November 30, 2011

DOOM: Cry your blues away
— Monty

DOOOOM

World central banks might be worried about another "Lehman event" in Europe. The Euro crisis keeps going from bad to worse. EDIT: Teh Bernank to the rescue? Hey, we've got plenty of money, right? If not, we can just print some more! Here's a rule, investors: never gamble with people who can print their own money.

Italian borrowing costs are higher than they’ve been for more than a decade. This can’t continue for much longer.

The future of jobs. Given that human intelligence and ability fall into a bell curve, it's going to be a tough world for those on the left side of the curve...but really, hasn't that always been the case?

The Great Job Massacre.

Curing the unemployment blues:

If one government program had its rough edges, a second government program could ride to the rescue. Implicit in this argument was the tantalizing, but fatal, assumption of economic abundance: The government has the power to tax, and with that power, has access to a cornucopia of public funds that never runs empty—at least until it does.

10 things that (honest) capitalists really believe.

The Eurozone: 10 days to live?

A credit rating is just an opinion, and often a mistaken one. It is not a performance guarantee, a fact that many financiers and investors either forgot or deliberately ignored. There’s no substitute for due diligence as a risk-abatement strategy.

Time was that as a kid Junior would eat all the cookies and beef jerky in the house and leave you none. Then Junior went off into the world and you thought, “Now, I can have the cookies and beef jerky to myself!” Alas, no: Junior has slunk back to the ancestral manse, is camping in the basement, is drinking up all your beer, and is sitting around in his underwear playing Battlefield 3 all day. (I figure we’ve done enough Boomer-bashing lately; let’s bash on some of those thankless lazy good-for-nothing kids for a change.)

When things stop making sense in the bond world, it’s a good sign that a big shock is not far off. The bond markets crave stability above all else, and when the behavior of that system becomes chaotic, it signifies some pretty bad things.

If the Eurozone crisis is worse than it looks, the citizens of that region are in for a world of hurt, because it looks pretty damned bad. (Also, see my post on the bond markets above: when things stop making sense in the bond world, bad things lurk nearby.)

I’ve said it many times: “Europe” is not a nation like the United States is a nation, and it never will be.

Standard & Poor’s to 37 global banks: BAM!

The problem with America’s spending is only partly debt that we’ve already accrued; the bigger problem is future obligations -- in particular Social Security and Medicare.

McConnell two days ago: “I say no to an extension of the payroll tax holiday!” McConnell yesterday: “I give an extension of the payroll tax holiday a good, firm maybe.” I always love to see a public servant of stout conviction and firm principle. It gives me hope for the future.

UPDATE 1: Those crazy kids from Taiwan explain the Euro crisis to you as only they can.

UPDATE 2: For many heavily-indebted cities, even bankruptcy may not provide an escape from their problems.

Posted by: Monty at 03:47 AM | Comments (256)
Post contains 570 words, total size 6 kb.

1 fap! fap! fap!

Posted by: Glenn Beck at November 30, 2011 03:53 AM (yAor6)

2 Why the states are DOOMed: Philacrapia educrat ran up a $600M deficit while mismanaging the public schools on a $346K annual salary, took $905K in buyouts to leave in favor of someone marginally less incompetent, cashed out unused vacation and sick leave, keeps her retirement bennies... AND... has the nerve to file for unemployment.

Posted by: Gregory of Yardale at November 30, 2011 03:57 AM (AQD6a)

3

well gold and silver continue their rise, so I guess this IMF bailout of Europe is another poop sandwich.

 

We should have severed ties with Europe after World War 2 or at the very least after the collapse of the Soviet Union.

Why do we keep expending so much blood and treasure to a dying peoples?

Why are we voluntarily shackling ourselves to a corpse?

Posted by: Ben at November 30, 2011 03:58 AM (wuv1c)

4 Barack Obama is a stuttering clusterf*ck of a miserable failure.

Posted by: Dudes on those Guinness Commercials at November 30, 2011 03:59 AM (8y9MW)

5 #2

Forget it, Jake, it's LiberalTown.

Posted by: nickless at November 30, 2011 04:00 AM (MMC8r)

6 Off "Brilliant!" Sock.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 04:00 AM (8y9MW)

7 btw I saw the Trailer for "The Iron Lady" I dont really see anything...yet...that is an attack on her legacy

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:01 AM (yAor6)

8 @2 - The Morning News guys on WBAP were talking about that as I drove into work this morning.  Personally, that's a "meh," to me.  If she's eligible for UE, then she's eligible for UE.  My problem is with the program itself, not with this particular instance of "abuse."

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 04:05 AM (8y9MW)

9

Why are we voluntarily shackling ourselves to a corpse?

Posted by: Ben at November 30, 2011 08:58 AM (wuv1c)

But it is a Socialist corpse, so that makes it the right thing to do!

Posted by: Hrothgar at November 30, 2011 04:06 AM (i3+c5)

Posted by: oh my at November 30, 2011 04:06 AM (oZfic)

11 from Monty's top link:
 
In addition, the initial margin for three-month US dollar operations will be reduced from currently 20% to 12% and weekly updates of the EUR/USD exchange rate will be introduced in order to carry out margin calls. Those changes will be effective as of the operations to be conducted on 7 December 2011.
 
In other words, we are gonna let y'all borrow lots more for a lower price and with much less asset backing. Hmmm, isn't this how Corzine and MF Global got into a lot of trouble? And by trouble, I mean bankruptcy.

Posted by: GnuBreed at November 30, 2011 04:06 AM (ENKCw)

12 The amazing part about Ackerman is that no one has snapped that lady up yet! How on Earth could SHE be unemployed? The mind boggles

Posted by: BlackOrchid at November 30, 2011 04:06 AM (SB0V2)

13 ....... and the Fed American taxpayer just bailed out the World . See Drudge .

Posted by: Bill D. Cat at November 30, 2011 04:07 AM (npr0X)

Posted by: oh my at November 30, 2011 04:07 AM (oZfic)

15

Looks like we are bailing out Europe.

Even more inflation to follow.

Posted by: PreBanned at November 30, 2011 04:08 AM (S38q4)

16 Can any of you really smart morons explain to me,

How The National Bank of Greece (ADR) (Public, NYSE:NBG) went from $0.43 on Friday, to $2.45 on Monday - an increase of over 400%?

Posted by: franksalterego at November 30, 2011 04:08 AM (9XykO)

17 Posted by: franksalterego at November 30, 2011 09:08 AM (9XykO)

Jooos.

Posted by: CharlieBrown'sDildo (NJconservative) at November 30, 2011 04:09 AM (nEUpB)

18 How The National Bank of Greece (ADR) (Public, NYSE:NBG) went from $0.43 on Friday, to $2.45 on Monday - an increase of over 400%? Somebody's taking it up the ass…

Posted by: FRONT TOWARD LEFT at November 30, 2011 04:09 AM (p7SSh)

19 In other words, we are gonna let y'all borrow lots more for a lower price and with much less asset backing

I think we were talking, yesterday, about some "stealth" bailout for Europe, and I said, something along the lines of "if, by 'stealth' you mean 'completely out in the open.'"

Yeah.  About that.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 04:10 AM (8y9MW)

20 I hereby dub today's cat 'EuroCat'. Please let me in. Meow.

Posted by: GnuBreed at November 30, 2011 04:10 AM (ENKCw)

21 I hereby dub today's cat 'EuroCat'. Please let me in. Meow.

Posted by: GnuBreed at November 30, 2011 09:10 AM (ENKCw)

now curious/sky/cankerous/dazed and confused/dum de dum dum dum/oh my will rush in for the mention of cat

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:12 AM (yAor6)

22 Let's try that link in the name again...

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 04:12 AM (8y9MW)

23 anyone listen to Neal Boortz yesterday morning? I was SHOCKED how cordial and nice he and Paul were to each other

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:13 AM (yAor6)

24 This guy and david on CNBC seem just a little shaken up this morning?

They announced that the president is visiting Scranton today, yet again.  BTW, if you want to hear all about the presidents many visits to scranton and why they are important, John Batchelor covered it last night.   There is a podcast on his website.

Posted by: oh my at November 30, 2011 04:13 AM (oZfic)

25 and the cat pee comes in, links and all

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:14 AM (yAor6)

26 Posted by: oh my at November 30, 2011 09:07 AM (oZfic)

Do you wear Depends after your stints in the men's room at Grand Central?

Posted by: Typical troublemaking moron at November 30, 2011 04:14 AM (nEUpB)

27 Okay, what's with the We'll Meet Again song at the end of the Taiwan News? Are they implying that there will be a world war?

Posted by: mike at November 30, 2011 04:16 AM (p8B53)

28 26 Posted by: oh my at November 30, 2011 09:07 AM (oZfic)

Do you wear Depends after your stints in the men's room at Grand Central?

Posted by: Typical troublemaking moron at November 30, 2011 09:14 AM (nEUpB)


hahha, Attack me cause I'm posting things you want to avoid reading?  Interesting how none of you want to talk about anything but your candidate.  Perhaps a lot of you are being paid by your candidate for your services?  As you not caring about anything else has become increasingly obvious to those of us seriously concerned about the economy and the country.

Posted by: oh my at November 30, 2011 04:17 AM (oZfic)

29 Are they implying that there will be a world war?

Posted by: mike at November 30, 2011 09:16 AM (p8B53)

pfft we wont need a world war to fuck countries over this time

Posted by: Bailouts at November 30, 2011 04:17 AM (yAor6)

30 You notice that the Taiwan News guys never touched the OWS or other occupoopers?

Posted by: mike at November 30, 2011 04:17 AM (p8B53)

31

hahha, Attack me cause I'm posting things you want to avoid reading? 

most of us dont like gay porn

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:18 AM (yAor6)

32 You notice that the Taiwan News guys never touched the OWS or other occupoopers?

Why would they?  It's not like they can actually insult them- to do that, the target has to have some shred of pride and dignity.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 04:18 AM (8y9MW)

33 You notice that the Taiwan News guys never touched the OWS or other occupoopers?

they might have. go to their youtube and look through their old videos. I'm sure they touched on the subject.

Posted by: Ben at November 30, 2011 04:19 AM (wuv1c)

34 31

hahha, Attack me cause I'm posting things you want to avoid reading? 

most of us dont like gay porn

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 09:18 AM (yAor6)

On that we agree but it seems that you spend your days coming on the doom threads and not discussing the issues at hand.  Guess it is much easier for you sheeple to just avoid thinking about the economy. 

Posted by: oh my at November 30, 2011 04:19 AM (oZfic)

35

Attack me cause I'm posting things you want to avoid reading?

There isn't a lot of reading involved in pictures of analingus.

Posted by: dagny at November 30, 2011 04:20 AM (I4h50)

36

On that we agree

then post it bitch

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:21 AM (yAor6)

37

On that we agree

then post it bitch

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 09:21 AM (yAor6)

then dont post it bitch

FIXED

wa-wa-wa-wa-wa

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:21 AM (yAor6)

38 One warning: take the blog jihad somewhere else. Don't crud up my thread.

Posted by: Monty at November 30, 2011 04:22 AM (/0a60)

39 they might have. go to their youtube and look through their old videos. I'm sure they touched on the subject.

Posted by: Ben at November 30, 2011 09:19 AM (wuv1c)

ive seriously thought in the past they were a bit on the liberal side

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:22 AM (yAor6)

40 One warning: take the blog jihad somewhere else. Don't crud up my thread.

Posted by: Monty at November 30, 2011 09:22 AM (/0a60)

heard and done but my last comment on the matter would be to not let curious in the blog at all

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:23 AM (yAor6)

41

I can't believe we are loaning money, which will be spent immediately, causing inflation, to countries that are defaulting on thier loans.

Isn't Greece's 50% bond haircut basically a 50% default?

Why loan money to countries that can't pay it back, I am not sure we can pay our own debt back.

Is the government using inflation to write off our debt and reduce our entitlement commitment?

Posted by: PreBanned at November 30, 2011 04:23 AM (S38q4)

42 so I guess I was the only one to see "The Iron Lady" trailer huh?

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:24 AM (yAor6)

43

How brillant do the English people look now that the Euro is in the shitter? Guess not falling for that was a good idea. Too bad they fell for the rest.

An italian, a spainiard, and a greek walk into a bar and order a round of drinks. Who pays for it?

Posted by: dagny at November 30, 2011 04:25 AM (I4h50)

44 42 I have a policy against watching anything with that bitch as the star.

Posted by: dagny at November 30, 2011 04:25 AM (I4h50)

45 To add to this morning's festivities, the beck interview with Michelle Bachman.

Posted by: oh my at November 30, 2011 04:26 AM (oZfic)

46 Why loan money to countries that can't pay it back, I am not sure we can pay our own debt back.

Liberty varies inversely with the size and scope of government.

Government, by its nature, exists to limit Liberty- and it's found an amazing means of doing so.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 04:26 AM (8y9MW)

47 An italian, a spainiard, and a greek walk into a bar and order a round of drinks. Who pays for it? Is the government using inflation to write off our debt and reduce our entitlement commitment? I'm assuming that last question is rhetorical. We are all so worried about tax increases! But the Gov't has already increased our taxes. Via inflation. Right under our noses.

Posted by: BlackOrchid at November 30, 2011 04:26 AM (SB0V2)

48 An italian, a spainiard, and a greek walk into a bar and order a round of drinks. Who pays for it?

You.

Posted by: Ben Bernanke at November 30, 2011 04:27 AM (8y9MW)

49

Posted by: dagny at November 30, 2011 09:25 AM (I4h50)

lol I'd usually agree but I was curious (spit) to watch the trailer and didn't see any bias in it...yet. The trailer might hide it to get more box office money.

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:27 AM (yAor6)

50 My favorite thing to do when I was a kid was to blow bubbles. Today I wonder whether that could be deemed Freudian or merely ironic.

Posted by: Ben Bernanke, Ph.D. at November 30, 2011 04:27 AM (rJVPU)

51 Today I wonder whether that could be deemed Freudian or merely ironic.

Neither.  It would simply be "practice."

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 04:28 AM (8y9MW)

52 Posted by: Monty at November 30, 2011 09:22 AM (/0a60)

Or what? You'll ban people for attacking a known troll?


Posted by: CharlieBrown'sDildo (NJconservative) at November 30, 2011 04:29 AM (nEUpB)

53 An italian, a spainiard, and a greek walk into a bar and order a round of drinks. Who pays for it?

The German. For now.

Posted by: Retread at November 30, 2011 04:29 AM (ALZZ7)

54 Or what? You'll ban people for attacking a known troll?


Posted by: CharlieBrown'sDildo (NJconservative) at November 30, 2011 09:29 AM (nEUpB)

woah!

*grabs CharlieBrown'sDildo*

bro, be careful, I like you, I want you to stick around

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:29 AM (yAor6)

55 Posted by: Ben Bernanke, Ph.D. at November 30, 2011 09:27 AM (rJVPU)

I thought you'd forgotten me!

Posted by: Bubbles at November 30, 2011 04:30 AM (nEUpB)

56 (CNBC) The rebound in U.S. nonfarm productivity growth was not as strong as previously estimated in the third quarter, while wages declined for two straight quarters, supporting the Federal Reserves views of moderate inflation pressures.

Productivity increased at a 2.3 percent annual rate, the Labor Department said on Wednesday, a downward revision to its previous estimate of 3.1 percent.


A downward revision. How unexpected!

Posted by: TheQuietMan at November 30, 2011 04:30 AM (1Jaio)

57

 An italian, a spainiard, and a greek walk into a bar and order a round of drinks. Who pays for it?

The answer is supposed to be "A German" but since they don't have any national defense, "You" is the right answer in my book.

 

I heard that the Thatcher family was less than pleased.

Posted by: dagny at November 30, 2011 04:31 AM (I4h50)

58 Posted by: Monty at November 30, 2011 09:22 AM (/0a60)

Or what? You'll ban people for attacking a known troll?

Monty, I've got to side with the rest of the Morons, here.  At best, the poster formerly known as 'curious' is an annoying twit who enjoys posting random (and usually off-topic) links.  At worst, it is an active troll.  We've asked ace (and the other cob-loggers) to ban it several times, and the answer keeps coming back "no."  Well, fine, then we'll commence our normal troll-bashing.

As much as I love the DOOM! Thread, it is not sacrosanct.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 04:31 AM (8y9MW)

59

I heard that the Thatcher family was less than pleased.

Posted by: dagny at November 30, 2011 09:31 AM (I4h50)

oh wow, guess a hopeless romantic like me actually thought Hollywood for once would get History right

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:32 AM (yAor6)

60 An italian, a spainiard, and a greek walk into a bar and order a round of drinks. Who pays for it?

The Germans, until they replace their government.

Posted by: Vashta Nerada at November 30, 2011 04:32 AM (hsIYw)

61 Or what? You'll ban people for attacking a known troll?

I'll just quit posting the DOOM thread. I don't want to have to babysit a bunch of people who can't manage themselves. This isn't a job, this is something I do for fun. When it stops being fun, I'm going to quit doing it.

Posted by: Monty at November 30, 2011 04:32 AM (/0a60)

62 I smell a revolution right now

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:32 AM (yAor6)

63 59 Seriously?

Posted by: dagny at November 30, 2011 04:33 AM (I4h50)

64

I'll just quit posting the DOOM thread.

I dont need a thread to be around punk

Posted by: DOOM at November 30, 2011 04:33 AM (yAor6)

65 Seriously?

Posted by: dagny at November 30, 2011 09:33 AM (I4h50)

yes, i'm an optimist

...before reality eventually hits me like a rock every time

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:34 AM (yAor6)

66 Does anyone care to share where (not physically!) they are keeping their investment money these days? I've been in mostly cash and gold. I had thought about trusting my neighbor who is a currency trader, but his house just foreclosed!

Posted by: Justamom at November 30, 2011 04:34 AM (1nhS1)

67 A downward revision. How unexpected!

Doesn't a downward revision of .8% mean they missed their guess by > 25%?  That is (math warning), 3.1 - 2.3 = .8 and .8/3.1 = ~.258.

For reference, if a major business missed it's projected targets by 25%, there would be serious doubt that they could survive the folly.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 04:34 AM (8y9MW)

68 65 My husband is like that. It's sweet.

Posted by: dagny at November 30, 2011 04:35 AM (I4h50)

69 An italian, a spainiard, and a greek walk into a bar and order a round of drinks. Who pays for it?

The answer is supposed to be "A German" but since they don't have any national defense, "You" is the right answer in my book.

 Posted by: dagny at November 30, 2011 09:31 AM (I4h50)

Another acceptable answer is:  a Portugese with a German's credit card.

Posted by: Vashta Nerada at November 30, 2011 04:35 AM (hsIYw)

70

if Monty wont do the DOOM thread, give it to soothsayer

he thinks next year will be 1948 all over again, so yeah can't get much worse then that...

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:35 AM (yAor6)

71 We are so screwed. When does the drinking thread start?

Posted by: PreBanned at November 30, 2011 04:36 AM (S38q4)

72 We are so screwed. When does the drinking thread start?

Posted by: PreBanned at November 30, 2011 09:36 AM (S38q4)

wait...we needed a thread for that?

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:36 AM (yAor6)

73 The answer is supposed to be "A German" but since they don't have any national defense, "You" is the right answer in my book.

The correct answer is "A German, but only after asking the other three to hand over their checkbooks, credit cards, debit cards etc."

Posted by: Waterhouse at November 30, 2011 04:37 AM (Npcnj)

74 "they might have. go to their youtube and look through their old videos. I'm sure they touched on the subject." Ben: I've done searches before and again this morning - nada.

Posted by: mike at November 30, 2011 04:37 AM (p8B53)

75

An italian, a spainiard, and a greek walk into a bar and order a round of drinks. Who pays for it?

The answer is supposed to be "A German" but since they don't have any national defense, "You" is the right answer in my book.

I have to use that joke on someone

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:38 AM (yAor6)

76 Does anyone care to share where (not physically!) they are keeping their investment money these days?
I've been in mostly cash and gold. I had thought about trusting my neighbor who is a currency trader, but his house just foreclosed!

Posted by: Justamom at November 30, 2011 09:34 AM (1nhS1)

Mine is in DG stocks and short term AAA municipals.  I am in the inflationist camp, not the deflationist camp.

Posted by: Vashta Nerada at November 30, 2011 04:38 AM (hsIYw)

77

>>>As much as I love the DOOM! Thread, it is not sacrosanct.

Whoa Whoa Whoa, let's not blaphemy the DOOM thread. The DOOM thread is a vengeful, spiteful and merciless thread.

Do not agitate the DOOM thread.

Posted by: Ben at November 30, 2011 04:38 AM (wuv1c)

Posted by: oh my at November 30, 2011 04:38 AM (oZfic)

79 A bit of amusing trivia from CNBC this morning: Netflix is the only S&P 500 stock trading in the red this morning.


Posted by: Retread at November 30, 2011 04:39 AM (ALZZ7)

80

>>>Ben: I've done searches before and again this morning - nada.

huh. I guess that is kinda surprising.  Not sure what to make of it. They don't seem to be a pro-democrat organization. They have definitely mocked democrats before.  Maybe they didn't deem it to be important enough

Posted by: Ben at November 30, 2011 04:39 AM (wuv1c)

81 You'll ban people for attacking a known troll?

Trolls only comment for attention. Attacking them only vindicates them because, in their minds, it means someone thinks their opinion matters.

If I were really pathetic and friendless, I might go to left-wing blogs and try to stir stuff up if it was the only form of human contact available to me.

Posted by: Gregory of Yardale at November 30, 2011 04:40 AM (AQD6a)

82 let's not blaphemy the DOOM thread

<Pedantry>It would be "blaspheme."  "Blasphemy" is the noun, "blaspheme" is the verb.</Pedantry>

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 04:41 AM (8y9MW)

83

Trolls only comment for attention. Attacking them only vindicates them because, in their minds, it means someone thinks their opinion matters.

we tried the ignore it stuff, didn't work

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:41 AM (yAor6)

84 CNN was trumpeting the biggest jump in US consumer confidence in 8 years yesterday.

Posted by: Waterhouse at November 30, 2011 04:41 AM (Npcnj)

85 A bit of amusing trivia from CNBC this morning: Netflix is the only S&P 500 stock trading in the red this morning.


Posted by: Retread at November 30, 2011 09:39 AM (ALZZ7)

damn it

Posted by: AuthorLMendez Is A Netflix Fan at November 30, 2011 04:41 AM (yAor6)

86 Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 09:34 AM (8y9MW)
When companies miss their targets by miniscule amounts, their stock value typically drops significantly.  Wonder what IBM stock would look like after a 25% under performance estimate?

Posted by: Hrothgar at November 30, 2011 04:41 AM (i3+c5)

87 I'm interested in hearing Miley Cyrus' new song commemorating our DOOM.  Unfortunately, I understand she's busy tooting the hookah.

Posted by: Hussein the Plumber at November 30, 2011 04:42 AM (jx2j9)

88 Posted by: Monty at November 30, 2011 09:32 AM (/0a60)

Your Doom posts are usually interesting, if not always for your original content (don't be insulted; nobody bats 1.000) then for the comments.

But as was pointed out above; they are not sacrosanct. If you expect us to genuflect as we sagely absorb your sermons...then you are going to be disappointed.

Posted by: CharlieBrown'sDildo (NJconservative) at November 30, 2011 04:42 AM (nEUpB)

89 CNN was trumpeting the biggest jump in US consumer confidence in 8 years yesterday.

Posted by: Waterhouse at November 30, 2011 09:41 AM (Npcnj)

*facepalm*

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:42 AM (yAor6)

90

You know what we need? TAX HIKES! Except for Pelosi and Kerry. They are insider trading royalty.

Posted by: KrugmanBidenMSMObamaPelosi at November 30, 2011 04:43 AM (O7ksG)

91 Wonder what IBM stock would look like after a 25% under performance estimate?

You see what happened to AMR yesterday?  Yeah, I'm guessing that.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 04:43 AM (8y9MW)

92 I'm interested in hearing Miley Cyrus' new song commemorating our DOOM.  Unfortunately, I understand she's busy tooting the my long hookah.

Posted by: Hussein the Plumber at November 30, 2011 09:42 AM (jx2j9)

FIFY

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:43 AM (yAor6)

93 i'd be lost without a doom thread.
well more lost than usual.

Posted by: willow at November 30, 2011 04:43 AM (h+qn8)

94 The last name "Cyrus" - is made up. How stupid is that?

Posted by: Juji Fruit at November 30, 2011 04:44 AM (O7ksG)

95

You know what we need? TAX HIKES! Except for Pelosi and Kerry. They are insider trading royalty.

Posted by: KrugmanBidenMSMObamaPelosi at November 30, 2011 09:43 AM (O7ksG)

dont forget the Earthquakes and Wars!

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:44 AM (yAor6)

96 I am betting on inflation.

Posted by: PreBanned at November 30, 2011 04:44 AM (S38q4)

97 man I love DOOM kitteh

Posted by: chemjeff at November 30, 2011 04:44 AM (OoiW1)

98 Following up on justamom, and figuring this market bounce will not last long, just where can you put your 401K money if your company only has basic options running from cash to all stock/bonds?

Oh, and one thing I learned early on is to never feed a troll.  (I want my morning DOOM thread!  Don't mess it up!)

Posted by: jjmurphy at November 30, 2011 04:45 AM (xjEAl)

99 Err, seriously you could guys would have Monty end the doom thread merely so you can keep writing about the men's room at Grand Central? Are you taking Gardasil or something? Just ignore the troll. I would rather the troll wither on the vine than being stupid and driving Monty off in a huff.

Posted by: blaster at November 30, 2011 04:45 AM (Fw2Gg)

100 81 The only problem with this one is that it always posts links and we know that those links are either pron or are something meant to demoralize or disturb us. It changes it's name and has a new hash. We also know it's crazy. It pissed me off the other day to find myself in a link that I didn't know ita genesis was that poster. Someone could potentially lose their job if they click on one of its pron links. Is that OK for the sake of keeping the thread looking nice? I don't care since I work from home but, blech.

Posted by: dagny at November 30, 2011 04:45 AM (I4h50)

101 We need more tax dollars extracted and funneled into the corrupt union/democrat election rigging money laundering machine. It's your patriotic duty to pay up.

Posted by: BidenTofurkey at November 30, 2011 04:45 AM (O7ksG)

102 Someone in the sidebar asked where they could by a SCOAMF bumper sticker. If you click on my name, I have one there.  Not trying to spam - just if you are interested.

Posted by: mama winger at November 30, 2011 04:46 AM (P6QsQ)

103

Just ignore the troll. I would rather the troll wither on the vine than being stupid and driving Monty off in a huff.

i'll say it again - we tried ignoring it, it didn't work

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:46 AM (yAor6)

104 74 "they might have. go to their youtube and look through their old videos. I'm sure they touched on the subject."

Ben: I've done searches before and again this morning - nada.
________

I'm sure I've seen one that ended with something like a starving Ethiopian kid and snark about how the #OWS crowd might want to keep in mind who the real 99% are. Don't recall which video it was on, though.

Posted by: Anachronda at November 30, 2011 04:47 AM (6fER6)

105 99 We don't have to talk to it. Just a "Cat piss" post would do the trick to alert everyone.

Posted by: dagny at November 30, 2011 04:48 AM (I4h50)

106

Someone could potentially lose their job if they click on one of its pron links. Is that OK for the sake of keeping the thread looking nice?

+1, I comment on here from work and I dont have time to explain why gay porn just flashed on my screen

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:48 AM (yAor6)

107 Who asked you to babysit, Monty? Is it your responsibility to police any thread you've posted? That can't be true, because Gabe commonly posts flame-bait and never sticks around to respond to the comments.

Posted by: Empire of Jeff at November 30, 2011 04:48 AM (vzFJV)

108 We don't have to talk to it. Just a "Cat piss" post would do the trick to alert everyone.

Posted by: dagny at November 30, 2011 09:48 AM (I4h50)

heh I like that new thing everyone's been doing

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:48 AM (yAor6)

109 ok, what happens when IMF or WE directly bail them out?
what happens to our money that is already not backed  but printed with denominations on them at this point?
doesn't this help devalue our own currency?
or can we expect inflation how would we recover?

Posted by: willow at November 30, 2011 04:48 AM (h+qn8)

110 i'll say it again - we tried ignoring it, it didn't work

And therein lies the rub.  You guys keep saying it and saying it and saying it and [repeat ad nauseam].

The troll's less of a problem than the whiners.  Stop engaging it already.

Posted by: Additional Blond Agent at November 30, 2011 04:49 AM (uehxp)

111 or would this weaken the Euro instead?

Posted by: willow at November 30, 2011 04:49 AM (h+qn8)

112 That can't be true, because Gabe commonly posts flame-bait and never sticks around to respond to the comments.

Posted by: Empire of Jeff at November 30, 2011 09:48 AM (vzFJV)

Christ help me, I love Empire of Jeff's posts even when I disagree with them

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:49 AM (yAor6)

113 Eye on the World reminded me of Hitler's disillusionment with the performance of his secret weapon:

http://tinyurl.com/77ugy9a


Posted by: Hussein the Plumber at November 30, 2011 04:49 AM (jx2j9)

114 Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 09:46 AM (yAor6)

Dude, give it a rest for a while. We like the DOOM thread like we like our coffee -- black, bitter, and frequent.

Posted by: joncelli at November 30, 2011 04:49 AM (RD7QR)

115 Morning, doomers.

Check out this news I just stumbled across this morning. Not a single local news source is reporting this.

In fact, all we heard during the months of Sept. and Oct. was about "crops rotting in the fields".

http://tinyurl.com/7cs5r4t

Posted by: Scott J at November 30, 2011 04:50 AM (KC2BE)

116

106 Some places have a 0 tolerance for pron. It shows up and you are gone.

Hubby worked with a guy who let his teenage son play games on his computer during a christmas party. Guess who was notified that he was getting canned and had to have the security tapes pulled? Yep. Still embarassing as hell though.

Posted by: dagny at November 30, 2011 04:50 AM (I4h50)

117 The troll's less of a problem than the whiners.  Stop engaging it already.

Posted by: Additional Blond Agent at November 30, 2011 09:49 AM (uehxp)

what part of ignoring it has not helped do people not get?

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:50 AM (yAor6)

118 We like the DOOM thread like we like our coffee  FLOTUS-- black, bitter, and frequent.

FIFY

Posted by: Gregory of Yardale at November 30, 2011 04:51 AM (AQD6a)

119 From the second update:
some local officials in distressed cities are invoking bankruptcy as an option, especially in cases where the political process has broken down.

I would suggest that if you're declaring Chapter 9 bankruptcy, the political process has pretty well "broken down."

I would also point out that asking the Federal Government to do what you do not have the will to do should get you fired.  Maybe citizens should vote to get that put in their city charters: "If the municipality ever files for bankruptcy, all council members, the mayor, and officers {list} will be immediately removed from office, their duties to be performed by {whoever} until the elections to fill their positions for the remainder of their terms to be held no later than 90 days from the date of filing."

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 04:51 AM (8y9MW)

120

So there's a big MSM push to nominate Gingrich. Golly I wonder why? Susan Boyle with a wig. Some say Romney is un-elecatable. Really? So it's Gingrich? If so, say hello to 4 more devastating years of Presnit Teleprompter.

Posted by: ecd at November 30, 2011 04:51 AM (O7ksG)

121 Dude, give it a rest for a while. We like the DOOM thread like we like our coffee -- black, bitter, and frequent.

Posted by: joncelli at November 30, 2011 09:49 AM (RD7QR)

I like the DOOM thread too, I have fun w/ the beck fapping to Doom jokes, but look around im not the only one whos talking about the troll. In fact i'm not the one who started getting mad at Monty for wanting a cleaner thread

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:52 AM (yAor6)

122 Some sites disallow commenters' posting of links. That might help with linkbot/linkwhore problems. Which is what we seem to have; it is not a troll. Meanwhile, Philly finally got rid of the Occupoopers, but has to pay the max UE bennies to Queen Arlene. So, we're doomed.

Posted by: BlackOrchid at November 30, 2011 04:52 AM (SB0V2)

123 I would rather have newt than mitt. HOWEVER, I think the stupid broads are more likely to vote for mitt. (They know who they are).

Posted by: dagny at November 30, 2011 04:53 AM (I4h50)

124 Lighten up Francis!!

Posted by: McLovin at November 30, 2011 04:53 AM (BKneV)

125 has anyone seen these fire alarm test on Brian Williams' show?!

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:53 AM (yAor6)

126 Posted by: Empire of Jeff at November 30, 2011 09:48 AM (vzFJV)

Oh no, just the unalloyed brilliance that is DOOM!

Monty sits in front of his monitor, lounging in a smoking jacket and silk slippers while he reads his adoring fan's paeans to his brilliance. Anyone who interferes with that is immediately suspect.

Posted by: CharlieBrown'sDildo (NJconservative) at November 30, 2011 04:53 AM (nEUpB)

127 Posted by: Scott J at November 30, 2011 09:50 AM (KC2BE)

Okay, that's pretty awesome.

Tough, as people point out- that work has to get done.  If they can't hire illegals, they're not just going to let it not get done- they'll eat a loss (in the form of reduced profit, not in the form of actual loss- probably) and hire legal personnel.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 04:54 AM (8y9MW)

128

Posted by: dagny at November 30, 2011 09:53 AM (I4h50)

w/ every new anti-Mitt being torned down as not being good enough i'll find myself voting for Mitt over Hunstman come Jan 31st

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:54 AM (yAor6)

129 We love you. Now pay up, lose your job and give the troll a kiss for us.

Posted by: Corruptocrats Krugman and Progholes at November 30, 2011 04:54 AM (O7ksG)

130 sigh.

Posted by: willow at November 30, 2011 04:55 AM (h+qn8)

131

Does the stock market rise on inflation?

Gold does sort of, but didn't gold tank and scrape the bottom for decades after it's last big bubble?

Bonds are probably a NO NO especially municipal bonds?

Inflation will eat up CD's but is a slow loss better than the risk of a larger loss?

Did the stock market tank in the 30's because of deflation?

Posted by: PreBanned at November 30, 2011 04:55 AM (S38q4)

132 Monty sits in front of his monitor, lounging in a smoking jacket and silk slippers while he reads his adoring fan's paeans to his brilliance. Anyone who interferes with that is immediately suspect.

Posted by: CharlieBrown'sDildo (NJconservative) at November 30, 2011 09:53 AM (nEUpB)

And smoking a cigarette in a holder. Don't forget that part. Oh, and the evil cackling. That's important too.

Posted by: joncelli at November 30, 2011 04:55 AM (RD7QR)

133

Posted by: CharlieBrown'sDildo (NJconservative) at November 30, 2011 09:53 AM (nEUpB)

Charlie are you on the facebook group? I like your outspokeness

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:55 AM (yAor6)

134

>>>Who asked you to babysit, Monty? Is it your responsibility to police any thread you've posted?

 

Actually. It is kinda the responsibility of the poster to police the thread for racist trolls and the like.

Why are people so agitated this morning? It's not like the financial world is coming to an end...

Serisouly though, why poke Monty in the eye here? His Doom threads are great. He's providing them to you free of service.

If you want a troll banned here is what you do.  You copy their offending comment or link and e-mail it to aceofspadeshq@ google mail   dot com   and explain to the head ewok why you think the troll should be banned.

If it's a legitimate reason, other that the person is just being an ass, then I'm certain ace will ban that person. Heck you can send that e-mail to any of the other bloggers.

I

Posted by: Ben at November 30, 2011 04:56 AM (wuv1c)

135 83: wasn't that because some people just could/would not ignore?

Posted by: Palerider at November 30, 2011 04:56 AM (FBj6Z)

Posted by: CUS at November 30, 2011 04:56 AM (84pE9)

137

Posted by: Corruptocrats Krugman and Progholes at November 30, 2011 09:54 AM (O7ksG)

I just had coca-cola come up my nose...

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:57 AM (yAor6)

138 I just had coca-cola come up my nose...

Better than a Clif bar...

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 04:58 AM (8y9MW)

139 Mama winger is the SCOAMF bumper sticker have his douche symbol in the O?

Posted by: mr Pink at November 30, 2011 04:59 AM (FaV6C)

140

Serisouly though, why poke Monty in the eye here? His Doom threads are great. He's providing them to you free of service.

If you want a troll banned here is what you do.  You copy their offending comment or link and e-mail it to aceofspadeshq@ google mail   dot com   and explain to the head ewok why you think the troll should be banned.

I think if I had the time I could pull that off w/ many examples, or I could just show what happens everytime it brings its cat pee to the threads

of course it's the middle of the week and most folks must be cranky to begin with

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 04:59 AM (yAor6)

141 Mama winger is the SCOAMF bumper sticker have his douche symbol in the O?

Posted by: mr Pink at November 30, 2011 09:59 AM (FaV6C)

Ive seen 1 Obama 2012 sticker and a crap load dissing him

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 05:00 AM (yAor6)

142 Btw is it fucked up of me to not be able to tell who the troll is?

Posted by: mr Pink at November 30, 2011 05:00 AM (FaV6C)

143 134 This is an organic troll. There is no single comment but rather long series of obnoxiousness. Think Lindsay Graham is to the cause as Curious is to the Morons......

Posted by: dagny at November 30, 2011 05:00 AM (I4h50)

Posted by: The Pirates Your Mother Fears at November 30, 2011 05:00 AM (lpWVn)

145 Btw is it fucked up of me to not be able to tell who the troll is?

Posted by: mr Pink at November 30, 2011 10:00 AM (FaV6C)

can't blame you, it changes names like Charlie Sheen does jobs, drugs, and women

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 05:01 AM (yAor6)

146

can't blame you, it changes names like Charlie Sheen does jobs, drugs, and women

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 10:01 AM (yAor6)

Also, new hash, which threw me off at first. 

Now I see It and ignore anything It links or posts.  Not too hard, though it is very difficult not to call It out on Its behavior.

Posted by: MWR, Proud Tea(rrorist) Party Hobbit at November 30, 2011 05:03 AM (4df7R)

147 RE: the post about the Eurozone. I've said before that the European Union was doomed from inception because There is No Such Thing as a European. Another dipshit liberal feel-good goatfuck that is self-defeating because its central premise ignores fundamental human nature. Tribalism is the default setting of humanity. The reason America has worked under a different model for so long is because we created a new tribe: Americans. And the tribe's principles and desired characteristics are laid out in its founding documents. Those principles promote individual liberty above all else. Have you ever read the EU constitution? It is a fucking mess of vague feel-good bullshit that papers over its true purpose - to enslave a continent to unelected bureaucrats. And what those bureaucrats are finding out is that being a slaveowner is no fun when they're a bunch of lazy motherfuckers who are eating you out of house and home. Should we help? As Captain Kirk replied to Bones when informed that without Federation help, the Klingon race would die... "Let them DIE."

Posted by: Empire of Jeff at November 30, 2011 05:03 AM (0yt4x)

148

Posted by: The Pirates Your Mother Fears at November 30, 2011 10:00 AM (lpWVn)

well the vast right-wing media is out for Bill Clinton, don't you know?

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 05:04 AM (yAor6)

Posted by: Kratos (Ghost of Sparta) at November 30, 2011 05:04 AM (9hSKh)

150 I've said before that the European Union was doomed from inception because There is No Such Thing as a European.

Eurotrash is pretty easy to spot though.

Posted by: dagny at November 30, 2011 05:05 AM (I4h50)

151

Does the stock market rise on inflation?  Generally, yes, as the market value of the underlying companies are being measured in increasingly less valuable dollars.

Gold does sort of, but didn't gold tank and scrape the bottom for decades after it's last big bubble?  Yes

Bonds are probably a NO NO especially municipal bonds?  Long term municipals are a bad idea; short term are relatively safe from default and interest rate risk.

Inflation will eat up CD's but is a slow loss better than the risk of a larger loss?  If you pick the right stocks, they will always beat CDs

Did the stock market tank in the 30's because of deflation?   The depression of the 1930s was deflationary, though the market tanked due to a bubble formed in the 1920s.

Posted by: PreBanned at November 30, 2011 09:55 AM (S38q4)

Posted by: Vashta Nerada at November 30, 2011 05:06 AM (hsIYw)

152

I've said before that the European Union was doomed from inception because There is No Such Thing as a European.

Thatcher said it best on the EU: No! No! No!

she should have added a "Hell No"

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 05:06 AM (yAor6)

153

NEW YORK (Reuters) - Private sector job growth accelerated in November as employers created the most jobs in nearly a year, prompting economists to raise their forecasts for Friday's more comprehensive U.S. labor report.

The ADP National Employment Report on Wednesday showed private employers added 206,000 jobs this month, surpassing economists' expectations for a gain of 130,000 jobs. It was the biggest gain since December 2010.


Hiring is up at this time of year and just by coincidence it was up like this last year. Comrades this is a sure sign that Barry's glorious economic plans are working. Just don't look at the "unexpected" January numbers when they come out.

Posted by: TheQuietMan at November 30, 2011 05:07 AM (1Jaio)

154 Alen @127, yes. It's completely awesome and I plan to spread it far and wide.

I'm going to HAMMER all the local news rooms with it.

Posted by: Scott J at November 30, 2011 05:08 AM (KC2BE)

155

Meanwhile, the Dow is up +400 points today.  WHEEEEE!  Happy days are here again, baby!  Any day now, we'll be seeing those feel-good stories on TV, with the everpresent chinging of cash registers as background noise.

Trouble is, none of it makes sense.  I can no longer watch the financial news and feel that the stock market is giving me information related to reality.  It's like those stories about planes flying at night with their pitot tubes blocked.  The computer is getting nothing but static and intermittent garbled data, and feeding it all back out to the disoriented pilots in the form of nonsense readings.  So they're trying to make sense of instruments saying they're going 400 knots on the left, 200 knots on the right, climbing to 4000 ft and about to go into a stall, just before the plane flips over on its back and crashes into the ocean.

Posted by: Dr. Mabuse at November 30, 2011 05:08 AM (2kVso)

156

Posted by: Dr. Mabuse at November 30, 2011 10:08 AM (2kVso)

I still have a bad feeling we're due for a Grand, and I mean Grand, Stock Market crash

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 05:09 AM (yAor6)

157

VDH has another good column at NRO. 

Obama 101

Just an excerpt:

Before Obama, many Americans still believed in massive deficit spending, whether as an article of fairness, a means to economic growth, or just a lazy fallback position to justify an out-of-control federal government. But after the failure of a nearly $800 billion “stimulus” program — intended to keep unemployment under 8 percent — no one believes any more that an already indebted government will foster economic growth by taking on another $4 trillion in debt. In other words, “stimulus” is mostly a dead concept. The president — much as he advised a barnstorming President Bush in 2005 to cease pushing Social Security reform on a reluctant population — should give it up and junk the new $500 billion program euphemistically designated as a “jobs bill.” [MWR - Ah, but Victor, we all know he won't.  That is not the Obama Doctrine.  The Obama Doctrine is to act like you're doing something, then throw a tantrum.]  The U.S. government is already borrowing every three days what all of America spent on Black Friday...

Posted by: MWR, Proud Tea(rrorist) Party Hobbit at November 30, 2011 05:10 AM (4df7R)

158 My prediction: Barak will try to flush AT LEAST a trillion down the bottomless euro debt hole. Not to save europe, but just to doom us more. Out of malice. Any opportunity or excuse to double down on failure is goal number 1. I sound like a nut case to myself even as I type this. Hopefully I am wrong. I want to be wrong.

Posted by: Max Power at November 30, 2011 05:10 AM (+wxCD)

159 Who asked you to babysit, Monty? Is it your responsibility to police any thread you've posted?

This is Ace's site, and whatever we post here, main thread or otherwise, reflects on him. Ace can do as he wishes, but when I'm posting here I'm acutely aware that I'm playing with Ace's reputation, not my own. I'm not going to jeopardize his standing on the wider Internet if I can help it.

So yes, it is my responsibility to police the thread under my posts and weed out the nastier kinds of trolls: the racists, the abusive jerks, the psychos. People tend to forget that other people can quote that crap to reflect badly on Ace. Ace has a wide readership, and some pretty big names follow Ace pretty regularly. He gets the blame for stuff posted here, whether it appears under his byline or not.

Posted by: Monty at November 30, 2011 05:11 AM (/0a60)

160 Hiring is up at this time of year and just by coincidence it was up like this last year. Comrades this is a sure sign that Barry's glorious economic plans are working. Just don't look at the "unexpected" January numbers when they come out.

Seriously?  They're making hay of known seasonal hiring?  Is there nothing they won't spin for SCOAMF?

Hey, look at that, stores hired in November.  Now, what happens in late November and through December that businesses might be able to predict, and so add additional, albeit temporary, employees?

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 05:11 AM (8y9MW)

161

the nastier kinds of trolls: the racists, the abusive jerks, the psychos.

check, check, check...

sounds like the cat pee troll to me

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 05:12 AM (yAor6)

162 Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 09:55 AM (yAor6)

Yes, but I rarely go there.

Posted by: CharlieBrown'sDildo (NJconservative) at November 30, 2011 05:13 AM (nEUpB)

163 I'm going to HAMMER all the local news rooms with it.

Posted by: Scott J at November 30, 2011 10:08 AM (KC2BE)

Bawney Fwank just got excited by you capatilizing those words

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 05:13 AM (yAor6)

164 Yes, but I rarely go there.

Posted by: CharlieBrown'sDildo (NJconservative) at November 30, 2011 10:13 AM (nEUpB)

well I just gave you a positive shout-out over there

Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 05:14 AM (yAor6)

165 Apparently taunting and ridiculing someone with Multiple Sclerosis specifically over the fact that that moronette has MS does not count as abusive. 

Posted by: Y-not at November 30, 2011 05:14 AM (5H6zj)

166 What's wrong with abusive jerks? Fine. I'm outta here.

Posted by: Empire of Jeff at November 30, 2011 05:14 AM (vzFJV)

167 Barak will try to flush AT LEAST a trillion down the bottomless euro debt hole. Not to save europe, but just to doom us more

No, I don't buy it.  Virtually no one has negative motivations.  That is, no one sets out to be Evil because they like being Evil; no one decides to destroy something simply because they like destruction.  Motivations are positive in nature, and they must be warped for someone to pursue destructive ends.

Given that, what would his positive (but warped) motivation be to do such a thing?  I don't think "spite" (which is really just showing one's power) would quite explain it- unless he really does believe he's doomed next November.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 05:15 AM (8y9MW)

168

153 -Look at how the media jumps. Back when Bush was prez, 5.2% unemployment was a disaster, and the MSM talked it down everyday. Indeed, Holiday-new-hires is nothing new.

Posted by: ecd at November 30, 2011 05:15 AM (O7ksG)

169 Thank you Allen G for talking me back from the brink. I'm not totally there yet...

Posted by: Max Power at November 30, 2011 05:18 AM (+wxCD)

170 Mitt's interview with Brett was bad. 

Posted by: Y-not at November 30, 2011 05:19 AM (5H6zj)

171

No, I don't buy it. Virtually no one has negative motivations.

Hmmm

Posted by: Hitler at November 30, 2011 05:19 AM (mFxQX)

172

Thanks Vashta.

 

Posted by: PreBanned at November 30, 2011 05:20 AM (S38q4)

173

That can't be true, because Gabe commonly posts flame-bait and never sticks around to respond to the comments.

I don't police flames. (Does this place look like LGF to you?) I police racism and personal attacks on other commenters.

Posted by: Gabriel Malor at November 30, 2011 05:20 AM (IkTb7)

174 We don't have to talk to it. Just a "Cat piss" post would do the trick to alert everyone.

This.  When said troll changes its name so frequently, I've been caught unawares.  I'd like to know they're stinking up the thread so I can be sure not to click on any of its links.  A simple " [insert troll name of the day] cat piss!" would work.

Posted by: Lady in Black: still voting for Perry (He has the best hair.) at November 30, 2011 05:21 AM (ycuSb)

175 I don't believe the employment figures. According to my recent experience, even mall retailers aren't seeing an uptick in demand for the holiday season. Hell, I applied last week for a job at Victoria's Secret and they told me, "We're not hiring." Pretty rude about it, too. Seriously, the economy's not my fault, lady. No need to be such a bitch.

Posted by: Empire of Jeff at November 30, 2011 05:21 AM (l9zgN)

176

I’ve said it many times: “Europe” is not a nation like the United States is a nation, and it never will be.

My dearly departed British grandparents would have rather died than be dubbed "Europeans."  They did not like being lumped in with the "continentals" as if they were all one big happy family.  They viewed the continental Europeans as lazy, slovenly layabouts (think Spain and Portugal, and the whole Mediterranean); feckless cowards (French); and the Bad Guy Who Sometimes Was All Right (Germany, c/o WWII).  So when the whole idea of a "European Union" was first introduced, I knew it would never work.  They've been killing each other for centuries.  Little things like the Viking invasions, the Spanish Armada and Waterloo are not easily swept under the rug and forgotten.

Sometimes I swear I can hear a faint hum coming from the vicinity of Vermont, and I know it's the sound of my grandfather's scattered ashes spinning in their resting places because he can't spin in his grave. 

Posted by: MWR, Proud Tea(rrorist) Party Hobbit at November 30, 2011 05:22 AM (4df7R)

177

The troll army is being assembled even as we speak.....all those bright-eyed axelturfers are getting flushed off the streets of OWS and getting job offers from the DNC to sit on their computers all day and troll the righty blogs.

So there's a little more doom for all the troll-haters, it's going to get worse!!

 

 

Posted by: NotATroll at November 30, 2011 05:23 AM (neKzn)

178 @171 - He didn't have negative motivations- not in the sense I defined (limitations of a concise language, there).

Hitler had the positive (not "good" mind you) motivations of power and ambition.  They were warped into their negative counterparts, but they're the same motivations that led, for instance, Rome to conquer- and therefore civilize- their "known world."  They're the same motivations that lead good people (as well as bad) to seek the Presidency of the United States.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 05:24 AM (8y9MW)

179 16 Can any of you really smart morons explain to me,

How The National Bank of Greece (ADR) (Public, NYSE:NBG) went from $0.43 on Friday, to $2.45 on Monday - an increase of over 400%?

Posted by: franksalterego at November 30, 2011 09:08 AM (9XykO)

Is that share price or total assets?

Posted by: Insomniac at November 30, 2011 05:24 AM (DrWcr)

180 An italian, a spainiard, and a greek walk into a bar and order a round of drinks. Who pays for it? The Germans.

Posted by: pko Strany at November 30, 2011 05:24 AM (RJOgX)

181 I have some personal insight to the Spainards.

I find them to be as arrogant and effete as depicted in the John Wayne version of "Remember The Alamo".

Posted by: Scott J at November 30, 2011 05:24 AM (KC2BE)

182 Posted by: Gabriel Malor at November 30, 2011 10:20 AM (IkTb7) What are you, fucking Lord Voldemort? I say your name once on an unrelated thread and you pop up? Giving me the jimmy-jams, Gabe.

Posted by: Empire of Jeff at November 30, 2011 05:27 AM (PLHIl)

183 I don't believe the employment figures. According to my recent experience, even mall retailers aren't seeing an uptick in demand for the holiday season.

Employment is picking up, but it's regional. And the jobs aren't of the same quality as the jobs that were lost during the recession: many of the new jobs are of lower pay, lower benefits, and fewer hours. That's why I'd like a reliable measure of inflation-adjusted per-capita GDP over the past decade to see how well people are truly doing. I don't think the story is a particularly happy one -- wages have stagnated or even gone down in absolute terms, I think.

Posted by: Monty at November 30, 2011 05:28 AM (/0a60)

184 Posted by: AuthorLMendez Is Offering $ To ace If He Bans oZfic at November 30, 2011 10:14 AM (yAor6)

Just don't expect a reach-around! "lol"

Posted by: CharlieBrown'sDildo (NJconservative) at November 30, 2011 05:28 AM (nEUpB)

185

The troll army is being assembled even as we speak.....all those bright-eyed axelturfers are getting flushed off the streets of OWS and getting job offers from the DNC to sit on their computers all day and troll the righty blogs.

So there's a little more doom for all the troll-haters, it's going to get worse!!

 

Posted by: NotATroll at November 30, 2011 10:23 AM (neKzn)

Well, yes. Once the primaries shake out a candidate we're going to see an upsurge in concerned christian conservatives telling us why they just can't vote for [insert name of nominee]. It's SOP by now.

Posted by: joncelli at November 30, 2011 05:29 AM (RD7QR)

186

182 It's just Monty after drinking Polyjuice Potion.

(I think your mancard took a hit with the Voldemort reference, just sayin')

Posted by: dagny at November 30, 2011 05:30 AM (I4h50)

187 No, I don't buy it.  Virtually no one has negative motivations.  That is, no one sets out to be Evil because they like being Evil; no one decides to destroy something simply because they like destruction.  Motivations are positive in nature, and they must be warped for someone to pursue destructive ends.

Given that, what would his positive (but warped) motivation be to do such a thing?  I don't think "spite" (which is really just showing one's power) would quite explain it- unless he really does believe he's doomed next November.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 10:15 AM (8y9MW)

It's quite simple - he wants to be liked.  Obama lives for praise.  He'll be happy to give the Euros billions of dollars we don't have because he believes, "They'll love me again!"  He's like the spoiled rich kid at school that nobody likes, but who everyone PRETENDS to like because they know he'll buy you whatever you ask for. 

The same kid grows up to be the idiot parent who thinks buying their child every toy the child ever asks for, then indulging their tantrums when they want a different toy, is love.

Posted by: MWR, Proud Tea(rrorist) Party Hobbit at November 30, 2011 05:30 AM (4df7R)

188

>>> Little things like the Viking invasions, the Spanish Armada and Waterloo are not easily swept under the rug and forgotten.

Beyond that, after Westphalia in 1648, it took hundreds of years for the nation states we know now to develop.

What we call Germany today, didn't exists as one political entity until 1866 when Austria and Prussia fought a war to see who would unify it.  Even after unification, it took time to get the various peoples of  this new state of Germany to pledge loyalty to Germany  and not their various cities and pricipalities.  The line "Deutschland, Deutschland Uber Alles" from their national anthem doesn't mean "Germany above all else" in the sense that they're a better nation than every other nation. It's purpose was to codify in the people's mind that their loyalty to Germany should outstrip their loyalty to their region, city, etc.

The same goes for Italy which wasn't the unified nation we know it as today until 1871.   Even to this day the old hatreds still pervade their society. The Northerners and Southerners don't much care for each other.

So the idea that a unified Europe would ever work, or that it could be forced upon the peoples of Europe by fiat in a span of 50-60 years was folly and historically ignorant.

Posted by: Ben at November 30, 2011 05:30 AM (wuv1c)

189 Pearls before swine.

Posted by: Empire of Jeff at November 30, 2011 05:31 AM (PLHIl)

190

Re Bernake:

We have hitched our wagon to a falling star.

We have charged full speed into a blind alley.

We have set sail not knowing the tides nor the direction of the wind..

We are trying to make a PIIGS ear out of a silk purse.

We will pay. And the price will be high.

Posted by: lazy american fool/clown clinging bitterly to my guns at November 30, 2011 05:32 AM (wN82N)

191 Mama winger is the SCOAMF bumper sticker have his douche symbol in the O?

I could put one in if you like.

Posted by: mama winger at November 30, 2011 05:32 AM (P6QsQ)

192 I don't police flames. (Does this place look like LGF to you?) I police racism and personal attacks on other commenters.

Now that you mention it, Kilgore Trout did post a lot yesterday ...

Posted by: jwb7605 at November 30, 2011 05:32 AM (+KHIt)

193 Posted by: MWR, Proud Tea(rrorist) Party Hobbit at November 30, 2011 10:30 AM (4df7R)

I wasn't disagreeing that he'd sink a cool Trillion (or more) into the Euro-mess.  I was disagreeing about his motivation for doing so.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 05:33 AM (8y9MW)

194 Bacon before bread?

Posted by: Max Power at November 30, 2011 05:33 AM (+wxCD)

195

On the UE numbers, they will be distorted by seasonal hiring with the holidays.

Obviously those are temporary jobs.

 

Posted by: Ben at November 30, 2011 05:33 AM (wuv1c)

196 Irony:  Europe is big on assisted suicide, except when it comes to the Eurozone.

Sacred cows, etc.

Posted by: DarkLord for Prez!
This message brought to you by Morons Against HTML Abuse
at November 30, 2011 05:34 AM (GBXon)

197 Pearls before swine.

Is that like giving her a necklace before dinner?

Posted by: Buzzsaw at November 30, 2011 05:35 AM (tf9Ne)

198 Obviously those are temporary jobs.

No, it can't be obvious.  If it were obvious, then the resulting firings in January couldn't be "unexpected."

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 05:35 AM (8y9MW)

199

Completely OT, but am I the only one who thought Jake Tapper worked for CBS, not ABC?  WTH is wrong with me?

And no smart remarks.

Posted by: MWR, Proud Tea(rrorist) Party Hobbit at November 30, 2011 05:35 AM (4df7R)

200 (I think your mancard took a hit with the Voldemort reference, just sayin') I dare you to say that to my face. While you're sitting on my lap.

Posted by: Empire of Jeff at November 30, 2011 05:36 AM (XE2Oo)

201

The EU has not failed!

They have simply found a thousand ways not to succeed.

h/t Thomas Edison

Posted by: lazy american fool/clown clinging bitterly to my guns at November 30, 2011 05:36 AM (wN82N)

202 199 And no smart remarks
_______

I'm pretty sure you don't have to worry about that.

Posted by: Anachronda is a moron in more ways than one at November 30, 2011 05:37 AM (6fER6)

203 200 Giggle

Posted by: dagny at November 30, 2011 05:37 AM (I4h50)

204 I have often wondered if it would be possible for state and local governments to tax those guaranteed retirement programs that public employees are given at much higher rates than say your typical 401K. If so then they may be able to recoop some of those excessive retirement benifits.

Posted by: SoCalMe at November 30, 2011 05:38 AM (s72/N)

205 I guess he isn't planning on being at the prez's fund raiser?
"Investor Leon Cooperman Sends Monster, Scathing Letter To Obama"


Posted by: oh my at November 30, 2011 05:39 AM (oZfic)

206 204 Heh. You've invested in riot gear supplies?

Posted by: dagny at November 30, 2011 05:40 AM (I4h50)

207 Perry speaking inside NH House. Pretty hot so far. See if he stumbles.

Posted by: LiveFreeOrDie at November 30, 2011 05:40 AM (E8h33)

208 "dipshit liberal feel-good goatfuck"

Okay, that's the funniest thing I'm going to read all day. 

Posted by: Washington Nearsider at November 30, 2011 05:40 AM (wnbjH)

209 I for one appreciate the shit out of Monty's threads. Thanks Monty.
 
It's a pain, but I have learned to scan the hash of posts first when cat piss is flying. That way I don't accidentally click on links or waste my time reading junk or thinking about responses.
 
YMMV

Posted by: GnuBreed at November 30, 2011 05:40 AM (ENKCw)

210 An italian, a spainiard, and a greek walk into a bar and order a round of drinks. Who pays for it?

The German.  Then when the bar brawl starts over it, the American is called in to end it.  Again.

Posted by: Beth at November 30, 2011 05:41 AM (kBxk7)

211 205 I guess he isn't planning on being at the prez's fund raiser?
"Investor Leon Cooperman Sends Monster, Scathing Letter To Obama"


Posted by: oh my at November 30, 2011 10:39 AM (oZfic)

Which monster did he send over?  Godzilla showing up at your doorstep sends a much different message than, say, Grover.

Posted by: Insomniac at November 30, 2011 05:42 AM (v+QvA)

212 Perry solid throughout at NH State House.

Posted by: LiveFreeOrDie at November 30, 2011 05:43 AM (E8h33)

213 Okay SCOAMF lovers - here ya go. Version 2.0 as requested

http://tinyurl.com/7ltt6kw

Posted by: mama winger at November 30, 2011 05:45 AM (P6QsQ)

214 171

No, I don't buy it. Virtually no one has negative motivations.

Hmmm

Posted by: Hitler at November 30, 2011 10:19 AM

I concur!

Posted by: His Majesty Barack Obama at November 30, 2011 05:45 AM (z63Tr)

215 Which monster did he send over?  Godzilla showing up at your doorstep sends a much different message than, say, Grover. That's why Elmo holds all his non-liquid assets in a foreign LLC. Hee-hee-hee! This is Elmo's World, bitch, and it's shakin' time. Obama can get the fuck outta Elmo's face with this class warfare bullshit. Ha-ha-ha-ha-ha!

Posted by: Elmo at November 30, 2011 05:46 AM (l9zgN)

216 Seriously, is there anyone more repulsive than Debbie Wasserman-Schultz?  She's like Chelsea Clinton without plastic surgery and a bad attitude to boot.

Posted by: Aunt Cranky at November 30, 2011 05:48 AM (JoeF6)

217 Seriously, is there anyone more repulsive than Debbie Wasserman-Schultz?

Hi, there.

Posted by: Helen Thomas in a thong bikini at November 30, 2011 05:49 AM (8y9MW)

218 217 Seriously, is there anyone more repulsive than Debbie Wasserman-Schultz?

Hi, there.

Posted by: Helen Thomas in a thong bikini at November 30, 2011 10:49 AM (8y9MW)

Conceded.  Now I need to go bleach my brain.  Thanks asshole.  =o)

Posted by: Aunt Cranky at November 30, 2011 05:50 AM (JoeF6)

219 You guys need to sharpen your troll fu before the 2012 race starts in earnest, because that was some weak-ass shit at the beginning of the thread.

You wouldn't piss Monty off so much if you were good at it.

*Calls Vinny Falcone*

Posted by: Andy at November 30, 2011 05:52 AM (5Rurq)

220

136

Yikes! For being such a self-proclaimed "worldly, unprovincial" guy, the SCOAMF is actually an ignoramus.  I wonder if he has actually read a single non-fiction book since he was out of college.

You would think that at least he would have people on his staff that would know that the country is called the United Kingdom and England is part of the U.K.  However, his staff has proven themselves to just as uncurious about the world as the SCOAMF.

Posted by: Retired Buckeye Cop at November 30, 2011 05:52 AM (M0NzJ)

221 Thanks asshole.  =o)

You're welcome.

You should also know better than to ask such questions at the HQ.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 05:52 AM (8y9MW)

222


Conceded.  Now I need to go bleach my brain.  Thanks asshole.  =o)

Posted by: Aunt Cranky at November 30, 2011 10:50 AM (JoeF6)

It's not a happy day because Aunt Cranky is spotting.

Posted by: Kathy Kotex at November 30, 2011 05:52 AM (Lt/Za)

223 I now believe in the conspiracy theory.  Fox News just advertised for CNN's Anderson Cooper hosted awards show. I need to crawl into a corner and die.  Instead I will walk to the grocery store a mile away to buy flour to bake bread. Some of us bitches still do that.

Posted by: Aunt Cranky at November 30, 2011 05:54 AM (JoeF6)

224
>>>I dare you to say that to my face. While you're sitting on my lap.

Gee, EoJ, you're slipping.  I wouldn't think a woman sitting on your lap would be anywhere near your face!  ;-)

Posted by: Y-not at November 30, 2011 05:56 AM (5H6zj)

225 Fox News just advertised for CNN's Anderson Cooper hosted awards show.

CNN's money spends just like everyone else's.

...flour to bake bread. Some of us bitches still do that.

I wish I could bake bread.  It always comes out with a consistency somewhere between beef-jerky and a hockey-puck.


Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 05:57 AM (8y9MW)

226 Hey doomizens, how do I watch Amazon prime videos on my ipad? Seriously.

Posted by: blaster at November 30, 2011 05:59 AM (Fw2Gg)

227 I wish I could bake bread.  It always comes out with a consistency somewhere between beef-jerky and a hockey-puck.
Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 10:57 AM (8y9MW)

I make everything from kolaches, to every kind of bread, roll, hamburger or hotdog bun.  And everything else.  And more..I yeah I bake sweets too.  I can reveal tips.

Posted by: Aunt Cranky at November 30, 2011 06:00 AM (JoeF6)

228 Hey doomizens, how do I watch Amazon prime videos on my ipad?

Buy a Kindle Fire?

If they're not just opening and playing, I would guess the ipad is missing a CODEC it needs to view the videos.  You probably need to find a compatible video app.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 06:00 AM (8y9MW)

229 115 Morning, doomers.

Check out this news I just stumbled across this morning. Not a single local news source is reporting this.

In fact, all we heard during the months of Sept. and Oct. was about "crops rotting in the fields".

http://tinyurl.com/7cs5r4t

Posted by: Scott J at November 30, 2011 09:50 AM (KC2BE)

 

The big Lie: Doing the jobs Americans won't do. Right Mr. President. We're all lazy.

These are the jobs we did when we were in high school. A right of passage in my hometown was working in the pickle factory. Standing the conveyor line plucking out the floaters and smashed cucumbers, chunks of wood, mice and snakes that fell into the fermentation tank! Those jobs are done by the illegals now and high-school kids sit at home and play video games.....

How to create 3 million jobs overnight? Make it illegal to be in America illegally.

Posted by: Cicerokid at November 30, 2011 06:00 AM (zmJCR)

230 "LIVE COVERAGE: S&P Reveals Why It Downgraded All The Big Banks"
10:32 AM | S&P Starting The Call Late

The conference call is running a few minutes late.



Posted by: oh my at November 30, 2011 06:02 AM (oZfic)

231 The fed vote was 9 t o 1, Lacker dissented.

Ron Paul is presently on CNBC with his "reaction"

Posted by: oh my at November 30, 2011 06:05 AM (oZfic)

232 >> Hey doomizens, how do I watch Amazon prime videos on my ipad?

You don't.

Posted by: Andy at November 30, 2011 06:08 AM (5Rurq)

233 232 >> Hey doomizens, how do I watch Amazon prime videos on my ipad?

You don't.

Posted by: Andy at November 30, 2011 11:08 AM (5Rurq)

There's an ap for that.



Posted by: oh my at November 30, 2011 06:09 AM (oZfic)

234 Ron Paul is presently on CNBC with his "reaction"

Posted by: oh my at November 30, 2011 11:05 AM (oZfic)

JOOOOOOOOOOOOOOOS!!!!!!!!!!!!!!!

Posted by: joncelli at November 30, 2011 06:09 AM (RD7QR)

Posted by: oh my at November 30, 2011 06:10 AM (oZfic)

236 Posted by: Aunt Cranky at November 30, 2011 11:00 AM (JoeF6)

My wife is good at the cakes and sweets, but she's got carpal tunnel- so she can't (won't) do bread.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 30, 2011 06:12 AM (8y9MW)

237 http://is.gd/jyHoDq

Posted by: oh my at November 30, 2011 06:18 AM (KaAC5)

238 10 "Here Comes The Global, US-Funded Liquidity Bail Out" Posted by: oh my at November 30, 2011 09:06 AM

That explains Cramer's DEFCON 3 rant yesterday. Tell the people the world is going to end unless "we act NOW"

So today, the Fed slaps liquidity on a debt problem, world saved

Posted by: kbdabear at November 30, 2011 06:23 AM (Y+DPZ)

239 Monty, have you seen this post over at zerohedge? The video is over an hour, but only about half of it is the must see presentation.

Long story short: Exponential growth is killing us.

Posted by: Methos at November 30, 2011 06:24 AM (sOXQX)

240 236 AllenG - How about a getting her a bread machine for Christmas?  I scoffed when they first came out - how can ANY mechanical device compare with home-made bread? - but they're actually pretty consistently good.

Posted by: Dr. Mabuse at November 30, 2011 06:26 AM (2kVso)

241 Been saying it since 2008: It isn't the liquidity, it's the debt. It's always been the debt. They have taken on too much and they want us to take the loss. No one is going to loan money to someone with an even or negative debt to income/asset ratio no matter what. Even if interest is at 0%.

I still remember the guy on RedState, who claimed to work in finance, trying to tell all us stupid rubes that it wasn't all the bad debt the financial firms were carrying, it was just that they needed more money.
Turns out, us stupid people were right: They've had nearly four years of free, easy money and they are no better now than then.

But, looks like we're going to try this again: If only they have more credit, they'll have less debt.

How many degrees do you have to have to get that stupid?

Posted by: Jimmuy at November 30, 2011 06:38 AM (ycMO4)

242 But as was pointed out above; they are not sacrosanct. If you expect us to genuflect as we sagely absorb your sermons...then you are going to be disappointed.

C'mon.  This is the best daily post on the web. Don't screw it up. 
It pisses me off to think I'll have to visit goddamned anti-semitic fucking ZeroHedge in order to get my daily doom roundup.
 Here Monty provides links to a wide variety of economic blogs that I was previously unaware of. It is a hell of a round up, with genuinely biting and knowledgeable commentary.
 
I for one, greatly appreciate Monty's efforts and look forward to my "daily doom". Thanks, Monty.

Posted by: Derak at November 30, 2011 06:45 AM (8tAhu)

243 Hey doomizens, how do I watch Amazon prime videos on my ipad?

You can't. You don't have access to the custom player, and the iPad doesn't support Flash, which is the only web-based mechanism to do it.

Posted by: Monty at November 30, 2011 06:50 AM (/0a60)

244

Doom for the whittle chillen in San Fransisco:

Law banning the sale of meals that cause happiness backfires. Results instead in incentivising sales of same unhealthy meal, at a higher profit margin. 

-

The San Francisco ban on providing free toys to entice children to eat unhealthy foods goes into effect Thursday, but McDonald’s plans to comply with the law by charging
10 cents a toy for their Happy Meals and donating the money to the nonprofit Ronald McDonald House.

Posted by: Jimmah at November 30, 2011 06:57 AM (jup4s)

245 "I make everything from kolaches..." Make me kolaches, make them now! The ones filled with poppy seed, please.

Posted by: mike at November 30, 2011 07:02 AM (p8B53)

246 Germany had a bond auction fail, we (the Fed) canceled a POMO auction today for 8B? We should be able to find 8B in our pocket lint, WTF is going on.

Posted by: Jean at November 30, 2011 07:29 AM (WkuV6)

247 My wife is good at the cakes and sweets, but she's got carpal tunnel- so she can't (won't) do bread.

If you don't want to do the bread machine thing, you might get her a KitchenAid stand mixer with a dough hook. 

We had a bread machine eons ago (in the 80s) and it was fun from the standpoint of having fresh bread, but our model (which was pretty basic) was somewhat limited.  I didn't like having tubular bread, for one thing!  They may be much better now, of course. 

Posted by: Y-not at November 30, 2011 07:31 AM (5H6zj)

248 We should be able to find 8B in our pocket lint, WTF is going on.

Soon.

Posted by: Weimar at November 30, 2011 07:33 AM (GTbGH)

249 Posted by: kbdabear at November 30, 2011 11:23 AM (Y+DPZ)

There you go, but, zero Hedge says they may have decided yesterday.

"Did The Fed Leak The European Bailout Decision On Monday Morning? A Visual Exhibit"

Posted by: oh my at November 30, 2011 07:43 AM (oZfic)

250 Hey Empire of Jeff-- "Tribalism is the default setting of humanity. The reason America has worked under a different model for so long is because we created a new tribe: Americans. " Is this your original formulation? Because it's pretty darned good.

Posted by: ace at November 30, 2011 09:19 AM (nj1bB)

251 Obama is a stuttering clusterf*ck of a miserable failure.

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