first time since 2008.”

Phony, conservatives are abandoning climate denial in droves. You better join them, you don’t want to miss the train leaving the station :-)
———————————————————————————-

Barry Rabe, University of Michigan – The “Impossible Dream” of Carbon Taxes: Is the “Best Answer” a Political Non-Starter? Download Powerpoint Presentation.

Comment by Blue Skye
2015-10-17 17:42:04

You forgot to mention that the supposed hold outs with reservations are those with a higher education. You know, those that can understand the language of the dialog, but don’t find logic and truth abounding.

 
 
Comment by Professor Bear
2015-10-17 19:50:29

Too bad, so sad for China’s retail investors who plowed into the maw of an epic stock market collapse.

Why does it always have to work out so badly for the proles?

Comment by Professor Bear
2015-10-17 19:53:21

Glass Half Full
As China’s stock market tanked, new retail investors kept climbing aboard, government data shows
Ride on, cowboy!
(Reuters/Aly Song)
Written by
Richard Macauley Obsession
China’s Transition
October 13, 2015

Just weeks after record numbers of investors signed up to participate in China’s rapidly growing stock markets in April, the markets plummeted, wiping trillions of dollars worth of value from the companies listed there. Investors sold out of Chinese stocks, even as China’s state-owned companies tried to prop up the markets, so quickly that it was called a stampede.

But somehow during the massive correction, and the weeks that followed, the number of people in China opening new brokerage accounts to buy “A-shares,” as Chinese mainland-listed stocks are called, continued to rise at a steady pace. On June 12, the day markets crashed, there were 87.9 million brokerage accounts registered to the public trading A-shares, but by the end of September there were 94 million, data from the China Securities Depository and Clearing Company shows.

 
 
Comment by Mafia Blocks
2015-10-17 19:56:50

The DonkeyRage is over the top.

Comment by Blue Skye
2015-10-17 20:28:13

Reality breathing down their necks?

Comment by Mafia Blocks
2015-10-17 20:33:03

Theyre burning with rage. :mrgreen:

 
 
 
Name (required)
E-mail (required - never shown publicly)
URI
Your Comment (smaller size | larger size)
You may use <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong> in your comment.

Trackback responses to this post