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Old 08-08-2013, 04:42 PM   #4641
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In case you see it around, there is a commonly repeated but inaccurate (or straight-up false) factoid that says Reagan's administration and the associated Congress created "a million" jobs in one month.

In reality, about 700k union workers went on strike the month before and then returned to work the next month.

I seem to remember Obama playing this game with the census in his first term. Now he seems to be angling for the part-time workers, and those masses who will be thrown into this category because of Obamacare.
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Old 08-09-2013, 09:36 AM   #4642
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The states in blue are judicial foreclosure states. That means the mortgage lender has to go before a judge and court proceedings to actually foreclose on the house. The states in red are non-judicial. I am not sure what the procedure is for those states.

In general, the states with judicial processes have a much higher backlog of foreclosures. Florida has the double-whammy of being one of the states with the most foreclosures period + a judicial process which has really slowed down the "clearing" market effects.

It's not as extreme now, but I've heard plenty of stories in which people lived in a house with a distressed mortgage for a couple of years (rent/mortgage free) before the bank actually took posession of the property.


No real commentary from me, just an interesting observation.
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Old 08-09-2013, 09:49 AM   #4643
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Originally Posted by Scrappy Jack View Post




It's not as extreme now, but I've heard plenty of stories in which people lived in a house with a distressed mortgage for a couple of years (rent/mortgage free) before the bank actually took possession of the property.

I know of properties in NJ where the people abandoned the house in foreclosure and were asked to return by the bank to live rent-free until they re-cast the mortgage at a lower principal and interest.


NOTE: Would be nice to see the comparison in red state vs. blue state that I thought when I first looked at the chart.
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Old 08-09-2013, 11:03 AM   #4644
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I know of properties in NJ where the people abandoned the house in foreclosure and were asked to return by the bank to live rent-free until they re-cast the mortgage at a lower principal and interest.
That actually makes sense on the bank's part in a judicial state with a big backlog. If the long-time mortgagee stays in the property, they are more likely to maintain the property and the neighborhood. Otherwise, once the bank gets the house, it could be a Detroit Special, filled with squatters and stripped of piping and anything remotely valuable.


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Would be nice to see the comparison in red state vs. blue state that I thought when I first looked at the chart.
Here is the top ten, based on the 2012 election...

FL = Red
NJ, NY, ME, IL, NV, CT, HI, MD, OH = Blue

All but NV are judicial.

All standard caveats about correlation and causation apply.
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Old 08-09-2013, 01:26 PM   #4645
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Old 08-09-2013, 09:13 PM   #4646
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Breaking News: Fukushima Radiation Affecting Americans And There's No Way To Stop It | Elite Daily
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Old 08-09-2013, 09:27 PM   #4647
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So...they are finally getting even for Nagasaki and Hiroshima

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Old 08-10-2013, 12:49 AM   #4648
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So...they are finally getting even for Nagasaki and Hiroshima

Didn't they just dedicate a new "carrier" on the anniversary of Hiroshima? That's quite a bit better than dumping Poland's missile defense shield on the anniversary of the Russian invasion.
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Old 08-10-2013, 01:02 PM   #4649
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Interesting note about the statistics they use to describe what's happening... 330 tons per day, and 250,000 tons total.

Any idea how much 250,000 tons of water is? Neither does anybody else without some math. It sounds like a pretty big amount, right? The math show that's it's a few shy of 600 million gallons... which is also a huge number, but how much is it compared to something you know the size of?

Perspective... the Amazon dumps 600 millions gallons of water into the Atlantic every 10 seconds.

Perspective... The wave pool at Typhoon Lagoon is just shy of 3 million gallons.... so 200 of them.

Perspective... 1 million gallons:


Perspective... Knock Nevis, largest supertanker every built... 170 million gallons.


I'm not saying it's not a lot of contaminated water, but merely trying to point out that the article intentionally describes the amount of water in a way that nobody will have any idea how much it actually is... smacks of deception.
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Old 08-10-2013, 01:57 PM   #4650
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I'm excited to see how this turns out.
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Old 08-11-2013, 03:01 AM   #4651
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NAEP 'Indefinitely Postpones' Tests of U.S. History and Civics | National Review Online

Obama cuts history and civics tests indefinitely over "sequestration", or because history prior to Obama really isn't that important prior to Obama anyway, right?
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Old 08-11-2013, 04:44 AM   #4652
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Quote:
Originally Posted by samnavy View Post
Interesting note about the statistics they use to describe what's happening... 330 tons per day, and 250,000 tons total.

Any idea how much 250,000 tons of water is? Neither does anybody else without some math. It sounds like a pretty big amount, right? The math show that's it's a few shy of 600 million gallons... which is also a huge number, but how much is it compared to something you know the size of?
Its all about concentration. Thats what pisses me off about the pretty photo with the red yellow and green distribution.. what is yellow? What is red? Theres no graph showing distribution as far as rads go. You'd assume that by the red in the graph 90% of the population around japan would be suffering with leukemia by now.
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Old 08-13-2013, 01:50 PM   #4653
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To All Employees,

There have been some rumblings around the office about the future of this company, and more specifically, your job. Well the time has come for some facts to be laid out on the table. As you know, the economy has changed for the worse. The changing political landscape in this country and the second term of this President has made my decision for me.

However, let me tell you some little tidbits of fact which might help you decide what is in your best interests when you are considering your next moves.

First, while it is easy to spew rhetoric that casts employers against employees, you have to understand that for every business owner there is a back story. This back story is often neglected and overshadowed by what you see and hear. Sure, you see me park my Mercedes outside paid for with after tax dollars. ( and no its not a hybrid with some tax break from Obama) and I know that some of you have mumbled about it... but hey I earned it and you could have too if you worked like I did. You've seen my big home at last years Christmas party. I'm sure; all these flashy icons of luxury conjure up some idealized thoughts about my life.

However, what you don't see is the back story.

I started this company 28 years ago. At that time, I lived in a 300 square foot studio apartment for 3 years. My entire living apartment was converted into an office so I could put forth 100% effort into building a company, which by the way, would eventually employ you.

My diet consisted of Ramen Pride noodles because every dollar I spent went back into this company. I drove a rusty Toyota Corolla with a defective transmission. I didn't have time to date. Often times, I stayed home on weekends, while my friends went out drinking and partying. In fact, I was married to my business -- hard work, discipline, and sacrifice.

Meanwhile, my friends got jobs. They worked 40 hours a week and made a modest $50K a year and spent every dime they earned. They drove flashy cars and lived in expensive homes and wore fancy designer clothes. Instead of hitting the Nordstrom's for the latest hot fashion item, I was trolling through the Goodwill store extracting any clothing item that didn't look like it was birthed in the 70's. My friends refinanced their mortgages and lived a life of luxury. I, however, did not. I put my time, my money, and my life into a business with a vision that eventually, some day, I too, will be able to afford these luxuries my friends supposedly had.

So, while you physically arrive at the office at 9am, mentally check in at about noon, and then leave at 5pm, I don't. There is no "off" button for me. When you leave the office, you are done and you have a weekend all to yourself. I unfortunately do not have the freedom. I eat, and breathe this company every minute of the day. There is no rest. There is no weekend. There is no happy hour. Every day this business is attached to my hip like a 1 year old special-needs child. You, of course, only see the fruits of that garden -- the nice house, the Mercedes, the vacations... You never realize the back story and the sacrifices I've made.

Now, the economy is falling apart and I, the guy that made all the right decisions and saved his money, have to bail-out all the people who didn't. The people that overspent their paychecks suddenly feel entitled to the same luxuries that I earned and sacrificed a decade of my life for.

Yes, business ownership has is benefits but the price I've paid is steep and not without wounds.

Unfortunately, the cost of running this business, and employing you, has eclipsed the threshold of marginal benefit and let me tell you why:

I am being taxed to death and the government thinks I don't pay enough. I have state taxes. Federal taxes. Property taxes. Sales and use taxes. Payroll taxes. Workers compensation taxes. Unemployment taxes. Taxes on taxes. I have to hire a tax man to manage all these taxes and then guess what? I have to pay taxes for employing him. Government mandates and regulations and all the accounting that goes with it, now occupy most of my time. On Oct 15th, I wrote a check to the US Treasury for $888,000 for quarterly taxes. You know what my "stimulus" check was? Zero. Nada. Zilch.

The question I have is this: Who is stimulating the economy? Me, the guy who has provided 52 people good paying jobs and serves over 2,200,000 people per year with a flourishing business? Or, the single mother sitting at home pregnant with her fourth child waiting for her next welfare check? Obviously, government feels the latter is the economic stimulus of this country.

The fact is, if I deducted (Read: Stole) 50% of your paycheck you'd quit and you wouldn't work here. I mean, why should you? That's nuts. Who wants to get rewarded only 50% of their hard work? Well, I agree which is why your job is in jeopardy.

Here is what many of you don't understand ... to stimulate the economy you need to stimulate what runs the economy. Had suddenly government mandated to me that I didn't need to pay taxes, guess what? Instead of depositing that $888,000 into the Washington black-hole, I would have spent it, hired more employees, and generated substantial economic growth. My employees would have enjoyed the wealth of that tax cut in the form of promotions and better salaries. But you can forget it now.

When you have a comatose man on the verge of death, you don't defibrillate and shock his thumb thinking that will bring him back to life, do you? Or, do you defibrillate his heart? Business is at the heart of America and always has been. To restart it, you must stimulate it, not kill it. Suddenly, the power brokers in Washington believe the poor of America are the essential drivers of the American economic engine. Nothing could be further from the truth and this is the type of change you can keep.

So where am I going with all this? It's quite simple. I QUIT! I AM CLOSING THE BUSINESS!

With all the new taxes and regulations levied on me and my company,With Obamacare about to become mandatory in 2015 now... my reaction are swift and simple.

I'm done You can plead with the government to pay for your mortgage, your SUV, and your child's future. Frankly, it isn't my problem any more. You were not prepared to fight alongside me for what was our collective American Dream.. So I am done.

I am closing this company down, and retiring. Yes I'm done. I'm done with a country that penalizes the productive and gives to the unproductive. My motivation to work and to provide jobs will be destroyed, and with it go your jobs. I am sorry but at some point I must stop. Read the book Atlas Shrugged... you'll understand it all better.

You lost your job not because the American Economy was not viable. You lost it because the Obama Cabal is hell bent on destroying you.. THE WORKING MIDDLE CLASS. He has a plan to fundamentally transform America into a Socialist Oligarchy. He has steamrolled the constitution, and he along with his IRS, OBAMACARE, EPA, DHS, HHS, EBT PROGRAMS, AND A HOST OF OTHER REGULATORY AGENCIES will have changed its landscape forever. Soon he will take away your guns through various regulations. Then you will not be able to resist. You will all meekly become nameless workers in a Socialist system. RFID chip and all !!

Its happening right before your eyes and you do nothing. I have the luxury of being able to quit while I am ahead. Before they stop us from doing through some new banking regulation I will now transfer my LEGAL MONEY out of the country. .. my family and I will be sitting on a beach, retired somewhere with no employees to worry about....

Now the time has come for you to worry about yourselves. If you are not prepared to open your eyes and see what is coming you will deserve what you WILL get.

I for one, like hundreds of thousands of small business owners am done playing your "Daddy" ... ask the Obama Cabal to do that!!

Signed,

Your Boss
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Old 08-14-2013, 02:09 PM   #4654
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Treasury Ran $98 Billion Deficit in July--But Debt Stayed Exactly $16,699,396,000,000 | CNS News

I wish I could do this.
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Old 08-14-2013, 02:14 PM   #4655
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You mean lie?
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Old 08-14-2013, 02:24 PM   #4656
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something like that, yes.
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Old 08-14-2013, 02:27 PM   #4657
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More Fast and Furious guns surface at crimes in Mexico - CBS News
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Old 08-14-2013, 03:30 PM   #4658
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FEDERAL PROGRAM: BECOME AN ACTIVIST LEFTIST LAWYER, FOR FREE

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Elite and expensive law schools are promoting a program to graduate swarms of activist leftist lawyers at federal taxpayer expense. The U.S. Department of Education program, called "Public Service Loan Forgiveness," would result in unlimited numbers of students at the most expensive American law schools obtaining law degrees for free--as long as they practice law to advance leftist causes.

Law schools like Georgetown are blatantly promoting the tuition-free ride:

"public interest borrowers might not pay a single penny on their loans--ever!"

The program works like this. Law schools with a particular affinity for left wing causes--count Georgetown, George Washington, Cal Berkeley, and NYU among them--promise to pay a law graduate's student loan payments up to a certain amount, provided they are engaged in "public interest" law.

Because these school-sponsored subsidies to leftist lawyers often are limited to only ten years after graduation, the borrower-lawyer is forced to pay any loan payment after that.

That's where the federal government program kicks in. The federal government program forgives the remainder of the loan, as long as the lawyer is practicing in left-wing dominated "public interest" law.

While the program relates to "public interest" lawyers, public interest law is widely understood to be the practice of law with left-wing causes. Conservative law students who wish to work for conservative public interest organizations are routinely denied access to school benefits reserved for leftist "public interest" practices. Conservatives wishing to adopt the label do succeed sometimes, but usually must fight an entrenched institutional bias against them at American law schools.

The program says employment with the government or a 501(c)(3) organization qualifies. The number of leftist 501(c)(3) organizations dwarfs the handful of conservative 501(c)(3) organizations engaged in public litigation. The qualification has the discriminatory impact of subsidizing the left.

Law school student organizations and "public interest" clubs are also nearly exclusively leftist in orientation, especially at the most elite law schools. You don't find many Second Amendment clubs on campus.

The federal program, combined with the ideological biases of elite American law schools, has created incentives to produce increasing numbers of leftist activists with law degrees who will then practice at groups pushing for racial quotas and discrimination, against election integrity measures, against the free market and any other of the foundation-funded anti-freedom causes.

Under this program, leftist activist law students have no incentive to seek more reasonably priced legal educations. They will gravitate toward the most elite and most expensive law schools. These elite schools have conveniently drifted away from providing a traditional utilitarian legal education, and instead are heavy on curriculum designed to aid ideological activism.

And you, the American taxpayer, are helping their cause.
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Old 08-14-2013, 03:45 PM   #4659
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Really? Georgetown lumped in as having "a particular affinity for left wing causes?"

This is a picture of two Georgetown-affiliated attorneys, Levy and Gura:



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Old 08-15-2013, 12:36 PM   #4660
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Thousands Wait In Line For Subsidized Housing Applications CBS Chicago
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