Bits Bucket for November 27, 2015
Post off-topic ideas, links, and Craigslist finds here. Please visit my Youtube channel which you can also find here:
http:tinyurl.com/http-hbb-com
The Housing Bubble
Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole.
About Me
Name:Ben Jones
Location:Northern Arizona, United States
To donate by mail, or to otherwise contact this blogger, please send emails to: thehousingbubble@gmail.com
PayPal is a secure online payment method which accepts ALL major credit cards.
Links
-
December 2024 M T W T F S S « Sep 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
Photo Submission: hbbphotos@gmail.com
View the HBB Photo Gallery *updated 4/13/2008
A key inflation gauge showed prices fell in October from a year ago, while spending by households also dropped in a double blow for Prime Minister Shinzo Abe’s high-profile growth blitz, dubbed Abenomics.
The weak figures came despite signs of a tight labour market, with the headline unemployment rate at a two-decade low of 3.1 percent, down from 3.4 percent in September.
But even the jobless numbers highlight a growing red flag for the economy — the rise of part-time work at lower wages.
(GDP) shrank 0.2 percent in the July-September period, or an annualised contraction of 0.8 percent, marking the second straight quarterly decline.
Daiwa Institute of Research economist Satoshi Osanai said Japan’s economy was “out of gear”, with most of Abenomics’ benefits limited to the country’s boardrooms
Sounds exactly like what’s going on here. All they are doing is shifting peoples spending from wants to needs. There isn’t enough for wants anymore.
http://news.yahoo.com/weak-japan-data-offer-latest-bad-news-abenomics-004032354–finance.html
“All they are doing is shifting peoples spending from wants to needs. There isn’t enough for wants anymore.”
There never was enough for wants or needs. It’s all dumb.borrowed.money for both. That will change as the price declines accelerate.
why is it so critical for the PPT to keep stock and home prices high?
You answered your own question. But the house of cards will collapse under the weight of its own fraud and ficticious valuations.
“But the house of cards will collapse under the weight”
Yeah yeah, when you can’t explain economics in its own terms, bring in the inapplicable laws of physics! How much do fraud and fictitious valuations weigh? English or Metric units both okay, thx.
Bonus point for the vague house of cards analogy too.
Yeah yeah, when you can’t explain economics in its own terms
What we have is fraud, lies, corruption & ponzi, not economics.
“What we have is fraud, lies, corruption & ponzi, not economics”
Better known as Donk-o-nomics.
Yeah. Housing prices and stock prices are a house of cards. Both supported by the PPT. But metals prices are not supported by the PPT. Short term treasury notes prices are falling as well.
The cycle will reverse eventually.
Bill -
What is your asset allocation right now?
Where are you placing your next incremental investment dollar?
Thanks.
I note $14 per ounce silver. This is a far cry from the lofty heights of $48 back in 2011. Lots of tears, no doubt…
6% of my assets are in physical precious metals. Ideally 10% to 15%, but the prices keep drifting down as stock prices are going up, even though I buy a set amount with fiat twice a year. I bring a fat white envelope in with me to the coin shop.
57% in stock funds, of which 28% is international. 35 or 36 percent in government securities and cash. Less than one percent crypto currency and the remainder in physical precious metals. I am in my mid 50s.
Thanks, Bill.
Commodities
Gold hits near 6-year low, set for another weekly drop
7 Hours Ago
Reuters
Gold dropped almost two percent to a near six-year low on Friday, set for a sixth straight weekly decline under pressure from a firm U.S. dollar and prospects of a U.S. interest rate rise next month.
Spot gold hit $1,052.46 an ounce, its lowest since February 2010, and was down 1.2 percent at $1,057.50.
Spot prices were down about 2 percent for the week. U.S. gold futures hit a six-year low of $1,051.10 an ounce before closing down 1.3 percent at $1,056.20 and skidding to a sixth straight weekly decline.
Gold was hit by the dollar’s advance. The greenback was trading near March’s multi-year highs against a basket of major currencies.
“The chatter is all about exchange rates … Gold is down on the dollar,” said Phillip Streible, senior commodities broker for RJO Futures in Chicago.
Greenback-denominated commodities like gold become more expensive for foreign investors when the U.S. currency rises.
The Federal Reserve is widely expected to raise U.S. rates for the first time in nearly a decade when it meets next on Dec. 15-16. Higher rates would rise the opportunity cost of holding non-yielding gold and could dent demand and boost the dollar.
“The omens are not positive for gold in the lead-up to the December rate meeting,” Societe Generale analyst Robin Bhar said.
…
Note I am not buying a house in my nabe. Houses here near an all time high.
“why is it so critical for the PPT to keep stock and home prices high?”
The Chinese, Japanese and western Europeans have several $trillion in Fannie and Freddie shares they’d like to sell you before the bottom drops out.
“China Plunges Most In Three Months, Pushing “Black Friday” Into The Red For Global Stocks”
http://www.zerohedge.com/news/2015-11-27/black-friday-red-global-stocks-china-plunges-most-three-months
It’s global now. Buckle up, shed debt, liquidate and hold onto every dollar you’ve got. You’ll thank us later.
they will arrest you for selling your overpriced pieces of paper , aka stock certificates.
Market forces have an odd way of imposing themselves despite the dictates of the central bankers and central planners.
And central bankers and planners have an odd way of imposing their will on market forces.
Until they lose control.
I’m waiting for that…
There are lots of things I like about the Friday after Thanksgiving.
Being Debt free
Being off of work
Got about 3 days left of the weekend
Avoiding shopping.
Stack gold, trade fiat for gold, bitcoin, platinum, and silver.
Stack Two year notes.
The multitudes experiencing CraterRage® all have the same expression.
http://goo.gl/G9ykal
Well I hope everyone got through their family Thanksgiving dinners well! I wonder which crazy uncle was more loved or despised at the dinner table, dreamer uncle “pie in the sky socialist” Sanders or mean uncle “dark meat is for losers” Trump. And what’s in the hearts and minds of each of their fans around the table.
“And I kept wondering where this “True Story of Thanksgiving” Ayn Rand propaganda meme email comes from every year. Turns out it came from the same group that’s given us our uncle “beautiful Ivanka get the breast because Kira has a handicap” Trumps. And the same self-serving liars that have reduced a once reasonable conservative point of view, to a caricature of meanness and repugnant ugly.
So I just googled it: And let’s not whine about the source - look at the facts presented about the Thanksgiving lie some folks gorge on every day. (Enjoy the leftovers pilgrims!)
Rush Limbaugh’s “True Story of Thanksgiving” is a lie-filled load of stuffing that turns villains into victims
Every Thanksgiving, like clockwork, an email makes its way around the inboxes of conservative Americans across the country — along with those of the unsuspecting family members and friends to whom they may forward it. The missive claims to tell “The True Story of Thanksgiving.” In reality, all it does is further propagate myths and lies about the already greatly misunderstood holiday.
Limbaugh tells the same story each November, lifted from chapter six, “Dead White Guys, or What the History Books Never Told You,” of his 1994 book, “See, I Told You So.” The accuracy in Limbaugh’s telling of the story basically ends with the title of the chapter — it is indeed a story about dead white guys, and it is a story that, truthfully, is not told in history books.
But the reason it is not told in history books is not, as Limbaugh implies, because the real story has been hidden, stifled, repressed; rather, the reason it is not told in history books is because it is not actual history. It is ahistorical right-wing propaganda; it is conservative mythology that was conjured to defend an idealized, fictitious representation of the United States of America and its origins.
In Limbaugh’s telling, which is echoed ad nauseam by the Tea Party, the Pilgrims were early-17th-century socialists who created a “forerunner to the communes we saw in the ’60s and ’70s out in California.” Their supposed socialist experiment, Limbaugh insists, “didn’t work. They nearly starved!”
It was only by abandoning collective ownership of property and adopting capitalist principles, Limbaugh insists, that the Pilgrims subsequently flourished. To celebrate their success, and to give thanks to God and the Almighty Free Market, the conservative pundit maintains, the colonists created Thanksgiving.”
(Hint? Turns out, it’s propaganda. See why here:)
http://www.salon.com/2015/11/26/rush_limbaughs_true_story_of_thanksgiving_is_a_lie_filled_load_of_stuffing_that_turns_villains_into_victims/
lol@lola
So angry to post something like this at 6 AM on the day after thanksgiving. So Rush Limbaugh read from some book, who cares?
All you have to do is look at the absolute decimation of the lower class poor in this country through great society welfare handouts since the late 60s to know the handout mentality of Bernie doesn’t work.
look at the absolute decimation of the lower class poor in this country through great society welfare handouts
Nope. Trickle-Down ruined us, not welfare. Welfare is because SupplySide failed us. That’s why youz Trumpers send out “The True Story of Thanksgiving” propaganda every year.
Why does the truth make you angry Hey RattonClubberShrimpProxy? You still so angry you’re trying to get a bunch of “liberals” banned? Like Nov 13-14? Enjoy your leftovers.
I’m turned off by Trumps police state stuff. But I can’t help but notice this:
‘dreamer uncle “pie in the sky socialist” Sanders or mean uncle “dark meat is for losers” Trump’
All these Sanders supporters sure spend a lot of time here going after Trump. After all:
‘The Republican establishment is nearing full-blown panic about Donald Trump.’
‘Wilson added that capsizing the businessman’s chances at this point would require a significant financial effort. “It’s going to need a sustained commitment from people who need to understand that if you hand the Republican nomination to Donald Trump, you hand the White House to Hillary Clinton,” he said.’
So if Trump wins and hands the election to the Democrat, you should be happy. And why no focus on playing up Sanders? He’s got a tough road to the nomination. Instead it’s Trump, Trump, Trump, Marsha, Marsha, Marsha. Maybe someone can straighten me out on why these Sanders people aren’t even interested in their candidate?
Instead it’s Trump, Trump, Trump, Marsha, Marsha, Marsha. Maybe someone can straighten me out on why these Sanders people aren’t even interested in their candidate?
I think it’s called avoidance. It’s painful to talk about failures of they have voted for last 7 or 8 years. Hillary & DNC has it pretty much rigged the dem nominee in Hilary’s favor. Why talk about that, right? Obama’s killings do not show a sign of abating. It’s really painful to talk about those. Instead Trump and republican party in general provide an escape for the sad pandas.
So if Trump wins and hands the election to the Democrat, you should be happy.
In that sense I will be “happy” politically. Relieved is a better word. But I’m still very sad that 30% of my fellow Americans really believe in Trumps hate filled and lying message.
IMO, so many people are railing against Trump because this goes way beyond politics.
Trump’s message is an affront to the values of America and democracy itself. It’s a blight on America that’s bringing the Repubs farther into loon-land. That’s not good for Dems nor Repubs.
why these Sanders people aren’t even interested in their candidate?
Unlike touting Hillary, I’ve spoken up for Sanders many times, My ideas are similar to his. Maybe most Dems think he does not stand a chance because of the machine, however it’s Sanders’ ideas that have already lit a long dim fire in the Dem party including Hillary imo.
I personally don’t understand the foam-at-the-mouth gnaw-the-carpet gnash-the-teeth gibbering Trumpophobia hysterics. Way, way over the top.
Besides, anyone who thinks the guy would actually push the button needs to have their heads examined. Clearly, the guy loves life and the finer things, right in your face and out in public. He’s not likely to be happy in some underground cavern. Mutually Assured Destruction is definitely not his thing.
That said, I still get all twitchy at the talk of databases and waterboarding.
Besides, anyone who thinks the guy would actually push the button needs to have their heads examined.
There’s only one man who pushed the button in the history of mankind. He was a democrat. End of discussion.
‘It’s painful to talk about failures of they have voted for last 7 or 8 years’
Like posting a chart showing real wages have stagnated since the 70’s, but brag about how many Democrat presidents there have been since then. Or talk about raising the minimum wage while pushing for amnesty.
Here’s an idea Sanders; peel off some Trump support. Go after Hillary for her war-mongering and globalism. Stand up for workers and speak out against amnesty and the WTO. You do know independents will decide the election, right?
There’s only one man who pushed the button in the history of mankind. He was a democrat. End of discussion
I think I saw that logic on a 3-part bumper sticker in Oklahoma.
Way, way over the top…foam-at-the-mouth gnaw-the-carpet gnash-the-teeth gibbering hysterics.
So you’ve been to a Trump rally?
Clear hatred of Alpha males. Also must keep welfare chains regardless of the cost in human misery. It’s all racial and victim group politics to them anyway. Chains of victimhood. MLK content of character ?
Here’s an interesting article on the Trump phenomenon, although a few months old, that I think helpd to explain some people’s fear of him.
The Political Scene AUGUST 31, 2015 ISSUE
The Fearful and the Frustrated
Donald Trump’s nationalist coalition takes shape—for now.
BY EVAN OSNOS
” [President of the National Policy Institute, a think tank “dedicated to the heritage, identity, and future of European people in the United States and around the world.” ] Spencer told me that he had expected the Presidential campaign to be an “amusing freak show,” but that Trump was “refreshing.” He went on, “Trump, on a gut level, kind of senses that this is about demographics, ultimately. We’re moving into a new America.” He said, “I don’t think Trump is a white nationalist,” but he did believe that Trump reflected “an unconscious vision that white people have—that their grandchildren might be a hated minority in their own country. I think that scares us. They probably aren’t able to articulate it. I think it’s there. I think that, to a great degree, explains the Trump phenomenon. I think he is the one person who can tap into it.”
Jared Taylor, the editor of American Renaissance, a white-nationalist magazine and Web site based in Oakton, Virginia, told me, in regard to Trump, “I’m sure he would repudiate any association with people like me, but his support comes from people who are more like me than he might like to admit.”
On June 28th, twelve days after Trump’s announcement, the Daily Stormer, America’s most popular neo-Nazi news site, endorsed him for President: “Trump is willing to say what most Americans think: it’s time to deport these people.” The Daily Stormer urged white men to “vote for the first time in our lives for the one man who actually represents our interests.”
“Trump, who long ago mastered the behavioral nudges that could herd the public into his casinos and onto his golf courses, looked so playful when he gave out Lindsey Graham’s cell-phone number that it was easy to miss just how malicious a gesture it truly was. It expressed the knowledge that, with a single utterance, he could subject an enemy to that most savage weapon of all: us.
Trump has bequeathed a concoction of celebrity, wealth, and alienation that is more potent than any we’ve seen before. If, as the Republican establishment hopes, the stargazers eventually defect, Trump will be left with the hardest core—the portion of the electorate that is drifting deeper into unreality, with no reconciliation in sight. ♦
http://www.newyorker.com/magazine/2015/08/31/the-fearful-and-the-frustrated
‘when he gave out Lindsey Graham’s cell-phone number that it was easy to miss just how malicious a gesture it truly was’
Top 10 Absurd Quotes by Lindsey Graham
9. “I’m a Verizon customer. I don’t mind Verizon turning over records to the government if the government is going to make sure that they try to match up a known terrorist phone with somebody in the United States. I don’t think you’re talking to the terrorists. I know you’re not. I know I’m not. So we don’t have anything to worry about.”
4. “Free speech is a great idea, but we’re in a war.”
5. He [Rand Paul]’s saying now that he wants this President to tell him that he will not use a drone to kill an American citizen sitting in a café having a cup of coffee, who is not a combatant. I find the question offensive. As much as I disagree with President Obama, as much as I support past presidents, I do not believe that question deserves an answer.”
10. “And when they say, ‘I want my lawyer,’ you tell them, ‘Shut up. You don’t get a lawyer.’” Source: New York Times.
Senator Lindsey Graham is a strong supporter of the National Defense Authorization Act with the indefinite detention language. The controversial law contains a section that grants the president unlimited power to detain an American citizen without charge or trial. The indefinite definition provision is a clear violation of the Constitution. The Sixth Amendment states that the “accused shall enjoy the right to a speedy and public trial” in all criminal prosecutions.
http://www.freedomworks.org/content/top-10-absurd-quotes-lindsey-graham
pushing for amnesty = Lola. The rest is a smokescreen to try to convince you that he supports candidates for reasons other than this. Trump is the only one not for amnesty. Which is why he’ll win. I’d hate to have to support someone like Hills or Bernt who have to lie about their positions on guns and illegals in order to get elected.
Ha ha new yoker. When all fails, you can always count on the good ol racism.
I personally don’t understand the foam-at-the-mouth gnaw-the-carpet gnash-the-teeth gibbering Trumpophobia hysterics.
You don’t understand it because he hasn’t slandered or mocked your demographic yet.
You don’t understand it because he hasn’t slandered or mocked your demographic yet.
How did he slander your demographic?
How did he slander your demographic?
Some of us are capable of perceiving it happening to another demographic, and recognizing that we’ll get the same treatment in time.
“First, they slandered the so-and-so’s, and I said nothing because I wasn’t a so-and-so…”
How did he slander your demographic?
He hasn’t. But I do have empathy for fellow human beings who have been the target of his vitriol.
Slander and mock? You mean like this?
Comment by Ben Jones
2015-11-23 10:15:04
WPA seems to want to comment here, but starts off with a general attack on this blog and most who post here. Hmmm, WPA, why would I pay for you to do that? Why would I spend hours moderating so you can put me and others here down like that? It would be a lot easier and cheaper just to ban you like I have so many other ungrateful a–holes.
Get Bent.
“But I do have empathy for fellow human beings who have been the target of his vitriol.”
How about conservative human beings who have been the target of the IRS?
… but I remain here unbanned. I let that speak for itself.
Not a smidgen
I kinda think the fearful and frustrated must be the Dem left. National security, border security and gun rights seem to be the three issues at the top these days. Whoops. 2nd place to the establishment Rs who fail miserably on border issue.
… but I remain here unbanned. I let that speak for itself.
That has more to do with Ben’s tolerance and restraint than any redeeming qualities on your part, WPA.
Welfare is because SupplySide failed us.
Trickle down/Suuply side got notoriety with the arrival of Ray-Gun.
Welfare handouts started with the new deal and hasn’t really ended.
Shrimpwhat? Huh? I don’t understand this.
look at the absolute decimation of the lower class poor in this country through great society welfare handouts
Ok. I just did. Mathematically, welfare did not bankrupt the middle-class. That’s just a hallow meme. (Like “The True Story of Thanksgiving” meme) What hurt the middle-class was the mal-distribution of wealth. The “Great Society welfare handouts” don’t come close to the massively increased productivity increases in the USA.
The problem is the wealth was not shared fairly. We did not share the wealth in a fair manner. It’s in this chart! (Don’t get mad at me because you don’t like this chart.)
https://thecurrentmoment.files.wordpress.com/2011/08/productivity-and-real-wages.jpg
Confiscate and share all wealth. Thanks Trotsky
“decimation of the lower class poor ”
This could mean either killing the 10% of poor Americans, or reducing poverty by 10%.
Or it could mean it doomed way more than 10 percent to lies of misery dependence poverty and hopelessness. While at the same time trapping more and more souls to multigenerational victim hood prisons. Quite Mighty.
“it doomed way more than 10 percent to lies of misery dependence poverty and hopelessness. While at the same time trapping more and more souls to multigenerational victim hood prisons”
I know. But enough talk about the failed ravages of TrickleDown. It’s Friday.
(I forgot it’s already a 4 day weekend up there.) Even better!
The problem is the wealth was not shared fairly. We did not share the wealth in a fair manner. It’s in this chart!
That chart doesn’t show a lack of wealth-sharing… it shows a massive underpayment of wages. Righties like to complain about wealth redistribution as giving money to the undeserving, which is a reasonable position to take if that’s the proposed fix. Instead the focus should be on paying employees wages commensurate with the increase in productivity. If that happens, the wealth inequality gap begins to close, and nobody got money they didn’t deserve.
That (productivity/wage) chart doesn’t show a lack of wealth-sharing… it shows a massive underpayment of wages.
Wealth-sharing and higher wages are one-and-the-same. And I used the words “share” and “fairly” on purpose. Because those words have been co-opted by the right to have bad economic connotations.
Decades of TrickleDown propaganda has attempted to corrupt the words “share” and “fair” into communistic connotations, however the words “share” and “fair” are also very important concepts in capitalism.
Example:
We all share the roads fairly every day. In health capitalism, productivity gains should be shared more fairly in the form of higher wages.
In healthy capitalism, productivity gains should be shared more fairly in the form of higher wages.
(Than they are currently in the USA and as they were in the past per that productivity/wage chart)
This whole new “winner-take-all,” bastardized USA capitalism is not our daddy’s or granddaddy’s capitalism when it comes to “sharing the wealth”. This is a new TrickleDown experiment that has failed and it didn’t fail because of welfare and food-stamps.
Maybe I’m splitting hairs semantically but I see a difference between taxing wealth and redistributing it to the lower classes via benefit payments versus payment of wages proportionate to productivity. In an economy sputtering due to an excess of supply-side and a shortage of aggregate demand, lifting wages is the right medicine. It would cure a lot of ills.
Seems like several folks here are for more welfare but trying to put it on Reagan when it has been going on since LBJ. Welfare is chains. I’m not that cruel.
Welfare is chains is one of those claims made without any evidence.
Welfare is chains.
We are not experiencing supply side anything. If a subsidy was given to a home grown enterprise that created jobs for Americans, that would be supply side. The subsidy has been given to Wall Street parasites who lend to us at interest and speculate in the necessities of our lives, but do not create enterprise or jobs at home much.
Parasites do not “supply”.
We are not experiencing supply side anything. ….The subsidy has been given to Wall Street parasites
That’s is the USA’s version of SupplySide/TrickleDown. A bad form of it.
If a subsidy was given to a home grown enterprise that created jobs for Americans, that would be supply side.
And that would be a productive form of SupplySide I could live with. When I badmouth SupplySide, it is the USA’s version of TrickleDown of which I speak - not the entire concept.
I’ve said before Brazil needs a form of SupplySide, including the form you just described - but Brazil doesn’t need the USA’s form of it.
The beginning of understanding is calling things by their right name.
The beginning of understanding is calling things by their right name.
OK
Global Warming not “Climate Change”
Scientific consensus not Exxon propaganda
How are supply side economics and global warming the same topic in the socialist’s agenda?
The possible answers are so numerous as to be staggering.
Under any brand, socialists will always do the same thing; control, take and abuse.
Under any brand, socialists will always do the same thing; control, take and abuse.
Let’s turn it all over to the control of the oil company you work for. I’m sure they have our best interests in mind.
You want us all to pay triple for energy. You’re the problem.
Just like “Video killed the radio star” Technology killed the working man.
Politicians I don’t know if they get this ? You are either very smart or very unemployed these days.
New design programs are scary good at doing what a team of engineers, technicians, support staff, etc. would have to do back in the day.
But our undoing will be going too far down this road. You can already see it happening - now we have computers that pretend to have actual phone conversations with people. How does that work for everybody?
It’s getting to the point that I’d gladly pay $5 more per month, just so I can talk to a real person.
I agree with you, but at some point, you still need smart humans (and smart humans WITH common sense, not extremely intelligent humans without a lick of it) to handle certain parts of the process and make everything work well together.
But what do the rest of us do?
to post something like this at 6 AM on the day after thanksgiving.
Because it was about Thanksgiving - and a twisting of Thanksgiving that I get emailed every Thanksgiving.
And it was almost lunchtime my time in Brazil, the day after Thanksgiving. (Sorry if I ruined your breakfast)
(And I get questioned if I post “too late” or “too early” anyway. )
I used to read salon dot com as far back as the late 1990’s, they used to publish columns by people like Camille Paglia and David Horowitz.
You could take any salon article from 2015, exchange the word Republican for Democrat and replace the names of any Republicans with Democrat names, and it would be indistinguishable from Breitbart dot com.
Salon dot com is just social justice warrior scripted outrage trash now.
Salon dot com is just social justice warrior scripted outrage trash now..and it would be indistinguishable from Breitbart.
You should argue the facts presented, not who presented it. Otherwise you really have no argument but rather a fallacy.
A Genetic Fallacy is a line of “reasoning” in which a perceived defect in the origin of a claim or thing is taken to be evidence that discredits the claim or thing itself. It is also a line of reasoning in which the origin of a claim or thing is taken to be evidence for the claim or thing.
s, and it would be indistinguishable from Breitbart dot com.
But you post stuff from Breitbart all the time.
And the New York Times and Huffington Post.
There is no one on this HBB that analyzes American political media better than me, question that and you’re bringing a knife to a gunfight.
But you don’t necessarily post stuff from Breitbart to expose its political bias. You often post it to prove a point.
There is no one on this HBB that analyzes American political media better than me,
You sound like Trump but you’re wrong. I often see biased induced inconsistencies in your arguments and media presentation.
Example:
You’ve bashed minor-league, Black “race-hustlers” for years -posed many articles on it, but yet you now tout Trump, a much more influential and potentially dangerous race hustler. That is not a non-biased portrayal of American politics or media.
question that and you’re bringing a knife to a gunfight
I just questioned it. And I brought a gun.
I dissect Breitbart dot com, free of charge, as a service to HBB readers. Their reporting on race relations and political correctness culture in media and academia is unparalleled in other American media.
That said, they are infected with the taint of neocon ideology when it comes to foreign policy, and I accept and understand that. Much like how I can read the Arts and Style sections of the New York Times without agreeing with its editorial page.
I’m not just the blackest white person on HBB, I’m smarter and better read than you are.
, I’m smarter and better read than you are.
If you say so. I do find it interesting watching you pretend to be Hunter S. Thompson.
Oh bog. I am an equal opportunity hater of all the candidates on all sides. They all want to rule. Power always corrupts.
Anyone who didn’t notice by now that Limbaugh is a turkey filled with stuffing hasn’t been paying attention.
Isn’t this recovery kind of a fantasy if its based on grossly overvalued stocks and homes?
Is there any value out there?
Value to mean is can the asset stand up to an economic decline and still be able to be sold for close to what you paid for it.
Speculation is just hoping the markets keep going up and you can hand off to someone else. If the market changes direction you are stuck with a grossly overvalued POS.
I’m sitting here looking at all asset classes and the only thing resembling anything close to value are commodities.
Any other value plays?
Commodities are tied to oil, everything from fertilizer for livestock feed to gasoline for mining equipment, and oil to ship all of it somewhere. So I guess even commodities are dicey. Even without oil, commodities are “needs” which have guaranteed demand and therefore attract speculators in their own right.
It is all based on borrowing money at ZIRP or less. Corporate profits, government, housing, the stock market, it’s all being propped up by viagra.
The Fed’s QE-to-Infinity meth, you mean.
true
Fix a debt problem with more debt seems kind of short minded doesnt it?
Seems like a bigger house of cards than last time.
Now it seems like its the PPT’s job to not let stocks and home prices fall.
I’m sitting here looking at all asset classes and the only thing resembling anything close to value are commodities.
Agricultural commodities are especially interesting at these levels and people need to eat before they need to build buildings.
On a regional level, Brazil is getting hammered by droughts which is affecting crops.
Scientists say it’s because deforestation of the Amazon has affected rain patterns but “I’m not a scientist” so It’s probably a plot to sell more garden hoses. lol
Ready to rumble for black & blue Friday?
http://www.zerohedge.com/news/2015-11-27/videos-are-us-shoppers-go-wild-beat-each-other-celebrate-black-friday-sales
Lol, just took a gander at those vids. Sheesh, what can you say? My fave shot was the woman spreadeagled over a pile of fallen boxes of? whatever it was.
Ready to rumble for black & blue Friday?
I’m sorry to say that Brazil now has a “Black Friday”. Yep. It’s true. They don’t have the “Thanksgiving” yesterday but they “Celebrate” USA’s Black Friday thing today. (but not as religiously as in America)
Up at 6 am east cost time and posting from Brazil on Black Friday. Yeah that makes sense.
That would be 9 AM in Rio
Apparently Britain has also adopted our Black Friday free-for-alls, without any pre-sale Thanksgiving nonsense.
Marketers don’t need no stinking holidays to make us act like fools.
I didn’t visit my parents for Thanksgiving this year, instead I went with some friends to a higher end chain restaurant. They are thrifty so of course they pull out the internet coupon for free desert and salad bar, and use costco purchased gift cards that have also save $40. The one guys sister is a bit of a shopper I guess. Restaurant is attached to a mall, so walk into the mall. It was pretty busy. Certain stores were closed but it was wild and perhaps disappointing how many were open. Like who shops for luggage at a luggage store?
So ended up going to Best Buy, Target, Walmart afterwards since I was tagging along. Crowds were pretty thick. Others bought a few small items, discounted video game parts that they play and such. I was checking prices on TVs, but my specific feature set and price point (VGA, VESA, $299 for near 50″) wasn’t being met except by Best Buy and I only saw 1 TV in stock at the price. Went home, looked it up online, sold out online. Best Buy felt way busy but the store has tight isles.
There were no fights, no huge lines, and the deals weren’t crazy. I saw a lot of TVs in carts, but they’re so cheap now I don’t really think much of it. Some game systems that friends said were pretty well priced, I don’t know I don’t mess with the modern stuff I’m mostly arcades and pinballs.
Interestingly, Sams club had JVC 50″ TVs with analog VGA and VESA mounts for $299! Score! No RS232 port for automation integration - oh well. So I went ahead and ordered 8 of them. $2530 or so. Not for me, it’s for a non-profit music and gaming fest I help with. I bought nothing for myself.
Some holiday shoppers are certifiably insane.
Does anyone know what food bank ABQ Dan is frequenting these days? I’d like to print this article and hand it to him.
http://www.zerohedge.com/news/2015-11-27/china-unleashes-perfect-storm-bad-news-prompting-stock-market-plunge
He dead?
he went to china to invest.
..where he was promptly made into sweet and sour pork and devoured.
He’s not dead, but his portfolio is.
When I have time these days, I sometimes come back here to see whether ABQ Dan manned up to being wrong and stuck around or not. It seems he ran off. I’m sure he’ll claim he was super-duper-busy starting right around the time all his inane predictions fell apart.
I don’t see what the big deal is admitting when you are wrong. Especially on an anonymous forum, it is a good opportunity to revise your thinking.
Downlow Joe has entered the building.
Happy thanksgiving man. Time for you to hit the slopes, I’m guessing. I can’t really travel with a son due later this winter, so I’ve been working out and reading through a big stack of books.
Downlow Joe, this year I will be skiing at Loveland, Arapahoe Basin, Winter Park, Monarch, Crested Butte, Wolf Creek, and Taos, NM. This in addition to backcountry skiing in Rocky Mountain National Park and the thousands and thousands of acres of National Forest. Last season I skied off the summits of two 14ers.
People with mortgages can’t ever do that.
I feel bad for your kid and the sh*tty world that they’ll get to live in, not that I actually care about making it a better place for him. Good luck with all that.
Liberace!
My kid’s going to be able to do (nearly) whatever he wants in life. I’m not sure why you’d feel bad for him? Pretty sure he’ll be able to do everything you just mentioned, if it’s what he wants to do. The climate is just not changing *that* fast. Even if it does, perhaps he’ll just go sailing around the Carib? Unless he develops a massive heroin addiction, he’s never going to want for anything in life.
Doubtful Lib. Doubtful.
“When I have time these days, I sometimes come back here to see whether ABQ Dan manned up to being wrong and stuck around or not.”
What would be the point? Standing up and “taking your punishment like a man” is vastly overrated. At least, for those taking the punishment.:-)
“Good opportunity to revise your thinking”.
This is what credible adults do. It shows that you’re able to adapt and keep contributing in a discussion rather than hold tight or double-down on ill-conceived positions. ABQ Dan’s “thing” was always confusing his narrative with absolute truth. (2Ban, MacBeth, Rio do this as well, in different ways.)
What Dan missed is, you can think that Obama has mostly been a failure WITHOUT thinking that Romney was going to win. You can think that America has some serious issues WITHOUT thinking that Putin is going to take us down or China is going to take over economically and militarily. You can think that humans contribute somewhat to global warming (bc methane/N2O/halocarbons/CO2 do absorb infrared) without thinking we should stop burning all oil and gas. Dan was (is) extremely all-or-nothing in his views.
Confusing his narrative with absolute truth. (2Ban, MacBeth, Rio do this as well, in different ways.)
Not me. I don’t think you’re paying attention to what I write. Give me an example where I confuse narrative with absolute truth. The only thing close to absolute truths I speak of is on the noble concepts on the higher goals of race relations.
Unlike many, I often speak of gray areas, compromise and the reality of the possibilities vs absolute truths.
I speak in much more complexity than “absolute truths”.
So again. Please give me some examples where I confuse narrative with absolute truth. I doubt you have any.
Dan was (is) extremely all-or-nothing in his views.
Yes, he was a master and regular user of the straw man.
joe smith, Please give me some examples where I confuse narrative with absolute truth.
Crickets. I rest my case.
I think you say you’re a lawyer but I don’t think you’re a trial lawyer joe smith.
Congrats on the kid!
I expect his return once the election heats up next year and Rasmussen makes a call.
B…b…but Goldman Sachs “analysts” said China was in recovery….
http://www.businessinsider.com/shanghai-composite-crash-nov-27-2015-11
Enjoy that cheap oil while it lasts. Saudi Arabia pumps most of its oil out of provinces that are heavily Shia (and marginalized by the Wahhabi Sunni fundamentalists that rule the House of Saud. What could possibly go wrong?
http://www.independent.co.uk/news/world/middle-east/saudi-arabia-executions-kingdom-to-behead-50-men-convicted-of-terrorism-offences-despite-threat-of-a6750631.html
That’s one part of the world I have no desire to visit (Saudi Arabia, Syria, Iran, Iraq and environs).
No need for you to go there, when all of them are headed here.
Pineapples, report to your nearest barber shop to get compliant with the Dear Leader’s orders. Love the way you collectivists roll….
http://www.telegraph.co.uk/news/worldnews/asia/northkorea/12017870/North-Koreans-ordered-to-copy-Kim-Jong-uns-ambitious-hair-style.html
The oligarchs are getting nervous about Trump and Cruz. It’s SO much easier to loot the 99% when you have a pliant puppet like Obama or HillaryJeb.
http://www.businessinsider.com/michael-bloomberg-ted-cruz-climate-change-2015-11
The guy married to a Goldman Sachs director is going to stop the looting?
Or the guy who sells overpriced condos to suckers?
Cruz is definitely an insider, just of a different type. And his wife wears the pants in their relationship. I wonder what the base will think when they find that out. He also has some deep-seated views on “less educated” Americans (which is 99.5% of America to him) which will come out. Wonder what the base will think of that.
Despite his flaws, I like Trump the best of the crop. It’s been an eye opener how much better you look when you consistently say what you think rather than sneak around. It took me a while to figure out what bothered me about Mittens; it was his giving secret messages to wealthy donors, to religious groups, to Tea People, etc. McCain did the same thing in 08 and set the trend for the GOP we’re still seeing today… other than Trump/Carson.
Of course, Mittens and McCain did get the nomination and Trump hasn’t yet, but at least he’s not making coded pleas to these groups.
Unrelated: Who are the people who support Rand Paul? This guy’s “ideology” is so inconsistent it induces sea sickness. He’s a very, very, very poor-man’s version of his father.
The current republican party and voters are more closer to democrats than libertarians. Pauls have no chance in this party.
Rand Paul would have performed better had he not shown a proclivity for selling out, i.e. by endorsing the corporate statist Mitt Romney or sucking up to AIPAC.
Downlow Joe, I supported him in May-June because he was the only one on the stage, with a microphone, and a national audience, saying that the NSA should not spy on American citizens.
Despite what the lefty HBB’ers may think, I do not support Donald Trump. I may or may not vote in the Republican caucus, and I will probably vote for the libertarian candidate in the general election.
I never thought he’d follow through on that, though. Rand is solidly in the war fighting wing of the GOP. He only pretends not to be.
He’s a very, very, very poor-man’s version of his father.
His father had a better opportunity to “throw a monkey wrench in the works” than any other pol of recent times, and yet he chose not to.
Something to ponder.
I bet he didn’t do it for his son’s career in the war party.
Ted Cruz has taken $38 mil of outside money so far; that’s more than Hillary. Sounds like puppetry to me. That said, none of this really matters until after the primaries. I am curious to see whether Trump will continue his ravings if the gets the nomination.
Ted Cruz leaves a slime trail, just like Marco Rubio.
Rubio and Cruz both are laughable.
Trump still wins by default.
Going to be an interesting winter/spring. I don’t follow things closely, but I won’t be able to help checking out who wins NH, Iowa, etc.
World Net Daily rallies the base with two articles titled:
“How chemistry influenced birth of modern Israel” and
“Obama’s latest excuse for not bombing ISIS”
No smaller government or less regulations or lower taxes happening here.
Christian Zionism is morally indistinguishable from ISIS, they are both apocalyptic death cults, except that here in the U.S. they have a $600 billion a year war machine, controlled by a Congress that is elected by people who believe that the Earth is 6000 years old.
You can’t be a Christian and a neocon you f*ing hypocrites.
You are truly dumb if you think Zionism is the same as ISIS. So tell me, then, when was the latest Radical Jewish terrorist attack?
Does it seem like oil and Chinese stocks are perpetually bad investment choices?
Marketwatch dot com
U.S. stocks: Energy shares hit by falling oil prices
By Anora Mahmudova and Carla Mozee
Published: Nov 27, 2015 10:18 a.m. ET
Friday’s a short trading day; Target upbeat on Black Friday
AFP/Getty Images
U.S. stocks switched between small gains and losses on Friday with the S&P 500 and Dow Jones Industrial Average on track to end the holiday-shortened week with modest weekly losses.
Energy stocks fell alongside oil prices, while Walt Disney Co. (DIS, -3.84%) shares fell 2.2% after the media giant said in a regulatory filing that its ESPN sports network lost 3 million subscribers within one year.
The New York Stock Exchange and the Nasdaq will close at 1 p.m. Eastern Time, while the Securities Industry and Financial Markets Association is recommending a 2 p.m. Eastern closure for the bond market.
“The sideways trade is not surprising as the stock market is fatigued with the news of slowing emerging markets and geopolitical threats flaring up around the world,” said Ryan Larson, head of equity trading at RBC Global Asset Management.
…
U.S. investors seemed largely unrattled by a rout on the Shanghai Composite Index (SHCOMP, -5.48%) Friday, which came after Chinese stock regulators launched investigations into two major Chinese brokerages over suspected violations of securities rules.
…
when is it profitable for wall street to turn on mom and pop and tank the market and force them into a panic and get their stuff cheap?
I guess it all depends on how long your investment time horizon is.
If you picked up XLE in 2002 and held onto it, and continue to hold, then you’ve done alright.
If you picked it up when oil was at a peak, then you”re probably not so happy.
Let me ask you this, PB - where would you currently invest your incremental investment dollar if you planned on a holding period of 10 years or more?
I’m not going to share my own investing ideas here, in part because I don’t claim to have a crystal ball like some of our more illustrious posters have suggested they own.
However, I will mention that my mom’s dad bought oil stocks during the Great Depression, which helped keep my grandmother financially solvent during the 40 years over which she outlived him.
However, I will mention that my mom’s dad bought oil stocks during the Great Depression,
Similar story here, PB: my mother’s grandfather bought stocks (heard it was mostly blue-chips, including Coca-cola) during the GD, and was long survived by his wife, who lived comfortably for all of her years (and gave generously to my mother’s family, including paying for her schooling).
It pays to have the courage to buy when others are panicking.
Deep mystery: How can oil perpetually fall towards $40/bbl, yet never drop below $40/bbl?
Oil prices fall more than 3% as dollar and oversupply continue to weigh
Published: Nov 27, 2015 2:04 p.m. ET
Middle East tensions are not affecting oil supply yet
AFP/Getty Images
By Jenny W. Hsu and Georgi Kantchev
Oil prices settled sharply lower Friday, pressured by a stronger dollar and the global oversupply of crude still clouding the outlook for the industry.
Weak industrial data from China and a regulatory crackdown on Chinese stockbrokers also put pressure on the commodity, as fears about oil demand resurfaced.
On the New York Mercantile Exchange, West Texas Intermediate futures (CLF6, -2.95%) fell $1.27, or 3.2% to $41.71 a barrel.
Brent crude (LCOF6, -1.30%) the international oil benchmark, finished 1.6% lower at $45.46 a barrel on London’s ICE Futures Exchange. Trading volumes were thinner than usual as most financial markets were open for half a day.
The dollar strengthened on Friday and pressured commodities such as oil, which are priced in the U.S. currency. The ICE Dollar Index (DXY, +0.19%) which tracks the dollar against a basket of rival currencies, rose 0.2% to above 100 by midday Friday.
Geopolitical tensions after Turkey shot down a Russian jet along the Syrian border pushed prices up this week, but there is little indication so far the turmoil in the Middle East is affecting oil supply.
Over the week, WTI futures were down 0.6%.
“The potential increase in geopolitical risk premium has faded a bit as the dispute between Russia and Turkey has not yet escalated or spread to the surrounding countries, affecting oil output,” said Michael Poulsen, oil analyst at Global Risk Management.
…
Deep mystery: How can oil perpetually fall towards $40/bbl, yet never drop below $40/bbl?
The same way as “housing is cratering” yet two of my coworkers recently sold their houses in 1 day at their asking price?
Markets Commodities Oil Markets
Oil Prices Pressured By Stronger Dollar, Global Oversupply of Crude
There is little indication so far that the turmoil in the Middle East is affecting oil output
By Timothy Puko and Georgi Kantchev
Updated Nov. 27, 2015 2:33 p.m. ET
Oil prices fell Friday, pressured by a stronger dollar and growing pessimism that the global oversupply of crude remains strong.
January crude closed down $1.33, or 3.1%, to $41.71 a barrel on the New York Mercantile Exchange. Brent, the global benchmark, fell 60 cents, or 1.3%, to $44.86 a barrel on ICE Futures Europe.
The dollar strengthened Friday and pressured commodities such as oil, which are priced in the U.S. currency. The Wall Street Journal Dollar Index, which tracks the dollar against a basket of other currencies, rose 0.3% Friday.
But brokers and analysts also see fading demand growth, a troubling sign for prices in a world where production and stockpiles are still high.
Gasoline merely matches demand at this time last year, and distillate demand is lower, said Donald Morton, senior vice president at Herbert J. Sims & Co., but stockpiles are still filling up with new production.
“This oil market is just not tightening,” Wolfe Research analysts said in a note Friday. “Nothing really bullish is out there.”
The Wolfe analysts said they are concerned their bearish forecast for U.S. oil at $58 a barrel in 2016 is too high. Bankruptcies and major cuts to supply are not happening fast enough to turn the oil markets around, they said.
News from the Organization of the Petroleum Exporting Countries is not helping either. News agencies reported Friday that Russia will not send high-ranking officials to OPEC’s coming meeting, adding to Friday’s selloff, Mr. Morton said. Without cooperation from other major exporters, OPEC is unlikely to curtail its own strong production, which would be another factor perpetuating the oversupply.
…
If Trump is elected president, do we follow his lead and start mocking the disabled? Will they be fair game now? It won’t be easy to go down that road as we all learned in 3rd grade that making fun of the disabled is uncool. It’s not easy to unlearn something learned at a young age.
This is interesting, and a bit scary:
http://www.politico.com/story/2015/11/donald-trump-rough-rallies-216171
I don’t believe this country has a future worth looking forward to.
Voting is for vegetables.
From the article:
“While Black Lives Matter protesters have interrupted several events for Hillary Clinton and Bernie Sanders — Democratic candidates who claim to be more sympathetic to their cause — Trump is the only Republican candidate they have regularly targeted to date.”
Hmm, is Black Lives Matter really a creation of the GOP establishment Dept. of Dirty Tricks? Sure would be a good vote-getter!
Eric Garner was murdered by the NYPD.
Michael Brown was a thug who stole from and assaulted a convenience store clerk, and was trying to assault a cop when he got shot.
Social justice warriors fail to make any distinction between these events, because it doesn’t script the narrative.
Social justice warriors fail to make any distinction between (Michael Brown with Eric Garner)
(BLM) is not a movement about just those 2 instances. That some equate Michael Brown with Eric Garner does nothing to negate the fact that Blacks are victims of deadly institutionalized racism - and have been for centuries.
So protesters conflate 2 instances out of thousands?
Really. In the big picture, so what? Like that negates the bigger issue?
the bigger issue
Black voters vote 90% plus for the Democrat Party.
70% of black children in America are born out of wedlock.
Social justice warriors never demand accountability from the black fathers who get these women pregnant and do not participate in their children’s lives. It’s easier for them to just blame whitey for everything, because racism.
the bigger issue…..Social justice warriors never demand accountability from the black fathers
Sure they do. Maybe not enough but they do. But that does not mean Blacks are not justified in protesting being killed by cops. That’s all I’m saying.
It’s easier for them to just blame whitey for everything, because racism.
Not everything, but it’s totally justified to blame whitey on centuries of institutionalized racism. And it’s not whitey’s place to discount BLM because whitey thinks Blacks should be protesting about something else.
There will always be “something else”, however, BLM is a legit issue to protest no matter what other problems Black’s face or you think they should be addressing.
BLM = legit? MLK would be rolling over.
BLM = legit? MLK would be rolling over.??
No. MLK would be right there with the BLM movement. It’s American history part of which MLK inspired.
“Dr. King spoke of police brutality in many of his speeches, the issue gaining weight and momentum as the Civil Rights Movement progressed. Most famously during the Birmingham campaign of 1963–64 and during the Selma to Montgomery marches of 1965, participants in the movement had numerous incidents with police brutality..” genius dot com
“We can never be satisfied as long as the Negro is the victim of the unspeakable horrors of police brutality.”
MLK, “I Have a Dream Speech”
No, he’d be ashamed that all they want is to be judged based on the color of their skin. Ashamed.
he’d be ashamed that all they want is to be judged based on the color of their skin.
“We can never be satisfied as long as the Negro is the victim of the unspeakable horrors of police brutality.”
MLK,
On the police brutality issue, MLK said the above because blacks were (and still are) being judged by the color of their skin by the cops.
How do blacks not wanting to be CopShot just because their black mean that blacks want to be judged based on the color of their skin? It means the opposite.
Many on the right want to co-opt MLK’s “blacks should be judged by the content of their character” part of his speech to mean that there is no prejudice anymore. That’s not what MLK was talking about. He was talking about the opposite - that there still is prejudice and there should not be.
MLK wanted a colorblind society where character controlled not destruction of families and dependency and whining college kids, COLLEGE kids, with lists of unrealistic demands based on racial preference and the naïveté of youth and privilege.
rio the most radical positron to take today IS judging black people on the content of character, and trayvon mike brown eric all failed in that regard…..
i stated we dont have a race problem in america but we sure do have a functional illiteracy one
also 98% of the people cops shoot either have a criminal record or are in the process of committing a felony…..it is extremely rare for a cop to shoot a law abiding black man
MLK wanted a colorblind society where character controlled not destruction of families and dependency and whining college kids, COLLEGE kids, with lists of unrealistic demands based on racial preference and the naïveté of youth and privilege.
But again, even acknowledging your valid points, none of the above addresses BLM’s protest of blacks being shot by cops.
It’s just a hodgepodge list of unrelated gripes that deflect from BLM’s protesting about blacks getting shot by cops. MLK would approve of peaceful protest against blacks getting shot by cops. MLK even said so. It can’t be more plain imo.
“We can never be satisfied as long as the Negro is the victim of the unspeakable horrors of police brutality.”
MLK,
…it is extremely rare for a cop to shoot a law abiding black man.
If that point was ever mentioned in the endless NPR reports regarding police shooting unarmed black men, I certainly did miss it.
Police harassing the law abiding isn’t even in the top 10, probably not even top 20 of problems for poor folks. Police shooting of the law abiding isn’t in the top 50.
Is it because adderall’s effect wear off as you get older?
Silicon Valley professionals ‘micro-dosing’ LSD to ‘increase productivity’…
This is three years old, but I am 99% sure these false flags are continually ing.
http://www.nytimes.com/2012/04/29/opinion/sunday/terrorist-plots-helped-along-by-the-fbi.html?_r=0
Rallying the base
Google News links to an article about arsonists destroying a Christian television station in Pakistan.
Organized religion is garbage, if you can’t develop your own sense of spirituality (or total lack thereof) without books and laws and buildings and congregations, you’re not that intelligent.
Art and architecture are the only good things from religion, the rest of it is rubbish.
The music is pretty good…
Black gospel music from the American South, particularly the Mississippi Delta, spawned an incalculable number of derivative music forms/genres in the past century that are worth listening to. The Goon does not care for the rest of it.
I was referring to centuries’ old classical works on the calibre of Bach, Handel, Mozart. The Messiah alone can arguably cancels out the entire “country” genre post-achy-breaky-heart.
Naughty pastor’s daughters are pretty awesome.
I’d like to see an analysis of Obama’s popularity ratings. I can’t remember a lame duck president enjoying so much popularity so late in his second term.
Did Obama get treated with kit gloves?
Or “gasp” is he more ethical than most?
Or ‘gasp’ will the truth someday be known?
I liken it to republicans support of iraq war. You still find majority of republicans claiming the was a right thing to do even with every evidence contrary to it.
To much emotional investment IMO and the their heads would explode if they accepted the truth. So they are never going to.
Most people are just incapable of learning.
I’d like to see an analysis of Obama’s popularity ratings. I can’t remember a lame duck president enjoying so much popularity so late in his second term.
The polls show that more people disapprove of his job performance than approve of it.
http://pollingreport.com/obama_job.htm
Fortunately he is going to make gun control his big issue next year. That ought to cause that approval to skyrocket!
Rallying the base
William Kristol has an article on the Weekly Standard titled “Obama has turned U.S. into spectator as the world spins out of control”
Neocons gonna neocon. And it won’t be William Kristol’s children and grandchildren fighting and dying for this new neocon war. It will be poor blacks, poor browns, and poor white trash (many of whom are from the South and consider themselves Christian) who get to fight and die.
And all they’ll ever be in William Kristol’s eyes are dumb f*ing goyim.
I’m happy to watch from the cheap seats.
Since Obama compared himself to Aaron Rodgers looking downfield, not getting knocked down or flustered by what’s around him, Aaron Rodgers has turned into Obama.
Not looking downfield, getting flustered by what’s around him, knocked down by his opponents, making bad decisions and losing four of five times.
Posted by Josh Alper on November 27, 2015, 7:00 AM EST
There were two major topics of conversation for Packers quarterback Aaron Rodgers after Thursday’s 17-13 loss to the Bears at Lambeau Field.
The other big topic wasn’t a laughing matter, either. It was the state of a passing game that hasn’t been firing at a high level for several weeks as the Packers have dropped four of five games.
profootballtalk.nbcsports.com/…/ - 225k -
Aaron Rodgers flattered Barack Obama spoke glowingly about him
11/19/2015 -
Rob Demovsky, ESPN Staff Writer
How does President Obama see himself on the job? Like Aaron Rodgers in the pocket with defenders trying to knock him down.
In an interview with GQ Magazine, Obama compared himself to the Green Bay Packers quarterback.
“In the sense of you can’t be distracted by what’s around you, you’ve got to be looking downfield,” Obama told interviewer Bill Simmons. “And I think that’s a quality that I have — not getting flustered in what’s around me. So there was never a point, even early on — even in the first six months, where we weren’t sure whether we were going to dip into another Great Depression, we weren’t sure whether the steps we were taking on rescuing the auto industry or stabilizing the financial system were going to work — there weren’t moments where I thought, ‘Sheesh, feels like we’re in over our head.’”
To be sure, the interview was conducted on Oct. 5 — well before the Packers and Rodgers lost three straight games.
espn.go.com/…/president-barack-obama-compares-green-bay-packers-qb-aaron-rodgers - 362k -
If those fetuses had been armed, this tragedy cold have been avoided:
http://www.msnbc.com/msnbc/report-active-shooter-near-planned-parenthood-colorado-springs
Guns, God, and Mental Illness. Shotgun Jesus is smiling down.
If people use birth control responsibly then there won’t be any abortions.
Shotgun Jesus hates birth control too.
Got all your facts straight Russy?
No facts have come in yet, but it’s as easy to call as the muslim whackjobs shooting up Paris was. I know calling it before the newsmonkeys in either instance wasn’t PC.
If those fetuses had been armed, this tragedy cold have been avoided:
Not cool to make light of a tragic situation. Obviously the shooter is deranged and has an assault rifle - that’s never a good situation, nor one that should be allowed if the warning signs indicate someone is potentially dangerous to themselves or others.
The NRA begs to differ on that last point.
CNN Newsroom - SNL very funny and too true
https://www.youtube.com/watch?v=i9qblOghuKk
Why millions of Syrians have no option but to seek a new life elsewhere.
http://www.zerohedge.com/news/2015-11-27/death-damascus-images-syrias-war-torn-capital
is the dollar gonna crater once people realize uncle fed isnt gonna raise rates for a real long time?
Howdy do. I’m a lurker on HBB from the dark days of the great bubble. I just came across this article - it’s from yesterday, so pardon if it’s already been posted here - about auctions for Detroit houses, and some community bank loans for renovations (which would be extensive in most cases).
https://www.washingtonpost.com/realestate/detroit-tries-unconventional-approach-to-restoring-its-housing-market/2015/11/26/a98db95a-7670-11e5-b9c1-f03c48c96ac2_story.html
I live in Los Angeles and I’m eager to have a house, whether I rent or own, doesn’t matter. Just as long as it is not $1 million for a 400 sq ft piece of crap and so I don’t have to share walls and ceilings with strangers.
Detroit is a city I’ve never lived in, but I’m from the Great Lakes region. I know some of the abandoned housing stock in Detroit has “good bones” and some of the neighborhoods MAY come back. I’m a writer, and I can work anywhere. And it would be nice to be back in the midwest, nearer my family. I’ve talked to some other writer/artists friends here who don’t like the idea of living in tiny apartments for the rest of their lives, and discussed being homesteaders in Detroit. The conversation stops when we realize that it’s a big, big gamble.
Does anyone have some insight into what’s not brought up in this rosy-sounding article? Like the high property taxes in Detroit? Other ways the house could become a trap? Ideas for more hospitable cities to be homesteaders in? The article makes it seem almost too good to be true. Danke.
“Does anyone have some insight into what’s not brought up in this rosy-sounding article?”
Black lives matter?
Detroit is still in huge trouble - the only real way that the city can survive is if it dramatically shrinks its geographical boundaries. There are not enough taxpaying occupants within the city limits proper to ever come close to pay for maintaining, much less any capital improvements of, the existing infrastructure.
Plus, in a lot of neighborhoods, your own neighbors will steal from you once they learn your schedule and know when you will be away from home. And the cops show up hours after the shooting is over.
There is a reason why homes are so cheap there (well actually a whole long list). I lived in Flint (AKA Little Detroit) during college. It’s just plain depressing to watch those places slowly die.
“Plus, in a lot of neighborhoods, your own neighbors will steal from you once they learn your schedule and know when you will be away from home.”
You are reminding me of why my (white) friends who used to live in Ferguson left. One of them eventually got divorced, as his wife became mentally disturbed after their (black) neighbors robbed them. The experience destroyed their family life.
White lives matter, too!
Despite my serious misgivings about Trump, this is all the reason I need to vote for him: he has the oligarchs and their Establishment GOP puppets in a state of panic.
http://thehill.com/homenews/campaign/261252-gop-in-panic-over-trump
March with the mouthbreathers.
Comrade Pelosi’s permanent Democrat Supermajority project is coming along nicely. Forward, Soviet!
http://www.newsobserver.com/latest-news/article46680845.html
The Democrat base’s tradition of electing corrupt scumbags continues…the Pineapples will no doubt trot out some rationalization for such sleaze.
http://theantimedia.org/dirty-connecticut-mayor-sentenced-to-prison-for-corruption-reelected-in-landslide/
It turns out that broke people with no savings or disposable income don’t spend much. Who’d've thunk?
Need…mo…credik!
Thanksgiving shopping at stores ‘was a bust’
Published: Nov 27, 2015 11:09 a.m. ET
SunTrust analysts said channel checks showed slow traffic on Thanksgiving and early on Black Friday
Shoppers in New Jersey look over Black Friday sales.
By Tonya Garcia
Reporter
Traffic at stores declined on Thanksgiving Day and into the wee hours of Black Friday analysts say, though executives at major retailers were pleased with the turnout.
“We believe Thanksgiving shopping was a bust,” said analysts at SunTrust Robinson Humphrey in a note. They conducted channel checks in the New York metro area, New England and the Southeast region starting on Thanksgiving Day and throughout the night into Black Friday.
SunTrust said specialty retail and apparel team members who went to malls “had no problem finding parking or navigating stores” and “there seemed to be more browsing than buying and less items purchased.”
…
Live your life that the fear of death can never enter your heart.
Trouble no one about his religion.
Respect others in their views and demand that they respect yours.
Love your life, perfect your life, beautify all things in your life.
Seek to make your life long and of service to your people.
Prepare a noble death song for the day when you go over the great divide.
Always give a word or sign of salute when meeting or passing a friend,
or even a stranger, if in a lonely place.
Show respect to all people, but grovel to none.
When you rise in the morning, give thanks for the light,
for your life, for your strength.
Give thanks for your food and for the joy of living.
If you see no reason to give thanks, the fault lies in yourself.
Abuse no one and no thing, for abuse turns the wise ones to fools
and robs the spirit of its vision.
When your time comes to die,
be not like those whose hearts are filled with fear of death,
so that when their time comes they weep and pray for a little more time
to live their lives over again in a different way.
Sing your death song, and die like a hero going home.
– Tecumseh
(1768-1813) Shawnee Chief
Junk bond yields are soaring — and the Fed hasn’t raised rates yet
Published: Nov 25, 2015 2:49 p.m. ET
The riskiest junk bonds’ yields have almost doubled in a year
Yields have surged as investors shun risk
By Ciara Linnane
Corporate news editor
Barbara Kollmeyer
Markets reporter
Is there trouble brewing in the junk-bond market?
Blogger Wolf Richter of Wolf Street certainly thinks so, as he illustrates in the chart below showing how yields at the low end of the junk bond spectrum have surged to more than 15% this year from an average of 8% in mid-2014.
What’s driving the trend is growing risk aversion as the credit cycle comes to an end and the Federal Reserve gets ready for its first interest-rate increase since 2006.
“Finally seeing some of the risks, investors are transitioning from loosy-goosy, everything-goes — a formula the Fed has espoused since 2008 through its destruction of yield — to a sense of caution or even foreboding. And they’re beginning to pull back,” Richter wrote Friday in his blog.
At first, junk-rated energy, mining and metals companies took the brunt of the selling, but in the last two months it has spread to other sectors, such as retail, pharma and media. And that has made portfolio managers nervous, said Richter.
The least risky junk bonds — those rated in the BB category — have held up relative to the lower end of the curve. Their average effective yield has risen to 5.85% from about 4.3% in mid-2014, according to the Bank of America Merrill Lynch U.S. High Yield Index.
But as risk aversion builds steam, spreads are widening in that part of the curve, too, according to Marty Fridson, chief investment officer at wealth manager Lehmann Livian Fridson Advisors LLC.
The option adjusted spread between the B. of A. Merrill Lynch BB U.S. High Yield Index and the B. of A. Merrill Lynch B U.S. High Yield Index has reached its widest point since the end of the Great Recession, Fridson wrote in a report published by LCD. The spread stood at 250 basis points on Tuesday, compared with an average of 160 basis points in the period from June 30, 2009, to now.
“High-yield portfolio managers are seeking to minimize sudden, multi-point losses by huddling at the top range of quality,” said Fridson. “The BB sector has become a crowded trade.”
…
‘Meanwhile, there is feverish mergers-and-acquisitions activity as companies and the banks that advise them rush to get in before the window closes — when stock and bond markets deteriorate and make it harder to raise capital.’
THere may be trouble ahead.
https://www.youtube.com/watch?v=dMuKRbJa3O8
Pity I can’t dance, can you bear are you a dancing bear?
California Developer Arrested On Assault Charges
http://calcoastnews.com/2015/11/prominent-slo-county-developer-arrested-on-assault-charges/
This puke outfit is already on the carpet for ripping off sub-contractors.