December 18, 2015

Bits Bucket for December 18, 2015

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Comment by Red Pill
2015-12-18 03:44:36

Sweden: Muslim Migrants Batter Gay Man to Death, Wrap Snake Around His Neck

Victim taunted over his sexual orientation during brutal murder

Paul Joseph Watson - December 17, 2015

http://www.infowars.com/sweden-muslim-migrants-batter-gay-man-to-death-wrap-snake-around-his-neck/

“Two Muslim migrants in Sweden have been charged with the hate crime murder of a gay man after they allegedly battered the victim to death before dressing him up in women’s clothing and wrapping a snake around his neck.”

Go visit Europe soon. In ten years or less, most countries will be Islamic countries.

Why are we gracefully accepting this Trojan Horse?

Comment by palmetto
2015-12-18 05:36:15

Sweden is now on lockdown after crazed Islamic State (ISIS) jihadis sent letters to European civilians ordering them to convert to Islam within three days or face being decapitated in their own homes. The chilling letters pledged to then “bomb your rotten corpses afterwards.”

ISIS has posted letters threatening to decapitate people in Sweden

http://www.zerohedge.com/news/2015-12-17/coming-america

Source article:

http://www.express.co.uk/news/world/626885/Islamic-State-ISIS-letters-Sweden-convert-Islam-decapitated-murder-jihadi-Syria

Comment by Combotechie
2015-12-18 06:43:30

Wow, “sent letters” … such power.

Send some letters and ” Sweden is now on lockdown after crazed Islamic State (ISIS) jihadis sent letters to European civilians ordering them to convert to Islam within three days or face being decapitated in their own homes.”

How much does it cost to send letters? How much does it cost to go into a lockdown?

Comment by 10-4GoodBuddy!
2015-12-18 07:44:45

Letters are too expensive. LA schools were shutdown for the price of an email.

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Comment by Combotechie
2015-12-18 07:54:21

“LA schools were shutdown for the price of an email.”

A teenaged surfer’s dream: When the surf is up and you are suck in the classroom, send an email.

 
Comment by 10-4GoodBuddy!
2015-12-18 08:03:50

And it really does make you wonder how terrible a job is Big Brother doing. Do the privacy advocates take heart that no one really seems to be listening? What’s all that NSA money being spent on, looking up ex girlfriends?

 
Comment by CalifoH20
2015-12-18 12:50:01

“Only Thing We Have to Fear Is Fear Itself”: FDR

 
 
 
Comment by Oddfellow
2015-12-18 07:22:03

How do they know who sent the letters? Could have been anyone, and it’s probably the easiest way to do a false flag attack.

Comment by Combotechie
2015-12-18 07:37:56

“How do they know who sent the letters?”

They don’t, hence the power.

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Comment by redmondjp
2015-12-18 09:57:00

Exactly. It’s called terrorism.

 
Comment by Oddfellow
2015-12-18 09:58:41

It’s called terrorism.

And it could easily be being done by white christian Swedes.

 
Comment by CHE
2015-12-18 13:46:37

Yes, because White Christian Swedes are known to go around threatening people to convert to a religion that openly wants to kill Christians.

Muslims openly threaten the West, they go around BRUTALLY ATTACKING AND KILLING A GAY PERSON and the left still wants to try to smear Christianity.

Absolutely a mental disorder this leftism.

 
Comment by In Colorado
2015-12-18 16:10:22

“And it could easily be being done by white christian Swedes.”

Yeah, those 5 Lutheran Swedes would definitely do that.

 
Comment by Raymond K Hessel
2015-12-18 18:50:16

If you ask yourself the “Cui bono?” question, I think Oddfellow might be on to something.

 
Comment by Oddfellow
2015-12-18 20:37:57

If you don’t want immigrants to come in to your country, send out some anonymous letters, supposedly from immigrants, threatening everybody.

It ain’t rocket science. It’s one of the older tricks in the book.

 
 
 
 
Comment by 10-4GoodBuddy!
2015-12-18 06:14:40

Well it’s gonna take something to wake people up. Sadly, it’ll have to be things far more and far worse than this.

Comment by Ben Jones
2015-12-18 07:02:02

I don’t know. I keep coming back to the fact that a bee sting is more likely to kill me. Does anyone get up every morning to post on the HBB (of all places) “Bee sting kills man in Florida! Run for your life!”

I haven’t seen it if it happens.

Comment by 2banana
2015-12-18 07:11:34

How many bees took down the World Trade Center for the greater glory of mad mo?

Or the thousands of other muslim attacks on infidels world wide since?

Be a good infidel. Don’t question. Don’t ask.why. Just accept your fate.

I don’t worry about getting AIDS every morning either but I am sure not hanging out at a Charlie Sheen party.

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Comment by Ben Jones
2015-12-18 07:18:42

10 Incredibly Bizarre Death Statistics (death … - Oddee
http://www.oddee.com/item_98002.aspx
Dec 12, 2011 - But did you know that enough people die from falling out of bed or getting a snack out of a vending machine that these things qualify as death …
Vending Machines More Hazardous Than Sharks | Heal the …
http://www.healthebay.org › Blog › Heal the Bay Blog
Heal the Bay
Vending machines are roughly twice as deadly as sharks. … the way the media and popular culture has portrayed them – as evil killing machines. … falling over each other and practically trampling their students in order to get in the water and …
25 shocking things more likely to kill you than a shark - WNYY
wnyyradio.com/…/25-shocking-things-more-likely-to-kill-you-th…
WNYY
Aug 5, 2013 - Falling coconuts cause about 150 deaths annually. … 37 people were killed trying to get a snack from a vending machine from 1978 to 1995.

People also ask
How do ants kill humans?
Ants kill 30 people per year. There are over 280 different species of ants that can kill, and the fire ant and Siafu ants of Africa are among the most deadly. Since they live in colonies up to 20 million strong, once an attack begins ants can easily overpower their prey.
10 Incredibly Bizarre Death Statistics (death statistics) - ODDEE
http://www.oddee.com/item_98002.aspx
Search for: How do ants kill humans?
Do coconuts kill more than sharks?
“Falling coconuts kill 150 people worldwide each year, 15 times the number of fatalities attributable to sharks,” said George Burgess, Director of the University of Florida’s International Shark Attack File and a noted shark researcher.
Falling Coconuts Kill More People Than Shark Attacks - U
http://www.unisci.com/stories/20022/0523024.htm
Search for: Do coconuts kill more than sharks?
How many people are killed by hippos each year?

 
Comment by Ben Jones
2015-12-18 07:23:23

Bush Warned of Hijackings Before 9-11 - ABC News
abcnews.go.com/US/story?id=91651
Fleischer insisted that Bush did not ignore the threats, saying that hijacking warnings were something that past White Houses have faced for decades. No one …
‘They’re coming here’: Bush admin. ignored multiple pre-9 …
https://www.rt.com/usa/321984-bush-ignored-911-terror-warnings/
RT
‘They’re coming here’: Bush admin. ignored multiple pre-9/11 warnings – report. Published time: 14 Nov, 2015 04:56. Get short URL. The remaining tower of …
September 11 intelligence before the attacks - Wikipedia …
https://en.wikipedia.org/…/September_11_intelligence_before...
Wikipedia
… may have existed prior to the attack and if this information was ignored by authorities. Contents. [hide]. 1 Clinton era report; 2 April 2001 Massoud speech; 3 Bush era reports … Another warning came from Ahmad Shah Massoud, leader of the … Massoud was assassinated by al-Qaeda two days before the 9/11 attacks on …
The Pre-9/11 Warnings Bush’s Team Ignored Were … - Slate
http://www.slate.com/…/george_w_bush_s_white_house_ignored_these_e...
Slate
Nov 13, 2015 - The threat warnings that George W. Bush’s White House received—and ignored—prior to the 9/11 terrorist attacks were more dire than …
New Report Reveals Bush Administration Ignored Dire Pre …
thinkprogress.org/…/new-report-reveals-bush-administrati…
ThinkProgress
Nov 13, 2015 - An explosive new report in Politico reveals that the Bush administration ignored a dire, pre-9/11 warning that al-Qaeda was planning to strike …
The Bush White House Was Deaf to 9/11 Warnings - The …
http://www.nytimes.com/…/09/11/…/the-bush-white-hous...
The New York Times
Sep 11, 2012 - In the aftermath of 9/11, Bush officials attempted to deflect criticism that they had ignored C.I.A. warnings by saying they had not been told when …
Ex-CIA director: White House ignored months of warnings …
http://www.rawstory.com/…/ex-cia-director-bush-ignored-mont...
The Raw Story
Nov 13, 2015 - … ignored months of warnings about 9/11 to avoid leaving ‘paper trail’ of culpability … President George W. Bush on 9/11/2001 - screenshot.
Bush administration ignored CIA terror warnings two months …
http://www.dailymail.co.uk/…/Cofer-Black-George-Tenet-say-Bush-ad…Daily Mail
Nov 14, 2015 - Bush administration ignored CIA warnings in the months before 9/11 that ’spectacular’ terrorist attack on the U.S. was imminent and ‘just didn’t …
Images for bush ignored 9/11 warnings

 
Comment by wondering
2015-12-18 07:46:35

Wow Ben, thanks for the post!

I’m a progressive/liberal voter and continue to be horrified by the Republican amnesia concerning Bush-43’s ineptitude.

I am no fan-boy of Hillary but compared to the Republican choices the decision is clear.

 
Comment by 10-4GoodBuddy!
2015-12-18 07:53:29

This is a good thing to come back to. I agree, it is incredibly rare and we don’t need to spend all that has been spent, probably not a tenth of it. But we just have to search grandma in her wheelchair because of hurt feelings.

Still, with 3 million US Muslims, the polling data would suggest that there are more than 100,000 hardcore radical jihadi sympathizers among that group in the US. Loretta Snachez - D, Ca puts it at 5-20 percent or 150,000 to 600,000. That absolute number has the chance of changing the stats real quick at some point.

See the small group of backwards bullshit goat herders (fundamentalist jihadis) for the murderous evil that they are and focus on that problem efficiently.

 
Comment by MightyMike
2015-12-18 07:57:24

Well, if they don’t do anything more than sympathize, that’s not something to worry about. There are probably more Americans who sympathize with the guy who shot up Planned Parenthood.

 
Comment by scdave
2015-12-18 08:02:31

Bush administration ignored CIA warnings in the months before 9/11 ??

Because, behind that evangelical cloak, is a evil person…He needed a terrorist attack that would give him the reasoning to attack Iraq…Foiling the attack did not play into the neocon narrative… It was all planned…It was all theater….All the blood and carnage since is on his hands…

 
Comment by 10-4GoodBuddy!
2015-12-18 08:05:52

Sympathizing means protecting, like the momma of the San Berdoo shooter who was living with them while they went on the Internet watching radical ISIS propaganda and made IEDs.

 
Comment by Ben Jones
2015-12-18 08:15:52

‘the chance of changing the stats real quick at some point’

The chance and stats say a coconut is more likely to kill me. At some point? This is what statistics are saying; we are being robbed blind by the Threat Inflation Complex, and they are taking our liberties too.

Did you see the latest budget deal? This is ongoing but all they need is a little ooga-booga from time to time to freak people out.

For instance, we are told, Mexicans/Muslims are over-running the country! Then the GOP passes a budget that pays for it. These guys aren’t serious. Nobody in DC gives a crap about the people. This is why Trumps immigration ban was very instructive: he simply said “Ooga-booga? Stop the flow.” And everybody screamed to high heaven, “Racist! Hitler!”

It’s like the ebola thing. Just stop the flights from Africa until it dies down. “Racist!!”

 
Comment by MightyMike
2015-12-18 09:25:44

No, sympathizing doesn’t mean protecting. One is a mood or an attitude. The other is an activity.

 
Comment by oxide
2015-12-18 13:55:58

Sympathizing isn’t action in itself, but it generates a level of comfort with the philosophy such that a fellow sympathizer is encouraged to rise to the level of action. Almost like peer pressure.

 
Comment by 10-4GoodBuddy!
2015-12-18 18:03:07

.sympathizing was me being kind. The poll numbers are much more shocking. 20 percent believing in violent jihad and it’s okay to do so in the us. 20 effing percent of 3 million.

 
 
Comment by The Selfish Hoarder
2015-12-18 07:17:08

I agree. I have more fear of road pirates than Muslims.

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Comment by Red Pill
2015-12-18 07:33:07

Europe is toast due to Muslim immigration.

We will eventually be toast due to immigration of poors and jihadists.

The freaks in our congress are funding resettlement of Migrants and funding increased work visas for service related jobs. Not to mention community organizers paid to walk said migrants through all of the subsidized housing, welfare and food stamp applications.

How does this help the tax paying citizens of the United States? This crap has to stop.

 
Comment by wondering
2015-12-18 07:41:27

Cheeseburgers and fried chicken are killing more Americans than all muslim terrorists combined

 
Comment by Professor Bear
2015-12-18 07:46:19

I have more fear of Donald Trump and Hillary Clinton than of Muslims.

 
Comment by Red Pill
2015-12-18 07:49:42

It’s not about current death tallies, it’s about a culture that has proven itself unable or more likely unwilling to assimilate to western culture. Sharia is not compatible with western culture. Get it?

 
Comment by Professor Bear
2015-12-18 08:05:13

Sharia is not synonymous with Muslim. Get it?

 
Comment by 10-4GoodBuddy!
2015-12-18 08:08:14

Who are you to say Sharia is not compatible? What percent of Muslims disagree? 10 percent? 20, 30? What percentage of Middle East Muslims disagree?

 
Comment by wondering
2015-12-18 08:09:39

RE: Islam incompatible with Western Values

You could say the same thing about (fundamental) Christians -refusing to serve gays, respect their matrimony, shooting doctors that violate their religious views.

“Nuts” are incompatible with any civilized society. Muslim (and some Jewish) women who where a hijab are no threat to me.

 
Comment by Red Pill
2015-12-18 08:19:33

Poll of U.S. Muslims Reveals Ominous Levels Of Support For Islamic Supremacists’ Doctrine of Shariah, Jihad

https://www.centerforsecuritypolicy.org/2015/06/23/nationwide-poll-of-us-muslims-shows-thousands-support-shariah-jihad/

Next.

 
Comment by Ben Jones
2015-12-18 08:34:28

‘Ominous Levels Of Support For Islamic Supremacists’ Doctrine’

Do I need to provide numerous links showing the US helped create and support ISIS and Al-Quad again? First rule if you don’t like head chopping jihadists; stop giving them money!

 
Comment by Red Pill
2015-12-18 08:46:40

“Do I need to provide numerous links showing the US helped create and support ISIS and Al-Quad again? First rule if you don’t like head chopping jihadists; stop giving them money!”

I agree. McCain, Hildabeast, Graham, Rubio, Obama, Power and Jarrett armed and trained what is now ISIS. Turns out Neocon and Globalist Progressive regime change has consequences.

Sharia infiltrators are flooding Europe and the United States with the goal of Islamic Supremacy. This has been going on for decades.

Is it possible to deal with the here and now without moral equivalency and political correctness? A moratorium on immigration is needed and it’s needed now…

 
Comment by oxide
2015-12-18 09:11:00

Ben, I don’t think the US created the original problem. The underlying philosophy was always there; it was just tamped down by various dictators. Knock out the dictators and the philosophy is free to roam. Quite literally, whether on the internet or a northbound train in Greece.

Nor do I see the value in cutting off money, at least in preventing attacks outside the ME. These attacks are very cheap, as we’ve seen.

 
Comment by Ben Jones
2015-12-18 09:14:52

‘Nor do I see the value in cutting off money’

Obama agrees with you. That’s why he didn’t touch their oil trucks until Putin embarrassed him with photos of them lined up going to Turkey.

 
Comment by oxide
2015-12-18 09:35:58

I’m still not buying it. What if Obama blew up every oil truck (on its way to fuel a wedding, of course) and confiscated all the exorbitant taxes* that these folks extract in ME countries? How is that going to stop a home-grown radical in California from taking out a personal loan from an online bank in Utah? Or some other upstanding member of society from buying a clock or a pressure cooker or a box cutter from Wal-Mart? Or anyone buying a few guns legally anywhere?

The problem is the philosophy.

————-
*more on their sources of money: http://www.pbs.org/newshour/bb/islamic-state-richest-terrorist-armies-in-history/

 
Comment by Ben Jones
2015-12-18 10:02:23

‘How is that going to stop a home-grown radical’

It’s not but there might be 300,000 people who aren’t dead in Syria if the US didn’t get involved.

‘In Al Jazeera’s latest Head to Head episode, former director of the Defense Intelligence Agency Michael Flynn confirms to Mehdi Hasan that not only had he studied the DIA memo predicting the West’s backing of an Islamic State in Syria when it came across his desk in 2012, but even asserts that the White House’s sponsoring of radical jihadists (that would emerge as ISIL and Nusra) against the Syrian regime was “a willful decision.” [Lengthy discussion of the DIA memo begins at the 8:50 mark.]‘

‘Amazingly, Flynn actually took issue with the way interviewer Mehdi Hasan posed the question—Flynn seemed to want to make it clear that the policies that led to the rise of ISIL were not merely the result of ignorance or looking the other way, but the result of conscious decision making.’

Hasan: You are basically saying that even in government at the time you knew these groups were around, you saw this analysis, and you were arguing against it, but who wasn’t listening?

Flynn: I think the administration.

Hasan: So the administration turned a blind eye to your analysis?

Flynn: I don’t know that they turned a blind eye, I think it was a decision. I think it was a willful decision.

Hasan: A willful decision to support an insurgency that had Salafists, Al Qaeda and the Muslim Brotherhood?

Flynn: It was a willful decision to do what they’re doing.

‘Hasan himself expresses surprise at Flynn’s frankness during this portion of the interview. While holding up a paper copy of the 2012 DIA report declassified through FOIA, Hasan reads aloud key passages such as, “there is the possibility of establishing a declared or undeclared Salafist principality in Eastern Syria, and this is exactly what the supporting powers to the opposition want, in order to isolate the Syrian regime.”

‘Rather than downplay the importance of the document and these startling passages, as did the State Department soon after its release, Flynn does the opposite: he confirms that while acting DIA chief he “paid very close attention” to this report in particular and later adds that “the intelligence was very clear.”

‘Lt. Gen. Flynn, speaking safely from retirement, is the highest ranking intelligence official to go on record saying the United States and other state sponsors of rebels in Syria knowingly gave political backing and shipped weapons to Al-Qaeda in order to put pressure on the Syrian regime.’

Hasan: In 2012 the U.S. was helping coordinate arms transfers to those same groups [Salafists, Muslim Brotherhood, Al Qaeda in Iraq], why did you not stop that if you’re worried about the rise of quote-unquote Islamic extremists?

Flynn: I hate to say it’s not my job…but that…my job was to…was to ensure that the accuracy of our intelligence that was being presented was as good as it could be.

 
Comment by Blue Skye
2015-12-18 10:11:48

Oxy, it may not cost much for the agency you work for to send someone out for donuts or something. However if your agency lost its funding, these inexpensive trips would be much less likely.

 
Comment by oxide
2015-12-18 12:15:04

Blue, the analogy doesn’t apply.

The guy in San Bernadino wasn’t sent for donuts by an “agency,” so to speak. Effectively, he went out and got his own donuts on the side. And even if his agency did fund him and then cut off the money, he could simply borrow money to continue to buy his own donuts, which is what he did.

In fact, I surmise that cutting off the money to such organizations would lead to MORE small-scale attacks and fear. Some coalition might choke off most of the money, but they can’t get all of it. And I’m sure they have some savings hidden away somewhere. So, what do you do on a reduced budget? You discontinue the expensive operations, like armies and occupations, and continue the cheap operations, like small scale attacks.

 
Comment by Wondering
2015-12-18 12:51:44

Didn’t Bin Laden spell out the three reasons he was attacking the USA? I think they all centered on supporting illegitimate governments all over SW Asia (what we call the Middle East).

I think Oxy is right that homegrown shooting terrorists would be unaffected by cutting off the money. Stopping the export of Wahabism might help.

 
 
Comment by cactus
2015-12-18 11:41:39

I thought killer bees would de-populate the southwest by now.

Kingdom of fear

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Comment by Mr. Banker
2015-12-18 13:21:36

“Kingdom of fear”

God’s gift. So easy to rule.

 
Comment by CHE
2015-12-18 13:53:16

Oh yeah.. totally forgot about the killer bees..

I remember ominous warnings when I was a young lad. Now, you never hear about them.

 
Comment by Wondering
2015-12-18 15:20:31

Here’s a little update showing their spread through 2007 now in FL,OK,CA and the SW is engulfed.

I don’t live in those places. I’m curious if those that do hear horror stories or at least strong warnings.

 
Comment by Wondering
2015-12-18 15:23:18
 
Comment by Combotechie
2015-12-18 16:14:15

Psssst … maybe the bees were … raptured.

“Missing Bees, Cell Phones and Fulfillment of Bible Prophecy”

(I have a link so it must be true)

“Bees have been disappearing at an alarming rate. Learn how these missing bees relate to the use of cell phones, and the fulfillment of Bible prophecy.”

(snip)

“It seems like the plot of a particularly far-fetched horror film. But some scientists suggest that our love of the mobile phone could cause massive food shortages, as the world’s harvests fail.

“They are putting forward the theory that radiation given off by mobile phones and other hi-tech gadgets is a possible answer to one of the more bizarre mysteries ever to happen in the natural world - the abrupt disappearance of the bees that pollinate crops. Late last week, some bee-keepers claimed that the phenomenon - which started in the US, then spread to continental Europe - was beginning to hit Britain as well.”

(snip)

Next up: “Supporting evidence” taken from the Bible …

“Revelation 6:6

“‘Then I heard what sounded like a voice among the four living creatures, saying, “A quart of wheat for a day’s wages, and three quarts of barley for a day’s wages, and do not damage the oil and the wine!’

“Although the Bible plainly speaks of great famine in the last days, the prophetic words of Revelation 6:6 states that the olive and grape harvest will not be damaged.”

http://www.christiannewswire.com/news/27552961.html

 
 
 
 
Comment by Raymond K Hessel
2015-12-18 07:08:29

95% of ‘Muricans voted for open borders and unrestricted immigration with their votes for Obama, McCain, and Romney. That’s why we are gracefully accepting this Trojan Horse.

Comment by The Selfish Hoarder
2015-12-18 07:21:17

Wrong. It is 95% of the sheep who VOTED.

Note in 2014 70% of the eligible voters did not vote.

Maybe the American public is better than you think.

In 2012 60 percent of the eligible voters did not vote. 79% of the eligible voters did not vote for Obama. 81% of the eligible voters did not vote for Romney. 60% of the eligible voters, A MAJORITY voted for NOBODY.

Comment by scdave
2015-12-18 08:05:58

A MAJORITY voted for NOBODY ??

Then look in the mirror and see that you are the problem….If you don’t vote, don’t complain…

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Comment by The Selfish Hoarder
2015-12-18 08:09:52
 
Comment by The Selfish Hoarder
2015-12-18 08:41:11

It is the opposite. My conscience is clear. I am not responsible for the assassin drone killing innocents all over the world. I betcha Oxide voted for O in 2012. By voting for neoconservatives like O, she voted for more defense spending and to make defense contractors like myself richer. I never thanked Oxide but…thanks Donk!

 
Comment by scdave
2015-12-18 08:58:42

I am not responsible for the assassin drone killing innocents all over the world ??

Maybe not…But you are irresponsible for not voting for the other guy/gal (whom ever that could be) that has a different policy position…Even if you write the name in….Don’t vote ?? Don’t complain…

 
Comment by The Selfish Hoarder
2015-12-18 09:02:15

If you vote you have no right to complain. Your candidate who won screwed up, it is your fault.

 
Comment by Blue Skye
2015-12-18 10:16:51

I think not voting is saying not caring. I know the PTB runs the beauty contest, but if 70% wrote in “Mickey Mouse” for president, I think it might be lead to a game change. Even 10%.

 
Comment by scdave
2015-12-18 11:01:12

I think not voting is saying not caring ??

And the extension of that is “not complaining” about policy…If you don’t care then don’t complain…

 
Comment by The Central Scrutinizer
2015-12-18 11:48:40

Voting doesn’t matter. The tax money you send in to fund these invasions does.

 
Comment by scdave
2015-12-18 12:42:35

Voting doesn’t matter. The tax money you send in to fund

Taxes are not a “option” that is unless you want to go to prison…Voting is and the point is if you don’t want to vote fair enough but don’t complain….If you want to complain, you got to be able to say I voted for X even if X is none of the above…register your rejection or displeasure…Thats what voting is all about…taking a interest in rather than “I don’t Care”…

 
Comment by The Central Scrutinizer
2015-12-18 13:07:53

They are an option. If you keep your income low enough, you don’t pay taxes.

For all the high and mighty huffing and puffing around here, I don’t see anybody doing what’s really necessary to put an end to this foolishness. Just a bunch of Sunday afternoon patriots that can be scared into supporting pretty much anything by a picture of some guy with a towel on his head.

 
Comment by scdave
2015-12-18 13:53:58

If you keep your income low enough, you don’t pay taxes ??

Thats a interesting take…So, Mr. employer, will you give me a “pay-cut” please so I don’t have to pay income taxes that way, like the Scrutinizer, I will not be supporting the USA budget…

 
Comment by The Central Scrutinizer
2015-12-18 20:40:13

You don’t HAVE to work at all. Strikes have been an effective tool against oppression throughout history.

 
 
 
 
Comment by Red Pill
2015-12-18 08:49:23

Our elected officials serve La Raza, CAIR and the Muslim Brotherhood, not taxpayers. That is a problem doncha think?

Comment by The Central Scrutinizer
2015-12-18 10:11:37

It indicates paranoia and gullibility in the people that believe it.

Comment by Red Pill
2015-12-18 20:37:03

If you open your biased eyes, you would see that what I said is as evident as the sky is blue.

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Comment by Red Pill
2015-12-18 20:45:58

Oh, and I think I left the Saudis off the list…sorry, they should have been listed first.

 
Comment by The Central Scrutinizer
2015-12-18 23:04:10

Better understanding through pills.

 
 
 
Comment by The Central Scrutinizer
2015-12-18 10:55:28

“According to a new Public Policy Polling (PPP) poll, 30 percent of Republican primary voters nationally support bombing Agrabah, the made up home of Disney’s Aladdin, and 34 percent support Donald Trump for president”

Comment by 10-4GoodBuddy!
2015-12-18 18:08:19

19 percent of democrats also. With margin of error this only shows that generally Rs are more in favor slightly of use of military force.

Do the same type poll asking Ds about banning dihydrogen monoxide for contributing to global warming and you get the same skew.

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Comment by Professor Bear
2015-12-18 20:53:11

Is the point of this story to point out that if one angry old white Christian terrorist shoots up a Planned Parenthood clinic, then all angry old white Christians should be banished from the U.S.?

 
 
Comment by Hard Rain
2015-12-18 03:49:48

A nominee for the HBB soundtrack. Sweet voice.
https://www.youtube.com/watch?v=1NVOawOXxSA

Comment by Raymond K Hessel
2015-12-18 07:10:42

This one by Townes Van Zandt may be more apropos given the hard times that are coming.

https://www.youtube.com/watch?v=7yw8O2mdrxs

 
Comment by oxide
2015-12-18 07:27:12

sweet voice

Ah yes, the dime-a-dozen emo voice that needs to be filed down with an emory board. Attempting to bring back the “glory” days of grunge from 25 years ago. Not that grunge was any good. They called it “grunge” for a reason.

Comment by Oddfellow
2015-12-18 07:35:48

That was grunge?

 
Comment by Raymond K Hessel
2015-12-18 07:58:55

Townes Van Zandt “grunge”? Are you on crack?

 
 
Comment by Mafia Blocks
2015-12-18 08:43:15

A fitting accurate nomination for the Global Credit Bubble and price rigging and fixing scheme.

https://youtu.be/kK62tfoCmuQ

A nominee for the HBB soundtrack and Trump Theme but only when cranked to 11.

https://youtu.be/ixm2KvrnmCk

 
 
Comment by Donald Trump
2015-12-18 04:35:17

Trumped

Comment by Vladimir
2015-12-18 05:43:49

You are cordially invited to attend my New Year’s Eve house party at my dacha outside St. Petersburg. Please bring Melania.

 
Comment by Oddfellow
2015-12-18 07:25:34

Hey Trump, I hear Putin just endorsed you. Does that mean he sees you as the easiest to manipulate?

Comment by Ben Jones
2015-12-18 07:40:14

http://thehousingbubbleblog.com/?p=9406#comment-2507656

Comment by Ben Jones
The sad pandas aren’t going to like this:

‘Diane Farmer, 54, is a lifelong Democrat from the New York City area now living in Palm Beach County, Fla. She attended Catholic schools and later belonged to unions while working for a phone company and then in a court clerk’s office. She voted for Barack Obama in 2008 and 2012. But Farmer says she’s never been more excited about a candidate than she is this time. Her choice? Donald Trump.’

‘The convert to Trumpism shared her enthusiasm while stopping by glitzy Trump Tower on New York’s Fifth Avenue to pick up her fifth “Make America Great Again” cap (free with every $30 campaign contribution). “What he’s saying is what everybody’s thinking,” she said. “Too many people are getting free stuff. We should send the illegals out of the country. I want them off welfare and food stamps. Go home, and come back again when you’re ready to work.” As for the Middle East: “We should have dropped the bomb and ended the issue. We need to annihilate that, uh …,” she said, trailing off.’

‘This holiday season, Trump’s glowing fireplace of fury is firing up people like Farmer who used to look to the left—as well as a surprisingly wide swath of the Republican Party—for answers. He’s scoring his highest numbers ever among Republican primary voters—35 percent, according to the latest New York Times/CBS News poll. Enthusiasm for him only grew after he called for a ban on Muslims entering the country. To some, he seems divisive, but not to Farmer. “I thought Obama would be a unifier since he’s black and white and Muslim [sic]. But he’s an antagonizer,” she said. “We need to try something different. We can’t live like this.”

‘Yup, it’s an angry Christmas, and it’s worth thinking about why. Something has changed to create such a shift in the public’s leanings, from taking a chance on Obama’s audacity of hope to delighting in Trump’s straight-up audacity.’

‘But the most potent fuel for Trumpism is undoubtedly the sick economy. A long stretch of underperformance has seeded mistrust in the American Dream among millions of would-be breadwinners, especially people without college educations.’

‘As everyone knows by now, a winner-take-all economy is producing big gains for a thin stratum at the top but little for anyone else.’

http://www.bloomberg.com/news/articles/2015-12-17/why-this-year-s-christmas-season-is-so-angry

A life long Democrat - from New York!

‘I thought Obama would be a unifier since he’s black and white and Muslim’

Comment by Ben Jones

Oddfellow is gonna have an aneurysm:

‘Russian President Vladimir Putin on Thursday described US Republican presidential hopeful Donald Trump as “talented” and “outstanding,” welcoming his stance on Russia. “He is a very outstanding man, unquestionably talented,” Putin told journalists after his annual press conference in Moscow.’

“It’s not up to us to judge his virtue, that is up to US voters, but he is the absolute leader of the presidential race,” Putin added.’

http://news.yahoo.com/putin-calls-trump-outstanding-talented-man-agencies-005747627.html

Comment by Oddfellow
2015-12-18 07:43:07

We all know Putin wants what’s best for America.

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Comment by Mafia Blocks
2015-12-18 07:55:54

Lola,

Vladimir Putin lives in your empty skull, rent-free.

 
 
Comment by oxide
2015-12-18 08:00:24

Admittedly, Farmer is a bit extreme (Obama a Muslim?), but look at her vital stats. Union, registered Dem, voted Obama twice. Those stats would peg her as a Hillary voter. Yet, here she is going out of her way to buy a Trump hat.

The ultra-left who repeatedly say they don’t fear Trump should pay special attention to voters like Diane Farmer.

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Comment by Wondering
2015-12-18 15:12:05

It indicates paranoia and gullibility in the people that believe it.

If they like much about Trump, I don’t see what Hillary could do to pander to them.

 
 
Comment by Professor Bear
2015-12-18 08:02:59

‘But the most potent fuel for Trumpism is undoubtedly the sick economy. A long stretch of underperformance has seeded mistrust in the American Dream among millions of would-be breadwinners, especially people without college educations.’

A bad economy helped Hitler rise to power.

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Comment by oxide
2015-12-18 09:01:08

A bad economy helped Obama rise to power. And Reagan before that, and FDR before that. Are they all fascists too?

The most potent fuel for Trumpism is the destruction of American jobs through globalism, technology, worker protections, pollution standards, and an American dollar which stretches pretty far in third-world countries.

 
Comment by Ben Jones
2015-12-18 09:06:42

‘Are they all fascists too?’

Yes.

 
Comment by scdave
2015-12-18 09:17:25

seeded mistrust in the American Dream among millions of would-be breadwinners, especially people without college educations.’ ??

Now add to that the millions that have a “Felony” tattooed on the forehead…

 
Comment by Mr. Banker
2015-12-18 09:33:28

“… people without college educations.”

Bahahahahaha …I can’t allow this remark to slide by … untouched:

“Sadness, shame and blame at Yale over First Amendment repeal video”

http://www.foxnews.com/us/2015/12/18/sadness-shame-and-blame-at-yale-over-first-amendment-repeal-video.html

 
Comment by Mafia Blocks
2015-12-18 10:46:56

“The most potent fuel for Trumpism is the destruction of American jobs through globalism”

Already accomplished by Mr. Trumps predecessors.

LaborForce Participation Rate Plummets To 37 Year Low; Jobless Population At Record High

http://data.bls.gov/timeseries/LNS11300000

 
 
Comment by The Selfish Hoarder
2015-12-18 09:28:54

The lady says too many people are getting free stuff and she voted for Obummer in 2008 and 2012?

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Comment by Red Pill
2015-12-18 07:41:23

Yeah, like the Hildabeast is the new Thatcher.

 
 
Comment by Professor Bear
2015-12-18 07:48:10

Dumped

 
Comment by Mafia Blocks
2015-12-18 07:49:18

Trump….. A Superb statesman with a squad of sexy strumpets.

Comment by Ben Jones
2015-12-18 08:04:26

‘The ultra-left who repeatedly say they don’t fear Trump’

I was thinking about this; are there any signed-up Republicans here who don’t like Trump?

Comment by Mafia Blocks
2015-12-18 08:07:46

Doubtful given the amount of Trump signs from Maine to Ohio.

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Comment by Mr. Banker
2015-12-18 08:19:11

I like them all, that’s because I own them all.

Congress critters as well.

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Comment by The Central Scrutinizer
2015-12-18 10:16:13

The ones that can string together a coherent sentence seem to be hedging. The morons are all in.

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Comment by azdude
2015-12-18 05:38:05

how much of the 1 trillion in options will expire worthless today?

Comment by Jingle Male
2015-12-18 06:34:45

Most. That’s usually true.

 
Comment by Professor Bear
2015-12-18 07:49:56

I guess Dan’s $80 December 2015 call options on oil are set to expire worthless.

Comment by Jingle Male
2015-12-18 08:37:53

+80 Good one!

 
 
 
Comment by aNYCdj
2015-12-18 05:44:09

Le Cordon Bleu, Julia Child’s cooking school, closing all 16 U.S. campuses

http://www.nydailynews.com/life-style/eats/le-cordon-bleu-julia-child-cooking-school-closing-article-1.2468696

Comment by 10-4GoodBuddy!
2015-12-18 06:21:00

“The culinary empire first showed signs of collapse after settling a 2013 class action lawsuit for $40 million led by former students who alleged that Career Ed recruiters oversold their job prospects after graduation. Many complained that they made salaries of just $12 an hour after earning degrees from the prestigious academy, and worked in menial jobs such as line cooks and baristas that did not require costly training.”

YouTube makes stuff like this ridiculously worthless anyhow.

Comment by oxide
2015-12-18 07:43:13

It’s worth putting in a few more details from the article:

——————–
“The 115-year-old culinary brand is famous for teaching the original celebrity chef in its Paris flagship in 1950. The cooking and hospitality institution eventually rose into a chain of American for-profit schools from Atlanta to Austin that churned out degrees in culinary arts, hospitality and management, along with cooking classes.

…Tuition runs between $16,000 and $42,500 a year, according to Le Cordon Bleu’s 2014-2015 catalog.”

New federal regulations make it difficult to project the future for career schools that have higher operating costs, such as culinary schools that require expensive commercial kitchens and ongoing food costs,” said Career Education CEO Todd Nelson in a statement.
——————–

I think it’s pretty sad that the once hi-qual Le Cordon Bleu sunk to the level of basically skimming taxpayer funded student loans. I’m glad these new “crushing regulations” shut them down.

What dimwits pay $42K/year for home ec? You could get a STEM degree at a very good state school, including room and board, for half the cost.

Comment by Blue Skye
2015-12-18 12:51:55

Pretty accurate Oxy. Here is the school where my mother got her Home Ec teacher’s ed.

http://www.potsdam.edu/admissions/financial/cost.cfm

Add to this the cost of a very warm winter coat.

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Comment by wondering
2015-12-18 07:49:29

Seems like Youtube/Khan academy could replace a good chunk of our educational institutions.

Comment by 10-4GoodBuddy!
2015-12-18 07:57:36

Thank the lord for that. And they’ll teach you to play Minecraft better also.

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Comment by Mafia Blocks
2015-12-18 08:00:47

Now we understand the source of the self-styled Donk-O-nomics. KonAcademy by Bank of America.

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Comment by MightyMike
2015-12-18 07:55:12

YouTube can’t taste a student’s food and tell him if it’s any good.

 
 
Comment by 2banana
2015-12-18 06:32:54

A sign of the apocalypse?

Comment by scdave
2015-12-18 07:18:27

Here you go 2-fruit…Looks like the Long Island republicans are just as guilty of throwing the largess at their municipal employees as the democrats you disparage…This one is about as bad as it gets…Take a look at these numbers;

http://www.city-journal.org/2015/25_4_long-island-fiscal-crash.html

Comment by taxpayers
2015-12-18 07:35:19

unionized gov workers are scarier than jihadis
FDR warned

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Comment by 10-4GoodBuddy!
2015-12-18 08:01:11

Traditionally conservative cops and firefighters corrupted by union crookedness and promises of outlandish pensions. This is the heart of many of the problems.

The border industrial complex is composed of unionized border patrol and TSA employees. A wall takes many jobs.

 
 
Comment by wondering
2015-12-18 08:14:24

I read that only a few states (and not many countries) have a budget as big as Suffolk county.

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Comment by Bluto
2015-12-18 11:22:32

That can’t be right, the linked article above says the Suffolk County budget is $3.4B.
However per the article below, the City and County of San Francisco with a budget of $9B is ahead of 10 states….

http://www.sfchronicle.com/bayarea/article/A-city-with-an-8-96-billion-budget-should-be-6311442.php

 
 
 
 
Comment by Cracker Bob
2015-12-18 06:55:44

I think Julia went to the real school in France; not this “for profit”, US government loan supported enterprise.

 
Comment by Puggs
2015-12-18 11:37:46

CONTRACTION.

 
 
Comment by Mafia Blocks
2015-12-18 06:01:42

Worthless housing. Worthless worthless housing. Housing is worth less and less with each passing day.

 
Comment by 10-4GoodBuddy!
2015-12-18 06:22:48

Yeah breaker one nine this here’s the Rubber Duck
Uh, you got a copy on me Pig Pen C’mon
Uh yeah Ten-Four Pig Pen fer sure fer sure.
By golly it’s clean clear to Flag Town, C’mon
Yeah its a big Ten -Four there Pig Pen
Yeah we definitely got the front door, good buddy
Mercy Sakes Alive looks like we’ve got us a convoy

Comment by Raymond K Hessel
2015-12-18 06:44:51

The ’70s called. It wants its song back.

 
Comment by 2banana
2015-12-18 06:48:53

You can buy Coors east of the Mississippi nowadays…

Comment by scdave
2015-12-18 09:23:01

You can buy Coors east of the Mississippi nowadays ??

I remember well the days when you could not…That shows you the political power that Anheuser-Busch had…

Comment by Oddfellow
2015-12-18 09:31:39

East bound and down, loaded up and truckin’,

We gonna do what they say can’t be done…

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Comment by Ben Jones
2015-12-18 09:50:50

‘the political power that Anheuser-Busch had’

They controlled it. In 2005 when I started writing for a beer magazine, it took four years to get a craft-beer bottle label approved in Arizona. Now you can roll out an entire brewery in weeks and the beer is better than anything AB ever made.

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Comment by Cracker Bob
2015-12-18 06:57:25

Go ahead, you got the Carolina Cowboy; any chicken chokers out there, kick it back!

Comment by 10-4GoodBuddy!
2015-12-18 18:09:43

This made my day Cracker. Funny.

 
 
 
Comment by Jingle Male
2015-12-18 06:30:06

It is almost time to dig out the HBB annual predictions from last year!

I never thought oil would be $35/barrel and I never thought my house would Zillow at twice what I paid for it in 2010. It is a curious world. Both happened this year!

Comment by Combotechie
2015-12-18 06:50:56

“I never thought my house would Zillow at twice what I paid for it in 2010.”

Zillow! Zillow yourself up to endless wealth.

My houses Zillowed itself up by almost ten thousand dollars over the past thirty days. Ten thousand dollars! In thirty days!

Either I am a financial genius or I am surrounded by fools.

I would like it to be door number one but most likely it’s door number two.

This, too, shall (painfully) pass.

 
Comment by Mafia Blocks
2015-12-18 07:32:48

9 underwater shacks with negative cashflow and not a buyer in sight Jingle_Fraud.

 
Comment by Professor Bear
2015-12-18 08:08:37

I predict your house will be worth less in five years than it is today, even according to Zillow.

Comment by Jingle Male
2015-12-18 08:46:44

You may be right PB.

However I like to consider that $719 goes to principal reduction this month and $982 to interest. I will see $45,000 in principal pay down in 5-years and I still pay $500/month less than it costs to rent a similar property. It seems like a win/win to me.

I am really happy with my purchase in 2010 at very close to rock bottom of the HBB meltdown.

Comment by Mafia Blocks
2015-12-18 08:49:27

The bottom is a long way down and you’re standing right in front of it Jingle_Fraud.

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Comment by Jingle Male
2015-12-18 09:03:41

You must regret not buying a house in 2010 and still being stuck in your mommy’s basement HA. HA!

 
Comment by Mafia Blocks
2015-12-18 09:34:44

The price bottom is a long way down Jingle_Fraud.

 
Comment by Jingle Male
2015-12-18 09:48:25

You just keep repeating yourself over and over and over.

Comment by Housing Analyst
2013-12-10 05:43:45
“Game Over for Real Estate: Time to Short US Housing Market”

HA! How is that one working out for you! HA!

 
Comment by Mafia Blocks
2015-12-18 10:05:44

Are you sure?

Sacramento, CA Housing Craters; Prices Dive 6% YoY

http://www.zillow.com/market-report/12-15/268126/east-sacramento-sacramento-ca.xls?rt=14

 
 
Comment by The Central Scrutinizer
2015-12-18 12:08:17

This is what gets me about this board: nobody can admit they missed that opportunity.

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Comment by Ben Jones
2015-12-18 12:18:45

‘This is what gets me about this board’

I’ve been involved in buying more houses in these years than you will in your life.

 
Comment by Mafia Blocks
2015-12-18 12:24:25

Paying in excess of construction cost for a 20 year old house is not an opportunity.

 
Comment by Ben Jones
2015-12-18 12:45:35

I could have bought houses that would have tripled JM rents for what he spent. Now, they wouldn’t have “skyrocketed in value” either, but I wasn’t going for that. And what goes up can come down.

I’ve spent some time this month at the Maricopa trustee sales. There are always foreclosures and lots of games being played. Right now there is a bunch of hankey-pankey about who’s going to get the bag; the GSE’s or the mortgage insurance or the lender. It’s like hot potato. One I saw the other day was a house that had been foreclosed in 2006, flipped for double, resold in 2012 and now foreclosed again.

 
Comment by The Central Scrutinizer
2015-12-18 13:09:10

Did you turn a profit, Ben?

 
 
 
 
 
Comment by 10-4GoodBuddy!
2015-12-18 06:31:21

Oxide made oxide made a good point yesterday about all these people bitching about wanting to get dark money out of politics yet not supporting the one candidate who isn’t taking any.

It’s the same with all those bitching about the entrenched two party stranglehold. Well, here comes Trump to shake that up also, even if he is running as an R.

When it’s Trump v. Hillary, Hillary is the establishment. It ain’t an establishment year.

The pineapples claim that they want Trump cause he’ll surely lose, but notice how you don’t hear anything about Ds wanting to register as Rs in primaries to get Trump in.

Comment by Raymond K Hessel
2015-12-18 06:43:43

Bernie Sanders: right description of the problem, wrong prescription for a solution. But the FSA will eat it up.

 
Comment by Oddfellow
2015-12-18 07:32:03

all these people bitching about wanting to get dark money out of politics yet not supporting the one candidate who isn’t taking any.

Does Trump want to get dark money out of politics? Because that’s not the same as not needing it.

Comment by oxide
2015-12-18 08:43:28

One leads to the other. Because Trump has his own money, he doesn’t need DARK money. Which means that, if he wins, he won’t have any DARK donors whispering policy in his ear.

I’ve said this before. To paraphrase the famous saying: Trump may be a bastard, but he’s his OWN bastard.

Comment by Oddfellow
2015-12-18 09:21:40

But he’ll apparently allow dark money to influence the rest of the political system.

I also question the idea that Trump doesn’t need any more money. You don’t become a billionaire by stopping once you have all the money you need. By your logic, we should be governed only by billionaires, since they already have enough money and are therefore incorruptible.

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Comment by scdave
2015-12-18 09:29:17

Because Trump has his own money ??

He won’t spend it….Not in any meaningful & necessary way….At the end of the day, assuming he hangs around, he will do what he is best at…Spend other peoples money…

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Comment by Mafia Blocks
2015-12-18 09:39:16

A hot wife, piles o’ cash, a squad of sexy strumpets and headed to the WhiteHouse.

Instead of jealousy, why not go out and make your own rain?

 
Comment by oxide
2015-12-18 09:54:33

To answer your question, Trump doesn’t need to amass any more money to run for President. In 2012, Obama ran on $0.65 billion and Romney ran on $0.4 billion. Fortune Mag pegs Trump at $4.5 billion. So if Trump really had to and wanted to, he could fund his own campaign on 10-20% of his assets. I’m sure Melania could get by on $3.5 billion.

“By your logic, we should be governed only by billionaires,”

At least in Presidential politics, we ARE governed by billionaires — or, to be more accurate, by hundred-millionaires. Yes, I know, you’re idealistic, but you can’t win the office by greeting folks from your porch in Ohio anymore. No matter how you slice it, you need $400 million, and that has to come from somewhere.

 
Comment by Oddfellow
2015-12-18 10:07:03

Trump doesn’t need to amass any more money to run for President.

You’re missing my point about need vs. desire. Trump is still selling condos. Why would he do that? He has all the money he needs, according to you.

Because he wants more.

 
Comment by Mafia Blocks
2015-12-18 10:25:02

then get.a.job. Quit harping on the successful.

 
Comment by scdave
2015-12-18 11:07:30

he could fund his own campaign on 10-20% of his assets ??

But its throwing money down a rat hole because he can’t win…And knowing how important money & winning is to this egotist, he won’t do it IMO…

 
Comment by oxide
2015-12-18 14:31:15

Oddfellow and SCdave, let me see if I understand what you’re saying:

Running for President costs $600 billion these days. Trump possesses more than have $600 billion in assets. Therefore, he has the ability to run for President by himself. However, he’s too much of an egoist to part with $600 billion, even if he has the ability to do so. We know he doesn’t want to part with $600 billion because he’s still amassing wealth. That is, if he were really willing to part with $600 billion, he would have stopped selling condos $600 billion ago.

So, no matter what he says, we see by his actions that he’s really not willing to part with his $600 billion. So, at some point, to avoid that ego-busting expenditure, he will either take dark money or drop out.

So, that’s the theory? We don’t know yet how this will play out. Currently Trump clearly seems comfortable with the amount of money he’s spending. He hasn’t hit some mental ceiling yet. I don’t think even he knows what his ceiling will be. I think the jury is out, and may be for a while, possibly until Super Tuesday.

 
Comment by Oddfellow
2015-12-18 20:52:03

I can’t say it any simpler than this: Just because Trump might have enough money to fund his own campaign, that in no way proves that he will not be open to the influence of money while in office. Self-funding your campaign does not make you immune to corruption.

I can’t understand what is confusing about that.

And note: He is not campaigning to change or end the role of dark money in our political system.

 
Comment by Ben Jones
2015-12-18 20:56:14

‘Trump might have enough money to fund his own campaign… He is not campaigning to change or end the role of dark money in our political system.’

I think he did make a statement about how PAC’s stink.

 
Comment by Oddfellow
2015-12-18 20:59:41

how PAC’s stink.

He mocks them because he does not need them while others do. But has he called for ending them?

 
Comment by Ben Jones
2015-12-18 21:04:34

Trump’s Ceiling Is His Wallet
Wall Street Journal-4 hours ago
Mr. Trump claimed when he launched his campaign in June, “I’m not using donors. … in the race (Bush, Clinton, Cruz) and their super PACs already have raised.
Story image for trump PACs from Raw Story
Bill Moyers slams networks for using Trump as cheap fuel for their …
Raw Story-6 hours ago
This is the same Les Moonves who declared during the 2012 campaign, “Super PACs may be bad for America, but they’re very good for CBS.” And earlier this …
Story image for trump PACs from New York Times
New York Times
THE PUBLIC EYE:It’s the Strategy, Stupid! The Secret of Trump’s …
Berkeley Daily Planet-6 hours ago
Trump is a wily political operator with, so far, a winning strategy. … as Ben Carson, by saying he will not accept funds from political action committees (PACs).
Story image for trump PACs from Huffington Post
Bad News for Democracy Is Great News for TV Profits
Huffington Post-7 hours ago
At ABC, World News Tonight had given the Trump campaign 81 minutes of … declared during the 2012 campaign, “Super PACs may be bad for America, but …
Story image for trump PACs from Facing South
Facing South
Trump Wrongly Threatens to Sue Jeb’s Leadership PAC: They Fire …
JDJournal.com-7 hours ago
Jeb Bush’s leadership PAC, counsel for Right to Rise, gave none other than Donald Trump such a come-uppance after the Trump organization threatened to sue …
Story image for trump PACs from Facing South
Special interests ramp up outside election spending, but is it working?
Facing South-9 hours ago
The decision allowed outside groups such as super PACs and “social welfare” … ads for consistent GOP frontrunner Donald Trump, whose own campaign has …
Story image for trump PACs from Sunlight Foundation (blog)
One issue Republicans and Democrats agree on? Campaign …
Sunlight Foundation (blog)-12 hours ago
Those who distance themselves from super PACs (i.e. Bernie Sanders refusing to affiliate with a super PAC and Donald Trump’s “self-funding” campaign) could …
Story image for trump PACs from Washington Post
Washington Post
Former Trump aide pushing a Rubio-Kasich conspiracy theory
Miami Herald-14 hours ago
One of Donald Trump’s former top aides says he plans to use money donated to the Committee to Restore America’s Greatness super PAC to “finance a …
Story image for trump PACs from Wall Street Journal (blog)
New Anti-Trump Super PAC Launches — to Flog Trump on Putin Nod
Wall Street Journal (blog)-14 hours ago
In a twist on the typically shadowy world of super PACS, a new anti-Donald Trump group is openly seeking donations for an ad that would flog the New York …
Story image for trump PACs from WesternSlopeNow
Rubio has a ‘liberal voting record and limited experience,’ PAC
WesternSlopeNow-18 hours ago
Former Donald Trump adviser Roger Stone has a new target: billionaire … Reagan aide on Thursday launched a new super PAC aimed at taking down the …

 
 
Comment by WPA
2015-12-18 10:10:28

Which means that, if he wins, he won’t have any DARK donors whispering policy in his ear.

Do you, or anyone else, really honestly believe that Trump won’t use his position in office to grease all kinds of deals with his business cronies? Just because he doesn’t take dark money, or even reported money, doesn’t mean he won’t be slapping backs in smoke-filled rooms. Which he will be because that’s his whole life, his whole existence.

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Comment by scdave
2015-12-18 11:09:21

Which he will be because that’s his whole life, his whole existence ??

It would be the ultimate ego rub for the egotist….

 
Comment by oxide
2015-12-18 11:58:40

“Do you, or anyone else, really honestly believe that Trump won’t use his position in office to grease all kinds of deals with his business cronies?”

:roll: Let’s review, shall we? I said that

Trump may be a bastard, but he’s his OWN bastard.

So OF COURSE I realize Trump is going to use the position feather his own nest. I didn’t say that he was lily-white.

But here’s my point: When you vote for a candidate, you are effectively voting for the person whispering in his ear.

Jeb is supported by $100 mil of generally anonymous Dark Money. Do you agree with whoever is whispering in Jeb’s ear, enough to vote for Jeb? You don’t know, because you don’t know who it is. In fact you’re not even sure if Jeb and his whisperers have the same policy.

Trump (so far) is supported by himself. If you vote for him, the person whispering in his ear is … Trump. So you know that Trump and his whisperer have the same policy, because duh they’re the same person. For once, you actually have the choice of voting for or against the whisperer, directly.

See the difference?

 
Comment by scdave
2015-12-18 14:08:57

Trump (so far) is supported by himself ??

LOL….His biggest expense right now is Jet fuel..Hell, they charge a fee to get into his rallies…LOL…He knows he won’t need to spend his own money because he will not get the nomination and its after you get the nomination that you really need the war chest because those are the rules of the game today….Run as a independent you say ?? Only if someone else bankrolls it…Trump will take as much of this attention as he can get because it does not cost him much and it strokes his ego…

 
Comment by WPA
2015-12-18 14:09:14

See the difference?

No. Corruption is still corruption whether or not a quid pro quo bribe is involved or not.

 
 
 
 
Comment by The Central Scrutinizer
2015-12-18 10:22:51

It’s not that he’s an R, and the money thing is great. The problem is that the man is a megalomaniacal ignoramous. Anybody with any sense does not want to be ruled by such.

 
 
Comment by Raymond K Hessel
2015-12-18 06:34:24

Ukraine defaults on $3B payment to Russia. Methinks 2016 will go down as the year when it dawned on even the dullest of the sheeple that debt-fueled “growth” is unsustainable.

http://www.telegraph.co.uk/finance/economics/12057859/Ukraine-defaults-on-3bn-bond-payment-to-Russia.html

Comment by 2banana
2015-12-18 06:50:38

It is going to be a long, dark and cold winter in the Ukraine this year.

Russia will get their money - one way or another.

 
 
Comment by Raymond K Hessel
Comment by Ben Jones
2015-12-18 06:54:37

‘Zell, chairman of apartment mega-landlord Equity Residential, got on Bloomberg TV and said, “There is a high probability that we are looking at a recession in the next 12 months.”

I’ve been following this apartment bubble. As one comment says, “5% cap rate, hard to make money”. That’s an understatement. One recession and it’ll all blow away. We don’t have recessions any more, do we?

Mel Watts has been financing a lot of it. Flip, renovate, jack up rents. It’s going to be very painful. Renters can’t make payments, apartments can’t let them stay, right?

Comment by scdave
2015-12-18 09:45:06

‘Zell, chairman of apartment mega-landlord Equity Residential, got on Bloomberg TV and said, “There is a high probability that we are looking at a recession in the next 12 months.” ??

Looked for that on you tube and could not find it…It maybe something from sometime ago…I did find this though from 2 days ago…When this guy speaks I tune in…Its worth the 3 minute watch..He does not support Trump but he heeds that all should not underestimate him;

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=6&cad=rja&uact=8&ved=0ahUKEwjQsMqQ7OXJAhVC9WMKHekYAeEQtwIIOjAF&url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DR6fPZX7xtZc&usg=AFQjCNHiM-yY_wXZIkYL7NSSaVy7T6DIjw

 
 
Comment by The Selfish Hoarder
2015-12-18 07:29:01

The only way rent prices will fall is when the SFH prices crater and more houses get turned into rentals. The apartment building boom might cause rents to fall but I don’t think more supply of apartments will be as significant as more supply of houses for rent.

Comment by oxide
2015-12-18 09:23:57

when the SFH prices crater and more houses get turned into rentals

A cratered SFH is a trashed SFH. Rents will include the price of restoring the trashed SFH to code.

 
 
 
Comment by phony scandals
2015-12-18 06:40:51

So I was out watering the Giant Beanstalk and feeding the Unicorns last night while I read an article about Bernie Sanders campaign promises of free weed, a $22 an hour National minimum wage and a tax payer funded college professor on every corner with a person holding a Will Work For Food sign until they had earned an MBA.

Comment by Oddfellow
2015-12-18 07:40:55

Better than bombing the sh#! out of people. Probably a lot cheaper too.

 
 
Comment by Raymond K Hessel
2015-12-18 06:42:11

When will Da Boyz on Wall Street exit the Ponzi and leave retail investers holding the bag?

http://investmentresearchdynamics.com/sp-500-vs-the-crb-index-shows-huge-downside-risk-for-stocks/

Comment by 2banana
2015-12-18 06:52:41

There is no way I am selling my Facebook and Amazon stock. It can only go up from here…

 
 
Comment by Raymond K Hessel
Comment by 2banana
2015-12-18 06:58:47

And people wonder why Trump has such a huge following…

 
 
Comment by Raymond K Hessel
2015-12-18 06:50:54

The Keynesian’s Ponzi markets and asset bubbles are starting to break down.

http://www.zerohedge.com/news/2015-12-18/japanese-jawboning-fail-nikkei-crashes-1000-points-overnight-highs

 
Comment by Overbanked
2015-12-18 06:52:09

Comment by Rental Watch
2015-12-17 17:58:27

Remember, the US has state taxes as well as Federal. Many of us (especially self-employed in places like NY or CA) are already paying more than 56% on the margin (self employment taxes, etc., etc., etc.).
……………………………………………………………………….

I ran the Turbotax numbers for 2014. In 2014 A single self-employed person in California could have $215k in profit and pay 38% in Federal, State, and Self-Employment taxes. The “marginal rate” is about 36%. And no deductions for mortgage interest, property taxes, car licenses, etc.

No where close to 56%.

Comment by 2banana
2015-12-18 06:56:25

$215k in income for a self employed would have:

30% Fed taxes
10% state taxes
?? Local taxes
14% Social Security
5% medicaid
?? Property taxes

Comment by MightyMike
2015-12-18 07:37:38

Social Security is the second highest number on your list and it’s only levied on the first $117,000, so a person making $215k would only pay around 7½%,

 
Comment by Overbanked
2015-12-18 07:45:29

Run the numbers yourself and prove me wrong.

$215k in income for a self-employed would have:

28% Federal taxes marginal (less at the lower brackets.)
9.3% State taxes marginal (less at the lower brackets - and deductible for Federal.)
2.9% Medicare (half deductible for Federal and State)
12.4% SS (up to $117k and half deductible for Federal and State.)

$82k total

 
Comment by WPA
2015-12-18 09:27:42

Social experiment in progress showing how excessive belief political ideology renders the believer unable to process basic math.

 
Comment by scdave
2015-12-18 10:14:33

Don’t forget;

Sales Tax
Excise Taxes
DMV fees

Comment by In Colorado
2015-12-18 10:25:01

“Sales tax”

Just be glad you don’t pay a 20%+ VAT like they do in most of Europe.

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Comment by Overbanked
2015-12-18 12:17:44

Don’t forget;

Sales Tax
Excise Taxes
DMV fees

Well, if he has $133k disposable, he can buy 53,000 gallons of gas at $2.50/gallon.

So excise taxes would be $32k. And the Sales Taxes would be $13k.

That brings his total tax burden to 59%.

You got me.

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Comment by Blue Skye
2015-12-18 13:03:34

Don’t overlook that indoor tanning salons charge a 10% excise tax under Obamacare.

 
Comment by MightyMike
2015-12-18 13:46:06

Yeah, don’t overlook the tanning salons. They’re very important.

 
 
 
Comment by In Colorado
2015-12-18 10:27:57

“?? Local taxes”

AFAIK, there are no municipal income taxes in California.

“5% medicaid”

What? I don’t pay any “medicaid” tax.

Got TABOR?

Comment by scdave
2015-12-18 11:17:27

there are no municipal income taxes in California ??

Don’t need to charge income tax…Fee’s are the name of the game…$17,500.Per Door “park fee” I paid for the last house I built in 95008…Right at $100,000. all in cost before I put a shovel in the ground…Do the math…206 unit complex going in up the street…Whats the park fee on that ??

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Comment by In Colorado
2015-12-18 13:12:33

But those are not recurring fees, say like the ones you pay to the DMV every year. They are not tied to income.

 
Comment by scdave
2015-12-18 14:13:05

I was just pointing out how many different ways they raise revenue even if they are not recurring…

 
 
 
 
Comment by Mafia Blocks
2015-12-18 07:41:38

50%+ in taxes and fees no matter how you gyrate.

Comment by Overbanked
2015-12-18 11:53:58

Single Self-Employed in California 2014, $1 million profit:

$107k State Tax
$359k Federal +SE +AMT +ACA

46.6%

Comment by Mafia Blocks
2015-12-18 13:08:27

Sales tax, property tax, levies, fees=60% effective net tax rate.

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Comment by Blue Skye
2015-12-18 13:29:17

Step back and take an overview. Total personal income in the US approx. $14Tr. Total tax revenue Fed/State/Local approx. $6Tr.

Some of this personal income isn’t from wages and the tax rate is lower than the average. For the wage earner, spending everything earned on “stuff” the tax rate will be over 50%. This includes all the hidden taxes included in the price of things.

Comment by Overbanked
2015-12-18 13:36:58

The Tax Foundation says Americans work until April 24, 2015 to pay ALL taxes.

http://taxfoundation.org/article/tax-freedom-day-2015-april-24th

114/365 = 31.2%

Some people pay more than 31.2%, some pay less.

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Comment by Blue Skye
2015-12-18 16:33:51

I’m not sure how that’s possible (April) when taxes collected are about half of what everybody earns totaled up. It points to a June direction. Maybe they are only looking at income tax proper.

 
Comment by Oddfellow
2015-12-18 20:57:45

It points to a June direction. Maybe they are only looking at income tax proper.

Maybe paying “half what everybody earns” isn’t true. Hard to imagine the (anti-)Tax Foundation so fundamentally messing up measuring their key issue.

 
 
 
 
Comment by Oddfellow
2015-12-18 07:47:19

No where close to 56%.

No fair fact checking! If it makes you irate, it’s true.

 
 
Comment by Raymond K Hessel
2015-12-18 06:52:36

Bond market carnage continues. How soon before the contagion spreads to our grotesquely overvalued stock market?

http://www.businessinsider.com/bank-of-america-bond-fund-flows-2015-12

Comment by aNYCdj
2015-12-18 07:03:03

george ure thinks there will be a melt up, then a crash

http://urbansurvival.com/fed-raises-world-still-here/

 
 
Comment by Raymond K Hessel
2015-12-18 06:58:24

Get ready for NIRP as Yellen’s next scheme to prop up our Ponzi markets.

http://www.businessinsider.com/unintended-consequences-negative-interest-rates-switzerland-2015-12

 
Comment by Raymond K Hessel
2015-12-18 07:01:34

IMF head another corrupt, criminal bankster. Who’d have thunk it….

http://www.theguardian.com/business/2015/dec/17/imf-head-christine-lagarde-tfrench-trial-bernard-tapie-affair

 
Comment by MacBeth
2015-12-18 07:38:07

Pursuant to yesterday’s HBB commentary about males and females, I will be posting some excerpts from “Men On Strike” authored by Helen Smith, PhD.

Draw your own conclusions. I have drawn mine.

From Prologue, page xi
“Men are sensing the backlash against them and are consciously and unconsciously going “on strike”. They are dropping out of college, out of the workforce, and out of marriage and fatherhood at alarming rates. So much so that a number of books have been written about this phenomenon in recent years that look at the “manchild” of today and summarize that he and his arrested development have taken a vacation from responsibility because he can, or because he can now get sex on demand.

“Or worse, these books discuss how his irresponsible behavior has harmed females, since his only purpose on earth is to serve women. Nothing could be further from the truth. Most men are not acting irresponsibility because they are immature or because they want to harm women; they are acting rationally in response to the lack of incentives today’s society offers them to be responsible fathers, husbands and providers.”

Comment by MacBeth
2015-12-18 07:45:39

More from “Men On Strike”. Helen Smith, PhD.

From Introduction, page xvi

“In some sense, men today feel very much like Rand’s characters in Atlas Shrugged, knowing that they can be exploited for their sense of duty, production and just being male at any time. The state transfers men’s production to women and children through child support, alimony, divorce laws, and government entitlements that are mainly for women, such as WIC (grants to states for women, infants and children) or welfare payments to single mothers. It is not only in family relationships that men are screwed, nut also in many areas of modern society. Men are portrayed as bad guys, ready to rape, pillage, beat or abuse women and children at the drop of a hat. From rape laws that protect women but not the men, they may accuse falsely to the lack of due process in sexual harassment cases on college campuses to airlines that will not allow men (possible perverts!) to sit next to a child, our society is at war with men and men know it full well.”

Comment by MacBeth
2015-12-18 07:54:11

More from “Men On Strike” Helen Smith, PhD

From page 40:

“What this lawyer doesn’t seem to understand is that when masculinity is frowned upon and belittled in every aspect of society from media to the classroom, men start to internalize the message. Our society tells men they are worthless perverts who reek of male privilege while simultaneously castrating them should they act in a manly manner, and now women are upset because men are becoming more feminized? You reap what you sew.”

Comment by MacBeth
2015-12-18 08:01:12

Final and last excerpt from “Men On Strike: Helen Smith, PhD

From Introduction, page xvii

“In fact, men have known that a backlash against them has been happening for decades, so why is it taking so long for men to fight back? Psychologist Warren Farrell, in his prophetic book The Myth of Male Power, written in 1993, talks about “the men’s movement as an evolutionary shift” and says the movement will be “the most incremental of movements” because it is “hard to confront the feelings we’ve learned to repress and hard to confront the women we’ve learned to protect”. Farrell believes that the greatest challenge of the men’s movement will be “getting men to ask for help themselves. Men were always able to ask for help in behalf of others – for a congregation, their wives, children, or a cause – but not for themselves.”

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Comment by Oddfellow
2015-12-18 08:25:04

I can’t date-rape, I can’t slap my secretary on the butt, I can’t beat my wife, I can’t afford to fill up my monster truck.

It’s a war on men, I tell ya!

 
 
Comment by wondering
2015-12-18 08:36:52

Re: Castrated men acting feminized.

Gotta call BS there.
The problem is that (some) men still insist that they are somehow - by virtue of their gender- “the boss.” In a world where work and income are just as easily procured by women, that mentality runs smack into reality - with the expected disillusionment.

re: divorce
Pick your mate wisely.

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Comment by Combotechie
2015-12-18 08:45:19

“Pick your mate wisely.”

And you will only have to pick once.

(But you gotta kiss a lot of toads to get there.)

 
Comment by scdave
2015-12-18 11:20:58

But you gotta kiss a lot of toads to get there ??

Nothing wrong with getting in a little practice before your pull the trigger… :>)

 
 
Comment by wondering
2015-12-18 09:57:15

FRom WSJ review of the book: Light on any real research,
Indeed, much of Ms. Smith’s material comes from the comments section on her own “Dr. Helen” blog.

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Comment by MightyMike
2015-12-18 08:01:07

That’s an interesting statement - dropping out of school or dropping out of the workforce is not irresponsible.

 
Comment by The Selfish Hoarder
2015-12-18 09:41:42

The married life is too complicated and expensive. This 56 year old may not be rugged like 20 years ago and getting all attention from hot young women, but this 56 year old is free, lives simply, and has shed a lot of stupid expenses. Wakes up when he feels like it (no alarm clock), works where he does not have to punch a clock, and can listen to as much classic hard rock (Deep Purple, Black Sabbath) as he wants without having stupid brain numbing television on.

I was in San Luis Obispo on business this week. Hotel was Best Western Plus Shore Cliff Lodge at Pismo. Ventana Grill right next door with suitable beer on tap. Sea Bass dinner was good with Firestone Ale. Morning ocean view was awesome from my room. All paid for by my company, of course. Traffic in Santa Barbara on the 101 on the way back was bad. And also was even worse on the 210.

Comment by scdave
2015-12-18 10:31:03

You kind of sound like a loner Bill…Don’t seem to have the need for anything other than ones self…Nothing wrong with that I suppose…Albert Einstein professed it and it is your life to live the way you want…

The married life is too complicated and expensive ??

Completely misses the point for many that choose to want to be married…Complicated & expensive never entered my mind when I got married…Love did though…

Comment by Anklepants
2015-12-18 12:33:47

You and Lola playing footsie that ain’t love.

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Comment by Blue Skye
2015-12-18 13:32:58

“Complicated & expensive never entered my mind when I got married”

A universal truth.

It’s pheromones. Makes you very crazy for the first six months or more of “love”. I take it as God’s trick on mankind to get them to reproduce.

At Any Cost

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Comment by scdave
2015-12-18 14:17:51

It’s pheromones. Makes you very crazy for the first six months or more of “love” ??

Wife & I dated for 7 years before we got married…We were engaged for the last 3….So my pheromones were still being used past your 6 month timeline for the “love” to disappear…

 
Comment by Blue Skye
2015-12-18 16:30:01

Mine lasted for over three decades! “Your mileage may vary.” Good for you having staying power.

 
 
 
Comment by 2banana
2015-12-18 13:17:40

Learn some Spanish.

Latinas love older gringios who can talk, dance and have some dinero.

Comment by oxide
2015-12-18 14:51:45

If you have some dinero you don’t need Spanish, or any other language except English for that matter. Rio sees a lot of sex tourists; I see a lot of catalog brides.

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Comment by In Colorado
2015-12-18 10:15:23

Being on strike implies that you will come back when your demands are met. I don’t think it’s a strike. And I don’t think that it’s because men want to be the “boss” as others here are saying. From what I am observing is that young men today see no value in getting married and are simply walking away. Witness the “herbivore” men in Japan, who are way ahead on the curve. They collectively decided that there is no real incentive to get married or to become a “salaryman”.

Comment by Combotechie
2015-12-18 10:34:26

Interesting stuff …

I did a Wiki-up of “Herbivore man” and came across this:

“Indifference of men to marriage and committed relationships is an observable trend in many advanced societies. Various social and economic factors are cited in playing a role in this trend. For example, the huge proliferation of internet porn has increased the ease and enjoyment of masturbation for men, with the possible consequence that “two-dimensional” females are now more attractive to men than three-dimensional ones. In Japan, the decline of the Japanese economy is often cited as a factor including the rise of herbivore men, the theory being that economic disillusionment has caused Japanese men to turn their backs on typical “masculine” and corporate roles, with over 2,500,000 freeters and between 650,000 and 850,000 NEETs living in Japan between the ages of 19 and 35. Some professionals see this response ingrained in Japanese culture—while Westerners voice displeasure with hardships, the Japanese instead turn inwards.

“Many of these causes, however, may be enhanced by Japanese women and male perceptions of them. Many women refuse men who do not have steady jobs (such as freeters and NEET). Other women feel that self-proclaimed soushoku-kei danshi (herbivore men) are weak and not masculine, while some men apparently are not attracted to “independent” women. In a 2011 poll of Japanese boys aged between sixteen and nineteen, 36% of the boys said they were not interested in having sex; the figure for girls in the same age group was nearly double, at 59%. Masahiro Morioka argues that Japanese herbivore men phenomena have had a strong relationship with Japan’s post-war peace. He says, ‘The herbivorization of young Japanese men is a byproduct of the Japan’s sixty-six years of peace following World War II’”

Especially interesting is this passage:

“In a 2011 poll of Japanese boys aged between sixteen and nineteen, 36% of the boys said they were not interested in having sex.”

When I was that age the sex drive was the drive that drove everything else.

 
Comment by MightyMike
2015-12-18 10:37:09

So do they think that marriage was always a bad idea throughout human history?

 
Comment by scdave
2015-12-18 10:43:20

They collectively decided that there is no real incentive to get married or to become a “salaryman”. ??

Not sure about Japan but I think the willingness of women to go it alone through divorce has also changed the dynamic…Time magazine recently showed that the high majority of divorces are initiated by females…Therefore, if a single guy looks around and sees all these divorces initiated by women, he likely asks himself if could it happen to him…Hence…Stay single…

Comment by In Colorado
2015-12-18 14:52:00

That, plus I recall reading somewhere that women get over 90% of alimony awards and are more likely to get custody of the kids. And in many cases, alimony and child support payments can be quite onerous. I’ve met more than a few young guys who are turning over more than half their paychecks to their exes.

There is a reason why 70%+ of men under 35 are single.

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Comment by Raymond K Hessel
2015-12-18 07:39:48

The arrogance and hubris of man-made institutions deciding who will be Saints in heaven is breathtaking.

http://www.marketwatch.com/story/mother-teresa-to-become-a-saint-2015-12-18

Comment by In Colorado
2015-12-18 14:55:23

FWIW, theoretically anyone who makes to heaven is a Saint. When the “man made institutions” canonize a Saint, all they are saying is that they are fairly certain that person is a Saint; but that in the end, it is God who decides that. In other words, canonization is not infallible. Also, just because you aren’t canonized doesn’t mean you aren’t a Saint.

Comment by MightyMike
2015-12-18 15:17:49

Ray’s knowledge of Catholic doctrine is probably close to zero, but that won’t stop him from commenting on it. It’s similar to the people who rant and rave about Islam.

 
 
 
Comment by MightyMike
2015-12-18 07:40:41

Bubbles that We Have to Worry About and Bubbles We Don’t

The NYT reported on the reaction in financial markets to the Federal Reserve Board’s decision to raise interest rates on Wednesday. The piece notes the generally calm reaction, but also indicates there continue to be some concern about asset bubbles. It comments:

“Regulators have pointed to a number of worrisome signs in recent weeks. A federal agency said on Tuesday that credit risks were ‘elevated and rising’ for American corporations and many foreign borrowers, even as investors are demanding significantly higher interest rates on junk bonds and foreign debt. The report, by the Office of Financial Research, however, said overall risks to stability remained ‘moderate.’”

It is worth distinguishing the possible bubble in junk bonds and foreign debt from the stock and housing bubbles whose collapse brought on the last two recessions. Both the stock and housing bubbles were driving the economy. They directly generated large amounts of demand through investment spending in the case of the stock bubble and residential construction spending in the case of the housing bubble. Both bubbles also led to consumption booms, as households increased spending based on the ephemeral wealth generated by these bubbles. For this reason, it was 100 percent predictable that the collapse of the bubbles would lead to recessions.

The current bubbles in junk bonds and foreign debt are not in any way driving the economy. Presumably we are seeing somewhat more investment as a result of the fact that uncreditworthy companies were able to borrow at a low cost, but there is no notable boom in such investment. Similarly, if foreign borrowers have a harder time getting access to credit, it may be bad news for them, but the impact on the U.S. economy will be limited.

http://cepr.net/blogs/beat-the-press/bubbles-that-we-have-to-worry-about-and-bubbles-we-don-t#section-kmt

 
Comment by palmetto
2015-12-18 07:41:11

Zero Hedge posted this video, which I assume was “caught on cell phone”, of the aftermath of a Russian strike on Isis oil tankers in Syria.

http://www.zerohedge.com/news/2015-12-16/caught-tape-chaotic-aftermath-russian-strike-isis-oil-tankers

Quite apart from the massive, apocalyptic-looking black plume of smoke, there is the reaction of the person who is recording the video. Over and over he pants and chants “Allahu Ackbar” as the camera jerks one way and another.

At first, my reaction was much like many of the ZH commenters, all those jokes about Aloha Snackbar and such, taking note of the rote mantra-like quality of the chant. I guess none of these commenters were ever in a position to “panic-mantra”. They’re very lucky. I’ve been in that position twice in my life, although it wasn’t Allah I called on. I know what it means to be just that terrified.

Then, one comment caught my eye, asking why “they” do this. And then it hit me:

Because that’s all they have. Most of these folks appear to be mainly poor peasants who probably have never had anything more than a patch of sandy ground and a hut, or perhaps a crowded, filthy apartment on some narrow side street in a city. For centuries they have been squeezed, with few exceptions, between cruel priests (mullahs, imams) and equally cruel caliphs and sultans. And as if that weren’t enough, now they must contend with the hell being rained on them from the sky, courtesy of other nations. If they have any literacy at all, it comes from the madrassas, where they are indoctrinated into those precepts of Islam desired by the priests and caliphs. The rewards of the afterlife are stressed because the here and now is horrific. Allahu Ackbar is all they know, it’s all they have.

And by the way, it’s not so different from what poor peasants have experienced over the centuries in places like Europe, Africa and Asia, being squeezed between cruel priests and cruel rulers.

Well, anyway, after that little realization, it’s hard not to feel at least some pity and compassion for some of these people, and some anger toward those who have put them in that position. Not that I want to wander into the desert and give the guy a hug. I’m sure he’d chop me up in a New York minute. But it did give me insight as to why “they” are that way. Because that’s all they have.

Comment by Raymond K Hessel
2015-12-18 07:55:00

Does nobody in Syria own a camera tripod?

Comment by palmetto
2015-12-18 08:03:09

Yes. The “ISIS” higher ups do.

http://www.zerohedge.com/news/2015-12-17/us-knows-where-isis-videos-are-produced-does-nothing-about-it

But when you’re some poor sod out in the field working at a makeshift oil refinery, no tripod for you!

 
 
Comment by Oddfellow
2015-12-18 08:40:44

But it did give me insight as to why “they” are that way. Because that’s all they have.

Excellent post, Palmy. You’ve got a good heart underneath all the junk they’ve piled on it.

Comment by palmetto
2015-12-18 10:45:31

Thank you, but don’t get too hopeful there. I still support Trump.

 
 
Comment by 2banana
2015-12-18 13:23:27

I did a family roots trip to eastern European. The 2banana historic family home had two rooms. The pigs and chicken lived in one in the summer and both in the winter.

They came to America without a thought of cutting off someone’s head not of the same religion or how to join the FSA.

What could be the difference between these two groups?????

Comment by Oddfellow
2015-12-18 21:07:06

The historic family two-room hut is still standing?

Seems unlikely. How did you locate it?

 
 
 
Comment by Raymond K Hessel
 
Comment by Raymond K Hessel
2015-12-18 07:51:54

When 95% of the electorate are stupid and half the population are Free Sh*tters, President Hillary Rodham Clinton is a sure thing.

http://www.marketwatch.com/story/how-hillary-clinton-could-win-the-white-house-by-march-2015-12-18

 
 
Comment by Raymond K Hessel
2015-12-18 08:00:08

How’s that voting for the Republicrat Duopoly working out for ya, ‘Murica?

http://www.marketwatch.com/story/house-passes-11-trillion-government-funding-bill-2015-12-18

 
Comment by Mafia Blocks
2015-12-18 08:09:02

If you have to borrow for 15 or 30 years, you can’t afford it nor is it affordable.

 
 
Comment by Professor Bear
2015-12-18 08:12:05

Is a Trump University degree full of empty promises? Could be a bad signal for his campaign for the WH.

Comment by Combotechie
2015-12-18 08:25:27

Wiki says this about Trump University …

“On August 24, 2013, the State of New York filed a $40 million civil suit against the institution (which had largely ceased operations in May 2011), alleging illegal business practices and claiming numerous “false promises” made by The Trump Entrepreneur Initiative and its representatives. Donald Trump denied the allegations, claiming the school has a 98% approval rating and said New York Attorney General Eric Schneiderman is “a political hack looking to get publicity.” The New York Times editorial board stated that “Mr. Schneiderman’s suit offers compelling evidence of a bait-and-switch scheme.” Schneiderman accused Trump of misleading more than 5,000 people to pay up to $35,000 to learn his real estate investment techniques.”

“In October 2014 a New York judge found Trump personally liable for the institution’s violation of state education laws.”

Comment by P.T. Barnum
2015-12-18 08:32:32

“Schneiderman accused Trump of misleading more than 5,000 people to pay up to $35,000 to learn his real estate investment techniques.”

The birthrate holds steady at one a minute.

Comment by Oddfellow
2015-12-18 08:53:15

And how we burned in the camps later, thinking, “How could we, of all people, fall for a real estate huckster?”

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Comment by Ben Jones
2015-12-18 09:05:02

We don’t have a lot of good choices do we? My biggest problem with Trump is he is politically rudderless. But what’s the alternative? 10 different flavors of globalist neocons? The outrage is that our system has presented us with this dilemma.

 
Comment by Mr. Banker
2015-12-18 09:09:45

“And how we burned in the camps later …”

An efficient parasite won’t burn its hosts in camps.

 
Comment by Oddfellow
2015-12-18 21:09:46

We’ve got Bernie or Rand. Maybe not perfect, but better than Trump.

 
 
 
Comment by Professor Bear
2015-12-18 21:02:25

It’s gonna be different with his campaign promises.

 
 
 
Comment by Mafia Blocks
2015-12-18 08:12:58

Update: Crude Crashes Through $35 Floor; $30 In Sight

http://www.marketwatch.com/investing/future/crude%20oil%20-%20electronic

Remember…. Nothing raises all boats and accelerates the economy like falling oil and housing prices to dramatically lower and more affordable levels. Nothing.

Comment by Mafia Blocks
2015-12-18 08:22:43

What goes up…….

https://youtu.be/kK62tfoCmuQ

 
 
Comment by phony scandals
2015-12-18 08:29:53

For all the “Hope” the only “Change” is in the name.

Old Dixie Highway renamed in honor of Obama in Riviera Beach

Skyler Swisher Sun Sentinel
December 17, 2015

“We are stepping up to a new day, a new era, and replacing Old Dixie with Barack Obama, who represents change,” Riviera Beach Mayor Thomas Masters told Sun Sentinel news partner WPEC-Ch. 12.

The City Council voted in August to change the highway’s name inside the city limits. The first intersection of roads named after Obama and the Rev. Martin Luther King Jr. will be in Riviera Beach, city officials say.

Some speakers at that August Council meeting didn’t think the street name Old Dixie was a good representation of the city.

“The name Old Dixie does not align in any way with the goal of racial and social equality,” Kendra Williams, a Riviera Beach resident, said during the meeting. “Let’s just move forward and move on, because it’s time.”

http://www.sun-sentinel.com/local/palm-beach/fl-palm-obama-highway-20151217-story.html - 45k -

From Facebook spat: 16-year-old dead, another on trial for murder …
http://www.mypalmbeachpost.com/…/npgG9/ - 288k - Cached - Similar pages
Dec 9, 2015 … What started as a Facebook spat among a group of Riviera Beach teens … Redding was shot to death on Old Dixie Highway in Riviera Beach.

Riviera Beach police: Man shot to death on West 4th Street | www …
http://www.palmbeachpost.com/…/riviera-beach-police-man-shot-to-death-on-west-4th/npPdd/ - 288k - Cached - Similar pages
Nov 17, 2015 … Officers patrolling West 4th Street near Old Dixie Highway heard … with information about the fatal shooting to contact Riviera Beach Police at …

Fatal shooting prompts plea for witnesses | Local News - WPBF Home
http://www.wpbf.com/news/fatal-shooting-prompts-plea-for-witnesses/34707058 - 136k - Cached - Similar pages
Aug 13, 2015 … Authorities with the Riviera Beach Police Department said Connis … sedan parked at the Touchdown Food Market on Old Dixie Highway about …

Riviera police: Three hurt in shooting on Old Dixie - Palm Beach Post
http://www.palmbeachpost.com/…/riviera-beach-police-two-hurt-in-shooting-on-old-d/nnnJk/ - 279k - Cached - Similar pages
Sep 24, 2015 … A man and a female in her teens were shot shortly after 5 p.m. on Old Dixie Highway, just north of St. Mary’s Medical Center and the West Palm …

Comment by Oddfellow
2015-12-18 09:46:52

Old Dixie Highway renamed in honor of Obama

Way down south in the land of Obama,
Old times there were full of trauma,
Look away, look away, look away,
Racist man.

‘Cause there ain’t no more Dixie,
Hurray! Today!
Their flags are down, they’ve left the towns,
And live in trailer parks now,

Away, away, away down south,
Not Dixie,
Away, away, away down soooouuuttthhh,
Not Dixie!

Yeehaw!

Comment by phony scandals
2015-12-18 10:56:29

“‘Cause there ain’t no more Dixie,”

Sure there is.

Just not in Riviera Beach where murder and crime are rampant and they have city council members who vote themselves a raise to $122,000 a year for a part time job that doesn’t take as much time as a volunteer Little League coach puts in.

From US-1 in Jupiter: Head west on Indiantown Road to Alternate A1A. Turn left (south) onto Alternate A1A to Toney Penna Road. Turn right onto Toney Penna Road and go over the railroad tracks. Take an immediate left onto South Old Dixie Highway and Jupiter Medical Center will be on your right.

“We have a small group of people taking advantage of quote, their people,” said Riviera Beach resident Marie Davis.

Riviera Beach council members rake in over $122,000 in pay, benefits

Council recently voted in favor of pay increase

UPDATED 10:19 PM EDT Sep 04, 2015

RIVIERA BEACH, Fla. —The Riviera Beach City Council voted 4-1 Wednesday to award itself a $12,000 increase to attend a once a month extra meeting on the Utility Board.

Some residents were outraged by what they called a “$1,000 an hour raise” for a part-time job.

WPBF 25 News investigated the actual compensation for the council members.

During Wednesday’s meeting, Councilman Cedrick Thomas blamed the media for reporting they were giving themselves a raise, which he said is false.

http://www.wpbf.com/…/35114108 - 136k -

Comment by Oddfellow
2015-12-18 11:04:17

I knew I’d scare up phony with a boisterous round of “Dixie”!

I could just picture his ears perking up like an ol’ coon hound, yup.

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Comment by phony scandals
2015-12-18 11:32:16

All kidding aside, I am not looking forward to the first report of someone getting gunned down at the intersection of the roads named after Obama and Martin Luther King Jr. in Riviera Beach.

But it’s gonna happen.

 
 
 
 
Comment by rj chicago
2015-12-18 09:59:14

Ya know - in microcosm, the worst part of this Obummer era is the sad fact that when I look at my dad’s military burial form from the US Govt. (back then called the Army Airforce) / Fort Logan there in CO it has Obummer’s signature on it. I am wondering if I can submit under a different president to have it redone!!

Comment by The Central Scrutinizer
2015-12-18 11:00:30

I suggest you spend the rest of your life crying about it. Sounds like great outrage fuel.

Comment by Oddfellow
2015-12-18 11:05:30

He’d prefer President Hillary’s name on it?

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Comment by rj chicago
2015-12-18 13:30:03

I guess my attempt at self pity has failed - sad panda me!!

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Comment by MightyMike
2015-12-18 13:49:04

It was always unclear who the sad pandas are. Now we know one of them.

 
Comment by phony scandals
2015-12-18 17:02:50

“It was always unclear who the sad pandas are.”

No it wasn’t.

 
 
 
Comment by MightyMike
2015-12-18 11:05:15

He must be the president ever if that’s the worst part of his presidency.

Comment by MightyMike
2015-12-18 11:23:31

That’s the best president ever.

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Comment by oxide
2015-12-18 12:33:02

The first intersection of roads named after Obama and the Rev. Martin Luther King Jr. will be in Riviera Beach, city officials say.

DAYUM! Somebody call Chris Rock!

 
 
Comment by Mafia Blocks
2015-12-18 08:31:45

Happy Friday! :mrgreen:

keeeeeeeeeeeeeeeyrank it up real high, sit back and count your pile o’ cash.

https://youtu.be/qcWKZTI9OC4

Here’s one for you Lola

https://youtu.be/8tI1_KlO6xI

 
Comment by Mafia Blocks
2015-12-18 08:55:18

Update: Aneurysms And Meltdowns On The Rise At The HBB

http://www.thehousingbubbleblog.com

 
Comment by phony scandals
2015-12-18 09:02:47

Where is Hillary hiding?

Comment by palmetto
Comment by phony scandals
2015-12-18 09:27:24

Bernie has already sent someone to the unemployment line.

“The Democratic National Committee on Friday suspended presidential hopeful and Vermont Sen. Bernie Sander’s access to the party’s voter database after one of his staffer’s accessed data belonging to Hillary Clinton’s campaign, reports said.”

“The staffer who viewed the data was fired by the Sanders campaign, the reports said.”

Comment by palmetto
2015-12-18 10:47:25

That staffer is down to one paycheck now, from the Hillary campaign.

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Comment by rj chicago
2015-12-18 09:40:21

Anybody hear of this guy, Yuri Bezmenov? Interview is amazing - 1985. I say stick a fork in Murika - may be too late if this guy was legit.

Merry Christmas.

http://wwwtheworldandeverythinginit.blogspot.com/2015/12/how-to-brainwash-nation.html

Comment by Ben Jones
2015-12-18 09:46:32

Wow, what a coincidence. I had lunch with him a day after the campus group I belonged to hosted him for a speech. IIRC it was 1983.

Comment by rj chicago
2015-12-18 10:00:48

Legit guy?

Comment by Ben Jones
2015-12-18 10:07:38

As far as I know. He was a KGB guy who had escaped and turned on the Soviets. The cold war was still on. His most interesting insight was how the propaganda war was being fought. He said the aim was to demoralize the US. The way to resist was to stay moral.

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Comment by redmondjp
2015-12-18 10:17:04

And the propaganda war continues to this day. Let’s consider the website zerohedge. We can have a vigorous debate about the veracity of the articles, but it’s hard to argue that one will get seriously demoralized if one spends too much time on that site. Mission accomplished!

 
Comment by rj chicago
2015-12-18 10:21:54

While on that topic - the burning platform has a couple of classics posted today - the one on Cass Sunstein just precious…..

http://www.theburningplatform.com/

 
Comment by palmetto
2015-12-18 10:26:19

“The way to resist was to stay moral.”

Exactly. Don’t go into agreement with moral relativism. This is where the real decline is taking place, where people start to slip and think it’s OK to screw thy neighbor. Maybe just a little bit, because money, or some such thing.

 
Comment by palmetto
2015-12-18 10:40:06

Well, if we MUST go down that path, when do we reach the stage where the enablers get taken out and shot? In a sense, this is already happening, figuratively speaking. The academic enablers are, in some cases, being forced into resignation, for example. Some in the gubbermint, as well.

Useful idiots are expendable and are among the first to be purged. Bitter humor there. They think they will be rewarded for their service through being granted power and position of some sort. They get a bullet instead. I wonder what Chris Stevens’ dying thoughts were.

It is obvious that Paul Ryan, for example, is looking for his lollipop.

 
 
Comment by MightyMike
2015-12-18 10:19:55

Another question we might ask is why people think this is relevant today? Is there evidence that Putin’s Russia is still attempting the same things?

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Comment by Blue Skye
2015-12-18 13:37:53

Globalism Mike. It is no longer country vs country.

 
 
 
 
Comment by Mr. Banker
2015-12-18 10:02:02

The gist of what this guy is saying is …

Dumb ‘em down, and profit.

Works for me.

 
Comment by palmetto
2015-12-18 10:09:00

Demoralization. Done BY Americans, TO Americans.

Comment by Mr. Banker
2015-12-18 10:16:54

A work of art.

 
Comment by Oddfellow
2015-12-18 10:18:20

Done BY Americans, TO Americans.

Well, zerohedge helps, and they’re Bulgarian, or whatever.

Comment by palmetto
2015-12-18 10:53:22

Zerohedge can be pretty dreary, that’s for sure.

However, sometimes it can be uplifting, as in yesterday’s reports on Warshington’s capitulation on Assad and Biden’s slap to Turkey.

And while the video of the poor peasant praying to his god in the face of chaos was not exactly uplifting, it was insightful and did give me food for thought.

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Comment by WPA
2015-12-18 09:43:02

LOL, Watts Up With That — the famous climate denier website — gets called out for contradicting itself in an embarrassing way. WUWT publishes charts showing clear and extensive global warming yet the narrative immediately adjacent to the charts is contrary to the charts. The credibility of Climate Denial, Inc. is slowly circling the drain…

http://www.businessinsider.com/charts-and-statistics-on-global-warming-climate-change-2015-12

Comment by redmondjp
2015-12-18 10:01:14

Wrong, WPA, the “science is settled” crowd is the one with no credibility:

http://dailycaller.com/2015/12/17/exclusive-noaa-relies-on-compromised-thermometers-that-inflate-u-s-warming-trend/

Got carbon credits?

Comment by Oddfellow
2015-12-18 10:16:12

“Exclusive” to the Daily Caller, eh?

Well, that overturns the world of science. Someone’s “figured out” their trick.

 
Comment by WPA
2015-12-18 10:23:43

Even if you accept this article’s premise — that only the “unperturbed” thermometers should be used — that data still shows the same rising temperature trend, only at a somewhat lower rate. What this slanted article omits is any discussion of ocean temperatures, which are not affected by urban heat islands. Those temperatures are going up rapidly as well.

Comment by Rental Watch
2015-12-18 13:18:16

Those temperatures are going up rapidly as well.

I don’t doubt that ocean temperatures are rising.

But the same questions apply. How are measurements being taken? Are the readings adjusted by human beings? How “rapidly” are temperatures rising?

Should we implement a one-child policy globally? Or should we give $500 gift cards to people who buy a Prius?

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Comment by rj chicago
2015-12-18 10:04:34

A different topic….
I have flown through LGA more times than I care to count - it IS without doubt the most disgusting place that I have ever had to encounter in the US - there are others in the world I have had the privelege of experiencing - but LGA is just utterly 3rd world…. and this proves it out…..the whole place smells like a crap hole.

http://newyork.cbslocal.com/2015/12/17/laguardia-airport-homeless-2/

Comment by MightyMike
2015-12-18 10:27:46

That must cause you great distress.

Comment by Mafia Blocks
2015-12-18 10:53:51

Not nearly the glee I experience watching you get your ass dusted here every day. :mrgreen:

Comment by MightyMike
2015-12-18 11:07:26

You’re hallucinating.

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Comment by Mafia Blocks
2015-12-18 12:21:38

Better luck in 2016 Snowflake.

 
 
 
 
Comment by palmetto
2015-12-18 11:00:28

Yeah, have to agree, been there many a time myself over the years. It can smell a bit ripe.

However, how do we know some of those sleeping folks aren’t passengers waiting for delayed flights and spending the night at the airport?

 
 
Comment by Rental Watch
2015-12-18 10:19:27

http://wattsupwiththat.com/2015/12/17/press-release-agu15-the-quality-of-temperature-station-siting-matters-for-temperature-trends/

Cliff Notes version:

Over time, the property around many weather stations was developed, which tends to increase surface temperatures (ie. asphalt, air conditioning, etc.). This necessitates “adjustments” by NOAA (ie. the data from these weather stations are influenced by human estimation).

If you look at the roughly 1/3 of NOAA weather stations that have not been meaningfully impacted by human development (and thus don’t require adjustments), the warming trend is less pronounced.

Science!

Comment by WPA
2015-12-18 10:33:45

Yes, man-made climate change is now disproved. All we have to do is ignore other facts, like ocean temperature sensors that aren’t affected by urban heat islands, shrinking ice caps, massive Greenland ice loss, disappearing glaciers, “1000-year” floods and droughts that happen every year, a record number of hurricanes and typhoons globally, coral bleaching, sea level rise, ocean acidification, etc. etc.

Comment by Rental Watch
2015-12-18 11:40:58

The discussion around global warming needs to be about what resources (and how) we should commit to combat it.

And that discussion relies upon good data.

The entire Paris climate talks are about how we can keep warming below a certain number of degrees. The world relies on the kind of data collected, analyzed and presented by organizations like NOAA to determine whether x PPM of CO2 leads to y degrees of warming, or z degrees of warming.

And that in turn leads to discussions about how much money India should put toward shutting down coal plants in favor of cleaner sources of energy (instead of using those resources to fight poverty, disease, develop infrastructure, etc.).

As such, I think these kinds of studies are important.

Comment by Rental Watch
2015-12-18 13:34:41

http://www.theguardian.com/science/2015/may/03/climate-change-scepticism-denial-lukewarmers

Intelligent debate is good. Here is a piece of the discussion.

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Comment by WPA
2015-12-18 14:27:16

Intelligent debate is good. Here is a piece of the discussion.

It’s one guy’s opinion, reasonably presented. He says global warming is happening but it won’t be as bad as the climate models say and the damage won’t be as bad as predicted. That’s fine, I will consider embracing his viewpoint when I see it accepted by a majority of independent scientists and published in peer-reviewed climate journals.

 
 
 
Comment by Blue Skye
2015-12-18 13:43:49

“Yes, man-made climate change is now disproved.”

Probably the best evidence that we actually have no clue about it is that people with no scientific training and no practical applied math experience, are absolutely convinced that it is true, and quantified to an accuracy far beyond the current capabilities of mankind.

 
 
 
Comment by Mafia Blocks
2015-12-18 10:30:43

Update: Dow Craters Another 250 Points As Global Economy Stumbles

http://www.marketwatch.com/investing/index/DJIA

 
Comment by Donald Trump
2015-12-18 10:57:05

Sometimes your best investments are the ones you don’t make.

Comment by Yogi Beara
2015-12-18 11:30:23

It sure get’s late earlier these days…

Comment by Combotechie
2015-12-18 14:01:39
 
 
 
Comment by Puggs
2015-12-18 11:43:09

I filled up for under $2 yesterday…It’s like 2002 again!

Comment by Blue Skye
2015-12-18 13:45:59

I am really enjoying it.

There is blowback though. My trash bill just went up $2. Apparently the recycling facility is not making as much money with prices off. Trash isn’t worth what it used to be.

Comment by Puggs
2015-12-18 14:33:51

Seriously?! Any excuse to gouge…..I sent United a customer care question about nixing their baggage fees now that oil is trading much lower than when they had to use bag fees to offset higher fuel cost. I was surprised to get a response albeit a benign one at that. Had to ask at least.

 
Comment by oxide
2015-12-18 14:59:30

Municipalities used to derive some income selling recycled cardboard to China to be made into shipping boxes. China’s shipping less so they need less cardboard. Not to mention plastic and scrap metal.

 
 
 
Comment by X-GSfixr
2015-12-18 12:23:28

If this kind of stuff “terrifies” people, I can’t imagine what they might do if a real problem occurred.

Http://tinyurl.com/pwdtekw

First of all, they didn’t descend “32,000 feet in eight minutes”. It was probably a descent from 32,000 to 10,000, a level off, then a descent and landing at Heathrow. No way would ATC have them at 32K 8-10 minutes from Heathrow.

Besides, even if you believe the “fact” 32,000/8 = 4,000 fpm The fixr has flown numerous time during which we had a descent rate of 4,000 fpm. Yeah,for an airliner that’s more than what you normally see, but the passengers would probably not have noticed if the cabin pressurization had been working.

(The fixr has also been in an airplane climbing at 6-7000 fpm for an engineering test flight, but I digess……….)

The “piece of wing falling off” is even dumber.

That piece is a fairing. It’s not structural. All it does is smooth airflow over the flap tracks. The guy they interviewed is an idiot. That piece could depart the airplane, and the crew would not even notice (unless some idiot in the back of the bus started having a hissy-fit about it)

One of the airplanes I used to work on lost almost all it’s engine cowls on the left engine during production flight test. Lower cowl wasn’t locked correctly at the factory, got ripped off during a descent, took the back half of the upper cowl off with it, along with doing some damage to the engine and the thrust reverser.

As it turns out, a buddy of mine was flying it when it happened. Said all they felt was a little “bump”, airplane flew normally, gave no warning lights/messages. Realized something had happened when they taxiied in, when all of the people on the flight line were looking at them and pointing.

 
 
Comment by CalifoH20
2015-12-18 12:56:26

(2013) The Iraq war has cost the U.S. more than $2 trillion so far and with interest could swell to more than $6 trillion, according to a study released Thursday.

As a fiscal conservative, I do not approve.

An extra $4 trillion factors in to pay interest through 2053. The study notes that because the Iraq War appropriations “were not funded with new taxes, but by borrowing, it is important to keep in mind the interest costs already paid, and future interest costs.”

Comment by The Central Scrutinizer
2015-12-18 13:31:13

… long after Cheney is dead. Deficits didn’t matter.

Comment by 2banana
2015-12-18 13:52:48

“How did you go bankrupt? Two ways. Gradually, then suddenly.”

 
Comment by X-GSfixr
2015-12-18 13:58:44

“Dead” money is right.

Spend 2 trillion dollars on education, K-12 or College, and you would get some kind of return.

To say nothing of filling all of those “can’t find qualified people” positions that we hear the constant bitching about.

Comment by redmondjp
2015-12-18 14:37:10

Well, they have to say that so they can justify filling the positions with low-paid H1Bs . . . it’s all part of the game.

We can thank Bill Gates Sr. for this.

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Comment by scdave
2015-12-18 14:38:35

Spend 2 trillion dollars on education, K-12 or College, and you would get some kind of return ??

Could two trillion have turned the nation into 100% electric passenger vehicles ?? Could it have built enough manufacturing to take residential housing off the grid with solar ??

Noooooooooooo…Lets dump it down a rat-hole with invasions & bombs….Thanks George…

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Comment by 2banana
2015-12-18 13:32:51

And there is only one candidate who talks about the wasted money and lives…

Trump.

Comment by scdave
2015-12-18 14:39:47

I will give him that…

 
Comment by CalifoH20
2015-12-18 16:48:18

yet he wants to spend trillions on making the military larger and building a wall, but of course we get a tax cut too. m a g i c

Comment by MightyMike
2015-12-18 17:33:06

Years ago it was called voodoo economics.

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Comment by MightyMike
2015-12-18 13:54:05

As a fiscal conservative, I do not approve.

We’ll keep this in mind if you decide to run for office.

 
 
Comment by phony scandals
2015-12-18 17:14:57

Bernie Sanders’ campaign manager accuses Democratic National Committee of trying to sabotage the campaign with punishment over voter data breach

BY Meg Wagner, Rich Schapiro
NEW YORK DAILY NEWS
Updated: Friday, December 18, 2015, 6:28 PM

“By their action, the leadership of the Democratic National Committee is now attempting to actively undermine our campaign. This is unacceptable,” Sanders’ campaign manager Jeff Weaver thundered hours before the suit was filed.

“Individual leaders of the DNC can support Hillary Clinton in any way they want, but they are not going to sabotage our campaign.”

Clinton campaign manager Robby Mook accused the Sanders camp of downplaying the seriousness of the incident, saying the breach “may have been a violation of the law.”

“This was a very egregious breach,” Mook added. “Our data was stolen.”

http://www.nydailynews.com/…staffer-fired-accessing-clinton-data-speaks-article-1.2470129

 
Comment by Raymond K Hessel
2015-12-18 18:48:51

“I felt a great disturbance in the force today, as if millions of hedge funds cried out in terror and were suddenly silenced.”

Comment by azdude
2015-12-18 19:00:06

when is yellen going to cut? lmfao

 
 
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