Cknolls

Mighty Mouse is headed to Copenhagen after all.

QUOTE (lostfan @ Sep 24, 2009 -> 04:11 PM) I want to know why a god damn equivalency needs to be drawn for everything and people can't just talk about things like they are. Hence, this thread is trash.

QUOTE (BigSqwert @ Sep 24, 2009 -> 02:11 PM) No, but I'm not the one laughing about it. I think he is laughing at you saying, "I wouldn't rule it out though"

QUOTE (NorthSideSox72 @ Sep 24, 2009 -> 12:55 PM) Yeah, today was interesting news-wise in the markets. Sales of existing homes dipped unexpectedly, but new and recurring unemployment claims dropped unexpectedly. But, extended unemployment claims rose by a very large 80k. This means that continuing claims would have been 80k worse except those unemployed people's normal unemployment benefits ran out. They are now no longer counted as continuing claims. In addition the exhaustion rate hit a record 52%: 52% of those on unemployment completely ran out of benefits and are on their own. They are no longer counted as unemployed(except for U-6 unemployment rate, which is not what everyone looks at).

QUOTE (Balta1701 @ Sep 23, 2009 -> 05:36 PM) Not if you do the math, actually. The $2-$3 trillion price tag for Iraq is still less than the $800 billion stimulus and $700 billion bank bailout and even the other things like AMT reform, SChip expansion, etc. put together. Of course, GWB alwo managed to cut taxes by well over $2 trillion over 10 years in his first 3 years in office as well. And added the $750 billion Medicare drug and insurance company bailout bill of 2003. Ah, the AMT, another fine Democratic idea to try to get what,less than 50 families to pay more. How is that working out for us? Who would have thought to index it?

http://www.amazon.com/gp/redirect.html?ie=...wwwviolentkicom SWEET!

QUOTE (southsider2k5 @ Sep 23, 2009 -> 01:59 PM) Which is pretty much exactly why the Obama admin is lying when it saids that federal funds would not fund abortions. They are playing accounting tricks that would make Enron proud. Come on! OBAMA does not lie!

QUOTE (lostfan @ Sep 23, 2009 -> 09:28 AM) How do you figure that? The US boycotted the UN anti-racism forum for basically the same reason and a bunch of European countries walked out when Ahmadinejad started his usual anti-Semitic rants. Well, Obama will be in attendance, right. And I do not believe he has the balls to walk out on A-JAD.

http://www.nationalpost.com/news/story.htm...1#ixzz0RvymRqSs Wonder if they will be the only ones?

QUOTE (southsider2k5 @ Sep 21, 2009 -> 09:47 PM) We haven't seen the real unemployment wave go through yet. As long as things are this bad in the employment sector, the housing sector can't recover. Bingo. Also there is another massive wave of resets occurring next year and 2011. Granted they will reset with rates from a lower level but will still hit with increased principal payments to borrowers.

QUOTE (NorthSideSox72 @ Sep 21, 2009 -> 07:42 PM) No really, I am asking because I want to know, not being snarky. Are you saying what most of the pundits are now, that we're overbought and about to slide down a bit? Or are you saying we are in for a BIG drop? I am still very skeptical of this rally. As I said a couple weeks ago, I am short above 1044 with a stop just over 1120. Everyone is expecting this market to retrace 50% of the bear mkt, i.e., 1120. For that reason, I am leery of the mkt actually attaining this level. The same could be said for the selloff everyone is waiting for. Watchpot never boils. Yes, I do believe we will selloff. Will it be a BIG drop? Well if a possible move down to 840 is a BIG drop, then yeah. More likely is a test of the 986 level. But I believe the BIG DROP will occur between late next year and 2012. BIG DROP= SPX 475-500.

QUOTE (NorthSideSox72 @ Sep 21, 2009 -> 02:40 PM) Same can be said of any index, and for both ups and downs. What is your point? Easy sparky. Just making an observation.

Did you know the Nikkei rallied 20% or more six times (and 50% or more four times) since the secular bear market began in 1990? And yet the index is DOWN 74% since then? How many of those were labeled "new bull markets" by the talking heads?

This is pretty amazing and pretty moving too! http://latimesblogs.latimes.com/washington...the-ticket.html

http://www.reason.com/news/show/136159.html

QUOTE (StrangeSox @ Sep 17, 2009 -> 02:48 PM) Oh, sure, they paid AFTER THE GOVERNMENT PRESSURED THEM. Details details.

http://biggovernment.com/2009/09/17/final-...-for-roll-call/

QUOTE (bmags @ Sep 17, 2009 -> 02:11 PM) so the heart of the story was correct and was TWO examples of GOVERNMENT needing to step in to get them treatment and we mock it...haha. awesome. Yeah the guy died 4 YEARS later. we all f***ing die. How did he get the stem cell transplant? And who paid for it?...Oh yeah, HIS INSURANCE. Ah yes Messiah is always right.

Criegh Deeds in a presser today, "I'm not going to raise taxes, but I'm going to sign a transportation plan that raises new revenue." Then in the post-debate press conference, he says, within milliseconds of each other, "I have no plans to raise taxes" followed by "everything is on the table." Good s*** maynard!!

Hey Poland, Barack says HAPPY 70th ANNIVERSARY!! Smooth like sandpaper.

http://online.wsj.com/article/SB125314896131518267.html I love Schakowsky"s response. Insufficient VETTING by the WHITE HOUSE. LMAO.....There's a first.

No pierogis for you, Mister President

QUOTE (Balta1701 @ Sep 16, 2009 -> 09:35 PM) No, California is not. California's tax system is a disaster, and California's public services are soon going to be at the level of Mississippi. Because the state can't collect property taxes at any reasonable level, the state has to rely hugely on income and sales taxes, which pushes up those rates to ridiculous levels making California seem like it's overtaxed. It has the side effect of murdering California any time there's an economic downturn, because housing prices are more stable than incomes or sales. And it has the side effect of being a huge subsidy to the housing industry. And of course, putting a giant distortion in to the housing market can have no negative consequences whatsoever, right? It has nothing to do with public employee unions and their pension costs. Not just Cally. Illinois needs to reform too. I hear no one talk about this problem. 3% colas every year,in ILLINOIS, without regard to the underlying economy? Good policy. You want to retire after a certain amount of years, and then take another job, you do not receive your pension until you turn 65, just like Social Security. You take your pension early, you take a reduced amount, just like Social Security. You work in several levels of gov't., you receive one pension. That's the argument people will make, right, these peolple have no Social Security. So make the pension system like social security.

QUOTE (NorthSideSox72 @ Sep 17, 2009 -> 09:07 AM) I think the capitol police number, 60 to 70k, is most likely to be accurate, just because I doubt they have any motivation to skew it either way. If anything, when PD's give out numbers like that, they tend to exagerrate up, just to make the point about how much work they had to do. But whatever, seriously, it almost doesn't matter. I mean, the 2 million number was so absurdly silly, that its worth pointing at and saying "uh, yeeeeeeeeahnnnnooooooo", but if its 100k, or 200k, or 80k - whatever. I agree, 2+ million, come on, someone is smoking something. http://pajamasmedia.com/blog/more-912-crow...eah-it-was-big/ FWIW.

QUOTE (lostfan @ Sep 16, 2009 -> 05:16 PM) Going back to the numbers of the 9/12 protesters I did a little reading and figured out the sequence of events. Some conservative blogger, I forget who, said there were between 1 and 1.5 million and attributed it to ABC News. He basically completely made that number up, didn't link to it or anything. Malkin repeats this on her blog but she "rounded up" and said there were 2 million protesters, and from here it got linked to/repeated everywhere, and of course Beck jumped on the bandwagon too. ABC, having not said anything remotely close to this, has to come out with an article essentially saying "we have no idea where the 2 million number came from but it wasn't us, we cited the Capitol Police/Fire Dept. number that said 60-70k." Malkin eventually corrected herself Interestingly the guy who started the whole thing corrected himself too but blamed the "media" for the inaccuracy. The photo with the big crowd is apparently one from years ago that someone arbitrarily started passing around and saying it was a picture of 9/12. This is what the crowd looked like on Inauguration Day by the way. And this isn't showing the crowds in the streets that didn't get into the Mall. Edit: I'm not a hypocrite btw, the number isn't that important if we're talking about the difference between 70k and 100k, it is in fact a large crowd, but we're talking about multiplying the number by 28.5 times the actual number. Funniest analogy I saw was from Nate Silver who said exaggerating by a factor that large is like claiming to have a 53 inch penis. I will post a blurb in a bit with numbers in the 400k range IIRC; the person citing these numbers contacted the transportation dept. and used their numbers for public transportation use to come up with a crowd estimate. They compared 9/12's #'s to innauguration day and I believe million man march day. Give me a few and I will post.