Yesterday night, One Bus Away, as is sometimes its wont, lied to me. So I left Drinking Liberally and instead of waiting for a couple minutes, I waited for the better part of a half hour. It wasn’t rainy or cold.
So the first few minutes are saying that the bus was coming. Then that it had arrived, but, obviously, I hadn’t seen it. Then by the time I was sure it wasn’t coming, it said that the next bus was 10 minutes away (turned out to be a bit longer). So, is it rude to go back in the bar after saying your goodbyes, and then leave again in 5 minutes?
I should also say that One Bus Away is basically magic, but I only write about it when it doesn’t work as well as I would like.
Elijah Dominic McDotcom spews:
FBI Dir Wray confirms this am that His Orange Majesty reached out and shoved his dirty, sticky, gropey fingers into the FBI rape probe of Republican Associate Justice Rapey McPrivilege.
“Our supplemental update to the previous background investigation was limited in scope and that was… very specific in scope—limited in scope.”
Wray confirmed that the scope of inquiries into judicial nominees is dictated by the White House.
Elijah Dominic McDotcom spews:
AP reports AK Roypublican Finger Rape officials are planning to censure Sen. Murkowski for fighting back and not keeping her damn mouth shut and just letting the party get on with it.
https://apnews.com/93cee785826a467a9f5bad4bcb75980a
On the wrong side of Teh Orange Event Horizon there is no duty but the one duty.
And it is absolutely not a duty to women.
Roger Rabbit spews:
@2 Having been reelected as a write-in after being defeated by a tea party candidate in her last primary, Murkowski should tell the Alaska Republicans to go fuck themselves, and be an independent from now on. If she hasn’t figured out by now what a sorry lot of deplorables they are, she never will.
Steve spews:
Asking for directions while black. What was he thinking?? He could have been shot!
“Shotgun-wielding white man opens fire on black teen for asking for directions”
https://www.rawstory.com/2018/10/watch-shotgun-wielding-white-man-opens-fire-black-teen-asking-directions/
@godwinha spews:
It really is too bad that the Democrats sat on her complaint for six weeks and then stage-managed her testimony for maximum TV coverage.
Had the Judiciary Committee been informed then the FBI could have conducted its vetting quietly and thoroughly, and Ms. Ford’s attorneys would not have to lie about her safety.
Well done, Dems. And props to Goldy for toeing the company line rather than showing some spine for a change. Your next paycheck is still secure, sir.
Goldy✔
@GoldyHA
The only scenario that could possibly work out better for the Trumpist campaign of terror and intimidation would be for Christine Blasey Ford to actually be murdered. That would surely shut up other victims from coming forward to accuse white men of power.https://www.newsweek.com/christine-blasey-ford-cant-return-home-continuous-death-threats-1157262 …
Christine Blasey Ford cannot return home to due “unending” death threats
Ford, who accused Judge Brett Kavanaugh of sexual assault, has been forced to move with her family from their home due to the threats.
newsweek.com
56m
Steve spews:
@5 What a douche.
@godwinha spews:
@ 1
You left out Wray’s repeated comments that the limited scope was “as is standard” and “is part of the usual process”.
Because of course you did.
@godwinha spews:
I’d like to thank the Democrats of the Senate Judiciary Committee for their efforts to elect Republican Senators.
ABC15 Arizona✔
@abc15
NEW @abc15/@OHPredictive poll shows #McSally increasing her lead over #Sinema in #AZSen: http://bit.ly/2yfcP1n #abc15
10:00 PM – Oct 9, 2018
Elijah Dominic McDotcom spews:
Shorter 5:
They just can’t help but go there. It’s who they are.
Elijah Dominic McDotcom spews:
7,
Worried Dumbfuck?
Good. You should be. It’s on you. It’s all over you.
By now you’ve probably even admitted to yourself that, yeah, he did it. He’s that guy.
Jerry Sandusky.
A man of unimpeachable character and universal respect.
Who just also happens to be a fucking pig.
And he’s all yours forever.
Elijah Dominic McDotcom spews:
Fun Fact:
Jerry Sandusky?
Republican.
Natch!
@godwinha spews:
This is so dishonestly written I am surprised that the byline is not Roger Dumbfuck Rabbit:
Collins’ re-election is a far way off considering voters are still roughly a month away from heading to the polls for the 2018 midterms. But a cadre of progressive groups has already crowdsourced more than $4.4 million to bolster Collins’ Democratic opponent in 2020, money it would have used to back Collins had she voted against Kavanaugh, who was confirmed on Saturday on a mostly party line vote, 50-48.
https://www.rollcall.com/news/politics/grassley-wants-raise-3-million-collins-amid-progressive-backlash
Had Collins voted No, the money would have been returned to donors, not used to back Collins.
Elijah Dominic McDotcom spews:
Georgia Finger Rape Gubernatorial candidate Kemp is blocking 53,000 eligible voters from registering, 70% of whom are African American.
Facet it, a vote for any Republican is a vote for white supremacy. A shameful thing.
Elijah Dominic McDotcom spews:
After two years of White House calls for an armed uprising and President FingerRape demanding that his mouthbreathing mob of Trailerdytes rise up with guns to protect his Toddler Torture Revolution, suddenly we are being subjected to whiney screeds from GOPussies “afeared” because of pink hats and yelling.
Once again I must ask, just exactly when the fuck did Republicans become such a bunch of whiney pussies?
Roger Rabbit spews:
@5 “It really is too bad that the Democrats sat on her complaint for six weeks”
Except they didn’t, they respected her wish to remain anonymous, which is a lot more respect than she’ll ever get from the Grooper and Raper Party.
https://www.cnn.com/2018/10/02/politics/trump-mocks-christine-blasey-ford-kavanaugh-supreme-court/index.html
Roger Rabbit Commentary: Hey Doctor Dumbfuck, don’t let up now, keep telling wimmins (courtesy of the late Puddykins) they’re stupid and useful only as sex objects right up to Election Day. And thank you for your service to the Democrats.
Elijah Dominic McDotcom spews:
12,
But you’re still down with Jade Helm, Seth Rich, ServerGate, and Long Form Birth Certificate.
Got it.
Who knows? Maybe the NYT will reconsider the whole Public Editor thing and you can send in your CV.
WTF!? spews:
oppsthy. Someting happwening on Wally Stweet.
somebody farted? Or was it just fake fucking air for the dumbfucks?
WTF!? spews:
soemthing wrong with a doctor that doesn’t know how to diagnosis ED.
Roger Rabbit spews:
@12 “a cadre of progressive groups has already crowdsourced more than $4.4 million to bolster Collins’ Democratic opponent in 2020”
You don’t say! Wow! Yesterday I predicted they would hit $4 million by this weekend. Looks like I need to revise that upward.
Elijah Dominic McDotcom spews:
15,
To be clear, her wish was to remain anonymous while notifying the committee of her allegation. She was blocked from doing so.
And what they were explicitly telling the wimmins was “stop struggling, shut the fuck up, and it’ll be over with that much faster.”
They were going to do it. They weren’t going to be stopped. Better to just lie back and “think of England” until it was over with. And that’s exactly what Susan Collins did.
Roger Rabbit spews:
@14 “Once again I must ask, just exactly when the fuck did Republicans become such a bunch of whiney pussies?”
Between August 1965 and December 1972. But that was okay with me, because I didn’t want to be in a foxhole with them anyway.
Roger Rabbit spews:
@17 Wall Street doesn’t like higher interest rates. They were hoping for no rate hike in December and just found out they’re likely to get a double.
P.S., Trump i whining about the Fed, but it won’t get him anything. Powell, his appointee, knows the Trump Recession is coming and he has to normalize interest rates before it gets here.
Elijah Dominic McDotcom spews:
Stay away from the law, Dumbfuck. And keep your lawyers number handy.
You are arguing defense for CrowPac, Dumbfuck.
The reason Grassley’s and Collins’ office stooges are planting this kind of disinformation among lazy access journalists (and equally lazy Dumbfucks) is because that claim that you object to so vigorously is crucial for them to challenge the fund under federal campaign laws. Under federal campaign and bribery law the “quid” in “quid pro quo” has to be a promise of some reward or benefit. Promising to give something of value to someone else simply doesn’t cut it.
@godwinha spews:
@ 15
Except they didn’t, they respected her wish to remain anonymous…
Right up until they stopped doing that and outed her.
Roger Rabbit spews:
@20 “it’ll be over with that much faster”
They have a point. The average Repuke can rape a woman in 5 seconds from start to finish. How bad can 5 seconds be?
Elijah Dominic McDotcom spews:
Anybody remember Spreading Santorum?
Check this out.
Forever.
GOP Asshole spews:
Tomorrow the DOW will rise 300 points and then I’ll go on FOX News and tell everyone – Strong Economy!
WTF!? spews:
@22 but correct me if I am wrong. Prior to the 2016 election The Feds were just starting to raise interest rates…and they continued to say that they probably would raise interest rates. And in fact they have been raising interest rates and probably not more than what they said they would do. And what did Wall Street do? It falsely pumped like the Hindenburg.
Roger Rabbit spews:
Dow -831 points (-3.15%), S&P 500 -94 points (-3.29%), Nasdaq -316 points (-4.08%). Gotta be a Clinton conspiracy to sway the midterms to the Democrats.
WTF!? spews:
@29 and I didn’t loose much today…that’s why I can smile. 95% of my hundred of thousands have been in the Stable Fund since 2001! Sure I haven’t had any of the great gains, but none of these losses either. And it still keeps growing for me to comfortably retire in 5 years on it. If I were invested in more of the riskier I’d probably working for another 10 years. Be happy with what you got and can get not what anything more.
Roger Rabbit spews:
@28 “And what did Wall Street do? It falsely pumped like the Hindenburg.”
Not really. Price-earnings ratios have come down a bit, so stocks are less expensive today than in 2016. And most of the pumping has been done by corporations buying back their own stock. Trump and the GOP Congress helped, too, by slashing corporate taxes, which boosted after-tax earnings and made more cash available for buybacks.
WTF!? spews:
@31 – I don’t know a ton about the economy, other than 2/3 is based on consumer spending. People need good paying jobs and need products to be at low cost so they can spend more of their money on more than just the essentials to help the economic engine run. All while being able to save too for unexpected things that won’t bankrupt themselves as well as the tax payer. Or heck take some of that savings and invest in the Craps Market.
And for business – they need to keep pumping out shit – tangibles as well as intangible things so they can continue to grow and employee people. They need buyers locally and from abroad.
@22 you said that “…knows the Trump Recession is coming and he has to normalize interest rates before it gets here.” Referring to Powell.
But if that is true how can everything said @31 be good and we are headed into a recession. Are you not referring to that in a positive manner?
“pumping has been done by corporations buying back their own stock. Trump and the GOP Congress helped, too, by slashing corporate taxes, which boosted after-tax earnings and made more cash available for buybacks.”
Again, unless I am mistaken everyone knew the interest rate hikes were coming, they were happening before the end of 2016. Why Wall Streets (or investors) sudden reaction. Weren’t they just short term celebrating know that they would be where they are today, aside from the Trade War.
Shit. Someone send me a birthday cake I turn 100 in about another 50 years. I’m healthier today than I’ve ever been in my whole life since 23 years old – I’ll take the Centurion Cake today!
RedReformed spews:
More Still Disapprove Than Approve of 2017 Tax Cuts
STORY HIGHLIGHTS
39% of Americans approve of tax overhaul; 46% disapprove
64% say they have not seen an increase in their take-home pay
51% say cuts haven’t helped financially; 38% say they have
https://news.gallup.com/poll/243611/disapprove-approve-2017-tax-cuts.aspx
“However, most workers in the U.S. should have seen modest increases in their paychecks starting in February due to employers using the new income tax withholding tables. Yet, nearly two-thirds of Americans, 64%, say they have not seen an increase in their take-home pay as a result of lower federal income taxes. “
RedReformed spews:
Trump’s tariffs now cost Americans more than Obamacare taxes
https://www.washingtonexaminer.com/opinion/trumps-tariffs-now-cost-americans-more-than-obamacare-taxes
“It’s official: The latest round of tariffs now means that the total tax increase on Americans from enacted tariffs exceeds the tax increases from the Affordable Care Act.
With the added $20 billion in trade taxes coming from this latest round of tariffs, the National Taxpayers Union Foundation now estimates the total annual cost of enacted tariffs to be $41.65 billion. That easily outpaces the tax bill from the Affordable Care Act for next year ($34.6 billion) after accounting for recent changes to the ACA.”
WTF!? spews:
@33 “64% say they have not seen an increase in their take-home pay”
I have but only because last year I got back $7000 in my return filing, so I changed my exemption rate so I have less taxes taking out now.
I still want my 100 year birthday cake.
WTF!? spews:
I asked my buddy, a non Hump supporter, who believes the economy is better.
I asked what has he bought this year that he wouldn’t or couldn’t have bought if the economy weren’t as great as it is. I got now answer.
Anyone want to tell me all the extra shit they bought that they wouldn’t have bought. Or stuff that you went and bought because you said to yourself the economy is so great and I am so much in better financial shape that I can now go buy this little extra thing that I couldn’t have done yesterday. An not because you got your annual raise that you were getting anyways.
WTF!? spews:
I know this might be bringing this to a simple minded discussion but the best thing I like about this article, and its probably the least thing to take away from it, is the following:
“If anything, the market turmoil reflects concerns that the economy could grow too fast, forcing the Fed to move aggressively to snuff out inflation. Last Friday’s jobs report showed the US unemployment rate plunged in September to a 49-year low. Wage growth, the biggest driver of inflation, has finally showed signs of life.”
I thought we’re celebrating a great economy every time the unemployment rate drops…seems to me it’s getting in the fucking way and the problem! Bad, bad, bad, bad! But it’s a great economy!
Then I also read an article that the Economy is so good because of wage growth. I even stated here – well who is more likely to call for the $15.00 per hour wage rate. Democrats not Republicans. So Democrats should get the credit for the wage rates growth and this great economy. Oh wait it a minute, they are to blame, it’s happening in too quickly. You little mother fucker peeons, you are supposed to wait patiently for your little morsels, I need my instant gratification of my Wall Street gains!
https://www.cnn.com/2018/10/10/investing/why-stock-market-down/index.html
The Hump spews:
@33 you got to love that tax cut. It’s creating great deficit for great economy!
Putin and I have a horse ride soon!
Steve spews:
After Hurricane Sandy Doctor Dumbfuck’s orange moron tweeted…
“Yesterday Obama campaigned with JayZ & Springsteen while Hurricane Sandy victims across NY & NJ are still decimated by Sandy. Wrong!”
What is Doctor Dumbfuck’s orange moron doing today?
“Donald Trump rallies Republicans in Pennsylvania as Hurricane Michael devastates Gulf Coast”
https://www.rawstory.com/2018/10/watch-live-donald-trump-rallies-republicans-pennsylvania-hurricane-michael-devastates-gulf-coast/
WTF!? spews:
@37 “…has finally showed signs of life.”
Signs of life?…seems more to me that is bringing upon us death.
Now I finally get the quote that with new life brings death.
WTF!? spews:
@39 yeah but The Hump has a real American Birth Certificate, unlike Obama. And The Hump can even prove it! He’s telling them that right now in PA as you and I speak here today!
And I think Puffy is secretly alive being held in good comfort either in North Korea or Russia. The Hump is looking out for his well being.
Roger Rabbit spews:
@32 All three sectors of the economy — government, corporate, and household — are heavily indebted. As interest rates rise, so does the cost of debt service, leaving less money for discretionary spending, which ultimately translates into slower growth or contraction.
Interest rates were held below their “natural” or “market” rate for over 10 years to rescue the economy from the Great Recession. By letting them float back up to that rate, the Federal Reserve gives itself space to fight the next recession by cutting interest rates. However, this comes at a cost to current growth.
Wall Street has known for a couple years that the Fed has reversed its monetary easing policies and is now engaged in monetary tightening.
The problem is the speed of the Fed’s hikes in the policy rate, although investors are also looking at rates not directly controlled by the Fed, especially the TYT or Ten Year Treasury yield, and the inversion curve (the relationship between short and long term rates).
The stock market had priced in three quarter-point rate hikes this year. These have already occurred. Recently there has been talk of the Fed jumping the policy rate a full half-point in December, and many market watchers predicted a sharp selloff if that happened. What we’re seeing this week is a realization or acceptance that a half-point December rate hike on top of the three previous quarter-point hikes since January is probably in the cards. Investors deduce this from Fed policy statements, inflation data, jobs reports, and other economic data; and, perhaps, by the seat of their pants to some extent.
One of the things that happened after 2009 is the Fed backstopped the stock market; that is, policymakers essentially promised to pump more helium into the balloon if needed to keep the market from going down. This policy ended in 2016, which the market responded to with increased volatility, although there remained a lingering supposition that the Fed would step in again if the market or economy ran into real trouble.
What has changed recently is that it’s dawning on investors that the Fed, under a new Trump-appointed non-economist chief, is committed to letting the market determine interest rates (“normalization”), even at the cost of a recession, and will not back down from continuing the rate hikes even if GDP suffers or the stock market corrects.
Actually, what we’re probably seeing is computer-program trading, i.e. a combination of changed expectations plus pre-programmed data triggers are triggering automated selling. As for how deep this may go, I can’t say right now, but certainly deeper than it has so far. The market, which recently has been setting record highs, has a long way to go before it gives up the post-election gains of 2016-2018.
Roger Rabbit spews:
@33 “most workers in the U.S. should have seen modest increases in their paychecks”
Bought with debt, and to be paid for with higher inflation and cuts in public services. Nothing is free.
On top of that, the billionaires got over $1 trillion of tax cuts, and since they’re not paying for it, it’s obvious the rest of us are.
And that’s before tariffs.
Roger Rabbit spews:
All 30 DJIA components fell today. McDonalds (-0.86%) fared least worst; and joining MCD at the top of the least-battered list were consumer stalwarts like Procter & Gamble (-0.92%), Home Depot (-1.05%), Johnson and Johnson (-1.06%), Verizon (1.2%), Walmart (-1.36%), Coca Cola (-1.53%), and Walgreen (-1.7%).
[Full disclosure: Roger Rabbit owns all of these stocks except Home Depot and Walmart.]
In the middle were health care, oil stocks, and banks. The bottom half dozen were 3M (-3.93%), Apple (-4.63%), Boeing (-4.66%), Visa (-4.77%), Microsoft (-5.43%), and Nike (-6.81%); notice the concentration of tech and manufacturing here.
[Full disclosure: Roger Rabbit owns none these stocks, except Boeing, which is by far the best Dow 30 stock of 2018, up nearly 25% since January after today’s decline. Roger Rabbit’s diversified portfolio of conservative blue chip stocks held up well during today’s carnage, in percentage terms declining only half as much as the DJIA and S&P.]
WTF!? spews:
@42
here is an old article / news clip dated 12/16/2015.
https://www.cnbc.com/2015/12/16/fed-raises-rates-for-first-time-since-2006.html
stating “The closely watched “dot plot” that summarizes members’ expectations for interest rates, showed only modest appetite for future hikes, with all but three members projecting the rate to be 1.5 percent or lower by the end of 2016. FOMC members now expect the funds rate to be just 2.4 percent in 2017, against a 2.6 percent projection in September. The expectation also declined for 2018, from 3.4 percent in September to 3.3 percent at this month’s meeting. ”
So, to me, this should have all been known and expected and especially expected in the “Great Economy” that we are having right now.
I understand your point of “What has changed recently is that it’s dawning on investors that the Fed, under a new Trump-appointed non-economist chief, is committed to letting the market determine interest rates (“normalization”), even at the cost of a recession, and will not back down from continuing the rate hikes even if GDP suffers or the stock market corrects.”
https://www.nbcnews.com/business/economy/trump-s-new-federal-reserve-head-approves-second-rate-hike-n882686
“The new short-term interest rate now sits at a range of 1.75 percent to 2 percent.”….”For now, staying ahead of the curve on inflation is likely to remain Powell’s greatest challenge as he attempts to raise rates slowly but surely, without trip-wiring the economy. The current consensus of economists predicts that the Fed will hike rates to 3.4 percent by 2020 in order to keep inflation under control.”
Am I reading the above correctly? So the current rate is less than what was stated in the 2015 article as a forecast. And essentially the current article is forecasting a rate for 2020 that the older article was forecasting for 2018.
And we are having such a “Great Economy”!
Seems to me that investors and Wall Street are their own worst enemies, drunk with give me as much as I can today and tomorrow too but I’ll worry about tomorrow today.
WTF!? spews:
That dam low unemployment rate is talked about in the second article linked in @45.
Damn low unemployment rate is a curse! We need less employment! But every time the rate goes down – we celebrate – cake and candles come out and the “Economy is Great”.
I’m really starting to believe that Puffy is alive and well and in hiding, somewhere safe being fed with green grapes by some Russian or North Korean.
WTF!? spews:
Carl,
come and go as many times as you want. If they think it is rude then tell them that they are a bunch of idiots.
Then ask them if they’ve ever taken a shit, wiped their ass and then disembarked the toilet room but then had to go back 5 minutes later and take another shit.
WTF!? spews:
https://www.thebalance.com/fed-funds-rate-history-highs-lows-3306135
I tried to post this 2 times before without any of my own text, and it wouldn’t post…maybe because not added text on my part?
A1 spews:
Demorat Party Of Crime & Civil War News–Demorats Stage Mock Cop-Shooting, Governor Responds, Demorat Leadership Silent
——————————————
Mississippi Gov. Phil Bryant is condemning a high school band for a football halftime performance that he said was “unacceptable in a civilized society.”Many are saying the performance Friday night by the band from Forest Hill High School depicted students dressed as doctors and nurses pointing toy guns at SWAT team members prone on the ground, WLBT-TV reported. Bryant issued his condemnation Saturday in a tweet.
The performance was held at the high school in Brookhaven where two police officers were killed in the line of duty Sept. 29 responding to a call of shots fired, the station reported
Brookhaven’s mayor said the band director was placed on administrative leave, the station reported.
https://www.foxnews.com/us/mississippi-governor-condemns-high-school-bands-halftime-show
A1 spews:
Demorat Party Of Dirtbag Porn Lawyers News–Arrogant And Stupid Demorats Show Their Asses, Get Boned
———————————-
A new poll from Washington’s eighth congressional district shows Republican Dino Rossi raking a commanding lead over Democrat Kim Schrier in the wake of Democrats’ failed smear attempt on Supreme Court Justice Brett Kavanaugh. The poll, published Wednesday, shows Rossi with a commanding 10-point lead in the battleground district in his race against Schrier to replace retiring Rep. Dave Reichert (R-WA) in one of the districts that could determine the fate of the majority of the House of Representatives.
At 49 percent, Rossi leads Schrier’s 39 percent, well outside the poll’s five percent margin of error. The survey of 400 eligible voters was conducted from Oct. 4 to Oct. 9 by Crosscut/Elway.
In a piece on the poll, Crosscut’s David Kroman wrote that this was unmistakably due to the Democrats’ mishandling of the Kavanaugh confirmation.
“Rossi, a former state senator and real-estate investor, saw an especially large bump last weekend, claiming a 24-point advantage among voters surveyed in the hours and days immediately after the U.S. Senate’s vote to confirm Judge Brett Kavanaugh,” Kroman wrote. “Those respondents made up nearly a third of the total voters surveyed.”
Kroman’s piece cites Elway Research president and pollster Stuart Elway as saying it appears as though the Democrats’ handling of Kavanaugh has “erased” their advantage heading into the midterms.
https://www.breitbart.com/big-government/2018/10/10/after-democrats-fail-on-kavanaugh-poll-shows-washington-state-battleground-district-moving-safely-back-to-gop/
Roger Rabbit spews:
@45 “Am I reading the above correctly?”
Yes.
“So the current rate is less than what was stated in the 2015 article as a forecast.”
Only slightly so. The TYT opened today at 3.225% before falling to 3.15%. That’s not far off the 2015 forecast, and is consistent with the well-known fact that long-term rates have risen more slowly than was expected back then. Bill Gross, former PIMCO bond honcho, got burned by this. The June 2018 NBC article you linked to accurately captured the declining trend in rate expectations going into 2nd half 2018.
“And essentially the current article is forecasting a rate for 2020 that the older article was forecasting for 2018.”
Keep in mind this refers to the TYT, a rate the Fed doesn’t directly control, which is basically a product of market forces. From a policy perspective, the Yellen Fed previously, and now the Powell Fed, pursued and continues to pursue a gradualist approach to raising rates.
Some observers have expressed surprise at continuing sluggish wage growth in light of what appears to be historically low unemployment, but others question the accuracy of government unemployment statistics, with critics pointing out that part-time employment remains relatively high. They argue that the real unemployment rate is closer to 6%, which would explain both tepid wage inflation and why employers are still able to hire over 200,000 workers a month from a supposedly exhausted labor pool.
I think the more important takeaways are (1) the Fed sees inflation as a potential problem over the next couple years, and (2) the FOMC, led by Powell, intends to keep raising rates. I’m waiting to see if the stock market selloff that started last week, accelerated today, and looks from stock futures likely to continue tomorrow, was triggered by a change in recession expectations. Until now, Wall Street and most economists have expected only a slowdown back to trendline (around 2% GDP growth), not an actual contraction, over the next 2-3 years at least.
From a political standpoint, Fed thinking appears to imply rising inflation and a slowing economy going into the 2020 elections, the political implications of which are obvious. It doesn’t take a genius to figure out why Trump is unhappy and is railing against the Fed. The problem is the Fed is being dragged along by forces it (and he) can’t control.
Roger Rabbit spews:
@46 Interpreting unemployment data is tricky. The data itself is somewhat soft because it’s derived from surveys. Then there are definitional issues: A fairly large number of people who aren’t working aren’t counted as unemployed by the government. A U3 unemployment rate (the “official” rate cited by the media) of 3.7% today isn’t the same as a U3 rate of 3.7% in 2005 or 1985 because we have lower labor participation today. We also have a higher proportion of part-time and low-wage jobs held by those counted as employed. This means there’s more labor slack in the economy than appears.
A cursory reading of a couple randomly selected articles will suffice to give you a sense of the story behind the official numbers. In a word, don’t take them at face value, and use them mainly as indicative of labor market trends. There’s no dispute that jobs are easier to get and more people are working, but job quality and wage growth are still issues. It’s also important to understand, especially for stock investors, that while consumer confidence is high and consumer spending is strong, this spending spree is being fueled by resurgent debt, not labor market strength. Those chickens eventually will come home to roost.
Here are a couple more or less representative articles on the subject of criticisms of the government unemployment statistics:
https://smartasset.com/career/problems-with-the-unemployment-rate
https://courses.lumenlearning.com/macroeconomics/chapter/criticisms-of-measuring-unemployment/
WTF!? spews:
Is A1 for steak sauce or is that some type of new magical Pussy Grabber grease to help Pussy Grabbers have a better, more slippery hand.
WTF!? spews:
@49 now that is some kinky shit. The Pussy Grabbers must even fell outmatched on that one.
WTF!? spews:
@52 yeah during the Obama years, the Pussy Grabbers would talk a lot about that. Now not so much. Now it’s a great economy and the cake and candles come out and we say “The Economy is Great. The Greatest thing since the invention of the Washing Machine”
The Stock Market is Fake, a Scam, not necessarily in the fashion of a Ponzi Scheme, but pretty close. When prices of shares drop and rise just because someone feels a fart coming on, and not just any fart, a fart that’s going to stink a bit or a lot.
I understand when price goes up and down based on revenues and profit reporting, but not forecasting from crystal balls and fortune tellers that only have one thing to gain. Either to make money today, or sell and then make more money the next day, at the expense of some Joe Schmo that thinks he knows what he’s doing out there when he’s only going up and down at the mercy of how the market is doing that day, on the good day and on the crash day.
Sure long run -they say you gain. Yes but this volatility has been with us for decades now. It isn’t a temporary thing, it is the norm to go up and down based on fortune telling not on reality of how the economy is. It’s a hoax. A capitalistic hoax.
This economy isn’t much better than the last decade. And its not changing.
I ask on what criteria is it so great of an economy. I ask for charts showing me the difference over the last 10-12 years. No changes.
The only thing that did change is that from 2008 to 2016 we had Repukes go around and brainwash people believing how bad it was. And now from 2016 to present those same fucks go around brainwashing people to thinking how great it is. And consumer confidence goes up or down based on brainwashing.
Because why?
Democrats need to come clean with people – if things are good tell us with comparison and charts when things were sooooo soooo bad in the last decade. And if I’m right and they aren’t seizing this opportunity, then they are stupid.
Roger Rabbit spews:
@48 Historically, Fed rate policy has been used to combat inflation and stimulate growth. These two policy objectives are mutually exclusive, because you fight inflation by tightening (raising rates), and stimulate the economy by loosening (lowering rates). During non-crisis periods, Fed policymakers typically walk a policy tightrope trying to balance the two objectives.
In that chart, you see the Fed tightening as housing heated up until the fall of 2007, then gradually loosening after housing activity peaked and began to decline, and drastically loosening in the fall of 2008 when the credit system froze and financial institutions began to fail.
What you don’t see in this chart is the Fed’s massive infusion of liquidity to save the financial system and fend off deflation, yet you can’t understand what was happening without taking QE into account. Taking interest rates down to zero was only half the story.
You also need to understand what happened in the larger context of things. What should have happened is Congress should have stepped in with massive fiscal stimulus (i.e., deficit spending) to keep the economy from going off the rails. Obama’s stimulus was criticized as too small and short-lived to overcome the crisis facing him, but Republican obstruction prevented him from doing more. There would have been no fiscal stimulus at all without the Democratic supermajorities elected in 2008.
As it turned out, given only tepid fiscal stimulus from a fractured Congress, the Fed had to do most of the heavy lifting with monetary policy, which most mainstream economists agree is weaker and less effective than fiscal policy.
That wasn’t the ideal policy response to the 2007-2008 crisis, but in this country we have a political problem, namely that Republicans are true believers in fiscal austerity as an antidote to recessions, which is exactly the wrong thing to do when the economy is contracting. That’s partly how they turned an ordinary recession in 1930 into the Great Depression.
Republicans also overlook the value of Social Security for preventing from recessions from turning into depression. SocSec functions as a form of fiscal stimulus. Social Security checks help put a floor under how far personal incomes can fall during a contraction, and this money tends to get spent into the economy immediately, helping to maintain money velocity in a slowing economy. It’s also somewhat counter-deflationary because recipients don’t hoard Social Security income.
Obviously, I’m a Keynesian, and the reason I am is because it works and history has repeatedly and painfully proven that conservatives’ favored policy prescriptions don’t work and more often than not make things worse.
Keynesian theory, in its pure form, argues that you should run deficits during recessions and surpluses during booms. The problem in practice is that politicians shy away from the latter half of the prescription. You wouldn’t have a debt problem and wouldn’t have to raise interest rates as much if you raised taxes to cool off the economy when it overheats.
Roger Rabbit spews:
@49 You know the party affiliations of Mississippi high school students? Interesting.
Roger Rabbit spews:
@55 Things aren’t good for most people. Wealth has concentrated even more, income inequality has worsened, good jobs have been replaced by menial jobs, wage income is stagnant and represents a declining share of GDP, benefits have eroded, lifetime employment is a thing of the past, insecurity and anxiety are way up, and most people have gone deeper in debt just to run in place.
Your view of the stock market reflects the wrong way to go about investing in stocks. The experts say don’t trade in and out of stocks chasing gains or yields, because that hurts returns. Put money in stocks that you can leave there indefinitely, and buy well-run businesses that pay dividends and regularly raise them. I don’t care if a stock I own drops in price; I use that as an opportunity to buy more of it. I normally ditch stock only if the business runs into trouble or my original reason for buying it didn’t pan out. I have done better in the stock market than I could have anywhere else. Stocks, over the long run, consistently outperform all other investments. Sure, the stock market is rigged and manipulated to some extent, but enough crumbs drop to the floor to make hanging around the kitchen worth my while.
As I have posted before, you don’t have to hit home runs. All you have to do is make 5% on $1 in a year’s time, then make 5% on $1.05 the next year, then make 5% on $1.1025 the year after that, and so on. This will double your money in 15 years, triple it in 23 years, quadruple it in 29 years, quintuple it in 33 years, sextuple it in 37 years, and your $1 will be worth $10.40 in 48 years. Five percent is a very modest level of return that anyone can achieve without much effort.
Roger Rabbit spews:
“The Fed is going loco” — Trump
“I would not associate Jay Powell with craziness … he comes across, and members of his board, as extremely serious, solid and … keen to base their decisions on actual information” — Christine Lagarde
Who would you trust with your money?
Steve spews:
“I’m really starting to believe that Puffy is alive and well and in hiding, somewhere safe being fed with green grapes by some Russian or North Korean.”
I think the loon (RIP) is still hanging from a tree by a rope somewhere. White supremacists just aren’t the type to cut the loon down and give him a decent burial.
Elijah Dominic McDotcom spews:
60,
I’m sure even as the local Republican members of the CoC were hauling him out of his car at gun point and tying the noose he was blaming it all on “The Libs”.
Roger Rabbit spews:
@61 And they were laughing at his naivete.
Elijah Dominic McDotcom spews:
Remember kids:
Civility!
Elijah Dominic McDotcom spews:
One in four idiot, idolatrous, trailerbilly PornSweat voters is in favor of Medicare-for-All…
… all white people.
The temptation to try to reach out and reason with these racist FuckNuggets will always be there. And there will never be a shortage of bothsiderists in the media willing to do the heavy lifting for them (by themselves they are waaay too stupid) finding all the political common ground. But it isn’t worth it. It will never be worth it. These are toxic human garbage people. They are cancer.
These people and these communities have had five decades to wean themselves off white supremacy and male privilege, and gradually accustom themselves to basic concepts of tolerance and equal protection. Five decades to calm the fuck down. Five decades to learn how not to become completely unglued at “press one for English”. Five decades to learn to resist the overpowering urge to pull a weapon every time a dark skinned person dares to grill at the park or babysit a white kid. Five decades to learn how not to associate alcohol with rape. Five decades to discover that she might not shut up. Five decades to learn that she might actually tell someone. Their shit is all played out now. Time’s up.
Roger Rabbit spews:
Dow’s down another 450-500 points today. Bond guru Jeffrey Gundlach thinks “something bad is happening” in the markets. The selloff explained, per CNBC:
“The sell-off came a day after the 10-year note yield traded above 3.25 percent hitting its highest level since 2011. This occurred about a week after Federal Reserve Chairman Jerome Powell said in an interview with PBS that the central bank is a ‘long way’ from getting rates to neutral, which pointed to a possibly more aggressive path for rate hikes.”
https://www.cnbc.com/2018/10/11/gundlach-says-the-global-stock-market-is-signaling-something-bad-is-happening.html
Roger Rabbit Commentary: I’m inclined to agree it’s mostly about interest rates, although other things are happening as well: Brexit is back in the news, synchronized global prosperity is coming apart, worries about China devaluing, U.S. housing is slowing, debt worries, etc.
Of course, there’s an alternative rationalization floating in the ether: Evil Democrats!! This whole thing is a Clinton conspiracy to make Trump look bad right before the midterm elections. They sat on this market drop for weeks, then sprung it as an October Surprise. It’s a Christine Blasey Ford all over again. But they didn’t get away with it the first time, and they won’t this time, either! I’m buying this dip.
Roger Rabbit spews:
Washington became a non-death penalty state today. Our state supreme court ruled the death penalty is unconstitutional and converted existing death sentences to life in prison.
Roger Rabbit spews:
Half of Washington’s death row inmates are child killers. Don’t need the death penalty for these guys. You can accomplish the same result simply by turning ’em loose into the general prison population.
WTF!? spews:
@65 It’s The Deep State.
Or my feeling is that the market is a hoax and crafted by individuals not real facts. These individuals know they they pushed it too high and need to ratchet it back a bit. I know this makes no sense.
But sure Interest Rates are part of the cause. But what I don’t understand is all these smart people – Cramer, and all and all these financial guys and Corporations – they are supposed to know what’s going on and they don’t.
We hear them say that things are great, and that that’s the problem things are too great. We hear wages are up, but that’s then the problem. We hear that unemployment is at its lowest, and that that great, but yet its part of our problem. Gas is high but that’s not a problem. People are confident – things are great! Tax breaks – short lived but Great!
All these people should have known, they should have been smart of enough to know, they tell us everything else that they know, that the Feds are raising the rates. They started raising in late 2015 and at a slower rate than what was they forecast at that time.
We have the smartest guy in charger – The Hump Pussy Grabber. The GOP is in charge! They always do better than Democrats!! What are their worries? Are they dumbfounded now. Why are they scared? The economy is great. It’s not like they ever would say – “hey look the Feds aren’t raising the rates” and the turn to each other and slapping with high fives, smiles on their faces, popping corks off champagne bottles, yelling “I’m going to Disneyland”
Realize guys that they put these guys on TV to say smart shit, and they pay these people tons of money because they are so smart. But that weatherman – he’s the asshole today because it was supposed to be sunny today and i felt a rain drop.
It’s all a hoax today – driven by the greed, not on any basics.
Maybe all these smart people should speak up and tell the Fed, “Stop with the Hikes!”, it’s bad for this great economy….the greatest economy in over 1000 years!
On the news tonight – all newscaster should go on TV and tell everyone why they have said and reported that the economy is so much greater today than it was yesterday, but then explain why this great economy is experiencing what is experiencing today. Is it just growing pains we all need to just accept and live with?
I know this is a bit of a rant, but……come on the Stock Market is not all that it’s crack up to be with respect to how people say it works.
WTF!? spews:
Again, I didn’t lose much today. Sure I won’t have that big gain tomorrow. Not saying that I will be further ahead. Just that I can care a little a less and not feel like I just lost a bunch of my hard earned cash. And happy with the x amount of guaranteed deposit on 11/1/18 and then 12/1/18.
Sure, I’ll be further behind in 5 years. But hey, I’m free of worry, a bit, that as I retire in 5 years or so that something will be there.
I pretty much told Doctor Dumbfuck about two years ago, give it 2 years before we hit a recession. Maybe I was just lucky, and it hasn’t happened yet. But those smart people aren’t smart enough to figure it out? They are too busy playing the game of lets make a ton of cash!
Roger Rabbit spews:
@68 Money is an illusion. Lettuce is real. You’ll know the difference when you try to eat it.
Roger Rabbit spews:
@68 “Cramer, and all … these financial guys”
Cramer is a TV entertainer, not a financial guy.
“they are supposed to know what’s going on and they don’t”
No, they’re not supposed to know, because nobody knows, and it’s not possible to know; the TV producers only want you to think they do so you’ll watch the show.
They’re all trying to sell you something. Nobody in Wall Street or the financial media makes money until somebody buys something. It’s all about selling.
Roger Rabbit’s advice: Don’t own a TV. Don’t read the financial news. That gets rid of the salesmen. Buy stock the same way you shop for groceries: Ignore the packaging and focus on the contents. Read the nutrition labels. Buy the healthy stuff and avoid the junk food.
Stocks really are as good as they say. Where else can you get money without working for it? Work sucks. Buy the right stocks at the right time, and if you keep doing it, someday you won’t have to work.
Stock ownership is as valid as home ownership. Stock is property. Owning it gives you a claim to a share of the company’s profits. Dividends are real. You pay for stock once, and the money comes in forever. No commuting, no bosses, no meetings, no coworkers, no performance evaluations, no taxes until you’re in the 22% bracket. Are there pitfalls? Sure. Life is never risk-free. You can get killed walking down the street. At least in the stock market the only bad thing that can happen is losing money. You guard against that risk by diversifying and investing in sound businesses.
Elijah Dominic McDotcom spews:
Remember kids:
Civility!
Elijah Dominic McDotcom spews:
Republicans now routinely call for the murder of journalists.
Can we really pretend to be shocked when it happens?
You must believe them. They say these things because they really mean it.
All the stuff about millions of jobs, and “draining the swamp”, and fantastic health care, and respect for the law, and really fabulous deals is pure bullshit. When they talk about “going after” people, and violence and murder that’s the stuff they really mean. Because that’s what helps them get and keep power. And power is the only ideology to an autocrat.
Elijah Dominic McDotcom spews:
Guess what?
The Toddler Torture Party is still torturin’ toddlers!
This stuff isn’t “accidental” or even “unintentional”. They really mean it. Republicans intend for these children to be raped and beaten. They want these detention facilities to be a horror show. They want the prospect of “refuge” in such a facility to be more terrifying than death or sexual slavery, which is what these people face if they stay in their homes. This is really who Republicans are now. Every single one of them.
Elijah Dominic McDotcom spews:
My favorite part from the AP story above:
“The children were all relocated to the company’s other shelters within 10 days,”
Wow! Ten days! Ten more days of routine sodomy and torture at the hands of a professional child gang rape team.
Shut up. Don’t scream. Don’t struggle and it will be over with sooner… in ten days.
Elijah Dominic McDotcom spews:
@4,
BTW, that asshole is on trial right now facing a possible life sentence, and it does not look good for him.👍👍👍
Both he and his lovely wife initially lied to investigators, claiming the teen was trying to break in and charging at them. When confronted by the truth in the surveillance video Mr. Asshole calmly swigged his bottled water and replied he was “tired of being a victim”.
Victim of what, you ask?
Ten years ago his nephew stole beer from his garage. Twice. From his beer fridge, in his garage. Canned beer.
Poor bastard was living a dystopian nightmare hellscape.
No wonder he was angry… ten years later. No wonder he was armed and “on high alert”… ten years later.
No wonder he voted for PornSweat.
A1 spews:
Demorat Party Of Racists News–Demorats To Kanye West– Negro, Get Back On Our Plantation Or We Will Destroy You
———————————–
Members of the media blasted music and design icon Kanye West’s White House soliloquy on Thursday in which he praised President Donald Trump, criticized liberals for using racism as a tool to control African-Americans, and advocated for the right to bear arms.
Liberal talking heads, comedians, and left-wing activists lambasted West across social media.
Snips-
Nikki Haley and Raj Shah are the Kanye West of South Asians.
— Wajahat Ali (@WajahatAli) October 11, 2018
Kanye West is in desperate need of medical intervention. Not sure why anyone is trying to pretend otherwise.
— Molly Knight (@molly_knight) October 11, 2018
Kanye West sat his black ass down in the White House in front of Donald Trump and said he feels like Superman when he puts on his MAGA hat pic.twitter.com/NiqpA7Sv9b
— Ray Cunningham (@MissterRay) October 11, 2018
Kanye West is a genuine moron. Even stupider than trump. He hasn’t the slightest idea what he’s talking about and we should all ignore him.
— Ross McCafferty (@RossMcCaff) October 11, 2018
Kanye West is a disgrace for meeting with him.
A total, unmitigated disgrace.
So is Jim Brown.
Honestly, jokes aside, that was infuriating, and sad.
— mike freeman (@mikefreemanNFL) October 11, 2018
Rep. Jackie Speier just compared the Kanye West/Donald Trump Oval Office meeting to “sitting in on a psychiatric visit” on @CNN.
— joanna schroeder (@iproposethis) October 11, 2018
“Kanye West doesn’t care about human people.” pic.twitter.com/WV9yHXVPUl
— Frank Lesser (@sadmonsters) October 11, 2018
“Hollywood, fashion and art communities need to stop accepting Kim and Kanye into polite society.” https://t.co/kC2jHatODn pic.twitter.com/pL2Sh75oKd
— Nick Monroe (@nickmon1112) October 11, 2018
“KANYE IS SICK” https://t.co/rbgbhR2WO6 pic.twitter.com/mX0sIpRIDP
— Nick Monroe (@nickmon1112) October 11, 2018
“WHITE HOUSE SLAVE KANYE” https://t.co/0TGmhP7IC6 pic.twitter.com/NA3LLKlGnG
— Nick Monroe (@nickmon1112) October 11, 2018
https://www.breitbart.com/big-hollywood/2018/10/11/media-lash-out-at-kanye-west-for-praising-president-trump-in-oval-office-meeting/
WTF!? spews:
https://apple.news/AcUxUzKyOR2iNfD3__0maDA
Hopefully this can be opened.
Headline is “Stocks couldn’t rise forever” – CNN
Well they should have sent a memo to the Dumpfuck Doctor, he thought this was a supper duper hard Hump dick erection.
And the article has the graph that pretty much shows the exact linear increase since 2009. Thank you fucking CNN
No inform the American public that the Feds were raising rates since late 2925, and what they are doing now isn’t much different, especially if this in this Super Duper Pussy Grabbing days.
“If anyone picked up an economic textbook, they would have known this was coming. It’s pretty obvious,” said Zandi
Ha!
Elijah Dominic McDotcom spews:
77,
Gosh, that’s a shame.
Oh well. At least he’ll always have Tiger Blood™!
Elijah Dominic McDotcom spews:
77,
So, just curious.
Is this going to be your shtick now, air dropping in once a day with some random butt-hurt whinging and pissing about your precious delicate feels? Seems like not a day goes by lately that you so-called grown up men don’t find something new to weep about. Ego fragile much? You must have absolutely died inside the other day when your Smelly Orange PornGod boarded AF1 with toilet paper on his shoe. I’m amazed you found the strength to carry on.
——-
Again I must ask, just exactly when the fuck did Republicans become such a bunch of pussies?
Roger Rabbit spews:
Don’t Eat My Potato Chips!
A South Carolina militia demobilized its cousin after warning the cousin not to eat its salt-and-vinegar potato chips. The cousin, after coming out of surgery, told police he didn’t actually eat the militia’s chips.
https://www.huffingtonpost.com/entry/ryan-langdale-attempted-murder-potato-chips_us_5bbfb50be4b01a01d688c4c3
Roger Rabbit Commentary: This militia obviously is a bad shot and needs additional range training to improve its accuracy. Or maybe it needs glasses.
Roger Rabbit spews:
@73 “You must believe them. They say these things because they really mean it.”
What I’ve been saying for years. Liberals must arm.*
* For self-defense, of course, which should be self-evident, but apparently needs to be spelled out for certain dense horse lovers.
Roger Rabbit spews:
@74 Don’t overlook this one:
“Six months after US officials separated them at the border, ICE put a 4-year-old girl on a plane to Guatemala this week so she could be reunited with her father. … The man didn’t learn his daughter was coming until 30 minutes before her flight was set to land in Guatemala City. He lives eight hours away …. [so] the girl would have to spend another night in a shelter alone.”
https://www.cnn.com/2018/10/11/us/ice-separated-families/index.html
Roger Rabbit Commentary: They literally don’t care what happens to brown-skinned kids.
Roger Rabbit spews:
“Trump’s rallies are in such danger of becoming overexposed that even Fox News has decided not to air some of them in full. ‘Trump’s campaign speeches tend to follow a similar pattern,’ Politico reported, quoting a source who said, ‘network officials’ fear was that too much repetition would lead to lower ratings.'”
https://www.cnn.com/2018/10/11/opinions/trump-still-fascinated-by-his-rallies-even-if-fox-news-viewers-arent-dantonio/index.html
Roger Rabbit Commentary: I’ve never been to a Trump rally, but it must be like trying to sit through an entire viewing of “Triump of the Will” (which I’ve done exactly once, many years ago). Once you’ve seen one Hitler rally, you’ve seen ’em all.
Elijah Dominic McDotcom spews:
83,
The typical GOP reproductive health opponent is quietly praying she is forced out onto the street where her organs can be harvested for the wealthy white parents of transplant list kids here in the US.
This is really who Republicans are now.
Roger Rabbit spews:
@80 “just exactly when the fuck did Republicans become such a bunch of pussies”
I don’t remember seeing very many of them in Vietnam, but I suspect it goes back even farther, maybe 2 million years.
Elijah Dominic McDotcom spews:
84,
remember – they always lie. Always.
Overnight ratings for PornStink’s Nuremberg torch rallies had already declined steeply. It was part of the reasoning behind the stage management of the Rapey McPrivilege television spectacular. With that out of the way the network had to make a business decision. But they have to sell it in a way that won’t outrage PornStink.
“Overexposure” is a cliche excuse for withdrawing resources in the entertainment industry. Every talent manager, programming executive, and recording industry A&R exec knows exactly what that means. In fact, to use it so openly in this context is a bit of an insult and implies the network is mocking him. But I’m sure it sounds entirely plausible, and even a bit flattering to PornStink and his drooling mob of trailerbillies.
#Winning!
@godwinha spews:
@ 83
The man didn’t learn his daughter was coming until 30 minutes before her flight was set to land in Guatemala City.
ICE tells NGO. NGO doesn’t do its fucking job.
Oh, and don’t miss the part about the parents not wanting their kids to come home in the first place.
@godwinha spews:
If only he had had a plan for the Democats’ non-acceptance of the 2016 election results.
Obama Had a Secret Plan in Case Trump Rejected 2016 Election Results
http://nymag.com/intelligencer.....sults.html
After all, with Hillary running it’s not like the election was in the bag.
@godwinha spews:
Just think of all of those judges President Bernie Sanders could have nominated.
POLITICO
@politico
4h4 hours ago
By the end of Thursday, McConnell and President Trump will have confirmed 84 judges over the past two years, including two Supreme Court nominees
@godwinha spews:
Of course, McConnell needed some help to get all of those nominees through the system.
Thanks, Senator Heitkamp!
POLITICO✔
@politico
Senate Democrats agreed to confirm 15 lifetime federal judges on Thursday in exchange for Republicans agreeing to go into recess through the midterms so endangered Democrats can campaignhttps://politi.co/2PvzcpW
2:15 PM – Oct 11, 2018
@godwinha spews:
@ 75
Shut up. Don’t scream. Don’t struggle and it will be over with sooner…
Someone’s been listening to a bit too much Pat Benatar.
Elijah Dominic McDotcom spews:
Geezus Teh Dumbfuck!
Look at your timestamps. You pre-edit and then mass copypasta dump? For what? Shock and awe effect? Hours of careful editing and spell check? Refining just the right tone of asshole? Are you really that precious? Oh man. That is fucking awesome, you freak. What the fuck has become of you?
Once again I must ask, when exactly the fuck did Republicans become such a bunch of pussies?
@godwinha spews:
@ 93
You chastised someone @ 80 for dropping in only once a day. That’s not shtick, asswipe. That’s normality.
Dropping in once or twice a day and responding to something someone said earlier would mean that hours could elapse between comment and response. Get used to it. You are not that special – I don’t care what your mother told you when she accompanied you to the senior prom and blew you in the back seat afterward.
Get a life, dude. Roger Dumbfuck Rabbit’s already cornered the market on never leaving HA, not even to take a dump. You need to try something different.
Elijah Dominic McDotcom spews:
94,
Hey sorry, man. Didn’t mean to drop in on you and crush your line. You’re fine, really.
You just keep on doing you, meticulously crafting the perfect hippie punch, or whatever the fuck that is.
Good luck!
@godwinha spews:
@ 95
If you mother didn’t swallow, no one will.
Elijah Dominic McDotcom spews:
96,
Take it easy. We don’t need you to lose your shit like Shortbus.
You aren’t even making sense now. Maybe take a break until some of the shaking subsides.
Roger Rabbit spews:
@88 “NGO doesn’t do its fucking job.”
Neither does God. Who ya gonna blame for that one? The pope?
Oh, and btw, when the government takes a 4-year-old kid into custody, how does that kid’s welfare become a non-governmental organization’s responsibility? Seems to me the government that seized the kid is responsible for the kid until she’s returned to her parents. Everything that happens in between is delegation, and delegators are responsible for supervising delegatees. That’s how it works in business; and if you insist on running government like a business, that’s how it’s supposed to work there, too.
Roger Rabbit spews:
@89 There’s a simple contingency plan for dealing with a mob that refuses to accept an election result. Lincoln can explain it to you.
Roger Rabbit spews:
@90 “Just think of all of those judges President Bernie Sanders could have nominated.”
And we know exactly how many of them would have been confirmed by a Republican Senate.
But that’s okay. Someday we’ll have a Senate majority again. Then it’ll be our turn to play fuck-you.
Roger Rabbit spews:
@92 “Someone’s been listening to a bit too much Pat Benatar.”
Yeah, you tell that to your womenfolk, then let them fill out their own ballots and see what happens.
You know it’s a felony to vote your wife’s ballot for her, don’t you? I’ve never met her, but if I did, the first question I’d ask her is whether she’d vote for you. I suspect you might be surprised by her answer.
Roger Rabbit spews:
@94 “Dropping in once or twice a day”
Like you, huh? You obviously don’t spend your time reading up on the latest medical technologies.
Roger Rabbit spews:
@97 He’s stalking me on Steve’s blog now.
http://handbill.us/2018/10/07/.....-proposal/
http://handbill.us/2018/10/08/.....umbus-day/
I guess it gives him something to do.
Elijah Dominic McDotcom spews:
103,
Gadzooks!
You better hope he doesn’t pull out his “sniffer probe”.
Elijah Dominic McDotcom spews:
103,
I sincerely hope Teh Dumbfuck doesn’t completely decompensate though, like Shortbus did. Tonight’s episode is worrisome. It’s probably inevitable, however. A natural consequence of having passed beyond Teh Orange Event Horizon.
Given that his days are now marinated in a zesty orange fog of Jerome Corsi conspiratard nonsense and irrational fears of his garage beer fridge being violated by darkies, it’s only a matter of time before Teh Dumbfuck begins threatening you with his sniffer probe.
Keep your guard up!
Roger Rabbit spews:
Looks like the stock market rout was just a pout. Shit, the damn thing may go back up before I get to the feeding trough.
https://www.cnbc.com/2018/10/11/us-stock-futures-open-higher-pointing-to-rebound-on-friday.html
Roger Rabbit spews:
@105 It wasn’t a good sign when he started fucking his wife’s horse, and now his Service Loon isn’t around anymore to provide emotional support. This probably won’t end well.
Roger Rabbit spews:
The controversial founder of the Susan G. Komen Foundation, who achieved notoriety by trying to defund Planned Parenthood, is on Trump’s short list to succeed Nikki Haley as U.N. Ambassador.
https://www.cnn.com/2018/10/11/politics/nancy-brinker-un-ambassador/index.html
Roger Rabbit spews:
“First lady Melania Trump said that she has ‘much more important things’ to focus on than the alleged infidelities of her husband, President Donald Trump.”
https://www.cnn.com/2018/10/12/politics/melania-trump-marriage-president-alleged-affairs/index.html
English translation: “I don’t care if my wealthy husband plays around. I’m only in it for the money.”
@godwinha spews:
@ 109
English translation: “I don’t care if my wealthy husband plays around. I’m only in it for the money.”
Heard in the woods around Chappaqua, NY.
@godwinha spews:
Well, Obama certainly wasn’t particularly opposed to falsifying warrant applications in order to spy on them.
Goldy✔
@GoldyHA
Also, Trump isn’t particularly opposed to murdering journalists.
9h
Roger Rabbit spews:
@110 Beat on dead horses much? Not satisfied with just fucking them when they’re alive, I see.
Roger Rabbit spews:
@111 You don’t have to spy on journalists, dumbfuck. You can know exactly what they’re thinking by reading the newspaper. An experience alien to you, no doubt.
Elijah Dominic McDotcom spews:
I’m gonna say I’m agnostic on just how “creepy” this is.
But any dude bro who pronounces “van Gogh” like he’s working up a hairball (however “correct” it may be) has absolutely no place in the modern Trumpublican movement.
Roger Rabbit spews:
Doc, you’ll have to excuse me if I don’t read some of your mindless drivel right away this morning. While you rant about a dead politician, I’m watching a limit order. The living can use money, especially free money. I’ve already bought a bank and now I’m chasing a diversified manufacturer.
WTF!? spews:
@106
It is. They do this on purpose. The only way to make money is if it drops like a stone every once in a while.
It is nothing more of a Ponzi Scheme by a bunch of used car sales clerks. They need to rip off money from the unfortunate first and then stuff it back into their pockets.
I don’t dispute your claims of the stock market. Nothing you say is incorrect.
I just believe that the are inside forces that are working on it too, and not naturally but unnaturally.
As soon as it goes up – there will be another fart. They’ll all act like it is some big surprise to them, put on their sad pout faces and then a week later they’ll be pulling each others dicks again.
@godwinha spews:
@ 113
You can know exactly what they’re thinking by reading the newspaper.
James Rosen. You stupid third-tier fuck.
@godwinha spews:
OTOH, I will admit that one knows exactly what Nick Hanauer is thinking by reading what he pays Goldy to write.
Although Goldy has never fit the definition of a journalist.
WTF!? spews:
@110
you should probably put a bug in the stable….I think the horse is having a conversation with your wife too right about now, and vice versa
maybe use a baby monitor.
Elijah Dominic McDotcom spews:
Remember kids:
Civility!
I suppose we should all be thankful that they didn’t resort to a boat full of dildos.
WTF!? spews:
@114 what a creep.
She must not have been too pretty – didn’t look like a good attempt at some Pussy Grabbing. He might have needed some of A1’s sauce.
Elijah Dominic McDotcom spews:
117,
Remind me again, was it “pussy grabbing” they fired him for, “locker room talk”, or merely “youthful hijinks”?
WTF!? spews:
Ivanka! Ivanka! Ivanka! Ivanka!
https://www.mediaite.com/online/trump-everyone-wants-ivanka-to-replace-nikki-haley-but-i-hear-chants-of-nepotism/
I see no dead in Florida either.
Roger Rabbit spews:
The selloff this week? It’s a pout, not a rout. I can’t say for sure it’s bottomed, but I’m betting it has. Remember, the Trump Economy can’t go down. We have a **businessman** running things now.
#winning
Elijah Dominic McDotcom spews:
Remember kids:
Civility!
@godwinha spews:
How many terrorists did Trump have to release in order to get the pastor back from Turkey?
Roger Rabbit spews:
@116 That’s why I keep cash handy for days like this. I’d guess I buy 90% of my stock shares from computers.
@godwinha spews:
Hey y’all HA libbies, we’re approaching the one-year anniversary of Roger Dumbfuck Rabbit’s recommendation of GE stock. On the date of his recommendation that stock’s share price closed at $23.81. It’s now at $12.79.
Roger Dumbfuck Rabbit touted GE’s dividend as part of his basis for recommending the stock. That dividend has since been halved and there’s talk that it will be cut another 75%.
Well done, Roger Dumbfuck Rabbit. Well done.
@godwinha spews:
@ 127
@116 That’s why I keep cash handy for days like this.
You keep cash handy for days when your credit card is declined when you are out of Depends, Roger Dumbfuck Rabbit.
Elijah Dominic McDotcom spews:
It’s always a hoot to watch how grumpy and short tempered Teh Dumbfuck becomes in the wake of every market dip.
Looks like emotional slavery to me. Fun!
Roger Rabbit spews:
@117 Oh, so you don’t like how Eric Holder treated a Fox reporter? Well, I don’t like how he kid-gloved crooked bankers and fined the shit out of the banks at the expense of innocent shareholders.
So I’m not a Holder fan, either, but understand that doesn’t make me a Republican nor do Holder’s shortcomings excuse voting for Trump. Do whatever you like with this.
Meanwhile, your guy has no problem with autocrats who murder journalists. Actually, he admires them, and probably wishes he could emulate their behavior.
Roger Rabbit spews:
@118 Anyone who thinks this blog is a newspaper obviously has never seen a newspaper. Goldy is the liberal equivalent of Fox News. What’s okay for them should be okay for him, too.
Roger Rabbit spews:
@121 What mystifies me is why guys like him imagine they’re attractive to women. I mean, cripes, look at the women they end up with. This one’s face is made from Lego blocks.
https://www.indiatoday.in/fyi/story/student-brings-battle-rifle-to-college-graduation-shows-off-sign-saying-come-and-take-it-1235412-2018-05-17
Roger Rabbit spews:
@126 Maybe he traded a Saudi journalist for him in a 3-way deal.
#artofthedeal
Roger Rabbit spews:
@128 “we’re approaching the one-year anniversary of Roger Dumbfuck Rabbit’s recommendation of GE stock”
That’s interesting because I never recommended GE stock, but the dumbfuck who didn’t follow my suggestion to short it at 23 never tires of lying about it.
My limit order went through, so I now can devote my full attention again to shooting down your bullshit. You’re not going to get away with anything this morning.
Roger Rabbit spews:
@129 You must be the dumbfuck I saw hitchhiking near the airport who didn’t carry any cash for a taxi in case his credit card didn’t work.
Roger Rabbit spews:
@130 Well, you know those options gamblers. Leverage turns a nickel into a dollar pretty fast. The trouble is that works in both directions.
Roger Rabbit spews:
@125 “A Southern California man … arrested … [for] threatening to kill U.S. Sen. Dianne Feinstein … has a 1991 grand theft conviction …..”
Here is a future Republican congressman.
Elijah Dominic McDotcom spews:
137,
So does it work just like gambling?
Neuro research indicates gambler’s brains work differently in terms of risk/reward evaluation. Oddly enough most of us overestimate or over-perceive losses and in relative terms underestimate or under-perceive gains. And some people are fairly rational and account fairly accurately.
But degenerate gamblers are quite different. In a sense they actually perceive some losses as gains. Essentially in “near win” situations their brains release the very same cascade of chemical rewards as in actual wins. Even though in these kinds of risk bets “coming close” is no better than “missing by a mile” (in terms of the financial accounting) the degenerate gambler’s brain tells them a very different story. To them almost winning feels just as good as actual winning. The “high” they experience is precisely the same.
Casinos all know this and they design casinos, games, gaming environments, and loyalty programs to maximize this effect. That’s why it is so easy for people like this to keep chasing the “high” until they have nothing left. It’s by design. They are being targeted.
Do some investors experience neurochemical rewards from “near wins” (that result in real accounting losses) as “making a killing”? And if this is the case, I’d be shocked if the speculative and high risk investment brokers aren’t also manipulating the product design, communications, and investor relationships to take advantage of it. Sounds dreadful. Like I said, like slavery.