February 23, 2010

BLS: "Mass" (at least 50) layoff events SURGED in January
— Purple Avenger

ZeroHedge has the scoop and some very scary looking trend charts

Gosh, I wonder why consumer confidence unexpectedly plunged recently? Normally, I'd blame it on the introduction of some crap product like New Coke, a Tylenol cyanide scare, etc, but today I got nothing. The recovery is cruising along nicely, the deficit is well under control, gas prices are expected to spike over $3/gal by summer, and Obama want to glom your 401K assets and turn it into a government paid annuity.

What's not to like? Its all good. GOOD. Mass layoffs just seem kinda anti-state, counter-revolutionary. Perhaps some nice show trials will lift our mood? Everyone like show trials, right?

Posted by: Purple Avenger at 01:21 PM | Comments (294)
Post contains 131 words, total size 1 kb.

1

Iskandar!

Posted by: This is lolboner at February 23, 2010 01:24 PM (jVldi)

2

Everyone like show trials, right?

Not if you are the star turn.

Posted by: Mikey NTH at February 23, 2010 01:24 PM (nlRuk)

3 oops.

Posted by: toby928 at February 23, 2010 01:25 PM (PD1tk)

4 Story under the mass layoff story at ZeroHedge:

FDIC Hits Record  "Default" Level as Deposit Insurance Fund Plunges by $12.7 Billion to NEGATIVE 20.9 Billion.

ZeroHedge is scary.

Can someone hold me?


Posted by: shibumi at February 23, 2010 01:26 PM (OKZrE)

5 What, you aren't happy with all of the funployment I am giving you people? You ungrateful teabaggers!

Posted by: Barack "Unexpected" Obama at February 23, 2010 01:26 PM (7BU4a)

6 Is it cash-under-the-mattress time?

Posted by: HeatherRadish at February 23, 2010 01:27 PM (mR7mk)

7 Unexpected!

Posted by: Kevin at February 23, 2010 01:27 PM (FDaFm)

8 6 Is it cash-under-the-mattress time?

Yes. And cash-under-the-mattresses cousin, buy-more-ammo-NOW is in town as well.

Posted by: shibumi at February 23, 2010 01:27 PM (OKZrE)

9 New Coke and Obama are America's two greatest mistakes.  At least they remedied the first one quickly.

Posted by: dfbaskwill at February 23, 2010 01:28 PM (ndlFj)

10 Is there ever a bad time to buy more ammo?

Posted by: HeatherRadish at February 23, 2010 01:28 PM (mR7mk)

11 Is it cash-under-the-mattress time?

Gold!

Posted by: G. Gordon Liddy at February 23, 2010 01:28 PM (PD1tk)

12 Yeah, good ol' dependable ZeroHedge... the Internet's cure for constipation.

Posted by: Zimriel at February 23, 2010 01:29 PM (6fNLN)

13 There's not going to be any of that ghey singin' and dancin' in these show trials, are there?

Posted by: J. Random at February 23, 2010 01:30 PM (Jnxue)

14
I was just thinking about how gas prices have been relatively stable for over a year now. I think it has been Obama's saving grace; if gas prices were higher right now Obama's numbers would be a lot lower.

Conversely, you cannot ignore the fact prices have been stable and relatively low during Obama's presidency and during most of the time after the Democrats took control again in 2007.

It really doensn't matter that Nancy Pelosi, Harry Reid, and Obama have nothing to do with price of gasoline, the people will credit them. It's an association thing.

Posted by: This is lolboner at February 23, 2010 01:30 PM (jVldi)

15 Ammo.  You can't shoot gold.  Well, you could, but lead is more cost effective in these trying times.

Posted by: MarkD at February 23, 2010 01:31 PM (0FVgz)

16 Wait till Toyota gets pissed off enough at the dumb pricks in Congress to shitcan 100,000 a pop.

Posted by: TexasJew at February 23, 2010 01:32 PM (W/00U)

17 But..but...but...Obama and Governator Arnie see GREEN SHOOTS all over!

Posted by: GarandFan at February 23, 2010 01:32 PM (6mwMs)

18 You rich guys with your mattresses and ammo.

Posted by: Cicero at February 23, 2010 01:32 PM (QKKT0)

19 I was just thinking about how gas prices have been relatively stable for over a year now.

In the Midwest, they seem to be up 25-30% since this week last year.

Posted by: HeatherRadish at February 23, 2010 01:33 PM (mR7mk)

20
UNPRECEDENTED!

Posted by: Dang Straights at February 23, 2010 01:33 PM (fx8sm)

21 15 You can't shoot gold. 

Posted by: MarkD at February 23, 2010 05:31 PM (0FVgz)

 I beg to differ

Posted by: The Were Rabbit at February 23, 2010 01:34 PM (W/00U)

22
I said relatively, Radish.

Don't bust me balls.

Posted by: This is lolboner at February 23, 2010 01:34 PM (jVldi)

23 That Keynesian voodoo shit is about to kick in. Trust me.

Posted by: Darth Nihilus69 at February 23, 2010 01:34 PM (GfYt/)

24 I was just thinking about how gas prices have been relatively stable for over a year now.

Global economic crash brought decreased demand.

I think it has been Obama's saving grace; if gas prices were higher right now Obama's numbers would be a lot lower.

It's one thing to bitch about high gas prices as you fill-up on your way to work.  It's quite another thing when you don't have a job to drive to.

Posted by: MikeO at February 23, 2010 01:34 PM (lBmZl)

25 The beatings will continue until morale improves!

Posted by: Buzzsaw at February 23, 2010 01:35 PM (tf9Ne)

26

(Loud old-man fart)

That's the sound of real money!

Posted by: G. Gordon Liddy at February 23, 2010 01:36 PM (W/00U)

27 But but but... unemployment is down! The happy man on the wide screen told me so! This crap ain't over, not by a very long shot from an Enfield rifle. When will the lamestream media have to report the real extent of our distress? Oh yeah, never. Not until a Repub is in the WH.

Posted by: George Orwell at February 23, 2010 01:36 PM (AZGON)

28 What's funny is the actor that played Boner from Family Ties is missing right now. So u guess the name lolboner is apt.

Posted by: Mr Pink at February 23, 2010 01:37 PM (PzsnP)

29 It really doensn't matter that Nancy Pelosi, Harry Reid, and Obama have nothing to do with price of gasoline, the people will credit them.

They were in charge when it hit $4.10/g. so history is probably a wash.

January 4th 2007:  The day Pelosi became Speaker of the Democratically controlled 110th Congress

DJIA end of session:  12,800.18
National unemployment rate for December 2006:  4.5%
2006 Federal Budget Deficit:  $247.7 billion
Average GDP growth for 2006:   3.4%
Median Home Value in December 2006: $244,700   August 2009 $177,500
Average price for Regular Unleaded Gasoline December 2006:  $2.30
Federal Debt as % of GDP  2006:  64.55  2008:  70.00  2009(projected):  90.36
Nonfarm employment in thousands   Dec 2006:  137,000   September 2009:  130,947

Posted by: toby928 at February 23, 2010 01:37 PM (PD1tk)

30
Wait till Toyota gets pissed off enough at the dumb pricks in Congress to shitcan 100,000 a pop.

You are not even f*cking kidding, TJ.   I would almost feel bad for Toyota, but they market that POS prius, so eff them too.

Posted by: Dang Straights at February 23, 2010 01:37 PM (fx8sm)

31
It's one thing to bitch about high gas prices as you fill-up on your way to work.  It's quite another thing when you don't have a job to drive to.

Indeed. Let me put it this way: At the very least, gas prices are not one of the things for which people will hate Obama. In that sense Obama is a lucky mo-fo.

Posted by: This is lolboner at February 23, 2010 01:37 PM (jVldi)

32 All those Krugerrands are making my futon lumpy.

Posted by: TexasJew at February 23, 2010 01:37 PM (W/00U)

33
Stop poking fucking holes in my thesis, you bastards!

Posted by: This is lolboner at February 23, 2010 01:38 PM (jVldi)

34 Posted by: toby928 at February 23, 2010 05:37 PM (PD1tk) My friend, you cannot repeat those statistics enough. They should be a major weapon in November this year.

Posted by: George Orwell at February 23, 2010 01:38 PM (AZGON)

35 Unexpected mass layoffs in January?

And just when do these geniuses think mass layoffs happen?  Good grief.  The private sector is a complete mystery to everyone in the Obama administration.  Hell, some of them aren't even aware that it exists, apparently. 

Just shoot me now.

Posted by: SlaveDog at February 23, 2010 01:38 PM (H6Jyg)

36 It's one thing to bitch about high gas prices as you fill-up on your way to work.  It's quite another thing when you don't have a job to drive to.


There used to be endless media shrieking about gas prices everytime it went up a dime, back in the bad old days before Obama brought hope.  One week last fall it went up a quarter and there was nothing.  Probably contributes to the appearance of stability.

Posted by: HeatherRadish at February 23, 2010 01:38 PM (mR7mk)

37 On top of ZeroHedge, they're wondering if the Federal Reserve has been buying Greek government bonds. (Or Spanish, Portuguese, Irish, ...)

I, uh, hope not.

Posted by: Zimriel at February 23, 2010 01:39 PM (6fNLN)

38 Is it cash-under-the-mattress time?

You still have a mattress comrade? 

Posted by: Purple Avenger at February 23, 2010 01:39 PM (/jtv1)

39

There is some very good news.


You get to keep your Doctor.

Posted by: gus at February 23, 2010 01:40 PM (Vqruj)

40 My state is trying to increase gas taxes because people are driving more fuel efficient cars and thus cheating the nobility out of their prima noctae.

Posted by: Flavius Julius at February 23, 2010 01:40 PM (NLZLH)

41 39

There is some very good news.

You get to keep your Doctor.

Posted by: gus at February 23, 2010 05:40 PM (Vqruj)

I'd rather keep my Doctor's hot nurse.

Posted by: TexasJew at February 23, 2010 01:41 PM (W/00U)

42
My friend, you cannot repeat those statistics enough.

haha, it's like 200th time he's done it!

They should be a major weapon in November this year.

hahahaha, again! Do you really think the Republicans will ask, "Are you better off now than you were two years ago?"


Posted by: This is lolboner at February 23, 2010 01:41 PM (jVldi)

43

This does not alram me as the mass layoffs were apparently not unexpected.

Posted by: Circa (Insert Year Here) at February 23, 2010 01:41 PM (B+qrE)

44 You still have a mattress comrade?

It's the blow-up kind, and it leaks.  Don't ever be a migrant worker.

Posted by: HeatherRadish at February 23, 2010 01:41 PM (mR7mk)

45

From an email I received earlier this week from the Communications Workers of America:

The Whirlpool Corp. is closing a refrigerator manufacturing plant in Evansville, Ind., putting more than 1,100 IUE-CWA members out of work. Even worse, Whirlpool will continue to produce these refrigerators, but not in Evansville and not anywhere else in America. They are planning to manufacture them in Mexico, where weaker labor and environmental laws make them “cheaper” for Whirlpool to produce.

 

Hope all those CWA workers are happy with their guy Obama in the White House. 

Posted by: Boots at February 23, 2010 01:42 PM (06JTY)

46 So what if u marry the town whore or fat pig, can u cheat them out that way?

Posted by: Mr Pink at February 23, 2010 01:42 PM (PzsnP)

47

"alram"

ok--I think I'm done for the day.

Posted by: Circa (Insert Year Here) at February 23, 2010 01:42 PM (B+qrE)

48 I actually think all the talk of armed insurrections could come true if the morons who think the government is the true keeper of all wealth really try to seize 401k assets.  My pie may only be 2/3 the size it was 5 years ago, but it's still my f-ing pie.

Posted by: rockhead at February 23, 2010 01:42 PM (RykTt)

49
ahh, you mean all those "Pain at the pump" stories we suffered through during the Bush years?

This is the Age of Funfuckingemployment, Radish. Shit's different now.

Posted by: This is lolboner at February 23, 2010 01:43 PM (jVldi)

50 haha, it's like 200th time he's done it!

I drives the trolls mad.  The numbers are what the numbers are.

I need to update though.  Some things are slightly better, most are worse.  Home values are still falling.

Posted by: toby928 at February 23, 2010 01:43 PM (PD1tk)

51 they're wondering if the Federal Reserve has been buying Greek government bonds.

The Greeks are in great shape.  The got a bunch of bitchin islands they can sell off if they really get pressed hard. 

Posted by: Purple Avenger at February 23, 2010 01:43 PM (/jtv1)

52 they're wondering if the Federal Reserve has been buying Greek government bonds. (Or Spanish, Portuguese, Irish, ...) I, uh, hope not. I hate to tell you, but the Fed has been, for a long time now, buying back lousy FNMA and FMAC toxic agency bonds from foreign central banks in a swap deal so those same foreign central banks could turn around and buy Treasury bonds. It's a game to hide outright monetizing of the debt. See "chris martenson seeking alpha monetizing debt"

Posted by: George Orwell at February 23, 2010 01:43 PM (AZGON)

53 This is the Age of Funfuckingemployment, Radish. Shit's different now.

And I'm still working like a chump.  Sigh.


Posted by: HeatherRadish at February 23, 2010 01:45 PM (mR7mk)

54 hahahaha, again! Do you really think the Republicans will ask, "Are you better off now than you were two years ago?" I sense sarcasm... Honestly, how could the GOP not ask that question? Are they really that blind? I'm afraid of the answer...

Posted by: George Orwell at February 23, 2010 01:45 PM (AZGON)

55 The got a bunch of bitchin islands they can sell off if they really get pressed hard.

Word.  I'd like to be the king of Ithaca.

Posted by: toby928 at February 23, 2010 01:46 PM (PD1tk)

56 Mexico has weaker laws, period. I'm sure the Whirlpool company will really enjoy having to pay off the local El Guapo every week in order to get anything done. Not to mention all the equipment going missing, the best employees getting shot by drug lords, etc.

Posted by: Zimriel at February 23, 2010 01:46 PM (6fNLN)

57 My pie may only be 2/3 the size it was 5 years ago, but it's still my f-ing pie.

About 10 years in mental institution cures people of that delusion comrade. 

Posted by: Purple Avenger at February 23, 2010 01:46 PM (/jtv1)

58 I thought Ithaca was in New York?

Posted by: Flavius Julius at February 23, 2010 01:47 PM (NLZLH)

59

"they're wondering if the Federal Reserve has been buying Greek government bonds.

The Greeks are in great shape.  The got a bunch of bitchin islands they can sell off if they really get pressed hard. "

 

What am I bid for the Isle of Lesbos?

Posted by: TheThinMan at February 23, 2010 01:47 PM (W3XUk)

60
Hope all those CWA workers are happy with their guy Obama in the White House. 

Lazy ratfuck bastards won't come fix my phone line, been more than a week and still no dsl.  I know a guy (not well) that works for SBC/ATT locally, he brags about parking the van and going to sleep and going home at 3pm.  Piece of shit.

Posted by: Dang Straights at February 23, 2010 01:47 PM (fx8sm)

61 hahahaha, again! Do you really think the Republicans will ask, "Are you better off now than you were two years ago?"

I sense sarcasm... Honestly, how could the GOP not ask that question? Are they really that blind?

I'm afraid of the answer...

Posted by: George Orwell at February 23, 2010 05:45 PM (AZGON)

The real question is whether you are better off than you were four trillion dollars ago.

Posted by: WalrusRex at February 23, 2010 01:47 PM (xxgag)

62 What am I bid for the Isle of Lesbos? Hands off, muthafuckah.

Posted by: Amanda Marcotte at February 23, 2010 01:48 PM (AZGON)

63 Your pie is still in the lock box with our piles of Social Security bouillon.

Posted by: Flavius Julius at February 23, 2010 01:48 PM (NLZLH)

64 Heh! Exports are through the roof! WTF? Can I haz table dance?

Posted by: Darth Nihilus69 at February 23, 2010 01:48 PM (GfYt/)

65

Don't worry, guys! Communist governments have a history of self-cannibalization only a scant 100% of the time!

Why, with statistics like that, how can we lose? We're American, and last time I checked, Americans are made of rainbows! The gay kinds!

Yaaaaaayyy! =^-^=

Posted by: William at February 23, 2010 01:48 PM (77TeU)

66 48 I actually think all the talk of armed insurrections could come true if the morons who think the government is the true keeper of all wealth really try to seize 401k assets.  My pie may only be 2/3 the size it was 5 years ago, but it's still my f-ing pie.

Posted by: rockhead at February 23, 2010 05:42 PM (RykTt)

I drink 2/3 of your pie!

Posted by: TexasJew at February 23, 2010 01:49 PM (W/00U)

67 The real question is whether you are better off than you were four trillion dollars ago. Actually, WRex, that is freaking brilliant. It combines the comparison of prosperity at different times with Demotards' absurd spending binge. Well played.

Posted by: Amanda Marcotte at February 23, 2010 01:49 PM (AZGON)

68 67 effing retard sock

Posted by: George Orwell at February 23, 2010 01:50 PM (AZGON)

69 It literally would have been cheaper for the Federal Government to hire all the unemployed then to pass the stimulus package.

Posted by: Flavius Julius at February 23, 2010 01:50 PM (NLZLH)

70
The real question is whether you are better off than you were four trillion dollars ago.

That's really, really good.  Send that shit to Breitbart and anyone else who can blast it as a message.

Posted by: Dang Straights at February 23, 2010 01:50 PM (fx8sm)

71 On top of ZeroHedge, they're wondering if the Federal Reserve has been buying Greek government bonds.

Can anyone tell?  It's supposed to be a secret.

I wonder what Morgan thinks about free bank holding status for Government Sachs.  I bet they just fucking love that gift.

Posted by: wtfci at February 23, 2010 01:51 PM (+zo63)

72 70 yes, please

Posted by: George Orwell at February 23, 2010 01:51 PM (AZGON)

73 Allow us to explain...it's the rebirth of last Spring's fantastic, fUnemployment!...only now it's Mass fUnemployment!...Back, better than ever, for Spring 2010!

Posted by: Main Stream Media at February 23, 2010 01:51 PM (5qJM5)

74 A new proposal by House Republicans, lead by Rep. Scott Garrett (R., N.J.), is seeking to address changes to Fannie and Freddie accounting, along the lines of what has been previously proposed by Zero Hedge, and to not only include the GSE's losses as part of the Federal budget, but to also count the debt from the two mortgage zombies toward the nation's total statutory debt limit.

Hey if they were so pissed because Bush didn't count the cost of the war, they should be willing to do this right?   Right?

Posted by: rockhead at February 23, 2010 01:52 PM (RykTt)

75 Everyone like show trials, right?

I hate show trials. It's the gratuitous executions that I get a kick out of.

Posted by: progressoverpeace at February 23, 2010 01:52 PM (A46hP)

76
holy shit, speaking of selling islands...

Did you that our Congress just decided to purchase a $50m piece of property on some island in the Carribbean or the Bahamas, I forgot which?

They bought it to keep it as conservation land and keep it away from developers.

Posted by: This is lolboner at February 23, 2010 01:52 PM (jVldi)

77 I'm sure the Whirlpool company will really enjoy having to pay off the local El Guapo every week in order to get anything done. Not to mention all the equipment going missing

Last year, I looked at a warehouse full of semiconductor fab gear and industrial lasers for sale that had been in use down in El Salvador and the Dominican Republic.  The wiring/controls on it was all messed up and that shit had been rode HARD and put away wet way too long. 

I told the guy trying to sell the junk he needed to sell it by the pound.

Posted by: Purple Avenger at February 23, 2010 01:52 PM (/jtv1)

78 Gweek? I wuv Gweek.

Posted by: Bwarney Fwank at February 23, 2010 01:53 PM (NLZLH)

79 Everyone like show trials, right? With fabulous costumes, and edgy choreography!

Posted by: andi sullivan (LGBT) at February 23, 2010 01:53 PM (AZGON)

80 I'm sure the Whirlpool company will really enjoy having to pay off the local El Guapo every week in order to get anything done. Not to mention all the equipment going missing, the best employees getting shot by drug lords, etc.

Guy.  They're probably already doing that.  FARC with me.

Posted by: Del Monte Foods at February 23, 2010 01:53 PM (+zo63)

81
Everyone like show trials, right?

Are you kidding?  Show Trials is the best show on the planet! 

Posted by: Dang Straights at February 23, 2010 01:54 PM (fx8sm)

82 Hell, I thought Ithaca was a firearms manufacturer.

Posted by: Gmac at February 23, 2010 01:56 PM (k2Fyd)

83 You know what we need now? More left-wing snark about how smart they are.

Posted by: joeindc44 at February 23, 2010 01:56 PM (QxSug)

84 59 What am I bid for the Isle of Lesbos?

I'd prefer Thera.

A few well-placed dynamite charges and some quiet words, and I'll have most of the Lesbians building me an underground lair while the two hottest ones give me a foot rub.

Posted by: Zimriel at February 23, 2010 01:56 PM (6fNLN)

85 We have developed simpler terms.

We are intentionally fucking you.  Could you ask for anything sexier than Andy Stern on a debt commission my boss campaigned against?

You're welcome!

Posted by: Valerie Jarrett at February 23, 2010 01:58 PM (+zo63)

86 Mass layoffs are RACIST!!

Posted by: jukin at February 23, 2010 01:58 PM (vkkNZ)

87 I haven't much interest in any of the "armed insurrection" scenarios or fantasies. That stuff just won't ever happen here. With possibly two exceptions... If gubmint tries to confiscate 401(k)s, or eliminate the deduction for mortgage interest. Those two things could cause states to simply refuse to cooperate with federal tax authorities.

Posted by: George Orwell at February 23, 2010 02:00 PM (AZGON)

88 I would almost feel bad for Toyota, but they market that POS prius, so eff them too.

See, I don't get this hatred.  Toyota precision engineered history's greatest method to part moron liberals from their money aside from the Obama campaign.  It's a beautiful triumph of capitalism.

Posted by: Ian S. at February 23, 2010 02:01 PM (p05LM)

89

See, I don't get this hatred

I don't hate them.  It's more like seething indifference.

Posted by: Dang Straights at February 23, 2010 02:02 PM (fx8sm)

90 seething indifference

Nice.  I think I have that feeling about my MIL.

Posted by: toby928 at February 23, 2010 02:04 PM (PD1tk)

91 Hope all those CWA workers are happy with their guy Obama in the White House.

I know a bunch of people in NABET, which is the broadcast arm of the CWA.

And yes, they are still happy with Obama, even though about 1/3 of them in my workplace are going to be laid off in the next six months. Bush's fault you know.

/wish I was joking....

Posted by: shibumi at February 23, 2010 02:04 PM (OKZrE)

92 Toyota precision engineered history's greatest method to part moron liberals from their money aside from the Obama campaign.

Don't we subsidize the sale of hybrids?  If so, it ain't so sweet from my POV.

Posted by: nickless at February 23, 2010 02:05 PM (MMC8r)

93
Okay time to trudge home in this frigid 43° blizzard Houston is experiencing.  Man, it hasn't been 70 and sunny outside since Sunday.  Absolutely brutal winter.

Posted by: Dang Straights at February 23, 2010 02:07 PM (fx8sm)

94 Toyota precision engineered history's greatest method to part moron liberals from their money aside from the Obama campaign.  It's a beautiful triumph of capitalism.

You know, they didn't have to make the Prius that ugly. But they did. And libtards look absolutely idiotic driving in it.

Thanks Toyota!

Posted by: shibumi at February 23, 2010 02:07 PM (OKZrE)

95

Four of my former co-workers were laid off in January.   I was laid off in September of last year in order to avoid the New Year rush.

Posted by: huerfano at February 23, 2010 02:07 PM (gLSaO)

96 Is ZeroHedge the new name for the shrubbery outside the Oval Office?

Posted by: stuiec at February 23, 2010 02:08 PM (7AOgy)

97 Everyone like show trials, right?

With fabulous costumes, and edgy choreography!

Posted by: andi sullivan (LGBT) at February 23, 2010 05:53 PM (AZGON)

Chicago was a blast!

Posted by: Just because I'm neat and thin doesn't mean I'm gay (OK, I am) at February 23, 2010 02:09 PM (xxgag)

98 You know, they didn't have to make the Prius that ugly.

Actually, research indicates that most hybrid buyers won't buy hybrids that look the same as regular models (hence the sales failure of the Accord hybrid, which is arguably a better car).  They *want* them to stand out as much as possible.

Posted by: Ian S. at February 23, 2010 02:10 PM (p05LM)

99 Is ZeroHedge the new name for the shrubbery outside the Oval Office? I think the new name for the White House premises is Ground Zero.

Posted by: George Orwell at February 23, 2010 02:10 PM (AZGON)

100 I told you not to F* with me boy!

Posted by: Epic Beard Man at February 23, 2010 02:11 PM (parIF)

101 I hear the unemployment line is lovely this time of year.

Posted by: mikeyslaw at February 23, 2010 02:11 PM (QMGr1)

102 they didn't have to make the Prius that ugly.

Ugly is a selling point with moonbats; ugly adds to the "penance cachet" of owning one.

Posted by: Purple Avenger at February 23, 2010 02:11 PM (/jtv1)

103 Actually, research indicates that most hybrid buyers won't buy hybrids that look the same as regular models Yes, yes and yes. A Prius purchase is, above all, a vanity purchase.

Posted by: George Orwell at February 23, 2010 02:11 PM (AZGON)

104 The real question is whether you are better off than you were four trillion dollars ago.

That's really, really good.  Send that shit to Breitbart and anyone else who can blast it as a message.

Posted by: Dang Straights at February 23, 2010 05:50 PM (fx8sm)

It is a good question but unfortunately not original with me.

Posted by: WalrusRex at February 23, 2010 02:11 PM (xxgag)

105 My guess is that the average size of businesses (employees) has declined markedly since 1980, or even 1990 (last recessions) due to the computer and Internet' companies have changed in other ways too.  This likely effects the way recessions and DEPRESSIONS evolve and are measured.  Factors to consider: ease of scaling up and down workforces; unreported income; lack of war chests (emergency savings); lack of unemployment insurance eligibility.  I'm too tired to go further with this, but even in Obamao is not lying with stats, I don't think anyone really knows where the economy is "at."

Posted by: ParamusParamus at February 23, 2010 02:11 PM (06v7e)

106 ...if gas prices were higher right now Obama's numbers would be a lot lower

They're supposedly going to be heading up soon, or so that's what's being said.

Posted by: Blacque Jacques Shellacque at February 23, 2010 02:11 PM (Q75cY)

107 Al Gore is back at it... from his blog

"With all the climate deniers spreading lies about the climate crisis in the media, it's vital we arm ourselves with the facts."

Posted by: Mjim at February 23, 2010 02:11 PM (mMdWG)

108
We DO need show trials.  and and and.....  more government "Authorites" to regulate our lives, 401K government take-overs, government single payer health care take-over... and... shhh - don't call it socialism.

I love big public debt and my big daddy government.  I love liar press secretaries.

Life is awesome right now.



Posted by: Lemon Kitten at February 23, 2010 02:12 PM (0fzsA)

109 The Greeks are in great shape.  The got a bunch of bitchin islands they can sell off if they really get pressed hard. 

Posted by: Purple Avenger at February 23, 2010 05:43 PM (/jtv1)

Actually, this is something the US could, and should, consider as well.  Ever see the map showing how much land the government owns?  It's absurd.  We should keep Yellowstone and a few of our other best national parks, and sell all the rest.

Posted by: Reactionary at February 23, 2010 02:12 PM (4nbyM)

110 This is why I think all the talk of recovery is bunk. I want it to be true, and the big stats like unemployment numbers are down but the data doesn't support it. How can we lose so many jobs and have unemployment drop? Someone, somewhere is lying with numbers.

Posted by: Christopher Taylor at February 23, 2010 02:13 PM (PQY7w)

111 Just because I'm neat and thin doesn't mean I'm gay (OK, I am) at February 23, 2010 06:09 PM (xxgag)

. . .

Posted by: Zimriel at February 23, 2010 02:14 PM (6fNLN)

112

ya know what we need?

a national panic to get ppls minds off how mad they are... I got it!

let's flay the skin off Toyota those non-union bastards!

Posted by: Mainstream Media at February 23, 2010 02:14 PM (Ed9Xn)

113 We should keep Yellowstone and a few of our other best national parks, and sell all the rest.

That'll never happen, because then it would be harder for Democrats to stop people from doing useful things on that land (e.g. oil drilling).

Posted by: Ian S. at February 23, 2010 02:14 PM (p05LM)

114 They *want* them to stand out as much as possible.

Posted by: Ian S. at February 23, 2010 06:10 PM (p05LM)

Exactly.  The South Park episode about that was spot on.  They're the modern day pharasees - men who, despite their inner rot and immorality, must make ostentatious displays of piety before others.

Posted by: Reactionary at February 23, 2010 02:16 PM (4nbyM)

115 That Al Gore link is funnier than hell .

Posted by: Bill D. Cat at February 23, 2010 02:16 PM (a9UO0)

116 one word: Ipad

Posted by: Unclefacts, Summoner of Meteors, and Buckets of Scorn for the Left at February 23, 2010 02:18 PM (erIg9)

117
hey now -the CBO (non-partisan!) ( my ass) says the stimulus worked. (never-mind those high unemployment numbers)  Up next the non-partisan my ass CBO to score Obama's mega-tax hiking health care butt-explosion as a big debt reducer.  yeah baby - we got accounting lies so big
they make a red monkey butt blush.




Posted by: Lemon Kitten at February 23, 2010 02:19 PM (0fzsA)

118 At least you morons keep me laughing as our once great nation circles the bowl.

Posted by: steevy at February 23, 2010 02:19 PM (v1i3V)

119 6 Is it cash-under-the-mattress time?

Posted by: HeatherRadish at February 23, 2010 05:27 PM (mR7mk)


gold, ammo, and canned goods under the mattress time

Posted by: Unclefacts, Summoner of Meteors, and Buckets of Scorn for the Left at February 23, 2010 02:20 PM (erIg9)

120 At least you morons keep me laughing as our once great nation circles the bowl. Heretic! My nation and throne are at the center of the bowl, and others circle around me! I am the center of the universe!!

Posted by: Barack Hussein Ptolemy at February 23, 2010 02:21 PM (AZGON)

121 101 I hear the unemployment line is lovely this time of year.     There's a wonderful view from under the bus.

Posted by: The Economy at February 23, 2010 02:22 PM (gLSaO)

122 I keep a mattress under my mattress.

Posted by: Sleepy Joe Biden at February 23, 2010 02:22 PM (AZGON)

123 If gubmint tries to confiscate 401(k)s, or eliminate the deduction for mortgage interest. Those two things could cause states to simply refuse to cooperate with federal tax authorities.

You're absolutely right.  I'm guessing a 85% chance it'll end with a whimper as inflation and an inability to borrow forces D.C. gradually to cut just about everything except DoD.

That 15% buffer I gave myself represents the big if.  That is, if, instead, they choose to clutch at extending the wild party by grabbing 401k's.

Meantime, the inner cities are FUBAR, and anyone occupying a gentrified zone had best have a bugout plan.

Posted by: MikeO at February 23, 2010 02:22 PM (lBmZl)

124 How can we lose so many jobs and have unemployment drop? Someone, somewhere is lying with numbers.

Posted by: Christopher Taylor at February 23, 2010 06:13 PM (PQY7w)

You're probably right about the lies.  BUT - hiring is still going on.  I work for a tiny company, but we're bringing folks back.  Others are as well.  I spoke with an HR person with another company a few days ago - they're bringing back their better workers.  My company lost a new hire today - his old job called him back in for more money.  It's hard to see everything that's in play.

The real killer for my company is that in spite of horrible unemployment, we still have a  hard time finding anybody useful (for the low wage we pay).  Lots of applicants - but few that are worth having around.  We pay way more than minimum, but we can't seem to get anything other than incompetents.  Public education, defunct and liberalized mass culture, and modern piss-poor parenting are killing America.

Posted by: Reactionary at February 23, 2010 02:23 PM (4nbyM)

125 I think I'm gay, cause I just got fucked and the man didn't kiss or cuddle.

Posted by: Soon to be unemployed Samuel Adams (hope I can afford the beer) at February 23, 2010 02:23 PM (nxUYP)

126 58 I thought Ithaca was in New York?

Posted by: Flavius Julius at February 23, 2010 05:47 PM (NLZLH)


it is, I've been there. the greek isle has to be better. everything else is.

Posted by: Unclefacts, Summoner of Meteors, and Buckets of Scorn for the Left at February 23, 2010 02:24 PM (erIg9)

127 That Al Gore link is funnier than hell .

Posted by: Bill D. Cat at February 23, 2010 06:16 PM (a9UO0)

Al Gore says it, I believe it, and that settles it.

Posted by: treehugger who wnats to give Algore a tongue bath at February 23, 2010 02:25 PM (xxgag)

128 I'm guessing a 85% chance it'll end with a whimper as inflation and an inability to borrow forces D.C. gradually to cut just about everything except DoD. The trouble is, who are you going to shoot at? There are no physical tax collectors to speak of. Once your earnings go into a regular bank, the feds can get at them. So if everything goes tits up, the first signal will be a massive movement for everyone to demand cash, not checks or any other paper instrument, in payment for labor or goods.

Posted by: George Orwell at February 23, 2010 02:25 PM (AZGON)

129 PA, you're a girl?

Posted by: rdbrewer at February 23, 2010 02:26 PM (s99Qn)

130

ya know what we need?

a national panic to get ppls minds off how mad they are... I got it!

let's flay the skin off Toyota those non-union bastards!

Posted by: Mainstream Media at February 23, 2010 06:14 PM (Ed9Xn)

Bread and circuses.

Posted by: Spartacus (but not that queer one on Stars) at February 23, 2010 02:28 PM (xxgag)

131 PA, you're a girl?

Yes with big titties.

Posted by: P. A. at February 23, 2010 02:29 PM (nxUYP)

132 107 Al Gore is back at it... from his blog

"With all the climate deniers spreading lies about the climate crisis in the media, it's vital we arm ourselves with the facts."

Posted by: Mjim at February 23, 2010 06:11 PM (mMdWG)


Great to hear you say that AlGore, then you'll have no problem whatsoever sitting your fat BK sucking ass down in front of Inhofe's committee and answering some easy questions. Under oath. Right? RIGHT?

Posted by: Unclefacts, Summoner of Meteors, and Buckets of Scorn for the Left at February 23, 2010 02:29 PM (erIg9)

133 PA, you're a girl?

Pre-op.

Posted by: nickless at February 23, 2010 02:29 PM (MMC8r)

134 131 PA, you're a girl?

Yes with big titties.

Posted by: P. A. at February 23, 2010 06:29 PM (nxUYP)


pics or, oh you know the drill

Posted by: Unclefacts, Summoner of Meteors, and Buckets of Scorn for the Left at February 23, 2010 02:30 PM (erIg9)

135 131 POIDH

Posted by: steevy at February 23, 2010 02:30 PM (v1i3V)

136 OT: School shooting in Jefferson County, Colorado.  Two kids injured.

Posted by: Jen Aniston at February 23, 2010 02:30 PM (cpuvG)

137 134 Great minds(and horndogs)think alike.

Posted by: steevy at February 23, 2010 02:31 PM (v1i3V)

138 135 131 POIDH

Posted by: steevy at February 23, 2010 06:30 PM (v1i3V)


xackly

Posted by: Unclefacts, Summoner of Meteors, and Buckets of Scorn for the Left at February 23, 2010 02:31 PM (erIg9)

139 The real killer for my company is that in spite of horrible unemployment, we still have a  hard time finding anybody useful (for the low wage we pay).  Lots of applicants - but few that are worth having around.  We pay way more than minimum, but we can't seem to get anything other than incompetents.

I don't know your line, but the same thing happened during the dot-com bust.  Shitheads who should never have been in the computer field in the first place didn't understand that they had been riding high on an anomaly.  There were idiots who went bankrupt rather than accept the paycuts between what they were earning and what the new market would bear.

It'll be a while before a lot of these guys realize that their jobs aren't ever coming back.  Only this time, they can't all go out and broker mortgages.

Posted by: MikeO at February 23, 2010 02:31 PM (lBmZl)

140

Regarding the 401k seizure, we must be vigilant.  If a bill is introduced that will allow them to do it, we'll need warning.  That's the day you cash it in.  Take the tax hit, and get it into your hands.  Otherwise you'll never see it again.  The "retirement" age is going to be 75 before long - to restore the SS system to the outright theft that it was always meant to be.  It's the only way to "save" it. 

I can't imagine how hard the stock market will crash...

Posted by: Reactionary at February 23, 2010 02:31 PM (4nbyM)

141

I can't imagine how hard the stock market will crash...

Posted by: Reactionary at February 23, 2010 06:31 PM (4nbyM)


about as hard as Harry Reid's fist into Mrs. Reid's jaw when he loses his job.

Posted by: Unclefacts, Summoner of Meteors, and Buckets of Scorn for the Left at February 23, 2010 02:33 PM (erIg9)

142 But all this news BEAT EXPECTATIONS!!!!

BUY BUY BUY, before you're priced out!!

Posted by: Jim Cramer at February 23, 2010 02:35 PM (sYxEE)

143 The trouble is, who are you going to shoot at? There are no physical tax collectors to speak of. Once your earnings go into a regular bank, the feds can get at them.

Posted by: George Orwell at February 23, 2010 06:25 PM (AZGON)

Indeed.  Many companies require direct deposit now to cut the cost of writing checks, so your money is automatically vulnerable.  Plus, the government is always on the lookout for any money leaving the country - and can strong arm most banks in the world to turn it over.  Perhaps the way to go is to simply withdrawl anything you don't need in your checking account every pay period. 

Can anyone recommend a good brand of safe? 

Posted by: Reactionary at February 23, 2010 02:36 PM (4nbyM)

144 I am so freakin' ready to dip on Al Gore... the glory can be ours AGAIN!


Posted by: Mjim at February 23, 2010 02:36 PM (mMdWG)

145 Reactionary, are you in Southern CA?  I sure could use some work, 18 months of funemployment is starting to hurt badly.


Posted by: kbdabear at February 23, 2010 02:36 PM (sYxEE)

146 BUY BUY BUY, before you're priced out!!

Posted by: Jim Cramer at February 23, 2010 06:35 PM (sYxEE)


Bi, Bi, Bi, damn my ass hurts. How does one become a top?

Posted by: Jim Cramer at February 23, 2010 02:37 PM (nxUYP)

Posted by: Mjim at February 23, 2010 02:38 PM (mMdWG)

148 Posted by: kbdabear at February 23, 2010 06:36 PM (sYxEE)

18 months? Damn dude, I have no money but I could send you some beer if that would help. Sorry man.

Posted by: Samuel Adams at February 23, 2010 02:38 PM (nxUYP)

149 Could you guys help us out here? All those green shoots cliches, the happy talk of recovery along with ace's "prosperity collage" isn't working like it used to. It's like people are believing their own lying eyes over us

Posted by: The MSM at February 23, 2010 02:39 PM (sYxEE)

150 Reactionary, are you in Southern CA?  I sure could use some work, 18 months of funemployment is starting to hurt badly.

Posted by: kbdabear at February 23, 2010 06:36 PM (sYxEE)

Sorry - no such luck.  I'm in Southern Michigan.  I hope you can find something soon!  I don't suppose you're in the quality control biz?  If so I'll send you the SoCal leads I come across.

Posted by: Reactionary at February 23, 2010 02:39 PM (4nbyM)

151 So, will anyone on this site call it like it is -
D-E-P-R-E-S-S-I-O-N ?

Posted by: Gerry at February 23, 2010 02:39 PM (/SQ0y)

152 Can anyone recommend a good brand of safe?

I'd recommend and Smith and Wesson. Or a Glok.

Posted by: shibumi at February 23, 2010 02:40 PM (OKZrE)

153 OT: NY Times sources quotes to Media Matters, but doesn't actually source the quotes to Media Matters

NY Times story here
http://is.gd/92oaP

Source for the whole story is at Talking Points Memo
http://is.gd/92jiO

Posted by: wtfci at February 23, 2010 02:40 PM (+zo63)

154 Sam, it would help had I not given up booze 15 years ago.

Posted by: kbdabear at February 23, 2010 02:40 PM (sYxEE)

155 I'd recommend and Smith and Wesson. Or a Glok.

Posted by: shibumi at February 23, 2010 06:40 PM (OKZrE)

I agree, but one must leave the house every once in a while...

Posted by: Reactionary at February 23, 2010 02:41 PM (4nbyM)

156 I turn 40 tomorrow.

All you cocksuckers get off my lawn.

Posted by: Herr Morgenholz at February 23, 2010 02:42 PM (DKtGB)

157 What's funny is the actor that played Boner from Family Ties is missing right now.

What's even funnier is that he wasn't in Family Ties.  He was in Growing Pains.

Moron blog indeed.

Posted by: Additional Blond Agent at February 23, 2010 02:42 PM (PMGbu)

158 156 I turn 40 tomorrow.

All you cocksuckers get off my lawn.

Posted by: Herr Morgenholz at February 23, 2010 06:42 PM (DKtGB)

Grazt, Herr.  40 is the new 30, you know.

Posted by: Reactionary at February 23, 2010 02:43 PM (4nbyM)

159

Sorry - no such luck.  I'm in Southern Michigan.  I hope you can find something soon!  I don't suppose you're in the quality control biz?  If so I'll send you the SoCal leads I come across.

Posted by: Reactionary at February 23, 2010 06:39 PM

Thanks anyway, that's not my line of regular work. My last position was in commercial loan operations for a very large and fubar bank

I can do many other things, I know how to work a computer and a phone.

I'm also housebroken


Posted by: kbdabear at February 23, 2010 02:44 PM (sYxEE)

160

Grazt, Herr.  40 is the new 30, you know.

Posted by: Reactionary at February 23, 2010 06:43 PM (4nbyM)

GET. OFF. MY. LAWN!!!

And "dead" is the new "80"

Posted by: Herr Morgenholz at February 23, 2010 02:44 PM (DKtGB)

161 Life may be tough for some but government at all levels will spend five trillion this year[only about two trillion more than they take in]...Government workers don't even know there is a recession bitches...So suck it!  You work for them now...

Posted by: If I can't eat it or fuck it I piss on it... at February 23, 2010 02:44 PM (lxg2b)

162 The trouble is, who are you going to shoot at? There are no physical tax collectors to speak of. Once your earnings go into a regular bank, the feds can get at them. So if everything goes tits up, the first signal will be a massive movement for everyone to demand cash, not checks or any other paper instrument, in payment for labor or goods.

I'm not thinking revolution starting with a shot at Lexington or a storming of the Bastille.  I'm thinking an inability for the federal government to pay its employees.  I'm thinking the eagle fails to shit on welfare assistance payment day.

The fault lines are baked deeply into the country at this point.   We are so far from being one people in this country that I wonder sometimes whether we are even the same species. 

I talked to a guy on Monday who was talking about deliberately not making his note on his second home because banks aren't foreclosing in a timely fashion.  I told him to his face that if he does that, I hope the banks pursue his sorry, deal-breaking ass until the end of time.

He was annoyed about my attitude.  I laughed.  If we didn't live under this bullshit pretext of civilization, I would have killed him where he stood.

You don't shoot the tax collector.  You shoot the sons of bitches who think it's all right to send tax collectors after citizens under the retarded fucking tax code we have today.

Posted by: MikeO at February 23, 2010 02:45 PM (lBmZl)

163 So, will anyone on this site call it like it is -
D-E-P-R-E-S-S-I-O-N ?

I call it the O pression.

Posted by: Guy Fawkes at February 23, 2010 02:45 PM (cpuvG)

164 I turn 40 tomorrow.

All you cocksuckers get off my lawn.

Posted by: Herr Morgenholz at February 23, 2010 06:42 PM (DKtGB)

I guess "whippersnappers" only comes at 50.

Happy birthday. I wish I was turning 40 tomorrow.

Posted by: progressoverpeace at February 23, 2010 02:45 PM (A46hP)

165 Back in the bad of BOOSH days when we were all starving in the streets, I remember a long article about the work habits of the Juicebox Generation..

They would insist on being coddled, demanded that their work schedules accomodate their private lives such as 4 pm pilates classes, they'd start on Monday and expect to be CEO by Friday.

Some consulting companies even did good business showing companies how to get the young darlings to do their jobs without feeling massively oppressed.

I wonder how that's working out for them now

Posted by: kbdabear at February 23, 2010 02:48 PM (sYxEE)

166
Hahaaa, Morgenholz is an old fart now, too.

Posted by: Dang Straights at February 23, 2010 02:49 PM (jx9Mt)

167 Know what'll fix mass layoffs?  ObamaCare. 

Posted by: FUBAR at February 23, 2010 02:50 PM (1fanL)

168 Some consulting companies even did good business showing companies how to get the young darlings to do their jobs without feeling massively oppressed.

I'm thinking starvation might do wonders for the work ethic of the little twits.

Posted by: Hatchet Five at February 23, 2010 02:51 PM (tafgh)

169
Even though we've turned the corner (as wee wee said), the recovery seems to have been affected by the frigid global warming.  Unprecedented!

Posted by: Dang Straights at February 23, 2010 02:51 PM (jx9Mt)

170
Know what'll fix mass layoffs?  ObamaCare. 

I was gonna say more cowbell.

Posted by: Dang Straights at February 23, 2010 02:52 PM (jx9Mt)

171

Posted by: Herr Morgenholz at February 23, 2010 06:44 PM (DKtGB)

Hmmm... somebody's getting cranky in his old age.  Don't get your depends in a bunch grampa!

Posted by: Reactionary at February 23, 2010 02:52 PM (4nbyM)

172 Hmmm... somebody's getting cranky in his old age.  Don't get your depends in a bunch grampa!

Isn't that what that kid said to EBG before, well, you know....?

Posted by: nickless at February 23, 2010 02:53 PM (MMC8r)

173

Hmmm... somebody's getting cranky in his old age.  Don't get your depends in a bunch grampa!

Posted by: Reactionary at February 23, 2010 06:52 PM (4nbyM)

They don't really get in a bunch.  They just start to disintegrate.  Fuckin' nurses around here suck.

Get me a scotch.

Posted by: Herr Morgenholz at February 23, 2010 02:54 PM (DKtGB)

174 I talked to a guy on Monday who was talking about deliberately not making his note on his second home because banks aren't foreclosing in a timely fashion.  I told him to his face that if he does that, I hope the banks pursue his sorry, deal-breaking ass until the end of time.

That's not unusual, because in spite of what Cramer says the shadow housing inventory IS a big deal. Banks are even letting people live in their homes for over a year before taking foreclosure actions because if too much inventory is on the market their existing good mortgages suffer due to property value deflation.

Back in Oct of 2007 we had those bad fires in Southern California. I saw even then that mortgages were way out of line with value and the declines in prices were just starting. I wondered how many people would actually be happy that the home they couldn't afford had burned down, and their insurance would cover the mortgage balance, not the actual market value of the home.

Posted by: kbdabear at February 23, 2010 02:54 PM (sYxEE)

175 He was annoyed about my attitude.  I laughed.  If we didn't live under this bullshit pretext of civilization, I would have killed him where he stood.

Posted by: MikeO at February 23, 2010 06:45 PM (lBmZl)

I am only saying that because I care; there's a lot of decaffeinated brands on the market that are just as tasty as the real thing.

Posted by: Jim in San Diego at February 23, 2010 02:56 PM (F09Uo)

176 I've been promising good paying green jobs, what the hell else do these peasants want!

Posted by: King Barry I at February 23, 2010 02:56 PM (sYxEE)

177

Happy Birthday Morgenholz,

40 was one of my best years...I wish I could have 40 all over again, I was living like a college student but with money...Woohoo!  Best regards,

Posted by: If I can't eat it or fuck it I piss on it... at February 23, 2010 02:57 PM (lxg2b)

178
'Green Jobs' = shoveling horseshit into the furnace to prevent hypothermia and death.  If we're lucky.

Posted by: Dang Straights at February 23, 2010 02:58 PM (jx9Mt)

179 MarketWatch.com sez that AIG had been selling credit swap insurance to Greece, and since we are bailing out AIG, we are bailing out Greece. And Spain. And Ireland.

Posted by: rawmuse at February 23, 2010 02:58 PM (rwwIb)

180
Bloody Irish.

Posted by: Dang Straights at February 23, 2010 02:59 PM (jx9Mt)

181 40 was one of my best years...I wish I could have 40 all over again, I was living like a college student but with money..

Thanks.  I live like a college student with money too, but with kids to feed and several unrequited birthday blow jobs stacked up.

Posted by: Herr Morgenholz at February 23, 2010 03:00 PM (DKtGB)

Posted by: kbdabear at February 23, 2010 03:01 PM (sYxEE)

183
We laugh, but Jarrett is the most dangerous kind of person - an idiot with influence. 

Posted by: Dang Straights at February 23, 2010 03:02 PM (jx9Mt)

184 180
Bloody Irish.
Posted by: Dang Straights at February 23, 2010 06:59 PM

Write to me and maybe we could work something out

Posted by: Oliver Cromwell at February 23, 2010 03:03 PM (sYxEE)

185 Guess she should "ax" us what it is we want

Valerie Jarrett: Maybe we should try talking to tea partiers in simpler terms

Posted by: kbdabear at February 23, 2010 07:01 PM (sYxEE)

What's simpler than "tax and spend"?

Posted by: WalrusRex at February 23, 2010 03:03 PM (xxgag)

186
Senator James Inhofe (R-OK) today asked the Obama administration to investigate what he called “the greatest scientific scandal of our generation” — the actions of climate scientists revealed by the Climategate files, and the subsequent admissions by the editors of the Intergovernmental Panel on Climate Change (IPCC) Fourth Assessment Report (AR4).

Senator Inhofe also called for former Vice President Al Gore to be called back to the Senate to testify http://tinyurl.com/yeq28hh

Posted by: Sonnyspats at February 23, 2010 03:04 PM (68tQb)

187
sYxEE - is that pronounced 'sexy'? 

Posted by: Dang Straights at February 23, 2010 03:04 PM (jx9Mt)

188 We laugh, but Jarrett is the most dangerous kind of person - an idiot with influence.

So she's kind of like Ace, but she actually reads her own speeches?

Posted by: Herr Morgenholz at February 23, 2010 03:05 PM (DKtGB)

189

Wake me up when the "mass" executions start.

Soylent Green is people.

Posted by: ParanoidGirlInSeattle at February 23, 2010 03:05 PM (RZ8pf)

190 Valerie Jarrett , still speaking truth to power , I see .
 Jeeezussss , what an oxygen thief ..

Posted by: awkward davies at February 23, 2010 03:06 PM (wb68R)

191 Funemployment for ALL!

Posted by: obama claus at February 23, 2010 03:06 PM (2qU2d)

192

Write to me and maybe we could work something out

Not if I get there first!

Posted by: potato blight at February 23, 2010 03:07 PM (2qU2d)

193 We laugh, but Jarrett is the most dangerous kind of person - an idiot with influence.

Posted by: Dang Straights at February 23, 2010 07:02 PM (jx9Mt)

Meh. You can't swing a dead cat in Washington without hitting an idiot with influence, especially at 1600 Pennsylvania. Jarrett is just one of hundreds. The total IQ at cabinet meetings only hovers around 223.

Of course, that's how things get right before it all goes straight down the shitter.

Posted by: progressoverpeace at February 23, 2010 03:07 PM (A46hP)

194 I am only saying that because I care; there's a lot of decaffeinated brands on the market that are just as tasty as the real thing.

Please don't forget my conditional clause:  If we didn't live under this bullshit pretext of civilization, I would have killed him where he stood.

Here's a cross-post from earlier today:

In the context of Sumner's "Forgotten Man" essay, here's something I've been thinking a lot about lately because of the number of times I have seen this with my own eyes in real life:

Person A has ownership of some resource.

Person B wants that resource from A.

B cannot talk A out of that resource (present a convincing argument, negotiate an acceptable price, or whatever), so  B starts playing to the gallery and tries to convince random bystanders that A should give the resource to B on B's terms.

Is B intending only to shame A into capitulation?  Or, is B attempting to raise an impromptu posse to relieve A of the desired resource by force?

Posted by: MikeO at February 23, 2010 03:11 PM (lBmZl)

195 Posted by: MikeO at February 23, 2010 06:45 PM (lBmZl) I can't say I disagree.

Posted by: George Orwell at February 23, 2010 03:13 PM (AZGON)

196 O/T:  Oh how I love this man:  "Consequently, with due respect for the President and ultimate respect for the American people, the Republican leadership has no choice. It must NOT accept the administrationÂ’s disingenuous summit invitation to “negotiate.”

breaking news on fox:  shooting at littleton colorodo middle school.

Posted by: curious at February 23, 2010 03:14 PM (p302b)

197 Fucking kulaks best start making with the big donations to My Glory.  I've got a lot of unused meathooks and piano wire sitting around in some Chicago warehouses.  I have decreed that the economy is in recovery, damnit.

Posted by: Prezidizzle Obizzle at February 23, 2010 03:16 PM (kmEfr)

198 The total IQ at cabinet meetings only hovers around 223. My, we're optimistic today!

Posted by: George Orwell at February 23, 2010 03:17 PM (AZGON)

199 You shoot the sons of bitches who think it's all right to send tax collectors after citizens under the retarded fucking tax code we have today.

Um, stay away from light aircraft for a while.

Posted by: Waterhouse at February 23, 2010 03:18 PM (bU66q)

200 186
Senator James Inhofe (R-OK) today asked the Obama administration to investigate what he called “the greatest scientific scandal of our generation” — the actions of climate scientists revealed by the Climategate files, and the subsequent admissions by the editors of the Intergovernmental Panel on Climate Change (IPCC) Fourth Assessment Report (AR4).

Senator Inhofe also called for former Vice President Al Gore to be called back to the Senate to testify http://tinyurl.com/yeq28hh

Posted by: Sonnyspats at February 23, 2010 07:04 PM (68tQb)


dude, I was 132 before you were 186, come on I'm working it here, find your own streetcorner you hussy.

Posted by: Unclefacts, Summoner of Meteors, and Buckets of Scorn for the Left at February 23, 2010 03:19 PM (erIg9)

201

@33: "Stop poking fucking holes in my thesis, you bastards!"

Not to worry.  We have a consensus.  Your thesis is settled.Assuming, of course, you throw some tasty grant money my way.

Posted by: Al Gore at February 23, 2010 03:20 PM (kmEfr)

202 So now they are installing full body scanners in American airports?  Who makes these things?  Guess it is payback time.  Apparently they emit a lot of radiation and if you fly a lot it can't be good for you to have these things often.  What happens if you don't want to take it?   Guess a lot of the very people they want to catch will now go to trains and cars?  

Posted by: curious at February 23, 2010 03:21 PM (p302b)

203 breaking news on fox:  shooting at littleton colorodo middle school.

Shamuta! Bring me my teabaggrz template, I KNOW they're responsible for this.

Bring on martial law before the bad crazy people kill us all!!!

Posted by: Cahrsel Jhonsno at February 23, 2010 03:21 PM (sYxEE)

204 breaking news on fox:  shooting at littleton colorodo middle school.

Being a native Kansan, may I interject that Coloradans are some really seriously fucked up human beings. And, I might add, this Colorado problem might stem from the fact that the Kansas Jayhawks always kick the living shit out of the Colorado Buffaloes in basketball, and that Colorado  might be upset that the Jayhawk crowd in Boulder always outnumbers the Buffalo crowd. So an outsider might infer that Colorado is full of a bunch of loser fucking nutcases and that is why these school shootings go on the way they do. The last Kansas school shooting was in 1985 in Goddard Kansas, a suburb of Wichita. That  kid only killed his principal. So, now you know that Colorado is full of some seriously fucked up idiots. That is all.

Posted by: Samuel Adams at February 23, 2010 03:22 PM (nxUYP)

205 Shamuta! Bring me my teabaggrz template, I KNOW they're responsible for this.

Bring on martial law before the bad crazy people kill us all!!!

Posted by: Cahrsel Jhonsno at February 23, 2010 07:21 PM (sYxEE)


you should choke on your own ponytail. assuming you could get it in there past obama's cocksickle.

Posted by: Unclefacts, Summoner of Meteors, and Buckets of Scorn for the Left at February 23, 2010 03:23 PM (erIg9)

206 You know what there's not enough of on this blog? Highlighted yellow stuff.

Posted by: Waterhouse at February 23, 2010 03:23 PM (bU66q)

207

Everyone like show trials, right?

 

Yeah!  Everyone show us your jazz hands!

Posted by: runningrn at February 23, 2010 03:23 PM (CfmlF)

208
What's with the yellow highlighting?  Looks like some tranny projectile-vomited all over the post.

Posted by: Dang Straights at February 23, 2010 03:24 PM (jx9Mt)

209 Guess a lot of the very people they want to catch will now go to trains and cars?  
Posted by: curious at February 23, 2010 07:21 PM

We already have our discrimination lawsuits filed. No peace loving kind muslims will be asked to overlook the tenets of their religion and expose the female form outside of the home.

Happy flying, infidels!

Posted by: CAIR at February 23, 2010 03:24 PM (sYxEE)

210

@73: "Allow us to explain...it's the rebirth of last Spring's fantastic, fUnemployment!...only now it's Mass fUnemployment!...Back, better than ever, for Spring 2010!"

Can't wait until they roll out Sexycutions for all us traitors who don't believe in The Messiah's Divinity.

Posted by: Fa Cube Itches at February 23, 2010 03:25 PM (kmEfr)

211 Posted by: Waterhouse at February 23, 2010 07:23 PM (bU66q)

I'm so sorry.  it was already highlighted in the original article and then was surprised to see the "breaking news" item highlighted and I see now that it is totally catching as other things are highlighted as well.

Posted by: curious at February 23, 2010 03:25 PM (p302b)

212 209
What's with the yellow highlighting?  Looks like some tranny projectile-vomited all over the post.

Posted by: Dang Straights at February 23, 2010 07:24 PM (jx9Mt)


SERIOUSLY

Posted by: Unclefacts, Summoner of Meteors, and Buckets of Scorn for the Left at February 23, 2010 03:25 PM (erIg9)

213

"alram"

 

I think you meant "All ram"  as in Barry is going to all ram his healthcare crap through us.

Posted by: runningrn at February 23, 2010 03:26 PM (CfmlF)

214 Posted by: Waterhouse at February 23, 2010 07:23 PM (bU66q)
What's with the yellow highlighting?  Looks like some tranny projectile-vomited all over the post.

Posted by: Dang Straights at February 23, 2010 07:24 PM (jx9Mt)


Goddammit, I was making the point that Coloradans were mental motherfuckers. Another point I was trying to make was that this Kansan was too stupid to figure out how to get rid of the yellow tranny shit. You know, we do share a border dammit.


Posted by: Samuel Adams at February 23, 2010 03:27 PM (nxUYP)

215 #76 I bet they printed up a bunch of brand spanking new Ben Franklins to 'pay' for it too. The fucking money is so hot nowadays it'll fry your fingertips.

Posted by: torabora at February 23, 2010 03:29 PM (sOd9/)

216 Breaking

Can't feel bad about this downsizing

ABC News to cut 20% of workforce.

Posted by: phreshone at February 23, 2010 03:29 PM (1AnxB)

217

201

We'll see who's corner this is when my pimp daddy gets back from the licka sto!

Posted by: Sonnyspats at February 23, 2010 03:30 PM (68tQb)

218 217 Breaking

Can't feel bad about this downsizing

ABC News to cut 20% of workforce.

Posted by: phreshone at February 23, 2010 07:29 PM (1AnxB)


I'm betting the chicken rests a bit easier tonight

Posted by: Unclefacts, Summoner of Meteors, and Buckets of Scorn for the Left at February 23, 2010 03:30 PM (erIg9)

219 Secretary of the Navy says they'll change the women in combat policies to allow them to serve on submarines.

And you spent all that time wondering why I wanted to defect!


Posted by: Capt Marko Ramius at February 23, 2010 03:30 PM (sYxEE)

220 Green Jobs!...No Really...Why are laughing?....Everything will be better....NOM-NOM-NOM!

Posted by: Jimi at February 23, 2010 03:30 PM (fqxV7)

221 218

201

We'll see who's corner this is when my pimp daddy gets back from the licka sto!

Posted by: Sonnyspats at February 23, 2010 07:30 PM (68tQb)


You better step off sucka, or I'm gonna have to give ACORN a call, and have you shipped off to El Salvador in a swap for some fresh goods.

Posted by: Unclefacts, Summoner of Meteors, and Buckets of Scorn for the Left at February 23, 2010 03:32 PM (erIg9)

222 We'll see who's corner this is when my pimp daddy gets back from the licka sto!

Sheeit, you can't get a brother to lick a stamp.

Posted by: Lawonda Johnson at February 23, 2010 03:32 PM (nxUYP)

223

"O'pression"....the new Depression.

 

Stolen from a wag at Zero Hedge. We morons are EVERYWHERE!

Posted by: torabora at February 23, 2010 03:32 PM (IblyN)

224

KDABEAR: "Reactionary, are you in Southern CA?  I sure could use some work, 18 months of funemployment is starting to hurt badly."

What do you do?  My boss is looking for help in a law office.

Posted by: Fa Cube Itches at February 23, 2010 03:33 PM (kmEfr)

225  
Hey runningrn, tried the spicy guac pringles today.  Ate the whole can, dammit. 

Posted by: Dang Straights at February 23, 2010 03:33 PM (jx9Mt)

226 Mass layoffs?  Never heard of it...

Posted by: Charles Gibson at February 23, 2010 03:33 PM (j4xgZ)

227 224

"O'pression"....the new Depression.


That is funny.

Posted by: Dr. Spank at February 23, 2010 03:34 PM (0FiCa)

228 phreshone,

Looks like I picked the wrong week to give up Schadenfreude.

More to warm your heart.

CHARLIE MARTIN: BREAKING: Senator Barbara Boxer and EPA Administrator Lisa Jackson Throw IPCC Under the Bus from Instapundit.

Posted by: Looking Glass at February 23, 2010 03:34 PM (IfMnA)

229
What do you do?  My boss is looking for help in a law office.

Hire kdabear AND wherestherum, hook a moron up.

Posted by: Dang Straights at February 23, 2010 03:35 PM (jx9Mt)

230 220 Secretary of the Navy says they'll change the women in combat policies to allow them to serve on submarines.

Periscope Down 2?

Posted by: Kratos (on the back of Gaia, scaling Mt Olympus) at February 23, 2010 03:35 PM (otlXg)

231 226  
Hey runningrn, tried the spicy guac pringles today.  Ate the whole can, dammit. 

Posted by: Dang Straights at February 23, 2010 07:33 PM (jx9Mt)


ok, now I'm schmutzin

Posted by: Unclefacts, Summoner of Meteors, and Buckets of Scorn for the Left at February 23, 2010 03:35 PM (erIg9)

232

Posted by: Dang Straights at February 23, 2010 07:33 PM (jx9Mt)

 

ha!  No one can eat just one (can!)  I'm glad you liked them.  They're one of my favs!

Posted by: runningrn at February 23, 2010 03:35 PM (CfmlF)

233 REAGANOMICS

Posted by: Michael Rittenhouse at February 23, 2010 03:36 PM (8I2ti)

234
My newest art purchase, morons.  Yeah, it's going up at the office.

Posted by: Dang Straights at February 23, 2010 03:36 PM (jx9Mt)

235 231 220 Secretary of the Navy says they'll change the women in combat policies to allow them to serve on submarines.

Periscope Down 2?

Posted by: Kratos (on the back of Gaia, scaling Mt Olympus) at February 23, 2010 07:35 PM (otlXg)


Prep aft tubes AYE AYE CAP'N!

Posted by: Unclefacts, Summoner of Meteors, and Buckets of Scorn for the Left at February 23, 2010 03:36 PM (erIg9)

236 What do you do?  My boss is looking for help in a law office.

Hire kdabear AND wherestherum, hook a moron up.

Damn, need a security guard? I have taken a life. Hook me up too.

Posted by: Lawonda Johnson at February 23, 2010 03:37 PM (nxUYP)

237 CROSBY IS STILL A BITCH!

Posted by: Unclefacts, Summoner of Meteors, and Buckets of Scorn for the Left at February 23, 2010 03:38 PM (erIg9)

238 Lawonda, you lost your sock bitch.

Posted by: Samuel Adams at February 23, 2010 03:38 PM (nxUYP)

239

Posted by: Dang Straights at February 23, 2010 07:36 PM (jx9Mt)

 

I salute you on your impeccably bad taste!  You are a true moron!

Posted by: runningrn at February 23, 2010 03:38 PM (CfmlF)

240 Bristol Palin is going to guest star on the secret life of the American teenager.

Posted by: curious at February 23, 2010 03:39 PM (p302b)

241 Oh, and Herr Morgenholz, if you're still here, Happy B-day (a day early, I won't be here tomorrow).

Posted by: runningrn at February 23, 2010 03:39 PM (CfmlF)

242

@230: "Hire kdabear AND wherestherum, hook a moron up."

Rum had an interview and turned us down; too much of a commute.

Posted by: Fa Cube Itches at February 23, 2010 03:41 PM (kmEfr)

243
I'm back, jackinapes.

Posted by: This is lolboner at February 23, 2010 03:42 PM (x9okW)

244

What's not to like?

The current season of Bad Girls Club, for starters.

Posted by: FireHorse at February 23, 2010 03:42 PM (cQyWA)

245 225

KDABEAR: "Reactionary, are you in Southern CA?  I sure could use some work, 18 months of funemployment is starting to hurt badly."

What do you do?  My boss is looking for help in a law office.

Posted by: Fa Cube Itches at February 23, 2010 07:33 PM

I'm not a lawyer or paralegal, but I can understand legal documents and do administrative, clerical, computer, some accounting and purchasing. If your boss is looking for help who can perform many functions, has a good attitude and really wants to work, I'm his man.

Are you on LinkedIn or Facebook? I have an account in both

Posted by: kbdabear at February 23, 2010 03:43 PM (sYxEE)

246 Jobs? Nobody needs Jobs anymore. Newsweek Magazine told me "We are all Socialists now," so all you have to do is, sit around and wait for your government to steal from the Rich and give to the Poor....It'll work....Why can't you dumb Racists understand that.....Trust Us!

Posted by: Average Democrat at February 23, 2010 03:43 PM (fqxV7)

247 Oh and this is really OT and gratuitous to some of you, but tomorrow the 24th would have been  my Brother Tom's 53rd birthday. He was my best friend, and he died of pancreatic cancer on October 28th 2006. That is all.

Posted by: Samuel Adams at February 23, 2010 03:43 PM (nxUYP)

248
Rum had an interview and turned us down;

Wow, that just adds to her mystery.  Anyone remember Lucy Liu in Payback?  Seems like that would be wtr.

Posted by: Dang Straights at February 23, 2010 03:44 PM (jx9Mt)

249

@245: "The current season of Bad Girls Club, for starters."

Back in my day, we called it a pimp stick.

Posted by: Rudy Ray Moore at February 23, 2010 03:44 PM (kmEfr)

250 57 My pie may only be 2/3 the size it was 5 years ago, but it's still my f-ing pie.

About 10 years in mental institution cures people of that delusion comrade. 

Posted by: Purple Avenger at February 23, 2010 05:46 PM (/jtv1)

One day in a FEMA camp should do it for the rest of us.

...insert popcorn munching noises here...

Posted by: torabora at February 23, 2010 03:45 PM (IblyN)

251

@249: "Wow, that just adds to her mystery.  Anyone remember Lucy Liu in Payback?  Seems like that would be wtr."

Oddly enough, that's a lot how the interview looked.

Posted by: Fa Cube Itches at February 23, 2010 03:46 PM (kmEfr)

252 248 Oh and this is really OT and gratuitous to some of you, but tomorrow the 24th would have been  my Brother Tom's 53rd birthday. He was my best friend, and he died of pancreatic cancer on October 28th 2006. That is all.

Posted by: Samuel Adams at February 23, 2010 07:43 PM (nxUYP)


oy, god rest his soul.

Posted by: Unclefacts, Summoner of Meteors, and Buckets of Scorn for the Left at February 23, 2010 03:46 PM (erIg9)

253 What do you need your 401K for?........I don't get it.....What's the Problem?

Posted by: Jimi at February 23, 2010 03:47 PM (fqxV7)

254 Just to add to the unrestrained glee of this thread, also from zerohedge.com: ...the possibility of a bank run in Greece following unsubstantiated reports that Greek citizens don't trust the Greek financial system all that much anymore, courtesy of the whole bailout and GDP reporting fraud thing. The rumor was not only just confirmed and also quantified: Dow Jones reports that in the past three months Greeks have moved about €8 billion out of local banks "fearing a possible new tax on bank accounts, increased government scrutiny on assets and a run on the banks if Athens is forced to turn to the International Monetary Fund." more copypasta Finance Minister George Papaconstantinou earlier this month urged Greeks with accounts abroad to repatriate their money and said the capital will be taxed at a 5% rate. He said those who choose to keep their money abroad should declare their deposits and pay a tax of 8% for the first six months. Thereafter he threatened that Greece will use all laws at its disposal, such as double-taxation agreements, to ask foreign banks for information on Greek account holders. "For us this is the first step towards taxing all accounts in Greece," said the chief financial officer of a major Greek shipping company. "The line is minimum deposits here and moving all assets abroad,"

Posted by: George Orwell at February 23, 2010 03:48 PM (AZGON)

255 KDABEAR: Nope, not on either service, sorry. WTR has my e-mail, if you can get in touch with her.  Accounting would be useful - if nothing else, we might have contract projects available.

Posted by: Fa Cube Itches at February 23, 2010 03:48 PM (kmEfr)

256

New Coke and Obama are America's two greatest mistakes.

Forfeiting South Vietnam to the commies and the current Buffalo Bills uniforms are right up there. And the Alabama quarter -- I get that Helen Keller was blind, but she didn't invent Braille. So why put something in Braille on the coin? Besides, it's too small. Can you imagine how small someone's finger has to be in order to read that?

Posted by: FireHorse at February 23, 2010 03:49 PM (cQyWA)

257 I'm disappointed. Today is National Pancake Day and not one moron has noticed.

Posted by: Ronster at February 23, 2010 03:49 PM (Xu6d3)

258 248 Oh and this is really OT and gratuitous to some of you, but tomorrow the 24th would have been  my Brother Tom's 53rd birthday. He was my best friend, and he died of pancreatic cancer on October 28th 2006. That is all.
Posted by: Samuel Adams at February 23, 2010 07:43 PM

Sam, sorry for your loss. Those anniversaries and birthdays of our departed loved ones always bring some sting.

Posted by: kbdabear at February 23, 2010 03:50 PM (sYxEE)

259 258 I'm disappointed. Today is National Pancake Day and not one moron has noticed. Posted by: Ronster at February 23, 2010 07:49 PM

I keep it in my heart

Posted by: Rachel Corrie at February 23, 2010 03:50 PM (sYxEE)

260 I'm disappointed. Today is National Pancake Day and not one moron has noticed.

Posted by: Ronster at February 23, 2010 07:49 PM (Xu6d3)

Fuck you.

Posted by: Rachel Corrie at February 23, 2010 03:52 PM (DKtGB)

261

Posted by: Samuel Adams at February 23, 2010 07:43 PM (nxUYP)

 

I am so sorry for your loss.  My dad died when he was 52.  He was driving home from work and someone crossed the center lane and hit him head on, then rearended by the guy behind him.  53 years old is too young to die.  I hope that you can remember your brother's memory tomorrow by celebrating his life.

Posted by: runningrn at February 23, 2010 03:52 PM (CfmlF)

262
Then we shall raise our glasses and drink to Tom.


Posted by: This is lolboner at February 23, 2010 03:53 PM (x9okW)

263

Sam, I'm sorry I meant to say 49 is too young to die.  Please accept my apologies (I had 53 in my head).

Posted by: runningrn at February 23, 2010 03:54 PM (CfmlF)

264 I'm disappointed. Today is National Pancake Day and not one moron has noticed. Posted by: Ronster at February 23, 2010 07:49 PM I keep it in my heart Posted by: Rachel Corrie at February 23, 2010 07:50 PM (sYxEE) Let me pour myself upon your troubled pancakes.

Posted by: The Syrup of Human Kindness at February 23, 2010 03:55 PM (AZGON)

265
Wait. So now you're saying 53 isn't too young to die?

Posted by: This is lolboner at February 23, 2010 03:55 PM (x9okW)

266 Posted by: runningrn at February 23, 2010 07:52 PM (CfmlF)
Posted by: kbdabear at February 23, 2010 07:50 PM (sYxEE)
Posted by: Unclefacts, Summoner of Meteors, and Buckets of Scorn for the Left at February 23, 2010 07:46 PM (erIg9)

Thanks all, you never forget your best friend, even when he was a sibling. Thanks, and may God shine that light............

Posted by: Samuel Adams at February 23, 2010 03:55 PM (nxUYP)

267 "So, will anyone on this site call it like it is - D-E-P-R-E-S-S-I-O-N ?" Some financial journalists have been calling it that for the last three months or so. We're in a depression. Prices have been going down, products have been disappearing off the shelvess-signs companies are going under and employees are losing their jobs. It's a minor one, so far, but brace for impact. O is driving this thing right off the fucking cliff. There'a world of pain in front of us.

Posted by: ahem at February 23, 2010 03:56 PM (LvZLQ)

268 256 KDABEAR: Nope, not on either service, sorry. WTR has my e-mail, if you can get in touch with her.  Accounting would be useful - if nothing else, we might have contract projects available. Posted by: Fa Cube Itches at February 23, 2010 07:48 PM

I'm very interested, here's an alternate email I have that won't give away my private information. Send me an email and I'll respond to it with my resume attached. Thanks.

kbdabear@aol.com

Posted by: kbdabear at February 23, 2010 03:56 PM (sYxEE)

269 If this Obama economy turns into an official Depression...can we official name it the O'pression???

Posted by: Neo at February 23, 2010 03:58 PM (tE8FB)

270
@270 you are so late to this thread with that one.

Posted by: Dang Straights at February 23, 2010 03:59 PM (jx9Mt)

271 270 If this Obama economy turns into an official Depression...can we official name it the O'pression???

Posted by: Neo at February 23, 2010 07:58 PM (tE8FB)


I'm already O'pressed

Posted by: Unclefacts, Summoner of Meteors, and Buckets of Scorn for the Left at February 23, 2010 04:00 PM (erIg9)

272 Finance Minister George Papaconstantinou earlier this month urged Greeks with accounts abroad to repatriate their money and said the capital will be taxed at a 5% rate. He said those who choose to keep their money abroad should declare their deposits and pay a tax of 8% for the first six months.

How many here would give a left hand side of a body part to pay only 5 to 8 percent

Posted by: kbdabear at February 23, 2010 04:01 PM (sYxEE)

273 More delicious, cheerful copypasta, this time from seekingalpha.com... Apparently the spread between 30 year mortgages and 30 year Treasury bonds is so anorexic only a madman would buy the mortgages. Which madmen are doing... in our government. Behold: All of these considerations haven't taken into account that a conservative estimate is that 2.4 million foreclosed homes (or short sales) will come to market in 2010. This could add to an inventory problem in the face of lower demand. Rosenberg asks the question in the graph title: Who would be buying mortgages at these levels? Here is a list of the problems: 1. A spread of 0.4% creates a loss for nearly the first two years of the mortgage since underwriting costs average 0.7% (Rosenberg's number). 2. State tax exemptions for Treasuries give many investors a higher after-tax net than mortgages. 3 Mortgages represent a callable security (refis and sales end a mortgage) and Treasuries are not. 4. Mortgages can not have a higher credit rating than Treasuries (and presumably should be lower) so there is no advantage there. So, who would invest in mortgages? Who is your most famous uncle? Yep! The Fed and the Treasury underwrote $1.5 trillion in mortgages in 2009, virtually all that were issued. Who else would buy mortgages at a loss?

Posted by: George Orwell at February 23, 2010 04:02 PM (AZGON)

274

Women on submarines?

I thought submarines were full of seamen?

Posted by: Reader CJ Burch says.. at February 23, 2010 04:05 PM (sJTmU)

275 How much of Obama's "speak softly and forget you have a stick" policy with Iran is due to the fact that modest gas prices are the only thing keeping people civil right now. 

One "incident" that might threaten the supply - and the speculators will drive oil prices thru the roof.

Posted by: Jean at February 23, 2010 04:06 PM (CPefM)

276 How many here would give a left hand side of a body part to pay only 5 to 8 percent

Posted by: kbdabear at February 23, 2010 08:01 PM (sYxEE)

Problem is, I think that's a wealth tax - 5 to 8% of total deposits, not just on the interest earned.

Otherwise, you're right. It would be a great rate. If what i've read is correct, Greece's marginal tax rate seems to top out at 40% for 60,000 euros.

Posted by: Josef K. at February 23, 2010 04:09 PM (7+pP9)

277 Why does o'really allow Combs to get away with so much.  Who the hell is he to tell me what kind of insurance I can buy.  And, btw, if the government controls premiums then the insurance companies will send out mass cancellations and they will get their government insurance company by default.

Posted by: curious at February 23, 2010 04:09 PM (p302b)

278 Posted by: George Orwell at February 23, 2010 08:02 PM (AZGON)

Boy, you are a bundle of joy, today. And you haven't even pasted anything about how the rising interest rates are going to crush housing prices, again, blowing away a couple of trillion more in ilusory wealth or how strapped states are going to go after the wealth with increasing property taxes at the same time.

I can smell the chaos coming ...

Posted by: progressoverpeace at February 23, 2010 04:12 PM (A46hP)

279

128  So if everything goes tits up, the first signal will be a massive movement for everyone to demand cash, not checks or any other paper instrument, in payment for labor or goods.

 

There was a story in the news last couple of days that Citibank was giving itself the option of NOT paying a check when the account holder presents a check.  Checking accts are "demand" accounts as opposed to savings accounts, and checks are supposed to be honored when presented.  Not 7 days later as Citibank is now saying it can do.

Posted by: Boots at February 23, 2010 04:13 PM (06JTY)

280 Those braniacs at ZH scare me.  At least I got 6 weeks notice that my job is kaput. 

Posted by: sybilll at February 23, 2010 04:21 PM (pAT5m)

281 There was a story in the news last couple of days that Citibank was giving itself the option of NOT paying a check when the account holder presents a check.

Wonder if they'll enact that option if a mortgage or loan payment is made with a Citibank check.

Posted by: kbdabear at February 23, 2010 04:21 PM (sYxEE)

282 O/t:  O'really had "Mark Lamont Hill" on again.  Basically the mantra is that "Americans always fight legislation that is good for them and later they will thank us"...translation...you are all too stupid to choose for yourself so we in government want to choose for you.  He also said there is too much organized protest by the right and the left isn't organized enough????   What...the tea party people are regular Americans.  The polls ask regular Americans?  How disconnected is this guy?   Oh right forgot, he's from that bastion, Columbia.

Posted by: curious at February 23, 2010 04:22 PM (p302b)

283 During the summer had to send a check to Canada.  They refused to accept any check from citibank, even the bank check I got.  So I had to wire them cash.  This was a little concerning at the time.  this announcement brought the mess all back.

Posted by: curious at February 23, 2010 04:29 PM (p302b)

284 Fa Cube Itches:

Thanks for your help, you're truly a moron friend

Posted by: kbdabear at February 23, 2010 05:23 PM (sYxEE)

285 But, but, but - the CBO is telling us that the Spendulus created (they didn't even bother with the saved-and-created nonsense) upwards of 2.1 MILLION jobs. http://news.yahoo.com/s/ap/20100223/ap_on_go_co/us_stimulus_jobs Seems to me like someone is lying. Don'cha'know.

Posted by: DocJ at February 23, 2010 06:00 PM (AWzOz)

286 curious - and you still have your money in Citibank?

Posted by: Jean at February 23, 2010 06:03 PM (CPefM)

287 I thought submarines were full of seamen?

Not just submarines.

Posted by: Andrew Sullivan's Head at February 23, 2010 06:11 PM (bU66q)

288 Federal Debt as % of GDP  2006:  64.55  2008:  70.00  2009(projected):  90.36

toby: add freddie/fannie- makes it 130%.  we is fucked.

Posted by: Derak at February 23, 2010 07:51 PM (sPWq2)

289 last!!  11!1111!!!!

Posted by: Derak at February 23, 2010 08:03 PM (sPWq2)

290 How can we lose so many jobs and have unemployment drop?

Simple - the people that exhaust their UI benefits are no longer counted. I expect to become a member of that group in about two months.

Posted by: Blacque Jacques Shellacque at February 23, 2010 11:11 PM (Q75cY)

291 You're missing a figure that would put your commentary in its proper perspective; i.e., as it was reported on Fox, I think that the figure was either 800 or 8,000 companies who laid off 50 or more employees at one time. Do the math using the minimum of just 50, and that was a big figure that the Obama Administration neglected to report, and, of course, a lot of those companies laid off a lot more than 50 of their employees. I would bet, too, that employment is way, way over 10%. This entire administration is comprised of incompetent, compulsive and pathological liars, who spin to put a good face on all of their screw ups.

Posted by: Some get it, some don't at February 24, 2010 06:14 AM (ITzbJ)

292

Can anyone recommend a good brand of safe?  ~Reactionary

Put your financial instrument type valuables in a safe deposit box at a bank, that way the only erosion is through inflation and robbers have to rob the whole bank to get at your box in the vault.

Posted by: Speller at February 24, 2010 08:14 AM (o0R2E)

293 The Democrat party is now the Jobkiller party. May it rest in pieces.

Posted by: FatBaldnSassy at February 24, 2010 08:40 AM (hYr0p)

294 In Omerica, mass layoffs in the nationalized businesses, like GM, will be portrayed as patriotic.

Posted by: K~Bob at February 24, 2010 11:25 AM (9b6FB)

Hide Comments | Add Comment | Refresh | Top

Comments are disabled. Post is locked.
234kb generated in CPU 0.0706, elapsed 0.3124 seconds.
64 queries taking 0.2572 seconds, 422 records returned.
Powered by Minx 1.1.6c-pink.

Support





Donate to Ace of Spades HQ!


Contact

Change the At to "@" and the DOT to "."




Intermarkets' Privacy Policy
Support


Donate to Ace of Spades HQ!


Search Thingy



Archives

Monthly Traffic

  • Pages: 14883
  • Files: 163
  • Bytes: 316.9M
  • CPU Time: 12:14
  • Queries: 370863

Content

  • Posts: 22824
  • Comments: 5953260

Feeds


RSS 2.0 Atom 1.0