Bits Bucket for March 2, 2016
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The Housing Bubble
Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole.
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The arrival of tens of thousands of refugees has plunged Greece into an unprecedented crisis the likes of which no nation could manage alone, the country’s embattled prime minister, Alexis Tsipras, has said.
Speaking as the European commission signalled it was putting together an urgent humanitarian aid package for the country after predictions that more than 200,000 men, women and children will be marooned there by summer, the leftwing leader said Brussels had promised “support and solidarity”.
“We are experiencing the biggest refugee crisis since the second world war,” he told Greek Star TV. “The problem surpasses the powers of the country, the strength of a government and the innate weaknesses of the European Union.”
Calais ‘Jungle’ camp refugees burn shelters as demolitions resume
Read more
Close to 30,000 migrants and refugees are now trapped in Greece following the decision of Balkan countries to close Europe’s migrant corridor. The vast majority are Syrians and Iraqis, many women and children, fleeing conflict in the Middle East. “What we are witnessing is the result of the absurd choices of the west,” Tsipras said, referring to western policy over Syria.
http://www.theguardian.com/world/2016/mar/01/greeces-refugee-crisis-pm-says-country-is-overwhelmed
Washington: Terrorists, criminals and foreign fighters are part of the daily refugee flow into Europe, the top NATO commander in Europe told legislators, “masking the movement” of these dangerous elements and heightening the potential for an attack.
In testimony on Tuesday before the Senate armed services committee, US Air Force General Philip Breedlove said IS is “spreading like a cancer” within this mix, “taking advantage of paths of least resistance, threatening European nations” and the United States.
General Breedlove said Russia’s actions in Syria have “wildly exacerbated the problem”. Despite its public pronouncements, Russia has done little to counter IS but instead has bolstered Syrian President Bashar al-Assad.
Read more: http://www.smh.com.au/world/migrant-crisis/russia-syria-using-refugees-to-overwhelm-europe-say-us-general-20160301-gn7xfk.html#ixzz41jaScl8A
Follow us: @smh on Twitter | sydneymorningherald on Facebook
Bill George Soros and the neocons. This is their doing.
…And the SJWIslamoFemenazis.
They said they were going to do this, and anyone who pointed that out was called a racist or a xenophobe.
The Australian economy grew 0.6 per cent in the final quarter last year as consumer spending, housing construction and public sector expenditure offset a fall in export prices and company investment and profits.
However, many Australians feel the economy’s performance is weaker than the numbers suggest, thanks to declining or stagnant incomes, analysts say.
Announced on Wednesday, the quarterly rate of gross domestic product growth, which equates to 3 per cent year-on-year and 2.5 per cent for 2015, came in at the high end of economists’ estimates.
Read more: http://www.smh.com.au/business/the-economy/gdp-low-incomes-mask-economic-strength-20160302-gn8p6p.html#ixzz41jatokch
Follow us: @smh on Twitter | sydneymorningherald on Facebook
If your wage isn’t increasing more than inflation, the economy isn’t doing well; simpile!
Wow, a Trump vs Clinton election. That is no easy choice!
If you were to write in a name on election day, whose name would it be?
If enough people are asked this question and most of these people come up with the same name then maybe there is a way for voters to beat the party system we have, the one that has been captured.
If the internet is the New Media then maybe using the net is a way to get the question asked and answered.
Voting Trump is a yuuuge kick in the teeth to the two party system.
Your vacation sure was short, Yuuuge…
Trumplings seem very fond of thuggish language. Why do American voters want to elect a crass thug?
To build a wall, to strike back at PC windbags, to stop globalism and China and neocon wars. To strike back against those who try to end all discussion with kneejerk accusations of bigotry and racism. To get the whole Clinton/Bush thing behind us. To stop shamnesty. To get people like Bill Pryor and Diane Sykes appointed to the Supreme Court. Shall I go on? You yourself said you’d support him last night if you thought he’d not go traipsing around on foreign wars.
I dont believe it though.
“To build a wall…”
Loony toon is back. Time to change the channel to NOTA and contemplate non bullying.
It amazes me how fixated the pundits are on the literal building of a wall.
It’s not the exact substance of the promise, it’s the sentiment behind it. Will Trump get us a wall? Probably not. But with that same mentality, Trump may get a real enforcement law with money and teeth. Mandatory E-verify, crackdown on SS number theft and fraud, jailing of employers. Maybe even a crackdown on rampant H1-B. Trump can do this because, unlike every other Congresscritter, he’s NOT beholden to the Chamber of Commerce and globalist donors.
Shoot for the moon, miss, compromise for something lesser but adequate. Art of the Deal 101.
And much more surveillance into our private lives.
“It amazes me how fixated the pundits are on the literal building of a wall.”
Well, it is one of the two or three things Trump regularly says he will do if elected. And it has happened before in other places: Do you remember the Berlin Wall?
in other places
Israel, the racist apartheid state?
He’s also said he’d audit the Fed.
He’s also said he’d dismantle ObamaCare in favor of cross-state competition.
He’s also said he would tear apart the TPP.
He’s also said he would cease China’s trade/currency advantages.
He’’s also said he would reduce corporate taxes.
He’s also said he would reduce taxes on the middle class.
The Berlin Wall served its intended purpose for 40 years. We all know that the intended purpose was bad, but you have to admit the wall itself did its job.
The Berlin Wall had mines, dogs and conscripted forces under compulsory “shoot first” orders to keep folks IN. A rather different goal than what Mr. Spray Tan pushes.
“A rather different goal than what Mr. Spray Tan pushes.”
That is the point why I don’t want a wall that the idiots don’t get. Intentions can change and it could be to keep in the Americans.
“To build a wall…”
Bush passed the build a wall bill in 2006.
Attorneys will have fun with 12k deportations.
It amazes me that people think that a guy like Trump who has spent his entire life measuring himself by how much money he has and how hot is wife is won’t be influenced by money when banks CEO’s etc come knocking. The guy is all about money and image.
Yet Joe 6 packs love the anger so much they convince themselves that he will be on their side. I just can’t see it.
That being said if it’s Trump vs Hillary I’ll write in none of the above.
Intentions can change and it could be to keep in the Americans.
One of the most ridiculous things I’ve ever read.
At least Bill thinks he will build a wall. Guess who also thinks so?
http://www.breitbart.com/big-government/2016/03/02/report-illegals-rushing-to-get-into-u-s-before-trump-wall/
“Intentions can change and it could be to keep in the Americans.”
It will be too late for the Trumplings once this becomes obvious.
There are almost 1600 people who’ve filed for president: http://www.fec.gov/press/resources/2016presidential_form2nm.shtml
Granted perhaps a quarter of those are joke entries. But it’s hard to say who goes viral. The MSM and the blogosphere has a big hand in that.
I think the two-party system has evolved because special interests don’t want to get left out. So the interests form coalitions with those who seem least objectionable.
If there’s a lot of write in action, it would surely be fragmented. The most organized group would win.
Great numbers, maps, commentary are up at electoral - vote dot com. Main commentary points:
Big win for Hillary, expected.
Good win for Trump, expected. Not a steamroll, but shows his appeal across a variety of states.
Cruz looks like he is catching up, but that is deceiving. Cruz only does well in his home state (TX) and evangelical states, and as of yesterday almost all of them are DONE. From now on, he is not expected to progress far.
Rubio did lousy despite a late surge. FL is his last hope and polls are not looking good there.
Kasich is the Peyton Manning of the primaries. He’s done but won’t admit it. Kasich is waiting for Ohio.
GOP establishment is in a panic. Their only hope is a brokered convention or some breakthrough in the Trump University case.
If Trump smells a brokered convention, Trump could get on state ballots as an independent, but only if he meets the signature deadlines for each state. More analysis at the website.
GOP establishment is in a panic for sure. The number of voters in the GOP primaries is impressive. Not only does trump have appeal across many states, he has broad demographic appeal. The uncertainty in his path to the nomination is whether the crossover / independents will have had the forethought to re-register as repubs so they can vote in these upcoming closed primaries.
The GOP establishment has made it clear they’ll keep zipper boots rubio around to interfere with FI and to sling mud at trump. They are desperate.
“the Trump University case”
Wouldn’t it be something if both he and HC get nominated only to be clobbered with legal issues before the election?
I’m hoping and praying for this!
Same here.
One for the record books!
Donald Trump is your new US President.
Thuggery is the new black.
Dude…… You’re gonna have a rupture.
Trump’s news conference last night was very good. His best public political engagement yet.
+1.
He’s unstoppable. Unless he abandons his strategy of trashing the corrupt establishment.
You’re gonna have a rupture…
It’s unlikely that there would be a discernible deterioration in the conversation. Just sayin.
Here’s Trump’s press conference from last night. Those interested in what he actually says - rather than what the media and his detractors says he says - might want to give it a viewing.
https://www.youtube.com/watch?v=4WCUtqw4rAs
All business right there. Both of them. Get it done and get on with it.
Why do so many Americans willingly submit to thuggery?
Don’t take it personal.
I don’t. It’s just a constant source of astonishment.
Here’s Trump’s press conference from last night.
Thanks for posting this. It was interesting.
“Why do so many Americans willingly submit to thuggery?”
You don’t get it yet. The gentile, PC, smooth talking thieves, murders and bloodsuckers that have been running the country and taking payola need to be thrown out on their collective ass. We’d rather do this dirty job with voting rather than pitchforks.
I am reading about a “brokered convention”. If Boss Tweed is stupid enough to pull that crap again, it could get quite interesting.
“This country’s made a lot of mistakes and the war in Iraq was one of them. We got into a war, we have destabilised the entire Middle East.”
– Donald Trump
—————–
“In the four years since the inspectors left, intelligence reports show that Saddam Hussein has worked to rebuild his chemical and biological weapons stock, his missile delivery capability, and his nuclear program. He has also given aid, comfort, and sanctuary to terrorists, including Al Qaeda members, though there is apparently no evidence of his involvement in the terrible events of September 11, 2001. It is clear, however, that if left unchecked, Saddam Hussein will continue to increase his capacity to wage biological and chemical warfare, and will keep trying to develop nuclear weapons. Should he succeed in that endeavor, he could alter the political and security landscape of the Middle East, which as we know all too well affects American security.” — Hillary Clinton, October 10, 2002
The Iraq Resolution or the Iraq War Resolution (formally the Authorization for Use of Military Force Against Iraq Resolution of 2002, enacted October 16, 2002.
Those voting for the resolution were:
- Clinton, Hillary (D-NY)
https://en.wikipedia.org/wiki/Iraq_Resolution
Stop pretending you are not me.
It’s no choice, neither deserves your vote.
Thank you Vermont!
Trump scares my female relatives.
Moooooooooooooooom, I’m home!
Ahhahahahahahhahahahaahha Trump crushes his competition yesterday.
I have not posted anything since I said I wasn’t going to Monday morning in an effort to allow Professor Unhinged to regain his sanity. Not even last night when he was spinning like a top and foaming at the mouth falsely accusing all sorts of people of being me.
It clearly didn’t work, but I will not be bullied even by a million anti Trump spam posts.
Troll alert
Barney Socialist is through. He’s always been a fake put up shill for Hillary though so what’s it matter?
D turnout drops into the crapper even worse now as a generation of young motivated but naive kids learn who really controls this country.
It seems like the chances the Democrats will win the election with whichever candidate survives to November increase with every Trump victory. The evidence is strong that Trump is a placeholder for Clinton.
Check out the recent widening of the gap to favor a Democrat win in November:
2016 US Presidential Election Winner Takes All Market
I realize the HBB betters who offer daily assurance that Trump is our next president know better than the Wisdom of Crowds…
What happened to your research into MightyMike’s question about how predictive such markets are thus far out?
Make yourself useful.
https://en.wikipedia.org/wiki/Iowa_Electronic_Markets#/media/File:IEM_DCON2008.svg
“Make yourself useful.”
Talking to yourself again, Canklepants?
Goldman Sacks vs Donald Trump.
What’s confusing?
Why wouldn’t Goldman Sachs negotiate a beautiful deal with The Donald if he got elected? The fact that Trump doesn’t “need” GS money offers scant assurance that he wouldn’t welcome the opportunity to get his snout into the trough.
The fact that Trump doesn’t “need” GS money
If very rich people are incorruptible, then shouldn’t we welcome the rule of oligarchs? No one’s richer, and therefore less corruptible, than an oligarch.
At least with Trump they’d need to negotiate. The alternative they OWN.
And you and I have no meaning in those negotiations.
Really I don’t see Sanders taking their money either.
Trump worships money he may be a lot easier to buy than you might think.
How you gonna buy a guy already worth 10 billion? Why waste it when you already own the other one?
donald trump wants to help you buy a house. He will even put up his own money.
Something to think about …
When are the times most risky for turning your hard-earned money over to a money manager for handling?
1. Is it during the times when the rates of return of invested capital are generally high and thus it is easy for your money manager to generate enough income to both keep you happy and at the same time to extract a hefty fee so that he too can easily be kept happy?
Or …
2. Is it during the times when the rates of return of invested capital are flat to negative and thus the times are extremely tough for a money manager to safely generate a return for you that beats staying in cash (staying in cash = something that you can do for yourself) AND at the same time generate enough of a return for him to extract his hefty fees?
So, which is it, is it number one or is it number two? Which of the two situations will entice your money manager to stick his neck (and your money) out the most and accept the most risk? Which of the two situations will entice your money manager to flat out cheat you in a Bernie Madoff fashion in order to keep you from walking and taking your hefty-fee-generating money with you?
Interesting times are these low-returns-on-invested-capital times and I’ll bet there are a lot of shady goings-ons going on during these interesting times that are destined to surface in the coming months and years.
Stay tuned.
Whether Hillary goes to jail or not is a litmus test of how we have gone from a republic with the rule of law to an oligarchy where the well-connected .1% can commit felonies with impunity.
http://thehill.com/policy/national-security/271387-fbi-director-i-am-closely-involved-with-clinton-email-investigation
Corporate default rate jumps.
http://wolfstreet.com/2016/03/02/corporate-default-rate-soars-above-lehman-moment/
The closing line:
The basic reality is this: When a company gets in credit trouble, stockholders, who are at the bottom of the capital structure, are the first to feel the pain; and when it defaults, stockholders often get completely wiped out.
That _used_ to be true; but will it be true in this round, or will the Fed interfere with the natural process again? The last time around, the process was more like watching the world through a fun-house mirror, as the stockholders who should have been wiped out were saved, and the companies that were managed to failure were propped up and left to continue under the same failed management.
How many years is a money market that pays inflation + 1%
Has China finally pulled out of its economic tailspin?
Fresh data confirms Chinese economic slowdown
1 March 2016
From the section Business
Fresh data from China has confirmed its economy is continuing to lose steam.
Two major official and private indexes used to gauge the country’s manufacturing activity indicate a worsening contraction in the sector.
The bad news comes just after the central bank’s latest stimulus measure to boost liquidity.
China’s slowing growth has been dragging the global economy as Beijing hopes for a shift towards services and consumption in its domestic market.
Tuesday’s government data shows that activity in China’s manufacturing sector shrank for the seventh straight month in February.
Coming in below market expectations, the Purchasing Manager’s Index (PMI) fell to 49.0, down from 49.4 the previous month.
The index is used as an indicator of factory activity, and any reading below the 50 mark points at a contraction in the sector.
Aside from the government data, the private Caixin-sponsored PMI, which focuses on smaller companies, came in even worse at 48.0 for February, marking the lowest reading in five months.
More stimulus
The disappointing figures were released only one day after the central bank had reduced the so-called reserve rate ratio for banks, which is the amount banks must hold in reserve.
In Beijing’s latest attempt to tackle slowing growth, the cut is aimed at boosting liquidity, making it easier for banks to lend money.
…
Depends on whether you believe their make-believe official data or ground truth. Kind of like us. Looks like a downward spiral to me.
http://www.bloomberg.com/news/features/2016-03-01/death-and-despair-in-china-s-rustbelt
China doesn’t understand capitalism and/or free-market theory.
It never has.
China believes that capitalism/free-markets are successful due to funny money.
They have adopted the view of the USA as yellow-brick roadism, as so many from third-world countries do.
Capitalism is NOT building sh*t without intended purpose. It is NOT about the printing of money in absence of production. It is NOT about the skim.
China has never understood that.
Few in the USA appear to know that China doesn’t understand that.
A very large majority of the foreign arrivals I have known over the years (and I’ve known several hundred) are shocked at how hard many Americans work. I hear it all the time.
Many believed that by simply gaining access to the USA prosperity was theirs.
David Stockman: The second tech bubble has burst.
http://davidstockmanscontracorner.com/the-second-tech-bubble-has-burst-and-here-come-the-mass-layoffs/?utm_source=ReviveOldPost&utm_medium=social&utm_campaign=ReviveOldPost
“falling house prices”
‘Muricans no longer earning enough to afford buying a home.
http://www.mybudget360.com/american-dream-with-no-homeownership-income-to-afford-home/
Whatever happened to El Nino?
He is transgendering into La Nina.
Ha!
Sounds promising!
AccuWeather
El Nino-driven storms to dent California’s drought with inches of rain next week
March 02, 2016; 6:55 AM
Following a warm, dry February in California, a shift in the weather pattern will open the door for several storms to soak the state during the second week of March.
Enough rain may fall to put a noticeable dent in the drought across the state.
By the end of this weekend, storms will usher in moderate to heavy rain across California and heavy snow to the Sierra Nevada.
“A large area of low pressure will move from the central to the eastern Pacific Ocean by this weekend causing storms to steer into California,” AccuWeather Senior Meteorologist Dave Samuhel said.
Inches of rain may fall from San Diego and Los Angeles to San Francisco and Sacramento through next week. Up to a foot of rain could fall across portions of northern California, including Crescent City.
In the Sierra Nevada, snow will accumulate by the foot.
…
We are going to the Goldline (above ground) extension grand opening on Sat (Mar 5), so the rain MUST wait until next week. It is nice to see rail being utilized, since the freeways are a parking lot in the Los Angeles area. TODs are taking off as well. Rents are projected to go up as the young’ins building their careers, move into TODS (Transit Oriented Developments)
Norfolk has a failure of a light rail line, developers were all licking their lips at the TOD. Whole thing was covered in fraud and croney-ism during construction. No-bid contractor did the whole intersection wrong? Let’s pay them to re-do it!
It needs to go to Virginia Beach to be useful, but the costs associated with building it out are insane (even though the land is mostly already owned.)
Ethan
Thanks for the jolt. Always good to get some feedback. I evidently had a brain fart. I went to a Congress Of New Urbanism meeting at USC once, and everyone was for light rail, and walkable neighborhoods, and they all drove their SUVs and luxury cars in from the burbs. That was a laughable group. Some were UCLA and USC students lost in idealism. I get your message.
I still like light rail that can relieve the freeway system. Rush hour traffic is 7 days a week here. It’s insane.
I think the light rail system could be very useful, but it has to go to the right places. The other thing that bugs me, if you’re going to do it — just do it right. It should of been mostly overhead monorail type system. There was a failed MAGLev project at Old Dominion University — but I’m all for pushing things forward. If the light rail had a few more lines that picked up the Navy base, ODU, more neighborhoods near them, the airport, and Virginia Beach Oceanfront it would be much more useful. Still kind of slow though. The problem is what they have now has so few riders and the other city is fighting it due to high cost ($1 billion I believe to run it to the oceanfront, on right of way they already own?)
Our Orwellian surveillance state extends its reach under the Constitutional Scholar-in-Chief.
https://www.washingtonpost.com/local/md-politics/devices-on-public-buses-in-maryland-are-listening-to-private-conversations/2016/02/29/325e1d1e-df36-11e5-8d98-4b3d9215ade1_story.html
Yet you favor Orwellian Trump who wants controls on Internet, favors surveillance on our voice and data, and to execute Edward Snowden. Are you complaining or are you reporting?
But the new surveillance state, although even more intrusive, will be a yuge middle finger to the current establishment!
Wasn’t 1984 a communist non market centrally planned regime? Exact opposite of Trump.
Bill hasn’t read a book since Harry Browne’s in 1980. What did that book counsel on family?
And Hillary would be different how?
“And Hillary would be different how?”
How would I know? I am not voting and I consider her as evil as Trump. Or were you assuming my opposition to one candidate automatically means I favor that candidate’s top rival? Come on! Get over that partisan fallacy, the left/right paradigm. That is what the government t tricks the ignorant into to weaken its opposition. By providing contention between two groups to distract them from the real issue: big government.
Are markets losing faith in the Fed? If so, how did they become so ridiculously dependent on the Fed to begin with?
The Economist
Free exchange
Markets lose faith
This isn’t 2008, but it isn’t great either
Feb 11th 2016, 10:53 by R.A. | LONDON
SO FAR, 2016 has been something of a disaster around global markets. Equity and commodity prices have been hammered. Yields on safe government bonds are plumbing extraordinarily low levels. Investors seem to be terrified. But of what?
Recession talk has increased, but real economic data in most countries don’t look especially bad (though they are backward looking, and enough market pessimism can at any rate turn self-fulfilling). Some suspect the mess is a reaction to troubles in the European banking system. European bank shares are tumbling, ginning up bad memories of the financial crisis. But while European banks have their problems (and could create many more if the European economy sank back into serious recession) it does not look like the cause of current market jitters. European banks are better capitalised and have access to massive amounts of liquidity thanks to the European Central Bank. This is not a situation like 2008, when markets doubted banks’ solvency, banks struggled to fund themselves, and credit markets collapsed.
What about the widespread adoption by central banks of negative interest rates? On January 29th the Bank of Japan joined the negative interest rate club, and on February 11th the Swedish Riksbank reduced its policy rate deeper into negative territory. Negative rates, it is argued, squeeze bank margins, threatening profitability and potentially reducing the flow of credit. I think this argument gets closer to the nature of the panic, but leaves out the most important part of the story.
What is that story? Start with Japan. Japanese interest rates have been at zero forever, the Bank of Japan has been buying government bonds by the truckload forever, and Japanese markets have gotten used to negative yields. They have nonetheless gone slightly nuts since the decision on January 29th to introduce negative interest rates. The Nikkei has tumbled by about 8% since then, while yields on Japanese government bonds have gone negative out to ten years. Bizarrely, the yen has risen about 8% against the dollar: exactly the opposite effect we have come to expect from central banks introducing negative rates.
We have seen that same pattern of market activity before, recently, on December 3rd of last year. The ECB concluded its meeting that day with the announcement of a small, 10-basis-point cut in the deposit rate, from -.2% to -.3%. But markets had anticipated a much more dovish announcement: a larger cut to interest rates and, perhaps, an expansion in the ECB’s asset-buying programme. In the aftermath of the ECB decision, European equities have fallen sharply and steadily. The euro has skipped higher; it is up by more than 6% against the dollar. Meanwhile, the yield on safe government bonds has tumbled, while the yield on the bonds of a few peripheral economies, notably Portugal, has risen.
…
Breaking News
5:37 AM
Magnitude 8.3 Quake Hits Off Indonesia, Triggers Tsunami Threat
Are the Markets Losing Faith in the Fed?
12:03 PM PST February 29, 2016
How does an addict become dependent on the crack dealer?
Exactly.
Has anyone seen the new amazon echo? It’s an internet-connected device that looks like a black pringles can, which you can place anywhere in a room and it plays music and answers your questions and orders your pizzas with its voice recognition software, that “Hears you from across the room with far-field voice recognition, even while music is playing”. In other words, it’s constantly listening to your conversations, waiting for its name to be called so it can respond.
Of course, if you’re worried about the privacy implications of such a device you can not buy one, but you have to assume it’s being used by many of your friends and acquaintances (It’s got 33,000 ratings and 4 and a half stars), so it will just listen to you when you’re around them. And if you refuse to talk around one (assuming you’re aware one is being used) your friends will just discuss you and your refusal in detail around the device after you leave.
Privacy, what was that?
Don’t ’smart tvs’ have listening capabilities as well?
And your laptop and smart phone too. It’s becoming ubiquitous. You can opt out, but you’ll be surrounded by everyone else’s listening devices.
baby monitors too..geez! I took a daddy boot camp prior to the arrival of our daughter and that was something the instructor said…wifi enabled monitors can be hacked!
My Bitcoin address generator is on an air gapped computer and says nothing to anyone but me.
Commodore 64 or Atari 800XL!?
Don’t ever say your bitcoin address out loud. Maybe in the middle of the woods, if you’ve left your smart phone and fitbit behind, you can whisper it in the wind.
“Commodore 64 or Atari 800XL?”
Not enough computing power. Though the wallet generator is 100 lines of code and the computer cost under $150.
My coworker has asic miners sitting in the corner a few feet from where I sit. Theyre hooked to a beaglebone black.
“My coworker has asic miners sitting in the corner a few feet from where I sit. Theyre hooked to a beaglebone black.”
I got a similar rig. I’m using my Beagleboard at my desk for work related stuff, not for mining or bitcoins. I’m using two small computers of the same “type” as Beagleboard for my mining and bitcoin generation.
Just curious: what is your ROI on your mining asics+beaglebone? Is it negative?
“And if you refuse to talk around one (assuming you’re aware one is being used) your friends will just discuss you and your refusal in detail around the device after you leave.”
Which is something that they already do.
And if you refuse to talk around one (assuming you’re aware one is being used) your friends will just discuss you and your refusal in detail around the device after you leave.
Which is why you don’t discuss your private issues with “friends”. You don’t tell them how much money you have. You don’t tell them that you have foreign citizenship. You don’t tell them that you have stocks, gold or bitcoin. You don’t tell them about your plans on retiring outside the country, or how you intend to vote (or not vote), etc.
In other words, be really boring. Then no one will talk about you.
“worthless, worthless housing”
Isn’t it amazing how some folks never, ever catch on to this! Bubble Think is as alive and well in San Diego today as it was during the 2005-2007 run-up to the first wave of collapse.
The next wave is fast approaching.
What seems most amazing is how well the “housing is different” thinking withstood the first wave of Housing Bubble collapse.
Can anyone explain why housing in a globalized investing environment is somehow immune from a similar fate to the recent China stock market collapse, the 70% global oil price decline, or the 98% collapse in dry bulk shipping rates? What exactly makes housing different?
You can paint the walls any color you want?
It’s the last thing anybody has to believe in.
What about Trump?
There you go again, veering a thread off to Trump.
Seriously. Give it a rest, PB.
I gave him 2 free days to give it a rest and regain his sanity. Guess not.
You don’t have to actually pay for it, you only have to promise to pay for it.
If you work it right (and if the times are right) then you can arrange for it to pay for itself.
Magic!
You don’t have to actually pay for it, you only have to promise to pay for it.
That’s true of other investments as well, if you are buying them on margin…
What exactly makes housing different?
I don’t think it is immune from a post-bubble collapse—but I do think it is different in one way: at the end of the day, post-collapse, housing does still have one type of fundamental utility, in that someone can live in it. Living in a stock-and-bond certificate-lined cardboard box is drafty.
Yet depreciates rapidly.
Agreed. The cardboard box, on the other hand, will likely hold its value fairly well.
Isn’t it amazing how some folks never, ever catch on to this! Bubble Think is as alive and well in San Diego today as it was during the 2005-2007 run-up to the first wave of collapse.
The next wave is fast approaching.
Our old house in Escondido peeked at over 600K in the last bubble, then crashed down to the high 200K range. It originally sold for 180K in 1990. Had anyone told me back then that it would be “worth” 600K 15 years later I would have laughed.
I just took a look at zillow, it estimates it currently “worth” about 450K. I’m doubting it will match the previous bubble.
Millions of widows spending their retirement years on SS in a paid-off home would beg to differ with housing being worthless.
Houses depreciate and rot. There is no such thing as a paid-off home.
Fixt for you Donk.
Millions of widows spend
ing their retirement years onevery last penny of their SS and then somein a paid-off homeon a rapidly depreciating asset who ultimately abandon it as they’re wheeled off to an old folks home.Who wants to buy a house in NYC?
What about pooping in public? And public masturbation? These were also in the city council’s list to decriminalize…
—————–
You Won’t Get Arrested for Public Boozing (or Urinating) in Manhattan Anymore
observer.com | 3/1/2016 | Jillian Jorgensen
Go ahead and pop the champagne: the NYPD will no longer arrest most people who are caught drinking alcohol in public in Manhattan, the city announced today—but they can still get a summons.
Unless it’s “necessary for public safety reasons,” the NYPD will no longer arrest people for certain low-level offenses in Manhattan, including public consumption of alcohol, public urination, littering and riding between subway cars or taking up more than one subway seat—and Manhattan District Attorney Cyrus Vance Jr. will no longer prosecute those infractions, his office said today.
But Mr. de Blasio’s office did not put out a press release about the topic, nor did the NYPD. Instead, it came only from Mr. Vance’s office—meaning it likely missed the mailbox of many in the political press corps. The DA touted it as an announcement from him, Mr. de Blasio, and Police Commissioner Bill Bratton, but there was no press conference. Mr. Vance was out of state today testifying to Congress, according to his public schedule.
I don’t get the obama economy.
Record high stock prices. Very low unemployment numbers.
“Anyone claiming that America’s economy is in decline is peddling fiction.”
– Obama, State of the Union, January 12th, 2016
Time go out and buy a house!
——————–
Food Stamp Users Near Record High Despite Low Unemployment Rate
MRC TV | 02/29/2016 | Nick Kangadis
Despite the unemployment rate being at an eight-year low (4.9 percent as of January 2016), the number of people on food stamps remains near an all-time high which was 47,636,000 in 2013.
Why the disparity in the numbers? Well, the unemployment rate does not take into account people who are not in, or have dropped out of, the workforce altogether.
The Bureau of Labor Statistics reported in January of this year that approximately 94 million Americans are not participating in the workforce.
The unemployment numbers are a farce. Thank you Reagan and Greenspan for the changes to the BLS unemployment and CPI stat reporting.
This election circus has been entertaining for a minute here, five minutes there, and that’s about it. We have real problems and should be hearing substance for resolution. It has been funnier than SNL.
Reagan and Greenspan?
You DebtDonkeys are helpless.
Sure most of our Walmart workers qualify for food stamps. It’s the new normal, paid so little you can’t afford food for your family.
But those low wages help WalMart keep its prices down, which helps their customers feed their families.
That’s what happens when prices are grossly inflated my friend.
Hillary Clinton, neocon warmonger. Her latest “success story”: overthrowing Qaddaffi so Libya could become a failed state rife with terrorists and migrant smugglers. Mission accomplished!
http://www.nytimes.com/2016/02/28/us/politics/hillary-clinton-libya.html?_r=0
realtors are liars
You can say that again.
Vulture funds rape yet another sovereign country.
http://www.marketwatch.com/story/hedge-funds-poised-to-make-massive-gains-on-argentina-bonds-2016-03-02?link=MW_home_latest_news
Does “rape” mean making a country live up to it’s promise (in writing) to pay back the money it borrowed?
FWIW, the people who will be impacted by repaying this debt had no say whatsoever in it being incurred in the first place. Kind of like how we had no say in the Great American Bank Bailout.
I respectfully disagree. 95% of the electorate sanctioned the Wall Street bailout by voting for pro-bailout Obama, McCain, and Romney. Stupid is as stupid does.
“realtors are liars”
KaThump - The Great Escape.wmv - YouTube
http://www.youtube.com/watch?v=BaYtXZxc0ls - 226k -
Huckabee: Trump Phenomenon is a ‘Peaceful Overthrow of the Government’
Paul Joseph Watson - March 2, 2016
Former Governor of Arkansas Mike Huckabee told Fox News this morning that Donald Trump’s success represents a peaceful “overthrow of the government” and that the Republican establishment should be glad it’s being achieved with “ballots not bullets”.
Huckabee, who has not officially endorsed Trump, told Fox & Friends that “people in Washington need to recognize the reason that Trump is winning is because they (his supporters) feel like people in Washington have helped them lose and they’re sick of it.”
“The donor class runs the political environment in this country and people are waking up to that and they are tired of it,” added the former presidential candidate.
“That’s what this election is largely about, it’s an overthrow of the government….we ought to be glad that it is a peaceful revolution with ballots rather than one with bullets,” said Huckabee, adding that the Trump phenomenon was a “political revolution in the Republican Party and in the country.”
Huckabee accused the Republican establishment of “bed-wetting” over Trump by treating his voters as stupid while trying to select a presidential candidate rather than let the American people elect one.
The former Governor said that Trump’s supporters were coming out in droves to support him because “they’re angry at the very establishment who is going nuts because Donald Trump is doing so well – and they don’t get it that they are the problem.”
Huckabee made his comments in response to Paul Ryan and Mitch McConnell forcefully denouncing Trump over the David Duke controversy.
What just happened to bonds?
Bonds is coaching at the Marlins.
Baseball was the first thing to pop into my head as well!
Care to elaborate?
I have some fkfsx or something, it’s way down today. But stocks are down to bill clinton 1998 prices, my Lcntu is down 75% But all is good in the “you didn’t earn it” unearned income department! Plus for the first time in 35 years I owe no taxes in april!
What goes down in a crash normally comes back up again. So long as you don’t have to sell, just hang on and enjoy the roller coaster ride.
Until it doesn’t.
+1. I’m still waiting for tulips to reach their bubble-peak again, going on, what, almost 380yrs now?!
“debt is slavery”
“I’m gonna make him an offer he can’t refuse.”
Trump’s ‘Godfather’-like ultimatum to Paul Ryan: Get along or ‘pay a big price’
By Robert Schroeder
Published: Mar 1, 2016 11:33 p.m. ET
Donald Trump believes he’ll get along great with House Speaker Paul Ryan. And if not? Look out.
Trump, who won commanding victories in Super Tuesday primaries and marched closer to the Republican presidential nomination, answered reporters’ questions about how he’d work with members of Congress if he wins the White House.
“I’m going to get along great with Congress, OK? Paul Ryan, I don’t know him well, but I’m sure I’m going to get along great with him, and if I don’t? He’s gonna have to pay a big price, OK?”
…
OK, Mein Führer.
Hitler once wore a sweater so everyone who wears sweaters is like Hitler.
Got wall?
http://www.breitbart.com/big-government/2016/03/02/report-illegals-rushing-to-get-into-u-s-before-trump-wall/
Failed analogy of the day award winner
“Anyone claiming that America’s economy is in decline is peddling fiction.”
– Obama, State of the Union, January 12th, 2016
——————-
The brutal economic truth behind the rise of Trump
MSN.com ^ | 3/2/2016 | Anthony Mirhaydari
And yet his staying power cannot be dismissed. To my mind, it’s not about banning Muslims or building walls. Trump’s rise is about his unique grasp of the most fundamental economic issue that’s been hurting regular American workers for decades: the influx of foreign workers and the outflow of corporate capital expenditures that have reduced wage-raising bargaining power.
Trump is a guy who understands leverage in deal making. And he understands that basic supply-demand dynamics have undermined the ability of middle-class Americans to extract pay raises and keep pace with the persistent increase in the cost of living. And that’s why his appeal has confounded the political pundits.
If his appeal was based on his language and bluster, America would have elevated someone like Howard Stern or Ann Coulter long ago. If his appeal was based on foreign policy concerns, why isn’t a military general leading the charge? It’s the economy, stupid! And the fact is that real, median household income peaked at nearly $58,000 back in 1999 and has been sliding ever since, standing now at just $53,657.
Cheap laborers (both undocumented unskilled and skilled H1-B guest workers) and the ability to offshore production and reimport goods into the United States have boosted earnings to record highs. Yet in a mirror-image decline, the share of income going to Middle Americans has collapsed.
Politically, the backlash against this dynamic has been burning slowly for two reasons — both of which can be traced to the ultra-easy monetary policy of the Federal Reserve over the past 20 some years.
First, easy money has fueled asset price appreciation, allowing Americans to tap home equity and stock market wealth to supplement stagnant wages and fuel their ability to spend. We saw this in the dot-com boom. We saw it in the housing bubble. And we’ve seen it again in the current bull market.
Unfortunately, the gain in household net worth has been largely relegated to the wealthy who overwhelmingly own the most financial assets — fueling worries about rising inequality. (Check out page 30 of the Fed’s Survey of Consumer Finances for more information.)
Second, many have turned to credit to pad stagnant incomes. Since 1999, household credit has grown from $6.6 trillion to more than $14 trillion.
But now, the political anger is white-hot. Trump thunders in his rallies — which increasingly resemble rock concerts in mood and tone– about Ford building factories in Mexico or IT workers from Disneybeing displaced by foreigners they are forced to train.
Americans used to be content with this arrangement, buying suddenly cheaper imported goods with wealth and credit. But with homes filled with electronic toys, furniture and clothes, we now want our economic security back. Even mainstream economists are starting to concede that open trade has depressed American wages. The worm is turning.
Sanders wants to treat the symptoms with palliatives like increased taxes and regulation, using the power of the U.S. government to redistribute wealth from the rich and the corporate sector to poor and middle-income Americans at the risk of further damaging America’s potential growth rate by reducing entrepreneurship and economic dynamism.
Trump is talking about attacking the root cause of the problem: Elevating free trade and corporate globalism over American nationalism and “fair” trade.
For all the looking-down-the-nose belittling of Trump supporters as low-information voters, they implicitly understand this profound truth and realize that — with Establishment candidates in both political parties beholden to the status quo — the ostentatious Manhattanite with ridiculous hair and no brain-to-mouth filter is best positioned to turn things around.
Can we hire Israels to build that Mexican wall? Peruvians have mad wall building skills too! $12 billion what Trump said he wants to spend. Then deport 12 million, then bomb ISIS THEN cut our taxes! unicorns !
Trump will spend Mexico’s remittances.
They’d switch to bitcoins.
The most interesting thing about November 9 (Wednesday) is that we will be counting the number of intelligent people who have become so disgusted with 1) the voters who hallucinate sociopaths to powerful roles and with 2) the sociopaths themselves who ended up as the “only” realistic choice. I predict a growth in the number of people who have become above it all and did not want to be counted as part of the Eunuch sheep who begged for rulers. This number will be larger than the number in 2012.
Gotta be above it - Tame Impala.
+1 for Tame Impala.
Another name for those “above it all”: irrelevant.
Sociopaths? You are talking about sociopaths? Sociopaths are people who do not experience empathy. They entirely out for themselves. Got Billism?
If you had lived in the Weimar Republic during Hitler’s rise to power, would you have opposed him or supported him?
He’s gonna modernize the highways, the rest is just bluster.
An abuser starts out by gradually feeling out his victims’ tolerance. The more victims passively appease the abuses, or even feign enjoyment, the more the abuses escalate.
They sure do.
Macbeth and his lady are great literary examples of this!
Very true.
If you had lived in the Weimar Republic during Hitler’s rise to power, would you have opposed him or supported him?
According to my now deceased in-laws, Hitler was seen as a savior before he jumped the shark.
According to my living mother, folks in the town where she lived admired him so much that they wore mustaches resembling him.
Once WWII was underway, the shavers came out.
I will quote:
“The National Socialist Workers Party of Germany, otherwise known as the Nazi Party, was indeed socialist, and it had a lot in common with the modern left. Hitler preached class warfare, agitating the working class to resist “exploitation” by capitalists — particularly Jewish capitalists, of course.
Their program called for the nationalization of education, health care, transportation, and other major industries. They instituted and vigorously enforced a strict gun control regimen. They encouraged pornography, illegitimacy, and abortion, and they denounced Christians as right-wing fanatics.
Yet a popular myth persists that the Nazis themselves were right-wing extremists. This insidious lie biases the entire political landscape, and the time has come to expose it.”
Who are you quoting? I read somewhere that the gun control thing is a myth.
I read they were health food nuts.
Which religious groups has Trump attacked so far?
Muslims
Catholics
Mormons
…
I’m starting to lose track.
If he denounced sky wizardry in general, I could get behind that. He just has a few more to go.
He won’t get that far, as some groups that support him, such as the KKK, are rooted in that old time religon.
If only people would watch this: http://www.zeitgeistmovie.com/
History can teach us a lot.
Campaign Stops
Op-Ed Contributor
The Gospel According to Trump
Donald J. Trump holds a Bible while speaking at the Values Voter Summit in Washington.
Drew Angerer / Bloomberg
By MCKAY COPPINS
January 18, 2016
IT is no secret that Donald J. Trump’s ruinous rise in the Republican presidential primaries has been powered, in large part, by a naked agenda of religious division and fear-mongering — an agenda that will likely inform his speech today at Liberty University, a conservative Christian college in Lynchburg, Va.
But while his anti-Muslim provocations have rightly drawn the largest share of public outrage, Mr. Trump has in fact been using his bully pulpit throughout this election season to attack religious minorities of all stripes. He deploys this tactic on the campaign trail whenever it suits his political purposes, and his religious digs and dog whistles are often so cartoonishly retro that they sound as if they’re being delivered by a billionaire Archie Bunker.
In the Gospel According to Trump, there is only one blessedly normal, all-American faith: mainline Protestant Christianity. The Presbyterians, the Methodists, the Baptists — those believers who once made up this country’s midcentury religious mainstream — are Mr. Trump’s “chosen ones.” He regards their customs and values as essentially as American as apple pie, while all other faith communities, even other forms of Christianity, seem to rest somewhere on a spectrum from exotic to sinister.
Take Mr. Trump’s bizarre speech last month to the Republican Jewish Coalition, where he kept inexplicably returning to the same well-worn tropes that anti-Semites have been using for a century. “I’m a negotiator, like you folks,” he proclaimed to the crowd. Later, he sought to signal defiant distance from the Republican establishment by informing them: “You’re not going to support me because I don’t want your money.”
While speaking to a crowd of Florida supporters in October, Mr. Trump publicly hinted that there might be something nefarious about Ben Carson’s Seventh-day Adventist faith. “I’m Presbyterian,” Mr. Trump said. “Boy, that’s down the middle of the road, folks, in all fairness. I mean, Seventh-day Adventist, I don’t know about. I just don’t know about.”
More recently, he tried to blunt Ted Cruz’s surge in the Iowa polls by using the senator’s Cuban heritage to exoticize his Christian faith. “I do like Ted Cruz,” Mr. Trump said at a rally in Des Moines, “but not a lot of evangelicals come out of Cuba.”
There is an absurdity in seeing Donald Trump trying to play the role of 2016 religion referee. This is a man whose sincerest praise for the Bible is to deem it even better than his best-selling book “The Art of the Deal,” a man whose most famous religious experience is having reportedly struck up a romance with his second wife among the pews of a Manhattan church (while he was still married to Ivana).
But Mr. Trump’s religious posturing is not about theology, it’s about branding — and if his religious worldview seems impossibly dated, that’s by design. His entire message, right down to his “Make America Great Again” campaign slogan, is rooted in a gnawing nostalgia and economic anxiety that grips much of the country’s white working class. Mr. Trump’s target demographic is not America’s most devout, but its most anxious and aggrieved, and what he’s selling isn’t salvation, but a bygone era of plentiful factory jobs, robust pension funds and safe, monochromatic suburbs dotted with little white churches that everyone in town attended on Sundays.
By focusing his rhetorical firepower largely on minority faiths that have grown in size and influence in the United States over the past 60 years — displacing the old Protestant monopoly — Mr. Trump is stoking a tribal hostility toward those who worship differently, one that hucksters have seized on throughout history to infect and co-opt America’s faith communities.
…
This is a man whose sincerest praise for the Bible is to deem it even better than his best-selling book “The Art of the Deal,”
When you think about it, the Bible is offering us a deal: Do x and you’ll go to heaven.
Maybe Trump can get us a better deal?
When you think about it, the Bible is offering us a deal: Do x and you’ll go to heaven.
When I think of the term “deal” I think of bargaining, until a “deal” is made. I do not believe there is any room for bargaining in the context of salvation.
I do not believe there is any room for bargaining in the context of salvation.
You sound like one of out tassel-loafered trade negotiators. Shoot for the moon, settle for half. Art of the Deal 101. Badda-bing.
Also, FWIW, Protestants reject the notion of “do ‘x’ and you’ll go to heaven” as that implies that salvation is earned via works. Of course one could argue that making a confession of faith is “doing ‘x’” and thus is a “work”.
There is a difference between salvation and reward. The bible is clear on this, but sadly, few ministers preach it. Your ‘works’ here will determine your reward.
Your ‘works’ here will determine your reward.
That’s why we gotta get a better deal.
That’s why we gotta get a better deal.
LOL.
“IT is no secret that Donald J. Trump’s ruinous rise in the Republican presidential primaries has been powered, in large part, by a naked agenda of religious division and fear-mongering ”
COPPINS, you’re in the wrong office.
(from Ben’s Monty Python link)
Man: (Michael Palin) I want to complain.
Complainer: (Eric Idle) You want to complain! Look at these shoes. I’ve only had them three weeks and the heels are worn right through.
Man: No, I want to complain about…
Complainer: If you complain nothing happens, you might as well not bother.
Man: Oh!
Complainer: Oh my back hurts, it’s not a very fine day and I’m sick and tired of this office.
(Slams door. walks down corridor, opens next door. Gets hit on head as he steps through.)
Man: Hello, I want to… Ooooh!
Spreaders: (Terry Jones) No, no, no. Hold your head like this, then go Waaah. Try it again. (hits him on the head again)
Man: uuuwwhh!!
Spreaders: Better, Better, but Waah, Waah! Hold your hands here.
Man: No.
Spreaders: Now..
Man: Waaaaah!!!
Spreaders: Good, Good! That’s it.
Man: Stop hitting me!!
Spreaders: What?
Man: Stop hitting me!!
Spreaders: Stop hitting you?
Man: Yes!
Spreaders: What did you come in here for?
Man: I came here to complain.
Spreaders: Oh no, that’s next door. It’s being-hit-on-the-head lessons in here.
While speaking to a crowd of Florida supporters in October, Mr. Trump publicly hinted that there might be something nefarious about Ben Carson’s Seventh-day Adventist faith. “I’m Presbyterian,” Mr. Trump said. “Boy, that’s down the middle of the road, folks, in all fairness. I mean, Seventh-day Adventist, I don’t know about. I just don’t know about.”
Goon likes to harp on Evangs belief in the Rapture. But the SDA’s believe that the end is imminent, as in it could happen this week. There is an SDA enclave nearby in a small town called Campion (they have a K-12 school there called Campion Academy) and they constantly mail flyers to us and our neighbors, inviting us to attend one of their imminent end times lectures at the school.
Few of these of these writers can really get a grip on the Trump phenomenon. This guy makes the mistake of considering Baptists to be mainline Protestants, which is not the typical understanding of the term. The evangelicals, who are so important in Iowa and the South, are also not considered to be mainline.
Trump’s daughter converted to Judaism. It’s not likely that he’s personally anti-Semitic.
Trump’s statement about Seventh-day Adventists is just bizarre. Why make such a comment? He probably lost a bunch of votes right there. Some Hillary super PAC could make a TV commercial using the video and play it in swing states that have significant numbers of Seventh-day Adventists.
I think that he just frequently speaks without thinking a lot. Somehow it hasn’t hurt much yet.
Religious people are the easiest to fool.
Christian Zionism is a rotting tumor at the core of American foreign policy.
Which religious groups has Trump attacked so far?
Muslims
Catholics
Mormons
IIRC correctly, he rebuffed the Pope’s claim that “putting up a wall” is an unchristian act. He didn’t attack Catholicism per se; not the way he attacked Islam. AFAIK he hasn’t called for a moratorium on Catholics (or Mormons) entering the USA.
He also correctly pointed out that the pope himself lives inside of a walled city.
Marco Rubio lost big last night. I even beat him in Virginia, where he spent so much time and money. Now his bosses are desperate and angry.
Clinton Tells Young Black Voter Asking About Diversity, ‘Why Don’t You Go Run For Something, Then’ …
http://theslot.jezebel.com/clinton-tells-young-black-voter-asking-about-diversity-1762385043
You can tell Clinton is annoyed at having to deal with every day people. She lacks the stamina that this campaign will require, especially if her opponent is Trump.
I am annoyed too.
Hillary is doing a good job for the most part hiding her disdain for ordinary people but a couple of times recently the evil has slithered out of her.
Maybe she’s been reading comments by a certain someone claiming that 95% of the population are morons.
“Maybe she’s been reading comments by a certain someone claiming that 95% of the population are morons.”
Or more likely Hillary has disdain for ordinary people.
The “ordinary” people who attend Hillary rallies are probably several standard deviations lower in IQ than even the average mouth-breathing ‘Murican.
She had a plant in a hijab right behind her during her speech last night. Transparent shilling.
Saw and thought that too.
My san diego water bill has skyrocketed from 37.00 a month in 2008 to 166.00 a month in 2016. Of course I can pay it but as a woman with long hair, i only wash my hair every other day, and i have so many clothes that i only do a ‘wash day’ one day a week. So 15 showers a month or so, dishwasher every 10 days, water the landlords dead grass, nine stations. Oh wait, i think my money goes to subsidies!
Imagine the losses had you bought the shack instead of renting it.
Gonna get worse if 2016 is another drought year. Price of water will need to triple to make people conserve while they build de-sal as fast as they can.
Feb was 13% of normal rainfall, El nino nada so far
The less water people actually use, the more they have to raise your rates to pay the fixed costs of operating the water supply system. Less is more!
Well… not really. Not at all.
Chem addition and electric costs are all founded on volume. Even labor is a non-fixed cost. Those three items make the majority of public utility operating costs.
If your water authority is in debt, you are screwed.
water the landlords dead grass, nine stations.’
Ea irrigation station is how many GPM ? A sprinkler is ~ 1.0 GPM
if ea station has 10 heads = 10 GPM x 9 stations = 90 GPM 3x a week = 270 Gpm x 4 weeks a month = 1080 GPM a month
That’s if the sprinklers are on 1 minute ea cycle. 10 minutes ea 10800 gallons a month.
My Poway landlord wanted me to water his dead grass a bunch also.
I ripped most of the wall to wall grass out of my back yard. Now I have to do the front.
Napalm it with GroundClear. Nothing is more effective at creating additional weekend leisure time.
Mr Big Mouth causing trouble;
GOP presidential frontrunner Donald Trump’s vow to build a wall along the U.S.-Mexico border seems to be spurring more illegal immigration in recent months, according to Reuters.
This will win him millions of votes. Open borders must end.
The amount of damage neo-cons have done to this country in the last 50 yrs is amazing. Reagan, with his tripling of the deficit and selling weapons to Muslims and creating Bin Laden started the pattern of spend and fail. No wonder Trump is sick of it all and gathering support from the un-washed.
I agree. In fact most of the crap we’re dealing with right now has to do with the neocon wings of both parties, although Noam Chomsky basically divides it into neocon and neoliberal. Heck, just call them the neos.
I wonder how many Trump supporters know about this:
The Secure Fence Act of 2006
“This bill will help protect the American people. This bill will make our borders more secure. It is an important step toward immigration reform.”
- President George W. Bush, 10/26/06
I do. They built 800 miles then ran out of money. Let’s finish it.
There’s a wall and it already exists. It runs through the payroll department of every business and non-profit in the US. I’ve prepared hundreds of payrolls large and small, and all of the tax filings associated with them. I know exactly what sort of information the government has. Here’s what you do; have the IRS and Social Security departments scan and go over their taxpayer ID numbers, primarily social security numbers. Find phonies, duplicates, numbers belonging to people that are now dead, you get the idea. Then mail the employers making payments to those employees telling them those wages as expenses have been disallowed as of the first of the 2016.
I’m sure the feds already have an idea of how many of these illegal SS#’s are out there and just don’t tell anyone. But even if they don’t, you could probably do the whole thing for a couple million and make it a permanent part of the tax code and collections.
And maybe they’ll do just that or something similarly effective under Trump. Maybe a wall wouldn’t be needed, but why not do both. Almost all of the criticism about the wall here (not you) is really just signalling opposition to anything other than open borders shamnesty. Both sides, R and D.
We are going in the exact opposite direction now with millions being given LEGAL work authorization due to executive order. Trump is the only one that that even seems to have the desire to stop it. All the others want it swept under the rug. It would not even be a campaign issue now except for Trump.
Where there is a will, there is a way. Trump is the only one who even seems to have the will for anything other than total surrender.
‘why not do both’
I lived 30 miles from Mexico for 5 years. The real border is 50 to 150 miles inland from the physical borders. A fence along the physical border is useless as anyone can cross at the tradition border towns.
Announcing the new gathering place for a state full of leering Lolas
San Francisco, CA Opens Public Open Air Urinals
http://gizmodo.com/san-franciscos-first-outdoor-urinal-opens-just-in-time-1755961380
Mafia Blocks - is there a raging blog that might appreciate all your research of the Lolas? This is a housing blog.
Stick to housing my friend. Stick to housing.
Thousand Oaks, CA Housing Prices Crater 11% YoY As Housing Demand Plummets To 30 Year Lows Statewide
http://www.zillow.com/newbury-park-thousand-oaks-ca/home-values/
CHYSTER no one wants to click on your bogus links and make u money! GET a JOB!
You have a beef with the data Az_Donk.
Seattle, WA Housing Prices Fall 5% YoY
http://www.zillow.com/seattle-wa-98199/home-values/
Mafia is a retired old man living in upper NY in the ice and cold. He collects soc sec, not pd for clicks.
“Mafia is
a retired old man living in upper NY in the ice and cold. He collects soc sec, not pd for clicksliving in my skull and it drives me nuts.”That’s more like it.
control your rage, no one cares who you are
I am sorry you missed the bull market again.LMFAO
Falling housing prices my friends. Falling housing prices.
Miami Beach, FL Housing Market Craters; Prices Cave 9% YoY
http://www.zillow.com/miami-beach-fl/home-values/
Our leaders don’t have a clue.
Nor do your supporters.
Maybe Oprah should run against Trump. She is more successful.
How do all the illegals get to Miami?
Got wall?
“How do all the illegals get to Miami?”
For the last couple of years on a Greyhound bus with Texas plates.
Why would they have Texas plates?
Are you that clueless?
You’re missing my point.
Irrelevant.
“You’re missing my point.”
The Point Oringinal 1971 version Dustin Hoffman … - YouTube
http://www.youtube.com/watch?v=0Xl50qKVkqE - 304k -
I am going to repeal and replace ObamaCare.
Can you be specific? What will you replace it with?
irrelevant
We’ve got Donald Trump here. You should be interested in his answer to my question.
Irrelevant..
Say what you will about Trump, I love the way he’s throwing the worthless, sellout Goldman Sachs political prostitutes known as the establishment GOP into a panic.
http://www.businessinsider.com/donald-trump-nomination-delegates-gop-2016-3
More fundamental transformation coming soon to a community near you.
http://www.breitbart.com/big-government/2016/03/02/obama-plans-to-bring-thousands-more-syrian-refugees-into-the-u-s/
‘Muricans gunning up like never before.
http://money.cnn.com/2016/03/02/news/fbi-background-checks/index.html
Oh, Lord….
http://www.independent.co.uk/news/world/americas/us-elections/david-duke-ex-kkk-leader-says-he-would-like-to-serve-as-donald-trumps-secretary-of-state-a6908271.html
That’s a great proposal, as Trump’s failure to repudiate the KKK was a clear endorsement.
Perhaps the best reason to vote for Donald Trump.
http://www.usmagazine.com/celebrity-news/news/miley-cyrus-cries-after-donald-trumps-primary-victories-you-are-not-god-w166036
Cracking bad week for Chesapeake
If you like your creepy Orwellian surveillance, you can keep your creepy Orwellian surveillance.
http://www.nytimes.com/2016/02/29/business/media/see-that-billboard-it-may-see-you-too.html?_r=1
the Eagles — Already Gone:
https://www.youtube.com/watch?v=sTrEAo0mbgA
the Grateful Dead –Eyes Of The World:
https://www.youtube.com/watch?v=rBj7igoatWY
Notice of non-renewal with offer to sell to us direct, no realtor.
99% going to buy
Do not try to talk me out of it. I am destined to be a debt donkey.
If you already live there, at least you’ve got a good feel for if the house and location suit you.
Having had this happen to us last July, I feel for you.
As it turns out, if we had bought, the $55K (estimated) appreciation since would have been ours. The $900 difference between the mortgage payment and rent would have been nice, too. (I can’t do anything right, it seems.) This bubble has thick skin.
You’re a smart dude.
I’m sure you will make the right decision for you and your family.
Notice of non-renewal with offer to sell to us direct, no realtor.
Doh, sorry to hear it, Muggy…
LL’s like that are the pits.
Bummer Muggy.
Like Grandma used to say; “You’re young. You can recover.”
Just a suggestion. Keep as much cash away on the side as you possibly can. If things go in the crapper (back to normal) you will want it.
My business is 6 months ahead of the main business cycle. It is rolling over. I am destined to be a boat bum.
Must be really close to the peak now!
Bloody Thug Alert
Thug Takes Bullet To Face After Attacking Senior Citizen
Elderly man pulls concealed pistol on attackers in self defense
Infowars.com - March 2, 2016 593 Comments
An elderly man successfully used a gun to defend himself and his wife from two violent attackers, police in Philadelphia say.
The 65-year-old man’s wife says they were walking through the residential neighborhood of Queen Village when two twenty-something males confronted them, asking, “What are you looking at?”
“What are you looking at?” the wife says her husband replied, at which point both men began to beat him.
Witnesses who live nearby corroborated the story, claiming they saw the violence unfold.
“Another witness who was walking by at the time told police the two men were standing over the 65-year-old and repeatedly kicking him,” reports NBC10.com.
Despite the beating, the man was able to draw his legal concealed carry .45 caliber pistol and shoot his assailants, striking one in the stomach and the other in the face.
The attackers were both hospitalized, one with serious injuries, but are reportedly now in stable condition.
The man was also treated for his injuries, but has already been released. His wife was not injured during the incident.
It’s unknown whether the Philadelphia District Attorney will press charges against the man, or rule the shooting was in self defense, but the Philadelphia police lieutenant says the man is lucky to be alive.
“In any kind of situation like that, I mean the only appropriate amount of force would be to stop the aggressors,” the Philadelphia police lieutenant told NBC 10. “You can’t become the aggressor. This man is very lucky he was able to defend himself and defend his wife because we don’t know. We don’t know if he didn’t have a firearm, we don’t know what we may have been talking about at this point in time.”
Sounds weird. “What are you looking at?” What kind of a mugging is that?
Sounds like rival gangs. There are old gang bangers.