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3592   Â¥   2010 Aug 22, 7:14am  

AdHominem says

The market will allocate land to agriculture if it makes the most sense to the owners interests.

Mr Market is a short-term optimizer, is path-dependent, and only optimizes locally not globally (ie does not consider wider impacts). Adam Smith has its limitations you know and it is dangerous to take his arguments as an article of faith. This is similar to Marxism preferring doctrine over reality.

Optimizing results on the longer-term and the wider basis requires an extra-market force. Some call this the State, others call it "the gummint".

3593   Â¥   2010 Aug 22, 7:19am  

RayAmerica says

I still like Obama. He’s definitely got a hard job cleaning up the wreckage of the Bush years.

Very funny. In fact, it gets my award for the funniest line on this thread.

What don't you understand about a $4T+ debt overextension, Ray?

If that line continued on its 2005-2008 trajectory we'd still have the Bush Boom.

However, since the Bush Boom was created by the creation of around ten trillion of new debt and not organic growth, the economy is in the process of finding bottom, and it's going to be a long and painful process at that.

Giggle away, idiot.

3594   PeopleUnited   2010 Aug 22, 7:29am  

Troy says

Mr Market is a short-term optimizer

Exactly, if the owner derives more pleasure from letting his land sit he will do so. That is exactly what I said. The owner will do with his land what he considers best for him. ( the good news being that most people desire profit from their investments) I trust the majority of individuals to maximize productivity on their own property more than I trust Washington DC to maximize productivity, were the "gummint" to dictate land use from the top down.

3595   tatupu70   2010 Aug 22, 7:31am  

AdHominem says

Exactly, if the owner derives more pleasure from letting his land sit he will do so. That is exactly what I said. The owner will do with his land what he considers best for him. ( the good news being that most people desire profit from their investments) I trust the majority of individuals to maximize productivity on their own property more than I trust Washinton DC to maximize productivity, were the gummint to dictate land use from the top down.

The problem occurs when everyone decides to sell their farmland for condos over a relatively short timeperiod and we're left with not enough corn, beans and wheat to feed our population. Each farmer was maximizing his profit, but the effect on society was catastrophic.

3596   elliemae   2010 Aug 22, 9:01am  

Nomograph says

AdHominem says


Troy says

Central banks are not a “leftist” thing.

no one said they were but thanks for the straw man post

RayAmerica says

policy or program that is promulgated by the left

Ray did. He seems obsessed with Elliemae, the left, and welfare, more or less in that order.

Nomo - I'm pretty awesome. I can certainly see why someone might be obsessed with me, 'cause I've got it all. Brains, Beauty, I'm damn fun (and funny too), and I have quite a bit of patience. (this is usually the slow time of year, too...)

3597   elliemae   2010 Aug 22, 9:03am  

I hate Obama says



I still like Obama. He’s definitely got a hard job cleaning up the wreckage of the Bush years.

Very funny. In fact, it gets my award for the funniest line on this thread.

Damn. Now that the award's been given out, there's no sense in trying. :(

3598   elliemae   2010 Aug 22, 9:10am  

You started this thread just so you could carp on Mikey. Did the whole thing on porpoise, you little shrimp. Meanwhile, he sits around on his bass looking for a way to answer.

Don't answer, Mikey - he's just trying to bait you 'cause you're quite the catch. I'm going dolphin, myself. Things are getting rough.

3599   Bap33   2010 Aug 22, 9:57am  

@Troy,
why attack another poster? The point made by this thread (in my humble opinion) is that funny people that clowned Bush are now clowning Lord Barry. The untold joke is how those who support Lord Barry do not find these people nearly as funny now that it's their clown in the circus. That's just how it goes, I guess.

I would like to hear Code Pink's explaination for not showing up on the links, or at some other relaxation jaunt, to protest Lord Barry's willingness to kick-back (pun) while sending boys off to die .... doesn't that bother anyone else? Are the dead soldiers more acceptable to Code Pink, et al, now that a half-white progressive leftist is telling them where to go get killed? That just don't seem correct to me.

3600   elliemae   2010 Aug 22, 10:07am  

Bap33 says

The untold joke is how those who support Lord Barry do not find these people nearly as funny now that it’s their clown in the circus. That’s just how it goes, I guess.

I didn't find many of the Bush jokes funny.

Tenouncetrout says

Jimmy Fallon, I thought Fallon was part of that SNL crack pot History making machine. Yeah the not ready for prime time players, aren’t ready for political pontifications either.

Are they still called the not ready for prime time players? fallon's gotta go, imho. However, he did a St. Patrick's Day bit on his guitar where he channeled Eminem that was about the best I've seen on that show in years.

3601   RayAmerica   2010 Aug 22, 10:28am  

You forgot to add the most important "quality" on your "I so awesome" list: self delusional.

3602   mikey   2010 Aug 22, 12:47pm  

Ellie is kindly trying to keep me from getting filleted and I appreciate her kelp, but holy mackerel and cod dammit, why does everybody's big mouth have it all bass ackwards? It keels me for reel, buoys and gills. Shore I could fire back under the pier pressure to keep the barracudas at bay but I'm a Betta man than that. I harbor no eel will.

3603   elliemae   2010 Aug 22, 12:53pm  

Didja say all that for a reason, Mikey - or was it merely for the hallibut?

3604   elliemae   2010 Aug 22, 12:57pm  

Obsessed with Elliemae says

You forgot to add the most important “quality” on your “I so awesome” list: self delusional.

Nope - checked the list and didn't see that one there. I looked between "self aware" and "selfless." Wanna know any other of my wonderful traits?

Obsessed with Elliemae says

elliemae says


Now it’s time for you to attack me personally.

I asked you for the reason of your personal “hope” and you interpret that as a personal “attack.” Thanks for doing your part to keep this discourse on a mature, intelligent level.

Called that one right, didn't I?

3605   Cvoc13   2010 Aug 22, 1:00pm  

I agree dadab, 10-15 or 20 years even, and of course none of us have even a clue of what it will look like in 10 years, with so many unknowns and yet to happen events, but overall the best days of our lifestyle in the usa are behind us, and the best days of the BRIC's are just starting to be coming up, it is anothers turn, and that is what we have to realize.

3606   bubblesitter   2010 Aug 22, 1:17pm  

Multi-generational mortgage liens have arrived! :)

Does anyone remember collapse of the Roman empire? Nah! we are the USA. We are blessed by God and immune from any trouble.

3607   Bap33   2010 Aug 22, 2:04pm  

I aint been up late enough for SNL since John Belushi and Eddie Murphy where regulars.

3608   mikey   2010 Aug 22, 3:33pm  

Well bless my sole, Ellie, I thought I otter tackle the subject. You know, I'm kind of better than James Bond. I have a license to krill. And my rod is for reel, too, and that''s not a line.

3609   SFace   2010 Aug 22, 3:42pm  

Nomo, it's better to sell cheap lobster than dead lobster.

The biggest benefit to the recession thus far is travel and vacation. In 2006, Maui was cramped, service was lousy, lines were long, restaurants was chaotic, beaches were not private, even in five star property, tee time were for VIPS. Not much of a vacation.

Fast forward to October 2009, Maui is quiet, pools and beaches are quiet, restaurants are romantic, the town does not feel touristy, service level kicked up two notches, and good tee times are plenty. Never enjoyed travel more. We booked this October to take advantage while if lasts and plan to book as many as possible.

3610   simchaland   2010 Aug 22, 3:47pm  

Yeah, this is the year that the term "staycation" has entered our dictionaries in the US. I'm going to have a staycation during the first week of September. It's Rosh HaShanah. It's my brother's birthday. My Mom needs me because she's undergoing some serious medical testing and will need someone to be present for her. I have Jury Duty in the middle of the week. And I'm going to the periodontist because of a "pocket" they found on my gum where my gold crown is...

Beyond that, I'm going to try to do something fun I haven't done before here in the area. There are plenty of places I can play "tourist" in the area. I like staycations. They're much cheaper and sometimes less hassle than having to go to the darn airport, deal with hotels, rental cars, etc.

3611   simchaland   2010 Aug 22, 3:51pm  

mikey says

“Fascism should more properly be called corporatism because it is the

merger of state and corporate power.” - Benito Mussolini.

But when he was in charge, the trains ran on time! ;)

3612   nope   2010 Aug 22, 5:33pm  

Bap33 says

The point made by this thread (in my humble opinion) is that funny people that clowned Bush are now clowning Lord Barry.

Only they're not, because the attributions on all but one of these jokes is a lie (The Conan one is real, and, unsurprisingly, it's the only actually funny one on the list)

You can tell the origins come from clueless right wingers because every single joke is being attributed to a late night comedian, generally Jay Leno, but nobody under 50 actually watches these people.

It's the same sort of idiocy that for some reason thinks that Obama voters like Rosie O'Donnel.

These jokes aren't unfunny because they're directed at obama by the way -- they're just unfunny. It's the kind of humor that you find in one of those idiot parody movies by Freidberg and Seltzer, or maybe a Dane Cook standup special.

Here are a few primers on humor that's actually funny:

1. The joke should be funny because it's actually true, and probably a slight exaggeration of the truth.
2. Simply saying something mean is not funny.
3. Things that are on people's minds due to similarities between people, recent events, or highly visible rumors can also be funny.
4. Things that happened long ago are rarely funny, unless you came up with something really unique.

So, making a joke about Obama's citizenship can be funny. Making a joke about the Republicans being in the closet can be funny. Making fun of John Boehner's skin color can be funny.

Saying how you'd like someone to die, leave office, or that you just hate them isn't funny, it's just stupid angry ranting. Making fun of Bill Clinton's infidelity WAS funny, 10 years ago, but there really aren't any new jokes to tell there.

3613   Paralithodes   2010 Aug 22, 10:27pm  

elliemae says

Obsessed with Elliemae says

Funny how that works... In nearly every thread initiated by Ray that I have visited (a small sample to be sure), elliemae is one of the early respondents, and most often initiates some type of lightly-worded personal attack. In this thread alone, elliemae baits Ray with off-topic, personal comments until she gets to the point in the exchange where can then accuse Ray of personal attacks. Perhaps Ray also responds to every thread that elliemae initiates in a similar manner, but if one only reviewed Ray's threads, the question of who is really obsessed with whom gets quite muddied... Is Ray obsessed with elliemae? Is elliemae obsessed with Ray? Or is elliemae obsessed with elliemae? Or a little of all of them?

3614   Paralithodes   2010 Aug 22, 10:35pm  

tatupu70 says

AdHominem says


Exactly, if the owner derives more pleasure from letting his land sit he will do so. That is exactly what I said. The owner will do with his land what he considers best for him. ( the good news being that most people desire profit from their investments) I trust the majority of individuals to maximize productivity on their own property more than I trust Washinton DC to maximize productivity, were the gummint to dictate land use from the top down.

The problem occurs when everyone decides to sell their farmland for condos over a relatively short timeperiod and we’re left with not enough corn, beans and wheat to feed our population. Each farmer was maximizing his profit, but the effect on society was catastrophic.

Has this actually happened? Is our population lacking in corn, beans, or wheat, or have prices raised so substantially that people cannot afford these things? Wouldn't the increasing prices prompt others to get into the farming business?

3615   tatupu70   2010 Aug 23, 12:06am  

Paralithodes says

Has this actually happened? Is our population lacking in corn, beans, or wheat, or have prices raised so substantially that people cannot afford these things? Wouldn’t the increasing prices prompt others to get into the farming business?

I'm assuming these are rhetorical questions, but I'll answer them anyway.

1--Not that I'm aware of. As our government continues to subsidize farming, I wouldn't expect it to.
2--There have been occasions where one or more of the main staples have been scarce and become more expensive, but in general, no.
3--I would expect that increasing prices would eventually cause others to get into the farming business. But, I would expect that it would take some period of time to convert land back to farming.

3616   Done!   2010 Aug 23, 12:32am  

Wait a minute Mikey posts something, and every one but Mikey are doing spin control, and knows which one is attributed and which is not. I'm confused, did Mikey lift this from somewhere, and you folks knows exactly where of you speak. Or are you all just that big of spin bag tools?

And how do you know these weren't attributed as to how Mikey presented them?

3617   mikey   2010 Aug 23, 12:39am  

It sounds lifted to me, Teno. If Mikey manufactured it there would be puns involved. Elementary, is it not?

3618   theoakman   2010 Aug 23, 12:49am  

Here's an artist's impression of Obama's windows desktop.

3619   anonymous   2010 Aug 23, 12:55am  

wow, never would have thought Bama reads zerohedge
3620   Bap33   2010 Aug 23, 1:24am  

ToT does make a good point. A punless post indicates a copy-paste. Much like when I post somethoing that is spelled correctly and wrote intelligently, there is probably a bit of borrowing involved.

Kevin,
I agree 100% that all good humor has a base in truth, and great humor requires some thought. I like Mark Twain humor more than Adam Sandler humor. But, Sandler's "medium pace"(nasty) and "hanaka"(sp)(cute) make me laugh. You?

I think ""Q: Have you heard about McDonald’s’ new Obama Value Meal?

A: Order anything you like and the guy behind you has to pay for it.

–Conan O’Brien"" is a stab at Bush, if you read it a little different ... and still pretty funny. Not as funny as the Michael Jackson burger from McD's, but still funny.

3621   zzyzzx   2010 Aug 23, 3:05am  

I still like Obama. He’s definitely got a hard job cleaning up the wreckage of the Bush years.

Problem with that statement is that we still haven't cleaned up the wreckage from the Carter years.

3622   Done!   2010 Aug 23, 4:06am  

Deomcrats love to inject.
In the link Patrick has a link today
http://www.irvinehousingblog.com/blog/comments/government-robs-working-renters-to-subsidize-unemployed-homedebtors/?source=patrick.net#blogtitle

The guy that wrote the blog has a Rockwelian picture where he alternates between
Republican figures and Democrat figures.

Instead of looking at the people he depicts for face value based on thier track record.
He goes on to inject scary left talking points above their heads of things they never said.

Then for Obama, of course it's everybody's fault, he has bubble over his head where he just blames his advisers, and the party of no.

You people are classic.
And where did my shout out to John Stewart go?

3623   marcus   2010 Aug 23, 4:12am  

zzyzzx says

we still haven’t cleaned up the wreckage from the Carter years.

Why not invoke the evils of Johnson or FDR ? ( ra ra sis boom bah,.......gooooo republicans)

3624   marcus   2010 Aug 23, 4:16am  

Or maybe your point was the same as mine, that going way way back to Bush is silly. If that is the case, then you don't understand the magnitude of what Bush left us.

3625   elliemae   2010 Aug 23, 10:39pm  

Well, the articles prove it. This isn't because of the oil slick. IMHO, it's because of the fish media. They've scared the other fish into changing their scales, the equivalent of changing political parties to save the country.

Maybe they could vote oxygen back into the water?

3626   elliemae   2010 Aug 23, 10:47pm  

Paralithodes says

Or is elliemae obsessed with elliemae?

Oh, yea. Every morning I look in the mirror and tell myself, "I deserve good things. I am entitled to my share of happiness. I refuse to beat myself up. I am attractive person. I am fun to be with. Because I'm good enough... I'm smart enough.. and, doggonit, people like me!"

3627   elliemae   2010 Aug 23, 11:06pm  

Bap33 says

I aint been up late enough for SNL since John Belushi and Eddie Murphy where regulars.

It hasn't been worth staying up for, I don't have a clue how it's remained on the air this long. The edginess is long gone. But this is worth a listen... I wish I had the video too. I know it's available on bearshare...

http://iheartjimmy.wordpress.com/2010/03/17/happy-st-patricks-day/

3628   RayAmerica   2010 Aug 25, 3:21am  

Paralithodes says

Funny how that works… In nearly every thread initiated by Ray that I have visited (a small sample to be sure), elliemae is one of the early respondents, and most often initiates some type of lightly-worded personal attack. In this thread alone, elliemae baits Ray with off-topic, personal comments until she gets to the point in the exchange where can then accuse Ray of personal attacks. Perhaps Ray also responds to every thread that elliemae initiates in a similar manner, but if one only reviewed Ray’s threads, the question of who is really obsessed with whom gets quite muddied… Is Ray obsessed with elliemae? Is elliemae obsessed with Ray? Or is elliemae obsessed with elliemae? Or a little of all of them?

Thanks for your honesty as displayed in your post. I agree with most of it, however, trust me, I'm not obsessed with anyone. I think you'll see a typical pattern in which I don't respond until I've been hit on about 3 or 4 times by the one that seems "obsessed" with me.

3629   simchaland   2010 Aug 25, 6:38am  

Rayray and Elliemae sittin' in a tree. K-I-S-S-I-N-G. First comes love. Then comes marriage...

I feel like we are suddenly on a Grammar School playground.

3630   RayAmerica   2010 Aug 25, 7:00am  

I think ellie is beyond Grammar School, don't you? But then again .....

3631   cloud13   2010 Aug 26, 7:34am  

while (House Price > sane value)
{
wait ();
read forums on patrick;
enjoy your value
}

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