September 09, 2013
— Monty

[This post is dedicated to the Kaboom Kids out there. You know who you are.]
His Majesty the King drives his dread chariot of DOOM out into the arena, dragging the poor abused corpse of the economy behind it. King Barack the Self-Involved shouts, "ARE YOU NOT ENTERTAINED?"
Let's start this shit-show with the recent unemployment report. The jobs numbers showed a drop in the unemployment rate to 7.3%, and a jobs-growth of nearly 170,000 jobs. That's good news, right? Well, not so much. It turns out that the reason the unemployment rate went down is because the labor participation rate sank yet again. The US labor participation rate is now at 63.2%, about where it was in...1978. And the worst thing is that this phenomenon isn't being driven by the increasing rate of Boomer retirements; the demographics of the collapse are full-spectrum. This was a horrible, no good, very bad jobs report, and the prospects for improvement any time soon are dim.
Ye gods and little fishes: 96% of the jobs created this year were part-time jobs. (Or 59%, depending on which sources you use and how you count.)
Teens are one of the demographics hardest-hit by the structural changes in the workforce. By some accounts only a little over 30% of teens between 16 and 19 are working, as compared to more than 50% in 1999. One of the more interesting findings is that teens from wealthier families are more likely to be employed than teens from poorer families. I'm sure leftists would spin that fact in some neo-Marxist classist way, but to me it simply shows that the traditional bourgeois values -- responsibility, drive, the fabled "work ethic" -- tend to get passed from parents to children.
Poland just nationalized the nation's private pension funds. (Well...half of them.) Polish politicians are tying themselves in knots trying to explain how this nationalization of private assets is not, in fact, a nationalization of private assets. I'd point and give a Nelson Muntz-syle "HA HA" if it weren't for the suspicion that His Majesty the King will try to do the same thing here before long. Here’s some fabulous news to start your day: Obama may be in a position to “pack” the Fed for the next fourteen years.
Population of Greece? About 11 million. Number of American citizens collecting disability benefits? About 11 million. America now has more people collecting a disability check than Greece has people, period. Incentives matter.
Roughly 11 million Americans — including workers and their family — now receive Social Security disability benefits, three times the number 30 years ago. Total economic costs, including both payments and loss of output, are more than $300 billion a year, according to JP Morgan. Economists David Autor and Mark Duggan trace the rapid expansion of SSDI more to an easing of eligibility rules than the aging baby boom generation or the declining health of US workers. Another reason: a decline in job opportunities for low-skill workers.
Newest estimate of the underfunding of state and municipal pensions: about $6.4 trillion (which is almost certainly a lowball estimate). Savor the flavor, my groovy babies.
Public pension burdens claim another victim. This time, itÂ’s the Philly public school system.
News from a founding member of the Loyal Order of the Terminally Boned (LOTB), Illinois. Illinois' pension obligation over the next 30 years or so? About $620 billion. That's over half a trillion dollars that the good citizens of Illinois will have to pony up over the next few decades. Everybody who thinks that amount will actually be paid out, raise your hand.
Factory orders: down. Jobs market: moribund. His Majesty the King: golfing. Situation: normal. Move along, citizen!
U.S. Government to S&P: “Give us a BAM!, will you? How about a BAM! right back?!?”
If youÂ’re beginning to feel like a chump for bothering to actually work for a living...youÂ’re not the only one.
In other "California is boned!" news: a judge finds that San Bernardino is eligible for bankruptcy. Which is good because, you know, they're bankrupt.
CalPERS to San Bernardino: keep squeezing that rock until some blood comes out. Judge: there is no blood in that rock. CalPERS: YouÂ’re not squeezing hard enough! Ultimately, this battle is between bondholders and pension funds, which means itÂ’s going to be a long and bloody fight and will ultimately end up in the state Supreme Court (and maybe even the Federal).
WRM on why IndiaÂ’s economic problems are more important than you think. IÂ’m not sure I agree with Mead that the answer is rapid industrialization; the world is already in overcapacity in many industrial areas, and itÂ’s not clear to me that adding even more capacity will do anything but worsen the problem. Moving hundreds of millions of rural poor into already-overcrowded cities is also a cure that might be worse than the disease.
It’s been obvious for decades that raising the minimum wage does not alleviate poverty -- in fact, the reverse is true. So why does the left continue to push it? Because it plays well politically with their base. Democrats will promise people anything and everything in order to get elected, and then blame the failure to deliver on “externalities” (or the meanies in the GOP). Democrats always seem to get caught flat-footed by the realization that you can't legislate away reality.
Detroit: where large-scale demolition counts as urban renewal.
Pension funds still hanginÂ’ onto that dream of 8% annualized returns into perpetuity.

Posted by: Monty at
04:15 AM
| Comments (170)
Post contains 912 words, total size 8 kb.
it's a lot like Enigma being broken we'll outdo it before long...
Asshole Implosion 2014
Posted by: sven10077 at September 09, 2013 04:21 AM (9jfyN)
It is also a function of the fact that successful people know other successful people who have jobs at their disposal. It is the old saw about a poor man hires no one, while a rich man hires many.
Posted by: Sherry McEvil, Stiletto Corsettes C'est Magnifique at September 09, 2013 04:21 AM (kXoT0)
Posted by: Chi-Town Jerry at September 09, 2013 04:22 AM (AYOav)
Posted by: Vic at September 09, 2013 04:22 AM (zZbNF)
No truly wealthy person has ever called me "useless"....
which is to say one of the most beautiful things of Adam Smith's capitalism is you can find utility in damn near everyone.
Posted by: sven10077 at September 09, 2013 04:23 AM (9jfyN)
Once you accept impact is inevitable it reduces false choices immeasurably....
Posted by: sven10077 at September 09, 2013 04:24 AM (9jfyN)
Posted by: iNC Ref at September 09, 2013 04:24 AM (JnmYX)
Posted by: Vic at September 09, 2013 08:22 AM (zZbNF)
Yeppers, and for some slices of the great demographic pie, it is well over 50% and climbing, but, hey, let's slide some more folks over the border--that will fix us right up!
Posted by: Sherry McEvil, Stiletto Corsettes C'est Magnifique at September 09, 2013 04:25 AM (kXoT0)
..............
*raises hand*
It's called "higher taxes" to pay for this lefty bullshit..
Posted by: Chi-Town Jerry at September 09, 2013 04:25 AM (AYOav)
Posted by: redenzo at September 09, 2013 04:26 AM (vx61Q)
Posted by: Rocks at September 09, 2013 04:26 AM (qzWDd)
no sir...worse than that....
crushing taxes to pay for past leftoid bullshit....
New Madrid Faultline/YellowStone Caldera 2016 time for new ELEs
Posted by: sven10077 at September 09, 2013 04:26 AM (9jfyN)
Posted by: @JohnTant at September 09, 2013 04:27 AM (F3IIA)
Gee Monty is this not what I have been saying is bankrupting SS?
Posted by: Vic at September 09, 2013 04:27 AM (zZbNF)
Posted by: Rocks
.......
Yeah, but at least we would have Reagan to look forward to.
Posted by: Chi-Town Jerry at September 09, 2013 04:27 AM (AYOav)
If only there were a suave California Republican saying "we can and should be doing better" eh?
Instead we have Boner, McQueeg, and Graham fucking a doorknob
Posted by: sven10077 at September 09, 2013 04:28 AM (9jfyN)
Posted by: Chi-Town Jerry at September 09, 2013 04:28 AM (AYOav)
Why, Mom, why, all my friends had Kaboom, but, not me.
Posted by: Sherry McEvil, Stiletto Corsettes C'est Magnifique at September 09, 2013 04:29 AM (kXoT0)
My second favorite spot on the internet.
http://tinyurl.com/c4xp6fv
SFW...unless you start laughing in your cubicle.
Posted by: Village Idiot's Apprentice at September 09, 2013 04:29 AM (dEC8z)
Bankruptcy is federal law so I never could understand what the State court has to say in this issue.
Posted by: Vic at September 09, 2013 04:30 AM (zZbNF)
I agree with you but the underlying structural deficiency in the economy is the regulatory stranglehold the EPA and Granola Guerrilla have on our economy....
we can't even maximize our resource extraction this *recovery*
Posted by: sven10077 at September 09, 2013 04:31 AM (9jfyN)
Nice...
we need more insurgent warfare at the Obots on places like that
Posted by: sven10077 at September 09, 2013 04:32 AM (9jfyN)
So when the flash mobs start hitting grocery stores, then you can worry, because Obama will want the Feds to control grocery distribution.
Posted by: Creative Destruction at September 09, 2013 04:32 AM (IeZ4/)
Posted by: phoenixgirl @phxazgrl at September 09, 2013 04:32 AM (8JJ6O)
and oddly it will not be viewed as a Shempf Smiff "President Bush eating the Bay Bees!" admission of fail...
it's nice to be black and have a (-d)
Posted by: sven10077 at September 09, 2013 04:33 AM (9jfyN)
Posted by: Epobirs at September 09, 2013 04:33 AM (kcfmt)
Posted by: Monty at September 09, 2013 04:34 AM (G8OwX)
Posted by: Nevergiveup at September 09, 2013 04:34 AM (9Xc5j)
Posted by: Rocks at September 09, 2013 08:26 AM (qzWDd)
Wait until you find his stash of Billy Beer and Penthouse.
Posted by: Mary Poppins' Practically Perfect Piercing at September 09, 2013 04:34 AM (zF6Iw)
Posted by: Village Idiot's Apprentice at September 09, 2013 04:34 AM (IufHW)
Posted by: Empire of Jeff at September 09, 2013 04:35 AM (JDIKC)
Posted by: AllenG (Dedicated Tenther) MFM Delenda Est at September 09, 2013 04:35 AM (/PCJa)
Posted by: AllenG (Dedicated Tenther) MFM Delenda Est at September 09, 2013 04:36 AM (/PCJa)
Posted by: backhoe at September 09, 2013 04:36 AM (ULH4o)
I could have done without that imagery.
Posted by: Gregory of Yardale at September 09, 2013 04:37 AM (QXlbZ)
Posted by: [/i][/b][/s]akula51 at September 09, 2013 04:37 AM (4p5/2)
Posted by: Circa (Insert Year Here) at September 09, 2013 04:38 AM (659DL)
Posted by: phoenixgirl @phxazgrl at September 09, 2013 08:32 AM (8JJ6O)
Not to worry, it will soon be the season of trash barrels full of burning scrap wood and used motor oil again when the Hawk flies. To those of you unfamiliar with Chicago, they call the wind off the lake the Hawk. Mariah is a whole other thing in a whole other state.
Posted by: Sherry McEvil, Stiletto Corsettes C'est Magnifique at September 09, 2013 04:38 AM (kXoT0)
Posted by: Ellie Light [/i] at September 09, 2013 04:38 AM (U2UQk)
Posted by: Chi-Town Jerry at September 09, 2013 08:22 AM (AYOav)
-------------
Luxury. We when we were kids we had to eat raw pinecones that we had to wrestle away from rabid honey badgers.
Posted by: Darth "Yorkshireman" Randall at September 09, 2013 04:39 AM (Zswg6)
Posted by: AllenG (Dedicated Tenther) MFM Delenda Est at September 09, 2013 04:40 AM (/PCJa)
Posted by: Diogenes at September 09, 2013 04:40 AM (1/RiT)
Posted by: Circa (Insert Year Here) at September 09, 2013 04:40 AM (659DL)
Posted by: Mary Poppins' Practically Perfect Piercing at September 09, 2013 08:34 AM (zF6Iw)
Oh, I found those in 1979 when I was 15.
Posted by: Rocks at September 09, 2013 04:41 AM (qzWDd)
So the first stop will be at the State supreme court level, where State constitution issues are hashed out. If its found that the State Constitutions do, in fact, protect pension payouts, I fully expect the issue to move up to Federal court to see if Federal law trumps state laws in this respect.
Posted by: Monty at September 09, 2013 08:34 AM (G8OwX)
Well Monty the SC ruled long ago that the supremacy clause made federal law the ruling thing so the liberal courts in CA can eat shit.
Posted by: Vic at September 09, 2013 04:41 AM (zZbNF)
You missed last night and this morning's Political Hermaphrodites-Joisey Buddah in Drag posts I take it?
Posted by: sven10077 at September 09, 2013 04:41 AM (9jfyN)
Posted by: AllenG (Dedicated Tenther) MFM Delenda Est at September 09, 2013 04:44 AM (/PCJa)
Posted by: Monty at September 09, 2013 04:44 AM (G8OwX)
Posted by: AllenG (Dedicated Tenther) MFM Delenda Est at September 09, 2013 04:45 AM (/PCJa)
Oh the amount will be paid out, but the purchasing power will have evaporated.
(Leaves tags open, takes triple gainer with full twist, into the barrel, just for the fun of it.)
Posted by: Creative Destruction at September 09, 2013 04:46 AM (IeZ4/)
Posted by: AllenG (Dedicated Tenther) MFM Delenda Est at September 09, 2013 04:47 AM (/PCJa)
What unbelievable clowns.
Posted by: Lady in Black, former Crazy Clown cereal eater at September 09, 2013 04:47 AM (XB5Ak)
Article VI, Clause 2 of the United States Constitution, known as the Supremacy Clause, establishes the U.S. Constitution, federal statutes, and U.S. Treaties as "the supreme law of the land." The text provides that these are the highest form of law in the U.S. legal system, and mandates that all state judges must follow federal law when a conflict arises between federal law and either the state constitution or state law of any state.
Posted by: Vic at September 09, 2013 04:48 AM (zZbNF)
Posted by: MTF at September 09, 2013 04:48 AM (qf2kI)
Speaking of this, has anyone seen AtC, or did Ancillary Jurisdiction eat her?
More likely a crocodile or face-sized spider, since she's on vacation in Florida.
BTW, I saw Ancillary Jurisdiction open for the Sir Douglas Quintet in '67.
Posted by: Mary Poppins' Practically Perfect Piercing at September 09, 2013 04:48 AM (zF6Iw)
Posted by: AllenG (Dedicated Tenther) MFM Delenda Est at September 09, 2013 04:49 AM (/PCJa)
Posted by: Circa (Insert Year Here) at September 09, 2013 04:49 AM (659DL)
Posted by: AllenG (Dedicated Tenther) MFM Delenda Est at September 09, 2013 04:49 AM (/PCJa)
Posted by: Circa (Insert Year Here) at September 09, 2013 08:40 AM (659DL)
-----------
Trees with pines beetles? You had it easy. Our forest burned in a wildfire. We'd have to sift through the ashes to try to find the bones of dead wildlife so that we could suck the marrow.
Posted by: Darth "Yorkshireman" Randall at September 09, 2013 04:49 AM (Zswg6)
Witness the perverse self-defeating nature of Team SCOAMF on this....
We er uh ah have to do something or we lose all credibility, BUT it will be so tiny it is hardly felt
Sounds conspicuously like "cutting the deficit is the same as controlling the debt"
Posted by: sven10077 at September 09, 2013 04:50 AM (9jfyN)
Posted by: Creative Destruction at September 09, 2013 08:49 AM (IeZ4/)
Only because nobody has taken the cities to court yet.
Posted by: Vic at September 09, 2013 04:51 AM (zZbNF)
I said "You skipped science class, didn't you?"
We then got into a discussion about North Pole ice being on top of water, and the principle of displacement. I then took a water bottle, filled it with ice, then filled it halfway with water.
I said - Don't drink any of this, and if the water level is higher after this sits in the sun for a few hours, I'll give you $100.
I think I might have cracked the shell on another poor deluded soul.
Then she tried to talk about Antarctic ice, which is on top of land. I said Antarctic ice is increasing, and has been for years. The climate change people have focused almost exclusively on northern latitudes, and I wonder why?
Stunned silence.
Posted by: grognard at September 09, 2013 04:52 AM (/29Nl)
If there were a national poll taken and the question was
\who do you believe on Syria, Putin or Obama
The majority would pick Putin IMHO
Posted by: Velvet Ambition at September 09, 2013 04:52 AM (R8hU8)
Heh.... you expect SANE consistency..?
We'll just invoke the tenth amendment and call gun control a tax comrades
//Jack Robby
Posted by: YOUR Federal Judiciary at September 09, 2013 04:52 AM (9jfyN)
Posted by: AllenG (Dedicated Tenther) MFM Delenda Est at September 09, 2013 04:53 AM (/PCJa)
In normal times I would agree with this. Now I think it's largely a function of nepotism which is about the only way anyone is getting a decent job these days. Most of the people out of work are poorer and don't have the ability to tip their relatives to job openings any more.
Posted by: Rocks at September 09, 2013 04:53 AM (qzWDd)
I'm no pension Truther and there is still a very serious problem on the horizon. But SBS looses a little credibility with that type of chicanery. One side hides there is a problem at all (HAHAHAHA), the other side over states it. It's all very STOOPID.
By the way if the deal you are getting on pension and retiree benefits is/was "too good to be true". It probably is. When people start leaving those states in droves because government will no doubt try to put he burden on taxpayers, there will be an even bigger problem.
Posted by: Marcus at September 09, 2013 04:53 AM (GGCsk)
I said - Don't drink any of this, and if the water level is higher after this sits in the sun for a few hours, I'll give you $100.
Water is unusual in that ice is actually less dense as a solid than it is as a liquid. Normally, the reverse is true. That's why ice floats. Life on earth would not be possible if water behaved "normally".
Posted by: EC at September 09, 2013 04:54 AM (GQ8sn)
My grandfather made the same demonstration in my youth...
he taught me to think and to question said if everyone agrees it usually means no one is thinking.
Posted by: sven10077 at September 09, 2013 04:54 AM (9jfyN)
Posted by: Circa (Insert Year Here) at September 09, 2013 04:55 AM (659DL)
If Putin made a credible play to have anyone interested immigrate to the Russian Badlands and promised Russia would adopt a US Constitutional Model I'd go...
he is if nothing else a man of his word.
Posted by: sven10077 at September 09, 2013 04:55 AM (9jfyN)
I'm shocked.
Next up: saving old people from pain and lingering death is a GOOD thing.
Posted by: Bitter Clinger and All That (Ecclesiates 9:11) at September 09, 2013 04:56 AM (28TG+)
Posted by: AllenG (Dedicated Tenther) MFM Delenda Est at September 09, 2013 04:56 AM (/PCJa)
\who do you believe on Syria, Putin or Obama
The majority would pick Putin IMHO
Posted by: Velvet Ambition at September 09, 2013 08:52 AM (R8hU
I think the majority would say what difference does it make? Neither side in Syria is interested in law, order or decency and we have zero intent to go in and change that on the ground so why does it matter?
Posted by: Rocks at September 09, 2013 04:56 AM (qzWDd)
...and when it comes to abuse, I know what I'm talking about.
Posted by: Edgar, no last name, before the bug lands at September 09, 2013 04:58 AM (IeZ4/)
Posted by: [/i][/b][/s]akula51 at September 09, 2013 05:01 AM (4p5/2)
Posted by: panzernashorn at September 09, 2013 05:02 AM (MhA4j)
There is always Sakhalin Island
Posted by: Velvet Ambition at September 09, 2013 05:03 AM (R8hU8)
Posted by: Warren Bonesteel at September 09, 2013 05:04 AM (klGLB)
Posted by: Hrothgar at September 09, 2013 05:04 AM (XdnQT)
Posted by: Heywood Jablowme at September 09, 2013 05:06 AM (jsWA8)
What does it matter anyway; by this time next week, Soviet Russia will have nuked us because they misunterpreted as an attack on them our nuking of Israel after they retaliated for Syria trying to gas them to death after Teh SCOAMT pinprick.
How's that for DOOM!
Posted by: steveegg at September 09, 2013 05:07 AM (o44nj)
Posted by: Sherry McEvil, Stiletto Corsettes C'est Magnifique at September 09, 2013 05:07 AM (kXoT0)
At which point they should be run up the flagpole by their underwear.
Posted by: grognard at September 09, 2013 05:08 AM (/29Nl)
Posted by: panzernashorn at September 09, 2013 05:08 AM (MhA4j)
The boomers were doing fine, working, paying taxes all through their 'prime' years of employment during the Reagan/Reagan/Bush/Clinton 'good times'. Unemployment rates ran from 4.5 to 5% -- a number that many economists consider 'full' employment. As an employer I can attest how extremely difficult it was to even find a warm body that needed a job.
Then, at the very end of his term, Bill Clinton and Nancy Pelosi sold this country down the river to China in late 1998. Very quietly, boomers like myself looked at the demographics of competing against 1.2 billion Chinese and began to fold up the tent. Ten years later, 40,000 factories in this country were closed for good. All the local businesses that supported those factories suddenly wondered where all their customers had gone. So they folded their tents.
Bill Clinton blames Bush, of course, for not minding the store.
Posted by: Schrödinger's cat [/i] at September 09, 2013 05:09 AM (U2UQk)
Posted by: AllenG (Dedicated Tenther) MFM Delenda Est at September 09, 2013 05:09 AM (/PCJa)
BTW, I saw Ancillary Jurisdiction open for the Sir Douglas Quintet in '67.
Posted by: Mary Poppins' Practically Perfect Piercing at September 09, 2013 08:48 AM (zF6Iw)
I was in a band named Ancillary Jurisdiction. It was a tribute to Chuck Berry.
Posted by: steveegg at September 09, 2013 05:10 AM (o44nj)
Posted by: soothie at September 09, 2013 05:10 AM (B4xF2)
Posted by: panzernashorn at September 09, 2013 05:11 AM (MhA4j)
3- Good for him. Sucks to get shot, sucks more for his survivors, but better to go out on your own two feet than live out the rest of your years in terrified subservience to the State be shot in the back.
Posted by: AllenG (Dedicated Tenther) MFM Delenda Est at September 09, 2013 09:09 AM (/PCJa)
Do you really think the jackboots, once they target you, will let you live?
Posted by: steveegg at September 09, 2013 05:12 AM (o44nj)
Posted by: soothie at September 09, 2013 05:12 AM (B4xF2)
Posted by: Matt S. at September 09, 2013 05:12 AM (m7EhJ)
As Jealous prepares to step down five years later, he's credited with boosting the organization's fundraising and helping to stabilize it.
Jealous plans to further discuss his decision to step down as president and CEO of the nation's largest civil rights organization Monday, a day after it was first announced. His departure is effective Dec. 31.
In a written statement, the 40-year-old Jealous said he plans to teach at a university and wants to spend time with his young family, saying that the NAACP has become a self serving organization that has outlived it's time.
Posted by: George Zimmerman's at September 09, 2013 05:12 AM (e8kgV)
Posted by: panzernashorn at September 09, 2013 05:12 AM (MhA4j)
Police SWAT kill armed 107-year-old Arkansas man because neither a peaceful negotiation nor a siege are in the police playbook. And the old man would rather stand his ground armed at home than go softly into the night.
So the old man forced his roommate(s) out. After trying all other means at his disposal, the only way he could get his roommate out was by pointing the gun. Well, the saying his generation was raised knowing, "Never point a gun at someone unless you're willing to kill him." As if the ongoing CYA Police Investigation would admit any legitimate rationale why the old man wanted everyone OUT of his house, to just leave him alone. The likely story to be officially released? Anyone's guess. The old man was going to commit suicide, so it was a "good" killing...or something.
Living with a poor, needy 107 year old who refuses to kick the bucket would be a full time responsibility that doesn't provide enough benefits to outweigh the mounting impatience? Cut to the chase and cash in on the life insurance. Eugenics, he was too old to "deserve" the oxygen and space he used, or something.
He didn't own the home, his roommate did. She and the man's daughter talked to him about moving and he pulled a gun. When police arrived he shot at them. They tried to negotiate and it failed.
It sucks that a man was killed, but he's not the hero here. In fact, it looks like police did exactly what they should have.
Posted by: Colorado Alex at September 09, 2013 05:12 AM (lr3d7)
\One of the more interesting findings is that teens from wealthier families are more likely to be employed than teens from poorer families. I'm sure leftists would spin that fact in some neo-Marxist classist way, but to me it simply shows that the traditional bourgeois values -- responsibility, drive, the fabled "work ethic" -- tend to get passed from parents to children.
Haven't read the comments yet, but I'd also say that this may be because teens from wealthier families have better access to private transportation.
Posted by: MWR, Proud Tea(rrorist) Party Assault Chelsea [/i][/s][/u][/b] at September 09, 2013 05:13 AM (4df7R)
Posted by: AllenG (Dedicated Tenther) MFM Delenda Est at September 09, 2013 05:13 AM (/PCJa)
Posted by: mindful doomworker at September 09, 2013 05:14 AM (Bpn3R)
Posted by: steveegg at September 09, 2013 09:10 AM (o44nj)
I'd think "Mann Act" would be a better name for a CB tribute band.
That, or "Golden Showers."
Posted by: Mary Poppins' Practically Perfect Piercing at September 09, 2013 05:14 AM (zF6Iw)
If Putin made a credible play to have anyone interested immigrate to the Russian Badlands and promised Russia would adopt a US Constitutional Model I'd go...
The Kamchatka Peninsula would be a cool place to hang out. Lots of strato volcanoes, wild life for hunting, and rivers to fish. Big ol' nuke sub base to the south, (visible on goog earth).
Posted by: Sticky Wicket at September 09, 2013 05:16 AM (0IhFx)
What's the over/under on the National Review reaching an "undisclosed" settlement with Michael Mann?
Lots of big talk about discovery and bring it on but now that their attempt to get the suit tossed has failed, I think they'll start rethinking the economics of continuing.
Not that I want them to fold. Just hearing about the discovery battles will be very enlightening.
I think before the end of the year we'll hear more.
My guess will be that they will agree to shut up and he'll agree to drop the suit in return as they don't want to spend the money and he doesn't want to disclose his lies.
Posted by: Bitter Clinger and All That (Ecclesiates 9:11) at September 09, 2013 05:17 AM (28TG+)
Has a good chance of having Shale and NG mineral wealth too...
the American Spirit that you know built this could probably make a go of turning the Siberian/Kamatchkan Area into if nothing else a resource exploitation basin....
no EPA opens up a LOT of potential wealth...people do not get hwo corrupt and invasive the EPA economic polizei really are.
Posted by: sven10077 at September 09, 2013 05:18 AM (9jfyN)
On the upside, I found a nickel. So, our money problems are solved.
Posted by: Matt S. at September 09, 2013 09:12 AM (m7EhJ)
I had that spent before you recognized it was a nickel.
Posted by: Feral Gubmint at September 09, 2013 05:18 AM (o44nj)
I guess it is all about language and perspective, but, that is several steps down from yodeling (also loud and annoying) and ranks in the top five of the most annoying sounds I have ever heard. I found it awful in Zero Dark Thirty as well.
Posted by: Sherry McEvil, Stiletto Corsettes C'est Magnifique at September 09, 2013 05:20 AM (kXoT0)
Is that supposed to make me feel better about burning through my 401k while I am out of work?
Posted by: Obnoxious A-hole at September 09, 2013 05:21 AM (31Nrp)
Posted by: Mainah at September 09, 2013 05:21 AM (659DL)
Posted by: AllenG (Dedicated Tenther) MFM Delenda Est at September 09, 2013 05:23 AM (/PCJa)
Posted by: Mainah at September 09, 2013 09:21 AM (659DL)
The movie faithfully portrayed her as a real beyotch. A Ginger, no less.
Posted by: Sherry McEvil, Stiletto Corsettes C'est Magnifique at September 09, 2013 05:23 AM (kXoT0)
Posted by: AllenG (Dedicated Tenther) MFM Delenda Est at September 09, 2013 05:25 AM (/PCJa)
>>By the way if the deal you are getting on pension and retiree benefits is/was "too good to be true". It probably is. When people start leaving those states in droves because government will no doubt try to put he burden on taxpayers, there will be an even bigger problem.
.
.That's why we moved away from Connecticut. Saw an article in the local paper one day about a retired State Trooper Sergeant that was going to be hired as the new School Resource Officer. They made a big deal out of the savings the town would get for not having to pay for any benefits because his state retirement plan covered them. He was pulling in full medical with no co-pays and $105,000 a year from the State for his retirement at 30 years. I was stunned. I thought that was a misprint and decided to find out what kind of retirement benefits they actually get. Found out they are on a high three system where overtime counts to their pension. And the more senior people get the overtime hours to pad their retirements to the point they can get more than their base salary in retirement. It is insane and CT only has 32% of their pensions funded.
Posted by: Registered Voter at September 09, 2013 05:25 AM (AiKJm)
The point is to destroy the evidence of the weapons supplied to al queda by the US through Benghazi. Obama wants to bomb those weapons, that's why its a limited strike and he is so hot to go. My theory anyway.
Posted by: Guy Mohawk at September 09, 2013 05:25 AM (lnFK0)
Posted by: Diogenes' Lamp at September 09, 2013 05:26 AM (bb5+k)
Posted by: Polish Pilgrim at September 09, 2013 05:27 AM (hC+yU)
Posted by: Mainah at September 09, 2013 05:28 AM (659DL)
1) I think of millions of cultists with their ass waving in the air like an invitation to Allah to poke them in their squeak hole.
2) I think of a "religion" that has essentially frozen their believers in a time 1300 years ago.
3) Diapers around heads.
4) Goats.
5) Millions of cultists prancing around a giant meteor.
6) And Kiplings poem The Young British Soldier ( http://tinyurl.com/koyrxj ) quote ( http://tinyurl.com/qgzkb3q ).
They're 8th century barbarians and anyone who thinks otherwise isn't paying attention to the facts.
Posted by: Bitter Clinger and All That (Ecclesiates 9:11) at September 09, 2013 05:29 AM (28TG+)
Many of the groups have little expertise in health insurance. And the timeline for training the workers is tight. According to the new health law, people can begin shopping among the new policies on Oct. 1. The enrollment period lasts six months. Coverage begins in January.
They should change the name to ObamaClusterfuck
Posted by: TheQuietMan at September 09, 2013 05:30 AM (1Jaio)
NO. But you'll feel better when they do it and you don't take such a big hit as your fellow employees.
Posted by: Bitter Clinger and All That (Ecclesiates 9:11) at September 09, 2013 05:30 AM (28TG+)
Posted by: Hrothgar at September 09, 2013 05:30 AM (XdnQT)
Posted by: panzernashorn at September 09, 2013 05:32 AM (MhA4j)
Drawing another red line that won't exist a week from now
Posted by: TheQuietMan at September 09, 2013 05:33 AM (1Jaio)
If Putin made a credible play to have anyone interested immigrate to the
Russian Badlands and promised Russia would adopt a US Constitutional
Model I'd go...
The Kamchatka Peninsula would be a cool place to hang out. Lots of strato volcanoes, wild life for hunting, and rivers to fish. Big ol' nuke sub base to the south, (visible on goog earth).
Posted by: Sticky Wicket at September 09, 2013 09:16 AM (0IhFx)"
I suspect that would work out sort of like the agreement by which Americans agreed to settle in Texas while it was still part of Mexico. The flag that flew over the Alamo was a Mexican tri-color with the year 1824 to emphasize the year that the Mexican Constitution was established. When Santa Ana came to power, he started wiping his ass with the Mexican Constitution and executing anybody who objected. If you think that you and your little band of American expatriates and native Russians will be able to take on the Russian army, well, good luck to you. There are likely to be a few Alamos and Goliads along the way.
Posted by: Obnoxious A-hole at September 09, 2013 05:34 AM (31Nrp)
Posted by: soothie at September 09, 2013 05:34 AM (B4xF2)
MOSCOW - SyriaÂ’s foreign minister accused Barack Obama of backing terrorists as the White House ramped-up its efforts to make the case for military strikes to punish President Bashar Assad's regime for the alleged use of chemical weapons.
"We are asking ourselves how Obama can ... support those who in their time blew up the World Trade Center in New York,'' Syrian Foreign Minister Walid al-Moualem said during a press conference with Russian counterpart Sergei Lavrov in Moscow.
Billy Ayres: I can assure you that Barry has never back terrorists who have blown up buildings in the US
Posted by: TheQuietMan at September 09, 2013 05:35 AM (1Jaio)
Posted by: panzernashorn at September 09, 2013 05:36 AM (MhA4j)
Posted by: Diogenes' Lamp at September 09, 2013 05:37 AM (bb5+k)
Posted by: Jesse Pinkman at September 09, 2013 05:38 AM (WdWRd)
Everything I've read about asymmetric action basically requires the press to be dealt with first or concurrently.
Posted by: grognard at September 09, 2013 05:39 AM (/29Nl)
Posted by: Nevergiveup at September 09, 2013 05:39 AM (9Xc5j)
Posted by: ejo at September 09, 2013 05:40 AM (GXvSO)
Posted by: Jesse Pinkman at September 09, 2013 05:41 AM (WdWRd)
Maybe...I assure you we are facing a party here at home that perversely is rewarded with a stronger voting base the more it fucks up...
at least there there'd be a chance.
Posted by: sven10077 at September 09, 2013 05:42 AM (9jfyN)
Everything I've read about asymmetric action basically requires the press to be dealt with first or concurrently.
Which is why, in addition to being a solid conservative, we need a candidate who will go medieval on the MFM's collective asses.
Posted by: Mary Poppins' Practically Perfect Piercing at September 09, 2013 05:42 AM (zF6Iw)
Posted by: AllenG (Dedicated Tenther) MFM Delenda Est at September 09, 2013 05:43 AM (/PCJa)
Posted by: panzernashorn at September 09, 2013 05:43 AM (MhA4j)
Posted by: Jesse Pinkman at September 09, 2013 09:41 AM (WdWRd)
Yeah and the CIA guy that she keeps bugging with the numbers on the window glass is the lead in Low Winter Sun.
Posted by: Sherry McEvil, Stiletto Corsettes C'est Magnifique at September 09, 2013 05:44 AM (kXoT0)
"It�s been obvious for decades that raising the minimum wage does not alleviate poverty -- in fact, the reverse is true. So why does the left continue to push it? Because it plays well politically with their base. "
My understanding is that many if not most unions receive automatic wage increases whenever minimum wage goes up. It's in their contracts.
So yeah, minimum wage goes up, their pay goes up too. Easy to see why they would keep pushing for minimum wage increases.
Posted by: Diogenes' Lamp at September 09, 2013 09:26 AM (bb5+k)"
Even without the union contracts, it is in the interest of unions to increase the minimum wage because of basic Econ 101 reasons. Minimum wage workers tend to do unskilled labor. Unions tend to be skilled laborers. When you need a hole dug you can hire a bunch of minimum wage guys with shovels or you can hire one union guy with a backhoe. If the minimum wage guys are cheap enough, that is the rational economic choice. If the minimum wage is raised high enough, the guy in the backhoe looks more economically attractive.
Posted by: Obnoxious A-hole at September 09, 2013 05:45 AM (31Nrp)
Posted by: Mainah at September 09, 2013 05:46 AM (659DL)
I just hope the newsies understand what they are in for if the cold civil war ever goes hot...
I aim tom get a pound of flesh and be a cautionary tale they tell to their kids.
Posted by: sven10077 at September 09, 2013 05:47 AM (9jfyN)
Posted by: Vic at September 09, 2013 05:53 AM (zZbNF)
Posted by: Jimmy Carter's 1979 at September 09, 2013 06:02 AM (FcR7P)
I don't think so. Last week some reporter interviewed some person who had made min wage at a fast food joint for something like 26 years. I had employees like that. They did *just enough* to keep me from firing them, but never enough to justify paying them another cent unless the law forced me to.
They were happy making *just enough* money to survive. They didn't want to put any more effort into the job then the absolute minimum to keep them from getting fired. More education in return for more money? No thanks. More training in return for more money? No thanks. More responsibility in return for more money? No thanks.
That was all they wanted. A job (with health insurance) that didn't demand much effort. I never understood it.
Posted by: Schrödinger's cat [/i] at September 09, 2013 06:04 AM (U2UQk)
Posted by: panzernashorn at September 09, 2013 06:06 AM (MhA4j)
Posted by: Beagle at September 09, 2013 06:08 AM (sOtz/)
Posted by: panzernashorn at September 09, 2013 06:09 AM (MhA4j)
(Monty): "ItÂ’s been obvious for decades that raising the minimum wage does not alleviate poverty -- in fact, the reverse is true. So why does the left continue to push it? Because it plays well politically with their base. "
(Diogenes): "My understanding is that many if not most unions receive automatic wage increases whenever minimum wage goes up. It's in their contracts. So yeah, minimum wage goes up, their pay goes up too. Easy to see why they would keep pushing for minimum wage increases."
At one time, a legally-mandated minimum wage reduced the threat that unskilled workers presented to skilled unionized workers. The alternative to a $40/hr. heavy equipment operator with a $400/day excavator was ten high school dropouts with shovels. Nowadays, private-sector unions do not have the muscle they once did. NAFTA and GATT killed private-sector manufacturing unions. Minimum wage laws today protect the jobs of public sector workers. Teachers gain from the reduction in the relative opportunity cost to teens and young adults of the time that they spend in school and social workers gain from the expansion in the rolls of unemployed welfare cases. That's my guess, anyway.
Posted by: Malcolm Kirkpatrick at September 09, 2013 06:14 AM (C3m+1)
Wow. I knew that stats on the part-time jobs vs. full time and it still astounds me to see it in print. Prolly cause Monty is the only one willing to print it!
3 of my teens are working, 2 full time and going to school. I work for free with the spouse.
We are trying to sell a CPA practice...can you imagine that people don't want to take a risk...(snark)!!! It's grown by 100k since we bought it with low client attrition and several big contracted clients. This is what working hard gets us- so lying down is not an option. But we are fucked in every other sense of the word. Still can't get healthcare or a mortgage re-fi because of being self-employed and business follows me home because I sleep with the boss.
Why do I do it? Because I have four kids and grandkids someday to leave behind a better place than I see now. But, man does it suck sometimes.
Posted by: DefendUSA at September 09, 2013 06:32 AM (S0aj8)
Posted by: SMOD, Interplanetary Tease at September 09, 2013 06:39 AM (naUcP)
Posted by: Fritz at September 09, 2013 06:45 AM (UzPAd)
Posted by: jmel at September 09, 2013 08:01 AM (Xr4Vq)
Posted by: shibumi at September 09, 2013 08:25 AM (25HWz)
I make a good living; my teenage kids work - multiple jobs, in one case.
And of course you are right: these are our family values. You want it? Earn it. Get out there and hustle. Come home smelling like french fries - I'll cover the cost of the shower. You can use our washing machine to clean your clothes, no charge.
But once you're 16, I expect you to have a paying job within a 10 minute drive. I'll drive, until you get your license - no charge.
I worked; your mother worked; you're going to work. Get used to it.
Oh, and one other thing: I'm not paying one-thin-dime for any college degree that isn't occupational training. Get a degree in Chemistry, Therapy, Engineering, Nursing, and maybe (maybe) business and I'm on board. Get it in Sociology or the Humanities? You'd better have enough money to pay for that ride yourself... and plan on moving out when you get it.
Doom is real, but there are ways through it. They're not easy, but then again... neither is mining coal, and plenty of our ancestors and peers (and even us) do that. Work is hard. Embrace it.
Posted by: RobM1981 at September 09, 2013 08:58 AM (oeqMh)
Posted by: JPS at September 09, 2013 09:33 AM (aY76I)
Posted by: Quint&Jessel, Sea of Azof, Bly, UK at September 09, 2013 11:22 AM (DEp/y)
Posted by: Quint&Jessel, Sea of Azof, Bly, UK at September 09, 2013 01:11 PM (DEp/y)
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frankly it smells like shit compressed around envy to me...
Posted by: sven10077 at September 09, 2013 04:20 AM (9jfyN)