What happened to all of the doom and gloom economic threads?

[richard_daily]

Jews are minorities.

Minorities, we have been repeatedly told, cannot, by definition be racists.

You're silent whenever Throb goes after my and my daughter's minority status, so why the hell should I get my panties in a wad if someone merely uses the word nigger?

And to revisit my earlier point, as hateful as their speech is, it pales in comparison that you guys display for your fellow Americans because they simply will not shut the fuck up and become good little Socialists.

Ah, so you're already changing your argument... before, it was "performance art", but now you're just saying that he isn't able to be racist.

So the new black panther party isn't racist, by your own admission?

Sounds fair... Of course, you'll be expected to be consistent on this matter.

I have had words with rob about his tactics, but they're no worse than yours, and certainly no worse than busybody's. I notice you didn't mention jamesbjohnson... why is that?

 

[mercury14]

Last July 6, 2010, former DOJ official J. Christian Adams testified before the U.S. Commission on Civil Rights that attorneys in the civil rights division were instructed to ignore cases that involve black defendants and white victims. Adams said that “over and over and over again,” the department showed “hostility” toward those cases, including the New Black Panther voter intimidation case. Adams said that some people in the DOJ “argued that the law should not be used against black wrongdoers because of the long history of slavery and segregation. Less charitable individuals called it ‘payback time.’”

...

As reported and applauded by Politico, Holder announced Tuesday that he was fed up with listening to whining whites who claim the justice department deliberately blocks investigations of black on white racism. Predictably, the Establishment media sides with Holder.

“Think about that,” Holder said. “When you compare what people endured in the South in the 60s to try to get the right to vote for African Americans, to compare what people subjected to that with what happened in Philadelphia, which was inappropriate .. .to describe it in those terms I think does a great disservice to people who put their lives on the line for my people,” said Holder, who is black.

Holder noted that his late sister-in-law, Vivian Malone Jones, helped integrate the University of Alabama. “To compare that kind of courage, that kind of action, to say some Black Panther incident is of greater concern to us, historically, I think just flies in the face of history,” Holder said with evident exasperation.”

Okay but post a link where he says blacks cant be racist.

Because that's your point.

 

[richard_daily]

Link where Eric Holder said minorities can't be racist.

You shouldn't ever bother talking about the NBP. The only reason you've ever heard of that tiny fringe group is because of your conservative fearmongers.

AJ already told us that minorities can't be racist... so it should be a non-issue for him. I wonder if veteman will go on record agreeing with this sentiment, or if he'll take his typical cowardly approach do this sort of thing?

Also, since when does AJ consider Eric Holder an authority figure?

 

[mercury14]

AJ already told us that minorities can't be racist... so it should be a non-issue for him. I wonder if veteman will go on record agreeing with this sentiment, or if he'll take his typical cowardly approach do this sort of thing?

Also, since when does AJ consider Eric Holder an authority figure?

Basically AJ just made shit up again and got nailed for it. Just another Tuesday.

 

[busybody..]

On the other hand, have you ever seen these clowns taking Throb to task over his racism and homophobia?

unlike you, Anquan

I dont give a shit

 

[RobDownSouth]

People like you and Throb resort to racist nomenclature at the drop of a hat in order to try and shut people up.

I don't see you being harsh with Throb when he call my daughter a gook, in fact, you laugh and carry on with his because he's of your polity. You now calling me out is the rankest hypocrisy.

Aw AJ, I wanna be "performance art" too!

I truly enjoy bringing up the fact that you hide like a coward behind your situational Native American status each time race is invoked.

And I do enjoy pointing out your double standard about "racism", which makes it perfectly permissible for you to proudly tell us how much you enjoy calling LT a "nigger" BUT you get a case of the vapors when I refer to your pretend "daughter" as a "RentAGook™".

Tell ya what, Tonto, you apologize to LT for the "nigger" comment and I'll apologize to you and we'll live happily ever after.

....but we both know that won't happen, because you enjoy playin' the Victim Card too much.

 

[Beco]

AJ already told us that minorities can't be racist... so it should be a non-issue for him. I wonder if veteman will go on record agreeing with this sentiment, or if he'll take his typical cowardly approach do this sort of thing?

Also, since when does AJ consider Eric Holder an authority figure?

Veteman is a homo

 

[busybody..]

Veteman is a homo

Not that there is ANYTHING wrong with that

 

[Beco]

Not that there is ANYTHING wrong with that

not a bad gig if you think about it, dating a gay man, good job, no kids, great dresser and knows all the good restaurants....what's not to like??

 

[eyer]

Greece’s ailing economy grinds to a halt

By Joshua Chaffin in Athens

Last week, Medical Service Limited, a small Athens’ supplier of medical equipment that can no longer afford to pay its employees, received what should have been a blessing: an order from one of the city’s hospitals for a heart monitoring machine.

But after thinking it over, Yannis Stamos, the company’s co-founder, turned the customer away. Filling the order would have meant reaching into Medical Service’s own pockets to cover the €35,000 cost of such a machine, since Greek banks have stopped lending and the company’s German suppliers now demand pre-payment in cash.

Even if it could foot the bill, Medical Service would then have to hand over thousands of euros in sales tax to the Greek government within a month – long before any hospital is likely to pay.

“It’s a terrible situation,” Mr Stamos says. “Everything is frozen. The economy is dead, and no one is paying anyone.”

~

“We have got to a point where we’re at a complete standstill,” said Constantine Michalos, the president of the Athens Chamber of Commerce.

http://www.ft.com/cms/s/0/e79024a2-ba28-11e1-84dc-00144feabdc0.html#axzz1yI18j0vA

 

[4est_4est_Gump]

OH HOT DIGGITY!!!!




The markets are SURGING!!! We're BA-a-a-a-a-a-a-K!

Nothing like FREE MONEY to brighten a day and reelect Obama!



Meanwhile:

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/e79024a2-ba28-11e1-84dc-00144feabdc0.html#ixzz1yKYJuotM

Last week, Medical Service Limited, a small Athens’ supplier of medical equipment that can no longer afford to pay its employees, received what should have been a blessing: an order from one of the city’s hospitals for a heart monitoring machine.
But after thinking it over, Yannis Stamos, the company’s co-founder, turned the customer away. Filling the order would have meant reaching into Medical Service’s own pockets to cover the €35,000 cost of such a machine, since Greek banks have stopped lending and the company’s German suppliers now demand pre-payment in cash.

Greece is shutting down. Can Spain and Italy be far behind?

I'm Hungary for some French-fried €PIIGS!
A_J, the Incredulous


http://www.ft.com/intl/cms/s/0/e79024a2-ba28-11e1-84dc-00144feabdc0.html#axzz1yKQZ3S00

 

[4est_4est_Gump]

If the Private Sector is doing just fine...




Why is the Fed planning another money dump?

 

[unregistered]

 

[4est_4est_Gump]

I wonder if people are expecting too much from the Fed this time around.

Ya think?

 

[unregistered]

 

[4est_4est_Gump]

It almost feels like a big build up to a big let down.

Hey, by Friday, we might even break through that all-important 13K mark and Obama will be reelected by popular acclaim...




























... yet again.

 

[4est_4est_Gump]

Did someone say, Double-Dip???

By Irwin Kellner, MarketWatch
PORT WASHINGTON, N.Y. (MarketWatch) — The fiscal cliff may be six months away, but it is already affecting the United States economy.

As I warned at the beginning of last month ( see column ), unless current law is changed, taxes will rise and spending will fall big time, come year-end.

Taxes are set to jump by $500 billion, while federal spending is set to decline by more than $130 billion. Combined, this will equal 5% of our gross domestic product.

Along with Europe’s debt crisis and the uncertainties over the longevity of the euro, this is enough to turn weak growth into an outright downturn — in other words, a new recession.

And as I pointed out back on May 1, don’t think for one minute that this scenario will not unfold until 2013. It will very likely unfold sooner.

Guess what, it is already here. The last few weeks’ worth of economic data were bad across the board. Here is just a sample:

• retail sales in May were much weaker than expected;

• not surprisingly, unsold goods piled up in the nation’s warehouses;

• weekly jobless claims have jumped sharply;

• payroll employment rose only slightly in May for the third straight month;

• the unemployment rate increased — the first monthly rise in a year;

• consumer sentiment fell to a six-month low;

• consumers’ buying power is contracting;

• our trade deficit rose more than anticipated;

• factory output declined in May for the second time in three months;

• and, of course, the housing imbroglio remains ongoing.

A recent poll aired Monday on Fox News revealed that 3 out of every 4 people contacted think we are already in a double-dip recession.

Not surprisingly, both businesses and consumers are hunkering down.

I can’t say that I blame them. After all, what firm would want to ramp up its investments in new plants or equipment — not to mention adding to their workforce — given the dire scenario that apparently lies ahead? For their part, consumers are once again closing their wallets, expecting the worst.

It does not take a rocket scientist to see that these fears are rapidly morphing into reality — the reality of a largely preventable recession.

http://www.marketwatch.com/story/its-closer-than-you-may-think-2012-06-19

 

[unregistered]

 

[4est_4est_Gump]

We can always print more.

HOPE! TRANSFORMATIVE CHANGE!!!

 

[busybody..]

Readbooksnotblogs.....................

 

[4est_4est_Gump]

Readbooksnotblogs.....................

What was the mantra in 2004 and 2008...?



Gee busybody, maybe it's not a recession, but down here, it sure feels like Juan!

 

[busybody..]

With 3% GDP

With 5% unemployment

It was the worst economy since HH

And Bush was McChimpy Hitler

 

[4est_4est_Gump]

With 3% GDP

With 5% unemployment

It was the worst economy since HH

And Bush was McChimpy Hitler

Hey, it still IS!



Smelly, smelly BUSssssssssssssssssssssssssssssssssssssssssssssssssH, my PRECIOUS!

 

[4est_4est_Gump]

Quite a lot has been said about what Obama's instant amnesty scheme means in the purely procedural sense -- that it's illegal and unconstitutional on its face, all of which is undeniable. What we haven't heard discussed is what it's actually for. It's being taken for granted that it's of a piece with general Democratic corruption at the voting booth -- ACORN, Black Panthers swinging nightsticks, phantom voters, Eric Holder defending the voting rights of the deceased, and so forth.

But in fact, it's much more straightforward than that. Obama's amnesty ukase is simply Chicago writ large.

While Chicago-style machine politics is the politics of the deal, it's also the politics of the handout. Chicago Democrats have retained power for generations not only by trading favors with their peers, but by carefully parceling out favors to the canaille -- aka, the voters. These can range from a city job for Junior after high school to a contract for a small business owner to the traditional holiday food basket handed out to the desperately poor by local precinct bosses. Such practices have been central to big-city politics since the heyday of Tammany and Boss Tweed, and they still exist in most cities, though seldom as blatantly and primitively as in Chicago. In the Windy City, it essentially stands as an outgrowth of old-world social mores, in which the peasant acts as a client to the local landlord or padrone, promising loyalty in exchange for crumbs. Chicago, almost uniquely, has extended it straight into 3rd millennium.

Obama is attempting to translate this sociopolitical anachronism to the national stage as the next step in identity politics. His amnesty is in effect a huge food basket given to illegal immigrants in hopes that the entire community -- and this includes legal and even native-born Hispanics as well -- will cast their votes for the padrone, in this case Barack Obama.

It becomes apparent what Obama's electoral strategy is going to be. He will hand out goodies to one after another interest group over the next five months -- favors intended to cement customary support or swing the undecided over to the Democrats. We can look forward to further executive orders containing handouts to every imaginable interest group, including blacks, gays (gay marriage is a likely possibility), unions (card check), American Jews ("Inmate Pollard, report to the warden's office."), and for all I know, the Church of Scientology. (Wait...didn't Big Bill already try that?) By this means, Obama hopes to encourage the traditional Democratic coalition while dragging in enough new voters to put him over the top. And all he needs is to continue dropping an executive order every couple of weeks. He must think he's discovered the political philosopher's stone.

Has he? Can this work? The one problem with handing out political favors is that they usually impose a cost on somebody else. The amnesty will take jobs from average Americans amid the worst employment market in a generation (look for a large working-class giveaway sometime late in the summer as an effort to overcome this factor). In Chicago, the handout culture required an eternal and constant balancing act in which each faction, ethic, political, or otherwise, got only so much of what it desired along with promises of more in the future. (One result of this is near-permanent social stasis, with the city remaining essentially unchanged for decades. Chicago to this day remains one of most self-segregated major cities in the U.S.)

It must be admitted that pulling this off is a neat trick, one requiring a substantial amount of skill in manipulating ethnic and social groups. The problem for Obama is that he's never shown any sign of skill at this kind of thing whatsoever. In Chicago, he was not a patron at all, but merely another client, someone who accepted favors (a new house, a senatorship) as opposed to handing them out. Obama's idea of persuasion involves a flick of the lion's-tail whisk at which everyone is supposed to fall into line uttering hosannas. This has not worked for him yet and is unlikely to start now. He simply does not possess the subtlety of an FDR, who could not only pull off comparable maneuvers with clocklike regularity, but also persuade the targets that it was their own idea.

J. R. Dunn

Read more: http://www.americanthinker.com/2012/06/prince_of_handouts.html#ixzz1yKmpfgnb

 

[4est_4est_Gump]

As the preconditions of voluntarism and choice vary in the economy, the definitions of "selfishness" tend to become altered in the language. In a free economy, people trade their labor at their own discretion. It thus becomes a moral affront akin to "selfishness" to take the fruit of another person's labor, since one is free to work hard himself and is expected to trade value in kind.

In a socialist economy, withholding labor is considered "selfishness." Enslavement to the central managers and to one another follows of its own accord.

It has been a ploy of the left to alter the language in America to that of a socialist society's in order to lead citizens by the nose into a centrally planned state (or in some cases, world). The notion that the economy is like a "pie" is one example of a static concept common in the culture that leads people into socialistic thinking.
What's my fair share? What's my slice of the pie? Well, the pie had to be baked, dummy. Did you roll the dough?

The quickest way to see how selfish the left really is would be to threaten a social welfare program. Any social welfare program. Believing that unearned money is part of their "just deserts" for the feat of being born onto the planet, they are radicalized whenever their steady stream of reality-avoiding income is threatened.

Relatedly, it is an implication of "prospect theory" that people tend to fear losses more than they esteem gains. Essentially, if a rich person is on a bridge and he sees a $100 bill floating in the river, he would be extremely unlikely to jump into the water after it (all Ebenezer Scrooge parodies of conservatives aside). But if a poor person had his last $100 with him on a bridge and he let slip of it into the river, he very well might dive into the water to quixotically try to track it down.

Now one gets why the Cloward-Piven theory would be very effective at radicalizing people when put into practice. Quick-and-dirty: sign as many poor people as possible up for near subsistence level welfare, and as the productivity drops and the debt grows, get your political opposition to threaten taking it away. Watch the sparks fly.

But the left has made it a shtick to feign generosity while directing the government to confiscate unearned money and to redistribute it to hook capable human beings on just-above-subsistence-level incomes. Those who fall prey to this scheme become the truly selfish citizens who demand that others cater to their every need. Meanwhile, those who just want to live their own lives, keep the fruit of their own labor, and to be left alone become falsely demonized as "selfish."

And this is the great trick and the tremendous threat of ObamaCare, and why it must be struck down: if every one of a person's choices is so constructed in a regime to have direct bearing on the life and livelihood of everyone else's, then the populace is permanently divided amongst itself, and the government has effective control over the life of every citizen-subject. Simply desiring to live one's life as one sees fit becomes a threat to the life and health of everyone else around him. Totalitarianism necessarily follows.

In conclusion, those people seeking to control the lives of other human beings and direct them towards serving their needs (needs that the overwhelming majority of human kind are capable of providing for themselves in a free economy) are trying to gain that which does not rightfully belong to them. Those who are leaving others alone, and are asking only to be left alone, are not selfish. They are not unselfish. They are simply self-sufficient, and they should be applauded for not burdening society and for fulfilling their own wants and needs.

Read more: http://www.americanthinker.com/2012/06/why_liberals_are_selfish.html#ixzz1yKr0cKSb