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Historic defeat for Democrats in Tuesday's midterm election


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2014 Nov 4, 12:06pm   55,669 views  150 comments

by Strategist   ➕follow (3)   💰tip   ignore  

http://www.cnbc.com/id/102146583

Balance of Power: Senate: 50 (R) 42 (D) 2 (I) 6 (Undec.) | House: 246 (R) 189 (D)

#politics

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64   FortWayne   2014 Nov 5, 1:15am  

Peter P says

FortWayne says

It'll be interesting to see how this turns out. It usually seems to work out better when senate is Republican and White house is Democratic.

Perhaps it will be Clinton versus a Republican congress again? :-)

last time that scenario went well, so I'm all for it.

65   Shaman   2014 Nov 5, 1:30am  

Strategist says

Quigley says

I would say that jobs are created when there is a lot of added value being generated. Any other type of economic activity is just a zero sum game from which there can be no growth.

That's basically productivity.

It's not that simple. You can have lots of productivity, but be producing the wrong kind of product or too much for the market. It doesn't matter how efficiently you produce weasel condoms if no weasels are buying them. To add value, you must produce things that are needed. We don't need more rubber sporks at any price, and the market for Halloween decorations just took a major shit. Any additional production of such would negatively affect value.

66   NDrLoR   2014 Nov 5, 1:33am  

zzyzzx says

Woolf is a documentary filmmaker

These are the only kind of jobs most Democrats have. They're almost never Cadillac dealers.

67   Peter P   2014 Nov 5, 1:39am  

Strategist says

I have no reason to lie. "Real wages are ultimately determined by productivity"

Productivity improvement is a necessarily condition to any real wage increase.

However, it alone is not sufficient. Nevertheless, philosophically, a wage earner should *NOT* enjoy the fruit of productivity. Employees do not take risks, hence they need not have gains.

My message: become a risk-taker!

68   dublin hillz   2014 Nov 5, 1:42am  

"I see a bad moon arisin'
I see trouble on the way
I see earthquakes and lightnin'
I see bad times today

Don't go around tonight
Well, it's bound to take your life
There's a bad moon on the rise

I hear hurricanes ablowin'
I know the end is comin' soon
I fear rivers overflowin'
I hear the voice of rage and ruin

Don't go around tonight
Well, it's bound to take your life
There's a bad moon on the rise
Alright

Hope you got your things together
Hope you are quite prepared to die
Looks like we're in for nasty weather
One eye is taken for an eye

Well, don't go around tonight
Well, it's bound to take your life
There's a bad moon on the rise

Don't go around tonight
Well, it's bound to take your life
There's a bad moon on the rise

Songwriters
JOHN C. FOGERTY"

69   Peter P   2014 Nov 5, 1:45am  

The "phantom" real wage gains in parts of the 20th century was caused by a temporary imbalance of higher productivity and a lack of labor competition. Information technology and other advances eventually allowed the global market to become more efficient. As a result, this imbalance had been corrected.

Now, to improve your life, you have to take economic risks.

70   dublin hillz   2014 Nov 5, 1:47am  

A wave of red has descended upon our nation; the soviet citizens from 1917-1989 can relate...

71   Strategist   2014 Nov 5, 1:48am  

Quigley says

That's basically productivity.

It's not that simple. You can have lots of productivity, but be producing the wrong kind of product or too much for the market. It doesn't matter how efficiently you produce weasel condoms if no weasels are buying them. To add value, you must produce things that are needed. We don't need more rubber sporks at any price, and the market for Halloween decorations just took a major shit. Any additional production of such would negatively affect value.

That's where the wonder of capitalism comes in. If a business keeps making the wrong product they will eventually go out of business. e.g.. Kodak. If a company makes the right products, they will thrive e.g.. Apple.

72   indigenous   2014 Nov 5, 1:49am  

Peter P says

As a result, this imbalance had been corrected.

And a bigger imbalance was falsely created by mercantilism.

Peter P says

Now, to improve your life, you have to take economic risks.

Become a day trader?

73   Peter P   2014 Nov 5, 1:51am  

dublin hillz says

A wave of red has descended upon our nation; the soviet citizens from 1917-1989 can relate...

So let's hope the Clinton brand will return. We need the balance.

Social conservatism is *NOT* better than socialism.

74   zzyzzx   2014 Nov 5, 1:53am  

Let's not forget about Scott Walker's huge victory last night!

He makes union thugs cry!

75   Peter P   2014 Nov 5, 1:57am  

indigenous says

Peter P says

Now, to improve your life, you have to take economic risks.

Become a day trader?

There are many ways. You can start a business. But if you must be an employee, you may want to see your company as your customer.

Be agile.

Moreover, seeking safety did not turn out well recently. Think AAA-rated mortgage-back securities. "Lifelong" security of employment is just as laughable in this day and age.

Too many morons go after the mirage of financial safety, and safety, for lack of a better word, is overpriced.

76   indigenous   2014 Nov 5, 1:59am  

Peter P says

Too many morons go after the mirage of financial safety, and safety, for lack of a better word, is overpriced.

My advice, what ever you do be productive. In the real sense of the word.

77   Peter P   2014 Nov 5, 2:00am  

zzyzzx says

Let's not forget about Scott Walker's huge victory last night!

He makes union thugs cry!

Union has no place in the modern world. They stand in the way of market efficiency.

Most people pay a net premium for having unions around.

78   indigenous   2014 Nov 5, 2:02am  

Peter P says

Most people pay a net premium for having unions around.

Calif is that on steroids, they sure as fuck have no place in the public sector.

79   Peter P   2014 Nov 5, 2:04am  

indigenous says

Peter P says

Too many morons go after the mirage of financial safety, and safety, for lack of a better word, is overpriced.

My advice, what ever you do be productive. In the real sense of the word.

That word has little meaning nowadays. I doubt developing yet another me-too app is a productive endeavor.

Life is a tragedy. The best one can do is to be the comic relief.

80   indigenous   2014 Nov 5, 2:06am  

Peter P says

I doubt developing yet another me-too app is a productive endeavor.

Yup as would I, but that is beside the point.

Peter P says

Life is a tragedy. The best one can do is to be the comic relief.

I have to disagree, that sort of apathy will/is become a self fulfilling prophecy.

81   Peter P   2014 Nov 5, 2:06am  

indigenous says

Peter P says

Most people pay a net premium for having unions around.

Calif is that on steroids, they sure as fuck have no place in the public sector.

IMO they have no place anywhere. It is really a form of labor cartel and collusion.

82   FortWayne   2014 Nov 5, 2:08am  

Peter P says

Productivity improvement is a necessarily condition to any real wage increase.

Much agreed. Walmart has been more and more productive, while at the same time their employees make less and less. If Walmart could, they'd turn it into a company store and stop paying their slaves they call "employees" while at it.

83   Peter P   2014 Nov 5, 2:09am  

indigenous says

Peter P says

Life is a tragedy. The best one can do is to be the comic relief.

I have to disagree, that sort of apathy will/is become a self fulfilling prophecy.

It does not have to be apathetic. Like Greek tragedies. Life can build on them.

84   Strategist   2014 Nov 5, 2:09am  

zzyzzx says

Let's not forget about Scott Walker's huge victory last night!

He makes union thugs cry!

http://dailycaller.com/2014/11/04/scott-walker-wins-in-wisconsin-2/

Wisconsin Gov. Scott Walker won re-election against Democratic challenger Mary Burke in a race labor unions were keenly interested in.

Back in 2011, Walker and the Republican-controlled state legislature passed a state law, known as Act 10, which significantly changed the collective bargaining process for most public employees within the state.

85   FortWayne   2014 Nov 5, 2:10am  

Peter P says

indigenous says

Peter P says

Most people pay a net premium for having unions around.

Calif is that on steroids, they sure as fuck have no place in the public sector.

IMO they have no place anywhere. It is really a form of labor cartel and collusion.

I never liked unions, they always tried to stranglehold their employees, raised taxes on private sector, and they always voted against social security because they got pensions instead so SS mattered not to them.

Nothing more than just another corporate style cartel.

86   Peter P   2014 Nov 5, 2:10am  

Strategist says

Back in 2011, Walker and the Republican-controlled state legislature passed a state law, known as Act 10, which significantly changed the collective bargaining process for most public employees within the state.

Hopefully that would lead a global wave to dismantle unions worldwide.

87   indigenous   2014 Nov 5, 2:23am  

Strategist says

Back in 2011, Walker and the Republican-controlled state legislature passed a state law, known as Act 10, which significantly changed the collective bargaining process for most public employees within the state.

In Calif we have a guy named JB who did the opposite back in the early 70s, and it is now Frankenstein's monster. What a fucking asshole.

88   Peter P   2014 Nov 5, 2:23am  

FortWayne says

Peter P says

Productivity improvement is a necessarily condition to any real wage increase.

Much agreed. Walmart has been more and more productive, while at the same time their employees make less and less. If Walmart could, they'd turn it into a company store and stop paying their slaves they call "employees" while at it.

Sadly, that is probably true.

The morale: become an employee only if you have some pricing power

Only market "laws" can give any group pricing power. Legislated laws can at most provide bargaining power. However, there will be no bargaining when there is no market.

89   indigenous   2014 Nov 5, 2:24am  

APOCALYPSEFUCKisShostikovitch says

Ballsy! The RNC will get her to file legislation to repeal the 13th and 14th Amendment so she can prove how true to party even Negresses can be

Fuck You

90   indigenous   2014 Nov 5, 2:28am  

Peter P says

Much agreed. Walmart has been more and more productive, while at the same time their employees make less and less.

Walmart has raised the standard of living of their customers, I don't hear the customers complaining.

Those are entry level jobs like any other, comparing them to career type jobs makes as much sense as an elephant in a bird cage. Walmart actually pays quite well for management jobs.

91   Peter P   2014 Nov 5, 2:32am  

indigenous says

Walmart has raised the standard of living of their customers, I don't hear the customers complaining.

They surely made poverty slightly more "glamorous."

I am a fan of Walmart, even though I do not shop there. Target is more pleasant.

indigenous says

Those are entry level jobs like any other, comparing them to career type jobs makes as much sense as an elephant in a bird cage. Walmart actually pays quite well for management jobs.

But sadly, many people think *any* job ought to be a career-track position.

I even think a "career" is overrated. One ought to go through many transformations. Self-actualization is the real goal.

92   dublin hillz   2014 Nov 5, 2:36am  

Peter P says

I am a fan of Walmart, even though I do not shop there. Target is more
pleasant.

Walmart definitely has the "savages" customer market segment cornered. Every time some BS happens like customers bullrushing the store, fighting, trampling each other, it seems to always happen there. Target customers are much more refined and civilized. Fuck walmart!

93   indigenous   2014 Nov 5, 2:40am  

Peter P says

I even think a "career" is overrated. One ought to go through many transformations. Self-actualization is the real goal.

As long as we are waxing philosophical , I will go with these profound words.

Today you are You, that is truer than true. There is no one alive who is Youer than You

94   Peter P   2014 Nov 5, 2:40am  

dublin hillz says

Target customers are much more refined and civilized.

Agreed.

Walmart saw a niche and filled it nicely. Good for them.

95   Peter P   2014 Nov 5, 2:41am  

indigenous says

Today you are You, that is truer than true. There is no one alive who is Youer than You

You don't even know if I exist.

96   indigenous   2014 Nov 5, 2:50am  

Peter P says

You don't even know if I exist.

Yes, Nihilism, what a stupid philosophy that is.

Consider Thomism, things are caused they are not happenstance, there are weather and acts of God but the rest is YOU.

I think they had it right at the end of Forest Gump, more profound words.

97   Shaman   2014 Nov 5, 2:54am  

Walmart is proof that the ultimate goal of capitalism is to get the government to pay your profits. Walmart nearly always makes sweetheart deals for land and utilities with whatever city it infests. They also "wisely" keep most of the employees part time so they can avoid paying benefits like health care. This means that not only are their employees going to be getting healthcare on the public dime, but they'll also be eligible for welfare, food stamps, and section 8 housing! Whatever they make at their "job" is just funny money, while the taxpayers pick up the tab of actually paying their employees.
Brilliant! Naked capitalism riding on the back of socialism!

98   indigenous   2014 Nov 5, 2:58am  

Quigley says

Brilliant! Naked capitalism riding on the back of socialism!

BTW where do you shop?

99   gsr   2014 Nov 5, 4:02am  

APOCALYPSEFUCKisShostikovitch says

Ballsy! The RNC will get her to file legislation to repeal the 13th and 14th Amendment so she can prove how true to party even Negresses can be.

There was even one like to this. I can imagine the heat "CaptainShuddup" would have got if he had spoken the same way about a Black Democrat woman.

100   Robert Sproul   2014 Nov 5, 4:58am  

Huge validating victory for the gargantuan pools of Dark Money.

Right now in America 47 individuals own more than all 160 million people (about 60 million households) below the median wealth level of about $53,000.

Maybe now that wealth can winnow down to perhaps just the hideous Sheldon "Jabba" Adelson, the sclerotic Walton family, and the Koch psychopaths.

101   EBGuy   2014 Nov 5, 5:02am  

Meanwhile, in the world's eight largest economy... all major statewide offices went to Democrats. Voters passed Prop 2 which will divert 1.5% of revenues to a rainy day fund to pay down debt and help out in lean years. There's snow in the Sierras and its sunny outside.

102   HydroCabron   2014 Nov 5, 5:47am  

EBGuy says

Voters passed Prop 2 which will divert 1.5% of revenues to a rainy day fund to pay down debt and help out in lean years. There's snow in the Sierras and its sunny outside.

A lot of people living in East Germany thought it was just fine, too.

103   RWSGFY   2014 Nov 5, 6:05am  

dublin hillz says

A wave of red has descended upon our nation; the soviet citizens from 1917-1989 can relate...

WTF?

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