patrick.net

anonymous says

6 million defaults does not seem like a serious problem - the number is rising and while that may not be too much of a problem for the moment, the inventory numbers and difference in outlook and responses between Ford and GM is unsettling to say the least, just read another piece where Chrysler is delaying some releases. Don't see this situation turning around on a dime.

American cars suck. Except for Tesla.
Toyota does not seem to be having any problem.

My one Zero Brain dead retweet

#Classic

zerohedge ‏@zerohedge
World's "Most Bearish Hedge Fund" Suffers Worst Month In History, Refuses To Capitulate http://www.zerohedge.com/news/2016-12-12/worlds-most-bearish-hedge-fund-suffers-worst-month-history-refuses-capitulate …

Logan Mohtashami says

World's "Most Bearish Hedge Fund" Suffers Worst Month In History, Refuses To Capitulate

ROFL. ha ha ha what a shocker.
"A fool and his money is soon parted"

Where were the switches made? Communist China?
Trump will make sure all GM parts are made in america.
Everything will be made in the u.s. except a few Carrier products.
Billions of jobs,WOO!HOO!

Corporations are People, therefore trump can pardon GM.
Let the stock price collapse,then I will buy all of it.
I'm a genius!

Strategist says

ROFL. ha ha ha what a shocker.

Jon Corzine had the right trade but it's always if you out last your call...

APOCALYPSEFUCK_is_ADORABLE says

Doesn't anyone care about the duck?

I do. The duck on the bottom is a male.

Logan Mohtashami says

Commercial and industrial loans at all banks decline by $1.6 billion in a week to $2.098 trillion http://bit.ly/2hvgSfe

You do realize that these banks are lending to Europe and big business here don't you? Euro banks have no loans to make.

Logan Mohtashami says

Total consumer credit outstanding rose in October to $3.73 trillion http://bit.ly/2har8KS

Much of this is a function of auto loans. Many people are behind on those payments.

Logan Mohtashami says

Gary Anderson says

And we know by the shadow stats that full employment is not being reached

Shadow stats is a fraud it implies that 47 Million jobs were lost in 2 years and no jobs were created. It's one of the single worst things I have ever seen in my life

I don't think Shadow Stats is necessarily a fraud. I just think many who have given up are in rural America, that voted for Trump, and they have no hope of getting to where the jobs are.

Logan Mohtashami says

Gary Anderson says

The Fed rope a doped to keep it above negative GDP

Each high peak is lower, Logan. You are a chartist and you should know this.

Gary Anderson says

Shadow Stats is necessarily a fraud.

Fraud is a kind term that would imply they know they're wrong... I was being kind

Gary Anderson says

Each high peak is lower, Logan. You are a chartist and you should know this.

Not for a rolling 4 quarter cycle, that thesis could have been used for the one off number GDP print we have had that deviate from the three

Recessionary data isn't really that hard to look for if you know where to look

Gary Anderson says

Many people are behind on those payments.

95% + make their payments and most pay off their loans....

95% plus, in fact the first 3 year waive of loans are all paid off

Did you see the WaPo failure to retract the "Prop or Not" article?

They thought an "Editor's Note" claiming they gave no veracity of the information provided by Prop Or Not was enough. The entire piece praises Prop Or Not despite not identifying a single individual in the organization. It appears to be a Neocon-MIC Front Group.

They should actually pull the piece. They will, once they get sued.

Pretty sure no one has ever gotten emails out of the site, except individuals who have "befriended" another user, which results in email sharing for just those two users.

You must not be too happy about the YOY change in GDP and labor force are you? That seems to contradict some other indicators.

And btw, I am not interested in competing with you. I just think that the economy is weaker than many think. I just want to get to the bottom of it. I want to know where we stand. Certainly, there are some positives, but there are also some obvious negatives.

jazz music says

APOCALYPSEFUCK_is_ADORABLE:

Time Magazine's man of the year!

And two Presidential Medals of Freedom.

Who would have thought that Trump would be the first IHL president.

Is this the WaPo article you are talking about:
https://www.washingtonpost.com/world/national-security/obama-orders-review-of-russian-hacking-during-presidential-campaign/2016/12/09/31d6b300-be2a-11e6-94ac-3d324840106c_story.html?utm_term=.308f601c90ba

If so, they say:

“It is the assessment of the intelligence community that Russia’s goal here was to favor one candidate over the other, to help Trump get elected,” said a senior U.S. official briefed on an intelligence presentation made to U.S. senators. “That’s the consensus view.”
.....
The CIA shared its latest assessment with key senators in a closed-door briefing on Capitol Hill last week, in which agency officials cited a growing body of intelligence from multiple sources. Agency briefers told the senators it was now “quite clear” that electing Trump was Russia’s goal, according to the officials, who spoke on the condition of anonymity to discuss intelligence matters.

The CIA presentation to senators about Russia’s intentions fell short of a formal U.S. assessment produced by all 17 intelligence agencies. A senior U.S. official said there were minor disagreements among intelligence officials about the agency’s assessment, in part because some questions remain unanswered.

Seems consistent with this new reporting. It's all going to be a moot point anyway. Trump rejects the intelligence community.

This is all a moot point because Russia didn't hack voter machines, but they exposed information about how corrupt the DNC is. If that affected the election, so be it. Not Trump's problem.

How many days later and CIC still thinks this story is about the Washington Post ?

We don't need no steenkin' facts!

Can someone link to the FBI,CIA documents?
OH! That's right ,no MSM or individual without clearance even knows the location of these supposed-ed documents.
The Russians send all their secret documents to all the u.s. security agencies.The alphabet soup in DC .couldn't be wrong about this. We've never heard a fib before from GREAT american institutions.
I comment about things I know nothing about.
I'm a fast patnet learner.

This is all part of hardcore liberals coming around to accepting election outcome. They cant just accept the outcome, it's too hard for them. They need some excuse to mentally make peace with it, as silly as blaming Putin. Otherwise they can't comprehend the world that doesn't agree with their authoritarian one sided point of view.

Please understand, guys like Marcus need this stuff, it's the only way their brain can view the outcome of election. Hillary losing, they can't comprehend this, just blows their minds!

APOCALYPSEFUCK_is_ADORABLE says

TRUMP PLOTTING TO FUCK A DUCK!

While his daughter is trying to duck a fuck.

it's not possible to know the real geo-location of the hacker(s) of this caliber.

don't need to read any news to know that.

she said in the second debate many agencies confirmed. LOL. no one would be able to confirm shit. what a lying crooked POS.

NO I get spam from Breitbart and Drude Report after I gave them my email so I could give them my input on Polls about Trump.
Pretty chickenshit that Bush, Rubio and Cruz all got holt of my email and sent me adverts to my disliking.

I've been pwn Patrick for over 11 years now, never have I gotten email that I could say came from here.

It was the number one reason nobody got a damn dime from me. NOt one red cent not a penny.
Trump should have had Mumfort kick someobdy in the balls for plucking his chickens.
My black friend even though he's a felon and can't vote was stupid enough to give Klingon Clinton $16 on 5 different occassions. Stupid ass!

HEY YOU says

No one ask the tough questions.

Patrick,did you vote for trump?

I voted for Bernie.

Cool move because it didn't matter in California anyway.

Whatever hacking has taken place, the FBI says the CIA has not proved that voting machines were hacked.

I am not a Trump fan, but this possible fake news by the Washington Post is disturbing.

Is axle grease better than transmission fluid for duck stuffing?

Gary Anderson says

GDP and labor force are you?

Ages 21-26 are the biggest in America and prime age labor force is almost back to 2007.. this massive work force is kicking into the door and in a few years it will be a big positive for the U.S.

Older America leaving matters a lot if they don't have a work force consumption and working to take it's place

Hence why I am not worried about America demographics or robots taking all the jobs

HEY YOU says

CIA documents

It was a classified presentation. Obviously the fact that it happened was leaked by someone who thought it was important to get the story out.

"I am not a Trump fan, but this possible fake news by the Washington Post is disturbing."

Calling this fake news is another example of a very disturbing trend. Let me help you distinguish.

This WaPo story may have slightly overstated the case. The CIA absolutely believes and has strong evidence to show that Russia was behind the hacking. But claiming that it was done to help Trump requires further evidence proving motive, which others don't think the CIA has. You would need a mole inside the Kremlin to vouch for motive.

That is NOT fake news.

A story claiming that Hillary was running a underage sex ring inside a pizza place--that is fake news. There is zero evidence for any of it. It was completely fabricated. That is fake news.

"So what haven't they put out ANY proof...
BTW, when was the last time the CIA came out and made a public announcement on a case they were investigating???
That would be NEVER!!!"

But they have a long history of leaking information to reporters.

Ironman says

...with all the lies told by WaPo during the election season.

You've lied more in this thread than the WaPo lied in that article. You constructed a straw man argument around the idea that the WaPo stated that the CIA claimed they knew beyond a reasonable doubt. Then you claimed that proved that the WaPo was lying. But the WaPo never said that. So, you are the liar - plain and simple.

Ironman says

"ODNI is not arguing that the agency (CIA) is wrong, only that they can't prove intent," said one of the three U.S. officials. "Of course they can't, absent agents in on the decision-making in Moscow."

The WaPo gave the reasoning behind the assertion of intent. It was simply that the Russians could have hacked the RNC if they wanted. Therefore, it is likely that they intended to help Trump. This is all pretty simple and something most people have though of. The WaPo article just fleshes out a little bit about what the CIA knows about it.

You perpetuate fake news on a regular basis and are now trying to muddy the waters about what is and isn't fake news.

Ironman says

The "Russian" hack was NOT from the Russians, WikiLeaks even said so..

Wikileaks said that they didn't get the info straight from the Russians. The CIA was not claiming that they did either. The CIA was claiming connections between Russians and the perps. Plus, Wikileaks is not neutral here. Assange had a huge personal stake in this election.

Credit Card Debt (Record High): 1.2 trillion USD

Auto Loans (Record High): 1.2 trillion USD

Student Loan Debt (Record High): 1.4 trillion USD

Mortgage Debt (4-Year Highs): 8.87 trillion USD

Medical debt (not sure of number but positive debt and amount in delinquency at all-time record highs, too).

Charge (it) Recovery!

joeyjojojunior says

But they have a long history of leaking information to reporters.

Yes - when they want to interfere with US Politics and get what they want.

Is the CIA interested in peace with Russia? Think about the entire outfit. At 50-55, your typical analyst/hacker/manager wants to go to work for C3 or Booz Allen Hamilton and make twice the money. The more warmongering there is, the more private contractor opportunities there are.

As for retired CIA, they often have different opinions uncolored by career goals:
"CIA Veterans Urge Caution on Leaks Saying Russia's Putin Tried to Get Trump Elected
http://www.newsweek.com/cia-trump-putin-2016-election-hacks-wikileaks-clinton-spies-intelligence-iraq-530666

Forget auto loans, student loan, mortgage & medical debt for a second.

Think about this - If Americans lost the ability to use their credit cards, making minimum monthly payments, there'd literally be nationwide riots in the streets within 7-10 days, max.

I did not even touch upon food stamps/EBT, other forms of welfare, payday and "advance" loans, etc.

Just credit cards. That's how precarious a likely 76% of the American Population is living (worse than paycheck to paycheck; the same 76% that could not come up with $1,400 in cash in the event of a sudden emergency expense, without borrowing from family or friends).