patrick.net

David9 says

smaulgld says

BUT we know better.

I have been looking for a related thread to tell a small story.

I just spoke with a former coworker and friend where we keep in contact, but not necessarily visit on a regular basis. The time we do spend together we enjoy talking about current affairs and Real Estate.

He did not know what 'QE' was. I said 'You're kidding me?' He said, no, he had no idea about the 85b a month thing.

Please refrain from statements like 'Well, gee then, He is just a retard!'

No, he happens be an accomplished Web designer and marketer. He has a wife, a house, and now an apartment for job reasons.

I explained it to him.

You are absolutely correct. When we hear about the housing recovery you don't hear about QE
The closest you get is that interest rates are low but they don't say how or why they are low. People think it just happens to be a happy circumstance to take advantage of rather than a fed creation.
If you understand the fed you know why we are having massive stock market appreciation even though the economy is poor. Ditto for home price appreciation

dodgerfanjohn says

Most people don't know what quantitative easing is. I'd be surprised if more than half of people with a 4 year degree from a US college knew what QE is.

But they know what a government shutdown is so that is what they will blame for the end of the housing recovery even though there never really was one other than what $trillions of dollars in QE tried to create

Reality says

Your theory is simply nonsensical. Many powers are non-monetizable. In your own family, unless your wife is a hooker, how do you monetize her "honey-do" power over you?

Sure, some powers are non-monetizable. So what? My wife can get me to fix the toilet. How exactly does that contradict the well established relationship between wealth disparity and economic health?

Reality says

A few millions here a few millions there are peanuts compared to his droning power.

Again--so what? POTUS is very powerful. Probably moreso than his wealth indicates.

Reality says

It's useless because noise far outweigh signal

No--actually it doesn't. The data is pretty clear and unambiguous. The signal far outweighs the noise.

Reality says

Furthermore, your observation that "too high" in our society leading to busts is essentially agreeing to my point that busts are corrective mechanisms in our relatively capitalistic free market economy, and busts are leveling! So why do your ilk want the government to intervene and stop busts?

You're kidding, right?

I'll bet when he has a fight with one, or goes through a tough patch, he just goes and buys another one.

That's messed up. Hasn't he learned more after all these dolls about relationships? You'd think he would have learned that you have to work at it sometimes. Does he ever think about how it makes the previous ones feel, when he gets a new one ? He did get them the hello kitty doll to keep them company which was nice, but wtf? Now he's pimping out his exs, or the ones that were just one nighters to total strangers ? That guy has some issues.

I see two Hello Kitty dolls. I bet he's had a fuzzy threesome! Or even a kinky foursome with "Lance!"

David9 says

So, this is what the more upscale homeowners (borrowers) do with their large, walk-in closets.

Good to know! Thanks.

Bwahahaha.

Well, it's a little odd, but better Latex Love Dolls than women chained in a basement.

I like how he has given most of them pillows and mattresses to lay on, what a good guy. He cares about his girls, as most good men do.

Cherry 2000 to the rescue.

What about the deposit for your deposits?

Does the Michelle Obama doll come with a pitch fork?

elliemae says

I watched a british documentary about a guy who lived for these dolls. It showed him opening the crate with it inside and it was like a man on a first date. very creepy.

Not a documentary, but it was an interesting movie.

I thought of Lars in my post. Any way you look at it, it's creepy.

lostand confused says

The only thing he did is make Romneycare go nationwide. ... That he is lying hypocrite is not in question. But the opposition is a bunch of loons who try and shut down the govt and make us default on our debt-something we will never be able to recover from. Sigh-is it too much to ask for a politician who cares a little bit about the country?

Well said. In the long run, Obama isn't going to be remembered as the first black president, but rather as a terrible president. Unfortunately, we're stuck with hoping for an alternative in the Democratic Party, because the Republican Party isn't going to produce a nominee that isn't god-awful.

It is truly appaling that so many people had such horrendous insurance that they don't even meet the minimum obamacare requirements and in my opinion the bronze plan is not really all that great. I am very thankful for my employer provided coverage. How could americans have tolerated such substandard insurance for so long and have done nothing about it?

dublin hillz says

It is truly appaling that so many people had such horrendous insurance that they don't even meet the minimum obamacare requirements and in my opinion the bronze plan is not really all that great.

Ha ha - exactly. Looking at the bronze plans, I would consider that pretty "bare bones" insurance. It's hard to imagine how horrible those plans were if they didn't even meet THAT standard. I am perplexed as to why so many people act like they wanted to keep those awful plans.

Hi, I'm Barack Isuzu.

http://www.youtube.com/embed/IGUBm0XQbqA

Housing needs to stop being a super-special-once-in-a-lifetime thing and transform into a quick purchase like a car where you can upgrade, get a 2,3,4 loan and pay it off, sell it, get a new one.

zzyzzx says

Source ? Sounds highly unlikely. A huge number of Americans have health care through their employers.

If those numbers above are true, it's because of some minute tweak that many companies had to make to their large group plans. The employees keep their plan, but the plan changes is some minuscule way, and the propaganda pedlers know there are suckers out there that eat this kind of dishonesty up.

Interesting discussion going on here about different forms of power. Yes, on an absolute level, a fascist or communist dictator has a tremendous level of power over their subjects via ability to make life or death decisions over them; this sort of power will never be experienced by a corporate shark or even a CEO like bill gates for the power of the latter pales in comparison. However if we are talking on an intra-country basis like within united states, I would argue that here, power ultimately comes down to money, especially old money which is the closest thing that united states has to aristocracy. A chick with good looks will find her power relatively short lived in scope and comparison due to eventual biological destiny!

Former MSNBC Host Dylan Ratigan Is Not the Face of Cancelled Insurance

http://www.theatlanticwire.com/politics/2013/11/former-msnbc-host-dylan-ratigan-lost-his-healthcare-thanks-obama/71413/

Dylan Ratigan
I bought a catastrophic health policy for $170/mo when I left MSNBC.
Obamacare cancelled the policy. New rate $600/mo.
Thnx Mr. President!

APOCALYPSEFUCK is Comptroller says

Or to shoot at starving Mexican's trying to eat your pets.

Always looking for an excuse to use that Gatling Gun.

zzyzzx says

APOCALYPSEFUCK is Comptroller says

Or to shoot at starving Mexican's trying to eat your pets.

Always looking for an excuse to use that Gatling Gun.

Try carrying a Gatling gun, plus ammo belts, in your ass every day. Not worthwhile unless you use it.

Phoenix has the largest mass of volunteers for the one way Mars expedition. They figured it would be an improvement.

link to the offending post?

thomaswong.1986 says

Dylan Ratigan

I bought a catastrophic health policy for $170/mo when I left MSNBC.

Obamacare cancelled the policy. New rate $600/mo.

Thnx Mr. President!

You're claiming one experience of raised costs will apply across the board to others. That's a big claim this early in the process.

Homeboy says

You're claiming one experience of raised costs will apply across the board to others. That's a big claim this early in the process.

yours went down, his went up.. now we are even...

thomaswong.1986 says

yours went down, his went up.. now we are even...

Ha ha - exactly.

WOW! The UNtrustworthy are certainly in control of what information is apparent to the people!

Say hey! This was in the Wall Street Journal on March 30, 1999. Note "... how much it will buy."

Holy cow/interesting/compelling ...!

And where is it up to date??? Right here ... see the first chart shown in this thread.
Recent Dow day is Friday, November 8, 2013 __ Level is 100.6

WOW! It is hideous that this is hidden! Is there any such "Homes, Inflation Adjusted"? Yes! This was in the New York Times on August 27, 2006:

And up to date (by me) is here:
http://patrick.net/?p=1219038&c=999083#comment-999083

WOW! The UNtrustworthy are certainly in control of what information is apparent to the people!

And http://patrick.net/?p=1230886

Icelanders have a frozen flag.

One of the daftest thread titles I've seen on here, and there have been many. Why am I not surprised you posted it?

If you don’t know, Iceland kept the Brits alive during World War II by sending over fish for us to eat whilst all our trans Atlantic ships were being destroyed by German U-Boats.
They dined on my brothers and sisters....fuckem..

bgamall4 says

SoftShell says

Icelanders have a frozen flag.

You don't like them for standing up to the new financial world order?

You have a problem with that Shell?

bgamall4 says

Bigsby says

One of the daftest thread titles I've seen on here, and there have been many. Why am I not surprised you posted it?

Just because you are an English swindler I would imagine you hate the thread.

I think you'll find that British savers (and consequently the average tax payer) were the ones swindled by Icelandic banks, you sad conspiracy nut.

Homeboy says

thomaswong.1986 says

did I say i paid more or less ? im not the one spewing propaganda..

what happens to any one single person isnt going to extrapolate to the whole

population.... like I said your biased on this site so it is what is expected..

YOU'RE the one saying prices are going up, dipshit. What are you basing that on?

Homeboy, the CBO has been saying Obamacare will be a fiscal shit-storm for how long? And every time they update their #'s, it looks worse and worse. Prices are going up for those that are forced into Obamacare. And I am basing this on what the CBO says.... I can't wait for Nov '14.....

AverageBear says

Homeboy, the CBO has been saying Obamacare will be a fiscal shit-storm for how long? And every time they update their #'s, it looks worse and worse. Prices are going up for those that are forced into Obamacare. And I am basing this on what the CBO says.... I can't wait for Nov '14.....

What on earth are you talking about? The CBO says, and I quote:

"Taking the coverage provisions and other provisions together, CBO and JCT have estimated that the ACA will reduce deficits over the next 10 years and in the subsequent decade. "

Furthermore, they say that repealing ACA would INCREASE the deficit:

"Assuming that H.R. 6079 is enacted near the beginning of fiscal year 2013, CBO and JCT estimate that, on balance, the direct spending and revenue effects of enacting that legislation would cause a net increase in federal budget deficits of $109 billion over the 2013–2022 period."

And I don't see anywhere that the CBO says average premiums are increasing faster than they were increasing before ACA. Sorry, but you'll have to provide some evidence. Just saying it doesn't make it true.

Now, back to the question: THOMASWONG, AND ONLY THOMASWONG - On what evidence do you base your contention that prices are going up?

Homeboy says

Now, back to the question: THOMASWONG, AND ONLY THOMASWONG - On what evidence do you base your contention that prices are going up?

49-State Analysis: Obamacare To Increase Individual-Market Premiums
By Average Of 41%

One of the fundamental flaws of the Affordable Care Act is that, despite its name, it makes health insurance more expensive. Today, the Manhattan Institute released the most comprehensive analysis yet conducted of premiums under Obamacare for people who shop for coverage on their own. Here’s what we learned. In the average state, Obamacare will increase underlying premiums by 41 percent. As we have long expected, the steepest hikes will be imposed on the healthy, the young, and the male. And Obamacare’s taxpayer-funded subsidies will primarily benefit those nearing retirement—people who, unlike the young, have had their whole lives to save for their health-care needs.

http://www.forbes.com/sites/theapothecary/2013/11/04/49-state-analysis-obamacare-to-increase-individual-market-premiums-by-avg-of-41-subsidies-flow-to-elderly/

Obamacare’s supporters argue that these rate increases aren’t important, because many people will be protected from them by federal subsidies.

Those subsidies aren’t free—they’re paid for by taxpayers–and so it is irresponsible for people to argue that subsidies somehow make irrelevant the underlying cost of health insurance. Nonetheless, it’s important to understand the impact of subsidies on Obamacare’s exchanges; later in September, we released a second iteration of the map to do just that.

thomaswong.1986 says

49-State Analysis: Obamacare To Increase Individual-Market Premiums

By Average Of 41%

This is complete crap. The methodology is ridiculous:

"In order to document rate changes, we first gathered pre-ACA insurance rates using the federal government's finder.healthcare.gov website. Our pre-ACA dataset consists of the five least expensive plans (by monthly premium) for the most populous zip code in every county. "

They took data from what plans were OFFERED, not what plans people HAD. And those are only the advertised rates - the website they used specifically states that you could be charged more than the amount shown. And why the "five least expensive plans"? That doesn't make any sense. You would need to know what people actually PAID, not what the five least expensive plans were on a government website that simply recommended private plans. PLUS, the 5 least expensive pre-ACA plans in California, for example, have deductibles between $12,000-$15,000, while the highest deductible post-ACA is $10,000. So how is that a fair comparison?

And then they say the ACA plans are more expensive, but don't take the subsidies into account. WTF?

Homeboy says

This is complete crap. The methodology is ridiculous:

than you have nothing to worry about ! after all its law now ... Right !

whats the worst that can happen ?

Homeboy says

And then they say the ACA plans are more expensive,

you of course will find a study that backs your argument .. right ?

perhaps you can post it...

whats the worst that can happen ?

thomaswong.1986 says

you of course will find a study that backs your argument .. right ?

I don't think you understand how this works. YOU are the one who claimed rates went up; therefore the onus is on YOU to prove it. This bogus "study" from The Manhattan Institute, which is nothing more than a right-wing think tank, does not prove it. The methodology is entirely wrong. Try again.

Homeboy says

I don't think you understand how this works. YOU are the one who claimed rates went up; therefore the onus is on YOU to prove it. This bogus "study" from The Manhattan Institute, which is nothing more than a right-wing think tank, does not prove it. The methodology is entirely wrong. Try again.

than you have nothing to worry about..

357 days till 2014 mid term elections.