November 9, 2015

Bits Bucket for November 9, 2015

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151 Comments »

Comment by frankie
2015-11-09 03:57:04

Some former football stars face bankruptcy and ruin, and could potentially lose an estimated £100 million because they were “mis-sold” investments in film schemes and property ventures, according to the Sunday Times. The likes of former England and Manchester United players Rio Ferdinand and Andy Cole; past Arsenal stars Martin Keown and Kevin Campbell; and former players and current pundits Danny Murphy and Robbie Savage, are among more than 100 footballers that have invested in loss-making schemes via Kingsbridge Asset Management.

http://www.ibtimes.co.uk/former-football-stars-risk-bankruptcy-due-mis-sold-film-property-investments-1527761

Part of the loss was due to investing in property in Florida.

Comment by Get Stucco
2015-11-09 07:50:40

I tried to warn people about the folly of buying Florida real estate over eighty years ago, but nobody listened.

– Groucho Marx

 
Comment by Anonymous
2015-11-09 12:45:11

Interesting to see that their overpaid football players get fleeced just like ours do.

 
 
Comment by Jingle Male
2015-11-09 04:02:16

It is raining in California. Finally, anonther reversion to mean to go along with the Housing market!

Comment by Goon
2015-11-09 04:18:17

This message sponsored by the National Association of Realtors.

Comment by Jingle Male
2015-11-09 04:28:03

….and the Colorado Stoner’s Association!

Comment by Goon
2015-11-09 04:34:03

Which thanks to federal banking laws, is drowning in cash.

Something we’ll never hear you loanowners saying, LOLZ.

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Comment by Jingle Male
2015-11-09 04:38:22

The Zeatimate on my home dropped about $50,000 from about 6 months ago. Thats the other reversion to mean……..to match the rain!

Comment by Jingle Male
2015-11-09 04:43:55

And the rent value dropped about $300/month. The market is in decline!

Comment by Professor Bear
2015-11-09 04:45:49

Neither the rain nor the Echo Bubble collapse could come too soon for me.

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Comment by Jingle Male
2015-11-09 04:47:34

It’s here. Get in the life raft!

 
Comment by Professor Bear
2015-11-09 04:57:59

My eighteen-year-old niece and her boyfriend recently set up their household in a trailer located in Anderson, CA, apparently in the Sacramento River flood plain. Hopefully the levy wil hold with the coming El Nino flooding.

 
Comment by azdude
2015-11-09 06:26:10

uncled red will hire them at the mill in anderson to pull green chain.

 
Comment by Jingle Male
2015-11-09 08:02:34

No levies in Anderson. They rely on Shasta Dam to hold back the Sacramento River flood water and it has a lot of capacity….

http://www.drroyspencer.com/wp-content/uploads/Lake-Shasta-storage-Dec-12-20141.jpg

 
Comment by Professor Bear
2015-11-09 09:25:27

Ok I guess that’s heartening.

 
 
 
 
Comment by Professor Bear
2015-11-09 07:52:03

Red sky at morning,
Sailors take warning.

 
Comment by inchbyinch
2015-11-09 08:09:32

Jingle
Where are you In Ca? It is not raining in Simi Valley or Thousand Oaks yet. Love this fireplace weather. Time to buy some wood.

Comment by Jingle Male
2015-11-09 08:32:23

Yes, I am in Nor Cal. We had 1 inch about a week ago and another inch this weekend. It is not a drought buster, but it is better than nothing, which is what we had last year!

Comment by Charlie Tango
2015-11-09 10:40:03

Mammoth is getting lots of snow.

1-3′ recently, 6″ last night, snowing now into tomorrow, 1st Gulf of Alaska storm to hit on weekend.

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Comment by inchbyinch
2015-11-09 19:58:06

Jingle,
Just saw your reply, I wish we could afford Nor Cal. I like the people up there better, you have much better topography, and it’s so much prettier than So Cal.

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Comment by The Selfish Hoarder
2015-11-09 20:13:27

I agree. I am wanting to move up to a small town north of San Rafael. I have so much money left over after paying rent that I can save a lot to bail out in 3 years.

 
 
 
 
 
Comment by frankie
2015-11-09 04:02:43

The nation’s biggest banks are looking to get more bang for their buck Down Under, expanding loans in Australia 25 percent in the past year.

With interest rates near zero at home, Mitsubishi UFJ Financial Group Inc., Sumitomo Mitsui Financial Group Inc. and Mizuho Financial Group Inc. are tapping into a developed economy that offers higher margins on loans than their domestic market and a benchmark cash rate of 2 percent. Their total loans outstanding in Australia grew to 39.9 billion Australian dollars ($28.1 billion) as of Sept. 30.

While Australia’s economy is struggling to shift away from a reliance upon mining, there are signs that unprecedented central bank stimulus is having an effect and a subpar growth rate of 2 percent looks robust in comparison to Japan. Sydney and Melbourne housing has been booming for some time, and that’s now being complemented by a gradual acceleration in business borrowing with overall private credit growth quickening to 6.7 percent, the fastest pace since 2008.

http://www.japantimes.co.jp/news/2015/11/09/business/economy-business/return-starved-mega-banks-boost-lending-25-in-australia/

 
Comment by Goon
2015-11-09 04:31:44

Warmist Warming Monday

Huffington Post was running this as their lead last night, bellyaching about warmism and the poors, replete with some clickbait graphic of the Earth burning on a stovetop natural gas burner:

http://m.huffpost.com/us/entry/563f712ce4b0b24aee4aa2f8

Warmists gonna warm

Comment by Blue Skye
2015-11-09 06:03:26

“global warming will drive an additional 100 million people into poverty by 2030, a new World Bank report finds.

“the number of people in poverty is expected to drop this year to 702 million…That’s down from the 902 million people…who were living in poverty in 2012.”

These bankers seem to be conflicted.

Comment by Mr. Banker
2015-11-09 06:08:35

“These bankers seem to be conflicted.”

We bankers conflict, but we are not the ones who are conflicted.

 
 
Comment by Anonymous
2015-11-09 12:51:07

Did anyone actually believe poverty was going to be eliminated by 2030 or at any time?

Comment by taxpayers
2015-11-09 13:20:08

poverty is big business for the left

Comment by Raymond K Hessel
2015-11-09 15:10:13

No poverty, no poverty pimps. Where would that leave the DNC?

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Comment by CalifoH20
2015-11-09 18:39:12

Food stamps are big biz for the left. Private jails are big biz for the right. chose one.

the fiscal conservative.

 
 
 
 
 
Comment by Professor Bear
2015-11-09 04:36:41

Marketwatch dot com
Where’s the money in America? This 3D map will show you
By Barbara Kollmeyer
Published: Nov 8, 2015 11:08 a.m. ET

Five regions are driving more than half of U.S. GDP

The hardest working states and regions in America? Sorry flyover states, better luck next time. The kings of production remain in the most obvious spots: California, Texas and New York.

The Bureau of Economic Analysis and the U.S. Department of Commerce recently pushed out some statistics on gross domestic product in 2014 for the U.S. based on metropolitan areas. The folks at HowMuch.net took that data and turned it into a map that demonstrates just where the growth in the U.S. is coming from. As shown below, the higher the cone rising from the map, the bigger the GDP in that region:

http://www.marketwatch.com/story/wheres-the-money-in-america-this-3d-map-will-show-you-2015-11-05

Comment by azdude
2015-11-09 06:28:17

FOMO= GREED

 
Comment by WPA
2015-11-09 08:51:15

I’m a little surprised the LA region makes more GDP than the SF region, given that SF has Apple, the Goog, FB, Oracle, etc.

Comment by MightyMike
2015-11-09 09:39:07

The population is much larger in the LA area.

 
Comment by Professor Bear
2015-11-09 09:39:43

LA has the Hollywood, the oil and the aerospace.

 
 
Comment by RioAmericanInBrasil
2015-11-09 15:26:46

The hardest working states and regions in America? Sorry flyover states, better luck next time. The kings of production remain in the most obvious spots: California, Texas and New York.

Dumb writer of article. Any idiot can talk about gross GDP per state. That does not mean “hardest working”.

 
 
 
Comment by Professor Bear
2015-11-09 04:41:50

…All the king’s horses and all the king’s men
Couldn’t put Humpty together again.

Comment by Professor Bear
2015-11-09 04:44:08

Marketwatch dot com
Hom
Economy & Politics
China exports slump for fourth straight month
By Mark Magnier
Published: Nov 8, 2015 9:42 a.m. ET

BEIJING–China’s exports fell in October for the fourth consecutive month, as a once-powerful engine of the country’s growth continued to sputter in the face of weak global demand.

The world’s appetite for China’s goods–the world’s second-largest economy accounts for nearly one-fifth of global factory exports — has been lower than expected this year. Meanwhile, weak domestic demand continues to reduce imports. Both are contributing to China’s growth slowdown.

Comment by Combotechie
2015-11-09 06:04:26

And yet … check out what is going on with the stock of Matson:

http://finance.yahoo.com/echarts?s=MATX+Interactive#{”showArea”:false,”showLine”:false,”showOhlc”:true,”lineType”:”bar”,”range”:”3mo”,”allowChartStacking”:true}

 
Comment by Anonymous
2015-11-09 12:52:39

Come back, A-Dan, we miss you.

 
 
 
Comment by Goon
2015-11-09 05:01:18

Song of the day: Dekulakization

Originally performed by Jazzy J. Stalin & the Boyz, revived into popularity when King Obama & the Grabbers introduced it into their live set. Good crowd warmer at Hillary Clinton rallies or anywhere else the redistributionists gather. Half the Ukraine may have starved to death because of it, but at least it rallied the base.

Forward

Comment by Ben Jones
2015-11-09 05:56:48

‘Seeking rejuvenation in the minority, House Democrats spar over seniority– After another political drubbing in 2014 left them at their lowest point in 65 years, some House Democrats called for radical internal reforms to buck the seniority system and impose term limits on top committee posts, trying to instill new energy to their caucus. Instead, after an intensive 10-month review, the task force that studied the issue has come up with a novel recommendation: channel that energy into trying to defeat Republicans instead of turning on one another in what would be a brutal fight based along racial and generational lines. “I would rather focus our time on getting the majority back. To me, that seems the most appropriate thing to do. The way to get more opportunities is to get the majority, not to go after each other,” Rep. Karen Bass (D-Calif.), who led the review process, said in an interview with The Washington Post.’

How refreshing. Instead of reform, it’s “clown car!”

‘Rand Paul says Hillary Clinton is a “neoconservative” — just like Marco Rubio. “I see her and Rubio as being the same person,” he said. “They both wanted a no-fly zone. They both have supported activity in Libya — the war in Libya that toppled Gadhafi, an intervention that made us less safe.”

“They both have supported pouring arms into the Syrian civil war, a mistake that I think allowed ISIS to grow stronger. And they both have supported the Iraq War. So I mean, what’s the difference?”

‘He was particularly critical of both Clinton and Rubio over Libya, saying the two had advocated an intervention that led to instability and turned the country into fertile territory for ISIS. “I fault Hillary Clinton. I fault President Obama. But I also fault the neoconservatives within my party like Rubio who have been eager for war in Libya, in Syria, in Iraq, and they want a no-fly zone in an airspace where Russia is already flying,” Paul said.’

“It’s a foolhardy notion, and people really — this is the kind of stepping it up to a debate over who would best be commander in chief that we really need in our country,” he added’

After 30 years and multiple wars, wouldn’t it be instructive if we could identify just who is and isn’t a neocon? How they affiliate themselves and how their goals are different from others? And couldn’t the One Without a Penis simply tell us she wouldn’t appoint any then identified neocons to her administration, if she isn’t a neocon?

Comment by Goon
2015-11-09 06:18:08

Last night I was reading the part of Stephen Kotkin’s biography of Stalin where Lenin starts having a series of strokes and the scramble for leadership among the communists intensifies.

I think Hillary may have had a stroke, possibly more than one, or some other neurological health problems. Note that any discussion of her health or age is completely absent from the liberal media, because my betters assure that that would be sexist and racist.

Comment by Combotechie
2015-11-09 06:29:45

Twenty-two months ago it was reported that Hillary suffered a concussion due to a plane crash while on a secret mission to Iran and the crash also killed her Navy Seal bodyguard, and then … nothing more was heard about it.

So … true? Or not true.

http://beforeitsnews.com/alternative/2013/01/was-hillary-injured-in-plane-crash-in-iran-heres-the-evidence-2527060.html

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Comment by MightyMike
2015-11-09 06:39:51

When do you think that this stroke occurred?

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Comment by Professor Bear
2015-11-09 07:58:13

Are you a real moron or just a good pretender?

 
Comment by MightyMike
2015-11-09 14:35:12

The dopey belligerence doesn’t make you appear particularly bright.

 
Comment by Goon
2015-11-09 17:18:12

dopey belligerence

Don’t diss the P-Bear now MikeyMite. This is what I think of reading your posts:

“About as dim as a 20 watt light bulb” — WuTang Clan

 
Comment by MightyMike
2015-11-09 17:26:47

Which posts, specifically?

 
Comment by Professor Bear
2015-11-10 00:43:03

The feigned ignorance does make you appear particularly ignorant.

 
 
Comment by Professor Bear
2015-11-09 08:05:45

Democrats
Hillary Clinton’s health and the media: What concerns this physician
By Marc Siegel, MD
Published August 04, 2015
FoxNews dot com

Hillary Clinton’s physician released a letter regarding her health on Friday that ended with an endorsement: “She is in excellent physical condition and fit to serve as President of the United States.”

But can an internist like Dr. Lisa Bardack of the Mount Kisco Medical Group possibly know if a person is medically fit to be president? Or do the stresses and conditions of the presidency have an impact that is impossible to predict? This, after all, isn’t the same as clearing someone to run a marathon.

I’ll tell you what Dr. Bardack does know. She knows that in December 2012, “Mrs. Clinton was found to have a transverse sinus thrombosis and began anticoagulation therapy to dissolve the clot.” She knows that Clinton subsequently tested negative for all clotting disorders. But in my opinion, given that Clinton also suffered deep venous thrombosis in her legs in 1998 and in 2009, the tendency to form blood clots remains.

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Comment by In Colorado
2015-11-09 09:44:02

So who is gonna be her running mate? Lena Dunham?

 
 
Comment by RioAmericanInBrasil
2015-11-09 14:40:07

I think Hillary may have had a stroke, possibly more than one, or some other neurological health problems.

So let’s compare the leding competitors’ mental acuity and physical stamina.

Clinton mentally shamed and outgunned multiple hostile benghazi interrogators for 11 hours while Trump sweats, goes glassy eyed and quiet in a 3 hour debate, and Carson thinks he’s Presidential material because he threatened his Momma with a hammer over how much grain King Tut put in the pyramids.

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Comment by ProxyServer
2015-11-09 19:59:54

Lola,

Did you not see her almost choke on a mint?

 
Comment by RioAmericanInBrasil
2015-11-09 20:08:05

Did you not see her almost choke on a mint?

It was more telling watching the Republicans choke.

 
 
 
Comment by Blue Skye
2015-11-09 06:23:01

What exactly is meant here by “neocon”? Middle East war monger?

Comment by Goon
2015-11-09 06:43:23

Securing the realm (just google that phrase and read the wikipedia link):

“a policy document that was prepared in 1996 by a study group led by Richard Perle for Benjamin Netanyahu, the then Prime Minister of Israel.”

The Bibster will be in Washington today meeting with King Obama and requesting a $4.5 billion a year, ten year military aid package, an increase from the current $3.1 billion a year.

P.S. Richard Perle lives in the South of France now. He’s never donated money to or volunteered his time for the Wounded Warriors Project. None of his children or grandchildren had their legs blown off by an IED.

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Comment by Ben Jones
2015-11-09 07:17:30

‘Former Trotskyites - On the other hand, many neoconservatives come to the movement from the hardline, socialist left, often from organizations that supported Bolshevik revolutionary Leon Trotsky (see Late 1930s - 1950s). Trotskyites accused Stalin of betraying the purity of the Communist vision as declaimed by Karl Marx and Vladimir Lenin. “I can see psychologically why it would not be difficult for them to become [conservative] hard-liners,” says Harvard Sovietologist Richard Pipes, himself a hardliner whose son, Daniel Pipes, will become an influential neoconservative. “It was in reaction to the betrayal.” Many neoconservatives like Stephen Schwartz, a writer for the Weekly Standard, still consider themselves to be loyal disciples of Trotsky. Richard Perle is a Trotskyite socialist when he joins Jackson’s staff, and will always practice what author Craig Unger calls “an insistent, uncompromising, hard-line Bolshevik style” of policy and politics. Like Trotsky, Unger writes, the neoconservatives pride themselves on being skilled bureaucratic infighters, and on trusting no one except a small cadre of like-minded believers. Disagreement is betrayal, and political struggles are always a matter of life and death. [Unger, 2007, pp. 35-41]‘

‘Entity Tags: Stefan Halper, Stephen Schwartz, Richard Pipes, Richard Perle, Neville Chamberlain, Abram Shulsky, Douglas Feith, Daniel Pipes, Craig Unger, Paul Wolfowitz, Henry (“Scoop”) Jackson, Elliott Abrams, Leon Trotsky, Irving Kristol’

‘Timeline Tags: Neoconservative Influence
October 1970: FBI Wiretap Records Perle Disclosing Classified Information to Israeli Officials
Edit event’

‘An FBI wiretap at the Israeli Embassy in Washington picks up Richard Perle, an aide to Senator Henry “Scoop” Jackson (D-WA—see Early 1970s), discussing classified information with an Israeli official. This is the second time Perle has been involved in providing classified information to Israel (see Late 1969). This data was given to Perle by National Security Council staff member Helmut “Hal” Sonnenfeldt, who has been under investigation since 1967 for providing classified documents to the Israelis. [Atlantic Monthly, 5/1982; American Conservative, 3/24/2003; CounterPunch, 2/28/2004]‘

‘Entity Tags: Helmut Sonnenfeldt, Richard Perle, Henry (“Scoop”) Jackson Timeline Tags: US International Relations, Neoconservative Influence’

‘August 15, 1974: Neoconservatives Begin Moving to Influence US Foreign Policies’

‘Conservative Democratic senator Henry “Scoop” Jackson (D-WA) meets with President Ford as part of a discussion about the standoff with the Soviet Union over trade and emigration of Soviet Jews to Israel. Jackson—hawkish, defense-minded, and solidly pro-Israel—sees the standoff as an opportunity to undercut Secretary of State Henry Kissinger. Jackson is a forerunner of what in later years will be called “neoconservatism” (see 1965), an ideology mostly espoused by a group of Democratic lawmakers and intellectuals who have abandoned their support for Rooseveltian New Deal economics and multilateralist foreign policies (see Early 1970s). Jackson and his outspoken pro-Israel aide, Richard Perle, view Kissinger as far too conciliatory and willing to negotiate with the Communist bloc. Jackson and Perle see the Soviet Union, not the Israeli-Palestine conflict, as the chief threat to US interests in the Middle East and the control of that region’s oil fields. They see a strong, powerful Israel as essential to their plans for US domination of the region. Jackson resists a proposed compromise on the number of Soviet Jews the USSR will allow to emigrate to Israel—the Soviets offer 55,000 and Jackson insists on 75,000—and many in the meeting feel that Jackson is being deliberately recalcitrant. “It made mo sense to me because it was sure to be counterproductive,” Ford later writes, “but he would not bend, and the only reason is politics.” For his part, Kissinger respects Jackson’s political abilities, but to his mind, Perle is a “ruthless… little b_stard.” Kissinger knows that Republican hawks as well as the burgeoning neoconservative movement will pressure Ford to abandon Richard Nixon’s policies of moderating relations with the Soviet Union and Communist China. But, author Barry Werth writes in 2006: “what Kissinger and now Ford would chronically underestimate was the neoconservatives’ argument that the United States should not so much seek to coexist with the Soviet system as to overthrow it through direct confrontation. Or the extent to which the neoconservatives would go to exaggerate a foreign threat and stir up fear.” [Werth, 2006, pp. 77-79]‘

‘Entity Tags: Gerald Rudolph Ford, Jr, Richard M. Nixon, Barry Werth, Richard Perle, Henry (“Scoop”) Jackson, Henry A. Kissinger Timeline Tags: US International Relations, Neoconservative Influence’

 
Comment by Goon
2015-11-09 08:39:47

I’m on the treadmill right now watching the FoxNewsHate and caught this live screenshot of the Bibster rolling up on the White House in his Bibmobile to steal some more American taxpayer dollars for his racist apartheid state:

http://imgur.com/MqdRWYv

And to the Drudge link clicking, mouth breathing, window licking, sister diddlers, you’re not conservative, you’re not Christian, you’re just a hypocrite.

 
 
 
 
 
Comment by frankie
2015-11-09 05:56:41

How much domestic space do you need for a decent life? It’s a deeply political question – as political as how much money you need for a decent life – but we rarely see it as such. The distribution of living space in our crowded country, and how it changes over time, and why, is both too everyday an indicator of the balance of power between social groups for us to notice and such a fundamental one that we avoid thinking about it too much. It’s the class system hiding in plain sight.
London house buyers camp overnight for chance to buy £199,000 studio
Read more

British homes are more polarised than they have been for a long time. Most starkly in London, but also anywhere else that has seen economic growth, a new landscape of private space has been laid out in the past decade. Its architecture conveys a sense of entitlement: brash towers of expensive flats; iceberg houses with underground vastnesses; more ordinary houses with dug-out basements, loft extensions, kitchen extensions, studios at the end of the garden; investors’ freshly built apartments deliberately left empty and dark……..

Yet all this is only one side of the story of the modern British home. During the summer a neighbour – not one of Hackney’s new rich – knocked on my door and told me she had heard voices at night in her overgrown backyard. Investigating in daylight, she had found empty Red Bull cans and cigarette butts scattered around flattened patches of lawn. The police concluded that people, probably itinerant migrant workers, had been sleeping in her garden.

Such signs of scarcity and desperation around domestic space are everywhere in London. There are “beds in sheds”, as the police call them, or scruffy lean-tos and outhouses illegally converted into rental properties. There are houseboats double or triple moored along canals. There are young professionals squeezed into basements, when their predecessors lived in shared flats or houses above ground.

http://www.theguardian.com/commentisfree/2015/nov/09/economics-housing-britain-political-policy-communities

Comment by Blue Skye
2015-11-09 06:27:03

“outhouses illegally converted into rental properties.”

They must mean “outbuildings”.

Comment by frankie
2015-11-09 07:57:15

Wouldn’t bet on it, they’ll convert anything.

Comment by Oddfellow
2015-11-09 08:34:22

all mod cons

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Comment by Goon
2015-11-09 08:43:04

That’s the name of an album by The Jam. People in Brazil don’t listen to late 70s mod revival bands from the UK.

 
Comment by MightyMike
2015-11-09 09:42:03

How do you know that? Are you actually in Brazil?

 
Comment by Mafia Blocks
2015-11-09 10:07:45

Why cower behind a proxy server?

 
Comment by Oddfellow
2015-11-09 10:56:53

All mod cons is what we dreamed about in our tragic bed-sits.

 
Comment by RioAmericanInBrasil
2015-11-09 13:40:58

People in Brazil don’t listen to late 70s mod revival bands from the UK.

So you’ve been here? When, where and how long?

 
Comment by Mafia Blocks
2015-11-09 14:16:54

You’re backpedalling Lola.

 
Comment by Oddfellow
2015-11-09 20:17:37

That’s the name of an album by The Jam.

And a right good one, too, although the title is a play on words.
Listen:

https://www.youtube.com/watch?v=hdXUIoDWwfI

 
 
 
Comment by redmondjp
2015-11-09 11:12:36

We call them Accessory Dwelling Units (ADUs) in my nabe.

 
 
 
Comment by Ben Jones
2015-11-09 06:03:34

‘In China, relatives of disaster victims are cast as troublemakers– In the office of the Shanghai Tourism Board, the officials look grim, bored, contemptuous. They face an angry group of people who lost relatives in China’s worst peacetime maritime disaster, but, with folded arms, they sit back in their chairs as though they couldn’t care less. For the two dozen people gathered there one recent day, the pain of losing loved ones when an excursion boat sank on the Yangtze River in June has been joined by a deep disillusionment with the government. Instead of being given information about what happened and who is to blame, they say they have been placed under government surveillance; seeking justice, they have been stonewalled for more than four months.’

WPA, the Washington Post kooks are spreading deep disillusionment with the government.

Comment by WPA
2015-11-09 09:00:07

Republicans here can be just as callous as the Chinese officials:

“When the Senate passed the long-delayed $50.5 billion Hurricane Sandy relief package Monday, 36 Republicans voted against the bill. But of the 32 no-votes from Senators who are not brand-new members, at least 31 came from Republicans who had previously supported emergency aid efforts following disasters in their own states.”

You can see those southern Repubs sitting back with folded arms: “No way ahm a gonna vote fur no Yankee hurricane uh-sisstance, no sir.”

 
 
Comment by Goon
2015-11-09 06:59:58

Linked from Google News - homemade meals lower risk of diabetes, study says:

“Nearly 30 million Americans, or 9% of the population, have diabetes”

http://time.com/4104061/homemade-meals-diabetes/

Socialized medicine will never work in this country as long as there’s no incentive to make healthy lifestyle choices. Wait until one third of Americans have diabetes and the current health care system crashes under the weight (pun intended) of spending more than 25% of GDP on health care.

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

Comment by RioAmericanInBrasil
2015-11-09 13:46:59

Socialized medicine will never work in this country as long as there’s no incentive to make healthy lifestyle choices.

Now how do you see this happening? Any incentives for healthy lifestyle choices would be and have been labeled as “socialism”. (See Michelle Obama’s food/exercise efforts.)

“Keep the government out of my deep fried hot dogs!”

 
Comment by CalifoH20
2015-11-09 18:43:37

health care or health insurance problem or attorney problem?

 
Comment by The Selfish Hoarder
2015-11-09 20:22:31

“Homemade meals lower the risk of diabetes.” That makes a lot of sense to me. You know what ingredients you put in. Restaurants have been known to have high sodium food, but I would think they have a lot of added sugar in ingredients. Home cooked meals are also less expensive of course. my dinners are usually a plate with mountains of green vegetables, raw, cooked, and steamed. Underneath is whole grain pasta or fish.

 
 
Comment by Goon
2015-11-09 07:17:20

Article for the Social Justice Warriors:

http://www.breitbart.com/tech/2015/11/08/theres-a-tumblr-for-people-who-find-tumblr-too-stressful-and-hostile/

Those of you over the age of 30 probably don’t even know what Tumblr is. Read the article and learn about “safe spaces” and “triggers” and other progressive cowardice.

Breitbart today is refreshingly light on the neocon, and heavier on the social topics.

Comment by Ben Jones
2015-11-09 08:31:53

‘Author James Mann puts together an enthralling account of the rise of the Bush cabinet and their place in the last 30 to 40 years in contemporary history with his book Rise Of The Vulcans: The History of Bush’s War Cabinet.’

‘Broadly, the book is the mini biographies of Donald Rumsfeld, Dick Cheney, Colin Powell, Richard Armitage, Paul Wolfowitz, and Condoleeza Rice. However, by detailing the careers of these people Mann also gives the reader great insight into modern foreign policy, from the Nixon era to Bush II. The book was published in 2004 so it lacks the hindsight that we now have 6 years later with regards to the Iraq and Afghanistan wars, yet this detracts not at all from the book. Rise Of The Vulcans: The History of Bush’s War Cabinet, I have no doubt, will become a central reference point to any future inquisitor looking into American policy from the 1970’s on.’

‘Many may be tempted to classify all of the subjects as neoconservatives, however one of the driving themes of the book is the role of the foreign policy realists versus the idealists (neo-cons). Yet this was not just a battle that occurred after the collapse of the Soviet Union as some may have asserted. Even in the midst of the Cold War, there was definite conservative in-fighting between the pragmatists, led by the Kissinger camp, and the neo-cons, who believed that America’s military might must be unchallenged. Rumsfeld opposed Kissinger’s policy of détente and played an active role in the Ford Administration in decreasing the power and influence that Kissinger once had.’

‘While Rumsfeld and Cheney believed mightily in American military might and hegemony, it might be hard to classify them as idealists of spreading democracy throughout the world. However, Paul Wolfowitz meets the classic definition of neoconservative which spread from the Dixie Democrats who left the Democratic Party to join the Republicans in the Reagan Revolution.’

The neocons are an actual group. Most of the people associated with them are neocon sympathizers (NCS). Rand Paul says Clinton is a neocon, but she’s just a NCS. (Rand apparently found out that when he tried to be a NCS, they still took a dump on him).

How to spot a NCS or NC: they talk about American Exceptionalism a lot.

So if the Iron Maiden has been labled a NCS (feel free to deny it anytime Ms Clinton), what about the other presidential candidates?

Sanders - probably not.
Rubio - definitely.
Jeb - who’s that?
Trump - probably not.
Carson - probably yes
Lindsey Graham - even though he plays with dolls, yes.

Ever notice that even though they talk about conservatism constantly, Limbaugh and Hannity never use the word neocon?

Comment by Goon
2015-11-09 08:59:46

Ben Jones, Senator Fat Old Hag (D-Commiefornia) said this on TeeVee yesterday:

“I have said before, and I really believe it, we will fight them now, or we will fight them later, it’s only a question of time,” Feinstein said.

http://thehill.com/policy/defense/259497-feinstein-obama-plan-in-syria-wont-do-it

Neocons gonna neocon.

Comment by In Colorado
2015-11-09 09:41:38

They’re all Neocons, all of them.

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Comment by Ben Jones
2015-11-09 09:48:53

‘Well we’ve long held that the neocons would jump ship to Hillary Clinton if Rand Paul got the nomination. But apparently the neocons don’t like Trump either. Son of the founder of the neoconservative (big government, interventionist, Republicans) movement Bill Kristol said he’d support a 3rd party candidate if Mr. Hair gets the GOP nomination. In fact Kristol said he’d support Dick Cheney in a 3rd party bid.

That’s right. Dick Cheney.

Who says the Washington class is out of touch?

(From Mediaite)

As for who he wants to run on an independent ticket, Kristol proposed the dynamic — and very-much Republican — duo of former Vice President Dick Cheney and Senator Tom Cotton.”

http://www.againstcronycapitalism.org/2015/09/bill-kristol-would-support-dick-cheney-for-president-if-trump-wins-nomination/

 
 
Comment by Ben Jones
2015-11-09 09:43:49

I went to that link and got this ad:

“Keep our nation safe.
Support America’s new bomber.”‘

http://www.americasnewbomber.com/

“Any efforts to disrupt this critical program can jeopardize national security. It is vital this program moves forward without delay. Support America’s new bomber today.”

It’s amazing that we still get this blather about ISIS when the US and its allies funded it and put it in motion. Turkey allows it to be reinforced and Israel treats their wounded and sends them back. Everybody is asking, did ISIS blow up the Russian plane? Why not have John McCain call his selfie buddies up and ask them?

All this Syria stuff is not about Assad. It’s about what would replace Assad. Dan Sanchez wrote this:

‘Al Qaeda and ISIS leading the anti-Assad insurgency? Assad must go. And we will risk future terror attacks on the American homeland to make it so. ISIS declares a Caliphate incorporating its conquests in eastern Syria and western Iraq? Assad must go. And we will risk the further destabilization of the entire Middle East to make it so.’

‘Syrian ruler Bashar al-Assad is no threat to the American people. So why such a hidebound, pig-headed insistence on regime change in Syria, to the point of courting such catastrophe? The actual reasons have to do with global hegemony, Israel’s geo-political ambitions (see here and here), and crony access to natural resources.’

‘But since the actual reasons have already been amply covered, let us address the official reasons, just in case anyone still takes them seriously.’

‘At a recent briefing, State Department Spokesman John Kirby was challenged by a reporter (incredible, I know) over the propriety of foreign powers deciding that “Assad must go.”

‘Kirby then referred to the official justification for the regime change policy. As is typical with Democratic administrations, it is not so much about national security as it is about humanitarian intervention: “This is about coming together to try to reach a consensus view on what an effective political transition can look like in Syria. … The Syrian people deserve a country that they can call home and they can be safe and secure and stable and have a prosperous future. It needs to be unified; it needs to be whole; it needs to be pluralistic.”

‘It is a curious kind of “consensus” on what “the Syrian people deserve” that has not included any actual Syrians. High level diplomatic talks in Vienna over resolving the Syrian war and political crisis ended on Saturday. They were attended by delegates of almost 20 nations, which, according to the EU’s foreign policy chief, comprise “all relevant actors .” Yet even in these talks, significantly broadened to include Assad supporters Russia and Iran, Syrians themselves were not deemed “relevant” to their own fate, since there was no seat for them at the U-shaped table in the opulent conference room of the aptly named Hotel Imperial.’

‘“But that is what the Syrian rebellion is all about,” you might object. “The Americans, Saudis, Turks, etc, are just trying to help the Syrian people overthrow their oppressor!”

‘False. For one thing, it is not even accurate to call the Syrian insurgency a “rebellion.” It is more like an invasion, since it is led by groups like Jabhat al-Nusra and ISIS which are largely comprised of international mujahideen.’

‘Furthermore, the insurgency is fighting, not to secure just restitution for the regime’s actual victims, or to simply throw off Assad’s yoke. It is fighting to burden the Syrian people with a new yoke. And for many of Syria’s religious minorities — Alawites, Druze, Christians, etc — that yoke would be so biting as to lop off their heads, since much of the insurgency’s conquests are being made by the leading sectarian extremists who are so wont to execute apostates.’

‘And even in the unlikely scenario that “moderates” take over, it would be largely a foreign yoke, because the insurgency is so heavily sponsored by the US, the Saudis, the Turks, etc. The Assad regime is also supported by Russia and Iran, but it is not a foreign-installed junta, like the governments in Baghdad and Kiev are, and like a “pro-Western” regime in Damascus would be. And even if Assad is a Russian and Iranian puppet, overthrowing him this way would simply be replacing one client regime with another.’

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Comment by cactus
2015-11-09 11:53:28

Yet even in these talks, significantly broadened to include Assad supporters Russia and Iran, Syrians themselves were not deemed “relevant” to their own fate, since there was no seat for them at the U-shaped table in the opulent conference room of the aptly named Hotel Imperial.’

we are blowing it over there

 
 
 
 
 
Comment by Goon
2015-11-09 07:29:41

Since we’re discussing neocons and progressives, I went on the World Net Daily website to learn who we need to be dropping bombs on five minutes ago and found a link titled:

“Proof that ancient man lived with dinosaurs”

And then I went on the Washington Times (yes, the Moonie rag) website and found a link under the subsection “Threat Assessment” titled:

“What American abdication in the Middle East will mean for U.S. national security”

And then I went on the Weekly Standard website and found a link about Syria titled:

“Gas attacks confirmed”

American taxpayers and voters, you’re getting played just like you did in 2001-2003.

Neocons gonna neocon.

Comment by AmazingRuss
2015-11-09 08:50:33

Tree monkeys gonna shriek.

 
 
Comment by Goon
2015-11-09 07:50:08

More warmist alarmism, as reported by real journalists at the Washington Post:

“Greenhouse gases in the Earth’s atmosphere reached another grim milestone earlier this year as carbon dioxide levels surpassed the symbolic threshold of 400 parts per million across much of the planet, the premier global meteorological association confirmed in a report to be released Monday.”

https://www.washingtonpost.com/national/health-science/greenhouse-gases-hit-new-milestone-fueling-worries-about-climate-change/2015/11/08/1d7c7ffc-8654-11e5-be39-0034bb576eee_story.html

Ooooh, the “premier global meteorological association”, doesn’t that sound all sciency?

Sorry humanoids, but the ride is over. You don’t get to insert $0.25 and continue the game.

Happy Monday and enjoy the dieoff :)

 
Comment by WPA
2015-11-09 09:13:30

Got sandbags? Rising sea level due to human-induced climate change plus El Nino means a sharp increase in coastal flooding.

Norfolk, Virginia, experienced eight nuisance flood days during the 2014 meteorological year. It may experience 18 days in meteorological year 2015 with El Niño, a 125 percent increase over the projected eight days.

Atlantic City, New Jersey, had 21 nuisance flood days in meteorological year 2014. It may experience 36 days in meteorological year 2015 with El Niño, a 33 percent increase over the projected 27 days.

San Francisco, California, had 11 nuisance flood days during meteorological year 2014. It may experience 21 days during meteorological year 2015 with El Niño, a 75 percent increase over the projected 12 days.

http://www.noaanews.noaa.gov/stories2015/090915-noaa-report-finds-el-nino-may-accelerate-nuisance-flooding.html

Comment by Goon
2015-11-09 09:38:15

NOAA dot gov? That sounds super sciency. Be afraid, be very, very afraid.

P.S. infinite growth is not possible in a finite ecosystem.

Comment by phony scandals
2015-11-09 10:19:21

“NOAA dot gov?”

My Mama and Daddy
Tried to teach me honesty,
But that Climate Change cash
Well It got a hold of me.
Now I’m fudgin’ those numbers
And it’s openin’ up the doors,
Tell em you need a carbon tax
Or you’ll all be moppin’ floors

Beause I like it, I love it,
I want some more of it,
I try so hard,
I can’t rise about it.
Don’t know what it is
‘Bout that Climate Change funding,
But I like it, I love it,
I want some more of it.

I like it, I love it — Tim McGraw — LYRICS - YouTube
http://www.youtube.com/watch?v=Cd9meRp91us - 196k -
——————————————————————-
Obama Pushes for Needed Boost in Ocean Funding

Posted On March 4, 2014 by Emily Woglom

Here are some key takeaways based on what we know today:

Overall NOAA Funding Looks Strong: The White House demonstrated support for increased funding at NOAA. NOAA programs lead cutting-edge research on ocean health and support smart ocean management. NOAA is also the central agency tasked with ending overfishing. While NOAA’s FY 2014 funding level is an improvement over FY 2013’s abysmal sequestration level, the proposal from the White House shows how far we still have to go: It calls for a $174 million increase over FY 2014, recommending $5.5 billion in funding for NOAA in FY 2015.

Ocean Acidification Research Funding Sees a Big Increase: Notably, the president’s budget would provide a much-needed $15 million for ocean acidification research, an increase of $9 million. As the ocean absorbs the carbon dioxide we put into the atmosphere by burning fossil fuels, the carbon dioxide is changing the chemistry of the ocean and adversely impacting marine life. This is already having serious economic effects on shellfish growers and others who make their living from the sea. This money would help us better understand the problem and devise solutions that protect coastal economies.

Administration-Wide Attention to Climate Change: The new budget also establishes a Climate Resilience Fund. While we have yet to see specific details on how this fund will be distributed, it is designed to help states and citizens adapt. NOAA should have a critical role to play here. NOAA provides the services coastal communities need to be storm-ready and prepared for changing ocean conditions as well as changing economics. NOAA should be at the frontline of the Administration’s resilience efforts. We hope to see resources from the Climate Resilience Fund support NOAA initiatives and partnerships.

Comment by Blue Skye
2015-11-09 12:03:37

“the carbon dioxide is changing the chemistry of the ocean and adversely impacting marine life. This is already having serious economic effects on shellfish growers…”

It is sad in the Age of Information to see such rampant scientific illiteracy and fear mongering lies.

Shellfish cannot make their shells without CO2.

“global acidification is a figment of Feely’s and Sabine’s imagination: there has been NO reduction in oceanic pH levels in the last century.”

http://www.breitbart.com/london/2014/12/23/noaagate-how-ocean-acidification-could-turn-out-to-be-the-biggest-con-since-michael-manns-hockey-stick/

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Comment by AmazingRuss
2015-11-09 13:14:31

Conspiracies everywhere, and me without my tinfoil hat.

 
Comment by RioAmericanInBrasil
2015-11-09 13:54:55

Shellfish cannot make their shells without CO2.

As if rising CO2 only affects shellfish’s shell making ability. (It is sad in the Age of Information to see such rampant scientific illiteracy.)

 
Comment by Blue Skye
2015-11-09 17:51:56

No actually for the reading comprehension impaired, it is that it doesn’t affect shellfish’s shell making ability. Some are attracted to lies, some balk at them.

As they say in Rio, “All the crap flows into our bathing water!”

 
Comment by RioAmericanInBrasil
2015-11-09 18:28:04

No actually for the reading comprehension impaired, it is that it doesn’t affect shellfish’s shell making ability.

No actually for the intellectually biased (or challenged) it’s that rising CO2 levels affect much more than solely shelfish’s shell making ability in the in the context of climate change affecting shellfish. There’s also “Rising Temperatures, Harmful Algal Blooms, rising sea levels and new Marine Biotoxins.” Are you just biased BlueSky or are you a simpleton?

As they say in Rio, “All the crap flows into our bathing water!”

Don’t be an intellectual liar Blue Sky. As if you care about little Rio de Janeiro’s bay but don’t care about climate-change’s affect on the entire world.

You are totally inconsistent in presenting your thinking. Here look. But it’s “complicated”.

Impacts on Shellfish - Climate Change

http://www.doh.wa.gov/CommunityandEnvironment/ClimateandHealth/Shellfish

 
Comment by RioAmericanInBrasil
2015-11-09 18:45:42

there has been NO reduction in oceanic pH levels in the last century.”

Says James Delingpole:
(who) “has an MA in English Language and Literature from Oxford University. He does not appear to have any science qualifications.”* citing a graduate school hydrologist.*

“When Anderegg et al published their paper on expert credibility in climate change in the Proceedings of the National Academy of Sciences, Delingpole countered with the headline ‘Climate change sceptics have smaller members, uglier wives, dumber kids’ says new study made up by warmists’[3]” *

James Delingpole quotes:
“”I haven’t got the time I haven’t got the scientific expertise” Explaining to Sir Paul Nurse why it is not his job to read scientifc papers[8]
I am an interpreter of interpretations
” [9]*

*http://www.sourcewatch.org/index.php/James_Delingpole

 
Comment by RioAmericanInBrasil
2015-11-09 19:27:24

“global acidification is a figment of Feely’s and Sabine’s imagination: there has been NO reduction in oceanic pH levels in the last century.”

English major anti-science hack James Delingpole just makes things up. Feely/Sabine relied much on The Royal Society’s “Ocean acidification due to increasing atmospheric carbon dioxide” study below with data going back hundreds of years.

2.6 Change in ocean chemistry due to increases
in atmospheric CO2 from human activities

Based upon current measurements of ocean pH, analysis of
CO2 concentration in ice cores, our understanding of the
rate of CO2 absorption and retention in the surface oceans,
and knowledge of the CaCO3 buffer (Section 2.2.2), it is
possible to calculate that the pH of the surface oceans was
0.1 units higher in pre-industrial times (Caldeira & Wickett
2003; Key et al 2004). This 0.1 pH change over about the
past 200 years corresponds to about a 30% increase in the
concentration of hydrogen ions.
It is also possible to make projections of likely further pH
reductions in seawater over the next centuries as a result of
additional atmospheric CO2 emissions.

http://www.us-ocb.org/publications/Royal_Soc_OA.pdf

 
Comment by Blue Skye
2015-11-09 19:35:38

Actually the 3rd world raw sewage problem in Rio is a big business opportunity, as only 25% of sewage in Brazil gets any treatment (and that’s not in Rio). But like you said “Why should I care?”

I am interested in the health and dynamics of the ocean. I studied this in university before you got out of short pants. I like truthful presentations though and I am finding that really sparse these days. I also like informed opinions, and I am pretty sure you don’t have a working knowledge of the dynamics of solubility or how the oceans buffer and sequester CO2.

It took you longer this time to come back after your last meltdown, but welcome back and good luck.

 
Comment by Oddfellow
2015-11-09 20:30:27

how the oceans buffer and sequester CO2.

How do they do it?

 
Comment by RioAmericanInBrasil
2015-11-09 20:58:26

only 25% of sewage in Brazil gets any treatment

And? Brazil’s right there with most of Latin America on sewage treatment, beats Asia by a mile and don’t even talk about Africa. Even the European Union only treats about 2/3s of its sewage.*

Regarding Asia, only about ten percent of the sewage outfalls reaching marine waters receives any form of sewage treatment;……Pakistan, China and Venezuela treating a relatively small fraction of the total municipal sewage….In the European Union, approximately two thirds of households have access to sewage treatment connections,…..Africa the great majority of communities have no sewage treatment capability, and 60 percent of households even lack toilets.” *

You should get off your high-horse about Brazil. You don’t care about Brazil. You just don’t like me so you rag on it. Besides you have no point comparatively.

* http://www.eoearth.org/view/article/155987/

 
Comment by Mafia Blocks
2015-11-10 05:42:49

“And? Brazil’s right there with most of Latin America on sewage treatment, beats Asia by a mile and don’t even talk about Africa. Even the European Union only treats about 2/3s of its sewage.*”

And the one-eyed man is king in the land of the blind.

 
 
 
Comment by RioAmericanInBrasil
2015-11-09 13:52:05

NOAA dot gov? That sounds super sciency. Be afraid, be very, very afraid.,,,,P.S. infinite growth is not possible in a finite ecosystem.

Someone who consistently tries to straddle both sides of most important issues under the guise of being “above it all” and “edgy” really stands for not much of anything.

Comment by Goon
2015-11-09 14:23:43

both sides

You, and anyone who reads this blog know exactly which “side” I take on this: that the only solution to this is a voluntary reduction in humanoid population. That’s not the Koch “side” or the Steyer “side” just an unpopular “side” that no one with a microphone and the wallet to back it up will take.

My carbon footprint dies with me, and my shelter pets inherit everything.

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Comment by RioAmericanInBrasil
2015-11-09 14:46:16

the only solution to this is a voluntary reduction in humanoid population.

That’s a non-solution imo. It didn’t even work in China when forced. I do agree with you that it might be a self correcting problem, however it is mankind’s duty to shepherd the earth’s resources in the context of what’s actually possible and actually needed - even if those efforts might not totally work or might cause some temporary economic pain.

To just say “let it burn” is a cop-out”.

 
Comment by AmazingRuss
2015-11-09 19:29:50

Didn’t work? Where do you think we’d be if there were another 2 billion Chinese right now?

 
Comment by RioAmericanInBrasil
2015-11-09 19:51:56

Didn’t work? Where do you think we’d be if there were another 2 billion Chinese right now?

No it didn’t work, there was no reduction in the Chinese population even with force.

But yes it slowed it. But at what cost? Time will tell how well it worked - economically, socially and politically.

 
 
 
 
Comment by taxpayers
2015-11-09 12:27:35

frequent and intense hurricane activity

 
 
Comment by rms
2015-11-09 09:15:08

Yo Slim… sending some vibes your way. :)

 
Comment by WPA
2015-11-09 09:41:28

Republicans and Tea Partiers in Congress own this:

“A routine trip to run errands almost cost Katherine Dean her life. In February, just as Ms. Dean, of suburban Maryland, drove underneath a bridge on the Capital Beltway, a large chunk of concrete fell from the structure, crushing the hood of her car and smashing the windshield.”

“It is a concern shared by many Americans. From coast to coast, the country’s once-envied collection of bridges, dams, pipelines, sewage treatment plants and levees is crumbling. Studies have shown that a lack of investment in public infrastructure costs billions of dollars a year in lost productivity, as people sit in traffic or wait for delayed shipments.”

Republicans and Tea Partiers would rather see America’s infrastructure crumble to dust than violate their Norquist pledges against raising taxes and increasing spending to fix what needs to be fixed.

Comment by Goon
2015-11-09 10:27:50

Baggers gonna bag (and Duggars gonna diddle) but never mind that for now.

This is actually rather hilarious:

http://thehill.com/blogs/in-the-know/259478-larry-david-returns-to-snl-im-bernie-sanders-and-i-want-your-vacuum-pennies

Comment by Ben Jones
2015-11-09 10:33:17

“I only accept coins. And I’m not talking about fancy coins like dimes and quarters. I just want nickels and pennies — the coins of the middle class.”

“And Rachel, I don’t want new pennies, I’m talking about those old pennies that are so covered in hard, black gunk you can’t even read the date,” he said.

“So America, if you believe in Bernie, I need you to go home, open our closet, pull out your vacuum, dump it upside down, and send me all the pennies that fall out of it. That’s right, I’m Bernie Sanders, and I want your vacuum pennies.”

‘McKinnon as Clinton was asked whether she was more introverted or extroverted. “Well, Rachel, I would say I’m a little bit of both,” McKinnon responded. “I’m an extrovert because I love meeting people and connecting with them and smiling with them, and I’m an introvert because, no I don’t.”

 
 
Comment by Anonymous
2015-11-09 13:25:08

There’s not money to spare for domestic infrastructure, there are bigger needs around the world, such as the need for gas stations in Afghanistan:

http://www.cnn.com/2015/11/02/politics/afghanistan-compressed-gas-filling-station/index.html

 
 
Comment by Professor Bear
2015-11-09 10:01:28

Is your portfolio rate-hike ready?

Comment by Professor Bear
2015-11-09 10:03:39

U.S. stocks slide as rate hike reality sinks in
Published: Nov 9, 2015 10:43 a.m. ET
Priceline skids after earnings
Bloomberg
The new reality for markets: A December Fed hike.
By Anora Mahmudova, Reporter, Barbara Kollmeyer
Markets reporter

U.S. stocks moved lower on Monday as increased odds of a Federal Reserve rate hike in December following a surprisingly strong jobs report last week turned investors cautious.

Nervousness among investors could be gleaned from the spike in implied volatility, as measured by the CBOE Volatility Index, up 11% to 15.9 and rising Treasury yields. The yield on the 10-year Treasury note rose 3 basis points to 2.36%.

The modest pullback follows six straight weeks of gains, which was the longest positive streak since December 2014.

The S&P 500 (SPX, -1.43%) fell 19 points, or 0.9%, to 2,079, with nine of the 10 main sectors trading lower. Utilities was the sole sector with modest gains. Consumer discretionary and energy stocks sold off.

The Dow Jones Industrial Average (DJIA, -1.33%) lost 167 points, or 0.9%, to 17,742 with 27 of its 30 components trading lower. The Nasdaq Composite (COMP, -1.52%) declined 45 points, or 0.9%, to 5,100.

“Markets cannot escape the gravitational pull of the Fed, so the stocks are under pressure because of the fact that we may see interest rates rise in December, said Kim Forrest, senior analyst and portfolio manager at Fort Pitt Capital Group.

Comment by azdude
2015-11-09 10:38:36

BTFD!

Stocks r on sale today.

 
 
Comment by WPA
2015-11-09 10:41:20

Fed Proves Irrelevant in $2.6 Trillion Slice of U.S. Debt Market

“The blowout U.S. jobs report for October means the Federal Reserve may be weeks away from raising interest rates. For U.S. savers earning next to nothing on $2.6 trillion of money-market mutual funds, the move will barely register.

The reason is that there’s an unprecedented shortfall in the safest assets, especially Treasury bills — a mainstay of those funds and traditionally the government obligations that are most sensitive to changes in Fed policy. The shortage means some key money-market rates will probably remain near historic lows even if the central bank increases its benchmark from near zero next month.

“The demand for high-quality short-term government debt securities is insatiable and there is just not enough supply,” said Jerome Schneider, head of short-term strategies at Newport Beach, California-based Pacific Investment Management Co.

Mary Lee Wegner, a 54-year-old Los Angeles lawyer, is among investors eschewing money funds for higher-yielding choices as her financial adviser, Ross Gerber of Gerber Kawasaki, tells her rates will remain low even after the Fed begins tightening.

The Fed has forced me to become a more willing investor, because if I decided to keep a large portion of my money in savings with the level of inflation and zero interest rates, I’m losing money,” Wegner said. “I don’t have much of a choice but to be less risk averse.”

 
 
Comment by Ben Jones
2015-11-09 10:10:26

I just read that Volkswagon CEO Hilter is offering left-over Halloween candy and pile of 2 cent postage stamps to people who bought the Billige Smɒɡ Auto from them.

Comment by WPA
2015-11-09 10:14:11

Volkswagon CEO Hilter

LOL, I had to read that last name twice.

Comment by Ben Jones
2015-11-09 10:24:00

(In the corner are three German generals in full Nazi uniform, poring over a map.)

Hilter (Cleese with heavy German accent): Ach. Ha! Gut time, er, gut afternoon.

Landlady: Oho, planning a little excursion, eh, Mr Hilter?

Hilter: Ja, ja, ve haff a little… (to Palin) was ist Abweise bewegen?

Bimmler (Michael Palin, also with German accent): Hiking.

Hilter: Ah yes, ve make a little *hike* for Bideford.

Johnson: Ah yes. Well, you’ll want the A39. Oh, no, you’ve got the wrong map there. This is Stalingrad. You want the Ilfracombe and Barnstaple section.

Hilter: Ah! Stalingrad! Ha ha ha, Heinri…Reginald, you have the wrong map here you silly old leg-before-vicket English person.

Bimmler: I’m sorry mein Fuhrer, mein (cough) mein Dickie old chum.

Landlady: Oh, lucky Mr Johnson pointed that out. You wouldn’t have had much fun in Stalingrad, would you? Ha ha. (stony silence) I said, you wouldn’t have had much fun in Stalingrad, would you?

Hilter: Not much fun in Stalingrad, no.

Landlady: Oh I’m sorry. I didn’t introduce you. This is Ron. Ron Vibbentrop.

Johnson: Oh, not Von Ribbentrop, eh?

Vibbentrop (Graham Chapman, with German Accent): Nein! Nein! Oh. Ha ha. Different other chap. I in Somerset am being born. Von Ribbentrop is born Gotterdammerstrasse 46, Dusseldorf Vest 8…..so they say!

Landlady: And this is the quiet one, Mr Bimmler, Heinrich Bimmler.

Bimmler: How do you do there squire? I also am not of Minehead being born but I in your Peterborough Lincolnshire was given birth to. But am staying in Peterborough Lincolnshire house all time during vor, due to jolly old running sores, and vos unable to go in the streets or to go visit football matches or go to Nuremburg. Ha ha. Am retired vindow cleaner and pacifist, without doing war crimes. Oh…and am glad England vin Vorld Cup. Bobby Charlton. Martin Peters. And eating I am lots of chips and fish and hole in the toads and Dundee cakes on Piccadilly Line, don’t you know old chap, vot! And I vos head of Gestapo for ten years. (Hilter elbows him in the ribs) Ah! Five years! (Hilter elbows him again, harder) Nein! No! Oh. Was NOT head of Gestapo AT ALL! I was not, I make joke! (laughs)

http://www.montypython.net/scripts/minehead.php

Comment by Raymond K Hessel
2015-11-09 16:12:04

Hitler finds out he’s being foreclosed on.

https://www.youtube.com/watch?v=bNmcf4Y3lGM&feature=player_embedded

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Comment by Professor Bear
2015-11-09 23:13:10

The folks who made that movie could not possibly have imagined what a ripe source of material for parody they inadvertently created.

 
 
 
 
 
Comment by Goon
2015-11-09 10:17:39

The most evil man in America:

http://www.politico.com/magazine/story/2015/11/dick-cheney-911-james-rosen-book-213340

P.S. “deficits don’t matter”

 
Comment by Raymond K Hessel
2015-11-09 12:46:11

If you like your Democrat influence peddling, you can keep your Democrat influence peddling.

http://america.aljazeera.com/articles/2015/11/9/trial-to-pit-san-francisco-gangster-shrimp-boy-against-feds.html

 
Comment by Raymond K Hessel
2015-11-09 15:18:11

Comrades WPA and MightyMike strongly warn you not to clink links to non-MSM “fringe” websites to read stories of Soros-backed fundamental transformation our Commisars of Political Correctness have consigned to the memory hole, as inconvenient questions may become lodged in your barren little cranium.

http://www.infowars.com/german-town-migrants-riot-in-church-steal-from-stores-defecate-on-gardens/

Comment by MightyMike
2015-11-09 15:31:48

That’s an interesting stream of consciousness rant there. Work on that a little more and you could get an AM radio show. All in one sentence you have George Soros, “fundamental transformation”, “political correctness”, and “memory hole”.

Tell us, though, what inconvenient questions are raised?

Comment by Raymond K Hessel
2015-11-09 16:13:09

Sorry, Mike, but I’d rather talk to the organ grinder than the monkey.

Comment by MightyMike
2015-11-09 16:24:06

Mafia Blocks would say that you’re backpedalling.

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Comment by Mafia Blocks
2015-11-09 16:44:54

barren.little.cranium.

 
Comment by azdude
2015-11-09 17:19:58

How much money have u left on the table?

 
 
 
 
 
Comment by Raymond K Hessel
2015-11-09 15:23:23

Keynesian propagandists Krugman doesn’t get why middle-aged white males are offing themselves through suicide and destructive behaviors, though Zero Hedge posters are quick to educate him.

[This story originally appeared in the NYT, an Establishment flagship media outlet; however, our resident Commisars of Political Correctness, WPA & MightyMike, have ruled that any visit to Zero Hedge automatically makes you a Kremlin flunky, so read at your own peril.]

http://www.zerohedge.com/news/2015-11-09/krugman-doesnt-understand-why-darkness-spreading-over-part-our-society

Comment by RioAmericanInBrasil
2015-11-09 15:35:35

though Zero Hedge posters are quick to educate him.

I agree with a lot of the article. Middle-aged white people are more bummed than browns because us whites had an easier path than the browns in the past - more so than now. And a lot of middle-aged white men are bummed because their “empowered” wives feel they don’t need them anymore. And a lot of the middle-aged white women see their husbands bummed because they got laid off or both of them have no pensions anymore.

Ain’t supply side grand?

 
 
Comment by Raymond K Hessel
Comment by RioAmericanInBrasil
2015-11-09 16:15:08

How’s that hope ‘n change working out for ya, ‘Murica?

Tired tagline.

Anyone who blames long-term, TrickleDown structural consequences decades in the making on just the latest president is being intellectually dishonest and/or lazy.

Comment by Mafia Blocks
2015-11-09 17:34:23

7 years of Obamas economy and he’s still a failure.

Comment by Raymond K Hessel
2015-11-09 18:53:46

Obama is Bush Lite. He has perpetuated the same policies that have enriched the .1% at the expense of everyone else.

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Comment by RioAmericanInBrasil
2015-11-09 19:09:07

Obama is Bush Lite. He has perpetuated the same policies that have enriched the .1% at the expense of everyone else.

No. On most main issues Obama is not BushLite.

HCA, Cuba, IranDeal, eliminating as much as he could of the BushTaxCutsForTheRich, trying to get out of Iraq, trying to raise the min wage, institute maternity leave, talking about wealth inequality and racial relations etc etc have nothing to do with “Bush Lite”.

 
 
 
Comment by Mafia Blocks
2015-11-09 17:58:53

lol@lola

 
Comment by RioAmericanInBrasil
2015-11-09 18:31:35

Anyone who blames long-term, TrickleDown structural consequences decades in the making on just the latest president is being intellectually dishonest and/or lazy.

Looks like this comment riled up HA/Mafia. I see 3 of his brown skid marked Joshua Tree ignored comments after it. But I’m going for 4. :)

Comment by Mafia Blocks
2015-11-09 19:21:35

7 years of Obama failure. And Lola…. you haven’t the intestinal fortitude to ignore anyone here.

We’re in your head. Rent-free.

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Comment by Mafia Blocks
2015-11-09 16:32:05

“Demand ‘Stimulus’ Has Not Worked - It’s Time To Tell The Truth About Debt”

http://www.zerohedge.com/news/2015-11-09/demand-stimulus-has-not-worked-its-time-tell-truth-about-debt

read.learn.wisdom.

 
Comment by phony scandals
2015-11-09 17:12:47

Not intentional?

You decide.

http://www.youtube.com/watch?v=VhRIK8OGHF4 - 139k - Cached - Similar pages
23 hours ago ..

———————————————————————————
NFL suspends CB Aqib Talib for poking player in the eye

By ARNIE STAPLETON, AP
1 day ago

ENGLEWOOD, Colo. (AP) — Aqib Talib says he understands why the NFL suspended him for poking Colts tight end Dwayne Allen in his right eye. He just hopes the league agrees it was accidental once he gets to tell his side of the story.

“I think I deserve discipline. I didn’t initially poke him in his eye. But as you can see, I did get him in his eye,” Talib said Monday. “It was unintentional. They’ve got the right to discipline me as they did.”

The NFL swiftly slapped Talib with a one-game suspension Monday, and just as quickly Talib appealed the punishment “just for the simple fact that it was not intentional,” he said.

“I didn’t walk over there like I’m going to poke this guy in his eye. But I know I should have never gone over there in the first place.”

Comment by phony scandals
2015-11-09 17:17:29

Aqib Talib’s favorite TV show.

http://www.youtube.com/watch?v=ScGPRsHSkaE - 249k -

 
Comment by RioAmericanInBrasil
2015-11-09 18:29:04

Looks intentional.

 
Comment by Oddfellow
2015-11-09 21:49:00

What it was, was football.

 
 
Comment by Professor Bear
2015-11-09 22:52:25

Dkoes the type of holiday cups used at Starbucks rise to the level of a campaign issue worthy of a presidential candidate’s time and attention?

 
Comment by Professor Bear
2015-11-09 22:53:17

Does the type of holiday cups used at Starbucks rise to the level of a campaign issue worthy of a presidential candidate’s time and attention?

Comment by Professor Bear
2015-11-09 22:59:28

The Washington Post
Post Politics
Donald Trump suggests a boycott of Starbucks and its plain red cups
By Jenna Johnson
November 9 at 10:19 PM
(Karen Bleier/AFP via Getty Images)

SPRINGFIELD, Ill. — Donald Trump has waded into yet another controversial, emotionally charged issue: Starbucks cups.

This year the coffee giant opted for a simple cup in which to serve coffee, tea and flavored beverages in November and December. Gone are the snowflakes, fir trees, ornaments, sledders, snowmen and stars. This year the cups are just red — which some Christians allege is the secular company wringing the last bitty remains of Christmas out of the most wonderful time of year.

Trump, who hosts a Starbucks coffee shop in his iconic Trump Tower in Manhattan, brought up the controversy amid a rant about jobs being shipped overseas, hurting college students who are searching for work to pay off their crushing loan debt.

[Starbucks ‘removed Christmas from their cups because they hate Jesus,’ Christian says in viral Facebook video]

“Did you read about Starbucks?” Trump asked a crowd of about 10,200 during a rally at a convention center on Monday evening. “No more ‘Merry Christmas’ at Starbucks. No more.”

The crowd booed loudly.

“Maybe we should boycott Starbucks,” Trump said, having reminded the crowd that the company is his tenant. “I don’t know. Seriously. I don’t care. By the way: That’s the end of that lease. But who cares? Who cares? Who cares?!”

Trump then hit the crowd with this promise: “If I become president, we’re all going to be saying ‘Merry Christmas’ again. That I can tell you. That I can tell you! Unbelievable.”

 
Comment by Professor Bear
2015-11-09 23:02:47

Sorry about the accidental double post…but maybe this story merits it. You can’t make stuff like this up!

 
 
Comment by Professor Bear
2015-11-09 23:21:14

Financial Times
OECD cuts global growth forecast (again) to 2.9%
20 hours ago

The Organisation for Economic Cooperation and Development (OECD) has yet again reduced its forecast for global growth this year, to 2.9 per cent, amid a “further sharp slowdown” in emerging market economies and a deterioration in global trade.

The well respected Paris-based think tank highlights a “deeply concerning” slowdown in global trade, as China shifts from investing in infrastructure to stimulate growth, to focus increasingly on domestic consumption and services.

The OECD had already reduced its expectations for global growth this year at its last forecast in September, to 3 per cent from 3.1 per cent previously. A year ago, it had forecast 3.7 per cent growth in the global economy in 2015.

 
Comment by Professor Bear
2015-11-09 23:29:01

Perhaps Albuquerque Dan was not so much wrong on his $80/bbl by December 2015 forecast as early…FIVE YEARS EARLY.

 
Comment by Professor Bear
2015-11-09 23:32:38

Financial Times
Oil glut to swamp demand until 2020
IEA says cleaner fuels and greater efficiency will hit consumption and depress prices
5 hours ago
by: Anjli Raval, Oil and Gas Correspondent
Santos operations in Moomba, South Australia

The oil market will remain oversupplied until the end of the decade as an unstoppable push for cleaner fuels and greater efficiency offsets the effect of lower prices, the world’s leading energy forecaster said.

In its closely watched annual outlook, the International Energy Agency said oil demand would rise by less than 1 per cent a year between now and 2020, a slower pace than necessary to quickly mop up an oil glut that has driven prices to multiyear lows.

The slowdown in oil demand growth follows a near 15-year surge in consumption, driven by the rapid industrialisation of China and other emerging market economies. But Beijing is now moving away from dirtier fuels and to less energy-intensive growth as it moves towards a more consumer-led economy.

“We are approaching the end of the single largest demand growth story in energy history,” Fatih Birol, executive director of the IEA, told the Financial Times ahead of the launch of its long-term forecasts. Mr Birol was appointed IEA head in September after 20 years with the west’s energy watchdog.

“Demand is not as strong as we have seen in the past as a result of efficiency [and climate] policies [globally],” he added, saying the growth in renewables will further restrict demand for oil.

The IEA does not expect crude oil to reach $80 a barrel until 2020, under its “central scenario”, as excess supplies are slowly soaked up. After 2020, oil demand growth is expected to grind almost to a halt, increasing just 5 per cent over the next 20 years, the IEA said.

 
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