September 15, 2011
— Monty

Mortgage default notices surge 33% nationwide. Expect an untick in foreclosures to follow. (Fallout from the "robosigning" debacle?)
You think inflation isnÂ’t a problem? Check out this chart. Inflation isnÂ’t low; itÂ’s hidden (for now). And in some countries, it's already out in the open.
Timmah says there wonÂ’t be a Lehman-style event in Europe, but then again, Timmah says lots of things. Other (smarter) people are saying that a Lehman-style event is not only possible, but more likely than not. From Willy the Shake: The plague of Greece upon thee, thou mongrel beef-witted lord!
The slow-motion collapse of the “blue model” welfare state continues.
Tax policy gives me a headache and makes me want to sleep for ten days, but Rep. Paul Ryan has some good ideas which he shares here.
Herr Obama, liebchen, can I have $1 Trillion from your stash? I know I said I didn’t need any more money, but I was telling a schmutzige Lüge.
Funny how it's the Greeks who are going bankrupt, but it's the Germans who are drawing the most anguished attention. I think the frustration regarding Germany boils down to: "Either fish or cut bait."
How would a Greek ejection from the Euro *work*, in a nuts and bolts sense? Given the problems Tyler discusses in this piece, any transition is going to be a real mess.
ItÂ’s almost as if ObamaCare was thrown together as a purely political ploy, with no thought given as to how to actually pay for any of it. Pass the bill to find out what's in it! (F**k you, Nan-nan. Right in your Botoxed ear.)
Speaking of ObamaCare: The specter of this looming government disaster is part of why businesses aren't hiring.
What will the so-called “Supercommittee” be able to accomplish? If history and common sense are any guide: very little.
We get our very own "lost decade". I think I'm turning Japanese! I really think so!
Thomas Sowell: "Don't just do something! Stand there!"
We're not the only ones who have noticed that all of Obama's jobs schemes seem to target "blue" states.
In short, the bond market has concluded that the more unionized the state and the bluer its political coloring, the riskier it is to hold bonds marketed by that state.Might wanna rebalance that Muni portfolio.
Louis Woodhill of Forbes agrees with me: electric cars are a really stupid idea.
Sauron speaks from Mount Doom: The can has reached the end of the road.
Voters in Hollywood, Florida vote to cut pensions of cops, firefighters, and city employees. Expect a court fight from the various unions, of course.
UPDATE 1: Has the great Chinese bond sell-off begun? Like I said earlier in the thread -- it might be a good time to rebalance your portfolio.
UPDATE 2: Yeah, we're in hock up to our ears and have no prospects of higher growth going forward, but what the hell...let's bail out the rest of the world! If we're gonna go down, let's make a big splash while doing it! Plus, this'll make everyone love us, right? Right? (From mcat in the comments.)
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Posted by: Monty at
05:07 AM
| Comments (176)
Post contains 531 words, total size 6 kb.
(CNBC) Applications for unemployment benefits continued to rise in the past week, while inflation pushed higher and a key manufacturing index weakened.
The weekly jobless claims number, which is closely watched as an indicator for employment trends, unexpectedly rose 11,000 to 428,000, well ahead of estimates of 411,000.
Consumers paid more for a range of goods and services last month, pushing up inflation and squeezing Americans' purchasing power.
It goes up almost every week that's why it's so unexpected. If Congress would just pass Barry's bill we would then have Utopia!
Posted by: TheQuietMan at September 15, 2011 05:15 AM (1Jaio)
Posted by: steevy at September 15, 2011 05:18 AM (fyOgS)
Posted by: steevy at September 15, 2011 05:18 AM (fyOgS)
Posted by: AllenG (Dedicated Tenther) is at home this morning at September 15, 2011 05:19 AM (KxyHe)
Posted by: knee-jerk lefty at September 15, 2011 05:20 AM (DSZZy)
I keep plagiarizing Revelations, but this deserves repeating - you cannot merge iron (Germany) with clay (Greece).
Posted by: Kratos (Ghost of Sparta) at September 15, 2011 05:20 AM (9hSKh)
Posted by: steevy at September 15, 2011 05:21 AM (fyOgS)
I'm not buying this lost decade.
2001-2007 were boom years. So what if it was a false boom. It's not like the money people made then wasn't real, the jobs they had weren't real, and the goods and services they aquired during that time weren't real.
The downturn has been 2008-2011. There is a good possibility that it goes until 2018, I don't think it's fair to call the past decade a lost decade
Posted by: Ben at September 15, 2011 05:21 AM (wuv1c)
Posted by: Sub-Tard at September 15, 2011 05:25 AM (0M3AQ)
Posted by: Waterhouse at September 15, 2011 05:25 AM (3p99J)
"Firefighters and police put their lives on the line every single day, they
deserve their pensions and all the perks we can give them," Kraut said. "And I
don't mind paying the taxes to fund it either."
This, from the Florida Police/Fire-Fighters article, really struck me. I wonder if she still wouldn't "mind paying the taxes to fund it" if that meant she couldn't afford to buy her own groceries. You know, if they really confiscated enough of her wealth to actually fund those pension plans correctly.
Posted by: AllenG (Dedicated Tenther) is at home this morning at September 15, 2011 05:27 AM (KxyHe)
as jeanne says in 14 it was not money it was credit, the "boom" was a transfer of promise not any wild slightly improperly valued product.
I don't buy the loss decade crap either, but that is mostly because I suspect the political winds will change enough we will finally start to tap our resources, compete for efficiency on the global market and get growth in our manufacturing sector over the tag end of the next decade. The US' genuine wealth creation is being stymied by a platitude fed activism that is an artifical cost to how well we do business here. Gramps taught me "platitudes have a short half life on an empty tummy", and Captain Platitude of the USS Hope&Change is not filling the American economic belly.
Posted by: sven10077 at September 15, 2011 05:27 AM (AEIYh)
>>it wasn't money. it was credit.
Oh I understand that, but you did use the money you earned then to buy food, consumer products, make investments, etc etc, right?
It's not like because off the downturn in 2008 that people came to your house and took away all the food you ate or things you bought(unless you bought them on credit)
I'm simply saying a bubble does eventually burst, but the money made during the the bubble by the average person was very real in terms of things they consumed
I'm not refering to the government, just the individual.
Posted by: Ben at September 15, 2011 05:28 AM (wuv1c)
it depends...will the government allow her to plant a VICTORY! garden or will they fine her like they did in Detroit a few months back to another "urban farmer"
Posted by: sven10077 at September 15, 2011 05:29 AM (AEIYh)
Posted by: sven10077 at September 15, 2011 09:29 AM (AEIYh)
She's 90 years old. I don't think she would be doing enough gardening to see to her own needs anyway.
Posted by: AllenG (Dedicated Tenther) is at home this morning at September 15, 2011 05:30 AM (KxyHe)
the government is the individual, we have held the prime rate horribly low because of the political pressure to keep debt service low so there is little incentive for prudence.
God only knows how distorted the market for just about everything is right now because of ridiculously cheap credit.
Posted by: sven10077 at September 15, 2011 05:30 AM (AEIYh)
with the proper application of electric shock and sensory deprivation torture the tyrant can work wonders.
Posted by: sven10077 at September 15, 2011 05:31 AM (AEIYh)
Posted by: Fritz at September 15, 2011 05:32 AM (/ZZCn)
(Bloomberg) The cost of living in the U.S. rose more than forecast in August as consumers paid more for food, energy and housing.
“There has been more momentum in underlying inflation than many had expected,” Jeremy Lawson, a senior U.S. economist at BNP Paribas in New York. Still, “inflation won’t be a constraint on Fed policy.
These guys don't have a clue or refuse to accept what's going on in the economy yet they're experts. No why things are a mess
Posted by: TheQuietMan at September 15, 2011 05:33 AM (1Jaio)
Posted by: steevy at September 15, 2011 05:35 AM (fyOgS)
Posted by: ejo at September 15, 2011 05:35 AM (NsqGl)
DOOM: The goggles do nothing
LOL. Thanks for opening with that - it took some of the sting out of the rest of the DOOM.
Re the inflation article, I can't say I'm on board. When you ask the author where the inflation is actually hitting, or going to hit, his answer is "somewhere." He seems to assert that the demand for dollars is inelastic - that each new dollar creates an exactly proportional dillution of each dollar in the existing pool. I see no reason to believe that.
So long as the banks feel the need to sit on massive reserves, and so long as there is still a massive glut of unused productive capacity, and record low real estate prices, I don't see where there's a lack of money sinks. The only "inflation" we're seeing so far, that I've seen any good numbers on, is fuel and food. Those are plainly due to increased demand and reduced supply. That's not inflation in the sense that we usually think of it (currency debasement) - it's simply price increases. Any Moron on this blog could devise policy changes that would fix both of those within the space of 6 months.
The real question, in my mind, is what the response will be IF the economy ever starts to recover. Then the banks might start loaning. Unemployment could drop. These are good things, and worth some inflation, but there will need to be a plan to prevent overheating and a more harmful level of inflation. A healthy interest rate increase might be enough - I don't really know with any certainty. But all that activity will be taxed (and heavily) so I don't think the demand for dollars will drop much.
Also, to the extent that it debased our currency relative to others, some inflation is good. Help push down imports and push up exports. Those drive greater US employment, and help weaken our enemies.
Posted by: Reactionary at September 15, 2011 05:36 AM (xUM1Q)
Posted by: CoolCzech at September 15, 2011 05:37 AM (niZvt)
Posted by: ejo at September 15, 2011 05:37 AM (NsqGl)
Posted by: Oldsailor's poet at September 15, 2011 05:38 AM (ZDUD4)
Louisiana is pulling itself out of a natural disaster BUT the democratic states are trying to pull themselves out of a man made liberal disaster,
Posted by: ben at September 15, 2011 05:38 AM (k8v1W)
www.forbes.com/2010/01/20/states-debt-pensions-interactive-map.html
Posted by: ben at September 15, 2011 05:39 AM (k8v1W)
Posted by: mcat at September 15, 2011 05:40 AM (k1rwm)
Posted by: CoolCzech at September 15, 2011 05:41 AM (niZvt)
Next time you are at the market take a look at the cost of a box of cereal.
Posted by: Retread at September 15, 2011 05:42 AM (1TfG9)
Posted by: Dick Nixon at September 15, 2011 05:43 AM (kaOJx)
40 Inflation is hidden? I just paid $1.89 for a can of cream of Mushroom soup. Hidden? I think I found it.
Next time you are at the market take a look at the cost of a box of cereal.
------
I've been looking. Ten bucks for the large bag of Pizza Rolls. Frickin Porterhouse is $12 each.
Posted by: Jimmah at September 15, 2011 05:44 AM (F13r2)
I'd love to dig into the internals. If the swing is across the age board it means the "third rail" has finally been broken and we can reform entitlements. Good news maybe.
Posted by: sven10077 at September 15, 2011 05:44 AM (AEIYh)
Posted by: Waterhouse at September 15, 2011 05:45 AM (3p99J)
Posted by: Obambi at September 15, 2011 05:45 AM (GvYeG)
Posted by: CoolCzech at September 15, 2011 09:41 AM (niZvt)
Hyperinflation is highly unlikely, but even if it comes you'll only be wiped out if your retirement assets are all/mostly cash. If you own productive assets their value will climb along with inflation. It may serve as a massive pay cut in your current job, though, so your ability to buy more productive assets will suffer.
But why worry? Even many conservatives think Americans are grossly overpaid as it is and live in too much luxury, so if we get a pay cut via inflation it's just us getting our just desserts. (personlly I think that's BS, but you'll hear this theory from time to time)
Posted by: Reactionary at September 15, 2011 05:45 AM (xUM1Q)
I console myself with the price of gasoline. Yesterday it was at the bargain basement price of $3.57.
Posted by: Retread at September 15, 2011 05:48 AM (1TfG9)
If you own productive assets their value will climb along with inflation.
Can you define productive assets?
Posted by: Velvet Ambition at September 15, 2011 05:48 AM (KwL7a)
I'm a dimwit when it comes to this "economics" stuff -- the only reason I can balance my checkbook is those single-digit sums that fill it.
Monty, does Wall Street know something (good) we DOOM-followers don't, or are they stuttering clusterf***s of miserable failure in training?
Posted by: MrScribbler at September 15, 2011 05:50 AM (YjjrR)
That blue state bailout shit really frosts my ass. Our money, or better – the money from the half of the people in this country who actually pay any fucking income tax because the rest of the country is sponging and voting democratic which in some batshit insane people’s estimation is somehow their fucking fair share – is being used once again, to cement blue state votes. Qid Pro Quo is supposed to be illegal yet it is common as stupid on SCOAMF. DOOMed is just barely scratching the surface.
Posted by: Hussein the Plumber at September 15, 2011 05:51 AM (jx2j9)
My benchmarks are coffee (what is it now, something like $9-10 for a 12 oz bag?) and Jiffy corn muffin mix (used to be 33 cents, now over 70 cents). Heck, I bought plain white bread the other day for nearly $4.
Posted by: Y-not at September 15, 2011 05:53 AM (5H6zj)
stocks in food companies, rolling stock,
Productive assetsÂ… Generate cash flow now, appreciation later, or both.Are interests in businesses, real estate and/or intellectual property.Can be managed directly (hands-on) or indirectly (via a manager).Can be publicly traded (exchange-traded stocks, bonds, and funds) or privately-held (non-public stocks, bonds, partnerships, and other ownership interests).Can be equity interests (ownership) or debt interests (loan to another party)My personal fave I AM NOT ADVISING would be timber lands bearing tress for paper production....
Another common one is real estate held for rental income rather than flipping value......
Ideally you are free to maximize gain indexed to inflation, and have used your purchasing power gained during peak to acquire wealth.
Posted by: sven10077 at September 15, 2011 05:55 AM (AEIYh)
Posted by: MrScribbler at September 15, 2011 09:50 AM (YjjrR)
No, they're just insane.
Really, at this point, I think the stock market has just completely decoupled itself from the rest of the world. Maybe they'll re-couple later, maybe they wont, but I don't think the stock market is a good indicator of anything (though it's still fun to make fun of El JEFfe when it tanks).
Posted by: AllenG (Dedicated Tenther) is at home this morning at September 15, 2011 05:57 AM (KxyHe)
Posted by: Y-not
Holy crap. Prices aren't nearly as high here, but I have no reason not to assume they soon will be. Sh*t, could I be any more stressed out this week?
Posted by: Hobbitopoly at September 15, 2011 05:59 AM (xKXkG)
Posted by: Jean at September 15, 2011 05:59 AM (WkuV6)
Posted by: sven10077 at September 15, 2011 09:55 AM (AEIYh)
Thanks - saved me a post, and said it way better than I would have.
Posted by: Reactionary at September 15, 2011 05:59 AM (xUM1Q)
they played music as Titanic sank.....
Wall Street often falls prey to the frog in a pot being heated paradigm....
Monty I suspect there is no easy way to know what the EU will do with, to, or for Greece. The entire situation exposes some deep institutional flaws in their entire political model. The EU were it a true federal system would TELL Germany and the other states "this is what we're gonna do to help out Fredo over there." but because it is a non-elected chickenshit hybrid of a mess it can only ask other states to help.
If they force greece out how do they keep Italy and Spain in?
If they force Germany to aid Greece through coercion it exposes that the council is a bunch of unelected thugs how do they prevent domestic pressure by member voting populations to leave?
If they ignore the problem how do they avoid the perception that they are a paper tiger and cannot influence policy?
Greece made the choice to implode, and Germany thus far has the right to say no.
If I had insider info on Germany's reaction I'd buy up 15,000 bucks of Greek Junk Bonds tomorrow.
Posted by: sven10077 at September 15, 2011 06:01 AM (AEIYh)
Off Subject. Perry now up on Romney in Florida by 9 points w primary voters after Monday's debate. 16 point swing in two weeks for Perry. Poll by Insider Advantage quoted by Hotair
Gardasil rocks.
Posted by: Blue Hen at September 15, 2011 06:03 AM (6rX0K)
Deep corruption. Not shallowÂ… deep. Deep corruption. Say it with me slowly; Deeeep Corr upt shun. Notice how it seems to roll effortlessly off the tongue. It is a good goddammed thing that SCOAMF is a democrat and the first black president or this would probably make the news. Fortunately for us, weÂ’re spared this minutia because all it makes is the interwebs.
Posted by: Hussein the Plumber at September 15, 2011 06:03 AM (jx2j9)
Posted by: CoolCzech at September 15, 2011 06:06 AM (niZvt)
In the absence of actual growth, a rising "market" is inflation.
——
The shitty coffee I buy has gone from $12/35oz to $17/25oz in...well, it happened instantly. One day. My overall grocery bill went from "What? That's suddenly a lot more than usual" to "Fuck it, I'll eat my own butt" over the course of about a year.
Posted by: oblig. at September 15, 2011 06:08 AM (xvZW9)
Posted by: Waterhouse at September 15, 2011 06:08 AM (3p99J)
I buy family packs of steaks and cut and re-package them. (I only need 1/2 of a rib-eye, for example.) I also buy certain staple items at Sam's CLub IF they are cheaper than Kroger. Grew my own tomatoes this summer.
I now cook a lot of things from scratch. I also have a couple of meatless meals per week. For those who are suddenly confronting this rapid rise in food prices, there are several sites on the internet that have strategies and recipes.
I am very grateful that my parents never lost their Depression mentality and that as the oldest daughter, I learned a lot of "make-do" skills from my parents.
Posted by: Miss Marple at September 15, 2011 06:09 AM (Fo83G)
These guys are feeling pretty good about themselves is my bet. TheyÂ’ve each got a $4.8 million dollar job! This must be part of SCOAMFÂ’s JobÂ’s For People With Self-esteem Issues program.
Posted by: Hussein the Plumber at September 15, 2011 06:09 AM (jx2j9)
And American Liberals would be down with that, they really would. After all, as each 5 Year Plan failed, they would merely double up and demand the NEXT one be even bigger, because - you see - the previous Plan WOULD have worked, Honest Injun... "If Only We Had Done It Right."
I gotta wonder how many times Russia's Politboro ran that same play....???
Posted by: MrObvious at September 15, 2011 06:10 AM (2uovW)
Miss Marple at September 15, 2011 10:09 AM
I see this more and more from a lot of people I know. Couponing is taking off again, as well as bulk purchasing of lower cost items.
Obama has helped American learn how ot squeeze a dime again with his destruction of the economy.
Posted by: Dick Nixon at September 15, 2011 06:11 AM (kaOJx)
Posted by: Oldsailor's poet at September 15, 2011 06:12 AM (ZDUD4)
Posted by: CoolCzech
I thought that they were trying to do the exact opposite. Since they're currently in a primary, they seemed to be trying to cast Perry as being to the left of them, that is, when Romney isn't trying to reenact the DNC ad of granny being pushed off the cliff, with Perry in a cameo role. Apparantly Romney has decided after his book was published that the leading man role in the ad wasn't for him.
Gardasil is gonna be the new wonder drug around here. Whether it replaces windex remains to be seen.
Posted by: Blue Hen at September 15, 2011 06:12 AM (6rX0K)
Posted by: Hussein the Plumber at September 15, 2011 06:13 AM (jx2j9)
Posted by: Honey Badger at September 15, 2011 06:13 AM (GvYeG)
I console myself with the price of gasoline. Yesterday it was at the bargain basement price of $3.57.
When gas was $2/gal oil was $85/barrel. Now gas is $3.57 and oil is....$86/barrel? Methinks Exxon SHOULD be announcing record profits from this quarter....
Posted by: MrObvious at September 15, 2011 06:13 AM (2uovW)
Perry's lead in Florida increased from 7 points to 9 points in the first poll taken after the debate.
Hot Air has a story up on it.
Posted by: dave_in_fla at September 15, 2011 06:14 AM (9t6jP)
"So SS is no longer a third rail in FL?"
Based on Romney's plunge in Florida, apparently lying about your opponent's position is a third rail. And being a squish.
Posted by: Dick Nixon at September 15, 2011 06:14 AM (kaOJx)
Ten years ago I would go through my file every 3-4 months and weed out expired ones. Now most coupons expire after a month, and some in as little as 2 weeks. I imagine this is because of the couponing shows on television, whose popularity is also a sign of the times.
Posted by: Miss Marple at September 15, 2011 06:14 AM (Fo83G)
Posted by: Waterhouse
Congratulations! You are now qualified to be on the House Budget Committee
Posted by: Blue Hen at September 15, 2011 06:15 AM (6rX0K)
72 years.
The Politburo is the biggest contretemp to leftist economic ideology.
The left accepts as gospel the notion that concentrating economic oversight into a small number of hands results in better judgement, higher standards of ethics, and better wealth distribution.
14 people effectively had 100% economic oversight of the largest nation on Earth that has arguably the greatest wealth potential.
They could never manage to get their 10% arable land to effectively feed their nation.
Posted by: sven10077 at September 15, 2011 06:15 AM (AEIYh)
Also, watching the food stamp crowd roll their eyes gives a degree of satisfaction as the clerk scans our coupons.
Posted by: SCRednek at September 15, 2011 06:15 AM (AFi9e)
My 90-year-old grandpa passed yesterday in his sleep. He was a WWII vet, having flown, maintained, and manned a side gun in B-25s. The world is a little darker today without him.
I know the Moron Horde would have some prayers for the old guy, and I know he'd smile knowing others are thinking of him. Any thoughts or prayers would be very appreciated.
Oh, and he thought Obama was a SCOAMF.
RIP, Pops.
Posted by: grognard at September 15, 2011 06:16 AM (NS2Mo)
OT Barky's words from yesterday. Beltway Confidential
Facing growing opposition to his economic proposals and dimming prospects that Congress will pass other parts of his agenda, President Obama told a Hispanic group in Washington Wednesday that when it comes to the issue of immigration, "I'd like to work my way around Congress."
"As I mentioned when I was at La Raza a few weeks back, I wish I had a magic wand and could make this all happen on my own," Obama told a meeting of the Congressional Hispanic Caucus. "There are times where -- until Nancy Pelosi is speaker again -- I'd like to work my way around Congress."
Posted by: Lord Barack at September 15, 2011 06:16 AM (ycuSb)
Posted by: CoolCzech at September 15, 2011 06:17 AM (niZvt)
Posted by: Miss Marple at September 15, 2011 06:17 AM (Fo83G)
RIP, Pops.
Posted by: grognard
May God grant him rest. I hope that you and your family fare well.
Posted by: Blue Hen at September 15, 2011 06:18 AM (6rX0K)
I figured this would happen. The theory that Mitt had Perry completely surrounded by claiming Perry was gonna make old people eat dog food was pure nonsense. People were gonna see the full quote.
Mitt's not very good at this. It's probably why he's only won one election.
Posted by: Bevel Lemelisk at September 15, 2011 06:18 AM (FkKjr)
grognard at September 15, 2011 10:16 AM
Thoughts, prayers and condolences. They don't make them like your Grandpa anymore.
Posted by: Dick Nixon at September 15, 2011 06:19 AM (kaOJx)
Grognard --
He'll be in my thoughts/prayers all day.
Last evening I made some dill pickles. Excellent recipe.
"Pops pickles", they were titled.
Stupid reason to connect things, but I don't understand most of the things God gets me to do anyway. I just do them, and things work out fine.
Posted by: jwb7605 at September 15, 2011 06:20 AM (+KHIt)
Posted by: CoolCzech at September 15, 2011 06:20 AM (niZvt)
Posted by: Bevel Lemelisk
My guess is that Romney and Bachmann were both advised to stem the tide, lest they be swept away. It's interesting to note that the attacks were very different, but are having virtually the same reaction, though Romney is experiencing less of a blowback, except in the polling.
Posted by: Blue Hen at September 15, 2011 06:21 AM (6rX0K)
Yeah, I did the coupon thing when I lost my job (while we were in California). I had the time and at the particular store I went to, they worked well enough, especially for toiletries, paper goods, etc. If you went brand name. But I didn't find them that useful for food, because it seemed a lot of them were for brand-name processed foods -- things we would use anyway. Once we went on the diet (for Mr Y-not's health) we really didn't use the food coupons because I was cooking almost entirely from scratch.
Here in Utah we have tons of space (and entire room in the basement equipped for storage - thank you, Joseph Smith!) so the strategy is bulk buying, switching to store brands for most things (except toilet paper, tissues, and napkins, I can't stand cheap paper products for some reason!), and buying when things are on sale. And Costco. Costco is da bomb for household goods and meat.
Posted by: Y-not at September 15, 2011 06:21 AM (5H6zj)
Posted by: Blue Hen at September 15, 2011 06:22 AM (6rX0K)
Well, his claim wasn't quite as off-the-wall as Bachmann's. Mitt came off as slimy and pandering. Bachmann came off as wild-eyed and crazy.
Posted by: Bevel Lemelisk at September 15, 2011 06:23 AM (FkKjr)
Dem lawmaker discovers novel way of working for home state jobs: Working to destroy them. Fucking idiot dems actually have the stones to say negative shit against people on the right.
Posted by: Hussein the Plumber at September 15, 2011 06:23 AM (jx2j9)
Posted by: Jimmah at September 15, 2011 06:24 AM (F13r2)
Posted by: Kratos (Ghost of Sparta) at September 15, 2011 06:24 AM (9hSKh)
Posted by: Jimmah at September 15, 2011 06:25 AM (F13r2)
Posted by: Waterhouse at September 15, 2011 06:25 AM (3p99J)
107Any of you facebookers getting bombarded by Gore's 24 hours of spam?
----
Nope, but if I do, they're gone as friends. Not just unfriended, BLOCKED.
Posted by: Jimmah at September 15, 2011 06:26 AM (F13r2)
He was a funny guy. I lived across the road from him when I was growing up, and every now and then we'd hear a rifle shot. About 10 minutes later, he'd saunter across the road with a cigarette in his mouth to tell us about the latest woodchuck he'd blasted out of his garden or water snake he shot in the trout stream.
He was a rock for our family and liked simple things in life. Fishing, hunting, farming. That old man could do everything, too. Car repairs, carpentry, plumbing, woodworking. They definitely don't make them like him anymore.
He was a true member of the Moron community, even if he never used the internet. His 60th birthday cake was shaped like two boobs, complete with nipples. We have a pic of the dirty SOB eating the frosting nipple off the cake.
Thanks again, everyone.
Posted by: grognard at September 15, 2011 06:27 AM (NS2Mo)
Posted by: Bob Saget at September 15, 2011 06:28 AM (F/4zf)
When I heard about that, I advised everybody in my small circle to "unfriend" him at least temporarily.
Those affected would only be 3 or 4 people, and for some unknown reason, those moonbats typically follow my advice on computer matters. Not so much on policy issues, though.
Posted by: jwb7605 at September 15, 2011 06:28 AM (+KHIt)
Posted by: phoenixgirl at September 15, 2011 06:29 AM (eOXTH)
My mom is 90. She had me in her mid-40s, the baby (12 year gap) of the brood. It's amazing what that generation saw. She still walks 3-4 miles a day and keeps up with the latest styles. Wears heels when she feels like it. People think she's about 70. Anyway, I took her to the FDR memorial years ago. Asked her if she wanted a picture with eleanor. She said, no, never liked her.
This story made me think about the Mooshelle statue at the Obama memorial. Scary huh?
God bless Pops.
Posted by: dagny at September 15, 2011 06:29 AM (TRf8/)
Posted by: CoolCzech at September 15, 2011 06:30 AM (niZvt)
When I heard about that, I advised everybody in my small circle to "unfriend" him at least temporarily.
Those affected would only be 3 or 4 people, and for some unknown reason, those moonbats typically follow my advice on computer matters. Not so much on policy issues, though.
Posted by: jwb7605
Why? The only thing better than a goreworshipper being bombarded by spam would be for one to be bombarded by their buddha. Their god not only bleeds, he bloviates.
Posted by: Blue Hen at September 15, 2011 06:30 AM (6rX0K)
Posted by: polynikes Texan for Romney at September 15, 2011 06:31 AM (efZ1v)
Posted by: Johnny (John E.) at September 15, 2011 06:31 AM (nRTou)
He sounds like a good guy. Best wishes and prayers.
Posted by: Bevel Lemelisk at September 15, 2011 06:31 AM (FkKjr)
Environmental justice. That term speaks for itself – and it speaks volumns.
Posted by: Hussein the Plumber at September 15, 2011 06:33 AM (jx2j9)
My mother in law who liked Huntsman? Sent her the link to Michael Moore's endorsement. She dumped Huntsman instantly. Thanks, you ugly disgusting fat communist scrotum.
Posted by: dagny at September 15, 2011 06:33 AM (TRf8/)
Posted by: phoenixgirl at September 15, 2011 06:33 AM (eOXTH)
polynikes Texan for Romney
Strapping a dog to the roof of your car makes you pass a shitty healthcare bill. It's science.
Posted by: Bevel Lemelisk, New Englander for Perry at September 15, 2011 06:34 AM (FkKjr)
Posted by: Lord Barack at September 15, 2011 06:34 AM (ycuSb)
Posted by: Sub-Tard at September 15, 2011 06:35 AM (0M3AQ)
The spam spreads to "friends", so the choice is either unfriend/block people, or put up with unwanted crap.
Just because I am at odds with somebody philosophically doesn't mean they're not decent human beings for the most part.
The friend list I'm down to has non-verbally agreed to shun politics. That gets reserved for other 'meetings' -- possibly on this site. I don't know.
Posted by: jwb7605 at September 15, 2011 06:35 AM (+KHIt)
Posted by: artemis at September 15, 2011 06:36 AM (EL9AK)
New living CMH hero. I sure thereÂ’ll be a post up soon, butÂ…
Posted by: Hussein the Plumber at September 15, 2011 06:37 AM (jx2j9)
polynikes Texan for Romney
-----
Strapping a dog to the roof of your car makes you pass a shitty healthcare bill. It's science.
Posted by: Bevel Lemelisk, New Englander for Perry at September 15, 2011 10:34 AM (FkKjr)
----
heh
Posted by: Y-not, Utahn for Perry at September 15, 2011 06:37 AM (5H6zj)
Posted by: Oldsailor's poet at September 15, 2011 06:38 AM (ZDUD4)
Posted by: Jean at September 15, 2011 06:39 AM (WkuV6)
Posted by: Y-not, Utahn for Perry at September 15, 2011 06:39 AM (5H6zj)
Wish I could have shaken his hand and told him he was a good guy. And a capital-M Moron.
There aren't enough like him, and you were fortunate to have him in your life.
Posted by: MrScribbler at September 15, 2011 06:39 AM (YjjrR)
Posted by: Johnny (John E.) at September 15, 2011 06:41 AM (nRTou)
Posted by: Jean at September 15, 2011 06:41 AM (WkuV6)
Posted by: Oldsailor's poet at September 15, 2011 06:41 AM (ZDUD4)
Posted by: Barry the Carney Barker at September 15, 2011 06:42 AM (I8Xca)
The Continuing Failure of AmericaÂ’s Welfare State
But our problems are all due to Bush's tax cuts for the rich and his useless wars of choice!!! 111ty, that is the Dem meme they keep repeating.I even heard this from my BIL a couple of days ago.
Posted by: Vic at September 15, 2011 06:43 AM (M9Ie6)
Posted by: CoolCzech at September 15, 2011 06:44 AM (niZvt)
Talk about your average everyday squandering of our moneyÂ… The fact any countries attend the Jew Hate Fest should be reason enough to stop paying for membership in this worthless, corrupt, piece of shit organization. You could count the number of countries that have halfway good things to say about America on one hand, not withstanding all of the money we hand out to them.
Posted by: Hussein the Plumber at September 15, 2011 06:44 AM (jx2j9)
grognard at September 15, 2011 10:16 AM
In the early years of my practice I thought that at some time along the way I would learn words appropriate to convey comfort and condolences under circumstances like this. In 30 years of practice I've learned that there are no such words of comfort. You have, however, my deepest sympathies. May God rest his soul in everlasting peace.
Posted by: MrObvious at September 15, 2011 06:44 AM (2uovW)
Posted by: CoolCzech at September 15, 2011 06:45 AM (niZvt)
Mea culpa
It has seemed this way at other times too. Whether or not this is the "real thing" *shrugs*, only time will tell.
Posted by: Kratos (Ghost of Sparta) at September 15, 2011 06:45 AM (9hSKh)
What will the so-called “Supercommittee” be able to accomplish?
The committee? NOTHING. But the rules insure defense and SS cuts if only one RINO votes for tax increases. So we will get tax increases which congress will spend on more useless socialist stimulus.
Posted by: Vic at September 15, 2011 06:47 AM (M9Ie6)
Posted by: Bunny, the terrorist, plus added bonus, Barbarian at September 15, 2011 06:48 AM (TN7KL)
Jiffy corn muffin mix (used to be 33 cents, now over 70 cents)
I blame Romney for everything corn related.
Posted by: Mama AJ at September 15, 2011 06:49 AM (XdlcF)
And this slimy piece of shit wonÂ’t be happy until he starts a war either. I want my strong country back, SCOAMF!
Posted by: Hussein the Plumber at September 15, 2011 06:49 AM (jx2j9)
Posted by: dagny at September 15, 2011 06:49 AM (TRf8/)
Did he meet Cat Pee Inc.?
Posted by: Waterhouse at September 15, 2011 06:50 AM (3p99J)
I miss Altoids gum. I can't find it anywhere.
I haven't been able to find a brand of gum I like. Those ones in the round containers (which are convenient for the car), blow. Stride loses its flavor in two chews.
I blame Romney.
Posted by: Y-not, Utahn for Perry at September 15, 2011 06:51 AM (5H6zj)
Has the great Chinese bond sell-off begun?
Begun is the wrong tense. China sold off its T-Bills months ago. The only people buying T-Bills now are municipal retirement fund managers who are forced to by political rules and the fed who is buying most of them. (e.g. printing money)Posted by: Vic at September 15, 2011 06:52 AM (M9Ie6)
Posted by: Oldsailor's poet at September 15, 2011 06:52 AM (ZDUD4)
Posted by: Michelle Bachmann at September 15, 2011 06:55 AM (niZvt)
Good for him... I raised a true moron.
Group hug!
Posted by: fluffy at September 15, 2011 07:01 AM (4Kl5M)
Posted by: Gregory of Yardale at September 15, 2011 07:02 AM (PLvLS)
Posted by: Angela at September 15, 2011 07:04 AM (ZWRkT)
maybe...but not for a bit yet as it is still the most efficient medium for transfers between markets in many cases.
Hell even the dollar imploding can be used for good if you have a good economic team and business philosophy to match it....
the issue is not some "dollar value" it is purchasing power of a buck....
if the US has business friendly policy investment preferably with foreign capital will happen this new capacity can then be bought at fire sale prices to meet US demand and the revaluation of price can begin.
Posted by: sven10077 at September 15, 2011 07:06 AM (AEIYh)
Huff-Post has an article on AOL claiming on the part of the Dems that NY-9 "doesn't mean anything for Obama in 2012". I was trying to post it via tinyurl but even the smaller link triggers a length violation and won't post.
The entire article was pretty much a denial of reality with regards to the election results and any connection to Obama's performance. It comes across with all the credibility of a 9 year old screaming "I know you are but what am I?!?!?!"
Posted by: MrObvious at September 15, 2011 07:07 AM (2uovW)
Posted by: Gregory of Yardale at September 15, 2011 07:08 AM (PLvLS)
Posted by: bad cat robot at September 15, 2011 07:09 AM (95J/0)
My cousin just started his first year at University of Portland. He was going to study architecture but received a scholarship that pays full tuition for both undergrad and graduate school. Instead he's planning to go to medical school.
My aunt and uncle's timberframe business hasn't done well with the awful economy, and this scholarship was a lifesaver.
Posted by: Alex at September 15, 2011 07:11 AM (J2ejK)
I looked for this article on Huff Post and AOl news and did not see it. Can one of ya'll quote the headline to make search easier?
Posted by: Vic at September 15, 2011 07:16 AM (M9Ie6)
If you were to come up with a charging system that allowed you to 'fuel' an electric car at the same rate that you pour energy into a conventional vehicle - how many cars could the average 500 megawatt nuclear reactor fuel at one time? This was a question which a physics professor asked his physics students. The answer as I remember was 85.
In other words to make electric vehicles reasonable you would need to ring every major city with nuclear power plants just to 'fuel' the cars.
The battery which Thomas Edison came up with for his electric car was the Nickel Iron battery; it was very difficult to damage - overcharging and short circuits don't hurt it - it had about the energy density of a modern Lithium battery - was inexpensive - lasted for at least 20 years - used a base liquid instead of an acid - all more or less perfect specifications. (By the way, you don't want to short a modern lithium battery - they can explode if you do; we had several of them blow up at NASA when I worked there.)
You don't hear about Nickel-Iron batteries much today because they were victims of their own success; who as a manufacturer wants to build batteries that last 20 years? There is no aftermarket replacement need for a product that good. Modern electric vehicles would be substantially improved by using Nickel-Iron batteries.
Instead we get cars like the Toyota Prius which has to have its $10,000 dollar batteries replaced every few years. That battery replacement cost kind of sours the alleged economies of electric vehicles doesn't it?
Pure electric vehicles make no sense - Edison's electric car worked about as well as any pure electric vehicle ever has. If hybrids were built using Nickel-Iron batteries they would make some sense - but of course they aren't.
I used to joke about the Yugo - "the peak of Serbo-Croation technology" (sadly it actually was just that) as being the finest vehicle that socialism ever produced, and it was that also. No more - with the inception of Government Motors I guess the Cadillac CTS now holds that honor. Don't worry though, as Atlas Shrugs predicts GM will be back producing the Yugo before your head can spin - of course this time around it will be an electric Yugo. We do live in interesting times.
Posted by: An Observation at September 15, 2011 07:19 AM (ylhEn)
I went back and read them. That Nissan dealer who wrote that is one shameless shill, and he got a lot of facts wrong too.
The Leaf is slower than the Versa. And he can deny it all he wants, but Car and Driver did see extremely short and variable range . It was so bad they had trouble getting people to sign out the car during their long-term test.
He lies about fracking causing groundwater problems (fracking occurs far below the water table). He claims 30% of Leaf owners charge their cars with solar energy, an interesting trick for a commuter vehicle which would be at work during the day when solar might actually work, and even if true, neglects the massive cost of the solar installation.
He ends off with the "external costs" of oil, steadfastly refusing to acknowledge that EVs could have any external costs, as if they spring fully-formed from Gaia's forehead.
Posted by: Waterhouse at September 15, 2011 07:24 AM (3p99J)
I know the Moron Horde would have some prayers for the old guy, and I know he'd smile knowing others are thinking of him. Any thoughts or prayers would be very appreciated.
Oh, and he thought Obama was a SCOAMF.
RIP, Pops.
The last of the heroes who saved the world are walking slowly into the light. Try to remember him not as the old man he became - but as the young man you never met. He paid dearly for our freedom with his sacrifices. My sincere thanks to your family for his service. May God enfold him in His love.
Posted by: An Observation at September 15, 2011 07:47 AM (ylhEn)
Seriously, is there anything hotter than a young woman with a gun?
Posted by: An Observation at September 15, 2011 07:50 AM (ylhEn)
Posted by: The Poster Formerly Known as Mr. Barky at September 15, 2011 08:18 AM (qwK3S)
Women are frightened of men they don't know. That is simply true - any guy who has the emotional sensitivity of a mollusc can sense that. Frightened women are not very approachable women; the last thing any quality man wants to do is frighten women. A girl carrying a loaded M-16 isn't nearly as afraid of men she doesn't know. Such women are much more emotionally approachable. In addition you know that any man that talks to you has the required amount of physical courage. Openly carry a gun and you will find that the quality of men that approach you will go way up; it really filters the jerks and weasels out.
Does that make sense?
Posted by: An Observation at September 15, 2011 09:17 AM (ylhEn)
Posted by: mcat at September 15, 2011 09:39 AM (k1rwm)
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so, we are bailing out the whole world yet the little guy, underwater, behind in his mortgage cause he lost his job, that guy, yeah they're going to take his house.
Posted by: mcat at September 15, 2011 05:11 AM (k1rwm)