December 1, 2015

Bits Bucket for December 1, 2015

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Comment by Professor Bear
2015-12-01 01:33:02

Do you plan to take in the new movie about Hillary’s and Barack’s home town?

Comment by Iceberg
2015-12-01 05:59:21

It is already illegal to own a gun if you have been committed to a mental institution, no wonder the NRA is opposed to a new law making it illegal to possess a gun if you have been committed to a mental institution.

Comment by Oddfellow
2015-12-01 08:00:50

Currently, if you are involuntarily committed to a mental institution, you can no longer own a gun unless you can convince a judicial body that you are safe to do so.

Under the proposed new law backed by the NRA, you would automatically get back the right to own a gun after you have been discharged from the mental institution.

Like I always say: rule out the violent, the crazy, and the tranquilized, and the tent gets too small. Gotta keep them all in as gun owners. The rest of us can just get used to the weekly mass shootings.

Comment by Goon
2015-12-01 08:30:25

Globalist progessives with a grabber agenda will write the rules on who is deemed crazy. Specifically, that anyone who resists the globalist progressive grabber agenda is crazy. And this narrative only ends one way:

Registration, Confiscation, Extermination.

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Comment by Oddfellow
2015-12-01 08:33:38

So Australia is going to begin exterminating its citizens?

Comment by Goon
2015-12-01 08:54:13

Your contribution to the grabber narrative is noted.

And it’s never so much about the actual content of the narrative, but that the narrative, once scripted, must be controlled.

Comment by Oddfellow
2015-12-01 09:05:50

but that the narrative, once scripted, must be controlled.

So you have no response other than more boilerplate when someone points out a major flaw in the narrative you’re scripting?

Comment by WPA
2015-12-01 09:11:29

“Registration, Confiscation, Extermination” is an imaginary construct with little evidence to support it. OTOH, when Extermination is committed by loonies with guns, like Robert Dear or Dylann Roof, the Kneejerk Rifle Association says, look the other way, nope, nope, the US can’t pass any laws to prevent this…

Comment by Goon
2015-12-01 09:27:23

an imaginary construct

20+ million dead Russians under Stalin suggest otherwise.

It’s the progressive way.

Comment by WPA
2015-12-01 09:31:57

It’s the progressive way.

That’s the go-to Fear Card: Paint Sanders-style Democratic Socialism as inevitably leading to a totalitarian communist state. If this theory is true, Denmark and Norway should all be under Stalin-esque dictators by now, right?

Comment by Oddfellow
2015-12-01 09:35:46

20+ million dead Russians under Stalin suggest otherwise.

So when does it start happening in Australia?

Comment by RioAmericanInBrasil
2015-12-01 09:39:22

It’s the progressive way.

As a former NRA member, I think comparing Americans who want rational gun laws to Stalin killing 20 million and labeling that “progressive” is idiotic, or just a cry for attention. It does a disservice to the conversation and the reputation of the writer.

America has a sick and growing mass-murder problem. Constantly repeating the same dumb stuff is not going to help imo.

Comment by MightyMike
2015-12-01 10:14:03

20+ million dead Russians under Stalin suggest otherwise.

A large portion of those were Ukrainians. That book might not be so good.

Comment by AmazingRuss
2015-12-01 11:07:29

Goons gotta loon.

Comment by X-GSfixr
2015-12-01 11:11:42

Too bad the NRA wasn’t around in the old cattle drive days.

With all of the “No guns in town” laws enforced by Wyatt Earp & Co., they would have had a field day taking them to court.

In fact, they could lead the way forward on this issue, and put their money where their mouth is.

If they are so sure more guns = polite society, they should be handing out free guns to everyone at the Chicago city limits.
From age 10 and up. Get them started early that way.

The law says you can’t SELL a gun and ammo to kids. No laws against free “Glocks for Tots”

Comment by "Auntie Fed, why won't you love ME?"
2015-12-01 13:29:46

Why are you guys arguing with Goon?

Comment by AmazingRuss
2015-12-01 14:59:30

Because he’s spirited, combative, and somewhat rational.

Comment by "Auntie Fed, why won't you love ME?"
2015-12-01 17:31:41

He’s just arguing because it entertains him.

Comment by Jingle Male
2015-12-02 02:16:59

Goon is Dope.

Comment by Anklepants
2015-12-01 11:49:39

Why did you say the other day there were two competing versions, one which would take away gun rights from those committed and the NRA one about jury trials, if the take away if committed one is already the law?

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Comment by Iceberg
2015-12-01 19:11:04

So the other day he was just lying about two versions? I wonder what else he’s lying about?

Comment by Mafia Blocks
2015-12-01 19:21:39

That’s what lola does best.

Comment by taxpayers
2015-12-01 12:09:37

I’ll add branding for loonies and continue to tax fat people


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Comment by Iceberg
2015-12-01 06:06:04

This is why Hillary is your undemocratically chosen Emperess:

A relatively new phenomenon, super PACS proliferated following the January 2010 Supreme Court Citizens United v. Federal Election Commission decision that said the government cannot restrict the spending of corporations, unions, and other groups for political campaigns, maintaining that it’s their First Amendment right to support candidates as they choose. The Citizens United decision opened the floodgates for unlimited amounts of money to be poured into political campaigns. It also dismantled the McCain–Feingold campaign-finance law that banned issue ads and soft money (funds contributed to the Republican and Democratic National Committees, and to the party committees in each state) in political campaign.

Vote for HillaryJeb and Citizens United.

Comment by Oddfellow
2015-12-01 08:03:37

Vote for HillaryJeb and Citizens United.

Which presidential candidates are against Citizens United?

Comment by Iceberg
2015-12-01 19:13:35

There’s only one that doesn’t need Superpac money

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Comment by AmazingRuss
2015-12-01 11:08:37

Trump is why Hillary will be empress. All hail the lizard queen!

Comment by CalifoH20
2015-12-01 13:17:55

She ALREADY has the votes of 500 Democratic establishment ’superdelegates’ locked up.

oh well… at least she will be more fiscally conservative then Jeb.

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Comment by oxide
2015-12-01 13:31:47

New flash: Jeb has 3x the dark money Hillary does and he’s making zero headway in the primaries. Maybe SuperPACs aren’t the deciders we think they are.

Comment by AmazingRuss
2015-12-01 13:37:06

Jeb doesn’t have Trump to scare people into the voting booth.

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Comment by redmondjp
2015-12-01 16:35:49

Jeb can fix it.

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Comment by rj chicago
2015-12-01 09:17:56

Don’t move here - you won’t like it.

Comment by CalifoH20
2015-12-01 13:11:01

White House Down?

Comment by Professor Bear
2015-12-01 01:50:20

Have your commodities investments done well this year?

Comment by Professor Bear
2015-12-01 01:52:29

FT Alphaville on Twitter
Commodities’ November nightmare
Izabella Kaminska
Izabella Kaminska joined FT Alphaville in October 2008. Before that she worked as a producer at CNBC, a natural gas reporter at Platts and an associate editor of BP’s internal magazine.
| Nov 30 15:37

Goldman Sachs created the GSCI commodity index back in 1991, with the intention of getting asset managers to use it as a benchmark for commodity investment, but also as an improved way of measuring inflation.

Specifically, the index was pitched as a better measure than that being provided by Commodity Research Bureau’s (CRB) futures index, because it included a mix of products that Goldman said better reflected real inflation.

In support of the countercyclical diversification case, back-tested returns from 1970-1990 showed the GSCI was negatively correlated with the S&P 500 and government bonds, meaning a basket of GSCI commodities could improve annual returns for investors.

By the noughties, the S&P GSCI Index had become the darling of the passive commodity investor space — even though at the same time it was increasingly being blamed for driving up the price of commodities. What you could call an unexpected feedback loop of positive returns.

But if you believe what goes up must come down, by November 2015 almost the exact opposite situation was being detected: a negative feedback loop of unprecedented proportions.

From Jodie Gunzberg, global head of commodities at S&P Dow Jones Indices on Monday:

Unfortunately for commodities, there’s no waking up from this nightmare. It’s real. Since 1970, the S&P GSCI has never seen a Nov. with as many as 21 negative commodities. After a glimmer of hope in Oct., only 3 commodities, sugar, cotton andcocoa are on track to be positive in Nov. In other words, for every one commodity that is positive, seven are negative in Nov., 2015.

Moreover, Nov. 2015 is the 5th worst Nov. on record since 1970, only behind 1997, 1998, 2008 and 2014. Year-to-date, the index is also on pace to be the 5th worst year with 1998, 2001, 2008 and 2014 losing more. Though YTD through Nov. 2014, the index was in better shape than the index is through this Nov.

While Gunzberg says 2015 was not the worst year for any single commodity despite two being down more than 40 per cent, seven being down more than 30 per cent and 13 down more than 20 per cent, aluminium, feeder cattle, Kansas wheat, nickel, and the industrial metals sector posted their worst years since 2008.

Comment by azdude
2015-12-01 05:46:29

Everyone has bought the dollar in anticipation of the rate hikes that will never happen.

Go long commodities!

Comment by Professor Bear
2015-12-01 08:47:52

Gasoline prices are dropping again, and I’m loving it.

Comment by azdude
2015-12-01 08:50:43

If u own a home u have a chance at free equity.

Its like being at a casino. If you are there playing a machine you are in the game.

Comment by wondering
2015-12-01 09:20:04

I wonder how big cars and SUV’s will get if prices go and stay under $2.00 /gallon for very long.

I think there are over 50 models that already weigh over 6,000 lbs. People think they are safer, but 70% of accidents are one car accidents where all that weight is your enemy on impact.

I love my Hyundai Accent!

Comment by Oddfellow
2015-12-01 09:41:24

People think they are safer

No safer type car to roll over in! The car companies have signed some agreement to increase their overall fleet efficiency by x amount over the coming years, so their ability to flood the roads with monster trucks and SUVs will be limited. That’s a major reason Ford went to the aluminum body truck. So they could keep building big ‘uns!

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Comment by MightyMike
2015-12-01 10:18:30

I read something once that said that, due to the rollover issue, minivans are safer than SUVs for people who think that they need large vehicles because they have kids and pets and whatnot. Apparently lots of parents think that SUVs look cooler than minivans, so they go with the less safe choice.

Comment by AmazingRuss
2015-12-01 11:10:39

Natural selection at work.

Comment by X-GSfixr
2015-12-01 11:28:04

Mini vans and SUVs are “safer” only because of their mass.

They have a much higher tendancy to roll-over, due to their high center of gravity.

Cars since about 2004 have had their “aero” numbers compromised, because the are much taller and heavier than they need to be. Why?

Because your local friendly Feds required that the side impact barriers be raised, to protect from impacts from…… you guessed it………. trucks and SUVs.

At the end of it all, after the diametrically opposed goals of gas mileage standards and “improved safety” are fully implemented, cars will only be affordable to the 1%ers, while the rest of us get to ride the bus, or hoof it.

As it should be, according to our overlords and tree-huggers everywhere.

Comment by oxide
2015-12-01 13:36:35

Thank you fixer. You always come in with “real” usable information instead of blowharding.

What do you think of the news about that AirAsia flight that dove into the Java Sea (with fully aware passengers :sad: ) ? Cracked computer and diametrically opposed pilot actions?

Comment by ibbots
2015-12-01 11:37:01

“some agreement to increase their overall fleet efficiency by x amount ”

I read something that this is the reason you can lease a really small fuel efficient car for ~$150 / month. The auto makers’ efficiency is based on the whole fleet, so if they sell enough of the little cars, it makes up for the inefficient heavier models which are more profitable for them.

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Comment by X-GSfixr
2015-12-01 17:07:57

Haven’t had a chance to look at the report yet.

Was the “23 times” it failed the number of faults the unit had internally stored? Or was it written up by the flight crews 23 times?

What was disengaging? An autopilot disconnect in the middle of a thunderstorm would get real exciting real quick.

The “split inputs” between pilot and copilot can’t happen on a Boeing. Airbus aircraft have “sidesticks”, basically a little video game controller on the side consoles. Pilots can’t tell by feel if they are fighting against the other pilot’s stick inputs. The computer software logic makes the decision on what pilot inputs to obey, when there is a conflict.

Comment by "Auntie Fed, why won't you love ME?"
2015-12-01 13:31:55

Oil needs to be more expensive.

Comment by Professor Bear
2015-12-01 01:55:37

Is China still on track to hit the seven percent GDP growth target in 2015?

Comment by Professor Bear
2015-12-01 07:44:43 > GlobalEconomy >
Chinese Economy
November 16, 2015 12:15 pm
Companies fooled by China growth predictions, says think-tank
Jamil Anderlini in Beijing
Shoppers and pedestrians walk past a Rado Watch Co. store on Russell Street in the Causeway Bay shopping district of Hong Kong, China, on Sunday, Aug. 9, 2015. Landlords on Hong Kong’s Russell Street a year ago could boast the highest retail rents in the world. Now they are adjusting to a new reality.
Photographer: Xaume Olleros/Bloomberg

Global companies have been fooled into investing too much in the wrong parts of China by inflated predictions of growth in the country’s economy and middle class, a new report has claimed.

In the report, to be released on Tuesday, US-based think-tank the Demand Institute and its parent institution the Conference Board argue that the Chinese economy will grow much more slowly than most analysts predict — and suggest the promise of an enormous middle class in the future is largely illusory.

“Overly optimistic growth and consumption projections for China have misled foreign investors,” the report says. “Most Chinese citizens have a long way to go before entering the middle class.”

Just last week, the Conference Board, which counts many of the world’s largest multinational companies as its members, dismissed the Chinese government’s official data and said the country’s economy was on track to grow just 3.7 per cent this year and next. That compares with an official growth rate that will almost certainly hit the Communist party’s full-year target of “around 7 per cent” this year.

Comment by Professor Bear
2015-12-01 07:57:39

China’s Long Soft Fall – The Big Picture Narrative

As recently as the fourth quarter of 2013, there were few detractors from an optimistic assessment of China’s prospects to achieve a “soft landing” and continue to enjoy relatively stable growth in the 7 to 8
percent range for the next 10 years and more. According to that
baseline extrapolation China would become the world’s largest economy and consumer market in only a few years’ time. This consensus scenario was the key projection promoted by China’s state-run media, and it was generally passed on through the global business media as well. In simplest terms, it foresaw a China that had reached a level of maturity where it was subject to normal downturns and corrections that were familiar to investors and analysts in developed economies around the world. By 2010, China’s leaders had embraced the global “soft landing” vs “hard landing” framework, and a year ago reported with considerable satisfaction that a “soft landing” had been achieved.

Using our diverse and vetted data and rigorous analytical methodologies The Conference Board has consistently been more cautious on its China economic outlook, and early on identified a number of deeply rooted risks and imbalances that could trigger a deep structural slowdown and compel major policy reorientations. This process, now underway, is likely to last four to five years (2014 to 2019), and ultimately down-shift China’s trend growth rate to the 4 percent range. Our official projection calls for China’s trend GDP growth rate to ease to 5.5 percent over the coming five years (2015-2019) before settling at 3.9 percent for the 2020-2025 period (see Chart 12, page 21). Fluctuations around this growth rate – “trend” referring to the average growth rate for a period – could see sub-periods of lower or even negative growth. Our dissenting scenario is predicated on a belief that China’s stunning growth, during the last decade and one-half in particular, transpired as a result of a unique development model — a model that nurtured world-pacing growth through consistent and substantial State retention of wealth, capital allocation, and investment along with monetary policy responsive to immediate, explicit, and politically-essential growth goals. It bore within its successes the seeds of potential crises caused by the distortionary impact of the State’s role in the economy. Put simply, it bore the potential for a deceleration at least as rapid as its acceleration.

Comment by Professor Bear
2015-12-01 21:57:12

Ft dot com
Emerging Markets
EM Squared
December 1, 2015 3:49 pm
Chinese housing slump ‘to weigh more heavily on GDP growth’
Steve Johnson
House prices in Hong Kong, Singapore forecast to fall 10% as slowdown spreads
Pedestrians walk past cranes and residential buildings standing under construction in Beijing, China, on Tuesday, March 10, 2015. China set the lowest economic growth target in more than 15 years and flagged increasing headwinds that include a property slump, excess industrial capacity and disinflation.
Photographer: Tomohiro Ohsumi/Bloomberg©Bloomberg

The slump in house building in China has driven half of the slowdown in the country’s economic growth since 2010 and is poised to weigh even more heavily in 2016, according to analysis by Standard Chartered.
The housing market is in even worse shape in Hong Kong, where residential property prices will fall by 10-20 per cent in the next two to three years, the emerging markets-focused bank forecasts, and Singapore, where prices are already falling and are likely to decline by a further 5-10 per cent.

“China’s volatile housing sector may be the single most important sector in the world economy at present,” says Enam Ahmed, senior economist, thematic research at Standard Chartered.

“Homebuilding has slumped in the face of a glut of unsold properties and falling prices, pulling down the country’s GDP [gross domestic product] growth rate and impacting commodity markets globally.”

Mr Ahmed adds: “Expected [US] rate increases are hanging over housing markets in Singapore and Hong Kong, compounded by fears that Hong Kong housing is in a bubble. Prices have already peaked in Singapore and are likely peaking in Hong Kong now.”

StanChart calculates that housing and sectors linked to housing (such as the residential component of cement, steel, glass and copper demand) contributed 3 percentage points to China’s GDP growth in 2010, but just 1.1 percentage points this year.

With economic growth having slowed from 10.6 per cent to 6.9 per cent over the same period, this suggests that the ills of the housing market were responsible for half of the slowdown in economic growth.

Mr Ahmed believes the residential property sector will weigh more heavily still in 2016, with its contribution to economic growth falling to between zero and 1 percentage point, although a pick-up in activity elsewhere in the Chinese economy should keep overall GDP growth at around 7 per cent, he forecasts.

Comment by Professor Bear
2015-12-01 01:57:49

Asia Economy
China Manufacturing Reports Point to Difficulty in Meeting Growth Goals
Private-sector measure lingers in contractionary territory
Agricultural and forestry residues were manufactured into biofuels at a factory in China’s Hubei province last month.
Photo: Zuma Press
Nov. 30, 2015 10:35 p.m. ET

BEIJING—An official gauge of China’s manufacturing activity fell to its lowest level in more than three years, fueling fears that the world’s second-largest economy may be cooling further despite a raft of government stimulus measures.

A competing private-sector equivalent measure ticked up but still lingered in contractionary territory, pointing to sagging growth momentum due to weak demand both at home and abroad for China’s goods. The readings suggest a weak fourth quarter will make it even more difficult for China to hit its economic growth target for the year, which is already set to post its slowest pace in 25 years.

China’s official manufacturing purchasing managers index, a gauge of the nation’s factory activity, fell to 49.6 in November from 49.8 a month earlier, missing the median 49.9 forecast from a Wall Street Journal poll of 13 economists.

Comment by Professor Bear
2015-12-01 02:08:32


Comment by Professor Bear
2015-12-01 02:11:47

World’s Biggest Pension Fund Loses $64 Billion Amid Equity Rout
Anna Kitanaka
Shigeki Nozawa
November 29, 2015 — 11:57 PM PST
Updated on November 30, 2015 — 12:09 AM PST
GPIF lost 8 trillion yen on Japanese, foreign stock holdings
Fund posts worst return in comparable data starting 2008

The world’s biggest pension fund posted its worst quarterly loss since at least 2008 after a global stock rout in August and September wiped $64 billion off the Japanese asset manager’s investments.

The 135.1 trillion yen ($1.1 trillion) Government Pension Investment Fund lost 5.6 percent last quarter as the value of its holdings declined by 7.9 trillion yen, according to documents released Monday in Tokyo. That’s the biggest percentage drop in comparable data starting from April 2008. The fund lost 8 trillion yen on its domestic and foreign equities and 241 billion yen on overseas debt, while Japanese bonds handed GPIF a 302 billion yen gain.

The loss was GPIF’s first since doubling its allocation to stocks and reducing debt last October, and highlights the risk of sharp short-term losses that come with the fund’s more aggressive investment style. Fund executives have argued that holding more shares and foreign assets is a better approach as Prime Minister Shinzo Abe seeks to spur inflation that would erode the purchasing power of bonds.

Comment by frankie
2015-12-01 03:54:54

The Bank of England said it is ready to take action to cool the buy-to-let housing market as it put UK banks on notice that they could be forced to hold up to £10bn of capital in anticipation of an economic downturn.

Announcing the results of its “stress tests” designed to measure how banks would cope with another financial crisis, Threadneedle Street said Standard Chartered and Royal Bank of Scotland had the weakest financial positions.

Both would have been unable to withstand shocks to the financial system had they not already taken action to bolster their financial position during 2015.

Comment by frankie
2015-12-01 04:00:19

The International Monetary Fund will add the yuan to its basket of benchmark reserve currencies, which China said is a milestone in the currency’s history and a vote of confidence in the country’s financial reforms.

During a meeting on the regular five-yearly review of the Special Drawing Rights (SDR) basket, the IMF executive board, which represents the fund’s 188 members, decided that the RMB “met all existing criteria,” the Washington, DC-based international lender said in a statement.

From October 1st next year, the yuan will join the dollar, euro, pound and yen in the IMF’s SDR basket. Approval had been widely expected after IMF managing director Christine Lagarde announced last month that her staff recommended inclusion, a position she supported.

Ms Lagarde said the decision was “an important milestone in the integration of the Chinese economy into the global financial system.”

Comment by Iceberg
2015-12-01 06:16:57

Is a wall along the southern border considered a shovel ready project?

Comment by AmazingRuss
2015-12-01 11:13:18

I hear Mexico is even going to pay us to build it.

Comment by Iceberg
2015-12-01 18:07:03

Tax all remittances into Mexico at 50 percent and there’d be a good down payment.

Comment by Iceberg
2015-12-01 06:24:06

Is the Elf on a Shelf preparing your child to live in a police state?

By the way Ben thanks for recommending the Netflix doc Terms and Conditions.

Comment by Oddfellow
2015-12-01 08:39:28

He sees you when you’re sleeping,
He knows when you’re awake,
He knows if you’ve been bad or good…

You know, the whole Christmas thing is preparing us to live in a police state.

Comment by rj chicago
2015-12-01 09:22:27

He sees you when you’re sleeping,
He knows when you’re awake,
He knows if you’ve been bad or good…
To live in a poleeeyece state.

Oh you better watch out
you better not cry
Better watch out I’m a tellin you why -
Mr. statist fascist police state (Obamanot) is comin to town….

Comment by AmazingRuss
2015-12-01 11:26:59

God is the real Central Scrutinizer.

Comment by Blue Skye
2015-12-01 11:59:10

Socialists wish to be God.

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Comment by AmazingRuss
2015-12-01 12:17:59

Daddy Trump wants his databases.

Comment by Goon
2015-12-01 07:19:26

Real journalists at Huffington Post provide a narrative titled “Christian terrorism”

Salon dot com provides a narrative titled “It’s worse than Fox News: the media is ignoring domestic terrorism and has been for years”

And a repost of this Bracken essay from three years ago, SJW’s pay attention:

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

Comment by WPA
2015-12-01 09:18:12

Right-wing or Christian terrorist acts in USA = several
Terrorist acts committed by Syrian refugees already here = zero

Comment by Ben Jones
2015-12-01 09:46:02

Chances of being killed by any of these things: less than that of being killed by a falling soda machine.

Comment by WPA
2015-12-01 10:02:50

Correct, the odds of being a terror victim is miniscule. Regardless, it’s interesting to observe the media’s duplicity in who gets the “terrorist” label and who doesn’t.

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Comment by Ben Jones
2015-12-01 10:31:32

Imagine how much smaller the “threat” would be if the US hadn’t practiced regime change for the past 30 years? I’m reminded of what someone said about the shark attacks on the east coast; don’t go swimming in the ocean.

‘it’s interesting to observe the media’

My point is, this isn’t very interesting. Or no more interesting than reporting a death by bee sting, also more likely than dying by terrorist. One has to wonder; given that we spend trillions on an almost non-existent problem, and that TV networks make billions keeping us glued to their ooga-booga programming, if it isn’t the money that’s driving this situation? And how much better our lives could be if we spent those trillions on our own needs. Heck, we might even have some money left over for all those roads you want paved.

Comment by AmazingRuss
2015-12-01 11:25:23

I think it would be fairly cheap to keep ak47s out of the hands of a few more crazy people here at home. The most expensive part would be outspending the NRA on lobbyists.

Comment by CalifoH20
2015-12-01 13:13:47

30 years is just the current stuff. 1893 Hawaii?? Cuba?> Puerto Rico?

Comment by Professor Bear
2015-12-02 01:07:46

“…don’t go swimming in the ocean.”

Or if you do, then don’t swim in known shark habitat with an open, bleeding wound spreading your scent in the water.

Comment by Oddfellow
2015-12-01 10:43:56

: less than that of being killed by a falling soda machine.

But do those odds hold if you’re waiting at a Planned Parenthood clinic? The terrorists don’t want to scare us from going outside, they want to scare from going to a Planned Parenthood clinic.

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Comment by Blue Skye
2015-12-01 12:08:09

People who go to abortion clinics are already seeking death, just not their own.

Comment by AmazingRuss
2015-12-01 14:18:51

What about the other 97% that visit those places? Collateral damage?

Comment by RioAmericanInBrasil
2015-12-01 14:33:05

People who go to abortion clinics are already seeking death.

But you don’t mean this do you?

Lawmaker: Planned Parenthood ‘The Real Culprit’ for Violence

A Republican state lawmaker from Denver blamed Planned Parenthood for a deadly shootout last week at a clinic in Colorado Springs.

Rep. JoAnn Windholz wrote in a Facebook posting Monday that Planned Parenthood is “the real culprit” for violence.

…. “She basically tried to justify the violence against (abortion) providers and Planned Parenthood, and there is no justification,”

….Anti-abortion politicians can unwittingly incite violence, she said. “You cannot ignite a firestorm of hate and then disingenuously stand back and say you have no role in the violence,” Saporta said.

Nine other people were wounded Friday during the hourslong siege.

“Violence is never the answer, but we must start pointing out who is the real culprit,” Windholz wrote.

She called Planned Parenthood the “true instigator of this violence” because it provides abortions.

“Violence begets violence,”

Comment by phony scandals
2015-12-01 07:28:38

Turned the Browns/Ravens game on for the last 2 minutes last night to once again witness the Cleveland Browns snatch defeat from the jaws of victory.

By having a last second game winning field goal attempt blocked and returned for a touchdown to lose the game the Browns once again proved that they are the Cleveland Browns.

It reminded me of this story from a couple of years ago.

Man wants Browns pallbearers so team ‘can let him down one last time’

By Will Brinson | NFL Writer
July 8, 2013 11:27 am ET

People always throw out weird stuff surrounding their death (”When I die I want blah blah blah”) but you rarely see people follow through on it. Not Scott E. Entsminger, a Browns fan who died at the age of 55 on July 4.

Entsminger “was an accomplished musician, loved playing the guitar and was a member of the Old Fogies Band.” He was also, per his obituary in the Columbus Dispatch, a “lifelong Cleveland Browns fan and season ticket holder.”

The deceased wasn’t just your average Browns fan: He apparently wrote a song each year about the Browns, which he sent to the team along with advice about how to run the organization.

And he was such a big Browns fan that the family encouraged everyone attending his funeral wear clothes supporting the team. But here’s the real kicker — he wanted his pallbearers to be Browns as well.

Why? Well …

“He respectfully requests six Cleveland Browns pall bearers so the Browns can let him down one last time.”

Oh, Browns. You even managed to get beat by the deceased.

Comment by RioAmericanInBrasil
2015-12-01 08:32:40

the Cleveland Browns snatch defeat from the jaws of victory.

The Ravens were off-sides before the snap and the kick-6 guy probably stepped out of bounds on the TD run-back. I don’t care about the Browns but the Browns were handed that defeat by the refs.

Referees missed apparent penalty that would have nullified Ravens’ stunning ‘kick-six’ win

Comment by phony scandals
2015-12-01 08:57:03

“The Ravens were off-sides before the snap and the kick-6 guy probably stepped out of bounds on the TD run-back.”

I didn’t watch it that closely I was too busy laughing and remembering Scott E. Entsminger’s final request.

Comment by RioAmericanInBrasil
2015-12-01 14:01:19

Are we turning into a nation of liars? Is there anyway this was not lining up inside the neutral zone? Anyone?

NFL confirms Ravens were lined up onside during ‘kick-six’ play

Comment by phony scandals
2015-12-01 16:30:40

“Are we turning into a nation of liars?”

Ask Jonathan Gruber.

“And basically, call it the ’stupidity of the American voter’ or whatever, but basically that was really, really critical to getting the thing to pass.”

But in the case of the Browns game last night, I really don’t see what a missed call has to do with liars. It was a missed call, happens all the time.

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Comment by RioAmericanInBrasil
2015-12-01 16:41:49

he Browns game last night, I really don’t see what a missed call has to do with liars. It was a missed call, happens all the time.

“Who are you going to trust the NFL or your lying eyes?”

Of course missed calls happen all the time. But the NFL the day after saying the Ravens were onside? The replay is not even close imo. That was the point.

NFL confirms Ravens were lined up onside during ‘kick-six’ play

Comment by phony scandals
2015-12-01 20:12:37

They should have taken the Fifth like Lois.

Comment by rj chicago
2015-12-01 09:23:40

The Drive refers to an offensive series in the fourth quarter of the AFC Championship Game played on January 11, 1987 at Cleveland Municipal Stadium between the Denver Broncos and Cleveland Browns. Broncos quarterback John Elway, in a span of 5 minutes and 2 seconds, led his team 98 yards in 15 plays to tie the game with 37 seconds left in regulation. Denver won the game in overtime with a field goal, 23–20.

The 98-yard drive ranks as pro football’s prototypical clutch performance.[1] Elway and his team spanned almost all of the 100-yard football field. According to an article by Sports Illustrated columnist and Colorado resident Rick Reilly, when Elway started the drive, Broncos offensive guard Keith Bishop said of the Browns, “We got ‘em right where we want ‘em!” Of note is that Cleveland could not force a fourth down against Denver.

Comment by phony scandals
2015-12-01 10:40:20

Ken Bell was a kid that was a couple of years behind me in high school, he played on Steve Young’s teams and was the one who screwed up the kickoff to make that a 99 yard drive. I played against Dave Puzzuoli when he was at Stamford Catholic and ended up partying with him and his nut friends I went to prep school and college with. Puzzuoli sacks Elway @ 4:49 of this video.

The Drive - YouTube - 304k -

Comment by rj chicago
2015-12-01 11:40:20

Great irony in your reporting slings back at me with a story - there is a man in my small group Bible study - a good guy who coached Chris Hinton back in the day here in Chicago at Wendell Phillips High School. Citation here from Wiki……
Phillips competes in the Chicago Public League (CPL) and is a member of the Illinois High School Association (IHSA). The schools sports teams are nicknamed Wildcats. Phillips athletic teams have had a history of success. The boys’ basketball team won the state Class AA title in 1974–75. The boys’ track and field team placed first in 1901–02, 1905–06, 1942–43, 1949–50, 1950–51 and 1961–62.[16] The girls’ basketball team were regional champions in 2012–13. [1] The 2014-15 Wildcats football team was the IHSA class 4A Runner-up, making them the second CPS program and the first in 32 years to play in an IHSA football championship game. The 2015-16 Wildcats returned to the 4A finals and defeated Belleville Althoff 51-7 to become the first Chicago Public League team to win a state championship in football.

Hinton was the guy in the Elway trade with the Colts that brought Elway to Denver and Hinton over to the dolt. Had a conversation with fellow small group member a week ago about this very trade with the attendant result in part being The Drive.

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Comment by phony scandals
2015-12-01 12:08:11

Elway told Irsay he wouldn’t play for them if he drafted him. That being said, IIRC Chris Hinton was a really good linemen in the NFL for a long time.

Comment by Oddfellow
2015-12-01 19:46:17

I went to prep school and college with

And now you’re a drywall contractor? Must be some interesting stories between your early life and later.

That fancy schooling must be why you get to go in to work at noon every day.

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Comment by phony scandals
2015-12-01 21:44:55

“Must be some interesting stories between your early life and later.”

And in between too.

Not much of a fancy prep school though, PG year at Milford Academy after graduating from high school. I’ll let you research that if you want.

Comment by phony scandals
2015-12-01 22:48:24

“That fancy schooling must be why you get to go in to work at noon every day.”

One way or another work starts for me at 7 am every morning.

Comment by MacBeth
2015-12-01 07:28:48

Bill - a response to your Sunday post follows. Thanks in advance…

Comment by MacBeth
2015-12-01 07:32:48

Thanks Macbeth.

My point is that the chicken$hit Republicans regard abolishing welfare as an impossible thing, as if it is tantamount to abolishing darkness. So they want to put up a big iron curtain.

A: I’ll do you one better: put up a wall to keep illegals out AND abolish welfare. Got ‘nads?

It means that closing borders requires far more statism while abolishing welfare means far less statism.

A: There’s truth in that argument. My view is that those not interested in individual liberty should not be let in. Yes, abolishing welfare will reduce the temptation of those wishing to pillage – but over time and not enough. We have many assets that others want to steal or destroy (including ideology). Assets not involving the federal teat.

I made no bones about it that I am a voluntaryist. I do not want rulers. This is not about boomers or whatever. It is about being consistent with individual liberty.

A: We’ll always have true and wanna-be rulers. The goal is to neutralize them. My point in posting that post about Boomers is to illustrate the ways on which they are not interested in individual liberty. It is my contention that Boomers is the generation LEAST interested in individual liberty of all generations alive today and during the past 100 years. I am hardly alone in that view.

Individual rights are not just for Americans.

A: Strongly agree. On a positive note, no matter what happens to the United States, the cat has been forever let out of the bag. Liberty for all individuals will eventually be the mainstay of mankind worldwide. It may take 10,000 years, but it will happen. Our task at hand, Bill, is to pay it forward, to promote liberty as a practical advantage, not just an ideological construct.

I don’t understand the fear the closed border types have if welfare is abolished and anyone can come into the USA. What job do you do that you worry might be stolen from you? Are you a janitor? Do you pick strawberries?

A: I am not worried about my job or those of anyone else. If I lose my job, I can get another. I am concerned about freedom. Freedom for the individual to believe what he or she thinks, to say what they believe, to pursue happiness.

Note that I always say that if we get open borders, we must first abolish all taxpayer subsidies.

A: As above, I would close the borders AND abolish taxpayer subsidies. Got ‘nads?

When I tell this to a Republican he always laughs and says it is impossible. He never explains why abolishing taxpayer aid is impossible.

A: A shame. It’s not impossible. The possibilities of success are greater if we convince our brethren that (voluntary) charity done locally is the best charity of all. “Community” improves, accountability strengthens.

Comment by RioAmericanInBrasil
2015-12-01 08:22:11

abolishing welfare as an impossible thing,

What are you considering “welfare”? What is the welfare you want abolished?

“Abolish welfare” about as meaningful as “stop injustice”.

Comment by redmondjp
2015-12-01 16:43:47

Really? We now have several generations of people who only know that their financial means are magically replentished every month without requiring any effort on their part. And they have learned one important thing: the more kids you pop out, the bigger that monthly check is.

In related news, my county has laid off almost 50% of the road department (in which my good friend is a senior engineer) but they still are spending million$ per year for free rent, free food, and free healthcare for just about anybody who wants to move here from another country.

Does Mexico offer that to anybody who shows up?

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Comment by MightyMike
2015-12-01 16:48:25

We now have several generations of people who only know that their financial means are magically replentished every month without requiring any effort on their part.

Are you certain about that? How many generations are you talking about? Do you think that there are adults in 2015 who have never held a job who were born to parents who never worked and whose grandparents (all four of them) never worked either? How many such people do we have in America?

Comment by RioAmericanInBrasil
2015-12-01 16:59:48

Really? We now have several generations of people…

Really what? I asked him what he meant by “welfare” when he said eliminate “welfare”. Which programs?

my county has laid off almost 50% … but they still are spending million$ per year for free rent, free food, and free healthcare for just about anybody who wants to move here from another country.

Your county laid off road workers because the feds are spending too much on “welfare”? How and why? BTW the other day I think you asked me about domestic right wing vs Islamic terrorism in the USA. The Fort Hood numbers are included.

Since 9/11
Deadly Jihadist Attacks
Total number of people killed: 26

Deadly Right Wing Attacks
Total number of people killed: 48 (+2 Planned Parenthood murders)

Comment by Iceberg
2015-12-01 18:13:26

Why only since 9/11. Kinda like looking at housing since 2010.

Comment by The Selfish Hoarder
2015-12-01 17:24:49

Why would you assume that those opposing individual liberty would want to come into a nation and change it to a dictatorship? First, they tend to lack financial resources. They would be focused on their own survival. Too busy making money for themselves to go into politics.

Your assumption is questionable that outsiders would tend to want big government. Maybe they would but they would not have time to be politicking. And why would they favor government anymore than people already inside the USA?

The biggest instigator of big government is not Juan and Rose, but the Rockefellers and Rothchilds. They are banksters and they promote war. War requires big government. The banksters have much more power and clout than 11 million illegals.

Comment by Bill, Just south of Irvine
2015-12-01 07:33:12

Okay, but I will be mostly working today.

Comment by Goon
2015-12-01 07:32:13

Salon dot com rallies the base with a column about Donald Trump with the following quote “Is there any reason to believe that conservatism has evolved enough to promote a version of Americanness that seems less alien to the tens of millions of Americans unlucky enough to have not been born white, male, Christian and straight?”

Because when you’re a progressive, every hyphenated identity deserves a trophy.

Everyone’s a winner in the Victim Olympics.


Comment by Iceberg
2015-12-01 07:55:30

Except gun owners, a demographic making up more than half of the country.

Comment by Goon
2015-12-01 08:11:26

That’s another narrative.

I wouldn’t want to be in any densely populated coastal city when a prolonged grid collapse / disruption type event occurs.

The narrative is always evolving, but I see only a dark future for this country.

Comment by taxpayers
2015-12-01 12:14:26

you can conquer most of EU using a board w a nail in it

Comment by Goon
2015-12-01 07:47:41

World Net Daily rallies the base with an article titled “Hamas: Jews eat blood of slain kids at Passover”

This narrative, albeit disturbing, will not result in smaller government, less regulations, or lower taxes.

There are now 22 American military veteran suicides per day. And when your foreign policy is determined by the Likud Party there will only be more of this. Israel is not the 51st state. It receives $4.5 billion in direct military aid from the United States (a recent increase from $3.1 billion) every year. This in addition to the $600 billion a year war machine protecting it, all because of a Congress elected by a demographic plurality that believes the Earth is 6,000 years old, and that if, only if, all the Jewish people can be gathered into Israel, can born-again Christians be Raptured into heaven.

It’s a fairy tale as f*ing believable as Hamas’ blood libel narrative.

And you, the American taxpayer, get to pay for all of it.

Comment by scdave
Comment by Goon
2015-12-01 08:15:26

The U.S.S.R. under Eisenhower’s presidency was a legitimate enemy and existential threat to the United States.

There is no benefit to American military involvement in the Middle East today.

Comment by MightyMike
2015-12-01 07:51:51

30-Year Wall Street Veteran: Only Bernie Sanders Can Stop My Criminal Colleagues
Tom Cahill | November 30, 2015

“In finance, is that which is most complex is probably fraudulent.”

Paul Ryan is a Wall Street banker. He’s also an avid supporter of Democratic presidential candidate Bernie Sanders due to his demands to break up big Wall Street banks.

“Glass-Steagall separates things and makes things less complex. When you mix the investment bank and the shadow economy with the commercial bank, that’s a real complicated thing. I dare say—and I’m reasonably educated; went to law school, majored in economics, and worked in a bank—I’m hard pressed to know what Goldman Sachs or CitiBank actually does. And I didn’t fall off a turnip truck. I just can’t figure out what they’re doing right now.”

Ryan (no relation to the current Speaker of the House), has advised private equity and hedge funds as managing partner for Hayfield Financial for three decades, and agrees 100 percent with Sanders’ claim that “the business model of Wall Street is fraud,” saying that Hillary Clinton’s proposals for Wall Street reform don’t go far enough.

“Bernie Sanders is swinging the meat axe saying, ‘Hey, let’s just break it all up,’ that’s not the gradualism that Hillary’s saying right now,” Ryan said in an interview with WNYC’s The Takeaway. “She’s in bed with these guys. I don’t think she’s going to really make the changes—not with her donor base—and they really need to happen.”

Comment by Iceberg
2015-12-01 08:04:20

Your oligarch democrat masters have predetermined who your candidate will be, a monomaniacal power hungry corrupt soulless Wall Street pawn, and yet you are mad at Trump.

Comment by azdude
2015-12-01 08:29:30

“there has never been a bubble that hasn’t popped”

Comment by MightyMike
2015-12-01 10:23:01

I’ve never expressed any anger towards Trump. He’s quite entertaining.

Comment by RioAmericanInBrasil
2015-12-01 10:32:07

I’ve never expressed any anger towards Trump.

You don’t know the right-wing “rules” of debate?

When the right-wing raves and foams at the mouth they call it “conviction”.

When the left writes with conviction, the right-wing labels it “anger”.

It’s a tactic.

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Comment by Goon
2015-12-01 10:44:42


Comment by Oddfellow
2015-12-01 09:02:45

Sanders didn’t tell his audience or security to beat down the women who grabbed his microphone, so we can’t vote for him. Even though he’s anti-war,anti-big bank, anti-crony capitalism, and anti-torture.

Comment by azdude
2015-12-01 08:19:46

brick and mortar black friday sales crater 10%. Recovery?

Comment by scdave
2015-12-01 08:39:58

brick and mortar black friday sales crater 10% ??

Offset by online buying….

Comment by azdude
2015-12-01 08:49:13

yeah sure buddy, that’s what all the media says too.

Comment by scdave
2015-12-01 09:19:41

that’s what all the media says too ??

Is Adobe Systems the “media’ dude/buddy ??

This year’s “Cyber Monday” is set to be the biggest online shopping day in history, Adobe predicts. With data from thousands of retailers still flowing in, the company believes Monday’s total online spending will be $2.98 billion…

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Comment by Blue Skye
2015-12-01 12:37:59

I postponed a tool purchase recently to see what kind of sale would pop up. I had a specific brand and model picked. Ordered it online yesterday; 15% off and free shipping.

Sales don’t increase revenue with customers like me, they decrease it.

Comment by Yaan
2015-12-01 22:17:46

Automate the process with camelcamelcamel. They email you when Amazon drops the price on an item below your target.

Comment by ibbots
2015-12-01 09:29:20

Hey Dave, here’ something on your recent inquiry re: Chinese buyers in North Texas.

There are a lot of good quotes in that article. I don’t have any first hand experience with foreign buyers. There are a lot of foreign nationals that settle here though. They come for the jobs and reasonable cost of living but stay for the weather and bbq.

Sometimes the assimilation doesn’t go so smoothly. Like the Islamic group that wants to put a big Islamic cemetery in the little Collin County town of Farmersville. As you can imagine, the good people of Farmersville don’t want anything to do with it!

Comment by scdave
2015-12-01 09:52:12

Well that does answer my question ibbots….

Hmm…I just wonder what the acceptance level is around there being such a conservative and proud (don’t mess with Texas) demographic…

I read the article…My guess would be that most in that gated subdivision will be chinese…Maybe not but around here they seem to cluster…

We happen to be planning on downsizing so I have been doing a bit of “boots on the ground research”…I have came back with a find that was not expected…

I went by and looked at every house that has sold within one mile of me over the past year….Many were vacant although the transaction closed 6 months or more prior…

But the true eye-opener was I found many what appear to be duel transactions on houses that were next to each-other….It appears that one house goes on the market and the one next door sells also…It happened many different times…

The only thing I could concluded is that once the buyer purchased the first house they went ext door and made the neighbor a “offer they could not refuse”…based on the closing price, I would say that was true…

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Comment by CalifoH20
2015-12-01 13:16:19

Little Saigon (Westminster, CA)

Not much assimilation.

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Comment by Goon
2015-12-01 08:46:04

Real journalists at the Washington Post provide the following narrative:

Libertarians believe that consenting adults can do whatever they want with other consenting adults or their own bodies.

My progressive betters assure that if you were born male and make the conscious decision to wear women’s panties that you deserve a trophy. And that if you choose to undergo hormone therapy and have your d*ck surgically reconstructed into a vagina that you deserve a trophy.

My progressive betters also assure that if you desire the voluntary amputation of otherwise healthy limbs, you deserve a trophy:

This narrative needs rescripted, specifically that is being labeled as a disorder. There are no disorders in progressive utopia. Everyone must get a trophy. And if you disagree with any of it, you are a racist.


Comment by azdude
2015-12-01 08:53:42

how long can amazon keeping selling stuff at a loss?

Is revenue all that matters? What a joke.

Comment by Ben Jones
2015-12-01 09:05:03

‘Beijing ordered hundreds of factories to shut and allowed children to skip school as choking smog reached over 25 times safe levels on Tuesday, casting a cloud over China’s participation in Paris climate talks.’

Two comments:

‘When you close a factory here in the US with very low carbon output, you contribute to the opening of two factories in China which has zero regulations. You lose jobs, lose communities, lose a small city in the process so you can go to stores and buy cheap Chinese made #$%$. All the while you think you are contributing to cleaning up the world, you are helping pollute it.’

‘Anyone who does not have and nearly the exact same environmental, work force safety and work hours with Overtime laws as we do should not be allowed to import anything into the US, or at least not without a large import tax. The Chinese and the Indian’s are probably the worst and the largest culprits and their factories are spewing huge amounts of filth into the air and water that we all share.’

But lets have the globalists get out of their private jets and tell us we need to have a tax. Note that the Chinese guy says pollution will peak in 2030!

Comment by scdave
2015-12-01 09:21:42

as choking smog reached over 25 times safe levels on Tuesday ??

Isn’t that alone a good enough reason to want to leave….

Comment by In Colorado
2015-12-01 12:47:29

And move where? To another hyper polluted Chinese city? Those with the means are moving their money and their families out of the country to some western nation where “the air is unnaturally clean” (actual quote by a Beijing colleague); but if you are a working stiff that just isn’t an option.

Comment by WPA
2015-12-01 09:28:03

I predict that in the years ahead China will become a global leader in decarbonization, that they will aggressively shutter their dirty coal-fired infrastructure. As climate change worsens the likelihood of consensus among major trading nations increases for either a carbon tax or carbon-based tariff. Since China Inc. is all about maintaining export market share, I predict they will green-ify their factories in order to maintain global acceptance of their products. The massive smog in Beijing literally has the problem front and center in their collective faces.

Comment by Blue Skye
2015-12-01 12:30:08

In that same line of thought, China will become the world leader in human rights and a beacon of individual freedom because then we will love their cheap crap even more.

Comment by AmazingRuss
2015-12-01 14:40:49

We don’t care about pollution in China. We care about Every Day Low Prices!

Comment by redmondjp
2015-12-01 16:56:14

OK, so why then is George Soros buying up our coal mines? We’re going to be burning coal for a long time IMO, or selling it to somebody who will.

Comment by CalifoH20
2015-12-01 18:39:57

China is destroying their country and buying ours.

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Comment by rj chicago
2015-12-01 09:28:47

All the while - Oblamo is over there in Paris blaming the US for all this Co2 stuff - man o man - maybe it is time for that stooooopid pin head of a POTUS to fly his jellopy over there to Chicomm central and check out where all this elevated Co2 is coming from. F….. idiot!!!

Comment by RioAmericanInBrasil
2015-12-01 09:49:16

(Obama) blaming the US for all this Co2 stuff… his jellopy over there to Chicomm central and check out where all this elevated Co2 is coming from

Wouldn’t that be like the coke head blaming his dealer for his drug problem?

Comment by MightyMike
2015-12-01 10:27:01

All of your hyperventilating must be producing a lot of carbon dioxide.

Comment by Goon
2015-12-01 09:30:31

Charles Bukowski — Born Into This:

Comment by Muggy
2015-12-01 15:31:47

Da sniffare!

Comment by Bill, Just south of Irvine
2015-12-01 21:09:43

He would fit in well with our group. Died in 1994. Oh man he predicted these 20 years. The words are like all we wrote here.

Comment by WPA
2015-12-01 09:41:48

Remember, real estate don’t mean squat if you don’t have sewer systems, roads, bridges, fresh water distribution. America’s roof is leaking, time to fix it.

Henry Cisneros: Nation can’t afford not to upgrade our ailing infrastructure

“…according to the Bipartisan Policy Center, our nation now faces a $1 trillion infrastructure funding gap. That represents unmet needs for roads, airports, water facilities, ports and more. It does not even take into account the future investment required to keep up with growing urban populations and pay for the essential modernization needed to sustain a competitive economy well into this century. ”

No chance our infrastructure will get repaired because Congress only listens to Grover Norquist and not their constituents.

Comment by Blue Skye
2015-12-01 12:13:55

sewer systems, roads, bridges, fresh water distribution

All these are in good repair in the part of America I inhabit.

Comment by MightyMike
2015-12-01 13:06:55

That’s nice for you.

Comment by Muggy
2015-12-01 15:34:02

He lives in a blue state with very high taxes.

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Comment by scdave
2015-12-01 10:02:11

No chance our infrastructure will get repaired ??

Not with a Democrat in the White House….No way they will pass any fiscal stimulus…Just witness the pass four years…They have tried to make it as hard on the man as they could…I mean, when you are called a lier in the chamber, when the #1 goal priority was to make you a one term president, when you vote to overturn ACA 50+ times it does not lay very good groundwork for getting things done….Hence, executive orders…

On the other hand, if a republican were to win you would see a trillion dollar “re-build America” infrastructure program in a heart beat…

Comment by WPA
2015-12-01 10:08:57

On the other hand, if a republican were to win you would see a trillion dollar “re-build America” infrastructure program in a heart beat…

If Paul Ryan is still speaker the only way it happens is if something else in the budget is cut to “pay for” additional infrastructure spending. He’s a trickle-down tax-cut budget cap kind of guy. Given Ryan’s prior statements, he’d tee up massive cuts in Soc Sec benefits to “pay for” an infrastructure program. That’s just how he thinks.

Comment by scdave
2015-12-01 10:32:34

he’d tee up massive cuts in Soc Sec benefits to “pay for” an infrastructure program. That’s just how he thinks ??

And with both houses and the Presidency he could get it through…Thats just one of many things that would get passed…

Comment by RioAmericanInBrasil
2015-12-01 10:44:38

And with both houses and the Presidency

I’ve said for years the GOP was eating itself alive - that it would reap the hate and anger it sowed. Looks like it might be harvest time. I put the odds of a Dem presidency and Dem Senate at 60% today.

“the (GOP) is in for a damaging 2016″

The GOP at breaking point

……2015 will be remembered as the year the Republican establishment totally lost control to the loud voices, all of whom are simply competing to be the most outrageous.

As a result, the GOP now clings to an unstable identity as the party that distrusts all government institutions, loathes Obama, hates immigrants and has no faith in the economy.

A party once encompassing Wall Street, eastern elites, southern social-religious conservatives and western libertarians has both fractured and narrowed.

….major GOP establishment players are “finally taking the threat that Trump will destroy the Republican Party and lose the general election to Hillary Clinton seriously.”

The civil war among Republicans also makes defense of their Senate majority extremely difficult. In 2016, the party will defend 24 seats, seven of them in states that Obama carried in both 2008 and 2012. The Democrats need to win six of those seats to regain the majority if a Republican wins the White House but only five if Democrats retain the presidency, given that the vice president can break a tie in the Senate.

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Comment by Mafia Blocks
2015-12-01 12:39:32

Hey Lola….. :mrgreen:

Comment by AmazingRuss
2015-12-01 12:46:15

“an unstable identity as the party that distrusts all government institutions, loathes Obama, hates immigrants and has no faith in the economy.”

Young people will be flocking to us!

Comment by Iceberg
2015-12-01 18:19:49

Social security will be privatized via executive order.

Comment by taxpayers
2015-12-01 13:54:48

raise the gov worker retirement age
66 not 56

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Comment by Mafia Blocks
2015-12-01 10:40:39

“Atlanta Fed Slashes Q4 GDP Forecast From 2.3% To Just 1.4% In Under One Week”

Thanks for a moribund economy slipping deeper in the hole O.

Comment by Mafia Blocks
2015-12-01 10:44:36

With energy prices cratering, the opportunities to do this come much more frequently.

Comment by X-GSfixr
2015-12-01 11:02:41

As they say, if you repeat the big lie often enough, it will become the truth.

“JCCC revamping courses to fill skills gap”

Therefore, it’s time to get the Astroglide out………the “skills gap” is generating more “public-private partnerships”/Corporate Socialism

Funny how this “free-market” stuff never seems to work when there is a shortage of skilled labor, mainly due to shortages in pay rates.

Ask anyone in aviation; there are “shortages” of guys like me all over the place. Yet pay scales aren’t getting any higher, and putting the 50 something guys out to pasture (because they make too much money) continues.

The new paradigm seems to be:
-Replace all of the old guys with new, less/no experience guys making 1/3rd the money, then
-when the SHTF, bring the old guys back in temporarily as 1099s

So basically, by taxpayer-funded “skills training”, my tax dollars are being spent to make sure the “free market” doesn’t work for working stiffs.

Comment by Neuromance
2015-12-01 19:25:54

It’s the “Gig Economy.” We all get to be entrepreneurs, like it or not.

Rugged individualism for the masses, socialism and bailouts for the top 0.1%.

Comment by Senior Housing Analyst
2015-12-01 11:26:41

North Dallas, TX Housing Prices Crater 25% YoY On Collapsing Housing Demand

Comment by CalifoH20
2015-12-01 12:17:02

Larry says:

I have remained quiet about all of the Presidential candidates until now. Donald Trump has gone from an interesting phenomena to somewhat entertaining to downright fascinating to completely ridiculous and embarrassing. You don’t build yourself up by tearing others down. You can’t lie your way to the truth. When you’re wrong, admit it; don’t double down on it. Humility, grace, strength, control, political-savvy, knowledge, honesty, confidence and substance are Presidential qualities, not arrogance and hot-headedness delivered in an ego-maniacal manner. “I’m smart and everyone else is stupid” is not a Presidential platform.

Comment by Bill, Just south of Irvine
2015-12-01 21:17:17

I know an ex military gal who was libertarian for a couple years, then Trump and his borders stuff made her starry eyed. I gave her a lot of flack. And something recently seems to have taken her back away and more to her libertarian ideas. Not sure what it was but I am sure it is something Trump said that offended her.

Trump will fizzle out like a farting toy balloon and end up limp early in ‘16.

That is when he should be done offending about 70% of his followers.

Comment by rj chicago
2015-12-01 12:34:16

Got Maurice Strong?

Comment by phony scandals
2015-12-01 12:47:19

Bend over America, here comes old one eye.

Warmers Dine on Haute Cuisine as They Plot Global Redistribution

Obama dined on haute cuisine with global leaders at the Global Warming Summit

Gateway Pundit - December 1, 2015

Sacrifice is for the little people.

In January 2008 Barack Obama told the San Francisco Chronicle:

“Under my plan of a cap and trade system electricity rates would necessarily skyrocket. Businesses would have to retrofit their operations. That will cost money. They will pass that cost onto consumers.”

Obama: My Plan Makes Electricity Rates Skyrocket - YouTube - 275k - Cached - Similar pages
Mar 18, 2009 .

Comment by CalifoH20
2015-12-01 13:26:41

I read they even heat the white house, even the rooms they dont use! So unfair to us losers.

Comment by phony scandals
2015-12-01 15:51:08

That couldn’t have been from the site where you get your usual talking points.

Comment by CalifoH20
2015-12-01 15:54:17

it is just so unfair, how do we pas a law to stop it?

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Comment by redmondjp
2015-12-01 17:05:32

Oh, those laws all have exemptions for the inside-the-beltway crowd. Laws are for the little people.

Comment by phony scandals
2015-12-01 22:44:38

“it is just so unfair, how do we pas a law to stop it?”

Obama: My Plan Makes Electricity Rates Skyrocket

You tell me

Comment by phony scandals
2015-12-01 12:53:51

Obama’s Trip To The UN ‘Global Warming’ Summit Emits More CO2 Than Driving 72 Cars For A Year

Obama’s Paris jaunt will send more CO2 into the atmosphere than 31 American homes‘ energy usage for an entire year

Michael Bastasch | Daily Caller - December 1, 2015 126 Comments

President Barack Obama may warn that carbon dioxide is causing global warming, but his flight to Paris to join other world leaders at the United Nations climate summit emitted more CO2 than driving 72 cars for a year.

Obama’s Paris jaunt will send more CO2 into the atmosphere than 31 American homes‘ energy usage for an entire year. The president’s trip is equivalent to burning 368,331 pounds of coal or 797 barrels of oil, according to the Environmental Protection Agency’s carbon footprint calculator.

Just one leg of the president’s Sunday trip to Paris emitted 189 tons of CO2 after travelling 3,855 miles and burning 19,275 gallons of jet fuel, according to Daily Caller News Foundation calculations based on past presidential flights. Obama’s return flight to Washington, D.C., would double the amount of CO2 burned to 378 tons — more than 72 cars driving for a year.

Obama has been criticized for past plane rides in the name of fighting global warming. Earlier this year, Obama flew down to the Everglades for Earth Day and was hammered for potentially damaging the fragile eco-system and costing taxpayers more than $866,000.

Comment by RioAmericanInBrasil
2015-12-01 13:50:22

Obama’s Trip To The UN ‘Global Warming’ Summit Emits More CO2 Than Driving 72 Cars For A Year

Those carbon comparisons are meaningless mathematically compared to the long-term carbon goals of that summit.

It’s like saying ‘don’t walk to the grocery store to buy food because you’re going to burn calories‘.

Comment by redmondjp
2015-12-01 17:07:26

Nonsense. It just illustrates what hypocrites they all are. If they really cared, they could do the whole darn conference online.

Boy was I embarrased as I listened to our leader blather on and on yesterday, repeatedly ignoring the “time to zip it” beeps and bloops.

Comment by RioAmericanInBrasil
2015-12-01 17:13:40

If they really cared, they could do the whole darn conference online.

Come on. You can’t “do” effective politics, conventions, negotiations and diplomacy by online conference.

Heck, you can’t even do most real negotiations in business by online conference - I’m sure business travel has increased markedly since online conferencing became viable.

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Comment by RioAmericanInBrasil
2015-12-01 14:09:15

There is no global warming because November in Rio was the “coolest” I can remember and this week looks great! We need the rain badly. (27 C = 80 F) 80 degrees F in Rio in December is about as pleasant as it can get meaning not jungle hot.
27° 22°

27° 22°

25° 22°

27° 22°
The Weather Channel - Weather Underground - AccuWeather

Comment by RioAmericanInBrasil
2015-12-01 14:51:59

Realtors are liars. Real estate developers are worse.

“Why is Trump such a bullshit artist? His background as a real estate developer—a job that requires making convincing sales pitches—is one clue.”

Donald Trump Is Not a Liar
He’s something worse: a bullshit artist.

…The increasingly frequent tendency of Trump’s critics to label him a liar is wrongheaded. Trump is something worse than a liar. He is a bullshit artist. In his 2005 book On Bullshit, Harry G. Frankfurt, emeritus philosophy professor at Princeton University, makes an important distinction between lying and bullshitting—one that is extremely useful for understanding the pernicious impact that Trump has on public life. Frankfurt’s key observation is that the liar, even as he or she might spread untruth, inhabits a universe where the distinction between truth and falsehood still matters. The bullshitter, by contrast, does not care what is true or not. By his or her bluffing, dissimilation, and general dishonesty, the bullshit artist works to erase the very possibility of knowing the truth. For this reason, bullshit is more dangerous than lies, since it erodes even the possibility of truth existing and being found.

The contrast Frankfurt draws between lying and bullshit is sharp.

Comment by Mafia Blocks
2015-12-01 15:36:49

U.S. Total Debt Soars By $674 Billion In November

More Hopeless Shame. Thanks OTrauma

Comment by Bill, Just south of Irvine
2015-12-01 21:19:51

LOLZ - OTrama the bomber…

Gold, silver, platinum, Bitcoin.

You have the answers now.

Look up “capital control”

Comment by CalifoH20
2015-12-01 15:41:50

Bill Nye:
“Climate change denial is almost entirely a generational thing,” Nye said referencing older deniers like Oklahoma Senator Jim Inhofe who famously took a snowball to the Senate floor to disprove global warming. Those generations, Nye said, will ultimately age out leaving younger pro-science generations behind who are eager for action.

Nye also mentioned an untapped resource off the east coast of the United States when it comes to wind energy. The largest population in the country lives in the eastern time zone and Nye says if we put wind turbines offshore instead of doing offshore drilling we could power the entire eastern seaboard several times over while also creating thousands of new jobs. “You cannot import every wind turbine and erect it with people from other countries,” he said.

Imagine the possibilities of a cleaner environment with ample jobs and we could finally ensure the Earth will support civilization for many generations to come. Let’s hope there is progress this week in Paris. Goodness knows with a “President Trump” there wouldn’t be.

Comment by Mafia Blocks
2015-12-01 15:59:08

12 days of xmas, obama gave to thee….

12 realtors lying
11 lolas leaping
10 liberals whining
9 Cities crimes a’ risin’
8 growing ghettos
7 years of failure
6 donkeys braying

Comment by Bill, Just south of Irvine
2015-12-01 21:21:00

Ha ha! Lolas leaping and donkeys braying.

Comment by CalifoH20
2015-12-01 16:05:30

Darn those Liberals:

News: Mark Zuckerberg says he’s giving 99% of his Facebook shares — $45 billion — to charity.

Comment by azdude
2015-12-01 18:41:32

no one cares

Comment by Bill, Just south of Irvine
2015-12-01 21:22:43

Maybe he will become President after he turns 35 and sells the U.S.A. and your rights and souls to the state of Israel.

Comment by RioAmericanInBrasil
2015-12-01 16:21:33

No one can call this guy a liar - by far the most honest of all the major candidates.

Bernie Sanders leading Time’s ‘Person of the Year’ poll

Democratic presidential candidate Sen. Bernie Sanders is leading Time’s “Person of the Year” poll just a few days ahead of the Dec. 4 voting deadline.

The Vermont independent, who has rallied crowds in the thousands with his fight against income inequality and a campaign finance system he says is corrupt, had 10.4% of the vote in the reader poll as of Monday evening, Time reported Monday.

He was way ahead of 2014 Nobel Peace Prize winner Malala Yousafzai, who was in second place at 5.3%. Yousafzai, 18, is a Pakistani activist for girls’ education who survived an assassination attempt in 2012.

Other presidential candidates were far behind Sanders. GOP candidate Donald Trump had received 2.1% and Democratic candidate Hillary Clinton was at 1.4%.

No presidential candidate has been named Time’s “Person of the Year” before the end of a campaign, according to the magazine.

Time’s editors choose the Person of the Year based on who they believe most influenced the news, “but that doesn’t mean readers shouldn’t have their say,” according to the magazine report.

Voting ends Dec. 4 at 11:59 p.m. for the readers’ choice poll. The winner of the poll will be announced Dec. 7.

Comment by phony scandals
2015-12-01 16:22:07

Poll: Growing Doubts Over Climate Change Causes

The finding comes ahead of the UN summit in Paris that is expected to result in big cuts in greenhouse gas emissions.

05:12, UK, Monday 30 November 2015

By Thomas Moore, Science Correspondent

The British public is increasingly sceptical that human activity is to blame for climate change, a poll for Sky News suggests.

Almost one in five people believes that natural processes rather than man-made carbon dioxide emissions are causing global warming, according to the survey by Sky Data.

In a similar poll by YouGov two years ago, just one in 14 people said humans were not responsible for the problem.

The Sky News poll comes ahead of the United Nations summit in Paris that is likely to result in big cuts in greenhouse gas emissions.

Prime Minister David Cameron will be among almost 150 world leaders attending the talks.
Prince Charles is calling for action on climate change before it is too late

The survey suggests he could struggle to sell a climate deal if it increases household bills.

It shows 54% of the public oppose green taxes on petrol, electricity and imported food.

Just over a third would back extra taxes on products with a high carbon footprint.

The UN wants world leaders to agree a deal that would limit the rise in average global temperature to 2C, regarded by the overwhelming majority of scientists as the danger point for the world’s climate.
Climate change graph
Video: Why Is Climate Change So Worrying?

That would mean cutting worldwide emissions by 40-70% by 2050 and 100% by the end of the century.

Christiana Figueres, who is leading the UN’s negotiations, told Sky News: “l see more and more political will because every country is realising they are impacted.

“There is not a single country that has not felt the negative impact of climate change. That’s why there is attention now to the opportunities in reducing emissions.” - 261k -

Comment by phony scandals
2015-12-01 17:48:48

“There is not a single country that has not felt the negative impact of climate change. That’s why there is attention now to the opportunities in reducing emissions.”

Gee, that sounds a lot different than what Christiana Figueres said earlier this year in Brussels.

“This is the first time in the history of mankind that we are setting ourselves the task of intentionally, within a defined period of time, to change the economic development model that has been reigning for at least 150 years, since the Industrial Revolution,” she said.

U.N. Official Reveals Real Reason Behind Warming Scare

02/10/2015 06:43 PM ET

Economic Systems: The alarmists keep telling us their concern about global warming is all about man’s stewardship of the environment. But we know that’s not true. A United Nations official has now confirmed this.

At a news conference last week in Brussels, Christiana Figueres, executive secretary of U.N.’s Framework Convention on Climate Change, admitted that the goal of environmental activists is not to save the world from ecological calamity but to destroy capitalism.

“This is the first time in the history of mankind that we are setting ourselves the task of intentionally, within a defined period of time, to change the economic development model that has been reigning for at least 150 years, since the Industrial Revolution,” she said.

Referring to a new international treaty environmentalists hope will be adopted at the Paris climate change conference later this year, she added: “This is probably the most difficult task we have ever given ourselves, which is to intentionally transform the economic development model for the first time in human history.”

The only economic model in the last 150 years that has ever worked at all is capitalism. The evidence is prima facie: From a feudal order that lasted a thousand years, produced zero growth and kept workdays long and lifespans short, the countries that have embraced free-market capitalism have enjoyed a system in which output has increased 70-fold, work days have been halved and lifespans doubled.

Figueres is perhaps the perfect person for the job of transforming “the economic development model” because she’s really never seen it work. “If you look at Ms. Figueres’ Wikipedia page,” notes Cato economist Dan Mitchell: Making the world look at their right hand while they choke developed economies with their left.

Read More At Investor’s Business Daily:
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Comment by Mafia Blocks
2015-12-01 17:57:54

Cooler summer temperatures, warmer winter temperatures, falling energy prices=big WIN for all of us.

Comment by azdude
2015-12-01 18:43:54

go away

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Comment by Mafia Blocks
2015-12-01 19:11:41

Cheer up Poet…. Cheer up my friend.

Comment by AbsoluteBeginner
2015-12-01 23:01:29

What is up with North Dakota? I thought all the oil and gas operations up there have been winding down due to oil prices driving out the unprofitable guys. You would not know that looking at the craigslist ads for housing. Most places asking New England and up pricing rates. I thought many jobs were lost up there. LOL, this is ND, not NJ.

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