you go girl!

justaskin wrote:

you go girl!

i thank you

Don't think we helped with Q1 GDP.
Freash & Easy store is closing, everything 1/2 off. We made a great haul.

curious wrote:

Are we estimating the first estimate of Q4 GDP

I think we're revising the forecast of the advance estimate of Q4 GDP, in a proactive, going forward basis.

This belongs on the last thread for dryfly re Mexico....Wash Post has piece on security contractors looking to Mexico for business as things in Iraq and Afghanistan wind down...

Security contractors see opportunities, and limits, in Mexico - The Washington Post

sweet. boom times are back!

curious wrote:

Are we estimating the first estimate of Q4 GDP or the last estimate?

We are estimating the first estimate based on a consensus of almost always wrong economists.

More evidence of hyperinflation.
UPDATE 1-Japan prices fall, mild deflation to persist
| Reuters

The so-called core-core inflation index, which excludes food and energy prices and is similar to the core index used in the United States, fell 1.1 percent in the year to December, data showed on Friday.

lawyerliz wrote:

Are they gonna work for the govt or the gangs?

Zetas need help with their infrastructure build-out.

REBear wrote:

Shouldn't they be building new homes in places where existing home inventory is comparatively less?

Come now, Bear, there's no place for rational suppositions. We should build many more houses where too many have already been built because that's where the "demand" is.

Does a trade surplus make deflation more likely ?

fried wrote:

Security contractors see opportunities, and limits, in Mexico - The Washington Post

Making it even less safe for unescorted Americans to visit - now targets for retaliation. Great.

sporkfed wrote:

Does a trade surplus make deflation more likely ?

I believe they lost their surplus, at least temporarily, due to some unusual economic weather.

Outsider wrote:

He was the founder of the Lovin Spoonful too.

What happened to all the rock and roll dulcimer players?

YouTube - LOVIN SPOONFUL "Do You Believe In Magic" on The Ed Sullivan Show

sporkfed wrote:

Does a trade surplus make deflation more likely ?

With an even higher savings rate much of it carry trade and it is a certainty.

GDP Report
At 3% this would be the fastest growth rate since Q2 2010

hoooo weeee now you're talkin'

i was curious if it was still going and i guess it is

Soldier of Fortune Magazine

I guess there will be some jobs for our vets.

YouTube - Barney Miller Intro

Low IQ & Conservative Beliefs Linked to Prejudice - Yahoo! News

The headline is a bit of a misnomer. The article itself is quite interesting.

Numbers. DQ news shows the median price up 20% YoY for Sebastopol in December. I know what sold here and when I correct for quality I see sales prices down between 7-8% YoY. That's a judgement call, but I did see all the homes that sold in Decmber last year and the majority of those that sold in December 2010. We aren't done in the midrange ( ($500k-$900k) here and not even close on the low end. One of a kind properties are a different kettle of fish.

poic wrote:

Low IQ & Conservative Beliefs Linked to Prejudice

My parents always told us, when we were kids, prejudice is due to ingnorance.
Once you know people and learn their ways, they aren't any different in the ways that matter.

comrade mike wrote:

Another bama company goes undet

That's what happens when the Pres makes gas prices go down.

From the link...

At the Ener1 plant, Biden made a gaffe, mistakenly referring to Ener1—as Enron1

I would so love to go drinking with Biden and Bush.

.

RATM wrote on Thu, 1/26/2012 - 7:39 pm
So if the fairy tale bullshit GDP comes in at 3% quarterly GDP annualized, then "growth" for 2011 was about 1.62%. Fantastic.

1/6th the increase in the debt.

Notice they stuck Biden in NH AFTER the primaries were over here.

sdtfs wrote:

Yep, they're all disgusting. Vermin on the face of the earth, really.

Only the men.
We women are perfect.

We women are perfect.

Once again josap, you speak the wisdom of the ages.

Everything you say is true, especially this.

vtcodger wrote:

Are they gonna work for the govt or the gangs?

Twice the profits if they work for both

There's a difference?

Notice how all the guys got quiet?

There's a difference?

One side has strict rules about Internet porn.

Rob Dawg wrote:

One side has strict rules about Internet porn.

which side?

Blackhalo wrote:

I don't think we are in recession land as long as that holds up.

Maybe production is declining, or it's getting more expensive to extract, or their is greater demand from the 7 billion people in the world.

josap wrote:

Notice how all the guys got quiet?

We hang our heads in shame . . . .

RATM wrote:

Maybe production is declining, or it's getting more expensive to extract, or their is greater demand from the 7 billion people in the world.

Short answer - yes.

If oil price increases caused overall economic booms Jimmy Carter's sweater would be carved into Mt Rushmore.

"josap wrote on Thu, 1/26/2012 - 7:47 pm
reply
Notice how all the guys got quiet? "

Sorry, I couldn't hear you through the hair in my ears.

DCRogers wrote:

In the absence of any debt, this would be a good thing, right?

The Japanese have no debt.

They own $1T of US treasuries, for one.

They do owe something around 300% of GDP to themselves, but that is neither here nor there really.

poic wrote:

Low IQ & Conservative Beliefs Linked to Prejudice - Yahoo! News

hm. an article making generalizations about how people who generalize are stupid. interesting.

Mom lets you west coasters stay up later.

I'll never get up for coffee klatch with Barley at this rate.

Comrade Troyski wrote:

They do owe something around 300% of GDP to themselves, but that is neither here nor there really.

yeah, cheney was right. deficits (debt) don't matter.

So was there a winner in the de-bates?

Or was it boring without Perry and Michelle?

YouTube - Matlock Intro

dryfly wrote:

So was there a winner in the de-bates?

Ron Paul still has a chance.
The 2 top contenders are going to knock each other out.

DCRogers wrote:

I believe they lost their surplus, at least temporarily, due to some unusual economic weather.

total current accounts deficit for 2011 was $20B, about three weeks of our capital outflow.

$20B is a stupendously small deficit considering the immense shocks the Japanese economy suffered, both directly and indirectly via the Thai flooding (which looked just as bad as the Fukushima problem, economy-wise).

well, one is certainly SCARIER than the other and probably take a lot more courage!

edit: "hi there mr cartel boss, coochie, coochie, cooo...."

I'm gonna STFU now before I have to break out the second season of Knots Landing or the third season of Vegas intros.

-Chuck Norris has nothing on that guy who played in that series which was a huge hit and got a battery deal out of itl.

Looks like was speaking today.

poic wrote:

was speaking today

and what did it have to say?

josap wrote:

Freash & Easy store is closing, everything 1/2 off.

Which location?

Comrade Kristina wrote:

Fools, they've no idea the shitstorm they are unleashing...

yeah, i mean. boo on them! we'll show them with a veritable shitstorm of bad mouthing in blog comments.

"you bastards!"

that'll show em.

josap wrote:

7th St & Bell

Interesting... closing 12 but planning on opening 25 later... plus retaining the leases on the 12 for when the economy improves. Oh well.

Indeed, we shall.

Comrade Kristina wrote:

Indeed, we shall.

don't get me wrong, i'm all for seeing a defense mounted. i'm just very jaded and don't think people will do a damned thing.

g'nite for real.

keep at em, ck.

NN RockyR and no other choice now

mp wrote:

So, the question is: What is the lag? We think no more than three months, which would mean that the US will again be looking at a recession at the end of Q1. The correlation between the US and the EC is high; GDP growth rates correlate at .91.

And with gridlock in Washington damned little likelihood of a stick save stimulus bill.

Just a question of when it grinds to a halt.

YouTube - CHRIS BRAUN BAND Both Sides 8 Things For You And Me 9 April Fool

shill wrote:

Romney Failed to Disclose Swiss Bank Account Income

If he really had a Swiss account and didn't fix it like the Bush's fixer Baker would have fixed it [made it and all evidence of it go away] then he's too dumb to be President. Or too poorly connected to the 'right' people.

josap wrote:

DCRogers wrote:
Better they self-deport than hang out here.
Until they start training troops.
Or recuiting.

Seems more likely that they will work for the wingnut party here - manly brown shirts, and all. Money is speech, so they can't be restricted and every manly person (including females) has a right to keep and bear arms. I love banners and torchlight parades and goon justice.

If Romney wanted to be president, he should have consolidated all of his accounts into Vanguard two years ago. Idiot.

qe is worthless

mp wrote:

Personally, I think they've got Europe in the back of their minds with this new round of QE they're talking about

Prolly.

Lawmakers advance bill to fine sports teams for not housing the homeless | Naked Politics

dr munch wrote:

If Romney wanted to be president, he should have consolidated all of his accounts into Vanguard two years ago. Idiot.

He has been running for like eight years - he should have done all that a decade ago.

Besides - Pimco would have been even better. Good friends to have.

dryfly wrote:

He has been running for like eight years - he should have done all that a decade ago.
Besides - Pimco would have been even better. Good friends to have.

It shows what kind of people we are truly dealing with and what little regard they have for anything the common person might consider the province of a lawful citizen. The concentration of power-hungry sociopaths, each a law unto himself.

ResistanceIsFeudal wrote:

The concentration of power-hungry sociopaths, each a law unto himself.

How else could we assemble a Congress?

dryfly wrote:

He has been running for like eight years - he should have done all that a decade ago.

Maybe he knows his base better than you folks. Those who vote for him may not care where he keeps his money.

josap wrote:

so he doesn't come on our shores?

All that debt... washing ashore to the land of no debt... terrible situation.

Wolf was hittin' on the age discrimination card during the debate.

josap wrote:

How do those people think they are his base? I am missing something

Yes - the power of political technicians.

creditcriminalslovetarp wrote:

see Trump tv show for clues..

Can't, don't have a TV.
Haven't had one for most of my adult life.

josap wrote:

Can't, don't have a TV.
Haven't had one for most of my adult life.

How do you watch curling?

well, all your missing is Jeopardy..

I was getting at why would anyone want to be that guy either....

An old Cherokee told his grandson, "My son, there's a battle between two wolves inside us all. One is evil. It is anger, greed, resentment, inferiority, lies and ego .The other is good. It's joy, peace, love, hope, humility, kindness, empathy, and truth." The grandson thought about it and asked his grandfather, "Which wolf wins?" The old Cherokee simply replied, "The one you feed."

take this site out and put it out of its misery...
YouTube - Breaking Bad - the Florida Debate: Mitt Hits back Hard against Newt's accusations. Repulsive he sez!
...
or this
YouTube - Breaking Bad's Psycho Meth Mex Cowboy Tuco Salamanca says: "Tight! Tight! Tight!"
...
Wow, don't overwhelm me y'all... 2 lousy hits. hell, I could toss it on ZH and get an easy 100 but why would I do that?
...
granted it ain't Welles or even Ed Wood for that matter...

Bruce Krasting: Bernanke Goes All In

Are people allowed to vote if they don't own a TV?

How will you know what beer to buy?

dryfly wrote:

How will you know what beer to buy?

Bub Lite what else?

albrt wrote:
>
I need a **badly! breaking badly! **

Older consumers pile on new debt - The Globe and Mail

Oh yeah ... we're fucked.

YouTube - The Fall - "What about us?"
YouTube - The Fall - Fist Full Of Credit

BioEdge: Is pregnancy unethical? Yes, says UK bioethicist

ugg

tg wrote:

BioEdge: Is pregnancy unethical? Yes, says UK bioethicist

From the link ...

Dr Smajdor believes that in a truly liberal society pregnancy and childbirth should not be tolerated:

Heh

kratovil1- hosted a party,say at mcsorleys or the plaza would you

kratovil1 - you men i have to serve taro and pig?

No, just a bad joke on "It's a trap, big brother wants to meet you".

Awful quiet around here... too quiet.

exactly too quiet, going sleep before my idiocy level comes critical;still think a get together is in order: kauai and Molokai are out. perhaps the best way is just to do it, promise free booze and muzzles, name a place. might do it

kratovil1 wrote:

duke, if i visited nyc, and hosted a party,say at mcsorleys or the plaza would you and one currency show?

would clark kent and superman show?

Mr Romney said: "If I had a business executive come to me and say I want to spend a few hundred billion dollars to put a colony on the moon, I'd say, 'you're fired'."

I suppose that money is better spent on saving bankster bonuses and wars of imperial folly.
~splat

Weeping Willow wrote:

I mean, it's an ok topic and all, but shouldn't we be talking about the newly developing crisis in Greece?

Greek crisis fatigue is setting in
~splat

Weeping Willow wrote:

Mr Romney said: "If I was Queen in 1492 and some Italian pissant came to me and said he wanted three small sailing ships to go explore the other side of the ocean, I'd have turned him over to Torquemada."

Dunno, mate.

Romney scares me - maybe it's just the way he projects - but goddam if he isn't one of the most "constructed" people I've ever seen.

And that's even in comparison to Newt's lastest wife.

Swan song: YouTube - Breaking Bad for Newt: Relax says Mitt, Not Worth Getting Angry About Rick!
now, how about that drink pardner?

Here's a nice take on why JGB shorts get hauled out in body bags year after year.

Japan CDS show bonds not pricing in fiscal risk
| Reuters

The industry is heavily domestic focused, funded, overseen, even dominated. This is as much a structural and cultural matter as an access or protectionist issue. The sheer weight of domestic funding squashes yields; it's non-rational, nativist, and a bit like the financial equivalent of Japanese industrial culture, keeping the fleet in formation, the wagons all linked up, whatever the metaphor of the cycle might be. Pension cash stays home, by and large. The CDS market is more internationalized, so doesn't get the 'local discount'. Will they converge? Sure, it's possible. Could be trade of the decade. Could lose you an arm and a leg.

C

Okay, it's Breitbart, and I picked it from Drudge. I could not resist, it's my nature.

Maybe some one here could help the FBI open an account at the various social media sites.

Social media is over. Stick a fork in it.

FBI seeking social media monitoring tool

late nite...
YouTube - Guru Guru - Oxymoron
YouTube - Can - Don't Say No

I could weep, I just wrote and lost a long comment about a terrific article the New York Times ran about Japan on January 6 which refutes conventional wisdom of how poorly Japan is doing. The Japanese are doing just fine. I had comments about particular parts of it and a conclusion that we in the US needed to stop treating "the economy" as a Royal Person for whom we had to do beneficial things and to whom we had to submit and at least imagine that "the economy's" welfare was different from and antagonistic to the welfare of a nation's citizens. Oh well. The article really lays into US economists for their laziness in repeating one theme over and over.

is there a reward being offered?

NYTimes has been on fire lately. Superb article about China's use of near slave labor to make Apple products last weekend. Today, a devastation of Newt Gingrich by Tim Egan. Krugman takes the Republican SOTU response apart. Well, the Tom Friedman article telling us we all have to become uber-men and women was an exception.

Try Lazarus form saver.

Margaritaville (Season 13, Episode 3) - Full Episode Player - South Park Studios
[The "economy" as a being]

Morning

josap wrote:

Capital is put at risk, so some share of profit pays back investment and risk.

Yes, that's true. But think of the biggest start-up of our time - the internet - a government enterprise seized and developed first by ordinary people writing about Star Trek or Greek history for no return and the like (well, actually about pornography, but leaving that aside ...) The agony of capitalists is how to take it back and charge people for what they've been producing and reading for very little. Someone could write an excellent review piece on this furious and long term effort to monetize what has been freely available.

josap wrote:

The basic thought is labors share of profits. As a company does well, labor does well. If a company has no profit why are they in business?

assuming you weren't asking rhetorically, and not begging the question

labor is the only dependable asset any of us own outright

we trade that, physical as well as intellectual, for stuff we need

the company, OTOH, IMNTBHO, exists to separate the last ounce of your assets from you in exchange for the least possible amount of money (for stuff you need)

this usually expressed in the contractual terms to their benefit, but it all boils down to a simple thing

Like Christianity is a simple thing, like the way the only three things that matter in life are money, sex, and violence; not necessarily in that order, their contract terms each and every time can be reduced to a simmering glaze: more, better, faster, for less money.

True, and I do pay directly for certain things I want, such as a special streaming music service, and several subscriptions. I am referring to the overall effort to somehow impose a fee on the whole enterprise. So much of what is up there is a labor of love and just an unbelievable expansion of knowlege - e.g. xeno-canto, the website that catalogues and allows you to download bird songs and calls from around the world. I am awed and humbled by these efforts.

volker the viking wrote:

the only three things that matter in life

family, food, hot running water.

josap wrote:

And that is the problem.

it is what it is

the only solution I found, the one that was right for me and led to a satisfying existence was self employment

Pretty much the best way to go, skating or sailing along just under the radar with all the benefits from a Byzantine tax system.

Otherwise, you're somebody's bitch.

yer just a bit too interested

Time is the one thing that should continually go up in value.

sporkfed wrote:

Time is the one thing that should continually go up in value.

I'm taking this for my motto for the day. I already blew off my treadmill time to do posting on HCN. I will try to keep repeating your sentence to myself today.

sporkfed wrote:

Time is the one thing that should continually go up in value.

In many ways it does, time give a person experiance. The experiances give better judgement, better understanding, ways to accomplish things faster/cheaper/easier. Those abilities are traded for increased wages over time if the value is wages for time. The odd part is spending the same amount of time at that point, the time is no longer needed.

It doesn't work for a retail store cashier position. The requirement to be at a place doing a thing limits the trade off. However a good cashier handles customers very well and those customers will return, increasing sales. That is value as well.

volker the viking wrote:

and why would I when the next bracket plus the FICA etc state income etc etc

Exactly why after I built my company to a point I was paying a tax amount I could live well on - I down sized it by alot. Loved building it, hated running it and was really shocked when I figured out the more I earned the less I would personally benefit.

Never married well. For most of my life I have been my primary suport, often the main / only income in the household.

Shouldn't an economy be judged on the amount of time it takes to meet basic needs of it's
participants, versus the output of it's manufacturing and service sectors ?

Yup HCN acting up this am. A prelude?

I don't know why some hcn's are acting up and others aren't.

kcoop, is there a problem in chrome? I'm going to switch to IE and see if that helps.

FF here having problems too and yeah, I cleared cache and all that stuff.

Looks like a problem.

Well an economy that meets the basic needs of. It's participants with an hour.of labor per day versus two hours would provide more leisure time
for the participants to pursue whatever they wanted in the way of work or play.

OK, I notified Ken since this appears to be across all the browsers and something internal to hcn.

something internal to hcn

or

a consequence of Google's new privacy policy?

:tinfoilhat:

Unemployment in Spain Rises to 15-Year High of 22.9% - Bloomberg

Spain’s unemployment rate rose to 22.9 percent, the highest in 15 years, increasing pressure on Prime Minister Mariano Rajoy to deliver on his election pledge to create jobs in a shrinking economy.

The unemployment rate rose in the fourth quarter from 21.5 percent in the previous three months, the National Statistics Institute in Madrid said today. That’s more than twice the euro- region average and exceeds the median estimate of 22.2 percent in a Bloomberg survey of seven analysts.

Greece is just a preview isn't it Rajesh? Portugal and Spain are scary! I honestly can't see what is going to help them since the only prescription thus far is more austerity. Will the IMF and ECB be satisfied when their unemployment rate reaches 50% and people are dropping dead in the streets?

Will the IMF and ECB be satisfied when their unemployment rate reaches 50% and people are dropping dead in the streets?

Yes yes they will..In the IMF and ECB's eyes most are just lackeys and expandable. Kind of like the way our Government feels about us.

Oh wait were terrorists...my bad.

Spanish jobless rate now almost 23% - RT… News

A European recovery is right around the corner.

BDIY: BALTIC DRY INDEX Summary - Bloomberg 

BDI continues its downward trend I see...

Nanoo-nanoo wrote:

I honestly can't see what is going to help them

A lower value for the Euro makes Spain and Italy more competitive. But the Germans are opposed to that because it would fix the crisis and then they wouldn't be able to use it to complete the conquest of Europe.

jubilee

YouTube - breaking furniture

Rajesh wrote:

A lower value for the Euro makes Spain and Italy more competitive.

Then Ben forces the dollar down and we enter the circular firing squad. So it really isn't a solution. Each country wants to export more and import less - doesn't work. Countries say internal demand should be increased, while austerity marches on - doesn't work. Unemployment is a problem because we need people to spend more of what they don't earn, using debt to stuff more money into the system to cause more stuff to be made to need to hire more people to spend more to ...... - doesn't work.

So what the hell do we do now?

Spanish jobless rate now almost 23% - RT… News

Here's Krugman writing in the New York Times today on American job creation:

[Mr.(Mitch) Daniels first berated the president for his “constant disparagement of people in business,” which happens to be a complete fabrication. Mr. Obama has never done anything of the sort. He went on: “The late Steve Jobs — what a fitting name he had — created more of them than all those stimulus dollars the president borrowed and blew.”

"....A big report in The Times last Sunday laid out the facts. Although Apple is now America’s biggest U.S. corporation as measured by market value, it employs only 43,000 people in the United States, a tenth as many as General Motors employed when it was the largest American firm...

Apple does, however, indirectly employ around 700,000 people in its various suppliers. Unfortunately, almost none of those people are in America....

Why does Apple manufacture abroad, and especially in China...?]

volker the viking wrote:

didn't have to go to church to learn that this is Mosaic Law

I have never lent anyone any money. I have given money to people that they at times have returned to me. Once the cash leaves my hands it is gone in my mind with no expectation to ever see it again. Much less stressfull that way and I still have all my friends.

The Massive Debt Bomb: $7,600,000,000,000 Dollars Of Debt Must Be Rolled Over In 2012 (NYSEArca:TZA, NYSEArca:SDS, NYSEArca:SPXU, NYSEArca:SH, NYSEArca:EWZ, NYSEArca:UUP, NYSEArca:UDN, NYSEArca:RSX) | ETF DAILY NEWS

You misunderstand my post. I'm talking about measuring the efficiency of an economy. If it takes me 1 hour a day to provide my basic needs
versus 2 hours a day, isn't the economy much more efficient ?

shill

Me needie my :inhaler:

OH, never mind, its only money, right?

Cocaine Shipment Found At United Nations In Fake Diplomatic Pouch | Fox News

Also, the UN announced today that this weekend's party to celebrate the latest rumor that Europe is saved has been cancelled.

BarleyReturns wrote:

Investors: The $1 Billion Armageddon Trade Placed Against The United States

Damn.

Glad I locked in 30 years at 3.85 now.

BSR, it is and a couple of us have emails in to kcoop to read during his morning

Anyway, WOW is right about the bet against the US:

You only do this if you see an edge.

This means someone is confident that the United States is either going to default or is going to lose its AAA rating. That someone is willing to bet the proverbial farm that U.S. interest rates will be going up.

Okay - which hcn'er is responsible?

(Eric, I'm looking at you)

(altho in all fairness, it could have been mp)

Jon and Colbert keep me sane.

I'd love to get the demographics on their shows because I'm betting it isn't primarily 'youth' watching them. Then I'd like to compare them with MSM 'news'. ha.

Here's one clue for kcoop. If I logout, the format looks correct. When I login, the sidebar disappears and the bottom of the page disappears, i.e. it ends with the last comment.

Hopefully not.

Curious, do you use IE? Because I think that happened when I shifted to IE this morning, but in chrome I have a comment box at least at the bottom of the thread.

Yes HCN is messed up, when I logged in my message boxed looked like this

https://encrypted-tbn3.google.com/images?q=tbn:ANd9GcQQoMdV3wAf0U8ZpFgGvYRUXGVK4EzvQJfb0qFFcsrmBRbQt-mZ

Barley, you take the "new" out of news with an article from July 2011. That trade likely covered last October.

D'oh! (check the date, outsider. Always check the date)

Does that mean someone lost a bundle?

Glad to know even the big boys have issues with timing.

Safari has no sidebar.

Employees at Monster Worldwide will have to learn how the posting system works, layoffs coming:

Monster layoff: 400 cut at job board company - Boston Business Journal 

shill, where DO you get all your good photo links from.

Outsider: Does that mean someone lost a bundle?

Think about losing that much money on a slot machine pull.
And what else that amount of money could have done to some benefit.

WASS