.

Why look ahead - it makes it hard to read the texts.

Sporkfed has to be doping or using finger steroids.

The only thing more maddening than "Call Me Maybe" is the euro crisis.

I first of this song through Zelig Fu, when I learned several months ago that it was going to be the song of the summer. Of course, I didn't hear the song until two weeks ago, and I was sick of it before it ended.

I do believe CR mentioned the 7% previously.

Fingers don't that muscular from working out.

Just sayin....

Maybe the Fed can just start more funding for the housing builders.

What could happen?

skk wrote:

what's wrong with an interest rate that reflects the risk anyways ?

Yeah. Why would J6P be a better risk than Spain, anyway?

Will housing starts in May be above or below consensus?

Hmm. Gonna have to think about that for a while. I'll get back to you by noon tomorrow. (ET)

dryfly, in answer to your question of what happened today, mainly it was just the faint sound of the Greek economy (and eurozone) grinding further and further towards a halt. Other than that, nothing happened.

Blackhalo wrote:

Yeah. Why would J6P be a better risk than Spain, anyway?

If by J6P you mean me, then yeah.. I don't guarantee no steenking bankers debt.. I don't.. I don't.. I don't..

If you mean Joe The Plumber - hey he ploughs his own furrow and if he gets a better deal than Spain then sure.. go for it.

hey.. aren't the markets supposed to perfectly price the risk - moment to moment ?

Aren't most of the mortgages in Europe an adjustable rate and shorter term ?

skk wrote:

what's wrong with an interest rate that reflects the risk anyways ?

or do I mean anyhoo ?

Not a damn thing. 12%.

Outsider wrote:

Other than that, nothing happened.

Thanks outsider - went into a 20 minute meeting at the HQ of a customer and it lasted over two hours. Between prep - meeting and debriefing with the people I work with [and two hours there and back]... day was shot.

Caught Bloomie on Sirius here and there but no wailing or gnashing of teeth. Figured the world must have made it through.

Caught Bloomie on Sirius here and there but no wailing or gnashing of teeth. Figured the world must have made it through.

For that reason, I thought the market would be up today. No rumors of riots, nothing. But I think it's because the patient is comatose.

They should check Greece for a pulse.

Euro Crisis Shifts to Spain as Merkel Faces G-20 Pressure - Bloomberg

“Today has been a difficult day,” Spain’s Economy Minister Luis de Guindos said in Los Cabos. “Spain is a solvent country,” he said.

I believe the world ends on a Friday, ruining the weekend.

Outsider wrote:

For that reason, I thought the market would be up today. No rumors of riots, nothing. But I think it's because the patient is comatose.

Stocks were down on news that LeBron James dropped a 29-14 in a win over the Oklahoma City Thunder.

sporkfed wrote:

Aren't most of the mortgages in Europe an adjustable rate and shorter term ?

Yes - as it was here in the 1930s and before. Plus they ballooned - pay up or lose it all - Snidely Whiplash with Nell on the tracks.

In Europe it is very common to have people live in the same house generation after generation [inherited] because buying is problematic. Also explains why renting is so much more common.

There are pluses and minuses to both.

That won't solvent their problems.

Busted

Then won't higher rates crush European mortgage holders deepening their housing crisis and economic troubles
worse than in the US?

sporkfed wrote:

Then won't higher rates crush European mortgage holders deepening their housing crisis and economic troubles
worse than in the US?

More than that, many European country's mortgages (e.g. Hungary) are priced in a foreign currency (CHF). Currency & Interest Rate Risk FTW

sporkfed wrote:

Then won't higher rates crush European mortgage holders deepening their housing crisis and economic troubles
worse than in the US?

Does anyone here have a notion of what's happening?

dryfly wrote:

Figured the world must have made it through.

Would you hold still for a moment please, sir?

YouTube - No Country For Old Men - Scene One

http://tfw.cachefly.net/snm/images/nm/pyramids/sp-2020.png

Spain's population pyramid doesn't strike me as particularly stressful wrt future housing demand.

sporkfed wrote:

I'm just trying to figure out how much the US benefits from Europe's problems.

Watch the UST 10 yr. We will benefit from the liquidity greatly. Benefit via economic means, probably not.

A museum piece country with a currency backed by nothing, isn't all that.

They're not plastered all over the media. That has to be a good sign.

In the minus column, Coldplay.

Well, fine, but don't forget the Beatles and the Stones. Eh?

Same for Europe: The banks want to blame the gov'ts for dumbass budgets, the gov'ts want to blame the banks for drying up the dumbass amounts of liquidity.
It's not like there's some limit on the number of dumbasses.

thank you JP

I was idly trying to wrap my brain around "Germans fund bad Greek loans=====Geece goes tits up instead of German banks going TU"
and just got confused.

At 7%, Spanish bonds are still FAR too expensive.

It doesn't really matter, once the first fiat goes the way of a dodo, the rest will fall in line as well.

RockyR wrote:

At 7%, Spanish bonds are still FAR too expensive.

I wanna see another Greece 1006% 1-year deal

Maybe that's the reason Germany won't agree to printing and the resulting higher rates.Not only would it devalue
their savings it might cause mortgage holders and other borrowers to go under, wiping out their banks
any way.

I had a customer that had a couple of retail stores in Guam and Tinian in the late 80's, and geeze oh pete he was busy with Japanese tourists spending like mad, and he told me in 1991, it was as if somebody turned off a light switch and the few Japanese that still came, didn't spend any money on anything except food, rooms and booze.

Outsider wrote:

Well, fine, but don't forget the Beatles and the Stones. Eh?

FYI, my gf hates the Beatles, and the Stones were horrible misogynists. Now the Smiths, on the other hand, more than make up for Kajagoogoo.

I was ultra-doomster in 1992, so much I ran off to Japan that summer, and jumped from the frying pan into the fire, missing America's finest decade entirely.

And here you are, going to do that again... Hmmm...

Rob Dawg wrote:

I want to change my vote. Germany is the first to leave the Euro.

They will be destroyed - they need the euro more than the Greeks, Spanish or Italians. They hide behind it.

the Stones were horrible misogynists.

YouTube - rolling stones - under my thumb

MattFea wrote:

I wanna see another Greece 1006% 1-year deal

If you're not going to pay it back, what difference does the rate make ?

G20 summit: Barroso blames eurozone crisis on US banks | World news | The Guardian

That's really funny, because Hudson is complaining the other way around. (I haven't actually watched this yet)

Obama’s Blame Game | Michael Hudson

(That Obama blames the US's problems on Europe)

dryfly wrote:

having been played so badly by Greek politicians for so long.

That sounds an awful lot like Countrywide blaming the sub-prime borrowers.

"I believe the world ends on a Friday, ruining the weekend."

Again?

And here you are, going to do that again... Hmmm...

thing is, I think the 1990s boomtimes were the first feel-good rush from the poisons that are killing us now.

The 1990s oil glut pushing us to misinvest in energy (Explorers for everyone!), PRC dropping the yuan to ~8, incenting us to start shipping our base to them, NAFTA with Mexico, same thing, Windows 95 and the internet increasing the productivity of business such that more could be done with less wage labor. . .

The nation screwed the pooch pretty solidly 2001-2008 -- I was not expecting that when I came back -- and we have done nothing to get this thing moving in the right direction.

Japan, on the other hand, is harder for me to figure out. Their deflation -- and sky-high JPY-USD -- is actually indicative of a rather conservative hand at their central bank. I don't know anything but a sub-80 yen rate is not a sign of weakness for Japan, even though it is gutting their base competitiveness now too.

Japan's national defense expense ($50B) is a rounding error on ours. Nobody even on this site could estimate our actual defense expense within $200B off the top of their head, it's so big.

Japan has expanded their capital position from $1T to $3T since I've been away. That's nothing to sneeze at.

If I go there I won't be competing with 80M baby boomers ahead of me for medical care, though finding a good doctor/hospital in Tokyo isn't quite as simple as it is in California, so there's that.

Sounds like the US.

I don't know how you rationalize the whole radiation aspect, but I won't get into that.

But if you go, I hope you continue to visit here and let us know how it's going. It would be very interesting to hear first-hand.

Look Ahead US pension and retirement health care (under)funding

US Retirement Benefits Underfunding Rises To Record $1.4 Trillion | ZeroHedge

thanks for link

I'm surprised he doesn't comment more.

I don't think people even here realize - this isn't a power play between Greek People and German Aristocracy. This is a struggle between Greek pols trying to keep their positions of power and using 'handouts funded by debt' to do it... and German banks and their clients [like Angela]... the Greek people are collateral damage.

This has nothing to do with the Greek people anymore than sub-prime was about housing the poor and 'ownership'... it was about commissions and fees and banker bonuses. And politicians everywhere doing whatever they have to do to maintain the 'flow'. So is Greece 'reform'.

It was and still is about the banks.

sporkfed wrote:

Sounds like the US.

And it will be even more like that in the next few years as what little reform and regulation there has been gets slashed to the bone.

dryfly wrote:

It was and still is about the banks.

Even to the point of taking governments down.
Amazing.

France. France could surprise us all.

Until the government's interests and the banks interests are completely at odds,
Nothing gets done.

keep my 32" 1080p or go for 2x22" at the salt mines? It's a tough choice to give up the big monitor... not enough space for all 3.

Dualies--okay, Triplies--work better for me. I like having separate "desktops" as opposed to a single large screen because it means I don't have to manually resize everything to play nice with one another. With multiple monitors, Full-Screen will only block a single monitor.

US Retirement Benefits Underfunding Rises To Record $1.4 Trillion | ZeroHedge

In 2000, more than half of the states had their pensions 100 percent funded, but by 2010 only Wisconsin was fully funded, and 34 were below the 80 percent threshold—up from 31 in 2009 and just 22 in 2008. But that pales in comparison to the ridiculous spread between retiree health care liabilities of $660 billion and assets of, drum roll, $33 billion, or a funding shortage that is $627 billion, roughly 19 times the actual assets in the system! Just seven states funded 25 percent or more of their retiree health care obligations: Alaska, Arizona, North Dakota, Ohio, Oregon, Virginia, and Wisconsin. What this means is soon US pensioners will have no choice but to experience not only austerity unlike any seen in Europe, but broken promises of retirement benefits which will never materialize.

No amount of is going to fix this

dont worry, 7% is the new 3%

josap wrote:

Even to the point of taking governments down.
Amazing.

this is the real issue of democracy and sovereignty - must you kowtow to the elites who own the banks or tell them to take a hike. Like that kid caught up in the New Orleans Katrina hurricane ultimately...

"what are the banksters gonna do ? "
"where can they go ?"

they live amongst us in the last analysis.

yagij wrote:

Dualies--okay, Triplies--work better for me. I like having separate "desktops"

Sadly, the ergo desk I have doesn't have sufficient space to accommodate three monitors (it's kind of a kidney-shaped thing) while maintaining a decent viewing angle. But two would definitely be an upgrade I think.

Meanwhile @ home... still waiting for my damn keyboard RMA to reach its destination.

Comrade Troyski wrote:

YouTube - Hitler finds out that spain will need bailing out.

(guffaw) "They got me by the ball." -- complete with appropriate gesture.

That was the hardest I've laughed at one of these clips in a long time.

ResistanceIsFeudal wrote:

But two would definitely be an upgrade I think.

What is the work OS?

dryfly wrote:

I mean if the Germans had securitized the debt and moved it out

That is a very good point. Somebody held the debt thinking that they were going to collect the payments. hahahahah.

So are we off and running or is this just noise..

Goldman on NEW QE: "it is also possible that the program would be specified as a 'flow' of purchases of perhaps $50bn-$75bn per month"

$75 billion in added reserves would be huge. If it doesn't end up as excess reserves, $75 billion alone would mean annualized money supply (M2) growth of 10.5%---not including any multiplier effect as a result of fractional reserve banking.

If Goldman is correct on what's coming, we are talking about a major manipulated upside move for stocks, commodities and the economy. It means Bernanke is pitching for the Team Obama.

https://twitter.com/zerohedge/status/214855529158295552

dryfly wrote:

"They won’t walk away from a 30% down payment.”

They might if the value drops 70%.
Or they become long term unemployed or ill or divorced or .....

JP wrote:

Somebody held the debt thinking that they were going to collect the payments.

Where IS Dick Fuld working these days?

JP wrote:

dryfly wrote:
I mean if the Germans had securitized the debt and moved it out
That is a very good point. Somebody held the debt thinking that they were going to collect the payments. hahahahah.

The one disturbing similarity is that from what I can tell - a lot of the dreckiest sovereign debt is already in the hands of the ECB and IMF - not unlike what happened here when Ben accepted 'AAA' Agency MBS at the window... with the F's simultaneously buying MBS like crazy trying to keep the pipeline flowing.

The worst stuff is probably in central banks somewhere anyway.

yagij wrote:

What is the work OS?

Windoze 7 64bit ... not that bad actually.

josap wrote:

They might if the value drops 70%.
Or they become long term unemployed or ill or divorced or .....

Who thinks its likely to see housing drop another 30% - I don't - not most places. Not in real terms anyway.

Farm land? Hell ya. Houses after the recent declines? Not as likely. JMHO.

yagij wrote:

May I ask why?

They are the future of the cloud. And they (and VM Ware) are giving everyone else on that list

Whiskey wrote:

Whether it will actually please the Greeks is, of course, beside the point, because who cares about all that national sovereignity stuff now anyway

Who asked them anyway?

If Goldman is correct on what's coming, we are talking about a major manipulated upside move for stocks, commodities and the economy.

That's a no-brainer. And why I got out of my imaginary VXX holding.

Wow. VXX was down 8% today, and VIX down 13%, on an day. Seems someone else holds my theory. Or they know what's coming.

Who thinks its likely to see housing drop another 30% - I don't - not most places. Not in real terms anyway.

Tell me the tax rate change and I tell you the housing move.

The Republicans have big plans of "broadening the base" -- ie raising taxes on the schlubs.

Simpson Bowles had some craaazy ideas about getting rid of the MID, no?

Is Your Mortgage Interest Deduction Doomed? - CBS News

If the Karl Denninger/Michael Shedlock school of austerity gets going, kiss the US middle quintiles -- and their mortgages too -- goodbye.

"UNDER MY ADMINISTRATION DEFICIT SPENDING SHALL BE PROHIBITED."

Plenty of craziness left on this handbasket ride.

I wonder if Vix isn't affected by OPEX

If Europe implode for reals, house prices in the US will plummet. 30% would be a blessing.

Who thinks its likely to see housing drop another 30% - I don't - not most places. Not in real terms anyway.

Foreclosed inventory still backed up. Buyers who want to buy are finding 'shortages of inventory'... for example in LA... distorted supply and demand because of banks sitting on inventory?

Apple's selling, what, 50M iPads between now and when Sinofsky ships both of those tablets.

Comrade Troyski wrote:

Simpson Bowles had some craaazy ideas about getting rid of the MID, no?
Is Your Mortgage Interest Deduction Doomed? - CBS News

That is the one third rail issue that actually makes SS/Medicare look insignificant [as an issue]. Will not be touched.

ResistanceIsFeudal wrote:

Windoze 7 64bit My Head Just Exploded ... not that bad actually.

<---- This one here is RiF

yagij wrote:

It is what I use too. The reason I asked is the docking/full-size function is really only helpful on a multiple monitor set up.

Indeed. The workflow will probably be along the order of Outlook / web browser / documentation / Excel on one, database admin, IDEs and command lines on the other. It's kind of what I do now, albeit on a single monitor with virtual desktops and some custom key binding. I miss linux, but the machine I have now is more than powerful enough to give me a decent VM for mucking about. UNIX is just inherently better at munging data streams around. Would give me a nice diversion over the July 4th non-week.

they are all going to become Facebook developers, MoF.

ha!

Border Patrol group calls for Holder's resignation - Washington Times

Till morning.....

RockyR wrote:

At current prices, it still takes WELL PAYING jobs to afford housing purchases.

Here about a $50K family income will easily qualify you for a 3Br 2Ba home - need a $15K down payment maybe but that's not impossible here either. Granted costs are lower than the coast.

merchants of fear wrote:

Foreclosed inventory still backed up. Buyers who want to buy are finding 'shortages of inventory'... for example in LA... distorted supply and demand because of banks sitting on inventory?

Inventory is low here as well.I don't have a good handle on why, but the number of "Normal" listings is also way down. I suspect that the banks want short sales due to the, erm, Paperwork Problems" and people who are underwater are holding out for a variety of reasons. The publicity about big cash for short sellers was probably not a good thing for the banks...

Comrade Troyski wrote:

Apple's selling, what, 50M iPads between now and when Sinofsky ships both of those tablets.

the technology looks better. I was let down by IPad 2... a sucker move by Apple. IPad 3 didn't go far enough.
retina display... do you realize how little there is on the Net that can take advantage of that?
...

house prices in the US will plummet. 30%
I don't follow. Can you explain why?

Have the risky derivatives been defused? Sovereign debt risk?
Just because consumers are being sucked into new bidding wars for houses in bubble/bust areas, doesn't mean the housing market and the credit markets are healthy and have recovered to normal functioning. This is exhausting trying to dress down or even question this latest popular sentiment that the housing markets have recovered. CR is good at generating this recovery talk and expectations backed by the govt. numbers published here showing signs of life in the economy but structural problems remain plus the Dodd Frank 2,300 pages is apparently toothless so more lending/derivatives scams may be coming...

Rob Dawg wrote:

B@stards.

I don't understand your logic. how can MSFT freeze the market for months in hardware?
this isn't the days of vaporware.
oh, I'm sorry, I forgot... you read from the Book of

Im still on Vista. Its good for this and porn. Both are giving me carpal tunnel.

Duke of Con Dao wrote:

I don't understand your logic. how can MSFT freeze the market for months in hardware?

MFST falls in the forest and no one is there to hear them, are they still there?

merchants of fear wrote:

If folks want to commit to 30 years of payments right now (and a down payment) in this economy and in an election year, then I guess they can 'go for it'...

Every other year is an election year.

The economy comes and goes. They have one life to live and it is now.

They can easily afford the house - or so it seems.

Again median prices are 2X - 3X median incomes in these areas. It isn't like SF. My daughter and her husband are starting to look - they will have a 15-20% down payment when done saving and buy at less than 2.5X their income. Looking at the local market it seems doable.

Called Toyota today. Car is covered up to 150k if the ecu caused my transmission problem.

I'm at 147k.

Another f

dryfly wrote:

MFST falls in the forest and no one is there to hear them

Steve Jobs is Dead, get over it dryfly. there is no replacement...
esp not a supply chain (genius) like Cook...
that guy who sold Pepsi wasnt' much different...

Every other year is an election year.

Meant the presidential election which is supposed to be a big deal this time around... or like every time...

Rob Dawg wrote:

What do you think that giant autonomous sever farm in NC is then?

Jobs creator

Duke of Con Dao wrote:

Steve Jobs is Dead, get over it dryfly. there is no replacement...

MSFT isn't it either - its last decade's news.

Not sure who will command the future but can be pretty sure both of them won't be there - they have the dead weight of their legacy to carry.

Duke of Con Dao wrote:

you'll have something else to talk about....

He could just make shit up.

I thought I would find Roger Clemens on here celebrating.

Eric Holder couldn't convict PeeWee Herman of being annoying.

But at least now Obama has a clear campaign platform:

Perjury for Pitchers.
Blowjobs for Bankers.
Predator Drones for anybody who complains about it.

You can't say "vagina" or "vasectomy" out loud Michigan?

are a bunch of assholes.

Eric Holder couldn't convict PeeWee Herman of being annoying.

merchants of fear wrote:

The publicity about big cash for short sellers was probably not a good thing for the banks...

So short sellers aren't taking a tax hit (sale coming under what's owed) or a credit rating hit anymore?

No tax hit until next year and that may be extended. The credit rating hit still happens. Didn't you see the articles about banks paying short sellers $25k-$45k to go that route? I'd bet more than a few are holding out for some cash...

here's what the self taught Chinese lawyer Chen said recently:
“If they don’t open an investigation in a timely manner, I will quickly make my next step,” he said. “Then the central government will not have an opportunity to be the good guy.”
...
is this guy for real? does he think he's a character in a Wong Kar Wei movie?

Didn't you see the articles about banks paying short sellers $25k-$45k to go that route?

You know anyone who got paid that much?

dryfly wrote:

Tom - can you ask around? Do your own personal polling?

I have. And it's a small sample. There are some who can make their payments, why sell? There is a very real anger at the banks, some are simply stalling as much as they can and some hope for a nice chunk of cash as an incentive to do a short sale. People are VERY angry with the banks. Quite a few are "Waiting for prices to recover" because they read the positive headlines about rising median prices and are mathematically illiterate or desperately need to believe that selling the house will get them the $ they need, if they just wait a little longer. Delusion, greed and fear. If people only weren't so human...

(CBS/AP) DETROIT - A Michigan lawmaker said support and campaign donations were rolling in Friday, a day after she was barred from speaking in the House because she used the word "vagina" during a debate on an anti-abortion bill.

Rep. Lisa Brown, a Democrat from suburban Detroit, was silenced after Republicans who control the chamber said she violated decorum. While speaking Wednesday against a bill requiring doctors to ensure women aren't coerced into ending their pregnancies, Brown told Republicans, "I'm flattered you're all so concerned about my vagina. But no means no."

Brown, of West Bloomfield, and another Democrat were told they couldn't speak on the floor Thursday when the House spent hours considering legislation before a five-week recess. Rep. Barb Byrum, of Onondaga, said she was benched after referring to vasectomies.

Those Republicans are truly slime.

Bubblisimo Gerkinov wrote:

Duke of Con Dao wrote:

you'll have something else to talk about....

He could just make shit up.

Of course he could.

Tom Stone wrote:

Catfood for Children?

Catfood FROM children.

merchants of fear wrote:

Didn't you see the articles about banks paying short sellers $25k-$45k to go that route?

You know anyone who got paid that much?

No, $7500 tops. It was all over the news, perception...is not reality. OWWW!

Tom Stone wrote:

Quite a few are "Waiting for prices to recover" because they read the positive headlines about rising median prices and are mathematically illiterate or desperately need to believe that selling the house will get them the $ they need, if they just wait a little longer. Delusion, greed and fear. If people only weren't so human...

And if they don't have to move - its an option not an imperative - why do it if you aren't going to make money doing it? Might as well wait.

The ones on the verge of foreclosure - or angling for a short sale - those are the folks I can't see why they would wait. Or if already REO. Move it. Move it now.

1 currency now -yogi wrote:

Those Republicans are truly slime.

Seems like just another version of American weirdness to me---certain types of violence in movies & TV--lots of gore, but none of it real, lots of violence but somehow the "hero" and sometimes the bad people bounce back almost immediately from major physical punishment, obsession w/huge guns, & other weapons, but women's sexual organs or even a vagina? Euwwww, yuck. Menstruation, double yuck. Even body hair, yuck. Only really big breasts & very long legs (as long as they're well waxed so hairless) are ok.

"Sex" is used to sell so much, but women's sexuality or physical realness is scary. Barbie is better.

dryfly wrote:

The ones on the verge of foreclosure - or angling for a short sale - those are the folks I can't see why they would wait. Or if already REO. Move it. Move it now.

Feelings. It's an emotional response.

azurite wrote:

Sex" is used to sell so much, but women's sexuality or physical realness is scary. Barbie is better.

There is a woman who made a fortune "Channeling" Barbie. Is this a great country, or what?

azurite wrote:

Barbie is better.

wish you could actually make a well thought out point instead of stringing a bunch of car bumper stickers together.

YouTube - Hookfoot - Shoeshine Boy 1969@by gledix.wmv

Tom Stone wrote:

Feelings. It's an emotional response.

I understand that. Here's an example:

4893 Hoen Ave, Santa Rosa, CA 95405 MLS# 21207590 - Zillow

These poor souls will lose $80-100K. But they're lucky: Look at the surrounding area. There is very little for sale, but tax reassessments have knocked 1/3 to 1/2 off the values of things. Wow! No wonder folks aren't excited about facing reality and dealing with the loss -- that's many years of salary up in smoke.

I don't think I fully understood the arithmetic of why CA is having an inventory shortage before sniffing around the tax reassessments on Zillow.

azurite wrote:

Tom Stone wrote:

There is a woman who made a fortune "Channeling" Barbie. Is this a great country, or what?

How do you channel a doll? Please tell me more . . . .

It's the "SPIRIT" of Barbie. She embodies beauty and success (Yuck). Ever see the bumper sticker "I want to be Barbie, THAT bitch has everything"...later, and sweet dreams.

JP wrote:

I don't think I fully understood the arithmetic of why CA is having an inventory shortage before sniffing around the tax reassessments on Zillow.

It makes a difference.

Can you enforce the rules based on the content of a member's speech rather than time? I think-- fucking-- not, Duke.

1 currency now -yogi wrote:

content of a member's speech rather than time?

if that content is meant to inflame passions I think most certainly.
otherwise, Holmes's 'shouting fire in a crowded theatre' would not
be a restraint on the 1st Amendment

Bubblisimo Gerkinov wrote:

There is that to be thankful for, yes.

Imagine what sorts of bad choices they would make. Certain interests, a certain way of life, must be protected. At all costs. Otherwise our world would come to a halt overnight. When you think about it, protecting our establishment elites is really a type of national security.

albrt wrote:

Cthulhu Dagon 2012 T-Shirt

http://boingboing.net/wp-content/uploads/2012/06/NewImage38.png

"How do you channel a doll? Please tell me more . . . "

Duke knows the doll maker, the doll and the doll's channel.

poic wrote:

Duke knows the doll maker, the doll and the doll's channe

that's the best you can do in 17 minutes?

Duke of Con Dao wrote:

that's the best you can do in 17 minutes?

STFU and make me a latte.

adornosghost wrote:

DEA agents battered down the door

that statement in itself is suspect... battered down a door... of a (wait for it) mobile home? LOL

Duke of Con Dao wrote:

if that content is meant to inflame passions I think most certainly.
otherwise, Holmes's 'shouting fire in a crowded theatre' would not
be a restraint on the 1st Amendment>

You're confused. Speech on the floor of a legislature should inflame passions. Shouting "fire..." can be made a crime because it precipitates harmful action by design (and carries no political message).

Duke of Con Dao wrote:

... battered down a door... of a (wait for it) mobile home? LOL

You're a bigger douchebag than people give you credit for.

Bubblisimo Gerkinov wrote:

You're a bigger douchebag than people give you credit for.

Duke just plays in the shallow end of the pool.
Wouldn't want any deep thinking.

dryfly wrote:

That will never happen in the next administration - they'll just take out the mobile home by drone.

That seems to be the pattern ... whatever violation of rights one administration puts into effect, the next entrenches ... and so on.

TJ and The Bear wrote:

Nice.

Hope and change---

dryfly wrote:

The guy did time in both Columbia and Thailand.

So did I.

dryfly wrote:

One party state. Can't say it too often.

Pepsi, and Pepsi Lite

Duke of Con Dao wrote:

you don't need to batter a door to a fifth wheel in order to open it...

Duke - mobile homes have doors that lock. If locked [and in most mobile home courts in Merica its a damn good idea to keep them locked]... you either knock and wait for somebody to open it OR you kick it in. The doors do not open themselves.

they'll just take out the mobile home by drone

You know, we are pretty far down the road and I don't think we can go back.

And I don't much like the look of the way forward.

I guess my only comfort is that Obama's children will have to live through this, and I don't have any.

YouTube - Phil Ochs - The Ringing of Revolution

sdtfs wrote:

Aren't those the soft drinks with the Korean logo on the cans?

http://cdn.baekdal.com/2008/baracklogo18.jpg

adornosghost wrote:

South Korea warns of social unrest without job growth

I can only imagine what happens when its China.

adornosghost wrote:

South Korea warns

global bail out deal coming soon.

Duke of Con Dao wrote:

are you that stupid? you don't need to batter a door to a fifth wheel in order to open it...

You don't "have" to but the DEA uses shock and awe and overwhelming presence to cow suspects.

All the ruling does is allow the case to go to trial before a jury. Presumably the case had been dismissed.

OK, who made the transcription "error"?

Rob Dawg wrote:

You don't "have" to but the DEA uses shock and awe and overwhelming presence to cow suspects.

The Second Amendment used to put a bit of fear in the Stormtroopers, but with current firepower, that is a thing of the past.

1 currency now -yogi wrote:

You are confused about freedom of speech.

in that case so is Zachariah Chafee... did you ever read his seminal book on the 1st Amendment?

The only speech that ever needs First Amendment protection is highly offensive speech-- just about by definition.

adornosghost wrote:

The Second Amendment used to put a bit of fear in the Stormtroopers, but with current firepower, that is a thing of the past.

Donald Scott.

1 currency now -yogi wrote:

The only speech that ever needs First Amendment protection is highly offensive speech-- just about by definition.

you jus' need lotsa money so your speech is louder than others'

albrt wrote:

But I don't see any way for things to get better in the lifetime of this generation, unless the 7.9 billion or so who are not in a position to benefit from the "singularity" are willing to exit politely, stage left.

"Our solution is our problem and its name is growth. We can’t live with it because, as Herman Daly points out, most growth is now uneconomic—we’re actually worse off because of it. More growth just means more debt, more pollution, more loss of biodiversity, and a further destabilization of the climate. And yet we can’t live without it: absent growth, there will be insufficient tax revenues and jobs, and existing debt levels will prove unsustainable in the starkest sense of that term.

The purely financial or monetary aspects of our dilemma will probably continue to take center stage in the public discussion. National treasury officials and central bankers will strive to stabilize the system, and may be able to do so for a while—probably a matter of weeks or months rather than years. They will need a long-term strategy, though, because eventually stimulus and bailout Band-Aids will lose adhesion. Yet there is little evidence of such a strategy."

RH

China Leads Nations Boosting IMF’s Firewall to $456 Billion - Bloomberg

That's a whopping 26B

REBear wrote:

China Leads Nations Boosting IMF’s Firewall to $456 Billion - Bloomberg

That's a whopping 26B

Without 2% growth, the ponzi game collapses.
That is not in anyone's interests, especially China.

adornosghost wrote:

Without 2% growth, the ponzi game collapses.
That is not in anyone's interests, especially China.

Except China needs 7-8%... talk about upping the ante.

TJ and The Bear wrote:

then shot the propane tank. BANG -- no trailer.

Is this probable? Or enhanced? I only ask because I saw a TV movie in which they disconnected a trailer rig from inside a cab while driving in a highly suspect way.

edit: never mind, I see Mythbusters was there first.

From google - No results found for "goth abby joseph cohen".

sdtfs wrote:

TJ and The Bear wrote:

then shot the propane tank. BANG -- no trailer.

Is this probable? Or enhanced?

I think you would have to hit the valve, just under the turn on knob. And not hit it dead center so there would be a spark from the bullet passing over the metal. That might blow the can, but won't go through the flow tube into the trailer.