patrick.net

That first chick looks like a dude in a hair metal band, maybe a young tommy lee

6 subscribers. congrats :)

no joke though, much respect for braving that crowd.

At what time in the video does the guy get hit?

inflation is driven by wage inflation which has been kept low by artificial means: huge immigration, globalism, outsourcing, offshoring, and H1B programs. These are INTENTIONAL disruptive actions taken to depress wage gains and ensure that inflation will remain pitiful.

Thanks, I had not considered that globalisation keeps inflation down.

Who said "Like They are askin for trouble" for shooting him?
Those punks are the ones asking for trouble but none was granted to them.

And then you woke up.

They need to fill those paint guns with a combination of botulin toxin and ergotamine. Watch the crowd disperse after that.

Dan says

I would hate to depend on globalization to keep inflation low.

From your post, I'd surmise that you haven't had to worry about it. You've just been taking advantage of the situation to make some money. Good on you! At least you have the right idea for the right time. However, things be a changing now, which is what this post be all about. I'm not bearish on housing or anything. If anything, I'm for ownership at this point, given that inflation is bound to increase under the new Trump management. However, don't expect huge gains in short time windows. You'll need to be in it for the long term to realize the appreciation in Real Estate.
However, stocks are looking damn good to me at the moment for an investment vehicle! Inflation generally drives stocks upward, both as a product of the money inflating value and the economy inflating in-step.

I basically agree. The US exports inflation.

By definition inflation is an increase in the money supply combined with an increase in demand. That said the trend if for low inflation, see the chart.

The population in China, Japan, Europe, Russia is getting older.

I think Logan has it right in that demographics are the greatest predictor of the economy. The countries that are going to have a growing economy are India, Nigeria and the US, IIRC.

The economy had one hell of an adjustment starting in 2007. The Climb since has been organic despite the low interest rates, IOW there probably aren't any bubbles. I even think that rates are organic because of the age of the US and the world.

I disagree with the Austrians on the importance of the Fed, because the dollar is the reserve currency of the world and because the dollar is strong, ergo the US exports inflation.

I've never questioned the job numbers, only the quality of those jobs being added. And we called ou the unemployment numbers which were bullshit.
Trump isn't saying he's got unemployment down yet, but he is adding Big Pants sized jobs back into the ecconomy.

He's not creating part time apron jobs.

Trump didn't question whether 80,000 McDonald part time min wage jobs were created in just one month in 2010.
We are questioning why did Obama's administration pick McDonald's to give billions of dollars to more than double in one year. Especially during a time when his wife was bitching about what we eat, and the number one movie in the box office was "Super Size Me.".

You guys did a lot of funny talking the last 8 years and we Trump voters heard you loud and clear!

Thanks for trying the private group chat apo!

I added myself (I can do that, lol) but no one else can see it until you specifically add them with the INVITE text box above...

Quigley says

So, inflation is heading up!

Interest rates are heading up!

Housing prices should be flat, or decline slightly, except for the fact that population continues to grow with very little building activity, keeping the pressure on for housing markets. In addition, more people will have jobs making more and more money as time goes on.

Where did you get your Crystal Ball, - hecho in USA?

Dan says

Follow a Richie Rich modus operandi. Go for it!

Sir,

In Europe they seek happiness over riches. (to a greater extent)

In US they seek wealth or the perception of wealth over happiness.

Which is better?

Republicans have come up with a new plan. All sick people will work off their sickness by picking strawberries. This will end the need for illegal immigrants and the fresh air and unpaid work will either cure the sick or make them drop dead, in which case they will be used as fertilizer to increase crop yield. It's a win-win.

Tenpoundbass says

He's not creating part time apron jobs.

What did he do exactly to create these jobs?

Dan8267 says

Republicans have come up with a new plan. All sick people will work off their sickness by picking strawberries. This will end the need for illegal immigrants and the fresh air and unpaid work will either cure the sick or make them drop dead, in which case they will be used as fertilizer to increase crop yield. It's a win-win.

See, if you try really hard, you can have sensible thoughts like a true conservative.

Sir, Maybe which is better is simply the NOW that we are, this moment?

“I didn't arrive at my understanding of the fundamental laws of the universe through my rational mind.” Albert Einstein

jazz music says

Major Corporations Pay No Taxes, Hide Income Offshore, and Get Major Subsidies From You

You just found this out?

All I know is that it's good to be the king.

APOCALYPSEFUCK_is_ADORABLE says

Why do you hate WIN!ning?

What is the point of being an anti government libertarian if you can't suck off the government tit? Libertarian means government spending on other people is wasteful.

I don't know about inflation, but business will grow quite a bit with less regulation and more incentives to grow. They should repeal those damn Obamacare taxes already.

FortWayne says

I don't know about inflation, but business will grow quite a bit with less regulation and more incentives to grow.

How did less regulation work out in 2000s? You have a short memory. Do you even know which regulations Trump is getting rid of?

bob2356 says

Libertarian means government spending on other people is wasteful

Yeap. Just waiting for everyone that complained about deficits to start defending Trump's deficit spending and how it's much better because it will give corporations even more money so they can create jobs.

tr6 says

FortWayne says

I don't know about inflation, but business will grow quite a bit with less regulation and more incentives to grow.

How did less regulation work out in 2000s? You have a short memory. Do you even know which regulations Trump is getting rid of?

I don't have to know, I trust they know what they are doing.

You'd never know that we were ruled by the Golden Child Community Organizer these past 8 years.

And Carlos Slim was the recipient of re-privatized ex-nationalized Telecoms, Banks, Etc. from his pals in the PRI.

40% of the value listed on the Mexico Stock Exchange, and the richest person in the world several years running. Still on the top 10.

Where's the profile of this man's shenanigans, NYT?

Dan8267 says

I am seeing 1 degree warming over the last century.

Which is damn significant. It's not how hot you feel. It's how the climate changes everything from sea levels to weather patterns to habitability zones for every creature on the planet.

WaPoIsHitler Lipsovitch says

You'd never know that we were ruled by the Golden Child Community Organizer these past 8 years.

Yes, I get the Obama criticism. Why are not criticizing Trump for trying to make corporations even bigger?

tr6 says

Yes, I get the Obama criticism. Why are not criticizing Trump for trying to make corporations even bigger?

You just don't understand lips world. Obama does it=bad. Trump does it=good. Really simple.

Hater says

Fear, Like how global warming will kill you if you don't give up money via taxes.

No, you're thinking of terrorism. Conservatives are always saying we have to pay trillions in taxes and debt and give up human rights to fight terrorism.

Liberals are saying we should stop letting corporations pollute the Earth. Pollution costs us wealth. Pollution is a form of theft that decreases the GDP and impoverishes us.

Dumping heavy metals into streams is not the most efficient use of resources. Whatever money is saved by polluters is more than lost by other people such as fishermen who lose their catch from the pollution to people who have to spend health care dollars fighting the negative health effects of pollution. And cleaning up after the fact is far more expense than not polluting in the first place.

Furthermore, allowing polluters to pollute is effectively undermining free markets by picking winners and losers. Allowing pollution is essentially subsidizing polluters at the expense of everyone else. This means that the cost of items made by polluters is less than their true cost while the costs of items produced by non-polluters is greater. Why do you hate free markets so much? Why do you believe in welfare for a select few?

Conservatives are just bad at business and economics.

Hater says

Uncertainty like when Al Gore said the arctic summer ice would be completely gone by 2013

Except that never happen. You are repeating another debunked lie. Go ahead, call my hand.

Hater says

When I was young the climatologists talked of the coming ice age; some still do.

Another debunked lie. Are you incapable of truth?

Hater says

Again, I have no doubt that increasing populations and pollution are not good for the future of the planet but this global warming hysteria is downright religious.

That's a cop-out. Hysteria is calling terrorism an existential threat. Hysteria is claiming that whistle blowers compromise national security. There is nothing hysterical about my claims.

Go ahead and try to refute any of my claims.
1. Rising temperatures will move the mosquito line upwards exposing millions of people to malaria.
2. Rising sea levels will endanger trillions of dollars of real estate along the coastal regions of the United States.
3. Previous productive farm land will be subjected to droughts or flooding.
4. Terrorism will increase due to the political instability created by climate change.

Go on, try and refute those things.

People who use the term "hysteria" to mask their apathy should get no say in climate change policy. The idea that we should do nothing about pollution or climate change is utterly ridiculous.

Pollution should be outlawed as much as is possible. Where it is not possible to outlaw it, pollution should be taxed the full amount it costs to clean it up. This includes carbon and methane taxes. The tax revenue should be used only to clean up pollution and repair the damage done by it. This is the free market solution.

Hater says

How fast is the sea level rising?

"Sea level continues to rise at a rate of about one-eighth of an inch per year."

from http://oceanservice.noaa.gov/facts/sealevel.html

Interesting that they do not refer to themselves as a South Korean paper, only "Korean":

Korea’s leading daily,the JoongAng Ilbo publishes a high quality
English-language newspaper, Korea JoongAng Daily.
It provides you with not only the major articles of the JoongAng
Ilbo, but also in-depth reports on the foreign community in
Korea including business coverage and social activities plus an
introduction to Korean culture.

Hater says

Climatologists were wrong then (maybe) what makes them so right now?

First off, science is a self-correcting mechanism. It should be expected that scientific predictions get better with time. When hurricane predictions were first started they were barely accurate. The actual path deviated from the predicted path, not completely, but largely. As time went on, the predictions became more accurate. Today, the actual paths have almost no deviation from the predicted paths. It's called progress.

So even if scientists were predicting another ice age in the 1960s, that would not invalidate today's predictions. Science, technology, and measurements become better and more detailed with time. The very principle you are proposing is wrong.

Second, you once again have gotten the facts all wrong. Although a few climate scientists wrote papers stating that another ice age might occur, the overwhelming number, even in the 1960s thought that global warming was far, far more likely. This is reflected in the sheer numbers of papers written about the latter. As time progressed, the global warming evidence mounted and now all papers predict and measure global warming.

What were climate scientists predicting in the 1970s?

A survey of peer reviewed scientific papers from 1965 to 1979 show that few papers predicted global cooling (7 in total). Significantly more papers (42 in total) predicted global warming (Peterson 2008). The large majority of climate research in the 1970s predicted the Earth would warm as a consequence of CO2. Rather than 1970s scientists predicting cooling, the opposite is the case.

In the 1970s, the most comprehensive study on climate change (and the closest thing to a scientific consensus at the time) was the 1975 US National Academy of Sciences/National Research Council Report. Their basic conclusion was "…we do not have a good quantitative understanding of our climate machine and what determines its course. Without the fundamental understanding, it does not seem possible to predict climate…"

This is in strong contrast with the current position of the US National Academy of Sciences: "...there is now strong evidence that significant global warming is occurring... It is likely that most of the warming in recent decades can be attributed to human activities... The scientific understanding of climate change is now sufficiently clear to justify nations taking prompt action." This is in a joint statement with the Academies of Science from Brazil, France, Canada, China, Germany, India, Italy, Japan, Russia and the United Kingdom.

In contrast to the 1970s, there are now a number of scientific bodies that have released statements affirming man-made global warming. More on scientific consensus...

National Oceanic and Atmospheric Administration
Environmental Protection Agency
NASA's Goddard Institute of Space Studies
American Geophysical Union
American Institute of Physics
National Center for Atmospheric Research
American Meteorological Society
The Royal Society of the UK
Canadian Meteorological and Oceanographic Society
American Association for the Advancement of Science

Of course, now that I have presented the evidence that contradicts your conclusions, your reaction will be
Oh, wow. I did not know that. You're right. The scientific evidence is, and has always, been that the Earth is warming because of man-made pollution. Now that I have the evidence and that you have shown me that the bogus evidence I had read was debunked, I'll change my mind to reflect what dozens of reputable scientific organizations, thousands of independent lines of evidence, and millions of scientists around the world have concluded. After all, if I didn't change my mind at this point, I'd be a complete hypocrite using fake evidence I knew was fake to convince people of what I knew to be a lie.

I await your retraction of every claim you have made in this thread.

Hater says

Oh, I see. Al Gore said "could".

And he was right. Based on the evidence, the worst case scenario was what he presented as the worst case scenario. The best case scenario was also what he presented as the best case scenario. We are better off than that worst case scenario, but we are also certainly worse off than the best case scenario.

It's funny how this is almost always the case in reality. That reality falls somewhere between the worst and best cases. It's almost as if the two extremes represent upper and lower bounds.

So are you admitting that you were wrong about Gore? Or does that take more emotional maturity than you can muster?

Hater says

Dan8267 says

3. Previous productive farm land will be subjected to droughts or flooding.

and new farmland will open up.

So, how exactly will one farm in downtown New York City?

And have you thought that entire nations that are dependent upon their agricultural industry to feed themselves will experience mass starvation? Not every country has as much land as the United States, particularly at varying latitudes. But hey, fuck everyone who's not an American. They deserve to die for not having the intelligence of being born in America.

Hater says

Dan8267 says

4. Terrorism will increase due to the political instability created by climate change.

REALLY!!!

Where is your proof?

Pentagon Signals Security Risks of Climate Change

The Pentagon on Monday released a report asserting decisively that climate change poses an immediate threat to national security, with increased risks from terrorism, infectious disease, global poverty and food shortages. It also predicted rising demand for military disaster responses as extreme weather creates more global humanitarian crises.

The report lays out a road map to show how the military will adapt to rising sea levels, more violent storms and widespread droughts. The Defense Department will begin by integrating plans for climate change risks across all of its operations, from war games and strategic military planning situations to a rethinking of the movement of supplies.

Defense Secretary Chuck Hagel, speaking Monday at a meeting of defense ministers in Peru, highlighted the report’s findings and the global security threats of climate change.

“The loss of glaciers will strain water supplies in several areas of our hemisphere,” Mr. Hagel said. “Destruction and devastation from hurricanes can sow the seeds for instability. Droughts and crop failures can leave millions of people without any lifeline, and trigger waves of mass migration.”

The report is the latest in a series of studies highlighting the national security risks of climate change. But the Pentagon’s characterization of it as a present-day threat demanding immediate action represents a significant shift for the military, which has in the past focused on climate change as a future risk.

Do you have the intellectual honest to admit you were wrong about this as well? Awaiting your sincere concession.

But hey, why believe the Pentagon? What do those people know about national security? Sounds like hippie hysteria over climate change, and career military generals are known for hysteria. Why, five star generals are like 1950s house wives screaming on a chair whenever they see a mouse.

rando says

"Sea level continues to rise at a rate of about one-eighth of an inch per year."

Just don't assume the rise in sea-levels will be linear. That would be batshit stupid. Nature rarely follows linear patterns.

The melting of ice creates a positive feedback which exponentially increases warming. Ice is white. When it melts, less sunlight is reflected back into space, and more warming occurs, melting more ice.

As for the significance of sea-level rises, how much does all the real estate in Miami cost anyway?
http://www.nytimes.com/interactive/2012/11/24/opinion/sunday/what-could-disappear.html?_r=0

With just a five foot rise...

So excuse me for giving a shit if the cities I live and work in are swallowed by the seas and all businesses in them cease. I think that would lower the fucking GDP what with the loss of production, massive unemployment, refugees, and destruction of infrastructure.

APOCALYPSEFUCK_is_ADORABLE says

The U.S. Navys Special Warfare Development Group, better known as the SEAL Team 6, will arrive in South Korea soon for joint military drills and take part in an exercise simulating the removal of North Korean leader Kim Jong-un

ha ha
I bet the fat brat is hiding in the bathroom.

curious2 says

If I may suggest we move on from whether the climate is warming and at what rate, can somebody please tell me whether any political party has any policy that would actually manage the climate?

Right now, neither of the two major parties has a plan. That is what needs to change. There are numerous policies we can implement to mintage climate change and pay for the damages we cannot avoid. This can be done with anti-pollution laws, fines, sin taxes, cap-and-trade, requiring environmental standards to be met for access to the U.S. market, efforts to clean up pollution, ending oil subsidies, subsidizing clean energy technology, changing laws so that anyone can produce and sell excess energy on our nation's grid, and so much more.

curious2 says

Has any American party, major or independent, proposed researching and developing the geo-engineering that would be necessary actually to manage the climate?

Yes, the Green Party, no surprise. Their platform lists various solutions.
1. Strong International Climate Treaty
2. Enact a Fee & Dividend system on fossil fuels
3. Elimination of subsidies for fossil fuels, nuclear power, biomass and waste incineration and biofuels.
4. To prevent perverse incentives arising from higher carbon prices, the Green Party mandates clean fuels in
addition to pricing carbon.
5. Pay for adaptation to climate change in countries less responsibility for climate change
6. Provide a carbon neutral development path for those countries that can no longer be permitted to develop in the same way we did—by burning cheap fossil fuels
7. Adopt energy efficiency standards that reduce energy demand economy-wide by 50% over the next 20–30 years.
8. Build an efficient, low cost public transportation system.
9. Adopt a national zero waste policy.
10. Create an inclusive program to train workers for the new, clean energy economy.
11. Adopt a clean energy portfolio standard that rapidly replaces our combustion-based power sources with wind, solar, ocean, small-scale hydro, and geothermal power
12. End the use of nuclear power.
13. Convert U.S farm and ranchland to organic practices. Chemical and industrial agriculture produces 35-50% of climate destabilizing greenhouse gases.
14. Switch to local food production and distribution. Localized, organic food production and distribution reduce fossil fuel usage and enriches soil that sequesters more carbon dioxide.
15. Reduce methane, nitrous oxide and other greenhouse gases by rapidly phasing out confined animal feeding operations, and encouraging a reduction in meat consumption.
16. Retrofit U.S. building stock for energy efficiency.
17. Energy efficiency standards similar to those in California to be adopted nationally.
18. A carbon tax
19. Increase funding of clean energy research and development
20. Policy tools to directly support the development of renewable energy sources, such as Renewable Portfolio Standards (RPS) and Feed-in Tariffs
21. State-level financing policies like California’s AB 811 can help homeowners install expensive renewable energy where the county pays the up-front cost and the system is paid for via the homeowner’s property taxes.
22. Renewable energy certificates
23. Ban on the construction of large-scale and inappropriately-located, hydroelectric dams.
24. A formal moratorium on the construction of new nuclear power plants
25. A ban on mountaintop removal coal mining
26. The cessation of development of fuels produced with polluting, energy-intensive processes or
from unsustainable or toxic feed stocks, such as genetically-engineered crops, coal and waste streams contaminated with persistent toxics
27. Ban oil and gas drilling or exploration on our nation’s outer continental shelf, on our public lands, in the Rocky Mountains, and under the Great Lakes
28. Enact a moratorium on hydraulic fracturing
29. Decentralize the electricity generation and distribution
30. Implement more smart grids.
31. Tax-exempt bonds to finance public ownership of utilities and to allow publicly owned utilities to finance conservation and renewable energy projects.
32. Oppose efforts to deregulate the energy industry.

These are just a few of their platform points. I don't agree with some of the policies, as I look at things as an engineer, not as a social advocate, but mostly the Green Party is on track.