Bits Bucket for November 16, 2015
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The Housing Bubble
Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole.
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In August 1922, the GPU obtained the formal power to exile or sentence people without trial or court conviction, and by November was granted this prerogative even for cases lacking a specific anti-Soviet act, solely on the basis of “suspicion.”
GPU?
GPU = State Political Directorate
https://en.wikipedia.org/wiki/Chronology_of_Soviet_secret_police_agencies
Also known as the NKVD back in the day?
A business associate told me on Friday, “Except for NY and the west coast, the country is in a recession.”
Fly over country is nearly lifeless. Oil dependant markets are declining. New England states are losing population. Are there any areas doing OK?
What about DC? How about the golden triangle? Any reports?
NY? Here’s an anecdote. I stopped at the Thousand Islands duty free shop and they did not have my usual Glenlivet 12. It is a treat for me to pick this up at duty free and I was rather disturbed it wasn’t available. The clerk told me that business has been “so bad” that they are having inventory problems; not able to afford to keep inventory up.
The clerk told me that business has been “so bad” that they are having inventory problems; not able to afford to keep inventory up.”
Deflation leads to lower and lower prices until one day it doesn’t
The west coast is in recession, perpetually.
Dc northern va turn over is quick but no price appreciation.
Without price appreciation it all collapses in less than 12 months.
The double-digit price increases that have fueled the Echo Bubble are also the seeds of its eventual destruction.
Seeing MOM price declines now. Next up: YOY price declines.
“Without price appreciation it all collapses in less than 12 months.”
Robert Prechter, 1989, 1994, 2001, 2014
Stop Panicking And Accept The Short-Term Pain
Stop Panicking And Accept The Short-Term Pain
I always accept reality. And prepare for it. That’s why I never had a mortgage. Ever. And I have savings. And I have family that loves me.
What’s more to accept?
Fewer bananas.
Fewer bananas.
lol. Not only do I expect it, but I’m already living it. Good beef here is already about 40% higher. So I’ll eat more chicken which is only 15% higher.
And the beauty about that is the chickens are pecking right outside your shanty.
What’s not to like Lola?
Lola doesn’t get it. I think he has a mental defect.
Houston? Alaska? North Dakota? Bakersfield?
Methinks the oil patch is in a recession similar to the one that brought Texas down to size in the mid-80s. Admittedly I base this observation on a casual reading of the articles and views expressed here (or in the case of Albuquerque Dan, the absence of views).
Methinks the oil patch is in a recession similar to the one that brought Texas down to size in the mid-80s
Not even close. (yet?) I graduated with an oil degree into that world. Those areas today are much more diversified. Pain yes, total economic destruction of entire regions. Not so much.
An oil degree huh Lola? That’s a whopper. Even for you.
My name is Elmer J. Fudd, I own a mansion and a yacht.
‘a recession similar to the one that brought Texas down to size in the mid-80s’
Only if they have a real estate bubble like the last time.
The real estate bubble in North Dakota is nothing short of stunning. You used to be able to buy a house on 40 acres for 5 digits.
They’re all in deep denial right now, thinking $100 per barrel oil is coming back. It’s not. There’s a global glut of over 3 billion barrels right now, and growing.
Sometime in the past 3-4 months, prices jumped in my nabe. Last summer, houses sold for slightly above Zestimate and IMO 5-6% above actual worth. Now the same 3/2 houses are going for 10% over that. Most prices are now 25% over what I paid for mine.
Watts up?
Prof, I haven’t been keeping up. What did HUD/FHA do recently that allowed such a jump in prices? Was it the lower FICO for FHA?
I suspect it has more to do with Hispanic realtors bringing in extended Hispanic families. There is a huge difference in pricing between houses with and without basements. (basement –> 2nd bath –> supports another income.)
wow- better count the cars outside
press nueve
Who knew that a toilet could be such a wealth generator?
“Who knew that a toilet could be such a wealth generator?”
It makes complete sense, really.
Toilet use = productivity gain. Increased productivity = wealth.
Transitive property: Toilet use = wealth generation.
This checks. The only people I know that don’t use toilets are either dead or homeless. Neither state generates wealth (not counting worms or social workers).
I learned Friday that 400,000 more people will move to Portland in the next 20 years. They will come here for bike lanes and food carts and, well, because it’s the place to be. Oh, and for B2B app development because we all know there aren’t enough of those start-ups to go around.
Supposedly 1000s of jobs are sitting open just waiting for hoards of hipster d-bags to fill. Got ruby on rails?
Earth to bubble: Please pop already! Forget the Fed. You know your weight is too much to bear any longer.
And candy-crapping Unicorns for everyone.
They move there because it is a big city, cheaper then CA and States with good weather.
It’s bigger than that. Trust me, it oozes off these newbs.
Jingle:
Here in ILLANNOY - you head out of the people’s republic of Chiraq and the tell is all the little towns that are on a ventilator - the economies of many of the small farming towns - ILLANNOY - Indiana, OH etc. man you look at these places and I have to wonder - what the hell do these people do? Dog eared and tired these places are and have been for some time.
It’s sad seeing the grand old houses collapsing into disrepair.
An estimated 5 to 7 million people lost their lives between 1921 and 1923 from starvation and related diseases, amounting to 50,000 deaths per week. In the worst famine-stricken areas, the GPU would post guards at cemeteries to prevent the starving from digging up corpses to eat.
“In the worst famine-stricken areas, the GPU would post guards at cemeteries to prevent the starving from digging up corpses to eat.”
That really drives home the importance of food security based on domestic production and the importance of avoiding over reliance on trade as a food source.
It also underscores where a Democrat permenant supermajority with its war on producers and the responsible would take us.
Alles klar, Herr Kommissar?
https://www.youtube.com/watch?v=6GmkjnL4EYw
Thanks for posting. I also enjoyed Amadeus.
Why are Democrat extremists so fond of making America dependent on and vulnerable to foreign suppliers?
My name is Sharia Obama and I serve my globalist masters.
Ok Red.
“Why are
Democrat extremistsRepublican corportists so fond of making America dependent on and vulnerable to foreign suppliers?”Fixed that for you. Because it was all the Democrats that sold our steel producing capability off to China. No siree, no a single republican involved in that, no way, no how.
Democrats also invented psoriasis.
Half of all of Iowa’s corn is used for federally subsidized ethanol. Typical red state welfare queens sucking on the blue state teet.
15% ethanal is going to ruin a lot of engines, but the agribusiness lobby has paid off their congress critters.
Concerted effort today from the longtime Lolas. Crones I ain’t seen nor heard of in a while. Did Lola put out the call?
What Dem bill was that?
Now Democrats are causing starvation??? My understanding is that it was a Republican bootstrapper who came the closest to starving Americans, and a Democrat who saw one-third of the nation ill-housed, ill-clad, ill-nourished.
I have no idea what you are talking about.
She might be multi tasking. Since we pay her salary, I don’t think it’s a good thing.
I have no idea what you are talking about.
Is that a sincere statement? Are you really not familiar with that line about one-third of the nation ill-housed, etc.?
The Great Depression, you goobers.
You may now return to throwing a hissyfit at today’s strawman.
Interesting you bring this up there Sharia -
I just started a book on the massacre of Stalingrad during WW2 by an author (Antony Beevor) and within the first 10 pages mention was made of the Nazis tearing up any law related to innocents in the fog of war and the sentence that got me is this - “there is no more cruel form of murdering a population than that of starvation”. Man o man.
It’s from Stephen Kotkin’s biography of Stalin.
Stalin was a seminary student before he was a revolutionary BTW.
Most of the Khmer Rouge leadership, including Pol Pot, were former schoolteachers. Big surprise there.
I saw the first snow of the season around here this weekend. It got me thinking about Greenland’s glaciers, that and a post from yesterday that predicts Florida will be overwhelmed with ocean level rise in 5 years and how this is maybe the real estate investment opportunity of a lifetime.
Runoff from Greenland’s melting glaciers is, some say, a major contributor to rising ocean level. I’ve read that the melt runoff from Greenland might contribute as much as 50 microns per year in sea level rise at current rates, but the reporter didn’t do any math.
Here’s my brain twister. 71% of the surface area of the earth is ocean. The diameter of the earth is 7,918 miles. Yearly snowfall in Greenland deposits 700 billion tons of snow on the island. The volume of the ocean is 320 million cubic miles. Yearly melt runoff from Greenland is 300 billion tons. This has been pretty stable over the past 60 years or so. Given this rate of runoff, what is Greenland’s Glacier melt yearly contribution to sea level rise?
“I’ve read that the melt runoff from Greenland might contribute as much as 50 microns per year in sea level rise at current rates, but the reporter didn’t do any math.”
I did some math (actually I cheated and looked it up) and I learned that one micron equals 39.370×10−6 in.
Florida is doomed!
Oh come on, we’ve got to disprove the scientific world on a Monday morning?
Oh come on, we have to ignore elementary arithmetic on a Monday morning?
What’s the point of it?
He who plays mind games designed to fool the player into thinking he’s outwitted the world’s scientists has already lost.
“…the world’s scientists…”
Who are these people, and how did they become so powerful that nobody else ever dare question their boundless wisdom?
Who are these people,
Brilliant people around the world, in all sorts of institutions, in all sorts of countries, under all sorts of regimes.
The data presented is from real scientists, who actually work and live closer to the subject than anyone else in the world. This is as sciencey as can be. So, give the puzzle a try.
You haven’t actually listened to very many of “these people” speak in an interview setting, have you? Have you just read articles written about what they’ve said and surveys that have been reduced to “yes/no” questions?
If you don’t want God to strike you down, then don’t question the authority of the high priests of science.
how did they become so powerful that nobody else ever dare question their boundless wisdom?
Because they mastered mathematics?
“mastered mathematics”
Exactly! That is the foundation.
“…the world’s scientists…”
Who are these people, and how did they become so powerful that nobody else ever dare question their boundless wisdom?
They’re people who tear each other’s ideas up like piranha tear up a wayward chicken.
For every accepted idea, there are literally hundreds, if not thousands of fellow scientist who would gladly publish the verifiable and reproducible evidence to disprove it if they could, thus claiming all the money and recognition that goes to ANYONE who does so.
If you could factually disprove any of the laws of thermodynamics, you would instantly receive celebrity status, gobs of grant and corporate money, nobel prize, and much much more.
There are HUGE incentives to credibly disprove climate change, but it has to be verifiable and reproducible by all other scientists for it to be accepted, and thus far no one has(or likely will) claimed that prize.
I’ve me more than one climate/atmospheric scientist that would LITERALLY give their left nut to do that, but the evidence just isn’t there.
Difficulty: If one scientist screws up or even fabricates his data this DOES NOT disprove the theory in question, only the validity of that scientist’s work.
Biggvs, I believe you have said this before here, almost word for word.
Makes you wonder why published work that does not support the Global Agenda languishes in obscurity. The responses here are not by scientists, but the piranha response is vigorous for only questioning what is under the skirt of the table.
Peer review works great unless it doesn’t, which is the case when fallacious ideas take hold in the peer-reviewed literature and become the standard of judgment for all subsequent ideas that are submitted. A great example was the theory of continental drift, first suggested by Alfred Wegner in 1915 but roundly rejected by the geophysics community, who steadfastly maintained that continents couldn’t move until the theory was broadly accepted at beginning around 1960.
Nice example of how the Doomsday Propaganda Industry can manipulate data without even needing to make anything up.
Turns out that divisors matter!
Truth does not matter to LIEberals. The entire movement/ideology is based on a series of lies to preserve and expand their power. Trump is finally calling it like it is and this resonates with people who have been having these lies crammed down their throats for years.
Golf clap for Caitlyn.
Science. Wins. Again.
Total ocean volume = 329,000,000 cu miles
Total ocean surface area = 129,000,000 sq miles
Average depth = 329/129= 2.5504 miles= 13,466 feet
Greenland total ice volume = 683,750 cu miles
Increase to ocean volume = 684/329000 = 0.208 %
Change in sea level = 13,466 ft x 0.208% = 27.9 feet
From the web: “Were all of Greenland’s ice to melt, global sea level would rise 7 meters (23 feet).”
Close enough for government work. You’re welcome, glad to be of service.
WPA = We Piddle Around
You can’t follow the arithmetic so your resort to insults. Ad hominem attacks are the last refuge of those without cogent argument, certainly beneath anyone who carries the title of “professor.”
That wasn’t an insult. It was a reference to my grandfather’s nickname for the WPA back in the 1930s.
But you can interpret it as you please.
My grandfather called it “We poke along.” Most of the WPA types lacked any kind of work ethnic, not surprisingly.
Change in sea level = 13,466 ft x 0.208% = 27.9 feet
No, you’re only supposed to do the math problem Blue presented! Nothing else!
I know Oddie. I’m not good at this newfangled Right Wing Math where you reach your preconceived answer first then do fuzzy things with numbers to get the “answer.”
Posting Google trivia is not the same as doing math. At least it didn’t used to be.
My first Calculus professor was an aged former colonel in the US Army Calvary. Yes, horse soldier. One of the last of his kind alive. He taught math without speaking a word. Three walls of the classroom were chalkboard and he would start writing on the left and drop the chalk into the tray at the right seconds before the bell rang. The chalk on the board was the only sound for two hours.
In my imagination, shouting out that his math was politically charged and fuzzy during this “lecture” would not have altered his calculations.
Your anecdote contains no data that refutes my calculation nor the numbers that I used. And the result I obtained, with rough numbers, aligned reasonably well with the estimates that scientists achieved using far more sophisticated models.
And since you were proven wrong about the ice-in-the-ocean question and didn’t acknowledge it, I’m not optimistic that you’ll come up with numerical proof here.
He taught math without speaking a word.
That doesn’t sound like a good method, unless some words were written on the blackboards along with the equations. It would be a more impressive story if worked with artillery in WW1.
Archimedes gave the right answer to the Ice in the water question, hat tip Phoney and Combo and probably others. You are acknowledged for giving a try, but getting lost in the weeds.
Today you have done some math, congratulations. Rounding is always acceptable. Yet the math you did is not the math required by the brain twister. It misses the point entirely. So you have answered a question not asked but made up by you. You only get credit for answering the question on the test, not one you make up on your own.
For example; If I ask how many apples are in a bushel and you reply “they are not bananas”, you are right, yet completely wrong. So far you are completely wrong. Give the actual question a try.
Archimedes gave the right answer to the Ice in the water question
Correct. Archimedes’ method, applied correctly, demonstrates that sea level rises when freshwater icebergs floating in the ocean melt.
But really it was CalifoH20 that cut thru all of smog and said, “what about the billion of tons of ICE ON LAND that melts?” Bingo. Enjoy your sea level rise.
Blue - I had a calc professor in the same cloth as your guy - me it was at Colorado U. - a marine staff sargent - Irwin something (can’t recall his last name - originally from NJ) - I can still hear him iterating - “the integer of DY/DX is…..blah, blah blah”. The guy was a great teacher and helped me to understand math in a way I thought not possible.
Loved the calculus as a result.
“what about the billion of tons of ICE ON LAND that melts?”
Oh look, a kitten!
That is today’s question, so if you want to cut through the fog, answer the question asked. Baby steps and all that. Try to focus.
rj, mine was Col. Mehann at Grove City College. A good teacher is unforgettable.
“Yet the math you did is not the math required by the brain twister. It misses the point entirely.”
You can learn all about this type of math in the book How to Lie with Statistics.
Calvary. Yes, horse soldier.
Then I think you mean cavalry
Yes, my spelling catches up with me. I didn’t mean that he was a Baptist.
Don’t make up crazy numbers to prove a point. It’s completely unconvincing.
It’s a little early to declare victory. Here is a hint. The volume of the ocean actually does not play into the analysis. It was inserted as a distraction from the key piece of data preceding it.
Please do try again, and consider the 4th dimension.
OK, that’s two hints.
If you’ve discovered a mathematical formula that proves we have nothing to fear from global warming, or even that we have nothing to fear from the Greenland ice sheet melting, then I’m sure Exxon or some similar entity (that maybe rhymes with coke) will happily give you ten million dollars or more for it.
So quit wasting your time here with us mathematical maroons, and go get your money, Einstein. Amaze us all and disprove the world’s scientists.
I sense frustration.
I am not a genius and you are not a maroon. The only barrier to examining finite elements of broader conclusions is emotional, not logical.
I sense straw man mathematics.
I sense straw man propaganda.
Blue–how much of the 700 billion tons of snow is lost to evaporation/sublimation? Or is that a net number?
If the 700 billion tons of snow is a net number (net of evaporation/sublimation), the answer is zero. More water is added to Greenland than leaves, and presumably the source of that water is the ocean.
RW, I take the 700 billion tons to be a net accumulation during the months of snowfall, measured using altimetry data. The runoff is likewise a measured net loss during the months of melt. I find it interesting as an aside that the rates are what they were 60 years ago, according to those who study such things.
I think that you are mostly right that the source of the snow is evaporation from the oceans, as only 3% of the water on the planet is on land. You are thinking ahead of the question though.
what is Greenland’s Glacier melt yearly contribution to sea level rise?
Presumably, zero. According to your trick question, all the Greenland ice that melts into the ocean each spring is taken out of the ocean each winter, in the form of snow which replenishes the snowpack. Resulting in a yearly net of 0. (the 4th dimension is time).
That’s all fun and good, but it works ONLY if the amount of ice melt is replaced by an exact amount of snow. But what we are seeing is not only the melting of the “new” snow/ice from the past winter, so to speak, but some of the accumulated ice which hasn’t melted before. That is, more ice is melting into the ocean than is snowing down. Or, perhaps there is less snow falling than is currently melting, so less water is leaving the ocean. This is what we’ve seen in parts of the Sierras. What should have been snowpack on land is staying in the ocean.
[On a side note, WPA's calculated 27 feet doesn't match the official calculated 23 feet because ice is less dense -- occupies more volume -- than water. That is, a given mass of ice will shrink as it melts, thus raising the volume of the oceans by a little less than original volume of ice.]
Thank you for joining the conversation Oxy.
Actually, I gave you the amount of snowfall in tons along with the amount of melt off in tons, so I cannot give you credit for adding these numbers to zero. That is incorrect. It may seem tricky in the answering, but I didn’t think it was tricky when I asked it. Frankly, I am amazed.
Yes, the 4th dimension is time.
I think you might be out on a limb on the water vs ice density thingy. Water has a density maximum at 4 deg C. Cold ice can well be more dense than water.
Thank you for joining the conversation Oxy.
And what a hide-the-pea conversation it is.
Throwing smokescreens on a single mechanism contributing to one of a hundred symptoms of climate change is not a serious “conversation” on the subject of man-made climate change.
It’s not a global conversation. It is an examination of one sliver. The whole is the sum of the parts. This is just a focus on one little piece that is thrown in our faces as proof of the whole. Why should looking at that be mocked?
Feel free to start any conversation you like. Trying to derail the discussion already on won’t lead to any understanding, just control.
Trying to derail the discussion already on won’t lead to any understanding, just control.
Control? Whom with a valid argument would conflate logic with “control”?
I have no control of your attempting to covertly conflate a smoke-screened, single mechanism contributing to one of a hundred symptoms of climate change with the reality of climate change.
If my pointing out the above derails your motivation and “argument”, your tactic wasn’t worth much anyway.
“a hundred symptoms of climate change”
You can take solace in the fact that I do not have enough energy to play whack-a-mole here to that extent. It’s not your blathering anger that wearies me, it is that I have a few other things to do.
It’s not your blathering anger that wearies me, it is that I have a few other things to do.
No. There is no anger. Show me any “anger” in my posts regarding your “hide-the pea” argument regarding melting ice’s relation to sea-level rising. There’s none.
Logic is not anger even if that logic shines the light on one’s motivation.
I think you might be out on a limb on the water vs ice density thingy. Water has a density maximum at 4 deg C. Cold ice can well be more dense than water.
Say what? Are you confusing Celsius with Fahrenheit?
Sorry Oxy, it isn’t about the units. I simply made a mistake in what I said.
That’s all fun and good, but it works ONLY if the amount of ice melt is replaced by an exact amount of snow.
You’re right oxide. The flaw in Blue Skye’s question is he or she separates snowfall and runoff as input and output. However, the 286 gigaton of ice mass loss is NET annual loss:
http://www.skepticalscience.com/pics/greenland_july2011.gif
Which means that Greenland not only loses the 700 gigatons of annual snowfall to runoff or evaporation, it loses another 286 gigatons of icepack, giving a total output of 986 gigatons.
You may actually be onto something here WPA, extra points for thinking beyond the actual question without wandering too far. What happens to all the other accumulation is the obvious next question. I don’t know if you are correct about the 286 ice going out, but let’s work with that.
So you have the 700 in yearly snow pack. 400 in melt runoff and 300 in ice flow. It’s a good overview. Adds to zero though so you don’t get credit for a correct answer yet.
Although we are only looking at Greenland, for which there is a wealth of data, would you conclude that the net melt from Greenland is going to contribute to Florida being the next lost Atlantis in five years?
I don’t regret looking at one little piece of this gigantic puzzle. I’ve been told that just the melt, just the melt, will swamp the planet. That seems rather devious and I wanted to look into that.
So you have the 700 in yearly snow pack. 400 in melt runoff and 300 in ice flow. It’s a good overview. Adds to zero though so you don’t get credit for a correct answer yet.
No, that’s not quite right. If I accept your 700 gigaton annual snowfall:
+700 GT snow added
-986 GT runoff, ice melt, ice calving, evap, etc.
________
-286 GT annual net loss
“it loses another 286 gigatons of icepack…”
Are you not confused?
Where you come up with 700-400-286 = 986 is beyond me.
Actually, his math was 700-400-286= -286
Which was still wrong.
Thank you for the correction.
The life of the Communist — congresses, Central Committee plenums, political meetings — did not encompass even a fraction of rank-and-file party members, let alone define the rhythm of life in the vast country. To most peasants, who continued to compose the overwhelming majority of the inhabitants, the party was just a greedy adversary, concealing its tax-collecting and conscripting activities behind elaborate rhetorical camouflage.
One big thought police of lies.
One big thought police of lies.
RedProxyShrimpClubber is talking about thought police and KGB/GPU stuff? Red Proxy is the guy who screamed for 4-5 “liberals” On Friday and Saturday to be banned (pruned) because their opinions were a “threat” to his safe space of ideas.
And RedProxy warned a long-time returned poster to “be very careful” making friends with “liberals” on the HBB. (last Friday Night) Intimidation worthy of the KGB.
Ales klar, Herr Kommisar?
Once Russians had been totally disarmed - for “public safety” - the Communists had a free hand to slaughter or starve tens of millions and send millions more to the Gulag.
There is a reason our oligarchs are bankrolling gun control groups and initiatives.
The future will be darker than anything you can possibly imagine.
You’ll feel alot better when you stop pretending there is one.
I’ll worry about the future when it gets here.
“A national census done in 2010 indicated China is heading toward a population cliff because the number of women of childbearing age – those between 22 to 30 years old – will drop 40 percent by 2025.”
“the number of couples willing to have a second child fell from 59 percent to 15 percent.”
“Even if the fertility rate increased by almost one-third after removing all population control policies, by 2050 the number of newborns will drop 42 percent from current level to about 8 million, Huang and Liang wrote. The annual death rate over the same period will reach 23 million, so the population will continue to shrink, they said.”
http://english.caixin.com/2015-11-13/100873780.html
Debt riddled urban workers don’t want more children.
Could the Syrian immigrants be sent to populate the ghost cities? I see a possible symbiosis.
+1,000,000……
Is China going to make it to 2050? I thought they were going to collapse this month or next.
I have serious doubts all the highrise housing towers they constructed over the last ten years will make it to 2050.
Mitt Romney advocates world war:
https://www.washingtonpost.com/opinions/obama-must-wage-war-on-the-islamic-state-not-merely-harass-it/2015/11/15/00a8884c-8bba-11e5-ae1f-af46b7df8483_story.html
William Kristol advocates world war:
http://m.huffpost.com/us/entry/5648e444e4b0603773497ff7
Lindsey Graham advocates world war:
http://www.cnn.com/2015/11/15/politics/lindsey-graham-u-s-troops-9-11/index.html
Makes you wonder why we just now got around to bombing their main revenue stream.
http://www.businessinsider.com/us-airstrikes-target-isis-oil-trucks-2015-11
More bombing = more refugees. When this thing spreads to include Syria, Iraq, Iran, Afghanistan that means tens of millions of muslim refugees that will be settled only in Europe and USA.
This is the globalist master plan.
Judging by what I saw on FB this weekend, the base’s rally cup runneth over.
Toe-tap Graham ‘16!
Goon changes handle
9 trillion US has been borrowed since 2008.Folks from everywhere have borrowed dollars and some have invested in carry trades.
A rise in the currency you borrowed in can cause folks to lose a lot of money.
The dollar has been rising and commodities cratering.
9 trillion borrowed dollars is like being short 9 trillion dollars.
Why is the dollar rising? Is it mainly weakness in the other currencies it is measured against or as it rises are folks being forced out of carry trades and buying up dollars? Is it a combination of both?
Very smart people have said the dollar will crater cause of all the QE and more QE coming. Can the dollar crater anytime soon when you have 9 trillion in potential demand?
“A rise in the currency you borrowed in can cause folks to lose a lot of money.”
No lender ever put a gun to anybody’s head to make them borrow themselves into a debt donkey hole.
They think they have secret knowledge; that debt doesn’t matter.
“9 trillion US has been borrowed since 2008.”
And a lot of these borrowed dollars went into the production, extraction and the implementation of commodities.
“The dollar has been rising and commodities cratering.”
That’s because, partially due to the borrowing, the production, extraction and the implementation of commodities went way overboard. Now a correction is at hand and this correction is cratering commodities and it is also cratering the dollars that are associated with these cratering commodities - cratering dollars in such a manner that billions of these dollars are going poof.
An example: Arch Coal. Once upon a time the price of Arch Coal was approaching $700 - which means that if you owned 100 shares of Arch Coal then you owned close to seventy-thousand dollars of stock. Now Arch Coal stock is selling for $1.44 a share, which means your 100 shares of stock is now worth $144.
http://finviz.com/quote.ashx?t=ACI&ty=c&ta=0&p=m
Poof. Not all dollars on the planet went poof but a lot of dollars that are associated with Arch Coal stock certainly did. Arch Coal is but one example; Collect enough examples such as Arch Coal and total them up and you will discover that there is at hand a lot of dollar poofiness.
So, what is the net result of all this poofiness? One effect is it creates a scarcity of dollars, and a scarcity of dollars - as with the scarcity of most things that are in demand - tends to to increase their value.
Oh, and there are the jobs that are associated with the production, extraction and the implementation of these commodities, jobs that used to put dollars into circulation but no longer do so.
The boom giveth, the bust taketh away.
do, this poofiness?
Ron Paul on Trump, Putin, and people’s desire for a strong man/”force of nature”.
“Even though most people look at this as being clownish and not serious at all, by studying history I understand that in times of trouble, when push comes to shove, Trump is actually the type of ‘strong man’ personality people want in a leader. And that’s scary,” said Dr. Paul.
“People get frightened and scared and they want to be taken care of. We’ve seen this happen throughout history, all over the world. And it’s happening again right now in places like Russia, Egypt, and Syria. If things deteriorate further in the United States, as I expect they certainly will, I believe somebody like Trump might do even better. And I strongly believe he will abuse the executive power.”
Patriots and Politics
Vote for Trump if you are scared and need somebody strong and bold to take care of you!
Vote for weakness. Always a good plan. Plenty of weak dependency culture on the left.
A vote for Trump is an acknowledgment of your own inadequacy!
Plenty of weak dependency culture on the left.
“Weak dependency’? Think about it objectively. The white conservatives disenfranchised on the right are looking to be depending on a savior (Trump) too. And rightfully so. The American brand of capitalism has let them down and they are looking to be depending on a savior (Trump).
The right is no different than the left in the aspect of lacking of, and desiring of equal opportunities.
I think Lola just got out of solitary, aka “the hole.”
I think Lola just got out of solitary, aka “the hole.”
RedProxyStrawberryShrimpClubber has the exact kind of sinister vibe as a prison guard - then complains about “thought police” while calling for banning of 4 or 5 “liberals” with different opinions. 2-3 days ago. Read it. Then threatens new posters on how to think.
RedProxy has a really bad vibe. KGB stuff.
Comment by RedJHauk
2015-11-13 21:36:02
Be very careful of befriending Lolas comrade.
How is warning someone of your insanity a threat? Sometimes I strike gold comrade. Yes, you’ll find many a prison guard railing against public unions and calling them abominations. Back to the hole to try again?
I prefer a smooth criminal who is all smiles with fists full of vaseline.
You shouldn’t have any lack of great choices if that’s what you like.
The weak man thing hasn’t worked out so well for us.
The bought man thing hasn’t worked out so well either.
How about the bought woman thing. Any thoughts on how that might work out?
Stop micro-aggressing Ms. Lindsey Graham.
Ron Paul is a crank believer in the gold standard, which automatically disqualifies him from serious consideration for anything. Only neanderthal knuckle-draggers believe a modern economy should be based on little pieces of shiny yellow rocks.
Ad hominem attacks are the last refuge of those without cogent argument.
Where have I heard that line before?
I apologize for my insult to Neanderthals everywhere for dragging them down to Ron Paul’s level, and to the level of gold standard crackpots.
Spoken like an academic economist of the highest ecclesiastical order…
Your advocacy of fiat brings us closer to one world government, one world currency.
“And that no man might buy or sell, save that he had the mark, or the name of the beast, or the number of his name.”
Your advocacy of fiat
Gold is a stupid standard. Weak economies that have yellow dirt in the ground get rewarded with wealth. Strong economies that don’t have yellow dirt get punished. And very few countries have gold than can be mined, making the world susceptible to gold cartels that have us over a barrel.
“Gold is a stupid standard”
Interesting point and I agree completely. Gold is an arbitrary standard, thus “stupid” as it respects no man or country as “special”.
Gold is not a stable, uniform standard and does not treat all nations equally. It picks winners and losers. Gold producing nations are the winners, non-producers are the losers. With a gold standard it just creates another OPEC to screw over the world.
Your advocacy of fiat brings us closer to one world government, one world currency.
How about a world currency based on gold?
‘Trump is actually the type of ‘strong man’ personality people want in a leader’
I was thinking about some comments about Trump being flawed. There isn’t any doubt about that. What interests me are the positions he’s taken and managed to not get flogged by the PTB. Anti-globalist, wants to stop being the worlds policeman. Anti-super PAC, against illegal immigration. It is the phenomena of Trump the candidate that has more meaning than the man himself. It can be boiled down to this; he has listened to what people want and the PTB can’t make him back down from the debate. What we should be asking is, why is he the only one who is questioning globalism, immigration and US imperialism? (All related, BTW).
What we have here is a failure of democracy. I’ll give one example I’ve mentioned before; does anyone question where the majority of Arizona citizens stand on illegal immigration? Yet both of our US senators are stridently pro-amnesty. They aren’t even slightly afraid of being removed from office. That’s a broken system.
I’m not going to worry about Trump the man. What I wish is that a flawed man wasn’t the only one listening to this segment of the electorate and willing to represent them in the universe of potential policy.
I was impressed at the time of the bank bailout. Wasn’t the voice of 97% of people to not give the banks a trillion dollars? Then congress votes immediately to do so.
Where was the backlash?
why is he the only one who is questioning globalism,
Because he doesn’t need the globalist campaign money (yet). $$ of outside money taken by candidates (opensecrets):
Bush $103M
Clinton $20M
Cruz $39M
Sanders $25K
Carson $6.8M
Rubio $17M
Christie $14M
Paul $5.7M
Fiorina $3.5M
Graham $3M
Huckabee $4.5M
Trump $0
Jindal $3.7M
Kasich $0
OMalley $0.6M
Santorum $310K
Kasich hasn’t taken any outside money yet, but if he wants to continue, I think he’ll have to.
“What I wish is that a flawed man wasn’t the only one listening to this segment of the electorate and willing to represent them in the universe of potential policy.”
Well said
I was impressed at the time of the bank bailout. Wasn’t the voice of 97% of people to not give the banks a trillion dollars? Then congress votes immediately to do so.
95% of the voters then bent over and grabbed their ankles for Wall Street by voting for pro-bailout candidates and Oligopoly water carriers Obama, McCain, and Romney. So clearly, the voters are ‘tards who have no idea what they really want.
Ben Jones: What we should be asking is, why is he the only one who is questioning globalism, immigration and US imperialism? (All related, BTW).
What we have here is a failure of democracy.
Don’t forget the essential role of the media in this. Candidates need money to buy ads on the electromagnetic spectrum. Or, the media needs to think the candidate will collect enough eyeballs to boost their bottom line. Both is optimal.
Without media attention, the candidate cannot gain sufficient popularity to stay in the race and win.
“Where was the backlash?”
https://en.wikipedia.org/wiki/Occupy_Wall_Street
Don’t be fooled by the Paris incident. Here’s a small group protesting the Muslim invasion, and they get reviled by a large group of insane “fellow citizens” and arrested by the police and spat on by Muslims. Nice, real nice. Now it can be seen who the real enemy is.
https://www.youtube.com/watch?v=kY5xHCa3PkU
Yep. This whole incident was but an excuse for TPTB to bomb Syria some more. Disgusting.
Everything is proceeding according to the globalists’ master plan.
A crisis is a terrible thing to waste.
The little drummer boy for austerity doesn’t seem to be drumming so hard now it is them facing austerity; strange that
The fact that Finland is currently the worst-performing economy in the eurozone has not gone unnoticed in the international media.
Telegraph and Financial Times, for example, reported on Friday that Finland has fallen to the bottom of the pack in a comparison of eurozone economies – a fact that prompted Minister of Finance Alexander Stubb (NCP) to dub the country as “the sick man of Europe” already in September.
His choice of words is currently being cited by news outlets across the world.
The seasonally-adjusted gross domestic product of the eurozone grew by 0.3 per cent quarter-on-quarter between July and September, indicate preliminary data published by Eurostat. The gross domestic product of Finland, in stark contrast, decreased by 0.6 per cent in the third quarter of the year – more than that of any other eurozone country.
http://www.helsinkitimes.fi/finland/finland-news/domestic/13614-finland-dubbed-the-sick-man-of-europe-in-global-media.html
Finland has also been plagued by political paralysis after elections this year brought a new centre-right coalition to power. Helskinki’s conservative alliance, led by prime minister Juha Sipilä, came close to collapsing over healthcare reforms earlier this month.
Mr Sipilä has vowed to embark on a bold but “painful” austerity blitz to slash government spending and carry out structural reforms to get the country of 5.5 million back on its feet.
The Finns have taken a tough line against eurozone bail-outs for southern European economies, but the third quarter numbers show their economic misfortunes eclipsed Greece, where the economy shrank by just 0.5pc.
http://www.telegraph.co.uk/finance/economics/11993040/Finland-emerges-as-the-new-sick-man-of-Europe-as-euros-worst-performing-economy.html
Now it’s getting interesting.
Anonymous Threatens ISIS With ‘Major Cyber Attacks’ Following Paris Terror Tragedy
Hacker collective Anonymous has vowed to inflict a ‘major cyber attack’ on ISIS following the terrorist attacks in Paris on Friday 13th that have so far claimed 129 lives.
“Just to be clear: #Anonymous hasn’t just declared war on #IslamicState, we’ve been at war for quite some time already”.
“We are upping our game, you will now be hit by major cyber attacks,” the hackers told ISIS in the new warning.
-Libby Plummer’s Yahoo Tech Tumblr
Oddfellow
Have you acknowledged your white male privilege today?
If yes, please ask all of your white neighbors to do the same.
At this point, cyberattacks may “contain” more effectively than anything Obama is doing. These fine folks don’t seem to be the type to have crack cybersecurity teams in place, and it may be too late to recruit some.
To many, Finland is a member of the euro zone’s fiscally conservative core, alongside Germany. But in the words of its own finance minister, “basically, we are the sick man of Europe.”
Indeed, new statistics show just how lousy Finland is performing financially. The Finnish economy is 11% smaller than its 2008 peak, making it look more like Italy or Spain than the stronger “core” countries of the euro zone. According to the latest monthly estimates, Finland’s economic output shrank by a daunting 2.6% in September versus the year before, the worst result in more than two years:
http://qz.com/548985/whats-wrong-with-finland/
Never send to know for whom the drum beats; it beats for thee.
Are they trying to paper over their troubles with more debt?
No they can’t, they are tied to Germany, they risk becoming Greece without sun. Till Germany changes their policy they are stuffed, they face austerity or austerity.
In an age where the conventional wisdom is that borrowing and printing money leads to prosperity, having a single currency to meet the needs of disparate economies seems like a problem.
Does the news that one of the Paris terrorists came in alongside the wave of Middle Eastern refugees increase Marie Le Pen’s election prospects? (There’s also a parallel to Justin Trudeau’s recent election in Canada.)
What news? No one has confirmed if any of the terrorists came in with refugees or not.
“Passport trade raises doubts over Paris attackers’ identities. Trade in fake Syrian travel documents raises concerns that passport was carried to France by more than one person…” — UK Guardian
The passport left at the scene was so oh conveniently placed, meant to be found. The same thing happened with the Hebdo attacks, one of the shooters left his I.D. on the seat of his rental car.
Two possibilities:
1. The passport matches the suicide bomber and he did come in as a refugee.
2. The passport is fake, planted there by ISIS to make people think he was a refugee, to whip up anti-refugee feelings in Europe as a way of escalating the EU-Muslim tensions.
Try to keep up, pal!
Passport linked to terrorist complicates Syrian refugee crisis
By Christiane Amanpour and Thom Patterson, CNN
Updated 12:24 PM ET, Sun November 15, 2015 | Video Source: CNN
Paris (CNN)The Syrian refugee crisis just got worse, due to the Paris attacks.
Now more than ever, since the Syrian war began 4½ years ago, the crisis can be summed up as damned if you do, damned if you don’t.
What made it worse? Sunday’s revelation that at least one of the Paris terrorists who killed more than 120 people on Friday entered Europe as just another face in the crowd — embedded in the current wave of Syrian war refugees. The development appears likely to fire up the security debate over what to do with them.
2016 hopefuls express alarm over refugees after Paris attacks
More than 4 million refugees have come to Europe since Syrian government forces and rebels started fighting, opening up safe havens for ISIS and pro-ISIS forces.
The immigrant wave into Europe has been reaching new highs and it shows no sign of tapering off.
One of the men who attacked Paris held an emergency passport or similar document, according to an unnamed French senator who was briefed by the French Ministry of the Interior. The senator told CNN the bomber falsely declared himself to be a Syrian named Ahmad al Muhammad, born on September 10, 1990, and was allowed to enter Greece on October 3. From there he moved to Macedonia, then Serbia and Croatia, where he registered in the Opatovac refugee camp, the lawmaker said. Eventually, he made his way to Paris, where he was one of three men who blew themselves up at the Stade de France.
Syria's civil war in pictures
51 photos: Syria’s civil war in pictures
Crisis in Syria: The refugees
Fingerprints on the passport matched those of the Stade de France bomber, the French senator told CNN.
The fingerprint was not in the French database, the senator said, and therefore officials believe the man was among a group of refugees and migrants.
The two others who detonated themselves at the stadium carried false Turkish passports, the French senator said.
“This is what we had feared,” a senior French official told the Wall Street Journal.
…
They don’t know yet.
“Ahmad al-Mohammad
The 25-year-old from Syria’s city of Idlib is believed to have died after he blew himself up at Stade de France stadium.
A Syrian passport bearing his name was found at the scene.
Investigators are still trying to establish whether the passport is genuine - so this may not be the actual identity of the attacker.” — BBC, 3 hours ago
I guess it’s too much to ask the Professor of Copy and Paste to actually think on his own.
I guess we should expect you to continuously dish out ad hominem attacks while sanctimoniously advising the rest of us on how detestable the practice during moments when you aren’t preoccupied with cooking up crazy arithmetic to show that anyone living within 27 feet of sea level is doomed.
Don’t feed the troll.
UN-EFFING-BELIEVABLE! Mizzou protesters are ANGRY Paris terror attacks stole their MEDIA SPOTLIGHT!!!
Posted by soopermexican on Nov 13, 2015 at 7:51 PM in Politics | 631 Comments
Read more: http://therightscoop.com/un-effing-believable-mizzou-protesters-are-angry-paris-terror-attacks-stole-their-media-spotlight/#ixzz3rfBr1oEy
Hundreds of brown people get blow up weekly, and the media doesn’t say boo about it. Shoot a couple hundred pinkies and it’s The End of The World!
“Shoot a couple hundred pinkies and it’s The End of The World!”
Make up your mind or have your meds adjusted.
Comment by AmazingRuss
2015-11-13 18:32:34
“But they were effete european socialists, so its ok, right? Just got what they had coming, right?”
Mizzou Campus Activists and Black Lives Matter Complain About Paris Stealing the Spotlight
The Associated Press
by Milo Yiannopoulos14 Nov 201530,819
Campus activists in America showed their true faces during an international tragedy last night: they are the selfish, spoiled children we always knew they were.
Black Lives Matter and Mizzou protesters responded to the murder of scores of people in Paris at the hands of Islamic extremists by complaining about losing the spotlight and saying their “struggles” were being “erased.” Their struggles, remember, consist of a poop swastika of unknown provenance and unsubstantiated claims of racially-charged remarks somewhere near Missouri’s campus.
So debased has the language on American campuses become that these incidents, which many observers believe to be hoaxes, just like previous campus scandals celebrated by progressive media, are being referred to as “terrorism” and a “tragedy” by moronic 20-year-olds who have never been told, “No.”
Screen Shot 2015-11-14 at 15.20.35
Such a reaction is understandable, if grimly hilarious. These kids been raised by indulgent parents, instructed by professors racked with middle-class white guilt who secretly hate themselves and western culture, and promoted by a sympathetic media which bends over backwards to put them in the best light and paper over their tantrums.
http://www.breitbart.com/…/ - 130k -
Meet your future commisars and “security cadres” once we have our permanent Democrat supermajority.
Comment by phony scandals
2015-11-16 07:13:42
Mizzou Campus Activists and Black Lives Matter Complain About Paris Stealing the Spotlight
breitbart.com/national-security/2015/11/14/mizzou-campus-activists-and-black-lives-matter-complain-about-paris-stealing-the-spotlight
Gimmie a T
Totalitarian one world government?
Gimmie an R
RINO!
Russian Soviet Federative Socialist Republic?
Gimmie an UMP
(had to move it along the damn white people didn’t tell me where to sign up for the white privilege when I was a kid so I have to go put my tools on and continue to bust my 50 something year old white @ss)
Your strongman Trump will be a one term distraction, and then it’s back to business as usual.
American national sovereignty is over, the globalists win this game.
Where’s all the Lolas defending Hillarys statement at the debate that she takes all that Wall Street money because of 9/11? Oh, I guess even hardcore Kommissars didn’t even watch.
Here they are!
https://www.youtube.com/watch?v=ERYKzez97lA
In your terrified imagination, just outside the strawman factory, next to the crybaby conservative echo chamber.
Russ
If they are paying you they are getting ripped off.
“They” aren’t paying me. I just have a compulsion to fart in the echo chamber.
Keep farting. That empty skull will fill eventually.
When will the Fed’s deranged money-printing cost the dollar its world reserve currency status?
http://news.yahoo.com/imf-experts-recommend-inclusion-chinese-yuan-elite-currency-010527771.html
“Give me control of a nation’s money supply and I care not who makes its laws” — Mayer Amschel Rothschild
This is where my “sons” in Belgium live:
http://www.politico.eu/article/molenbeek-a-terrorists-den/
I call BS on this
http://www.zerohedge.com/news/2015-11-16/isis-threatens-attacks-washington-dc-new-video
The U.S./Israel/Saudi Arabia/Qatar creation, ISIS threatening one of its creators?
How much longer can the war mongers continue to think they are fooling the sheople?
Just calm down!
Clearly, what we need to do is, everybody go shopping.
Paris: You Don’t Want to Read This
by Peter Van Buren
‘You don’t want to read this, and I take no pleasure in writing it, and no one really wants to hear it right now. But I believe it needs to be said.’
‘It has to be said, especially looking at the sick repetition of the same story, that despite fourteen plus years of a war on terror, terror seems to be with us as much as ever, maybe even more. It is time to rethink what we have done and are doing.’
Since that day in 2001, we have spied on the world, Americans at home and foreigners abroad, yet no one detected anything that stopped the Paris attacks. We gave up much to that spying and got nothing in return.’
‘Since 2001, the United States has led nations like Britain, France, Australia and others into wars in Iraq, Afghanistan, Libya and Syria, with drone attacks on people from the Philippines to Pakistan to all parts of Africa. We have little to nothing to show for all that.’
‘Since 2001 the US has expended enormous efforts to kill a handful of men – bin Laden, al-Zarqawi, al-Awlaki, and this weekend, Jihadi John. Others, many without names, were killed outside of media attention, or were tortured to death, or are still rotting in the offshore penal colony of Guantanamo, or the dark hell of the Salt Pit in Afghanistan.’
‘And it has not worked, and Paris this weekend, and the next one somewhere else sometime soon, are the proof.’
‘We gave up many of our freedoms in America to defeat the terrorists. It did not work. We gave the lives of over 4,000 American men and women in Iraq, and thousands more in Afghanistan, to defeat the terrorists, and refuse to ask what they died for. We killed tens of thousands or more in those countries. It did not work. We went to war again in Iraq, and now in Syria, before in Libya, and only created more failed states and ungoverned spaces that provide havens for terrorists and spilled terror like dropped paint across borders. We harass and discriminate against our own Muslim populations and then stand slack-jawed as they become radicalized, and all we do then is blame ISIS for Tweeting.’
‘Note that it is the strategy of Islamic terror to generate a crackdown in France in order to radicalize French Muslims. Hundreds of French citizens have already traveled to Syria to fight with groups including ISIS.’
‘As one of the most intelligent commentators on all this, Bill Johnson, said, terrorism is about killing pawns to affect the king. The attacks in Paris are not about the murder of 150 innocent people. Hell, that many die nearly every day in Iraq and Syria. The true test for France is how they respond to the terror attacks in the long-game – that’s the king in all this. America failed this test post-9/11; yet it does not sound like France understands anything more than America.’
America needs terrorists so that our presidents can protect us from them.
Estimates of the number of fighters in the ranks of the Islamic State in Iraq and the Levant (ISIL) are extraordinarily wide-ranging. On the low end of things, CNN’s Barbara Starr recently reported that “U.S. intelligence estimates that ISIL has a total force of somewhere between 9,000 to 18,000 fighters.” In late 2014, the CIA’s estimate of ISIL’s numbers was slightly higher, as its analysts assessed that the group had between 20,000 and 31,500 fighters between its Iraq and Syria holdings.
31,500 vs the world. What is the problem?
“America needs terrorists so that our presidents can protect us from them.”
Our terrorists are investment bankers that use political graft and corruption to foist their losses on the treasury and main street taxpayers.
Since that day in 2001, we have spied on the world, Americans at home and foreigners abroad, yet no one detected anything that stopped the Paris attacks. We gave up much to that spying and got nothing in return.’
Sometimes you hear that the security services in France and other countries have foiled many terrorist plots, but that they don’t talk about them. Unfortunately, we can’t evaluate the veracity of those assertions since everything’s shrouded in secrecy.
I don’t think it’s unreasonable to assume that some attacks were thwarted by intelligence or that because of it some arrests have been made preemptively. That is the one area where I see one hole in an otherwise well-written piece. As you suggest, without that piece of info, either side of the debate for increased military action can make the case for or against it.
I would have liked them to say the whole course of action taken to date is ill-fated, independent of the conclusions of intelligence.
What is the primary constitutional directive of the Federal Government? Common Defense.
That does not include open borders and mass immigration and resettlement of Political Islamists.
For the next 15 months you better get your CCW and take Krav Maga classes regularly, maybe even bring bomb blankets flack jackets to your next concert, because you are completely on your own.
The Iraq invasion happened with the blessing of neocons and Globalist Progressives, now what? We commit suicide? If we don’t want to get involved overseas any longer, can we at least get the insurgents and killers out of our country? Is that too much to ask?
The constitution has no primary directive. If you’re really concerned that a concert may be attacked, the best idea is to skip it.
“skip it”
That’s your answer? Nothing to address the security issue with the 2 million + Muslims imported and resettled in our country since Obama became President? Pathetic.
If you and people like you hate the western culture…Do us all a favor and leave.
Read what I wrote. If you think that a specific concert is going to be attacked by suicide bombers with AK-47s, you should avoid that concert.
To be more specific, your concealed handgun and Krav Maga training are unlikely to be of much use.
“skip it”
That’s your answer? Nothing to address the security issue with the 2 million + Muslims imported and resettled in our country since Obama became President? Pathetic.
It’s working so well in Europe…
With Open Gates - breitbart.com/london/2015/11/11/watch-anti-migrant-video-going-viral-across-europe/
youtube.com/watch?v=44vzMNG2fZc
LOL! at the people who think they did it because the hate “western culture.”
get educated:
http://townhall.com/columnists/michaelbrown/2013/04/22/why-do-radical-muslims-hate-us-n1574973/page/full
“Dubbed by the media as “refugees”, they cross through 6-10 safe countries to reach wealthy nations like Germany or Sweden where they hope to receive a better life at the expense of the taxpayer.”
Notice the not-so-subtle defense of Assad in the article, which is consistent with the theory that Zero Hedge is a paid mouthpiece for Russian agitprop.
Russia has a naval base and an air force base on the coast of Syria and very much wants to keep them, so they prop up Assad. Which explains why we armed and supported the “moderate” anti-Assad rebels. Cold War by proxy. Add in Hezbollah, Iran, ISIS … it all gets complicated, sort of like the whole pre-WW1 mess.
Macro Rubio: The Ultimate Hypocrite
Marco: “We won’t be able to take more refugees. It’s not that we aren’t compassionate. But we can’t. No way to background check”
Well, gee, Marco, to be consistent with your own philosophy, please send your parents back to Cuba. They’re Commies and we couldn’t background check them in ‘59, so put ‘em on a boat and send ‘em back.
Marco Rubio works for us.
I thought the plan was to pull Trump and turn his votes into Cruz votes?
Know your globalist.
Ted Cruz is too much of a loose cannon to entrust with the presidency. Marco Rubio, like Hillary Clinton, is an acceptable candidate.
Many of these rags to riches types evoke personal narratives of American exceptionalism, but once they realize there is a globalist glass ceiling to their political ambitions, they are brought into the fold.
… and Trump is way too hot-headed to let him anywhere near the nuke button.
The loose cannon is married to a Goldman Sachs director.
Send Marco back to Cuba with them. Make his oligarch puppetmasters join them on the boat.
It’s time for some adults in this country to walk in to the white house and say “ok kids…you’re done…time to go home”.
This administration is an absolute embarrassment and will go down as the worst in our history by a wide margin.
“We don’t have religious tests for our compassion.”
- Barrack Hussein Obama
Be Afraid, very afraid.
So adults have religious tests?
Yes, given the stated goals of Political Islam.
There’s no religion called Political Islam.
Islam is a barbaric political conquest ideology masquerading as a religion. Also, muslim’s are not a race.
Islam is a barbaric political conquest ideology masquerading as a religion.
No, that’s not true. Your attitude reflects a standard definition of bigotry.
Also, muslim’s are not a race.
At least you’re correct about that.
Did you read about the Catholic priests who molest the kids?
War on Catholics!!! War on Priests!
The GOP loves the scared and the ignorant. Easy to manipulate them.
Dont be afraid, take care of yourself, dont blame others for your misery.
Sorry, the title has already been taken by George Bush, Herbert Hoover, Richard Nixon and James Buchanan.
“This administration is an absolute embarrassment”
More details, please. Too many bomb drops, or not enough?
Fundamental Transformation of America encompasses more than trying to erase the Iraq invasion from the history books.
This administration comes from a school of thought that says we are living too well and we have to be brought down to size. We should live with sub standard heath care, constant chaos and a massively decreased middle class via rapidly declining economic opportunity.
…And by god if we cant get Americans to sign off on their own demise, we will import enough of people to override their will.
They (the insurgents Obama, Emanuel, Jarret, Rice, Power, Clinton, Rhodes, etc.) used the anger of the American people over the failures of Bush to facilitate a hostile takeover of our country using the cult of personality, a series of absolute lies and a compliant fourth estate.
“You never want a serious crisis to go to waste. And what I mean by that is an opportunity to do things you think you could not do before.”
- Rahm Emanuel
If you think Obama is bad now just wait until he is Secretary General of the UN.
He is young enough, we need his brain to stay in politics. Smart man!
I am anti-neo-con.
Your 10:38 post hadn’t shown when I posted…
More details, please. Too many bomb drops, or not enough?
+!
“will go down as the worst in our history by a wide margin.”
…until the next one. You crybabies are going to put Hillary in office. You’ll cry about that too.
What does that have to do with any serious issue being mishandled by these Incompetent ideologues?
I guess we should all just bend over and take the Fundamental Transformation of America up the Keister.
I have no idea. You were the one crowing about it. I merely pointed out you wouldn’t be able to crow about at some point.
Playing to the Base: Six U.S. states shut doors to Syrian refugees
Figures, conservative knee-jerk Islamophobic states like Texas, Alabama, Arkansas, Indiana, etc. are jumping on this made-for-Fox news sound bite. One small problem: the Feds have jurisdiction over immigration and the state have no say. Once a refugee gets admitted to the US there’s no stopping them from renting a car or taking the bus to Houston or Little Rock.
This is just NeoCon propaganda to play the fear card to stoke the population into backing another $1 Trillion war in the Middle East.
Your advocacy of open borders is what the globalists want.
My post isn’t about open borders. It’s about Republican governors pretending to have authority they don’t have just to get air time on Fox to serve pablum to their base.
Actually it is about open borders. What you’re saying is that those governors can’t control their borders.
The phrase “open borders” is generally used with respect to national borders, not states. A nation can have closed borders and still admit refugees in a controlled way. Open national borders means unchecked, free flow of people in both directions.
Correct, the states cannot control their borders with regards to immigrants: “As the Supreme Court explained in Hines v. Davidowitz, “the supremacy of the national power in the general field of foreign affairs, including power over immigration, naturalization and deportation, is made clear by the Constitution.””
Heck, send a bunch to California. We’ve got all walks of life here. They would blend in and not even be noticed.
I disagree. Do not send them to CA, too many Persians and Chinese already in So Cal. I have to drive south for Thanksgiving, f’n nightmare in the OC with posers and malls.
“there’s no stopping them from renting a car or taking the bus to Houston or Little Rock.”
Nothing but the fact that they have no idea those places even exist.
I guess France needs some adults in charge as well.
This is an article from Oct 20th.
France: Marine Le Pen goes on trial over Muslim remarks
http://www.bbc.com/news/world-europe-34580169
“French National Front leader Marine Le Pen has appeared in court in Lyon, to answer charges of inciting racial hatred, for comparing Muslims praying in the street to the Nazi occupation.”
30k people in the US die in car accidents per year.
589k people in the US are projected to die from cancer this year. 1600 per day!
14k people in the US were murdered last year.
But yes, time to drop bombs on a sovereign nation 6000 miles away. Let’s do this!
It is worthy he $3 million in bombs to take out that 1989 Toyota.
Have we learned nothing?
Lets give all of Syria to Isreal or Turkey, then step back let them take it over.
ISIS wants backlashes against all Muslims, suck us in to a never ending war.
Like if after Timothy McVeigh bombed us, we went after all Irish Americans.
The civilized world has been fighting Political Islam for centuries.
…and getting nowhere.
So let’s all give up and become muslim. Alahu Akbar my friend…alahu akbar.
Blaming all Muslims for Paris is like blaming all musicians for Ted Nudgent. The ignorance is thick, and they know how to manipulate the sheeple.
Nuk Syria for all I care, but you are being played.
You know the language? Sounds like you’re already there.
Ben covered this months ago. It’s either their complete annihilation or pull completely out. There’s no in between.
We fight AND we give/sell/trade them weapons to fight us with. uhhg!
FIM-92 Stinger MANPADs
ISIS fighters acquired a host of American Stinger missiles from ravaged Iraqi basis, according to Fox News. The Stinger is lightweight and easy to use, and can be operated from the shoulder of a single soldier, making it no small threat.
Political Islam?
Gonna file that with Communofaschists in my NewSpeak dictionary.
This one is ungood too? Plus or doubleplus?
AZ: potus sunk us with 8 trillion more in debt. Basically took over the mortgage market and created another phony stock bubble.
Solve a debt problem with more debt sounds smart.
The money will never be paid back.
Haven’t we covered where the majority of the debt comes from? 2009 Bush. War Bush, Tax cuts bush. Medicare D Bush.
What new programs did O spend on? uhg! Have you looked at our GDP?
I wish we could stop blaming Bush and the neo-cons:
2003
“This war will not put an end to anti-Americanism; it will fan the flames of hatred even higher. It will not end the threat of weapons of mass destruction; it will make possible their further proliferation. And it will not lay the groundwork for the flourishing of democracy throughout the Mideast; it will harden the resolve of Arab states to drive out all Western (i.e. U.S.) influence.”
The Onion’s predictions were spot on. The Iraq War left the entire region in shambles, creating a power vacuum that resulted in the rise of the Islamic State, or ISIS, who has established a totalitarian “caliphate” in Iraq and Syria over the last few years.
ISIS has claimed responsibility for Friday evening’s attacks on Paris.
Why stop at 2003?
How about Lebanon and Beirut in the early 1980’s? The 1993 World Trade Center bombing? The 1998 embassy bombings?
And what did Bush do to provoke 9/11? The planning started during the Clinton administration.
There was Hezbollah, then Al Qaeda, now ISIS (and others inbetween).
Blame Bush if it makes you feel better. Some might say that Obama’s drone program is making things even worse–but the drone strikes continue.
The reality is that these f’ers have been targeting the West for decades for a variety of reasons. And without robust economies that allow people to get jobs and raise families, they have a nearly unlimited source of young men willing to blow themselves for the cause.
Did I miss the memo? Sharia Obama = Goon?
Soros Admits Involvement In Migrant Crisis: ‘National Borders Are The Obstacle’
2 Nov 2015
http://www.breitbart.com/london/2015/11/02/soros-admits-involvement-in-migrant-crisis-national-borders-are-the-obstacle/
“Billionaire investor George Soros has confirmed he wants to bring down Europe’s borders, following the accusation made last week by Hungarian Prime Minister Viktor Orban.”
Global Socialism = Political Islam = Global Tyranny
Lord Soros: SocioPoliticIslamistTyrant
Did I do that right?
Article is two months old, but may have gone without attention.
Angela Merkel caught on HOT MIC confronting Facebook’s CEO to CENSOR anti-migrant posts
September 29, 2015
http://pamelageller.com/2015/09/angela-merkel-caught-on-hot-mic-confronting-facebooks-zuckerberg-over-censoring-anti-migrant-posts.html/
“Attending a luncheon on the sidelines of a United Nations development summit in New York on Saturday, Merkel and Zuckerberg were overheard on a live transmission broadcast on the UN website as participants took their seats.”
“After Merkel confronted Zuckerberg about anti-migrant posts, the Facebook CEO is heard responding that “we need to do some work” on the issue.”
Middle-aged white guys in the USA are dying at a higher rate than the rest of the population, and uniquely so amongst developed nations. The revelation from Scotland’s latest Nobel Prize Winner Angus Deaton may have important lessons here for anti-poverty strategy.
Rattle asked Dr. Angus Deaton for an article ten days ago. He said he had an important study about to come out. That work has now been published, in the Proceedings of the National Academy of Sciences of the United States of America. It may have a significant bearing on policy across developed nations. For Scotland, with its unusual levels of deprivation and policy consequences from that poverty, it might be the letter back from America which bucks up our approach to the socially dispossessed.
Deaton and Anne Case have found that unlike any other age group or ethnic group, death rates for middle-aged white Americans are on the rise. The usual suspects of heart disease or diabetes aren’t to blame. Instead the cause is attributed to suicides and substance abuse. Those that aren’t killing themselves by mortal act are doing so by alcohol, illegal drugs and prescription medicine overdose.
The data shows that the group most affected are the poor. The mortality rate for whites 45 to 54 years old with whose education reached secondary-only increased by 134 deaths per 100,000 people from 1999 to 2014. Dr. Deaton says, “Only H.I.V./AIDS in contemporary times has done anything like this”.
http://rattle.scot/deaton-poverty-killing-middle-aged-white-americans-like-aids
Charley Sheen might yet make the list.
France has invoked emergency powers to sweep aside EU deficit rules and retake control over its economy after the terrorist atrocities in Paris, pledging a massive in increase and security and defence spending whatever the cost.
President Francois Hollande said vital interests of the French nation are at stake and there can be no further justification for narrowly-legalistic deficit rules imposed by Brussels. “The security pact takes precedence over the stability pact. France is at war,” he told the French parliament.
Defence cuts have been cancelled as far out as 2019 as the country prepares to step up its campaign to “eradicate” ISIS, from the Sahel in West Africa, across the Maghreb, to Syria and Iraq.
At least 17,000 people will be recruited to beef up the security apparatus and the interior ministry, fast becoming the nerve centre of the country’s all-encompassing war against the ISIS network.
http://www.telegraph.co.uk/finance/economics/11999544/France-swats-aside-EU-budget-rules-in-rearmament-blitz.html
Is it time for the Hammer to Fall?
Queen ROCKS!!!
https://en.wikipedia.org/wiki/Hammer_to_Fall
I thought is was because we have MTV and hot dogs:
Americans have rarely paused to ask themselves why they were attacked on Sept. 11, 2001. Palestine was certainly a motive. Another was the severe punishment inflicted by the United States on Iraq in expelling it from Kuwait in 1991 and then in starving it over the next 13 years with punitive sanctions, which are said to have resulted in the death of half a million Iraqi babies. Yet another major motive was the callous way the United States treated the tens of thousands of Arab fighters from across the region—25,000 from Yemen alone—whom it had recruited and armed to fight the Russians in Afghanistan. Once the Russians withdrew in 1989, Washington dropped the mujaheddin. Large numbers of these “Afghan Arabs,” angry, alienated and battle-hardened, were let loose on the region. Some caused mayhem in their own countries; others joined Osama bin Laden’s al-Qaeda.
George W. Bush’s “global war on terror” after 9/11 was another grotesque misuse of American power. Instead of using police methods to hunt down al-Qaeda, the United States blundered into war in Afghanistan—where, 12 years later, it is still inflicting and taking casualties. It then allowed itself to be tricked by Paul Wolfowitz and other pro-Israel neocons into invading Iraq—a country which the neo-cons, after the Iran-Iraq war, saw as a possible threat to Israel’s eastern front. Some 1.4 million Iraqis are estimated to have died as a result of the occupation and destruction of Iraq, together with about 4,500 Americans.
This was the heyday of the militarization of American foreign policy—brutal wars, extraordinary rendition and routine torture, the expansion of overseas bases (including half a dozen in the Arab Gulf states), a grossly inflated military budget—still around $700 billion a year!
Nope… it’s the Kardashians. Who can blame them?
It drives you all crazy some Christian trying to make you suffer through a prayer at the beginning of a football game or graduation ceremony or who wants to include “under God” in things, but now you bend over backwards to poke fun at people who don’t defend and embrace these killers and psychos killing for religion.
Keep Jihadi John and the rest of the be headers you Lolas.
It drives you all crazy some Christian trying to make you suffer through a prayer
It’s surreal reading the pure meanness of someone with a sinister vibe trying to “defend” the teachings of Jesus.
That dog don’t hunt. Back to the hole, it’s getting late “in Brasil.”
Did you buy at the wrong time? (That’d be any time within the last 15 years…)
If you bought your home during these years you’re really hurting
Published: Nov 16, 2015 11:04 a.m. ET
By Steve Kerch
Asst. managing editor
SAN DIEGO (MarketWatch) — Home sellers in the United States overall have about $40,000 in equity in their property, a median 23% gain from their time of purchase. But one slice of those sellers is faring much worse than everyone else, according to new data from the National Association of Realtors.
Those who bought their homes 8 to 10 years ago — 2005 to 2007, at the height of the real estate bubble — have gained almost no equity in that time, an average of just $3,000 or 1%, said Jessica Lautz, the NAR’s managing director of survey research and communication.
Tenure in home Equity earned % gain in equity
1 year or less $31,000 14
2-3 years $30,000 15
4-5 years $35,000 19
6-7 years $31,000 14
8-10 years $3,000 1
11-15 years $38,000 23
16-20 years $95,000 63
21-plus years $138,000 145
All sellers $40,000 23
That group of homeowners may be reluctant to put houses on the market today, even though they are right at the average tenure of sellers who make a house trade, and that may be adding to existing-home inventory shortages in many cities, Lautz said at the NAR’s annual convention here.
Despite the equity gains for most homeowners, it is taking more and more income these days to purchase a home. The NAR’s profile of home buyers and sellers for 2015 shows that the gross household income of all purchasers was $86,100, a figure that has risen every year since 2012 when it was $78,600.
…
It’s too early to say whether those who bought in the past 7 years will come out above or under water once the Echo Bubble goes away. However, those who bought between 8-15 years ago did far worse on a home purchase than they would have by renting and investing the difference between what they would have paid on a mortgage (after the interest deduction) and what they paid in rent into the stock market.
And anyone who bought before 2000 won the Housing Bubble lottery.
“And anyone who bought before 2000″
Darn, I was in school then.
Your in school now too. Don’t buy yet.
“Home sellers in the United States overall have about $40,000 in equity in their property, a median 23% gain from their time of purchase.”
Is that a median gain in the value of their home, the sum total of their mortgage payments, or their downpayment amounts?
Assuming the value of their home was the base would imply a median value at purchase of $40,000/0.23 = $173,913 (i.e. 23% of $173,913 = $40,000), which sounds pretty low by San Diego standards.
So if you bought any time except for a tiny 3 year period everything is gravy? This article is NAR propaganda.
Bear in mind that it is based on Echo Bubble valuations and a spurious assumption they will hold up over time.
Newly released email shows top aide Huma Abedin warned colleagues Hillary was ‘often confused’ and needed hand-holding about calls with foreign leaders
Hillary Clinton needed hand-holding with her daily schedule and was ‘often confused’ while she was secretary of state, her former top aide and ‘body woman’ Huma Adebin wrote a colleague in a January 2013 email.
The message, to coworker Monica Hanley, followed a back-and-forth about Clinton’s schedule of calls with foreign leaders, including an 8:00 a.m. appointment to speak with Indian Prime Minister Manmohan Singh.
‘Have you been going over calls with her for tomorrow? So she knows singh [sic] ls at 8?’ Abedin asked Hanley just before 5:00 p.m. on a Saturday.
‘She was in bed for a nap by the time I heard that she had an 8am call,’ Hanley replied three minutes later. ‘Will go over with her.’
‘Very imp[ortant] to do that. She’s often confused,’ Abedin told her.
‘SHE’S OFTEN CONFUSED’: Hillary Clinton’s closest aide Huma Abedin (left) told a colleague that the then-secretary of state needed extra help to keep her world leaders straight
It wasn’t the first time Hanley had to keep up with Clinton’s weekend sleeping schedule. In an email released by the State Department in May, she tried to reach the then-secretary of state four days after the deadly terror attacks in Benghazi, Libya.
Clinton missed a meeting at the White House for President Obama’s daily national security briefing because she overslept.
Hanley emailed Clinton at 9:17 that morning to let her know that White House Senior Adviser Dan Pfeiffer’ had ’some sensitive items that he would like to personally show you when he arrives.’
Clinton didn’t reply until 10:43, hearly an hour and a half later.
‘[J]ust woke up,’ she told Hanley, ’so i [sic] missed Dan. Could he come back after [I] finish my calls?’
Judicial Watch, a right-leaning government transparency group, released the new Abedin email on Monday as a consequence of filing a Freedom Of Information Act lawsuit against the State Department.
The group had demanded to see all ‘emails of official State Department business received or sent by former Deputy Chief of Staff Huma Abedin from January 1, 2009 through February 1, 2013 using a non-“state.gov” email address.’
Read more: http://www.dailymail.co.uk/news/article-3320900/Newly-released-email-shows-aide-Huma-Abedin-warned-colleagues-Hillary-confused-needed-hand-holding-calls-foreign-leaders.html#ixzz3rhc1Zc8o
Follow us: @MailOnline on Twitter | DailyMail on Facebook
Well, at least she’s not a socialist like Obama.
Well, at least she’s not
a socialist likeObama.Was this supposed to be a response to the post about her accepting all those Wall Street dollars?
But I was told that since she was first lady, she would magically be a good President.
President Barack Hussein Obama
bankruptcy?
Where’d Lola go, back into the hole? He disappeared about halfway through this thread. Dang, now I won’t see him again until afternoon tomorrow “Brasil time.”
What proxies is he using to appear from elsewhere with his other usernames?
Did the PPT step in today to guard against panic in the wake of the Paris attack?
There was a time within recent decades when such an incident would inevitably have resulted in a subsequent crash.
Farewell drought, hello El Niño.
Intensifying El Niño could have unprecedented impact
Published: Nov 16, 2015 1:12 p.m. ET
The fires in Indonesia have been exacerbated by this year’s long dry season, triggered by the El Niño weather phenomenon.
By Shawn Langlois
Markets reporter
El Niño is already the strongest we’ve seen in more than 15 years, and it’s only getting stronger, according to a report released Monday from the U.N.’s World Meteorological Organization.
In fact, the weather pattern, which has already delivered extreme weather in parts of the world, is on track to be among the most powerful ever. It’s already been blamed for extreme weather events around the world, including major coral bleaching, an intense cyclone season, wildfires in Southeast Asia and drought conditions in parts of Africa, to name just a few.
For California, it means increased risk of heavy flooding and mudslides. Bill Patzert, a climatologist for NASA’s Jet Propulsion Laboratory told the L.A. Times that “El Niño is here. And it is huge,” adding that locals should expect “one storm after another like a conveyor belt.”
…