March 20, 2016

Bits Bucket for March 20, 2016

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Comment by Professor Bear
2016-03-20 02:12:11

Did central bankers decide to end the commodities rout by throwing Uncle Buck under the bus?

Comment by Professor Bear
2016-03-20 02:18:20

MarketWatch dot com
Did central bankers make a secret deal to drive markets? This rumor says yes
By Sara Sjolin
Published: Mar 19, 2016 8:13 a.m. ET
Speculation is flourishing about a tacit “Shanghai Accord”
Reuters/Aly Song
Fed Chairwoman Janet Yellen talks with U.S. Treasury Secretary Jack Lew and the U.K.’s finance minister George Osborne at the G-20 meeting.

The dollar has taken a surprisingly big stumble in recent weeks, prompting traders to ask: What’s really driving the selloff? The answer some are coming up with smacks of conspiracy theory.

Rumors are flourishing that global policy makers made a secret deal at the G-20 meeting in Shanghai late last month. This “Shanghai Accord” to weaken the greenback was aimed at calming the financial markets, which had gotten off to an awful start to the new year, according to the chatter.

No foreign-exchange pact was announced at the February meeting of central bankers and policy makers from the 20 largest economies. That hasn’t stopped speculation that a plan of action was whipped up behind closed doors, as its supposed effects are beginning to emerge now: The greenba has shaved off more than 3% since the gathering, sparking a rally in stocks, emerging markets assets and commodities.
…c

 
Comment by Professor Bear
2016-03-20 02:23:31

The Wall Street Journal
Markets
Global Currencies Soar, Defying Central Bankers
From Japan to Norway, currencies are rising despite policies aimed at weakening them
Euro notes and Japanese yen. Both currencies have risen against the dollar this year.
Photo: Kiyoshi Ota/Bloomberg News
By Min Zeng and Ira Iosebashvili
Updated March 17, 2016 11:42 p.m. ET

Efforts by many of the world’s central banks to weaken their currencies are failing, raising concerns about whether policy makers are losing the ability to wield control over financial markets.

This was the case again in Japan on Thursday, when the dollar fell 1.1% against yen, to ¥111.39.

Despite the Bank of Japan ’s efforts to push down its currency and jump-start the economy with negative interest rates, the yen is up 8% this year and is at its strongest level against the dollar since October 2014. European central bankers are having similar problems containing the strength of the euro and other currencies.

These difficulties are a reminder that the long stretch of exceptionally low rates in response to the 2008 financial crisis has created market distortions that may be difficult for central bankers to contain.

This disconnect could produce more volatility in financial markets. Even if investors can predict what actions central banks are likely to take, they are having a hard time predicting how markets will react, potentially sparking a pullback from riskier assets, such as emerging markets or commodities.

It also underscores long-standing concerns about the prospects for global growth. A number of central bankers are reaching for the lever of lower interest rates to weaken their currency and make their exports more competitive. But because policy makers are all following the same approach, they are in effect canceling each other out.

 
Comment by Professor Bear
2016-03-20 02:28:23

BARRON’S
March 19, 2016 12:01 a.m. ET
Why the Bull Market May Be Losing Its Mojo
Investors are struggling to determine if the bull is back or whether the stock rebound just reflects another global round of monetary easing.
By Randall W. Forsyth

Are we really headed back to the future?

It would appear that Nike (ticker: NIKE) thinks so. The athletic-wear maker last week unveiled a real-life version of a prop from the fantasy flick from three decades ago: self-tying sneakers. With self-driving automobiles on the horizon, why shouldn’t sneakers lace themselves up in the 21st century? So what if it takes a feat of engineering to perform a task that can be mastered by 5-year-olds? It’s cool.

Technology also is being utilized in rather more productive ways, spurred on by politics. Specifically, the campaign to boost the minimum wage would provide the impetus to put more robots to work—in place of humans.

That’s the conclusion of the latest survey of chief financial officers by the Fuqua School of Business at Duke University. Nearly three-quarters of the CFOs polled said they would trim current or future payrolls if the minimum wage were hiked to $15 an hour—the aim of various campaigns. Some 41% said they would lay off current workers, and 66% would slow future hiring. Moreover, 66% of firms said they would also cut employee benefits, and 49% would raise prices with a 15-buck wage floor.

Those impacts wouldn’t be immediate, writes Campbell Harvey, the Fuqua professor who is the founder of the survey. Most companies with employees earning less than $10 an hour would gradually invest in labor-saving techniques were the minimum wage to be hiked, he continues. “CFOs are telling policy makers there is a significant unintended consequence: Some jobs will be replaced by robots, and this replacement is permanent.”

Comment by The Selfish Hoarder
2016-03-20 06:47:30

Looks to me that the bull market peaked a year ago. But the dividends are increased, according to my stock funds. That puts wine on the table.

 
 
Comment by Professor Bear
2016-03-20 02:34:25

An agreement among central bankers to lift commodities and other risk asset prices through a coordinated writedown of the dollar while leaving exchange rates unchanged seems mathematically feasible. Would such a move be politically and legally viable, if conducted in secret (e.g. only beknownst to the large Wall Street investment banks that own the Fed)?

Comment by Combotechie
2016-03-20 05:01:10

“Would such a move be politically and legally viable, if conducted in secret (e.g. only beknownst to the large Wall Street investment banks that own the Fed)?”

If it is conducted in secret then how would anyone know?

Comment by Combotechie
2016-03-20 05:03:27

There needs to emerge from the muck a monetary version of Edward Snowden.

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Comment by SnakePlisken
2016-03-20 07:05:02

It’s published in the newspapers every day. Everyone knows, no one cares, because they are lining their own pockets. We are about to have an election where one of the candidates blatant criminality endangering national security WHILE she was a government official is being ignored. A regular schmoe would already be in jail. No one cares because they don’t want their free shit gravy train interrupted.

 
Comment by Neuromance
2016-03-20 08:50:37

Combotechie: There needs to emerge from the muck a monetary version of Edward Snowden.

One simply needs to take a look at the Fed org chart, the board of directors. At the surface level, the corruption from conflicts of interest are self evident. For corruption below the surface, there was Carmen Segarra, and other sources. For whatever reason, it doesn’t “go viral”.

The revolving door as well is laughable. Bernanke now works for Pimco and Citadel. Geithner went to Warburg Pincus (he was Treasury not Fed). All the way down the line. The Big Short had that scene with the Fed employee and the Wall Street employee having a fling, as a metaphor for the relationship between the two entities. Elizabeth Duke, a former fed governor, the one who was captured in the Fed minutes talking about putting a floor under house prices. She is now on the board at Wells Fargo.

I posted the other day about the “myth of the disinterested technocrat.” They would only be disinterested if they would be willing to act against their own interests and the interests of their friends and families, if that were good for the country. And the chances of a high level leader doing that are vanishingly tiny, sacrificing himself, his friends and family, in favor of the great unwashed.

Simply put: The conflicts of interest are enormous, self evident and laughably so. The higher profile FIRE luminaries are starting to disappear from Fed boards (replaced by less well known luminaries), but they are not giving up their influence and information pipelines.

1) Jamie Dimon was a director of the NY Fed until 2013:

Conflicts at the Regional Fed Banks Go Way Beyond Jamie Dimon
Nancy Miller
June 19, 2012
Time

“Some heavy-hitters are lobbying to get JPMorgan CEO Jamie Dimon to give up his seat on the board of the New York Federal Reserve. And he should — Dimon clearly wasn’t paying attention to the ABCs of banking risk. But if Dimon resigns because his bank lost more than $2 billion, and the story ends there, that would be a shame. Dimon is an embodiment of much deeper problems with the way the regional Fed banks work: In short, bankers have too much say about the financial system at the expense of everyone else. There is simply too much opportunity for all kinds of conflicts of interest.”

http://business.time.com/2012/06/19/jamie-dimon-isnt-the-only-or-even-the-worst-problem-plaguing-the-federal-reserve/

2) ” Is there a conflict of interest when bankers like JPMorgan Chase CEO Jamie Dimon serve on the board of the same institution that regulates them?

Insiders say no. But critics harp on the central bank for what seems like an incestuous relationship with Wall Street.”

http://money.cnn.com/2012/05/21/news/economy/jamie-dimon-new-york-fed/

 
 
Comment by Professor Bear
2016-03-20 06:26:26

Bloomberg FOIA, perhaps?

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Comment by Raymond K Hessel
2016-03-20 05:52:45

Would such a move be politically and legally viable, if conducted in secret (e.g. only beknownst to the large Wall Street investment banks that own the Fed)?

The vast majority of the ‘Murican electorate has demonstrated their docility and readiness to bend over and grab their ankles on demand for the banksters by voting for their captured Republicrat water carriers. So yes, any racketeering by the “former” Goldmanites running our central banks for the exclusive benefit of their .1% cohorts in the financial sector is politically and legally viable, no matter how outrageous a swindle it is against the 99%.

Comment by SnakePlisken
2016-03-20 06:33:22

It keeps housing prices up, which most people seem to like. Not just the .01 percent, but the vast, vast majority of people in this country do NOT want to see a crash or a reckoning, no matter how necessary.

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Comment by Raymond K Hessel
2016-03-20 08:01:10

Most Boomers may like to keep housing prices artificially high, but I’m guessing recent high school and college grads entering our Obama-Fed-Goldman Sachs “recovery” without a hope in hell of ever affording to own their own house on a non-living-wage job might not feel the same way. We need a crash to purge the toxic waste and fraud from the system and to finally get a new Pecora Commission that will send banksters and their captured regulators and politicians to prison.

 
Comment by Mr. Banker
2016-03-20 08:42:10

“We need a crash to purge the toxic waste and fraud from the system and to finally get a new Pecora Commission that will send banksters and their captured regulators and politicians to prison.”

“… go to prison.”

Bahahahahaha … stop it! You are killing me with the jokes.

Bahahahahahahahahahahahahahahahahahahahahahahaha

 
Comment by Raymond K Hessel
2016-03-20 09:37:44

A forlorn hope, I realize. But something unprecedented is happening: at least some of the zombies are becoming awake and aware, as evidenced by the growing rejection of the crony capitalist status quo.

https://www.youtube.com/watch?v=07s-cNFffDM

 
Comment by SnakePlisken
2016-03-20 09:45:31

Step 1 vote for the big middle finger up the rear of the establishment, D or R, take your pick there’s two.

 
 
 
 
 
Comment by Professor Bear
2016-03-20 02:47:42

Junk ain’t all that any more.

Comment by Professor Bear
2016-03-20 02:51:09

The Wall Street Journal
Business
Scrap-Metal Sector Is Latest Victim of Commodities Bust
As prices drop, junkyard operators stockpile cars instead of shredding them, stalling the auto-recycling industry
By John W. Miller
March 14, 2016 7:46 p.m. ET

PITTSBURGH—Cars are piling up at junkyards across the U.S., as the commodities bust that has already bruised mining and metals companies from Ohio to Australia ripples through another sector: scrap.

As prices for steel, iron ore and other commodities have dropped because of a demand slowdown and oversupply in China, prices for scrap metal have also collapsed.

Comment by Raymond K Hessel
2016-03-20 06:33:03

Chinese electricity demand is also way down, further evidence of a downturn in the real economy that belies the rosy (and utterly false) official statistics.

http://wolfstreet.com/2016/03/19/china-electricity-consumption-to-sag-again-in-2016-chairman-of-power-company/

 
Comment by X=GSfixr
2016-03-20 07:35:56

Damn…..I thought I’d be able to retire off my big pile of used car parts/worn out brake discs…..

Comment by Professor Bear
2016-03-20 10:11:36

That has to be a thin margin business in the best of times.

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Comment by inchbyinch
2016-03-20 02:52:38

Ben
Great article and thread yesterday.

I recently audited a real estate “mastermind” group advertised as a commercial group, and it was mostly a FIBI (for investors by investors) and a sprinkle of hard money folks. I was the only real commercial person there. People were fans of Bruce Norris. Bruce thinks interest rates are going to rise. 20 years to riches was the basic theme. One young’in in her 20’s claimed she was already retired. She was a *itch. Unless she is under daddy’s financial umbrella, I doubt it. Cash flow from rentals, and retained earnings are two different things.

Meet*p has FIBI groups that meet once a week. It wasted my time, other than meeting a few quality people. Flippers and Agents…puke

Comment by Jake
2016-03-20 04:33:19

Sounds like more housing fraud.

 
Comment by Blue Skye
2016-03-20 05:50:38

A flipper’s convention and they were all lying through their teeth?

Comment by Jake
2016-03-20 05:55:03

She led it.

Comment by SnakePlisken
2016-03-20 06:38:20

That post says almost everything you need to know. Who “audits” such horse hockey, much less one found on the Internet?

For liars by liars.

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Comment by inchbyinch
2016-03-20 21:48:20

I thought I would meet REIT types, and other commercial professionals. I was auditing the meeting to make some networking contacts, not be in a flipper’s cesspool.

Some call investors with a portfolio commercial types. I don’t see it that way. I deal in cap rates, noi, nnn leases, etc,…

 
 
 
 
Comment by Combotechie
2016-03-20 06:57:14

“Cash flow from rentals, and retained earnings are two different things.”

As and example: American Homes 4 Rent (AMH):

Cash flow for 2015 = $201,365,000

https://finance.yahoo.com/q/cf?s=AMH+Cash+Flow&annual

Retained Earnings for 2015 = Minus $296,865,000

https://finance.yahoo.com/q/cf?s=AMH+Balance+Sheet&annual

Even though the retained earnings were negative (because there weren’t any earnings and there never have been any earnings) the company is somehow still able to pay out dividends.

Amazing! Magic! A miracle!

(… and lots of borrowed money.)

Comment by Combotechie
2016-03-20 07:14:00

For whatever reason the balance sheet link came out wrong. Go here instead:

http://finance.yahoo.com/q/bs?s=AMH+Balance+Sheet&annual

The mentality that thinks of cash flow as being actual income shares the same mentality of those who think that imputed rent is actual income.

 
Comment by Jake
2016-03-20 09:26:43

Remember….. I can ask $50k for my 10 year old used up Chevy pickup but where is the buyer at that price?

So it is with depreciating assets like housing.

 
Comment by taxpayers
2016-03-20 10:16:10

Are they buying more home in 2015?
Way late

Comment by Jake
2016-03-20 11:13:10

Contrary. Far too early.

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Comment by Professor Bear
2016-03-20 03:07:57

Get shorty!

MarketWatch dot com
Epic short squeeze helps launch historic gains in oil stocks
By Tomi Kilgore
Published: Mar 4, 2016 4:46 p.m. ET
Chesapeake’s stock posted its biggest-ever weekly gain, as short interest topped 40% of public float
Nicole Murphy (L) and Jessica Canseco in 2012

Shares of Chesapeake Energy, EP Energy and Rexx Energy rocketed to their biggest ever weekly gains Friday, as an extended run-up in crude oil prices helped trigger a massive retreat by those who bet heavily against some downtrodden energy stocks.

Chesapeake’s stock (CHK, +2.51%) has soared 19% on Friday on volume of 188.6 million shares, making it the most active U.S. stock on the day, and climbed 89% for the week. The stock’s second-biggest weekly percentage gain since it went public 23 years ago was 47%, during the week ending Dec. 12, 2008, according to FactSet.

Short interest, or bets that the stock would fall in price, in the oil and gas exploration and production company rose to 234.7 million shares during the first half of February. That was more than 40% of the public float–the number of shares available to trade by the public–and more than triple the short interest of a year ago.

 
Comment by Overbanked
2016-03-20 03:28:37

It’s my perception that Jingle Male has been very active in posting in 2016. If my perception is correct, what is the reason?

Comment by Jake
2016-03-20 04:41:47

Its jinglefraud. who cares?

 
Comment by Red Pill
2016-03-20 04:45:35

The end is near.

 
Comment by Blue Skye
2016-03-20 05:49:04

Zillow estimate euphoria.

 
 
Comment by Red Pill
2016-03-20 03:39:02

This is a great young thrash band…Havok

https://www.youtube.com/watch?v=YdGSrhu8yEs

Sorry, they are all white. Damn

Oops David Sanchez is the lead singer and guitarist…my bad.

I guess only some of them deserve to die.

Comment by The Central Scrutinizer
2016-03-20 09:04:10

Want some cheese with that whine?

Comment by Red Pill
2016-03-20 12:11:19

I hate white people. I am white, therefore I hate myself.

Signed, Revcom

Comment by The Central Scrutinizer
2016-03-20 13:18:54

Images by Tyrone Greene …
Dark and lonely on the summer night.
Kill my landlord, kill my landlord.
Watchdog barking - Do he bite?
Kill my landlord, kill my landlord.
Slip in his window,
Break his neck!
Then his house
I start to wreck!
Got no reason –
What the heck!
Kill my landlord, kill my landlord.
C-I-L-L …
My landlord

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Comment by MightyMike
2016-03-20 13:24:41

They’re horrible. They deserve to be ignored.

Comment by Red Pill
2016-03-20 14:28:41

Says the Justin Bieber fan.

 
 
 
Comment by Overbanked
2016-03-20 03:42:55

I’m not using my brain 24/7 and I’m not doing anything to make the world a better place. I “help” other people, for a price, and I use the turn indicator on my car. I don’t directly or “indirectly” work to ensure people are killed and property is destroyed. Although I don’t cheat on my taxes, if that matters, perhaps that makes me complicit…

Comment by Raymond K Hessel
2016-03-20 05:55:20

Do you have an actual point?

Comment by Goon
2016-03-20 05:58:40

Perhaps not. But it doesn’t change the fact that Bill in Los Angeles = WIN.

Comment by Blue Skye
2016-03-20 06:12:03

Everyone who gets/stays off the debt treadmill, lives below their means and saves = WIN.

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Comment by palmetto
2016-03-20 06:16:39

Exactly. But if I might say, I rather have a preference for the Blue Skye method. But that’s just me.

Blue Skye = WIN.

Really, when you get down to it, it’s just a matter of taste.

 
 
Comment by SnakePlisken
2016-03-20 06:48:59

Financially Bill is doing well. It seems though that the minute he needs the help of others, he’s sunk.

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Comment by The Selfish Hoarder
2016-03-20 07:20:26

Sunk, but you’d be amazed at what money can buy.

 
Comment by anklepants
2016-03-20 08:26:03

Go by the old folks home after visiting hours. You better have someone who cares for more than money checking on your wellbeing.

 
Comment by The Central Scrutinizer
2016-03-20 09:06:37

Unless you have tens of millions, and a loyal staff, people will just rob you when you get too feeble to defend yourself.

 
Comment by palmetto
2016-03-20 11:11:38

If you have a decent and involved family, that helps, too. May parents may not have had the best, most responsible offspring in the world, but when push came to shove, we stepped up to the plate and in the end, both parents were able to shuffle off this mortal coil fairly comfortably.

 
Comment by Professor Bear
2016-03-20 13:01:32

“…both parents were able to shuffle off this mortal coil fairly comfortably.”

Parents whose kids look after their needs when they are too old and frail to look after themselves are one of life’s greatest treasures.

 
Comment by The Selfish Hoarder
2016-03-20 14:21:55

“Parents whose kids look after their needs when they are too old and frail to look after themselves are one of life’s greatest treasures.”

Hardly happens anymore PB. Adult offspring have jobs and family in other locations. I was 900 miles away from my dad when he died. I had a job, a girlfriend, and was the POA for my Aunt, who was also on her deathbed.

It is unrealistic to think young people are going to quit their careers and families to take care of the old people.

 
Comment by Oddfellow
2016-03-20 15:01:30

Here’s an option for care when you’re old:

FRESNO, Calif. (AP) — A 96-year-old California woman has adopted a daughter — a 30-year-old woman from Cambodia.

 
 
 
 
Comment by The Selfish Hoarder
2016-03-20 06:52:08

“I don’t directly or indirectly work to ensure people are killed or property is destroyed.”

If you vote you certainly are culpable.

Comment by The Selfish Hoarder
2016-03-20 06:53:45

…and complicit.

 
Comment by SnakePlisken
2016-03-20 07:14:21

The tiny ant decided to take a stand. No longer would he be under the rule of the queen. No longer would he follow the path of all the other ants. He would make the decisions for himself. He would decide when to work and when and what to eat.

Satisfied, he strolled back down to his workroom to get back to work. Later he would walk back home through the vastly complex tunnels of the anthill using a different path than he normally chose.

http://youtu.be/t8×3vymEWfg

 
Comment by Combotechie
2016-03-20 07:35:07

I’ve heard the same argument for not willingly paying income taxes.

Comment by SnakePlisken
2016-03-20 07:36:44

This is clearly where it is headed. Then possibly prison.

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Comment by Overbanked
2016-03-20 09:14:01

I don’t work for the MIC.

Comment by The Selfish Hoarder
2016-03-20 11:24:49

Nor I.

 
 
 
Comment by Senior Housing Analyst
2016-03-20 04:43:15

Bend, OR Housing Market Implodes; Prices Crater 16% YoY On Massive Excess Housing Inventory

http://www.zillow.com/bend-or-97701/home-values/

 
Comment by Raymond K Hessel
2016-03-20 05:48:10

Black Trump supporters don’t much appreciate Soros Bot SJWs putting on Klan masks and accusing them of being racists.

http://www.businessinsider.com/protester-video-donald-trump-punched-kicked-2016-3

Comment by palmetto
2016-03-20 06:13:57

Yeah, that was totally surreal. This is the sort of thing that makes the media’s collective heads explode, because it doesn’t fit the “narrative”.

Comment by SnakePlisken
2016-03-20 07:18:42

Over and over Trump is running an ad in Phoenix with a black football player kid who was killed by an illegal alien and showing the kid’s dad endorsing Trump. I think the dad was the black guy evident in some of the photos of the rally stage area with sheriff Joe and Jan Brewer.

Hillary is running the ad with the young Hispanic girl worried about her parents being deported.

Comment by palmetto
2016-03-20 09:13:49

The violence against American citizens by illegals is way more than people know. They think these are “isolated incidents”. I lived just up the street, at the time, from where this tragic incident happened. It all began with “a scream in an alley”.

http://www.tampabay.com/news/courts/criminal/apollo-beach-rape-case-began-with-a-scream-in-an-alley/1147507

I don’t think this one ever hit the national media. Although it was widely reported on locally, the media suppressed details. I’ll never forget, on the news, one reporter “interviewed” the girlfriend and mother of the child of the chief rapist, not showing her face or saying where she lived, other than to say she lived in Ruskin.

They did show the b*tch knotting her hands in her lap and interpreted her comments (said in Spanish) about what a great father the chief rapist was. She should have been run out of town on a rail, for giving the guy shelter.

Think of what those poor women went through and what they’ve had to do to put their lives back together. And also think of the expense, the costs of the legal system, of incarcerating the three rapists, the costs of raising one of their anchor babies. And that’s just one incident, not well known to the outside world.

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Comment by palmetto
2016-03-20 10:55:41

Well, well, well, what have we here? Gang rape by illegals in Massachusetts, just the other day. Two of them had been previously deported back to Guatemala.

http://www.bostonherald.com/news/local_coverage/2016/03/illegals_held_in_vicious_framingham_rape

“In the Framingham case, the victim’s boyfriend was beaten while his girlfriend was held down on a bed and raped Sunday evening, authorities say.

The still-shaken boyfriend told the Herald yesterday that he and his girlfriend have not yet come to terms with the horrific assault.

“I thought we were going to die. I really did. And I didn’t care if I died as long as I could save her and get her out of there, that’s all I cared about,” said the 
boyfriend, whose name the Herald is withholding.

“I’ve lived (in Framingham) my whole life and I never imagined anything like this could happen just walking down the street,” he said. “The worst part was I felt like I couldn’t do anything.”

And some people call Trump “vulgar”.

 
 
 
 
Comment by SnakePlisken
2016-03-20 06:50:10

Trumps going to get a much larger percentage of that demographic than any other R. He’s about jobs and stopping illegals.

Comment by The Central Scrutinizer
2016-03-20 09:08:59

He’s about making a sale. All the other is just what middle class poors want to hear. It’s hopeium.

Comment by SnakePlisken
2016-03-20 09:50:04

I’ll take the chance he’s lying versus people I know absolutely 100 percent are certainly lying and who have been telling the same lies for 30 years.

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Comment by The Central Scrutinizer
2016-03-20 10:25:50

Chance? Ok, I’ll grant, the man is not a puppet of the .1%… But he doesn’t need a puppet because he IS the 1%.

He’s saving you money by bringing you bullshit direct!

Operators are standing by, call now!

 
Comment by SnakePlisken
2016-03-20 11:37:24

Jeb! Little Marco, the Lyon, and their billionaire establishment puppet masters have spent hundreds of millions trying to stop him. That counts for quite a lot in my book.

 
Comment by palmetto
2016-03-20 12:27:01

“the man is not a puppet of the .1%… But he doesn’t need a puppet because he IS the 1%.”

I think many of the founders, though not all, were part of the 1% of their day. They put their fortunes on the line, but they needed the support of the motley crew to pull a fast one on old George III and the 1% across the pond. They got that support and in return, made some pretty nice concessions to the motley crew. Mighty white of them, considering the crew did most of the fighting and dying. But at least they got something in return.

There ARE 1%ers who don’t mind sharing, and in fact realize that if they take care of the people, the people will take of them. One of the best was Elizabeth I of England. It has happened. Know your Western Civ.

Personally, I think the 1% actually ought to do a little more public service than they do. In terms of political campaigns, they should either be strictly financed out of public funds only, or entirely self-financed as Trump is doing. None of this donor stuff.

 
Comment by The Central Scrutinizer
2016-03-20 13:20:47

The founder’s .1% is quite different from the modern one, wouldn’t you say?

You really can’t put Trump on a level with Jefferson and Franklyn, now can you?

 
Comment by palmetto
2016-03-20 15:22:04

“The founder’s .1% is quite different from the modern one, wouldn’t you say?”

yeah. Instead of Twitter, they had Paul Revere.

 
Comment by palmetto
2016-03-20 18:05:32

Speaking of Paul Revere:

https://www.youtube.com/watch?v=EjGb-ZYQGPA

They don’t make ‘em like that anymore.

 
 
 
 
 
Comment by Raymond K Hessel
2016-03-20 05:58:18

Goon, I think you called it. Looks like we’re in for a long hot Summer.

http://www.theburningplatform.com/2016/03/20/a-long-hot-summer-is-coming/

Comment by Goon
2016-03-20 06:25:19

The “protesters” at The Donald rally in Salt Lake City were throwing rocks at The Donald supporters.

I’m beginning to suspect that the old white dude and the black guy he sucker punched in North Carolina were both on the George Soros payroll. And I think that future specific acts of violence like this will primarily be conducted by paid actors.

As much as I’d love to discuss this all day, the dog needs to climb some mountains.

Comment by Professor Bear
2016-03-20 06:29:37

One can always speculate on absolutely zero evidence. It seems equally plausible that Trump might stage violence to capture more free media coverage.

Comment by Raymond K Hessel
2016-03-20 07:12:34

Seems you’re so intent on shilling for the oligarchy that you overlook the obvious fact that Trump supporters have every right to go to politial rallies and hear what Trump has to say without the constant threat of protests and disruptions by Soros goons. Odd how these contrived protests coincided exactly with the Sea Island confab of war party neocons and oligarchs out to protect the status quo.

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Comment by Professor Bear
2016-03-20 10:14:51

How do you know Trump doesn’t plant fake protestors to generate more free media coverage?

“There’s trouble in River City!”

 
Comment by SnakePlisken
2016-03-20 11:40:45

He didn’t plant those La Raza supporters in Phoenix. Those same paid shills show up every time someone talks about cracking down. They are out in front of Arpaios offices every day, every day for years. Also why would he pay or plant, Soros will waste his money the same as Jeb!s puppet masters.

 
Comment by Raymond K Hessel
2016-03-20 17:03:34

How do you know Trump doesn’t plant fake protestors to generate more free media coverage?

You completely discredit yourself with your own BS. The prosecution rests.

 
Comment by Professor Bear
2016-03-20 18:17:19

Ray, Talking to yourself is a symptom of serious mental health issues. Seek help immediately.

 
 
 
Comment by phony scandals
2016-03-20 06:50:08

Silencing Trump: Bill Ayers and the Fire from Below … - YouTube
http://www.youtube.com/watch?v=LIjljucvBI4 - 173k - Cached - Similar pages

Comment by SnakePlisken
2016-03-20 07:25:00

Anti-illegal immigration = racist. Yes or no?

Able to use race, ethnicity, religion or national origin as a potential negative factor in making decisions = racist. Yes or no?

Being divided by the rich oligarch plutocrats over meaningless issues like race and abortion = stupid, yes or no?

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Comment by SnakePlisken
2016-03-20 06:53:09

All these stories are ridiculous narrative crafting at its best. Trump rallies have tens of thousands of people, often 2 or 3 a day. Yesterday 20,000 in Phoenix. There’s more arrests and violence at your typical college football game.

 
Comment by phony scandals
2016-03-20 07:33:29

“As much as I’d love to discuss this all day, the dog needs to climb some mountains.”

I’m going to call that dog Ranger because the Rangers could have used him at Pointe Du Hoc.

Comment by Goon
2016-03-20 08:22:15

Where are we?

http://imgur.com/lR0xTC4

Region VIII

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Comment by phony scandals
2016-03-20 08:30:10

I thought Ranger was a Black Lab?

 
Comment by Goon
2016-03-20 11:10:31

Josie is the black lab. Bo is a Basenji. Neither of them live with me.

 
 
 
Comment by Combotechie
2016-03-20 07:40:40

“As much as I’d love to discuss this all day, the dog needs to climb some mountains.”

Dogs climbing mountains (images):

https://www.google.com/search?q=dogs+climbing+mountains&biw=1360&bih=651&source=lnms&tbm=isch&sa=X&ved=0ahUKEwjN37fxvs_LAhUE9GMKHQAOAxEQ_AUIBygC

Comment by phony scandals
2016-03-20 08:34:47

It’s an army of cliff climbing K9s!

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Comment by Combotechie
2016-03-20 09:02:45
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Comment by The Central Scrutinizer
2016-03-20 09:09:59

It wasn’t Soros… It was the lizard people!

Comment by I am yuuuge in Burma
2016-03-20 10:38:04

No they are Koch people.

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Comment by The Central Scrutinizer
2016-03-20 11:05:16

It was the Presbyterians. They secretly pull all the strings, and control the Lizard People.

 
Comment by palmetto
2016-03-20 11:49:32

Correction: Reptilians. Know your memes.

 
 
 
 
Comment by Raymond K Hessel
2016-03-20 07:07:21

“People have had enough of Beltway Conservative greedheads and frauds. The Mitt Romneys and Jebs! and other Bushes (which includes Ted Cruz and his wife, both Bushes in every way except DNA). They have flashed on to the reality that electing any of these people will mean More of The Same. More “free trade” deals that are as free as China. More Wall Street pilfering of their livelihoods to benefit “shareholder value.” More work for less pay. More wars, endlessly. Less and less freedom – all the while prattling about it and waving the flag ever more furiously.”

Comment by palmetto
2016-03-20 07:23:27

What’s really bizarre is that the R’s seem to want to re-run the Romney-Ryan ticket.

If at first you don’t succeed, fry, fry again.

Comment by palmetto
2016-03-20 08:50:16

And speaking of Ryan, he seems to be rather fond of saying “That’s not who we are!”

So what I wants ta know, why is Ryan not disavowing Dennis (Denny the Perv) Hastert and saying “That’s not who we are!”

http://www.chicagobusiness.com/article/20160316/NEWS07/160319854/hearing-in-dennis-hastert-hush-money-case-held-in-private

Why no disavowal? Why all the privacy and hush? Unless….

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Comment by MacBeth
2016-03-20 09:57:47

Ray -

Oxide’s comment from Friday (aimed at me):

And this is utter bullsh!t:

Ethics and morals always supercedes law.
Therefore, it is up to us, THE PEOPLE, to get it done.
And we will. In our heart of hearts, we know no other way.

So in our heart of hearts, it’s up to the people get … “something” … done to instill ethics… somehow… and that something can’t be laws or enforcement. So what are you going to do? Get a posse together and murder people who aren’t ethical and moral to meet your standards? Good luck with that. The victim’s families may not like your morals either. Or maybe you’ll just teach your children well — like the liberal brainwashing in those public schools? Good luck with that too.

 
 
 
Comment by Raymond K Hessel
2016-03-20 06:04:43

Odd how the early-March confab on Sea Island of war party neocons and oligarchs to subvert the democratic process and “stop Trump” has coincided with an orchestrated, well-financed wave of mob action and thuggery directed at Trump and his supporters.

http://buchanan.org/blog/sea-island-conspiracy-124936

Comment by Raymond K Hessel
2016-03-20 07:09:13

What we see at Sea Island is that, despite all their babble about bringing the blessings of “democracy” to the world’s benighted, AEI, Neocon Central, believes less in democracy than in perpetual control of the American nation by the ruling Beltway elites.

If an outsider like Trump imperils that control, democracy be damned. The elites will come together to bring him down, because, behind party ties, they are soul brothers in the pursuit of power.

Comment by Combotechie
2016-03-20 08:04:33

“The elites will come together to bring him down, because, behind party ties, they are soul brothers in the pursuit of power.”

Heads and tails of the same coin.

Comment by MacBeth
2016-03-20 10:27:54

“If an outsider like Trump imperils that control, democracy be damned. The elites will come together to bring him down, because, behind party ties, they are soul brothers in the pursuit of power.”

Nikolai Chauchescu and his communist pals got away with this sort of thing, too. Until suddenly, they didn’t.

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Comment by Oddfellow
2016-03-20 10:30:10

democracy be damned.

We’re a republic, not a democracy!

Checks and balances…

Comment by SnakePlisken
2016-03-20 12:15:55

Should the person with the most votes for an office win?

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Comment by MightyMike
2016-03-20 12:53:29

That’s an interesting idea. It would have given us President Al Gore in 2000.

 
Comment by Jake
2016-03-20 13:56:27

Too late for that Rusty.

 
Comment by Oddfellow
2016-03-20 13:58:06

Should the person with the most votes for an office win?

That would make us a democracy, which we are not. We are a republic.

 
Comment by SnakePlisken
2016-03-20 15:55:21

How are the people who manage the republic chosen if not by majority vote. You seem to be confusing a direct democracy with any democratic process at all.

And as for Al Gore, simply bringing him up affirms that you think the person with the most votes wins.

 
Comment by Oddfellow
2016-03-20 16:04:37

You seem to be confusing a direct democracy with any democratic process at all.

I’m repeating what I’ve been told many times by people who now support Drumpf: We are a republic, not a democracy.

Presidents are not elected by the popular vote, but rather by the electoral college, which sometimes goes against the popular vote.

And of course political parties, being private entities, can choose whomever they want as their candidate.

What part of this confuses you?

 
 
 
 
 
Comment by Raymond K Hessel
2016-03-20 06:13:51

Looks like foreign “investors” have finally cracked the code: with Yellen the Felon hellbent on printing away all government and (oligarch-owned) corporate debts and liabilities, the debauchery of the dollar is only going to accelerate. Therefore, what fool is going to buy US securitized debt? With all this dumping going on, who is going to finance our deficits? Yellen may be forced, kicking and screaming, to raise interest rates to make our debt (Treasuries) more attractive to investers. That of course will tank our Ponzi markets and asset bubbles.

http://www.businessinsider.com/foreign-governments-dumping-us-debt-at-record-rate-2016-3

Comment by Blue Skye
2016-03-20 08:46:30

Foreign “investors” owe debts in USD. The Fed can soak up sales of Treasuries with a keystroke.

 
 
Comment by Raymond K Hessel
2016-03-20 06:15:21

What happened to Obama campaign promises of being “the most transparent administration in history”?

http://libertyblitzkrieg.com/2016/03/18/obama-administration-denied-or-censored-information-in-77-of-foia-requests-during-2015/

Comment by The Central Scrutinizer
2016-03-20 09:11:58

Same thing that will happen to trumps promises… But y’all are giddy like schoolgirls for now.

Comment by SnakePlisken
2016-03-20 09:53:22

Probably, but for all the rest it’s certainly.

 
Comment by I am yuuuge in Burma
2016-03-20 10:39:24

That’s why I don’t get all the histrionics against Trump.

Comment by The Central Scrutinizer
2016-03-20 11:08:25

Because he’s an international embarrassment. If we ever meet aliens, he will become an interstellar… or possibly intergalactic embarrassment.

He is the .1%, about to assume direct control.

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Comment by I am yuuuge in Burma
2016-03-20 11:33:46

Because he’s an international embarrassment.

And obamba the nobel piece prize, is he not an embarrassment?

“reset” button hilary, is she the beacon of light?

“preacher boy” cruz, is he the next “moral” leader?

 
Comment by Professor Bear
2016-03-20 13:07:01

This is the election without a choice.

 
Comment by The Central Scrutinizer
2016-03-20 13:22:33

As improbable as I used to think it was, Trump manages to be an order of magnitude more embarrassing than Obama.

What comes next? How do we top this next time?

 
Comment by Oddfellow
2016-03-20 13:59:44

How do we top this next time?

President Kanye.

 
Comment by Blue Skye
2016-03-20 14:09:51

Nonsense Russ. Trump already is more respected than Obama. His wealth is not something to be embarrassed about. The wholesale corruption of the incumbents is.

 
Comment by The Selfish Hoarder
2016-03-20 14:14:52

“This is the election without a choice”

I’d rather tattoo myself than hallucinate any of those sociopaths to powerful roles that could kill all life on the planet.

Within 20 months of January 2017 there are going to be tons of regrets on HBB.

 
Comment by strawman
2016-03-20 14:26:24

Anyone pointing at Trump and crying “embarrassment” or “dignity of the office” is giving “war crimes,” “influence peddling,” “corruption,” and “the sale of justice” a free pass. It’s that simple.

 
Comment by I am yuuuge in Burma
2016-03-20 14:53:11

regrets?

Only if you vote.

 
Comment by The Central Scrutinizer
2016-03-20 16:25:12

” His wealth is not something to be embarrassed about.”

His wealth isn’t what’s embarrassing. It’s his vulgar, moronic, thin skinned, narcissistic persona. There’s having money, and there’s having money and being an asshole about it.

 
Comment by Blue Skye
2016-03-20 17:32:18

“vulgar”

This is one of the interesting things. It is caricatured in the classic series The Honeymooners. Jackie Gleason’s buddy is a sewer worker. He is crass and vulgar. You will not get an effete person to clean a sewer. We’re needing a sewer cleaned. By the way, if you knew what vulgar means, you’d get it why it is popular.

Vulgar is not a disqualification. People who know him say he is far from being a moron. Thin skinned? You must be joking. Narcissistic; well would someone who is not want to be in charge of anything? It didn’t disqualify the guy who is in office now.

 
 
 
 
 
Comment by Raymond K Hessel
2016-03-20 06:18:20

If nothing else, Trump has performed an enormous public service to America by forcing the neocons and faux Establishment “Conservatives” and RINOs to show their true colors.

http://www.theburningplatform.com/2016/03/20/conservatives-for-big-government/

Comment by MacBeth
2016-03-20 10:30:01

NeoCons = Progressives.

 
Comment by I am yuuuge in Burma
2016-03-20 10:48:14

And also exposed Faux News for what it is.

 
 
Comment by San Diego RE Bear
2016-03-20 06:21:25

4

Comment by Goon
2016-03-20 06:28:06

Gang Of Four — I Found That Essence Rare:

https://m.youtube.com/watch?v=_ibmNGpqU_Q

Comment by Raymond K Hessel
2016-03-20 07:15:24

Gap Band - You Dropped a Bomb on Me.

https://www.youtube.com/watch?v=17lkdqoLt44

 
 
Comment by SnakePlisken
2016-03-20 06:54:50

Wednesday will be 1? Is that the day Professor Bear announces his support for Hillary or Trump?

Comment by San Diego RE Bear
2016-03-20 09:11:10

LOL, if I know PB I doubt he’d give up that info so early and easily. :D

You’ll have to wait to find out more about the numbers. ;)

 
Comment by Professor Bear
2016-03-20 13:09:26

I support neither.

But I’ll keep you all posted on whom the Iowa Electronic Markets predict will win the election.

 
 
 
Comment by Raymond K Hessel
2016-03-20 06:31:07

An excellent NY Post column on what Trump really represents and why he might deserve support against a corrupt and venal Oligopoly establishment that fears and loaths him.

http://nypost.com/2016/03/19/why-its-time-for-a-trump-revolution/

Comment by Combotechie
2016-03-20 07:32:01

The Vegas odds for the Presidential election (a/o March 17):

Hillary -225
Donald +200
Bernie +1600
Kasich +1600
Cruz +2000

http://www.oddsshark.com/entertainment/us-presidential-odds-2016-futures

Comment by Obama Goons
2016-03-20 09:32:43

Hillaryous is unelectable.

Comment by I am yuuuge in Burma
2016-03-20 10:46:55

She’s the most selectable.

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Comment by Raymond K Hessel
 
Comment by palmetto
Comment by Raymond K Hessel
2016-03-20 07:32:22

That entire island is going to be one vast rennovation project once it eventually opens up to market reforms. One thing I’ll credit Obama for: taking concrete steps to normalize relations with our neighbor 90 miles off our shores. Here are some photos that show both the blight and potential of old Havana.

http://www.businessinsider.com/ordinary-life-in-havana-2015-7

 
Comment by Raymond K Hessel
2016-03-20 07:36:57

Looks like some of the big hotel chains are trying to get in on the action as well. The lack of decent lodging is a major tourist complaint.

http://www.businessinsider.com/r-starwood-signs-first-us-cuba-hotel-deal-since-1959-revolution-2016-3

Comment by SnakePlisken
2016-03-20 09:55:40

Hyman Roth is still looking for that briefcase from Michael.

 
 
 
Comment by The Selfish Hoarder
2016-03-20 07:18:00

One thing I Notice, calling This place the “People’s Republic of California” used to be a joke. I love it here but would never want a stormy relationship here. Not with the laws where ex’s can inform on you. Gradually, California has come to this point. It’s great for young people but when you built up years of living a certain way that is peaceful and harms no one, yet it’s illegal, you don’t give up that way of life just to “get laid.” But some people such as RKH think conforming to socialism is worth getting laid.

Comment by Raymond K Hessel
2016-03-20 07:26:00

Bill, don’t go conflating totally separate topics. You were talking about how your mind was always creating 24/7. I suggested it might be healthy to sometimes take a break from all that mental exertion by just clearing your mind and being in the here and now, i.e. by having sex (with a partner for once, Bill). What that has to do with “conforming to socialism” is unclear to me.

 
Comment by SnakePlisken
2016-03-20 07:27:07

He’s trying to help. Please include him in your will.

 
Comment by oxide
2016-03-20 12:08:26

when you built up years of living a certain way that is peaceful and harms no one, yet it’s illegal,

Why are you admitting this online?

Comment by The Selfish Hoarder
2016-03-20 14:10:08

Admitting what?

Comment by SnakePlisken
2016-03-20 16:00:24

Whatever you said was illegal up above

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Comment by Raymond K Hessel
2016-03-20 07:19:01

Zuckerburg, an open-borders advocate and one of the “Stop Trump” oligopoly, cravenly kow-tows to Red China’s demands that he assist authorities there in enforcing censorship and identifying dissidents.

http://www.breitbart.com/big-government/2016/03/20/facebooks-mark-zuckerberg-meets-with-chinas-propaganda-chief/

Comment by SnakePlisken
2016-03-20 09:57:36

Anyone who Facebooks is culpable.

Comment by palmetto
2016-03-20 11:06:29

And complicit.

 
 
 
Comment by Raymond K Hessel
2016-03-20 07:21:23

The Netherlands, a bastion of liberalism and multiculturalism, has embraced Fundamental Transformation with the usual suicidal zeal of leftist-run nations. Now they are reaping what they sowed.

http://www.breitbart.com/london/2016/03/20/migrant-gangs-leave-severed-head-on-amsterdam-street/

 
Comment by SnakePlisken
2016-03-20 07:39:32

We are all unbelievably spoiled, soft and weak. Being able to BS on a Sunday morning on the Internet means life is good.

If a time ever comes when strength is needed, do you still got it, or have you had it too easy, too long?

Comment by Mr. Banker
2016-03-20 07:49:28

“If a time ever comes when strength is needed, do you still got it, or have you had it too easy, too long?”

If you are a banker and if you plan things correctly then whenever the time comes when strength is needed then somebody else’s strength will be the strength that is used.

Always remember: Pukes work, bankers reap.

God’s Plan.

Comment by Raymond K Hessel
2016-03-20 08:10:05

Ah, Mr. Banker, there may be trouble afoot. Your assumption and mine that 95% of the electorate were lifelong dolts is being challenged by the rise of Trump, who is drawing support from disillusioned former Obama Zombies, McCain Mutants, and Romney Retards. An awakened, aware populace is obviously a bankster’s worst nightmare, and while most remain docile sheep, increasing anti-establishment anger does not bode well for the electorate bending over on demand in future elections as they did for you in 2008 and 2012. The Establishment is panicking…should you be, Mr. Banker?

http://www.nytimes.com/2016/03/20/opinion/sunday/will-trump-be-dumped.html

Comment by Raymond K Hessel
2016-03-20 08:13:56

How does the Oligopoly solve a problem like Trump?

http://www.acting-man.com/?p=43944

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Comment by palmetto
2016-03-20 09:33:46

Well, we sure know the Trump supporters who hiked 2-3 miles in the hot sun to get to the rally, because the roads were blocked by agitators, aren’t exactly soft and weak.

Myself, it’s a wake up call to get into better shape. I can barely manage a mile in the hot, humid, Florida summer weather.

 
 
 
 
Comment by X=GSfixr
2016-03-20 08:47:47

Sorry, but some of us have to go in to work today. Revision of plan, my airplane is coming back today instead of Wednesday.

Comment by SnakePlisken
2016-03-20 09:07:09

My condolences, but even having to work today as one off proves the point. I used to work 6-7 days a week, week in and week out for decades.

Comment by Combotechie
2016-03-20 12:19:55

“having to work today”

Being allowed to work today.

I used to call having a job as “having to work” but at one point, some time ago, I began to see the light.

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Comment by Raymond K Hessel
2016-03-20 07:40:01

Wealth inequality in crony capitalist China is reaching epic proportions. How long before screwed-over Chinese workers finally boil over?

http://www.zerohedge.com/news/2016-03-20/dont-take-public-fools-china-hides-millions-layoffs-jails-miners-protesting-unpaid-w

 
Comment by Raymond K Hessel
 
Comment by Raymond K Hessel
 
Comment by Raymond K Hessel
2016-03-20 07:53:36

Will the idiot Republicans of Arizona finally elect a senator who represents the productive middle and working classes instead of Israel’s Likud Party?

http://thehill.com/homenews/senate/273634-mccain-faces-toughest-reelection-of-his-career

Comment by SnakePlisken
2016-03-20 09:34:09

No, they will not. They will reelect MCCain as usual. It may be his “toughest reelection bid” from a demographic numbers perspective but it’s still a guaranteed win in a walk. The alternative is even worse on open borders. Arizona Ds are massive FSA.

Comment by Ben Jones
2016-03-20 09:48:51

‘The alternative is even worse on open borders’

How could you be worse than pro-amnesty as both Arizona senators are? Doesn’t this point to a broken system? Everybody in the country, and Mexico, knows how the majority of people here feel about illegal immigration. Yet both of our senators are pro-amnesty?

A while back, the state GOP censored McCain for his “disastrous liberal policies”. But his business backers and back-room strong-arming can intimidate anyone in the GOP from running against him. So this wonderful two party system gives us the choice of pro-amnesty and ‘massive FSA.’ This in a state where we have voted over and over, in referendums, against exactly both. But we can’t crack the two party dictatorship.

Comment by SnakePlisken
2016-03-20 10:02:05

Point certainly taken, but from the Barney commercials I’m watching being run over and over in Phoenix one way you can be worse is to do what he wants, “unite families” by bringing all the relatives in also. Not just amnesty for those here, amnesty for those to come, with massive encouragement to flood in.

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Comment by Raymond K Hessel
2016-03-20 07:55:35

The Oligopoly isn’t just selling out America, it’s literally selling off America.

http://www.wnd.com/2016/03/china-is-acquiring-u-s-a-one-company-at-a-time/

Comment by Combotechie
2016-03-20 08:10:06

“The Oligopoly isn’t just selling out America, it’s literally selling off America.”

… to China, who is using worthless, unbacked fiat dollars that we (collectively) sent to them by the hundreds of billions - trillions even - for a period of time that ended about ten years-or-so ago.

Comment by Combotechie
2016-03-20 08:24:16

I remember posters here (who for one reason or another have strangely gone silent) laugh about just how stupid the Chinese were for accepting huge quantities of worthless, useless, unbacked fiat pieces of paper from us in exchange for actual goods (much of it junk) and laughing at the idea that these huge quantities of worthless, useless, unbacked fiat pieces of paper were actually claims on some really and truly solid and tangible assets and that they just may at one time or another appear on the shores of the United States and Canada and other places and there just may be a time that a process of converting the ownership of these huge quantities of worthless, unpacked pieces of paper into ownership of some really valuable and nifty and actually tangible things just may ensue.

And here we are. And nobody could have seen it coming.

Comment by MightyMike
2016-03-20 10:13:14

Maybe the companies that they’re buying are also worthless. The only other explanation is that dollars have some value.

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Comment by Combotechie
2016-03-20 12:22:45

“The only other explanation is that dollars have some value.”

There sure are a lot of payday loan stores popping up everywhere for some strange and unknown and unfathomable reason.

 
 
 
 
 
Comment by Raymond K Hessel
2016-03-20 07:58:13

Frau Merkel’s CDU Quislings are belatedly realizing their zeal to carry out the Fundamental Transformation demanded by their oligarch masters is going to cause them to be swept out of power by an enraged, awakened German electorate.

http://news.yahoo.com/merkel-ally-says-germany-changed-course-refugee-crisis-141923445.html

 
Comment by X=GSfixr
2016-03-20 08:31:58

Seeing more analysis from the New York-Washington media types about how “poor white blue collar” types are supporting Trump.
And once again, they only get it partially right.

-We didn’t used to be “poor”. We were turned into the working poor by thirty years of no raises, reduction or elimination, of retirement and medical benefits, offshoring of work.

-A lot of us have a lot more education than just “high school”. Which illustrates the point that many of these jobs exported with our manufacturing base have been engineering jobs of all types.

-We watched the “suits” pay themselves lavishly, because they made the “tough” decisions………mainly of screwing the employees, while feathering their own nests with mergers/buyouts/stock repurchases.

-Many of us have jobs that are in demand worldwide. Too bad we are confined to working in the USA, because most other First World countries have this quaint notion that they should protect their skilled labor from foreign competition.

(Of course, if you are a DOD “contractor”, there has been plenty of highly paid overseas work. These contract positions have mainly been filled by senior enlisted retirees after 10-20 years in the active. Unlike the civilian world, the DOD takes care of their own.).

Barely mention is how the blue collar workforce’s job base has been exported to other countries, for political reasons (Exhibit “A”, giving access to South Korean automakers to the US market). This works especially well for Republicans, in that it strengthens their buddies running corporate multi nationals, while at the same time weakening their Union/labor/Democrat opposition.

Our so called leadership also never seems to recognize that opening our markets to unrestricted imports immediately puts our US manufactured goods at a disadvantage, because of the size of the markets, regulatory issues (and lack thereof), and exchange rates . It makes it much more cost-effective for the offshore manufacturer to set up a sales/support network in the US market, than it does for the US manufacturer to set one up in a much smaller market. And usually, the US manufacturer has to/is required to take on a local “partner”, which reduces profitability further, even if it doesn’t require a “technology transfer”.

Now, if some dumb-azz member of the wretched refuse figure this out, why couldn’t they? The answer is, they could, but didn’t care because “……we got ours……”

Comment by Raymond K Hessel
2016-03-20 09:26:03

Good post.

 
Comment by MacBeth
2016-03-20 10:17:25

“we got ours”….

Exactly right. They’re called “elitists”.

 
 
Comment by X=GSfixr
2016-03-20 08:42:22

My favorite hypocrite’s resume:

-Twenty years in the military, retired, drawing a pension.

-Twenty years in state level law enforcement, retired, drawing a state pension.

-Currently a DOD contractor, making big bucks overseas teaching Middle East despots/oligarchs police forces the latest techniques for keeping the wretched refuse under control.

-Bitches to my buddy constantly about the FSA, and government taxes/spending that are too high.

Comment by SnakePlisken
2016-03-20 10:09:30

This is certainly a very fair point, but at least this fellow gets up and goes to work and has apparently done so for his whole life. Work ethic counts for something.

Comment by MightyMike
2016-03-20 10:41:07

So he’s a hardworking hypocrite.

Comment by SnakePlisken
2016-03-20 12:32:39

Probably, but he also might be bitching about the F in the FSA being entirely unearned. This fool’s getting a big windfall he should not get, but he’s worked for most of it. Like when the cop and “safety” pensions in CA got so out of whack, jacked up to 3 percent after 20, high 3 manipulation, spiking, etc. It didn’t mean they didn’t deserve what they used to be getting.

Let’s not take the work out of the working man.

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Comment by MightyMike
2016-03-20 13:23:05

So, in your opinion, some of this guy’s income was earned and some wasn’t. In other words, some was free, in effect. That must make him part of the FSA.

 
Comment by Jake
2016-03-20 13:50:38

Irrelevant.

 
Comment by SnakePlisken
2016-03-20 16:02:37

Compared to someone who is on the dole and doesn’t work at all that guy is a model citizen.

 
 
 
Comment by I am yuuuge in Burma
2016-03-20 10:43:08

Banksters get up early and look in the computers all day, too.

Comment by Mr. Banker
2016-03-20 14:36:01

Banksters get up early and go to breakfast and then to the golf course and then maybe to the beach.

Their minions (unpaid minions if they are interns) are the ones who look at computers all day.

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Comment by I am yuuuge in Burma
2016-03-20 08:54:18

Black Man Punches, Stomps on White Trump Protester Wearing KKK Hood

Amerikka, what a Venezuela!

Comment by Raymond K Hessel
2016-03-20 09:43:36

Maybe this Soros Bot who got a righteous beat-down from a righteously enraged black man who didn’t appreciate his antics needs to find himself another occupation than Professional Agitator and Soros operative.

http://www.zerohedge.com/news/2016-03-20/meet-professional-agitator-who-was-beaten-yesterdays-trump-rally-i-was-protesting-tr

 
 
Comment by phony scandals
2016-03-20 10:16:18

I’m surprised it wasn’t higher than 60%

Poll: 60% Of Americans Don’t Trust The Mainstream Media

By MintPress News Desk | October 14, 2015

MINNEAPOLIS — A new poll asked over 1,000 Americans, in part, “How much trust and confidence do you have in the mass media … when it comes to reporting the news fully, accurately and fairly?” It turns out that less than half of respondents feel they can rely on today’s mainstream news.

Gallup released the results of their latest poll on the trustworthiness of the mainstream media last month, revealing that just four in ten of those surveyed — a random cross-section of adults from all 50 states and the District of Columbia — trust the media. Only 33 percent say they have a “fair amount” of trust in the media, and a mere 7 percent reported having a “great deal” of trust.

Comment by In Colorado
2016-03-20 12:31:31

I think the olds still trust it. They’re the only ones who still buy newspapers and watch the evening network news.

Comment by phony scandals
2016-03-20 13:13:08

“I think the olds still trust it. They’re the only ones who still buy newspapers and watch the evening network news.”

Is it that was with Telemundo also?

Comment by phony scandals
2016-03-20 13:15:22

Is it that way with Telemundo also?

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Comment by Combotechie
2016-03-20 14:38:13

Walter Cronkite was once considered the most trusted man in America.

RIP Walter. We miss you.

Comment by I am yuuuge in Burma
2016-03-20 18:07:39

Walter was a mouth piece for the US Government,

 
 
Comment by I am yuuuge in Burma
2016-03-20 18:09:09

60% sounds about right. 40% are devout dems and they pretty much agree with the propaganda.

 
 
Comment by Ol'Bubba
2016-03-20 10:21:40

Today heralds the first day of spring in the northern hemisphere.

It’s time to change the saran wrap liners on your tin foil hats.

Comment by I am yuuuge in Burma
2016-03-20 10:44:14

and vote Hilary?

 
 
Comment by Raymond K Hessel
2016-03-20 10:29:21

Hillary raking in big bucks from offshore financiers and oligarchs. Go figure.

http://thehill.com/homenews/campaign/273575-clinton-rakes-in-cash-overseas

 
Comment by Raymond K Hessel
2016-03-20 10:36:10

Goldman Sachs, whose “former” senior employees head up almost every central bank on the planet, assures us there is no conspiracy to crush the dollar; it just looks that way. Riiiiiggghttt….

http://www.zerohedge.com/news/2016-03-20/goldman-fx-head-no-central-bank-conspiracy-crush-dollar

 
Comment by Donald Trump
2016-03-20 11:17:40

THANK YOU ARIZONA! 20,000 amazing supporters! Get out and Vote Trump on Tuesday. I love you!

https://pbs.twimg.com/media/Cd71XpUUkAAaZR8.jpg

Comment by palmetto
2016-03-20 12:49:02

Who’ll take the man with the funny hair?

I will!

Comment by Jake
2016-03-20 14:47:34

Mr. Trump is a superb statesman.

Comment by The Selfish Hoarder
2016-03-20 17:10:38

You a$$clowns are no different than the Obummer worshippers. Like you, they hallucinated all sorts of things about their deity. Unlike yours, their deity became president. The percentage of voters is going to be very low compared to 2012. I think more smart people dropped out of this politics scam and decided only dweebs want to rule over others and only dweebs want to be ruled.

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Comment by Jake
2016-03-20 17:28:56

There’s going to be a president elected no matter what so prepare for it.

 
Comment by Blue Skye
2016-03-20 17:38:31

Particularly ironic. Bill is a devout follower of a prophet.

 
Comment by The Selfish Hoarder
2016-03-20 18:07:00

I don’t follow anyone. Lysander Spooner? He’s dead. Ayn Rand? She’s dead. Bastiat? He’s dead. Harry Browne? He’s dead. “a prophet,” “a follower.” I love to see collectivists calling individualists a collectivist. So ironic.

 
Comment by Blue Skye
2016-03-20 18:41:57

It’s not so black and white. You are not living as an individualist, despite your ideals. I am on the fringe of collectivism, with reservations. We both depend on some of the advantages of the collective while trying to avoid some of the disadvantages.

 
Comment by Jake
2016-03-20 18:45:25

Price. Stop interfering with price and at least half the problems go away. Probably more.

 
 
 
 
 
Comment by Raymond K Hessel
2016-03-20 11:26:28

Ted Cruz assembling the same Israel-first neocons who gave us the Iraq debacle to direct his foreign policy. Go figure.

http://www.breitbart.com/big-government/2016/03/19/ted-cruz-announces-national-security-team-including-frank-gaffney-michael-ledeen-elliott-abrams/

 
Comment by Senior Housing Analyst
2016-03-20 11:31:51

Saint Simons Island, GA Housing Prices Crater 5% YoY As Coastal/Vacation Housing Demand Collapses

http://www.zillow.com/market-report/03-16/29611/saint-simons-island-ga.xls?rt=14

 
Comment by Red Pill
2016-03-20 12:08:58

Blockades and Semi-Violent Disruptions

https://www.lewrockwell.com/political-theatre/blockades-semi-violent-disruptions/

Writes Mike Holmes:

“In reading and watching the recent anti-Trump blockades and semi-violent disruptions it seems obvious that this highly organized movement is explicitly calling for violating candidate Trump’s protected civil rights to assemble and speak before his supporters.”

“As a libertarian I’m all for protest and dissent. However that doesn’t include preventing people with whom we disagree from speaking to or assembling their supporters or fans. Legitimate protest/dissent doesn’t including shutting up the other side by force or threats of force.”

Comment by Raymond K Hessel
2016-03-20 14:16:05

“As a libertarian I’m all for protest and dissent. However that doesn’t include preventing people with whom we disagree from speaking to or assembling their supporters or fans.

And that, my friends, is what separates the real libertarians from the imposters and self-described “anarchists” who are just fine with thugs trying to shut down Donald Trump’s right to address his supporters in accordance with the Constitution, the law, and the fundamental principles of a democratic Republic.

 
Comment by The Central Scrutinizer
2016-03-20 17:46:17

The protesters are as moronic as the trump supporters. They aren’t doing anything but getting him more media. I wouldn’t be surprised if he hired them himself…. just like the ’supporters’ that were on hand when he announced he was running.

 
 
Comment by Red Pill
2016-03-20 12:52:28

NYC: Leftist and Muslim anti-Trump protesters battle cops, scream “f–k the police!”

http://www.jihadwatch.org/2016/03/nyc-leftist-and-muslim-anti-trump-protesters-battle-cops-scream-f-k-the-police

“Even those who, like me, aren’t supporters of Trump, should see what is at stake here. Everywhere Leftist protesters occupy the streets, those whose opinions are deemed insufficiently progressive are abused, mocked, ridiculed, brutalized and physically menaced. This lawlessness is rapidly becoming the norm. The American public square is being transformed beyond recognition and is ceasing to be an arena for free discourse.”

 
Comment by Professor Bear
2016-03-20 13:05:54

Anklepants
Canklelpants
Dumidol Fanger
Meltdown
“Donald Trump”
Yuuuge in Burma
SnakePlisken

Have I missed any of the schizoid Trump troll’s blog names?

Comment by Oddfellow
2016-03-20 14:06:43

Hire one guy who pretends to be eight guys. Drumpf likes a bargain!

 
Comment by The Selfish Hoarder
2016-03-20 14:06:53

Jane.
10feet

 
Comment by Jake
2016-03-20 14:13:56

Every last one of the those names are mine.

Comment by I am yuuuge in Burma
2016-03-20 18:05:59

Liar liar pants on fire.

Comment by Mafia Blocks
2016-03-20 18:12:44

There goes Jake talking to himself again.

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Comment by I am yuuuge in Burma
2016-03-20 18:30:32

Bring back Exeter!

 
Comment by Jake
2016-03-20 18:40:45

Don’t forget Eddie.

 
 
 
 
 
Comment by phony scandals
2016-03-20 13:52:15

Man, this chick ripped her Klan cap off pretty damn quick after the black Trump supporter opened a can of whoop @ss and removed the one her Soros sponsored boyfriend was wearing.

Black Trump Supporter - Stomps Anti-Trump Protester In KKK Hood …
http://www.youtube.com/watch?v=yX5CuPWbMCY - 262k - Cached - Similar pages
20 hours ago ..

Comment by The Central Scrutinizer
2016-03-20 17:38:53

Soros is hiding in your toilet bowl, waiting to grab you by the but and pull you into the sewers.

Comment by Jake
2016-03-20 17:51:17

There’s an even bigger monster down there. Mr. Falling Prices is underneath the sewer.

 
Comment by Raymond K Hessel
2016-03-20 17:53:08

No, he’s just busily bankrolling “spontaneous protests” and mob violence against Trump, and making massive donations to pro-Hillary PACs.

http://www.thegatewaypundit.com/2016/03/lead-activist-who-shut-down-hwy-to-trump-rally-is-soros-fellow-from-new-orleans/

Comment by phony scandals
2016-03-20 21:33:15

Alinsky’s Rules For Radicals

11. “If you push a negative hard enough, it will push through and become a positive.” Violence from the other side can win the public to your side because the public sympathizes with the underdog.

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Comment by palmetto
2016-03-20 17:58:04

Jabba the But?

 
 
 
Comment by Raymond K Hessel
2016-03-20 17:40:15
 
Comment by AbsoluteBeginner
2016-03-20 17:54:35

Trump wants to invade Mexico.

Comment by I am yuuuge in Burma
2016-03-20 18:00:47

He has clearly invaded & conquered your skull.

Comment by Professor Bear
2016-03-20 18:21:30

And yours…and yours and your and yours…

Comment by Raymond K Hessel
2016-03-20 19:18:12

Not this sh*t again…grow up.

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Comment by Jake
2016-03-20 19:30:01

http://goo.gl/5iWQff

Mr. Trump has his feet up relaxing.

Comment by I am yuuuge in Burma
2016-03-20 19:36:44

Is that Pro? Ugly looking mofo.

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Comment by Goon
2016-03-20 18:17:35

Some more weirdos from New York City

Television — Marquee Moon album:

https://www.youtube.com/watch?v=WfO9lpbbW_4

Comment by Goon
2016-03-20 18:36:33

Fast-forward to 12:45 to hear the goods

Comment by Goon
2016-03-20 18:46:47

And right at 21:30, when it all comes back together…

 
 
 
Comment by Professor Bear
2016-03-20 22:45:23

Will Drumpf encourage his rabid followers to riot if he is denied the Republican coronation?

Comment by Professor Bear
2016-03-20 22:48:03

MarketWatch dot com
The Wall Street Journal
RNC chairman ready for convention fight over Donald Trump
By Josh Mitchell and Byron Tau
Published: Mar 20, 2016 8:03 p.m. ET
‘We’re preparing for that possibility,’ Reince Priebus says
Getty Images
Donald Trump speaks during a campaign rally Saturday in Fountain Hills, Arizona.

The head of the Republican National Committee braced the party faithful Sunday for what could be the first contested nominating convention in generations, suggesting increasing odds of a showdown this summer over Donald Trump’s candidacy.

While Trump has a big lead in convention delegates, many party elders and strategists, alarmed over his ascent, are redoubling efforts to deny him the nomination. At the least, they are seeking to force a battle at the July convention in Cleveland. In multiple television interviews Sunday, Reince Priebus, chairman of the RNC, raised the prospect of a protracted convention fight with multiple rounds of voting needed to determine the winner.

“We’re preparing for that possibility,” Priebus said on ABC. That marks a shift from earlier this month, when Priebus told a gathering of conservatives that a contested convention was “highly, highly unlikely.”

The GOP chairman acknowledged a convention fight could lead to the selection of a nominee who fell well short in the primary voting, but he stressed there is “nothing nefarious” about that. Trump has warned against efforts to deny him the nomination.

Priebus’ efforts to tamp down unease over a convention fight come as the campaign moves into a much slower and more grueling phase. Voters will weigh in Tuesday in Arizona and Utah, and on April 5 in Wisconsin, but then the campaign will wait two weeks until the New York primary.

 
Comment by Professor Bear
2016-03-20 23:27:56

National Review
Trump’s ‘Riot’ Comments Disqualify Him from the Presidency
by Heather Mac Donald
March 18, 2016 12:12 PM

Imagine if Senator Barack Obama, facing a possible presidential convention battle, had warned that if he didn’t get the nomination: “I think you’d have riots.” Then, to be statesmanlike and magnanimous, he added: “I wouldn’t lead it but I think bad things would happen.”

Conservatives would have exploded in justified indignation at this threat of civil violence, which they would inevitably understand as carrying a racial subtext. Even Al Sharpton has never been so shameless as to warn explicitly that if, say, this or that cop isn’t indicted or convicted there would be riots. Instead, the riot threat from Sharpton and other black activists remains merely implicit in the “No Justice, No Peace” agitation.

So what is the difference when Trump overtly threatens riots? His supporters, both in the grass roots and the commentariat, have ignored or brushed off his reckless warning. Is it because white people don’t riot? Actually, they occasionally do, as the intermittent store-smashing during the “No Global” protests of the 2000s showed. To be sure, industrial-strength riots over the last year and a half and over the last four decades were overwhelmingly black. And the professional white anarchists who vandalize Starbucks and McDonald’s outlets during anti-globalization rallies are a very different demographic than Trump’s supporters.

Nevertheless, don’t assume that given enough encouragement, working-class Trump backers can’t be worked up into some Bacchanalian violence themselves. And while such self-indulgent tantrums may not reach the same scale as the recent rioting in Baltimore, Ferguson, and Oakland, they would be just as corrosive an attack on civil order.

Faced with each latest example of Trump’s megalomaniacal boorishness and appalling manners, his supporters inevitably claim: Oh, the Left is so much worse. That is not always the case. Trump has achieved a level of vicious, personal invective, and wildly irresponsible public pronouncements that is unprecedented in recent memory. And I speak as someone who supports his immigration positions 100 percent and who takes a fiendish delight in his scourging of the Republican establishment and its open-borders ideology. But some things are more important than a stated willingness to enforce the immigration laws (especially when an alternative candidate exists who is equally committed to immigration enforcement), and the maintenance of civilized society is one of them.

Ironically, Trump occasionally positions himself as the law-and-order candidate. But his recent threat of riots disqualifies him from that position and shows him to be clueless about the fragility of civil order and the profound responsibilities of a leader for maintaining that order. His self-indulgent, undisciplined pronouncements should disqualify him from the presidency as well.

 
 
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