Bits Bucket for December 14, 2015
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The Housing Bubble
Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole.
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Name:Ben Jones
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how much are stocks overvalued cause of the FED?
Are markets too fragile right now for the Fed to tighten?
Futures prices currently show 76% chance that the Fed will hike.
83% = 5:1 odds in favor of liftoff tomorrow (the Fed is “the house” in this case).
Never bet against the house!
Marketwatch dot com
What time is the Fed decision?
Published: Dec 14, 2015 3:43 p.m. ET
Central bank poised to lift interest rates for first time in more than nine years
By Steve Goldstein
D.C. bureau chief
Reuters
U.S. Federal Reserve Chairwoman Janet Yellen will be holding a press conference on Wednesday.
The Federal Reserve is set to lift interest rates for the first time in over nine years on Wednesday at 2 p.m. Eastern.
The announcement, scheduled to come out of what’s called the Federal Open Market Committee, will be followed by a press conference with Federal Reserve Chairwoman Janet Yellen, who will speak at 2:30 p.m.
The Fed has kept interest rates in a band between zero and 0.25% since Dec. 2008, when it lowered rates in the midst of the Great Recession.
Now that the U.S. economy has been growing steadily, if unremarkably, for years, the central bank is poised to begin lifting rates.
The likely rate hike has been well choreographed. Markets were pricing in an 83% chance of a rate hike, as of Monday afternoon.
…
By like 7 or 8,0000 is my guess.
The Dow’s natural floor is somewhere in the 5500-7500 range.
I’d buy in at that level…
I did. 2009.
You’ll have a chance again Jingle_Fraud. Double down on those losses.
The muslim attacks on infidel unbelievers will be constant and unrelenting.
Democrats will never stop importing unvetted muslims. As they will vote solid democrat for generations.
And people wonder why Trump is doing so well.
———————-
Teacher stabbed near Paris by ‘Isis supporter’
The Local (FR) | 12/14/15
An elementary school teacher has been attacked in the northern suburbs of Paris by a man claiming support for Isis. It comes after Isis had called on followers to attack French teachers.
The attack occurred at around 7am out the front of the Jean Perrin d’Aubervilliers school in the northern suburbs of Paris, when an unidentified man stabbed an elementary school teacher with a box cutter, reported Le Parisien newspaper.
After reportedly stabbing the teacher in the side and the throat, the man said “That’s for Daesh, this is a warning”, the paper reported. Daesh is another name for Isis..
Police said the man fled the scene and he’s still believed to be on the run.
The Islamic State’s French-language magazine Dar-al-Islam called in its November edition for its followers to kill teachers in the French education system, describing them as “enemies of Allah” for teaching secularism and “in open war against the Muslim family.”
Just days after those attacks a Jewish teacher was stabbed by three attackers in the city of Marseille, who were shouting anti-Semitic obscenities and expressing support for the Islamic State group, local authorities said.
In March 2012 jihadist Mohamed Merah killed three children and a teacher outside a Jewish school in an attack which also saw him kill three soldiers.
2brony, I started reading this book yesterday:
http://i.imgur.com/UHsjEXd.jpg
And learned that the “prophet” Muhammed married his favorite wife Aisha when she was six years old, but waited until she was 9 to consummate the marriage.
9 is the accepted number
got sharia?
you better otherwise you would dis their culture
Why do you post so much extremist bs here?
Did you hear on Faux News that Dems are advocating to operthe borders to “unvetted” Muslims?
Did you hear on MSNBC that Trump wanted to ban all Muslims from the USA?
‘A Special Relationship’
‘The United States is teaming up with Al Qaeda, again’
‘One morning early in 1988, Ed McWilliams, a foreign-service officer posted to the American Embassy in Kabul, heard the thump of a massive explosion from somewhere on the other side of the city. It was more than eight years after the Russian invasion of Afghanistan.’
‘A massive car bomb, designed to kill as many civilians as possible, had been detonated in a neighborhood full of Hazaras, a much-persecuted minority. McWilliams took pictures of the devastation, headed back to the embassy, and sent a report to Washington. It was very badly received — not because someone had launched a terrorist attack against Afghan civilians, but because McWilliams had reported it.’
‘The bomb, it turned out, had been the work of Gulbuddin Hekmatyar, the mujahedeen commander who received more CIA money and support than any other leader of the Afghan rebellion. The attack, the first of many, was part of a CIA-blessed scheme to “put pressure” on the Soviet presence in Kabul. Informing the Washington bureaucracy that Hekmatyar’s explosives were being deployed to kill civilians was therefore entirely unwelcome.’
“Those were Gulbuddin’s bombs,” McWilliams, a Rhode Islander with a gift for laconic understatement, told me recently. “He was supposed to get the credit for this.” In the meantime, the former diplomat recalled, the CIA pressured him to “report a little less specifically about the humanitarian consequences of those vehicle bombs.”
‘I tracked down McWilliams, now retired to the remote mountains of southern New Mexico, because the extremist Islamist groups currently operating in Syria and Iraq called to mind the extremist Islamist groups whom we lavishly supported in Afghanistan during the 1980s. Hekmatyar, with his documented fondness for throwing acid in women’s faces, would have had nothing to learn from Al Qaeda. When a courageous ABC News team led by my wife, Leslie Cockburn, interviewed him in 1993, he had beheaded half a dozen people earlier that day. Later, he killed their translator.’
First rule if you don’t like jihadists; stop giving them money.
Reminds me of that story about the US soldiers who called out child abuse by Afghani “allies” and were told to STFU about it.
http://www.cnn.com/2015/09/22/asia/afghanistan-boy-abuse-us-military/index.html
Paris teacher made it up.
http://www.marketwatch.com/story/teacher-stabbed-in-paris-by-attacker-invoking-islamic-state-2015-12-14?link=MW_home_latest_news
Hope no Trump supporters ran out and burned any mosques after reading the initial reports.
Any mosque burning would be the Liberals fault for letting Muslims in this country in the first place.
False report.
Why does that matter in this political landscape?
Obama: I have a phone and a pen. And a direct line to the EPA. I can do what I want. Who cares what the Constitution says. Ask too many questions and the IRS will be auditing you…
Liberals never understand that the tactics they use against their political enemies today will be used against them in the future.
———————-
Paris: The Treaty That Dare Not Speak Its Name
National Review | 12/14/15 | Rupert Darwall
The agreement adopted in Paris at 7:28 p.m. local time Saturday doesn’t call itself a treaty, but in every other respect it is one. Four years ago at the Durban climate conference, climate negotiators decided to launch a process “to develop a protocol, another legal instrument, or an agreed outcome with legal force.” If the Paris Agreement is to meet the requirements of the Durban Platform, legal scholar and Clinton-era climate-change coordinator at the State Department Daniel Bodansky states that “the Paris Agreement must constitute a treaty within the definition of the Vienna Convention.”
Article Two of the Constitution of the United States circumscribes the power of the executive to make treaties by stating that the president “shall have the power, by and with the advice and consent of the Senate, to make treaties, provided two-thirds of the Senators present concur.” The question then arises whether the Paris Agreement imposes new legally binding obligations on the United States. American negotiators were mindful of this when Secretary of State John Kerry reportedly threatened that the U.S. would walk out unless negotiators removed from the draft treaty the specification that developed countries would begin providing $100 billion a year in climate funding, by 2020. The Business Standard of India reported that Kerry said: “I would love to have a legally binding agreement. But the situation in the U.S. is such that legally binding with respect to finance is a killer for the agreement.”
Nonetheless, the Paris Agreement does impose a new, expansive, and enormously consequential legally binding obligation on the United States. “The efforts of all Parties will represent a progression over time,” Article Three states. Thus the treaty creates a ratchet mechanism where none previously existed. The new obligation is repeated in the next article: “Each Party’s successive nationally determined contribution will represent a progression beyond the Party’s then current nationally determined contribution and reflect its highest possible ambition.” This is the strongest language of the whole document.
The spin coming out of Paris and the Obama administration is that the new treaty bridges the divide between developed and developing nation parties. As President Obama put it in his statement welcoming agreement on the treaty, “We showed it was possible to bridge the old divides between developed and developing nations that had stymied global progress for so long.” In fact, the divide between developed and developing countries remains, the same divide that led the Senate (including then-senator Kerry) to pass the 1992 Byrd-Hagel resolution by 95 to 0 that then torpedoed U.S. ratification of the Kyoto Protocol.
U.S. ratification of the Paris Agreement without congressional approval would raise profound constitutional questions. Attempts to push through a quasi-carbon tax (in the form of Al Gore’s BTU tax) and cap-and-trade measures repeatedly failed, and the Senate made clear that it would not ratify the Kyoto Protocol, which in key respects was a less bad treaty than the Paris Agreement. The legal effect of the Paris ratchet would be to constrain the discretion of future administrations. The EPA’s Clean Power Plan is the most costly component of the Obama administration’s plan to cut emissions by 26 to 28 percent below 2005 levels by 2025.
No one, least of all the EPA, knows how much the Clean Power Plan will eventually cost. In 2013, the German environment minister declared that its renewable program could cost one trillion euros ($1.1 trillion). The U.S. generates nearly seven times as much electricity as Germany does, which gives some idea of the scale of its cost. When the Clean Power Plan turns out to be a disaster, under international law, the U.S. could not simply ditch it, but would have to replace it with something else (a carbon tax or the cap-and-trade plan, for example, that Congress already rejected) otherwise it would be in breach of the Paris Agreement.
Is this treaty the last nail in the oil bubble’s coffin?
Marketwatch dot com
What the Paris climate deal means for oil markets
By Sara Sjolin
Published: Dec 14, 2015 6:06 a.m. ET
Climate deal puts pressure on oil demand, analysts say
Oil demand is likely to be hit by a global commitment to fight climate change
As if it couldn’t get any worse for oil companies, the historic climate-change deal agreed in Paris is seen as another nail in the coffin for future demand for fossil fuels, Morgan Stanley analysts said in a note.
“There is little doubt that the Paris Agreement creates a long-term challenge to the business model of many of Europe’s integrated oil companies. On top of oversupplied oil, gas and LNG markets, resilient non-OPEC production,and OPEC production that appears unconstrained in the short term, this is likely to weigh further on oil and gas equities for now,” the analysts said in Monday note.
…
Climate change projects increase demand for fossil fuels, by pulling decades worth of demand forward. The environmentalist calling for conservation and a reduction in real and lasting pollution (poisons in air and water) has a very lonely voice amid the din to build, build, build.
Coal goes down first.
And then George Soros drives it back up again, after he has bought all of the mines for pennies on the dollar.
Follow the money.
I don’t think we have to worry about that my friend. Energy demand is cratering no differently than demand for housing.
It’s a little different than housing. Energy prices have already cratered; housing’s next cratering lies in the future.
yipppeeee! no need for the middle east!
oil from home, solar, wind, hydro, nuc and more efficiency in the USA!
Save money!!!!!!!!
Remember….. Nothing accelerates the economy like falling prices to dramatically lower and more affordable levels. Nothing.
Florida observations, with so much humidity and precipitation and sun, how do people keep these houses from rotting and falling apart? It all sounds like so much work, and work that never ends. Would be so much easier to just rent, let someone else deal with it, and go fishing.
There is a reason why (before the housing bubble) most Fl houses were concrete block…
Don’t forget to add in rapidly rising levels of increasingly acidic seawater.
Were are the hurricanes????
Al Gore promised mucho CAT 5 hurricanes by now.
From Al Gore’s An Inconvenient Truth:
We are told that Katrina grew “stronger and stronger and stronger” as it passed over the warm waters of the Gulf of Mexico that were heated up by global warming. We are told that global warming is increasing the intensity of hurricanes, but not provided information on the great amount of uncertainty and vigorous scientific debate on this issue. Graphs showing recent record insurance losses from natural disasters are presented, but no mention is made of how increasing population and insistence on building in vulnerable areas are the predominant factors causing recent high insurance claims from disasters such as Katrina.
“… the science is extremely clear now, that warmer oceans make the average hurricane stronger, not only makes the winds stronger, but dramatically increases the moisture from the oceans evaporating into the storm – thus magnifying its destructive power – makes the duration, as well as the intensity of the hurricane, stronger.”
““The scientists are now adding category six to the hurricane… some are proposing we add category 6 to the hurricane scale that used to be 1-5,”
– Al Gore
2015 Sets a New Record for Category 4 and 5 Hurricanes and Typhoons
Al Gore was more right than wrong.
Yes, he rightly calculated that there are a lot more gaia worshippers than bible-thumpers to be fleeced.
Patricia was the worst Typhoon ever!
Goon
You still coming to North Palm tomorrow?
If there’s free food involved, I’ll be there. And then, as Grammy nominated hip hop musician Will Smith once said, I’m “going to Miami”
Why do you need free food? If you have so much money that you don’t know where to throw it, surely you’re good for a round or two.
“If you have so much money that you don’t know where to throw it,”
All the money in the world doesn’t do you any good if you don’t know where to find the best burger in town.
I will see you at the Brass Ring in North Palm Beach at 11:30 am tomorrow goon.
Drive safe and lookout for the snowbirds.
Florida observations, with so much humidity and precipitation and sun, how do people keep these houses from rotting and falling apart?
I had the same thoughts this past summer when I was in Orlando. The place felt like a jungle. Never mind the houses, how do people tolerate the weather? If it wasn’t sweltering hot it was raining a la Noah’s Ark. I can only imagine what a nightmare pest control must be. That alone would be a deal breaker for me, I hate bugs with a passion.
The place felt like a jungle. Never mind the houses, how do people tolerate the weather?
The people in Orlando would ask the same question about winter in Denver. And the answer to both questions is the same. People stay indoors most of the time.
The people in Orlando would ask the same question about winter in Denver. And the answer to both questions is the same. People stay indoors most of the time.
I can tell you haven’t been here in the winter. Highs in the 50’s are not unusual and on a good day it can even reach the 60’s. And there are plenty of people outdoors. Sure, there are cold snaps when it’s below freezing all day. But in my experience those are far from the norm.
That said, I could see that someone from Orlando would find 50F to be cold. Some years ago I was there in January and I found it amusing to see the locals wearing Parkas in 40 degree morning weather. I’m sure they found it odd that I was fine with a sweatshirt.
Orlando, on the other hand, is always hot and humid in the summer. Even when it was raining it was hot (though it was “less hot”).
Some years ago I was there in January and I found it amusing to see the locals wearing Parkas in 40 degree morning weather.
LOL. The locals wear winter coats in Rio when it’s 65 degrees.
Yeah, I’ve never been there during the winter. Many Floridians would consider under 50 degrees to be the cold. Besides that the temperature is only near the high temperature for a few hours. Accuwethear.com says that the low tonight in Denver will be 21 degrees and the high tomorrow 26.
Accuwethear.com says that the low tonight in Denver will be 21 degrees and the high tomorrow 26.
Like I said, there is an occasional cold snap. But just over a week ago it was 50F at sunrise.
People who don’t live here think that we are snowbound all winter, when it is the opposite. We also have a lot of transplants here from the upper Midwest and the Great Lakes area. Ask them why they moved here and the answer will usually be “the mild winters”.
“I hate bugs with a passion.”
But lizards love them.
Do you hate lizards?
Are you anti lizard?
Do you hate lizards?
If they would eat ALL the bugs I would live them.
what a nightmare pest control must be. That alone would be a deal breaker for me, I hate bugs with a passion ??
Ditto here…I lived in Jacksonville one summer and traveled all over the south…No way I could live there…There are not only a lot of bugs they are big !!
Orlando probably has the worst of Florida weather, being large and inland. Other than Disneyland, there’s really no reason to go there for pleasure.
how much wealth can we extract from stocks and homes in 2016?
Get a home equity loan and BUY stocks.
You win on both investments!
Everyone can be a Jon Corzine…
leverage up 30 times like wall street fat cats. The FED will save you from a freefall?
Oddswallow? More like Loadswallow.
LOLZ
Amen, brothah. Yesterday I made a comment that I liked the way Trump called Roberts out over the ACA. Anyone with a couple of brain cells to rub together would recall that it was Chief Justice John Roberts who gave the ACA the force of law as a tax, even though I didn’t specify John Roberts with his first name.
So the Load makes some incoherent response how he doubts if Julia Roberts would care because she’s a Democrat.
Not to mention the drooling over past and potential events of death and destruction. One or two here and there, I could understand as sarcasm or trolling. But some of the stuff over the past few days, whew. Somebody needs a mental facility, not a keyboard.
He is the most unhinged of the SJW chorus. And no, I don’t know his IP address, but his derangement is consistent enough to make me think it’s only one person.
Well, as we now know, courtesy of MB, IPs addresses don’t mean squat to a tree.
We once had a sales manager who was absolutely crackers, but you’d never know it, on the surface. He would speak very calmly and with great authority about this or that and it would almost sound reasonable, until you actually examined what was being said. Once, after a meeting, some of us reps stood around scratching our heads trying to digest what we’d just heard. Finally, one guy asks “Am I crazy, or is he?” We all busted out laughing at that point, and there was a great deal of relief in that laughter, I can tell you.
Being called crazy by two of the craziest posters here is quite a compliment.
BTW Palmy, how come when anyone is in Fla and wants to meet up, you always have some lame excuse why you can’t? Seems a little…suspicious.
“BTW Palmy, how come when anyone”
What a Nancy.
Are you an old woman?
Do you peek out from behind your curtains and yell at the kids in your neighborhood when their ball accidentally goes on your grass?
Mind your own business you old biddy.
ROTFLMAO!
So, for those of you who might find Load’s question interesting, please note that he makes it sound as if I’ve had a TON of invitations to meet up from people in Florida. Another hallmark of a slithering whack job.
To my knowledge, I’ve only received TWO meetup invites over the many years I’ve been on this blog. Goon’s, and the other one was a good five years ago, maybe more.
Believe it or not (and this may be difficult for you to believe) I actually have a gig that requires occasional travel. I also have friends and family in the state and don’t always stay in one place, not that it’s any of your biz.
Then again, it could be that you’re just hurt no one wants a meetup with you?
But I do find it interesting that you seem to feel a need to monitor the actions and responses of others on this blog and I, in turn, am quite flattered that you find me so interesting that you feel the need to follow me. Just glad I’m not on Facebook.
“What a Nancy.
Are you an old woman?”
What was the name of that nosy neighbor on Bewitched? Mrs. Kravitz?
Aw, heck, I just lied. I’m not flattered at all. It’s actually kinda creepy.
“What was the name of that nosy neighbor on Bewitched? Mrs. Kravitz?”
Mind Your Own Business! - YouTube
http://www.youtube.com/watch?v=grZn0Jj8GFg - 193k -
I didn’t specify John Roberts with his first name…..incoherent response how he doubts if Julia Roberts would care because she’s a Democrat.
That wasn’t Oddfellow that responded. It was me, Rio. And it was a joke to illustrate that people don’t care about Trump bashing John Roberts - and most wouldn’t know John Roberts from Julia Roberts. Get it now? Dang. It wasn’t that complicated.
And you two peculiar guys calling Oddfellow “nuts” is really funny. You guys just liberals “nuts” because they stomp you good and you don’t like it. You either call them “nuts” or “gay” or “on drugs” or some other dumb thing because that’s all you got imo.
What was the name of that nosy neighbor on Bewitched? Mrs. Kravitz?
How many right-wing, busybody Mrs. Kravitz’s for years and years say I “don’t live in Brazil”? Got hypocrisy?
I could have sworn you told us you were on SSD with a side job selling junk on ebay, palmy.
You guys just call liberals “nuts” because….
I’ve sold stuff on ebay, and elsewhere on line from time to time, yes, many people have, so? As to SSD, don’t know where you got that, nutter. Please show the post where I said that.
Hi Rio. You should enjoy this. I’m trying to figure out why Palmy pretends to live in Florida, when clearly he doesn’t.
Sorry, I have a hard time keeping the multiple posting handles straight.
So where are you really, Palmy? DC?
Sorry, I have a hard time keeping the multiple posting handles straight.
Liberals to the right are either “nuts”, “gay”, “on drugs” or “multiple posting handles”. Face the facts. Your ilk is outnumbered more and more everyday by “liberals.
Palmy pretends to live in Florida
I know right? There’s no way any obscene name-calling TrumpTouting, AngryWhite, former New Yorker living in Florida would miss out on a chance to meet the Goon for lunch in Florida.
Seems suspicious to me.
“So where are you really, Palmy? DC?”
Sorry, but I don’t roll that way, NTTAWWT
“And you two peculiar guys calling Oddfellow “nuts” is really funny. You guys just liberals “nuts” because they stomp you good and you don’t like it. You either call them “nuts” or “gay” or “on drugs” or some other dumb thing because that’s all you got imo.”
Comment by Oddfellow
So let’s see, we’ve got:
-The biggest Mexican drug cartel fighting ISIS
-Iran, Russia, and Syria fighting the Sunnis
-The Sunnis fighting the Shiites
-ISIS fighting Al Qaeda
-Putin fighting Erdogan
Again, I have to ask: Is Obummer the Greatest Chess Master Ever?
Comment by Oddfellow
That’s what Chess Master Obummer is playing against. We don’t care if they kill each other.
We don’t care if they kill each other
We don’t care if they kill each other
We don’t care if they kill each other
We don’t care if they kill each other
Trump supporters seem downright gleeful about it.
“Hi Rio. You should enjoy this. I’m trying to figure out why Palmy pretends to live in Florida, when clearly he doesn’t.”
WARNING: Rio or Oddie or Gladys Kravitz or whoever made the comment above has potty mouth in this 11 second clip.
Bewitched - Gladys Kravitz # 2 - YouTube
http://www.youtube.com/watch?v=7lQFrHa-zvQ - 165k -
Lola…. Load. A distinction without a difference.
“Trump supporters seem downright gleeful about it.”
Oddie or RioSwallowinBrasil or whoever you are.
I never said I was a Trump supporter.
I just like to post…
Trump
and then read all the posts that come after.
‘Trump supporters seem downright gleeful about it’
Show me where you read this?
ISTR recently Trump got booed at a pro-Israel rally because he went a little hard on the Palestinian thing. I don’t hear much of that from anyone else. I read that he said the US should stop being the worlds policeman. That would cut down on the Muslim killing, for sure. Does he mean it? I don’t know.
Some of you guys are so caught up in the Marsha’s you are kinda twisting up the facts.
“I’m trying to figure out why Palmy…”
We’re reminded that you couldn’t care less Pineapple, except to crap up the common area.
Show me where you read this?
Saw it on the youtube. Note the wild cheering of his supporters:
https://www.youtube.com/watch?v=aWejiXvd-P8
Only bigger and bigger government can give us affordable housing…
——————–
Nine women join harassment suit against Baltimore City public housing
Baltimore Sun | 11/13/15 | Mark Puente
Nine more women have joined a federal lawsuit against the Housing Authority of Baltimore City over maintenance men who have allegedly demanded sexual favors in exchange for making repairs
Lawyers for the women also want to expand the suit to class action status and say more women will come forward if their identities could be protected.
The amended complaint, filed Friday, brings to 20 the number of plaintiffs in the suit alleging harassment at three public housing properties: Gilmor Homes, Westport and Govans Manor. The women allege assault and violations of their constitutional and fundamental rights, including the right to physical security.
Attorneys Cary J. Hansel and Annie B. Hirsch say “as many as 750″ women who could be victims. Many others have come forward with allegations, but they fear embarrassment if relatives learn about what they did in order to get repairs done, the filing states.
ISTM that only bigger and bigger government can keep these @$$-wipe private sector contractors in check.
They are most likely city or county public union goons.
I miss the old days. Where banks made mortgages and had to eat their bad loans, houses were affordable and women married men to get maintenance done on a house - usually for no promise of any kind of sex.
women married men to get maintenance done on a house - usually for no promise of any kind of sex
So they friend zoned their husbands?
Using Tinder in Florida is pretty nice.
“I got hoes in different area codes” — Ludacris
There’s been a whole lot of this going on lately.
http://goo.gl/jXiSsk
married men to get maintenance done on a house - usually for no promise of any kind of sex.
These are apartment, not houses.
There should be laws against this sort of thing.
Oh wait, there already is.
Looks like its shaping up to be an interesting week on War Street.
Friends of Hillary on Wall Street know how to play the game.
Heads I win, tails you lose.
Old article (focused on Jeb and Hillary) warrants a repost:
http://nypost.com/2015/02/08/wall-streets-no-lose-view-of-2016/
Written four months before Trump told Wall Street that he didn’t need or want their money.
It is coming.
————-
Wall Street fears a run on junk bonds — and worse
cbs news | 12-14-2015 | ANTHONY MIRHAYDARI
Fasten your seat belts, investors.
Large-cap U.S. stocks suffered their worst one-day loss since September last Friday as many popular big-tech stocks rolled over. And it looks like the stock market’s bears are about to run amok with the Dow Jones industrial index back below its 200-day and 50-day moving averages, falling into a confirmed downtrend for the first time since August.
Tremors also are being felt across credit, commodity and currency markets, as the Federal Reserve decides on Wednesday whether to raise interest rates for the first time in nearly a decade. Corporate profits are under pressure. Crude oil has already returned to its 2008 and 2009 financial panic lows, with no support in sight.
And now, bond funds are being hit in a way that reminds many of the mortgage-backed troubles of early 2007 as the housing blowup was starting. To cut to the quick: Regular investors should use this time to reevaluate their risk exposures, consider trimming where necessary and prepare for a potential rough patch in the stock market through the end of the year and into 2016.
Santa Claus rally dead ahead?
This was linked from the Huffington Post:
http://nymag.com/daily/intelligencer/2015/12/gop-billionaires-cant-seem-to-buy-this-election.html
And like it or not, it’s gonna be Mr. President Donald Trump.
No, don’t you see, he’s a plant by the oligarchy. Their plan is to bring to the forefront all of the issues they have been trying to suppress and not talk about for years like illegal immigration, NAFTA, China trade, etc. They want to get everyone whipped up into a frenzy against their issues because it will somehow benefit them.
That right there is One. Awesome. Post.
No, it’s very lame. There ought a name for that sort of thing, when someone makes statements that are the opposite of their beliefs.
Yeah, there is a name. It’s called irony. Jeebus.
I love an irony, but that’s not what it is.
I think that the point of irony is to communicate the opposite of the literal statement, in this case that Trump is not “a plant by the oligarchy”, etc. I don’t think that RoadkillStu is trying to do that in this case. He may be trying to imply that some people think that Trump is a a plant by the oligarchy.
it’s gonna be Mr. President Donald Trump ??
Where can I make my sizable bet with the HP that won’t happen ?? Zero Chance…
AlbqDan is going to have to share his crow dinner with lots of HBB friends of Trump!
Please note that while there may be a number of HBB friends of Trump (and I am among that number) not all of us are certain he’s got a lock on the Presidency. We may hope it, we may wish it, we may feel it is possible, but we cannot be certain of his success, unlike in Dan’s case, where he had a great deal of certainty on China.
Nonetheless, say not the struggle nought availeth.
Trump is a weather vane, not much of a power in himself, but signaling the end of an era. This is why the socialists, parasites, elitist sycophants, and the one-worlders are pissing themselves and wailing.
I look forward to this kind of climate change.
And I agree also, I don’t think I’ve ever said he had a lock. I’m realistic. But I’m more than happy with a Trump v. Hillary matchup. The trump haters seem to love the straw man.
Republican party should have never let him in the debates…It just gave him the free media attention he so craves…Let him run as a independent…See if he spends his own dough…His followers won’t vote for anyone else anyway if they vote at all…
IF he thinks he has a chance of winning, he will run as an Independent. If he doesn’t see it, he won’t. He’s been VERY specific about that.
For myself, if he doesn’t run, I’m not voting, period. I just don’t see anyone else I could support in either party. Maybe Rand. Maybe. Certainly not Cruz. Cruz’s hope is that Donald withdraws, endorses him and that the Trump voters will support him. Some might. Not me.
If Trump is on the ballot as a Republican, I have no idea what will happen. If Trump is on the ballot as an Independent, Hillary will probably win. If Trump is ultimately not on the ballot at all, Hillary will probably win.
I like that Trump is shaking things up. But I can’t give actual “support” if/until he’s a clear nominee and we see what his real policies are.
I don’t think we ever see real policies until the pen hits paper.
Why don’t Trump bashers look at something like a lack of principle? That bothers me. He’s for single payer insurance, he’s against it. He’s a Democrat, he’s a Republican.
Like I said, instead of complaining about an immigration ban, why aren’t we asking why all these Syrians can’t stay home in the first place - Mr Assad Must Go?
In short, because of Assad’s alleged use of chemical weapons in 2012-2013. That was original reason for getting involved in Syria in the first place.
Bzzzz wrong:
‘Obama’s change of mind had its origins at Porton Down, the defence laboratory in Wiltshire. British intelligence had obtained a sample of the sarin used in the 21 August attack and analysis demonstrated that the gas used didn’t match the batches known to exist in the Syrian army’s chemical weapons arsenal. The message that the case against Syria wouldn’t hold up was quickly relayed to the US joint chiefs of staff. The British report heightened doubts inside the Pentagon; the joint chiefs were already preparing to warn Obama that his plans for a far-reaching bomb and missile attack on Syria’s infrastructure could lead to a wider war in the Middle East. As a consequence the American officers delivered a last-minute caution to the president, which, in their view, eventually led to his cancelling the attack.’
‘For months there had been acute concern among senior military leaders and the intelligence community about the role in the war of Syria’s neighbours, especially Turkey. Prime Minister Recep Erdoğan was known to be supporting the al-Nusra Front, a jihadist faction among the rebel opposition, as well as other Islamist rebel groups. ‘We knew there were some in the Turkish government,’ a former senior US intelligence official, who has access to current intelligence, told me, ‘who believed they could get Assad’s nuts in a vice by dabbling with a sarin attack inside Syria – and forcing Obama to make good on his red line threat.’
‘The joint chiefs also knew that the Obama administration’s public claims that only the Syrian army had access to sarin were wrong.’
http://www.lrb.co.uk/v36/n08/seymour-m-hersh/the-red-line-and-the-rat-line
What a real micro-aggression looks like…
—————-
Globally, religious persecution is Christian persecution
Crux | 12/14/15 | John L Allen
CAIRO – If there were a Nobel Prize for enduring misery, Nabil Soliman would be an awfully compelling candidate.
Two years ago, the 54-year-old Egyptian Christian was a security guard in his small Upper Egyptian village of Nazlet El Badraman, where his family had lived for generations. Though hardly rich, he and his wife Sabah, along with their six children and five grandchildren, were comfortable and proud of Nabil for being the lone Christian in town to hold such a position of trust.
Then, the sky fell in.
In November 2013, Islamic radicals in his village went on a violent rampage, angry over the removal of Muslim Brotherhood leader Mohamed Morsi as the country’s president. Christians, who represent roughly 10 percent of Egypt’s population, made convenient targets.
Soliman’s was among the first homes to be torched. Rather than restraining the mob, town police instead arrested Soliman, and, as they hauled him away to the station house, invited bystanders to beat him.
So what’s your answer? Another trillion dollar war?
Time for the U.S. to wash its hand of and walk away from the Middle East, forever.
Europe is f*d, but I don’t live there or pay taxes there, so it’s not my problem…
“So what’s your answer? Another trillion dollar war?”
Sounds like a good idea. What’s my cut?
“What’s my cut?”
And the point spread, what’s the point spread?
You have to work that out with your friendly neighborhood defense contractor.
For a start, how about not importing unvetted muslims who want to bring this supremacist culture and diversity with them?
Actually, you’re fascinating article is an example of people who don’t like diversity, just like you.
66% of Palestinians want more shooting attacks
Arutz Sheva | 12/14/2015
New poll finds 67% support wave of stabbing attacks, 65% want Abbas out and Hamas in his place, and 55% say no to two-state solution.
Two-thirds of Palestinian Arabs support the ongoing wave of terror attacks against Israelis, with the same percentage backing a larger “armed uprising” with more shooting attacks, a poll released on Monday found.
A full 67% back the use of knives, while 66% of those asked said an armed intifada with guns would “serve Palestinian national interests in ways that negotiations could not.”
The survery was conducted by the Palestinian Center for Policy and Survey Research (PSR).
Actually, you’re fascinating article is an example of people who don’t like diversity, just like you.
Isn’t it funny how only first worlders are expected to embrace “diversity” and how other countries want no part or parcel of it? Just go south of the Rio Bravo and demand to be able to “dial 2 for English” in the name of “diversity” and see how they respond. Or better yet, tell them you’re Guatemalan and see how it goes.
Feds mostly quiet on Chattanooga terror links, 5 months later
fox | December 14, 2015 | ap
It took about two days for the FBI to announce it was investigating the Dec. 2 attack that killed 14 in San Bernardino, California, as an act of terror.
Nearly five months after the killing of five military personnel in Chattanooga, Tennessee, authorities have carefully avoided using the same wording about the attack by a Kuwaiti-born gunman.
…
Joyce McCants, a spokeswoman for the FBI in Knoxville, Tennessee, which oversees Chattanooga, said Thursday that the bureau is likely to provide an updated statement this week about the July 16 killings by Muhammad Youssef Abdulazeez.
Abdulazeez, 24, was fatally shot by police after opening fire at a military recruiting center and then driving to a reserve center, where he killed four Marines and a sailor.
Within hours of the shooting, Attorney General Loretta Lynch issued a statement describing a “national security investigation” — which immediately suggested the possibility of terrorism. No such statement came from the Justice Department on the night of the San Bernardino attacks as investigators worked to determine a motive.
“…an example of people who don’t like diversity, just like you.”
Diversity all by itself isn’t necessarily good or bad without some insightful reference. As a biologist, I think diversity in the gene pool is good because it makes a population more robust. As a car driver, I think conformity is good because it reduces fatalities.
Some Euros have wisely chosen to remove the welcome mat, earning themselves a finger wagging from their EU betters. Meanwhile Germany is poised to take on millions of refugees, while countries like Poland and Hungary say “no”.
So what’s your answer ??
Not sure there is one but we must keep on trying…Somehow we got to get the majority of the law abiding to turn on their radical minority…Put a bounty on them….Pay handsomely for turning in someone planning a terrorist attack…Money is a powerful tool particularly for someone that does not have much….
What percentage is that minority? I agree on using many means to separate the radical pro jihadis and their sympathizers.
Hasn’t Trump legitimized Muslim persecution in America?
It’s OK, cuz Muslims are unChristian heathen.
I guess if you choose to misrepresent that his statement is directed at those inside the US not those coming to the US then you should not complain when your misrepresentations cause anger. It’s on you not him.
The real fear here is that there is a crack in the “can’t criticize X group” narrative. Leftists can’t have that. All members of any group must vote the party line.
Hasn’t Trump legitimized Muslim persecution in America?
Yes. Trump personifies the direction the Repubs have been going in for 20 years. The fringe of 20 years ago is now the Repub base.
GOP: A Neo-Fascist White-Identity Party?
It started 20 years ago, with pandering to racist and xenophobic movements. But today, in Trump’s GOP, it’s not so fringe anymore.
….The line from all this to the rise of Donald Trump, based wholly on his immigrant-bashing rhetoric, is direct and indisputable…….Trump thus culminates a process that’s been going on in the Republican Party for two generations now. Fringe elements never properly denounced then are now, under Trump, becoming an in-broad-daylight part of the Republican coalition. But now, since all this has been going on so long, are they even fringe elements? When 65 percent of Republicans tell a pollster they support Trump’s poisonous call to ban Muslims from the country, it’s hard to call that fringe.
…..The Republican Party of Trump is becoming a white-identity party, like the far-right parties of Europe. Yes, it includes token members of other races, which accounts for Ben Carson, who’s just a political idiot, whatever his skills in the operating theater. Marco Rubio and Ted Cruz are in a different category as Cubans; in our political discourse, we throw them into the mix as Latino, but of course Cubans are very different culturally and politically from other Latinos; and besides, there are certainly racial categories among Cubans themselves, and Afro-Cubans these two are not.
But whatever one wants to say about those three and others like them, they’re part of a tiny minority in a party that’s probably 97 percent white people, a significant percentage of whom are now openly embracing their racial identity; that is, they’re supporting Trump as white people, because they feel he will protect their white privilege.
http://www.thedailybeast.com/articles/2015/12/14/gop-a-neo-fascist-white-identity-party.html
‘Ben Carson, who’s just a political idiot’
A black political idiot. You forgot black.
‘a tiny minority in a party that’s probably 97 percent white people’
I doubt that.
‘openly embracing their racial identity’
Can’t have that.
‘When 65 percent of Republicans tell a pollster they support Trump’s poisonous call to ban Muslims from the country, it’s hard to call that fringe’
This is all so curious. It’s OK to pay head choppers to kill hundreds of thousands of them. It’s OK to blow up their weddings. It’s OK to protect Israel from war crimes and do nothing when a couple thousand Gazan’s are slaughtered. But oh man, you better not suggest an immigration ban!
Ben Carson is not an idiot, he’s quite intelligent. He’s loony with weird beliefs. Big difference.
Running the US of A is not brain surgery. Shrub already proved that.
Interesting.
I never believed this repeated claim that drones are blowing up “weddings.” Obama must have the best wedding-detector in human history.
I’m pretty sure that “weddings” is the standard issue sad panda story given. The military could blow up a tactical meeting at a weapons depot, and they would say it was a wedding. I remember reading about one attack on a convoy traveling on the road. Well, they obviously couldn’t call that a wedding. So they said that the people were “on the way” to a wedding.
‘I never believed this repeated claim that drones are blowing up “weddings.”
Wrong again:
The Wedding That Became a Funeral: U.S. Still Silent One …
europe.newsweek.com/wedding-became-funeral-us-still-silent-one-year-…
Dec 12, 2014 - A year on from a U.S. drone strike in Yemen that hit a wedding convoy, killing 12, the United States government have refused to formally …
Wech Baghtu wedding party airstrike - Wikipedia, the free …
https://en.wikipedia.org/…/Wech_Baghtu_wedding_party_airst...
Wikipedia
The Wech Baghtu wedding party airstrike refers to the killing of 63 people … “Villagers say 37 Afghan civilians killed in US-led air strike on wedding party”.
Deh Bala wedding party airstrike - Wikipedia, the free …
https://en.wikipedia.org/…/Deh_Bala_wedding_party_airstrike
Wikipedia
The Deh Bala wedding party airstrike was an attack by United States military forces on July 6, 2008, in which 47 Afghan civilians, mostly women and children, …
Yemen says U.S. drone struck a wedding convoy, killing 14 …
http://www.cnn.com/2013/12/12/world/…/yemen-u-s-drone-wedding/
CNN
Dec 13, 2013 - U.S. officials: A U.S. drone mistakenly targeted a wedding convoy in … security officials from Yemen confirm to CNN the deadly drone strike …
A Wedding That Became a Funeral | Human Rights Watch
https://www.hrw.org/…/wedding…/us-drone-attack-...
Human Rights Watch
Jump to IV. International Law and US Policy - Deliberate attacks on civilians and civilian objects are … from the drone that would shed light on the attack.
Nothing Says “Sorry Our Drones Hit Your Wedding Party …
http://www.buzzfeed.com/gregorydjohnsen/wedding-party-drone-strike
Aug 7, 2014 - On Dec. 12, 2013, a drone struck and killed 12 members of a wedding party in Yemen. If the U.S., which claims the strike was clean and…
Why is Rio so openly angry at nonMinorities?
Why is Rio so openly angry at nonMinorities?
The right’s HBB meme:
When the right-wing foams at the mouth they call it “conviction”. When those on the left write with conviction, the right calls it “anger”. It’s a tactic.
Who’s really angry is many of the Trump supporters. Most the times I post about it I’m chuckling.
Lola,
Your empty skull has been Trumped.
Those moose-lims need some Christmas love and to learn to live with their cousins Jews & Christians. Honestly, what is so hard to live and let live? So sad. They have earned their reputation as savage beasts.
“It’s a new take on voter outreach: shoot them,”
ACLU leader resigns after threatening to shoot Trump supporters
By Fox News
December 13, 2015 | 10:33am
An ACLU leader has resigned after posting on Facebook that supporters of leading Republican presidential candidate Donald Trump be shot before Election Day, according to multiple news sources.
The post by Loring Wirbel, co-chairman of the Colorado Springs, Colo., chapter of the American Civil Liberties Union also made a reference to Nazism.
“We have to really reach out to those who might consider voting for Trump and say, ‘This is (Nazi propaganda minister Joseph) Goebbels. This is the final solution. If you are voting for him, I will have to shoot you before Election Day,’” Wirbel wrote Monday.
He resigned Thursday but told a local newspaper that his post was intended “totally as a joke.”
Wirbel also suggested the post was taken out of context, which he called “smear politics,” while acknowledging that the post could be viewed as offensive.
The post was removed but reposted by Daniel Cole, executive director of the El Paso County Republican Party, resulting in Wirbel resigning as a volunteer chapter representative, according to The New York Daily News.
“It’s a new take on voter outreach: shoot them,” Cole wrote in his Facebook post that accompanied Wirbel’s post.
nypost.com/…/13/aclu-leader-resigns-after-threatening-to-shoot-trump-supporters/ - 220k -
So why isn’t this a hate crime?
Why isn’t obama’s AG going after this speech which “leans toward violence?”
Some pigs are more equal than others…
You can’t unrally a base.
I dunno. The Republicans seem to have done a pretty good job of that, as Mitt Romney found out, much to his chagrin.
But all of them are still pigs, regardless.
So why isn’t this a hate crime?
You probably need to make a specific threat against specific people for it to be criminal.
it’s alrighty to hate whitey
hey, the race card expires in 11 months
No, that’s not it.
You guys down in Mayport FL waiting on the USS Milwaukee to show up are going to be waiting a while.
For what it’s worth….
-A run up to Halifax, then down to Florida is SOP for new warships built on the east coast, meant as a long distance test of the ships propulsion systems, while keeping close to several Navy shipyards.
Causes for metal shavings?
-somwthing out of alignment
-something didn’t get cleaned prior to assembly
-somebody dumped metal shavings in the system
The “chip detectors” are pulled from new jet engines after 25 hours of operation, and 25 hours after overhaul or a hot section inspection. More often than not, you will have chips, shavings, other metallic debris on them. Most times, the SOP is to just check them again in 25 hours. Debris alarms are designed to trip the alarm before major damage occurs
-somwthing out of alignment
Can happen at any time. All depends on the engineering and use.
-something didn’t get cleaned prior to assembly
Lack of discipline and inspections.
-somebody dumped metal shavings in the system
Sabotage.
Couldn’t has been as dramatic as the wussy reporters are saying. On a “no s##t” aborted takeoff, I’d expect to see some blown tires,
not another attempt on a different runway.
Maybe some sailor had a hot girfriend/boyfriend in Newport News, and decided to extend his port stay.
Or, it being a sailor, maybe both
What did you think about the new Airbus that aborted its own takeoff on its maiden flight full of top execs and travel writers?
http://www.nj.com/news/index.ssf/2015/12/watch_aborted_takeoff_of_maiden_airbus_flight_at_jfk_from_inside_plane.html
that aborted its own takeoff ??
Did you see why ?? They were on too short of a runway…Are you kidding me !! Where the hell is traffic control…What about the fridge pilots knowing what runaway length they need…Gee’s…
This reminds me of a crash in the 1970’s. A (now defunct) Western Airlines DC-10 landed at night on the wrong runway at Benito Juarez International Airport in Mexico City. The runway was undergoing repairs and had heavy equipment on it and the jet plowed into it. Amazingly, there were survivors.
What was so odd about the crash was that the runway had been under repair for some time and the pilot was a regular on the route and knew the runway was closed, yet he landed the plane on it.
https://en.wikipedia.org/wiki/Western_Airlines_Flight_2605
Are you trapped in your junk bond fund with no escape?
Ft dot com
High Yield Bonds
Icahn’s high-yield bond fund ‘meltdown’ call overdone
Third Avenue not likely a harbinger of more mutual fund closures
Smart Money
7 hours ago
by: Stephen Foley
“Unfortunately I believe the meltdown in High Yield is just beginning,” Carl Icahn tweeted on Friday. It was certainly a scary day for US junk bond investors, but minutes after the billionaire investor’s tweet appeared at lunchtime, the high yield market, as represented by the two large exchange traded junk bond funds, started to reverse.
The funds ultimately ended down about 2 per cent on the day — one of the worst days for the asset class since the credit crisis — but better than the 3 per cent-plus loss they were showing at lunchtime. Does that mean the worst is over?
Two negative developments, in particular, caused the dramatic sell-off. First, Third Avenue Management told investors in its $788m high-yield mutual fund that it was barring redemptions, a rare and shocking event for retail investors. Second, the oil price plumbed new depths, promising to wreak more havoc on the finances of high-yield borrowers in the US shale industry.
…
IMPLOSION ALERT!
Markets
Junk Bonds Resume Sharp Selloff
Debt from energy companies continues to weaken in light of falling oil and gas prices
By Mike Cherney,
Leslie Josephs and
Sarah Krouse
Updated Dec. 14, 2015 12:10 p.m. ET
The U.S. junk-bond rout deepened Monday, with the bonds of dozens of low-rated companies falling anew and the shares of some large fund-management firms tumbling as well.
The declines reflected gathering concerns about risky companies’ access to financing, traders’ capacity to sell bonds without causing prices to fall, and ripple effects from the closure of a junk-bond mutual fund. Together, the concerns are feeding investor fears that the U.S. mutual-fund industry could face outflows that will test funds’ capacity to meet investor redemption requests.
…
This question bears repeating: Is oil on track for a return to $80 / bbl by December 2015?
ft dot com
Last updated: December 14, 2015 8:23 pm
Oil tumbles towards crisis-era lows
Anjli Raval, Oil and Gas Correspondent
(FILES) This August 21, 2013 file photo shows an oil well near Tioga, North Dakota. Oil prices January 5, 2015 fell below $50 USD per barrel for the first time since 2009 on a rocky day in global financial markets.
AFP PHOTO / Karen BLEIER / FILESKAREN BLEIER/AFP/Getty Images
Oil fell to a seven-year low on Monday and close to the levels hit during the financial crisis amid increased expectations of a persistent oversupply in global crude.
The renewed pressure on the oil price comes amid widespread expectations that the US Federal Reserve will on Wednesday raise rates for the first time in nearly a decade.
Cheaper energy costs are a boon for consumers and the broader economy. However, the prolonged slide in oil is hurting highly indebted US shale drillers and the banks that lend to them, with much of the junk bond energy sector currently in distress.
“The year is ending on an uncomfortable note. The smell of fear is back in the air,” said David Hufton at London-based broker PVM.
Bond markets showed fresh signs of anxiety on Monday, with a further sell-off for corporate debt. Depressed energy prices are just one factor focusing investors’ attention on companies’ ability to support their debts once borrowing costs rise.
Brent crude dropped $1.60 to $36.33 a barrel on Monday, the lowest in seven years, edging closer to the December 2008 intraday low of $36.20 a barrel. If Brent falls below this, it will hit a level last seen in the middle of 2004.
…
Russia is planning for oil prices to drop to $30 per barrel in 2016.
The country’s top finance official, Anton Siluanov, said the government must be prepared for prices to fall further in 2016 as the global glut grows and new supply — for example from Iran — enters the market.
“Everything indicates that low oil prices are likely to dominate next year. And it is possible that at some periods [the oil price] will be $30 per barrel,” Siluanov was quoted as saying by Russian state-run news agencies.
That would spell more pain for Russia. Oil and gas exports make up almost half of government revenue.
Oil futures were trading at their lowest level in nearly seven years on Monday, sliding below $35 per barrel.
…
Ft dot com
Equities
Oil slide weighs on equities
Crude hits new 7-year low as caution dominates Asia equities trading amid Fed countdown
Global Market Overview
(FILE PHOTO) BP has announced cuts of up to 300 of its 3,500 jobs in the North Sea today. AT SEA - FEBRUARY 24: A general view of the BP ETAP (Eastern Trough Area Project) oil platform in the North Sea on February 24, 2014, around 100 miles east of Aberdeen, Scotland. The British cabinet will meet in Scotland for only the third time in history to announce plans for the country’s oil industry, which it warns will decline if Scots vote for independence. The fate of North Sea oil revenues will be a key issue ahead of the September 18 referendum to decide whether Scotland will end its 300-year-old union with England, and is expected to be the focus of Prime Minister David Cameron’s cabinet meeting. (Photo by Andy Buchanan - WPA Pool/Getty Images)
3 hours ago
by: Patrick McGee in Hong Kong
Tuesday 03.25 GMT. Persistent pressure in the oil market pushed Brent crude prices to a fresh seven-year low, weighing on equities, while China’s central bank kicked the renminbi lower for a seventh straight day.
Overnight the price of Brent crude, the international oil price benchmark, touched a new seven-year low of $36.33 amid expectations global supply will continue to outstrip demand. But a recovery late in the US session helped the S&P 500 to emerge from the red and post a 0.5 per cent gain, as West Texas Intermediate, the US benchmark, rebounded 1.9 per cent to end a six-session losing streak.
Both benchmarks were again in retreat in Asian trading, however. Brent was down 0.2 per cent at $37.83 a barrel, while WTI slipped 0.1 per cent to $36.26.
…
Never fear the truth.
Then why the toupee?
I’m not one to mince my words OddSwallow.
But you’ll spend hours on that bizarre toupee/comb-over disaster.
How can we trust your judgement if you’re willing to do that?
“That wasn’t Oddfellow that responded. It was me, Rio.”
Is that you RioSwalowInBrasil?
Is that you RioSwalowInBrasil?
No this is me. And I hope you and Goon talk about me tomorrow between your ruminations on the oppression and decline of the American White Man. (And you know you will.)
I’m sorry, I misspelled RioSwallowInBrasil.
IP’s, usernames…… It’s all good huh Lola.
“No this is me. And I hope you and Goon talk about me tomorrow”
Number one, I don’t know who you are anymore and from now on will consider Rio and Oddie the same person. Never was any difference anyway.
Number two, whoever you are your only a legend in your own mind.
PS
The sad thing is I can no longer consider the reports of the Unknown Comic to be true.
Number one, I don’t know who you are anymore and from now on will consider Rio and Oddie the same person.
lol, Number one, I can’t tell you how much that hurts and how much I care.
Number two, whoever you are your only a legend in your own mind.
Number two, So don’t mention me tomorrow. Talk about Trump, he might be your last hope.
Donald Trump is the last whimper of the angry white man:
Movement conservatives are at war with modernity — and Trump promises to deliver them from it
http://www.salon.com/2015/08/14/donald_trump_is_the_last_whimper_of_the_angry_white_man_whats_really_behind_his_stubborn_lead/
Salon.com? Seriously Lola?
“Number two, So don’t mention me tomorrow.”
Who is this?
Chief Justice Roberts is that you?
Why are the Hillary supporters so angry? Could it be Trumps rising to 41 percent in the latest poll, nearly tripling his closest competitor?
Could it be that the know when people are faced with the comparison of Trump v. Hillary that Hillarys utter lack of any redeeming qualities will drag her down?
Why are the Hillary supporters so angry?
Your math is way off. Google:
“Trump Anger”
About 20,700,000 results (0.21 seconds)
“Hillary Clinton Anger”
About 2,020,000 results (0.30 seconds)
“Lola CraterRage”
Eternal
Donald Trump Honest
42,00,0000 (50 seconds)
Hillary Clinton Honest
2 (.02 seconds)
Donald Trump Sexy
5 Trillion (1 seconds)
Hillary Clinton Sexy
1 (2 hours)
lmao holy chit!
Hillary Clinton Sexy
1 (2 hours)
I bet that was when I said she wore the sexy Depends.
Lola gets trumped.
I read your link below. How long has that guy been pretending to be in Brazil! Why wouldn’t he just post a picture standing near a beach there or with that Jesus statue in the background? Seems fishy.
Why wouldn’t he just post a picture standing near a beach there or with that Jesus statue in the background?
You know what? This is getting really old. I’ll post a pic of Brazil but so what? I could fake it if I wasn’t here? Right?
But I’m not posting this for you or any other doubters. I’m doing it because I feel like it - maybe to make you jealous. Not because you dared me to or anything. This is Rio on the beach, but it’s winter so some of the clothes are not tropical. I might be in front on the right.
http://tinyurl.com/oy2hk8h
Proxy addresses, ducking and weaving, backpedalling.
You’ve been had Lola.
pretty strange. Seems like a simple thing to do posting a picture rather than getting so angry. I’d have to guess from this that he isn’t in Rio.
China needs to build 10 more megacities … top planner says
“Yang, who is the deputy chair of the Central Leading Group on Finance and Economic Affairs, supported the government’s urbanisation plan for 2014-2020, calling for megacities to be established in the northeast, central and western areas. But he went a step further, by putting the number of new giant cities needed at 10, and said they should be built within five years.”
Now that’s what I call some serious stimulus.
Worthless oil…. worthless worthless oil. Oil is worth less and less with each passing day.
“NatGas Bloodbath Accelerates Amid LNG Glut Worse Than Oil”
http://www.zerohedge.com/news/2015-12-14/natgas-bloodbath-accelerates-amid-lng-glut-worse-oil
The subject of the topic is China and city-building, not oil.
Remember…… Nothing accelerates the economy like falling prices to dramatically lower and more affordable levels. Nothing.
Natural gas prices fall to 14yr low on cheap crude, mild weather
“Natural Gas Prices Fall To 14-Year Low ON Cheap Crude, Mild Weather”
https://www.rt.com/business/325875-gas-price/
That’s right; grow or die! No problem with another double or triple of Earth’s population in next 100 years.
Just take a peek at the air quality in China’s major cities. Check out India’s rivers. This is what all nations will look like when the starving masses (think Syria, Pakistan, Bangladesh, Nigeria, etc.) decide it’s time to decamp to USA or Europe. Europe is already corn-holed.
Maybe New Zealand might still be nice; but by then, they will build a wall to keep out Americans.
Maybe New Zealand might still be nice ??
I heard its nearly impossible to immigrate to New Zealand…
I heard its nearly impossible to immigrate to New Zealand…
Just like Saudi Arabia or Qatar or Kuwait…
I heard its nearly impossible to immigrate to New Zealand…
If you have enough money they’ll let you in. If you need a job … well pilgrim … unlike the USA, other countries protect their job bases.
That said, I have have heard that it’s easier to get in if you have a passport from another commonwealth member nation.
Got foreign citizenship?
@Cracker Bob: What I got from the article is that the goal of the 10 megacities isn’t to encourage population growth, it’s to de-congest Beijing, using sprawl to lower the population density. I assume since this guy is speaking publicly that the plan to build these cities has already been approved.
I must be behind the times, but I’ve just now heard of the Donald Trump “Date my daughter” mini-controversy.
Donald impresses me as the kind of guy that screams out his own name during sex.
Is all of this just dirt slinging by his opponents, dredging up old news?
OTOH, this admission might be a cunning policy to make his “base” think he’s “one of us”.
Would you let your daughter go to a party of Bill Clinton?
Or to an island with him?
Even if Hillary was a chaperon?
Yeah, I would.
I have no doubt whatsoever that someone would get kicked in the nutz/slats if they tried any funny business.
Unlike Monica Lewinsky, they all have self respect, and a healthy skepticism about the motives of all politicians.
In Denver, Worries That the Fed Will Chill a Sizzling Recovery
AURORA, Colo. — William Harris tapped his retirement savings to open A-Town Pizza, a Neapolitan pizzeria, in this Denver suburb three years ago. He borrowed $200,000 to open a second location this year and now employs 60 people. On a good Friday, his shops sell 1,200 pies.
In such stories, the Federal Reserve finds evidence that its seven-year campaign to reboot the American economy is succeeding. So on Wednesday, the Fed, which has held short-term interest rates near zero since December 2008, will most likely announce that it will start nudging rates upward, slowly ending what has amounted to a once-in-a-lifetime sale on money.
Mr. Harris, for one, is not ready. “It’s scary when you hear that the government is planning to slow things down,” the wiry 39-year-old said as he folded menus. “We live on people’s extra money. That’s the money they spend on pizza. And it still feels very fragile.”
Monetary policy is conducted in a language of bloodless abstraction, and most Americans pay little, if any, attention. But the Fed is about to make a big bet, and the decisions it makes in Washington have large consequences, here in Colorado and across the nation.
Janet L. Yellen, the Fed’s chairwoman, and her colleagues have concluded that the economy is finally strong enough to grow with a little less help from the central bank. Indeed, they worry inflation will rise too quickly if they do not start raising interest rates. The first rate increase will be small, then the Fed expects to raise rates about one percentage point a year for the next few years.
http://www.nytimes.com/2015/12/14/business/economy/in-denver-worries-that-the-fed-will-chill-a-sizzling-recovery.html
Are you sure?
Denver, CO Housing Prices Crater 17% YoY
http://www.movoto.com/denver-co/market-trends/
Really, a lousy little quarter point rise in the interest rate is going to kill your business. The bank lobby propaganda machine is spinning in full cycle now.
Where is Mr. Banker on this?
“Where is Mr. Banker on this?”
I’m right where I should be, right in the middle collecting from both ends.
I do not want to kill the business, just squeeze it a bit more; The efficient parasite doesn’t kill the host.
William Harris tapped his retirement savings to open A-Town Pizza, a Neapolitan pizzeria, in this Denver suburb three years ago. He borrowed $200,000 to open a second location this year and now employs 60 people. On a good Friday, his shops sell 1,200 pies.
I’ve seen a lot of mom-n-pop pizzerias come and go. They are usually more expensive than the chains, and the only ones that survive are the ones that offer a superior pie.
Why does obama hate America and Americans?
—————–
ARE YOU KIDDING! Obama Loosened Restrictions on Foreigners Buying Guns!
rightwingnews.com| 12/10/2015
The Obama administration has decided to eliminate a 1998 restriction on the sale of guns to foreigners, claiming federal law does not allow the government to have different gun-control rules for noncitizens.
In a letter to firearms dealers, the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) said it would no longer require sellers to obtain proof from foreign buyers that they have lived in the state for 90 days. The rule was originally instituted after a disturbed Palestinian, 69-year-old Ali Abu Kamal, admitted to the United States on a legal nonimmigrant visa, bought a 380-caliber Beretta semiautomatic handgun in Florida and, on the observation deck of the Empire State Building in New York City, shot to death one person and injured six others.
What are you complaining about? Obama is giving everybody what the NRA wants, the unlimited freedom to buy guns. The Repubs have made it clear they want people on the no-fly lists to be able to have guns.
Even when Obama gives the righties what they want they still complain.
‘Obama is giving everybody what the NRA wants’
You can tell yourself Obama is giving us that if you want.
too many or not enough, people just like to whine and blame gov for their misery.
Why does obama hate American and Americans?
———————
Fury at secret US policy that BANNED visa officials from looking at terrorist wife’s social media - where she openly boasted about jihad - because the Obama administration feared ‘bad public relations’
dailymail.co.uk - 14 DEC 2015
A secret U.S. policy blocked immigration investigators from reviewing the social media messages of all foreign citizens applying for U.S. visas, a former senior department official has revealed.
Early last year, immigration officials asked Homeland Security Secretary Jeh Johnson for new policies allowing them to review applicants’ publicly-posted online messages, ABC News reported.
However, Jeh refused to end the secret policy in fear of a civil liberties backlash and ‘bad public relations’ for the Obama administration, ABC News reported.
The revelation comes after U.S. officials learned one of the San Bernardino shooters who received a visa last May, Tashfeen Malik, had posted extensive social messages that the FBI said included talk of Jihad and martyrdom.
More positive economic news for everyone.
“Oil Prices Crater Below $35″
http://globalnews.ca/news/2399301/oil-prices-crater-below-35-loonie-slips-further/
<b”Junk Contagion Spreads: Investment Grade Bonds Plunge To 2-Year Lows, Treasury Liquidity Collapses, CLOs Next”
http://www.zerohedge.com/news/2015-12-14/junk-contagion-spreads-investment-grade-bonds-plunge-2-year-lows-10y-liquidity-implo
(ARCC) pays 10% div, but down big today, so tempting to catch the knife. 2.5% oil exposure is all.
Forward Trump! (He actually does give hope for change.)
Republicans fear Trump could jeopardize control of Congress
Worries are growing that his rhetoric will translate into lost Senate and House seats in 2016.
http://www.politico.com/story/2015/12/republicans-fear-trump-216561#ixzz3uKAybqGO
Republicans have spent many years and hundreds of millions of dollars wresting control of the House and Senate from Democrats.
Now they say Donald Trump is putting it all in jeopardy.
With the Iowa caucuses just 55 days away, Republicans are beginning to see Trump as a dire threat to their majorities on Capitol Hill. And they’re warning that the GOP poll leader, who this week called for a ban on Muslims entering the country, will cause irreparable harm to the party.
Lola….. you’re a $500 street trick.
Why hide behind an IP address and lie about your location?
http://thehousingbubbleblog.com/?p=8011
Funny, Trump will get more votes from Libertarians like me for destroying the GOP and the corporate welfare they approve of. I will let him in for 4 yrs just to clean house of the big spending, big gov, big war goons.
Holden, MA Housing Prices Crater 8% YoY As Housing Demand Plummets To 20 Year Low
http://www.zillow.com/holden-ma/home-values/
If you take on mortgage debt at current massively inflated housing prices, you’ll enslave yourself for the rest of your life.
“Debt is bondage.”~ Suze Orman, May 11, 2013
Don’t Be A Debt Donkey®
“Don’t Be A Debt Donkey®”
Or you will need to have a Donkey Door installed.
http://www.youtube.com/watch?v=fRy9oBGp8IA - 270k -
Trump
Trump….. A superb statesman with a squad of sexy strumpets.
November 29, 2015, 07:00 am
GOP donors wrestle with possibility of Trump nomination
By Jonathan Swan
When asked who he would vote for if the presidential race comes down to Hillary Clinton and Donald Trump, the former mayor of Los Angeles and a longtime Republican establishment figure, Dick Riordan, says: “I would probably go find a deserted island.”
“I think Hillary is disgusting,” said Riordan, a wealthy investor who has exceeded $500,000 in political donations throughout his career.
“And I think Trump is crazy,” Riordan added in a telephone interview Monday.
Riordan is not alone. In conversations over the past month, GOP establishment donors have confided to The Hill that for the first time in recent memory, they find themselves contemplating not supporting a Republican nominee for president.
Most, however, still believe that Trump will flame out before they have to face that decision.
The subject of Trump came up at a recent Beverly Hills lunch hosted by former U.S. Ambassador to the European Union Rockwell Schnabel.
Seated around the table in the private dining room of the Hotel Bel-Air were several of the West Coast’s most powerful Republican donors, including Ronald Spogli, the venture capitalist and former ambassador to Italy under President George W. Bush; his business partner Bradford Freeman; and Riordan.
A story that circulated after the lunch was that the donors engaged in a hypothetical question: “If it was Donald Trump running against Hillary Clinton, who would you vote for?”
One version has it that most of the Republicans at the table put their hands up for Clinton.
…
For all those who think that the US has higher taxation than other countries, this should be an interesting chart:
http://money.cnn.com/infographic/economy/taxes-for-34-countries-ranked/index.html?iid=hp-stack-dom
26% TOTAL TAX for US Citizens????
It is a lie. But you already knew that…
For an “average” middle class taxpayers.
29% Fed income tax. 7.5% Social Security. 2.5% Medicare. 6% State taxes. 2% local taxes. Plus Property taxes. Obamacare (the SCOTUS says it is a tax). Sales tax?
You are at easily at 50% without even trying, Self employed pay the full 15% of Social Security.
Oh wait - the average tax. To include the new FSA imports. In which the government actually pays them with the EIC. And free obamacare.
The average paid in federal income tax has got to be a lot less than 29%. My salary is above average and I’ve paid much less than that for years.
26% TOTAL TAX for US Citizens????
It is a lie.
You’re not comprehending. It is the taxRevenue/GDP ratio. What it shows is that the people/companies most benefiting from the high GDP are paying a relatively small and shrinking share of USA’s taxRevenue/GDP.
It refutes your charge that The USA is a highly taxed country. And it refutes your “liberal’s only answer is higher taxes” screed.
Yes some middle and upper middle are over taxed, but corporations and the rich are grossly under taxed. Thus USA’s low taxeRevenue/GDP ratio.
Dont be a middle class W-2r. they get hoses, will big corps and big dogs pay 17%
Darn those facts! Fox news hates you.
Grossly inflated tax bills
Grossly inflated housing prices
Grossly inflated auto prices
Grossly inflated fees and tolls
Why lie to the public about these realities?
About the only thing that ISN’T currently grossly inflated is the gas I put in my tank.
Grossly inflated claims of Brazilian residency?
Hey Pineapples, did you get a refund on your tickets to see your favorite North Korean girl band? I hope your socialist zeal remains undiminished despite Kim Jong-Un getting his nose out of joint with the Chinese.
http://www.theguardian.com/world/2015/dec/13/kim-jong-un-north-korea-girl-group-cancels-beijing-the-moranbong-band
From the generation that helped bring us hope ‘n change you wouldn’t expect thrifty, responsible habits, would you?
http://www.marketwatch.com/story/more-than-half-of-millennials-have-less-than-1000-2015-12-14?dist=afterbell
everyone is poor, trickle down failed for most.
Social Security, meanwhile, recently paid an average monthly benefit of $1,294 to retired workers, which amounts to $15,528 per year. As of the 2010 data, Social Security made up a large portion of retirement income, averaging 37% of income for those aged 65 and over and 84% for the poorest quintile of Americans.
darn those liberal hippies!
December 14, 2015 — 10:39 AM PST
Corning Inc., the New York-based materials science company, agreed to buy power from a solar farm that Duke Energy Corp. is building in North Carolina.
Corning will buy 62.5 percent of the output from the 80-megawatt project in Conetoe, about 20 miles north of Greenville, the company said in a statement Monday. The 25-year deal is set to begin in the first quarter. Terms weren’t disclosed.
lower, she goes…
Iran Boost
Iran, which expects international sanctions over its nuclear program to be lifted by the first week of January, has already secured customers for its planned supply expansion, Zamaninia said in an interview in Tehran. The country pumped 2.8 million barrels a day last month, data compiled by Bloomberg show.
OPEC, which set aside its output quota at a Dec. 4 meeting, is displaying hardened resolve to maintain sales, the IEA said in its monthly report Friday. While the group’s strategy has affected other producers, triggering the steepest fall in non-OPEC supply since 1992, world oil inventories will probably swell further once Iran restores exports, predicted the Paris-based energy adviser to developed economies.
U.S. natural gas for January delivery tumbled to the lowest level since January 2002 amid forecasts that mild weather will persist through the end of the month. Futures fell as much as 6.4 percent to $1.862 per million British thermal units on the Nymex.
Whaddayaknow, solar subsidies benefit the wealthy and everybody else pays for it with higher electricity rates:
http://www.ocregister.com/articles/solar-695757-electricity-state.html
Hey, if you can get somebody else to pay for your solar system, why not? It’s the American way!
Got carbon credits?
Got wars for oil?
Spring(Houston), TX Housing Prices Crater 10% YoY
http://www.movoto.com/spring-tx/market-trends/
Inventory up 90% YOY, to just over 2,000 units, getting price reductions 400-600 per month.
Man oh man theres some DonkeySchoolin’ going on today.
MOAR PAIN!!!
YELLIN will punt if the DOW goes down > 200 pts tomorrow.
OMG! rates are going to double tomorrow! DOUBLE!! the old people-savers will be loaded!
Take a valium Liberace.
The stock market went up today in anticipation of a rate hike
PUNT
Like u said, why burst the bubbles?
They cannot raise rates significantly or the economy goes in the sh@tter fast.
The economy is already in the $hitter Poet.
Cruz tweets this: https://www.youtube.com/watch?v=8NjbGr2nk2c after Trumpy calls him a “maniac.”
It is official, the decline of western civilization is under full steam, I blame the Internet.
Nope… this is cable TeeVee all the way.
Nobody crushes privacy, snoops and spies like Barry Obama. Not Stalin, not Mao, not Eric Honecker’s Stasi. Nobody.
Ron Paul: “If You Want Security, Pursue Liberty”
http://www.zerohedge.com/news/2015-12-14/ron-paul-if-you-want-security-pursue-liberty
You will not get liberty from Trump. He would execute Snowden no renew the “Patriot act.” He is for the surveillance state.
Does anyone have ideas about how to stop waterfront development that will fundamentally destroy the character of your city?
Manchester Pacific Gateway wins final OK
By Roger Showley | 6:58 p.m. Dec. 9, 2015
Manchester Pacific Gateway covers eight city square blocks starting with this block where a 1.9-acre park would front a 27-story office tower south of Broadway
Manchester Pacific Gateway, the biggest, most expensive project in downtown San Diego history, received final city approval Wednesday.
The $1.3 billion, 3-million-square-foot project with office towers, hotels, a retail “paseo” and a museum would be built on 13.7 acres south of Broadway between Pacific Highway and Harbor Drive. Seven buildings and a 1.9-acre public park would replace the 1920s Navy Broadway Complex and include a new Navy regional headquarters…