Kansas City Fed: Manufacturing activity rebounded moderately in July
Submitted by
CalculatedRisk on Thu, 07/29/2010 - 7:08am (239 comments)
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This was a little more positive than the other regional reports that are all showing a slowdown in growth
That's because they still brew a lot of beer in this region. Beer is recession proof.
Ministry of Truth wrote: "Powered by
:
Major Pullback in U.S. Consumer Spending for July
Edit: gotta remember a lotta UE folks had nuttin to spend
Jobless Claims Dip Because....
Initial jobless claims declined by 11,000 to 457,000 last week, but that followed a big rise the previous period, signaling little improvement in the job market.
Most significantly, according to the Labor Department's report , the number of continuing claims -- those drawn by workers for more than one week in the week ended July 17 -- increased by 81,000 to 4,565,000 from the preceding week's revised level of 4,484,000.
The largest decrease in claims occurred in New York, which saw claims fall by 19,552 in the week ended July 17 due to fewer layoffs in the transportation and service sectors. Other states with large decreases included Indiana, Michigan, Pennsylvania and Florida.
The largest increase in claims for the week ended July 17 occurred in California, which saw claims rise by 19,809 due to layoffs in the service sector. Other states with large increases included South Carolina, North Carolina, Illinois and Tennessee.
And the beat goes on.
Your Fire Department going the way of a dodo, on account of lack of dough-dough?
If you own a swimming pool, become your own volunteer fire department, for about $800.
195 gallons a minute coursing through your hands from the gas powered pump sucking it out of the pool, and you're all over the fire, you can hit anything 100 feet away or more, with a 1 1/2 inch nozzle
Charlotte uptown Condo sales are hurting.
Many Vue buyers can't or won't close on high-dollar uptown condos
Many Vue buyers can't or won't close on high-dollar uptown condos - CharlotteObserver.com
This is the same building that sat unfinished for a while after subcontractors were not being paid.
When does the blockbuster Summer of Recovery transition into the Fall(tering) Recovery ?
Ministry of Truth wrote:
You can buy a lot of the superficial appearance of a recovery when using OPM.....
bearly wrote:
Sounds like a Zombie flck.
Hu just opened the green chute ?
Toss in the weaker tone of in the Fed's Beige Book (released yesterday), and this raises the question: Is Fed Chairman Bernanke and the FOMC behind the curve (again)?
The continuing adventures of Mr Understatement.
Fannie and Freddie Foreclosures Increasing at Fastest Rate Yet | Mortgage Rates & Trends: Mortgage Blog
YouTube - Jan And Dean : Deadman's Curve ( 1964 )
JP wrote:
Are you "unexpectedly" "suggesting" a new name for our genial host?
Ahead of the curve?
North Korea Has Turned To Barter System To Pay Foreign Debt
A slowdown in growth and a slowdown are not the same thing. Maybe the actual numbers should be the issue. If we have re-set to a pre-boom level, then growth off this base is the best to hope for.
I was a North Korean war bribe?
Coffee with an "earthy" flavor
Is Fed Chairman Bernanke and the FOMC behind the curve (again)?
June 9th, 2008 – Bernanke: Despite a recent spike in the nation's unemployment rate, the danger that the economy has fallen into a "substantial downturn" appears to have waned,
RealClearWorld - Sun Could Set Suddenly on Superpower as Debt Bites
Why is
showing his pimp hand today?
Hahaha um ok. Don't hold your breath. Hey look I am all for the Hopium...but I am not seeing it. Artificially sure
but nothing speaks volume....Just like the Market today..NO VOLUME.
Weak consumer staples.
What does that word 'rebound' mean anyway?
In basketball, it means retaining control of the ball after a missed shot.
in NY where the state is facing layoffs and ever increasing deficits, nine senators couldn't be bothered to show up for a special session to deal with the problem.
Read more: The Daily Politics
in NY where the state is facing layoffs and ever increasing deficits, nine senators couldn't be bothered to show up for a special session to deal with the problem.
Zandi disciples. Why ruin your vacation for a .25% drag to GDP problem?
Why would anyone expect them to? They don't give a shit about you or anyone else. Their only concern is their own personal portfolio's as well as to make sure they pass laws that hurt you as much as possible in your wallet.
After all it's our fault...not the policy makers.
Tic Tic Tic
12th Percentile wrote:
In CA none showed up. Despite a Constitutional requirement for a Jul 1st balanced budget and ~$24b deficit they are on vacation until Aug 2nd.
12th:
At least the ones who showed up got paid for gaveling in and gaveling out.
FiveThirtyEight: Politics Done Right: It's Like Mathematically Unpossible for Republicans to Win the House, or Something
of if you ask Dennis Rodman...Rebound means chicks, alcohol, party house at the beach and hollywood stars...Making shots was course he missed
they've been in retirement since 1990's..
black dog wrote:
Lack of repercussions. Except maybe the ballot box. Speaking of which, how will Californians vote this upcoming election?
How nice of the hoi polloiticals to show unanimity on something...
FAA: Chelsea Clinton's wedding is a no-fly zone - Chelsea Clinton - Salon.com
I have paid no attention to this sensationalism nonsense but was curious who is the guy she is marrying.
Chelsea Clinton's fiancee, Marc Mezvinsky, is the son of former Iowa congressman and convicted felon Edward Mezvinsky and former NBC reporter and congresswoman Marjorie Margolies Mezvinsky. Mezvinsky is an investment banker with Goldman Sachs.
Ahhhh now I see why
Well it is partially our fault. In NY polls show that over 90% of people think all the incumbents suck and should be replaced. When asked if they think this about their own assemblyman or senator they all say, "no. I like him, the rest need to go".
The only thing that ever changes is if one of these jokers goes to jail. Which is very rare.
Juvenal Delinquent wrote:
the black swan coming will have the effect of re-booting the world economy, wipe out sovereign debts, and hearken an age of peace and prosperity
just sayin'
Dennis Rodman's main man was Dwight Manley, a numismatist-cum-sports-agent
Agent Dwight Manley has shown client Dennis Rodman the - 04.07.97 - SI Vault
Rob Dawg wrote: "The effort to end the recession and jump-start the recovery was built around a
series of fiscal stimulus measures. Tax rebate checks were mailed to lower- and middle-income households in the spring of 2008;the American Restoration and Recovery Act (ARRA) was passed in early 2009; and several smaller stimulus measures became law in late 2009 and early 2010.5 In all, close to $1 trillion, roughly 7 percent of GDP, will be spent on fiscal stimulus.
from: http://seekingalpha.com/article/217290-how-my-doubts-about-stimulus-were-eased-a-little
Juvenal Delinquent wrote:
Speaking of the Worm, his baby mama's house was just lost to foreclosure near by. Prolly had something to do with the babies done with school - no more worm droppings due. Great athletes.
Wait, what happened to
of if you ask Dennis Rodman...Rebound means chicks, alcohol, party house at the beach and hollywood stars...Making shots was course he missed
Normally don't like sports commentary, but +1.
Uncertainty to Stave off 'Austerians' and Keynesians on Fiscal Policy - Barrons.com
Business as usual:
BUSTED: Obama's New Budget Chief Got a $900 Million Bonus From Citigroup After It Got A Bailout
interesting story...did you know the coin dealer from your coin dealing past....I used to live off 33rd in balboa back then and his parties were off the deep end....the helicopter on the beach was over the top more than our current admin...
Cinco-X wrote:
The difference between a parting gift and a bribe is what, timing?
The New Normal: Americans Cutting Back — Even If They Don’t Have To
Sippn wrote:
and who you know....
Yes, Dwight was and is quite a player in the coin biz, he has a very keen mind over matters
Why is showing his pimp hand today?
I don't know, but it's potentially dropping below a major support level. Does it drop through it like it's done a couple of times before? I hope so, becauseI love watching bull traps.
It's Obama Vs. Bush for Democrats on the Campaign Trail - US News and World Report
Introduction: 5 Reasons Obama Is the Same as Bush, Clinton - US News & World Report
Cinco-X wrote:
But I thought the bonuses were necessary to retain top talent
JD<
I hope you saved your paper bag from last year....
Schedule
curious wrote:
I was trying to think up something clever like that, but was unable to do so....kudos-
Just when a LSBF thinks there are no other ways of snatching defeat from the jaws of victory, you have to go and do a thing like that?
curious wrote:
if you give it some thought, you might agree that they have retained his talent
Bonus was $900,000 not $900 million. Still a crook, as is the guy Chelsey Clinton is marrying. All bunch a scummy losers.
Lol right, I am still waiting for the Trickle down part of the game. Senator Kerry you care to chime in with your thoughts...I understand your a busy man. ( Douche bag )
while also sickening, it appears the bonus was not $900 million but instead $900,000.
Juvenal Delinquent wrote:
What's a fern fondler to do?
volker the viking wrote:
Citi runs the government now? I thought it was a subsidiary of GS....
Sippn wrote:
Sweet surprise! We hit the Obama/Dem trifecta if Lew also gets caught cheating on his income taxes.
curious wrote:
positioning, time and timing
nothing is static
Obama's New Budget Chief Got a $900 Million Bonus From Citigroup After It Got A Bailout
Probably little will change without a system collapse, the corruption runs too deep.
Former Idealist wrote:
But he has the added benefit of being a convicted crook.
That's not a planet; it's a Debt Star!
(Did someone here originally say this?)
bulls better hold 1093 or more
on the way...
the dood is in pursuit of his truthiness narrative, don't be insisting in it actually being factual or anything
12th Percentile wrote:
Thanks to both you and FI; I should have followed the links back to the original article to make sure.....
purple wrote:
I'll cheer for it, but I'm not bettin that way.
Here's a 6th one
White House pushes for warrantless access to Internet records | Raw Story
Which part of "change you can believe in don't you understand ? Bush was the worst US president.but Obama still has two years to "amaze" the world ( credit to TheDevilCanDance )
Jim Kelly's not gonna make a comeback, and the irregular lineup looks suspect as always, lots of promise ready to get dashed, Ralphed.
Fed official eyes revival of crisis-era program - Yahoo! Finance
probe released....
HomeGnome wrote:
dr strangemoney wrote:
This is from March 10 2008
Juvenal Delinquent wrote:
it's all about the O line
and until they play together for a couple or three years, the offense is gonna suffer
Foreclosure Filings Rise in 75% of U.S. Cities on Unemployment - Bloomberg
if you're going to continue to post links from BusinessInsider, you could at least post a disclaimer when the headline can't distinguish between 900K, and 900M.
Ahh must be the whole " Kiddie porn " excuse again. Keep throwing gasoline on the fire Mr. Government.
I worked for a guy in the 80's and his mantra was always "How can we add zeroes onto the end of our numbers now?"
km4 wrote:
Good thing we are fighting "those that hate us for our freedom" over there so we don't have to fight them here.
And here we have it, absolute confirmation of the drum some of us here have been banging on for nigh on two years - unemployment is a leading economic indicator, specifially for credit deterioration and its sequelae in a balance sheet recession.
edit: so there really, really is no such thing as a jobless recovery
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energyecon wrote:
Like a bunch of tweaked out hippies in a damn drum circle.
Basel Too wrote:
I'mnot sure where the error came from, but if you just post the URL, the 900Million figure comes up, even though it's not contained in the URL:
http://www.businessinsider.com/jack-lew-omb-bonus-2010-7'
BUSTED: Obama's New Budget Chief Got a $900 Million Bonus From Citigroup After It Got A Bailout
The text, and apparently the title inside the article are correct.
Edit: On my screen, the two lines above look the same with the exception of an apostrophe used to keep HCN from porting in whatever it does to create those titles....
HomeGnome wrote:
it's a manly thing
umm... if by tweaked out hippie you mean a pocket protector wearing spreadsheet jockey... well, yeah
HomeGnome wrote:
I'm proud to be one.
ive been panning for gold at an undisclosed location in southern oregon
using 'small device when visiting far away restaurant hot spot i get to crash read CR and hcn
but had to share this with the commentariat
tag under
By Agence France-Presse
Thursday, July 29th, 2010 -- 10:56 am
Supermarket backs squirrel meat sales amid protest
LONDON — A supermarket has defended selling squirrel meat as a "sustainable" form of food, amid protests by animal activists who accused him of cashing in on a "wildlife massacre".
"In a few years' time, it's going to become like rabbit," said Andrew Thornton, who introduced squirrel meat into his branch of the Budgens supermarket in north London this year.
"Squirrel is a very sustainable form of meat," he told AFP on Thursday, explaining that while it takes 15 tons of grain to produce one ton of beef, "squirrels feed from nature -- there are too many of them around."
From the link....
Mea culpa: An earlier version incorrectly stated million in the headline, rather than thousand.. It has been corrected.
energyecon wrote:
I imagined you differently
wally wrote:
For a society that has subsisted on valuation churn for a dozen years in lieu of actual value creation, they are indeed.
...they came for the squirrels, but I didn't care, I wasn't soylent green
Basel Too wrote:
Splitting hairs. If you embezzle either sum from the Treasury, I don't think it would make much difference in a court of law.
'tis a metaphorical pocket protector - busted!
energyecon wrote:
Anyone paying attention noted that gubmint and the spillover effects of the housing bubble were the only job drivers in the 'good times' of '02-'07.
Fed talking about deflation and firing up the printing press again, so stocks think maybe this confirms things really are terrible after all.
Fed's Bullard: It Is Time To Start Talking About More Quantitative Easing To Stop Deflation
from B'insider....
energyecon wrote:
You're looking good, ee.
http://29.media.tumblr.com/tumblr_kue7vwjrq81qa717go1_400.jpg
Well it better be the FED cuz the GOP is still the party of NO
GOP block Senate passage of small bank bill - MarketWatch
The Canadians have nothing on the Americans.
Wikipedia edits traced to Defence computers
energyecon wrote:
it depends on the perspective of the speaker
thinking about CR's question whether Bernanke is falling behind the curve, and I have a real difficulty in arguing to myself that Bernanke has any concern for those outside a narrow subset of the population
this is based on not only his actions, he has really put himself out there on lobbying for policy or what he refers in statements as 'dangers to the economy'
Im continually amazed that I live right around the birth place of the computer, the iPhone, social media sites and yet I can't get a FRIGGIN cell phone signal.
And we care about this why, if the wages are stagnant or going down?
I think the important things are wages and unemployment. That's it.
poic wrote:
http://research.stlouisfed.org/econ/bullard/pdf/SevenFacesFinalJul28.pdf
poic wrote:
pay your bill
Wells Fargo's CEO Stumpf admits banks engage in illegal price-fixing:
Wells Fargo’s Stumpf Sees New Costs for Customers (Update1) - Bloomberg.com
volker the viking wrote:
poic spent all his money on KY and dry cleaning for the
Apparently, what we need right now is more housing...
Affordable Housing in the Recovery Summer | The White House
Orwells Fargo, their necks staged in banking
And we care about this why, if the wages are stagnant or going down?
wage pressure is contained...
Cinco-X wrote:
Million... thousand... still a whore, we are just haggling over price. - Shaw paraphrased.
That's inflationary right?
Mr Slippery wrote:
Were you not around for barfly's pissing and moaning last night about Rosie Rios' proposals? Yogi presumably got into it too.
Truss, But Verify
If we had more actual economists and less
types, we might realize that the dirty 19 are in fact a massive drag on the economy, and a few thousand lending institutions in their place would be infinitely better for growth.
Rob Dawg wrote:
Welcome to Divorce Court.
Rob Dawg wrote:
Note: HCN goes to their website and pulls that info down. It wasn't something I did-
Cinco-X wrote:
No, I was not around. See what happens when I step out for a day or two? I can't leave you kids alone for two minutes!
Cinco-X wrote:
never is
That is a simple assertion, and simply incorrect. At least throw a little 'chop logic' out with an inanity like that to amuse the crowd, EHP.
HomeGnome wrote:
Look at their first 7 games.
I don't know why everyone is busting on chelsea. I saw a blurb where the wedding cost is in the millions. There's your bankster trickle down for you. O just needs to mandate bankster weddings have to run seven figures and the economy will be humming.
http://www.vtaide.com/png/images/cricket-m3.jpg
line of sight only works in fashion designer runways.......I used to sell alphanumeric pagers for Motorola in 80's for $300.00 a pop to couriers, ambulance companies etc...we primed sales calls with line of sight and satellite coverage....
when it didnt work we used the solar flare ups, high winds and freak storms are causing the problems to our valued customers...
of course all it took is 1 tech to move the network repeater under the tower a little and freak solar flare up routine started once again...
volker the viking wrote:
Yes, and don't you forget it....
Rob Dawg wrote:
week six should go well
Cinco-X wrote:
But you DID push the 'save' button, right. And you previewed the link like all responsible commenters, too?
You seem to be saying I did it, but Hoocoodanode is responsible. Makes sense, in a special kind of way.
Neither barfly nor I made any comment on Rios' statement. None.
Barfly commented on the Business Insider article you linked, and I pointed that out since you played dumb. Really have to watch you cheap shot artists like a hawk. It just so happens my flight was delayed and I missed a connection.
I'm going to go waterboard myself down @ the river, in preparation for the season
volker the viking wrote:
IF you could lose a bye week; the Bills would figure out a way...
Bullard was quite confident that economy wasn't as bad as it was for the early 80s pair of recessions because it didn't feel as bad to him so we wouldn't breach that high water mark
he likes to talk a lot, but doesn't seem to have a clear or consistent vision of anything
On Americans cutting back:
There was an interview on CHBS with an analyst discussing consumers trading down from name brands. Kellogs, collgate, named as taking a hit.
White House wants easier access for FBI to internet activity logs - Boing Boing
technogeek • #1 • 8:35 AM Thursday, Jul 29, 2010 • Reply
I have to keep reminding myself that the other ticket really was worse. Sigh.
snackcake • #2 • 8:44 AM Thursday, Jul 29, 2010 • Reply
slowly losing my Hope™
dculberson • #3 • 8:52 AM Thursday, Jul 29, 2010 • Reply
Why?????????????????? oh so sad.
Boondocker • #4 • 8:59 AM Thursday, Jul 29, 2010 • Reply
.- .-. .. ... . / -- --- .-. ... . / . -. - .... ..- ... .. .- ... - ... / ... - --- .--. / --- ..- .-. / .... --- ..- .-. / .. ... / .- - / .... .- -. -.. / ... - --- .--.
Phikus replied to comment from dculberson • #5 • 9:04 AM Thursday, Jul 29, 2010 • Reply
...Because ever since the FISA bill, O's been owned.
mdh • #6 • 9:07 AM Thursday, Jul 29, 2010 • Reply
"if agents believe the information is relevant to a terrorism or intelligence investigation"
a 'belief of relevance' held by someone looking to make news and get a promotion does not trump my right to privacy.
An appointed judges judgement does.
beerose • #7 • 9:13 AM Thursday, Jul 29, 2010 • Reply
Not to worry, I'm sure our ever-vigilant press will ask him some tough questions about this. You know, like the ladies on the View.
/Sarc
John Napsterista replied to comment from Boondocker • #8 • 9:14 AM Thursday, Jul 29, 2010 • Reply
.... . .... / .... . .... / ... - --- .--. / .... --- .-- / -.. --- / .. / ... .- -.-- / .--. .-.. ..- ... / --- -. . / .. -. / -- --- .-. ... . / -.-. --- -.. . / ... - --- .--. ..--..
BukaHobbit • #9 • 9:26 AM Thursday, Jul 29, 2010 • Reply
It seems that Hope, Change and Transparency were just campaign buzz words.
johnphantom replied to comment from BukaHobbit • #10 • 9:28 AM Thursday, Jul 29, 2010 • Reply
Yep Buka, and with the only exception being that the alternative was worse (McCain & Palin) I fully regret voting for Obama.
He is a liar.
boingaddict • #11 • 9:33 AM Thursday, Jul 29, 2010 • Reply
i yet to see a politician that is not a liar.....boooo
Phikus replied to comment from technogeek • #12 • 9:33 AM Thursday, Jul 29, 2010 • Reply
Two parties are just two few. It gives us all a military industrial complex.
I wish his last name was Bearard..I would believe his spiel much more...
I thought Bama was gonna pay my cell phone bill. I am liberal afterall.
At least they have enough of a sense of shame as to play their home opener in a foreign country.
The 5.5 under pays +115 at at least one book, BTW.
You seem to be saying I did it, but Hoocoodanode is responsible. Makes sense, in a special kind of way.
i'm having de ja vu all over again...
wafdof wrote:
We've got a real problem here. While the early '80s suck especially for the rust belt, at least we knew how to deal with the problems of them time.
What's below Kellogs, some lower-end cereal killer quis cache?
creditcriminalslovetarp wrote:
I was thinking his name ought to be Bull-tard.....
Cinco-X wrote:
The Nukes For Food Program
Juvenal Delinquent wrote:
I dunno but I GOTTA HAVE MY POPS!
Right, shill?
poic wrote:
LOL
Juvenal Delinquent wrote:
according to the map, nothing until you get to Coldwater
Cinco-X wrote:
Curious timing - 1 day ahead of GDP release.
Off to lunch
12th Percentile wrote:
Apparently the Republicans are so irresponsible that they don't even merit identification.
White House is going to need an interpreter for HCN postings.
Some Jokes of the day ( Ya it's still early )
JOKE: Germany fuels boost in euro-zone economic sentiment. German unemployment falls for 13th straight month in July. One country a European Union does not make. Most other countries in Europe are in deep stuff. Germany can't pull the rest of Europe into growth...To say so is ignorant or spin...
JOKE: Oil UP? With inventory levels rising and economy slowing (BDI down down down) the argument for higher oil is pure speculation. Oil should be below $50
JOKE: Inflation is TAME. Really?! At the grocery store, healthcare? Inflated Taxes?? See your food bill recently...up 20% in the last couple of years.
JOKE: This MARKET...climbing a razor wired wall of worry...the damage caused on the way up will also be caused on the way down...
JOKE: This administration and FINANCIAL "REFORM". SEC Exempted from FREEDOM OF INFORMATION ACT. The politicians should be round up and summarily ____ cuted ... you fill in the blank depending on how angry you feel: prose-, exe-, perse-, electro-....whatever
JOKE: ZOMBIE earnings, ZOMBIE Banks, ZOMBIE Economy, ZOMBIE Politicians, ZOMBIE electorate watching "jersey shore". How disgraceful of a country have we become when the cast of "jersey shore" rings the bell at the market...Odrama, our empty-suit, emperor with no clothes, man-child on the view.
All these JOKES are no JOKE.
bearly wrote:
I'm sure there's nothing to it
Basel Too wrote:
900K was prolly WHY he left....insulting for a Wall Streeter
energyecon
Basel just mentioned the joke that increasing wages or decreasing unemployment are considered a threat to the economy because they may lead to inflation, yet the Fed considers unlimited (and preferably concentrated) increases in apparent wealth to be a supreme virtue and synonymous with economic strength or recovery
Bernanke has within the span of 24 hours argued to congress for cutting spending.... blah blah deficit, entitlements.... and then argued stridently for maintaining or increasing tax cuts (and it had to be for those earning $250k+).... he's not supposed to speak a word on the subject at all!
energyecon, come on
i hope you retract your comment about inane logic, the more you fight occam's razor the more you are hurting yourself
Apparently the Republicans and Democrats are so irresponsible that they don't even merit identification
fixed it for ya...
same poop, 2 different piles....
When you got nothing, you've got nothing to lose, you're invlincible now, you've got nuclear secrets to unfold..
YouTube - jimi hendrix - like a rolling stone
EvilHenryPaulson wrote:
Anything that distracts him from his purported job can only be a good thing.
that is odd isn't it. any wage pressure will lead to inflation, but 30% YoY returns on stocks and real estate is A-OK...
Bullard just might get the walking paper on this one.
Expert agrees that free money is the best kind.
Cinco-X wrote:
HCN only retrieves the title for a link once to avoid swamping servers. Looks like BusinessInsider fixed the title shortly after someone posted a link here.
EvilHenryPaulson wrote:
I learned not to play with razors when I was about 2yo. Back then the standard was the 2 edged "safety razor", which was, of course, anything but safe.....Maybe a different razor, but the lesson still applies-
kcoop wrote:
I'll have to admit that their editing process leaves something to be desired....
kcoop wrote:
Dewey defeats Truman!
So what if the Fed resumes treasury purchases.
They've already signaled that this particular gun is to their temple anyway, and the time it buys will be shorter than last time.
seriously
the Fed has spent a lot of research on demonstrating that in the very short run an increase in the cost of oil does not lead to an increase price of consumer goods....
look at the housing bubble, nary a word about inflation was ever mentioned.... in fact it represented a strong economy, ditto for oil... look at those producers which such vitality they are bidding oil up to the moon, business must be great for them...
... but when it comes to employment or wages ... hoo-boy! better get in front of that disease... red alert, TPTB are on the losing side in the relative distribution of production
I
therefore I am being watched by little green men from Venus-adjacent, right next to
YouTube - B52's - Planet claire
I learned the hard way that mom's car key's are not made for the electrical outlet on the wall.
Shocking, and i didn't know I could fly.
Comrade Janošik wrote:
Might as well buy and hold SRS indefinitely as purchase long bonds because they'll perform the same.
EHP,
DId you read Bullard's paper? It's titled "Seven Faces of "The Peril"", but I was unable to determine what the 7 faces were. Any idea?
I think Mr. Chapman lays it out clearly as to the road we are taking and how the FED will proceed.
Accounting for the Counterparties in the Goldman Sachs Debacle | International Forecaster Weekly | Bob Chapman | The International Forecaster
Grizzly, 2 Cubs Caught After Campground Mauling : NPR
Sheppard described the incident — in which campers in three different tents were mauled as they slept — as a highly unusual predatory attack.
"She basically targeted the three people and went after them," Sheppard said. "It was like an archery hunter who gets between a sow and her cubs and she responds to protect them."
Officials have said the sow will be killed. State and federal wildlife officials will determine the fate of the cubs. Sheppard said they are unlikely to be returned to the wild because they could have been learning predatory behavior from their mother.
So Kill the Mom who was only doing what she was genetically engineered to do since the beginning of time......
bears need to eat too..
6 Reasons the Housing Market Hasn't Recovered - Yahoo! Real Estate
7 The banks and MIC got all the gubmit largess and the taxpayers got the bill
America's share of world military spending has risen from 37 percent of global military spending in 2000 to 2009's 44 percent.
- CIA's World Factbook
Are there any remaining doubts that the MIC, Wall St., other 1% elites own the mostly asslcowns we call Congressiters in Wash DC at the expense of the other 99% of Americans?
Rob Dawg wrote:
go long the Euro, it's headed back to 1.40 - 1.50 by October
shill wrote:
And here I just thought liberals had been dropped as babies. [I kid. I kid]
Rob Dawg wrote:
We know you're kidding; shill isn't a liberal-
Is Gold Pointing to Lehman Mark II? - Yahoo! Finance
volker the viking wrote:
What makes you think that? Curious.
http://top-10-list.org/wp-content/uploads/2009/08/Snow-White-and-the-Seven-Dwarfs.jpg
...über meine Leiche
sm_landlord wrote:
volker not know, volker sense shift in farce after Ramadan
Many "conservatives" were certainly babied as droppings.
Rodman hung out in Newport-- shows where his standards are.
The antics were really pretty bland.
I heard that if a liberal gets dropped on his head as a child he grows up to be a conservative
Statistically, 2 out of 3 cubs a sow bears will be dead by the next year...
...Mother Nature is a tough taskmaster
About 5 years ago on November 1, I went on a search with others in the National Park, armed with direction finders, looking for GPS collars that were put on tranquilized bears in the spring, and programmed to fall off on halloween. It took all day to find a dozen collars~
Dropped Hell I was thrown hahahah
And you know me I am far from a Liberal.
I can think on my own
I thought he was more of a Manhattan Beach guy. Now he's just a drunk. It's a shame, those rings were his as much as Scotty's and Jordan's.
NEW YORK (Reuters) – Foreclosures rose in 3 of every four large U.S. metro areas in this year's first half, likely ruling out sustained home price gains until 2013, real estate data company RealtyTrac said on Thursday. Unemployment was the main culprit driving foreclosure actions on more than 1.6 million properties, the company said. "We're not going to see meaningful, sustainable home price appreciation while we're seeing 75 percent of the markets have increases in foreclosures," RealtyTrac senior vice president Rick Sharga said in an interview.
Foreclosures up in 75 percent of top U.S. metro areas - Yahoo! News
Was this mentioned in that POS shill piece How the Great Recession Was Brought to an End
Calculated Risk: Blinder and Zandi Paper
Saving banks so they can continue to do gods work.
Imprimis
To which you replied:
my response:
and your elaboration:
To which I say:
Very well, I retract describing your comment as an inanity, rather it was banal. Seriously.
How is describing the convoluted machinations of whatever perspective you suppose for Bernanke the application of Occam's Razor? What is simpler than unemployment is a leading indicator of economic deterioration in a balance sheet recession?
sum luk wrote:
That last chart shows Mar 09 where QE cut in right?
If we are heading to a similar loss of confidence in the economy, then we have a pretty good indicator for where Ben will pull the big QE II lever.
km4 linked to:
White House wants easier access for FBI to internet activity logs - Boing Boing
This should assuage your fears:
Director OK With FBI Test Cheating
Cinco-X wrote:
A large failure could produce another systemic panic, but who will be the sacrificial lamb.
Right utter toilet paper....Actually that reading pissed me off big time...but I am over it now.
Amid Fears of Double-Dip Recession, Ceridian-UCLA Pulse of Commerce Index(TM) Falls Sharply in June -- MINNEAPOLIS, July 13 /PRNewswire/ --
"While June's number is substantially down, erasing two-thirds of May's great gain, the daily and weekly activity on which the monthly PCI is based does not suggest that the economy is heading over a cliff," said Leamer. "Part of the apparent strength of May and weakness in June is the result of the Memorial Day holiday occurring on the last day of May, allowing the negative Memorial Day effect which is usually confined to May to leak into June. More importantly, the June weakness was confined to the first two weeks, and by the second half of June, we were seeing strong growth again."
The PCI data also indicates strong year-over-year and quarter-over-quarter growth, even though the month-to-month comparison is worrisome. The annualized number for June climbed 8.6 percent, the seventh consecutive month of positive year-over-year results.
"The PCI has not been showing the sustained negative numbers characteristic of a double-dip recession," Leamer said.
MB wrote:
Who destroyed more freedom?
Al Q
or
FedGov
Comrade Janošik wrote:
By all rights it should be JP Morgan but in all likelihood Wells Fargo.
Comrade Janošik wrote:
Rob has essentially argued for Wells Fargo. I'd argue for Illinois....
CBO directors blog... debt meme being seared... here
energyecon wrote:
Rephrasing it as: "No jobs, no recovery."
OT: What the eff is up with natty? +50¢ in two weeks?
Comrade Janošik wrote:
A large failure could produce another systemic panic, but who will be the sacrificial lamb.
"The chef recommends soylent green, served in a mint-jelly confit using the reduction methode"
nice catch
shill wrote:
It was toilet paper, though I'd worry about it being rough and slick. However, it was a very Keynesian piece and as I pointed out, it was a classic case of begging the question. At least I think that was the one...
he lived over in balboa near 56th street on the beach if memory recalls, actually played pick up game against him and brian williams (his teammate with bulls) at the courts by the beach.. great games with loads of talent back in 90's coming thru there...One russian had to be 7ft and 300 lbs of steel and flesh...I took a charge and landed about 10 ft back..he asked me in broken english if I was crazy or something...I told him I was and hated losing plus the pot I smoked made him look smaller...
Cinco-X wrote:
Unlike Wells fargo you can't give Illinois to another State at a deep discount with a loss sharing agreement... or can you? I'm intrigued.
Rob Dawg wrote:
Check for increased ethanol production - a lot of NatGas is used to cook it.
I'd appreciate it if you refrain from mentioning gas since it fills me with natty dread having purchased ung. I prefer to remain :ignorance is bliss: with respect to the valuation of that position as it is now a :long term core position:
EDIT to add the most important part
YouTube - NATTY DREAD - BOB MARLEY
trader0054 wrote:
Posting after only after being a member for a little over 9min?! Balzy
can anyone think of a subject where Bernanke or the Fed haven't made contradicting arguments depending on who stood to be helped or hurt?
inflation, unemployment, defaults, commodities, housing, fiscal policy, taxation, investment losses, outsourcing, interest rates, regulation, following their prescribed mandate (full employment, stable prices, not losing any money in their market operations as that would be spending which they are not authorized to do)...
i'm not suggesting there is a conspiracy or conscious bias here, just that in practice the chosen positions are logically and predictably inconsistent
creditcriminalslovetarp wrote:
Only humans are allowed to kill humans. If an animal does it, it's inexcusable.
For the record, I think many here would find that upon closer examination they would tend to be more liberal on some issues and more conservative on others.
Being one or the other doesn't make you special, smart, or better than anyone else.
The propagandized caricatures of both schools of thought should be appalling to anyone who values their own intellectual development.
Rob Dawg wrote:
Damn! Forgot the
again....
I yield to the simpler construction, :occamsrazor: to you Dawg
Natty has been getting the bumpo a bit but doesn't look like a real spike yet:
Natural Gas Weekly Update
There's still one Grizzly in California, they aren't extinct.
Extremely Keynesian for sure, it took me 2 days to read it actually, because my brain can only absorb so much utter Bull shit during my quiet reading sessions. My wife even asked me why I looked uptight....I said it's not you babe, and took a nice ride for an hour. I mean who the hell do these people think they are fooling?
Just pretend that nobody's watching. You'll get used to it.
where? do tell, I will plan hikes accordingly...
HomeGnome wrote:
After trailing at the outset, FedGov has found its legs and accelerated into a huge and growing lead.
on a two hundred comment thread, I can eliminate/reduce it by one-third by putting just three people on my ignore list.
energyecon wrote:
Bernanke or the Fed will step in, once those who matter to them are in trouble
until then, they are covering their asses and leaving it up to someone else to risk intervention or blame
they don't much care about the economy, they care about the balance sheets and cashflows of some who happen to have one foot in the economy
by sitting back, they have only to gain if there is another crisis... they gain a lot of power, and risk little criticism for intervening
all over...
barfly wrote:
Suck it up, cupcake.
OH OH! Pick me please! Pick me!
barfly wrote:
and if you do the revenues to the owner might go down
it's all about the hits
you're not one of them, HG -
how does using ignore function reduce the number of hits?
1 currency now -yogi wrote:
Anybody know how Bloomberg decides which words to tie to a link within an article?
“That is a dispute between banks and merchants and it somehow found its way into regulatory reform,” Stumpf said. He told analysts on July 21, “I don’t see how debit card fees between banks and merchants had anything to do with what happened in the last couple of years.”
I wonder if a computer algorithm or a human decided that "what happened" should be linked to a 1-yr chart of the SP500.
Many cities awaiting a housing recovery - Business - Eye on the Economy - msnbc.com
I hope I'm one....
volker,
awesome songwriting on the last thread. I particularly got a kick out of, "the fix was in, since before there was sex". Excellent.
thank you
I'll take Barfly's ignore list for $2000 Alex......
" What is Failure to communicate "
This may be too controversial for the commentariat.
Pizza Hut Simplifies Prices With $8, $10, $12 Pies
Deflation for the things we eat!
Silvertoes
cclt,
1:21pFed's Fisher sees 'suboptimal' growth pace ahead
1:20pFisher blames regulatory uncertainty for slowdown love this one...
1:20pFisher sees growth below 3% rate for long period
1:20pFed's Fisher sees 'suboptimal' growth pace ahead
sometimes I am not sure what to make of these pronouncements whether it be the Fed or the White House...
reminds me of the cover of Faith Hill on Redbook - check here for the before and after photo of Faith,
hell... they even changed her jawline...
Here's Our Winner! 'Redbook' Shatters Our 'Faith' In Well, Not Publishing, But Maybe God
...
EDIT: also removed fat on her back and waist...
I am not sure what to make of this comment, two hours after everyone else moved on. But, baby definitely got back fat...