Fixed is awesome. Fight every ticket, do not give these assholes $1 without a good fight. Also they are launching a lawsuit because they have established patterns detailing the way contests get thrown out regularly without even looking at the evidence here in SF - another great example of government overreach and the danger of big government. The bureaucrats do not care about a fair contest.
Stockman is right. Good article.
Of course there is, and it's raging. Stagflation is brutal.
Once AI bridges that gap, it's one of the first job that will be eliminated.
yup, should happen in my lifetime if not career.
software development is still shockingly stone-age, really. IDEs have IQs of 20 when they could have IQs of 2000.
Not going to happen in hundred years. AI is still in utter infancy. It will be more and more useful for specific tasks but net net it surely will not replace a single programmer. You guys sound like the club of Rome.
ten times the secretaries that there are now
Secretaries are still super necessary if not more necessary these days, it's just that the job shifted more towards personal assistant than traditional secretary. Most people cannot manage to pay a handful of bills on time each month while maintaining a handful of secure login credentials. Then someone still has to get the clothes from the dry cleaner (drones maybe in the future), bring the kids to school (no drones here) etc. etc.
I myself believe in a God or some other spiritual force. But am more in line with older faiths, where that force is the unknowable or the unfathomable. Maybe a spirit can sense that, but not our conscious.
I second that. It can actually be part of a Christian (or Christian-derived/resembling) faith as there are so many different ones and its roots (paganism and others) are similarly unknown/unfathomable. However lots of good has been and is done in the name of Christianity and it is part of the leftist feminist hivemind agenda to completely obliterate the western roots and virtues, so they are no better than the few fundamentalist Christians they focus on and they are definitely the real threat to society. This thread demonstrates this clearly. It's also great divide and conquer strategy for the ruling elite to have people fixate on this kind of crap which shouldn't even be in the news.
The world was Uncle Warren's Oyster in 2008-2009, and he did pretty good on the firesales, LOL.
His purchase of BNSF is one for the ages.
He would not have bought any of this crap if he hadn't gotten government buy-in for backstops, relieving him of any tail-risk whatsoever.
The crash and the ability for new businesses to buy up old assets at discount during those crashes are the capitalistic market economy's fundamental source of vitality, progress and evolution.
And this is why the tophat n' monocle crowd is so pissed off at Obama. (and FDR before him)
They are not pissed off at all, they are pleased with him, the wealthy and the 47% because Obama increased the at that time decreasing wealth disparity at the expense of the middle-class. The only reason why you hear more dissident voices against Obummer from the wealthy is because they have enough fuck-you money to be independent and thus can turn on their yesterday's favorite on a dime. The 47% can't oppose him since they are worried about stopping government "support" (dependence). Letting the 2008 market clear out itself and the TBTFs (and a bunch of wealthy investors) fail would have been the best option for the economy (and also followed the most important rule-of-law). That and prosecuting a bunch.
How many of the 47% are Rep/Con/Teas? How many Rep/Con/Tea businesses are on subsidies & tax breaks that individuals can't get?
Too many, and those subsidies should be all removed, no exceptions.
To the contrary, that pathetic bully who at 18 assaulted and battered a weaker kid then grew up to "like being able to fire people"
Come on now. Now we cannot elect somebody as president because they allegedly bullied somebody in their childhood? This is insane. Oh, and the second comment was completely taken out of context, Mittens was talking about companies providing a poor service to you. It's not even worth talking about these two points. I'm sure Obama and Hillary were exceptional children that never ever ganged up on somebody else in their youth because this is (not) what most children do at some point. He who is without sin please throw the first stone.. ;)
Mittens surely wasn't the most charismatic candidate, but at least he was relatively honest. And he had a vastly superior and much fairer tax plan.
Going after corporations for lying would violate their First Amendment Rights, doncha know . . .
"The 119-page lawsuit, filed late Monday in federal court in Los Angeles, is the first from the government against a ratings agency, a sector that has generally shielded itself from liability by citing First Amendment protection of free speech."
There's no problem with an individuals or entity's right to free speech, but clear cut fraud is not free speech. You are not prosecuted for your beliefs, but for doing or aiding transactions of fraudulent or junk products as safe and great products (investments are products too) against your better inside knowledge and profiting from it. If there is one shred of proof that you had inside knowledge that the product was far inferior to what you advertised, it is clear cut fraud.
Brutal. I had quite a few recruiters trying to make me move there (promising sweet deals) even as I pointed out the dire straits the company seemed to be in which seemed obvious from a 20 minute google research. But this is the problem with cheap money / credit and ZIRP (it has to go somewhere because ZIRP will destroy every more reasonable low-yield alternative), it is chasing yield no matter what. DOW 20K is still in reach, we can do it.
Also gold has crossed $1200 again, it has been holding strong here.
That was interesting. I'm still waiting forPeter Schiff to be right one of these days.
You know, his funds never went BK and he never needed a bailout either. They were underperforming for a while after the FED bazooka which he clearly underestimated (as well as the relative dollar strength), and they probably still are up to this year as tracking the bull spider for example would have netted you more than most hedge funds over the last years, but the point of a hedge fund is to be hedged, not to make the biggest gains for a selective period. Plenty of hedge funds were having phenomenal returns during the 2007 bubble only to perish when it burst. Schiff is doing ok with precious metals and foreign stocks, and no matter what will happen he will be diversified. He was clearly right in 2007 and the years before and one of the few ones to have the guts to come on public TV and get ridiculed by the CNBC lackeys and pumpers. He is clearly not a trader, but more of a long-term hedged investor. And even 5%-10% averaged p.a. is ok if you have a decent amount of money to invest for the peace of mind knowing that you will be ok when the next bubble bursts.
Debt as a percentage of GDP is lower under Obama.
No, debt to GDP has been steadily rising. The rate of acceleration has slowed mostly during his second term (as it was rising much faster during his first term), which is by far not enough when you're at 100%.
Another "progressive" financial clusterfuck.
But, but, but, the neocon mouthbreathers keep telling me that giving the authorities more and more power with less and less oversight is just fine. If you are innocent then you have nothing to worry about.
That has nothing to do with neocons, this is a cross party problem. You'd have to disband the DEA and the part of the FDA that goes after raw dairy farmers and weed growers and most importantly repeal a whole bunch of laws and acts and replace them with bupkis. This can only be achieved by libertarian forces. In fact under Obama drug enforcement and weed dispensary raids have inched up, as have raw dairy farmer raids. You can only be innocent if all those bs laws are repealed which will make the agencies obsolete so they can be disbanded.
Shit Neighborhood with hip garages.
Our founding father did not intend to have huge monstrous goverment, with many of the rank and file having tenure, enormous overtime, early retirement, and common jobs with million dollar pensions that start at 50-60 years of ages.
That's absolutely true, and not just for the US, big government is a disease spreading elsewhere as well. Take the entirely useless EU parliament of gangstas for example. As if the countries could not govern themselves while negotiating and maintaining economic and/or military unions.
This whole thing will go into the books as one of the biggest government/Fed sponsored heists at taxpayers expense in history.
With ZIRP its frothy again.
Yep, frothy and totally hip. So hip that 200 sqt shitbox tiny garages ("condos") in a shit SF neighborhood sell for over 400K. Don't worry, we (the Fed/govt.) got your baseless ZIRP-induced valuations covered and will start gobbling up MBS again as soon as they start dropping like it's hot. But even the bull REIT ETFs look wobbly here as if they knew the jig is up once again. Friends of Mozillo reloaded.
Clear.cut.fraud. This whole thing will go into the books as one of the biggest government/Fed sponsored heists at taxpayers expense in history.
Is it possible that white men are overrepresented in tech simply because they are very good at it?
What? Impossible! ;)
Yep, it does.
That's still better than listening to Krugman, so definitely an improvement.