1

*BUMPED*

Whoa...Morning Joe show just played a clip of a recording of Jerry Brown calling Meg Whitman a whore

...this could be a game changer folks!!!!

2 So...what time do those wonderful unemployment numbers come out?

3 Monty, that very first link. I glazed over it sparingly for 30 seconds before gagging began. I could not absorb it enough to get the full story but I'll take your word for it. Did I miss something? Was this an Iowahawk spoof? Coddington Voorhees?

4 Whoa...Morning Joe show just played a clip of a recording of Jerry Brown calling Meg Whitman a whore

That is outrageous!  We will not stand for this kind of sexism.

Wait...Jerry Brown is a Democrat, right?

Never mind.

5 #1  Here's the clip (found on YouTube).

I don't know if it'll be a "game-changer"; a) Jerry Brown himself didn't say it and b) These are Cali voters, but the clip definitely illustrates what scumbags Brown's Ad team are. 

#2 
The Employment Situation for September is scheduled to be released on Friday, October 8, 2010, at 8:30 a.m. (EDT).

6 yee hah!  early a.m. post.  bless you Monty

7 even though the post is pretty depressing, we still crave it!

8 I live in a village of about 3500 souls.  The mayor came to speak at a breakfast club meeting yesterday.

There are a total of about 90 village employees, all members of various unions, the largest being the police force with a total of 21.  That is 21 for a village of 3500. 

Health care costs for the cops goes up 22 percent this next year, and about 18 percent for the rest.

Not all the 90 are full-time employees, but many are.

The grand total number at the last page of the assessment rolls went down in this past cycle by 8 million dollars.

9 This was the most readable and enjoyable post of my morning. Nicely done, Monty!

10 The debtor's prison story?  Unadulterated bullshit.  Reason has the credibility of Alex Jones, anymore.  They've gone cuckoo for Cocoa-Puffs^®.

11 Ahh... doom.  Gloom.  Yes, good to have you back Monty.  For a while there I was starting to get a cheery outlook.  Lol..

12 I live in a village of about 3500 souls.  The mayor came to speak at a breakfast club meeting yesterday.

There are a total of about 90 village employees, all members of various unions, the largest being the police force with a total of 21.  That is 21 for a village of 3500.

Move.  I did.  There's nothing worse than big government in a small town.

13

They've gone cuckoo for Cocoa-Puffs^®.

Well they'd better eat as many as they can now, once the first Wookie get's her way they won't be allowed to buy them anymore, considering the nutritional value of Cocoa Puffs.

So unless they can go cuckoo for wheat germ or tofu, their screwed.

 

14
Not sure it's a game changer, because in democrat political circles, the word whore can be used as a sign of respect.

For instance:  Barney Fwank didn't fall for the conservative rhetoric of his opponent, but simply stuck with his time-tested whorish principles that have served him and his constituents so well. 

15

Not sure it's a game changer, because in democrat political circles, the word whore can be used as a sign of respect.

Of course I sold my vote on Obamacare in exchange for a huge kickback.  I'm a senator, that's what were supposed to do...

Hmm.. yup, guess you have a point there.. lol

16 btw Herr, I couldn't tell which county the "I can't live without national heath insurance" car with Ohio tags originated from.  

17
"Sure the employment numbers are far from optimum, but this administration has formed a solid and reliable foundation upon which the United States Government will continue to create and provide jobs for thousands of Americans disenfranchised by conservative policies. 

Barack and I are remain committed in our effort to create the perfect society named Otopia, but not to be confused with the outmoded Utopia, upon which our great country will prosper with jobs and riches for the proletariat with only a small smattering of success awarded to the creators of this miracle, The Washington Ruling Class of bureaucrats, ABC, NBC, CBS, CNN, Maureen Dowd, Barbra Streisand, and Hugo Chavez.  Also, as an aside, fuck Fox News.

-Sheriff Joe Biden

18 Drudge already  has the flashing light up for the unemployment numbers, even though they won't be out until five minutes from now.

19 O/T MI-08 Rossman Group Steele: 44% Dingell: 40% Dingell is "likely Dem" and has been in congress for 20+ years

20 That sock sucks.

21 Reality will force an attitude-change, but slowly and with much angst and social upheaval.

And chaos.  You haven't seen a fight until you threaten to take away, or at least cut back, generous bennies that government workers feel that they are entitled to for their 2 years of hard work.  See the riots in Greece as an example.

22 HOOOOOOLY SHIT RASMUSSEN ROSSI 49% MURRAY 46% This shifts the average for WA SEN to Rossi. RCP will be showing the senate now at +10 for the first time since October 2006 they will be projecting a Republian-majority senate.

23 That music makes me want to grab a machine gun and some plasmids to kill some splicers for their ADAM.

24 Gee, the people of the moonbeam sure talk tough. Moonbeam is using All Red for his own satisfaction, guess that makes him a whoremonger, but it's California so who cares. All Red seems to be enjoying it.

25 And the new unemployment number falls to 9.6%!

WTF?

26 HAHAHAHAHAHAHAHAHA!  Unemployment numbers have been rigged to 9.6%.  95,000 jobs lost but the Unemployment rate is dropping!  Recovery Fall has begun! 

27 And the new unemployment number falls to 9.6%!

Heh.

28 Ooops! Unemployment remains the same (9.6%) with a job loss of 95,000.

Still, WTF? We continue to lose jobs but the unemployment rate never rises. Somebody has to be cooking the books.

29
Oh, I get it, 9.6 is the new 10.1!  It's called liberal math.

30

What kind of tool won't hear that the statists have manipulated the data? Oh nevermind.......

31 Shock Poll: John Dingell (D-MI) Down 4 Points To GOP Challenger In... DETROIT!

32
As the last reporting period prior to the election, Barack and Co. had to rig the numbers.  In late November, the numbers will be restated to a more accurate accounting, this after great deliberation and forethought.

33 Ditto on Herr Morgenholz. The debtor's prison angle is horseshit and the writer knows fuck-all about the debt-buying industry. Default judgments are so common because most true "deadbeats" just don't give a fuck. You're not just buying a spreadsheet with names and amounts. You're also buying whatever original media you can negotiate in the purchase agreement, with additional media requests being paid for at a fixed price. There's a lot of bad information about debt collection on the internet. "Show me my signature on the contract. You can't PROVE I owe any money." Great, what's your fax number, asshole? Stand by for the surprise of your fucking life. This conversation isn't going anything like the asshole who sold you his "debt elimination program" told it would, is it?

34

These Unemployment numbers are a big F'n deal!  (pop pop pop pop) Is this thing on?  You're the dullest audience I've ever spoken to.

35 And the new unemployment number falls to 9.6%!

SURPRISE!!

36 Isn't the UE actually 9.7% , not 9.6%?

The jobless rate rose to 9.7 percent from 9.6 percent in August, according to the median estimate of 83 economists surveyed by Bloomberg News. Payrolls excluding government agencies rose by 75,000, while a drop in public staffing as the decennial census wound down caused total hiring to decline for a fourth straight month, the report may also show.

37
These unemployment numbers underscores the great leadership of President Obama.

38 Teach our children well

39
I don't know anyone that's unemployed!

40 Oh, almost forgot. DOOOOOOOMMM!!! That's better.

41 This conversation isn't going anything like the asshole who sold you his "debt elimination program" told it would, is it? That's one thing I've really noticed in the past couple of years: my local AM radio stations run those "get out of debt NOW!!" ads all the time. Or "Turn Debt Into Wealth!!". I always think: Who falls for this shit? But apparently, lots of people do. A friend of mine many years ago got in deep with his credit cards and turned to one of those "credit counseling agencies". He was rather shocked to find that a) they charge for the service, and it aint' cheap; and b) they really only care about credit-card debt...because they are actually owned by the credit-card company. Got mortgage debt, car-loan debt, student-loan debt, leins, or judgements against you? Too bad. All they cared about was the credit card debt -- they wanted to squeeze every nickel out of him that they could. He ended up having to declare bankruptcy anyway, after shoveling several thousand dollars of good money after bad. The old adage is true, kids. If it sounds too good to be true, it probably is. There is no "royal road" to debt relief other than, you know, paying off the debt.

42

Those numbers.... they're all so...

Unexpected.

Sigh

43 From my local newspaper today to all of you to laugh at, because I'm a giver:

Writer takes issue with tea party, GOP actions

There are several things that bother me and some of my acquaintances. First, we have discussed the tea party movement and wonder for what it really stands.

Its participants look just plain silly with tea bags hanging off their hats. But the signs they carry and the yelling about wanting their country back really bother us. They are an insult to the memory of those brave souls who put their lives on the line when they dumped tea into Boston Harbor.

The signs are malicious and hurtful and, to me, speak of racism, pure and simple. I remind all that the president’s mother and the grandparents who raised him were white, and his grandfather was a veteran of World War II. That never seems to come up. How many of these people have served their country or have had relatives do so? Have they forgotten the thousands of wonderful people who have died in the last eight years – is this what they want? Answers, please.

Ever since the election, the Republican Party has made no bones about not cooperating with the Obama administration. They all sat on their hands during the vote for health care, so smug, knowing full well that each of them is covered with the best care. If they have so much as a hangnail, they can go to Walter Reed or Bethesda hospitals and will get the best. John Doe, who just lost his job and his health care, is not so lucky. Emergency rooms are overcrowded and the staffs are worked to the point of exhaustion.

Then we have the talking heads, the would-be leaders of the Republican Party: Rush Limbaugh, Glenn Beck, Sarah Palin. What are their qualifications? They spout out half-truths and out-and-out lies. Remember the heartless way Limbaugh ridiculed Michael J. Fox when he appeared before Congress to ask for help for ParkinsonÂ’s patients? Or Beck, taking over the Washington Mall the day it should have been dedicated to Martin Luther King Jr.? If this is the new Republican Party, God help us.

Presidents Taft and Eisenhower, U.S. Sen. Everett Dirksen, etc., must be rolling over in their graves. The Republican Party has tried to destroy every program that would help the people. You and I probably do not count.

I am not just an embittered citizen. I am the proud mother of two veteran sons, one who served in the Vietnam fiasco, and the other on an ammunition ship in the first Gulf War.

As a retired nurse, I pray that the health care bill remains in place and other programs for the people go ahead.

44 Good post Monty.

45 In short, warned a recent Government Accountability Office report: "USPS's business model is not viable."

Kind of related.  Did you know that the USAF runs hotels across the country, not just to use as billets but for use by the general public and for profit?  Mr Y-not learned this yesterday and it got me thinking maybe we should ask the USAF to run the post office.  If nothing else, I know I'd rather see some smartly dressed AF personnel deliver my mail instead of those goofy folks in shorts and safari hats! 

46
Florida 22

Klein  48  D
West  43  R

With large numbers of Joo's in the district, it's going to be uphill for West to take this seat.  Retirement places such as Century Village are almost 100% for the D no matter who runs. 

47 @1

That's "good" news!  What was the context? 

I realized that I haven't really done anything to preclude voting in CA this time.  We still have a house there that we've slept in recently and I haven't changed over my DL or registered here or worked here.  So I'm going to vote absentee in CA.  Hubby thinks I'm nuts, but it just doesn't seem right to *not* vote in CA and try to help them get back on track. 

(btw, beedubya, I finally replied to your email.  sorry to be so slow.)

48 I was sure Larry Hagman was dead.

49

Also it seems the government has been lying to us for the last year.

go figure

The government revised data for July and August to show 15,000 more jobs lost that previously reported. It also said its preliminary benchmark revision estimate indicated employment in the 12 months to March had been overstated by 366,000.

http://tinyurl.com/2a6hvjs

 

50 Attention Ohioans:

I visited my local Republican HQ yesterday and it was dead.  Really dead.  I asked them why I was the only one in the damn place and if it has been like this for weeks.  They told me that they are getting lots of phone calls and e-mails asking them to mail/e-mail them with things they can do, signs they can put up, etc., but that most people are refusing to go into their HQs because of the political climate.  My local scuttlebutt is that: They are afraid to let anyone know they are supporting Rs because of the shakedowns already happening within union shops, schools (teachers), etc.  People's jobs and property have been threatened.

Is it like this all over the country?  Or is it just in major Obama supporting incumbent-going to upset by an R states?

I was told by the HQ that they really need help.  So if you can manage it, help them out.

51 I was sure Larry Hagman was dead. He was only mostly dead.

52 Man Ed, that letter made me feel stupider after reading it. I feel bad for that person for displaying their idiocy to the world.

Speaking of displaying their idiocies, I was hoping some financial morons could put me some f'ing knowledge on QEII.

I have been off and on again looking for a first home (ideally a small house or a condo in around the $100,000 range, offerings not being great given the availability in my area of Northeastern MA/Southern NH). If and when the QE bomb drops, is it a better idea to go for a place before this happens, after, or does it really not matter in the long run of things? Assuming all things equal (I don't lose my job in the next few years, the country doesn't explode, etc).

53 OK, I listened to the Brown link.  Yeah, I'm not sure the impact of his aide saying it, but I will say this.  The man (Brown) sounds feeble.  Senile even.  Bad dentures or heavily medicated.  Honestly, he makes McCain seem like a 20 year old.  I doubt he'll live out his term.

54 At Gunpoint, Man Forces Girlfriend to Abortion Clinic, Say Ohio Cops

55 OT - FOX News just teased that a high ranking Brown campaign advisor was caught on tape talking to a union group and refering to Meg Whitman with a term "usually reserved for prostitutes." Hopefully this will swing the numbers some in a close election.

56

That list of folks nobody knows...

http://tinyurl.com/26saqer

just got 95k longer.

57 Have Blue,

beedubya said MSNBC already played it.  Here's the link from Kratos. 

5 #1  Here's the clip (found on YouTube).

58 Slowdown in Shallow-Water Drilling Could Cost Gulf Economy $4.3 Billion

Obama, he's gonna saves us all...

59

Just to be clear,  inchoate rage - that's the bad kind, right?

 

60

Oct. 8 (Bloomberg) -- The U.S. lost more jobs than forecast in September, reflecting a decline in government payrolls that shows the damage being done by rising fiscal deficits.

Employers cut staffing by 95,000 workers after a revised 57,000 decrease in August, Labor Department figures in Washington showed today. The median estimate of economists surveyed by Bloomberg News called for a 5,000 drop. The unemployment rate unexpectedly held at 9.6 percent.

Who can believe these numbers any more? This is Soviet style number manipulation. Why don't they just go all out and say unemployment dropped to 5%?

61 I was hoping some financial morons could put me some f'ing knowledge on QEII It boils down to the Fed printing new money and then using that new money to buy Treasurys (bonds) or other assets. It's still inflation, still debasement of the currency. You can read a WSJ blog entry here for arguments against it. Basically, investors won't be fooled twice. Markets will probably pretty much ignore QEII, which means most of that loose cash will instead fatten up the public sector even more.

62 Monty - French Foreign Legion used to be an option

63 Good Morning Monty

Love that helicopter story as well. But it really only costs about $150/hr to rent a chopper for a "ride" so Debenshire in his 20 minutes cost them $50.

As for Greece, I had figured they would collapse before the summer was over. There must be some money going in there that we don't know about.

Notorization Bill?

Some House and Senate staffers said the Senate committee had let the bills languish because of concerns that they would interfere with individual state's rights to regulate notarizations.

Senate staffers familiar with the judiciary committee's actions said the latest one passed by the House seemed destined for the same fate. But shortly before the Senate's recess, Judiciary Committee Chairman Patrick Leahy pressed to have the bill rushed through the special procedure, after Leahy "constituents" called him and pressed for passage.

If so many of these bills have been passed in the House why is this the first time we are hearing about it? Another federal power grab and you can bet if Leahy is for it it is a piece of shit. I don't recall seeing the power to regulate notaries in my copy of the Constitution.

Every time I see some article about people in the U.S. not "saving enough" I want to spit. People do save in the U.S. when they can afford it. Its just that the idiots who are grinding these axes don't count all the ways that people save. There is a reason for that.

Re: Chinese markets, yes all we need right now to complete the conversion to the second great depression is a trade war.

Actual unemployment? If we counted it today the same way it was counted in the 30s it would be over 20%. No numbers coming out of Washington are worth a damn anymore.

Funny, my first statement was about why Greece had no collapsed yet and here halfway through the post it is explained. There was money going in there and as the old saying goes "borrow a thousand and the bank owns you, borrow a million and you own the bank".

CA is still thinking "federal bailout". Fk Arnold and his horse.

Bessie Smith and depression era songs. We need to get used to those again.

64

Remember Obama's visit ti Elkhart, Indiana? Yeah, surprising The Guardian (UK) does too.

Well worth the read and the forwarding to all you Obama-bot friends idiots.

Fourteen months on, fewer than a dozen of the 700 promised jobs have appeared – and there is no sign of the promised $39m grant. An additional $44m in government loan guarantees has also failed to materialise.

The recovery funds that did flow in, such as the $4m for a 1,800m (6,000ft) runway for a local airport that gets no commercial traffic and is only open to private jets, have come under attack from conservatives.

But it is the sharp disparity between Obama's grand vision of green jobs and 13.5% unemployment that has soured Elkhart's view of the president and his fellow Democrats now running for election in Congress and in the state.

"He came here making big promises and people believed he would deliver on the promises he made here, and green industry hasn't followed to any great extent," said Gregory Halling, editor of the local newspaper, the Elkhart Truth. "There is a lot of disillusion with the president."

Navistar, the trucking giant that took over the bankrupt factory, said it had hired just 10 or 12 workers to build the electric vans. It has built 10 or 11 so far.

That's nowhere near the 700 jobs it promised and nowhere near the grand vision articulated by Obama in his visits to Elkhart as candidate and president.

65

I'm sure this got covered, but last night on Fox, a dem strategist said that WH insiders that he has talked to says that Barry essentially does'nt give a rip about what is happening in the economy or to the country and that he his going ahead with his agenda no matter what.

Barry to America,  "F--k you!  And that goes for all of the nitwits that voted for me too."

66 Sweet Baby Jesus! An early morning thread! It's like Christmas!!

67 @23 Gotta love old-timey music. Google "Radio Dismuke" for a heaping helping.

And remember: A man chooses! A slave obeys!

68

That's nowhere near the 700 jobs it promised and nowhere near the grand vision articulated by Obama in his visits to Elkhart as candidate and president.

Posted by: momma at October 08, 2010 09:13 AM (penCf)

 

I'm sure the US media will be all over ignore this story

69 I gotta mean fastball. It drives catchers nuts.

70 Monty, On Oct. 27, a lot of those debt settlement companies are going out of business. This is their model: they tell people - A) stop paying your debts B) send those payments to us instead, and we'll put them in a "settlement trust account, which we manage C) once several months go by without any payments, your creditors will be so desperate to recover some money that they'll call you BEGGING to settle for pennies on the dollar. D) now you've got a house full of shit you don't pay for E) WIN! A few problems with that scenario: 1) The debt settlement co. is charging you usually at least 15% of the total debt you owe, not what they save you 2) You owe them that money whether they settle the debt or not 3) Those payments going to your "settlement trust account?" They're going to pay that 15% fee FIRST, plus fees for managing your account 4) Creditors get pissy when you stiff them. They'll send your account to collections, sell it to a debt buyer, and either one of those may sue you if you don't pay your debt. 5) Your credit report now looks like Joe Shit the Ragman's, because you turned "late" bills into "charged off" status Say you owe $50K. Your fucking shenanigans end up getting you sued for that $50K, court costs and attorney fees which will accumulate interest at the statutory rate for 10 or 20 years, with renewals for another 10 years available. On top of that, YOU STILL OWE $7500 to the debt settlement company, who may also sue you. Gee, thanks, Debt Adjusters Freedom Financial Force, LLC! I appreciate the bruises and you can keep the stool samples.

71 #48 Theres good reason to keep hope alive for California, the election is still over 3 weeks away and Brown looks more and more senile every day. Better still- Boxer is currently underperforming Brown. I think Fiorina's ads might be helping (unlike Whitman who is having diminishing returns on her spending) If we can dump Boxer and we flip a few house seats (and we pass I think its prop 20 which preserves the independent congressional district committee) I can take that as consolation if Moonbeam somehow wins here. I get tired of all the assholes though constantly saying "oh fuck them then" as if of the 38 million people that live here we all just loooove whats happening and if we dont we all have the money and means to just get up and move. Obama's economy has taken good care of that unfortunately.

72 Democrats way up in latest Quinnipiac pollthis goes along with my comment #51.  At least in Ohio, people's jobs and property have been threatened if they support an R.  Esp. in schools, hospitals (unions), and union work places.

73

I don't know if it'll be a "game-changer"; a) Jerry Brown himself didn't say it and b) These are Cali voters, but the clip definitely illustrates what scumbags Brown's Ad team are. 

Listen closely...Brown does say it. too. Don't fall for the MFM spin that it is some "unidentified aide"...

...and it's a game changer if we make it a game changer!!!

From Big Government:

UPDATE:  At 10:58 PM, the Times published another article with the headline "Brown or Aide is heard slurring Whitman" When the Times first broke the story, they had only reported that a Brown “associate” had used the slur, but now they are acknowledging the possibility that it was Brown himself who called the California GOPÂ’s gubernatorial nominee a “whore.”  A third possibility still is that both Brown and an aide used the offensive language to describe Whitman.

UPDATE II: Los AngelesÂ’s KCAL9 news attributes the word "whore" to BrownA transcript of the conversation authorized by the LA Police Protective League and transcribed by a registered court reporter identifies the voice that said the word “whore” as “J.B.” for Jerry Brown.

74 I'm sure this got covered, but last night on Fox, a dem strategist said that WH insiders that he has talked to says that Barry essentially does'nt give a rip about what is happening in the economy or to the country and that he his going ahead with his agenda no matter what. I forget who posted it in the book thread last Sunday, but C. S. Lewis had a memorable quote about that: "Of all tyrannies a tyranny sincerely exercised for the good of its victim may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busybodies. The robber baronÂ’s cruelty may sometimes sleep, his cupidity may at some point be satiated, but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience."

75 Love your morning threads Monty, appreciate the hard work and thought that goes into keeping us morons up to date.

76 ;">@74
;"> ;">If we can dump Boxer and we flip a few house seats (and we pass I think its prop 20 which preserves the independent congressional district committee) I can take that as consolation if Moonbeam somehow wins here.

Yeah, but I still want to see Whitman win.  If Brown wins, I'm afraid there's no chance for the CA economy... and I have a house on the market out there.  Call me selfish, but I'd like to see CA have at least a semblance of a rebound at least as long as it takes to unload this house. 

77 Oh, and Monty. I'd like to see you address the currency controls that were hidden in the HIRE Act. With Otard printing doillars as fast as he can, they're trying to make sure you can't find safety in a stronger currency.

78

From the Department of Labor:

The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) rose by 612,000 over the month to 9.5 million.

About 2.5 million persons were marginally attached to the labor force in September, up from 2.2 million a year earlier. (The data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey.

 

Among the marginally attached, there were 1.2 million discouraged workers in September, an increase of 503,000 from a year earlier.

 

Yep, the car is out of the ditch alright

79 from Gallup- Likely Voters Demographically Typical, but Skew Conservative Majority of likely voters are conservative and identify as or lean Republican how big of a gap? GALLUP'S LIKELY VOTER MODEL CONSERVATIVE 54% MODERATE 27% LIBERAL 18% Theres a percent missing there but im sure they rounded oddly for that. Still, for every 1 liberal, 3 conservatives this cycle. Get more bullish, open the checkbooks grab the phones and give the eeyores the mouthgags and concrete shoes.

80 My target for Au was $1400 and I think we've gotten close enough to that for my own self, anyway. It took a hell of a lot longer than I thought it would! but it's still nice to be right. I came up with that years ago and everyone said I was nuts! (could go over $1500, even, but I'm not greedy.) staying in silver, however.

81 The shade of General Epaminondas looks at you losers and shakes his ghostly fists in inchoate rage.

AoSHQ: Come for the pudding and Val-U-Rite, stay for the classical allusions!

82 #79 Oh believe me. I wish Whitman had supported Prop 23 AND az 1070. She would be up by 7 or 8 points. But she waffled so damn much Brown found several opportunities to exploit it, and its pathetic. He has early stage alzheimers and it grows more and more obvious every day. Sad no one admits it.

83 80. wait, what?!?!? that sounds not of the good. trying to stop smart people from buying Swiss Francs?

84 a dem strategist said that WH insiders that he has talked to says that Barry essentially does'nt give a rip about what is happening in the economy or to the country and that he his going ahead with his agenda no matter what.

This is what I've thought all along.  Whatever happens in Nov., this Marxist isn't going to change.  He's full steam ahead with his commie America plans.  So, that leaves me to ask more informed morons than I...what are the limitations on his use of Executive Orders?  How/when/why are they used?  How much shit can he ram through this way?

85 I am not just an embittered citizen. I am the proud mother of two veteran sons, one who served in the Vietnam fiasco, and the other on an ammunition ship in the first Gulf War.

LOL, now we have a "mama veteran concern troll", and one who throws the race card as well. After all, the Tea Party is racist right?

86 Empire of Jeff: The problem with the scenario you outlined above (which is entirely accurate) is this: credit (at least until recently) was still easy to get even if you had a lousy credit-history. Due-diligence is out the window for loan originators because they don't keep the loans themselves -- they broker the loans to other entities, who package them into securities. It's the MBS fiasco all over again. What's the point of QE, after all? To make sure that banks get lots of money to loan out. The government wants to make sure that money is actually being loaned out and not hoarded. So there is pressure to reduce the lending standards. Which in turn causes many people to take on debt (even at near-zero interest rates) that they can't afford and can't pay back. And so it goes. That's why QE is a fucking waste of time -- it's actually causing the very problem it's trying to solve.

87 If Brown wins, I'm afraid there's no chance for the CA economy I hate to break it to you but Callie is completely fucked no matter who wins. The die has been cast. The debts are so huge, and the political environment so screwed up, that there really is no workable way to fix the problem. The only real alternative now is a managed collapse followed by a recovery, or a chaotic implosion followed by...DOOM.

88 Lady in Black - don't worry about EO, worry about regulatory power and the man behind the curtain - Mr. Cass Sunstein.

89 @90
I disagree. 
CA has unique features that, if harnessed correctly, can be exploited to rebound.  If Meg gets in she'll work to bring businesses back.  Now, she really needs to stiffen up on immigration so the money earned doesn't go down a shit hole to support illegals, but I still think there will be an improvement if she wins. 

90 There's an old adage I was taught years ago, Monty: "Cheap money is stupid money." No one wants to take their medicine. That's the problem. The reality is that we ALL have to take our medicine. Take your Robitussin now, or you're getting a white-hot shot of chemo up the ass later, your choice. Me, I prefer the grape flavored 'tussin.

91 Here's a novel, common sensical view on debt, DON"T BORROW MONEY.  I married a shopaholic, who at the time had massive credit card debt, I cut up all the credit cards and paid them off, that was ten years ago,  Funny how much money you can save when your not paying 20 plus percent interest to Citibank.  If we can't afford something, we don't buy it, or we pull cash out of savings if it is a necessity.

92 CA has unique features that, if harnessed correctly, can be exploited to rebound. I doubt it. The tax environment and the Democrat-Union controlled state legislature will combine to strangle any significant reforms a-borning. Retrenchment will not happen because California has too many employees sucking from the public tit, and they cannot reduce the payouts to retirees by law. The failure is baked into the cake at this point. If you draw trendlines out 50 years based on California's population (the tax base), their liabilities (particularly public-employee pensions and healthcare, and Medicaid), and the jobs environment, there is nothing on the horizon to inspire hope. California's past engines of wealth-creation -- agriculture, aerospace, entertainment, and tech -- are either moribund or moving elsewhere. My own recommendation would be for California to convene a state convention and just re-think the whole thing: a new state constitution, the works. I'd split the state into two and maybe even three pieces: north, south, and west. Start over and see if they can make it work this time.

93 Beerologist, your refusal to take part in our economic recovery is unAmerican. Start borrowing or report for reeducation.

94 Posted by: Y-not at October 08, 2010 08:54 AM (osFsP)

Or simply hold the USPS to their original charter which was to deliver 1st class mail. Let UPS and FedEx do what they do best. The post office uses revenue from 1st class to subsidize their other operations, which are so unbelievably inefficient that it boggles the mind.

95 CA has unique features that, if harnessed correctly, can be exploited to rebound.

The only way CA will ever rebound is if by some miracle conservatives take over the legislature and repeal 50 years of idiot laws.

That is not going to happen. CA has become the Statewide version of the the "urban blight" culture. All the tax paying people and industry are leaving and have been for a long time. The only people coming in the State are deadbeats and illegals.

96 Posted by: beerologist at October 08, 2010 09:39 AM (kTd8J)

What are you, some kind of subversive?

97 So many pessimists! 

:-)

98 Or simply hold the USPS to their original charter which was to deliver 1st class mail. Even if that were likely (which it's not), it would only accelerate the USPS's demise. Why? Legacy costs. All those post offices, trucks, sorting centers, and hundreds of thousands of public servants -- all of whom have health and pension benefits that have to be funded and paid out. USPS is in the same position as GM was: it's a pension fund that has a mail-delivery sideline. Except that the USPS is a (quasi) government entity, so it never actually fails or goes bankrupt, it just staggers on for year after year, hemorrhaging money from every orifice. Which is then replenished from our tax dollars.

99 Posted by: Monty at October 08, 2010 09:52 AM (4Pleu)

I disagree. Cutting package delivery, packaging sales, passport photo services, and all of the other crap that they are involved with would put them in a position to actually make money on the remaining business. The losses from the other stuff are huge. Their cash flow, with the usual government subsidy, would be sufficient to run the operations and pay the legacy costs. But those costs would decrease every year, and the business would gradually become self-sufficient.

And yes, it's a pipe dream.

100 Before the Republicans started giving away money to their fat-cat friends, the USPS was a profitable and happy place, where postal carriers ran beside chocolate rivers, and would laugh and play, with gumdrop smiles!

101 I disagree. Cutting package delivery, packaging sales, passport photo services, and all of the other crap that they are involved with would put them in a position to actually make money on the remaining business. In what way? If they cut out 50% of their business, won't they be massively overstaffed? All those public servants can't just be fired, you know. Plus their benefits are mostly vested, so laying them off doesn't really solve the entitlement problem anyway. The fixed costs would kill them -- they barely get by on the revenue they have now. Cut it in half, and they'd drown immediately. And what about all the facilities and assets the USPS owns -- planes, trucks, buildings, sorting-centers, etc. -- that would be made redundant in your scenario. They're all a drag on the USPS's books, and would have to be either sold or depreciated down to zero. Selling the buildings and stuff at any kind of a profit is a pipe-dream now and probably for a long time to come (though they could probably sell the planes and trucks easily enough). I can't see how the USPS can recover without a bankruptcy, massive layoff, and restructuring of obligations like pensions and healthcare for existing retirees. And even then, the culture of the USPS is completely at odds with what they'd need to succeed in a globalized marketplace (look at how FedEx and UPS have killed them in the package delivery business; the same thing would happen in letters if their first class mail monopoly was broken).

102 The Postal Service is established in the Constitution. But the Constitution is a living document, so we can just get rid of all those useless government jobs, right? Right? Ohh... It's not LIVING-living.

103 If they cut out 50% of their business, won't they be massively overstaffed? All those public servants can't just be fired, you know.

PATCO!

Of course you are correct. But just ending the current over-staffing will cut salary costs enough for them to muddle through. I am not suggesting that they will become a vibrant aggressive business overnight. In fact, I doubt they will ever be efficient as defined by UPS or FedEx. But losing several billion dollars each year is untenable.

104 But losing several billion dollars each year is untenable. Maybe...but with federal subsidies, they can bleed for a hell of a long time. The USPS has lost money in (IIRC) 28 of the last 34 years. If everyone agrees that the USPS must be kept around for some reason, then just nationalize it again and do away with the pretense that it is any kind of actual business.

105 The only thing get in the mail anymore in order of volume is:

1) Junk mail (hard spam)
2) Bills
3) Occasional delivery of stuff from Amazon when I qualify for "free delivery". If I pay for delivery it comes via UPS.

Yes, I could do w/o the USPS.

106 Speaking of lying asshole Democrat eco-tards, and CA.

http://tinyurl.com/24fjbge

Overestimate fueled state's landmark diesel law

California grossly miscalculated pollution levels in a scientific analysis used to toughen the state's clean-air standards, and scientists have spent the past several months revising data and planning a significant weakening of the landmark regulation, The Chronicle has found.

It was off by 340%. That is not an "honest mistake". This is the same kind of shit that goes on with the AGW scam any time someone gets to actually see their numbers and how they get them.

And what are they talking about doing? Revising the law! In a sane world the law would be repealed and the authors of the calculation would go to jail. But not in CA.

107

Stamps used to be three cents. Postcards were only a penny!

108 From my local newspaper today to all of you to laugh at, because I'm a giver:

Writer takes issue with tea party, GOP actions

You think this letter is stupid? If it appeared in my newspaper, it would be considered erudite compared to the shit written by local lefty dumbasses who like to see their names in print.

109 Cramer compounded his investors' funds for over 30% gross for over a decade -let me know if you're half as good and I'll seed you with more money than you can dream of.

110 112 Stamps used to be three cents. Postcards were only a penny! --------------- And we used to wear onions on our belts. That was the style back then.

111 And we used to wear onions on our belts. That was the style back then.

Posted by: Grampa Simpson at October 08, 2010 12:36 PM (6fER6)

Hey, I remember when stamps were only 3 cents.

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