American Stocks Fall In Biggest Beginning-of-Year Sell-Off in Ten Years, After China's Shanghai Markets Plunge 7% In One Day

China, which already was in a crash, crashed further.

The Shanghai market fell nearly 7% Monday on the first trading day of the year, its worst day since the height of last summer’s market crash. The selloff triggered circuit-breakers on their first day in effect, shutting down the market in the early afternoon.

The most obvious factor behind the selloff was a private index of manufacturing activity in China, which showed that business had slowed for the 10th consecutive month for the country’s steelmakers, shipbuilders and other industries.

After falling 470, the Dow Jones recovered a bit to finish down only 276.

China's apparently continuing to slide into a recession, and that seems to be hurting the global economy.

Which is already weak, despite what Obama and his media bobby-soxers say.

Meanwhile, a new Pew study finds that the middle class is being "hollowed out," -- some are becoming rich, more are becoming poor, and the vital, stabilizing force that is the middle class is shrinking.

In 1971, about 61 percent of adults lived in middle-income households (defined as three-person households with incomes from $41,869 to $125,608 in today’s dollars). By 2014, that share had dropped to 50 percent. Meanwhile, the share of low-income households (households with incomes of $41,868 or less) grew from 25 percent to 29 percent, and the share of upper-income households (incomes above $125,60 increased from 14 percent to 21 percent.
But the study convincingly rebuts the notion that the living standards of most Americans had stagnated for many decades. Pew calculated household incomes, adjusted for inflation, all along the economic spectrum and found that, until the early 2000s, most households reaped slow but steady increases. Growing inequality did not siphon off all gains for those who are not rich...

Maybe not, but middle classes wages have been stuck for a long while, since the "early 2000s."

At least Bush had the 9/11 disaster to explain the economy.

Whatever we do we need to elect Hillary Clinton president, to continue Obama's bang-bang success on the foreign and domestic fronts. That's all I know.

Meanwhile... Obama continues using executive actions to benefit workers -- Foreign workers, that is, at the expense of American ones.

Posted by: Ace at 05:33 PM

Comments

(Jump to bottom of comments)

1 Is this another trick?

Posted by: Sherry McEvil, Stiletto Corsettes now franchising Lulu Snackbars at January 04, 2016 05:34 PM (kXoT0)

2 Worst economy in ____ years!

Posted by: Joe Mama at January 04, 2016 05:35 PM (j/0iw)

3 Bush's fault. Never forget.

off topic but funny, seen at weaselz:

"Bill Clinton made his speaking debut on the 2016 campaign trail Monday by telling voters about the softer side of his wife, Democratic presidential front-runner Hillary Clinton."

[one can readily imagine the softer parts of Hillery! but not when I'm sober, please.]

Posted by: Satan -- break time! at January 04, 2016 05:36 PM (qSIlh)

4 3

Posted by: Ed Anger at January 04, 2016 05:36 PM (RcpcZ)

5 Well not to worry...The Feds can always lower Interest Rates by the 1/4 point again...LMAO

Posted by: Nevergiveup at January 04, 2016 05:36 PM (gf8BH)

6 Que up "Happy Days Are Here Again".

Posted by: Joe Mama at January 04, 2016 05:36 PM (j/0iw)

7 Still 20% overvalued. At least.

Posted by: Grump928(c) says Free Soothie!, with purchase of commentor with equal or greater value at January 04, 2016 05:36 PM (evdj2)

8 Though it's hard to tell with the debasement of the dollar.

Posted by: Grump928(c) says Free Soothie!, with purchase of commentor with equal or greater value at January 04, 2016 05:37 PM (evdj2)

9 Whatever we do we need to elect Hillary Clinton president, to continue
Obama's bang-bang success on the foreign and domestic fronts. That's all
I know.

That's a 'gutsy call', Ace!
Definitely 'strategic patience' in a 'leading from behind' kind of way.
Just muscular enough to not be mocked....

Posted by: Lizzy at January 04, 2016 05:38 PM (NOIQH)

10 But unemployment is only 5%.

Posted by: Prince Ludwig the #Problematic at January 04, 2016 05:38 PM (/FOB4)

11 The stock market is very rude!

Posted by: Hillary Clinton at January 04, 2016 05:38 PM (cFyyY)

12 China doesn't have all those 401k's to back them up. The slide seems to be picking up speed.

Posted by: Soona at January 04, 2016 05:38 PM (Fmupd)

13 Leading with her behind.

Posted by: Grump928(c) says Free Soothie!, with purchase of commentor with equal or greater value at January 04, 2016 05:39 PM (evdj2)

14 All those giant, new empty cities were bound to hurt at some point.

Posted by: Ricardo Kill at January 04, 2016 05:39 PM (LA7Cm)

15 Don't worry. Adjusted numbers from the CBO will have this Depression recorded as a net 3.5% growth in the economy, with 30 million new jobs created in 2106.

Prosperity is just around the corner!

Posted by: Joe Mama at January 04, 2016 05:39 PM (j/0iw)

16 All those giant, new empty cities were bound to hurt at some point.

But enough about Detroit ...

Posted by: Grump928(c) says Free Soothie!, with purchase of commentor with equal or greater value at January 04, 2016 05:39 PM (evdj2)

17 Leading with her behind.
Posted by: Grump928(c) says Free Soothie!, with purchase of commentor with equal or greater value

That's a big lead.

Posted by: Prince Ludwig the #Problematic at January 04, 2016 05:39 PM (/FOB4)

18 one can readily imagine the softer parts of Hillery!

Her liver is harder than Chinese Arithmetic.

Posted by: DaveA at January 04, 2016 05:39 PM (DL2i+)

19 Bolling is insisting that a big part of this is the brewing Sunni/Shia all out civil war.

And Juan is plumbing new depths of stupid.

Posted by: JackStraw at January 04, 2016 05:40 PM (/tuJf)

20 So then the question becomes, do you want a career politician or a businessman leading the country?

Posted by: IC at January 04, 2016 05:40 PM (a0IVu)

21 But Bernie would make it so the government would take over for the people.
The people would own everything. The socialist way.

Posted by: Colin at January 04, 2016 05:40 PM (T3Tpd)

22 So then the question becomes, do you want a career politician or a businessman leading the country?

I thought that was the question last time.

Posted by: Grump928(c) says Free Soothie!, with purchase of commentor with equal or greater value at January 04, 2016 05:41 PM (evdj2)

23 It's all for the Syndicate, and everyone has a share.

Posted by: Grump928(c) says Free Soothie!, with purchase of commentor with equal or greater value at January 04, 2016 05:41 PM (evdj2)

24 22 So then the question becomes, do you want a career politician or a businessman leading the country?

I thought that was the question last time

Indeed; and 'we' (well, not me personally) chose unwisely.

Posted by: IC at January 04, 2016 05:42 PM (a0IVu)

25 I seem to recall reading recently that China's economy was projected to grow by *only* 7% in the coming year. 0bama couldn't grow the USA economy by that anything remotely close to that number given eight years.

So I don't understand investors in China who are so pessimistic.

Posted by: free range jihadist at January 04, 2016 05:42 PM (fbovC)

26 Hmm. must be SHIFT CHANGE!

Posted by: Grump928(c) says Free Soothie!, with purchase of commentor with equal or greater value at January 04, 2016 05:42 PM (evdj2)

27 All we have to fear is fear itself!

Posted by: Joe Mama at January 04, 2016 05:42 PM (j/0iw)

28 It's all the fault of "Wall Street fat cats" and the only solution is for the government to take the money. For our own good.

Posted by: wooga at January 04, 2016 05:43 PM (cFyyY)

29 All we have to fear is fear itself!

That, and the starvation and murder, but mostly, the murder stuff.

Posted by: Grump928(c) says Free Soothie!, with purchase of commentor with equal or greater value at January 04, 2016 05:43 PM (evdj2)

30 Whatever we do we need to elect Hillary Clinton president, to continue
Obama's bang-bang success on the foreign and domestic fronts.

I can't take any more bang-bang.

Posted by: The Chicken at January 04, 2016 05:43 PM (DLu2s)

31 The aliens are fucking with the stock market. That's my take.

Posted by: Sir Hillary Edmund Rodham Clinton at January 04, 2016 05:43 PM (8ZskC)

32 Where is Mr. Moo Moo when we need his advice?

Posted by: Cicero (@cicero) at January 04, 2016 05:44 PM (8ZskC)

33 You know what would fix this economy?

More "smart bras" and bionic penises.

And that, my friends, could be the working premise for TWO new TV Shows.

They can build him better, faster, bigger and harder.

THE BIONIC PENIS!

Sherlock Holmes? He was a piker.
Get ready for the new detective series,

THE WOMAN WITH THE SMART BRA!

Posted by: Bossy Conservative...now older and senile at January 04, 2016 05:44 PM (RFeQD)

34 The WPA will save the day!

...
I think I am having a stroke, or channeling spurwing.

BRB after some Valu-Rite.

Posted by: Joe Mama at January 04, 2016 05:44 PM (j/0iw)

35 So which comes first. "Warmest winter on record!" or "Economy slow because of extreme cold!" You know both are going to be used.

Posted by: buzzion at January 04, 2016 05:45 PM (z/Ubi)

36 JT Marlin upgrades Amalgamated Lead & Brass Corp. to STRONG BUY

Posted by: JT Marlin at January 04, 2016 05:45 PM (8ZskC)

37 Well, I guess it's time to take my laser focus off of job creation and look into this...

XOX

JEF

Posted by: Bruce at January 04, 2016 05:45 PM (8ikIW)

38 Shut up and fetch us some arugala and a fappacino...

Posted by: The New Aristocracy at January 04, 2016 05:45 PM (vBeA5)

39 The only thing that can possibly solve this is to import millions upon millions of low skilled, poorly educated peasants from the 3rd world shit holes of this planet.

Which is currently the actual policy of the "United States of America"

What's that phrase again..??

"In the course of human events..."

Posted by: Kreplach at January 04, 2016 05:45 PM (YoXmX)

40 "You know what would fix this economy?"

Another trillion-dollar stimulus? Except moar and harder this time.

Posted by: Ricardo Kill at January 04, 2016 05:46 PM (LA7Cm)

41 Funny, but I'm doing just fine. The donations are just pouring into the Clinton Foundation For Global Raping.

Posted by: Sir Hillary Edmund Rodham Clinton at January 04, 2016 05:46 PM (8ZskC)

42 I seem to recall reading recently that China's economy was projected to grow by *only* 7% in the coming year.

That's according to the ChiCom government, who've been found to be just a bit, uh, disingenuous over the years.

As in lying sacks-'o-sh*t.

Posted by: Sort-of-Mad Max at January 04, 2016 05:46 PM (DLu2s)

43 Last week you had the people who wanted to take money out of the market in 2015, and today you had the people who didn't want it on their 2015 taxes.

The market poobahs who see 'China', this and that, fail to understand the impact of the US tax calendar on the typical American investor.

I still maintain that the dotcom meltdown was driven not because anyone realized it was a bubble or anything like that but because a whole lot of people had to sell in April 2000 to pay their 1999 cap gains.

Posted by: JEM at January 04, 2016 05:46 PM (o+SC1)

44 "It's all for the Syndicate, and everyone has a share."

Maybe so, but there's always a Catch-22 to ruin it for everyone, Milo... I mean, Grump928...

Posted by: Qoheleth at January 04, 2016 05:46 PM (iIzG7)

45 Hmmmm... How about "Cash for Clunkers"??

Posted by: Bruce at January 04, 2016 05:46 PM (8ikIW)

46 Factored for real inflation middle class employed people have lost big time. If you don't believe me take a walk through the grocery store and look at the prices.

Obama has been monetizing the debt since he got in office and throughout history that has always resulted in run-away inflation.

Posted by: Vic-we have no party at January 04, 2016 05:46 PM (t2KH5)

47 So which comes first. "Warmest winter on record!"
or "Economy slow because of extreme cold!" You know both are going to
be used.

Posted by: buzzion

Another set back for the 5 Year Plan, tovarich.

Wait 'till Comrade Obama reads about this in Pravda. He will be angry at the Capitalist Roaders!

Posted by: Bossy Conservative...now older and senile at January 04, 2016 05:47 PM (RFeQD)

48 >>I seem to recall reading recently that China's economy was projected to grow by *only* 7% in the coming year. 0bama couldn't grow the USA economy by that anything remotely close to that number given eight years.

>>So I don't understand investors in China who are so pessimistic.

Actually they came out recently and said that the 7% was not cut in stone. And believe it or not (pro tip, not) if the economy dips below 7% officially it will be the first time since 2009, right during the world wide recession.

The real growth is nowhere near 7% and never has been and now the facade is crumbling. Interesting times are here.

Posted by: JackStraw at January 04, 2016 05:47 PM (/tuJf)

49
The only thing that can possibly solve this is to import millions upon
millions of low skilled, poorly educated peasants from the 3rd world
shit holes of this planet.

And make sure they are paid $15 an hour, what could go wrong.

Posted by: Colin at January 04, 2016 05:47 PM (T3Tpd)

50 Eying those 401's...

Posted by: Gaylord Fuckstick at January 04, 2016 05:47 PM (XzRw1)

Better get them now while they're still worth something.

Posted by: Cicero (@cicero) at January 04, 2016 05:48 PM (8ZskC)

51 Heard that last summer the Chinese gov't forbade some sectors from selling while their market was so shaky. I think that prohibition was set to expire today, so everyone who had been losing money holding onto worthless stocks just dumped them on the Shanghai market.

Posted by: Old Blue at January 04, 2016 05:48 PM (9iR5/)

52 "Obama has been monetizing the debt since he got in office and throughout history that has always resulted in run-away inflation."

It is all going in accordance with his plan...

Posted by: Qoheleth at January 04, 2016 05:48 PM (iIzG7)

53 China's "Stock Market" is just a fantasy like ours. It helps keep the little yellow bastards busy investing in make believe money and building pretend cities so they aren't busy plotting the next revolution like in 1948.

Obama's chickens will be coming home to roost.

Posted by: Hairyback Guy at January 04, 2016 05:48 PM (ej1L0)

54 Hmmmm... How about "Cash for Clunkers"??

Posted by: Bruce

Is that a campaign fund for Hillary?

Posted by: Bossy Conservative...now older and senile at January 04, 2016 05:49 PM (RFeQD)

55 Obama's chickens will be coming home to roost.
Posted by: Hairyback Guy

No means No.

Posted by: The Chicken at January 04, 2016 05:50 PM (/FOB4)

56 Looks like an opportunity to me.

Buy into the Chinese index once this current slide bottoms. Right now is a bad time to be in US stocks or ( soon ) US dollars.

Posted by: Kristophr at January 04, 2016 05:50 PM (jLXo8)

57 The aliens are fucking with the stock market. That's my take.
Posted by: Sir Hillary Edmund Rodham Clinton

maybe the Space Traders will offer us gold in exchange for our welfare recipients.

Posted by: X at January 04, 2016 05:50 PM (57fhp)

58 At 5am heard on radio news China's stock market was automatically halted after a pre set decline, Sunnis wacked a Shia imam, oil prices drop because nobody really needs as much as they are producing because the economy sucks. And they know the free money loans isn't going to last forever.

Posted by: Skip at January 04, 2016 05:51 PM (C1Suc)

59 "Interesting times" indeed. I'm recommending hoarding metals.

In .30

Posted by: anon a mouse - now with more puppy! at January 04, 2016 05:51 PM (sdPF/)

60 "Right now is a bad time to be in US stocks or ( soon ) US dollars."

I've reallocated my holdings to precious metals. Lead, brass...

Posted by: Qoheleth at January 04, 2016 05:51 PM (iIzG7)

61
Early O/T

I see that Obama will announce his new gun control policy tomorrow at 11:40am.

Ordered another 500 rds of 9mm yesterday, for no reason other then, I wanted it.

Posted by: Village Idiot's Apprentice at January 04, 2016 05:51 PM (ptqRm)

62 What do you expect? Bush wrecked the economy so much that it will take at least 16 years of Democrats to fix it.

Posted by: Barack Obama at January 04, 2016 05:51 PM (FkBIv)

63

Root cause? The Rothschilds and Space Lizards.

Not necessarily in that order.

Posted by: Everybody over at ZeroHedge and Reason.com

Posted by: Laurie David's Cervix at January 04, 2016 05:52 PM (kdS6q)

64 maybe the Space Traders will offer us gold in exchange for our welfare recipients.
Posted by: X

Can we throw in bureaucrats and political office holders for free? Everything must go.

Posted by: Prince Ludwig the #Problematic at January 04, 2016 05:52 PM (/FOB4)

65 But with unemployment at the lowest levels EVAH massive unfettered immigration is needed to keep wages from skyrocketing.

Posted by: Burnt Toast at January 04, 2016 05:53 PM (T78UI)

66 'How did you go bankrupt?' Bill asked. 'Two ways,' Mike said. 'Gradually and then suddenly.'

Posted by: Grump928(c) says Free Soothie!, with purchase of commentor with equal or greater value at January 04, 2016 05:53 PM (evdj2)

67 Ordered another 500 rds of 9mm yesterday, for no reason other then, I wanted it.

Posted by: Village Idiot's Apprentice at January 04, 2016 05:51 PM (ptqRm)

Now if only you had something that could shoot them...

Posted by: Cicero (@cicero) at January 04, 2016 05:53 PM (8ZskC)

68 "... it will take at least 16 years of Democrats to fix it."

Sixteen years, and the economy WILL be fixed. And I mean that in the veterinarian sense, IYKWIMAITYD.

Posted by: Qoheleth at January 04, 2016 05:53 PM (iIzG7)

69 The real growth is nowhere near 7% and never has been and now the facade is crumbling. Interesting times are here.
Posted by: JackStraw

Gordon Chang has been predicting this for nearly 15 years. Maybe at last he will be right?

The Chinese economy is a riddle wrapped in an enigma. There is so much hidden in their banking and finance practices (with the government directly involved, how could that happen?). I don't think anyone can really guess HOW big or how much the Chinese economy has grown. I've been there several times in the last 15 years, and the country certainly APPEARS wealthier in many ways, but again, how can you tell?

Posted by: Bossy Conservative...now older and senile at January 04, 2016 05:54 PM (RFeQD)

70 Pew calculated household incomes, adjusted for inflation, all along the economic spectrum and found that, until the early 2000s, most households reaped slow but steady increases. Growing inequality did not siphon off all gains for those who are not rich...

Early 2000s. We keep seeing this as the high point of the middle class. Over the next buncha years 5,000,000 manufacturing jobs disappeared and coincidentally 5,000,000 American families moved from the 'homeowner' bracket into the 'renters' bracket.

So they want to blame Bush while actually Clinton pushing China 'permanent' most favored trade status is what pushed the American middle class off the ledge.

Posted by: free range jihadist at January 04, 2016 05:54 PM (fbovC)

71 Since the Chinese government pushed its citizens hard to invest in the stock market, then tried to prop up the market by refusing to let them sell their shares as the value of the investments evaporated, I would imagine investors over there are quite disillusioned right now. A "lack of confidence" as it were. I really think Chna's going over the edge.

If someone gets out of the market in this country, what's the best place to put the money? The real rate of inflation has got to be at least 10%. A 1% return on a CD is a negative 9% actual return.

Posted by: Semi-Literate Thug at January 04, 2016 05:54 PM (/f6Nd)

72 Hmmmm... How about "Cash for Clunkers"??
Posted by: Bruce at January 04, 2016 05:46 PM (8ikIW)

fuck you my wife is not for sale....ugh but how much were we talking? Asking for a friend

Posted by: Nevergiveup at January 04, 2016 05:54 PM (gf8BH)

73 Paging NYT's Thomas Friedman, fanboy of China's autocratic central planning!

We've seen this movie many times before, and it always ends badly, sometimes with bloodshed on an historic scale.

Because of its one-child policy, China is about to get very old, very fast. This demographic phenomenon is unprecedented and will have far-reaching consequences.

China's GDP growth has mostly been unsustainable BS. However you hide it, the value of an empty city is zero. This will affect China's financial sector, no matter how hard China tries to hide it.

The World has focused on AGW as the ecological crisis of our times. It's actually the pollution that got exported from the likes of the US and then multiplied by non-existent Chinese environmental protections. If you think Beijing air pollution is bad, the water pollution in parts of China is actually far worse. The West "going Green" has poisoned China.

Every so often the docile Chinese peasants rise up against their overlords.

Developing ...

Posted by: Ignoramus at January 04, 2016 05:55 PM (r1fLd)

74 Years ago I saw China was making cities with no one living in them. They built buildings for no reason but to build them.

Posted by: Skip at January 04, 2016 05:55 PM (C1Suc)

75 Add to this the new "regulations" obama added starting today and the market should really crash.... Most will really hurt the small business owners.... all by design...

Posted by: donna at January 04, 2016 05:55 PM (/dSsq)

76 Ordered another 500 rds of 9mm yesterday, for no reason other then, I wanted it.

Posted by: Village Idiot's Apprentice at January 04, 2016 05:51 PM (ptqRm)
======================================================

I'm assuming you're ordering online. Could you tell me a couple of sites that are reliable and priced well?

Posted by: grammie winger, sign of The Time at January 04, 2016 05:55 PM (dFi94)

77 The middle class in retiring.

The new America is on WIC and EBT and SSDI.

SUCKAS.

Posted by: Golfman at January 04, 2016 05:56 PM (48QDY)

78 63

Root cause? The Rothschilds and Space Lizards.

Not necessarily in that order.

Posted by: Everybody over at ZeroHedge and Reason.com
Posted by: Laurie David's Cervix at January 04, 2016 05:52 PM (kdS6q)

Joooos for ZeroHedge, lack of: a) unfettered immigration and b) legal weed for Reason.

Posted by: Insomniac - Pale Horse/Death 2016 at January 04, 2016 05:56 PM (kpqmD)

79 *is. Ugh.

Posted by: Golfman at January 04, 2016 05:56 PM (48QDY)

80 "... the country certainly APPEARS wealthier in many ways, but again, how can you tell?"

Imagine - an entire Potemkin nation. One the size of China.

Posted by: Qoheleth at January 04, 2016 05:56 PM (iIzG7)

81 How much for the little girl? How much for the women? Your women. I want to buy your women. The little girl, your daughters... sell them to me. Sell me your children.

Posted by: Grump928(c) says Free Soothie!, with purchase of commentor with equal or greater value at January 04, 2016 05:57 PM (evdj2)

82 Though it's hard to tell with the debasement of the dollar.

Posted by: Grump928(c) says Free Soothie!, with purchase of commentor
with equal or greater value at January 04, 2016 05:37 PM (evdj2)

Heh, how does one debase that which is without a base?

Posted by: Burnt Toast at January 04, 2016 05:57 PM (T78UI)

83 77 The middle class in retiring.

The new America is on WIC and EBT and SSDI.

SUCKAS.
Posted by: Golfman at January 04, 2016 05:56 PM (48QDY)

The middle class is sick and fucking tired of being tax cattle.

Posted by: Insomniac - Pale Horse/Death 2016 at January 04, 2016 05:57 PM (kpqmD)

84 is this thing still on?

Posted by: Kristophr at January 04, 2016 05:57 PM (jLXo8)

85

Hoppe's No. 9 Gun Bore Cleaning Solvent, stock up, should be a big seller this year.

Posted by: Colin at January 04, 2016 05:58 PM (T3Tpd)

86 Posted by: Village Idiot's Apprentice at January 04, 2016 05:51 PM (ptqRm)

Now if only you had something that could shoot them...

Posted by: Cicero

Hey, watch this!

Posted by: bionic-dick guy at January 04, 2016 05:58 PM (9YDUz)

87
Now, y'all calm down.

There's nothing to worry about.

Impeachment is off the table.

You're welcome.

Posted by: The Turtle and Eddie Munster at January 04, 2016 05:58 PM (0cMkb)

88 Well, you weren't talking to me, but I've had good luck with Ammoman.com.

Instapundit and a buddy of mine recommend Luckygunner.com, but I've not tried them.

I suppose if I tip it sideways I can cram a few more cases of boom pills into the safe.

Posted by: Sort-of-Mad Max at January 04, 2016 05:58 PM (DLu2s)

89 "I'm assuming you're ordering online. Could you tell me a couple of sites that are reliable and priced well?"

Good starting points

https://www.slickguns.com/category/ammo

https://www.wikiarms.com/group/9mm

Posted by: Village Idiot's Apprentice at January 04, 2016 05:59 PM (ptqRm)

90 I need to horde more copper coated lead pellets in 45acp

Posted by: Skip at January 04, 2016 05:59 PM (C1Suc)

91 The only difference between Obama and Nero is that JugEars McFuckstick doesn't play the fiddle.

Posted by: proudvastrightwingconspirator at January 04, 2016 05:59 PM (uwRNQ)

92 I'm assuming you're ordering online. Could you tell me a couple of sites that are reliable and priced well?

If sgammo.com has what you want, it's probably at the best price you will find. Otherwise, check wikiarms and ammoseek.

for example https://www.wikiarms.com/group/45ACP

Posted by: Grump928(c) says Free Soothie!, with purchase of commentor with equal or greater value at January 04, 2016 05:59 PM (evdj2)

93 Hairyback Guy: The Chinese stock market was pumped up by a nation
of shoeshine boys who thought that the market was a better way to
gamble than playing in casinos in Macao. Once they get blown out, and
the prices fall to realistic levels, I'm buying in.

Posted by: Kristophr at January 04, 2016 05:59 PM (jLXo8)

94 A 1% return on a CD is a negative 9% actual return.
Posted by: Semi-Literate Thug at January 04, 2016 05:54 PM (/f6Nd

Something the economically challenged Golflady doesn't understand.

Posted by: Golfman at January 04, 2016 05:59 PM (48QDY)

95 Posted by: Sort-of-Mad Max at January 04, 2016 05:58 PM (DLu2s)
================================================

Thanks - I appreciate you giving me those names.

Posted by: grammie winger, sign of The Time at January 04, 2016 05:59 PM (dFi94)

96 It helps keep the little yellow bastards busy investing in make believe money

Peeps?

Posted by: Barry O. at January 04, 2016 06:00 PM (LAe3v)

97 The only difference between Obama and Nero is that JugEars McFuckstick doesn't play the fiddle.
Posted by: proudvastrightwingconspirator

Also, Nero didn't pretend to be a Christian while persecuting them.

Posted by: Prince Ludwig the #Problematic at January 04, 2016 06:00 PM (/FOB4)

98 Posted by: Grump928(c) says Free Soothie!, with purchase of commentor
with equal or greater value at January 04, 2016 05:59 PM (evdj2)
==============================================

Thanks Grump - I'm writing all this down.

Posted by: grammie winger, sign of The Time at January 04, 2016 06:00 PM (dFi94)

99

Also:

Banksters

PPT

Fiat Currency

Butter Flavored Crisco Sticks

Posted by: Everybody over at ZeroHedge and Reason.com

Posted by: Laurie David's Cervix at January 04, 2016 06:00 PM (kdS6q)

100 89 "I'm assuming you're ordering online. Could you tell me a couple of sites that are reliable and priced well?"

Good starting points

https://www.slickguns.com/category/ammo

https://www.wikiarms.com/group/9mm
Posted by: Village Idiot's Apprentice at January 04, 2016 05:59 PM (ptqRm)

gun-deals.com/ammo but it's an aggregator that leads to other sites. It's helpful though.

Posted by: Insomniac - Pale Horse/Death 2016 at January 04, 2016 06:01 PM (kpqmD)

101 >>>>I'm assuming you're ordering online. Could you tell me a couple of sites that are reliable and priced well?
.
.
.
.Ammo man.com

Posted by: The Great White Soctsman at January 04, 2016 06:01 PM (iONHu)

102 Everything's awesome!

All hail president for life Obama! PBUH!!

Posted by: The Boot Licking MSM at January 04, 2016 06:02 PM (9JJgN)

103 The real rate of inflation has got to be at least 10%.

Larry Kudlow keeps saying we have DEflation!

Posted by: Bertram Cabot Jr. at January 04, 2016 06:02 PM (FkBIv)

104 f someone gets out of the market in this country, what's the best place to put the money? The real rate of inflation has got to be at least 10%. A 1% return on a CD is a negative 9% actual return.
Posted by: Semi-Literate Thug at January 04, 2016 05:54 PM (/f6Nd

I'm 55 and a Moron. I could qualify for SSDI in no time.

Posted by: Golfman at January 04, 2016 06:02 PM (48QDY)

105 I've never found the prices at ammoman to be competitive, at least not in the calibers I shoot.

Posted by: Grump928(c) says Free Soothie!, with purchase of commentor with equal or greater value at January 04, 2016 06:02 PM (evdj2)

106 Posted by: Insomniac - Pale Horse/Death 2016 at January 04, 2016 06:01 PM (kpqmD)
=============================================

Thanks Insomniac. I think what I'll do is put all these suggestions in a bookmark folder. Thanks again.

Posted by: grammie winger, sign of The Time at January 04, 2016 06:03 PM (dFi94)

107 I do hit wikiarms pretty much every day for the calibers I stock, even when I'm not really in the market to buy. You can find some real deals on occasion.

Posted by: Grump928(c) says Free Soothie!, with purchase of commentor with equal or greater value at January 04, 2016 06:03 PM (evdj2)

108 >>I don't think anyone can really guess HOW big or how much the Chinese economy has grown. I've been there several times in the last 15 years, and the country certainly APPEARS wealthier in many ways, but again, how can you tell?

I go to Hong Kong more often than China but I think that also provides some clues. When I was in Hong Kong last year the government in Hong Kong was getting a lot of complaints about the number of Chinese flowing across the border looking for basics like baby formula and diapers. And this is a country that until very recently had a 1 child policy.

I've no doubt that China has gotten a burst of wealth by opening up the economy a little and encouraging foreign investment. Shanghai looks an awful lot like any modern capitalist city.

But any economy that is ultimately a centrally planned, government controlled corruptocracy is never going to work. And things like diaper shortages in China or toilet paper shortages in Venezuela are ironic and stinky canaries.

Posted by: JackStraw at January 04, 2016 06:04 PM (/tuJf)

109 "Could you tell me a couple of sites that are reliable and priced well?"

Gunbuddy has Russian 7.62 x 54R, 440 round spam cans for $81.99. It's their cheapest in that caliber.

Posted by: Qoheleth at January 04, 2016 06:04 PM (iIzG7)

110 [one can readily imagine the softer parts of Hillery! but not when I'm sober, please.]

Posted by: Satan -- break time! at January 04, 2016 05:36 PM (qSIlh)

The head is an obvious soft spot of the Lady Dowager of Chappaqua

Posted by: Drill_Thrawl at January 04, 2016 06:04 PM (JOG+K)

111 Copy fail.

The middle class is sick and fucking tired of being tax cattle.
Posted by: Insomniac - Pale Horse/Death 2016 at January

Posted by: Golfman at January 04, 2016 06:04 PM (48QDY)

112 Somebody opined that all this executive-actioning on the part of Barry, UnAmerican Idol is just to keep the dough flowing into Organizing for America and other front groups in order to finance Barry's lifestyle when we're no longer on the hook for it.

You think custom Boeing VC-25's and Hawaiian mansions are cheap???

Posted by: Sort-of-Mad Max at January 04, 2016 06:04 PM (DLu2s)

113 >>>>
I've never found the prices at ammoman to be competitive, at least not in the calibers I shoot.
.
.
.They usually have the best deals on 9mm and .223. I don't buy the Russian junk from them but those calibers are generally very good prices.

Posted by: The Great White Soctsman at January 04, 2016 06:04 PM (iONHu)

114 Dow down big today. Gun manufacturer stocks were up. Lib press unsure why.

Posted by: Old Blue at January 04, 2016 06:04 PM (9iR5/)

115 Golfman: buy gold and silver now, while it is cheap.

Physical delivery, not paper instruments like JP Morgan's overleveraged GLD or SLV spdrs.

Sit on it and wait until this humoungous bubble bursts.

Posted by: Kristophr at January 04, 2016 06:04 PM (jLXo8)

116 Our Ruling Class has been cannibalizing the Body Politic for a while now. Everyone sees the disaster coming, even arrived, but the gluttons are fixed on getting their fill before the rot sets in.

Posted by: Jared at January 04, 2016 06:04 PM (oVJmc)

117 Gunbuddy has Russian 7.62 x 54R, 440 round spam cans for $81.99. It's their cheapest in that caliber.

Wut wut?!

BBL

Posted by: Grump928(c) says Free Soothie!, with purchase of commentor with equal or greater value at January 04, 2016 06:05 PM (evdj2)

118 1% return? No problem. We're going to make it up in volume....

(Yeah, I know that's so previous thread)

Posted by: anon a mouse - now with more puppy! at January 04, 2016 06:05 PM (uiVGU)

119 And you can buy gold via a trust based IRA.

Posted by: Kristophr at January 04, 2016 06:05 PM (jLXo8)

120 Geez, sock.

Posted by: Pappy O'Daniel at January 04, 2016 06:05 PM (oVJmc)

121 I've been reading a lot of Thomas Sowell lately; one of the things to be careful of are arguments based on household income over time. Households change; we have become affluent enough that most households have one or two incomes, where they once had one, two, three, four, and more.

"For example, real income per American household rose only 6 percent over the entire period from 1969 to 1996, but real per-capita income rose 51 percent over the same period. The discrepancy is due to the fact that the average size of families and households was declining during these years, so that smaller households were now earning about the same as larger households had earned a generation before."

Now, that's not likely the explanation over the last eight years. One other point he makes a lot is that while "classes" may experience decline statistically, traditionally in America individuals within those classes are highly mobile. Something like 95% of people within the lower 20% will be in the middle within twenty years. To the extent that is no longer happening, if it is no longer happening, it is most likely that heavy regulation has significantly reduced mobility. Higher minimum wages, for example, really kill people's ability to gain experience, especially people who are not in the "upper class". And the massive regulations of the ACA have to be having an effect here as well.

Posted by: Stephen Price Blair at January 04, 2016 06:06 PM (2lndx)

122 IMHO, this was all set for the end of the year. But everyone is in on making the USA a fascist dictatorship so Preznint Shit Midas had to have a good stock year for Preznint Vagina to win this year.

Occams Razor on the stock market.

Posted by: Jukin, Former Republican at January 04, 2016 06:06 PM (AhyHb)

123 The Gun and Ammo Companies oughta buy Fredo and Award...Best Sales Year EVER

Posted by: Nevergiveup at January 04, 2016 06:06 PM (gf8BH)

124 Yeah, no.

Brand: Russian Surplus
Product Code: Russian 7.62X54R
Availability: Out Of Stock
Price: $81.99

Please notify me when this product is available.

Posted by: Grump928(c) says Free Soothie!, with purchase of commentor with equal or greater value at January 04, 2016 06:07 PM (evdj2)

125 And things like diaper shortages in China or toilet paper shortages in Venezuela are ironic and stinky canaries.

The turd is the bird?

Posted by: pep at January 04, 2016 06:07 PM (LAe3v)

126 Once they get blown out, and
the prices fall to realistic levels, I'm buying in.
Posted by: Kristophr at January 04, 2016 05:59 PM (jLXo

Sounds like a plan....buy low and sell high. How do you say "Bernie Madoff" in Mandarin or Cantonese?

Posted by: Hairyback Guy at January 04, 2016 06:07 PM (ej1L0)

127 Posted by: Kristophr at January 04, 2016 06:04 PM (jLXo

Been there. Am there.

Hope so.

Posted by: Golfman at January 04, 2016 06:07 PM (48QDY)

128 I always like to look at the charts . . .

OMG what happened between Aug 18 and Aug 25 last year?

Posted by: A.Smythers, A Celt at January 04, 2016 06:08 PM (0IlOh)

129 China's apparently continuing to slide into a recession, and that seems to be hurting the global economy.

Soooo, how's that whole "global economy" thingy working out?

Posted by: BackwardsBoy at January 04, 2016 06:08 PM (LUgeY)

130 >>The turd is the bird?

Word.

Posted by: JackStraw at January 04, 2016 06:09 PM (/tuJf)

131 Grump - they have a lot of 7.62 x 54R, most of it at $0.45/round and up - what I quoted was their cheapest. It may not be the best stuff... but a Mosin doesn't always need the best stuff to be happy.

Posted by: Qoheleth at January 04, 2016 06:09 PM (iIzG7)

132 I just got an email from change.com alerting me to the true issue of the day.

Girls not being allowed in boy scouts.

Posted by: Lauren at January 04, 2016 06:09 PM (bYGAR)

133 Brand: Russian Surplus

Product Code: Russian 7.62X54R

Availability: Out Of Stock

Price: $81.99

Please notify me when this product is available.

No problem, comrade. Just check local souk in Syria or Afghanistan. They got plenty! Nice fresh stock, too!

Posted by: Crazy Igor's Guns, Ammo, and Tactical Thermonuclear Weapons.com at January 04, 2016 06:10 PM (DLu2s)

134 Posted by: Kristophr at January 04, 2016 05:59 PM (jLXo

and our stock market is cranked up because there is literally no where else to keep your money where it has a chance of keeping up with real inflation.

That, and the 401 being the new retirement plan... which puts more and more of retirement for more and more people propping up the market...

Its what I think of as a captive market... kind of like Calif Gas... where they have regulated it to the point where only one or two companies MAKE that blend of gasoline, so its a Dollar higher than anywhere else in the US, because we can't import their blend of Gasoline...

Crony Capitalism creates Captured Markets...

Posted by: BB Wolf at January 04, 2016 06:10 PM (f7rv6)

135 Girls not being allowed in boy scouts.

What if they're lesbian?

Posted by: donna at January 04, 2016 06:10 PM (/dSsq)

136 Gold prices a couple of years ago was $1400.00 per ounce. Today it was $1075.00 per ounce. You may have already lost $325.00 per ounce in value. And it is possible that it could go lower. Also possible that it could go higher. Like any investment, you have to understand the risk.

Posted by: Old Blue at January 04, 2016 06:10 PM (9iR5/)

137 Mosin Bits have damn near doubled in price, and availability is about nonexistent.

Posted by: Village Idiot's Apprentice at January 04, 2016 06:10 PM (ptqRm)

138 "OMG what happened between Aug 18 and Aug 25 last year?"

That was when the first shoeshine boys figured out that the Chinese exchange was overpriced. The government reacted by threatening to shoot people for short selling.

It still has a bit further to collapse.

Posted by: Kristophr at January 04, 2016 06:10 PM (jLXo8)

139 I just got an email from change.com alerting me to the true issue of the day.

Girls not being allowed in boy scouts.
Posted by: Lauren

Girls? Ewwwwww!

Posted by: Scoutmaster Jazzhands - Troop 469 at January 04, 2016 06:11 PM (/FOB4)

140 "so that smaller households were now earning about the same as larger households had earned a generation befor"

So we're becoming less efficient.

Posted by: Lauren at January 04, 2016 06:11 PM (bYGAR)

141 Seriously though, I'm always in the market for affordable 54R if you guys see any. The last *mumblemumble* thousand rounds I bought was at .33 +shipping for M30. I don't see steelcase for under .50 anywhere.

Posted by: Grump928(c) says Free Soothie!, with purchase of commentor with equal or greater value at January 04, 2016 06:11 PM (evdj2)

142 Girls not being allowed in boy scouts.

What if they're lesbian?
Posted by: donna at January 04, 2016 06:10 PM (/dSsq)

Well of course the Butch ones are right?

Posted by: Nevergiveup at January 04, 2016 06:11 PM (gf8BH)

143 "It still has a bit further to collapse."

A desperate China is a dangerous China.

Posted by: Qoheleth at January 04, 2016 06:12 PM (iIzG7)

144 136
Gold prices a couple of years ago was $1400.00 per ounce. Today it was
$1075.00 per ounce. You may have already lost $325.00 per ounce in
value. And it is possible that it could go lower. Also possible that it
could go higher. Like any investment, you have to understand the risk.

Posted by: Old Blue

You shut your whore mouth.

Posted by: William Devaney at January 04, 2016 06:12 PM (LAe3v)

145 old blue:

Gold is a long term hedge. Anyone buying it to make short term profits is a fool. Gold is where you hide your wealth when the bankers, treasury, stock brokers, and real estate investors are acting like teenage boys with a set of car keys and a case of whiskey.

Posted by: Kristophr at January 04, 2016 06:13 PM (jLXo8)

146 If someone gets out of the market in this country, what's the best place to put the money? The real rate of inflation has got to be at least 10%. A 1% return on a CD is a negative 9% actual return.
Posted by: Semi-Literate Thug at January 04, 2016 05:54 PM (/f6Nd)

You got a mattress? or an empty coffee can? Mason jar maybe?

Posted by: Hairyback Guy at January 04, 2016 06:13 PM (ej1L0)

147 Gallup: Only 2% Say 'Guns/Gun Control' Among Nation's Most Important Problems

So tone deaf jug ears will be garnering the nations attention tomorrow with some 'common sense' bullshit and Clinton part II will be licking the [redacted mention of odoriferous male genitalia] from his t'ain't.

How many states did RR take? 49 iirc.

Posted by: free range jihadist at January 04, 2016 06:13 PM (fbovC)

148 There is really only one rock-solid investment. Elvis on black velvet.

Posted by: pep at January 04, 2016 06:14 PM (LAe3v)

149 Try us! We've got PLENTY in stock! Like, to the bar joists and beyond!

C'mon! Why doesn't anybody buy what we're selling anymore?

Posted by: HopeAndChange.com at January 04, 2016 06:14 PM (DLu2s)

150 >>>>And things like diaper shortages in China or toilet paper shortages in Venezuela are ironic and stinky canaries.

The turd is the bird?
.
.
.I was in Macao once back in the late 1980s and watched the line of people going back into China at the Border point. Every other person had a huge clear trash bag filled to overflowing with toilet paper. A guy I talked to said that is normal.

My definition of a 3rd World Country was been changed after that.

Posted by: The Great White Soctsman at January 04, 2016 06:14 PM (iONHu)

151 OT - Megyn Kelly says Trump tried to 'woo' her but she rebuffed him. Um. Not sure what to make of this and really, true or not, it seems to me she keeps wanting to keep their 'beef' in the spotlight.

Posted by: IC at January 04, 2016 06:14 PM (a0IVu)

152 What we need to fix this is to bring in more immigrants and to legalize the ones that are already here.

Posted by: George Will - Super Conservative at January 04, 2016 06:15 PM (z/Ubi)

153 >>> Whatever we do we need to elect Hillary Clinton president, to continue Obama's bang-bang success on the foreign and domestic fronts. That's all I know.

You just know the SOTU speech Obama supposedly worked on while on vacay (yeah right, like he even writes it himself) says "the state of our economy is strong."

Yeah, come over here and say that to my face, preezy man. After I officially learned over the holidays that yes, I am being demoted from a salaried employee to hourly, due to Obamacare idiocy.

I dare you, say it to my face.

*looks around for emergency stress chocolate*

At least my benefits and current health plan are grandfathered in. Only bright side to this idiocy.

Posted by: LizLem at January 04, 2016 06:15 PM (hvf9s)

154 "A 1% return on a CD is a negative 9% actual return.

Posted by: Semi-Literate Thug at January 04, 2016 05:54 PM (/f6Nd"

----------------

At the low rates it just makes more sense to coffee can it in the back yard. that way you know you can get it for toilet paper of empanada napkins.

Posted by: Jukin, Former Republican at January 04, 2016 06:16 PM (AhyHb)

155 152 What we need to fix this is to bring in more immigrants and to legalize the ones that are already here.

Cause they add soooo much to this Country.... Well, if You count paying for their education, health care and Lodging costs, they certainly do add something to this Country and its debt....

Posted by: donna at January 04, 2016 06:16 PM (/dSsq)

156 "the state of our economy is strong."

Strong, as in "reeks of spoiled garlic and rotting offal."

Posted by: Qoheleth at January 04, 2016 06:16 PM (iIzG7)

157 DOOOOOOOOOOOOOM!

Monty will be here shortly to explain to clueless economists for the 867th time how we will meet our Doom!

Tree of Woe may be preferable.

Posted by: Man from Wazzustan at January 04, 2016 06:17 PM (FtrY1)

158 THE BIONIC PENIS!

The special effects boing would be horrendous.

Posted by: DaveA at January 04, 2016 06:17 PM (DL2i+)

159 I've seen negative interest rate trial balloons floated several times in the past few months.

Posted by: Lauren at January 04, 2016 06:17 PM (bYGAR)

160 >>> I just got an email from change.com alerting me to the true issue of the day. Girls not being allowed in boy scouts.
Posted by: Lauren at January 04, 2016 06:09 PM (bYGAR)

Glad there are no other problems of importance! Now we can focus on the REAL problems, amiright?

*rolls eyes*

Posted by: LizLem at January 04, 2016 06:17 PM (hvf9s)

161
Monty will be here shortly to explain to clueless economists for the 867th time how we will meet our Doom!

Maybe Hillary! can contact those space aliens from area 51....

Posted by: donna at January 04, 2016 06:17 PM (/dSsq)

162
and our stock market is cranked up because there is literally no where else to keep your money where it has a chance of keeping up with real inflation.

That, and the 401 being the new retirement plan... which puts more and more of retirement for more and more people propping up the market...

BB

Been saying that for years.

Posted by: Golfman at January 04, 2016 06:18 PM (48QDY)

163 After I officially learned over the holidays that yes, I am being demoted from a salaried employee to hourly, due to Obamacare idiocy.

Posted by: LizLem at January 04, 2016 06:15 PM (hvf9s)

Me too! Yay!

Posted by: Bob's House of Flannel Shirts and Wallet Chains at January 04, 2016 06:18 PM (vgIRn)

164 But any economy that is ultimately a centrally planned, government controlled corruptocracy is never going to work. And things like diaper shortages in China or toilet paper shortages in Venezuela are ironic and stinky canaries.

Similar to American outhouses, Chinese outhouses have three canaries for use.

Posted by: BackwardsBoy at January 04, 2016 06:18 PM (LUgeY)

165 "Maybe Hillary! can contact those space aliens from area 51...."

Hillary, phone home...

Posted by: Qoheleth at January 04, 2016 06:18 PM (iIzG7)

166 Look at our example and cheer up; at least trundling wheelbarrows full of fiat money down to the store will tone up your forearms for carrying that Panzerfaust into battle!

Posted by: The Weimar Republic at January 04, 2016 06:18 PM (DLu2s)

167 Crony Capitalism creates Captured Markets...
Posted by: BB Wolf at January 04, 2016 06:10 PM (f7rv6)

You've described medical economics in this country

Posted by: Jade Sea at January 04, 2016 06:19 PM (O108X)

168 Golfman: It gets even more fun when the babyboomers start selling that inflated stock out of their 401ks to make ends meet.

We ain't seen nothing yet.

Posted by: Kristophr at January 04, 2016 06:19 PM (jLXo8)

169 WELL SO FAR 2016 STINKS!

Posted by: @votermom at January 04, 2016 06:19 PM (cbfNE)

170 160 >>> I just got an email from change.com alerting me to the true issue of the day. Girls not being allowed in boy scouts.
Posted by: Lauren at January 04, 2016 06:09 PM (bYGAR)

Glad there are no other problems of importance! Now we can focus on the REAL problems, amiright?

*rolls eyes*

Posted by: LizLem at January 04, 2016 06:17 PM (hvf9s)

Here in Shiite Scouts, we do allow Girls in... but only to the Rape Tents, so the boys can get their Rape for Allah Merit Badge!

Posted by: Shiite Scout Master... Death to America! at January 04, 2016 06:20 PM (f7rv6)

171 It is amazing how all the stars are lining up for Trump. What could be a more perfect villain for a guy who has been hammering China for years than China taking down the world wide economy this year?

Posted by: JackStraw at January 04, 2016 06:20 PM (/tuJf)

172 Are you maxing out your 401Ks, comrades? Don't bet against the market!

Posted by: Secundus at January 04, 2016 06:21 PM (+GCIE)

173
I tried to watch Clooney's move Monument Men. God, it was awful.

Posted by: Bruce With a Wang! at January 04, 2016 06:21 PM (iQIUe)

174 In happier news at least I had fun learning more about this blogging stuff this morning.

Posted by: @votermom at January 04, 2016 06:21 PM (cbfNE)

175 >>> Me too! Yay!
Posted by: Bob's House of Flannel Shirts and Wallet Chains at January 04, 2016 06:18 PM (vgIRn)

High five!
*high fives Bob*

I have always had the attitude of "work until the job is done" as a salaried grunt; changing my thinking to "it's five, I'm outta here suckas!" is going to go against everything I know. We'll see how it goes.

But time cards, ughhhh.

Posted by: LizLem at January 04, 2016 06:21 PM (hvf9s)

176 Golfman: It gets even more fun when the babyboomers start selling that inflated stock out of their 401ks to make ends meet.

When? Try like 5 years ago.

Some of the people I meet at retirement planning seminars flat-lined their 401k's a long time ago.

Just a matter of time until a guy with a walker tries to wash your windshield at a stoplight.

Posted by: Sort-of-Mad Max at January 04, 2016 06:22 PM (DLu2s)

177 I have been a big booster for girls in the Boy Scouts since 12. But only the good looking ones that put out. Well until I turned 18.

Seriously, I have always wondered why the Girl Scouts would not allow male leaders if the Boy Scouts were demanded to have homos. That line will stop any leftist in their tracks on the Boy Scout homo leaders subject....unless they are homo...or a pederast.

Posted by: Jukin, Former Republican at January 04, 2016 06:23 PM (AhyHb)

178 162
and our stock market is cranked up because there is literally no where else to keep your money where it has a chance of keeping up with real inflation.

That, and the 401 being the new retirement plan... which puts more and more of retirement for more and more people propping up the market...

BB

Been saying that for years.

Posted by: Golfman at January 04, 2016 06:18 PM (48QDY)

Yup... its like the lottery... the REAL winner is the Government... at the expense of the people... (of all the money spent on the lottery, only 60% is paid out, and then that is taxed at 50%... so more than 2/3rds end up in government coffers..).

Posted by: BB Wolf at January 04, 2016 06:23 PM (f7rv6)

179 "Are you maxing out your 401Ks, comrades? Don't bet against the market!"

And yet I'm seeing commercials for an investment house, getting people to pledge to increase their retirement account deferrals by at least 1%... wait until those 401ks get nationalized...

Posted by: Qoheleth at January 04, 2016 06:24 PM (iIzG7)

180 You all ought to be thanking me!

(ducks)

Posted by: Ear Leader Barry, In The New White House Bunker, With Oprah! And Ellen, Who's Gay! at January 04, 2016 06:24 PM (DLu2s)

181 Votermom, a quick SciFi story wrote today. And short.

https://www.libertyislandmag.com/creator/atelier/content.html?ln=finalcontact

Posted by: Anna Puma at January 04, 2016 06:25 PM (/fW7M)

182 I have always had the attitude of "work until the job is done" as a salaried grunt; changing my thinking to "it's five, I'm outta here suckas!" is going to go against everything I know. We'll see how it goes.

But time cards, ughhhh.

Posted by: LizLem at January 04, 2016 06:21 PM (hvf9s)

Speaking as an hourly blue collar prole unperson.... However, when they call you on weekends, you get to think "Sweet! OT!"

Posted by: Secundus at January 04, 2016 06:25 PM (+GCIE)

183 If Ace is trying to give me reasons to not kill myself in the new year he is failing.

Posted by: StrawMan at January 04, 2016 06:26 PM (K/p7v)

184 >>>>"Are you maxing out your 401Ks, comrades? Don't bet against the market!"

And
yet I'm seeing commercials for an investment house, getting people to
pledge to increase their retirement account deferrals by at least 1%...
wait until those 401ks get nationalized...
.
.
.
.The first time some idiot in Congress introduces a bill to reinvest steal 401K's my wife and I are baling. And we will take the tax hit.

Posted by: The Great White Soctsman at January 04, 2016 06:26 PM (iONHu)

185 Posted by: BB Wolf at January 04, 2016 06:23 PM (f7rv6)

And the money exchangers donate to the politicians.

Posted by: Golfman at January 04, 2016 06:27 PM (48QDY)

186 A desperate China is a dangerous China.

Posted by: Qoheleth at January 04, 2016 06:12 PM (iIzG7)

The only question is -

who's going to get warred upon- Japan or Taiwan?

My bets on Japan as the Chinese movie industry has really amped up the Japanese as sub-human villains over the last several years-

and with all the Japanese in China and Japanese companies in China, I'm sure they can whip up one of their patented xenophobic killathons that convulse them throughout history.

Of course, China is vulnerable as hell to a coordinated attack upon their mega-dam system, which certainly Japan and probably Taiwan can bring to China's frolic.

The smart move would be attack SE Asia....oil!

Plus, weakish militaries.

Or there's always India but not sure what the gain is there for them.

Posted by: naturalfake at January 04, 2016 06:27 PM (0cMkb)

187 With the guy who played Admiral Painter dead, it IS getting out of control.

Posted by: Anna Puma at January 04, 2016 06:27 PM (/fW7M)

188 >>> Speaking as an hourly blue collar prole unperson.... However, when they call you on weekends, you get to think "Sweet! OT!"
Posted by: Secundus at January 04, 2016 06:25 PM (+GCIE)

I have been informed there is no money to pay us OT, so that cannot happen. The kind of projects I do laugh at such declarations. So we will see that happens when a project DOES have to get done over the weekend, which I am 100% sure will happen.

Posted by: LizLem at January 04, 2016 06:28 PM (hvf9s)

189 What the hell are you bitchin' about? You got a cheaper toaster that breaks after three years of light use!

Posted by: Dack Thrombosis at January 04, 2016 06:28 PM (4ErVI)

190 Girls not being allowed in Boy Scouts?

Should there be an allocation per tent or something?

Posted by: JEM at January 04, 2016 06:29 PM (JODDm)

191 Comrades, COMRADES stop all this talk of glorious leader not being economic genius. He is economic genius. His five year plan will bring wealth, prosperity but mostly hope and change to evil capitalist systems run by Monopoly Guy.

We have to trust that glorious leader and Politburo know best 5-12 year plan for proles and remember that it is not now but the future that will be glorious, GLORIOUS!!!!

Posted by: Jukin, Former Republican at January 04, 2016 06:29 PM (AhyHb)

192 Recovery century!

Posted by: Dack Thrombosis at January 04, 2016 06:29 PM (4ErVI)

193 Doesn't China know the Japanese have a whole bunch of war making robots?

Posted by: Bertram Cabot Jr. at January 04, 2016 06:29 PM (FkBIv)

194 And yet I'm seeing commercials for an investment house, getting people to pledge to increase their retirement account deferrals by at least 1%... wait until those 401ks get nationalized...

Posted by: Qoheleth at January 04, 2016 06:24 PM (iIzG7)

Aside from one six month stint at a job where we were automatically enrolled, I've never had one. Have my own investment accounts.

Tax deferral trips my inner paranoia. "You'll be in a lower tax bracket!" Says who? "You don't have to pay taxes on it now!" Yeah, but the Feds are gonna get their pound of flesh... Just as soon pay 'em now.

Posted by: Secundus at January 04, 2016 06:30 PM (+GCIE)

195 >>> You all ought to be thanking me!
(ducks)
Posted by: Ear Leader Barry, In The New White House Bunker, With Oprah! And Ellen, Who's Gay! at January 04, 2016 06:24 PM (DLu2s)

*writes AtC a note asking to borrow the raptors a while*
*hunts for the keys to the raptor pen*
*hopes they did not accidentally fall into The Barrel*

Posted by: LizLem at January 04, 2016 06:30 PM (hvf9s)

196 Votermom, a quick SciFi story wrote today. And short.

https://www.libertyislandmag.com/creator/atelier/content.html?ln=finalcontact

Posted by: Anna Puma at January 04, 2016 06:25 PM (/fW7M)

Monolith aliens for President 2016

Posted by: In 1^2 x 2^2 x 3^2 we trust at January 04, 2016 06:30 PM (vBeA5)

197 Three Gorges Dam. And something that undermines it.

There goes a few hundred million Chinese and maybe the whole country going dark as the power grid crashes from the imbalance.

Posted by: Anna Puma at January 04, 2016 06:30 PM (/fW7M)

198 Doesn't China know the Japanese have a whole bunch of war making robots?
Posted by: Bertram Cabot Jr.

Wait till we unleash our stockpile of strategic tentacle rape monsters.

Posted by: PM Abe at January 04, 2016 06:31 PM (/FOB4)

199 Brand: Russian Surplus

Product Code: Russian 7.62X54R

Availability: Out Of Stock

Price: $81.99

Please notify me when this product is available.
-------------------------

Yeah that is why my office desk is held up by Bulgarian green cans.

Posted by: Jukin, Former Republican at January 04, 2016 06:32 PM (AhyHb)

200
Well, with those new Alien Work Permits we should be getting a better class of labor, seeing as they come from such radically advanced civilizations.

Then again, we'll probably get Trailer Trash Xenomorphs that bring in Mr. Meth smart cookers to radically advance the improvised recreational pharmaceutical industry.

Posted by: IllTemperedCur at January 04, 2016 06:33 PM (o98Jz)

201 osted by: Anna Puma at January 04, 2016 06:25 PM (/fW7M)

Boom!
I'm gonna link to that in one of my posts.
A short short story like tgat - is that called flash fiction?

Posted by: @votermom at January 04, 2016 06:33 PM (cbfNE)

202 145 old blue:

Gold is a long term hedge. Anyone buying it to make short term profits is a fool. Gold is where you hide your wealth when the bankers, treasury, stock brokers, and real estate investors are acting like teenage boys with a set of car keys and a case of whiskey.

Posted by: Kristophr at January 04, 2016 06:13 PM (jLXo

Yeah, I see gold and silver as insurance. It's probably a good idea to buy a little here and there and sit on it. It could go down in value, but it will never be worthless like paper currency can.

Posted by: rickl at January 04, 2016 06:33 PM (sdi6R)

203 And I'm in the middle of a conversation about unwed teen mothers that are daughters of deacons at my church. Wandered there while talking about the one daughter living with momma and daddy while firefighter baby daddy has fathered 3 others. 45 y/o grandpa probably makes $200,000 a year and daughter is probably on WIC etc.

If we only had a preacher that would call some folks out. No consequence. No ramifications.

Where's Fen?

Posted by: Golfman at January 04, 2016 06:33 PM (48QDY)

204 Weird creepy ad at the top of the page features cartoon characters, what look like Dinsey princesses, little ponies, something that looks like it might be cartoon pron, and... a cartoon Ariana Grande?

I am so not clicking that link.

Posted by: BurtTC at January 04, 2016 06:34 PM (Dj0WE)

205 I have been informed there is no money to pay us OT, so that cannot happen.

Posted by: LizLem at January 04, 2016 06:28 PM (hvf9s)

Ell Oh Ell. Wait'll the client's breathing down their necks. I've run into that before. "Don't charge overtime" becomes "Don't exceed seventeen hours for more than two days running. Get it done."

Posted by: Secundus at January 04, 2016 06:34 PM (+GCIE)

206 >>> China's apparently continuing to slide into a recession, and that seems to be hurting the global economy.

Chinese elite who come over to US to shop at Rodeo Drive boutiques hardest hit. (Rodeo Drive shopkeepers, stop crying on your overpriced wares at the lost business, it is unseemly!)

Chinese women paying to fly over here to have US anchor babies next hardest hit.

Posted by: LizLem at January 04, 2016 06:34 PM (hvf9s)

207 Active duty Chinese military outnumbers Japan's active duty military by about 10 to 1. The US has a treaty obligation to protect Japan, but if push came to shove, I don't think the JEF would honor that obligation.

Posted by: Old Blue at January 04, 2016 06:35 PM (9iR5/)

208 Golfman: It's just starting to warm up. A lot of aging babyboomers have figured out that they cannot afford to retire, with makes the labor market even worse.

The ultra rich are buying up property, gold and collectibles right now. This is the equivalent of seeing the EOD bomb expert run past you in a panic from the bomb he was working on.

Posted by: Kristophr at January 04, 2016 06:35 PM (jLXo8)

209 There goes a few hundred million Chinese and maybe the whole country going dark as the power grid crashes from the imbalance.

Posted by: Anna Puma at January 04, 2016 06:30 PM (/fW7M)

*begins idly sketching kanji onto a napkin*

Posted by: Japanese Intelligence Guy at January 04, 2016 06:36 PM (+GCIE)

210
Sweasel got an electric bike!
Sweasel got an electric bike!

http://sweasel.com/archives/15785

Posted by: Bruce With a Wang! at January 04, 2016 06:36 PM (iQIUe)

211 Golfman: It gets even more fun when the babyboomers start selling that inflated stock out of their 401ks to make ends meet.
We ain't seen nothing yet.
Posted by: Kristophr at January 04, 2016 06:19 PM (jLXo

Yup...when Mrs. and Mrs. Cloggenstein-Sanders have to sell their 401ks to pay for the Prius and the time share in Key West and junior's worthless degree from NW Commie U. the shit will hit the fan.

Posted by: Hairyback Guy at January 04, 2016 06:37 PM (ej1L0)

212 Votermom, well it is Flash fiction in more ways than one. Under a thousand words is considered such.

And link away. Just something I batted out in about twenty minutes.

Posted by: Anna Puma at January 04, 2016 06:37 PM (/fW7M)

213 Active duty Chinese military outnumbers Japan's active duty military by about 10 to 1.

Posted by: Old Blue at January 04, 2016 06:35 PM (9iR5/)

Sure they do. In China.

How do their air forces and navies match up? And how big a pile of antiship missiles do you think the Rising Sun has stockpiled?

Posted by: Japanese Intelligence Guy at January 04, 2016 06:38 PM (+GCIE)

214 Intel sock off

Posted by: Secundus at January 04, 2016 06:38 PM (+GCIE)

215 Green shoots, baby!

Posted by: Jay Guevara at January 04, 2016 06:39 PM (oKE6c)

216 First two nuclear weapons exploded over cities were named Little Boy and Fat Man.

The next one will be named Hello Kitty!

Posted by: Sort-of-Mad Max at January 04, 2016 06:39 PM (DLu2s)

217 151 OT - Megyn Kelly says Trump tried to 'woo' her but she rebuffed him. Um. Not sure what to make of this and really, true or not, it seems to me she keeps wanting to keep their 'beef' in the spotlight.

Posted by: IC at January 04, 2016 06:14 PM (a0IVu)
---
Of course she does, she's a ratings whore.

Posted by: ThisBeingMilt at January 04, 2016 06:40 PM (MbrzC)

218 Nood.

Posted by: IC at January 04, 2016 06:40 PM (a0IVu)

219 >>151 OT - Megyn Kelly says Trump tried to 'woo' her but she rebuffed him. Um. Not sure what to make of this and really, true or not, it seems to me she keeps wanting to keep their 'beef' in the spotlight.
Posted by: IC at January 04, 2016 06:14 PM (a0IVu)

Onetime a guy friend came over and after he left my roommate started telling me how he asked her out a few years. I said you must be confused, he's gay. He didn't ask you out. She insisted he did.

I don't know why I thought of that...

Posted by: Lea at January 04, 2016 06:41 PM (vmMMi)

220 Every year, I pull out what the company puts in my 401k. I'm 64, so I don't get penalized. I use the money for property taxes. If I can hang onto the places awhile longer and afford to probate them, I might be able to sell something. It's a better use of my money for now.

Posted by: notsothoreau at January 04, 2016 06:41 PM (Lqy/e)

221 Japanese salad sucks. iceberg lettuce, crappy ginger dressing. They should add that new element they invented.

Posted by: Science luster at January 04, 2016 06:42 PM (7EHW6)

222 Sweasel got an electric bike!

Used to see those in S. Vietnam with mom, dad, and three kids on'm zipping down the highway.

Posted by: A.Smythers, A Celt at January 04, 2016 06:45 PM (0IlOh)

223 Sure they do. In China.
-------
Just pointing out the disparity in standing armies. Plus the Chinese have been on a shipbuilding binge the last couple of years, mostly to challenge the US Navy in the Pacific.
The Chinese have also been hinting about using a nuclear EMP burst to disable opposing Navies. Something like that could escalate real quick, unless they do it while the JEF is in office. That one fact scares the bejesus out of me.

Posted by: Old Blue at January 04, 2016 06:45 PM (9iR5/)

224 It's all coming true, all I hear through my hat is true. But then I knew that. Do you?

Posted by: Tinfoilbaby at January 04, 2016 06:46 PM (6Ll1u)

225 It's all coming true, all I hear through my hat is true. But then I knew that. Do you?

The just what They want you to think.

Posted by: Grump928(C) says Free Soothie!, with purchase of commenter of equal or greater value at January 04, 2016 06:48 PM (rwI+c)

226 They also don't want me to type coherent sentences.

Posted by: Grump928(C) says Free Soothie!, with purchase of commenter of equal or greater value at January 04, 2016 06:50 PM (rwI+c)

227 226.. I'm talking about what you know. Mean what I know Gene!

Posted by: Tinfoilbaby at January 04, 2016 06:58 PM (2l3V3)

228 Middle class? We don't need no stinking middle class.

Posted by: Communism at January 04, 2016 07:02 PM (Wph2V)

229 The US has unprecedented creative power, yet the wise old men who created the nation are in the process of handing all power to women and minorities who have different priorities to the founders. We are only just starting to glimpse how different those priorities are, but I suggest that women prefer and will gradually work towards a society which more resembles an ants or bees nest than a western liberal democracy, because it's better for breeding. Inside humans are ants and bees (and sharks and jellyfish etc) genes which so far have no external impact because the carriers had no influence and male hunter genes were most useful. I predict that from the 21st century, atavistic traits will become more important to humans than those they've used so far.

Posted by: bruce at January 04, 2016 07:13 PM (E7GGp)

230 another things besides smaller households ... money goes further now. Long distance phone calls were expensive, cars less dependable, TV a few stations, internet now gives us unheard of info ... etc.

Even the welfare class has AC, internet, cable ... their standard is like middle class of the 50's, without the hard work.

But much of our productivity gains were captured by government, so the working class supports more people, and the donor class owns more power thanks to bailouts for corrupt millionaires. And the public union class was enriched and retired early, but thrust upon us more and more commie "progressives". We allowed it as quality of life was still improving, though liberties were eroding.

The (private) Federal Reserve was supposed to stabilize our currency, but they took on a new role of propping up the stock and bond markets. It is debated whether they are actually IN the stock market, but Greenspan long ago thought that was acceptable. Maybe the DOW should be at 5500, not 17000. You can bet Goldman Sachs will still tell clients to buy even as they are short, as they did with housing.

party on Garth

Posted by: Illiniwek at January 04, 2016 07:21 PM (5Gpe2)

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