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Did your assets get hammered by the commodities downturn?
Poor Uncle Warren!
ft dot com > Companies > Financials >
Financial Services
December 29, 2015 7:12 pm
Warren Buffett faces worst year on stock market since 2009
Stephen Foley in New York
Investment guru Warren Buffett is headed for his worst year relative to the rest of the US stock market since 2009, with shares in his conglomerate Berkshire Hathaway down 11 per cent with two more trading days to go.
The underperformance comes in Mr Buffett’s Golden Anniversary year at the helm, when he told investors for the first time that they should judge his record based on Berkshire’s share price, rather than just the book value of the company, which had been his preferred yardstick for decades.
Mr Buffett urged them to make that judgment based on the long term, rather than on a single year, reflecting investing mentor Benjamin Graham’s view that the stock market may be a “weighing machine” in the long run, but in the short term it is a “voting machine”.
But in 2015, the market has been voting negatively on Berkshire’s prospects for weathering the decline in commodity prices, according to Jim Shanahan, analyst at Edward Jones.
Although Berkshire has no oil and gas subsidiaries, its railroad business transports oil, coal and agricultural products, and its manufacturing arm sells products to the shrinking oil industry. Weak results from Berkshire’s insurance divisions in the middle of the year may also be due to lower oil prices, Mr Shanahan said, since lower petrol prices mean drivers and truckers are on the road for longer and having more accidents.
“They are impacted by the weak resources sector and commodity prices in general,” he said.
…
he is a leech on society
how are his oil trains doing
helping the environment by stopping XL pipeline
Nope. Have cash on the sideline, wondering when to buy VDE……the big question: will China meltdown?
China is already melting down. It’s a process, not a big event Jingle_Fraud.
Aluminum smelters in China continue to produce at prices 20% below cost. Primary manufacturers like smelters and are getting big funding to continue losing operations. These loans are acting to hold up GDP under the category “Service Industry”. Secondary manufacturing has hit a growth rate of 0%. One district of Beijing (Tong) has already announced that it will force out 5% of its migrant workforce in 2016.
And the melt goes on.
melting down and smelting down
Well, now we know how China’s “service industry” will grow.
BBC NEWS
Asia
China’s ‘new normal’ - a bit too much like the old normal
Carrie Gracie China editor
29 December 2015
From the section China
Image copyright Reuters
Image caption
Xu Ming, seen here in 2002, was once a business ally of disgraced Chinese politician Bo Xilai
The ashes were delivered within two days of the death. No autopsy for the 44-year-old tycoon whose flamboyant career had culminated in a spectacular political scandal and corruption trial.
But Xu Ming was due for release within months and he had recently told friends he was in excellent condition. So when the man who knew so much about the murky connections between China’s political and business elite suddenly died of a reported heart attack on a prison toilet, rumours swirled.
News of his death was suppressed in official media. But on social media, another billionaire commented.
“In the eyes of a government official, we are nothing but a cockroach. If he wants to kill you, he can; if he wants to keep you alive, he can.”
2015 was a year in which many of China’s high profile businesspeople might have agreed that they enjoyed the trappings of power and wealth only at the whim of the authorities.
“Why would the government want to target me?… I believe in the future of China. I believe in the Party’s reform policy.”
So pleaded Guo Guangchang, the self styled Warren Buffet of China. But displays of loyalty and patriotism were not enough to protect the chairman of Fosun Group from disappearing for a humiliating weekend of police questioning.
As the year drew to an end, the underlying mood among the super rich was one of unease and insecurity.
It is not new for China’s anti-corruption campaign to net top business people. Many fortunes have been made in ways that would not bear close scrutiny.
But in the aftermath of the summer’s stock market meltdown, the hunt for villains has become intense, targeting many of the financial sector’s biggest investment bankers, brokers and even regulators.
Without transparency or clear rules it is hard to see how this can amount to more than a witch hunt. The stock markets themselves have not been fixed.
And if China’s economy is going to change into the much-vaunted “new normal”, it desperately needs to encourage private enterprise, rather than scare off those cunning and mobile enough to export their capital abroad.
It has been a tough year all round for the new normal. The slogan is shorthand for the government’s plan to shift from high speed growth, driven by exports and infrastructure investment, to slower, cleaner growth powered by domestic consumption.
“We don’t have a lot of time left and the only way forward is reform.”
So said China’s Finance Minister Lou Jiwei in a controversial speech in the first half of the year. A torrent of deteriorating data in the second half soon underlined his point.
It was clear that the only way China could reach its 7% growth target without resorting to old style stimulus was for consumption to surge, and it was equally clear that consumption was not surging.
Underlining the point, as the year drew to a close, Beijing’s technocrats were also accused of massaging the figures to hide the shortfall.
…
Hint: The all-out collapse of industrial commodities shipping and prices does not resonate well with the world’s leading commodities consumer nation growing at seven or even five percent.
Another explanation for the commodity crash might be a delayed but continuing unwind of all the leverage that created the commodity excess capacity in the first place.
Incredibly, oil fields, mines, and smelters can continue to produce at a loss until their owners decide to throw in the towel. Or, as with the Saudi’s, produce more to make up the shortfall.
Agreed. The leverage enabled and even required producers to continue sending a flood of supply into the extant glut, in order to attempt to continue covering their debt service costs.
Same thing happens to the value of your labor during a recession, but you must continue in order to provide for your family. This is where the STEM education pays off.
The Street
China Faces 2016 Crisis as Bad as U.S. Mortgage Meltdown
Bradley Keoun
Dec 28, 2015 9:29 AM EST
China faces a “sudden stop” in its economy in 2016, as the government loses its ability to prop up state-subsidized industries and capital flight prompts a significant devaluation of the country’s yuan, according to the analyst who accurately forecast Russia’s stock-market crash in 1998.
JP Smith, who worked at Deutsche Bank before leaving last year to start independent research firm Ecstrat, says conditions in China look as ominous as those in the U.S. on the eve of the 2008 financial crisis, and in Korea just before the 1997 Asian crisis. As a result, Chinese stocks face greater downside potential than those of any other global market, he wrote in a Dec. 17 report.
…
Have you considered dollar cost averaging into the Vanguard Energy Mutual Fund (VGENX)?
It takes a little time but once you make your initial investment into a fund it’s possible to automatically exchange funds daily into a the new fund from a different Vanguard fund.
The technique I use is to set up 5 different weekly transfers (M, T, W, Th, F) into the funds I want to dollar cost average. For example, instead of investing $50 a week once a week, you could set up a daily investment of $10 a day five days a week.
If you use the automatic exchange from one fund to another, there is no minimum investment amount.
Great tip…thx!
I told u to go long commodities buddy. Thank me later.
Yes, very cool, thx.
VGENX is not an etf, is it? How do you buy play that?
VGENX is a mutual fund. You make an initial investment into the fund and additions over time.
What the point of all that day trading and doesn’t it run counter to the idea of a mutual fund anyway?
It’s not day trading. It’s making additional investments over time by adding a little bit every day. Look up “dollar cost averaging”.
Instead of investing, say, $10,000 all at once into a fund, you can invest an initial $3,000 and put the remaining $7,000 in over time in much smaller daily increments.
What prompted my original post was Jingle’s “Have cash on the sideline, wondering when to buy VDE” statement. Rather than timing the market this is a technique to establish a position and add to it over time.
Why not stick it all in at once, what advantage are you trying to get?
Seems like a form of day trade or at least in the spirit of that. And isn’t the point of a mutual fund to set it and forget it.
From the Wikipedia Dollar Cost Averaging page:
“Dollar cost averaging (DCA) is an investment strategy for reducing the impact of volatility on large purchases of financial assets such as equities. By dividing the total sum to be invested in the market (e.g. $100,000) into equal amounts put into the market at regular intervals (e.g. $1000 over 100 weeks), DCA reduces the risk of incurring a substantial loss resulting from investing the entire “lump sum” just before a fall in the market. Dollar cost averaging is not always the most profitable way to invest a large sum, but it minimises downside risk.”
“In essence, the technique works in markets undergoing temporary declines because it exposes only part of the total sum to the decline. The technique is so-called because of its potential for reducing the average cost of shares bought. As the amount of shares that can be bought for a fixed amount of money varies inversely with their price, DCA effectively leads to more shares being purchased when their price is low and fewer when they are expensive. As a result, DCA can lower the total average cost per share of the investment, giving the investor a lower overall cost for the shares purchased over time.”
Dollar cost averaging is a way of getting around buyers remorse, guilt over one colossal bad decision. Spread it out over time and losses are not your fault. Guaranteed gains during periods of credit expansion. Guaranteed losses during deflation.
Seems silly with a mutual fund though.
Bubba, I like your idea. If I had the extra salary in my contracting past, I would consider it. But I want to be in a nuclear energy ETF.
buy and hold is dead.
Marketwatch dot com
Crude slumps more than 2% as supply woes persist
By Jenny Hsu
Published: Dec 30, 2015 4:51 a.m. ET
Natural gas futures slide after big gains Tuesday
Getty Images
Crude prices slumped on Wednesday as fear of expanding crude inventories in the U.S. eroded earlier gains.
On the New York Mercantile Exchange, light, sweet crude futures for delivery in February (CLG6, -2.51%) slid 85 cents, or 2.2%, to $37.03 a barrel, while February Brent crude (LCOG6, -2.09%) on London’s ICE Futures exchange fell 69 cents, or 1.9%, to $37.09 a barrel.
Oil prices first surged around 3% overnight as the prospect of colder weather in North America elevated expectation for stronger demand for heating fuels. However, prices quickly turned south after the American Petroleum Institute said their estimates show U.S. crude stocks likely grew by 2.9 million barrels in the week ended Dec. 25. Many analysts and firms had expected a decline.
The official data will be released by the Energy Information Administration later today.
“The situation of oversupply is not an easy one to solve, especially if there is not a strong catalyst to spur demand quickly,” says a Singapore-based trader who added that trading volume will remain thin ahead of the New Year holiday break and thus the market is susceptible to volatility.
…
Region VIII
“For the first time since the tech boom, Colorado added nearly 101,000 people to its population in a single year — a larger-than-expected increase that helps explain Denver’s overheated housing market.
“We were surprised that migration came in so strong. We had been forecasting about 10,000 slower in migration,” state demographer Elizabeth Garner said.
Colorado’s population reached 5,456,574 as of July 1, up from 5,355,588 the same day a year earlier, according to updated estimates released by the U.S. Census Bureau on Tuesday.
http://www.denverpost.com/business/ci_29298860/colorados-population-jumped-by-101-000?source=pkg
Tech collapse in 3, 2, 1 … Eventually someone has to buy groceries from webvan or dogfood from pets.com. No revenue = tech collapse.
Calling those companies “tech” is risible. They’re retailers.
Amazon?
Amazon does sell cloud services, pets.com does not.
Whatevs, it’s coming for them all, fraud Ponzis all, Goog, Amaz, Facebook, Twitter and hundreds more who base their balance sheets on stone soupian economics, smoke and mirrors.
For the first time since the tech boom, Colorado added nearly 101,000 people to its population in a single year
For the love of Pikes Peak! Will you people please stop moving here? The job market is mediocre and the cost of living is high. And we’re running out of water. And you do know that it snows here, right?
Please, please go to Texas. You’ll be much happier there.
Real journalists at Huffington Post report that Jeb! is a looser:
“Bush has already spent over $50 million, and it hasn’t done him much good. He’s below five percent in most national polls, and isn’t much better even in New Hampshire — which was supposed to be an easy pickup for him, being the establishment Republican favorite and all. But even after spending all that money, Trump still dominates the state race, with Bush far behind (and nowhere near second place, even). So will another flood of advertising help in any way?
http://www.huffingtonpost.com/chris-weigant/all-the-money-in-the-worl_b_8887022.html
Wait, don’t rally behind Trump because all these single digit losers will somehow add up to a single conservative powerhouse at some point.
And as for how anyone could be foolish enough to think America now parallels Germany in the 30s with its decades of poverty and deprivation after WWI, I have this:
America currently is about as far from Germany in the 1930s as you can get. Unlike Germany then we have a ridiculously high standard of living, even for the poor and downtrodden on the dole with cable tv, smartphones, good and plentiful food and Section 8 houses in great neighborhoods. We have instant communications media and the ability to connect with others as never before. We have freedom of movement inside or outside the country. Heck we have Uber! We are closer to Star Trek than Germany in the 30s. If you think these plentiful conditions are ripe for a fascist tyrant you need to take an Uber ride.
jeb needs to change his last name to trump.
Queue the Bush family hat trick.
“America currently is about as far from Germany in the 1930s as you can get.”
That observation offers scant assurance that demagogues won’t use fear mongering and race baiting to find support among ignorant, bigoted cowards.
It’s every American’s choice whether to side with bigotry and cowardice.
+1
Prejudice is a mental disease.
But it is healthy to be prejudiced against bigots.
Bill may soon be moving back to Az anyway:
http://www.newsmax.com/Newsfront/California-Gun-Law-Seize-Guns-Without/2015/12/30/id/707588/
Effective January 1 police in California will be able to confiscate an individual’s guns for 21 days if a judge determines that the owner of the guns poses a threat to society. This will be known as a Gun Violence Restraining Order, or a GVRO
A new California gun control law takes effect next week that will allow police, without prior warning to a gun owner, seize their weapons if a judge decides there’s a potential for violence.
Connecticut has had this law for a few years. Seems to have worked great.
A pause in the face of a potential threat, that is what this law is. Where have I heard this before? Hmmmmmmmm……
Ignore the evidence that shows somewhere between 5 and 20 percent support jihadi killers and just call everyone a bigot. Also lie about whether it was a pause or a ban on all Muslims. That’s okay, I get that you can’t see clearly because it is personal to you due to family ties. Bill can’t see clearly because he is so lonely and hurt that he shuns others in favor of some isolationist fantasy that he claims is his choice. Keep supporting murderous killers who leave 6 month old babies behind to kill Americans and create orphans.
Bigotry is bigotry. The only way to refute it is when you meet a Muslm so much more humane and kinder than a Christian, I lived with her for three years in Arizona. She is Kuwaiti.
I hate bigots.
What discussions did you have with her about the radicals in her mosque? My bet is none.
Ron Paul was and is considered a bigot in some enlightened circles.
Shriekers gonna shriek. Grow a pair…you’re an embarrassment to America.
I lived with her for three years in Arizona. She is Kuwaiti.
I see, you banged a Muslim chick for three years, thus the Muslim faith is awesome. I wonder if Charles Martel or Spain after the Muslim conquest would have agreed with you.
I agree, people who refuse to acknowledge that a significant minority of Muslims are trying to hijack the religion are an embarrassment to America.
No one here is denying that there are good individuals who are Muslims. What some people are concerned about is how they behave collectively. And it is clear that a minority can drive that mass behavior.
There are plenty of good Americans, yet most countries fear and hate the USA, and for good reason.
I thought Bill was an atheist who hated religion also. Ironic that he and the leftist religion haters choose this one to champion, where even the moderates keep men and women segregated.
He’s not championing anything… he’s telling you not to be such a terrified wuss.
Tell the orphans of 14 dead not to be terrified. Or thier own kid who they made an orphan. Or the numerous others injured. 10,000 linked to terror visas revoked and people unaccounted for. And that only what they admit to. You should be terrified of the 5-20 percent of crazies who support this stuff.
14 dead? More people die crossing the street every day. If you’re afraid of those odds, you better stay in your house.
14 dead? There have been 355 mass killings this year alone - are you going to apologize for the WASP’s since most of the perpetrators belonged to that demographic?
“And it is clear that a minority can drive that mass behavior.”
Take Trump, fot instance: A minority of one with buckets of money and a bully pulpit.
We get it from your hugfest yesterday; Trump is a Nazi because he pretends not to be and because all governments are Nazi or Commie.
Trumps biggest danger is to the corrupt marriage of Wall Street and FedGov.
I am curious to know if you favored Ron Paul in 2008 or 2012? Explain any similarity and any difference between Ron Paul and Donald Trump. I favored Ron Paul. Especially because he was not a threat of bringing totalitarianism.
Bill,
I don’t begrudge you your views. I don’t understand how they play out in a practical sense, but that’s no big deal. You are not interested in taking my stuff except in fair play. I do not like Trump personally. I like very much that his appearance exposes a big hole in the wall around DC/NYC in the hearts and minds of millions of us. I am against wars of aggression and empire. I like that he is not PC and I don’t think he is as dangerous an individual as you do to liberty and honest dealing. Just my opinions, not a dogma.
Yes I liked Ron Paul. Not 100% personally, but the movement against the corrupt machinery yes totally.
“I am against wars of aggression and empire.”
But Trump seems likely to be FOR wars of aggression and empire.
“It’s every American’s choice whether to side with bigotry and cowardice”
They voted for a proven racist and Muslim supremacist twice in ‘08 and ‘12.
The ultimate in cowardice is slicing a person’s head off with hands tied behind the back. Murder is the most vicious bigotry.
‘Keep supporting murderous killers’
That this stuff is perpetuated is what gives me less hope for this country. ISIS and Al Quaeda were created and are supported right now by the US and its allies. But it doesn’t matter how many times you are shown the truth, it’s right back to this MSM horse hockey. Here’s how twisted it’s gotten:
‘Who is the arch racist, Hillary or Trump? To answer that, let us ask another question, a simple one. Which is worse: to denigrate some members of a group or religion or race – or to kill them by the millions? And maim more millions and displace even more millions? Which is more “racist”? With that in mind, who is the arch racist, Hillary or The Donald?’
‘Do the liberals who criticize Trump, but not Hillary, as racist forget the slogan of the anti-Vietnam War movement, “Stop the Racist Bombing.”
‘Then consider the careers and statements of Hillary Clinton and Donald Trump. Is there any doubt who is the greater offender in terms of hostility to Muslims? And yet in all of the accusations of “racism” hurled at Trump from the editorial pages of the New York Times to the most “progressive” web sites and outlets, there appears no corresponding charge against Hillary as racist. That is symptomatic of a deep imperial sickness, an inability to see what is all too clear. It is also an indication of the deep reach of the elite into all outlets of communication from the mainstream to most of the alternative ones and even into the minds of supposed progressives.’
‘Let us consider some of the things that Donald Trump has had to say, most notably the following from the last debate of 2015 among the GOP candidates: “TRUMP: In my opinion, we’ve spent $4 trillion trying to topple various people that frankly, if they were there and if we could’ve spent that $4 trillion in the United States to fix our roads, our bridges, and all of the other problems; our airports and all of the other problems we’ve had, we would’ve been a lot better off. I can tell you that right now.”
“We have done a tremendous disservice, not only to Middle East, we’ve done a tremendous disservice to humanity. The people that have been killed, the people that have (been) wiped away, and for what? It’s not like we had victory.”
“It’s a mess. The Middle East is totally destabilized. A total and complete mess. I wish we had the $4 trillion or $5 trillion. I wish it were spent right here in the United States, on our schools, hospitals, roads, airports, and everything else that are all falling apart.”
“With that statement of 2004 you could not get further from the sentiment expressed by Hillary’s support for the war on Iraq or the proclamation by her close colleague Madeleine Albright that the Clinton sanctions on Iraq which killed hundreds of thousands, five hundred thousand children among them, were “worth it” to overthrow Saddam Hussein! And Hillary herself peddling every neocon war in sight from Iraq to Libya and now Syria. How can the liberals and progressives excoriate Trump but not Clinton as “racist”? And how can they ignore Trump’s words of compassion for those on “the other side”? Those words are unique among the current contenders for the presidency and they ought to earn Trump a sobriquet quite different from “new Hitler” or “racist.” Have the so-called progressives lost touch with reality?”
“And now Hillary claims that Trump’s words fuel the fire of ISIS. The fires of ISIS were raging long before Trump made his appearance on the national political scene. And they burn bright because the wars waged by the demented Hillary and the rest of the Washington political elite provided the fuel that fed the Jihadist flame. Trump’s words, advocating a temporary halt to the entrance of Muslims into the U.S., if they have had any effect at all, were but a handful of woodchips next to the forests of fuel that Hillary’s wars provided the conflagration that is ISIS. But Hillary is no stranger to the most outrageous of lies, including the charge that ISIS has made a video featuring Trump.”
“Now on late night TV Hillary, despite all the blood of non-whites on her hands, has the gall to say that Trump is “dangerous.” He certainly has become a danger to her shot at the presidency. But for her to act as though she cares one wit about the lives of people of color, especially Arabs and Muslims, is a very sick joke.”
“In the context of the presidential campaign, my liberal and progressive friends, go ahead and excoriate The Donald to the max for any genuine racism or bigotry. Have at it. This writer for one welcomes it. But do not do so without mention of Hillary’s record with the blood of millions of Muslims all over it, as the New York Times does. At best that is a half-truth, which of course is a full lie.”
http://antiwar.com/blog/2015/12/28/who-is-the-arch-racist-trumporclinton/
So what level of cowardice is it to kill millions of people from behind desks in DC or while zipping around in limos and private jets?
Have the so-called progressives lost touch with reality? Yes. Have the so-called conservatives lost touch with reality? Yes. There are several versions of alternate reality the majority of the people in this country operate under every single day.
You don’t need to believe in trillion dollar Middle East wars and intervention (which I don’t support) to believe there is some level of serious threat from radical killers here (which I do believe). These killer’s imam has already been shown as a liar, lying about how well he knew them. What if the investigations turn up more radicals supporting the killing, in San B and other places? That would be terrible for Muslim relations.
And as for a pause DHS has admitted there are 10,000 people whose visas were revoked for terrorist ties and they don’t know where they are. A pause seems sensible.
The ultimate in cowardice is slicing a person’s head off with hands tied behind the back. Murder is the most vicious bigotry
Same goes for droning and dropping bombs.
Of course, Trump hasn’t had any opportunity or ability to kill millions in the Middle East yet.
He has promised to bomb the sh*! out of them when he gets the opportunity, though.
He has promised to bomb the sh*! out of them when he gets the opportunity, though.
And W said he would carry out humble foreign policies.
Are you saying Trump is lying to get votes?
Yes, yes and yes.
We have a bunch of crybabies that act like we’re worse off than Weimar Germany. It could come to the same result.
And falling prices to dramatically lower and more affordable levels is the answer Russ.
I doubt the psychological impetus is there without breadlines. People don’t need to be rescued from Arby’s and their iPhones. Not many ribs showing in this land of plenty, except the McRib (a sandwich well worth fetching).
Probably not… The wailing will be loud and sustained thought.
O’Malley: The Democratic Primary Is ‘Rigged’
Worse than rigged, a planned con of the rubes. Barney is only there to make Billary appear more reasonable and to rile up and throw red meat to the leftist base rubes who worship Santa Claus as their God. I think they’ve misplayed it though and that many will stay home rather than hold their nose and vote for Billary. If Barney was a real candidate he’d be talking about running independent the way he is polling, but you never hear that do you? Wonder why.
When 95% of the electorate are proven retards, conning them is child’s play.
And yet, Trump.
Proven retards will find his bluster appealing.
Who is it that is close to you that is a Muslim? Have you ever had a real conversation with them about the radicals in their community? Everyone I have admits there are some far out crazies who support this stuff. You got the wrong folks labeled as Nazis.
Hillary for Prison 2016!
be talking about running independent the way he is polling, but you never hear that do you ??
You definitely hear about it on the other side…Here is a excerpt that I think is spot on and IMO it all started with the election in 2000;
Other candidates had to backpedal and remind voters that George W. Bush made clear his “war on terror” was not a war against Islam.
Trump has given voice to the ugliness and anger that the party spent years encouraging and exploiting. He let the cat out of the bag, and it’s hungry.
The party might nominate Trump, in which case the establishment will have lost all control. Or party leaders might somehow find a way to defeat him, in which case they will have lost the allegiance of much of the base. In either event, the GOP we once knew is irredeemably a thing of the past.
http://link.washingtonpost.com/click/5813505.61614/aHR0cHM6Ly93d3cud2FzaGluZ3RvbnBvc3QuY29tL29waW5pb25zL2hvdy1kb25hbGQtdHJ1bXAtaXMtZGVzdHJveWluZy10aGUtcmVwdWJsaWNhbi1wYXJ0eS8yMDE1LzEyLzI4Lzc0NzY2OGY2LWFkOWUtMTFlNS05YWIwLTg4NGQxY2M0YjMzZV9zdG9yeS5odG1sP3dwbW09MSZ3cGlzcmM9bmxfb3BpbmlvbnM/5483d0d93b35d046478bdbf7E77d1ea56
Thank you Dave for making my point even more clear. And I don’t even have to wait until thanksgiving.
In either event, the GOP we once knew is irredeemably a thing of the past.
What’s wrong with that? It’s an end of a fraud that we should be celebrating not berating. There’s one more to go…hopefully the Dems as we know today implode the same way in near future.
That would be a positive. A way forward.
If Barney was a real candidate he’d be talking about running independent the way he is polling, but you never hear that do you? Wonder why.
There could be many reasons that’s he’s not interested in running as an independent. One is that an independent has never won a presidential election.
Barney Saunders can’t win regardless of the sick ticket he runs on.
Barney Saunders is pro-debt slavery.
One reason could also be that he is a knowing shill for Hillary. At least talking about an independent run could get him some concessions from her on policy issues, but you don’t even hear it. Instead he shakes her hand and gives her a pass on everything. Now in at least 2 debates. Barney is a fraud and a shill.
You think that a statement from Sanders threatening to run as an independent would get Hillary to change some of her positions? That doesn’t sound likely. There are probably aren’t any examples of that ever happening.
Another MilkyMikey classic “oh yeah, sez you” response. No true politician ever just trades away leverage for nothing. Demagogue Barney is a shill.
So what did Sanders trade for his leverage? Or is he not a “true politician” according to you? I suppose that this must happening on the Republican side. All of the Republican candidates who have not threatened to run as independents must received something for not making such threats.
MilkyMoron are you 14? Cmon seriously they need better entrance exams for the SPLC. I said he’s a SHILL!
Gee, those are some cutting insults there. I pointed out that your shill theory makes no sense and that’s your response. I could be 14. There are a lot of bright 14 year-olds who could poke holes in your nonsense quite well.
You sure do talk alot SnowFlake.
“worship Santa Claus as their God.”
“When you talk to your relatives, neighbors and coworkers they all act like they are buy and hold long term investors. They are either lying or oblivious. Someone who is 60 years old and has accumulated a significant 401k nest egg invested in stocks can not afford a 50% haircut in their retirement portfolio. Anyone with a significant amount in the stock market will have to have balls of steel to not panic as their life savings is cut in half – AGAIN. Three times in fifteen years is pretty hard to swallow. The debt markets (junk bonds) are a flashing red warning light. To not heed the warnings of the market would be foolish. Hussman couldn’t be any clearer, just as he was in 2000 and 2007.
Anyone fully invested in the stock market at this point in time is delusional and mad. If they think they can sense danger before the rest of the herd and exit once the stampede starts, they are badly mistaken. Just as they were in 2000 and 2007. Now is the time to regain your senses and stop playing in this rigged Wall Street game.
Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.”
http://davidstockmanscontracorner.com/the-herd-is-heading-for-a-cliff/
Stockman’s permabear posts are music to a contrarian’s ears.
Trump allegedly schooled this reporter from MSNBC
http://www.wnd.com/2015/12/trump-ramps-up-attacks-on-bill-clinton/
Another proud graduate of Trump school?
Half a truth is often a great lie.
Benjamin Franklin
At first I thought this was a joke, but apparently the process to make this a law is real. Whether it succeeds or not is another matter.
http://www.zerohedge.com/news/2015-12-29/california-politicians-could-soon-be-forced-wear-logos-top-corporate-donors
I like this idea. I think all lawmakers at every level should be required to do this.
Would unions be excepted?
Wouldn’t most of the donors be Super-Pacs with vague names?
I wonder if companies would try to out-donate each other to get their marketing out there on CSpan? Like how stadiums carry corporate names.
“Where do we stand now, economically?
Well, we are right back at it: trying to stimulate growth through easy money. It hasn’t worked, but it’s the only tool the Fed’s got. Meanwhile, the Fed’s policies widen the wealth gap, which feeds political extremism, forcing gridlock in Washington. It seems the world is headed toward negative real interest rates on a global scale. This is toxic. Interest rates are used to price risk, and so in the current environment, the risk-pricing mechanism is broken. That is not healthy for an economy. We are building up terrific stresses in the system, and any fault lines there will certainly harm the outlook.”
http://davidstockmanscontracorner.com/the-big-short-revisited-michael-bury-on-the-next-crisis-and-how-fed-policy-is-toxic/
“Interest rates are used to price risk, and so in the current environment, the risk-pricing mechanism is broken.”
Real interest rates are years away probably more than a decade.
until we default there will be no real interest rates.
And demand will continue to collapse.
Here they come! Cuban migrants stuck in Costa Rica to be allowed passage to the US. As if Mariel wasn’t enuf.
http://www.reuters.com/article/us-cuba-migrants-idUSKBN0UC01L20151229
Commie website Counterpunch provides a warmist narrative:
http://www.counterpunch.org/2015/12/29/no-denying-it-climate-change-is-happening-now/
Nuclear power otherwise not serious.
Ben Jones the following is a narrative:
http://www.counterpunch.org/2015/12/29/israel-disgraces-judaism-militarism-orthodoxy-authoritarian-mindset/
And now back to your regularly scheduled Drudge Report links
I’m worth far too much money. I don’t need anybody’s money.
My phone has started auto-capitalizing “The” when I type out the name of The Donald, has anyone else noticed this?
“I don’t need anybody’s money.”
Don’t need anybody’s split-tail either.
“Stocks Down, Bonds Down, Gold Down, Crude Down, Dollar Down”
http://www.zerohedge.com/news/2015-12-30/stocks-down-bonds-down-gold-down-crude-down-dollar-down
Neocons gonna neocon:
“Like all other battlefield deaths in the Middle East, the Obama administration rationalizes these latest as being part of “training, advising, and assisting,” not combat. But those are merely code words for direct interventions that Congress has not authorized since 2002, in clear violation of restrictions the War Powers Resolution of 1973 places on presidential power.
There will be plenty more casualties in the Middle East for years to come, and not just because of the seemingly permanent US military presence in Iraq and Afghanistan. Consider two recent news items. According to a plan not yet formally approved, the Pentagon wants to create a worldwide string of “hubs” as staging areas for Special Operations forces to strike quickly against terrorists. Second, most members of Congress are unwilling to introduce and debate a bill authorizing the Obama administration’s use of force in the Middle East and beyond. Thus, there is no end in sight to the US at war, both because the Pentagon has found the perfect enemy and because no one in Congress is willing to stand up to it.
http://www.counterpunch.org/2015/12/28/us-imperial-war-presidency/
Pamela Geller rallies the base with a fear narrative:
http://www.breitbart.com/big-government/2015/12/29/geller-jihad-in-america-2015-the-danger-to-the-homeland-has-never-been-greater/
No smaller government or less regulation or lower taxes happening here
Only bigger government can protect us from a bunch of goat humpers in Toyota pickups! Anyone that says different is a threat to my personal safety and should be put in isolation.
There could be smaller govt, less regulation and lower taxes if they’d just focus on the problem and not grandma in her wheelchair going through the airport. But no, then they’d be accused of being bigots.
Soon as they do, somebody will put a bomb in gramma’s wheelchair. Do you seriously think somebody is going to try to smuggle a bomb while wearing a turban?
No, but there are numerous markers identifying a small subset that can be more carefully screened at borders or in airports, fundamentalist Islamic religious dress (not Sikh turbans) being one. Recent travel by person or companions to certain countries is another. Visa status is another along with the age demographic of 20-40 males. Nothing is foolproof, there will forever be a cat and mouse, and some randomness in searches is necessary. But what we have now isn’t random, it is deliberately ignoring more suspicious in favor of grandma.
…and those markers are all known to the people that want to blow up airplanes.
By the way, how many airplanes have been blown up by bombs in the last 5 years… the time that the muslim menace has been at a fever pitch? Despite random, spotty, screening that has been shown again and again to be ineffective at keeping dangerous items off planes?
You are being manipulated with phantom fear and bigotry. That stinky guy in the beard and turban in the aisle seat is a threat only to your olfactory senses.
There was that one in Egypt recently, carrying a lot of Russians. Putin responded by stepping up bombing of ISIS oil trucks headed into Turkey. Note how the US satellites couldn’t see hundreds of trucks streaming into our NATO partners country.
Why limit it to airplanes? Why not community centers? And even if they know some of what is being looked at, why keep hassling grandmaw?
You are being manipulated by racial group identity political pimps who want to form coalitions based on skin color and minority status, even when the groups’ own interests conflict, like those of moderate and radical jihadi Muslims.
What motivation do these people have to manipulate me into being in terrible danger from jihadi terrorists? Are you one of those “Obama is a seekret muslin that wants to destroy ‘murica” types?
People over 75 don’t have to take their shoes off to go through security.
Codgers make the perfect shoe bomber… they don’t have long to live anyway, and can pack a lot of C4 into those orthopedic shoes of theirs.
I’m not going to feel safe until gramps gets a cavity search.
Motivation is group identity racial political pimp politics trying to force all into voting one way.
… like the folks that are screeching that we’ll all die if anybody votes democrat?
You are ridiculous. Shine on, you crazy diamond.
Open the borders and give everyone all the free shit. That is the Democratic platform.
Give us you’re poor, you’re tired, you’re 90 percent.*
*deliberate you’re
Now you’re just flailing around, barfing up talking points. Try to pay attention.
Article for joesmith, who has coincidentally been AWOL from the HBB lately:
U.S. gay sex slave trial exposes dilemmas faced by male trafficking victims
https://ca.news.yahoo.com/u-gay-sex-slave-trial-exposes-dilemmas-faced-123656039.html
Lola and Liberace compete for attention.
Are you angry that The Grinch stole the Santa Claus rally?
the smart money is selling bigtime. Will u come to my retirement party after the superbowl?
Let us know when you retire your debt.
Los Angeles, CA Housing Craters; Prices Dive 7% YoY As Housing Correction Gains Traction
http://www.zillow.com/los-angeles-ca-90046/home-values/
The following is a narrative:
http://www.theguardian.com/commentisfree/2015/dec/30/feminism-not-just-a-fad-anti-feminists-are-angry
Invest in boxed wine and cat food companies
AF/BB
You said it, not me, Superstar
You taught me, Master Po
This appears to be some kind of disaster narrative:
http://www.bloomberg.com/news/articles/2015-12-30/the-floods-of-five-rivers-heading-for-the-u-s-industrial-south
Wow, flood damage is so thorough too. Sad.
mi amigo el nino
Region VIII’s own Rubio fluffer:
“A shrewd and cautious politician, Gardner supports Marco Rubio’s bid for the Republican nomination. The Coloradan’s anti-Trump rhetoric—stronger than that of most Republicans—underscores the concern among office-holders over the impact the billionaire showman is having on the party.
http://www.bloomberg.com/politics/articles/2015-12-29/colorado-republican-says-trump-is-hurting-party
A Bloomberg article by liberal Al Hunt. Pretty much a Trump endorsement.
nov homes sales sckd even w globul warming boost
oh, the humanity
I used to live on West 108th St about 2 miles from where the police shot him
Coalition announcing demands for justice in wake of Tamir Rice decision:
“A coalition of activist groups is set announce its demands as it seeks justice in the wake of a grand jury’s decision to not indict the Cleveland police officers involved in the fatal shooting of Tamir Rice.
http://www.cleveland.com/metro/index.ssf/2015/12/coalition_to_announce_demands.html#incart_m-rpt-1
This narrative is still under construction
Hillary’s ‘not-so-secret weapon,’ to hit the campaign trail in N.H.
(Reutres)
59 minutes ago
Huma Massages Hillary’s Swollen Cankles
Filed under: Chunky Ham Hocks
Racist.
Maybe Carlos Danger can team up with Bubba to criticize Trump.
Maybe Carlos Danger could teach Diane Reynolds how to care about money.
I don’t get the obsession with this woman. Hillary is the bad seed, not her.
A close confidant of a bad seed is a bad seed.
You must not have heard that she’s Muslim. We can expect Mr. Phony to mention her frequently next summer.
“You must not have heard that she’s Muslim.”
Content of their character my Soros funded friend, content of their character.
EXCLUSIVE: ‘Don’t you know who I am?’ How Hillary’s ‘arrogant’ aide Huma Abedin - now in the crosshairs of Servergate - tried to force her way past Secret Service agents without ID and expected them to carry her luggage
When it comes to arrogance, Huma Abedin, Hillary Clinton’s longtime top aide, and her presidential candidate boss are two peas in a pod, according to Secret Service agents.
For that reason, it’s not surprising that the FBI investigation of Hillary’s use of classified emails reportedly got a jump start after uncovering highly classified emails sent by Abedin and another Clinton aide.
While Hillary Clinton claims she will be the champion of the little people if elected, the truth is that behind the scenes she is so nasty and abusive toward her own Secret Service detail and treats them with such contempt that being assigned to Hillary’s detail is considered a form of punishment within the Security Service.
According to Secret Service agents interviewed for my book The First Family Detail, Abedin can be just as rude and nasty as Hillary. A former agent recalls helping Abedin when she got lost driving Chelsea to the February 2008 Democrat presidential debate in Los Angeles.
‘She was belligerent and angry about being late for the event,’ the former agent says. ‘No appreciation for any of it, not a thank-you or anything. That was common for her people to be rude.’
At another event in Los Angeles, a female agent challenged Abedin because she was not wearing a pin that identifies cleared aides to Secret Service agents. The agent had no idea who she was.
‘You don’t have the proper identification to go beyond this point,’ the agent told her.
‘Huma basically tried to throw her weight around,’ a former agent says. ‘She tried to just force her way through and said belligerently, ‘Do you know who I am?”
That got her nowhere. Eventually, Abedin - who is married to disgraced former congressman Anthony Weiner - cooperated with the agent and suggested a contact who could verify her identity.
‘Huma Abedin looked down on the agents and treated them as second-class citizens,’ a former agent says. While agents are not supposed to carry luggage, they will do so as a courtesy if they like a female protectee, such as Lynne Cheney or Rosalynn Carter.
But with Abedin, ‘the agents were just like, ‘Hey, you’re going to be like that? Well, you get your own luggage to the car. Oh, and by the way, you can carry the first lady’s luggage to the car, too.’
‘She’d have four bags, and we’d stand there and watch her and say, ‘Oh, can we hold the door open for you?’
‘On TV, they will make it sound like they just really appreciated and loved those Secret Service agents and appreciate all their sacrifices and all that,’ a former agent says of the Clintons. ‘Then behind the scenes, they’re like, ‘I don’t want to see these guys.’
He adds: ‘When it’s convenient for them, they’ll utilize the service for whatever favor they need, but otherwise, they look down upon the agents, kind of like servants.’
‘There’s not an agent in the service who wants to be in Hillary’s detail,’ a current agent says. ‘If agents get the nod to go to her detail, that’s considered a form of punishment among the agents. She’s hard to work around, she’s known to snap at agents and yell at agents and dress them down to their faces, and they just have to be humble and say, ‘Yes ma’am,’ and walk away.’
The agent adds, ‘Agents don’t deserve that. They’re there to do a job, they’re there to protect her, they’ll lay their life down for hers, and there’s absolutely no respect for that. And that’s why agents do not want to go to her detail.’
Agents say Hillary’s nastiness and contempt for them and disdain for law enforcement and the military in general continued, both when she was secretary of state and now that she is protected as a former first lady, earning her the distinction of being considered the Secret Service’s most detested protectee.
‘We were basically told, the Clintons don’t want to see you, they don’t want to hear you, get out of the way,’ says a former Secret Service agent. ‘If Hillary was walking down a hall, you were supposed to hide behind drapes used as partitions. Supervisors would tell us, ‘Listen, stand behind this curtain. They’re coming,’ or ‘Just stand out of the way, don’t be seen.”
Hillary had a ’standing rule that no one spoke to her when she was going from one location to another,’ says former FBI agent Coy Copeland. ‘In fact, anyone who would see her coming would just step into the first available office.’
An agent working with Copeland for independent counsel Kenneth W. Starr’s investigation of the Clintons’ investments in the Whitewater real estate development did not know the rules: He made the mistake of addressing Hillary, saying ‘Good morning, Mrs. Clinton’ as she passed him in a corridor of the Eisenhower Executive Office Building.
‘She jumped all over him,’ Copeland says. ‘How dare you? You people are just destroying my husband.’ It was that vast right-wing conspiracy rant. Then she had to tack on something to the effect of ‘And where do you buy your suits? Penney’s?”
For weeks, the agent told no one about the encounter. ‘Finally, he told me about it,’ Copeland says. ‘And he said, ‘I was wearing the best suit I owned.”
At the 2000 Democratic National Convention at the Staples Center in Los Angeles, Secret Service agents were told that the Clintons had issued instructions that agents leave their posts and, as if they were criminals, step around corners to hide as the Clintons approached.
‘We were told they didn’t want to see us,’ an agent on the detail says.
‘Hillary would cuss at Secret Service drivers for going over bumps,’ former agent Jeff Crane says.
‘There’s not an agent in the service who wants to be in Hillary’s detail,’ a current agent says. ‘If agents get the nod to go to her detail, that’s considered a form of punishment among the agents. She’s hard to work around, she’s known to snap at agents and yell at agents and dress them down to their faces, and they just have to be humble and say, ‘Yes ma’am,’ and walk away.’
The agent adds, ‘Agents don’t deserve that. They’re there to do a job, they’re there to protect her, they’ll lay their life down for hers, and there’s absolutely no respect for that. And that’s why agents do not want to go to her detail.’
Read more: http://www.dailymail.co.uk/news/article-3204827/Don-t-know-Hillary-s-arrogant-aide-Huma-Abedin-crosshairs-Servergate-tried-force-way-past-Secret-Service-agents-without-ID-expected-carry-luggage.html#ixzz3vq7sXSuS
Follow us: @MailOnline on Twitter | DailyMail on Facebook
That’s quite the rant. So two people, one a cabinet member and the other one a senior adviser to a cabinet member were allegedly rude to Secret Service agents. Stop the presses! That big news there.
Clinton sends condolences to 4 Secret Service agents injured in fatal car crash
By Annie Karni
12/30/15 12:55 PM EST
Hillary Clinton on Wednesday extended her condolences to four Secret Service agents who were injured Tuesday night in a fatal car accident in New Hampshire.
“I was saddened and concerned to hear about the serious accident that occurred last night in New Hampshire in which four Secret Service agents were injured and a passenger in a second car killed,” Clinton said in a statement. “My husband and I send our prayers and condolences to all the victims and their families. We are grateful everyday for the service, dedication, and professionalism of the U.S. Secret Service.”
Read more: http://www.politico.com/story/2015/12/hillary-clinton-secret-service-crash-217220#ixzz3vqShKGYl
“allegedly rude to Secret Service agents.”
Spin Mighty spin.
“He made the mistake of addressing Hillary, saying ‘Good morning, Mrs. Clinton’ as she passed him in a corridor of the Eisenhower Executive Office Building.”
‘She jumped all over him,’ Copeland says. ‘How dare you? You people are just destroying my husband.’ It was that vast right-wing conspiracy rant. Then she had to tack on something to the effect of ‘And where do you buy your suits? Penney’s?”
It certainly sounds rude. I wouldn’t call a diatribe like that pleasant or courteous.
Muslin! She could explode at any second! RUN FOR YOUR LIVES!
Looks like we got someone else here who slept with someone Muslim and now pretends there is not a YUGE radical jihadi element in this country. Ooooh the islamaphobia it’s so real. Except when they are burning down their own mosques in Houston:
http://www.chron.com/houston/article/Federal-officials-arrest-man-in-connection-with-6727623.php
Muslin! She could explode at any second! RUN FOR YOUR LIVES!
Muslin? Sounds Amish to me, plain and non-threatening.
I own buildings. I’m a builder; I know how to build. Nobody can build like I can build. Nobody. And the builders in New York will tell you that. I build the best product. And my name helps a lot.
How is your airline doing? Trump Air, right?
Still doing great, beating the competition?
lol@Lola
How the Koch network rivals the GOP
The billionaires and their allies have built a private political machine without precedent:
http://www.politico.com/story/2015/12/koch-brothers-network-gop-david-charles-217124
“Brazilian Real Crashes Most In 4 Years As Hope Fades”
http://www.zerohedge.com/news/2015-12-30/brazilian-real-crashes-most-4-years-hope-fades
Time to dump that hillside fantasy shanty in the slums Lola!
I’m always curious as to the timings of Lolas disappearances. Thrown in the hole?
He’s out on another bender or in jail. What else could it be?
One too many late night strolls past the favela?
Somebody said I am the most popular person in Arizona because I am speaking the truth.
That’s not the reason.
Donald Trump…. A superb statesman with a squad of sexy strumpets.
That’s not it either.
From your empty skull……..
Speaking of AZ, Deez Nutz acknowledges you will be the nominee:
http://www.azcentral.com/story/news/politics/elections/2016/2015/12/28/whatever-happened-deez-nuts/77982452/
why is teddy knipping at your heals?
Maybe looking for a VP bone? Iowa is a shill show that means nothing. And being behind with a 3rd of the leader’s total isn’t nipping.
when will congress pay for the Bush Wall project they passed in 2006?
Why should Obama start following laws now? S already got a pretty good streak going.
Is Obama a Senator?
Passed October 26: Secure Fence Act of 2006 (Bush)
How’s that hope ‘n change working out for ya, formerly middle class ‘Muricans?
http://www.oftwominds.com/blogdec15/shrunken-middle-class12-15.html
The ruble is sinking like a stone. How long before Russia defaults on its foreign debt?
http://www.marketwatch.com/investing/Currency/USDRUB?countrycode=US
Dang… looks like mail order brides are going on sale. I should pick up a few.
CraterRage Photo Of The Day
http://goo.gl/zBHhpJ
please dont miss the boat this time around.
The owner either defaulted on the boat or it’s underwater.
Which is it Poet?
DEFAULT no harm no foul
Americans still getting hosed by Blue Cross - how will Trump fix this?
https://finance.yahoo.com/news/affordable-care-act-hasn-t-144900928.html
How come Barack didn’t fix it?
He was busy bringing down the price of gasoline.
Are falling prices to dramatically lower and more affordable levels a good thing?
Thats why people like trump. sick of the bs. He is one of the few people with big money that can challenge the oligarchy.
A PRESIDENT
CANNOT…………………………….
make laws.
declare war.
decide how federal money will be spent.
interpret laws.
choose Cabinet members or Supreme Court Justices without Senate approval.
Have you been in a coma recently?
Have you stopped beating your husband?
Lib,
When is the last time you set foot in a church?
I wish we had a “Space X” type contest for lowering the cost of health care.
Federal Judge: Drinking Tea, Shopping at a Gardening Store is Probable Cause for a SWAT Raid on Your Home
“Why are SWAT officers running towards my door?”
Radley Balko | Washington Post - December 29, 2015 39 Comments
In April 2012, a Kansas SWAT team raided the home of Robert and Addie Harte, their 7-year-old daughter and their 13-year-old son. The couple, both former CIA analysts, awoke to pounding at the door. When Robert Harte answered, SWAT agents flooded the home. He was told to lie on the floor. When Addie Harte came out to see what was going on, she saw her husband on his stomach as SWAT cop stood over him with a gun. The family was then held at gunpoint for more than two hours while the police searched their home. Though they claimed to be looking for evidence of a major marijuana growing operation, they later stated that they knew within about 20 minutes that they wouldn’t find any such operation. So they switched to search for evidence of “personal use.” They found no evidence of any criminal activity.
The investigation leading to the raid began at least seven months earlier, when Robert Harte and his son went to a gardening store to purchase supplies to grow hydroponic tomatoes for a school project. A state trooper had been positioned in the store parking lot to collect the license plate numbers of customers, compile them into a spreadsheet, then send the spreadsheets to local sheriff’s departments for further investigation. Yes, merely shopping at a gardening store could make you the target of a criminal drug investigation.
More than half a year later, the Johnson County Sheriff’s Department began investigating the Hartes as part of “Operation Constant Gardener,” basically a PR stunt in which the agency conducts multiple pot raids on April 20, or “4/20.” On several occasions, the Sheriff’s Department sent deputies out to sort through the family’s garbage. (The police don’t need a warrant to sift through your trash.) The deputies repeatedly found “saturated plant material” that they thought could possibly be marijuana. On two occasions, a drug testing field kit inexplicably indicated the presence of THC, the active drug in marijuana. It was on the basis of those tests and Harte’s patronage of a gardening store that the police obtained the warrant for the SWAT raid.
CA should be legal next year
http://www.marijuanacontrollegalizationrevenueact.com/
The Bush family is so embarrassed. http://www.politico.com/story/2015/12/bush-campaign-deploying-nearly-all-miami-staff-to-early-states-217235
He still thinks he is in it.
jeb is out of it badly. he was slonged by the middle east.
He was never in it.
Poor Jeb is a 15 watt bulb with a dodgy filament.
TSA Says It Will Stop Accepting Driver’s Licenses From Nine States
Come January 10, travelers from Alaska, California, Illinois, Minnesota, Missouri, New Jersey, New Mexico, South Carolina, and Washington may be stranded.
https://reason.com/blog/2015/12/30/update-tsa-will-give-120-days-before-imp
Finally a sane candidate:
Anti-Virus Pioneer John McAfee Enters Libertarian Party Presidential Race
McAfee says that running for president is “not something I really want to do, I think I see it as an obligation” to do what he can to straighten out “a country in crisis. I’m 70 years old, I’ve seen a lot and lived through America’s golden age under Dwight Eisenhower—who was not necessarily a good president but the last one that did not want to be president. He had been a general, in an army controlling nukes and battleships. Why did he want to sit in the Oval Office? It was an act of service. I truly believe this country needs” a candidate like him.
When I ask if he always considered his politics libertarian, McAfee corrects me: politics is “procedure and actions required to gain power and hold power in government, and I want to be divorced from that term.” But he says his personal beliefs “align 100 percent with the Libertarian Party. Government is too large, welfare is an insidious drain on the soul, on society, and personal freedom is the one thing that keeps us whole as human beings…my view of the world was libertarian before the word” was even in wide use.
But he stresses things he thinks the government must do well that it’s not doing well now, such as preparing for the “cyberwarfare” that he knows is coming. That war “is going to be far more devastating than anything in our imagination.” For a man who made his fortune in antivirus work, “it’s what I know best, and I know for a fact” that cyberwar looms.
First president to build a meth lab in the whitehouse.
the Jesus & Mary Chain — Automatic (full album):
https://www.youtube.com/watch?v=8Kee8WzF680
My Bloody Valentine — Loveless (full album):
https://www.youtube.com/watch?v=OrMjc4oz0mY
Blur — Leisure (full album):
https://www.youtube.com/watch?v=xlSMlfcPUkQ
the Verve — A Northern Soul (fulll album):
https://www.youtube.com/watch?v=7Za1jEpqCDc
Local H — As Good As Dead (full album):
https://www.youtube.com/watch?v=PI1×3xGwp8Y
Radiohead — OK Computer (full album):
https://www.youtube.com/watch?v=5GMbEdKk5vM
Radiohead — Palo Alto (my favorite Radiohead song, off the Airbag EP):
https://www.youtube.com/watch?v=21TmsT1qsPo
Simon & Garfunkel — The Only Living Boy In New York:
https://www.youtube.com/watch?v=hJGSHMgbB0E
Do you think it’s odd that all your favorite bands would hate your politics?
Otis Redding - Try A Little Tenderness:
https://www.youtube.com/watch?v=TXmLjbTBcdU
Parliament — Sir Nose D’voidoffunk:
https://www.youtube.com/watch?v=4niFp4Nk6a0
America’s favorite TV dad is a rapist, Bruce Jenner is a chick and was awarded Glamour Magazine’s “Woman Of The Year” and Donald Trump is the leading candidate for President Of The United States Of America.
And a socialist pro-debt slavery president.
“America’s favorite TV dad is a rapist…”
Will he pull a nickel in Soledad or hang himself?
Who’s the Secretary of State? Jerry Lewis?
Yet Bill Clinton gets away with the same crime Bill Cosby did.
cosby posted bail. dude is a flight risk. lock him up!
“The Wheels Just Fell Off: US Trucking Has Not Been This Bad Since The Financial Crisis”
http://www.zerohedge.com/news/2015-12-30/wheels-just-fell-us-trucking-has-not-been-bad-financial-crisis
More bubble jobs just went poof. It’s a shame conditions existed that led to their creation in the first place.
the recovery is gaining steam? Thats what the pukes in the media keep saying.
Snowflakes need extra special protection.
Because their ideas can’t stand up in the arena.