1 The God Emperor's presser yesterday did not impress the S&P:

US unlikely to regain AAA rating soon, says S&P

2

Thanks to the pension crisis, the public sector should prepare for a "lost decade of pay increases"

Thanks I already have.

3 Repost because anything about George spells DOOM:

Best justice department money can buy.  Just ask George.

4 Those kittehs cut Monty off in mid-thought

5 S&P continues the downgrades

The much awaited cut by S&P of thousands of municipal bonds following its August 5 downgrade of the US has arrived.

6

Repost because anything about George spells DOOM:

So this really is the summer of George!

7 I've clicked on seven different media stories about the London riots - not one of them have comments available or turned on. Hmmmmmmm....

8 I was just thinking about that CALPERS 20% gains brag yesterday. Have they issued a follow up statement to the effect 'Oops, our bad' yet?
 
I didn't think so.
 
My money is on the black cat btw.

9 Oh, and "Obama's War on Prosperity." No point to make, I just feel like saying it.

10 Hey!  Who's selling all the silver? 

No idea.

11 Glad you took a swipe at Larry Kudlow.  Honestly, if one were to follow Larry's advice you would be fucking broke.  Ten times over.

12 PoP, do you have a link to where you buy silver? TIA.

13 "Governments around the world, unable to stimulate their economies and get their houses in order, have gradually lost the trust of the business and financial communities.

That, in turn, has caused a sharp reduction in private sector spending and investing, causing a vicious circle that leads to high unemployment and sluggish growth. Markets and banks, in this case, are victims, not perpetrators."

 

Raise TAXES! Raise TAXES! NOW!  waaaaaa!

14 My money is on the black cat btw.

Posted by: GnuBreed

 

Fighting a part ginger cat? In his own twig lair? Dream on.

15 didn't bother reading the Kudlow thing, but just one reaction:
Ha ha!

16 Nancy Pelosi and cohorts hid another CrackerJack prize in the OblablaCare legislation. Don't worry, it only amounts to another $50 billion a year or so:
 
Federal payments required by President Barack ObamaÂ’s health care law are being understated by as much as $50 billion per year because official budget forecasts ignore the cost of insuring many employeesÂ’ spouses and children, according to a new analysis. The result could cost the U.S. Treasury hundreds of billions of dollars during the first ten years of the new health care lawÂ’s implementation.

17 Interesting piece from the American Thinker:

Big Government's Big Spending Has Boosted Inflation and Killed 3.5 Million Jobs

A sample paragraph:

The Fed's foolishness has weakened job markets. A former president of the Atlanta Federal Reserve Bank, William Ford, and an American Institute for Economic Research fellow, Polina Vlasenko, point out that Bernanke's tactics have depressed the interest income of people who rely on savings accounts, CDs, money market funds, Treasury and municipal bonds, and variable annuities. As a result, individuals' income losses are huge. Ford and Vlasenko calculate that quantitative easing most likely caused a $371 billion reduction in personal annual spending, a 2.53 percent reduction in total economic output (gross domestic product, or "GDP"), and a loss of 3.5 million jobs.

18 Clearly we need to raise taxes on greedy rich people, corporations, and anyone who isn't a leftwing asshole. We can leave Hollywood and George Soros out of the tax hikes.

19 My money is on the black cat btw.

Posted by: GnuBreed

 

Now if he had a longbow, that'd be a different story. And thumbs. They help.

20 not to get all "doom" but how much of this crap is even reversible?

21 PelosiCare: The CBO fucked us over by letting the corrutpocrats(D) game it.

22 Kudlow gives me a frickin' headache with his reflexive outbursts. It's like financial Tourette's.

23 My money is on the black cat btw.

Posted by: GnuBreed at August 09, 2011 08:58 AM (ENKCw)

I have a black cat...you're right.

24 Pudlow is the absolute worse.  Can the conservative movement divorce him?  Was he smarter when he was on drugs because the sober version is an idiot.

25 tami i have an orange cat......you are right......

26

Al Gore; comfortable at the edge of the cliff.

27

Nancy Pelosi and cohorts hid another CrackerJack prize in the OblablaCare legislation

That represents some absolutely piss fucking poor staff work on the part of both CBO and professional Hill staffers.

That's what you get when you turn the heat up higher to bake the cake faster.

Or when liberals are in charge.  Either or.

28 We need to remove more money from private citizens and private investments and give it to the wonderful all-knowing state.

29 >>Fighting a part ginger cat? I walked by a ginger family yesterday, ginger mom, ginger dad with a ginger tot in a stroller. Pure, undiluted evil. I took it as a sign of the apocalypse.

30 I was in the elevator with one of my brain-addled libbo neighbors, an NYU professor (but I repeat myself), and he was trying to explain why raising taxes was good and that he wouldn't mind actually paying more. As the door opened up on the lobby, I told him "great, you can pay mine." The son got the message and the father was none-too-pleased. Heh!

31 He's balled up in the corner, sucking his thumb:

amandacarpenter Amanda Carpenter
POTUS cancels visit to moving company today -- WH also cancels today's press briefing.

32  The CBO fucked us over by letting the corrutpocrats(D) game it.

Posted by: Juji Fruit

 

Suppodely they have to score it as presented. What they cannot or will not do is question the validity of gags like, "and then a miracle occurs". Figures lie and liars figure. We saw this with all the gaming of the debt ceiling deal.

33 i have an orange cat......you are right......

Posted by: phoenixgirl at August 09, 2011 09:06 AM (eOXTH)

Orange cats are more lovable than black, right?  Although 'more lovable' wouldn't be hard.

34

http://www.kitco.com

Posted by: progressoverpeace at August 09, 2011 09:09 AM (G/MYk)

Thank you!

35

Dana Milbank?  Washington Post?  I think this qualifies as a proverbial bitch slap.

36 What exactly does the term "unemployment" mean?

37

Put Kudlow and Cramer in a blender, hit puree.

No, that's pretty much it.

38 POTUS cancels visit to moving company today -- WH also cancels today's press briefing.

Obviously a bullish development.

39

Orange cats are more lovable than black, right? 

They have a prettier flame.

40 POTUS cancels visit to moving company today -- WH also cancels today's press briefing.

Posted by: Tami at August 09, 2011 09:10 AM (X6akg)

Long lines and too many trips to the coke stash can ruin the next day.  That's what he said in his book anyway.

41 As the door opened up on the lobby, I told him "great, you can pay mine." The son got the message and the father was none-too-pleased.

Heh!

Posted by: J.J. Sefton at August 09, 2011 09:08 AM (VhYRy)

I bet you have trouble wrangling an invitation to his next Twister party too.

42 DOOM! Like the corners of my mind... Misty water-colored DOOM! Of the way we're boned...

43

WH also cancels today's press briefing.

Circling wagons submerged at the bottom of a lake is an interesting tactic.

44 "- not one of them have comments available or turned on. Hmmmmmmm...."

nothing to comment about here, move along

45 What's with the big red OTE on the main page?  Obama Teleprompter Emergency?

46 I lived in London during the Brixton and Handsworth riots.

These current riots make those look like small block parties.

Welcome to the effects of unmitigated immigration and government dependency.

What ever happened to the "civilized" British culture?

47 POTUS cancels visit to moving company today -- WH also cancels today's press briefing.

Posted by: Tami at August 09, 2011 09:10 AM (X6akg)

Time to go down in the bunker and watch the documentary about winning the 2008 election...

48 Posted by: Empire of Jeff at August 09, 2011 09:16 AM (lbo6/)

Catchy!  Make me long for DOOM.

49 "WH also cancels today's press briefing."

What? Do you want a DOW of 9,000?

50 Goody

...non-farm productivity drops 0.3% on consensus of -0.9%, although we once again get an unprecedented revision from the BLS whose data can no longer be trust for anything, as Q1 productivity was cut by whopping 2.4% from 1.8% to -0.6%!

51 What? Do you want a DOW of 9,000? Posted by: Marcus at August 09, 2011 09:20 AM (CHrmZ) Itsa coming anyway

52 Ah....I can see the bottom half of the V now....

53 He's probably just cancelling his presser to give time for the press and Democrat spokespeople, BIRM, to keep blaming everyone on the right for the downgrade and call us terrorists. You know, while he seemingly is the adult.

54 The consumer, entreprenuer, and corporate titan is going galt and most of the world cannot decypher why.

55 The God Emperor's presser yesterday did not impress the S&P:

US unlikely to regain AAA rating soon, says S&P

Posted by: Kratos (Ghost of Sparta) at August 09, 2011 08:54 AM (9hSKh)

 

Commissar Michael Moore has a solution for those counter-revolutionaries

56 What ever happened to the "civilized" British culture?

Two world wars, where too many of their young men who might have become good leaders died in battle.

57 Yes this stock market drop is different than previous ones. This time it reflects the fact that the real economy is shit.

And the London riots are different as well. They are not rioting based on who won or lost a soccer game. They are rioting because a black yoot decided to commit suicide by cop.

When the national past time of your youth is rioting and you have condoned it for decades you need to be prepared for it to get out of hand once and a while.

58 Commissar Michael Moore has a solution for those counter-revolutionaries

So does Italy.

59 I blame the jews and bankers, but mostly the jew bankers.

60 Two world wars, where too many of their young men who might have become good leaders died in battle. Posted by: Retread at August 09, 2011 09:25 AM (BO5ap) Well maybe, but more likely a suicidal immigration policy and to much EU Socialism

61

I begin watching Cramer last week to see his take on this after the dow first began to slide. He predicted it would be like the 1998 slide that immediately turned around and not the 1987 or 2008 slide that kept going.

Any best on where the dow goes today.

62 Hey!  Who's selling all the silver? 

No idea.
Posted by: Gold $1800

Both shot up exponentially. Expect a correction....

63 So today is likely the day that Helicopter Ben announces QE3.....it's about the only card he has left to play.
 
If it happens expect a few things -- a stock market bounce, gold soaring, and other countries finally forced to get off of the pot and develop an alternative to the USD as the goto reserve currency.
 
And now, a long sip from my freshly brewed Special Reserve Doom™ Coffee Blend.

64

I think the market tanked when Obama spoke because it was hoping he would see the light or at the very least stop with the same old talking points, but alas he gave the same stupid speech he always does.

Nothing learned

65 POTUS cancels visit to moving company today -- WH also cancels today's press briefing.

Posted by: Tami at August 09, 2011 09:10 AM (X6akg)

Time to go down in the bunker and watch the documentary about winning the 2008 election...

Posted by: Bevel Lemelisk at August 09, 2011 09:18 AM (FkKjr)

Planning next fundraiser (right after golf game at Andrews).!

66 Obama's 2012 campaign theme;

"Our economy is the Tea Parties fault and I inherited this mess (from Bush)."

Wha? You think I can fix it in four years?

67 The DOW is up 4.47!!! Summer of Obama, bitch!

68 PoP, do you have a link to where you buy silver? TIA.

Posted by: Tami

I bought pre-1964 silver coins (90% silver) from a local coin dealer. DO NOT buy collector coins buy "junk" silver.

69 >>I lived in London during the Brixton and Handsworth riots. >>These current riots make those look like small block parties. >>Welcome to the effects of unmitigated immigration and government dependency. >>What ever happened to the "civilized" British culture? For the life of me I can't figure out why reasonably intelligent people can't look at whats happening in Europe and see our future. I've been predicting that this economic upheaval is going to lead to conflict, I don't see any other outcome. And we are seeing the early stages of it play out in Greece and the UK. The only solutions to the problems we face are going to cause more pain. And more pain will lead to more of what Monty rightly labeled free-floating anger and anxiety which will lead to violence. Always does. The left seems absolutely unable to grasp what is happening right before their eyes or they don't care. Hell, they seem to be inviting greater violence with their double down on stupid ideas. It's loin girding time.

70 Two world wars, where too many of their young men who might have become good leaders died in battle.
Posted by: Retread at August 09, 2011 09:25 AM (BO5ap)
Well maybe, but more likely a suicidal immigration policy and to much EU Socialism

Posted by: nevergiveup at August 09, 2011 09:27 AM (i6RpT)

Sequential wars didn't help, but the post WWI British stood up against the Axis. I think unbridled immigration, multi-culturism,  and insane levels of socialism are the primary problems now.

71

http://tinyurl.com/3mcjrdl

"I just don't think the President is very bright."

For those of us who favor empiricism, I'd say we ahve the evidence that we need.

72 This oughta help, *rolls eyes*

Parliament recalled to tackle riots - David Cameron

You don't need Parliament for this job, Mr. Prime Minster. you need a capable police force willing to crack a few skulls.  Just my humble opinion.

73 I bought pre-1964 silver coins (90% silver) from a local coin dealer. DO NOT buy collector coins buy "junk" silver.

Posted by: The Robot Devil at August 09, 2011 09:31 AM (136wp)

Thanks for the info.  The other day someone posted a link to goldeneaglecoin.com.  Do you know if this a good site?

74 I was having a discussion last night with a lib about why the country has been deindustrializing and I pointed out that the every increasing tax and regulatory structure in this country is forcing rational manufacturers to move out.  His response was to advocate even more controls, exit taxes, tariffs, more unionization etc.

I asked him if he had any proposals that didn't involve sticking a gun in my face, anything at all that was so logical and self-evident that people would adopt it without the threat of impoverishment, imprisonment or murder.

Blank.

75 You don't need Parliament for this job, Mr. Prime Minster. you need a capable police force willing to crack a few skulls. Just my humble opinion. Posted by: Kratos (Ghost of Sparta) at August 09, 2011 09:34 AM (9hSKh) And a set of iron balls. last UK Leader to own a pair was Thatcher!

76 "Our economy is the Tea Parties fault and I inherited this mess (from Bush)."

Wha? You think I can fix it in four years?

I hope Perry runs, not because I've decided he's the guy to vote for yet but I really, really want to watch him say that he too inherited and economy and credit rating from Bush. And then point out that half the jobs created in this country were created in Texas. Picture him debating Barky and saying that stuff. I imagine Barky's head would explode, live on TV.

77 Cracking open the head of a rioter only creates more rioters.

78

POTUS still thinks he inherited a problem that he helped to create by passing the Pelosi budgets through the Senate in 2007 and 2008.

This guy doesn't know shit about shit.

79 And then point out that half the jobs created in this country were created in Texas. Picture him debating Barky and saying that stuff. I imagine Barky's head would explode, live on TV. Posted by: Retread at August 09, 2011 09:37 AM (BO5ap) yes and someone really has to call bami out in public and call him a lying sack of shit

80

This will end well.

No doubt.  England is toast.  Obama wants us to be like these guys.  IÂ’d like to know who is coordinating this shit.  I would be willing to bet that their names would not be unfamiliar.

ItÂ’s kind of like looking into the future.

81
Thanks for the info.  The other day someone posted a link to goldeneaglecoin.com.  Do you know if this a good site?

No, I don't

82 I was having a discussion last night with a lib about why the country has been deindustrializing and I pointed out that the every increasing tax and regulatory structure in this country is forcing rational manufacturers to move out.  His response was to advocate even more controls, exit taxes, tariffs, more unionization etc.

I asked him if he had any proposals that didn't involve sticking a gun in my face, anything at all that was so logical and self-evident that people would adopt it without the threat of impoverishment, imprisonment or murder.

Blank.

Posted by: toby928™

 

I like point out the BMW plant in S.C. A lot of Germans lost their jobs when the plant moved here. If we're so big on preventing ofshoring and other bullshit complaints, then why did we allow this plant to be built? Or are we in fvor of it when we see a net increase?

Then ask the idiot to explain Kerry's New Zealand yacht. Or all of the Heinz plants located overseas.

83 Don't look now, but the 200 point jump in the Dow isn't quite materializing.

84 Cracking open the head of a rioter only creates more rioters.

Posted by: Liberal worldview can be applied to any situation at August 09, 2011 09:37 AM (sOXQX)

Cracking open the head of a TEA partier, on the other hand...

85 It took the Brits three days just to decide it was okay to use water cannons.  I don't think they'll be breaking out the actual cannons anytime soon. 

86

>>What ever happened to the "civilized" British culture?

The UK police force started jailing only those who attempted to fight back, not those who were doing the crimes in the first place.  Harry Brown is going to start looking like a how to manual if this keeps up.

I've been predicting that this economic upheaval is going to lead to conflict, I don't see any other outcome.

Steyn's been saying for years that Europe will revert to form to deal with this. I agree.

There are no words for how little I want to live in interesting times.

 

87 I feel happy...

88

Well they often call me Obama,

But my real name is Soetoro.

And when I am doing the talking,

I make the markets go real low.

89 The absolute only thing keeping the US from having similar riots is the sound of a shotgun being cocked. It would take about 1 day for americans to load up.

90 One fact ignored yesterday, this was the worst close in declines versus advances. 69:1. 3303 shares down versus 44 shares up. The next closest was the 1987 crash NYSE 57:1.

QE -III (we buy our friends)

91 BTW - Dow just went negative.

Hurray King Barry!

92

I love that the first thing the British ruling class does (after returning from "holiday" abroad) is sit down to have a meeting on how to handle the crisis.  Call me crazy, but shouldn't there already be a plan on the books for this?  And shouldn't that plan be multi-faceted, with ascending levels of action to match the escalating spread of violence?  There are many in Britain calling for the military to be deployed, to which I have to ask: what military?  Britain has gutted its military.  So long as they don't try to call on the sad, pathetic remnants of their once mighty navy they MIGHT manage to make a dent in the rioting, but I'm not too sure of that.

My mother hails from Wembley, and previously Bethnal Green, which has seen it's fair share of these riots.  It's heartbreaking, but sadly, not a surprise.  Britain has fallen so far so fast.  Winnie Churchill is spinning so fast in his grave, you can hear him whirring around like a dentist's drill.

93 looking at the pictures on drudge of the london riots.....i guess the citizens wish they had guns now....and the police are talking about spraying them with water? how about shooting them? looters should be shot....dead.... period.....

94

Europe is going to do what Europe has always done.  Rather than deal with their problems incrementally, they will allow the situation to boil over and they'll "elect" a dictator, strong man.

For 15 centuries they've done this.

95 Oopsie

96 78 You don't need Parliament for this job, Mr. Prime Minster. you need a capable police force willing to crack a few skulls. Just my humble opinion.
Posted by: Kratos (Ghost of Sparta) at August 09, 2011 09:34 AM (9hSKh)

You should check out Inspector Gadget (a UK cop who has a pretty good blog)

The real problem for UK police is that there really are no  negative consequences for criminals.  But there are serious consequences to police and law abiding citizens if they use force to defend themselves or property.

97 However, we are going the way of england if something doesn't happen soon. A neighbor who was using the public schools and was a "true believer" has pulled her daughters out. She said there was a 13 year old ghetto girl in the 5th grade class who was verbally and physically bullying and brutalizing the other kids. Apparently she was separated from the class while the class was instructed on how not to provoke her.

98

MWR, proud Tea Party Hobbit : The Brits move at a snails pace.  They are never reliable to act swiftly.

 

99 How does a private corp. issuing MUNICIPAL bonds instead of the city  mean tax payers are not on the hook for them? Because this is what I caught on the MSM regarding a possible NFL stadium being build at the Convention Center in Los Angeles.

100

What 44 shares went up?  Whiskey and guns?

Or all of the Heinz plants located overseas

Didn't Pelosi's husband have issues with all his overseas plantations or some such?

I'll admit it, fake internet friends who live in the computer, I am full of despair and woe today, which is not helped by a bout of insomnia over the last few nights.  I don't see a way out that doesn't end in blood and, seriously, do not want.  I'm finding it difficult to understand why on earth I'm working and trying and attempting to make my own way in life.  Playing by the rules appears to be for chumps.

101 England should implement martial law. Shot on sight looting.

102 Rather than deal with their problems incrementally, they will allow the situation to boil over and they'll "elect" a dictator, strong man. For 15 centuries they've done this. Posted by: wtfci at August 09, 2011 09:44 AM (qITbz) Quite honestly, if he manages to restore the historic demographics of Europe, that might not be such a horrible thing. I'm tired of the attitude that whites are the only race on Earth not allowed to live in countries that aren't essentially made up of their own kind. Asians don't put up with that crap. Africans wouldn't. Latin American grievances are one long compendium of Too Many Whites. Why do white Europeans have to commit demographic suicide?? For WHAT???

103 How can our rating be below France and Great Britain?

104 There are no words for how little I want to live in interesting times. No shit.

105 Posted by: MWR, proud Tea Party Hobbit at August 09, 2011 09:43 AM (4df7R)

Government is for redistributing wealth, not maintaining order.

106

Apparently she was separated from the class while the class was instructed on how not to provoke her.

dagny, where was that? 

I need to know so I don't move to that district.

107 14 PoP, do you have a link to where you buy silver? TIA.

Posted by: Tami at August 09, 2011 09:01 AM (X6akg)

Buy Physical Silver only. Many so called silver funds are leveraged beyond belief and taking ownership will be impossible if everyone tries at once.

Check for local coin shows, visit one and haggle a bit over prices for US silver coinage. Many dealers will have "junk silver - coins with little or no numismatic value" you can buy at around spot prices. Here is a link to find the value of us Silver coins.

Coinflation.com

108 The Rasmussen Reports daily Presidential Tracking Poll for Tuesday shows that 21% of the nation's voters Strongly Approve of the way that Barack Obama is performing his role as president. Forty-two percent (42%) Strongly Disapprove, giving Obama a Presidential Approval Index rating of -21

109

Didn't Pelosi's husband have issues with all his overseas plantations or some such?

Yes.  It was a tuna canning factory in American Samoa.

I worked at the Department of Labor at the time.  All I remember is hearing the bureaucratic equivalent of "Do something!  Do something!"

110 106 How can our rating be below France and Great Britain? Posted by: polynikes at August 09, 2011 09:48 AM (ufGlD) And why is it up to a roomful of Inept Clown at S&P? The same clowns that missed every major economic crisis of the last 50 years.

111

I'll admit it, fake internet friends who live in the computer,

Imaginary maybe, but not fake.

112 The problem is that no one (especially the mostly-average intelligence politicians we keep hiring for some reason) can actually understand trillion dollar budgets or the far-reaching consequences to an entire economy from just one "minor" change.

On the first, there is some CEO of an Investment group (I think, but I can't remember his name) who wrote a "dumbed-down" federal budget.  That is, he took 8 figures off the federal budget to show how bad things are in terms people actually understand.  If I heard correctly (radio this morning) taking 8 zeros off the figures means the federal government is taking in about $21,000/yr, spending $36,000/yr (I expect he's using out-dated numbers, there), and has $145,000 in debt.  Those oh-so-major "cuts" from the previous debt negotiations is like taking that spending down to $35,700/yr, instead.  Woo.  Hoo.

On the second, I've been thinking of putting together something that follows the effects (on everybody) of just the gasoline/ethanol mandate.  Increased price of corn, and corn products, increased price of gasoline (fewer suppliers of a now required additive), but also starvation in some third world countries (more money in selling corn to the US than selling grain to your neighbors), increased prices for other farm products (less production of some crops, higher feed prices for live-stock, etc.), increased prices for durable goods (did you know a lot of clothing apparently uses corn silk?), and so forth.

Maybe, if people could see how wide those shock-waves go, we could get them to understand why government "action" on any economic front is always (and only) bad.

113
Apparently she was separated from the class while the class was instructed on how not to provoke her.

I wouldn't worry about it. She'll be pregnant, sitting her fat ass at home and on the welfare roles any day now.

114

Coinflation.com

Posted by: Silver Fox at August 09, 2011 09:49 AM (wN82N)

Thanks Silver Fox!  I'll check it out.

115 REMAIN CALM. ALL IS WELL.

116 My money is on the black cat btw.

Posted by: GnuBreed at August 09, 2011 08:58 AM (ENKCw)

Always bet on black.

117 104 England should implement martial law. Shot on sight looting. Posted by: The Robot Devil at August 09, 2011 09:46 AM (136wp) If you're a homeowner or shopkeeper in London defending your family and livelihood with a gun tonight... you'll be in prison tomorrow. The same police that today are too busy helping to set up Sharia law courts in Britain to stop the rioting will make sure of that.

118

I'm finding it difficult to understand why on earth I'm working and trying and attempting to make my own way in life. 

Because you have some dignity.  Also integrity.

Frankly, mine is worth more to be than the "high" I'd get from sponging off the taxpayer.  So is yours. 

I know, I read what you post.  Hang in there.

119

I'll admit it, fake internet friends who live in the computer, I am full of despair and woe today, which is not helped by a bout of insomnia over the last few nights.  I don't see a way out that doesn't end in blood and, seriously, do not want.  I'm finding it difficult to understand why on earth I'm working and trying and attempting to make my own way in life.  Playing by the rules appears to be for chumps.

Posted by: alexthechick

 

This is one reason why our ruling class is performing so badly. We realize that obama is an undereducated, unjustifiably promoted example of the peter principle. he's fucking up the exact same way he did when he ran a foundation, but on a far grander scale. But I suspect that all to many of our betters have realized the agony to come from this reckoning, which is why they've been putting it off as they have. If anything, actions in Greece and the UK will serve to encourage their efforts to paper over yeat another crisis, as seen by talk on Fox about both parties considering new taxes. If they get them, they will simply spend them, using the same asinine logic the clown from the debt bureau used when it was learned that gifts submitted to reduce the debt were being immediately spent. Their logic? "By spending it now, we avoid adding to the debt". No hint of even considering the option of not spending.

120 i bought silver and gold from a local dealer, there was no problem...i had them mail it to me so i didn't get mugged leaving the store...a high end jewelry store here sells gold and silver here too....

121 You really should have an entire series of updates on Obama entitled, "God Emperor of Doom".

122

I wouldn't worry about it. She'll be pregnant, sitting her fat ass at home and on the welfare roles any day now.

The high school had buses with car seats, a state of the art day care center, and a top notch little kid's playground as well as a young child dietician and mini cafeteria (free). It also has planned parenthood offices in the actual school which is new, green and was vastly expensive.

123

I'll admit it, fake internet friends who live in the computer,

Imaginary maybe, but not fake.

---
Fake but true, atc.

124

Always bet on black.

Posted by: Feline 57 at August 09, 2011 09:51 AM (/Mla1)

I did last time. 

Never again.

125 If you're a homeowner or shopkeeper in London defending your family and livelihood with a gun tonight... you'll be in prison tomorrow. The same police that today are too busy helping to set up Sharia law courts in Britain to stop the rioting will make sure of that.

Yea, but if I lived there, no bodies would be found....

126 123 I'll admit it, fake internet friends who live in the computer, I am full of despair and woe today, which is not helped by a bout of insomnia over the last few nights. I'm not your Fake Internet Friend! I'm your REAL Internet Friend! I'm sincere, serious, sensitive, and always mindful of your well being! I'm really saddened you would say such a thing!! I would never turn one of your self-revelations of your personal strivings to be a better person against you within exactly 24 hours with a catty remark designed to make you feel like crap over a stupid throwaway joke or something! Ummm.... can you post some booby pics now, to console my hurt feelings???

127

Posted by: dagny at August 09, 2011 09:54 AM (BOMhW)

Is this T.C. Williams?

128 76 I bought pre-1964 silver coins (90% silver) from a local coin dealer. DO NOT buy collector coins buy "junk" silver.

Posted by: The Robot Devil at August 09, 2011 09:31 AM (136wp)

Thanks for the info.  The other day someone posted a link to goldeneaglecoin.com.  Do you know if this a good site?

Goldeneagle charges premium prices. If you want to pay premiums, just go to eBay and buy all you want. Junk silver is your best bet right now.

But at some point in the next few years high quality silve coins will appreicate much faster than junk silver, happens every time in a runup.

129

The high school had buses with car seats, a state of the art day care center, and a top notch little kid's playground as well as a young child dietician and mini cafeteria (free). It also has planned parenthood offices in the actual school which is new, green and was vastly expensive.

Lovely. NOW, I know where my tax dollars go. Gives me a warm feeling of rage.

130 Why yes Sean it is. Have you seen the preschool? It's quite nice.

131

On the English rioting, meh!

What's the big deal? I think we americans don't understand rioting because it happens so rarely here, whereas in Europe it is extremely common. It's actually quite frequent. Demonstrations and riots happen all the time.

It's so rare in America so we're naturally fearful when we see them in Europe.

Also, it should be noted that the rioters always end up doing much more damage to their state cause. Look at france in 68 when they called that Wildcat strike to dislodge De Gualle's government, which was already sinking in popularity. I think some 11 million people turned out. Well they had elections and de Gualle crushed them because the middle class almost never supports that kind of disruption to daily life or violence.

I don't, and you shouldn't, be overly concerned when shifty immigrants who refuse to assimilate and welfare whores riot. It is almost expected of them. They're not going to win anything with their riots.

However, you should panic when the middle class riots. That's when a real change, probably for the worse is going to come.

132

Posted by: dagny at August 09, 2011 09:57 AM (BOMhW)

You just confirmed my decision that my daughter will not be going to public school.

133

But at some point in the next few years high quality silver coins will appreciate much faster than junk silver, happens every time in a run-up.

But, you do pay a premium for numismatic coins. If you are buying silver as a hedge, why pay the premium?

134

The high school had buses with car seats, a state of the art day care center, and a top notch little kid's playground as well as a young child dietician and mini cafeteria (free). It also has planned parenthood offices in the actual school which is new, green and was vastly expensive.

If they have a PP office, why do they need that other stuff?  I guess some babies are slipping through the crack...

whoe, rimshot

135 Sean: And the 5th grade class was at MacArthur which used to be the only elem school that hadn't been destroyed. However, it got the reputation of being good and they found out that the whites were using it until middle school and started busing into to it "even things out". It's on it's way to becoming a shithole like what they did to unaccrediated Maury in the heart of Rosemont.

136

Look at france in 68 when they called that Wildcat strike to dislodge De Gualle's government, which was already sinking in popularity. I think some 11 million people turned out. Well they had elections and de Gualle crushed them because the middle class almost never supports that kind of disruption to daily life or violence.

You're exactly right.  Same thing that got Nixon elected. 

The middle class will put up with a lot, but they really don't appreciate violence like that.

137 I don't think we will get to see president Bambi debate anybody during the campaign.  I posted this in the open thread, but I think the DNC will step in soon.  Bambi is destroying their party, and after yesterday, it is obvious that he does not care.  Self preservation is going to cause them to step in.  Otherwise, they will have to enlist Monty to write a post titled "DNC DOOM".

138 100 However, we are going the way of england if something doesn't happen soon. A neighbor who was using the public schools and was a "true believer" has pulled her daughters out. She said there was a 13 year old ghetto girl in the 5th grade class who was verbally and physically bullying and brutalizing the other kids. Apparently she was separated from the class while the class was instructed on how not to provoke her.

Posted by: dagny at August 09, 2011 09:45 AM (BOMhW)

This same kind of situation occurred to my old boss.   Her young, second-grade age daughter was in a class with a boy who had "severe emotional problems" (in other words, he was a fricking ticking timebomb).  It wasn't uncommon for him to fly off the handle and kick, punch, or bite other children, as well as the teacher.  My boss found out about him when her daughter came home one day and described how he had thrown a chair at the teacher.  Again, this is a second grader.

But he couldn't be removed from the class.  Why?  Because he was a "special needs" child due to his emotional problems, and removing him from class would be considered "discrimination."   

My boss went BALLISTIC.

She's one of the few bosses I've ever had who wasn't a full-on liberal and who actually had a decent dollop of common sense.  She didn't pull her child out of the class, but she rallied the parents of many of the other children in class and pressured the school administration and the school board to get the kid placed in a special class all his own.  Frankly I think he should have been sent to an entirely different school for children with such severe issues, but you win what you can. 

It just goes to show you the extremes bureaucrats will go to to avoid offending anyone, even if it means innocents are put in harm's way.

139 138 Yeah I know. Turns out that the girls want some of their babies---makes them some money.

140

Sean: And the 5th grade class was at MacArthur which used to be the only elem school that hadn't been destroyed.

Thanks for the tip.  McArthur would have been our school.  You just saved me a hell of a lot of research.  St. Mary's it is.

141

She said there was a 13 year old ghetto girl in the 5th grade class who was verbally and physically bullying and brutalizing the other kids. Apparently she was separated from the class while the class was instructed on how not to provoke her.

This is one of the huge, huge problems I have with the It Gets Better campaign.  It's fine as far as it goes, but there's no discussion of the tried and true way to stop a bully.  All those idiotic zero tolerance policies have done is embolden the bullies since they know they won't get beaten down.

The same thing goes for the rioters.  It's not like they'll be shot, so why not?

I wish I had handy the picture of the neighborhood group in Nashville holding the banner saying something about why there was no looting.  Everyone was armed to the teeth.

 

 

142 106 How can our rating be below France and Great Britain?

S&P knows that if it downgrades the Eurozone our financial pain will look like a paper-cut in comparison. They're waiting for Germany to stabilize the situation to avoid causing a London or Greece on a continent wide scale.

Moody's would have downgraded everyone by now if Warren Buffet wasn't throwing a hissy-fit.

143

I'll admit it, fake internet friends who live in the computer, I am full of despair and woe today, which is not helped by a bout of insomnia over the last few nights.  I don't see a way out that doesn't end in blood and, seriously, do not want.  I'm finding it difficult to understand why on earth I'm working and trying and attempting to make my own way in life.  Playing by the rules appears to be for chumps.

Posted by: alexthechick

Hang in there, alexthechick.  We've all been in the exact same frame of mind at some point.  I go back there frequently and have to claw my way back to sanity.

Now, like a dbag hipster, I am sending you "soothing vibes."  Feel free to stomp me like a dirty hippy to help relieve some of the stress.  I don't mind at all.

144

Is this T.C. Williams?

Posted by: Sean Bannion at August 09, 2011 09:56 AM (sbV1u)

"Remember the Titans" T.C. Williams?

145 WSJ - Is Obama Smart? As John McClane said, "Welcome to the party, pal"

http://tinyurl.com/3nuwd5b

"But it takes actual smarts to understand that glibness and self-belief are not sufficient proof of genuine intelligence. Stupid is as stupid does, said the great philosopher Forrest Gump. The presidency of Barack Obama is a case study in stupid does"

146

116

The problem is that no one (especially the mostly-average intelligence politicians we keep hiring for some reason) can actually understand trillion dollar budgets...

1 million dollars = 1 x 10^6 $

a trillion is a million million:

1 trillion dollars = 1 x 10^12 $

Lets put this in perspective: If we count to 1 million, assuming one second per number, it would take about 11.6 days.  In order to count to 14.3 trillion at one second per number it would take about 453,149.3 years!

We're boned.

147

"Remember the Titans" T.C. Williams?

One and the same.

 

148

Thanks for the tip.  McArthur would have been our school.  You just saved me a hell of a lot of research.  St. Mary's it is.

Catholic elem is a huge bargain. Just remember that the elitist St Mary's is big enough and many of the Bel Havens are weathy enough and unsupervised enough that the St Mary's girls go to BI having, uh, been around the block. They all "date" by 5th grade unlike St Rita's, Blessed Sacrament, Queen of Apostles. 1st day of school at BI a nice St Mary's girl offered my older son "head". Because he went to Blessed Sacrament, he replied "I don't do drugs". Happily he's handsome enough he was able to live that down.

149 137  But at some point in the next few years high quality silver coins will appreciate much faster than junk silver, happens every time in a run-up.

But, you do pay a premium for numismatic coins. If you are buying silver as a hedge, why pay the premium?

Yup, that is why I said junk silver is your best bet right now. For longer term profit, quality silver coins will outperform junk silver. I have done well with them myself over the years. But you really need to be knowlegeable to do it.

LIke I said, go to the coin shows, dealers there will negotiate, and often you can buy junk silver very near spot. Wait till the last day of the show, near the end of the day and make an offer just under spot prices, you may get lucky with a dealer who wants some cash.  

150 The same thing goes for the rioters.  It's not like they'll be shot, so why not?

I know he's a bit of a lib-tard (though it doesn't show too much in his writing), but I like Eric Flint Ring of Fire series.  In one of the first few chapters of the first book, the local UMWA (WV town gets transported to 1631 Germany) have basically formed the town militia, and killed a bunch of looters.  On the mass grave, they basically post a sign that says something along the lines of "We don't know who these men were, and we don't care.  This is now USA territory.  If we find you looting, raping, or killing, there will be no arrest, no trial, and no appeal- we will just shoot you."

One of my favorite parts of the book, actually...

151 DOW is up quite a bit for no particular reason. I have a hard time believing this rally will last when the rest of the world's markets are tanking and nothing has changed overnight here. Maybe foreigners are fleeing their markets for ours, but can't see any reason to believe that.

152

Posted by: dagny at August 09, 2011 10:07 AM (BOMhW)

Well, I won't really have those problems.  My girl is special needs, I think the staff at St. Mary's will do a much better job of watching out for her than a public school who will think it's their job merely to warehouse her.

153 So, how come the Tea Partiers are "terrorists" but the mobs who burning London are just "disaffected youths?"

154 Hi rons, I come back after a week and there is more DOOM than when I left. If it makes you feel any better, I was reading the paper in Ocho Rios and the Jamaican Gov. is having the same issues. They are trying to cut a bloated Gov. to bring back some fiscal responsibility. Although we aren't cutting any Gov., are we? I guess that makes the Jamaican Gov. smarter than ours?

155 Don't worry, the DOW will be back down after Bernanke speakes.

156 DOW is up quite a bit for no particular reason. I have a hard time believing this rally will last

One of the talking heads on FBC opined that the market is up hoping the fed will come to the rescue. The FOMC is meeting today.

157 So, how come the Tea Partiers are "terrorists" but the mobs who burning London are just "disaffected youths?"

Because if they admitted the Tea Partiers are "disaffected Americans" people might actually listen to what we're saying.  And if they admitted the rioters are "terrorists" some of those poor, innocent "youths" might actually be held accountable for their actions.

In the liberal mindset, you're only evil if you don't "support the little guy" no matter how much reality weighs in.  And, in their view, these "disaffected youths" are "the little guy."

158 158 So, how come the Tea Partiers are "terrorists" but the mobs who burning London are just "disaffected youths?"

The local CBS affiliate talking heads was calling the rioters "demonstrators" last night. I can't blame him for misspeaking though, he still has Ted Kennedy's cock stuck in his mouth.

159 158, Because the Rioters are just destroying stuff and hurting people. Those people and that stuff do not affect the elite of society. The Tea Parties on the other hand bring Doom to the Libtard elite. So absolutely they are Terrorists.

160

157 You actually may be better off with the public schools if your kid is special needs. They have a lot more resources, money, time. The catholic schools are really set up for the status quo---my only huge complaint. I couldn't get any help with my oldest LD ADHD son, in fact the attitude all the way through was that he maybe "shouldn't be there". I thought, however, that the public school whould have him coloring in a corner since he standardized tested as a vegetable. I retaught him everything every night all the way through high school. I still go over most of his stuff long distance in college. I just need him to have his degree because he's a great worker but not a test subject.

The other two sons can't get any "extension" in the catholic schools but they've learned to read on their own while the class lumbers along. In the end, it's not ideal but it's low stress, low liberalism, low  threat, cheap, convenient and religious.

161 This is all bullshit!  BULLSHIT!

162 Boris Johnson, the mayor of London, just spoke to some residents and business owners who want to know why there wasn't sufficient protection. If these people could actually defend themselves, they wouldn't have to rely on the (insufficiently armed) police.

163

Awww, thanks to the Horde for bucking me up, little camper.  And, yes, imaginary is a far more cromulent word than fake.

Now, like a dbag hipster, I am sending you "soothing vibes."  Feel free to stomp me like a dirty hippy to help relieve some of the stress.  I don't mind at all.

Heh.  I believe in soothing vibes.  Of course, I also believe in stomping.  It's a yin/yang thing.

Ummm.... can you post some booby pics now, to console my hurt feelings???

I will know that the End Has Come when booby pics aren't requested.  Which is not to imply that I will post them, but it's the thought that counts.

 

164 WOW. England is a mess. I'm sure glad we have a post racial president. (snort)

165 I don't know why the Dow is up today as much as it is but there were stocks yesterday that went down for no reason other than they got caught up in the panic selling. Those stocks are up today. Walgreens for me specifically.

166 170, LOL

167 I don't know why the Dow is up today as much as it is

Optimistic bottom feeders?

168 British behavior 'expert'-- "What do the young people need? What do they want?"

That's right, just give them what they're asking for and it will solve everything. Of course.

169 Boris Johnson, the mayor of London, just spoke to some residents and business owners who want to know why there wasn't sufficient protection. If these people could actually defend themselves, they wouldn't have to rely on the (insufficiently armed) police.

Posted by: 80sBaby at August 09, 2011 10:18 AM (o2lIv)

 

In London, law enforces you.

170

Posted by: dagny at August 09, 2011 10:17 AM (BOMhW)

I'm looking more for the Catholic effect on her as opposed to the anything goes mentality I am more likely to find in public schools.  I'll go private if I have to, but no matter where she goes to school, the district still has to provide the same services to her as if she were on site at McArthur or any other school.

Your story about that girl turned me off.  Any administration that lets that shit go on has a cancer.  I'm not going to give them my little girl as a test subject, and then watch them shrug their shoulders and lawyer up when something goes wrong.

171

I will know that the End Has Come when booby pics aren't requested.  Which is not to imply that I will post them, but it's the thought that counts.

 Posted by: alexthechick at August 09, 2011 10:19 AM (VtjlW)

Well, you know that twiceblessedmom hooked up the morons.  Get with the program! 

And on a more serious note....we'll always have your back.  Virtually or otherwise.

172 Glad you took a swipe at Larry Kudlow.  Honestly, if one were to follow Larry's advice you would be fucking broke.  Ten times over.
Posted by: dan in michigan at

What do you mean by that?

173 I don't know why the Dow is up today as much as it is

Hold on to it till it goes back down.

174 As I sit here in Naples, Italy, squalor capital of Europe, sipping a martini, I would like to report that the neotards are oblivious to the pain that will affect them soon. As we progress down the slide of civilization, I will keep the moron hoard apprised of collapse when it happens. That is all. Blessed be Ace.

175 80 Cracking open the head of a rioter only creates more rioters.

Posted by: Liberal worldview can be applied to any situation at August 09, 2011 09:37 AM (sOXQX)

Works for us. 

176

Found a map of the riots. Looks like a 600 square mile danger zone. Is that right? Anything from the White House yet?

177 Isn't a DOOM thread today kind of gilding the lily?

178 We just need to pinpoint how much we really need to spend in order to get out from under this debt. I've been really busy lately, but should be able to have a number for you right after today's lunch rush. It isn't that complicated. At first glance, President Obama just missed it by a couple trillion. No big deal. 

179 Cracking open the head of a rioter only creates more rioters. Posted by: Liberal worldview can be applied to any situation at August 09, 2011 09:37 AM (sOXQX) Cool, more heads to crack - cops love stick time

180 Posted by: Retread at August 09, 2011 09:37 AM (BO5ap)

Which is why Obama and Democrats fear Perry more than any other candidate. Not only did he face similar economic circumstances in Texas, but he made the tough, right choices and put them on track.

That's called executive leadership. As opposed to Obama's different variations of "it's not my fault".

By the way, Obama thinks he can portray Perry as some type of kook and plant negative, fallacious stories in the press about him. Problem is, nobody has worse credibility than Obama and Perry won't be his bitch like McCain was or some of the other candidates this cycle are.

181 Dagny, if you hear any rumors about the girls at St James please pass them along. I've got some time to correct it (I hope). Your correct on the special needs issues with Catholic schools, we kept our kid in the Catholic school and supplemented with private help - the Falls Church options were invasive and flat-out ridiculous.

182 Monty: giving us links to WSJ Pro doesn't help us as it's behind a pay wall.

I don't know about ALL the rest of the 'rons but me; I can't afford any subscriptions right now.

M'kay?

183

the district still has to provide the same services to her as if she were on site at McArthur or any other school.

That's true but they will ask you to bring her to them. I've been there with speech, etc. The alexandria special ed is actually a pretty good program. You'll see that the catholic schools arent' set up to do ANY special ed. In fact, getting them to allow for the appropriate accomodations (calculator, ipad, time and 1/2, preferential seating) is not necessarily easy--lot's o' paperwork.

184 dagny - the amount of overhead in the public school system for special needs is insane. I can see why the diocese walked away from the State requirements for it.

185 181I don't know why the Dow is up today as much as it is

Hold on to it till it goes back down.
--------------
Dead cat bounce comes to mind. Or the feds are busily buying, fed by their limitless printing press.

186 I think we need to change the running meme of these DOOM threads from DOOM is Coming to, DOOM has arrived and is living in your basement, sleeping until 11:30 each morning before spending a productive day eating Cheetohs and cruising the Internet.

187 Jimmah - its just resting until the Fed announcement, nothing will happen until then

188

That's true but they will ask you to bring her to them. I've been there with speech, etc. The alexandria special ed is actually a pretty good program.

Whatever it takes, I'll do.  I don't care if I have to hire a damn chauffeur. 

I am already not happy with early intervention services I'm getting in Alexandria.  My kid is an afterthought.  I supplement it with private now and I'll keep doing it if I have to.

I really appreciate the advice though.  Keep it coming.

You too, Jean!

189 DOOM has arrived and is living in your basement, sleeping until 11:30 each morning before spending a productive day eating Cheetohs and cruising the Internet.

Hmmm ... There are many parallels between Doom and my 19 year old son home from college.

190 Sean, don't know your needs or situation - but on the private side they can come to you or setup small groups afterhours. We get 6pm appointments, Saturday group stuff, etc. Health insurance covers a good piece of it; but even so it isn't insanely expensive - less then 500/mon. and it has a finite horizon.

191 15 "Governments around the world, unable to stimulate their economies and get their houses in order, have gradually lost the trust of the business and financial communities.

That, in turn, has caused a sharp reduction in private sector spending and investing, causing a vicious circle that leads to high unemployment and sluggish growth. Markets and banks, in this case, are victims, not perpetrators."

 

Raise TAXES! Raise TAXES! NOW!  waaaaaa!

-----

Even the dimmest of the dhimmis knows its called raising revenue.

On that note, I heard Apple had like a trillion dollars in the bank. Everybody knows thats greedy. We should just take it for ourselves to teach them a lesson on greedy.

192

Posted by: Jean at August 09, 2011 11:33 AM (WkuV6)

Jean, can you drop me a note at my link?

193

I usually just lurk but Tami asked about where to buy silver.  I buy from apmex.com and have had no problem.  Easy and quick delivery.  Several commenters on zerohedge have given them a thumbs up as well.  They sell both junk silver and Eagles. 

194 Don't worry, we can always print more money!

195

Strange how the photos of the London rioters could be mistaken for any flash mob in Philadelphia or Chicago.  But the news media chooses not to mention who is involved or show photos of those burning London down.

 

This is all practise for when Obama is rejected in a landslide by voters in 2012.  You had better be ready to protect yourself.  No one else will.

196 All I can say is, the orange one is a dead ringer for my male cat, and he terrorizes our little black female.  She's as sweet as can be, while he attacks each and every member of my household, seperately and unexpectedly.  Except the dog, who is normally a big ninny, but she doesn't put up with his guff.

197 Sean - sure

198 I don't know why the Dow is up today as much as it is

I thought it was short covering.

199 Well maybe, but more likely a suicidal immigration policy and to much EU Socialism

Posted by: nevergiveup at August 09, 2011 09:27 AM (i6RpT)

No, it's both.

200 139 Sean: And the 5th grade class was at MacArthur which used to be the only elem school that hadn't been destroyed. However, it got the reputation of being good and they found out that the whites were using it until middle school and started busing into to it "even things out". It's on it's way to becoming a shithole like what they did to unaccrediated Maury in the heart of Rosemont.

Posted by: dagny at August 09, 2011 10:00 AM (BOMhW)

I'll say it, that's racism pure and simple. Guess they don't give a shit about MLK's dream, do they?

201

It just goes to show you the extremes bureaucrats will go to to avoid offending anyone, even if it means innocents are put in harm's way.

Posted by: MWR, proud Tea Party Hobbit at August 09, 2011 10:01 AM (4df7R)

Yea, except they are very selective about who they offend. The parents of that troubled boy? Yea, sure as hell don't want to offend them, but the parents of all the other kids? They can go off themselves.

202 After hurricane Andrew, when the you loot we shoot signs started popping up it pretty much ended that shit.

203

This is all practise for when Obama is rejected in a landslide by voters in 2012. You had better be ready to protect yourself. No one else will.

Posted by: Molon Labe at August 09, 2011 12:23 PM (g5MrG)

 

Well said.