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2005 Apr 11, 5:00pm   199,269 views  117,730 comments

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46043   Y   2014 May 5, 3:04pm  

Every driver should set up a nest in their backseat, complete with cokes, tunes, tarps, and audio/video surveillance equipment.
Take the muthafuckas OUT and SKATE!!!

46044   clambo   2014 May 5, 4:19pm  

It's not a good thing that there are so many people out of the workforce.
102 million not working, 118 million working. What could possibly go wrong?

People who don't work cannot save. People who don't work cannot buy much so they have a lower standard of living. People who don't work of course do not produce anything.

Zerohedge is OK, they are observers of the financial experiment since 2007. They may worry too much or not enough, time will tell.

46045   HydroCabron   2014 May 5, 11:03pm  

i want every unaccountable retard thug cop replaced by an unaccountable unemployed Soldier of Fortune subscriber.

A well-regulated militia is one with no authority structure, training or accountability. Fathers are reviled and hated figures, which is why all corporate structures, and the military, are run on an anarchical, anything-goes model, with no lines of authority.

46046   rdm   2014 May 6, 3:04am  

Straw Man says

Quigley says

2) setting up a checkpoint isn't illegal, I think.

It absolutely is.

Apparently its only illegal if you believe its illegal. Bundy doesn’t believe in any authority beyond the county sheriff. That is why he feels he has the right to run his cattle on public land and not pay grazing fees, to him federal law does not exist, In fact he doesn’t believe that the United States of America exists. I don’t know about the moron militia that came to defend his right to over-graze land he doesn’t own.

The best way to handle this probably is to wait until it reaches 120 degrees every day and see how many are left. I suspect most will bail during the lovely Nevada summer weather. Or maybe they have jobs they do unlike the negros Bundy saw sitting on the stoops in Vegas. Eventually Bundy will have to sell the cattle they should then be seized and sold to pay some of his debt.

46047   mell   2014 May 6, 4:56am  

Past performance is mostly useless for future predictions IMO - that's why it is always different this time and never a better time to buy a house! Same goes for technical trading.

46048   FortWayne   2014 May 6, 6:27am  

CaptainShuddup says

I don't know why the Democrats just don't get someone like Anderson Cooper to interview them. One of them are bound to slip up and mention they don't like colored or gay folk. Then the Twitterverse will descend on them with a vengeance.

Those bullets are no match for a disparaging hash tag.

Liberals have different standard for their own. Obama made some racial remarks during his recent partying. Not a cricket was heard from liberals about it.

46049   ttsmyf   2014 May 6, 6:48am  

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 Tuesday, May 6, 2014 __ Level is 103.6

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 "ThePublic Be Suckered"
http://patrick.net/?p=1230886

46050   Y   2014 May 6, 8:52am  

I speed-read this and commented....

SoftShell says

Because he said something like an entire race would be happier as slaves or that his black wife shouldn't be seen hanging around white people?

There's only a double standard if both sides are equal. The sides are never equal.

without reading this above it...
SoftShell says

FortWayne says

Liberals have different standard for their own. Obama made some racial remarks during his recent partying. Not a cricket was heard from liberals about it.

I only had 13 seconds to work with...

46051   MAGA   2014 May 6, 11:14am  

I'm listening for AF.

jvolstad
Army Security Agency

46052   HydroCabron   2014 May 6, 11:24am  

Why should AF bother? His tastes are too mainstream.

How can the government blackmail anyone who watches loan-officer snuff porn, or buries realtors neck-deep in the yard - prior to mowing it - when everyone does it?

46053   Dan8267   2014 May 6, 12:40pm  

APOCALYPSEFUCKisShostikovitch says

Pump petabytes of disinformation about yourself and synthetic personalities that can be confused with you into every DB and media possible.

Why do you think I post to Patrick.net?

46054   Dan8267   2014 May 6, 12:45pm  

APOCALYPSEFUCKisShostikovitch says

The crushing flow of bullshit would render the NSA and its correspondents completely useless.

The NSA is already useless. They didn't stop 9/11, Benghazi, or any other terrorist attack. They didn't predict the slaughter in Syria or the Russian invasion of Crimea.

Sure, the NSA will say they prevented events that they can't tell you about, just like a 9-year-old boy will say that he did the homework, but can't show it to the teacher because it's top secret.

I suspect that half of the NSA are spying on corporations so they can make a quick buck on the stock market with insider information. After all, how could anyone possibly investigate or prosecute them?

The other half is probably hacking into smart phones, activating the cameras remotely, and watching underage boys and girls undress in their bedrooms.

46055   Automan Empire   2014 May 6, 12:54pm  

APOCALYPSEFUCKisShostikovitch says

Pump petabytes of disinformation about yourself ... into every DB and media possible.

Especially for those who have already piqued the spies' interest, I think that most spies can tell when information has been emplaced at a natural rate, or appeared suddenly by digital immaculate conception of sorts.

46056   MisdemeanorRebel   2014 May 6, 1:31pm  

APOCALYPSEFUCKisShostikovitch says

2) Pump petabytes of disinformation about yourself and synthetic personalities that can be confused with you into every DB and media possible.

This. Totally this.

I would be a Evangelical Christian Lesbian Alcoholic of Color.

Back when I had Tivo, it thought I was a gay nazi, because my wife would watch TLC's What not to Wear and I would watch "Secrets of WW2".

46057   Y   2014 May 6, 1:37pm  

When a small business owner is told "you didn't build that", they tend to fall into an "Ok, I don't get credit for building the business, fuck you I don't give a fuck anymore" state, and their business fails. And more businesses fail. Until there are no more jobs because there are no more businesses.

Now whose job is it to invigorate the business creation business, and the business people who are minding their own business building a business they can be proud of?

If the top dog in the land is telling you, despite your sacrifices of time, blood, sweat, tears, that you didn't build it.....

It's obama's fault.

46058   Indiana Jones   2014 May 6, 1:40pm  

They stopped loaning/funding/investing in small businesses when the recession hit. All bailout money as we know went to the TBTF banks and friends, and this left nothing for small businesses to fall back on when hard times hit.

Small businesses are owned by lower middle to upper middle class and these regular folks are being left in the dust.

46059   MisdemeanorRebel   2014 May 6, 1:43pm  

They let C.I.T. Group fail - a bank that specialized in lending small and medium concerns. But they bailed out the big financial companies.

They deregulate the feedlots and the megafarms, but regulate small farmers and homesteaders. In Michigan they are trying to ban all homestead farms in the name of "Sanitation" - "Houses and Cows don't Mix". Even one chicken is one chicken too many - never mind that all the bird flus and animal outbreaks have all happened on mega feedlots.

Banksters get bailouts. Big International Megacorps make double dutch-irish sandwiches and pay 2% in taxes.

But Charlie's Sporting Goods pays the max, can't get single digit interest rate despite decades of sterling credit during historically unprecedented low interest rates.

That's corporatism.

46060   Strategist   2014 May 6, 2:22pm  

Call it Crazy says

Strategist says

Zerohedge is just a propaganda web site, designed for the sole purpose of misinforming the public.

The data in the chart was puled from the BLS report... How would that be considered propaganda or misinformation??

If anyone is releasing misinformation, it might be the BLS...

Anything from Zerohedge is suspect. It has zero credibility.

46061   indigenous   2014 May 6, 2:25pm  

The bottom line is that a small business becomes a big business from investment. The correlation is investment money has dried up since 2007.

A secondary factor is the demographics have changed, the country is getting older at age 60 the only thing people buy is RVs and healthcare.

The brooking institute are lefties so this presents a challenge to them, but the facts are dead simple.

Some of the bigger companies expand and some shrink but the they are a wash for creating new jobs. The small companies are the marrow for producing new jobs.

You cannot overstate the importance of market clearing as this is the very catalyst for small business creation. Once again as the Captain said nascent business recovery comes in ways never considered in the past.

The government does not create real jobs period. But by paying over the market rate for government workers every dollar given to them is taken from the market and makes it that much harder for a business to compete. E.G. JB raises the sales tax rate by a mere 1 cent but that is roughly a 13% increase in tax on all commerce in the state. One example of many.

Not that it will change much in the next 15 yr or so until it more or less collapses.

46062   indigenous   2014 May 6, 3:43pm  

APOCALYPSEFUCKisShostikovitch says

Only ASSHOLES! run businesses.

That is certainly the party line...

46063   Homeboy   2014 May 6, 3:44pm  

People still shop at stores?

46064   BoomAndBustCycle   2014 May 6, 3:49pm  

I think this has more to do with Amazon running stores out of business.... Than the current economy.

46065   Ceffer   2014 May 6, 4:14pm  

Good NSA recruiting poster: We Have All The Best Porn!

46066   carrieon   2014 May 6, 8:11pm  

The total of both columns is 65 million short of the 315 million census?
Gee, I wonder who that 65 million could be?

46067   tatupu70   2014 May 6, 8:35pm  

indigenous says

The bottom line is that a small business becomes a big business from investment. The correlation is investment money has dried up since 2007.

Nope--that's not the bottom line. A small business becomes a big business by having lots of customers and making lots of profits.

No customers, no growth. And no reason to start new businesses. If we fixed the inequality problem, new businesses would start forming again.

46068   tatupu70   2014 May 6, 8:36pm  

indigenous says

You cannot overstate the importance of market clearing as this is the very catalyst for small business creation

And, as predicted, you continue to spew the market clearing BS even after I showed you how illogical that thesis is.... Lack of market clearing does nothing to prevent new business formation.

46069   Paralithodes   2014 May 6, 9:20pm  

tatupu70 says

Nope--that's not the bottom line. A small business becomes a big business by having lots of customers and making lots of profits.

No customers, no growth. And no reason to start new businesses. If we fixed the inequality problem, new businesses would start forming again.

Because according to Tat... There is literally LESS regulation on small business today than there was a decade, or decades ago. And... regulation in general does not impact any small business anyway.

46070   control point   2014 May 6, 9:40pm  

Paralithodes says

Because according to Tat... There is literally LESS regulation on small business today than there was a decade, or decades ago. And... regulation in general does not impact any small business anyway.

Regulations harm business by imposing additional costs, therefore lowering profit margins, would you agree?

46071   tatupu70   2014 May 6, 10:00pm  

Paralithodes says

Because according to Tat... There is literally LESS regulation on small business today than there was a decade, or decades ago. And... regulation in general does not impact any small business anyway.

Notwithstanding that's not what I said, is your hypothesis that regulation is what is preventing small business formation?

46072   Paralithodes   2014 May 6, 10:15pm  

tatupu70 says

Notwithstanding that's not what I said, is your hypothesis that regulation is what is preventing small business formation?

Notwithstanding that it is exactly what you argued, and you continued to maintain throughout the argument ... No, it is not my hypothesis that regulation is "what is" (i.e., THE cause) preventing small business formation. It is my hypothesis that regulation is a significant contributing factor. I assume (hope) you understand the nuance.

Is it your hypothesis that regulation is (a) not a factor at all or (b) only an insignificant factor? And on what do you base your hypothesis?

46073   control point   2014 May 6, 10:26pm  

Paralithodes says

It is my hypothesis that regulation is a significant contributing factor.

Why is it a significant contributing factor? What about "regulation" harms business?

46074   control point   2014 May 6, 10:32pm  

carrieon says

The total of both columns is 65 million short of the 315 million census?

Gee, I wonder who that 65 million could be?

Those under age 16.

46075   Paralithodes   2014 May 6, 10:56pm  

control point says

Why is it a significant contributing factor? What about "regulation" harms business?

I assume you mean "small business" and not just "business," and let's avoid getting caught up in more emotionally loaded terms like "harm." Regulation often serves as a barrier to entry for small business, or makes it more difficult for small businesses to compete due to the cost of compliance in terms of both time and money.

Sometimes the regulation is reasonable: For simple example, a state may require contractors get a license, and a prerequisite of the license is liability insurance. Whether one thinks this is reasonable or not, it is indisputable that it has raised the cost and created a barrier to entry for individuals who want to get into home improvement on their own. Maybe most of those it crowds out should never get started in the first place, and maybe the benefit is worth the cost of keeping out a handful of people who would otherwise do well for their customers. But it's beyond dispute that this creates a barrier, no matter how reasonable in this circumstance.

And other times, large corporations or unions are the very ones supporting regulation: A large global shipping company might be fully behind an environmental regulation not because they love the environment, but because they know they can easily absorb the cost of compliance while their smaller competitors cannot.... A union drive behind the licensing requirements of a particular trade or occupation that make it exceptionally difficult to get a license unless one gets them through the union... A banking finance law after the financial crisis that doesn't make TBTF's any less TBTF, but forces smaller banks who were not the root of the problem to close, consolidate, or get bought out by the TBTFs because of the cost of compliance, and of course under those conditions, who could start a bank? Even campaign finance reform ... a very small organization (e.g., Citizens United) is committing a felony if they put out a brochure or video criticizing a politician by name within X days of an election ... But if they happened to be big and wealthy enough to afford the compliance costs of a PAC, or if they are the media arm of a major non-media company, then no problem.

Thunderlips has more examples... These examples are all over the place. One can agree or disagree with whether specific regulations are useful, reasonable, worth the cost, etc., but one cannot reasonably argue that regulation in general does not impact small business formation and survival.

46076   tatupu70   2014 May 6, 11:02pm  

Paralithodes says

Is it your hypothesis that regulation is (a) not a factor at all or (b) only an insignificant factor? And on what do you base your hypothesis?

My hypothesis is that regulation is a small factor. I base that on the OP's assertion that small business formation has had a "steep drop" since 2006. I think business conditions are a much larger factor than regulations.

46077   Paralithodes   2014 May 6, 11:04pm  

control point says

Why is it a significant contributing factor? What about "regulation" harms business?

You can dismiss the link here because it is related to "Fox" but no matter ... There are articles about this very issue in this industry from other sources:

http://smallbusiness.foxbusiness.com/entrepreneurs/2014/03/24/entrepreneur-arrested-for-braiding-hair/

46078   Paralithodes   2014 May 6, 11:09pm  

tatupu70 says

My hypothesis is that regulation is a small factor. I base that on the OP's assertion that small business formation has had a "steep drop" since 2006. I think business conditions are a much larger factor than regulations.

Yes, we went through this before, too.... When you argued that there is less regulation and that new regulation doesn't impact smalll business. I asked you specifically: What about new (post 2006) regulations charging medical device manufacturers with an annual fee for each type of medical device that they sold, and how does this impact a small manufacturer with $100K revenue vs. GE, and you simply refused to answer (apparently real-world examples are just clever traps if they interfere with your theoretical word).... Just one more tiny example among a sea of them.

46079   Paralithodes   2014 May 6, 11:14pm  

tatupu70 says

And, as predicted, you continue to spew the market clearing BS even after I showed you how illogical that thesis is....

When did you "show" this? In another recent thread you responded to someone how you "explained" something many times in the past. I never see you "show" or "explain" anything. Repeating your argument time and again is simply not the same thing as showing or explaining something.

46080   tatupu70   2014 May 6, 11:15pm  

Paralithodes says

What about new (post 2006) regulations charging medical device manufacturers with an annual fee for each type of medical device that they sold, and how does this impact a small manufacturer with $100K revenue vs. GE, and you simply refused to answer (apparently real-world examples are just clever traps if they interfere with your theoretical word).... Just one more tiny example among a sea of them.

OK--let's do real world examples. Please provide details on the exact regulation to which you refer. When did it take effect? How are these fees implemeted?

46081   tatupu70   2014 May 6, 11:27pm  

Paralithodes says

When did you "show" this? In another recent thread you responded to someone how you "explained" something many times in the past. I never see you "show" or "explain" anything. Repeating your argument time and again is simply not the same thing as showing or explaining something.

Obviously you didn't read the thread to which I refer. It's not that complicated. If business were starved for capital and that is what is holding back new formation and growth, interest rates wouldn't be near all time lows.

46082   indigenous   2014 May 6, 11:45pm  

I put tat on ignore I can't stand anymore of his drivel.

The regulations are a harm in 3 ways one is the direct cost of the regulation, someone like osha (especially since they are self funded), then there is the cost of the money taken out of the market that would otherwise be spent in the market, 3rd is the onerous burden drives business out of the state. E.G. the only reason tesla is here is because they get subsidies for being here their battery factory however is going to be built out of state. Maybe in the same state Toyota moved to from Calif.

But the main problem is investment, there hasn't been any since the crash.

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