Bits Bucket for November 5, 2015
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The Housing Bubble
Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole.
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Name:Ben Jones
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People were camping out in the street in the early hours of Thursday morning – some since the day before – in order to be first in line to purchase studio flats in a west London complex for £199,000.
The new flats, based in the former UK headquarters of American Airlines, will not be ready to move into until the autumn of 2017.
The developer, Galliard, is selling 228 new flats, starting at £199,000 for a 301 sq ft “studio suite” up to £355,000 for a one-bedroom apartment, and they are being sold on a first-come, first-served basis.
Because they are being built under government rules allowing a change of use from offices to residential, Galliard has not had to provide any social housing on the site.
http://www.theguardian.com/money/2015/nov/05/homebuyers-camp-out-overnight-for-chance-to-buy-affordable-flat
Bottoms up… subjects!
Tens of thousands of activists disguised as Guy Fawkes are expected to the flood streets of over 671 cities as the Anonymous-led Million Mask March sweeps the globe. The hacktivist group and its followers will protest censorship, corruption, war and poverty.
For the fourth year in a row the “Anonymous army,” as the group likes to call its activists, will rise up and take part in rallies and protests from Sydney to Los Angeles and Johannesburg to London.
https://www.rt.com/news/320798-million-mask-march-anonymous/
I wonder how many can manager to stagger away from their PC’s, laptops or tablets to attend; dammed few I would expect.
An organized anarchy event. Hilarious.
I hate the way Anonymous and anarchists have hijacked the Guy Fawkes mask as a symbol of opposition to tyranny. “V for Vendetta” was a brilliant movie, and the mask symbolized the Everyman (and woman) finally fed up enough to openly defy a regime that had become intolerably repressive and evil.
I’ve been to protests/demonstrations against the World Bank and international trade deals where Black Bloc “anarchists” were present. And I have met self-proclaimed “activists” with Anti-Racist Action. This was about the time frame of 2000-2003, before I had ever heard the phrase social justice warrior.
These groups, and Anonymous, aren’t anarchists or libertarians, they’re just typical progressives. Before smartphones and cheap digital cameras, I always noticed they had really expensive looking cameras to record video of police.
Violent anarchists are straight-up thugs and criminals.
but mostly unarmed
when u get to VA be very polite
Sweet little cupcakes who will retire from their anarchist pursuits back to their $40,000 a year private colleges paid for by mommy and daddy. They might ride their $1000 bike or $20,000 plus car, also paid for by parents. Then they’ll post about it on $2000 Apple laptops put together by some slave in China.
THIS.
Any “progressives” reading this right now, we know what a fraud you are.
“Progressives” are incapable of telling the truth to themselves or others, or taking a moral stand against corruption. That makes them vile, failed human beings as well as frauds.
What do you guys think was the progressive movement’s biggest mistake?
I say giving women the right to vote. Or maybe our national parks.
‘Colloquially known as the “Anthony Amendment”, it was first introduced in the Senate by Republican Senator Aaron A. Sargent of California.’
‘Much of the opposition to the amendment came from Southern Democrats, a trend which remained consistent with Tennessee as the last state to pass the amendment’
https://en.wikipedia.org/wiki/Nineteenth_Amendment_to_the_United_States_Constitution
“Southern Democrats”
The South has long been the least progressive part of the country. It should follow that it’s the best part, if progressivism is so dastardly.
The unskilled, uneducated, hard working people on their porches all day in the south will testify to that!
Jeb 2016
“The unskilled, uneducated, hard working people on their porches…”
I would speculate that those people don’t vote, just like I’d speculate that unskilled, uneducated, hard working inner-city types don’t either.
But it’s cute to watch partisans move immediately to society’s least common denominator to try to make their point.
I am a Libertarian.
Libertarian… liberal… same thing. Bow down to the Donald, progressive scum!
“I am a Liberace
tarian.Donald is a Republican.
I bow down to no man.
Mafia loves his Liberaces: http://liberace.org/
The Donald live in your empty skull…. rent free.
Remember, Remember the Fifth of November…Let it never be forgot.
https://www.youtube.com/watch?v=KKvvOFIHs4k
I’ll eat my hat if we are anywhere near a global recession
The fiscal spigot is opening in the US, China and Europe, and the world’s money growth is near a 25-year high
The damp kindling wood of global economic recovery is poised to catch fire.
For the first time in half a decade of stagnation, government policy has turned expansionary in the US, China and the eurozone at the same time. Fiscal austerity is largely over. The combined money supply is surging.
Such optimistic claims are perhaps hazardous, given record debt ratios in most areas of the world and given that we are six-and-a-half years into an aging economic cycle that might normally be rolling over at this stage. It certainly feels lonely.
http://www.telegraph.co.uk/finance/economics/11973507/Ill-eat-my-hat-if-we-are-any-where-near-a-global-recession.html
“eat my hat”
If it’s a Tilley, they’ll give you another one.
http://packpaddle.com/2014/tilley-hat-eaten-elephant-3-times/
Fiscal austerity is so twentieth century.
The fiscal spigot is opening in the US
No, it isn’t. Monetary policy (money supply) and fiscal policy (government spending) are two different things. The conservative economic imbeciles in Congress, who still believe in failed trickle down supply side theories, have a tight lid on the fiscal spigot. THAT is the prime reason the recovery has been so lackluster. Supply side has injected huge sums of money at the top, like a layer of oil floating on water. Without fiscal policy (such as addressing USA’s massive infrastructure repair backlog), jobs, wages, and money remain relatively stagnant for the middle class.
These problems will get worse with Paul Ryan as speaker. He is truly an economic illiterate and imbecile.
lol@Lola
The “backlog of infrastructure repair” is the direct result of corrupt and wasteful government officials, employees and greedy public unions.
Instead of spending money on INFRASTRUCTURE, the money has been diverted to slush funds and oversized salaries, pensions and benefits for public employees.
Because of inept and corrupt management, the LA Department of Water and Power now has over a million miles of pipes that are now over 100 years old. Water main breaks are a daily occurrence leading to hundreds of thousands of gallons lost while we are in the MIDDLE OF A DROUGHT.
Meanwhile those a-holes demand ratepayers empty their pools and let their lawns go brown. Then, when the ratepayers comply, the DWP jacks up water rates because of the loss of revenue.
Also, they’re trying to float other rate increases so pay for the backlog of infrastructure repair THEY’VE CREATED!
50% - yes 50% of DWP employees make over $100,000 a year!
http://salaries.latimes.com/dwp/?min_amount=100000&year=2012&sort=total_pay#results
CalTrans is also a disaster.. a recent report from the non-partisan Legislative Analysts Office says Caltrans is overstaffed by 3,500 full-time engineers costing a HALF A BILLION dollars a year.
http://www.sacbee.com/news/politics-government/dan-walters/article2599870.html
How exactly would pouring even more money in to these wasteful agencies ensure this “infrastructure backlog” would be dealt with?!?!?
50% - yes 50% of DWP employees make over $100,000 a year!
That’s not really a high salary in Southern California.
Looks like the chinese stock market has found a bottom maybe?
I would feel very confident buying manipulated assets.
Fundamental transformation, Soros-style.
http://www.independent.co.uk/news/world/europe/eu-expecting-another-3-million-refugees-migrants-before-end-of-2016-a6722096.html
Another neo-con “mission accomplished.”
http://www.telegraph.co.uk/news/worldnews/europe/11977254/Europes-migrant-crisis-likely-to-last-for-20-years-says-International-Development-Secretary.html
The most devious liars in the room.
http://www.theburningplatform.com/2015/11/04/the-most-devious-liars-in-the-room/
Read it!
If you were paying attention earlier in this article you might remember Obama and Lew announced a $493 billion deficit, not a $620 billion deficit. A critical thinking person might wonder why the National Debt went up by 26% more than the deficit officially reported by our trustworthy leaders. This is where the hocus pocus of government accounting enters the picture.
You just don’t count things that would make the deficit bigger. You pretend the SSI and SSDI entitlement programs aren’t running deficits. You pretend you are being paid back by Fannie and Freddie, when it is just meaningless accounting entries. And this doesn’t even scratch the surface of the true annual deficits. Laurence Kotlikoff, professor at Boston University, is one of the few honest men in academia when it comes to economics and our dire financial straits. Using true accrual accounting, our annual deficits are really $5 trillion per year.
You pretend the SSI and SSDI entitlement programs aren’t running deficits
11k persons turn 65 each day…..for the next 15 yrs. Got Entitlements ready?
And they’re all headed for a box 6 foot in the ground.
The biggest liar is Bush Jr….Although, Daddy has come to little Jr’s defense…It wasn’t Jr. !! It was Cheney, Rumsfeld and everyone else…So, all of you that voted for this nit-wit that drove our country and economy into a ditch stand up and be counted…
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&uact=8&ved=0CCoQqQIwAWoVChMIqon1u8D5yAIVE_5jCh1juAkF&url=http%3A%2F%2Fwww.cnn.com%2F2015%2F11%2F05%2Fpolitics%2Fbush-biography-nyt%2F&usg=AFQjCNEhnjYlTsb0Mm8lLHVfbEw4yBTMKQ&sig2=tQtJ0xb3yq73sDRVvcc7gg&bvm=bv.106674449,d.cGc
Dick Cheney has set himself up in a spacious empty skull.
Beg to differ. He did exactly what his big-energy buddies told him to. Enron really can be traced back to him, as he told FERC to stand down when the whole California deregulation debacle was going on (shutting down power plants on purpose to jack up energy prices).
“stand up and be counted…”
Never going to happen. The closest you’ll get is to listen for the loudest of the BO haters (*cough* 2Banana *cough*). Their guilt for voting for GWB bubbling to the surface and on full display, also missing the irony that they delivered BO to us.
“Our country is broke. It’s not broke in 75 years or 50 years or 25 years or 10 years. It’s broke today. Indeed, it may well be in worse fiscal shape than any developed country, including Greece. In reality we’re facing a fiscal gap of $210 trillion. That’s 16 times larger than official U.S. debt, which indicates precisely how useless official debt is for understanding our nation’s true fiscal position, and almost 12 times the current GDP of $18 trillion.” —Laurence Kotlikoff, professor at Boston University
Broke don’t matter as long as you have the world’s reserve currency. And we have two of them: the dollar, and T-bills. Treasuries are a de facto currency that bears interest, and everybody in the world wants them.
‘The head of the U.S. Federal Reserve said on Wednesday that China is selling U.S. Treasury bonds because the yuan is under depreciation pressure. There has been speculation that China and central banks in other countries are spending their dollar reserves to support their currencies, in order to offset an expected drain of capital due to slowing economies.’
http://finance.yahoo.com/news/china-selling-u-bonds-because-182529754.html
It seems like it’s not working very well, if the stories on ex-patriot Chinese real estate investment are true.
China may be selling treasuries but so far it doesn’t matter because there’s a steady supply of buyers. The 10-year today is at about 2.25%, down from its 3.0% peak in early 2014.
ex-patriot Chinese
Good one.
China and her dependents, like Brazil and Canada, are bleeding out cash like a stuck pig. It’s not a strategy.
“like Brazil”
Glad I got out of BRLs when I did…
“Broke don’t matter as long as you have the world’s reserve currency.”
Ok Deficits don’t matter Dick Cheney.
If they did, everything should have blown up long ago. I think old Deathmask Dick was onto something.
Clearly they do matter and you’re seeing why right now.
Our country is broke. It’s not broke in 75 years or 50 years or 25 years or 10 years. It’s broke today.
Nevertheless, people all over the world are willing to lend the government money at very low interest rates.
We have lots of debt, and lots of expenses, and lots of income.
As of right now, those things look pretty bad in combination–especially if you are honest about the reality of demographics.
But we also have lots of assets and GDP to tax.
b.r.o.k.e. BROKE my friend.
Saw this linked from Google News.
How our housing choices make adult friendships more difficult, article highlight:
“The key ingredient for the formation of friendships is repeated spontaneous contact.”
http://www.vox.com/2015/10/28/9622920/housing-adult-friendship
And this is why I will never live in auto-dependent suburbia.
Who said Trump would be out by November? I just saw a pic of him with his registration check for the NH primary.
Trump v. Hillary, I’ll take it. Hillary will get the 30 percent of hardcore leftists Lolas like WPA and Caliphate20. Trump will get the 30 percent hardcore R or anti Hillary. Who plays better in the middle?
Trump is an authoritarian buffoon, but he’s not a liar and murderer like Hillary.
Yes, I like it. He’s for enforcing the laws, like on illegal immigration. I think our trade policies and NAFTA SHAFTA can use a little authoritarianism.
His word choices aren’t the best, but I do like that he’s p*ssing off the amnesty crowd.
“Yes, I like it. He’s for enforcing the laws, like on illegal immigration. I think our trade policies and NAFTA SHAFTA can use a little authoritarianism.”
Yup. Agreed. The Donald knows how to negotiate and he tells it like it is. We’ve been getting hosed. His words feels like a hit of oxygen while stuck in a sick politically correct, progressive, Kardasian sewer.
A vote for Hillary is a vote for crony capitalism and sanctions corruption and kletocracy.
It’s telling that the GOP base has overwhelmingly rejected Jeb Bush, i.e. the crony capitalist status quo, while the Democrat base continues to rally around the evil, corrupt-to-the-core Hillary Clinton. Says something about how broken the moral compass is on just about every registered Democrat, doesn’t it?
“doesn’t it?”
Probably not. Some tire of dynasty before others.
Says something about how broken the moral compass is on just about every registered Democrat, doesn’t it?
The polls show that 55% of Democrats support Hillary and 33% support Bernie.
Who said Trump would be out by November ??
I did….But I did not say November….I said Thanksgiving….
If Trump is the nominee, Hillary wins. Trump will mobilize the Hispanic vote in large numbers and they will probably go 75-25 for Clinton. The large numbers of Hispanic voters will be held down to some degree due to voter suppression techniques used by Republicans.
The “progressive” narrative is to erase any distinction between legal and illegal immigration.
The Latino poors in places like Walsenburg and Alamoso, Colorado, who can trace their roots there beyond the United States or Mexico for that matter (this area of Colorado was a land grant from the Crown of Spain) will see no benefit from the amnesty of illegal aliens from Guatemala, Honduras, El Salvador.
This “progressive” strategy of blurring distinctions is remarkably similar to the neocon strategy of blurring distinctions between countries and ethnicities (i.e. Arabs vs Persian) in the Middle East when they manipulate the American electorate into supporting illegal preemptive wars.
Progressives and neocos all serve the same globalist masters.
The “progressive” narrative is to erase any distinction between legal and illegal immigration.
I’ll grant you that. Just to show I don’t march in lockstep with the Dems, I do not agree with the “Dreamer” laws in California. Undocumenteds get admission into Calif public universities and some of them obtain better financial aid packages than native citizens do. And that irks the heck out of me. I really feel sorry for citizen kids — of any color — who can’t go to UCLA because a Dreamer took a seat in their place.
Progressocons. Neogressives. Oops, that last looks like, sounds like, uh-oh, is that racist?
I like Progressocons better anyway.
To say nothing of their nemesis, the Neobots.
“Trump will mobilize the Hispanic vote in large numbers ” - At least that’s what the lame stream media would have you believe.
Trump protesters went to where they film Saturday Night Live to deliver a petition of some sort. The petition allegedly has 500,000+ signatures but only about 35 protestors made it! I guess they’re worried about ICE showing up.
They also demanded NBC not allow Trump to host the show…apparently NBC values ratings more than a few illegals opinion for some reason.
“NBC Thumbs Nose At Protesters, Unveils Donald Trump ‘SNL’ Promos Including 3 “Not For Air””
http://deadline.com/2015/11/donald-trump-snl-promos-nbc-protest-rally-video-1201607731/
http://www.thewrap.com/donald-trump-snl-protest-a-bust-draws-tiny-crowd/
” Who plays better in the middle?”
I voted for Obama twice, and I regret it. So… not voting dem, but not sure who I will vote for. Probably sit this one out.
Don’t like Bernie?
Maybe…
Vote for some fringe whacko, just to encourage them.
“Vote for some fringe whacko, just to encourage them.”
Funny!
GLOBAL COOLING: Decade long ice age predicted as sun ‘hibernates’
SCIENTISTS claim we are in for a decade-long freeze as the sun slows down solar activity by up to 60 per cent.
By Jon Austin
PUBLISHED: 03:07, Thu, Nov 5, 2015
A team of European researchers have unveiled a scientific model showing that the Earth is likely to experience a “mini ice age” from 2030 to 2040 as a result of decreased solar activity.
Their findings will infuriate environmental campaigners who argue by 2030 we could be facing increased sea levels and flooding due to glacial melt at the poles.
However, at the National Astronomy Meeting in Wales, Northumbria University professor Valentina Zharkova said fluctuations an 11-year cycle of solar activity the sun goes through would be responsible for a freeze, the like of which has not been experienced since the 1600s.
From 1645 to 1715 global temperatures dropped due to low solar activity so much that the planet experienced a 70-year ice age known as Maunder Minimum which saw the River Thames in London completely frozen.
http://www.express.co.uk/…/GLOBAL-COOLING-Decade-long-ice-age-predicted-as-sun-hibernates - 165k -
Drudge Report has another link from the UK Daily Express titled “meltdown myth: Antarctic ice growing is just the first evidence global warming is not real”
https://en.m.wikipedia.org/wiki/Daily_Express
And their owner/publisher:
https://en.m.wikipedia.org/wiki/Richard_Desmond
Prior to buying the Daily Express, Richard Desmond was best known in the UK as a pornography publisher.
He is also the publisher of supermarket tabloid OK! Magazine.
That’s how I get informed on the latest warming warmism news, LOLZ.
Irregular heartbeat of the Sun driven by double dynamo
Last Updated on Thursday, 09 July 2015 12:41
A new model of the Sun’s solar cycle is producing unprecedentedly accurate predictions of irregularities within the Sun’s 11-year heartbeat. The model draws on dynamo effects in two layers of the Sun, one close to the surface and one deep within its convection zone. Predictions from the model suggest that solar activity will fall by 60 per cent during the 2030s to conditions last seen during the ‘mini ice age’ that began in 1645. Results will be presented today by Prof Valentina Zharkova at the National Astronomy Meeting in Llandudno.
It is 172 years since a scientist first spotted that the Sun’s activity varies over a cycle lasting around 10 to 12 years. But every cycle is a little different and none of the models of causes to date have fully explained fluctuations. Many solar physicists have put the cause of the solar cycle down to a dynamo caused by convecting fluid deep within the Sun. Now, Zharkova and her colleagues have found that adding a second dynamo, close to the surface, completes the picture with surprising accuracy.
The Royal Astronomical Society (RAS), founded in 1820, encourages and promotes the study of astronomy, solar-system science, geophysics and closely related branches of science. The RAS organises scientific meetings, publishes international research and review journals, recognises outstanding achievements by the award of medals and prizes, maintains an extensive library, supports education through grants and outreach activities and represents UK astronomy nationally and internationally. Its more than 3800 members (Fellows), a third based overseas, include scientific researchers in universities, observatories and laboratories as well as historians of astronomy and others. Follow the RAS on Twitter
http://www.ras.org.uk/…/2680-irregular-heartbeat-of-the-sun-driven-by-double-dynamo - 29k -
What part of warmists gonna warm do you fail to understand?
Actually the first evidence is that none of the predictions of the last 30 years have come true.
Before that they were predicting an ice age. Talk about long cycle mood swings.
GLOBAL COOLING: Decade long ice age predicted as sun ‘hibernates’?
Vanilla Al Gore? - Ice Ice Baby - YouTube
http://www.youtube.com/watch?v=rog8ou-ZepE - 364k -
GLOBAL COOLING: Decade long ice age predicted as sun ‘hibernates’?
Ice Cube - No Vaseline (N.W.A Diss) - YouTube
http://www.youtube.com/watch?v=bvRc7pwnt0U - 221k -
Infinite growth is not possible in a finite ecosystem.
P.S. warmists gonna warm.
“Infinite growth is not possible in a finite ecosystem.”
Ya know Goon
Looking behind the Green Mask and calling out the Carbonazis who are wanting to save the planet with a Goldman Sachs carbon-credit market and a George Soros owned coal industry does not necessarily mean you are in favor of a coal rolling F-350 in every driveway and pouring toxic waste in every river.
—————————————————————–
How Goldman Sachs invented cap and trade
Posted on June 6, 2012 by quidsapio Leave a comment
From “The Great American Bubble Machine”, Rolling Stone Magazine July 9-23 2009:
By MATT TAIBBI
The new carbon-credit market is a virtual repeat of the commodities-market casino that’s been kind to Goldman, except it has one delicious new wrinkle: If the plan goes forward as expected, the rise in prices will be government-mandated. Goldman won’t even have to rig the game. It will be rigged in advance.
Here’s how it works: If the bill passes, there will be limits for coal plants, utilities, natural-gas distributors and numerous other industries on the amount of carbon emissions (a.k.a. greenhouse gases) they can produce per year. If the companies go over their allotment, they will be able to buy “allocations” or credits from other companies that have managed to produce fewer emissions: President Obama conservatively estimates that about $646 billion worth of carbon credits will be auctioned in the first seven years; one of his top economic aides speculates that the real number might be twice or even three times that amount.
The feature of this plan that has special appeal to speculators is that the “cap” on carbon will be continually lowered by the government, which means that carbon credits will become more and more scarce with each passing year. Which means that this is a brand-new commodities market where the main commodity to be traded is guaranteed to rise in price over time. The volume of this new market will be upwards of a trillion dollars annually; for comparison’s sake, the annual combined revenues of all’ electricity suppliers in the U.S. total $320 billion.
quidsapio.wordpress.com/2012/06/06/how-goldman-sachs-invented-cap-and-trade/ - 71k
Maybe this is why China built all there phony power plants that are not needed ? They can shut them down and sell the carbon credit to places were power is needed.
Will Goldman be working with the IRS to collect these funds? Will the IRS put them in general revenue or will GS distribute them to worth causes around the globe?
It’s okay, even if temperatures do go on a downswing, someone will be sure to massage the data so it matches the predictions of warming.
Add this to the Fed’s list of malfeasance.
http://www.businessinsider.com/us-cash-isis-iran-fed-2015-11
America’s labour market is not working
It matters if many prime-aged adults believe they cannot earn enough to support a family
best part’s at the end:
What might explain the extent to which prime-aged men and women have been withdrawing from the labour market in the US over a long period? The comforts of idleness cannot be a plausible explanation since the US has the least generous welfare state among high-income countries. High minimum wages cannot be blocking job creation and so persuading low-skilled workers to abandon the search for jobs. According to the Organisation for Economic Co-operation and Development, US minimum wages were 20 per cent below UK levels in real terms in 2014 and far further below the generous levels in France. Moreover, the US still has the OECD’s least-regulated labour market.
So what might explain the trends? In the case of prime-aged women, the absence of affordable childcare would seem a plausible explanation. Society has apparently decided it does not want to pay to keep women in the workforce.
Another possible explanation is that labour market flexibility allows employers to substitute the young and the old for prime-aged workers. The US has relatively high participation rates for people aged 15 to 24. It has also experienced a big rise in the participation rate for people over 65, from 13 per cent in 2000 to 19 per cent in 2014. The latter puts it behind only Japan in the G7. Low minimum wages and high transport costs for workers living in sprawling US conurbations might also make low-wage work unprofitable. Particularly in the case of men, the numbers with criminal records created by mass incarceration might also help explain the difficulty in finding jobs and so their withdrawal from the labour force.
Finally, does the declining participation of prime-aged adults matter? Yes, it must: it matters if many believe they cannot earn enough in the labour market to support a family; and it matters if mothers lose their connection to the labour market. The relentless decline in the proportion of prime-aged US adults in the labour market indicates a significant dysfunction. It deserves attention and analysis. But it also merits action.
http://www.ft.com/intl/cms/s/0/4dcb5c58-818d-11e5-8095-ed1a37d1e096.html#axzz3qSsrnALR
Maybe if dipsh*ts like you stopped electing crony capitalists whose oligarch puppetmasters are sucking the productive economy dry, we’d have a healthier labor market and living wage jobs.
Maybe if dipsh*ts like you stopped promoting phony Trojan Horse candidates like Donald Trump who is a crony capitalist who will enable oligarch puppetmasters to suck the productive economy dry once in office, we’d have a healthier labor market and living wage jobs.
Like the current administration or differently? The interesting thing about Trump is that he isn’t taking Wall St money like all the other pretenders.
Like the current administration or differently? The interesting thing about Trump is that he isn’t taking Wall St money like all the other pretenders.
That’s all for show, a part of his act. The favors will come after Inauguration Day.
^ What WPA said.
They all serve the same masters. And that ain’t us.
A billionaire running on his own dime offers the possibility of being independent from Wall Street crony capitalists, but not in any way the proof.
The possibility that he might commit a crime later is not proof that he will either. Chances are better when there are no priors. Chances are worse when the Congress is already a viper pit.
“to suck the productive economy dry once in office,”
That’s what Obama’s payback Porkulus plan did.
KoKo! KoKo! KoKo!
Don’t let Raymond K get you down Mighty.
Everybody has problem people they have to deal with while they are at work.
“Problem person” is an interesting description of Raymond. I would think that we could up with something to describe specifically what the problem is, but that can wait. For now, he’ll just be the problem person.
I still remember the day in the summer of 2008 when I heard someone call Barack Obama a socialist. That set off a fad which hasn’t ended yet. Use of words ending in -ist and -ism became very popular. It hasn’t been good for the national political discourse.
A fad? That’s what you’re calling it? It doesn’t mean that it isn’t true.
And arguing that it hasn’t been good for discourse is simply laughable. You are essentially suggesting that we all sit down, shut up, and go along for the ride.
I was referring to the use of words ending in -ist and -ism. That’s the fad. I don’t know how long it will last, but it will fade away at some point, perhaps when there’s a Republican in the White House again. My suggestion is that we discuss actual issues, such as economic growth, health care, war and peace, etc., instead of talking about various isms.
All the D and R candidates ARE socialists.
Demonizing certain words and ideas is a tried-and-true method of thought control for the masses. Very Orwellian.
Whenever I hear somebody flinging around “Socialist”, I ask them to define it. To date, none of them has even come close to the correct definition.
The world is full of loud mouthed idiots that are absolutely sure of themselves.
How about you define it and then we’ll discuss.
mmmkay?
But it also merits action.”
More H1B visas that will solve it
B…b…but I thought that Greece was fixed, and the Eurozone financial crisis contained. The corporate media said so.
http://www.zerohedge.com/news/2015-11-05/21-million-greeks-face-blackout-public-power-company-unpaid-bills-soars
There are only two ways to fix too much debt.
The first way isn’t possible and the second way can only be postponed.
When will America jail its banksters?
http://www.batr.org/corporatocracy/110415.html
Senator Barak Obama on the debt ceiling, 16 March 2006:
“Mr. President, I rise today to talk about America’s debt problem.
“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies.
“Over the past 5 years, our federal debt has increased by $3.5 trillion to $8.6 trillion. That is “trillion” with a “T.” That is money that we have borrowed from the Social Security trust fund, borrowed from China and Japan, borrowed from American taxpayers. And over the next 5 years, between now and 2011, the President’s budget will increase the debt by almost another $3.5 trillion.
“Numbers that large are sometimes hard to understand. Some people may wonder why they matter. Here is why: This year, the Federal Government will spend $220 billion on interest. That is more money to pay interest on our national debt than we’ll spend on Medicaid and the State Children’s Health Insurance Program. That is more money to pay interest on our debt this year than we will spend on education, homeland security, transportation, and veterans benefits combined. It is more money in one year than we are likely to spend to rebuild the devastated gulf coast in a way that honors the best of America.
“And the cost of our debt is one of the fastest growing expenses in the Federal budget. This rising debt is a hidden domestic enemy, robbing our cities and States of critical investments in infrastructure like
bridges, ports, and levees; robbing our families and our children of critical investments in education and health care reform; robbing our seniors of the retirement and health security they have counted on. Every dollar we pay in interest is a dollar that is not going to investment in America’s priorities. Instead, interest payments are a significant tax on all Americans — a debt tax that Washington doesn’t want to talk about. If Washington were serious about honest tax relief in this country, we would see an effort to reduce our national debt by returning to responsible fiscal policies. (Etc…)”
Crickets…
FoxNewsHate rallies the base with the following links:
Hostility ramps up, report: Iran cyberattacks target WH personnel
Opinion: 36 years since ‘death to America’ and there’s no end in sight
Deadly culprit: Iranian-made explosives behind nearly 200 US troop deaths in Iraq, report says
No “smaller government” or “less regulations” or “lower taxes” happening here.
Because neocons gonna neocon, and Americans are stupid enough to believe it.
Renton-Newcastle, WA Housing Prices Crater 7% YoY As Housing Bust Resumes
http://www.zillow.com/newcastle-wa-98056/home-values/
The UK housing bubble is reaching staggering proportions, with no end in sight.
http://www.telegraph.co.uk/finance/property/house-prices/11976676/House-prices-surge-higher-than-expected-to-9.7pc-annual-growth.html
How I Would Reaffirm Unbreakable Bond With Israel — and Benjamin Netanyahu
Hillary ClintonNovember 4, 2015
http://forward.com/opinion/national/324013/how-i-would-rebuild-ties-to-israel-and-benjamin-neta/#ixzz3qd0ESVLT
Israel to request 5 billion dollars in aid
Aid package requested set to include F-35 stealth jets, Arrow 3 missiles and V-22 Osprey helicopters; issue to be discussed during Netanyahu, Obama meeting next Monday.
Israel has asked the United States to raise the amount of the annual defense aid from the current 3 billion dollars to 5 billion dollars, an American source revealed to Reuters.
http://www.ynetnews.com/articles/0,7340,L-4721343,00.html
Clinton vows to meet Netanyahu during first month in office
In Forward op-ed, front-runner for Democratic nomination promises to confront Iran, pursue ‘two states for two peoples’
http://www.timesofisrael.com/clinton-vows-to-meet-netanyahu-during-first-month-in-office/
Best Friends forever. So what’s few billions among friends.
Hillary can now count on the Jewish vote.
https://www.facebook.com/inthenowrt/videos/541443576006016/
Never mind the Jewish vote (most of whom are secular anyway), it’s the Christian Zionists you need to be worried about.
And remember, their is nothing “Christian” about their belief system, it has nothing to do with the life and teachings of Jesus.
Christian Zionists are an apocalyptic death cult and the moral equivalent of ISIS.
The Washington Times (published by the Unification Church, yes the Moonies) has a link titled “Voters across America reject liberal social proposals, support conservatives” with the following quote:
“Voters hit the stop button on the advance of social liberalism Tuesday in some high-profile races, rejecting a transgender discrimination ban in Houston and marijuana legalization in Ohio, in off-year elections that left conservatives claiming more victories.”
Big government nanny state Republicans want to tell you what drugs you can and can’t put in your body, because they are f*ing hypocrites.
HBB readers, always remember that when you see those Washington Times links (copied and pasted from Drudge Report) that it’s a Moonie rag.
Big Pharma is terrified at the idea of Grannie dealing with her medical issues by hitting a bong rather than buying their pills.
The future of “conservatism” belongs to libertarians under age 40.
And remember, Sheldon Adelson (Likud Party of Israel) spent $5 million to defeat a medical marijuana ballot initiative in Florida in 2014.
All the fake-@ss “conservatives” who post here supporting these big government nanny state Republicans are hypocrites.
If you are a neocon, a progressive, or a big government Republican, you are a f*ing hypocrite. Go look at yourself in the mirror and see what a fraud you are.
“If you are a neocon, a progressive, or a big government Republican, you are a f*ing hypocrite. Go look at yourself in the mirror and see what a fraud you are.”
There are people if they don’t lie, cheat, steal and scam they cannot look at themselves in the mirror. You are asking too much Goon.
Goon - who is your guy or gal in congress?
And none of them discuss the reality that it went down, in not insignificant part, due to legalize-it supporters who voted no due to not wanting to see it Constitutionally (Ohio state) limited to a select number of producers.
Uh-oh another misunderstanding
GERMANY: 19 Year-Old Girl Becomes 4th Migrant Gang Rape Victim in Magdeburg This Month
The German woman was ambushed by “refugees” around 4 AM and brutally raped
GERMANY: 19 Year-Old Girl Becomes 4th Migrant Gang Rape Victim in Magdeburg This Month
by Gateway Pundit | Jim Hoft | November 5, 2015
A nineteen year-old girl at Magdeburg University became the fourth gang rape victim by refugees this month.
The German woman was ambushed by “refugees” around 4 AM and brutally raped. She is currently recovering in a local hospital.
No matter if you’re young or old, the climate is getting worse and worse in Magdeburg, a city filled with migrants.
Three people were arrested in the vicinity of the gang rape.
Early in October a 24 year-old woman was brutally gangraped in a Magdeburg cemetery. Two weeks ago two 19 year-old girls were gangraped by “refugees.”
The locals are worried.
But Merkel will send them a few more thousand migrants anyway.
19 year old girl in German city becomes victim of refugee rape gang …
http://www.youtube.com/watch?v=lVDKkZBAlPQ - 178k -
Doesn’t it just suck when your cultural relativist narrative gets interrupted by some pesky little rapes? Those girls probably needed to “check their privilege” anyway, LOLZ.
They voted for globalism with their vote for Frau Merkel, a former East German communist youth leader. Now they’re getting globalism good and hard.
I have no sympathy. You reap what you sow.
You have no sympathy for rape victims. OK
I have sympathy for all the Germans who are going to be victimized by criminal migrants. But as a nation, this is what they voted for by electing Merkel, a globalist with no loyalty to her own nation and kinfolk.
Easier to overwhelm Germany then invade them.
How dare those gals be outside their homes not wearing burqas and not accompanied by male relatives! And worse yet, a 19-year old female going to school!?
Is rape considered no big deal under Sharia law?
Treasuries creeping toward 52-week highs…what happens when “investors” realize the Fed is going to print away all government and corporate debts and liabilities, and refuse to purchase any more USTs due to unfavorable risk/return proposition? Yellen the Felon will be forced to scramble to not just hike, but jack up rates - which will crush the Fed’s Ponzi markets and asset bubbles, including housing.
http://www.marketwatch.com/investing/Bond/TMUBMUSD10Y?countrycode=BX
What if they stand pat, as they have for over half a decade already?
Expand the chart. The high was at 3.0% in Jan 2014. Rates have a long way to go before we can say “rates are rising.” They’ve been down to flat for almost two years.
You like a static failing morbid economy don’t you Lola?
This from The World and Everything in it…..
After all it is for the children……at least in ILLANNOY.
Time to shut the public school system down.: Obama DOE: Schools Must Offer Mixed Sex Showers
http://gopthedailydose.com/2015/11/03/obama-doe-schools-must-offer-mixed-sex-showers/
The U.S. Department of Education’s Office for Civil Rights has ordered a taxpayer-funded school district in the suburbs of Chicago to allow a male transgender student who dresses like a girl and otherwise identifies as female to use the girls locker room and shower on school premises.
The feds delivered the edict against Township High School District 211 in Palatine, Ill. on Monday, the Chicago Tribune reports.
The Department of Education has given the school district one month to let the student use the girls locker room. If the district does not capitulate, it risks losing federal funding.
And to think, you want to vote these nut jobs back in office?
Behold, the Righties have a new Fear card to play. Potty fears! A tranny might see your wee-wee in the bathroom. Everybody freakout!
It figures you’re the first to leap on that topic Lola.
Are u posting from a Brazil IP today?
WPA is not a T-bone, he is a perfect George and you if you pursue this he will turn into KoKo and you will have to tell him to stop crying.
http://www.youtube.com/watch?v=JC4C_Gcp_dM - 236k -
(Comments wont nest below this level)
She is terrified of anything that involves trickle down.
Region VIII trivia about Lolas getting some “fundamental transformation” here in Trinidad, Colorado, the sex change capital of the United States:
http://www.cbsnews.com/news/the-sex-change-capital-of-the-us/
Gee, what an exciting state you live in.
If the district does not capitulate, it risks losing federal funding
Perhaps this is the problem — having the federal government collect tax dollars then use them to coerce the states/local municipalities to behave as it wishes, without laws needing to be passed at the federal level.
Exactly!
I hate attorneys!! I blame them for shet like this.
Liberace!
The only winner here is me. And I’m living in your head rent free.
Cause - after all it is for the children right?
Yikes - this little f….er is the future of Murika?!
https://www.youtube.com/watch?v=uDW1R9OmOr0
But Donald, Hillary wants people to be able to tell their Transgender sons who want to shower with the other high school girls that they can grow up to be president.
I would have enjoyed high school a lot more if I could have showered with the girls.
And you wonder why they don’t want you in their bathrooms.
^
Ben Jones, please let this one past the filters:
http://www.vice.com/en_ca/read/this-porn-star-loves-to-pee-in-diapers
This is the best solution to the transgender restroom debate, eliminate all public restrooms, and if anyone needs to go outside of their own home, they can just use their diaper.
“I would have enjoyed high school a lot more if I could have showered with the girls.”
Well that speaks volumes.
You preferred showering with boys during your teen years?
Oddfellow
Once again, your comments on this subject are troubling.
I did shower with girls when I was in high school you dumb@ss!
I just did it at their house when their parents weren’t home like a normal American male.
You on the other hand followed the…
“But Donald, Hillary wants people to be able to tell their Transgender sons who want to shower with the other high school girls that they can grow up to be president.”
comment with….
“I would have enjoyed high school a lot more if I could have showered with the girls.”
Which where I grew up and still live is just plain wrong. On top of that you post another comment about “showering with boys during your teen years” which is not just wrong but also disturbing.
So please, just pick a letter and come out already!
You seem rather overexcited by the subject, phony. Maybe you should take a cold shower, and wash that selective outrage right out of your hair.
I would have enjoyed high school a lot more if I could have showered with the girls.
Three problems with this, Oddfellow:
1. Girls don’t like you.
2. You don’t like girls.
3. If you did accidently get your hands on a girl, because, say, she was blind drunk or had abysmal standards, you wouldn’t have the slightest idea of what to do with her.
Ouch, such zingers.
girls.don’t.want.you.in.their.bathroom.
Maybe you trannies and trisexuals could demand your own bathroom like you demand everything else.
LEt us all fear trannys with attorneys.
the decline of western civilization. Thanks Bruce/Catlyn…
How about everyone gets a stall of their own? Everybody happy now?
And its walls go to the floor, so no wide stances.
lol@lola.
So how many different usernames are you using here, Housing Analyst?
One and only my friend. And clearly The Donald is occupying space in your skull.
Are you referring to the fact that I can never un-see The Apprentice?
your.empty.skull.
Get em Donald!
Reports coming in on Uber. And like AirheadBNB, the criminals, junkies and hookers are using it to conduct business.
Pathetic.
capitalism and free markets, people can rent their rooms to ho’s and junkies if they want.
Liberace,
Paying grossly inflated prices for depreciating assets and then having to share the space with local criminals isn’t capitalism.
people are free to chose, no one has to rent their rooms.
We want less regulations, not more.
That’s what happens in California. A cesspool of corruption and crime.
Liberace!
You’re catching on Lib.
Q. If the Fed raises the Fed Funds Rate, is it because the economy is heating up and inflation is beginning to take hold?
A. No. There is no sign of a wage-price spiral in the economy. GDP growth, industrial production, utilization, etc. are all sluggish.
The Fed is raising rates due to pressure from larger banks who stand to profit from it:
“US banks, with their heavy domestic focus, can push a Federal Reserve rate rise on to many of their borrowers pretty quickly. They can also try to delay passing the benefit on to savers for as long as possible. Foreign banks with US operations get the same benefit, but on a smaller portion of their business. The big benefit for them is the rise in yields from US Treasury bills and other American debt. Almost all global banks hold a lot of US debt, since it is highly liquid.
The banks could use a boost. According to the Federal Reserve Bank of St Louis, US banks’ net interest margin (the gap between what they pay for funding and what they charge to lend) peaked at more than 3.8 per cent in 2010 and is now less than 3 per cent. That is a big chunk of lost profits. In Europe margins are lower still — Germany’s Deutsche Bank, for example, had a net interest margin of just 1.4 per cent last year.
Under Basel III regulations, the banks have to disclose some detail about what higher interest rates would do to their businesses. JPMorgan, for example, says that a 100 basis-point rise in interest rates would add $2.8bn to net interest income (which was $39bn last year).”
Meanwhile, the mainstream financial media continue to push the myth that the FRB Chair is some sort of interest rate wizard who holds a magic wand in control of all interest rates.
Obamas failing economy.
I wish Obama would make Apple hire more people too.
You’ll have to find a job elsewhere Lib.
there are toilets to scrub?
and windows to wash.
I went on Huffington Post to see what narratives my betters are scripting today and found an article titled, Straight shooting: the “gun problem” isn’t a “mental illness problem.” It’s just a “gun problem.” written by a Dr. Peggy Drexler, who is an author, research psychologist and gender scholar.
A gender scholar? Maybe this progressive gender scholar could do some gender research about why young black males raised by single moms without fathers are killing so many other young black males?
And for all the grabbers, remember the words of Ice Cube:
“What they do? Gonna ban the AK?
My sh*t wasn’t registered any f*ing way”
Carson is nuts: “My own personal theory is that Joseph built the pyramids to store grain,” Carson said in the speech, referring to the biblical figure.
He added: “Now, all the archaeologists think that they were made for the pharaohs’ graves. But, you know, it would have to be something awfully big — when you stop and think about it, and I don’t think it’d just disappear over the course of time — to store that much grain.”
The reality show host and businessman who sent four companies into bankruptcy is slowly being overtaken by the doctor who has been sued for malpractice at least eight times. Moving up quickly is the CEO who laid off thousands of people, nearly drove a company to bankruptcy, and was fired.
The GOP!! Our best and our brightest.
This reminds me of an episode of Frasier in which, minutes before going on live TV to endorse a candidate, Frasier is told by the candidate that he was abducted by aliens. As you might expect, hilarity ensues…
Yahoo is carrying this article…the comments are great:
http://news.yahoo.com/carson-pyramids-egypt-built-biblical-figure-joseph-173754341–election.html
Lakewood, WA Housing Craters; Prices Plummet 10% YoY
http://www.zillow.com/market-report/11-15/25489/lakewood-wa.xls?rt=14
I almost forgot, I wanted to congratulate Russia on their war efforts. Putin, is showing us how it is done over there. No blow back. Lucky them.
This is disgusting. Article notes 26% of Americans do “virtually zero physical activity.”
http://www.businessinsider.com/fat-is-the-new-normal-in-america-2015-11
Why are you so judgmental? Isn’t obesity an expression of freedom.
I thought you were a Libertarian, yes?
Why are you so judgmental? Isn’t obesity an expression of freedom.
I thought you were a Libertarian, yes?
It means that he’ll have a harder time finding skinny girls to “date”
Liberal or conservative? Brain’s ‘disgust’ reaction holds the answer
Think your political beliefs arise from logic and reason? Think again. A team of scientists who studied the brains of liberal, moderate and conservative people found that they could tell who leaned left and who leaned right based on how their brains responded to disgusting pictures.
The findings, published in Current Biology, show that the brains of liberals and conservatives may indeed be wired differently — and shed light on the biological factors at play in political beliefs.
Biology and politics have long been seen by many researchers as two very separate realms. Some argue that biology is irrelevant to political questions, or that the links between the two are murky or oversimplified.
“Despite growing evidence from various fields, including genetics, cognitive neuroscience and psychology, many political scientists remain skeptical of research connecting biological factors with political ideology,” the study authors wrote.
But many of the same subjects at issue in certain political ideologies – attitudes toward sex, family, education and personal autonomy, for example – have an emotional component as much as a logic-based one. And some research has indicated that political leanings can be inherited (much in the same way that height can inherited but modified, affected by a number of factors from nutrition to the environment).
To probe this controversial question, a team led by Virginia Tech scientists called upon 83 volunteers who took a test to determine what their political leanings were. Then, while sitting in the fMRI machine, they looked at 80 different images – 20 each of disgusting, threatening, pleasant or neutral images. The researchers watched how the participants’ brains reacted to each of those images while in the machine. Later, they were asked to rate how disgusting, pleasant or threatening each image was.
When shown a disgusting image – particularly one of a mutilated animal body – the conservatives’ brains reacted more strongly, and in different ways, compared with the liberals’ brains.
http://www.latimes.com/science/sciencenow/la-sci-sn-liberal-conservative-brain-disgust-reaction-politics-20141029-story.html
ObamaFraud
Keystone - after seven years of trying they asked to suspend their application. And within two days the government said NO !
I think Canada will say thank you because it is helping the Energy East completion and all along the line there can be upgrading, product plants, etc.
Because by the time that diluent reaches NB the east coast will be awash in oil of it’s own - 12 BB find in the Flemish Pass, comparable to many other structures just like it !
That will be when Canada is a true energy giant. Just in time for when the Bakken, etc, runs out of oil.
Either they move it by train or by pipeline. I would have gone with the pipeline and made $$$ off it (for USA) and forced it to be built to crazy high standards.
Trains are dangerous.
Bush Blame Game: (pathetic losers)
Elder Bush Says His Son Was Served Badly by Aides
Palmetto Bay, FL Housing Craters; Prices Plunge 7% YoY
http://www.zillow.com/village-of-palmetto-bay-fl/home-values/
a recovery means you get to pay more for stocks and homes, WTF?
Philadelphia 1985, the Dead Milkmen - Big Lizard In My Backyard:
http://m.youtube.com/watch?list=PLVgsA05JS5IGMu6Iwvjkskk7kBsRdcv6F&v=0A7oi_8p-O8
“”The Day Ted Nugent Killed All The Animals” by Wally Pleasant
https://www.youtube.com/watch?v=-4X8092kqao
Another hit from Wally
https://www.youtube.com/watch?v=zqpcC5UpnbI
What this moribund economy needs is falling prices to dramatically lower and more affordable levels. Nothing accelerates the economy more than falling prices. Nothing.
Are you resigned to moribund returns on your stock portfolio over the next decade?
Marketwatch dot com
Opinion: John Bogle says you won’t make much money from stocks
By John Coumarianos
Published: Nov 5, 2015 5:01 a.m. ET
Vanguard Group founder sees 4% annualized return for U.S. market
Bloomberg News/Landov
John Bogle finally has it right about stocks.
Bogle, the legendary founder of mutual-fund giant Vanguard Group, and a staunch defender of index funds, said in a recent interview with Morningstar’s personal finance editor Christine Benz that U.S. stocks over the next decade will return just 4% on average annually. (See video here.)
This is a sharp departure from Bogle’s 7% annualized forecast two years ago in an interview with MarketWatch’s Chuck Jaffe . In the MarketWatch interview, Bogle didn’t forecast the market’s P/E multiple contracting, and that’s the difference between his 2013 view and this more recent view.
…
Does Albuquerque Dan write for Marketwatch now?
Opinion: China’s economy is a lot stronger than you think it is
Published: Nov 5, 2015 10:05 a.m. ET
Insight from U.S. executives indicate that fears are overblown
Getty Images
Concerns over slowing construction in China are warranted, but Chinese consumers are in remarkably good shape.
By Michael Brush
Columnist
A lot of analysts distrust Chinese economic data.
But there’s a hack for that: Study the trends at companies with significant exposure to the world’s second-largest economy. They offer detailed analysis of China in their conference calls.
I recently drilled down on the commentary of over a dozen companies that do a lot of business in China, and here are the key takeaways.
- China is OK, even if there are areas of weakness like heavy construction and mining.
- Chinese consumers are in remarkably good shape.
U.S. consumers are in good shape, too. This means you should position your portfolio for a Santa Claus rally in U.S. stocks. It’s going to build as fears about China ease, and U.S. consumer spending helps the U.S. economy — and China’s as well.
Let’s start with the good news on China.
…
Any thoughts on how much farther commodities have to fall to reach bottom?
Markets | Thu Nov 5, 2015 4:25am EST
Related: Stocks, European Markets, Markets, Financials
European shares retreat on weak commodities, mixed earnings
* FTSEurofirst 300 index falls 0.2 pct
* Commodity shares among top fallers
* Earnings mixed; Adecco slumps, Vestas gains
By Atul Prakash
LONDON, Nov 5 (Reuters) - European shares retreated on Thursday as commodity-related stocks were sold off heavily on a stronger dollar and some companies slumped after reporting disappointing results.
The European mining index fell 1 percent after major industrial metals such as copper, aluminium and nickel fell about 1 percent. Metals prices came under pressure from a rally in the dollar after Federal Reserve Chair Janet Yellen pointed to a possible December interest rate hike.
A stronger U.S. currency generally makes dollar-priced commodities costlier for holders of other currencies and hits metals demand.
“We are seeing a rotation out of commodity-related sectors, driven by a stronger dollar on prospects of a U.S. rate hike,” said Gerhard Schwarz, head of equity strategy at Baader Bank in Munich.
“The earnings season has also been mixed. Overall, we have to admit that European earnings have been far weaker than expectations a couple of months ago. The currency tailwind in Europe is offset by weak commodity prices.”
…